The OFFICIAL 10am Trading Guide

Hello and welcome back to a highly requested video, the official 10 a.m. guide. The video you guys have been waiting for. Um, funny enough, I actually made a video on this um last year, I think, if I'm not mistaken. But it's not called the 10 a.m. Guide, so no one watched it. All right. Um, ignore the car jack. It's just sometimes the cars get jacked. Um, new mic. Hopefully this sounds good. Shout out my girlfriend for getting me this. Um, looks very professional. So, I'm not going to [ __ ] around. Let's get straight into it and look at some charts. I'm going to make myself smaller. There we go. So, first of all, we are going to go over the whole concept of 10 a.m. why it works and how it works. and the framework behind it. Right? So on this chart in front of me right now, I have the 4hour candle of this specific setup. Right? So I'm just going to go ahead and start marking out the terminology for this. So this is the candle open, right? This is the candle high. This is important, so pay attention. For most of you guys probably know this already, but I'm trying to make like pretty much a beginner's guide. If I had to do everything from scratch, I would want someone to explain this to me like this. So, obviously, this 4hour candle hasn't closed, but this is what the closing price would be if it closed right there. So, this is how a 4hour candle open works. is how any candle open works. This particular scenario is an open high low close. Okay. The opposite scenario obviously would be an open low high close. In this scenario, by the way, for the record, this is 100. I've cherrypicked this setup because it is so clean. Like if I if I were to draw a setup with my hands, I would draw this exact setup because it's so clean. Obviously, it's hindsight cherry picked. I don't want any of those comments. This is just a good setup, clean, just to make you guys um make it easier to visualize and explain. So, yeah, this is this is the whole uh idea behind a 10 a.m. the 10 a.m. strategy, right? It is the open high, low, close, open, low, high, close. You guys have probably heard of that before. This is what that means. So, what what does this mean? Let's start there. So, when the 4hour candle opens at 10:00 a.m., right? 10 a.m. becomes the opening. So, this is we would label this 10:00 a.m. And mine is usually yellow, so I'll put it in yellow. When the 10 a.m. opens, we want to see either price manipulate to the upside, which makes us bearish. We want to see price come down below close below the opening price of 10 a.m. retest it and then continue for shorts. If we are bullish biased, we want 10 a.m. to open go straight down manipulate down right and distribute to the upside retest and redistribute. So open low high whatever comes after open, we want to look for the opposite, right? And sometimes when we have a really strong external drawn liquidity, even though 10 a.m. opens to the upside and just manipulates up, we might want to see a manipulation down and distribution up even though it manipulated up in the first place because that draw liquidity is so strong. If that didn't make sense, it'll probably make sense when I start explaining it with the live candlesticks. So hopefully that made sense with the open low high close. I will delete that those drawings now and then we can get into actually looking at price action. Right? So whenever you go into a new day obviously you guys if you've watched my videos you know my concepts the key opens the the draws on liquidity all that stuff what I use blah blah blah. Um, so I'm not going to go over that in this video. This is going to be strictly 10 a.m. I'm going to make it as simple as possible so that you guys can use it. What do we look for? We scale out in time frames and we look for the closest target, the strongest closest drawn liquidity. Right here we have two lows right here, which we are really close to when we open at 10 a.m. at in this particular scenario. So it would be very natural for us to use this as the next draw liquidity. Right? If you look at price, it is strongly gravitating towards those lows at market open. Market opens, Judas swing to the upside immediately flips, turns to the downside. Open, low, high, close open high low close. Essentially the same with market open, right? The first thing that market open does, you usually want to look for the opposite to happen later. So if market pumps up, find a bearish drawn liquidity and anticipate that to be the target. So let's scale back down into the one minute time frame and let's watch this 10 a.m. open with the next candle. So this is how I play this, right? This is a setup that I took in real time back when it played out. So I'll delete some of these drawings just to make it cleaner. 10 a.m. opens. First thing we do is we mark out the opening price. This yellow line. Okay, that's the 10 a.m. opening price. I will write it 10 a.m. open. Okay, good. Now, we want to look for a PDA, which is a a gap, an order block, a high that we can sweep, right? This high if I remember correctly was also a gap on one of the time frame. Yeah, it was a three minute gap and then also this is inside of a fivem minute gap. So this is perfect, right? 10 a.m. opens. We wait for it. There we go. We manipulate straight up. Why is this good? This leaves us with no bottom wick. When I say no, this is two points of bottom wick. That is equal to no bottom wick. I don't care about a twopoint manipulation. That's not a manipulation. All right. So, we manipulate straight up, which is really good because that really um cements our bearish bias, right? There's no manipulation to the downside, which means that we can easily just anticipate the this move to the upside to be the manipulation. Now, we want to catch the distribution. So, the distribution should be to the downside right? Now, I'm just going to play this nice and slow. Um, not everyone is a 10 a.m. veteran, so we're just going to go through it. Now, what we want to see, we want to see some candle closures below 10:00 a.m. for us to actually catch the retest down to these lows, right? One candle close, two candle close. Good. Now, when this happens, also worth noting, you also usually want to look at like not only the one, but one, three, and five. My favorites are like one and five. Um, pay attention to the candle closures. This example is really good because the 10:05 5m minute candle closes below the 10:00 a.m. opening price, which makes this a good change in state of delivery, order block, whatever you want to call it. I don't care what type of terminology you're on. Don't fight over it in the comments. Nobody gives a [ __ ] Um, that's what this is. Okay, we close below this bullish candle, essentially switching um market structure to the downside. All right, that's on the five-minute chart. And then on the one minute chart, we get two candle closures below. Okay, great. Literally picture perfect. So long so far. Sorry. We place our limit at 10:00 a.m. when it is natural to do so. Now, another thing is stop-loss placement. Very, very, very important, right? How do we place a stop-loss right here? Placing a stop loss is very hard because we are relatively volatile. This little move to the downside here is 130 points, although it may not look like it. So, your stop-loss size is always going to be subjective to volatility, right? You can't always just use a 10point stop, a 15-point stop. back in like 2024 when we were less volatile. Sure. Um I got away with 10point stops very often. 15 point stops were really really consistent. We're good. But sometimes we are really volatile. So a 10point 15 point stop you're basically just giving money to the market. Don't do that. All right. We want to have a stop loss that actually protects our position. Okay. So for this when we don't really have a high to go off of, what I like to do is I like to use the fib, right? How can we protect our stop loss? Now, in this case, protecting our stop loss by putting it above 0.5 is 35 points. That's a lot. If you want to target this first low down here, you're only getting a 1 to 2.7. Not good. Um, I like to go for at least one to fives. So, you could do a stop-loss purely based off of your risk-to-reward, right? Where is your target? Where is your drawn liquidity? Okay, my target is 100 points away. Which means that I can afford to put a you'll see it right here. This is a 1 to5. I can afford to put a 20 point stop loss. Okay. Now, 20 points in this volatility right here, it's not a lot. It's um I would say it's it's minimum because 15 you would you would have to you would have to be certain that price is literally going to tick 10:00 a.m. and then turn around. Does it do that very often? Yes. Um but do we want to leave some room for price to [ __ ] around? Yes. The other option would be to use an entry trigger. An entry trigger is a uh lower time frame rejection block that taps the level and then rejects. Obviously, I don't think we get that here. If I remember correctly, I think price literally just taps into 10 a.m. and right. So, let's let's imagine that we waited for the rejection block, right? I'm going to delete this. This would be your entry. If you didn't take this 10 a.m. entry, right, the one that I had marked, this would be your entry. The good thing about rejection block entries is that it gives you a good invalidation point because it gives you a high that you can go off of. Um so that's the benefit of um entry triggers, rejection box. The downside is exactly what happened here. You get left behind. So initially right this is the short that we wanted put our stop put RTP this is the short that we wanted this is a limit order right candle closes below twice we get the fiveminute candle close makes an order block blah blah blah we put a limit order if you were to wait for the rejection block, you would have gotten left behind, which is unfortunate and sometimes it leads people to tilting blah blah blah. So, it's really personal preference whether you want to wait for entry triggers, which are stronger trades, more confirmation, less likelihood of it going to your stop-loss. You get a better invalidation point most often. But yeah, this, as I said, is a picture perfect setup. So, you know what you can do when you trade high R? You can do both. That's usually what I do. I usually just if the limit order looks really good and it's high quality, I will do that. If it fails, so what? I will take the entry trigger and um hopefully catch a win. If I take two losses in a row in a day, I'll get off. Don't really care, right? This setup has been weirdly consistent over the past like this this year. Um, and last year also it's been really consistent and like weirdly so. Like it's been I don't even know how to describe it, bro. I've had u coders like asking me to code a 10 a.m. bot because they've back tested it, done like [ __ ] whatever quants do and they're like this is this is weirdly high performing. And so I don't I'm not a genius. I just this originally I started trading key opens. My first key open was the midnight open, right? Which kind of works similarly but on the daily chart more so. Um the 10 a.m. it's a 4hour open high low close. You got time framework, you got price framework, you got everything just in one setup. That's why I like it. Anyways, that's enough yapping. So, holy [ __ ] But yeah, um this is the foundation of 10 a.m., right? This is roughly what you want to be looking for. Not every day is going to look like this. All right? Not even close. They look very Sometimes they look completely different. Sometimes you have to completely disregard the first entries because it's just not clean. Let's take for example today. Let me delete everything and exit here. Leave. I had to make a I had to make a video about this today and post it because today was um today was really bad, but it was also very very easy to anticipate. So, let me mark the 10 a.m. from today. It's right there. Now, does this look good to you guys? Actually, let's go into replay because that's the only way you would actually see it right here off the bat. I'm going to bring ES into this as well. Oh, ES is not in replay mode, but we'll do um wait there. This is when 10 a.m. opened today on ES and this is on ENQ. So, I've made a video about this before as well, but I I I don't think it's uh it's not really exciting or sexy, so people just don't watch it. I think it's named um knowing when not to trade or stop getting manipulated or something like that. There's really four main things that you want to look for when you go into a trading day. So most of you guys, I'm assuming you trade New York AM session, right? Things that you want to be looking for when you do that. If the previous session expanded a lot, you usually want to be careful with New York AM session before because the sessions usually move in a accumulation manipulation distribution pattern. So if the previous session distributed what's next accumulation and here it's kind of hard to spot, right? Uh if we play this obviously already here you can tell that this is like this is chop. This is accumulation. We don't want to be taking entries in this. Now the first valid entry today was this. And you guys can probably notice that it looks very similar to the setup that we went over in replay mode. And the reason this is good is because it manipulates straight up. We have wait let me actually mark these. These are not perfectly equal but they are almost equal lows. Uh it got swept by one point apparently which is kind of gy but it's fine. Um so yeah you can see right there that's the low that we would be aiming for. Also this looks like a market maker cell model. Looks relatively good right. So that would have been the first entry. So you you would have limit ordered this and this would have either gotten break even or stop loss depending on how you played it. Again, how big of a stop-loss can we have to maintain a one to five? I don't always do one to five, guys. It's just that's what I do with my um my biggest stack of accounts because that's just been really consistent. Um, with with accounts with no consistency rule, you can go crazy and do 1 to 10, 1 to 20 RR. Yesterday, I did a 1 to 17. It was pretty crazy, but that account didn't have a consistency rule, so that's that's different. Anyways, looking at this low, I'm not going to go too much into depth on this, but we can go over this as well as a as a failing setup. It's also good to have u have knowledge about what a failing setup will look like. So, this low right is from 953. We're going to go ahead and mark that same low on ES. Oops, that's not a low at all. There we go. That is the low on ES, the 953 low. Now, 957 right there. As you can see already here, we got a bullish SMT. Should we be shorting a bullish SMT? Probably not. But we got daily equal lows. So, what is a little one minute SMT, you know? Okay, that is on there. Good. Next candle, boom, you get tapped in. And then what happens? The 957 candle. So, I'm going to move this up here. Now, get swept on NQ. Right. The 953 candle. This this is also a really good indication of whether price action is going to be bad is if there's really poor correlation which there is here. ES is straight dump and Q is straight chop. Okay, that's another thing. So today we had two reasons not to trade. First of all, London and Asia expanded like 700 points, some crazy [ __ ] And we're not correlating off open. Two reasons not to trade, right? Anyways, here we also get a big SMT, right? NQ is literally just refusing to take lows while ES is just melting through them. So, here you got the option to go either break even when you see this SMT just to be safe or if you have this as your hard break even point, you would have gotten stopped out. Okay, good. Now, let's go over the next setup today. Today is probably a day where people had questions, but at the same time, probably not because it's just straight chop. Yeah, let's go over this. What is the next valid setup, right? Maybe shorts aren't the move. So here do we short here? No. Do we long here? No. Why? Let's look at this. Is this looking like a high probability trading setup? No. Why not? This is straight accumulation. We are just accumulating right now. This there's nothing to do here. I've This is actually a sore topic. See, I've gotten burned so many times trading this kind of price action, bro. Because I get blind to the fact that we are actually just in a range, but I keep seeing, oh, fair value gap. Oh, we inverse that. Oh, there's an order block. Oh, there's a key open. Oh, the fib. But the fib uh it's like nothing is going to matter when price is accumulating like this. Nothing. It's going to it's going to run through everything. All right. So, if I have a tip, get better at identifying those kinds of scenarios and these kinds of um price action scenarios. Yeah. First valid setup in my opinion for longs today would be this where we actually sweep out the low of the range. Prior to that, nothing had gotten swept out. We left equal highs right here. Nice target, right? So the first long would be this, right? We have an inverse for value gap here. Blah blah blah. Uh we got the key open right there. So the limit would be set. So that would be your break even. Probably wouldn't be your TP because it's really close. TP probably be further up, right? At least that's that was my original idea when I was looking at this. So yeah, your limit order would go on when this candle closed, right? We got two candle closures about above 10 a.m. Great limit order that price goes straight for the equal lows. Sorry, equal highs. Boom. we move it to break even and we get break even. If you continued to trade after that today, I'm sorry, but it's not a good idea cuz we did this the whole day. This was just straight slop. So, hopefully you guys didn't get burnt today. Too bad. Um, but yeah, this is this is a very this is a very difficult thing to get off the chart, especially after you take a loss or you take two losses. It's not easy to pull away from the chart because you want to make that back, right? This too is just [ __ ] infuriating. This is this is just straight rage bait. So Oh, bro. I remember the the worst the worst crash out days. Holy [ __ ] I just got a PTSD. I almost had a tear. The worst days, my worst crash out days where I would, you know, that clip where I smashed my MacBook. It was one of [ __ ] one of these [ __ ] days where just every entry got absolutely wrecked and I I was so angry, bro. Holy [ __ ] I was so angry. Um but yeah, anyways, the the four the four um the four ways of telling that price action is going to be bad. One, previous session expands a lot. Two, no correlation. Three, before red folder news such as CPI, PPI, and NFP. Those are the three worst to be trading before. Whenever you got those news at 8:30, for the love of God, wait until they are released and then trade later. Do not trade before that because it's going to be it's going to be straight manipulation. is going to be slow and it's just going to it's going to sweep every high and low. It's going to be messy. Don't do that. And then also whenever there's FOMC in PM session, AM session usually is really really ass. So really ass. Don't do that. Um obviously you I'm I can't tell you what to do. If you got um a stack of accounts that you want to be really risky with, go for it. trade every single day, every single hour, I don't care. It's just cons my observations is it's not going to be really consistent. So, it's probably going to lead to more crash outs and more accounts blown than payouts submitted. Just a friendly friendly reminder. So, yeah. Um this is uh that was a lot of yapping. This is um a lot to take in. So, watch it twice, three times if you're not familiar with this already. Uh, I just keep seeing people kind of trade 10 a.m. too mechanically, which it shouldn't be. You should have a bias and you should watch where do we manipulate into and what's going to be the distribution and all this stuff. The reason that I like it, it's timed. You got a framework around everything. If you're uncertain of where price is moving, trade the 10 a.m. manipulation distribution. That's why I like it. So, um, yeah, hopefully you guys have been doing good submitting payouts. I know some of you have because you keep spamming me with that on TikTok and Discord. So, that makes me really happy. That's really good. Other than that, stay consistent. Um, I have people coming up to me all the time, like in real life, asking for advice, and I keep saying the same thing. Slow is smooth and smooth is fast. Um, I have friends as well that just blow accounts um, faster than I thought was even possible. And that's pretty much what I tell them. Um, also a thing for some of you that have jobs and you have like stable incomes, some of you have it too good to the point where you don't care about the EVA fee because it's so cheap, right? But trust me, that [ __ ] adds up. So, even though you're well off, right, you have a job, maybe you get stable income, you you don't really have that struggle, um, please be mindful of your eval spending and all this stuff because it really does add up. especially if you're not getting the payouts. Um, don't gamble evals if you're not getting payouts. Treat the evals as if it was a funded account. Good. Now, um, that was a lot of of yapping. Um, the 10 a.m. bot that I was talking about, I'm probably going to look more into that. I got to test it myself just to make sure that it's not some [ __ ] And um yeah, I mean, let me get let me know if you guys want want a release of a 10 a.m. bot. I've never never dabbled in bots or indicators or really any of that. So, it would have to be something really really good. It would have to have a certain level of discretion, which I'm sure they were able to code. Um AI and all this [ __ ] is crazy nowadays. Can't even keep up. But, um yeah, I enjoy posting for free. I've done it more and more just because of the results that you guys have been seeing and I don't want everything to be behind a pay wall. That's kind of g my opinion. I hope I can say that word on YouTube [ __ ] But yeah, really enjoy when you guys get payouts and you post it and tag me. So yeah, if you want to support me or whatever, uh, use code Powell on Apex and Lucid and that stuff. [snorts] Apex 90% off. Lucid is, uh, 40 right now on the daily accounts, which are pretty nice. By the way, uh, also I do giveaways every week in the Discord, so in the free Discord. So if you haven't joined that, then for sure go join that. I try to get as many accounts as possible from these firms to give away um to everyone um the free community, you know, uh really grateful that you guys watch my stuff. There's a lot of people and a lot of opportunities that I wouldn't have if I didn't have a social media platform. So, thank you. Um, other than that, stay safe. Don't be stupid with your money. And, um, yeah, slow is smooth, smooth is fast. Time is going to pass anyways. And it passes [ __ ] quick. So, stop thinking you got no time. Um, time passes. So, if you have a bad week, a bad day, literally doesn't matter at all whatsoever. All right? Trust me. I made the mistake of of rushing to make back losses or whatever. Um, and it just didn't matter whatsoever in the long run. And that's also what I tell my friends like if you have a bad week or you spend an eval week on an eval, it doesn't matter. Like they're scared to spend time on eval because there's no real money. It's like you're trying to learn the [ __ ] skill. You have to learn the skill to make the money. So yeah. Um, it's not a hard concept to understand, but it's really hard to apply it when it comes to money because you're so attached to it, right? But yeah, as homework, please, please exercise being better at just pulling yourself away from the chart at times because uh yeah, it it's going to be really destructive if you can't do that. It is like gambling. It's like sitting at the casino doing slots. So, roulette. All right. It's um if you don't have a framework, that's literally what you're doing. You're you're at the casino. I think that was all that I wanted to say. So, um yeah, thank you guys for watching. Hopefully, this was helpful. And, uh let me know if there's any videos that you guys want to see. Um technical was like the most requested video, so here we are. Good. Have a good weekend.