Michael Patrick Lane

Live the life you’ve always dreamed of. Treat others the way you want to be treated and always remember... You Are Phenomenal ✨

[Michael Patrick Lane @MPatrickLane]

@TraderMorin Thx for adding the timeframe you were trading in here. Always helpful!

[Michael Patrick Lane @MPatrickLane]

@TraderMorin Nice job consistently putting out great content and growing on this platform while kicking ass as a trader and MHC + helping others through your posts. No small task brother

[Morin @TraderMorin]

If I could only trade one reversion setup it would be this one.

🧵🧵: Step by step breakdown (planning, confluences & execution) 👇

[Michael Patrick Lane @MPatrickLane]

@TraderMorin @Trader_XO

[Morin @TraderMorin]

Market Context

This is the most important foundation of my trading:

@Trader_XO was the first person to bring this to my attention and to this day his teachings still have a tremendous impact on my trading / process.

Market context should be one of the foundations of your trading. It helps you identify which trades you should be focusing on, from a more directional point of view.

Patterns don’t mean shit unless you are trading them in the right context, this goes for double tops / bottoms and even compression setups.

The daily / weekly 12/25 EMAs (TraderXO Macro Trend Scanner) is one of the simplest yet most efficient way to ensure your always on the right side of the trade.

In an uptrend, the daily bands will be green and price comfortably above. In a downtrend, the daily bands will be red, and they will act as resistance when price trades into them from the underside. In rotational (Range) environments you will see the daily bands more frequently cross both bullish & bearish.

My favourite tip for identifying a rangebound environment after an uptrend, is when we have the first bearish cross on the bands. Vis versa, in a downtrend you can wait for the first bullish cross to anticipate a rotational environment.

I urge you all to implement market context into your trading process and have clear rules defining how you identify each environment.

[Morin @TraderMorin]

TPOs reveal what candles can’t. Value.

🧵: The only TPO terminology guide you'll ever need w/ Pictures. 👇

[Morin @TraderMorin]

(1/8) Initial Balance

The IB range consist of the first 1H trading period of the Day.
It can be used as a pivot point for price.

[Michael Patrick Lane @MPatrickLane]

@TraderMorin Heck yes! Awesome post @TraderMorin 💫

[Michael Patrick Lane @MPatrickLane]

@TraderMorin @huskyXBT lol

[Michael Patrick Lane @MPatrickLane]

@TraderMorin Nice dude!

[Michael Patrick Lane @MPatrickLane]

@docXBT Wow! Awesome post Doc! Thanks for putting so much time into this 💫

[Michael Patrick Lane @MPatrickLane]

@TraderMorin Roger that! 👊

[Michael Patrick Lane @MPatrickLane]

@TraderMorin Thanks Morin!!!

[Morin @TraderMorin]

Naked Point of Control (TPO):

[Morin @TraderMorin]

Value Area (TPO):

[Michael Patrick Lane @MPatrickLane]

@TraderMorin Roger that ! Thanks Morin! Going to start training footprint on kiyotaka next week! Have an awesome one 👊

[Michael Patrick Lane @MPatrickLane]

@TraderMorin For the demand cluster rounded retest. Are you still putting your SL above/beneath the cluster. Or have you experimented putting SL directly above/below internal sweep? 🧹
Happy Reflection day dude!

[Morin @TraderMorin]

It's that time of the week: