Hey Nick, I discovered your channel just recently and I really like your style. You are not trying to sell too hard your own ideas, but instead you are helping and inviting people to find they own "trading groove". In the video you mentioned this Two Up, Two down strategy can be complemented with some indicator or other data to filter out the worst entries. Have you ever tried/considered to use pure statistics for that purpose? I'm a big fan of statistics and I use it heavily in my strategies. As example. Here below is a link to the distribution of the highs and lows of the day by hour of XAUUSD from the beginning of 2008. It's quite clear that odds to succeed with this kind of reversal strategy are much higher if you trade for example Gold with it later in the afternoon (GMT), not during the morning hours.
Amazing strategy i tried from last night take it 12 trades from differents pair out of 12 nine trades running in 30 pips profit just 2 trades running in loss and one trade on break even point. So Thanks alot nick you gives us that amazing and very simple concept to trade. Thanks again.
The candlestick is the best indicator as it shows the what the market is doing while others show what the market did. Trading is a goldmine which need to be mined carefully so you don’t loose.
Nice one Nick. This is a strategy the Mr Paul Langham coined as the hedge fund strategy. He talks a lot about how hedge funds use this with certain pairs and trade management they follow. Check him out.
sorry Nick, I know you try to help people, but I can stop you right on your first example, just look att 2 candles before them, why don't you count those first?
yes keep it simple is the key i just trade doppletop and bottom with rsi divergenz in M15 charts since 5 months now and it works so good i just use 10 pip stoplos and go for 20-30 pip take profit
Great
mind = blown
VERY VERY VERY valuable info in this vid! thank you NICK! just started trading and your videos are helping wonders.
sounds like a pinbar or something likethat on the next higher timeframe.
thank you
This is actually insane for Day trades! this is highly probable
Hey Nick, I discovered your channel just recently and I really like your style. You are not trying to sell too hard your own ideas, but instead you are helping and inviting people to find they own "trading groove". In the video you mentioned this Two Up, Two down strategy can be complemented with some indicator or other data to filter out the worst entries. Have you ever tried/considered to use pure statistics for that purpose? I'm a big fan of statistics and I use it heavily in my strategies. As example. Here below is a link to the distribution of the highs and lows of the day by hour of XAUUSD from the beginning of 2008. It's quite clear that odds to succeed with this kind of reversal strategy are much higher if you trade for example Gold with it later in the afternoon (GMT), not during the morning hours.
https://docs.google.com/spreadsheets/d/1TcmFiSYAcCIQohXSZ23CiFEaT40WxvV8Hsqd54DAbno/edit#gid=1549572939
Take care and keep up good work.
Amazing strategy i tried from last night take it 12 trades from differents pair out of 12 nine trades running in 30 pips profit just 2 trades running in loss and one trade on break even point.
So Thanks alot nick you gives us that amazing and very simple concept to trade.
Thanks again.
Nick what's your yearly return on investment?
Whats the pros and cons
The candlestick is the best indicator as it shows the what the market is doing while others show what the market did. Trading is a goldmine which need to be mined carefully so you don’t loose.
Nice one Nick. This is a strategy the Mr Paul Langham coined as the hedge fund strategy. He talks a lot about how hedge funds use this with certain pairs and trade management they follow. Check him out.
May be combining this with over extension and area of value.
These are hindsight strategy. Not 100% gonna work and imho you're probably too late joining the breakout/reversal party
Here is a k.i.s.s. for you!
It is likely to gambling
Your Trade setup is a perfect example of
A Management concept
Called as Kiss 😘
"Keep it simple silly"
Thanx for sharing one of your secret🙏💐
NICE, Very similar to the 3 inside down/up pattern. One of my favs
Sir this Strategy Are only work daily timeframe
What timeframe does it work on ?
Nick that was great💪🏿
Simple yet powerful
sorry Nick, I know you try to help people, but I can stop you right on your first example, just look att 2 candles before them, why don't you count those first?
yes keep it simple is the key i just trade doppletop and bottom with rsi divergenz in M15 charts since 5 months now and it works so good i just use 10 pip stoplos and go for 20-30 pip take profit
I.liked the idea…Adding that to.the Artillery
sorry, your advice is only use it on Day chart?
Nice one Nick. I know another very well knowing price action trader who has been playing this for years, Paul Langham
Simplest solutions are often the best solutions
First!