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The Gold Strategy That Took 8 Years to Perfect — Transcript

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  1. 0:00I'd say this strategy came up after like
  2. 0:035 years. A lot of concept that I
  3. 0:05learned.
  4. 0:06>> On today's episode of Strategies, we
  5. 0:07have Victor, a gold trader from Canada
  6. 0:09who has been trading the gold markets
  7. 0:11for the past 8 years.
  8. 0:12>> To get a deep fundamental research at
  9. 0:14first. The 4-hour, then I'm going to
  10. 0:17look at [music] the 1-hour, 15 minutes.
  11. 0:19My first confluence will always be fib
  12. 0:21level. These are the main fib levels
  13. 0:24that I'll be monitoring.
  14. 0:25>> Victor's strategy is built around zones
  15. 0:27of confluence combining Fibonacci and
  16. 0:29other key levels to find the highest
  17. 0:30probability entries on gold.
  18. 0:32>> Simply right there, when [music] we
  19. 0:33pulled back into that area, stop loss
  20. 0:36was 27 pips. My take profit would have
  21. 0:39looked [music] like this. This trade was
  22. 0:40a 1:28, 1:29 risk to reward. At that
  23. 0:44point, I would have taken, let's say,
  24. 0:49>> Before we start this episode, I just
  25. 0:51want to let you know that you could have
  26. 0:52had access to watch this video a day
  27. 0:53earlier if you're a member of WeOwnPlus.
  28. 0:55And you get to see the full extended
  29. 0:56versions of these episodes. So, if you
  30. 0:58want to check it out, link is in the
  31. 1:00description below.
  32. 1:01>> Welcome back to another episode of
  33. 1:02Strategies. Today, we have a very
  34. 1:04special guest. He's a trader from
  35. 1:06Canada. He's been trading the gold
  36. 1:07markets for the past 8 years. A veteran
  37. 1:10gold trader. And he trades Fibonacci.
  38. 1:13So, this is Victor. Victor, welcome to
  39. 1:15the show.
  40. 1:15>> Nice to meet you.
  41. 1:16>> Happy to have you on today.
  42. 1:18Um I never actually met a Canadian
  43. 1:20trader, so this is the first time we're
  44. 1:22going to do a Strategies with a Canadian
  45. 1:23trader. So, your strategy, I said
  46. 1:25Fibonacci, but that's the main
  47. 1:27confluence. What is your strategy in a
  48. 1:29nutshell?
  49. 1:30>> It's going to be zones of confluences.
  50. 1:32So, yes, there's going to be always fib
  51. 1:34in the zone, but there's going to be
  52. 1:35lots of confluences as well.
  53. 1:37>> And this is only for gold. You only
  54. 1:39trade gold.
  55. 1:40>> This strategy is going to work for other
  56. 1:41assets, but I think it's going to be
  57. 1:43optimized for gold.
  58. 1:44>> Of course, you've been trading for 8
  59. 1:45years. This is not something that I'm
  60. 1:47I'm I'm sure you developed the first
  61. 1:49year.
  62. 1:49>> Nope.
  63. 1:50>> How did this strategy come to
  64. 1:51development over the 8 years that you've
  65. 1:53been trading?
  66. 1:53>> I'd say this strategy came up after like
  67. 1:565 years. So, it's going to be a mix of a
  68. 1:59lot of concept that I learned, kind of
  69. 2:01came up with that one.
  70. 2:03>> Cool. Well, uh where should we start?
  71. 2:05>> Hey guys, it's Hunter here. I just want
  72. 2:06to let you know that WyseOn has released
  73. 2:08a new channel called WyseOn Live, where
  74. 2:10we do live trading every single day,
  75. 2:11Monday through Friday for New York
  76. 2:13session. If you guys want to come trade
  77. 2:14with us, get a clear bias for the day,
  78. 2:16ask any questions, check the link in the
  79. 2:18description below. Now, let's get back
  80. 2:20to the video.
  81. 2:21>> We should start with step one. So, I
  82. 2:23always love to to get a deep fundamental
  83. 2:26research at first. So, first one is
  84. 2:28going to be like uh
  85. 2:30the funda
  86. 2:32research. What's happening overall in
  87. 2:35the current market? And it's going to be
  88. 2:36what type of market we're in. Are we in
  89. 2:39a fundamental driven market? Is it more
  90. 2:42like a fat consolidation where
  91. 2:44fundamental doesn't really matter? It's
  92. 2:46then going to affect how I trade on my
  93. 2:48technical side.
  94. 2:49>> And quick question, fundamental
  95. 2:50research.
  96. 2:51>> Yep.
  97. 2:51>> Uh I'm a technical trader, so I don't
  98. 2:53use too much fundamentals in my
  99. 2:54strategy. For people that want to learn
  100. 2:56fundamentals or they want to
  101. 2:58fundamental research, where do you do
  102. 3:01your fundamental research from?
  103. 3:02>> Uh like on gold, I'll try to to get a
  104. 3:05research first of all on the overall
  105. 3:07what's going on in the world.
  106. 3:09>> Mhm.
  107. 3:09>> Uh and also on the USD. So, basically
  108. 3:12like what's going on with the rates,
  109. 3:15potential rate cuts, potential rate
  110. 3:16hikes. I'm looking at the Fed Watch
  111. 3:18Tool. I know it's a bit like a typical,
  112. 3:21but X, there's good pages to follow on X
  113. 3:24that gets you the the right information
  114. 3:28literally in seconds.
  115. 3:30So, my favorite my favorite one would be
  116. 3:33news
  117. 3:36Squawk.
  118. 3:38Uh Squawk, I think it's called like
  119. 3:40that. And then, of course,
  120. 3:42for like
  121. 3:43the predetermined news, I'm going to use
  122. 3:46Forex Factory. So, these are going to be
  123. 3:48my three things that I'll watch for
  124. 3:50fundamentals.
  125. 3:51>> So, what is your technical?
  126. 3:52>> Technicals, all right. Uh so, my tech
  127. 3:55Well, first of all, I'll go on the chart
  128. 3:56starting on the medium-to-high time
  129. 3:58frame. So, I'd say like usually I'll
  130. 4:00start on the 4-hour depending on what
  131. 4:02structure I'm analyzing, but it's going
  132. 4:04to be on the 4-hour. I'll do my major
  133. 4:07levels on the 4-hours. My first
  134. 4:09confluence will always be
  135. 4:11the fib. Okay, so fib level. I'm looking
  136. 4:13at a lot of fib levels to be honest. So,
  137. 4:16first one is going to be the 38, the
  138. 4:17other one will be the 50,
  139. 4:2061,
  140. 4:2171,
  141. 4:2378,
  142. 4:2488,
  143. 4:26and then there's like the 100, but these
  144. 4:28are the main fib levels that I'll be
  145. 4:30monitoring on my charts. I'll have the
  146. 4:32moving averages. For the moving average,
  147. 4:35I'm only looking at two different ones.
  148. 4:38So, first one is going to be the SMA
  149. 4:40200, and the other one will be the EMA
  150. 4:44200. So, both 200s.
  151. 4:46Uh the reason I'm looking at both is
  152. 4:48that sometime one is going to react more
  153. 4:50than the other. Sometimes going to be
  154. 4:52the other one, but combined when both
  155. 4:55are at like the same level,
  156. 4:57>> [snorts]
  157. 4:57>> uh it creates a very nice confluence and
  158. 5:00price often has like a lot of difficulty
  159. 5:03to pass through, or once it's passed
  160. 5:05through, then we retest it, and then the
  161. 5:07the movement will continue. So, it's a
  162. 5:08nice confluence to add to my chart.
  163. 5:11Then, we'll have the classic key levels.
  164. 5:13So, just levels where the price has a
  165. 5:16tendency to react. So, there's going to
  166. 5:18be probably lots of wicks
  167. 5:21on that level. It could be wicks on both
  168. 5:23sides. It's going to be a key level,
  169. 5:24right? So, price has a tendency to react
  170. 5:27on it. Then, I'll have the psychological
  171. 5:29levels, which is something that not a
  172. 5:32lot of people are talking about, but
  173. 5:34>> No, I I've heard about them, but I never
  174. 5:36actually uh
  175. 5:37>> So, levels on gold are very strong. So,
  176. 5:39you've got like the the major hundreds.
  177. 5:41Gold is at 5,000. Well, 5,000 is a fat
  178. 5:46uh psychological level, but you can take
  179. 5:47let's say 5,200,
  180. 5:50which is like a good side level as well.
  181. 5:52So, every $100 move is going to be a
  182. 5:56good side level. Of course, the $1,000
  183. 5:59are going to be more strong. There's
  184. 6:01even sometimes I've saw levels like
  185. 6:043,333
  186. 6:07react very solidly for a long time. So,
  187. 6:10these are all levels that I'm keeping
  188. 6:12track of, and these are my main
  189. 6:14confluence
  190. 6:14>> for my my zones.
  191. 6:16>> Wow, okay.
  192. 6:17>> So, now all I do is find on my chart the
  193. 6:21zones where basically there's going to
  194. 6:23be
  195. 6:24the most confluences. And sometimes I
  196. 6:26can even add trend lines.
  197. 6:29>> I see.
  198. 6:30But as you were speaking earlier off off
  199. 6:32this camera, everything comes down to
  200. 6:34the fib level. So, if the fib levels
  201. 6:36aren't
  202. 6:37>> So, I I say
  203. 6:38>> matching your confluence and
  204. 6:39you can't take any trades.
  205. 6:40>> Yeah, all of these five confluences,
  206. 6:42I'll need first of all first of all the
  207. 6:45fib levels, which is like
  208. 6:46non-negotiables. It's always going to be
  209. 6:48on a fib level. And a key level as well,
  210. 6:51okay? So, out of these two, then the the
  211. 6:54best zones are going to be one that have
  212. 6:56also, let's say, a moving average
  213. 6:58passing through it or also a key level,
  214. 7:00also a side level, also a trend line.
  215. 7:01So, the more confluence you have, the
  216. 7:04more chance of the the zone have to
  217. 7:07work.
  218. 7:08>> You're starting off on the 4-hour. What
  219. 7:09are the other time frames that you're
  220. 7:11using?
  221. 7:11>> I'm using the 4-hour
  222. 7:14for like an overall direction of the
  223. 7:16market. Then I'm going to look at the
  224. 7:181-hour, then the 15 minutes. So, these
  225. 7:21are the two time frames that I'll use
  226. 7:23the most, to be honest, since I'm mainly
  227. 7:26a day trader. So, usually the structures
  228. 7:28I'm analyzing are on the 1-hour. And
  229. 7:30then for my entries, which is the last
  230. 7:32time frame I the last time frame I I
  231. 7:34use, is going to be the 5-minute. So,
  232. 7:36this is probably one of the most
  233. 7:38important one because I can have the
  234. 7:40best confluences, the best zone as
  235. 7:41possible on these three time frames. If
  236. 7:44my entry is not respected on the 5
  237. 7:46minutes, I'm just not going to take a
  238. 7:47trade.
  239. 7:47>> How are you setting your take profits?
  240. 7:50Are you setting it off standard RR or
  241. 7:52are you targeting key levels?
  242. 7:54>> I'm never targeting a fixed RR. I think
  243. 7:57the best way that my strategy works is
  244. 7:59going to be to target just another zone
  245. 8:01but on the opposite side. So, let's say
  246. 8:03a buy zone right there, right? So, I
  247. 8:05bought right there. I had the the entry
  248. 8:07model that I want. We'll We'll talk
  249. 8:08about it a bit later. But, I'm in a
  250. 8:10trade right now. Now, I'll just do my
  251. 8:12complete analysis but on the other way
  252. 8:14for some short levels. So, let's say I
  253. 8:16have a good potential short zone right
  254. 8:18there. Yes, there's maybe an obstacle
  255. 8:20right there but it's too close to my
  256. 8:21entry. I like I like to target a big
  257. 8:24risk reward. So, my first take profit
  258. 8:26will be simply my next short zone which
  259. 8:28is going to be this one. My stop loss is
  260. 8:29getting moved to break even really
  261. 8:31quick, to be honest. So, let's say
  262. 8:32usually I'll risk between 20 to 40 pips
  263. 8:35per trade. Let's say my entry is right
  264. 8:37there.
  265. 8:38Stop loss is right there. My first take
  266. 8:39profit is going to be maybe
  267. 8:44a nice obstacle, let's say right there.
  268. 8:47So, there is some good wicks right there
  269. 8:49so like maybe a moving average. So,
  270. 8:52there's odds that market is going to
  271. 8:53reverse at that point. Pretty simple.
  272. 8:55Once my trade reaches that, I'm not
  273. 8:58putting my stop to break even really
  274. 8:59because there's odds that it's just
  275. 9:01going to go retrace to my entry and then
  276. 9:02maybe come back. So, I just wait for a
  277. 9:04close above the closest obstacle. So,
  278. 9:08let's say my 5 minute candle will close
  279. 9:10right there. Then, I'll move my stop
  280. 9:12loss to break even.
  281. 9:14>> Is that a body close or wick close?
  282. 9:16>> A body close.
  283. 9:16>> Okay.
  284. 9:17>> Using my strategy, we get loads of break
  285. 9:19evens. So, I don't count them, let's say
  286. 9:21in the win rate. On a sample of 10
  287. 9:23trades, we'll get maybe six break even
  288. 9:27and then
  289. 9:27>> two two.
  290. 9:28>> You have all these fibonaccis here.
  291. 9:29Which ones are the most important when
  292. 9:30it comes to your trading?
  293. 9:31>> My favorite one
  294. 9:33is the 78.
  295. 9:35>> Okay.
  296. 9:35>> Right there. Reason is the 61 got so
  297. 9:38popular. I mean it still works really
  298. 9:40good and I I take a lot of trade on the
  299. 9:4261, but what usually happens is that a
  300. 9:45lot of retail trader will simply just
  301. 9:47enter on the 61 and their stop loss are
  302. 9:51going to be usually around that 78
  303. 9:53level. When the the there's more
  304. 9:55confluences on the 78 and the 61, then
  305. 9:58I'll just simply wait for that 78 and
  306. 10:01all my best trades were taken on that 78
  307. 10:03because lots of liquidity is always
  308. 10:05there and then basically everyone from
  309. 10:08the 61 gets stopped out. So it it
  310. 10:10usually uh reacts really quick and gives
  311. 10:12some very good trades.
  312. 10:13>> So Shadi, this is starting to make a lot
  313. 10:15of sense now. Before we take the
  314. 10:17strategy to the actual chart, two
  315. 10:18questions for you. One, how long are you
  316. 10:20usually in a trade with such a high RR?
  317. 10:23And two, do you leave runners?
  318. 10:25>> So first question,
  319. 10:27uh my my answer is it depends, okay?
  320. 10:30Some trades uh
  321. 10:31can take days. Some Some trades are
  322. 10:34going to be done in like an hour. So
  323. 10:36it's really going to depend on the
  324. 10:38volatility, where the market is going,
  325. 10:40uh but sometimes, let's say I enter a
  326. 10:42trade at 8:30 a.m., at 10:00 a.m. it's
  327. 10:46going to be done. But now uh for the
  328. 10:47second part, I'm never I'm never closing
  329. 10:50100% of my positions. Uh well, I rarely
  330. 10:53do.
  331. 10:54Uh the the reason is um that's why I
  332. 10:57analyze the fundamental that much is
  333. 10:59that I'm always going to leave a runner
  334. 11:00of my position, so it's going to be like
  335. 11:02a percentage of my position opened uh
  336. 11:05towards the the fundamental direction of
  337. 11:07the market. So let's say
  338. 11:09uh right now gold is fundamentally
  339. 11:11driven and it's supposed to be bullish
  340. 11:12and I managed to get a very clean buy,
  341. 11:15uh I would be dumb to just close
  342. 11:18everything at the first take profit
  343. 11:20because there's high odds that we're
  344. 11:21just going to continue up and up and up.
  345. 11:24What I like to do is, let's say my first
  346. 11:26take profit was there, if it's in the
  347. 11:27right fundamental direction, I'll close
  348. 11:30maybe 70 70% 75% of my position right
  349. 11:33there and just leave the rest to run.
  350. 11:36And what's nice with this is that once
  351. 11:39you got that, let's say 25% runner, um
  352. 11:42once you get to a nice short zone, uh
  353. 11:44your short is basically free because if
  354. 11:47you lose, it's basically covered by that
  355. 11:49runner.
  356. 11:50Uh and that's how I manage my position
  357. 11:52so that a lot of the time when I'm
  358. 11:54trading either countertrend or counter
  359. 11:57fundamentals, those trades are most
  360. 12:00likely going to be risk-free because I
  361. 12:02have this runner. Oh, yeah. Let's hop on
  362. 12:04the charts and see how this strategy
  363. 12:06works. Trading can be a lonely game, and
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  379. 12:41Wayon Plus member. Now, let's get back
  380. 12:43to the episode. All right, Victor. So,
  381. 12:44now we're on the charts. Let's see some
  382. 12:46trade breakdowns.
  383. 12:48>> All right. So, uh we are on the 4-hour
  384. 12:51charts. This is a trade I took on March
  385. 12:5312, 2026. We're currently on the 4-hour.
  386. 12:56Like I said, the structure is like a a
  387. 12:58pretty good triangle. Major drop from
  388. 13:01gold right there. Uh it's still
  389. 13:03fundamentally It was still fundamentally
  390. 13:05bearish with the last drop right there.
  391. 13:07I was looking for a continuation down.
  392. 13:10Uh so, I was mainly looking at short
  393. 13:12levels. So, the structure we'll analyze
  394. 13:14will be uh this one right there. So, I
  395. 13:16was interested in retracement from that
  396. 13:19uh downside level right there and maybe
  397. 13:21this small downside right there. You can
  398. 13:23see I have our 1-hour 200 uh EMA and
  399. 13:27SMA. We are currently sitting in
  400. 13:32on a a good 50 fib. We took some major
  401. 13:35liquidity right there.
  402. 13:36I mean, after that, the next liquidity
  403. 13:38would be like further up. So, since we
  404. 13:40got back below the 50 and this level, I
  405. 13:44was now interesting interested to short.
  406. 13:47Now, I just need to go on the smaller
  407. 13:49time frame since I have my main bias.
  408. 13:51So, I'll go on the 15 minutes and do my
  409. 13:54work. So, the structure I'm analyzing on
  410. 13:56the 15 will be this one. All I'm looking
  411. 13:59for is a continuation on the downside.
  412. 14:01So, I'll start with my fib. To place
  413. 14:04your fib, it's pretty easy. You need to
  414. 14:05find the last impulse, which in that
  415. 14:08case there's going to be two. Okay? So,
  416. 14:10first one would be that's one from
  417. 14:12there, but as you can see, we've kind of
  418. 14:14retraced it all the way. So, we can
  419. 14:16start our fib from this one actually.
  420. 14:20So, I'll put my fib right there. We are
  421. 14:22currently on a nice level. We've got 61
  422. 14:25fib reacted pretty well on the 15
  423. 14:27minutes. We've got the 15 minute 200
  424. 14:30moving averages. On the 1 hour when we
  425. 14:32were there, there was the 200 SMA also.
  426. 14:35We kind of have a nice little key level
  427. 14:38right there on the 61. So, all those
  428. 14:40weeks from there
  429. 14:42this right there. So, this was a good
  430. 14:45short level. I start trading at around
  431. 14:488:00 a.m. Eastern. So, this was the
  432. 14:50chart that I woke up to. Okay? So, the
  433. 14:52best entry probably would have been on
  434. 14:54that, but it was at 5:45 6:00 a.m. So,
  435. 14:57there was no possible entry for me. So,
  436. 14:59I was waiting for just a good way to
  437. 15:01enter in the short to just continue this
  438. 15:04start of the downside movement. So, now
  439. 15:06I go on the 5 minute to find my
  440. 15:08potential entry.
  441. 15:10I go that I see that now I can also
  442. 15:13trace a smaller fib right there.
  443. 15:16So, from there
  444. 15:18to there.
  445. 15:19And now, like the best zone possible
  446. 15:21would be just maybe a retest of around
  447. 15:24that
  448. 15:25grab this liquidity right there. It's a
  449. 15:27retest of my major 61 just some good
  450. 15:31structure right there.
  451. 15:33So now I'll just wait for price to go
  452. 15:35back up and then see if I can get my
  453. 15:39entry criteria to just jump in the
  454. 15:41trade.
  455. 15:49For now price made let's say a new low.
  456. 15:52So now I got to switch my fib.
  457. 15:55My fib is now bigger, but it's going to
  458. 15:57be the same thing, right? So now it's
  459. 15:59going to be a 78 zone instead of a 61.
  460. 16:02>> Which is your favorite zone, right?
  461. 16:03>> Yeah, which is my favorite zone because
  462. 16:04now probably everyone jumped on that 61
  463. 16:07with that small little
  464. 16:09liquidity right there. Liquidity was
  465. 16:11grabbed. The better zone was that major
  466. 16:15fib 61
  467. 16:17retest, but now I need what I called a
  468. 16:20structure. Okay, so a structure is
  469. 16:22always on the 5 minutes. It's my entry
  470. 16:24criteria that I need on every trade.
  471. 16:27It's simple. It's just three times three
  472. 16:30candles on the 5 minutes that reacts on
  473. 16:33my level. Okay, so very similar to these
  474. 16:35candles right there. So I just need
  475. 16:37three candles on the 5 minute that just
  476. 16:39tells me that my level is holding that
  477. 16:41my level is giving reaction.
  478. 16:44So I already have my first two. So this
  479. 16:46one and that one.
  480. 16:50I can wait for the third one. Third one
  481. 16:52is right there. Now all I need is to
  482. 16:54find a valid entry
  483. 16:56with a good risk. If you look if I want
  484. 16:59to enter right after that
  485. 17:01level right there. It's too big. All
  486. 17:02right, I usually like my stop loss
  487. 17:04between
  488. 17:0520 to 40 pips. So I'll need just a
  489. 17:07retracement maybe around that zone 35.
  490. 17:11The best one would be like a retest of
  491. 17:13that small 71 with that liquidity right
  492. 17:15there. We be risking like 26 29 pips.
  493. 17:20So, I'm just waiting for a good
  494. 17:22retracement. Now, price retraced a bit.
  495. 17:26My entry was right there. Okay, so on
  496. 17:28that 60 that 71 right there, retesting
  497. 17:31that major liquidity right there. Well,
  498. 17:33major maybe that's small. So, my entry
  499. 17:35was simply right there when we pull back
  500. 17:38into that area. My risk was
  501. 17:42entry was right there. My stop loss is
  502. 17:44always just a bit above my
  503. 17:47my third wick. So, like that. Entry was
  504. 17:50like that.
  505. 17:51Stop loss was I think it was about 28 27
  506. 17:55pips. So, like that. And then, my take
  507. 17:58profit
  508. 17:59we just need to do like I said my
  509. 18:01analysis on the other sides of things.
  510. 18:04So, now I want to trace my fib
  511. 18:07my next fib for potential buy zones,
  512. 18:09which in this case
  513. 18:11we will start our fib from this one
  514. 18:14probably right there.
  515. 18:16Now, as we can see we've got a nice 61
  516. 18:18fib, a nice little retest zone right
  517. 18:22there. So, a nice key level. So, this
  518. 18:24would be my next buy zone. Okay, so
  519. 18:26around that level. So, yes it's going to
  520. 18:29be a zone that I'll look for buys, but
  521. 18:31it's also going to be my take profit
  522. 18:33one. Okay? So, now [snorts] my take
  523. 18:35profit would have looked like this. So,
  524. 18:37in this case this trade was a 1 to 8 1
  525. 18:40to 9 risk to reward. And then, let's
  526. 18:43just see if things are going well.
  527. 18:46We tapped into the the take profit zone
  528. 18:48pretty quick. I don't remember if I
  529. 18:50closed it like that or if I just waited
  530. 18:52for really complete the full take
  531. 18:54profit. What I did was leave a runner
  532. 18:56for sure since we were in the right
  533. 18:58direction of the market. My stop loss
  534. 19:00was put to break even once we closed
  535. 19:02that candle. So, the big red candle you
  536. 19:04can see right there. So, once I had a
  537. 19:06close like right below that first
  538. 19:08obstacle, which was these candles,
  539. 19:11my my stop loss was moves to break even
  540. 19:14just like that. And then my main take
  541. 19:16profit was that and then we just wait.
  542. 19:22So now I probably would have taken let's
  543. 19:24say 60% 75% of my take profit.
  544. 19:28Let's say I was in like 10 lots. I would
  545. 19:30have closed let's say seven, leave
  546. 19:32three. And then
  547. 19:35you can just go on the higher time frame
  548. 19:37and do a bigger analysis because on
  549. 19:40runners I love to have a way bigger take
  550. 19:43profits.
  551. 19:45So in this case I would have traced my
  552. 19:46fib from this major swing like that. So
  553. 19:51from there
  554. 19:52to there.
  555. 19:54And then let's say my next take profit
  556. 19:56for my major runner would have been that
  557. 19:5761 right there. We've got a 61.
  558. 20:00If you look on the on the left there's
  559. 20:02some major wicks near that point. You've
  560. 20:04got that psychological level that 5.1k
  561. 20:07right there.
  562. 20:09So
  563. 20:10I'll have let's say a buy zone at this
  564. 20:12point also.
  565. 20:15And also I'll just leave the runner
  566. 20:17until then.
  567. 20:19If price can just go down go down go
  568. 20:21down.
  569. 20:22>> Wow.
  570. 20:22>> Then at that point I would have taken
  571. 20:24let's say out of those three lots I
  572. 20:26would have closed two and then leave
  573. 20:28just another one running until I find
  574. 20:31that either the fundamental has switched
  575. 20:34or just that I lost too many trades
  576. 20:38let's say trying to buy. So I need to
  577. 20:39close some partials of that trade. So
  578. 20:42that was this trade.
  579. 20:43>> I claim that.
  580. 20:44>> Yeah, if you go on my Instagram I have
  581. 20:46all my trades taken in my stories. So it
  582. 20:49was March 12. You can see a
  583. 20:52>> This is a awesome strategy man. Thank
  584. 20:53you for coming on the show and and
  585. 20:54showing this. I really appreciate it. If
  586. 20:56you guys do want to see a part two, be
  587. 20:59sure to comment down below what you want
  588. 21:01to see with Victor. And also be sure to
  589. 21:03check out his socials, give him a
  590. 21:04subscribe, give him a follow. And we'll
  591. 21:06link his socials in the descriptions
  592. 21:08below. Victor, any last words to say to
  593. 21:10our audience before we close it out
  594. 21:11here?
  595. 21:12>> It's been pretty fun. Thank you, guys.
  596. 21:14>> All right, signing off. Take care, guys.

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