After ten years of trading, the presenter ditched complex strategies for one that works: mark the first 15 minutes' high and low, find the value area with volume profile, then trade when a 5-minute candle closes outside that range. Stop two ticks past point of control, target 2:1 risk-to-reward.
After trading for a decade, complicated strategies never made me any money. Simplicity did. And the simplest strategy I've ever found is the first candle value. Mark the high and the low of the first 15 minutes, but instead of trading the breakout of these levels, you're going to draw the volume profile over this range. Now, this is going to give you the value area, which is where 70% of all the volume in that first 15 minutes traded. Now, the reason this is important is because once we see a 5-minute candle closure outside of this range, we are good to enter a trade. And we're going to put our stop 2 ticks past the point of control. Our target is going to be a fixed 2:1 risk to reward. Save this and go study this on your charts because you're going to be mind blown at how well this works.
