TraderDaddyOG

03:26

TraderDaddyOG

This will make more sense to you if you've watched my previous videos on META or really anything - same analysis, different equity. Keep an eye out for a rejection of this levels especially near teal which will be the driver to take us down. Livestreaming at 9:30 AM EST today for those who want to see me approach this in real time! Happy Trading :)

02:35

TraderDaddyOG

Support by an algo leads to resistance by that algo. In this case, we were no longer supported by teal selling but rather by HTF buying continuation. You could see that in order to finally break out of the tapered teal selling, we needed for price to build liquidity until it could activate our HTF buying continuation algos. More analysis like this to come! Stay...

02:25

TraderDaddyOG

Pretty boring price action today but it did tell us a lot in terms of which algorithms are in play. Yellow was activated as a strong buying algorithm which should be used to take us out of tapered orange - But we will need PA over the coming days to confirm this and for price to begin using our strong blue buying continuation to continue a move upward to retest...

02:46

TraderDaddyOG Updated 

We are no longer respecting our strong buying continuation algorithms and therefore that tells me we will have a tougher time making new all time highs without further liquidity being built. Keep an eye out for a rejection of the bottom of these stronger daily algos as price attempts (with this bullish CPI data) to reenter them. Happy Trading :)

02:10

TraderDaddyOG

Didn't want to forget this one because if we do activate purple we can see price attempting former highs and the weekly taper levels. Look for price to develop here and if the trade comes to us, amazing. If not, there will be more opportunities. Happy Trading :)

02:17

TraderDaddyOG

Are we controlled buying in Magenta? Or did we begin activating strong blue continuation to break out of purple for a retest of teal tapered selling? We have no short term bias here and will allow price to show us where it wants to go. luckily, we have the guide to give us confirmation for either direction. Goodluck in the markets today and... Happy Trading :)

05:23

TraderDaddyOG

PDD continues to pull back and that is okay. But we do need to see some of our stronger buying continuation algos activate and get to work or else there is plenty more room to the downside. As you can see on this weekly chart, we are in a HTF large selling algo in teal. To break out of this we will need to be activated in our strong yellow/orange buying...

02:34

TraderDaddyOG

A very strong company clearly building some much needed liquidity for a further push up. Very controlled selling algorithms in play right now and most importantly, with yellow tapered buying in control of price right now, we will need to prove some sell-side tapering on magenta before activating orange strong buying for the breakout. This breakout of controlled...

04:09

TraderDaddyOG Updated 

As of writing this (about 10 minute after recording this video) we did rebound perfectly off our level and are 3 points up ($900). If we were to close the trade now it would be a succesful 10 R:R trade. But we have daily algorithms for a reason. I'll share updates on how the trade is going below on this post! Hope this was helpful!! It's truly incredible how you...

01:47

TraderDaddyOG

This will be helpful to see for those wondering how to utilize lower time frame algorithms within higher time frame analysis. Same idea! Just always remember, unless you're scalping, the daily algorithms hold much more weight. Happy Trading all :)

02:32

TraderDaddyOG

We prepared for this exact trade and outcome in our "special edition for haters" video 2 days ago. This truly was a special edition for haters!! Please do not discount the power of these algorithms. It works for me and it could work for you. Trying my best to share this knowledge so that you can catch these trades too! Have a great day in the market...

04:32

TraderDaddyOG

Always tell a HTF story of the charts before getting bogged down in LTF chaos. These HTF algorithms control price. Clear what we need to look out for on this TSLA chart - Yellow strong algorithm needs to activate to take us out of magenta and teal strong selling. Fortunately for me, you can't laugh at this. These are the same algorithms proving themselves over...

05:25

TraderDaddyOG

We know from the past what to look out for and what algorithms and channels we need to activate in order to break out of our less-strong buying continuation channels. Yellow (with purple as support) is our key algorithm to breaking out of green - yet, once we see tapering on green and especially our red controlled buying presenting itself, we are prepared to make...

12:52

TraderDaddyOG

I will be live trading and analyzing charts and future trade opportunities based on my TA and market knowledge. Come join the party and say Hi!

08:05

TraderDaddyOG

This video is more of a tutorial on why I took a short trade on SPG today. We fell out of our strong buying continuation channels with a rejection of HTF tapered channels and selling channels. Confirmation was the support from our more tapered buying algo and rejected of the bottom of our stronger buying algo (in addition to it lining up with our strong magenta...

07:38

TraderDaddyOG

Yes - This way of seeing price action works on any time frame and in any market - Why? - Because it's using basic understanding of how the market works and utilizing these channels as a way to see the strength of buyers and sellers at any given price. In a way, it's a third eye (Price, Volume, Strength). Utilizing this alongside any indicators you'd like to add...

03:38

TraderDaddyOG

This could be the sign that bulls have been waiting for. To prove tapering on the daily and activate a strong buying algo to make a move to breakout of our selling algos. Keep an eye out for this - we will look for the white tapering on the daily to line up with our pruple tapering algo on the 1 HR. Happy Trading :)

04:03

TraderDaddyOG

Hope this was helpful for those who are interested in learning! Again, I can't emphasize enough - you're charts don't HAVE to have all these "lines" in order to succeed. I see the market this way without all the chaos. But it is helpful to understanding PA and why price is moving where it is and what kind of strength of buying we need to see in order to have real...