Category: Videos

  • How I Get Prop Firm Payouts Part 2 – My Trading Setup

    👉 Be sure to join our live stream each day here on Youtube 10:30AM -12pm and 1:30pm-4pm each day.

    Transcript

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    What’s going on guys so this is back to the how I get my prop firm payout series I put out part one yesterday which is basically talking about the mental side of uh trading and some of the things I do that are not actually hitting the button or looking at indicators things that have helped me before I get into part two we stream live every day 10:30 to noon 2: p.m. to 4:30 if you want to support the Stream use coupon

    Code Cove Trader it works at all the prop firms all right so part two is going to be my setup it’s going to be all the the tools I use the setups I’m not going to get into trade strategies I’m just going to go into how I set my trade of AES up how I set my uh trading view up the indicators I look at and then uh part three will get into uh more strategy so this is more of how

    I set everything up um basically I make the majority of my decisions on trading view but you obviously do want indicators on uh your trade of eight charts you don’t want it to just be blank so we’ll go right into it this is what I have I have the uh 34 EMA the 8 the 200 and the 105 the 105 is actually the 21 on the five uh these pivot Points do not show on the chart ever uh you got to

    Like really zoom out I do not use these anymore the vwap bands I just used vwap I got rid of the Bands so uh band you know deviation one and two are gone uh Tiki opening range the that’s those blue lines that you’re looking at right here this is the 15minute opening range and this is the hourly imbalance just so happens on the day I’m showing you that that the uh bottom for the 15 and the hourly are the same line

    Um and I have stastics at the bottom oh actually I don’t use these vwap I use C vwap I think that’s the one that shows up and you got to create two opening ranges you got to do one for the 15 and one for the uh 60 and that is my setup on Trader let’s move on to uh top steps the same thing all the all the prop firms are pretty much the same thing I just kind of have moving averages

    On there and vat when I go into I have multiple tabs on trading view if you don’t have trading view I highly suggest you get trading view I mean it’s like you know you doing if you had a business you’d want the best tools for your business right you have to treat this like a business you should have a charting Tool uh like trading View in your disposal you can run a lot of scripts gives you a lot of information and

    Uh it’s definitely a must have so I kind of have multiple tabs because I can’t have everything on one chart on this one I basically have uh fair value gaps breaker blocks vwap pivots which are these yellow lines and then uh I have my EMAs the EMAs are not 2050 100 200 once again again it’s uh I have it as 8 or 9 34 200 and then I have 377 that’s how I have this tab set up this tab I have

    The opening range for the 15 and the 60 I bring vop back over here also and then I run this Spaceman BTC it basically shows previous day low open previous month low shows a lot of good data that you want you want yearly opens weekly opens Mondays High Monday low uh you know this is all things that you’re going to want to have on your chart places of interest draws and that’s all with uh Spaceman I also put on uh volumized

    Breaker blocks let’s go to the next tab next tab I I like to look at different time frames so this is the 5 minute the 15 and the hourly on these I have um bearish and bullish engulfing candles I have um the Luxe algo three bar reversal pattern which is these yellow you can see how it works a lot of the time s it calls the top before the dumps I mean what are the odds one two three four I mean

    It would have been four for four on the hourly um you could see it popped right here uh I really like that indicator it it definitely you know definitely works I did a whole back testing video just on that just on this indicator I did a back testing video I do uh fair value gaps I have the EMAs and um that’s pretty much it I just want to see fair value gaps EMAs and uh I’m really looking at the different time

    Frames because I’m looking at the minute a lot and this kind of brings it back where I can get a look at what’s really going on on a higher level to see where the trends are at and what’s going on there over here this show shows me the sessions I have Asia London New York um I also have each one of these boxes represents an hour so you can look for the hourly sweeps just like this and I’ll go over strategy

    For that I actually have a whole video the video is called 94% win rate um I would go watch that video If you haven’t watched that video but uh yeah so I look at the hourly boxes I look at the uh the def the different sessions and things like that and then I have a couple other tabs that I have on this side where I’ll look at gold I play gold on the hourly so I’m always having gold up the only

    I look at gold is basically you could see the uh alerts here and you could see I have the uh three bar reversal working at the same time I use adaptive Trend flow just to kind of see what the trend currently is it’s more of a visual thing I don’t really have to look that far into it and I have the UT Bots running which give Buy sell within the trend and I have it on the 5 minute and this is

    The 15 second don’t get me wrong the 15c you’re not really trading the 15 second cuz when you look the trend changes every you know I think that’s this is a 5 minute window you know it goes longer than 15 seconds but it’s just kind of a visual thing that I like to keep up and it’s just lets me know hey you know maybe I’m not looking for shorts or if I’m looking for shorts what you know are we trending up

    Down it’s just a visual I like what it looks like and um it’s more like a secondary uh indicator or third indicator and then um that’s all the tabs I pretty much have open at any given time so it’s you know one two 3 four five six I have another one that kind of just shows the same thing but instead of black it’s it’s got the white background I’ll just show you what that looks like and basically here I kind of

    Play around with some some other things that uh I’ll throw on I’m not really using this the one that’s on here that I haven’t showed you is uh what is this the source super Trend thing I don’t yeah like this I I just kind of play around if I’m looking through the day I’ll throw different things on this chart as a uh you know oneoff I just want to see what’s going on here or if somebody ask me to bring something

    Up I’ll bring it up on this chart because it’s kind of my not throwaway but something I’m not really looking at on the uh the daily but that’s my setups those are my tools um my TR that’s my trading view setup my trade of8 setup and then uh yeah you don’t really need much more than that I know it seem might seem like a lot I have uh three monitors that are 24 in and I have a laptop so if you’re

    Wondering what my setup looks like I have a decent amount of screens and I like to look at a lot of things um to make my decisions so that’s the setup if you have questions comments comment on the video uh come on the live stream and uh I can walk you through how to set any of this up and I will go over strategy in the next part

  • Take Profit Trader Activation Fee Explained

    ✅ 50% Off Take Profit Trader Coupon Code COVETRADER

    Transcript

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    What’s going on guys so one of the things I get asked about every week is the takeprofit trader activation fee first of all if you’re looking to get a take-profit Trader account right now there 50% off use coupon code Cove Trader and uh I also have a document in the description of this video it’s going to look like this and it has all the different prop firms Pros cons coupon code to use with drawals the costs um and it’s on a

    Bunch of different prop firms so that’s in the description is video and I’m going to go over the takeprofit trader activation feed now basically when you pay for an account you’re going to get uh an eval so in this case with the coupon code it goes from1 170 to only $85 you have a 50k account once you pass this account which means you get it to the profit Target of $33,000 which is right here um you’re going to switch from an

    Eval to they call them Pro account it’s a funded account and this is where you get your payouts for you to switch from the eval to a funded account they charge an activation fee the activation fee is currently 130 bucks for any size account so it doesn’t doesn’t matter if it’s a 25k account doesn’t matter if it’s a 150k account now a lot of people also ask what size accounts do I recommend I mostly trade the 50s and the 150s although

    Right now I have funded accounts that are 50 and 25 um I ended up getting a 25k account because they were uh donating money for anybody who bought a 25k account so I ended up with a 25k account other than that I usually stick to 50s and 150s uh I just find that the draw down is there the end of day draw down and those are uh the two size accounts that I like working with but that’s the activation fee so

    Once you pass your eval account you’ll pay an activation fee now through the year takeprofit Trader does do certain discounts that will have no activation fee and you’ll save the 130 bucks currently they stopped that promotion at the end of January they haven’t brought it back I don’t know if they’re going to bring it back um they’ll probably do it during Black Friday but that’s also in November so I don’t know usually uh the firms roll out deals every month I

    Make videos uh when they do to let you guys know I’ll let you know on the live stream when they do but currently they’re offering 50% off and uh the activation fee is$ 130 the good thing about takeprofit trader is obviously you can get daily payouts there’s no consistency rule with uh how much money you can make in a day and uh after only making a little bit of money they’ll push you to Pro Plus which is live and your profit

    Split will be 9010 and you could have up to five accounts if you guys have any questions about takeprofit Traders activation fee uh review of the accounts uh any questions or comments you can come on the live stream ask or just comment on the video

  • How I Get Prop Firm Payouts Part 1 – The Mental Side, Avoiding Tilt And Rules

    👉 Be sure to join our live stream each day here on Youtube 10:30AM -12pm and 1:30pm-4pm each day.

    Transcript

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    What’s going on guys so I’m going to go over a multi-part series about how I get prop firm payouts um I’m going to make quite a bit of different videos so it’s not all on one massive video and we’re going to talk about different things on different videos to help you along your journey and what help me go from not profitable to profitable before I get into that we stream live every day 10:30 to noon 2: p.m. to 4:30 if you

    Have questions comments comment on the video come on the live stream ask I could show you in person if you have questions um if you want to support the stream use coupon code Cove Trader at uh all the prop firms works at every single one of them so let’s get into it the first video part one is actually going to be the mental side um I know it’s not the most fun side but it’s probably the side that most people need

    Work with they are um you know the the word that goes around is always tilt I’m on tilt this is tilt uh you know I made one bad trade and I demolished my accounts or I was profitable Monday Tuesday Wednesday Thursday and then Friday came and wiped out all my gains if that sounds like you this is probably the video that you should be watching um you know I know everything everything that’s cool about trading is you know the indicators and

    Going through all the cool stuff that I look at and you know what everything is but if you don’t have the mental side one bad trade could set you on a path of destroying all your accounts um I personally trade over 20 funded accounts I trade my own money and if I just went on tilt I would destroy thousands and thousands of dollars of accounts and personal money um couple of the tidbits that I always go for is you want to

    Set your losses um if you happen to have a funded account one of my rules is if you blow a funded account you only blow one I never blow more than one you know if I’m not feeling the market I’ll switch to evals and there’s certain prop firms like you know bull KNX or Apex that have less expensive evals that I can say you know what I’m going to buy $15 eval and this is all I’m going to trade the rest

    Of the day because I’m just not feeling the market and I’m not going to blow funded accounts I’m not going to blow uh more expensive takeprofit Trader or uh you know more expensive accounts so I’m just going to I’m just going to trade a $15 eval and when I’m not feeling it and I I take a a big loss uh that’s it you can’t have one loss in one account spill over into into multiple accounts so that’s right off the first

    Thing second thing is you I kind of jotted down where I make my money um I do really well in the morning and then lunchtime becomes choppy for me and then I guess you break it up in three sessions you have uh New York morning afternoon and then the PM session my best session is the amm then comes the PM and then comes lunchtime and when I noticed that I stopped trading during lunch because what happens during lunch is you get

    These choppy environments that give you the fake outs and things like that it doesn’t happen every day obviously I was just backed it up to Friday Friday we just kind of dumped also Trump was talking so that kind of uh makes for trading to be a lot better or I should say volatile but I leave during areas where I’m just not good I’m not good at lunch I I just know it chops around a lot so I leave you know usually

    Around 12:00 which is here you know a lot of times you get this back and forth and I know I’ve lost more money there so I I stopped trading there um you know these are things that you need to be jotting down you need to be jotting down certain trades that aren’t working for you that you think you’re working like hey I take every time I don’t know this moving average crosses this moving average I hold for 25 points and you

    Think you’re making money but when you start jotting it down you’re not you know you should be journaling certain trades that that are definitely um you know not performing that you think are performing that happened to me I took away a lot of negative trades that were only winning like 40% of the time 40% of the time obviously if you have the right risk to reward could be a winner um these were not these were definitely not uh those types of

    Trades and I took them out of uh my trade plan the other thing is if you’re making money four out of five days a week but ending the week down you need to start setting stop losses in your accounts where you can only lose maybe $400 a day and you do that in here you go in uh reports oh no not reports application settings risk settings and you could set your daily loss limit and I would set that to maybe $400

    In your accounts this way if you have a bad day you’re only going to lose $400 which if you’re playing a mini is uh 20 points if you’re playing uh M if you’re playing Five micros that means you lost 40 points after 40 points you should probably get up and leave you know that’s a you know probably two or three trades that went South and it’s time to exit because that $400 loss now you’re going to Revenge trade and it’s going

    To become 800 or a th000 and then the th000 loss is going to become a blown account so I would set a daily loss early on to make sure that these accounts go longer than one day there’s nothing worse than getting into the prop firm world and blowing multiple accounts each day it gets expensive and it gets to the point where like you know your accounts are almost over where maybe you grew the account to $52,000 and then you blew it

    Well you wouldn’t have blown it if you had a $400 stop loss you would have went from 52,000 to 51,6 and then you would start over the next day and you would feel a lot better about that you know these are the things you know a couple bad trades you know this is how you stop the couple bad trades people say take one or two trades you lose you’re done well the stop loss will take care of that you take one

    Or two trades that’s it you’re done people tend to hold on to losers longer than winners the stop loss will take care of that too you know 400 bucks down you’re out of that loser you’re not holding that loser down a, 1,200 whatever it is um you know just adding a couple of those tips into your uh trade plan is really really going to help figure out what part of the day you’re most profitable set your daily loss on the accounts

    And uh and just go about it that way you know if you have multiple accounts set the daily loss you can’t blow it at $400 you just can’t you know I have my own set of rules like that where once I blow an account I’m done but if you only have one or two or three accounts then yeah you should setting a daily loss limit for like 400 bucks um I have a micro challenge coming up and um I find that

    When you go lower it it definitely is interesting when trading on the mental aspect because it keeps you in the trade longer and I think if you’re newer you should definitely trade lower amount of contracts and let it move around more to kind of get the gist of being in the trades and managing the trade more than going a lot of contracts uh for a smaller amount I would say that would be the route to go but yeah I mean these

    Are just some mental tips that have helped me uh I want to pass them to you I am getting payouts consistently now and um it’s it’s just a few tweaks can really change you because I know there’s people in the chat that have great weeks and then one day just demolishes everything and if you start to make some of these changes I think you’re on your way to uh consistent payouts and that’s what uh we’re all here for if you have

    Questions comments leave it on the video or come on the Stream

  • Like High Win Rates Watch This Video – Another Great Week On The Stream – Day Trading Prop Firms

    👉 Be sure to join our live stream each day here on Youtube 10:30AM -12pm and 1:30pm-4pm each day.

    Transcript

    Auto-generated from the video audio — expect imperfect punctuation.

    What’s going on guys so the week is over I want to go over some really important things actually before I get into that if you’re new here we stream live every day 10:30 to noon again 2 p.m. until 4:30 if you want to support the stream use coupon code Co Trader it works at all the prop firms all right let’s get into this real quick um I talked about this on the stream there’s certain very High profitable trades out there you

    Should watch this video see at the bottom it says 94% win rate back by 10 years worth of data this is a video you should watch this weekend if you got free time it goes over some really good trades um there this is something that you should definitely put in the uh the trade plan so that’s the first thing I want to go over second thing um obviously this is the end of the week we had a Monster Week there’s always

    One account unbelievable but outside of that we stacked stacked I mean we’re going to I’m almost at Daily payouts right here uh with this account this account um just down a little there up a little down a little up I also have an a fun uh xfa account I didn’t trade that today so it was just too much going on um I didn’t even trade a lot you could see you know yes I had them green but like I wasn’t trading

    A lot the candles were all over the place Trump was talking at 100 p.m um just a lot of stuff going on you know I like high percentage trades we really really um we got some good ones got some really good things around here that were good but overall um we were green also I’m doing the challenge the three micro challenge this account is going to be only for three micros it’s more of like a swing trade I’m not going to

    Be scalping it’s kind of a a buy and kind of let the trade uh move type account so we’re going to be doing that uh going forward next week I know a lot of Traders aren’t a a scalping they’re not in for the scalps so I’m going to be doing that to kind of uh show you some other trades and kind of trade on the higher time frames um at the end of the day we caught that massive run up which

    Was nice and uh yeah just going over everything else um there was like I said there was a couple good trades today there was a lot of chop in between um the candles have just been massive the last couple days so I’ve been very cautious about that I mean you could easily get caught we got caught on the stream there was like a 50p point down candle right here out of nowhere and then it just bounced it right back up so

    Kind of wild kind of wild I’m going to be putting out some good videos over the weekends uh over the weekend about high percent trades um a couple other things so if you looking to learn be sure to check back over the weekend we got a lot of new members getting their first payouts on the live stream that was really good to see um goes to show you that anybody can anybody can do this you just got to stick to your

    Rules and uh payouts will come so we took uh I requested two payouts this week and uh hopefully next week we’re going to request at least two more in just Apex alone uh we’re right there in two accounts so we’ll move that forward and um if you have any questions or comments about trading prop firms anything else comment on the video come in the Discord look in the description of this video there’s a lot of information and then I’ll just go

    From there all right enjoy the weekend guys

  • Apex Trader Funding Really Do This Again To Me

    👉 Be sure to join our live stream each day here on Youtube 10:30AM -12pm and 1:30pm-4pm each day.

    Transcript

    Auto-generated from the video audio — expect imperfect punctuation.

    What’s going on guys so Apex did it again um before I get into that we stream live every day 10:30 to noon 2:00 p.m. to 4:30 uh if you want to support the stream use the best coupon code out there coupon code Cove Trader it will automatically give you the biggest discounts at all the prop firms Apex takeprofit Trader Trader five Bull and my fund the futures so let’s get into it if you are not on the stream you’ve missed two

    Wild days but we’ve been stacking gains um you can see here’s all the uh Apex games we uh little take profit I mean all I really care about to be honest with you is my funded accounts which I’m trying to get to a payout my funded Futures this is an eval but I also passed one so I was one for two I’ll have another funded account tomorrow this funded account took a licking and then this one was up so a little

    Mixed bag in my funded Futures I also did uh now that’s an eval in TOP Step and then I locked in my first day in my funded TOP Step account for 227 um so yeah things were really good but here it is Apex denied my my payout they denied me improper risk management now am I going to get mad no I probably broke the rules on the account this is only the second time I was denied a payout it sucks because

    The payout was $1900 it was uh this account but you know what I’m going to do I’m just going to keep growing it like like a man and then they’re going to owe me more money they denied me and I think I made aund and something dollars in it yesterday and now I’m up 351 today so I just keep stacking and in uh six more trading days I’m going to request uh a max payout and that’s it I probably will get

    It and that’s all I could do right I mean you got there’s rules rules you follow the rules and if they don’t pay me out I just stack more gains and then they’re going to really owe me money but uh yeah I mean besides that I’m going to be requesting a payout in this account soon and then I got a whole lot of accounts that I just keep building up every single day so that’s what we do we build accounts up

    On the stream follow the rules and uh you know talking about trading rules follow your TR trading rules and we just keep stacking over here if you have any questions you should come on the live stream ask I answer everyone’s questions um comment on the video you come on the Discord discord’s free everything’s in the description of the video and that’s pretty much it another massive day and uh we’ll be back at it at uh 1030 tomorrow all right I hope

    You guys are are stacking as well I know a bunch of the members are and uh we’ll see what happens all right I will see you guys tomorrow

  • You Won’t Believe What We Did Today! – Prop Firm Day Trading – Take Profit Trader, Topstep, Apex

    👉 Be sure to join our live stream each day here on Youtube 10:30AM -12pm and 1:30pm-4pm each day.

    Transcript

    Auto-generated from the video audio — expect imperfect punctuation.

    What’s going on guys so a massive day on the live stream if you’re not there we stream live every day 10:30 to noon 2:00 p.m. to 4:30 um if you want to use the best coupon code out there use coupon code Cove Trader it will automatically give you the biggest discounts at all the prop firms take profit Trader Apex Trader my funded Futures uh and bull Kno so and uh a lot of the other ones but let’s jump into today I

    Mean this is the Apex account as you can see all up um up big we got takeprofit Trader up nicely my funded Futures the two funded accounts I got are both up we absolutely smashed today um yeah I mean we we smashed on the stream all day and most of the trades I took were trades that I done the back test videos on so if you haven’t seen the back test videos go on to my channel look at the back test

    Videos we have the orbs we got um all types of stuff but everything is listed I know people want to know the strategies we go over it on the videos I go over it on the live stream we have the 15minute orb the hourly and balance um a lot of the other things that I take as well got fair value Gap um pivot Points you can see we kept rejecting the Pivot Point up here today that was the high of the

    Day that made for a great short and then you have the monthly open this morning the bounce was pretty easy this is the monthly open plus the pivot point plus we’re at a round number that was a great great spot to take a long off of um but yeah I mean we just you should use we I so here we go I use this script Spaceman BTC key level gives you monthly opens daily opens yearly opens previous months uh previous day

    High previous day low all the stuff that you want to know when trading um yeah it was just a massive day everything that worked out you had straight up vwat bounces one two three perfectly I mean you could have made a ton of money just just on that in the morning uh it was just an insane day straight up insane day basically uh increasing this account for a big payout I just got these two accounts over two new funded accounts this

    Account is getting close to a payout and then just stacked getting closer with all these other accounts um yeah getting close I want to reach daily payout so I need another about a th bucks and I can start doing withdrawals every day and take profit Trader in this account and this one’s moving on up we were green everywhere I also have a bullnox funded account I was up 445 in uh and a bunch of bullnox accounts I was up in as

    Well so things are uh things are going good we on top of everything else we took two payouts this week so that’s going well and um we’re just at it tomorrow again so if you’re around come on the live stream uh I’ll be on at 10:30 till noon and again at 2: p.m. till about 4:30 if you got any questions comments comment on the video come on the live stream ask I’m here to help um and that’s pretty much it I’ll

    See you guys tomorrow

  • Bulenox Payout Request – 2nd Payout Request This Week – 91% Off Bulenox Coupon Code COVETRADER

    👉 Be sure to join our live stream each day here on Youtube 10:30AM -12pm and 1:30pm-4pm each day.

    Transcript

    Auto-generated from the video audio — expect imperfect punctuation.

    What’s going on guys so I’m about to submit a bullnox uh payout request actually this will be the second payout request this week I requested an apex $1,900 $1900 and something dollar request this week already and now I’m going to request $1,155 from bullnox brings my total up over $3,000 if you want to watch me trade live and get these payouts uh just subscribe below you watch me live here on YouTube for free I stream live every day 10:30 to noon

    2: P.M to about 4:30 and majority of these trades are all done uh live so you could watch it watch me get payouts uh if you want to support the stream use coupon code Cove Trader bullnox right now is 91% off uh I suggest the 50 K accounts uh with the coupon code it makes it only $15 so basically I clicked on payout request I have two funded accounts with them I am requesting out of this account I have it right

    Here $1,155 my payout request date my signature is obviously not great and then I’m about to hit the submit button um um yeah these payouts payouts are great payouts are definitely what it’s about we had a crazy day today and uh this is a great way to end it so let me hit submit and see what happens well I just got this screen I didn’t know if they were going to ask or show personal information so I stopped it uh but

    Yeah this is uh this is amazing I’m going to show you where I made some of that money today let me uh let me bring it up all right so I was close um I actually made almost a little over 800 bucks today in that account to push it over um I actually grabbed it where did I I grabbed it right here I grabbed it right here bare flag we dumped we bounced we came back we held the low and I

    Got in on this flag my stop loss was here and uh and we straight ripped it and uh honestly we ripped it faster than I thought CU normally I don’t hold for that huge of a game um I grabed two Minis and uh yeah and it went quick it went super quick if you look two bars 2 minutes we went from 87 was at 35 points um but this was the move that I got and it was about 800 bucks um

    I think I made it I might have made a trade earlier in the account put me up a little bit and then um but I think I I’ve got the majority right here so that was pretty much one of the trades I mean we are if you look I got this account over I submitted a payout request this one is closed for a payout and then there’s a lot of them that are inching on up uh I also got this one

    Over today so I have another funded account and uh here’s my takeprofit Trader accounts these were all up I believe they’re all up today my Pro account was this one was up 190 bucks I think this Pro account was up 22 so we’re making money making money just keep moving up getting payouts and that’s all I could ask for so hopefully we’ll see you on the stream tomorrow if you have any questions comment on the video or ask on the live

    Stream

  • Avoiding Tilt, Trades Of The Day And More Prop Firm Day Trading

    👉 Be sure to join our live stream each day here on Youtube 10:30AM -12pm and 1:30pm-4pm each day.

    Transcript

    Auto-generated from the video audio — expect imperfect punctuation.

    What’s going on guys so another solid day on the stream if you weren’t on WE stream every day here on YouTube 10:30 till noon again 2:00 p.m. to 4:30 if you want to support the channel use coupon code Cove Trader it automatically gives you the biggest discounts at all the prop firms works at the allall so yeah so today was h a great day I’m going to go over a couple things um there’s obviously uh couple negatives lot of positives um

    Basically in line pretty close to get a uh bullox payout we are uh I think I’m like 700 bucks away so I’m going to make a push for that I’m definitely going to make a push for a couple of the other ones that I got over here in uh Apex um I also have takeprofit Trader accounts we got another one over will’ll give me my third funded account with takeprofit Trader um and I want to push this Pro account over and

    Start getting daily payouts with take profit Trader but what I really want to go over is some of the trades today because this is where you’re really going to learn um and that’s kind of what it’s about so you can see I have previous week and day marked out I use a script right here the spaceman uh script and and you could see we broke the previous day low and then you kind of when we start getting a bounce um that

    Is one of the target places to bounce cuz that was the low that was where support would have been uh support becomes resistance and you can see we can’t go anywhere above it and once we broke here and made the lower high where we didn’t go back into that zone this is when I was talking shorts on the stream and then I was basically short biased the rest of the day it definitely paid out pretty well for everybody um but these

    Are things that you definitely want to have on your chart is the previous week low previous week high previous day low previous day High um you know I have the weekly the the month that’s the mid but I have the monthly open I got the monthly High um these are all things that you do want to have on your chart because they are areas of support resistance interest and you can get really good trades um off of them besides that I

    Mean things were just really really good today they already took it all away from us but let me just go to uh we’re over on this I requested a payout on this account this week this account is now 650 away I’m going to make a push to get a payout here and then we got just a lot of accounts in the 51 thou 51,000 range that we want to push over and um that’s what I plan on doing this week I

    Also have we we made money this is a funded account I need a couple more days of a $100 or more we’ll take another my funded Futures payout I am looking forward to that and uh we got the ultimate cell signal right here on the daily so if you followed along you did catch the big dump and um yeah we even talked about this on the stream where we actually broke and then we retested into one of these fair value caps

    And then you got the cell I mean just a lot of a lot of things we were uh a lot of things just working out you know just sticking to the script somebody asked on this on the stream about how do you stay away from tilt I would find something to do on your computer that’s not trading related so basically you can leave trading related up on one screen and do your other thing either work another job at home uh have

    A hobby have some type of game but do something else that you can basically don’t feel like you have to hit the button every single time and that will help push your trading forward so hopefully you learned something hopefully you made money today day with us on the stream and I’ll see you tomorrow at uh 10:30

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    What’s going on guys so I have another video that’s back by 10 years worth of data uh before I get into that we stream live here every day 10:30 to noon 2:00 p.m. to 4:30 be sure to smash the like button and subscribe uh if you trade with prop firms make sure you use coupon code Cove Trader it will automatically give you the biggest discount at all the prop firms so let’s jump into this I found this to be a very

    Interesting stat um first of all I boxed off the sessions uh we have Asia session which is here London session and then we have uh New York this is not the best uh I use session boxes I would probably find another indicator the reason is when you Mouse over it just goes away huh I don’t know what’s going on so I’m going to show you this is another great stat brought to you by NQ stats you can look at them also

    On Twitter andq stats basically it’s been tested from 2015 to 2025 um basically here it is to summarize the sessions here’s the Asia session London New York uh it’s basically a broaden um formation it’s basically if London takes out the lows and the highs of Asia what basically comes next um here historically over the last 10 years the above was true 591 times out of this 591 New York session also took out both sides of the London session 64% of the

    Time now is that a high percent trade it’s not super high but the fact is that when it happens you get a massive amount of points and what’s crazy is it just happened and I guess they use this is also called uh I think ICT might uses as like seek and destroy or something like that um could be wrong but I know someone else uses something similar to this um basically but you know you can get something like this where it

    Spikes above comes back in back over and then finally through but I’m going to show you right here so literally you have on Friday Asia session London took out the lows the highs and then sure enough New York took out the highs traded back inside the London time frame and we then took out the lows I mean you I’m not saying you’re going to hold the whole time but I guess if you got in right here at like 219 and your

    Stop was the high I mean you could have gotten uh over 100 points your stop would have been I don’t know 20 20 something points so risk reward is a 5x um I I thought that was interesting it’s an interesting stat um it’s something I’m definitely going to look at I’m going to get a better uh a better script here like I said it doesn’t happen every day look it doesn’t happen doesn’t happen you know this isn’t something that happens all

    The time but look at this here it is again Asia London takes out both high and lows and then what does New York do New York flashes above and then dumps I mean you would have gotten it you would have been two for two I’m just scroll I’m not going to scroll back on all of these I’m just looking for examples um it’s definitely oh three for three this would have been one right here you took out Asia low Asia High

    Asia low then New York took out the high and then traded back through yep so that’s probably how I would trade I’d probably trade it um when it comes back into the London session and then my stop would be the high of the day on uh the New York section and listen 64% is great the risk reward seems to be there because obviously the move is going to be quite High um you know you basically 64% of the time it covers

    The entire London session uh you know so you got to think you know for argument sake right here it’s 717 I mean it’s 130 points and you’re risking I don’t know 35 so the risk reward is definitely there I mean you’re looking at um you know 3 to five uh risk to reward almost every time with a 64% win rate uh that is money um to me that’s definitely money money uh there’s not one that fails that I see and I

    Can’t go back any further as you could see kind of stops on uh January 25th uh 28th so you know I can only go back so far but every time it’s done it the amount of points is just worth the risk and uh I’m going to start looking at this uh I mean I’ll know right away when I open my computer up in the morning if it’s set up if London took out the lows and the highs um you know I’m

    On I’m definitely on the computer by 8:00 and I’ll know if we’re geared to do this and if we are uh I’ll take this trade every single time and uh I’ll probably look I’ll take it and I’ll probably look if it breaks below the low my stop would then you know be somewhere there and I’d work it down same thing on the way up just kind of move my stops up accordingly but uh I like this trade um I like the

    Stats that NQ stats have provided and I’m going to keep seeing what else they roll out cuz uh I like basing my trades off of factual data especially back tested over 10 years so if you have any questions comments leave it on the video

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    What’s going on guys so this is another one of those great videos you’re going to want to watch to the end um before I get into that we stream live every day 10:30 to noon and about 2 p.m. to 4:30 every day here free on YouTube if you like these types of videos smash the like button subscribe if you want to support the stream use coupon code Cove Trader it works at all the prop firms all right so today I bring

    You a video that’s backed by stats um it was tested over 10 years worth of data it is not something I found but uh I found a guy on Twitter that was posting this stuff and um super interesting he’s got his own site it’s called NQ stats and uh he’s on Twitter mq stats or X as you guys uh as it’s now named you can see uh the metrics are calculated from 10e sample very interesting so I don’t know why more

    People aren’t talking about this um basically I’m just going to go over it basically if the 9:00 a.m. takes out the prior high and then trades back back to the hourly open before the hour ends 83% of the time in that hour 72% and you could see it’s pretty interesting right it’s going to get more interesting once I scroll down I just want to go over this a couple times seems like in the the low is taken out in the 9:00

    A.m. hour of uh the previous hourly candle 88 three so obviously this hour has the best um rate of returning and all these are obviously really good right but it gets better than this so I have a script that kind of bases all the hourlies here and I’ll get into that as well and I’m going to show you some examples and I can’t believe this works uh I would never have thought something like this but uh it opened up my eyes

    So one of the things is how do you play this and where do you get in and everything else like that well now it’s broken down in 20 minute segments so if the prior high or low is taken out within the first 20 minutes now the odds of it returning are super high look at this if it doesn’t happen within the first 20 minutes it happens in the middle of the candle it’s kind of a coin flip and it happens on

    The back end you definitely don’t take it so the only thing that interest me is the first 20 minutes of an hourly candle if it sweeps the high or the low because the odds of returning back to the hourly open is basically over 85% um I’m willing to bet I’m willing to bet a trade on 87% I mean if it happens 87% of the time I’m I’m taking it I’m just telling you I’m taking it there’s no reason not to um

    Especially at the 9:00 a.m. hour I mean it happens 94% and 93% of the time why uh why would I not take that um yeah so let’s get into uh the script I’m using it’s HTF candles and I basically have candle boxes only time interval 1 hour so basically it boxes off off hourly boxes uh I mean that’s pretty much what this is the hourly box and this is the five minutes it trading within the hourly box all I care about

    Is the first 20 minutes so it’s the first four candles I’m looking for the sweep below and then for it to re-enter the hourly candle and I can’t believe this works so often basically the first five minutes sweeps trades back through you would obviously you would buy at uh 20 basically 22,2 and uh the opening was 22,31 and that would be your sell point no I apologize it’d be 2210 that’s where it opened at so this is an eight-point trade um

    I’m just looking for examples you know this would not qualify you know you’re looking for like small like not small sweeps you’re looking for sweeps so here’s one that actually is that a wick no it doesn’t see sometimes with this script because this line lines up it kind of looks you know but here’s one the fir it sweeps above the hour in the first 15 minutes we opened at 66 we would have swept above and sure enough it freaking returns it’s

    Not a big trade at all but the fact is that it does it and it’s so mindboggling to me I’ve never tested this before um obviously I I’m I’m not so even on this down so yesterday yesterday was a massive down day and even on this massive down day it worked it swept below you would have gotten back in at 79 and you would have taken this up to 95 for the win that’s crazy so you would have went long on

    This crazy down day and you would have made you would have made money this doesn’t constitute because it never sweeps back in 5 10 dude even on this it basically you trade back in here it almost goes back now listen would I have taken Longs on this day the answer is no to be honest with you um I I would not when there’s news involved that’s this bad you would not see me taking long cuz I have other indicators and like

    I said but it it’s over it’s backed over 10 years worth of data which is which is absolutely crazy if you think about it you know here’s another one you you open up you sweep above we opened at 127 you would have got in at 142 and it would have came back down another winner this swept above in the first five minutes another winner swept above in the first 20 minutes another winner this is crazy I I mean I got to

    Figure out um I’m probably only going to trade the uh you know 8:00 to 400 p.m. where he has the data on it but but uh it’s so interesting to me here’s another one sweeps above comes back through would have got paid so I I’m not going to go through all these because I don’t want to bore you but it’s very uh interesting and I will uh I’ll be playing this