Trading the Strat - 4/24 ADAUSDTPERP 2-2 Reversal (Long)
I will be publishing trades that I am currently in, or that I will be taking . I trade using "the Strat" trading strategy that was invented by Rob Smith, so if you want to see how we trade feel free to follow. The reason I am doing this is to document my trades, see which ones worked out, and come back to them later to figure out how to improve
I entered this trade on the daily trigger. We had the the hammer on the previous candle giving us an actionable signal once our current candle broke the top wick. We also see full time frame continuity on the 15 min, 1-hr, 4-hr, and daily. This is what a high probability set-up looks like using the strat. Note that the series of lower lows on the daily gives us a pivot machine gun. We anticipate stopping out players at these pivot points further accelerating price action upwards, taking profit once we hit the end of these series of pivots
I entered this trade on the daily trigger. We had the the hammer on the previous candle giving us an actionable signal once our current candle broke the top wick. We also see full time frame continuity on the 15 min, 1-hr, 4-hr, and daily. This is what a high probability set-up looks like using the strat. Note that the series of lower lows on the daily gives us a pivot machine gun. We anticipate stopping out players at these pivot points further accelerating price action upwards, taking profit once we hit the end of these series of pivots