I Only Took 2 Trades Last Night. They Made Me $48,949 (3 Minutes of Work) transcript

Last night, I looked at my chart for exactly three minutes. I checked one box and my entry and I set it aside. Two hours later, $48,949 was sitting in my account. I just needed one strategy, the snapback entry. I'm Trader Kim. I have been trading fulltime for 14 years, but my first few years looked exactly like yours. I watched the charts wrong. I turned one more indicators I stayed up until dawn and the harder I worked the sooner my account got.

Doesn't this sound like you right now? The market does not pay people for working hard. The market pays people who wait at the right spot. Anyone can call the move on an old chart. You are right. So today we will do it differently. I will trade live right now with my real account real money proper or stamos UC or no addits. Let's get it started. First the time frame the snapback entry use the 1 hour chart and here is the your entire day.

You draw one box in the morning. Then you check whether price touches it. That's it. You don't need any other indicators. Candles are all you need. Now, give me just 3 minutes if you understand this one box. And 80% of today's video is a done deal. First, we draw something. We record the opening box. Here's what it is. Every day the Asian session opens. It is the first market to open each trading day. On the 1 hour chart, you take the first hour candle and draw box around it.

Height to row weeks included. And that is the entire drawing process. One candle, one box, two seconds. Right? This box starts the day. So we call it the opening box. A complete beginner could do this. Even a 5 years old could do this. One box a day. That is our entire standard. Drawing this box is easy enough. But I built an indicator that draws it for you automatically. Straight cam opening box and it is free. Search straight cam opening box on trading view.

It marks the Asian opening box every single day. It also added thin line that marks where each daily candle begins. If you want it, just search for it on trading view and add it. The box is drawn. One question is wrapped. Why of all times this one hour the first hour of the day is when that day's buyers and sellers fight for the very first time. And there is one more reason this hour is special. The ancient open comes 14 and a half hour before US market open.

At this hour nothing about the day direction is decided yet. So the traders placing orders here are not just wandering in. They are bearing on the direction of the entire day. And that first fight gets summarized into one box. The top is where the sellers blocked price. The bottom is where the buyers defended it. This box is the boundary line the market drew for itself. That is why this box works as a strong support and resistance all day long.

The standard is simple. Price of the box, the buyers have the edge today. The price below the box, the sellers have the edge. And when price breaks out of the box, you finally have a reason to trade in that direction. Whatever you trade, the most important thing for a day trader is that day's daily candle. And the most important part of the daily candle is the first hour. Now here's the pattern that repeats every single day.

The moment the price breaks the box, the day direction is decided. On some day price breaks out and just take off and another day it breaks out, then comes back to the box. It tested the box one more time and then it runes in the rear direction. Do you see what these days have in common? The direction is already decide at this box. This is where the dominant side make its appearance. If the day it decide upward, price goes up downwards, it goes down all day long.

This box works as the baseline. Where would you enter? Pause the video and think for a second. Of course on ranging days price does not reve on the first try. It can takes a second a third even a first attempt. So every move at this bar deserves your full attention. And no I'm not cherry picking the charts that work. This is the exact chart I trade every day exactly as it is right now. It moves like this all the time.

So our job comes down to one thing. The box decides the days direction we get on and write it. Decided upward we buy decided downward we sell. We take the whole day's move. Now let us guess speak. What confirms our entry? You only need to watch two candles. The first one is the candle that breaks out of the opening box. We recur the break candle. Look, this one breaks above the box. So, it is a break candle. This one breaks below also a break candle.

But as we saw earlier, some days price breaks out and never looks back. So, entering right at the breakout is also valid. Honestly, I have traded this setup for almost 14 years. So, these days, I catch almost all of them right at the breakout. In exchange, I accept the star losses that come with it. But for a beginner, the first job is different. You build confidence in your win by renting accurate trades one at a time.

So in this video, we do not chase the breakout. We wait for the price to come back. The break candle appears, then price comes back to the box. It touches the box, turns around and heads back out in the original direction and it must close outside the box. This is the snapback candle and this is our entry candle. Here is what this candle is telling you. The moment price returns to the box, nobody knows anything yet. The other side could keep pushing and break right through the box.

And this moment, are you a buyer or a seller? Nobody knows yet. So we wait. But the other side fails to the push through and price turns back to the original direction. Then you win. The direction is confirmed. If the direction break above touches the box, rips upward again buy. Break below touch the box ri downward again sell. The second breakout the one after return is the real breakout. Why the name snapback? Think of a rubber band.

It stretches, snaps back to each spot and that tension runes it forward. Price taps the box and snaps away and that is the exact moment we get on. The opening box gives the first confirmation of the direction. The snapback confirms it one more time. So this is a confirmation trade. the win rate is higher. In exchange, you trade a really less often. If you have followed this far, you might have already seen it. This is why your trading maybe never worked.

Maybe you never had a spot or a standard, so you just entered anywhere. You entered anywhere, so you got shaken out anywhere. Now, let me show you that spot candle by candle. In a few minutes, I trade this strategy with real money on the rhyme. But before that, your eyes need to see this entry, too. So, let us replay our chart from a few days ago. Candle by candle. Everything you run today happens inside this one box.

Watch. First, on the 1 hour chart, you draw the opening box around the first hour candle of the Asian session. You must wait for the candle to close before you draw it. And on the very next candle, price breaks above the box. That is the break candle. It broke upward. So, shouldn't we buy right away? We could, but some days the first breakout is fake. So, we watch for the snapback candle. Keep watching. Price that broke out.

Now it gets pushed back down. It comes down and sits on the box. Look at this. Price move sideways above the box for hours and us we wait. We only check whether it reaches the box. Here is the important part. The sellers cannot push it price below the box. They press down but it will not break. Then price steps on the box and turns back up. This is the snapback candle. And that is the entry. It broke upward. It got pressed but the box never broke and it closed back on the top.

We enter with a buy. The entry is in. Now the stammers. The box goes two box highs below the top of the box. This box is about 200 points. So we measure 400 points down from the top. The price does stop here. Why not right below the box? Right below the box, the risk is tiny. So you could push your risk to reward the ratio to an extreme. But this keeps happening on the chart. Price gets pushed below the box then comes right back up and continues.

This box is the unit of volatility. The Asian session showed you the box height is the market stride for the day. If price walks two full step outside, that is not a wobble. The direction is wrong. The market shakes you by exactly these multiples before it goes. And if a candle close beyond your time reel, that is not a pullback anymore. The setup is broken at that point. Taking the strums is the right move. The stop is set.

Now the hardest question is raft. The entry is in. The stop is set. Now the target beginners struggle with the exit more than anything else. They enter where but still work away with a few dollars. This is exactly why. But there is one simple method that multiplies a beginner's target explosively. You take the entire daily trend. You hold on until the next morning until a new box is born. The big money comes from riding the daily trend all the way to the end.

And once you get comfortable, there is another method. You measure the heights of the previous range. Send your target at the distance and take profit there. In a few minutes, I will show you this one live with real money. And you once price moves in your favor, you raise your stop to break even. From this moment, this trade cannot lose. You put on your seat belt. Let's keep playing. Look at it. It goes, it goes all night and your job during all of this.

Nothing. Your stop is at break even. Starting at the chart does not make the candle move faster. It's not an effort you should make. You are probably watching because of anxiety. Why other traders stare at 1 minute candles all night? You sleep, enter, set a stop and forget it. And the next morning, 816 points above 13 hours, 12 candles. You take the entire move. All I did was draw one box in the morning, enter on the snapback, and slip.

Now that 816 points is an old chart already history and I made you a promise at the start of this video live. From this point on, this is not a replay. Here is how the NASDAQ and gold charts are moving right now. From here, this is not a replay. Real account, real money, my money. All right. The first trade of the day is already filled. Today we are buying the NASA. I am in at 29737 100 R. Today's Asia box was drawn in advance.

After the breakout, I confirmed the snapback candle pulling back to the box. I watched it. Tom backed out and I entered. His stop goes two box highs away. So that is the entry. Now let us move over to gold. Here is the gold trade. In the European session, price broke below the Asia opening box. Then it came back, touched the box and turned down again. I plan to enter with a sell on the next candle. Back to NASDAQ on the 1 hour chart.

This is the target area. I am looking at first over to gold. You can hold on to the next money. But let me show you the first place to take profit. You measure the previous range near the box from the height to the row. Then you project the same height from the pullback point. We take exactly the stripe the market showed us today. Nothing more. If I enter here, the stop will go two box high away and the target will be right here.

Rena set the same kind of second target on the NASDAQ. Same process. withdraw from the high down to the row. That is the second target. This is exactly how far I expect this trade to go. All right, back to gold. When this candle close, I enter. Okay, time to enter the gold position. Gold cell failed. The entry is 4390. 11.1 lots. Two positions are now live on the 1 hour chart. This gold move lines up with an old supply zone.

So I believe it has plent of room to run. The gold stop goes at 4407. So here we are gold and nasda to right positions. The base rule is holding until the next money you remember. But today I will make an exception. I will tell you why when we settle the trades because that is a part of real trading too. All right, now we wait. Okay, good. The NASDAQ is moving in our favor about $4800 in profit right now. I think it can reach the second target.

Gold is dropping nicely too about $4500 in profit. I expected to reach this target. The NASDAQ is stalling for a moment. Looks like it is turning back. Let us watch with the market hand us the profit or the stop. Okay, look at this. The NASDAQ is climbing again and gold keeps falling. I think the NASDAQ can touch the first target and support line like this can break easily. So I see price reaching this range. Honestly, I do not want to show you only the winning side.

Beside that, the day I planned this video, today is the first recording day I take the positions and the market goes my way. This is nothing special. This is just my normal trading. Your trades will look like this too. This is what I want you to see. It is not special. The NASDAQ is deep enough in profit now. So I raised the stop moved up to 29743. This position can no longer lose. Now let us check the gold position.

I bring the stop down to 4389. If this stop triggers the trade ends or I'm break even. All right, let us watch. Okay, look at the NASDAQ. It is printing a massive bullish candle. I raised the stop again up to 29775. Gold keeps falling too. So I lower it stop down to 4384. Even if close out here, gold is a winner. Both positions are now trades that cannot lose. Now we watch. Honestly, I do not even want to stare at a trade that cannot lose.

My staring will not change the result. All right, I will be back in 2 hours. Okay, I'm back. The NASDAQ reached the second target about $42,000 in profit. This range work exactly as measured. Right now the risk-to-reward ratio is 1 to4.2. Do I keep holding or close here? I am genuinely debating. Today is Thursday and I am not sure the trend will continue into the weekend. If price reaches the next rabbit, the risk to reward ratio goes to 1 to 8.9 almost 1 to9.

I think it can get there even if it takes a few more days. So I am thinking it over. Let us leave it for now and check out. I believe price can reach this rabel. Either way, it is about $13,000 in profit right now. All right, I am closing the NASDAQ. I think this is the right call. Now back to the gold. I still believe it can reach this rabel. Let us check the one hour chart. If this 1 hour candle close with the wrong lower wig like this, I close the position here.

But if price drops again, I close at this level. Let us watch it is heading toward my star. Looks like the star will trigger. Oh, stopped out. Let us check today's regs. Two trades today. NASDAQ $42,483. Gold $6466. A small wh together $48,949. Gold will probably come back to the opening box. If it does, I am considering entering again from there. One thing I do regret, I wanted to show you a star loss today. getting shaken, taking the stop and entering again because that is a real trading.

But on the first recurring day, both trades ended in profit. You take what the market gives. So here is everything I did today. I watched the box and entered. I set the stop. I raised it to break even once price moved my way. And then I forgot about it because the trade could no longer lose. The hardworking trader does not win. The trader who can wait wins. 3 minutes a day, one box, two candles, that is enough. The indicators I actually use are all free.

Check the description. If this video helped you, hit subscribe and like. I only upload to YouTube what is verified with my own real trades. This set works on any market. Tomorrow morning, draw just one box and then turn off your computer. Dominance always reveals itself. Read it and write it. Thank you for watching.