EXTREMELY IMPORTANT PSA: There are a number of accounts using our name and profile picture to pretend to be me and steal money from viewers. 1 - I do not have a Telegram, Whatsapp, or Discord account. 2 - I will NEVER ask you for money. 3 - I will NEVER ask for money/cryptocurrency and say I will trade for you. 4 - I will NEVER ask you for a payment in any cryptocurrency. 5 - DO NOT COMMUNICATE WITH THESE ACCOUNTS. They are pretending to be me and trying to steal your money. I currently have two full-time employees that delete these comments daily. But, some still get through. So, please be extremely careful and never give someone cryptocurrency or money that is pretending to be me. AGAIN, I DO NOT HAVE A TELEGRAM, WHATSAPP, OR DISCORD ACCOUNT, I WILL NEVER ASK YOU FOR MONEY OR TRADE FOR YOU, I WILL NEVER ASK YOU FOR A PAYMENT IN CRYPTO. DO NOT COMMUNICATE WITH THESE ACCOUNTS. Also, there are a number of fake IG accounts doing the same exact thing. The ONLY Instagram accounts we run are @stevenkiethhart and @thetradingchannel anything else is not me/us. Other than that, I hope you enjoy the video! If you want to learn from us and would like to learn more advanced material then join our VIP training course/program. Go to www.eaptrainingprogram.com PROGRAM INCLUDES: Full training course (beginner to advanced) Technical analysis training Full rules-based Strategies Risk management training Strategy optimization training Backtesting training Weekly analysis video (each Monday) 3 to 5 email alerts each week Pro Trader Report (email of analysis) Priority email mentorship (Me personally answering your questions) Review videos FREE Spreadsheet for backtesting Advanced AP1 pattern training Advanced Double bottom/top training And much much more... For any questions about the course email - support@thetradingchannel.net PROGRAM ACCESS - www.eaptrainingprogram.com Talk soon, Your honest trading coach, Steven
Your feedback is enlightening and your teachings are blessings. I am learning so much from you. I truly appreciate it and I plan to join your services soon
Nice total recap on the technical analysis steven , and all you have mentioned at the end of the video is all correct and i wish everyone do your words and not jumping into the live account as quickly as possible, because this is a long process of backtesting,plan development and psychology, for me i have stayed almost 1 year on demo and still developing until now ,, anyway good content keep them flow !
+wissam physics Thanks man! I agree with you that there are way to many people that just jump straight into real money accounts with no plan and do badly, I was one of them a long time ago lol. I am trying to keep other traders from making those same mistakes but some of them will have to live and learn.. i did. Thanks for staying until the end of the video and listening to my rant lol
+The Trading Channel yes i know because i have been there and i did every stupid mistake back then but the big important is to learn from your mistakes, by the way i want to contact you i have some sort of things i want to discuss with you since your trading style similar to mine , if you was interesting? :)
U r a book for mid level traders bro. They you explain things and price action is really awesome. I have learnt much more from you. Do this good job always my friend. I have a doubt which advanced pattern works best. I will start learning patterns from that one.
Hey man. Great video again. Just wondering if u have any idea what ur strikerate with advanced patterns is? U said that u only take the advanced patterns that are in the same way as the trend aswell correct?
Hey Robin, I only take advanced patterns when the market that i am trading is either in consolidation or the pattern follows the underlying trend, so the only time i do not take patterns is if we have a bullish market with a bearish advanced pattern. Thanks for the comment!
So when you say 'underlying trend' would that be determined by the time frame the pattern is on, say the 60, or the bigger picture, say the daily? Cheers Steven
+djalex3345 Hi Alex, i like to use a fixed lot size. Makes the money management side of trading a bit easier. I traded using a fixed risk amount before to though and that worked very well, So really its just the users preference when it comes to that. Thanks for the comment!
+Panchu Smith Hey panchu, Thanks for the kind words and for commenting! If you ever have any questions or dont understand something about my videos or strategies then don't hesitate to ask.
Hi, would you recommend joining the Syndicate? I believe they teach only valuable information, but for me as a student the fee is pretty high and I want to make sure that i do not get scammed. You know, forex is not just a field for making profit of trading but also of scamming.
+Jožko Mrkvička Hey, it depends on what you are looking for. It is not a scam though, if you are a newer trader then i think it could really help you from an emotional stand point. They show you what it is like to be in a drawdown and how to deal with the emotions of it all really well. They also do a good job of showing you how to come into the market with a plan and trade it every day, so if that is something that you think you could benefit from then go for it. Thanks for the comment! Hope this helps!
Hi Steven. I have been following your videos for a while now and seing that cypher pattern hurts you. Majority of your loses comes from cyphers. There is a guy in youtube claims that he tested over 800 cyphers and found 43% win percentage, I tested about a hundred trades and barely made 50% wins. How wide was your backtesting for cypher ? I am not comfortable while placing cypher based trades because in my live account cyphers win only %51 too.
+Serdar Gürlek Hi serdar, I completely understand your concern. Unfortunately that is the bad thing about advanced patterns, Then can be very subjective. What i mean by that is if you find a cypher pattern on a chart and you see it as a cypher, but you ask 10 other traders if it is a cypher pattern you may get a few that claim that it is not a cypher because of multiple reasons, including- not an impulse leg to them- pulling from the wrong swing low- pulling extensions from different structure levels. So what this means is that since you see the market in your on way, you may not cyphers the same way other people do. I tested the cypher on 9 pairs, on the 15 min, 1hr, and 4hr time frames. I tested 200 trades per pair, per time frame so around 5000 patterns in all lol and over all those some pairs did not perform as well as others and that is why we test 100 or more on each pair. On the pairs that i kept in my portfollio and the way i see the market, the cypher still performs very well. Thanks for the comment and i hope this helps.
Hi, You can email Steven directly at steven@thetradingchannel.net and he can go over any questions you have about joining the EAP course. best regards, TTC Support Team
Hi Steven, I first wanted to commend you on a well put together video. you seem to be a very good trader from listening to you. I am a student of Market Traders Institute and although I also watch videos on youtube to educate myself on what others are doing I had never been in profit until I took the MTI course. I have to admit the part I do not like about them is their constant sales and upgrade techniques. There main course is very thorough and there charting is fantastic. I would recommend there course to anyone that has not been either profitable or feel that they need proper training. I wish you as well as all other traders safe and profitable trading. Again great video, i will look forward to others from you.
+John Peck Thanks John! I will keep that in mind. I get asked alot about courses that i recommend. Now that i know they have a thorough course, i may be able to recommend them. Thanks for the comment and good luck on your trades aswell my friend!
Steven, I just wanted to point out to you that if any of your viewers are interested in an education with MTI I can get them a discounted price. The course is not a cheap one but you get quite a lot of extras that come with the course. They have a fantastic charting package that they normally give a short trial period but I can work with them to get an extended offer as well as a lower price up front. As long as you are a student and maintain there charting package they have 5 day a week 24hr Analyst on Demand of professional traders doing webinars to help traders as well as pin pointing trade setups and opportunities. They truly go a long way to ensure that a new trader learn what it takes to be a professional themselves. I do not want to just put my email on you tube but I will give it to you to share with others if you have request for this. Not to take anything that you are planning to do in the future.
EXTREMELY IMPORTANT PSA: There are a number of accounts using our name and profile picture to pretend to be me and steal money from viewers. 1 - I do not have a Telegram, Whatsapp, or Discord account. 2 - I will NEVER ask you for money. 3 - I will NEVER ask for money/cryptocurrency and say I will trade for you. 4 - I will NEVER ask you for a payment in any cryptocurrency. 5 - DO NOT COMMUNICATE WITH THESE ACCOUNTS. They are pretending to be me and trying to steal your money. I currently have two full-time employees that delete these comments daily. But, some still get through. So, please be extremely careful and never give someone cryptocurrency or money that is pretending to be me. AGAIN, I DO NOT HAVE A TELEGRAM, WHATSAPP, OR DISCORD ACCOUNT, I WILL NEVER ASK YOU FOR MONEY OR TRADE FOR YOU, I WILL NEVER ASK YOU FOR A PAYMENT IN CRYPTO. DO NOT COMMUNICATE WITH THESE ACCOUNTS.
Also, there are a number of fake IG accounts doing the same exact thing. The ONLY Instagram accounts we run are @stevenkiethhart and @thetradingchannel anything else is not me/us.
Other than that, I hope you enjoy the video! If you want to learn from us and would like to learn more advanced material then join our VIP training course/program. Go to www.eaptrainingprogram.com
PROGRAM INCLUDES:
Full training course (beginner to advanced)
Technical analysis training
Full rules-based Strategies
Risk management training
Strategy optimization training
Backtesting training
Weekly analysis video (each Monday)
3 to 5 email alerts each week
Pro Trader Report (email of analysis)
Priority email mentorship (Me personally answering your questions)
Review videos
FREE Spreadsheet for backtesting
Advanced AP1 pattern training
Advanced Double bottom/top training
And much much more...
For any questions about the course email - support@thetradingchannel.net
PROGRAM ACCESS - www.eaptrainingprogram.com
Talk soon,
Your honest trading coach,
Steven
WOW BLOWN AWAY BY YOUR EXPLANATIONS! HANDS DOWN THE BEST I'VE SEEN
who is here 2024😇❤❤❤❤
you are my favorite trader/tutor so far.. Concrete and clear. thanks!
+Enric Zheng Thanks Enric!
Your feedback is enlightening and your teachings are blessings. I am learning so much from you. I truly appreciate it and I plan to join your services soon
One of your best videos I've watched!
Thanks for the great Comment!
Nice total recap on the technical analysis steven , and all you have mentioned at the end of the video is all correct and i wish everyone do your words and not jumping into the live account as quickly as possible, because this is a long process of backtesting,plan development and psychology, for me i have stayed almost 1 year on demo and still developing until now ,, anyway good content keep them flow !
+wissam physics Thanks man! I agree with you that there are way to many people that just jump straight into real money accounts with no plan and do badly, I was one of them a long time ago lol. I am trying to keep other traders from making those same mistakes but some of them will have to live and learn.. i did. Thanks for staying until the end of the video and listening to my rant lol
+The Trading Channel yes i know because i have been there and i did every stupid mistake back then but the big important is to learn from your mistakes, by the way i want to contact you i have some sort of things i want to discuss with you since your trading style similar to mine , if you was interesting? :)
+wissam physics Sure! What is your email?
+The Trading Channel wissam.physics@gmail.com ,, that cool see you soon then ..
This is crazy it make soo much sense now thank you for such. Great video please keep them coming ;)
hi Steven l like to see more on the bat and sypher pattern and how to trade with it
U r a book for mid level traders bro. They you explain things and price action is really awesome. I have learnt much more from you. Do this good job always my friend.
I have a doubt which advanced pattern works best. I will start learning patterns from that one.
Very informative. Have a few of the same trades you were planning for with similar stop losses and entries haha. Keep up the good work.
+David Price Awesome! Thanks for the comment and best of luck on all your trading!
steve great content. can you please do a video on brokers? which brokers would you suggest for a beginner?
Bro is this ur chart from trading view?
Really great teacher
Thanks for the great Comment!
It is good video and it is not too long
Hey man. Great video again. Just wondering if u have any idea what ur strikerate with advanced patterns is? U said that u only take the advanced patterns that are in the same way as the trend aswell correct?
Hey Robin, I only take advanced patterns when the market that i am trading is either in consolidation or the pattern follows the underlying trend, so the only time i do not take patterns is if we have a bullish market with a bearish advanced pattern. Thanks for the comment!
So when you say 'underlying trend' would that be determined by the time frame the pattern is on, say the 60, or the bigger picture, say the daily? Cheers Steven
I think this is forex lessons is that right
Do you use a fixed risk amount or a fixed lot size?
+djalex3345 Hi Alex, i like to use a fixed lot size. Makes the money management side of trading a bit easier. I traded using a fixed risk amount before to though and that worked very well, So really its just the users preference when it comes to that. Thanks for the comment!
you are the best of all..i follow all your videos. it was so easy to understand from your video then anybody else's.. thanks once again..
+Panchu Smith Hey panchu, Thanks for the kind words and for commenting! If you ever have any questions or dont understand something about my videos or strategies then don't hesitate to ask.
🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
Hi, would you recommend joining the Syndicate? I believe they teach only valuable information, but for me as a student the fee is pretty high and I want to make sure that i do not get scammed. You know, forex is not just a field for making profit of trading but also of scamming.
+Jožko Mrkvička Hey, it depends on what you are looking for. It is not a scam though, if you are a newer trader then i think it could really help you from an emotional stand point. They show you what it is like to be in a drawdown and how to deal with the emotions of it all really well. They also do a good job of showing you how to come into the market with a plan and trade it every day, so if that is something that you think you could benefit from then go for it. Thanks for the comment! Hope this helps!
Thanks for the video Steven. I'm looking forward to your course. I think you would be a good coach and mentor.
+Ct2911 Thanks! It should be done within the next month or so. Cant wait to see you there! Thanks for commenting!
Hi Steven. I have been following your videos for a while now and seing that cypher pattern hurts you. Majority of your loses comes from cyphers. There is a guy in youtube claims that he tested over 800 cyphers and found 43% win percentage, I tested about a hundred trades and barely made 50% wins. How wide was your backtesting for cypher ? I am not comfortable while placing cypher based trades because in my live account cyphers win only %51 too.
+Serdar Gürlek Hi serdar, I completely understand your concern. Unfortunately that is the bad thing about advanced patterns, Then can be very subjective. What i mean by that is if you find a cypher pattern on a chart and you see it as a cypher, but you ask 10 other traders if it is a cypher pattern you may get a few that claim that it is not a cypher because of multiple reasons, including- not an impulse leg to them- pulling from the wrong swing low- pulling extensions from different structure levels. So what this means is that since you see the market in your on way, you may not cyphers the same way other people do. I tested the cypher on 9 pairs, on the 15 min, 1hr, and 4hr time frames. I tested 200 trades per pair, per time frame so around 5000 patterns in all lol and over all those some pairs did not perform as well as others and that is why we test 100 or more on each pair. On the pairs that i kept in my portfollio and the way i see the market, the cypher still performs very well. Thanks for the comment and i hope this helps.
Good one
Thanks for a really informative video. I like your style and the feel of your videos. I may just take you up on your offer to sign up. Hmmm..
We would be happy to have you aboard! Thanks for the Comment!
Great vid
If I'm join, i can see you live every weekday?
Hi,
You can email Steven directly at steven@thetradingchannel.net and he can go over any questions you have about joining the EAP course.
best regards,
TTC Support Team
Hi
Hi Steven, I first wanted to commend you on a well put together video. you seem to be a very good trader from listening to you. I am a student of Market Traders Institute and although I also watch videos on youtube to educate myself on what others are doing I had never been in profit until I took the MTI course. I have to admit the part I do not like about them is their constant sales and upgrade techniques. There main course is very thorough and there charting is fantastic. I would recommend there course to anyone that has not been either profitable or feel that they need proper training. I wish you as well as all other traders safe and profitable trading. Again great video, i will look forward to others from you.
+John Peck Thanks John! I will keep that in mind. I get asked alot about courses that i recommend. Now that i know they have a thorough course, i may be able to recommend them. Thanks for the comment and good luck on your trades aswell my friend!
Steven, I just wanted to point out to you that if any of your viewers are interested in an education with MTI I can get them a discounted price. The course is not a cheap one but you get quite a lot of extras that come with the course. They have a fantastic charting package that they normally give a short trial period but I can work with them to get an extended offer as well as a lower price up front. As long as you are a student and maintain there charting package they have 5 day a week 24hr Analyst on Demand of professional traders doing webinars to help traders as well as pin pointing trade setups and opportunities. They truly go a long way to ensure that a new trader learn what it takes to be a professional themselves. I do not want to just put my email on you tube but I will give it to you to share with others if you have request for this. Not to take anything that you are planning to do in the future.
Youre a fucking boss .
👍# mallu