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The Most Advanced Day Trading Course You've Ever Seen EP.3 +1 -1

Mar 1, 2025

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.