EASY GOLD Scalping Forex Strategy in 5 min Chart : ⚡WARNING ⚡Not For Everyone!!

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  • Опубликовано: 15 окт 2024

Комментарии • 372

  • @TheKing9952
    @TheKing9952 2 года назад +46

    This guy is the best teacher ever seen on youtube. Many gurus charged a fortune to teach half of what he shared free on his channel, i am your biggest fan bruh.

    • @forexWizard
      @forexWizard  2 года назад +2

      Thank you my friend 🥰

    • @morekolodimpedi5189
      @morekolodimpedi5189 2 месяца назад

      True, selfless best of the best,and he is genuily doing it not for likes but to help the needy

    • @morekolodimpedi5189
      @morekolodimpedi5189 2 месяца назад

      ​You are the best and genuine sir❤

  • @gardnertradinghouse6390
    @gardnertradinghouse6390 2 года назад +162

    *Every family has a person who breaks the chain of poverty. I hope you will be that person!!*

    • @gardnertradinghouse6390
      @gardnertradinghouse6390 2 года назад

      Getting money is an issue that everyone has needs in order to live a better and luxurious life. Life was difficult for me until i began trading,and I'm now earning a lot of money even with the current crash happening in the trading market. I still make gains using a better strategies....

    • @marvlimann9275
      @marvlimann9275 2 года назад

      @@gardnertradinghouse6390 Hello

    • @marvlimann9275
      @marvlimann9275 2 года назад

      How could you walk me through , im new to trading..How did u did it?

    • @barryhart2303
      @barryhart2303 2 года назад

      Every financial goal requires patience, dedication and consistent spirit knowing that trading is currently the most lucrative business in the world

    • @stellaward7884
      @stellaward7884 2 года назад

      @@gardnertradinghouse6390 I stumbled upon one of your clients TESTlMONIES SIR Gardner decided to try it out ...
      Now im getting my third cashout in two days

  • @galvingibran5940
    @galvingibran5940 3 месяца назад +3

    So far I am not scalper. By watching this video I hope can apply on the market and become profitable scalper.

  • @gkonepostc-1950
    @gkonepostc-1950 2 года назад +6

    It's a fortune coming across you. A beginner like me will ever be grateful. Thanks.

  • @bhaktagurung7855
    @bhaktagurung7855 Месяц назад +3

    The best strategy never watched. Thank you

  • @ArunKumar-ez3dl
    @ArunKumar-ez3dl Месяц назад +1

    I'm just a novice in trading. Still watched it because of your knowledgeable content. Sir, kindly create a content for newbies on which timeframes to use for entry and exit.

  • @wkeddy6371
    @wkeddy6371 2 года назад +6

    really a wizard... very excellent teacher.... clear and precise step by step .... God bless you

    • @forexWizard
      @forexWizard  2 года назад

      Thank you for your appreciation 🥰

  • @BobbyRothwell
    @BobbyRothwell 2 месяца назад +3

    Hello sir, you have a friend from NIGERIA.. God bless you for putting this video here...

  • @umairkhan5157
    @umairkhan5157 Месяц назад +1

    Amazing knowledge and mentioned a lot of things in a free youtube video, hats off to you sir.

  • @ronsherrod
    @ronsherrod Год назад +1

    SOOO much truth in the opening. Some people should not scalp, some people LOVE it!

  • @taniacherry8115
    @taniacherry8115 Год назад +2

    Clear instructions helping me greatly. Multiple timeframes have been so confusing until now. Thank you.

    • @forexWizard
      @forexWizard  Год назад

      You're welcome 😊

    • @clementa6418
      @clementa6418 Год назад

      Sir, do the 4hrs engulfer candle has to close before switching to 5 mins timeframe?

  • @slowtalker8583
    @slowtalker8583 3 месяца назад +2

    So simple yet effective. Completely amazing.

    • @forexWizard
      @forexWizard  3 месяца назад +1

      Glad it was helpful!

    • @slowtalker8583
      @slowtalker8583 3 месяца назад

      @@forexWizard I understand why you say you have to be patient. It’s very important.

  • @ahmadIshak-z7n
    @ahmadIshak-z7n Год назад +2

    Hi Dear Nizam - Salam, In order to wait for a complete engulfer candle fromation in 4hrs TF. We need to wait about 1-1.5 days for complete formation, Right ?. Thanks for your knowleedge sharing.

  • @mukit123
    @mukit123 2 года назад +3

    You are a very good teacher, you explain everything so clearly. Hats off to your work.

  • @kennethayah1617
    @kennethayah1617 Год назад +1

    Thank you so much 🎉🎉 please how can i find the summery link to this lesson? Thanks

  • @dediatib6573
    @dediatib6573 8 месяцев назад +1

    Wow, the real guru found on RUclips for free, thank you very much 🙏🙏🙏

  • @godwinamaechi9771
    @godwinamaechi9771 3 месяца назад +1

    Thank you very much,your teaching is priceless.

  • @Feggytv
    @Feggytv 3 месяца назад +2

    wow what an explosive strategy?will be trying them out this week and hoping to return for testimonies

  • @tabassumghufran3129
    @tabassumghufran3129 Месяц назад +1

    Thanks a lot, way of education is extra ordinary, way of explaining the technical movement of trade is highly Highly appreciated. Thanks Again. May Allah bless you always

  • @noortaj9204
    @noortaj9204 Год назад +1

    The Great personality, with a true spirit and higher knowledge, of success, freedom, and the next level of prosperity.

  • @nitesh288
    @nitesh288 2 года назад +3

    Most valuable & informative strategy... Hats off sir.
    Thank you 🙏 for sharing

  • @lulamamhlongo5247
    @lulamamhlongo5247 2 месяца назад +2

    Your videos have a lot value...keep up the awesome work

  • @goodluckmoses2899
    @goodluckmoses2899 Месяц назад +1

    Great thanks Sir I hated scalping but I will do.

  • @TonboonBoonraksa9283
    @TonboonBoonraksa9283 Год назад +1

    Thank you very much, it's a great strategy. Love U Love U.

  • @clarankonde565
    @clarankonde565 Месяц назад +1

    I like your strategy simple and understanding

  • @achille1577
    @achille1577 8 месяцев назад +1

    More power shooting start ( or Hammer candlestick )?

  • @haroldmonceda1021
    @haroldmonceda1021 Год назад +1

    Thanks for your tutorial, it's a big help for a beginner.

    • @forexWizard
      @forexWizard  Год назад

      That’s what my purpose to help out traders. Thanks

  • @allyouneedtoknow3264
    @allyouneedtoknow3264 Год назад +1

    Love your videos from Nigeria,i just subscribed

  • @krivasgig
    @krivasgig Год назад +1

    Awesome info.
    Would this strategy work on the 1-minute frame using a bullish/bearish engulfed on the 1-hour time frame?
    A video of that would be awesome if you can. Thx

  • @Sucesstradingsucesstrading
    @Sucesstradingsucesstrading 11 месяцев назад +1

    The teaching was awesome , guru . . .

  • @NidayFright
    @NidayFright 2 года назад +1

    WOW thank you so much for teaching us all! really easy to follow!! im testing it right now on XAU and works!

  • @adhaadha6182
    @adhaadha6182 Год назад +1

    Do u wait for the h4 engulf candle to close?

  • @serabepetrusmofokeng3663
    @serabepetrusmofokeng3663 2 года назад +3

    Wow thank you sir what a wonderful teaching by helping us who are in needs of training God must surely bless you sir for us

  • @derdghum
    @derdghum Год назад +1

    i love the way you explained ,, very informative ... Thanks

  • @mantrader677
    @mantrader677 2 года назад +3

    Smashed that like button!
    Thanks and bless you for sharing your knowledge and you are a gonna go places!🥰

  • @AdeAdewale-g1b
    @AdeAdewale-g1b Месяц назад +2

    HOW DID YOU MEASURE THE TAKE PROFIT LENGHT

  • @ganesanarumugam7873
    @ganesanarumugam7873 Год назад +1

    Thank you very much Mentor Nizam, for your very clear explanation and sharing your experiences, truly appreciated.

  • @RupuFashionHouse
    @RupuFashionHouse 4 месяца назад +1

    Really great ❤❤. I have learned huge what others dont provide.

  • @omooghene1819
    @omooghene1819 Год назад +1

    Please how do you calculate your risk to reward?

  • @airtrip3275
    @airtrip3275 2 года назад +1

    Just great sir, Thnk you. I think I will recover my all losses now. No one teacher like him. My Almighty bless you.

  • @AmirulBrr
    @AmirulBrr Год назад +3

    Can anyone explain why do we wait for the full breakout at the support at 13:35, while for other setup we just wait for the breakout of the flag structure ? like at 19:50

    • @AmirulBrr
      @AmirulBrr Год назад

      is it because the one at 13:35 is an actual support and the one at 19:50 just the shadow ?

  • @nobody-pc9no
    @nobody-pc9no 5 месяцев назад +1

    Best teacher in trading ,keep going on Mr. Wizard ❤❤❤❤❤

  • @kamalpankaj9138
    @kamalpankaj9138 2 года назад +1

    I think this strategy should not be used during newsevents when the trend can take a swing at any direction right?

  • @MPlain
    @MPlain Год назад +1

    I'm looking at this chart at 5:36 and ya. the next one is red.
    Look left
    What do you see?
    I see a strong support zone. It gets tested to the upside and then to the downside. The room for further up here is quite limited therefore a sell is very safe.
    I sell right now. and i hold all the way to the last low. OR lower.
    Yes i know that's not a scalp trade because it's a 4 hour candle.
    The principles are the same.
    What works on a 5 minute for less then a minute works the same on a 4 hour but for like an hour or so.
    EDIT after he hits chart replay
    Note my trade hits TP 1960 to 1940. $20 on gold. This is 200 pips folks.

  • @djamesime8171
    @djamesime8171 2 года назад +2

    Thank u d FOREX WIZWARD ,dis is awesome ,i need a help how to to place my pending order ,price dnt always hit my buy LIMIT or SELL LIMIT.

    • @forexWizard
      @forexWizard  2 года назад

      Thank you, I will make separate video on it

  • @truckertrucker3269
    @truckertrucker3269 11 месяцев назад +1

    your strategy is great my friend! it works perfectly

  • @bramovsk
    @bramovsk 2 года назад +1

    good. I might add that working with midi is much much easier in soft.

  • @钟奇-n6f
    @钟奇-n6f 2 года назад +5

    Good Job, very clear for new 🐦. Don't forget to smash the like button.

  • @Faisal281080
    @Faisal281080 2 года назад +4

    I have seen many videos, but no one like you has taught me so easily.Thank you so much__Much ❤️ God bless you👌👌

    • @forexWizard
      @forexWizard  2 года назад +1

      Thank you for your appreciation and support 🥰

  • @johnong9743
    @johnong9743 2 года назад +2

    Hi Sir Must I wait for the 4 h candle to close before i look at 5 min ? Thanks a lot

  • @hijambitaleima7596
    @hijambitaleima7596 2 года назад +1

    This is video I very glad so happy.thank Bro , I Wana be indicater..but 3 line or 2line moving indicater how to use?

    • @forexWizard
      @forexWizard  2 года назад

      2 links , there is another video on indicator
      You can watch them on channel

  • @amoskhumalo3509
    @amoskhumalo3509 2 года назад +2

    From the bottom of my heart thank you very much, i understand you crystal clear,

  • @alejandroroal990
    @alejandroroal990 8 месяцев назад +1

    Wow! What a great video. Thank you!!!

    • @forexWizard
      @forexWizard  8 месяцев назад +1

      Glad you liked it!

    • @alejandroroal990
      @alejandroroal990 8 месяцев назад

      Hello Master Teacher, would you please make a video of scalping 1m gold...@@forexWizard

  • @AustineOtega
    @AustineOtega Год назад +3

    You are Indeed A Good Mentor Your Explanation is Extremely Amazing Even a Newbie Understands So easy.... God Bless You Sir

  • @floranote3197
    @floranote3197 2 года назад +2

    Excellent teacher. Very clear. God bless you.

  • @shansalim9998
    @shansalim9998 Год назад +1

    It was a wonderful lesson learned now for scalping. You are a great coach. God bless you.

  • @dinaadjirianto458
    @dinaadjirianto458 2 года назад +1

    thanks Mr .....Peace and love from Indonesia

  • @MPlain
    @MPlain Год назад +1

    can you hold a trade for 10 seconds.
    and make money doing this
    Then you are a scalper

  • @alirajpoot1011
    @alirajpoot1011 2 года назад +4

    Best teacher ever sir love you 🥰🥰🥰

  • @heartbreakyoda8586
    @heartbreakyoda8586 Год назад +1

    Excellent - very clear and informative, will check out you web site

  • @jonathantan3690
    @jonathantan3690 4 месяца назад +1

    Good video but need to improve on the entry confirmation rules. Thanks.

  • @desiguyop
    @desiguyop Год назад +2

    Thanks sir 🙏🏻🙏🏻🙏🏻🙏🏻
    Please new video in gold scalping 5 min
    Love from INDIA
    please sir gold scalping ❤❤❤

  • @hot_fun_videos
    @hot_fun_videos Год назад +1

    thank u , the problem with this strategy is we must wait and wait to see the 4H candle make what u say so sometimes it take 1 or even 3 days and thats not really scalp if u wait days to find a position

  • @shujabinamjad7159
    @shujabinamjad7159 3 месяца назад +1

    Amazing!!! Love from Pakistan.

  • @vhope776
    @vhope776 6 месяцев назад

    Thank you Lord, I found this..more you tube video I've watched but you is the one i understand..

  • @Sam_04s
    @Sam_04s Год назад +2

    I considered subscribing you❤

  • @charlesprabhuraj7714
    @charlesprabhuraj7714 Год назад +1

    Wow excellent teaching 🎉

  • @prophetbonang
    @prophetbonang 2 года назад +1

    Cannthis strategy be used on Nas100?

  • @AbigailBaatjes-e1f
    @AbigailBaatjes-e1f 6 месяцев назад +1

    Just wana say thanks a million u just change my way of trading thanks

    • @forexWizard
      @forexWizard  6 месяцев назад +1

      Glad to hear that 😊😊

  • @michaelaragon2379
    @michaelaragon2379 Год назад +1

    Very nice and clear explaination sir,,thank you

  • @aroos.Akurana
    @aroos.Akurana 5 месяцев назад +1

    wou fentastic it works perfectley thank you sir

  • @TuahUSD
    @TuahUSD 3 месяца назад +2

    Very good education

  • @vhope776
    @vhope776 6 месяцев назад +1

    Clear explaination...thank you..

  • @thatodikgetsi2459
    @thatodikgetsi2459 11 месяцев назад +1

    Thank you Sir nuff respect, this is all i ever needed to start my trading journey

  • @Sasikumar-ck1zm
    @Sasikumar-ck1zm 2 года назад +1

    Very nice explain step by step scalping trade , thankyou so much sir.

  • @nikosvoros9387
    @nikosvoros9387 2 года назад +1

    This startegy can be used only in a downtrend in the first pullback after an uptrend or it can be used also in the second or even third pullback of a down trend? Thank you.

    • @forexWizard
      @forexWizard  2 года назад

      You are most welcome 🥰

    • @forexWizard
      @forexWizard  2 года назад

      You can use it in all situations

  • @denizyagmur8948
    @denizyagmur8948 Год назад +1

    hi bro does it work on cripto ??? pls answer

  • @jamalbouskou5961
    @jamalbouskou5961 2 года назад +2

    Simple and Effective , Good Job
    Thank you

    • @forexWizard
      @forexWizard  2 года назад

      Thank you Jamal for your generous comments

  • @markman1276
    @markman1276 2 года назад +3

    Great thank you for everything including clear explanation.

  • @Otaku-hr9mu
    @Otaku-hr9mu 2 года назад +1

    Hi! great contents there!
    Just curious when do we use the slanting line of resistance and horizontal line of resistance to place our pending market orders?
    In the 1st example, you used the slanting line of resistance, and for the 2nd example, you used the horizontal line of resistance. When do I know which one to use in a bearish trend?

    • @forexWizard
      @forexWizard  2 года назад

      Hi Otaku, as you may not find always same kind of structure, always use whichever comes first to make sure your trade is triggered

  • @ShacabkaSoomaaliya
    @ShacabkaSoomaaliya 4 месяца назад +1

    Thank you thank you thank you very much.

  • @JohnDuncan0347
    @JohnDuncan0347 2 года назад +1

    I assume that if on the 5 min chart, the number of 5 minute periods exceeds another 4 hour mark without a breakout, then the setup is no longer valid?

  • @sgglobal-kr3pm
    @sgglobal-kr3pm 5 месяцев назад +1

    SMASHED the Like 👍 Button 100 💯 timez .You are awesome 👌

  • @etaajayi4819
    @etaajayi4819 2 года назад +1

    Thank you sir. Please can I use it to trade crypto too

  • @antonykaroki8210
    @antonykaroki8210 Год назад +1

    Hello. How do you draw that triangle

  • @cindyaguilar593
    @cindyaguilar593 2 года назад +6

    What a simple yet highly effective strategy! Many traders will find this very helpful. I myself will apply this strategy in my trading. Thank you so much for sharing sir!

    • @forexWizard
      @forexWizard  2 года назад +1

      Great to hear from you Cindy. Thank you for your support 💙💙

  • @faiths8739
    @faiths8739 2 года назад +2

    Sir Wizard, your scalping strategy is very helpful. I just want to clarify, if I saw engulfed in support/resistance should I wait for the candlestick to finish or I can immediately go to 5m timeframe?

    • @bizimanaeugene7365
      @bizimanaeugene7365 Год назад

      According to my understanding wait for candle to close and identify the structure

  • @AliAsaadNdugwa-pc2qy
    @AliAsaadNdugwa-pc2qy Год назад +1

    You man you are so genius wa llah. Bytheway thanks so much

  • @stevewee
    @stevewee 2 года назад +1

    Sir Wizard, your scalping strategy is very interesting. May I know the win rate of this strategy from your experience? Thanks.

    • @forexWizard
      @forexWizard  2 года назад +1

      Most welcome 🥰

    • @stevewee
      @stevewee 2 года назад

      @@forexWizard Can u share the win rate of this strategy?

    • @stevewee
      @stevewee 2 года назад

      Sir, can I use the 200 ema & trendline to determine the trend in H4?

  • @splinter2804
    @splinter2804 2 года назад +3

    this was very nice, thanks for this info

  • @emmaikolo6400
    @emmaikolo6400 2 года назад +1

    what if the bear engulfing candle is formed on a support

  • @djamesime8171
    @djamesime8171 2 года назад +1

    Dear Forex Wizard,pls do u place ur pending order 5pips or 10 pips from ur support or Resistance?pls i need help on dis.thank u

    • @forexWizard
      @forexWizard  2 года назад

      I will make a video

    • @djamesime8171
      @djamesime8171 2 года назад +1

      @@forexWizard the will b awesome

    • @djamesime8171
      @djamesime8171 2 года назад

      Am ur no one fan from NIgeria,i love the way u teach ,i have bn struggling with trading the forex market for 3yrs now but with ur teaching am beginning to understand key principles,thank u

    • @forexWizard
      @forexWizard  2 года назад +1

      @@djamesime8171 Great, I am sure you will be successful 💙

  • @anthonychima1321
    @anthonychima1321 2 года назад +1

    Man you are God sent. Thank you very much.

    • @forexWizard
      @forexWizard  2 года назад +1

      Most welcome 🥰

    • @anthonychima1321
      @anthonychima1321 2 года назад +1

      @@forexWizard :Believe me am joining your academy next week

    • @forexWizard
      @forexWizard  2 года назад

      @@anthonychima1321 awesome, I will see you soon!

  • @zihta3361
    @zihta3361 4 месяца назад +1

    Thank you so much

  • @Riochi94
    @Riochi94 2 года назад +1

    Does this strategy work for MT4/MT5. I'm not using trading view

    • @forexWizard
      @forexWizard  2 года назад +1

      Hi Digital Sports, all strategies works better in MT4 , specially gold . So, yes much better in MT4

  • @dreamlanddream
    @dreamlanddream 2 года назад +1

    great and do you also say about crypto

  • @tarashbermudez6508
    @tarashbermudez6508 5 месяцев назад +1

    You're awesome man!!

  • @cinghialenta
    @cinghialenta Год назад +1

    number one, man! ❤

  • @cpt8356
    @cpt8356 6 месяцев назад +1

    Super smart ways brother

  • @yosimadsu2189
    @yosimadsu2189 2 года назад +1

    Wow, it seems promising. I'll make expert advisor and back test it. Thanks 🙏

    • @forexWizard
      @forexWizard  2 года назад

      Great!

    • @niteshgodara903
      @niteshgodara903 2 года назад

      hey buddy, did you got any good results ?

    • @yosimadsu2189
      @yosimadsu2189 2 года назад

      @@niteshgodara903 Nope, defining convergence lines like that is not easy. Despite the method was not doing well when back tested.