(8) Setiap Signal BBMA Punya Tujuan! Ini Destinasi Momentum, CSAK, Extreme BBMA OMA ALLY
BBMA: Understanding Key Concepts for Entry and Exit
Introduction to BBMA
- The speaker introduces the seventh video in the BBMA series, emphasizing its importance for understanding trading strategies.
- Viewers are encouraged to pay close attention as this video will cover essential concepts that will be referenced in future videos.
Key Components of Trading Strategy
- The discussion begins with two main components: signals and setups. Signals include momentum and Csak.
- Setups consist of three types: reentry (RE), extreme (ext), and market hilang volume (MHV).
Understanding Signals and Setups
- The speaker explains that each signal and setup has specific purposes, such as identifying entry points based on market conditions.
- For example, a momentum buy indicates a target direction, which could be towards the top or bottom of Bollinger Bands (BB).
Time Frame Analysis in BBMA
- An overview of time frames used in BBMA is provided, highlighting their significance in analysis.
- The speaker mentions different time frames: monthly (M), weekly, daily, H4, H1, M15, M5, and M1.
Categorizing Time Frames
- Time frames are categorized into TF1 (primary analysis), TF2 (secondary analysis), and TF3 (tertiary analysis).
- Examples illustrate how to identify these time frames based on the primary frame chosen for analysis.
Practical Application of Time Frames
- The speaker emphasizes that using three time frames is sufficient for effective trading without overcomplicating the process.
- A clear hierarchy is established where higher time frames provide context for lower ones during analysis.
Momentum Signals Explained
- The focus shifts back to signals with an explanation of momentum buy and sell indicators.
Momentum Sell and Buy Strategies
Understanding Momentum in Trading
- The goal of a sell momentum is to reach the low Bollinger Band (BB) on the higher time frame, specifically referring to the lower time frame.
- When there is momentum, it aims for either the top or bottom BB of the respective time frames. It's essential to capture this visually through screenshots for better understanding.
- For instance, if a buy momentum occurs on H4, its target will be the top BB of the daily time frame. This indicates that price movements are directed towards specific targets.
- If a buy momentum happens on H4, it should ideally lead to reaching the daily top BB; however, whether it creates further momentum at that level is uncertain.
- If no further momentum is created at this point, it may result in a Market High Value (MHV), which will be discussed later.
Analyzing Euro USD Example
- In an example with Euro USD on H4, a continuous buy momentum was identified when candlesticks closed above the top BB.
- After reaching the daily top BB from H4's buy signal, another momentum was observed; this new target would then shift to the weekly top BB.
- The weekly analysis confirmed that price reached its target area near the weekly top BB. It’s important to note that these levels are dynamic rather than static.
- Achieving these targets signifies successful navigation through different time frames based on prior momentum signals.
- If weekly conditions do not create further upward movement, it could revert back into MHV territory.
Transitioning to Sell Momentum
- Moving onto sell examples within Euro USD on H4: here we observe a sell momentum aiming for low BB in higher time frames like daily.
- The analysis shows that this sell signal successfully reached its target at low BB in daily timeframe after originating from H4's sell signal.
- Overall understanding emphasizes that any given moment in trading has clear directional goals tied to upper or lower Bollinger Bands across various time frames.
Introduction to Cskak
Differentiating Between CSAK Buy and Sell
- Cskak strategies are divided into two categories: CSAK buy and CSAK sell; careful distinction between them is crucial for effective trading decisions.
- For CSAK sell strategies, targets are set at low BB without utilizing multi-time frame analysis—this contrasts with how momentum operates across multiple frames.
Practical Examples of Cskak
- A practical example illustrates how a candle closing above mid-BB and moving past all moving averages (MA5 and MA10), indicates potential upward movement towards high BB areas.
Understanding CSAK and Reentry in Trading
Overview of CSAK
- CSAK (Candle Sell Area Key) is a trading strategy aimed at reaching the low Bollinger Band (BB). The success of this strategy depends on whether it can create momentum.
- When a CSAK occurs, it typically leads to movement towards either the top or low BB, indicating a consistent pattern in market behavior.
- A "missing chapter" refers to instances where a CSAK forms but does not reach its intended target, demonstrating market unpredictability.
- An example illustrates that even if a candle shows potential for upward movement, it may not always reach the top BB before reversing direction.
- The dynamic nature of BB means that targets are not static; they change continuously based on market conditions.
Momentum and Its Role
- Momentum plays a crucial role in determining the success of both CSAK and reentry strategies. Understanding how these concepts interlink is essential for effective trading.
Introduction to Reentry Strategies
- Reentry is highlighted as one of the most important setups within PBMA (Price Behavior Market Analysis), with two types: buy and sell reentries.
- Both reentry types aim for similar destinations: buy reentries target the top BB while sell reentries focus on the low BB.
Examples of Reentry
- A successful example of a buy reentry after momentum indicates that traders should look for confirmation before entering trades targeting the top BB.
- Multiple examples show various scenarios where reentries successfully lead to their respective targets, reinforcing their reliability when executed correctly.
Understanding Extremes and MHV
- After discussing reentries, attention shifts to extremes. An extreme situation arises when MA5 crosses certain thresholds, leading to mandatory take-profit (TP).
- TP levels are defined by MA5 and MA10 indicators. For instance, an extreme buy occurs when MA5 exits from below the low BB aiming for TP at higher levels.
Understanding MHV and Its Implications
Key Concepts of BB and MHV
- BB as Extreme Sell: The discussion begins with the concept of "BB" indicating an extreme sell situation, aiming towards a mandatory target area (TP wajib), specifically around MA5 and MA10 levels.
- MHV Definition: When the price fails to break through certain levels, it is referred to as "MHV" (Momentum High Value). This indicates potential upward movement after failing to penetrate resistance.
- MidB Targeting: Both MHV sell and buy aim for the midB area. If candles cannot breach stop BB or low BB, they are likely to move towards mid BB.
Analyzing Time Frames and Candlestick Patterns
- Time Frame Adjustments: The speaker suggests changing time frames (e.g., using M15) to illustrate that these concepts apply across various time frames.
- Identifying MHV Buy: An MHV buy occurs when no candlestick breaks below low BB. This indicates a bullish momentum targeting mid BBB.
Candle Behavior and Market Movements
- Candle Reactions: Observations on candle behavior show that if a candle does not break low BB, it will rise towards mid BB before potentially reversing again.
- Further Analysis of MHV: The analysis continues with examples where candles fail to break key levels, reinforcing the idea that they will revert back toward their targets like low or mid BB areas.
CSAK Formation Insights
- CSAK Buy Formation: A CSAK buy formation leads prices toward top BB. However, if momentum fails at this level, it transitions into an MHV scenario again targeting mid B.