0:02 This stupid simple scalping strategy
0:04 consistently gets me days like this and
0:06 like this. In this video, I'm going to
0:08 explain exactly how. And I've boiled
0:09 this down to be so simple that even if
0:11 you're a beginner, it's going to be
0:12 difficult for you to mess up. Best part
0:14 about this strategy, you can use it
0:15 almost [music] every single day. So, I'm
0:17 going to lay out and explain the exact
0:18 strategy. Then, I'm going to show you
0:19 this strategy playing out over the
0:21 [music] past 2 weeks of data in a full
0:23 back test so we can see how much this
0:25 model would have made to prove how this
0:27 model can lead to instant profitability.
0:29 Okay, so this model is the exact model
0:31 that I followed actually on yesterday's
0:33 trade and I was able to snipe this exact
0:34 spot on the chart. You can see I locked
0:37 in $1,700 at that point was floating
0:39 $8,800. And all said and done, I was
0:42 able to make almost $10,000 risking
0:45 $1,000 on a single trade following this
0:46 exact model. This is also the model that
0:48 I'm oftentimes trading in the live trade
0:50 videos that I put out on YouTube. So you
0:52 see how it works for me, but the real
0:53 question is how can you do it, too? So,
0:55 the objective today is how to get
0:57 results using a proven and simple
0:59 strategy in just a few hours of work per
1:01 day. In doing this, I'm going to be
1:03 showing you this one simple strategy to
1:05 find and set up these trades. That way,
1:07 there's literally no more guesswork.
1:08 We're just following the data and
1:11 focusing on consistent execution. And so
1:12 that we can follow the data once we have
1:14 this exact model locked in. I'm going to
1:16 put it to the test and I'm going to run
1:18 this through a twoe back test so that we
1:20 can see exactly how much this strategy
1:21 made. All right, so let's get into the
1:23 actual steps of the strategy. Step
1:24 number one is going to be starting
1:26 between 8 and 9:00 a.m. New York stock
1:28 market opens at 9:30. This is where a
1:30 lot of the volatility is going to rush
1:32 in. So, we want to be able to have our
1:33 chart hold up. You can see I have this
1:35 grayed out area to mark between 8:00
1:38 a.m. and 9:30. This is sort of the area
1:39 where the session is getting started and
1:41 there's an increase in volatility. If
1:43 you want access to this indicator as
1:44 well as the other ones that I'm going to
1:45 reference in this video, go in the
1:47 description, follow me on Instagram, and
1:48 DM me the word tools and I'll give you
1:50 basically all of my indicators. Step
1:51 number two, we're going to make sure
1:54 that we're between a 1 and a 5minut time
1:56 frame. So right now I'm on a 1 minute
1:57 time frame, which is where we're going
1:58 to be taking our trades. And what we
2:00 want to do is identify a trend. And
2:01 we're going to be following
2:03 consolidations. So I'm going to click on
2:05 this trend line tool here. And what I'm
2:07 looking for are these areas on the chart
2:09 where we tend to see price continually
2:11 bouncing off of. You can see we have a
2:14 downtrend leading into this area where
2:16 price has now broken through it. And now
2:18 we have this new uptrend here. So I also
2:19 want to go ahead and select this trend
2:21 tool. go to my low here and my high
2:23 here. So now we're finding key areas
2:25 where we can potentially get in on brand
2:27 new trends to be able to ride them in
2:29 that complete direction. Step number
2:30 three is going to be the most important
2:31 step and this is where you really have
2:33 to pay attention. This is where I'm
2:34 going to be looking for number one, a
2:36 decisive break with what's called a
2:38 change of character and a fair value
2:40 gap. So what we're looking for now is
2:42 for price to come in contact in closer
2:44 and closer proximity to this trend and
2:46 have a decisive push out of that low.
2:48 You can see this candle kind of broke
2:50 it. This was the first big candle to
2:52 push in that direction. Next thing that
2:53 we're looking for is something called a
2:55 fair value gap. Now, a fair value gap is
2:57 where we have a series of three candles
3:00 1 2 3 where the wick of the first candle
3:02 isn't overlapping the wick of the third
3:03 candle. Okay? And we want to see this in
3:06 close succession to a swing low in our
3:08 trend or a contact point on this trend
3:10 where we see a new low being produced.
3:12 So, we can identify this low price rolls
3:14 over has a candle close below it. In my
3:16 book, this is acting as our change of
3:17 character. And what I'm really looking
3:20 for is for this to happen in close
3:22 proximity to our change of character and
3:23 our fail of that trend. And that's going
3:24 to bring us to step number four. Now,
3:26 we're going to click on this short
3:27 position tool here. And we're going to
3:30 be targeting just inside the halfway
3:32 point of this fair value gap. So, once
3:34 price comes into this midpoint, this is
3:36 where we can enter our position, set our
3:38 takerit to be determined down here, and
3:40 set our stop loss up at this value. This
3:42 is where one of two things is going to
3:44 happen. Price is either going to push up
3:46 into our stop loss for a contained risk
3:49 or price is going to make a close below
3:50 this candle here, which is the next
3:52 thing that we're looking for. So, you
3:54 can see price pushes in our favor. We
3:56 finally get a candle close below this
3:58 level. This is where I'm now going to be
4:00 reducing my stop loss to my break even
4:02 point. And now we're eliminating risk
4:03 off the table. Next thing that I want to
4:05 do is take my take-profit and set it to
4:07 a 1:2 riskreward off of our initial
4:09 risk. I'm going to set a marker here.
4:11 Make sure that my takerit is to be
4:12 determined. And now I can wait for price
4:14 to close below that level. And this is
4:15 where I'm going to be taking off half
4:17 the position. And now here comes the fun
4:19 part. We completely reduced our risk
4:21 down to zero. So now we've locked in one
4:23 full unit of risk and we've removed all
4:24 the current risk on our position. And
4:26 now we can let the trend run. Okay? So
4:28 as price drops, I'm basically just trend
4:30 following this down. Every time there's
4:31 a high produced and a candle to break
4:33 it. So right here, that's where I'm
4:35 moving my new stop loss. You can see
4:36 high produced here. Candle breaks it.
4:38 Stop loss gets pushed down to this swing
4:41 high. Price drops even lower. stop loss
4:43 gets pushed down to this swing high. And
4:44 in a lot of circumstances, if we get
4:46 this big of a move, I'll just walk my
4:47 stop loss down into a space like this
4:49 and just sort of play into the momentum
4:51 until price reverses through it. And we
4:53 can close the rest of the position out.
4:54 You can see on this trade, we were able
4:57 to make 4.5x what we're risking while
4:59 reducing risk off the table as we go.
5:01 This entire move effectively happened in
5:02 23 minutes. Okay? And you can see this
5:04 is the exact type of move that I was
5:06 able to capture in this trade that I
5:07 took yesterday. Okay, so now let's go
5:09 over to all the trading days over the
5:11 past 2 weeks and play this model out so
5:13 we can see how much money would have
5:14 been made over this period. All right,
5:16 so starting on the first day of the twoe
5:18 period, we have our 8:30 mark here.
5:20 Price is starting to develop. We have
5:22 this level broken here. Fair value gap
5:24 with our change of character. Stop loss
5:26 under the candle 1 to2 set. Buy order
5:33 Stop loss goes to break even. Half the
5:36 position comes off the table.
5:38 Take profit under these swings and then
5:45 Price pushes way up. Stop loss comes up
5:46 underneath this candle low and we close
5:48 the position. At this point we also have
5:50 this trend establishing. Price comes
5:52 down. Tests underneath this low level.
5:54 Pushes underneath this low level. Change
5:56 of character area. Set up our order.
6:00 Price comes up fills us.
6:01 Soon as we get a break below that low,
6:03 stop loss comes down to break even. Half
6:05 the position comes off table and then we
6:22 Candle closed below here. Stop loss
6:24 walks into here and we close trade off
6:26 the table. It's also important to
6:27 remember sometimes you're not going to
6:29 have setups. So in a situation like
6:30 this, we have our New York open, we have
6:32 market trending in one direction, never
6:34 really making a full trend break. But
6:36 that is giving us information to be able
6:38 to take our trend level along all of
6:40 these highs and be able to find the
6:41 exact moment where we break out of a
6:43 critical level. So now we see price
6:45 breaking above this trend level, pushing
6:47 up through it definitively. So we have
6:49 fair value gap entry stop loss under the
6:51 candle change of character over that
6:53 area 1 to two set create our order
7:01 and this is really important. We need to
7:02 give the stop loss some wiggle room. So
7:03 you can see on this candle I'm putting
7:06 it comfortably outside of this candle.
7:07 Now we're waiting for price to break
7:09 above this high which is actually at our
7:11 1 to2. So price breaks above it. Half
7:13 position comes off. Stop loss is reduced
7:33 and we take the position off the table.
7:35 Okay, so the next trading day you can
7:36 see we kind of trended down here. No
7:39 real good actual setups in here. Maybe
7:40 off of this area which would have been a
7:42 win. We have this trend development
7:43 which here would have been an entry but
7:44 would have missed but would have been a
7:46 really nice trade. But there are these
7:48 lows being established along this price
7:50 action where we have price starting to
7:52 melt off a decisive push underneath that
7:54 area with a change of character. Fair
7:56 value gap midpoint entry entry placed
7:59 here. Price reverses down 1 to2 hit half
8:01 the position off the table. Stop loss
8:07 In this case we almost got stopped out
8:08 here but we have a break. So technically
8:10 stop loss is reduced underneath here.
8:12 This is a whiplash trade. Realistically,
8:13 we're out of this trade. Left a little
8:15 bit on the table. Okay, so obviously I'm
8:17 going over the examples where the trades
8:19 play out as good examples of the trades.
8:20 There's going to be losses. There's
8:21 going to be break evens. There's going
8:23 to be days where there's no good setups.
8:25 But even trading with this simple model
8:27 altogether, we were able to accumulate
8:30 $6.6,000 $6,000 risking $1,000 per
8:31 trade, which would mean if you're
8:35 risking $100 per trade, it would be $660
8:36 in profit, which is typically done
8:39 pretty easily with about $1,000 on say a
8:41 buy bit or a blowfin account, which are
8:42 the exchanges that I use to trade
8:45 crypto, or with something like a top or
8:46 apex account if you're trading on the
8:48 futures market. Okay? And like I said,
8:51 this is the boiledown simple version of
8:52 the model that I'm showing you. What I
8:54 wanted to do is be able to show you the
8:56 proof of concept with this model and how
8:58 it can allow us to find these entries
8:59 and play trends out. Now, it's one thing
9:01 to watch a video and it's another thing
9:03 to actually be able to go through the
9:05 nitty-gritty and fully execute on this.
9:07 The second thing is this is a simplified
9:08 version of the model whereas usually
9:10 when I'm trading this, I'm taking
9:12 between three to five trades on any
9:14 given day because I have what are called
9:16 confluences that give me more
9:18 opportunities to play my edge. This is
9:20 what I go over and share with our
9:21 private students who have gone through
9:23 the education. You can see Harry Smith
9:26 32 risk factors on a trade. Massive
9:28 position making 32x what he's risking.
9:30 You can see one of our top students,
9:32 Joe, cleaning up almost every single day
9:34 using this exact process to take these
9:35 high conviction trades. So, I basically
9:36 wanted to share this with you.
9:38 Regardless of the amount of money you're
9:40 starting with, mastering this process
9:42 and taking trades where you can make 20,
9:44 30x your risk, this is the opportunity
9:45 at hand with the strategy and why I
9:47 wanted to share this with you guys. If
9:48 you want to learn these full models,
9:50 access to the full education, and our
9:51 trading team, you can check out the
9:53 resources below this video. Make sure
9:54 you like this video if you found value.
9:56 Subscribe to the channel if you want to
9:57 know when I put videos out. Put another
9:59 video right here of me trading this
10:00 strategy live. But until next time, I
