This Scalping Strategy is so Simple, it's GENIUS!
ฝัง
- เผยแพร่เมื่อ 26 มิ.ย. 2024
- “The definition of genius is taking the complex and making it simple.” ― Albert Einstein
That's precisely what Andrew Lockwood will show you in this trading strategy, we take a complex trading style into a simple-to-execute scalping strategy. Watch it now.
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Chapters:
0:00 Intro
1:48 Scalping Strategy
6:38 Entry Rules
10:30 Exit Rules
12:13 Summary
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“The definition of genius is taking the complex and making it simple.” ― Albert Einstein That's precisely what Andrew Lockwood will show you in this trading strategy, we take a complex trading style into a simple-to-execute scalping strategy. Watch it now.
Cool and very specific 👌.
But please,🙏 what key levels/zones must we take note of, for this strategy and from which TIME FRAME should they be DRAWN???
Great teacher, have learnt so much from your videos. Thank you so much.
Happy to hear that!
thank you , Andrew with the team great info
There are a few (not many) TH-cam channels that trade live during different session ( London, New York). It would be good if you could live stream this strategy so we can see it in action.
Quality video, and very useful and detailed breakdown of this particular strategy. Thanks Andrew
Very good strategy thank you Andrew 🍁
Excellent strategy Andrew and one that should be in every traders toolbox.
Thank you Simon!
Thanks sir
Welcome!
Hi Andrew, thank you for re-doing this video from earlier. Couple of notes while I am testing it on a demo account: for anchor chart, I find the 5 min timeframe should be enough for a 1 min chart, no need for anything longer timeframe than that (though it helps massively if all 3 timeframes - including the 1 hour - align).
Also I am finding that you truly need a very strong trend on both timeframes to win consistently. As long as all 3 EMAs are properly above/below each other (i.e. you can see true 'daylight' between them), then it becomes high probability.
And lastly, I am finding that if the trigger candle(s) touches or especially, if it closes below 21 EMA, than the trade has a much higher likelyhood of failing. I am not yet 100% sure of this, but so far these are the observations.
great insights!
Are u now trading this strategy on a 1 min timeframe?
Thanks for sharing this, personally I do not trade the 1min chart so I cannot comment on this.
I just started backtesting this strategy this week as u told me to do backtesting last time. I’m looking forward to my trading journey!
did it work for you?
@@akdjaadw5924 I didn't backtest this strategy much. I've decided to backtest Boomerang trend-following strategy instead, because Andrew use Boomerang trend-following strategy in his livestreams.
Hi, City traders team
Andrew i want to ask is the SMA & EMA the same averages
Hello , nice video. Where is the video using support and resistance levels in trading and price action?
@SarkisKlinik Check this video if this helps th-cam.com/video/A3HADWmdKDE/w-d-xo.html
Hello Andrew. Im surprised as the strategy did not work on my backtesting on eurusd and gold. Do u believe I should focus on other pairs?
Cool and very specific 👌.
But please,🙏 what key levels/zones must we take note of, for this strategy and from which TIME FRAME should they be DRAWN???
Don't worry about zones with this strategy 😉
@@leemitchell2972 you wouldn't want be taking a long position in a major area of resistance, or a short on a mojor area of support.
ANDREW IS GOOD
thank you!
Im abit confused with the entry stop loss? if you are buying you enter 2 pips above the last close on the candle, and your stop loss 2 pips below the low of the entry candle? or is the stop loss 2 pips below the entry? (so always 2 pips) - also, when you say enter/exit in 2 parts, are we doing 2 seperate orders, or just one order and when we are at 1x risk we sell half, and leave the other half to run to TP?
Hi, the stop loss is 2 pips below the last candle (the candle where you entered) Yes, you're correct with the separate orders you can do it that way or sell partly.
@@thecitytraderscom thanks andrew,
hi, Andrew Lockwood, I am very impressed with your trading style and teaching and I mistakenly traded room and paid 1-year membership when I asked them about you they told me you got retired from the platform after searching on the internet I found this video I felt cheated because of the trading room didn't agree to refund and I don't have enough money to pay again for city trader account again can you please consider my request to join or give a special discount at least I can afford.
Hi, Sorry about your experience. Visit our website, link in the description of this video, and contact us. We will see what we can do.
@@thecitytraderscom thanks for the quick replay and understanding i am sending request right now
they told me the same
@@PM-zh5ef Sorry to hear this, contact us via our website!
@@DubaiFixit The other place will never be the same without Andrew Lockwood and Max Norbury.