Below is a structured guide based on the BTMM logic as taught in Steve Mauro’s series. Note: BTMM is a derivative of the original Market Maker Method , adapted for retail traders to follow institutional order flow.
: At the open of the London or New York sessions, an aggressive spike breaks out of the consolidation zone. This "Stop Hunt" tricks retail traders into chasing a false breakout.
Is my stop loss safely tucked away just above the peak formation high? btmm steve mauro part05 trading zone and rul top
The market maker drops price sharply into the lower trading zone. This triggers sell-stops and induces panic selling. Price prints a "W" structure, rejects the low, and shifts structure upward. 4. The Rule of Top (and Bottom)
training, specifically focusing on the mechanics of trading zones and the "Railroad Track" (Rul) top formation. Trading Zones and Market Structure Below is a structured guide based on the
Is the current time inside the London or New York session window?
The "Accumulation" or "Trap Zone" is where market makers entice retail traders into taking positions before reversing the direction. This "Stop Hunt" tricks retail traders into chasing
The price immediately falls back down, closing below the previous support, confirming the "M" formation (peak). Key Indicators for RUL Top Peak Formation High (PFH): The highest point of the "M".
The formation of an RUL Top can typically be broken down into three distinct phases:
Disclaimer: Forex trading involves significant risk. This article is based on the teachings of Steve Mauro (BTMM) and is for educational purposes only. If you want to know more, I can help you with:
Look for an M-formation at the Top or a W-formation at the Bottom.