[00:01] There are two trades here and both of them went to take profit. [music] I actually called out this one on my YouTube live. Now, there's something want to tell you because if we go to the higher time
[00:15] there's a question. How was I able to take this trade on this low time frame? By the end of this video, you're going to understand exactly why every serious day trader need to be on the 1-minute
[00:29] charts even [music] if you've been told to stay away from the 1-minute charts. The thing is that day trading is different from swing trading. As a day trader, you are not holding a position for days or weeks. You want to open and
[00:43] close that trade the same day and this changes everything about which time frame you are using. What I want to do in this video is simple. I'm going to show you the only two time frame you need to day trade, the 15-minute time
[00:56] frame and the 1-minute time frame. I'm going to use this two real Ethereum going to use this two real Ethereum setup to explain everything. I will tell you why the 1-minute time frame is the most important chart on the screen even
[01:09] stay away from it. Now let's break this down before we go into the trade. The 15-minute time frame gives you direction. That is where you read the your area of interest. That is where you decide if you are going to look for a
[01:26] buy or a sell. The 1-minute time frame gives you entry. That is where you want to wait for confirmation. That is where you take the trade. You might rarely even go to the 1-hour unless maybe structure does not fit into
[01:41] the 15 minutes on your screen. Then you can go to the 1-hour. But for most cases, the 15 minutes and the 1-minute is all you need. That is the entire system. But if you swing trade, uh meaning you want to hold trades
[01:55] then there's a different system, which is the 1 hour and the 5 minutes. And I made a video on it. I'll link that video in the description of this video. Now, mind you, the 1 minute has a bad reputation. The
[02:10] problem with the reputation is that it confuses where to take entries with what kind of trader you are. I am not scalping. I'm taking high risk
[02:22] to reward trades. The 1 minute is just where the entry is hiding. Let me show you with a real trade. Now, let's start with the first trade. This is one that I called out on YouTube. So, the first thing we do is a
[02:36] minutes, we have a structure. This is break of structure here. What led to the break of structure? This is the first zone that led to it, and this is the second zone that led to
[02:51] But, we're going to consider the nearest zone first. If I mark this out, this is the supply zone, and [music] I also include another thing, which is the Fibonacci golden zone.
[03:05] zone. These two forms my area of interest. So, whenever the chart comes here, then I am preparing to take a trade. Mind you, I don't take a trade directly from here. I must wait for a confirmation in the 1
[03:22] Now, as a higher time frame like as you I'm not bothered with this unless this zone here fills, I cannot go up to that zone to consider an entry. Now, since we're here and we're in this zone, the
[03:36] next thing we do is to look for change of character, which is confirmation, on the 1 minute time frame. To give you what that means, I'm just looking for [music] this. The chart to do this on the 1 minute.
[03:49] So, we have a break of structure above and a change of character below. This is my confirmation entry. Okay, now to the 1-minute time frame.
[04:06] structure here. Then whenever I break this low, [music] this becomes my change of character. And that is where I'm ready to get And that is where I'm ready to get trade.
[04:23] change of character. So from here, I can now take my short position. Say short Then I stop loss above. And what do we do? The target is the last low that we have.
[04:40] So this is giving me a risk-reward ratio of 2.7, but I like to have at least a three. So from here, it's going [music] to give a three. it's going [music] to give a three. So how did this play out?
[05:00] actually played out nicely. But the thing is that I did not take this trade. And the reason is because if you look this kind of character occurred around 2:45. So 2:45 a.m., I am peacefully
[05:15] asleep. Let me show you the trade I took when I was awake, which is the second 15-minute time frame. [music] That is where we are interested in. And if you look at this, we'll be having break of structure to the upside. So we have this
[05:28] structure going to the upside. And we have this low over here. When we started [music] breaking down, we did a break of structure here. structure here, it means that we are likely to come down
[05:46] to [music] this particular low. So, what do I What do I expect? I expect a retracement and a movement downwards. And if you look above, you also see that the same thing happened here. So, this is my is my supply zone here. And if you
[06:03] take the Fibonacci, the same thing occurred here. The golden zone also overlaps with the supply zone. So, when the chart comes to >> any of this region, then I'm going to take this particular trade. With this
[06:16] marked out, I can now go to the 1-minute time frame again to look for [music] entries. So, what do we have? We have a breaker structure here. And when we break this low, it becomes the change of character.
[06:37] When we break below this, it becomes a change of character. change of character. The same thing happened again.
[06:51] it now signals that the bears are ready to enter this market, that the market is ready to drop. So, to to enter, you simply enter uh that point [music] where it breaks, your stop loss above, and targets below.
[07:06] your stop loss above, and targets below. This gave exactly [music] a 3-point risk-reward ratio. So, let's play this. Of course, you already know how this Of course, you already know how this turned out.
[07:23] take profit. So, you can see two trades. This one I called out, but I missed it. I called it out that morning, but I missed it. And this particular one is the one I missed the following day, and it was just in the right time.
[07:37] >> [music] >> It follows exactly the same structure. So, we have the 15 minutes for direction and the 1-minute for entry. [music] The only difference between the two trades is that I took one and I missed one,
[07:49] which happened while I was asleep. But, you can see the framework works. I'll >> [music] >> of proof on the charts. That's it about a 3,000 on a 50K prop [music] firm account at a 1% risk per trade. Now, the
[08:06] only issue I see with this is that the 1-minute confirmation can fire at any 1-minute confirmation can fire at any hour and you may be asleep or busy with life when that happens. And that is exactly why I'm building Copy Me. Copy
[08:19] Me is a copy trading platform. Real traders, including me, take the entries and your account automatically copies the same trades in real-time, sized to your own risk per trade. There are multiple trades on the
[08:34] platform. So, when one trader is asleep at say 2:45 a.m. another trader you copy might be awake, taking the setup you would have missed. So, your account just gets the trades. You don't have to be on the chart. You don't have to spot the
[08:50] 1-minute confirmation yourself. You don't need to be awake. We are launching fully in June, end of June. Um the waitlist is still open. The link is in the description of this video. And the question I want to leave you
[09:04] with is this. What if the confirmation that I showed you fails? The thing is that you can still be in profit when [music] it fails. And that is what I talked about in this next
[09:17] is what I talked about in this next video here.