Scalping Was Hard, until I Found This Secret
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DISCLAIMER: This video is for entertainment purposes only. Trade based on what you know and understand not what someone else says.
#DayTrading #scalping #scalpingstrategy
Пікірлер: 275
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@Sammie1691
Жыл бұрын
Thanks for the heads up bro! Never thought I'd understand that pretty easily enough. Now what's left is trade with your trick on Cex with high liquidity, coz I do wanna make profits from this lesson and about that, MEXC has got my back.
I tried trading myself and lost over 500 in a night, this prompted me to get an expert sir Arlo Eric to handle it for a commission charge and I have been performing excellently well with good profits ratio weekly, quite an experience for me
@Arief351
Жыл бұрын
trading hasn't been a good ride for me though I am trying to be better plus combining it with work doesn't give me enough time, Can I have your trader’s contact to help me
@olivia4182
Жыл бұрын
I want to start trading also but very naive on the topic
@riviera9383
Жыл бұрын
Arloeric1 @
@riviera9383
Жыл бұрын
You can use his Gmal above to get in touch
@Arief351
Жыл бұрын
Okay Thanks much I have mailed him
What you're pointing out in the first example, after the consolidation and the larger bearish candle, is a classic liquidity grab to move higher. Hitting stops and grabbing that liquidity to attempt to push above the prior high. In the second example, with the wick making a new high, another saying to go with this is "wicks get run." So when you see wicks like that forming there is a higher probability that eventually the price runs through those wicks after (going back to example 1) grabbing enough liquidity to run through them. That applies in either direction. Have a stop loss plan in place (and stick to it!) for when the thesis breaks. on NQ maybe 5-6pts above/below the candle you're basing your following thesis on.
Bro you might actually be that guy who teaches this really complex stuff without making it seem so complex and without even trying
@RileyColeman
Жыл бұрын
🤣
@InflowInflowTopic
Жыл бұрын
facts
@sheikasweem6418
Жыл бұрын
It’s true
@Kingdomize
11 ай бұрын
I was thinking the same thing
@Reeklifestyle
10 ай бұрын
Facts yo
A basic description of finding general supply and demand zones while evaluating trend lines. You make it easier to understand, thank you! I love the risk management with the tight stops.
So far out of all the people I've listen to I like everything this guy has to say, and I'm listening to Five his videos right right now everything he's teaching is helping
That ES vs NASDAQ futures dynamic is pure gold.
Great channel to learn technical analysis, crystal clear explanation, no fluff like the other channels.
Great video! I've learned a lot from your videos and will plan to apply this knowledge soon.
Nice video especially about moving your trailing stops and locking in your profits in case of a trend reversal. Salute!
Good stuff once again, Riley!
Excellent simple video, doesn't make me tired after watxhing like the others
I've been actively trading since June of last year 22, watched tons of videos on how to trade and this is the easiest way to scalping. No need other indicators but trend line + moving your SL closer to price auction once you in prophet.
@jakeherring3260
Жыл бұрын
prophet
@SURO90
Жыл бұрын
@@jakeherring3260 pig prophet
Riley, I think You're the best day-trader on line, and I concour with your ideas 90+% of the time ... Very well done !
I was waiting for another videos of you
Thank you for spending ur time always. Pls more bro !!!
Very well done video, easily explained and easy to understand
Thank you for sharing your knowledge and insights. You have a way of explaining things in the simplest, clearest terms. As you've said in a past video years ago, this is a game of self-improvement, and I am constantly improving my mindset and strategies thanks to you. I trust you're taking care of yourself because, selfishly, I am hungry for more content from you.
@jimmystewart3620
Жыл бұрын
Beautifully written.
An excellent video I have ever had; I learned a lot and appreciated sharing.
Hi! Nice vidoe, really u teach a lot with real practice
Great video 👏
you sir... have lit a lightbulb in my brain... You are a genius! Increasing the stoploss higher than the entry point.... man that is insane... you have changed my day trading potential to the extremities. Subscribed!
@rombusworkmoney22
Жыл бұрын
It's called a trailing stop loss.
I’ve definitely gotten faked out plenty of times, so I look forward to giving this a try!
Awsome video man. Learned alot=P
Awesome loved it 💪🔥
Riley, I just found your channel. So helpful! I use ninjatrader as well. How do you draw your reversal boxes? Is that an indicator or a drawing tool? Thanks!
i was waiting for this video brah!!!!!!!!!!
@danman1287
Жыл бұрын
U can't learn trading from your peers without much trading experience. Omg...u learn it from pros... He doesn't even have MA lines. The trend is one thing the strength of the strength is another.
Bro i like it this video it's so simply and your explaining is so great and very simple keeps going bro 🤝🔥
My mentor calls it the R3 model. We use it to stack entries while it scares other traders out 💪🏿 🎈
thank you the knowledge is very helpful for beginners like me
Hey Riley, what are your thoughts on using Elliot wave patterns and fibonacci tools to make high probability trade setups? Great job btw!
This is awesome!
Great lesson. I learn so much from you. Number 1 youtube mentor. I tell everyone about you
Thanks man many time i loose this chart pattern.. Some time i win., today i got a statergy from you.. Thanks alot.., you are simply amazing cheers. 🤑🤑🤑
@Riley you are my hero , thank very much for good strategy, God bless you .
The best explanation about live candlestick fakeouts on KZread
@RileyColeman, Do you have a video on your bracket or ATM strategy? Just curious at how many ticks when you set a break even point, and at what ticks do you start trailing your stop loss upward. Thanks
thank you. is this strategy just work for uptrend or it works for downtrend too? if it does so in downtrend we should looking for a bullish candel in consolidation trend and then open sell trade?
This is quality material
Riley, I've been subscribed to you off and on for at least three years. I don't even care anymore about the content of your videos, although I'm happy to see your resurgence. I just like you. I bet you would be a good friend to hang out with. You're so upbeat. I'm glad you found a new, more simple way to trade and you're making money more consistently. You deserve it. It just proves that if you have the willingness to stick with it, you will eventually find a way to become profitable in trading. Never give up.
@RileyColeman
Жыл бұрын
It's been a long, hard but rewarding journey for sure!
Boss, for day trade what instrument you trade in 1 min chart? Sometimes you are showing in MES and sometimes in NQ? Lonn ago you are suggesting 2000tick chart for ES trading. I am little bit confused. Could you please suggest which one is good for day trading with a small account/
If I use Ninja am I able to use that chart program you're using? being able to drag a bar to set stop loss looks pretty neat.. and drawing lines.. really tempted...
Can you tell me a good broker to start trading with small amout of miney 100$ or should i invest in ftmo 10k challenge and is this mt5 that you are showing or ctrader
want to start getting into making youtube videos. can you tell me what software you're using for the editing and making your face in that circle shape etc? thanks!!
How do you get the chart to display the stop and limit orders along with the profit text box?
Good video. Thanks for sharing.
Thank You for update
This is great, thank you, which timeframe was this chart on?
Bro where is the link to your full day trading course?
Thank u for sharing knowledge video.. Thank u from india... 🙏
does this also work for forex and for other timeframes?
I just got faked out twice yesterday as it broke my trendline, only to reverse, exactly as what your vid has said. Thanks a lot of this! 💯
You can use the delayed reactions for safer entries.. which leads to trading allot of things not just 1 instrument which overall has more risk
I use indicators in combination with price action and fundementals. After you do it for so long it's more like intuition. I don't ever rely on one indicator to tell me what to do. I rely on a combination of a few indicators, price action and fundamentals. As long as you can read the charts correctly indicators can help tremendously. I use simple "stock" indicators such as EMA, MACD, RSI, ADX, ATR. that have been around forever and i have a 75% win rate according to this digital trade journal. My max drawdown on this acoount so far is only -73 dollars. (2k account) I create a fundamental bias with fundamental data. So if fundamental data says go long, I'm going to go to technical analysis to confirm thatm. After confirmation I start looking for the best entries and exits using technical analysis. I use price action to see how price reacts to certain areas and then I use the indicators to help give me more information on what's going on in those areas. I also don't use stock settings.
@ruggedman762
8 ай бұрын
Hi can you explain if fundamental analysis have a role in scalp trading in 5min windows. I am just a beginner and dont understand it, i trade stocks so should i just google about the stocks? Sorry if i seem like a noob.
Thanks for the video sir.
Do you only watch 1 min tf, or do you have more charts that we cannot see?
Excellent informative video.
Hi Riley, thanks for the helpful video! It is neat how you can put in orders on the chart like that. Which trading platform do you use?
@RileyColeman
Жыл бұрын
Ninjatrader!
Would be great to have kind of weekly recap of your trades!
You know what Riley! we are not all on adderal like you I need my indicators LMAO
Você é muito fera! Parabéns. Eu ainda estou sofrendo para aprender, mas sigo estudando!!!
So your risk amount is never the same then. Especially on NQ at the open in 2023 because your putting your stop loss at the bottom of the wicks according to the break out. Since this changes constantly so does your stop loss amount correct?
Used what I learned from your video today
It's called S-curve trading first described in the early 1960s. What is missing is the probability of reversal vs continuation during the oscillation. Good explanation though.
@ava1431
Жыл бұрын
I’m a beginner, can you point me to a book or resource that would benefit me. Thanks in advance.
What indicator are you use for the TP SL etc in the right ?
Sir, In forex pairs SPREAD TRADING do you recommend use of CCI (say on 1H chart--cci 7,cci 14, cci30,cci50 values & add all these values on each pairs to spread & compare overpriced/underpriced leg).The pairs got to have correlations of at least 90%(say aud/usd &nzd/usd--aud/jpy &nzd/jpy--eur/jpy & gbp/jpy--gbp/aud & gbp/nzd etc.).Sell the overpriced & buy underpriced. This would give trader starting edge, staying power, size choice & risk control. You would be comparing deflection of prices summed up on multiple time frames(added up/robust) for asset A & B. Your wisdom is appreciated
Good info
My favorite options KZreadR :
Riley do you still have a trading group, can’t seem to find info??
great video
which currency pair is this on tradingview & m4 please?
Instead of trend lines, I believe it is easier to see moving averages. I like EMA's based on Fibonacci numbers (5, 8, 13, 21, 34, etc.). Enter following the surge of a candle off a moving average.
@diegobonilla4542
Жыл бұрын
Are those the numbers of the ema's?
@blink555
Жыл бұрын
@@diegobonilla4542 yes, 5 period moving ave, 8 period moving ave, etc.
@tiestobobfx
Жыл бұрын
What do you mean candle off of a surge? Like crossing it or bouncing off of it ?
@blink555
Жыл бұрын
@@tiestobobfx, bouncing off of it
Hi Riley what program do you use for trading please?
What platform is that looking for a platform that I can move my stopliss like that
So are you saying what you're looking for is a pinbar, then the market to exceed that pinbar on the next candle. ?
great vid
Hello Riley, what Forex platform do you use?
Hi.. what platform do you use in the video? I like it. 😊
wow thanks. I am a beginner who is learning in the nfc community. Hope I can get a lot of profit
Great video! What’s your opinion on prop firms?
Nice Video, good Job. Where you Trade, i mean which broker?
does this strategy works for other currency pair also?
Thanks a lot boss. My question: is your breaking even not too early?
What time frome is this on?
Do you use vol ? If so…when ?
This works really well with stocks that fall below the 20 SMA on the daily.
do you have a scalping course for beginners?
Thank you for this video ! Can you please do a video on risk management ?
HELLO WHAT PLATFORM DO YOU USE?
I thought you could only put a stop loss on when you made an order. How do you alter a stop loss coins you already own?
I actually recommend footprint to but yes prices work to.
what was the capital in that trade, people tend to live the out
How much on avg are you risking to make $300/day?
What broker do you use?
Hiw much do you make a month?
What broker you used?
Thanks Riley! Bgm please? 🙂
Riley why don't you trade binary options..
What's the time frame you use
I use the moving average to help me find the trend direction