📌 CHEAT SHEET
LTP > ITP > STP
WEEKLY > 4HR > 15M
DAILY > 1HR > 5M
4H > 15M > 1M
Check:
a) Apply standard deviations on ITP timeframes manipulation (SMR)
b) First leg distribution and part it with DOL, depending on which makes more sense for the situation.
x) You can also use standard deviations on (execution) TP for exiting trades.
ITP standard dev & pair with LTP DOL.
STP standard dev & pair with ITP DOL.
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DOL: Draw on liquidity
ITP: Intermediate term perspective
LTP: Long-term perspective
STP: short-term perspective
LTP > ITP > STP
WEEKLY > 4HR > 15M
DAILY > 1HR > 5M
4H > 15M > 1M
Check:
a) Apply standard deviations on ITP timeframes manipulation (SMR)
b) First leg distribution and part it with DOL, depending on which makes more sense for the situation.
x) You can also use standard deviations on (execution) TP for exiting trades.
ITP standard dev & pair with LTP DOL.
STP standard dev & pair with ITP DOL.
---
DOL: Draw on liquidity
ITP: Intermediate term perspective
LTP: Long-term perspective
STP: short-term perspective
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