5k+ hours watching candles develop and it becomes easy regardless of strategy. Hardest part is mastering the mental game and avoiding prop scams/getting paid.
This is a perfect example of how it doesn't really matter for your strategy to be over complicated to work!!.Well done buddy really enjoyed your interview Really loveable character!!
what does he mean with 'boom' when he talks about the upper trend line that he draws. Does he mean the last moment when price went outside the upper line of the bollinger band? Or does he mean the most recent moment when price touched the upper line of the bollinger band? and the retracement, does he mean when price reached the middle line of the bollinger bands?
Great interview but like many other commenters, I fail to understand what Mr. Chiat was saying. I understand about the 30 minute and the lines but at the 5 minute it's not clear what he said. Check the comments, I am not the only one...
As a 5 year experienced trader, i don't beleive this, cause this is fake, even this is not a strategy. and this is not serious at alll. trading is a serious business.
In fact xauusd pips are like 200 points equally to 10pips on others currencies like Eurusd. 7pips on Gbpusd is equivalent to 140points on gold Just for clarification Not exactly, but good approximation like gravity =10
So many people misunderstand pips vs points. Also, some brokers use them interchangeably. As long as we know our own risk management/ lot size, it matters very little what someone calls it.
im completely lost. Is he purposely not giving any of the key information away? no way he is profitable trading like this. I went and back tested this basic range trading approach and lost 4/5 trades haha
Pity that he is not clearer as to the strategy! Clearly it is working for him but the explanation was full of "holes" and statements which I could not understand! Well done anyway on your success.
I just took 1 year and 5month for my "aha" Moment. I just have to follow my trading rules now. xD . However, the cost was too great hahaha. Was isolating myself for too long.
Am i the only one seing break of structure and retracement back to the structure? Like for real, i see like 4 trades profitable with a 1:11:2 RR minute 12:18 chart 😢😢😢
Um, maybe some kind soul can help me: What doe dhe mean by boom? I feel like dunce but I absolutely do not understand what he meant by that even when I look at where he drew the lines on the chart...
Same Strat with me.. but my patience and discipline still not there 😅 this Strat makes you more greedy.. flipping accounts in a day but without discipline you’ll blow your account like me😄
Broker is a broker, same day with another day either yesterday, today, tomorrow and future day. They see your trade, they pay your profits, they know you, they applaud for you, they compliment your win. But they will fcuk you someday. For them not to fcuk you, trade and withdraw your profits wisely. To my fellow Malaysian, hats off to you. Im proud one of good trader came from my country.
These are support levels, support levels can tell You A LOT, also, there are patterns in which markets sometimes, not always, but sometimes, move. These lines can help track the movement. And You want to draw them at the highest high level and the lowest low. For the best results 2 on the day before, and 2 on the day You trade.
I'm not a pro, but I'm guessing those are his support and resistance guides. the support is made up of recent low points and the resistance set on recent highs.
Well, do you think he will disclose all his trade secrets in a public interview? A good trader has multiple trading strategies and maybe this is just 1 from 30 good strategies.
Hello @tuhairweronnie7385, cTrader is only available for the FTMO Challenge. If you have any problems, please contact support: support@ftmo.com Thank you for your question, and do not hesitate to contact us again.
So basically wait for crab market after 'big boom', draw 2 lines, entry (10 -30 lots) when it hits 1 of the lines, tp sl 1:1. When it works, great. When it doesn't, take a rest and play dota 2, trade tomorrow. Got it, ooga booga strat works
This guy is only trading for 4 months with ftmo and getting interview? is 4 months enough to proof consistency lol??? anyone can say they were trading for 10 20 years before that but its not like they or ftmo showing proof of it here... ftmo needs to set very high standards on who they interview. i wonder how many traders who ftmo interviewd still has their account with ftmo?
The point is, any strategy can "work". Its far more important to manage your risk and stick to your gameplan. You have to be okay with every single trade you take hitting your stop. Otherwise you're just taking random shots in the dark.
@@ShorlanTanzo agreed. Risk management is key in successful trading and the fact that he doesn't talk about it but instead focuses on getting the profit is a little concerning. There's a very wise quote from Jack Schwager who said know how to get out before you even get in
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional like I did. If you get the facts about saving and investing and follow through with an intelligent plan, you should be able to gain financial security over the years and enjoy the benefits of managing your money.
The war happening with Israel and Palestine is drastically affecting gold right now hence why it’s on such a big bull run. Right now isn’t the safest to sell gold but better to buy
I'd like to join your discord, but it is impossible for me. Please make verification easier. I did not delete the discord from my old phone, so i can not verify the phone. Although i receive the code, it doesn't let me paste it.
The trick is also his risk management. If you see his winrate is 70% ish but his Tp is su usually around .7R… that can mean that he takes trades slightly above 1 R or slightly less than .7 R to make that .7 be the average…. Meaning he likely knows when to close a trade before it reversed and also he mentioned he cuts his losses short. This is KEY for 1:1 strategies otherwise you’re just BE at best. Watch nick Shawn on TH-cam he explains the 1:1 in a great way
He has 6 years of trading and probably more than 4 scalping Gold. Am 9 months in and i have reaclise nothing beats experience in this game
5k+ hours watching candles develop and it becomes easy regardless of strategy. Hardest part is mastering the mental game and avoiding prop scams/getting paid.
This is a perfect example of how it doesn't really matter for your strategy to be over complicated to work!!.Well done buddy really enjoyed your interview
Really loveable character!!
In fact none of the scammer SMC 1:100 RR traders ever make it to ftmo interview or leaderboard (in 99% of cases)
@@human_hope I have seen plenty, some are from malaysia as well.
My nigga trade consolidation while majority trade trending market nd he kills it😂
22:30 Buys more profitable because gold on a uptrend
You made Malaysia proud 🇲🇾 ! You being so down to earth journey in the mental side of trading, I love your sharing
Its actually 20 & 40 pips not 200 or 400 pips
what does he mean with 'boom' when he talks about the upper trend line that he draws.
Does he mean the last moment when price went outside the upper line of the bollinger band?
Or does he mean the most recent moment when price touched the upper line of the bollinger band?
and the retracement, does he mean when price reached the middle line of the bollinger bands?
I think he’s looking at when price shoots up/down leaving an imbalance
Bull not boom
the interviewer's brains working on overtime trying to understand hhaaahhahahaha
hahaha... I agree. The trader certainly didn't put it out very clearly...
Excellent skills bro!!! 🔥🔥🔥
Great interview but like many other commenters, I fail to understand what Mr. Chiat was saying. I understand about the 30 minute and the lines but at the 5 minute it's not clear what he said. Check the comments, I am not the only one...
I watched 3 times to understand. Finally I understood.
I enjoyed every bit of this interview..Weldone!
As a 5 year experienced trader, i don't beleive this, cause this is fake, even this is not a strategy. and this is not serious at alll. trading is a serious business.
I mean if it works it works. I feel P&L speaks louder than strategy
yo man saying 200 pips, it's 20 pips
On FTMO 200 pips is the same as 20 pips in other brokers. I struggled to adopt at the first challenge because of the difference
In fact xauusd pips are like 200 points equally to 10pips on others currencies like Eurusd.
7pips on Gbpusd is equivalent to 140points on gold
Just for clarification
Not exactly, but good approximation like gravity =10
So many people misunderstand pips vs points. Also, some brokers use them interchangeably.
As long as we know our own risk management/
lot size, it matters very little what someone calls it.
Lol
how about calling it in dollars and cents? @@leahtradesforex
im completely lost. Is he purposely not giving any of the key information away? no way he is profitable trading like this.
I went and back tested this basic range trading approach and lost 4/5 trades haha
Amazing, no clue about how it could work on other markets, yet still consistently profitable. Good job homie!
This strategy hurts my brain.
Does he have TH-cam channel
Broski on the left looks fried
So when the price boom boom wtf 😭 this guy is very not a expert😂
Pity that he is not clearer as to the strategy! Clearly it is working for him but the explanation was full of "holes" and statements which I could not understand! Well done anyway on your success.
Thank you! an awesome advice for all both beginners and pro alike...love it!
200 pips does he mean 20?
Proud of you from Malaysia!
Why did you guys Ban Andrew NFX? Everyone should be aware of this!
The interviewer is almost falling asleep 😅😅😅
Choon Cheat, Can you upload a video where that explains more elaborate about your strategy please?
its pretty easy mate,,hes using a mean reversion strat
$2 movement = 200 pips 🤔
FTMO researching how to manipulate the candles to blow your account and you boy telling all the sauce. :D
wow. Probably the most horrible explanation of a trading strategy I've ever encountered!
Gold scalping King. He is smart guy
I just took 1 year and 5month for my "aha" Moment. I just have to follow my trading rules now. xD . However, the cost was too great hahaha. Was isolating myself for too long.
best one good luck chan chi
Hello, How much do you manage to trade? How long did it take to make this profit? What is the lot size of per transaction?
Does anyone know this guys social media handles?
Am i the only one seing break of structure and retracement back to the structure? Like for real, i see like 4 trades profitable with a 1:1 1:2 RR minute 12:18 chart 😢😢😢
yeah, I'm also scalping gold since 6, 7 years... same strategy, etc. 😎
Do you know you can be earning good compound bonus profit trading every day?
Hello Mr
hey, this strategy have a name or smth to search more about it?
Can you actually explain the strategy?… I understand until he gets to the 5 minute chart… what do you look for?
Interesting and informative 🇯🇲
Um, maybe some kind soul can help me:
What doe dhe mean by boom? I feel like dunce but I absolutely do not understand what he meant by that even when I look at where he drew the lines on the chart...
he's saying BULL...
Looking to get ftmo funded account. I am in free trial period and working on it to improve strategy.
I just catched up what he does might be entry for retracement after trend finish.
any chance of getting in touch with this guy to learn? I want to pass my ftmo too!! lol...
Same Strat with me.. but my patience and discipline still not there 😅 this Strat makes you more greedy.. flipping accounts in a day but without discipline you’ll blow your account like me😄
Hi can you teach me this strategy in detail?
Broker is a broker, same day with another day either yesterday, today, tomorrow and future day. They see your trade, they pay your profits, they know you, they applaud for you, they compliment your win.
But they will fcuk you someday.
For them not to fcuk you, trade and withdraw your profits wisely.
To my fellow Malaysian, hats off to you. Im proud one of good trader came from my country.
So capturing 1 - 2 pips with lot size of 10 and making $2K per trade.
unfortunately FTMO banned Indonesia. Too Bad.
Hey Bro Choon didn't u consider full time trading since u got decent profit, u don't have to work for someone? I'm curious
I am confused. what is he basing his horizontal lines off of?
These are support levels, support levels can tell You A LOT, also, there are patterns in which markets sometimes, not always, but sometimes, move.
These lines can help track the movement. And You want to draw them at the highest high level and the lowest low.
For the best results 2 on the day before, and 2 on the day You trade.
No wonder you're confused. This video seems like a complete joke.
My IQ dropped after watching this.
this is pure gold. i adapt this stratage with 3-8 rr
Could someone comment. At approximately 9:14-9:17 when he says he will draw 2 lines. where is again he narrows down to draw the 2 lines?
I'm not a pro, but I'm guessing those are his support and resistance guides. the support is made up of recent low points and the resistance set on recent highs.
@@_Kknox thank you. Appreciate it. 🙏🏼
6 years of doing nothing. this cant be real.
you have to meet the guy
@@iattractlimitlessprosperitydo you have his social media account?
"There's nothing but Gold", sounds so rich 🤣
What does he mean he starts off with a boom?
Bull not boom
How the hell do u scalp with such high spreads
Does anyone have his social media handle please?
They have tricked you into trading more pairs...they want you to lose the account .
Stick to one pair Bro.
stick to what is already proven. Some strategies work well on certain pairs and less on others
6 years experience and didnt even research other markets which takes few hours, this dude ist completly cap
😂😂😂😂
Lol both these guys are clowns. Such scammers, FTMO is garbage site
Very Malaysian Slang, boleh boleh
1975 -> 1973 is 20 pips... not 200 pips haha
How to contact choon chiat ?
Can`
t tell me the iterviewer is sober hahahah
Good luck bro !!!
Thanks for sharing
Couldn’t even understand him
how can we contact these traders?
First❤
Good day. Does FTMO teach how to trade forex? If you teach, how can you connect to learning? thank you
Hello @yevhenbabiichuk2155,
Please check our FTMO Academy at: academy.ftmo.com/
Thank you for your question, and do not hesitate to contact us again.
He use signals :D
Whose signals? Lol
@@jimmorrison3190 universe
why u stop indonesian traders?
My favorite word OVERSOLD
Good luck 🎉
10 lots per trade?
Sifoooo, please teach me!!
first boom???? what does he mean by that
first breakout,basically a drastic movement either up or down
No female hosts?
As an American , we unsubscribe.
Sucks to suck… if you bought a challenge before hand they still serve us… best company out
As an american
(Check out funding pips)
nice!
what type account of he hold and what size of account?
100k
Well, do you think he will disclose all his trade secrets in a public interview? A good trader has multiple trading strategies and maybe this is just 1 from 30 good strategies.
The secret is there is NO SECRET!!!!
Sure... The recipe is that there's no recipe...
@@NCE180he’s just a range trader. 30 min higher time frame, 5 min entry/exit
@@IceDogXenahe is yes but you still have to get it right… otherwise anyone can be a range trader and make money.
Ya this is a clear con, FTMO has such unfavorable conditions, but this guy will make podcasts and make ppl believe it’s legit. Fk right off
Why is ctrader not available for me in usa?!
Hello @tuhairweronnie7385,
cTrader is only available for the FTMO Challenge. If you have any problems, please contact support: support@ftmo.com
Thank you for your question, and do not hesitate to contact us again.
So basically wait for crab market after 'big boom', draw 2 lines, entry (10 -30 lots) when it hits 1 of the lines, tp sl 1:1.
When it works, great. When it doesn't, take a rest and play dota 2, trade tomorrow.
Got it, ooga booga strat works
I love xauusd
BIG BALL SCALPER
Why you don't continue review failed challenge like before
Bc dude is running a scam website, it’s quite simple
nice
Alpha capital has tier 1 feeds which cant be altered
So proud of him nice 👍
$1 = 10 pips
FTMO or not
no it can be 10 pips = 10000$ and it can be 20 pips = 10$ this is measure for what lot size using
Master the order flow 🧠
How
ftmo interview is back ! yes!
Brilliant trading strategy... may the pips be with you 🙂
This guy is only trading for 4 months with ftmo and getting interview? is 4 months enough to proof consistency lol??? anyone can say they were trading for 10 20 years before that but its not like they or ftmo showing proof of it here... ftmo needs to set very high standards on who they interview. i wonder how many traders who ftmo interviewd still has their account with ftmo?
Bro he has 4 acc with 70%+ wr and consistency of 86 he’s a fucking pro what are you talking about 😂
bro watch the interview. He said 4 years not 4 months.
Interesting! Thank you 🙏
Does this trading strategy make sense to anyone?
no it doesn't to me
Does it matter?
The point is, any strategy can "work". Its far more important to manage your risk and stick to your gameplan. You have to be okay with every single trade you take hitting your stop. Otherwise you're just taking random shots in the dark.
@@ShorlanTanzo agreed. Risk management is key in successful trading and the fact that he doesn't talk about it but instead focuses on getting the profit is a little concerning. There's a very wise quote from Jack Schwager who said know how to get out before you even get in
It makes total sense. He's trading the range between the support and resistance levels. Markets tend to be ranging more than they are trending.
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional like I did. If you get the facts about saving and investing and follow through with an intelligent plan, you should be able to gain financial security over the years and enjoy the benefits of managing your money.
The war happening with Israel and Palestine is drastically affecting gold right now hence why it’s on such a big bull run. Right now isn’t the safest to sell gold but better to buy
Yeah mate. Go do just that on a funded account and pull out the same withdrawals.
Why can’t people appreciate a good trader ?
@@I_Am_Demo_Baller_Trader People do all the time. I did.
The trend is not his friend, hahaha
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He had the skill
how can you scalp 1:1 considering commissions and spreads?
his win rate is like 70% He's fine
The trick is also his risk management. If you see his winrate is 70% ish but his Tp is su usually around .7R… that can mean that he takes trades slightly above 1 R or slightly less than .7 R to make that .7 be the average…. Meaning he likely knows when to close a trade before it reversed and also he mentioned he cuts his losses short. This is KEY for 1:1 strategies otherwise you’re just BE at best. Watch nick Shawn on TH-cam he explains the 1:1 in a great way
@@Darknight0000ya but when you factor in time he’s getting absolutely destroyed, FTMO is definitely bullsh*t
Xauusd only take spread. No commision. Cmiiw