🔥 FREE Naked Trading Strategy course: go.forexsignals.com/4cx8-nts You will get access to my video course & all backtesting data of this strategy. Forex Signal's Naked Trading Strategy 16 year backtesting results: 📈 2751% gain 🥇 78% win rate 💸 1.55 take profit ratio
Well said! Trading is an emotional game, you can get the information from training, courses & UA-cam etc... but actually, you will learn from your experience, so be patient trade with tiny capital to experience it first and develop your own trading style that fits your personality, I am just sharing my experience with you guys. All the Best!
I agree with you,experience is everythin on the market...learnin how to trade in theory is easy,practice is abother story,its a skill at the of the day and there is no rule how much u can make,when u master it...
In the examples you used 1 day timeframe so it is not for "day trading", that's rather swing trading or position trading; what timeframe would you recommend for day trading in Forex? Because I have been struggling day trading Forex, it seems that market is more suitable for swing or position trading. Greetings.
This is the most simplest but powerful strategy i have ever seen, not pampered with indicators but price action with understanding of key points and bars. Thank you very much Andrew
this guy is the real-deal. the part where he said the example was 'cherry-picked' is exactly right. the market often hurts you, when you're complacent. but, he has to sell something, so... in any case, he's still the real-deal.
ICT ..... You will notice who actually makes the money from trading. Notice no adds on Andrew’s videos now notice ICTs videos are littered with adds wonder why that is.
This is not backtesting. There is no cross-validation for that time series. An overfitted model on past data will obviously give great results when you re-run it on that same time series. Now hopefully this comment will save some beginners the hassle of following whatever non-sense you say before this comment gets deleted.
I only discovered your channel a few days ago, but am glad I did - the content is excellent. One question please: why is the candlestick at 15:50 described as a bullish engulfer? Would this not require a blue candlestick that engulfs a preceding smaller red candlestick?
I have watched hours and hours of UA-cam videos and finally found one person that actually makes sense ! Thanks for your content. I plan to starting investing very soon and with your help I feel a lot more confident.
@@amandaeric9604 Hi Amanda, i am very close now. Just want to do some more research before I do though. Andrews videos are great, best on UA-cam by far !!
Very good Video but i have one question - at 16:47 that is an bearish engulfing and not an bullish engulfing so i dont find an entry for an long trade there!?! Thanks for the great work and videos.
Despite the fact that stock prices fluctuate, what is the best method for capitalizing on the current market? I'm still undecided about investing $400k in my stock portfolio.
Our trading coaches inside the platform that we offer would be glad to answer your question. We invite you to register to our free trial here: www.forexsignals.com/#register-tab
Hello sir, very effective strategy, and many thanks for your videos, just please let us know, in case that we set up the support and resistance levels at the daily and weekly time frame, then what time frame would be our trading time frame to enter? ( 1H, 4H, or....) thanks
Thank you, the strategy is very good, but the last example to me it was a bearish engulfed pattern even if the next days it went up So it was a losing trade that one
You need to experience the S&T Vek strategy, it is very profitable and extremely consistent of all the strategies i have tried this is the only one i can recommend.
It does not matter if it is bullish or bearish, the maij target is the price, in that scenerio it open up higher than the previous opening price and still goes to high, engulfing the previous high. The next day if it hits the pending buy order then the market have a high probality to reverse from down to up even if it is a bearish engulfer, because before that candle close it goes up higher than the previous high of previous day. If the pending buy order does not hit he next day then you can cancel the trade. The martket shows us that it will not more likely to reverse.
Hi Andrew - when marking up support/resistance, how far left on the daily chart do you typically go? 18 months, 12 or 6 months kind of thing? Thanks for the video, I'm incorporating it into my own swing strat as extra confirmation.
@@donaldfrank5559 Thanks Donald. I done this before and eventually lost out. I have a demo account open and doing okay. I do all the back testing etc and can't seem to get down reasonable continueed gains vs. loss ratio 😕. Yes. I could use some help Donald. Much appreciated
Great thanks. I have a question in second and third trades you don't have support line and also price didn't touch twice but you make trade . And please explain more about Tp1 ,Tp2 Totally ,Please explain more in more detail videos. Again thanks
THE REAL QUESTION IS..HOW DO U IDENTIFY REAL SUPPORT AND RESISTANCE..(IDENTIFYING SUPPORT AND RESISTANCE IS VERY SUBJECTIVE) HENCE THE RESULT IS VERY DECIEVING.
The fluctuations of the market only affect those that odd coins but traders make money on both sides when it's bearish they go short when it's bullish they go long
How come the last trade you say its a Bullish Engulfer, look at it carefully, its a Bearish Engulfer. Please clarify how come you say its a Bullish Engulfer? Thanks.
In the example pattern you've picked at 16 mins 30 seconds, this looks to me like bearish engulfing rather than bullish engulfing as the second candle is red at the time you take the buy trade? I'm also not clear how many pairs this is traded on? (e.g. it could take half an hour a day to go through all the charts, to then only take 3 trades a month over 16 years on average - perhaps not worth it for most people? Do you have examples of strategies with a more realistic win rate, e.g. 65%-70%, over a shorter period than 16 years?). Thanks for sharing - it's an interesting video, and highlights the importance of price action.
Well, it's all about following and using the right strategy and best platform!!when it comes to Copy trading in Crypto it simply entails you as a beginner or intermediate trader getting to copy trade positions opened by expert traders so as to earn as much as they earn daily so as to help you compound greatly over time.
@@boureycryptoninvestor2775 thank you very much Sir bourey don, you guided me on every strategy I needed and not depend on a single income. Thank you more Sir for I have received twice my profit on daily basis... Good work 👍 Sir.. I'm So excited.
Thank you for your channel and all your amazing tutorials. Just a quick question, at 15:47 you say a bullish engulfer, im confused as im certain in your previous tutorials this is a bearish engulfer and would in theory have continued on a downward trend. I may be very wrong please clarify.
That was my thought exactly, there some great aspects to this but it is no where as fluid as the S&T Vek Strategy. this is the only strategy i can bring myself to recommend to anyone in Forex try it.
A very good explanation and I understand you easily and this is very good I have got strong support in trading through you and I thank you very much and i ask what the good laptop quickly in circulation is thinkpad x1 carpon good
If this strategy is free then why do you have to agree to give my credit/debit card information in order to get it? Do I have to eventually pay to get this strategy?
i signed up, curious you keep saying a engulfer or a pin at the end of the trend,, but if I knew where the end of the trend was it would always be easy, how do you tell its just not in the middle
@@jammapcb The strategy really works. I have had 3 consecutive wins. The mistake i personally made was risking too much. Sure there were losses too, but no one can predict the market 100%. And if the trade goes against you, you only loss
@@jammapcb rather it is 100, 1000, or 10,000. The statistics will be the same. I just said I had 3 consecutive trades just- because. It has a near 80% win ratio. You don't have to use it. It is a great strategy!
Hello Rodrigo. Chat with us on our website to know how you could consult our expert analysts and other traders inside the Trading Room. www.forexsignals.com
very well explained. thanks for your efforts. though there is one thing i am confused about. at your entry example at 15:48, what formed was a bearish engulfing pattern but you went long. does not a bearish engulfing pattern indicates down trend (short)?
Hi Vuralorion, our Market Analysts are ready to help with your inquiry and more, please get in touch with them in our Traderoom for comprehensive assistance
Thanks for video. Can you explain more clearly what does mean "take profit 1 is at least half of the stop distance"? So what is stop distance? Is it number of pips of stop loss or number of pips to take profit target? For example I enter sell trade in two parts with SL 100 pips and profit target at next support is 200 pip, so when I take profit target 1? When I have 50 pips or 100 pips? Tks for reply
@@forexsignalstv1119 I already self replied my question (cannot wait for your reply because nothing from you for long time) That is, if I sell with SL 100 pips, the first target at next support should at least 50 pip.
Try not to think about winning every single trade. But more like think of having a good win rate over a series of trades. You cant expect your trades to win, otherwise emotions kick in
at 14:10 top left corner you can see the timeframe which is the daily or 1 day. About the second question, I also believe going with the trend is much safer than trying to predict reversals but what do I know? for sure I haven't traded for 30 years...anyway I can see why this strategy could be profitable, first he enters at support or resistance and waits for some pin bar or engulfing to present itself...also he risks 1 to make 2 that means he can just be right 33.3% of the times to breakeven. I'm sure that this strategy like any other strategy could work if the trader is disciplined, patient and consistent, most of us are not...especially when we first get started.
You need more confirmation when trading against the trend ... like a major support or resistance , divergence and overbought/sold conditions then you couple that with candlestick patterns mentioned in the video
@@laithgsoos5498 the whole point of the strategy is to be “naked” with no indicators. I’ve been a member in the FS room for over 2 years and have used this strategy for awhile. It works very well but you don’t get many opportunities. It really depends on how involved you want to be, if you just want to take a couple of trades a week then you only need to check the charts for 5 minutes a day. You can get a lot more out of the trades if you know how to drop the timeframe and get in with a smaller SL. Also there’s nothing stopping you from looking for these patterns with the trend aswell.
🔥 FREE Naked Trading Strategy course: go.forexsignals.com/4cx8-nts
You will get access to my video course & all backtesting data of this strategy.
Forex Signal's Naked Trading Strategy 16 year backtesting results:
📈 2751% gain
🥇 78% win rate
💸 1.55 take profit ratio
Time frame please
F
Pure click bait.
Please Andrew can I twerk this price action strategy into scalping . Like use the 1hr as my higher time frame and 15 min as my entry time frame.
Please how can get more of this indept ferex trading strategy
Well said! Trading is an emotional game, you can get the information from training, courses & UA-cam etc... but actually, you will learn from your experience, so be patient trade with tiny capital to experience it first and develop your own trading style that fits your personality, I am just sharing my experience with you guys. All the Best!
I agree with you,experience is everythin on the market...learnin how to trade in theory is easy,practice is abother story,its a skill at the of the day and there is no rule how much u can make,when u master it...
+ 1 8 2 7 3 1 0 1 2 7 1
Thanks
Asalamalikum sir, absolutely right
I’m grateful for the achievements have made through forex trading.
Mad.Nicole can you be my mentor please
+1 (6 3 6) 4 2 5 - 2 1 6 2
There are quite a few men out there who are experts in the world of trading.
I totally agree with you on that, the world of trading can be an alien to a beginner.
Thank you so much, I’m a slow learner but I’ve learnt so much from you,nThank you.💃🏻
You are so welcome!
Hello what's the best way to get started with trade cos I've been making my personal research for a while now
You have a better chance of making money getting into feet onlyfans
@Gabriel Tina Use price action it's the most effective strategy,thank me later .
In the examples you used 1 day timeframe so it is not for "day trading", that's rather swing trading or position trading; what timeframe would you recommend for day trading in Forex? Because I have been struggling day trading Forex, it seems that market is more suitable for swing or position trading. Greetings.
This is the most simplest but powerful strategy i have ever seen, not pampered with indicators but price action with understanding of key points and bars. Thank you very much Andrew
Then you need to try the S&T Vek strategy, i am currently using it right now and i am sure you will love it too.
@@randalldarnal4227 let me guess Nicholas Alexander...scammer
this guy is the real-deal. the part where he said the example was 'cherry-picked' is exactly right. the market often hurts you, when you're complacent. but, he has to sell something, so...
in any case, he's still the real-deal.
Hi Kane! Thank you for your comment!
This video is absolute Gold. A fantastic trading plan by a seasoned wise man. 👍👍👍👍
Don't say things like "how much am I even earning to start up an investment?" If you refuse to invest, then you refuse to plan for your future
Which pair ave you tested this? on what period of time? Give more information about this backtesting that you are suggesting.
Which broker do you use
ICT is the only trading channel you need.
ICT ..... You will notice who actually makes the money from trading. Notice no adds on Andrew’s videos now notice ICTs videos are littered with adds wonder why that is.
This is not backtesting. There is no cross-validation for that time series. An overfitted model on past data will obviously give great results when you re-run it on that same time series. Now hopefully this comment will save some beginners the hassle of following whatever non-sense you say before this comment gets deleted.
Yet you don't make money I bet.
it hasn't been deleted yet. congratulations
I only discovered your channel a few days ago, but am glad I did - the content is excellent. One question please: why is the candlestick at 15:50 described as a bullish engulfer? Would this not require a blue candlestick that engulfs a preceding smaller red candlestick?
Exactly my thought. Unless what he meant was a double bottom at support, then it would make sense.
Im confused too when is say thats bullish engulfer when theres still a bearish candle there
maybe he meant bullish pin bar
@Andrew thanks so much for this video - I like the energy you have when explaining stuff - very encouraging!
I have watched hours and hours of UA-cam videos and finally found one person that actually makes sense ! Thanks for your content. I plan to starting investing very soon and with your help I feel a lot more confident.
@@amandaeric9604 Hi Amanda, i am very close now. Just want to do some more research before I do though. Andrews videos are great, best on UA-cam by far !!
Very good Video but i have one question - at 16:47 that is an bearish engulfing and not an bullish engulfing so i dont find an entry for an long trade there!?! Thanks for the great work and videos.
Thanks for your comment. If you need to check that with our expert traders or mentors, please contact us via chat on our website.
What is possible timeframe in this strategy?
I would advise you to look for a professional trader who will explain everything to you, teach you and also help you trade, Do you need help?
Despite the fact that stock prices fluctuate, what is the best method for capitalizing on the current market? I'm still undecided about investing $400k in my stock portfolio.
Our trading coaches inside the platform that we offer would be glad to answer your question. We invite you to register to our free trial here: www.forexsignals.com/#register-tab
Thank you so much sir,
Love you form Bangladesh 💞
Yes he really did well in the presentation ,how is Bangladesh
Hello sir, very effective strategy, and many thanks for your videos, just please let us know, in case that we set up the support and resistance levels at the daily and weekly time frame, then what time frame would be our trading time frame to enter? ( 1H, 4H, or....) thanks
Did not know Phil Collins was trading...🤣
lol
Last example was a bearish engulfing candle... Is that a mistake...?
Yes at 15:46 should be finding a bullish engulfing (as explained around 9:40) -- not bearish. The next candle (around 15:57) meets this rule.
Simple and efficient. my kind of strategy ,regards
@@ForexSignalsTV Thanks to you for such a quality content in general, regards from Chile
Thank you, the strategy is very good, but the last example to me it was a bearish engulfed pattern even if the next days it went up So it was a losing trade that one
You need to experience the S&T Vek strategy, it is very profitable and extremely consistent of all the strategies i have tried this is the only one i can recommend.
Try trading with a company,, most companies like block space only take 20% of your profit,,, it is better than total loss of funds
It does not matter if it is bullish or bearish, the maij target is the price, in that scenerio it open up higher than the previous opening price and still goes to high, engulfing the previous high. The next day if it hits the pending buy order then the market have a high probality to reverse from down to up even if it is a bearish engulfer, because before that candle close it goes up higher than the previous high of previous day. If the pending buy order does not hit he next day then you can cancel the trade. The martket shows us that it will not more likely to reverse.
Hi Andrew - when marking up support/resistance, how far left on the daily chart do you typically go? 18 months, 12 or 6 months kind of thing? Thanks for the video, I'm incorporating it into my own swing strat as extra confirmation.
Hi where are you from buddy
the best trading course is Phantom Trading ngl
thanks 4 sharing Andrew but it would be awsome if u tell us the best way to draw S&R
I always learn something new in your videos. Well explained. Thanks a lot💥
Glad to hear that!
Is this strategy as successful on a 30min-1hour timeframe?
I don't get how you move the trade. My current forex site I don't see how to make the two trades like you been posting.
@@donaldfrank5559 Thanks Donald. I done this before and eventually lost out. I have a demo account open and doing okay. I do all the back testing etc and can't seem to get down reasonable continueed gains vs. loss ratio 😕. Yes. I could use some help Donald. Much appreciated
@@byronharano2391 do you still need help?
Great thanks.
I have a question in second and third trades you don't have support line and also price didn't touch twice but you make trade .
And please explain more about Tp1 ,Tp2
Totally ,Please explain more in more detail videos. Again thanks
Ye i also didnt understand where the support was
Thanks i think should wait 7 days in my inbox 😊
What is so wrong about risking 2%? If it is so much more profitable, why not? I'm not aiming to get rich quick, I genuinely wonder why this is
@Krakus Krak why would one all of the sudden lose money risking 2%? According to the law of large numbers it shouldnt be a problem right?
Wonderful, Andrew, thank you very much. Joining this week, can't wait! Been studying for a year now and you are going to be my trading home 🏡🙂.
Your videos have really been helpful all the love from Namibia 🇳🇦
Hi. thank you for having a beautiful Forex trading tutorial. I am looking forward that someday I learn a lot in Forex Trading.. Thank you.
Thanks for commenting. Stay tuned for more content and videos.
Thank you very much for this.
Nice one! Ta, mate. Have a cracking 2021 & God bless!
THE REAL QUESTION IS..HOW DO U IDENTIFY REAL SUPPORT AND RESISTANCE..(IDENTIFYING SUPPORT AND RESISTANCE IS VERY SUBJECTIVE) HENCE THE RESULT IS VERY DECIEVING.
Thanks very much sir
@@damiannicholasfx3201 stil learning
@@forexsignalstv102 what's this sir?
at first learning trading seems so easy till u go deeper what we need from you as an experienced 30 years trader is insight on trading psychology
This is not a "bullish engulfer". But the strategy is overall interesting and easy to follow.
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The fluctuations of the market only affect those that odd coins but traders make money on both sides when it's bearish they go short when it's bullish they go long
what software do you use for backtesting???
It's seems you have been doing this for Long !!
Thanks a lot Sir.. a lovely strategy.. I'm following this strategy from the first day of the video u uploaded in a free webinar.. thank u Sir
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Thanks for explanation. One question, do you trade and win?
Where are you from??
u have always something helpful for us as today, thank u for sharing, very grateful
thanks andrew, I'm your fan =D
I learnt alot from listening to this video.
Didn’t learn how to spell I’m guessing
Can someone tell me how? I really want to trade but i don't know how to go about it and i see everyone testifying, I don't want to be left out.
THANKS SIR!!! nobody has a grandpa fresh like you :D
How come the last trade you say its a Bullish Engulfer, look at it carefully, its a Bearish Engulfer.
Please clarify how come you say its a Bullish Engulfer? Thanks.
For more information on how you could discuss this with our mentors, please contact us via chat in our website: www.forexsignals.com
15:46 shouldn't a bullish engulfer have a blue (instead of red) candle on the right?
I enjoy your teaching same time earning verse thank you
Hello
Thankyou , it is very clear and useful!
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In the example pattern you've picked at 16 mins 30 seconds, this looks to me like bearish engulfing rather than bullish engulfing as the second candle is red at the time you take the buy trade? I'm also not clear how many pairs this is traded on? (e.g. it could take half an hour a day to go through all the charts, to then only take 3 trades a month over 16 years on average - perhaps not worth it for most people? Do you have examples of strategies with a more realistic win rate, e.g. 65%-70%, over a shorter period than 16 years?). Thanks for sharing - it's an interesting video, and highlights the importance of price action.
Hi where are you from
I need a good strategy and a guide I'm looking forward to invest $2000 I think ah go lesser for a start.
Well, it's all about following and using the right strategy and best platform!!when it comes to Copy trading in Crypto it simply entails you as a beginner or intermediate trader getting to copy trade positions opened by expert traders so as to earn as much as they earn daily so as to help you compound greatly over time.
@@boureycryptoninvestor2775 thank you very much Sir bourey don, you guided me on every strategy I needed and not depend on a single income. Thank you more Sir for I have received twice my profit on daily basis... Good work 👍 Sir.. I'm So excited.
@@boureycryptoninvestor2775 crypto is falling soon
@@247forallah on what rates?
Thank you for your channel and all your amazing tutorials. Just a quick question, at 15:47 you say a bullish engulfer, im confused as im certain in your previous tutorials this is a bearish engulfer and would in theory have continued on a downward trend. I may be very wrong please clarify.
I noticed that as well.
That was my thought exactly, there some great aspects to this but it is no where as fluid as the S&T Vek Strategy. this is the only strategy i can bring myself to recommend to anyone in Forex try it.
Same
I think he must mean the next candle... Strange error though
oh phew!! I thought you were going to say this strategy has to executed without any clothes on!!! :)
Thank you for commenting. Stay tuned for more!
Great video, thanks 🙏🏼
Hmmm... So Phil Collins is now teaching price action?
How do you set multiple profit targets? Love your content, definitely going to join👍
Enter the trade more than once by placing mutliple orders on the same currency pair
Thank you very much for your seven day free videos, it actually taught me how to trade daily.
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Hello ike, pls how can I get the video
I just love how you talk. Great content.
Top video Legend, very much appreciate the practical demonstration and excellent explanation.
Glad you enjoyed our videos. Stay tuned for more.
A very good explanation and I understand you easily and this is very good I have got strong support in trading through you and I thank you very much and i ask what the good laptop quickly in circulation is thinkpad x1 carpon good
I want to invest in crypto/stocks which one is more profitable?cause I see alot earning from these options!😉🤑
Thanks Larry your indicator can use very well.🌄⌚🛰️🌝
@@amnuman8195 Wow.. you know larry too!he shows me my trade progress and send me signals of my trade..he knows how to make good profit.🚀😶
@Rukay 2k 🌻🇱🇷🇱🇷 +1 4 0 1 3 2 6 2 4 9 7
Schedule a call with him, he'll fix you up with investment that matches your capacity
Can you automate this as an EA
Do you trade forex ??
I really like your videos and am following you. Why the heck did you do the "Ferrari" thing?!!!
You were doing a PT on a downtrend. How can this be? Are you shorting as you are not mentioning it.
Hi Roman. please visit www.forexsignals.com for more information.
Brilliant...very, very helpful and well explained...THANK YOU!!!!!!!!!!!!!
Glad you enjoyed our videos. Stay tuned for more.
@@ForexSignalsTV Will do, thanks I appreciate it..the strategy is excellent, I've been struggling for years making moronic mistakes
The graphs or charts are not that simple. It is true not being a distractor,.
I love these presentations, makes me keep going with high hopes , thanks
.
Glad you enjoyed our videos. Stay tuned for more.
If this strategy is free then why do you have to agree to give my credit/debit card information in order to get it? Do I have to eventually pay to get this strategy?
Nice one and simple
Glad you liked the video. Stay tuned for more.
i signed up, curious you keep saying a engulfer or a pin at the end of the trend,, but if I knew where the end of the trend was it would always be easy, how do you tell its just not in the middle
@@jammapcb The strategy really works. I have had 3 consecutive wins. The mistake i personally made was risking too much. Sure there were losses too, but no one can predict the market 100%. And if the trade goes against you, you only loss
@@jammapcb rather it is 100, 1000, or 10,000. The statistics will be the same. I just said I had 3 consecutive trades just- because. It has a near 80% win ratio. You don't have to use it. It is a great strategy!
How to start from simple means.
hi, the best timeframe are daily? tks a lot and congrats for the channel and great content
Hello Rodrigo. Chat with us on our website to know how you could consult our expert analysts and other traders inside the Trading Room.
www.forexsignals.com
Won't lie forex trading is not for the weak, that is why i advice my friends trade with an expert, just like me
You're absolutely Right, me i trade through an expert because I'm always busy with my work
@@sandraborte7626 this would actually be helpful to me.. Please who is your trader and how do i contact them
Hi would it be possible to use on lower timeframes like 1hour or even 5 minutes ? Thank You
Na son he clearly said DAY TRADING STRATEGY
very well explained. thanks for your efforts. though there is one thing i am confused about. at your entry example at 15:48, what formed was a bearish engulfing pattern but you went long. does not a bearish engulfing pattern indicates down trend (short)?
Hi Vuralorion, our Market Analysts are ready to help with your inquiry and more, please get in touch with them in our Traderoom for comprehensive assistance
Does it work on all time frames?
Yes it does .
Are you a beginner ??
It’s dream come through, my trading profits has been so amazing grateful 🔥
Hey man
You got a lanbo?
You can get one if you work towards it
@@phil4610 Sure
This is good. Can it work on other other time frames (preferably 15minute or 1 hour)
You should check out his scalping strategy! It is also super simple to do and profit from
I thought u took both trades against trend
I used small lot size and I only put a trade when I'm sure of the signal..
People are scared of investing because of high rates of scam
Growing account is kinda fun. I once grew my account from $50 to $1000
But then I had to be careful so as to not blow my trading account
Wow ...how did you do that
Thanks for video. Can you explain more clearly what does mean "take profit 1 is at least half of the stop distance"? So what is stop distance? Is it number of pips of stop loss or number of pips to take profit target? For example I enter sell trade in two parts with SL 100 pips and profit target at next support is 200 pip, so when I take profit target 1? When I have 50 pips or 100 pips? Tks for reply
@@forexsignalstv1119 I already self replied my question (cannot wait for your reply because nothing from you for long time) That is, if I sell with SL 100 pips, the first target at next support should at least 50 pip.
Thank you for the great video
As a living trading this to earn say 50K pa you would have to have min 250k trading capital
Great to have your immense knowledge
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Tips to control emotion
Try not to think about winning every single trade. But more like think of having a good win rate over a series of trades. You cant expect your trades to win, otherwise emotions kick in
VERY USEFULL;;; thank you sir
At around 15.46 isn't that a bearish engulfer? Blue candle (Up candle) engulfed by a red candle Down candle) ?
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GOD BLESS YOU😊
Great strategy and video. There is even a good paid course which explains a very similar strategy in more detail 😃
Thanks for the content!
@@ForexSignalsTV thank you!
Helpfull these video sir during live trade.thank you i enjoy waching ..
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thank you phil collins
That’s the honest truth
Glad you enjoyed our videos. Stay tuned for more.
Is this strategy based on daily time frame trading? Also, as this is a reversal startgey isn't it more risky then trading with the trend?
at 14:10 top left corner you can see the timeframe which is the daily or 1 day.
About the second question, I also believe going with the trend is much safer than trying to predict reversals but what do I know? for sure I haven't traded for 30 years...anyway I can see why this strategy could be profitable, first he enters at support or resistance and waits for some pin bar or engulfing to present itself...also he risks 1 to make 2 that means he can just be right 33.3% of the times to breakeven. I'm sure that this strategy like any other strategy could work if the trader is disciplined, patient and consistent, most of us are not...especially when we first get started.
You need more confirmation when trading against the trend ... like a major support or resistance , divergence and overbought/sold conditions then you couple that with candlestick patterns mentioned in the video
@@laithgsoos5498 the whole point of the strategy is to be “naked” with no indicators. I’ve been a member in the FS room for over 2 years and have used this strategy for awhile. It works very well but you don’t get many opportunities. It really depends on how involved you want to be, if you just want to take a couple of trades a week then you only need to check the charts for 5 minutes a day. You can get a lot more out of the trades if you know how to drop the timeframe and get in with a smaller SL. Also there’s nothing stopping you from looking for these patterns with the trend aswell.
@@ForexSignalsTV it is asking for card details..I had signed up about 2 years back