Trade Recap 📈
Profiling the market correctly, understanding how LTF SS created HTF PSP, and how POP delivered from one objective to the next.
Many more lessons inside this recap — study the process
One way I use quarterly opens is when the 4h/hourly has a large wick, you can trade against it by waiting for a new 6 hour/90 minute HTF candle open.
This can be used interchangeably.
The most common way to use this is when the 4h 10am has a large wick, wait for 12:00 Q4, meaning you have a new HTF candle open without a large wick, that is when you can trade against the huge wick on the 4 hour/hourly.
Teaming up with @TradingLucid to give away 5x 50K Flex Evals to the community. To enter:
1. Follow @GxTradez + @TradingLucid
2. Like + Retweet this post.
3. Comment your biggest struggle in trading.
Winners picked on 1st July. Good luck 🤝
This is what following your rules and taking consistent setups looks like…
Started this account on Monday already eligible for payout.
Gxt is the truth.
Longing High in Ranges
Shorting Low in Ranges
Generally speaking, Low probability.
The exception to this rule is when we have APD sequences.
if a correlated asset is running an extreme or repricing a P/D gap & reversing the asset that is higher in the range is permissible to trade.
Take a look at my ES long today, it utilizes this logic.
If we don't have this specific logic, often times price will stop you out, as your invalidation prints a HTF gap.
This also blends with the idea of gap selection for continuations and SMT-fill, which I have talked a bit about but will make a future video on.
This concept, simply is...
If your stop loss is an SMT-fill but is the low/high of a HTF gap forming
Then do not take that trade.
I.e. Don't take a M15 SMT-Fill if we are printing a M30 gap.. and so on and so forth.
One way we can trade LTF gaps with HTF gaps printing above/below is utilizing the ideas of Strength switching and 2-stage-CiC.
More to Come... I'll need video format to truly explain this.