Trading $15 To $20k Using This Easy Support And Resistance Best Forex Trading Strategy For Beginners — backtested on Indian market data | FakeTrades
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Trading $15 To $20k Using This Easy Support And Resistance Best Forex Trading Strategy For Beginners

Analysed 01 Aug 2026, 03:19 PM IST
⏳ Backtest pending — a data-backed verdict will be attached.

Detected components (auto-read from transcript)

IntradaySwing

Verdict

Not backtestable — no mechanical strategy to test. Discretionary price-action trading using support/resistance levels and rejection candlesticks with no mechanical entry rules; pure visual chart-reading without quantifiable triggers.

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.

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Full transcript (2815 words)
Now, if you're actually part of this YouTube channel, then you should understand something that we actually enjoy doing the impossible, right? We like squeezing the best out of ourselves like that. Now, that's why today we'll be trying to push a $15 account to over $20,000 account just like that. I will be trying to achieve all of this stuff within 6 hours. Now, to achieve this particular target today, we'll just be using two simple concept of trading, a support and a resistance. Now, these are just the two concepts that we'll be using today, right? Just these two concepts. Now, the truth is that a lot of traders out there, they communalize the support and resistance strategy or the concept of trading. Now, the beauty about support and resistance is that it's so powerful that if you tell me that there's no strategy that is 100% accurate, it's perfect, everyone agrees to that. But, if you tell ME TO CHOOSE JUST ONE strategy that might just be 100% accurate, then I will tell you support and resistance. Now, this concept is ACTUALLY SO SO POWERFUL that even Binance, large corporations, large organizations, professional day traders, PROFESSIONAL swing traders, they always look at these levels because these levels, they are extremely important and extremely accurate. And all we'll just be using today is actually just a mobile device. That's all we are using today. We're not using no PC, nothing. We're not using everything straight from our mobile device just like that. SO, THAT NOT to waste so much time, guys. If you are new to this particular YouTube channel, just remember to hit on subscription button there, guys. Hit the like button. Remember to turn on notification bell so you don't miss any video that we'll be dropping out from this place. So, that just as you hit on subscription button, guys, just just remember to hit the like button, guys. Just just hit the like button, guys. And if you're already part of this YouTube channel, you're already a member of this team, don't forget, guys, if your notification bell is not turned on, just remember to turn your notification bell, guys. Just turn on notification bell and remember to also hit the like button, guys. Just Just hit the like button, guys. And not to waste so much time, let's storm in now. So, we actually have about 15 bucks at this spot. Now, let's just quickly plot out our normal support and resistance levels. Okay, so that's our resistance and boom, our support. So, what are we expecting now? Let's place out Let us place in external here first. Boom, our external. So, what are we expecting? Plays around this level, drops towards our our support, and then plays around and pushes towards our resistance. That's just it. So, we'll just wait now and actually see how this particular spot actually goes. Boom. Okay. So, what This what we're having. So, you can see this stuff. It's actually hit this level, pushed up, hit this level, dropped down, hit this level, dropped down. So, what are we expecting this stuff to do now? It's supposed to hit this particular spot here and then pushes back up smoothly just like that. It's actually just easy, guys. That's just it. So, where are we expecting this stuff to go now finally? Because it's pushing from the bottom towards the top, it should break our normal support and resistance and then continue pushing up smoothly like that. That's actually our final movement. It's actually just that easy. So, what can we do now, guys? We can actually storm into this trade because this particular stuff is actually done with its rejection. You can actually see the rejection already. So, let's just stop stocking into this particular trade just like that, guys. Okay uh Okay, let's just stock in some more. Let's see. Okay, we're actually seeing red. Stock in some more. Just maybe one or two more. Just add that. Okay. Okay, I don't know. This stuff is Okay. So, what are we having currently? Okay, let's just add some more. Let's just add Okay, so we're actually having that. Okay, let's just add some more. Just a few more. Okay. And boom, that's it. Okay, so we'll just wait now. Now, this what we're having. Let's actually zoom on this particular trade now, guys. Let's actually just zoom up. Okay, let's zoom up this particular trade. And boom, so we're actually having about 83 bucks currently. 83 bucks. That's what we're having currently. Now, we can actually see this stuff. 83 bucks. Now, it's actually playing around this spot, right? You can see it got rejected at about this spot. So, what are we expecting it to do now? Drop down again because it couldn't push up. It got rejected. So, what do we do now? We can actually easily storm into this trade smoothly just like that. So, let's just stock in some trades like that. Okay, that's it. Let's just add some more. Add some more trades to that and uh okay. We're actually wow. We're actually at about 400. Okay, let's stock stocking some more there at about that spot. Okay. Stocking some more. Just some more. A few more. Okay. Now, this what we're having currently okay. So, we'll just wait now and actually see how this particular trade actually goes. Boom. Okay, guys. Now, this what we're having. Now, this really really smooth, guys. So, we're actually running over 300 bucks right there. Let's zoom up this trade. Let's just zoom up this trade. Boom. Now, currently what we have is about 401 bucks. Now, we're actually moving. This is actually really really smooth. So, uh so, guys, this is actually what you're having currently. Uh so, uh this particular trade actually dropped towards this particular level. You can actually see that. Let's just extend this a bit. Extend this a bit. Uh and that's it. Okay. Now, it's actually balanced now. So, what do we do we see again? We saw another rejection occurred at about that spot, right? Now, uh you can see remember it's actually pushing from the top, crosses this level, and pushes up. So, we can easily storm into this trade because we already know the final direction. And don't forget, guys, this kind of stick that is here is actually a normal what what what kind of stick? It's actually a normal morning star, right? That's exactly what got formed there. You can actually see that. It's a morning star that got formed at about that spot. Let me let me show you that. Okay, you can see that, right? So, what are we expecting? We're expecting this stuff to actually just start shooting up towards the top like that, right? Towards the top just like that, right? Now, after hitting this level, or it can push down. If it drops this stuff, then it's going back down. Boom. We can actually see that this stuff just got rejected, right? You can see that that just got rejected. So, we can stock into this trade uh easily just like that. Let's just stock into this particular trade. Uh okay. Uh let's just increase that. Stock into this trade. Uh okay. So, what are we having? Um Okay. Uh okay. So, this what we're having currently guys. So okay, let's just stop in some more. Okay, boom. This what we have in currently guys. Now we actually having about this movement now. This actually really really smooth guy. You got to actually see that guy. This actually really smooth. This just taking on breaks out of this level and boom it's pushing up towards this particular spot just like that. So we can actually just zoom up this trade guys because we actually having about over 2,000 bucks, right? Okay, still taking off. Let's just leave this trade guys. Let's just leave this trade because the way this stuff is looking like it might actually just start. You can see that movement. Let's just leave. Let's just leave this trade. Let's Okay, so so let's just zoom up this particular trade guys. Let's just zoom up this particular trade. Okay, let's just zoom up. Okay, so we actually having about 2.6k currently. Okay, now this what we having guys. You can see this stuff. This stuff actually dropped down hit this particular spot just like that, right? You can see now after that what happened was it actually came for a retest. That's what happened guys. It came for a retest. So what are we expecting it to do? Push back up towards our resistance level, right? So we are expecting this spot maximum as our stop loss, right? So that we can easily stop into this particular trade and know where our stop loss is. Okay, let's just stop in two some trades now. Let's just use maybe like two lot sizes because our capital is a bit higher now. Now this what we having guys. Now you can actually see this what we having. We actually running about 2.8k, 3k currently. Now this actually really smooth. Okay, 2.6k. This what we having guys. This exactly what we having. So what we can actually just do now is we can actually just be planning on zooming up this trade. 2.7. Okay guys, let's leave this trade. Let's leave this trade. Let's zoom up this trade. Let's just zoom up. Now we actually having about 5.6k guys. 5.6k. I get more good entries. Okay guys, now this what we having currently. You can actually see this, right? Now this stuff actually hit our zone there, right? Now so what are we expecting this stuff to do? Give us a rejection which is already giving us. That's already a rejection. You can see that it's already rejecting and telling us that okay, I want to drop back down towards the level that I just came from. So let's stop into some trades now. Let's just use four lot sizes somewhere around so we don't have too much trades. Okay. So, that's what we're having. Okay, now that's one Okay, boom. Okay, guys. So, this is what we're having. So, we're just stocking some more, stocking some more. And okay, not enough money. Okay, so this is what we're having, guys. Boom. Okay. Now, this is what we're having currently, guys. This stuff actually just dropped smoothly like that. We are actually running over 4,000 bucks. So, let's just zoom off this trade, guys. I don't see what we're still doing here. Let's just zoom off this particular trade. Boom. Now, we actually hit our 10,000 bucks. So, we're just left with 10K extra and we are done. Okay, guys. Now, this is what we're having currently. You can actually see this stuff. It dropped down finally to hit our level again. So, what are we expecting to do? Push back up towards that particular spot, just like that. So, let's just extend that, right? Which is actually really really smooth. Okay. Now, so let's actually just use our follow sizes again to actually buy because it actually actually hit our level already. Let's just stock in some buys. Uh okay. Okay, 6 7 Okay. Uh so, let's just watch and actually see how this particular stuff actually goes from here. Boom. Okay. Now, we're actually running over 8,000 bucks. Let's zoom off this trade, guys. Let let let's just see how this stuff Okay, you can actually see that. It actually hit a maximum level at this spot and got rejected again, guys. It got rejected again. Don't forget. So, what do we do now? We can easily just zoom off this particular trade like that. So, if we check on 15 minutes, this is what we're having. You can actually see that. We go back to our 5 minutes, this is what we're having. It got rejected smoothly. Let's zoom off this trade, guys. We're having over 9,000 bucks now. And boom. Okay, guys. Now, that's exactly what we're having. So, So, we're actually running about 19,944, guys. This is actually really really smooth. So, you can see this level, guys. This is This is the level. It's actually dropping down again because it got rejected. So, guys, that's just how this particular stuff actually goes. That's just how this particular stuff actually goes. So, guys, we were able to just pick this particular stuff, guys. Let Let me actually show you that. You can actually see that, guys. We're actually running over 19,000 bucks. That's approximately to 20K because we're actually having about 19.944, which is approximately to 20K just like that. And that's just how this particular stuff actually course, guys. So, we are able to just push a normal $15 to the 20k just like that approximately, guys. Guys, this is actually really, really smooth. Now, this video, if I should be honest with you, was actually very, very stressful. This particular one was really, really stressful because it involved like taking like going into so many trades and starting from just $15 capital, it was actually really crazy and trying to hit a target within 6 hours. That's actually very, very crazy, guys. You can actually check out I actually dropped all the timelines, everything I like the timing, everything is actually at the top of the phone screen. You can You could have seen everything there, right? We are able to achieve the target within just 6 hours, which is actually really smooth, guys. And all we used was just a normal support and resistance. That was all we used. We just waited for a rejection candlestick, it pushed up, boom, we're in, and then wait for a rejection again, it pushes down, we're in, and then we plot out a normal external trend line there so that when it actually breaks out of our trend line, it gives us a normal retest and we're in again. Pushes back to our retest zone, we're in again. That was just all we did. And we knew the final movement of the charts because the chart was moving from the bottom towards the top. It created a support and a resistance and then we know the final movement is the top again because it's already on an uptrend, right? It's that easy. So, every single principle there is actually very, very easy, guys. And guys, we'll just be having a mentorship course 100 where I'll be teaching 100 students live. Now, there are just 100 seats available, just 100. The reason for that is so that everyone can actually have maximum attention just like that. Now, if you want to register for this, you can actually just scan the QR code there to register. You can just check in the description box. The link to actually register is actually there also. Now, the deadline for registration is 20th of July 2024. So, if you miss this particular video after that, it means that it has already expired. It means you can't register again. So that we are trying to hit 60,000 subscribers on this YouTube channel as soon as possible so that immediately we hit 60,000 subscribers, I'm coming back to this very video and I'll be going through the comment section and I'll be selecting five random subscribers that we'll just be funding their accounts $10,000 each just like that. So that don't forget to drop your comments, guys, in the comment section. And if you're new to this particular YouTube channel, just remember to hit on subscription button, guys. Just hit the like button. Remember to turn on notification bell so you don't miss any videos I'll be dropping out from this place, guys. And guys, just as you hit on subscription button, just remember to hit on like button, guys. Just just hit on the like button, guys. And guys, if you're already part of this YouTube channel, you're already part of the Mr. PFX team, don't forget, guys, to actually turn on notification bell if it's not turned on yet. And also, guys, don't forget to actually hit on like button, guys. Just just just hit on the like button, guys. So that that just hit five customers it goes, guys. So if you need a larger capital to trade on your account, a larger capital from between 3,000 bucks to 20,000 bucks, you can actually get that from the trader capital.com. You just go on the trader capital.com and you can actually be funded between 3,000 bucks to over 100,000 bucks just like that. So that that just hit five customers it goes, guys. It's a bye from guys. I'm Mr. P. Peace.

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