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easiest trading strategy in the game — Transcript

by Trades By Sci · 2,024 words · 272 segments · language en · Watch on YouTube

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  1. 0:00Yo, what's good, chat? What's good?
  2. 0:01What's good? What's good? What's good?
  3. 0:05Uh, I hope you guys are having an
  4. 0:06amazing day. Today, I'm just going to
  5. 0:09break down gold setup for today. Today's
  6. 0:11July the 22nd, and it's currently 2:00
  7. 0:15in the afternoon. So, I'm going to break
  8. 0:17down gold for you guys. I personally
  9. 0:18didn't take gold. I took like a small
  10. 0:20scout today, which you're going to see
  11. 0:22at the end of the video. Super small
  12. 0:24scout just to make 22,000. And yeah,
  13. 0:27that's pretty much it. Uh,
  14. 0:31I'm proud of you guys, man. I'm proud of
  15. 0:32you guys. I see you guys in the
  16. 0:34Telegram, bro. You guys are actually
  17. 0:35trying to kill it. So, I'm proud of you
  18. 0:38guys. I see that these videos are
  19. 0:40working. So, I'm going to keep pumping
  20. 0:41out as many videos as I can for you
  21. 0:43guys. Um, I think next week we're going
  22. 0:47to try some. I'm going to do a new
  23. 0:48challenge. Um, because I didn't finish
  24. 0:51my 1K challenge. I need to finish that
  25. 0:531K challenge. So, I'm going to finish a
  26. 0:541K challenge and I'm going also start a
  27. 0:57prop firm challenge too as well. So, I'm
  28. 0:59going to make like a series for that
  29. 1:01while we do the day trading like the
  30. 1:03course series. I'm going to keep
  31. 1:04smacking videos every single day with
  32. 1:06the course series and then we're going
  33. 1:08to do the prop firm and then we're going
  34. 1:09to do the 1K series. With that all being
  35. 1:12said, um not enough to waste your time.
  36. 1:14I don't want to waste your time. I just
  37. 1:15want you to learn as fast as possible.
  38. 1:17So, with that being said, enjoy the
  39. 1:19video and yeah, shout out to um Only
  40. 1:23Payouts.
  41. 1:24All right, so let's get into today's
  42. 1:26video. Today, we can see that gold has
  43. 1:28bought last night. I was looking on the
  44. 1:304hour time frame. This is where we was
  45. 1:32at on the 4 hour time frame. If we go
  46. 1:34back, we was right around here on that 4
  47. 1:37hour time frame. As we can see, as we
  48. 1:38scaled down, you should have been
  49. 1:40looking for the 15minut to go bullish.
  50. 1:42Once again, this is going to be a pretty
  51. 1:44quick video because finding the
  52. 1:45correction and when it's over is fairly
  53. 1:48easy. You just have to start tracking
  54. 1:49your highs and lows on that 15-minut
  55. 1:51time frame. So, as we have here, the
  56. 1:5315-minut time frame is scaling down and
  57. 1:55it's pushing down. So, we will be
  58. 1:58tracking this the whole way through.
  59. 2:00Now, gold moves during London session
  60. 2:03and New York session because it's USD as
  61. 2:06well. you will most likely see it move
  62. 2:08more in New York session but don't get
  63. 2:12um don't get discouraged when something
  64. 2:14happens in London session because that
  65. 2:16price um gold moves during that price
  66. 2:18range too as well that session as well.
  67. 2:20So all we had to do here was follow and
  68. 2:23track our highs and lows as we see here
  69. 2:25we have a lower high. So right here we
  70. 2:28have a lower high
  71. 2:31and then this one we have a another
  72. 2:34lower high. Well, that previous one
  73. 2:36right here is actually going to be just
  74. 2:39the high, right? Because that's the
  75. 2:40highest point you want to see. If you
  76. 2:42want to see price go bullish, you need
  77. 2:44price to come back above here. But then
  78. 2:46price makes a lower high. So, if you
  79. 2:48want to see price go bullish, it has to
  80. 2:50come above this lower high and then
  81. 2:52price makes another lower low, right?
  82. 2:54So, this means price is still bearish
  83. 2:56because it's still making lows. It's
  84. 2:57breaking levels of support. As you can
  85. 2:59see here, breaking levels of support and
  86. 3:01showing you, hey, I'm still bearish. But
  87. 3:04what helps you understand and identify
  88. 3:06that this is no longer bearish is the
  89. 3:08fact that it makes another lower high.
  90. 3:10So we're going to take this command and
  91. 3:12drag. So we see that this is another
  92. 3:16lower high. And as we progress, we start
  93. 3:18to see price have some rejections right
  94. 3:20here. So let's continue to see what
  95. 3:23price is going to do. Okay, another
  96. 3:26lower low. Right? So even though those
  97. 3:28rejections was looking like it was going
  98. 3:30to do something, we still didn't take a
  99. 3:32buy because why? It didn't give us a
  100. 3:34confirmation that price was going to be
  101. 3:35bullish. Right? So now we have another
  102. 3:38lower low. So I'm going to keep marking
  103. 3:40these lower lows in circles for you. So
  104. 3:42lower low. Price is still bearish.
  105. 3:45Right? So now since price makes a lower
  106. 3:47low, it's going to go for a lower high
  107. 3:49because that's what it does. When price
  108. 3:50shoots down, it corrects to make a lower
  109. 3:52high. Price shoots down, it corrects to
  110. 3:54make a lower high. Price shoots down, it
  111. 3:56corrects to make a lower high. So we're
  112. 3:59going to wait to see what price is going
  113. 4:01to give us. Boom. We can see that price
  114. 4:03is not pushing any higher than this.
  115. 4:06Comes to this level and shoots down in a
  116. 4:08different direction. So this is our
  117. 4:11lower high. Sorry, didn't mean to put
  118. 4:13this box here. We see price come up into
  119. 4:15an area. Comes up, shoots down. That
  120. 4:18lets us know that there's a bunch of
  121. 4:20sellers waiting here at price, right?
  122. 4:22So, if we know sellers are sitting at
  123. 4:25this level trying to push price down,
  124. 4:27the moment price comes above this level,
  125. 4:30this lets us know that price is bullish.
  126. 4:32So, we're going to fast forward. Boom.
  127. 4:36What do we get? It's moving a little bit
  128. 4:37faster. But what do we get? Boom. Two
  129. 4:40things. Price stops making the lower
  130. 4:43lows, right? Price stops making lower
  131. 4:45lows. I think this is on gray. Let me
  132. 4:47change this to black. But price stops
  133. 4:50making a lower low. This is our last
  134. 4:51lower low. Price goes for a lower high.
  135. 4:53It tries to come down, fails to do so.
  136. 4:55This is a bullish sign. This is telling
  137. 4:58us price could go bullish because it's
  138. 5:00not breaking a lower low or is not
  139. 5:02making a low. Right? But the second
  140. 5:05thing that confirms that would be price
  141. 5:09breaking above that lower high. So
  142. 5:11realistically, our entries and I seen a
  143. 5:14lot of you guys in the Telegram. If
  144. 5:15you're in the Telegram, I seen you guys
  145. 5:17getting into the trade and you know, it
  146. 5:19was looking really good. I'm proud of
  147. 5:20you guys in the Telegram. If you're not
  148. 5:22in the Telegram chats, just make sure
  149. 5:24you click the link down below. It'll
  150. 5:26just put you in there and it's free free
  151. 5:28game people in there too as well. Super
  152. 5:30active. You can learn something, right?
  153. 5:33But I seen you guys definitely getting
  154. 5:35into this trade. And then once you find
  155. 5:38this, since you're on that 15 minute
  156. 5:41time frame and you know the 4 hour and
  157. 5:43the one hour is bullish, all you're
  158. 5:45doing is waiting for that 15minut time
  159. 5:47frame or 5 minute time frame, whichever
  160. 5:49one's the clearest to you. Like the five
  161. 5:51minute in this case probably would have
  162. 5:53been this and then breaking above that
  163. 5:55level. But you really can like if you're
  164. 5:58good at finding your highs and lows, you
  165. 5:59can tell. But on the 15, this is way
  166. 6:01cleaner to look at with the highs and
  167. 6:03lows. But all you're doing is waiting
  168. 6:05for price to go back bullish on that
  169. 6:0815minut time frame and putting your stop
  170. 6:10loss under that level where you don't
  171. 6:12want to see price get broken, right?
  172. 6:14Broken.
  173. 6:16So with that being said, today was a
  174. 6:18fairly simple trade um coming into that
  175. 6:20London session and all you had to do was
  176. 6:23wait for price to break and become back
  177. 6:25bullish because we already knew the
  178. 6:274hour time frame was bullish. So all
  179. 6:30that downtrending on the 15 minute time
  180. 6:32frame was only the four 4 hour making a
  181. 6:35higher low to push up more. Same with
  182. 6:38yesterday's trade that we caught. So I'm
  183. 6:40going to go back. Same way with
  184. 6:42yesterday's trade, right?
  185. 6:46Yesterday's trade like right around
  186. 6:48here. I'mma scale into that 15-minut
  187. 6:50time frame. I'm going show you guys
  188. 6:53exactly what we're looking for every
  189. 6:55single time. Right? So 15 minute time
  190. 6:59frame we can see or actually this was
  191. 7:00the five minute time frame that I
  192. 7:02explained this on. So let me scale back
  193. 7:04out and go over here. So same thing with
  194. 7:08that five minute time frame. All we did
  195. 7:10was session open. So once again look at
  196. 7:13the bottom black box right here. Sunday
  197. 7:16market open price shot down right? Price
  198. 7:19shot down made a low. If price is going
  199. 7:22to become bearish it needs to keep
  200. 7:24selling under this level. You cannot
  201. 7:26consider price still bearish unless it
  202. 7:30comes under this low even though we have
  203. 7:32this lower high. So as you can see price
  204. 7:34got to this point shot up. That lets us
  205. 7:37know that buyers are holding at this
  206. 7:39price level and we got to find the next
  207. 7:41level of sellers which is our lower
  208. 7:42high. Our lower high is here. Right? We
  209. 7:46we know that this is a lower high
  210. 7:47because we can see the rejections. Price
  211. 7:49is not going any further. It comes up,
  212. 7:52shoots down in a different direction and
  213. 7:53retests this level. Right? But when it
  214. 7:56retests this level, it rejects and it
  215. 7:58doesn't go any lower. So this low is
  216. 8:01higher than the previous one. Same same
  217. 8:03setup. Same setup as this. Same setup as
  218. 8:06this low was made. Lower high was made.
  219. 8:09Price made a low, but it's higher than
  220. 8:12the previous one. Same setup. Literally
  221. 8:14a ABC setup. And then we have that push
  222. 8:17that break above your once again your
  223. 8:20entry goes here and then your stop loss
  224. 8:23goes either here or here whichever one
  225. 8:25you want to use here. And then you scale
  226. 8:28back out to that 1 hour time frame. Once
  227. 8:30you scale back out to that 1 hour time
  228. 8:32frame, you'll target that 1 hour high.
  229. 8:35In this case, we was targeting here. And
  230. 8:37then you would probably just, you know,
  231. 8:40go with the flow of that. And that's a
  232. 8:42one that's a one to 10 setup. And then
  233. 8:44if you're following the trend, so if you
  234. 8:46would have scaled out more, you would
  235. 8:47have been like, "Okay, 4 hour has broken
  236. 8:49the high and you would be scaling out
  237. 8:51now. You would probably be around a 1 to
  238. 8:5332." And you guys are wondering how I'm
  239. 8:56able to catch the moves that I'm able to
  240. 8:58catch, how I'm able to have the win rate
  241. 9:00that I have. It's all because I make
  242. 9:03trades based on what the trend is giving
  243. 9:05me. And when the trend has momentum,
  244. 9:08it's going to push through as far as you
  245. 9:10need it to push through. Like once
  246. 9:12again, like I trade the trend
  247. 9:15like relentlessly. I don't trade
  248. 9:18anything if it doesn't look like it's
  249. 9:19the trend. If I can't capitalize off of
  250. 9:21it for the next few days, I try not to
  251. 9:24place that trade. So, these are prime
  252. 9:27examples of trades that you could have
  253. 9:28caught. Once again, I didn't catch
  254. 9:30today. I'm not saying I did. I caught
  255. 9:32like a small scalp of it when it was up
  256. 9:35here. Like, I'm going to show you guys
  257. 9:36what I caught.
  258. 9:39I caught like a small scalp. I seen
  259. 9:42price correct. I seen price correct.
  260. 9:45Have some rejections here. So I was
  261. 9:47like, "Okay, let me take this on that
  262. 9:49five minute time frame." This was
  263. 9:51nothing crazy. Literally nothing crazy.
  264. 9:53I took it back up to here. If we go to
  265. 9:55that one minute time frame, like I know
  266. 9:57it's so bad. Um price on that one minute
  267. 10:00time frame came here. I'm going just go
  268. 10:02ahead and delete this so it's not
  269. 10:03confusing. I seen price come here. Once
  270. 10:07it came here, made a lower high, seen
  271. 10:10that lower high, boom, and got my price
  272. 10:12entry

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