Step 1
MULTI TIMEFRAME ANALYSIS (Market Structure)

Analyse the overall market structure on the higher time frames Weekly -
daily - 4 hour

Use the time frame you feel comfortable.

Daily or the 4 hour are probably the easiest and most utilised. The weekly time frame is a lot slower but its a good to have an idea what trend is showing you. From looking at the higher
time frames you gain an understanding regarding the overall trend and bias of the market you are currently looking at.

Once you have done this, identify what structure you are expecting next,whether its Higher low (HL), Lower Low (LL), Higher high (HH) or a Lower Low (LL).

This is based on your higher time frame analysis, So for example, if you stick to using the daily time frame as your main trend indicating time
frame, Identify whether you are waiting for another of the structures listed above.

This is where a sound understanding of market structure is.

Remember:

Higher time frames (4 hour +) - indicate our overall trend and bias - Swing points

Lower time frames (Sub 4 hour) - Indicate intraday positions - Intraday

TIMEFRAME RULES

If you struggle to decide which timeframes to use, you need to decide what time of trader you want to be.

Use the rule of 3 to decide which time frame you are going to use.

These time frame rules are only for those who use confirmation entry.

Rule of 3: Your entry time frame - 3, skip one and use the remaining two.

As listed

SWING:

MONTHLY POI = 4h or daily for entry
WEEKLY POI = 1 hour or 4 hour for entry
Daily = 1h or 30m for entry

INTRADAY:

4 HOUR POI = 30m or 15m for entry
1 HOUR POI = 15m or 5m or 1m for entry

Scalping:
15M POI = 5m 1m or 30s for entry

Remember the 2 rules!

When determining if price is bullish or bearish, you need two things!

1. Impulse - An impulse which breaks a structural point

2. Successful retrace - The retrace which break the structure the impulse
created

These Two rules will determine your trend on any time frame you are using.

So identify what trend you are in on the higher time frames to identify your overall Bias and trend.

Step 2: Identify your POI

Point of interest being our Order block.

More importantly identify the order block on the higher time frame. This is the only area you are looking to enter
from to follow trend.

If you are comfortable it is the same process for counter trend lower time frame moves.

Once you identify your OB, highlight and set an Alert at the Open of the OB.
Go through multi time frames and gain and understanding of OBs which are CLEAR that need to be mitigated.
The reason we do this, so we have a rough idea where we should expect price to react from before following our high time frame bias.

Now, if you are to follow a risk entry method, this OB
refinement is crucial as you would be setting a limit order off the refined OB
within your higher time frame OB.

For example, within a daily OB you may find a very clear 5min time frame OB, so you may expect price to mitigate this order block before reacting.

If you chose a risk entry method, this would be your entry candle.

Make sure you understand OBs and why they exist. You have to remember
order blocks are footprints left behind from institutions. They drive price in
one direction before their desired move, but to drive price to grab liquidity, they need to sacrifice a position, for this reason they dont use Stop losses.

So although price has a strong reaction, price returns to the order blocks so that
institutions can mitigate their losses. Without understanding this, you will
not understand the background behind this strategy and also will not have a clear understanding of your trading.

When identifying Order blocks, you want to find clear Order blocks.
By clear, I mean, no wicks tickling into it. We want a clear OB and Inefficiency /
Imbalance.

This signifies a strong OB

Imbalance is key, remember markets always have an equilibrium, 50% buying and 50% selling.
When a trader wins another trader loses. That is all
part of it.
However, when there is a 100% of either buying or selling, this is
forced by institutions. Us retail traders cannot produce that move. This
indicates to us that the Institutions are active at this OB.