TIMESTAMPS
00:48 – UTILITY
Severin Scalping Strategy is mainly used in the stock market, although it is also applicable to the cryptocurrency and FOREX markets. By integrating all available resources from the CC website, you can customize a trading approach that aligns with your own personal style and preferences. Rather than focusing on pre-setting levels, this strategy places emphasis on analyzing the corresponding reaction to them, enabling traders to identify appropriate entry points at each level.
It is a strategy that utilizes Order Flow (ExoCharts) to make informed decisions and distinguishes between 3 entry types:
This series will begin by introducing the foundation of the strategy, which lies in the ExoCharts Workspace. We will then outline the approach for formulating a daily plan and provide detailed examples of how to utilize it effectively for each entry type.
02:11 – IMPLEMENTATION
The ExoCharts Workspace has been customized in grid form, showing main scalping assets by default and day-trading assets on demand.
Horizontally, the interface distinguishes between market context in the upper part and execution in the lower part.
Vertically, the workspace differs by asset, in this case ES & NQ.
02:50 – EXAMPLE 1
Right Screen Layout:
The upper tab shows the daily Volume Profile, including tPOCs, vPOCs and SPs, which provide context.
Below, the Order Flow tab allows one to identify and execute on precise entries.
Left Screen Layout:
The same logic applies. The upper portion displays the session POCs and TPO Profile and the lower section contains a customized CCTR template for precise entries.
03:43 – IMPLEMENTATION CON’T
The workspace is configured to provide a clear and uncluttered view of market information, which is most important for a solid trading strategy.
Disabling the Marker Levels allows one to focus solely on the levels of interest for trading, preventing analysis paralysis and enabling one to make informed trading decisions.
04:10– EXAMPLE 2
Developing and Previous Day's Volume Profile template:
VAH & VAL (dotted line)
tPOC (grey line)
vPOC (yellow line)
Singe Prints (blue line)
Volume Cluster Nodes
This is the main template used to formulate a Daily Trading Plan and react to the most recent price action.
05:26 – EXAMPLE 3
Order Flow template using a Delta Ladder Profile:
Identify high liquidity areas
Monitor strength & follow through
Foot Bar Print Statistics (FBPS)
Cumulative Volume Delta (CVD)
Developing day Volume Profile (left)
Volume Weighted Average Price (VWAP)
Depth of Market (DOM)
This template allows one to monitor all incoming orders while the Delta Ladder Profile highlights large orders, enabling one to react to changing market conditions quickly and precisely.
06:37 – EXAMPLE 4
Igor Session Template (based on volume):
Session vPOC (white line)
Session tPOC (gold line)
Monitor strength & follow through
Developing day Volume Profile (right)
Previous session POC backtests (in a trending market) and the first touch of a naked session POC (in a ranging market) are great levels to trade.
07:29 – EXAMPLE 5
CCTR Template including Sessions:
Identify precise scalp entries
Spot LTF reversals
Developing day Volume Profile (left)
See daily Value Area and Nodes
The CCTR template enables you to make sniper entries on the low time frames and is helpful to capitalize on the trend.
08:13 – TIPS & TRICKS
★ To fully benefit from this strategy, it is recommended that you complete all available courses on the CC website and that you have proficiency in reading Order Flow.
★ This Workspace can be customized to your individual needs and preferences for the primary assets you are trading.
★ ExoCharts requires a data feed subscription to access real-time market data for the CME markets (dxfeed).
★ There is a set of guidelines for setting up ExoCharts specifically for the CME markets that is pinned in Coach Severin’s trading channel.
★ The download for the ExoCharts Workspace shown in this module can be found in the CC website Vault.