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I TURNED $20 into $52,000 Trading Forex with This PROVEN Strategy! — Transcript

by The Moving Average · 3,781 words · 509 segments · language en · Watch on YouTube

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0:00now this is the most important part of
0:02this entire video so you're very smart
0:05for watching till the end you want to
0:07start day trading because you want to
0:08become financially independent your
0:10living expenses have gone up food prices
0:12have gone up and you are at your wits
0:14end you're probably sick and tired of
0:16your job that overworks you and
0:18underpays you I understand how you feel
0:21I moved halfway across the planet to
0:23earn $750 a month like all of you I
0:27started to Google how to make money
0:28online and one of the most intriguing
0:30things that popped up was day trading
0:32but since you have little to no money
0:34how do you start day trading I've
0:36created an ultr lowrisk ultra high
0:38reward spreadsheet that allows you to
0:41start trading with $20 and eventually
0:43take it to
0:44$52,000 if that sounds interesting to
0:47you let's get right into it all right
0:49first things first it's Pikachu next if
0:52you are new here let me give you a recap
0:54of what we've been doing and how we've
0:56been doing it let me introduce you to
0:58this this is what I named the 20 pip
1:01spreadsheet it's what it used to be
1:02called but what it actually is is a
1:04spreadsheet that shows you the power of
1:07ultra high compounding interest and the
1:10ability to take a small amount of money
1:13with high percentage increases
1:15compounding over time to take you to a
1:17large sum of money so as you can see
1:20right here the first data entry point is
1:22$20 the goal of this spreadsheet is to
1:25gain 30% profit per trade if you gain
1:2930% on this $20 you will have
1:31$26 then you will trade that $26 and you
1:35will take it to $34 and so on and so
1:38forth and as you can see the higher up
1:40that you get in this spreadsheet the
1:42higher the risk and the higher the
1:44reward all the way to the point where
1:46you're trading a $144,000 account in
1:48hopes of making $4,000 profit to turn
1:51your account into an $18,000 account
1:54this goes all the way to 52,000 because
1:5730 levels looks good I've tried this
2:00before in the past before I started
2:01making YouTube videos and I failed so
2:04many times it makes me want to vomit but
2:06eventually after a ton of failures I did
2:10it I took $20 and I turned it into
2:13$552,000 and I used that $50,000 as my
2:16trading Capital the reason you want
2:18higher capital on your trading account
2:20is so that you can do conservative risk
2:23to rewards half a percent risk to 1%
2:25reward or 1% risk to 2% reward so 2%
2:30profit on a $50,000 account is $1,000
2:33profit per trade that's where you want
2:35to get to and this spreadsheet is going
2:38to help you get there now let me explain
2:40some disclaimers trading this way
2:42teaches really really really bad
2:45behavior that is really difficult to
2:47unlearn once you get to a normal size
2:50account and you start getting to normal
2:51risk reward ratios you will have the
2:53urge to risk more money than is actually
2:56necessary and comfortable for you
2:59because you have bad habit abits from
3:00this thing but the whole goal of this
3:02series is to show you that it is
3:04possible there are video recordings of
3:07every single one of these trades on this
3:09YouTube channel and I will link the
3:10playlist to it at the end of this video
3:12that way you can see every single trade
3:14how it played out and my reasoning
3:16behind them yesterday I took two trades
3:19one loss and one win which I will
3:21explain in just a moment but that second
3:23trade allowed me to pass level four on
3:25this spreadsheet which has brought my
3:27account balance up to $57
3:30nearly tripled the account balance since
3:32the start now again if this sounds
3:34interesting to you let's keep going if
3:36not we'll see you in another video now
3:38the cool thing about this spreadsheet is
3:40that it is customizable and you can
3:42download it I'll give you the link in
3:44just a second but essentially you can
3:45make your starting balance whatever you
3:47want if you want to start with $100 or
3:49if you want to start with $10 or $50 do
3:52whatever you want the risk percentage is
3:54all on you I'm risking 15% per trade
3:57with a 1 to2 risk reward ratio in hopes
4:00of gaining 30% profit per trade you can
4:03lower that down to 10% profit per trade
4:06or increase it to 50% but keep in mind
4:09if you lose a trade at 25% risk you will
4:12blow your account really quickly the
4:14reason I have this laid out the way that
4:16it is is if I lose a trade I only go
4:19back down one level so let's say I'm on
4:22level 15 and I lose that trade I will go
4:24back to level 14 and I will have to
4:26attempt level 14 again if I lose another
4:29trade I will drop down to level 13 the
4:31amount of money that you're risking per
4:33trade is the amount of money that you
4:35earned on the previous trade but yeah as
4:38you can see right here all the formulas
4:40are in place so you can adjust this
4:41however you want and I changed this
4:43whole column to not be a formula so that
4:46you can change the risk per trade for
4:49every single trade if you want to risk
4:5110% on one or 5% on one because it's a
4:53super good entry and a tight stop loss
4:55whatever you can adjust this how you
4:57want now let's get into the charts and I
4:59will explain the strategy that I'm
5:01trading on Euro USD this is just a
5:04concept that I've been playing with
5:06there's no scientific data or proof
5:09behind it I just look for patterns in
5:13the market so this is Euro USD the
5:16indicator that I have on here is called
5:18the New York ICT midnight open it just
5:22creates one vertical line and one
5:24horizontal dotted line the vertical line
5:27is midnight in New York so whatever time
5:29Zone you're in it will show you midnight
5:31in New York and then the dotted
5:34horizontal line is going to be the price
5:38at which the market was or that asset
5:40was at midnight in New York now what
5:43I've noticed on Euro USD is that at the
5:46beginning of the day after midnight
5:49Market tends to stay around that opening
5:52price and then leaves the opening price
5:55and then returns to the opening price
5:58this is just my my theory it doesn't
6:00play out every day but it's quite
6:02consistent you can see that it happened
6:04here it happened here it happened here
6:08it happened here twice it happened here
6:11it didn't happen here didn't happen here
6:15stayed on it all day it happened here it
6:18happened here got close here you can see
6:21what I'm talking about this is just a
6:23pattern that I've seen price leaves the
6:25New York open and then returns to the
6:28New York open it's super simple that's
6:32the concept and that's what gives me my
6:34bias knowing that the price will
6:36eventually return to the New York open
6:39the next strategy that I'm using is
6:41something called price action price
6:43action is the concept of price making
6:46higher highs in an uptrend or lower lows
6:50in a downtrend you can see we have our
6:53lower lows and we have our lower highs
6:57and in an uptrend we have higher lows
7:00and higher highs this is perfect price
7:03action the cool thing about Perfect
7:05Price action let's look at an uptrend
7:08for example once price breaks a high to
7:11create a new higher high and then starts
7:13to go down price is likely to retrace to
7:17a Fibonacci gold Zone that is a 50%
7:21reduction in price from that move
7:24meaning the asset is on sale and then
7:27people buy it when it's on sale and it
7:29continues used to go up between the 50%
7:32and 61.8% levels is known as the
7:35Fibonacci gold Zone if you want my
7:37Fibonacci settings they are as follows
7:40please take a screenshot and let me know
7:42in the comments if you would like a
7:43follow-up video on Fibonacci
7:45retracements so I'm looking at Price
7:47action and I'm looking at trend lines
7:50now I've already explained how I get my
7:53bias to you guys that's because Euro USD
7:56dances on the New York open and then
7:58leaves so let's draw that out and show
8:00you an example price stays in a
8:03consolidation range at the beginning of
8:06the day and then starts to make price
8:09action upwards or downwards once that
8:11price action is made I create a trend
8:14line and I'm waiting for price to break
8:16this trend line and return to the New
8:20York open how do I know when price is
8:22going to break I'm looking at the RSI
8:24for divergences if price action is going
8:27up like this and your RSI is going up
8:30like this that means that they're the
8:32same they're convergent there is no
8:34difference between the two but if price
8:36is going up like this and your RSI is
8:39going like this you can see that there's
8:42a downtrend in the RSI which means it's
8:44losing momentum yet price is still going
8:47up that's when I anticipate a break and
8:50I Target the New York open I use some
8:53other indicators to help me but it's
8:55only like an added Confluence usually
8:58when I'm already in a trade now this is
9:00yesterday Wednesday January 8th 2025
9:03price started to dip below the New York
9:05open and about 2 hours after the London
9:08open London open was at 9:00 a.m. so
9:11right here was the first hour of London
9:13open price continued to Trend down I
9:15drew up my trend line and I wanted to
9:17catch this move right as it broke that
9:19trend line on the one minute time frame
9:22so we had a break above the trend line
9:25with this one candle the next candle
9:27opened and closed completely above the
9:30trend line and I waited for one more
9:32candle for confirmation so we had one
9:34more bullish candle I entered my long
9:36position with a stop loss below the
9:38previous swing low and my target was
9:40this peak right here where we had a
9:42large rejection make that a little bit
9:44more visible for you it was a nice area
9:46to Target because there was a large drop
9:49right here lots of price movement and it
9:51was in the direction of the New York
9:53open that was a 1 to 2.6 risk to reward
9:57ratio immediately after we got a reject
9:59C candle and I was hoping once I saw
10:02this for what is known as the break and
10:04retest it broke that downtrend retested
10:07that downtrend and I was hoping it was
10:09going to continue up the moment that we
10:11dropped below that tread line with this
10:13huge engulfing candle I exited the trade
10:17before it hit my stoploss because I knew
10:19that it was a large volume trap Euro USD
10:23is full of traps they say look right and
10:25then they go left all the time so I
10:28closed that trade and immediately
10:30switched my bias to the cell side what I
10:33wanted to do was give myself a lot more
10:36breathing room once I saw this engulfing
10:38candle so I looked at the next previous
10:41rejection of that trend line up here and
10:44I put my stop-loss one tick above it
10:47price started to consolidate a little
10:48bit got me a little bit worried that I
10:50would be stuck in a sideways not moving
10:53Market but then we got some massive
10:56engulfing candles right here large
10:58rejection Wicks and the trade started
11:01going in my direction the total amount
11:02of time for this trade was 1 hour and
11:05this trade ended in about 4 minutes now
11:07I told you about divergences and the
11:09reason I got into this first trade in
11:11any normal Market besides Euro USD this
11:14would have been respected but sometimes
11:16it doesn't go like that and you need to
11:17be able to identify traps and change
11:19your bias and change your position you
11:21can't be like heartbound to what you
11:24originally thought cuz you'll get
11:25stopped out five times in a row so the
11:27reason I got into this long position
11:29this first one which was a loss price
11:31was making lower lows and lower highs it
11:33was in a downtrend you can see the lower
11:35lows right here now look at the RSI you
11:38can see that it was out of the 7030
11:41range and then back in the 7030 range
11:43not making lower lows but making higher
11:46lows these two lines are going the
11:47opposite direction this is a Divergence
11:50but my ability to identify the Trap and
11:52get out of the trade because in any
11:54normal Market this would have went up to
11:56where my original profit Target was and
11:58you can clearly see the Trap because you
12:00can see the amount of volume that was in
12:03the market and how oversold Euro USD got
12:07on the RSI you can see it was already
12:09oversold crazily right here RSI dipping
12:13way out of the 7030 range and then here
12:17dramatically dramatically below it this
12:19is the standard RSI indicator it's a
12:22built-in indicator on trading view once
12:24it grabbed that liquidity and was
12:25satisfied we got an engulfing candle and
12:28Market continued back up a liquidity
12:30grab is not some dark cabal chasing your
12:33stop losses and trying to get your money
12:36liquidity grabs huge Banks and huge
12:40financial institutions making monstrous
12:43trades of $150 million not 20 bucks like
12:47your account but $150 million and for
12:51$150 Million worth of Euro USD to be
12:54bought and sold at any given time in one
12:56single trade there needs to be the
12:59opposite orders they need to collect the
13:02liquidity in order for that trade to
13:04execute and as you can see they captured
13:06the liquidity from this low right here
13:09right below that bunch of sell orders
13:11bunch of stop losses that's what they
13:13were looking for for their buy position
13:15and their trade executed multi hundreds
13:18of millions of dollars you just have to
13:20be able to look for those signs also if
13:23you guys aren't aware this YouTube
13:25channel is almost at a million
13:27subscribers thanks to you and and the
13:29great news is we are doing a giveaway $1
13:32million worth of giveaway is going to
13:34you guys all you need to do is follow
13:36the first link in the description down
13:38below to enter the giveaway I just need
13:416,000 more subscribers and we'll be
13:43announcing the giveaway live on this
13:45YouTube channel don't miss this
13:47opportunity click the first link below
13:49follow the three steps and you'll be
13:50entered to win now the indicators that I
13:53was using it's the ICT New York midnight
13:56open divider it's this one right here by
13:59Shania if you want that on your charts
14:02it's right there take a screenshot look
14:03it up later now I talked a lot about
14:05that first hour of London session that
14:08range is known as the Dr and IDR range I
14:12see it just because I know the time I
14:14know how the market moves during that
14:16time like I just see it so I like box it
14:18up in my mind but if you need a visual
14:20representation of that you can use this
14:22indicator right here and it'll Mark the
14:24top and the bottom of that range and
14:26usually when price breaks out of that
14:28range it will continue down to the
14:31downside or up to the upside depending
14:33on which side it broke out on now the
14:35cool thing is I don't know if you're
14:37familiar with standard deviations but
14:40usually it will break out of that range
14:43with a standard deviation of 0.5 or one
14:48and let me draw that out for you so that
14:49you understand so this range right here
14:52is this size make this a little bit
14:54darker so you can see it so this is the
14:57range right from Top toot bottom of that
14:59first hour when it breaks out from the
15:02bottom it will usually extend one entire
15:06amount of that range down or if it
15:10breaks out above above so if price
15:12breaks out on top that's your target
15:14level if price breaks out on bottom
15:17that's your target level so I was very
15:19comfortable with my takeprofit on here
15:21knowing that it was a standard deviation
15:23outside of the London open now if you're
15:26looking at these symbols right here
15:28these are buy and sell symbols for this
15:30indicator it's called fractal frenzy
15:32they're little tornadoes you can change
15:34them to arrows or whatever you want but
15:36usually what you want to do with this is
15:38not wait for the first breakout but
15:40actually wait for the retest and then a
15:43continuation so your trade would have
15:45looked something like this where your
15:48stop loss is within that Dr IDR range
15:52and you're going for a 1 to 1.5 risk
15:54toor ratio now indicators are super
15:57helpful for people that need an exact
16:00entry candle point where they're like
16:02this signal printed and I'm going to
16:04sell at this signal print because that's
16:06what it says I'm experienced I can read
16:10different types of candles this is just
16:11this specific strategy it works you
16:14don't need it you can use what I was
16:16using before but if you want this
16:17indicator just go to this website right
16:19here there's like a ton of indicators
16:21and tools and resources and also all of
16:25the things that I know that I use to do
16:27my strategy the price action the trend
16:30lines the Fibonacci retracements all of
16:32that Education Without The fluff is in
16:36our educational platform TRD flor.com
16:39now if you stuck around this long you're
16:41probably wanting that spreadsheet and
16:43it's here on my website
16:46tmx.com stands for the moving average
16:50forex.com tmx.com right here on this
16:53website it's this huge button in the
16:55middle of the screen with the little
16:57download icon you're just going to click
16:59that button and you will get a free copy
17:01of that spreadsheet that you can
17:03customize with whatever account balance
17:05you want whatever risk tolerance you
17:06have and whatever your end goal is or if
17:09you're not interested in any of that you
17:12can just scroll down a little bit and
17:14play my uh awesome space shooter game
17:16that I made using chat GPT right here
17:19it's super fun try to beat my high score
17:21I've gotten to level 730 now this is the
17:24most important part of this entire video
17:27so you're very smart for watching till
17:29the end don't get fixated on finishing
17:32this spreadsheet it's stupid hard like I
17:35failed so many times seriously it's
17:38really really difficult what I want you
17:40to do is understand that you can take a
17:42small amount of capital and grow it so
17:45let's say I'm on level four okay let's
17:47say I keep trading this series I keep
17:50going I make a couple thousand bucks and
17:53I get to level 20 and I have
17:59multiple back-to-back losses I can blow
18:01that entire account but I took $20 at
18:04that point and made
18:06$381 you can tap out of this spreadsheet
18:10you can stop and just take that
18:12$3,800 and use it as your trading
18:15Capital you can make money off of that
18:17as being your own Live account with your
18:20own money
18:22$3,800 there's no shame in tapping out
18:24of this thing the whole goal is to take
18:26a little bit of money and bring it to a
18:28lot of money now this takes hard work
18:30and effort you need to have a huge
18:33knowledge base of all of the day trading
18:36strategies all of the price action all
18:39of the trend lines all of the Fibonacci
18:40you need to have that in your brain
18:42ready to go at your disposal which is
18:44your tool to accomplish this Mission but
18:47you don't have to do the whole thing
18:48don't feel bad if you stop at level 17
18:51you made money maybe your goal isn't to
18:54trade your own Capital maybe you're not
18:56trying to get to that $3,800
18:59and trade it as your own Capital but
19:01you're going to use half to pay I don't
19:03know your mortgage and then use the
19:05other half to buy a funded account
19:08Challenge and have somebody else's
19:10Capital that you trade you can get an
19:12account on funder Pro right now for like
19:14$400 or $500 and you're going to have
19:17$100,000 worth of trading capital and
19:19because you already know how to trade
19:21you can use the money made from this
19:22spreadsheet all of those winning trades
19:24take half make a mortgage payment be a
19:27month ahead and be comt comtable and use
19:29that funded account challenge to grow
19:31and make Capital pass that challenge
19:34have a $100,000 account make 5% per
19:37month which is going to get you $5,000
19:39in extra income and that's going to be
19:41the thing that's going to get you to
19:42transition to quit your job to realize
19:45that you can do day trading full-time
19:47this is a process you are at the
19:49beginning I'm trying to get you to see
19:52that there is ways through this whole
19:54thing without having to borrow $10,000
19:57from your parents to start trading and
19:58then lose it all and feel guilty that
20:01you lost their retirement money in the
20:03grand scheme of things this is super low
20:06risk it's 20 bucks if you lose 20 bucks
20:08like whoop-de-doo people get
20:10uncomfortable and fixated on it once
20:13they get to these higher levels because
20:14they think they lost
20:17$3,800 yeah that's what your account
20:19balance might be and that's potentially
20:21what you could pay out to yourself but
20:23overall the initial risk the initial
20:26investment was 20 bucks I wish you guys
20:29the best of luck on this journey I know
20:31it's a hard thing if you have any
20:33problems or issues I'm in the Discord
20:35every single day or you can just drop a
20:38comment on this video thank you so much
20:40for watching make sure to like And
20:42subscribe and we will see you in the
20:43next video

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