You're Trading Trendlines Wrong... STOP and Trade Them This Way
2024 ж. 2 Мам.
1 294 Рет қаралды
The myth of the trendline retest is ruining your trading account. If you have been trading for any length of time you know that this does not work.
There is a better way to trade. We need to look at the market around the trendline, having the proper condition triples your trendline trading results.
The fact is that this market condition is easy to see and it happens all the time. Start trading like this and start making money.
This works for Forex, stocks, crypto, and any other thing you choose trade.
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90% of trading tutorials are BS (100% of ICT vids are BS), but this is a very useful video.
Your comment is the reason I started this channel. The BS is rampant online, so instead of complaining about it, I will try to fight it with good information. I am happy you are finding this useful info!
Love this. It's all starting to click for me now and this just seals it. Thank you.
Sometimes all you need is one "ah-ha" moment to make it all come together!
Great insight, thank you very much.
I've been trading these trendlines for a long time, and the big gap / small gap was a gamechanger for me. It's like a kind of trendline divergence.
THANK YOU!! Sound advice from a seasoned trader! very useful!
Thank you for your wonderful comment, I appreciate that very much!
Thank you for this. This is very helpful and useful. ❤
I'm glad that this is useful information to you, that make me happy!
Hi RH, I recognize your voice, good to see you in action, great vid, I like the idea of this. Cheers!
Thank you! I know I have videos that are on KZhead, but until now I haven't done "KZhead content" before. I like the idea of this too!
Good bless you sir (UBFX). Thank you for these useful techniques. Please keep providing helpful and useful techniques for the community. ❤
I plan on sticking around for a long while. I'm so happy you're getting some use from these videos!
Sir.. This is remarkable. Even Google cannot unpack it like this. Thank u. New subscriber here!
Thank you very much! I appreciate your subscription and your wonderful comment. It's always amazing to hear a comment like yours!
Thank you.
You are very welcome. Thank you for the comment!
would you kindly do a vid about fractals.. the traditional fractal is composed of 3 candles.. 1 xandle to the left and right of the middle candle.. some use 2 candle to the left and right.. are there other better settings for fractals.. like 5 candle to the left and 2 candle to the right..
YES! I will do a video about Fractals. The 3 bar fractal you mention is very noisy and is difficult to trade. The Bill Williams version is a 5 bar Fractal, but I prefer a 9 bar Fractal. For those that don't know, a Fractal is a middle candle that has the highest high or lowest low. A 9 bar Fractal is made up of 9 candles and the Fractal is the 5th (or middle candle) that has the highest high or lowest low of the group. This candle is them marked as Fractal. The 9 bar fractal is a terrific way to draw trendlines as well, but that I will discuss further in the video.
@@UltraBlueForex thank you.. looking forward to it.. after the fractal vid perhaps a supply and demand vid would be beneficial..
@@krel4115 Supply/Demand, Support/Resistance, Accumulation/Distribution. Supply and Demand is one of those things that works best after the fact, you don't know if it's actually a supply level or a demand level until after the price moves away from it. I prefer to simplify that with S/R levels.
If you could turn this idea into a TV indicator that would be awesome.
Do you mean the gaps from the trendline?
The common denominator is that the winners had a H&S pattern
In a lot of reversals you will find a HS pattern, but keep the head gap smaller than the shoulders gap for the best reversal.
Gold nugget.
Thank you, I have been told there are several in there. I am glad you found it useful!