ZulTheTrader HTF - Intraday Notes

[Not For Sale]

For this backtest notes I will share how to find Intraday entries from HTF analysis.

The Setup

I use this for entries and lookout for confirmation on HTF.

Weekly

We mark the Weekly key levels before the new week and look on overall
direction. From here we see weekly has broken 2 lows which tells us that overall
direction is bearish, so we take note.
Daily

On Daily we see support was created but no BOS of previous high is seen. Until old
highs are taken, then we can see that the bias on daily is bullish. For now we will
stick to bearish.
4-Hour

On H4 we have SNR zones that we can take note and lookout for reactions on LTF.
1-Hour

On H1 when the day started, price tested the H4 Resistance Zones and broke a
previous support. This tells us that sellers are still strong and we can start to look
for sell setup.
15-Minute

On M15 we can see that price has broken the lows during Europe session and price
tapped into our POI during London session. Although the line chart shows us that
we broke Asian highs but the previous day price is still respected. For this example
and future examples I will only take 50pips as my target for Intraday, although
Gold movement can be higher but as an Intraday Trader we do not want to hold
long trades.
Daily

Now on the Daily we have a Resistance base on previous day closed. But no
structure is broken so price is still considered in a consolidation phase. Until this 2
new key level is broken we have a clearer direction. Base on Weekly sells are
safer, on LTF it is still forming.
4-Hour

Here we have buy and sell zones we can lookout for Intraday trades. Now we have
buy and sell poi. Let’s see on LTF how price react to the poi near key level.
1-Hour

On H1 we both buy poi had reaction but only the lower one had a better
movement. On H1 we can see the Orange Circle had BOS of a low and price
continued lower.
15-Minute

On the top poi we can see 2 new lows broken which tells us sellers are still
controlling the market[See Line Chart]. Should we have a trade there we should
exit. During Europe session price went lower to the second POI and reverse during
London session. If we have an entry there, after 2 new high is broken. We can hold
the trade to breakeven and let it run.
Daily

Daily new support created after previous day close. Now price is near new
resistance. It can break or continue in-line with HTF sell. Lookout for H4 key levels
to mark POIs.
4-Hour

We have 2 key resistance that made a clear BOS. From here we will mark the 2
highs as our POI. Either one should give a reaction on LTF.
1-Hour

On H1 we adjust the zone base on which highs made a clear BOS and adjust the
closing prices of highest buy candles to the highest wick. We have 1 POI on H4 and
refined to 2 POIs in H1.
15-Minute

M15 both POIs were respected. The best reaction/confirmation was when price
moved up during New York session and M15 issued the first rejection. After the
first rejection candle, we can enter on the second open candle with SL above the
highs of the 2 POIs.
Daily

Previous Daily candle has closed below previous low. Now we can mark new lower
high as Daily Resistance. Adding to the chart new target levels below for daily to
reach. These are some key levels we can take note o .
4-Hour

H4 we can take the Support that broke Resistance in the past as our POI. This was
a valid zone to enter a buy as at that point of time Buyers was strong.
Unfortunately the sellers managed to break and price may come back into that
zone to continue lower after HTF BOS.
1-Hour

On H1 inside the H4 POI we marked. We can also see a previous H1 Support that
managed to break Resistance. This also tells us that was a key level that price had
interaction of Buyers and Sellers. So on CMP after the drop down there are
multiple BOS of the new lows. Take the new highest high as our Resistance for H1
and that new high also tested the previous Support that was broken.
15-Minute

M15 we see a Resistance that manages to break Support. We can mark that high
and the previous high as our POI. So during London when price came back we see
rejection at that area. As the HTF and previous day closes as a confirmed direction
to sell. We are only looking to sell. With that we have a reaction going lower.
Daily

After a new day has ended, we can see price rejected an old support. What makes
the support strong? At that point of time buyers managed to take out sellers. From
here onwards we may look for shor tterm buys or wait for confirmation but taking
note of the most recent CMP which is sells based on HTF direction.
4-Hour

H4 we have a Support that managed to break Resistance but was taken out by the
sellers. So we can mark that zone as our POI. We have 2 lows there so we will make
it into 1 zone as either one should give a reaction and we mark the lowest wick of
the 2 lows as our POI as well.
1-Hour

H1 to refine the zone further, we take the area where Support break Resistance
and was broken lower.
15-Minute

M15 when price came back into the zone somewhere in Euro-London session. We
can enter or wait for M15 rejection before we enter. Next we want to see new lows
broken to hold the trade.
Ok I will end the notes here as I’ve shared quite a number of examples, thou I
wanted to do more but due to some personal commitments I am unable to.

So some key things to take note of for Intraday/Short-Term:

1. HTF analysis is a must
2. H4 POI in-line with Daily/Weekly key levels
3. After a new BOS wait for Daily to form at the very least
4. Mark failed Support/Resistance that was not able to continue
5. Mark SNR that are obvious, not the ones without confirmation
6. Be sure that it in-lines with Daily movement
7. Adjust the POI on H1 only after H4 has a clear structure
8. Do not enter during asian but wait to see how price comes back to key
levels or POI
9. Wait for rejection/confirmation on M15 before deciding a trade
10. Last but not least, close profit once you’re satisfied or safest take 1:1 / 1:2 RR

This ends my backtest notes. Hope it helps any traders out there and hope to hear your name.
See you on the charts, Peace Zul signing o .

ZulTheTrader