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What’s going on, guys? So, uh, another okay day. Um, I’m going to show you some things I was looking at today that probably would have helped you out. Um, but yeah, it was definitely moved around good in the morning. But before I get into that, we stream live every day, 10:30 to noon, 2:00 p.m. to 4:30. If you want uh to join for account giveaways, some fun, everything else, make sure you’re on the stream every single day. Uh, I’ll be on
My Funded Futures TV tomorrow from 10 to 10:30 if you want to watch and then I’ll be streaming right after that. Um, and how I did today, we made I made about a thousand bucks in my personal money with some options and then wasn’t a great day on uh, futures lands. I’ll be honest with you, I’ll show you exactly where I messed up. Well, oh, I think they did away with it. This funded account is was up 450 bucks today. Oh,
They did away with it already. So, it is what it is. Some wins, some losses. It wasn’t the best of days, but if you zoom out and look Oh, also I did 850 in that account, but whatever. Um, so we have this breaker on the hourly and I talked about this at lunch that we held at the top right here that my bias changed uh for the long side. And this is why you have to zoom out. Once we got over
The order block, we created a breaker. Um, to me, I figured we would retest and then go up. And that’s definitely what happened. But it was just a choppy ass day to to keep it real. Like it grinded up is what we got in the morning. Was great. I actually caught the top here and then the bottom here which was awesome and then I just kind of got chopped around. Um it happens on these choppy trend days where you chop chop
Chop one leg up you know and you just chop again and then you know that’s kind of what happened. And that’s also why you don’t want to DCA. If you kept DCAing because you thought it was going to go short, uh you’d have been smoked today. Um yeah, would have got smoked, but it is what it is. Um there’s always tomorrow, you know, you everybody doesn’t win every single day. By the way, my funded futures don’t pay for a new account.
20% off resets. Coupon code trader. Also, take profit trader is 30% off. There’s no activation fee, daily payouts as well. Make sure you use the code and the link to the Discord is in the description of this video. Uh if you got questions, comments, or anything else, comment below. Um but yeah, definitely always zoom out to find a bias. And uh yeah, and it works a lot of the time. You know, if you’re constantly on the one minute chart, you got
To zoom out 15 hourly to kind of see what’s really going on. That’s pretty much it. Uh we’re doing the voice chat in the Discord as well. If you want to join, uh go in there and see what’s going on. All right, hope you guys had a good day and I’ll see you on the live stream
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What’s going on, guys? So, this is the monthly wrap-up. Everybody wants to know the money made. This is the question everyone has on their mind. Some people ask through the month. Um, so this is the episode you want to watch. Uh, before I get into that, we stream live every day 10:30 to noon, 2:00 p.m. to 4:30. Uh, and if you trade prop firms and you want to support the stream, use coupon code. It’ll automatically give you the best deals at
All the prop firms. Um, all right. So, I I guess I’ll just go run through it. The total I made was $30,869. Um, the only thing I didn’t add in there, I didn’t really trade my personal account that much. I think I was up like 1,500. I didn’t even bother opening it up. I have a personal account with Ninja. Uh, I think I traded it like three or four days all month and that was it. But, uh, yeah, so that’s the
Number. Um, right here is my Robin Hood account. This is a smaller account I have. Um, you can see it was up $4,600. Uh, you can see what I still have. And then, um, when it came to prop firms, I got payouts [Music] in what did I get payouts in? I got pays in Apex, Topep, Fidas, My Funded Futures, uh, My Funded Futures. That might have been it. The total for profit firm payouts was [Music] $10,30. Um, oh, and take profit
Trader. I I can’t believe I forgot that. Yeah. And take profit trader. Um the total came out to $10,30 in prop firm payouts. The total in stock and options that I made was 20,839. And like I said, I made another close to 1,500 trading futures in Ninja on my personal account. Um Erade completely messed up yesterday. So I went to pull this up today and realized the month is over. So, it’s showing me nothing. Those are just the things that I’m
In. Um, if you want to see, I posted some stuff through the month on my Twitter. You know, that was obviously a good day. I mean, I obviously had some really good days through the month and you could just go back and look. I tried to scroll through some of my uh I tried to scroll through some of my lives to see when I brought up on the screen, but I couldn’t find it. So, it is what it is. I also
Got some screenshots of my I guess my broker statement. Hold on. So, this is my broker statement from a couple of them. They do it they calculate gains as when I sell. So, I actually made technically more money cuz that’s a,000. That’d bring me up to what? 14,000 and then that would bring me up to like 18,500. But when I checked Erade, how I do it like with this screen, it was only 15,918. So, they’re saying obviously I made more money.
Um, but I always calculate my gains as the value of what I’m up at the current time and everything else, not when I actually sell it. So, I guess technically this is more correct because they’re realized gains and I made more money. So, maybe I made I don’t know 34,000. Like, I don’t care. Like, it is what it is. I’m doing this for you guys. Technically, I don’t even look at this. I honestly, unless you guys ask about it, um I
Would never have even went back through my month because I know I’m profitable. I see the account growing and Robin Hood just makes it easier. I can just kind of like look at it here. You can see I made a lot of money. I’m probably getting rid of this account. So, I really didn’t do much in it. So, I was waiting for everything to kind of settle and then I was going to withdraw the account. Um, but now I’m kind of
Sitting here being like, should I withdraw it because I made some options videos and it’s easier to use Robin Hood and they gave me that 3% cash back card. So now I feel like I need to keep the account because the cashback card I think gets paid through there. I got to look. But that’s where I’m at. That’s why I didn’t really trade much out of, you know, after the beginning of the month in here. But yeah, so I don’t know.
My roundabout was 30,8 whatever. Um, I’m making money. Obviously, that doesn’t include my retirement account. So, I had a good month. Uh, being that the NQ is so high now, I’m not looking to really build positions up here. Um, I would like to see some type of pullback before I really start digging in with anything, but we’ll see. I mean, I’m definitely selling weekly options currently, obviously trading futures daily to make money as well. But in stock and option world, I
Kind of want to see a pullback where I can get a better entry on some uh some companies. But it is what it is. I’m just going to continue doing what I’m doing and uh we’ll see what happens. If you got questions, come on the live stream, come in the Discord and ask.
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What’s up, guys? I’m going to tell you the biggest mistake that prop firm traders make every single week. Before I get into that, we stream live every day, 10:30 to noon, 2:00 p.m. to 4:30. Uh, if you’re looking to get any accounts and you want to support the stream, use coupon code. It will automatically give you the best deals at any prop firms. Uh, also the link in the description for our free Discord is there. Uh, and the link to what
I’m about to show you on this Google sheet is in the description of the video. But I’m going to tell you right now, the number one mistake that prop firm traders make is they pay too much for prop firms. Hands down, the number one thing. Um, you know, cuz you you want to go where the sales are. There’s a couple things that you do. I do cost of funding. If you pass three account like one in three accounts and plus activation
Fee, this is what it costs you to get a funded account. If you pass on one and five, five act uh five activation fees. Is there activation fee? Yes. Then you add that to the cost. If there’s no activation fee, you know, and you just do the math. And what I did was I’m trying to build it out and I’m going to continue adding. Um, I actually did this where you have a lot of the deals on there. And if you’re
In I just started this right now. If you’re in a Discord, uh, I’m making a promotion tab and I’m just going to start listing all the promotions on all the different prop firms in here. Uh, you know, because what happens is, you know, you obviously like Apex is running 90% off right now, right? I guarantee you somebody watching this stream is going to buy an Apex account next week and they’re going to pay more money. Right now it’s $16. Next week
It’s going to be $33. Load up when they’re cheap. Same thing with my funded futures. It’s 30% off starter plus accounts. Someone’s going to buy a starter plus account next week and they’re going to pay full price. And this is what eats it like nickel and dimes you through the course of the month or the year just paying extra money for accounts that you’re going to buy anyways. So you really want to look uh you know basically at the deals. You
Know somebody brought up yesterday like oh funded next is $150. They’re running a deal. Yeah, but take profit trader is only 119 and also has no daily loss limit that has daily it has daily payouts, no activation fee. So just look what the prop firms offer you like here and say, “Hey, what other firms offer that and where can I get that same thing that I like at a cheaper rate?” You know, don’t pay more money for the same thing, you
Know? kind of like shop around. You know, I have the top five or six firms that I go with, but you know, I I do look around every once in a while. Hey, is there a crazy deal going on? You know, I got paid by an offbeat brand freaking prop firm LA. Uh it might have been it was this month. They sent me uh 2,000 bucks. Uh am I going to use them going forward? I don’t know. I wouldn’t ring up
A a big bill with them, but will I just do the minimum or or nothing more than 2,000? Yeah. You know, because if I don’t get paid, it’s $2,000 that I didn’t get from them. But, uh, you just know not to ring up a big bill unless it’s a one of the top firms. Um, so yeah, you know, I think not buying accounts when they’re offering a big deal is the number one mistake, especially new traders that are not profitable. You’re
Wasting money. You know, why pay $150 for an account at Funded Next when you can get an account that’s even better at take profit trader for $119? Or why pay for Apex next week at $33 when you can get it at 16 bucks, you know, or my funded futures. I think the starter plus is $89 right now. That’s cheaper than the starter one, you know. So, go where the deals are, but also stay within maybe the top six or seven firms.
Um, I have them I’m going to start loading them up in the Discord and I also have them on this uh sheet and stick there and shop around. Don’t just say, “Oh, I trade with, I don’t know, say I trade with Topstep or I trade with my funded futures or whatever it is and I’m just going to keep staying there.” No. Shop around. Get the accounts cheaper. And listen, if you’re profitable and making a ton of money, then go wherever you
Want. But in the beginning, you want to save as much money as possible because that will extend your journey uh and not go too far in the hole. So, that’s all. I just want to see you guys save money. If you have any questions, comment on the video, come in the Discord and ask. I got it on the tab. It says prop promotions. And that’s pretty much it, you know. And if you had a question, you’re like, “Hey, I want daily
Loss limit. I want, you know, daily payouts. I want no rules. What prop firm should I go with?” Just ask, you know, and I’ll go down the list and I’ll look and say, “Hey, this guy’s running a deal. Go over here.” But that’s it. If you have any questions, come to the live stream. Come to the Discord and I’ll help you
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What’s going on, guys? So, another day in the books. Um, it wasn’t that terrible of a day, I I would say. Uh, I’m trying to pass or not pass the rest of my eval so I can just trade funded accounts next week. Um, we ended up passing one, two, three, four accounts. I passed another one on another prop firm. Um, I just want to get back to trading just PA accounts. I am gonna take advantage of Apex deal. It’s 90% off.
Ends this weekend. Use coupon code Cove Trader for the 90% off. Actually, use my code for all the product firms. It works everywhere if you want to support the stream. Um, also, uh, I’m going to show you the best trade setup. Somebody asked me on the stream, what’s the best trade if I can only take one trade a day? I’m going to show you that in two seconds. Uh before I get into that though, we stream live every day 10:30 to
Noon, 2 pm to 4:30. We do account giveaways. We have a lot of fun. There’s a lot of education. Um and then we’re also there’s a link to the free Discord in the description of this video also. You can go there, ask questions, talk to other traders as well. Uh other than that, um I’m going to get into it real quick because this was the trade of the day. I called it in Discord. So, if you were in there, you got
It. And um basically the trade of the day. What am I? I’m in replay mode. Yeah, I am in replay mode. So, we basically uh Oh, man. I’m just getting this all together here. What is this today? Yeah. 254 I got long at this was the spot. This was one of the spots. This is one of the trades I took and I thought this was awesome. Actually, I got in at 254. Basically, uh, we came out, we dumped, and after we
Dumped, basically, I took the first, uh, inversion of a fair value gap, we traded back into it. We held it and up. And that is the setup that I love. That was a mustrade setup. And then another trade setup I took today also what I thought was awesome. I ended up scalping this. I was going back. I was looking. I ended up scalping this. But basically we dumped and I was waiting for it to show that we have a real bottom
Because you got the Vshape. We came back down. We made a new low. Once we made a new low and then we came up made a new high. I was waiting for consolidation. made consolidation and I actually took this just for a little bit. I should have held this trade. Um, we basically were holding the trend line and we just kind of made our way up and then we consolidated again right here and that was a money trade to the upside
Also. So, I took that live on the stream, took it up, and then we were talking about if we were going to dump, this would have been the spot to dump. Basically, we swept the uh hourly imbalance and then came back through. And then, if you look, we actually just bounced off this breaker right here and came up. Trading was pretty good today. Not going to lie, trading was really good today. passed a lot of accounts. Um, I definitely thought it
Was clean today. Obviously, if you were in when we had the tweet, that sucked, but other than that, the price action, the movement, everything was very clean. And, um, yeah, I’m going to look to capitalize on this on Monday. If you want, come on the live stream, come in the Discord and ask. And uh I hope you guys have a great
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What’s going on, guys? So, if you weren’t on the live stream today, you missed out. I mean, we absolutely crushed it today. I mean, uh, stacked in PAS, passed a bunch of accounts as you could see. Um, we stream every lot, every day 10:30 to noon, 2:00 p.m. to 4:30. Uh, also, if you’re looking to get an account, Apex, 90% off. Take profit trader 30% off. Uh, and there’s a bunch of deals going on on Tradeify, my funded futures. Be sure
To use coupon code Cove Trader. It will make sure that you get the best deals that are out there. Um, and everything is in the description of this video along with that free Discord as well. Um, and we’ll probably give away some free accounts tomorrow on the stream, so be sure to uh be there. Other than that, yeah, let’s just go into how today was. I mean, we called today. Yesterday, I called it. I said, “Nvidia earnings, we’re going to pop
After the earnings and I said, “We’re going to sell off tomorrow.” That’s exactly what happened. The pop we got overnight. Sure enough, we open and we sell off. I mean, we had the script and you could tell that we had the script. I mean, we we just made money. Just made money. It’s pretty simple. Um, yeah. I mean, just to go over the day, I mean, we came out of the gate and just dumped real quick. I mean, you could just
See it absolutely plummeted and you could just tell it was heavy. Like, then we we came all the way back up. I literally called this on the live stream the tippy top. Yep. We caught that short. That was freaking amazing. And then just kind of played the rest of the day out. Some really good call outs, some really good plays. Uh, I thought price action was amazing today. Like amazing amazing. Um, everything everything worked out. All the uh indicators worked out.
End of day trades worked out. Um, our our just just everything was perfect. I mean, you could just kind of see how it all plays out here. Uh, super dumpy dumped. We caught the we actually caught this bottom right off of here. So, basically, we got the dump, flipped the fair value gap, came back up. I think I want to say I unloaded, I sold up here, you know, it was just clean, super clean action, you know, we pop lower high
And then we just kind of drain back off. I mean, things just worked out. If you have questions about strategies or anything, be sure to come in the Discord and ask. The link is in the description of the video. And um yeah, everything worked today. Retested this breaker, denied, dumped. I mean, I could just go over and over about everything, but everything worked today. We made a ton of good trades and uh we’ll be back at it tomorrow. So, if you
Want, like I said, be on the live stream tomorrow, 10:30 to noon, 2:00 p. p.m. to 4:30. We’ll give away some accounts, ask questions. I want you to become better. So, make sure you ask questions if you have it because that’s what this is about. Uh, yeah. I don’t have a course or anything to sell you. So, I’m just here to kind of help you out. So, that’s pretty much it. If you like the video, smash the like and I will
✅ 90% OFF Apex Trader Funding Coupon Code COVETRADER
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What’s going on, guys? So, we absolutely smash towards the end of the day today. Um, before I get into that, we stream live every day, 10:30 to noon, 2:00 p. p.m. to 4:30. We’re doing account giveaways. We’re doing a lot more in the stream. If you want to support the stream, use coupon code. It will give you the best deals at all the prop firms. Also, Apex 90% off ends at midnight tonight. So, if you want 90% off, use my coupon
Code and save yourself money. Uh yeah. So, as you can see on the screen, we smashed today. Uh yeah. Yep. We definitely smashed. Um let’s see what we did in some of these other accounts. Some eval work. Not much there. That’s a funded account. That’s a funded account. Yeah. So, overall, we were up. Um I took advantage of Apex 90% off as you could see. I am going to look to pass a lot of these tomorrow and kind of just build
Up a stable of uh PA accounts. So, I will be basically I’m going to get a couple more accounts now that these are these are all up and close to passing. Um so, yeah, I’m basically going to build up hopefully I get to 12 or 15 PA accounts uh by tomorrow or the next day. That’s kind of my goal here is the more accounts, you know, obviously the better for me. Uh, and then just get to payouts, you know, how we
Do it. So, that’s pretty much it. I mean, today was crazy. Like, if you look, I drew this earlier. Let’s see what we got going on. I mean, we just literally traded in this little little range the majority of the day. We got a fake breakout here. We didn’t get the drop that I wanted and then we came right back up in this chop zone and we didn’t drop here until Trump talked about uh the whole chip news. We came up
And then we just unloaded into the close and then you know Nvidia comes out with earnings and lifts it all the way back up. So I think overall the market is going to start trending down. I am going to be looking for a big dip in the market. Uh, I don’t know if that’s going to happen tomorrow. Now that Nvidia uh had earnings, I’m actually going to go over their earnings and listen to the the conference call. Uh, I might play
A drift trade. So, when we open up at 6:00, uh, depending on how the conference call goes, I might continue whatever the trend is for the first half hour, get in and kind of hold overnight. Um, so that’s kind of what I’m looking for. Other than that, um, it’s kind of not that great of a day. We ripped in the morning, dumped it, and then we traded sideways pretty much all day. So, I’m hoping I’m I’m guessing the PA action is
Going to be better. Uh the price action is going to be better tomorrow. Other than that, you know, come on the stream. Don’t miss out. We’re obviously stacking gains. And uh also, if you want to come in the Discord, it’s free and uh it’s in the description of this video.
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What’s going on, guys? So, quick recap and some I can’t believe I really did this crap. Uh yeah. So, before I get into that, we stream live 10:30 to noon, 2:00 p.m. to 4:30. Uh Apex is 90% off and Take Profit Traders 30% off, no activation fee. You got to use coupon code if you want to support the stream. I can’t believe I did this. So, at the end of the day, I took the end of the day trade. I hit
And then what did I do? I went to go back in with five micros right here. And what did I do? It was five minis and I blew my PA account like an idiot. An idiot idiot. I can’t believe I did that. Uh yeah, I thought I was in five micros, five minis, blew the account. What’s even worse is I blew it and it came all the way back and I would have been in the green. Other than that, uh not
That great of a day. I mean, I added some of my pro account, but this didn’t go well. You know, a couple evals went down. I made small money in a uh funded account. Uh, I think I passed one Apex account up here, stacked in a couple, and then this funded account, I grabbed a little box, and this funded account, I grabbed 300. Um, all in all, like I’m just going to show you real quick on my chart. You know, I
Drew this out. We broke this. I got to know that listen, when we retest down here, just kind of take the retest. My stop loss should have been right down here at 411 and I should have just rode this up. I really didn’t um you know was holding in this order block broke the trend just it was just one of those one of those things. I don’t know why I didn’t do it. Um looking back it’s an easy trade and then
Uh it just wasn’t moving. Like it looks like these candles are big, but like like they’re like that’s only 10 points from here. Like each each candle was very small today. Um the the the range was high even though we were up a lot. Um just really didn’t give us movement and we basically just grinded up in the morning the whole time. It was just one big grind up and I called it actually today. I said 2:00 is going to be
The change of direction. And sure enough, 2:00 was I ended up shorting this right up here in my personal account and uh I covered at the 200 in my personal account. Um yeah, so typically you do you get the 10:00 turns or you’re going to get a 2:00 turn. And we got the two o’clock turn today. Uh traveled all the way back down to this order block and then bounced. It was actually a really good setup, but uh it happens. So
Anyways, tomorrow we’re going to give away some more accounts on the stream and I got to run. I’m making this quick because I’m going to the Met game and then we got the Knicks tonight. So, let’s go Knicks. All right, boys. I’ll be in the Discord shooting uh talking and everything. So I will see you guys
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What’s going on, guys? So, awesome time on the stream today. Hope you guys enjoyed the day. Uh, obviously we ended a little early today because the market closed at 1. I’ll be back tomorrow 10:30 to noon, 2:00 p.m. to 4:30. Uh, I’m getting ready to slam contracts tomorrow. Uh, if you want to support the stream, use coupon code. Uh, Apex 90% off with my coupon code. I am going to load the boat uh tomorrow. So, be on the stream. Uh, yeah.
And then uh my funded futures is 30% off starter plus evals this week. Honestly, last week buy an eval, get a free reset was obviously better. I told you guys to get it. If you didn’t get it, so be it. Starter pluses are 30% off. Um, other than that, we didn’t really make a ton of trades. We had some good trades. Um, not a lot because obviously there wasn’t that that much movement. And, um, you know, it is what it is.
But the stream was popping. Uh, the Discord is getting real good. Uh, the link to our free Discord is in the description of the video. Um, yeah. I mean, that’s pretty much it. It’s just things are getting good. I am thinking about going short right here. Seems like we’re just kind of following it down. Uh, you know what? Why I’m on this recap video. We about to take a a short. We’ll see what happens. Um, other than that, that’s all I
Was going to say. 90% off Apex and uh I’m looking to slam some accounts. I really want to grow my accounts quicker than I normally do. Uh we got a bunch of payouts. We got $3,900 last week and I’d like to finish the month uh strong. I’m almost at daily payouts on take-profit trader pro account. So, we’ll see what happens there. And I think I’m going to fire up my uh my personal account to tomorrow and see what we can make.
Other than that, if you got questions about trading strategy, anything, ask on the live stream. Ask in the Discord. I’m here to help you out. I’m not selling you anything. Have nothing to sell. Uh just want us all to win. That’s pretty much it at the end of the day. Just want us all to win. So, let’s be at it tomorrow. Let’s win and let’s all get some payouts.
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What’s going on, guys? So, before I get into this, we stream live every day, 10:30 to noon, 2:00 pm to 4:30. Uh, if you want to support the stream, use coupon code Cove Trader. Uh, and also our free Discord link is in the description of the video. But, uh, yeah, this crazy deal for my funded futures ends today, but they might extend it through Monday, but you don’t want to be left out in the cold. Uh, this is actually a crazy
Deal. Um, just to go right over it, it’s basically you buy any eval and you get a free reset with that eval and you use coupon code Cove Trader. You can get up to three of these and it’s wild because it’s literally buy one basically get another opportunity to pass it. Um, and they have no activation fee. So, like a starter account is uh I think it’s like $94 and uh you basically get the starter account and then when you p
If you happen to not pass the starter account um you could just try again. Also, if you’re never had an account with them, you can get 50% off. So, argument sake, a starter account would be like $46 and you would have two opportunities to pass it and then once you pass it, there’s no activation fee. So, you’d have a funded account for $46. Um, same thing with the starter account. You have two chances to pass it. And if you do, you’d
Have a funded account for like 94 bucks because it’s 97 plus the discount. And I’ll just go over some of the plans quick that they have. So any of these plans come with a free reset. Uh starter plus expert starter. So I use mostly I use this one. I have the starter 50k and if I don’t have that one I actually do starter plus uh 50k. But some people want the bigger accounts. I get it. I just think for the the
Cost savings, you know, the cost and everything that you get with it, I go uh I go with the 50ks. You know, the the starter plus has no consistency rule on funded accounts, which is nice. While they do have a consistency rule on the eval process, and it’s flip-flopped on the starter. the starter, you could pass in one day because there’s no consistency rule, but there’s a consistency rule once you get going. It’s 40%. Honestly, I’d rather pass in one day
And then worry about a 40% consistency rule than worry about getting a consistency rule to pass. That’s just my personal preference. But like I said, any of these accounts, buy one, you get a a free eval if you don’t pass. It’s the best deal I’ve seen my funded futures ever run. And if you’ve never had an account with them, on top of everything, you get 50% off. Uh here it is. It says expires May 25th. I’m pretty sure they’re keeping it
Open for an extra day. There’s also a link in the description of this video. Uh and that’s pretty much it. If you have any questions, comment on the video or come in the Discord.
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Transcript
Auto-generated from the video audio — expect imperfect punctuation.
What’s going on, guys? So, if you’ve been on the live stream, we’ve been talking about this indicator for a little bit. It’s basically to find the a near-term bottom within the market. Um, before I get into that, if you like this video, smash the like button. Come join us live. Uh, we trade live every day, 10:30 to noon, 2:00 p.m. to 4:30. And, uh, if you’re in the prop firm world, make sure to use coupon code Cove Trader. it supports the
Channel. So, all right. So, I’m going to jump into it. The indicator is down here, and I was definitely looking to maybe combine it with uh order blocks. Um, but yeah, I’m going to just do the indicator. The rules are you’d need five consecutive green candles down here, and you’d have to be over 30. Um, this indicator is called CM Williams VIX Fix. It is I’ll just show you right here. Right here. It’s by Chris Moody. A lot of people use
It. I am going to uh So, I’m just going to back test how many times it works. And listen, this isn’t a one indicator thing. every time this indicator happens, you end up using it. Like it’s just for uh you know, like confluence to look for argument sake, you know, I was just looking at this one like you know, we’re coming back down into an order block and we’ve had x amount of green candles. You know, we’re pretty high. Would I
Take this trade? Yes. Kind of seems pretty, you know, multiple things are starting to line up. So, that’s what I’m looking for. But I’m going to test the indicator just by itself and see if I followed the rules, what would we look like? I also don’t trade the first 15 minutes or the last uh half hour of the day with any indicators when I’m back testing cuz the volume can definitely sway off the results. So, we’ll just look. You obviously have
More than five here. And if you want to speed up, go to the end of the video where I announce the results. Um, actually, you know what? I won’t let you sit through this. I’ll actually go through it. But this is how I’m back testing. Look, multiple more than five. First gray bar right here would be my entry candle. And then there would be um some type of stop. Most likely I’m going to do either 10 or 15 points. And the
Goal is to get the same on the upside. So, I’m gonna do that. I’m gonna mark it on my sheet and uh I’ll be right back with all the results. All right, I’m doing some back test and I want to show you one example of a oneandone type situation. I assume there was news here. If there’s news, I would not play this because obviously the news is going to far outweigh any indicators. So, I’m marking this down as a loss anyways,
But I just want you to know if if you’re dumping I mean, it just dumped 300 points, don’t use the indicator. Just stay out or you just keep following it down, right? But argument sake, say there was no news. If you have a situation where you have all these greens and you get one gray and you take that and then it goes back to greens, probably just sit that out. I probably wouldn’t go back and try to keep trying to catch
The bottom. I’d probably say this is the only time I’ve actually seen it happen. And obviously there was news. Um I’m just seeing if there was some type of if this happens again, I probably wouldn’t take if I took it once, take it again. Like I’m not just trying to keep taking it. I would just say, “Hey, the setup is done and I’m just going to wait until we go, you know, until it goes all the way down and then we
Work something back up.” So, I just wanted to show you that if there was news, I’m not taking you anyways, but I’m going back to to still testing. This is very promising, by the way. All right, I just saw another thing where also you got to get the feel of this. So argument sake, this is the first clump that meets the requirement, right? Over 30. But because you got one big dump right here, the first candle is the biggest and then
It kind of gets smaller and smaller. I don’t know if I find that the same as when you’re going up up up up up because to me that looks like you just got one dump and now you’re already working it off on these candles and you’re going to miss the entry. Um something like that. I I probably would just sit it out even though you probably could have got in at like [Music] 89. you you could have got your 10 points.
Would I have taken that? No. I’m just kind of giving you scenarios of things that I you know indicators are going to give you thing, but it’s your feel that kind of gives you the edge, right? It’s my feel of the market, my feel of the indicators. Like I probably just wouldn’t do it. First of all, we dumped under uh 21,400 and it looks like they’re buying it back over, but like could definitely just reject 21,400 as a whole number and
Go lower. And the fact that these candles, you know, kind of like big and then kind of selling off, I want it the the other way. But I’m just kind of giving you scenarios as I’m back testing what I like, what I don’t like. So, you know, you kind of get the feel of of this as well. All right, guys. So, I finished the back test. Uh, Trading View only allowed me to go back uh I don’t know, like 10 days
Worth of trading or 10 days in general because I’m on such a lower time frame. If I was on a minute, I can go back further. If I was on five minutes, I can go back further. Um, what I found out since May 14th is the scenario worked out happened 21 times. 17 would have been right. It’s 80% 81% win rate. Um, you know, you also have to have a little bit of knowledge on things that you’re willing to take. um
Things to stay away from. Like I’ve said in the video, do I think this is just an indicator you follow? No. So, I don’t I don’t want to hear somebody like, “Oh, if that’s that’s the indicator.” Like, I’m just telling you, I think it’s a good additive. What I want to see, which probably would make it even better, is I would want to see us trade on these types of over30s. Um, we trade down into like a breaker block or an
Order block and I combine this indicator with trading into um a scenario like that maybe. Let’s see what we got. I don’t even I don’t even know. That’s, you know, argument sake. Something like this where we come Well, no, that that was created. But let me just play this out. Let’s see what happens, folks. You know, I would want to see us maybe come down, spike above 30, come down, and then go. Um, you know, I’m just giving this as an
Example. I’m not I’m just using it like I I want to use it with other indicators. I’m not just using this. Um, you know, that I had some tight rules obviously had to be over 30, had to be five in a row. Also, the green candles that I wanted to see had to be on some type of, you know, bigger than the next one. I didn’t want to see like one big one and then the rest lower. So, there was a
Lot of things that I was looking at to kind of disqualify um you know, I would say bad setups. You kind of just this was just a winner kind of you see escalating escalating escalating and then you would have got in right here and you would have gotten your points. Um you know those are just things here. I’ll just stop it again. I think this was another winner escalating escalating escalating breaks 30. You would have got in on this candle and
Then it would have went up. So, this was just actually random and you just it would have been two for two right there. Um, but you know, those are things that you got to look out for. You don’t want one big drop to cause the spike and then, you know, that’s not really what it is. You’re looking for this continuation lower slowly increasing these candles and then it kind of lets it go back up. Um, I would definitely, like I said,
Use it with un other indicators maybe. Um, I’m going to keep an eye on it. I’ll probably trade it on the live stream a little bit. And, um, it’s definitely something I’m going to leave on my chart. I didn’t realize how many people were using it. Said 55,000 people have, I guess, put on their chart. Um, I’ve used it in the past. I want to say I used it like two or three years ago and for stocks and I I’m back
Using it here on futures. Uh it’s definitely a scalping strategy. Um I guess one of the other strategies was I was looking at this was, you know, if you got gray right here, you’d put your stop at the bottom. So your stop would be here at 8:45, not 10 points. So you’d have an 845 stop and then on the upside you’d be looking, you know, you can could probably trail it. You know, you go up 15 points, you trail it by,
You know, five points behind to kind of keep getting the push or you can go for the bigger hold. I mean, obviously you you got a bottom, you know, we don’t go below here. So in theory, you would have caught this whole move if you just held it. Um, does that always happen? No. I mean, you would have caught it right here. you’d have gotten a nice move, a pullback, continuation. I mean, it’s one of those things that I’m doing this
Back test and it’s like a foundation and then I want you to take the indicator kind of take some of my rules. Okay, five green bars got to be over 30 and then you kind of run with it. You know, you add your own, hey, you know, this is where the stop is and I’m looking for larger gains. Like, I don’t know. I’d have to go back and back test how many times it ran, you know, 30 points or 40 points,
You know, was that the bottom? Um, or what you could do is you can go on like a five minute chart and say, okay, uh, you know, we got a bottom. I mean, obviously I’m not trading this time frame, but argument sake, say you got this. Okay, we’re over X amount on the five minute and then you hit P, you know, not pause, but then you go down to the one and then you’re also waiting to be in in the green
As well on the one and then you’re like, okay, I’m still in the green. Okay, and I go back down to 30 second to find the entry. Or you can just do that on three different screens if you want where it aligns where you have a green bar on the five. you know, you’d set up the same setup here on the on the one and then the same setup on the 15. And when you have green, green, green, you know that
It that’s the entry that you’re looking for. So, there’s different ways you could play this. I kind of want you to take it and run with it. Um, I never just solely, you know, go off of one indicator, but, uh, it definitely has some promise and I am going to be using it going forward. Probably uh, my entry is going to be on the 15, but I’m definitely going to see about the time, you know, the five, the one, the 15
And see if I can do something there. All right. If you have any questions, comment on the video. You can come in the live stream. Also, the free Discord is in the description of the video and uh I can come help you out there as
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