Daytrading College

Author: DCPA

  • June 20

    June 20

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    DCPA
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    Usually, NQ! does react to lower time frame resistance, but sometimes the confluence on the higher time frames offers better opportinities. The featured image shows: daily imbalance (purple) 4 hour imbalance (grey) Some great plays for patient players. But even on the shorter 15 min time frame with 1hr imbalances the lower limits of each…

  • 0605-03

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    DCPA
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    NQ swept Asian lows in the morning and then kept on going higher. I tried to squeeze myself into a long entry, but markets would not retrace at all, except during news. I tried to follow up with a long, but felt the need to keep tight stops and move them quickly. I made a…

  • The Funded Trader

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    DCPA
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    This Prop Trading Company is the worst experience ever!

  • LQ Sweeps

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    DCPA
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    NQ in 05/2024: Below is a juxtaposition of 1hr (left) and the detailed 1min chart of the sellside liquidity sweep on 05/23. On the left side where the previous low was recorded on 05/20 the price created an impuls candle to the upside, leaving an imbalance and a bullish order block behind. The market traded…

  • Protected: Monday May 27

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    DCPA
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    There is no excerpt because this is a protected post.

  • Wallstreet Open 1 Minute Chart

    Wallstreet Open 1 Minute Chart

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    DCPA
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    Today, I am starting tweaks to my US30 opening trade. I want to go long at the end of the first 1 minute bar after open. If it has a solid body into one direction, I will trade its continuation of at least 100 points with a stoploss tightly behind the bar. In this instance…

  • Dax 1hr

    Dax 1hr

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    DCPA
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    Value Gap (yellow reactangle) on 1hr chart. It gets hit at 9:30 while taking out the 8.00h low of the day. Prefect long entry and +50 pts. rebound. The 1 min chart below shows how perfect of an entry this becomes with 1+1 method. SL under yellow value gap of 1 hr chart.

  • The Hour between Dog and Wolf

    The Hour between Dog and Wolf

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    DCPA
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    One of the most captivating writings about the development of boom and bust cycles in financial markets and how they are created by irrational risk takers. Author John Coales describes human biology and how it makes people tick and take action when riches are made and destroyed.

  • Wallstreet Open Strategy

    Wallstreet Open Strategy

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    DCPA
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    This strategy creates a trading opportunity based on the initial movement of the Dow or US30 index futures right after market open. The theory builds on statistics showing the index creating a high or low for the day – or at least for the first 90 minutes of trading – timed at the open. This…

  • What are CFD Brokers

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    DCPA
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    Minimal capital requirements often draw investors into trading CFDs. These leveraged instruments offer huge gains, but many people underestimate the risk. Brokers create their own prices since transactions are not exchange regulated which can devaluate positions rapidly.