This Trading Strategy Changed My Life — Transcript
Full transcript
- 0:00My trading strategy is super boring, but
- 0:01it's literally the only thing that I've
- 0:02found to work over 12 years of trading
- 0:04and has got me funded multiple times.
- 0:06So, here it is in a few easy steps. Step
- 0:08number one is to go onto a higher time
- 0:09frame like the 1 hour or 4 hour chart
- 0:11and just look if we are in a general
- 0:13uptrend or general downtrend. In this
- 0:15case, we are in a general uptrend,
- 0:16right? So, we should be only looking for
- 0:18longs. Then, what we want to do is jump
- 0:19down to the smaller time frames like the
- 0:211 to 5 minute time frame. And now, we're
- 0:23looking for what I call order zones.
- 0:25Basically, where are the most amount of
- 0:26buy orders sitting? The two concepts
- 0:28that help you with this are going to be
- 0:29liquidity sweeps and supply and demand
- 0:31zones. So, what I do is I look for the
- 0:33strongest areas of liquidity. In this
- 0:35case, it's going to be this low right
- 0:36over here. And then I'm going to look
- 0:38for a demand zone. You can see right
- 0:40over here. Why? Because it was the point
- 0:42of consolidation before we saw that
- 0:44massive move higher. Now, we wait for
- 0:46some sort of confirmation that this zone
- 0:47is going to hold. Usually, I like to go
- 0:48down into a one minute time frame. And
- 0:50you can see on the 1 minute time frame,
- 0:52we get this nice strong candle here.
- 0:53Could you enter at the close of this
- 0:55candle? Yes. But usually I like to enter
- 0:56in the zone just to keep my
- 0:58risk-to-reward good. But for this
- 0:59example, let's just say we enter on the
- 1:01close of this one minute candle and put
- 1:03our stop loss at the low. The final step
- 1:05is to target the next obvious level of
- 1:07liquidity. So in this case, it's going
- 1:08to be these highs right up here. And
- 1:10let's see how it plays out. Also, this
- 1:13isn't just a hindsight thing. I
- 1:15literally sent these two levels for free
- 1:16in my Discord. You can see right here.
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