Hard to understand, sorry. What are the two trade set-ups? One if the first pullback. What's the other? Thanks EDIT: My fault . . . . If you look at his comments under the video you find a clear explanation AND a handy Table Of Content. I wish all youtube posters did this!
Questions: do you move your 2nd half position's stop loss anytime after the 1st half hit TP i.e trailing stop. Do you manually close the 2nd lot if it took too long going sideways not reaching your 2nd TP?
can you please tell me, a good platform to trade at, for people outside of the USA, i live in Morroco, i lately started to make money trading, but the platform (which is Binance) that I am using is making me lose all the money i win, (am winning more than i lose with risk to reward of 1/2r). based on my experience watching your videos, i believe everything you say, so am sure that you will introduce a trusty platform
Hello As i understood u r selling half ur position on target 1 and the other half on target 2,correct? If u travh target 1 but dont reach target 2, do u sell the unsold half at breakeven or do u risk it hitting your original stoploss in the hope that it will turn around and eventually reach target 2? Thanks and congrats on your channel :)
Thank you for all your time and effort in making these videos. I am a newbie just building a strategy. Do you have any views on using a volume at price indicator to show support and resistance? Thanks.
@@Gizmo1st go on knees in prayer with your request, i didn't create the heavens and the earth, nor you. i don't know anything about you. what i know is that don't begin with day trading. long term investing, fine. daytrading, nott fine.
as a swing trader, whats the average amount of days or weeks it takes you until you take profit or until your TP is hit? how many pips is your max limit for your 'stop loss' or SL? im fairly new to forex trading and trying to figure out what works best for me... scalping or swing trading. I'm currently learning how to scalp better 😁
After each impulse, you bring your SL upto the dip of the last swing. If it hits, good chance of reversal and we should take the bag. (From my understanding, I'm pretty new myself)
There is no magic in trading. The main secret of trading is to have a very strong and reliable signal, but that's not for novices, which is why I work with Larry Kent Nick Trading Services
What a coincidence!! It seems that he recently began trading with Mr. Kent. He has been the secret behind my trading success and his experience gives him an edge over other expert traders. I value he's services
Hello from Ottawa :) This is a very nice strategy, it really appeals to me. I am curious though, is this the only strategy that you tend to focus on? Or are there other strategies that you prefer? I currently trade breakouts, but I'm looking to add another strategy to my repertoire, and this trend following strategy looks very good. I love how clearly defined everything is making entry signals easy. Thanks, I'm loving your channel, keep up the hard work!
Etienne, first of all thank you for all your videos, they are very insightful. I'm new to trading and live in Toronto. Being a Canadian Forex trader yourself, what broker do you suggest? Should being regulated by IIROC a pre-requisite I should consider? It's hard to find other Canadian FOREX traders I can ask for advice, I have more questions if there's another way I can reach you. Thank you :)
This is a philosophical question. He does not have anything to sell to begin with. In order to open your short position and sell you kinda buy from the broker first what you're selling :)
I have a lot of respect for you Etienne but pushing this strategy to new traders will lead them to loose money. Finding tops and bottoms using the Bollinger band is very difficult and will them to make a lot of wrong trades. The low risk reward ratio you are using also gives them very little room for error. Finding the right setup is also going to be time consuming and subjective due the use of zones and trend lines.
Hi Etienne. Thank you for this video. I've now realised i have been over complicating my mind and trading over the last few years. I will now reset and start again. Really nice strategy. Well done & thank you
Thanks for sharing, it was very insightful. What TF do you see working better for the entries from your experience/testing with this strategy? H1 and H4 maybe?
I just launched my own funded accounts and we're letting people trade on TradingView. You can see the details here: app.desiretotrade.com/funded-accounts-members-only
its called trenching. you only took a trade once and then when you make a unrealized gain at your desired target you can then sell half of it or sell all of it. selling half of it makes your other half to go forward to stay in the position while the trend is going in your favor. while you already sell your first half which is your first trade. and the second trade is your ongoing trade. its just like you already have profited in your desired trade but you have extended your exposure on the market selling half of your gain.
Your contents are good, but please do use full stops while talking, take hour times
Hard to understand, sorry. What are the two trade set-ups? One if the first pullback. What's the other? Thanks EDIT: My fault . . . . If you look at his comments under the video you find a clear explanation AND a handy Table Of Content. I wish all youtube posters did this!
Hey Etienne I live in Pattaya. Do you do any meet ups over here?
Hit Like bottom but why the stop loss so big you don't scale down?
Nice strategy! Always nice to see how everyone trades so differently but still have an edge in a market. Love the videos. Keep up the great work!
Questions: do you move your 2nd half position's stop loss anytime after the 1st half hit TP i.e trailing stop.
Do you manually close the 2nd lot if it took too long going sideways not reaching your 2nd TP?
Easy and very profitable setup
Glad that was helpful :)
Awesome! Thanks again for sharing even though you have tons of videos on strategies. You are a real service to traders.
I imagine you did a lot of testing but why not take the entire thing at 2:1? Or move SL to 1:1 a 2:1 and try for 3:1 on the entire position?
TALKING TO FAST - :-)
Try playspeed 0.75x
i always wait for one setup, rest i dont care….This one setup makes me growing. It can happen 2/3/4/6 times a week, rest i dont care.
can you please tell me, a good platform to trade at, for people outside of the USA, i live in Morroco, i lately started to make money trading, but the platform (which is Binance) that I am using is making me lose all the money i win, (am winning more than i lose with risk to reward of 1/2r). based on my experience watching your videos, i believe everything you say, so am sure that you will introduce a trusty platform
Hello
As i understood u r selling half ur position on target 1 and the other half on target 2,correct?
If u travh target 1 but dont reach target 2, do u sell the unsold half at breakeven or do u risk it hitting your original stoploss in the hope that it will turn around and eventually reach target 2?
Thanks and congrats on your channel :)
This is a good example of a channel that ylu follow and you don't learn a thing some imaginary set ups
Thanks. Is it not not costley to hold trades for so many days. ( the swap cost for carrying a trade over to a new day )?
Guys please let's share the video widely. We need to get to our guy 50k subscribers
100k :)
Great video
Can you tell me which indicator you using (triangle).
It’s a custom indicator I’ve built for my strategy.
Thank you for all your time and effort in making these videos. I am a newbie just building a strategy. Do you have any views on using a volume at price indicator to show support and resistance? Thanks.
What % of account would you risk per trade? If you had £100,000 what leverage would you use?
Nice vid but a little overy head at the moment. Do you have any beginners vids to help people who are thinking of getting into trading?
don't begin with daytrading. run. FAR.
@@laurivaltter any alternatives?
@@Gizmo1st go on knees in prayer with your request, i didn't create the heavens and the earth, nor you. i don't know anything about you. what i know is that don't begin with day trading. long term investing, fine. daytrading, nott fine.
@@laurivaltter cool. Thx for the head's up
@@laurivaltter and I'll add an 'Amen brother's just to boot 😂
❤❤
Fantastic explanation. I learned a lot from this.
Glad it was helpful!
as a swing trader, whats the average amount of days or weeks it takes you until you take profit or until your TP is hit? how many pips is your max limit for your 'stop loss' or SL? im fairly new to forex trading and trying to figure out what works best for me... scalping or swing trading. I'm currently learning how to scalp better 😁
After each impulse, you bring your SL upto the dip of the last swing. If it hits, good chance of reversal and we should take the bag.
(From my understanding, I'm pretty new myself)
Thanks for the content. I am already on my way to success. Trade has been the main source of income, although I hardly do it myself
There is no magic in trading. The main secret of trading is to have a very strong and reliable signal, but that's not for novices, which is why I work with Larry Kent Nick Trading Services
What a coincidence!! It seems that he recently began trading with Mr. Kent. He has been the secret behind my trading success and his experience gives him an edge over other expert traders. I value he's services
He is obviously the best. I made a profit of $13,500 trading with him last week. He has made bitcoin trading easier than we think.
@ Larry Kent Nick Trading
Great video Etienne! Thanks!
Glad you liked it!
I hope you can give me that cap 🧢 bro 😶
Thanks man what's your win rate
Around 48%. That's why the 3:1 target is important.
easy to trade on the right side of the charts
These setups are very mechanical and easy to spot no matter what way you look.
Nice Video E, I took exactly the same trade and was also aware that it was also valid on the 4-hour chart, great coincidence. Cheers!
Welcome to Singapore 😊
Thanks Jimmy!
Hello from Ottawa :)
This is a very nice strategy, it really appeals to me. I am curious though, is this the only strategy that you tend to focus on? Or are there other strategies that you prefer? I currently trade breakouts, but I'm looking to add another strategy to my repertoire, and this trend following strategy looks very good. I love how clearly defined everything is making entry signals easy. Thanks, I'm loving your channel, keep up the hard work!
I have a few more strategies (i.e. weekly chart trading & breakouts) but this is the main one.
Etienne, first of all thank you for all your videos, they are very insightful. I'm new to trading and live in Toronto. Being a Canadian Forex trader yourself, what broker do you suggest? Should being regulated by IIROC a pre-requisite I should consider? It's hard to find other Canadian FOREX traders I can ask for advice, I have more questions if there's another way I can reach you. Thank you :)
You look to sell when you take shorts not buy.
This is a philosophical question. He does not have anything to sell to begin with. In order to open your short position and sell you kinda buy from the broker first what you're selling :)
I have a lot of respect for you Etienne but pushing this strategy to new traders will lead them to loose money. Finding tops and bottoms using the Bollinger band is very difficult and will them to make a lot of wrong trades. The low risk reward ratio you are using also gives them very little room for error. Finding the right setup is also going to be time consuming and subjective due the use of zones and trend lines.
Thanks for the information
say what?
Hi Etienne. Thank you for this video. I've now realised i have been over complicating my mind and trading over the last few years. I will now reset and start again. Really nice strategy. Well done & thank you
Are you going be after first tp is hit
Usually I don't move my stop loss, unless there's a big news or event.
Thanks for sharing, it was very insightful. What TF do you see working better for the entries from your experience/testing with this strategy? H1 and H4 maybe?
How many pairs do you focus on? Which are they? Thx
I like it, seen so many times trying to catch it properly, putting it to practice, Br,
You entered all your trades in tradingview ? In looking for a prop firm that uses tradingview but most only offer mt4/5, do you know any ?
I just launched my own funded accounts and we're letting people trade on TradingView. You can see the details here: app.desiretotrade.com/funded-accounts-members-only
Thank you Etienne!
i would like to see how you physically put in the trade. Do you have ATM and what platform is it?
I simply enter my trades manually on TradingView. I also have a separate algo on MT4.
Blessings from Puebla, Mexico.
Thanks for always tuning in, Antonio!
Hi,
What is the blue arrows below engulfing candles? Is that an indicator?
It's my own indicator for Bollinger Bands break + Engulfing candle.
@@DesireToTRADE thank you. What currency pairs this strategy work on?
@@suhasshinde2037 I trade around 10 pairs (USD/SGD, EURCAD, and AUDJPY being my favourites)
Great video thanks brother 👊🏽
What does first take profit mean? Does it mean that you place 3 trades?
its called trenching. you only took a trade once and then when you make a unrealized gain at your desired target you can then sell half of it or sell all of it. selling half of it makes your other half to go forward to stay in the position while the trend is going in your favor. while you already sell your first half which is your first trade. and the second trade is your ongoing trade. its just like you already have profited in your desired trade but you have extended your exposure on the market selling half of your gain.
I usually split my lot size in half and take 2 trades instead of 1... with different take profits.
LOVE WHEN YOU TEACH!!
I'll do more of those, thank you!
Really good videos never thought of trading until i saw your channel