How to Read the Market - Understanding the Market's Language

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  • Опубликовано: 10 дек 2024
  • Weighted AD indicator for thinkorswim:
    www.shadowtrad...
    Weighted AD indicator for TradngView:
    www.techniment...
    Cumulative Tick Indicator for thinkorswim:
    www.shadowtrad...
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    Twitter: / peterreznicek
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Комментарии • 174

  • @carlosbaena4839
    @carlosbaena4839 2 года назад +12

    Gratitude will not be the adequate term I want to use for your video today, but rather an overwhelming wealth of information fo how you read markets using your indicators, in combination to the ruling reason, thank you Peter for the time you dedicate your audience to educate us into reading this difficult market

  • @Remember-Death
    @Remember-Death 2 года назад +3

    10 Grand in a day! Nice flex Peter, breaking out the daily P&L. Love it.

  • @dentrecasteaux1523
    @dentrecasteaux1523 2 года назад +3

    Great education. Must watch again and again. The trend line sideways approach was info was eye opening. Thank you !

  • @johnpalmer9211
    @johnpalmer9211 2 года назад +1

    Peter that was spectacular ...so much so that
    ill have to watch it again ..and take notes !..

  • @badbenjy
    @badbenjy 2 года назад +1

    Best episode ive seen yet.will be re-watching and taking notes.

  • @sisyfos33
    @sisyfos33 2 года назад

    Loved how you put words on a phenomenon I have experienced many times. The sideways approach towards a trendline... it is like you say it almost never reacts at the trendline when you get that type of PA.

  • @adaniels085
    @adaniels085 2 года назад +14

    You should hop on the Thinkorswim squawk next week and show us in real-time how well your weighted A/D and quad predict market action. Too easy to look backward and find "confirmation" of how well it works.

  • @slevin4591
    @slevin4591 2 года назад +4

    You are AWESOME! Thanks for all you do.

  • @AliceinWonderlandzz
    @AliceinWonderlandzz 2 года назад +6

    Damn Peter. I learn so much every time I watch you. You are so right about the head fakes and the chop - it's punishing intra day trades hard. I'd love to hear more about how you set your stops mentally and physically. I sometimes feel like the market watches me set my stop and then just reaches out to stop me out and turns back on trend. I'm getting a persecution complex!!

    • @therealshadowtrader
      @therealshadowtrader  2 года назад +2

      It's definitely not out to get you. It has no idea you (or I) exist. There is no "they" ... there are only buyers and sellers that have different timeframe outlooks.

    • @AliceinWonderlandzz
      @AliceinWonderlandzz 2 года назад

      @@therealshadowtrader Yes - thanks to your insights I am learning to feather my intraday trades only in the longer time frame direction. I use 5 minute trendlines and fast stochastic crosses for entry and then 1 minute trendlines on the option for exit - works well but I get pushed out often.
      Thanks for all your education.

  • @TradeTalkFarsi
    @TradeTalkFarsi 2 года назад +18

    ADSPD started to go up from 11 to 12 so looking at it around 11 wouldn't tell us that the bottom might be in... We had to wait until 12 to actually see the divergence which is not really a leading indicator

    • @ricomajestic
      @ricomajestic 2 года назад +2

      Leading indicators dont exist. Nobody can see the future.

    • @barefootbobmusic2362
      @barefootbobmusic2362 3 месяца назад

      Yes was noticing that too, it moved the same as price.

  • @Tw1stedTrader
    @Tw1stedTrader 2 года назад +1

    These concepts are new to me...thank you Peter!!

  • @saltcafe7597
    @saltcafe7597 2 года назад +3

    Phenomenal video!!!😀

  • @Quantumfuturestrader
    @Quantumfuturestrader 2 года назад +1

    Good one. So important to look at the different markets at once a lot to it but this is great

  • @nadiapanagiotaki5658
    @nadiapanagiotaki5658 2 года назад +1

    Excellent video ONCE AGAIN Peter. Thank you so much for all the work you are doing for all of us. Kudos!

  • @azmetalman73
    @azmetalman73 2 года назад +2

    Finally a great explanation of the breadth and how to use it! Peter, thank you for all the effort you put into educating the public about the market!

  • @nileshgada
    @nileshgada 2 года назад

    One of the best videos i watched on technical analysis!! Awesome information!!

  • @tsycecilia
    @tsycecilia 2 года назад

    thanks for your sharing! you have brought TA to another level. I learnt a lot!

  • @TheJaihanuman
    @TheJaihanuman 2 года назад +5

    Peter is a great mentor. His approach to technical analysis is excellent.

  • @saadrahman6081
    @saadrahman6081 2 года назад

    my most waited video every week

  • @DCS01
    @DCS01 2 года назад

    True!!!
    Such content! Such essence!
    Yeah!

  • @tomeksiwiec9980
    @tomeksiwiec9980 2 года назад +1

    Thanks Peter - one of the best videos. Learned a lot

  • @HobbyZobby
    @HobbyZobby 2 года назад +2

    Incredible knowledge, thanks for the video!

  • @hman230
    @hman230 2 года назад

    That last nugget about trendlines is eye opening. I was debating whether to get PPremarket P, but seems like I can’t afford not to now. Thanks Peter!

    • @therealshadowtrader
      @therealshadowtrader  2 года назад

      It's too reasonably priced not to! Can you use it to make at least $1 per day in the market? Then it's paid for itself!

  • @benpyeatt9986
    @benpyeatt9986 7 дней назад

    Great info about how price approaches a trend line.

  • @mikedok1
    @mikedok1 2 года назад

    That was brilliant, Peter. Thank you

  • @trickdaddyaz03
    @trickdaddyaz03 2 года назад +1

    Caught that cross through the open partial gap fill today!!!

  • @marcojuarez3358
    @marcojuarez3358 Месяц назад

    Absolutely fantastic...thanks for posting.

  • @rgdwn1681
    @rgdwn1681 2 года назад

    hi Peter.jusyt
    want to echo what other people have commented on. just a fantastic video. learned a bunch. thanks for the info.

  • @BrokerBarbara119
    @BrokerBarbara119 2 года назад +3

    Thank you Peter! The S&P rally the last 5 minutes of the trading day almost got me.

  • @WhittyPics
    @WhittyPics 2 года назад

    What I have been seeing that over the last 3 months is DEFENSIVE sectors along with energy leading.

  • @flylear45
    @flylear45 2 года назад

    Thanks for the last 'pro tip' concerning approaching trend lines. It will give me more confidence to take proper action going forward.

  • @gennytrickett1580
    @gennytrickett1580 Год назад

    I must be getting better… because I understood a lot of what you said better than past months

  • @spezzatura7086
    @spezzatura7086 2 года назад

    Thanks for these easy to understand videos on how to do MGI analysis of the markets.

  • @floridaboomer523
    @floridaboomer523 2 года назад

    Awesome tutorial. Thanks

  • @joshuayeo2414
    @joshuayeo2414 2 года назад

    Really awesome video Peter! Thanks!

  • @DarthTraderMaul
    @DarthTraderMaul 2 года назад

    Good stuff Peter, always appreciated!

  • @stevek33
    @stevek33 2 года назад +1

    Hi Peter. how do you putvthe NYSE and NAS breath readings indicator on the $VOLD chart? thanx!!

  • @madhusudhandixit8149
    @madhusudhandixit8149 2 года назад +1

    Awesome as always! Thank You 🙏

  • @Purposable
    @Purposable 2 года назад +3

    Rocking the grey. Thank you for taking the time to share your thoughts on the market as well as how you interpret the MGI. It’s always a satisfying process to compare my thoughts/observations to your own.

  • @Morty602
    @Morty602 2 года назад

    Great video Peter. Thank you.

  • @prairiebrothers9044
    @prairiebrothers9044 2 года назад

    Just recently found you. Sorry to hear, for my selfish reasons, that you don’t make these videos as often. But the ones I have watched have been very good. Thank you

  • @FilippoCordioli
    @FilippoCordioli 2 года назад

    Very helpful information :) thanks

  • @joseph155
    @joseph155 2 года назад

    Nice trend line tactics. Thanks Peter.

  • @jenBaker707
    @jenBaker707 2 года назад

    You can customize TOS watchlist to show %change or %mark. My sectors I use %change, equities use %mark.

    • @therealshadowtrader
      @therealshadowtrader  2 года назад +3

      Yes but not "% change from open." That's the most important thing I'm talking about in the video.

    • @jenBaker707
      @jenBaker707 2 года назад

      @@therealshadowtrader Thank you for clarifying.

  • @elvinmaldonado7874
    @elvinmaldonado7874 2 года назад

    Absolutely fantastic content 😊. Thank you very much.

  • @ICTaison
    @ICTaison 2 года назад +1

    You are my "Go To Guy" for quality market advice and analysis. Thanks

  • @MrSmoothis
    @MrSmoothis 2 года назад +8

    Peter you’re the man, thank you for the effort of putting this together for us plebs!

  • @YavuzAlavi
    @YavuzAlavi 2 года назад

    Thank you Peter.

  • @bradyrobertson23
    @bradyrobertson23 2 года назад

    I love your content so much , thank you !!!

  • @markandrus8879
    @markandrus8879 9 месяцев назад

    This was great, thank you very much. I learned a lot.
    Where did you get that list of sectors %Change that updates real time from the open?

  • @richwu6752
    @richwu6752 2 года назад

    Always great content!

  • @dvtco.2545
    @dvtco.2545 2 года назад

    Great video and information, as always. Thx again!

  • @chodge12x
    @chodge12x 2 года назад

    Thanks Great Video . Are you worried about the potential cross of the 50 thru the 200 on the spy for more downside ?

  • @terribreed7637
    @terribreed7637 2 года назад +1

    One of the best weekly videos ever. Really.

  • @PtAltoLady
    @PtAltoLady 2 года назад

    Brilliant Peter! You just packed so much into this weeks video. I am a day trader, not an options trader but a proud member of your weekly options advisory. It’s invaluable to my trading. I need to focus and I value how you come on just at the right times of the day with important things we should be watching. I am so glad you talked about the divergence of the AD indicator on Friday. It was something I was watching all day. That was very helpful. Thank you for all you do.

    • @therealshadowtrader
      @therealshadowtrader  2 года назад

      great to have you aboard! thank you for your continued support.

  • @takiyahsanders969
    @takiyahsanders969 2 года назад

    Thanks, Peter!

  • @richard-ri2qe
    @richard-ri2qe 2 года назад

    excellent video, thank you for sharing

  • @jrabel
    @jrabel 2 года назад +3

    Absolute gold! I feel like I owe you some tuition for this course.

    • @therealshadowtrader
      @therealshadowtrader  2 года назад +2

      Just remember that I'm the guy that NEVER sold you some $1495 course. It is gold and if you watch carefully, this is all you need to be successful.

  • @jasontaylor2237
    @jasontaylor2237 2 года назад +1

    Peter i thought you didn't trade futures. Great info as always. Been watching for a long time.

    • @adaniels085
      @adaniels085 2 года назад

      He only mentions it when he gets lucky and makes money.

  • @billievanderwerben1430
    @billievanderwerben1430 2 года назад

    Thanks Peter!

  • @mml1224
    @mml1224 2 года назад +1

    fang+T analysis like old times peter? thanks

  • @dgreenamyre
    @dgreenamyre 2 года назад

    Appreciate the extra depth

  • @elizabethshaw2465
    @elizabethshaw2465 2 года назад

    Really useful insight into trend lines.

  • @jimsanityliu2318
    @jimsanityliu2318 2 года назад +1

    Peter, how do we set up the $VOLD in TOS like you?

  • @michaeltoma1023
    @michaeltoma1023 2 года назад

    I often wonder if Peter knows how unique and special he is to our trading space. Great job Peter as always!

  • @radpoker47traderandplayer22
    @radpoker47traderandplayer22 2 года назад

    Peter, loving the weighted AD. How do you get the yellow line (day change) to be yellow and match up? Thanks

  • @SalvatorePalombizio
    @SalvatorePalombizio 2 года назад

    Gold Peter, Gold!

  • @johnthomson8332
    @johnthomson8332 2 года назад

    Lot of good info thanks.

  • @manojpatel9125
    @manojpatel9125 2 года назад

    Awesome stuff. Enlightening with tips given.
    Do You think the cumulative tick indicator is going to be available for trading view?

    • @therealshadowtrader
      @therealshadowtrader  2 года назад +1

      we could work on that, I'll look into it...

    • @jean-marcducommun8185
      @jean-marcducommun8185 2 года назад +1

      @@therealshadowtrader I would very much appreciate if you could provide your indicators for trading view as we have chosen this platform for our team managing a fund. Sure we would like to set up the 4 window view as you recommend.

  • @hugopeterssen362
    @hugopeterssen362 2 года назад

    SP500 has a gap at 4.170 do u think will be filled this week after CPI? tia

  • @georgeblattner343
    @georgeblattner343 2 года назад

    I like your analysis...can you also look at gold silver and oil....currently long all 3 and periodically short spy and qqq...seems like we are in a bear market...

  • @iancaseydouglas
    @iancaseydouglas 2 года назад

    Your old setup was much better for looking at chart details. Maybe you could have a zoomed in view that shows when you're talking details.

  • @gambleli
    @gambleli 2 года назад

    Is there a script foe this weighted and unweighted indicator for tc2000 or tradingview?

  • @jack_sparrow1049
    @jack_sparrow1049 2 года назад

    what does the yellow and pink color mean on the weighted ad ?

  • @lonniefarmer7067
    @lonniefarmer7067 2 года назад

    Thanks!

  • @chucklewis9938
    @chucklewis9938 2 года назад +1

    One of your best videos. Thank you for spending the time today

  • @hc3550
    @hc3550 2 года назад

    Peter got the grizzly paw to the face today

  • @ummerali5984
    @ummerali5984 2 года назад

    Does it work with Ninja traders ?

  • @sandrahoward5512
    @sandrahoward5512 2 года назад

    Thank you!

  • @adibc55
    @adibc55 2 года назад +1

    Excellent training video! Exactly what I was hoping for with regards the quad & weighted A/D. Thank you.

  • @specopstrader
    @specopstrader 2 года назад

    Thank you Peter for all of your hard work and content!

  • @jimsanityliu2318
    @jimsanityliu2318 2 года назад

    hi Peter, can you make a video of how you read the QUAD while the market is live?

  • @wcc1212
    @wcc1212 2 года назад

    What trading software is he using?

  • @alexm5632
    @alexm5632 2 года назад +1

    Peter I haven't found it on trading view ...

    • @therealshadowtrader
      @therealshadowtrader  2 года назад

      the link is in the description of this video

    • @alexm5632
      @alexm5632 2 года назад +1

      @@therealshadowtrader thank you. Could you do please paid seminar/training for market profile beginning, intermediate, advance? Much better to have courses with you, with your practical examples then read J book, without interacting with instructor.... PLEASE

  • @ThangGSB
    @ThangGSB 2 года назад

    Thanks Peter ! How can I find out the weight of each sector percentage wise?

  • @josephknurek7795
    @josephknurek7795 2 года назад

    great tips

  • @attilazoltanszucs5945
    @attilazoltanszucs5945 2 года назад +1

    Great video and lot of useful information in there, thank you! One question, about a month ago SPX trendline was in a different position as I recall, when and how do you modify an existing trendline ? What is the argument for the change of it? (time period, price action?)

  • @BillyJ10
    @BillyJ10 Год назад

    👍 Great Stuff

  • @jean-marcducommun8185
    @jean-marcducommun8185 2 года назад

    This was an amazing lecture professor Reznicek. I'm starring into my 1h or 15 min charts but compared to your holy 4 I feel like Steve Wonder compared to Winnetou. I have to have it! Thank you for this very clear and insightful presentation. Be the trend with you!

  • @JeffreyWilson-p2s
    @JeffreyWilson-p2s Год назад

    into GOGY, seeking advice.

    • @pappunsu1
      @pappunsu1 Год назад

      It is doing insane. Already crossed ATH today.

  • @mobiledetail4you
    @mobiledetail4you 2 года назад

    The most useful
    Mgi analysis out there. Thanks Peter!

  • @robertcliffort2354
    @robertcliffort2354 2 года назад

    great.

  • @stumpdintallekt397
    @stumpdintallekt397 2 года назад

    To my sight the market is in a clean down-trending channel, which can take another few months to produce a mid-term bottom. As far as the Feb low, it reminds me of a mirror version the big COVID vaccine 3% gap up in Aug 2020. It gets to that target once real hard and quick, only to get there again in a much slower, orderly fashion and then break it.

  • @sergioanderson2181
    @sergioanderson2181 2 года назад +13

    $32,000 returns in just 16days, my financial life is totally changed

    • @akangetyolumun94
      @akangetyolumun94 2 года назад +3

      OMG! You Trade With Mrs Lauren Simmons too I thought 🤔people don't know her that well... she's really awesome!

    • @kiaricephus5502
      @kiaricephus5502 2 года назад +1

      Those scammers they promise to make up to $50,000 profit within the space of 7 days with just $2000 to invest and end up not even refunding your capital but she's a woman of integrity, with $2000 Mrs Lauren will tell you can only make profit within the range of $10,000 to $12,000 and actually delivers.

    • @heleybowers6291
      @heleybowers6291 2 года назад +2

      @@kiaricephus5502 Her method surprises me

    • @briantoro8211
      @briantoro8211 2 года назад +2

      @@akangetyolumun94 How can I reach out to Mrs.Lauren Simmons?

    • @akangetyolumun94
      @akangetyolumun94 2 года назад +6

      @@briantoro8211 Her availability is sure on ⤵️⤵️⤵️
      what's app

  • @fredrahbar5678
    @fredrahbar5678 2 года назад +2

    Thank you Peter for your in depth
    Technical analysis & Quad Display
    We are not out of the woods yet …
    ⚠️ March 18th, Capitulation Caution 💥

  • @ssunkite1
    @ssunkite1 2 года назад

    Awesome insights. Thank you very much for sharing your knowledge.

  • @mikethestockimpaler3049
    @mikethestockimpaler3049 2 года назад +1

    👍 Good job, Peter!

  • @wedsonolivia4103
    @wedsonolivia4103 2 года назад +2

    My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless

    • @presley492
      @presley492 2 года назад

      May I ask which stocks are good? I've been looking at a few different ones but want others' opinions as well

    • @wedsonolivia4103
      @wedsonolivia4103 2 года назад

      what i think you need is a Financial Adviser, who can help you get in and out of any stock you buy at any time and you'd sure be in Profit

    • @presley492
      @presley492 2 года назад

      who would you recommend?

    • @wedsonolivia4103
      @wedsonolivia4103 2 года назад

      MARISSA SAPONARE, That's whom i work with

    • @presley492
      @presley492 2 года назад

      i have seen loads of news of Marissa Saponare on the internet, she must really be that good for she to be talked about in such a way..,is MARISSA SAPONARE on youtube? please how do i reach her

  • @kaoxiong522
    @kaoxiong522 2 года назад

    👍👍👍👍I love 👍👍👍👍

  • @lextrader7916
    @lextrader7916 2 года назад

    Awesome video ! Learned so much from this