In this video I am going to show you strategy which I am using for Monday's trading! After watching this video you will know, why I love Monday's!
Every Monday key levels are ready for my scalping strategy and for me it is the most important daytrading day. Is not it perfect when I am done with trading on the start of week ?
📲Tools I use :
âś…Price Action âś…VWAP âś…Orderflow âś…Support and Resistance tool âś…Value Area key levels
❗️Dont be afraid to ask me anything.
More descriptions about my trading.
🎉Every day I publish my intraday analysis and key daily, weekly levels based on the MarketProfile method. For the indicator that shows you my levels directly in your chart, write me in a comment.
❗️Now I'll show you how I trade Long/Short levels and how you can trade them with me.
📲In the chart you can see Long / Short levels into which I enter directly through the limit and then I control them based on the volume . If the market does not respect the level and starts to form a volume in the negative zone, I try to end the position at the breakeven point or stoploss. I set the Profit Target according to RRR or according to key levels and S / R zones. These levels can also be traded from the other side, support becomes resistance and vice versa.
Key levels are usually traded by waiting for confirmation or some setup on a smaller TF. These are very strong levels at which turnovers often occur, so they consider them to be very successful and the advantage is that they are based on the Market Profile method, so they can trade in any market.
❗️First of all, when I have the level ready, I have to set a Stoploss.
Stoploss is determined by several criteria. First of all, it must not be too far away and also it must not be in an area that serves as a magnet such as POC , Key Levels or a stoploss zone, where the market will run out of liquidity.
Summary: Stoploss determined by. âś…1. Pivot High / Low âś…2. Logical zone according to VolumeProfile âś…3. Low Volume Node and High Volume Node âś…4. Outside of key levels