Stop Memorizing Candlestick Formations! Use This MINIMALIST Trading Strategy Instead

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  • Опубликовано: 7 янв 2022
  • Discover an effective price action trading strategy to identify candlestick patterns on Forex & stock and crypto market. In this video you’ll learn:
    • How to read a candlestick chart for beginners (on different trading platforms: Tradingview, Thinkorswim, Webull, Metatrader 4 etc)
    • How to read and interpret candles when day trading and swing trading
    • How to analyze candlestick patterns in a simplified manner, without memorizing tons of candlestick combinations
    • How to make money online trading stocks and Forex market using a simplified candlestick strategy
    • What are the best candlestick patterns to look for when trading currencies, stocks and indices
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Комментарии • 264

  • @JoseLopez-nk6fn
    @JoseLopez-nk6fn 2 года назад +15

    What a great video! After reading many books about trading and Japanese Candlestick Patterns, this video cuts through all the fluff and names of different types of patterns and give you WHAT you need to know regarding Candlesticks. I love how he spent time on market structure and context, those are very important especially when trading Price Action. Keep up the great work!

  • @83joonior
    @83joonior 2 года назад +24

    I don't know if this is in response to me asking for a video on candle patterns, but thank you! Helped confirm a lot for me and gave me some new insights. This channel is invaluable.

  • @thomasparg1981
    @thomasparg1981 2 года назад +10

    The quality of your videos is absolutely amazing. Both the insights and the visuals.

  • @liveentertainment272
    @liveentertainment272 2 года назад +5

    I really do appreciate the things you do for this channel I have watch 142 videos on your channel and it’s ironic how I learn more from your RUclips channel then from buying course from you You said it yourself if you could learn from my RUclips channels then that’s all you need simple as that and I think that was all I need yes your courses do give you more insight of how you trade but the similarities in the beginning steps of right there on RUclips within a year and a half of watching your channel . I made 35K by Daytrading you’re strategies from RUclips thank you
    For helping me get out of propert✊🏾✊🏾💪🏾

  • @VampirusX
    @VampirusX 2 года назад +15

    Very very good.
    I always refused getting to know everything. Pattern, certain books... I self-taught myself with YT, google and logic and psychological thinking (it's like to finishing an endless puzzle which gives you more and more a clearer picture).
    No one can really teach someone to daytrade a strategy. You need to know experience it.
    The strategy need to have YOUR DNA.

    • @TheSecretMindset
      @TheSecretMindset  2 года назад +1

      👍👍

    • @shaunchuan3027
      @shaunchuan3027 2 года назад +3

      Yes day trading needs to be in your own DNA thru your own experiences. Every successful trader uses the same strategy differently, yet produce similar results.

    • @Rodrigo-tk2fm
      @Rodrigo-tk2fm 2 года назад +1

      Thanks for the insight. I often found it hard to adapt to someone else's strategy and doubted the execution of my own ideas.

    • @shaunchuan3027
      @shaunchuan3027 2 года назад

      @@Rodrigo-tk2fm you can go read up about SMC bro if u really want to be successful in trading.

    • @VampirusX
      @VampirusX 2 года назад +1

      @@Rodrigo-tk2fm It is never good to mud the water with another strategy. BUT if you can adapt certain aspects to your strategy you are golden.
      It is all about refining your strategy.
      Your own ideas might be working. But there is always room for improvement.
      I always work on my scanners to refine them.
      Never stop working on your strategy. I love to improve my strategy. It is not work for me. It helps me to be more successful.
      Keep in mind, that wir are in a very difficult time. Everything, what just "works" ATM might work extremly well, well the economy is getting back to normal state.
      It is important to keep your head over water and catch every oppotunity you can get to use the market for your advantage.
      Good luck and happy trading! It will be a nice week!

  • @depone6334
    @depone6334 2 года назад

    yes please, i want to see more videos like this one, this was extremely helpful

  • @Maximus18.6
    @Maximus18.6 2 года назад

    Thank you very much for your presentation and well explanation of candles.

  • @anamcara197
    @anamcara197 2 года назад

    Amazing and precise content as always. 👍

  • @futureisamazin
    @futureisamazin 2 года назад +4

    A great presentation without being too involved!
    Good for the experienced and less experienced traders !

  • @letmetrade6804
    @letmetrade6804 2 года назад +1

    One of the best-if not the best candle explanation on YT !

  • @MalibuJamie
    @MalibuJamie 2 года назад

    These are some the very best videos. 🙏

  • @flydr2
    @flydr2 Год назад

    Your videos are great help... Thanks for taking the time to make them

  • @ryderpaul9691
    @ryderpaul9691 2 года назад +4

    Love the concept of simplicity. Great video!👍

  • @JB-rn6bi
    @JB-rn6bi 2 года назад

    A very powerful piece of education ... thank you

  • @ratnoinamaew7822
    @ratnoinamaew7822 2 года назад

    Sage advice as always my friend, thank you.

  • @thesandman8642
    @thesandman8642 2 года назад +2

    I have watched a few videos and this is the best one yet. Cuts through the fluff while keeping the jargon light. Doji, Shadow, Short candlesticks, long candlesticks, trend lines, reversal signals, tests, and confirmation. Well done @thesecretmindset!

  • @yamilvogeld.2385
    @yamilvogeld.2385 2 года назад +1

    Wish i've found your channel sooner!!! GREAT content, thank you very much!

  • @Radhakrishnan475
    @Radhakrishnan475 2 года назад

    Thank for this video it's very helpfull my Trading

  • @kivashtull1266
    @kivashtull1266 2 года назад

    Excellent !!!!! Thank you so much.

  • @nishadd7566
    @nishadd7566 2 года назад

    Excellent video. Educative, explanation are simple, short, crisp n makes sense. Great

  • @benphan772
    @benphan772 Год назад

    Amazing video, thank you!!!

  • @burciuoana1237
    @burciuoana1237 10 месяцев назад

    You have the best videos on trading!!!!! Wonderful job you are doing!!!! Thank you

  • @htimou5690
    @htimou5690 2 года назад

    Another stellar video. Thanks a lot 🙏

  • @gholamhosseingorgin4799
    @gholamhosseingorgin4799 2 года назад +2

    This was super useful and I thank you for your effort.

  • @victorketter2718
    @victorketter2718 2 года назад

    Never knew about candle stick formation but you helped me out. Kudos.

  • @xygenjipson
    @xygenjipson 2 года назад +1

    I always appreciate your tutorial❤️

  • @oldarmyguy1555
    @oldarmyguy1555 2 года назад +1

    I've been following the channel for some time as I am new to trading. This has been one of the best explanations thus far. Keep up the good work!

  • @faridafkir1233
    @faridafkir1233 Год назад

    Thank you, it is useful

  • @kursah
    @kursah 2 года назад

    This is an excellent video, thank you!

  • @sisqo786
    @sisqo786 2 года назад

    This is the best channel ever ,I feel like its designed specifically for me thank you again not only do I learn something new everytime you also boost my confidence too ,🙂

  • @lightphasermusic
    @lightphasermusic 2 года назад

    Very good video, thank you!

  • @figuringoutfinance6696
    @figuringoutfinance6696 2 года назад +2

    Thanks for the vid. Identifying Market Maker 'footprints and valid Order Block zones is everything - and agree, candesticks (along with other confluences) help to get in at the best entries. Cheers!

  • @sareenchanganda5550
    @sareenchanganda5550 2 года назад

    I simply love your amazing videos.you r the king of price action

  • @HumanontheLoose
    @HumanontheLoose Год назад

    WOW! I feel like I should have paid for this! Your graphics were exceptional and truly helpful. I’ll be watching it a few times over to let it all sink in and the tone of your voice is calming.

  • @dutchandbilly
    @dutchandbilly 2 года назад

    Great Content! Thanks

  • @2012turk
    @2012turk 2 года назад +14

    candlestick patterns are extremely powerful specially on higher timeframes ( weekly and monthly ) and as you said when combined with support and resistance areas and when combined with relative volume between the current bar and the previous one ....... you can easily trade based on this idea only.

  • @iruleladies2012
    @iruleladies2012 2 года назад

    u are the best. im v grateful for your content . god bless

  • @mursalimsalim2769
    @mursalimsalim2769 2 года назад

    Thanks for sharing...👍

  • @emkay1741
    @emkay1741 2 года назад

    Thanks again for this video 👌🏼😎

  • @KDMFX
    @KDMFX 2 года назад

    this is great information

  • @vlahugamingyt5486
    @vlahugamingyt5486 2 года назад

    Amazing knowledge thanks you sir

  • @visalusanson
    @visalusanson 2 года назад

    Absolutely Excellent candlestick video ….
    (Rating) A+
    ..concisely well presented!

  • @NLARA01
    @NLARA01 2 года назад

    Thanks for the video

  • @Clown-qp7rv
    @Clown-qp7rv 2 года назад

    After your last video on VSA Candlestick Pattern I memorized everything the same day I saw the video and this knowledge is now an integral part of my trading. very high quality of information and very good work on the video. thank you thank you thank you ♡♡♡

  • @manishmshah2901
    @manishmshah2901 2 года назад

    thank you.

  • @deviant3731
    @deviant3731 2 года назад

    Wish I could do more to help this channel! Loving the content :) GOAT!!!!!

  • @breannestahlman5953
    @breannestahlman5953 2 года назад

    Ty, I appreciate.

  • @pakitinfo2480
    @pakitinfo2480 2 года назад

    Very nice and very informative video. keep up the good work bro. stay blessed.

  • @maheshg5516
    @maheshg5516 2 года назад

    Awesome contents

  • @Nse360Sikkankr_1M
    @Nse360Sikkankr_1M 2 года назад

    Good information and explanations

  • @Tradehub1356
    @Tradehub1356 2 года назад

    Marius u r unbelievable I wish I Would found this channel early thank you so much from India 🙌💯

  • @amishamehta5475
    @amishamehta5475 2 года назад +1

    candlestick are powerful but when cluster of candles and convergence with western indicator used are much more powerful.. candlesticks indicates the reversals early but indicators confirms.... this is awesome video....

  • @prelean_consulting
    @prelean_consulting 2 года назад +5

    Your Videos are always very informative and interesting. Thank you very much for your deep insights. One point in the video was very interesting and belongs to the trendlines, because a horizontal trendline could be signal an entry- and exitpoint in one step, or not? In the video, I found that maybe a trader could enter a trade a littlebit earlier and could set his SL right under the horizontal trendline.

  • @kuryentelektrik
    @kuryentelektrik Год назад

    great, new trader here, BIG HELP, BIG thanks

  • @Voice_Democracy
    @Voice_Democracy 2 года назад

    Very useful information ❤️ thnx bro keep it up

  • @divyanshusarwa
    @divyanshusarwa 2 года назад

    I would like too see more videos like this . And it was really helpfull.

  • @VishalKumar-kv3dp
    @VishalKumar-kv3dp 2 года назад

    Awesome 👍 explanation.... It's very true that people tend to cram various candle sticks and don't understand their actual significance vis a vis their place of occurrence.... Also, people fail to identify CONFLUENCES by the help of SUPPORT, RESISTANCE, TREND LINE, LEVELS (Pivot, Fib.) to help themselves in the decision making process....
    You rightly and in a very simplistic manner tried to DECLUTTER our mind from the mere jargons of different candle stick names to a more practical approach towards using them....
    Thanks 👍 a lot for your efforts! I am truly a fan of yours ❣️ and wait for new video releases ....

  • @vinodingale5061
    @vinodingale5061 2 года назад

    Thank you 🙏

  • @sujithp5867
    @sujithp5867 Год назад

    Thank you sir ❤👍

  • @spiritualfiles
    @spiritualfiles 2 года назад

    U r the guru

  • @ashokprasad9514
    @ashokprasad9514 Год назад

    Very good

  • @vishk7412
    @vishk7412 2 года назад

    Great vdo again

  • @agentzhairyll14344
    @agentzhairyll14344 2 года назад +1

    New subscriber here.. Thank you for sharing your video..
    It will helped me a lot.. Your explanation is very clear and easy to understand ..
    More power to your channel. 😊
    I will started now watching all of your future videos.

  • @jburns3210
    @jburns3210 2 года назад

    Thanks

  • @svnrm2004
    @svnrm2004 2 года назад

    Crisp and useful

  • @arun4846
    @arun4846 2 года назад

    Thanks ❤️❤️❤️

  • @lesleywong5152
    @lesleywong5152 2 года назад +1

    Hello Marius! Your videos are informative and valuable as always. Would you like to make a video about how to use linear regression channel to analyze the chart?

  • @jeffmasa5530
    @jeffmasa5530 2 года назад

    The strategy success rate is 65%.i used that strategy.But thank you for uploading.stay blessed

  • @VanNguyen-bs5kw
    @VanNguyen-bs5kw 2 года назад

    Million thanks!!!!💖💖🌸🌸🌹🌹🌺🌺💝💝💟💟🎀🎀

  • @bojjamanjunadh9585
    @bojjamanjunadh9585 Год назад

    thank you sir

  • @honestwords4997
    @honestwords4997 2 года назад +2

    Premium content as always ❤️

  • @keithsimon
    @keithsimon 2 года назад +2

    great video ! please add a video on drawing trend lines and ranges during the intra day. Its very difficult to draw trennds while the chart is forming for the sake of day trading.

  • @Rohit-7263
    @Rohit-7263 2 года назад

    I like it 👍

  • @DuyTran-ss4lu
    @DuyTran-ss4lu 2 года назад

    Awesome

  • @thecelt4807
    @thecelt4807 2 года назад

    100 % channel subbed liked

  • @beavertonsue5726
    @beavertonsue5726 Год назад

    Actual,work!

  • @dhruvwagh2969
    @dhruvwagh2969 Год назад +1

    Thankyou for all teaching mentor✨i request you sir make video on rejection candles with volume

  • @ramakantmahato3273
    @ramakantmahato3273 2 года назад +1

    One of your viewer from 🇮🇳India

  • @manifestit
    @manifestit 2 года назад +1

    I wish everyone success, keep manifesting!

  • @javierlol278
    @javierlol278 2 года назад

    I dont get 5:37.. big upper shadow at the end of an up move and signals reversal of a downtrend? does this mean the last pullback during a downtrend before a higher low is created?

  • @llamamama1003
    @llamamama1003 2 года назад

    ty

  • @TrendingDetails
    @TrendingDetails 2 года назад

    can you tell me which video editing s/w are you using plz? Nice Editing

  • @WackyJay9
    @WackyJay9 2 года назад +2

    Thanks for this video TSM. I'm a long time watcher of yours , I haven't watched you in some time though because I haven't had to. What I'm trying to say is thank you for helping me become a great trader ❤️

  • @FREEFROMITALL
    @FREEFROMITALL 2 года назад

    Hey man , just discovered you recently. LOVE your content. Can you please do a vid on STOCHASTIC FAST , the ins and outs, how to use it?! I use the 13 ema and the 48 ema (along with the 200 ma) and a macd with 12/26/9 (which i believe you suggested)
    Thanks!

    • @TheSecretMindset
      @TheSecretMindset  2 года назад

      Great suggestion! And welcome aboard!👍

    • @FREEFROMITALL
      @FREEFROMITALL 2 года назад

      @@TheSecretMindset been telling ppl on the discords im in about you! cant wait to see a vid on the stacho fast/slow in an out, thanks!

  • @VanshKumar-ww6jb
    @VanshKumar-ww6jb Год назад

    awesome

  • @alfonsnshenyera9785
    @alfonsnshenyera9785 2 года назад

    This is really advanced

  • @vamsikrishnagannamaneni912
    @vamsikrishnagannamaneni912 Год назад +1

    6:21 what does highest point in the uptrend mean for a lower shadow(wick) doesn't it mean continuation?

  • @saeedisari2594
    @saeedisari2594 2 года назад

    tanks

  • @eqqismar
    @eqqismar 2 года назад

    yo yo yo, ready to learn

  • @engrbilalahmedawan1315
    @engrbilalahmedawan1315 2 года назад

    Too good :)

  • @saratmeinam6331
    @saratmeinam6331 2 года назад

    I have become a good trader because of being your student. Thank you Master. May God bless you.

  • @dulcieleperatl1706
    @dulcieleperatl1706 2 года назад

    Lovely

  • @gitv2987
    @gitv2987 Год назад

    I had just watched someone go down $2800 in the red, and then bring it back up to $28 in the green at the very end.. After watching your video, I see that they did not use a losing trend line at all, and their trending up line was placed at the tops of the green candles wicks as well, instead of the bottom.. While if you know what you are doing already, maybe it wouldn't matter as much.. I just feel that most trends before they dip appear to have fast opening and closing, warning to sell, before a big drop.. First time watching anything on daytrading today, so like you say, sometimes the presentation of the candle and the location in the trend line doesn't even matter and could drop out after a high sell out, creating the big dual side by side candle effect..

  • @rohitchotalia5236
    @rohitchotalia5236 2 года назад

    Wait is over...finally!!

  • @kvo4948
    @kvo4948 Год назад

    Excellent video that captured it all within minutes. One question that no one seems to speak about within these tutorials is the time frame which candlestick reading is most beneficial. Is there anyway you can make a video on that? Meaning can you rely one into time frame more than another whole day trading or holding long trades? I moved to 5 min when day trading and year/week when playing monthly to 6-month trades. Are the patterns and/or candlesticks more accurate on the 2min or 5min or 15min or 1hour or daily or weekly etc.? Since staring, I’ve realized that so so many new traders (even existing traders) can’t seem to find the answer to this which makes it difficult to trust in your move. Hope you can help. Thanks.

  • @saeedisari2594
    @saeedisari2594 2 года назад

    nice

  • @traderfxera
    @traderfxera 2 года назад

    Sir i have found you gives millions dollar education
    Sir i have doubt should we use indicator such as adx ma or only focus on price action

  • @fxstophunt6884
    @fxstophunt6884 2 года назад

    Damn nice

  • @evanjahlist6008
    @evanjahlist6008 2 года назад

    hi and happy new year
    can u re upload that deleted vid? 😊

  • @VangelisGaitatzis
    @VangelisGaitatzis 2 года назад +2

    Japanese candlesticks were introduced to the west the late 90's. How did Wyckoff did extensive studies on them and interpret their behavior in the market, some 120years prior? 🤨