Yeah this guy is more consistent from this video. Looks like he only trades break and retest so hes a lot more focused. His wording is a little off. He uses the word structure to explain where there is no trade. But consolidation is structure. What he means is theres no trend. Atleast he explained to look for a trend first.
Few things. Theres a point where he says theres no trade when price couldve retested and gone long he puts a cross through it. But how did he know there was no trade? Further on, he mentions the hour timeframe might have got him into a trade on a downtrend. But on that, the hour might have got him into that earlier trade where he put a cross through. What he shouldve said was the hour might’ve showed wicks and you wouldve been stopped out. This is where a lot of these ‘educators’ drop the ball and either they dont really trade or are trying to impress with hindsight. When you watch lots of these videos you see its all the same material but some people use different words or tricks to differentiate themselves. Also, he only analysed to nov 2019 but he posted the video june 2020. That doesnt make sense so doesnt sit right with me. Unfortunately he doesnt teach the strategy on his monthly subscription. Lol, i’m sure it’s nothing new so he knows once we’ve seen it no one would re subscribe again. You’ve done the backtesting so if you made a video you could easily explain away the losses and make the winners look good.
His video is better than rockzfx. You learn more from him but you would need to watch more to work out what his strategy is because he only went through the 4hr chart. Generally, itll either be 1hr zone rejections, looking for lower lows, reversal patterns etc.
Nah I didn’t use break retest, it sets up slowly and needs a trending market. I dont really have the patience. The rules and mt4 take a bit of time getting used to. So when I work them out I’ll give it another shot.