(12) Cara Entry di MHV dengan BBMA OA | Entry Paling Kuat? BBMA Ep.13
Introduction to BBMA Series
Overview of the Video Series
- The speaker introduces the 12th video in the BBMA series, aimed at beginners.
- For advanced learners, a separate playlist is available for more complex topics.
- Emphasizes the importance of understanding trading concepts thoroughly before attempting to profit.
Importance of Knowledge in Trading
- The speaker highlights that having knowledge is crucial for achieving significant profits in trading.
- Mentions that this video will focus on entry strategies specifically related to MHV (Market Hilang Volume).
Understanding Entry Strategies
Previous Discussions on Entry Methods
- Recaps previous videos discussing various entry methods, including setup reentry and complete structure of PBMA.
- Clarifies the distinction between signals and setups; only setups should be used for entries.
Types of Setups
- Signals are categorized into momentum and CSAK, which have been previously discussed.
- Stresses that missing any part of the learning process can lead to gaps in understanding market behavior.
Focus on MHV: Market Hilang Volume
Definition and Characteristics
- Introduces MHV as a critical concept but advises against entering trades based solely on it due to its complexity.
- Describes MHV as situations where candlesticks fail to close above or below certain levels, indicating lost volume.
Conditions for Validity
- Explains that MHV is often valid when it follows a reentry pattern; emphasizes careful analysis before making trades.
Practical Example of MHV
Analyzing Candlestick Patterns
- Illustrates how an uptrend with specific candlestick formations can indicate potential MHV scenarios.
Entry Points and Objectives
Understanding Market Dynamics and MHV
Key Concepts of Momentum Buy and Reentry
- The speaker discusses the concept of a momentum buy occurring in a specific area, followed by a reentry point. This highlights the importance of recognizing market patterns.
- After the reentry, there is an observed failure to break through the stop BB (Bollinger Bands), indicating that market momentum has diminished, leading to what is termed as "Market Hilang Volume" (MHV).
- The speaker emphasizes that knowledge about MHV is crucial for traders, particularly in understanding candle formations like reverse candles and retests.
Candle Patterns: Reverse and Retest
- A red candle signifies a reversal; this pattern must be identified before entering trades based on MHV or extremes.
- For sell positions, a green candlestick following consecutive red candles indicates a potential entry point after confirming the reversal.
- The closing position of the red candle below certain levels serves as an entry signal for traders looking to capitalize on MHV.
Validating MHV Entries
- An effective strategy involves waiting for confirmation from candle reversals before entering trades aimed at mid BB targets.
- The speaker notes that valid MHV setups often occur when price action breaks through significant highs or lows, enhancing reliability in trading decisions.
Risks Associated with Trading Strategies
- Caution is advised when trading against strong trends; counter-trend strategies can be risky if not validated properly.
- Emphasis on focusing on reentries or extremes rather than attempting to trade every potential setup due to inherent risks involved.
Understanding Extremes vs. MHV
- Clarification between extreme points and MHV; true MHV typically follows reentries where previous momentum fails to continue.
Understanding Market Volume and Entry Strategies
Candle Reversal and Entry Points
- The discussion begins with identifying a candle reversal, specifically a green candle that closes in a certain area, indicating an entry point for buying.
- The suggested take profit (TP) level is at the mid-point of the Bollinger Bands (PB), while the stop loss (SL) should be set based on new momentum formation.
Market Volume Dynamics
- The term "Market Hilang Volume" (MHV) refers to a situation where market volume diminishes, making it unable to break through specific levels like the low of the Bollinger Band.
- MHV is invalidated when a candlestick closes below the low of the Bollinger Band, indicating that volume has returned.
Momentum and Reentry Concepts
- A valid MHV often follows a reentry after momentum formation; if it fails to break through key levels, it suggests potential price movement.
- If there’s another momentum formation post-reentry without breaking previous highs or lows, this indicates that MHV may not hold.
Characteristics of Valid MHV
- An effective MHV scenario occurs when Bollinger Bands are flat; this stability increases reliability in trading signals.
- Caution is advised with MHV setups when bands are expanding; traders should look for flat bands for better risk management.
Trading Strategy Insights
- A modified approach suggests that while flat bands are ideal for both extreme entries and MHVs, they do not have to be strictly horizontal according to general rules.
- Observing whether prices can breach lower Bollinger Bands helps determine if an MHV setup is valid or if it's merely noise in market activity.
Conclusion on Market Behavior
- The speaker emphasizes recognizing patterns following momentum and reentries as crucial indicators for successful trades.