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BEST Gold Scalping Strategy (Beginner to PRO) — Transcript

by The Trading Geek · 5,776 words · 815 segments · language en · Watch on YouTube

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0:00Last month I made 566k
0:02trading gold. In this video, I'm going
0:05to show you exactly how I trade gold,
0:08how I find my entries, how I decide
0:10where to take profit, and I'll break
0:12down the two live trades that made me
0:14that profit. Now, this is not theory.
0:17These trades were documented live on my
0:19second channel, Brad Trades. And later
0:22in this video, I will show you exactly
0:23what I saw before entering, where I
0:26place my stop loss and take profit, and
0:29why. Now, for those of you who are new
0:30here, name is Brad Gold. I've been
0:32trading for nearly 7 years, and I
0:34document every single trade on my second
0:36channel, Brad Trades. I'm the founder of
0:381% Club, a trading mentorship program
0:40that has helped hundreds of students
0:42become funded traders. And I'm also the
0:44founder of Edge Flow, a discipline-first
0:46trading platform that helps you plan,
0:49execute, journal, and review your trades
0:52with proper guardrails and performance
0:54tracking. So, I don't want your money. I
0:56want you to become a better trader. With
0:59that being said, let's get right into
1:00it. Now, before I show you the strategy,
1:02you need to understand one thing. Gold
1:05is not like every other market. Gold
1:08moves super duper fast, which means that
1:10it can give you a very clean move very,
1:12very fast, but it can also reverse on
1:15you just as fast if you are way too late
1:18or if you get too greedy. That's why a
1:20lot of traders struggle with gold. They
1:24treat it just like a normal forex pair,
1:26and then they enter way too late or they
1:29hold a trade for way too long, or they
1:31use stop losses that are way too tight,
1:34or they try to catch the entire move.
1:38But gold doesn't reward that. Gold
1:41respects liquidity very well. It loves
1:44to sweep high, sweep lows, grab
1:46liquidity, and then move aggressively in
1:49the opposite direction. So, instead of
1:52chasing price, you need to understand
1:54where liquidity is sitting and wait for
1:57price to come to your level. The biggest
1:59mistake beginners make with trading gold
2:01is that they think they need to catch
2:03the entire move. You don't. You don't
2:06need to catch this entire 200 pip move
2:09in order to make money on gold. You just
2:12need to catch the cleanest part of the
2:14move.
2:15That's the mindset shift. The goal is
2:17not to predict the entire day. The goal
2:21is to find the highest probability
2:23section of the entire move. And then get
2:26in, take your profit, and get out. So, I
2:29want you guys to remember this when you
2:30are trading gold. Get in fast, get out
2:33faster. That's my philosophy when it
2:36comes to scalping gold. Now, let me walk
2:38you through my entire gold trading
2:40strategy which comprises of five simple
2:42steps. This is the exact same framework
2:45that I use whenever I'm looking for
2:47quick, high probability move on gold.
2:50And remember, because we are scalping
2:52today, we are not trying to predict the
2:54entire day. We are not trying to catch
2:55the entire move. We are just trying to
2:57catch the cleanest part of the move. So,
3:00step one is identify the trend
3:02direction. Specifically, the 15-minute
3:05and the 1-hour trend direction. So, you
3:08want both of these time frames to be
3:10aligned before you even look for a
3:12trade. So, if the 1-hour time frame is
3:14bullish, but the 15-minute time frame is
3:17bearish, now we got a misalignment in
3:19the higher time frame and the lower time
3:21frame, which will give you low
3:23probability setups, right? As much as
3:25possible, you want both of these time
3:27frames to be aligned. The 1-hour
3:29bullish, 15-minute also got to be
3:31bullish. The 1-hour bearish, 15-minute
3:33also got to be bearish. So, yeah, like
3:35if you're a beginner, you want to just
3:37make sure that both time frames are
3:38aligned as much as possible. So, in this
3:41particular example, you can see that
3:42price is creating your lower highs,
3:44lower lows, lower highs, lower lows. And
3:47then what happens is that there was so
3:49much bullish momentum, so much buy
3:51orders in the market that later price
3:54went up there and take out the last
3:55lower high giving us a market shift.
3:58Right, so at this moment of time we know
3:59that the structure has officially
4:01shifted bullish on the 1-hour time
4:03frame. And once you got this market
4:05shift right here, this is where you can
4:07identify the higher highs and higher
4:09lows as your new bullish break of
4:11structure. This tell you that the buyers
4:14are in control of price. Demand is
4:16overpowering supply right now. So, that
4:18is where you can mark up another break
4:20of structure right here. Right, so
4:22market shift, break of structure, and
4:25this is where we can clearly see price
4:27is creating a higher highs and higher
4:29lows. And the moment you map out your
4:31most recent break of structure, this is
4:33where you can map out your 1-hour swing
4:36low, which is this low right here, and
4:38then this will be the 1-hour swing high.
4:41And this becomes the range that we are
4:43trading within right now. This is the
4:451-hour strong low and this is the 1-hour
4:47weak low, so we are expecting price to,
4:49you know, continue creating this higher
4:51highs and higher lows dynamic and just
4:53continue creating bullish break of
4:55structure to the upside. So, that's the
4:571-hour time frame, right? The 1-hour
4:59time frame does that right now price is
5:01bullish. So, step two is to mark up
5:03liquidity and point of interest. Once I
5:07know the direction I want to trade, the
5:09next step is to identify the location in
5:12which I am scanning for trading
5:14opportunities. And in order for you to
5:16do that, you need to mark up your
5:17liquidity and point of interest. Now,
5:20I've done a lot of videos on liquidity,
5:22so I'm not going to cover liquidity in
5:23too in-depth in here, but at a high
5:25level, just understand that liquidity is
5:28essentially where traders are placing
5:31their stop losses and stop orders. So,
5:33it's essentially the fuel the market
5:35need in order for it to move in a
5:37particular direction. So, in this
5:39particular example, what I'll do is that
5:41I will just map out the demand zones
5:43first, then I will start try to a for
5:45available liquidity. Right, so the
5:47reason why we want to trade at demand
5:49zones is because price is bullish right
5:50now. So we want to look for buys, we
5:52want to look for long positions at
5:55demand zones, as simple as that. Right,
5:57so you always start from the extreme,
5:58right? So this is the 1-hour swing low,
6:00and then there's a demand zone right
6:02here, and then later on price went up,
6:05pulled back, and then goes up again,
6:06creating another demand zone right here.
6:09Right, so just at a high level on the
6:111-hour time frame, you can see that
6:12there's two demand zones. Which means
6:14that we are not going to be doing
6:15anything until price comes down to
6:18either one of our two demand zones that
6:19we have marked up right here.
6:21Just by doing this alone, you will
6:23filter out a lot of bad trades. You
6:25won't be looking to get in here or here.
6:28No, because price is not at your ideal
6:31location yet. So you have to be very
6:32patient and wait for price to get there.
6:34Like I said, these points of interest
6:36are the areas where I want price to
6:39react from. And this could be a supply
6:42zone or a demand zone or a fair value
6:44gap or an order block or any clean area
6:47where price previously showed strong
6:49direction. Right, because that give us
6:52uh indicator that that is where smart
6:54money have gotten in the past and they
6:56are most likely going to enter at the
6:58same price again. Now once again, we
7:00don't enter when price is in the middle
7:02of nowhere. You want to wait for price
7:04to come into a clear area where
7:05liquidity has been taken, risk is
7:07defined, and the trade actually makes
7:09sense. And also another thing you want
7:11to do is to mark up your available
7:12liquidity, right? So this is where I
7:15want to see price sweep the liquidity
7:17below swing lows. So this is where you
7:19can see that, hey, all of these swing
7:20lows, all of these internal lows that's
7:22being formed right here, all of these
7:24are liquidity. Right, so what I mean by
7:26that price went up, pulled back, goes
7:27up, right? So this itself is liquidity.
7:30But in this particular example, price is
7:32already swept the liquidity below this
7:34low when price came down and created
7:36this long low wick right here. Right, so
7:39that one has already been swept. And
7:41then let's try to search for more
7:42available liquidity, well, price went
7:44up, pull back, and then goes up again,
7:46right? So, this is clear as day another
7:48liquidity point. And then, there's also
7:50another liquidity below this week right
7:52here. Right, so these are like the two
7:54most obvious liquidity that price has to
7:56take before price can continue bullish.
7:59So, once again, we are not doing
8:00anything until price come down to take
8:02one of these two liquidity right here.
8:04So, on the 15-minute time frame, you can
8:07also see that, hey, this was the demand
8:09zone that we have met out. And I can
8:10also draw another 15-minute demand zone
8:12right here because this is where price
8:13went up, pull back, and then goes up
8:15even further. So, if you are scalping,
8:18like I said, you want to wait for price
8:20to get down to a point of interest,
8:22which brings us to the third step, and
8:25that is to be very patient and wait for
8:28price to reach a 15-minute point of
8:30interest. Right, so once again, there's
8:32one demand zone right here, another
8:34demand zone right here, and there's
8:35another demand zone right here. We don't
8:37know exactly which one price will react
8:40from, but what we do know is that price
8:42is going to react from one of them and
8:44then eventually make the move to the
8:45upside. And what we want to do is to
8:48like just do nothing until price get
8:50down to the first demand zone. If price
8:53gets down to the first demand zone right
8:54here, we look for our entry
8:56confirmation, we look for our entry
8:58model, and if it present itself, we look
9:00to get in. If it doesn't, then we wait
9:03for price to get down to the next point
9:04of interest and we repeat the same
9:06process of searching for our entry
9:08confirmation, searching for our entry
9:10trigger. If it doesn't, like I said, we
9:12pass on the trade and wait for price to
9:14come down to this next point of
9:15interest. You can see this framework is
9:17very methodical, very mechanical, and
9:19it's repeatable, right? Whatever that is
9:22simple is scalable, right? So, that's
9:24how I frame this. So, yeah, step three,
9:26do nothing, wait for price to come down
9:28to the point of interest. So, let's see
9:29what price does. Okay, price continue go
9:31up there, creating another bullish break
9:33of structure to the upside, but then
9:35think see the is starting to approach
9:36this point of interest, right? And
9:38that's where I'm looking to get involved
9:39very very soon. Okay, price mitigate the
9:41point of interest. So, step three done,
9:44right? Mitigated our 15-minute demand
9:46zone. But, is there a liquidity sweep?
9:48Right? Is there a liquidity sweep?
9:50Because remember, liquidity is
9:52essentially the fuel that smart money
9:54need in order to move price up
9:56significantly or go down significantly,
9:58right? So, we need to get that liquidity
10:00sweep.
10:03And in this particular example,
10:05>> [snorts]
10:06>> price have not swept liquidity even
10:09though it mitigated the point of
10:10interest, which brings us to step four,
10:13and that is to wait for the entry model.
10:15The moment price reaches a point of
10:17interest, you cannot enter blindly right
10:20here because you haven't gotten the
10:21confirmation that price is indeed going
10:24up. So, if you enter right here, it's
10:26way too early, it's too premature, and
10:29what tends to happen is that we can have
10:30a false breakout right here for price to
10:32continue crashing down, and then you
10:34just get stopped out like you always do.
10:36So, you want to be very patient. You
10:38don't enter blindly. You wait for the
10:40entry model. So, the first thing I want
10:42to see is price sweep some form of
10:44liquidity because when price takes out a
10:46previous high or low and grabs
10:49liquidity, this indicate that, you know,
10:51smart money has manipulated price to
10:53trap all the retail traders, and now
10:55they got the fuel they need to actually
10:57cause price to move up. So, that's
10:58always going to be the first thing. So,
11:00in this case, if you look at this right
11:02here, there's liquidity sitting beside
11:04this low right here. So, I want to wait
11:05for that to be swept before I can even
11:08consider getting into the trade itself.
11:10So, in this case, once again, price is
11:12right here, you know, it's trying to
11:13sign me into the trade, it's trying to
11:15induce and entice me into, you know,
11:17entering for a long position right now,
11:19but I am not interested, right? Because
11:22we haven't gotten the liquidity sweep
11:23yet. We ain't dumb retail traders, all
11:26right? So, we wait and wait and wait and
11:28wait and wait. Da da da Still waiting,
11:29still doing nothing, still doing
11:31nothing. Boom! The moment price comes
11:34down and sweep the liquidity below this
11:35low, this is where you can look to get
11:37in. Right, so somewhere around here, the
11:40minute price came down sweep this low,
11:41you can easily get in for a long
11:42position right here if you are super
11:44duper aggressive. Right, so if you're
11:46aggressive, you can get in for a long
11:48right here and then try to target where
11:51do you target? Right, which brings us to
11:52the next step is to make sure that you
11:55target the next swing high, swing low,
11:58or point of interest. Now, for targets,
12:00I like to keep it simple. Right, because
12:01this is scalping, I'm not trying to
12:03catch some massive move like 1:10 or
12:05another BS. I'm just going to target the
12:08nearest logical liquidity. And that
12:12usually means the next swing high if you
12:14are looking for long. And then if you
12:16are looking for short, it means the next
12:17swing low
12:18or the next supply or demand zone or
12:21order block or fair value gap like the
12:22next point of interest. Right, so in
12:24this case, since I'm looking for long at
12:27this liquidity sweep, I'm going to be
12:29targeting the next supply zone or the
12:32next obvious swing high. Right, so in
12:34this case,
12:35you can see there's two places where you
12:37can target.
12:38Right here, there's a swing high. This
12:40is the ultimate swing high, right, the
12:411-hour swing high. Or you can target the
12:4415-minute internal high, which is this
12:46one right here. Right, so these are two
12:48places where you can target. Now, for
12:50me, scalping wise, I like to, you know,
12:52just really manage my expectation, be
12:54extremely conservative, and that is why
12:56I would most likely target the nearest
12:5915-minute high, which is this one right
13:01here. And then when it comes to my stop
13:02loss placement, I'm just going to be
13:04placing my stop loss below the
13:06candlestick that I entered the trade
13:07from. Right, so if I'm entering this
13:09trade right here, I'm placing my stop
13:10loss below the low. Right, because why?
13:13Why below the low? Because this is the
13:14low that swept liquidity. So, it becomes
13:17like a protected low. Right, so this
13:20means that there's a lower chance for
13:21price to come down there to sweep this
13:22low before going up even further. Right,
13:24so that's where I would place my stop
13:26loss. So, this is how you can go about
13:28trading if you are aggressive. You know,
13:30like this is like a simple 1:3 RR trade.
13:33You just enter right after the point of
13:35interest mitigation and liquidity sweep,
13:38and you can see price just happily went
13:40up there and smashed our TP. Right, so
13:42this is if you are trading aggressively.
13:45Now, if you want to look for extra
13:47confirmation, you know, you're thinking,
13:49"I don't know about entering right here,
13:50Brad, because it's a little bit risky,
13:52it's a little bit dangerous, and you
13:53want to play it safe." Let me introduce
13:55you to another entry confirmation, and
13:58that is the market shift. Right, so in
14:00this case, if you want to really just,
14:03you know, get more confluence, what you
14:04can do is wait for price to take out the
14:07last lower high. Right, so in this case,
14:09price came down, pulled back, came down,
14:11pulled back, and then goes down even
14:12further. So, this is the last like
14:15internal bearish break of structure,
14:17which means this is the last internal
14:19high. Right, so if price is going to
14:21take out this last 15-minute high, this
14:24means that we can officially get a
14:26market shift, which confirm to us that
14:28the internal structure is indeed
14:30shifting bullish, and then right now,
14:32you got all those stars in the entire
14:34universe for you to look for longs.
14:36Right, so this is the second way to
14:37enter for this trade. If you are not
14:39okay with the first way, which is too
14:41aggressive, you know, you get the
14:43liquidity sweep, get a point of interest
14:44mitigation, you enter right here, and
14:46then place a stop loss below the
14:48protected low, place a take profit right
14:50here. If that's too risky for you, and
14:52you want to play it safe, what you can
14:54do is to wait for the market shift to be
14:56formed, and then wait for price to pull
14:58back to the zone that created this
15:00market shift. Right, so in this case,
15:02you can map this thing right here as
15:04your 15-minute demand zone that led to
15:06the market shift, and you can look for
15:08entry only when price mitigated this
15:10zone. Right, so in this case,
15:12if you map it out via like the pivot
15:15candle, right? Remember our demand zone
15:17via the pivot candle? It's It didn't
15:19mitigate it, but if you draw the entire
15:21demand zone as like this range right
15:23here, it did mitigate it and then this
15:25is where you can look for longs and you
15:26can trade it to the next swing high,
15:28which is this one right here. Place your
15:29stop loss once again below the candle
15:31that you enter the trade from and yeah,
15:33happy days. Right? So, I wanted to show
15:36you guys like the two types of ways
15:37where you can actually trade gold,
15:39right? The aggressive way where you
15:40enter just right after the liquidity
15:42sweep. But once again, the downside to
15:44that is that you're going to be prone to
15:46a lot more false breakouts, right?
15:48There's going to be times where, you
15:49know, the price comes down through this
15:51liquidity and just continue going down.
15:52If that's the case, you're just going to
15:54get stopped out, right? I'm just telling
15:55you the truth right there. That's the
15:57downside of using the aggressive entry
16:00model. But if you use the aggressive
16:01entry model, there's a lower chance that
16:03you are going to miss out on the trade
16:05itself, right? Because price does not,
16:08you know, pull back after the market
16:09shift all the time. Sometimes price will
16:11just sweep the liquidity and then just
16:13start going up like crazy. So, if you're
16:15waiting for the conservative version of
16:16the entry model, you would have missed
16:18out on this trade. Right? So, it's all
16:21about your risk tolerance, right? You
16:22can test both out and see which one
16:25works best for you and then stick to
16:26that one. Now, before I move on to the
16:28next part of the video, I got a very
16:30important announcement to make and that
16:32is the fact that you can finally trade
16:34multiple assets on Edge Flow, my trading
16:37super app, right? So, right now, if
16:39you're trading gold, forex, indices,
16:42crypto or commodities, you can finally
16:45do so on Edge Flow. Now, if you're a
16:47full-time trader, you probably don't
16:49just a strategy. You need discipline.
16:52You need proper risk management. You
16:54need journaling. You need a system that
16:56keeps you accountable. And that is what
16:58Edge Flow does for you. It is the
17:00world's first trading super app which
17:01allows you to do your pre-market routine
17:03on there. You can even trade on there.
17:05You can journal on there and do your
17:06whole post-market routine on there. So,
17:08it's like everything you need as a
17:10professional trader is in one place.
17:13It's in one system. And on top of that,
17:15you can now connect Trade Locker
17:16directly to Edge Flow as well. So,
17:18whether you're trading gold or any other
17:20market, you can use Edge Flow to plan
17:22your trade, calculate your risk, execute
17:25with guardrails, journal the trade, and
17:27then review your trading performance in
17:29one place. Now, I know Edge Flow sounds
17:31super exciting, but hold your horses.
17:34I'm going to show you how I use Edge
17:36Flow later to trade gold to maximize my
17:39profitability later on in this video.
17:41But for now, let's get back to the video
17:43and let's go through the two live trades
17:46that taken on gold and made me a
17:48ridiculous amount of money. So, at the
17:50start of this video, I told you guys
17:52that I made 566k
17:53live trading gold. And the best part was
17:56that I did it in two big boy trades,
17:59right? Just two trades. And once again,
18:01every single thing was documented live
18:03on Brad Trades, my second YouTube
18:05channel. You can see my entry, you can
18:07see my exit, and you can see all the
18:09stupid mistakes that I committed in
18:10between. But anyways, I wanted to show
18:12you guys my thought process for these
18:14two trades, how I pretty much applied
18:16this strategy that I show you on these
18:18two trades alone. So, this is my trading
18:20journal, and I can see this was the
18:23first trade, June 18, made 292k.
18:26The trade took about 1 hour 20 minutes,
18:29right? Which is quite short, right?
18:30Imagine making 300k in freaking 1 hour
18:3330 minutes. Never have I imagined I
18:36could ever get to this stage right here
18:38in my trading career. Now, anyways, as
18:40you guys can see, this is the chart
18:41screenshot itself. This was what price
18:43looks like on the higher time frame. On
18:45the 1-hour time frame, you can see we
18:46got a market shift. Price is obviously
18:48heavily bearish, right? Clearly. And on
18:51a medium time frame, I was also bearish,
18:54right? Price was also bearish. So,
18:5615-minute, 1-hour time frame, both
18:58bearish, perfect alignment, right? This
19:00is where I know that I should be looking
19:01for shorts. And then all I did was to
19:04wait for price to come back up to the
19:05supply zone, right? Wait for price to
19:08sweep liquidity on my lower time frame
19:10right here. And this is where I got my
19:12confirmation to look for short right
19:14here. Right, so I like to like play it
19:16safe a little bit, so I don't usually
19:18enter right after the liquidity sweep.
19:19You can see in this case, this was the
19:21liquidity sweep. I like to wait for an
19:23additional bearish candlestick to form
19:26to tell me that there is indeed selling
19:28momentum, selling pressure in the
19:29market, and then that is where I made my
19:31entry right there. Yeah, so enter right
19:33there. Stop loss, like I said, above the
19:35candle that I entered on, or rather
19:37above the protected high. Right, because
19:40this is the high that swept liquidity.
19:41Enter right there and then and just take
19:43profit at the next 15-minute demand
19:45zone, right? At the next 15-minute swing
19:47low. Right, so you can see, this is the
19:49application of this entire strategy that
19:51I've been talking about for like the
19:52past 30 minutes. It's really just as
19:55simple as that, right? Like when you
19:57have such a simple framework, you can
20:00repeat it, and when you can repeat it,
20:02you can scale it. So, overall, I'll rate
20:04this trade like a good old seven out of
20:0610, right? It's not the best trade that
20:08I've taken in my entire career. I've got
20:10a lot better entries, right? Sniper
20:12entries and all that stuff, and made a
20:14lot more money on other the trades, but
20:16I'll say this is a pretty good
20:18implementation of the trade plan that I
20:20shared with you guys like in this video
20:22itself. So, I'll give you like a seven
20:23out of 10.
20:26Now, the next trade, I'm going to give
20:27you like a freaking five out of 10,
20:29right? And hear me out, hear me out, all
20:31right? So, for this trade, made about
20:33274K,
20:35right? And this took about 44 minutes,
20:37right? So, it was under an hour. You can
20:39see, this is what price was doing on the
20:42higher time frame. Obviously bearish.
20:44Medium time frame, right? Price was
20:46shifting bearish, right? Price was
20:48actually bullish right now, right? So,
20:50in this case, you can see, now there's a
20:52misalignment. The medium time frame is
20:54bullish, higher time frame is bearish.
20:56Hm, so is this really a high probability
20:58trade? Hm, not really. But in this case,
21:01you can see on the lower time frame,
21:02your boy still took that trade itself
21:04because
21:05uh yeah, why not, right? Why not?
21:08Hashtag why not? And I almost lose the
21:10trade, right? If you guys watch the live
21:12trade breakdown, you'll see that I
21:13almost lose the trade itself. Because
21:15when I enter for a sell right here, I
21:17entered because price have swept this
21:19high right here, and then price went
21:21down, went down, went down, went down,
21:23went down, you know, I was up a little
21:24bit, you know, almost hit my TP right
21:26there, but then price started to move
21:27against me, right? Started coming up
21:29here. And then this is where I decided
21:31to like just remove my stop loss, you
21:32know, just be a little bit more
21:34discretionary because I my gut feeling
21:37says so, right? Like that's the truth.
21:39My gut feeling says so. And to me, since
21:41I've been trading for 7 years, I've
21:43learned to trust my gut feeling in the
21:45past 1 or 2 years or so. Because I
21:47believe that my gut feeling is simply my
21:50subconscious pattern recognition skill,
21:53right? So, when my gut feeling is like,
21:55"Yo, bro, you got to remove your stop
21:56loss right here." Because we all know
21:58what's going to happen next, which is
21:59the fact that price is going to sweep
22:01this high and then go down to your TP,
22:03right? So, at this point time, I
22:06"Am I removing my stop loss because of
22:08fear, or am I removing my stop loss
22:11because that's what price is doing?"
22:14Right? So, that is where I was like,
22:15"Let me just be as objective as humanly
22:17possible, right? Let me remove my stop
22:18loss because I know price is going to
22:20sweep the liquidity above this high
22:21right here." And if price do want to
22:23continue going up, I will just close the
22:25trade manually and take a big fat L,
22:27right? But luckily, price did play out
22:30in the exact manner I envisioned it to
22:32play out. Price went up there, swept the
22:34liquidity above this high, and then
22:36continued crashing down. This is where I
22:38put my stop loss back, now above this
22:39protected high, and I managed to take
22:41profit right here. Yeah, that's why I
22:43would rate this trade like a five out of
22:4510 because it's not the best entry, it's
22:46not the best implementation of like this
22:49strategy right here, and it required a
22:51little bit of discretion. So, if you're
22:53in your first year of trading, I would
22:55highly discourage you from moving your
22:57stop loss, right? Just stick to your
22:58stop loss. Be as mechanical as humanly
23:00possible. But because I've been trading
23:02for so long, right? I've learned to like
23:04just develop this gut feeling, which is
23:06like I said, really just my subconscious
23:07pattern recognition skill. It's simply
23:09just my mind recognizing that, "Hey,
23:12Brett, you got stopped out at this place
23:14multiple times in the past. And whenever
23:16you do,
23:17price always end up going in the way,
23:19right? It's just a classic liquidity
23:21sweep. It's just a classic market
23:22manipulation, right? So, let's be smart
23:24this time round and let's do the right
23:26thing. Okay? So, yeah, that's why I did
23:28this. Now, before I end this video, I'm
23:30going to show you what I call the
23:31trading cheat codes. Because here's the
23:34truth.
23:35A strategy just like this can help you
23:37make money.
23:38But, discipline is what helps you keep
23:41the money that you have made. And this
23:43is where so many traders fail.
23:46Most traders don't lose because they
23:48don't know when to enter. They lose
23:51because they over risk. They revenge
23:53trade. They enter into a trading without
23:56a trading plan. They move their stop
23:57loss. They don't journal their trade and
23:59they have no idea what they are actually
24:02doing wrong.
24:03That is why I built Edge Flow. Edge Flow
24:06is the discipline-first trading platform
24:08that I personally use to plan, execute,
24:11journal, and review my trades. So, quite
24:14simply put, Edge Flow is a system that
24:18has discipline built into it. So, you
24:20don't have to rely on your own
24:22discipline. You don't have to rely on
24:24your willpower. You will just do the
24:25right things every single day that will
24:28get you consistent results just by using
24:30this awesome app every single day. So,
24:32with that being said, let me show you
24:33how I use it to become wildly
24:35profitable. So, first of all, before I
24:37enter into any trade, whether that's on
24:39a Forex pair or gold or US 30 or NAS
24:42100, I want to create a trading plan.
24:45So, this is where I can come on to Edge
24:47and I can choose from any of the
24:48templates that we have given you in
24:49here. Or you can just create your own
24:51trading plan just like this. Type in
24:53your charting process, your entry
24:54criteria, your trade management rules,
24:56your exit criteria. So, this way you're
24:59always following your trading plan. And
25:01by the way, it also recorded like the
25:02statistics of the plan, right? So, all
25:04the trades that you have taken according
25:05to this plan, you can also see how they
25:07are performing. And then before I start
25:09trading, you need to analyze your
25:11charts. And guess what? You can do so
25:13with a trade plan right beside you.
25:16Right? You can go through your charting
25:17process, do your chart markups in here,
25:19and look for entry criteria, and even
25:21look at the entry models that you have
25:23mapped out right here, so on and so
25:25forth.
25:26Now, this way I already know what I'm
25:28trading, why I'm taking the trade, where
25:30my entry is, where my stop loss is,
25:32where my take profit is, and how much am
25:35I risking.
25:37This removes emotion and guesswork
25:39because I'm not figuring everything out
25:40while price is moving. Now, once you're
25:42ready to enter for a trade, let's say on
25:44EUR/USD, all you got to do is place your
25:46stop loss in here, right? So, let's play
25:481.143.
25:50And what EdgeFlow does is that it
25:51automatically calculate a lot size based
25:54on your risk per trade. So, this way you
25:56can just get in and out fast. Now, once
25:58again, this automatic lot size
26:00calculator is available on everything,
26:02right? So, we all know how troublesome
26:04it is to try to find a lot size for gold
26:07or US 30, but in EdgeFlow, it's built
26:09into the system, and I can do it in
26:11seconds. Now, another cool thing that
26:13EdgeFlow does is that it gives me
26:14guardrails. This means that I can set
26:17rules like my max daily loss, my max
26:19daily profit, my max risk per trade, my
26:21max trades per day, and any other limits
26:23that stop me from doing stupid things
26:26when I'm emotional. This way, when I hit
26:28those limits right here, EdgeFlow
26:30literally stop me from trading and just
26:33prevent me from continuing making stupid
26:36mistakes. And once I'm done trading,
26:38every single trade I take on this
26:39platform is automatically imported into
26:42my trading journal. So, this is where I
26:44can see all my trading stats, and I can
26:46just take the time and space to
26:48introspect and review on my trading
26:50performance itself. And last but not
26:52least, Edge Flow also helps me to track
26:53my performance. I can see which setups
26:56are working, which markets I trade the
26:58best, what time of the day I perform the
27:00best, how often I follow my trading
27:02plan, and where I'm losing money. This
27:04is where trading becomes a lot less
27:06emotional and more like a business. So,
27:09remember this. The strategy helps you
27:11find a trade, but discipline helps you
27:13keep the profits. It's one thing to make
27:16money, it's another thing to keep the
27:18money that you have made. And Edge Flow
27:20allows you to do both. That's the real
27:22cheat code. Now, if you want to learn
27:24more about how I actually read the
27:25markets, identify liquidity, understand
27:28market structure, find high probability
27:30setups, you want to know about my entire
27:32trading strategy, feel free to check out
27:35my free market mechanics mentorship
27:36series right here. It's 33 days where
27:39I'd literally mentor you for free,
27:41right? Just check out this playlist
27:42right here. Just just click here. And if
27:44you want to trade gold, indices, crypto,
27:46forex, commodities with proper risk
27:49management, with discipline, you know,
27:51with planning a trade, journaling, got
27:53real discipline, tracking, all that good
27:54stuff, check out Edge Flow as well. Link
27:56in the description. And as always,
27:58remember you're just one trade away.

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