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Transcript
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What’s going on, guys? So, today I’m going to show you how we basically grabbed the bottom um of the market today and had a amazing trade. Amazing amazing trade. Uh before I get into that, we stream live every day 10:30 till noon, 2:00 pm to 4:30. Uh if you want to support the stream, use coupon code Cove Trader. It’ll give you the biggest discounts at all the prop firms. But, uh, I’m going to show you. So, yesterday I decided to take
My 150, uh, account and that’s going to be my one trade, two trades a day account, and we’re going to ride the the gains. And that’s what we did on the live stream today. So, basically, we grab the bottom. I’m going to show you how. Now listen, there is no 100% correct uh things, but uh I’m going to show you what I was looking at. And once there’s so many things in your favor, the probabilities are just there. All right, so
The first thing I have on the hourly chart, we traded right back into this breaker block, right? So boom, right there. I’m looking to take a long um on top of a breaker block, we also have a fair value gap. So that’s double. So now we got two things right there. Right on top of that, I want to show you what else we got going on here. Let me pull it up. So on top of being in the hourly fair value
Gap and the breaker uh block, we basically have swept the uh initial balance right here and we are coming back through. So coming back through is obviously uh bullish to me. On top of that, after we popped and came down, we have a higher low. So now we have a higher low. We are in the hourly fair value gap. We’re in the hourly breaker block. And now we’re pushing out of all of this back into the initial uh balance. That to
Me was good enough to take the trade on the way back up, which we did. My stop would have been right below here. And I was targeting well you I had a target I believe it was 87. It was targeting this this wick is what I was targeting. And did I know we were going to shoot all the way up? No. Obviously Trump came out tweeted or talked about news that’s out of my control. I’m not taking credit for all this
Where Trump talks and goes crazy like that’s not the trade. The trade was exactly what I talked about. We come up and then you’re getting out up here and you know what you got in at I think we got in at like 27 28 and we rode it for like almost 60 points. Like you don’t need more than 60 points a day. I I bought in I think I had 10 micros or 15 micros in one account and about 10 micros
In another account. Like you don’t need more than that. That’s more than enough to be done for the day. And uh we wrote it up and yeah, it was an awesome awesome trade. And that’s what I look for. Sweeps below, come back through higher lows. I want to see on the hourly if we’re fair value gaps breakers and then I’ll even zoom down to see where we’re at on the five. And that’s why you got to use all these different uh
You know time frames. You can’t just look at one time frame. I’m just looking at all this stuff here that uh transpired today. But yeah, I mean that’s pretty much it. It was just things just came together. And is it 100%? No. But the probabilities are are in your favor. And that to me was a great setup. And I have videos on um all this stuff. I have videos on the break blocks. I have videos on the initial balance. Uh they’re
All in separate videos. I talked about it on the stream. And uh yeah, it was a awesome awesome trade. So, if you have any questions, come on the live stream, ask or comment on the video.
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