Data driven hourly setups using mean reversion entries to the 50% range & 15m orb break & retest to 50% trades. That’s it. $Nq Titus 3:5
Jun 7 • 18 tweets • 5 min read
Here are last weeks setups for the 6am, 7am and 12-8 setups each one has some minor nuances to them I have found make them more successful. Same concepts as before just a little different. I’ve backtested all of these and forward tested live to improve them for me. 10-1 last week
The 6am model. If the 1st candle that breaks a high/low of previous closes back inside the setup is valid. I place entry at retest of the broken level and target midpoint. Close outside I want close back in and then retest of the broken/high low targeting 50%. Last week 4-0.
Apr 8 • 25 tweets • 8 min read
I use 2 strategies to trade the market. 1 is an open range expansion/breakout trade setup using the first 15 minutes of the opening range 930-45am eastern time. The second Is an Equilibrium/Mean Reversion trading strategy using the 6, 630, 7, 7340, & 8 hourly candles.
Strategy 1 15m ORB 1. Wait for the 930-945 opening candle to form and close 2. wait for a break AND close outside of that 15m range on the 3 or the 5 minute timeframe (i usually use the 5 lately) 3. enter at open of next candle or retest of orb 4. Target 50% of ORB range
