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Daily Closures and MMXM's

The document explains the concept of swing points in trading, which are formed by three candles and are essential for identifying reversals. It details the conditions for valid candle closures and how higher timeframe swings relate to lower timeframe market maker models. Additionally, it provides guidelines for bullish and bearish swing points and includes links to social media for further engagement.

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binobas764
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26 views9 pages

Daily Closures and MMXM's

The document explains the concept of swing points in trading, which are formed by three candles and are essential for identifying reversals. It details the conditions for valid candle closures and how higher timeframe swings relate to lower timeframe market maker models. Additionally, it provides guidelines for bullish and bearish swing points and includes links to social media for further engagement.

Uploaded by

binobas764
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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DAILY CLOSURES

AND MMXM’S

Eleven_Trades
Daily Closures

Eleven_Trades
Introduction to the Swing Point:

Swing points are formed by three candles: a middle candle with one Candle on each side.
A Reversal Cannot Form Without A Swing Point.

Bullish Swing Bearish Swing Not a Swing

Eleven_Trades
Candle Closures:

Candle closures form a 3-candle pattern at key levels

Candle 1: Pre-reversal candle.


Candle 2: Reversal candle.
Candle 3: Post-reversal or expansion candle.

Conditions for the Closures:


1. Candle 2 must close inside the range of Candle 1.
2. Confirm the reversal on the aligned timeframe using tools like CISD or MSS.
3. Candle 3 (Expansion Candle) must respect the 50% range or wick of Candle 2 for confirmation.

Eleven_Trades
1 3
1 1 3

2 2 2 50%

Valid closure, inside the range

1 3

2
1 3
MSS
2

1 CISD
1: Pre-reversal Candle 50%

2: Reversal Candle
2
3: Expansion Candle
if the Body is Small it Must
respect the 50% of the Body.
Invalid closure, not inside the Confirmed Reversal On if the Wick is Large then it must
range the Aligned Timeframe respect 50% of the wick
Eleven_Trades
Higher Timeframe Swings Are LTF Market Maker Models:
Each swing point on a Higher Timeframe can be seen as a Market Maker Model on the Lower Timeframe.

Timeframe Alignment:
1. Weekly Candle Closure
Use 4H confirmation for M15 entries.
2. Daily Candle Closure
Use 1H confirmation for M5 entries.
3. 4H Candle Closure
Use M15 confirmation for 1M entries.

Bullish Swing Point:


Candle 1 or Pre-reversal Candle is Sellside of the Curve.
Candle 2 or reversal Candle is SMR.
Candle 3 or Expansion Candle is Buyside of the Curve.

Bearish Swing Point:


Candle 1 or Pre-reversal Candle is Buyside of the Curve.
Candle 2 or reversal Candle is SMR.
Candle 3 or Expansion Candle is Sellside of the Curve. Eleven_Trades
Market Maker Buy Model:

1 2 3

1 3

1: Sellside of the curve.


2: SMR.
3: Buyside of the curve.
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Market Maker Sell Model:
1 2 3

1 3

1: Buyside of the curve.


2: SMR.
3: Sellside of the curve. 3
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Socials:

https://discord.com/invite/dYDbCX5QaV

https://x.com/Eleven_trades

https://www.youtube.com/@Eleven_trades

Eleven_Trades

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