Best 5 Minute Strategy for Daily Profits (Live Trading & Full Breakdown)

Trading does not have to be complicated and this video is proof of how by keeping things simple, you can make some decent profits in these markets. Specifically, we're going to be covering a five-minute strategy focusing on basic entry-level trading concepts like trends, support, resistance that allow me to capitalize over 200 pips of profit just by keeping things simple. We did use one indicator which we will discuss more towards the end of the video because this is to serve as an added confirmation for our entries. But as we do with all of our videos, we're going to share with you our live trade entries, results, and footage. So that way you can see that these aren't hypothetical scenarios. Is to show transparency and proof of concept, but more importantly, so that way you can see how this unfolds in a live market environment so you can apply this simple 5minute strategy into your own trading. Like and subscribe if you enjoyed today's video and gaining value. But with that being said, let's hop into the charts. Now, as a quick announcement, as many of you know, a couple of months ago, we posted a market structure master class. We did a trend line trading master class. So, we are now currently in the works of preparing a support and resistance trading master class. And then we're also going to do a master class on trading psychology. Our master classes have been a big hit for the fact that we cover a lot of valuable information most other videos out there don't cover alongside with live training examples. So for those of you who are new to the channel or haven't subscribed yet, make sure you subscribe so that way you don't miss out on any of our future content including the upcoming master classes that we'll be rolling out for free in the next coming weeks. All right, folks. So, if you have any questions or need help, feel free to message me directly. you can access all of my official content information down below in the video description. But feel free to also drop some comments down below in regards to any feedback. Whether you enjoy today's video or if there's any topics that you would like us to cover in future videos, we would love to hear from you. Share us your thoughts. Again, comment down below. So, our first point of interest was a sell that we had taken. As you can see here based on the footage, we took a sell entry at 4134 with a take-profit set at the nearest level of support at around 4105. Now, the reason why we took this trade just off of face value based off of what we could see at the current area of the chart, we have bearish structure. We have a descending trend line where, as you can see, price rejected that trend line, entering for our first trade as a result of this bearish engulfing candle. As price progressed, we can see price dropped about 100 pips in profit before returning back into our entry zone, retesting that trend line once again. As you can see from this point, price is now breaking out of our trend line, which can cause a lot of retail traders to believe, well, okay, if price is breaking out of our trend line, this might be a trend reversal where we could possibly be looking for buys. But as you can see here, instead of going for buys, we ended up doubling down and taking another sell at a slightly higher price point at 4140, targeting the same take-profit zone as our first entry. So now we have two sell entries, one at 4134 and the other at 4140. As expected, price did come back down below our entry, below our trend line. And as both of our trades dropped deeper into profit, we took the necessary precautions into trailing our stop loss above certain levels, which for those of you who don't know, by trailing our stop loss, this does two things. It removes the risk from your trade. And it also guarantees that if price were to reverse and hit your stop loss, it's going to close your trade in profit. Now, as price got closer to our take-profit zone, as you can see from the time stamp, we're also approaching the market close. So to play it safe, I trailed my stop loss down a little bit closer where basically price is now sandwiched in between our take-profit zone and our stop loss. So in other words, whether price goes up or down, our trade is going to close in profit. Eventually, price did drop down to our original take-profit zone, but not before spiking up, hitting our stop loss, closing our first position from 4134 at 4112 for over 200 pips, and our second entry from 4140 to 411 for just under 300 pips. By the way, folks, as a fun fact, this second sell entry that we had taken at 4140 is a trade that we also called out for our students and members within our VIP. As you can see here, we called out for that cell between 4138 and 4140 at 12:04 p.m. based off of the timestamps 12:04, which is right around here. Beautiful entry where our students and members were able to capitalize over 400 pips total from our takeprofits 1 through 7. So, if you're interested in following our own personal trades, you can learn more information about our free VIP down below. So now let's re-evaluate why we took these trades in the first place. We've already covered we have bare structure. We have a descended trend line indicating that overall momentum of the markets is down is bearish. From our first entry, we could argue that we had a couple of resistance zones. We had one here, but we also had a lower zone as a result of this bearish engulfing candle where we took our entry based off of this minor structure here on the left. But when price broke above our trend line, you know, like I said earlier, this causes a lot of traders to think that the trend is breaking. It could be a possible trend reversal. Why did I take a second sell entry outside the trend line? And the answer is simple, folks. Just paying attention to the structure. This resistance zone never broke. Price came up, broke through our trend line, retested our prior resistance zone once again, failed to break through it, and as a result, pushing price back below our trend line, resuming its original downward movement. From higher time frames, we have a multiple touch point trend line from the higher time frame, where this minor fake out that occurred on the 5minute time frame was a minor wick rejection on the higher time frame. again respecting that prior resistance. So in other words, we're following the trend which is bearish, right? So we're looking for sell trades and we are selling at points of resistance. Pretty simple and straightforward. But like I said earlier, we did use one indicator as an added confirmation for our entries and that is where the RSI came into play. Based off of our point of entries, price was creating higher highs, but the RSI was creating lower highs presenting a bearish divergence. So on top of everything else that we talked about, our descending trend line, our levels of resistance combined with the bearish divergence, all the more reason why we took our first sell and then double down on our second entry, capitalizing over 200 pips from each trade. So there you have it, folks. I mean, like I said, we'd like to keep things as simple as possible. This is a five-minute strategy following basic entry-level trading concepts of trends, supports, resistance, and then of course using an indicator of your choice as an added confirmation for your entries. One of many things I teach within our trading communities. Obviously, I love to trade gold. But of course, you could apply this to whatever assets of your choice. But at the end of the day, folks, just keep it simple. This is what I personally teach and has served me very, very well over these many years, paying attention to what the markets are showing you and just identifying a couple of confluences to confirm those buys and sells. All right, traders, that concludes our video for today. Hope you gain some value. Again, if you have any questions, reach out anytime. Don't forget to check out our trading resources down below in the video description. If you want to watch any of our recent uploads, you can check out these recommendations. Thanks for watching. We'll see you on the next one.