It's worth mentioning, that this strategy works best with big cap companies. Straight breakthrough works better with small caps because you rarely get a clean retest like this.
This is the only strategy you need. So far this week, I am up 80k using this strategy alone. It;s the actual holy grail. The only caveat about this strategy is that, if you don't understand price action. it can mess you up. You need to understand and master the candlesticks and what each candle patterns means.
Trading Hidden divergences using stochastic oscillator divergence works fine too,I'd seen a guy who made 728k USD in a few days using just 1k USD and stochastic oscillator divergence strategy
you said something that gave me an "ah huh!" momment.." mark out the pervious daily high and low for direction bias (break PD high=bullish, break PD low=bearish) so much better than following a EMA or VWAP!
if you believe this shit go try it kid it is more about your strategy no matter if is simple or complicated but for info the best traders on the world has things on their chart we cant even understand because that is their edge against the market you need to find yours
But is SMC trading REALLY that complicated? I use several strategies, break and retest being one of them, but also SMC and literally the same concepts are applied just in slightly different ways. You are doing the same things and looking for the same things. IMO, most people who are trading SMC aren't doing it right if they are losing a lot of money. Blindly putting orders in an order block because it "should" go up or down from that level is NOT SMC trading. You need to wait for change of character confirmation and a retest back into the order block(no different than a break and retest of a high in this video). Lack of discipline is what causes issues for most SMC traders. The rules are not that complicated and honestly not really any different than a break and retest strategy, just applied slightly differently.
the moment i cleaned my charts and used basic stuff like structure and a few other, it radically changed my trading. i love a clean chart, and basic S/R, trend etc are undefeated
Appreicate the transparency of your trades and the way you explain these concepts in simplest form with examples, Tony. I've heard it said this way, "If you cannot explain an idea in a way that is concise and simple, then you do not fully understand it yourself."
traders think they need analysis school to be trader while in reality you don't need that and if you learn analysis school then you are analysis and not necessary a trader ,trader only need one or two strategy with good risk/reward ratio that it don't try predict the market or forecast for the whole year just focuse on your trade i know it is simple but it takes me almost two years to realize this
This strategy works only in trending markets not in ranging markets just to prove my point imagine price is begining to make an. Expanding triangle once a strong break to the upside happens and price comes down to retest and give you a buy signal you are buying in an expanding triangle which is kind of a range and in you are buying at the top of the range instead of selling hence you are stuck buying high price will reverse and take tou out since now the price will break to the low side. So most important in trading is when u spot market trending buy above candles closing near the high when you see markets ranging then look to sell above candles closing near the high.
Thanks for the video. Do you have a video on IBKR? How to set it up with general settings and the subscription, the live feed for data, etc. I tried once and it seemed very complicated. Many videos out there on how to set up charts and trading screens. But nothing on how to set it up from scratch.
Glad you got this strategy down and it works for you. I been trying to work on this strategy for about 6 months now and it never works that way for me. This isn't as easy as people make it seem. You try to follow every step, wait on the reaction and action candles. see there is support at the level, get in and boom straight the other direction 9/10 times. Think I am going to switch to trading the pattern then the one chance you get it right it doesn't ever hit your target. Glad people can make it work more power to you if you can but most of the time I see false breakouts right back into the same pattern and think I am going to take a nab at looking for the breakout signals that show support at key levels and bet against it going against the support because that is what I mainly see.
I had the same problem: buying and the market turning. That’s because you are not catching the right retest/confirmation move. Review them and you’ll figure out what you’re doing wrong. Bear in mind, they often double retest now to try screw up traders.
@@daisydee1788 So then what should I be looking for then because I am trying to figure this out. From what I have learned from months is wait for the breakout which is the reaction candle then see what the next action candle does. if it finds support at the breakout that is the point you want to get in. If it doesn't then keep an eye on it and see if it comes back to that level again. From my understanding each time a trend or key level is touched it becomes weaker, so a double retest is weaker than the first retest most people say don't trust a third retest. In the video he takes a trade based off a retest of resistance turned support on a doji candle which I find weird. even though the candle found support it was indecisive and that a reversal can occur. I would have never taken that trade on the doji because what I have been told and its wait for the next candle to print. Next candle prints to the side I want it to showing strength then I get in then bam straight the other direction. I feel almost like trading sticks more to the pattern then this breakout method in my opinion. I get burned less trading the ups and downs of a flag pattern then trying to play a breakout. Most of the time it's a false breakout right back into the pattern or it breaks out and either never returns for a second retest or two it takes all day to come back to retest and at the point I find that the support is more than not likely going to be there because it took too long and it makes me un interested in trying to trade it at that key level again. I have been reviewing for about 6 months and I see no difference in what I am doing and what everyone else is doing on the breakout strategy. When your mind tells you you followed all the rules in every scenario, and it still fails 9/10 times does this strategy really work like everyone says it does or is someone not giving the full rules and I don't know something? I feel like I am missing something because I don't see it as easy as everyone acts like it is when they make these videos. This month I am going to only try trading inside flag or channel patterns, and I want to see if this works better for me then trying to trade breakouts just to see what I can do because there is something I am not getting with this breakout trading strat and I have gone through so many videos that it isn't funny, and everyone says the same thing.
you need to build a journal of all trades you are taking. Including your complete thought process and emotions during the. Something else you need to do is study a few more courses. One course never made a trader
why did you only trade, M, W, Th ? Also, are your options ATM or ITM or OTM ? also do you use market orders to get in/ out or limit orders at your levels?
Thanks for this vid. Looking forward on your future vids. Getting back into trading myself. Gonna back test your strategy and a few other others. Got a new subscriber from me.
@Hajjat I have three ema's on my chart 9,20,200. Plus, on the volume bars below, I have Bollinger Bands. I've been practicing on thinkorswim platform. When you hit the live trading option instead of paper trading, it will allow you to access something called OnDemand. This option allows you to go back in time and trade the market and practice your strategy, use tour indicators, and see what direction the market is going. Number on of all, use scarface's strategy. I've been green, but risking took a lot of money (paper) to make so little. I'm still practicing. Just keep watching his vids over and over and perfect it. Busy with work, but when I get home, my personal life is gone. No one is allowed at my home, and if ppl.do show up, I just don't answer my door. Busy studying and practicing. Do tell or share with anyone what you're doing. They will discourage you from pursuing your dreams and new career choice. When you all start upgrading things in your life, like for me, it would be my car first. Then buy some land somewhere nice and build something, then like others say.... invest into multi-living properties, rentals, and hotels to beat the taxes. Let's go, everyone! Let's come up together!
Thanks for the vid. Can you do a small 1k account challenge? Want to see your strategy to make your account grow. Thanks again and looking forward to your other vids
I would love to see this, I am just satrting out myself and would love like a 4 week challenge or something for very beginners. There are a lot of us out here and could use help with even the simple things like getting our charts set up and such. Love the videos though, I love how easily you explaine everything.
It is my second time to see this strategy at first I didn't take it serious but today with clear explanation I fully understand it and with immediate effect from now on I will only focus on this one simple strategy.
What broker are you using? Is it the one you talked about at the beginning? And what’s your method/steps for buying/selling options with a stop loss? Is that easy to do with the broker you’re using? Or are you calculating it manually and adding it to the order after it’s been placed?
If you want to get at this level and don’t have high capital of your own money to start a trading account . you need to get a funded account that gives you 10k+..
That's what these "gurus" don't tell you, you have to risk $400,000 to $500,000 or more to make these LAMBO PROFITS and hope you don't lose it all by the manipulation and theft in the market...
Great content -- very well explained ... Have you considered linking to any of your OTHER videos you mentioned during your discourse? (eg a couple of video links/thumbnails at end)
The declining win rate of a strategy has nothing whatsoever to do with how many people are trading it, dude. Our actions, even collectively, hardly make a blip in the market. Strategies ebb and flow as markets go through natural evolution and cycle changes. This is especially true of indicator-based strategies, as they rely on scripts rather than discretion. That being said, I 100% agree with the premise that ICT is a waste of time.
You had me until you said $15 for each contract(NVDA). Most people cant trade that type of premium. Let alone 20 contracts. Thats why your pnl is so skewed compared to most others.
Awesome content as usual. If you can, I would love a video on your allocation plan, type of contracts you use (delta, DTE), and why you choose certain stocks on some days (premarket scan, or something else?). Thank a lot dude, you rock!
Also, consider things like Forex where retail traders are generally trading CFD's, not the actual currencies themselves. Therefore, SMC trading doesn't really have any effect on the market since there is no real liquidity for the banks/hedge funds/institutions to take from retail traders since the retail traders are not trading the same instruments as they are. And even if there WAS money to be taken from retail traders, the amount would be so small compared to what they are trading with that it would be inconsequential - under 5% total.
Your stop loss is so small that I always hit in crypto. I only trade in crypto Your stop loss really needs to be about 3 or 4 percent to not reach it the stop loss
the strategy is valid for stocks, equities, etfs, forex, resources, bitcoin, anything with volume. this is a very common strategy. the problem is the work that needs to be put in beforehand in terms of setting levels, setting alerts for those levels and the difficulty in automating that. I'd love to see this guy's performance over a year. You could trade the 5 minute breakout strategy and it is profitable at the end of the month and actual stupid simple to automate. it all depends on what you want to do with your mornings or days or time in general.
thank you for what? lol this strategy is 30+ years old. For what are you grateful here? That's rhetorical. What you ACTUALLY want is a much more simple strategy that you can automate and count profit at the end of the month.
Man thank you. Much love from South Africa. I will be watching all your videos.. Love your honest and simple approach no bs. Keep doing what you doing
It's worth mentioning, that this strategy works best with big cap companies. Straight breakthrough works better with small caps because you rarely get a clean retest like this.
I'm only using price action, market structure, and 50 ema. Very consistent
what ticker do you focus on mostly
@@Tobbzy04 I trade forex major pairs, except NZDUSD.
This is the way. I'm using 21ema though and a 2000 tick chart
@@tj86xj fellow PAT/Thomas Wade enjoyer?
@@ce8539 You know it 🍻
This is the only strategy you need. So far this week, I am up 80k using this strategy alone. It;s the actual holy grail. The only caveat about this strategy is that, if you don't understand price action. it can mess you up. You need to understand and master the candlesticks and what each candle patterns means.
Is there like candle stick book ? Or something to master them flash cards or common pattern I’ve been looking but can’t find it
What stocks/indices/pairs do you like to trade with it? Seems legit!
Don't worry about patterns learn supply and demand, once you learn that you'll start to understand why the price moves up and down
Trading Hidden divergences using stochastic oscillator divergence works fine too,I'd seen a guy who made 728k USD in a few days using just 1k USD and stochastic oscillator divergence strategy
80k is insane. hard to save this amount with a job.
you said something that gave me an "ah huh!" momment.." mark out the pervious daily high and low for direction bias (break PD high=bullish, break PD low=bearish) so much better than following a EMA or VWAP!
Yea, I agree, I liked this also!
1+1 =2 😂
@@taden2007 😅
"Complication = Unprofitability". Nailed it.
Truth... I've been living it for 7 years.... ugggh
@@keljaz6616 Your stop loss is my entry
if you believe this shit go try it kid
it is more about your strategy no matter if is simple or complicated
but for info the best traders on the world has things on their chart we cant even understand because that is their edge against the market you need to find yours
But is SMC trading REALLY that complicated? I use several strategies, break and retest being one of them, but also SMC and literally the same concepts are applied just in slightly different ways. You are doing the same things and looking for the same things. IMO, most people who are trading SMC aren't doing it right if they are losing a lot of money. Blindly putting orders in an order block because it "should" go up or down from that level is NOT SMC trading. You need to wait for change of character confirmation and a retest back into the order block(no different than a break and retest of a high in this video). Lack of discipline is what causes issues for most SMC traders. The rules are not that complicated and honestly not really any different than a break and retest strategy, just applied slightly differently.
Every trader has their own strategy,but so far I think you have the simplest one.
the moment i cleaned my charts and used basic stuff like structure and a few other, it radically changed my trading. i love a clean chart, and basic S/R, trend etc are undefeated
Appreicate the transparency of your trades and the way you explain these concepts in simplest form with examples, Tony. I've heard it said this way, "If you cannot explain an idea in a way that is concise and simple, then you do not fully understand it yourself."
traders think they need analysis school to be trader while in reality you don't need that and if you learn analysis school then you are analysis and not necessary a trader ,trader only need one or two strategy with good risk/reward ratio that it
don't try predict the market or forecast for the whole year just focuse on your trade
i know it is simple but it takes me almost two years to realize this
Complication only occurs when traders have no idea why and how the markets move. Its simply the lack of understanding.
lets go guys, 2000 likes , we get the real deal ... 1 hour , press the like, lets learn together.this are gems for free, low hanging fruits,thx Tony
I don’t understand, if you are doing this well, why are you telling other people and looking to build your subscriber base? Congrats on the trades.
There is no competition between retail traders. We dont move the market anyways.
@@Buu7899true, but not enough
To be successful on TH-cam… why can’t someone do more then one thing…
It doesn't mean if you earn on 1 thing, you stop looking to earn from another. You monetize each possibility and grow different types of assets.
Consistency and focus to be successful
As long as trend matters break out will work, proper RR and you good to go.
thank you so much , can't wait the 1 hour video.
this is one of the simplest and best videos i've watched so far
This strategy works only in trending markets not in ranging markets just to prove my point imagine price is begining to make an. Expanding triangle once a strong break to the upside happens and price comes down to retest and give you a buy signal you are buying in an expanding triangle which is kind of a range and in you are buying at the top of the range instead of selling hence you are stuck buying high price will reverse and take tou out since now the price will break to the low side. So most important in trading is when u spot market trending buy above candles closing near the high when you see markets ranging then look to sell above candles closing near the high.
Bro this is solid 💯.
i am going to be your new student i am storgling to learn trade from 3 years so look like you are the best mentor Teacher thanks you for good video ..
Be careful man! He hasn't even showed real proof of his success
I don’t ever like or subscribe… but this video was fucking straight forward and proved he knows exactly how to trade as well as coach.. great video
Great Video, thanks and I look forward to the 1 hour!
Thanks for the video. Do you have a video on IBKR? How to set it up with general settings and the subscription, the live feed for data, etc. I tried once and it seemed very complicated. Many videos out there on how to set up charts and trading screens. But nothing on how to set it up from scratch.
Tell me you are The GOAT without telling me you're The GOAT.
* Uploads this video *
thank you for sharing this! Liked + Subbed
Good for you! That’s awesome ❤
10K like aim completed, we need that 1 hour long video
Simple is the Key 😊
Thanks lil brother…this strategy kicks ass
Glad you got this strategy down and it works for you. I been trying to work on this strategy for about 6 months now and it never works that way for me. This isn't as easy as people make it seem. You try to follow every step, wait on the reaction and action candles. see there is support at the level, get in and boom straight the other direction 9/10 times. Think I am going to switch to trading the pattern then the one chance you get it right it doesn't ever hit your target. Glad people can make it work more power to you if you can but most of the time I see false breakouts right back into the same pattern and think I am going to take a nab at looking for the breakout signals that show support at key levels and bet against it going against the support because that is what I mainly see.
I had the same problem: buying and the market turning. That’s because you are not catching the right retest/confirmation move. Review them and you’ll figure out what you’re doing wrong. Bear in mind, they often double retest now to try screw up traders.
@@daisydee1788 So then what should I be looking for then because I am trying to figure this out. From what I have learned from months is wait for the breakout which is the reaction candle then see what the next action candle does. if it finds support at the breakout that is the point you want to get in. If it doesn't then keep an eye on it and see if it comes back to that level again. From my understanding each time a trend or key level is touched it becomes weaker, so a double retest is weaker than the first retest most people say don't trust a third retest. In the video he takes a trade based off a retest of resistance turned support on a doji candle which I find weird. even though the candle found support it was indecisive and that a reversal can occur. I would have never taken that trade on the doji because what I have been told and its wait for the next candle to print. Next candle prints to the side I want it to showing strength then I get in then bam straight the other direction. I feel almost like trading sticks more to the pattern then this breakout method in my opinion. I get burned less trading the ups and downs of a flag pattern then trying to play a breakout. Most of the time it's a false breakout right back into the pattern or it breaks out and either never returns for a second retest or two it takes all day to come back to retest and at the point I find that the support is more than not likely going to be there because it took too long and it makes me un interested in trying to trade it at that key level again. I have been reviewing for about 6 months and I see no difference in what I am doing and what everyone else is doing on the breakout strategy. When your mind tells you you followed all the rules in every scenario, and it still fails 9/10 times does this strategy really work like everyone says it does or is someone not giving the full rules and I don't know something? I feel like I am missing something because I don't see it as easy as everyone acts like it is when they make these videos. This month I am going to only try trading inside flag or channel patterns, and I want to see if this works better for me then trying to trade breakouts just to see what I can do because there is something I am not getting with this breakout trading strat and I have gone through so many videos that it isn't funny, and everyone says the same thing.
you need to build a journal of all trades you are taking. Including your complete thought process and emotions during the. Something else you need to do is study a few more courses. One course never made a trader
why did you only trade, M, W, Th ? Also, are your options ATM or ITM or OTM ? also do you use market orders to get in/ out or limit orders at your levels?
“Buy low, sell high”. Thank you! But I’m still confused how to predict the market.
I Trade same way great strategy well done 👍🏻
My strategy is to use RSI, Bollinger bands, and stochastic indicators along with the S&R breakout
ICT and Smart Money Concepts.... please keep using these. I need the money.
trade with the market and learn its habits and you'll be fineeeeee.
thanks bruh.. u make pretty killer vids.
Love the practical approach in this video. Instead of just theory, you're giving actionable advice that traders can apply right away.
Thanks for this vid.
Looking forward on your future vids.
Getting back into trading myself.
Gonna back test your strategy and a few other others.
Got a new subscriber from me.
How is the backrest going
How do you back test? Is there a tool or script to use?
@Hajjat I have three ema's on my chart 9,20,200. Plus, on the volume bars below, I have Bollinger Bands.
I've been practicing on thinkorswim platform. When you hit the live trading option instead of paper trading, it will allow you to access something called OnDemand.
This option allows you to go back in time and trade the market and practice your strategy, use tour indicators, and see what direction the market is going. Number on of all, use scarface's strategy.
I've been green, but risking took a lot of money (paper) to make so little.
I'm still practicing.
Just keep watching his vids over and over and perfect it.
Busy with work, but when I get home, my personal life is gone.
No one is allowed at my home, and if ppl.do show up, I just don't answer my door. Busy studying and practicing.
Do tell or share with anyone what you're doing.
They will discourage you from pursuing your dreams and new career choice.
When you all start upgrading things in your life, like for me, it would be my car first.
Then buy some land somewhere nice and build something, then like others say.... invest into multi-living properties, rentals, and hotels to beat the taxes.
Let's go, everyone! Let's come up together!
Im just using ema 50,21,200.ema 50&200 for looking trend in big time frame and ema 50&21 is for looking moments in small time frame
Winrate just 40-60% but with right money management,this strategy still profit
@@ttdipsyou use the triple ema crossover strategy?
12:39 comparison so nice
Thanks for the awesome learning advise!!!!
The strategy you use is profitable and works . I subscribed to your chanel. Like what you are explaining and showing.
Thanks for the vid. Can you do a small 1k account challenge?
Want to see your strategy to make your account grow.
Thanks again and looking forward to your other vids
I would love to see this, I am just satrting out myself and would love like a 4 week challenge or something for very beginners. There are a lot of us out here and could use help with even the simple things like getting our charts set up and such. Love the videos though, I love how easily you explaine everything.
Nice, I like your breakdown.
It is my second time to see this strategy at first I didn't take it serious but today with clear explanation I fully understand it and with immediate effect from now on I will only focus on this one simple strategy.
Hi, after 5 months what are your results with this strategy ?
What broker are you using? Is it the one you talked about at the beginning? And what’s your method/steps for buying/selling options with a stop loss? Is that easy to do with the broker you’re using? Or are you calculating it manually and adding it to the order after it’s been placed?
Excellent analysis.
Nice video and informative!
Can you please create a video for swing trading strategies without technical analysis?
Which trading software are you using?
make a video on what indicators to use for breakout and retest traders
Thanks bro for sharing your trading strategy
Looking forward to the 1hr video, thanks bro!!!
Is this options trading? Or futures?
You also have videos on ICT's approach. What is your *real* trading style?
Listen @ 4:15
How much money did you start with to make $100,000 .. you need money to make money..
If you want to get at this level and don’t have high capital of your own money to start a trading account . you need to get a funded account that gives you 10k+..
That's what these "gurus" don't tell you, you have to risk $400,000 to $500,000 or more to make these LAMBO PROFITS and hope you don't lose it all by the manipulation and theft in the market...
You've killed it champ 🏆🏆 unbelievably simple and doable. Thank you 👍😊
Powerful my man.. Thanks thanks again
Great content -- very well explained ... Have you considered linking to any of your OTHER videos you mentioned during your discourse? (eg a couple of video links/thumbnails at end)
Tony , thank you so much for sharing your strategy... much respect my man! God bless - Jerry
Every strategy works ur risk management should be on point
Hello! What brokerage platform do you use?
Great video! Also liked so we can get the 1 hour video :) . Does this work for Futures as well? Or just stocks?
does it work for forex too?
Hello what is your win rate to date?
One simple strategy youtube channel
This is a powerful setup. However beware of a modified 'head and shoulder'.
ur the goat !
Appreciate it!
Hey Tony!! I love your videos so much!! Thank you for your knowledge!! Would you mind go over your options strategy as well? :)
many thanks pal.
1600 likes. Remember your promise at 2k😎
Wonderful bro…Awesome❤
The declining win rate of a strategy has nothing whatsoever to do with how many people are trading it, dude. Our actions, even collectively, hardly make a blip in the market. Strategies ebb and flow as markets go through natural evolution and cycle changes. This is especially true of indicator-based strategies, as they rely on scripts rather than discretion. That being said, I 100% agree with the premise that ICT is a waste of time.
interesting video , how much charges you pay for every trade ?
You had me until you said $15 for each contract(NVDA). Most people cant trade that type of premium. Let alone 20 contracts. Thats why your pnl is so skewed compared to most others.
What platform do you think he trades off of?
If and only market was that simple
3:04 its alright bro, none strategy is 100%
Hey Tony I have a question.
Are you trading futures or stocks? Please let me know thanks
Awesome content as usual. If you can, I would love a video on your allocation plan, type of contracts you use (delta, DTE), and why you choose certain stocks on some days (premarket scan, or something else?). Thank a lot dude, you rock!
Great suggestion! I could make a morning routine type of video.
How do you determine which stocks to trade as well
Hi,what is the best trading platform for beginners?
People think differently, so some people works well with simple system while the others may not.
Is it applicable for forex trading?
Great stuff man, been looking for something to help me refine my entries and minimize them. Thanks for posting!
Great video
are you using weekly tf or monthly?
Also, consider things like Forex where retail traders are generally trading CFD's, not the actual currencies themselves. Therefore, SMC trading doesn't really have any effect on the market since there is no real liquidity for the banks/hedge funds/institutions to take from retail traders since the retail traders are not trading the same instruments as they are. And even if there WAS money to be taken from retail traders, the amount would be so small compared to what they are trading with that it would be inconsequential - under 5% total.
Hey Scar, just wanna know what's your take on prop firms for beginners?
Are these different from quotex?
Where website do you use to view the graph?
I'm 59, I need to maximize my income. I will watch you more to learn. What you're explaining I've experienced in a negative aspect. Please help
Nice strategy ❗️👌
Your stop loss is so small that I always hit in crypto. I only trade in crypto Your stop loss really needs to be about 3 or 4 percent to not reach it the stop loss
is this strategy good for trading forex too??
We love you and your videos.. Jesus brings you close to Him.
Cool vid. Is this valid for Forex too?
the strategy is valid for stocks, equities, etfs, forex, resources, bitcoin, anything with volume. this is a very common strategy. the problem is the work that needs to be put in beforehand in terms of setting levels, setting alerts for those levels and the difficulty in automating that. I'd love to see this guy's performance over a year. You could trade the 5 minute breakout strategy and it is profitable at the end of the month and actual stupid simple to automate. it all depends on what you want to do with your mornings or days or time in general.
woooow thank you!
thank you for what? lol this strategy is 30+ years old. For what are you grateful here? That's rhetorical. What you ACTUALLY want is a much more simple strategy that you can automate and count profit at the end of the month.
Very Nice 👍🏾
Thanks brother for help me😊😊😊😊
Ive tried that strategy to xau/usd... Was about 50% win rate... Have you tried to that pair??? Or only crypto???
Does this strategy work on futures as well?
Every month? Really?