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HTF Analyst Trading Steps Guide

The document outlines the steps an HTF analyst should take which include: 1. Analyzing the market structure by identifying intermediate and short term highs and lows to determine where price is likely to be respected. 2. Examining order flow to identify invalidation levels and determine if the market is moving from a premium to a discount or vice versa. 3. Studying individual candlesticks to predict the next candle's behavior based on whether it respects or disrespects price levels. 4. Developing a personal routine involving self-statements about the current order flow and market direction. 5. Keeping a journal of pre-market analysis, market reviews, and trade

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Krishna Gurung
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2K views2 pages

HTF Analyst Trading Steps Guide

The document outlines the steps an HTF analyst should take which include: 1. Analyzing the market structure by identifying intermediate and short term highs and lows to determine where price is likely to be respected. 2. Examining order flow to identify invalidation levels and determine if the market is moving from a premium to a discount or vice versa. 3. Studying individual candlesticks to predict the next candle's behavior based on whether it respects or disrespects price levels. 4. Developing a personal routine involving self-statements about the current order flow and market direction. 5. Keeping a journal of pre-market analysis, market reviews, and trade

Uploaded by

Krishna Gurung
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
  • Market Structure: Explains the different market structures such as Intermediate and Short Term Ranges, and their importance in trading analysis.
  • Candle Science: Details understanding of candle patterns and their implications in determining the ideal time to trade.
  • Order Flow: Describes the concept of order flow, how to identify invalidation levels, and the importance of price action in trades.
  • Routine: Covers how to establish and maintain personal trading routines to optimize trading practices.
  • Deep Work Sessions: Guides on conducting deep work sessions to enhance focus and effectiveness in trading activities.
  • NEP, CPI, FOMC Exercise: Discusses exercises for interpreting key financial events like NEP, CPI, and FOMC, and how to incorporate them into trading strategies.
  • Journal: Encourages maintaining a trading journal, including pre and post-market analysis, for tracking trading performance.

HTF Analyst Steps

1. Market Structure:

• ITH/ITL (Intermediate Term High/ Intermediate Term Low)


• STH/STL (Short Term High/ Short Term Low)
• When are Short Term Ranges likely to get respected?
• When are Intermediate Term Ranges likely to get respected?
• Where should you draw your Dealing Range (P/D levels)?
• Case Study: Find examples of ITH/ITL and STH/STL

2. Order Flow:

• If we’re going higher, where will we likely go higher from?


• Invalidation Levels.
• PDA to PDA.
• Entry Time Frame has to be in context of Time Frame ABOVE.
• Order Flow is nearby Price Action on the respective Time Frame.

• What is Order Flow? (1st line of Defense)


• Where would Order Flow gets invalidated? (Last line of Defense)
• What are the Early Signs of Order Flow getting Invalidated?
• How are we moving from HTF Premium to HTF Discount and Vice Versa?

3. Candle Science:

• Focus on the next candle. Always.


• Failure to Displace: If the candle fails to close above or below then we can
predict the next candle.
• Respecting (Wicking), Disrespecting (Body Close)
• If it Respects then what can we expect for the Next Candle?
• If it Disrespects then what can we expect for the Next Candle?
• Does Disrespecting mean that we switch Bias instantly?

4. Routine:

• Your own Unique routine (Individual Routine Patterns)


• Simple sentences you tell yourself

- What is the current Order Flow?


- Are we going Higher to go Lower or going Lower to go Higher?
- If we’re going Higher or Lower, where will we likely go Higher or
Lower from?
5. Journal:

• Pre and Post Market Analysis.


• Market Reviews.
• Journal Before, During and After the Trade.

6. NFP, CPI, FOMC Exercise:

• Low Probability Conditions: We do not Execute on this day!


• Live Tape Reading (Major Pairs XXX/USD)
• Forward testing by following the step to get to a HTF DOL.
• Forecasting and Journaling the moves once the High Impact News drop and
What you Expected to happen?
• Journal what happened?

7. Deep Work Sessions:

• Open a chart.
• Follow your steps on how to get to a HTF DOL.
• Study how each next candle is forming in hindsight.
• Use replay tool (optional).

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