In the video I discuss how I analyse momentum using MACDs and the 5min and 1min charts when daytrading. Knowing these key concepts helps me filter out the best setups to get on the right side of the market and in the right trading zones. The basic concepts discussed are : - Momentum - Price Action - Candle Analysis - Multi-timeframe Analysis ** If you like the...
Disclaimer: Warning! The given tips are born from the minds of financial disasters and for entertainment purposes only. These are the results of the imagination of unsuccessful traders with a knack for making impressive losses. These master traders are known to make their financial mistakes by making huge losses. Unsuccessful traders are honored members of...
In the video I talk through the two trades namely trading continuation with Trend and then trading Countertrend Reversals. Both have their own price action points but are very different. I review a continuation trade and the setups I look for when trading from level to level...but the main focus on the video is trading Reversals which can be very rewarding but...
In the video I review my trades on the DOW Jones Index for the session and talk through the setups, price action and reasoning for the trades. I also talk through the overall bias for the session and the missed opportunity from my sessions plan. Feel free to join in our live trading room....link in the signature below. ** If you like the content then take a look...
Prepping a market and having a defined directional bias coming into a trading session, is the key for a winning day. In the video I talk through a Live Trading session we had with our group and the reasons why we were bias short. I talk through the areas our traders hit sell entries and Where and Why I was happy to enter the market short once my ideal Price...
In this video I take a look at the psychology of a phase of Price Action that we traded in out Live Trading Room. I review the key price action that I am looking for to get involved in the action for a new momentum push up/down. Our aim in trading is always to enter a trade in the 'unknown' as traders start to realise they are on the wrong side of the...
Prepping a market for daytrading is an important part of my process and understanding and identifying the KEY LEVELS is the major part of that process. We have to build a Price Action picture of what may happen and what levels may be targeted so we will be ready for a trade. Understanding who (buyers or sellers) is getting caught off side and levels the market is...
You all heard the statistic, "gambling is more profitable than trading - 13 out of 100 gamblers leave the casino with gains compared to 1 out of 100 traders". Yeah yeah. Nice story. Now tell us the real story. The market is not a casino. Don't compare. What about the thousands of traders making consistent gains? It's a FACT that most traders quit their trading...
In the video I discuss the importance of 'Candle Wicks' in price action and how I use them to refine an entry. I like to use the 1 minute chart for my entries and have certain criteria to trade with the trend (which I discuss in the video). When trying to trade with the predominant trend up/down, I look to trade retracements. One thing I look for is wicks into...
I'm looking for a DT entry here on AMD but instead of entering prematurely and hoping it goes up, I'm waiting for bullish confirmation that will happen if bulls reclaim the resistance and use it as support. Meaning, it should shoot above resistance, then dip down to that line as SUPPORT. That would be my ideal entry. Watch to see what happens here. Good...
In the video I discuss the concept of Anchors in trading and how I use them in my own trading. Anchors play a major part in identifying the prime areas to trade and also in risk management when in a trade. I will discuss my prime setups and trading areas using anchors and multi-timeframe analysis. ** If you like the content then take a look at the profile to get...
Day trading the Hang Seng Index...explanation of the two trades for the day and the price action that led to the setups. I talk through my approach to Day trading and how I use the indicators along with how to Manage the Risk while in a trade. ** If you like the content then take a look at the profile to get more daily ideas and learning material ** **...
Hello dear @TradingView community! Today let’s focus on how Poker game enhances trading excellence. In the sports, athletes often engage in cross-training to prevent injuries and boost performance. For instance, football players explore swimming and weight trainings, while runners embrace activities like hiking and cycling. But have you ever considered a form...
🔥Liquidity is what moves the market. Liquidity and liquidity pools are created and targeted by the markets and a lack of understanding on this topic is the main reason why the trading mind fails even if the analyst mind is correct. Traders who have been victim to their stop losses being taken by a wick before price running in their favour are the perfect example...
Day Trading 🌪️📉📈 Day trading involves buying and selling financial assets within the same trading day. Traders constantly monitor the market, aiming to capitalize on short-term price movements. 🕒⏰ 👍 Pros: Potential for quick profits with multiple trades in a single day. High adrenaline rush and excitement from rapid decision-making. 👎 Cons: Requires constant...
MES consolidated early after the bell creating a really visible and tradable opening range. After M2K tipped its hand and showed clear weakness, a trade in MES lower became probable. Following the Trinity Trading setup we find a great entry with very low risk. This turned into a gorgeous easy hold for 3.89 R with plenty more on that run.
I walk through the pre-market prep and the price action that led to a big move on the Nikkei Index. Learning price action means understanding 'WHO' may be trapped and where they will start to feel the pain and be forced to act and potentially close positions....that is when we want to initial a position to take advantage of the move. The Nikkei index was a great...
I small trade today on the Hang Seng Index that turned out to be quick and simple with little to no pressure from the entry. Could have been a better exit but all up it was a good start to the day. I will explain the price action for the Entry and the reasoning for the trade coming into the start of the session. ** If you like the content then take a look at my...