🔥 FREE Naked Trading Strategy course: go.forexsignals.com/4cx8-nts You will get access to my video course & all backtesting data of this strategy. Forex Signal's Naked Trading Strategy 16 year backtesting results: 📈 2751% gain 🥇 78% win rate 💸 1.55 take profit ratio
Well said! Trading is an emotional game, you can get the information from training, courses & RU-vid etc... but actually, you will learn from your experience, so be patient trade with tiny capital to experience it first and develop your own trading style that fits your personality, I am just sharing my experience with you guys. All the Best!
I agree with you,experience is everythin on the market...learnin how to trade in theory is easy,practice is abother story,its a skill at the of the day and there is no rule how much u can make,when u master it...
In the examples you used 1 day timeframe so it is not for "day trading", that's rather swing trading or position trading; what timeframe would you recommend for day trading in Forex? Because I have been struggling day trading Forex, it seems that market is more suitable for swing or position trading. Greetings.
This is the most simplest but powerful strategy i have ever seen, not pampered with indicators but price action with understanding of key points and bars. Thank you very much Andrew
this guy is the real-deal. the part where he said the example was 'cherry-picked' is exactly right. the market often hurts you, when you're complacent. but, he has to sell something, so... in any case, he's still the real-deal.
ICT ..... You will notice who actually makes the money from trading. Notice no adds on Andrew’s videos now notice ICTs videos are littered with adds wonder why that is.
I only discovered your channel a few days ago, but am glad I did - the content is excellent. One question please: why is the candlestick at 15:50 described as a bullish engulfer? Would this not require a blue candlestick that engulfs a preceding smaller red candlestick?
Very good Video but i have one question - at 16:47 that is an bearish engulfing and not an bullish engulfing so i dont find an entry for an long trade there!?! Thanks for the great work and videos.
Thank you, the strategy is very good, but the last example to me it was a bearish engulfed pattern even if the next days it went up So it was a losing trade that one
You need to experience the S&T Vek strategy, it is very profitable and extremely consistent of all the strategies i have tried this is the only one i can recommend.
It does not matter if it is bullish or bearish, the maij target is the price, in that scenerio it open up higher than the previous opening price and still goes to high, engulfing the previous high. The next day if it hits the pending buy order then the market have a high probality to reverse from down to up even if it is a bearish engulfer, because before that candle close it goes up higher than the previous high of previous day. If the pending buy order does not hit he next day then you can cancel the trade. The martket shows us that it will not more likely to reverse.
I have watched hours and hours of RU-vid videos and finally found one person that actually makes sense ! Thanks for your content. I plan to starting investing very soon and with your help I feel a lot more confident.
@@amandaeric9604 Hi Amanda, i am very close now. Just want to do some more research before I do though. Andrews videos are great, best on RU-vid by far !!
Hi Andrew - when marking up support/resistance, how far left on the daily chart do you typically go? 18 months, 12 or 6 months kind of thing? Thanks for the video, I'm incorporating it into my own swing strat as extra confirmation.
Hello sir, very effective strategy, and many thanks for your videos, just please let us know, in case that we set up the support and resistance levels at the daily and weekly time frame, then what time frame would be our trading time frame to enter? ( 1H, 4H, or....) thanks
This is not backtesting. There is no cross-validation for that time series. An overfitted model on past data will obviously give great results when you re-run it on that same time series. Now hopefully this comment will save some beginners the hassle of following whatever non-sense you say before this comment gets deleted.
Great thanks. I have a question in second and third trades you don't have support line and also price didn't touch twice but you make trade . And please explain more about Tp1 ,Tp2 Totally ,Please explain more in more detail videos. Again thanks
Despite the fact that stock prices fluctuate, what is the best method for capitalizing on the current market? I'm still undecided about investing $400k in my stock portfolio.
Our trading coaches inside the platform that we offer would be glad to answer your question. We invite you to register to our free trial here: www.forexsignals.com/#register-tab
The fluctuations of the market only affect those that odd coins but traders make money on both sides when it's bearish they go short when it's bullish they go long
@@donaldfrank5559 Thanks Donald. I done this before and eventually lost out. I have a demo account open and doing okay. I do all the back testing etc and can't seem to get down reasonable continueed gains vs. loss ratio 😕. Yes. I could use some help Donald. Much appreciated
THE REAL QUESTION IS..HOW DO U IDENTIFY REAL SUPPORT AND RESISTANCE..(IDENTIFYING SUPPORT AND RESISTANCE IS VERY SUBJECTIVE) HENCE THE RESULT IS VERY DECIEVING.
Thank you for your channel and all your amazing tutorials. Just a quick question, at 15:47 you say a bullish engulfer, im confused as im certain in your previous tutorials this is a bearish engulfer and would in theory have continued on a downward trend. I may be very wrong please clarify.
That was my thought exactly, there some great aspects to this but it is no where as fluid as the S&T Vek Strategy. this is the only strategy i can bring myself to recommend to anyone in Forex try it.
In the example pattern you've picked at 16 mins 30 seconds, this looks to me like bearish engulfing rather than bullish engulfing as the second candle is red at the time you take the buy trade? I'm also not clear how many pairs this is traded on? (e.g. it could take half an hour a day to go through all the charts, to then only take 3 trades a month over 16 years on average - perhaps not worth it for most people? Do you have examples of strategies with a more realistic win rate, e.g. 65%-70%, over a shorter period than 16 years?). Thanks for sharing - it's an interesting video, and highlights the importance of price action.
A very good explanation and I understand you easily and this is very good I have got strong support in trading through you and I thank you very much and i ask what the good laptop quickly in circulation is thinkpad x1 carpon good
Well, it's all about following and using the right strategy and best platform!!when it comes to Copy trading in Crypto it simply entails you as a beginner or intermediate trader getting to copy trade positions opened by expert traders so as to earn as much as they earn daily so as to help you compound greatly over time.
@@boureycryptoninvestor2775 thank you very much Sir bourey don, you guided me on every strategy I needed and not depend on a single income. Thank you more Sir for I have received twice my profit on daily basis... Good work 👍 Sir.. I'm So excited.
at 14:10 top left corner you can see the timeframe which is the daily or 1 day. About the second question, I also believe going with the trend is much safer than trying to predict reversals but what do I know? for sure I haven't traded for 30 years...anyway I can see why this strategy could be profitable, first he enters at support or resistance and waits for some pin bar or engulfing to present itself...also he risks 1 to make 2 that means he can just be right 33.3% of the times to breakeven. I'm sure that this strategy like any other strategy could work if the trader is disciplined, patient and consistent, most of us are not...especially when we first get started.
You need more confirmation when trading against the trend ... like a major support or resistance , divergence and overbought/sold conditions then you couple that with candlestick patterns mentioned in the video
@@laithgsoos5498 the whole point of the strategy is to be “naked” with no indicators. I’ve been a member in the FS room for over 2 years and have used this strategy for awhile. It works very well but you don’t get many opportunities. It really depends on how involved you want to be, if you just want to take a couple of trades a week then you only need to check the charts for 5 minutes a day. You can get a lot more out of the trades if you know how to drop the timeframe and get in with a smaller SL. Also there’s nothing stopping you from looking for these patterns with the trend aswell.
i signed up, curious you keep saying a engulfer or a pin at the end of the trend,, but if I knew where the end of the trend was it would always be easy, how do you tell its just not in the middle
@@jammapcb The strategy really works. I have had 3 consecutive wins. The mistake i personally made was risking too much. Sure there were losses too, but no one can predict the market 100%. And if the trade goes against you, you only loss
@@jammapcb rather it is 100, 1000, or 10,000. The statistics will be the same. I just said I had 3 consecutive trades just- because. It has a near 80% win ratio. You don't have to use it. It is a great strategy!
Thanks for video. Can you explain more clearly what does mean "take profit 1 is at least half of the stop distance"? So what is stop distance? Is it number of pips of stop loss or number of pips to take profit target? For example I enter sell trade in two parts with SL 100 pips and profit target at next support is 200 pip, so when I take profit target 1? When I have 50 pips or 100 pips? Tks for reply
@@forexsignalstv1119 I already self replied my question (cannot wait for your reply because nothing from you for long time) That is, if I sell with SL 100 pips, the first target at next support should at least 50 pip.
Hello Rodrigo. Chat with us on our website to know how you could consult our expert analysts and other traders inside the Trading Room. www.forexsignals.com
If this strategy is free then why do you have to agree to give my credit/debit card information in order to get it? Do I have to eventually pay to get this strategy?
very well explained. thanks for your efforts. though there is one thing i am confused about. at your entry example at 15:48, what formed was a bearish engulfing pattern but you went long. does not a bearish engulfing pattern indicates down trend (short)?
Hi Vuralorion, our Market Analysts are ready to help with your inquiry and more, please get in touch with them in our Traderoom for comprehensive assistance
Try not to think about winning every single trade. But more like think of having a good win rate over a series of trades. You cant expect your trades to win, otherwise emotions kick in
How come the last trade you say its a Bullish Engulfer, look at it carefully, its a Bearish Engulfer. Please clarify how come you say its a Bullish Engulfer? Thanks.
In bullish and bearish engulfer does it need to engulf the high/low of previous candle high/low? Or as long as the closing price engulf the previous opening price yo considered it as engulfing?
