Pass propfirm accounts in one trade
I <3 CPI
Best way to get a funded account instantly
Once a month the best news events happens, the Consumer price index. I would be lying if I told you that I know what happens during CPI, but what I can tell you is that it creates a lot of boom in the market which is perfect for pass prop firm accounts in one day.
What you need before taking the trade.
1.) You need the right account. Not every account is made the same, some of them don't allow news trading and some don't let you pass in one day. the accounts I recommend for this are down below.
2.) You need an edge for after you pass the accounts. If you are unprofitable, passing a bunch of account during cpi is not going to make you profitable. I promise you, learn first, get an edge, master your discipline, and come back next month. This is not life or death, you can work a 9-5 for another month without dying.
The setup (payday)
First lets figure out when CPI is for you
Second thing we need to do is go to the 15 minute chart on NQ at 7:29 (1 minutes before) and your going to set a limit order 15 points above and 15 below the bottom of the current 15 minute candles wick. Use max allocation for your account size and set your take profit where it will need to be to pass your account.
Third thing to do is wait. Your going to feel the butterflies in your stomach while you wait for the limit orders to be filled. After the 7:30 candle opens you will instantly notice an influx in volume, once your order is filled then you need to get rid of the other order.
For example, if your buy order is filled then you will get rid of your sell limit order 15 points below the last bottom wick, and if your sell limit is filled, then you need to get rid of your buy order.
After about 3-5 seconds you should have a passed account ready to trade!