Rez

@resistanceflip

8 Tweets • 2023-01-22 •  See on

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DAYTRADING STRATEGY: Opening Price + Judas

Swing

TIME: NY Session opening prices at 8:30am,

9:30am, and 1:30pm

PRICE: If bullish, buy below opening price. If

bearish, sell above opening price.

Thread...

#daytrading #forextrading #cryptotrading

A Judas Swing can be simply defined as when price
temporarily swings in the opposite direction of its
eventual expansion. Price initially hides its true
intentions.
You can use my Entry Model 1 (pinned post) and its
variations to confirm your entry. Here is the zoomed in
view of the possible 8:30am long:
Here is the zoomed in view of the possible 9:30am
long:
Here is the zoomed in view of the possible 1:30pm
long. Retrace is shallower and does not go back below
1:30pm open after entry model forms. But it is a higher
timeframe entry model (15min), which gives more
confidence for entry.
BIAS is necessary. So IF we are BULLISH, we believe
price will expand upward. When we see price initially
go below our Opening Price reference point, we are
happy to see that because it means we can potentially
get a better long entry before price expands upward.

Waiting for your Entry Model to form allows for extra

confluence to take your trade.
That's how you can use Opening Price + Judas Swing
for daytrade entries in the NY Session. Rinse and
repeat . This was inspired by ICT teachings.

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