Photon Trade Plan (2024)
Photon Trade Plan (2024)
8. 📋 TRADE PLAN
TIMEFRAMES
HTF - 4H -> Narrative - PT run or CT pullback phase - signals when MTF may change trend.
MTF - M15 (1H) -> Immediate bias and POIs - fulfils HTF objective.
LTF - M5 (M15) -> Execution for MTF POIs / ideas.
MTF PHASES
EXECUTION
Liquidation -> Identify / wait for strong liquidation (LC-2A fake break / LC-1 LID sweep)
Place stop order entry in front of liquidation candle (LC) when closed + add buffers
Trail stop order in front of each new candle until tagged or MTF POI fails.
MANAGEMENT
RISK MANAGEMENT
2 pip SL minimum
https://s3.tradingview.com/snapshots/1/1StyuCJI.png
HIGH LEVEL TRADE PLAN OVERVIEW
https://s3.tradingview.com/snapshots/z/ZpEGE8YG.png
https://s3.tradingview.com/snapshots/y/YxCdBIrF.png
LC-2A
https://s3.tradingview.com/snapshots/m/mf4pYbSC.png
LC-1
https://s3.tradingview.com/snapshots/u/UxpAPQsG.png
LC-1 REQUIREMENTS
https://s3.tradingview.com/snapshots/k/KhL7zaxA.png