This is my A+ Setup.
This Setup has made me THOUSANDS (I Trade it Every Day) and I am going to give you guys all the details about it in this thread🧵
Drop this thread a LIKE and follow me for more educational breakdowns!❤️
This Setup has made me THOUSANDS (I Trade it Every Day) and I am going to give you guys all the details about it in this thread🧵
Drop this thread a LIKE and follow me for more educational breakdowns!❤️
In this thread I go over 3 different parts of the trade 👇
1. The Larger Time Frames matched with Lower Time Frames
2. Indicators and Retests
3. Execution and Risk
Lets get into it!! (Dont forget to like and RT the first tweet also follow me for more)
1. The Larger Time Frames matched with Lower Time Frames
2. Indicators and Retests
3. Execution and Risk
Lets get into it!! (Dont forget to like and RT the first tweet also follow me for more)
1. An A+ Setup is when the larger time frames are matching with the lower time frames.
On this setup the Daily Time Frame was SUPER Bullish (Bullish Piercing into ATH)
And when a setup has a bullish daily timeframe into an ATH (Clear Skies for a breakout) it is a TOP WATCH
On this setup the Daily Time Frame was SUPER Bullish (Bullish Piercing into ATH)
And when a setup has a bullish daily timeframe into an ATH (Clear Skies for a breakout) it is a TOP WATCH
1. Lower Time Was Bullish also which lines up with the higher time frame 👇
On the 5 minute we had a rejection candle off open which signals a big resistance. We then cleared the high of the resistance indicating a break of structure.
Then we created a BULLISH FLAG
On the 5 minute we had a rejection candle off open which signals a big resistance. We then cleared the high of the resistance indicating a break of structure.
Then we created a BULLISH FLAG
2. Indicators and Retests
With this Bullish Flag at ATH and with a break of structure to the upside we want to look for a Key Level and VWAP Retest.
We got the retest and I entered on the VWAP Retest Lined up with the Key Level Resistance Level REtest (From first rejection)
With this Bullish Flag at ATH and with a break of structure to the upside we want to look for a Key Level and VWAP Retest.
We got the retest and I entered on the VWAP Retest Lined up with the Key Level Resistance Level REtest (From first rejection)
2. Indicators
I then used the 9 EMA which indicated to me on the New High Of day that we were extended.
So since we were extended I exited my position at a SOLID Profit.
Right after I exited we had a red candle which was pretty interesting that I read that before it happened.
I then used the 9 EMA which indicated to me on the New High Of day that we were extended.
So since we were extended I exited my position at a SOLID Profit.
Right after I exited we had a red candle which was pretty interesting that I read that before it happened.
3. Execution and Risk
On this trade specifically I should have held my runners with a stop, but the market lately has not been a hold runners type so I didnt.
My Risk was a 5 minute candle close under VWAP and my Target was NHOD.
This was at least a 1 to 3 Risk to Reward Trade
On this trade specifically I should have held my runners with a stop, but the market lately has not been a hold runners type so I didnt.
My Risk was a 5 minute candle close under VWAP and my Target was NHOD.
This was at least a 1 to 3 Risk to Reward Trade
3. Execution
Here is timestamps of this trade 👇
If you want these trade ideas, join the waitlist in my bio. My discord is currently closed but for future updates on openings you need to be on the waitlist in my bio!
Here is timestamps of this trade 👇
If you want these trade ideas, join the waitlist in my bio. My discord is currently closed but for future updates on openings you need to be on the waitlist in my bio!
This Thread took me over a hour to make and I hope you guys enjoyed!
If you did make sure you LIKE and RT the first tweet and Follow me to learn more!♻️❤️
Also Follow me on IG for exclusive educational content (I am more active on there) - instagram.com
If you did make sure you LIKE and RT the first tweet and Follow me to learn more!♻️❤️
Also Follow me on IG for exclusive educational content (I am more active on there) - instagram.com
You could join the waitlist to get these trade ideas, learn how to trade, and so much more right here 👇
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We are opening up spots soon!
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