Simple Price Action BREAKOUT STRATEGY That Will Change The Way You Trade

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Simple Price Action BREAKOUT STRATEGY That Will Change The Way You Trade

Рет қаралды 141,464

Күн бұрын

You asked me for a simple breakout strategy, so here it is. I sure hope you find success with this approach to the markets. Remember to backtest and forward test this strategy before trading real money.
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Пікірлер: 335

@RockzFX 3 жыл бұрын

When I was selecting the replay mode I was not aware it was working until I watched this back LOL! Anyway I hope you all find this useful.

@dawoodjanan4167 3 жыл бұрын

Amazing session 👍.. My take away for this session : 1. Breakout strategy is always less favorable vs trending & reversal markets (you being very experienced trader and marketing creating these type of opportunities in breakout can be handled only by an experienced trader) 2. Lot of SL/BE were involved and will always be the case when it comes to breakouts (this part can lead to big time frustration and not being patience will lead to stupid decision of messing up with money management part) 3. All these trades were taken on purely 1h tf whilst almost all the traders will always scale down to lower TF and then make a script of how to take the trades with tight sl. We all knew by now what happens wil tight sl in breakout market Once again, it was an amazing session but thought to share my take aways so I can be mindful of that + other viewers can take a note as well rather than trying to go all in. Keep up the good work and can't wait for your next video

@prosperesin 3 жыл бұрын

The legend, when i want to backtest, I srcoll(shrink) the chart into a straight line, that way have no idea how it looks, then I just choose. Hope it helps. Love the content you are a God sent

@alexanderemmanuel2580 3 жыл бұрын

The first trade you took would have hit break even on a live market due to spread

@Gold_trucker 3 жыл бұрын

U trade 12 trade rock 😂😂😂😂

@wesley-nr7jv 3 жыл бұрын

@@prosperesin shrinking the chart is smart af bro. Thanks for sharing that🙏

@kikollorin 3 жыл бұрын

One of the best legit mentors out there!

@falconrebel7595 3 жыл бұрын

100% agreed

@catamaran303 3 жыл бұрын

Rockz, do this type of trading more often. Blind selection of dates and pairs. Good going.

@tooshlong 3 жыл бұрын

I love how humbling the markets are. Even for those of us trading years this frustration is pretty standard and it's great to see others feeling the same thing when the doubt sets in. Always comes through in the end when we stay disciplined!

@PlayThatGameDE 3 жыл бұрын

I absolutely love this realness of trading and backtesting! I'm proud to be a member of your Academy. Would have really loved to see your face at 38:00 though :D

@ReeveJonathanA 3 жыл бұрын

This video was as good as you trading live. Felt like I was active on the market watching this. Excellent video Rockz, thank you!

@jakepainter3895 3 жыл бұрын

This is a video that no one else has ever done! Love that we can see what you are thinking right as it is playing out in front of you! Thank you man!

@moteldanny1 3 жыл бұрын

time to come back to review these lessons, thanks bro, every time I came back, I learnt something new, god bless! GOAT

@santyk9211 2 жыл бұрын

Please keep doing this. I could see trader emotions in every minute of this video. You made my day man. Dam dam gold content. Trading is not making money trading is way of life and if we are consistent and confident with what we do will be successful in days to come.

@tarekal-shamky6515 3 жыл бұрын

19:23, bruv I felt that frustration through the screen hahhaha love the reaction

@Jana-qm1yr 3 жыл бұрын

YA, THIS IS ROCK, MOVE AND REACTION, AM LOVE IT TOO

@DavidRodriguez-ou9uu 3 жыл бұрын

I really love these videos of back testing. Very effective way to understand market structure and risk management. Awesome video brother. 👍🏼

@matthewgarner6621 3 жыл бұрын

I love how real you are backtesting, and seeing your reactions is priceless lol. Subscribed.

@mikepitkanen 3 жыл бұрын

This is such a fantastic video! I rarely comment on any video, but felt a compulsion to do so now. I appreciate your videos where you cleanly walk through your explanations and have learned quite a bit - thank you for your generosity and willingness to teach. What I liked about this video was hearing your thought process and how you connected your ideas to arrive at a decision (regardless of the outcome). Just hearing you talk it out has helped immensely. Please consider doing more videos of this type. Thanks again, Mike p.s. I can't tell you just how grateful I am that you left your reaction at 19:18 in the video. While I know we all got through this, it hits at a different level when seeing an expert feel the same way I do (the difference is that this is my usual state when backtesting as I am learning! lol). Huge thanks for keeping it real.

@goldyakash 3 жыл бұрын

I just love the DB/DT entry after the break of the brick wall...amazing RR...its just that simple...sometimes it works sometimes it dont...thanks rockz for the simplicity...ill only groww upside

@marcoellaga7759 3 жыл бұрын

I watched this video as if I was also trading on my pair. thanks man!

@aGamer_78 3 жыл бұрын

Please more videos like this. I really Iove your trading "strategy" and money management.

@captainfitzzzroy 3 жыл бұрын

Rockz, that was absolutely insane session. Thank you so much for these lessons, getting better and better with trading!

@Himanshusharma-vy9gk 3 жыл бұрын

Dude You a Baller. Its been a month I started studying the market and you've helped me understand the price action the most

@Luffytoro 3 жыл бұрын

I subscribed this channel when it was around 24k subscribers! Good going Rockz

@thegreatandpowerful7874 2 жыл бұрын

Rocks I've been watching your videos for a while now n I'm happy to say that it is working.. Now I need to work on my emotions. I'm closing some trades early because of fear of break-even or losing my potential profit😔

@alihebie9523 3 жыл бұрын

One of good mentor never found around world♥️💯💯

@ego2497 3 жыл бұрын

literally nothing else like this guy out there. absolutely gorrrgous.

@HUGO-gj3wd 3 жыл бұрын

It is really fun to watch you backtest. I learn a lot from it and i also get some good laughs. Most entertaining forex lesson out there. Thanks you for making this!

@denbrisko1978 3 жыл бұрын

One of the best videos out there...I don't remember anyone else done that before. In hindsight, is very easy for everybody to find the best entry and exit. Well done mate!!

@ramonmn5899 3 жыл бұрын

This was super helpfull to see ur thoughts when markets move, PLEASE do more of these videos !!

@ramanjaneyan5831 3 жыл бұрын

Rockz, thank you so much for sharing this. I feel like I also trade with you. Good learning Thank you

@rolandhernandez9279 3 жыл бұрын

@RockFX Academy 😂😂😂Lmao, you really that hungry to be impersonating right under the original channel???, you're a donut

@robinrobin8100 3 жыл бұрын

Trust the process!!! You are teaching me so many things In trading. True Genius .

@egbonsamuel3963 3 жыл бұрын

Rock I must confess now,you are the best you honest this video made me know you are honest,we just traded like it's a real trade no bias.thank you for this I really appreciate...I see why trading is fun i was just laughing and smiling when you pause for some second what's do I do should I enter this trade,hehehe it is what's it is........I am your number fan.....you got me .....please do us more video I am crossing my fingers for more I have learnt a lot I watch alot of your videos and this one is astonishing ......God bless

@Nonnie_3D 3 жыл бұрын

I love love love when you back test and look away from the screen and randomly choose an area

@PG-cj3kx 2 жыл бұрын

i dont usually sign in to YT but I just had to. thanks for the alphas man. simple yet powerful

@ZY0XW1 3 жыл бұрын

One for the best channel for learning market in a logical way. Your suggestions are really awesome no words to convey my thanks. Its really saved my time and money bro....

@Dylan-fp1ue 3 жыл бұрын

rockz really doing the most to make sure he ain’t getting called out !!!! love the transparency 😂

@omarvavra1561 3 жыл бұрын

19:23 😂 That just sums up trading sometimes.

@2xproduction 3 жыл бұрын

Facts

@homeboyrxs6623 Жыл бұрын

I finally understand the Price action trades. Thank you so much Friend!

@rycksena0 3 жыл бұрын

Sena YOU ARE COMPLETELY HONEST INTO YOUR ANALISES, YOU ARE A GOOD FUCKING AMAZING EXPLAINER.

@gloriahambelela9345 3 жыл бұрын

19:23, that’s just how messed up the market is sometimes 😂♥️

@radimploub2447 3 жыл бұрын

Can you please turn on the automatic subtitle option in the next videos? I'm from the Czech Republic and it would help me a lot with the translation. Thank you very much in advance.

@RahulGupta-ec4us 3 жыл бұрын

Wow, another brutally genuine video, just value at its finest. (BTW Sir, In Trading View There's an option to hide the candle chart, besides the currency pair name on the top left corner, you can use it to select the spot for the replays, I backtest your strategy like this too. ) Thank you for all of your efforts sir.

@shaikshavali6133 3 жыл бұрын

I know this strategy because I learned his course

@Orjiakorfrancis 3 жыл бұрын

Can you teach me

@ffx3380 3 жыл бұрын

i wish i saw you smile on that wining trade hhhh, thanks rockz you the best as always

@tristan583 6 ай бұрын

Thanks for the video bro but Never neglect the power of a 1:1 RRR, It helps you take as many as trades possible and you get almost 100% win rates, I have seen more than 25 winning trades on this chart in both continuations breaks and reversal breaks but too much analysis prevented you from taking them, it's a numbers games guys, below every support and above every resistances are all break entries.

@rafikhassan128 3 жыл бұрын

reality of the markets, no greasing up, some days are frustrating... thanks, i think we need more random replays or at least a live trade session with you... thanks a mil

@RTMoney 3 жыл бұрын

Liked! Agree, that was kinda on the epic side! LOL! Drama, intrigue, mayhem and adventure! More like this, please! Thank you, Rockz!

@mitjabotjak3690 3 жыл бұрын

Love the video! Make more videos of you back testing! Im learning alot just by watching how you see the market. Keep up the good work.

@el-jay_ 3 жыл бұрын

would like more of this type video-session.

@tremaynesamuel3076 3 жыл бұрын

Wow this is so accurate!! The rules of this strategy if followed will change your trading results drastically 🙏 thanks Rockz for sharing this

@southpolehitlisters3854 3 жыл бұрын

Really appreciate the honesty Rockz.. I am so laughing at you right now because I can definitely relate to what you're going through backtesting those pairs.. Altogether your analysis have helped elevate my trading.. I am very thankful

@bigbulltrading3897 3 жыл бұрын

Would like to see more of these back testing sessions...really helpful on your market outlook...and ABSOLUTELY love the enthusiasm on trade #9 love it...

@Sigmabuzz08 3 жыл бұрын

More of these blind trades rockz they are really helpfull because it shows the realness of trading and psychology behind it

@tjocus43 2 жыл бұрын

If you put your cursor in the numbers to the right and just drag downward the screen will flatten out, I saw someone do this and it was ingenious.. I used to put my hand over my eyes and try not to see the screen while setting up a back testing session, lol

@mattdede 3 жыл бұрын

The reactions are class.

@garrylim1371 3 жыл бұрын

This video is showing us that trend trading is more effective than predicting a reversal from the trend and take a opposite trade. Some of the trades my sensei took was opposite the trend as you are predicting a reversal which the price has not confirmed. Anyhow, this is a good backtest to show us not to put in own opinion until the price action confirmed a reversal.

@alexanderfrost1476 3 жыл бұрын

enjoyed this video because after watching many of your training videos it was fun watching you do trades and winning and losing some. Real stuff. Encouraging to know one cant win all the time in this trading biz.

@vagmine408 3 жыл бұрын

love from india, your videos help me alot , keep up the good work

@sarahwilliams1110 3 жыл бұрын

Thanks for every video you put out there for those of us who just began.

@Alexutzu12344 3 жыл бұрын

You are doing a very good job. Congratulations!🚀🚀

@JacobB559 3 жыл бұрын

I can watch you trade all day very educational and interesting

@jeseella7801 Жыл бұрын

Well thoughtful content Rockz Love you man🤝

@sudheernani9907 3 жыл бұрын

This type of videos are amazing and useful. Please do this type of videos bro. Thank you. Love from India

@xavierstargazer589 3 жыл бұрын

Do more of this and More trading Plans, Setups, Backtest, Entries, and Strategies.

@hh.tvchannel 3 жыл бұрын

I saw your video, you teach there and you are my teacher.. thanks much

@yajneshkumar6741 3 жыл бұрын

I want to subscribe to ur course . But I don't trade in forex . Will this be a problem?

@juvenscalixte9237 3 жыл бұрын

Out of everybody on KZfaq , I never comment on videos but god damn it this guy is good .

@rotherguitar1 3 жыл бұрын

Yes u can record more video like that, lots of people will gonna find their own matching strategy to their character.

@hariharanshanmugan8864 3 жыл бұрын

Great Mentor Ever ❤️❤️❤️

@christiansmith1327 3 жыл бұрын

Awesome content Rockz, appreciate the realness and transparency...very insightful sessions

@josephvella9753 3 жыл бұрын

your the Godfather Rockz.

@skippymarone1251 3 жыл бұрын

Love these types of videos and your enthusiasm. Cheers.

@christopherthompson9418 3 жыл бұрын

Keep it up Rockz, inspirational! P.S. that was 11 trades lol. You forgot to add a BE.

@lungelobrukwe6096 3 жыл бұрын

Thought I was the only one who noticed the 11th trade. 😅.

@josehenriqueventura 3 жыл бұрын

Your videos are so good. I'm trading crypto and I got loads of insights from your videos. Keep the good work up.

@LukeRosee 3 жыл бұрын

19:23 LOOOOOL

@bentpaz 2 жыл бұрын

This felt so Live for a second, I Forgot you were Back Testing lol

@connyspecht1474 3 жыл бұрын

Thanks for showing us..the good and the bad

@yusrilivan 3 жыл бұрын

thanks you somuch i am learn in here channel, very education

@thilowest 2 жыл бұрын

Great video. Looking forward to more of this type of video. Thank you.

@jmad123 3 жыл бұрын

Learning a lot from you. but looking at the bigger picture. it created a double bottom signaling a bullish momentum. would have been a great 1 trade as well.

@user-rt7ro4so5l 3 жыл бұрын

love to see these videos. Thank you ~😆😆entertaining and educational!

@2xproduction 3 жыл бұрын

Your reaction to the trade at 19:08 was hilarious, but it was SCREAMING SELL. You had the BOS (Break of Structure) at the zone Retest , and the bearish engulfing. Say if you were to put the SL at the bottom line of the zone and TP left alone you would’ve won that trade.

@Flameoflove01 3 жыл бұрын

This is for real the true market vibes

@justsimple6333 3 жыл бұрын

love how you backtested, subscribed immediately

@DannyFox1987 3 жыл бұрын

loved this bro!! would love to see more of this. Happy new year to you and the fam have a good yin :)

@Landlordyalimpopo 3 жыл бұрын

This video might have changed my trading forever . I'm going to be a millionaire in 2021

@emre241195 3 жыл бұрын

Thank you very much for your videos, I really appreciate them. I have one question: Does this strategy also work on lower time frames (like 1 minutes or 5 minutes)? Thanks and greeting from Germany

@mitjabotjak3690 3 жыл бұрын

Ofcoures it does. But 1 min is just too fast to trade in my opinion. I would recomand 5 or 15 minutes chart. Its easier to prepair to enter the trade.

@user-pz1py8cc3i 3 жыл бұрын

Amazing as always.Thanks ROCKZ

@CivilConstructionist 3 жыл бұрын

42.01 wow that's upppp baby what an whistle of excitement 😂😂

@indrin12 3 жыл бұрын

Brilliant session, very well done indeed!

@md.monirulislam6271 3 жыл бұрын

Rockz, you can give me only one analysis that make me a good Forex Trader. Thanks

@nns_life_quotes 3 жыл бұрын

Excellent l love this we have learnt lot from this actual price action behavior & don't worry about win or loosely trades as well as this 👍👌

@tawandaguwu3682 3 жыл бұрын

The best mentor ever

@MouazAkinbola 3 жыл бұрын

The 3rd one was an easy trade, you should just put your entry at half of the bearish engulfing candle to have a better risk reward.

@kiamomen7087 3 жыл бұрын

very nice educational video .please do the same video with different strategies as well .god bless you

@dinpecz05 3 жыл бұрын

learned a lot from this live back test! thanks mate!

@clearvaluetax3151 3 жыл бұрын

Thanks a lot I recommend you to a very successful investor and trader you can trade your money with He’s 100% legit and trusted Just be polite and humble Add him up on Instagram and message him on bill_biker01

@Morelife876 3 жыл бұрын

bro your charts are nuts!!!!

@MrJackywong8712 3 жыл бұрын

Please more video like this.

@1Acksonfx 3 жыл бұрын

The main man always grateful

@louiemartin4139 3 жыл бұрын

Brilliant videos Rockz 💪🏼

@fildello7421 3 жыл бұрын

Another great video Rockz 👊🏻

@nagareddy1013 3 жыл бұрын

Could you please create one video on price and volume and relation

@bassam5714 3 жыл бұрын

I loved the excitement. I am not sure why you didn't want to trade the double bottoms though. I was sure of taking successfully those couple of trades. I hope you got your car back. Cheers.

@clearvaluetax3151 3 жыл бұрын

Someone reported me to you....You were rude to the trader I recommend you too

@bassam5714 3 жыл бұрын

@@clearvaluetax3151 what trader? what recommendation? i have no idea what you're talking about.