5 Price Action Rules EVERY Trader NEEDS To Know

2024 ж. 4 Мам.
1 501 347 Рет қаралды

Price action describes the characteristics of a security’s price movements. This movement is quite often analyzed with respect to price changes in the recent past. In simple terms, price action is a trading technique that allows a trader to read the market and make subjective trading decisions based on the recent and actual price movements, rather than relying solely on technical indicators.
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Price Action Rules
0:00 Introduction to Price Action Rules
1:15 Trendline Rule
5:59 Don't Counter Trend Trade
8:25 Trading Range Rule
12:46 High Probability Setup Rule
17:23 Signal Bar Rule
18:26 Rules For Trading Trading Ranges
23:14 Rules For Trading Uptrends
26:47 Rules For Trading Downtrends
1) Trendline Rule
2) Don‘t Counter Trend Trade
3) Trading Range Rule
4) High Probability Setup Rule
5) Signal Bar Rule
The only people who know where the market is heading are institutions. They are the ones who make the market move and our job as retail traders is to follow their footsteps and get the piece of their movement. As price action traders we need to find the most profitable ways to enter trades. The highest probability setups are 2nd entries at the key entry points.
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  • Thanks!

    @ishmaelmatshai1987@ishmaelmatshai1987 Жыл бұрын
    • Than you so much! You didn"t need to do that but I appreciate it :)

      @ThomasWade@ThomasWade Жыл бұрын
    • Thank you for supporting

      @anantsutar8507@anantsutar8507 Жыл бұрын
    • @@ThomasWade bro let me ask you what ema is that ?

      @Rayal2300@Rayal2300 Жыл бұрын
    • @@Rayal2300 21 bar EMA.

      @ThomasWade@ThomasWade Жыл бұрын
    • ​@@ThomasWade hello great video! I have 1 question, do you tweak the smoothing factor in ema or leave it at sma 5 ?

      @youarenotcoolenough@youarenotcoolenough Жыл бұрын
  • To whoever reading this , never stop chasing your dreams you can do it . Keep pressing and thriving you will make it ! Consistency is the key to achieve your goals

    @noblebach6539@noblebach6539 Жыл бұрын
    • I feel it's the right time to invest , it's when you can get the better deals EVER , love your content . keep it up , You make the most complicated things so simple . Consistency . Discipline . Success to all upcoming millionaires I'm really interested in investing .

      @stevenwoods7198@stevenwoods7198 Жыл бұрын
    • The mind replays what the heart can't delete . So be careful what you keep in your heart . Purify it often

      @paulnicolas5742@paulnicolas5742 Жыл бұрын
    • Bitc0in trading is just like any other business but in this case more sophisticated and advanced .

      @stellaparker2372@stellaparker2372 Жыл бұрын
    • Investment put you ahead in life , is like buying a day off you don't have to work again , invest now and secure your future .

      @noblelucky8666@noblelucky8666 Жыл бұрын
    • Starting early is the best way getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to a decent payouts, with the right skills and proper understanding of how the market works

      @williamscarson7850@williamscarson7850 Жыл бұрын
  • I got into trading about a month ago and just got my 4th payout after I started with $1k. My broker employs AI and bots for trading, which I’ve found advantageous. Your channel serves as a great inspiration.

    @Corrabeauty@CorrabeautyАй бұрын
    • Hello there! Which broker do you use, and what’s the minimum amount required to start?

      @Tamboool@TambooolАй бұрын
    • @@Tamboool Pathstonesecurities I think with as low as 200 you can get started but I advice higher capital for proper trades.

      @Corrabeauty@CorrabeautyАй бұрын
    • Pathstone gotta be the best broker out there. The past couple of months have been nothing but a blessing. Providing for my loved ones hasn't been easier.

      @Diyavarma843@Diyavarma84327 күн бұрын
  • I started investing when I was 27, mostly through sweat equity. I just turned 32 and this last month was the first time that my passive income broke $100k for the month. This is solid advice! DO IT! You don’t have to get rich quick, you just have to get RICH no matter what. 👍🏼

    @camilascarlett7736@camilascarlett7736 Жыл бұрын
    • @Larry BrendaNot at all Having monitored my portfolio performance which has made a jaw dropping $473k from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market. I must say it's the boldest decision I've taken since recently

      @camilascarlett7736@camilascarlett7736 Жыл бұрын
    • @Zeo Stella The adviser I'm in touch with is "Jayden Nadav Bishopson" . He works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else, for me her strategy works hence my result. She provides entry and exit point for the securities I focus on

      @camilascarlett7736@camilascarlett7736 Жыл бұрын
    • @@camilascarlett7736 what a joke

      @amtrades5336@amtrades533611 ай бұрын
    • ​@@amtrades5336 😂😂😂scammers

      @climaxyal9612@climaxyal961211 ай бұрын
    • Scammers 😂

      @emmanuelngwu-remigius1164@emmanuelngwu-remigius116411 ай бұрын
  • "From my perspective, this highlights the importance of having a competitive advantage as investors. Merely mirroring the market strategies of others is insufficient in achieving optimal results. I am currently grappling with the decision to invest in the current market, as it presents both uncertainty and opportunity. Could you share your insights on this matter?

    @theresagarcia1218@theresagarcia1218 Жыл бұрын
    • The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.

      @greenquake11931@greenquake11931 Жыл бұрын
    • market uncertainties are the reason I don’t base my market judgements and decisions on rumors and here-says, got the best of me in 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happening in my portfolio, been using the same advisor and I’ve scaled up $3million within 2years, whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.

      @helenoliver4838@helenoliver4838 Жыл бұрын
    • @@helenoliver4838 True, we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides you help?.

      @stellamoore720@stellamoore720 Жыл бұрын
    • @@stellamoore720 The adviser I'm in touch with is 'MARGARET ANN WARNKEN" and yes she can help. But note you can use something or someone else. for me her strategy works hence my result.

      @helenoliver4838@helenoliver4838 Жыл бұрын
    • @@helenoliver4838 Thank you for sharing; I just Googled her name and her website came up right away. It looks interesting so far. I'm going to write her a message and hopefully it all goes splendidly.

      @stellamoore720@stellamoore720 Жыл бұрын
  • Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life beause I invested early ahead this time .

    @ivankagel9949@ivankagel99498 ай бұрын
    • These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $109k now to put in the market.

      @Natalieneptune469@Natalieneptune4698 ай бұрын
    • Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.

      @Robertgriffinne@Robertgriffinne8 ай бұрын
    • true, A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.

      @tradekings5433@tradekings54338 ай бұрын
    • Mind if I ask you to recommend how to reach this particular coach you using their service? Seems you've figured it all out unlike the rest of us.

      @Natalieneptune469@Natalieneptune4698 ай бұрын
    • My advisor Kate Elizabeth Amdall“” is highly qualified and experienced in the financial market.She has extensive knowledge of portfolio diversity and is considered an expert in the field.

      @tradekings5433@tradekings54338 ай бұрын
  • In Today’s era of volatility, there is no other way but to re-invent. the only sustainable advantage you can have over others is agility, that’s it. Because nothing else is sustainable, everything else you create, somebody else will replicate

    @amandadarden5330@amandadarden5330 Жыл бұрын
    • Most people today have been having a lot of failures in forex and crypto because of poor orientation and bad experts

      @dhanistock7618@dhanistock7618 Жыл бұрын
    • Please it will be of benefit to me if someone can help with more fact that's working recently

      @malDaniella@malDaniella Жыл бұрын
    • I don't want to remain out of ignorance because people today have been having a lot complains about the market

      @malDaniella@malDaniella Жыл бұрын
    • Good to hear such education ideals

      @cryptoethics@cryptoethics Жыл бұрын
    • This I most say in a few months or no time people we definitely be kicking themselves regret for missing the opportunity to buy or invest in cryptocurrency.

      @cryptoethics@cryptoethics Жыл бұрын
  • This has to be one of the most honest approaches to educating traders that I have seen. No wishful thinking, no get rich promises, just a clear and concise strategy that asks for only one thing - patience. And that’s the main reason why most will fail in following these guidelines. Thank you all the same - I’m sure that at least 5% will benefit.

    @Eli-gg9zd@Eli-gg9zd Жыл бұрын
    • Couldn't agree more with you! Thanks @ThomasWade, you're a legend!!

      @arvar100@arvar100 Жыл бұрын
    • 100%

      @ivaturi@ivaturi Жыл бұрын
    • so true

      @joshuapeek9555@joshuapeek9555 Жыл бұрын
    • Agreed!

      @reggieantoine460@reggieantoine460 Жыл бұрын
    • Excellent presentation

      @ph8768@ph87688 ай бұрын
  • i watched your video 3 times this morning, and i traded today live with a small amount to test it, 30 dollars, i finished doing 50% of return which i never made in 1 month as a beginner trading that just started learning. God bless you Thomas.

    @datadata2521@datadata25213 ай бұрын
    • Still I would recommend starting on SIM first to prove your consistency.

      @ThomasWade@ThomasWade3 ай бұрын
    • how did you trade live can you let me know where to sign up because ima beginner believing in myself

      @AlexMiranda-ui5uv@AlexMiranda-ui5uvАй бұрын
    • @@AlexMiranda-ui5uv Find a good broker supported in your country. Ninjatrader or AMP Futures, Interactive Brokers are solid.

      @ThomasWade@ThomasWadeАй бұрын
    • @@ThomasWade also another question on trading view I add a sell stop or a buy stop then after when I try to close it when it’s either doing rlly bad or really well it still doesn’t close my position. Gets me very mad idk what im doing that’s causing this I just wanna practice

      @AlexMiranda-ui5uv@AlexMiranda-ui5uv26 күн бұрын
  • I just made 2k not taking the first breakout, or even the retest of the downtrend, but for a new low to form Strategy officially goated

    @MOTWMB@MOTWMB27 күн бұрын
  • Anyone can be successful at Forex investments. The reason most of us have more losses is because we don't follow the first rule of finding a financial guide. You need an investment professional who is well equipped to manage your Forex investments even before you make your first investments. I have found that I am earning consistent income since hiring an investment professional to manage my investments.

    @rocketman-my2ul@rocketman-my2ul Жыл бұрын
    • Of course. Investment management cannot be over emphasized. That is why it is always recommended to seek the advice of financial experts even before making any investment, you see that on most tutorial, because it’s important.

      @Karla0087@Karla0087 Жыл бұрын
    • I really don't know where to actively look for them, but I'm looking for a good one. I know this is necessary for my investment, and honestly I’m tired of going back to my account everyday seeing a blown account.

      @melissaarnold2300@melissaarnold2300 Жыл бұрын
    • It is the safest way to invest in my opinion.

      @bobwiley4461@bobwiley4461 Жыл бұрын
    • @@melissaarnold2300 lol, totally relatable!

      @turgesten726@turgesten726 Жыл бұрын
    • Are there any recommendations which you can easily give. That would also go a long way to helping us find one.

      @andreiboiko5255@andreiboiko5255 Жыл бұрын
  • “Markets are designed to make countertrend entries favorable and with trend pullbacks look sketchy” truer words have never been spoken. It’s so easy to trade countertrend and so hard to stay in a with trend trade for this reason. We have to remember that if it’s easy, it’s a trap. The money is trading the difficult.

    @trashpandacentral9159@trashpandacentral9159 Жыл бұрын
    • Rightly said 🙏

      @maheshpise1957@maheshpise1957 Жыл бұрын
  • Heard someone say the best season for a fin.ancial breakthrough is now, especially with inflation running at a four-decade high. I have approximately $750k stagnant in my port_folio that needs growth. What is the best way to take advantage of this downturn?

    @kaylawood9053@kaylawood9053 Жыл бұрын
    • That’s right! Downturns provide plenty of opportunities for regular people to build wealth from the scratch. However, you may need to get some professional advice from an Invest-ment planner if you need an aggressive return.

      @legacymedia8468@legacymedia8468 Жыл бұрын
    • Recessions are where millionaires are created. After my port_folio took a big hit in April, I was forced to employ the services of an Invest-ment-analyst who has not only accrued a profit of $250k for me since then but has also taught me how.

      @cloudyblaze7916@cloudyblaze7916 Жыл бұрын
    • who is this individual guiding you? I lost over $9000 just last week, so I’m in dire need of a financial-planner.

      @stevensmiddlemass2072@stevensmiddlemass2072 Жыл бұрын
    • The advisor I use is Theda Helene Jackson, she's verifiable , so you could just search her

      @cloudyblaze7916@cloudyblaze7916 Жыл бұрын
    • Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

      @albacus2400BC@albacus2400BC Жыл бұрын
  • The best investment one can do right now is investing on Forex trading though stocks are good but ever since I swapped to Forex, I've seen so much difference

    @henrymatthew2186@henrymatthew2186 Жыл бұрын
    • I have been making a lot profit through forex trading which has been the main source of my income

      @richhands5369@richhands5369 Жыл бұрын
    • Actually an expert broker handles my forex investments while I invest in some real estate with the profit I make

      @richhands5369@richhands5369 Жыл бұрын
    • John Hook handles my investment portfolio, he's an expert when it comes to trading forex.

      @richhands5369@richhands5369 Жыл бұрын
    • He made over $12k with my $2k start up capital

      @richhands5369@richhands5369 Жыл бұрын
    • He's available on G mail

      @richhands5369@richhands5369 Жыл бұрын
  • You may never know the value of that €1 you have until you go bankrupt, the bad experience I had last year really made me feel that our programs schools must contain more financial knowledge and education. It is never enough to have a good job, a huge salary and all the luxuries at your disposal. But saving money and investing wisely is never a bad idea,... I learned how to invest, no matter how little, but life really believed me in the long run. Thank you for the nice video, it's always interesting to watch your content >

    @M_Harry2@M_Harry211 ай бұрын
    • < Financial education is crucial today, and a buy-and-hold strategy may not be effective. Sherman Williams Trading taught me a lot about trading and improved my financial situation. Using trade signals generates competitive returns and stability. Time in the market vs. timing the market helps investors stay calm. Since I started, I've been making more money and seeing positive results.

      @J_parker@J_parker11 ай бұрын
    • The stock market is a place where companies raise capital by selling stocks or shares to investors. Shares give shareholders voting rights, as well as a residual claim to company profits in the form of capital gains and dividends. But investing in cryptocurrencies is better because you earn more and better.

      @Aless.D@Aless.D11 ай бұрын
    • < In my role as a financial planner, I serve clients with varying income levels. But my goal is the same for everyone I know. I want to help wealthy families continue to build wealth while helping young families achieve their financial goals. Your investment creates a safe haven for the future and helps you through the economic crisis.. The best person i can ever recommend when it comes to cryptocurrency trading is Sherman Williams Trading

      @Maria-bd4du@Maria-bd4du11 ай бұрын
    • >

      @lonutifrim2750@lonutifrim275011 ай бұрын
    • @Maria-bd4du@Maria-bd4du11 ай бұрын
  • Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $400k portfolio is down by approximately 20 %, any recommendations to scale up my ROI before retirement will be highly appreciated.

    @darnellcapriccioso@darnellcapriccioso11 ай бұрын
    • During such moments, it becomes crucial for investors to remain vigilant against future certainties. It is not necessary to act on every prediction, so I recommend acquiring the services of a financial advisor who can offer guidance on when to enter or exit specific stocks/ETFs you are interested in.

      @richardhudson1243@richardhudson124311 ай бұрын
    • @@richardhudson1243 It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $850k.

      @tatianastarcic@tatianastarcic11 ай бұрын
    • @@tatianastarcic I find your situation fascinating. Would you be willing to suggest a trusted advisor you've worked with?

      @maiadazz@maiadazz11 ай бұрын
    • @@maiadazz It's best you do your due diligence, I have my portfolio overseen by ‘Laurel Dell Sroufe’ and her qualifications speak for itself. Most likely, the internet is where to find basic info, she has a noticeable page for consulting.

      @tatianastarcic@tatianastarcic11 ай бұрын
    • @@tatianastarcic Researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals and scheduled a call.

      @ericmccormick82@ericmccormick8211 ай бұрын
  • I’ve been watching a lot of content on price action. This is by far the best one I’ve seen. I love the way you explained everything. So easy to follow. Thank you for taking out the time to do this. It is appreciated!!

    @JiggOnline@JiggOnline Жыл бұрын
  • Thomas: I've watched a countless number of youtube videos on trading. This is by far the most valuable video I've watched, and I've literally watched it 6 or 7 times. Thanks, so much, for all your content...🙏🙏🙏🙏

    @matthewchuckherstrom9959@matthewchuckherstrom99595 ай бұрын
  • This is how a good teacher teaches. Comes prepared, shows content on screen to read and diagram to look, steady pace and structured content. Love you Thomas keep them coming.

    @financejunk4933@financejunk4933 Жыл бұрын
  • As a price action trader but still struggling yet still learning everyday 24/7. Im very excited to backtest this strategy together with strict rules. This for me lighten me up about the phsycology of market and peoples behaviour. Thankyou very much.

    @novostephenklienbatula8509@novostephenklienbatula85093 ай бұрын
  • *When it comes to trading and becoming a successful crypto investor, motivation gets you started, good habits, determination and commitment keeps you going*

    @alyssaholt714@alyssaholt714 Жыл бұрын
    • I've read about many people making huge returns from their crypto currency investment even as the fluctuations aren't favorable. It's not clear to me what I'm not doing right! Assets in my wallet keep dipping as the day goes by

      @ahmednoozilabinti2731@ahmednoozilabinti2731 Жыл бұрын
    • It's not always easy to do what's not popular, but that's where you make your money. Buy the dip that look bad to less careful investors and hang on until their real value is recognized. No one becomes successful overnight. They put in background work but we tend to see the finished part

      @reecenichols7567@reecenichols7567 Жыл бұрын
    • Buying and stocking cryptocurrencies in your wallet doesn't guarantee making profits anymore. Venture into investing your crypto assets where your coin will be mined and make weekly returns

      @francisjason6137@francisjason6137 Жыл бұрын
    • @@francisjason6137 you're right

      @filiz4877@filiz4877 Жыл бұрын
    • I hope the drop in price of cryptocurrencies will help educate investors not to leave coins in their wallet to grow but go for investment and mentorship so to become experts themselves

      @filiz4877@filiz4877 Жыл бұрын
  • Very engaging. Tried many trading bot/indicator out there none works out well, can someone recommend any, my finance is draining by the management of wrong people

    @JohnCollins-ub9wu@JohnCollins-ub9wu5 ай бұрын
    • I'm a beginner, how can i reach out Maria Hamilton? ANYONE PLEASE🙏🙏

      @JohnCollins-ub9wu@JohnCollins-ub9wu5 ай бұрын
    • i watched her on fox she was amazing....i am definitely writing her now, i cant miss out on this opportunity

      @user-dt4wl7nv7i@user-dt4wl7nv7i5 ай бұрын
    • I and my brother have been investing with her for over a year and I've made good profit of $882,030 that's not much but I'm happy with the progress, I don't have to look for jobs anymore

      @ulrichlchegounbalogoun12@ulrichlchegounbalogoun125 ай бұрын
    • She is my family's personal Trader and also a personal Trader to many families in the United states, she is a licensed trader

      @nicoleg345@nicoleg3455 ай бұрын
    • @@duttondawsonn Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call

      @JohnCollins-ub9wu@JohnCollins-ub9wu5 ай бұрын
  • So thankful I found your channel. Last month my win rate was around 83%. Cheers Tom!

    @RyanSmith-lz4is@RyanSmith-lz4is Жыл бұрын
    • What’s your fav setup

      @huntergill7@huntergill7 Жыл бұрын
  • Trustworthy comment or not, this video BY FAR is one of the best vids out there that will help NEW TRADERS to learn about the BASICS of trading. Kudos to you to have made a video that's straight to the point, no bs, no stupid indicators and whatnot, and just straight up explains (albeit discretely) about psychology trading. I'm happy there are more than 423k views on this now. This won't make you a better trader instantly; it will however educate you in the necessary foundation of what trading is all about.

    @noobicorn_gamer@noobicorn_gamer Жыл бұрын
  • I've been learning price action trading for some time now and the way you explain it makes it very clear to me. I'm glad I found your channel. Thank you.

    @kendallsworldofcrafts@kendallsworldofcrafts Жыл бұрын
  • My Tesla dipped severally, resulting to about 40% drop in the shares value so far. I seriously need suggestions on how to diversify my portfolio made up of volatile Tesla.

    @eduardosousa7472@eduardosousa7472 Жыл бұрын
    • Comes with the territory. Just live your life and stop checking prices! Nasdaq is down 25% ,from highs as well Tesla is holding up really well.

      @rosemariasaez4094@rosemariasaez4094 Жыл бұрын
    • Find stocks with market-beating yields and shares that at least keep pace with the market long term. However, for a successful long,- term, strategy you have to seek guidance from a financial advisor.

      @KerodyPSunil@KerodyPSunil Жыл бұрын
    • @@KerodyPSunil You are right! I diversified my portfolio across various market with the aid of an investment advisor, I have been able to generate a little bit above $35k in net profit across high dividend yield stocks, ETF ,and bonds during this red season.

      @albess8761@albess8761 Жыл бұрын
    • @@albess8761 please can you leave the info of your investment advisor here? I Will need his/her, management on my much larger portfolio.

      @eduardosousa7472@eduardosousa7472 Жыл бұрын
    • I am ready to jump all in but I no nothing at all about trading and it looks intimidating and mathematical. I am a slow learner but once I master I am in. So let's do this if i could get your training

      @teresavelasquez5551@teresavelasquez5551 Жыл бұрын
  • What a great video, an excellent example on how to understand the market. Though I watch your videos every week this is still a useful content. Thanks Thomas.

    @richterbelmont9751@richterbelmont9751 Жыл бұрын
  • I found this education because i have tried plenty of indicators and most fail as you pointed out. I am having more success trading supply and demand and trend. This is gold. Thank you very much for sharing!!

    @arwood111@arwood111 Жыл бұрын
  • Love this video, finally someone talking about actual trading and not indicators. When I started trading my loses always occurred because I failed to get in correctly, finding the absolute bottom. My most handy setup includes Vwap combined with the Aroon indicator. Many people also lose money on scummy stocks rather than ones with good fundamentals and volume action. Identifying short vs long term strategies is also key. Most stocks end up rising even if they drop and you get stuck, if your strategy is short term scalping, avoid taking unnecessary risks.

    @adama2511@adama2511Ай бұрын
  • I am trading more than 1 year but never come across the such important trendline rules, thank you very much ❤️

    @maheshpise1957@maheshpise1957 Жыл бұрын
  • I swear you read my mind and gave us the rules with a breakdown (and visuals to boot!). I'm excited!

    @traderchick6560@traderchick6560 Жыл бұрын
  • Thank you, I really appreciate how you break it down rules to follow, not to chase trades

    @krisrafferty6010@krisrafferty6010 Жыл бұрын
  • This is a great approach. This is very descriptive and easy to follow. Thank you for the explanation.

    @thebarsandstickstrader@thebarsandstickstrader4 ай бұрын
  • I had problem comprehending trading in general. I tried watching other YT trading channels, but they made the concepts more complicated. I was almost giving up until when I discovered your channel. I love the way you break down the content and explain everything in detail. The videos are easy to follow.

    @castaneda753@castaneda7539 ай бұрын
    • ​@henryalexander346*I'd advise you get a professional to help you get started. I learnt the hard way*

      @JobZamora-ge6tx@JobZamora-ge6tx9 ай бұрын
    • My personal broker/investment manager; Mr Nathan Davis, he runs an investment platform where you don't have to undergo any stress in the trades, he manages my account and all I need to do is invest capital and he gets a tiny bit of my returns as his commission

      @JobZamora-ge6tx@JobZamora-ge6tx9 ай бұрын
    • ​@lonniblaine2927Please I'm in need of a good trading company I'm a newbie would love to invest.

      @maryann1600@maryann16009 ай бұрын
    • @@maryann1600 seeking his info

      @JobZamora-ge6tx@JobZamora-ge6tx9 ай бұрын
    • His availability is on Whatspp,

      @JobZamora-ge6tx@JobZamora-ge6tx9 ай бұрын
  • Wow the best sir! You finally put those rules you talk about in a super instructive video. Very well done.

    @Graldaddy@Graldaddy Жыл бұрын
  • This is one of the BEST videos I’ve seen. Very clear & easy to understand. I look forward to using what I’ve learned with my trades. Thank you!

    @ameliacobbs8209@ameliacobbs82095 ай бұрын
    • Haven't you started trading? I am from India.

      @veersamthaan332@veersamthaan3325 ай бұрын
  • By far the best video on youtube, the way you explain all of that, much easier to understand

    @SMTechSA@SMTechSA Жыл бұрын
  • Thanks for taking the time to make this video Thomas, it was very, very helpful.

    @majordave4789@majordave4789 Жыл бұрын
  • What a great time to be alive! One of the most important lectures in a trading career for free. I'm forever grateful.. Subbed and liked!

    @03manatat@03manatat Жыл бұрын
  • wowwww that was awesome i almost checked every price action clips in youtube yours are higher than perfect thank you man

    @mehdisch463@mehdisch463 Жыл бұрын
  • great job description of price action.. my trading started improving when i started watching you. thankyoul

    @donnelson7672@donnelson7672 Жыл бұрын
  • a good way to avoid false breakouts is to use higher timeframe. i trade breakouts on the 5 on gold and use 15 and 30 for true momentum. and 5 basically for precise entry. if the 15 or 30 has a solid break and instead bottom wick (assuming its bullish) majority of the time its a good trade for me. but keeping in mind im only targeting 10 pips a trade.

    @ogday1195@ogday11957 ай бұрын
  • I was running around indicators. Thanks for the inputs & supports for free.. Really appreciate your dedication. Cheers bro.. Do continue to educate us more please...

    @nubydooby3355@nubydooby3355 Жыл бұрын
  • Very clear and "in your face" discussion of price action, the fundamentals for scalping.

    @MalMilligan@MalMilligan Жыл бұрын
  • Great video, easily explained. Shared. I know most of this stuff, and still felt I understood it more after watching.

    @recfisho@recfisho Жыл бұрын
  • Thank you Thomas. This is one of the most informative info I've found so far

    @stevetran8231@stevetran8231 Жыл бұрын
  • This is another amazing training video, Thomas! Just perfect!

    @kbkakj@kbkakj Жыл бұрын
  • Maybe the best video I have seen on Price Action for the last 5 years! Amazing! Congrats guys!!!

    @eliask5463@eliask5463 Жыл бұрын
  • Wow I’m glad I came across this!!very thorough walk thru for me to understand !! I can say I learned a few things today!!!subscribed thank you!!

    @mk4r34@mk4r347 ай бұрын
  • This is excellent Thomas really appreciate the time and effort you take to make these.

    @shadowmania@shadowmania Жыл бұрын
  • Best video I seen... I know all rules which u told here. But still I had some confusion in that while applying. This video gave me good clarity. Thanks a lot.

    @ananthkumar1203@ananthkumar1203 Жыл бұрын
  • real good video. it does bring a lot of value to me. thanks man

    @Dreamers12@Dreamers124 ай бұрын
  • This is the holy grail right here. This works 100% tried and tested. It's all down to your knowledge gl guys!

    @numb0t@numb0t4 ай бұрын
  • This was one of the best trading videos I've ever seen. Couldn't have explained it better. Awesome awesome video.

    @tylercarder581@tylercarder58111 ай бұрын
  • Good refresh and thanks you for everything you do for the trading community without selling anything. Unfortunately reality is , 93% will fail because first , it takes years for hand eye coordination to develop to recognize these setups in a live fast moving market , and second ,,,, discipline ... You are perhaps the only KZhead trader who is not looking to capitalize by selling courses etc and not being shy to show a losing trade , thanks again , hope can contribute myself soon .

    @DeltaScalper@DeltaScalper Жыл бұрын
  • No nonsense nothing rubbish only Pure Education. Not selling anything no advertisement, etc Subscribed and liked the channel at first recommendation ❤

    @Cricindia1983@Cricindia19838 ай бұрын
  • Holy moly, you're amazing!!! Seems like you took PATS and Al Brooks and added you to offer something much more specific and actionable, only listened to this video but will listen to more. Thank you for taking the time to do this video and offer it up to all of us. People like you, offer actionable information versus scamming and calling out trades for thousands a month that don't work, well just refreshing, so again, fantastic material, and thank you.

    @jenniferclark7094@jenniferclark70949 ай бұрын
  • Been trying to paper trade with this today. Staying consistent and patient. So far so good. Added my own twist by putting a second EMA 3x my trading time frame (trading time frame: 5 min, additional EMA: 15min) to get a hold of the bias or to confirm the trend. This helps me during ranges so I would only take trades in one direction. Great videos! Ive been trading with indicators for months and I just get frustrated everytime because although Im following the rules, my loses are still bigger. Most tutorial vids dont expound about the nitty gritty of some strategies, but you do and its awesome. Had nice earnings in paper trading today.

    @laurencechristianlenon9484@laurencechristianlenon9484 Жыл бұрын
    • Good job. Just remember, it takes time to learn to understand price action. It is a skill like anything else.

      @ThomasWade@ThomasWade Жыл бұрын
  • This is One of the best learning videos I have ever heard. Hats off to you sir. Thank you for the amazing content in this video.

    @sandeeppanwar9823@sandeeppanwar982310 ай бұрын
  • I watched a LOT of videos, this one alone pretty much my top 3 easily. Well done!!!!! 🎉

    @raytee7526@raytee7526 Жыл бұрын
  • this is my new favorite channel. this guys is talking about trading aspects I do not hear on other channels

    @BIGkundalini@BIGkundalini Жыл бұрын
  • Best course about price action second entry ever,even better than macks,no word to describe thank you THOMAS

    @DarkMatter-61@DarkMatter-61 Жыл бұрын
  • Thanks took me around an hour to write and take notes, I am new on crypto! I know I will lose money at first, but all to get more knowledge!! Greetings from Argentina

    @gonzalotaboada5681@gonzalotaboada5681 Жыл бұрын
  • He is very learned. He surveyed many traders and used his greed-o meter and fear-o-meter on them to reveal that the markets do reflect greed and fear. He also surveyed many other traders to understand their edge so he also know that price action will you the "advantage". I think you catch my drift.

    @noelchoh3744@noelchoh3744 Жыл бұрын
  • I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.

    @timothyronald2051@timothyronald2051 Жыл бұрын
  • Once again, incredible presentation and content. Thank you for putting these together!

    @14ttce@14ttce10 ай бұрын
  • Fantastic video loads of great information, I have lost money chasing breakouts for them to then fail to the downside. This style is very similar to "The Strat" which uses broadening formations instead of support and resistance.

    @gwild2927@gwild2927 Жыл бұрын
  • Wow, this amazing lesson. It is well time invested. You will improve after this lesson. Thank you, Thomas.

    @joseneves9625@joseneves96254 ай бұрын
  • in market since 4+ years. didn't find any useful content till now. today i have found your video a perfect understanding video. great work.

    @sagarprajapati1212@sagarprajapati1212 Жыл бұрын
  • Extraordinary explanation. Thank you very much for going through all this wonderful information and for sharing your knowledge. Please take care and keep sharing

    @aslv2009@aslv2009 Жыл бұрын
  • Trading: great information about first and second entries. Trendlines. Bad and good signal bar at entries. Thanks!

    @tomfreem@tomfreem Жыл бұрын
  • Awesome video thank you. This is one of those videos that i have to watch a few times, and make notes. One concept that still get me is the F2ES.

    @wernerherrmann@wernerherrmann Жыл бұрын
  • This information here is GOLD!! Thanks for summarizing all up Thomas.

    @ezet.597@ezet.597 Жыл бұрын
  • Excellent presentation Thomas... Thx 4 consolidating this into a single video... 💰👍😎💲

    @_Randwulf@_Randwulf Жыл бұрын
  • 11:30 Break outs SMT want to intice traders to enter the market so they can take the other side of the trade. 13:12 high probability set up rules 15:30 2nd leg entry.16:50 Up trend. NEW CONCEPT: failed 2nd entry short = bullish buy. 18:45 list of the trading rules. 20:55 First channel break is a trap. Inducing traders to enter trade in the wrong direction . 22:45 2EL and failed 2nd entry short (F2ES). 24:50 Objective is to Capitalize on a Premium or Discount in the market.26:16 first and second entry short going against the trend. SMT attempting to induce traders into panic and bail out allowing them to recapitalize at lower prices. 27:00 price action rules for down trends. 29:45 2ES 2ES then LH and BOOM..

    @jamespaul4618@jamespaul4618 Жыл бұрын
    • RECAP4ME - Enter only high probability trades (HPT) - Price must be trending (Channel) - HPT1 : Enter at pullbacks in direction of trend - HPT2 : Last pullback will test channel (=double bars on LTF = candle wick on HTF = candle was testing channel)...ie EN@last pullback (=Trendline break), TP1@trend peak (New Low) - HPT3 : enter@TP1, exit@trend channel break (=1st breakout of counter trend) -HPT4 : enter@retest(after breakout of HPT3) exit@TP2=2nd breakout of counter trend (use whatever to calculate TP2 eg fib or SR) I agree with all 4 HPT. Although last pullback can be difficult to see if trend channel not drawn accurately. Best to keep buying with trend (trend continuation in channel). Best to buy with new trend (breakout & retest of channel) The latter is MOST safest trade ever ( 100% guaranteed always happens ) i.e. in fib trading it's the leg CD in ABCD pattern ie enter@C (fib61%) to exit@D (fib161%)

      @borntodoit8744@borntodoit87449 ай бұрын
  • this is very nice explanation. I will need to watch again. Thanks for a good content.

    @krengas@krengas6 ай бұрын
  • Thank you for the video, very helpful for beginners who are still learning like me in the NFC community.

    @user-sr6iz3ly4v@user-sr6iz3ly4v5 ай бұрын
  • I came here to get an idea of how to trade utilizing A.I trading bots after hearing a guy on a podcast talk about the importance of A.I bots in trading and how he made $360,000 in 6 months from $50,000. This video has helped to clarify a few things for me, but I'm still puzzled, I'm a rookie, and I'm open to suggestions.

    @Americanpatriot723@Americanpatriot723 Жыл бұрын
    • Investing in stocks is a good idea, a good trading system would allow you to spend many successful days.

      @elizabethyork590@elizabethyork590 Жыл бұрын
    • I've been on both ends of the spectrum, invested on my own for about 3 years, did my own research and analysis before trading, things got pretty tough after the pandemic, just when I was looking for a Investment Advisor for Orientation, it's been over 2 years and I've grown a stagnant reserve from $80,000 to $700,000 in just 24 months.

      @MIchaelGuzman737@MIchaelGuzman737 Жыл бұрын
    • @@MIchaelGuzman737 Interesting. I have a lump sum that does absolutely nothing to my bank account, I want to start something with that. You seem to be doing very well, how do you achieve this?

      @IAMBETTERTHANYYOU@IAMBETTERTHANYYOU Жыл бұрын
    • When "LISA ELLEN SHAW" is trading live there’s no BS or excuses. She wins the tràde you win. You take the loss I promise she’s taking one with you. Having her guide ME through a trade was the breakthrough I needed when it came to managing emotions while holding a position. She's a google-able person, so it shouldn't be hard to find her official webpage as she is prominent.

      @MIchaelGuzman737@MIchaelGuzman737 Жыл бұрын
    • @@MIchaelGuzman737 That's good information, oddly enough i copied her full name and pasted it on my browser, her site popped up immediately, and his credentials are great, thanks for sharing.

      @IAMBETTERTHANYYOU@IAMBETTERTHANYYOU Жыл бұрын
  • This video is sooo helpful like I was in a class and he gave detailed explanation of each and every point. Thank you 😊

    @dipalisirsat1963@dipalisirsat1963 Жыл бұрын
    • Hey Deepali, how are you? Have you studied stock market?

      @veersamthaan332@veersamthaan3325 ай бұрын
  • Thank you so much for making these great videos. You are such a good teacher. Explain everything very clearly...

    @stevefallone@stevefallone11 ай бұрын
  • Thank you very much. I put aside my pride and am ready to learn on the top or at grass roots.

    @Superluckyful@Superluckyful Жыл бұрын
  • I'M NEW TO BTC AND I'VE BEEN MAKING LOSSES TRYING TO MAKE PROFIT MYSELF IN TRADING...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?

    @Harry-tc2fy@Harry-tc2fy Жыл бұрын
    • All you need as a beginner to make good profit from cryptocurrency is a professional trader who will trade on your behalf else you may make losses.

      @naomieharris3367@naomieharris3367 Жыл бұрын
    • That is true, you need an expert trader to make good profit from cryptocurrency trade

      @markfreund8904@markfreund8904 Жыл бұрын
    • And this is the perfect time to invest in cryptocurrency because of the rise in cryptocurrency.

      @markfreund8904@markfreund8904 Жыл бұрын
    • Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor their trade.. I will advice you to stop trading on your own it's very risky. Seek advice of a professional trader.

      @leonardwinston4232@leonardwinston4232 Жыл бұрын
    • @Betty Gilpin I will recommend my current trader Mrs Sally Luis ,, she is from USA and her strategies are earning a lot of profit for me.

      @owoadeenoch2814@owoadeenoch2814 Жыл бұрын
  • I’m originally a Mack student, but I can honestly say your videos have been just as helpful, if not more. Thanks for all of your effort, you are a blessing to the price action community. Much continued success.

    @thecryptohour4107@thecryptohour4107 Жыл бұрын
    • Mack is great! I learned from him and Al Brooks. I just share my view and what has helped me in trading overall.

      @ThomasWade@ThomasWade Жыл бұрын
    • @@ThomasWade You remind me of both of them, but with your own new generation view point. Thanks again fam

      @thecryptohour4107@thecryptohour4107 Жыл бұрын
  • A break only happens once (failures, several times), it's very very important, thank you for all these videos. A French follower

    @jackypeyronnet6153@jackypeyronnet6153 Жыл бұрын
  • Thank you for this amazing video. It is helping me a lot!

    @sarabokello9275@sarabokello92755 ай бұрын
  • Just wanted to say your video’s are amazing, I’ve been trading almost daily for 2 years and I’ve never heard the price action explained like this. With a couple small adjustments it’s taken my game to a whole new level. Cheers!!

    @LorienCameron@LorienCameron Жыл бұрын
    • 🙏

      @ThomasWade@ThomasWade Жыл бұрын
  • Bro thank you so much for this tutorial video. This is gold. I have learned alot about price action trading from this video alone. Keep posting more content related to this topic.

    @venkateshofficial8652@venkateshofficial8652 Жыл бұрын
  • Thanks for the video , had been trading with trendlines and didn’t know it was an actual thing 🙏🏻🙏🏻🤩

    @cash_king-px5qy@cash_king-px5qy Жыл бұрын
  • I'm loving your content! You're one of the best , if not the best price action teacher I've seen! I really appreciate it!

    @OMNIGHOST1@OMNIGHOST1 Жыл бұрын
    • 🙏

      @ThomasWade@ThomasWade Жыл бұрын
  • With what I’ve learned over two decades trading in the market, given enough time, solid investments have the potential to double the initial principal amount, but many investors are instead attracted to the lure of high yields in short periods of time despite the possibility of unattractive losses before even getting out. So the onus is on newbies to beware.

    @jefferiesuenukuterangihoka3749@jefferiesuenukuterangihoka3749 Жыл бұрын
    • How so? I’m interested but with close to no knowledge of how to go about trading.

      @Ferocious923@Ferocious923 Жыл бұрын
    • @@Ferocious923 I work with a pro trade analyst whom has seen to it that I make consistent roi .

      @jefferiesuenukuterangihoka3749@jefferiesuenukuterangihoka3749 Жыл бұрын
    • Leviclemans,info on his webpage you can look him up online, and connect with him.

      @jefferiesuenukuterangihoka3749@jefferiesuenukuterangihoka3749 Жыл бұрын
    • @@jefferiesuenukuterangihoka3749 Oh surely! I'll do that right away!

      @Ferocious923@Ferocious923 Жыл бұрын
    • I tell people to enjoy a comfortable financial future, trading is absolutely essential. It’s not even to be debated lol. As the coronavirus pandemic demonstrated, a seemingly stable economy can be quickly turned on its head, leaving those who weren’t prepared for tough times scrambling for income.

      @Kantor895@Kantor895 Жыл бұрын
  • Great, great, great presentation! I’ve been reading Al Brooks, which can be challenging, but this video has helped tremendously - thank you!

    @bpiedfort@bpiedfort9 ай бұрын
  • You have explained it so well Thankyou. I have saved up your video to watch it again . I get all geared up for trading , but somehow when we do the actual trading , something goes wrong all the time. It looks so simple , but not able to crack , I mean to make consistent profit. Thanks again for your video.

    @shibuthomas1973@shibuthomas197310 ай бұрын
  • this is actually the video any trader need

    @aadghim@aadghim Жыл бұрын
  • Dear Thomas, Wonderfully explained thanks a lot. Content of this tutorial is very good and it has been explained in much simpler language. Keep up the good work. Thanks a ton.

    @ghanshyamgusani9720@ghanshyamgusani9720 Жыл бұрын
  • thank you ............. great knowledge .

    @torresnicolas7632@torresnicolas76326 күн бұрын
  • Wow! This is such great information. Thank you so much for taking the time to put together such a detailed, informative video and providing it on this platform.

    @shaedyk1671@shaedyk1671 Жыл бұрын
  • Now that was a good video. Thanks Wade.

    @spoolbus73@spoolbus73 Жыл бұрын
  • HELLO 👋👋I'M NEW TO CRYPTO CURRENCY TRADING AND I'VE BEEN MAKING LOSSES TRYING TO MAKE PROFIT MYSELF IN TRADING...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?

    @victoriaclair@victoriaclair Жыл бұрын
    • All you need as a beginner to make good profit from cryptocurrency is a professional trader who will trade on your behalf else you may make losses.

      @butleraidan@butleraidan Жыл бұрын
    • @lite john How can someone know a professional trader that is trustworthy when legit ones are hard to find this days.

      @victoriaclair@victoriaclair Жыл бұрын
    • @lite john How much can she make for you in every trade she does.😏

      @victoriaclair@victoriaclair Жыл бұрын
    • @lite john Wow this is really helpful for my situation!! Thanks guys I will try her.

      @victoriaclair@victoriaclair Жыл бұрын
    • @lite john Wow I'm just shock you mentioned and recommended Expert Mrs Jennifer Watson

      @lethaboannika@lethaboannika Жыл бұрын
  • Wow, just wow. This is by far the best video/channel on YT. Thanks

    @iavadin9601@iavadin9601 Жыл бұрын
  • Thank you so much man you help a lot of new traders. Bless you

    @bigdaddydraco@bigdaddydraco Жыл бұрын
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