About
In the "RichTheBull Masterclass April 7th 2024" video, Rich Theu is introduced as a precise trader known for his unmatched executions. The webinar focuses on the use of Order Flow (OT) in trading, with Rich planning to clarify its concept by discussing how market makers hedge their positions and create opportunities for traders. He emphasizes the importance of reaching OT, even if wrong in bias, as it has a high probability of being hit. The speaker also discusses the significance of the 50% level as a pivot point and using OT as an entry and target. Rich shares his strategy for utilizing equilibrium in trading, specifically in the context of the One Touch (OT) strategy, and the importance of understanding technical analysis concepts, such as fair value gaps. The speaker also clarifies misunderstandings around concepts like mitigation blocks and market movements being driven by pre-programmed algorithms rather than human buying and selling pressure. He advises traders to only enter a trade when the candle opens low and discusses concepts like Gates down, Smart Money Time (SMT), and expansion candles.
