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He HATES Fake Gurus... Steal His PUBLICLY TESTED Strategy (3-Years Live Proof)
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Key takeaways
Summary
Trader Harry Sharp describes a discretionary, session-based trading approach built around three components: story and directional bias, trading zones and market positioning, and an entry setup.
Sharp says he has traded live on YouTube for three years and reports a 70%+ win rate—roughly 73–75%—mostly using 1:1 risk/reward. The interviewer describes his public history as verifiable, while the video also claims consistent five-figure monthly results. These are presented as claims about his record, not independently assessed performance data.
Sharp says he is an intra-session scalper, typically spending about an hour and a half at the charts. He prefers trading during active market sessions rather than remaining at the screen all day. He emphasizes preparation and patience over entry mechanics, estimating that the entry itself accounts for only about 5% of the work.
Strategy Framework
1. Build the story and directional bias
- Review fundamentals weekly for context, then assess the weekly chart for overall structure and the daily chart for current location and important levels.
- Identify market structure visually:
- Uptrend: Higher highs and higher lows.
- Downtrend: Lower highs and lower lows.
- Range or “chop”: Neither trend is clear.
- Compare the previous daily candle with the most recent completed 4-hour candle before the trading session. If both close in the same direction, Sharp treats that as support for a directional session bias. Opposing closes create a mixed bias.
- Use the broader story to interpret mixed signals. Sharp says a bullish daily candle generally carries more weight, but traders should also consider weekly structure and catalysts.
2. Mark the zone and assess market positioning
- Mark relevant horizontal support and resistance, prioritizing recent levels and the candle bodies or closing prices that formed pivots.
- Look for clean ranges: areas of prior price movement without intervening support or resistance. Sharp’s premise is that areas price moved through cleanly may offer a path of less resistance later.
- Consider whether price is near the top or bottom of its daily or 4-hour range. Avoid buying directly into major resistance or selling into major support.
- If the bias is bullish but price is at resistance, wait for a confirmed break or a pullback rather than forcing a trade. A lower entry in the range is considered more favorable; higher entries are treated as less discounted.
- Keep the chart relatively simple. Sharp says extra indicators and confirmations add variables and are not necessary for his method.
3. Wait for liquidity and a confirmed break
- On the 15-minute or 5-minute chart, look for a range or structure to form, often after price sweeps a prior high or low, or wicks beyond a level and returns.
- For a long setup, wait for price to close above the range or structure, then look for a subsequent candle with a lower wick. In Sharp’s interpretation, this indicates that selling pressure was tested.
- Enter when price breaks the high of that candle, typically with a buy-stop order. Reverse the logic for short setups.
- A wick through a level alone does not count as a confirmed break; the relevant candle must close beyond it.
- If price closes back inside the range after the breakout, Sharp considers the setup invalidated.
- Use the 15-minute chart as the starting point for newer traders; Sharp says the 5-minute chart can feel more erratic. He uses the 5-minute chart more actively around the New York open.
Risk Management and Trade Handling
- Place the initial stop below the breakout candle for a long, or above it for a short. Sharp says the stop should not be an arbitrary number of ticks away.
- Avoid an excessively large breakout candle. Sharp suggests that a candle larger than 50% of the range may make the stop too wide and the trade less attractive.
- His common target is 1:1 risk/reward, or the next meaningful level—such as 15-minute or 1-hour resistance or support—whichever is reached first.
- At 1R, traders can either secure the profit or move the stop to break-even and let the trade run. Sharp sometimes uses two entries: one to realize profit and another to potentially capture a larger move.
- Sharp does not always set a fixed take-profit, preferring to manage the exit if momentum continues. However, he says he tends to secure gains when price accelerates sharply, anticipating a possible pullback.
- Avoid trading when the directional bias and location do not support a clear setup. Some sessions may offer no trade.
Key Figures, Instruments, and Timing
- Reported win rate: 70%+, with Sharp estimating around 73–75%.
- Typical risk/reward: Mostly 1:1, according to Sharp.
- Typical move sought: 50–80 points on NQ, as an example.
- Chart timeframes: Weekly and daily for context; 4-hour for pre-session bias; 15-minute and 5-minute for setups and entries.
- Trading window: Sharp mentions trading around the New York Stock Exchange open at 9:30 a.m. Eastern, often for about an hour. He also references London, Asian, New York, and “power hour” sessions.
- Instruments and other references: NQ, YM, and gold. The video also mentions possible Nvidia (NVDA) earnings as an example of a fundamental catalyst, and gamma as an optional, more complex market tool—not a required part of Sharp’s method.
- The demonstration includes a chart replay and examples, including a trade Sharp says he took the previous day and another taken by others using the strategy. These examples do not establish typical results.
Disclosures and Cautions
The video explicitly states, “Nothing in this video is financial advice,” and that past performance does not guarantee future results. The reported win rate and earnings are presented as the trader’s claims and should not be treated as a guarantee of future performance.
The video also promotes a proprietary trading challenge; the subtitles do not provide a complete account of trading risks or evaluation terms.
Presenters and sources: Harry Sharp, trader and strategy presenter; an IQ Capital interviewer/host (not named in the subtitles); IQ Capital, the channel.
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