One Week of Scalping and Day Trading The BEST Forex Strategy
Рет қаралды 3,559
Күн бұрынThis is how to use the FTR Forex Trading Strategy while Day Trading AND Scalping.
The concept is simple: Price moves zone to zone, it's how the markets move. We use Bos and Choch for directional bias to assist, and try to take trades in the same direction as the trend.
Here are a few timestamps to help:
00:00 Intro
00:33 Start
01:00 How to do multi timeframe analysis
12:04 The best way to trade the Asia session
13:41 Backtest with me
26:57 How to scalp points of interest
📲 JOIN FTR TRADING MARKUPS 📲
www.launchpass.com/ftr-tradin...
📲 JOIN MY DISCORD TRADING COMMUNITY - FTR TRADING 📲
shorturl.at/hKNTU
🔥 WANT TO KNOW WHAT BROKER I USE FOR AMAZINGLY LOW SPREADS? 🔥
icmarkets.com/?camp=66623
📽️ PREFER A PLAYLIST? 📽️
EURUSD Trading Strategy: • Order Block Trading St...
📸 SOCIAL 📸
Instagram - / realpaulmagee
*PLEASE NOTE*: There are a lot of people imitating my account - there is only one of me: @RealPaulMagee (Blue Tick)
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.
@samtradesforex Ай бұрын
Man! Your insights are always gold! fired up for the trading week ahead!
@TradeForexwithPaul Ай бұрын
Thanks dude. Will be a good week for sure
@lucimilena1 Ай бұрын
glad to see it all going well, I am studying the smc so that I can practise with you later on, thanks for this video and greetings from Bulgaria
@TradeForexwithPaul Ай бұрын
Thank you. Take a lot of SMC with a pinch of salt. Key thing to learn is true liquidity... figure out why the market moves rather than just how
@tonysmith7449 Ай бұрын
Hi Paul, thanks for your knowledge in the market. Really appreciate it
@TradeForexwithPaul Ай бұрын
Thanks Tony!
@carlnevitt1 Ай бұрын
Great video as usual
@TradeForexwithPaul Ай бұрын
Thanks Carl mate
@cluelesscapitalgroup Ай бұрын
Back in the Discord. LFG!
@TradeForexwithPaul Ай бұрын
Hell yeah dude
@ivanraulruiztorres2270 26 күн бұрын
Hey paul, thank u brother, im in your discord and still green, but damn I'm getting there fast af, it's amazing even the way i see the charts has changed 🎉😊 I'd really love more of these videos because they show me the tought process of FTR, and I cant get enough of it
@TradeForexwithPaul 20 күн бұрын
Thank you mate, apologies - just seen this. Welcome to the group!
@jonathanlee5185 Ай бұрын
👍Thanks. 👍
@TradeForexwithPaul Ай бұрын
You're welcome mate
@lildgamedev6885 Ай бұрын
Another banger paul! Do us in the group get any access or discount to the markup service?
@TradeForexwithPaul Ай бұрын
Hey mate. Thank you. Yeah! At the moment I'm gonna provide it for free to guys in the group currently. That will always be the case for those in right now but new people coming in after the end of the week it'll be discounted
@souravpareek8855 Ай бұрын
Hey Paul I am your big fan l. I am from India Can you make video on moving average startegy. If yes then it is so helpful for me Love you ❣️❣️
@TradeForexwithPaul Ай бұрын
Thank you mate. I'll do a MA vs what I do I think 🙌
@HeWoreSkeletons 27 күн бұрын
Refers to asian session "It's only one country". I can understand forgetting about NZ but don't forget about us in AUS. 😜
@peterpadlock8180 28 күн бұрын
17:48 - FRACTAL
@TradeForexwithPaul 28 күн бұрын
That's the word!!!
@oantrung3024 Ай бұрын
Hello, may I ask: if I join FTR, with the changes from January, can I learn to identify choch, bos, zone in a mechanical way or discretionarily? Additionally, what can I get from the Discord group? Can you make a video updating the content of the Discord? Thank you.
@TradeForexwithPaul Ай бұрын
Hello, mate. Thank you for the question. Yes, there are videos in discord to show the updates. And I will happily do a new video on youtube to show what the discord looks like
@CommissioningCoach Ай бұрын
Hello Paul, Is in your Discord Trading Community (GBP 135 per month) as well the FTR Trading Markups (GBP 100 per month) included?
@TradeForexwithPaul Ай бұрын
Hello, mate. They are 2 separate services in the discord group. You will likely get those entries plus more just due to everybody else trading as well.
@CommissioningCoach Ай бұрын
@@TradeForexwithPaul I understand these are two different services. In order to learn the method you teach as fast as possible - what service do you suggest? Discord Trading Community or FTR Trading Markups?
@TradeForexwithPaul Ай бұрын
Ahh got you. Discord
@successmaniaks6323 Ай бұрын
Is the 12R on markup service the total for the week? Im joining this week mate❤ Are you providing the markups or someone else?
@TradeForexwithPaul Ай бұрын
No mate, it was just one trade. I haven't tallied it yet but there was far more areas called out
@forexjourneywithjames Ай бұрын
Quality Video buddy, so many golden nuggets in this video alone, there are so many levels to this game and FTR and so many of the guys in there now are leading the way :) LFG!!!
@TradeForexwithPaul Ай бұрын
Thanks. James much appreciated, mate. Really appreciate all your hard work as well
@stevefitchett6193 27 күн бұрын
so at a 25-30$ win rate you'd be statistically better trading the exact opposite of your strategy. Take the data and look at how often the trade gets to half TP and then fails. If its higher than 50% set an order at half TP in the opposite direction with TP as the stoploss. Target 24 for example. I appreciate that you are net positive due to R/R but you could add a huge amount to your p and L with a reverse hedge knowing you are incorrect so often.
@nealmcevoy5574 25 күн бұрын
Thats completely illogical because you're not looking at the directional bias... you may not get the first couple of entries correct, but when you do it runs on to be a monster... if you took the reverse of the trades, they'd more than likely all lose because (even though it moved in the right direction initially) it would go on to reverse and head in the direction of the trend.
@stevefitchett6193 25 күн бұрын
@nealmcevoy5574 except its not illogical at all. Its mathematically correct. Its almost like you don't understand simple numbers
@TradeForexwithPaul 20 күн бұрын
Almost! I agree with the sentiment of what you're saying @stevefitchett6193 but it doesn't work quite like that. If I had an open-ended SL, then yeah, definitely; doing the opposite would be wise. Have a positive RR over the W/L rate and you'll always be profitable over a few trades
@lucimilena1 Ай бұрын
what is your backtesting programma?
@TradeForexwithPaul Ай бұрын
How do you mean?
@lucimilena1 Ай бұрын
@@TradeForexwithPaul what backtesting programma do u use? forex replay, forex tester......or just tradingview premium
@TradeForexwithPaul 27 күн бұрын
Ah, just tradingview as its what I use to live chart on as well
@IgorVolyn Ай бұрын
With the un proven claims you make you should be able to afford a haircut and better t-shirt) Let me guess more back testing)
@TradeForexwithPaul Ай бұрын
Mate. Sort your life out
@MrChubby1997 Ай бұрын
His results/data prove that his strategy is profitable, regardless of how he looks. He showcases in alot of other videos how profitable the strategy is assuming you were to take every trade possible and hold till TP is hit and its insane. Mocking the hair and t-shirt is just lame since that isn't revelant...
@TradeForexwithPaul Ай бұрын
@MrChubby1997 thanks mate. @IgorVolyn I'm sure is super handsome and amazingly profitable as he's got plenty of time to watch videos on how to trade properly 👌
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