BECOMING PROFITABLE (PART 1)Hi Guys,
I have provided an explanation on how to become profitable by repeating the same process, over and over again.
Decide the candle you intend to trade before coming to the charts to frame your trade.
Am I trading the daily candle today or the weekly candle this week or a 4H candle
That helps to clear out the noise in the market and you dont need to know the bias of the day or week, you just trade what the week presents.
Lemme sum it all up here.
Step 1: identify the candle you intend to trade.
step 2: Identify the PO3 of that particular candle (OHLC or OLHC)
Step 3: the high or low must be into a key level and must sweep liquidity
step 4: Find a lower time frame entry to correspond to that move you just identified.
step 5: Target 1:3RR or more
Community ideas
Confluence Profile 500K (Order Flow Footprint + PA) 2.5RNYMEX:CL1!
"If you can't fly then run, if you can't run then walk. If you can't walk, then crawl. But whatever you do you have to keep moving forward." -Dr. Martin Luther King Jr.
Family I hope everyone is in good spirits as we kick off this new year of 2025!!!! Here in this video I have went into gr8 detail on this trade that I took SHORT todays during NY Session on Crude OIL and I broke down the Order Flow Footprint along with PA on why I decided to enter the trade and capitalize on 2.5R. My original target was 5R however volume died out and I decided to close and walk with profit. This year I'm going to consistently Over N over N over N over N over again study the 10pt Stop entry here on Crude Oil. On overage Crude Oil will run for +120pts during NY Session. All we need is half of that to eat. (60pts) this is my sweet spot. I'm determined to master it. Added along with better tape reading of the Order Flow Footprint. Let's stay active!
Remember; "Our Profession is to Manage the downside costs of printing HIGHSIDE returns of $$$ consistently. Done correctly, well Abundance awaits us." -500KTrey
It precious metals oil dxy1.3.25 I find it helpful the categorize the market in ways that are more specific than trending or ranging. there are intermediate patterns that can give you solid information including what reasonable targets you can use before you actually start the trade. near the end of the video I stumbled on the silver market which actually triggered long and short trades with relatively small risk....... and one reason you could think as a stop in Reverse traitor in that market because it characteristically has higher volatility than most markets it because 1 point is 1000 of dollars. so if you like action and you don't mind spending more time in front of the screen you can get that from Silver. I am not recommending silver because it doesn't take too many mistakes to lose a lot of capital. in fact gold is not a trade to start out with for the same reasons but I think there is a smaller contract and I know there is a smaller contract for oil which I think is a great Market... so if you start out with oil make sure it's the qm I think.... the smaller contract... half the return but half the risk. always be risk adverse. I spent more time than I should have over 30 minutes for sure... I'm sorry about that, but there are some subtleties to patterns that that are not really that subtle when you look at them with a Discerning Eye. it is possible that the oil will trade higher from its current price and then I would add another range box above the current range box... I did not get to talk about that on this video. on the other hand while I am generally bullish on the precious metals, my gut feeling on gold is that it's going to range for a while until something happens that changes my mind... and that would influence the way I would trade that market.
'Confluence Profile 500K' (Order Flow Footprint + PA)"10pt STOP"NYMEX:CL1!
"Successful trading has always been about understand the convictions, the strength and the weakness of buyers and sellers. Once you understand what the other traders are doing in the market, you can successfully trade with them." -Michael Valtos
Family in this video I went into a gr8 in depth breakdown of a 5-6R trade that took place today during NY session SHORT on Crude OIL. Paying very close attention to the order flow footprint all the while observing very closely how PA is setting up will help us to develop the mastery of the 'Confluence Profile 500K' (Order Flow Footprint + PA) "10pt STOP". Just think about this......
December of 2024 price moved on average of 120pts during NY session. (5am-2pm) PST.
-We know we're not going to catch the whole 120pts so were going to focus our attention on cutting that point ratio in half and catch 50-60pts with a 10Pt STOP....
-Granting us 5-6R in our Favor!!
Now this is the RISK we face, WE HAVE ONLY 10PTS of pre-determined RISK. So, the 'Confluence Profile 500K' will consist of the (Order Flow Footprint + PA) to give us the highest probability ratio of entering a position with only 10pts to RISK & this is our journey to Master the 10pt STOP w/ a 50-60pt Target!!! Let's go 2 work.
Remember; "Our Profession is to Manage the downside costs of printing HIGHSIDE returns of $$$ consistently. Done correctly, well Abundance awaits us." -500KTrey
Visual A Happy New Year.This visualization transforms price data into a dynamic constellation of interconnected points, moving beyond linear time series analysis to explore hidden dimensions of market behavior. It leverages the human brain's pattern recognition abilities to potentially reveal insights invisible on standard charts.
█ CONCEPTS
This visualization breaks free from the constraints of linear time by connecting data points based on relationships beyond chronological order. This approach allows for the exploration of non-linear patterns and multi-dimensional time series analysis, leveraging the speed of visual information processing in the human brain. It's a demonstration where a logarithm is swinging back and forth sweeping to look for patterns that the lines cross along common frequencies.
█ NEW AVENUES OF OBSERVATION
• Non-Linear Pattern Detection: Identify patterns and correlations invisible on standard charts, such as subtle shifts in market sentiment or recurring motifs signaling trend changes.
• Multi-Dimensional Time Series Analysis: Explore dimensions beyond time, such as volatility, volume, or sentiment, to uncover hidden drivers of market behavior.
• Visual Intuition: Leverage the brain's pattern recognition to intuitively grasp complex market dynamics obscured by traditional methods.
█ THE POTENTIAL OF IMAGINATIVE TOOLING
This visualization demonstrates the power of creative coding with Pine Script and the potential of platforms like TradingView to develop innovative market analysis tools.
█ TECHNICAL INSIGHTS
The focus on visuals stems from the brain's rapid processing of visual information compared to text or numbers, enabling faster pattern and trend identification.
█ QUESTIONS FOR FURTHER EXPLORATION
1 — What relationships between data points are visualized (price proximity, volatility, volume, etc.)?
In this case, it's a demonstration where a logarithm is swinging back and forth sweeping to look for patterns that the lines cross along common frequencies.
2 — How can we quantify and automatically detect/classify emerging patterns and clusters?
By measuring when lines cross pivots, distance of points from patterned averages, density between two lines... Many possible ideas.
3 — How can we incorporate additional dimensions to enrich market behavior understanding?
By Trying, by testing, experimenting in ways beyond what you saw before.
█ FUTURE DIRECTIONS
This is a starting point for further research. Continued exploration could lead to sophisticated tools integrating multiple market data dimensions, allowing navigation through a visualized landscape for better predictions and strategies. Imagine a future where traders and analysts can navigate through a 3D visualised landscape of market data with overlapping colours, transparencies, layers indicating correlations, zooming in on specific patterns and lighting up in ways that show us moments of significance that were previously invisible.
█ CALL TO ACTION
Experiment with Pine Script and share your visualizations. Collective creativity and innovation can drive this field forward. Let's explore, experiment, and push the limits of visual thinking together. This visualisation is only one of many starting points, you can find a number of other greet works by browsing through the scripts available on Trading view, I am sharing this as an invitation to think outside the box.
Strategy & New Group Trading ConceptHanging out chatting about next year's trade desk business goals. I'm a firm believer that a good trader is just as valuable as the assets that they trade. Learning how to simplify trading is the first step to building a reliable strategy. There are a few areas of fund management that are hidden from everyday traders because it does not apply to non-financial professionals.
For starters I've got this idea to start the 'seaside connection' .
I've met many different types of traders. Some of which have profitable strategies, copiers, and some who gamble.
What if we found a balance? I have a track for all of these people. The goal is to add more value to your time on the desk. so if your trading 100 - 100,000 does not make a difference.
Strats (protected) can be copied without requesting private proprietary information about what & how it works. Purely focused on results.
Non-Strats (Train & Trade): Learn how to apply my strategy to markets. Literally, you focus on your market timing, force, and fundamentals.
Gamblers: Learn how to protect your punting with risk to reward strategies that reduce your risk or blow up your account in style lol. Just kidding, but you should know that the majority of traders are not trading, they are gambling.
I'm not here to turn atheist into believers, but soon enough, the markets will.
Investors: You look down on us traders at times. This is okay, because without us you have no one to blame when your 3 month outlook shifts.
You need us, because we provide you with near term returns.
Our strategies will be packaged in PAMM / MAMM funds for you to take advantage of as a hedge to that longterm underlying position you've got working since last year!
Bullish Rally, followed by a seloff in the afternoonOn the blue C wave targets on the lower right.
This is meant to teach EWT elliot wave theory, to give not give trading advice. There is a corresponding Video Idea that goes into more detail. I will update the idea during the day tomorrow.
I''m planning on buying with both hands if BITX /BITC go down on a 28" C wave. any rally will be over by the 1 AM Lunchers Idea I shared with the TV community, the idea that the pit Tradeers go out on 3 martin i lunchs, and ater they return they make a move to take reatil money. this is a tiny part of my "Bilderberg Theory" which I have been trading along with Paper, buying at S6 anbd selling at R6, since 2003 with I ;earne from Giget Sune, who i tradee futures with, and David Elliot the number oner stock chart trainer, awarded by the U.S stock Traders Assocition. 2003-2005 >. i rrally appreciate being given the opportunity to share my knowledge.
www.tradingview.com
BITCUSD / BITX has exactly the same chart.
HOW-TO: Connect Indicators to the PSE, Practical Strategy EngineThis is a detailed video of how to connect your indicator(s) to the PSE, Practical Strategy Engine via the "Connection Indicator for the PSE".
Note:
The video shows the "PSE, Practical Strategy Engine" as "PSE".
The video shows the "Connection Indicator for the PSE" as "Connection Ind for PSE".
Copyright © 2024 CoinOperator LLC
Mastering the Enigma Liquidity Concept: Understanding Candle MidIn this educational video, we delve into the Enigma Liquidity Concept, a powerful approach to understanding market bias and direction through the lens of liquidity. Learn how to analyze each candle's 50% midpoint and observe the market's behaviour as it seeks liquidity. By understanding the significance of candle closes above or below the midpoint and identifying liquidity grabs, you'll uncover the logic behind determining when to buy or sell. This video offers clear, actionable insights designed to elevate your trading precision and confidence. Perfect for the TradingView community looking to refine their edge!
How to tell which swing high/low will hold?In this video I attempt to give a little bit of insight into determining which swing high or low will hold based on the current location of price in relation to the candle formations (PD Arrays) on multiple timeframes.
I will be analyzing GOOG (Google) with the limited info in terms of past price action, as most of the chart is in a continuous uptrend. However, I do my best to determine the possible trajectory of price in the coming weeks.
- R2F Trading
Visualizing Liquidity in Retail PatternsIn this short video I go through a nice example of liquidity being engineered and raided on both sides of the market in order to facilitate a AMD/PO3 schematic.
I hope you find it insightful in how you view price, and how you can use retail patterns in order to fade the retail mindset.
- R2F
HOW TO TRADE LONDON SESSION LIVE TRADING SMART MONEY CONCEPTHere in this video i show you how you can trade london session using smart money concept so you can make more profit and reduce loss. you need to mark high and low of asian session to know which one to go if it break any of the two area marked.
LIVE TRADING ON HOW TO TRADE LONDON SESSION Here in this video i show you how you can trade London session on live trading using Eurusd and Gbpusd so this pair is very important for trading this . I mark high and low of Asian session befor entering . Practice before on real account . Use money management