Do This Every Morning To Make Easy Money ($400/day)
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- čas přidán 5. 09. 2024
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Disclaimer: The content of the videos on this channel is for educational and entertainment purposes only and should not be construed as financial advice. The creator of the videos is documenting their trading journey, and the ideas and inspiration presented should not be taken as a guarantee of success in your own trading journey. Please remember that investing and trading involve risk, and any decisions made based on the content presented are solely your responsibility.
i generally don't comment on youtube videos, but when someone provides real knowledge, i cant help but appreciate. thanks again sir
After backtesting months and months and live trading this strategy: I learned this:
1. Use DXY for direction confirmation.
2. If unclear, choppy, or ranging direction, be open to look for both long and short opportunities.
3. Sometimes the 4H open and close are so far apart from each other, use lower tfs like 1H to draw your TP and SL range boxes.
4. Look for H&S and iH&S pattern. ICT calls this MSS I think?
honestly, this is the best video, thankyou very muchh tom!! i'll be back to this comment section when i'm making 6 figures!
i'm starting with 10$
I had the same idea
Guess we both gonna be around
U better comeback with good news !
@@dyvaraihan516 LMAO, I hope you are able to flip that $10 to $100,000.
What's your progress?@@dyvaraihan516
Theres probably less than 5 traders id say their content is genuinely valuable and helpful because of the detail and depth and this video alone it has taken me 8 years of my journey to arrive to this same type of setup on a different pair at a different time... but this is beyond gold and it's truly worth committing to memory and if that ain't an unsponsored ad then idk what is lol.
Hello sir, could you tell us which other pair. And what time would that be to test it. thank you
I am doing the same with 4H and 5 Min trying to predict the next 4H candle direction and getting entry on 5 Min. very high win rate for me
How much win rate do you get n R:R did you take
Can we study that strategy together?
How do you determine the direction biased on 4hr candle?
Sorry guys I don't offer mentorships as I'm still not consistent enough. And I will feel bad if someone took my advice and lost. But here is the Idea, Backtest it extensively then decide if it works for you or not.
The 4H candles to use are between pre London till the end of the London session.these have highest liquidity per day.
Once the 4H candles closes you have to determine your bias biased on the clouser and the structure of the timeframe. This will give you the direction for the next 4 hours. Just go down to 5 min look for entry once it aligns with your bias. It can be OB,FVG,iFVG, Breaker, support and resistance, whatever suits you. Once entered just keep watching the 4 hour candle unfold into your chosen direction.
I usually take 1:1 and 1:2 if the setup allows it.
Don't keep tight SL.give yourself the room to manage the trade.
If you want me to explain it by vidoe just hit me up.
@@DprasFX 1:1 but seeing most trades goes for 1:3 now thinking of adjusting the RR or change my risk management style to maximize
Please can you make a video on how to properly use your trading journal?
Thanks brother for making this video. Was eagerly waiting for this individual session video
Love the video. More like the AMDX on a smaller time frame. Didn’t know there was a lot of volume on gold during this time of day.
there is, overall now because real gold is not on London or NY, it is chinesse who has the real gold
great content but please make your chart background lighter so its easy to see
broooo! i didnt expext you tell us your strategy😁😁😁❤❤🙌
Great video! What are you buying though? Are you buying contracts such as futures or options or just straight up gold?
Thanks Tom You Gives Us Hope God Bless you More I've Always Watch Your Journey in Instagram since then🙏♥️
Hi, if there is no pullback or very small pullback after 1m mss and the price just rally in some case, do you just stay out of the trade?
good stuff, this is a derivation of Malasyan (Alchemist) applied on 2 first asian hours , nice video , thx
Should I always trade with the trend?
Price action 👑
hey tom I clicked on the broker link and the website doesn't load up is there anything going on with the broker ?
Does Daylight savings changes affect this strategy ?
Literally what trader community needed ❤
what's the Indian time ,of your strategy?? please please
6.30am 2nd hr of asia
thank you so much, i really appreciate your strategy and explanation. been following u since u started 20 - 200k challenge~! i will coment here again when im profitable trader, wish me a luck :D
Can you place sl and tp in metatrader like he did in the vid or do i Need to manually out in the pips?
Thanks bro honestly
THE VALUE!!!!!
does this work on EURUSD?
I dont think it would be confortable for me to trade with such low rr
Yup me to, and pips is small also, usually got 100-200 pips per swing trade
Do you trade any other sessions?
how did you make this bro? its amazing🙃⚡⚡⚡💯💯💯
I trade asia too
And you help me avoid mistakes now !! thank you !
Can you tell us on which time zone are you ? Cause we are not on the same and you talk about 11am ? but which time zone please
He said Australian Eastern Standard Time in the beginning of the video
@@Mrkoppfx thanks I saw the UTC+10 on this TradingView 🤣
This is very beneficial for me Being a Busy Indian ❤. Now I can trade 6am IST. Thank you Tom✨
hello brother can u pls tell me if youre getting high enough winrate
@@varunpatil4693Brother I need to backtest and forward test before any conclusion. The moves occur every morning from 6:15 am to 7:30 am. I am a busy college student and couldn't day trade. But I hope this Asia open strategy will help me in my trading journey. According to tom, this strategy has a 83% winrate with atleast 1:1.15 RR.
What broker do you use to trade the Asian session I trade just gold
secong hour of asia session
Great knowledge❤
How many pips u target per each trade?
what are the setting for the ict htf candle indicator ?
Leave in custom settings! No need to change
amazing content
London session timming?
I'm trying to develop a similar strategy but trading crypto on ny session, thanks man
❤
whens the second hour of asia session in london
2am bro
Go to google and search up: forex market hours babypips. It's a very useful tool.
A FELLOW AUSSIE?
Plz set to Hindi language
Ni di indo jam wib brp y
4 hr pertama itu jam 6-10 pagi, nyari entrinya berarti dari jam 10 itu
❤