The story of a(nother) 1R

The trade below encapsulates how we see and trade the markets, so we thought we’d share it for everyone’s benefit. The series of events similar to those seen below happen way more often than to be dismissed as random. This is, in fact, what a certain aspect of crowd behaviour, i.e. the re-emergence of momentum out of consolidation areas, looks like on our charts, and this aspect of crowd behaviour can form the basis of a successful trading methodology. Get the tools and join us as we track the markets!

March 27, 12.27pm: we identify the opportunity, a complex consolidation, and the expected re-emergence of momentum (and share it with our Premium membership at the time, as well as in a public post at the end of the day)

A few hours later momentum re-emerges, we get triggered into the trade. We use PRO STR for the job, but the job can be done with BT as well, and can be split to smaller trades on lower timeframes. Notice our resting stop entry at the top of the red candle two candles back.

The trade is completed at 1R.

The method, the tools

Yes, the ES and NQ are at new highs, but it’s never too late to learn more about our method and our tools. In fact, times like these might be the best opportunity to do so! So let’s review the basics:

  1. We trade crowd behaviour based on quantitative evidence we find in price data. Call it Evidence-based Technical Analysis (EBTA), because that’s what it is.

  2. Within the realm of ‘crowd behaviour’, we trade, a certain aspect of crowd behaviour called “the re-emergence of momentum out of consolidation areas”. Why this? Because we have found this the most consistently reliable and rewarding.

  3. You can already see two things in the above:
    - we trade based on evidence only: if we find no evidence for something in the data, that something will not be part of our method. (Therefore you will see no useless lines on our charts).
    - we don’t get lost in the noise: we trade above the random moves generated by scared traders.

Want to join us on this journey? Learn the method, lease the software in one go by subscribing to Remek! Premium at this weekend’s discount!

One thing we do know: whatever the market does next, momentum out of consolidation areas will keep re-emerging, re-emerging and re-emerging. You can train your eyes to see them, and you can now lease the software to trade them, in one go!

Before and after: our most recent 1R trade. Note timestamps.

Click below to learn more about our algorithmic powerhouse, The Remek! Standalones.

Coffee and gold

The evolution of our 1R KC trade. See timestamps.

KC 2023 10 17-19

See details of the evolution of our recent 1R on GC trade. All charts are timestamped.

GC 2023 10 17-19

These are repeating patterns, so these are surely not the last ones. Which means, if you haven’t joined us yet, the best time to do so is today!