This is for the folks not understanding what strong displacement means....the candle needs to be convincing in the direction. Its gonna be different depending what you see. You keep waiting for 100% strategies...youll be on the sidelines until you die.
It took me over three years to discover that forecasting the market based on charts is pointless; you never know what will happen.I have a little over 250k i wanted to put in the markets but I don’t know what direction to head now. Any guidance in this regard would be much valued.
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
Reason i decided to work closely with a brokerage adviser ever since the market got really tense and the pressure became too much. I should be retiring in 17 months, so I've had a brokerage adviser guide me through the chaos. It's been 9 months now, and I've made approximately 650K net from all of my holdings.
This is definitely worth considering! Do you have any recommendations for professionals or advisors I could speak with? I really need help with proper portfolio allocation.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Judith B Richards” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look her up.
Thanks for sharing. i searched her full name and found her web instantly. After reviewing her credentials and conducting due diligence, i reached out to her.
I usually look up your videos for updates! Our government has no idea how people are suffering these days. I feel for people with disabilities not getting the help they deserve. Thank you Ms Rachael Campbell, imagine investing $12,000 and received $305,500.
Ms Rachael Campbell was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Rachael Campbell
YES!!! That's exactly her name (Rachael Campbell) so many people have recommended highly about her and am just starting with her from Brisbane Australia🇦🇺
She is my family's personal broker and also a personal broker in many families I'm United State, she's a licensed broker and a FINRA AGENT in United states
I will be forever be Liable to you, you have Transformed my entire life and I continue to preach on your behalf for the whole world to hear that with just a little investment you saved me from going into huge financial crisis. Thank you Angie Chen Owens
In so many other video's that first five minutes of the market are a scary place for so many other traders. You made something useful out of it. I will use this first thing tomorrow morning.
I always say it time to time that as a trader we must surely take advantages of every market we find ourselves. And at the moment trust me when i say bitcoin day trading is at its peak now. Coach James Whisman Wes has been of great important in the crypto world with his accurate predictions. 5 stars!!⭐⭐⭐⭐⭐
This is really insightful! It’s great to hear about the success you've had with Coach James Whisman’ guidance. I’ve been looking to start myself and would love to learn more about his approach. Where can I find him, and is there a particular way to get started?
I don't even know where the stock market is headed to right now. my portfolio of around 200k is not increasing more than 5% and people are predicting a crash
I agree, investing with the help of an advisor set me up for life with about $1.6m currently in stock portfolio. I max out my 401k and have few properties. I worked hard as a language tutor for 25 yrs and my salary was over 80k annually. it all boils down to consistent regular investing to minimize risks and maximize growth.
Jdub, it’s an honest effort on your part, but this strategy doesn’t work consistently because it’s based on a false premise. That is, once your initial 5 minute range is established and retested, that this retest will have a propensity to move in whichever direction it breaks, with a 2/1 (+/-) profit/loss ratio. A more thorough back test will show that, in fact, the propensity for a move in the breaking direction is basically a coin toss with many factors that could cause this trade to move against you. This is not to say that this wouldn’t be a winning strategy during a given week or month. But over time it will prove to be wrong as often as right. Sorry, I don’t intend to be a detractor, but I’ve modeled this and ran a years worth of data so I know it won’t work over time. Nevertheless, a thoughtful thesis.
I’ve been a strong advocate of trading too, as it has yielded significant returns since I first ventured into it. Over the past two years, my net worth has grown exponentially.
Herman Jonas, a licensed FA has undoubtedly helped me make so much progress. He has guided me to identify key stocks, (options and futures) for the short term and Roth IRA, index funds, cryptocurrency, and ETFs, for the long term pinpointed strategic entry points, and provided risk assessments, ensuring that my decisions align with market dynamics for optimal returns.
Do not forget that when it comes to the trading, prices can be erratic, rising and declining quickly, often in relation to companies' policies, which individual investors do not influence.
Wow - thank you very much for this strategy. I would say to add in resistance levels, and the 9 ema. Also, if you are on the 5 minute, check the 3 minute, (possibly the 2 minute, but I don't have access to that), maybe the 1 minute before making your entry.
Huh? It doesn't work for him either. Isn't it obvious? If it would, he'd be busy getting filthy rich and not making dumbass youtube videos about useless strategies.
@@cygnevara8400 same here! i always traded the break and retest but the ORB is a new way for me and im liking it, what ive done to really make it solid is mainly play the direction of the overall trend we are in , i feel more confident that way. so far its been great!
Thanks a lot for this awesome setup! I just backtested across 7 days (ES futures 5 min chart)and had 4 winning days (2 to 1) , 2 losses and 1 no trade. Looking forward to do it live this week! Average risk was 300-500 based on the setup with 600-1000 profit target. I like this especially because I’ve either been destroyed trading at the open or avoiding it altogether. I did not trail and let the trades run their course.
this video is the real game changer...My ORB strategy failed as I never waited for the retest. after watching this video my ORB strategy has been perfected!
when you’re picking the 2-1 risk/reward, does it matter what amount you choose or is it just what you’re comfortable with? i genuinely appreciate your videos thank you
Thank You for this video ! What constitutes a "strong displacement" ? how far out of the range or for how much time out of the range creates that ? thanks
Solid strategy. I really like this approach. Are you using this on individual stocks or indices or does it matter? You also mentioned you’re looking at the first candle at open to set your highs and lows I want to make sure I’m looking at the right time, can you confirm for me? I’m on EST
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist.
The issue is most people have the 'I will do it myself' mentality but are not skilled enough. Ideally, advisors are perfect reps for investing jobs, and in my first-hand experience, my portfolio has yielded over 350% since the COVID outbreak to date, summing up nearly $1m.
bro. profits today on this strategy. then went back and charted out other favorite stocks on the 5min, there were multiple trades to the upside and to the downside that retested the opening range. I dont wanna get overly excited but thank you for this video!!! 🔥🔥🔥
Absolutely, I tried the live casino the other night. It's like they've brought the whole casino experience to the screen. Did you have a favorite table
I dont even know where the stock market is headed to right now. my portfolio of around 200k is not increasing more than 5% and people are predicting a crash .
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
My CFA *Julianne Iwersen-Niemann* a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Thank you for saving me hours of back and forth investigation into the markets... I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
Investing in a stock may look straightforward, but choosing the right stock without a proven technique can be difficult. I've been attempting to grow my $210,000 portfolio for a while, but the largest impediment is a lack of defined entry and exit strategy. Any input on this matter would be highly appreciated.
The strategies are rigorous for the regular person. In fact, they are primarily executed successfully by professionals who possess a great deal of expertise and knowledge to carry out such trades effectively.
How can I participate in this? I sincerely aspire to establish a secure financlal future and i'm eager to participate. Who is the driving force behind your success?
You can wait for confirmation but that might equal less RR but higher winrate and if you don’t wait you will have lower winrate and larger RR. It’s all up to you.
What video should I watch first to start? Newbie and I took stuff like this in college but it’s been a minute. I subscribed because I feel this guys honest and not afraid to share his success.
When I see good videos like this I usually take out my time to appreciate the experts that make these videos possible, it is not easy to help lots of people earn money
Fantastic video! Your easy scalping strategy is not only simple but also highly effective. I appreciate how you break down each step clearly and make it accessible for beginners. The emphasis on avoiding bias and relying on mechanical rules is a game-changer. Keep up the great work!
It took me four years to discover that forecasting the market based on charts is pointless; you never know what will happen. Without a mentor, those four years were miserable. Now, I watch market trends and keep things basic and disciplined. I currently earn an average of $35k every week, despite the fact that I barely trade myself Thanks Rolando Diaz....
Well...I will advise you should stop trading on your own if you keep losing and start trading with an expert because trading with an expert is the best strategy for newbie...
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 him i really need help in this bear market now?
Thank you for the video. I have a question. What is considered a significant break below or above the highs and lows? percentage? dollar amount? 1 or 2candles?
Looks like it tends to be one particularly steep candle that as a result creates an imbalance (where the retracement into this touches the opening range). It’s like fair value gap logic applied to an opening range. Fair enough if it works though
I strongly recommend Expert Rosie as the most proficient trader I’ve worked alongside. She expertly manages my forex account and consistently delivers impressive profits.
She trades for me too. My first investment with Mrs Rosie gave me profit over $25,000 and ever since then I trade with her and it has been a good turn up
I’m newbie in trading and really having hard time to understand the market but after watched this and also been testing this strat for 5 days and yes it’s really working 😃 thank you so soooo muchhhhh❤
I just literally watched a video of a guy who just got a 150k funded account using this strategy and got clapped. He was waiting for the retest to bounce off of support and it just dumped all the way through and clapped him. That might work for some but not everyone. I’d be careful y’all. Still gave like, good content.
There is plenty of different break and retest setups. With the break and retest there is about 10-15 BnR setups. When trading the break and retest you can't just look for any break and retest. You have to be able to find high probability points of interest with multiple confluences.
Sounds like terrible risk management to me. There is no such thing as a perfect strategy so sounds like your guy didn't know his strategy at all. At least, not his risk management component of his strategy!
@@realistic7894 I think that’s its layers to trading. And I think videos like this doesn’t give full context of the dangers and how to minimize the risk.
@@JdubTrades how long do you wait for that pullback? also, buying anywhere in that opening range (or shorting) would be okj correct? the thesis is that the opening range is providing the direction for the day so a bounce to the upside and a pullback a few hrs later within that range can be bought as the theory is the day is still bullish if the initial break was to the upside correct?
Thanks for the great video. One point to clarify: it seems you entered the trade at the closer of the 5 min candle that had a touch back to the opening range, but not exactly at the high or low of the range ?
He traded in hindsight lol! His idea of 'strong displacement' was weaker when the video first starts and then he needed more movement later cause he saw it would be a losing trade. Then again towards the end, he accepted another displacement that was the even weaker than the earlier one he rejected . Watch the whole video again and pay attention to the second back test and then the last backtest.
I went over NQ and it doesn't seem all that great. Works maybe 50% chance at best and when it doesn't you'll end up taking a huge loss. It needs a lot of tweaking and knowing what days to pick to use this strategy and even then it might not be worth the hassle. There will be so many days the market just chops in the 1st 30 min and it'll hit your SL before your profit target. But then again, if it was so great there be no need to share it. He'll be making millions in the market. Market open is just too unpredicatable to come up with a great consistent strategy. You be better off just avoiding the 1st 30 minutes.
Great video, thanks! Two questions though… 1) What is “strong displacement”? It seems subjective. When you back test, you seem to ignore some breakouts but trade others. There should be a numerical rule. 2) Have you actually backtested a system enough times to make sure it’s a winner? That last example is actually a loss. Not a “less than 2x gain”. You can’t see the future when trading, so you can’t change the rules on the fly. That’s a stop out.
Great question @yiyoguerra. You can use a momentum filter on your highest timeframe to anticipate strong displacement. But it basically means a "break below close below" the opening range in this example :)
Hi, yiyoguerra. It's true that you can't see the future when trading, but you can change the rules on the fly if you design your system to do that. I recommend trading two systems simultaneously--one that trades strict, and one that trades with flexibility. Instead of using only one version of the system and giving it control of 1R of risk, use two versions of it with each one controlling 0.5R. You could also use three versions of the system giving each one control of 0.33R of risk. Your results over time will be much smoother that way--trust me. ;)
Jdub, thank you for this great video. Very helpful. My question is what is the difference between this strategy and the Opening Range Break? Is the only difference where you place the stop loss? Please explain when you get a chance. Thank you
Thank you brother! I appreciate this valuable information… I’ve been working for years killing myself to make someone else’s paradise instead of my own. It’s time to get off this modern day plantation and set myself free! Thank you again for providing us the tools that we need to free ourselves!
I use this strategy as well but on the opening 15 minute range instead. break and retest using using the 1 min time frame for entry. 60% win rate aiming for 100 pips with a 25-50 pip stop loss. a losing week of 2/5 with this strategy is is still Good because indexes for a fact gonna give you a 100 pip move straight in one direction at least 3 out of 5 days. I don't even stress about losses any more because a this strategy on a bad losing week can still be profitable with risk to reward ratio. and with this strategy you gonna be in one of those 100 pips moves at least 2-3 times out of 5 days
Most of these "strategies" are shown using perfect examples to give the allusion that they work. But in reality, you will lose more than you make listening to RUclips trading gurus. The market takes patience to learn. It's NOT for beginners. Period
So once you have identified your break and retest, whether it would be to the upside or downside, are you buying calls/puts based on the direction? If so then you placing a stop loss/profit taking indicator on your buy at double on the profit and half on the loss of what you paid? For example if you entered a call/put at 0.20 are you setting your profit taking at 0.40 and your stop loss at 0.10?
For the past six months, I've been trading Bitcoin independently but have been facing losses. Can anyone provide guidance on how to achieve profitability?
Great video thank you! My question is as follows. Once you identify displacement and price retest your entry zone, do you have a limit order already in place waiting to be tapped into the trade or are you manually executing the trade? Everything else was clear. I will test and give you feedback in our discord. 🙏👍
I will personally go on the 1 Minute timeframe and wait for a tap into the ORB Retest level. Since we trade with options it will be difficult to calculate the options price perfectly in a short period of time
Great video! I am wondering what a strong displacement is?? Would that be a close 30% past the low or high, or more? What do you consider strong? This will help clarify the way to know the signal is there?
Thank you for this video! Do you wait for a strong bullish or bearish candle at the retest level? or do you set to enter a limit order at the retest level, doesn’t matter how the candle formed there? I have a feeling if I wait for a confirmation candle, my stop loss would be too big. Thanks so much again!
Yes as I mentioned you can wait for confirmation which will result in higher Winrate but lower RR or you can buy as it touches that level which will result in lower winrate but higher RR
I like the concept and it works well as long as the breakout candle isn't news related and as long as there isn't some sort of big resistance area close by after the re-test like vwap or a key level.
Great video Jdubs! Thanks for sharing. For the 5 min ORB, do you enter on the 1 min chart or the 5 min chart? Also do you stop out when the 5min candle closes at your stop or the 1min candle? Thank you!
If you are on the 5 Min chart you can go on the 1 minute for precise entries but after that you want to manage you trad on the 5 minute timeframe. Only reason to be on the 1 minute timeframe is for more precision.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Nicole Miller.
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.
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?
@@JdubTrades If there is a news release expected, would you wait until the news settles down and thus delay entry based on the previous original set up (9:30 candle)? Thanks in advance : )
Thanks for a great video .. would you mind sharing the details of the session indicator that you use and its setting to pick the right m5 candle of 9:30 ?
thank you for these informative videos! im still in high school, fairly young but I wanna start now and learn all that I need to know to master the skill of trading ❤🎉
Stop at bos. To calculate the risk there is a bunch of factors like dollar amount. You can calculate theta, etc. I can possibly make a video on this in the future.
Great vid Jdub, nice to see a video from somebody that actually does this every day instead of some snake oil salesman trying to sell you his "trading system that makes him 2000K million dollars a week, just buy my subscriptioin for 5K!". This is real deal stuff I trade 0DTEs on RUT and SPX everyday and I use similar methodology. Gonna try this on a 5 and 10 min chart. TY!
On the 2nd day, the 3rd candle clearly goes below the low. Then according to the rule you would enter as soon as it touched the low again as a retest. But you just ignored it, knowing it would continue up and just made some excuse about it going up too fast. Until I see you trade this strategy life, with real money, it is not good enough for me. But I appreciate the video. It gave me some other ideas.
I think you may have misunderstood. The trading plan. You're not just looking for a breakout,.. It is a breakout with continuation. In this case that you're describing, there was no continuation, thus, it was not a valid setup.
While this is a great trading plan, my only issue is putting the stop loss exactly on top of the range boundary. Price seeks those boundaries in and will often wick you out. Need to put just a little bit of extra stop loss past the range boundary
![Jack Harlow - Hello Miss Johnson [Official Music Video]](http://i.ytimg.com/vi/Q86_nlRoIGw/mqdefault.jpg)
This is for the folks not understanding what strong displacement means....the candle needs to be convincing in the direction. Its gonna be different depending what you see. You keep waiting for 100% strategies...youll be on the sidelines until you die.
Preachhhh
😂 waiting and waiting and waiting...💀 ☠️ rip
More effective with high volume/volatile big stocks/ETFs (not taking about stupid penny stocks that are often manipulative)
Also it’s good for stocks with good momentum.
It took me over three years to discover that forecasting the market based on charts is pointless; you never know what will happen.I have a little over 250k i wanted to put in the markets but I don’t know what direction to head now. Any guidance in this regard would be much valued.
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
Reason i decided to work closely with a brokerage adviser ever since the market got really tense and the pressure became too much. I should be retiring in 17 months, so I've had a brokerage adviser guide me through the chaos. It's been 9 months now, and I've made approximately 650K net from all of my holdings.
This is definitely worth considering! Do you have any recommendations for professionals or advisors I could speak with? I really need help with proper portfolio allocation.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Judith B Richards” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look her up.
Thanks for sharing. i searched her full name and found her web instantly. After reviewing her credentials and conducting due diligence, i reached out to her.
I usually look up your videos for updates! Our government has no idea how people are suffering these days. I feel for people with disabilities not getting the help they deserve. Thank you Ms Rachael Campbell, imagine investing $12,000 and received $305,500.
You're correct!! I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at this moment.
Ms Rachael Campbell was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Rachael Campbell
YES!!! That's exactly her name (Rachael Campbell) so many people have recommended highly about her and am just starting with her from Brisbane Australia🇦🇺
She is my family's personal broker and also a personal broker in many families I'm United State, she's a licensed broker and a FINRA AGENT in United states
I Started with 5,000$ and Withdrew profits
89,000$
I will be forever be Liable to you, you have Transformed my entire life and I continue to preach on your behalf for the whole world to hear that with just a little investment you saved me from going into huge financial crisis. Thank you Angie Chen Owens
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...
Angie Owens strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started
Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
The first time we had tried, we invested $1400 and after a week we received $4,230. That really helped us a lot to pay our bills.
In so many other video's that first five minutes of the market are a scary place for so many other traders. You made something useful out of it. I will use this first thing tomorrow morning.
I always say it time to time that as a trader we must surely take advantages of every market we find ourselves. And at the moment trust me when i say bitcoin day trading is at its peak now. Coach James Whisman Wes has been of great important in the crypto world with his accurate predictions. 5 stars!!⭐⭐⭐⭐⭐
This is really insightful! It’s great to hear about the success you've had with Coach James Whisman’ guidance. I’ve been looking to start myself and would love to learn more about his approach. Where can I find him, and is there a particular way to get started?
This is his official Telegrams 🚀🚀
@JAMESWHISMAN ↔↔↔⭐⭐⭐⭐⭐⭐
I'll text him right away and get started ✍✍✍………. Yes, this is the right time to get into day trading. 👍👏😘
@sarsomaz
Absolutely! Real growth happens when you go in with a plan. Getting serious about the right approach really makes a difference!
I don't even know where the stock market is headed to right now. my portfolio of around 200k is not increasing more than 5% and people are predicting a crash
I'd advice you redistribute assets in your portfolio with the help of a pro so you don't get burnt by the market
I agree, investing with the help of an advisor set me up for life with about $1.6m currently in stock portfolio. I max out my 401k and have few properties. I worked hard as a language tutor for 25 yrs and my salary was over 80k annually. it all boils down to consistent regular investing to minimize risks and maximize growth.
I'm interested in trying this out. Who is your advisor, and how can I contact them?
She's Dianne Sarah Olson by name. please do your own research to see if she is suitable with your goals.
just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. thanks for info
bro I take notes in a notebook and study your material, this is way more comprehensive than I expected. deep respect.
boklao eat more rice
How can I make good profit as a beginner starting with £5000
As a beginner, it's essential for you to have a guardian to keep you accountable. I'm guided by Stephany Reuben
Don't rush in rather seek expertise like Stephany Reuben. Growing a portfolio is complex
I racked up so much losses trying it on my own. Steph really saved me from myself
Finding someone truly skillful is hard. I'm happy to see that a lot of people found Stephany
Same here. Steph managing my portfolio was my best decision. I have withdrawn half a mil since
Jdub, it’s an honest effort on your part, but this strategy doesn’t work consistently because it’s based on a false premise. That is, once your initial 5 minute range is established and retested, that this retest will have a propensity to move in whichever direction it breaks, with a 2/1 (+/-) profit/loss ratio. A more thorough back test will show that, in fact, the propensity for a move in the breaking direction is basically a coin toss with many factors that could cause this trade to move against you. This is not to say that this wouldn’t be a winning strategy during a given week or month. But over time it will prove to be wrong as often as right. Sorry, I don’t intend to be a detractor, but I’ve modeled this and ran a years worth of data so I know it won’t work over time. Nevertheless, a thoughtful thesis.
With a 50/50 win rate and a 2/1 risk to reward ratio you’re still going to be profitable. He even states this at the end of the video
I’ve been a strong advocate of trading too, as it has yielded significant returns since I first ventured into it. Over the past two years, my net worth has grown exponentially.
Not everyone is as lucky as you are. I want to give it a shot by I'm confused by all the info out there. How are you able to do it?
Herman Jonas, a licensed FA has undoubtedly helped me make so much progress. He has guided me to identify key stocks, (options and futures) for the short term and Roth IRA, index funds, cryptocurrency, and ETFs, for the long term pinpointed strategic entry points, and provided risk assessments, ensuring that my decisions align with market dynamics for optimal returns.
Do not forget that when it comes to the trading, prices can be erratic, rising and declining quickly, often in relation to companies' policies, which individual investors do not influence.
Trading is just too complex. I've tried going at it but I’ve lost woefully. Can he help me?
Hermanw jonas that’s his gmail okay
Wow - thank you very much for this strategy. I would say to add in resistance levels, and the 9 ema. Also, if you are on the 5 minute, check the 3 minute, (possibly the 2 minute, but I don't have access to that), maybe the 1 minute before making your entry.
Backtesting gave all no-trades and losers. Couldn't even find a single winner so I gave up. Glad it works for you. Well-presented video.
What platform was he using to back test?
Huh? It doesn't work for him either. Isn't it obvious? If it would, he'd be busy getting filthy rich and not making dumbass youtube videos about useless strategies.
I watched this video on Monday started using this strategy and so far no loss. I love how simple and effective this strategy is.
Are you in the uk?
yea i watched it last week and its been solid! excited!
@@cygnevara8400 same here! i always traded the break and retest but the ORB is a new way for me and im liking it, what ive done to really make it solid is mainly play the direction of the overall trend we are in , i feel more confident that way. so far its been great!
LIES! RUclips will be like eBay. Too much corruption and lies.
did u go with the 1min or 5min chart?
I'm favoured, $60k every week! I can now give back to the locals in my community and also support God's work and the church. God bless America..
That's awesome
What source/platform did you use to earn such a large sum of money?
As I know it's possible, I'd appreciate it if you showed me how to do it.
It was with the help of Cassandra Roberts i am who i am today
I know I'm blessed if not I wouldn't have met someone who is as spectacular as Mrs Cassandra Roberts
I back tested this from January of this year, the results are not good. I lost an average of 8 out of 10. If it works for you though.. go right ahead.
tried this on US30 and Gold trades today and TP hit ... wow, this is so powerful
Thanks a lot for this awesome setup! I just backtested across 7 days (ES futures 5 min chart)and had 4 winning days (2 to 1) , 2 losses and 1 no trade. Looking forward to do it live this week! Average risk was 300-500 based on the setup with 600-1000 profit target. I like this especially because I’ve either been destroyed trading at the open or avoiding it altogether. I did not trail and let the trades run their course.
Nice work! Keep backtesting and refining the strategy!
have you already backtested some more days than 7?
I suggest you try it on NQ. It could give you more money due to its higher volatility.
@@JdubTrades what happens when there is a runaway at open like an lower or higher open and it just breaksout in that direction w no pullback?
7 days is nothing. And an ORB will never work long term, if it did, everybody would be doing it (and then it wouldn't work either).
this video is the real game changer...My ORB strategy failed as I never waited for the retest. after watching this video my ORB strategy has been perfected!
Glad it was helpful!
when you’re picking the 2-1 risk/reward, does it matter what amount you choose or is it just what you’re comfortable with? i genuinely appreciate your videos thank you
Thank You for this video ! What constitutes a "strong displacement" ? how far out of the range or for how much time out of the range creates that ? thanks
Solid strategy. I really like this approach. Are you using this on individual stocks or indices or does it matter? You also mentioned you’re looking at the first candle at open to set your highs and lows I want to make sure I’m looking at the right time, can you confirm for me? I’m on EST
How can i make money from investing?
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist.
True, As a beginner, it's essential for you to have a guardian to keep you accountable. I'm guided by Amelia Louise Adams.
Same here. Amelia managing my profile was my best decision. I have withdrawn over $280k since.
Amelia possesses a keen insight on how economic insights can be leveraged for success
The issue is most people have the 'I will do it myself' mentality but are not skilled enough. Ideally, advisors are perfect reps for investing jobs, and in my first-hand experience, my portfolio has yielded over 350% since the COVID outbreak to date, summing up nearly $1m.
bro. profits today on this strategy. then went back and charted out other favorite stocks on the 5min, there were multiple trades to the upside and to the downside that retested the opening range. I dont wanna get overly excited but thank you for this video!!! 🔥🔥🔥
Keep up the good work brother! This setup has been on fire the past few weeks.
what’s your opinion now on this strategy? i was thinking same recently its done really well but the more i backtest the less consistent it gets
I took a loss on this play on tsm but the strategy played out perfectly if only I would have believed what the charts were telling me. Lesson learned
✅
What did stocks did you use it on?
I want to begin investing but require some help. Do you have any advice or suggestions for assistance?
It's wise to seek expert assistance when beginning your financial portfolio. It's intricate, so professional guidance is key.
Consulting with finance pros, such as Della Martin, can be a savvy way to revamp your portfolio. They offer the know-how to guide your choices.
I ensured to spread my $25,000 across various markets for better diversification.
By investing in high-dividend stocks, ETFs, and equity, I made a net profit of about $115k. It's been a successful venture!
You truly require someone like Della Martin, a dependable trader, to achieve it.
Absolutely, I tried the live casino the other night. It's like they've brought the whole casino experience to the screen. Did you have a favorite table
I dont even know where the stock market is headed to right now. my portfolio of around 200k is not increasing more than 5% and people are predicting a crash .
i'd advise you redistribute assets in your portfolio with the help of a pro so you don't get burnt in the market
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can I reach this advisers of yours? because I'm seeking for a more effective investment approach on my savings?
My CFA *Julianne Iwersen-Niemann* a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Thank you for saving me hours of back and forth investigation into the markets... I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
Investing in a stock may look straightforward, but choosing the right stock without a proven technique can be difficult. I've been attempting to grow my $210,000 portfolio for a while, but the largest impediment is a lack of defined entry and exit strategy. Any input on this matter would be highly appreciated.
The strategies are rigorous for the regular person. In fact, they are primarily executed successfully by professionals who possess a great deal of expertise and knowledge to carry out such trades effectively.
How can I participate in this? I sincerely aspire to establish a secure financlal future and i'm eager to participate. Who is the driving force behind your success?
I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon.
Great video! Do you wait for the candle to closed before entering for extra confirmation?
You can wait for confirmation but that might equal less RR but higher winrate and if you don’t wait you will have lower winrate and larger RR. It’s all up to you.
What video should I watch first to start? Newbie and I took stuff like this in college but it’s been a minute. I subscribed because I feel this guys honest and not afraid to share his success.
When I see good videos like this I usually take out my time to appreciate the experts that make these videos possible, it is not easy to help lots of people earn money
He is a guru when it comes to investment and trading, but his skills and efforts are always underestimated
Where can i find this professional trader?
informative and useful content ❤❤❤❤
Stay away from this scam. 'Thomas rodriguez' today, some other random name tomorrow.
Well explained, better than most furus who tries to hard sell their courses. Thanks!
Appreciate that man!
Btw what market do you trade on? I've been looking at the bar at 8:30 find it more reliable signal, does this method works on EMINI? Or NQ?
Fantastic video! Your easy scalping strategy is not only simple but also highly effective. I appreciate how you break down each step clearly and make it accessible for beginners. The emphasis on avoiding bias and relying on mechanical rules is a game-changer. Keep up the great work!
Glad it was helpful!
Thank you for teaching this strategy
What time is opening candle in NY time exactly ?
It took me four years to discover that forecasting the market based on charts is pointless; you never know what will happen. Without a mentor, those four years were miserable. Now, I watch market trends and keep things basic and disciplined. I currently earn an average of $35k every week, despite the fact that I barely trade myself Thanks Rolando Diaz....
Trading in Bitcoin now is the wisest thing to do now especially newbies beginner....
Yes, the crypto market is really taking off and Bitcoin is in good shape to start trading now
Well...I will advise you should stop trading on your own if you keep losing and start trading with an expert because trading with an expert is the best strategy for newbie...
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 him i really need help in this bear market now?
he's mostly on Whasapp using the No...
Thank you for the video. I have a question. What is considered a significant break below or above the highs and lows? percentage? dollar amount? 1 or 2candles?
Looks like it tends to be one particularly steep candle that as a result creates an imbalance (where the retracement into this touches the opening range). It’s like fair value gap logic applied to an opening range. Fair enough if it works though
I want to begin making money through Bitcoin or Forex trading, but I’m not sure how to get started. Can anyone give me some advice?
I strongly recommend Expert Rosie as the most proficient trader I’ve worked alongside. She expertly manages my forex account and consistently delivers impressive profits.
Rosie Harley strategies works perfectly, I don't actually know her in person but her strategies is good up till date.
This is my second time having Rosie Harley trade for me, and I must say, her expertise has truly transformed my life.
She trades for me too. My first investment with Mrs Rosie gave me profit over $25,000 and ever since then I trade with her and it has been a good turn up
Rosie has built quite a solid reputation. With her help, I was able to buy a comfortable apartment in the USA.
Interesting approach and perfectly demonstrated. thanks
how do you screen for (these)
stocks?
I’m newbie in trading and really having hard time to understand the market but after watched this and also been testing this strat for 5 days and yes it’s really working 😃
thank you so soooo muchhhhh❤
did u use the 1 min or 5min chart?
bro what platform do you use?
I just literally watched a video of a guy who just got a 150k funded account using this strategy and got clapped. He was waiting for the retest to bounce off of support and it just dumped all the way through and clapped him. That might work for some but not everyone. I’d be careful y’all.
Still gave like, good content.
There is plenty of different break and retest setups. With the break and retest there is about 10-15 BnR setups. When trading the break and retest you can't just look for any break and retest. You have to be able to find high probability points of interest with multiple confluences.
damn wtf
What's the big deal if you have one losing trade? That's what stops are for.
Sounds like terrible risk management to me. There is no such thing as a perfect strategy so sounds like your guy didn't know his strategy at all. At least, not his risk management component of his strategy!
@@realistic7894 I think that’s its layers to trading. And I think videos like this doesn’t give full context of the dangers and how to minimize the risk.
It can be any market opening?
Thank you! Very effective I tried it for the first time this morning and it really works! You got a new subscriber here...
Glad you enjoyed it!
Which opening is it about? London ? New York? Asia?
Please is it the first 5Min Candle of London Open?
@@JdubTrades how long do you wait for that pullback? also, buying anywhere in that opening range (or shorting) would be okj correct? the thesis is that the opening range is providing the direction for the day so a bounce to the upside and a pullback a few hrs later within that range can be bought as the theory is the day is still bullish if the initial break was to the upside correct?
Thanks for the great video. One point to clarify: it seems you entered the trade at the closer of the 5 min candle that had a touch back to the opening range, but not exactly at the high or low of the range ?
The best area to buy is as close as to the Opening Candle high or low. I was on the 5 min so you can go onto the 1 minute for more precise entries
Thanks Jack! I have been back testing this and so far, it has been going well!! Simple and straight to the point!
Glad it’s working will so far!
Which markets mostly?
Which pairs we can trade on this at 9:30 EST?
@@vivekkumar-iz2bh Been backtesting it too, it does not work very well... lots of losing streaks, better follow ICTs model than this
@@JdubTrades how far above or below the opening bar should the stop be? a few cents or at the exact price?
This was one of the best videos on cryptocurrency I’ve seen.
Great video, I like how you back tested additional days to show that realistically there will be losses too.
Yes no strategy is going to have an 100% win rate. Even if you have a 50% winrate with a 1:2 RR, you will be very profitable.
He traded in hindsight lol! His idea of 'strong displacement' was weaker when the video first starts and then he needed more movement later cause he saw it would be a losing trade. Then again towards the end, he accepted another displacement that was the even weaker than the earlier one he rejected . Watch the whole video again and pay attention to the second back test and then the last backtest.
I went over NQ and it doesn't seem all that great. Works maybe 50% chance at best and when it doesn't you'll end up taking a huge loss.
It needs a lot of tweaking and knowing what days to pick to use this strategy and even then it might not be worth the hassle. There will be so many days the market just chops in the 1st 30 min and it'll hit your SL before your profit target.
But then again, if it was so great there be no need to share it. He'll be making millions in the market. Market open is just too unpredicatable to come up with a great consistent strategy. You be better off just avoiding the 1st 30 minutes.
@@8KFlow You are completely right.
@@8KFlow Maybe try with something like AUD/USD FOREX.
Not sure what you trading but the Opening Range is 09:30-10:00 and that's the high and low that should be marked up if you trading Opening Range.
You and Scarface trades are the only two I follow on RUclips and waiting for your videos
Funny I thought about scarface trades when I saw this
Same , scar got same video but he trades 1m after first 5m candle
@@deniwan84 I think its safer... what do you think?
What platform do you use to trade and mark up the charts
Great video, thanks! Two questions though…
1) What is “strong displacement”? It seems subjective. When you back test, you seem to ignore some breakouts but trade others. There should be a numerical rule.
2) Have you actually backtested a system enough times to make sure it’s a winner? That last example is actually a loss. Not a “less than 2x gain”. You can’t see the future when trading, so you can’t change the rules on the fly. That’s a stop out.
Great question @yiyoguerra. You can use a momentum filter on your highest timeframe to anticipate strong displacement. But it basically means a "break below close below" the opening range in this example :)
Hi, yiyoguerra. It's true that you can't see the future when trading, but you can change the rules on the fly if you design your system to do that. I recommend trading two systems simultaneously--one that trades strict, and one that trades with flexibility. Instead of using only one version of the system and giving it control of 1R of risk, use two versions of it with each one controlling 0.5R. You could also use three versions of the system giving each one control of 0.33R of risk. Your results over time will be much smoother that way--trust me. ;)
Jdub, thank you for this great video. Very helpful. My question is what is the difference between this strategy and the Opening Range Break? Is the only difference where you place the stop loss? Please explain when you get a chance. Thank you
Youre doing this on the SPY? Are you buying options or just buying the Shares? Also how do you short? Do you buy puts or sell short the shares?
Oh my God I love❤you. Your strategy is soo easy😊and it works too
Thank you brother! I appreciate this valuable information… I’ve been working for years killing myself to make someone else’s paradise instead of my own. It’s time to get off this modern day plantation and set myself free! Thank you again for providing us the tools that we need to free ourselves!
Will test this out. Good content. I assume you mean 9:30 New York time? And what market this work on, FX and commodities?
Yea 9:30 AM NY Session Open. And it works best on stocks and indices.
I back tested this and lost overall
that's what i was saying...it's not gonna work.
I use this strategy as well but on the opening 15 minute range instead. break and retest using using the 1 min time frame for entry. 60% win rate aiming for 100 pips with a 25-50 pip stop loss. a losing week of 2/5 with this strategy is is still Good because indexes for a fact gonna give you a 100 pip move straight in one direction at least 3 out of 5 days. I don't even stress about losses any more because a this strategy on a bad losing week can still be profitable with risk to reward ratio. and with this strategy you gonna be in one of those 100 pips moves at least 2-3 times out of 5 days
Most of these "strategies" are shown using perfect examples to give the allusion that they work. But in reality, you will lose more than you make listening to RUclips trading gurus. The market takes patience to learn. It's NOT for beginners. Period
@@Austin-n8pyou have to try. Put yourself out there and test things. See what works for YOU
Of course you did. Why? Did you expect some random 20 y o dude to hand you the key to success in a youtube video?
So once you have identified your break and retest, whether it would be to the upside or downside, are you buying calls/puts based on the direction? If so then you placing a stop loss/profit taking indicator on your buy at double on the profit and half on the loss of what you paid? For example if you entered a call/put at 0.20 are you setting your profit taking at 0.40 and your stop loss at 0.10?
For the past six months, I've been trading Bitcoin independently but have been facing losses. Can anyone provide guidance on how to achieve profitability?
Investing without a strong understanding of the market is not prudent. I suggest consulting Expert Rosie for guidance and advice.
It's quite a coincidence. Rosie has also been overseeing my trades, and her strategies are truly remarkable.
Rosie's strategy stands out as the most effective among other experts. Many others are not dependable.
Glad I bumped into a recommendation about her exactly 3 weeks ago. More people like Expert mrs Rosie are needed in the crypto world.
Rosie has certainly established a strong reputation. Thanks to her strategies, I managed to purchase a comfortable apartment in the USA.
I'm hooked on roulette lately. Watching that wheel spin is just mesmerizing, isn't it
Great video thank you! My question is as follows. Once you identify displacement and price retest your entry zone, do you have a limit order already in place waiting to be tapped into the trade or are you manually executing the trade? Everything else was clear. I will test and give you feedback in our discord. 🙏👍
I will personally go on the 1 Minute timeframe and wait for a tap into the ORB Retest level. Since we trade with options it will be difficult to calculate the options price perfectly in a short period of time
@@JdubTrades Cool I'll back/forward test and let you know. FYI . . . It seems to work in Forex too (NY Session).
@@felixmorales1858 which pair you tried in FOREX
Great video! I am wondering what a strong displacement is?? Would that be a close 30% past the low or high, or more? What do you consider strong? This will help clarify the way to know the signal is there?
Here's a question. Time in force for the trade? How long before you expire the trade to make the long or short?
Thank you for this video! Do you wait for a strong bullish or bearish candle at the retest level? or do you set to enter a limit order at the retest level, doesn’t matter how the candle formed there? I have a feeling if I wait for a confirmation candle, my stop loss would be too big. Thanks so much again!
Yes as I mentioned you can wait for confirmation which will result in higher Winrate but lower RR or you can buy as it touches that level which will result in lower winrate but higher RR
@@JdubTrades what would confirmation be?
I like the concept and it works well as long as the breakout candle isn't news related and as long as there isn't some sort of big resistance area close by after the re-test like vwap or a key level.
Yes if you add more confluences and higher timeframe key level you will know which ones to take and avoid.
this is interesting! thanks for the video! can you tell me what the red and green zones you add on are called?
Great video Jdubs! Thanks for sharing. For the 5 min ORB, do you enter on the 1 min chart or the 5 min chart? Also do you stop out when the 5min candle closes at your stop or the 1min candle? Thank you!
If you are on the 5 Min chart you can go on the 1 minute for precise entries but after that you want to manage you trad on the 5 minute timeframe. Only reason to be on the 1 minute timeframe is for more precision.
First candle in Premarket? Or regular trading hours?
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Nicole Miller.
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...
Nicole Miller strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started
Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading.
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
The very first time we tried, we invested $1400 and after a week, we received $5230. That really helped us a lot to pay up our bills.
Just one question, is this strategy to be applied in the general opening of the market or in the opening of NY?
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.
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?
I know someone who can help you Naomi Tyler
Thanks for the video. Which session? London or NY?
9.30 london or NY times?
9:30 AM EST NY Session
@@JdubTrades If there is a news release expected, would you wait until the news settles down and thus delay entry based on the previous original set up (9:30 candle)? Thanks in advance : )
@@JdubTrades so would it be the 9:30 candle or 9:35 candle to mark of high and low?. Great videos
I have used this strategy and had success in two days in a row so far. It is easy to use, and relatively low stress. Thank you!
What are you trading? Do you use the 1-minute or the 5-minute?
Hello, I am from Latin America and I have a question. I would like to know in which instruments do you apply the strategy?
I am interested to know what instruments work best and the exposure level required for a worthwhile return
Very well done brother. Nucely explained and executed.. Thanks
This video motivated me to invest in my first cryptocurrency!
Thanks for a great video .. would you mind sharing the details of the session indicator that you use and its setting to pick the right m5 candle of 9:30 ?
I thought he manually placed lines.
Excellent summary of your ORB retest strategy. It's more conservative than the traditional ORB, which often reverses on me.
thank you for these informative videos!
im still in high school, fairly young but I wanna start now and learn all that I need to know to master the skill of trading ❤🎉
Still being in high school is a blessing. Keep it up brother!
I really like this strategy, thanks for sharing. Would you ever use a trailing stop loss to maximise profits?
Great video once again! How do you determine your stop loss on options?
Stop at bos. To calculate the risk there is a bunch of factors like dollar amount. You can calculate theta, etc. I can possibly make a video on this in the future.
@@JdubTrades YESSSS PLEASE!!! can you break down theta and how you go about this~
@@cygnevara8400 Theta is available on ThinkorSwim
thank you, very good strategy, may I know what market it is ?
Thank you for explaining so well. Thank you 🙏. I will follow it and see how it works for couple of days .
Best of luck!
I'm from the Philippines 9:30am of what time zone? London?
great strategy! What time zone are you on? People all over the world is watching. Thank you
Which market opening do you recommend? 😊
So where's the entry? Is it right as price touches and retests the range break area? Or do you wait for confirmation candles?
This is on the 5 Min so you can go onto the 1 min and look for entries.
Thanks for this ❤❤
Please does this work on currencies chart or is there a time tweak for the currency pairs ??
Can this work with crypto and if so what would be the opening time?
Which market open?
London?
New York?
Asian?
What?
Maybe he doesn’t know ?
New York
SPY is NYSE listed. Hence, New York. You understand your trading context best so apply it to wherever you're trading lol
Great vid Jdub, nice to see a video from somebody that actually does this every day instead of some snake oil salesman trying to sell you his "trading system that makes him 2000K million dollars a week, just buy my subscriptioin for 5K!". This is real deal stuff I trade 0DTEs on RUT and SPX everyday and I use similar methodology. Gonna try this on a 5 and 10 min chart. TY!
That’s superb! Thanks for the sharing. I’ll test with fibo as I love to get ‘confirmation’ on the TP part. Thanks again
Let me know how it goes!
Good idea will it work for other assets
great thx. can you do live trades?
On the 2nd day, the 3rd candle clearly goes below the low. Then according to the rule you would enter as soon as it touched the low again as a retest. But you just ignored it, knowing it would continue up and just made some excuse about it going up too fast.
Until I see you trade this strategy life, with real money, it is not good enough for me.
But I appreciate the video. It gave me some other ideas.
I think you may have misunderstood. The trading plan. You're not just looking for a breakout,.. It is a breakout with continuation. In this case that you're describing, there was no continuation, thus, it was not a valid setup.
@@1billyjcraw looked like the same type of continuation you were observing on the other trades.
@@cgb1394 I suppose continuation is subjective but I would want more than just one follow-on candle after the breakout.
While this is a great trading plan, my only issue is putting the stop loss exactly on top of the range boundary. Price seeks those boundaries in and will often wick you out. Need to put just a little bit of extra stop loss past the range boundary
Thank you. Sometimes you should use pending limit order to catch trade. Right?
Thank you for the new input- will definately try this one!!
I've actually been getting into the cricket betting. The live updates make it so much more thrilling
Ur videos are amazing man . Always great and simple language ❤❤
Appreciate the love man!
The history of Bitcoin you covered was fascinating!
Brother may God bless you, these videos are amazing man
Appreciate it brother!
@@JdubTrades i have a question about this strategy. if i was on the 5min TF, is the opening range high and low on the 6:35am candle only ?