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Alex
@AlexsOptions
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Tight stops or get killed #TheStrat
Wisconsin, USA
Joined May 2019
RT @STAT_Trading: One day this week @AlexsOptions gave a preview of a Broadening Formation Video coming out soon! Take a look! @TradeSnip…
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RT @SwiftFX11: I will lock it in there for $1,800 per contract #TheStrat mother bars & lower timeframe reversals Shoutout @AlexsOptions🧨…
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@bruceba73118234 @LearningAlways_ These 5 bars went scenario 3 to all bars on the left including the scenario 3 motherbar.. To initiate the trade we’d use the 2-2 reversal 5min given no reversal against we understand 6087 is the magnitude
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If the HTF candle has a magnitude [#TheStrat] And the LTF makes a low or high against that magnitude then reclaims Go after it. That's the whole game
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Didn't fully get it but we know what a 2u-2d looks like Trail it up & run!
$SPY Ezpz lemon squeezy Some random news at 9:40 caused us to go 3. Then we went 1 [3 is now motherbar] Then we went 2d into LOD [exhaustion risk] Then we went 2d-2u reversal [this means price is now going up] Then it never reversed so we're about to take out the other side +1.2
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The 3-2-2 is useful because it combines two things we look for 1) The Scenario 3 broadening formation which is a repeating series of new highs and new lowS 2) The 2u-2d reversal which will cause a compound 3 given no reversal against. This allows us to target a larger magnitude & allows us to scan for our broadening formations. Unlike other strategies that are not scannable
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