Candlestick Patterns CHEAT SHEET (UNIQUE Price Action Trading Strategy For Beginners)

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  • Опубликовано: 7 июн 2024
  • Discover an effective price action trading strategy to identify swing pivots on Forex & stock 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 to find swing pivots when day trading and swing trading
    • How to analyze candlestick chart patterns in a simplified manner
    • How to find market swings using only 4 candlestick patterns (price action explained for beginners)
    • How to make money online trading stocks and Forex market using a simplified price action strategy
    • How to use price action in order to trade the markets (how to buy and sell using price action)
    • How to read price action when trading stocks and Forex market (explained for beginners)
    • What are the best price action patterns to look for when trading currencies, stocks and indices
    • How to trade price action and identify the best swing pivots (candlestick analysis)
    • How to interpret and read candlestick bars when trading price action
    • Our easy price action trading strategy for scalping, day trading and swing trading Forex and stock market
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    RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only, and is not tax, legal, financial or professional advice. Any action you take on the information in this video is strictly at your own risk. We therefore recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. TheSecretMindset.com and all individuals affiliated with this channel assume no responsibilities for your trading and investment results.
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Комментарии • 207

  • @TheSecretMindset
    @TheSecretMindset  3 года назад +9

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  • @sambailey8624
    @sambailey8624 3 года назад +39

    ive paid for a course on forex trading (£14) a few months back and finished it. and ive been watching this channel for a little under a week and this channel blows the course out the water. the detail in these videos and depth is incredible!!! Keep up the good work!

    • @TheSecretMindset
      @TheSecretMindset  3 года назад +6

      Great to hear!

    • @MohammedDawoodAnsari
      @MohammedDawoodAnsari 2 года назад +3

      Same experience here, I watched a course on Udemy but this content is incredibly better than the whole course content.
      Excellent explanation! Impressed!
      Liked and Subscribed 👍

    • @Tastytadkatale
      @Tastytadkatale 2 года назад +1

      @@MohammedDawoodAnsari bhai under what name the course is listed on udemy?

    • @MohammedDawoodAnsari
      @MohammedDawoodAnsari 2 года назад +1

      @@Tastytadkatale my opinion of Udemy is subjective, the author of that course is also good but it could have been better like this RUclips video. So I would avoid naming the course. Because you know it is possible I didn’t liked the course but you still find it useful.

  • @VonSC2
    @VonSC2 2 года назад +10

    Really, this channel is on a VERY short list of trading channels I return to over and over again, often watching vids multiples times and taking notes to "drill it in". Super clear, logical, to the point and graphically demonstrated perfectly. Great job 🏆

  • @simoneneft3286
    @simoneneft3286 3 года назад +2

    This is indeed unique, a different way to read price action. Great value!

  • @vtbhagat
    @vtbhagat 3 года назад +6

    excellently mentored ,step by step the real movement of the share / indices to help take decision and to make the rules, principles grasp easily. . This has been
    found to be so useful that it is tempting to go through other videos immediately. Thank you so much.

  • @ZZ-nu3dn
    @ZZ-nu3dn 3 года назад +7

    This legit one of the best channels 💯

  • @ijsandhu01
    @ijsandhu01 3 года назад +6

    damn mind-boggling, advanced concept, have to watch it many times to understand it fully. Very useful video

  • @alaypatel6050
    @alaypatel6050 3 года назад +19

    I must go through this 3-4 times before i can get a grasp of it.

    • @defiverr4697
      @defiverr4697 2 года назад

      Make a line between the wicks to form parallelogram or rhombus. A trapezoid is either inside or outside bar. Rhombus or parallelogram is up or down bars. Think of them as shapes then the brain will remember it better and eyes go to the shapes not the size for quick determination.

  • @joealexander6585
    @joealexander6585 3 года назад +6

    The description of the bar was extraordinary. This kind of explanation I've been looking for all this time. Thank you so much.

  • @Rahchasportstalk
    @Rahchasportstalk 3 года назад +2

    Your videos are truly full of knowledge thank you for what you’re doing👍🏾👍🏾

  • @abunawafaaa
    @abunawafaaa 3 года назад

    من افضل القنوات في تعليم الاسهم بطريقه واضحه
    Thank you

  • @defiverr4697
    @defiverr4697 2 года назад

    For the first time I am beginning to get candles and their use. Best.

  • @wailwong8712
    @wailwong8712 3 года назад +24

    The most useful candlestick 101 explanation on RUclips so far...thank you.

  • @fixitladie
    @fixitladie 2 года назад +1

    Cool video! This is a super simple explaination of The Strat, but with a twist.

  • @DineshGaikwad
    @DineshGaikwad 3 года назад +1

    Thank you very much for sharing this knowledge worth millions!

  • @TotiSevilla
    @TotiSevilla 3 года назад

    This and SAR has made me some money on forex and indices...Thank you very much!

  • @AsifKhan-yw6zp
    @AsifKhan-yw6zp 3 года назад +10

    I was really waiting for this video, thanks Man. God Bless ü :)

  • @crispinbritanico4255
    @crispinbritanico4255 3 года назад +1

    Invaluable , THANK YOU

  • @laufred6749
    @laufred6749 3 года назад +2

    Powerful guide love it lots of love

  • @Khala01
    @Khala01 3 года назад +9

    This is an eye opener! Your charting is simple , clear and concise. I watch all your videos. Thank you

  • @MonteyCarlo92081
    @MonteyCarlo92081 3 года назад +1

    this channel is low key, high key, inside key, outside key.... THE BEST CHANNEL for learning how to read the matrix of the market.

  • @neuvocastezero1838
    @neuvocastezero1838 2 года назад +1

    Your trading channel is the best I've seen, by a clear "margin".

  • @knightsportsfc3s
    @knightsportsfc3s 3 года назад

    12.20am thumbs up and will watch in the morning 👍

  • @jeanzind2849
    @jeanzind2849 2 года назад +2

    Your explanations are really clear and essential, the rest is just learning and put the theory in practice. If life could always be like that..Thank you!

  • @fantomghost6213
    @fantomghost6213 3 года назад

    Thank you for your knowledge and understanding of price action and delivering....for free...this knowledge.

  • @alikavousi6962
    @alikavousi6962 3 года назад +1

    Thank you very much, loving these deeper next level topics, keep at it please!

  • @danan4597
    @danan4597 3 года назад +5

    Marius, your videos are amazing, I've learnt so much from you. Thank you for the way you are explaining everything. 🙏🤗

    • @TheSecretMindset
      @TheSecretMindset  3 года назад +2

      Many thanks!

    • @infiad1275
      @infiad1275 2 года назад +1

      @@TheSecretMindset Marius? I think you should change your name to Morpheus because you're always putting out more for us!! More red pills brother!!

  • @karlp5830
    @karlp5830 3 года назад

    Brilliant video Marius. A real lightbulb moment for me...cheers!

  • @mr.k1421
    @mr.k1421 3 года назад +1

    Amazing...by far the best content I have watched ... gratitude

  • @cedricallou1347
    @cedricallou1347 3 года назад +1

    Oh m'y god that's ground breaking informations , when i am ready i will enrol
    For a course with you Guy ,,👏👏👏👏
    Well done

  • @pateldipak4310
    @pateldipak4310 3 года назад +1

    Thank you sir...
    I am from India.
    You give a lot of information, knowledge with practical example.
    My question..
    Which books are you suggesting for become a good treder..
    Pls reply and make a separate video.

  • @interestingthingsnearby4302
    @interestingthingsnearby4302 3 года назад +1

    good job my friend, keep making content

  • @schiiiei
    @schiiiei 3 года назад +1

    cant believe the information are for free. Thanks dude!!

    • @kelvinbritton5256
      @kelvinbritton5256 3 года назад

      I just contacted him, you can Kindly reach out to him directly on Whasapp for guidance 👇

  • @LitMagicianGoddess
    @LitMagicianGoddess 2 года назад +1

    This video is pure gold! Thank you!

  • @vtbhagat
    @vtbhagat 3 года назад

    VERY WELL MENTORED . THANKS

  • @chrisalcantara5582
    @chrisalcantara5582 Год назад

    Thank you. Well done

  • @Ywiyc
    @Ywiyc 3 года назад

    You’re my mentor for my forex swing/day trading. Thanks man you’re the only guy i really trust on this topic. Learning new important thing from your vids everyday! Currently still using a demo account and want to collect as much knowledge as i can before i start with real money.

  • @rmvln
    @rmvln 2 года назад

    You're a genius!

  • @mrrolandlawrence
    @mrrolandlawrence 2 года назад

    this channel is amazing. have learned so much. some of the best content on youtube ive seen period.

  • @KujoTenshi
    @KujoTenshi 3 года назад +4

    appreciate it, been hard to get these bars to memory

    • @defiverr4697
      @defiverr4697 2 года назад

      Make a line between the wicks to form parallelogram or rhombus. A trapezoid is either inside or outside bar. Rhombus or parallelogram is up or down bars. Thinking them as shapes then the brain will remember it better and eyes go to the shapes not the size for quick determination.

  • @patricklucas8008
    @patricklucas8008 3 года назад +1

    You are a great teacher, i watch your videos and I feel more confident going into the market

  • @nandoblondemobydick5438
    @nandoblondemobydick5438 3 года назад +1

    ur the best by far in YT teaching trading, i ´m a big fan of your work, it ´s clear you have trade since long time ago :-) great man!! thanks a lot.

  • @pankidan
    @pankidan 3 года назад +1

    Quite useful!

  • @nirojkhadgi79
    @nirojkhadgi79 3 года назад +4

    Does it mean "The closing price (or opening too) of a price bar does not matter in this classification" is to include wick/ shadow for it?

  • @henrycavil3385
    @henrycavil3385 2 года назад

    love your videos

  • @firoozehnaderifard4122
    @firoozehnaderifard4122 Год назад

    Thank you million times sir. The best Channel i found in RUclips

  • @Abhisingh-pp5lq
    @Abhisingh-pp5lq Год назад

    Amazing video,,,

  • @seiv16
    @seiv16 3 года назад

    i very enjoyed this video. watching it was like revealing everything i needed to know after trying to notice myself after hours of backtesting as newbie

  • @primeflux9682
    @primeflux9682 3 года назад

    Thanks for sharing 👍❤️

  • @PanthroHex
    @PanthroHex 3 года назад +1

    absolute gold

  • @yessemsuya7915
    @yessemsuya7915 Год назад

    leadies &gentalmets not only the video is amazing but also the voice and good stly of teaching of THIS GUY????? i always be satisfied when i learn through this VALUABLE CHANNEL???? to be frank i am a BIG biggner in DEMO ACC 🤣🤣🤣🤣🤣 but i realy hv a huge hope to win the all SMART MONEY's strategies after graduating the SECRECT MINDSET OF TRADING UNIVERSTY Thanks so much my TEACHER keep it up give us those innermost secrets used by the MARKET hunting

  • @jordilozano9750
    @jordilozano9750 2 года назад +1

    Phenomenal!

  • @nikluk8790
    @nikluk8790 3 года назад

    Nice video !! 👏👏👏

  • @racingkerala
    @racingkerala 3 года назад +1

    Ur really great sir

  • @sajjad3
    @sajjad3 3 года назад

    I appreciate you... your nice work... very intelligent thinking...... wow..........

  • @nothandomasuku4514
    @nothandomasuku4514 3 года назад +1

    This video is so informing... Thank you.

  • @iamcasiddharth
    @iamcasiddharth 3 года назад

    Waiting for your video 👍

  • @zirryllepatrickmarchades5757
    @zirryllepatrickmarchades5757 2 года назад

    Great great video sir! I just want to ask how can this be used as an entry signal. I've tried trading using this type of candle reading, but e.g. when theres 3 consecutive up bars, and when I decided to enter it, it goes the opposite. Note: the chart is also on uptrend

  • @vtbhagat
    @vtbhagat 3 года назад +1

    Class mentoring of the concept of market swings resulting into trend. Thanks

  • @lifewithryry
    @lifewithryry 2 года назад

    Wow okay backtested and tried I've improved my win rate by 80% this week alone! really helpful if you can identify key zones

  • @fandysmith2141
    @fandysmith2141 3 года назад

    Nice...,thnks...

  • @jaferali7899
    @jaferali7899 3 года назад

    Thank you bro

  • @mahi1860
    @mahi1860 2 года назад

    Super bro

  • @user-th9is1wz3k
    @user-th9is1wz3k Год назад

    좋은내용입니다. 당신의 비디오를 잘 보고 열심히 공부하고 있습니다. 감사합니다

  • @interestingthingsnearby4302
    @interestingthingsnearby4302 3 года назад

    good job friend

  • @vipulchabhadia5567
    @vipulchabhadia5567 3 года назад

    Nice sar

  • @arise4931
    @arise4931 3 года назад +4

    Could u make a psychology of a candlestick's video sir ?

  • @timefactoredswings
    @timefactoredswings 3 года назад

    very good

  • @hurremsultan515
    @hurremsultan515 3 года назад

    Nice another one dear. Take my cordial love.

  • @baneetkumar6710
    @baneetkumar6710 2 года назад

    Just loved your content brother, everything in detail and I can bet anyone that your content on trading is best on youtube. Keep up bro🔥🤙🏆

  • @aldogerardus4157
    @aldogerardus4157 3 года назад

    How to draw pivot swing? Or is it the same as support and resistance?

  • @ryandaniel9110
    @ryandaniel9110 3 года назад +1

    Absolutely amazing content!✌✌

  • @hisham6280
    @hisham6280 2 года назад +1

    Big fan from india❤️

  • @tobiasschinke1614
    @tobiasschinke1614 3 года назад

    Thank you so much for the information. There's one thing I don't really understand: In your quiz there are two bearisch downbar formations on the right, but the trend is still upwards?

    • @kelvinbritton5256
      @kelvinbritton5256 3 года назад

      Kindly reach out to him directly on Whasapp for guidance 👇

  • @MrTopherlicious
    @MrTopherlicious 3 года назад

    I think the Expanse used your accent for the Belter accent! Love it, and love your videos! Thx again!

    • @kelvinbritton5256
      @kelvinbritton5256 3 года назад

      You can kindly reach out to him directly on Whasapp for guidance 👇

    • @kelvinbritton5256
      @kelvinbritton5256 3 года назад

      +1. 3. 3. 1. 2. 1. 4. 7. 3. 0. 9

  • @jannopiolobatecan8173
    @jannopiolobatecan8173 3 года назад +1

    hi sir, thanks for the video...do you have recommended books similar to your video please?thank you very much

  • @lennartkluge5064
    @lennartkluge5064 3 года назад

    Great video! One question tho: You said that outside bars usually mean that the current trend is continued. Doesn't that contradict the idea of bullish and bearish engulfing patterns as indicators of trend reversals?

    • @TheSecretMindset
      @TheSecretMindset  3 года назад +5

      In a traditional way, yes. But this is a different way to read candlesticks.

  • @pavelmiksa
    @pavelmiksa 3 года назад

    Hello sir, I love your videos and this one is so interesting, that I watched it several times.
    Got a question: how could I decide if the bar is inside or outside if low and high is equal to previous bar?

    • @TheSecretMindset
      @TheSecretMindset  3 года назад

      You wait for the next bar to form. In this scenario, I would consider it a continuation of the swing.

  • @randygoad3744
    @randygoad3744 2 года назад

    What about a gap in terms of a swing high or swing low? Example there is a gap between the previous close and current open and there is a lot of momentum as defined in a large body of current bar (bar with a gap) and it makes a new swing pivot point is this a swing point?

  • @krunaljrana3012
    @krunaljrana3012 3 года назад +1

    You are awesome

  • @user-th9is1wz3k
    @user-th9is1wz3k Год назад

    궁금한점이 있습니다.
    차트에 이동평균선을 구현하고 싶습니다. 가장 좋은 이동평균선 조합을 가르쳐 주십시요. 부탁드립니다

  • @IVPLTV
    @IVPLTV 2 года назад

    SIFUUU 🙏🙏🙏, this is what I need the most for trading 🙏🙏🙏🔥 . THANK YOU MASTER 🙇‍♂️

    • @TheSecretMindset
      @TheSecretMindset  2 года назад

      👍👍

    • @IVPLTV
      @IVPLTV 2 года назад

      @@TheSecretMindset thank you for your reply sifu 🙇‍♂

  • @eqqismar
    @eqqismar 3 года назад +2

    PRICE ACTION MASTERCASS !!

  • @randygoad3744
    @randygoad3744 2 года назад

    What about using Heikin -Ashi bars to assist with Swing points? It will make defining swings easier?

  • @tadghostal8769
    @tadghostal8769 3 года назад +3

    I wish I could give you a quadrillion thumbs up! 😏🍻

  • @cap7333
    @cap7333 2 года назад

    Great video, thanks for sharing all these insights for us traders.
    QUESTION: this pattern looks like it could be easily programable as a "pattern recognition" in the trading platform, do you know other way to call this candlestick classification? (I use ThinkOrSwim platform). thanks.

    • @TheSecretMindset
      @TheSecretMindset  2 года назад

      Unfortunately, no. I'm not based in US and don't have access to ToS platform.

    • @cap7333
      @cap7333 2 года назад

      I was doing some research on the last days about this candle stick approach, but can't find much information...
      even it's easy to read and not on my graphs the 4 types of candles and swings, it would be even easier and could also incorporate in a alert script if it would be possible for a candlestick pattern recognition to identify them.
      Besides TOS I also use Barchart and others... Would you know another name of the Pattern Recognition or a program that can identity them?
      Thanks a million $$$, keep you the great work!

  • @RebuildFC
    @RebuildFC 3 года назад

    This can be used for analysis of a trend retrospectively.
    But what guidance do we get about how the market is going to move? There's no way to know when an upswing will be broken by an outside bar or a down bar will be formed tomorrow despite an upswing today.
    So how to use this effectively? Please guide.

    • @TheSecretMindset
      @TheSecretMindset  3 года назад

      From a multiple time frame perspective, this helps a lot.

  • @thewanderingartists
    @thewanderingartists Год назад

    Holy guacamole 😱 this is some top secret.

  • @jordilozano9750
    @jordilozano9750 2 года назад

    QUESTION: Is this technique for tick charts and 1Minute charts only?? OR can I use this on larger time frames (e.g. 1H, 4H, or D)?? Thank you!

  • @Acmandich02
    @Acmandich02 3 года назад

    Quick question, when reading the bars. Are you just looking at the candle it self or also looking at the wick/ shadow? To determine if it’s an ub, db, ib, ob...?

    • @kun_jr
      @kun_jr 3 года назад +1

      Involving wicks

    • @defiverr4697
      @defiverr4697 2 года назад +1

      Make a line between the wicks to form parallelogram or rhombus. A trapezoid is either inside or outside bar. Rhombus or parallelogram is up or down bars. Thinking them as shapes then the brain will remember it better and eyes go to the shapes not the size for quick determination.

  • @chetanp21
    @chetanp21 2 года назад

    Sir Thankyou very much for sharing such excellent vedios .
    Sir I request you to please share a vedio on pullback trading.
    we retail traders are trap and make huge losse.

  • @amuthaa2723
    @amuthaa2723 2 года назад +1

    Great soul never hides the TRUTH

  • @naveensrikakolapu6739
    @naveensrikakolapu6739 3 года назад

    Volume analysis with candlestick please sir

  • @venugopal4359
    @venugopal4359 3 года назад

    @the secret mindset..dear sir, can you mention what time frame gives best trading opportunity according to this approach

  • @trader_arun_nivas__
    @trader_arun_nivas__ 3 года назад

    Why Retest happening after Successful BO , What is the psychology behind that?

  • @voy_tech
    @voy_tech 3 года назад

    👍

  • @AmitavaRoy
    @AmitavaRoy 3 года назад

    Is Candlestick ("Pressure & Shock" + "Wick") theory also applicable to predict the next candle?

    • @TheSecretMindset
      @TheSecretMindset  3 года назад +1

      I stay away from words like "predicting". I prefer to think in terms of probabilities. The reality is that you cannot really tell what candle will happen next, it's impossible.

  • @jesusmanuellopez828
    @jesusmanuellopez828 3 года назад +1

    Please what tools do you used to make your videos?

  • @nep6117
    @nep6117 3 года назад

    Question: Would this approach work for Crypto Trading as well?

  • @_eMandleni
    @_eMandleni Год назад

    How many trading strategies do you know?