SB Wisdom

Question 1

Why hunt for the best instrument?

Answer 1

We want 90/10 BTS trades. Not catching a move, or 50/50 trades.

Question 2

What is lower low, lower high?

Answer 2

Broken down market.
Broken structure on the inside.
start of Pump & Dump

Question 3

When a week starts they set a high and a low. Bring it back inside. If we are inside of the OR what does the market wants to do?

Answer 3

It wants to break out as it triggers OTF in the market and increasing the number of players in the market as the week evolves.

Question 4

What happens when a market closes OOB?

Answer 4

A market that closed OOB will either return to balance, pull back inside or it will pullback and stay OOB, a trending market.

Dalton Market Profile book

Question 5

Why NOT to sell the high or buy the low?

Answer 5

I look for coiled markets that I can put size on and be in and out of that market fast. Coiled parabolic setups with size that rinse and repeat.

Question 6

What is the basic setup of SB?

Question 7

What are range expansions?

Answer 7

Range expansions are typically the reversals or trend trades out of the Day “0” rectangles, ascending and descending triangles. Often they will start out of “smaller pattern within the pattern.”

Question 8

How does a BTS look like?

Answer 8

Question 9

What is a First Bar Trade - News Momentum Catalyst?

Answer 9

Two examples on gold, june 29 and juli 6, 2023. Price drops 1 tp 2 minutes and wipes out the entire volume to the left. This is on news, MRN.

Question 10

What is difference between a first bar to a first bounce trade after MRN?

Answer 10

First bounce is an explosive move coming out of a larger timeframe setup, and a pullback for the continuation. Explodes means it clears the range, it breaks out of the range. Or you get a bar that wicks both sides in the first minute that negates everything else.
First bar is the one minuter bar that engulfs the entire upper structure.
First bar, especially on a d2, 3 levels of rise; first bar traps the entire 1/3 to 1/2 of the 3 levels of rise on a D2 and target is LOD or LOW. No wicks on either side.
Tha allows you to enter in a momentum news catalyst opportunity.

Question 11

How does the recipe for LHF trade in the US looks like?

(put in a PFL in London)

Answer 11

when they put in a PFL in London

Question 12

Understand that the larger 3d template drives the market! When is this the case?

Answer 12

When OTF are in the market: 1h, 4h, D traders. Then all players are in the market and then parabolics will occur. These traders are all behind that move.

Question 13

Whe can you look for a potential reversal opportunity?

Answer 13

When breakout traders are in the money and there has no heat put into them. Then there is space (green). Space is a potential area for range expansion.

Question 14

A. What do you think when price dumps before a session?

B. Whast do you think when price dumps before a session?

Answer 14

A. Think PUMP.

B. Think DUMP.

Question 15

Is trading hard….?

Answer 15

No, it’s not. It’s easy and It’s simple; When you see IT.

BUT you only see it, when you EXPECT it.

The proces is about knowing what you are looking for on the day!

Question 16

What is your only work window?

Answer 16

It is ONLY the parabolic setup.

Question 17

What is my objective?

Answer 17

Zero stress
Minimal emotion
Rinse and repeat setups that pay me each and every week

Question 18

Technical analysis vs trading setups?

Question 19

When you come to your session will it be one of three scenarios?

Answer 19

yes!
1. Inside auction between H and L of day.
2. Longs or shorts already triggered into the market on the day. (OTF’s in the market)
3. Inside - BUT has a setup for a parabolic trade that will break out or reverse. (Three Session Setup)

I am always looking for the BEST TRADE SETUP CANDIDATE based on this information and whether or not there is MRN.
For either:
1. Three Session Setup
2 Low Hanging Fruit

Question 20

Can a 3 session and a 3 day setup BTS be the same?

Answer 20

yes, look at charts

Question 21

What is difference between the THREE templates?

weekly templte, breakout traders, FB-3 day cycle.

Answer 21

• Day 1 - Failed Breakout HOW or LOW starts a THREE DAY CYCLE (3 day setups)
• D1 - First day BREAKOUT TRADERS ARE IN THE MARKET
• MONDAY is ALWAYS Day 1 in a MONDAY to FRIDAY Template (OPENING RANGE - New TIming Cycle 1-2-3 / 1-2-3) (weekly template)

Question 22

What to look for when a BIS on the inside appears?

Answer 22

Look for squeezes, V-BOTTOMS (A-tops) and reversal trades.

Question 23

Most important elements of being consistent?

Answer 23

Time of Day and Levels. (high and low of the day)

Question 24

Why do you have to ask where you are on 09.30 EST?

Answer 24

You are inside when you are NOT at the high or Low of the DAY. When you are inside this is a recipe for Chopperama.

Question 25

Why do you wanne be a pattern hunter?

Answer 25

As you do not to trade moves. Just setups.
Out of a basket of 10-filter out to 4/5 right away. Narrow that dow to 1 or 2 when your session starts.

Question 26

Why cannot I predict?

Answer 26

I do not know what is going to happen until 45 min into the 12 candle window.

Question 27

Why are 3 levels of rise or fall important?

Answer 27

3 levels of rise or fall gives us Order Flow for an executable opportunity.

Question 28

Is the PF important for a THESIS?

Answer 28

YES. PF’s allows us to form a thesis and/or a session BIAS. Especially when the equity markets haven’t opened because if there are PF’s we do not want to Countertrend them. They will take you back into the PF before moving the market.

Question 29

What to look for when the 12 candle window starts?

Answer 29

SB looks if they go up or down. First 45 min you have a high.