This Boring Strategy Made Me $53,478 In A Month
Summary
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This video explains a simple trading strategy based on market structure and momentum, focusing on identifying key areas of control and using fair value gaps for precise entries. The creator, Craig Percoco, shares his personal trading journey and outlines a step-by-step process for implementing this strategy with a risk-reward ratio of 1:3-4.
Craig Percoco introduces a simple yet effective trading strategy that he has used for over 9 years, emphasizing simplicity, repeatability, and scalability. The strategy is built on two core concepts: market structure and momentum, and aims to identify areas of high probability for price movement. He breaks down the process into four steps: 1. Identifying the first change of character (ChoCH) of the session, 2. Finding a fair value gap (FVG) formed during that impulsive move, 3. Waiting for a pullback into the midpoint of the FVG, and 4. Targeting a 1:3-4 risk-reward ratio. Percoco demonstrates these concepts using TradingView on a SOLUSDT chart, illustrating how to apply trendlines and identify breaks of structure (BOS) and changes of character (ChoCH) on higher timeframes, then zooming into a 1-minute chart for precise entries within FVGs. He stresses the importance of not overcomplicating strategies and provides a clear roadmap for identifying trade setups and managing risk, aiming for consistent profitability.
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LockedWorth watching if: You are a beginner or intermediate trader looking for a clear, structured trading strategy that focuses on market structure, momentum, and precise entries using fair value gaps. This video provides a step-by-step guide with practical examples and risk management principles.
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