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Intraday Standard Deviation Strategies

The document discusses the calculation and application of intraday standard deviations (STDVs) for trading, emphasizing the importance of confluence with previous day data and specific pip ranges. It provides guidelines for ideal buy/sell conditions, entry strategies based on liquidity, and the use of Fibonacci extensions for profit-taking. Additionally, it highlights the significance of reacting quickly to price movements at key levels and the potential for multiple target projections before market close.

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maximen1478
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59 views2 pages

Intraday Standard Deviation Strategies

The document discusses the calculation and application of intraday standard deviations (STDVs) for trading, emphasizing the importance of confluence with previous day data and specific pip ranges. It provides guidelines for ideal buy/sell conditions, entry strategies based on liquidity, and the use of Fibonacci extensions for profit-taking. Additionally, it highlights the significance of reacting quickly to price movements at key levels and the potential for multiple target projections before market close.

Uploaded by

maximen1478
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Intraday standard deviations and projections Index

Standard deviations can find confluence with standard deviations of previous day and PD arrays.
Intraday STDVs are best calculated using bodies on 5m chart.

Overlapping of precious days CBDR, Asia or Flout range STDVs within 5 pips is a good way to determine weekly and daily high-lows.

Ideal sell days can have HOD at 2 standard deviations or less. Other confluences for intraday STDVs are
Ideal buy days can have LOD at 2 standard deviations or less.
Pip grades above intraday H|L
CBDR needs to be more than 15 pips, LESS than 40. 4pm-8pm EST Measured swings
AR needs to be more than 20 pips and LESS than 40 8pm-12am EST and PDAs of course which is the main one.
Flout count 4pm-12am with no pip limit

Pips calculated using mainly bodies, but wicks can be used too.

Entry on internal liquidity = ideal TP on external


Entry on external liquidity = ideal TP on internal
Internal liquidity: voids, FVG, blocks,
External liquidity: EQ swings ran, turtle soup <--- General tip
The following info requires more context. ----> imgur link twitter link hive link

Once price reaches a deviation coupled w PD array and then pivots, the projection can be using the entire deviation as one.

Example: price reaches 2 SD above coupled w SZ and breaks down. The projection for confluence would be the entire 2SD + the corresponding CBDR, AR or Flout. (optional)

Other confluences CBDR, AR or Flout Count

Entering above/below opening (GMT or NY primarily) and/or Asian range and/or CBDR or Flout Count is good. Judas swing might go there.
Entry w confluence w minutes PD array such as 15m or so.
Once price reaches PD array, it should react fast. If it doesn't react fast, closing the trade might be the best option.

When using the Flout, it can be divided in Premium and Discount, and entries inside in the corresponding zone.

Intraday standard deviations usually fill 3-4 deviations (tps) before London close.
First tp should be high/low of range.

General tips

When an important MSB happens, measuring the entire swing might be a good way to project next move. Also using fib extensions.

Other fib extensions, such as 1.27, 1.62 are also useful for more conservative profit-taking.

When looking for targets, using fib extensions of several swings to look for overlapping levels might be a good method.

When a high-low is swept, the next target can be the unswept low-high.
If short term swing is taken, with no continuation, turtle soup is an option.

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