Thanks for the heads up bro! Never thought I'd understand that pretty easily enough. Now what's left is trade with your trick on Cex with high liquidity, coz I do wanna make profits from this lesson and about that, MEXC has got my back.
I tried trading myself and lost over 500 in a night, this prompted me to get an expert sir Arlo Eric to handle it for a commission charge and I have been performing excellently well with good profits ratio weekly, quite an experience for me
trading hasn't been a good ride for me though I am trying to be better plus combining it with work doesn't give me enough time, Can I have your trader’s contact to help me
What you're pointing out in the first example, after the consolidation and the larger bearish candle, is a classic liquidity grab to move higher. Hitting stops and grabbing that liquidity to attempt to push above the prior high. In the second example, with the wick making a new high, another saying to go with this is "wicks get run." So when you see wicks like that forming there is a higher probability that eventually the price runs through those wicks after (going back to example 1) grabbing enough liquidity to run through them. That applies in either direction. Have a stop loss plan in place (and stick to it!) for when the thesis breaks. on NQ maybe 5-6pts above/below the candle you're basing your following thesis on.
I've been actively trading since June of last year 22, watched tons of videos on how to trade and this is the easiest way to scalping. No need other indicators but trend line + moving your SL closer to price auction once you in prophet.
you sir... have lit a lightbulb in my brain... You are a genius! Increasing the stoploss higher than the entry point.... man that is insane... you have changed my day trading potential to the extremities. Subscribed!
A basic description of finding general supply and demand zones while evaluating trend lines. You make it easier to understand, thank you! I love the risk management with the tight stops.
So far out of all the people I've listen to I like everything this guy has to say, and I'm listening to Five his videos right right now everything he's teaching is helping
It's called S-curve trading first described in the early 1960s. What is missing is the probability of reversal vs continuation during the oscillation. Good explanation though.
Thank you for sharing your knowledge and insights. You have a way of explaining things in the simplest, clearest terms. As you've said in a past video years ago, this is a game of self-improvement, and I am constantly improving my mindset and strategies thanks to you. I trust you're taking care of yourself because, selfishly, I am hungry for more content from you.
Riley, I've been subscribed to you off and on for at least three years. I don't even care anymore about the content of your videos, although I'm happy to see your resurgence. I just like you. I bet you would be a good friend to hang out with. You're so upbeat. I'm glad you found a new, more simple way to trade and you're making money more consistently. You deserve it. It just proves that if you have the willingness to stick with it, you will eventually find a way to become profitable in trading. Never give up.
Instead of trend lines, I believe it is easier to see moving averages. I like EMA's based on Fibonacci numbers (5, 8, 13, 21, 34, etc.). Enter following the surge of a candle off a moving average.
Thanks man many time i loose this chart pattern.. Some time i win., today i got a statergy from you.. Thanks alot.., you are simply amazing cheers. 🤑🤑🤑
Sir, In forex pairs SPREAD TRADING do you recommend use of CCI (say on 1H chart--cci 7,cci 14, cci30,cci50 values & add all these values on each pairs to spread & compare overpriced/underpriced leg).The pairs got to have correlations of at least 90%(say aud/usd &nzd/usd--aud/jpy &nzd/jpy--eur/jpy & gbp/jpy--gbp/aud & gbp/nzd etc.).Sell the overpriced & buy underpriced. This would give trader starting edge, staying power, size choice & risk control. You would be comparing deflection of prices summed up on multiple time frames(added up/robust) for asset A & B. Your wisdom is appreciated
U can't learn trading from your peers without much trading experience. Omg...u learn it from pros... He doesn't even have MA lines. The trend is one thing the strength of the strength is another.
Riley, I just found your channel. So helpful! I use ninjatrader as well. How do you draw your reversal boxes? Is that an indicator or a drawing tool? Thanks!
Wow I' m just shock someone mentioned expert Mrs Clarissa I thought I'm the only one trading with her She helped me recover what I lost trying to trade my self..
@@elizabethlaura6811 I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Clarissa I think that she is the best broker I ever seen
When you invest with genius like Mrs Clarissa you don't have any other choice then to keep winning she trading strategies are very productive and reliable. I made quite a huge profit today all thanks to Mrs Clarissa
@RileyColeman, Do you have a video on your bracket or ATM strategy? Just curious at how many ticks when you set a break even point, and at what ticks do you start trailing your stop loss upward. Thanks
thank you. is this strategy just work for uptrend or it works for downtrend too? if it does so in downtrend we should looking for a bullish candel in consolidation trend and then open sell trade?
Yes, indicators are horrible. I like to look at volume. That's about it. Then you draw your support & resistance zones on a higher time frame, and look at what the market does when it reaches those key levels.
Trend is up, down, sideways. Yeah Nasq futures are usually up but some reason if i enter its gonna go sideways and then short when i go long. Even if this been long
If I use Ninja am I able to use that chart program you're using? being able to drag a bar to set stop loss looks pretty neat.. and drawing lines.. really tempted...
want to start getting into making youtube videos. can you tell me what software you're using for the editing and making your face in that circle shape etc? thanks!!
Good afternoon to all cryptans! Have you already heard about the new ainemo project? I would like to draw your attention to it, they say this is a new memtoken, I don’t want to miss potential X’s, that’s exactly what happened to me with Pepe.
