In this video, the speaker shares his trading strategy and recap of a successful S&P 500 futures trade, which generated a profit of over $5400. He emphasizes the importance of understanding the market's behavior and reacting to the information it presents.
The speaker's trading setup was based on a previous day's large sell-off, creating supply near highs. The key levels he was watching were 4595 and 4613. He entered a long position when the market broke above 4595 and continued to hold it as the price consolidated near the highs.
When the market pulled back, he stopped out of the trade for a breakeven and re-entered it a few minutes later at the same price. The market then rallied back to the high and he exited with his target at 4613, making a profit.
The speaker also mentions his Instagram account, investitrade, where he shares daily trade recaps and tips. He encourages viewers to follow him for more trading insights.
1. The speaker made a profit of over $5,400 on the S&P 500 futures.
2. The speaker used order flow in their trading strategy.
3. The speaker gave a live replay of their trading process.
4. The speaker broke down the technical aspects of the trading setup.
5. The speaker also discussed psychological points of the trading strategy.
6. The speaker recommended following them on Instagram for daily trade recaps and tips.
7. The speaker emphasized the importance of understanding previous day's auctions and the week's auctions.
8. The speaker identified a large sell-off the day prior as a key event in their trading strategy.
9. The speaker highlighted a day with aggressive volume and a high volume sell-off.
10. The speaker used a V-WOP (volume-weighted oscillator) to identify potential trading scenarios.
11. The speaker identified two key levels for a trading plan on a specific date.
12. The speaker discussed the importance of reacting to market information rather than being bullish or bearish.
13. The speaker explained their strategy of going long when there was a lot of buying activity at the high.
14. The speaker identified a specific level where they expected the market to break the high.
15. The speaker used a volume profile split between bid and ask data to analyze the market.
16. The speaker identified a key level where they expected the market to break the high and target supply.
17. The speaker discussed the importance of not being greedy and holding onto a portion of their position in case the market rallied higher.
18. The speaker highlighted a specific level where they expected the market to reject the previous day's range and rally up into that range.
19. The speaker concluded the video with a reminder to like, comment, and check out the links in the description for more information.