i've been working on a range break strat recently. i noticed waiting for pullbacks are lucrative, yet rare. getting a quality entry as the move begins by using your method is a game-changer. thank you etienne for sharing your trade setups with everyone. you probly spent countless hours developing this setup and now we all get to benefit from your hard work. cheers.

@DesireToTRADE

Жыл бұрын

I probably spent 1 year developing and improving it… enjoy! You’re welcome to make it your own!

@nomosfoster2457

Жыл бұрын

@@DesireToTRADE Thank You!

@chrisblundell2481

Жыл бұрын

Man I've backtested as far as I can go on 5m chart in audjpy,win rate low but holy hell it boosts the account nicely due to r/r

Thank you so much for showing the losses too ! Other traders don’t do that , they just say it’s not 100% & proceed to show the most textbook of trades that usually don’t translate in real market conditions 🙌🏽

Thank you for sharing. Will backtest, and work the edge!

Very clear breakdown! I enjoyed your video and strategy 🔥🔥🔥

Thanks for sharing. Nice to have this to compare other methodologies with.

Sincerely appreciate the knowledge you share 💯

@DesireToTRADE

Жыл бұрын

Always my pleasure!

Excellent training, thanks!

@DesireToTRADE

10 ай бұрын

You're very welcome!

Thank you for sharing your tricks with us. I really appreciate you for your honesty. I also listen to your interviews while driving...but then forget to comment since I get to work or home. lol. Love your work. Thanks again Etienne!

@DesireToTRADE

2 ай бұрын

Always my pleasure!

Thanks bro! your explanations is very good and simple i like it!

@DesireToTRADE

Жыл бұрын

I’m glad that was useful!

Thanks E gonna check that one out!!

@DesireToTRADE

Жыл бұрын

Keep me posted on how it goes 👍

Was looking for an Asian open strategy to go along with my London strategy... will be back testing this and will hopefully be able to add to the arsenal. Thank you Etienne, appreciate your work!!

@DesireToTRADE

Жыл бұрын

Very glad I could help! Keep me posted on your results :)

Hi Etienne thanks for sharing this strategy I will definitely take a look at it! Cheers.

@DesireToTRADE

Жыл бұрын

My pleasure, Stephane!

great video mate !!

@DesireToTRADE

Жыл бұрын

Thanks a lot!

Nice one mate, not many people share working trade setups. This is the sort of trade I love, the best part is that there is always some dependence on nuance and so noone will automate it 100% how u trade it as a manual trader, I think the key is how you interpret confirmation of a new high or low and how you know 'it is for real' that change in market mood that is almost impossible to define in code. You are right about the false breakouts in Asia, last year they were bread and butter trades on indices, this year Asia can set the trend for 24 hours. I like it👌

@DesireToTRADE

Жыл бұрын

Nah breakouts are very hard or impossible to code. This is the stuff I trade manually when I have time. I’m glad you found this useful!

Hi Etienne, I live in Australia, so this Asian strategy is amazing for me. thank you so much for your time. It would be awesome if you would share more about this strategy. Cheers Kevin.

Clean way of trading breakouts! Never seen breakouts with this angle, thank you for sharing this. Most likely if you get stopped out using this strategy to enter, you were wrong and the market will go back in the previous range. Thanks!

@DesireToTRADE

Жыл бұрын

Absolutely! I'm glad that was useful :)

This is super basic yet I see potential for it to be so rewarding,hardest part would be dealing with the b/e trades and losses

Thanks you sir Étienne for rich vedios

Thankyou for this Etiene , very good , when the candle heads back to the range does it have to close back in the range or just the wick is enough to close the trade ? cheers

Thank you Etienne for your education videos. Btw I’m also in Thailand :)

you are smart... good luck in trading

@DesireToTRADE

Жыл бұрын

Thank you!

Thanks for this Etienne! I want to stick to Asia session because I am in California and NY starts at 5am (too early for me !) and London starts at 12am. Asia starts at 5pm for me which fits my schedule. What is your win rate for this one?

Great video Etienne, you defo provide some of the best content on youtube for serious traders. Curious to know if you have/to what extent, tested this strategy to see if it also works on other markets/session times as a strategy to assist with trading range breakouts in general?

@DesireToTRADE

Жыл бұрын

I appreciate it! I did a ton of backtesting back in 2018 but only for the Asian session. Generally, this works better in a slower environment like the Asian session. For other timeframe/pairs, I'd recommend this other breakout strategy: kzread.info/dash/bejne/mqGb28myXcLRYc4.html (works well on more timeframes)

Smart way to not lose money!

Very clever

@DesireToTRADE

Жыл бұрын

Glad you think so :)

I changed profit target to 1.3 for first point and changed it to taking 60% instead of 50%, barely changed win rate over 120 trades I tested but PL vastly improved due to being in profit on trades that hit first tp and then get stopped out.

@DesireToTRADE

9 ай бұрын

Well done on testing that!

Thanks for this Etienne. Really clearly explained. You put out great content and I'm looking forward to seeing your channel grow even further. Have you experienced more volatile returns from this strategy or more of a small / consistent result?. Keen to add it to the repertoire!

@nomosfoster2457

Жыл бұрын

Fraud cloned his page faking to be him.

Hello Etienne. Nice video. I've been researching session breakouts recently and this video is really really helpful! Can we use the same strategy for London Breakout?

@DesireToTRADE

2 ай бұрын

I’ll do an updated video for London some day.

Thanks for the free game sir! 🙏🏾🔥

Could we apply this to the hour chart?

Strategy is really good...do u have something for short term swing like 1 hour TF for office goers..thanks in advance

@DesireToTRADE

Жыл бұрын

This could be better for the 1hr chart: kzread.info/dash/bejne/mqGb28myXcLRYc4.html

Hi Etienne, are you still using this Asian session strategy, is it still working for you? as it fits my lifestyle perfectly. thanks!

Hi Etienne. Thank you. Why do you set your chart to UTC+7 and then look at 6:00 UTC+7? I would think if you are trading the Asian session then maybe you could set your chart to Tokyo time (UTC+9) and look at 8:00 UTC+9, which is one hour before Tokyo opens.

@DesireToTRADE

3 ай бұрын

Yeah that’s true but I’m trading other swing strategies too and prefer to have my chart at the current time for those.

Enjoi all the fase breakouts😂😂

what chart you people are looking? i check AUD/JPY and ALWAYS do a false breakout.... how many times this strategy will work? 1 out of 30? i don't understand

Is this called the London breakout strategy?

Hey Etienne, how do you calculate the lot size for this kind of orders?

@DesireToTRADE

2 ай бұрын

I generally risk 0.5% on these trades… so 0.25% per order. TradingView calculates that for you when you enter a trade in.

Etienne, months ago I met a Spanish guy that looked just like you! Like a twin of yours! The other people who saw your video said I was right on with my observation! Are you Spanish by any chance? Tty soon! Thanks for the videos as usual!

@DesireToTRADE

Жыл бұрын

Haha interesting... And no I'm not Spanish.

@usa4ever711

Жыл бұрын

@@DesireToTRADE Well, Spanish people are mixed with this or that so... It's still a possibility you might share some DNA. The resemblance is quite amazing! And believe me I tell the truth as I used to be into art so that made me (or anyone else who's into art) very detail oriented!

im in bangkok as well, trying to find a morning day trading stategy cuz im a college studdent and dont have time during the afternoon. And does this work well in GBPJPY also?

@DesireToTRADE

Жыл бұрын

Yes, however, GBP/JPY is more volatile and there may be more false breakouts.

what would be timings with respect to India?

Hey Ethienne, thanks. Reminds me of Rob Hoffman a little bit. Should we bring It to Algonation:) ?!

@DesireToTRADE

Жыл бұрын

It’s very tough to code a breakout because there’s no objective way to measure it. I day trade BBR on AUD/JPY 15 min using the algo though. Happy to share the settings with you if you don’t have them yet.

@agedvagabond

Жыл бұрын

If you were to automate this I would suggest using it to set context for another system, this could trigger another type of faster trading system that benifits from directional bias. I do a similar thing with a session box indicator I made.

@zetta8120

Жыл бұрын

@@DesireToTRADE I see what you mean. About this settings for BBR I would love them. Thanks! If It is already on the Algonation group I can check them there, I might have missed It - will finally have time to dive in from next month on. But yes would be so cool to watch It working, please share') It will be inspiring, and thanks so much.

@zetta8120

Жыл бұрын

@@agedvagabond my first thoughts were on how to benefit from possible direcion bias, check If divergences and price action could let me hop on, eighter in the direction of the break out, or on a possible exaustion/pull back and reversal, using the one and two minute TF since I have been practcing this kind of entry on low spread pairs at certain levels (still trying to understand Its nuances). One of this days, If possible, would like to understand what you meant by this system you've developed, (session box indicator) when and where maybe available. Thanks a lot!

@agedvagabond

Жыл бұрын

@@zetta8120 I just divide the day up by sessions, Asia, Europe and USA and I trade breakouts of those sessions highs or lows. Pretty much the same as he does here.

Have you tried this strategy on the Hang Seng index?

what is tick actually?

I found two ‘’indicators’’ with this name and the opens of session is not showing on the chart, but they are in the settings.. :(

@martinaasen8440

Жыл бұрын

Nevermind! I found it 😁 You have to search for: Code for All 4 Forex Sessions W/ Background Highlight!!!

@RG-jr8ym

Жыл бұрын

@@martinaasen8440 Is this indi for mt4 mate. where did you find it thanks

@RG-jr8ym

Жыл бұрын

@@martinaasen8440 sorted out thanks..

@martinaasen8440

Жыл бұрын

@@RG-jr8ym Tradingview

Hi Etienne, i dont get how you kinda close and get 1% while your trade is still open. How can you get 1% and then it hits your stop loss and thats a break even?

@DesireToTRADE

2 ай бұрын

I tend to move my stop to breakeven and use multiple targets. So maybe not 1% but 1R is reached.. then my stop goes to breakeven and worst case I get a 1R win (maybe 0.5% on the entire trade).

I only trade methods that work in all markets

@DesireToTRADE

Жыл бұрын

Ultimately when you day trade Forex, you need to adapt to the different sessions (different periods in the market). They are different environments so you'll lose if you're trading the same strategy as in other sessions.

@calvinle9009

Жыл бұрын

@@DesireToTRADE okay so what pair is this

Slippage and spread is unbelievably brutal on such short timeframes (i.e. small excursions) with pairs other than fiber. However, provided that extreme care is taken to avoid overfitting, you can employ heavy filtering since your signal frequency is pretty high. Also, the skew for these type of models is positive and it’s long vol both of which are great.

The majority of the breakout trades shown in this video were losses. I’ve noticed that whilst you were waiting for a breakout trade, a lot of good support and resistance trades happened which could have been profitable, do you ever trade these, or do you always wait for breakouts? What would you recommend?

Just explain your London session pairs trading, I am not awake for all this shit

@richardfrank4279

Жыл бұрын

My greatest happiness is the $28,000 weekly profit I get consistently

@adrianablessing17

Жыл бұрын

Same here, I earn $13,000 a week. God bless McMahon, he has been a blessing to my family.

@calvinle9009

Жыл бұрын

All bums

@reefeightmukasa3812

11 ай бұрын

@@calvinle9009😂😂😂

Thanks for the ideas man. The R/Rs (1:1 1:3) are awful so I wouldnt use it. SMC works wonders and allows to enter in very small trades like what u called fake breakouts fousing on the R/R. Check mentfx or pips of persia, really perspective changing

@kareizaamune429

Жыл бұрын

There's nothing awful about having a strategy that consistently gives you 1:2 RRs. The reality is that most traders including those that trade "SMC" lose money. It's far better to have consistent 1:2s than random 1:10s.

Honestly useless without a spreadsheet where you have logged the performance of this strategy for at least 12 months

@DesireToTRADE

2 ай бұрын

I’m sure you can test it for yourself :-)

Isn’t this pure gambling?

@vlatkosurlan545

Жыл бұрын

Gambling is when the house has an edge on you. Trading is when you have an edge on the market.

Your strategy man needs more confluence you can just place your trade out of the break of Asian session 😂😂😂 you need more confluence in the the market bro like identify the supply and demand zones where banks are targeting their liquidity

@DesireToTRADE

2 ай бұрын

I don’t think this is the case. Simple is better. And if you ever test it, you’ll see that strategies works pretty well as it is.

Losing retail-logic driven strategy. Don't know a single pro trader that trades breakouts, and I know quite a few. Just long support, short resistance and fade range highs and lows, bro - you will outrader 95% of people. Do the opposite of what this guy is showing you, for real.

Awesome