Squeeze Breakout Trading System

Hey everyone thought I'd share my trading strategy I use for equities and futures. First post will be on equities as it is a bit different than my futures strategy. With futures I trade all sorts of commodities/currencies, gold/oil on news days after news release, and trade ES mostly everyday. But this chart setup works very well on futures as well, so even though this first post is on stocks, I'll supply my Thinkorswim chart/indicator template if you want to try it out.

Equities

Watchlist is comprised of the prior days post market gainers/losers and well as current days premarket gainers/losers. Both % gain/loss and $ gain/loss. I scan the news looking for upgrades and downgrades from the major players, along with big price target upgrades/downgrades and put those on watch as well. I will go into this more in depth as there's quite a bit to it, such as reading analyst reports, keywords, forward guidance, etc.

Chart setup

I use a 1 minute chart, I have a 3/5/15 up as well later in the day. TTM Squeeze (pro) and Squeeze Candles that color the bars blue when in a squeeze. I have hi/lo swing (marks prior swing hi/lows automatically) as well as Vwap and some moving averages. Generally I take trades in the direction of the intraday trend, but when something is way down on an over-reaction I'll look for longs, or vice versa. I wait for the stock to be in a squeeze and take the brake of the swing hi for longs, swing lo for shorts, or a nice triangle/wedge pattern. I've been using this system for many years, and have chart examples from back then, they are the same setups over and over again. When I started this helped me be patient, have a set entry criteria, and a set risk criteria. Although nowadays I take trades that aren't in squeezes at times, a high percent of my trades are still out of squeezes. Below are some chart examples and live pnl examples (winners and losers). Some of these charts are from prior years, I've changed the color of the bars from time to time, so if you see orange, or pink colored bars for example, those are squeeze candles. I have thousands of charts on my computer from over the years, I will keep uploading them as well as current setups/trades.

TOS Chart template --> http://tos.mx/!GCUzNhZC

Some losers too, typical week, PDD didn't stop out when I should have. Wanted to show they aren't all winners, but keep that stop at prior swing hi/lo or prior candle if you like it tight, and don't move it. This system works very well for me. High win rate, great risk to reward. One thing I need to work on is to trail some as I miss out on some big big moves. These are various charts/trades from the past couple of years, on my laptop I have stuff from like 10 years ago I can post to show the setups stayed the same. Sorry for the scrambled post, my images are not organized on my computers and have just so many screen shots. But it will show these setups occur over and over and over again, and has worked for over a decade for me. The market expands and contracts, expands and contracts, expands and contracts. I find moving stocks that have a brief period of consolidation, and trade out of that. Same thing with futures.

Hi Scalptradr87

Nice to see other traders also trading Squeeze’s on future programs. I am looking forward to seeing where you are taking this thread. Great charts

Cheers

My sentiments as well!

Like the charts Scalptrdr, pretty similar to my approach but I use retested volume weighted support and resistance zones in confluence with a squeeze to indentify breakout opportunities.

Good luck!

Thanks man I'll check out your thread, maybe can take some nuggets with the rested volume weighted support/resistance zones.

I've seen some of your posts, love it!

Good luck with the thread will be checking it out.

SLXN win and NXT small loss, they don't all work out. Traded oil today after inventory release. I transferred my AMP Futures account out to invest in LTCN/BCHG crypto for the altcoin season, so started a Topstep account the other day to get funded. So those trades are not live yet. That second to last CL trade was a 15 min/5 min squeeze, should have trailed that one, those usually go pretty big after inventory. Hopefully can get funded pretty fast there.

Massive day in TopStep today, I met the profit target, however with just a few trading days these last 2 were so big that it says I need to make more as my lowest winning day is less than 50% of the last 2. That's fine. Natural Gas inventories today. Inventory release then took squeeze trades. Charts below. This is how I trade the news in futures. I also traded YM in that account , had a great day. Posted that chart in rockytrades thread, will cover that stuff more once this Topstep account is live. Just wanted to detal the news trades. I'll go over what releases and what products for those releases.

Just a word of caution. NG will steal your wife, so be very careful. Also lots of slippage. They don't call it the widowmaker for now reason.

another Oil inventory day, 2 nice trades post release. 2nd trade was a break of inventory release low. Took these trades in Topstep combine and in APEX PA Account. Passed an APEX account in 1 day and this is day 2 of PA ... going well so far. +$639.

NG inventories today, candle highlighted, arrows are trades. Passed TST and moved to XFA, Apex day 3 PA account going well. +$1,200. 7 more days and i can request a payout, but i'll only request a small one as I want to build a cushion, then get more funded accounts and copy trades. YM trades as well.

Gold Non_Farm Payrolls, beautiful action today, first trade fake out, then went the other way. Notice the 5 min squeeze. Bang bang.

My eyes feel fine, but I can understand it can get to be a lot on the chart. Can take away a few of those indicators and just have squeeze under the chart, and vwap/moving averages and it cleans it up nicely. Whatever works for ya.

Another week, another great oil inventory. Crap my bad it's a holiday week, inventory is tomorrow ... but today it moved at inventory time and the entire time I thought they hit LOL. Funny, nice PA . Lets do it again tomorrow.

Massive day. First traded GC after unemployment claims. Took the breakout of the news candle, trail stopped out and then it broke the other direction so I took the trade short. Missed a nice squeeze long after the drop, and a nice 5min squeeze later in the day. Then traded NG inventory, not the smoothest PA, but worked out well. Lastly traded CL inventory, my bread and butter, missed a couple trades (lots to watch), but nailed it. The last short at the end was massive. I was so focused on these, I missed all my YM setups, which would have been a MASSIVE day, just was a lot to watch and a lot going on. Still crushed it. YM was a fk'n beauty today, but sometimes just need another head on my shoulders and two more arms lol.

Another week another #oil inventory. Took 1 trade in Topstep and Apex , nailed it. 2nd pic is of a setup later but I was happy for the day. Time to get more accounts to copy trade and go ape shit. News release, consolidation, take breakouts. Slippage is real tho sometimes.

Trying to find this indicator on Tradingview. Ive found a few that resemble it, but the user input settings dont seem to match

I am using it on gold exclusively and it is working perfectly with 65% win as of now.