Daily revisions

Question 1

How do we trade a 4H Bullish continuation?

Answer 1

IN 4H POI:
Wait for price to tap into a 4H POI
wait for a 5M CH to align with 4H 
ID the 1M POI's in discount of the 5M range 
play 15S entry in the 1M POI's

No LQ/inducement needed

NOT IN 4H POI:
15M CH
15M well priced POI
Inducement
1M CH
1M POI
15S Confirmation

Question 2

How do we play 15M OF continuations?

Answer 2

Wait for the most recent 15M OF range to be created
ID 15M POI's
ID Inducement before real 1M CH
Wait for 1M CH in 15M POI
play 15S CH from 1M POI, enter

(If the 1M is still aligned and mitigates the only 1M POI, we don’t have to play the seconds confirmation

Question 3

What are the two things we need to see to confirm a valid CHOCH on the 15M and below? (2)

Answer 3

We need to see at least a 1 candle gap (2 candle on 4H or higher)
We need to have an opposing candle IN the gap.

Question 4

When can we enter without 15S confirmation?

Answer 4

We can enter without 15S re-alignment if the 15S and 1M is still aligned (most commonly, when they are the same swing points)

Question 5

What kind of LQ do we need to see before the 1M tradable CHOCH for 15M OF continuations?

Answer 5

1M Fake CHOCH (most common)
1M Equals 
1M Trendline LQ
15M Equals
15M Structural LQ (rare)

Question 6

What TF’s do we need to be in P/D of NON DEBATABLE?

Answer 6

The 15M, 5M, and 1M ranges all need to align in P/D.

Question 7

When analysing the break of a LOFR (5M and 15M), what questions should we ask ourselves? (3)

Answer 7

What flipped and broke the range?
What is the new P/D Zones?
What are the new POI’s?

Question 8

What do we always need for 15M continuations that we don’t need for 4H Continuations?

Answer 8

A LQ sweep/inducement.

Question 9

When can we never look for sells, and when can we never look for buys?

Answer 9

We can never look for sells in 4H demand zones, and we can never look for buys in 4H supply zones

Question 10

How can we play the 1M continuations when playing 15M OF continuations, even with no LQ before tapping the 15M POI?

Answer 10

The current 1M range becomes structural inducement for the previous 1M range’s POI.

Even if we never had LQ/inducement, we can follow 1M OF to take out the 15M OFO by taking 15S Confirmations in the previous (one higher) 1M POI/OF range. That way we have a sweep of structural LQ into
a 1M POI.

Question 11

If we are in a 4H S/D zone, and get a 5M CH which is also a 15M CH, which rules do we follow?

Answer 11

We can follow the rules for the 5M (Well priced 1M POI, 15S CHOCH within it) since we are in the 4H POI.

Question 12

What does a V-SR tell us?

Answer 12

It tells us that BFI’s have an interest in protecting that level, since only BFI’s can create the kind of movement that opposes and stops such an aggressive move

Question 13

When do you call it quits when trading for the day?

Answer 13

We must stop trading after 2 invalid losses, or 4 valid losses.

Question 14

Do we have to be well priced to execute the trade?

Answer 14

Yes, we have to be well priced in the LOFR (15M and 5M) in order to execute the trade, even if the OFO of the mitigation has been completed.

Question 15

What is a shit wick? and what do we do when we see one?

Answer 15

A shit wick is when the high/low of a range is taken/formed with the same candle.

Bullish: High is taken and new low is the same candle
Bearish: Low is taken and new high is the same candle

When we see one, we continue to keep our OF swing points at the previous level.

Question 16

When can we move our SL to BE?

Answer 16

We can move our SL to BE once we have one or two 1M ranges formed. (Basically once it’s behind a protected 1M level)

Question 17

What do we have to do once we enter a trade?

Answer 17

Set the BE point, and look for scale ins.

Question 18

delete

Answer 18

delete

Question 19

When is the ONLY time that we can use the 5S?

Answer 19

We can only use the 5S to confirm a POI if we’re in a position that we’re allowed to hit it just on the 1M.

Question 20

What can we ask ourselves to properly identify the new range? (2)

Answer 20

When a new range is formed, we can ask ourselves:

1: What flipped and broke the range?
2: Is it a shit wick?

Question 21

What are the 3 types of POI’s that we can mark up?

Answer 21

1. Extremes (always valid)
2. SD Flips (these can be S2B B2S wicks)
3. LQ Grab FU candles

Question 22

If we can, what is something we should always try to do as we’re entering a trade on the 15S?

Answer 22

We should always try to cover the 1M POI with our SL if we can still get a reasonable stop size.

Question 23

What is a great confluence for a POI? (4)

Answer 23

1. imbalance
2. VSR causing POI, or VSR when mitigating the POI
3. Sweeps LQ
4. The POI breaks something significant

Question 24

What are the 5 confluences for 4H POI trades?

Answer 24

1. 4H POI
2. 5M CHOCH
3. LOFR P/D
4. 1M POI
5. 15S Confirmation

Question 25

What are the 6 confluences of 15M OF plays?

Answer 25

1. 15M OF
2. 15M POI
3. LOFR P/D
4. LQ
5. 1M CH
6. 15S confirmation

Question 26

How can we use alerts to never miss potential trade setups?

Answer 26

We can set alerts on:
4H POI's, 
15M POI's,
15M BOOF's and
15M CHOCH's

Question 27

How can we make sure we are on top of our chart/current PA?

Answer 27

Regularly:
Mark 4H POI's
Set alerts on 15M BOOF and CHOCH 
Mark 15M POI's
Use callouts to mark current trade ideas

Question 28

What are the two ways that we can scale in?

Answer 28

The two ways that we can scale in are by:

1. Following 1M OF when well priced in the LOFR
2. Following the new LOFR ranges (5M in 4H POI, or 15M)

Question 29

If the 1M range is the same as the 15S range, do we need a new 15S confirmation or can we hit it right away on the 1M?

Answer 29

No need for extra 15S CHOCH for extra confirmation, we can hit it directly on the 1M.

Question 30

If the 1M range is large and the 15S has to CHOCH back bearish to get back into the 1M POI, what do we need?

Answer 30

We need to play an additional 15S CHOCH to confirm.

Question 31

How can we trade without fear, hesitation or internal conflict?

Answer 31

By KNOWING that we don’t need to know what is going to happen next on a trade by trade basis to win or make consistent money.

Question 32

How can we mentally prepare for a trade before taking it?

Answer 32

Before taking a trade that is a valid setup, we need to mentally accept that this specific trade can be a BE, L, or win, and it does not affect the overall profitability of our system.

Question 33

Why is it so important to set your BE point?

Answer 33

Because if we don’t, we will accumulate WAY more losses (2X) and once we are BE, we can look at getting into scale ins.

Question 34

What is the 6-part mantra we must embody to be consistent?

Answer 34

1. I objectively identify my setup
2. I completely accept the risk before entering this trade
3. I act on my edge without hesitation or doubt
4. I pay myself as the market makes money available to me
5. I continually monitor my susceptibility for making errors
6. I understand the absolute necessity of these principles of consistency and therefore, I never violate them

Question 35

Is there any relationship between the next trade and the previous one?

Answer 35

No, there is absolutely no relationship between the outcome of one trade to the next.

Question 36

What kind of LQ do we want to see?

Answer 36

15M Structural
1M EQs
1M Fake Choch

Question 37

On what TF is the entire range always valid?

Answer 37

On the 1M, the entire range is always valid.

Question 38

If we are trying to take 15M longs, and we have LQ after CHOCH, when do we have to wait for 1M re alignment, and when can we play the 15S directly.

Answer 38

The only time that we can play 15S confirmation is at the extreme 1M POI, otherwise, we always wait for 1M re alignment.

Question 39

What do we do whenever a new range is taken? (4)

Answer 39

We ask ourselves 4 questions:

1. What flipped and broke the range?
2. Where is the new range
3. What are the new POI’s
4. What’s the new point of invalidation.

Question 40

If price taps into a 4H POI, and gives an entry setup outside the POI, is it still valid to take?

Answer 40

Yes, if price taps into a 4H POI, and gives a 5M setup outside the 4H POI, it’s still valid to execute.