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PapiFx Smart Money Tutorial
PapiFx Smart Money Tutorial
Introduction
• In this presentation I will be teaching you guys exactly how to set up and use my strategy
• We will ONLY be using the 15 minute and the 1 minute
• The 15 minute will be used to find key points in the market, and the 1 minute will be used
for entries.
• This is an easy to learn strategy that has helped me be able to maximize my profits,
minimize my losses, and has also boosted my confidence in trading altogether.
• If you haven’t been seeing the results you’d like to see in your trading journey, need
some guidance, or just want to learn a new strategy then this is for you.
change
the time frame it occurs on. (I will
be teaching this strategy using the
15m for zones, and the 1m for
of character?
entries)
❖ If price is bearish, after a CHOCH
(CHOCH)
you should be seeing bullish
intentions.
❖ If price is bullish, after a CHOCH
you should be seeing bearish
intentions.
❖ When used correctly, CHOCH can
be a very effective added
confluence in whatever strategy
you may be using.
How to find
❖ A CHOCH setup should be the
exact same every time.
❖ For a bullish setup, a low needs to
character
❖ For a bearish setup, a high needs
to be broken, as well as a low with
an impulsive move.
❖ If both of these are not broken, it
is NOT a complete CHOCH setup.
❖ Impulsive move just means strong
move, doesn’t matter the
direction.
Order Block
Lower
2. 1.
ove
High
High
Imp
ve m
h)
(S t r
ulsiv
pus
1. 2.
ong
ong
ulsi
em
(S t r
push
Imp
ove
Low
Higher low
)
Order Block
Low
Lower
Low
❖ An Order Block within a VALID Change of character becomes our point of interest for possible
entries on the 1 minute time frame. (WE WILL GET INTO THESE LATER, DON’T WORRY)
•BOS means Break of structure, and it is •Change of character on the other hand is a
simply just the break of a previous complete process consisting of 2 breaks of
high/low level structure and an impulsive move to the
upside or downside
Higher high
Bearish Ex:
Bullish Ex: 1.
High
High
2. Lower
High
ove
Impu
ve m
ulsi
l s i ve
1.
Low
Imp
m ove
Small Pullback above
the CHOCH line
2.
Higher low
Lower
Low
Low
• If the impulsive move doesn’t consist of strong bullish/bearish candles, & struggles to break the 2nd CHOCH line, it is INVALID.
= Order Block (OB): I’ll describe what these are & how to find the correct ones later.
Points of interest
•For a POI to be VALID in this
strategy, we look for 3 things:
1. CHOCH completion
2. An Order Block
3. Hidden Divergence
✴ Your POI can also be called your zone, or
wherever you put a box on the chart to
surround an important area.
Bearish Ex:
Order Blocks
• An order block is the last candle before the
impulsive move. Doesn’t matter if its bullish or
bearish (could also be a dojo). For this strategy,
the Order Block, or the candle next to it must
take some form of liquidity to be VALID.
✦ In the market, liquidity is just a build up of
buys or sells in, or around the same area.
There is liquidity resting above/below each
candle, and the amount grows the more
SPLIT that area gets touched.
• The best way to tell if an order block has taken
some liquidity is by the wick. Usually candles
that have taken liquidity have a longer wick than
other candles. Price will also show a strong
impulsive push after one of these wicks. If the
order block, or the candle next to it has taken
liquidity, you NEED to make sure you include the
wick inside of your point of interest zone. This
wick takes resting orders sitting below these
liquidity zones in order to make these strong
impulsive moves we need to see for a CHOCH
= Order Block Bullish Ex: completion.
Bearish Ex:
Order Blocks Continuation
• For a bearish example, either the order
block or the candle directly to the LEFT
will have the wick that takes liquidity. If
the candle to the right of the order block
is the one with the long wick, it is
INVALID, therefor making the order block
as well as the strategy setup INVALID.
• For a bullish example, either the order
SPLIT block or the candle directly to the RIGHT
will have the wick that takes liquidity. If
the candle to the left of the order block is
the one with the long wick, it is INVALID,
therefor making the order block as well
as the strategy setup INVALID.
• Once you have a valid change of
character AND a valid order block, it’s
time for you to check the HIDDEN
DIVERGENCE.
Bullish Ex:
Hidden Divergence
❖Occurs when price is showing
higher highs or lower lows, while
our indicator is showing the
opposite. (I will show the
indicator in the next slide)
TDI Indicator
✴ Lower part
of style
Entries
• For our entries on the 1 minute time
frame we look for the following
things:
- A 1min CHOCH
- A Valid Supply/Demand zone
(supply zone for bullish setup & demand
zone for bearish setup.)
- A Break of Structure (BOS)
- And an order block breaking
through all of these things from
a pullback, also known as a
FLIP.
• To the right are some great
examples of a complete 1min setup,
but we will be breaking these down 1
step at a time so you don’t get
confused.
Entries continued #4
•Next, we want to see price come into our
demand or supply zone and show some form
of rejection.
Entries continued #5
•The candle that was responsible for breaking
the demand or supply zone, the rejection
high/low, and completing CHOCH is where
you’ll put your POI (Entry zone). This is the
candle you will be taking an entry from when
price comes into the zone.
•I risk 1% of my account for a 1:3 risk reward
ratio.
•I also put my stop loss 1.5 to 2.5 pips below my
entry zone. (Almost always 1.5)
Entries continued #6
• You can go for a 1:3 risk reward, or just
aim for the next supply/demand level
which is just an area of price that has
broken structures, but hasn’t been
retested yet. (See bottom right
example)
•MAKE SURE YOU FOLLOW EVERY
STEP CAREFULLY and always double
check your analysis before placing
entries.
If you would like to join my Discord for market setups, updates, and entries,
click the link below.
https://discord.gg/FJXsxxKwky