100+ Pass Prop Firms in 30 Mins/Day with this Simple 3R Strategy
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- Опубліковано 2 чер 2024
- 👉 tradingnut.com/scott-taylor/
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00:00 Introduction
03:31 EURUSD Bar Replay
05:26 Defining Shift in Momentum
09:38 Directional Bias Scenarios
15:01 SL Maximum Sizing
16:02 Example of Invalid and Valid Trades
25:58 Extended Sweep
27:53 Medium vs High Probability Trade
33:40 Real Live Scenario
40:57 Trade Tally After a Week
50:19 Low Probability Trade
01:10:10 Summary of Trades
01:11:32 Final Thoughts
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/ @tradingnut - Розваги
nice work Scott, Im 1/2 way thru the course & this glued a lot of it together for me even tho Im not finished yet - well done
9:55
Follow Thru - continuation: 2 bullish candle
Strong Follow trhu: 2 body close bullish 11:25
No follow Thru: reversal : bulish + bearish or wick
MAX 2%
45-55 % ZONE
12:52 Session hours
Graciass
I note on paper haha
Does anyone know what does he mean by “2 *body* close”? I can’t understand how does “strong follow through “ exactly works.
Does “body close means” that the candle should have very small wick/no wick at all? Or does he mean something else
@@smik2518 Body close means that the body of the candle (wick doesn't matter) is closing above/below, and not just wicking through.
The best part of this strategy is that it makes you a disciplined trader. Something that is extremely important to become a successful trader
Thanks for having Scott back here again for a wonderful video as this
Crazy good content in your channel! Please keep it up. Strategy is looking great I am also working person so I will b e backtesting it.
This strategy literally was the best thing ive ever learnt so simple and effective
Thank you Scott 😊. Love the simplicity but also the consistency. No need to try and force trades. Will definitely be adding this to my trading.
Amazing! Well explained! Plain and simple! Straight forward! Thank you!
Now i have to backtest it. 💯
Let's say we are in uptrend on 4H(momentum up). You get the EQ by drawing the fib between the high and the recent 4H fractal low. But the 4H range low is the lowest point in that swing? In this case the range low can be lower than the fractal low. If price moves down and below the fractal low, in the original version(before this 4H momentum filter), the range low would be broken(because the range low would be at the recent fractal low). But now in this new version, we are still in the 4H range in terms of the bias?
what do you think about using EMA or STMA, instead of looking for higher highs and lower lows, to evaluate if we´re bearish or bullish?
@scotttaylorfx At 31:50 Why do you not take the external 15m range sweep here? Is there something that invalidates it for a buy in discount? At 21:30 you take two shorts, but later at 35:50 you say not to take both shorts because of the 2% max allocation of risk. What is the difference between these that would change your mind?
17:00 you should specify that because we are buying and this is an ICT liquidity-based strategy, WE WANT LIQUIDITY (either fractal or 15min range) to be grabbed TO THE DOWNSIDE for a buy, for traders trading this it's self-evident but for ppl unaware of this, it can be a little confusing
OMG, one of the best videos I have ever seen.
literally combines all the simple ideas of follow the trend, liquidity sweeps, trade in killzones, filter bad trades based on momentum and follow through.
I bet this where most traders will get their "aha" moment and everything clicks.
just need to backtest and to be confident while taking trades.
10/10
Smoke and mirrors mate.
Yep, don’t get your hopes up too much from this at least
Don’t waste your time or money on this pal.
@@bryancaillier1151 are you still subscribed to evo Bryan?
So I’m the guy they featured at 2:01 payout. He definitely picked June 2023 because it was the best month for this strategy. He should’ve picked july (🥵) or august. Or April or May 😂
Just saying 👀
solid rules, solide strategy,solid lesson. Thank you
does it also work on other timeframes? 1m with 15m instead of 15m with 4hr for example?
I don’t understand it after watching, what exactly do you look for? Can someone please explain
I tested this for August in the EU. I got 25 trades. 5 winners and 20 losers.
Hi, could you please elaborate. Did you use EURUSD, but only in London Session?Is it that what you meant? Thanks
in 2023, the best month of this strategy was June; the worst was August (18% and -2% for me only EU). This is a solid strategy BUT you don't have to expect profit every time. That's the catch of all successful traders and profitable strategies.
hey , i saw your comment and decided to try it myself .
consider news that we dont trade and all the rules of this strategy , i did 9 trades - 5 wins and 4 losers
means i did 11% this month..
you should tight this strategy before you decide to write this comment :)
You obviously done something wrong lol
@@dandinechmad in August on EU ?
I love price action strategy. Overall this is a good video
why didnt you move in the first example the bottom of the 4h range after SFT?
20:00 if we are risking 2% here and by pure bad luck let's say both get close to TP but suddenly reverse and hit SL, does that mean we could hit the max dd limit of 5% with a prop firm ? I think this is called floating equity I'm not sure if every prop firm have that ridiculous rule
Does the trading room only trade 1 time frame?
Is this strategy written out on a word doc or anything? Seems straightforward but would be helpful to see the rules written out…
So straight to the point. Any trader can learn to trade from this. Thank you.
1:00:55 few seconds before this point you mentioned we are not looking for shorts because we are in a very bullish scenario, a FT scenario, and here you say that we are looking for "PRO directional Bias " Sells? I am confused, how can a sell at this point be "PRO directional Bias" if we are so bullish?
Believe this is with the addition of the momentum filter. For the highest probability trades, we want the fractal dealing range to align with the overall market sentiment.
One of the most difficult things in trading is to become disciplined. And one of the best advantage of this strategy is that it makes you disciplined.
If we have strong follow through to the upside(two body close above the fractal high), and then the next candle creates a higher high with the wick, is it then downgraded to follow through?
No, it remains SFT until a further dealing range interaction.
If you did trade the Asian session, what is the Asian Kill-zone times? Thanks.
1am to 5am london time
Therehasgot to be away of combining all indicators in one and also include the 4h range and 15m range to populate automatically
I'm sure it can be programmed into TV.
Anyone try this on ES / NQ? I wasn't profitable in my backtest over a few months but might try again with another set of timeframes
but to be fair, I didn't do the follow through / strong follow through... this was just off no follow through
28:00 I still have a bit of difficulty to differentiate bias and momentum...
1:03:00 that can be a short position?
Literally the exact same spot as one of the last videos you did, what are the chances, lol
It's a good strategy, but everyone should bear in mind that this wasn't only a good month, it was a freakishly great month. Backtested this for 3 months on both EU and GU and there are probably
Hi there can anyone tell me what indicator is the market sessions?
Hi ,i use MKT sessions
16:39 under the 20pips max stop loss size you mean, not ten
In the very first example why did you not move the bottom of the range up to the most recent fractal low once price breached the fractal going up on the 4H? Your entire range would be wrong by what you teach and I believe would affect one or more of the trades you show after. Also you’re counting wins on news candles here. Correct me if I’m wrong
That because he's taking the range as a whole. Based on the SMC point of view, he's taking the entire range that created a choch to the upside. Basically, the low that created the high. Hope that helps !
This is not how the strategy has ever been taught and he gives no explanation on why he did this
It’s either an intentional error or unintentional. I’d like to give you the benefit of doubt and assume it’s unintentional but either way the results are completely skewed
Bryan is absolutely correct. If you have been an evo member you will spot inconsistencies that skew results to look more favourable. Some trades here were during news and some from the 45-55% no trade zone, both are taught as big no nos but included here to make the strategy look better. Failure here to mention that EU ended -1% for the month in July, but not backtested here….coincidences? …. I think not. Scott would know each candle of EU off by heart as that is essentially what the course consists of, telling people to back test, gather your own data… particularly when difficult questions are asked.
It’s a strategy where as he explains himself you will have scenarios where you can either buy….. or sell at the same time😂 it’s simply gambling.
When members have questioned this they are told do your backtesting and use your data and see what that tells you, instantly putting responsibility back onto the paying customer. it’s a joke.
There is no evidence of the mentors trading this strategy. I asked last week on insta why they wouldn’t consider doing a live funding challenge to demonstrate they really can help people to become funded, as a member I was met with dismissive arrogance, my comments removed from insta and blocked from insta…. Nice guys 👍
Back tested works ace some months then disaster other months 👍🏻
Isn't this basically a hedging strategy? I dont think this system can be done in the USA. But looks like a good strategy to try out for those who live in country that allow hedging 🙂
Hey Scott, the majority of data in this video is skewed based on the fact you didn’t move the 4 hour range to the most recent fractal low after the fractal high that created the SFT in the beginning was breached. Am I wrong?
Correction maybe not the majority, but a lot of it
And at 1:09:07 you just decide not to take the extension which is also an external sweep (not internal like the prior loss) when in every other similar situation in all videos you take it???
ha ha dont you just love these backtested, cherry picked 'live' trades, they smash it all the time!
Yeah this guy will know every candle off by heart guaranteed.
Thanks for the observation, i have to go back and check it. I was about to backtest his Strategy, but I do not want to lose time unnecessarily, it seems to good to be true...
25:10 what a nasty ldn session that was, look at all the wicks and way it ranged, thank God I don't trade the 1min tf anymore
How is it a simple strategy? :DD Just indentifying opportunity requires a lot of analysis experience
I think you should make a podcast wirh Forexed❤
Another one?
Fantastic 😎
Hey Tom, are you evo guys going to do a live funding challenge to demonstrate
To existing and potential new members the prowess and brilliance of your strategy ?
Uff, I need some help understanding this.
Now do a real backtesting where you avoid red folder news sessions, as per REAL evo tpot trading plan and lets see.
Hello everyone hope you will all good. I have a simple strategie and i gain every week between 5 to 11% and in some weeks its goes to -1% . I trade two sessions London and netyork session. Almost 9 hours of day. But i have fear. Anyone can help me.
Awesome vid! Better than yours youtube channel !😂
Saludos desde rosario, argentina !
👏🏼👏🏼👏🏼
Hey Callum I was wondering if you could help explain to me what makes your strategy unique.
What I’ve noticed is that
Momentum swing points-not your concept ❌
Dealing ranges-not your concept❌
Higher time frame analysis/lower time frame entry- not your concept ❌
Premium/discount-not your concept❌
Liquidity sweeps-not your concept ❌
Killzones-not your concept ❌
All this stuff is just regurgitated retail concepts readily available across YT.
What makes your “strategy” unique?
@@frankreed5669 Well they did say that they are ICT based traders, so they just managed those concepts and made their own strat. ICT himself also didn't invent ONE of his concepts as it is mainy retail, wyckoff, tom dante etc. Personally I've been in the community for a month during which I learned the strategy and got all my questions answered by the guys. Peronally I ended september pretty much Barely in profit but I am aware from my backtesting that the strat will probably work for like 4/12 months in the year really good, but that is the same with most strategies tbh. And personally they made me look at the market in a simpler way which I will intend to use for making my own strategies. I'd say that the strategy itself is good and simple but scott skews his yt content in such a way that people will think of the strategy as of something insanely good when in reality it is ok. I myslef am happy with paying the fee for 1 month and learning all I've learned so I can now implement it in the markets by myself. Hopefully it will perform well next year at least as I heard people say that 2020 and 2019 was bad for the strat, but personally idk i backtested 2023 and 2022.
All the action happens within a 1 cm. Space. Zoom in please man.
This guy is kind of gambling with knowledge 🤨. I don't see the clear strategy here. Glad he's profitable SMH
I don’t think he is profitable personally, I’ve asked if there is any proof of the mentors actually trading this system and I was blocked from insta. This guys money comes from subscriptions from this “strategy”.
Watched his course. Tons of BS! Waste of time. 🤡
With that logic, wouldn’t every retail strategy/system also be just gambling with knowledge? It’s not like we can see the actual order flow like the institutions can, right?
I didn’t take the course, just watched his free videos and learned and I am profitable with this strategy.
Just stop trying and get your crap together, and maybe one day you’ll understand how this Strat works
@@smik2518 give it time mate😂
The Simple 3R strategy has changed my life. I have made 4000000000% in 2 seconds following it !
If something working you wont share it 😂