How to Effectively Trade the Hourly Chart

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  • Опубликовано: 14 окт 2024

Комментарии • 82

  • @The-Glitch-
    @The-Glitch- 6 лет назад +2

    I put my like instantly when I heard zero sales pitch. Man, you are so down to earth and your gap trading videos really change the way I traded markets. Plus it also says, intraday isn’t a unicorn thing. Thousand cheers

  • @JeffMooreTM
    @JeffMooreTM 6 лет назад +3

    You explained trading the hourly charts really well. I'll remember this for next time! Keep up the great videos...

  • @chandanchatt
    @chandanchatt 7 лет назад +4

    Your Walk through analysis is best in the whole world... Love it.. :)

    • @RealLifeTrading
      @RealLifeTrading  7 лет назад

      AHH! That is VERY kind of you to say. Thank you!! :-) You totally rock.

  • @walterharris1301
    @walterharris1301 4 года назад +2

    Thank for your training I need to learn this to feed myself so I can not worry about a job laying me off. 🙏🙏🙏👍👍👍

  • @Rosetrain
    @Rosetrain 2 года назад +1

    Fantastic content. I really appreciate it.

  • @DerpOtron9k
    @DerpOtron9k 7 лет назад +1

    Really enjoying the videos, man. Thanks. I'm in it for the long haul!

    • @RealLifeTrading
      @RealLifeTrading  7 лет назад +1

      HECK YES! Thank you for the kind comments. :-)

  • @mauriciomoreno5818
    @mauriciomoreno5818 6 лет назад +1

    Another great one Jerremy!! Thanks!!! Let me tell you, I´ve been looking a the markets a kind of studying Technical analisys for a couple of years. Finally this year i took the decision and put some real money on the line. I´ve been live trading 2 weeks, making each and every mistake you mention on your videos LOL!! I´ve got work very seriously on my patience and risk mitigation... Well, hoping to make some improvements ASAP. Thanks a lost for your help!!!! Abrazo!!! going right to video #4!!

    • @RealLifeTrading
      @RealLifeTrading  6 лет назад +1

      Mauricio Moreno Excellent! I appreciate you watching these!! It’s been a blast reading your comments. Keep it up =}
      Excited
      To see your progress

  • @lcvwj2949
    @lcvwj2949 Год назад

    Great teaching. Thanks again.

    • @RealLifeTrading
      @RealLifeTrading  Год назад

      Glad it was helpful! Thanks for watching and commenting.

  • @sammsamuels
    @sammsamuels 6 лет назад +3

    One thing we can be sure of is that support and resistance aren't exact points in the chart, they're areas. Areas where price may or may not have a reaction to. Great Video by the way. As always!

  • @luksimoens5903
    @luksimoens5903 7 лет назад +2

    I am confused. In one of your earlier lessons you mentioned that 1R should not exceed 2% of your cash account value. Now let's assume it's 2% in your example on GE, that would mean your account is worth 10 000 $. However if you buy 384 shares at 31,43 $ you need 12 069,12 $. What am I overlooking here?
    Btw, love your way of teaching, full of love-life-energy. Keep up the good work, I appreciate it.

    • @RealLifeTrading
      @RealLifeTrading  7 лет назад +1

      Luk Simoens Great question and thanks for the kind comment too. :-) Risk [your R] should realistically be between 1-2%. In a situation like this, one could either lower the R or increase the stop. AND or, use margin if it's available. Because even if your investment size is large, ones risk in this scenario would still be VERY close to $200 (2% of 10k). So investment size and risk size are 2 different things. :)

  • @socialdave99
    @socialdave99 7 лет назад +1

    enriching, insightful, excellent on all points; totally awesome dude! Thank you. I gonna watch more and more........

    • @RealLifeTrading
      @RealLifeTrading  7 лет назад +1

      skyhigh heck yeah! Thank you very much for those kind words, I really appreciate it. :) I will then look forward to your questions and your progress! =}

    • @socialdave99
      @socialdave99 7 лет назад

      What makes a better Support and Resistance: Trendlines, Price Levels, Pitchforks, or Moving Averages? Or does it depend on certain conditions at the time? I just buy Higher or Lower, not Spreads. I want to learn that soon. I use TOS for viewing instruments and, for now, I am focusing on EUR/USD exclusively.

    • @RealLifeTrading
      @RealLifeTrading  7 лет назад

      DEPENDS! ;-) If it's in an unquestionable trend / direction, moving averages are really strong. Otherwise, price levels are usually THE Strongest. :-) In the case of EURUSD, it's been in a channel for almost 3 years. Therefore moving averages won't add any value. Price levels will be key www.tradingview.com/x/dZH6v5PR/

    • @socialdave99
      @socialdave99 7 лет назад

      Your reply is very helpful. This weekend I will go through the beginner trading on your website. I found your YT channel by seeing the title Insanely Simple Moving Average Strategy, and got a lot out of that video. Another question: how important are Round Price Numbers (1.1050, 1.1100), and Round Times (9:00, 9:30)?

    • @RealLifeTrading
      @RealLifeTrading  7 лет назад +1

      I don't pay any attention to round price numbers or round times. :-) BUT - thank you for your kind words!! I appreciate it!!

  • @leannenitheimhneain7517
    @leannenitheimhneain7517 6 лет назад +2

    When Drawing out your support and resistance lines, do you recommend drawing them from the daily chart and then working the hourly chart, or just drawing them on the hourly chart in the most recent zones?

    • @RealLifeTrading
      @RealLifeTrading  6 лет назад +3

      Hi Leanne Burke . Great question. Initially start with the daily chart. 3-5 Years showing and draw 3-5 lines max. Then zoom into your hourly with 3-5 months showing max. And then draw 2-3 lines in the hour =}

    • @leannenitheimhneain7517
      @leannenitheimhneain7517 6 лет назад +1

      perfect thank you :)

    • @RealLifeTrading
      @RealLifeTrading  6 лет назад

      Leanne Burke my pleasure

  • @Naturesbeautyfloraandfauna
    @Naturesbeautyfloraandfauna 3 года назад +1

    Why you stop making such type of videos . This teaching is excellent no one teaches like that .I am earning my livelihood .

  • @Blackbelt1
    @Blackbelt1 2 года назад

    Thank you another great video.

  • @cnozby4b69
    @cnozby4b69 5 лет назад

    Hay Jerremy great vid once again just one question
    You mentioned your entry on the star reversal but I don’t think you mentioned your entry on the tweezer bottoms/tops
    Hope you can help
    Regards
    Kurt

  • @realloreal
    @realloreal 7 лет назад +4

    what a treat to start my new year....2017 I need to actually start my 1st trade..

    • @realloreal
      @realloreal 7 лет назад +2

      I'll ne watching all your video,,straight for the new year.

    • @RealLifeTrading
      @RealLifeTrading  7 лет назад +1

      EXCELLENT! We're very excited and I am pumped to help you with that and celebrate your action taking! :)

    • @RealLifeTrading
      @RealLifeTrading  7 лет назад +1

      Have you placed that first trade yet Lori?

    • @realloreal
      @realloreal 7 лет назад

      No i have not...

    • @cvorg5228
      @cvorg5228 5 лет назад

      Have u placed the trades yet?

  • @thomas4580
    @thomas4580 5 лет назад +1

    Great Lesson Man

  • @Lunkyful
    @Lunkyful 5 лет назад +3

    I'm learning Forex and I love using hourly timeframe. 😁

  • @walterharris6311
    @walterharris6311 2 года назад

    Great video

  • @killerbeest1
    @killerbeest1 7 лет назад +1

    HAHA, GPRO did bounce off that 9.04 area. Is GPRO forming a "star reversal pattern" right now? and could you potentially buy on Monday when it breaks 9,42?

    • @RealLifeTrading
      @RealLifeTrading  7 лет назад

      yourik van beek yep! :-) A great bounce. =] At Least a solid one to watch!!!

  • @russroberts6825
    @russroberts6825 5 лет назад

    Can one white soldier be used for multiple time frames, or best used for daily charts?

  • @bemack13
    @bemack13 7 лет назад

    How would you scan fo these types of patterns on think or swim?

    • @RealLifeTrading
      @RealLifeTrading  7 лет назад

      Use their scanner. :-) It's "okay" No real scanner picks up on patterns perfectly. They have A LOT of tutorial videos on their scanners/ platforms

    • @bemack13
      @bemack13 7 лет назад

      How do I know which scanner to choose from? For instance, how would I know how to scan for the tweezer tops?

    • @RealLifeTrading
      @RealLifeTrading  7 лет назад +1

      How to do you know which car to drive, who to marry, which house to live in and which restaurant to eat at? At some point, you've gotta pick and go with it. :) Find which one you LIKE the best, which one makes the most sense to you and understand the market rewards the specialist.

  • @martinshively6023
    @martinshively6023 5 лет назад +7

    I see you like shaved bottoms...
    Personally, I like bottoms that do not require shaving.

  • @harishkr3257
    @harishkr3257 7 лет назад

    I noticed u dont give much weight to VOlumes??

    • @RealLifeTrading
      @RealLifeTrading  7 лет назад +1

      Harish kr The volume bars are at the bottom of my screen. I discuss volume in depth and often in my reviews and live classes / trade set ups. I agree! It is important:)

    • @harishkr3257
      @harishkr3257 7 лет назад +1

      Real Life Trading Thanx so much... watching ur videos.... they r awesome. Followed u on twitter to as @harrie007

    • @RealLifeTrading
      @RealLifeTrading  7 лет назад

      My pleasure. I really appreciate the follow and the kind comments. YOU totally rock! =-)

  • @omarcontreras8153
    @omarcontreras8153 7 лет назад

    Vid done😄 👍

  • @jkreutzer7587
    @jkreutzer7587 5 лет назад

    If there's anything to take from this video 53:10

  • @shyunjizki
    @shyunjizki 5 лет назад +1

    rapper hand

  • @marciatowberman7800
    @marciatowberman7800 7 лет назад

    If you work for the IRS, you should hide under your bed and pray NO ONE FINDS YOU!

  • @007380
    @007380 3 года назад +1

    Are you HIGH?

  • @asherrichards9661
    @asherrichards9661 2 года назад

    Intro too annoying to watch content

  • @robbradley1337
    @robbradley1337 7 лет назад

    You really should stop teaching like you are talking to kindergarteners. "Does 1 = 1?...anybody?......Yep! One does in fact equal one." That isn't helping anyone! If you could stop doing that one thing in every single video you make, you'd be fun to watch. I know you have knowledge up in that coconut, so I suffer through the elementary school teacher bit, to try to get at it. It's not easy.

    • @RealLifeTrading
      @RealLifeTrading  7 лет назад +1

      Rob Bradley Great feedback sir. Thanks for sharing :)

  • @georgetopping2069
    @georgetopping2069 4 года назад

    .... .... .... .... just skip to 4 1/2 min in.

    • @RealLifeTrading
      @RealLifeTrading  4 года назад

      George Topping 🤣🤣😂😂😂👍🏻👍🏻