Transcription
I make over $25,000 per month with just one indicator. Now, here's the crazy thing, though. It's just the one indicator. No higher time frame analysis, no all day screen watching, and no guessing. And in this video, I'm going to show you exactly what that indicator is, how it works, and the complete strategy behind it, so that by the end, you have everything you need to get funded and finally start getting paid.
So, here's what we're going to be covering. The first is why most traders are over complicating their charts and why that's making them lose more trades. Secondly, we're going to go over the exact indicator that I use and exactly how to set it up in 2 minutes. And thirdly, we're going to go over the full mechanical strategy that I run every morning at 9:30 a.m. Eastern Standard Time to get consistent payouts. So, let's get into it.
So most traders sit in front of their screens all day and they second-guess every candle, moving their stop losses, and wondering whether to go break even. And that's not trading. That's gambling, but with some extra steps in between. So this indicator eliminates all of that. And here's why.
So once you've identified your zones, which the indicator does for you, right? You're going to place stop orders, not limit orders, stop orders. So, a buy stop will be placed above the high zone and then a sell stop will be placed below the low zone. And that's it. You walk away. The market does all the work for you. Let me show you exactly what I mean.
Okay, so of course we're trading the Dow Jones or US30. You can also trade YM futures. I trade a lot of futures as well. Then you're going to be on the 15-minute time frame only for this strategy.
So, what ends up setting up every single morning is pretty simple. You get the 9:30 a.m. Eastern Standard Time open. This white column right here is when it opens. Now, before market open, you have the Asia session ranging. We have a move up and we have a move down. Okay? There's always going to be these significant levels that are generated before the New York session open over here, at 9:30.
Our job used to be to mark out these zones. But what we have now is an indicator that does it all for you. Is this indicator here: Breakouts by JMO Trades. You're simply going to go to the link in my description, and add it to your chart after you sign up for free.
Now, once you've added it to your chart, you're going to see this pattern play out over and over and over again. It's going to be very simple to see because every single time this pattern is created, the indicator is programmed to identify it and show it to you exactly the way that I spotted in the markets with my own eyes. So, you essentially have me watching your charts for you so that you can decide which areas are best to trade from. You don't even need to figure it out for yourself. It's shown here on the chart by these two lines.
And all we're going to do for this strategy is wait for the gray part to open, meaning you do not trade before 9:30 a.m. Eastern Standard Time. And you're going to set into the market a buy stop here with your stop loss basically below the low. And you're going to target a 1:1 risk-reward ratio. Similarly, you would have a stop limit right here as well. And you would put your stop above the swing high over here with a 1:1 risk-reward ratio.
So the first thing you do is identify these two lines. The second thing you do is put in your stop orders. Third thing you do, walk away. Do nothing. You set and forget. Okay.
So here's the first example that I'm going to show you. Essentially, you can see we're getting towards the open of New York session, and we've got two zones that we can clearly see that happened. Most recently, we've got one right here and we've got one right here. However, you can see that before New York open, this area over here was already taken out. So, what do we do once it's taken out and we push up significantly? We look for the next pivot, which was this right here. Okay? So, this was the area that took it out and reacted. So, we created a whole new zone because it not only took out this one, but it took out the zone before it. So, we've got a brand new zone over here essentially.
So, what we would do prior to the open is set our orders. So, our first order would go right here with a stop above the high and targeting one-to-one risk-reward. Our second order would go right above that. So, we would be looking at a long position above here currently with our stops below here because we don't know how far down, um, it's going to go. So, let's see how that played out.
So the open happened, and immediately on the open candle we managed to take profit on that open candle. It's very important to remember, though, that you do not want your entry to trigger before the open of New York session. You must make sure to put your entries in your stop and buy orders a few seconds before the open. And if it looks like you're about to get triggered into your order before the open, you need to remove that order. Okay. And then wait for your order to be triggered in session.
Let's have a look at another example. So just the day before this, there was another example of a brilliant trade that happened. And again, we take these trades all live on stream with our community. So there's no judgment of hindsight here.
So we've got this zone right here clearly marked out by the indicator, and we've got this high right here. So, we're simply going to place our order in for a for a sell over there. Stops just above the high with a one:1 risk-reward. Okay, the session's already opened up, but we had not taken the high or the low just yet. We would then similarly place our buy position at this high right here. Stops just below. And we would target one-to-one with that as well. But you can see here, we're getting very close to being triggered on the cell. So, it's likely that we're going to get triggered on that cell. So with the stop order in place, let's see how that plays out.
Okay, so it plays around a little more. Once again, it is up to you. This is the only manual thing you need to do with the strategy: once this is tagged in, you need to remove the buy order. So if one side gets tagged in, you need to remove the other side's order. And if you held it all the way through, eventually, come the next New York session open, we then hit our takerit here for our full one takerit.
We can see there was another opportunity just before the open. So 15-minutes before the open, we can see clearly, the indicators marked out the high here and the low over here. So what we can do is mark these on here and here, and simply wait for one of these sides to go.
And once again, you would place your orders right here. Stop above one-to-one. And then you' place your buy at the high below. I would put stops below the swing low. And we simply wait for one of them to be triggered.
Now the open happens. We get triggered right here on the buy. And just like that, this one missed us by a hair. So this is an example of a losing trade that will happen. And it's totally normal to have losing trades in a system, especially a mechanical one like this.
Okay, so here we can see once again the same pattern over and over again. We had this high, which was the most recent high that was produced by the indicator. It was taken out before the open, and we've had a pullback since. So I would be looking at this new high that was created because we took out the most recent one and pulled back. Okay. Then we've got the low that was the closest, which is obviously this one right here. We then place our orders on those levels and we simply wait for them to play out at market open.
So we've got a one-to-one here, and then we would have another order sitting right up here with one-to-one. Okay. So on the open we tag immediately. And there you go. Eventually we hit our target.
And here, same pattern once again. As you guys can see, before the open, this took out the high and then pulled back. So, what do we do? Once again, our high would be at the high of this candle. So, we would place our buy at the high with our stops below the low, and we would target 1:1 risk-reward ratio. And it's as simple as that. As you can see, we already got tagged in. And there you go, full take profit at one-to-one.
So there you go. That's my full strategy including my indicator and how it works. Remember, you can get it for free with the link in the description down below. So make sure to go and grab yourself that, and join my Discord community so that you can get plugged in with others trading this exact strategy. And you can join our live streams where I trade this in front of you every single Friday with this exact system.
And look, if you're trying to wrap your head around how I actually get funded and how I manage to pull in payouts like I do on these videos, I made a video on exactly how I do it, about how I get funded, and then risk manage my accounts to get payouts consistently every month. It's probably the most important video on this channel if you're serious about getting funded. So, click the video over here to go watch that next. And that's it for today's video, guys. I'll see you in the next one. Make sure to go watch this video and have a wonderful.