SNIPER FOREX SCALPING STRATEGY!!! | WORKS ON US30 & XAUUSD (FIBONACCI STRATEGY 2021)

[Applause] [Music] [Applause] you read the title man you read the title i'm about to give you my strategy this is a strategy that i use every single day in the market and i know you're probably like man stop playing bro you bout to give away your tragedy for free i am i swear to god i am i just want to do a good deed man and share something to the world that can impact the world man like a lot of people just want to take your money i don't want to take your money i'm making money i don't need your money youtube don't pay me i don't have a course i don't have a telegram chat i don't have a signal chat i don't have anything i just have me and i'm deciding to share this to the world man so as much as a lot of people that have fibonacci courses are going to hate me as much as my sister is going to hate me for this i'm doing this for y'all like i want to see somebody else win i want to see somebody that don't even know what the going on the market watch a video back test this take this video seriously and start making money in the next in next couple weeks you know like i'm very very serious man i want to help somebody so take this video serious man take notes and bro just soak up as much information as possible man i hope that this video can um help you in any way shape or form and all i'm asking for you is just like the video like please like the video man like this is what i use every day every day so let's get it [Music] all right man let's get it bro let's get it before i even show you this i gotta pull it out first so this is how my fibonacci strategy looks so all right so let me explain every single fib level so let's start at the top it's 100 this is your stop loss this is this is um this fib level is used for stop loss also if if if your fibonacci breaks this the fibonacci is invalid and it's the trend is changing okay let's just let that be known now sometimes i'm not gonna lie to you sometimes the market the market know where your stop-loss is at right so they will wick all the way to to 100 fib level and then go in your direction so it's up to you if you want to use this in your stop-loss so you want to have a slightly above it i just have it right here because like i said i got a good risk reward so it's up to you it's up to you i'm just telling you exactly how i use it at 70 this is where i enter the trade i don't i do not enter off the 61.8 i don't enter off to 62 or 60 i only enter off the 70 you will have sniper entries i am not playing with you listen to me listen to me you will have sniper entries i'm not playing as soon as it touched this it might wake up a little bit and then you're automatically in profit that's why i keep telling you fibonacci is the key 70 barely any drawdown and then it might come up here a little bit but give it maybe two to three candles and it's gonna be right below it so seventy percent that's my entry soon as soon as price touched the 70 i'm in i don't even wait till the candle close i enter okay i entered 38.2 this is a very this is probably the most important field level on the fibonacci because price price always bounces from this field up whether you're waiting for the pullback and they come home okay so price is like coming up here and then it bombs from it and then they come up here yes one once it bounces from the 38.2 first you know your fibonacci is good like you have it placed perfectly because it bounces off of this first so once it bounces off the the 38.2 it might come back down a little bit it can retrace anywhere down back here and then it'll come all the way up here then come back down to the 38 [Music] and then it will bounce back up i'm not gonna lie it will bounce from this like once it comes to your entry it will come back down to 38 and it will bounce from this it might make a wick a little bit more off the 38 then it come up and then once they come up it it depends it might come up a little bit higher and then it would it would drop down to you know i'm saying whatever field level or past it but listen to me bro 38 2 is the most important and the 38.2 is my first tp okay first tp and i know you probably like like damn that's a close tp but look at this look at this [Music] you have a slightly above one to one okay slightly above one to one scalpers this is good okay this is good i know people say i'll have one and two but you're not gonna always get a one and two risk to reward that is a myth you're not gonna always get a one to two so fibonacci you take some profit off you you um you take 50 off you take 25 off 75 off however you want to do it and then as price uh as price come down here it's going to reject it but all about if it break through this then you you literally trade news or something i don't know but it's gonna it's gonna uh bounce off this come up then it's gonna tank down tank down and then whatever but most of the time i'm be honest most of the time um when it bounces off for this it maybe come down here and then they go up so don't expect for it to come all the way down here and sometimes i'm not gonna lie even when you are wrong listen to me listen to it even when you are wrong and you put your feet wrong [Music] it will still sometimes come to 38 and then go up okay so you can be wrong sometimes as long as you got that first tp touch sometimes you might have to close your whole entire position just depending on how the market is moving so the 38 two percent is gonna have you get a high win rate i'm telling you i'm dropping you golden nuggets right now i like i know my sister probably like man what are you doing but i don't care i'm just getting away for free i don't care so 38 2 is a perfect good tp um yeah just just know that this field level is probably the most important now before before you ask why don't you enter up to 62 or 61.8 that's just how i trade and with my fibonacci strategy you are going to miss setups you have to be okay with that you have to be like damn i just missed a setup today but i recommend having maybe three pairs minimum three pairs minimum because you're going to miss setups because sometimes price won't even touch the 70 it would go to the 61.8 and then tank so that's just not my setup like this is how i trade this how i have a good risk to reward this how i grow my account and this is how i take losses and be okay and make the money back the next day without tripping you know what i'm saying because if you got the 61.8 which is going to be somewhere down here once price go against you and your stop-loss up here you just lost more money but then you took a couple wins taking this but you just lost it in a day so just listen to me man one-to-one risk reward perfect close partial let it run it's simple bro you didn't think about once it touched 38 um move your last position to break even and just walk over the charts and just see what happens you never know man this might be a big runner you never know okay so i told i explained 100 which is stop loss and once they break it the trend has changed 70 is my entry 38 38 2 is my first tp and price usually bounces off of this coming up and coming down this is just a this is just a key fibum and let's go to the tps okay let's go to tps this is tp2 um it's 25 it's just a tp i know it's not really nothing special this is not not special either now this now the 10 percent fib level this is one almost one to two i feel like i got it wrong man this is really one to two i know this is definitely one ah back test this already so okay okay whatever this is one to two okay this is one to two and when you leave your when you close half at one to one your next tp should be the ten percent now now hear me out this will not get touched often it won't i'm just letting you know don't be discouraged when it don't get touched it will not get touched as often your market have to be in a strong trend before just to get touched and if it touch this is really in a strong trend or it might just wick to the zero percent and then go back up so and the same thing applies for a buy literally the same thing applies for the bot same thing stop loss price break this and keep going trying to change entry price bounce stuff for this tp tv tv very simple bro okay so now since we got all that out the way let's see this on some charts bro i got dollar swiss right here and these are the four pairs that i trade now i needed four pairs because like i said price will not touch this um 70 all the time you got to be okay with it man you got to be okay to just chalk up the the missed opportunity because it's just not the setup because if you lose you're gonna lose more money than to win so we need it to be leveled out now as you can see i have two indicators on i have three moving averages and i have something called a fib point okay you can go on trading view and put fib fibonacci type in fibonacci and it should say something like mmp something like that these are fib levels right fib levels matter of fact i'm gonna just show you major minor fit points okay by bench uh bench ch okay this is very important bro because for people that really don't understand higher highs and higher lows you can spot these things like that it's not even a question if you got it wrong or right and this is what i use even though i i can cl i can take these off and clearly see where my construction break and where it's making a newer lower or newer high but if you got this on you don't even have to question it now as you can see this at this point this is the highest point before it broke structure so let's just um where's mine okay so at this point it broke structure as it breaks structure you wait for it to pull back to our entry so you will run your feed from the top of that point to the bottom which i have is this line right here it came up did not touch your entry do you hop in no you do not i don't care what happens you do not you wait till it touch your entry it came back down to the 38 almost touched tp2 did not came back up what did it do two candles and you're in profit okay it did not touch your first tp you do not exit early you let it run first tp close half 25 75 whatever you do and you and you move it to break even it touch tp two and three so now you got a one to two it's golden okay golden gold bro let's continue we have another one like now these are set up that just happened throughout the day this is not even a new york session so this is just the power of fibonacci this is what the market moves ass i keep trying to tell y'all the market is fibonacci but they don't tell you that so boom you see all these little fib fit points you start it from right here and you see you see where structure is being broken which is right here okay let me manifest so i want y'all to really understand this so y'all can kill it in the markets but you have to practice this it's not you don't get this overnight okay so market the market went past this low right here even have a fifth point on it usually you'll know when when price passes another fit point it's market structure break so it went past it came back up touched the 70. you see how you went barely any drawdown it blew past the 38 now like i said if it blow past a 38 you are in a strong trend a blue passing you better let that boy run you better close you better close with maybe one position and you let that boy run okay you close stop stop-loss break even and and as it as it's moving down like as it touched the zero percent i'm moving my stop to the 25 25 level you keep moving down you created another field like they go another field but we need going we feel but we need to do no matter we is creating another film now i i'm not saying get greedy in stack orders i just want to show you that man the market is fibonacci i keep trying to tell you one another fibonacci one you could add it you could have added to it but we we're not gritty we're not pretty at all so yeah you let this boy run these are the runners that you leave and you just wake up the next day or whatever or you have a certain tp and you just take it but this is a beautiful play right here let's continue let's continue man let's continue right here you go another one okay you might get confused because there's a height right here a high right here and you probably like how is this marking structure break listen man you have to look at the current market current market don't just look all the way back here and like oh it didn't break this high it's not market structure break it is because it broke this current high the market is always changing don't just always look at all the way in the past and be like well price need to price need to um where's my price need to break this point and go past this point and then come down bro it's not going to do that all the time it's just not [Music] okay it's not so let's look at this so price broke this high right here right so once they break it you wait for the retracement you see the fib level showed up you pull your fib out and you leave it right there you leave it right there okay because it's gonna be it's gonna be at this point you can't see this part so it's gonna be up here you're gonna wait it touches this attached to 38 now you see how it bounced off the 38 i'm telling you 38 is very important italy touch of 38 made a little wick you would have been you would have closed in position right there okay you would close some positions and stop loss break even boom it's gonna be right here you don't lose anything either you want to take it to the one or two or you just want to let it run and see see what happens it's up to you man either way you're in a risk free trade beautiful trade i'm telling you i'm giving you free game like please thank me for this video like as much as i know people are going to be mad at me that have courses that's based off fibonacci i don't care so bro if you enjoyed this video please give me a like man like just give me a like that's all i'm asking for because i'm telling you like i know my sister gonna kill me for this i know she is because we went through so much to understand this and it's so simple and i'm just giving away for free but anyway um [Music] uh we're let's see another one let's see another one something that i would take like i'm showing you something that i would take [Music] all fibonacci um are not good okay like something like this like you lost why did you lose we have hella got like a triple top right here no it's because it wicked past it don't mean his market structure break man like like i said all of them is not good this is not good it's been moving up for a while you think a retracement now about to come come on you think it's gonna keep just going up no it's not gonna keep going up so you gotta be careful you can't first of all this is not a 100 win strategy okay let's let that be known right now but you have to be cautious of what has the market done for the last few hours oh it's been pushing up for a while you think it's going to keep pushing up that's unrealistic that's unrealistic [Music] okay let's try to find something i don't like so this is a very clean setup very clean very simple and you can make my money off this so boom that's one high that's too high okay price went past both of these levels okay now this is a very strong move up so as it moves up you point to point it's not it's not rocket science guys it's not rocket science point-to-point we broke this structure and this structure so we we push it up it comes all the way down touches the 70 you're literally in barely any drawdown and it blow passes the 38 and the 25 you close some position break even you let it run to whichever fib level you you want do you want to run to 25 to 10 or to zero and as you see once it went a little bit passes here it came back down and it did a lot of and then it ran back up again but this is all i got y'all this is all i got see where it passed the high pull your fib out enter off the 70 you know how to you know how to manage the trade stop loss at 100 or a little bit below but i like it at 100 because it's one to one so i don't really think about the win i think about what i when i can lose so i have my stop loss tight because i believe in fibs wholeheartedly and yeah and matter of fact i do have this fib i do have this field pulled wrong because that whip is up there so it's really right here but it still applies you still got damn you even got the best exit for the 100 but yeah man like market shut your break is breaking these highs pull back enter when the candle is um live don't wait till it close okay don't wait till it close because some days you're going to have candles where it will wake to the 38 and the same candle it go right back up and you and once it close it don't come back it just keep going so don't miss out i know it's kind of scary that you this like okay first of all i got these candles gray and white for my psychology so i can let let these um let these um these candles um not affect my judgment and just trade what i see so i kind of like that just it just makes me just a little bit more disciplined and more patient and my anxiety don't be all over the place so yeah you see this big red candle i know your account is probably red and blue you big red kennel come down you just like man i'm getting in right now like oh my god this is uncomfortable listen to me when you enter a trade and you feel safe about it those are trades that you have a high chance of losing i'm so serious man i know it's backwards i know it's backwards but hear me out when you enter trades that make you uncomfortable those are the ones that mostly win and i know that sound crazy but it's just it's just how the market is people take safe trades when um when you like oh yeah this is definitely going down and then the market you over and this is a perfect example right here i'm glad this is an example so right here we got a engulfing bearish candle right here these two cameras right here in golf engulfing bearish counts these two this is the this is the bull candle this is the bear candle you entered when it closed right look what the market did it wicked up stopped you out because you know people have their stop-loss right here wicked stopped you up and then went down that's what the market always do they know that people trade engulfing candles it's a common pattern but you missing so many hips when you enter off the close of the camera your plan is safe bro enter when the candle is open when the timer is on enter bro you go you gonna thank me later that's all i got y'all that's all i got i'm spilling a lot of beans man i spend a lot of beans bro i know my sister watches videos she's gonna be like but you really just get where i tried you free i did so i'm sorry but i'm for the people and i'm not selfish like these other people so back test this stuff back test it at these two indicators fit points moving averages oh my bad the move averages uh move averages the green is the 200 ema the little pink like i don't know like the maroon pink um ema is the 50 sma and the blue is the 14 ema okay so i hope i helped y'all man go go kill it bro go kill it go back test this and when you become a successful trader you come back to this video and you thank me i'm not even playing you come thank me because people is not giving this away for free like i i don't even want to name nobody course that's based off this but most of them you um instagram gurus are paying you for this and i gave it away to you for free that's all i got thank you for watching the video all the way through take notes take it very serious and i'll see you on the other side man when we uh quit our job together so that's all i got peace

Channel: Doyle Exchange

Views: 167,605

Rating: 4.9660392 out of 5

Keywords: forex, day trader, forex iml, im mastery, delorean, jay wayne, fibonacci, fibs, fibsdontlie

Id: _opTZIbmuTQ

Length: 26min 17sec (1577 seconds)

Published: Tue Oct 06 2020