[00:00] So, I've been doing this overnight range breakout&nbsp; strategy starting in London session and a lot of&nbsp;&nbsp; people have questions or want like better entries.&nbsp; So, what I'm going to do is I'm going to give you&nbsp;&nbsp; a strategy. I'm going to give you set rules that&nbsp; you need to follow the indicator that you need to&nbsp;&nbsp;
[00:13] use and how many times this has played out in the&nbsp; last 30 days. All right. So, the indicator that&nbsp;&nbsp; you're going to want to use is called Happy Trail.&nbsp; It's a paid indicator. You can get access to it by&nbsp;&nbsp; clicking the first link in the description or just&nbsp; go to trdfloor.com. Now, if you look at the chart,&nbsp;&nbsp;
[00:26] I'm at GMT+1 or UTC+1. That is my time zone. So&nbsp; basically from my time 1000 p.m. until my time&nbsp;&nbsp; 9:00 a.m. is what I deem the overnight session&nbsp; when New York session is over and London session&nbsp;&nbsp;
[00:38] starts. That whole range I put a block around it.&nbsp; All I do is just make my rectangle tool and draw&nbsp;&nbsp; it around the highs and lows and the width of&nbsp; that range. Now to make this visually simple,&nbsp;&nbsp; there's a free indicator called simple sessions&nbsp; by TTF. Just add that to your charts and then&nbsp;&nbsp;
[00:53] unselect all of the sessions and make your own&nbsp; userdefined custom session. I have the time zone&nbsp;&nbsp; set for my time zone and I have it from 9:00&nbsp; a.m. till 10 p.m. That creates this red block,&nbsp;&nbsp; which leaves this black one, which is my overnight&nbsp; range. And basically, what I'm looking for is the&nbsp;&nbsp;
[01:07] first happy trail signal, either buy or&nbsp; sell. If it breaks out below the range,&nbsp;&nbsp; we sell. If it breaks out above the range, we&nbsp; buy. All I'm looking for is if price breaks&nbsp;&nbsp; out below this range, I'm looking for the first&nbsp; sell signal from Happy Trail. And I enter that.&nbsp;&nbsp;
[01:23] And I'm shooting for a 1:2 risk-to-reward ratio.&nbsp; This type of setup requires lots of momentum and&nbsp;&nbsp; does not happen every day. Over the last 30 days,&nbsp; it's only happened four times, but every single&nbsp;&nbsp; one of those four times, it's played out.&nbsp; So, if you get a 1 to2 risk-to-reward and&nbsp;&nbsp;
[01:37] you make 2% profit on every trade four times in a&nbsp; month, you're up 8%. I'd be happy with that. Now,&nbsp;&nbsp; I have not back tested this for the entire year.&nbsp; That is my caveat. This type of buyell indication&nbsp;&nbsp; after that breakout range is what's working for&nbsp; the last 30 days. So, this example right here,&nbsp;&nbsp;
[01:53] we have our overnight range. Price broke out to&nbsp; the upside. We have a happy trail buy signal. 1&nbsp;&nbsp; to2 riskto-reward. We have our overnight range.&nbsp; We broke out to the downside. We ignore the buys&nbsp;&nbsp; because we broke out below. We enter in on the&nbsp; sell signal. 1 to2 risk-to-reward. Winning trade.&nbsp;&nbsp;
[02:09] Then you basically went two weeks without a trade&nbsp; entry, which is fine because you're making money.&nbsp;&nbsp; Overnight range broke out to the sell side. Ignore&nbsp; the buy signals again. Enter in on the happy trail&nbsp;&nbsp; sell signal. One to two risk-to-reward 2% profit.&nbsp; And the last one that happened, overnight range,&nbsp;&nbsp;
[02:25] broke out to the sell side, happy trail&nbsp; signal, stop-loss, 2% take profit. Now,&nbsp;&nbsp; the settings for the happy trail, there are four&nbsp; different cases. I used case 4. That's it. If you&nbsp;&nbsp; If you want this indicator, go to trdfloor.com.&nbsp; If not, just watch the rest of my videos. I talk&nbsp;&nbsp;
[02:43] about awesome breakout strategies and scalping&nbsp; and Fibonacci retracements. Have a good day.