Jesse Rogers ranks trading methods from F to S tier. Harmonic Patterns and Elliott Wave are useless. Bollinger Bands and MACD lag behind price. Volume Profile and footprint charts show where real money actually trades, earning top ranks.
Harmonic Patterns. F-tier. You're drawing butterflies on your chart. That's arts and craft, not trading. Elliott Wave. D-tier. Put 5 wave traders in a room and you'll get 5 different counts on the same chart. You can't trade with conviction when the tool can't agree with itself. ICT. C-tier. You're told to track smart money without the one thing that shows where smart money is trading. That's not an edge, that's a story. Right idea, and when you pair with order flow, it becomes S-tier. Bollinger Bands. C tier. By the time the bands widen, the move already happened. You're not early, you're the exit liquidity. MACD. C tier. It's a lagging signal based on lagging inputs. By the time you get the crossover, you're just chasing the move. Wyckoff. B tier. The phases are real, but it's way too complicated to figure out which phase you're in when you could just use volume data to figure this out much simpler. Price action. B tier. A breakout looks the same whether there's volume behind it or not, but without that context, you're guessing which ones are real. Volume weighted average price. A tier. Every institutional algorithm uses this to enter trades, so it's always going to be respected. Footprints: A-tier. They break open every candle and show you exactly who is buying and selling. Volume profile: S-tier. Where the market actually did business, not just random guesses, it's actual data. Follow me for more trading tips.
