NorthStarDayTrading

11:35

NorthStarDayTrading Premium

This is an idea that uses Pivot Points, Fibonacci, Fractals, and Momentum to attempt to predict "zones" where the market may pass through. Typically used on faster chart times, but this example shows a 15 min chart for demonstration purposes. This idea has been used on ES, NQ, RTY, YM, and their related micro futures products.

NorthStarDayTrading Premium

Fracking indicators are available for ES, NQ, RTY, YM, GC, and CL. (also micro's for each instrument listed)

NorthStarDayTrading Premium

Consider using multiple chart types when performing technical analysis for a clearer picture of what the market may be telling you. Here is a tri-screen view of Traditional Japanese Candles on top, Renko Candles in the middle, and Heiken-Ashi Candles on the bottom. Each setup has something to share.

NorthStarDayTrading Premium

This is a split screen 15 chart of MNQ. The top shows standard Japanese candles and the bottom shows Heiken-Ashi candles. The instrument, chart time, and Pivot Point indicator are the same on both. Which do you prefer?

NorthStarDayTrading Premium

There are patterns that show in the market each and every day. Some of those are repeatable and follow a somewhat predicable setup. Is this always the case? Of course not. But more often than not (i.e. higher probability) is what we look for in trading. Today, NQ is following right along. Starting with the Asian market, right through London, and at least thus far...

NorthStarDayTrading Premium

When looking at BTC, there appears to be a structure to the movements. Not necessarily a "pattern" but more of a correlation to the more recent movements. Let us know what you think of this idea and the associated indicator included below.

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Which way will it go?

NorthStarDayTrading Premium

Typically used on lower timeframes for intraday trading, I decided to try it out on a higher timeframe. Not too bad.

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On one random Saturday, on an impulse, I decided to pull up a BTC chart and throw Fibs on it. This is the result. I'd say it's due for a reversal now at the 161% level.

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If anyone would like assistance with multi-chart layouts, indicator templates, or general TradingView use, let me know. By answering your specific questions through screen shares, I may be able to save you days of research, trial-and-error and frustration.

NorthStarDayTrading Premium

Consider using different styles of charts simultaneously for a clearer view of what the market is presenting. Top: Traditional candles with fractal breakout levels. Middle: Point and Figure candles for cleaner price action. Bottom: Renko candles with a simple reversal strategy.

NorthStarDayTrading Premium

Consider trading the breakouts/breakdowns of the Pre-Market and Opening Range levels in the USA Futures Session. In this example, Pre-Market time is 4:00AM-9:30AM Eastern time and Market Session time is 9:30AM-5:00PM Eastern time. The Opening Range is defined as the range between the high and low of the first 5 Min candle.

08:09

NorthStarDayTrading Premium

Quick video on playing a fade from the current New York session open to the previous day close.

08:43

NorthStarDayTrading Premium

Tutorial on how to play fractal level breakouts using custom indicator.

01:01

NorthStarDayTrading Premium Updated 

A 1 min video just to show the difference (or similarity) between the MNQ and MES using the same exact day/time, timeframe, and indicators.

06:21

NorthStarDayTrading Premium

In my opinion, there is no need to hold through a draw down. Exit the trade that goes against you, and place an order at your original entry in case price comes back up to that level. Why sit there at look at a negative PnL HOPING the trade will turn around? Check out the video example.

14:48

NorthStarDayTrading Premium

This is a modified version of Fractals that I made and how to use it. It's pretty straight-forward. Go long over the green levels and short under the red levels. An option that I didn't discuss in the video is the potential of a wider trailing stop for longer runs. I like to focus on the breakouts of just a few points as they happen very, very often.

07:04

NorthStarDayTrading Premium

Quick video of playing a High of Day breakout and how to avoid a big drawdown.