Day Trade Jul 17 Thu

Read before entering trades:

  • Stop loss - tight stop loss
  • Profit taking - Take 2x or even 3x target in strong trends
  • Otherwise, always take half off at 1x target and lower stop loss to 50% retracement

Notable signals:

  • Monthly pin in Apr
  • Weekly IB in Apr
  • Daily bearish pin on Jul 15
  • 4H bullish pin on Wed
  • 4H Dow trend up in ETH, down in RTH
  • 1H Dow trend down
  • 4H BC slightly up
  • 1H BC slightly up
  • All TFs up triggered
  • 22900 tested on 4H
  • 23100 tested on 1H
  • 22800 not tested yet
  • 4H pattern: rectangle failed breakout both ways
  • 1H pattern:
  • No intraday squeeze
  • Daily squeeze: started Jun 27

AVWAP squeeze

ETH TPO

Back into 4H VA

RTH TPO

Break out above weekly distribution

Back below 23000 -> re-entered VA

High volume bar?

  • Volume higher

BB lower band (3SD):

  • Curling up

BB upper band (3SD):

  • Curling up

Z-score >2 or < -2?

  • 0.5

ATR/SD correlation > 0.9?

  • No