All i can say most underrated (less views) trading tutorials i have come across online.... Precise and simple explanation that anyone can get the points easily... Kudos...
The details are most appreciated. I haven’t gone live yet and I’m glad that I haven’t because I’m learning more and more from your detailed videos thank you so much. God bless
Thank you Thomas, I can't tell you enough how much I appreciate your videos - I study them for days. I am trying to make them second nature instead of relying on common sense. I appreciate when you know concepts are hard to understand and you go back and explain in detail - please don't stop teaching...
Hi Thomas, I really enjoy watching your videos which are full of genuine information and practical. You are making great stuff here. Combining Mack's and Al brooks' strategies and presenting them in a such simple and beautiful way is very time saving for learners. Adding your experience on top of that is an extra bounce. For me it sounds that how hard you worked, tried to figure them out. Wish you all the best Thank you so much
I grabbed orange juice, some coffee, and half burnt popcorn when you told me to do so at the 24:24 mark. Thanks I am now ready and stronger to absorb this important information! 💲
Thanks for your videos. I have been studying this exact strategy of PA Trading for a few years and your instruction has made me a better trader...I am less timid about entries and ask the market for more than 1 point scalp now. I go to 1:1 Risk/Reward and trail my stops better and have reduced my anxiety by lessening my risk to only 5% of my account...I am no longer afraid of losses.
These are excellent videos. Most people only show static charts but its much more important to watch dynamic charts in action as price unfolds because that is how you have to trade; everything is clear in retrospect but you can't trade the past.
Hi Thomas, at around 12:46 why are these valid second entries? In another video you say that with every new high/low you have to start counting entries again. Both are first entries according to that rule.
@@datvikingYeah that's the first step. Occasionally you get the flashes while trading live and after some time you can actually see it in real time regularly.
@@datviking I wouldn't say easily but after 2 years I started to see the patterns unfold in real time but I still had a huge psychological part in front of me. It gets easier with time as any other skill.
Super helpful, I've been learning more price action since getting into futures and coming across Al Brooks, your videos resonate with me a bit better though for whatever reason. Appreciate it!
ha ha ha..I was that one person who kept pushing the stop loss until I had massive losses and learned the lesson ha ha ha... I laugh now but it wasn't funny at all at the moment. ah ah ah. Thanks for the videos. Very helpful.
You explain your sttategy so well with such good information. I found myself fully realizing some things that I thought were a possibility by a lot of your extra information on trades that weren't necessarily a second entry or a f2e so thank you once again for expanding my tradebook
Thanks for your tutorials! Great stuff. Question about the short signal at the 15:00 min mark... The doge marked with the down red arrow is not itself the signal bar, right? It's the next long red bar. And if that's correct, and as you stated earlier in the video, you should wait for the signal bar to complete....then by the time that red bar completes it's no longer a good entry point. To take advantage of that for a short scalp, you would have had to enter the trade before the long red bar completed. Or am I misunderstanding something? And same thing at the short at 20:20. I'm confused. Thank you in advance for any feedback.
A big salute from India. Thanks Thomas for sharing all your knowledge. Please show the instrument name in your videos, so it will help us to do back testing.
Great video, sorry for the noob question but I am confused: You said in other videos that the rule of second entry long is that we count from the high swing, then pullback comes, then 1st entry long, pullback and then after a good signal bar at the right place second entry long. You said that if after the first pullback the 1st entry long is higher or equal in hight than the initial high swing from which the pullback started (1st leg), then we have to restart the counting. Now , at your example at 13:05 according to this rule, I can only see 1st entries all along because all 1st entry longs are higher than the previous ones. Can you explain pls what am I missing?
One of the best price action videos. Thank you so much for posting these. Al Brooks is hard to follow. You take complex info and make it easy to understand. Amazing!! What do you think about trading on the 5 minute chart? Also do you have a trading room or somewhere that you trade live every morning?
Hi Thomas, I’m probably too late to show appreciation, but I just wanted to say Thank you for this invaluable information. Definitely a lot of insightful and very well presented!! You even got me laughing as well at 29:30 part of the video lol!! Awesomeness, Thomas🎉
Thank you Thomas for great info! One question, confused on what makes a break? The wicking past the previous candle body or wick or the actual body closing above or beneath the body/wick?
As I learn a lot from, I am going through some of your older videos as this one. Great stuff, thank you! But as I just watched it I had a feeling I already watched it earlier (RUclips didn't marked it as watched). Then at 29:30 :))) I definitely remembered I have seen it before. LOL :). You managed it perfectly haha👍👍👍
OK so I cant stop watching your videos now.... Thomas, your videos are so precise, thank you! Please keep them coming! One question please - can you clarify how you change your bias between short and long? If the point is to always follow the trend, how do you know when the trend has finished and you can take a position in the other direction?
When trend has a break and new extreme is formed that is how we know trend is finished. After that we wait for prices to push through EMA and preferably reversal pattern will indicate new trend starting. This is the easiest way to look for trrend change. Of course if trend is really strong, it is possible even after new extreme, prices will keep pushing.
Incredible, learning a lot with you man. Thomas, you told about Al Brooks content and I started to read one of his books, what calls my attention is that he says he uses 5 min chart to operate, so let me ask you a question. I´m at the very start so it can change during the book but all his content even aimed for 5 min chart doesnt matter to us who operate in ticks? Can we use normally in our charts? I have a lot still to catch up with the channel, I will try to watch all videos before keep the storm of questions that probably have answers already in the videos hahaha sorry to bother so much.
Price action trading works in all markets and timeframes. Even Al Brooks confirmed it many many times. Each market just has its little nuances and tendencies. The reason why we use tick chart its because 2000 tick chart is the most reliable copy of 5 min chart of SP500. Tick chart just gives us more details. So we can still use his knowledge. Al Brooks is pretty difficult to understand though, so do not take everything he says literaly.
Thanks, that's good to hear. I have tried to simplify it as much as I could. And you are right Al Brooks is very smart but is soo hard to understand.. I have read his materials plenty of times to understand the concept.
Amazing explanation ... wish I had seen your video before buying the $100 PDF which left me in a lot of confusion. one question, I am slightly confused at the 2nd entry you talked about at 12:27 you say 2nd entry triggered below this bar -- so that's 2nd entry short right? but right after that you point the red bar as 2nd entry for long and mentioned that it a good entry but you did not mark it as its berish bar. not sure i got where the 1st entry for a long was as prior to that was failed 1st entry short.
There was a 2nd entry short which we both agree on. The bar I was talking about was just a 1st enty long but I mainly talked about failed 2ES however we cannot take that trade because the bar was too bearish. We treat is as a failue by the following bar in the opposite direction. The 2ES triggered, then there was a bearish bar so that means 2ES is still working and than there was a bullish bar indicating failure.
Thank u so much THOMAS for ur contents,I’m now really getting the overall look at the market,the GOD which i selve will continue to bless u for ur kind gesture..
Such a wonderful video. Please advise what time frame chart is best for intraday scalping. Also I would like to understand which period ema is best. Please help me 🙏🏾
Hey Thomas, once again thank you for your time, it is more than valuable to me. I have a quiestion, if I may, What books from Mr. al brooks would you say were crucial in your learning journey? lastly out of all of the book of Mr. brooks what would you say is the most valuable to your knowledge? PS love the daily videos on the current market and how you analyzed the price action, I watch all of them multiple times a day.. so valuable , thank you my friend. 🙏
Al Brooks trades differently than I do. I only read one book, reading price action bar by bar but I trade differently. I don't study any other books, I study price action.
hello TW can you please try to identify what time frames you use for each of your videos. Like for e.g. which tf did you use here. also include that in your videos. thank you
Hi Thomas, hello, in analyzing the forex market, which time frame do you use, including entry? Are you looking for a student to share special knowledge in forex market analysis? Thanks
Hi, I don't recommend trading forex. Too many price spikes, news and forex is not regulated. I also don't like the spreads. I trade 2000 tick chart futures which is similar to 1 minute. So trading forex I would recommend 1-5 minute.
Hi, Thanks for your content. Are the rules and setups you explain valid for 1 h charts too? Would you mind doing à video showing how you would analyze eurusd 1h chart? Thanks.
Hi, price action works in different timesframe and markets. I made a video showing multiple chart. ruclips.net/video/hWjUp_Df_t0/видео.html I wouldn't recommend trading forex though. It is too spikey, not regulated, spreads and lower timeframes are better for scalps over all. I have never traded 1h eurusd so I can't analyze I apologize. Lastly every market has different personality and nuances so it is best to pick one chart and stick to it and master it.
@@ThomasWade thankyou so much Mr. Wade, you really opened my mind to a brand new horizons, I ve tried many style but I failed, I resort to this price action because of how realistic it is, to react accordingly, I wish I could afford a mentor just like you, I am still moving forward to consistently get back on tract.
Hi Thomas, I really appreciate you for the informations on your Video's. I wanted to ask what time frames you use while scalping? And if this price action rules still holds for very Low time frames
You can check this video ruclips.net/video/hWjUp_Df_t0/видео.html I trade 2000 tick chart. It is similar to 1-5 minutes charts. This is a scalping strategy mainly so lower timeframes are the best.
Great content sir. I'm new to this strategy. You explained in a very nice way. I have few doubts. Could you please help me? 1. When price reaches new low (in down trend)and still in trading channel, we have to look for continuation second entries? Is it correct? 2. When price reaches new low and break out of channel, there after we must look for new high in out of channel break before looking for two legged 2 entry short? Is it right? If so is new high must before taking trade after breaking out of channel ? 3. After breakout of channel and new low formed eventually after some time, when and how can we know trend is clearly reversed and we have to look for reversal trades? 4. General question, suppose when we r with in channel we take 2nd pull back entry. Can we repeat this process every time or we should take first time and wait for new low again to take entries? Sorry for bothering you with all these qtns
1 - After new low you expect correction or reversal. Only if trend is strong and continues pushing lower you look for wider channel. 2. - I don't quite understand the question. 3 - We wait for reversal pattern which I have a video about reversals too. We generally don't want to blindly pick bottom as a reversal. Push above EMA, two failed attemps and EMA holding is good sign market is reversing with reversal pattern. 4 - When you are trading main channel you look for second entries. While the second entry is forming you are watching corrections in the main channel. Preferably you want to see new extreme even for the correction but attempt may be enough.
I trade ES SP500 futures. But price action works in all markets. Futures are the best to trade in my opinion. You can trade this on ES, NQ, CL, Gold etc.
Always Stay blessed for your educational videos sharing and respect your efforts. You are one of the eye opener.... keep rocking brother. Fan from India
ruclips.net/video/hWjUp_Df_t0/видео.html I would still recommend futures though or stocks. Forex and crypto has lot of noise This is mainly sclaping strategy so 1-5 minute timeframes. I use 2000 tick chart.
Hi Thomas, why are you not using the previous 2 days highs and lows as support and resistance zones? I find them to be reliable support and resistance zones when I am trading the ASX200.
I generally focus only on current day price action. Nothing wrong with using little bit of previous day price action but generally we don't need to do that. Recent structure will tell you everything.
Hey I have a question, you ever see those trends where the line fits perfect on the highs but the lows are flat at a support. What is that and why does that happen. Cause sometimes it breaks down or out. Why does this happen what’s creating that, and how do you play it or possibly play.
It would be nice if you would increase the size of your mouse pointer. Unable to see it on the chart unless you move it! Especially since it is white, the same color as the background. Just a recommendation.
One doubt , you mark the second entries in a arrow . But we only realize that it’s second entry when the next bar breaks its low by one tick in case of short , so we cannot enter the trade in second entry but after the one tick . Means you place the order not on second entry but when it breaks ?
I've been enjoying your videos but I still feel a little lost with some of the terminology and rules. I haven't studied either Mack's PA nor Al Brooks and want to start studying them. Would you recommend Al Brooks or Mack's for someone starting out? From my research it seems Al Brooks is much harder to understand. What do you think? Thanks for the content!
Both are great. Al Brooks was the very first trader who first described price action terminology. Mack is little easier to understand, Al Brooks is much more complex. I can recommend both but you can start with Mack. It is easier for beginners. Make sure to watch free videos first so you get really familiar with the strategy. It will help alot.
A well explained video for beginners, one thing I can attest to is that with adequate support from a qualified personnel can go a long way in your journey of being an independent trader.
Hi, very interesting and you know your stuff, but if I may give you a word of advice, prepare your text before recording. You're jumping from one thing to another leaving out key elements of the trade. I' m afraid a novice trader would walk out terribly confused, not understanding when he should go long, short or just sit on his hands. Anyway, good job, keep it up.
Brother you are providing very quality education which really works better than all other trading methods Thanks for all this guru ji Love from Bharat 🇮🇳 (India) Sir how can I contact you for more information?
Hahaha :D Price action rules work in every market and every timeframe but every market has its own tendencies... But I dont think I would recommend trading this for options. Why complicate it? You can contact me at thomaswadetbe@gmail.com
@@ThomasWade thank you. Your videos are a great help and complement beautifully Al’s books. The question with after sight is that we miss a lot of good entries. Personally I cannot spend 8 hours in front of a computer doing nothing. It is a real problem. May I ask your opinion about Oliver Velez who is simplifying the PA process?
@@mauriceamaraggi8098 I am not that familiar with Oliver Velez. I have never seen him trade. Depends on price action. Sometimes we get good setups right after open and sometimes we have to wait more. There is nothing wrong with trading only couple of hours. In fact that is what I am trying to do. You are the most focused anyway for only couple of hours.
@@ThomasWade If you have the opportunity to watch one of his numerous videos, it would be interesting t have your opinion. He simplifies the process but, for me, the big challenge is trading TR. When there is an obvious trend it is easier.
All this information for free.. amazing
All i can say most underrated (less views) trading tutorials i have come across online.... Precise and simple explanation that anyone can get the points easily... Kudos...
So happy to finally find someone with a consistent method and mindset. Thanks for not over complicating this!
The details are most appreciated. I haven’t gone live yet and I’m glad that I haven’t because I’m learning more and more from your detailed videos thank you so much. God bless
Thank you Thomas, I can't tell you enough how much I appreciate your videos - I study them for days. I am trying to make them second nature instead of relying on common sense. I appreciate when you know concepts are hard to understand and you go back and explain in detail - please don't stop teaching...
Hey Thomas, I was delighted when you mentioned Al Brooks.
Hi Thomas, I really enjoy watching your videos which are full of genuine information and practical. You are making great stuff here. Combining Mack's and Al brooks' strategies and presenting them in a such simple and beautiful way is very time saving for learners. Adding your experience on top of that is an extra bounce. For me it sounds that how hard you worked, tried to figure them out.
Wish you all the best
Thank you so much
🙏
Wow this is a great video. Explains the rules perfectly. Thanks for putting it together Thomas. Will be watching this over and over
I grabbed orange juice, some coffee, and half burnt popcorn when you told me to do so at the 24:24 mark. Thanks I am now ready and stronger to absorb this important information! 💲
Haha :D
Thanks for your videos. I have been studying this exact strategy of PA Trading for a few years and your instruction has made me a better trader...I am less timid about entries and ask the market for more than 1 point scalp now. I go to 1:1 Risk/Reward and trail my stops better and have reduced my anxiety by lessening my risk to only 5% of my account...I am no longer afraid of losses.
Wow 5%
Yesssss, was waiting for it , will watch it after work, just came to like it, thanks sensei
These are excellent videos. Most people only show static charts but its much more important to watch dynamic charts in action as price unfolds because that is how you have to trade; everything is clear in retrospect but you can't trade the past.
Best, detailed teaching! Now I understand why you talk about second entry and double bottom, double top.
Hi Thomas, at around 12:46 why are these valid second entries? In another video you say that with every new high/low you have to start counting entries again. Both are first entries according to that rule.
I am a student of Al brooks as well. Glad I found this channel because Al can be a little dry sometimes.. well all the time lol
:D
There is so much to learn in depth from your videos
You tell me stuff I've learned the hard way but it is nice hearing it from someone else it more cements what I've noticed from my own trades
Pretty cool you learn it on your own. Must have taken some time.
@@ThomasWade I'm definitely still struggling with being able to identify when it is happening but I always see it after it's happened haha
@@datvikingYeah that's the first step. Occasionally you get the flashes while trading live and after some time you can actually see it in real time regularly.
@@ThomasWade sorry to keep you commenting but how long did it take you to start seeing it easily live trading?
@@datviking I wouldn't say easily but after 2 years I started to see the patterns unfold in real time but I still had a huge psychological part in front of me. It gets easier with time as any other skill.
Thank you for the video teacher! Great trades for us !
Salute from Brasil o/
Great video explaining the rules in detail but very easy to understand. Thank you for taking the time to share your knowledge.
An extremely thorough and concise explanation of this very profitable technique. Thanks, Thomas. I'm looking forward to future vids.
Thanks for the sharing. Although still a bit confused right now, will look into your other video to develop more understandings . thanks again
you re the best, brother!
Super helpful, I've been learning more price action since getting into futures and coming across Al Brooks, your videos resonate with me a bit better though for whatever reason. Appreciate it!
Absolutely great, full of great knowledge
ha ha ha..I was that one person who kept pushing the stop loss until I had massive losses and learned the lesson ha ha ha... I laugh now but it wasn't funny at all at the moment. ah ah ah. Thanks for the videos. Very helpful.
Hi Thomas, I have watched several of your videos and I just wanted to say thank you.
🙏
thnks for the vedio .i study ai brooke books but hard to understand but your vedio make very much simpler
You explain your sttategy so well with such good information. I found myself fully realizing some things that I thought were a possibility by a lot of your extra information on trades that weren't necessarily a second entry or a f2e so thank you once again for expanding my tradebook
Thanks for your tutorials! Great stuff.
Question about the short signal at the 15:00 min mark...
The doge marked with the down red arrow is not itself the signal bar, right? It's the next long red bar. And if that's correct, and as you stated earlier in the video, you should wait for the signal bar to complete....then by the time that red bar completes it's no longer a good entry point. To take advantage of that for a short scalp, you would have had to enter the trade before the long red bar completed. Or am I misunderstanding something?
And same thing at the short at 20:20.
I'm confused.
Thank you in advance for any feedback.
No, those bars marked with the arrows are the signal bars. Those are the bars where break below formed and 2nd entry formed.
A big salute from India. Thanks Thomas for sharing all your knowledge. Please show the instrument name in your videos, so it will help us to do back testing.
Hi, it is in video description. Instrument is ES Futures. Timeframe is 2000 tick chart.
Great video, sorry for the noob question but I am confused: You said in other videos that the rule of second entry long is that we count from the high swing, then pullback comes, then 1st entry long, pullback and then after a good signal bar at the right place second entry long. You said that if after the first pullback the 1st entry long is higher or equal in hight than the initial high swing from which the pullback started (1st leg), then we have to restart the counting. Now , at your example at 13:05 according to this rule, I can only see 1st entries all along because all 1st entry longs are higher than the previous ones. Can you explain pls what am I missing?
Correct those were 1st entries. When the high you count from gets exceeded. You restart the count.
One of the best price action videos. Thank you so much for posting these. Al Brooks is hard to follow. You take complex info and make it easy to understand. Amazing!! What do you think about trading on the 5 minute chart? Also do you have a trading room or somewhere that you trade live every morning?
I trade 2000 tick chart which is similar to 1 min. 5 min is good but bit slow for me so I use it mainly just for bias and key level confirmations.
Hi Thomas, I’m probably too late to show appreciation, but I just wanted to say Thank you for this invaluable information. Definitely a lot of insightful and very well presented!! You even got me laughing as well at 29:30 part of the video lol!! Awesomeness, Thomas🎉
:)
Thank you Thomas for great info! One question, confused on what makes a break? The wicking past the previous candle body or wick or the actual body closing above or beneath the body/wick?
As a break of the trendline, we want to see bodies closing outside. Wicks are not enough just yet.
Thanks Thomas for your valuable inputs. It's easy to understand and gives so much value when trading.
As I learn a lot from, I am going through some of your older videos as this one. Great stuff, thank you! But as I just watched it I had a feeling I already watched it earlier (RUclips didn't marked it as watched). Then at 29:30 :))) I definitely remembered I have seen it before. LOL :). You managed it perfectly haha👍👍👍
Haha, yeah that one was pretty funny :)
Awesome and excellent teacher
OK so I cant stop watching your videos now.... Thomas, your videos are so precise, thank you! Please keep them coming!
One question please - can you clarify how you change your bias between short and long? If the point is to always follow the trend, how do you know when the trend has finished and you can take a position in the other direction?
When trend has a break and new extreme is formed that is how we know trend is finished. After that we wait for prices to push through EMA and preferably reversal pattern will indicate new trend starting. This is the easiest way to look for trrend change. Of course if trend is really strong, it is possible even after new extreme, prices will keep pushing.
Amazing explanations.
Great Video!
Love you Thomas...❤❤❤ Great information 🎉
thank you thomas ❤
Amazing videos s small
Love from Neoal ❤❤❤
Congratulations on the great material. Do you have a video where you explain in more detail what is a first and second entry? Thanks
In beginner playlist I have how to count entries video which could help.
Thanks for this great video. I have a question. Can I take a LH sell setup if it forms at the upper channel of a bear trend, but is above the EMA?
Yes you can but you prefer the channel to be really confirmed when selling above EMA.
By waiting for push below EMA, it adds extra confirmation.
Incredible, learning a lot with you man. Thomas, you told about Al Brooks content and I started to read one of his books, what calls my attention is that he says he uses 5 min chart to operate, so let me ask you a question. I´m at the very start so it can change during the book but all his content even aimed for 5 min chart doesnt matter to us who operate in ticks? Can we use normally in our charts?
I have a lot still to catch up with the channel, I will try to watch all videos before keep the storm of questions that probably have answers already in the videos hahaha sorry to bother so much.
Price action trading works in all markets and timeframes. Even Al Brooks confirmed it many many times. Each market just has its little nuances and tendencies. The reason why we use tick chart its because 2000 tick chart is the most reliable copy of 5 min chart of SP500. Tick chart just gives us more details. So we can still use his knowledge. Al Brooks is pretty difficult to understand though, so do not take everything he says literaly.
Lots of tips thank you.
Hi there,
What time would you say would work best for people who can not get a 2000 tick chart? Thanks so much! Appreciate all you do.
Hi, between 1-5 minute.
Thanks Mr. Thomas.
Very nicely explain. Still we need more information to catch first and second entry correctly.
I have a video about how to count entries. Overall I would recommend beginner playlist.
Being a noob, Learning from this video is much easier than learning from Al Brooks Course.
Thank you bhai 🙏
Thanks, that's good to hear. I have tried to simplify it as much as I could. And you are right Al Brooks is very smart but is soo hard to understand.. I have read his materials plenty of times to understand the concept.
Amazing explanation ... wish I had seen your video before buying the $100 PDF which left me in a lot of confusion.
one question, I am slightly confused at the 2nd entry you talked about at 12:27 you say 2nd entry triggered below this bar -- so that's 2nd entry short right? but right after
that you point the red bar as 2nd entry for long and mentioned that it a good entry but you did not mark it as its berish bar. not sure i got where the 1st entry for a long was as prior to that was failed 1st entry short.
There was a 2nd entry short which we both agree on. The bar I was talking about was just a 1st enty long but I mainly talked about failed 2ES however we cannot take that trade because the bar was too bearish. We treat is as a failue by the following bar in the opposite direction.
The 2ES triggered, then there was a bearish bar so that means 2ES is still working and than there was a bullish bar indicating failure.
@@ThomasWade thanks mate..got it now.
great episode! thanks Thomas
Thank u so much THOMAS for ur contents,I’m now really getting the overall look at the market,the GOD which i selve will continue to bless u for ur kind gesture..
Thanks thomas, great video 🔥🔥
Always so much information!
good content !!! big thanks
Such a wonderful video. Please advise what time frame chart is best for intraday scalping. Also I would like to understand which period ema is best. Please help me 🙏🏾
I use 2000 tick chart, similar to one minute. 21 bar EMA.
Thank you Sir
Hey Thomas, once again thank you for your time, it is more than valuable to me. I have a quiestion, if I may, What books from Mr. al brooks would you say were crucial in your learning journey? lastly out of all of the book of Mr. brooks what would you say is the most valuable to your knowledge? PS love the daily videos on the current market and how you analyzed the price action, I watch all of them multiple times a day.. so valuable , thank you my friend. 🙏
Al Brooks trades differently than I do. I only read one book, reading price action bar by bar but I trade differently. I don't study any other books, I study price action.
Gald to see an older video and how far you've come New Ho! 😂
Have you explained in some video how to clearly identify the first and second entries? Can you please provide a link to that video?
Here is the link ruclips.net/video/NNzCegosXu8/видео.html
@@ThomasWade Thank you very much.
Thank you. Kindly tell me the time frame and which ema?
21 EMA 2000 tick chart.
Thanks Thomas!
hello TW can you please try to identify what time frames you use for each of your videos. Like for e.g. which tf did you use here. also include that in your videos. thank you
Everything is in the description of the newer videos. 2000 tick chart is the timeframe.
Love you bro ❤😊
Thank You for the videos
Thank you Thomas
Hi Thomas,
hello, in analyzing the forex market, which time frame do you use, including entry?
Are you looking for a student to share special knowledge in forex market analysis? Thanks
Hi, I don't recommend trading forex.
Too many price spikes, news and forex is not regulated. I also don't like the spreads.
I trade 2000 tick chart futures which is similar to 1 minute. So trading forex I would recommend 1-5 minute.
@@ThomasWade hi Thomas, if you dont mind, can I have your email ?
@@yuliusbayu My email is thomaswadetrading@gmail.com
Hi, Thanks for your content. Are the rules and setups you explain valid for 1 h charts too? Would you mind doing à video showing how you would analyze eurusd 1h chart? Thanks.
Hi, price action works in different timesframe and markets. I made a video showing multiple chart. ruclips.net/video/hWjUp_Df_t0/видео.html I wouldn't recommend trading forex though. It is too spikey, not regulated, spreads and lower timeframes are better for scalps over all.
I have never traded 1h eurusd so I can't analyze I apologize. Lastly every market has different personality and nuances so it is best to pick one chart and stick to it and master it.
hello sir, what if there wasnt a trend break but instead there was a sudden dip, the trend is to the downside, how can I approach it
If you retrace too much of the current trend, over 61%, you adapt and trade the brand new trend.
@@ThomasWade thankyou so much Mr. Wade, you really opened my mind to a brand new horizons, I ve tried many style but I failed, I resort to this price action because of how realistic it is, to react accordingly, I wish I could afford a mentor just like you, I am still moving forward to consistently get back on tract.
@@ThomasWade Godbless Sir
Hi Thomas, I really appreciate you for the informations on your Video's.
I wanted to ask what time frames you use while scalping? And if this price action rules still holds for very Low time frames
You can check this video ruclips.net/video/hWjUp_Df_t0/видео.html
I trade 2000 tick chart. It is similar to 1-5 minutes charts.
This is a scalping strategy mainly so lower timeframes are the best.
Great content sir. I'm new to this strategy. You explained in a very nice way. I have few doubts. Could you please help me?
1. When price reaches new low (in down trend)and still in trading channel, we have to look for continuation second entries? Is it correct?
2. When price reaches new low and break out of channel, there after we must look for new high in out of channel break before looking for two legged 2 entry short? Is it right? If so is new high must before taking trade after breaking out of channel ?
3. After breakout of channel and new low formed eventually after some time, when and how can we know trend is clearly reversed and we have to look for reversal trades?
4. General question, suppose when we r with in channel we take 2nd pull back entry. Can we repeat this process every time or we should take first time and wait for new low again to take entries?
Sorry for bothering you with all these qtns
1 - After new low you expect correction or reversal. Only if trend is strong and continues pushing lower you look for wider channel.
2. - I don't quite understand the question.
3 - We wait for reversal pattern which I have a video about reversals too. We generally don't want to blindly pick bottom as a reversal. Push above EMA, two failed attemps and EMA holding is good sign market is reversing with reversal pattern.
4 - When you are trading main channel you look for second entries. While the second entry is forming you are watching corrections in the main channel. Preferably you want to see new extreme even for the correction but attempt may be enough.
Salute for your detailed explanations 🙏🙏
Can i ask you what is the market where i can use your instructions is it gold or another one??
I trade ES SP500 futures. But price action works in all markets. Futures are the best to trade in my opinion. You can trade this on ES, NQ, CL, Gold etc.
Always Stay blessed for your educational videos sharing and respect your efforts. You are one of the eye opener.... keep rocking brother. Fan from India
This strategy fits to forex and cripto? and what time frame? thanks for the video
ruclips.net/video/hWjUp_Df_t0/видео.html
I would still recommend futures though or stocks. Forex and crypto has lot of noise
This is mainly sclaping strategy so 1-5 minute timeframes. I use 2000 tick chart.
Nice work
nice explanation sir, which is the MA u r using?
I use 21 bar EMA.
Thanks to u bro
Hi Thomas, why are you not using the previous 2 days highs and lows as support and resistance zones? I find them to be reliable support and resistance zones when I am trading the ASX200.
I generally focus only on current day price action. Nothing wrong with using little bit of previous day price action but generally we don't need to do that. Recent structure will tell you everything.
Hi, Can you please tell me the Time frame you use these strategies.
Thank you.
I trade 2000 tick chart.
Hey I have a question, you ever see those trends where the line fits perfect on the highs but the lows are flat at a support. What is that and why does that happen. Cause sometimes it breaks down or out. Why does this happen what’s creating that, and how do you play it or possibly play.
Youre the best.
Thank you
It would be nice if you would increase the size of your mouse pointer. Unable to see it on the chart unless you move it! Especially since it is white, the same color as the background.
Just a recommendation.
I got the same thing from traders before, this video is older but in the newer ones I started using mouse pointer that is more visible.
One doubt , you mark the second entries in a arrow . But we only realize that it’s second entry when the next bar breaks its low by one tick in case of short , so we cannot enter the trade in second entry but after the one tick . Means you place the order not on second entry but when it breaks ?
What are you using for an EMA? 8,10, 20?
21 bar EMA.
Your videos are super but you didn't put in arrangements sir but much love to you
I've been enjoying your videos but I still feel a little lost with some of the terminology and rules. I haven't studied either Mack's PA nor Al Brooks and want to start studying them. Would you recommend Al Brooks or Mack's for someone starting out? From my research it seems Al Brooks is much harder to understand. What do you think? Thanks for the content!
Both are great. Al Brooks was the very first trader who first described price action terminology. Mack is little easier to understand, Al Brooks is much more complex. I can recommend both but you can start with Mack. It is easier for beginners. Make sure to watch free videos first so you get really familiar with the strategy. It will help alot.
@@ThomasWade Thank you! keep making great videos!!
if it is one minute candle stick time frame, does it work for stocks
Yes it does. Make sure the market is liquid.
What time frame do you use in this video?
2000 tick chart.
A well explained video for beginners, one thing I can attest to is that with adequate support from a qualified personnel can go a long way in your journey of being an independent trader.
Tutorial videos like this really helps
Trading may be infuriating to most people especially if you are a newbie without frequent supervision.
Austin Cole I am still a beginner, your help would be much appreciated?
I am also under the supervision of the renowned Edwin Earl and I depend on his experience to make trading easier for me.
I keep seeing positive reviews about Edwin Earl on several forums, what is he known for?
Thank you for all your video lessons and advices.
Hi!! Witch EMA do you use?
It is 21 bar EMA
I asked the same, than read comments, yes I know, I should do that in reverse.
If more traders got information , 80 % of them would not be losers !!
True
Hi, very interesting and you know your stuff, but if I may give you a word of advice, prepare your text before recording. You're jumping from one thing to another leaving out key elements of the trade. I' m afraid a novice trader would walk out terribly confused, not understanding when he should go long, short or just sit on his hands. Anyway, good job, keep it up.
What are the coordinates for the ema sir?
21 bar EMA.
Brother you are providing very quality education which really works better than all other trading methods
Thanks for all this guru ji
Love from Bharat 🇮🇳 (India)
Sir how can I contact you for more information?
Go to 29.29,it's hilarious, that's what I say Quality content ,one question Sensei does all this works in option also and please share your email
Hahaha :D Price action rules work in every market and every timeframe but every market has its own tendencies... But I dont think I would recommend trading this for options. Why complicate it? You can contact me at thomaswadetbe@gmail.com
@@ThomasWade I won't be trading options, just asked for knowledge. Thanks
What ema are you using 15, 21, 34??
21 EMA
At 17.09 I guess you are talking about failed second entry. It is a bit confusing
I talked about failed second entry correct. I talked about second entry first because it is part of the failure.
@@ThomasWade thank you. Your videos are a great help and complement beautifully Al’s books. The question with after sight is that we miss a lot of good entries. Personally I cannot spend 8 hours in front of a computer doing nothing. It is a real problem. May I ask your opinion about Oliver Velez who is simplifying the PA process?
@@mauriceamaraggi8098 I am not that familiar with Oliver Velez. I have never seen him trade.
Depends on price action. Sometimes we get good setups right after open and sometimes we have to wait more. There is nothing wrong with trading only couple of hours. In fact that is what I am trying to do. You are the most focused anyway for only couple of hours.
@@ThomasWade If you have the opportunity to watch one of his numerous videos, it would be interesting t have your opinion. He simplifies the process but, for me, the big challenge is trading TR. When there is an obvious trend it is easier.