This video explains a simple, high-win-rate mechanical trading model focused on identifying trading opportunities at all-time highs. The presenter, Blake, details the entry criteria, trade execution, target setting, and risk management for this strategy, emphasizing its ease of use and effectiveness for traders seeking funding.
The speaker means that when applying this specific trading model, you don't need to pre-determine whether the market is generally bullish or bearish based on higher timeframes (like daily or weekly charts). The model is designed to provide clear entry signals based on immediate price action, liquidity sweeps, and inefficiencies, regardless of the broader market trend. This allows traders to take both long and short positions based solely on the pattern's formation, even in situations like all-time highs where a strong directional bias might not be apparent.
Here is a checklist for Blake's Mechanical Model, based on the transcript:
Entry Conditions:
Trade Execution:
Targeting:
Risk Management:
Time Constraints (Macros):
Important Considerations: