Dave Profile picture
Nov 2 8 tweets 4 min read Read on X
Nailed a NAS 100 trade Sometime back —here’s my strategy step by step
To learn my secret to identifying high-probability trades? It all starts before the market moves..." Image
My trading day starts with a ritual: I immediately mark the Highs and Lows of the Daily & 4H candles. The longer the body of the candle the better. Trust me, these are the levels that matter. Image
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The key to this setup lies in observing a fake-out: the current candle must aggressively sweep the extreme (high or low) of the prior candle, then immediately retreat and close back within its boundaries. This is what I always look for in the market
The setup signals the reversal and once this 'trap' setup forms, my entry is next. But don't jump in without confluence and confirmation that the price will honor the reversal. My target is simple: If price swept a high, I aim for the low; if it swept a low, I aim for high. Eg EU Image
Once all confluences align, the hunt for the entry begins. My ultimate confirmation signal is the Market Structure Shift (MSS). Once this aligns with all my confluences, I have my high-probability entry position, then we watch the trade play. There was also another entry provided Image
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Immediately after my TP was hit, same setup was formed, I followed the steps listed above and got yet another beautiful trade.
If you found this breakdown valuable, please Like and Retweet so more traders can see it! 🧠 Don't forget to Bookmark this thread for later use. Image
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#TradingStrategy #Forex
Other trades, using this strategy
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