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  • MMXM - Neok

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    Dawid Dawid
    86 views7 pages
    This document discusses using the MMXM trading strategy and provides examples. It explains that the strategy looks for a MMSM pattern on EURUSD and a corresponding MMBM pattern on DXY. Examples are given of trades taken following the strategy's rules: entering in the third phase, invalidating above the second phase, and looking for confluence. A specific short trade example on EURUSD is analyzed, noting it would have been stopped out by following the system properly.

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    MMXM - NEOK

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    This document discusses using the MMXM trading strategy and provides examples. It explains that the strategy looks for a MMSM pattern on EURUSD and a corresponding MMBM pattern on DXY. Examples are given of trades taken following the strategy's rules: entering in the third phase, invalidating above the second phase, and looking for confluence. A specific short trade example on EURUSD is analyzed, noting it would have been stopped out by following the system properly.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    86 views7 pages

    MMXM - Neok

    Uploaded by

    Dawid Dawid
    This document discusses using the MMXM trading strategy and provides examples. It explains that the strategy looks for a MMSM pattern on EURUSD and a corresponding MMBM pattern on DXY. Examples are given of trades taken following the strategy's rules: entering in the third phase, invalidating above the second phase, and looking for confluence. A specific short trade example on EURUSD is analyzed, noting it would have been stopped out by following the system properly.

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    © All Rights Reserved
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    of 7

    ICT’s MMXM

    Explaining how and why I use this concept in my trading


    strategy, with examples of trades I have taken.

    I like to trade EURUSD & chart DXY for confluence, so when I


    see a MMSM on EURUSD, Im also expecting / trying to find a
    MMBM on DXY

    Sharing examples of trades I have taken using this model.


    S/O the the creator of this, don’t know who it is but I always use this one

    Some steps I always take when I take setups with this model.

    1. HTF liquidity is taken.

    2. Entry in 3rd phase, Re-Distribution or Re-Accumulation

    3. Invalidation above 2nd phase, Distribution or Accumlation

    4. Always look for confluence ( SMT, BPR, AMD etc.)

    Let’s show some examples below.


    SHORT SETUP EXAMPLE
    MMSM – EURUSD
    M5 TIMEFRAME
    SHORT SETUP EXAMPLE
    MMSM – EURUSD
    M1 TIMEFRAME
    SHORT SETUP EXAMPLE
    MMSM – EURUSD
    M5 TIMEFRAME
    SHORT SETUP EXAMPLE
    MMSM – EURUSD
    M5 TIMEFRAME

    Perfect example of why my invalidation is always above the


    2nd phase, distribution as mentioned.
    Would have been stopped in this trade with the right bias &
    plan, but wrong execution.
    Follow your system, always.
    If you like my content, you can support me by using these links below.

    My discord where I share all my trades :


    https://discord.gg/vuMJzksEcK

    PrimeXBT link with deposit bonuses & fees discounts :


    Promocode : NEOK & NEOK25
    http://u.primexbt.com/neoktrades

    My only twitter accounts :


    NEOK (@neoktrades) / Twitter
    247 (@AREA247_) / Twitter

    Likes & RT’s appreciated, hope you enjoyed it

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