✅40% Off Take Profit Trader Plus No Activation Fee Coupon Code COVETRADER
Transcript
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What’s up guys so you’re here because you want to see how I pass all my EV vals um before I go feel free to subscribe you can watch me trade live during the week um be sure to like the video and let’s dive in so how I pass all my evals I basically use a simple strategy for the most part I leave on my um I vwap on there but typically I do not take vwap trades I typically take first touch
And I’m going to go over what first touch means so it’s pretty simple the first time you come in the vicinity of the pivot point so as you can see right here would be the first touch it would hit here and I start taking so you can see the pivot point is at 66 I would start leing into this trade probably about 56 I would buy a lot I would buy another lot around 60 66 uh 70 and probably 75 and
As I got filled on the way up you would then get a rejection and I’m typically looking for you know 20 25 points on a move like this depending on how far we’ve come so you can see when we went from one Pivot Point to the next I would be looking for at least 25 points we would have gotten that I probably would have gotten filled on three lots uh three lots 10 points is 600 1,200 so you would got about
1,500 bucks on this trade and you’d be halfway there for passing an eval um obviously you know we rejected again but what you could see is the first touch here you would have gotten that trade and then you would have gotten this and you would have passed your eval um I mean that’s pretty much how easy it is now the reason I do first touch is because the first touch is here and then we come back down I’m not saying you
Can’t take this but the odds of it working become less the more times we hit it the more times we hit resistance um it definitely becomes more of a statistic that we’re going to go through um and sure enough well I mean we rejected here but we eventually punch through and then the trade is done I am I’m not looking to really play a bounce off of the um you you can and I’ve done it but when I’m trying to pass
My evals I’m trying to go heavy and I’m looking for 20 points am I going to get 20 points off of a bounce um around here like I don’t know you can you can’t um you know that’s not really what I’m looking for I’m looking to basically travel a good ways hit the pivot point and get the rejection I need I mean we can go back to you know here’s another example this is another day boom first touch I mean this
Dropped I mean that’s a massive drop you know here’s a great great example so you travel from this Pivot Point all the way up and kind of like a staircase up and once you come here is where I would have backed up the truck got in leged in on on multiple levels and I was looking for my uh you know 20 25 points I would have gotten it again um what I’m not looking for well you could see this is this
Is why I only play first touch first tou you’d have gotten your 20 points at least and then you know when you come back up I just I’m not looking for that I’m looking for that one trade a day sometimes two trades a day um you know where it happens the one thing you got to think about is news though Trump’s all and this was a news play right here this was the fomc meeting and this is why I don’t play
It during news because it will blow right past this pivot point and just keep going so during news I typically just I don’t really trade for an hour so I’ll just sit there let it the market go wherever it’s going to go and and that’s it um so I not only play the rejections I’ll play bounces as well I’m looking for traveling from Pivot Point to the next pivot point so we were at this Pivot Point come down I probably would
Have gotten fil at least one if not two contracts here would have gotten my 20 points and then that would have been it I’m not playing the second touch CU look the second touch it breaks right through depending on what’s going on in in the day like I’m probably not playing any of these plays here the only thing I’d be looking for is us to come down to around this pivot point for another bounce you would have gotten it here and
Then I would have been out and then and when we Dro to this pivot point is probably when I would have taken my first loss um because it seems like we blew through this we actually did bounce but I probably would have gotten out even or with a slight loss here same thing here this would have been nice first touch down got the bounce just like this though you went from this Pivot Point to this Pivot Point boom you would had
Another nice trade so I basically played pivot Points as my main strategy passing these EV valves it happens so much you know you could see it again here only the first touch now sometimes you’ll get close like this but I probably wouldn’t have gotten filled because that’s 17 18 points away that’s too far to start getting filled I usually start around eight points away so I’ll probably buy it like or maybe 10 10 points away five points away I’ll buy another
One at the pivot point and maybe another one five points over the Pivot Point um and then my stop loss is usually 10 points above the last purchase so do I take losses yes you will you will take losses and when you take a loss you’ll take a pretty sizable loss but I would say you’re going to win oh man like 85% of the time it’s I I’ll pass evals sometimes you know 3 four in a row without without burning one
Sometimes um you know do you get these types of Trades every day no like this day you would have gotten the one trade there and um the next time actually you would have got two trades you would have got this one right here but some days you can go all day without without getting it so like this day you uh you hit the Pivot Point up here you have gotten one trade but you have to be okay with taking one trade
During the day and that’s it but you know that this trade because it went a little bit above you probably have a full stash you probably have four contracts and let me see 26 you’ve gotten 20 points on on all your contracts you would have you would have banked so you know this is my way of passing EV valves over and over again um but you have to be patient this isn’t a lot this isn’t trade a thousand times a day
This is one to three good trades a day where you sit there you wait and you uh you know you take it you leg in and then you sell on the way out like I said I’m looking for 20 points points so I’ll probably take one off like if I get in three I’ll take one off at like 15 one off at 20 one off at 25 um I’ll set the cells and if I get in with four I’ll do the
Same thing but that last one I’ll just keep moving up my stop with like a five to eight point stop loss and I’ll just keep going because sometimes you get um you know you’ll hit the pivot point and just get like a waterfall like um so something like this this is first touch I mean this is from 53 all the way down I mean this is like that’s 60 points so if I would have just followed it down my last contract
I probably would have gotten 50 60 points off of it so this is what I use to pass all of them this is free it’s on trading view it’s just called pivots traditional and that’s it super easy if you have any questions comment below be sure to like subscribe and watch me trade during uh during the week
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