👉 Be sure to join our live stream each day here on Youtube 1:30pm-4pm each day.
Transcript
Auto-generated from the video audio — expect imperfect punctuation.
What’s going on guys so I want to tell you about some things about trade of eight that you guys may not even know about and uh maybe a couple other things so before I get into this uh we started streaming at 10:30 eastern time now 10:30 Eastern Time to about 11:30 12 and then again from uh 2:00 to about 4:30 so if you’re around either session comment hang out also uh be sure to smash the like button uh if you’re subscribed
And you’re not getting notified click the Bell button and be notified and uh if you happen to blow some accounts like we all do use uh coupon code Cove Trader it’s uh everything’s in the description of this video Discord link all the discounts for prop firms all the goodies right in the description so here’s something that I I was talking about on the stream and some of you guys didn’t even know about this so real quick on trade ofate you can
Just click and obviously you can click buy and then you click sell but look what it’s doing it’s making the orders most people didn’t even know what I was doing so what happens is I put this buy order as soon as I put it has a stop and I take profit if this trades down this order with the dash line will not get filled that’s only goes live once you get filled and you could still move these around basically how you
Do that is you click right here yours is going to be off you click on and you set your take profit you set your stop loss I leave it at stop and then you can do take profit stop loss or you can just do a stop loss or just a take profit and I show it in ticks and that’s it so basically now what I do is say this works great for overnight so say for overnight I think we’re going to
Trend down to maybe 20,000 right well I’ll say you know what if we hit 20,000 we’re going to bounce 80 ticks so I’ll set it right there and then you can move as you move all the orders move it so look 2003 I know if we trade down we hit this as soon as we I get filled this take profit will go live this stop loss will go live and whatever one hits the other one cancels so I like these orders
Especially overnight um I can just leave it and I know how much I’m risking and what my takeprofit is um I do think we’re going to sell off right now I think we’re going to sell off massively actually um the reason I think we’re going to sell off it’s just it’s weak apple is weak after hours um not only is Apple week after hours Amazon is up 6% maybe it starts to give some of that back um uh actually it’s we’re
At 8:00 I just feel like the the market in general is kind of weak right now so I might uh I might set my stop to be like maybe High willing to risk a lot willing to risk a bunch and maybe we Trend all the way back down so anyways back to so that was one of the things a lot of people don’t know about the community script basically we have the indicators here and then there’s more indicators in here you
Can type whatever you want and as you could see as I scroll there are indicators for pretty much everything another thing you could do most people don’t realize is you go say you downloaded trading view um you click on trading panel and you could syn your Trader eight up with uh trading View and then you’ll have access to this platform for basically free you don’t get all the bells and whistles but you can use this platform for free um just a
Little tidbit some people don’t know about see what happened was we dumped we came back up hit the 34 rejected um I would think that we were going to trade down probably to probably to the lows I don’t know how long I’m going to hold this for um I think if we get a flash down maybe I just take my profit maybe close the gap if you guys weren’t around I walked through some great trades today literally handheld people through trades
Um yeah we had a really good day actually I might take this we’re up almost $300 already um I I walked through two trades back to back today if you weren’t here for it um let’s see which ones they were I mean it was oh man I’m trying to think I was on the Stream So how to be how to be this so this was what my screen looked like and you can go to my stream recording and listen I think
We broke out created the fair value Gap and I think we traded back into it trying to think if I Lots happened I went trick-or-treating we had some drinks I’m just oh so yeah right here we traded back into the fair value Gap you can see right here and then we took that long we sold out at like the top and then we came back in here yeah this one took it where did I take it yeah and then we took
It up and then we sold right up here so we basically took here up and then we caught the bottom and then brought it right back up yeah it was a really good trade we hit it on the stream bunch of people if you’re not hitting trades like that get on the live stream yeah and then it just dumped there end the day yeah so anyways that was pretty much it and let me get out of the replay area do yep
If you don’t know about it you should use the replay area because you could see how different indicators play out as you run the replay um that was a good take profit we literally took profit at the bottom right there boom and that’s pretty much it so hopefully I see you on the stream and hopefully you guys made money um and you’re enjoying a nice uh Halloween so I shall see you guys tomorrow
Leave a Reply