Profitability in trading,

A micro-thread on building Strategy 🧵

& everything to know ↓

(1/8) Back Testing (2/8)

A way of measuring a strategies performance with no risk involved using historical data available.

Pros:
• Requires the trader to make no risks before hand.
• Provides hindsight confidence to a traders nerves (especially when in periods of drawdown).
• Gives a clear plan to what you are trading.

Cons:
• Does not reflect the real performance as does not account for mistakes, emotions and convenience in times.
• Does not account for real-time market changes in the world.

Best and simplest way to back test, is through using a simple excel spread sheet layout. Google sheets works just as well.

I've spent years analysing one market

here are some things you should know...

Bitcoin 🧵 Here's what's discussed :

• The 4 sessions
• Asia Break
• London H/L
• Discretion
• VWAP retests

A quick discussion on the...

operations between buyers and sellers

Order flow 🧵 Here's what's discussed

• Order types
• Depth of market
• Tape
• Footprint

A quick discussion on the...

characteristics & behaviours behind

Trapped Traders 🧵 Here's what's discussed...

• Onside vs offside
• Momentum fuelling
• Providing liquidity
• Conclusion (pt2)

It's constantly destroying traders PnL.

where and when to expect...

Volatility 🧵 a thread Here's what's discussed

• Price and time
• Single print volatility
• News volatility
• ATR
• Liquidations

2/8

Creating a bias can be difficult in a market you don't know,

5 bias levels anyone can use...

Reversals 🧵 (stats included) Here's what's discussed...

All levels are in regards to BTC inverse or linear.

3 intra-day levels (LTF) + 2 intra-week levels (HTF)

• London Open Reversal
• New York Open Reversal
• Morning Open Reversal
• Tuesday Open Reversal
• Weekend Break Reversal

• Eliminating confusion
• Conclusion

2/9

Distribution.

different types and how I've learnt to use them...

Profiles 🧵 Here's what's discussed...

• Profile briefing
• Value Area
• Volume profiles
• Open Interest profiles
• Bid-ask profiles
• TPO profiles

2/9

Every trader has a "go-to" that they use for market analysis,

If I could pick just 1, this would be it.

An exclusive thread on...

Delta 🧵 Here's what's discussed...

This thread aims to discuss unique ways on how I visualise delta.

•Calculating delta
•Delta percentages
•Delta chart
•Delta range (max/min)
•Delta profiles

2/8

A very powerful tool to know,

Here's a few ways to use…

a volume-based tool

VWAP 🧵 Here’s what’s discussed…

. Brief overview of vwap
. Strengthened vwap
. Anchored vwap
. Session vwap
. Finding Weakness

2/8

The foundation for all markets...

Time and Price.

Market Profile 🧵 (part 2) Here's what's discussed...

• initial Balance
• double distribution
• open drive
• unfinished auctions

2/7

Some can see what others cannot,

the best order flow levels I see every day,

a thread...

Key Levels 🧵 Here's what's discussed...

• volume poc's
• imbalances
• vwap
• tpo poc's
• TSize

2/8

An essential understanding for all traders

Time and Price

In-depth the components and use cases for...

Market Profile 🧵 Here's what's discussed...

• TPO blocks
• TPO tails
• Single Prints
• Time poc
• Inefficiencies

2/8

Finding great trades isn't easy.

Over the years, I've tested many ways to try spot turning points

Here are the few I still use in my analysis... in-depth

Reversals 🧵 Here's what's discussed...

• anchored vwap
• swing failure pattern
• trapped traders
• breaks of structure
• 3 wick setup

2/8

A tool some cannot trade without

A digital receipt for market transactions.

Here's what you should know about...

Time & Sales 🧵 Here's what's discussed in the thread...

• Tape overview
• Order filtering
• DOM + Tape
• Absorption
• Expectations

Conclusion at the end.

(Time & sales / Tape used interchangeably)

2.8

As traders we constantly look for new and better ways to improve.

In this thread, I'm discussing something that completely changed my trading.

Let's begin...

Absorption 🧵

1/8 Here’s what’s discussed…

Overview
Liquidity
Delta
CVD divergences
Delta candles

Conclusion

2/8

Someone asked me what the most important thing to know is when understanding liquidity

3 words. Depth of Market.

Liquidity and how the books try and trick you ↓

Depth of Market 🧵

1/8 Here's what's discussed...

- Overview
- Liquidity (one-sided supply)
- Order Spoofing
- Iceberg Orders
- Rounded Liquidity

- Conclusion

2/8

The first thing you see as a trader...

Candlesticks. Opens, highs, lows & closes.

here's a few ways to look at...

Price Action 🧵 ↓

1/8 Here's what's discussed...

• Market structure
• Liquidity sweeps
• Inside failure
• One time framing
• Weekend H/L

• Conclusion

2/8

As a trader knowing what others are doing is so important.

order flow trader or not,
this applies to any markets any TF.

in-depth break down, step by step ↓

...Open Interest 🧵 Here's what's discussed...

• Overview
• Spotting orders (intra-candle)
• Trend health using interest
• Identifying weakness (OI profiles)
• Open interest spikes

• Conclusion

(2/8)

Last time I discussed liquidity in trading, I covered more than ever.

This thread breaks its key components down to the detail, for everyone to apply.

...Liquidity & how to read it 🧵 (1/9) ↓ Here's whats discussed...

• Liquidity creation
• Liquidity removal
• Resting orders
• Buy / Sell -side liquidity
• Series of highs/lows
• Points of control

Conclusion

(2/9)

Countless hours spent testing

totalling 1700+ days of Bitcoin price

here are some everyday levels and stats for everyone to know...

Pd Levels 🧵 ↓ (1/8) Here's what's discussed...

• brief overview of candle sticks
• previous day equilibrium
• previous day high
• previous day low
• previous day h/l break

• conclusion

All levels were based on Bitcoin price action only. Stats should be disregarded for other assets.

(2/8)

Arguably the best thing to know when learning to trade.

today I'm discussing my most important,

the tool every trader should know...

Volume 🧵↓ (1/9) Here's what's discussed...

- Transactions
- Bid-ask
- Volume profile
- Fixed Ranges
- Volume spikes
- Reactions

- Conclusion

(2/9)