GxT - How I Traded Everyday This Week - Weekly Recap

What's up, guys? So, appreciate it for

4K. This is just going to be a long

rant, no editing. Just going to be

walking through all my trades that I

took this week on indices. I took five

trades, one each day, all around the

10:00 open, high, low, close or open,

low, high, close. And yeah, let's get

into it.

coming into the week, right? We see that

we have this huge drop on

Friday and we're pretty much opening

near these lows. So, specifically on a

Monday, you you don't really expect the

biggest range, right? It's historically

it's the smallest range day out of um

all five days. So when you see see this

specifically where the previous day

prints a large range and is going to hit

an objective, we definitely don't expect

a large range day. So that's already

setting the narrative in a sense. Now we

just need price to align with that

narrative. This is what we see when I

come into the charts, right? If I play

price to the 6 a.m.

candle, right? So I don't want to short

bearish, right? Because like I said, not

expecting the biggest run through this

low. We're expecting a smaller range day

or maybe like a uh you know reversal

candle type of thing. And this is

setting up perfectly for a reversal

candle. So when you want to trade a

reversal candle, right, it has to form a

certain way, right? It needs to open low

first, put in a reversal early on in the

day. So ideally before 10:00 if it's

going to be a New York reversal. Um, and

it's going to be a 10 a.m. New York

reversal. Then ideally, it's within that

first hour of that 4hour candle because

we need enough time in the day to come

back uh back to the opening price. And

one thing about reversal candles is we

know that this candle doesn't support

bullish expansion. So, we simply must

adjust our targets, right? It doesn't

mean we can't trade the day, right? We

we just need to adjust our targets

because we know that if it's a large

opposing run, it doesn't support a

bullish day. So, we're not going to get

expansion past the daily open. This is

something that is very logical and

repeatable, right? And we need it to

open low first, right? Because when we

think about a bullish day, right, it

opens low first, but also we want

session highs and low resistance

liquidity to trade back into. And we

don't want to trade a there's two types

of reversal candles. So there's this one

where it's a more fluid motion where

price opens low first, puts in some

reversal to trade back into the high.

And there's this type of reversal candle

where the daily opens low or sorry opens

high first and then opens low. We don't

want to trade this, right? Because this

is more like seek and destroy, right?

Where you know it's there's nothing to

really target really at this point,

right? We want to target low resistance,

right? Um and if we already made this

open high first, what does that support?

that sports a bearish day, right? So, we

don't want to trade that. So, this is

mechanically how we define it. Um, this

is in my course, how to trade a reversal

candle. So, when I drop lower, I need to

trade away from some point of reversal

um or some, you know, key level to get

to these highs, right? Some protected

swing. And we think about protected

swings. Ideally, they're highs and lows,

right? When I look to the left, we can't

use this. We didn't manipulate it. So,

we need some sort of closer proximity

level to trade away from to get to this

high. As you see, it's just 1,800. It's

an unestablished high of the day. Um,

it's another reason why we want to trade

um this profile. That's why we want it

to form this way, right? So, when I look

at the assets, look at the close, right?

With this hourly close. So, this is

9:30. So, what are we what what also are

we doing? We are also pairing a

manipulation with a driver, right? So

930. Now some people ask me within the

lens, right? Why did this fail or or was

this a valid entry to take, right? Well,

yeah. I mean, this could have been a low

of day for sure, right? Uh we take out

this

low, we manipulate it and we close

above, right, the opposing candle. But

what is the if then scenario, right? If

this is going to be the low of day, then

the driver should do what? It should

expand away from it. But what do we

see, right? It clearly disrespects it.

And if you guys know me, you guys know

that I always pair um my entry with

drivers or or with manipulation, right?

Or I need to the driver to confirm. I'm

always confirming narrative with

drivers. It's one of the biggest parts

uh in my trading. And on a day like this

where it's super low probability, you

need to be waiting for the driver to

confirm narrative, right? Um, so when we

look to the left, if if this is going to

fail, then what is the only literally

the only point for price to reverse

from? It's this swing point, right? If

we don't reverse here, then there's two

red flags, right? For one, there's

nothing else to reverse from to the

left, right? And also, the driver failed

to reverse the day, right? When the

driver fails to reverse the day, that's

already a red flag in itself. That's why

I don't prefer uh 10:00 a.m. 4hour New

York reversals. I prefer 10 a.m.

continuations. I prefer 6 a.m. New York

reversals. So when we look at this

candle here, um we clearly see a

manipulation of this low. Now compare

this close to

ENQ. What do we see? Right? We're

actually closing below this low. So this

is how we gauge strength, right? Without

an SMT. As you see, we already know ES

is stronger here. And when I look at YM,

it's actually the strongest pair. But

here's the thing about this day. I don't

know how far since I I'm expecting a

small range today. I don't know how far

we're going to go beyond this level, but

I can anticipate that price on all three

assets will likely hit hit that uh

Monday uh new week opening gap or the

1,800 high. I just don't know how far

we're going to go. So, this is my

target. So, it doesn't make sense for me

to trade this asset if you know you know

we're already so close to it. If I can

uh measure this out, right, we're like

super close to it. We're like 50 points

away. So, I'm going to engage with the,

you know, asset over here, which is ES,

which is the kind of like the middleman.

It's not the weakest asset, but it's not

the strongest asset, right? So, just

because one asset reaches a level first,

that doesn't mean that the S&T is going

to hold, right? This is a big big

misconception. This is something we can

get in. Um, you're going to see a lot of

of examples this week um of this, right?

It just means assets are lagging behind.

So, what we have here is a GXT ideal

formation where the low of day is

created from manipulation. The wick is

formed from a protected swing. We want

to trade away from protected swings. Um,

because when you manipulate, we

distribute, right? And the distribution

is creating the body. Now, in this case,

it's pretty much going to create the

wick um because this is our target. So,

it's going to create a small body. But I

digress, right? So, what we have here is

we're also not going to trade within

this 6 a.m. candle because it doesn't

support expansion. So, what I'm viewing

this as is a 6 a.m. New York reversal.

And I can expect a 10 a.m. continuation

rate because if we're going to be fading

the daily candle, we need to be trading

in between or within a 4hour expansion

candle to our draw, right? So, when I

drop to the five minute, this is simply

the fractal

model at 10 a.m. open, right? So, if I

just play

price, we have that V-shape, right?

reversal signature that we talk about