Full transcript (2653 words)
I'm going to show you the only 15-minute trading strategy that you need to become profitable. You'll finally be able to grow your personal account, pass your prop firm challenge, or finally start receiving payouts from your funded account. Just like one of our community members, Dave, who just received a $20,000 payout from using this exact strategy. Make sure to watch until the end because I'm not holding anything back. So, this is a very simplistic and mechanical strategy. It consists of four pieces of entry criteria, two time frames, and it is applicable to any asset. The best part about this strategy, in my personal opinion, is that sessions and timing do not matter. We're taking a look at AUD/Swiss franc on the 15-minute time frame. If you look to the top right of my screen, you'll see my automated checklist that is built into my charts at all times. Right here, you'll see the four pieces of entry criteria that I was referring to. We have higher time frame alignment, a break of structure, a liquidity sweep, and an imbalance. All four of these line items are calculated together to come up with an overall trade score. The trade score, of course, represents the validity of trading opportunity that we're seeing in front of us. And with this example that I'm going to go over with you, we can see that three out of four line items are present. My indicator has automatically printed a break of structure, a liquidity sweep prior to the bearish range, as well as significant imbalance that lands on a Fibonacci retracement number of your choosing. For me, I like to go with 75% because that gives me a consistent 1:3 risk-reward ratio for every single trade. Now, the only confluence that we're missing here is higher time frame alignment. A lot of people get confused about what this actually means. So, when you're trading on a lower time frame, such as the 15-minute, it's really important to have a higher time frame objective in mind. The reason for this is that there's so much data available in front of you on the lower time frames that it's really easy to get lost in the price action and sometimes take trades that you shouldn't have taken. So, whatever bias you have formed on your entry time frame, it's good to anchor that bias to a higher time frame perspective. To do this, you really only need two time frames. Your execution time frame, which in this case is the 15-minute, and then your high time frame anchor, which is going to be the 4-hour time frame. So, basically, if you're looking at a higher time frame, such as the 4-hour, you're going to identify your current trading range. Let's just say it's a bearish range. If price is currently trading beneath the 50% mark of that range, which is of course right here, then that means you are in discount price. If, however, price has began trading above that 50% mark, you are now in premium levels. We only want to be selling at a premium and buying at a discount. Thankfully, the Currency Pros TradingView indicator identifies premium and discount for us, so it's already telling me that the 4-hour time frame is at a discount. That is our negative confluence here. We do not have higher time frame alignment on this trade. So, because the 4-hour is at a discount, and I'm looking at a sell position here, that's not good. However, we still have a 75% trade score because all of the other confluences are aligned. So, in my opinion, I think this trade is worth taking. And that leads me to a good point. Even when you have a mechanical trading strategy, there is always going to be a little bit of discretion involved in your trading decisions. There is one other thing that I don't really like about this trade. It's not necessarily a deal breaker, but the volume profile is not great. So, as you can see, these volume nodes right here represent the highest concentration of volume within the current range, as well as previous history. And ideally, we want to see the highest concentration of volume, or the point of control, POC for short, at or generally around the Fibonacci retracement level. In this scenario, however, the POC is a little bit higher in the range. We still do have significant volume around here, especially if you compare that to the low volume nodes beneath it, and that does coincide with all of the other confluences that I've mentioned, such as the imbalance and the Fibonacci retracement level itself. So, overall, I think this is a very healthy trade. Now, let's play price forward and see what happened. And there you have it. A pretty textbook trading opportunity with a very minimal drawdown. Many of our community members caught this trade and that is why I am showcasing it today. The best part is they did it pretty much hands-free because the indicator identified everything for them. All they had to do was make the choice. I'd like to give you all a couple more examples to really nail this point down and showcase the strategy in different scenarios. We're now taking a look at GBPCAD, which is also on the 15-minute time frame. Again, funny enough, we're missing higher time frame alignment in this example as well, but as you saw in the previous one, that is not always a deal breaker and it doesn't mean that the trade won't work out. In fact, aside from the higher time frame alignment, there are some things about this that look a lot cleaner. Let's break it down. So, we of course have a very clear break of structure here. This was the previous extreme low. Price consolidated and then aggressively broke to the downside through that past structure. So, my indicator has labeled BOS for break of structure and also simultaneously checked it off my checklist. Next up, we have a liquidity sweep. Well, we actually have two, but this top one is more significant and all that means is that this was the previous structure. Price pierced through it, but failed to continue and then immediately afterwards broke to the downside very aggressively, creating the actual break of structure. That makes this just a simple liquidity sweep. The reason that's so important is because it tells us price failed to trade higher and by looking for a selling opportunity, we are most likely on the right side of the market. Next up, we have a very large imbalance right here. For those of you who don't know, an imbalance is simply a gap between candlesticks and when that gap prints on the chart, price is very drawn back toward it to fill the gap. I look at imbalance zones as a magnet to pull price in. So, if that lines up with my retracement level, that's a very good confluence for me. That tells me my entry point is highly likely to be activated. So again, we have a 75% trade score here. Three out of four confluences are present and our bonus confluence of volume profile point of control lands very nicely within the general region of the Fibonacci retracement level. This is a really big confluence because it shows that the highest concentration of volume is where I'm going to be entering. So, theoretically, there should be a reaction from price when we get there. So, all you have to do in this scenario is click the short position tool, place it directly on the 75% line, drag the stop loss to the high of the range, and drag the take profit to the low of the range. Once you've done this, you can double-click on the parameter tool and copy the exact entry price, stop loss, and take profit into the trading platform of your choice, whether it be MetaTrader or some other platform. Or, if your broker is connected to TradingView, you could execute the trade right here. Now, let's go ahead and play this one forward as well and see how it panned out. And there you have it, another full take profit hit. This was another successful trade that many of our community members took. And as you can see, the indicator is doing its job and printing the next available annotations on the chart for you. Now, let's go over one more chart example to really drive this home. Now, we're taking a look at gold on the 15-minute time frame. And for this example, I'm going to open up my indicator settings, and I'm going to enable my second Fibonacci level, the 71%. The reason I'm doing this is because one of our community members who took this trade used the 71%. I'll put that picture up on the screen so you can see what I'm talking about. I, however, targeting the 75%, missed this trade entirely. But regardless, the analysis and the entry criteria is still the same. And in fact, if you look to the top right of my screen, you will see that all four confluences are present, making this a 100 trade score with the added bonus of the point of control being right within that golden zone of both Fibonacci levels. We have a very clear liquidity sweep and break of structure right before this massive bullish move to the upside. So, at this point, this trade is a no-brainer. You would take out your long position tool, set it at your chosen Fibonacci level. Let's place it directly on the 71%. Drag the stop loss to the low of the Fibonacci range, and drag the take profit to the high of the Fibonacci range. This gives you basically a 2 and 1/2 risk-to-reward ratio at the 71% compared to a 1:3 risk-to-reward ratio at the 75%. Not too much of a difference, but the 71 definitely helps you get involved in more trading opportunities. The 75% is better risk-reward ratio, but you often miss trades. Now again, the point of control line here shows that the highest concentration of volume is right where the entry is. This is a great confluence to add on to all the other checklist items that are present. Now let's play this forward and see how it went. You really can't ask for a better outcome than that. Virtually no drawdown in this opportunity. It just tapped the entry and then went straight up to take profit. And it did so in a very short duration. From entry to exit is 8 and 1/2 hours. Again, like I said at the beginning of this video, sessions and timing do not matter. When you see the opportunity, you place a limit order, and then you back off and let it do its thing. Now at the beginning of the video, I mentioned how one of our members just received a $20,000 payout. Dave reached that huge accomplishment by using this exact strategy on gold and Nasdaq specifically. And he is just one of many community members seeing great success with this strategy. Now in my opinion, a strategy is just a strategy. There's nothing proprietary to it, which is why I teach it completely free on the internet. Our value is in the proprietary tools that we have created to make the trading journey much easier and more streamlined for the trader. I've showcased a lot of that in this video here today in regard to the checklist in the top right of my screen. We also have a risk calculator built into your chart at all times, fully customizable. And additionally, we have a scanner that scans your entire watchlist and shows you all the valid trade setups in that watchlist based on the strategy we have discussed today. It literally takes all the guesswork out of trading. And to go a step further beyond TradingView, we have fully automated this strategy into an automated trading bot for MetaTrader 5. It's something that I have personally applied to my account at all times running in the background, so that whenever I want to travel or if I have plans or if I just simply don't feel like trading, I know that that's always running for me. It's It's cool feeling because it's basically a clone of me. So, I know that if I need to take time off, I can do so and nothing will change. Now that we've gone over the strategy in great detail on the charts, I would like to take you over to our Discord community and show you what our other members are up to. So, our day trading channel in our Discord community has been quite active lately. With recent updates to the Currency Pros indicator, our members are absolutely loving it. And the vast majority of traders in this channel are utilizing that exact strategy with the indicators that I've shown today. And as you can see, some of our members even utilize our strategy on lower time frames such as the 5-minute. Now, I just want to scroll up here. You'll see Dave talking about some of his statistics of that $20,000 payout. He actually uses AI to analyze his trading performance, which is really cool. He journals everything and then runs it through AI to see where he can make improvements. Dave has been with us for over a year now and he's a very valued member of our community. And I am beyond happy for him that he received this monumentous payout. I think the whole community was really pumped for him, too. Now, I'm just going to keep scrolling up a little bit. We've got members entering trades left and right here. Every day, people are sharing trade ideas here, following up with each other's trade ideas, and providing insight and guidance to those who have questions. Our swing trading channel is, of course, less active because that's the nature of swing trading, but it is also a very healthy place to share ideas and get feedback. As you can see, one of our member, Sajib, just closed this trade on AUD/USD on the 4-hour time frame using the exact same strategy that I just showed you. So, this style is definitely for the more patient trader or a trader who has a 9-to-5 job and can't be on the charts too much. Really proud of Sajib, as well. Now, we also have a section for our EAs where we discuss the settings of the EAs, how to best utilize them, and, of course, share trading opportunities, as well. Here's one from Jordan. He says, "Beautiful trade by the Fibonacci EA. Almost at TP. Move to break even." So, that was a trade on EUR/USD on the 4-hour time frame that was taken fully hands-free by the automated Fibonacci EA. Well, everyone, I really hope you enjoyed this video. I feel like I went into great detail on our strategy. I didn't hold anything back. Like I said, the strategy The strategy. I showed you all step-by-step what we do as a community to catch these trades on a weekly basis. Having a profitable trading strategy is only one part of a very complex puzzle. The majority of profitable trading is in your head and the tools that you utilize to make your life easier. If you enjoyed this video, leave a like and comment down below. I'd love to hear your feedback. And if you're interested in any of the tools I showed you today, as well as an automated trading journal, an AI trading assistant, and so much more, click the link in the description of this video. And until next time, happy trading.