A possible concise summary is:
The video is about how to use the ATR (Average True Range) indicator to avoid being stopped out of trades prematurely by measuring the volatility of the market. The video explains what the ATR is, why it is needed, how to use it to place stop losses, and how to use it to trade false breakouts. The video also shows some backtesting results and testimonials from a training program.
Here are the key facts extracted from the text:
1. The speaker is a trader who has been trading for a while and has developed a strategy using the Average True Range (ATR) indicator.
2. The ATR indicator measures the average range of price movement over a certain period of time, typically 14 candles.
3. The speaker uses the ATR indicator to determine the stop-loss placement for their trades.
4. The ATR indicator is used to avoid being stopped out of trades prematurely due to market volatility.
5. The speaker claims that using the ATR indicator has helped them to minimize losses and increase their winning trades.
6. The strategy involves using the ATR indicator to identify false breakouts and enter trades at the close of the breakout candle.
7. The speaker provides an example of a trade setup using the ATR indicator, where the stop-loss is placed 180 pips below the low of the entry candle.
8. The target for the trade is 1:1, but the speaker notes that the potential for greater targets exists.
9. The speaker is currently working on testing this strategy and encourages viewers to backtest it themselves.
10. The speaker has a training program called the EAP Training Program, which includes more advanced strategies and personalized support.
11. The program includes access to the speaker's personal trades and priority email support.
12. The speaker claims that the program has had successful graduates who have provided positive testimonials.
13. The speaker encourages viewers to subscribe to their YouTube channel and follow their rules and trading plan.