Make $500 EVERY DAY with this strategy!

About this Video

• Video Title: Make $500 EVERY DAY with this strategy!
• Channel: Ascend Trading
• Speakers: The speaker's name is not explicitly mentioned in the transcript.
• Duration: 00:08:37

Introduction

This video details a trading strategy using vector clusters and fractal charts to identify potential market movements and profitable trade entries and exits. The speaker shares two successful trades from the previous week as examples, emphasizing the use of percentage odds to determine risk and take-profit points.

Key Takeaways

• Vector Clusters as Key Indicators: The speaker uses vector clusters on multiple fractal timeframes (e.g., 7-wave 5-minute, 10-wave 15-minute, 20-wave 15-minute) to identify support/resistance levels and predict price direction. Breaks above or below these clusters signal potential continuation moves.
• Percentage Odds for Risk Management: The speaker incorporates percentage odds (e.g., 2%, 10%, 20%) from fractal charts to determine take-profit targets, minimizing risk and avoiding "shooting for the moon."
• Importance of Market Open Analysis: The speaker stresses analyzing price action at the New York session open, combining it with vector cluster analysis to identify potential entry points.
• Informed Entries and Exits: The strategy relies heavily on data-driven decisions, using vector clusters and percentage odds to inform both entry and exit (take-profit) points.
• Patience and Discipline: The speaker emphasizes the importance of patience, waiting for confirmation before entering trades and following a pre-determined exit strategy based on the percentage odds.