Video summary

The 1 Minute Scalping Strategy That Made Me $660,000 (Step by Step)

Main summary

Key takeaways

Finance

What the strategy is

  • A 1-minute scalping breakout system using only two Bollinger Bands (“double B”).
  • Claimed track record: “steady profit for the past 14 years”.
  • Specific outcome claim: $660,000 (context not fully quantified; presented as result from the strategy).

Indicator setup (explicit)

Add two Bollinger Bands in TradingView:

  • Band 1 (black)
    • Length: 20
    • Standard deviation: 2
    • Source: close
  • Band 2 (red)
    • Length: 4
    • Standard deviation: 4
    • Source: open

Core market condition / timing (explicit)

  • Trade only at session open.
  • Trade only within the first 2 hours after the Asian, European, or US session open.

Rationale given:

  • Session open = highest volatility; institutions build positions.
  • After this window, price more often ranges, and breakouts may fail/mean-revert.

Double BB breakout trigger logic (explicit)

The “W breakout” definition

Enter when price:

  • Pierces both bands at once, and
  • The candle closes through them.

Key statistical claims:

  • With a single Bollinger Band: regression back inside is ~80% → danger tail ~20%.
  • With double-band simultaneous read: regression back inside is ~96% → simultaneous close-through treated as about a ~4% exception.
  • “Piercing both” is emphasized as stronger than piercing just one.

Trade entry framework (step-by-step / the 3 cases)

General rule

  • No exceptions: enter only after the candle closes (confirmation candle close).

Case 1: Immediate entry on breakout close

If a 1-minute candle:

  • pierces both upper (or both lower) double-B bands at once, and
  • closes outside them,

Then:

  • Enter on the next candle
  • Stop loss: “the row of the breakout candle” (the breakout candle’s level)
  • Target: stated as 1:2 in the example

Case 2: Re-breakout in the same direction after stop-out

Scenario:

  1. Case 1 breakout triggers → you enter
  2. Price hits stop-out
  3. Later, price breaks back through the same-side double-B (re-breakout)

Entry:

  • Confirm the re-breakout candle close
  • Enter in the original direction

Stop loss:

  • Set at the row of the candle where the first breakout happened

Target:

  • Example target 1:3

Case 3: Reversal after stop-out (opposite direction entry)

Scenario:

  1. Case 1 trade stops out
  2. Then price fully changes direction and breaks through the opposite double-B
    • (e.g., pierces lower after upper, or vice versa) and closes through

Entry:

  • Confirm the reversal candle’s close
  • Enter opposite direction

Stop loss:

  • In the example: at the high of the opposite breakout candle

Target:

  • Example indicates around 1:2 (via “1:2:1 / 1:2:2 take profit” language)

Position management / risk management rules (explicit)

  • At 1:1 (or similar milestones), move stop to break-even:
    • Example 1: at 1:1 → stop to break-even (“no risk left”)
    • Example 2: at 1:1.5 → stop to break-even
    • Example 3: at 1:2:1 → stop to break-even, then later hits final TP

Embedded caution/disclaimer in the pitch:

  • Author warns that copying blindly can “blow up your account.”
  • You must be able to:
    • take your stop loss
    • sit at the chart at a set time every day
    • maintain focus because on 1-minute charts opportunities disappear quickly

Real trading examples (key numbers)

Note: Subtitles don’t name specific tickers/assets; they provide price “points” and stop/TP structure.

Example 1 (US session open)

  • Trigger: candle pierces both upper double-B bands at once and closes above; candle has no wick
  • Entry: next candle
  • Stop / Target:
    • Stop loss: 15.9 points
    • Take profit: 118 points
    • Stated ratio: 1:2
  • Management: when price reaches 1:1, move stop to break-even

Example 2 (Asian session open) — Case 2 re-breakout

  • Trigger: candle pierces both upper bands and closes above
  • First trade: stop out occurs at the stop level
  • Re-breakout:
    • A candle breaks back above the upper double-B
    • Enter after confirming its close
  • Stop / Target:
    • Stop: 27 points
    • Take profit: 81 points
    • Stated ratio: 1:3
  • Management: at 1:1.5, move stop to break-even, then reaches 1:3 TP

Example 3 — Case 3 reversal after stop-out

  • Trigger: candle pierces both upper bands and closes above (but “entered wrong”)
  • First trade: price comes back and stops out
  • Reversal:
    • After stop, price pierces the lower double-B and closes below
    • Enter short after confirming close
  • Stop / Target:
    • Stop: “almost 50 points”
    • Take profit: “almost 100 points”
  • Management milestones:
    • At 1:2:1, move stop to break-even
    • Reaches 1:2:2 take profit

Explicit recommendations / cautions (summarized)

  • Trade only during the first 2 hours of session open (Asian/European/US).
  • Wait for:
    • simultaneous pierce of both Bollinger bands, and
    • confirmation by candle close.
  • Use strict stop losses and move to break-even at defined profit milestones (~1:1, ~1:1.5, ~1:2:1 depending on case).
  • Discipline is emphasized; failure to take stops can cause account blowups.

Disclosures / disclaimers

The author explicitly warns not to copy blindly:

  • “I’m not going to say that [you will definitely make money]… if you just copy it without understanding it, you can blow up your account.”
  • Emphasis on needing to take stop losses and be present/focused.

Tickers / assets / instruments mentioned

  • None explicitly named in the provided subtitles.
  • Only instruments/indicators mentioned: Bollinger Bands (no specific ETFs/stocks/bonds/crypto/commodities named).

Presenters / sources

  • No other presenter or source is named in the subtitles.
  • The strategy is presented by the video’s speaker/author (“I use every single day…”).

Original video