AM

trading charts • educator

[AM @_amtrades]

the weekly range protocol

🗒️ complete resource • PDF

https://t.co/zfqzaukWPT

[AM @_amtrades]

if you trade,
you need a defined process

one that forces consistency

a few daily candles per week,
while strict on rules of this process

try for yourself and see

[AM @_amtrades]

a system needs five steps,
in this order

rules
expectation
confirmation
entry logic
trade management

rules decide if price is considered
expectation is the narrative
confirmation determines a valid trade
entry logic gets you onside
trade management brings profits

then repeat

[AM @_amtrades]

a trading process for consistency

wait for a one-sided daily candle expectation

upclose? once the low forms, only seek buys
downclose? once the high forms, only seek sells

2R minimum,
focus on new york session

one win, end the day
one loss, reduce risk
two losses, end the day

[AM @_amtrades]

midweek reversal,
thursday continuation

london reversal,
new york continuation

market profiling simplifies the charts

$ES +50

[AM @_amtrades]

TGIF

when the weekly candle expands,
friday forms the opposing wick

three simple criteria

monday reversal
expansion days
weekly objective

$NQ +240

[AM @_amtrades]

you can learn about highs and lows
you can learn about fair value gaps
you can learn about order blocks

but if you fail to understand:

where price is going
how it will get there
when it will do it

then those concepts mean nothing

focus on narrative,
it validates everything

[AM @_amtrades]

non-farm payroll protocol

weekly range is narrative

monday forms the upper wick,
friday forms the lower wick

daily range is confirmation

when the news manipulates,
the open will expand

$NQ +240

[AM @_amtrades]

how will tuesday print?
look back at monday

if monday manipulates,
then tuesday will expand

the best trades exist in the continuation

$ES +50

[AM @_amtrades]

each week,
ask three questions

what is the economic calendar layout?
this tells you days to focus on

what is the phase of price?
this tells you which levels are relevant

where is the draw?
this tells you the side to trade

when, where, and how

opportunity is once these align

[AM @_amtrades]

being consistent in trading is tedious, repetitive, and boring

destroying yourself in trading is fast

with just a few impulsive decisions,
you can undo months of positive progress

everyone eventually learns this lesson

the only difference is how many times you will experience it before making a change

everyone wants a lower timeframe
everyone wants more trades
everyone wants to risk

many assume it will solve their problems,
but that pursuit for more wins will never compensate for all the unnecessary losses

so while winning trades are great,
sometimes even amazing

show me how you manage your decisions in times when the market is not offering opportunity

that is where everyone loses it

can you be patient?
can you stick to your system?
can you avoid putting on that random trade?

you undoubtedly know that consistency is on the other side of the boring decisions

so in moments you are conflicted on a trade,
simply let it go

there is never any shame or error in that,
a better opportunity is always coming

be boring
be repetitive
be predictable

and the consistency will naturally follow

[AM @_amtrades]

in trading,
you will never be perfect in outcome

get used to taking losses
get used to missing moves

but you can be perfect in process

if you strictly follow your system,
all outcomes are positive

as the money will always follow

take calculated shots,
get calculated results

[TTrades🦍 @TTrades_edu]

AM Trades | Blending The Economic Calendar, Daily Chart, & Weekly Profiles
March 19th | 11am EST.

[AM @_amtrades]

weekly profile is the narrative

midweek reversal,
friday continuation

daily profile is the confirmation

london protraction,
new york reversal

$NQ +240

[AM @_amtrades]

sunday opening price is weekly fair value

study how days trade in relation to this level

does price consolidate?
does price expand away?
does price make an opposing run?

this is the market tipping its hand

do not try to predict the weekly candle,
allow the narrative to build

[AM @_amtrades]

the person with all the knowledge you desire,
they got it studying the same charts you look at

access to information is equal

as you read this on a device with internet,
realize everything to learn this skill is in your hands

the only variable is persistence,
and that's on you

[AM @_amtrades]

monday tells how tuesday will print

monday manipulation,
tuesday expansion

leave the reversal, trade the continuation

$NQ +290

[AM @_amtrades]

anyone can find winning trades,
few can limit the downside in between

the market remains irrational for longer periods than it is favorable

so don't try to cover losses with more wins,
allow the wins to matter by avoiding unnecessary losses

always operate from this perspective

[AM @_amtrades]

to progress in trading, you will make mistakes

to learn about risk, you will lose money
to learn about entries, you will get stopped
to learn about charts, you will be incorrect
to learn about control, you will overtrade
to learn about emotion, you will be frustrated

so invite mistakes,
but never make the same one twice

one mistake is a learning opportunity
repeating a mistake twice is a choice
a continuous mistake becomes a habit

this is what separates traders apart

consistent traders have already made every mistake in the book;
and have addressed them

while progressing traders are still discovering new mistakes;
and are battling them

there is a lot to be learned through experience,
and this is not something that can be taught

to truly respect the consequence of a mistake,
you have to experience it yourself

be patient throughout the process
be humble enough to address mistakes
be strict enough to resolve them

and with enough time, it will come together

[AM @_amtrades]

if london does this,
new york will do that

london reversal, new york continuation
london protraction, new york reversal
london consolidation, new york manipulation

a visual to reference for those applying