[00:00] different complex trading strategies and it took me years to realize that having a boring and simplified trading approach is what ultimately led me to making
[00:13] consistent profits in the market. Last month I made over $44,000 using what I consider a boring trading strategy. The reason it's boring is because it's mechanical. It doesn't require any daily bias. You don't need
[00:28] any fancy indicators and it requires very minimal discretion. So, in today's video, I'm going to be sharing with you my boring and simple trading strategy along with three trading setups that I use on a consistent basis. And then I'm
[00:42] going to be showing you live trades that I took in real time. So, with this being said, let's get right into the video. So, as you can see right here, I have my trading statistics pulled up for the month of March. As I mentioned, I end up
[00:54] making over $44,000 on this month. My trade win percentage this month was 66%. So I actually end up having a really solid trade win percentage this month. 60%. So based off this month's statistics, I was a little bit on the
[01:10] upper range of my trade win percentage. As for my profit factor, 5.24 day win percentage was around 88%, so I had 15 winning days with only two losing days. week I had a few red days but besides that basically the rest of the calendar
[01:27] was green and most importantly the average win to loss ratio which was 2.62. I usually try and aim for around a 1 to2 risk reward ratio. So that means for every single dollar I'm risking I'm looking for at least $2. This month I
[01:41] end up having a couple trades that ended up boosting up my win loss ratio. So the first trade that I took this month end up being a $12,000 winner. And then I had another super solid trade later into the month which was on Tesla and then
[01:53] Nvidia as well. So as you can see here, this is one of my more solid months of the year. A lot of that has to do with the fact that the markets are very volatile right now. So as you guys know, a lot of my trades that I personally
[02:05] take are a lot of intraday momentum and scalps. And when the market presents markets, that is the best time to look for trading opportunities intraday. And that's exactly what I've been able to capture. And that's why I've had so many
[02:20] all green for the whole month. We had a few losing trades earlier into the month to three trades per day. And all these trades were fairly solid with
[02:35] setups that I use this month along with some live examples as well. So now let's talk about the bare bones of my strategy. And what I personally trade is what's called the break and retest. So within the break and retest in itself, I
[02:50] have three primary setups. Number one being the opening range break and this opening range break and retest. What we also have is the order block
[03:02] break and retest. And then we have the previous day high and previous day low retest. So these are the three primary setups that I used last month on a using some sort of order block to get in or I'm using the previous day high and
[03:19] and retest system in itself. So, all the entry criterias are fairly similar. The but they all serve the same purpose. So, really what we're going to be looking
[03:34] for in regards to the break and retest is we're just going to be looking for the price action around the key levels. So let's say for example this is your previous day highs. So what we want to see is the reaction that we have off of
[03:46] your previous day highs. If we can get above with displacement, what are we going to be looking for? The potential retest off of your previous day highs for this continuation back towards the upside. If the market wants to show some
[03:58] can be looking for the retest back towards the downside. So all we're doing is looking for the reaction around these key levels. This is basically what the strategy entails. Now, let's go into the actual individual setups themselves and
[04:13] take a look at them a little bit more in depth. So, the first setup that we have basically how the opening range breaker and retest works is we're going to mark out the first candle high and low of New York session open. So, at 9:30 a.m.
[04:28] Eastern Standard Time, this is when the New York session opens. What you want to do is mark out the first candle. So you can see this is the first candle of New the five minute time frame. On the 15 minute time frame depending on what time
[04:43] frame that you trade on, this is going to be the first candle of New York then what we want to do is wait for the break above or below the first opening candle. So in this case, what we have is this push towards the upside. So we have
[04:58] off of your retest, which is going to be that opening candle range high. So, what we like to see is the buyers step in off this opening range high to push price
[05:10] another scenario that can play out on the opening range break and retest is if we actually get back underneath your opening candle range high. We can be looking for the retest off of this level for a push back towards the downside. In
[05:26] this case, it would be your opening candle range low and below as well. So, this is actually a reversal setup. I use this quite often. If price doesn't want looking for the reversal trade to target the opening candle range low. So, this
[05:41] out on the markets or if we're looking for an intraday reversal on a higher time frame trend. And both these setups when we are looking at risk-to-reward is
[05:53] upside, our risk is going to be very minimal. We're just going to be risking similar to the downside, if we end up having this retest back towards the
[06:06] downside, our stop is going to be fairly tight and we're going to be looking for why the break and retest works so well is because we can have minimal risk and order to become profitable. We just need to be right enough and have a solid
[06:25] risk-to-reward ratio in order to capture these trades on a consistent basis. So the next setup that we have here is your previous day highs and your previous day off of your highs and lows in the markets. If we can bounce off of your
[06:40] previous day highs. If we reject off your previous day highs, we can be looking for a push back down in towards your previous day low. And similarly, if we can break above your previous day highs, we can be looking for the retest
[06:54] for continuation towards the upside. If we break underneath your previous day one of the best setups that you can use in combination with other setups as well with other confluences because these daily highs and lows are the strongest
[07:10] levels that you can see on a chart. So, these levels are not only intraday levels, they're also higher time frame key levels as well being daily levels. looking to take trades off of. When it comes to riskreward when you're trading
[07:25] the previous day highs and lows, as I mentioned earlier, a lot of it is very previous day highs, right? And you're looking to trade off of your previous you're going to be taking partial targets along the ways. You're not
[07:41] always going to be holding for a push up in towards your previous day highs. If you're looking for a potential short position off of your previous day highs risk-to-reward ratio would look like. If you're looking for potential
[07:54] looking for the low risk just to break above and you'll be looking for this charts. So, now let's go on to the final setup that I personally use. And the
[08:09] downtrend, what we want to be doing is looking for upclosed candles to be used as resistance. In an uptrend, we want to be using down closed candles as support. markets. And as you can see, what we have is an uplo candle. So if you have
[08:27] an uplose candle, then a downtrend, what we now want to see is this level be used have marked out uh for your highest probability order block is the wick to would like to see price reject off this area. If you want a more in-depth guide
[08:45] blocks are. But what we want to be looking for in this case is the reaction the downside. So if we are looking for a trading opportunity and we're looking
[08:59] entry right off our order block with a stop just to break above. And then we're towards low of day below. So this is our reward. And then this is our risk as
[09:12] well. And then plus we could be looking for potential continuation underneath your low of day and potentially below as well. So with this being said, this is the final setup that I personally use within the break and retest system.
[09:24] These are the three primary setups that I use on a day-to-day basis. Now let's go on to some examples to show you guys exactly what this looks like in real well. So, as you can see right here, I'm on Tesla. This is my first example. This
[09:38] was on March the 4th. This was actually the first trade that I took of the month. Ended up being a super solid trade. End up making around $12,000 on this name. I end up trading 30 contracts, which is more than I normally
[09:50] do. In this case, I actually added into my position, which is not something I usually do. The reason why I added into my position was because of the higher time frame key levels along with showing relative weakness intraday. end up
[10:04] making 60% on the contracts. But as I always mentioned, what matters in this case is not the actual dollar amount, it's how much I risked. So in this case, I was risking around $1,800 on this contract. So it ended up being a 6.75R
[10:18] multiple. So this means if you were to risk $1,000, you would make $6,000. And if you were risking $1,800 in my case, you would end up making over $12,000. And for the setups I end up taking, this was a previous day low retest along with
[10:32] a opening range break and retest on the one minute time frame. So let's go on to into this day here on Tesla, we're underneath its previous day lows. So you pre-market, we actually break underneath its previous day lows. So coming into
[10:49] this morning, what we're going to be looking for is the retest off of your can see right here we have that perfect rejection off of your previous day lows. there's also another setup on the intraday time frame on the one minute
[11:07] time frame as well. So now we can mark out your previous day lows and go onto key levels I have marked out coming into this day was your opening range high. up. We're breaking above your opening range, but we're not going to be looking
[11:25] So, it wouldn't make too much sense to long right in towards your previous previous day lows. And you can actually potentially short this back towards the
[11:38] downside because the higher time frames is leaning bearish. So, in this case, day lows. You can see in this case, right, this would be your really aggressive entry. What I was waiting for was the break back underneath your
[11:52] position once price was breaking underneath your opening candle range coming back to retest this opening range candle high once again. End up having a
[12:07] super solid reaction off this level. We end up forming our three bar pattern and then we end up having this nice continuation lower. Now, we broke underneath your opening candle range low. We end up using this as a retest.
[12:22] downside. So, you can see exactly how I was able to use your previous day low retest in combination with your one minute opening range breaking retest as
[12:34] for this long position towards the upside. But if you zoom out just a why this was such a great trading opportunity. So instead of looking for
[12:47] upside, you'd much rather look for your previous day low break and retest towards the downside. Now let's go on to the live session that I had for this day. Coming into market open is going to be Tesla. It does seem like it's
[13:02] downside. So for Tesla, as you can see right here, the key level that we have marked out is our 275. We have this daily gap all the way back down towards 255. What I like to see is really the retest off of your 275, which coincides
[13:19] continuation lower. So, you can see right here on Tesla, the game plan is fairly clear. We have a huge gap towards the downside. But what we're looking for is the fade off of your Friday's lows, which is also coincide with their
[13:34] the downside here on Tesla. Yeah, so far SPY is retesting your previous day lows as well. Not sure when my train here. Watch out for the 265s. risk. Now, if we have a we can candle closure underneath this 274.
[13:51] be this 276. I will look to add most pops here. So, we're checking off of it towards it opening candle range low and then potentially lower on this. I got the 265s on Tesla. So, as you can see right here, I just entered into a
[14:04] position here on Tesla, which is the 265 puts. What I was looking for was this push and break back underneath your opening candle range with the Q's see it just maintain underneath this 273 for a continue push towards the
[14:20] the retest was because the higher time frame was bearish. It rejected off of your previous day's low. The cues were showing weakness as well. I didn't want towards the downside and I was going to be looking to add on all pops as well
[14:38] risking off that 275 Q slushing here as well back underneath contracts around $9. So you can see Tesla pushing down nicely after rejecting off your 274. Once again I end up adding into my position. Risk is just
[14:52] a break above this 275. And now what I like to see is continuation underneath your opening candle range low for this push back towards the downside. So far low on the Q if we're going to have that continuation lower. Yeah, there's that
[15:06] at 10:00 as well. Tesla coming down towards the 265 is the key area so you can see super solid trade here coming into 10:00. Tesla rejecting off now your opening candle range low along with this one minute order block. Q's
[15:21] getting underneath this 49360 pushing down towards the downside as well. So, this ended up being a super solid trade here on Tesla. So, I sold majority of my position on Tesla down in towards this 26496.
[15:35] I cut the rest of my position once it broke back above this 267. Now, let's go on to the next example that I have for us today. So, I'm on my second example here, which is on Tesla, Wednesday, March the 26th. I actually
[15:47] ended up taking two trades on this day. One was on Nvidia towards the downside and then also took Tesla along as well. This ended up being a $7,800 win. As you'll see, my position sizes increased this year just due to the
[16:00] volatility and liquidity in the markets. 2024, there wasn't too much liquidity intraday. It was just a lot of higher time frame setups with swings and price in the markets, you can be looking for a lot more setups intraday. And since
[16:15] there's so much liquidity, you can put on more size because these option actual dollar amount. It's the amount that you risk. So in this case, I risked around $2,000 on this trade, which end up being a 3.73
[16:30] risk-to-reward. The setups that end up taking in this case was your opening executions for the 280 contracts that end up trading. And as you can see, this perfectly lines up with what is shown here as well. Now, let's hop onto the
[16:45] charts to see exactly what I was looking for. So, as you can see here on Tesla, what I have marked out will be your key levels. In this case, this was your key highs. Your previous day highs was all the way back here, but you can see
[16:59] reaction at your key pivot point. We had another reaction later into the day. upside, but then it ended up just opening up right around your pivot point from its previous day. So, this is going to be a very key level coming into
[17:13] market open here on Tesla. So, we can have this marked out. Now, coming into we have off of your 283. If we can get above our 283, we can see potential
[17:25] we reject off your 283, we can see this push back down in towards your previous day lows, which is all the way down towards your 272. Now, let's go on to
[17:37] frames. We have our key pivot point drawn out, which is our 283. You can see right off the bat, we can also mark out your opening range candle, which is here as well. In this case, for your opening range low on the one minute time
[17:55] the one minute time frame. So, what I had marked out in this day was actually your opening range on the 5minut. So, I had your 283 marked out. I also had your the upside towards your 283. We're unable to get above your 283. We end up
[18:12] pushing lower with displacement underneath now your low of day. Also your 5m minute opening range low as well. Price comes back up to retest this level perfectly. This is exactly where I get in which is offered 280. My risk
[18:25] And you can see how well this ended up playing out right off of your opening range on the 5m minute. We ended up having weak price action around this key session to see exactly how I executed this trade in real time. Keep an eye on
[18:43] eye on now. Basically it's going to be Nvidia previously low. Tesla if we can out on AMD as well. So yeah coming into today as I mentioned my watches we're going to keep an eye out on Tesla the reaction off of your 284 and then Nvidia
[18:57] we're going to keep an eye out on your previous day lows which is your 119. well. Basically, the markets after that initial pop on SPY kind of faded off going to be looking for potential continuation lower. Tesla key level is
[19:10] Nvidia is coming back up. The key level now is going to be this one minute block. So, you can see we have the tape played out for the first 30 minutes. You showing some relative weakness here as well. I personally didn't take any
[19:24] retest on Tesla potentially off your 280. For Nvidia, it's going to be this one minute order block retest. And now we're going to be looking for the retest for this continued push down on the overall market with the QQQ weakness as
[19:40] your five open range close candle as well. Your 2843. above this 287. So, if the market wants to stay heavy here, that's great. Risk
[19:52] continuation lower on the overall market. So, as you can see right here, I just entered into some of the 280 puts here on Tesla. I really like this setup. So, I kind of got in before this candle close. So, it's a little bit more of an
[20:05] aggressive entry, but my risk in this case was fairly clear just to break above this 281 key pivot level. For the QQQ, I like to see it stay heavy this one minute order block. Nvidia looks good as well. Risk break
[20:21] 117. Yeah, I end I actually take some videos as well off that 116 risk. order block. My risk in this case was just to break above a little bit of a your 490 along with Tesla rejecting off your 280 as well. So, a little bit of
[20:40] Now, for the Q's, if we can get some more continuation lower, right, that up reversing here, then these ones are more relatively weak. So, they could level for Tesla. Basically the level they just hit and then all the way down
[20:53] right, let's say Tesla potentially you can see 274 if the Q drops by this year continuation towards the downside on Nvidia and Tesla. You can see Tesla made
[21:05] a new low of day while the Q is technically defending your low of day. more continuation towards the downside if the cues can potentially break underneath this 489 as well. Similar to Nvidia, this one I like to see that push
[21:21] down in towards that 115. Yeah, as you can see right there, super solid push on the cues underneath this 489. Nvidia hit my main target, end up selling my full position down towards
[21:33] that 115. Tesla end up selling majority of my position down in towards this 273. So, this ended up being a super solid day in the markets. took the five minute opening range retest on Tesla, order block retest on Nvidia with the overall
[21:47] Q's weakness in the market as well, which ended up being super solid. So now we're on my final trade example. This is on Nvidia Friday, March the 28th. This
[22:00] ended up being a $3,000 day. End up trading 60 contracts on this name for a net ROI of 60%. This was on a Friday, so the zero days, that's also why I sized down here as well. I was risking around.7 cents on the contracts and my
[22:14] risk being around $1,000 and my R multiple in this case was a 2.84 risk-to-reward ratio for the setups. In this case, it was an opening range break on the one minute time frame. Now, let's go on to the charts to see exactly what
[22:26] March the 28th is going to be your previous day lows. We also have your day. Day number two, we consolidate. So day number three, what are we expecting?
[22:40] We're expecting continuation towards the downside if price can stay heavy. So in lows. We're also going to mark out our intraday key pivot points as well. And based off of day one here on Nvidia. Now let's mark out our key levels. So our
[22:58] into lower time frames to mark out intraday levels. So you can see right here coming into market open the key levels that we have marked out is now going to be your opening candle range high. So you can see right here coming
[23:12] into this day what a lot of traders will do is strictly just be pattern traders. they'll look for continuation, right? They'll have a nice entry point as you then they'll have their targets being high day and above and they can see
[23:29] looking at the higher time frames and they're not thinking with context and of your pre-market highs. We're well underneath your previous day highs.
[23:44] We're actually coming back to reject off of what? It's your day one lows. So, this is technically not a previous day low retest, but it's a retest off of your low that we created on March the 26th. So this level right here, which is
[23:57] your low, is now being used as potential resistance for continuation towards the the reject off of your day one lows. So now you can see this makes a lot more
[24:10] just came up in towards your March 26 lows, rejected off that level, came back down with a very strong reaction, created that lower high, broke back
[24:22] underneath your opening candle range on the one minute time frame. And you can see price is now showing weakness. Got back underneath, retest, retest once again coming into 10:00. I was very much bearish on this name. Stop just to break
[24:35] target your low of day, your previous low of day and below as well. So, this range break and retest. And hopefully you guys are understanding the logic and
[24:49] context behind what I'm explaining. Of course, I'm explaining this in hindsight, but I'm showing you guys the real trades and the thesis behind why I and not just understanding the pattern, but understanding the context and logic
[25:05] behind the patterns and why the trades actually work and the reason why price Nvidia, this one I still am interested in this one and the pop and fade off of
[25:17] your 113. So we can keep an eye on this one. So you can see right there what I'm and fade off 113. If we can stay heavy underneath 113, we can see some more
[25:29] continuation towards the downside. The reason being is because we had a very to see continuation lower on day number three towards the downside.
[25:42] we're rejecting off this Wednesday's low and I can see a little reaction. What I it's going to have to break hold underneath this level now which is now lower. Now what I like to see is Nvidia stay heavy underneath your one minute
[25:57] heavy and I like to see some continue push towards the downside. since I don't have the greatest entry, but I have some 111 puts. My risk is
[26:09] 111 puts. I'm on lighter size because it is Friday. Risk is just going to be a break above this 11180. And now I'm looking for this continued push towards
[26:21] the downside. Q's, I like to see it stay heavy underneath this 478 for this Yeah, nice push. Make sure take some off Q's. Nice drop here. Next level all the low next level 267 you can see SPY nice reaction off this 564 QQQ next level we
[26:37] starting to push towards the downside underneath this 478 Nvidia I like to see now just this hold underneath this 110 but super nice push now we're looking
[26:49] for continuation down towards that next key level see Nvidia end up selling my full position down in towards this 109 end up being a super solid trade with Q staying heavy heavy as well down in towards that
[27:04] 472. So, with that being said, I hope you did, I'd greatly appreciate if you guys could drop me a like and sub, and I'll see you guys next week for a brand new video. Peace.