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The Most Advanced Day Trading Course You've Ever Seen EP.3 +1 -1
Mar 1, 2025
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Lecture on Time Frames and Trading Strategies
Introduction
Understanding Time Frames:
Importance of deciding how to utilize time frames in trading.
Main Focus:
Discussing the 1, 2, 3, 4, 5 setup and its implications in trading.
Concepts Introduced:
Master time frame, mirror targets, Pandora's box.
Key Concepts
Master Time Frame
Mirror vs Target:
Mirror:
Target aligns with the daily or four-hour time frame.
Target:
Specific price points on charts.
Pandora's Box
Buying Holds vs Ladder Points:
In Pandora's box, focus on buying whole levels (plus one, minus one).
Outside Pandora's box, buy ladder points (explore other theories).
Levels and Ranges
Types of Levels:
Plus one, minus one.
Reverse levels.
Break levels.
Origin and polarity levels.
Range Trends:
Created from mirror targets, control the trade.
Identifying Targets
Target Hit Identification:
Daily to daily or daily to four-hour examples.
Misidentification of ranges when target not hit.
Range Adjustment:
When daily stops at a four-hour level, zoom out to find larger range.
Application of Theories
Example Trades
Previous Trade Analysis:
Four-hour level creating a one-hour range trend.
Fifteen-minute target used to guide trades.
Practical Strategies
Plus One, Minus One Strategy:
Guide trading decisions by comparing time frames.
Determine whether to buy levels or ladder points.
Rejection as a Target:
Valid strategy when Pandora's box is not active.
Use of Time Frames
Weekly and Daily Levels:
Importance of understanding and identifying time frames.
Implications of hitting levels, especially in weekly and daily analysis.
Advanced Techniques
Time Frame Interplay:
Example of how four-hour, one-hour, and fifteen-minute levels interact.
Strategy to identify long positions by level testing.
Conclusion
Plus One, Minus One Mastery:
Key to developing infinite trading opportunities.
Application in Group Settings:
Encouragement to adopt plus one, minus one strategy universally.
Continuous Improvement:
Mastering time frames and levels leads to precise and effective trading decisions.
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