That was pretty good, interesting he uses 2 OR now.. Does that go with your thinking Mav about not taking A ups in the afternoon? It also appeared he doesn't use time confirmation above the A level, for instance his S&P trade, or maybe I misinterpreted that. Eitherway that was a good presentation.
I've been using the two OR's for years although I don't watch them now. Back in 2008 and 2009 when markets were moving crazy they were very effective. The vol is just so dead now I don't see the point. Maybe for something crazy like Gold. Today you have to understand he had to trade differently to fit things into the 90 minute window of the webinar. He explained he had a bias coming in to be long the spoos so all he wanted to see was confirmation of strength and then to get long on a pullback.
At first I thought, 'wow he's lost weight', then he spun his chair around and I had second thoughts. I still thought he did a good job, I wish he would do a logical trader seminar again.
Here are my notes from the presentation: 930-945 opening range eastern time looking for low risk entry (narrow band) traders need to sit on hands more more chop due to hft, don't overtrade 1130-1145 eastern time open for RBOB, crude due to reports also Brent close use time stops hard stops will get hit due to hft 20% of average true range over 30 days as good as anything else (this was quote from Fisher mystery solved) still uses first two weeks of calendar year and first two weeks of July (never heard that one) risk on/off pair -es / -ty similar to spy- tlt as risk on metric likes UNG short over the summer go into uncrowded pairs eg MXNCAD mentioned this pair a few times and said it worked well with ACD still believes that price action from 30 days ago is significant and not sure why his scaling method is to take half off and let the rest ride is using trade flow for bid/ask ala market delta, market profile http://www.cqg.com/Docs/IntrotoTradeFlow.pdf I thought it was interesting he went long emini unhedged, ususally when he trades live it is pairs. Here is the weblink to Top Step webinar: https://mr-topstep.com/index.php/education/main-menu/webinars
I have to say his no bullshit approach to life and trading makes me a fan, way too many hucksters out there, very enjoyable!