After trying to manually trade for a while, I noticed that most times, the big fat candlestick doesn't stay as a big fat candlestick. That's why you have to wait until the end of the time frame to determine if you will enter/exit the trade or not. In other words, you enter/exit on the next candle, not on the candle itself. And also be aware that not all the time will the trade continue, that's why confluences are important to look out for.
he literally claims himself a good trader bue few months ago, as the video shows he used an example of a trade with less than 1R:R , what a fkin joke bruh
@@guilhermem3036 go and watch another video,as he told us,we should know that every trade we take,should combine with supply and demand or support and resistance,as u know that,at the first few minit of the video, resistance was very strong at left side,are u dare to make u RR as 1 to 2?
@@guilhermem3036 trading is not about RR,maybe yes u can,but resistance and support or price action are pretty much important than indicator and RR,because if u want to make ur risk reward 1:2,3 or even 4,price will not follow ur rule bruh, support and resistance always prove everything,but yes,maybe sometime price will hit ur RR,but mostly dont
I'm trying to wrap my head around what you say at the 2:00 mark. Just to clarify, I'm still trying to learn. You stated to buy above the moving average and sell below the moving average. In my mind, your buying high and selling low, isn't that the opposite of what you want to do? Basically, how can you make money if your selling low when you bought high?
I don’t use that method but what he’s saying is when your looking to sell, enter at a high key entry and when you want to buy, enter at a low key entry. Remember to have a stop loss and take profit in place to avoid blowing your account.
I learned that there people who mastered how to trade only but not gifted in mentoring or teaching others, and there other who hath mastered trading and as well too they're so good in mentorship and that's you bros Geeks... Much much more grace from God for you 🙏
Even though I am the beginner I am at the stage of reading u are by far attract me to give time to follow you . Bro great thanks from the bottom of my heart God may bless you & the whole your family!!!!
Hello Trading Geek! I wonder if you could also make videos about using and setting up indicators and explaining them? You explain simpler and easy to understand. Please make some. Thanks and God Bless!!!
Oh, 8 and 14 EMA is new for me…most of the traders use 10/20 in 5 min TF…can you explain why 8/14 is your favorite? Greetz from Germany. Good Job Bro, i like your authentic Style. 👍🏽
I use the 8 and 14 EMA because it focuses on the most recent price data so it reacts faster! (And also cos my mentor uses it) and thanks for the support man!
I use 9 and 21 EMA. and 200 EMA for trend What I have learnt is the smaller the EMA number you use the smaller the accuracy... The bigger the EMA you use the more the accuracy. For example some people use 30 and 50 and some use 25 and 50 EMA.
@@godswillmowang7027 it is suited for all timeframes, its just that it will be prone to more fakeouts on 5m TF! I did a full tutorial on this, you can check it out here: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-eV1ybiErG_0.html&ab_channel=TheTradingGeek
I must say you are an inspiration because I started up investing and trading as a scared investor who doesn’t want to lose money, glad to say I’m very profitable now and bought my first house through it
Big props to you on your wins please how did you become successful, lately I find everything difficult how did you overcome fear of loosing facing same here..
I felt same way when I started especially when you use demo account you might be winning but when you put in real money you start losing I understand and I pass through it all. I’m very happy I’m profitable now...
Currently i can attest to the fact that I make $10k weekly through trading which is more better then my monthly salary job. trading becomes my passive income.
Assalamualaikum thats so motivating nihari as a starter on olymp trade thing i would think in investing more in gold more inshaallaaah to increse my profiit
Ok I will use this strategy in gold 5 minutes time frame. by firstly I will paper trade then I will be successful . Next step i use real account ❤❤❤❤by take care.....
hi i am a fan of your video.. and really like it and i am using MT5 and my spread limit is 50.. the streatergyyou are using for MA will work for the spreads of my one
Why not consolidating area for gold.After big move consolidating will come and if you can find highs amd lows with help oh tails on candle sticks you can make nice 10 or 20 pips scalp of gold.
Do we have to look at the key level in bigger time frame to decide the take profit better? Thank you! I just came up with this today and eager to try it
Hi yes, I would recommend looking at the key levels on higher timeframes like 15m and 1H. The key levels on higher timeframes are much stronger than the key levels on lower timeframes! Hope this helped :)
I use 9 and 21 EMA... And use 50 or 200 EMA for trend direction...... I use 5 min TF and use 1 hour chart as well to see the trend. Here is how I trade Once the price makes trend on 1 hour chart then I go to 5 min TF and look for trading opportunities
I hate crypto…… but I love trading….. so in the weekend when all Forex pairs are closed, there is still BTCUSD…… can I use your m5 scalping Gold also for BTC? Or is that a different approach? Thx ……
@The Trading Geek trying to find your playlist that you mention in the beginning but cant seem to find it anywhere.. did you remove it or am i just blind :P hehe i am trying to learn how to start trading forex but strugling to find anny good videos that goes all the way to super basic no knowledge type of thing. hope you can guide me to one of your videos that you go trough how to start and begin trading :D its an old video but hope you se it and can help me out :D
And that could be a better entry point. Although it was also mentioned here in this video, but TG only calls it as pull back. So its easier maybe to understand.
Will this work on other currencies and I see you say on bigger candlesticks can we do it on medium candle sticks and get out earlier because it looks like it still pretty effective just would be less pips
Good stuff, only thing I’d say is that you need to back test this and figure out the win rate and average risk to reward to gain trust in it and actually take the trades. Not every trade will work out so you need trust that it is profitable.
