We're working on market structure & waiting for a specific trade to develop in the PT Discord channel. This is super interesting, and I love sharing knowledge with new traders!

I'm dropping the $ARHS example we used to explain the market structure in a pullback/base buy. Right now, based on structure, I see a new LL & LH, so pullback/consolidation is underway.

To confirm the trade, ideally, I would want to see another contraction with an HL, which would be the STOP LOSS pivot to use (13.72$ in this ex).

How could you increase your win rate (%) as a swing trader?

Here are a few tricks I personally use that can help you 👇🧵 1. Trade with the market trend

Define the trend of the indices #ES_F #NQ_F #RTY_F and create rules to ensure you initiate new long positions while the market is trending higher.

• Price > 50dma
• 21dma > 50dma
• Etc, it's up to you based on your trading timeframe

S&P500 $SPY Daily Price Action Analysis:

What a day!

The market reacted to the soft CPI data with a +3% upside move right into the previous swing high (410$), but was unable to hold and faded all day long.

How to quickly determine the type of price action for the day. 📊

▪️ TREND?
▪️ RANGE?

I'm sharing the straightforward technique I use to get a good idea in the first 30min following the market open.

Thread! 🧵👇 The first thing to consider first & foremost that could lead to a range/choppy day often comes from outside elements like:

▪️ Economic news
▪️ Holiday's
▪️ Slower period
▪️ Etc.

Here's a thread on how to use Progressive Exposure in your trading 🪜

Progressive Exposure (PE) is the method to progressively commit capital, as you make progress on your open positions, in order to limit your risk of capital loss and smooth your Equity Curve (EC)

Thread 🧵 You want to use those open profits to finance the risk of the next position.

The goal is to protect you’re capital in case your positions are going against you & the market rolls over.

The ideal scenario, you lose unrealized gains, but not capital!

I have the discipline to build a detailed FocusList each night, but you DON’T NEED to take all the trades that trigger their entry.

That's where trading experience comes into play.

👇🧵 Some reasons to take a specific position over another, or not take any trade even if the alert is activated, are:

• The general market price action
• My Market-Based exposure model
• My Portfolio-based exposure model (progressive exposure)

How to find the TOP SWING trade setups in the LEADING #stocks 🔎

FIND the needle in a haystack

Thread! 🧵 In order to drill down the entire US stock market into a FocusList of tradable setups, I go through these 4 steps each day:

1⃣ Building the UniverseList (≈ 500 names)
2⃣ Building the WatchList (10-100 names)
3⃣ Building the FocusList (0-10 names)
4⃣ EXECUTING the FocusList

In the last few years, I've developed a model based largely on #CANSLIM fundamentals characteristics to focus on the best stocks.

Not having the money to afford a #MarketSmith sub at the time, I built my own fundamental & technical scoring system into an Excel spreadsheet

🧵👇 PRIME Model explained 🥇

I use this model to narrow the entire US stock market to the top 400/500 names with the best fundamentals and technical characteristics I'm looking for.

It creates the universe list that I use every day to find the best setups for the FL.

👇👇

This thread is about the technical setups I use day in/out to trade the markets 📒

1⃣Wedge break (WB)
2⃣Wedge break pullback (WBPB)
3⃣Breakout Retest short (BORS)
4⃣Breakout Retest Long (BORL)
5⃣Breakout 10ema PB (BO10PB)
6⃣Breakout 21ema PB (BO21PB)

That's my playbook 👇 1⃣ Wedge break (WB)

Price forms an orderly pullback contained by a down-trend line (DTL). You want to see low volume within that wedge formation, with small down swings ideally.

This thread is about the technical setups I use day in/out to trade the markets 📒

1⃣Wedge break (WB)
2⃣Wedge break pullback (WBPB)
3⃣Breakout Retest short (BORS)
4⃣Breakout Retest Long (BORL)
5⃣Breakout 10ema PB (BO10PB)
6⃣Breakout 21ema PB (BO21PB)

That's my playbook 👇 1⃣ Wedge break (WB)

Price forming an orderly pullback contained by a down trend line (DTL). You want to see low volume within that wedge formation, with small down swings ideally.

How to find the TOP SWING trade setups in the LEADING #stocks 🔎

FIND the needle in a haystack

Thread! 🧵 In order to drill down the entire US stock market into a FocusList of tradable setups, I go through these 4 steps each day:

1⃣ Building the UniverseList (≈ 500 names)
2⃣ Building the WatchList (10-100 names)
3⃣ Building the FocusList (0-10 names)
4⃣ EXECUTING the FocusList

daily SECTORS review 🔍

▪️ Daily/Weekly/Monthly sector's strength
▪️ Leading sectors $SMH $TAN $XBI

Thread 🧵 Top 5 SECTORS:
$CIBR - Cybersecurity
$XBI - Biotechnologies
$FDN - Internet
$XRT - Retail
$IGV - Software

Something I really like to use to gauge if we are extended or not, especially out of a correction, is the distance for the 50dma.

Going back to the 2000 bear market, let's try to see what is the typical 50dma extension from the bottom

Thread 🧵 ! 2001:

12% extension from 50dma (3 touches) then a final overshoot before a meaningful pullback.

How to recognize EARLY VIOLATIONS to manage risk early on in a trade ⚠️

Learn those 3 simple rules to AVOID big losses

Thread 🧵 Not every stock entry will work, no matter the fundamentals or how much you did research on it.

You’ll notice that sometimes they try to breakout a stock only to sell into that strength. In that case, the price will come right back to your entry or below.

Here is PART 2 of the thread series on the technical SETUPS I use & teach as a pro SWING trader @ PrimeTrading📈

2⃣ BREAKOUT Retest Short (BORS)

Thread 🧵 After a base breakout, the BORS setup takes place when price comes back testing the BO pivot within a short period of time.

You want to see a low volume on the retest and higher volume on the reversal. Then, you can use multiple tactics for entry.

Here's a thread series on the technical SETUPS I use & teach as a pro SWING trader @ PrimeTrading📈

1⃣ Wedge break (WB)

Thread 🧵 Price forming an orderly pullback contained by a down trend line (DTL). You want to see low volume within that wedge formation, with small down swings ideally.

Then, you use the DTL breakout or breakout day’s high (FUTU = 59.27$) for pattern confirmation & entry.

How to USE PIVOTS to enter a trade like a professional swing trader 📈

Thread! 🧵 What is a PIVOT, see this last thread 👇

https://twitter.com/PrimeTrading_/status/1541030756658675714?s=20&t=ffFPXRSye9saEyyG5oAEtg

Watch the vaccine stocks this week, they are setting up to get one hell of a week 👀🔥

$BNTX $MRNA $DVAX $NVAX $DVAX

How to FIND an entry PIVOT like a professional swing trader 📈

Thread! 🧵 What is a PIVOT, see this last thread 👇

https://twitter.com/PrimeTrading_/status/1541030756658675714?s=20&t=bHYNCFeWuhnNKPySeQVWDQ

What is a PIVOT & why is it important to TIME your trade entry? 🎯

Thread! 🧵 A pivot is essentially the level where we’ll be able to take the educated guess that if we breakout from here, price will likely make a HIGHER HIGH (HH).

See this thread for market structure 👇

https://twitter.com/PrimeTrading_/status/1538495800468201474?s=20&t=6Ph3Gen4_ZlN8cp3QYhXbQ

Using market STRUCTURE is an essential tool for any serious trader wanting to bring his skill to the next level! 🧩

But, what is a market structure?

Thread! 🧵 The price of any stock moves in bursts, up or down, from different lengths.

No stock will move in straight line, except maybe $GME & $AMC in 2020…but we’re not here to find MEME stocks 🫣