How To Identify The End Of A Pullback/Exhaustion - Trend Trading TIPS
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- Опубликовано: 11 окт 2020
- Nothing in this business is 100% concrete. But being able to understand structure and identify the markets behaviour is a very powerful skill. Here I highlight how to identify the end of an exhaustion phase and one concept that you can start using today with your trend trading strategy.
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I never creamed my face and I look like a dry prune. My bad on that one! But nonetheless, I hope you enjoy the content.
@Rockfxz please can u answer me??
If i have a 500$ account where i gonna risk two percent of my account on every trade i gonna take with a 5-10 pips SL and a reward of 25 pips everytime,do u think its risky and i'll only take one trade per day and i'll only trade the GBP/USD during the london session and thank u for all of your videos,i watched all of them and even download them u really help ppl outta there with these videos
@@aRuthson he had mentioned not to focus on pips, focus on RR and play the number's game. i find it difficult to understand especially if the previous loss is greater than the next wins, but i listened to him somehow cos he's a mentor and he knows better. focus on RR..i will also advise to focus on where market is telling you to put your sl than having pips in your mind if structure is greater than your risk management then back off the trade.
Thank you for everything Rockz, forget what the Doughnuts says because Doughnuts will always be Doughnuts, why don't they stick with their channels because most of them are named XXXFX or XXXFOREX ETC, RockzFX Fans and Disciples will always be true to our ROCKZ. Thank you for your time and effort to bring value.
Love you Rockz, all the way from South Africa. Keep on keeping on, this journey is your calling , to help the disadvantaged. God sent
@@emmapablo7321 yeah the risk reward ratio will always be 1:2.5 that means risking 10 pips to make 25 pips
Every family has a person, who breaks the chain of poverty. I hope that you will be that person🤲.
Perfect it's me.
Best comment I ever read on RUclips
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@@Rich.vibe.aus. 💯🔥❤🇿🇦
minute 10-11 is fricken gold dude, you nailed it, essentially trading pull backs but with better entries using smaller time frames; genius
I’ve been trading for about 9 months...and I can honestly say this video and his key levels video is all you’ll ever need 🙏🏼
Life changer eye opener
This was 11 months ago still feel the same? Where are you at now in your trading journey!!!
Thats so true🔥🔥🔥
please update us
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THIS IS PURE GOLD!!
Backtested this: PURE GOLD
Actually
Ajay
Yes; fool's gold...
Nifty ya bank nifty?
@@storiesshubham4145 nifty, bnf as well as stocks.. it works.. i back tested on bnf and heromotocorp.. accuracy is around 60% which is good.. backtest it yourself before implementing.. dont rely on some else's word b4 putting your own money!
@@oscaramerica3007 do you think this video is for fool's to do fool.... don't u believe in price action or not succeed in this video concept in real life trade ???
Just watched this great lesson three times back-to-back on my mobile! Still going to watch on a bigger screen and back-test. ....And thanks so much for the secret: 1 wick rejection, mark the level, 1 step lower timeframe: opposing wick rejection(s), range them all in, 1 step lower further, wait patiently for momentum break in the original trend direction, retest of broken structure and..... You surely rocks with giving out so much secret give-aways! R:R:1:3😍
Hello there. Hope your trading is going to plan. When he says 1 wick rejection. Does that need to be on the 4h?
Every information has published in this channel is 100% working i appreciate Rockz
Patience is the key. Jumping in to continuation too early. Scaling down time frames and trapping price. Great lessons. Thanks
I wish I could could like this content more than once. This is the Holy Grail. A new trader is born.
Support and resistance, MA's, Fibonacci, reading candlesticks and multi time frame analysis combined into one strategy is super powerful
You are an absolute monster. I cannot believe how good you are at this. You cut through all the BS and make the process straight forward. Thank you so much for sharing. Thank you
when you said "just one wick", i decided to subscribe
Been looking for this video for a long time. Glad it's still here, I won't lose it again. Thanks Rockzfx you are genius and kind
Exactly what I needed. Wait for the wick exhaustion. Even had it on the last example.
I really love your statement at 7:01 "......forget about the word "reversal", it is a nonsense word. The trend is trending to the downside". My take is that a reversal at one time frame could be just a pullback at higher time frame. And this often causes a lot of confusion on my part. So I would prefer to say the trend has changed in character or change in direction.
ahh man, I swear rockz is the only one i come to youtube for when it comes to trading. This guy is legendary, God bless you and the amazing work your doing for us bro
His biceps are bigger than my trading account.
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His name is rockfx for a reason
The lesson is like, riding a bus, you wait for the bus, the right bus, not just any bus, it's got to be the bus that has the sign where you want to go. Let the bus come to you, not the other way around. And when the right bus comes, and there's still a seat for you, ride it, then let it take you to the promised land, to a castle far, far away, in a far away land. Just kidding, but I know you got my point.
If anyone wants to learn anything then this channel would be the SANJEEVANI BOOTI (as we say this in India ) it means life saver. Thank you sir to whatever u do for all of us. Love from India.
The one 4HR wick rejection definitely a game changer, thank you Rockz!!
Ive watched many youtube videos on forex tutorials, strategies, indicators, price actions etc... your videos are by far THE BEST!!! Easy to understand! Clear and straight forward! Thank you!
This dude could change ur life.
Trust me..❤️
Inspired by your effort man.. in spite of being sick and recovering from an infection, you have made this video as a part of your daily discipline. Thanks for helping me learn so many correct things about the market including the habit of staying true to your discipline.
Please why are you going off RUclips.? Please don't go away. You have become a beacon of hope for most of us. Why leave us in the middle of the way?
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This is like 90% of what a trader needs
Just found this channel and have learned a ton from the 4 videos I've watched thus far. This was really helpful. You're one of the first person I've watched that didn't mention the use of a fib. You've earned yourself a new subscriber! I'll be checking your site to see what courses you have to offer. Once again thanks for clear and concise with you explanation.
This video means 1000 worlds to me .Thank you .Thank you. watched it 25 times and still learning a new point.
Your devotion is too much value able for us
This was the first explanation of this that actually clicked with me and made it simple to understand! Subscribed!
Great, thank you very much for this video because I usually have difficulty in determining when the pullback/exhaustion seems to end. Success for you, for me, and for all 🙏🏻
Your one of the people who teaches forex in a way I understand
Thank you so much Rockz, I am only finding your channel now in 2022 June but boy it is extremely helpful, simple and to the point. Thank you
Glad I have found your teaching.
I have learned much from you.
Thank you!
This just detailed the whole process for me. Many thanks.
Thanks so much for this brother, legit you made it so easy to understand and really broke this down extremely well. Will be sharing this with many and sending lots of people to your channel to study!
Your the best no cap, the only one that really makes me understand all
Dude, i cant be more impressed, much appreciation
From da bottom of my heart... Thanks man🙏
This is exactly what happened in BANKNIFTY today. Even though the trend was continuous up today the retracement has happened in this similar fashion. Broke R1, tried to retest and failed and then straight down till pivot point. Almost 350 points downside rally.
honestly one of the most informative pullback videos ive seen personally i do exactly the same just enter my trade as if its a range break great video
Super, very educative, simple and clear. Thanks so much Rockz
Really glad RUclips recommended your videos. Great stuff. Very clearly explained. Thank you thank you. 🙏🏽
Well explained - no rush and a patient teacher🙏🙏🙏
Thanks for the clarification.
Man thank u so much, what u told is something not every buddy tells its life saver!!!!!!
Helped me and helping enormously, thank you
Dude, your videos are a hidden GEM, I THANK you very much for what you are doing. God bless you and your family.
Thank you Rockz.
Big thanks to you. I had to go back to watch your previous videos to understand in depth.
And since then, i have taken just better trades, with better understanding.
Thank you so much for this educational video. It really did make a big difference for me 😇
You earned my fellowship. You are teaching is simplified. Kudos
I can't believe what you giving for me. You are legend.
So incredibly well explained. Thank you so much for this
Great video !! Thanks for sharing your experience !!
Superb explanation on pull back and
exhaustion, tks very much!
Thanks, for all the things you've taught me over the past year🙏
Systematic approach! The reason I have more winning trades lately. Even your youtube contents are helping traders to smash profits.....Great content Rockz!
Great stuff Man... You're helping down here, keep up the good work!
You explain things so well ....thank you!
Excellent explanation. Thank you.
Could you please publish your trading results in your for public trade account by an auditor (PwC, KPMG), average win/loss, max drawdown, win loss rate etc? That will build trust by serious traders and it will show that you can put your money where the mouth is.
So much value thank you for your teachings!!!!
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Thanks very much for sharing such precious knowledge with this simple language and principles!
As from today I'm part of many who will say we are lucky to have u in forex.i do trust the PROCESS.
Your lessons are straight forward and valid. They are very applicable.
What you delivered in your video are absolutely excellent!! Thank you!! :)
best video i ever watched. Thank you so much
Simple and straightforward. Thank you sir
Thank you for your video. I have learned a lot from this particular how to trade using the trend.
That was wonderful. Thanks Rz
This was one of the best videos ! I’ve seen 🙏🏿🙏🏿🙏🏿👌🏿👌🏿🇯🇲
Thank you so much for the information you put out... your insight and explanation are extremely valuable.. even a beginner like me could digest and understand.. you are amazing and I can't wait for you newest videos!!
This video is the best i have watch regarding to this pullback trade
Many thanks Rockz you're life saver
Your videos are very helpful!! Thank you
Thank you RockzFx 🙏
I found my mentor, my teacher, my coach, many thanks to you
Thank you .. very helpful
Sir, you are the boss of the trading. I have never seen this kind of video. You are the bosssssss
come from a trader with some experience... WOW, what a Clear, Information, Step-by-Step, BREAKDOWN!!!
Hi Rockz, thank you. Simple and very useful.
Thank you again,
Michael
Thank you for all your lessons. I follow you ever since I've found your videos. I'm learning and one day, I'll give you a positive testimony. Keep teaching more like me. Thank you and God bless
thank you this actually helped me alot thank you again.
This is so powerful bro
I always come back to this when I feel like I’m lost 🔥🔥
Sir! You are a TA guru. I always gain value watching your contents. Thanks for delivery value always.
I AM FUC+++++ LOVING THIS.............I studied with an ex morgan stanley currency trader and her system was fabulous, very comprehensive, professional, proven, but it never properly resonated with me - TWO WEEKS AGO I SENT HER A CHART WITH a TREND LINE PRICE WAS RESPECTING SHOWING WHERE TO ENTER THE MARKET asking if perhaps we have don't have a tendency to OVERCOMPLICATE the proposition, and then i found this as if by divine provenance - WE DON'T NEED ANYTHING ELSE, along with what this great guy is teaching to time entries.... - Trading SHOULD be this simple, this is actually satisfying and fun and works with the greatest fulcrums in the market - DIRECTION and MOMENTUM - thank you so much for making the haze go away and giving me 20/20 - top man!
Yes man it makes sense and I think found a EXCELLENT teacher who i can understand thanks God is 👍
you know what all these traders you see buying cars, they don’t tell you about their awful trades.
You just have to concentrate on your trades and focus the strategies according to your plan and trust you’ll become a better trader someday.
professional mentorship is a great part of this trading world. No one learns it all completely, I guess that’s why we never stop coming to youtube. But if ome gets a good mentor who’s really profitable, that’s a good thing.
I think this video was made for me...Boss I'm so grateful for the insight and stay safe and bless with your family
You teaching is so amazing, and I really appreciate your selfless efforts to change lives.....👍
this is amazin rocks!!.. love the way you explain.
and the moon and the star!!! that was epic!!
Great price action trading lesson. You are a legend sir! Such clarity and simplicity. Find the brick wall, find the pull back - rejection wick, drop time frame - confirmation momentum breakout, entry time frame reason stop and target, bamm! Maestro! You make it look sooo easy........ But we all know you have to develop that discipline and patience. Love this video - please make more of this brilliant content.
you are the best, i got a lot of pullbacks during analysis but yet i still wonder something is missing and i got it straight up from this video, jah bless you boss.
Thank you for this Helpful Video..
Thank you! Very informative
And ur videos are simple and straight to d point big ups man
Thank you, great video, and content. Please make more videos like this.
Excellent Explanation. Thank You
It took a while to understand this concept and now, it works very well for me. Thanks Rockz...