Basics
The market moves in three directions....
up, down, sideways
Why do we use the 3TX formula?
Identify the best/current supply & demand
What are the horizontal gridded lines called?
Trade Levels
Levels of Equity
Queen Maggie P
Above all things, seek _____ above all things!
wisdom
What timeframe do we adjust our 3TX formula?
M1
The trend is our ...
Friend!
What is the space between the red & blue tickers of current price called?
Spread
Who owns a vending machine business?
King Matt Kotowski
_____ is when preparation meets opportunity
Luck
How do we identify a downtrend?
Lower highs, lower lows
Scenario:
You don't have any information to create white space to the top side of your consolidation. You've gone through your multi-timeframe analysis, and still no data to work with. Price moves, with volume, past your X-factor to the top side. How do you handle this situation?
(2 answers)
1. Don't enter & observe
2. Enter, consider a low lot size, know how many points you want, and be prepared to manage your risk!
What is the technical term for a white candle?
What is the technical term for a black candle?
Bear Candle
Who manifested a 40% salary increase?
Queen Mawusi Bridges
You become _____ by becoming more of who you are, not by becoming someone else
wealthy
How do we identify an uptrend?
higher highs, higher lows
90 MOF & Nightly Routine
What two types of moving averages do we use?
Simple & Exponential
Who use to hack into buildings & computer systems for work?
King Obadiah Bridges
"Work brings _____ , talking brings _____ "
profit, poverty
Scenario:
As you complete your mark up and head back to the M1 timeframe, you check your white space to the bottom side & see you have 7 points. The spread is 5 points. How many points will you secure if you have a perfect entry & exit?
2 points
Delayed Gratification + a Well Constructed Plan + Execution =
Unf*ckwitable
What levels of equity are lag measures?
Moving Averages
Who has made over $300K in one trade on the US30?
Coach Vibez
The action in your thought, and the reaction in your response, is the response of your ...