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Bullion Bears Intermediate Strategy.

Step One: (Market Structure)


 To ensure you’re trading with the trend, look out for HHs and HLs vice versa.

 Ensure your structure and correlates even on the lower timeframes like the
5M and 1M, (Only enter when the lower direction correlates with the
higher timeframe direction). Take note of liquidity levels and S&R as well to
ensure you aren’t stop hunted.


 Identify chart patterns & your key levels. These points will be where you
could possibly be looking to execute.

***Always lookout for Market Structure Shift’s as they could possibly turn a
winning trade into a loss, especially on the lower timeframes, so always keep an
eye on the lower timeframes***
Step Two: (Charting)
 Using the top-down method, identify and draw all necessary information.
 You’re specifically looking for trend channels and/or Liquidity levels.
 Mark only the relevant points to minimize lines on your chart and to
eliminate any noise.

***When charting a trend channel, ensure that it is parallel. ***

Step Three: (Entry Zone)


 Open the ICT Concepts by LuxAlgo indicator. This indicator will be one of
our entry confirmations.
 We’re now looking for price to give us a signal that it’s now heading to our
directional bias.
This could be a FVG, OB, VI, Liquidity/S&R touch or a Break & Retest.
 Keep in mind we’re looking for this signal to be on a pullback or a key level.
Step Four: (Execution)
This will be done on the 15M timeframe only when the following conditions have
been met: -
 1.The Overall and the Current trend have been confirmed and are being
respected (Market Structure Shift/Break of Structure).
 2.Price is at a valid structure/point (Liquidity Zone/Trend Channel Touch).
 3.Displacement and a pullback should occur (This could be a FVG or Break
and Retest).
 Open trade on the Pullback/Correction with S/L at ATR x2 on a 1:3 R:R or
more.
N.B
Dos:
*Ensure you have a volume/volatility indicator to ensure you
don’t execute in a dead market.
* Ensure that the lower timeframe market structure still
respects your trend.
*You have 3 or more confirmations before you execute.

Don’ts:
* Don’t trade on the breakout, always wait for a retest as we
only execute on the correction and never on the impulse.
*Overleverage/over risk your account to ensure to able to live
to fight another day.
*Never chase a setup. You can’t predict the market so until it
fully plays out like you’re expecting it then it hasn’t favored you.

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