BEST Forex & Crypto Scalping Strategy For Beginners (HINT: Follow The Opening Channel)
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Discover an effective scalping and day trading strategy that could help you become more successful when trading the Forex and crypto market. In this video …
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Hey, are you going to do a video on NY session?
Which Timeframe to use for this strategy? And do we determine the trend using higher TF or lower?
At some point you are completely right but let's say there was a high news impact on the opening of London session or Frankfurt this will lead the market to go crazy without respecting any channel
Ok, first off, I love this strategy and have implemented it into my own, thank you. Secondly, if you're using this on a 5 min chart, does the market trend matter for this? Say it's a breakout above opening channel, but overall market is in a downtrend. Generally I would say don't trade, trade with the trend, but if you're on a 5 min, does that trend really matter? The past couple of days backtesting this has seemed to produce great results, but also a LOT of missed scalp opportunities between structure if you're waiting for it to go with the trend. If you're in a MARKET down trend, and it breaks above the opening channel, you then have to wait all day to see if it will end up crashing back down and breaking out of the bottom of the channel.
i saw that your RSI is 21 and not 14 as the default. is this the right lenght?
Another Fantastic video, so well produced, I'm glad I've found your channel all these years ago!
The amount of data analysis behind making this video is huge !!. So many confirmations make you believe in a stretegy that's so unique in itself. Thank you so much ❤️
Im so happy to came across this video! I see it like a huge "edge" to add in my strategy. And give me more clarity when im in! Really like to add this up. Thanks! And is calm to here you explain too.. there is so much shit info out there. Continou with this awesome work you are putting on. Value info right here everyone!
Hello! Since I trade the NY Session, do I use the first hour of the NY session or still use the Frankfurt session as my no-man's land? Thank you.
Question – You set the range from the high and low of the opening candles for each session, including the wicks ? – correct ? using the M1 time frame ?
What pairs do we use with strategy?
Helllo Mr. Secret Mindset !!! … I learned about you from Arty ( The Moving Average ) and I have to thank him for being generous enough to give you the CREDIT and RESPECT that you deserve. Great content, great video quality, great methodology. I love your work and you have my respect !!! Stay safe and healthy !!! 😉
This is super great strategy specially for people who have day job. It is very clean and rule based strategy. Play with it for a while and you may find ways to make this strategy even better.
I love this!!! I am back testing and seeing excellent trends. Also, I am amazed at this working for Crypto as well, I have noticed many moves happening overnight when I am sleeping (NY EST) and wondered how one could capitalize on that….this may be a good strategy for that…any thoughts on why crypto is affected the same as the forex market? Is it just the fact that Europe is playing a big part of crypto trading and the moves there are making the movement in the US?
Excellent video. Thanks!
Is there a similar strategy that works on US 30? For US timezone based people.
Thanks
How do I apply this to the Asian session?
Wow-what an amazing video. Thanks for sharing your findings.
Can i get help? I am in time zone UTC+1 what time should i set for london?
Great information. Thanks.
Thank you. What would be considered the opening channel for the New York session? You may have answered this but please do so again. Thanks again
My friend, how should we set the time for the NY session… does not sees to work.. that well if not using the Frankfurt/London session.
Is this strategy good for the New York Session also? If so, can you give a quick summary of the strategy for the NY session?
thank you so much for your amazing contents. I think you are the most pro there is around. You are able to explane this concepts in such a beautiful and simple way that even a smart child could understand. and no one on youtube is doing that. not even big names 🙂 so i take off the hat to you. keep up with the great work!
I have a question if the range between Frankfurt to London Market Open it's to big is it still worth to be trade or not? Because usually if the candle is too long (Bull/Bear) the price will back into the range again for cover the liquidity void. What the ideal between the range for this strategy especially in Forex Market (Major Pair) ?
Thankyou, this trading technique is particularly helpful
Sounds like this is based partially on Gann's approach minus the astrology.
Please I need someone to help me trade or invest the forex or crypto market because I'm tired of trading in losses myself. I've blown my account twice and it's frustrating.
would really love a follow up video to this strategy i've been backtesting this since it was posted
so precise and valuable. Hats off man🙌🙌