I watched everything he has put out on youtube for free and was basically profitable right away. And, he is such a nice guy to spend time with (virtually). Point by point, logical and fun. Happy trading.
You go, that's about where I am at the moment and seems surreal but thanks to Ross's videos and emphasis on discipline and consistency it's finally happening! A great book I'd highly recommend also is Day Trading for a Living by Andrew Aziz, fantastic and similar stuff from someone who's done it
So helpful Ross, my problem exactly ....holding losers too long and selling winners too soon. Your advice at the end along with the whole lesson could be a game changer. THANK YOU!!!
While I likely won’t trade using any of these alternative indicators/chart types, I really appreciate that you explain them in such detail. It’s a great depth of knowledge I’d likely never have gotten otherwise. Aside from watching your videos, I’d never get around to looking up these tools on my own. The list of studies, indicators, chart types, etc are overwhelming and I tend to stick with only what I already know. Sitting back on my downtime and watching your vids is a great opportunity to gain a little more understanding of things that otherwise would have been lost to me. Thank you!
THANK YOU so much the time it' takes you to break it down FURTHER than anyone on YT is so appreciated and valuable. Totally love the whiteboard others make a bunch of scribbles with their mouse instead of how you present it to us nice and clean on a whiteboard. Just wanted to give a genuine compliment well deserved
I started using the traditional candlestick charts because of the clear indication of entries and exits. I tried using HA candlesticks before, but now it almost seems like it would be very beneficial to have a HA chart below a traditional chart like in your examples. I think MACD is a good indicator of trend also, but I've noticed sometimes it won't cross over to negative until it's on the backside of the move and it can start converging, but will end up pushing higher.
🙏Thank you Ross for diving deeper into Taking profits and to where to get out of the pullback trades. This has been something I think us the students have struggled with silently and alot of traders as well outside our team have struggled with. Most traders know where to get out more than where to place their target. Thank you, you are an amazing teacher and just relentless with these helpful life changing videos. Beyond grateful for learning the 1 Minute pull back strategy that has now changed my family's life and we are simply able to live life financially stress free from the strategy taught by you and your team. Thank you. 🙏
Happy 4th of July Ross and everyone! Thank you Ross so much for your hard work and your daily recaps. I’m learning so much from your educational videos and taking notes! I tried your scanners for two weeks and they are awesome. I’m planning to commit for the monthly subscription. You are a true blessing.
Thanks, Ross. Can you do a video on the dangers of chasing. The reason I ask is that as soon as I stopped doing it I started getting more winners. I understand most of the logic, but I think we could all benefit from your clarity and detail on the subject.
I haven’t been actively trading much, just studying and practicing when I have the time, but I don’t feel like we have those clean pullback setups all that much anymore. Every time I’ve seen a good stock and waited for a pullback it seems like it dumps after the first red candle. Had much more success jumping in on a slow green candle during a fast move. It’s possible those are pullbacks on 10 second charts but I don’t have access to those. Thanks ToS.
I was using HA candles but found I can accomplish the same goal of staying in the trade longer by using Hull moving averages. I usually use 2, the 10/20 or the 8/16. I agree the HA charts offer benefits but entries and exits can bite as HA charts run a candle behind Japanese candles. HA charts do work well during the run. Like many of you, I too like Ross’s videos.
I like these haikenashi with Bollinger with Keltner bands and 5/8/20 ema, finding entry off bands squeezing together and entering off macd flippage and 5/20ema cross up. Someone somewhere setup a slick deviation bands addition to Bollinger bands creating almost rigid entries system. As ya said those candles throw me off with the wicks being mixed up with regular candle traits. Great for as you said identifying smoother movement, renko also helps identify waves for Elliot wave too but shorter frames are needed for resolution. Cheers love your channel learning a ton
Great video Ross. Very useful. From an Elliott wave perspective you are being alerted by a wave 3 move up and then you wait for the wave 4 pull back to buy in to capture wave 5 up. Very ingenious as there will almost always be a sizable wave 5 move before a more major correction. Wave 3's tend to be larger than wave 5's for stocks but for metals the wave 5 is usually larger than 3 so maybe some larger opportunities can be found there from time to time.
Dude! I was actually thinking about reaching out to you through a DM to ask about this after selling TSLA contracts at the end of the day - turned a profit, but I was really debating holding longer. Love your videos, thanks for posting!
I like to use Elliot wave and supply and demand zones to identify larger trends, and I usually trade setups off of wave 3 impulses and begin to trim profits after the 1 to 1.618 extension as wave 4 pullbacks are often choppy and range bound theta killers, and thats confirmed to likely be after a zig zag correction on wave 2. Basically riding the most volatile wave and exiting on momentum divergence going into wave 4, unless its a lower frame cycle. Another I like is when an impulse actually begins with 3 waves, indicating a flat or expanded flat 335 correction l, which will retrace up to 100 percent even 1.32x and have false breaks. Usually after a long bearish trend to all time low you can expect 3 wave corrective moves either as pullbacks, or a bottoming combination pattern resetting the motive trends to traditional 5 wave impulses.
Thanks Ross. I love the HK candles, they are great for seeing patterns and trends. But as a relatively new trader I focus on regular candles, I found it more difficult to learn two different candle stick charts at the same time. But using the two different charts together can make a difference for the experienced traders.
TD SEQUENTIAL indicator awould also make a great video. When it's triggered to actually show on the chart after 7 candles in a trend, its a really helpful reminder to watch for the reversal with the 9th candle. HA as a sub chart with TDS on the main chart are the 2 indicators I started using recently for exactly the reason you're talking about
Appreciate the insight! Do you have a video of how you set up the scripts to sell a portion of your position? It looks like the default settings will sell the entire position.
Do you mean scripts or the hotkeys? He doesn't use scripts, he does it all manually, just freaking quickly. How to set up custom hot keys depends on the platform you are using and your preferred setting (sell on ask/sell on bid for example). You'd probably be better off searching for hotkey tutorials for your preferred platform, rather than any specific trader that might prefer another one ;).
Seems like most videos I watch from Ross is how he says that the 3rd or 4th pull back you shouldn't take as that's when the trend is ending. And often enough on his examples, sure enough price fades the rest of the day... imo that seems to be the play. To short that fade.
Been using these candlesticks for years and was hoping you'd do a video on them since I like your strategies a lot. One remaining question I have is: If the MACD crosses below on the 5 minute chart but is still above on the 1 minute chart, which do you go by? Is the cross below on the 5 minute MACD more telling than the 1 minute?
IMO I love when they are both above and the price is above the 200 on the 10sec chart. From Ross’s previous videos, he mostly shows MacD on the 1min chart, he doesn’t seem to talk about using it on the 5.
Hey Ross I am thinking about starting my own bussiness and learning trading at the same time. I have a friend who is a successful trader and he will be my mentor. He says I will learn to trade for 6months under him where I will not use any real money. I dont know if I can learn tradinh and start my own bussiness at the same time.Please give me some advice.
Hey! I absolutely love your content. I’m currently in my learning stage of trading and was wondering if you host 1 on 1 classes? I own my own gaming company so have plenty of time to trade on the side and would love a good mentor. If not I will have to check out your purchasable classes. I’ve also been listening to your book, very interesting how you got down to $20k and needed to see your cars Hope to hear back Thank you 🙏
While Heiken Ashi candlesticks will help to ensure you don't exit parabolic winners too soon, they will also cause you to exit a modest winner later than you should. Which is more common? The latter. So how do you deal with this, Ross? Thanks.
@@DaytradeWarrior so basically utilize the Heiken Ashi candlesticks once you’re down to the last portion of your position..? This makes sense. Thanks for responding.
DOWNLOAD the Complete Micro Pullback Strategy PDF here 🍏 warrior.app/mini-lesson-download
Thank you! ❤🎉😊
The overall quality of Ross's videos are unmatched. I can watch his videos all day.
I watched everything he has put out on youtube for free and was basically profitable right away. And, he is such a nice guy to spend time with (virtually). Point by point, logical and fun. Happy trading.
Bro I’m 51 for 60 on trades from watching you, studying and using some software I have. Keep the content coming your education is unmatched 💯💯💪🏽
wow!!! ❤
You go, that's about where I am at the moment and seems surreal but thanks to Ross's videos and emphasis on discipline and consistency it's finally happening! A great book I'd highly recommend also is Day Trading for a Living by Andrew Aziz, fantastic and similar stuff from someone who's done it
So helpful Ross, my problem exactly ....holding losers too long and selling winners too soon. Your advice at the end along with the whole lesson could be a game changer. THANK YOU!!!
My issues getting in and out instead of holding …making 15 green trades and then two red wiping out all the green, thanks Ross for more great info!
While I likely won’t trade using any of these alternative indicators/chart types, I really appreciate that you explain them in such detail. It’s a great depth of knowledge I’d likely never have gotten otherwise. Aside from watching your videos, I’d never get around to looking up these tools on my own. The list of studies, indicators, chart types, etc are overwhelming and I tend to stick with only what I already know. Sitting back on my downtime and watching your vids is a great opportunity to gain a little more understanding of things that otherwise would have been lost to me. Thank you!
Buddy u rock, ur videos rock, ur results aren't typical so is ur teaching no wonder ur bad days aren't even my gd days
THANK YOU so much the time it' takes you to break it down FURTHER than anyone on YT is so appreciated and valuable. Totally love the whiteboard others make a bunch of scribbles with their mouse instead of how you present it to us nice and clean on a whiteboard. Just wanted to give a genuine compliment well deserved
I started using the traditional candlestick charts because of the clear indication of entries and exits. I tried using HA candlesticks before, but now it almost seems like it would be very beneficial to have a HA chart below a traditional chart like in your examples. I think MACD is a good indicator of trend also, but I've noticed sometimes it won't cross over to negative until it's on the backside of the move and it can start converging, but will end up pushing higher.
🙏Thank you Ross for diving deeper into Taking profits and to where to get out of the pullback trades. This has been something I think us the students have struggled with silently and alot of traders as well outside our team have struggled with. Most traders know where to get out more than where to place their target. Thank you, you are an amazing teacher and just relentless with these helpful life changing videos. Beyond grateful for learning the 1 Minute pull back strategy that has now changed my family's life and we are simply able to live life financially stress free from the strategy taught by you and your team. Thank you. 🙏
What an amazing video. Thanks for always helping us!!!!
That was the best explanation of the indicator I’ve ever seen. Great work.
Wow ! This is a very good video showing the differences between the 2 candle types. Wish I had known about this sooner. thank you Boss Ross !
Happy 4th of July Ross and everyone! Thank you Ross so much for your hard work and your daily recaps. I’m learning so much from your educational videos and taking notes! I tried your scanners for two weeks and they are awesome. I’m planning to commit for the monthly subscription. You are a true blessing.
Happy July 4th, thanks for all the training!
Spending my Independence Day binging and learning from Ross so I can be financially independent. Top Notch education!
Hold on, it's a wild ride!
Thanks, Ross. Can you do a video on the dangers of chasing. The reason I ask is that as soon as I stopped doing it I started getting more winners. I understand most of the logic, but I think we could all benefit from your clarity and detail on the subject.
I haven’t been actively trading much, just studying and practicing when I have the time, but I don’t feel like we have those clean pullback setups all that much anymore. Every time I’ve seen a good stock and waited for a pullback it seems like it dumps after the first red candle. Had much more success jumping in on a slow green candle during a fast move. It’s possible those are pullbacks on 10 second charts but I don’t have access to those. Thanks ToS.
I needed this more than anything. This is my biggest problem.
Thanks for this video. Just yesterday I started trying out other candle patterns, to eliminate the emotions of seeing those fakeout candles.
These are the videos I like. Serious trading and not that meme stock junk. Keep 'em coming Ross!!
I was using HA candles but found I can accomplish the same goal of staying in the trade longer by using Hull moving averages. I usually use 2, the 10/20 or the 8/16. I agree the HA charts offer benefits but entries and exits can bite as HA charts run a candle behind Japanese candles. HA charts do work well during the run. Like many of you, I too like Ross’s videos.
I like these haikenashi with Bollinger with Keltner bands and 5/8/20 ema, finding entry off bands squeezing together and entering off macd flippage and 5/20ema cross up.
Someone somewhere setup a slick deviation bands addition to Bollinger bands creating almost rigid entries system. As ya said those candles throw me off with the wicks being mixed up with regular candle traits. Great for as you said identifying smoother movement, renko also helps identify waves for Elliot wave too but shorter frames are needed for resolution. Cheers love your channel learning a ton
Thanks Ross. I've been holding til price returns to VWAP but this seems to be a more efficient way.
Great video Ross. Very useful. From an Elliott wave perspective you are being alerted by a wave 3 move up and then you wait for the wave 4 pull back to buy in to capture wave 5 up. Very ingenious as there will almost always be a sizable wave 5 move before a more major correction. Wave 3's tend to be larger than wave 5's for stocks but for metals the wave 5 is usually larger than 3 so maybe some larger opportunities can be found there from time to time.
Dude! I was actually thinking about reaching out to you through a DM to ask about this after selling TSLA contracts at the end of the day - turned a profit, but I was really debating holding longer. Love your videos, thanks for posting!
You can use TSLT is TSLA less expensive version
Another great video. Thank you isn't enough Ross. Enjoy your 4th!
2:10 23:25 25:00 25:10** 25:35 26:47
Life changing.
This indicator helped me so much today !!! Thank you so much ❤
Fun fact:
"Heikin-ashi" is pronounced " Hey keen Ah she"
It means the average step
yes! thank you! it drives me crazy how people keep pronouncing it "haken"??? its "HEY, KEEN"
How has everyones progress been since learning these amazing strategies?
I like to use Elliot wave and supply and demand zones to identify larger trends, and I usually trade setups off of wave 3 impulses and begin to trim profits after the 1 to 1.618 extension as wave 4 pullbacks are often choppy and range bound theta killers, and thats confirmed to likely be after a zig zag correction on wave 2.
Basically riding the most volatile wave and exiting on momentum divergence going into wave 4, unless its a lower frame cycle.
Another I like is when an impulse actually begins with 3 waves, indicating a flat or expanded flat 335 correction l, which will retrace up to 100 percent even 1.32x and have false breaks. Usually after a long bearish trend to all time low you can expect 3 wave corrective moves either as pullbacks, or a bottoming combination pattern resetting the motive trends to traditional 5 wave impulses.
Holy molly bro! You know things 👍
This is probably why I occasionally peek at super low timeframes with Heiken Ashi candles, sometimes even 1-5 second charts
Thanks Ross. I love the HK candles, they are great for seeing patterns and trends. But as a relatively new trader I focus on regular candles, I found it more difficult to learn two different candle stick charts at the same time.
But using the two different charts together can make a difference for the experienced traders.
TD SEQUENTIAL indicator awould also make a great video. When it's triggered to actually show on the chart after 7 candles in a trend, its a really helpful reminder to watch for the reversal with the 9th candle. HA as a sub chart with TDS on the main chart are the 2 indicators I started using recently for exactly the reason you're talking about
Thoughts on MAXN? Over 50% short rn
thanks ross. can you do a video on how to build hot keys?
Can you recommend any particular stock scanners? Another informative video. Thanks! 🙏
You can check out the Day Trade Dash Scanners Ross uses here: www.warriortrading.com/scanners/
Green Day shirt! 🔥 going to see them in Sept! 🎸
Isolated pivots, love those too. ❤
Thank you! Excellent content!
Interesting, never heard of heiken ashi.
So the micro pullback…
You buy when the first green candle makes a new high. Do you include the wick of the previous red candle or only the body?
Appreciate the insight! Do you have a video of how you set up the scripts to sell a portion of your position? It looks like the default settings will sell the entire position.
Do you mean scripts or the hotkeys? He doesn't use scripts, he does it all manually, just freaking quickly. How to set up custom hot keys depends on the platform you are using and your preferred setting (sell on ask/sell on bid for example). You'd probably be better off searching for hotkey tutorials for your preferred platform, rather than any specific trader that might prefer another one ;).
Seems like most videos I watch from Ross is how he says that the 3rd or 4th pull back you shouldn't take as that's when the trend is ending. And often enough on his examples, sure enough price fades the rest of the day... imo that seems to be the play. To short that fade.
Been using these candlesticks for years and was hoping you'd do a video on them since I like your strategies a lot.
One remaining question I have is: If the MACD crosses below on the 5 minute chart but is still above on the 1 minute chart, which do you go by? Is the cross below on the 5 minute MACD more telling than the 1 minute?
IMO I love when they are both above and the price is above the 200 on the 10sec chart. From Ross’s previous videos, he mostly shows MacD on the 1min chart, he doesn’t seem to talk about using it on the 5.
Im more of a swing trader and Im wondering if this will help on hourly, daily, or weekly charts...time to back test.
Hey Ross does volume appear before price action occurs? Or do they appear simultaneously?
Hey good video, I see you use hollow candles, do you prefer them over solid??
u are the bestttttttt
Ross so like using Volume Profile Candles? I've been using them lately and I really like them
Hey Ross I am thinking about starting my own bussiness and learning trading at the same time. I have a friend who is a successful trader and he will be my mentor. He says I will learn to trade for 6months under him where I will not use any real money. I dont know if I can learn tradinh and start my own bussiness at the same time.Please give me some advice.
Sir kindly make yourself available for copy trading. It would help people learn in real time with real money ..
Thanks ross.
Thanks Ross
Interesting......
But trying to squeeze every bit of profit out of a move isn't worth it to me.
Finally!
Hey! I absolutely love your content. I’m currently in my learning stage of trading and was wondering if you host 1 on 1 classes?
I own my own gaming company so have plenty of time to trade on the side and would love a good mentor.
If not I will have to check out your purchasable classes.
I’ve also been listening to your book, very interesting how you got down to $20k and needed to see your cars
Hope to hear back
Thank you 🙏
do u buy ur subscribers tendies up in the morning or do u actually help us. seriously thinking about dropping the $200
Hi Ross what are your thoughts on the better indicator to implement for exit confluence? MACD or heiken ashi candles
They both could work, it's more important to take a consistent approach and tweak from there.
I use regular for 1 min and Heikanashi for my 5 minute chart when in a trade
Please give link to download this pdf of heikin ashi you are using in the video
You misspelled hodl
I see you are a nice traditional day trader.
great shirt today.
I really should’ve rewatched this video. I sold SNGX around $5 for only a 5% profit. It is currently up 424% today
13:19 13:33 mrbeast voice???
While Heiken Ashi candlesticks will help to ensure you don't exit parabolic winners too soon, they will also cause you to exit a modest winner later than you should. Which is more common? The latter. So how do you deal with this, Ross? Thanks.
I scale out and try to hold the last piece as long as I can.
@@DaytradeWarrior so basically utilize the Heiken Ashi candlesticks once you’re down to the last portion of your position..? This makes sense. Thanks for responding.
Is this available on Dash?
Draw a crack in that bell, it's July 4th :)
Wht happened at the new york forex session, wht news hit tht markets like tht , it was all the sudden booom
Could a candle being red on a candlestick chart and green on a Heikin Ashi chart be considered a divergence?
Yes that’s a divergence and I’d typically defer to the traditional candlestick chart
Today I only got an 1/8 of a move up and I had major fomo, I hope this works.
I know the feeling!
good luck and bad luck in there. What happens?
🎉
🐭
Must of been a trade a few weeks ago because MLGO is not at that price
Maybe he took the day off. I hope so!
🎉