Lecture Notes on Trading Strategies and Market Analysis

Introduction

• Discussed having two live streams in one day.
• Future live streams will be only an hour long.
• Brief review of the day's market action and key points.
• Aim is to avoid reviewing at the start of the next session.

Market Analysis

Daily Chart Overview

• Reviewed high time frame analysis done on previous streams.
• Specific date focus: July 13th and August 13th.
• Expected market to reach higher, not picking a top.
• Discussed liquidity and mean threshold of up-closed candles.

Candlestick Observations

• Highlighted recent closure and liquidity above certain levels.
• Noted a volume imbalance and discussed its implications.
• Explained the significance of a wick with no body between two candlesticks.

Trading Bias and Strategy

Bias Development

• Focused on not calling for lower prices.
• Emphasized looking for buying opportunities.
• Training son in reading market conditions and fair value gaps.
• Discussed session bias and liquidity targets.

Example and Practical Tips

• Use of a 15-minute timeframe for analysis.
• Institutional orderflow entry drill was called in real-time during the stream.
• Discussion on holding trades longer and problematic conditions.

Educational Approach

• Encouraged watching the stream multiple times for better understanding.
• Engaging with commentary on higher time frames for better trade anticipation.
• Discussed the importance of intraday retracements in trading.

Trading Philosophy

Holding Trades

• Developing a strategy for big moves outside intraday charts.
• Suggested starting with identifying buy-side and sell-side.
• Importance of understanding the market on a higher time frame.
• Emphasized patience and time commitment in long-term trading.

Power Three Concept

• Addressed challenges in buying below opening prices.
• Systematic approach to trading outlined as a solution.
• Discussed the importance of understanding daily range dynamics.

Market Examples

Specific Trade Walkthrough

• Step-by-step analysis of a trade starting at 9:30 AM.
• Explained how price action was expected to unfold throughout the day.
• Discussed macro lunch time effects and how they influence trading decisions.

Algorithmic Trading Insights

• Highlighted the significance of last hour trading and macro timing.
• Explained the concept of market on close and its influence on trading.
• Discussed how external events, like the Jackson Hole Symposium, can impact markets.

Conclusion

• Encouragement for students and viewers to stick with the learning process.
• Emphasized the valuable insights provided in the mentorship.
• Aimed to guide students towards understanding market behaviors and trade strategies.