(5) Belajar MHV: Market Hilang Volume dalam BBMA Lengkap! BBMA OMA ALLY
Introduction to BBMA for Beginners
Overview of the Video Series
- The speaker introduces the fifth episode of the BBMA series, aimed specifically at beginners.
- For those wanting a quicker understanding, viewers are directed to Level 1 of the playlist, which includes Levels 2 and 3.
- Mastering these levels is suggested as sufficient for becoming profitable in BBMA trading.
Importance of Previous Videos
- Viewers are encouraged to watch episodes 1 through 4 before proceeding, emphasizing their importance in building foundational knowledge.
- If time is an issue, viewers can speed up playback on YouTube to grasp concepts more quickly.
Profitability and Trading Insights
Personal Trading Experience
- The speaker shares recent profits of $8,000 and $10,000 from trading but acknowledges losses of around $1,700 as part of the process.
- Emphasizes that consistent wins can offset losses and lead to overall profitability.
Understanding MHV (Market Hilang Volume)
Key Concepts in BBMA
- Introduction to MHV as a critical setup within BBMA; it signifies when market volume diminishes.
- Differentiates between signals (momentum and CSAK) and setups (reentry, extreme), with MHV being a specific type of setup.
Setup Details
- MHV occurs when the market fails to break through either the top or bottom Bollinger Bands (BB).
- The speaker explains that successful entries at MHV can lead to significant price movementsāboth upward and downward.
Analyzing MHV Buy Signals
Identifying Candlestick Patterns
- Defines MHV buy as a situation where candlesticks do not breach the low Bollinger Band.
- Illustrates how candle closes above or below certain thresholds indicate momentum shifts; this is crucial for identifying potential reentries.
Market Hilang Volume (MHV) Explained
Understanding MHV
- MHV, or Market Hilang Volume, refers to a situation where the market has lost its volume and is unable to continue its downward trend. This typically indicates a potential upward movement towards the mid Bollinger Band (BBB).
Entry Considerations
- The speaker personally avoids entering trades at MHV due to the high risk involved. They emphasize that trading in this scenario can lead to frequent losses if not managed properly.
- Despite having experience with BBMA, the speaker rarely enters at MHV, using it primarily as a signal rather than an entry point.
Identifying Sell Signals
- An example of MHV sell occurs when a candlestick fails to break through the top Bollinger Band (BB). This indicates that the market may be losing strength.
- A green candle closing above certain levels is crucial; if it closes within the BB, it is considered MHV. If it closes above, it signals momentum.
Market Behavior and Trends
- The relationship between top and low BB serves as a separator for trends. If prices cannot breach these levels, they will oscillate between them until a breakout occurs.
- When candles successfully penetrate either low or top BB, this creates momentum which can lead to further price movements.
Trading Strategy During Sideways Markets
- The speaker advises against entering during sideways markets (marketway), where prices fluctuate without clear direction. This environment increases risk for traders.
- Emphasizing patience, they suggest that sometimes doing nothing can be an effective strategy in tradingāpreserving capital until clearer setups arise.
Importance of Timing and Setup
- Waiting for optimal setups like reentry points combined with mid BB offers better opportunities for significant trades rather than forcing entries in uncertain conditions.
Understanding MHV and Trading Strategies
Entry Points in Trading
- The speaker discusses the advantages of entering trades at specific points, emphasizing that a well-timed entry can yield significant profits.
- The preferred trading strategy is reentry due to the larger capital involved, with the speaker risking over $1,000 per trade.
- Acknowledges that even strong setups can fail; thus, patience is crucial when considering entry points.
Key Concepts of MHV
- Defines MHV (Market High Volume), highlighting its importance when price fails to break below the lower Bollinger Band (BB).
- Describes ideal conditions for MHV: a wick breaking out of BB followed by a price increase indicates strong market rejection.
Analyzing Market Movements
- Discusses how multiple formations of MHV indicate market behavior; if prices cannot close above or below BB levels, it signals potential reversals.
- Explains momentum as a critical factor for entry; closing below the low BB signifies readiness for action.
Setup and Reentry Areas
- Identifies reentry areas around moving averages (MA5 and MA10), suggesting these are optimal points for traders to consider entering positions.
- Emphasizes understanding all necessary terms related to BBMA (Bollinger Bands Moving Average), which are essential for effective trading strategies.
Learning and Application
- Encourages viewers to familiarize themselves with key concepts like signals, setups, and momentum to enhance their trading skills.