ilmscore | Prediction Details
"we'll just start right here so at this right here this is going to be our low and what we're gonna do is see do we have a one two three move yes okay we have a one two three move in that one two three move actually happened right here we got the break and close above right there so that would be our one two three and then we keep going forward and higher so what we have to do is after that one two three move let's draw that out one more time one two three where's our most previously broken level structure in this uptrend right here we just defined it as an uptrend with a one two three move and our most previously broken level structure is here so a result one would look something like that let's do it with our horizontal line tool right there is our zone and in order to back test this in order to validate this trading system what I do is create my zone and then I'll grab a line and now place a horizontal excuse me a vertical line on the candle that breaks the structure that candle that breaks structure I have the horizontal line excuse me the vertical line there because I know after this vertical line I'm gonna start looking for possible trading opportunities and I do that over and over the next 1 2 3 move we have and the next move into structure is here here and up to here with that being the case our zone is going to be right there so we'll draw that out with two horizontal lines our zone looks like this and we'll go a little bit lower so that is our next trading zone and what candle breaks that trading zone this one right here so I know if I go back through historical data you'll see why this is relevant that I'm gonna be trading and looking for trading opportunities in this zone after this verse a verse on achill what word was that after this vertical line and then we're gonna continue doing this same exact process we have our 1 2 3 after that 1 2 3 our most recent level of resistance that was broken was right here so with that being the case we take a horizontal line go a little bit above the wicks of those candles a little bit below the bodies and now we find the candle that broke that level of structure it's right here now what we're gonna do is drop down to a smaller time frame this is how you verify the trading system go through historical data doing exactly what I just did then if you want to do the same way I do it a swing trade I go from a daily chart to a 4-hour chart or 1-hour if I don't see an entry on the 4"
By The Trading Channel (The Trading Channel) | June 13, 2019 | Pending
Interpreted Prediction
The speaker demonstrates how to backtest the trading system by identifying 123 moves on the daily chart, defining zones from broken structural levels, and marking the candle that breaks structure with a vertical line to indicate the start of the backtesting period for that zone. This process is then repeated for subsequent moves.

Prediction Details

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