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MMXM - Neok

This document discusses using the MMXM trading strategy and provides examples. It explains that the strategy looks for a MMSM pattern on EURUSD and a corresponding MMBM pattern on DXY. Examples are given of trades taken following the strategy's rules: entering in the third phase, invalidating above the second phase, and looking for confluence. A specific short trade example on EURUSD is analyzed, noting it would have been stopped out by following the system properly.

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Dawid Dawid
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837 views7 pages

MMXM - Neok

This document discusses using the MMXM trading strategy and provides examples. It explains that the strategy looks for a MMSM pattern on EURUSD and a corresponding MMBM pattern on DXY. Examples are given of trades taken following the strategy's rules: entering in the third phase, invalidating above the second phase, and looking for confluence. A specific short trade example on EURUSD is analyzed, noting it would have been stopped out by following the system properly.

Uploaded by

Dawid Dawid
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
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ICT’s MMXM

Explaining how and why I use this concept in my trading


strategy, with examples of trades I have taken.

I like to trade EURUSD & chart DXY for confluence, so when I


see a MMSM on EURUSD, Im also expecting / trying to find a
MMBM on DXY

Sharing examples of trades I have taken using this model.


S/O the the creator of this, don’t know who it is but I always use this one

Some steps I always take when I take setups with this model.

1. HTF liquidity is taken.

2. Entry in 3rd phase, Re-Distribution or Re-Accumulation

3. Invalidation above 2nd phase, Distribution or Accumlation

4. Always look for confluence ( SMT, BPR, AMD etc.)

Let’s show some examples below.


SHORT SETUP EXAMPLE
MMSM – EURUSD
M5 TIMEFRAME
SHORT SETUP EXAMPLE
MMSM – EURUSD
M1 TIMEFRAME
SHORT SETUP EXAMPLE
MMSM – EURUSD
M5 TIMEFRAME
SHORT SETUP EXAMPLE
MMSM – EURUSD
M5 TIMEFRAME

Perfect example of why my invalidation is always above the


2nd phase, distribution as mentioned.
Would have been stopped in this trade with the right bias &
plan, but wrong execution.
Follow your system, always.
If you like my content, you can support me by using these links below.

My discord where I share all my trades :


https://discord.gg/vuMJzksEcK

PrimeXBT link with deposit bonuses & fees discounts :


Promocode : NEOK & NEOK25
http://u.primexbt.com/neoktrades

My only twitter accounts :


NEOK (@neoktrades) / Twitter
247 (@AREA247_) / Twitter

Likes & RT’s appreciated, hope you enjoyed it

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