I Made $10,000 with 1 Minute and 5 Minute Scalping! — Transcript
Full transcript
- 0:00in this video I'm going to show you my
- 0:01last two trades on my funded account
- 0:03using 5 minute and 1 minute scalping
- 0:05I've covered this strategy countless
- 0:06times and I've actually used it to pass
- 0:08a funded account challenge I really want
- 0:10to keep this video short and sweet and
- 0:12get to the point so let's get into the
- 0:13first trade this is on a one minute time
- 0:15frame trading German 40 I have support
- 0:18and resistance marked up on a higher
- 0:20time frame we peaked Above This level
- 0:22and then slowly started to decline in
- 0:25this wedge pattern and I also saw the
- 0:27RSI trending down trading below that
- 0:29floating moving average and getting a
- 0:32happy trail signal right here to the
- 0:34cell side now looking at the price of
- 0:36German 40 we're sitting at about
- 0:39,450 which made me extremely
- 0:41uncomfortable taking a short position
- 0:43because we're looking at like Key Bank
- 0:45levels as support and resistance as a
- 0:47primary so
- 0:5019,500 if it rejected there then I would
- 0:53have probably held it for quite a bit
- 0:55longer but I just wanted to get in and
- 0:57out of the market this was a one:1 trade
- 1:00risking very little $500 on the account
- 1:03trade went against me after it broke out
- 1:05of this wedge but still stayed in a safe
- 1:07range as you can see my stop loss was
- 1:09here about one and a half points above
- 1:11that Peak right here which would keep me
- 1:13in the trade even with the spreads and
- 1:16within about 10 minutes the trade was
- 1:17over so this was a super quick scalp I
- 1:20also didn't want to be in a trade too
- 1:21long on this day because I had to pack
- 1:24up my stuff for a week-long trip to the
- 1:26hospital to get my gallbladder removed
- 1:28but because its strategy Wars and I
- 1:30wanted to compete for my team and add
- 1:32some points to the roster took this
- 1:34trade last Monday then if we switch to
- 1:36the 5 minute time frame and go back to
- 1:40today since I'm back in the office
- 1:42trading you can see right here this
- 1:43vertical line is New York open and you
- 1:46guys know that I like to have a bias for
- 1:48the day if it's trading below New York
- 1:50open we're looking for shorts if it's
- 1:52trading above we're looking for Longs so
- 1:54we had some weakness as the market
- 1:56opened up traded above New York open for
- 1:58a little while during to Tokyo session
- 2:01but as London session started we grabbed
- 2:03a little bit more liquidity and then I
- 2:05got a sell-side signal from the happy
- 2:06trail indicator and you can also see
- 2:09that the RSI was trending down so I knew
- 2:11that I can get a little bit of meat off
- 2:13of this again since the elections and
- 2:16the crazy Market volatility I'm super
- 2:19cautious with my trading and only
- 2:21risking about $500 per trade so this one
- 2:24as you can see was at 1 to 1.5 so it
- 2:26should have been about 750 but with
- 2:28spreads and everything it ended up being
- 2:30just over $600 probably could have gone
- 2:33for a 1 to two but 1 to5 is super
- 2:35conservative plus with how much of an
- 2:36uptrend we've been on lately short
- 2:38positions are few and far between and
- 2:41you should get out of them as quickly as
- 2:42you can if you're in profit money's
- 2:44money as you guys can see right here I
- 2:46had the same trade setup the only reason
- 2:48I had trading view up is because that's
- 2:49where the indicator signal Prints but I
- 2:51took the trade on trade Locker through
- 2:53funer Pro again 1 to 1.5 trade and as
- 2:57you can see right here these are my last
- 2:59few trades this was the one last Monday
- 3:01on November 11th and this was the one
- 3:04today still a little bit loopy after the
- 3:06surgery and in a lot of pain but got to
- 3:08get those points for my team so so yeah
- 3:10November 18th $692 just shy at that $
- 3:13750 for the 1.5 of risk reward and then
- 3:16one to one right here so $500 but
- 3:19overall you can see I'm up
- 3:21$9,746 so a win is a win if you guys
- 3:24want access to this happy trail
- 3:26indicator to trade exactly how I'm
- 3:28trading and to trade how thousands of
- 3:30other Traders are trading like me which
- 3:32you can see here in the testimonials
- 3:33every single day people are submitting
- 3:35winning trades using these strategies
- 3:36during strategy Wars you can copy
- 3:39exactly how they're trading their exact
- 3:41trade analysis on every single trade
- 3:44this is day in and day out thousands of
- 3:46Trades submitted every single day right
- 3:48now we're running a Black Friday special
- 3:50so all you got to do is click the first
- 3:52link in the description and then click
- 3:53this image right here and you guys are
- 3:54going to get yourselves a slamming deal
- 3:57with a chance for one-on-one coaching
- 3:59course so sorry if I'm a little bit low
- 4:00energy but I'm still recuperating from
- 4:02the surgery thanks so much for watching
- 4:04and I'll see you guys in the next video
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