Content Chart Champions

Content Chart Champions
Beginners
01 Introduction to our trading community
02 Risk management introduction
03 Candlesticks
04 Trading View introduction
05 Trade Size
06 Trading with leverage
07 Bybit tutorial
08 BitMex Tutorial
09 The journey ahead + Expectation management
Basics
KEY NOTES:
● Always protect your capital

● Risk management is the key
● Never enter a trade without a plan (know your invalidation and targets)
● Horizontals are very strong and important levels therefore they should be marked
correctly on the chart
● ALWAYS use two consecutive candle closes to mark a level
● Support becomes resistance when broken and resistance turns into support when
broken
● Market structure is the king!
● Develop a daily routine, always do your TA and make a plan before trading
01 Getting Started + Key Theory

Manage your risk, find your trading edge and always plan a trade
5:30 – TRADING TAKES TIME
● Becoming a pro (3-5y)
11:25 – NOT A GET RICH QUICK SCHEME
14:52 – 1% RISK PER TRADE or 2% IF YOU ARE CONSISTANT
● with 5400$ account 1% = 54

● $ risk / (SL% / 100)
● 54 / (4 / 100)
● 54 / 0.04 = 1350 = trading amount
● with RR 3:1 we either loose 54$ or we win $162
24:21 – 1-5% OF EQUITY RISK MANAGMENT
● For bigger accounts – a few millions
28:59 – THERE IS NO BEST WAY TO TRADE
● Is this increasing my profitability or reducing risk? ALWAYS has to be YES.
34:10 – WHAT IS YOUR EDGE
● Work it out, do not gamble

● No opinion, just trade CHARTS
41:10 – HAVE A PLAN
● Know when you will go out BEFORE you go in!

● When on losing streak, lower risk %
46:00 – YOU CANNOT AFFORD TO BE MEDIOCRE. AMATEURS NEVER WIN IN

THEIR LIFE!
48:04 – Q&A
02 How to Map Support and Resistances
Knowing how to identify support and resistance and horizontal levels is VITAL
4:21 – NEO COTW
● Trade explained in detail + S/R

● VPVR, LVN, HVN
NOTE: The most common retracement in a bear market is .382 (dead cat bounce)
22:56 – IDENTIFYING SUPPORT / RESISTANCE
● You need confluence

● Multiple touches on HTF
● MUST master urgently (first before more advanced techniques)
27:23 – HORIZONTAL SUPPORT AND RESISTANCE
● Monthly
● Weekly
● Daily
● 4h
NOTE: Daniel changed his style now to marking candle closes not wicks
54:55 – TRENDLINES
● 2 touches = strong speculative buy

● 3 touches = confirmed trendline
● Daniel shorts the third touch!
● 4th touch many times goes through = REKT
NOTE: Fib pull ALWAYS from left to right.
1:09:07 – BTC TA and Q&A
EXAMPLE: BONUS VIDEO 7

03 S/R and R/S Flips
When resistance is broken it becomes support and when support is broken it
becomes resistance.
4:05 – ATOM COTW
11:35 – WHY I TRADE BTC OVER ALTCOINS AT THE MOMENT
● Holding = losing money on alts

● Daniel just trades alts to gain more BTC
● Intends to get involved on reversal
16:28 – TIME AND PLACE FOR ALL TRADES
19:55 – S/R AND R/S
38:15 – 3 COMMAS, BITMEX CHALLENGE ACCOUNTS, LIVE TRADE + BTC TA
04 Market Structure
This is how the markets move (fundamental knowledge)
Market structure is one of the most basic and simple yet one of most powerful concepts
in trading.
Many of the tools used in TA (Fibonacci, Elliott Waves, Harmonics) are built on the base
of market structure.
If you can understand the concept of market structure you can identify the trend on any
given time frame. That can help you build a case for a potential trade (confluence!).
Also, you can spot the potential reversal.
2:54 – UPTREND
4:05 – DOWNTREND
5:00 – SIDEWAYS
6:06 – TREND CHANGE
10:03 – SUPPORT AND RESISTANCE
12:30 – EXAMPLES
ADDITIONAL EXAMPLES: BONUS VIDEO 6
05 Daily trading routine

You always need to be prepared for the day ahead
6:00 – XTZ/BTC
● You always start TA from HTF to LTF

● When MS is in your favour you are greatly increasing the probabilities of winning
a trade
20:10 – ROUTINES
● If you do not have a plan your plan is to fail

● Daniel is always prepared for the day ahead
● He marks out his key levels
● He plans all possible trade setups (bullish and bearish)
● He only takes the trade that comes to him (no pressure, Daniel trades whenever
he wants to, whenever the setup is there)
● Not taking a trade is a trade
● In a daily trading sheet, he has all the key reference levels and knows which
setup he will take. He is prepared for the setups before they are visible (new daily
updates!)
● Every single morning you should work out the context because it gives you base
and understanding the structure for the day
● Keep things simple in trading in order to not get lost
25:05 – CONTEXT
● Daniel firstly identifies the context – trend direction on LTF (15min to 1h) and on
HTF (1 day chart). If something goes sideways you trade it different than if it is
trending. This has a massive impact on the whole day, it is one of the first things
to write down
○ If something is trending Daniel is buying dips and trailing SL, not taking
profits
○ If something is going sideways he does not add to the position, he buys at
the low of the range and sells at the high of the range
● Higher time frame EW count is also extremely important
○ If price is for instance in trending wave 3, Daniel will be aggressively
longing the dips, compound and trail SL
○ If Daniel thinks price is in a 4 wave triangle, he will be expecting ranges,
taking TP’s, and interested in longing lows and shorting highs
● CVD divergences – when in sideways range, Daniel looks for CVD divergences
to get the context of what the larger trader is doing
● These will give Daniel a daily bias and he will then decide if he is more bullish or
more bearish for the day and he will take longs/shorts accordingly
31:10 – IMPORTANT LEVELS
● CC Fibonacci global and local

● 4 hour EMA’s 55 and 200
● POC’s (Daily, Weekly, Monthly)
34:04 – KEY HORIZONTAL LEVELS
● These are biggest trading levels (with several layers of confluence) = strong
support/resistance levels
36:26 – VOLUME INFORMATION
● OI
● Daily volume and delta
● Funding – bullish or bearish?
● BTW, recording statistics is one of the major ways that Daniel became successful
in trading!!!
40:14 – OPENS AND NOTES
● Daily, Weekly and Monthly opens

● What Daniel is trading and key day notes
41:30 – IMPORTANCE OF DAILY SHEET
● Identifying these levels gives Daniel an edge, it identifies his setup

● Knowing exactly where you want to short and where you want to long in advance
gives you a massive advantage. No plan loses you money.
● After you identify all these, set an alert and wait.
● When alert goes off Daniel reviews the trade
○ Is there rejection?
○ What is the volume like?
○ What is the OI like?
○ What is the delta like?
○ Are there any type of divergences?
● Daily routine – plans – levels you want to trade off of – alerts – times to make
inform decision!
52:42 – QUESTIONS
● 1hour time frame divergences are good for day traders and swing traders
● Daniel likes 1 hour TF
● Daily open is more important for day traders
1:09:09 – NEXT CHAMPIONS STREAM + SUMMARY
Trading Psychology
KEY NOTES:
● Trading without emotions is the key

● Stick to your plan
● Truly understand and accept the (calculated) risk on your trade
● Greed makes you lose money
● When you focus on trading, money comes naturally
IMPORTANT:
If you want to take trading seriously, do the 25 trades with one dollar challenge (as
described in a stream)
01 Trading Mindset
Introduction into trading psychology
6:39 – TRADING PSYCHOLOGY
● Work out a trading strategy

● Understand and accept the risk on every trade
● Stick to the plan and remove emotions
8:08 – DO YOU?
● Second guess yourself when entering trades?

● Have fear during the trade?
● Not stick to your original plan of the trade?
● Have a plan ?
9:22 – UNDERSTANDING AND ACCEPTING THE RISK
● People accept they can lose, but they do NOT accept the risk
○ EXAMPLE: You take a long trade with stop loss and take profit set. Each
downwards move causes fear.
○ Seeing profits sometimes hurts people – they close out too early cause
they see profit
18:28 – I CAN LOSE ANY TRADE I TAKE
● Daniel fully accepts the risk he takes on every single trade

● You cannot accept your wins if you so not accept your losses
● All it takes is one person to invalidate your trade (risk management!)
● Daniel trades probabilities.
● We are the casino owning the slot machine
22:15 – TRADING STRATEGY – CHALLENGE
● Decide the set-up you are going to take for the next 25 trades and take that
set-up every single time.
● On each trade use only one dollar and record each trade result. What went wrong
and what could be improved.
● At the end of the 25 trades see your win percentage and if any adjustments need
to be made.
● If you can do this with one dollar, you can do with more as well – find your
personal tolerance after challenge completed.
● If you want to take trading seriously, this is a MUST (after watching all the
educational videos).
32:35 – THE SECRET TO TRADING
● You need to go through the process of study and preparation in order to reach the
excellence
● Trade with no fear or overconfidence
● When you get a trade set-up stop over thinking and think of a percentage over a
series of trades perspectives.
42:36 – SUM UP + Q&A
59:08 – BTC TA
02 Psychology introduction
Focus on trading emotions, risk management and trading steps before each trade
4:35 – FTM/BTC COTW
10:22 – PSYCHOLOGY IN TRADING
● How to manage emotions – the TA is there but the trust in set up is not
● Lost confidence after string of losses
● Too scared to enter the set up
● Feeling pressure and tension
● Daniel can give the best TA but cannot manage our emotions
● To fix a problem one has to understand the root cause
● You have to analyse the problem in detail or find expert in that field
23:02 – INTRODUCING VICTOR – A NEW MENTOR!
31:38 – SUMMARY
33:33 – BTC TA
39:50 – Q&A
● You have to be extremely strict with risk management

● Journaling and recording statistics is very helpful
● SL has to be at the invalidation level (wherever it is)
● Channels, fibs and horizontals are so powerful when it comes to basics
03 Psychology in Trading
Focus on charts, focus on trades, do not be greedy and money will come naturally
6:06 – ETC COTW
● Pitchfork: bottom of wave 1, top of wave 1, the bottom of wave 2

● TARGET: middle line (80% chance of reaching the target)
● When wave 2 retraces heavily wave 4 generally does not retrace so heavily
(sideways – .382)
27:24 – TRADING MINDSET
● FOCUS on charts, FOCUS on trades and money will come naturally

● Scared money does not make money
● Do NOT be greedy
● If you are scared to take a trade you cannot become consistent
● No feelings and emotions! (step back)
● Pros have a knack of knowing what is going to happen next
39:20 – TAKE RESPONSIBILITY FOR YOUR OWN TRADES
● Your decision, your trade

● Keep a trade journal!
● Analyze what went wrong, LEARN
43:00 – NEWS BASED PUMPS: XRP VS. LINK
56:45 – TREND WITHN TREND
● A lower high is only made once you take the lows (H, L, LH)
58:31 – FOLLOW THE TREND YOU ARE TRADING
● Day trader follows 15MIN to 1H trend

● Position trader follows 1W trend
04 Trading Emotions
An amazing and massively important stream that helps you become a good trader if
you follow it
6:30 – TRADING PSYCHOLOGY
● Victor focuses on three subjects – trading emotions, risk management and

trading steps before each trade
7:30 – TRADING EMOTIONS
● Fear, depression, greed, euphoria

● Find your centre
● Get in your zone
13:00 – RISK MANAGEMENT
● Protect your capital

● Stick to your plan
● No trade is also a trade
● Leverage is like a drug
19:16 – TRADING STEPS BEFORE EACH TRADE
● Find the confluence

● Pick a position size that fits your account
● Execute
23:00 – FOCUS MENTALLY AND PHYSICALLY
24:45 – INTRO TO NEXT CHAMPIONS STREAM
34:44 – SUMMARY
36:18 – Q&A
● A very nice Q&A session about trading, winning, losing, motivation …
BONUS VIDEO
https://www.chartchampions.com/bonus/bonus-video-marty-schwartz-live-mornin
g-coffee-session/
Entering trades
KEY NOTES:
● Recognize high liquidity areas

● Use wide stop loss (adjust position size accordingly)
● Find high liquidity places, price is drawn towards them
● ALWAYS look for CONFLUENCE and what is the most probable to happen
● Laddering into a trade and compounding is very useful
● Work out what is your preferred strategy of entering a trade
● Consider a checklist before entering a trade
01 Consolidation
Consolidation, consolidation above support and consolidation below resistance
4:32 – ONT COTW
● Confluence is like making a cake – you have to have several ingredients to make
a good one
19:52 – CONSOLIDATION
29:12 – CONSOLIDATION UNDER RESISTANCE IS BULLISH
● Sellers get exhausted and demand is getting higher
33:46 – CONSOLIDATION ABOVE SUPPORT IS BEARISH
● Buyers get exhausted and the price goes lower
34:52 – CONSOLIDATION ABOVE SUPPORT COUNTER ARGUMENT
● Consolidation over support gives you an amazing long entry

● BUT do not forget about CONFLUENCE!!!
● Do not just randomly buy resistance and sell support
● See the trend! See fibs! See S/R!
● Also, support/resistance is never just one line
● On support, you have an accumulation zone and you keep on buying BUT a
break down invalidates
NOTE:
You are scared to enter a trade because you either use too much money (poor risk
management or you are haunted by the past trades
02 Confluence
How to build a strong and most probable scenario
5:56 – ICX COTW
● It is important to know the coin you are trading

● ICX likes to front-run 0.618 (it did by one sat this time)
● ICX likes to double top and double bottom
16:24 – BTC POTENTIAL BOTTOM IN
● You have to build a very strong case when want to accumulate a very big position
● Daniel builds bull and bear scenario and goes with the higher probabilities (He
said in this video that price will likely push to at least another LH on macro –
10.000)
27:20 – HOW THE 2019 350% RISE STARTED
● Bump and run + iH&S
30:25 – BULLISH BTC PATTERNS IN PLAY
● Bump and run + iH&S

● CC
● CC within CC
● 2018 Monthly support bounce
● WYCKOFF accumulation
● Long term trend line support (log)
● Gartley harmonic wave trade
● S. when you go from 0.618 to 0.618 you HAVE TO think of Gartley
● Fib channel support
● Bullish 3 drives pattern
● Fibonacci speed fan support
● Gann fan support
● Pitchfork support
● Fibonacci time pivot
● 2017 to now POC
1:06:38 – Q&A
● Daniel’s statistics from June to December 2019

● 83% of the time if the high that was formed on the chart is not directly followed by
a 4H bearish engulfing candle that takes lows it is very likely that the price at
least SFP the high
03 Compouding + Averagin Down +
Laddering
Different ways how to enter and manage trades
5:44 – REN COTW
● Daniel uses 1H bullish OB and 0.382 for confluence

● You expect OB to hold on the way down BUT not just any random one, it is a skill
to recognize it
24:34 – COMPOUNDING TRADES
● You are in a setup already and then another setup presents within the setup
● You would take this trade regardless – it is a trade itself
● You are moving SL up as the price goes up towards targets
33:28 – AVERAGING DOWN IN TRADES
● ADVANCED method!
● You are adding to a losing position as you are presented with another setup
● Daniel usually closes trade on break even after a bounce and reviews it. If he
sees it is a good trade, he enters again with a fresh mind
● Do NOT do this often
41:04 LADDERING INTO TRADES
● You place multiple orders and get an average entry price
44:25 – EXAMPLES and Q&A
● Always make sure SL is not too wide!

● TIP: if you are missing setups make a list of 3-5 coins and follow them every
single day!
● Most important are horizontal levels
1:10:01 – TRADING JOURNAL
● It is a must!!
1:12:37 – PAUSE AND READ (MOTIVATION)
04 Swing Failure Pattern and Liquidity

Places where there is a lot of buying/selling activity
12:31 – THE BUCKET-SHOP RUN
● Mike shares a story

● The origin of liquidity grabs
21:41 – LIQUIDITY AREAS
● Areas or zones where a lot of trades have taken place or can take place without
having a significant effect on its price.
● Whenever you want to fill a bigger limit order you have to place it where a lot of
transactions take place.
● Liquidity is created where a lot of activity has taken place (people enter and exit
trades). Usually it is near a point of interest combined of different technical
factors, such as Fib levels, naked POC’s, market structure.
● In these places, many people are likely to have their stop losses placed because
they feel safe to place them there as they are backed up with TA.
● With this knowledge, we can determine where people’s stop losses are likely to
be (also, that’s why it is safer to have a wider SL – two HL back)
● Liquidity is being run:
○ To fill large position sizes
○ To collect margin for brokers/exchanges (when you lose a leveraged
trade, exchange ‘earns’ a lot of money from your loss)
○ To force as many people out of market (when they get stopped out they
are then forced to buy back higher when price reverses)
26:00 – RECOGNIZING LIQUIDITY AREAS
● As a trend progresses, liquidity pools are building up on the way (swing traders,
day traders and scalp traders stops). Some are bigger than others
28:22 – LIQUIDITY POOLS
● There is no specific rule how many liquidity runs a trend should have, they all
have different characteristics
● You can use Exocharts for some extra confluence
32:08 – SWING FAILIURE PATTERN (SFP)
● It is an attempt to swing below a significant low but failing to do so and instead

closing back above the previous low to resume, reverse a trend or giving the
opportunity to trade a bounce.
● SFP’s are also called stop hunts or liquidity grabs and they are the same thing as
a bucket-shop drives
● They occur on all time frames. The higher the TF, the more significant its effect
can be. Ultimately the context is extremely important – not every SFP reverses
the trend entirely. Always find confluence from other TA.
33:44 – SFP EXAMPLES
● The higher the price closes the stronger the SFP (arguably).
● A successful SFP relies on the following ingredients
○ Price breaches a significant higher low/high and does not close past that
high/low
○ Highest volume is near the high/low of a candle (trapped traders)
○ Market structure
● It is very useful to check OI, delta and volume on Exocharts to get additional
confirmation
58:35 – Q&A + BTC TA
05 Trade entry strategy

Different options how to enter a trade (pre-set, market, alarm)
6:40 – TRADE ENTRY OPTIONS
● Pre-set orders
● Market entries
● Alarms
10:14 – PRE-SET ORDER
● It is the most common among traders

● Positive: removes a lot of the ‘in the action’ emotions and changing of plan when
price reaches level
● Negative: can cause unnecessary losses
12:55 – MARKET ENTRIES
● It is the most common among swing and day traders

● Negative: adds an emotional aspect of trading
● Positive: losses should be less common as you buy from confirmation
14:29 – ALERTS
● It is the most common among swing and day traders

● Positive: allows you to review action
● Negative: make an informed decision
15:20 – AMAZING EXAMPLE
● Daniel explains why he took a trade (after his alert went off)
21:56 – DANIEL’S CHOICE

● He loves to use alerts because after the alert goes off he reviews the PA, volume,
OI, delta, GC correlation etc.
● He takes only best trades and that’s why he has such a high win rate
23:50 – EXAMPLES
● Variety of great examples
46:53 – Q&A
● Daniel puts focus on his main account but has several different accounts and he
has many windows opened to manage them. There are also some platforms that
help with managing different accounts
54:22 – SUMMARY
56:14 – BTC TA
Indicators
KEY NOTES:
● There are lagging indicators (no too useful) and leading indicators
● Daniel only uses indicators at last, to add confluence
● OI is extremely helpful (health of the move/trend)
● Funding can provide useful information but is dependent on context
● VWAP is brilliant indicator, it incorporates price and volume (a strong S/R line)
01 Indicators
Some of the indicator explained in short
4.26 – BAT COTW
● When Daniel sees a coin with strong momentum to the upside, he will buy with
momentum if there are no signs of slowing down (DAYTRADE!)
● With bullish momentum, Daniel used 26 EMA on 5 min and awesome oscillator
NOTE:
A good way of finding the target for wave 5 is to take an extension from the bottom of the
wave 1 to the top of the wave 1 to the bottom of the wave 4. If wave 3 is not extended
(1.618), wave 5 can be higher.
24.11 – INDICATORS INTRO
27.08 – LAGGING INDICATORS
● Calculated from the last close (they cannot predict)

● EXAMPLE: you see crossover on MACD or EMA – the move has already
happened, you ‘missed’ it. They are used for confirming a trend and its strength.
31.52 – AVERAGE TRUE RANGE
● Daniel uses it for the stock market
36.36 – ADX (AVERAGE DIRECTIONAL INDEX)
● Great for swing trades

● It can determine how strong the trend is and in which direction it is going
● 0-25 not a strong trend, 25-50 average trend, 50-75 very strong trend, 75-100
strongest trend
● Green above red = bullish, red above green = bearish
41.58 – AWESOME INDICATOR
● For all time frames – Daniel likes it

● Measures strength of the move, it is useful with EW
49.30 – OBV (ON BALANCE VOLUME)
● It is used for trend confirmation
1.00.06 – ZIG ZAG
● Shows you swing high and swing low – very useful for beginners
1.01.20 – STOCHASTIC RSI
● You are looking for bullish and bearish crosses (good for scalping)
1:03:57 – MFI (MONEY FLOW INDEX)
● Green = MFI and volume up

● Brown = MFI and volume decline
● Blue = MFI increases and volume decreases (fade)
● Pink = MFI diminishing and volume growing (fight between buyers and sellers)
1:09:48 – PP (PIVOT POINTS)
● Double click and change to Fibonacci and untick show historically

● Works on different TF
● Shows S/R
1:12:51 – ALLIGATOR
● You want to see them widen for a strong trend
1:14:26 – VPVR (VOLUME PROFILE)
● Shows horizontally where volume is coming in (covered in details on 8. 4. 20

Contenders live stream)
Although Daniel is giving us all these indicators today, he’d be so much happier to get us
to the place where we trade with zero indicators (like him). You add them at the end
when you already have a bias.
02 Divergences
All the types of divergences you need to know
3:12 – LTC COTW
● When for instance Weekly level is so close to Monthly, Daniel leaves the higher
TF level on the chart
● Generally, take newer levels unless older ones are being very respected
16:06 – DIVERGENCES
● Daniel never, ever, ever trades from divergences alone

● He does not really use indicators, he looks at the last to just add to the
confluence
● Noobs are obsessed with them and 95% lose money (so think …)
● EXAMPLE: price goes sideways for some time then massive move to the upside
occurs, a little drop, and another move up. This type of action will always show
bearish divergences – momentum on the secondary rise cannot be the same as
on the first one. So, it does not mean you should short
23:59 – BULLISH DIVERGENCES = REVERSAL
● Price makes a lower low

● Oscillator makes higher low
29:48 – BEARISH DIVERGENCES = REVERSAL
● Price makes a higher high

● Oscillator makes lower high
Bear in mind that calculations on oscillators are calculated from candle closes not wicks.
Bearish divergences can be useful if the price comes into HTF resistance (buying drying
out).
31:50 – HIDDEN BULLISH DIVERGENCES = CONTINUATION OF UPTREND
● Price makes a higher low

● Oscillator makes lower low
● It happens on the uptrend = buy the dip
35:05 – HIDDEN BEARISH DIVERGENCES = CONTINUATION OF DOWNTREND
● Price makes a lower high

● Oscillator makes higher high
● In downtrend price rises into resistance = short the rally
38:28 – DIVERGENCES CLASS
● It is impossible to predict divergences, depends on momentum (they lag)

● Divergences are useful on LTF when you are scalping (tiny pullbacks) – just do
not expect too much of them
45:45 – Q&A + EXAMPLES + BTC TA + ALTS
03 Open Interest + Funding

Very useful to follow to determine the ‘health’ of a move
4:47 – ETH COTW
11:21 – BTC TRADE DANIEL TOOK
19:19 – OPEN INTEREST AND FUNDING
● OI is a must
● Useful statistic to follow when trading macro trend (you see how healthy it is)
● You can find patterns (for instance BTC used to fall every time OI hit 1 billion) –
not too recommended
● With funding context is important
24:48 – OPEN INTEREST

PRICE VOLUME OI MARKET
rising* increasing increasing strong uptrend = bullish
rising* decreasing decreasing weak uptrend = bearish
declining increasing increasing strong downtrend = bearish
declining decreasing decreasing weak downtrend = bullish
*longs opening
*shorts closing
Websites to check OI: Tradinglite, Tensorcharts, Sk3w, Coinalyze
39:58 – FUNDING
● Perpetual swaps do not have expiry date. Price ‘needs’ to stay near the spot
price so when it starts to reach extreme differences off of the spot to leveraged
price, finding is used to make traders open or close positions
● Positive funding = long paying shorts
● Negative funding = shorts paying longs
● 01-0.02 = normal, 0.02-0.075 = very high, 0.075+ is extreme
● you always have to look at the context though – people don’t mind paying if the
demand is high
57:39 – Q&A

04 VWAP
An amazing indicator that incorporates price and volume
4:07 – BAT/BTC
10:39 – VOLUME WEIGHTED AVERAGE PRICE (VWAP)
● It is a S/R line
● It is nice because it incorporates price and volume which we love to trade off of
● It is good to enter with bigger position at the VWAP because there is a lot of
volume transacted and you can fill bigger position with little slippage
● VWAP is brilliant for scalp trading
● It is good for scalp and swing trades
● HTF VWAP is a very strong S/R line
● When price is above VWAP it is ‘above value’ and when it is below VWAP is it
‘below value’.
● When the HTF VWAP (yearly) gets touched for the first time after trending one
would expect a strong reaction. Context is very important
● Weekly VWAP is a level that gets interacted quite often
● Daniel uses session VWAP, but is aware of Weekly VWAP too
18:50 – EXAMPLES
● When VWAP is lining up with another confluence such as Fibonacci or POC it

gives great trades
● When scalp trading you have to be very strict, no emotions.
● VWAP works extremely well with VAH, VAL, POC, CC
37:58 – LIVE EXAMPLES ON TV
● VWAP Anchored is a nice feature on TV. If there is a very big reference level (the
significant low or high) this tool gives you VWAP of that
43:40 – Q&A
● If possible is best to get into position at limit order, especially if you are scalping
tiny range. If the move is a bit bigger it is acceptable to enter at market
● Daniel does pre-set orders if there is good confluence for him. When price breaks
through VWAP it is ‘expected’ to hold for (at least) the first touch if there is
another level of confluence (CC/POC etc.).
● VWAP lags behind PA so it is more likely to see price in a trending market to get
a VWAP off of CC then the .382. It is lagging indicator, it cannot predict price
● If Daniel goes for tiny moves his invalidation can even be 1 dollar, he is tight on
his invalidations, especially if he buys at market
● On Exocharts Daniel scalps these moves on volume chart, on TV is ok to trade
on 3-5 minute chart
● On Exocharts VWAP is always set as session
● For swing traders Weekly and Daily VWAPs are useful
● Daniel likes to build statistics by recording present time than checking what
happened in the past – if something happened in the past it does not mean it will
be keep on repeating.
● In crypto session refers to 12pm UTC to 12 pm UTC (one day is one session). In
stock market session is from open to close of the market.
● Daniel does not use Weekly VWAP tool for trading but he is aware of it, he likes
to know where it is, because it is a big S/R level. He would never take a trade off
of it.
01:07:17 – RECAP
Fibonacci
KEY NOTES:
● All fibs should always be pulled from left to right

● Use negative fibs, fib extensions and fib expansions to find potential targets
● Fibs work extremely well in EW
● Harmonic patterns are drawn solely off fibs
● Pull fibs from not so obvious places also
● Doing your TA right but not time it right can result in a losing trade
● Fib fan + Fib time + Fib retracement = God mode
01 Fibonacci Retracements
Basics of Fib retracements + champions channel
4:28 – ONT COTW
● Long entry from CC + Weekly = bounce
19:29 – FIBONACCI RETRACEMENT
● It is a must
● Do not put SL based on Fibs, use MS
● ALWAYS pull from left to right
● In a strong uptrend, 0.382 is support, if lost 0.618 should hold (it is also possible
that the consolidation takes longer time).
● After a long downtrend, you can only start to have confidence that the potential
bottom is in when 0.236 is claimed.
41:47 – CHAMPIONS CHANNEL – CC
● Between 0.618 and 0.66

● Pull a fed different fib pulls (at least two) and search for those that match
47:32 – FIBONACCI CONFLUENCE
54:23 – CC BOUNCE IN THE CC + Q&A
● Price gets a bounce on the CC and from the bounce price retraces to the CC
again – that is a good area of value.
● The idea of how to ladder orders:

○ One on the front run of 0.618
○ One in between 0.618 and 0.66
○ One on 0.66
02 Fibonacci Negative
Negative Fib levels for moves that are external
3:12 – XRP COTW
21:19 – NEGATIVE FIBONACCI TOOLS
● Another level of confluence

● For moves that go external from Fib pull range
● -0.236, -0.618, -1, -1.618
● It gives you potential targets (TPs)
● With standard Fib pull you find resistance, with negative you find potential target
for the short or potential entry for the long
46:37 – Q&A
● For ATH, Daniel would use Extension, Volume, Pitchfork, Gann theory. He does
not short them though, just takes profits. He always looks for confluence, of
course.
03 Fibonacci Expansion
Fib levels for moves that are external – very useful for ATH and ATL targets
2:28 – TRADING UPDATES
12:12 – THETA COTW
21.12 – FIBONACCI EXPANSION

● A very useful tool for coins that go to ATH and ATL
● 272, 1.133, 1.414, 1.618, 2, 2.618, 3.618
● Pull a fib from low to high and you see where price might go if it breaks down
● Pull a fib from high to low and you see where price might go if it breaks upwards
● ATL – take fib expansion from the last swing low to the last high (gives you
potential targets)
45:45 – EXAMPLES
● Daniel gives an amazing example on OMG/BTC

● ATH – take fib expansion from the last swing high to last swing low (it is not
recommended to short, just take profits)
● It is less risky to buy ATL than short ATH
58:30 – WHY I SHORTED BTC / LONGED BTC
1.00.20 – Q&A
04 Fibonacci Practice and Risk

Management
Putting previously learned Fibs into practice + a great story
8:38 – WTC COTW
● Daniel trades only coins that he has been trading for at least a year. He gets a
feel of how they are trading. They have to trade technically well (XRP does not
obey TA, therefore, it is off of the list. Too many fakeouts)
27:09 – RISK MANAGEMENT + GREAT STORY
● In trading, it only takes one person (with a fat finger) to think differently than you
and the setup you thought was unstoppable is broken = there are ZERO
guarantees!
● Trade from PROBABILITIES!
● Let them set up come to you, do not chase trades!
43:09 – PRACTICING FIBONACCI TOOLS
● When trading breakout of the parallel channel you can also find the target with
pulling Fib – you can look at CC, the start of the channel, expansion tool for
instance
● When SL would be too wide you can just wait for the change of MS and enter a
bit higher. Place SL two higher lows back and therefore your trade is safer.
05 Live Fibonacci Charting

Practicing the three Fib tools
2:40 – LINK COTW
17:11 – FIBONACCI EXTENSION
● This tool gives targets for external moves (works well with EW)
● If an asset does not hit 1-1 extension that is a big signal of weakness
● The most useful are 0.618, 1, 1.618, 2, 2.618 and also 1.414, 1.133 for patterns
● 1-1 extension is common in sideways movement (correction)
● 618 is common for impulsive PA
● breaking and closing above 1.618 means it is very impulsive and the next target
is 2.618
● With this tool, you can find the target for wave 5. Take extension from the bottom
of the wave 1 to the top of the wave 1 to the bottom of the wave 4. If wave 3 is
not extended (1.618), wave 5 can be higher.
36:43 – EXAMPLES AND Q&A
● In correction when you have (a) and (b) your standard extension is 1-1

06 Fibonacci Extension
The three-pivot tool that gives targets for external moves (very useful with EW)
5.:20 – LINK COTW
21:16 – FIBONACCI BOT ALGORITHMS
● The majority of bot algorithms work off Fibonacci (many use a filter with MA’s and
% changes in speed)
● Works good on smaller market cap altcoins which are primarily traded by bots
● 0, 0.5, 1, 1.5, 2, 2.5, 3, 3.5, 4, -0.5, -1, -1.5, -2, -2.5, -3, -3.5
● IMPORTANT: When you go from low to high you HAVE TO see reaction off 0.5
● Select pivots that you see are respected (sometimes in confluence with the
channel)
50:01 – Q&A
● This theory applies on IOTA, STRAT, WABI, WAVES, ICX, BAT, LINK, ZRX (the
last three are very technical anyway, driven by fibs)
● As with everything you need confluence (and risk management)
1:08:27 – EXAMPLES
07 .5 Fibonacci
Useful for smaller market cap coins (popular with bots)
5:13 – THETA COTW
16:49 – WAVES
● Amazing gains worked really well with 0.5 fibs
19:44 – SELECTING THE PIVOTS TO PULL FROM
● Daniel likes to pull fibs from not so obvious pivots
23:23 – GANN RETRACEMENT LEVELS
● He uses retracement levels in eights and thirds

● Daniel got 0.66 from this theory
● Works same as fibs, just different levels (percentages)
● You can pull standard fibs and Gann fibs and see which ones are more respected
50:06 – BTC TA
● Look back on the amazing SL placement
1:00:42 – A FEW WEBSITES (+BTC)
● Tensorcharts (heatmaps)
● Exocharts (OI on delta bars, you see exactly where the orders are, POC in each
bar, market orders, etc.)
1:07:33 – Q&A
08 Gann Retracement levels
He uses retracement levels in eights and thirds
5:13 – THETA COTW

16:49 – WAVES
● Amazing gains worked really well with 0.5 fibs
19:44 – SELECTING THE PIVOTS TO PULL FROM
● Daniel likes to pull fibs from not so obvious pivots
23:23 – GANN RETRACEMENT LEVELS
● He uses retracement levels in eights and thirds

● Daniel got 0.66 from this theory
● Works same as fibs, just different levels (percentages)
● You can pull standard fibs and Gann fibs and see which ones are more respected
50:06 – BTC TA
● Look back on the amazing SL placement
1:00:42 – A FEW WEBSITES (+BTC)
● Tensorcharts (heatmaps)
● Exocharts (OI on delta bars, you see exactly where the orders are, POC in each
bar, market orders, etc.)
1:07:33 – Q&A
09 Fibonacci Time
Time is very important – even if your TA is correct, but you don’t time your entry
correctly you lose money
5:48 – ENG COTW
● The last upwards movement before the selloff (bullish OB)

● When you have this zone that offers no resistance on the way up then when you
come back to the level you expect it to hold as support
17:19 – FIBONACCI TIME
● Correction should take longer than the impulse

● Time is very important. You can use TA to work out the direction but if you don’t
know the correct time to enter you can be right in your analysis but wrong in
timing and you lose money (SL …)
● Very good in confluence with harmonic patterns and EW
● Corrections are at least 1-1 but usually 2-3 times longer than the impulse
44:51 – HARMONICS + FIB TIME
● Relationships Daniel likes to see between ABCD in harmonic patterns are 1-1
and 1.618). ABCD is the most important to be symmetrical like this.
NOTE:
If correction happens too fast it is more likely that it is only one leg of correction,
meaning it will likely go sideways after that for longer time
1:11:50 – COMMENTS AND Q&A
● Time fib can be used on any time frame but as always, the higher the time frame
the more profitable (4H+ TF)
● You do not use Fib time just on impulsive moves but you can also pull fib time
from the start of the correction (high) to the end of the correction (low) to the next
top (next LH).
● EXAMPLE:
○ You have the high (5) – first pivot, low (W) – second pivot, next (lower)
high (X) – third pivot, so (Y) is likely to be 1-1 extension. It is important to
click on the exact day of the high/low!
○ Also, to get a price target you can pull fib extension from the high (5) – first
pivot, low (W) – second pivot, next (lower) high (X) – third pivot, and also
target 1-1. Altogether now you get the approximate date and
approximate price target. How amazing is that!
10 Fibonacci Fan
Very good tool for timing entry
5:18 – THETA COTW
12:47 – FIBONACCI SPEED FAN
● Good for determining when the slope of the move has become overextended and
a good time + angle of retracement taken
● Best on 4H+ TF
● Very good for timing entry
● Fib fan + Fib time + Fib retracement = God mode
● Daniel uses this tool on every macro chart
● As other Fib tools, you can select different pivots
● If price breaks 0.75 price will likely move to the high (trade level to level,
probabilities)
42:50 – RANDOM EXAMPLES + Q&A
● When the decline is very fast fib fan is not helpful
1:01:19 – TRADING VIEW MISTAKE

Channels
KEY NOTES:
● Channels are neutral patterns, they can remove biases

● Never delete an old channel, it might come into play again later
● Sideways channels are more respected than sloping channels
● Bull and bear flags regularly for channels
● Deviations are normal – know when to adjust them and when not
● Duplicating channels gives you potential target for the move
● Fibonacci channels are best used on HTF
Parallel channels part 1
Parallel and sideways / sloping channel
5:55 – ENJ COTW
13:00 – PARALLEL CHANNELS
● They can remove biases

● There can be some deviations
● Should be at least 4 touches (2 top, 2 bottoms)
● Neutral pattern, you have to see the overall trend, etc.
● When it breaks, you see an increase in volume.
● DAYTRADE CHANNEL (1H):
○ Daniel takes 50% profit in the middle and moves SL to BE. If there is sign
of strength (trend change) he would compound with 30% and aim for the
top. When price goes back to the bottom of the channel after only
reaching midpoint Daniel just adds 5-10%.
● SWING TRADE CHANNEL (1W):
○ You hold the position for a longer time and close completely (or majority)
in the middle of the channel (resistance).
30:24 – SIDEWAYS / SLOPING CHANNEL

● Entries for bull/bear channels are 0.382 or the breakdown of the channel support
for bear channel and breakup of the channel resistance for bull channel
● You need 3 points, on the third touch there should be some support holding
● SL depends on MS (one has to look for relevant points on the chart)
● Daniel likes to trade them on 5min
41:02 – EXAMPLES

Partial declines or rises in patterns and channels
4:38 – EOS COTW
15:05 – PARALLEL CHANNELS
● Overview from pt. 1
31:15 – PARTIAL DECLINES / RISES IN PATTERNS / CHANNELS
● Price moves along in a pattern but does not reach the trendline of one of the
moves
○ Not touching top = weakness
○ Not touching bottom = strength
● For drawing channels, you look for respected candle closes or S/R levels (wicks
and candle closes are both ok)
● When channels are broken they should be left on the chart. They can act as
support/resistance if/when price revisits
● Sideways channels are more respected than parallel channels
TIP:
If range/PA is very choppy you can switch to the line (instead of candlesticks) = clear
56:12 – WHEN TO OR NOT TO ADJUST A CHANNEL AFTER A BREAK
● If candle closes outside of the channel it does not mean it is bullish if it is a lower
high.
● If price breaks out of the channel backtest and takes the high, leave the channel
as it is.
● If price closes back inside the channel you can adjust it (no HH)
1:00:19 – EXAMPLES ON BTC and Q&A

Duplicating channels, 0.25 trading range and over and under channel
6:42 – LINK COTW
● If ETH and LTC are doing well altcoins will follow

● Logical retracement ≠ FOMO
22:32 – DUPLICATING CHANNELS
● A really good way of getting targets for moves

● Don’t use it alone (confluence!)
26:20 – 0.25 TRADING RANGE
● Within parallel channel you divide it (0.25, 0.5, 0.75, 1)

● Daniel draws channels from candle close to candle close with marked ‘highest
level of range’ and ‘lowest level of range’ on 4H+ chart.
● SL is above the high and above the low (be smart with placement).
32:24 – OVER AND UNDER CHANNEL
● You get heads up view of where the trend is going

● BEARISH UNDER OVER: price runs upwards out of the channel, take stops and
goes back down on high sell volume, break out of the channel downwards. Now
you look to short the mid to high of the channel (ladder) when you come back in
and SL above the high.
● BULLISH OVER UNDER: price runs downwards out of the channel, take stops
and goes back up on high buy volume, break out of the channel upwards. Now
you look too long the mid to high of the channel (ladder) when you come back in
and SL is below the low
● Generally, you take a measured move of the channel to get targets (confluences
…)
40:46 – ENTRIES ON RETEST AND SL
● Perfect scenario: you get the retest of the channel.

● Front run: people do not get the chance to buy
● Retest goes deep into the channel: people get stopped out (TIP: use 2 HH/LL for
SL)
46:46 – OVERALL 0.618 TO 0.618 CREATING CHANNELS
● Daniel uses 1H to trail SL on 4H TF, on 1D TF he uses 4H to trail SL, on 1H TF

he uses 15 min to trail SL, on 15 min TF he uses 5 min to trail SL
1:02:29 – BTC TA
1:12:15 – ETH TA & LTC TA
1:16:34 – COMPARISON BTC / ALTS + Q&A
Fibonacci Channels part 4

Fibonacci channels, Fibonacci extension channels and Fibonacci long term channels
6:17 – ONT COTW
● You see where the confluence is when you pull a few fibs from different places
15:31 – FIBONACCI CHANNELS
● Use only on HTF, it is best used on a long term

● Start on the high and connect series of the highs (second click) and the third click
is on the low
● If fibs are not respected, it is not a valid channel
● If it is respected you use it over the classic channel
22.22 – FIBONACCI EXTENSION CHANNELS
● Best on HTF (4H+) but never under 1H TF

● Connect the high (peak), to low (valley), to secondary high (peak). On the second
peak, there should not be any other touch
● If 0, 0.618 and 1 have no respect, it is not valid
37:47 – FIBONACCI LONG TERM CHANNELS
● Use it on at least 1D TF
● If you look on 1-year data and it is extremely volatile log scale is extremely helpful
because you can see all the movement
● You can adjust the channel if the break is not convincing
● Even if you move outside of the channel sideways, it is bullish (sellers drying out)
BUT you have to make it to at least 0.382
59:14 – BTC TA and Q&A
● Trading updates started
Patterns
KEY NOTES:
● For a bear/bull flag to be valid, consolidation has to be relatively short

(approx. 20-30% of previous pole move)
● Wedges should have at least 5 touches
● Triangles are mostly a continuation patterns (there should be not much
white space for a triangle to be valid)
● H&S is a top reversal pattern – volume is crucial here!
● Bump and run pattern is a very high win-rate pattern which signifies a
reversal in the trend (three phases)
● Time and symmetry are very important in Harmonic patterns (Fibonacci!!)
● Three drives pattern requires three attempts at a level before reversal
(Fibonacci!!)
01 Flags + .382 and .786 importance
Recognizing bull and bear flags when price is trending and when we buy the .382 or .786
Fibonacci retracement
5:55 WAN COTW
17:26 BULL / BEAR FLAGS AND POLES
● Bear flag: Price hits bottom on large sell volume and then you see volume
declining as price slowly increases before the increase of a bear volume again
○ Move down is 1 – 1 extension
○ Daniel takes entry on the top of the bear flag
● Bull flag: Price hits the top on large bull volume and then you see volume
declining as price slowly decreases before the increase of a bull volume again
○ Move up is 1 – 1 extension
○ Daniel takes entry on the bottom of the bull flag
● Consolidation is relatively short (approx. 20-30% of previous pole move)
● You can also market buy when it breaks out (on high volume)
46:34 IMPORTANCE OF .382 AND .786
● For altcoins, we can look for .786 because they are more likely to retrace harder
(.618-.786)
● For majors (BTC) .382 in a bull market
02 Wedges
Recognize a falling or rising wedge
6.:11 – XRP COTW
17:10 – RISING WEDGES

● At least 5 touches – usually two on the bottom, three on the top
● Bull volume has to decline and impulses should get smaller and smaller
● Sometimes you do not get the exact touch of the trendline but it still counts
● Aggressive: short the third touch, SL above the trendline
● Conservative: short a breakdown
● More conservative: short a retest of a break (if it comes)
● TARGETS: pull the fibs from the start of the move to the end – TP1= .382, TP2=
.618, TP3= start of the rising wedge
28:04 – FALLING WEDGE
● At least 5 touches – usually two on the top, three on the bottom

● Bear volume has to decline and impulses should get smaller and smaller
● Sometimes you do not get the exact touch of the trendline but it still counts
● Aggressive: long the third touch, SL below the trendline
● Conservative: long a breakup
● More conservative: long a retest of a break (if it comes)
● TARGETS: pull the fibs from the start of the move to the end – TP1= .382, TP2=
.618, TP3= start of the falling wedge
47:20 – TRADING JOURNAL (EXPLAINED)
56:.11 – BTC TA
● Bullish order block= the red candle that leads to a breakup. When you come
down and retest it you expect it to hold
59:33 – LTC TA and Q&A
03 Triangle patterns
How to trade ascending, descending and symmetrical triangles
9:09 – ENG COTW

28:00 – CHECKLIST BEFORE ENTERING A TRADE
1. Thought through ENTRY of a trade setup (probabilities of winning)

2. Thought through SL – clear invalidation
3. Thought through TP – resistances, targets
4. After three tics – is the R:R ratio at least 2:1, preferably 3:1
38:13 – ASCENDING TRIANGLE
● Mostly a continuation pattern

● There should not be much white space
● The break should be on high volume
52:10 – DESCENDING TRIANGLE
● Mostly a continuation pattern

● The break should be on high volume
● High to low usually .618
56:48 – SYMMETRICAL TRIANGLE
● A continuation pattern
● The break should be on high volume – vital
04 Head and Shoulders

Different types of head and shoulders vs. three peaks pattern
5:23 – OMG COTW
18:11 – HEAD AND SHOULDERS
● It is a top reversal pattern

● Right and left shoulder can be different heights but head should be the highest
● Bull volume should be highest on the left shoulder rise
● The rise to the head should have less bull volume
● Sell volume from the top of the head can be higher than on the rise to the head
● Bear flag should be on small bull volume and on the break down bear volume
should be big
● Head and shoulders is only confirmed when you break the neckline (then you
short)
● The break should be on very high bear volume (biggest of all)
● If the bear volume on break is not so high there will likely be a retest (not the end
of the world)
● TARGET: measured move from head to neckline
31:10 – INVERSE HEAD AND SHOULDERS
● Volume is vital because it is a bottoming pattern after a big sell off

● Entry is on the break of neckline
○ The break should be on very high bull volume (biggest of all)
○ The retest may or may not come
37:32 – COMPLEX HEAD AND SHOULDERS
● There can be two shoulders on one or both sides, also two heads are possible
38:50 – THREE PEAKS PATTERN
● DON NOT confuse inverse head and shoulders with 3 peaks pattern
● It is not bottoming pattern as inverse head and shoulders
● You do not take target as in head and shoulders patterns
41:30 – REAL EXAMPLES
47:04 – ERD EXCHANGE LISTING SETUPS

● You never buy a new exchange listing coin until 55EMA crosses below 200EMA
on 5min to 15min TF
52:12 – BTC TA and Q&A
● TIP: After seeing a high volume selloff you HAVE TO get into short on retest
05 Bump and Run

When to trade this very high win-rate pattern
5:32 – BAB COTW
19:26 – XRP UPDATE
25:24 – AGGRESSIVE BUYING WHEN BULLISH MARKET STRUCTURE
● When there is a bullish market structure on daily or weekly buy breakouts and
dips
● If if there is not much support wait for confirmation or area of invalidation
41:03 – BUMP AND RUN REVERSAL PATTERN
● Phase 1= lead-in the phase

○ High being hit and then LL, LH, LL, LH
● Phase 2= bump phase
○ Forms after the price have declined heavily
○ You may see the bottom pattern form
● Phase 3= uphill run
○ Price breaks through trendline resistance
● BUY: when it breaks through
● TARGET: high of leading phase
● Works on HTF
53:03 – TA BTC and Q&A

06 Harmonic Patterns part1
ABCD, Bat, Gartley, Butterfly and Crab harmonic patterns
5:32 – OMG COTW
10:19 – HARMONIC PATTERNS
● Time and symmetry are very important

● Preferably on 1H+ TF
15:21 – ABCD HARMONIC PATTERN – EXTERNAL
● Check cheat sheets
24:03 – BAT HARMONIC PATTERN – INTERNAL
34:35 – GARTLEY HARMONIC PATTERN – INTERNAL
42:04 – BUTTERFLY HARMONIC – EXTERNAL
1:01:41 – CRAB HARMONIC PATTERN – EXTERNAL
1:05:40 – Q&A
● All patterns can be inverted

● Daniel uses MS for SL
07 Harmonic Patterns part2

Cypher, Shark and 5-0 harmonic patterns
4:04 – LINK COTW
20:40 – ICX UPDATE
25:46 – CYPHER HARMONIC
47:39 – SHARK HARMONIC
56:33 – 5-0 HARMONIC

● Great to watch, Daniel blowing minds
NOTE:
Daniel recognizes a set up on the chart in 10 seconds and then spends about one hour
on the chart to analyze.
08 Three Drives
A pattern that requires three attempts at a level before reversal
4:38 – THREE DRIVES PATTERN
● It is a pattern that requires three attempts at a level before reversal

● Bearish pattern: each dip goes to the CC and each rise to 1.272–1.618
expansion approximately
● Bullish pattern: each rise goes to the CC and each dip to 1.272–1.618 expansion
approximately
● Reversal goes to overall CC support
● Pattern should spend equal time on forming drive 2 and 3.
● Corrections A and B should also take same time, so the pattern has a lot of the
symmetry.
● Daniel does not place stop losses based on Fib levels but he uses MS.
● On each push up, divergences get bigger with pushes upwards coming in on less
volume as shorts come in and take over on increase in volume
12:31 – EXAMPLE
● There was a lot of confluence – as always, context is the most important!
15:17 – VALEYS AND PEAKS
● Similar theory to three drives – price attempts to break a high or low three times,
generally with three wicks
● Each time the attempt is bought up quickly, or each attempt is on lower volume
with divergences
● Price reverses quickly after 3rd attempt (imbalances)
22:12 – Q&A
● Daniel does not have a preferred time frame for three drives and valleys/peaks
pattern but he likes to trade on 5-minute TF
● The most important is the context
43:25 – LAST CHAMPIONS LIVE STREAM SETUP

47:34 – Q&A
54:08 – BTC TA
56:12 – ETH/BTC
1:00:32 – SUMMARY
Volume
KEY NOTES:
● OBV can be used for identifying divergences at tops/bottoms (it is a

leading indicator)
● Be cautious of volume when price is in a sideways range
● Visible range calculates volume transacted at each price
● Naked POC’s are great S/R level
01 Volume part 1
Volume is a great tool to confirm a trend
7:20 – ADA COTW
● A good example of WYCKOFF
19:16 – VOLUME
● Daniel trades coins with 200+ 24H BTC volume (even better 24H change + 24H
volume)
● Liquidity is extremely important without it you lose money
● Volume is a great tool to confirm a trend
● Spread is a difference between buying and sell (for instance buy bid is 25$, sell
ask is 26$ – spread is 1$). You do not want to trade something with big spread
because it means liquidity is low = you will lose money
● Slippage = when something drops quickly and there is low liquidity you for
instance have SL set at 5% but you get filled at 25%. Your loss is very big = rekt.
● Daniel has volume MA set on 30 on TV. It means that it takes last 30 periods (on
1D TF it takes 30 days, on 1H TF it takes 30 hours)
56:25 – EXAMPLES
● A very good example on BTC.

● Sell volume on retrace was higher than the biggest bull volume in the uptrend =
reversal
● Also, MS broke in this case = amazing short opportunity
1:03:30 – Q&A
1:18:10 – BTC TA
● Daniel is interested only when BTC breaks 6400 because it is macro POC. Then
he will look for 6600 + increase of volume.
02 Volume part 2 OBV

OBV is cumulative total of volume (positive and negative) – leading indicator
5:30 – XTZ COTW
14:58 – BTC TRADES REVIEW
37:14 – OBV (ON BALANCE VOLUME)
● OBV is the cumulative total of volume (positive and negative)

● OBV is a leading indicator – volume leads price
● One can trade patterns (TA) on OBV – if OBV breaks downwards we can expect
the price to break down soon. Some people trade-off of this and it works for them.
Daniel does not though.
● OBV can be used for identifying divergences at tops and bottoms
● Price making HH and OBV making HH = healthy uptrend (new money coming in)
● Price makes new highs but OBV does not = bearish
● Price is consolidating but OBV is going down = bearish
● Price is consolidating but OBV is going up = bullish
52:30 – Q&A
● OBV is calculated from candle closes but Daniel looks at wicks when the price is
ranging because PA reached there and it is still important to him.
● When looking for divergences though, one can look from candle closes because
you are looking at divergences at market highs/lows
P.S.
CVD measures market orders (delta)
03 Volume part 3 VPVR

VPVR calculates volume transacted at each price and total it on the side of the chart
3:11 – XTZ COTW
12:48 – VISIBLE RANGE
● SETTINGS: row size: 188, value area volume: 68

● The highlighted area is where the highest percentage of volume is (68%)
● VAL = the low of the highlighted area
● VAH = the high of the highlighted area
● POC = point of control
● Inside of that, we have POC which is big horizontal S/R line (VAH and VAL as
well but POC is the strongest)
● If you are trading a channel these values can help to be more exact – sometimes
you do not make it to channel high but reject for instance at VAH
● Visible range calculates volume transacted at each price and total it on the side of
the chart (of what you can see on the screen)
26:35 – ATTEMPTS TO BREAK A RANGE
● Be very cautious of volume when in a sideways range. The volume at the

breakout cannot be smaller than on the break down (or up) that starts a range.
Compare how you get in and how you get out.
39:12 – VISIBLE RANGE
● Shows horizontally where volume came in

● Within the range:
○ VAH – one would start looking for shorts
○ VAL – one would start looking for longs
○ POC – one would not look for a position (midpoint TP usually)
● If the price starts to move outside of the VAH one would like to close shorts =
acceptance above the range (people are starting to see value)
● If you are robotically trading the range one trade will 100% be a loss (break of the
range). To prevent that one should look at various things:
○ Time: how long each rotation takes (low to high/high to low). For instance,
if your average time is 10 min ant the last move takes only 5 min on high
volume = increase of buying pressure
○ Volume
○ Delta
● Also, when you are coming to highs you can see how aggressively they have
been sold and when you are coming to lows you can see how aggressively they
are being bought
● Also, look for the context and divergences
52:16 – EXAMPLES
57:41 – Q&A
● You do not adjust parallel channels because of VAL and VAH. Channel is built on
MS
1:19:23 – BTC TA
04 Volume part 4 Fixed range

Calculates the volume transacted at each price of a marked range
10:40 – ZRX COTW
17:48 – FIXED RANGE
● Similar to visible range (VPVR) but a bit more advanced

● Very helpful when looking at the untested range
● When we look at the chart and the volume candle we do not know where in the
candle the most volume came in. therefore the fixed range is a step ahead of
volume candles. The next step though is footprint charts
● How Daniel chooses a range
○ From the first wick that starts the range to where you break down (the last
candle before the break)
43:00 – EXAMPLES
● Daniel has a feel for that, he does not have a ‘rule’ from where to where select a
range, he is a natural. Practice is the best way to get a feel for that.
1:04:40 – Q&A
● SETTINGS: row size: 148, value area volume: 70

● If for instance, VAL is close to POC it does not mean it is stronger (maybe you
can just take an average between them)
05 Volume part 5 Session Volume +

Naked POCs
Very important volume levels that act like support/resistance
4:52 – BTC SENTIMENT, STATS AND TA
● Backwardation: spot price trading higher than futures

● Contango: futures price is trading higher than spot
● When you see a pattern that is repeating you want to make use of this knowledge
and not just ignore it.
● Also remember: when the price is going sideways and OBV is breaking up =
bullish
36:07 – SESSION VOLUME

● It is a good way of seeing the pivotal VAL, VAH and POC’s from each trading
session (24H periods for crypto)
● Each of these levels is used as support/resistance and are very important levels
to be aware of for day traders. Daniel checks all these levels for the past day
(pdVAL, pdVAH, pdPOC) and writes them down on paper before he stars trading.
● The main focus for swing traders is ‘Naked POCs’ – this is where a POC from the
previous session has not been tapped. It generally gives a bounce when
approached for the first time but as always look for confluence.
● Naked POC’s are a place on the chart where there was the most transacted
volume so when price breaks away from that price 95% of traders that got the
direction wrong would love to get out of that trade at break-even price when price
revisits it. That is why the first touch of POC is such a strong support/resistance –
there are a lot of people getting out break-even plus some traders like Daniel are
also setting bids on Naked POC to ‘double the strength’. Daniel only pre-sets bids
there if there is AT LEAST 1 confluence on that level (e.g. CC or weekly/monthly).
It happens at least once a week that they line up.
● On TradingView it is called ‘Session volume’
● Daniel prefers to see the reaction first and get in straight after (90% of his trades).
Though sometimes he does pre-set orders waiting at the level and one of his
favorite setups to do this is on Naked POC’s with confluence at that level with
another tool.
46:24 – EXAMPLES
● Session volume does not change either you set your TF on 1 day or 15 minutes –
on small TF you just get a more in-depth view.
● If price gets acceptance into VAH (price going down) price is likely to go to at
least POC if not VAL. If price bounces off of VAH in an uptrend it is bullish.
● If price auctions above pdVAH, forms a bit of a distribution pattern and breaks
back down into pdVAH, there are 80% probabilities of auction back down to
pdVAL. It means the price was not accepted above that high. The same goes for
if the price is in a range, it drops down but then gets acceptance into pdVAL there
are 80% probabilities of auction back to pdVAH.
● Context!
1:08:24 – Q&A
1:22:37 – BTC TRADING CHALLENGE

1:27:32 – Q&A
● The theory is not TF related, it is all about volume
Footprint
KEY NOTES:
● Being able to see where we have a lot of buyers and sellers horizontally
can help us interpret supports and resistances better
● Footprint charts give us clues which direction price is likely to break out
when ranging
● The market only moves from market orders
● CVD divergences work best in high liquidity environments
● On breaking up you want to see a lot of buying imbalances and when
breaking down you want to see a lot of selling imbalances.
● Remember – imbalances are calculated diagonally
01 ExoCharts
A website for advanced charting with footprint information
4:14 – WRX/BTC COTW
12:50 – EXO CHARTS INTRO
● It is a very helpful platform

19:00 – EXO CHARTS OVERVIEW
● There are different ways to view a chart (time, volume, tick, delta)
● You can adjust ticks is to either zoom in or zoom out
● There is a lot of information in each candle and in Exo everything is visible
(seeing imbalances can be very helpful)
● Rekt shows where liquidations are
● FPBS – footprint bar
● TSize – trade sizes (a quick view where big and small accounts are positioning)
● CS – candlestick statistics
● DBars – delta bars (visually nice)
● OI – open interest
● NL – NET longs
● NS – NET shorts
● Mrk – marker settings (customize what you want to see marked on chart)
● VA – value area
● POC – point of control
● CPL – composite profile left
● CPR – composite profile right
● TPO – time price opportunity
52:19 – EXAMPLES ON BTC + TA
1:00:20 – Q&A
● The way TradingView calculates their sessions is different than ExoCharts (this
one is professional, always calculated accurately).
● If you are a swing trader you may be more interested in wPOC, if you are a day
trader you may be more interested in 15 minutes Naked POC context!
02 Footprint Charts intro

Information about the amount of volume transacted at each price in each candle
3:33 – ZRX/BTC COTW
11:03 – WRX/BTC UPDATE

19:53 – FOOTPRINT CHARTS
● It is extremely invaluable to be able to see the amount of volume transacted at each

price in a candle.
● For instance, if there is a long lower wick you may think it is bullish but by being able
to see exactly where the majority of the volume is within this candle is more helpful.
For instance, if all the volume is at the high of the candle and price is closing below
the high it is not ‘bullish’.
○ EXAMPLE: the price is going sideways near the bottom of the range. A new
candle opens, gets high, and at the high 100 million contracts are market sold
+ a 100 million limit order was hit. Someone sees 200 million sell walls and
sells 100 million contracts and all of that flushes the market down very quickly.
The order book has been wiped out and it gets bought up on one million
markets buy to bring the price back up. Without footprint chart, you are not
able to see this and may think this is a bullish candle (with long lower wick)
but it is actually not at all.
● Being able to see where we have a lot of buyers and sellers horizontally can assist
us in a far superior fashion to interpret supports and resistances. Seeing acceptance
below or above a key level is only possible using a footprint chart. Acceptance below
or above the level is dependent on volume transacted. When there was a move
above the range on the low volume it is generally not accepted (people are not willing
to trade at these levels and it has to come back to fair value).
● Importantly being able to see acceptance below or above a key level is only possible
using a footprint chart, a candlestick cannot show this.
● OHCL – open, high, close, low of a candle
27:20 – FOOTPRINT CHARTS – COMPARE
● Daniel uses the bid/ask profile on lower TFs when day trading. He sees live the
buying and selling interest when price approaches a key level.
● On bid/ask profile sell is on the left side and buy on the right side. If price revisits the
level where the was a lot of buying or selling on one side many people are likely to go
out of the trade break-even.
● IMPORTANT! When the price is ranging the clues that it may break out would be:
○ Breaking to the upside = buying volume heavily increasing at the top of the
range, positive delta increasing as price increases, NET longs increasing.
POCs should be increasing (higher) on each candle and bid/ask full to the
right (P).
○ Breaking to the downside = selling volume heavily increasing at the bottom of
the range, negative delta increasing as price decreases, NET shorts
increasing. POCs should be decreasing (lower) on each candle and bid/ask
full to the left (d).
54:10 – FOOTPRINT CHARTS – VOLUME CLUSTERS
● Areas where the dark colors are showing there is more volume and where there are
very light colors there is not much volume.
● Daniel likes looking at the volume cluster on a high time frame and looks for darkly
shaded areas. This highlights to high traded areas in terms of volume and if he has
other technical tools lining up with that level it presents a good trade opportunity.
1:00:10 – FOOTPRINT CHARTS – IMBALANCES
● Imbalances are calculated diagonally

● Daniel has a setting that shows him imbalance when there is a 400% imbalance
1:02:09 – Q&A
● If you want to see the total volume transacted (on Exo) you have to change in the
‘text’ from the bid/ask to volume
● As a swing trader, you can use all this information taught today for easier identifying
supports and resistances.
1:27:33 – BTC TA + Q&A
03 Delta
Shows the sum of market orders – buying and selling pressure (in each candle)
2:28 – ZEC COTW
12:20 – DELTA
● Delta is very important to understand

● In trading, there is
○ Passive order flow = limit orders (they either get filled or don’t)
○ Active/aggressive order flow = market orders (you get filled 100%)
● For a passive order to get filled you need an active order to fill it. The market only
moves from market orders, if nobody ever placed a market order the market would
stay still and not move.
● Delta is the sum of aggressive trades. It shows us who was in control during that
candle. It is either positive or negative.
● Delta = buys – sells
● You can literally see delta for every 0.5 dollar in a candle and at the bottom of the
chart, there is the overall delta for the whole candle.
● A candle can be green while delta is being negative or the candle can be red and the
delta positive – there are also inverse correlations and strategies
● Two key questions to ask yourself when wanting to trade:
○ What direction is the market trying to go?
■ See the MS on a HTF
○ Is it doing a good job in its attempt to go that way?
■ From delta and volume perspective: knowing that market moves from
active orders if the price moves higher than we would want to see the
volume amount of active orders also increasing.
■ If that is TRUE the market is doing a good job in its attempt to go that
way
■ If FALSE and price is moving up with a decrease in active orders
(positive delta) it is not doing a good job and likely will reverse.
25:57 – DELTA CLUSTER
● Delta clusters show us areas on the chart with high delta. If we see an area on the
chart with a high delta concentration we could expect price to revert there if revisited.
● Daniel gives a good example.
● If price passes through high delta cluster a few times it is not relevant anymore.
● Daniel is mostly looking at these delta clusters more at the highs and at the lows,
they should be untested
● As the price breaks out of the range you want to see positive delta (and volume)
increasing as it shows you new money is coming in to buy at these levels and that
will support price when it breaks out.
● Breakout on low delta is considered bearish as price is moving up with less interest
from active buyers and it is more likely price will return back to the range (SFP is
possible)
● So, moving up on low volume is possible but is a ‘red signal’.
● Delta helps to confirm a breakout instantly. Daniel loves to trade using delta and OI to
see when price approaches low/high is this likely to be a fakeout/SFP or are we
going to see follow-through.
● If price breaches a high and the high is taken on a large delta influx along with the
NET longs increasing Daniel would not short the break but he would market buy with
strength. Bid/ask profile should look like P with then follow through taking the high.
● The advantage of this is we don’t have to wait for an arbitrary 5 minute close / 15
minute close above the level. We can see the delta straight away is supporting the
breakout and react in seconds. Waiting for a 15 minute close for instance can result
in a trade missed.
● The reason we want to see an increase in positive delta when we break a high is that
it shows we have more active buyers coming into the market to support price.
● If price breaks a level on high volume but on negative delta the fakeout sign can be
confirmed if price comes back into the range in increase in negative delta, volume,
NET shorts and OI increase.
51:38 – DELTA RANGES
● If the high of the range is reached and delta of the buys falls off significantly then it
highlights buyers are not interested in buying this high and it is more likely to remain
range-bound and come back lower.
● If the low of the range is reached and delta of the sells falls off significantly then it
highlights sellers are not interested in selling this low and it is more likely to remain
range-bound and come back higher.
● Generally, when price is range bound we will see active selling increase at the top
and active buying increase at the bottom. If this does not occur, and then price
breaks out of the range on increasing delta it is likely to get follow-through (especially
if OI from both sides is built up during the range).
● If the price is ranging and the lows are getting bought up with strong positive delta
and the highs are not aggressively sold we can say this range is more likely to break
upwards.
● Delta is very important statistic when trading a range. It gives heads up if it is ‘wise’ to
short the range highs or buy consolidation under resistance. Likewise buy the low of
the range or short consolidation over support. There have to be at least two rotations
to decide so. CVD helps a lot.
1:05:00 – Q&A
● Sometimes it can happen that the highs of a range are being sold heavily but then
the price starts consolidating under resistance and then takes the high on an
increase of positive delta and breaks out. CONTEXT!
● High volume cluster does not mean that this is the POC of the day, POC can happen
any time in a range but if it does that is another level of confluence.
1:23:39 – BTC T
04 CVD
A running total of delta – incredibly accurate for divergences
5:03 – BNB/BTC COTW
14:47 – CVD
● CVD stands for cumulative volume delta, so it is running a total of delta.

● CVD is adding and removing delta together
○ EXAMPLE: we are on 1H TF and we start with 12 mil delta (CVD is 12). The next
candle has 57 mil delta, which gives a CVD of 69 (12+57). The following candle is
-7.8 mil delta so CVD is now about 61 and so on.
● Daniel likes to look at delta alone and also CVD delta to look for divergences in price.
● For CVD type he has a setting ‘Full data’ which calculates everything while ‘Session’
resets it to zero on the start of every day.
● CVD divergences are very powerful indicator because we can see what bigger traders
are doing
● Passive orders at limit provide liquidity to the market and one can get paid for providing
liquidity to the market (whereas market orders are expensive).
● We want to see divergences build up over a period of time, rather than a one candle
drop/wick/stop run that forms a divergence. Also as CVD is calculated using the whole
candle we look at divergences using the whole candle.
25:00 – BULLISH CVD DIVERGENCE
● EXAMPLE: There is a move to the downside and price goes sideways for a period of
time and then attempts to move down again. Price forms a higher low but CVD makes a
lower low. This shows us there are more people market shorting over the period of the
higher low on price than at the lower low. Also, that shows us there is/are a bigger
trader(s) with a big limit order(s) absorbing all of the market sells. Confirmation of a long
would be a break of MS.
29:32 – BEARISH CVD DIVERGENCE
● EXAMPLE: Price is making lower highs while CVD is making higher highs. This show
people are aggressively market buying but the price is unable to take the high because
there is/are a bigger trader(s) absorbing all the buys with the limit order(s). Confirmation
of a short would be a break of MS.
33:38 – CVD ‘QUICK WICK’ DIVERGENCES
● There is a very quick wick to the downside which forms a divergence. Daniel never
trades off of this, he likes to see the divergences form over several candles which shows
absorption.
38:54 – CVD ‘CONFIRMATION’
● CVD divergences have two steps

○ The possible divergence forming
○ Confirmed divergences (price starts to move away after they have formed and
those traders are trapped). Daniel likes to see how many trapped traders there
are, if there is decent volume.
● Sometimes you will see instances of delta leading price. It will look like CVD divergences
are forming only for a price to then follow/ catch up. Monitor delta, volume of the range,
time taken for each rotation, other confluences + CONTEXT.
● Not all divergences play out so do not blindly short/long. It takes time and experience to
recognise which ones to trade and which ones to believe delta is leading.
45:30 – CVD/DELTA LEADING PRICE
● Sometimes it looks like there bearish divergences are forming but then price catches up
with the delta and shortly breaks up too. So, waiting for confirmation is one option but
understanding the content of what price is doing when at the high, and how it approached
the high is next level.
● MS is crucially important – when price changes MS or moves down from the high on an
increase of negative delta it means bears have taken control after trapping longs at the
high.
● CVD divergences can be traded on any TF.
1:00:32 – EXAMPLE OF SFP
1:03:10 – Q&A
● Focus on exchange you are trading on

● Daniel only trades the two divergences he mentioned here
● The advantage of waiting for confirmation is that you are less likely to get stopped out
(you make less money but you are less likely to lose money)
1:26:44 – BTC TA
05 Imbalances part 1
Price will move in one direction until it is overwhelmed by the other side (buy vs. sell)
2:25 – BAT/BTC
● CC on the monthly level is a trade Daniel would take every single time
7:34 – IMBALANCES
● The price of the chart will move up or down till at least of these criteria is met.
Price goes up until
○ New longs no longer want to open

○ Longs are overwhelmed by shorts
● Price goes down
○ New shorts no longer want to open
○ Shorts are overwhelmed by longs
● Volume traded at the price level in the market can either be balanced or imbalanced.
When a level is out of balance there are proportionally more buyers or sellers at that
level. Daniel likes to use 400-618% to highlight imbalances.
● The beginnings of a trend as well as the end of the trend are often marked with market
imbalances caused by aggressive participants
● Imbalances are not horizontal to each other but in steps (diagonal)
● A stacked imbalance is 3 or more on top of one another
● When we see a stacking on imbalances we should watch what the market does
afterwards. Does the market rally? Does the market sell off? Does it hesitate? Does it get
absorbed? When there are big aggressive buyers the market will typically rally. When
there are big aggressive sellers the market will typically sell off. If the market does not do
what it is supposed to do, the contrary move is likely to be magnified.
○ For example, if there are lots of big aggressive shorts and price is not moving
down than it shows that the limit order is absorbing all the sells and a move
upwards will likely be strong.
● Stacked imbalances can offer support and resistance levels (Daniel does not trade off
this theory so much though).
17:02 – IMBALANCES WHEN BREAKING A LEVEL
● Daniel likes to trade looking at imbalances primarily when markets are grinding upwards
and when price is breaking a level.
● On breaking up you want to see a lot of buying imbalances and when breaking down you
want to see a lot of selling imbalances.
● It is always needed to see this if you want to trade the breakout or if you see this don’t
look to fade
● What you would not want to have seen is that upon taking the low get a lot of buying
imbalances. That signals that instead of continuation downwards price is likely to get the
SFP.
21:58 – IMBALANCES – ABSORPTION
● Price approaches the low of a range with heavy selling imbalances but unable to get any
follow through. This highlights to us that passive orders are set absorbing all the market
selling and the market could not get through the limit orders so turned and then rallies in
the other direction.
● Daniel likes to see the evidence of passive buying at the lows (by form of aggressive
selling and price not breaking down) and then imbalances as the market pushes up from
the low.
25:37 – IMBALANCES – ABSORPTION AT THE HIGH (EXAMPLE)
● Price is heavily being bought but is not able to go higher – is not doing what is expected
– it is very likely it will go in opposite direction strong. Confirmation is upon breaking the
low (and quick sell off).
28:01 – IMBALANCES AT THE HIGH/LOW
● A bearish setup: when there is a very high volume at the wick and then closes lower it is
a bearish sign and possible trapped longs. This is best seen when the high of the wick
has extremely high volume like a blow off top (extremely high volume in the wick).
● Basically, we want to see stacked imbalances in the wick with large volume and of course
the candle to close lower than the imbalances. Part two would then be to see selling
imbalances to show the market is trying to aggressively sell off.
● SFP is best traded when you see the reference level taken is very high volume but then
retraces below the open with very aggressive selling/buying in the opposite direction.
Also keep an eye on volume and OI.
● Daniel loves to look for imbalances at the big reference levels such as CC, Weekly,
Monthly levels. If there is an evidence market is trying to either:
○ Aggressively selling these levels and market is not moving down
○ Trapped traders and MS change
○ Price gets to level and immediately shows aggressive participants showing up
with big volume
● It is better to have an alert and wait for the evidence that the market wants to trade at this
level rather than just hoping.
● Daniel’s favourite setups
○ Price slowly grinds down with shorts getting aggressive at each low
○ Price reaches a key level on the chart, many times a high liquidity area
○ Price wicks through the level with aggressive shorts, which is immediately bought
up with stacked buying imbalances
○ Price breaks market structure locally and the short squeeze starts
● On a slow bleed day, he would only consider a long after seeing buying imbalances.
42:22 – EXAMPLES
50:38 – Q&A
● If you see a lot of buying imbalances but OI is falling it is likely people closing out of their
positions rather than longs opening.
● If you see a lot of selling imbalances but OI is falling it is likely people closing out of their
positions rather than shorts opening.
● If there are for instance buying imbalances but is not the level Daniel is watching he will
not trade that.
● You have to put your stop loss at the invalidation (either the low of the wick or two higher
lows back etc.)
06 Imbalances part 2
A lot of practical examples of imbalances
Tools and Charts

KEY NOTES
● Trend lines can be useful but are subjective – especially when too many
people are looking at the same trendline
● Pitchfork gives an 80% probability for the median line to be hit when the
low pivot holds
● All pitchfork tools are best used on HTF
● Different chart types can help us take better trades – move away from time
frame and you can read momentum in variety of different ways
● Log scale It is used if asset is extremely volatile in very high %, if you
want to check old (years) data and to get a HTF perspective
01 Trendline trading
Trendline fan, trendline of 45° and internal trendline
6:28 – DASH COTW
15:45 – TRENDLINE TRADING
● Basically, you are just connecting lows

● Daniel buys the 3rd touch (with confluence)
● When price breaks below the trendline, backtests it and breaks below low, Daniel
shorts it
● If your trendline is on 1H you look for confirmation on 15 min
● If a trendline is taken from a span of months you have to look for at least 1D
close below
NOTE:
When everybody is watching the same thing, it is less likely to play out
31:12 – TRENDLINE FAN BREAK
● Best on HTF (4H+)

● It can be used on LTF as well though it needs confluence
● Pivotal high, connect the series of highs
● Daniel would not use a log scale for this for BTC
45:33 – TRENDLINE OF 45
● Daniel does not use it

● When trend rises/declines at 45 angle this is a healthy trend and can continue
● The parabolic and weak trend is not healthy
48:11 – INTERNAL TRENDLINE
49:20 – EXAMPLES
52:26 – CCSS TRADE EXAMPLE FROM TODAY
1:13:51 – LTC TA and Q&A
02 Pitchforks pt1
A very practical tool, especially for HTF
4:13 – PITCHFORKS
● Great to use on high time frames but can be used on any time frame
● You need three pivots – first is the significant high, second is the low and the third
pivot is a LH which can correspond with a CC (good confluence)
● If the low (pivot three) holds, there is a 80% probability to hit the median line
(which is also the target)
10:08 – PITCHFORK STRATEGIES
11:42 – FLAT PRICE ACTION
● Once price reaches median line it can either break it and flip in support (target
upper line) or rejects it and reverses (target the previous low). Context!
● If price does not reach the middle line it can be classed as partial rise which
indicates weakness.
14:22 – MINI MEDIAN LINE
● After identifying a pitchfork on a HTF

● When Mike talks about specific levels especially on HTF he usually means a
region.
● You can pull the pitchfork from high that hit the main pitchfork, to the low and the
SFP and then look for the median line. SFP could be then traded into a HL
looking for the higher price to follow. This allows you to short in an uptrend and
potentially look for a HL. Adding Fibonacci levels up the confluence
22:22 – PRICE FAILURE
● Similar to the first strategy

● Price rallies in a strong trend but fails to reach a median line
26:16 – USE OF PITCHFORK ON TV
● Trading View has many variations of Pitchforks
38:15 – XRP/BTC
● Mike finds an exchange with the most historical data and he determines MS
● He checks which Fib numbers it generally reacts off
● Timing is very important when it comes to trading
1:14:51 – Q&A
03 Pitchforks pt2
Fibonacci pitchfork and Pitchfan
5:02 – ATOM/BTC COTW
● Atom is a very technical altcoin

● Daniel focuses on trading locally and commentates while doing the TA
● BTW, as a swing trader one does not need Exo Charts
● Daniel does not use order flow when he trades altcoins
● Fibonacci speed fan is very useful tool, Daniel uses it every time when analysing
● For Daniel pulling a fixed range is natural
● He also analyses how long price is auctioning at the lows and how long at the
highs to determine if time aspect follows the price aspect (is volume lining up with
the price). If POC is very close to the highs but the price spends the majority of
the time at the lows it is more bearish – there are a lot of trapped traders.
● To see if there is a CCV set up on TV, you have to check where the day opened
and take the fixed range tool from there to previous day open and mark out
pdVAL, pdVAH and pdPOC.
26:47 – PITCHFORKS PT. 2
● Reaction at the midline is a key. The midline is at least a TP if not final target. If it
offers no support/resistance you trade it to the outer line.
● EW and pitchfork coincide nicely and wave 3 has to be impulsive therefore the
target has to be low of the pitchfork (if down trending).
● Fib pitchfork is for HTF analysis
● Pitchfan is for time analysis
● For confirmation you can use volume, OI, consecutive candle closes, SFP, etc.
● If the pitchfork was relevant in the past it makes it very powerful but as always
you need CONFLUENCE
● History does not repeat exactly but it does rhyme
39:22 – FIBONACCI PITCHFORK
46:05 – PITCHFAN
● A combination of a pitchfork and a speed fan

● This is the tool that encompasses time, price, targets and stop loss and is very
powerful
50:38 – LIVE EXAMPLES ON ATOM/BTC
● If price rejects off of the midline that cannot be wave 3 but can probably be ABC
correction
56:44 – Q&A
04 Chart types pt1

Range, Range Y and Tick chart types explained
5:04 – ALGO/BTC
● A nice example of an iH&S
18:49 – CHART TYPES (EXO CHARTS)
● Different chart types can help us traders to take better trades

● By reading these charts you can move away from time frame and you can read
momentum in variety of different ways
● Because you do not have to wait for arbitrary TF close for confirmation you can
enter a trade early
● There is less noise on the chart, only useful data one would like to see
22:37 – RANGE
● A range chart creates a new candle every 6 ticks (3 dollars) in price change.
● Sometimes there can be slippage as well
● It is beneficial to see how long each candle takes to form on Exo
● With range chart you can measure volatility and identify S/R levels
● You can see buy and sell pressure and foresee potential reversal coming
● Mike likes to use this chart in a channel as it can give you heads up
● Large candles mean there is a lot of big orders being processed
29:53 – RANGE Y
● It is a modification to remove more noise
● It calculates how far price moves from the open
37:17 – TICK
● One tick is one transaction

● Mike likes to scalp off of these charts
● If candles are printing rapidly it signifies volatility is picking up
● You can see when bigger players are entering the market (how much volume was
transacted in the certain amount of trades)
● If there is a very compact candle with high amount of delta that signifies that
there is absorption going on (big trades are happening and price is not doing
much)
● This chart type is suitable for scalp traders
47:51 – Q&A
● Mike likes Tick-230 chart the most

● If price is moving up and you suddenly see big market sells coming in it shows
the top is heavily sold (useful with range chart). When approaching resistance
line, you can see if the top is getting sold. If longs are taking profit or people
aggressively selling the top this can be an early indication that the price is at the
top of the range. So, short would be the safer trade.
● If the price is going up and you see big market buys coming in and OI is going up
that shows you the move up is healthy (trade with momentum)
1:05:20 – BTC TA + EXAMPLE
● When price approaches a specific level, you should see the volume, how fast it is
approaching and how big is the candle. If the candle is big it shows there is
volatility and big orders being processed. If the candle is small and there is a lot
of volume in it, it shows there is struggle going on and if you see negative delta
and volume increasing on the next candle you can clearly see price is rejected
1:09:00 – SUMMARY AND WRAP UP
05 Chart types pt2

Trend reversal chart type explained
4:15 – WTC/BTC
● Mike likes this altcoin from a longer time perspective
18:42 – TREND REVERSAL
● A really nice chart type

● Can be found on Exo Charts
● Trend reversal candle consists of a mixture of the Range chart and the Tick chart
● There are two types of bars in one chart
○ Tick trend / trending bar
○ Tick reversal / reversal bar
● If you select for instance a trend rev 78-48, the first number refers to trending
candles. There will be a new trending candle created every 78 ticks (39 dollars).
The second candle is a reversal candle. A new candle gets printed every 48 ticks
in the opposite direction of the previous candle. So basically, large candles are
trending candles and small candles – possibly with the wick – are called reversal
candles.
● Wicks in this type of chart ae different and it is important to understand them
correctly so that you can read the chart correctly.
● In this charts wicks are called shadows
● In a trend rev chart, wicks are always directed against the candle direction. So,
there can never be a red candle with the wick to the downside and there can
never be a green candle with the wick to the upside. This is useful because you
can see where the price is attempting to go but failed to stay.
● The good side of this type of chart is that it removes noise.
● These candles are good to see clearly if the price is consolidating or trending and
also, it is easier to read horizontal support/resistance levels.
● When you know how to read the you can combine them with reading volume,
delta, it is easy to spot S/R levels etc.
33:26 – AN EXAMPLE
● A very nice example of how reading this chart helps you spotting reversal easier.
● Upon approaching a key level there was a reversal bar – price tried to push up
but the reversal candle indicates reversal (with trapped traders)
38:50 – BTC TA
46:14 – Q&A
● When the reversal candle is forming it can have reversal wick on both sides but
when it finally forms, the wick can only be on one side.
● Keep in mind reversal candles can also be printed in ranges or at the key levels
● Big wicks indicate large orders
● The higher number you use, the higher the TF that you are looking at
● You have to use another tools/indicators for confluence
● If price is pushing up and forming a red candle it indicates a reversal candle but if
there is positive delta in that candle it is contradicting so you have to be careful.
In this case there will either be a reversal or the price will be ranging more.
● When there is big volatility Mike uses higher trend rev charts but in general he
uses whatever looks best for him in given moment
● When the candle is forming it is difficult to see where the POC of candle is. It is
best to wait until it is formed completely or use the lower trend rev chart.
06 Chart types pt3

Volume and Delta chart types explained
7:20 – VOLUME CHARTS
● Volume chart prints new candle after a specific amount of volume has been
reached
○ For instance, when you select Volume 10M there will be new candle
printed after candle reaches 10 million transactions.
● This chart type can be used in combination with footprints, imbalances and delta
cluster candles
● They are great way of seeing when momentum is picking up but on trend reversal
type they are not so useful because you cannot see the wicks
10:26 – DELTA
● Delta charts print a new candle after a specific amount of delta has been reached
● They are useful to monitor when you want to see incoming market orders (they
move market)
● This concept is a bit simpler than other types (yet very useful)
12:48 – TIME
● Time is very valuable as you can see how much time is required to print a new
candle. You can easily spot when volume is picking up because you see candles
forming faster.
14:32 – EXAMPLES
● When you look at the volume chart and bars are becoming larger and larger it
shows there is less liquidity (price just ‘slides’ through) and volume is bad
● Zeros on the right side indicate there are no buys which means no liquidity – OI
shows the same
● When candles start being smaller and more compressed and price approaches a
key level, it shows move is more reliable – there is more liquidity
● It is impossible to determine the low but it is possible to determine whether price
will break out or not when you look at the volume chart. When candles are being
printed in short(er) periods of time it signifies there is a ‘volume injection’.
● Mike likes to use 10M volume bars
● When price is reaching a key level, you can see where in candle delta is taking
place. Then you can see if there are any trapped traders for instance. Volume
chart is nice for scalping.
● Delta charts can take a little longer to form because new candle is created only
when there is either negative 5M delta or positive 5M delta (if you look at D-5M)
● You can determine either attempt to break a high/low is strong or weak seeing
how fast delta candle was printed. Mike also likes to see how many trades took
place in that candle and how many of them were buys and sells. Less trades
mean bigger orders.
43:30 – RECAP
● Mike sums up all the chart types he covered till this day
○ Range, range-y, tick, trend reversal, volume, delta chart
49:32 – ADD MORE COMPLEXITY
● When you master all these chart types you can add more complexity
● There is no best chart type. It all goes down to personal preferences and the type
of trader you are.
● You can add OI, delta, CVD as they give you additional clues
56:09 – LINK/BTC COTW
● Such a technical coin

● There is always a time and place to be aggressive on a trade
1:10:07 – Q&A
● Mike sometimes switches between different chart types when monitoring PA

● When you see price coming up on very high volume and delta and see OI
crashing down that indicates stop hunt. After that price might be rejected hard or
a range might start forming.
07 Log Scale
Used for very volatile assets, years old data and HTF perspective
3:50 – EOS COTW
12:38 – LOG SCALE
● It is used if asset is extremely volatile in very high %

● It is used if you want to check old (years) data
● It is used to get a HTF perspective
○ A nice example was Daniel’s HTF BTC channel on Coinbase for the
42000$ target (plus it has been volatile and years old chart)
● IMPORTANT: when using log scale on TradingView it is important to remember to
click ‘Fib levels based on log scale’ or the Fibonacci values will be incorrect
20:16 – EXAMPLE ON BTC
30:08 – Q&A
● Daniel never uses log scale for day trading or scalp trading
● Log scale can be used for a HTF Elliott Wave count if it is historic and volatile
● When looking for the HTF targets you can look on log and normal scale. It is
good to be aware of both and maybe there is also some confluence
45:13 – SUMMARY
47:58 – BTC TA
● Daniel checks for the potential wave 4 retracement levels on log and normal
scale
● He also explains the trade he is currently in and his further plan
NOTE:
If you have a question related to trading, ask in trading help (in Contenders section)
Strategies
KEY NOTES:
● Choose a strategy accordingly to your experience, knowledge and type

of trading
● Trading with volume candles gives you big advantage – candle only gets
printed when it needs to (strength and momentum of the move, liquidity
in the market)
● Daniel always charts altcoin/BTC pairs when trading USD or USDT pair
and basses his trades solely off of altcoin/BTC analysis
● When price is in discovery, trail SL and use Fib extensions, expansions
and negative fibs for targets
● Remember: If there is an impulsive move but is not backed by so much
volume there is a high likelihood that the high will be put in in the first 24
minutes of daily open
01 CCW
Really good system to remove emotions and ‘automate’ your trading (beginners)
6:29 – BAT COTW
18:03 – SL/TP
26:28 – CCW
● Really good system to remove emotions, recommended for beginners

● 0172, 0.28, 0.66, 0.616, 0.706, 0.796, -0.234, -0.616, -0.99
● put a 25% bid on each fib – 0.66, 0.616, 0.706, 0.796, SL is above 1.0172, and
TPs are 0.28, -0.234, -0.616, -0.99
● if not all the orders are hit you cancel them after TP1 is hit
45:05 – EXAMPLES & FIBS
● With knowledge and confluence, you have to adjust SL and TPs
52:28 – Q&A
● Daniel’s biggest confluences are Fibs, MAs, volume and a bit of EW theory
1:12:06 – BTC TA
02 Exponential Moving Average Strategy

How to trade the EMA crosses (HTF)
5:05 – ICX COTW
20:30 – TRADING FROM EMA STRATEGY
● Best used on 4H+

● With use of 26EMA, 55EMA, 100EMA, 200EMA
● 55EMA crosses 26EMA upwards and ‘fans out’ = BUY
● 55EMA crosses 26EMA downwards and ‘fans out’ = SELL
● When price is in a daily uptrend
● Buy the dips on 55EMA, 100EMA, 200EMA
47:57 – TRAILING STOP LOSS IN A VERY BULLISH TREND / ATH BREAKOUT
● LINK and MATIC example

● The price goes HH, HL, HH, HL breaking the highs and you are moving SL up
03 CCSS Scalping Strategy

ChartChampions Scalping Strategy with Bollinger Bands and EMA’s (LTF)
5:51 – REN COTW
14:05 – ONE OF MY SCALPING STRATEGIES
● BB, EMA’s, horizontals and fibs

● Daniel uses 3-5 min chart for scalping
● When volatility is low he uses 3 min chart, when volatility is high he uses 5 min
chart (5%+ moves on BTC) because there can be some false signals
● It is a counter trend strategy
● You need to have time. Trade takes from a few minutes to an hour.
● Of course, this is not ‘magic’ strategy but with good risk management should be
profitable
SO:
● Add horizontals (S/R, Monthly, Weekly, Daily)

● Add EW (dependant on direction you may only favour longs/shorts
● Add moving up & down % crossing and add RSI alerts (15. 5. 19 Champions
stream)
● Add fibs
● Still, you do not take every single trade (you have to get a feel)
THEN:
● You enter a limit order on the close of the candle that closes outside the BB (not
wick)
● TP1: EMA 8, TP2: EMA 12, TP3: EMA 26
● For 0.5% gain you place SL at 0.2% loss
● In extreme volatility, you place SL at 1% loss and target at 2% gain
● When TP1 is hit you move SL to entry
40:48 – ADDING COMPLEXITY

● For instance, when you see bullish divergences or confluences with important
levels (fibs, horizontals …) you can increase position size and let the trade ride
longer
● Trade with momentum
51:12 – BTC EXAMPLES and Q&A
● Focus on win % – consistency

● Never market buy (fees eat up profit)
● Use risk management or use certain amount each time
1:03:15 – FROM PLAIN CHART – AVERAGE DAY
● When Daniel starts with plain chart he marks:

○ (Monthly, Weekly, Daily)
○ Fibs (HTF)
○ Daily EMA (he writes down on paper daily 55EMA and 4H 55EMA)
P.S.
Daniel uses 4EMA+DC+BB indicator on TV (he made it, it is public)
1:21:19 – BTC TA
1:28:36 – LTC TA and ETH TA and Q&A
04 Volume specifics
Introduction to how Daniel uses volume chart for his unique day trading strategy
6:06 – ETH/BTC COTW
● Daniel changed his approach a bit – ETH was voted as the asset that most
people on the stream were interested in. Daniel then deleted everything from the
chart and started from beginning
● Speed fan is a very powerful tool
● Daniel takes the fib from where the move gets very impulsive
31:10 – VOLUME SPECIFICS – DANIEL’S SCALPING/DAYTRADING STRATEGY
● The first part (next part next week)

● We look at the H-L to identify the liquidity in the market
● If price is breaking through a level but the H-L are larger than the average it is
likely to be a fake-out
● When price breaks through a key level of the day (POC, monthly level, weekly
level, CC, a high or a low etc.) and the candles are larger than the average it is
likely to be a fake-out.
34:43 – AN EXAMPLE OF LOW LIQUIDITY TRADE
● It is such an advantage to trade with volume candles because it ignores all the
noise, the candle only gets printed when it needs to and also you can see the
strength and momentum of the move as well as the liquidity in the market.
● You are looking for the liquidation run into a SFP and then the rapid buy-back on
a very few big candles (lack of liquidity)
● When something like this occurs and you see orderbooks really thin you look to
fade that move. Price may also form a range
38:46 – AN EXAMPLE OF HIGH LIQUIDITY TRADE
● Lots of small H-L’s equal high liquidity. If price hits a key level (any) and the H-L
are smaller than average but CVD is breaking up, it shows bigger traders are
absorbing buy orders (or sell orders, depends where it is located)
● In this example, there are lots of small candles going into HTF resistance. Price
forms bearish CVD divergences and then sells off.
● NOTE: trade CVD divergences in high liquidity environments
○ When price builds up on very small candles it shows a lot of volume is
going into this but the price is not advancing sufficiently = larger traders
are absorbing several hundred million of orders. When price then retests
that same level on OI building up with it (=a lot of new longs opening) and
you get the bearish CVD divergences on top of that and the sell-off occurs
on a lot of small candles, it is sustained. That shows the bigger trader is
getting out of his position on a sustained move. There is an acceptance in
price going down. This type of day trades are the best.
○ On top of this you can check the trade count. You should look for low trade
counts because they highlight exchange/high volume trader. When there
are for instance ten 5 million candles and eight are built up with 1000
trades and then two 5 million candles in a row are built with one or two
trades. That shows larger traders are trading at that level. If this is starting
to be a trend, the larger player has made a decision and with following the
footprints you should be monitoring and recognizing what is happening.
44:38 – ANOTHER EXAMPLE
● Price rises on large candles and then goes sideways as bearish CVD
divergences form. Sell off on low trade count. Whoever was absorbing orders
decided the direction of the market. You want to trade with the trend and in this
case short every rise that occurs.
45:45 – RECAP
● Takes time to master this. Firstly, you have to recognize that high or low liquidity,
then understand the TA that you use within that environment would be
scientifically different.
● To know either you want to join a move or fade a move gives you a massive
advantage because majority of the market does not understand that.
48:14 – Q&A
● Quarterly and yearly levels are relevant but in crypto there is not too much data
so Daniel does not really refer to them (only stock market)
05 Day trading strategy

A strategy that is primarily based off volume and reactions
5:23 – ETH/BTC LAST WEEK’S REVIEW
8:39 – EOS/BTC COTW
● EOS was voted as the asset that most people on the stream were interested in.
Daniel then deleted everything from the chart and started from beginning.
● EOS is ranging for an unusually long period of time
● Again, Speed fan is so underrated but so extremely powerful
32:28 – DAY TRADING STRATEGY
● This strategy is primarily based off volume (high and low of the candles, liquidity)
and reactions
● Daniel always waits for a reaction, he does not pre-set bids
● Patience is very important with this strategy
● With this strategy, you trade with momentum of moves
● Key components
○ TPO charts
○ Open interest
○ Volume/momentum
○ Fibonacci
● This strategy gives 1-4 trades a day
● When there is no set-up do NOT trade, but when the trade comes, it is usually a
very good one.
● MS, OI and volume show momentum of the move + Fibonacci is Daniel’s primary
tool for confluence (entrance is not based off it)
● TPO charts and volume tools (POC, VWAP etc.) give trade entry.
● MS (15 min) shows trend (easier to monitor for newer traders)
● Volume shows the strength of the move (more advanced method)
● OI shows the aggressiveness of the move
● Daniel obviously uses CC, but he also uses .796 fib in the low volume
environments (ranging days) and .28 in high momentum environments (trending
days) – CCW!
● For this method TPO chart SP’s or HTN are highly favourable
● Reading momentum and context is the most crucial – if you use a strategy but
don’t understand how to gage momentum or context you fail. These two are the
most crucial
● In trending days, you have to look if longs or shorts are aggressive (in
Exocharts). Also in ranging days when you look for pull-backs, knowing who is
aggressive (momentum) is very helpful. Along with this, you have to see if OI is
following the aggression.
45:04 – EXAMPLES
● When there is an upwards move, it should be supported with NET longs pushing
(aggressive)
● One of the most common set-ups in this strategy is VWAP+POC confluence (first
touch gives a trade)
● Very good example: There is a trending (downwards) day and price rises with big
candles + some liquidations on declining OI. Price hits the dPOC + pdVAL +
VWAP = short the bounce (CONTEXT)!
● Understanding correlation with other assets (ES, DXY etc.) helps tremendously
54:45 – TEMPLATE EXPLAINED
● This is basically the all-in-one template (TPO chart, volume chart, candlesticks
based off of volume, daily volume profile of last two days, delta profile of last two
weeks (ultra-powerful), CVD divergence, OI, NET longs, NET shorts, H-L, Time
and Trade counts.
● It may seem perfect, but in fact perfect trading strategy does not exist.
● The final piece of puzzle is found with experience
58:55 – Q&A
● Daniel does not adjust the Speed fan when changing time frames (it is not
incorrect though)
1:18:22 – SUMMARY
● Momentum gives trade direction

● Volume gives entries
● Fibonacci gives confluence
● Context and experience
06 CCV
An amazing 80% probability setup
4:50 – LINK COTW
● Although Daniel is teaching more advanced theories – the more videos we go

through, the more advanced the content gets – we should not forget the core key
theory. It all starts with horizontal levels and Fibonacci.
● LINK has an amazing respect for the 0.66 and in general it trades very
technically.
10:14 – THE 80% TRADE SETUP
● Price remains range bound more than it is trending, therefore we long the lows
and short the highs instead of trading for breakouts constantly.
● The 80% setup we have is when the market opens outside the previous day VAH
or VAL but then becomes accepted back into the VAH or VAL.
● If day opens outside the value one would expect continuation. If you get
acceptance outside of that value and volume increases than you don’t expect the
price to reverse back to previous day value. So, if it does, the value has not
shifted and it remains the same as the previous day, thus you expect the full
rotation back to the high/low of the previous day.
● The acceptance back inside the VAH or VAL is classed by two consecutive 30
minute candle closes in the value area with the volume (not required though).
The theory behind this setup is that a VAH/VAL should act as a
support/resistance level once broken. And if price is in a range and market is
opening outside of the previous day’s VA but then gets accepted back into it, you
would expect price to continue to range back to the other side of the previous
day’s VA.
● Context and confluence are very important, you should not blindly enter a trade
based on this theory.
● To get the highest probabilities trades you have to factor in confluences and
context. Two key questions to ask yourself when wanting to trade:
○ What direction is the market trying to go?
○ Is it doing a good job in its attempt to go that way?
● Daniel named this theory CCV – Chart Champions Value setup
18:15 – EXAMPLE OF THE TRADE DANIEL DID NOT TAKE
● Context – nothing in the chart was signalling the rejection

● Also, you need to have a feel for market which comes with experience.
25:13 – CCV
● The distance from the daily open to the pdVA and the width of the VA are two
important components we have to review before entering a trade under this
setup. If yesterday was range bound and the following day opens outside the VA
in a low volume range, one would expect this to be the ‘perfect’ scenario for a
setup.
● Whereas if price has just broken out of the range on large volume, the setup rules
would be met officially but of course it does not make sense to trade the setup.
28:18 – EXAMPLES OF CCV
40:23 – CCV RECAP
● We always know to check the context and confluences before entering the trade
● If prior day was range bound it increases the probabilities the setup will be taken
● If price closes outside the value and the following day gets accepted back into
prior VA price is telling up it is likely to continue to be range bound as the market
works out its true value
44:12 – Q&A
● This theory works across all the markets

● CCV does work on HTF as well but the theory is a little bit different (needs a
whole live stream)
● If the setup is presented but the R:R ratio is not good, Daniel will still take the
trade. He is a pro, so he ‘bends’ the rules a bit for himself
● You don’t need to wait for two 30 minute closes if you see the volume coming in
● The liquidity, volume, OI and context in the range that you are trading determine
either the price will slowly grind or there will be a quick wick. There is no
guarantee, just likelihood. Every setup has a different context
● Invalidation of this trade is based on MS. Daniel uses wide stop losses, tight stop
loss can actually lose you a lot of money. So that’s the irony – people use tight
stop lose in order to not lose much money but at the end the actually lose more
money because they are continuously getting stopped out.
● Daniel does not like the session volume on Trading View because it is calculated
differently than on other (pro) platforms.
● In Trading View you can mark the daily open manually, then capture the 24 hours
before daily open and you get the pdVAH and pdVAL.
1:10:26 – RECAP
07 Pivot Points
A simple yet powerful strategy that gives great targets for a move
6:27 – PIVOT POINTS
● Pivot points can give great targets for a move

● They can give an invalidation of a setup
● Price is drawn towards P Chinese pivot
● Daniel used this strategy in the past (on stock market) but does not use it
anymore – Trader R though uses this strategy
● There are different types of pivots, Daniel likes Fibonacci, Trader R uses
standard. The difference is only in R’s and S’s, while P’s are the same on both.
● R1 and R2 can be used as take profit targets, or even short entries
● S1 and S2 can be used as take profit targets, or even long entries
● When you are trading intraday, 15 minute chart is the best chart for Pivots
● Pivot changes every day at daily open
● For swing trades, best chart is 1H chart for Pivots. They are given once a week,
on Monday open
15:51 – EXAMPLE
● A very nice example
22:50 – TRADER R’S PIVOTS
● He uses Pivots based off Chinese exchanges

● P becomes a target of the move – like a nPOC it is a nPivot
● P becomes visible at 4 pm UK time
● Price is drawn towards the level but does not have to be hit
24:48 – EXAMPLE
● Pivots can be used as a strategy on its own
29:00 – Q&A
● Calculation of Fibonacci and Traditional Pivots is P = (H + L + C)/3

● It is a simple yet powerful strategy
48:42 – SUMMARY
08 Liquidation trading strategy

Unique strategy that Daniel made himself for scalping (extremely high win rate)
5:57 – LIQUIDATION STRATEGY

● This is a very unique strategy that Daniel made himself as he saw the same thing
happening over and over again. He recognized the pattern, put some rules to it
and he came to this strategy
● It has an extremely high win rate
● Keep in mind this strategy is only for scalp traders (swing and day traders cannot
use it)
● Watch for an area of consolidation at the pivotal level
● Daniel uses both, Trading view and Exo Charts (not mandatory but very helpful to
see the volume – high volume preferred)
● Trade the liquidation wick for quick reversal
9:15 – EXAMPLES
● Daniel uses the calculator on Bybit page to see the liquidation of 100x leverage of
the level of consolidation. When you see where the liquidation price is, you place
the buy order just below that price. Do not buy the exact liquidation price but a bit
below (there is likely a wick – slippage) the liquidation price.
● So, when there is a consolidation under the resistance and high volume around
consolidation low, we look for a quick leverage flush before snapback reversal.
● On Exo Charts we can also see liquidations in form of bubbles (Rekt)
● Another option is to wait and market order as soon as price starts to turn around
– liquidation bubbles help you to recognize this
● Market order could be safer, and when you have more experience to recognize a
potential good trade, you can use limit
● Daniel takes profit on S/R level, moves SL to entry and he keeps the trade
running
● The invalidation is always the wick (on 1minute chart)
● SFP + liquidation strategy is very powerful
● Targets are subjective, Daniel likes to be conservative
● Daniel loves to use this strategy at psychological levels
● Footprint software adds confluence (delta, CVD etc.)
23:27 – LIVE EXAMPLES
● Clear targets – quick exits – even better entries
31:45 – Q&A + ANOTHER EXAMPLE
● Slippage varies – usually 0.2% so market orders can usually offer better and
safer entries
● This strategy can only be applied in trending markets when there is high volume
40:08 – SUMMARY
09 Trading ATH
Daniel’s strategy for trading price discovery
5:50 – BTC TRADE
8:28 – EOS TA
10:04 – ETH TA
13:14 – LINK TA
14:30 – LTC TA
16:40 – XRP TA
21:29 – XTZ/BTC
27:14 – ALL TIME HIGHS BREAKOUTS
● The strategy consists of three components:

○ Trailing stop loss
○ Fibonacci targets
○ How to short an ATH
28:32 – TRAILING STOP LOSS
● Daniel’s preferred strategy for ATH moves

● Time frames can be adjusted (depends on what type of trader you are)
● Daniel moves his trailing stop loss manually
30:22 – APPL EXAMPLE

● Stop loss should only be moved up when last HH is broken to make a new HH
● Daniel uses a conditional market order to get out of the trade in profits. He is
manually dragging up the conditional market order with each new HL made.
38:20 – FIBONACCI TARGETS + EXAMPLES
● Fibonacci expansion, extension and negative Fibonacci can be used to offer the
most reliable take profits
● Fibonacci extension levels can be used in confluence with Elliott waves extremely
well
46:28 – HOW TO SHORT IN AN ATH + EXAMPLE
● Do not short in an ATH

● When price hits a Fibonacci expansion it may give a range which can be day
traded
● Don’t expect anything to go up forever
● Using a good trailing strategy can let the winners run
52:00 – Q&A
● Scalping shorts in the ATH is ok

● Sometimes when BTC is in a strong daily uptrend this strategy can be used but it
is best used with the ATH
● Daniel trades stocks based on how their company is doing
1:06:22 – SUMMARY
10 Daily Opens
You always need to be prepared for the trading day ahead
5:42 – RVN/BTC COTW
16:45 – DAILY OPENS
● This theory comes from stock market but also works very well with crypto
● Daniel monitors the first hour of daily open, it is very important
○ Is there a strong move or is price moving sideways?
○ Check volume, dollar amount that price moved on daily open, where it
opened – below/within/above VA
○ One can trade then retest/strength
● There are three important open strategies
21.07 – INITIAL BALANCE (IB)
● Initial balance is the first hour of the trading day

● Daily open is at 00:00 UTC time
● Because crypto is 24h market, tests can take longer
23:56 – OPEN DRIVE
● When price potentially (not required though) opens outside of VA and continues
in a direction quickly with volume
25:55 – OPEN TEST DRIVE
● Starts off slow, tests daily open and then rejection occurs with volume
27:44 – OPEN REJECTION REVERSE
● The open makes a weak directional move, tests a key level which is strongly
reversed
BONUS TIP
If there is an impulsive move but is not backed by so much volume there is a high
likelihood that the high will be put in in the first 24 minutes. That move then fizzles out
and price goes back below daily open. So, there is a high likelihood that was the top, you
can short the move and put SL above the high.
30:41 – OPEN DRIVE WITH EXAMPLES
● Invalidation is if price goes back to daily open, though Daniel uses MS as SL

● If there is a strong IB and price retraces back to CC, it is a good setup
● But as always context and confluence!
37:11 – OPEN TEST DRIVE WITH EXAMPLES
● It is the most talked about (though it does not happen too many times)
● There is choppiness at the beginning at the move
● The invalidation is back below/above daily open
● The confidence of differentiating between open drive and open test drive comes
with the experience (you get the ‘feel’)
45:38 – THE OPEN REJECTION REVERSAL WITH EXAMPLES
● It gives a weak IB – price searches to test a key reference level

(VAH/VAL/fib/horizontal level etc.)
● Price comes and tests the key level and rejects with an increase of volume.
Conservative trigger is when price goes through daily open. Daniel trades the key
level though, he does not wait if he sees evidence.
● Invalidation is back above key level
52:30 – RECAP
56:28 – Q&A
● Daniel likes to trade daily open on 3 minute chart if he is awake then and on
15-30 minute chart if he checks it the next morning
1:10:33 – SUMMARY
1:14:00 – QUICK BTC TA
EXAMPLE: BONUS VIDEO
11 Alt coin trading

This is how Daniel trades altcoins
5:13 – BTC TRADES DANIEL TOOK

● Plan the trade and trade the plan
● Daniel explains his scalps – very insightful
● When you scalp trade and price pulls-back very quickly and takes the low, it is
very likely to bounce
14:15 – LINK/USDT COTW
● Daniel charts LINK/USDT from scratch
29:02 – ALTCOIN TRADING
● Daniel always charts altcoin/BTC pairs when trading USD or USDT pair
● The BTC pair is the underlying spot price of the altcoin, that’s why it always has
to be tracked.
● If altcoin/BTC pair is at resistance and altcoin/USDT is at support it is not a good
idea to buy the USDT pair. The BTC pair may retrace in this case so one should
better trade BTC in this case as it will be outperforming the altcoin.
● It does not make sense to trade USD or USDT pair if you do not track the BTC
pair first
● It is recommended to trade less altcoins (up to 5) and do a proper TA on them.
● You also need to know either you prefer more BTC or more USD value.
42:00 – EXAMPLE ON LINK
47:35 – Q&A
● Daniel uses log scale for volatile assets

● It is best to trade altcoins when BTC price is going sideways
● DXY and USDT/alts are inversely correlated
1:03:44 – SUMMARY

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02 Risk management introduction

04 Trading View introduction

06 Trading with leverage

09 The journey ahead + Expectation management

● Always protect your capital

01 Getting Started + Key Theory

● Becoming a pro (3-5y)

11:25 – NOT A GET RICH QUICK SCHEME

14:52 – 1% RISK PER TRADE or 2% IF YOU ARE CONSISTANT

● with 5400$ account 1% = 54

24:21 – 1-5% OF EQUITY RISK MANAGMENT

● For bigger accounts – a few millions

28:59 – THERE IS NO BEST WAY TO TRADE

● Is this increasing my profitability or reducing risk? ALWAYS has to be YES.

34:10 – WHAT IS YOUR EDGE

● Work it out, do not gamble

41:10 – HAVE A PLAN

● Know when you will go out BEFORE you go in!

46:00 – YOU CANNOT AFFORD TO BE MEDIOCRE. AMATEURS NEVER WIN IN

4:21 – NEO COTW

● Trade explained in detail + S/R

22:56 – IDENTIFYING SUPPORT / RESISTANCE

● You need confluence

27:23 – HORIZONTAL SUPPORT AND RESISTANCE

● 2 touches = strong speculative buy

NOTE: Fib pull ALWAYS from left to right.

1:09:07 – BTC TA and Q&A

EXAMPLE: BONUS VIDEO 7

4:05 – ATOM COTW

11:35 – WHY I TRADE BTC OVER ALTCOINS AT THE MOMENT

● Holding = losing money on alts

16:28 – TIME AND PLACE FOR ALL TRADES

19:55 – S/R AND R/S

38:15 – 3 COMMAS, BITMEX CHALLENGE ACCOUNTS, LIVE TRADE + BTC TA

Also, you can spot the potential reversal.

10:03 – SUPPORT AND RESISTANCE

ADDITIONAL EXAMPLES: BONUS VIDEO 6

05 Daily trading routine

● You always start TA from HTF to LTF

● If you do not have a plan your plan is to fail

31:10 – IMPORTANT LEVELS

● CC Fibonacci global and local

34:04 – KEY HORIZONTAL LEVELS

36:26 – VOLUME INFORMATION

40:14 – OPENS AND NOTES

● Daily, Weekly and Monthly opens

● Identifying these levels gives Daniel an edge, it identifies his setup

1:09:09 – NEXT CHAMPIONS STREAM + SUMMARY

● Trading without emotions is the key

6:39 – TRADING PSYCHOLOGY

● Work out a trading strategy

● Second guess yourself when entering trades?

9:22 – UNDERSTANDING AND ACCEPTING THE RISK

18:28 – I CAN LOSE ANY TRADE I TAKE

● Daniel fully accepts the risk he takes on every single trade

22:15 – TRADING STRATEGY – CHALLENGE

32:35 – THE SECRET TO TRADING

42:36 – SUM UP + Q&A

4:35 – FTM/BTC COTW

10:22 – PSYCHOLOGY IN TRADING

● You have to be extremely strict with risk management

6:06 – ETC COTW