I backtested this strategy with my own little touch, and I am shocked at the win rate. For context this was backtested from Monday 18 November up to 27 November 2024(which is a total of 8 trading days), and using a strict 1:1 RR, I have won 6 out of those days and lost 1, 1 day was a no trade day. More backtesting to follow and update. Like this comment to give me a reminder for an update.
Whoow, thanks for your contribution. I have modified the strategy a little and I have great results. Backtesting it gives 18 trades a on 30 calenderdays. With a win rate of 88.89%. That is 16 out of 18 trades on TSLA 1-minute candles and with cfd's. Thank you once again.
@@sohaib07 As soon as I started live trading, I had a lot of days (8) without a trade. Finally when a possibility to trade opened, I got a losing trade. I stopped trading TSLA.
I love this strategy. Tried it today and it worked for me. Will try to follow through the next few days too. Would LOVE more videos on this particular strategy and it would be great if you go over many different trading day scenarios. A deep dive into this particular strategy would be amazing! For example, what would make a day a non-trading day when you look at the chart as it's unfolding? Etc.
I manifested $4250 and $500 in one week without working for it. I did it once. Just once. lol. I wanna do it everyday. My investments portfolios are Bitcoin, Eth.
As a beginner investor, it's essential for you to have a mentor to keep you accountable. Gillian Sara sheeran is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Same here all thanks to Gillian Sara sheeran, she has always been there to guide me through with detailed analysis and recommendations that I wouldn't have access to otherwise.
Well explained. Thanks for bringing up the video. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject.
Most people think, investing in crypto is all about buying coins and leaving it to rise, come on it takes much analysis to be a successful crypto trader.
Trading without professional guide...Huh I laugh you, because you will remain where you are or even make huge losses that will stop you from trading, this has been one of the biggest problem to new traders
You're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me. Who is your mentor please. how can i reach her i really need help in this bear market now?
J thanks for the video, you explain the details very clear, however there is something missing. What are you trading with ? stocks ? options ? futures ? For a 200$ stock to trade you'd need 20K$ (for 100 stocks) or you can use less stocks. To gain 500$ you'd need the stock to move 2.5%. For ATM (50delta) options you'd gain/loose approx. 50$ for every 1$ move of the underline. To gain 500$, assuming 2.5% move of the stock, you'd need 4 options to trade with. How do you exactly open and close the position when Target or Stop-loss prices are touched by the underline ? Please share a real trade recording. Thanks
He trades options live every day in the discord with hundreds of people watching. AAPL yesterday 10/9 was a perfect example of this strategy. At 9:45 am 226 calls were $2.47 if you held until 2:30pm they were worth $5.10 more than double. To make $500 yesterday you'd only need 2 contracts. Him and Tony usually buy like 20+ contracts so this is easily a four or five figure trade for them. They do this a few times a week but not this week because they are both on vacation. They also do a daily gameplan and on weekends post a weekly plan as well as post recorded trade reviews of every single trade they take for members to watch so I doubt he'll put it here for free.
Just came across this video and decided to put the strategy to the test. I chose TSLA because I already had a previous position and it opened down this morning. The strategy actually paid off for a nice 988.00 profit. I will add this to my regular strategies. Thanks Jdub
What a great explanation of this simple strategy. I have a question of PD HI and PD Low. what do you do when prices of NY Open at 9:30 am is above PD Hi or below the PD Low?
bro! Sorry I couldn't come anymore in our daily market prep, as I have come back into the office and it sucks because the timing is where you live, and I'm still in the office that I don't like to work with. but anyways I'm still thankful for all the efforts you and Tony have given us. I'm looking forward to joining again as always!!!
so here is a thought: Taking partials at 1.5R is and letting the rest ride to 3r diminishes your RR to less than 2r . even 2 r is better than that while reducing your risk. even if you tp at 2 r and the rest at 3 its still less than the total of 3r splitting your RR diminishes gains. The risk goes up and u make less $ in the long run so I suppose my question is why take partials and why not just go for a sold 2 r or 3 r. the only way taking partials would make sense is if u took 75% off at 3r and .25 at 4 r or above that's at least a 3.25R . assuming you move stop to BE even if u do BE u at least get 2.25R which is pretty solid. unless the Wr is really high even so I don't understand the logic behind it. AM I missing something? Thanks for the vid
You say 1 minute or 5 minute candle but which one should I choose better? If I choose 5 minute candle, is the entire operation below in the same time frame? Thanks.
I think all you need is an expert assigned by a brokerage company that will trade for you and handle your capital professionally and give you weekly returns of investment without any extra fees attached..🎉🎉
Great video man, thanks a lot. i saw in your previous videos using the same strategy but in TF 5mins, now i see it using TF 1 minute, any differencen any pro or cons using 1 minute instead of 5 minutes??? thanks
I personally use the 1 minute opening range if I have an opening play. If there is no opening play I will use the opening range on the 5 minute timeframe.
JDub... You are awesome 👌 simple, brief, precise and easy to understand. Cheers and keep it up. I long to meet you some day face to face for a handshake 🤝
Great video. I don't understand why you didn't see confirmation on the day 1 trade (that would have stopped you out before finally hitting the target).
Hey Jack, great video. So for determining previous day high and low you “only” use the NY Session high and low? You don’t use the daily candle which includes Asia and London session? Thanks
Hi Dude, what about indeces? Why stocks to trade this way..? Does it make more sense to you to trade individual stock this way? And if NFP or high impact news coming, with opening market, how will you react on that..?
Hi Jdub, thank you for sharing. In your video, you demonstrate how to trade, when the opening candle is inside last day trading range, but what if the opening candle is in the top or in the bottom of last day trading range or if premarked has push it above or below entirely. How should the trading be in that case?
Would be cool if you could do a video about why a day is a no-trade day. For example, today 12/6 the stock market is at an all time high, but to use this method of waiting for a retest, it would be a no-trade day. Curious for your thoughts on why it's a no trade day.
I backtested this strategy with my own little touch, and I am shocked at the win rate.
For context this was backtested from Monday 18 November up to 27 November 2024(which is a total of 8 trading days), and using a strict 1:1 RR, I have won 6 out of those days and lost 1, 1 day was a no trade day.
More backtesting to follow and update. Like this comment to give me a reminder for an update.
update please :)
update pls
Update please
What instrument have you traded using this strategy? Nice results .)
Clown . All cherry picked
Clear, concise, easy to follow. Making this strategy part of my trading. Thank you.
Your Explanation is far better than other youtubers Please make more video' s of this kind of content
Whoow, thanks for your contribution. I have modified the strategy a little and I have great results. Backtesting it gives 18 trades a
on 30 calenderdays. With a win rate of 88.89%. That is 16 out of 18 trades on TSLA 1-minute candles and with cfd's. Thank you once again.
Hi! What CFD’s did you test with this strategy? Thank you in advance
@@Daniel-l6p1f I have tested TSLA (Tesla) cfd's.
Care to share your strategy?
@@sohaib07 As soon as I started live trading, I had a lot of days (8) without a trade. Finally when a possibility to trade opened, I got a losing trade. I stopped trading TSLA.
I love this strategy. Tried it today and it worked for me. Will try to follow through the next few days too. Would LOVE more videos on this particular strategy and it would be great if you go over many different trading day scenarios. A deep dive into this particular strategy would be amazing! For example, what would make a day a non-trading day when you look at the chart as it's unfolding? Etc.
How did it go?
The best day trade video on RUclips I can see thanks man 🎉
I manifested $4250 and $500 in one week without working for it. I did it once. Just once. lol. I wanna do it everyday.
My investments portfolios are Bitcoin, Eth.
Investing and trading now will be the wisest thing to do especially with the current economic fluctuation and inflations.
That's awesome!!! I know nothing about investment and I'm keen on getting started. What are your strategies?
As a beginner investor, it's essential for you to have a mentor to keep you accountable. Gillian Sara sheeran is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Same here all thanks to Gillian Sara sheeran, she has always been there to guide me through with detailed analysis and recommendations that I wouldn't have access to otherwise.
She's considered a key Crypto Strategist with one of the best copy Trading Portfolios and also very active in the cryptocurrency space.
Well explained. Thanks for bringing up the video. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject.
Trading in Bitcoin now is the wisest thing to do now especially beginner....
Most people think, investing in crypto is all about buying coins and leaving it to rise, come on it takes much analysis to be a successful crypto trader.
Trading without professional guide...Huh I laugh you, because you will remain where you are or even make huge losses that will stop you from trading, this has been one of the biggest problem to new traders
Honestly I really need help learning to trade. Seeing my portfolio low makes me very sad.
You're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me. Who is your mentor please. how can i reach her i really need help in this bear market now?
J thanks for the video, you explain the details very clear, however there is something missing.
What are you trading with ? stocks ? options ? futures ?
For a 200$ stock to trade you'd need 20K$ (for 100 stocks) or you can use less stocks. To gain 500$ you'd need the stock to move 2.5%.
For ATM (50delta) options you'd gain/loose approx. 50$ for every 1$ move of the underline. To gain 500$, assuming 2.5% move of the stock, you'd need 4 options to trade with.
How do you exactly open and close the position when Target or Stop-loss prices are touched by the underline ?
Please share a real trade recording.
Thanks
He trades options live every day in the discord with hundreds of people watching. AAPL yesterday 10/9 was a perfect example of this strategy. At 9:45 am 226 calls were $2.47 if you held until 2:30pm they were worth $5.10 more than double. To make $500 yesterday you'd only need 2 contracts. Him and Tony usually buy like 20+ contracts so this is easily a four or five figure trade for them. They do this a few times a week but not this week because they are both on vacation. They also do a daily gameplan and on weekends post a weekly plan as well as post recorded trade reviews of every single trade they take for members to watch so I doubt he'll put it here for free.
Very well strategized and explained. Thanks Jdub.
Strategy makes sense, you've earned a new subscriber, keep up the good work pls
Do you ignore after market highs and lows even if they exceed previous days highs and lows?
I love that you are a genius who just woke up from bed to give us the coolest trading knowledge in the world :D
I appreciate that!
I usually do call credit spreads, open at open and close within the first hour. Doesn't come without risk, but it's been doing well. Good stuff, bro.
Just came across this video and decided to put the strategy to the test. I chose TSLA because I already had a previous position and it opened down this morning. The strategy actually paid off for a nice 988.00 profit. I will add this to my regular strategies. Thanks Jdub
I’m glad it worked out!
Great video and info! Thanks!!🙂
For some reason this video made sense to me out of all the video I have watched from him
i love your videos! They break everything down in an easy to understand manner. Thank you!
What a great explanation of this simple strategy. I have a question of PD HI and PD Low. what do you do when prices of NY Open at 9:30 am is above PD Hi or below the PD Low?
How much drawdown? How much are you risking for those daily gains?
Nice streategy, can I use this on futures like ES or NQ?
I have the same question … I only trade NQ & ES
@@susanamarin7342I've been trying it out in NQ and I've seen that it has good results.
bro! Sorry I couldn't come anymore in our daily market prep, as I have come back into the office and it sucks because the timing is where you live, and I'm still in the office that I don't like to work with. but anyways I'm still thankful for all the efforts you and Tony have given us. I'm looking forward to joining again as always!!!
Another very weel explained stratedgy for Scalping the market. Thank You
Meilleur des stratégies que j’ai adopté simple et hyper efficaces merci 🙏🏻💪
Best strat with no fuss and to the point. Thanks for showing how to script plays out.
Enjoyed your videos Bro! I’ve studied your videos…one question? Would a 1 min break and retest be the same as a 5 min break without a retest…?
so here is a thought: Taking partials at 1.5R is and letting the rest ride to 3r diminishes your RR to less than 2r . even 2 r is better than that while reducing your risk. even if you tp at 2 r and the rest at 3 its still less than the total of 3r splitting your RR diminishes gains. The risk goes up and u make less $ in the long run so I suppose my question is why take partials and why not just go for a sold 2 r or 3 r. the only way taking partials would make sense is if u took 75% off at 3r and .25 at 4 r or above that's at least a 3.25R . assuming you move stop to BE even if u do BE u at least get 2.25R which is pretty solid. unless the Wr is really high even so I don't understand the logic behind it. AM I missing something? Thanks for the vid
based on what I heard it’s not a linear profit when playing with options
This is the first time i am with you thank you very much it seems very easy 🎉🎉
does this also work for crypto?
oNLY stock markets with an Opening Bell.
Good explanation of this strategy. I am brand new to trading. I'll give it a try.
What equivalent "opening" candle would you take on forex? If any..
great content as always
Great and easy strategy. Can be used with options? If that's so how do I set the stop value and which strike should I use?
I have the same question
Excellent strategy!
This is brilliant. Thank you so much.
Such a great demonstration of a viable srategy!
Thanks for this lesson!
Subscribing.
KO this morning on the 1 min. Entry at 9:39 candle. Did it on SPY as well. 🔥🤘🤘
You say 1 minute or 5 minute candle but which one should I choose better? If I choose 5 minute candle, is the entire operation below in the same time frame? Thanks.
I hold thousands of XRP, but I'm feeling stuck! What’s the best way to turn a profit in the market?
I think all you need is an expert assigned by a brokerage company that will trade for you and handle your capital professionally and give you weekly returns of investment without any extra fees attached..🎉🎉
Thomas Lucia is really great when it comes to trading & optimal returns. his professionalism is unquestionable
Please educate me, I've come across this before. How can I get to him please?
He's mostly on Telegrams, using the user name..
CryptospaceLLC ✅
Thanks for the video. Does it work with forex pairs . If so which ones can do best with this strategy
The forex daily candle start at 10 pm london time do i font know how
Hi Jack
When you have thesis or bias you use 1 min ORB otherwise 5 min ORB?
Thank you
Wow this is exactly what my friend uses
Im also backtesting this myself
Thanks
What are the chances of you being able to explain to me how do you do back testing I use Trading View
Awesome.
A quick question: We have to ignore London session and wait till the opening of the NY session?
yes
@@ahmedmohamed-yp6un Thank you.
Can i apply this on FOREX pairs like GBPUSD, etc?
Well explained
Great technical analysis! Very informative video!
What platform is this?
Bro, thx for sharing very informative trading strategy. Ho0e this will help me recover mu losses... you genius bro... best wishes always ❤
Excellent video. Super helpful!!
That looks good. It works only in TSLA or it's useable in NASDAQ too?
What platform are you trading on
Hi awesome video! Can you share what broker you use?
Is this good for the London Session?
What charts does this work for?
I trade BTC and this didnt work
Sheesh! Really amazing strategy, question bro, this strategy will work in any pairs ? Im currently doin forex-
Im a biggener actually.
supreme, what a Great scalping Strategy, Jdub Trades Daniel x
Great video man, thanks a lot. i saw in your previous videos using the same strategy but in TF 5mins, now i see it using TF 1 minute, any differencen any pro or cons using 1 minute instead of 5 minutes??? thanks
You can use the 1 min 5 min or 15 min. You have to backtest for each ticker and see what works best.
I personally use the 1 minute opening range if I have an opening play. If there is no opening play I will use the opening range on the 5 minute timeframe.
What do you mean with openingplay?
@@JdubTradeswow this looks really interesting , thank you for posting. One question , what do you mean by “ opening play”
@@Shredder22044 the market close for the weekend, monday opens again at 9:30 the opening day
Are you trading regular stocks?or futures?
and what trading platform you using?thanks
Thanks buddy, I will back test this week and get back on the results
JDub... You are awesome 👌 simple, brief, precise and easy to understand. Cheers and keep it up. I long to meet you some day face to face for a handshake 🤝
Good job bro. This may not work for everything stop asking DAQ and back test the strategy with what you trade. Thanks again JDUB :)
Does this apply to other sessions as well? Maybe asia or london?
The GOAT
Thanks Jdub! 🔥
You take the 1 min or 5 min at 9:30am - but what time zone are you in? Market opens at 9:30am EST, correct? So I am assuming you are in EST?
great little video, but which opening range do you use for day trafes .. . . the one minute or the five minute
Thanks you are a good teacher❤
Does it only work in the first hour or can you use this strategy all day long?
Apart from TSLA,SPY what other currency pairs does this strategy work. Thanks for sharing your knowledge 🙏
it works with everything. and you don't just trade it. you trade options or futures.
@@joec.5009it cant work either forex because daily candle start at 10 pm London time
Man I wish I had found out abt your YT chanel sonner, great video content
Will this strategy work on futures?
Thanks! Can you tell me where or why you see the confirmation in the Day 2?
Yo jdubs no more morning pre market??
Pre Market Preps will be back next week!
thank you sir witch is the indicator do you use in this video
what platform do you use?
I know someone who can help you Expert Naomi
There is her line!!!! Under this comment!!!!
Combine the DIGITS
Plus 1
97
8704
Which indicator do you use to see the sessions on the chart?
Would this work on NAS?
Im a new subscriber, please can you let me know what brooker r u using?
Great video. I don't understand why you didn't see confirmation on the day 1 trade (that would have stopped you out before finally hitting the target).
Does it work for crypto?
Hola funciona en futuros en el NQ100? Gracias.
La he estado probando, y sí funciona bien, pero no es meter las operaciones por que rompió el rango, usando acción del precio da mejor winrate
Hey Jack, great video. So for determining previous day high and low you “only” use the NY Session high and low? You don’t use the daily candle which includes Asia and London session? Thanks
how much money was invested for that?
Can you make a video explaining how to use the option chain and how to use while trading live
Does this work for forex too?
Does this work on futures? The open on NQ is very volitile
Hi, I’m assuming that this works equally well for Crypto? Or is Crypto too volatile?
Would it work on Futures? (ES or NQ)
5:35 I see a broadening formation there and would have shorted near the yellow top.
Hello thank you very much for your video. You really help me to understand how to make an entry of M1 trade. thanks
Hi Dude, what about indeces? Why stocks to trade this way..? Does it make more sense to you to trade individual stock this way? And if NFP or high impact news coming, with opening market, how will you react on that..?
Indices daily candle start at 10 pm London time
What makes you choose between the 1-5m range?
its working only on stocks?
Hi Jdub, thank you for sharing. In your video, you demonstrate how to trade, when the opening candle is inside last day trading range, but what if the opening candle is in the top or in the bottom of last day trading range or if premarked has push it above or below entirely. How should the trading be in that case?
Indacotor name ? So which indicator for market sessions
can i apply this to crypto trading?
Would be cool if you could do a video about why a day is a no-trade day. For example, today 12/6 the stock market is at an all time high, but to use this method of waiting for a retest, it would be a no-trade day. Curious for your thoughts on why it's a no trade day.
Hi, what if the prices are below the previous day high or low?
What was the time to start in indian
Do you enter the positions buying or shorting shares or call and put options?
You mention you trade the 1 min and 5 min chart. What would make you trade the 5 over the 1 minute or vice versa?