This Trading Strategy is Likely Unbeatable
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- Опубликовано: 7 дек 2023
- This Forex Trading Strategy is Likely Unbeatable.
It's true.
This week starts off with a monster trade, and I got all of it - perfectly, from the start to the finish - pip-perfect.
We are insanely accurate with our trading strategy.
Here are some timestamps to help you:
00:01 - Intro
00:45 - FTR Trading Rules
03:33 - Top Down Analysis
06:04 - How to look at market structure
14:42 - Start backtesting with me
15:03 - First two trades
22:51 - Trade 1 Identified
23:40 - Trade 2 Identified
25:42 - Trade 3 Identified
30:00 - Trade 4 Identified
32:07 - Trade 5 Identified
36:02 - Trade 6 Identified
38:18 - Trade 7 Identified
43:16 - Trade 8 Identified
45:51 - Trade 9 Identified
55:53 - Trade 10 Identified
59:53 - The insane accuracy of this trading strategy
59:59 - Trade 11 Identified
📲 JOIN MY DISCORD TRADING COMMUNITY - FTR TRADING 📲
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📈 CHART SOFTWARE 📈
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💡 VIDEOS TO HELP 💡
How to use the Inside Bar: • Inside Bar Trading Str...
Full Order Block Strategy 151% trading AUDJPY: • BACKTESTING ORDER BLOC...
📽️ PREFER A PLAYLIST? 📽️
EURUSD Trading Strategy: • Order Block Trading St...
💵 FUNDING 💵
THIS IS WHERE I GAIN LARGER CAPITAL FROM (Trade up to $400k/£280k):
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*PLEASE NOTE*: There are a lot of people imitating my account - there is only one of me: @RealPaulMagee
DISCLAIMER
I am not a registered financial adviser and hold no formal qualifications to give financial advice. Everything that is provided in this video is purely for educational purposes only. All information here should be independently verified, researched, and confirmed.
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex Market, you should carefully consider your investment objectives, level of experience, and appetite for risk. Most importantly, do not invest money you cannot afford to lose.
Last week was probably the best for me performance wise, and mental wise. It was so good to learn from mistakes, and winners and see the others in the group learning as well. Overwhelmed with emotion when our ideas played out. If only I could give all of yall high fives when this happens! 🖐😆
You're on fire Kelly! Keep it up mate 🔥
Hi Paul. I wrote you email, please take a look at this. And I also want to ask if you have a trial for a week to FTR? Thank you, kind regards Daniel.@@TradeForexwithPaul
Ah no worries mate will do
Hi! Can you tell my how can I find that Inside Bar?
@@GeorgeSovarosiuse the inside bar indicator,,make it a completely different colour candle to what you have regarding bullish n bearish candles
Thanks Paul for another great demonstration! What helps me as a newbie is to see what it means to have confidence in your strategy and to stick with it. If you would have missed out on your first 20R trade at the start of the week and then would have four or five losses in a row or missed out on good entries, it can get very demoralising. The thing to remember is that over the long run, the high R:R of (1:4+) will keep you in positive territory. You just need to keep going and look back at the end of the week. 🙂
👍Thanks, the HTF Analysis here is very clear and useful -- and would make a strong routine for Sunday evening to begin the subsequent trading week👍
Absolutely. Thank you :)
Thanks for taking this last week as your example. All the context is still fresh and clear in our minds.👍
Nice! You're welcome mate
Great video again Paul, Thanks!
Thank you!
I was wondering where have u been, till I get notif ur video is up. Yippie. I love aaall the weekly backtesting video.
If u don't mind Paul, just suggestion from fans 😁, if it's possible to classify ur OB into some rates like ABC?
I still don't get some inside bar inside OB u said strong, other is not strong or being ignored?
And for some losses, can u pls comment, why this one goes into FVG (passed ur OB mark, became SL), or u just ignored the losses as long as ur winning is more than losses? We need to go deep into ur mind haha.
One more, about mitigated or not, rule is u still mark even is balanced already, if the price hasnt come yet to 75% OB. Cmiw pls 😬
Thanks so much for all u dooo
Thank you for another superb video. Took some similar trades (in demo) but didn't have the nerve to hold to the weekly POI. I'm looking forward to joining you in the new year 😊
Youre on fire! Learning well 🔥🙌
@@TradeForexwithPaulHi Paul, great to have you back 🤩 I'm now ready to join your FTR group as mentioned above. However, I'm a little frustrated that the price has gone up by about 40%. Would it be possible to still join your group at the 'old' price PLEASE??? I look forward to hearing from you and hopefully you'll be able to help xxx
I came across your channel over a week now and I have watched almost all your videos, am university dropout because I had no money to pay for my final year exam. I wanted to join your group but it was my 8months earning here in Nigeria. But am advising everyone that will be reading this, if you have the opportunity to join this legend please don’t misuse it. It’s a privilege to be in his discord group with what am seeing here. If only I can just be in his discord group, I will be one of his biggest student out of Africa. You’re the only mentor I have now. I will try my best to meet you one day and thank you for this videos once I make it using this your style. Thank you so much sir 🙏
I just started to implement you strat and I really was struggling to get funded. Well I saw you videos last week, backtested on the weekend and implemented it on this week, and guess what I´m funded. Thx a lot for this videos you do, I really hope you continue help people. I even got to compare my trades that I took with the one you show here to see if my logic is following yours. Keep it up!
no way, that fast? Congrats
excellent work mate - congratulations!
Thank you, for your work in showing that this is possible!!! Hope to see your next video to continue improve and compare my understanding of the market with what you see in the market.@@TradeForexwithPaul
So good to read man. Has made my evening for sure
Hey Paul, if it's possible make a video about how your identifying order blocks and which your are choosing. By the way awesome video again keep rocking 😎
Yes mate, I think I have one or two on youtube. there's a few in discord
I really appreciate your hard work and I think I will learn something from your strategy and funded account as well😀😀thanks again and keep going
Thank you so much. Keep grafting mate
Will you be continuing to do these videos into the new year Paul, they are hugely helpful?
Another great video.
It would be good ( as a learner ) to see it being done on an index if that's valid!!
The down side for me is the monthly cost is more than I can comfortably afford.
The strategy looks amazing, I'm still not with it though as my backrests end in break even or negative.
Keep up the good work.
Thank you - be careful trading this type of thing on indexes - they are a completely different beast. they shouldn't be traded in my eyes
Bro this strategy is the best. I been using this strategy for awhile. I average about 12-20% a week. 15m trades to Daily/weekly target works best. I don’t use choch or bos and it works just fine. If the 15m has ridiculous wicks then go onto the 5min and do the same. Our entry models are different though.
Great video again. This shows again what statistics can proof.
Hell yeah! 👊
Hello Paul! Another fantastic video, thank you! I've started to understand that something was wrong with my market structure mark-ups. By the way, how many candles do you consider to mark the structure as a CHOCH? For example, on 55:09 you show H4 chart. It is December 7th. There is a counter trend inside bar then downward candle and then an upward candle. You don't mark one opposite colour candle as a CHOCH?
I hope I explained it clear 🤣
I think so. It only has to be one
Hey paul thanks for these backtesting videos!! I've been going through them and comparing my results to yours its been very beneficial. Quick question if there is no red news event over the weekend is it generally ok to hold your trades through till next? Do you hold over the weekend if that is the case?
Thank you. Good question. I prefer to close over the weekend. We don't see it often but sometimes the weekend can gap and it can absolutely blow your account
Interesting stuff...very similar to how I trade on the 1m, so tighter stops, which are also harder and more stressful. Something I think you did touch on is that you were holding a large position for a long time - several days. Psychologically most people cannot do this. Especially with the subsequent losses. Interesting you don't like dojis, I do in some circumstances. Trading into wicks will get people burnt more often that not...do you have rules for when you do this? I do like the simplicity of this style.
thank you very much Paul...it worth to trade with you and it worth learn it from you...what you are showing beats all what is in You Tube strategies by those who calls themselves " Strategy Gurus ".
Love it brother. I eat them for breakfast
Hey Paul, ty for the video. Hopefully you can clear my doubt: am I correct to assume that you guys don't necessarily only trade inside H4 zones, and often just use them as a target, while getting in at 15m orderblocks in the direction of the most recent 4h BoS or CHoC, preferably with the trend, and minimun 1:4 R:R? I want to start backtesting this, but gotta make sure I'm getting these details right. Thanks again
Spot on mate
Great video as always! quick question... I have the Weekly as being "up (CHoC)" because of the high of the candle being broke from Aug 28th. That candle had a HH and HL so I counted it as a pullback. Am I missing something on that? Thanks for all the great content you put out!
You've probably got it right. Not looking at it rn, but if choch has happened on just one candle (quite rare) - unless it's a body break and a clear reversal looking on the chart, use the candle as a new range and just wait until price breaks out to give you another signal to be a little more certain
Awesome video
Thank you
Hi Paul. Great video as usual. I trade only ES future. Does the FTR group trade also ES, or only Eur/? Thanks
Thank you mate. I would assume so. Works on everything I've tried it with so far
Hi Paul thanks for the video . God bless you
You're welcome mate
A cool indicator that could help is the ICT HTF candles by FADI, You can select the 4HR HTF candles to display on the right of your chart. So when you are on the 15 min, you have the 4hr visible and you can select as many candles of the 4hr you like. The highs and lows of the 4HR candles are exact to your chart, so at anytime when you are on the 15, you have access to the 4hr right next to you... just a though, I find it helps :)
Super job mate, thank you - so much more handy than jumping back and forth
This indicator is probably the best I've come by. It also marks out fvg. Thank you for sharing.
Hey man, what is it you use for TV to identify inside bars and turn them orange? Nifty little tool. If that’s what it is. Seems it anyway
Inside bar IND/ALERT
would this work just as well entering on the 5minute and using the 1hour for htf ? or is it better suited for the 15min/4hour i find it very similar what do you think old chap?
Yes! 5m and 1H work very well
Hi Paul.
Would it be fair to say if you were marking up HTF zones on say the W1, and taking entries from the H4 then trading more pairs would be the way to go? I've watched a lot of your content over the recent week and I am a pretty experienced trader and just trying to determine whether the H4 entries will be better for me, as I dont think id have many days where I can sit and watch M15 charts all day?
Tried Evolution Markets and I found that no use due to the screen time it involved.
Many thanks mate.
Scott.
Hey mate. If you want to swing just use the W1 with H4 as I use thr H4 with the m15. You can use more pairs and probably check the charts every 12 hours on the build up to an entry
Great. Is there a section of traders in the Discord that trade this way? And on that note, are there spaces in the server? Happy to send over an expression of interest as to why I would be suited to your style of trading and as to how I'd be an asset to the newer traders, if there's still a selection process? 👍🏼
Yes mate. Sorry for thr late reply. There's a swing trading section and a couple of people use it. I rarely do but it's all the same
Thanks for your effort. How do your results look in live? Hindsight is always a bit misleading…
Thank you! Decent. This week 10.2% risking 0.5% per trade so I pulled about 21R out. This however doesn't matter as the strategy provides - its then down to the trader to take advantage of it
@@TradeForexwithPaulIf you ever want more followers or whatever, you should do those "1k-10k challenge" etc with this strategy risking 5% per trade. They usually do 5-10% risk per trade. And the amount of engagement those posts get on Twitter..👌🏻
Not a bad idea. I'll risk 5% on a personal account no issues. Do want to do an account flip soon
@@TradeForexwithPaul Nice. Pls do. They are very satisfying to watch
You have been profitable almost every week? That is insane. Really appreciate sharing you strategy here. Do you get regular payouts from prop firms? Because if your strategy works like you said you must have a huge bankroll at those firms already with big payouts. Will give your strategy a serious try.
Almost! I miss a lot due to being FT dad during the week but most weeks I am up
Great vid, can i ask which inside bar indicator that is please?
Inside bar ind/alert
Hey @TradeForexwithPaul , congrats on your results and on these videos teaching this great strategy! I'm using say 80% this same strategy, only slightly tweaked here and there. My suggestion for you and the viewers, if you'll take it, is trading with the concept of inducement pullback in mind. This will help avoid some loses like the one at 30:10 in this week's video. Cheers! 😄
Is that figure you quoted at the end 29.63R the trades that you hit in the market this last week?
Very close to it. I pulled 10.22% at 0.5 (ish) % risk per trade so 20.5R back. Missed a winner and took an extra loss but very pleased with this week 💪
Hi Paul, is your group suitable for traders who are not new, but new to ICT/SMC, supply & demand, order blocks, etc. Thanks
Yes mate - just have to unlearn most of the bollocks you learnt from SMC/ICT
just a question. you open multiple positions and lets say you had a bad week and market goes againts you since tp is too far multiple sl will be hit without hitting tp's..? i think this strat is risky for a prop account..
It can be. It's about how you manage your risk. lets say that you are only comfortable risking 1% at a time. If you risk a full 1% on the first trade - you will miss out on the others... unless your scale in and use another 1%, but move your SL on the first trade to mitigate a pullback and keep yourself at a maximum of 1% loss.
Hard to do on multiple trades - I did it on this week, but it is doable. Took 21% of the total 29% available so not too bad.
However - get a private investor like me and bypass the need for prop firms, or grow the personal. Good comment for sure - I do agree with the risk being heavy, but only if you're not wise with how you manage it
@@TradeForexwithPaul thank you gor the reply.. now it made sense..
Hey Paul, what pair do you recommend to trade in crypto?
Any, just make sure your spreads are good
This is precisely what Nick Shawn teaches. This strat works, but it takes time to trust the process.
Solid mindset 👏
No. Its completely different to nicks strategy. Not sure how long you have been in trading, but this statement is simply wrong.
@@mikecreativision Now there are 2 opinions to consider.
@@DavidAlanReece Show me a video where shawn has ever used BOS and Choch and you have kind of an argument. He is trading stupidly support resistance. And he is doing well. He has never traded an order block.
actually...no..Nick never uses OB's. If you asked him about using an OB for an entry he would refer you the Wagyu Beef fibo fair value gap silver bullet marti gird entry system he has.
Nick trades HTF zones that have been respected in the past and are likely to be respected again, either in rejection or break and retest. Thats it. He watches for fake outs, and stop hunts and likes confirmation of commitment in LTF like engulfing bars and wick rejection before entering.
And hes a multi millionaire doing it. What Nick and Paul have in common is the development of a solid mindset and belief in the strat traded.
in the discord do you share setups? like signals
we do - well ahead of time... but we're not a signal service
Paul, mate , I'm looking at joining yr discord group,, not forever , but ye I'm looking at joining,,your you tube vids offer great value,,how does joining discord offer more?, what I'm trying to say is what is missing in the videos you post? Thanks again for weekly back test mate,,it's greatly appreciated
Thank you mate. I'll probably do a video on what happens in discord but basically its a step by step guide on how the strategy works, trading floors- this strategy only. No SMC or ICT garbage allowed. We call out trades in advance, lots of group calls and just a really good environment to stop trading being lonely. Its up to you mate - RUclips should provide enough to learn from, it's just psychology during the week where discord helps
@@TradeForexwithPaul I joined the group mate, I'm known as Tez, your selling yourself short on the discord,,there's heaps in there that ain't on YT,, I'm currently going thru the learning modules which are fantastic,,I'm in Australia so hopefully timezones allow me to watch some zoom calls,
when will you launch new video sir tell me sir?
so you have a high RR ratio to compensate the low win rate . Interesting .
Defo the way forward
can i learn this within a month as a beginner if i join your discord
No - if will take longer
how much did you actually get from this 30%?
21
@@TradeForexwithPaul 😶😶😶😶😶 you're literally hacking the market.
Won't be long until I firmly claim my place 👊🔥📈
👍Interesting: your 1.45 pm post NFP trade on Friday worked out logically on EUR/USD (at least, it went down 0.30%) 👍but the DOW/SNP climbed up & up after the initial data-wick down, -- despite rising yields, stronger Dollar and more space for the FOMC not to cut rates. Are currency pairs less distorted by pumpers than are stocks?
I have no idea. I just trade what the chart shows me. I dont think I've actually checked the result of red news for the past 2 years
@@TradeForexwithPaul 👍Thanks Paul for replying, for being candid and for providing the pro's tip for free.👍(I'm now trying the 'deaf' method with the no-news NZ/CAD pair on my demo account, to see if I do better.)
@6:49 it rebalanced that volume imbalance
Thats right mate, nice
42:55 i did not understand that part
There was so much liquidity above and it wasn't an aggressive push upwards making it high risk. Especially as there was an OB directly above it
❤
Which is ur fav strategy out of all?
This one
So complicated Paul bro
Looking interested but too much difficult
Its just how the market works mate. Graft at it and it'll click soon 💪
@@TradeForexwithPaul ohk boss
I have a one question
I start trading from 100 dollar and I did 200 dollar in one month and I withdrew 70 dollar so this is right approach or not?
I dont know. We risk up to about 5% per trade using this strategy. Its possible to flip accounts for sure but we try to minimise account blow outs. Trading shouldn't be treated as gambling. Its a skill for life
@@souravpareek8855 which stragegy you use bro