5 Price Action Rules EVERY Trader NEEDS To Know

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  • Опубликовано: 14 май 2024
  • Price action describes the characteristics of a security’s price movements. This movement is quite often analyzed with respect to price changes in the recent past. In simple terms, price action is a trading technique that allows a trader to read the market and make subjective trading decisions based on the recent and actual price movements, rather than relying solely on technical indicators.
    Instagram - / realthomaswade
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    Price Action Rules
    0:00 Introduction to Price Action Rules
    1:15 Trendline Rule
    5:59 Don't Counter Trend Trade
    8:25 Trading Range Rule
    12:46 High Probability Setup Rule
    17:23 Signal Bar Rule
    18:26 Rules For Trading Trading Ranges
    23:14 Rules For Trading Uptrends
    26:47 Rules For Trading Downtrends
    1) Trendline Rule
    2) Don‘t Counter Trend Trade
    3) Trading Range Rule
    4) High Probability Setup Rule
    5) Signal Bar Rule
    The only people who know where the market is heading are institutions. They are the ones who make the market move and our job as retail traders is to follow their footsteps and get the piece of their movement. As price action traders we need to find the most profitable ways to enter trades. The highest probability setups are 2nd entries at the key entry points.
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Комментарии • 1,8 тыс.

  • @ishmaelmatshai1987
    @ishmaelmatshai1987 Год назад +135

    Thanks!

    • @ThomasWade
      @ThomasWade  Год назад +36

      Than you so much! You didn"t need to do that but I appreciate it :)

    • @anantsutar8507
      @anantsutar8507 Год назад +1

      Thank you for supporting

    • @Rayal2300
      @Rayal2300 Год назад +4

      @@ThomasWade bro let me ask you what ema is that ?

    • @ThomasWade
      @ThomasWade  Год назад +9

      @@Rayal2300 21 bar EMA.

    • @youarenotcoolenough
      @youarenotcoolenough Год назад +2

      ​@@ThomasWade hello great video! I have 1 question, do you tweak the smoothing factor in ema or leave it at sma 5 ?

  • @dianesullivan5338
    @dianesullivan5338 15 дней назад +484

    Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to go for.

    • @HildaBennet
      @HildaBennet 15 дней назад

      Long-term investors know the market and economy will recover eventually, so they position themselvesfor the rebound. Personally still going hard on this crazy market and I'm doing just fine. My portfolio currently up 43% right now. I am going to sit back and observe how this all plays out, adding more stocks at a time.

    • @beafoster747
      @beafoster747 15 дней назад

      Don't downplay the importance of fiduciaries or else you might get burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch 15 дней назад

      Hi, I;m interested. Mind if I ask you recommend this particular professional you use their service? honestly right now i have quite a lot of marketing problems.

    • @beafoster747
      @beafoster747 15 дней назад

      Google Sonya Lee Mitchell and do your own research. She has portfolio management down to a science

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch 15 дней назад

      I ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.

  • @JosephBrannigan-df3gn
    @JosephBrannigan-df3gn 7 дней назад +245

    As an investing enthusiast, I've kept aside a good sum of capital to invest for financial independence and early retirement, but my concern right now is the market rally being propaganda. Is this a good time to buy stocks, or do I wait for the crash?

    • @KatheyWilliams-kh3wr
      @KatheyWilliams-kh3wr 7 дней назад

      The stock market can appear as a bewildering cauldron of fake news for new investors. I would advise using a CFP, giving him/her 2/3, and then investing the 1/3 on your own, but only if you have time to track stocks and educate yourself.

    • @JeanDuong-yc3xv
      @JeanDuong-yc3xv 7 дней назад

      @@KatheyWilliams-kh3wr True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit a 90% rise from early last year. My CFP and I are working on a 7 figure ballpark goal, though this could take till Q3 2024.

    • @JamesBarnes-rz8yr
      @JamesBarnes-rz8yr 7 дней назад

      @@JeanDuong-yc3xv Please who is guiding you and how?

    • @JeanDuong-yc3xv
      @JeanDuong-yc3xv 7 дней назад

      @@JamesBarnes-rz8yr She goes by the name ‘Victoria Carmen Santaella’ I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finances, but so glad I did.

    • @JamesBarnes-rz8yr
      @JamesBarnes-rz8yr 7 дней назад

      @@JeanDuong-yc3xv I will give this a look, thanks a bunch for sharing.

  • @kaylawood9053
    @kaylawood9053 Год назад +461

    Heard someone say the best season for a fin.ancial breakthrough is now, especially with inflation running at a four-decade high. I have approximately $750k stagnant in my port_folio that needs growth. What is the best way to take advantage of this downturn?

    • @legacymedia8468
      @legacymedia8468 Год назад +1

      That’s right! Downturns provide plenty of opportunities for regular people to build wealth from the scratch. However, you may need to get some professional advice from an Invest-ment planner if you need an aggressive return.

    • @cloudyblaze7916
      @cloudyblaze7916 Год назад +1

      Recessions are where millionaires are created. After my port_folio took a big hit in April, I was forced to employ the services of an Invest-ment-analyst who has not only accrued a profit of $250k for me since then but has also taught me how.

    • @stevensmiddlemass2072
      @stevensmiddlemass2072 Год назад +3

      who is this individual guiding you? I lost over $9000 just last week, so I’m in dire need of a financial-planner.

    • @cloudyblaze7916
      @cloudyblaze7916 Год назад +1

      The advisor I use is Theda Helene Jackson, she's verifiable , so you could just search her

    • @albacus2400BC
      @albacus2400BC Год назад +2

      Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

  • @theresagarcia1218
    @theresagarcia1218 Год назад +489

    "From my perspective, this highlights the importance of having a competitive advantage as investors. Merely mirroring the market strategies of others is insufficient in achieving optimal results. I am currently grappling with the decision to invest in the current market, as it presents both uncertainty and opportunity. Could you share your insights on this matter?

    • @greenquake11931
      @greenquake11931 Год назад

      The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.

    • @helenoliver4838
      @helenoliver4838 Год назад

      market uncertainties are the reason I don’t base my market judgements and decisions on rumors and here-says, got the best of me in 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happening in my portfolio, been using the same advisor and I’ve scaled up $3million within 2years, whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.

    • @stellamoore720
      @stellamoore720 Год назад

      @@helenoliver4838 True, we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides you help?.

    • @helenoliver4838
      @helenoliver4838 Год назад

      @@stellamoore720 The adviser I'm in touch with is 'MARGARET ANN WARNKEN" and yes she can help. But note you can use something or someone else. for me her strategy works hence my result.

    • @stellamoore720
      @stellamoore720 Год назад

      @@helenoliver4838 Thank you for sharing; I just Googled her name and her website came up right away. It looks interesting so far. I'm going to write her a message and hopefully it all goes splendidly.

  • @noblebach6539
    @noblebach6539 Год назад +95

    To whoever reading this , never stop chasing your dreams you can do it . Keep pressing and thriving you will make it ! Consistency is the key to achieve your goals

    • @stevenwoods7198
      @stevenwoods7198 Год назад +2

      I feel it's the right time to invest , it's when you can get the better deals EVER , love your content . keep it up , You make the most complicated things so simple . Consistency . Discipline . Success to all upcoming millionaires I'm really interested in investing .

    • @paulnicolas5742
      @paulnicolas5742 Год назад +1

      The mind replays what the heart can't delete . So be careful what you keep in your heart . Purify it often

    • @stellaparker2372
      @stellaparker2372 Год назад

      Bitc0in trading is just like any other business but in this case more sophisticated and advanced .

    • @noblelucky8666
      @noblelucky8666 Год назад +1

      Investment put you ahead in life , is like buying a day off you don't have to work again , invest now and secure your future .

    • @williamscarson7850
      @williamscarson7850 Год назад +1

      Starting early is the best way getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to a decent payouts, with the right skills and proper understanding of how the market works

  • @ivankagel9949
    @ivankagel9949 8 месяцев назад +109

    Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life beause I invested early ahead this time .

    • @Natalieneptune469
      @Natalieneptune469 8 месяцев назад +2

      These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $109k now to put in the market.

    • @Robertgriffinne
      @Robertgriffinne 8 месяцев назад +2

      Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.

    • @tradekings5433
      @tradekings5433 8 месяцев назад +2

      true, A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.

    • @Natalieneptune469
      @Natalieneptune469 8 месяцев назад +1

      Mind if I ask you to recommend how to reach this particular coach you using their service? Seems you've figured it all out unlike the rest of us.

    • @tradekings5433
      @tradekings5433 8 месяцев назад +4

      My advisor Kate Elizabeth Amdall“” is highly qualified and experienced in the financial market.She has extensive knowledge of portfolio diversity and is considered an expert in the field.

  • @camilascarlett7736
    @camilascarlett7736 Год назад +121

    I started investing when I was 27, mostly through sweat equity. I just turned 32 and this last month was the first time that my passive income broke $100k for the month. This is solid advice! DO IT!
    You don’t have to get rich quick, you just have to get RICH no matter what. 👍🏼

    • @camilascarlett7736
      @camilascarlett7736 Год назад +2

      @Larry BrendaNot at all Having monitored my portfolio performance which has made a jaw dropping $473k from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market. I must say it's the boldest decision I've taken since recently

    • @camilascarlett7736
      @camilascarlett7736 Год назад +2

      @Zeo Stella The adviser I'm in touch with is "Jayden Nadav Bishopson" . He works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else, for me her strategy works hence my result. She provides entry and exit point for the securities I focus on

    • @amtrades5336
      @amtrades5336 Год назад

      @@camilascarlett7736 what a joke

    • @climaxyal9612
      @climaxyal9612 11 месяцев назад +1

      ​@@amtrades5336 😂😂😂scammers

    • @emmanuelngwu-remigius1164
      @emmanuelngwu-remigius1164 11 месяцев назад +3

      Scammers 😂

  • @darnellcapriccioso
    @darnellcapriccioso 11 месяцев назад +336

    Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $400k portfolio is down by approximately 20 %, any recommendations to scale up my ROI before retirement will be highly appreciated.

    • @richardhudson1243
      @richardhudson1243 11 месяцев назад +5

      During such moments, it becomes crucial for investors to remain vigilant against future certainties. It is not necessary to act on every prediction, so I recommend acquiring the services of a financial advisor who can offer guidance on when to enter or exit specific stocks/ETFs you are interested in.

    • @tatianastarcic
      @tatianastarcic 11 месяцев назад +4

      @@richardhudson1243 It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $850k.

    • @maiadazz
      @maiadazz 11 месяцев назад +4

      @@tatianastarcic I find your situation fascinating. Would you be willing to suggest a trusted advisor you've worked with?

    • @tatianastarcic
      @tatianastarcic 11 месяцев назад +3

      @@maiadazz It's best you do your due diligence, I have my portfolio overseen by ‘Laurel Dell Sroufe’ and her qualifications speak for itself. Most likely, the internet is where to find basic info, she has a noticeable page for consulting.

    • @ericmccormick82
      @ericmccormick82 11 месяцев назад +2

      @@tatianastarcic Researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals and scheduled a call.

  • @henrymatthew2186
    @henrymatthew2186 Год назад +146

    The best investment one can do right now is investing on Forex trading though stocks are good but ever since I swapped to Forex, I've seen so much difference

    • @richhands5369
      @richhands5369 Год назад

      I have been making a lot profit through forex trading which has been the main source of my income

    • @richhands5369
      @richhands5369 Год назад

      Actually an expert broker handles my forex investments while I invest in some real estate with the profit I make

    • @richhands5369
      @richhands5369 Год назад

      John Hook handles my investment portfolio, he's an expert when it comes to trading forex.

    • @richhands5369
      @richhands5369 Год назад

      He made over $12k with my $2k start up capital

    • @richhands5369
      @richhands5369 Год назад

      He's available on G mail

  • @M_Harry2
    @M_Harry2 11 месяцев назад +438

    You may never know the value of that €1 you have until you go bankrupt, the bad experience I had last year really made me feel that our programs schools must contain more financial knowledge and education. It is never enough to have a good job, a huge salary and all the luxuries at your disposal. But saving money and investing wisely is never a bad idea,... I learned how to invest, no matter how little, but life really believed me in the long run. Thank you for the nice video, it's always interesting to watch your content >

    • @J_parker
      @J_parker 11 месяцев назад +4

      < Financial education is crucial today, and a buy-and-hold strategy may not be effective. Sherman Williams Trading taught me a lot about trading and improved my financial situation. Using trade signals generates competitive returns and stability. Time in the market vs. timing the market helps investors stay calm. Since I started, I've been making more money and seeing positive results.

    • @Aless.D
      @Aless.D 11 месяцев назад +1

      The stock market is a place where companies raise capital by selling stocks or shares to investors. Shares give shareholders voting rights, as well as a residual claim to company profits in the form of capital gains and dividends.
      But investing in cryptocurrencies is better because you earn more and better.

    • @Maria-bd4du
      @Maria-bd4du 11 месяцев назад +4

      < In my role as a financial planner, I serve clients with varying income levels. But my goal is the same for everyone I know. I want to help wealthy families continue to build wealth while helping young families achieve their financial goals. Your investment creates a safe haven for the future and helps you through the economic crisis.. The best person i can ever recommend when it comes to cryptocurrency trading is Sherman Williams Trading

    • @lonutifrim2750
      @lonutifrim2750 11 месяцев назад

      >

    • @Maria-bd4du
      @Maria-bd4du 11 месяцев назад +7

  • @Eli-gg9zd
    @Eli-gg9zd Год назад +172

    This has to be one of the most honest approaches to educating traders that I have seen. No wishful thinking, no get rich promises, just a clear and concise strategy that asks for only one thing - patience. And that’s the main reason why most will fail in following these guidelines. Thank you all the same - I’m sure that at least 5% will benefit.

  • @trashpandacentral9159
    @trashpandacentral9159 Год назад +13

    “Markets are designed to make countertrend entries favorable and with trend pullbacks look sketchy” truer words have never been spoken. It’s so easy to trade countertrend and so hard to stay in a with trend trade for this reason. We have to remember that if it’s easy, it’s a trap. The money is trading the difficult.

  • @datadata2521
    @datadata2521 3 месяца назад +17

    i watched your video 3 times this morning, and i traded today live with a small amount to test it, 30 dollars, i finished doing 50% of return which i never made in 1 month as a beginner trading that just started learning. God bless you Thomas.

    • @ThomasWade
      @ThomasWade  3 месяца назад +7

      Still I would recommend starting on SIM first to prove your consistency.

    • @AlexMiranda-ui5uv
      @AlexMiranda-ui5uv Месяц назад +1

      how did you trade live can you let me know where to sign up because ima beginner believing in myself

    • @ThomasWade
      @ThomasWade  Месяц назад

      @@AlexMiranda-ui5uv Find a good broker supported in your country. Ninjatrader or AMP Futures, Interactive Brokers are solid.

    • @AlexMiranda-ui5uv
      @AlexMiranda-ui5uv Месяц назад

      @@ThomasWade also another question on trading view I add a sell stop or a buy stop then after when I try to close it when it’s either doing rlly bad or really well it still doesn’t close my position. Gets me very mad idk what im doing that’s causing this I just wanna practice

  • @amandadarden5330
    @amandadarden5330 Год назад +176

    In Today’s era of volatility, there is no other way but to re-invent. the only sustainable advantage you can have over others is agility, that’s it. Because nothing else is sustainable, everything else you create, somebody else will replicate

    • @dhanistock7618
      @dhanistock7618 Год назад +1

      Most people today have been having a lot of failures in forex and crypto because of poor orientation and bad experts

    • @malDaniella
      @malDaniella Год назад

      Please it will be of benefit to me if someone can help with more fact that's working recently

    • @malDaniella
      @malDaniella Год назад

      I don't want to remain out of ignorance because people today have been having a lot complains about the market

    • @cryptoethics
      @cryptoethics Год назад

      Good to hear such education ideals

    • @cryptoethics
      @cryptoethics Год назад

      This I most say
      in a few months or no time people we definitely be kicking themselves regret for missing the opportunity to buy or invest in cryptocurrency.

  • @MOTWMB
    @MOTWMB Месяц назад +3

    I just made 2k not taking the first breakout, or even the retest of the downtrend, but for a new low to form
    Strategy officially goated

  • @Corrabeauty
    @Corrabeauty Месяц назад +17

    I got into trading about a month ago and just got my 4th payout after I started with $1k. My broker employs AI and bots for trading, which I’ve found advantageous. Your channel serves as a great inspiration.

    • @Tamboool
      @Tamboool Месяц назад +1

      Hello there! Which broker do you use, and what’s the minimum amount required to start?

    • @Corrabeauty
      @Corrabeauty Месяц назад +1

      @@Tamboool Pathstonesecurities I think with as low as 200 you can get started but I advice higher capital for proper trades.

    • @Diyavarma843
      @Diyavarma843 Месяц назад +1

      Pathstone gotta be the best broker out there. The past couple of months have been nothing but a blessing. Providing for my loved ones hasn't been easier.

  • @financejunk4933
    @financejunk4933 Год назад +66

    This is how a good teacher teaches. Comes prepared, shows content on screen to read and diagram to look, steady pace and structured content. Love you Thomas keep them coming.

  • @JiggOnline
    @JiggOnline Год назад +12

    I’ve been watching a lot of content on price action. This is by far the best one I’ve seen. I love the way you explained everything. So easy to follow. Thank you for taking out the time to do this. It is appreciated!!

  • @noobicorn_gamer
    @noobicorn_gamer Год назад +13

    Trustworthy comment or not, this video BY FAR is one of the best vids out there that will help NEW TRADERS to learn about the BASICS of trading. Kudos to you to have made a video that's straight to the point, no bs, no stupid indicators and whatnot, and just straight up explains (albeit discretely) about psychology trading. I'm happy there are more than 423k views on this now. This won't make you a better trader instantly; it will however educate you in the necessary foundation of what trading is all about.

  • @eduardosousa7472
    @eduardosousa7472 Год назад +36

    My Tesla dipped severally, resulting to about 40% drop in the shares value so far. I seriously need suggestions on how to diversify my portfolio made up of volatile Tesla.

    • @rosemariasaez4094
      @rosemariasaez4094 Год назад

      Comes with the territory. Just live your
      life and stop checking prices!
      Nasdaq is down 25% ,from highs as well Tesla
      is holding up really well.

    • @KerodyPSunil
      @KerodyPSunil Год назад

      Find stocks with market-beating yields and shares that at least keep pace with the market long term. However, for a successful long,- term, strategy you have to seek guidance from a financial advisor.

    • @albess8761
      @albess8761 Год назад

      @@KerodyPSunil You are right! I diversified my portfolio across various market with the aid of an investment advisor, I have been able to generate a little bit above $35k in net profit across high dividend yield stocks, ETF ,and bonds during this red season.

    • @eduardosousa7472
      @eduardosousa7472 Год назад

      @@albess8761 please can you leave the
      info of your investment advisor here? I Will
      need his/her, management on my much larger
      portfolio.

    • @teresavelasquez5551
      @teresavelasquez5551 Год назад

      I am ready to jump all in but I no nothing at all about trading and it looks intimidating and mathematical. I am a slow learner but once I master I am in. So let's do this if i could get your training

  • @alyssaholt714
    @alyssaholt714 Год назад +98

    *When it comes to trading and becoming a successful crypto investor, motivation gets you started, good habits, determination and commitment keeps you going*

    • @ahmednoozilabinti2731
      @ahmednoozilabinti2731 Год назад

      I've read about many people making huge returns from their crypto currency investment even as the fluctuations aren't favorable. It's not clear to me what I'm not doing right! Assets in my wallet keep dipping as the day goes by

    • @reecenichols7567
      @reecenichols7567 Год назад

      It's not always easy to do what's not popular, but that's where you make your money. Buy the dip that look bad to less careful investors and hang on until their real value is recognized. No one becomes successful overnight. They put in background work but we tend to see the finished part

    • @francisjason6137
      @francisjason6137 Год назад +1

      Buying and stocking cryptocurrencies in your wallet doesn't guarantee making profits anymore. Venture into investing your crypto assets where your coin will be mined and make weekly returns

    • @filiz4877
      @filiz4877 Год назад

      @@francisjason6137 you're right

    • @filiz4877
      @filiz4877 Год назад

      I hope the drop in price of cryptocurrencies will help educate investors not to leave coins in their wallet to grow but go for investment and mentorship so to become experts themselves

  • @matthewchuckherstrom9959
    @matthewchuckherstrom9959 6 месяцев назад +3

    Thomas: I've watched a countless number of youtube videos on trading. This is by far the most valuable video I've watched, and I've literally watched it 6 or 7 times. Thanks, so much, for all your content...🙏🙏🙏🙏

  • @maheshpise1957
    @maheshpise1957 Год назад +5

    I am trading more than 1 year but never come across the such important trendline rules, thank you very much ❤️

  • @castaneda753
    @castaneda753 9 месяцев назад +61

    I had problem comprehending trading in general. I tried watching other YT trading channels, but they made the concepts more complicated. I was almost giving up until when I discovered your channel. I love the way you break down the content and explain everything in detail. The videos are easy to follow.

    • @JobZamora-ge6tx
      @JobZamora-ge6tx 9 месяцев назад

      ​@henryalexander346*I'd advise you get a professional to help you get started. I learnt the hard way*

    • @JobZamora-ge6tx
      @JobZamora-ge6tx 9 месяцев назад

      My personal broker/investment manager; Mr Nathan Davis, he runs an investment platform where you don't have to undergo any stress in the trades, he manages my account and all I need to do is invest capital and he gets a tiny bit of my returns as his commission

    • @maryann1600
      @maryann1600 9 месяцев назад +1

      ​@lonniblaine2927Please I'm in need of a good trading company I'm a newbie would love to invest.

    • @JobZamora-ge6tx
      @JobZamora-ge6tx 9 месяцев назад

      @@maryann1600 seeking his info

    • @JobZamora-ge6tx
      @JobZamora-ge6tx 9 месяцев назад

      His availability is on Whatspp,

  • @RyanSmith-lz4is
    @RyanSmith-lz4is Год назад +24

    So thankful I found your channel. Last month my win rate was around 83%. Cheers Tom!

  • @ogday1195
    @ogday1195 7 месяцев назад +6

    a good way to avoid false breakouts is to use higher timeframe. i trade breakouts on the 5 on gold and use 15 and 30 for true momentum. and 5 basically for precise entry. if the 15 or 30 has a solid break and instead bottom wick (assuming its bullish) majority of the time its a good trade for me. but keeping in mind im only targeting 10 pips a trade.

  • @timothyronald2051
    @timothyronald2051 Год назад +2

    I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.

  • @novostephenklienbatula8509
    @novostephenklienbatula8509 3 месяца назад +1

    As a price action trader but still struggling yet still learning everyday 24/7. Im very excited to backtest this strategy together with strict rules. This for me lighten me up about the phsycology of market and peoples behaviour. Thankyou very much.

  • @majordave4789
    @majordave4789 Год назад +6

    Thanks for taking the time to make this video Thomas, it was very, very helpful.

  • @kendallsworldofcrafts
    @kendallsworldofcrafts Год назад +4

    I've been learning price action trading for some time now and the way you explain it makes it very clear to me. I'm glad I found your channel. Thank you.

  • @Americanpatriot723
    @Americanpatriot723 Год назад +75

    I came here to get an idea of how to trade utilizing A.I trading bots after hearing a guy on a podcast talk about the importance of A.I bots in trading and how he made $360,000 in 6 months from $50,000. This video has helped to clarify a few things for me, but I'm still puzzled, I'm a rookie, and I'm open to suggestions.

    • @elizabethyork590
      @elizabethyork590 Год назад +2

      Investing in stocks is a good idea, a good trading system would allow you to spend many successful days.

    • @MIchaelGuzman737
      @MIchaelGuzman737 Год назад +3

      I've been on both ends of the spectrum, invested on my own for about 3 years, did my own research and analysis before trading, things got pretty tough after the pandemic, just when I was looking for a Investment Advisor for Orientation, it's been over 2 years and I've grown a stagnant reserve from $80,000 to $700,000 in just 24 months.

    • @IAMBETTERTHANYYOU
      @IAMBETTERTHANYYOU Год назад

      @@MIchaelGuzman737 Interesting. I have a lump sum that does absolutely nothing to my bank account, I want to start something with that. You seem to be doing very well, how do you achieve this?

    • @MIchaelGuzman737
      @MIchaelGuzman737 Год назад +5

      When "LISA ELLEN SHAW" is trading live there’s no BS or excuses. She wins the tràde you win. You take the loss I promise she’s taking one with you. Having her guide ME through a trade was the breakthrough I needed when it came to managing emotions while holding a position. She's a google-able person, so it shouldn't be hard to find her official webpage as she is prominent.

    • @IAMBETTERTHANYYOU
      @IAMBETTERTHANYYOU Год назад +2

      @@MIchaelGuzman737 That's good information, oddly enough i copied her full name and pasted it on my browser, her site popped up immediately, and his credentials are great, thanks for sharing.

  • @SMTechSA
    @SMTechSA Год назад +2

    By far the best video on youtube, the way you explain all of that, much easier to understand

  • @traderchick6560
    @traderchick6560 Год назад +5

    I swear you read my mind and gave us the rules with a breakdown (and visuals to boot!). I'm excited!

  • @richterbelmont9751
    @richterbelmont9751 Год назад +11

    What a great video, an excellent example on how to understand the market. Though I watch your videos every week this is still a useful content. Thanks Thomas.

  • @ameliacobbs8209
    @ameliacobbs8209 6 месяцев назад +2

    This is one of the BEST videos I’ve seen. Very clear & easy to understand. I look forward to using what I’ve learned with my trades. Thank you!

    • @veersamthaan332
      @veersamthaan332 5 месяцев назад

      Haven't you started trading? I am from India.

  • @gonzalotaboada5681
    @gonzalotaboada5681 Год назад +4

    Thanks took me around an hour to write and take notes, I am new on crypto! I know I will lose money at first, but all to get more knowledge!! Greetings from Argentina

  • @jamespaul4618
    @jamespaul4618 Год назад +28

    11:30 Break outs SMT want to intice traders to enter the market so they can take the other side of the trade. 13:12 high probability set up rules 15:30 2nd leg entry.16:50 Up trend. NEW CONCEPT: failed 2nd entry short = bullish buy. 18:45 list of the trading rules. 20:55 First channel break is a trap. Inducing traders to enter trade in the wrong direction . 22:45 2EL and failed 2nd entry short (F2ES). 24:50 Objective is to Capitalize on a Premium or Discount in the market.26:16 first and second entry short going against the trend. SMT attempting to induce traders into panic and bail out allowing them to recapitalize at lower prices. 27:00 price action rules for down trends. 29:45 2ES 2ES then LH and BOOM..

    • @borntodoit8744
      @borntodoit8744 10 месяцев назад +4

      RECAP4ME
      - Enter only high probability trades (HPT)
      - Price must be trending (Channel)
      - HPT1 : Enter at pullbacks in direction of trend
      - HPT2 : Last pullback will test channel (=double bars on LTF = candle wick on HTF = candle was testing channel)...ie EN@last pullback (=Trendline break), TP1@trend peak (New Low)
      - HPT3 : enter@TP1, exit@trend channel break (=1st breakout of counter trend)
      -HPT4 : enter@retest(after breakout of HPT3) exit@TP2=2nd breakout of counter trend (use whatever to calculate TP2 eg fib or SR)
      I agree with all 4 HPT.
      Although last pullback can be difficult to see if trend channel not drawn accurately.
      Best to keep buying with trend (trend continuation in channel).
      Best to buy with new trend (breakout & retest of channel)
      The latter is MOST safest trade ever ( 100% guaranteed always happens )
      i.e. in fib trading it's the leg CD in ABCD pattern ie enter@C (fib61%) to exit@D (fib161%)

  • @kbkakj
    @kbkakj Год назад +10

    This is another amazing training video, Thomas! Just perfect!

  • @krisrafferty6010
    @krisrafferty6010 Год назад +1

    Thank you, I really appreciate how you break it down rules to follow, not to chase trades

  • @eliask5463
    @eliask5463 Год назад +1

    Maybe the best video I have seen on Price Action for the last 5 years! Amazing! Congrats guys!!!

  • @Graldaddy
    @Graldaddy Год назад +5

    Wow the best sir! You finally put those rules you talk about in a super instructive video. Very well done.

  • @shadowmania
    @shadowmania Год назад +16

    This is excellent Thomas really appreciate the time and effort you take to make these.

  • @mehdisch463
    @mehdisch463 Год назад +1

    wowwww that was awesome
    i almost checked every price action clips in youtube
    yours are higher than perfect
    thank you man

  • @noelchoh3744
    @noelchoh3744 Год назад +1

    He is very learned. He surveyed many traders and used his greed-o meter and fear-o-meter on them to reveal that the markets do reflect greed and fear. He also surveyed many other traders to understand their edge so he also know that price action will you the "advantage". I think you catch my drift.

  • @03manatat
    @03manatat Год назад +6

    What a great time to be alive! One of the most important lectures in a trading career for free. I'm forever grateful.. Subbed and liked!

  • @DeltaScalper
    @DeltaScalper Год назад +20

    Good refresh and thanks you for everything you do for the trading community without selling anything. Unfortunately reality is , 93% will fail because first , it takes years for hand eye coordination to develop to recognize these setups in a live fast moving market , and second ,,,, discipline ... You are perhaps the only RUclips trader who is not looking to capitalize by selling courses etc and not being shy to show a losing trade , thanks again , hope can contribute myself soon .

  • @stevetran8231
    @stevetran8231 Год назад +3

    Thank you Thomas.
    This is one of the most informative info I've found so far

  • @donnelson7672
    @donnelson7672 Год назад +3

    great job description of price action.. my trading started improving when i started watching you. thankyoul

  • @rocketman-my2ul
    @rocketman-my2ul Год назад +45

    Anyone can be successful at Forex investments. The reason most of us have more losses is because we don't follow the first rule of finding a financial guide. You need an investment professional who is well equipped to manage your Forex investments even before you make your first investments. I have found that I am earning consistent income since hiring an investment professional to manage my investments.

    • @Karla0087
      @Karla0087 Год назад +1

      Of course. Investment management cannot be over emphasized. That is why it is always recommended to seek the advice of financial experts even before making any investment, you see that on most tutorial, because it’s important.

    • @melissaarnold2300
      @melissaarnold2300 Год назад +2

      I really don't know where to actively look for them, but I'm looking for a good one. I know this is necessary for my investment, and honestly I’m tired of going back to my account everyday seeing a blown account.

    • @bobwiley4461
      @bobwiley4461 Год назад +1

      It is the safest way to invest in my opinion.

    • @turgesten726
      @turgesten726 Год назад

      @@melissaarnold2300 lol, totally relatable!

    • @andreiboiko5255
      @andreiboiko5255 Год назад

      Are there any recommendations which you can easily give. That would also go a long way to helping us find one.

  • @laurencechristianlenon9484
    @laurencechristianlenon9484 Год назад +3

    Been trying to paper trade with this today. Staying consistent and patient.
    So far so good. Added my own twist by putting a second EMA 3x my trading time frame (trading time frame: 5 min, additional EMA: 15min)
    to get a hold of the bias or to confirm the trend. This helps me during ranges so I would only take trades in one direction.
    Great videos! Ive been trading with indicators for months and I just get frustrated everytime because although Im following the rules, my loses are still bigger.
    Most tutorial vids dont expound about the nitty gritty of some strategies, but you do and its awesome. Had nice earnings in paper trading today.

    • @ThomasWade
      @ThomasWade  Год назад +1

      Good job. Just remember, it takes time to learn to understand price action. It is a skill like anything else.

  • @nubydooby3355
    @nubydooby3355 Год назад +3

    I was running around indicators. Thanks for the inputs & supports for free.. Really appreciate your dedication. Cheers bro.. Do continue to educate us more please...

  • @BIGkundalini
    @BIGkundalini Год назад +1

    this is my new favorite channel. this guys is talking about trading aspects I do not hear on other channels

  • @Harry-tc2fy
    @Harry-tc2fy Год назад +56

    I'M NEW TO BTC AND I'VE BEEN MAKING LOSSES TRYING TO MAKE PROFIT MYSELF IN TRADING...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?

    • @naomieharris3367
      @naomieharris3367 Год назад

      All you need as a beginner to make good profit from cryptocurrency is a professional trader who will trade on your behalf else you may make losses.

    • @markfreund8904
      @markfreund8904 Год назад

      That is true, you need an expert trader to make good profit from cryptocurrency trade

    • @markfreund8904
      @markfreund8904 Год назад

      And this is the perfect time to invest in cryptocurrency because of the rise in cryptocurrency.

    • @leonardwinston4232
      @leonardwinston4232 Год назад

      Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor their trade.. I will advice you to stop trading on your own it's very risky. Seek advice of a professional trader.

    • @owoadeenoch2814
      @owoadeenoch2814 Год назад

      @Betty Gilpin I will recommend my current trader Mrs Sally Luis ,, she is from USA and her strategies are earning a lot of profit for me.

  • @tylercarder581
    @tylercarder581 11 месяцев назад +3

    This was one of the best trading videos I've ever seen. Couldn't have explained it better. Awesome awesome video.

  • @arwood111
    @arwood111 Год назад +1

    I found this education because i have tried plenty of indicators and most fail as you pointed out. I am having more success trading supply and demand and trend. This is gold. Thank you very much for sharing!!

  • @thebarsandstickstrader
    @thebarsandstickstrader 4 месяца назад +1

    This is a great approach. This is very descriptive and easy to follow. Thank you for the explanation.

  • @ananthkumar1203
    @ananthkumar1203 Год назад +3

    Best video I seen... I know all rules which u told here. But still I had some confusion in that while applying. This video gave me good clarity. Thanks a lot.

  • @thecryptohour4107
    @thecryptohour4107 Год назад +13

    I’m originally a Mack student, but I can honestly say your videos have been just as helpful, if not more. Thanks for all of your effort, you are a blessing to the price action community. Much continued success.

    • @ThomasWade
      @ThomasWade  Год назад +6

      Mack is great! I learned from him and Al Brooks. I just share my view and what has helped me in trading overall.

    • @thecryptohour4107
      @thecryptohour4107 Год назад +4

      @@ThomasWade You remind me of both of them, but with your own new generation view point. Thanks again fam

  • @MalMilligan
    @MalMilligan Год назад +1

    Very clear and "in your face" discussion of price action, the fundamentals for scalping.

  • @adama2511
    @adama2511 2 месяца назад +1

    Love this video, finally someone talking about actual trading and not indicators.
    When I started trading my loses always occurred because I failed to get in correctly, finding the absolute bottom.
    My most handy setup includes Vwap combined with the Aroon indicator.
    Many people also lose money on scummy stocks rather than ones with good fundamentals and volume action.
    Identifying short vs long term strategies is also key. Most stocks end up rising even if they drop and you get stuck, if your strategy is short term scalping, avoid taking unnecessary risks.

  • @DarkMatter-61
    @DarkMatter-61 Год назад +10

    Best course about price action second entry ever,even better than macks,no word to describe thank you THOMAS

  • @SignificantWines
    @SignificantWines Год назад +1

    All my losses come from counter trend trading thinking thats the top or the bottom.... seems some sort of hidden hand tries to take over my rational thinking to keep trying ;).... biggest mental hurdle in my trading... patience is the solution. All my losses are just stupid impatient moves and on leverage that gets expensive. Luckily step away then make it back when the common sense kicks in... need to get to a point where I am not always making my money back then giving it away easily then making it back.. need to start profiting.. Indicators are not your friend.. Price action is the key. Thank you for your video.

  • @raytee7526
    @raytee7526 Год назад

    I watched a LOT of videos, this one alone pretty much my top 3 easily. Well done!!!!! 🎉

  • @14ttce
    @14ttce 11 месяцев назад +3

    Once again, incredible presentation and content. Thank you for putting these together!

  • @dipalisirsat1963
    @dipalisirsat1963 Год назад +5

    This video is sooo helpful like I was in a class and he gave detailed explanation of each and every point. Thank you 😊

    • @veersamthaan332
      @veersamthaan332 5 месяцев назад

      Hey Deepali, how are you? Have you studied stock market?

  • @recfisho
    @recfisho Год назад +2

    Great video, easily explained. Shared. I know most of this stuff, and still felt I understood it more after watching.

  • @iavadin9601
    @iavadin9601 Год назад +1

    Wow, just wow. This is by far the best video/channel on YT. Thanks

  • @sandeeppanwar9823
    @sandeeppanwar9823 10 месяцев назад +3

    This is One of the best learning videos I have ever heard. Hats off to you sir. Thank you for the amazing content in this video.

  • @LorienCameron
    @LorienCameron Год назад +24

    Just wanted to say your video’s are amazing, I’ve been trading almost daily for 2 years and I’ve never heard the price action explained like this. With a couple small adjustments it’s taken my game to a whole new level. Cheers!!

  • @rf3346
    @rf3346 Год назад +1

    This is one of the best Price Action videos on RUclips! Thanks!

  • @ezet.597
    @ezet.597 Год назад +1

    This information here is GOLD!! Thanks for summarizing all up Thomas.

  • @jefferiesuenukuterangihoka3749
    @jefferiesuenukuterangihoka3749 Год назад +18

    With what I’ve learned over two decades trading in the market, given enough time, solid investments have the potential to double the initial principal amount, but many investors are instead attracted to the lure of high yields in short periods of time despite the possibility of unattractive losses before even getting out. So the onus is on newbies to beware.

    • @Ferocious923
      @Ferocious923 Год назад

      How so? I’m interested but with close to no knowledge of how to go about trading.

    • @jefferiesuenukuterangihoka3749
      @jefferiesuenukuterangihoka3749 Год назад +2

      @@Ferocious923 I work with a pro trade analyst whom has seen to it that I make consistent roi .

    • @jefferiesuenukuterangihoka3749
      @jefferiesuenukuterangihoka3749 Год назад +3

      Leviclemans,info
      on his webpage you can look him up online, and connect with him.

    • @Ferocious923
      @Ferocious923 Год назад +1

      @@jefferiesuenukuterangihoka3749 Oh surely! I'll do that right away!

    • @Kantor895
      @Kantor895 Год назад +1

      I tell people to enjoy a comfortable financial future, trading is absolutely essential. It’s not even to be debated lol. As the coronavirus pandemic demonstrated, a seemingly stable economy can be quickly turned on its head, leaving those who weren’t prepared for tough times scrambling for income.

  • @OMNIGHOST1
    @OMNIGHOST1 Год назад +3

    I'm loving your content! You're one of the best , if not the best price action teacher I've seen! I really appreciate it!

  • @jonathantan3690
    @jonathantan3690 2 дня назад +1

    Nicely done and good insights. Thanks for the video.

  • @mk4r34
    @mk4r34 8 месяцев назад +1

    Wow I’m glad I came across this!!very thorough walk thru for me to understand !! I can say I learned a few things today!!!subscribed thank you!!

  • @JohnCollins-ub9wu
    @JohnCollins-ub9wu 5 месяцев назад +20

    Very engaging. Tried many trading bot/indicator out there none works out well, can someone recommend any, my finance is draining by the management of wrong people

    • @JohnCollins-ub9wu
      @JohnCollins-ub9wu 5 месяцев назад

      I'm a beginner, how can i reach out Maria Hamilton? ANYONE PLEASE🙏🙏

    • @user-dt4wl7nv7i
      @user-dt4wl7nv7i 5 месяцев назад

      i watched her on fox she was amazing....i am definitely writing her now, i cant miss out on this opportunity

    • @ulrichlchegounbalogoun12
      @ulrichlchegounbalogoun12 5 месяцев назад

      I and my brother have been investing with her for over a year and I've made good profit of $882,030 that's not much but I'm happy with the progress, I don't have to look for jobs anymore

    • @nicoleg345
      @nicoleg345 5 месяцев назад

      She is my family's personal Trader and also a personal Trader to many families in the United states, she is a licensed trader

    • @JohnCollins-ub9wu
      @JohnCollins-ub9wu 5 месяцев назад

      @@duttondawsonn Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call

  • @_Randwulf
    @_Randwulf Год назад +3

    Excellent presentation Thomas... Thx 4 consolidating this into a single video... 💰👍😎💲

  • @jenniferclark7094
    @jenniferclark7094 10 месяцев назад +1

    Holy moly, you're amazing!!! Seems like you took PATS and Al Brooks and added you to offer something much more specific and actionable, only listened to this video but will listen to more. Thank you for taking the time to do this video and offer it up to all of us. People like you, offer actionable information versus scamming and calling out trades for thousands a month that don't work, well just refreshing, so again, fantastic material, and thank you.

  • @mazenezou
    @mazenezou Год назад +1

    I love how your videos short to the point. Just Subscribed and watching the test of your videos

  • @aslv2009
    @aslv2009 Год назад +4

    Extraordinary explanation. Thank you very much for going through all this wonderful information and for sharing your knowledge. Please take care and keep sharing

  • @gwild2927
    @gwild2927 Год назад +3

    Fantastic video loads of great information, I have lost money chasing breakouts for them to then fail to the downside. This style is very similar to "The Strat" which uses broadening formations instead of support and resistance.

  • @cash_king-px5qy
    @cash_king-px5qy Год назад +1

    Thanks for the video , had been trading with trendlines and didn’t know it was an actual thing 🙏🏻🙏🏻🤩

  • @numb0t
    @numb0t 5 месяцев назад +2

    This is the holy grail right here. This works 100% tried and tested. It's all down to your knowledge gl guys!

  • @TheRandomDave
    @TheRandomDave Год назад +5

    Great video Thomas, thanks for making it. it's perfect for introducing new traders to price action trading. I've already recommended it to some friends.

  • @tomfreem
    @tomfreem Год назад +2

    Trading: great information about first and second entries. Trendlines. Bad and good signal bar at entries. Thanks!

  • @venkateshofficial8652
    @venkateshofficial8652 Год назад +1

    Bro thank you so much for this tutorial video. This is gold. I have learned alot about price action trading from this video alone. Keep posting more content related to this topic.

  • @sagarprajapati1212
    @sagarprajapati1212 Год назад +1

    in market since 4+ years. didn't find any useful content till now. today i have found your video a perfect understanding video. great work.

  • @aadghim
    @aadghim Год назад +3

    this is actually the video any trader need

  • @chrisparker8557
    @chrisparker8557 Год назад +3

    One of the best videos I have seen. And I have seen hundreds

  • @j0shusmc3635
    @j0shusmc3635 Год назад +1

    Good luck topping this great video!! Thank you for all the work you put into making these videos.

  • @Cricindia1983
    @Cricindia1983 9 месяцев назад +1

    No nonsense nothing rubbish only Pure Education.
    Not selling anything no advertisement, etc
    Subscribed and liked the channel at first recommendation ❤

  • @picklejuice3508
    @picklejuice3508 Год назад +5

    This look super informative! Cant wait to watch it later tonight :D

  • @spoolbus73
    @spoolbus73 Год назад +3

    Now that was a good video. Thanks Wade.

  • @jackypeyronnet6153
    @jackypeyronnet6153 Год назад +1

    A break only happens once (failures, several times), it's very very important, thank you for all these videos.
    A French follower

  • @joseneves9625
    @joseneves9625 4 месяца назад +1

    Wow, this amazing lesson. It is well time invested. You will improve after this lesson. Thank you, Thomas.

  • @yasusorahere
    @yasusorahere 9 месяцев назад +3

    I don't usually comment but damn this is gold. Like I wish I could have watched it earlier, again and again. These are exactly the things I want to get drilled into my brain, still trying n learning. Very Well explained. To the point video, no wasting of time. You earned my subscription. Thanks for the awesome content! ❤❤❤

  • @growingwithgio
    @growingwithgio 11 месяцев назад +4

    I've FINALLY gotten my psychology consistent & this has been my primary strategy & the only thing i trade and I've barely lost because i understand when it will work best, when it may not & what will happen next if it doesn't go accordingly. This video is GOLD!! If you know, you know.

  • @bigdaddydraco
    @bigdaddydraco Год назад +2

    Thank you so much man you help a lot of new traders. Bless you

  • @wernerherrmann
    @wernerherrmann Год назад +1

    Awesome video thank you. This is one of those videos that i have to watch a few times, and make notes. One concept that still get me is the F2ES.