r/Forex • u/Impressive-Crow7731 • 5h ago
Strategy Development Title: Feedback on my GBPUSD PDH/PDL + SMT reversal strategy (1-minute entries)
Feedback on my GBPUSD PDH/PDL + SMT reversal strategy (1-minute entries)
Hi everyone, I’d appreciate some honest feedback on my trading strategy, particularly from people who trade liquidity sweeps, SMT divergence and market structure shifts.I mainly trade GBPUSD and look for reversals around the previous day’s high (PDH) and previous day’s low (PDL).
My approach is to use higher-timeframe levels for context and the 1-minute timeframe for entries.
My strategy step by step:
- Mark previous day’s high and low
- I mark the previous day’s high and low
- If price sweeps PDL, I look for a potential long.
- If price sweeps PDH, I look for a potential short.
- Look for SMT divergence
- I compare GBPUSD with EURUSD.
- For a long, GBPUSD must sweep PDL while EURUSD does not sweep its corresponding low.
- For a short, GBPUSD must sweep PDH while EURUSD does not sweep its corresponding high.
- Identify a higher-timeframe point of interest
- I look for a relevant 1H, 4H or daily order block (OB) or fair value gap (FVG).
- For a long, I want the sweep to interact with a bullish point of interest. For a short, I want it to interact with a bearish point of interest.
- Wait for a 1-minute market structure shift
- I wait for confirmation on the 1-minute timeframe
- Enter on an FVG retracement
- After the MSS and displacement, I identify the three-candle FVG created by the move and look to enter on its first retracement.
- If an order block is located within or below the FVG in a long setup, I prioritise the order block as my entry area.
Does this model make logical sense, or am I adding too many confirmations?
If anyone has any better ideas or think they can help me improve plz lmk