100R Gains: THIS forced me to change my trading strategy!
Рет қаралды 5,495
3 ай бұрынBoS and ChoCh rules will never be the same! (Thankfully)
Luckily, because of the broker feeds screwing up on our direction it forced a change in my decisions on how to read direction. We changed the rules for Breaks of Structure and Changes of Direction and are now (I think) facing the correct direction of the market up to 80% of the time. This means less stop outs and far bigger wins.
Don't forget - BoS and ChoCh are just a couple of 16 or so confluences that we use to trade the FTR way.
📲 JOIN MY DISCORD TRADING COMMUNITY - FTR TRADING 📲
shorturl.at/hKNTU
Join FTR's Sam on his trading journey
/ @samtradesforex
🔥 WANT TO KNOW WHAT BROKER I USE FOR AMAZINGLY LOW SPREADS? 🔥
icmarkets.com/?camp=66623
📈 MAXIMISE YOUR TRADING EDGE 📈
forextester.com/?P...
Use the coupon code: TFWP10FT
📈 CHART SOFTWARE 📈
bit.ly/3R6hARP
💡 VIDEOS TO HELP 💡
How to use the Inside Bar: • Inside Bar Trading Str...
Full Order Block Strategy 151% trading AUDJPY: • BACKTESTING ORDER BLOC...
Supply and Demand vs Support and Resistance: • Supply and Demand vs S...
Gaining 90% in just 2 days: • Order Block Trading St...
Reversal Trading Patterns: • SMC | Forex Reversal T...
35% available on EURUSD this week alone: • Price Action Trading |...
📽️ PREFER A PLAYLIST? 📽️
EURUSD Trading Strategy: • Order Block Trading St...
AUDJPY Trading Strategy: • Order Block Trading St...
XAUUSD Trading Strategy: • Order Block Trading St...
💵 FUNDING 💵
THIS IS WHERE I GAIN LARGER CAPITAL FROM (Trade up to $400k/£280k):
bit.ly/3hWSNzc
📸 SOCIAL 📸
Instagram - / realpaulmagee
*PLEASE NOTE*: There are a lot of people imitating my account - there is only one of me: @RealPaulMagee
DISCLAIMER
I am not a registered financial adviser and hold no formal qualifications to give financial advice. Everything that is provided in this video is purely for educational purposes only. All information here should be independently verified, researched, and confirmed.
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex Market, you should carefully consider your investment objectives, level of experience, and appetite for risk. Most importantly, do not invest money you cannot afford to lose.
@therealjeffg 3 ай бұрын
Thanks Paul….these videos are great
@TradeForexwithPaul Ай бұрын
Thank you mate!
@konradk_ 3 ай бұрын
Very useful video thanks! Could you please do a video on entries you take real time to increase win%? I find I get stopped out a lot before the trade goes in my direction
@TradeForexwithPaul Ай бұрын
Sure mate
@lucimilena1 3 ай бұрын
once I can afford it, I will come in the group, still a looooong way to go before I become profitable greetings from Bulgaria
@shanghai2058 3 ай бұрын
You will get there, no need to hurry
@TradeForexwithPaul 3 ай бұрын
I agree with this. No hurry at all
@lucimilena1 3 ай бұрын
@@shanghai2058 thanks man, very kind of you
@christopheramirian433 3 ай бұрын
Interesting method. I wonder if you have one level of minus entry on your fibonacci tool, how would it affect starting in trades that take liquidity and then go to your way. And I wonder how much it will affect your RR per trade and overall win rate. It surely will reduce RR, but don’t know well it justify if the win rate improves?
@TradeForexwithPaul Ай бұрын
Very very good idea mate
@TradeForexwithPaul Ай бұрын
Actually, try to combine that with using a stop order if you can be at the charts and I think you'll be golden
@curiouskittycat5977 3 ай бұрын
Same here for Jan. I was full of will to do great in 2024 and it was just bad week after week.
@TradeForexwithPaul 3 ай бұрын
Was horrendous. Luckily the last month has been amazing
@curiouskittycat5977 3 ай бұрын
I wasn't around for the amazing part, but I am back. :) Thanks for the backtesting videos. Can't wait to catch up with real time. @@TradeForexwithPaul
@liamgoulding3445 3 ай бұрын
Hi Paul, do you only trade EUR USD or all the pairs? and do you have a preferred time of day to trade ?
@TradeForexwithPaul Ай бұрын
I trade EU only atm. I used to trade 14 pairs + oil & gold. Pre london, or literally post spread hours are my favourite times.
@liamgoulding3445 Ай бұрын
@@TradeForexwithPaulwhat time is post spread hours? What time do you usually trade then?
@successmaniaks6323 3 ай бұрын
How are the legals going mate on the new signals service..cant wait with this new strategy😅
@TradeForexwithPaul Ай бұрын
1 week :)
@davidmaxwell3427 2 ай бұрын
so what is the point of the Daily UP and H4 UP if you trade shorts?
@TradeForexwithPaul 2 ай бұрын
You can trade short term CT but I don't make it that clear in this video. Might make one specifically for CT
@ExeterMitchuk 3 ай бұрын
Again another Goat video - Can i ask what was it that made you change the strategy and how did you change it Boss.?
@lildgamedev6885 3 ай бұрын
The change was a choch with only a wick is now treated as a choch extension, instead of flipping bos and choch. So in order for the trend to change you need a body close of the H4 candle of choch, hope that makes sense!
@ExeterMitchuk 3 ай бұрын
Thanks Boss. Need my fix of backtesting vids bro.@@lildgamedev6885
@TradeForexwithPaul Ай бұрын
This guys got it :)
@pettersyrstad9050 3 ай бұрын
Have myself been trying to trade my own strategy (unprofitable), but do you think considering higher timeframes is necessary?
@fx_raj 3 ай бұрын
Absolutely yes. Always correlate price action with the HTFs.
@TradeForexwithPaul Ай бұрын
100%
@Patrick-xg4ob 3 ай бұрын
Hey Paul. Thanks for the video. Which prop firms have been messing people around lately ? Is ftmo still considered a good prop firm ? Thanks
@TradeForexwithPaul Ай бұрын
FTMO is the only one I trust... still, awful set of rules - designed to make you gamble, not trade. Try to trade your own funds mate.
@Patrick-xg4ob Ай бұрын
@TradeForexwithPaul Thanks Paul. May i ask why it is designed to make us gamble ?
@TheTaei 3 ай бұрын
I saw you trade buy and sell on M15 . What are the meaning of Weekly down , daily up , H4 up ?
@aliiranidoost 3 ай бұрын
Direction of the last Bos on those TFs as trend bias
@Beebeepbooboop 3 ай бұрын
Watch his older videos where he explains it
@Beebeepbooboop Ай бұрын
@Paramdnl "the only trend strategy you need" and "inside bar strategy". Check those out. Watch his backtest vids on 2x speed later if you want
@TradeForexwithPaul Ай бұрын
Thanks guys :)
@nkanyisobubele311 3 ай бұрын
your signal service willbe the best in the market with this upgrade, whats the update on them?
@TR-vb3ni 3 ай бұрын
If you don't know what the update is, how on earth do you know how good the signals will be? Complete nonsense
@TradeForexwithPaul Ай бұрын
Out of legals now mate. Just waiting to start. 1 week away I think
@steveniannelli2756 3 ай бұрын
What is your favourite session to trade?
@JishnuPalakkattu 2 ай бұрын
Newyork
@TradeForexwithPaul Ай бұрын
Asia
@johnmc8722 3 ай бұрын
I’m not following what your title is saying. Did something change with your strategy?
@TradeForexwithPaul 3 ай бұрын
Yes mate. Subtle but massive difference
@curiouskittycat5977 3 ай бұрын
What it was? I haven’t heard the explanation. Perhaps the no wick bos or choch?
@EzioTrader 3 ай бұрын
Well said i lost 10k funded account.
@TradeForexwithPaul Ай бұрын
They are nasty mate
Trade Forex with Paul
Рет қаралды 4,1 М.
My First Million
Рет қаралды 1,6 МЛН
Trade Forex with Paul
Рет қаралды 4,4 М.
Trade Forex with Paul
Рет қаралды 12 М.