ALL Traders SHOULD Know This, But Don't
14:46
How to Know Market Direction [Easy]
18:20
Пікірлер
@ashwinprasad8158
@ashwinprasad8158 3 сағат бұрын
Can your strategies be user in other assets like crypto and stocks etc?
@TradeForexwithPaul
@TradeForexwithPaul 3 сағат бұрын
Yes mate. Its literally how / why the market moves.
@louisfrancis-smith2809
@louisfrancis-smith2809 14 сағат бұрын
Hi Paul, thanks again for the awesome content, so insightful. Just wondering what else you trade? Was thinking of potentially trading a couple of other currency pairs at the same time so was wondering if you had an opinion on which ones are most effective? Thanks so much mate!
@human_hope
@human_hope Күн бұрын
Very good to have 2-3 pip stop loss when trading in hindsight
@WINDSORONFIRE
@WINDSORONFIRE Күн бұрын
Hi Paul. Been watching your videos for a few months but have never been really clear on rules. Anyway I tried with what I think I understand. Here are my results: USDCAD. 15min/1min Start Apr 17, 2024 9:47am End Apr 18, 2024 8:30am TP1: 8 wins / 2 losses TP2: 3 wins / 7 losses TP1 TP2 2.5 4.2 2.5 -1 -1 -1 2.39 -1 -1 -1 8.75 -1 3 -1 1.75 -1 3.2 6 2.2 6 24.29 9.2 I could have saved many -1 on TP2 if i set SL to BE after tp1 hit. But I wanted to see the raw results. tp2 is kind of a crap shoot, PS. The thing I can never get straight is if we are to ONLY take pro trend trades on the M15? I ended up ignoring trend which is why so many tp2 losses. Thanks so much Paul.
@yashkemkar8586
@yashkemkar8586 Күн бұрын
Dates 27 Feb - 19 Mar Trades Taken: 47 Full TP Hit: 22 TP 1 Hit: 11 Loss: 14 Total RR = 245.3RR Absolutely sick strategy
@JonathanWitthuhn
@JonathanWitthuhn 2 күн бұрын
What a legend! DAX 10 June 6am UTC 7W 3L TP1 13R-3 = 10R TP2 15R
@dylanp5715
@dylanp5715 2 күн бұрын
Hi Paul, first of all a massive THANK YOU for all your videos!! They've helped me a lot starting my trading journey. For the challenge I picked two dates at random for the EUR/USD and I had the following results using the strategy: 12 June 2024: 3 wins & 2 losses with a TP1 of 19.9 and a TP2 of 27.9 24 June 2024: 1 win & 4 losses with a TP1 of 0.6 and a TP2 of -5.0
@uvz5875
@uvz5875 2 күн бұрын
I am interested in joining FTR TRADING. Is it possible to send me small preview video (just thumbnails)\screenshots\ course content text list of the learning module? @Trade Forex with Paul
@Mr.absalom
@Mr.absalom 2 күн бұрын
Lovely
@jonathanlee5185
@jonathanlee5185 3 күн бұрын
Thanks, Paul. Would you include the VWAP as a confluence alongside a POI , when trading intra-day?
@TradeForexwithPaul
@TradeForexwithPaul 3 күн бұрын
No mate
@imad0926
@imad0926 3 күн бұрын
a quick recup :HTF bias -> 15min poi -> look for a reversal candle in the 1 min after the imbalance is fulfilled -> enter.
@TradeForexwithPaul
@TradeForexwithPaul 3 күн бұрын
Niiice yep
@AlgoTraderBen
@AlgoTraderBen Күн бұрын
Didn't he say the reversal candle should be on the same timeframe as the POI ? Like at 5:52 for example, the POI is on the H4, and he enters after the reversal candle on the H4. Same thing in the next example on the 1minute timeframe. From what I understood, confirmation can come from either a reversal candle on the same timeframe as the POI, or from a ChoC structure on a lower time within the POI. Or did I miss something here ? Kind regards.
@DP-zt5qe
@DP-zt5qe 3 күн бұрын
Cheers Paul, ive often wondered how to use imbalance. Another great video. Now back to backtesting the m15 and m1 scalping, 20 done 80 to go. Have a great weekend !!
@Vanja.Raicevic
@Vanja.Raicevic 3 күн бұрын
***Great content. TA is good but I find it truly baffling that all major crypto KZfaqrs just look at pure T.A and completely ignore the bigger narrative of why BTC is dipping and why the future outlook might not be as rosy it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dip at the peak of BTC. We were already on shanky footing with historically low volume and almost pure whale dumps, narrowly avoiding a long term bear market. More emphasis should be put on daily trading as it is less affected by the unpredictable nature of the market, I have made over 5btc from day trading with Lauren Robb, insight and signals in less than 6 week. This is one of the best medium to back your assets incase it goes bearish...
@Ryankent_rk
@Ryankent_rk 3 күн бұрын
***Lauren Robb's crypto knowledge is like a secret recipe for success.
@Alen-jurkovic
@Alen-jurkovic 3 күн бұрын
This is a useful information, how can I reach your mentor
@matthewsmith8993
@matthewsmith8993 4 күн бұрын
Thanks Paul great idea 1, -1 2, +2 TP1, 0.0 TP2 (SL to BE pre-FF) 3, +5 TP1, 0.0 TP2 (SL to BE pre-FF) 4, +2 TP1, 8.9 TP2 5, +2 TP1, 7.6 TP2 6, +2 TP1, 3.0 TP2 7, +2 TP1, 3.1 TP2 8, +2 TP1, 4.3 TP2 (CT to M15) 9, -1 (CT to M15) 10, 1 TP1, 9.8 TP2 total 18.0 TP1 (9.0) 36.7 TP2 (18.4) -2 25.4 total EU 3rd June 2024
@TradeForexwithPaul
@TradeForexwithPaul 4 күн бұрын
You animal 🙌
@wimvanerge5210
@wimvanerge5210 4 күн бұрын
Thanks a lot Paul, great once again
@TradeForexwithPaul
@TradeForexwithPaul 4 күн бұрын
Glad you enjoyed it
@shanekingston8598
@shanekingston8598 4 күн бұрын
Awesome, thanks for the video! I've been interested in your strategies for sometime, but previously it didn't quite click. After seeing this video I decided to try it again & I watched a few other videos as well. I didn't think I did very well, yet I still ended up with 36R after 1 week! I would like to join, but I'm currently jobless and low on money. So it's a catch 22. 10 trades: 4 wins / 6 losses (40% WR) TP1 total 7.5R TP2 total 28.8R Both TPs combined 36.3R AUDUSD from June 2024 (trades Mon 3rd of June -> Thurs 6th of June) Mon 3rd June: TP1 +2R TP2 +12R TP1 +2.9R TP2 0R (BE at TP1) TP1 -1R TP2 -1R Tue 4th of June: TP1 +6.6R TP2 +12R TP1 -1R TP2 -1R TP1 -1R TP2 -1R TP1 -1R TP2 -1R Thurs 6th of June: TP1 +2R TP2 +10.8R TP1 -1R TP2 -1R TP1 -1R TP2 -1R
@TradeForexwithPaul
@TradeForexwithPaul 4 күн бұрын
Cracking job mate, well done!
@viktorbrander
@viktorbrander 5 күн бұрын
Haven't had luck with your main strategy so far. Been testing for a while now. This video's strategy seemed like a continuation to my path of losses, but the results people keep posting here seem to be something short of amazing. Maybe only the winners are posting here, who knows. 🤷‍♂ Anyhow, I will test this out in the coming days on EURUSD and post here the results. Wish me luck! 🤞
@wimvanerge5210
@wimvanerge5210 5 күн бұрын
This is amazing Paul thanks a ton!
@TradeForexwithPaul
@TradeForexwithPaul 4 күн бұрын
Thank you!
@paramdnl
@paramdnl 5 күн бұрын
Backtested From 17th June to 20th June Trade 1 TP1(2.5%) Hit and TP2(6.6) Hit Trade 2 SL Hit Trade 3 TP1(12.5) Hit and TP2(21.2) Hit Trade 4 SL Hit Trade 5 SL Hit Trade 6 TP1(3.1) Hit and TP2(10.5) Hit Trade 7 SL Hit Trade 8 TP1(16.8) Hit and TP2(22.9) After NEWS trade. Trade 9 TP1(10.7) Hit TP2 not hit. Trade 10 SL Hit. TP1 Hit - 5 times TP2 Hit - 4 times SL Hit - 5 times. Overall in good profits even after 5 stop-losses.
@TradeForexwithPaul
@TradeForexwithPaul 4 күн бұрын
Will be seeing you at the bank soon!
@imad0926
@imad0926 6 күн бұрын
14 MAY 2024 7:02 gmt time. trade 1: sl hit, just got swaped with an equal high and it goes to tp 14 MAY 2024 9:21gmt time. trade 2: sl hit 14 MAY 2024 15:27gmt time: trade 3: sl hit 14 MAY 2024 15:39gmt time : trade 4: TP1 hit(1.67R), TP2 didn't 15 MAY 2024 4:57 gmt time: trade 5 : TP1 hit (6R), TP2 hit(29R) 15 MAY 2024 8:06 gmt time : trade 6 : TP1 hit(3.88R), TP2 didn't 15 MAY 2024 10:45 gmt time: trade 7 : sl hit ( a question here, if the same zone give a second entry, is it valid?) 15 MAY 2024 11:42 gmt time : trade 8: TP1 hit (2.35R), TP2(11.6R) 15 MAY 2024 14:55 gmt time: trade 9: sl hit(my bias in this trade was against structure, because we mad an inducement and I was thinking that it's time to switch bearish even without a 15min choch which was wrong) 15 MAY 2024 21:13 gmt time : trade 10 : TP1 hit(2.1R) , TP2 hit(3.14R) overall: TP1: 12R , WINRAT: 50% TP2: 37.74R, WINRAT: 30% I prefet TP1 even with lesser R, but I'll stick with the 1min choch entry anyway.EURUSD
@imad0926
@imad0926 6 күн бұрын
I'm open to any advice ofc
@TradeForexwithPaul
@TradeForexwithPaul 6 күн бұрын
Woah, see you at the bank mate 🙌👏
@martinhegedus6594
@martinhegedus6594 6 күн бұрын
Hi Paul I'd like to have a quick question. When the daily is for example going up and the 4 hour is down, which direction do we follow on the 15 min chart? The H4 bos or the Daily bos? Thanks
@TradeForexwithPaul
@TradeForexwithPaul 6 күн бұрын
H4 direction but showing awareness when H4 and Daily zones overlap. Also look for a rebalance on Daily zones... often an m1 / m15 reaction area
@martinhegedus6594
@martinhegedus6594 6 күн бұрын
@@TradeForexwithPaul Thank you! :)
@TradeForexwithPaul
@TradeForexwithPaul 4 күн бұрын
Welcome, mate
@wimvanerge5210
@wimvanerge5210 7 күн бұрын
Hey Paul, thanks for the video! I been watching you a long time and tried this out, and got a nice 8.8R on the 10 trades! I used EUR/USD as pair on Monday may 6th
@MrSrijit
@MrSrijit 7 күн бұрын
Have a doubt. At 15:07, according to Rule 2, isnt the price supposed to be in SELL direction? Why have you taken a BUY trade at 15:07?
@Juslav
@Juslav 7 күн бұрын
Same question. Rule #2 seem ignored. Shouldnt we wait for a ChoCh for the next bullish entry ? If not, where does rule #2 applies?
@AlgoTraderBen
@AlgoTraderBen 5 күн бұрын
Wondering the same thing. Let's see Paul's answer ;)
@TradeForexwithPaul
@TradeForexwithPaul 4 күн бұрын
Sorry mate just seen this. I should have clarified. You can wait for choch and enter off the OB created within choch, or get stuck in with a rejection. I'm generally impatient and won't wait on choch
@Juslav
@Juslav 4 күн бұрын
@@TradeForexwithPaul Awesome, makes sense, thanks Paul ;)
@preshobilo7167
@preshobilo7167 7 күн бұрын
Hey please i would need a discord link
@TradeForexwithPaul
@TradeForexwithPaul 4 күн бұрын
In the description dude
@DominikBrunec-fv8lg
@DominikBrunec-fv8lg 7 күн бұрын
can anyone help me with rule number 2? i need details because i don't understand what paul means. thank you in advance :D
@lildgamedev6885
@lildgamedev6885 5 күн бұрын
hey man, I'm in pauls group so I can help you out here. Bos and choch is basically swing highs and swing lows, if trending up and a swing low is broken with a body, then that would be a choch and the direction would switch. There is a bunch of good videos explaining this on pauls channel!
@TradeForexwithPaul
@TradeForexwithPaul 4 күн бұрын
Thanks dude
@temanmuberbagi
@temanmuberbagi 8 күн бұрын
Hi Paul, if u dont mind. What is H4 Ct and H4 It?
@TradeForexwithPaul
@TradeForexwithPaul 4 күн бұрын
No worries mate, PT and CT - Pro and Counter trend... typically BoS is Pro-Trend (Direction of the market), especially when considering the HTF (Timeframe above)
@temanmuberbagi
@temanmuberbagi 4 күн бұрын
@@TradeForexwithPaul oow, i thought you talking about internal external MS 😬. Thank you Paul
@AlgoTraderBen
@AlgoTraderBen 8 күн бұрын
Hi Paul ! Loving your content. Can this same strategy/logic be applied with the 4h/15m timeframes instead of the 15m/1m ? Would you say the strategy presented here is a watered down version of your core strategy ? Or just as powerful ? Kind regards.
@TradeForexwithPaul
@TradeForexwithPaul 4 күн бұрын
Thank you! Watered down for sure. Same principles, but the pure basics... everything else we use in FTR is just detailed statistical data gathered over years of trading and backtesting e.g. OBs, Sweeps, Mitigations etc
@AlgoTraderBen
@AlgoTraderBen Күн бұрын
@@TradeForexwithPaul Thanks Paul for your answer. And regarding my question about this logic being applied on other timeframes such as the 4h/15min combination ? Kind regards.
@francoisleclerc8516
@francoisleclerc8516 8 күн бұрын
Heya Paul, nice challenge :) 10 trades on AU, started at 19:00 EST, sunday 23rd evening. Last trade ended this morning (24th) around 9pm EST. With T1, 7W 3L, 15.9R. With T2, 6W 4L 29.9R. In live, I would've most likely kept the last trade going to 20R or so so I'd have 35R instead of 30. I got a question though, Let's say we set our 15m POIs and wait for entry. While the price retraces, it makes a new POI between the intended target and the POI we're looking to enter at. This new POI is the new target right? Thanks!
@TradeForexwithPaul
@TradeForexwithPaul 4 күн бұрын
Legend! Good question mate. I think personally in live trading I will often adjust the TP if this happens. Generally though, if you've got in on a POI (extreme) then the original TP should be the target, but when the market spacs out then it gives good cause to shift perspective
@DP-zt5qe
@DP-zt5qe 8 күн бұрын
Hi so my 10 trades aus/usd Tp1 8 wins 2 Losses Tp2 3 wins 2 losses 5 breakeven Total reward after losses 20.55 R Im still amazed at this. Dave
@TradeForexwithPaul
@TradeForexwithPaul 4 күн бұрын
Phenomenal mate, well done
@DP-zt5qe
@DP-zt5qe 4 күн бұрын
@TradeForexwithPaul I have just done another 10 trades to see if I just got lucky. This time eur/usd got 19.8 R over 3 days. I'm taking trades following bos direction and trading away from choch. Have you got any suggestions of what data to record at all.? So far I'm recording date, time, tp1 R, tp2 R, stop loss location (behind m15 poi) and notes. I might look at different stops like aggressive behind wick rather than behind the poi. Paul you have really started me on a mission now. I want to do a hundred trades now and start filtering out out of hours trades. Is there any way to account for red news when backtesting? Cheers mate
@DP-zt5qe
@DP-zt5qe 8 күн бұрын
Ok Paul I did it, 10 trades. AUS/USD 17/5/24 1st trade 8.30 to 22/5/24 last trade 19.45 TP1 win 8 lost 2 12.35R TP2 win 3 lost 2 Breakeven 5 8.2R I dont feel all that confident marking structure. I dont have a mechanical method. I did note you mentioned at least 4 bars to qualify a structure point. This was my first attempt at this scalping strategy. Despite not being 100% confident the actual reward figures after taking off losses is pretty impressive. I know I have room for improvement. I wasnt sure if moving stop to breakeven after tp1 is hit was the correct method but it actually saved me some more losses. I just want to say thanks for the nudge to do this challenge. I now have something to work on and improve. I want to see what results id get from 100 or 1000 trades. Dave
@TradeForexwithPaul
@TradeForexwithPaul 8 күн бұрын
Phenomenal job mate. Well done! Don't worry too much about structure just yet. Structure is man-made / not real. Keep up the good work with the POIs - you've done a brilliant job!
@DP-zt5qe
@DP-zt5qe 8 күн бұрын
Cheers Paul, actually means alot coming from the legend. I've posted my result in the wrong video comment. I'll just pop the highlights in the other comments, don't want to miss the draw
@TradeForexwithPaul
@TradeForexwithPaul 4 күн бұрын
No stress at all mate. Won't miss the draw :)
@ivanpavliuk5799
@ivanpavliuk5799 8 күн бұрын
Thank you 🥰
@SiphoMasuku97
@SiphoMasuku97 9 күн бұрын
10 trades 5/5 TP 1 = 18 TP 2 = 5.7 10 - 14 JUNE 2024
@SiphoMasuku97
@SiphoMasuku97 6 күн бұрын
EURUSD
@paulwilliams3789
@paulwilliams3789 9 күн бұрын
Right, this was interesting, 10 Trades 8 - 2 TP1 - 21.87 TP2 - 34.43 GBP/USD from 18th Jun to 20th June 2024 Blown away by this. Took me a while to get my head around it (and I probably missed loads) but flippin' heck its effective Nice work as always Paul
@ryanwicker6524
@ryanwicker6524 9 күн бұрын
See….Gordon gecko. Good shit man. I typically trade spxusd/spy and qqq. Going to backtest this with some OB fib extension patterns I’ve been working with. Keep it up bruv
@temanmuberbagi
@temanmuberbagi 9 күн бұрын
10 trades 6/4 TP 1 tot 2.45 TP 2 tot 20.11 EU 18jun tested
@limjames866
@limjames866 9 күн бұрын
hello paul first of all things for sharing amazing content. i am planning on learning supply and demand strategy. i know you have playlist for your order block strategy. would you have playlist or your supply and demand? or if not would you kindly let me know which videos to begin with? thank you have a nice day
@temanmuberbagi
@temanmuberbagi 10 күн бұрын
10 trades 7/3 TP 1 tot 16.68 TP2 tot 20.22 Xauusd 17 jun tested Woohoo 🙌 🎉 I really loove this video
@zoqizoqi
@zoqizoqi 10 күн бұрын
paul bro, plz do back testing in white background of trading view, as it looks more clear and lighter, thanks
@forexjourneywithjames
@forexjourneywithjames 10 күн бұрын
Ok so, here is my first run results: EURUSD- 3rd June - 6th June (2024) TP1: 7 wins/ 3 losses / +22.91% TP2: 3 wins/ 3 Losses/ 4 BE/ +26.47%
@DP-zt5qe
@DP-zt5qe 10 күн бұрын
Great idea Paul, just what we need. A kick up the backside, get to work. No good watching 30 videos if you dont get stuck in and give it a go. How you going to know if youve learnt anything? .document everything. I'll be back with my results. Cheers Paul.
@TradeForexwithPaul
@TradeForexwithPaul 10 күн бұрын
Something I forgot to mention on the video is that I DON'T auto-set a SL when scalping. I manually add it about 2 seconds after getting into a trade. There's a algorithm reason behind this which maybe I'll explain on a future video but I'm sure some stock market guys will already have covered
@Queenwraith
@Queenwraith 10 күн бұрын
Dude have a look at NJAT videos. Simplifies everything. Insanely good strategy
@imad0926
@imad0926 10 күн бұрын
for sure I'm gonna try this even so I prefer the old way.
@YashKumar-xg2dh
@YashKumar-xg2dh 10 күн бұрын
AT 15:12 every broker can get you right?
@TradeForexwithPaul
@TradeForexwithPaul 10 күн бұрын
Not if they're regulated mate. I know there's a lot online about stop runs but they're audited to such a level the directors will be jailed if they're found cheating the system. It's simply not worth it for the kind of money we trade
@YashKumar-xg2dh
@YashKumar-xg2dh 10 күн бұрын
@@TradeForexwithPaul so can you please suggest me some good ones like is IC market raw spread account is good to go with?
@getYourNetCH
@getYourNetCH 10 күн бұрын
Use a Trade Manager for tight stops, so your stop is not visible at the brokers server. I have created a Trade Manager for MT5, it's completely free and open source.
@TradeForexwithPaul
@TradeForexwithPaul 4 күн бұрын
Nice shout @getyournetCH
@LloydPalces-tx7ou
@LloydPalces-tx7ou 10 күн бұрын
Almost exact strategy that I'm using, entry is only the difference after a Choch in 1min not in M15. I don't take partials it ruin my final RR and make profit slow gain, I only trade gold because even mitigated POI works.
@andereastjoe
@andereastjoe 10 күн бұрын
Thanks Paul. I have been using something similar, i think this will add abit more confirmation to my strategy.
@helsinkiorsrilanka
@helsinkiorsrilanka 10 күн бұрын
Finally someone using wyckoff, looks very interesting, do you have discord seats?
@forexjourneywithjames
@forexjourneywithjames 10 күн бұрын
Quality Video, it's go time :)
@nathane2890
@nathane2890 10 күн бұрын
Thanks Paul. Will be trying this on NQ.👍
@TheAdeOfSpades
@TheAdeOfSpades 10 күн бұрын
KZfaq guru here, so i could be wrong but when you say 'trapped traders' and banks 'levelling their orders', i always think of it as hedging, look for a small candle with lots of volume, its where banks have bought a large amount of buy and sell trades equally, wait until prices moves a direction, half the trades are in profit and half are in loss, they then close the profiting trades and enter opposite trades to push price back to the starting price, those trades are then also winning, and close the original losing trades at breakeven
@oscaranswers
@oscaranswers 10 күн бұрын
Cool 😎