EDUCATIONAL VIDEO!!!Hello traders, this is a form of trading I enjoy doing. I am normally a zone to zone trader, but I enjoy doing this style. What do you think about this style of trading!
1. B.O.S
2. Imbalanced Candle
3. Fib Tool
4. PROFIT!
Beyond Technical Analysis
MARKET STRUCTURE PART 1Market structure in trending markets . let us know how you feel about this video
How To Become A Profitable Trader: Part 2Hey guys! In this video, I talk about building a trader mindset. This isn't meant to be a marketing term either, I truly believe that Traders see the world differently, because all we do all day is calculate risk and reward, bat rate and win loss. Expected value is the holy grail.
On top of that, I also examine the different types of competition you will face on different timeframes. This is important for getting a broad overview about HOW to best compete and win in any type of market.
Hopefully now you have a better awarness of the types of trading that take place, and principles and supply and demand and mispricing that are key to effective trading.
In the final videos, I will talk more about risk control, as well as some concrete strategies that I think people should consider using. I've seen them build fortunes before, and I don't see a reason why they shouldn't work for you.
This includes:
- A long term, low maintenance strategy for crushing the S&P. 40 years running!
- A unique strategy that earns yield on cash and combines lots of the edges discussed in this video
- and more
Spoiler alert, there isn't much about short term trading, because generally I don't think you should be doing much of that. That said, I do give some tips there as well for those willing to brave those wilds.
Cheers!
-AW
Making A Signal In Tradingview Pinescript In Under 20 MinutesHave you ever wanted to combine two technical analysis indicators into a single signal to find your own way of making profit? This video is a tutorial where I take two stock Tradingview Pinescript indicators and combine them into a signal that makes it easier for the user to spot with their eyes when an even occurs on a chart. By following along I hope the viewer can learn the basic process of repeating this for their own research!
HOW TO: Find the money making stocks, cryptos and FX pairsToday I'm going to be looking to something a little bit different than our normal analytics!
We're going to dive into the tradingview screener! The Forex Screener specifically, but everything I do talk about does also apply to the crypto Screener and the stock Screener. What I want to explain is how I use it to find pairs, stocks and cryptos which are setting up the way I want them to, in order for me to day trade. I show how I use a range of different Bollinger bands to moving averages to overall technical aspects, like growth statistics or reaching all time highs.
The Forex Screener and the tradingview tools that they offer is top of the range stuff. I recommend trying to figure out how to use them and how to utilize them to benefit you in your trading.
Have a listen. Have a look yourself through the Tradingview screener and the different technical aspects in which you can change. I guarantee it'll streamline your process in finding the right pairs that you're going to choose when it comes down to day trading.
I hope you enjoyed it. If you did, please leave a comment and a like. As always, have a very successful week of trading guys. Thank you.
How To : Momentum Shifts ( Key Set Ups)
Hi Traders! Lets review 3 Trade SetUp For Key Momentum Shifts:
For the past 28 years, I have been using three simple trades setups, that I'll explain in the video, to be selective in my trades and to identify key momentum shifts in the market. I hope these setups will be useful to you as well.
High Frequency Traders and Professional Traders will often run retail trader stops by blowing through key support and resistance levels like round numbers only to reverse shortly afterwards. We must protect ourselves from these tactics and be careful not to chase a move or get stopped out.
Recognizing and patiently waiting for one of these trade set up will help especially if you combined or recognize them with a chart formations like a double tops or head and shoulder pattern.
Trade Setup 1: Cross above a key resistance, recross below = shift of momentum. The same setup can be used with a cross below a key support level.
Trade Setup 2: Cross above a key resistance, recross below and a retest of the resistance with a Lower Higher = shift of momentum. This is my preferred setup.
Trade Setup 3: 2 touches to a key resistance or 2 touches to a key support and entering on the 3rd touch for a 66% probability of successful trade.
I hope these setup are helpful, whether you trade or invest, using key momentum shifts with support and resistance lines.
Hope it helps
Take care
Marc
Read Listen and LearnRead Book and listen to pod cast to grow you mental to new levels
Challenge
read min 30mis a day and grow by 1 min everyday
AUDNZD TREND IDENTIFICATION AND ENTRYTrend identification and entry using AUDNZD as a case study,
Quick identification of break in market structure (BMS) to the upward and downward,
Deep understanding of market structure in demand and supply trading.
You may like and share this video to your friends if you find it interesting so that I will make more of this type.
How to continue in trading during uncertainty timeHello traders:
Recently I received many messages from traders about taking many losses during this uncertain time.
What's going on globally right now may have a different impact on all the different markets.
Many have told me of your frustration, stress, and negative emotion on losing money and continue to feel defeated.
Today I will explain a few things that you can implement into your current trading plan,
approach and perspective during this period of time.
First, you must acknowledge risk management.
Too many traders ignore this key important aspect of trading.
Especially during this time where the market can be volatile and irregular.
It's in your best interest to understand how to manage your risk. You should have a plan that lists out how your approach would be.
For example for my risk management right now:
-1% per trade of account capital.
-No more than 1 trade on the same currency, unless the first trade is secure in profit.
-No more than 2 trades open during a day, max drawdown 2% per day
-10-15 trades per month
-3 trades maximum per week
-Minimum 3:1 RR allow before entry
-Will Take profit on average when in profit 3:1 RR.
Second, learn to control your mindset and emotions.
More often when traders approach me these days, they are telling me they are taking too many trades, chasing profits and revenge trading their losses.
All these arise from the mistakes of FOMO, get rich quick mindset, enter multiple trades.
IF a trader can truly understand the fact that the market will always be there tomorrow, next week, next month..etc, then it's an easier thing to deal with on a psychological level.
You will no longer stress about trying to enter too many trades, worry that the market may not be available tomorrow.
Third, less social media exposure.
In today’s world, unfortunately in trading, most of the things you see on social media are fabricated and fake.
Their sole purpose is to sell you a dream, lifestyle, and easy money concept.
ITs always during this uncertain time, you will see more and more of these “gurus” who will show you how much $ they made during this time.
Now, I am not saying all are fake or scam, I am sure small # of them are doing well.
But, most of the things you will see in your social media feed, are likely to be photoshopped, faked, fabricated to make you believe whatever you are doing is wrong, and you tend to “compare” your result with these people.
This ended up becoming very negative and stressful to continue.
ITs important to understand trading is one of the toughest professions out there.
IT requires so much emotion control, clear mindset, and proper psychology on a regular basis.
If you are struggling, it's usually not to do with your trading strategy, but rather your approach, perspective, and perception.
So, eliminate as many unrealistic things you might see, and focus on yourself and your journey.
Any questions, comments or feedback welcome to let me know.
Thank you
How To Trade Divergence
Divergence simply means separation.. When two similar things things---get separated and start going different directions, you have to consider which direction to follow. That's exactly the concept of divergence. When trading, and you spot a divergence, you want to be sure to understand what they are trying to tell you. In this video, I explain the concept of divergences, how to trade them and what to do when you sight one. Be sure to like, follow and comment.
I want to see those div trades!
Confirming Trends with the Lower Time Frames NZD/USD ExampleHey Guys!
As you guys know, for the past 2 weeks I've been taking multiple trades on the Nzd/usd, both short and long.
First I was taking short trades with the daily short bias, then long trades along with the bias change into long on the daily chart.
In this video, I explain how I knew the daily bias has changed into long thus aborted my initial short entry and began entering long trades.
These lower confirmation tactics play a huge role in my trading, and even if you don't trade with price action, it can be a great addition to your current strategy.
I hope it helps!
Have a great day guys!
Ken
Being a weekend trading warriorYour results on Monday will be influenced by the work that you do on the weekend, specifically Sunday.
As an intraday trader I constantly think about my trading.
Here are a few points which every trader should focus on,
1 - Mapping our mental weaknesses
We all have mental challenges, some of us have a lot of FOMO,
while others oversize and over trade, you know what is holding
you back as a trader... FIND IT AND WORK ON IT!
2 - Reviewing trades (winners & losers)
Search for the plays where you can add size,
search for patterns that you can exploit next week,
review your best trades. What trades worked best for you?
more of these on Monday. What trades are not working for you? Eliminate them.
3 - Checking for key levels & patterns
The best in every industry practice and train... yet probably 90% of traders never
really do any kind of practice, they search for a strategy and then cannot wait to apply
it to the markets... real traders work on their trading hence they create REAL SKILLS!
How To Trade Hey guys, I created a system that would allow you to trade better. I call it the 3-way. This is when the market leaves signs and expects you to spot them. The first is: Pattern. For pattern, you can decide which is it for you.. P.S: You don't have to use my pattern. However, only use it of that's the common pattern in the instrument you're trading. Secondly, Divergence. Divergences are my go-to anytime, any day. Reason is because, divergences show up as a warning. Pay attention. Lastly, Structure. Even after finding a pattern and divergence, the structure has to be in-line with the confluences.
watch to digest!
leave a like, follow and comment if you found this useful.
Cheers,
Lazyluchi
Things you should consider in trading to make it as a career
Hello everyone:
6 points I like to share on what you should consider in trading to make it as a career.
1. Trading is not a get rich quick scheme
Contrary to what social media, scammers, fakers and fake trading gurus want you to believe, trading is NOT a get rich quick scheme.
Those who believe such usually end up over trading, over leverage, blow accounts and give up.
(Trading is actually a reasonable method to yield money return. It is how consistent traders make a return on their original investment/deposit with proper risk management, strategies and methods. )
2. Technical/Fundamental Analysis dont work all the time.
Trading ANY sort of strategy, method or style will always have a percentage of failure and losses.
Its probability, not right or wrong. The main goal in trading is to make sure you have proper risk management, good Risk:Reward ratio, and look for consistency, sustainability in the long run.
(Sometimes traders blame their strategies, method, style, mentor and other things due to their trades not working out.
Not trading strategies can yield 100% strike rate, if there is, there will not need any risk management, and anyone trader should get rich)
3.Limit your risk per trade
Proper risk management is super crucial to a trader’s success. Many traders often risk way more than their accounts can handle, after all what's 10%-20% of a $100 to many people ?
But would you risk 10-20% on a $100,000 account ? and lose $10,000-$20,000 in one trade ?
(Too many new traders deposit a small amount of money hoping it can double and double and double. But they often over risk, over leverage the account.
The result is it only take a few trades to totally blow the account up.)
4.Must use stop loss
It may have worked out for you a few times where you remove your SL, and the price reverses and you close with profits. But what if the price goes against you more and more?
Can you stay mentally sharp enough and continue to hold the trade when the losses pile up more and more ?
You more likely can not, which will end up resulting in a margin call and/or blow the account.
(In the past I had a trader who approached me and showed me his losses on OIL where he removed his SL and price continued to go against him.
IT has come to a point where he reaches margin call, and the broker actually open opposite positions to “hedge” his losses)
5. Don’t over analysis and combine multiple trading strategies, methods and style
Over analysis and complicating your charts may lead to confusion and is not necessarily efficient.
Most trading strategies do work on their own, but when combined with so many other strategies, it creates conflicts, contradiction and confusion for traders.
(Often traders combine too many random indicators, S/R, trendlines…etc all on one chart. It makes it hard to analyze, and have a bias of the direction of the market)
6.Always use a top-down analysis approach.
Multi-time frame analysis is key. Always start from the higher time frame to the lower time frame.
The higher the time frame the stronger and noticeable the price action it is. Understanding a higher time frame can give you a possible direction and bias.
While the lower time frame will be your confirmation and entry.
(Have seen many new traders jump onto the 1 min chart to trade. While there are successful scalpers with proper years of experiences,
good trading psychology and emotion, most newcomers will not be able to handle the stress and pressure from it. )
Don’t give up
Steps to invest successfully #2Hello everyone,
During this video we are going to analyse the following subjects:
- Look at the bigger picture.
- Draw trend lines using the most significant lows/highs.
- Look for support and resistance.
- Look for candles.
- Understand where the stock/coin sits now.
- Reasonably predict where the stock/coin will be in the future.
- Make sure you are using EMA lines.
- When and why placing your stop loss is important.
- Pivot point.
Remember, you will never be right every time. However, the key factor is to limit your risk by buying close to support.
Seb.
How to Find Legitimate Head and Shoulder PatternsHey Guys!
I just wanted to post a quick tutorial on how to find legitimate Head and Shoulder patterns.
In this lesson, I explain the 5 rules that a Head and Shoulders pattern must abide for it to be legitimate.
Here's the rules:
#1 Both necklines must be parallel.
#2 The main neckline cannot be broken out of surpassed before the right shoulder's price level is reached.
#3 The Head and Shoulders must be relatively flat.
#4 The top neckline can only be adjusted to a wick between the main pivot and the last correlating major pivot.
#5 The prior trend must be in the opposing direction. (which is up in the case of a "short" Head and Shoulders Pattern )
That's it! I hope this helps!
Have a great day!
Ken
Take Profit Screener Tutorial (EN)Hi all,
I'm going to introduce you to the Take Profit Screener tool.
It allows you to manually scan your watchlist so to determine at a glance the assets that would give you the best profitability potential.
It is a 2 in 1 tool that allows you to :
identify where your Take Profit ratios are located whether you are in SHAD or Cycle Strategy
identify the potential reward percentages when approaching the key Fibonacci levels
Thanks for watching
Waiting for your feedback.
enjoy ;-)
How to Find Legitimate Double Tops & Double BottomsHey Guys!
I just wanted to post a quick tutorial on how to find legitimate double tops and bottoms.
In this lesson, I explain the 4 rules that a double top/bottom must abide for it to be legitimate.
So for example: For a legitimate double bottom:
#1 The 2nd bottom's price must reach the 1st bottom's wick low price level.
#2 The 2nd bottom's price cannot close past the 1st bottom's wick low price level.
#3 There must at least be a 10 candle range between the the bottoms. (including the 2 bottom's candles)
#4 The prior trend must be in the opposing direction. (which is down in the case of a double bottom)
That's it! I hope this helps!
Have a great day!
Ken
Risk On Risk Off Helpful Proces Spy VS Btc VS Dollar Dxylets review Risk On Risk Off Helpful simple process Spy VS Btc VS Dollar Dxy also Remember trading is risky .
Hi traders
over the past 28 years trading this correlation has been simple and helpful as an added barometer of assets movements that you can add and watch in your tradingview charts with no extra indicators.
Over time the dollar has always been perceived as a strong stable currency and when people move dollar up it is usually perceived as a defensive move by market participants and therefore a risk off situation for speculative assets.
Usually what is helpful lately is looking at the SPY vs BTC and compare to the dollar DXY representing safety.
Usually dollar Up = SPY + BTC down = Risk Off
and vice versa
Usually dollar Down = SPY + BTC Up= Risk On
Hope this video was helpful
How to Draw Legitimate TrendlinesHey Guys!
Just wanted to post a quick lesson on "How to Draw Legitimate Trendlines".
In this lesson, I explain the 3 rules that must be applied for a trendline to be legitimate.
1.) Trendline's attachment points must be on the wicks of a candle. Not the body of a candles.
2.) There must be at least 3 contact points on a trendline for it to become legitimate.
3.) There must be no break outs or surpasses of the trendline.
Moreover, I demonstrate these with examples.
That's it! I hope this helped!
Have a great day!
Ken
How to find Volume Profile manually In this quick tutorial, I show you how to find the volume profile range manually.
So what is a Volume Profile?
The Volume Profile study represents trading activity over a time period at specified price levels. Considering the input-defined aggregation period, the Volume Profile plots a histogram showing price distribution, revealing the dominant price values in terms of volume . The width of the histogram's row represents the number of actual transactions made within the price interval defined by the row's height.
The longest row of the Volume Profile defines the price level at which the highest number of real transactions were made during the specified time period
Like and follow for more Quick Tips.
Power of pitchfork using Andrews pitchfork in intraday trading....
how to get perfect entry in your trade at intraday levels...
How to control FOMO in day trading!Good morning traders!
The markets are going to be wild today and over the next couple of days... which only means many of us traders will have a lot of FOMO! This video is designed to give you a basic plan on how to deal with FOMO in day trading!
Today is the day to be in control and this video helps you get there!
