US30 5 Min Scalping - Live Trade I Took This Morning — Transcript

Full transcript

1. 0:00good morning everybody i just wanted to
2. 0:03give you a quick rundown of what i was
3. 0:06looking at here on us 30.
4. 0:08um yesterday as you guys know the market
5. 0:10just took a big fat dump and
6. 0:13i
7. 0:15had a bearish bias
8. 0:17but while these moving averages were
9. 0:19kind of
10. 0:20i didn't really want to touch it um
11. 0:23but then i got the three-line strike to
12. 0:25the downside i looked left
13. 0:28and figured if i put my stop loss above
14. 0:31here where this little wick was i'd be
15. 0:33safe and then with a 1 to 1.5 i was
16. 0:36basically hitting the middle of this
17. 0:38range which i felt really comfortable
18. 0:40with because i didn't want to target the
19. 0:41absolute low points because
20. 0:44it's hard sometimes sometimes it just
21. 0:46like barely gets there and keeps these
22. 0:47people stuck
23. 0:49so what i also did um besides my three
24. 0:52confluences you know like
25. 0:55bearish three-line strike all the moving
26. 0:57averages lined up there's the 200 the 50
27. 0:59and the 21.
28. 1:01um what i also did was
29. 1:04change it to high kanashi candles
30. 1:07and as you can see when i got that
31. 1:09signal
32. 1:10um the candle started you know forming
33. 1:14bearish no tops and that's like really
34. 1:16strong momentum
35. 1:18so that gave me another bit of
36. 1:20confluence to
37. 1:22enter the trade
38. 1:23um
39. 1:24i don't really like one to 1.5 because
40. 1:28it sucks
41. 1:29but
42. 1:30because the range was like right there i
43. 1:32didn't want to push it i could have
44. 1:34gotten the one to two obviously
45. 1:36but i didn't want to risk it especially
46. 1:38it being pre-market so
47. 1:41yeah
48. 1:42like
49. 1:42basically it hit take profit when uh
50. 1:46when frankfurt opened
51. 1:48uh 20 minutes ago so
52. 1:50yeah that's my trade for the day that's
53. 1:53that's all i need
54. 1:55don't over trade
55. 1:57make sure you have a stop loss make sure
56. 1:59you're using the risk calculator because
57. 2:00it's literally
58. 2:02like if i had that when i was
59. 2:03starting out i would have never blown
60. 2:05accounts because it automatically makes
61. 2:07a stop loss so
62. 2:09yeah
63. 2:10screen shots are in testimonials