Luckshury (@Luckshuryy)

false breakouts: identifying traders who anticipate breakouts can be useful in the sense they look for those new positions too early, thus resulting in them being trapped. This occurs upon major pivots being close to being taken or other key internal levels. example ↓ ...

RISK: The so called "common knowledge" of not being able to make serious money risking 1% to 3% per trade is partially true imo. ​ 1. You CAN make decent money doing this although it is not the most optimal route for maximising profitability. ​ 2. Most who try varying risk in the first place fuck u...

footprint: trapped positions Using delta clusters to see exactly where new positions are entering can be useful for a few reasons: - ability to tighten stop based on trapped traders' location - tighter execution due to quicker identification of trapped positions Example ↓ ...

Iv'e spent so much time studying & collecting data on London session and its relationship with daily pivots. Pay attention to timing of pivots it is extremely powerful. Here's an example using a London session daily high as directional bias for a long position from yesterday ↓ ...

Daily highs/lows: Learn to look out for LHs or HLs only using the daily candles. This will offer potential pivot levels due to price wiping out multiple days' worth of price action in relation to running its liquidity. a recent example ↓ ...

I use 30m candles to look for and identify large wicks. Should price revert away from these wicks, I like to look for POI's that could provide as a reversal point back towards these large wicks inefficiencies. This is part of my daily routine here is a recent example ↓ ...

I've studied and researched reversals a lot, finding they often stem from peak local aggression. [indicators & settings included] Market Aggression [reversals] - a thread 🧵 ...

Mistakes I've been seeing in this range-bound environment: ...

Trapping traders & flushing OI large open interest rallies typically indicate one side opening new positions excessively. if you pinpoint the level where the majority would be put offside, you can profit from the reversal. This reversal could lead to a flush in OI. example ↓ ...