Hey guys, creating new thread for the daily trading on equitiy , FX and crypto markets. I have been full time day trader for about 3 years now, mainly trading equities mainly along with longer term crypto investments and few here and there FX option or ECN trades in between. This is pure technical trading when it comes to equities and FX, and more or less fundamental/technological aspect when it comes to cryptos. No should/would/ could posting of setups, straight and clean setups with direct forward to go directions and actions. Yes this thread is controversial as it gets, its about catching liquidations and bottom rotations where the downtrend turns into up trend, as much as anyone will assume its impossible to find it, feel free to learn or observe to learn the main charasteristics of price movements for finding such patterns. Along to that there is also focus on squeeze patterns that from from symmetrical structures along the trend.
Bottom rotation (supply takeout) trading is mainly focused on structures that follow one or few of those concepts:
-liquidation (soft or strong)
-clearout (on lows and stop loses)
-symmetrical supply/ resistance buildup with multiple rejections
-condensed supply zone of slow droping down trend ensuring large condensed short postions
PDF rules for supply takeout:
Four traded patterns(primary focus supply takeout):
1.Supply takeout
2.Parabolic crash/rally
3.Symmetrical wedge squeeze
4.Short squeeze
Feel free to learn from this thread, ask question if you feel to. PDF files provided for supply takeout rules.
In either case examples on pages have to be studied in hundreds of cases for one to be ready to trade the play.
PDFs of plays on FX and equities:
Bottom rotation (supply takeout) trading is mainly focused on structures that follow one or few of those concepts:
-liquidation (soft or strong)
-clearout (on lows and stop loses)
-symmetrical supply/ resistance buildup with multiple rejections
-condensed supply zone of slow droping down trend ensuring large condensed short postions
PDF rules for supply takeout:
Attached File(s)
Four traded patterns(primary focus supply takeout):
1.Supply takeout
2.Parabolic crash/rally
3.Symmetrical wedge squeeze
4.Short squeeze
Feel free to learn from this thread, ask question if you feel to. PDF files provided for supply takeout rules.
In either case examples on pages have to be studied in hundreds of cases for one to be ready to trade the play.
PDFs of plays on FX and equities:
Attached File(s)