Luckshury (@Luckshuryy)

I spent hours analysing my trades to discover something as useful as the Sunday close session forming major pivot points. A reminder of how it can form major pivots between 8-11:30pm during my review. Close session - 20:00 → 00:00 [UTC] Recent example ↓ ...

Price action: A recent example of reading local price action on BTC, from a partial wick fill to a complete reversal. Being able to read & trade this in real time involves monitoring: - Relative vol. - Vol. spikes - Liquidations - Delta aggression - Trapped traders example ↓ ...

In my daily routine checklist, the top priority is volume-based levels, one of them being high-volume nodes... High Volume Nodes [HVN's] a complete thread 🧵 ...

POC for Stop Placement: I mainly use this when trading a sfp, but can be used in a variety of other situations, such as npocs etc. Instead of placing a stop above/below the absolute pivot, I would place the stop just beyond the pivot candles POC, thus reducing my stop & increasing r. From my jour...

Identifying price inefficiencies allows you to recognise strong trending moves in the opposite direction. Once I recognise acceptance into the inefficiency there is no thought in my mind to trade against that potential strong move. This is one method I use that prevents me from getting caught on t...

false break of structure: a definitive break requires: - time above the "bos" level - volume acceptance - no offside traders If I do not see any of the above, I remain aware of accelerated trend continuation and no change in structure. example ↓ ...

weak retraces: If price cannot find acceptance in the inefficiencies driving the potential new trend, it is likely to continue in that trend's direction. I look out for the start of inefficiencies that may provide as confluence for a trend continuation trade. example ↓ ...

False signs of weakness: Prematurely becoming a bull or bear is something I consistently see. Identifying market inefficiencies to anticipate large drops or rises in price is how I've learned to avoid positioning myself offside. Example ↓ ...

Candlestick Reversals [patterns & confirmations] a thread 🧵 ...