Elliott Wave Trading Was Impossible, Until I Discovered These Price Action Clues (Simplified Guide)

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  • Опубликовано: 30 апр 2024
  • Discover a price action trading strategy using Elliott waves to forecast trends on Forex, crypto and stock market. In this video you’ll learn:
    • What is Elliott wave theory and what is Elliott wave analysis
    • What are impulsive and corrective waves and what are pullback price structures
    • How to draw and how to use Elliott waves and where to start Elliott wave count
    • How to make money trading stocks and Forex market using Elliott waves (on different trading platforms: Tradestation, Thinkorswim, Webull, Metatrader 4 etc)
    • What are Elliott waves and how wave trading works in Forex and stock market
    • How to read price action using Elliott waves (how to buy and sell using Elliott Waves)
    • How to interpret Elliott waves when trading stocks (Elliott Waves explained for beginners)
    • How to correctly count Elliott wave patterns (in a trading strategy)
    • How to identify trends and take signals using Elliott wave theory and simple price action (with examples)
    • How to take long and short positions with Elliott waves
    • What are the best signals offered by Elliott waves
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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 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 • 754

  • @TheSecretMindset
    @TheSecretMindset  2 месяца назад

    ► Join TSM Academy: thesecretmindset.podia.com/academy
    ► FREE TradingView Pro with BlackBull Markets: go.blackbull.com/visit/?bta=35247&brand=blackbull

  • @cyyylas
    @cyyylas 2 года назад +759

    I know that trading can be hard, but trust me guys everything gets 1000 times easier after finding the right system for you, keep backtesting, keep training and you will make it. Keep in mind that u never know how close u are from your goals before u actually reach it. Good luck and i hope u the best

    • @TheSecretMindset
      @TheSecretMindset  2 года назад +8

      👍

    • @trickywily2823
      @trickywily2823 2 года назад +6

      4h only nothing more ..I earned 4k with 100% leverage lets get it

    • @MTK_88
      @MTK_88 2 года назад +2

      That’s very true 👍🏻

    • @ahmaddekoekkoek6924
      @ahmaddekoekkoek6924 2 года назад +2

      Keep on dreaming!
      Forex small account turns into million is just a fairytale.

    • @cyyylas
      @cyyylas 2 года назад +26

      @@ahmaddekoekkoek6924 for small minded people like you i agree!

  • @danebrammage4330
    @danebrammage4330 2 года назад +80

    hands down the best summary presentation I have ever seen on Elliot Wave, now time to watch it again and practice on charts...

  • @TwainTaylor
    @TwainTaylor Год назад +24

    It's amazing how much useful info you've packed into 16 minutes. this one is to be watched, re-watched, and recorded in a notebook. Best Elliot Wave explainer on the Tube!

  • @infernosfmatt
    @infernosfmatt 2 года назад +26

    I love that you said wave 1 ‘can be 5 waves’ not must be. So many practitioners call a small pullback (obviously a lower degree) as a wave 2 and force the count. What’s important is identifying the structure and trading the next impulse. Thanks for the video. May the pips be with you. 🤟

    • @ariel9302
      @ariel9302 4 месяца назад +1

      Can you share some knowledge sometime?

  • @MaximusMuleti
    @MaximusMuleti 2 года назад +3

    Thankyou for this lesson, I've been seeing people talk about this a lot lately. Very clear and concise!!

  • @knightsportsfc3s
    @knightsportsfc3s 2 года назад +6

    Always ever consistent. Always educating and empowering. Thanks again for another banger video 🚀

  • @penelopejustine5728
    @penelopejustine5728 2 года назад +25

    Being a retiree I can also assert that you're absolutely right. There's no way you can work yourself to wealth, matter of fact some of the hardest jobs also pay the least amount of money which is a strange and profound realization

    • @jmitterii2
      @jmitterii2 2 года назад +1

      Demonstrates the fraud of our economic systems... just as we did with slavery and feudalism and early mercantilism that transitioned to what we have today.
      It will change. Because it will eventually become unacceptable.
      The profound realization will be common knowledge.

  • @glensubtorq
    @glensubtorq 2 года назад +3

    I have seen this pattern and wondered about it. Thank you for clarifying it, now I see them everywhere! Along with Fib retracement this awareness helps me immensely 🙏👍😎

  • @victorgriffiths3500
    @victorgriffiths3500 Год назад

    This was one of the best videos on elliott wave that I have ever seen. Your videos are so simple to understand at the same time having so much information. I never miss your videos as it contains so much valuable information. Keep up the good work in sharing knowledge.

  • @95cent703
    @95cent703 2 года назад +2

    The best EW explanation on youtube. Thank you for all you do.

  • @ps-cg6iz
    @ps-cg6iz Год назад

    jesus christ how have i missed that video... all beginner questions answered and more.
    your content is just gold dude.

  • @WackyJay9
    @WackyJay9 2 года назад +8

    Just incredible, this is what I needed to take me to the next level!

  • @markshaw7004
    @markshaw7004 7 месяцев назад +1

    i've really enjoyed listening to all your videos lately. You have a clear and easy voice to understand. Many thanks for publishing this information.

  • @ictheeussfish7839
    @ictheeussfish7839 2 года назад

    I learn so much from your videos. So appreciative of you content. Thank you many times over!

  • @kaisskhalifa147
    @kaisskhalifa147 Год назад

    this is an amazing explaination ,, thank you very much , you really worked hard to get that information and to explain it in a ease way

  • @abnav
    @abnav 2 года назад

    This is gold...thank you for sharing... would love to have a video to identify impulse wave in a bearish setup...and how it differentiates from an ABC correction

  • @rohitmajumdar1579
    @rohitmajumdar1579 2 года назад +21

    Trading seems easy until proven difficult, as a full time daytrader, everything that was mentioned is spot-on and practical. Even with such great advice, any new traders will inevitably have to face his errors in order to understand fully what it means.

    • @joerobert1801
      @joerobert1801 2 года назад +6

      Even if I had watched this 2 years ago I would still make these mistakes and honestly is not bad when u lose money you really learn as long as you don't use more money than you are comfortable with losing

    • @rahultoggi4672
      @rahultoggi4672 2 года назад +2

      @@joerobert1801 Making profitable trades is extremely difficult, there’s always little profits and more losses with my trades.

  • @mathewmacpherson857
    @mathewmacpherson857 3 месяца назад

    That was a simple and excellent description of Elliot Wave Theory. Thank you very much.

  • @willywilliamson9480
    @willywilliamson9480 2 месяца назад +1

    This is an amazing tutorial, and it truly opened my eyes in many ways. Thank you so much for your generosity and your hard work, and putting this information out in an easy to view and digest manner. Please keep up the great work, and know how much newer guys like me appreciate it!😊🙌🏼👍🏼

  • @datflakovato_scrazya4003
    @datflakovato_scrazya4003 2 года назад

    Best video on Elliotts I've ever come across. 🔥 🔥 🔥 much info and examples and explanations. Much appreciated a 🙏

  • @doxies
    @doxies 2 года назад +4

    Great tutorial - music really helps too. Would really appreciate regular updates on where you think BTC is in the Elliot Wave pattern. Personally, I think it's only just starting Wave 5, but I'm interested to learn more about waves within the wave.

  • @gamikaseneviratne3524
    @gamikaseneviratne3524 Год назад

    Excellent quality as always man! Thank you.

  • @TradersLanding
    @TradersLanding 2 года назад +1

    Wonderful video, once again. Very good Elliot Wave primer. I look forward to your videos every Saturday morning.

    • @TheSecretMindset
      @TheSecretMindset  2 года назад +1

      Thanks a lot! Good luck with your channel!👍

    • @TradersLanding
      @TradersLanding 2 года назад

      @@TheSecretMindset Thanks friend. I have a few videos based on your content, and encourage all of my viewers to check out your great videos. Not that you need my help, buy I do appreciate what you do.

  • @uragonzzaga7580
    @uragonzzaga7580 Год назад

    Thank you so much for this remarkable video, hands down the best summary presentation I ever seen on Elliot Wave

  • @vedananda1
    @vedananda1 2 года назад +3

    You are a wonderful teacher. Thank you, Sir ! #respect.

  • @morselee2773
    @morselee2773 2 года назад +1

    Another amazing video. Keep it up. You are an inspiration to watch!

  • @mariocollado5072
    @mariocollado5072 2 года назад +11

    Once again, thank you so much for this remarkable video. Needless to say, nowadays with almost all stocks prices over the clouds, it's very hard to find a wave pattern to follow. The market seems to me right now like those moments of calm previous to a storm. Correction must be in order.

  • @eqqismar
    @eqqismar 2 года назад +1

    ready to take notes! this is an important one!

  • @rapharapha1397
    @rapharapha1397 2 года назад +1

    Amazing and complete lesson for free!!! The best!

  • @jagadeesanperiyathambineel7550
    @jagadeesanperiyathambineel7550 2 года назад

    Excellent explanation, really appreciate you

  • @ScalingwithAutomations
    @ScalingwithAutomations 2 года назад +1

    this is the most well explained Elliot wave video - very easy to follow, and can apply it to my chart straight away! Thank you so much!!!

  • @panchasanguparakalarajan8948
    @panchasanguparakalarajan8948 2 года назад

    Awesome content and nicely explained. Thank you sir for sharing this with us.

  • @raffaelloschirinzi2072
    @raffaelloschirinzi2072 2 года назад

    Excellent video that explains the Elliot Waves superbly👍 I will watch it several times in order to get it into my head and to be able to identify them better.

  • @beyondthenature
    @beyondthenature Год назад

    This is the most comprehensive video about EW. Thanks a lot TSM

  • @edwintan6753
    @edwintan6753 Год назад

    Thank you for sharing this. I find this extremely useful and cant wait to see more videos like this.

  • @yt_energy
    @yt_energy Год назад

    Best video I have ever seen on EW! Thank you

  • @AleksandarBosnjak
    @AleksandarBosnjak 2 года назад +1

    Great content bratan , thank you for sharing this knowledge with us for free ! God Bless You for that yung man !

  • @xolanizukulu9450
    @xolanizukulu9450 2 года назад

    This is the best simplified Elliot wave video I've seen thus far.....Thank you so much ✔✔👌👌

  • @abhijithole2226
    @abhijithole2226 2 года назад

    Thank you, certainly one of the better videos on Elliott Waves.
    Keep sharing the knowledge.

  • @giantessmaria
    @giantessmaria Год назад

    thank you, wonderful explanation!

  • @sutapa1983
    @sutapa1983 2 года назад

    Simple and compact information, well explained 👍

  • @GTAFX31
    @GTAFX31 Год назад

    sir keep posting more about elliot wave trading sir !wonderfull content :) and clear explanation! thank you so much ,im learning so much from your channel videos .

  • @maryannejohnson614
    @maryannejohnson614 2 года назад +111

    I will forever appreciate this channel, you've helped me and my family a lot, your videos, advice, lessons and funny words are Inspirational and helpful to us. My husband and I have been able to minimal, conscious in spending, saving and investing wisely, I now earn every week. You're such a blessing to this generation, we all love you

    • @Calvin_anderson
      @Calvin_anderson 2 года назад

      You're creating a great reputation for this channel and everyone, I will love to achieve this great goal you're enjoying now

    • @naomieharris3367
      @naomieharris3367 2 года назад

      I will love to be your friend dear as well as sharing some ideas to my husband and about your earning weekly

    • @maryannejohnson614
      @maryannejohnson614 2 года назад +1

      @@naomieharris3367 I can share some that helped me
      .Plan towards it
      .Be minimal in spending
      .Save money wisely towards retirement
      .Save to invest, it's a proven way to get richer

    • @naomieharris3367
      @naomieharris3367 2 года назад

      @@maryannejohnson614 I know you're speaking of investing,how can I start a great and profitable one?

    • @maryannejohnson614
      @maryannejohnson614 2 года назад +1

      @@naomieharris3367 There are lots of investing options (real estate ,stocks, gold silver, cryptocurrency, Airbnb, ETFS)

  • @tsondang1169
    @tsondang1169 2 года назад

    The best of explaining the EWaves theory, thank you

  • @vadym4810
    @vadym4810 2 года назад

    Your last videos with new format are amazing! Super! Thanks very very

  • @sundeepmalwiya8407
    @sundeepmalwiya8407 Год назад

    most confusing topic explained in quick unconfusing way,and best sir you made it crystal clear , now the ball is in our court how much effort we put in and make the best of your hard efforts. THANKS

  • @darlenearandid9652
    @darlenearandid9652 2 года назад

    Very informative, this is what I'm looking for! Thank you so much!!!!!

  • @pkbeats8222
    @pkbeats8222 2 года назад +1

    Best explanation! Definitely more videos like this

  • @terry68jenner
    @terry68jenner 2 года назад +1

    Great video im sure I will watch this a few times to completely understand it

    • @onkesigenu6243
      @onkesigenu6243 2 года назад +1

      Please do, I was fortunate to get trained in this during the lockdown and I’ve seen amazing results since. I would recommend you revisit this video a few times, focusing one detail at a time, because this video covered the entire two month training in 16 minutes!

  • @jerkov420
    @jerkov420 Год назад

    wow concise, great fresh animations, clear set of rules. Thanks!

  • @ashrafadel3476
    @ashrafadel3476 Год назад

    Brilliant as always, thank you!
    I encourage everyone reading this to go through the whole library of videos in this channel, you will appreciate every minute you invest there. Good luck!

  • @georgem.9481
    @georgem.9481 2 года назад +1

    Thank you very much for sharing your trading knowledge.

  • @thinktankindi2664
    @thinktankindi2664 2 года назад +2

    Your channel is a great library for anyone willing to learn. Cerebral...yet simplified for all to digest. Great instruction!

  • @OneConceptTraders
    @OneConceptTraders 4 месяца назад

    excellent way of teaching great job.

  • @shadowxt95able
    @shadowxt95able 2 года назад

    Amazing video brother, great detail and visual to further explain your point. I have been learning Eliot wave for some time now and have often come across how the wave counts in today's markets may vary because how we are trading now (with bots/algos) as opposed to in 1930's. Not sure if you have come across this, and if it has affected Eliot wave theory for you at all.

  • @gholamhosseingorgin4799
    @gholamhosseingorgin4799 Год назад

    Good job as always. Thanks alot

  • @alihaydar3458
    @alihaydar3458 4 месяца назад

    That's great pal. Thank you.

  • @RadekSkylark
    @RadekSkylark 2 года назад +24

    Been following your vids for some time - good work!
    As for Elliott wave principle - just for everyone out there - most common principles laid out in this video are good, although there are many other things to know, especially about complex corrective patterns like double-threes and triple-threes, as well as about expanded flat (where wave B can breach the top of wave 5 and wave C can breach bottom of wave A.
    The main point is to understand, that applying these techniques actually takes a lot of practice, so I urge everyone to do it themselves, taking notice that some of the examples shown in this video are not totally correct (which to some extent is fine, as to do it 99% right is really hard and takes a lot of experience and most of us will have different counts and many of us will have the count incorrect). The best way to practice is by picking up a chart and trying to label it through, for example, take 1h timeframe and 4h timeframe, label out both starting from the shorter one so that it fits the principles as applied to the longer timeframe. If it doesn't, than your count is incorrect. Take notice, that not always 100% correct count is the only way to go - many times just by knowing what type of move should follow is good enough, for example, you may not really care whether it is wave B or 5 up, cause you know that after that you know the move is going to be down (either A or C, which both can be traded).
    One things I do suggest to everyone is to use some kind of oscialltor or some other indicator along with count #, as this can help you better understand which wave is which, you'll start to notice patterns, etc. Good luck!

  • @TimiOnur
    @TimiOnur 2 года назад

    Best Elliott Wave explanation. Thanks a a lot for your efforts.

  • @footballshort849
    @footballshort849 9 месяцев назад

    Thanks for your video. It's useful❤

  • @bikeshshrestha3704
    @bikeshshrestha3704 Год назад

    Absolutely insanely well explained and put out video. so much knowledge with such clear information. Thank you for putting this out and also your other vids. lastly can smone explain how the next move begins or looks like after the 5 wave up and ABC down ends?

  • @andifajar7061
    @andifajar7061 Год назад

    I'm grateful find this video, thanks mate! awesome explanation

  • @santacruzer9009
    @santacruzer9009 Год назад

    Such a good video and channel.
    THANKS

  • @AkieShak
    @AkieShak 2 года назад

    thank you, good explanations, it goes directly to my medulla oblongata :)

  • @sitthapromwasphornsaran5736
    @sitthapromwasphornsaran5736 2 года назад

    Thanks for sharing the knowledge.

  • @saiswaran7749
    @saiswaran7749 2 года назад

    Much needed knowledge.. Thank u Mr...

  • @learnandprofit4706
    @learnandprofit4706 2 года назад

    This was the best explanation I have seen so far. If I could give you 1000 like I WOULD!

  • @mrmime125
    @mrmime125 2 года назад

    Great explanation! Thank you!

  • @manontaras1942
    @manontaras1942 2 года назад +1

    excellent content, even music fit. GREAT JOB. GZ guys

  • @nomanulhaq2876
    @nomanulhaq2876 Год назад

    Nice video with excellent graphics, highly appreciated

  • @IAM_THAT_IAM888
    @IAM_THAT_IAM888 2 года назад

    I love this content I’m learning so much from this

  • @razam2849
    @razam2849 2 года назад +1

    Thank you for free lessons👍

  • @HinguBhargav
    @HinguBhargav Год назад

    Very Informative and back-tested and its working Thanks a ton.

  • @mitulmarar5782
    @mitulmarar5782 2 года назад

    Thank you for making such lovely content on Elliot Waves... ❤️❤️

  • @nilabh81itm
    @nilabh81itm 6 месяцев назад

    Short & impressive.... Thanks 👍

  • @lucimilena1
    @lucimilena1 2 года назад

    what a fantastic explanation, thank you and greetings from Bulgaria

  • @reaganleslie
    @reaganleslie 11 месяцев назад

    Very well done. Best I have seen for Elliot Wave.

  • @aligbajerry5245
    @aligbajerry5245 2 года назад

    Thank You for the video

  • @cartz8547
    @cartz8547 Год назад

    Really appreciate this video! I’ve been trying to understand the Elliot wave theory, this made me realise I need to zoom out 🔥🙌🏽

  • @kapilmmm9202
    @kapilmmm9202 Год назад

    Excellent video sir, looking forward for more

  • @leonciodesouzaluz4785
    @leonciodesouzaluz4785 2 года назад

    Fantastic ! God pay you for sharing your knowledge with others. Much obliged ! God bless you !

  • @AStoryBehind-ms4vp
    @AStoryBehind-ms4vp 2 года назад

    I am thankful to you for the great teaching

  • @purnajitchatterjee9325
    @purnajitchatterjee9325 2 года назад

    this was really good!

  • @adamtoth1956
    @adamtoth1956 10 месяцев назад

    Great video and summary, thanks!

  • @agungfarialhusein5963
    @agungfarialhusein5963 2 года назад +1

    Great lesson as always 😀👍👍

  • @safas.6748
    @safas.6748 2 года назад

    It was a simple and clear introductory lesson for EW. But this is just the beginning ((:
    EW is very difficult and complicated. Keep trying, you will get great results. Thanks.

    • @TheSecretMindset
      @TheSecretMindset  2 года назад

      👍

    • @safas.6748
      @safas.6748 2 года назад

      @@TheSecretMindset hi myfirend!
      there was a post you made using "abc" and "macd" in your videos, now I can't find it! did you remove that video? if it's still there can you share it with me?i need to watch it again
      .thanx bro...

  • @monporoshneog4725
    @monporoshneog4725 2 года назад +1

    AWESOME VIDEO. THANKS BROTHER 👍🔥

  • @takachan5862
    @takachan5862 Год назад

    Truly a master piece video

  • @kemontemcclinton7739
    @kemontemcclinton7739 Год назад

    The best video I have seen for a New Trader

  • @IAM_THAT_IAM888
    @IAM_THAT_IAM888 2 года назад

    This channel is awesome 👏🏾🔥🔥 I just got the book 📖 pretcher’s version reading it and watching these videos is gold thank you for sharing this knowledge.

  • @sotapoptv1649
    @sotapoptv1649 2 года назад +1

    Thank you Teacher🎯

  • @jockhimarogyam2790
    @jockhimarogyam2790 Год назад

    Very good presentation, you made it so simple.

  • @johncyprus2727
    @johncyprus2727 2 года назад +1

    Maybe optimize the Classic Macd strategy as it is easy to understand and the results are already solid, maybe try the 3min chart as it offers more entry points, thanks

  • @casperthefriendlyghost007
    @casperthefriendlyghost007 Год назад

    thank you this another yt gem

  • @JamesFewre1
    @JamesFewre1 Год назад

    Found myself dancing to the music at the end. Good video!

  • @travelertrader691
    @travelertrader691 2 года назад

    is wave 1 the same as wave c in wave 5 or for example if it forms a double bottom is that right leg wave 1 ?

  • @user-ky7bs4yk4o
    @user-ky7bs4yk4o 9 месяцев назад

    Thanks for your explanation. How do I know that Wave 1 starts?

  • @goodmusic2ursoul
    @goodmusic2ursoul Год назад

    Elliot wave explained simply. Thank you for this. Appreciate it

  • @yogeshvesvikar669
    @yogeshvesvikar669 2 года назад

    Thanks for long waited video of this topic, which you explained well lets see if it actually works in stock market

    • @TheSecretMindset
      @TheSecretMindset  2 года назад

      All the best👍

    • @TheStaggerd
      @TheStaggerd 2 года назад +1

      Belive me it works , you will be surprised with its accuracy. Its a miracle tool to forecast markets

    • @onkesigenu6243
      @onkesigenu6243 2 года назад

      Believe me it works….