Step 1: - find the starting point - a distinct change where a stock could start from, does it make sense, was there a catalyst? Volume bulge Step 2: - zoom out at least 60 bars on any time frame, 1 minute time-frame use one hours, 5-minute bars you’re looking at t hours etc - 60 bars minimum Step 3: - connect the first two distinct points - use the wicks or the body? - if the first candle had a wick, then use the wick - Consolidation vs range - 13:27 range could go all year, vs consolidation is a temporary range with a pending resolution present a distinct change with a consolidation Anchored VWAP as a trend line - is a trend line that incorporates price that layers on volume
🎯 Key Takeaways for quick navigation: 00:00 📈 *Professional traders use trendlines in surprising ways for maximum trading results.* 02:28 🧐 *Qualifying a good trendline: It should start from a distinct point, have at least 60 bars on any timeframe, and connect the first two major points.* 05:23 🕯️ *Use the wick or body of the initial candle to connect trendlines based on your expectations.* 07:25 💡 *Identifying consistent trendlines: Passive buy/sell programs driven by moderately price-sensitive participants create the most reliable trendlines.* 10:12 🔄 *Adapt trendline trading to market conditions, and it works better when more participants are involved.* 17:23 💰 *Scalping strategy: Exit half of your position initially, then trail with a new trendline.*
thankyou! :) - the trendline has to start somewhere that makes sense eg fundamental change, shift in catalyst, price action. distinct change. look at at least 60 bars on any time frame. then connect the first 2 higher lowers for up sloping trend. or lower highs for down sloping - if the first candle that started the trend line had a wick, connect wicks. if it didnt have a wick, connect the bodies. - you can range trade a trendline - trendline break and retest
SMB videos are SO helpful! the videos actually show what to look for. It does take practice and time but they give knowledge that one might never pick up on.
Fantastic video! 👍 Your explanation of trading trend lines was not only insightful but also incredibly practical for traders at all levels. Your ability to break down complex concepts into understandable segments is a skill that deserves major kudos. Thanks for sharing your expertise - it's content like this that makes the trading community richer. Keep up the awesome work!
@@herrickinman9303You pleb! Do you think everyone is reading your correction thinking how smart you are. No, I promise you they are not thinking that 😂😂
it's emblematic of the quality of the content and the presentation in these vids that holden can take a concept (trend-line trading) i'd never use and at the very least make me re-think - the part about the type of market participants adding to the viability of a trend line was good to go - cheers
"It's emblematic of"? Really? _Trendline_ is one word. So is _rethink._ The "type of market participants" that are supposedly driving the price action is only presumed after the fact.
I definitely use trendlines in my trading. I appreciate the info you have provided. In my, admittedly limited experience, I have seen a lot of breaks of a trendline (candle(s) closing outside of the trendline), and then a new high/low is made before the structure changes.
I really do have a question. For someone with less than $5,000 to invest, how would you recommend we enter the market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach?
I've been trading by myself. I'm not really happy with what's going on, just few weeks ago I lost about $7,000 in a particular trade. Can you help me out or at least advise me on what to do?
I will advise you stop trading on your own if you keep losing. And i don't trade on my own anymore, I always required help and assistance from my personal financial advisor < Katherine Maggie >
YES!!! That's exactly her name Katherine Maggie so many people have recommended highly about her and am just starting with her from Brisbane Australia🇭🇲
Thanks for the great video. One question - if it takes 60 bars to establish a trendline, then probably a lot of trading opportunities would have been gone, how do we make of that?
With enough instruments to trade, the idea is to focus on consistency of the strategy, focus on an approach where less is more and be patient for the opportunity to present itself
Decent video! You guys always put out great videos! A couple of rules I have also 1)i dont take more than 2 trades off of any trendline 2)lower timeframe trendlines are subservient/ subordinate to higher timeframe trendlines 3) I trade mostly off horizontal levels in a grid system and the trendlines are subordinate to those also. 4)If I get confluence from a trendline and horizontal level, its a very high probability trade.
Thank you very much for posting this kind of video. As a biggener trader. This video is supper easy to understand. I have a question. When is come to identify many participants on a trade. How do you undentify it?
I subscribe to this, but there was nothing groundbreaking about this video LOL my trendline videos are much, but I'm happy to see that you showcased a trader that's using them professionally, they work.
Lol watched your videos. It’s ass. Bunch of gibberish, and hard to follow. Ideas are thrown out of everywhere, trying create correlation out of nothing
Should add that a failed breakout usually rips through the other side trendline. Ie break below trendline then has engulfing candle back through into channel. That shows sellers lost the war and all got out of trade letting bulls regain momentum and run it freely to upside above trendline. These either run on or quickly fail so once that trade is in the books really watch closely because that’s a huge interruption in the markets. I see it make new trendline above or below the old one using highs or lows of old trendline as support or res.
Interesting that of the dozen or so traders workstations that were glimpsed during this video…. not a single trend line to be seen on any of the charts.
Unless you understand Markov chains and stochastic differential equations, the only lines on your chart should be horizontal. Has Jim Simons invested in SMB or something?
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SMB's New Scalping Course (free) tinyurl.com/2p87u6dn
Wow. This explanation of trend lines and who - _not what_ - causes them is SO enlightening. _I'll never look at candles the same way again!_
That trendline break-backside-retest is 🎯
Hi, I can't reserve a seat... Thanks.
Step 1:
- find the starting point
- a distinct change where a stock could start from, does it make sense, was there a catalyst? Volume bulge
Step 2:
- zoom out at least 60 bars on any time frame, 1 minute time-frame use one hours, 5-minute bars you’re looking at t hours etc
- 60 bars minimum
Step 3:
- connect the first two distinct points
- use the wicks or the body?
- if the first candle had a wick, then use the wick
-
Consolidation vs range
- 13:27 range could go all year, vs consolidation is a temporary range with a pending resolution present a distinct change with a consolidation
Anchored VWAP as a trend line
- is a trend line that incorporates price that layers on volume
🎯 Key Takeaways for quick navigation:
00:00 📈 *Professional traders use trendlines in surprising ways for maximum trading results.*
02:28 🧐 *Qualifying a good trendline: It should start from a distinct point, have at least 60 bars on any timeframe, and connect the first two major points.*
05:23 🕯️ *Use the wick or body of the initial candle to connect trendlines based on your expectations.*
07:25 💡 *Identifying consistent trendlines: Passive buy/sell programs driven by moderately price-sensitive participants create the most reliable trendlines.*
10:12 🔄 *Adapt trendline trading to market conditions, and it works better when more participants are involved.*
17:23 💰 *Scalping strategy: Exit half of your position initially, then trail with a new trendline.*
On the Daily we can use the last 20,40,60 bars as this is the IPDA range
They mean "distinctive point" not "distinct point." All points are distinct. All lines (including trendlines!) are determined by two points.
Your ability to break down complex concepts into understandable segments is a skill that deserves major kudos.
thankyou! :)
- the trendline has to start somewhere that makes sense eg fundamental change, shift in catalyst, price action. distinct change. look at at least 60 bars on any time frame. then connect the first 2 higher lowers for up sloping trend. or lower highs for down sloping
- if the first candle that started the trend line had a wick, connect wicks. if it didnt have a wick, connect the bodies.
- you can range trade a trendline
- trendline break and retest
Two points determine a line.
This is the only video people need to make money in markets. I trade trend lines. Works like magic.
I hope this is true because I’m losing hope
@Painfulwhale360 also look up point and figure charting that will help you a lot. If you are struggling with candlestick.
SMB videos are SO helpful! the videos actually show what to look for. It does take practice and time but they give knowledge that one might never pick up on.
This is one of my favorite videos from you guys and I have watched hundreds
I love watching and learning something new everyday from SMB trading. Always a Gem!
Fantastic video! 👍 Your explanation of trading trend lines was not only insightful but also incredibly practical for traders at all levels. Your ability to break down complex concepts into understandable segments is a skill that deserves major kudos. Thanks for sharing your expertise - it's content like this that makes the trading community richer. Keep up the awesome work!
Trendlines. Not "trend lines."
@@herrickinman9303You pleb! Do you think everyone is reading your correction thinking how smart you are. No, I promise you they are not thinking that 😂😂
Thanks for the systematic tutorials. I think with the learning I can finally win the game.
it's emblematic of the quality of the content and the presentation in these vids that holden can take a concept (trend-line trading) i'd never use and at the very least make me re-think - the part about the type of market participants adding to the viability of a trend line was good to go - cheers
"It's emblematic of"? Really? _Trendline_ is one word. So is _rethink._ The "type of market participants" that are supposedly driving the price action is only presumed after the fact.
Great info on how to use Anchored VWAP, I need to work harder on that. Thank you
I definitely use trendlines in my trading. I appreciate the info you have provided. In my, admittedly limited experience, I have seen a lot of breaks of a trendline (candle(s) closing outside of the trendline), and then a new high/low is made before the structure changes.
Why don't you just say "the trend changes" instead of "the structure changes"? No need to invent new jargon for an old concept.
@@herrickinman9303market structure is definitely not a new term and is the skeleton of a trend. Higher highs, higher lows, lower highs, lower lows
Finally, i found good video second time on SMB. First one was about ATR explanation.
I really do have a question. For someone with less than $5,000 to invest, how would you recommend we enter the market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach?
I've been trading by myself. I'm not really happy with what's going on, just few weeks ago I lost about $7,000 in a particular trade. Can you help me out or at least advise me on what to do?
I will advise you stop trading on your own if you keep losing. And i don't trade on my own anymore, I always required help and assistance from my personal financial advisor < Katherine Maggie >
YES!!! That's exactly her name Katherine Maggie so many people have recommended highly about her and am just starting with her from Brisbane Australia🇭🇲
Legend says "If you don't find a way to make money while you sleep, you are fated to die working" and it turned out to be true.
This sounds so good and I would like to be a party to this, is there any way I can speak with her?
Swing low price points plotted on chart, connected gives trend lines.
Thanks for the great video. One question - if it takes 60 bars to establish a trendline, then probably a lot of trading opportunities would have been gone, how do we make of that?
With enough instruments to trade, the idea is to focus on consistency of the strategy, focus on an approach where less is more and be patient for the opportunity to present itself
Decent video! You guys always put out great videos! A couple of rules I have also 1)i dont take more than 2 trades off of any trendline 2)lower timeframe trendlines are subservient/ subordinate to higher timeframe trendlines 3) I trade mostly off horizontal levels in a grid system and the trendlines are subordinate to those also. 4)If I get confluence from a trendline and horizontal level, its a very high probability trade.
Thank you very much for posting this kind of video. As a biggener trader. This video is supper easy to understand. I have a question. When is come to identify many participants on a trade. How do you undentify it?
Thanks for the content really helpful and good timing. Isn't tesla right now a trendline break and retest pattern?
Thank you for the videos! Wicks vs Bodies...interesting.
I subscribe to this, but there was nothing groundbreaking about this video LOL my trendline videos are much, but I'm happy to see that you showcased a trader that's using them professionally, they work.
Your trendline videos are much what?
@@haverelmink😂 go watch em yes and then you tell me
Lol watched your videos. It’s ass. Bunch of gibberish, and hard to follow. Ideas are thrown out of everywhere, trying create correlation out of nothing
Almighty trend line is DOPE
Отличная работа, Олег!
This is probably the best trendline video. Thanks.
Should add that a failed breakout usually rips through the other side trendline. Ie break below trendline then has engulfing candle back through into channel. That shows sellers lost the war and all got out of trade letting bulls regain momentum and run it freely to upside above trendline. These either run on or quickly fail so once that trade is in the books really watch closely because that’s a huge interruption in the markets. I see it make new trendline above or below the old one using highs or lows of old trendline as support or res.
Man just give me a trend line and leave the rest on me 😂 market isn’t trending all the time
great content 100%
Very useful video, exceptional instructional technique.
can you give a algo code for this that is in python? if you have it
Спасибо автору за новую связку. Проверил, все работает.
You’re a great teacher man
Thanks ;) it must be fun working with you guys.
Thank you...
This was fantastic, thank you.
Very good video. What time frame do you guys use? 1m, 5m?
Great educational videos. Thank you for the great content.
do you train traders who dont live in the US?
Another Excellent video. Thank you for sharing.
Excellent video. Thank you
Interesting that of the dozen or so traders workstations that were glimpsed during this video…. not a single trend line to be seen on any of the charts.
Still the best Videos on Trading on YT!
Thank you very much for everything you do!
im trying to find a video on swing high swing low and pullbacks internal stracture on trends bullish or bearish
Thanks
Where can we find the full course?
I qwatched the one hour webinar/ IO want in
Great video on trend lines🙏
So if you have a failed breakout, how many bars (on average) will the downtrend last?
Связка топ, спасибо за информацию.
I sounded exactly like this trying to get business, saying I had lots of employees when it was just me and my roommate...
Thanks SMB! Nother good one
How can I apply
Excellent video!
Мне кажется, это не для новичков: вроде прикольно, но что делать если есть только 100$? Как их приумножить?
This is Trendlines 101.
The link provided does not work.
which one? Everything seems to be working okay
Unless you understand Markov chains and stochastic differential equations, the only lines on your chart should be horizontal. Has Jim Simons invested in SMB or something?
I think you’ve confused regression line with trend line 🙂
Why?
Can you post a sample?
Unless you have demonstrated low volatility positive return for years you really shouldn't comment about what is necessary and what isnt.
Спасибо дружище, написал тебе по поводу приватки.
nice
Pair with RSI then the magic happens🎉
Explain please!
👍
정말감사합니다
talking alot... no demo
Don't ever pay someone to teach you.
May we buy books?
Yes but it’s better to learn from notes and experience in the market working with numbers and being able to change sell and buy in seconds
@@skunkape5918😂
people beware................ a little fee is charged
✌👍🙏😄
☦💛💪💛☦
Too much talking without showing annoying 🤮🤮🤮👎