Mastering The THREE DAY MARKET CYCLE (Stacey Burke Day Trading Strategy)

Stacey Burke Trading
1 Mar 202436:54

Summary

TLDRThe transcript outlines day trading concepts like timing cycles, price levels, and setups to find profitable trades with asymmetrical risk/reward. It emphasizes understanding larger multi-day templates to identify potential breakouts instead of chasing candles. Examples are provided of trading opportunities from the past week based on concepts like first red/green days, news catalysts, and post-news bounces.

Takeaways

  • 😀 Die vierstufige Methode für Hochleistungshandel und die siebenstufige Tagesroutine für Hochleistungshändler sind beide kostenlose Downloads, die dabei helfen können, die Denkweise, Routinen und Disziplin von Tradern zu verbessern.

Q & A

  • What are the four steps to high performance trading?

    -The four steps are: 1) Develop the proper mindset and routines, 2) Increase confidence, 3) Increase ability to execute your trading edge, 4) Execute in a live trading environment.

  • What is the purpose of the 7-step daily routine?

    -The 7-step daily routine is designed to help traders develop disciplined habits and a winning mindset on a day-to-day basis.

  • What are some key setups mentioned in the video?

    -Some key setups mentioned are: 3-day setups, first green day, first red day, inside days, 3-session setups, day zero setups, pump and dump templates, range expansion opportunities.

  • What are the 3 key levels traders should be aware of?

    -The 3 key levels are: 1) The closing price level, 2) The high of day level, 3) The low of day level.

  • What is the purpose of tracking major economic news releases?

    -Tracking major economic news releases allows traders to plan their week, avoid taking trades during volatile news events, and potentially take advantage of opportunities around news releases.

  • What is the reference point for the closing price level?

    -The closing price level reference point is the previous Friday's close at 4:59pm New York time.

  • What quote is mentioned regarding range expansion?

    -Paul Tudor Jones' quote: "When you get a range expansion, the market is sending you a very loud, clear signal that the market is getting ready to move in the direction of that expansion."

  • What setups are ideal for a Monday?

    -On Mondays, ideal setups are 3-session setups that involve other timeframe traders and have broken through one of the previous day's higher low levels.

  • What was the best Tuesday setup highlighted?

    -The DJ30 first red day setup and consequent capitulation for over 75 pips prior to major economic news.

  • What was the ideal crude oil setup on Wednesday?

    -The high of the week third hour reversal setup, entering one hour after the 9am open for an explosive move.

Outlines

00:00

📈 Einführung in Handelsstrategien und Routinen

Der erste Absatz führt zwei Schlüsselressourcen für Trader ein: die 'Vier-Schritt-Methode für leistungsstarkes Handeln' und die 'Sieben-Schritt-Tagesroutine für leistungsstarke Trader', beides kostenlose Downloads, die darauf abzielen, die Mentalität und die täglichen Gewohnheiten von Tradern zu verbessern. Trader Stacy Burke erläutert die Bedeutung dieser Ressourcen für die Entwicklung eines disziplinierten Ansatzes im Handel, die Steigerung des Selbstvertrauens und die Fähigkeit, Handelsstrategien effektiv umzusetzen. Er hebt die Wichtigkeit der Preisverhaltensanalyse und die Identifizierung optimaler Handelssetups innerhalb eines vorgegebenen Playbooks hervor.

05:02

🔍 Detaillierte Handelsstrategien und Marktanalyse

Im zweiten Abschnitt vertieft Stacy Burke spezifische Handelsstrategien und -szenarien, darunter die Bedeutung der Eröffnungsrange, der anfänglichen Bilanz und der Reaktion auf Wirtschaftsnachrichten. Er betont die Relevanz von Drei-Tage-Setups, Eröffnungsbereichen und der Analyse des Marktverhaltens in Bezug auf wichtige Preispunkte. Burke erläutert verschiedene Marktszenarien, die Trader nutzen können, um asymmetrische Risiko-Ertrags-Chancen zu erkennen, und betont die Wichtigkeit, große Wirtschaftsnachrichten im Auge zu behalten, um die besten Handelsentscheidungen zu treffen.

10:05

📊 Anwendung von Handelsstrategien in der Praxis

Dieser Absatz beschreibt, wie Trader spezifische Handelsgelegenheiten identifizieren und nutzen können, indem sie verschiedene Zeitrahmen und Preisniveaus berücksichtigen. Burke beschreibt detailliert, wie man am besten Handelsmöglichkeiten am Montag erkennt und nutzt, insbesondere unter Einbeziehung von Öl als Beispiel. Er diskutiert die Bedeutung des Verständnisses von Preisaktionen und der Identifizierung von Schlüsselniveaus, die während der Woche eine Rolle spielen, und wie diese zur Identifizierung potenzieller Handelssetups verwendet werden können.

15:06

📉 Fortgeschrittene Handelsstrategien und Marktverhalten

In diesem Abschnitt erörtert Burke fortgeschrittene Handelsstrategien und die Analyse von Marktverhalten, insbesondere im Hinblick auf das Timing und die Identifizierung von Wendepunkten im Markt. Er verwendet Beispiele aus dem realen Handel, um zu zeigen, wie Trader Preisbewegungen und Marktstrukturen analysieren können, um opportunistische Handelsentscheidungen zu treffen. Burke diskutiert spezifische Strategien wie die 'First Red Day'-Strategie und wie solche Strategien genutzt werden können, um signifikante Gewinne aus Marktbewegungen zu erzielen.

20:06

🔑 Schlüsselstrategien für die Marktanalyse und den Handel

Der fünfte Abschnitt vertieft spezifische Handelsstrategien und die Anwendung der Marktanalyse zur Identifizierung von Handelsmöglichkeiten. Burke betont die Wichtigkeit der Analyse von Preisstrukturen und Marktreaktionen auf wirtschaftliche Nachrichten. Er diskutiert verschiedene Handelsszenarien, einschließlich 'Pump and Dump'-Setups, und wie Trader diese zu ihrem Vorteil nutzen können. Dieser Abschnitt hebt auch die Bedeutung des Verständnisses und der Nutzung von Preisniveaus und Marktstrukturen für erfolgreiche Handelsentscheidungen hervor.

25:07

🚀 Erkennung und Ausnutzung von Handelsgelegenheiten

In diesem Abschnitt konzentriert sich Burke auf die Erkennung und Ausnutzung von Marktgelegenheiten durch die Analyse von Preisaktionen und Marktstrukturen. Er beschreibt, wie Trader parabolische Bewegungen und Marktausweitungen erkennen und darauf reagieren können, um ihre Handelsziele zu erreichen. Burke betont die Bedeutung der Anwendung von Handelsstrategien innerhalb bestimmter Marktstrukturen und wie das Verständnis von Schlüsselniveaus und Preisbewegungen zu erfolgreichen Handelsentscheidungen führen kann.

30:08

📚 Zusammenfassung und Schlussfolgerungen für effektive Handelsstrategien

Der letzte Abschnitt fasst die wichtigsten Punkte der Diskussion zusammen und betont die Bedeutung der Anwendung solider Handelsprinzipien und -strategien. Burke reflektiert über die Bedeutung des Wartens auf die richtigen Handelsgelegenheiten und die Vermeidung von übereilten Entscheidungen. Er schließt mit der Botschaft, dass durch die Anwendung konsistenter Handelsroutinen und das Lernen aus den täglichen Handelsaktivitäten Händler ihre Fähigkeiten verbessern und erfolgreicher im Markt agieren können.

Mindmap

Keywords

💡Hochleistungshandel

Hochleistungshandel bezieht sich auf die Praktiken und Routinen, die Händler anwenden, um ihre Leistung auf den Finanzmärkten zu maximieren. Im Video wird betont, wie wichtig es ist, einen mentalen Rahmen und tägliche Routinen zu entwickeln, um das Vertrauen und die Fähigkeit zu steigern, Handelsstrategien effektiv umzusetzen. Dies umfasst die Entwicklung der richtigen Einstellung und das Verfolgen einer siebenschrittigen täglichen Routine, um Disziplin zu fördern und eine Gewinnermentalität zu entwickeln.

💡Handelskante

Die Handelskante ist das, was einem Händler einen Vorteil gegenüber anderen Marktteilnehmern verschafft. Es kann sich um eine spezifische Strategie, Marktkenntnisse oder eine Technik handeln, die es dem Händler ermöglicht, profitable Trades zu identifizieren und durchzuführen. Im Video wird hervorgehoben, wie essenziell es ist, an dieser Kante zu arbeiten und sie in einer Live-Handelsumgebung konsequent auszuführen, um Erfolg zu haben.

💡Preisverhalten

Preisverhalten bezieht sich auf die Art und Weise, wie sich Preise auf den Finanzmärkten bewegen und verändern. Das Verständnis des Preisverhaltens ist entscheidend, um Handelsmöglichkeiten zu erkennen und zu nutzen. Im Video wird besprochen, wie das Verhalten von Preisen dazu beitragen kann, die besten Handelssetups im 'Playbook' zu verstehen und wie man dieses Wissen nutzt, um die eigenen Handelsfähigkeiten zu verbessern.

💡Risiko-Ertrags-Verhältnis

Das Risiko-Ertrags-Verhältnis ist ein grundlegendes Konzept im Handel, das das potenzielle Risiko eines Trades im Vergleich zum potenziellen Gewinn bewertet. Ein gutes Risiko-Ertrags-Verhältnis ist entscheidend für eine erfolgreiche Handelsstrategie. Im Video wird erklärt, wie das Ziel, asymmetrische Risiko-Ertrags-Verhältnisse zu erreichen, bei der Identifizierung von Handelsmöglichkeiten hilft, die eine hohe Belohnung bei relativ geringem Risiko bieten.

💡Zeitrahmen

Zeitrahmen im Handel beziehen sich auf die Dauer, über die Preisbewegungen betrachtet werden, wie z.B. Minuten, Stunden, Tage oder Wochen. Die Wahl des Zeitrahmens hat einen erheblichen Einfluss auf die Handelsstrategie und -entscheidungen. Im Video wird die Bedeutung des Verständnisses verschiedener Zeitrahmen und deren Einfluss auf Handelsentscheidungen hervorgehoben, um die Wirksamkeit der Handelsstrategie zu maximieren.

💡Parabolische Bewegungen

Parabolische Bewegungen bezeichnen eine extrem schnelle und starke Preisbewegung in eine Richtung, oft gefolgt von einer ebenso schnellen Umkehr. Diese Bewegungen bieten Händlern die Möglichkeit, von schnellen Preisschwankungen zu profitieren. Im Video wird auf die Identifizierung und das Handeln solcher Bewegungen eingegangen, um asymmetrische Risiko-Ertrags-Möglichkeiten zu nutzen.

💡Marktstruktur

Marktstruktur bezieht sich auf die Organisation eines Marktes, einschließlich seiner Regeln, Teilnehmer und wie Trades ausgeführt werden. Ein tiefes Verständnis der Marktstruktur ermöglicht es Händlern, besser zu verstehen, wie Preisbewegungen zustande kommen und wie man diese Informationen für erfolgreiche Trades nutzen kann. Im Video wird die Marktstruktur als wesentlicher Faktor für das Verständnis des Preisverhaltens und der Entwicklung effektiver Handelsstrategien diskutiert.

💡Wirtschaftsnachrichten

Wirtschaftsnachrichten sind Berichte und Datenveröffentlichungen, die wichtige Informationen über die wirtschaftliche Leistung eines Landes oder einer Region liefern. Diese können erhebliche Auswirkungen auf die Finanzmärkte haben. Im Video wird die Bedeutung des Verständnisses und der Berücksichtigung von Wirtschaftsnachrichten bei der Planung von Handelsstrategien betont, insbesondere um Risiken zu vermeiden und von marktbewegenden Ereignissen zu profitieren.

💡Eröffnungsbereich

Der Eröffnungsbereich ist ein Konzept im Handel, das sich auf die Preisspanne bezieht, innerhalb derer ein Wertpapier kurz nach der Markteröffnung gehandelt wird. Dieser Bereich kann wichtige Hinweise auf die Marktstimmung und potenzielle Preisbewegungen für den restlichen Handelstag geben. Im Video wird die Analyse des Eröffnungsbereichs als Teil der Strategie zur Identifizierung der besten Handelsmöglichkeiten besprochen.

💡Handelspsychologie

Handelspsychologie bezieht sich auf die mentalen und emotionalen Aspekte, die das Verhalten von Händlern auf den Finanzmärkten beeinflussen. Ein gutes Verständnis der Handelspsychologie ist entscheidend, um emotionale Entscheidungen zu vermeiden und diszipliniert zu bleiben. Im Video wird die Bedeutung der Handelspsychologie hervorgehoben, insbesondere im Zusammenhang mit der Entwicklung der richtigen Einstellung und Routinen für Hochleistungshandel.

Highlights

Discusses the 4 steps to high trading performance and 7 steps to a trader's daily routine

References playlist for trade setup templates, levels, timing, price behavior

Talks about daily and multi-day setups like inside days, first green/red days, 3 session setups

Mentions importance of major economic news events and avoiding trading during volatile releases

Explains opening range, initial balance levels that act as magnets for price to work off of

Discusses opportunity on Monday in oil with 3 session setup after expanding range on downside

Identifies Tuesday first red day peak formation high in Dow for short setup and capitulation

Highlights crude oil's day 3 long setup on Wednesday for parabolic move, avoiding volatile inventory news

Notes DJ30 day 3 short for session reversal after red news and clearing shorter-term longs

Explains Japanese yen's multi-day Asian session short forThursday with range expansion setup

Mentions low-hanging fruit long in pound/yen on Thursday after news, for continuation move

Discusses gold's multi-day setup into Wednesday's long, Thursday's catalyst long, Friday's continuation

Transcripts

play00:09

the four-step method to high performance

play00:11

trading and the seven-step daily routine

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for high performance Traders are both

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free downloads the four-step method for

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high performance trading is about de

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developing the mindset and the routines

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to increase your confidence and your

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ability to execute your trading Edge in

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a live trading environment constant

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progress seven-step daily routine for

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high performance Traders is an audio

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program download designed to help

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Traders bulletproof their day-to-day

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habits discipline and develop a winning

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mindset again the link is in the

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description box below they're free

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downloads let's get started just

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reminding Traders if they're new to this

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Channel or if this is the first time

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you've seen this video If you go to this

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playlist everything you need is in this

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playlist as it is titled we go over the

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templates the timings the levels the

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behavior of price this will help to

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bulletproof your understanding of the

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best trade setups in the Playbook again

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these are free videos on the YouTube

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channel to support and enhance the

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skills and the development of your

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trading prowess within the Playbook

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itself everything you need is in this

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playlist Trader Stacy Burke from Stacy

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Burke trading today I'm going to be

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reviewing uh a couple of Concepts uh I'm

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going to try and do an extended video

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that I'll uh put inside of the course

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the Playbook and and hopefully be

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updating some material very shortly uh

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but I want to review some things today

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that will hopefully cement things a

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little clearer now we've talked about

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the importance of other time frame

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Traders the three levels that each and

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every Trader has every day when they

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come to the markets and I talk about

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when the week starts on our Monday that

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price begins to auction from our Clos

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closing price level now we can see

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markets pump up and expand the range on

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the upside we this could be a Monday we

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can see the markets dump down on a

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Tuesday and expand the range on the

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downside and that can create our initial

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balance that's one type of scenario a

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day one day two we can see a market that

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stays above closing price on our Monday

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and breaks higher on day two making

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higher highs and still be above closing

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price level but eventually that will

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form a box whether that's a Monday

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Tuesday Wednesday box that gives us a

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lower low for a

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potential pump and dump opportunity

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that's a 3-day setup that's one type of

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scenario this could also be a three

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session setup Asia London makes a lower

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low and then the US session goes

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parabolic on a day a three session setup

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The Playbook we talk about about opening

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range initial balance news calendar the

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importance of avoiding major red news

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we'll talk about that briefly as well

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three-day setups first Green Day first

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red day inside days three session setups

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and day Zero setups a day Zero setup is

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an opportunity that can present where we

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have a box that forms Peak formation

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high peak formation low consolidation

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inside for a potential range expansion

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opportunity that is a measured distance

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of that larger template this is where

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we're targeting asymmetrical risk reward

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we could be risking 15 to 20 Pips

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depending on what you're trading and

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targeting 50 100 300 as we saw today on

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Gold uh for that measured move

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opportunity whereas gold today kept

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going and expanding the range for well

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over 300 Pips so we've talked about

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first Green Day we can get an opening

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range an initial balance an inside day

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that forms a first Green Day that could

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also then become a breakout that breaks

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out maybe in the Asian session or

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continues in the London window breaking

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out of that geometrical structure and

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you can get a range expansion depending

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on the session that you're trading as we

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may see this Market move in range

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expansion but it may not offer a trade

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opportunity in the US window as we are

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still on the front side of this move we

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can see markets form

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that day Zero template or a box over the

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first two or 3 days we can have an

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inside day in there as well and we may

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eventually see a market make a higher

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high and pull back a dump and pump

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template for a range expansion we can

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see a market pump up and break down

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forming a first red day for another

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potential parabolic collapse and break

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out of a larger geometrical structure

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again this larger structure is where we

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can Target asymmetrical risk reward so

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again we're accelerating into the move

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in a range expansion and these are the

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types of situations where Traders can

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get caught trying to counter Trend a

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market that is now going on a measured

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move range

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expansion we've talked about day three

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Longs in the market day three shorts

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first red Day first Green Day the inside

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day parabolic trend trades three sessing

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setups parabolic short squeezes

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uh low hanging fruit and first balce

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opportunities we will look at some

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examples of those specifically from this

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week and just to review the weekly

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template Monday is day one that is the

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opening range of the week Tuesday's day

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two Wednesday is day three and the

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midpoint range of the week day one day

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two day three that resets and becomes

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our new day one heading into our closing

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range of the week Thursday is day two

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and Friday again is day three and the

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closing range of our week so Thursday

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Friday can establish the boundaries as

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we head into our new week so each

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instruments going to have a different

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type of template my job as a Trader is

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to find the template that offers me the

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best setup and the best daily setup

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template on the day in the session that

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I'm trading and as I've mentioned 90% of

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my trades are in the US session uh but

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this week we had some fantastic

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opportunities in the Asian session which

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we will look at today reminding traders

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that there are some simple parabolic

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opportunities in each of the three

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sessions as we get to our day three on

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free cash Friday uh looking for that

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closing range of the week to potentially

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offer us some larger parabolic

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opportunities and today was the first

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day of a new trading month again

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reinforcing the importance of timing

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from The Playbook the beginning of a new

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15minute candle the beginning of a new

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hourly candle a 4H hour candle a new day

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a new week or a new month and of course

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a brand new year these are all

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significant timing Cycles obviously the

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larger macro Cycles are very important

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today the beginning of a new month which

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is a new timing cycle I get my major

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economic red news from Forex Factory

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which you can just go to

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forexfactory.com and that shows us

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what's on major news released for the

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calendar for the upcoming week and you

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can potentially map out your week uh for

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where we're going to end up on Friday

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and we can see how some potential

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currency pairs or cross rates will play

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out in relation to Major red news or

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potentially offer us opportunities as

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well as on the indexes gold and oil

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depending on what type of news is on the

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calendar I just want to remind everybody

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that these levels are what every Trader

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has coming into the new day now people

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have asked me what is the reference

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point for closing price um well Friday

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for 459 p.m. New York time is the

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closing price time now I know that some

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markets uh the indexes close at 400 p.m.

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uh but they'll there'll be a closing

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price in most cases specifically at the

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459 p.m. level uh but regardless uh the

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significance is having that level when

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the new week starts and that's where

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price will begin to auction back and

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forth from over the course of the week

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we can get markets that will trade lower

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and that level can act as a magnet now

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sometimes we'll see a range expansion

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per perhaps on our opening range we may

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see Monday pump up and close and close

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up higher and the market can continue

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higher that closing price level can be

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significant but so is the weekly level

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as the market trades as it begins its

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new trading in the new week this is the

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reference point that everything starts

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to work back and forth from so when I

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make the comment to Traders about not

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chasing

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candles understanding that until we get

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our bigger box set up for either selling

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or buying if we indeed have a setup this

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level is what is Paramount in terms of

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what the market is establishing our

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boundaries from in the new week the

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absence of major red news being on the

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schedule these are the starting times

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for these instruments and their

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markets uh so we have currencies in gold

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and bonds beginning at 8:20 a.m. crude

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oil 9:00 a.m. and New York Equity

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markets 9:30 a.m. and what that means

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what the fugazi means is that I don't

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view anything except my three levels and

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when these markets open if the markets

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have broken outside of those levels and

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they open outside of those ranges during

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these times then I refer you back to

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Dalton Mind Over markets Market profile

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understanding when a Market opens

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outside of the previous day range in

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those timing Windows now if we have

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major red news on the calendar and it's

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after those opening times that major red

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news timing is specific for me to begin

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my day I don't trade before the news I

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am not in the market during

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news uh and that goes for any type of

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major red news so I refer you back to

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Paul tutor Jones's quote always think of

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your entry point as last night's close

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now on a Monday uh the last night's

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close is the previous close of the week

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and if we are looking for a best trade

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candidate it's a three session setup in

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most cases I want it to involve other

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time frame Traders on a Monday which

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means that we will have broken or traded

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to or through one of the previous days

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higher low levels on Monday Traders had

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a best trade candidate opportunity on

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West Texas oil so remember again we have

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our closing range of the week which is

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our Friday pink line is our dividing

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line between between Friday and Monday

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we've traded below closing price level

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on our Monday we'll zoom in on this a

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little bit closer we've broken outside

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of the previous day low of day boundary

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that's our blue dotted line the green

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line is our closing price level and we

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have a market that opens up at 9:00 a.m.

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New York time which is our candle just

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to the right our 9:00 a.m.

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engulfment we can put our Universal EMA

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on here from The Playbook

play11:30

and we would be targeting asymmetrical

play11:33

risk reward from closing price to the

play11:37

expanded range low of day for at least

play11:42

100 or if the market continues to run a

play11:45

200% expansion of the range as a

play11:48

potential profit Target if the market

play11:51

hasn't got there or it starts to extend

play11:53

in the timing window we can always

play11:56

follow this up with a trailer to take us

play11:59

out of the market as it approaches that

play12:01

level that's a Monday best trade

play12:03

candidate a three session setup and

play12:05

you'll also notice if we back this chart

play12:08

up we have a closing range that started

play12:11

on Thursday which gives us a three day

play12:15

template for a reever parabolic reversal

play12:19

best trade candidate on Monday free cash

play12:22

Monday now on Tuesday we had major red

play12:25

news at 8:30 and 10 a.m. durable goods

play12:30

and consumer confidence 8:30 a.m. and

play12:32

10:00 a.m. uh New York index is open at

play12:35

9:30 and that is plenty of time if there

play12:38

is a best trade candidate to either have

play12:42

a nail and bail opportunity or to

play12:45

potentially be in a move that can

play12:47

capitulate prior to the news or a

play12:50

currency opportunity if indeed it

play12:52

presents now the dj30 gave us a first

play12:55

red day on Monday first red day on page

play12:58

six in the play Playbook uh sorry page

play13:00

58 in the Playbook is a day that closes

play13:03

below the open after a peak formation

play13:06

High has been made now occasionally we

play13:09

can have an inside day that gives us a

play13:10

first red day but it will coincide with

play13:12

a pump day the main thing to understand

play13:14

about a signal day is is that it merely

play13:17

brings our attention to that instrument

play13:18

and then how does price set up on the

play13:20

day so first red day is a high of

play13:23

session high of day selling opportunity

play13:26

if indeed it presents and on Monday we

play13:27

had a first red day that made a peak

play13:29

formation high now remember what I said

play13:32

about closing price of the week uh the

play13:35

price auctioned above closing price of

play13:37

the week Monday is our new week our new

play13:38

first opening range of the week we

play13:41

traded underneath of that closing price

play13:43

on Tuesday before breaking down the

play13:46

current before the New York session

play13:47

opens below the current closing price of

play13:51

Monday so we' made a lower close on

play13:54

Monday that's the first red day signal

play13:56

we've pumped up prior to our our us

play13:59

session opening we've broken down below

play14:01

closing price and Consolidated but I

play14:04

want to bring Traders attention to a

play14:05

couple of things here uh again Paul

play14:08

tutor Jones's quote about a range

play14:11

expansion when you get a range expansion

play14:13

the market is sending you a very loud

play14:15

clear signal that the market is getting

play14:17

ready to move in the direction of that

play14:19

expansion Paul tutor Jones Friday's our

play14:22

closing range of the week Monday is our

play14:24

opening range of the week and our

play14:27

closing price on on Tuesday is also

play14:32

below Thursday's closing price and we

play14:36

have 3 days of volume trap so I

play14:39

mentioned earlier today we have Monday

play14:41

Tuesday Wednesday 3-day setups we have

play14:45

Friday Monday Tuesday if we have a 3-day

play14:48

setup potentially setting up on a

play14:51

Tuesday day two in our new Monday

play14:53

Wednesday Friday template if we put our

play14:56

Universal EMA on here we are inside of

play15:00

our Universal EMA this is a 15-minute

play15:02

chart now if Traders enter this trade at

play15:05

the open at the low of Day level

play15:08

remember timings levels behavior of

play15:10

price on the close of the second candle

play15:14

this is a 5 minute chart this is a 75

play15:17

pit move in 10 minutes on a capitulation

play15:19

on day two so I I wanted to point out

play15:23

referring to Paul tutor Jones we're on

play15:24

day two we're expanding the range we

play15:26

have markets that are indica to us that

play15:30

they are potentially going to expand the

play15:32

range it's a first red day trade setup

play15:36

for a range expansion and if we back our

play15:38

timing up again we have Friday Monday

play15:42

Tuesday a 3-day setup blowing off in the

play15:45

direction of that creep a first red day

play15:49

signal at the New York open and out of

play15:51

the market minimum of 75 Pips prior to

play15:55

Major red news obviously if Traders

play15:57

stayed into that market and held on to

play15:59

it there was more but they also run the

play16:01

risk of a market potentially maybe

play16:04

spiking back up uh so in my perspective

play16:08

my approach to the markets is to be out

play16:09

of the market with the money locked into

play16:11

my account prior to Major red news first

play16:14

red day trade on Tuesday for a easy free

play16:18

cash stressfree opportunity on the Dow

play16:21

Jones 30 if we had projected a range

play16:24

expansion as a potential Target prior to

play16:26

Major red news it still took a out of

play16:28

proximately at the same level for a 100%

play16:30

expansion of the range that market

play16:32

continued to do a second full expansion

play16:34

on the news release but out of the

play16:37

market in 10 minutes with 75 Pips in a

play16:39

first red day coil for a parabolic

play16:43

explosion on Wednesday we had major red

play16:45

news at 8:30 prelim GDP on Wednesday we

play16:49

had a high of the week third hour

play16:51

reversal 1 hour after the 9:00 a.m. open

play16:55

on West Texas or spot crude this is a

play16:58

three session setup and even with our

play17:01

15-minute chart we just have an

play17:03

engulfment we're out of balance when the

play17:05

Market opens up at 9:00 a.m. The Market

play17:07

opens and goes higher and you'll notice

play17:10

we have uh 1 hour to the high before

play17:13

engulfing and that starts our new 4-Hour

play17:16

candle oil opens up 1 hour later and our

play17:19

4-Hour cycle starts at that 10: a.m.

play17:23

rotation we have an engulfment a one bar

play17:26

stop targeting back inside of the range

play17:29

to where breakout Traders started at

play17:32

8:00 a.m. and you'll notice again the

play17:34

pump and dump

play17:36

template the move that started from the

play17:40

lows of London is a breakout

play17:44

pullback continuation to the high so

play17:47

this Market has broken out on Tuesday

play17:49

pulled back to that level and as I

play17:52

mentioned earlier this week Traders will

play17:54

also notice that that level on day three

play17:57

coincides with 50% % and so there were

play17:59

opportunities on the front side of that

play18:01

move at the beginning of the 8: a.m.

play18:02

hour for Traders that were looking for

play18:04

that opportunity this is a 15-minute

play18:06

chart for the parabolic explosive move

play18:09

to the high of the week so backing this

play18:11

up stair stepping again day one day two

play18:16

day three blowing off in the direction

play18:18

of the trend a day three parabolic

play18:21

blowoff and a day 33 session reversal at

play18:25

the beginning of the new hour and the

play18:26

new 4-Hour timing cycle and if we zoom

play18:29

in on our one minute chart once you

play18:31

understand the importance of timing and

play18:34

the levels and the fact that this Market

play18:35

is now out of balance and we're on day

play18:38

three we have front side and we have our

play18:41

backside beginning of that new hour

play18:44

We're on a smaller time frame this

play18:45

Market is now breaking down at the

play18:47

beginning of our new hour lower lows

play18:50

lower highs coiling inside of our EMA

play18:53

underneath of the breakout level we'll

play18:56

just highlight this again for Traders

play18:58

lower lows lower highs before dumping

play19:02

down to the high of Day level and then

play19:05

pumping back up and coiling for an

play19:07

explosive move from the high of Day

play19:10

level to the low of day breakout level

play19:14

the 50% level again at where that move

play19:17

began now we had crude oil inventories

play19:19

on Wednesday at 10:30 a.m. so in my case

play19:23

I would have stayed out of this Market

play19:24

until after inventories were released

play19:27

were already breaking down we've broken

play19:28

down to the high Day level we have

play19:31

inventories being released at 10:30 a.m.

play19:34

and the point of staying out of the

play19:35

market until after these releases is

play19:37

that I have no idea what these markets

play19:39

could do they could Spike high they

play19:40

could Spike low they can widen the

play19:42

spreads uh they could uh do anything

play19:45

they want now if I'm trading this Market

play19:48

how could I possibly have any size on

play19:50

that when there's about to be a major

play19:52

news release so in my case I wait we've

play19:54

already our thesises that we've already

play19:56

locked in the high of the day they pump

play19:58

it up pump it up pump it up and the new

play20:00

hour starts the new hour starts and

play20:04

we're back inside of our coil at the

play20:05

high of Day level in an already broken

play20:08

down market after the inventories is

play20:11

released we have a pump and dump

play20:13

template into the new hour for the easy

play20:17

collapse back into where that move

play20:20

started no stress no heat after the news

play20:23

one bar stop and an opportunity to

play20:25

potentially be adding in as this Market

play20:28

accelerating into that blowoff move we

play20:31

also had an opportunity on the dj30 uh

play20:35

low of the week I'll back this up onto

play20:36

our 15minute chart day one day two our

play20:40

first red Day short trade and day three

play20:43

breaking out and expanding the range on

play20:46

the

play20:47

downside New York open blows off through

play20:50

the low of the week taking Traders down

play20:52

into the low of the week before

play20:55

engulfing pulling back and jamming back

play20:59

down into the low of peak formation low

play21:01

level our new hour starts and we have an

play21:06

engulfment a pin hammer and then another

play21:09

pin hammer

play21:11

engulfment for our entry back in a short

play21:14

squeeze parabolic setup back not only

play21:17

through the high of the session the

play21:19

first hour session but into lower level

play21:23

shorts from the London window if we just

play21:26

drag this across in my situation I just

play21:30

take a projection of the high and the

play21:32

low as a PO potential profit Target or

play21:36

the level that is hit first the lower

play21:40

Peak formation highs that London makes

play21:42

on the way down are areas where this

play21:45

trade can

play21:46

fail and new timing cycle as we get

play21:49

towards the end of the hour locking in

play21:52

the

play21:53

profits as this trade has hit the high

play21:57

of the session and cleared out those

play21:59

lower level shorts but an excellent

play22:01

reversal opportunity session three

play22:04

session setup uh New York open after

play22:06

major red news for a parabolic reversal

play22:09

trade on the dj30 on Wednesday looking

play22:11

at the Japanese Yen and as I mentioned

play22:13

earlier in the video I talked about the

play22:15

closing price of the week so again this

play22:17

is our Monday Friday dividing area as

play22:20

the week opens we auction around closing

play22:23

price the market establishes the opening

play22:25

range we have a range expansion on the

play22:27

up

play22:28

upside and on day two the market

play22:32

auctions down and puts a lower low on

play22:35

the downside so we now have our opening

play22:37

range and initial balance we've expanded

play22:39

the range on the upper portion of our

play22:41

closed Friday's closing range and we've

play22:44

expanded the boundaries on the lower

play22:46

portion of our opening range as well as

play22:49

Friday's closing range on the downside a

play22:51

higher high in a lower low that lower

play22:53

low now acts as a pump up into our

play22:56

Monday's closing range level so our our

play23:00

closing range of the week is our

play23:03

starting point Monday has put in a

play23:06

ceiling if you will I call it a ceiling

play23:09

because price auctions up into that

play23:11

level and on Thursday we have a

play23:14

fantastic

play23:16

opportunity for the short trade in the

play23:20

Asian session a 3-day setup a pump and

play23:24

dump template for a range expans

play23:28

Target on Thursday's Asian session when

play23:31

we have a market that is offering us

play23:33

that range expansion opportunity we can

play23:35

project that consolidation high low

play23:38

level the volume above Tuesday's closing

play23:42

price now can act as a neckline for

play23:45

trapping volume up top into our high of

play23:48

the week opening range level for a range

play23:51

expansion opportunity a parabolic range

play23:54

expansion opportunity in the Asian

play23:56

window now several Asian pairs offered

play23:58

this setup uh this is the Japanese Yen

play24:02

you can go back and look at the same

play24:03

types of opportunities but this is the

play24:06

larger template day one day two day

play24:09

three a day Zero opportunity Peak

play24:12

formation high peak formation low lower

play24:15

lows we expanded the range on the upside

play24:17

expanded the range on the downside we we

play24:20

now have a pump and dump template coiled

play24:24

into the open of the Asian session so

play24:27

traders that are Savvy and they

play24:29

recognize this template forming and

play24:31

they're trading the Asian session this

play24:33

is a fantastic opportunity for a

play24:36

parabolic opport a parabolic trade setup

play24:39

that is not coming back in that session

play24:43

now this pair also offered us lwh

play24:46

hanging fruit trade after major red news

play24:48

at the New York open as did the other

play24:51

pairs uh in

play24:53

retrospect the some of the other cross

play24:56

rates offered a much cleaner off

play24:57

opportunity for the loow hanging fruit

play25:00

and of course this pair offered a

play25:02

reversal trade in the third hour taking

play25:06

uh back the low of Day level and going

play25:09

parabolic in the Asian session we're

play25:11

going to look at a couple of different

play25:12

scenarios that occurred with these pairs

play25:15

uh but the parabolic blowoff again

play25:18

looking at the larger template

play25:21

understanding that the weekly closing

play25:23

price level we are underneath of that

play25:26

when the Asian session opens remember

play25:28

the three levels that everything works

play25:30

from Traders are looking at candles

play25:32

everything else look at the larger

play25:34

templates for these asymmetrical risk

play25:37

reward opportunities I'll point this out

play25:40

this is a one bar stop this trade

play25:42

offered Traders significant return on

play25:45

risk with zero almost zero probability

play25:49

of this trade coming back the pound yen

play25:52

is another pair uh just in similar we'll

play25:54

just look at this briefly point this out

play25:57

the trader so again we have our opening

play25:58

range we just back this up we triggered

play26:02

highs Longs at the opening range uh

play26:05

triggering highs of the closing Range

play26:08

High but if we take our closing price

play26:10

now and project this across we had an

play26:12

inside day on Tuesday inside day lower

play26:16

lows on Wednesday day three lower lows

play26:21

remember these are not failed breakouts

play26:23

we not we have not taken out the other

play26:25

side of range lower low is a range EXP

play26:28

expansion offering us a pump and dump

play26:31

coil for a parabolic move underneath of

play26:34

the closing price of the week so again

play26:37

recognize that this is an auction level

play26:40

establishing our boundaries creating a

play26:43

larger consolidation box price is always

play26:46

in a

play26:48

box these are the types of opportunities

play26:51

that I'm targeting when we get our range

play26:53

expansion opportunities that we can

play26:55

project profit targets to for those

play26:58

breakout trade opportunities on Thursday

play27:01

we had a great low hanging fruit

play27:03

opportunity after major red news 8:30

play27:06

a.m. we had uh Canadian GDP we also had

play27:10

core pce and unemployment claims uh 8:30

play27:15

a.m. New York time this Market had

play27:18

pumped up Monday Tuesday Wednesday moved

play27:21

higher we're at the high of the week

play27:23

level on Thursday when our us session

play27:27

starts we have major red news at 8:30 so

play27:31

waiting for after the news heading into

play27:33

our New York window Traders had the

play27:35

opportunity for a loow hanging fruit

play27:37

continuation trade loow hanging fruit

play27:39

page 96 in the Playbook a trend

play27:41

continuation opportunity on our 5-minute

play27:44

chart we have a 10 11 Pips stop

play27:46

targeting 40 to 45 Pips of profit Target

play27:49

zero heat no stress a low hanging fruit

play27:51

continuation trade on the reversal on

play27:54

Thursday day two three session setup so

play27:57

we have as London and New York blowing

play27:59

off on the major red news pulling back

play28:01

into our New York open for the easy

play28:04

collapse on New York open that brings us

play28:07

to

play28:08

Gold uh this is a 30-minute chart and I

play28:11

want to point something out to traders

play28:12

that uh regardless of the time frame so

play28:15

Traders are always asking me can we you

play28:18

know how well how can I trade a 4H hour

play28:20

chart because I can't check the charts

play28:21

how about a can you show us a daily

play28:23

system an hourly system uh these levels

play28:25

are the same no matter what time frame

play28:27

you have on the chart I could have a 1

play28:29

minute chart an hourly chart a 4 Hour

play28:31

chart a 30 minute chart um but closing

play28:35

price high of day low of day high of

play28:38

week low of week levels are the same

play28:41

they don't change because of the time

play28:43

frame so I I want to impress upon

play28:45

traders that it's about the template and

play28:47

the type of setups not the time frame

play28:50

the levels the timings behavior of price

play28:52

so if we come back to our original

play28:54

template Friday is the closing range of

play28:57

the week Mondays day one the opening

play28:58

range of the week Tuesdays day two

play29:00

Wednesdays day three and that resets and

play29:03

becomes a new day one heading into our

play29:05

closing range of the week so our closing

play29:08

range establishes boundaries potentially

play29:10

in our new week for our opening range

play29:13

and those templates now our closing

play29:16

range on Friday established a peak

play29:19

formation low and a peak formation high

play29:21

that was an outside day that creates a

play29:23

day Zero potential template that's the

play29:26

peak formation high peak formation low

play29:28

consolidation opportunity a zero page 84

play29:31

in the Playbook and you've heard me

play29:33

reference Peter Brandt the purpose of me

play29:35

looking for these larger geometrical

play29:37

structures is because of the classical

play29:39

charting range expansion opportunities

play29:43

that those when they present those types

play29:45

of opportunities present offer us

play29:47

asymmetrical risk reward range expansion

play29:50

profit Target opportunities so coming

play29:52

back to our original thesis closing

play29:56

price starts the auction process off for

play29:59

the week our opening range is an inside

play30:02

day on Monday the market makes higher

play30:05

highs on Tuesday our day two it's Paul

play30:08

tutor Jones says when you get a range

play30:10

expansion the market is sending you a

play30:12

very loud clear signal that the market

play30:15

is getting ready to move in the

play30:17

direction of that expansion when I

play30:19

mentioned to Traders don't get caught

play30:20

chasing candles look for the setup I'm

play30:23

referring to the larger geometrical

play30:24

structure not chasing movement of these

play30:26

candles closing price of the week is

play30:28

where our auction process begins we've

play30:30

established our boundaries after Monday

play30:34

the opening range and initial balance

play30:36

are in place heading into Wednesday day

play30:39

three which is why I emphasize the

play30:42

importance of the opening range and

play30:43

initial balance for every instrument not

play30:45

just gold the same setups will apply on

play30:48

any instrument at varying times whenever

play30:52

but when these types of opportunities

play30:54

present they can offer us very very

play30:56

significant risk risk reward

play30:57

opportunities we have a market now that

play31:00

has broken higher above the opening

play31:04

range on day three on our Wednesday with

play31:07

a parabolic opportunity for London

play31:09

session Traders again a session

play31:11

opportunity and then we had a uh first

play31:15

bar trade on major red news on Thursday

play31:19

on uh our news Catalyst opportunity on

play31:21

Thursday so I want you to go back and

play31:23

look at this closing price level again

play31:26

beginning the week we have gone down to

play31:29

the low of the week we've closed now

play31:31

above the range from the previous day

play31:34

we've auctioned lower down first we've

play31:36

we haven't taken out the high of Day

play31:38

level we've dumped it down prior to

play31:40

Major red news our first bar candle

play31:43

traps volume remember the four types of

play31:46

candles that I talk about we trapped all

play31:49

this lower level of volume on the major

play31:52

red news release core pce we had higher

play31:55

highs on day two on our initial balance

play31:57

that higher highs above closing price we

play32:00

are now closed above closing price not

play32:02

only of the day but of the Friday

play32:06

closing price of the week we have a news

play32:09

Catalyst momentum opportunity and if we

play32:12

project closing price from low of day

play32:15

that can give us a range expansion

play32:17

profit Target in this particular case we

play32:19

can use the closing price of the week as

play32:22

a potential Target if we do not get

play32:24

there as this trade reaches that timing

play32:27

window expiration we can be looking to

play32:30

lock in the profits this is a news

play32:32

Catalyst opportunity coinciding with

play32:36

closing price and our larger template

play32:40

day one day 2 day three coiling into a

play32:43

news Catalyst opportunity on Thursday

play32:46

day two on the backside heading into

play32:48

Friday we had major red news coming out

play32:51

at 10:00 a.m. on Friday but we now have

play32:53

a market that's broken out of a

play32:56

consolidated ascending

play32:58

triangle from the Thursday news Catalyst

play33:02

heading into our free cash Friday we've

play33:04

broken higher in London uh dumped down

play33:07

in Asia uh open of the Year possession

play33:09

pumped higher we now have a market that

play33:11

is making higher highs and higher lows

play33:14

that is a parabolic

play33:16

template heading into our us session so

play33:20

prior to our 10: a.m. news release we

play33:22

have a market that's broken out and uh

play33:25

9:45 a.m. we have a new news Catalyst

play33:27

orange news that's taken that trap

play33:30

volume and collapsed vertically and then

play33:32

the explosive 10 a.m. a news candle that

play33:36

goes back inside the high of Day level

play33:39

so we've got a market that has pumped up

play33:43

broken down and now establishing a dump

play33:45

and pump template dump coil explosive

play33:50

move after major red news we'll blow

play33:53

this up in a moment we have a first

play33:56

bounce off opportunity coiled inside of

play33:58

our EMA in a dump and pump template in a

play34:02

larger range expansion opportunity in a

play34:05

parabolic coil now if we zoom in on this

play34:09

Traders will will see that even if we go

play34:12

to our we'll just show the first bounce

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the first bounce is inside of our EMA

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this is 9 minutes after our major red

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news so when you understand the template

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the larger opportunity the timing after

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the news is least it's all systems go

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we're back inside of our EMA we are now

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targeting a potential move a minimum

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back to the high of the day but

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potentially now also a range expansion

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opportunity and as I mentioned to

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Traders on F minute chart we also had a

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first bounce so time frames are relevant

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if you understand the big picture uh you

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can have the confidence to be entering

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in and adding into this as this market

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now is going on a potential range

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expansion even at a minimum of the high

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low consolidation from that high of day

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low of us session consolidation

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rectangle as we are now on top of the

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high of the day targeting a full range

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expansion of that move so an incredible

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opportunity uh every single day this

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week we had excellent opportunities and

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there were multiple others but in the

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interest of time just pointing out

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sticking to the basics I'm looking for

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the opportunities

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that will present for a range expansion

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opportunity whether we go for 100% %

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Move Free Cash Friday uh where we're

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targeting geometrical expansions for

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asymmetrical risk reward and

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understanding the difference between

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chasing candles and scalping gaps and

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catching Pips and everything else I'm

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looking for the larger template to set

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up for potential parabolic opportunities

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where I have a 9010 best trade

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setup easy low stress rinse and repeat

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opport opportunities that show up again

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and again and again and as I mentioned

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Traders uh the the more you step back

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you wait for major red news to be

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released stick to the rinse and repeat

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opportunities that show up whether there

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are three session setups three-day

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setups for larger expansions or just

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parabolic opportunities in the session

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that you're trading for nail and bail

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types of Trades but there are best trade

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setups in almost every single session

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for to five times a week for fantastic

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scalable parabolic opportunities keep it

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simple Traders 1% better every single

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day we'll expand upon this information

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but I wanted to emphasize to traders

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that every day we had multiple

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opportunities for best trade candidates

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keep it simple do not Chase candles

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don't chase price action focus on

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trading setups have a great day and may

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the markets go with you