please use this trading system to make your first $100k

Summary

In this detailed trading tutorial, the host guides viewers through the application of EVC (Efficient Volume Cluster) strategies on a one-minute gold chart, demonstrating how to identify and capitalize on market trends. The video showcases real-time trade setups, entry points, and management techniques, emphasizing the importance of context, validation, and patience in successful trading. The host also shares members' positive feedback and profitable trades, reinforcing the effectiveness of the EVC approach and encouraging viewers to build personalized trading systems.

Takeaways

• 📈 The video discusses trading strategies for the one-minute time frame, specifically focusing on the EVC (Everyday Volatility Contract) blueprint for trading gold.
• 🌟 The speaker emphasizes the importance of watching the market for 8 to 10 hours a day to identify opportunities and manage trades effectively.
• 📊 The speaker reviews a previous video where they achieved an 8 RR (Risk Reward) on the day, demonstrating the effectiveness of their trading strategies.
• 🔍 The video explains the process of using the M effect screener for gold, highlighting the overall bullish context and the importance of waiting for the right entry points.
• 📉 The speaker discusses how to identify and wait for market setups, such as a move out of a sideways pattern, which indicates a potential for new highs and continued bullishness.
• 💡 The video illustrates the use of EMAs (Exponential Moving Averages) to identify entry points and manage trades, emphasizing the need for patience and discipline in trading.
• 🚀 The speaker shares examples of successful trades from their students and members, showing how following the EVC rules can lead to consistent profitability.
• 🔄 The video highlights the importance of managing trades by moving stop losses to break even and using the 10-rule for taking profits, which involves closing trades at or near the close of a candlestick.
• 📚 The speaker mentions the value of their mentorship program, which provides in-depth training on trading strategies and market analysis.
• 💼 The video concludes by reinforcing the idea that building a personalized trading system, tailored to individual time frames and preferences, is crucial for long-term profitability in trading.

Q & A

What is the main topic of the video?

The main topic of the video is trading strategies, specifically the application of EVC (Extreme Value Calculation) blueprints for trading gold on a one-minute time frame.

What does the acronym 'EVC' stand for in the context of the video?

In the context of the video, 'EVC' stands for 'Extreme Value Calculation,' which is a trading strategy or blueprint discussed by the speaker.

What is the speaker's approach to trading in the video?

The speaker's approach to trading involves watching the markets for 8 to 10 hours a day, identifying opportunities based on EVC setups, and following specific rules for entry and exit in the market.

What was the outcome of the speaker's trading on the day before the video was recorded?

The speaker ended up with about 8 Risk Reward (RR) on the previous day, indicating a profitable outcome from the trades executed based on the EVC blueprint.

What is the significance of the 'one-minute' time frame in the video?

The 'one-minute' time frame is significant as it is the specific time frame the speaker uses to demonstrate how they would personally follow and trade gold using the EVC setups.

What does the speaker mean by 'RR' in the context of trading?

In the context of trading, 'RR' stands for 'Risk Reward,' which is a ratio that compares the potential loss and potential gain of a trade, indicating the performance of the trades made.

What is the importance of the '60-minute' and '6-minute' time frames mentioned in the video?

The '60-minute' and '6-minute' time frames are used by the speaker to establish the overall context and direction of the market, helping to identify the right moments for entry and exit in trades.

What is the 'M effect screener' mentioned in the video?

The 'M effect screener' is a tool or method used by the speaker to analyze the market for gold, specifically to identify the overall bullish or bearish trend that will influence trading decisions.

What does the speaker mean by 'stalking and watching for' in the context of trading opportunities?

In the context of trading opportunities, 'stalking and watching for' refers to the process of closely monitoring the market for specific patterns or setups that align with the trading strategy, in this case, the EVC blueprint.

What is the '10 rule' mentioned in the video?

The '10 rule' is a specific rule used by the speaker for managing trades, likely referring to a method of trailing stops or taking profit based on the movement of the market after a certain number of candlesticks or time period.