How I Made $7,000 on CPI Day
60sThe combination of a specific profit amount and a high-impact economic event (CPI) creates curiosity and urgency, appealing to traders and finance enthusiasts.
▶ Play ClipAI Summary
The video demonstrates a trading strategy using breakout structures and order blocks on the 15-minute and 3-minute timeframes. The trader shares two trades, one yielding $4,000 and another $7,000, with a focus on risk management during CPI news.
Chapters
[00:08]
Breakout Structure
The setup involves a breakout structure where price retraces to an order block before continuing downward.
[00:53]
Entry and First Take Profit
The trader enters at an order block on the 15-minute chart, with the first take profit hit before CPI.
[01:23]
CPI Risk Management
On CPI day, the stop loss is moved to break-even to protect against volatility.
[01:38]
Second Trade Entry
After the first trade, a second entry is taken from another order block, currently in profit.
[02:46]
Lower Timeframe Scaling
By switching to a 3-minute timeframe, a break of structure and order block are identified, leading to a $7,000 gain.
[03:30]
Profit Recap
The first trade made $4,000, the second $7,000, and a third trade is currently open.
Tutorial Checklist
1
00:08
Identify a breakout structure on the chart where price is expected to retrace and move down.
3
00:53
Enter a short trade from the order block on the 15-minute timeframe, setting a stop loss below the structure.
4
01:23
On high-impact news days like CPI, move the stop loss to break-even to protect against volatility.
6
02:46
To maximize profit, drop to a lower timeframe (e.g., 3-minute) and identify a break of structure and order block for an additional long entry.
Study Flashcards (4)
What is the general breakout structure described in the video?
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What is the general breakout structure described in the video?
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A break of structure followed by a retracement into an order block, then a move down.
00:08
Why did the trader move the stop loss to break-even on CPI day?
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Why did the trader move the stop loss to break-even on CPI day?
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To protect against volatility, as the market could move either up or down.
01:23
How did the trader make an extra $7000 within the trade?
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How did the trader make an extra $7000 within the trade?
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By dropping to a 3-minute timeframe and identifying a break of structure and order block for a long entry.
02:46
What were the profit amounts for the two trades mentioned?
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What were the profit amounts for the two trades mentioned?
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The first trade was $4,000, and the second was $7,000.
03:30
💡 Key Takeaways
🔧
Breakout Structure Identification
Explains the core setup: a breakout structure that retraces to an order block before continuing the move.
00:08
⭐
CPI Day Stop-Loss Adjustment
Shows a practical risk management tactic: moving stop-loss to break-even during high-impact news events.
01:23
🔧
Lower Timeframe Entry
Demonstrates how dropping to a 3-minute chart can uncover additional entry opportunities within a larger trade.
02:46
⭐
Profit Comparison
Reveals the actual profits: $4,000 from the first trade and $7,000 from the second, exceeding the title's claim.
03:30Full Transcript
[00:08] what you're doing. Let me show you what I mean. Now, looking at this, this is a general structure. We have a [music] breakout structure here. This is the breakout structure. We are meant to retrace and [music] move down. Simple.
[00:23] That is what we expect. So, how did I take this trade? First, I know [music] that there is an order block here because of this fair value gap we have here. So, I expect the market to retrace to this point and pull down to this
[00:38] to this point and pull down to this particular point. Okay, to get here first. I should find a way to trade it to this particular point. And this [music] is what we have here. So, we had a breakup structured this
[00:53] way. the same thing is meant to retrace down and move up right and that is exactly what's [music] happened here. So this is the order block on the 15
[01:05] this is the order block on the 15 minutes time frame actually. this order block this is where I enter the market then we went up my first [music] take profit happened here and something happened today. Today
[01:23] is [music] CPI day meaning at this point we're having CPI. So what did I do? I move my stop loss to this particular [music] point because on CPI day the market can come down or it can go up. So I move my stop loss here. So even if
[01:38] it [music] start coming down I am out good. But what happened was that just shot up my TP was done. He entered another [music] trade here because it's an other block here. And right now we are going
[01:53] down. I'm in profit. [music] But then again, since we have a general bullish movement, I already have my stop loss at break in case this [music] didn't work. Again, trading can be really, really sweet if you know what you are doing. I
[02:06] sweet if you know what you are doing. I said this is a $4,800 trade, but within this price action here, actually make a $7,000. And I want to show you that. We already
[02:19] And I want to show you that. We already know that it's a breaker structure and when we get [music] inside here, we should enter in this order block and move [music] to this target which is what happened.
[02:31] what happened. How then did we make a $7,000 [music] within here? It was really simple. So, we move down to a lower time frame because where [music] we are interested in is just this particular point.
[02:46] This [music] is a trade that I took. So within here you can see that if I move down lower to a 3 [music] minutes time frame what did we have here simple we had a break of structure here
[03:01] simple we had a break of structure here and this then becomes our order block as our order block but I entered on this second one this our order block here so take a long position from here stop loss at the bottom and if [music]
[03:16] stop loss at the bottom and if [music] we just target this high over here. This [music] particular high, you can see, are you seeing it? Zoom in. You can see, are you seeing it? Zoom in. You can see we have a $7,000. So, within this
[03:30] trade that you saw me take. Okay, this one, this big one is a $4,000 this one, this big one is a $4,000 trade. This one is $7,000 trade. And we
[03:45] are now currently in this one. >> [music]
