I can't imagine how this level of content is free laying around in the internet. Already told you Thomas how much I'm thankful for finding your channel. Respect you a lot. Great video.
I've been waiting for a video explaining and showing your rules. It's hard to determine them while trading live. I've found that determining trend lines can be harder than I originally thought.
I have a video - Market rules explained - that covers that aswell. Finding trendlines it is not that hard but it is skill like any other, it gets so much easier with a little experience.
There is a F2ES all the way up where I mentioned the 1EL. I wouldn't like taking reversal pattern there because by that time price moved too far up. Reversal pattern shold form close to EMA without price pushing too far up. Not that it is wrong to take it, just more aggressive.
Hello Thomas, In first leg of bull correction if an outside bar is formed, is it an end of leg one or how to count leg in case of outside bars, can you help please
Hi Rita, thanks for the positive feedback. I am in Prauge, Czech Republic. Right now I don't sell any courses. But people are more and more interested in some more in-depth content so I will probably have to create a website and work there... we will see. Right now I am trying to share my knowledge and experience in these free videos.
1 mint time frame 20 EMA also work or not? Plz make a video 1 mint time frame tight entry and which scenarios enter the trade after major red news like spike candle and full bullish bearish etc candle .
@@ThomasWade really appreciate and thankful to you for answering my queries, greatly admire your immenselt useful and knowledgeable videos in your channel.
Hi Thomas, at 11:46 you counted the 2EL but you pointed at the bearish candle and said that it's a horrible signal bar. Isn't the 2EL candle the signal bar? the bullish one? i cannot wrap my head around why did you pointed at the bearish candle when you were looking for 2EL.
The bearish bar was the second bar we broke above from count reset point. 2EL triggered above the bearish bar I talked about. But we cannot buy above bearish bar so we skipped.
Hi, yes I did. My win rate believe it or not stayed or even improved. Because I became mentally more stable. There are 2 reasons why I went from 4 ticks to 10 ticks scalps: 1)If I follow the rules and I take the trades at key entry points, the trades work for much more than 4 ticks, even much more than 10 ticks. I just like to scalp even If it is now key entry point so 8-10 ticks is the sweet spot. I was just tired leaving money on the table when going for only 4 ticks. 2)Mental side of trading. When I was only going for 4 ticks. I could have 3 winners and give it all back in just one looser. And after that happened I got frustrated and started trading like crap. When I go for 10 ticks and I know that I can get my looser back just with 1 trade I feel so comfortable that I still trade mentaly strong and in the zone.
@@ThomasWade Thank you! Yes you are correct, we can scalp for 4 ticks and have a 75% winrate and still not be profitable because of the bad risk-reward ratio. Happened to me many times where I get 3 winners and 1 bad loser wiped out all my gains. I might try 8-10 ticks in the future.
I can't imagine how this level of content is free laying around in the internet. Already told you Thomas how much I'm thankful for finding your channel. Respect you a lot. Great video.
Wow, thanks for such a great feedback. Always nice to see you here getting better : )
Another fantastic tutorial Thomas, will be watching this multiple times for it to sink in.
Thank you! It is good to hear the video is helpful.
Answered many questions. Great video, much appreciated.Thank you Thomas
It's very helpful info. Keep the videos coming.
I've been waiting for a video explaining and showing your rules. It's hard to determine them while trading live. I've found that determining trend lines can be harder than I originally thought.
I have a video - Market rules explained - that covers that aswell. Finding trendlines it is not that hard but it is skill like any other, it gets so much easier with a little experience.
11:34. Is this a reversal? F2ES. I was wondering why we couldn't take that one?
There is a F2ES all the way up where I mentioned the 1EL. I wouldn't like taking reversal pattern there because by that time price moved too far up. Reversal pattern shold form close to EMA without price pushing too far up. Not that it is wrong to take it, just more aggressive.
thank you sir
All the best
Your best video so far. I've been following you since you started posting videos and you nailed the explanations this time.
Thanks!
Hello Thomas, In first leg of bull correction if an outside bar is formed, is it an end of leg one or how to count leg in case of outside bars, can you help please
If I understand correctly it is end of leg one and we expect second leg. Rules are the same even with outside bar.
@@ThomasWade Many thanks, really surprising, how you manage to promptly reply to the queries of your viewers of your channel, Great
Hi Thomas we really like your videos.
I’m going to watch them all. Where are you located? Are you giving courses? Thanks. Rita Jonas
Hi Rita, thanks for the positive feedback. I am in Prauge, Czech Republic. Right now I don't sell any courses. But people are more and more interested in some more in-depth content so I will probably have to create a website and work there... we will see. Right now I am trying to share my knowledge and experience in these free videos.
Which time frame ?
I trade 2000 tick chart. 1-5 min are good
Ok thanks @Thomas
I trade 1 mint time frame
1 mint time frame 20 EMA also work or not? Plz make a video 1 mint time frame tight entry and which scenarios enter the trade after major red news like spike candle and full bullish bearish etc candle .
Your all price action video on 1 and 5 mint time frame consept
@@ARSHIA819 Concept is exactly the same, still 21 bar EMA and still price action rules.
Hi Thomas, Prices form new extreme after break of trendline, is it same as saying prices test trendline after break?
I would say yes. But the main focus is for prices to create high that is higher then highest high inside of the channel. Vice versa for bearish bias.
@@ThomasWade really appreciate and thankful to you for answering my queries, greatly admire your immenselt useful and knowledgeable videos in your channel.
Hi Thomas, at 11:46 you counted the 2EL but you pointed at the bearish candle and said that it's a horrible signal bar. Isn't the 2EL candle the signal bar? the bullish one? i cannot wrap my head around why did you pointed at the bearish candle when you were looking for 2EL.
The bearish bar was the second bar we broke above from count reset point.
2EL triggered above the bearish bar I talked about. But we cannot buy above bearish bar so we skipped.
Hi thomas, did you try scalping 4 ticks before? when you went for 10 tick profit target what was your win rate?
Hi, yes I did. My win rate believe it or not stayed or even improved. Because I became mentally more stable.
There are 2 reasons why I went from 4 ticks to 10 ticks scalps:
1)If I follow the rules and I take the trades at key entry points, the trades work for much more than 4 ticks, even much more than 10 ticks. I just like to scalp even If it is now key entry point so 8-10 ticks is the sweet spot. I was just tired leaving money on the table when going for only 4 ticks.
2)Mental side of trading. When I was only going for 4 ticks. I could have 3 winners and give it all back in just one looser. And after that happened I got frustrated and started trading like crap. When I go for 10 ticks and I know that I can get my looser back just with 1 trade I feel so comfortable that I still trade mentaly strong and in the zone.
@@ThomasWade Thank you! Yes you are correct, we can scalp for 4 ticks and have a 75% winrate and still not be profitable because of the bad risk-reward ratio. Happened to me many times where I get 3 winners and 1 bad loser wiped out all my gains. I might try 8-10 ticks in the future.
Thank you bro!
Like it thank you
Talking way too fast...please slow down