Razvan breaks down his 1-minute strategy for Nasdaq and gold

0:00I do trade the one-minute, but I'm trying to get the entire move of the day. All trading really is about, at least my trading is, waiting for price to reach, assess that reaction, do we have enough risk-reward ratio for me to be involved? It's as simple as that. Most traders overcomplicate their strategy. Razvan did the opposite, and it led to a six-figure payout. When you spend so many hours on the charts, that's when you understand certain patterns that repeat.

0:23If you stack up so many confluences pointing to one direction, you'd be foolish not to try to take advantage and capitalize on it. To to break even and a 4R right after. That's why discretionary trading will always beat mechanical entries, mechanical strategies. We're going to walk you through the exact framework behind a $158,000 payout. You're going to see the key levels that he maps every day.

0:47You're going to understand how he reads price action and how he squeezes the maximum out of every winning trade. It's at key levels that the price has to show its hand. What I like to target is the session highs and lows. Once I reach my target, I like to go back onto the one-minute and trail my stop loss, trying to squeeze as much as possible from that move. All this move right here gets instantly denied. At this point, sellers are clearly in control.

1:13I would wait for the next candle. This would be my entry. Razvan takes us onto the charts and shares real winning and losing trades to break down his strategy entirely. If you've ever wondered how professional traders actually think whilst they're on the charts, this is an episode you won't want to miss. I don't believe in partials. I believe they just damage your overall P&L.

1:32Since this is an aggressive entry, my risk management has to be aggressive as well. So, we tap into the one-hour order block, we take out previous day high, then what do we do? We inverted a five-minute fair value gap. Let's get into it. Um I'm going to hand over the reins to you today.

1:49I always like to say when we do these types of shoots, uh treat me as basically a new trader, a beginner. Um and I want you to basically teach me exactly what you're looking for on the charts. Uh, so tell me, where's the best place to start with this? Is there a specific routine that you start your day with, or is it just wake up and kind of straight onto the charts when uh, New York opens?

2:10So, there's no specific routine, really. I just try to get on the charts, um, at least 1 hour uh, before the New York session opens. Okay. That gives me some time to to analyze what has happened uh, during the Asian and the and the London the London session. That that gives me the context for the day. Okay. Um, so yeah, there's no particular uh, routine. There's no uh, uh, meditation involved.

2:39It's just uh, me and the charts, really. Cool. And so, from what I understand from our conversation so far, you are a scalper. You're trading a a 1-minute chart primarily. Um, I do trade the 1-minute, but I'm trying to to get uh, the entire move of the day. That's uh, uh, that's the idea. I don't necessarily consider it scalping. Okay. If uh, you know, if a trade um, since I trade CFDs, you know, I can hold trades overnight, so if a trade uh, continues to go in my direction onto further targets, even after market close, I'll I'll keep it open, most likely.

3:14Nice. Sounds good. Okay, so how does this begin for you then? Let's maybe start with that 1-hour pre-New York open, and you said you're looking at the London and Asian market to give you the context for the day. Yes. Uh, talk us through that context, and if possible, if you can draw something out to give us a visual of what that looks like to help maybe formulate a bias. Okay. So, I've um, tried to simplify my um, my strategy as much as possible. So, all I do right now is uh, all trading, really, is about that.

3:41At least my trading is waiting for price to reach a certain key level, Okay. assess that reaction to the key level. Do we displace through it? Do we give early signs of reversal? Do we consolidate? Uh and then after I read that reaction, um I look at do we have enough risk to reward ratio for me to be involved? It's as simple as that. Okay. So, the the key levels that I generally look at, uh so I'll be looking at um previous monthly high and low, Okay.

4:16previous week, there's a few uh key levels, previous week high and low, um previous day high and low, and then the session [snorts] That's an N. high and lows. Okay. Um I recently started incorporating the volume profile um into my trading. Uh so, another two key levels I'll be looking at is value area high Mhm. and the value area low. Okay, so um I'll show you, let's say a a simple example. Let's say this is previous day high. This would be the Asia session.

5:11This would be the London session. So, as you can see price taps into previous day high. Mhm. Now, at this point, I just stop and assess what reaction uh do we have at that previous day high? Do we displace through it? So, that means do we form inefficiencies, so fair value gaps through it? Uh do we invert those fair value gaps, or do we just start to consolidate? Do we give early signs of reversal? Um So, some of my favorite trades are waiting for price to reach areas where multiple key levels overlap.

5:57Okay. So, let's say if this was the range that I'm looking at, um I'll I'll I'll think of this as value area high. Ooh, I can't really reach that. And then, let's say we've got the POC here and the value area low. So, if price taps into PDH and around value area high, it shows signs of reversals, those are my favorite trades. Price is most likely going to form a a fair value gap through one of the key levels or both.

6:46And my favorite trades are are reversals. That's because it gives me more more clear targets. Okay. Uh and typically a bigger uh risk-to-reward ratio. Mhm. So, at this point, what I'm waiting for is we could have, you know, further consolidation. And at some point, we we might invert this fair value gap. So, it might not be very clear. If this is the gap and we invert all that, all I'm waiting for right now is a retest of this inversion.

7:21And then, it could be an engulfing candle, as simple as that. As soon as we engulf this retracement, I will enter with stops either here or above the high, depending on on my risk to reward ratio. Okay. And this is where the reversal happens, and these are my favorite kind of trades. Interesting. So, let me summarize what I've taken away from this so far. You're basically looking for these specific key levels, so previous month, week, day, session, and then value area high and low.

7:59Yeah. You're plotting those on your chart. And ideally, you're looking for overlaps in some of these key levels. Yes, ideally. And then you're going on and having a and basically observing how price reacts to these areas, looking for either continuations or reversals. Yes. Continuations are much much harder because normally you will not um normally you don't get the same uh risk to reward ratio, and stop loss placement is typically harder. Okay. Uh so, do you find that most of your trades are typically reversals, and you maybe pass on continuation trades?

8:38Yes, I do prefer reversals much uh much more. Got you.

8:44And what sort of time frame is this all happening on that you're observing it? This is the 1-minute chart, or is this higher or I have multiple time frames that I'm looking at. Of course, I do I do my top-down analysis. I, you know, in the beginning of the week I um I try to form scenarios of where the weekly candle might form. Uh I don't really look at the monthly candle.

9:05I think that's a bit too As day traders, you know, it uh it uh it's a bit too much of too much data, and it's not always necessary. Uh so uh yeah, I look uh mainly at uh at the 1-minute My execution is on the 1-minute, but I look at all time frames. Okay. I look at the five, the 15, the the 30, the the 1-hour, the uh the 6-hour even, because my sessions uh I divide my day into four sessions, Okay.

9:32hours each. Okay. So, one 6-hour candle would be one um one session. Okay. So, and when you say you're looking for a rejection, does this depend on like a specific time frame needing to reject? Like for example, seeing a 1-minute rejection from one of these areas versus a 1-hour candle rejection. Like which are you going to put more emphasis on? If you already know you can trade, why are you still spending weeks proving it to prop firms? With their growth evaluation can be passed in as little as one trading day.

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10:33So, look, if you already know you can trade, how much longer do you really need to spend proving it? Hit the link below, choose the Trade The Five account that fits the way you trade, and use code PFT for 40%off. Well, clearly the the 1-hour it holds a lot more weight. There's a lot more price action into it. But uh those lower time frames will typically give you the the higher risk-to-reward ratio. Right. Uh, so, uh, I do keep in mind the what the 1-hour is doing, what the 15 minutes in do is doing, but, uh, typically, like in this example, uh, for instance, I'll be looking at perhaps a 5-minute inversion and then a retest and engulfing on the 1-minute.

11:16See if that makes sense. Got you. And um when you're watching these specific zones for a reaction, is it a case of you're starting off on the 1-minute chart and if you don't see anything clean, then maybe you'll go up to a 5-minute chart and then watch the hourly reaction. Is that how it works or Uh so, since I primarily trade the the Nasdaq at New York open, there's a lot of volume. Okay. So, uh a 5-minute inversion for me for me is great.

11:44A 1-minute, you know, it it can happen if you if you have so many confluences telling you telling you the same thing all pointing into one direction. Uh it might be worth putting some risk on the table, perhaps not going uh full risk. Mhm. You can, you know, put half of your risk and maybe aim for a for a more defined, more clear target Okay. rather than, you know, letting trades run. Yeah. Uh but those are lower probabilities, as we all know. So, a 5-minute inversion at New York open, uh that's great for me.

12:16Okay. Um could you possibly

12:24map out exactly what all these things look like? So, you've mentioned fair value gaps. Yeah. You mentioned inversions. And there were there was one other, I think, that you said. Uh so, I do look at order blocks as well. Um I look at the only the higher time frame order blocks and uh really clear um areas of uh supply and demand. Okay. Uh which is what order blocks are. Yeah, yeah.

12:48So, could could would it be possible to maybe map out what those are for somebody that didn't understand what a a fair value gap is or an order block? Yep, sure. So, the way I look at um at uh at an order block, for instance, uh an order block just tells me that uh there's a lot of participation in the market. There's a lot of directional move. Let's say that's where that's where the move starts.

13:11Mhm. Um a fair value gap, I just look at it as, of course, an area of inish of inefficiency, uh but it's more about the the displacement that it tells me. And by displacement, you mean how it moves through or like the speed or aggressiveness? Yes, so the aggressiveness of a move away from a level. Okay. And again, is that on a particular timeframe or It it varies.

13:35It depends on what the plan of the day is. It depends at what key level we are. Uh I would say that of course previous week high holds more weight than uh than a session high. Okay. Um so uh so it really depends. Okay, got you. And um you mentioned so then when once you've got the reaction, you're then waiting for uh kind of some sort of retracement to take your entry. Is that right? Yes. Yes, and I um I determine this uh this the the response that the market gives me with certain footprints, let's say you.

14:07So uh like I was saying, uh an inverted fair value since we're talking about reversals, an inverted fair value gap. Um perhaps a a breaker block. Uh uh which is uh an inversion of a over of an order block uh in simple words. Um and what I've recently started doing as well is incorporating the the CBD. Uh What what is the CBD? It stands for cumulative volume delta and um it just tells me the the strength behind a move.

14:42It tells me if a move uh is actually sustained by either buyers or sellers. And I only use this at key levels. Okay. Because it's it's at key levels that the price kind kind of has to show its hand. Mm. Mm. Got you. Um so could we maybe map out like for example, let's say the inversion uh fair value gap entry, I think you said it was? Yeah. What what would that look like in terms of candlesticks?

15:07Like if you had to to print that out? So if we want to kind of zoom in let's say into what happened over here. Mhm. Uh this was previous day high or really any important key level. As price um drives into this key level, how is it doing it? Say we've got a first candle that we've got a big a bigger displacement candle. And another one here. So, right now we have formed a fair value gap through a key level. Okay. So, this shows me that price at this particular point in time is bullish.

15:54There's no signs of of a reversal. It just tells me that the price may continue. If we get this kind of candle Mhm. at a key level inverting a 5-minute fair value gap. So, all this move right here gets instantly denied in my eyes. Okay. So, at this point um sellers are clearly in con-in control. Yeah. So, what I'm trying to assess I I I try not to enter immediately at the at the fair value gap.

16:37Mhm. At the at the inversion of the fair fair value gap. I try to see if we can close below this level as well. Okay. If we haven't in this example, I would wait for the next candle. Okay. If the next candle kind of you know, does this and it closes below, Mhm. this would be my entry. And so, you would take that as a market order? Market al-al-always market execution. Okay. Got you.

17:09I like to to to do that and uh be on the charts all the time. Okay. Got you.

17:16And then in this specific scenario, where would your stop loss be placed? In this specific scenario, if if this is the 5 minutes, it'll be just at the body candle. Oh. Okay. Of the one behind the inverted fair value gap. Yes. Okay. Of the Of the Of the the body candle of the candle that um inverted all this up move. Okay. If you could plot out like um specific areas on the chart where you would look to exit, for example.

17:40Okay, yeah, we can. All right, so if we were to to start again and uh look at the the risk management of the trade. Mhm. Right, so if if that's the entry, um this this would be the target. Most likely on this on this up move, Mhm. we've got we've got some sort of range. Okay. Some sort of lows that have not been uh taken yet. Okay. So, if this is the range, this is our key level.

18:19And this is our entry here, we most likely have, you know, an an order block here. We have perhaps some some higher time frame fair value gaps. Okay. Over here that price may tap into, so we can we could target those. Uh but what I what I like to target is the session highs and lows. So, let's say if this is the the low formed during London, so London lows, this would be my most logical and immediate target. Okay. Okay, so my full TP will most probably be here.

19:01Um what I like to do once once we once I reach my target, Mhm. I like to go back onto the 1 minute and trail uh my stop loss on top of the most recent 1 minute candle. Okay. Trying to squeeze as much as possible from that move. Got you. So, in this example, this would be the entry point here.

19:24Kind of what we're seeing here. Yes, that's correct. you're targeting the London lows in in this case example here. case, yeah. Yeah. Right. So, over here. And then once it gets to these London lows, you're moving your stop loss down to the last 1 minute candle. That's correct. to see how much you can get out of it. Yes, that's correct. Sometimes, you know, you might you might get wicked out above your target. And that's fine. But over the long term, I found that um you will end up squee-squeezing more from that move uh if you if you have this approach.

19:57And if it was to continue on lower, are you then trailing it just behind every 1 minute candle? Yes, that's correct. Okay. And sometimes, you know, on those big expansive days, Mhm. you can really make up for the P&L of the entire week. Mhm. Just this simple risk management rule. Nice. Yeah. Okay. I like that. And how much are you like risking on these trades in terms of using a percentage of your account balance or how does that work?

20:21Uh so, typically, uh it's 0.5%per trade. Okay. Uh something like this, however, uh especially when we've got key levels that are close to each other, Mhm. I would consider higher probability. Okay. so, I I would not be afraid of uh of risking 1%. Okay. So, there's I remember you described on the podcast that there is an element of discretion to your approach.

20:51And that also applies with the risk management in terms of how confident you feel in the setup. Absolutely, yeah. You know, when when you spend so so many hours on the charts, you you start to understand certain patterns that repeat. Uh And if you stack up so many confluences pointing to one direction, I think it'd be foolish not to try to take advantage and capitalize on it. Fair enough. Fair enough. Um okay, perfect. I think that has covered the bulk of what we wanted to know.

21:23So, we've obviously got the key levels. We've understood the context of how price is potentially going to react to these levels. We've covered the entry, um the stop loss placement, and the potential targets, how you'll manage those along the way, and how much risk is behind every trade. Does that sound like a complete picture of what you're looking for? Yes, that's uh that's that's a big picture, yeah. Yeah. Okay, perfect. Um it would be great, I think, to jump on to some actual charts and basically see this theory in action.

21:52Because I think from what we discussed, this is basically a very similar structural approach to how you placed the trade in, was it gold, that made you the the record payout? Yes. Okay. Yeah, perfect. That would be great. So, let's let's jump on to some charts. We'll have a look. All right, awesome. I can take a crypto trade at 2:00 a.m. on a Sunday, and my prop firm doesn't even care. Bitcoin doesn't close at 5:00 p.m.

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23:15so we are back on the charts. We're starting off where we are 5-minute chart on Nasdaq. Um talk me through this. This was looks like a profitable example. Yes. Okay, you take me through this step by step. Right, so um in this case I was looking at price to reach previous day high, which is this high right here. Mhm. Once we reach that level, how does price respond to it? Another thing to be to be aware of was the fact that we had a 1-hour order block in here.

23:44Okay. So clearly outlined over here. And we also had value area high right above. Price doesn't necessarily have to tap into value area high in order to give me to give me an entry. Of course it's more confirmation, but that's where that's where that discretion comes in. Mhm. Um So the immediate reaction we tap into the 1-hour order block. We take out previous day high. Then what do we do? We invert it a 5-minute fair value gap. Like I said on the previous entry uh on the on the whiteboard.

24:30My entry was not at the inversion. And it's also due to the fact that this inversion is not is not the cleanest. It doesn't uh really expand through through the level as I would like it to. Okay. Uh so I'd be waiting for for the next candle. If the next candle does what this particular candle did and all this, bear in mind it's happening during the New York AM session.

24:59So, as soon as we open the market, you know, uh 15 minutes in, 15 minutes in, we tap into previous day high and the 1-hour order block, we immediately start showing bearish footprints. Mhm. Um so, right now it's just a matter of looking at the entry. The entry, like I was like I was saying earlier, would be a confirmation of of the inversion. So, it would be the next candle. Another thing that I liked was the way price was moving into this high time frame level.

25:34Okay. So, there's no there's no clear displacement all throughout this area, right? There's no There's some fair value gaps in there, of course, uh but that uh [clears throat] this is happening First of all, this is happening during during the London session. Mhm. Um and during the pre-market, so I wouldn't really I wouldn't really have entered, and especially since I have already formulated an idea and predetermined some some key levels, Mhm. I would I would not be looking at you know, at at at this 5-minute inversion, for example.

26:13Okay. I was waiting for price to tap into previous day high, at least. Okay. Ideally into the 1-hour order block as well. Yeah. So, as soon as we have our entry, what do we target? The most logical target in this case was Asia low. Yeah. Let me just tie that so it's very clear. At Asia low, around Asia low, I started um trailing my stop loss on at on the top of every bearish 1-minute candle. Mhm. And to be clear, this particular trade I would have I would have held it a bit longer, but it just so happened that that at Asia low I reached my target for the day.

27:03Nice. Uh so I didn't feel there's any need to to have uh exposure to the markets at the time. And what what is your target for the day? Is it like a monetary or how how does that work? Uh so in this particular trade I got I got funded. Ah, okay. So it was a it was a futures account that I was that I was looking to get some funding on. And this one hit my target.

27:29Nice. Okay. Sounds good. Yeah, that looks like a really like-for-like example of what basically what we saw on the whiteboard, which is good. Really nice and clean and simple. Perfect. Um I think you mentioned you had a couple of other examples to take us through,

27:43right? Got another one on Nasdaq. So I think this is it. I think for this one we might have to go up a time frame. All right. So we're looking at uh the the new week opening gap strategy. So for for those that don't know, um the new week opening gap is acts as a as a strong magnet for price. Okay. Uh so what price tends to do is go into these levels and then that's where once again you start assessing the reaction to that key level.

28:15Mhm. So I was treating this as a key level for the week. Okay. Uh this particular trade I I really had high conviction on it. Um so it took me it took me more entries before it actually reached my target. Okay. So this is this is that point this is these are those kind of entries where I don't necessarily wait for everything to align. I just wait for market to to reach that level and then give me some sort of bullish reaction, some sort of bullish footprints.

28:54In this instance, I think we might have to go on the on the 1-minute. It'll be more clear. And once again, you you do this with with some context in mind. For this particular week, I was I was bullish. There were some I believe it was this level that I wanted previous week highs. You have got the alarm over there. It was that level that I was waiting I was waiting to be hit. So, as soon as we hit this area and we know that this is the new week opening up, which acts as a as a strong magnet for the price.

29:32What's the initial reaction? We clearly have a reaction over here on this big candle. Yeah. Then another one. The I So, I've entered I've entered around here with stop loss at the low. I usually my stop loss is usually at a bit smaller, especially when trading trading the Nasdaq. And I want it to be a bit since this is an aggressive entry. Mhm. My risk management has to be aggressive as well. So, I try to to go break even.

30:06That's another thing about my trading. I try to go break even as soon as possible and try to protect capital as quickly as I can, as quickly as the market allows me to. Mhm. So, as soon as we tapped into this level and this order block really, I went break even. In this case, price wasn't ready to move up yet. Mhm. So, I just waited. Almost immediately after a couple of minutes after, it gives me this candle. So, there's new structure to look at.

30:37As soon as we um we formed some some more bullish uh movements. Mhm. And we have basically invalidated this little order block right here. Mhm. This is where I enter again because once again the entry the the idea is still is still valid. Okay. So, in this particular case I immediately had to, you know, to go through some uh some deep drawdown. Luckily, it went up and it gave me the chance to go break even once again at this structure at this high. But then once again it took me out at break even.

31:21Mhm. I was aiming for a higher R in this in this

31:29case. So, I So, can can I just clarify? If you scroll back a little bit there, so where you went to break even after it tapped that high, would that normally be an exit point like a take profit? No, so I I don't take partials. I don't believe in partials. I believe they just damage your overall P&L.

31:47But would that not be like a potential target of a I don't know if it's like a session high or low or anything like that? Yeah, well, you you could be you you know, obviously you could be taking targets here if you're happy with one or 1.2 R or whatever that is. I was I was bullish for the week. So, I was targeting much much higher and and I'm happy with you know, accepting two break evens.

32:09Break evens are fine. I I love break even trades. I I don't lose any money. Um and like I was saying I was bullish for the week. So, I gave the price more time. I wanted it to allow to to develop. So, my [clears throat] my next trend my next entry happened right here. Mhm. And because the price, you know, didn't necessarily scream bullish yet in in all this move.

32:35Now, have to bear in mind that's like uh uh uh 1 or 2 hours of price price action. So, it's in the bigger picture, it's not that much, especially since it's at uh in the New York PM session. So, it's uh later on during the New York session. Got you. I was waiting for a little more. I was waiting for uh I believe this was an entry on the on the 5-minute. But then again, when I trade, I I go through all time frames.

33:02I I constantly move between the one, the two, the three, the four, and the five. Okay. With you know, obviously the higher the higher you go on the time frame, the the more weight the more weight it holds. Right. Um So, we can see that we had a little consolidation right here. And as soon as we closed above this high, right here. I look at body candles more than the wicks. Mhm. Um as soon as we closed above that high, that was that was my that was my entry.

33:35Nice. I um at the time, I did promise that would be my the last entry cuz I really wanted to give this uh this trade a chance. Mhm. Uh I wanted to capitalize on the whole move for the week. Yeah. Um Luckily, it went uh it went in my favor. It didn't uh reach exactly what I wanted, but uh my uh my stop loss my trailing stop loss got hit at the round um like uh 4R on that particular trade.

34:06Nice. So, this just goes to say that you know, trading is not uh is not an exact science. Mhm. So, More of an art. Yeah. That This is where That's why discretionary trading is I think will always beat mechanical entries, mechanical strategies. Mhm. Uh so, yeah. Took uh two break evens and a 4R right right after. This Do you find the moments like this are also a little bit of a test of your psychology as well?

34:38Cuz there are some people that may experience the break even trade and be frustrated. Mhm. Um but you've obviously had to do that reset midway through the session to be able to focus on, okay, there might be another potential opportunity that I need to take advantage of and you need to be kind of clear-headed to take advantage of that. Well, yes. To be clear, this this could have gone either way. Right. This could have just turned out to be to be, you know, a bearish move and perhaps we were targeting, you know, the pre-previous week low.

35:13Mhm. But then again, once I build once I build an idea, I try to I I do try to be to be flexible, but you see entries like this, especially with the new week opening up, you don't always get a new week opening up. You Or at least not so new week opening up of this size. Okay. So, what happens when you get this kind of big opening ups, price does retrace into it. Mhm. It sometimes retraces pretty deeply into it. Like in this in this case.

35:51And even though, you know, we closed below it, this is the 5-minute and if you if I switch to the 1-hour, this is just a wick. Yeah. Yeah. Then again, I I think at the time I uh I did look at the at the closure Mhm. on that hour cuz I entered right as as the opening of the next candle. And, you know, the price didn't displace and many times failure of displacement tells you as much as displacement itself. Mhm. Uh so, if the pri-if the price fails to go through a level, what is it most likely to do?

36:22Either consolidate or go in the opposite direction. Mhm. Mhm. Nice. Yep. Yeah, it's a great example. So, I have also an um

36:38an immediate loss. Okay. Uh in These are always good to see. I think it's always good to keep people's uh perspective on the fact that it's always a game of probability, right? Of course, this also you know, goes to say that the the strategy No strategy is ever perfect. Of course. So, this was a trade on gold. Mhm. Um I was looking for this uh higher time frame level for a long time.

37:03Okay. I was looking for this particular hit to be for the for this particular week to be hit for a long time. Okay. Uh and I um I got pretty excited once we did. Mhm. Yeah. I've uh tried to to find an entry and I I do tend to you know, enter gold on the higher time frames, but um when I say higher time frames, I say 15 minutes at least. That that would be probably my my lowest time frame on gold.

37:31Okay. And sessions don't matter for me as much on gold Okay. uh as it moves it it can move substantially in in any session really. So, we hit a really big level, current year low. That is sorry, the current year low? Current year low. Yes. Yeah. And you know, it when you look at it on the higher time frame like I did earlier, that that's that's a very logical target for me. So, sellers in my head Mhm. wanted to reach that level and that level I would see it as their target.

38:05Mhm. Okay. So, once again, as soon as we reach this level how do we react to it? Mhm. We have an initial reaction. And in this case, I would I would consider this even though I'm trying to to get an entry on the lower time frame. So kind of trying to to snipe the perfect entry. Right. I'll be I'll be giving it some time. So the reason I didn't enter on this particular candle Right. is because I I kind of anticipated a a little consolidation.

38:40It's hard and it's very rare to get those V-shaped reactions. Mhm. Uh and if you do you're you're going you're probably going to miss out in most cases on the on the trade unless you're being very aggressive. Right. Um I liked this one. I liked this reaction a lot more. Mhm. Fair value gap, fair value gap. Of course, we closed above this little consolidation that we have formed. Yeah. Not necessarily this. Uh I'm talking about the All the highs to the left.

39:14consolidation. Okay. So all this. So we closed above all that. Uh at this point I was I was very excited. So I went I went a full R in since this, you know, this is a level that I was waiting for for a long time. Okay. And price just instantly proved me wrong. It It gave me no chance at all. It I probably went into profit like $3. Yeah. Then it immediately went into my to my stop loss.

39:43And that's just, you know, that just goes to say that we as retail traders we can't have the the the bigger picture. Mhm. It's very hard to to snipe those entries. And if we do get those perfect entries sometimes, you know, it has to do a lot with with Of course there's some elements from our analysis. Mhm. But uh luck is also a big part whether we like it or not.

40:14I know we like you we like to say that we you know we've done these strategies and uh this is why I entered this is why I exited. This is why I didn't enter right here, but I do believe there has to be a lot to do with with luck even though we we don't like to admit it sometime. Yeah, fair. I I wouldn't disagree with that at all. I think as long as you have positioned yourself right and you're managing risk in those moments where luck is on your side, why not use it?

40:37Unfortunately, the price did eventually start to go higher. It took a little bit more time to play out. It took a little more time, yeah, and that happens. That happens sometimes. Uh I don't think there's anybody out there that has a 100%win rate. Of course. Of course. Um So, yeah, this was an an unlikely scen- scenario. Perfect. Uh but these do happen. Yeah, of course. Of course. Awesome, man. I think that's a a really good

41:10visual demonstration like to actually see the the theory in action. And getting to see it over, you know, a nice clean winning trade. Um one that was slightly imperfect, took a few attempts, and then one that basically just did not work out at all. Yeah, it's it's I think it's the perfect reflection of what people should be expecting when they're trading. So, that's awesome, man. That's the reality of trading. 100%. Um was there anything else that you wanted to cover or was that?

41:36Uh no, I don't believe so. I'm going to see if I have any more. Um Razvan, that was that was a great breakdown. I appreciate the insights both in theory and of course the the real trade examples of ones that you've taken. Really, really clean demonstration and I think that the viewers at home will appreciate the insights behind what goes into a six-figure strategy. Appreciate it, man.

41:58Appreciate it, man. Thank you. Thank you. Guys and girls, that is a wrap on another episode. Let us know in the comments below what was your biggest takeaway. We've just had a six-figure strategy mapped out entirely in in of you guys for you guys to be able to learn, to take away, to refine and improve your edge in the market. Let us know in the comments what you thought about the episode. We'll be reading every single one. And as always, if you enjoyed this, make sure you hit the like button, subscribe to the channel for more episodes just like this, and we will see you in the next one.

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