I've watched a lot of your videos on Scalping, I came back to this video because this is by far one of the BEST INSTRUCTIONAL STEP BY STEP I'VE SEEN, please do more this really helped me out a lot in my scalping. Thank You
Im a professional trader for the last 7 years, Ive come across alot of youtube mentors. You by far stand out! You have the ability to properly explain and structure your trade. Scalping is an Art which can only be mastered when you have mastered the ability to accept the risk you took to scalp and hence the return you get for that risk. BTW just came by your video, will definately look into your channel!. Good job!
Jay I love the way you said Iv blown my 16 hundred dollar account and then looked behind u too see if the misses was there then turn round with the biggest releave on ur face 😂 feel ur pain g I have the same problem 😂😂😂
You and the other gentleman with you are simple and down to earth guys but extremely honest in all your teachings in all your videos. Thank you so much for all the time and efforts. What you gentlemen teaching throughout are actually working.
Holy shit!!!, i've been doing this scalping thing wrong the whole time, this one video just opened my eyes and a whole new way of scalping...thank you Jay, just earned my subscription👊🏾
jay whatsup man,I never really understood the pivots ,U explained it so quick and i honestly understand them better now on how to look for a pivot trade Thanx man Love from South Afrcia
thanks, this video help me a lot for scalping, cause i am always good at scalping and everytime i tried to catch a deep sale or something like that, I couldn't control my risk management and i lost my equity in just one huge retest that a lot of times happening in GBP pairs, Thanks Jay, Love you bro
This was very helpful...I am still working in the Demo..I learned that the key is to be patient and consistent. I was a little discouraged when I started tonight and it was negative $19 then i just waited a bit and an hour later its $300 now..But I know you will teach me because I am still lost..
hey jay i really like the way that you trade and encourage others to take profits i’m learning forex from last 3 months and i’ve even pay 350$ for mentorship in my country but I personally really founds you informative and one of the coolest trader i really appreciate what you’re doing and I want is that a one on one meeting or a session in which i want to share my experiences and really want to talk to you i’m your huge fan now. It’ll be honor for me if you do a one on one meeting or a session. I hope you won’t regret me.
Still trying work out how your taking profit on the down trend! Trying so hard to understand 😩 loving your content tho keep it up ✌🏼, I’m a virgin to all this shit, I get buy low sell high , but how you making profit wen the trend is down... watched this vid bout 5 x now...
Great video Jade. Glad that I watched this video. I am gonna watch more of your videos. But most of all I am going to implement this strategy this following week. I enjoyed the way you interacted with your student. Keep it that way cause by just watching I feel like I was part of the class.
Jay, preciate the info on this video most definitely. Quick question, with this strategy do you want to do top down analysis or look at the 15 min chart only for the setup and entry?
I definitely understand so take a section of information and dissect it and master that then go on to the next part I talk about. Just a helpful tip. I want to see you win 🙏🏼
when you do come in. take it slow. learn. especially from mistakes. we all get burned. except that as part of the journey. you will sometimes do everything right and still get roasted.
The craziest thing is trading while at work. checking my phone every 20 mins and seeing red. Key word from this is 'getting at a really good price' f being right. Get a good price and chill
Still relevant today even though this was recorded back in 2018! I'm just getting in the game and going through my learning and understanding phase. Thanks Jay!
I actually thought my self how to trade and I created for my self a really great strategy which is working very well for me, i am a more of a day trader than a scalper like you but i still really enjoy watching you videos man great work
hey Future_ADZ hope you're doing good if you don't mind how much time did it take you to start live trading? it's been only few week since i've started learning and i find some concepts are easy to understand but there 's others witch are more difficult and there's so much information out there that i feel sometime overwhelmed
been learning how to trade for 2months plus now but my schedule just got even busier, any tips on how to trade better and strategies i can use as a beginner?.. i love the fibonacci and i am trying to add the bolinger bands to it.
Jay when you hitting Cali???? BAY AREA been using your methods with a demo account and actually using the basics and setting up for the kill HUGE DIFFERENCE a lot more confident when jumping into the trade gonna demo for a month or so till I feel good can’t wait to drop this 9-5
Hey bro, I am apart of iml, this question may not be related to this video but if could answer it it’d be amazing, I’ve got a £1000 account what lot size shall I use per trade if I’m risking 1.5% per trade (3 trades a day) thank you.
Depends on your appetite. Just don't add position to your losing trade and do not go over 2% loss of your capital. It might be slow but at least you still have lots of time to think and study and refurnish along the way.
Thanks for the video Jay. BTW, in your Pivot Point Strategy, you said once a candle wicks out at a pivot, along with confirmation, it's good to ride it all the way to the next pivot. Just wanna know if the same could be applied here.
Great Video !!!!!! Price Action works great as well, I use that to know where pullback is probaly going towards...also Session Time mixed with it makes a great recepe..
I have a question I'm a truck driver and I basically have no time to sit down at a desktop I basically do on my trading on my phone and I have Android how can I set up alerts so I can see what you see
Jay i dont get it. So when exactly do i pull out the standard ?? And this also seems like theres poor risk management because you can lose way more than the 1-2% of your account if it goes against your favor
I started scalping gold/usd last Thursday a week ago. I’ve had 55 straight winners on a 10k demo account. Trying to master scalping before going live. I’m wondering if there is any difference between demo and live accounts with regard to being able to get winners. Do brokers mess around with you so that you lose on a live and not on demo?
No difference but can you keep the same discipline and emotions you had on demo and duplicate it on your live account. Make sure you know the rules and make sure you are following them on demo and then do the exact same on live
Demo and live are different, because your emotions will be different. Also since you have had "55 straight winners" you do not know how you will react to a loss, or how you will react to a trade that is in draw down. Its good to master a trading style in the demo mode, but realize that the two are different.
I was told to avoid guys who involve themselves with IML and stuff that they arent legit traders and give traders a bad name but I have learnt alot, I mean I dont use indicators I usually trade naked charts but still I have gotten my aha moment about scalping from your videos and now I can improve my trading plan....so to me you are legit.
Can someone answer this for me? How do people blow their account? Like does the broker automatically shut your account off once you're in the negative?? Like why why not just hold and sell when it goes back up. I'm new to this so my bad if i sound stupid lol
I haven't started trading but I learned so much from just this one video. Other trading youtubers make the charts look complicated. Thank you for the video I'm going to trade soon.
I have to say yes but joining up with the right team that will mentor you is imperative. you get the same education that forex college gives but you also get trades called for you and you get weekly trainings to help you use what you’ve been learning. You can get information from youtube websites but you don’t get trades called to help you make money while your learning and you don’t get a mentor personalized to you.
BROKER Live & demo I use LQDFX I really like them. t.lqdfx.com/?t=gLEm5J Depositing $500+ (Recommended for Low spread) Pick ECN Account Set the leverage to 1:300 OR Depositing Less than $500 Pick Micro Account Set the leverage to 1:300
When i started searching about forex trading in youtube then i see your video i watch it over and over ang now I'm 6 months in trading and profitable because of you thanks man 👼 God bless you😇
Marky Mark it is currently 43 of us. We’re just getting started. I’m looking to add more to the team and help you become profitable traders. We are very disciplined patient traders.
Connect with me on social media
Facebook: Jay Wayne
Instagram: JayWayneStories
I love talking to you wonderful traders.
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Facebook messenger
Hi Jay, how do you account for the spread in the buy and sell prices?
I've watched a lot of your videos on Scalping, I came back to this video because this is by far one of the BEST INSTRUCTIONAL STEP BY STEP I'VE SEEN, please do more this really helped me out a lot in my scalping. Thank You
Im a professional trader for the last 7 years, Ive come across alot of youtube mentors. You by far stand out! You have the ability to properly explain and structure your trade. Scalping is an Art which can only be mastered when you have mastered the ability to accept the risk you took to scalp and hence the return you get for that risk. BTW just came by your video, will definately look into your channel!. Good job!
I mostly do scalping these days and these strategies have worked for me, just grab and go
💰😎💰
Im watching some of your old videos for some inspiration, amazing to see where you come from
Described me to the T with the mindset being off after losing. Gold Wiped me out and I lost $200 after that stop out WOW
Jay I love the way you said Iv blown my 16 hundred dollar account and then looked behind u too see if the misses was there then turn round with the biggest releave on ur face 😂 feel ur pain g I have the same problem 😂😂😂
😂 man
Yeah same here lol
One thing I like about u is the fact that u are musically inclined. 2pac. Keep it up
You and the other gentleman with you are simple and down to earth guys but extremely honest in all your teachings in all your videos. Thank you so much for all the time and efforts. What you gentlemen teaching throughout are actually working.
Thank you I really appreciate that 🙌🏼
I scalped this morning and nearly doubled it in an hour. I looove to scalp lol
I love hearing stories like this
Same here, scalping is the shit especially on higher time frames 💯
Been loosing a lot of money with sculpting. But this video change the way I trade. Thanks Jay
Glad I could help my bro
Yes! Got stuck on those wick outs this week. Being stubborn was the problem.
I really need a mentor I opened a account blew it thinking I then watched enough videos. I really like the way you explain and break down everything
do you switch between mt4 and tradingview and if so when do you use mt4 compare to tradingview
Holy shit!!!, i've been doing this scalping thing wrong the whole time, this one video just opened my eyes and a whole new way of scalping...thank you Jay, just earned my subscription👊🏾
one scalping that does work Bollinger bands rsi when both over brought or oversold take the trade but only when things are going sideways
WOW! THIS IS WHAT I WAS LOOKING FOR!!!!!!! THANKKKKK YOU. Going to demo this soon!
This video was amazing! I had no idea what scalping was or how to scalp & now I know lol. You broke it DOWN so easy! I thank you!!!!
Awesome so glad I could add value to your trading journey
jay whatsup man,I never really understood the pivots ,U explained it so quick and i honestly understand them better now on how to look for a pivot trade
Thanx man
Love from South Afrcia
You and Joe are absolutely amazing!
What are your lines set at? The blue and pink line I mean?
When you get a standard like in your video trying to grow the account fast where do you put the stop loss in case it goes the other way ?
Below the previous low always
So big question how do you no which currencies you need buy low and when to buy high because some currency is different I guess buying in US
J Wayne you are the best. you make things sooooo easyyyy
Genius. Very valuable.Thank you.
When you’re doing a live with JayZ - that’s special 👍🏻 quality content
chill
😂
thanks, this video help me a lot for scalping, cause i am always good at scalping and everytime i tried to catch a deep sale or something like that, I couldn't control my risk management and i lost my equity in just one huge retest that a lot of times happening in GBP pairs, Thanks Jay, Love you bro
Thanks Jay! This video cleared up some things about scalping for me!!! You're great!
+gianni thank you so glad I could help
May I ask what are the Moving averages for this scalping method?
You’re an excellent educator. I enjoy your videos. Much love
Jay my brother this is the first time watching this video serious info my brother 👍🏼💯
Do profits come from the market HITTING your TP line or does it have to CLOSE above or below TP?
You are doing great bro. Keep it up man.
This was very helpful...I am still working in the Demo..I learned that the key is to be patient and consistent. I was a little discouraged when I started tonight and it was negative $19 then i just waited a bit and an hour later its $300 now..But I know you will teach me because I am still lost..
You are the best Ive been going through ALOT of your videos and im strongly considering joining the team
Really good video. I though everybody always used the $10 pip movement for long trades. I learned a lot man!
Thank you for watching
what is the MA you use in that strategy sir?
can someone explain how i use those blue and pink lines please?
hey jay i really like the way that you trade and encourage others to take profits i’m learning forex from last 3 months and i’ve even pay 350$ for mentorship in my country but I personally really founds you informative and one of the coolest trader i really appreciate what you’re doing and I want is that a one on one meeting or a session in which i want to share my experiences and really want to talk to you i’m your huge fan now.
It’ll be honor for me if you do a one on one meeting or a session. I hope you won’t regret me.
What’s a pip?
You said gbp can go up or down 20 pips per candle 50 with news but what time frame are you referring to?
Appreciate the gems. Do you have a video breaking down the risk management and standard trade? Or you could simplify it quick?
I need to learn that risk management trade and the crossover more.
What's the difference between scalp trading and binary trading?
Still trying work out how your taking profit on the down trend! Trying so hard to understand 😩 loving your content tho keep it up ✌🏼, I’m a virgin to all this shit, I get buy low sell high , but how you making profit wen the trend is down... watched this vid bout 5 x now...
Hi Jay
What’s your settings on all your indicators. On mobile and desktop if you don’t mind me asking.
Thanks
th-cam.com/video/ukmje1rYUB8/w-d-xo.html
I'm going to look for some current video's of yours
Great video Jade. Glad that I watched this video. I am gonna watch more of your videos. But most of all I am going to implement this strategy this following week. I enjoyed the way you interacted with your student. Keep it that way cause by just watching I feel like I was part of the class.
Thank you for the feedback, I appreciate you for supporting my TH-cam channel. New video coming next week
Jay, preciate the info on this video most definitely. Quick question, with this strategy do you want to do top down analysis or look at the 15 min chart only for the setup and entry?
Thank you Jay I just learned a lot and very valuable information also.
What should my lot size be on a $100 account?
0.01
When you haven’t started trading and you watch these videos it just makes your head hurt
I definitely understand so take a section of information and dissect it and master that then go on to the next part I talk about. Just a helpful tip. I want to see you win 🙏🏼
when you do come in. take it slow. learn. especially from mistakes. we all get burned. except that as part of the journey. you will sometimes do everything right and still get roasted.
Its all french until you start saying bonjour.
The craziest thing is trading while at work. checking my phone every 20 mins and seeing red. Key word from this is 'getting at a really good price' f being right. Get a good price and chill
Absolutely
Still relevant today even though this was recorded back in 2018! I'm just getting in the game and going through my learning and understanding phase. Thanks Jay!
Good job grinding bro. Stick with it.
If you get to a point where you need mentorship I got you.
I actually thought my self how to trade and I created for my self a really great strategy which is working very well for me, i am a more of a day trader than a scalper like you but i still really enjoy watching you videos man great work
Thank you 🙏🏼 i appreciate your support
hey Future_ADZ hope you're doing good if you don't mind how much time did it take you to start live trading? it's been only few week since i've started learning and i find some concepts are easy to understand but there 's others witch are more difficult and there's so much information out there that i feel sometime overwhelmed
been learning how to trade for 2months plus now but my schedule just got even busier, any tips on how to trade better and strategies i can use as a beginner?.. i love the fibonacci and i am trying to add the bolinger bands to it.
Jay when you hitting Cali???? BAY AREA been using your methods with a demo account and actually using the basics and setting up for the kill HUGE DIFFERENCE a lot more confident when jumping into the trade gonna demo for a month or so till I feel good can’t wait to drop this 9-5
Appreciate da info fam
Definitely a new venture for me , but I’m excited for the journey ✊🏾✊🏾
Absolutely let’s get it
how's your journey so far bro?
When you scalp do you set a sl and tp? Or only set up the lot size?
Just stoploss & lot size
@@JayTakeProfits Thanks Jay!
how do you set the blue and pink moving average?
Add indicators and then search the ones he has
great video man.. love it
Hey bro, I am apart of iml, this question may not be related to this video but if could answer it it’d be amazing, I’ve got a £1000 account what lot size shall I use per trade if I’m risking 1.5% per trade (3 trades a day) thank you.
Depends on your appetite. Just don't add position to your losing trade and do not go over 2% loss of your capital. It might be slow but at least you still have lots of time to think and study and refurnish along the way.
Thanks for the video Jay.
BTW, in your Pivot Point Strategy, you said once a candle wicks out at a pivot, along with confirmation, it's good to ride it all the way to the next pivot. Just wanna know if the same could be applied here.
If it happens at the pivot
is that "cross over strat" the 50 moving average ? thanks ! have a great day
Great Video !!!!!! Price Action works great as well, I use that to know where pullback is probaly going towards...also Session Time mixed with it makes a great recepe..
Thanks for the tip.
Jay.. What about the spread?..isn't that considered before scalping with standards?
Absolutely you are correct. Nothing higher than 2.5
I use the 4hr chart and these ema 10-25-50. Seems to work but as we all know patience is the key. The crossover is key when using ema or ma.
I have a question I'm a truck driver and I basically have no time to sit down at a desktop I basically do on my trading on my phone and I have Android how can I set up alerts so I can see what you see
trading view lets you set alert
Use an app called “Call Levels”
@@JayTakeProfits hi i cannot find the pivot you used on tradingview can you point me to the right exact one you used? Thanka
Jay i dont get it. So when exactly do i pull out the standard ?? And this also seems like theres poor risk management because you can lose way more than the 1-2% of your account if it goes against your favor
I do scalp some time however i believe in earnings on my long position but do short term trading to make some instant pips as well.
I started scalping gold/usd last Thursday a week ago. I’ve had 55 straight winners on a 10k demo account. Trying to master scalping before going live. I’m wondering if there is any difference between demo and live accounts with regard to being able to get winners. Do brokers mess around with you so that you lose on a live and not on demo?
No difference but can you keep the same discipline and emotions you had on demo and duplicate it on your live account.
Make sure you know the rules and make sure you are following them on demo and then do the exact same on live
Demo and live are different, because your emotions will be different. Also since you have had "55 straight winners" you do not know how you will react to a loss, or how you will react to a trade that is in draw down. Its good to master a trading style in the demo mode, but realize that the two are different.
Very helpful video. Thumbs up.
hello please send me the URL to download the app on PC...and i wanna know your best strategy.
Jay, what specifica scalping strategy to use i.e what rules does it need to meet?
Here are some of my strategies
Pick one
th-cam.com/play/PL-oi5MH54MVctmwbwjPqsuKDgf2bWDiiH.html
spot on man
I was told to avoid guys who involve themselves with IML and stuff that they arent legit traders and give traders a bad name but I have learnt alot, I mean I dont use indicators I usually trade naked charts but still I have gotten my aha moment about scalping from your videos and now I can improve my trading plan....so to me you are legit.
I really appreciate you Pete. Thanks for the comment
Great video, I really liked it.
Thank you for supporting the channel
Can someone answer this for me? How do people blow their account? Like does the broker automatically shut your account off once you're in the negative?? Like why why not just hold and sell when it goes back up. I'm new to this so my bad if i sound stupid lol
Because they risk way too much
When they should be risking 2-3 percent of there account
I haven't started trading but I learned so much from just this one video. Other trading youtubers make the charts look complicated. Thank you for the video I'm going to trade soon.
Glad I could add value to your trading journey. You can do this
Jay Take Profits do you recommend beginning traders to join IML?
I have to say yes but joining up with the right team that will mentor you is imperative. you get the same education that forex college gives but you also get trades called for you and you get weekly trainings to help you use what you’ve been learning. You can get information from youtube websites but you don’t get trades called to help you make money while your learning and you don’t get a mentor personalized to you.
Jay Take Profits thank you brother, I’m still going to watch your videos.
I appreciate your support you guys are the best
This is great man love your content
Hey man, well explained video! Just wondering what indicator the blue and pink lines you mentioned are
They are called Exponential Moving Averages
And the values?
@@reynaldogonzalez8209 6 and 3 EMA
Can you do a risk management video and strategy video?
thank you soooo much i love watching ur vids very educational
What are the lines of the crossover?
How do I get the demo Jay?
BROKER Live & demo
I use LQDFX I really like them.
t.lqdfx.com/?t=gLEm5J
Depositing $500+ (Recommended for Low spread)
Pick ECN Account
Set the leverage to 1:300
OR
Depositing Less than $500
Pick Micro Account
Set the leverage to 1:300
great information, I'm learning a lot
Nice Video, Jay. Right on the money. Can you recommend a good broker to trade FX in the U.S (not sure where you are)?
LOL 1:34 he turned back to check if his girl heard that haha. He knew she would have slapped him upside his head if she did.
😂 she actually took it well when I told her 🤭 I felt like I got kicked in the gut
@@JayTakeProfits lol you lucky. My wife would have killed me
Man 💀
So much value my man
Thank you. More coming this week
Very Informative
Thank you
What size lot is a “standard”
If you don't kno that you're obviously on a way to advance video...start from the beginning
Nakita iniesta I know the basics of lots lol. I jus never heard anyone say “Standard”
Great video
21:20 This is professional advice. Legit!
Thank you 🙌🏼
When i started searching about forex trading in youtube then i see your video i watch it over and over ang now I'm 6 months in trading and profitable because of you thanks man 👼 God bless you😇
Same here !! I want to buy his course so bad his videos alone has helped me !! So I can only imagine
Tip: pending orders in high value areas. Set small to, high risk.
Any good brokers you can recommend with low spreads for scalping?
IC Markets is the best in spread... for major pair it always 0pips or 0.1 pips.... GBP pairs 0.5-1.0 pips
10 to 20 pip per trade is power.
💰😎💰
Yea this that one
Great tips here
How much are currently on your IML team? I'd like to join to trade and build a team but need some pointers to get started.
Marky Mark it is currently 43 of us. We’re just getting started. I’m looking to add more to the team and help you become profitable traders. We are very disciplined patient traders.
Jay Take Profits Ok. Sounds good bro. Is there a more direct way to reach you?
Email is jaytakeprofits@gmail.com
Facebook is Jay Wayne
Instagram is JayWayneStories