Price Action Strategies: Part 4, Miscellaneous

Part1:
- Early Read of Chart
- Angulars
- Zones

Part2:
- Territory: Win it, Prove it, Lose it
- Follow through (FT ) bars

Part 3:
- Bars1, 2, 8, 11
- VBTs
- 2Zeds
- Apex Splitters
- Fade4th of anything

Part 4A: 123s

Part4B: Misc

Miscellaneous

Once-Twice-Thrice
Look for quality FT bars and trade only the best setups
Unchecking a bar is not a signal, it is a warning
If a line is violated twice, odds are it will be violated again.
After a significant reaction to news, fade the move after 39 minutes of the reaction to the news and anticipate a pullback to 50% of the move
Chart2 is useful on Mondays and Fridays.
80% of Friday?s will hit the midpoint (Example)
Up days typically make move before noon, down days after 14.30ET
For the U (September contract) only:
-- Fade an UPSIDE move of 60-minutes or ~75 points
-- Fade a sixth HH and 75 points
Use a major (or minor) angular to manage your trades. When a line or zone is won, trail the stop, surrender nothing
ZB (US Bond) likes zones, times, and quartiles
Euro is all about symmetry. Likes 20m after news, but best are angulars right of whole session chart, above or below H or L
The Market?s duty is to inform with price action.
No FT, no VBTs, no obligations, no mbh
If a chart begins eroding profit, exit.
As a trader, look for market distress and identify quality exhaustion points
We owe it to ourselves to follow the money. Trade the trending markets.

da Manual Price Action Strategies 4B: Miscellaneous