Execution I - The Model
Let’s get you guys sorted with execution, and the two routes you can have when it comes to executing in
your trades.
Theory
There are two main models when it comes to figuring out the market.
One is when the puzzle is complete, this is when we have all three criteria;
- Stage
- Setup
- Pattern
The other model is when we only have two of the three;
- Setup
- Pattern
In general, the following is how we execute;
STAGE -> SETUP -> PATTERN
Let’s simplify each aspect for you first;
- STAGE = Where your draw on liquidity is present. This is formed from your daily bias.
- SETUP = The specific setup you are looking for (buy model/sell model).
- PATTERN = The entry model you will take on basis of confirmations for your setup (E1/E2).
