Video summary
Tradin TV Ep 261: Live New York Trading Session with Rosa, Samuel, Rishi & Dumitras
Main summary
Key takeaways
Finance-focused summary (Tradin TV Ep 261 – New York session)
Market / instruments discussed & tickers
- Gold (traded around London; also monitored for later setups)
- NASDAQ (monitored on M1/M5/hourly timeframes; referenced as futures context via NinjaTrader)
- USD Dollar Index (DXY / “DXY”)
- Discussed as falling/retracing
- Still carried overall bullish bias on higher timeframes
- ES (S&P 500 E-mini index)
- Referenced as taking support / going higher
- SMT (mentioned, interpreted as correlation/rotation-type behavior between S&P 500 / Nasdaq; exact definition not provided)
- Forex pairs
- USD/CHF (previous preference; noted spreads can be very big for the traded style/time)
- Indices / CFDs / account products
- NDX (mentioned as an index CFD)
- Platforms
- MT5 (CFDs)
- NinjaTrader (futures; mini/micro discussed, e.g., MNQ / micro)
- MetaTrader (brief mention; “freezes” noted)
- Expert Advisor (EA) for automated execution using fixed SL/TP
Key trades, setups, and decisions (as described)
Rosa — Gold (one trade early)
- Took one trade in gold early in the session.
- Setup rationale (technical):
- Looked for breach of equal lows / liquidity sweep behavior
- Noted down-close momentum (two “down close” candles), followed by
- Consolidation at lows
- Trade management:
- Expectation: sell liquidity → immediate reversal
- Referenced targeting/closing around a swing level near 111 (“swing high at 111”)
- Outcome: trade closed quickly after the reversal
- Performance:
- Approximately 60 pips
Samuel — Selective trading / mostly waiting
- Mostly waited; monitored NASDAQ and gold.
- Avoided chasing missed earlier opportunities.
- NASDAQ approach:
- If it was “at low” / near lows: no trades at a loss
- Intended to “look for a cell,” but stayed selective
Rishi / Dumitras
- Limited explicit detail in the subtitles.
- Mostly discussion/monitoring, with most concrete numbers/logic coming from Rosa and account/risk talk.
Methodology / step-by-step framework mentioned
Trading execution / rules described
- Wait for a clear signal
- If missed: don’t chase
- Use timeframes tactically
- Rosa referenced confirmation via M1/M5/hourly
- Gold directional logic tied to:
- Equal lows breach
- Downside indicator breach
- Momentum candles followed by consolidation
- NASDAQ bias checks:
- Looked at hourly and intraday candles
- Prefer not to trade too close to US open unless confirmations are present
- Example condition mentioned:
- If a 5-minute candle closes above a prior high, consider bullish/continuation
- If it then rejects, avoid / look for a pullback
Risk management / funded-account rule framework (FundingPips-style discussion)
- Preference for fixed risk parameters and automation:
- Stop-loss (SL): $2,000 per trade (explicit)
- Take-profit (TP): $2,500 per trade
- SL discussed as ~4% (on sizing)
- Uses an Expert Advisor
- Set SL/TP once
- Then buy/sell and “forget” (no discretionary micro-adjustments)
- Psychological angle:
- Losses like $500 should feel “fine” when overall drawdown capacity is large (funded-account context)
Platforms / execution mechanics
- NinjaTrader vs MT5 (CFDs)
- NinjaTrader described as better because of:
- Low commissions
- Spreads “non-existent”
- Better execution/spread behavior
- NinjaTrader described as better because of:
- Futures chart note (gold)
- Futures gold charts can be choppy with gaps
- Participants may avoid gold when futures quality/timing is poor—especially in the first hour of London futures gaps
- Trade frequency
- Rosa emphasized only one trade that morning and typically waits unless signal quality is high
Key numbers & explicit metrics / thresholds
Gold
- Profit/size: about 60 pips
- Target reference: swing level around 111
Funded account / evaluation rules
- Overall drawdown cap: 12% static loss
- Mention of daily loss limit: ~3% (described as balance-based)
- “Strike system” nuance:
- First strike after over ~$500 loss
- Suggested risk/reward idea (mentioned by one participant):
- Risk 5%, target 1%
- Samuel’s fixed parameters (stated clearly):
- SL = $2,000
- TP = $2,500
- Referred to as ~4% stop-loss
- FundingPips evaluation/progression (from subtitles):
- Three minimum trading days per phase
- Rule nuance: if one trade becomes too large a portion of profit
- Example: “if one trade is over 60% of total profit…”
- Implication: need multiple days, not one big day
Session timing (New York UTC-4)
- Example trade timing: around 1:24 NY time
- Missed opportunity: around 2:00 my time (referenced as “like in 6 minutes ago”)
Macro / broader context mentioned
- USD (DXY)
- DXY is falling described as a retracement
- But the overall higher-timeframe bias remains bullish
- Seasonal liquidity/behavior context
- Quiet conditions around Europe summer holidays (June/July/August; mostly July/August)
- December can be tricky due to holiday periods (Christmas/New Year; extended schooling holidays in some countries)
Explicit recommendations / cautions
- Avoid trading when:
- The signal is missing or not fully confirmed
- Price is already near lows (stop-out risk increases)
- News might be a driver (they said no news today)
- Futures gold is gap/choppy (especially avoiding certain timing like the first hour London)
- Risk/discretion control:
- Prefer EA automation with fixed SL/TP to reduce emotional decisions
- Session management:
- Not typically trading right at/near US open unless conditions are met
- If no opportunity within 10–12 minutes, consider ending the session (“call it a day”)
Disclosures / disclaimers
- No explicit “not financial advice” disclaimer was observed in the provided subtitles.
Presenters / sources mentioned
- Rosa
- Samuel
- Rishi
- Dumitras
- FundingPips (funded trading evaluation provider)
- Tradein TV / Tradin TV (show branding)