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this is an advanced forex trading
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strategy specifically for advanced
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no-nonsense forex traders what could it
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be how well does it work why am i
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showing you a picture of a bridge stay
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tuned so as I just said this one is
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specifically for the homeys people who
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have been with me for a while people who
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have put together the entire algorithm
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that I've showed you already and people
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who have already put some time in
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trading with that system so this
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actually does apply to quite a few of
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you out there I'd imagine but I'd like
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to keep this particular video rather
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short so in this video showing you a
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tactic that really the people who have
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been with this channel throughout almost
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every video I have done up until now
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this is really for them if you haven't
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done that yet that's totally fine this
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video is not going anywhere
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but it might be over a lot of people's
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heads and I don't want them asking
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questions if they don't really
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understand what we're doing here but
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also I felt like this is something I
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really should not have mentioned a long
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time ago when I was showing you the
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algorithm it would it would have just
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been too much information I think you
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guys will understand why once you see it
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and it's going to make you more pips
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towards your bottom line every year if
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you do this the right way it has for me
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ever since I started doing it it's been
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great but remember to traders we win by
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not losing so this is something that is
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going to save you pips not gain you more
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pips but as you all know by now it
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affects your bottom line the exact same
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way pips are going into your pocket
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whether you make them or save them if
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you do something that gives you a trade
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that makes you a hundred pips your
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bottom line goes up if you find a way to
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eliminate a 100 pip loss from your
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trading
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your account goes up same way so I'm
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pretty excited to bring this to you now
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you have to understand though this does
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not apply to everybody even if you have
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been trading with us for a while your
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main confirmation indicator needs to be
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a two lines cross indicator I don't know
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how well this works for zero cross I
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don't know how this works for chart
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indicators but if your confirmation
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indicator is a two lines cross this
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thing works particularly well also
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things like the one candle rule don't
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apply here because this is one of those
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things where we first look at our
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baseline and then simply look down to
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see if everything else agrees all right
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just like a classic baseline entry trade
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and remember we win by not losing I'm
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going to show you what this can possibly
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do to your bottom line
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but that bottom line will be going up by
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the amount of pictures saving not
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actually gaining all right so what is
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this advanced tactic it's something I
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call a bridge too far all right this
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might not make any sense to you but I
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just named things what I named them but
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back when I did this I didn't think I
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was gonna be really explaining it to
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anybody else like this so I just had a
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name as something that made sense to me
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so what it is let's say just for a long
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trade okay just to make it easy price
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crosses and closes past your baseline
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going long and everything else lines up
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all of your other indicators say cool
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you didn't go too far past the baseline
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do we have to wait for a pullback it is
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just your classic baseline entry trade
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everything is saying go now you're calm
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if your confirmation indicator crossed
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long seven candles before the candle you
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were looking at right now it's gone too
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far and you don't take the trade simple
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as that
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you just pass now this phenomena does
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not happen super often but when it does
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it almost
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ever ends up being a winning trade every
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once in a great while it does but it's
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so seldom I don't get mad at it
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because I know how many pips this thing
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has saved me in the past and it's one of
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those things I am at the time you're
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kind of bummed because you want to take
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the trade and you don't but a few
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candles later you're like wow this thing
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really does work well at least it does
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for me your system looks like mine to a
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degree but it doesn't completely look
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like mine but I'm gonna show this to you
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anyway and you can test it for yourself
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and see how well it does work let's go
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ahead and go to my charts and I will
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show you what it looks like so here we
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are at the euro dollar daily chart and
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let me tell you what we have going on so
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for my baseline we just used the twenty
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period SMA you guys have seen me use
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this before and for my confirmation
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indicator we're gonna use the relative
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vicar index you've seen me use this
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before but you've seen it in the exit
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indicators video I think I think that's
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where I used it and even then I said
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look guys you can do way better than
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this so I don't even use this for a
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confirmation indicator I never would but
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a lot of people do and the best thing
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about it is for teaching purposes it's
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very easy to see and understand every
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time the green is above the red that's
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along when it goes below it that's a
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short super easy so I'm just throwing
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these two indicators up you will
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obviously have better results yourself
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because you have hand-picked indicators
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and I'm just kind of tossing these
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randos up here to see how they do so
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when I did it this way on the euro da
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one case or I found a bridge too far
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right here so you see this candle after
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this little gap up price crossed and
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closed above the baseline giving you a
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long entry I look down is my main
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confirmation indicator also saying yes
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it is cool so if we're just looking at
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these two indicators we have a long
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trade we're not even looking at the
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other ones we'll just go ahead and
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assume they say go but I would not take
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this trade
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alright why is that because my
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confirmation indicator gave me a long
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signal initially so long ago that this
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bridge has gone too far so when I got
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the signal I count backwards all right
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seven is a magic number let's see how
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far it goes one two three four five six
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seven do I look down has it already
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crossed long this is hard to do and make
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videos at the same time yes it has seven
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candles ago this thing was still long
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and it never crossed down and came back
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up it just stayed long this entire time
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this is a bridge too far all right eight
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candles ago you could debate it but
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seven candles definitely fell into that
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territory all right you guys get it I
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hope you do let me show you another
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example here so what about this one this
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is a long signal to price crossed and
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closed above the baseline for the first
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time in a while we look down RBI says go
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now how many candles ago did it cross
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one two three or only four so this is
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totally fine no problems here but
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anything that goes seven candles back
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and Beyond you don't take that trade and
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that was a good thing too because there
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were no pips to be had here that was an
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immediate loss let's see how many pips
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that would have potentially lost you
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here once it closed back down across
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your baseline we always exit so about 58
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pips and I did not see this happen
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really anywhere else now I want you to
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keep in mind we have about a six
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sample size in front of us from end of
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February to where we are now towards the
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end of July so once every six months you
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can kind of say but I went to the dollar
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yen and I didn't see this happen at all
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in six months doesn't mean it won't by
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the end of the year but it just hasn't
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yet but then I went to the dollar cad
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and i saw it happen again one time i
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think right here so let's look at this
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one this will be first short so price
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crossed and closed below the baseline
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our confirmation ender says sure is the
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way to go
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fantastic right well let's see when our
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confirmation indicator told us to go
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short was it seven candles ago or longer
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let's count backwards one two three four
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five six seven oh yeah even further
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eight maybe not nine eight candles ago
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so this is another trade we don't take
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that's another immediate loss that we
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didn't have to suffer seventy-six pips
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give or take on that one pretty sweet
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traders you just put those pips right
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back into your pocket and again the
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toughest part on this I think is just
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knowing to watch out for it because per
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pair you might only get this thing once
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a year if that so it's just really
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remembering to look for it so I don't
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know what you want to do put it up on
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your whiteboard put it down and your
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notebook off to the side remember it but
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just note this thing works really well
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when it happens it's just a matter of
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catching it I know we got some slick
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programmers out there that could
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probably automate this phenomenon but
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for the rest of us mere mortals you're
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just gonna have to look for it and do
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your best to remember it
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because the success rate of it I found
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overtime to be really really really high
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so let's uh put some numbers behind it
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the best we can
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what can this do for you year-over-year
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so will will be conservative here we had
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what did I show you a fifty pip save and
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then like a 58 pip saving then like a 76
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pip save for 28 pairs what happens once
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a year on 28 pairs we won't even say it
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does that let's just say 20 times a year
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because you might have those situations
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where it happens on the euro Aussie but
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it's also happening on the Euro Kiwi or
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you might have a situation where your
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volume indicator already told you not to
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trade so it's totally irrelevant you
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know we're just gonna drill down we
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won't even say it's gonna happen once a
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year on all 28 pairs will just say once
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a year on 20 pairs and then let's just
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say it only saves you 50
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so will go much more conservative than
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what I've already shown you on the
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charts up until now I can make no claims
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so all things told it's best to be
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conservative here 20 times 50 is a
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thousand pips a year and you just tacked
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this on to what you're already making so
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think about that if you're a one lot
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trader standard one lot trader that's
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ten thousand dollars a year if you are a
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mini lot trader that's a thousand
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dollars if you only trade half that if
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you only trade half mini Lots that's 500
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dollars a year that you didn't have
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before
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just by employing this one little tactic
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did I laugh when I think about it like
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it's it's free money almost so I can't
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really say what to do with your money
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you know any money I'm makin Forex I'd
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like to try to roll as much but over as
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I can but in in this case it's so
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blatant and abusive how well this works
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and how many pips have puts in your
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pocket over time and you don't even pay
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attention to it but once you really put
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pen to paper it can be a lot and I'm
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tempted to just take that money and
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spend it
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do this for a year find out how much
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this makes you and if it makes you $500
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a year that's just extra bonus money I
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mean go spend it go spend it on
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something ridiculous like some pimp
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like those Dyson fans that don't look
00:13:38
like they blow air but they do and then
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every year thereafter just like keep
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buying them over and over just put them
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all over your house like a total G it's
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amazing what one little tweak can do
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especially when it works this well and
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it just worked so well for me for so
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long and I'm kind of glad I waited to
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bring this to you so you could have some
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time testing and trading out that system
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but I definitely wouldn't leave you guys
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without this because I just see this as
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a total bonus and it wouldn't want that
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so in conclusion he's still gotta test
00:14:15
this thing because what works for me
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doesn't always work for you the good
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thing is is you can you can most of you
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guys have already back tested one or
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more systems already so just simply
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inserting this part into it should not
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take you too long and if you see good
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results with it then great enjoy your
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bonus but if you don't wall that's fine
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you know at least we tried
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it's definitely worth trying but I
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cannot guarantee results just know that
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ahead of time
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but give it a whirl see what happens and
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always remember to look for it though
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this is really the hardest part it works
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so much more than it doesn't but not if
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you let it go by so whatever you have to
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do to remember to look out for it do
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that and make sure that you don't miss
00:15:06
these opportunities and then if you find
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out it works and you use it for a year
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or so and you find out that it's giving
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you a bunch of pips that you wouldn't
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have had before well then great enjoy
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your bonus I just remember your boy over
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here you know maybe email me and take a
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picture what you bought with the money
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but traders if you like things like this
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even if you don't completely know who
00:15:29
we're talking about because you haven't
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done all the stuff we've done so far
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it's never too late to try it did not
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take my
00:15:35
traders very long to put all this
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together and it won't take you long
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either but you need to subscribe and hit
00:15:40
the bell if you haven't already because
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new videos come out every Thursday new
00:15:45
podcast episodes come out every Monday
00:15:47
and you can ask my traders the ones that
00:15:51
have caught up with everything and watch
00:15:52
everything and actually put this into
00:15:54
play really good things happen and then
00:15:57
I come along with new videos and to just
00:15:59
make things even better than they were
00:16:00
before that's how this works
00:16:02
I'll put the beginners video down below
00:16:04
in the description whether you're
00:16:06
beginning forex trader or not definitely
00:16:08
check that out because that will show
00:16:09
you the best way to navigate this
00:16:11
channel because there's already quite a
00:16:12
few videos on it and by quite a few I
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mean over 100 so yeah there's a lot but
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for my advanced no-nonsense forex
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traders I hope this serves you well I
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hope I was able to explain it okay now
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sometimes you have these things buried
00:16:25
in your head and you've never really
00:16:26
talked about them and then you do and
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you just don't know how well they take
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but I wish all of you the best put these
00:16:32
lessons in play and go get it
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