PipSniper

[Luke Rudkowski @Lukewearechange]

Convince me otherwise

[PipSniper @LightBeing222]

@TraderDune im gonna buy that 4D double tho. then sell everything on the HTF third drive when everyone is top blasting.

[Trader Dune @TraderDune]

SAYLOR: “You are my company’s exit liquidity, not the other way around.”

[PipSniper @LightBeing222]

@Partron_ @JeetTendencies @Andylov123 @25YearsAgoLive he chosed his destiny. he lived with purpose. he died when he finished his job on this plane of existence.

[PipSniper @LightBeing222]

@mr_abundance_ i got a 15th for stocks as well....

[PipSniper @LightBeing222]

@MariusSm1th love it

[PipSniper @LightBeing222]

@ElFoul8444 hey there

[PipSniper @LightBeing222]

@AlpacaAurelius both are expressions of masculinity. gengis khan is laughing right now.

[ㄥ86 @L86_618]

In 128 days, buy $BTC and forget for 2-3 years.

Your future self will thank you.

[PipSniper @LightBeing222]

@satinvictus 74.8k Is my daily market structure lvl.🤝

[PipSniper @LightBeing222]

@Trader_Vantage Matter of fact, this Is not the First time i read your post. BUT the First time, i wasn't ready to digest the info, cause i wanted to take Action no matter what. Now i fully get It, and i can say It form personal experience too. Sometimes we just have to learn with pain.

[PipSniper @LightBeing222]

The value of this post Is immesurable. Many will spend months trying hard to further refine their entries, while still ignoring the fundamentals (Market Structure and Supply/Demand being the pillars of profitable entries!) I was so lost just few weeks ago because It seemed nothing was working, until i found out more than half of my entries were Taken on BB's not aligned with S/D.

[Vantage @Trader_Vantage]

🚨Educational Post

What Are BBs and Do They Really Work? If So, Why Do Most Traders Lose Money with Them?

I will say this right off the bat: if you trade solely using BBs, I am afraid you are not going to get very far in trading. However, before I am misunderstood, please read the entire post.

Before I dive deeply into the theory behind them, I must admit that I only use BBs and OBs to refine my entries. Those who know me and my trading style are aware that I do not use them to identify trades. I am primarily a S&D and S/R trader, with my approach revolving most heavily around MS, followed by S&D and liquidity considerations, including OBs and BBs. Personally, I rely on OBs more than BBs, and I have discussed this in several posts with examples.

Now, let's begin with what BBs are. I am sure most of you already know what they look like, but what are they really?

A BB is a failed OB that has been invalidated by price breaking through it, causing a BOS or MSS — whatever term you prefer.

When price decisively breaks and closes beyond an OB (often after sweeping liquidity, such as SLs), that zone "flips" and becomes a BB, now acting in the opposite role (for example, a failed bullish OB becomes a bearish BB acting as resistance). Look at the example in the chart below.

👉Now a big question - If BBs work all the time, then should not all traders be profitable?

You see people getting stopped out more often than not because their "BB" did not hold, and then they ask themselves why the BB did not work. First, a BB is not the holy grail of trading. Without understanding the basics of MS and S&D, they have no relevance or significance, which is precisely why some BBs work and most do not — they fail to align with key levels like S/R or S&D, or they lack structural importance.

Consider a scenario where a failed OB (now a BB) did not create any BOS and is simply sitting in an area that does not align with key levels. Obviously, that BB has no importance whatsoever and is not going to work. OBs generally need to align with key levels to be effective and to function properly.

👉Look at these two 15-minute BBs.

The top one did not hold (price sliced through it — look to your right), so those who were going long on it probably got stopped out, despite the BB having structural importance, except that it was a very tiny-bodied BB.

The second one provided a tiny reaction but did nothing, eventually breaking the structure bullishly and stopping out the shorts if you were shorting and longing both BBs.

Notice how price went for the OB, though? Learn how to use extreme discount and extreme supply. OBs work great, and you can even refine BBs into OBs or OBs into BBs. This OB created the iBOS and a BOS out of the range with imbalances and hence had more significance.

👉Another example on Gold:

Price broke the structure to the downside, leaving the m15 BB, and now you might have entered thinking you would get a 3-4R trade, but the price did not hold, and you would have gotten stopped out.

If we are left wondering why it did not work, let me explain — it boils down mainly to MS and local S/R levels. On the m15 TF, the swing low was still intact, and until we break below that, the MS remains bullish. So that BB has no relevance whatsoever given the MS.

Now, that same BB acted as a support level (turned into a bullish BB), and price took off from it on the m30 TF because the MS is bullish. Also notice how price broke structure bullishly following the bounce and even gave another tiny bounce upon the retest before breaking through the level finally. Despite it being a m15 BB, it produced such a strong reaction because you were entering a long position in alignment with the prevailing MS. Additionally, price had reached the range demand zone, which also coincided with a local S/R level within the range — precisely where this BB was located. 🙃

👉Another example on BTC: (Check the chart in the post below as i can only post 4 images).

Two 15-minute BBs.

The first one did not work, and the second one is providing a tiny reaction, having already been used as a bullish BB before (check the bullish wick reaction at the top). We know in crypto that you cannot use LTF liquidity levels twice, so why are we even seeing a reaction? Because if you notice, these BBs are aligning with the local S/R level.

Someone might be trading both BBs, and that is what I have seen even from traders with large followings —they have five BBs in a single range. How do you know which one will work and which one will not?

Now ask yourself: do you not think it makes your life much easier if these OBs/BBs align with some key levels where price has traditionally reacted, or if they have created fresh S&D where you can then look for these OBs/BBs (only for refinement)?

Personally, I think people are just too lazy to learn MS and S&D (even MT has mentioned a few times and have said how underrated these basic concepts are) concepts and believe BBs are quick and easy. Yes, they might work for you in the meantime, but when you start trading in other financial assets, you suddenly realise the importance of MS and S&D, which make up 95% of trading for me personally.

Did i start with BBs as well? Admittedly yes, (you can see from my older charts) but i soon realised im losing cause i ain't using MS & S&D and hence no matter how many BBs i take, im never going to be on the right side of the market and buy or sell from important Supply & Demand levels that have actually created a shift in MS and not from any random points.

Just so you know, MS is what creates S&D zones (Yes, you read that right) . I will leave you with that thought.

Now you understand the importance of mastering MS and S&D before jumping straight into BBs?. It has been a long time since I last entered a trade based solely on a BB. My entries are almost always based on OBs that are at extreme discount or extreme premium, and which are sitting at key S&D or support/resistance levels created by the current market structure shift.

You may have noticed how I use LTF or even Micro TF to capture HTF swings, and as a result, I often receive comments or DMs asking about my entry confirmation or how I manage to catch the pico tops and bottoms on my scalps - the answer is MS and S&D (refined).

[PipSniper @LightBeing222]

Rest got stopped in slight profit. #NQ did a shallower pullback, so the Entry there would still be Active. You never know which One Is going to do the SMT Divergence, market just doing market things 🤧😆

[PipSniper @LightBeing222]

Took a long on #SP500 today, basically a weekly low sweep setup, with some juice below... sorry for messy chart, will get cleaner with time.

[Vantage @Trader_Vantage]

🚨Educational Post

What Are BBs and Do They Really Work? If So, Why Do Most Traders Lose Money with Them?

I will say this right off the bat: if you trade solely using BBs, I am afraid you are not going to get very far in trading. However, before I am misunderstood, please read the entire post.

Before I dive deeply into the theory behind them, I must admit that I only use BBs and OBs to refine my entries. Those who know me and my trading style are aware that I do not use them to identify trades. I am primarily a S&D and S/R trader, with my approach revolving most heavily around MS, followed by S&D and liquidity considerations, including OBs and BBs. Personally, I rely on OBs more than BBs, and I have discussed this in several posts with examples.

Now, let's begin with what BBs are. I am sure most of you already know what they look like, but what are they really?

A BB is a failed OB that has been invalidated by price breaking through it, causing a BOS or MSS — whatever term you prefer.

When price decisively breaks and closes beyond an OB (often after sweeping liquidity, such as SLs), that zone "flips" and becomes a BB, now acting in the opposite role (for example, a failed bullish OB becomes a bearish BB acting as resistance). Look at the example in the chart below.

👉Now a big question - If BBs work all the time, then should not all traders be profitable?

You see people getting stopped out more often than not because their "BB" did not hold, and then they ask themselves why the BB did not work. First, a BB is not the holy grail of trading. Without understanding the basics of MS and S&D, they have no relevance or significance, which is precisely why some BBs work and most do not — they fail to align with key levels like S/R or S&D, or they lack structural importance.

Consider a scenario where a failed OB (now a BB) did not create any BOS and is simply sitting in an area that does not align with key levels. Obviously, that BB has no importance whatsoever and is not going to work. OBs generally need to align with key levels to be effective and to function properly.

👉Look at these two 15-minute BBs.

The top one did not hold (price sliced through it — look to your right), so those who were going long on it probably got stopped out, despite the BB having structural importance, except that it was a very tiny-bodied BB.

The second one provided a tiny reaction but did nothing, eventually breaking the structure bullishly and stopping out the shorts if you were shorting and longing both BBs.

Notice how price went for the OB, though? Learn how to use extreme discount and extreme supply. OBs work great, and you can even refine BBs into OBs or OBs into BBs. This OB created the iBOS and a BOS out of the range with imbalances and hence had more significance.

👉Another example on Gold:

Price broke the structure to the downside, leaving the m15 BB, and now you might have entered thinking you would get a 3-4R trade, but the price did not hold, and you would have gotten stopped out.

If we are left wondering why it did not work, let me explain — it boils down mainly to MS and local S/R levels. On the m15 TF, the swing low was still intact, and until we break below that, the MS remains bullish. So that BB has no relevance whatsoever given the MS.

Now, that same BB acted as a support level (turned into a bullish BB), and price took off from it on the m30 TF because the MS is bullish. Also notice how price broke structure bullishly following the bounce and even gave another tiny bounce upon the retest before breaking through the level finally. Despite it being a m15 BB, it produced such a strong reaction because you were entering a long position in alignment with the prevailing MS. Additionally, price had reached the range demand zone, which also coincided with a local S/R level within the range — precisely where this BB was located. 🙃

👉Another example on BTC: (Check the chart in the post below as i can only post 4 images).

Two 15-minute BBs.

The first one did not work, and the second one is providing a tiny reaction, having already been used as a bullish BB before (check the bullish wick reaction at the top). We know in crypto that you cannot use LTF liquidity levels twice, so why are we even seeing a reaction? Because if you notice, these BBs are aligning with the local S/R level.

Someone might be trading both BBs, and that is what I have seen even from traders with large followings —they have five BBs in a single range. How do you know which one will work and which one will not?

Now ask yourself: do you not think it makes your life much easier if these OBs/BBs align with some key levels where price has traditionally reacted, or if they have created fresh S&D where you can then look for these OBs/BBs (only for refinement)?

Personally, I think people are just too lazy to learn MS and S&D (even MT has mentioned a few times and have said how underrated these basic concepts are) concepts and believe BBs are quick and easy. Yes, they might work for you in the meantime, but when you start trading in other financial assets, you suddenly realise the importance of MS and S&D, which make up 95% of trading for me personally.

Did i start with BBs as well? Admittedly yes, (you can see from my older charts) but i soon realised im losing cause i ain't using MS & S&D and hence no matter how many BBs i take, im never going to be on the right side of the market and buy or sell from important Supply & Demand levels that have actually created a shift in MS and not from any random points.

Just so you know, MS is what creates S&D zones (Yes, you read that right) . I will leave you with that thought.

Now you understand the importance of mastering MS and S&D before jumping straight into BBs?. It has been a long time since I last entered a trade based solely on a BB. My entries are almost always based on OBs that are at extreme discount or extreme premium, and which are sitting at key S&D or support/resistance levels created by the current market structure shift.

You may have noticed how I use LTF or even Micro TF to capture HTF swings, and as a result, I often receive comments or DMs asking about my entry confirmation or how I manage to catch the pico tops and bottoms on my scalps - the answer is MS and S&D (refined).

[PipSniper @LightBeing222]

@akpips_ break even (and even stop trail) is a technical line in sand after price moves in desired direction. not a psychological move, even if many treat it this way. if your edge has a breakeven condition, you use it. if not, fine. also depends on trading style, timeframes etc...

[PipSniper @LightBeing222]

It took me awhile to actually realize how many low quality setups i played, simply to seek "action". Not doing, IS DOING. Imagine having an army, and going to battle without preparing the soldiers, or without supplies and ammo. This is what happens when a trader enters the market for the thrill. Don't waste capital, don't waste your soldiers. Prepare. High quality setups are everywhere, and when you apply the right filter, you also unlock more trades as you can explore different markets. But don't try to run before walking first. I'm still growing everyday, but that's my take on it.

[PipSniper @LightBeing222]

SL moved to 1R at the moment.

[PipSniper @LightBeing222]

Took a long on #SP500 today, basically a weekly low sweep setup, with some juice below... sorry for messy chart, will get cleaner with time.

[PipSniper @LightBeing222]

@fynnvestor Do It for your health. Insane to think there Is people drinking this stuff DAILY!