A breaker is identified as the last move up before a move down that takes liquidity, and it becomes a valid entry trigger when price closes above it and retests; effective trading requires combining multiple timeframes (such as 5-minute and 1-minute charts) to identify breakers and fair value gaps (FVGs) while waiting for displacement confirmation before entering trades.
Deep Dive
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Deep Dive
Live Trading NY Session | $ES & $NQAdded:
Yo, yo, yo. How's everybody doing?
All righty.
Let me see.
Uh let me know if you guys can hear me, all right.
What's up? What's up? What's up?
I'll get started here in a second.
Good morning. Good morning. Good morning.
Uh I am bullish on the day, guys.
Um 1 2 Yeah, the chat is pretty is pretty choppy. Yeah.
What's up?
>> [clears throat] >> How you doing? Hey Ashley.
What you account you currently trading?
What do you mean what you account am I trading right now?
All right, yeah, let's figure it out.
So, currently right now, I'll base it off of my Actually, I need to log in anyways.
Thanks for reminding me.
Cuz I I just realized I don't even have my my thing pulled up here.
I'll do it like this.
There we go.
Boom. Let me know if y'all see that now.
My my P&L thing. All right, so yeah, let me show you guys what accounts I'm trading right now. So, Funded Trader.
I'm going to this in big bold and I'll leave it here throughout the day.
Ah, let me go over here.
20 Apex 50K's.
We got It'd be easier to do on my phone.
Try to get y'all's chat. Hold up.
We got five 150K five funded next all 50K's.
We got five 150K TPT's.
What else I got here? Oh yeah, five My Funded Futures Pros.
I have a lot of accounts, guys. I'm not even lying.
I don't go through a whole lot though, so that's something that's I guess a problem. Oh, I have the E8 accounts.
five >> [snorts] >> E8 50K's.
Dang, I have [ __ ] Uh oh, and then the Alphas. five Alpha Premium.
Those right now are only $39. They're doing a 50% off sale the next 2 days.
Um I think pretty sure that's it.
Oh, damn. That's not it. Five lucid flexes.
Uh 150 K's. I did a video on those. You guys should go check this out.
20 55. That's actually kind of crazy.
Uh yeah, 1-hour FVG and then go back up.
That'd be nice.
I'm watching this hourly FVG right here. Although, we did just run We did just run these >> [snorts] >> right here.
Let me zoom out a little bit.
Was this swing low or something I was going to mark off?
Yeah, that's a good point. I do need to go live on TikTok.
Mhm.
>> All right, so ES is dropping lower. Want to see something like this.
Got some relative equal highs up here, too. That'd be nice.
See it's tapping to it would be lovely.
Uh I do have TPT. I had them right here.
See TPTs.
Mhm.
>> [clears throat] >> Mhm.
Uh where do you live at, by the way?
Maybe try on like your phone.
It's only that I It's the only thing I can think of.
Yeah, I don't want to see this go.
Let me know if you guys see my screen, all right?
I'll just put this up here, not that big of a deal.
I don't think I have a trade if price wants to do what it's doing here. I like I like for it to go lower.
Where's my uh Yeah. Kind of what I'm watching here, guys.
Yo, yo, yo.
Yo, yo, yo.
Uh we should be good here on Tik Tok.
All right, my Tik Tok people, you got we are live on Tik Tok, so uh I think some of you guys like to watch that cuz there's no latency issue. Um great.
Yeah, dude.
I don't know what to do about that, man.
Alpha Futures won't let you I mean, what what country do you live You said Romania?
That doesn't sound like something that'd be banned.
Yeah, it actually is banned. Huh, that's crazy.
Yeah, it says Romania right there on their site.
That's wild.
I never would have thought that.
All right, so we tagged this gap here.
This is something I want to watch for. I want to see what we do heading into 10:00 a.m. Do we just like dump from here?
Um if that's the case, I don't really like that. I don't Uh if I look at the daily It's about time we start shooting higher, you know what I mean? Like we came into a weekly weekly uh gap here.
You know.
And the daily's right here, too. So, I I want to see us push higher.
I'm not married to it, obviously, but I feel like if I take a trade today, it'll only be on like the bull the bullish side.
I did take a short yesterday, though.
That was that was pretty nice.
Uh but look at Dow Jones. Also, I don't know why a lot of people use SMT with like NQ ES and then use like YM. Like it's completely different. Like I don't understand it.
Like it's just basic um I don't know. It's just having awareness of indices and like what stocks are in each uh index.
Thanks.
What's up, Jason? How you doing?
And like the YM just does not correlate with any of NQ ES. Like I I I I I genuinely don't get it. I don't I don't get why people people try to do that.
And honestly, I wouldn't even say it correlates with RTY that much. Like if if there was to be any like if there was to be a third like index I would use with ES and NQ, it'd be RTY before it would ever be YM.
Uh do you only use SMT with ES? That would explain a lot to me YM messed me up so much.
Um I like if I may use SMT, I may use these two, NQ and ES. I don't I don't trade the YM. So, um Yeah, like it doesn't correlate. And people are like, "Oh man, that YM's really pumping higher and the NQ and ES are dying." I'm like, "Yeah, cuz they're like they're not they don't have the same stocks in the in their portfolio."
Like it's more like industrial-based, I think.
Like whereas like NQ and ES are like like tech stocks.
>> [snorts] >> Mainly Nasdaq, but yeah, like don't don't fall victim to that stuff on Twitter.
You don't need all that.
Like if you want to trade the YM, great, but like understand that it's it's like it's not like it's some wild I mean, it does move kind of crazy at times, don't get me wrong, but like it it's moving how it should move because it's not uh NQ and ES.
>> Mhm. Yeah, 100%.
100%.
Okay. All right, I'll make sure you guys what you guys can do to win free accounts. All right, you guys ready?
You guys ready for this? Okay.
First thing you can do literally is just sign up for the Ninja Trader Cup. I'm giving away 24 accounts.
Okay, it says in the chat here 10. I'm actually doing 24. All right. Another thing too is you can go to the the description of this video to find all this stuff, right?
You can go to the description of this video or this live stream.
And let me check four accounts.
You can fill out the Ninja Trader uh Cup form and pick a qualifier. You can also enter into the exclusive platform giveaways I do each week. Those get sent out every Friday. Just check your email.
Uh and there's only one entry per week per person. So, um yeah.
>> [snorts] >> And I think that's pretty much it. But like literally like we're giving it's like 36 accounts. Like why are you guys not doing it? You know what I mean?
I don't I don't do these streams like like only about once a week.
But that's how you can get some free accounts. That's literally 30 There's 150 people watching right now. Like you have a literally a 20% chance of winning a free account if you just by doing those things.
Um And obviously if you use code Nick, that helps fuel fuel the giveaways. So.
I love doing that.
All right, so we tagged this gap here.
Um >> I'm liking the reaction that we're seeing here. I would just like to see I'd like to see in Q go down there, too.
Also, feel free to drop some questions in the chat. Anything you guys can do.
Yeah, um here's what I would say with SMT. It's preferred for me, it's not required, and combine combine time and price with that That's where you're going to get the best SMTs. And if you use like the higher time frames. So, for example, uh on the hourly chart right now, this is London This is London low right here. Well, pretty much.
So, there's a SMT right now inside of a 1-hour fair value gap at London, right? And you're bullish.
So, this is a a valid SMT, in my opinion.
This isn't just some low at like 7:00 a.m. and whatnot. All right, this is a This is what we call a valid SMT.
That's how I would use them.
Now, it it really doesn't mean anything because what?
Um we need to see displacement. Correct.
I wasn't absent the past couple of weeks. I I went live every single week.
I just haven't went live as much cuz I have some mentorship students that have just uh taken up a lot of my time.
Which, not complaining.
I like being able to respond to them like in the middle of the market and whatnot.
So, yeah, this is a great example of a of a valid SMT.
And the last thing you want to look for is displacement. So, if we're getting a displacement to the upside, you're okay, cool. Like that's that's a great way to use it.
>> [snorts] >> Okay, I'm not buying gold, selling gold.
All this uh stop getting my chat, bro.
I'll call your mother.
Uh Yeah.
Thanks everyone for joining in.
I appreciate it. I appreciate it. I appreciate it. Make sure you like the stream, subscribe, ask a question in the chat.
Now, we go live here once a week. I I I apologize for the people that were here last week and I told you guys I would bring a guest on, but it was just a little bit of a crazy past 2 days, so I just couldn't get you I couldn't get around to it, but hopefully I'm enough for you guys.
Um I should be cuz last week we were on here. We got a banger trade, so >> [snorts] >> That was a very, very good trade we caught.
Right now, we are bullish looking for previous day high.
Like that is a good looks like NQ's about to run that previous day high.
Now, this is why I don't get like too mad sometimes because like what where's the trade here, right? I mean, this is like chop and then it it comes lower in the same candle and then shoots higher.
I can't do anything about this.
Uh ES, however, Yeah, I I I love this candle here on ES on the hourly chart. Like this looks very, very, very, very nice.
So, I'll probably do do something like this.
>> Uh I'd say two to three.
I've been testing out this uh 1-minute strategy, but it's not really on the 1-minute. I'll show I'll explain it to you guys. I found it with a student the other night. Uh he's probably I if I were to guess, he's probably here in the chat.
But, what you do is it's it's not a new strategy. It's the same strategy I've always traded.
But, if you guys are watching like the 5-minute, for example, correct?
I'm going to break it down here.
If you guys are watching like the 5-minute, for example, and you see that we have a potential breaker right here, but you need the the closure above. What you can do is you can wait to see if we get a closure above on the 1-minute, take the trade, right?
And if the 5-minute, so let's say at at 10 at 9:50 does not close above this 5-minute breaker, you just cut the trade early because you don't get any confirmation on the 5-minute. But, if it closes on the 1-minute, tags you in, and then goes higher, you stay in the trade.
Wow, this is actually crazy cuz this is something I was watching.
Okay.
Uh okay, I don't think I'm going to get this.
I'll show you guys what I mean here.
Okay.
>> [snorts] >> So, since the 1-minute, yeah, ES is way cleaner.
And honestly, to be fair, uh what will probably happen, unless we get something drastic, in the next 2 minutes, we'll probably see us um tag the close above here and tag in anyways. So, um if you get to close your above on the 1-minute, uh you you you take the trade if it gives it to you. And then if it doesn't, you get you close out like on the if the 5-minute doesn't close above this breaker, you just close it out here for a small loss. But, if it does, you just leave the trade. So, that way you can kind of get in the trade as well.
No, I haven't entered yet. I just set the limit.
It's not a new strategy. It's the same strategy. I'm just showing you guys a different entry function. In trending markets, you guys want to have this because a lot of times what you'll see is um it like we've seen for the past couple weeks is price will just come into a area and freaking move. So, you have to be quick and you have to be dialed in to the market. Uh otherwise, you'll just miss moves.
So, I don't I'm I'm I'm much rather lose a trade, in my opinion, like to a point, right?
Than like completely miss out on a plus setup that I that I could have caught.
So, like in this example right here, I'm going to be watching the [snorts] 5-minute.
Actually, I need to find a clear invalidation point, too.
Yeah, I kind of like this.
Right here.
All right. So, what I'm going to do now, I went pretty light just cuz I want to show you guys how this thing works.
>> [snorts] >> So, in the next 50 seconds, if we don't if we do not get a close above this 5-minute, I will just cut the trade for like a small loss.
So, we want to see a close above.
But, I'm already in. Does that make sense?
Just in case he wants to run without me.
So, let's see what happens.
And if it does come down here and doesn't close above and then just rip higher, like I can deal with that. You see what I mean?
Or it could just stop me out right right before.
Do do do do do do do So, about 10 seconds here.
Um 3 2 1. So, right now you would close out of this trade.
Um and if you look at ES and Q, too.
Okay, here.
You just you were just in the position.
Now, low-key, I still kind of like this thing to go higher.
Um It did hit previous day high on NQ, but like I'm I'm I'm pretty light on this thing. So, I have like $180 worth of risk.
>> [snorts] >> Just a strat you guys can use.
Uh previous day high on NQ. That's so weird that like it's just so much more to the upside. Oh my god, TikTok traders, I'm so sorry.
Yeah, this actually doesn't look good.
NQ selling off. Uh I'll close it here.
I want to see what happened on NQ once it got above got above here and then just kept dying, man.
I'm peep gold out for a second.
Yeah, of course, bro.
Thanks for tuning in.
Thanks for tuning in.
>> [snorts] >> I like the other way more to manage anxiety in that. Yeah, no, it's just something that I have someone who doesn't take a whole lot of trades, but um they want to be able to like catch the moves and whatnot.
Um Someone told me a peep gold.
Yeah, gold does look does not too bad.
There's a lot of lower resistance liquidity built up here. Want to see what happens.
on this.
>> [snorts] >> Um Looking for more speed and displacement.
Yeah.
Me, too.
I just want to wait for some stuff to clear out for a second.
Uh don't we have FOMC meeting minutes later today?
Yeah, 2:00 p.m.
Yeah, that's about it, man. It's a pretty dry week.
Pretty dry week.
>> [clears throat] >> Your bias is still sells. Oh, wow.
I'm not doing the remix of the FEG song.
I'm not doing that. I'm not I'm not I'm not even going to be a feature in that.
I'm not doing I'm not doing anything.
I thought it was so funny Dodgy had like ICT's head bopping on the lyrics.
I have a dead bro.
Uh my thoughts on FOMC today. FOMC meeting minutes is completely different than FOMC um like the normal FOMC. So, like I don't really I don't really care about this.
If anything, I think the market's going to move more off the Nvidia earnings later today than it will FOMC meeting minutes. And that's at 4:15 Eastern time. So, we actually could see uh enough volatility to start moving back to this uh previous week high.
Yeah, Dodgy, bro.
Feasts.
Brain rot, bro.
Absolutely brain rot.
>> Really think gold's going to go lower.
I just didn't see this beforehand.
I'll have an entry now.
Yeah, make sure you guys like the stream, subscribe.
Why is everyone talking about him? Who is he? You don't know who Dodgy is?
Well, maybe it's just for the good then.
He did He did a bunch of He does Here's the best way to describe Dodgy.
Dodgy is the Jake Paul of the trading space.
There you go. That's That's That's That's perfect analogy.
Uh 925 shorts on gold were actually kind of clean.
They're going to target down to these London lows.
Dang, dude. Didn't even see it.
I don't know what candle two candle three concept is.
I really don't.
You're going to have to enlighten me on that one.
Uh 50K account funded or eval?
Uh you try to go short on uh MNQ?
Uh On eval, I do a bunch of videos on those.
I mean, it it's going to depend on the person, but like I like to risk a lot per eval, like 3 to 400, 400 to 500.
Uh I'm funded anywhere from like 10 to 12% and personally on my personal, like 1 to 3% on there.
Oh, yeah, that's right. The the C2 C3.
Okay, yeah.
That's I completely I completely forgot about that. The C2.
That's T Trade's Factor Model.
That's what people are talking about.
Uh Yeah, of course it's spot-on.
Mhm, where you say you wanted to go higher then it goes down.
I mean, got a winning trade last week on stream, got one yesterday.
Uh I mean, it's just it be like that sometimes. Sometimes that's just the way the cookie crumbles.
But at the moment, I don't kind of choppy. It did run previous day high and it's kind of been going lower, but I'm not going to get like chopped up here.
I would have loved to see this close above and then push at least to this uh 8:30 high.
>> [snorts] >> Makes me think that it's stalling for Nvidia earnings later today. I have been watching this gold just run run without me though.
Um Yeah, could see that bad price action today for sure.
Missed it.
So clean.
It's pretty choppy market for sure.
Like it hasn't done much.
Just have to take it candle by candle.
Mhm.
Nick, what's the best prop firm deals at the moment?
I mean you can't go wrong with I mean honestly, it's I've never seen so many at one time. Like I it's been kind of crazy.
If I were to pick three that I think everyone should use, it depends on like what you want though. Like I put out a tweet a couple days ago talking about like each one like what it's good for.
But seek and yeah.
Uh no, you can trade metals with uh Uh Jason uh Jason, you can trade metals with Apex now.
Yeah.
Be forced to live account by Apex. No, after 6:00 p.m. actually you can.
But here, if I were to get like I think it should be be a combination.
Like if you're going to buy an account right now, for example, I would take advantage of the ones that like never run sales.
What is going on?
So like for example, I would probably go with I mean you can't go with 50 50% off Lucid right now.
50% off Alpha for 2 days.
Uh Take Profit Trader never does 50% off with no activation fee.
And then Funded Next Uh the flex accounts are $69.
So I'll probably say those five and then Apex 90% off.
Like it's just it's just so many like I I you really can't keep track. And if you did if you guys do want to check check out the website, I have them posted on there, so.
Uh I >> And enter the giveaways.
Looking for a one-up for SMT in the one-hour gap for me.
Yeah, that's good.
There's currently an SMT here, so maybe we can wait for NQ to go lower.
My only problem is I'm going to have to see some very nice displacement back to the upside because we've already taken previous day high.
So, >> [snorts] >> let's see what happens.
Yes, Lin Trader, that is a very, very good point. You could have SMT marked off there as well.
That's a That's a good example of a SMT at previous day high.
My My My thing is, though, I I can't really frame shorts at this point.
Um >> Wait for 5 minutes. Change your state of delivery. How to enter the giveaway?
Just check the description of this live of this YouTube live.
Nick, I'm stuck in a loop. I'm not breaching too many accounts, not even passing psychology correct journal on it every trade, no overtrading. Please advise.
Uh and passing. So, you're a break-even trader. How long have you been a a break-even trader if you don't mind me asking?
Yeah.
That was kind of where I was going paranoid, but I wanted to make sure like I want to see how long you've been trading for.
Cuz if it was a long time, it may not it may be edge. But if it's not a whole lot of time, then you know.
>> So, I had to respond to my message. Are you still interested one year break even last year on my account for five months for a fear breaching the first one. Yeah, so Are you still interested in using a 6-hour 90-minute for bias in these crazy markets? I don't use a 6-hour and a 90-minute. I don't use that. When you study trades that don't hit TP, what do you usually see? Was it that bad trades?
Um no, a lot of times it's just early for that.
Yeah. God damn, dude.
This freaking Tik Tok is freaking blowing my thing up. When you study trades that don't hit your take profit, what do you usually see? Was that bad trades? So, for me, like I said, it's usually a little early that I'm early into the trade.
Um like last Tuesday, I was looking for higher prices and we had a good reaction to the upside and then um you know, we we I got tagged in, price went lower, and then later in the day it actually hit my my would have been my take profit. So, >> [sighs] >> there's very few times where I'm like like like pure wrong on my on my on my bias for the day.
And if I am wrong, like it doesn't mean I'm trading it.
Like for example, like if I'm looking at shorts from here, outside this trade, but I'll probably just like let price go lower. I'm not going to try to catch it.
This is a very, very nice close, too.
That's kind of wild.
That would for sure start to push higher.
Oh, no, you're fine.
You're fine.
Yeah, of course, paranoid.
Let's see here. I'm going to take this SMT off now since there is none. And then I just want to see, honestly, what happens at this level on the hourly chart.
To be fair, like if if we don't get a closure, if we start to see a reaction to the upside, I could take a trade long, but if we just start to see lower prices, um it just sort of is what it is.
I don't really see a short.
If anything, it's just looks a little choppy, to be to be fair.
>> This is pretty good.
Yeah, SMT clearly still high played out pretty nice.
Yeah, I mean, I don't know. I mean, like do you see any clear displacement here?
Like I I see like one fair value gap to the downside. That's about it.
Oh, you had a limit order there? Dang.
Your win rate is 60%? I I I think what's probably going on Parth is I feel like your when you when you're in the trade, it's pretty >> [sighs] >> There's a lot of emotions tied to it, which you know, skew will will skew your data from what you pulled from like back testing whatever, which is why like back testing isn't the end-all be-all.
All right, this is a pretty good move here.
Um Dang, gold dropped lower and then shot higher.
Next you the lower time frame than the 5 minutes?
Of course.
Do you trade a lower time frame than the 5 minute? No, not really to be honest with you guys. Like the 5 minute will kind of keep me from doing a bunch of dumb stuff.
So, it's best to just kind of stay on that.
I I do know people who trade the 1 minute, but you know.
I feel like you really really got to be locked in. And like I lost a lot of money on the 1 minute time frame. Of course, I cut it early and price just runs without me.
It'd be like that sometimes.
Yeah, I knew short I knew short's going to play out.
Just knew it.
This is like We'll see what happens in the next 3 minutes. See how this candle goes to the upside or not or if it just comes back in the range, but it could be pretty volatile chop before Nvidia earnings. So, it could just be bouncing both ways.
Good stuff, Ashley.
Good stuff.
Yeah, like for example, you probably cut a little too early, too.
>> What was the news? Let me check Twitter real quick. Let me check Twitter.
Yeah, I don't know why we just pumped.
Does anyone have any news on that?
I can't find anything on why we just pumped higher.
Yeah, 100%.
Yeah, it's a broadening formation on the 4-hour. Yeah.
I use the desktop version.
I I haven't tried like the web version, so I wouldn't know the pros and cons.
To be honest with you.
>> Yeah.
I switched from the 1 minute to the 5 minute. It feels way better for me. On the 1 minute I get overstressed and I can't read price clearly. But on the 5 minute I can see the breakers in the session draw liquidity much better.
Yeah, 100%. It just makes it easier to to to trade. The only thing it doesn't make it easier to is to control your emotions because you get man, I could be getting a like a 1 minute entry or 5 minute entry rather than the 5 minute entry and the price just kind of runs without you. So, you just kind of have to deal have kind of to deal with it times.
Peep this 15 minute real quick.
All right, so we're bouncing from a 1 hour gap here.
Low-key I kind of like this.
I want to see something like this.
I feel like this isn't too much. 74 54.
This wouldn't be too much of an ask, I don't think.
So, this was my entry here earlier and then I got I got stopped out, ran lower.
Uh probably could have been a little bit more patient, wait for a better displacement, like something like this.
But this is what I mean, like when I get stopped out it's usually not cuz I'm like I'm wrong on the bias, it's cuz I'm early to the move. So, and then yeah.
It'd be like that sometimes.
NQ's going higher.
I'll probably set my limit order here at the top of this breaker on the 5-minute.
If we can get it.
About 2 and 1/2 minutes.
So, in this example right here, people like, "Okay, why don't you have your stop at the the low of the breaker?"
The main reason for that is it's too tight, right? Cuz price could come in here, come halfway to the FVG, wick, and then shoot higher. Whereas like if it's down here, it's it's the lower of the two PD arrays. So, you got the breaker, you have the fair value gap I have at the lower of the FVG.
So, that's why I do it how I do it.
But, we need this closure in a minute and a half in order to take this trade.
I actually like if it doesn't give it here, I'm probably not going to take anything the rest of the morning because this could be like a megaphone. Like price could just be chopping around until Nvidia earnings later today. We got FOMC in the afternoon.
But, I can't ignore this ignore this displacement here.
If we continue to expand.
But, keyword continue.
Okay. So, no candle closure here. So, no trade.
So, I think who was talking about I think it was Marco on the on the 5-minute.
Yeah, it's a lot more easier to just trade the 5-minute.
Like the 1-minute people probably would have been stopped out right there.
Uh or they're about to.
Whereas on on the 5-minute you can just wait to see if we get a closure back above and then enter.
>> Looking for longs Apple user. Yep.
Looking for longs, too.
How about right here?
I wanted to see us close above this candle at 10:20 and never did. It'd be fun It'd be so It'd be a perfect way to rage bait me today. Stop me out earlier in the session and then give me a second entry.
Look like you're going to give me a second entry, but you really don't, and then you just pop higher.
Like Yeah.
>> Check out the wild to be cool lows that's on on YM.
I'm not looking at YM, bro.
I mean, I'll look at it for you guys.
But Oh, you talking about these right here?
But Yeah, I mean, this looks like range-bound chop to me.
I'm going to put this back on here just in case we get some crazy move in the last 2 minutes or last minute and a half.
Uh one more minute. If we can get a close above, I'll take this. Probably be my last trade of the day.
What will probably happen is it'll probably just rage bait me.
It's probably what's going to happen.
Mhm.
I'm peeping Q on the hourly chart.
Looks solid.
Yeah, it's the last move up before the move that before the move down takes liquidity. That's how you describe a breaker.
So How do you identify a breaker? It's the last move up of a combination of candles like a like a order block before the move down that takes liquidity. Also, it's basically just a bullish breaker flipped the other way.
A bullish breaker is just a order Actually, let me enter this trade. One second, I'll answer your question.
All right.
Oh.
I gave me a shitty entry, but I'll take it, I guess.
I'll keep my stop right here.
Uh this is the trade we're in right now.
Got a closure above the breaker, stop at the low of the FVG. Let's see what happens. Now, let's answer your your question here. Can you identify how to find a breaker?
So, for example, so you see how this move this last This was the last move up before the move down that started towards that liquidity that we are watching, right? So, with that, okay?
This becomes a bullish breaker once price closes above it. It's going to be a a bearish order block if price came up here and tagged it and then went lower.
But, the fact that closed above it and then retested it, that makes it a bullish breaker. Does that make sense?
Now, I did. So, think of a a breaker is basically just a failed order block. And a IFEG is a failed fair value gap. It's just support resistance resistance support.
Okay?
>> [snorts] >> Yeah, of course.
All right, so we're in this trade here.
See what happens.
I think when we hit if and when we hit previous day high, that could be a point in which we can reduce risk on this trade.
Uh yeah.
We already hit it on NQ, but I'm going to be very very selective with what I do on this trade, by the way.
Why don't you use the 955 candle as the breaker?
I could have, for sure, but um I just wanted to see displacement up first. Like once we got it here, I'm like, "Okay, I'd much rather take this this one up here because I still get a good risk to reward."
Um and I don't think you ever would have got tagged in here, right? I mean, yeah, I guess you would have.
Honestly uh who who who asked that question?
Ghost? What I like to do is like pay attention to like what looks clean, you know what I mean?
Like to me, this right here just looks like chop, right?
Uh I bought a 25k account passed last night and I just made $251 and it says I'm at 100% consistency. Why? You probably need to let it update for the rest of the day.
Oh, the reason why it says it's 100% consistency cuz that's your first trade.
Like that's your only profit. So like your total profit, 100% of it came from that trade you just took. When you take another one, it will go down. You see what I mean?
You just haven't taken enough trades.
I I I see people do that. Like they'll take a trade and they'll say like 80% consistency 100% consistency. I'm like, "You have to keep trading. You have to hit the the profit target."
Uh the 15-minute looks pretty solid.
This is a good trade. I probably would rate this close to a A setup.
Um the only thing I don't like is uh SMT of previous day high, but it is what it is.
Uh there's a 9:45 also a breaker on the 5-minute.
Yes, we were talking about that.
Let's keep it cute real quick.
Trying to see where ES could be reaching for.
7432 I really liked your Bahama video.
Bahama video?
Are you talking about with the student?
I think I think that's what you mean.
Yeah, yeah.
Yeah, it's pretty good video for sure.
I'd like to see ES hit previous day high. I mean, I feel like that would be a easy target for the session, especially with how this hourly candle is like moving.
You would think it, you know, want to reach at least to 7433.
Put my alert right there, too.
See what we can do.
Yeah, 100% definitely in flow state.
Which highs and lows do you draw? I like to use previous sessions highs and lows, previous day highs and lows.
And then, I'll use fair value gaps as well.
Mhm.
>> Yeah, make sure you guys are hitting like and subscribe to the channel here.
We're in ES longs trying to target previous day high and in a little bit further.
Also, if you guys want to participate, I'm giving away 24 eval accounts and then, you know, I'll give away some other accounts at the end of this week. If you guys check the link in the description of this YouTube live, you can sign up for the Ninja Trader Cup. You can sign up for the giveaway I do every Friday and they they will be sent out via email. So, check that out.
And Apex Apex Alpha Funded Next Lucid Pretty much everyone is running crazy sales right now. I don't know why. Like it's not it's just Memorial Day weekend this weekend, so.
But, Take Profit Trader 50% off with no activation fee.
That never happens.
Also, feel free to ask questions you guys.
Feel free to ask some questions here.
I started this year with some nice Then I had a personal I I started this year with some nice payouts and I had personal stuff which made me put too much emotions in the trading and I screwed up all my accounts. Any tips on how to build it again? So, what I would do is I I would just find like the accounts that you were trading before or maybe some other ones that, you know, fit your trading style best.
And just try to get a couple of those, get some payouts, and then get some more uh accounts.
You know, I wouldn't reinvest all the profits back into more accounts. I would just invest like, you know, if you get $2,000 payout, maybe just invest like 200 bucks back into some accounts. Which 200 bucks can get you a lot right now.
For example, like if you uh like the alpha accounts right now are pretty cheap.
Uh the Lucid accounts right now are pretty cheap. Take Profit Traders $85.
So, you can get three of those, you know what I mean?
That's how I would do it.
Yeah, I mean, try not to get so caught up in all that stuff, you know what I mean?
Like just slowly focus on like building the process and, you know, get your mindset right. Cuz if you can trade like stress-free, like like that is a huge help, you know?
Do you mainly use breakers as your entry trigger? I use breakers and IFEGs.
That's what I use. I I put out a tweet earlier this week talking about um you know, it's it's just a vehicle of where I uh it's just a vehicle of where I want to use to where I think price is going to go, right? So, like a breaker could be one vehicle and then IFEGs another, you know? It's all based on like where I think price is going to go.
So, we need to stay high. If I would have had a nice FEG IFEG in here, I would have took IFEG.
But I I just didn't see one, especially on the 5-minute.
This is a little slow though. I I'd like to see us push higher.
This is like very very slow.
Thanks for tuning in, guys. Make sure like the stream.
Yeah, of course.
I bought the new Funded Next Flex and see how those goes.
Yeah, those are solid. $69 one time fee, no activation fee. Just make sure you're taking a trade once per week on them.
Once every 7 calendar days is all I recommend.
Uh let me peep in Q real quick.
I feel like we're going to go higher.
But we need to do it pretty soon.
It's already 10:45.
You only trade on the 5-minute and above. Yeah, I probably say 95% of the time the 5-minute and above. Yeah. It just helps me stay dialed in.
Like the 1-minute just moves a little too fast for me, you know. Maybe it's just a skill issue. I don't know.
I I just don't like trading the 1-minute.
I feel like it does more harm than good.
You guys like the video on Instagram yesterday?
Play a hole with me.
I'm doing an in-person mentorship meet up like later this year.
Going to play some golf with that, too.
So, I'm excited for that.
Have a couple of that are pretty good golfers, too, so got to um um I got to uh I got to kick their ass pretty much. Let them know who's boss. Let them know who's top G.
>> [crying] >> Thank you. I appreciate it.
This is not moving. I don't like how slow this is.
Um But I I want to see previous day high.
If we can get there, I'll probably reduce risk on this trade.
Uh I think we just did the math. I think it's like 5 45 50.
I don't go very like heavy on my risk.
So, like when you guys see like the big P&L's, like I'm not going crazy risk, you know.
Uh I've been trading for six How long have you been trading for? How long you been uh am I going to trade today?
I'll probably end the stream here in about 10 15 minutes.
Yeah, I mean 5 10 15 20 25 30 35 Yeah, 55.
Kind of crazy. But it's I don't really think of it like that. I just think of it as like one trade.
I I mainly just keep the P&L thing up there for like when people watch like like, "Oh my god, like look at the stream." Kind of like clickbait a little bit, but Can you do some trade recap YouTube shorts instead of them all being preachy cycle aid, no offense?
Yeah, uh I can I can try work something in there.
My My main thing is with those Are you talking about like what I talk about like strategy or you talk about cuz I already do some like that.
Yeah, take it easy, Ashley.
About 3 years. About 3 years.
Mhm.
Do you trade the accounts till live or blow them before last payout? I I usually just trade them till live.
But, like what I will do is trade the live ones. Sometimes I'll trade them separately.
Like I'm just like a different group on Trade Copier or whatever.
I I usually post the trades. I mean, maybe if you if you look at Instagram, Strat King, like you'll see my trades.
Like watch them play out.
I'll post those as well. I don't know.
I try to do like one or one or two of those a week.
Like I said, like I'm not just going to take trades just for content, you know what I mean? Like if I only take two trades that week, you know, I'm only posting two videos that week.
You know, for in terms of trading related.
What's your go-to contract size when trading? I probably say 10 to 15% drawdown on funded.
Like sometimes a little over 15, like if I feel really, really good about the setup, but what sometimes what I do, since I have, you know, like a live account, uh some good fundeds, is what I'll do is just like keep the size the same pretty much.
And let let the accounts just like work for themselves.
Yeah, I mean, I wouldn't say they're trade recaps, but like you see me enter the trade, you see the trade play out, and and stuff like that.
Yeah, you may just have to check Instagram. I don't know why I haven't posted the YouTube. Let me check real quick, actually.
Mhm.
Yeah, I posted one last week talking about trader bags 189 points, and then the week before that. So yeah, just check it out on YouTube.
And Instagram.
How much should you start with when making a live account? 25k is what I've been thinking. I don't even think you need that much, bro. Like what you could do is like if you have a 25k account, maybe just put like a thousand bucks in there and trade the thousand like it's 25k.
You know what I mean?
That's what I would do. That's what I do.
Like I never have like I'm I'm trading over $200,000 worth of live capital.
I'm not trading I'm not I don't have $200,000 in a brokerage. That's just stupid, in my opinion.
Like, you only need like 10 to 10% of that in there.
Maybe 2.5k, Sackboy?
And then maybe risk like 12 to 15% or 20% of that drawdown of that live account.
That way you just kind of protect yourself.
Now, this is pretty slow.
NQ's the same.
>> [snorts] >> I wonder if it's going to be a delayed move in the uh AM session. Like, if it's if it's just going to pop off at around 11:00.
Have you done a recent video on Alpha Futures? No, but that's a good thing I can do. Thanks for pointing that out.
I think that's what I'll do.
I'm in Forex right now. Would you recommend futures? 100%. With Forex, you're going to get a lot of There's a lot of manipulations with like the brokers. So, you're not going to get as very clean fills and I I just I don't like them, you know?
You're not really trading Like, you're trading like the NDX, the NAS 100.
The one good thing about the Forex firms is you can hold them overnight and swing trade them, but that's about it.
My entry is that 3-minute IFVG on NQ buys.
Let me see what you're talking about here.
Oh, yeah, like right in here. That's pretty good.
Pretty good.
I want to see ES start to expand here.
>> [snorts] >> The plan is probably to since this is This is probably one to one. Yeah, so what I'm going to do is at previous day high I'm going to reduce risk and move stop to break even.
That sale was a little weird.
Uh Nick can how do I trade Lucid Flex on TradingView? I'm having trouble understanding how to use Tradeovate. So, you go to you get the account with Lucid, you go you log in on tradevate.com and you go to the add-ons or the settings and you turn on the free TradingView add-on. It's It's like a little It's at the top right of the of the screen and you just click add TradingView. It's free.
Yeah, have a have a nice day.
Uh let's see any other questions. Nick, can you explain breakers real quick?
Yeah, so basically answered this earlier. It's the last move up before the move down that takes liquidity. So, this is the last move up before this move down that started towards this liquidity, right? Inside of this hourly FVG and then we had a move higher from here. Now, a breaker is really just a failed order block because if we would have rejected right here and went lower, this would be I mean it it is an order block actually, but once it price closed above it right here at 10:25, which is where we entered, that's when it became a breaker. So, think of it as like a a bullish breaker is a failed bearish order block and a bearish breaker is a failed bullish order block.
Makes it pretty easy.
Just like IFEGs and fair value gaps.
>> [snorts] >> Moving pretty nicely to previous day high.
Let's see what we can do.
See you next time. Kids are more important now. 100%.
That's the dream.
Can you explain the reasoning behind entering your ES trade right now? Yeah, sure. So, with this trade, right? We had a 1-hour fair value gap that I was watching. First off, I was bullish on the day because we have previous day high up here at this level.
And on top of that, uh we had a some relative equal highs right here that we just tagged.
And then we had a hourly FVG right here.
So, price came down, tagged this hourly FVG, and then that doesn't really mean anything unless we get displacement on the lower time frames. Now, on this trade right here earlier, I got stopped out. I was showing you guys like that 1-minute, 5-minute entry if you guys remember that.
But, what I should have waited for was something like this.
Uh this is what I was talking about when I say I'm usually early to moves rather than completely wrong. And on days when I'm completely wrong on on my bias, I usually just don't trade cuz I was just so taken back by, you know, price going lower or higher. So, price swept out this stop run inside of this hourly FVG. Price closed above this breaker right here, and then uh so so far I'm going to move higher.
Uh what am I targeting? I'm targeting this previous day high and then a little bit a little bit more.
People were also saying, "Hey, this is a breaker at 9:45 or 9:55?"
Yeah, you could have used it. My only problem is like where is the beginning of it? Like the top of the breaker is right here at this wick, if you see.
And like that that's just going to screw up your risk to reward.
And plus since I got stopped out earlier in the session, I want to see price, you know, be a little bit more sell me a little bit more than it did earlier because I got stopped out, if that makes sense.
I shorted to the hourly FVG. Okay, good.
Hopefully you're out by now cuz shorts don't look like they're working.
>> Yeah, take it easy.
Make sure you guys like and subscribe to the channel here.
Uh my bad, TikTok. I'm re-centering the screen right now.
Also, too, the main reason why I'm like moving price up move stop loss up uh because we have FOMC and Nvidia earnings, so I I I price could chop around. Like, that would definitely be a good filter for it.
But, we'll see what happens.
Um Hey, Nick, what do you use for news? I use forex factory.com.
That's what I use. I I I For the settings, I do orange folder, red folder, and I use the gray folder as well. And sometimes I use the yellow folder because you'll have like bond auctions on there.
And you those are definitely pretty important. But, those are usually doing like 1:00 p.m. or uh p.m. session.
And then sometimes crew If you guys trade oil, they're usually the crude oil inventories are your yellow folder as well. So, you just have to watch those.
Uh see >> Yeah, that's what I use for news.
I'm going to hang around until a couple more minutes.
M15 breaker on ES right now, too.
Why not show Nvidia earnings on Forex Factory? I think you can actually do a filter for that. But like you can also use earnings whisper.
That's good for for keeping track of the earnings. It's a good Twitter page to follow or website.
Nick, I was in drawdown on a 25k Apex account and had like $400 left. I I risked it all, but the trade I automatically closed way before hitting the stop loss. Why is that? What what kind of account was it? Was it intraday or end of day?
Financial Juice, yeah, I've heard of them, too. They're pretty good.
>> [sighs] >> About 11:05. I'm probably going to just going to call the stream here. Sorry, TikTok.
Um Probably going to let this trade run out and take dogs on walk.
They've been there.
Let's see here.
What I would do, if I were you guys, is just wait till price hits um previous day high.
And then reduce your risk from there.
What I'll probably do is take off one here and then trail the I may trail the other one pretty aggressively. Like say for example, if this goes up here, tags in there, what I'll probably do is just uh put my stop right right here after it takes this after it takes this high and then trail the other one to break even, but um yeah, we'll see what happens. The 15-minute looks pretty clean, too.
I wouldn't be surprised if it comes down, tags us one more time, and then goes higher, but um yeah.
I'm already tagged in. I've accepted what's going to happen, so uh yeah, any last-second questions?
How do you get the order filled sound on TradingView? I think it's on NinjaTrader. I don't it's not on TradingView.
It's on Ninja NinjaTrader or TradeOgre.
I don't know how to do it. I would love to know, but whenever I trade on my NinjaTrader platform, it pops up.
So, I just have to like turn it on and off.
You ever add to your position in trades?
Yeah, I did last week or 2 weeks ago.
Nah.
Like if there was like an IFEG here, for example, I would have bought in here and then I would have bought it on the breaker, for example. That's how I would do it, but yeah, yeah, yeah, yeah.
All right, I'll see you guys back here next week. Like I say, manage this trade.
We'll see what happens. I think previous day high should get hit.
We're we're pretty close to it.
We'll love to see that happen.
Cuz then we can start reducing risk, but yeah, I'll see you guys back here next week. Don't do anything stupid. Just make it to the next day, you know, trading you know, don't get too short-sided on this on this [ __ ] so.
Make sure like the stream, subscribe, use code Nick at checkout All Props, and um like I say, see you guys and sign up for the giveaway. Sign up for all the giveaways. Giving away pretty much like this month, like 45 accounts. Cuz you the the Ninja Trader I'm giving away 24 accounts, and then about three to five per week.
So, that's about 45, 50 accounts. If if you guys just click the link in the description, sign up, or you do the giveaway form on the website as well, nickdoesfutures.com/giveaway.
So, see you guys back here next week.
Yeah, I hope this hits TP for you guys.
I wish all the best.
And
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