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This DMC Market Open Strategy Is Too Easy — Transcript

by Dumb Money Hunter | Maven Founder · 2,502 words · 361 segments · language en · Watch on YouTube

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  1. 0:00The DMC market open strategy might be
  2. 0:02the best strategy I've ever come up with
  3. 0:03to help you guys in a simple form to
  4. 0:06make you money. Now, most traders think
  5. 0:07you need to be sitting for an hour a
  6. 0:08day, 2 hours a day, taking trades, or
  7. 0:11even all day long. But, the reality is
  8. 0:12you only need to be sitting for 5
  9. 0:13minutes a day. I've been working on this
  10. 0:15strategy for a while, and I recently
  11. 0:16tested it while traveling through Miami
  12. 0:19and Puerto Rico trading the market open.
  13. 0:20I sat down for maximum of 5 minutes per
  14. 0:23day, and I made three or four grand per
  15. 0:25day. This is a strategy that I've also
  16. 0:26used at home, but because of the time
  17. 0:28zone, I generally don't like to wake up
  18. 0:29for market open. Here's a synopsis. You
  19. 0:31look at [music] the hourly candle before
  20. 0:34the market open. So, 9:00 a.m. candle,
  21. 0:36you look at the hourly close, and then
  22. 0:38you will use dumb money concepts to
  23. 0:40determine where is the direction of the
  24. 0:43next move on the hourly. With 90%
  25. 0:46certainty, dumb money concepts tells you
  26. 0:48the very next direction with the next
  27. 0:49one or two candles. So, in essence,
  28. 0:51[music] 90% means you're not really
  29. 0:53predicting anymore. You know the move.
  30. 0:55This video is going to break it down in
  31. 0:56full and show you live examples so that
  32. 0:58you can see me doing this in real time
  33. 1:00just a few minutes per day. No
  34. 1:02hindsight, just the straight process.
  35. 1:05I wanted to show you quickly how we
  36. 1:08start off here. We're going to be
  37. 1:09trading the Nasdaq. It looks pretty
  38. 1:11clean today. Let me show you a strategy
  39. 1:13for market open and pre-market. What you
  40. 1:14do is you look at the hourly candle on
  41. 1:18the open. So, what you've noticed is we
  42. 1:20failed to make a new high on the hourly.
  43. 1:22So, what did they do? They literally
  44. 1:24just retested that level, and then now
  45. 1:25they're coming back down, okay? That's
  46. 1:27it. They're coming back down here. So,
  47. 1:28we want to be we want to be bullish also
  48. 1:30cuz they also failed this level. We want
  49. 1:32to be bullish on this zone here, and we
  50. 1:33want to be bearish on that zone in the
  51. 1:35open, okay? Yesterday, for example, you
  52. 1:36gained that level, so it spiked up,
  53. 1:38okay? And the day before, the day
  54. 1:40before, you could say, "Hey, they
  55. 1:41bounced off that level, so they went up
  56. 1:43on the open, okay?" That's it. You
  57. 1:44literally look at the hourly, right? And
  58. 1:46so, you can see they failed it, so
  59. 1:48they're coming back down, and they're
  60. 1:49filling these orders now, okay? So,
  61. 1:51that's literally all we need to look at.
  62. 1:52We're looking at the five now, and I
  63. 1:54want to see a five close back within
  64. 1:56here, okay? And uh they might reject
  65. 1:59further. I'm not sure. What I'd like to
  66. 2:01do is pick up a buy here maybe. We might
  67. 2:03get some volatility on the open, but I'd
  68. 2:05like to pick up a buy on these lows. The
  69. 2:07London lows would be nice. Because
  70. 2:08overall, pretty bullish still. So,
  71. 2:11London lows would be my buy. So,
  72. 2:13probably let's go here.
  73. 2:22Okay, we'll probably
  74. 2:25and we'll try to pick up a couple.
  75. 2:28Maybe like that, and okay.
  76. 2:31And we'll see if we can pick up those
  77. 2:32orders, right? Pick up those orders on
  78. 2:34the open. Quick spike down hopefully.
  79. 2:36Actually, I'm going to um I'm going to
  80. 2:38cancel that one and only take this low.
  81. 2:41And then we'll wait for reactions
  82. 2:42actually. We'll wait for a reaction cuz
  83. 2:44I'm not certain. So, I'd rather take a
  84. 2:47I'd rather I'd rather shoot for
  85. 2:50I'd rather shoot for a better trade if I
  86. 2:52can. Actually, this gained.
  87. 2:55This This regained. So, we're going to
  88. 2:57um
  89. 2:59We're going to take a long right now
  90. 3:00actually.
  91. 3:02We're going to take a long right now.
  92. 3:04Um
  93. 3:06cuz we just regained there. We're going
  94. 3:08to take a long to the next high
  95. 3:10actually. The reason being is because we
  96. 3:13okay. So, we have this range lock. We've
  97. 3:15already satisfied the down move, right?
  98. 3:18So, we want to be buying in this area
  99. 3:19roughly. We already kind of explained
  100. 3:21that. We regained the zone. So, we're
  101. 3:23going to be going for a new high, okay?
  102. 3:25That's it. We're just going for the new
  103. 3:26high, and we're going to put a stop
  104. 3:29uh basically
  105. 3:32somewhere.
  106. 3:34We'll do like this, right?
  107. 3:38Okay.
  108. 3:39That's what we're doing. Let's go. Okay,
  109. 3:41that should That should spike up on
  110. 3:43open. We're getting some bounce, right?
  111. 3:45This is going to This is going to rip
  112. 3:46up. It's just going to rip up on open.
  113. 3:48It's just going to rip up. Look at this.
  114. 3:49It's It's going to rip up. Look at this,
  115. 3:51boys. That's all it's going to do. It's
  116. 3:52just going to go straight up. Hey, rip
  117. 3:54up. Let's go. Come on, baby. I told you,
  118. 3:57right on open. Hey, I got to I got to
  119. 3:59move I got to move to the East Coast,
  120. 4:00bro. I got to move to the East Coast so
  121. 4:02I can start trading the open cuz I'm
  122. 4:03[ __ ] good at the open, all right? I'm
  123. 4:05really good at the open. I'm really good
  124. 4:07at the open. Do you see this? [ __ ]
  125. 4:09clean, baby. Pow, let's go. Let's go.
  126. 4:14Clean. Right on just How did he know?
  127. 4:17How did he know? How did he know we'd go
  128. 4:19down enough? Like literally the
  129. 4:21premarket we told you come down here.
  130. 4:22Let's go straight up, baby. Let's go.
  131. 4:25>> [laughter]
  132. 4:27>> Let's go,
  133. 4:28dog.
  134. 4:30Okay, wait wait wait wait.
  135. 4:31Just straight up. Just straight up.
  136. 4:33Let's go.
  137. 4:35Is it going to reject there?
  138. 4:38No, it's going to go.
  139. 4:40It's going to go. Let's go. Come on,
  140. 4:42little more.
  141. 4:45Just keep gaining on, baby. Keep
  142. 4:46gaining.
  143. 4:48What we got to do is probably trail
  144. 4:50that. Hey, we're going to trail the stop
  145. 4:52now.
  146. 4:53Okay, we didn't need that. We knew we
  147. 4:55didn't need that, but we can just start
  148. 4:56trailing it, right?
  149. 4:581 minute. Like people say don't trade
  150. 5:00the 1 minute. I would I would agree with
  151. 5:02them. A lot of people say trade the 1
  152. 5:03minute. I would I would disagree with
  153. 5:05them, but I'm doing it. I'm going to do
  154. 5:06it anyways.
  155. 5:07>> Market just got bling blinged.
  156. 5:09>> Bling bling, [ __ ]
  157. 5:12Told you, straight up, baby. You
  158. 5:13straight up on open.
  159. 5:16This like This is like literally This
  160. 5:18literally all you need. This is the
  161. 5:20strategy. I told you guys I told you
  162. 5:22guys on the open.
  163. 5:24I told you on the open this is what's
  164. 5:25going to happen. This is the strategy.
  165. 5:27This works nearly 100% of the time,
  166. 5:29okay? Nearly 100% of the time.
  167. 5:33And I just proved to you straight up,
  168. 5:35straight to target. Let's go. It's going
  169. 5:36to gain one more. It's going to gain one
  170. 5:38more and then we're going to close this
  171. 5:39out. Look at this go.
  172. 5:41You only You You only need to trade 3
  173. 5:43minutes a day, dude. 3 minutes I mean
  174. 5:46going to I just close this 1,000 bucks 3
  175. 5:48minutes?
  176. 5:49>> [laughter]
  177. 5:53>> [ __ ] hell, dog.
  178. 5:55I want to close it. I want to close I'm
  179. 5:57going to 5-minute 5-minute day. Wait, I
  180. 6:00want to close it in in What are we at
  181. 6:02here? Let's go.
  182. 6:04Rippity dippity do, baby.
  183. 6:061,300 bucks, let's go. Let's go. Let's
  184. 6:09go. There we go. Okay.
  185. 6:11Boom, close it. 1,500 bucks.
  186. 6:151,500 bucks 4 minutes. That's it. That's
  187. 6:17how you do it, bro.
  188. 6:18[ __ ] yeah. Like literally, that's all
  189. 6:20you need to do. That's all you need to
  190. 6:21do. Game Game's over. That's the day.
  191. 6:24Walk away.
  192. 6:26Go spend your Go spend your wealth. That
  193. 6:29was only one lot, too. That was only one
  194. 6:31lot. That was only one contract. 1,500
  195. 6:33bucks, easy.
  196. 6:35So, we're going to go long on Nasdaq.
  197. 6:39We got the Nasdaq. Pretty easy. 1 hour
  198. 6:41failed to make a new low. We've been
  199. 6:42ranging. Overall market is bullish. So,
  200. 6:44most likely it's going to do what it
  201. 6:45could pump down to this new low on the
  202. 6:48open so we can add more there if we
  203. 6:49want. So, we do We don't want to over
  204. 6:51risk right now. But right now we
  205. 6:53regained this move to the high. So, I
  206. 6:55believe on the open they're going to
  207. 6:56just pump it up. This is probably what's
  208. 6:58going to happen, but I think we all I
  209. 7:00think we go straight up, bro. Let's go,
  210. 7:01baby. Let's go.
  211. 7:03>> Bling bling.
  212. 7:04>> Bling bling. Yeah, boys. On the open
  213. 7:07immediately. We're doing this what 2
  214. 7:08days in a row. Oh, we're going to hit
  215. 7:09TP, bro. We're going to hit TP. Let's
  216. 7:11go. Go. I got to close out out right
  217. 7:13there. Okay, 3,000.
  218. 7:15Uh I just want to see here. I think on
  219. 7:17the open it We're going to
  220. 7:19So, if anyone's watching right now,
  221. 7:21we're just minor a minor long right now.
  222. 7:23So, what I what I see is it just
  223. 7:24regained this. They're just They're just
  224. 7:26buying off that level there. Ideally, it
  225. 7:28comes down to this one, right? They
  226. 7:30regain this. All All I All I'm targeting
  227. 7:32is like a quick little scalp, right? On
  228. 7:34the open, just a new high here. So, it's
  229. 7:36like a It's like a really low R. Really
  230. 7:38low R, but I want to enter down here,
  231. 7:40honestly. I want to enter there. Get
  232. 7:42this trade, right? This is what I want
  233. 7:43to do. So, we're just going to literally
  234. 7:45just shoot for this new high. TP here,
  235. 7:48stop loss, right? And then we'll add
  236. 7:50more here. Let's go. On the open, we'll
  237. 7:53add more here.
  238. 7:54Hopefully, just see if it That's where I
  239. 7:56want to add. Hopefully, they bounce
  240. 7:57right there, but maybe not, cuz they do
  241. 7:59need to They do need to hold that level,
  242. 8:01right? This is literally all they did is
  243. 8:03regain this. So, they want to buy it
  244. 8:05here, if anything. See what's streaming
  245. 8:06the stream already here. That's the only
  246. 8:08trades I want to take. [ __ ] y'all. DMs
  247. 8:10See, let's go. Let's see if we can Let's
  248. 8:11see if we can rip on the I think it
  249. 8:13comes down, and then bounces here, and
  250. 8:14then goes up, hopefully. If anyone is
  251. 8:16jumping in right now to these trades,
  252. 8:18buy up right here. Buy, buy, buy. Let's
  253. 8:20go. Let's rip it up, baby. Watch this
  254. 8:23first 5-minute candle, see how it
  255. 8:24performs. H4 loss. H4 Yeah, way up here,
  256. 8:28though. It doesn't really matter. Super
  257. 8:30crazy bullish, and what we're looking at
  258. 8:31is this hourly candle, right? The hourly
  259. 8:33candle regained. So, I want them to buy
  260. 8:35this this level right there,
  261. 8:37essentially, right? I want them to buy
  262. 8:38that, and we'll just watch these closes
  263. 8:41to see how she goes. Should be, you
  264. 8:43know, better odds to be bullish, right?
  265. 8:44Here we go. Rip it. Let's go, baby. Can
  266. 8:46we make it? 4 days in a row on the open,
  267. 8:49hopefully.
  268. 8:50Take another. Take another.
  269. 8:56Hopefully.
  270. 8:58Scale these gains. Scale these gains.
  271. 9:00Come on, buy it. Buy it. Buy it. Yeah,
  272. 9:02let's go. Rip it. Let's go. We need that
  273. 9:045-minute close. COME ON, BOYS.
  274. 9:08>> [laughter]
  275. 9:10>> THIS WILL BE 4 DAYS IN A ROW. 4 days in
  276. 9:12a row. Perfect execution, baby.
  277. 9:17Let's go, baby. Get that close. Nice.
  278. 9:19Good close. Failed to Failed to lose
  279. 9:20that. Should be relatively bullish,
  280. 9:22hopefully. Oh, man. Come back down.
  281. 9:25Maybe they re-enter, buy off here again,
  282. 9:27maybe. Here's the thing, dude. Like,
  283. 9:29it's
  284. 9:30I'm pretty I'm
  285. 9:31I'm I'm pretty confident with this. Not
  286. 9:35as confident as I was the whole past
  287. 9:36three three days, Friday, Saturday
  288. 9:39Friday, Sunday, Monday. Uh but should be
  289. 9:42pretty confident at least to I thought
  290. 9:44at least to hit these highs. They'll buy
  291. 9:46right here. Yeah, they'll buy right
  292. 9:47there.
  293. 9:48And then they'll come to this high.
  294. 9:50We'll see we'll see the reaction off
  295. 9:52that level. Uh we'll see the reaction
  296. 9:53off this top. Hopefully it gains it.
  297. 9:57Um nice coming up as 5-minute closes.
  298. 10:005-minute might be bullish again,
  299. 10:02hopefully. Nice friend profit. 4 days in
  300. 10:05a row. I don't think we might bang the
  301. 10:07very open.
  302. 10:09Let's close this stupid one.
  303. 10:11Okay, nice reaction off that. Should
  304. 10:13continue up. Okay, I think that's it.
  305. 10:15This is that that's it. I'm pretty sure
  306. 10:17I'm pretty confident now that that is
  307. 10:19going to be the move that rips us up.
  308. 10:21Pretty confident now that we're going to
  309. 10:22hit our target, okay? At least the
  310. 10:24target, I think. At least the target, I
  311. 10:26think. Okay, so technically we've just
  312. 10:28Technically we're just hitting the new
  313. 10:30highs now. Okay, this looks solid.
  314. 10:32Definitely want don't want to go too far
  315. 10:33with today, I don't think, cuz there is
  316. 10:35all this resistance up here.
  317. 10:36>> 5 million funded account.
  318. 10:38>> I own Maven, bro. Okay, let's go. Should
  319. 10:40hit it. Let's go. Easy. Easy money.
  320. 10:42Every day, dude. Every day on the open.
  321. 10:44I literally only need to do 5 minutes a
  322. 10:46day. And then I That's like that's
  323. 10:48should be my job. 5-minute work day. You
  324. 10:50know the 4-hour work work week? No, I do
  325. 10:52the 4-hour work day. 4-hour work day,
  326. 10:54bro. In and out. In and out. 9:30 to
  327. 10:569:34. Rich dad versus ultra rich dad.
  328. 10:59Didn't quite hit what I want yet. But
  329. 11:01exactly what I said. Every day. That's
  330. 11:03all they targeted. That's all they
  331. 11:04targeted. I think we need to
  332. 11:06>> And that's done then.
  333. 11:07>> Close one of them. Looks like they are
  334. 11:08selling it off a bit here. But I think
  335. 11:10we could potentially let it That's what
  336. 11:12I was saying, right? Like literally just
  337. 11:14that level, right? That's the target.
  338. 11:15Let's see if this one runs a little bit
  339. 11:17further. I think it might go a bit
  340. 11:18further. I'll let some run. We'll let it
  341. 11:20go for Okay, so we hit the target. We're
  342. 11:22going to let it We're going to let it
  343. 11:23run cuz it might just might just go a
  344. 11:25bit higher. Let it run a bit. Let's go.
  345. 11:28We'll let it run a bit. It might just
  346. 11:29blow go all this cuz it's kind of shaky.
  347. 11:31I'm not sure where it'll go to. Let it
  348. 11:33run a bit. Let's go. Everyday 4-minute
  349. 11:36work day, bro. 4-minute work day.
  350. 11:38Already closed out half.
  351. 11:39>> And uh I could literally start learning
  352. 11:42about this strategy on um on YouTube and
  353. 11:44flip.
  354. 11:45>> YouTube, bro. Boom. That's the trade.
  355. 11:47Closed orders. 4-minute work day. Two
  356. 11:50two candles, bro. You guys know that I
  357. 11:52that I stream every day, but I stream in
  358. 11:54the afternoon. Thanks for the free
  359. 11:55money, Chris. You're welcome, my guys.
  360. 11:57If you guys have been watching for the
  361. 11:58past week, you would have only won

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