Freshizy Notes - by Leefy and JoshuaGFX
Freshizy Notes - by Leefy and JoshuaGFX
Type 3: If 3 or more TF have the same zone, then we can take the entry
directly with TL: (SHOULD NOT HAVE TO MOVE THE LINE)
P.S
- Also don’t really need the type 3
- Type 1 and 2 are more than enough. Type 3 can be a high risk.
-Type 3 (high risk)
-Type 1 is (mid)
- Type 2 (lower)
More Notes
Mark WD H4-H1 levels
-if you have a w d1 tap then controlling tf is daily
-if you have a daily dl tap then controlling tf is h4
If you have h4 tap then h1 dl in the control
If you have h1 dl tap controlling is m30/m15
Decision Levels
Decision levels have a lot of use but the main use for Direction is for
1. Direction of Market flow
2. Predicting the direction of the next Candle
IMPORTANT HERE:
- There are A LOT of decision levels, but the most important levels are.
1. The Origin/Source engulfing that created the beginning of the leg
of price and
2. The DL (Decision Level) changed its view, meaning the one that
broke out the engulfing and changed the market flow from bullish to
bearish or vice versa.
3. We can take any decision level we want for entry in a buy or sell
once it is confirmed.
How do we find the direction and do Market Flow: On Monthly, Weekly,
Daily, and H4?
When marking MARKET FLOW, we must remember that:
1. HTF pullback + OHLC causes LTF breakouts in the opposite direction. This
pullback can cause ltf insignificant breakouts.
Ex: Monthly pullbacks can and will cause weekly bullish breakouts. Making
people think that Weekly is bullish but, it is not it just follows Big Daddy
(Monthly).
Picture Example:
So how do we know if the market is changing or is
changing in different market flow?
Like Discord User: @StandardPractice said “There are A LOT of decision
levels, but the most important levels are.
1. The Origin/Source engulfing that created the beginning of the leg of price
and
2. The DL (Decision Level) changed its view, meaning the one that broke out
the engulfing and changed the market flow from bullish to bearish or vice
versa. “
Leefy said “If you look at every timeframe, we got some kind of key level”
MONTHLY has key levels, WEEKLY has key levels, DAILY has key levels
and H4 has key levels. Market Price loves to come back to those key levels.
Key Levels
1. Have been tested multiple times.
2. Rejected Multiple times and started a new leg up.
3. Created the beginning of the leg of the price.
4. Changed the market flow from bullish to bearish.
Example Picture:
Another Example:
Leefy :
When M30 or H1 has a bearish confirmed dl breakout but on h4 there is a bullish
setup and bullish OHLC formation occurring we don’t follow the m30 and h1 even
though it clearly says to sell because the break of these (m30-h1) were because of
the HTF OHLC formation.
Solution:
1. We don’t ignore it but we know that it is just because of HTF pullback
2. We trade accordingly, just beware.
Refinement: