I invested in some stocks myself using pure speculation. Long story short, I blew my account and lost it all. Jonas Herman, a licensed fiduciary is the brain behind my success. I've gotten into a plethora of assets with $9k spread across stocks (options and futures) for the short term and Roth IRA, index funds, and ETFs, for the long term. Now with over 31k in roi, I sit back and just reinvest at intervals while I handle my other career and family.
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.
Some individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
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?
NYCOLE CHRISTINA VANNATA a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
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.
Very true. Despite having no prior investing knowledge, I started investing before the pandemic and pulled in a profit of approximately 950k that same year. In reality, all I was doing getting professional advice.
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.
@@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!
I've been making a lot of losses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?.
Wow. I'm a bit perplexed seeing her being mentioned here also. I didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been amazing.
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.
Love your video! This is my Favorite Strategy- the only thing I would note ( or at least I do) I don't trade the first 15 minutes of the ORB ( Mark the high and low of the first 15 minutes) - to avoid false movements/breakouts! Like printing money!
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?
I had problem comprehending trading in general. I tried watching other YT trading channels, but they made the concepts more complicated. I was almost giving up until when I discovered your channel. I love the way you break down the content and explain everything in detail. The videos are easy to follow
I've been making a lot of losses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?
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!!! 🔥🔥🔥
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
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
You are right experts and professionals are usually underestimated and sadly this occurs more in the financial industry, a typical example is my financial mentor Mr Thomas rodriguez
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❤
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.
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?
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.
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!
@@JdubTrades Broker statements are not always truthful especially if they’re Non regulated unknown prop firms. Why don’t any of the So called Gurus ever show bank statements that show proof that the money came from trading instead of the courses they sell.
@@Madeinlondon67 Ew Brotha Ew. Just try it on backtesting yourself and then on a demo, and then, if you want, with a very low deposit account, to see if it works for you. If it doesn't, then move on, if it does, come back and say thank you to the dude. Simple!
@@SolutionsWithin I like watching these videos but wouldn’t throw any money at them without seeing proof. There are far to many so called gurus that want you to pay a prop firm 😂 No prop firm will give you bonuses and let you take their money 😂 I’m actually doing ok myself on my own account with an FCA registered company igindex and currently on 80% win rate. Will gladly show proof too. I trade using 3 moving averages 9,50,100 , VWAP, MACD. Just trend trading.
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, 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. ;)
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!
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.
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.
Haha er...how is there no opening range break in your second example at 6:08? It clearly broke lower (closed below your "opening range", AND almost closes on the low, how is that not strong conviction?) then even went back up to retest it, so you would have gotten in short if this was live, with your stop set at the ORH, then promptly got stopped out. Please don't pick and choose your trades for your "strategy". Be realistic, there's a lot of people here listening to you that will be losing money. Here are results from the last 2.5 weeks on a random stock using this strategy, factoring in live conditions: 17th - Stopped out 18th - Win 2x 19th - BE, maybe tiny profit 20th - No trade 21st - No trade 24th - No trade 25th - BE or tiny profit 26th - Win 2x (just, probably not filled) 27th - Stopped out 28th - No trade 1st July - BE, nothing 2nd - No trade 3rd - No trade Also, one week isn't "backtesting". 5 years, maybe.
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.
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!
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 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!
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
Backtesting for 1 week is useless. I'm sure you know that already? backtesting should be done for a minimum 1 year to know if the strategy has an edge or not
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
You had have to show you doing live trade than video tape it and put it on your ch utube. You must show your platform live c Forex chart with a clear view of your buy and sell icon buttons You must show ' On Spot'. This is good for scalping. Make sure your viewers can see it clearly
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Carla Koren.
06:28 Why not SHORT after price retests the ORB bottom line? 07:44 Placed SHORT order just as the price retests the ORB bottom line. What's the difference between the two cases? You might say first one, price move was not strong enough, but then what does it mean to be strong "precisely"?
@@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?
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 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 Mrs SONIA DIXON, imagine investing $12,000 and received $305,500.
Mrs SONIA DIXON 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 sonia dixon.
6:07 that level was probably in line with some other notable level; previous day’s close, a previously strong VWAP level, a time where high frequency trading bots kicked into high gear, etc
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?
Great video man, you have such good insights and ideas and that is why trading and investing is only profitable when you got proper guidance like mines
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.
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 ❤🎉
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.
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
You shouldn't be recommending strategies without at least one year backtesting results to support it. One week is nothing Otherwise your videos do not have value as you're just picking random strategy from the list of strategies and explaining them to viewers.
I have personally back tested this strategy for a few years now. This video was a demonstration on what the strategy is and how to execute it. My job is not to back test the strategy for you.
From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
If you don't get a break and retest until like 6-10 candles later on the 5min do you still go with this strategy or do you just move on to the next day?
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 guess I am more of a beginner than I thought lol. I still have so many questions that Im almost embarrassed to ask. What software is used in this video? What are you talking about buying and selling? Options? It cant be shares because thats gains of pennies and there would be no benefit of buying on a downswing...
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.
If you buy using this strategy and towards the end of the trading day the position doesn’t get closed out, do you sell or hold the position into the next trading day ? Thank you
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.
There is plenty of discretion with this setup. Disingenuous to say there isn't. What exactly qualifies as a strong displacement. More than 1 ATR? How many candles after if you're using 1 min. How about 5 min. I think the strategy has potential but if you wanna be mechanical you gotta define everything.
On a 15 minute time frame, If the candles break through the low of the ORB during the last hour of the market with strong displacement towards the downside and retest exactly at the opening candle range low on the last 15 minutes of the market...would that be a confirmation to enter for a put before the market closes, confirming for the candles to continue on the downside for the next trading day opening?
This is an awesome video. Looks like a good send to me. This is what I was trying to study all morning. This video has just pop-up and gave me the clarity I needed. Thank you ever so much 🙏🙏
Trading has been rather rewarding to me and I've learned that getting a good return is very much attainable if you know your way around it.
How are you able to do it? Not everyone is as lucky as you know.
I invested in some stocks myself using pure speculation. Long story short, I blew my account and lost it all. Jonas Herman, a licensed fiduciary is the brain behind my success. I've gotten into a plethora of assets with $9k spread across stocks (options and futures) for the short term and Roth IRA, index funds, and ETFs, for the long term. Now with over 31k in roi, I sit back and just reinvest at intervals while I handle my other career and family.
To me, trading is not worth it and I know that's the same mindset holding me back from taking a step forward in my finance. It’s all gambling.
Is he taking new clients? This whole stuff is just too complicated for me. I don't mind using some help.
Sure
Hermanw jonas that’s his gmail okay
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.
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.
Some individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
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?
NYCOLE CHRISTINA VANNATA a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
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.
What is the best strategy to succeed in the market now for someone with more or less than 30k?
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.
Very true. Despite having no prior investing knowledge, I started investing before the pandemic and pulled in a profit of approximately 950k that same year. In reality, all I was doing getting professional advice.
How can i participate in this ? I sincerely aspire to establish a secure financial future and I am eager to participate.
I'd say a little due diligence on "Karolina Selene Kalinowska" truly exceptional..
Track down a trading maestro, like Karolina Selene Kalinowska
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.
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've been making a lot of losses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?.
I will advice you should stop trading on your own if you keep losing.
If you can, then get a professional to trade for you I think that way your assets are more secure.
I'd recommend Scarlett Hansley, her profit is great even when there's a dip
Wow. I'm a bit perplexed seeing her being mentioned here also. I didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been amazing.
You don't need to be shocked haha because I'm also a huge beneficiary of her
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
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
Love your video! This is my Favorite Strategy- the only thing I would note ( or at least I do) I don't trade the first 15 minutes of the ORB ( Mark the high and low of the first 15 minutes) - to avoid false movements/breakouts! Like printing money!
They say to wait for a pullback along with a set up that's in your favor. Dicipline!
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?
I had problem comprehending trading in general. I tried watching other YT trading channels, but they made the concepts more complicated. I was almost giving up until when I discovered your channel. I love the way you break down the content and explain everything in detail. The videos are easy to follow
I've been making a lot of losses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?
I will advice you should stop trading on your own if you keep losing.
If you can, then get a professional to trade for you I think that way your assets are more secure.
I'd recommend,,,,, Letecia Malana,,,,, , her profit is great even when there's a dip💥
Hey i'm shocked you just mentioned and recommended Letecia _-_ Malana i thought i was the only one trading with her
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 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?
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
You are right experts and professionals are usually underestimated and sadly this occurs more in the financial industry, a typical example is my financial mentor Mr Thomas rodriguez
He is a guru when it comes to investment and trading, but his skills and efforts are always underestimated
On telegram
Where can i find this professional trader?
On telegrams
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?
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.
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.
This is my second year trading bitcoin and all i can say is Rosie Harley strategy changed my life completely.
Glad I bumped into a recommendation about her exactly 3 weeks ago. More people like Expert mrs Rosie are needed in the crypto world.
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).
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!
Backtesting can also be hypothetical. What people should show is actual real trading results and verifiable proof of profits.
This was an educational video. I have plenty of live logins, broker statements, live trading on other videos.
@@JdubTrades Broker statements are not always truthful especially if they’re Non regulated unknown prop firms. Why don’t any of the So called Gurus ever show bank statements that show proof that the money came from trading instead of the courses they sell.
@@Madeinlondon67 Ew Brotha Ew. Just try it on backtesting yourself and then on a demo, and then, if you want, with a very low deposit account, to see if it works for you. If it doesn't, then move on, if it does, come back and say thank you to the dude. Simple!
@@SolutionsWithin I like watching these videos but wouldn’t throw any money at them without seeing proof. There are far to many so called gurus that want you to pay a prop firm 😂 No prop firm will give you bonuses and let you take their money 😂 I’m actually doing ok myself on my own account with an FCA registered company igindex and currently on 80% win rate. Will gladly show proof too. I trade using 3 moving averages 9,50,100 , VWAP, MACD. Just trend trading.
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.
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 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.
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. ;)
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!
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.
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.
Haha er...how is there no opening range break in your second example at 6:08? It clearly broke lower (closed below your "opening range", AND almost closes on the low, how is that not strong conviction?) then even went back up to retest it, so you would have gotten in short if this was live, with your stop set at the ORH, then promptly got stopped out. Please don't pick and choose your trades for your "strategy". Be realistic, there's a lot of people here listening to you that will be losing money.
Here are results from the last 2.5 weeks on a random stock using this strategy, factoring in live conditions:
17th - Stopped out
18th - Win 2x
19th - BE, maybe tiny profit
20th - No trade
21st - No trade
24th - No trade
25th - BE or tiny profit
26th - Win 2x (just, probably not filled)
27th - Stopped out
28th - No trade
1st July - BE, nothing
2nd - No trade
3rd - No trade
Also, one week isn't "backtesting". 5 years, maybe.
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?
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.
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!
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?
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.
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!
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
Today this setup played well on NQ. I missed because I was looking for something else. But it gave 100 points from the low level of the initial range
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
Backtesting for 1 week is useless. I'm sure you know that already? backtesting should be done for a minimum 1 year to know if the strategy has an edge or not
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?
Excellent summary of your ORB retest strategy. It's more conservative than the traditional ORB, which often reverses on me.
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
You had have to show you doing live trade than video tape it and put it on your ch utube.
You must show your platform live c
Forex chart with a clear view of your buy and sell icon buttons
You must show ' On Spot'. This is good for scalping.
Make sure your viewers can see it clearly
I have videos of my live trading on my RUclips. This is video was for education and explaining the strategy
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Carla Koren.
I'm surprised that you just mentioned Carla Koren here. I met her at a conference in 2018 and we have been working together ever since.
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.
I'm new at this, please how can I reach her?
You trade with Carla Koren too? Wow that woman has been a blessing to me and my family.
Initially I was skeptical, until I decided to try. It’s huge returns is awesome! I can’t say much.
Bro what is exactly opening range ? What time of day?
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?
06:28 Why not SHORT after price retests the ORB bottom line?
07:44 Placed SHORT order just as the price retests the ORB bottom line.
What's the difference between the two cases? You might say first one, price move was not strong enough, but then what does it mean to be strong "precisely"?
He is not using price action at all 😂
Here's a question. Time in force for the trade? How long before you expire the trade to make the long or short?
interesting...def. gonna back test this on some of my stocks. Thank you!
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?
The 3rd day of the week doesn’t make sense to me. Where did you buy and where did you sell?
Very well done brother. Nucely explained and executed.. Thanks
I don’t understand what I am doing wrong.. out of five trades using this strategy I’ve lost four.. any tips or ideas?
bro I take notes in a notebook and study your material, this is way more comprehensive than I expected. deep respect.
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.
Is this Newyork opening time or London?
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 Mrs SONIA DIXON, 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.
Mrs SONIA DIXON 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 sonia dixon.
She must be really dedicated and well trusted for people to talk much good about
The fact that I got to learn and earn from her program is everything to me think about it, it's a win-win for both ways.
I'm favoured financially, Thank you Sonia Dixon. $32,000 weekly profit regardless of how bad it gets on the economy
Just one question, is this strategy to be applied in the general opening of the market or in the opening of NY?
Which market opening do you recommend? 😊
Crypto market is lucrative try it
On telegrams
CryptospaceLLC ✅
6:07 that level was probably in line with some other notable level; previous day’s close, a previously strong VWAP level, a time where high frequency trading bots kicked into high gear, etc
A lot of the times the opening range coincides with other key levels and have multiple confluences.
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?
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?
Great video man, you have such good insights and ideas and that is why trading and investing is only profitable when you got proper guidance like mines
Theresa option
Seen some good reviews on her , how do I connect
She’s mostly on telegaram with the name
Scam alert ‼️
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.
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!
is this applicable to cypto? have you tried to use this on crypto
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.
Is the $500 from only 1 trade per day? And how much do I need in my account to make $500 profit?
And are you trading with leverage?
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
First candle in Premarket? Or regular trading hours?
You shouldn't be recommending strategies without at least one year backtesting results to support it. One week is nothing Otherwise your videos do not have value as you're just picking random strategy from the list of strategies and explaining them to viewers.
I have personally back tested this strategy for a few years now. This video was a demonstration on what the strategy is and how to execute it. My job is not to back test the strategy for you.
From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
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!
This works incredibly well with forex. Gained a lot of profit thanks. 😊
What time then do you consider the 'start of the day' with forex?
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 ?
If you don't get a break and retest until like 6-10 candles later on the 5min do you still go with this strategy or do you just move on to the next day?
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.
I guess I am more of a beginner than I thought lol. I still have so many questions that Im almost embarrassed to ask. What software is used in this video? What are you talking about buying and selling? Options? It cant be shares because thats gains of pennies and there would be no benefit of buying on a downswing...
Thank you for the new input- will definately try this one!!
How to you pick stocks to watch at open for this strategy? The most volume, volatility?
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~
If you buy using this strategy and towards the end of the trading day the position doesn’t get closed out, do you sell or hold the position into the next trading day ?
Thank you
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.
There is plenty of discretion with this setup. Disingenuous to say there isn't. What exactly qualifies as a strong displacement. More than 1 ATR? How many candles after if you're using 1 min. How about 5 min. I think the strategy has potential but if you wanna be mechanical you gotta define everything.
Thanks for this ❤❤
Please does this work on currencies chart or is there a time tweak for the currency pairs ??
wow amazing strategy for blowing your account👏🏻👍🏻🤣
Can you define what displacement means to you? To me displacement means when a FVG is formed . Please advise. Thank you and love your style.
Correct best form of displacement is when a FVG is formed.
Thank you, love this strategy!!!!
Glad you enjoy it!
@@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 ?
On the video at 9:05 you have the green and red levels on the screen. How do you setup those to the tool? How do I setup those buy and sell actions?
Ur videos are amazing man . Always great and simple language ❤❤
Appreciate the love man!
On a 15 minute time frame, If the candles break through the low of the ORB during the last hour of the market with strong displacement towards the downside and retest exactly at the opening candle range low on the last 15 minutes of the market...would that be a confirmation to enter for a put before the market closes, confirming for the candles to continue on the downside for the next trading day opening?
Thank you so much for this video very informative.
Glad it was helpful!
This is an awesome video. Looks like a good send to me. This is what I was trying to study all morning. This video has just pop-up and gave me the clarity I needed. Thank you ever so much 🙏🙏
great thx. can you do live trades?
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.
Thanks Jack. Love your advice.
Appreciate it man!
what option expiration would you pick if the ticker is SPY? If I buy on Wednesday.
Nice, thanks for sharing this info with us
Why did you use SPY?
Like how do you choose what to look at or back check?
Large volume?
Thanx 4 this simple strat.