10-1 HWC

Question 1

WHAT USUALLY HAPPEN IN A “SITG”

Answer 1

Usually, price will go higher

Question 2

What are the Wave 2 percentages ?

Answer 2

73 % - between 50 and 61.8 Retracement

15% - from 20 and 49

12% - from 62 to 99.9

Less than 20 is not a Retracement

Wave 2 is impulsive

Question 3

What TBF indicate

Answer 3

The convergence of the 1 min Stochastic.

They are not a trend ending or continuation

Question 4

What is the objective of precise trading ?

Answer 4

To get the precise moment of a wave move with high accuracy

Question 5

Money management possibilities for a 30m HWC trade of wave 2

Answer 5

1) Trail SL, 40%
2) Hull 21, Flip + CC
3) Threats, all out
4) Threats, all in
5) Threats, leg down
6) PFs - Parallels
7) Scans, Major Fibos
8) Harmonic Swing - HWC to HWC
9) Elliot wave count, projections

Question 6

MM for Fan retrace, BITS, SITS.

Answer 6

1) all out exit at HWC
2) all in for a CBT at HWC
3) exit in a scaled pullback
4) enter in the C, a second time if stopped out

Question 7

MM for a 30 min; 480 HWC trade of wave 2

Answer 7

1) 63 Money map

Question 8

Channel size in 10 min trades

Answer 8

Small - 5 to 7
Medium - 8 to 11
Large - 12 to 15

Question 9

How many hits are needed for a trend line

Answer 9

After 2 hits, every hit is acceptable.

Note: A little break es acceptable, but it decrease the probabilities

The trend lines in the indicator must match the trade that I am taking

Trend line in the Ind must be perfect

Question 10

Elliot wave structure for each big wave

Answer 10

X to A - 1 2 3 4 5
1 to 2- ABC
2 to 3 - 1 2 3 4 5
3 to 4 - ABC or complex
4 to 5 - 1 2 3 4 5

1 to A - 1 2 3 4 5
A to B - ABC
B to C - 1 2 3 4 5

Question 11

Describe Steve way

Answer 11

1) analyze the 30 min chart for channel starting in a HWC looking for TAB in the indicator and in Price, then measure it and if it is ok then proceed to #2
2) 10m same procedure, This is the channel I trade and must be big enough to let me play with it. Look the 10min channels inside the 30m
3) 1m same, looking for tops and bottoms

Analyze waveology from 3- to 1 to see where price is

Always is better to have a channel bigger than 12.
Always is better to take the trades of higher TFs

Tops and Bottoms trades, is up to me To decide which ones are tradeable in favor to risk/reward

Question 12

Where do my trading success comes from ?

Answer 12

Selectivity and discipline

Question 13

10-1 HWC trade criteria

Answer 13

1) 2-4 pip candles
2) No too many wicks in the field of view
3) No steep channel
4) P1 flip + TBF + candle close
5) 12 to 15 pips Channel in the 10 min chart

Exit

1) 10m HWC to HWC or 40% Retrace (from the 1sr candle)
2) P10 HB a mid channel

3) use Hull in the future
4) Pure TaB 29, allowing price to reach MSL.

Post

1) 1min 5 pip channel, 10m 10pip Channel, 30m 20 pip channel
2) 30 min not influencing
3) Grid charcoal
4) Add INS, Fibos, magic Fibos, SB, or anything that made price turn
5) MSL -1 pip of the INS
6) ESL -10 pips from entry

Question 14

POT trading criteria

Answer 14

1) 30-10-1 HWC burst move
2) trades in the HL (LH), wave 2, of that movement in the burst direction.
They came from HWC, after impulsivity
If price is doing a HL and P1 is at huge divergence, it is tradeable
3) P1 HB + TBF
4) large Channel or steep in the direction to trade

We can only trust P1 in a POT

Exit
1) at 1 min in the other extreme + TBF

Question 15

What Type of Trade we can do in a 30 and 10 SITG?

Answer 15

I can enter a trade in the direction of the snakes (above 89, buy or below 11 , sell) in the HB of the 1 min

Question 16

What happen when we ignore the TBF ?

Answer 16

We will start to lose trades.

Question 17

What is the purpose of a SL in the new Paradigm?

Answer 17

It is the profit Regulator.

Question 18

Which kind of move we can not POT?

Answer 18

A 30 min wave, Never. Because, it is Pieces of 10, not pieces of 30.

Question 19

When a Sling shot happen?

Answer 19

In a 30m&10m snakes, the 1 min will PB making those sling shot moves.

Question 20

What to do in a 30m snake up and a 10m snake down?

Answer 20

we SITB every HB of the 1 min and exit in the HWC with the 10.

Question 21

Why we use the 40% Fibo retrace?

Answer 21

Because we are looking for the 4 move, that means that EW will not allow it to retrace more than 38.2% of 2-3.

Question 22

How we identify a strong TL?

Answer 22

When wicks TAG the price giving it a strong value and strength.
The bigger the wick, the stronger the TL

Question 23

Which channel are we trading with the 10-1?

Answer 23

The 10 min channel

Question 24

Are channel width apply to all kind of trades?

Answer 24

It is used for HWC trades, but Fans benefit of the narrow channels by stacking trades in the trend direction.

Question 25

Where is the SL located in a proven TL?

Answer 25

It will be a parallel line 1 pip away from it. That is why the TL must be perfect.

Question 26

How to prevent erosion in a POT impulsive?

Answer 26

Enter in the HWC and exit at the end of the impulsive move with the P1 at extreme.
It is better to get every movement in the main direction than holding the erosion.
We can use trend in TAB for the next entry.

Question 27

Why we must be careful with the SITG 30min?

Answer 27

Non steep - We must trade the first impulsive and exit at extreme.
Steep&narrow - Never trade the HWC, use the dominant pressure to stack trades in that direction.

Question 28

What we must do it a set up do Not follow the criteria?

Answer 28

Let it GO!!!

Question 29

What is an Interceptor trade?

Answer 29

Is a trade after an Impulsive Move, after a convergence point.
In this trade we keep trading the HB of the P1 that has a TL in the indicator. Bottoms in a Buy, Tops in a Sell.
Esto nos permite entrar en la falla despues del impulso.

Question 30

What is a Burst move?

Answer 30

Is an impulsive move like the 2-3 in an Elliot wave.
An impulsive wave always occurs at the point in the HWC
Usually in a Rally.

Question 31

How we trade PoT with divergence?

Answer 31

If we got the HB and the TBF and price is keep pushing in the main trend. If P1 creates a divergence, then it is tradeable.
As long as a HL pullback with a P1 HB+TBF the impulsivity will continues up.

Question 32

Did pristine trades exists?

Answer 32

Yes they DO.
I need patience to find them.
They exist and are real
They make pips
They keep my head game up
They compound
They let me enjoy my life with just 5 pips a day.

Question 33

Should I use candle patterns?

Answer 33

Yes,

Specially morning stars and evening stars in the 1 min chart.

Question 34

What is the objective of the 10-1 HWC trades?

Answer 34

To catch Burst trades, with about 15 pip goal.

Also to learn to find How the best trades Are.

Question 35

What 30m influence is about?

Answer 35

That the 30m wave should not be reaching HWC at the EZ or Snaking.
To Not show influence, it must be in the middle or around the PZ making its way up or down, which will not influence the 10m wave in the immediate future.
We do not want to trade when 30m impulsivity close to the EZ or HWC

Question 36

How wicks affect my trades ?

Answer 36

It is a sign of indecision, gambling. Not a pristine Trade.

Question 37

Who is responsible for my trading learning?

Answer 37

I am responsible to learn how to trade.

Repetition through a VOT will tell me where to GO.

Question 38

What are the Wave 4 percentages.

Answer 38

60% - 30-50% R
15% - 24 to 38% R
15% - 50 to 62% R

Question 39

Where should we exit in a 10-1 HWC if we enter with LLLUL?

Answer 39

We must exit in the 1m HB.

This is because we cannot do HWC to HwC for the tendency to go further.

Question 40

In which direction is better to trade ?

Answer 40

It is better to make trades with the Momentum in our favor.

Question 41

Why is important to check first the Channel size?

Answer 41

Because we can Size the Risk/Reward ratio.

Question 42

What is the first thing we check in the charts?

Answer 42

The channel size, for a properly R/R.

the estimate channel must be from 12 to 15 pips