The SIMPLE 3-Step Trading Strategy That Makes Me $3,496/Day

The first step involves identifying the current range and determining who's in control of the market. I start by analyzing a 15-minute timeframe to get a zoomed-out perspective. The goal is to look for what's called a "break of structure" - a technical pattern that reveals trend direction.To identify trends properly, I examine the sequence of highs and lows. A bullish break of structure occurs when we see a higher low, followed by a higher high that surpasses the previous level. Conversely, when price starts closing below previous support levels, we get a "change of character" indicating sellers might be taking control.For a confirmed bearish break of structure, I look for a specific pattern: a low, followed by a lower high, then a lower low. This sequence confirms that sellers are now in charge and provides what I call "liquidity inflection levels" - essentially trend levels that offer execution opportunities.I also utilize the Inevitrade Pro Plus indicator, an advanced RSI that provides highlight strips showing when price is drastically overvalued or undervalued. While not perfect on its own, these highlights help identify general ranges and potential reversal areas when combined with market structure analysis.Another crucial tool is the IT Foundation indicator, which marks 24-hour increments and shows the New York stock market open with a red dotted line. This timing is critical because it indicates where initial momentum and major market moves typically occur during the trading session.Fair value gaps play a vital role in this analysis. These occur when there's a series of three candles where the wick of the first candle doesn't overlap with the wick of the third. Price naturally wants to fill these gaps, making them excellent targets for potential moves. I mark these gaps and drag them into current sessions because price consistently responds to these levels.