-WebsterFxEliteEntry-
This is a short explanation of something common I have observed when trading BBMA:
I prefer trading a trending market so I spotted a configuration that would allow me to find the market in
the right state for me to be able to trade it. I call it “Possible Trending Configuration” PTC in short. It isn’t
that simple to observe but I will provide a few examples with snapshots.
Lets begin.
The first thing you have to do is find a region where 5/10maLO are below mid bb and pointing down on
highter Tf, at the same time the 50ma should be entering into the layered zone of the 5/10maLO from
below mid bb too. This can be seen from the snapshot below on h4 Tf as highest Tf.
After marking this zone, you should move to the lower tf and observe the bbma movement as per basic
BBMA. Have a look at 1hr TF below.
Notice that we have a clear cycle if we focus on what happened before verses what we have in the
region where 50ma cuts the 5/10maLO on H4. This region is where you are likely to find the strongest
possible bbma entries (5/10ma and mid bb or 5/10ma, mid bb and 50ma) the worst-case scenario is
having to wait for the rpice to fail upper bb in the above snapshot.
You then have to drop 1 timeframe lower to the lowest timeframe in 3TF Multi timeframe rule to
observe the bbma action again, but this is not all you do. You also have to use 1hr 50ma cutting
5/10maLO zone if the zone is thick enough to observe the m15 movement as you did with H4 and h1.
Have a look at how the m15 Timeframe paints out basic bbma during the h1 zones in the snapshot
below.