aoc | Crypto Trader
over 1 year ago
How to make $200 in 10 mins by only risking $30. A breakdown of this trade and how you can do this too! 🧵 [img:bXsatoBP2]
The way I found this trade in the first place was seeing $LINK on the top-gainers on TradingView. So I clicked in. And saw that $LINK was on a strong uptrend on the 1-hourly chart. This meant I'd want to look for longs > shorts. Trend is your friend. [img:TLAAq6UkJ]
Step 2: I zoomed out and checked for any previous swing highs (liquidity points) that $LINK might be reaching for. The reason I do this is to see if the market makers still have any reason to push $LINK higher. Or stop here. I manage to find this FVG + swing high.[img:jrjV5izzt]
This means I have the green light to start looking for longs. In terms of timeframe selection... I understood that $LINK has already pumped quite significantly. So I am not trying to catch another 50% move. I just want to get a piece of this pumping pie. Not the whole pie.
So for the timeframe I selected the 1-minute timeframe. Holy shit. Right? No. Once you learn how to use the 1-minute time frame well... It's such a cheat code. Because you can catch all the imbalances/liquidity sweeps that don't appear on the higher TFs.
So what do I look for in terms of entry criteria? In this case I was looking for something specific that happens all the time during trending markets... That is a sell-side liquidity sweep. Remember. In buy programs. SSL sweeps lead to higher highs. Why? Next tweet.
Think of the markets as a Ferrari. In order for this supercar to go anywhere... It needs fuel. Where does it get fuel? By stopping other people out. Taking their money. And using it to propel price higher. Basically. SSL sweeps in uptrend = higher highs.
This is where I got the SSL Sweep. As for the stop loss. I placed it below a recent FVG. The reason is cause if the price breaks below that level... It would invalidate my bullish idea. Remember. Stops do not need to be random numbers. Or complicated. [img:3_DlvdrN2]
"But AOC, this is not where you had your stop loss in the first picture." That's right. I am writing this thread live as the trade is playing out. That first pic was after I moved my stop loss. Why did I move it? Good question. Let's answer it.
After sweeping the SSL. Price forms a higher high as expected. Here's the thing about market structure. Bullish MS = Higher highs and higher lows. Correct? What happens if that low gets lost... AFTER a liquidity sweep? That means market structure is shifting.
Live update: As I am writing this. Price has just hit the target for a 3.85R trade of about 20 minutes. $275 in the bag for a few minutes of work. [img:GejKgtwiY]
Anyways back to the analysis. Since price formed a higher high and higher low. I can now safely move my stop to my new invalidation point. Here is the pic for explanation's sake. [img:cOHB9v81V]
I actually moved my stop once more. Into profit this time. But the reasoning is the same. Check it out in this pic. Notice how there was another SSL sweep in order to form new highs. This is why you don't move your stops too early. There is a sweet spot for doing this. [img:c_8upwd41]
As I've shown you in the live update. Target was hit for a successful 3.85R trade in 20 minutes time. If you found this thread helpful. RT the first tweet and drop me a follow for more breakdowns like this. twitter.com/_theartofcrypto/status/1682119453327097856
And if you ever decide to take trading seriously... @BitclarkeClarke passed a demo funding challenge after joining the mastermind for less than a week. And this is how Dylan is doing after joining the mastermind for just a month as a complete beginner. Link in bio. [img:FuKFESbxS] [img:lJ2BerpTP] [img:XIarGyo5a] [img:T9c6G-GX0]
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