Trading Strategy for US30

Overview

• Focus on identifying and exploiting bank zones in trading
• Application of strategy on US30 index during the U.S. trading session
• Emphasis on understanding the timing and impact of market openings

Key Concepts

U.S. Trading Session Timings

• British Time: 1 PM - 10 PM
• Eastern Standard Time (EST): 8 AM - 5 PM
• NYSE Open: 2:30 PM (GMT) [An hour and a half after U.S. market opens]
• Entry strategy focuses post 2:30 PM

Bank Zones

• Zones where banks influence market movement
• Historical rejection and activity levels in these zones determine entry points
• Zones are valid if historically respected during U.S. sessions
• Examples of zones: 4:30 PM and 5 PM historical rejections

Trading Strategy

Entry and Exit Points

• Identify bank zones before 2:30 PM
• Look for buy opportunities when price drops into a predefined zone
• Target bank zones identified from previous U.S. sessions
• Typical strategy involves buying at rejection candles in lower timeframes (e.g., 5-minute charts)

Examples of Strategy in Practice

Day 1

• Pre-2:30 PM: Identify zones using historical price action
• Post-2:30 PM: Enter on rejection at bank zone, e.g., bullish candle
• Target upper bank zones for profit-taking

Day 2

• Similar setup with identified bank zones
• Possible outcomes: Drop to buy zone or break and retest for continuation

Day 3 (CPI Data Impact)

• High impact news day; market reacts to data
• Strategy adapts slightly but remains focused on bank zones
• Large moves possible following news releases

Day 4

• Pre-2:30 PM: Identify bank zones from bank holidays
• Strategy Adjustment: Change from buy to sell due to market structure change (based on 4-hour chart breakdown)

Notes on Market Structure

• Market bias switches based on major structural breaks
• The strategy focuses on either buy or sell based on current market dynamics
• Emphasizes swing trading opportunities when major structure changes occur

Conclusion

• Strategy relies heavily on bank zone analysis and market timing
• Each U.S. session offers potential entry points based on previous data
• Adjusting strategy in response to overall market trend and impactful news events is crucial
• Learning and application through backtesting and additional resources