ilmscore | Day Trading Secrets You MUST KNOW (The Puzzle Piece You Have Been Missing...)

Predictions from this Video

Total: 10
Correct: 0
Incorrect: 0
Pending: 10
Unrated: 0
Prediction
Topic
Status
First day trading strategy involves identifying a resistance or support level that has been tested multiple times.
"strategy number one is find a level of resistance or support that's been tested multiple times as resistance or support"
Day Trading Strategy 1
Pending
Day trading opportunities arise when the market approaches a previously identified significant structural level.
"when the market comes back up and gets close to that level that's when you're primed for possible day trades"
Day Trading Strategy 1 Entry Condition
Pending
A '1-2-3 move' is required after the market reaches a zone of major structural resistance to confirm conditions for short trades.
"condition number two we need a one two three move out of that zone"
Day Trading Strategy 1 Entry Condition
Pending
The second day trading strategy involves a major level of structure that does not necessarily need to have been tested multiple times.
"strategy number two here only euro Aussie we have a similar situation but the difference being in this case the level of structure doesn't have to be tested multiple times"
Day Trading Strategy 2
Pending
The second strategy also involves looking for a 'swap level of structure' (previously resistance, now support, or vice-versa) and expecting downward movement.
"looking for a swap level of structure that's been resistant and support all at the same time and then looking for the market to push down from that level give me some selling pressure"
Day Trading Strategy 2 Entry Condition
Pending
The third strategy focuses on identifying previous major support levels that have been broken, anticipating them to act as resistance.
"looking at major levels of previous support that were broken at the point that a major level of support is broken it's highly likely that that level will become resistance at least for a small amount of time"
Day Trading Strategy 3
Pending
A 'loss of momentum' after a significant wick indicating selling pressure is a key entry signal for the third strategy.
"this loss of momentum happened let me go and put my stop-loss in order actually in case this market goes crazy put a buy stop up here so in case this that excuse me that's not what I was talked about a lot of momentum trade we see that we have this big wick here so that tells me there's a lot of selling pressure in this area"
Day Trading Strategy 3 Entry Condition
Pending
Loss of momentum is confirmed by a pattern of decreasing candle sizes followed by a bearish engulfing candle.
"I wait for the market to round out I wait for a loss of momentum as you can see here this market had big candle even bigger candle tiny candle small candle and then we have an engulfing candle to the downside"
Day Trading Strategy 3 Entry Condition
Pending
Day traders should only enter trades when there is a high probability of gaining an edge over the market.
"remember every time you day trade what I want you to think of is only day trading when you have the highest probability of creating an edge over the market"
Day Trading Approach
Pending
The highest probability for day trading occurs when the market is at major structural levels.
"when do you have that highest probability it's when the markets at major levels of structure"
Day Trading Approach
Pending