Do you want to read the price action of the markets like a professional trader? Then download a FREE copy of The Ultimate Guide to Price Action Trading. You’ll learn how to better time your entries, “predict” marketing turning points, identify explosive breakout trades about to happen, and much more… Click the link below and grab your copy, it’s free! www.tradingwithrayner.com/ultimate-guide-price-action-trading/
Hi Rayner. Greetings from Portugal, I m just a beginner in this area, i m learning a lot with your videos. Keep up the good work. I have just one small question: for a beginner wich one of your Guides would you recommend? The Ultimate Guide to Price Action Trading or The Ulimate Trend Following Guide?
I don't know what to say to you,i can say u are the one i understand at of all lectures saw on youtube.so thank u very very much,just keep on doing good
literally just followed your advice with avoiding bad breakouts and not going in after its already started pumping... looking for the mac d line and all that... legit amazing advice your awesome dude
I like your channel a lot more then the other forex instructors because you focus on helping people learn instead of starting your video trying to get us to buy a course. Thank you for your service Rayner.
I just realized that i always tell people that I'm self taught i forget to give necessary cred to Rayner for the videos. Keep up the awesome work Ray 🔥🎄
Right after you posted this, natural gas reversed completely that parabolic rise, your advice of not chasing has been proved right! Please keep using real time charts for your lessons, so we later see for ourselves that your lessons are pure gold!
Imagine just vibing, selling crypto and then your video back from 2018 suddenly gets a huge spike in views for no reason and you then find out that the cause is literally a rhythm game
I am new to everything in Fx trading but immediately I listen to you teach, something tells me if I follow you I will learn the business well. Thanks for inspiring me to start ASAP.
the best teacher on RUclips teaching trading the right way, and easy to understand. your the best master Rayner toe ....i love your teaching more am really happy and grateful now
Great advice man. I’m just embarking on my 2nd incarnation as a trader. Like many I gave it a go years ago and lost everything on my first attempt. All the learning and practising I did couldn’t prepare me for fomo, chasing losses, moving my stops back and closing profits too early. This time round I still recognise the feeling but am so far in control and am in profit a little more each day. I never stopped watching the charts but I now have a degree in physics and a job in BI and understand statistics and now I return to the same market that burned me ten years ago as an old friend. Good luck out there everyone. Keep making videos man! Teaching and learning!
Im new to trading and I just lost 2k on a trade I made. I was pissed off and I decided to jump on youtube to learn more. Your video popped up and this is exactly why I lost my money. Shortly after, I saw some consolidation and then boom, there was an outbreak. Thank you for your content. It is really appreciated. Liked and subscribed!
I asked many People to tell what's price action, since I didn't get an answer, searched for me this and found your channel. Awesome teaching ... God bless you .. soon buying your book
i love the way this guy explains stuff he actually realizes that new people have no idea the lingo yet and takes time to explain everything. i have been utterly lost trying to learn this stuff till i found rayners videos.. thanks rayner
In engineering school, I used to pursue Asian tutors as they have a mathematical insight that I did not. I will continue to watch your videos as I trust your detailed analysis. Thanks Rayner
Hey! Rayner Teo, my brother and friend, I Patrick Arigi, want to say to you that, since I met you on RUclips I have started having hope of succeeding in this business. Because I have blown off my trading accounts three times. Your methodologies, your strategies and techniques are awesome.God bless you for your good heart for teaching people like me on the net. Thanks. Please sir, very soon I will be ordering that book containing one hundred and fifty pages.
The Natural Gas example you showed is a yearly phenomenon. The countries in colder climates need lots of heating for their homes and offices and they need natural gas as a fuel to heat the heaters. So, typically, the NG prices go up from November/December on and then trade in a narrow range from Jan to Feb. Then in early March or at the first sign of summer, the NG prices comes down. Every winter the prices of NG shoots up by 25 to 30%.
Ever since I watched you're videos and following some of you're lessons, tips, and strategies.... I've been having a good amount of winning streaks now. Although most are small profits but they are rather frequent now. Thank you so much sir Rayner and more power! Mabuhay from the Philippines! :D
I suggest everyone to replay replay and replay again along with real trading with real money. The more I replay the more I understand Sir Rayner Teo said. Thousand thanks to Sir Rayner Teo 🙏
Always love your training videos. I have watched many other traders but you are a true genuine and right down to the point guy. Keep up the great work 👍 and thank you.
Rayner so far is the best.other best teachers are also there but Rayner stands no.one.The reason is he freely shares all his trading knowledge which benefits one and all.
I've been trading for several years and watched maybe hundreds of videos about trading here on youtube. Unfortunately, I'd say 95% of such videos are plain crap and waste of time. However, this video makes part of that few educational trading videos that has a lot of value. Great video and of course I subscribed. Thanks for sharing.
Excellent channel. One comment on this vid. It shows clearly when to take a breakout. I was interested in which direction - break up or break down. Its not clear on this. Are you suggesting to go in the direction of the wedge? I normally wait for some actual breakout and fallback to support (not that Im any kind of expert, I'm just trying to understand your method and the optimal choice from an experienced practitioner).
I have been watching every video u upload, but on this one I have learnt something I did not know, n now I'mma put it into practice... Thank you Rayner, you really are a Superman
you are good teacher. I have learned fair amount from your teachings. its hard to find someone, that as soon as you hear them, you know you going to learn something. thank you my friend
@@helenwalker4376 yes it is and I will tell you what I have done over the years;if the trend is up, but we are in a potential range or possibly a double top chart pattern scenario. If the price continues to decline below the prior swing low the trend is likely transitioning to the downside and we don't want to go long. BUT, if the price pauses at or moves only slightly below the prior low, and then rallies sharply back above the prior low, buy quickly! Set a stop loss just below the new low, and monitor conditions for when to exit a profitable trade. If the price is moving sharply higher, see if it breaks out above the prior high. If it pauses near the top of the pattern, exit immediately." But I strongly advise you seek mentorship, it will help you really understand.
Send a mail to wjayadams@gmail.com or on telegram @jayadamsfx and he ll put you through on how to make profits from trading the false breakout. He is the professional here.
Hi Sir Rayner, I've been watching every single video you have, its worth to watch, it helps me a lot to improve my trading journey. Hope will get my 1 million target this year. cheers!!!
Thanks for sharing Rayner, I always enjoy hearing war stories from the past from successful traders. I can definitely relate to learning market lessons the hard way, multiple times :D
I have watched many of your videos , I wish I had had the benefit many years ago when I first started. To new traders … watch and learn. Very good indeed. Thank you, they are good refreshers.
This lesson is very powerful. Been using the ideas after throwing out all indicators and going back to price action basics. Market tends to trade against those who don’t know what is going on or those who don’t see the obvious as professional traders have learned. Thanks for the great lesson and reminder for others that already know. 😂😂😂
I'll tell you how to make money avoiding false breakouts. Look at the whole perspective... Meaning 1. Breakouts, 2. Retracements, 3. Level trading. You shouldn't be just hopping in.
Rayner, thanks so much for the great content you put out!! I grasp the concept of recognizing nice build up/consolidation patterns, but always seem to struggle finding these tickers before the breakout occurs. Do you have any advice for finding these breakouts before they happen?
Wow, I think you are probably the best teacher I have seen on RUclips. Thank you so much for the time and effort you are putting in to help more of us noobs find our way through these markets.
Great video !! I look back at my portfolio now and i realise i entered a lot of my trades at strong power moves & have been getting caught by the reversal ...your videos absolutely priceless cheers !
Absolute legend! Subbed and looking forward to learning more! You're teaching legitimate, comprehensive content here. There is something that just puts me off You-tubers with their soft key lights, questionable attention to the finer details of set design, and jarring cropping! This is just real, human and very easy to watch! - Keep up the amazing work - p.s do you do one on one? Cheers from Scotland :)
it was my first time coming across your video and it has made my trading ideology or say my trading understanding to be much more efficient. i hope to see more of your uploaded videos. the way your explain the terminologies and how you practically shows with examples, i am honored.
I am Big Fan of you Sir, You are providing the great stuffs for Free , I have a Little Doubt. What do you mean by the Word Buyers and Seller Does it Denotes Retail Traders or Lager Banks/ Investors.
hello rayner I am very happy to see you every time because you have awesome knowledge and I am watching your every video. Thanks to you for sharing your knowledge. Can you explain one thing about monthly candle, weekly candle and day candle. how to trade on behalf of these candles pattern. I am waiting your reply.............Thanks bro
checked on BTC/USD a couple years later, performed exactly as you said it would. Thank you for sharing your knowledge!! Best trading youtuber out there
i have spent way too much time watching absolute bullshit on trading from other people...thank you so much for making a simple well described video...excellent job mate
Do you have a video on trading parabolic reversals? or is that not recommended? Thank you. Today I read your story about your walk through the mud and how you survived. Well done.
FOMO's real yo! ha-ha Then as soon as hit the enter for your entry, it starts reversing almost immediately, and you're sitting there wondering how the hell's that possible, it was just going up. lol
Helpful video..thanks. I try to explain to myself what is happening..and this is how i see it: Larger traders are waiting for a buildup until the day traders are all online waiting for some action..like loaded guns..then they strike..they start a breakout from a build up which jumps the price upwards and the day traders see it because the movement is so obvious compared to the buildup, so they also buy to 'catch the wave' like a surfer..this pushes the price much higher to the level that the big traders are satisfied..then they sell out to get their profit causing a sudden downturn..and then everyobdy wants to bail out to get a profit. The large traders probably have an automated setup that allows them to reach a certain level of profit and then get out faster than the manual traders..in the computer operated environment manual traders have little chance to get out soon enough..when time periods are in the milliseconds..This is easier to manipulate on the long side because there is no upper limit..whereas on the short side there is more of a floor..
You missed one important point in your example that I'm sure will confuse a lot of people: Descending triangle is only bearish for Forex trading (55/59 success rate, Bukowski's Pattern Encyclopedia). While on the stock market it is only effective 9/57 times. In stocks, it's usually a bullish pattern, and viceversa for the ascending triangle
Do you want to read the price action of the markets like a professional trader?
Then download a FREE copy of The Ultimate Guide to Price Action Trading.
You’ll learn how to better time your entries, “predict” marketing turning points, identify explosive breakout trades about to happen, and much more…
Click the link below and grab your copy, it’s free!
www.tradingwithrayner.com/ultimate-guide-price-action-trading/
U're a genius my God sent. Thx U
yes, please send to my email at iris.mascoporation@gmail.com .Thanks Rayner!
Hi Raynor, how to connect Facebook with you..please send me link
Hi Rayner. Greetings from Portugal,
I m just a beginner in this area, i m learning a lot with your videos. Keep up the good work.
I have just one small question: for a beginner wich one of your Guides would you recommend? The Ultimate Guide to Price Action Trading or The Ulimate Trend Following Guide?
@@missfreelancer777 hi
Man I appreciate you for always giving real no BS information. So refreshing to see someone wanting to educate without strings attached
I don't know what to say to you,i can say u are the one i understand at of all lectures saw on youtube.so thank u very very much,just keep on doing good
this guy is one if not the best (well, actually the best I've found so far) in explaining technical analysis!!!! i love u rayner!!
literally just followed your advice with avoiding bad breakouts and not going in after its already started pumping... looking for the mac d line and all that... legit amazing advice your awesome dude
You pour out candour bro.Frankly havnt seen anyone so selfless till date. salute to you!
Thank you, ankit singh. I appreciate it!
Fastest 5 seconds count I have seen in 2 seconds. My perspective of Space and Time has now changed. Thanks.
I like your channel a lot more then the other forex instructors because you focus on helping people learn instead of starting your video trying to get us to buy a course. Thank you for your service Rayner.
I am going to listen to all of rayner videos while valeting cars at work during the day
I just realized that i always tell people that I'm self taught i forget to give necessary cred to Rayner for the videos. Keep up the awesome work Ray 🔥🎄
You're welcome, Kgothatso Matlwa!
THIS!!
Are u profitable ?
@@tradingwithrayner do u know how to funk at a friday night
@@tradingwithrayner yo.
Right after you posted this, natural gas reversed completely that parabolic rise, your advice of not chasing has been proved right! Please keep using real time charts for your lessons, so we later see for ourselves that your lessons are pure gold!
Imagine just vibing, selling crypto and then your video back from 2018 suddenly gets a huge spike in views for no reason and you then find out that the cause is literally a rhythm game
I am new to everything in Fx trading but immediately I listen to you teach, something tells me if I follow you I will learn the business well. Thanks for inspiring me to start ASAP.
One can only get this type of quality knowledge only on this channel. Thanks for taking this initiative
Thank you, You Should know. I appreciate it!
the best teacher on RUclips teaching trading the right way, and easy to understand.
your the best master Rayner toe ....i love your teaching more
am really happy and grateful now
Great advice man. I’m just embarking on my 2nd incarnation as a trader. Like many I gave it a go years ago and lost everything on my first attempt. All the learning and practising I did couldn’t prepare me for fomo, chasing losses, moving my stops back and closing profits too early. This time round I still recognise the feeling but am so far in control and am in profit a little more each day. I never stopped watching the charts but I now have a degree in physics and a job in BI and understand statistics and now I return to the same market that burned me ten years ago as an old friend. Good luck out there everyone. Keep making videos man! Teaching and learning!
How's it been working out? I'm a stat/BI person as well and just getting started. Any tips?
@@ScottEdwards2000 u started ?
@@alwayslolling8821 yes a bit
@@ScottEdwards2000 he lost it all again lol!
A real proper content without marketing bullshit! Thanks you for sharing your knowledge for free man, we appreciate it!
Im new to trading and I just lost 2k on a trade I made. I was pissed off and I decided to jump on youtube to learn more. Your video popped up and this is exactly why I lost my money. Shortly after, I saw some consolidation and then boom, there was an outbreak. Thank you for your content. It is really appreciated. Liked and subscribed!
Jjjjjjj mini
This is the best breakout trading advise and use of MACD ever!
I asked many People to tell what's price action, since I didn't get an answer, searched for me this and found your channel. Awesome teaching ... God bless you .. soon buying your book
i love the way this guy explains stuff he actually realizes that new people have no idea the lingo yet and takes time to explain everything. i have been utterly lost trying to learn this stuff till i found rayners videos.. thanks rayner
In engineering school, I used to pursue Asian tutors as they have a mathematical insight that I did not. I will continue to watch your videos as I trust your detailed analysis. Thanks Rayner
Great video for newbies, sound advice; and what a nice guy who even makes you giggle at times. Many thanks!
Hey! Rayner Teo, my brother and friend, I Patrick Arigi, want to say to you that, since I met you on RUclips I have started having hope of succeeding in this business. Because I have blown off my trading accounts three times. Your methodologies, your strategies and techniques are awesome.God bless you for your good heart for teaching people like me on the net. Thanks. Please sir, very soon I will be ordering that book containing one hundred and fifty pages.
Amazing content man keep up the great work!!
The Natural Gas example you showed is a yearly phenomenon. The countries in colder climates need lots of heating for their homes and offices and they need natural gas as a fuel to heat the heaters. So, typically, the NG prices go up from November/December on and then trade in a narrow range from Jan to Feb. Then in early March or at the first sign of summer, the NG prices comes down. Every winter the prices of NG shoots up by 25 to 30%.
Ever since I watched you're videos and following some of you're lessons, tips, and strategies.... I've been having a good amount of winning streaks now. Although most are small profits but they are rather frequent now. Thank you so much sir Rayner and more power! Mabuhay from the Philippines! :D
Awesome to hear that, joezel faustino!
Profit is profit!
Sino broker mo?
bro anu fb mo hehe
Which broker are you using (I thought it was illegal in the Philippines)
Man I'm so excited to have found your channel--I've watched youtube trading vids for a year straight and you're the best I've found yet easy
You hit the arrow did you
I suggest everyone to replay replay and replay again along with real trading with real money. The more I replay the more I understand Sir Rayner Teo said.
Thousand thanks to Sir Rayner Teo 🙏
This Guy is a true teacher and so obvious when he explains, TOP!!!
Always love your training videos. I have watched many other traders but you are a true genuine and right down to the point guy. Keep up the great work 👍 and thank you.
hello
Rayner so far is the best.other best teachers are also there but Rayner stands no.one.The reason is he freely shares all his trading knowledge which benefits one and all.
This is actual advice btw! Richard is not all bad :)
another *I N F O M A T I O N A R R O W* ye
omg cerberr from fn1! 1!1!1!1!1!1!1!
me explaining to my parents why I have this video in my history
Omg !!111!111!!!!1!!!1!!
This guy is 100 percent right. It took me about a year to learn this. Listen to him and avoid loses.
Are u profitable bro now
Rayner you are the best educator on netflix, of any topic. Keep up the great work my friend.
this guy's videos are gold standard!!!!! Where were you all these years!
hihi
I've been trading for several years and watched maybe hundreds of videos about trading here on youtube. Unfortunately, I'd say 95% of such videos are plain crap and waste of time. However, this video makes part of that few educational trading videos that has a lot of value. Great video and of course I subscribed. Thanks for sharing.
Rayner I am an old man but new to trading and your videos are helping me big time, thank you
cool stuff man, but can you teach me how to not press the investment arrows
The shiny one or the I app note?
@@arafat-Indrawan both
@@waz2046 lmao
Lol
Lol
The way you teach just works for my brain! Thanks Rayner, thankful for your channel!
3rd point: Trade the breakout when the volatility is low, which can be identified using MACD/ATR
Why do you say so
Excellent channel. One comment on this vid. It shows clearly when to take a breakout. I was interested in which direction - break up or break down. Its not clear on this. Are you suggesting to go in the direction of the wedge? I normally wait for some actual breakout and fallback to support (not that Im any kind of expert, I'm just trying to understand your method and the optimal choice from an experienced practitioner).
I watched first time your video and i found its just amazingly helpful ! Thanks a million Rayaner for sharing such priceless info !
Me getting better, one Rayner video at a time. Thanks.
That was one of the best youtube videos I have ever watched. You are an awesome teacher and, of course, I have subscribed. Thank you so much.
You're welcome, Mark Turvey!
this guy is actually revealing professorial way of trading....i used it and make profit yesterday... a big thanks from india brother
Thank you, Roshani. I appreciate it!
I have been watching every video u upload, but on this one I have learnt something I did not know, n now I'mma put it into practice... Thank you Rayner, you really are a Superman
you are good teacher. I have learned fair amount from your teachings. its hard to find someone, that as soon as you hear them, you know you going to learn something. thank you my friend
If false breakouts are frustrating you constantly, the market is telling you something. Trade the false breakout instead of trading the breakout.
Lol, trade the false breakout, is that even possible?
@@helenwalker4376 yes it is and I will tell you what I have done over the years;if the trend is up, but we are in a potential range or possibly a double top chart pattern scenario. If the price continues to decline below the prior swing low the trend is likely transitioning to the downside and we don't want to go long. BUT, if the price pauses at or moves only slightly below the prior low, and then rallies sharply back above the prior low, buy quickly!
Set a stop loss just below the new low, and monitor conditions for when to exit a profitable trade. If the price is moving sharply higher, see if it breaks out above the prior high. If it pauses near the top of the pattern, exit immediately." But I strongly advise you seek mentorship, it will help you really understand.
I ll like to learn how to trade the false break out, Mike
I'm interested In learning that too, how can I get started
Send a mail to wjayadams@gmail.com or on telegram @jayadamsfx and he ll put you through on how to make profits from trading the false breakout. He is the professional here.
Your videos are oxygen for new traders
this guy is a bro, quite humble and specific about things too, well done very informative video
I only watch you and another mentor on RUclips! You guys are changing my life daily.
Rayner Teo and Adam Khoo are the best forex-markets teachers in the world. ❤❤❤❤❤❤❤❤❤❤❤
I concur. Rayner is the best teacher out there. His Blog is great too.
Rayner, you are by far the best teacher I came across on YT. Thanks for all your hard work
This video has deadass helped me become a better trader
I've been waiting for this quality information for a long time. Thanks !
Quite informative and implementable!
Can you analysis daily commodity market please
Absolutely one of the three best You Tube trading channels
Hi Sir Rayner, I've been watching every single video you have, its worth to watch, it helps me a lot to improve my trading journey. Hope will get my 1 million target this year. cheers!!!
Cheers Ryan Cunanan!
One thing I love about this homie besides his teaching is the way he talks😂.
Thanks for sharing Rayner, I always enjoy hearing war stories from the past from successful traders. I can definitely relate to learning market lessons the hard way, multiple times :D
I have watched many of your videos , I wish I had had the benefit many years ago when I first started. To new traders … watch and learn. Very good indeed. Thank you, they are good refreshers.
"like dead patient deeeeeeeeeeeeeennnnnnn" perfectly explained
This lesson is very powerful. Been using the ideas after throwing out all indicators and going back to price action basics. Market tends to trade against those who don’t know what is going on or those who don’t see the obvious as professional traders have learned. Thanks for the great lesson and reminder for others that already know. 😂😂😂
Ohhh my gosh, suffering a loss sucks, Im just learning, but getting better by the day, thank you for all the education :) your awsum...
I'll tell you how to make money avoiding false breakouts. Look at the whole perspective... Meaning 1. Breakouts, 2. Retracements, 3. Level trading. You shouldn't be just hopping in.
thank you sir Rayner, we really appreciate your tutorial. God bless you always
Needless to say, its fantastic!
hii anna meeru forex trading chesthunnaara ?
I really appreciate your lectures as a beginner I really understand
Rayner, thanks so much for the great content you put out!! I grasp the concept of recognizing nice build up/consolidation patterns, but always seem to struggle finding these tickers before the breakout occurs. Do you have any advice for finding these breakouts before they happen?
This is my problem too and I am constantly a day late on a play. Have you figured out how to identify these plays before they happen?
Wow, I think you are probably the best teacher I have seen on RUclips. Thank you so much for the time and effort you are putting in to help more of us noobs find our way through these markets.
I should have seen this video 22,649 hours ago. Thanks man
never too late!
Great video !! I look back at my portfolio now and i realise i entered a lot of my trades at strong power moves & have been getting caught by the reversal ...your videos absolutely priceless cheers !
Absolute legend! Subbed and looking forward to learning more! You're teaching legitimate, comprehensive content here. There is something that just puts me off You-tubers with their soft key lights, questionable attention to the finer details of set design, and jarring cropping! This is just real, human and very easy to watch! - Keep up the amazing work - p.s do you do one on one? Cheers from Scotland :)
it was my first time coming across your video and it has made my trading ideology or say my trading understanding to be much more efficient. i hope to see more of your uploaded videos. the way your explain the terminologies and how you practically shows with examples, i am honored.
The move is already over!!! U missed it, stay out!!!
-someone who’s not trying to sell you something
I got lucky when jumping on top gainers and then it didnt work and I lost all my profit haha
I am Big Fan of you Sir, You are providing the great stuffs for Free , I have a Little Doubt. What do you mean by the Word Buyers and Seller Does it Denotes Retail Traders or Lager Banks/ Investors.
hello rayner I am very happy to see you every time because you have awesome knowledge and I am watching your every video. Thanks to you for sharing your knowledge. Can you explain one thing about monthly candle, weekly candle and day candle. how to trade on behalf of these candles pattern. I am waiting your reply.............Thanks bro
Interesting suggestions! Just hoping Rayner will make a video for that.
rayner teo is simply great we loves u. pls some focus in upcoming videos on multi time frame analysis to find strong trend to enter in day trade
Rayner , I am just a beginer - your videos are awesome ! Thanks a ton
Gotta luv “secrets” posted on RUclips lol 😂
Amazing content!!
Thank you SIr!
brooooooooooooooooooooooooooooooooooooooooo i hit the note
Same in here
checked on BTC/USD a couple years later, performed exactly as you said it would. Thank you for sharing your knowledge!! Best trading youtuber out there
i accidentally hit the gray note
i have spent way too much time watching absolute bullshit on trading from other people...thank you so much for making a simple well described video...excellent job mate
Ok so you're telling me, you lost to a friday night funkin mod of crypto and I'm supposed to give a fuck?
i am from Hawaii, now live in Philippines....I LOVE YOUR ENGLISH>..it is fun, and so are YOU.
Thank you, MrMahuike. I appreciate it!
Can we get a moment of silence for the people that came here cuz of the FNF mod?
Yooooo the Garcello vs Ron's mod creator!!
Your mod is super fun to play :DD
Do you have a video on trading parabolic reversals? or is that not recommended? Thank you. Today I read your story about your walk through the mud and how you survived. Well done.
I want to put this short “I really love your videos”.
You taught me to correct my mistakes.
I often made losses due to chasing parabolic moves.
Thankyou.
Hahahhaa this is totally my mistake, trade when the candle is BIG! 😂😂😂
Mine too...my fear of missing out is ridiculous!
FOMO's real yo! ha-ha
Then as soon as hit the enter for your entry, it starts reversing almost immediately, and you're sitting there wondering how the hell's that possible, it was just going up. lol
Helpful video..thanks. I try to explain to myself what is happening..and this is how i see it: Larger traders are waiting for a buildup until the day traders are all online waiting for some action..like loaded guns..then they strike..they start a breakout from a build up which jumps the price upwards and the day traders see it because the movement is so obvious compared to the buildup, so they also buy to 'catch the wave' like a surfer..this pushes the price much higher to the level that the big traders are satisfied..then they sell out to get their profit causing a sudden downturn..and then everyobdy wants to bail out to get a profit. The large traders probably have an automated setup that allows them to reach a certain level of profit and then get out faster than the manual traders..in the computer operated environment manual traders have little chance to get out soon enough..when time periods are in the milliseconds..This is easier to manipulate on the long side because there is no upper limit..whereas on the short side there is more of a floor..
how tf did i get here when all i did was play a random boop beep bap rap game?
You missed one important point in your example that I'm sure will confuse a lot of people:
Descending triangle is only bearish for Forex trading (55/59 success rate, Bukowski's Pattern Encyclopedia). While on the stock market it is only effective 9/57 times. In stocks, it's usually a bullish pattern, and viceversa for the ascending triangle
How could that be Bullish?
You are turning out to be my mentor already. Thanks a lot
FNF?
You have a Natural Gift upon your good alignment: You feel the deep joy of sharing! Thank you very much! Great lessons, awesome teacher!!
thanks for all the tips and doing these videos! lol this one made me laugh so much, you're a funny dude~
Nothing fancy,pure learning 💯