This DMC Market Open Strategy Is Too Easy — Transcript
Full transcript
- 0:00The DMC market open strategy might be
- 0:02the best strategy I've ever come up with
- 0:03to help you guys in a simple form to
- 0:06make you money. Now, most traders think
- 0:07you need to be sitting for an hour a
- 0:08day, 2 hours a day, taking trades, or
- 0:11even all day long. But, the reality is
- 0:12you only need to be sitting for 5
- 0:13minutes a day. I've been working on this
- 0:15strategy for a while, and I recently
- 0:16tested it while traveling through Miami
- 0:19and Puerto Rico trading the market open.
- 0:20I sat down for maximum of 5 minutes per
- 0:23day, and I made three or four grand per
- 0:25day. This is a strategy that I've also
- 0:26used at home, but because of the time
- 0:28zone, I generally don't like to wake up
- 0:29for market open. Here's a synopsis. You
- 0:31look at [music] the hourly candle before
- 0:34the market open. So, 9:00 a.m. candle,
- 0:36you look at the hourly close, and then
- 0:38you will use dumb money concepts to
- 0:40determine where is the direction of the
- 0:43next move on the hourly. With 90%
- 0:46certainty, dumb money concepts tells you
- 0:48the very next direction with the next
- 0:49one or two candles. So, in essence,
- 0:51[music] 90% means you're not really
- 0:53predicting anymore. You know the move.
- 0:55This video is going to break it down in
- 0:56full and show you live examples so that
- 0:58you can see me doing this in real time
- 1:00just a few minutes per day. No
- 1:02hindsight, just the straight process.
- 1:05I wanted to show you quickly how we
- 1:08start off here. We're going to be
- 1:09trading the Nasdaq. It looks pretty
- 1:11clean today. Let me show you a strategy
- 1:13for market open and pre-market. What you
- 1:14do is you look at the hourly candle on
- 1:18the open. So, what you've noticed is we
- 1:20failed to make a new high on the hourly.
- 1:22So, what did they do? They literally
- 1:24just retested that level, and then now
- 1:25they're coming back down, okay? That's
- 1:27it. They're coming back down here. So,
- 1:28we want to be we want to be bullish also
- 1:30cuz they also failed this level. We want
- 1:32to be bullish on this zone here, and we
- 1:33want to be bearish on that zone in the
- 1:35open, okay? Yesterday, for example, you
- 1:36gained that level, so it spiked up,
- 1:38okay? And the day before, the day
- 1:40before, you could say, "Hey, they
- 1:41bounced off that level, so they went up
- 1:43on the open, okay?" That's it. You
- 1:44literally look at the hourly, right? And
- 1:46so, you can see they failed it, so
- 1:48they're coming back down, and they're
- 1:49filling these orders now, okay? So,
- 1:51that's literally all we need to look at.
- 1:52We're looking at the five now, and I
- 1:54want to see a five close back within
- 1:56here, okay? And uh they might reject
- 1:59further. I'm not sure. What I'd like to
- 2:01do is pick up a buy here maybe. We might
- 2:03get some volatility on the open, but I'd
- 2:05like to pick up a buy on these lows. The
- 2:07London lows would be nice. Because
- 2:08overall, pretty bullish still. So,
- 2:11London lows would be my buy. So,
- 2:13probably let's go here.
- 2:22Okay, we'll probably
- 2:25and we'll try to pick up a couple.
- 2:28Maybe like that, and okay.
- 2:31And we'll see if we can pick up those
- 2:32orders, right? Pick up those orders on
- 2:34the open. Quick spike down hopefully.
- 2:36Actually, I'm going to um I'm going to
- 2:38cancel that one and only take this low.
- 2:41And then we'll wait for reactions
- 2:42actually. We'll wait for a reaction cuz
- 2:44I'm not certain. So, I'd rather take a
- 2:47I'd rather I'd rather shoot for
- 2:50I'd rather shoot for a better trade if I
- 2:52can. Actually, this gained.
- 2:55This This regained. So, we're going to
- 2:57um
- 2:59We're going to take a long right now
- 3:00actually.
- 3:02We're going to take a long right now.
- 3:04Um
- 3:06cuz we just regained there. We're going
- 3:08to take a long to the next high
- 3:10actually. The reason being is because we
- 3:13okay. So, we have this range lock. We've
- 3:15already satisfied the down move, right?
- 3:18So, we want to be buying in this area
- 3:19roughly. We already kind of explained
- 3:21that. We regained the zone. So, we're
- 3:23going to be going for a new high, okay?
- 3:25That's it. We're just going for the new
- 3:26high, and we're going to put a stop
- 3:29uh basically
- 3:32somewhere.
- 3:34We'll do like this, right?
- 3:38Okay.
- 3:39That's what we're doing. Let's go. Okay,
- 3:41that should That should spike up on
- 3:43open. We're getting some bounce, right?
- 3:45This is going to This is going to rip
- 3:46up. It's just going to rip up on open.
- 3:48It's just going to rip up. Look at this.
- 3:49It's It's going to rip up. Look at this,
- 3:51boys. That's all it's going to do. It's
- 3:52just going to go straight up. Hey, rip
- 3:54up. Let's go. Come on, baby. I told you,
- 3:57right on open. Hey, I got to I got to
- 3:59move I got to move to the East Coast,
- 4:00bro. I got to move to the East Coast so
- 4:02I can start trading the open cuz I'm
- 4:03[ __ ] good at the open, all right? I'm
- 4:05really good at the open. I'm really good
- 4:07at the open. Do you see this? [ __ ]
- 4:09clean, baby. Pow, let's go. Let's go.
- 4:14Clean. Right on just How did he know?
- 4:17How did he know? How did he know we'd go
- 4:19down enough? Like literally the
- 4:21premarket we told you come down here.
- 4:22Let's go straight up, baby. Let's go.
- 4:25>> [laughter]
- 4:27>> Let's go,
- 4:28dog.
- 4:30Okay, wait wait wait wait.
- 4:31Just straight up. Just straight up.
- 4:33Let's go.
- 4:35Is it going to reject there?
- 4:38No, it's going to go.
- 4:40It's going to go. Let's go. Come on,
- 4:42little more.
- 4:45Just keep gaining on, baby. Keep
- 4:46gaining.
- 4:48What we got to do is probably trail
- 4:50that. Hey, we're going to trail the stop
- 4:52now.
- 4:53Okay, we didn't need that. We knew we
- 4:55didn't need that, but we can just start
- 4:56trailing it, right?
- 4:581 minute. Like people say don't trade
- 5:00the 1 minute. I would I would agree with
- 5:02them. A lot of people say trade the 1
- 5:03minute. I would I would disagree with
- 5:05them, but I'm doing it. I'm going to do
- 5:06it anyways.
- 5:07>> Market just got bling blinged.
- 5:09>> Bling bling, [ __ ]
- 5:12Told you, straight up, baby. You
- 5:13straight up on open.
- 5:16This like This is like literally This
- 5:18literally all you need. This is the
- 5:20strategy. I told you guys I told you
- 5:22guys on the open.
- 5:24I told you on the open this is what's
- 5:25going to happen. This is the strategy.
- 5:27This works nearly 100% of the time,
- 5:29okay? Nearly 100% of the time.
- 5:33And I just proved to you straight up,
- 5:35straight to target. Let's go. It's going
- 5:36to gain one more. It's going to gain one
- 5:38more and then we're going to close this
- 5:39out. Look at this go.
- 5:41You only You You only need to trade 3
- 5:43minutes a day, dude. 3 minutes I mean
- 5:46going to I just close this 1,000 bucks 3
- 5:48minutes?
- 5:49>> [laughter]
- 5:53>> [ __ ] hell, dog.
- 5:55I want to close it. I want to close I'm
- 5:57going to 5-minute 5-minute day. Wait, I
- 6:00want to close it in in What are we at
- 6:02here? Let's go.
- 6:04Rippity dippity do, baby.
- 6:061,300 bucks, let's go. Let's go. Let's
- 6:09go. There we go. Okay.
- 6:11Boom, close it. 1,500 bucks.
- 6:151,500 bucks 4 minutes. That's it. That's
- 6:17how you do it, bro.
- 6:18[ __ ] yeah. Like literally, that's all
- 6:20you need to do. That's all you need to
- 6:21do. Game Game's over. That's the day.
- 6:24Walk away.
- 6:26Go spend your Go spend your wealth. That
- 6:29was only one lot, too. That was only one
- 6:31lot. That was only one contract. 1,500
- 6:33bucks, easy.
- 6:35So, we're going to go long on Nasdaq.
- 6:39We got the Nasdaq. Pretty easy. 1 hour
- 6:41failed to make a new low. We've been
- 6:42ranging. Overall market is bullish. So,
- 6:44most likely it's going to do what it
- 6:45could pump down to this new low on the
- 6:48open so we can add more there if we
- 6:49want. So, we do We don't want to over
- 6:51risk right now. But right now we
- 6:53regained this move to the high. So, I
- 6:55believe on the open they're going to
- 6:56just pump it up. This is probably what's
- 6:58going to happen, but I think we all I
- 7:00think we go straight up, bro. Let's go,
- 7:01baby. Let's go.
- 7:03>> Bling bling.
- 7:04>> Bling bling. Yeah, boys. On the open
- 7:07immediately. We're doing this what 2
- 7:08days in a row. Oh, we're going to hit
- 7:09TP, bro. We're going to hit TP. Let's
- 7:11go. Go. I got to close out out right
- 7:13there. Okay, 3,000.
- 7:15Uh I just want to see here. I think on
- 7:17the open it We're going to
- 7:19So, if anyone's watching right now,
- 7:21we're just minor a minor long right now.
- 7:23So, what I what I see is it just
- 7:24regained this. They're just They're just
- 7:26buying off that level there. Ideally, it
- 7:28comes down to this one, right? They
- 7:30regain this. All All I All I'm targeting
- 7:32is like a quick little scalp, right? On
- 7:34the open, just a new high here. So, it's
- 7:36like a It's like a really low R. Really
- 7:38low R, but I want to enter down here,
- 7:40honestly. I want to enter there. Get
- 7:42this trade, right? This is what I want
- 7:43to do. So, we're just going to literally
- 7:45just shoot for this new high. TP here,
- 7:48stop loss, right? And then we'll add
- 7:50more here. Let's go. On the open, we'll
- 7:53add more here.
- 7:54Hopefully, just see if it That's where I
- 7:56want to add. Hopefully, they bounce
- 7:57right there, but maybe not, cuz they do
- 7:59need to They do need to hold that level,
- 8:01right? This is literally all they did is
- 8:03regain this. So, they want to buy it
- 8:05here, if anything. See what's streaming
- 8:06the stream already here. That's the only
- 8:08trades I want to take. [ __ ] y'all. DMs
- 8:10See, let's go. Let's see if we can Let's
- 8:11see if we can rip on the I think it
- 8:13comes down, and then bounces here, and
- 8:14then goes up, hopefully. If anyone is
- 8:16jumping in right now to these trades,
- 8:18buy up right here. Buy, buy, buy. Let's
- 8:20go. Let's rip it up, baby. Watch this
- 8:23first 5-minute candle, see how it
- 8:24performs. H4 loss. H4 Yeah, way up here,
- 8:28though. It doesn't really matter. Super
- 8:30crazy bullish, and what we're looking at
- 8:31is this hourly candle, right? The hourly
- 8:33candle regained. So, I want them to buy
- 8:35this this level right there,
- 8:37essentially, right? I want them to buy
- 8:38that, and we'll just watch these closes
- 8:41to see how she goes. Should be, you
- 8:43know, better odds to be bullish, right?
- 8:44Here we go. Rip it. Let's go, baby. Can
- 8:46we make it? 4 days in a row on the open,
- 8:49hopefully.
- 8:50Take another. Take another.
- 8:56Hopefully.
- 8:58Scale these gains. Scale these gains.
- 9:00Come on, buy it. Buy it. Buy it. Yeah,
- 9:02let's go. Rip it. Let's go. We need that
- 9:045-minute close. COME ON, BOYS.
- 9:08>> [laughter]
- 9:10>> THIS WILL BE 4 DAYS IN A ROW. 4 days in
- 9:12a row. Perfect execution, baby.
- 9:17Let's go, baby. Get that close. Nice.
- 9:19Good close. Failed to Failed to lose
- 9:20that. Should be relatively bullish,
- 9:22hopefully. Oh, man. Come back down.
- 9:25Maybe they re-enter, buy off here again,
- 9:27maybe. Here's the thing, dude. Like,
- 9:29it's
- 9:30I'm pretty I'm
- 9:31I'm I'm pretty confident with this. Not
- 9:35as confident as I was the whole past
- 9:36three three days, Friday, Saturday
- 9:39Friday, Sunday, Monday. Uh but should be
- 9:42pretty confident at least to I thought
- 9:44at least to hit these highs. They'll buy
- 9:46right here. Yeah, they'll buy right
- 9:47there.
- 9:48And then they'll come to this high.
- 9:50We'll see we'll see the reaction off
- 9:52that level. Uh we'll see the reaction
- 9:53off this top. Hopefully it gains it.
- 9:57Um nice coming up as 5-minute closes.
- 10:005-minute might be bullish again,
- 10:02hopefully. Nice friend profit. 4 days in
- 10:05a row. I don't think we might bang the
- 10:07very open.
- 10:09Let's close this stupid one.
- 10:11Okay, nice reaction off that. Should
- 10:13continue up. Okay, I think that's it.
- 10:15This is that that's it. I'm pretty sure
- 10:17I'm pretty confident now that that is
- 10:19going to be the move that rips us up.
- 10:21Pretty confident now that we're going to
- 10:22hit our target, okay? At least the
- 10:24target, I think. At least the target, I
- 10:26think. Okay, so technically we've just
- 10:28Technically we're just hitting the new
- 10:30highs now. Okay, this looks solid.
- 10:32Definitely want don't want to go too far
- 10:33with today, I don't think, cuz there is
- 10:35all this resistance up here.
- 10:36>> 5 million funded account.
- 10:38>> I own Maven, bro. Okay, let's go. Should
- 10:40hit it. Let's go. Easy. Easy money.
- 10:42Every day, dude. Every day on the open.
- 10:44I literally only need to do 5 minutes a
- 10:46day. And then I That's like that's
- 10:48should be my job. 5-minute work day. You
- 10:50know the 4-hour work work week? No, I do
- 10:52the 4-hour work day. 4-hour work day,
- 10:54bro. In and out. In and out. 9:30 to
- 10:569:34. Rich dad versus ultra rich dad.
- 10:59Didn't quite hit what I want yet. But
- 11:01exactly what I said. Every day. That's
- 11:03all they targeted. That's all they
- 11:04targeted. I think we need to
- 11:06>> And that's done then.
- 11:07>> Close one of them. Looks like they are
- 11:08selling it off a bit here. But I think
- 11:10we could potentially let it That's what
- 11:12I was saying, right? Like literally just
- 11:14that level, right? That's the target.
- 11:15Let's see if this one runs a little bit
- 11:17further. I think it might go a bit
- 11:18further. I'll let some run. We'll let it
- 11:20go for Okay, so we hit the target. We're
- 11:22going to let it We're going to let it
- 11:23run cuz it might just might just go a
- 11:25bit higher. Let it run a bit. Let's go.
- 11:28We'll let it run a bit. It might just
- 11:29blow go all this cuz it's kind of shaky.
- 11:31I'm not sure where it'll go to. Let it
- 11:33run a bit. Let's go. Everyday 4-minute
- 11:36work day, bro. 4-minute work day.
- 11:38Already closed out half.
- 11:39>> And uh I could literally start learning
- 11:42about this strategy on um on YouTube and
- 11:44flip.
- 11:45>> YouTube, bro. Boom. That's the trade.
- 11:47Closed orders. 4-minute work day. Two
- 11:50two candles, bro. You guys know that I
- 11:52that I stream every day, but I stream in
- 11:54the afternoon. Thanks for the free
- 11:55money, Chris. You're welcome, my guys.
- 11:57If you guys have been watching for the
- 11:58past week, you would have only won
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