He seems pretty excited about his strats, especially the 2nd one, which to me is screams "edge"!

Love his confidence, calmness in teaching and clear n concise references.Thankyou

veteran scalper words of wisdom are gold nuggets , surely PART 3 is needed with a live session with the master ...Let's GOOOO

Always good, valuable information, thank you Etienne. You really make a difference, no nonsense, pure trading inspiration.

So valuable, can't wait for part 3. Thanks so much Etienne and Michael.

@DesireToTRADE

Ай бұрын

What would you like us to cover in part 3?

The 2nd strat gets my attention. Currently doing a lot of fairly discretionary scalps but it would be nice to keep side open with NQ etc solely for this scalp.

Excellent thanks, part 3 please!

Thanks man

Trading percentage levels would be a great content for a future video, very few , almost no information about it out there.

This was awesome, let’s get part 3

@DesireToTRADE

Ай бұрын

What do you want us to cover in part 3?

Awesome!! Thank you ! Part 3 please!

@DesireToTRADE

Ай бұрын

What do you want us to cover in part 3?

@craigh5631

Ай бұрын

@@DesireToTRADE I’d like to see the money manage part of it and some examples of the trade and how it was taken off pieces or all at once. Thank you

I have friends who does scalp based on market timing. Using long term swing trading works for me rather well specifically in the futures market. 1 to 3 week holds

@zbjaslee0108

Ай бұрын

You are very patience

@lockdowng112

Ай бұрын

Whats your entry/exit criteria and are you just using DCA until you are back in the green?

@zirhamsa

Ай бұрын

Which one u use

@GreenFuryGaming

Ай бұрын

@@lockdowng112 COT

In the strategy one, I can see the Hull moving average is used correct ? and if it is the case what would be the correct setting for that HA?

@michaeltoma1023

Ай бұрын

Hi Elwood. I use the default 21 per. setting.

Regarding strategy 1, can you confirm for me what you mean by "Yesterday's Closing Price" and "Today's Opening Price"? What times, in New York time, for instance, are you referring to exactly? Also, do you use these same times for indices, forex, stocks, metals, etc.? Or do you use different "end of day/start of day" times for different markets? Thank you!

Good Content

@DesireToTRADE

Ай бұрын

Glad that was useful!

terms slike breadcrums or tight stop dont mean anything if you dont give numbers - whats the average or minimum % you are seeking per trade, how tight is the stop %

@michaeltoma1023

Ай бұрын

my default is 1/10 of 1% move in the index, so an ES default target is +5 pts. 😄

Well is ot really a question if we want part 3? Isnt the question why isnt it released yet? 😊 asesome vid!!

@DesireToTRADE

Ай бұрын

What do you want us to cover in part 3?

What brokers would you recommend?

I'm assuming that using a demo account is simulated trading or 'paper trading' and you're not "live" trading. If that's the case, when you're trading live you'll notice that you're orders don't get filled as quickly as it would with the AI program that you're competing with. In some cases, the order isn't filled at all. I know volume and liquidity plays an important part in getting orders filled but I still wish the simulated trading could mimic live trading more closely. You'll have to modify your strategy in order to adapt to live trading.

can strategy 2 work with Stocks? Thanks for the content.

@michaeltoma1023

Ай бұрын

absolutely!

Michael, are you originally from Lecce province in South of Italy? here your surname is really common

@michaeltoma1023

Ай бұрын

Interesting. My ancestors are from Napoli region. Can't wait to check out Lecce one day. Thanks!

When you say 95% trade compliance Would you please explain your definition of Trade compliance.

@DesireToTRADE

Ай бұрын

Following every rule in your trading plan for a trade. You should aim to follow all your rules on 95/100 trades.

I have been in this for 4 years. Maybe time to move on from only forex? Anyway VWAP and forex don't work together. So there goes that strategy. Used to like scalping but now I think I would burn out in 10 minutes.

@lockdowng112

Ай бұрын

lol. This is the issue Im having. Just looking at charts is killing me. I need to look at 1h/4hr charts with alerts so I can just trade when key levels are hit/broken.

@michaeltoma1023

Ай бұрын

Burnout is real and happens to me too. I use round numbers for FX trades instead of VWAP. Thanks for your comment.

@lockdowng112

Ай бұрын

@@michaeltoma1023 Hi mate. Do you now trade higher time frames or adapt a string trading approach? I feel I want to swing trade instead now. A 2 or so week swing with multiple DCA's if needed. Then grab a 5% move when it turns in my favour.

When are you going to bring back rajabank on your podcast. We been asking this for 2 years.

@DesireToTRADE

Ай бұрын

When I’ll have proof that he’s a profitable trader.

@1stormriders

Ай бұрын

😂😂😂😂😂 fantastic answer me!

@jassimcma4265

Ай бұрын

😂😂😂😂

Some clarification needed- Strategy 1: You say to mark the day's open but don't say what role it has in the setup later.

Enjoying this series when part 3?

@DesireToTRADE

Ай бұрын

What do you want Michael to cover in part 3?

@snarlysausage4604

Ай бұрын

@@DesireToTRADE I enjoy the breakdown strategies & trades would like see more please

Can you invite some crypto traders.

😂😂😂

This ain't scalping though... Scalping is in and out in seconds for a few ticks. If your sitting on a 5min chart and waiting 30+ mins to hit your target your just trading 5min swings

@amberhilton9586

Ай бұрын

Sir stop posting nonsense please. If you hit your target in 30 mins it certainly is scalping.

@deank179

Ай бұрын

@@amberhilton9586 No, it most certainly is not. It's just intraday trading.

@deank179

Ай бұрын

@@amberhilton9586 Thought I replied already but either I forgot to send or it got deleted... anyway. I disagree on this. This is just intraday trading. Scalping is incredibly short term and focuses on capitalising on small spikes in volatility, usually using order flow (as in volume delta or the DOM) to target movements of a few ticks. Usually scalps last no more than a few seconds to perhaps a couple mins. Have a look at John Grady for example, he's a well known scalper who trades the treasuries. If you're targeting moves of 10 or 20+ points that take 30mins to reach, you're just intraday trading. Lots of KZread guys call their methodologies "scalping" because the word has a certain allure for some traders, especially newer traders. It's just marketing. But it's not scalping. Now, it's really not a big deal, I'll grant you. It's just annoying because it's so hard to find good scalping content on KZread because so many use the term incorrectly.

@deank179

Ай бұрын

Thought I replied already but either I forgot to send or it got deleted... anyway. I disagree on this. This is just intraday trading. Scalping is incredibly short term and focuses on capitalising on small spikes in volatility, usually using order flow (as in volume delta or the DOM) to target movements of a few ticks. Usually scalps last no more than a few seconds to perhaps a couple mins. Have a look at John Grady for example, he's a well known scalper who trades the treasuries. If you're targeting moves of 10 or 20+ points that take 30mins to reach, you're just intraday trading. Lots of KZread guys call their methodologies "scalping" because the word has a certain allure for some traders, especially newer traders. It's just marketing. But it's not scalping. Now, it's really not a big deal, I'll grant you. It's just annoying because it's so hard to find good scalping content on KZread because so many use the term incorrectly.

@deank179

Ай бұрын

Thought I replied already but either I forgot to send or it got deleted... anyway. I disagree on this. This is just intraday trading. Scalping is incredibly short term and focuses on capitalising on small spikes in volatility, usually using order flow (as in volume delta or the DOM) to target movements of a few ticks. Usually scalps last no more than a few seconds to perhaps a couple mins. Have a look at John Grady for example, he's a well known scalper who trades the treasuries. If you're targeting moves of 10 or 20+ points that take 30mins to reach, you're just intraday trading. Lots of KZread guys call their methodologies "scalping" because the word has a certain allure for some traders, especially newer traders. It's just marketing. But it's not scalping. Now, it's really not a big deal, I'll grant you. It's just annoying because it's so hard to find good scalping content on KZread because so many use the term incorrectly.