Master Breakout Trading (Advanced Lesson)

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  • Опубликовано: 26 янв 2025

Комментарии • 329

  • @thetradingchannel
    @thetradingchannel  3 года назад +6

    EXTREMELY IMPORTANT PSA: There are a number of accounts using our name and profile picture to pretend to be me and steal money from viewers. 1 - I do not have a Telegram, Whatsapp, or Discord account. 2 - I will NEVER ask you for money. 3 - I will NEVER ask for money/cryptocurrency and say I will trade for you. 4 - I will NEVER ask you for a payment in any cryptocurrency. 5 - DO NOT COMMUNICATE WITH THESE ACCOUNTS. They are pretending to be me and trying to steal your money. I currently have two full-time employees that delete these comments daily. But, some still get through. So, please be extremely careful and never give someone cryptocurrency or money that is pretending to be me. AGAIN, I DO NOT HAVE A TELEGRAM, WHATSAPP, OR DISCORD ACCOUNT, I WILL NEVER ASK YOU FOR MONEY OR TRADE FOR YOU, I WILL NEVER ASK YOU FOR A PAYMENT IN CRYPTO. DO NOT COMMUNICATE WITH THESE ACCOUNTS.
    Also, there are a number of fake IG accounts doing the same exact thing. The ONLY Instagram accounts we run are @stevenkiethhart and @thetradingchannel anything else is not me/us.
    Other than that, I hope you enjoy the video! If you want to learn from us and would like to learn more advanced material then join our VIP training course/program. Go to www.eaptrainingprogram.com
    PROGRAM INCLUDES:
    Full training course (beginner to advanced)
    Technical analysis training
    Full rules-based Strategies
    Risk management training
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    Weekly analysis video (each Monday)
    3 to 5 email alerts each week
    Pro Trader Report (email of analysis)
    Priority email mentorship (Me personally answering your questions)
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    And much much more...
    For any questions about the course email - support@thetradingchannel.net
    PROGRAM ACCESS - www.eaptrainingprogram.com
    Talk soon,
    Your honest trading coach,
    Steven

  • @hambonejones6204
    @hambonejones6204 5 лет назад +112

    If only people realised this was literally the best channel on RUclips, helps you gain trading success = financial success = freedom from stress of paying your way through life with a traditional job working for somebody else

  • @RahShanProductionsMTU
    @RahShanProductionsMTU 4 года назад +43

    Dude you’re my go to when I want to see something explained thoroughly on RUclips. You’re a good instructor.

    • @BiggestGP
      @BiggestGP 4 года назад +1

      You haven't heard ICT Trader then :D ...

  • @a.i.dimmer4616
    @a.i.dimmer4616 5 лет назад +2

    The clearer the mindset of the person teaching the clearer his explanation..this is an underrated channel for trading.

    • @aaminakhan3573
      @aaminakhan3573 5 лет назад

      How do I determine the trend breakout?
      Which way is the market moving? Where are the important support and resistance levels? These are entry level questions, and the answers are simple, but traders are searching for a deep complex answer not taking in the vital information right in front of them on the plain chart. My goal isn’t to deter anybody from trading FOREX, nor am I insinuating
      that there isn’t money to be made in currency trading. In fact, it is the opposite but if you want to be profitable then get a system that works like the IQD Momentum strategy from lukasz wilhelm .

  • @emekaegwim3185
    @emekaegwim3185 5 лет назад +45

    How i wish trading was this simple and understandable. I love this bro.

  • @Aus_Dan
    @Aus_Dan 5 лет назад +11

    They way you articulate your lessons are second to none.
    Can’t wait to get home and backtest.

    • @Aus_Dan
      @Aus_Dan 4 года назад

      Adams Khoo lol your calling this guy a scammer? With your copy and paste marketing sales pitch, you ain’t getting commissions from me champ.

  • @troyknight8199
    @troyknight8199 5 лет назад +23

    Amazing amazing video (ALWAYS from you Steve). So useful. You are a great teacher and it awesome what you do for the trading community. As soon as you publish a video I watch it. I love it.
    7 hours since publishing and 2,183 views, well done Steve.
    It always amazes me how out of those watching only 10% hit the like button. Team Steve works very hard on these videos the most simple thing you can do is hit the LIKE button as a form of gratitude (no I am not a student of Steve's (YET))!!!!
    Regardless BIG BIG THANK YOU from me Steve and a huge thumbs up. I LOVE your work!!!!

  • @AlexTradingTips
    @AlexTradingTips 2 года назад +1

    I've backtested this with 100 across multiple forex markets and god damn, it's like magic!

  • @seedsnrootspieper9723
    @seedsnrootspieper9723 5 лет назад +7

    Must Watch! I have dedicated a whole weeks worth of watch hours on your content. I will watch your videos nonstop until it starts to make sense. Thank you so much for sharing your hard work and effort with us.

  • @andychau3835
    @andychau3835 5 лет назад +13

    I have been with Steven's course more than a year now. It was a turning point for me to really understand what trading is all about.
    I have learned the most important skill as a trader. To become successful, we need to know our edge really work. Steven provide a very practical framework to transform people to that stage.
    Thanks Steven,
    Andy

    • @foodiechef62
      @foodiechef62 5 лет назад

      What is your winrate?

    • @bbanks4351
      @bbanks4351 4 года назад

      Movie Time I think it’s a bot

  • @mosesola2618
    @mosesola2618 5 лет назад

    I am glad that I subscribed to the Pro Trader Report to test it for a month. I trade this with my own trade plan which gave me a good return. I stop it because I want more than that, I want to join the EAP programme. Thank you, Steven, Shalom!

  • @rajatrastogi9234
    @rajatrastogi9234 5 лет назад +4

    Mr champ u are... very much different n unique from other traders..such a masterpiece

  • @mkaberli
    @mkaberli 4 года назад

    Good information. This video saved month, maybe years of frustration and losing trades. Furthermore, the info was presented very well.

  • @isaacclaydonrajah7453
    @isaacclaydonrajah7453 2 года назад

    Watched this twice, apply it and profited 40 pips. Great lesson!

  • @svetoslavchilingirov3858
    @svetoslavchilingirov3858 5 лет назад +1

    I've been learning to trade from about 2 years now. The EAP course was my best decision since, and I'm a little sorry that I have started only six months ago. But I probably wouldn't stumble upon Steven's channel if I hadn't watched many other educators on the youtube platform.
    So from my experience: A beginner should not waste so much time with free content. You will get some value, but there will be no structure. Now, after the EAP, I see and appreciate this subtle fact.
    I can't wait now to fill one of the spots in the Advanced Pattern Mastery Course :)

  • @lomo8660
    @lomo8660 5 лет назад

    I was a member of the EAP program. It was good learning experience giving you the core tools needed to become consistently profitable. It is not an easy or quick way. You have to work, analyze, be disciplined and overcome your psychological phalacies. In the end you should be able to play your edge consistently over a series of trades - like a casino.

  • @PraveenKumar-in4ht
    @PraveenKumar-in4ht 5 лет назад

    Finally there is a guy on RUclips who doesn't use those fuckin indicators on chart and predict the future move. Kudos to you Bro..👏🏼👏🏼👏🏼
    Even I'm also a Price Action Trader and nothing is better then this kind of trading. And Thanks a lot for bringing up these content and few things are really new to me and very much helpful. Looking forward to take the classes after my exams. 😀

  • @liontribe555
    @liontribe555 2 года назад

    You have such a spirit of excellence, and are so meticulous in your trading style. Its truly superior to others. Well done and a big thank you for all your hard work. May you be greatly rewarded for all your efforts.

  • @woodyiswhere
    @woodyiswhere 5 лет назад +2

    Amazing video. You are a great educator. Really appreciate you giving examples showing how the trade progresses without seeing the future. Very Very Valuable.

  • @sinalojeromekwatshangoqo9024
    @sinalojeromekwatshangoqo9024 4 года назад

    This is the best explanation I have heard so far and I am confident that it works, I am going to learn this strategy, you are amazing Steve.

  • @jryoung4961
    @jryoung4961 5 лет назад +5

    This really is the best channel on trading on RUclips. He always explains things clearly and stays on subject. Never uses confusing terminology assuming everybody is already an expert. I do have one question on this video, just to the left of the trend line and above the resistance line there is a close above bullish candle followed by another bullish candle. Is that not also a signal for trend direction? It also did pull back to the area and continued up. Would you not have taken the trade there?

    • @backstagedoffical
      @backstagedoffical 5 лет назад +1

      Harold Young exactly he like the new Ricky Gutierrez but with Forex😂😂

    • @ossamamoussa4457
      @ossamamoussa4457 5 лет назад

      Double top candlestick patterns form after a strong price rally or strong bullish conditions. It is easily identifiable because the double top pattern looks like two mountain peaks that form an ‘M’ shape on the chart. The two peaks will generally be reacting with some strong resistance in the market, demonstrating that the bulls can’t penetrate that level. The initial bullish wave hits the resistance and bounces straight off it, finding support after a market retracement. Lukasz Wilhelm created a course specifically to help traders become profitable, the course covers "supply and and demand trading method".
      it includes 11 modules and 60 lessons in written and video formats all stacked in a membership area. You can make research about it.

  • @j_zky5414
    @j_zky5414 2 года назад

    bro my life will change after this so easy to understand from youuu thank youu

  • @oscarverschuur
    @oscarverschuur 4 года назад +1

    finally a good explanation of a consolidation breakout ! thx mate

  • @theodore878
    @theodore878 5 лет назад +2

    It is very amazing. Your teachings further develop me. You are a man. You are a true warrior.

  • @ChrisFXOriginal
    @ChrisFXOriginal 4 года назад

    what a channel! all this free content. I appreciate you Steven!

  • @the_kotes
    @the_kotes 5 лет назад +1

    Your videos are GOLD.

  • @troyknight8199
    @troyknight8199 5 лет назад +1

    Hey Steve just wanted to say a BIG THANK YOU for your amazing strategy.
    I remember your wise words and your awesome content as I was looking at UJ it looked like a text book entry from your video.
    So I went for it EP 05/17 109.793 and TP on 05/21 110.608 (81 PIPS!!!!!).
    I always love your teachings and the awesome videos you put out.
    Two things I love to know, the 40 people that put thumbs down (seriously!!!!). You get a thumbs up from me just for putting all this effort to publishing a video and secondly how is your channel not rate it much higher on RUclips.
    Always a massive fan, much love and respect!!!!

  • @JoseMartinez-th6nd
    @JoseMartinez-th6nd 3 года назад

    You are the BEST teacher My friend. THX for what you do and sharing your knowledge

  • @justingreene3377
    @justingreene3377 5 лет назад

    Hey Steven. I wanted to let you know how grateful I am to have received the education and the knowledge and most importantly the confidence to trade on my own because of your EAP training course. I will be coming back on board in the future for new training material on the program. Well worth the low cost!

  • @governmentxx1896
    @governmentxx1896 5 лет назад +3

    👉 I draw my inspiration from you Steve .You're actually grooming my trading hobby to an extent Much appreciated Steve 👏👏👏

  • @alexandergarcia8531
    @alexandergarcia8531 5 лет назад +2

    Very good explanation and you help bring trading to it's knees. Good Job.

  • @mttmarket1289
    @mttmarket1289 3 года назад

    His guy is the best I blow 3 acounts on every video is told me why I love you bro 🙏🏾🙏🏾🙏🏾

  • @imanmehrparvar
    @imanmehrparvar 4 года назад

    Thank you so much for the very easy to understand explanation of the break out strategy. Sometimes It’s very hard to wait for that pull back specially for it touch the previous resistance line cause as you know in day trading sometimes there is no pullback and the things happen very fast but you’re right , always should be patient and wait for the pullback cause otherwise you’re basically gambling with your money . Thanks again for such informative video .

  • @harshkondkar3193
    @harshkondkar3193 4 года назад

    Hands down the best breakout strategy in the market💲💲

  • @cryptofreeborn9331
    @cryptofreeborn9331 4 года назад +32

    Is the breakout a trading signal? And that price hitting or exceeding one of the bands is that a signal to buy or sell?

    • @oliviaborsellino6598
      @oliviaborsellino6598 4 года назад +1

      crypto freeborn no it's not, breakouts provide no clue to the direction and extent of future price movement.

    • @nicholasgabelli2631
      @nicholasgabelli2631 4 года назад +3

      Trash!! I have lost 600 bucks trying this out

    • @oliviaborsellino6598
      @oliviaborsellino6598 4 года назад

      Sorry about that, I prefer this tool actually, I work with an admin manager he helped me using this tool, he earned $ 7,650 last month on my behalf his tutorials also come in handy

    • @cryptofreeborn9331
      @cryptofreeborn9331 4 года назад +2

      Thanks Olivia for the info, and how do I join your traders class ? Would like to participate in something like this.

    • @nicholasgabelli2631
      @nicholasgabelli2631 4 года назад

      That's some really good out come on your trade, whats the name of your admin manager and how do I get to him.

  • @garyroe5947
    @garyroe5947 5 лет назад +3

    thanks I like the way you analysis the charts, easy to understand

  • @traderssafari1597
    @traderssafari1597 5 лет назад +2

    I just subscribed for the free training it's awesome... Steven you are the best bruh

  • @nurfadillah3787
    @nurfadillah3787 4 года назад

    He is the master and from his face and how his explaening he is verry humble and truesting mentor...

  • @darrenjones2036
    @darrenjones2036 5 лет назад +11

    Another excellent video. You have definitely got my interest back for trading. Thank you. 👍

  • @Hells_Gift_MB
    @Hells_Gift_MB 5 лет назад +1

    Your videos are so good at outlining how to create a strategy and its importance. Big thanks.

  • @alexduke2334
    @alexduke2334 4 года назад +10

    Really helpful video, due to limitations of time and expertise I decided to work with stewart fraser on the Trade Earn platform and all my problems were solved.

    • @acharyakhatri5845
      @acharyakhatri5845 4 года назад +3

      Hello bhai, how can i join platform from india. I'm new beginner in trades

    • @alexduke2334
      @alexduke2334 4 года назад +2

      You can connect directly with Fraser via the number below, for further assistance on how to join

    • @alexduke2334
      @alexduke2334 4 года назад +1

      +1(619)746 -7638

    • @janetwells5924
      @janetwells5924 4 года назад

      Fraser's services is the most reliable i have ever seen. I trade for myself using his signals and i make twice my income.

    • @fafonlu
      @fafonlu 3 года назад

      @@acharyakhatri5845 beware of scammers!

  • @gantu2012
    @gantu2012 5 лет назад

    Dude, you rock. I must say. I would love to join The Trading Channel. You are a good teacher, I'm sure you hit home runs. I would love to be your student.

  • @khalidangazi3713
    @khalidangazi3713 4 года назад

    Thanks bro I was struggling to understand this strategy and you made it so simple for me to understand in few minutes....Amazing

  • @anthonywahome20
    @anthonywahome20 4 года назад

    Now I know where to exactly place my horizontal line.Thanks Steve

  • @OmkarPawar-cu1kj
    @OmkarPawar-cu1kj 4 года назад +1

    You are best of all time

  • @whatsupwhatsup457
    @whatsupwhatsup457 4 года назад

    My account came back alive after watching this thank you sir

  • @Brizzarelyyy
    @Brizzarelyyy 5 лет назад +8

    very usefull lesson thanks alot man

  • @abdulmshana7708
    @abdulmshana7708 3 года назад

    am just doing a breakout trading and am doing great! coz that pullback thing make you misses a lot of trades opportunities!!! i prefer breakout strategy than " breakout and pullback"

    • @fafonlu
      @fafonlu 3 года назад

      Breakouts and pullbacks are more reliable than only breakouts because the former give you a confirmation

  • @rolanragel4529
    @rolanragel4529 5 лет назад +1

    nice one .u can simplify the complicated...i think this s d best channel with regards to trading...

  • @kartikfuke5113
    @kartikfuke5113 3 года назад

    Genuine Content Man 😇
    Hats off to you ❤
    Love from India 🇮🇳🥰

  • @nyanlin770
    @nyanlin770 5 лет назад

    thank u so much bro. I am a newbie and changing from one system to one system. Now i admire this breakout strategy and i decide to go through with this strategy only bro.

  • @soleread.p9144
    @soleread.p9144 Год назад +1

    hey can you still trade this strategy in a different time frame like 15 mins?

  • @davidjulien236
    @davidjulien236 Год назад

    It is not only highly beneficial, Steve, but hours of hard work squash into bit size bits. When I get to 1m am coming to found you loll....😅

  • @traderkarim
    @traderkarim 5 лет назад +1

    thank u sooo much for taking care of ur followers....may god bless u steven...

  • @hendry091080
    @hendry091080 5 лет назад +22

    Thanks for all steven, you make me rich👍👍👍👍👍👍

  • @shshdhd9363
    @shshdhd9363 5 лет назад +2

    Are you the Stephen that Jason talks about mentoring

  • @BharatSingh-il2kj
    @BharatSingh-il2kj 4 года назад

    Your video is simple & understandable, thanks for sharing valuable information

  • @Dayumalya
    @Dayumalya 5 лет назад

    Always LOVE your videos! Keep up the good work!

  • @nicolasrivero4722
    @nicolasrivero4722 3 года назад

    My man thank you so much for the insight, you are definetely a profesional trader!

  • @ajitdoshi7973
    @ajitdoshi7973 Год назад

    VERY VALUABLE STRATEGY STEVEN THANK YOU VERY MUCH

  • @KinaStaru
    @KinaStaru Год назад

    Pretty awesome! I wonder how often do we find these kind of set ups! Gonna backtest this a lot! Thank you!

  • @mrrex9432
    @mrrex9432 2 года назад

    Damn! I just across this, you are so good in teaching. Make it look easier

  • @nungusamaposa2772
    @nungusamaposa2772 5 лет назад +1

    hie steve...i hav a simole question if you can help....i dd a backtesting process n i was using 1time frame ....however ive noted the topdown analysis is crucial buh each time i do that i got lil confused. ...is t necessary to jus trade one timefram....thanks to those who will help

  • @jayti1827
    @jayti1827 4 года назад

    Awesome strategy. It's simple and so rewarding.

  • @Tony-d4q
    @Tony-d4q 5 месяцев назад

    This guy's one of the best ❤

  • @bossnatzutv
    @bossnatzutv 3 года назад +1

    Is this also applied to crypto trading right? 😊

  • @mizikizi6462
    @mizikizi6462 5 лет назад +2

    wow im in love with this one, thank you so much for sharing

  • @tabatabelb.6736
    @tabatabelb.6736 4 года назад

    I will press the like twice. Nice one bro.

  • @WolverineTradez
    @WolverineTradez Год назад

    I'm trying this strategy for the next 100 trades

  • @asoksen3209
    @asoksen3209 5 лет назад

    One of the best strategy I have learnt today. Thank you very much Sir.

  • @nyny9189
    @nyny9189 4 года назад +1

    Why would a breakout not work besides a fake out?

  • @DCtheChemist
    @DCtheChemist 2 года назад

    daamn this works thnak you bro all i needed was help on my entries

  • @krishnavee5155
    @krishnavee5155 5 лет назад +1

    Powerful Lesson🔥💯! Thanks Steven👍

  • @niteshgonnade7210
    @niteshgonnade7210 4 года назад

    One of the finest video and good learning platform thanks bro

  • @Imrepenting
    @Imrepenting 5 лет назад

    Always with the great content! Good job Steven.

  • @gaynoradams8211
    @gaynoradams8211 Год назад +1

    Hi man i realy hope you get this messing becease i just want to thank you becease this realy work

  • @mauricio9226
    @mauricio9226 5 лет назад

    Sounds good but the second example you gave it takes a lot of days for the strategy to take place.

  • @kumargaurav8140
    @kumargaurav8140 5 лет назад +3

    I am having this real issue, where I am losing money..due to bad decisions. What can be the first tool to break through this barrier .

    • @axelalvarez2333
      @axelalvarez2333 5 лет назад

      Focus on uptrending stocks only, don't focus on getting stocks for the cheapest price possible @Kumar gaurav

  • @delisambele9641
    @delisambele9641 4 года назад +1

    What do one do with breakouts that don’t retest the support or resistance ?

    • @fafonlu
      @fafonlu 3 года назад

      Leave it, trading requires patience.

  • @aldrinpadua28
    @aldrinpadua28 4 года назад

    This is fantastic. I love your breakout strategy. Thank you.

    • @fafonlu
      @fafonlu 3 года назад

      Amazing 🤗

  • @JayAnAm
    @JayAnAm 3 года назад

    Hi, great video and nice channel. I like to trade breakout/retest as well, but my entry is different. I go to a lower timeframe when the support/resistance level is retested and search for break of structure and order blocks on these lower timesframes for really tight stop losses.

  • @mosamerciful7875
    @mosamerciful7875 4 года назад

    This video really helped me in my trading, thanks very much bro🙏🙏

  • @kurtjohnson8378
    @kurtjohnson8378 2 года назад

    Great video really like how good you explain things with trading that make sense

  • @DericksonCaballero
    @DericksonCaballero 4 года назад

    I really love this video, you definitely explain wery well what you want to teach. Thank you for had take part of your time to shared this class.

  • @LesegoJeff-df1jn
    @LesegoJeff-df1jn Год назад

    Thanks a lot.. I am talking from South Africa😇😜😌

  • @masterv1114
    @masterv1114 5 лет назад +1

    Thumbs up Steve... you just revealed the Banker's secret towards profit!

  • @crickhungers7419
    @crickhungers7419 5 лет назад

    You are awesome bro and your strategies is great

  • @waiko28
    @waiko28 5 лет назад +1

    i dont understand why it have to have a pullback to the support before validating it? And what about volume?

    • @fafonlu
      @fafonlu 3 года назад

      It's for confirmation

  • @amazer6915
    @amazer6915 5 лет назад

    This is a very detailed explanation of the strategies. Thanks a lot.

  • @samcowton9923
    @samcowton9923 3 года назад

    mate you're unreal at teaching and explaining these lessons, I've been trying to day trade for a few months now and it has been really rough tbh haha but im watching your videos and your helping me put all the pieces together, thanks a lot!

    • @Content_838
      @Content_838 Год назад

      Update it’s been years now????😢

  • @hamedbie4352
    @hamedbie4352 2 года назад

    Hi Steve , thanks it's so useful for me .

  • @leonardpereira7031
    @leonardpereira7031 4 года назад

    Thanks Steven, I've learned so much from you. Wish you well

  • @rosal1802
    @rosal1802 5 лет назад +2

    Great tutorial. Thanks Steven!

  • @thescapegoat2954
    @thescapegoat2954 4 года назад

    I am really thankful for this video

  • @sachinshaji6038
    @sachinshaji6038 5 лет назад +1

    I hav seen some breakouts without pull back and make a big price change
    How do we enter on that trade?

    • @hindra1996
      @hindra1996 5 лет назад

      you don't the risk:reward would be too low, you can take profit on pullback when the price hit higher timeframe resistance

    • @aaminakhan3573
      @aaminakhan3573 5 лет назад +1

      How do I determine the trend breakout?
      Which way is the market moving? Where are the important support and resistance levels? These are entry level questions, and the answers are simple, but traders are searching for a deep complex answer not taking in the vital information right in front of them on the plain chart. My goal isn’t to deter anybody from trading FOREX, nor am I insinuating
      that there isn’t money to be made in currency trading. In fact, it is the opposite but if you want to be profitable then get a system that works like the IQD Momentum strategy from lukasz wilhelm .

  • @kartiks7497
    @kartiks7497 5 лет назад +1

    Thx, easy to understand, made the topic simpler.

  • @2524csv
    @2524csv 4 года назад

    Excellent strategy 👍👌

  • @mistletoe91
    @mistletoe91 3 года назад

    Amazing. Subscribed. Now how do we setup scanner to scan for stocks which have touched resistance multiple times ?

  • @jonasherman9195
    @jonasherman9195 2 года назад

    Amazing video! I saw another video of you of a breakout strategy but that one was an agressive strategy and this a conservative one. Which one do you use most of the time?

  • @sopheana9425
    @sopheana9425 4 года назад

    off course nothing granted with stocks still, great video well explained way better than dozens of videoes I saw from other RUclipsr ,i m just confused about something, closing above candle closes exactly higher than one before it or the main one that touches the resistance level when pulling back?