Day Trading Methodology - The Barkworthy Notes

Barky’s Diagonal Entry Model

To day trade successfully, you need one reliable strategy to control risk and consistently gain or 10-20 points per setup (day trading $NQ_F – on $ES_F this is the equivalent of 4-5 points), regardless of higher timeframe action.

Barky’s Diagonal Entry Model Delivers This

Price action is binary, continuously fluctuating upward or downward while progressing sideways over time. This process creates pivots that we recognise as higher highs, lower highs, higher lows, or lower lows and allows us to recognise contraction and expansion. The Diagonal Entry Model integrates EMA9 rejection with straightforward Diagonals to filter out market noise and identify precise, risk-informed entry points for trend continuation or reversals.

Two Stages

A new trend always starts with a reversal. The model recognises failed continuation for the early reversal entry, and when price arrives at the first target, partial profits are taken in anticipation of acceptance (continuation) or rejection (another reversal).

The illustration below demonstrates this concept. Sellers looked below level #3 after making a lower low and a lower high, then continuation failed, producing an early reversal entry through the Trend Control Diagonal, allowing for partial profits as resistance level #2 was tested. Price then went on to make a higher low as it backtested level #3 and gave the continuation entry to add back full position and participate in a push to test level #1.

This exact strategy repeats itself over time, and sets up identically on all timeframes.

Where to Start

Subscribe to Substack to receive daily Three-Level Trade Plans for S&P 500 and Nasdaq 100 futures, delivering the three critical hourly levels for the upcoming session, as shown in the image above. A Substack subscription also grants access to Barky’s trading course, which breaks down the entry model into simple steps, enabling you to start trading almost immediately.

The Substack newsletter and trading course services are further enhanced by an active Discord community where Barky and team mates share real-time trade setups, including plans, entries, and stops. The point with this community is to teach members how they can identify and execute trades without the benefit of hind sight.