Backtesting OVER 100 Market Maker Templates So You Dont Have To [Pt. 1]
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- Опубліковано 1 жов 2024
- Lets Get THIS Video to 1K Likes 🤯
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🔴All of my content is my interpretation of what Is taught by Stacey Burke, in an attempt to help others better grasp the concepts through another person's eyes.
🔴 💥Disclaimer: The purpose of this video is for educational purposes only. Nothing associated with this channel or video should be taken as advice to buy/sell any specific financial market. It does not take your personal circumstances or financial situation into consideration. I nor anyone associated with this channel will accept any liability for any financial losses related to any content posted on this channel. Trading is risky so seek professional trading advice before taking any specific trades/invest
![Simplest Trading Strategy Of All Time [Stacey Burke Style]](http://i.ytimg.com/vi/ToXUWyAoMOw/mqdefault.jpg)
Having Stacey Burke AND Cam Benson in my corner. RESULT
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@@pips2profit YES, That is the plan.
FACTS !!
Both together are like having a trading superpower.😅
Thank you Cam for all the great content you are putting out for us, and putting in so much effort to interact with your followers! much appreciated bro
My pleasure, Love every second of it
Been learning the day/session/hour 1,2,3 setups from other people but kudos to you man, your videos helped me A LOT more to understand where it’s coming from and actually using it on a live charts, thanks!
Thats what I like to hear!
Can this be applied to NY session traders who focus on spy from 9:30?
Kudos to you Cam! You’re the best teacher! Even your dog kicks down doors to catch your videos!🐕 😂😂😂
The dog comment made me chuckle. 😂 appreciate the support
so your favourite set ups for monday - Wednesday templates are Tuesday failed breakout of OR, look for reversal trade other end of the range, tuesday break out look out for continuation trend trade parabolic and tuesday high and low both taken out, spike formation, look for parabolic trade in direction of market structure.
if its a break out and you are trying to enter on the pull back for trend continuation, is the trade invalidated if the pull back comes back into the OR? or does it have to pull back outside of the range in order to be valid?
I just uses market structure. Dipping into the OR is ok but as a retest, I don't want to see the breakout totally fail
All three days on that cover example move about the same, in fact day two moves the best.
@26:10 does it help to note that monday broke down below the friday "closing range" and was confirming, which happened before wednesday breaking below the opening range.
Hello cam, Great video as always ! Liked! Just a question, if there is a break in structure upside and price made a SLIGHTLY lower low , is it wise to still look for long trades ? Good example is GU on Friday , was thinking dump and pump for NY! Will Really really appreciate the reply ! Trying to get 1% better everyday, Thanks in advance !
Depends on the timing. If the first mouse is in the market at 930AM EST or even at a session beginning, I will sometimes use that info to my advantage because the market a lot of times will stop hunt the first mouse and I could get my trade with reduced expectations. Hope that makes sense and was helpful!
@@pips2profit ahhh i see. But what i meant was like the 15 mins setup on GU on Fri for NY longs at slightly below Prev LOD. after the BIS in london. Would the long thesis still be valid?
This comment should actually be in the live video for your fri watchlist creation 😅
very nice. i like those sped up animations of the bars playiing out, really illustrative. your content continues to improve as you innovate.
Thank you! I spent an unusual amount of time editing and adding to this video, so I am happy to hear it did not go unnoticed! 😅
Your videos have been tremendously helpful. Thank you! Do you have any tips on how to apply your system on Crypto market that trades 7 days instead of the regular 5 days?
Thank you and just Discount the weekend like you would for FX or futures
Am a fresher. Am catching up very fast from watching previous videos. Well done
Many thanks appreciate the support 🙏
The weekly templates have been an absolute GAME CHANGER!!
Thank you so much!! 🔥
They really are. Wed Thurs Fri coming soon.
Do I understand correctly that any signal day may or may not support a trade set up on the following day? So actually significantly more importance should be given to market structure on a given day (BIS,BOS,W/M, levels, times and engulfments) + waiting for 3 candles/pushes/formation for entry?
And all that stuff around - opening range, FGD, FRD - probably just helps us to improve a bit the probability of being more likely to look for long trade entries after FGD? And if we already find a good long entry due to market structure, then yesterday's FGD may make todays trade way more certain and profitable than if yesterday was a random "no-signal" day.
If my goal is cherry picking 1:3 RRR with every second/third day in a LON session, then the market structure of this day, 1st hour LON opening range and little bit of patience to see 3 pushes/candles should be enough, so?
Signal day is just an indication that there might be a setups forming on that pair the following day. Not a garuntee that it will present. That is why I talk about market structure, my entry criteria, opening range/initial balance (Asia/London) as tools to help to see if the setup will actually present on the day itself. I hope this helps!
Thanks for your videos.
Cam, I've been trading for 4 years now
There was one trade that I loved to see, but didn't happen in your video.
When the trader saw the setup and entered, he stopped out
you know what I mean!
Personally, I like to see some stopped-outs in your videos
because after all stops are part of the game
I hope you understand what I mean. (sorry for my English)
Hey there! I appreciate your feedback and support. From time to time, when u do have notable losses I will talk about them in my lives. I recently just took a loss on oil (I think about a week ago) and I also post them in my community section. I like to focus mainly on the winning trades though but seeing what right looks like is so important. Hope this makes sense. Have a great day!
Wish this video was the introduction to these 3 and you made 3 videos on each one in a number of examples. Or I can just keep watching this over and over again until I fully memorize it.
For me very important this video, because of this shows me, how can I build up a massive back-test backround behind the trading. These informations are solid tools for recognizing the template variations!! Thank You very much!
Glad it was helpful!
Cameron, great walk through.
Thanks for teaching everyone a complex topic
Clear, focused and generous.
Always great success to you, keep going and believing
Thank you for the kind words 🙏
"if mondays breakout fails, and then tuesdays breakout fails at the other end of the week, high potential for parabolic trend trade on Wednesday"......in which direction?
Depending which way market structure tells me it is going and which direction the pattern is presenting (Higher high, higher low/or a lower low lower high pattern OR a parabolic channel). I hope this helped to clear things up!
Excellent strategy, easy to understand, concise, very useful
🙏 have a great weekend
For educational information do you mind telling me what happened the past two days on cspr (Casper) it seems like it broke out the day before made a new higher low on Monday, failed breakout and held support yesterday and today I’m assuming a reversal to the upside. Is that right?
Message me on Discord for questions like this where I can use pictures to help describe my answer.
Thank you, good video
This all great in knowing what the market plans to do. But when do we enter like what are our confluences to enter a trade and what risk to reward are we targeting 1:2-1:3 rr minimum? This just seems like another way at looking at market structure but no strategy here too implement too backtest with.
Go through the rest of my playlist, it will make a lot more sense. All of the concepts and strategies blend together and begin to make a lot more sense.
Thanks for teaching me something new. Very interesting stuff
Glad you like it!
I'm starting to get the hang of all this, only problem is I'm in Australia and asleep for the NY session. Spotting setups for Asia and London seems significantly harder and rarer. This strategy may not be the best for this side of the world.
It works in all session, just have to backtest your session with certain pairs. Hope this helps and I wish you the best!
@@pips2profit Thanks, I'll try.
Where do I find the trading view set up video?
Do not have one, but I am going to be doing a huge beginner to winner series soon and that info will be in there.
@@pips2profit ok I'm starting the mentorship tomorrow and just wanted to make sure I'm prepared
Great piece of information. A must watch video for traders to understand the market better..
🙏🙏🙏
Hi ,
What is FGD and FRD? How it can be classified in the weekly template?
Please go look into my signal days playlist, should help you with this question!
CB_ Thank you !!! Your Free trading tutorials have helped me tremendously . I like many of us -think in pictures. So the way that you teach by showing examples using current active charts; pointing out exactly what specific examples should look like; have helped organize my trading thoughts. I also really appreciate your Positive Energy, TIME , and Talents in helping so Many grasp the Best Trade Set-ups !!! Thanks again.
Thank you so much for your feedback and I wish you the very best 🙏🙏
God bless you Cam, you honestly restored confidence in me to keep trading. I will. Btmm💯💯💯✅️
God Bless, I wish you the best 🙏
So this is different than the 3 day cycle? I think that's what keeps throwing me off.
YES
thanks teacher
Will this work for trading stocks? or is it only for pair trading and forex? thanks!
If there is a high and low it works. However I have never used it for stocks or crypto.
This video was absolutely amazing!!!
Thank you so much for all your hard work and effort!
We really apreciate it ❤
My pleasure 😊 Thank you for tuning in!
Thanks Cam 🎉
Excellent, really helpful focusing on the opening range and the Tuesday close otherwise I just have boxes everywhere!
Glad you found it useful!
dude your videos have gotten so good. I've been starting from your first videos and going through over and over to prepare for the mentorship, and the improvement is significant. walking us through each example, and especially pointing out the 1,2,3's and engulfments is so helpful.
All of the feedback has really helped to get the channel where it is at now. Appreciate you noticing and letting me know!
@@pips2profit of course man, keep up the good work bro
Thank you - you're a brilliant teacher
Thank you so much..really means a lot hearing comments like this
love your content! Could you recommend a video that breaks down the different characteristics of 1st red day vs. a dump day and first green day vs. a pump day? Thank you in advance
Go to my signal days Playlist. They are in there. Hope that helps!
Also do you have private lessons? Just curious
Message me on Discord please, but yes I do
With this strategy, are trades taken only on Wednesdays & fridays?
Nope can be taken throughout the week; but main focus is Wed/Fri
Plz pick me
thank you for your good content and for the good explanations. may i ask what is your hit rate and what is your average risk reward ratio?
Good content.
So good, thanks again - Nice stache Cam, have a sandwich.
Glad you enjoyed it
Well. Please. How to read a template where there is 3 or 4 days breaking previous days high/low? Say trending market. Where, or what is the day count?
I use market structure and wait for something to change. BIS to one side or the other allowing me to develop an idea around the 3 days of breakouts being in the market. Hope this helps!
@@pips2profit that make sense...
When you say range is it based off the time chart you are in or the weekly
I am a little confused by the question
I love your doggies 😂❤ and your content of course
I also love them lol Appreciate the kind words
Discord link doesn't work...
It should! People have been joining the group. Link is in all of my videos maybe try another.
Mustache, sandwich, nice shirt all in one comment 😜
Joke's aside, thanks a lot. Will make Wednesday's hunt for the best setup so much easier!!
Appreciate the support, and hope the information helps you in the future!
By the way, @@pips2profit I was just thinking, are you using this model Mon-Tue-Wed on a daily basis for Mondays, Tuesdays and Thursdays? Asian session = Opening Range, London = Initial Balance (Tuesday) and NY Session you trade it as if it was Wednesday. Since the markets are fractals it should work no? If you do that, any tips and tricks from doing it? Thanks in advance Cameron
What Daily high/low indicator is that on ur chart?
Previous day high low. Change setting to circles. Or the P2P indicator from my Discord
mustache nice shirt sandwich
😂🙏🙏
I am a btmm trader, watching your videos shows me confirmation of what I have learned and I plan to take your mentorship to add to my knowledge
Great stuff!
No disrespect to SB as I know he is the OG, but I've watched his stuff for hours and I still don't know wtf he's talking about. Got literally infinitely more from these 30 mins than from those hours. Excellent explanations!
This was a great video concept! I think another helpful video would be showing market structure invalidating setups vs validating setups side by side or something of the sort. Just a thought that came to mind from watching this one. Thanks again Cam!
Already in process 😈 Been collecting things I look for to invalidate setups to make a video but thank you for the input and support!
What indicator are you using to separate days?.. I mean daily lines on your chart?
TradingView period separator. Its just the default separator
@@pips2profit thanks so much
Great description, how did you actually trade this?
I have entry videos explaining the 2 types of patterns I look for as well as my time engulfment video to help explain the time rotations. Appreciate the positive feedback! 🙏
@pips2profit OK thanks ill get to it.. Good vids..
Thank you for this man😊
My pleasure!
Excellent video! Love the lesson. Thanks!
🙏🙏
5:00 am time to start class. Thanks for these videos
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Great video as expected. Thanks Cam!
Really glad you liked it!
@@pips2profit These tricks and templates are really awesome but It will take a long time to recognize them in real time and then execute. Just requires lot of hard work to get better. But at least these templates are a great guide. Keep up the great work. Look forward W,Th,F templates.
Maybe it does this or maybe it does that. WTF!? Doesn’t sound like a solid plan
Does this work for crypto?
The concepts work for crypto yes
Hello Cameron: I am thoroughly studying all your materials (all of them) and they seem great to me but I think I detected a mistake in this video. In the 6:44 min you are speaking about the Monday breakout that failed on both sides. In the picture it reads Friday High and Monday Low when it should say (I think, otherwise I would like you to enlighten me) Friday Low, because there is no Monday Low just yet. The only two levels of reference that exist on Monday with these templates are the ones we import from the last Friday until Monday closes and creates its own... unless you meant that the first part of the heart beat pattern occurred on Mon and the second on Tue. Then, it's correct . Best, Lucas.
Good stuff. Thanks.
My pleasure thank you for the support
Great Shirt, interesting video too thanks Cam
I am a sucker for a good Hawaiian shirt...Appreciate the feedback!
Me too brother
@@pips2profit
Great video as always. Thank you!
My pleasure thank you for the support!
I WILL NO LONGER WATCH TV OR ANY OTHER THINGS UP UNTILL I GET ALL THIS KNOWLEDGE AND KNOW IT BY HEART.
People really do spend a lot of time watching tv (at times, me included) when they could be learning a new skill....pretty good goal to set 🔥🔥
@@pips2profit I WONDER WHEN WILL WE ALL REALISE THAT...
What is a “push?” What is considered a push? Candle close higher or lower dependent on direction?
In crypto since it never sleeps what time frames do I measure the open and close?
TradingView has the period separators at 2000 (8PM EST)
Are you on Twitter I mean X
Lmao those doggos just wanted to see their papa
They live in this office with me lol
@@pips2profit same with my pup too lol
🎉🎉🎉
With each of your videos I'm one step closer to be consistent and profitable!!
I love all your videos sir
Appreciate the support 🙏🙏
Is it mt4 templates
Market templates, regardless of platform. Hope this helps!
Cool. Can't wait to watch. I bet this will be your best video
I think so but I am bias. 😂
Hot Diggidy Dog🔥
🌭🌭🔥🔥
Sandwich 😂🥪
🙏🙏😂
Thank you for all your hard work Cam! It is greatly appreciated. 👊
Really is my pleasure, I love every second
Nice shirt!
🙏🙏🙏
that is on GU
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how did u set those expansion levels , thank you
Great content bro.
Many thanks 🙏🙏
thank you
My pleasure!
Mustache
🤓
Thank you Cam! Excellent content once again!
Really glad you liked it, hope to see you in the Live today
Let's gooo 🎉🎉
Is the series video is still cooking?
Still cooking. Nearing completion.
@@pips2profit the video is crispy clean beautiful mic beautiful dogs 🤣🤣 they were really funny and content was fire i love your content thank you
@TheElite2 highly debated putting that part in there but I laughed at it so figured others might too. 😂 appreciate you
This has been beyond useful. Thank you so much for the slideshow. I'm understanding so much and just love this style of trading.
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Nice Shirt !! Your efforts to create such awesome content is acknowledged and appreciated.
These templates are extremely useful.
I have learned so much from your videos and I appreciate your mentorship.
Many thanks! Many more videos (and Hawaiian shirts) to come!
made good profit in this trade last week after watching all your videos in the playlist it was all helpful
Great! I love hearing things like this. Keep it up!
Thank you very much. Now is the time to practice and identify the pattern.
Practice makes perfect 🔥
Great as always Cam!
Thank you!
Thanks Stacey. This definitely helps with regard to the weelkly template
I am not Stacey but appreciate the compliment 😅
🔥🔥🔥🔥
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Eye opening. Feel like Neo when he used his eyes for the first time. Nice one!
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Good stuff. Always like the attached presentations with these videos.
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Nice video brotha
Thank you glad you liked it
Yey, new vid
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thanks for the video it was helpful
Happy to help!
Thank you for your great content.
My pleasure glad you liked it 🙏