ilmscore | Do This If 2 Different Time Frames Are Showing 2 Different Trends...

Predictions from this Video

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Unrated: 0
Prediction
Topic
Status
A preferred single-timeframe trading strategy involves identifying the trend, finding an area of value, and using candlestick or price action patterns for entry.
"my favorite way to trade when doing that is to find trend find an area of value and use selling or buying pressure based on candlestick or price action patterns in order to enter during those situations"
Trading Strategy
Pending
A multiple time frame pullback strategy involves identifying the trend and area of value on a higher timeframe, and then entering on a lower timeframe to potentially achieve better entries, smaller stops, and a higher reward-to-risk ratio.
"the second way is by using what i call a multiple time frame pullback strategy where you're looking for the same thing on a higher time frame you're looking for the trend and an area of value the only difference is your entry is going to be on a lower time frame to give you a better entry that will hopefully give you smaller stops and a bigger reward to risk ratio on that specific target on that specific trade"
Trading Strategy
Pending
A third strategy involves aligning the trend of two different timeframes (e.g., 1-hour and 15-minute) and trading breakout patterns to capitalize on strong momentum.
"the third way is by making sure the trend of two different time frames line up something like the one hour and 15 minutes and trading possible breakout patterns because you're now aligning yourself with two different trends showing you massive momentum in a particular market"
Trading Strategy
Pending
The speaker refers to 'Optimal Trading Zones' (OTZs) as areas of value in the market.
"i personally label these in my own way i call them o t z's that stands for optimal trading zones"
Trading Strategy
Pending
A desirable scenario for trading breakout patterns occurs when two different timeframes exhibit the same trend.
"what i love to see in these situations is the possibility of a breakout trade during a time when two different time frames have the same exact trend"
Trading Strategy
Pending
Breakout trades can be entered aggressively with the breakout candle itself, or conservatively by waiting for a pullback to the breakout area and a candlestick pattern confirmation.
"i would be looking for either an aggressive way to enter that which would just be the breakout itself the breakout candle coming down that would be the most aggressive way or i would be looking to wait for this breakout and then wait for a pullback to that area looking for a candlestick pattern that would be super conservative super conservative on your entry versus super aggressive"
Trading Strategy
Pending