HTF Narrative

Question 1

Not a flashcard but important to remember that the HTF narrative is the key to everything that we do.

Answer 1

Good job

Question 2

How do we keep track of where price is likely to go?

Answer 2

We look at the HTF narrative, and we look at the HTF SO and OF

Question 3

How do we use the following TF's when doing our top-down analysis?
1D
4H
15M
1M
Seconds

Answer 3

1D: SO - (see if 4H is PT or CT)
4H: SO and OF - This is our main TF to determine our main EOF
15M: SO and OF - This is the TF that our trades will mostly be based on (POI’s and EOF)
1M: Entries and OF
Seconds: Entries

Question 4

What is most likely to happen if the 4H is bearish and the 15M is bullish? (Assuming we didn’t tap into any HTF POI)

Answer 4

The highest probability outcome is that the 15M will CHOCH and turn bearish to follow the 4H EOF and cause a new low.