Trading Setups 1) Gap Down Opening Below / Cutting Across Previous Day VPL
The document outlines 8 different trading setup strategies, including looking for gap openings below previous day levels, rejections of visual pivots or trends, pattern failures on 60 minute charts, and amalgamations of patterns and time frames where failures or rejections occur across multiple time frames like 60 minutes and daily charts. The strategies focus on finding entry points around rejections of important price levels on higher time frames and then fine tuning entries and stop losses on 5 minute charts.
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Trading Setups 1) Gap Down Opening Below / Cutting Across Previous Day VPL
The document outlines 8 different trading setup strategies, including looking for gap openings below previous day levels, rejections of visual pivots or trends, pattern failures on 60 minute charts, and amalgamations of patterns and time frames where failures or rejections occur across multiple time frames like 60 minutes and daily charts. The strategies focus on finding entry points around rejections of important price levels on higher time frames and then fine tuning entries and stop losses on 5 minute charts.
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TRADING SETUPS
1) Gap down opening below / cutting across previous day VPL
2) Gap Below /Above previous day VPL / VPH and then its Rejection 3) Trend Visually Down and then VPH rejection / Visual Pivot rejection trades 60 min 4) DERL Trades 60 MIN ONE 5)DERL / Pattern failure trades 5) VPL ERL rejection Trades 6) Gap Down and 1st bearish bar failure trade 7) VPL below VPH This is almost same as VPH rejection 8) Patterns and TF amalgamation on higher TF In this we look at higher TF mostly 60 Daily view also good but I find 60 also useful here look for Failure/ rejections/ Patterns at imp levels when they amalgamate at one point... fine tune the entry on 5 min these trades generally give good move so little relaxed on SL movement mostly look at higher TF charts like 15/ 30 to move SL all charts on 60 TF