#TipOfTheDay [2]
๐ How to Find Winning Trades Like a Pro
If you're tired of chasing setups that don't play out, itโs time to level up your strategy. Use this 3-step framework to increase your trade accuracy and consistency:
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๐ Step 1: Practice Top-Down Analysis
Always start from the higher timeframes to get the full picture.
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Monthly โ Spot the macro trend and key zones
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Weekly โ Refine your areas of interest
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Daily โ Prepare potential setups
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4H/1H โ Pinpoint your entry and stop loss
The higher the confluence between timeframes, the better the setup.
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๐ Step 2: Identify Market Structure
Market structure is king. Always ask:
-Are we in an uptrend, downtrend, or range?
-Are we forming higher highs/lows or lower highs/lows?
-Are key support/resistance levels being respected or broken?
Use trendlines, chart patterns (e.g., flags, triangles), and clean S/R levels to guide you.
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โก Step 3: Add Confluence
Stack multiple signals to boost the probability of your trade.
๐ฏ Fibonacci Retracements โ Especially 61.8% or 78.6%
๐ฏ Candlestick Formations โ Engulfing, pin bars, inside bars
๐ฏ Patterns within Patterns โ Wedges, flags, head & shoulders inside higher timeframe zones
The more aligned the signals, the stronger the case for the trade.
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Quick Pre-Trade Checklist
โจIs HTF structure aligned with my trade?
โจAm I trading with or against the trend?
โจDo I have 2โ3+ confluences?
โจIs my RRR at least 1:2?
โจAre my entry, SL, and TP levels clear?
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Consistency > Perfection. Master this process and let your edge play out over time.
Drop a ๐ if you're going to apply this strategy to your next setup!