Just make sure there’s liquidity in the legs you’re waiting for a pullback on. Liquidity is basically a pullback and new internal low formed. Great stress free way of trading
Thanks for sharing Paul, I’m trading head and shoulders a lot but 90% in the long run (>500 trades) consistently, respect - I didn’t achieve this! How do you measure 90%? 1. With a 90% chance it will pull back? 2. With a 90% it will pull back and continue in this way, but how far? 3. with a 90% it will pull back back and comes back to the last swing 4. with a 90% it will pull back take out the low and continue further 5. with a 90% it gives me at least a 1:1 risk:reward? So what I mean the 90% says nothing to me if not clearly defined. If it pulls back and then goes 2 pips in the direction and turns we still could argue those 2 pips are the 90% :) P.S. this pattern is even more than a H&S it’s a Quasimodo
Probably the best video I’ve seen explaining this. Paul, which pairs work best with it? Also I primarily trade futures with ES NQ YM do you know what kind of percentages work on these?
@@TradeForexwithPaul futures would be awesome, was in your group for a good few months and enjoyed it but left when switching over to futures. If you had enough demand or interest to start trading futures yourself I'd likely rejoin!
Great content Paul. I don't know if I missed something, but could you please record a video how you analyze BOS/ChocH on the chart. You have a slightly different apprach then I learn before. Probably I understand based on this video, but it will be great if you one again do some materiał with this concept on the real chart.
Great video again. If I understand the video correctly the 90% are taken from the fact that after choch there is a 90% prob. That bos accures? And a bos after the first bos is 70% likely? Thanks for the input mate!
At the moment points of interest but I have provided a video on how to use them and use the markup as you would a signal - it's regulation in the UK - if I can get round it, I will. Also, updating the way and frequency they are done in the coming days
One tip , please remove the music in the background. At least while you are talking, The music is really annoying when one tries to listen what you are saying.
Hi Paul I'v been trading 15m CHOC only trades on EU and GU for the past 5 months and it is profitable if executed correctly. However your numbers are a lot different to mine: I only trade the initial choc not the follow on and in my live and backtesting it's something like 55% win rate targeting just 1:3. Are you seriously saying that on the 15m, choc followed by Bos happens 90% of the time or have I misunderstood? I have it somewhere around 66% and this is only for choc in the direction of the higher timeframe BOS. I gave up including counter trend chocs as they often led to another choc
TBF going through my numbers again and I'm actually just counting whether after a choc break the new choc line holds or not. So a wick break of that new choc line I'm counting as a failure as that is a loss if you use the extreme as an entry. At certain times of the year and on certain pairs getting wicked out or those new choc lines failing to hold is more common than I'd like hence why overall I'm struggling to get above 50-60% win rate and to do that I'm axing pairs all the time to the point I'm just on EU and GU now. I only get around 20 trades a month with these 2. I'd love to have just one more pair to trade or reliably get my win rate above 60%. What are you and your people getting in terms of win rate, RR and trade frequency?
@@joshuaferrara9125 Hi mate. Experienced very similar situation here with taking on too many pairs! I'm at a bit of a loss with where to go with it all but I like the sound of your data crunching. 50% win rate on a 3R trade is enough for me, by far. Care to discuss some of your data further?
@@cluelesscapitalgroup Yea man absolutely. Gimme a DM if you like. I agree that 1:3 50% winrate is theoretically enough although ideally I’d like to take around 30 trades a month to satisfy my urges. My problem is still in just simply executing the strategy correctly live and being present at the charts for rough trades. So I’m my mind if I can give myself a 10-15% winrate buffer and have more than enough opportunities per week then it won’t matter too much if I miss some and mess up some. Currently I’m still hovering around 40% win rate which is profitable but it do not like the long losing streaks- they are bad for my psychology
@@cluelesscapitalgroup yea man by all means gimme a DM. I’m no expert though. My backtesting stats are really promising but the samples are quite small as I’m trying to collect say 50 trades on each pair for now and find my perfect trio. It’s taking me a long time as I’m doing it bar by bar and there’s plenty more to do. Executing competently is the main slipping point with me which is why I’m aiming for theoretically high stats so that I have a buffer for mistakes and missed trades
@@TradeForexwithPaul could you tell me only technical analysis enough for Long term consistent profitable? If anyone maintain all kinds of good habits and discipline it is possible to profitable with only technical analysis?
Great video, the odds are nuts with this strategy. I'd highly recommend a bit of back testing to see for yourself. It's a real eye opener. I was lucky enough to win a few weeks with FTR and I know Paul doesn't like to plug it but I want to shout out these guys. Amazing community. Amazing education. Amazing results. Thankyou @Paul and the team.
All the youtube furus are living off mentorship programs, monthly sub fees, lame courses. ”We are providing you free vids on youtube, man” . No, you are advertising yourself otherwise who would buy your course?!😂
Funnily enough, I'll be providing access to my charts soon and less so the community access due to my time constraints. Don't put me in the same box as the clowns who can't trade.
@@TradeForexwithPaul First define your strategy, and ill gladly code it up and test it. Your video doesn't define anything. Do you define a swing as a bar with lower highs on each side for downtrend and higher lows on each side for uptrend? If thats the case where is your entry on the retracement? at 50%, 75% 90% etc. deep? Order block or FVG? I can code any if this up.
@@visla84he’s fos bro. Hindsight master at work, lining his pockets with newbies money. It’s better they actually lose it in the market, at least they would have learned something.
@@TradeForexwithPaul I have been in this game a while. Coded 1000's of strategies, finding an edge in the markets is extremely hard. Statistical, well defined edge, telling people to buy swing breaks on retracements has ZERO chance of profitability in long run. Essentially random distribution of results. How about them apples !!
LOL that is why you are swimming in money and not waste time on youtube videos for attention. Oh wait you are still doing videos looking for attention instead of swimming in money)
He doesn’t do it for attention. This is his business, it’s a form of marketing. Would love to see some broker statements backing up these claims, but of course he won’t. 😢
Too right I won't. Who in their right frame of mind will show the bank balance to some clowns who don't do the work only to blow up their own life for an ego boost. Really think about who you would want to show your statements to... or even better - who would you NOT want to see your wealth status. Safety is priority, especially to those who can't defend themselves, so if you want to benefit from the videos I create - just put the work in, like everyone else.
@@TradeForexwithPaul well, if someone is selling me something then u can guarantee I want to see their results, not their theories and hypothesis. Any real trading mentor shows u this. Example Tom Hougaard.
![Trading for Beginners [FULL COURSE] - Part 1 - MARKET STRUCTURE](http://i.ytimg.com/vi/hPfxGEauI-A/mqdefault.jpg)
Just make sure there’s liquidity in the legs you’re waiting for a pullback on. Liquidity is basically a pullback and new internal low formed. Great stress free way of trading
Fully agree. Thanks mate
Thank you for always trying to provide value :) ignore the people moaning about the price of your group
Thanks mate. I just toy with them. They don't understand free = useless / dick measuring contest free-for-alls.
Awesome content again paul. You deliver so much value. Thanks for sharing!
Thank you mate
Hi Paul, thanks for video - very good. Does this also work with gold?
Thanks a ton! By the way, do you still trade these if it's countertrend to the H4?
Yes mate. Can ignore the trend, but it will affect where you TP
Thanks for sharing Paul,
I’m trading head and shoulders a lot but 90% in the long run (>500 trades) consistently, respect - I didn’t achieve this!
How do you measure 90%?
1. With a 90% chance it will pull back?
2. With a 90% it will pull back and continue in this way, but how far?
3. with a 90% it will pull back back and comes back to the last swing
4. with a 90% it will pull back take out the low and continue further
5. with a 90% it gives me at least a 1:1 risk:reward?
So what I mean the 90% says nothing to me if not clearly defined. If it pulls back and then goes 2 pips in the direction and turns we still could argue those 2 pips are the 90% :)
P.S. this pattern is even more than a H&S it’s a Quasimodo
Probably the best video I’ve seen explaining this. Paul, which pairs work best with it? Also I primarily trade futures with ES NQ YM do you know what kind of percentages work on these?
Really appreciate it, thank you. I would assume so... quite a few people are suggesting futures to me atm. I need to learn it
@@TradeForexwithPaul futures would be awesome, was in your group for a good few months and enjoyed it but left when switching over to futures. If you had enough demand or interest to start trading futures yourself I'd likely rejoin!
@lildgamedev6885 happy days mate. I remember! Swear you were with us just last week! I'll be taking a look at it over the next few weeks:)
I've been cooked on forex on lower time frames, going to back test this. Thanks for sharing
Great content Paul. I don't know if I missed something, but could you please record a video how you analyze BOS/ChocH on the chart. You have a slightly different apprach then I learn before. Probably I understand based on this video, but it will be great if you one again do some materiał with this concept on the real chart.
He has made some videos about this you can see it on his channel
@@mateuszswiniarski4212 yeah 100% mate. Doing some screen recordings atm on live trades :)
Thanks Paul.
Thumbs up for this.👍
Thank you 🙌
Brilliant - thank you Paul!
Youre welcome! 🤗
Would you consider a wick on 15m enought for confirmation of Bos and ChoCh or you looking for body break like for higher TF ? thx!
Only BOS mate
This is 2022 ict model am i right ?
Great video again.
If I understand the video correctly the 90% are taken from the fact that after choch there is a 90% prob. That bos accures? And a bos after the first bos is 70% likely?
Thanks for the input mate!
Watch his previous video where he reveals some interesting stats about BOS and ChoCh. It will amaze you for sure!
i mean he covered the bos and choch in this and a previous video but he didn't talk about the zones to much i think the 90% comes more from the zones
Just gotta log the data you're testing and trading guys
It's called a Kings crown as well
@rubylively4958 that makes sense, nice
Are you providing some signals or “points of intrests?
At the moment points of interest but I have provided a video on how to use them and use the markup as you would a signal - it's regulation in the UK - if I can get round it, I will. Also, updating the way and frequency they are done in the coming days
whats the name of the indicator that you use? i cant seem to find it on trading view
Inside bar
@@TradeForexwithPaul thanks you think you can do a video with the settin gs you have? It be really helpful!
Yeah not a bad shout mate
from jamaica with love .could we get something cheaper to enter ftr ?
Working on something to help with this mate
One tip , please remove the music in the background. At least while you are talking, The music is really annoying when one tries to listen what you are saying.
Thank you. I try to cut out an annoying hissing sound on the mic
Hi Paul I'v been trading 15m CHOC only trades on EU and GU for the past 5 months and it is profitable if executed correctly. However your numbers are a lot different to mine: I only trade the initial choc not the follow on and in my live and backtesting it's something like 55% win rate targeting just 1:3. Are you seriously saying that on the 15m, choc followed by Bos happens 90% of the time or have I misunderstood? I have it somewhere around 66% and this is only for choc in the direction of the higher timeframe BOS. I gave up including counter trend chocs as they often led to another choc
TBF going through my numbers again and I'm actually just counting whether after a choc break the new choc line holds or not. So a wick break of that new choc line I'm counting as a failure as that is a loss if you use the extreme as an entry. At certain times of the year and on certain pairs getting wicked out or those new choc lines failing to hold is more common than I'd like hence why overall I'm struggling to get above 50-60% win rate and to do that I'm axing pairs all the time to the point I'm just on EU and GU now. I only get around 20 trades a month with these 2. I'd love to have just one more pair to trade or reliably get my win rate above 60%. What are you and your people getting in terms of win rate, RR and trade frequency?
@@joshuaferrara9125 Hi mate. Experienced very similar situation here with taking on too many pairs! I'm at a bit of a loss with where to go with it all but I like the sound of your data crunching. 50% win rate on a 3R trade is enough for me, by far. Care to discuss some of your data further?
@@cluelesscapitalgroup Yea man absolutely. Gimme a DM if you like. I agree that 1:3 50% winrate is theoretically enough although ideally I’d like to take around 30 trades a month to satisfy my urges. My problem is still in just simply executing the strategy correctly live and being present at the charts for rough trades. So I’m my mind if I can give myself a 10-15% winrate buffer and have more than enough opportunities per week then it won’t matter too much if I miss some and mess up some. Currently I’m still hovering around 40% win rate which is profitable but it do not like the long losing streaks- they are bad for my psychology
@@cluelesscapitalgroup yea man by all means gimme a DM. I’m no expert though. My backtesting stats are really promising but the samples are quite small as I’m trying to collect say 50 trades on each pair for now and find my perfect trio. It’s taking me a long time as I’m doing it bar by bar and there’s plenty more to do. Executing competently is the main slipping point with me which is why I’m aiming for theoretically high stats so that I have a buffer for mistakes and missed trades
Do you make video with example Most accurate orderblock entry and Exit example..... With combine fundamental checklist.....
@@MOn-wv3ph yes mate. Its in the group
@@TradeForexwithPaul where those videos? Link please
@@MOn-wv3ph they're in the discord server. Not on public youtube mate
@@TradeForexwithPaul where discord link?
@@TradeForexwithPaul could you tell me only technical analysis enough for Long term consistent profitable? If anyone maintain all kinds of good habits and discipline it is possible to profitable with only technical analysis?
Great video, the odds are nuts with this strategy. I'd highly recommend a bit of back testing to see for yourself. It's a real eye opener.
I was lucky enough to win a few weeks with FTR and I know Paul doesn't like to plug it but I want to shout out these guys. Amazing community. Amazing education. Amazing results.
Thankyou @Paul and the team.
Absolute legend - it's been nothing short of a pleasure. Couldn't have gone to a better guy. Your hard work is paying off mate 🙌🙌🙌
Sounding like a well versed salesman these days. Not surprised with a monthly fee of £125. Blimey.
£135 actually, but yeah - doing something about that.
Beats free and another 2 years of losing money though...
All the youtube furus are living off mentorship programs, monthly sub fees, lame courses. ”We are providing you free vids on youtube, man” . No, you are advertising yourself otherwise who would buy your course?!😂
Funnily enough, I'll be providing access to my charts soon and less so the community access due to my time constraints. Don't put me in the same box as the clowns who can't trade.
In reality you are trading wave c of elliot waves abc
Maybe. I've got no idea on elliot waves. I saw it as a head and shoulders
Yeah it is wave c in elliot wave 🎉
@burgertaster9394 thanks man. Will check it out
Try this on gold with those stops lol
@@pawellemanski1866 😅 it still works - follow structure, not the SL size
wow what a wild claim
Exactly. Have you tested it?
@@TradeForexwithPaul First define your strategy, and ill gladly code it up and test it. Your video doesn't define anything. Do you define a swing as a bar with lower highs on each side for downtrend and higher lows on each side for uptrend? If thats the case where is your entry on the retracement? at 50%, 75% 90% etc. deep? Order block or FVG? I can code any if this up.
@@visla84he’s fos bro. Hindsight master at work, lining his pockets with newbies money. It’s better they actually lose it in the market, at least they would have learned something.
Sounds like cman can't trade
@@TradeForexwithPaul I have been in this game a while. Coded 1000's of strategies, finding an edge in the markets is extremely hard. Statistical, well defined edge, telling people to buy swing breaks on retracements has ZERO chance of profitability in long run. Essentially random distribution of results. How about them apples !!
You seem a nice guy but this is not realistic. Don't give wrong numbers to the beginners. Cheers.
Thanks for being kind, but do the research
LOL that is why you are swimming in money and not waste time on youtube videos for attention. Oh wait you are still doing videos looking for attention instead of swimming in money)
It might blow your mind but not everyone is egocentric. Some people find meaning and happiness in teaching and helping others.
Crazy right!
@@IgorVolyn Igor I've missed you man
He doesn’t do it for attention. This is his business, it’s a form of marketing. Would love to see some broker statements backing up these claims, but of course he won’t. 😢
Too right I won't. Who in their right frame of mind will show the bank balance to some clowns who don't do the work only to blow up their own life for an ego boost. Really think about who you would want to show your statements to... or even better - who would you NOT want to see your wealth status.
Safety is priority, especially to those who can't defend themselves, so if you want to benefit from the videos I create - just put the work in, like everyone else.
@@TradeForexwithPaul well, if someone is selling me something then u can guarantee I want to see their results, not their theories and hypothesis. Any real trading mentor shows u this. Example Tom Hougaard.