This trade is based on the video down below.<\/p>\n\n\n\n Overall this setup is aligned well with the bigger market structure. The market has a bullish skew (long red arrow on the picture above), with higher lows being formed over many days. Over the course of the last 3 days, the market has created both poor highs and poor lows. Given the bigger picture structure being skewed bullish, this poor low location might be the ideal point for a reversal and continuation of trade to resolve the poor highs. These are the Elite trader clues in regards to the trade:<\/p>\n\n\n\n Given the information about the overall bullish market structure, poor lows, and highs this is how an Elite trader formulated the trade idea:<\/p>\n\n\n\n Let’s have a look at the actual detail of trade execution.<\/p>\n\n\n\n If you read through the observations of this trader, one thing is clear. If the poor lows 4TPO ledge will get repaired, it is all about HOW. As the market pushes to the trader’s entry price, he observes the sellers strength activity. He asks three important questions:<\/p>\n\n\n\n You can watch the direct recording from the price ladder here<\/a> and notice how this trader sizes the trade with sizing up from 0 to 200lots.<\/p>\n\n\n\n As you can see down below, the market has dipped through the poor low, repaired the low, and in a nearly V-like fashion reversed the overall move but not immediately. You had to sit with the trade for a little while at the beginning phase of this trade. The absorption at the lows as visible on the footprint has become a key reference point. This trader did not want to see many more tests of this level given the overall bullish picture of the structure.<\/p>\n\n\n\n Now to wrap this up. One observation is that this Elite trader always anchors short-term info in the higher time frame info. Also, when the info aligns across all of the timeframes (including PA and correlations) you have probabilities in your favor and can lean on this in your conviction. If you want to learn how this Elite trader used our proprietary materials and grew to become an 8-figure trader, don\u2019t forget to check the free webinar we are running at:\u00a0https:\/\/www.elitetraderworkshop.com<\/a>.<\/p>\n\n\n\n If you liked this type of content, you might check these videos as well:<\/p>\n\n\n\n If you like our content and would like to improve your game, definitely check one of our courses that teach you all the techniques presented by AXIA traders from a market profile<\/a>, footprint<\/a>, or order-flow<\/a>. If you are someone who likes to trade the news, we have a great central bank course<\/a>. And if you are really serious about your future trading career, consider taking AXIA\u2019s 6-Week Intensive High-Performance Trading Course<\/a>.<\/p>\n\n\n\n Thanks for reading and until next time, trade well.<\/p>\n\n\n\n JK<\/p>\n","protected":false},"excerpt":{"rendered":" Elite Trader Trades False Break Setup With 200 Lots Introduction In this blog post, we will review how Elite trader trades false break setup with 200 lots. If you are a frequent reader of our blog, you are familiar with the different styles of Axia Elite traders that range from news-driven aggressive trades to very […] More<\/a><\/p>\n","protected":false},"author":9,"featured_media":13155,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[138],"tags":[],"wps_subtitle":"","_links":{"self":[{"href":"https:\/\/axiafutures.com\/blog\/wp-json\/wp\/v2\/posts\/13143"}],"collection":[{"href":"https:\/\/axiafutures.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/axiafutures.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/axiafutures.com\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/axiafutures.com\/blog\/wp-json\/wp\/v2\/comments?post=13143"}],"version-history":[{"count":3,"href":"https:\/\/axiafutures.com\/blog\/wp-json\/wp\/v2\/posts\/13143\/revisions"}],"predecessor-version":[{"id":13157,"href":"https:\/\/axiafutures.com\/blog\/wp-json\/wp\/v2\/posts\/13143\/revisions\/13157"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/axiafutures.com\/blog\/wp-json\/wp\/v2\/media\/13155"}],"wp:attachment":[{"href":"https:\/\/axiafutures.com\/blog\/wp-json\/wp\/v2\/media?parent=13143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/axiafutures.com\/blog\/wp-json\/wp\/v2\/categories?post=13143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/axiafutures.com\/blog\/wp-json\/wp\/v2\/tags?post=13143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Elite Trader Trade Setup<\/h2>\n\n\n\n
Bigger Picture Structure<\/h3>\n\n\n\n
![\"Chart](\"https:\/\/axiafutures.com\/blog\/wp-content\/uploads\/2022\/07\/01-1024x504.png\")
Trade Execution And Price Ladder<\/h3>\n\n\n\n
![\"Footprint](\"https:\/\/axiafutures.com\/blog\/wp-content\/uploads\/2022\/07\/03-1024x465.png\")
![\"\"](\"https:\/\/axiafutures.com\/blog\/wp-content\/uploads\/2022\/07\/02-1024x613.png\")
<\/figure>\n\n\n\n