5 Minute Scalping Strategy (1 Trade Per Day) — Transcript

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1. 0:00I'm going to show you a very simple five
2. 0:01minute scalping strategy that managed to
3. 0:03get 18.2% in the last 30 days having
4. 0:06proper risk management 1% and 2% and the
5. 0:09best part is you only have to trade once
6. 0:11a day let's jump right into it here's
7. 0:13the first win of the strategy and here
8. 0:14are the indicators that you need to have
9. 0:16on your chart click the indicators Tab
10. 0:17and type in ttf smmc toolkit it'll be
11. 0:20the first one right here by the trade
12. 0:21floor it's a free indicator the next
13. 0:23indicator is called happy trail also by
14. 0:25the trade floor this indicator is paid
15. 0:27for this indicator you will use the
16. 0:29default settings for those of you that
17. 0:30have the trading view free version and
18. 0:32you're limited to two indicators this is
19. 0:34technically all you need but to make my
20. 0:36life easier I add a few more I like
21. 0:37smoothed moving averages it's just my
22. 0:39preference and it's what I'm using for
23. 0:41this strategy I have my moving average
24. 0:43set to 200 and red the other thing that
25. 0:45I like to add onto my charts because it
26. 0:47just makes my life easier is an
27. 0:48indicator called the ICT New York open
28. 0:51midnight line all it does is create a
29. 0:52vertical line at midnight and New York
30. 0:55time as you can see right here so we're
31. 0:57starting on February 29th okay so the
32. 0:59rules for entry for a buy position you
33. 1:01need to be above the New York open price
34. 1:03which is this yellow horizontal line
35. 1:05that's from the free indicator the ttf
36. 1:07SMC toolkit you need to be above the 200
37. 1:10smooth moving average and it needs to be
38. 1:12during or after the London session and
39. 1:14all you're waiting for is a smiley face
40. 1:16to print below the candle for a buy
41. 1:18position or above the candle for a sell
42. 1:21position so as we can see in this first
43. 1:23example this yellow line is the New York
44. 1:25open price we are currently above it we
45. 1:27are above the 200 smooth moving average
46. 1:30and it is during the London session
47. 1:32which is shown in the ttf SMC toolkit I
48. 1:34have it only showing me New York session
49. 1:37and London session these are my settings
50. 1:39we enter in a long position we have our
51. 1:41stop loss at the end of the candle and
52. 1:43we're shooting for a 1 to2 risk to
53. 1:44reward ratio first trades a winner we
54. 1:46did not meet our requirements on this
55. 1:48day price was trading below the New York
56. 1:51open and above the 200 smooth moving
57. 1:54average so this is a no trading day
58. 1:56here's an example of a short position I
59. 1:57want the entire candle to be below the
60. 2:00200 smooth moving average I don't want
61. 2:02it crossing over I don't like crossovers
62. 2:05whole candle below the moving average
63. 2:07below the New York open price enter in a
64. 2:10short position stop loss at the end of
65. 2:11the candle going for a 1 to2 risk to
66. 2:13reward ratio another win this right here
67. 2:16is the London session this is the New
68. 2:17York open price price started to go up
69. 2:20above the 200 and above the New York
70. 2:23open we got our entry candle over here
71. 2:25just before the New York session started
72. 2:27stop loss below the candle 1 to two risk
73. 2:29to reward next position candle closed
74. 2:32above the New York open and above the
75. 2:34200 smooth moving average price was
76. 2:36trading sideways as you can clearly see
77. 2:38this one was a loss but because we are
78. 2:40sticking to strict rules we are not
79. 2:42having any other thoughts besides these
80. 2:44rules these are the rules this was the
81. 2:46entry it was a loss each time you see
82. 2:48this vertical line it's the next day so
83. 2:50we are trading once per day no smiley
84. 2:53faces during London session got one
85. 2:55right here meets all of our requirements
86. 2:57above the open above the 200 going for a
87. 3:001 to two and not every day is going to
88. 3:01be a trading day sometimes you're below
89. 3:03the New York open and above the 200 not
90. 3:05a great day to trade next example below
91. 3:07the 200 below the New York open smiley
92. 3:10face above the candle stop loss at the
93. 3:12top of the candle one to two risk to
94. 3:14reward this goes on and on and on one
95. 3:18trade per day some days are no trading
96. 3:21days because your requirements are not
97. 3:22met because you should be systematic
98. 3:24with your trading some days are winners
99. 3:26some days are losers some are small
100. 3:29trades some some are long trades some
101. 3:31days really suck where it gets close to
102. 3:32your takeprofit and hits your stop loss
103. 3:34but overall that is the strategy
104. 3:36currently on today if a candle closes
105. 3:38above this line with a smiley face below
106. 3:41it I'm going to take a long position but
107. 3:43as you can see over the last month we
108. 3:45had a win rate of
109. 3:4668.75% getting us
110. 3:4818.24% profit and on a $200,000 account
111. 3:52that's $
112. 3:5336,4 180 a total of 16 trades so of the
113. 3:5720 trading days that exist per month you
114. 4:00only didn't trade four days profit
115. 4:02factor of 4.4 which is absolutely
116. 4:04amazing three consecutive wins two
117. 4:06consecutive losses and a Max draw down
118. 4:08of 2% if you guys like this strategy and
119. 4:10you want access to the happy trail
120. 4:12indicator just click the first link in
121. 4:13the description that'll take you to the
122. 4:15trading floor there you will get access
123. 4:17to the indicator and also the education
124. 4:19center where you can learn absolutely
125. 4:21everything there is to know about day
126. 4:23trading in a stepbystep guided process
127. 4:26you also get access to the Discord
128. 4:27Community where you can talk with other
129. 4:29people that are trading this exact same
130. 4:31strategy as you thanks so much for
131. 4:32watching and we'll see you in the next
132. 4:33one