Lecture Notes

Overview

• Discussed live streaming challenges and audio checks.
• Reviewed market activity from an early session with Tanya Trades' live stream community.
• Focus on the afternoon trading strategies and reflections on the morning session.

Key Concepts

Trading Strategies

• Opening Range Gap:

  • Importance of understanding the range shown today.
  • Revisiting the first presentation for the fair value gap between 9:30 and 10:00.

• Fair Value Gap (FVG):

  • Explanation of how to identify and use the first FVG of the day.
  • Emphasis on taking time to understand and annotate charts correctly.

Market Analysis

• Daily Highs and Lows:

  • Importance of noting the previous day's highs and lows.
  • Using these levels as liquidity pools or algorithmic reference points.

• Algorithmic Behavior:

  • Discussion on how algorithms interact with market data.
  • Insight into the behavior of algorithms around daily highs and lows.

Trading Tools and Techniques

Chart Time Frames

• One Minute and Fifteen Second Charts:
  • Exclusive use of these time frames for analysis.
  • Importance of the 15-second chart for granular observation.

Trade Management

• Trailing Stops and Dynamic Partial Exits:
  • Strategies for managing trades effectively.
  • Techniques for capturing larger portions of market moves.

Practical Examples

• Real-Time Trading Observations:
  • Live analysis of trades and market moves.
  • Step-by-step breakdown of market behavior.

Live Trading Considerations

• Impact of News and Market Sentiment:
  • Observations on Nvidia news as a market mover.
  • How sentiment affects trading decisions.

Conclusion

• Importance of taking detailed notes and reviewing them.
• Encouragement to continue practicing and learning from each session.
• Reminder of upcoming live sessions and their schedules.