💲Trend Sessions
It doesn't get better or easier than trading a trend session.
On a trend day even if you're in the wrong side, you can switch and make it all back and then more. The biggest mistake you will make is taking a 100% gain when it goes for 500%+.
When price moves in one direction the entire session, deep into the red area of the chart.
Generally this means:
🐂 BULL TREND - BL +4 and higher
🐻 BEAR TREND - BL -4 and lower
RIGGED makes it easy by showing you tradeability and strategy.
Look at the difference between these two sessions:
10/23/24 - FULL SEND + TREND and BEAR AMG (average max gain) all over 100%.
versus
10/03/24 - NIGHTMARE + Mean Reversion and AMG is all below 100%
In this article we'll help you identify a trend and show the basic strategy.
Identifying a Trend
Volume 110%+
We want volume to be a minimum of 110% and going up as price approaches the yellow area.
If volume is going down, there's a strong possibility the movie will reverse and it will be mean reversion.
Volume is going down and price bounces heavily back to the yellow area.
Volume is 200% and steadily increasing the entire session. Price follows.
Price hits BL +3 and volume explodes higher going with price.
Price Hits BL +/- 3 at the Open
The open (first hour) is the most volatile part of the session.
This is where Wall Street kills traders who are late by violently reversing price action.
If we are going to have a trend day, then price needs to hit BL +/- 3 at the open and stay there.
Price goes BL +3 and never pulls back before going into the red = bull trend
Price goes to BL -3, never breaks back to the blue and eventually leads to a mega nuke.
Do not chase BL +/-3 at the open.
This is a good spot for a reversal and it happens a lot.
If you are BL +/- 3 and it goes to 2 and does not immediately bounce and go back to 3, get out of the trade. It's going to reverse.
SPY 07/25/24 Reversal
We nuke to BL -3, but then it rips straight up before eventually coming all of the way back to BL -3.
🔥 On Fire Alerts
If you're busy and can't watch the charts, the best indicator this is happening is when you receive an ON FIRE notification.
A lot of ON FIRE alerts = trend (bullish or bearish).
On Fire is triggered when an alert returns 100% in under 1hr. This only happens when there's a 3+ strike move at the open.
This can be viewed at the top right of the session bar.
At 10:16 we get the ON FIRE alert for SPY.
This is when the 256 BEAR BOMB first returns 100%.
Volume is 110% and we are BL -3.
Possible trend day and we want to follow the price action. Entering a BEAR BOMB at any of these times paid massively.
Trading Trend Sessions
Follow Price Action
On a trend day we want to follow the price action, this means buying dips on a BULL trend or shorting rips on a BEAR trend.
Typically this means entering trades in the yellow area
Look to enter on a pullback
BULL TREND = BULLS BL +3 to +4
BEAR TREND = BEARS BL -3 to -4
QQQ 02/02/24 - BULLS BL +3 to +5
SPY 09/03/24 - BEARS BL -3 to -4
Hold Position Beyond 100%
You will make the most money on trend days and you will also lose the most potential gains by selling too early. This is difficult and takes a lifetime to learn.
On a trend day you must leave on a few contracts as free runners!
9/11/24 was one of the most insane sessions ever.
That is a 978.48% return turning $157 into $1,699.00.
If you leave on 2, you're turning $300 into $3000.
Trend Sessions Summary
✅ Easiest session to trade
✅ Switch positions if wrong
✅ Follow price action, buy BULLS BL +3-5 or BEARS BL -3 to -5
✅ Leave on free runners beyond 100%
Continue reading:
Bull Trend Strategy (easy)
Bear Trend Strategy (harder than bulls)
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