Judas Swing X Itsimpossible by Hedda Trades

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Hedda Trades

Judas Swing x #itsimpossible


30 minutes a day, keeps the day job away

Please note: I am not a certified financial advisor, and this information is provided solely for educational and
informational purposes. This document is not intended as financial advice and should not be construed as
such. Investing and trading involve risks, and it is advisable to seek independent financial advice before
making any decisions. I accept no liability for any loss or damage resulting from the use of this information.

Introduction and key concepts


This strategy is extremely suitable for people with limited time. It only takes 30 minutes a
day. However, the setup doesn't occur daily. Patience is key, but the monthly results are more
than sufficient once you understand that you don't need 50R to make money trading.
Before we dive into the specifics of the strategy, it's important that we start from a basic
level of knowledge. This strategy assumes familiarity with the core concepts of The Inner
Circle Trader (ICT), such as liquidity, time versus price, et cetera.

Inner Circle Trader


ICT operates under the premise that major market players, like banks and financial
institutions, manipulate the market to their advantage, with the Judas Swing being one such
manipulation. His strategies focus on recognizing these manipulative movements and
capitalizing on them. The #itsimpossible approach aligns with this, targeting liquidity and
entering trades when the price indicates a reversal.

Judas Swing
The ICT Judas Swing refers to a false price movement, typically occurring during the
opening of the New York session. There’s also one in the London session, but we only focus
on New York. The market initially moves in one direction, luring traders to act, but then
abruptly reverses. For instance, if the price rises at the start of the London session, traders
might buy, anticipating an upward trend. However, it’s a Judas Swing if the price suddenly
drops afterwards, putting early buyers in a disadvantageous position. Recognizing and
strategically responding to this phenomenon is vital, especially for traders focusing on
patience and risk management.

Itsimpossible
#itsimpossible is an indicator and method for identifying key liquidity levels. If the price
breaks a liquidity level but the candle fails to close beyond this level, leaving only a wick, it
indicates price weakness and a high likelihood of a reversal towards a new, opposite liquidity
level.

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Core of the Strategy
We’re focusing on the New York Opening Judas Swing between 9:23 and 9:45 EST.
The pairs used are indices ES, NQ and YM. Beginner traders are advised to start with just one
pair, preferably NQ. For confluence, the Dollar Index DXY can be utilized.

Setting up TradingView and the #itsimpossible indicator


Apply the 5m timeframe.
Use the #itsimpossible indicator twice on the chart: once set to 5m and once to 1m. Change
the lines of the 1m to grey instead of green and red, so you can directly distinguish the 1m
and 5m liquidity levels on the chart.
Set ATR to 0.35 for stop loss determination.

Checklist
Entry Criteria
Wait for the 9:30 EST NY market open. Never place a trade before 9:30.
Look if one of the candles after 9:30 is intersecting with 1m or 5m liquidity levels.
Long trades: enter when price breaks and closes above a line on the #itsimpossible
indicator.
Short trades: enter when price breaks and closes below a line.

Points of attention
➔ Consider re-entering if stopped out if the subsequent candle meets the entry criteria.
➔ If you're looking to go long, but the price closes just below a liquidity line and the
next candle closes above it, this can be seen as a wick on a higher timeframe. In such
cases, you can also enter if the risk-reward ratio is still good enough.
➔ If there's high impact news at 10:00 EST, anticipate a Judas Swing at 10:00.

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Stop Loss
Place stop loss at the point indicated by the ‘.’ from the ATR, near the 'X' marking of
the indicator.

Take Profit
Put the take profit at the first opposite 5m liquidity level on the indicator.
➔ Experienced traders may consider 2 to 2.5 standard deviation levels or strong POIs
for exit, like previous session high/lows, PDH/PDL et cetera.

Risk Management
Risk a maximum of 0.5% of your account per trade.

Backtesting and Adjustments


This strategy is based on my personal Judas Swing strategy with very good results, but I
haven't done much backtesting yet. So I challenge the community to backtest, share
results, and collaborate to explore how we can further improve this strategy.

x.com/heddatrades
Discord hedda_trades
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