Scalping XAUUSD without failing a single account? FTMO Trader shares his strategy! | FTMO

[@constantinegumas7586]

This is a perfect example of how it doesn't really matter for your strategy to be over complicated to work!!.Well done buddy really enjoyed your interview Really loveable character!!

[@human_hope]

In fact none of the scammer SMC 1:100 RR traders ever make it to ftmo interview or leaderboard (in 99% of cases)

[@biasa4830]

@@human_hope I have seen plenty, some are from malaysia as well.

[@ivankun6689]

You made Malaysia proud 🇲🇾 ! You being so down to earth journey in the mental side of trading, I love your sharing

[@rupert2275]

Amazing, no clue about how it could work on other markets, yet still consistently profitable. Good job homie!

[@fazalwahab4700]

22:30 Buys more profitable because gold on a uptrend

[@primetradixnevafomo5412]

He has 6 years of trading and probably more than 4 scalping Gold. Am 9 months in and i have reaclise nothing beats experience in this game

[@Wavetheory85]

5k+ hours watching candles develop and it becomes easy regardless of strategy. Hardest part is mastering the mental game and avoiding prop scams/getting paid.

[@naijanewstv]

I enjoyed every bit of this interview..Weldone!

[@EdoviRivas]

Thank you! an awesome advice for all both beginners and pro alike...love it!

[@Killuminati90]

what does he mean with 'boom' when he talks about the upper trend line that he draws. Does he mean the last moment when price went outside the upper line of the bollinger band? Or does he mean the most recent moment when price touched the upper line of the bollinger band? and the retracement, does he mean when price reached the middle line of the bollinger bands?

[@tsboxing9034]

I think he’s looking at when price shoots up/down leaving an imbalance

[@PaskyBalo]

Bull not boom

[@johnnyboy4920]

Nope... the boom he mean in Malaysia is called "Big Movement" its where the majority of banks places the orders"... Scalpers will use this to trade with 25USD and grow their accounts. so getting 200K account is a blessing... there's a trading culture here. you can find the person whom ASEAN people respect is called PaulX... he is considered a legend in malaysia/indonesia etc but he is actrually from Brunei. a lot of uneducated people manage to learn trading because of paul. he has lots of KZbin Videos but its in Malay can check it out. simple yet effective way of trading.

[@banginzaza]

Excellent skills bro!!! 🔥🔥🔥

[@realnamenogimmickz]

My nigga trade consolidation while majority trade trending market nd he kills it😂

[@birdingable]

Could someone comment. At approximately 9:14-9:17 when he says he will draw 2 lines. where is again he narrows down to draw the 2 lines?

[@_Kknox]

I'm not a pro, but I'm guessing those are his support and resistance guides. the support is made up of recent low points and the resistance set on recent highs.

[@birdingable]

@@_Kknox thank you. Appreciate it. 🙏🏼

[@josemourmourinho9949]

this is pure gold. i adapt this stratage with 3-8 rr

[@Funding-m7s]

are you profitable with this strategy?

[@josemourmourinho9949]

@@Funding-m7s no bro its bulshit like the others.

[@misho6794]

Gold scalping King. He is smart guy

[@ricardozara]

yeah, I'm also scalping gold since 6, 7 years... same strategy, etc. 😎

[@EmilyLaCamera]

Do you know you can be earning good compound bonus profit trading every day?

[@EmilyLaCamera]

Hello Mr

[@neagucipriann]

hey, this strategy have a name or smth to search more about it?

[@wrestleciz6345]

Can you actually explain the strategy?… I understand until he gets to the 5 minute chart… what do you look for?

[@holyearth]

Great interview but like many other commenters, I fail to understand what Mr. Chiat was saying. I understand about the 30 minute and the lines but at the 5 minute it's not clear what he said. Check the comments, I am not the only one...

[@eiyibilgin]

I watched 3 times to understand. Finally I understood.

[@codemedio6418]

I just catched up what he does might be entry for retracement after trend finish.

[@D-A-A-10]

Its actually 20 & 40 pips not 200 or 400 pips

[@mervynmontague1811]

Interesting and informative 🇯🇲

[@sokolbaca]

Am i the only one seing break of structure and retracement back to the structure? Like for real, i see like 4 trades profitable with a 1:1 1:2 RR minute 12:18 chart 😢😢😢

[@jonathansyster8674]

Is it possible that you can change the black background of your screen to white and make your font a little bit bigger so that its more clear to see

[@eiyibilgin]

Hello, How much do you manage to trade? How long did it take to make this profit? What is the lot size of per transaction?

[@ChinJianHsiung]

Proud of you from Malaysia!

[@up2wind81]

What is his setting for bollinger band indicators?

[@tcmengg]

Choon Cheat, Can you upload a video where that explains more elaborate about your strategy please?

[@innate7260]

its pretty easy mate,,hes using a mean reversion strat

[@yevhenbabiichuk2155]

Good day. Does FTMO teach how to trade forex? If you teach, how can you connect to learning? thank you

[@FTMOcom]

Hello @yevhenbabiichuk2155, Please check our FTMO Academy at: academy.ftmo.com/ Thank you for your question, and do not hesitate to contact us again.

[@chipz2700]

Um, maybe some kind soul can help me: What doe dhe mean by boom? I feel like dunce but I absolutely do not understand what he meant by that even when I look at where he drew the lines on the chart...

[@christopherk7920]

he's saying BULL...

[@Kin1989FX]

ftmo interview is back ! yes!

[@codemedio6418]

Does he have KZbin channel

[@danukarupasinghe8319]

Good luck 🎉

[@nouniquenameguy]

FTMO researching how to manipulate the candles to blow your account and you boy telling all the sauce. :D

[@gamingitechvcy709]

Hey Bro Choon didn't u consider full time trading since u got decent profit, u don't have to work for someone? I'm curious

[@pikachusolu1606]

I am confused. what is he basing his horizontal lines off of?

[@aran5033]

These are support levels, support levels can tell You A LOT, also, there are patterns in which markets sometimes, not always, but sometimes, move. These lines can help track the movement. And You want to draw them at the highest high level and the lowest low. For the best results 2 on the day before, and 2 on the day You trade.

[@0x3879]

No wonder you're confused. This video seems like a complete joke.

[@winnerwinner168]

any chance of getting in touch with this guy to learn? I want to pass my ftmo too!! lol...

[@edmldw]

Thanks for sharing

[@Genjutsu45]

I just took 1 year and 5month for my "aha" Moment. I just have to follow my trading rules now. xD . However, the cost was too great hahaha. Was isolating myself for too long.

[@calm694]

Congratulations Choon Chiat, it is by far the nicest strategy, actully while analyzing i have seen such cases, but didnt really give it a shot, will probably try your strategy. Good Job

[@wrestleciz6345]

Do you understand his strategy?.. I’m a bit puzzled… so he waits for a trend to happen and pass on the 30 min chart and draws two lines where the recent price touched the low and the high. Then he goes on 5 minutes but I don’t understand what trades he actually takes.

[@MinThuraSoe]

@@wrestleciz6345 𝗜𝗻𝗱𝗶𝗰𝗮𝘁𝗼𝗿 : Bollinger Band and RSI 𝗠𝗮𝗿𝗸𝗲𝘁 : Ranging Market 𝗜𝗻𝘀𝘁𝗿𝘂𝗺𝗲𝗻𝘁 : Gold 𝗧𝗶𝗺𝗲𝗳𝗿𝗮𝗺𝗲 : 30m for the Bias , 5m for the entry 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆 : Bollinger Band Mean Reversion / Bollinger Band Bounce - price touches the upper or lower BB and returns to the moving average in the middle , RSI extremes for added confirmation for entry 𝗥𝗶𝘀𝗸 : position sizing 2% per trade , USD 2000 for the account size : USD100000 , minimum 1:1 RR ,20 pips stop loss, 20 pips take profit / the strategy is high risk but because of the big lot size i.e.10 lot per trade , he can make money with a small 20pip-price-movement that occurs frequently in a very volatile instrument like Gold But he might practise the strategy long enough to confidently trade and gain profits consistently i.e his secret sauce Kudos to his patience and discipline. Analogy : Bruce Lee's 10000 kicks quote :) Sometimes a simple strategy like that is enough to make consistent profits in trading. We don't need some fancy strategies or complicated concepts. It works . He is the proof.

[@paulcharles3484]

While the price is fluctuating between the support and resistance, there's plenty of cash to be made on the 5 m or 1 m but it's stressful. I also find it a challenge to set proper SL. Otherwise good approach. Any chance to get your details Mr. Choon Chiat? Cheers.

[@wrestleciz6345]

@@paulcharles3484 yes there can be a lot of money to be made during that period where the price ranges and goes up and down, but you have no idea when it will suddenly trend again so it’s just a gamble.

[@envestate]

What does he mean he starts off with a boom?

[@realnamenogimmickz]

Bull not boom

[@NCE180]

Well, do you think he will disclose all his trade secrets in a public interview? A good trader has multiple trading strategies and maybe this is just 1 from 30 good strategies.

[@geraldlofton]

The secret is there is NO SECRET!!!!

[@NCE180]

Sure... The recipe is that there's no recipe...

[@IceDogXena]

@@NCE180he’s just a range trader. 30 min higher time frame, 5 min entry/exit

[@wrestleciz6345]

@@IceDogXenahe is yes but you still have to get it right… otherwise anyone can be a range trader and make money.

[@brettblaster]

Ya this is a clear con, FTMO has such unfavorable conditions, but this guy will make podcasts and make ppl believe it’s legit. Fk right off

[@hazmanarfandy6921]

yo man saying 200 pips, it's 20 pips

[@babusibalopi4917]

On FTMO 200 pips is the same as 20 pips in other brokers. I struggled to adopt at the first challenge because of the difference

[@eduardopimentel4861]

In fact xauusd pips are like 200 points equally to 10pips on others currencies like Eurusd. 7pips on Gbpusd is equivalent to 140points on gold Just for clarification Not exactly, but good approximation like gravity =10

[@leahtradesforex]

So many people misunderstand pips vs points. Also, some brokers use them interchangeably. As long as we know our own risk management/ lot size, it matters very little what someone calls it.

[@Kkinvests]

Lol

[@vintageb8]

how about calling it in dollars and cents? @@leahtradesforex

[@amiroucheifetne3590]

best one good luck chan chi

[@DNAGOOD]

what type account of he hold and what size of account?

[@MrRenaultvn]

100k

[@juancarlosvelasquez2722]

How to contact choon chiat ?

[@RolenNaidoo]

Brilliant trading strategy... may the pips be with you 🙂

[@Chicawigg]

Can u interview Thai plz?

[@michaeldenzelloo9856]

the interviewer's brains working on overtime trying to understand hhaaahhahahaha

[@christopherk7920]

hahaha... I agree. The trader certainly didn't put it out very clearly...

[@howardblaylock3490]

My favorite word OVERSOLD

[@neladarvish]

Why did you guys Ban Andrew NFX? Everyone should be aware of this!

[@hktan636]

because AndrewNFX did not control his risk, did you see his risk management? 4-5% on 1 trade, just to pass the evaluation, and then he risks 1% to protect that account, its against the rules not to trade with proper risk management.

[@neladarvish]

@ You cannot risk over 5% per trade. Anything under that is within the rules, are you dumb? lol

[@zackzul5884]

Broker is a broker, same day with another day either yesterday, today, tomorrow and future day. They see your trade, they pay your profits, they know you, they applaud for you, they compliment your win. But they will fcuk you someday. For them not to fcuk you, trade and withdraw your profits wisely. To my fellow Malaysian, hats off to you. Im proud one of good trader came from my country.

[@tuhairweronnie7385]

Why is ctrader not available for me in usa?!

[@FTMOcom]

Hello @tuhairweronnie7385, cTrader is only available for the FTMO Challenge. If you have any problems, please contact support: [e-mail] Thank you for your question, and do not hesitate to contact us again.

[@j-1994]

200 pips does he mean 20?

[@sonofsun761]

how can we contact these traders?

[@sarmadbank]

Looking to get ftmo funded account. I am in free trial period and working on it to improve strategy.

[@orderflowdojo]

Master the order flow 🧠

[@adversusilluminati]

How

[@tsawra007]

So proud of him nice 👍

[@ZvikomboreroChitiyo]

Does anyone know this guys social media handles?

[@DoctorFearless-i1b]

Why you don't continue review failed challenge like before

[@brettblaster]

Bc dude is running a scam website, it’s quite simple

[@Kvon_sot]

Broski on the left looks fried

[@Trade86]

Nice Interview and very nice nice strategie Chooin Chiat

[@costo8779]

How the hell do u scalp with such high spreads

[@sunlord75]

10 lots per trade?

[@hamadaessa64]

What is the name of the indicator on the platform tradingview (binger) ! 🙏🙏

[@جمعهالبلوشي-ه1ف]

Bollinger band

[@Idontknowww97]

Bollinger bands and Rsi

[@hamadaessa64]

@@Idontknowww97 thanks

[@sanjukushwah2238]

I love xauusd

[@NyxLevel]

So basically wait for crab market after 'big boom', draw 2 lines, entry (10 -30 lots) when it hits 1 of the lines, tp sl 1:1. When it works, great. When it doesn't, take a rest and play dota 2, trade tomorrow. Got it, ooga booga strat works

[@Fenix_Trader]

Interesting! Thank you 🙏

[@tcmengg]

Sifoooo, please teach me!!

[@danishiqbal9176]

how can you scalp 1:1 considering commissions and spreads?

[@Darknight0000]

his win rate is like 70% He's fine

[@KatM272]

The trick is also his risk management. If you see his winrate is 70% ish but his Tp is su usually around .7R… that can mean that he takes trades slightly above 1 R or slightly less than .7 R to make that .7 be the average…. Meaning he likely knows when to close a trade before it reversed and also he mentioned he cuts his losses short. This is KEY for 1:1 strategies otherwise you’re just BE at best. Watch nick Shawn on KZbin he explains the 1:1 in a great way

[@brettblaster]

@@Darknight0000ya but when you factor in time he’s getting absolutely destroyed, FTMO is definitely bullsh*t

[@BrokenYouth8]

Xauusd only take spread. No commision. Cmiiw

[@Moedow]

So, essentially hes waiting for a string push, either up or down, and then a sign of consolidation. What he somehow forgets to mention or simply is not aware of, is that price has entered a range of previous consolidation after a sweep or drop, base, rally creating market symmetry

[@wrestleciz6345]

So basically is he only trading the range… where is where the price continually goes up and down in the same areas for a bit of time?.. but if there’s suddenly a break out and the price trends then he might lose big.

[@Moedow]

@@wrestleciz6345 TBH, I wouldn't trust anything this guy says. Sounds shady as hell. I did a backtest with the rules provided and it just doesnt add up.

[@wrestleciz6345]

I backtested it too…. But it wouldn’t work if you had to wait for price up touch the lines he drew in order to take the trade opportunities. Instead I found that you still do what he does and then when you go to the 5 minute chart… you place a sell or a buy trade when the price hits the side of the bollinger band.

[@erhanbarisoma1454]

Therefore he has the stop loss @@wrestleciz6345

[@tinetanakarealities7219]

Does anyone have his social media handle please?

[@blinkk_k]

how do you know which ones to trade? or do u just look at the patterns whether u trade gold, indices, forex, etc?

[@Idontknowww97]

That comes only with experience and analysing your loosing trades daily on multiple time frames.

[@Lamxrfx]

You know by learning the skill set.

[@amirkhalil99]

So capturing 1 - 2 pips with lot size of 10 and making $2K per trade.

[@paramhirani1871]

Alpha capital has tier 1 feeds which cant be altered

[@subeerilkacase8184]

that is awesome

[@dyamigadiel5917]

first boom???? what does he mean by that

[@kuku5839]

first breakout,basically a drastic movement either up or down

[@NCE180]

Congrats to our fellow Malaysian, proud of you. Keep up the good work. I'm a funded trader too.

[@aviansnow]

hi bro, after MFF I've been so skeptical. How is our experience with FTMO so far? I want to sign up but I am afraid they might disappear too. I had a 14.3k payout on the exact day MFF disappeared. It was to be my first payout from from that account

[@NCE180]

@@aviansnow hey man, sad to know this happened. As long as greed is still there, many unfortunate events regrettably might happen. You may start with free trials from FTMO first. I don't have data to comment on FTMO's reliability, it's best that they prove themselves sustainable for long-term.

[@sphinxman90]

Great Interview! "Trading is the hardest way to make easy money!" But once you learn the skill you can and will change your life!

[@AfrizHassan]

Well, I must say that people are afraid. there are so many non-professional runners out there.

[@thomasmaverick3730]

Most people today have been having a lot of failures in forex and crypto because of poor orientation and bad experts.

[@JamesLion-ub7wp]

Having monitored my portfolio performance, a has made me a jaw dropping $370k from just the past two quarters alone. I have learned why these experienced traders make enormous returns from the seemingly unknown market

[@Benjamin-pr8uc]

So you guys know her too?.... Wow she made my husband and I ha our own house and car. She is good!👌

[@PhilipMorrin-sb4rk]

I don't usually do reviews but Earning x3 of my monthly salary from Mrs Rita Orlando trading services in just a week is overwhelming

[@rati3893]

As a 5 year experienced trader, i don't beleive this, cause this is fake, even this is not a strategy. and this is not serious at alll. trading is a serious business.

[@2realink279]

I mean if it works it works. I feel P&L speaks louder than strategy

[@okey9904]

Shut up stupid. You have not traded 5 years if you say this stupid stuff. This guy is very real. … I’m an 8 year trader.

[@hktan636]

Fuck ya experience😂 if it works, it works

[@jtrades_]

nice!

[@Harrygetsfit]

im completely lost. Is he purposely not giving any of the key information away? no way he is profitable trading like this. I went and back tested this basic range trading approach and lost 4/5 trades haha

[@shanew101]

I wouldn’t give my strat away either

[@Sam-im5pb]

Does this trading strategy make sense to anyone?

[@jideonworfumnanya8175]

no it doesn't to me

[@ChaseE-l3o]

Does it matter?

[@ShorlanTanzo]

The point is, any strategy can "work". Its far more important to manage your risk and stick to your gameplan. You have to be okay with every single trade you take hitting your stop. Otherwise you're just taking random shots in the dark.

[@christopherk7920]

@@ShorlanTanzo agreed. Risk management is key in successful trading and the fact that he doesn't talk about it but instead focuses on getting the profit is a little concerning. There's a very wise quote from Jack Schwager who said know how to get out before you even get in

[@SamuraiChampu]

It makes total sense. He's trading the range between the support and resistance levels. Markets tend to be ranging more than they are trending.

[@mbuguapaul1418]

The interviewer is almost falling asleep 😅😅😅

[@arcdisney]

Great video, thank you for sharing 👍

[@azeemshahkhan1]

$2 movement = 200 pips 🤔

[@t.b.7990]

Can` t tell me the iterviewer is sober hahahah

[@s.d.2731]

I'd like to join your discord, but it is impossible for me. Please make verification easier. I did not delete the discord from my old phone, so i can not verify the phone. Although i receive the code, it doesn't let me paste it.

[@King_gabby]

The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional like I did. If you get the facts about saving and investing and follow through with an intelligent plan, you should be able to gain financial security over the years and enjoy the benefits of managing your money.

[@Danny-fd3lf]

Very Malaysian Slang, boleh boleh

[@VicDeeveTV]

Same Strat with me.. but my patience and discipline still not there 😅 this Strat makes you more greedy.. flipping accounts in a day but without discipline you’ll blow your account like me😄

[@syedzainshah77]

Hi can you teach me this strategy in detail?

[@Lamxrfx]

This strategy hurts my brain.

[@maximilianbraun315]

6 years experience and didnt even research other markets which takes few hours, this dude ist completly cap

[@amazonseller3676]

😂😂😂😂

[@brettblaster]

Lol both these guys are clowns. Such scammers, FTMO is garbage site

[@alambakhtiar1298]

why u stop indonesian traders?

[@gh8066]

BIG BALL SCALPER

[@chrisdlc281]

First❤

[@noelrobinson2307]

Guys, 22 trades is nothing. Wait till its at least 100 then do the interview. Would be more substantial.

[@robbywijaya88]

"There's nothing but Gold", sounds so rich 🤣

[@fjf1509]

nice

[@malthouse1993]

Pity that he is not clearer as to the strategy! Clearly it is working for him but the explanation was full of "holes" and statements which I could not understand! Well done anyway on your success.

[@JunebugPresents]

No female hosts?

[@aolytrades]

1975 -> 1973 is 20 pips... not 200 pips haha

[@maximilianbraun315]

6 years of doing nothing. this cant be real.

[@iattractlimitlessprosperity]

you have to meet the guy

[@GabrielSanchez-yc5cu]

​@@iattractlimitlessprosperitydo you have his social media account?

[@burnercomented]

$1 = 10 pips FTMO or not

[@msaznz]

no it can be 10 pips = 10000$ and it can be 20 pips = 10$ this is measure for what lot size using