This Trading Strategy Works Everyday (Stupid Simple And Proven)

Summary

This video introduces a simple, effective scalping strategy that promises consistent daily profits with minimal effort. The strategy involves three steps: using the ICT kill zones and pivots indicator, activating the MC indicator, and waiting for a specific manipulation candle to signal the trade. It works across various markets, including stocks, forex, and crypto, and can be implemented in under 90 minutes a day. The video includes detailed instructions, a backtest of the strategy, and tips for managing risk. Viewers are also provided with the exact indicators and settings to replicate the strategy on their own charts.

Takeaways

• 😀 Simple scalping strategy that works every day, designed for both beginners and experienced traders.
• 😀 The strategy requires only 90 minutes of trading per day, making it efficient for those with limited time.
• 😀 The strategy can be applied to all markets, including futures, forex, stocks, options, and crypto.
• 😀 The core of the strategy involves three key steps: activating the ICT kill zones and pivots indicator, using the MC indicator, and entering trades based on the manipulation model.
• 😀 The ICT kill zones and pivots indicator helps identify session highs, lows, and key pivots, providing a clear view of the market structure.
• 😀 The MC indicator identifies manipulation candles that serve as entry signals, helping traders spot potential trade opportunities.
• 😀 A 1:2 risk-to-reward ratio is applied to all trades, with a stop loss set below (for buys) or above (for sells) the manipulation candle.
• 😀 A crucial rule is to move the stop loss to break even after 1 hour of trade to eliminate the risk of a loss.
• 😀 The strategy is mechanical and consistent, requiring traders to follow strict rules without deviation, ensuring long-term profitability.
• 😀 Traders can access the exact settings for the ICT kill zones and pivots indicator and MC indicator, including a free community, free courses, and other valuable resources for further learning.

Q & A

What is the primary benefit of the scalping strategy presented in the video?

The main benefit of the scalping strategy is its simplicity and consistency. It's designed to be straightforward enough for beginners to follow and works every single day, ensuring predictable results with minimal time investment—less than 90 minutes per day.

How does the strategy accommodate different types of markets?

The strategy works in all markets, including futures, forex, stocks, options, and crypto. It is designed to be versatile, allowing traders to apply it across various trading instruments without requiring adjustments.

What are the key indicators used in this strategy?

The key indicators are the ICT Kill Zones and Pivots Indicator, which displays session highs, lows, and pivots, and the MC (Manipulation Candle) Indicator, which helps identify specific candle formations used to trigger trades.

At what time should traders begin their trading day according to the strategy?

Traders should begin their trading day at 9:20 a.m. New York time. This timing is critical to avoid unnecessary exposure to the markets and to capitalize on the best price movements that typically occur after that time.

What is the significance of the 'manipulation candle' in this strategy?

The manipulation candle is a key signal for entering a trade. It is identified using the MC indicator and represents a specific price behavior that signals potential price manipulation, which the strategy exploits for profitable entries.

How do traders manage their risk and stop-loss in this strategy?

Traders manage their risk by placing a stop-loss below the manipulation candle for a bullish trade (or above it for a bearish trade). Additionally, once the trade reaches the 1-hour mark, the stop-loss is moved to break-even to ensure no loss in case of a reversal.

What is the recommended risk-to-reward ratio in this strategy?

The recommended risk-to-reward ratio is a minimum of 1:2. Traders should aim to capture at least twice the amount of profit compared to the amount of risk they are taking on each trade.

How can traders ensure they don't miss a trade opportunity?

Traders can use alerts set within the MC Indicator. These alerts notify them when a manipulation candle has formed, allowing them to enter trades without having to constantly monitor the charts.

What is the role of the break-even point in managing trades?

The break-even point is crucial for risk management. After the first hour of the trade, moving the stop-loss to break-even ensures that even if the market reverses, the trader will not lose money on the trade.

What is the significance of the 1-hour mark in the strategy?

The 1-hour mark is important because it's the point where the trader should move their stop-loss to break-even. This step ensures that if the market moves against the position, the trader cannot lose money on the trade.