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In this video, I revealed a simple yet effective scalping strategy that works daily. It’s a completely rule-based, and all you need to do is follow a simple 3-step checklist before entering a trade.
To prove that this strategy works, I’ll also show you some real trade examples on popular markets like Crypto, Forex, and Gold.
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Quick entries, quick wins 💹
Used this method today on my first trade and won!!! Used it again and got stopped out but only because I kiiiiind of broke one of my own personal trading rules, so all in all a great day!!! I will continue testing for the next 29 days for a total of 1 month of testing the strategy on my paper trading account until I go live with my own money!!
Predicting the direction of the candle is easier than managing psychology.
Stop using 2R profit target. or 2.1 Risk to reward ratio. Most stocks just go up a bit and go down. You won't get your 2R most the time. it's rare. You end up losing most the time because it hit your stop loss and you didn't take profit when it was going up.
for those who know CRT already its easy
If we have to mark the 4h range then we have to wait till 12pm for the 1st 4h candle forms of the day!!?
WHAT DO U MEANT BY THE END OF THE DAY OR THE END OF US SESION ONLY ???
Please guide me a reliable fx broker name ?
What about indian markets
Sorry, if this is a dumb question but Is this options or just regular trading?
Surely this will work on any 4hr candle not just the first 4hr on New York?
Pls does this strategy on works in utc -4 because am not from New York
Bro can you give us any indicator or strategy for Indian market please 🥺
You mean my next candle after the London session?
I live in Italy, if I set UTC NY time, the first 4h candle that forms, starts at 3.00 a.m. and ends at 7.00 a.m. obviously. Should I use this one or the previous one?
yup ! this is very simple setup and easy to know where direction will going to. but becareful 4H range candle of FVG.
How to do it in mobile phone?
For the ones who are curios: this strategy works? Yes in part, probably sometimes you'll get a stop loss. I actually tried this with my own money and I managed to make 7$, but you cant just actually set the SL and TP and let it go, you have to follow almost every move. I suggest to use this strategy in crypto bc markets are very unpredictables.
Does this work for cryptocurrency other than BTC (ETH, ZEC, BEAT) like you did in your video?
Can we get a bot to do this strategy
It is worth??
Does this strategy work only on the 1st 4 hour candle of the day or I can use it for others
Is this compatible with MetaTrader? How do I do it in Indonesia?
is it ok if one takes partial profits?
so in wintertime i use the 4hours chart at 3am or 11pm?
I didn't understand the step 1 like how the the lines became so wide you just marked the top and low of the candle that was short so how in the step 2 it became that much big
Its with a good win rate with the NewYork time zone but other time zone will give u multiple losses📈
Great strategy. Thank you
But with confusion of part of first 4h candle falling on previous day, is it ideal to just mark first four H1 candles that forms from 0.00am new youk time?
I think people take loss because they want to find tops and bottoms of stock. If you just take take trade on higher time frame trends you will make money dont look for home runs take small profit and stop there.
I'd like to ask which bar represents the four-hour New York time in winter. Can anyone answer this? Thank you! 🙏
Wow 🎉🎉🎉before i finish your Video i back test the 4Hr candle has done extra as you have explained
Day 1st 4hr change & after we change it to 5 minutes it shows that minutes already gone above the lines we made for 4hr , can someone explain this? Check on 17th December after marking the 4hr i changed it to minutes
Is it work for BTC
Hi Im trading on coinbase in the LA time zone, and cant find a UTC-4 New york time zone to trade in and the market is behind an hour. Does anyone know how to help fix this?
first time in life I learned 4 hour range candle strategy ❤🔥
how do you make 1 candle resemble 4 hour im new to trading so can you help me
How do we use this strategy in Asutralia? NY has already closed and completed its tradig day before we open. Which 4 hour candle should we use?
does this work on stocks? or just crypto