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How is a Fair Value Gap (FVG) defined in Jesse's trading strategy?
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A three-candle formation where the middle candle is expansive, leaving a gap between the wick of the first and the third candle.
What is the significance of the London session high and low in Jesse's strategy?
They are used to identify setups after being taken out by the market.
How can mentorship serve as a shortcut in learning Jesse's trading strategy?
By learning from someone else's mistakes, it can save time compared to learning the strategy on one's own.
What free resources does Jesse provide to support his trading strategy?
Free access to the strategy board, backtesting tools, mentorship, and free educational videos posted twice weekly.
Why is having 'zero daily bias' important in Jesse's trading strategy?
It ensures that traders are not influenced by preconceived market directions and follow the strategy mechanically.
What time does the preparation stage of Jesse's trading strategy begin?
9:30 a.m. EST (New York time)
What is the main condition before entering a trade when a Fair Value Gap forms?
The gap must align with the market conditions (bearish for high sweep, bullish for low sweep).
What time periods are marked out as part of the preparation process in Jesse's strategy?
Asia/London 6:00 to 7:30 high or low
What should a trader do if the highs or lows since midnight have not been taken by 9:30 a.m. in Jesse's strategy?
No setup for the day; restart the process the next day.
What are the primary trading time frames for identifying FVGs in Jesse's trading strategy?
10-11 a.m. or 2-3 p.m. EST
When should a trader place their stop loss according to Jesse's strategy?
At Fair Value Gap candle number one.
What is the stated end goal for using Jesse's trading strategy?
To pass prop firm challenges and make traders consistently profitable.
How many trades need to be backtested according to Jesse's strategy to prove its profitability?
300 trades
What is the target risk to reward ratio for trades in Jesse's strategy?
2:1 risk to reward ratio
What happens if a Fair Value Gap forms between 2-3 p.m. EST according to Jesse's strategy?
A trader can enter the trade following the same rules: enter, stop loss at candle one, target 2:1 risk to reward.
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