The ONLY Price Action Trading Strategy you will EVER need (Can’t unsee this…) — backtested on Indian market data | FakeTrades
FakeTrades.in
← all strategies

The ONLY Price Action Trading Strategy you will EVER need (Can’t unsee this…)

The Trading Geek · watch on YouTube ↗
Analysed 01 Aug 2026, 03:26 PM IST
⏳ Backtest pending — a data-backed verdict will be attached.

Detected components (auto-read from transcript)

Futures

Verdict

Not backtestable — no mechanical strategy to test. Discretionary price-action reversal strategy based on candlestick patterns (momentum loss, long wicks, color changes) at key support/resistance levels—no mechanical/testable entry trigger.

We only score videos that teach a rule-based strategy (a defined entry trigger, stop and exit a computer could follow). This one doesn't contain one, so there is nothing to backtest — we show no number rather than a made-up one.

See strategies that scored 4★+ →
Know someone trading this?

🔴 Live forward test (no hindsight — only trades the rules fired AFTER we published this verdict)

Tracking since 2026-07-06 — no qualifying signals have fired yet. The engine re-checks every night on fresh data; results appear here the day the rules trigger.

Full transcript (2066 words)
so I just made about ten thousand dollars using this strategy that I'm about to show you this price action trading strategy will Makes You Filthy Rich and the best part is it is so simple once you muster it the whole gist of this strategy is based on the concept of momentum loss through Candlestick ships and sizes which is a very powerful price action trading strategy the first thing before we do anything is to identify key levels as you can see there is a very strong support level right here because this is where price hits and then reverses from and now guess what we are back here again here's a very important point to note since we are looking for high win rate reversal trade setups we want to see the candlesticks getting smaller and smaller as they approach a key support or resistance level because this show us that price is losing momentum so you want to see price losing momentum and slowing down as it approaches a key level you can see price literally formed a big fat candle followed by a smaller Candlestick and then another smaller candlesticks and you can just see like the candlesticks start getting smaller and smaller and then finally we have a smaller long witch candle right here rejecting this support level and then price gave us a doji Candlestick which is a reversal Candlestick and this causes price to reverse and hit back up so you have gotten in for a buy right here when you see that price is losing momentum and is reversing at this key support level here's another example we can draw a support level right here because the last time price came back down here it ended up reverse and pumping to the Moon once again you can see as price approaches this key support level the candles are getting smaller and smaller this shows us that the sellers are losing momentum losing steam which means that some sellers they might be taking profits as they see price reaching this key support level I want you to focus on the candlesticks that is forming at this key support level you can see that price is showing us not one not two not three but multiple long week candles and this just tell us that price is not breaking past this level so it's gonna reverse and head back up it really really does not want to go down it's just like you know the person that you like but then who doesn't like you back no matter how much you try still not gonna like you back this is what's happening right here the candlesticks do not want to budge once again you have entered for a buy right here when you see multiple long week candles which is pretty much just rejecting this support level and I'll place my stop loss a few Pips below this key support level and place my take profit all the way up at the next key level right here because there is a very strong resistance level right here and if you guys know me you guys will know that I trade from one key level to the next key level here's another example but this time we have a resistance level instead you can see I can draw a resistance level right here because whenever price come back up here it always failed to break past it and always end up reversing and heading back down here's a pro tip for you you want to look for a change in color of the candlesticks add a key support or resistance level here's what I mean as price is going up look at all these green candlesticks this show us that there is a lot of bullish momentum a lot of bullish price action pushing the price up there's literally eight green candles in a row and then finally price gave us a rate bearish engulfing candlesticks at this key resistance level and look at what price the price reverse and head back down a good trading strategy will allow you to know when to trade and when not to trade so here are some price action examples where you want to avoid right here we have a double top so we can draw a resistance level right here now look at what price is doing as is coming up to this resistance level again we have a small green candle followed by this big ass juicy green Candlestick which show us that price is gaining momentum as it approaches this key resistance level this tells us that buyers are in control and then price gave us a red candle mix which shows us that people try to enter for a cell right here at this resistance level but they failed miserably and then price just bursts right through it this is a very common mistake that beginner Traders will make they will enter immediately when they see like a red candle at a resistance level they will end up for a cell right here only for price to burst through it stop them out and then price in the end still go in their way and they end up like what is going on no the market hates me here's another Pro tip always look out for what the candidates are doing at A T level big fat candles like this means that there is a lot of momentum and buyers are in control so in this case we do not want to enter for a cell yet we want to be patient enough to see what price is doing at this key level first and then go from there just another example we can draw a support level right here because whenever price come back down here it always end up reversing and heading back up it's not once but twice twice two times failed to break past this level just like your ex and right now price is coming down to this support level again and price is not giving us candlesticks that are getting smaller and smaller it's still big look at this candlesticks right here it is still big right it doesn't give us candlesticks that it's like getting smaller and smaller which show us that price is losing steam no it does not give us that it gave us big red Candlestick big red Candlestick big red Candlestick and this tells us that that is a lot of sellers momentum so in this case you do not want to be entering for a buy at this support level in this case you want to react to the market and look at what price did price gave us a big red Candlestick just piercing right through this support level this tells us that the sellers are in control of the market and price is going to crumble and just shoot back down go if you are still watching this you deserve another Pro tip trading is not about predicting the future it's a box reacting into what the market shows us reacting to what the price action shows us always make sure that you react to the market instead of imposing your thoughts onto the market just because you see a green Candlestick at this key support level does not mean that you must end up for a buy immediately all right you always want to see what price is doing at the key level and then react to it and then trade from there just to show you guys this strategy works I use this strategy to track gold and end up making over like nine thousand five hundred dollars which is pretty much ten thousand dollars all right let's just round up all right so like I said the first thing before you do anything is that you want to mark up your major support or resistance levels so that you will know where to buy and where to sell so I marked up like a major support level right here and as you know gold has been in this major downtrend and just been going down so I was like you know what gold is coming down to this support level right here and I'm expecting some buyers to be at this support level pushing the price up so there's another like minus upward level right here I saw that price is at least like minus support level right here so I went to like the one hour time frame to look for momentum loss remember this strategy is based on momentum loss and as you can see like the candlesticks going down and look at what the candlesticks are doing at this major I mean this minor support level it's literally making like small candlesticks small candlesticks and small candlesticks which show us that price do not have the momentum to push the price down to break past this level so it's about to reverse or rather like retrace a little bit before even going down even further another sign was this long week candle right here which just showed us that price is just rejecting this level Rambo like the second Pro tip that I taught you guys is to notice a color change in the tendon at this key level you can see it used to be like all black candlesticks a lot of black candlesticks which is red candlesticks by the way for those of you are colorblind and then over here at this key level price is finally giving us like more blue candlesticks which is the green candlesticks by the way and yeah more green candlesticks which means that buyers are starting to come into this market and pushing the price up and then basically when price get down to this like minor support level I did not enter for a buy yet because I want to wait for some sort of confirmation that tell me that price is going to reverse and it's not going to go back up right I'm waiting for some sort of confirmation so I went to the 50 minute time frame to look for my entry and as you can see price has like broken through this minor support level but most likely it's going to be a fake out because there's this like green Candlestick pushing the price up and price really really does not want to go down right if I wanted to get a sniper entry I would have gotten in right here but I failed to do that because I wasn't looking at my charts at that point of time so I had to wait for another entry so you see like right here price was just like consolidating around this area here and I was just waiting for some sort of Entry so I could even mark up like another resistance area being formed right here so right now you can see price just consolidating in this box and I'm waiting for price to break of this box for me to get the entry right so I just waited and right here so right here is where I entered for the buy position and let's look at how this trade play out and you can see price went up and smashed my take profit it was like a very very quick trade I literally made over like nine thousand dollars over a few hours and as you can see there was this other trade that I took right here so but I'm gonna cover that in the next unfiltered trading episode which is coming out next week now that I have proof to you guys this strategy Works go ahead and back test on your demo accounts or just like back that's it on your trading view or whatever right just make sure you backtest this strategy before you dash it out on your Live accounts this price action strategy shows you how to trade reverses but what if you want to trade break out what do you do when price is breaking out you need to watch this video next to find that out welcome to the tribe and remember you're just one trade away

💬 Trader reviews (traded this? tell others what really happened)

No reviews yet — be the first. Real experiences help other traders more than any backtest.

User opinions, not investment advice. Reviews are moderated before publishing.