Full transcript (6772 words)
I had an extremely difficult period of time within my training at the beginning of summer this year and everybody knows that the market can be a little bit more difficult to trade during summer price action. And as summer came to an end, I thought that well, now that it's over, we're going to return to normal price action and I'll be able to trade as per usual. But then I would go ahead, log in around 9:30 to watch New York session and I would see that there's literally nothing happening. There would either be no trades to take or the trades that you do take, they don't play out fully and there's not very good delivery. At this point, I thought, okay, maybe just take like a week off of trading. Let's see if I can come back with a fresh mind and maybe the charts will speak to me different. Now, before I actually ended up making that decision, I thought, okay, let's do some more digging. Like, what could actually be causing this? Because I noticed that it wasn't just me saying that price action was bad during New York session. It was objectively bad. And a bunch of other great traders that I know were seeing the same exact thing. So, I really wanted to find out what was the root cause of this. And it wasn't long until I realized that it wasn't just New York session being bad. It was just because the other sessions were moving so well and all the moves were happening in the evening or overnight. And it would make sense that if we're moving super well overnight a ton of volume that maybe New York session might not deliver the best. So, then I started applying my trading system to different sessions other than New York session and more specifically trading Asia session. So, then when I started to trade during Asia session rather than New York session, I did that for an entire month and during August, I was able to make over $137,000 from trading alone and I'm going to show you guys proof. I'm going to do a live broker login for you guys right now. So, as you guys can see right here, this is my live account broker AMP. And if we can take a look over at what I have shown right here, this is the first week of August. If you look, starting the 3rd is when I took my first withdrawal of the month. That was $6,000, $11,000 after that, $16,000, $11,000. Then we move on to the rest of the month. We have 5,000, 6,500, 3,500, 7,000, 6,000, 6,000, 18,000, 11,000, 11,000 and then 6,600. So, if we can take a look right here, let's go ahead and add all these numbers up. That right there equals $124,600. Now, that is just money from my live account. That's not even counting the money that I've made from my funded accounts. Obviously, the point of me showing you guys this is not just to flex on you. This is literally just to show you that what I'm going to show you inside of this video is actually useful. You guys are going to be able to apply it and there's so many different ways that you can actually be using this to make money on your guys' accounts. So, right here, as you guys can see, these are screenshots of trades that I took. These are my actual executions of me trading on my live account and then the last one that you see right here, this is a across some funded accounts. One thing that you'll notice across all of these different trades is this little red line right here. You see that red line? That's where I'm taking entries off of. I'm going to go ahead and give you guys some chart examples and then reveal to you exactly what I'm doing. So, first off, I want to break down the first part of this strategy. And so, what it's going to be is using the Fibonacci tool paired with a couple other things. If you guys do not have settings for the Fibonacci tool and you're whipping it out for the first time, it's going to look a little bit whack. So, you guys can go ahead, copy my settings right here. You guys can take this down, screenshot this, whatever you have to do to save it for later. Now, looking at this tool, there might be a couple of things that you guys are familiar with. We obviously have the bottom and then the top of the range wherever we're marking it out from. In between there, right in the middle, is equilibrium. This little red line that I was showing you guys before, this is what you call OTE. It's the 0.705 of the range that you are trading in. Now, you can also see that we have the 79. This is another level that I pay attention to that I'm going to show you guys exactly why I have it marked out later on as well. But, pretty much what we're doing is we're taking this Fibonacci tool and looking at the ranges that we create overnight or even during New York session to then take trades off of and we are treating these as key levels as to where we want price to reject from. Now, before I show you guys examples and showing you how exactly the strategy works, I want you to look at the reason we're doing this in the first place. If we go and look at the New York session, these are these green boxes right here, we can see that during New York session, we have had terrible delivery. And then if we go to the 5-minute time frame, you can see that this looks completely awful. We delivered nowhere, we took out zero liquidity. And if you're sitting here watching this chart, you know that there's no trades to take. So, with that being said, I was tired of it and I ended up moving to Asia session. Now, it wasn't just one time that that happened. This happened literally 2 days in a row. This is from the day before, we open up and we take out London session. On the New York open candle, we take out London session and for the rest of that entire New York session, we took out no more session highs or session lows until over an hour into market open. And even if we look at the 1-minute time frame, yes, when you look at later on in the market, we ended up moving up. However, there is literally zero entries to end up catching this move. There was little to no displacement. We did not have good structure in the market. And so, yes, even though we ended up moving, there was no entries and no good points to get in at. And then we have the day before that, just to prove my point a little bit more. New York session opens, we end up creating a little bit of a range right here. I'm like, okay, it's the first few minutes of market open. However, for the rest of the session, we end up going up, down, up, down with no delivery, no structure, zero liquidity was taken during the session whatsoever. And so, at that point, this is when I decided I'm going to start looking at Asia session and try to see what I can find as far as entries go and if we can actually get any good delivery. And so, yes, like I just showed you guys before, I made over $130,000 doing this just during Asia session. Now, the main goal of this video is that you'll be able to do these three things. Number one is that you'll be able to look at Asia session, understand how it's moving and why we started to trade that. Number two is going to be understanding the tools and the confluences that we are using behind the strategy and understanding the strategy for yourself. And the number three, the main goal of this video is so that you are going to be able to log on to Asia session and be able to trade using the strategy that I'm showing you right now. And then ultimately, by the end of this video, you'll be able to walk away knowing a strategy that has made me over $130,000 in a month so that you can make a lot of money yourself. By the end of this video, you will be able to do all three. So, as you guys can see right here, I have five different examples pulled up so I can show you guys exactly how this is used and even examples of trades that I ended up taking using this. Now, the reason why I love this strategy so much is because it is very simple. You're literally just taking trades based off of a key level that you marked out and that is it. You don't have to do any complicated analysis. You don't have to look at a bunch of different time frames. You literally just mark out the overall range that we are in and take trades based off of that. But, don't worry. I'm going to show you guys examples so you get a deeper understanding of this so you can actually use it for yourself. Now, for the first example, I'm going to show you guys a trade from New York session that you could have taken. This is because I know most of you guys are trading during New York session and so this is what you're used to. However, all of the examples that I'm showing you guys here in a second, they're all from Asia session. So, we're going to go with familiar to you guys, New York session, and then show you how to apply it during Asia session. So, right here, as you guys can see, we have example number one. What do we do in this example? We take the Fibonacci tool and mark out from the very top of the range, right here, then the very bottom of the range. This is what we created during New York session. As you guys can see, what does that line up with? This level right here, we call this the OTE, and something that I want you guys to pay attention to is what is also right next to the OTE level. We have a nice 15-minute fair value gap right here. We can mark this out, and this is just an extra layer of confluence that we can use to find really well-working OTE levels. So, just to make sure that we know that, and if you guys are taking notes, make sure you write this down. OTE level plus higher time frame fair value gaps. They are much stronger than stand-alone OTE levels. So, making sure that we know that having a level paired with a fair value gap confluence like that, or even a liquidity sweep, or a session high, session low, whatever it is, if you're pairing it with another confluence that you might regularly use, a lot of you guys are using fair value gaps, maybe you're using order blocks, whatever it may be, when you pair it with those things, especially this becomes extremely strong. And so, what you guys can see with this right here, we have the OTE getting tapped into with a 15-minute fair value gap right here. And so, let's play it out like this is actually in the live market and we are trading this. I would take into consideration the range that we are in. I'd mark it out from the top to bottom in this case because I'm looking for a bearish trade. If you're looking for a bullish trade, you'd be marking it out from the bottom to the top. However, I want to take a bearish trade. What you guys can see right here is we're about to tap into that OTE level. And so, for me, I'm going to be looking for a limit order. I'm only doing limit orders when I'm trading OTE. Some people like to wait for entry triggers. I literally just set limit order. And the reason why I have a 79, like I showed you guys before, is because that is actually where I rate where I put my stop loss. It's either at the 709 or a little bit above it. Considering that we have a fair value gap right here, I'm feeling protected by the 79 and this fair value gap. So, I'm going to put my stop loss right there. And then, for my take profit, I can put it down here. This is an unfilled 15-minute gap. And so, this is an example of how I would play this trade. You set your limit right there. Again, it's exactly at the OTE line. Sometimes, you can put it down a little bit shorter just to make sure you get filled. Right here, we have it exactly on that line. Stop loss goes right here. Take profit goes right here. And let's see what happens. So, if we take a look right here, this is on the 1-minute chart. We marked it out, obviously, on the 15-minute, but it's the same range no matter what. So, right here, after we play a few candles, it looks like we're going to tap into OTE here soon. When we end up doing that, we see an instant reaction right there. We honestly, we might come a little bit higher. However, I'm very confident in this because we have it paired with a fair value gap. However, if we play this trade out, you can see that even though we do end up coming up a little bit, we show respect inside of that fair value gap. And we get a good, nice entry with a strong risk reward using the OTE. At this point, what you could do is move your stop loss down a little bit to make sure that you guarantee a better risk reward or even move it at break even. I'm not really a fan of going break even, especially at key levels, just because if you're entering at the key level because you think that there's going to be a reaction there. Why would you put your stop loss at break even if you're also going to expect a reaction there? So, I'm not a big fan of going break even. However, I will trail my stop if I notice it's going in my direction. And so, right here, and what do we see happen? We get very clean, very nice delivery. And right there, we end up hitting TP. And so, right here, if you look at the 15-minute time frame, you can see we tap into OTE, we get beautiful reactions, we completely dump down into our take profit. We started off with a two risk reward. Now, when we move it down because we trailed our stop loss, we ended up finishing with a 4.4 risk reward. And so, this is just an example of how we can use it during New York session. However, we are here because New York session has not been the best lately. So, I'm going to show you guys how we can use it during Asia session. Now, the second example that I have here, this is actually from Asia session. So, what I typically see happen during Asia session is that even when we open up, sometimes we open up bullish and then we manipulate down. And so, typically what I've seen during Asia session, when I get the best results, is when I mark out the overall range. But, even inside of the open, a lot of times what you see is that we manipulate to one side and we end up coming down, getting some sort of retracement, and then trading back up. And so, this was actually a trade that I ended up taking on my funded accounts. What we see right here is we end up opening up, we manipulate. Because this is a bullish example of a trade that I'm trying to take, I mark it out from the bottom to then the top of the range. And what we can see right here is OTE gets tapped right there. And if you're taking your entry, you're marking that out, stop loss can go right around here or right below 79. That is where I like to put it. However, you can see that we get a beautiful trade to take off of this. You can go ahead and target these highs right here, a little bit before this 1 minute, or you can either try to take a trade to this candle's body. Again, when I'm doing take profits, I typically try not to target the wicks. Again, when I'm doing take profits, I really try not to target wicks because within the wick there's a lot of orders and if there's a lot of orders where you're trying to get your take profit hit, there's a lot of times it can actually reject off that. That's probably why a lot of you guys get edged whenever you're trading. You can see that this is an example of a trade that literally bottom tick, you have zero drawdown, and you end up taking a banger trade. However, it's not only just this, there's more examples within this session alone. So, then if we let this session play out a little bit more, we can see that we end up going super, super, super high. And if we go ahead, I want to take the bottom of the range to then the very top of that range. Now, the reason I said I find the most success whenever I'm trading this using a broader range is because typically the bigger the range is, the more obvious the reaction is whenever we actually end up coming down into it. And so, that trade that we showed before, that was on the 1-minute chart and that was using a range from literally right here to right here. We end up catching a trade, yes. However, when you're using the entire Asia session or like I showed you guys up here, the entire New York session, that is when the best reactions typically occur. And so, we can see that if we mark the bottom to the very top of the range, play a few more candles, I'm going to set a limit order right here and see if we can end up catching something. Stop loss going to go right around here. Take profit. I'm going to try to see, but right now I like this area. So, let's see how this ends up playing out and if we even get a tap. Okay, we come down a bit right there. I'm still a fan of this take profit and literally, as you guys can see right here, I mean, it's kind of already obvious. However, you know, when you see that play out, get the very bottom of the trade and we end up getting a pretty nice delivery right there. Full take profit hit. You caught the bottom twice in one session just using this and I think it's absolutely beautiful. Especially if you can catch it on a bigger range like that because that is where I see it work out the most. I really want to make sure you guys are able to nail this, so I'm going to give you guys another example from Asia session and I want to give you guys some more game within this. This is where it can get a little bit tricky because if you take a close look at example number three right here, we have a bearish range that we end up opening up with. We mark out the top to the bottom. We can see that we have an entry, beautiful trade entry right here and we play all the way down. However, if you also look to the left a little bit, we have the bottom of this range to then the top of where Asia session opens, we have another trade that right here we end up playing beautifully from the bottom to the top right there. We have this entry available to us and so even in this one example, we have an example of a bullish trade that we can take right here and a bearish trade. However, the way that I know the direction in which I want to trade it is just what is the narrative of the market overall? If we take a look at the 15-minute chart, I think it's safe to say that we've been pretty bearish for the most part. But in trade number two that I showed you guys, the narrative of the market was pretty bullish beforehand and so what I like to do is I like to just take a look left and let's see what we can actually find. This example was clearly bullish because the market was clearly bullish. We had good session highs above us that we were able to take out. However, in this example, we have been pretty bearish and we also have some New York lows that we could be taking out. So, the way that I find where I want to take trades into, because we have examples of bearish trades and bullish trades, is look at the overall narrative of the market and where are we trading towards overall? So, again, if I was going to play this scenario like I would in the live market, what would I do? I'd wait for the Asia session open, which is 8:00, and I would take a look where are we manipulating to first. We have a very bearish open, and then from there we end up having a nice little range that we create. Again, this is where I showed you guys the bullish example of this trade. However, I would not take this one simply because it goes against where the market is currently trending and where I think the overall draw on liquidity is. So, because we want to take a bearish trade, what we can see right here is we have the top to the bottom, which we mark out. And then if we take a look at OTE, this is where I'm going to want to set my limit. So, limit right here. My overall draw on liquidity is going to be these New York lows. And so, this is a little bit more risky, and I would not typically play it this way. My best advice for any of you guys who are trying to hold runners with this because you can catch some pretty nice trades with this. Really try to be aggressive with your management on your trades. Go break even at certain points. Even take partials if you have to. In this example, I'm probably going to be taking a partial. So, instead of holding both of my positions right there, I'm going to take the sell limit. I'm going to be scaling out one contract at these lows right here. And then my last contract, I'm going to leave a runner down to these lows right here. And so, if we take this trade, the example is going to look like this. You're taking a short right here. Stop loss again goes above the 79, but then also I want to make sure that it's slightly above this 5-minute. And then take profit is going to be all the way down here. Now, from this point on, let's see how this trade ends up playing out. We have the OTE. We also have what looks like an order block right here, plus a little 5-minute. So, we have a few things lining up with us. I'm a really big fan of this simply because of these New York lows that we left down here and the overall narrative of the market has been bearish. All right, so it looks like we did not get an entry yet. Right there we end up getting our entry. Let's see if we get an instant reaction, little bit above it. It's all good though. Now we get that reaction that we wanted. So, typically after you get this reaction, this is good confirmation. If it goes above the 709 and kind of lingers around that area, that's the best way to know that maybe it's not the best trade to be taking and you might be looking at the wrong direction. However, play a few candles and we can see we scale out one contract there. At this point, I would be going break even to make sure that not only are we making money, but we're guaranteeing and we're being aggressive with our management on this trade that we're not going to lose money either. And so, come down a little bit more, maybe. Looks like this is going to be a good trade for the New York lows. I have high conviction in that. And there we go. Last contract taken out right there. Just like that, that is an eight risk-reward trade just using the OTE on Asia session. Now, this next example is very important because it's actually showing you guys that you don't just have to mark out the range from the Asia session or just from the New York session. You can use the range of all the sessions before it to then see if Asia session wants to manipulate into it. And so, typically what happens is when I'm looking for Asia session, I'm watching it during the open. And I'm trying to look even maybe before the open to try to see where I can potentially catch a trade. If you guys look at the range that I have marked out right here, this is not just the bottom of the New York range to the top of the New York range. This is the bottom of the New York range to the top of the New York PM range. And so, right here, we can see not only in this example, we have a 15-minute fair value gap right here that I'm going to mark out because that's going to be an additional reason as to why I actually take this trade. And then we mark out from the bottom to the very top of that range. Not only do we have the 15-minute, but we also have the 7:05 right here. We have a great level for our stop loss as well. And so, right here, this is 7:15. Asia session opens at 8:00. And so, as we can see, we get the price coming down into this 15-minute. And I'm going to go ahead set my limit right here. Again, my stop loss is going to go below the 7:09. And then my take profit, I'm going to want it to be right here. That is because we have a 15-minute gap right here. And I'm high conviction on this playing out simply because I don't know if we're going to go all the way up to these highs right here. However, I'm very confident that if we are going ahead up, this unfilled gap will get met. And so, right here, setting my limit. Let's go to the 5-minute time frame and see how this plays out. Play a few candles. We have Asia session opening right here. And it looks like it's actually probably going to tap us up on one of the opening candles right there. Let's see the next candle. Do we get a reaction? Yes. So, that instant reaction like we want right there. Again, we don't really want it coming down to the 7:09. However, if it does, it's not a bad thing unless we're lingering there. If we get a reaction off the 7:09, that's fine. However, we stay below or we're not reacting to anywhere within this area, probably a bad indication of the trade. I'm pretty confident that if we can inverse this 5-minute, I'd be good with going break even on this trade. In the very next candle, we end up inversing this 5-minute. At this point, this is where I'd be comfortable going break even. Some of you guys may even want to scale out a contract. However, super high conviction on this trade, and so let's see how this plays out. Play a few more candles, and do we get the take profit? We do. So, right there. Super easy trade. I'm using literally just the range in New York session to the PM highs. Right there, we have Asia session off the open manipulating down tapping the 705 using that 15-minute fair value gap as well respecting that, and we get a 4.4 risk reward again on this beautiful trade. All right. So, in the last example of this, I want to show you guys again a mistake that you could be making, and I want to make sure that I'm very thorough with this explanation so you guys know what trades to take, what trades not to take. Obviously, the reason why I pointed out the narrative of the market before is because that's going to play a big role into what trades on this you're actually going to want to take. As you guys can see right here, the narrative of the market has been super super super bearish. We have had a bearish New York session bearish continuing all the way into the Asia session. And so, coming into that, the reason why I don't really want to be taking bullish trades even though right here you can see if we mark out from the bottom to the top of the range, we could have a pretty decent setup right here. However, we end up coming down too far within the range, and ideally with our stop loss below the 79, we would still get stopped out there. However, with this other trade that we see from the top to then the bottom of the range right there, let's play this in real time like we did for the other examples. We take the Fibonacci tool. Now, we marked out the bottom to the top before, but you can also use that same thing to go from the top to the bottom because we are trying to take a bearish trade. Why are we trying to take a bearish trade? Look at the narrative of the market. That's where we're going to find our most probable entries. And so, right here, we can see that we don't necessarily have any sell side liquidity below us that looks really compelling. So, why am I trying to take a short? It is simply because the narrative of the market I feel is super confident taking a top tick like this rather than a bottom tick trying to hope that we reverse there. And so, right here, we mark out that range, and we end up coming down pretty decent bit. And so, right here, I'm looking okay. We already came down. However, do I think that we can follow through anywhere or maybe catch an entry to take an internal low low And so, right here, top to the bottom, we have the OTE set up right here. We also have a 5-minute fair value gap combined with that. It's where you're going to find the best trade. So, right here, I'm opening up a limit. Stop loss is going to go slightly above the 79, like we did before. I'll do just the even 650. And then, because we don't really have any clear targets below us, what I'm actually going to look for is an unfilled gap, maybe on the 1-minute or the 2-minute. Let's take a look. Now, in this example, it's extremely hard to find where you would actually want to put the take profits. And so, in trades like this, you're not going to have a set place in where you want to take profit. You're really going to be managing this trade as best as possible to try to max out your profit without losing any money. And so, right here, we can see we don't have an official take profit set. However, I'll just put it down here for right now. And so, the reason for me showing you guys this example of this kind of trade is because, again, sometimes during Asia session, there's not going to be those hard take profits because, especially if we have a New York session like this, and we take out pretty much all the lows or all the highs that we had before, there's not really much liquidity for Asia session to take. What we're going to see is that, even in examples like this, where it might be harder to find a trade, you're still going to be able to catch an entry and maximize your profit if you manage your position correctly. So, I'm going to show you how to properly manage it. So, right here, we end up coming up. Looks like we're going to get our fill. So, we end up getting our fill right here. And let's try to see if we can manage our position as effectively as possible. We do have this area right here. It seems very volatile. So, actually, considering the fact that we've had so much volume right here, I don't want to get caught up in any chop. So, I'm going to move my take profit up slightly right there. So, in case we do react in this area, I'm not getting chopped in that. So, now, we catch our entry. We see, "Okay, we actually have a pretty decent reaction there." Play another candle. Okay, beautiful reaction right there. So, at this point, I'm going to move my stop loss down a little bit more. And so, the risk reward for this trade, looking like how we might end up holding it, it's going to be a nice four risk reward, 3.8 to be exact. So, right here, beautiful reaction at the OTE line. Again, we do have that 5-minute protecting us as well. Play a few candles. Let's see how we can manage this further. Okay, right there, we end up having a beautiful candle. And before I can even move anything, we end up hitting our take profit. Again, we're justifying our reasons for moving all of our positions. We had a lot of volume down here and so I decided, you know what? I don't like how much volume there is, how much chop there is, and the reactions that I see at this level. So, I don't really want to hold for any longer than that. And let's see if that actually ends up playing out in our favor. Okay, we went a little bit lower. However, that reaction towards this level that we've seen before, way too much volume there and I'm super glad that we actually ended up not only trailing our stop because it tightens up the risk reward, but then also we make sure that we're not getting just a lucky fill, but we're getting a guaranteed fill right here, which I think anything below this level where you're seeing all this chop and all this volume randomly come in, it's a little bit like a gamble. And so, the rest of the session we end up playing out and we didn't end up going to these lows, so I'm glad that we didn't take a trade there. However, I'm pretty sure we actually ended up being bullish for the rest of the night. And so, if we play a few candles, yeah, we went extremely far up. And so again, with these trades like we saw before, we had a pretty big trade that we ended up taking. We pretty much went for the home run on a couple of these other trade examples. However, with this, you can see that it's very easy, even if you just catch an entry as small as that, if you can take your piece of the pie right there get too greedy and just take a nice little four risk reward, small stop loss around $650, but you're also winning a little bit under 2,000. That is a beautiful way to be taking trades and to know that even if you're not catching these big swings, you're still catching profit without being held into any drawdown with this beautiful entry. So, what I just showed you guys right there was five different examples of trades that you can be taking and how to actually take them. That happened nearly within the same week of each other. This was a week of just straight up bangers for you guys. And so, I want you guys to know the key takeaways of this. Number one, using the Fibonacci tool, knowing that the 705 is your entry, that your stop loss is going to be relatively protected by the 79, making sure your stop loss is above that or below that for taking a bullish or bearish trade. But then also, knowing that it is a risk reward game. Don't try to be too greedy and know how to manage your positions. And then probably one of the most important things in using these levels the most effectively is going to be pairing it with other things. You have things like order blocks. You have things like rejection blocks. You have things like fair value gaps. All those different confluences are going to be great, especially if you're pairing it with this. You're going to get some beautiful entries. You will have little to no drawdown and a lot of these examples had no drawdown whatsoever. And so, if you guys are pairing it with other things, you guys are going to see beautiful entries and right where you enter, you're going to see magic happen. If you guys enjoyed this video, make sure you guys drop a like on this and subscribe. I work really hard on these videos and it take me a while to record, but I know this was highly requested, so make sure you guys are doing that. Also, if you guys want to get access to my free trading course that's 100% free, it's over 5 hours of just straight-up value trading content just like this. Go to the link in the description. I also give you guys my AI trading tools that I use to be able to track my progress and expedite a lot of my journey with my trading. So, if you guys want to get access to that, go to the link in the description, as well as my one-on-one mentorship. We have 10 calls every single week. We have live trading with me. We have coaching calls and we also have one-on-one access. So, make sure you guys are going to the description if you guys want more personal mentoring, go ahead check that out. Also, I want to note you guys saw me trading on my live account. That is how I'm making money with my own money. However, a lot of you guys don't have thousands of dollars to go ahead and drop into a live account. You guys can start trading with as little as 50 to even $100 to making thousands of dollars. If you guys want to check out the best prop firms, the links are in the description. We have 50% off, 40% off, even 90% off. Make sure you guys want to check them out. We have Funded Next, TradiFire, Lucifer Trading. All of those are great prop firms. You guys want to start trading with little as $100. You guys can go ahead and check that out. I appreciate you guys. Love you guys and I'll be seeing you guys in the next one. Peace out.