A trader who made $1.5 million in 18 months shares two short-term setups. The first: enter when the opening candle breaks structure and aligns with higher-timeframe bias, targeting 38 points with a 25-point stop. The second: short when a wick dips below two prior candles and structure breaks, aiming for reversion to fair price.
You are at $1.5 million right now under 18 months. And then these are the 2 setups that you've used to achieve payouts. Yeah. First one is a continuation. It's just gonna be in the direction of the opening candle, assuming it aligns with a high timeframe bias that I have. And high timeframe bias is just for reversion. So pretty much just inverting whatever happened for the previous 6 to 12 hours. So first trade, literally first candle, as long as it breaks structure of the previous candles, then I'm good to enter. And I will do a 38-point take profit and a 25-point stop loss for this trade. If the opening candle is larger than 25 points, I'll just simplify it, cut my contracts in half. That would make this 76 and that would make this 50. That's literally it. Just a very quick continuation of the opening move. The second one is a break of structure. The initial move, whichever way it goes, it doesn't matter to me. All I'm looking to do is revert back towards what I claim to be the fair price. And in terms of the entry, when there is a wick down here that is lower than the 2 candles previous, the wick is lower and then a candle comes in here and it breaks the structure, then I will take a short position.
