Trader | Building Dang’s Club Trading Community https://t.co/8dpphrRSJs | @cftradercom partner
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With a top down analysis we will start by taking a look of the economic calendar to guide us for the week. High impact news everyday this week but CPI should cause the most volatility so could potentially eye for Tuesday to set high/low of the week depending on bias & PA. 
Before the start of each week it's key to review the economic calendar because this is how you build the framework for the week.
In simple terms my trading model starts with #TheStrat for HTF quarterly/monthly directional bias. Once I know this I move down to the weekly/daily timeframes and use #mondayrange, #MMXM, #PO3/#AMD to get my bias for the week and day.
My trading performance started significantly improving once I started backtesting. The goal of backtesting is to practice executing your model over and over again, not a bunch of different models. This quote is a great analogy for backtesting. 
As always everyone should first be looking at DXY closely for confluence when trading EU (EURUSD) or GU (GBPUSD) as these pairs should be moving inversely with the dollar.
Knowing the difference between high vs low probability market conditions/setup is what separates traders from being non-profitable to profitable and is how traders take their game to the next level.
Trading is the most difficult business to be successful in but once you develop the skills & discipline to become a profitable trader it is the most rewarding industry to be in. In this thread I will go over the exact steps I would take if I were to start trading again from zero.
Before I start going over these advanced concepts it's important to understand the basics first.
Before understanding inversions you need to know the difference between a BISI fvg vs SIBI fvg.
Most people when they refer to 'Time' they refer to killzones & macros but one of the most important aspects to time is the OHLC/OLHC of a candle. 
Before you go on your trip, you need to know why you're going and also be in a position to be able to go. 
In my opinion, the two most important things when it comes to adding to a position is:
STOP setting daily, weekly, or even monthly profit goals. 
Before we start I wanna give creds to @GirthyRibz for this thread cause I got the term 'fu' from studying his charts.
200k phase 1 was started in February and Phase 2 was started in March. Being a day trader doesn't mean trading everyday. When market conditions are like this you have to know when to sit out or lower risk. 
For me there are 3 different places where I place my stop loss. Where I place my stop loss always depends on where the DOL is and where my entry is to calculate RR. In this thread I will discuss where to place SL and the pros & cons for each placement.
As promised I've been fully transparent and have show all wins and losses. Each trade was alerted live in Discord in real time for Lifetime members. If you want to follow along phase 2 and my journey to 1M funded, you can sign up for Lifetime+ here whop.com/dangstrat
Entry Models are worthless without knowing the draw on liquidity. Use these narratives to find the draw on liquidity.
FVGs