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

  • @RileyColeman
    @RileyColeman Жыл бұрын

    📗Free Scalping Strategy Class on how to start becoming a profitable trader ➡join.evolvedtraders.com/c

  • @Sammie1691

    @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.

  • @riviera9383
    @riviera9383 Жыл бұрын

    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

    @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

    @olivia4182

    Жыл бұрын

    I want to start trading also but very naive on the topic

  • @riviera9383

    @riviera9383

    Жыл бұрын

    Arloeric1 @

  • @riviera9383

    @riviera9383

    Жыл бұрын

    You can use his Gmal above to get in touch

  • @Arief351

    @Arief351

    Жыл бұрын

    Okay Thanks much I have mailed him

  • @PurpleHeartSti
    @PurpleHeartSti Жыл бұрын

    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.

  • @WooStack
    @WooStack Жыл бұрын

    Bro you might actually be that guy who teaches this really complex stuff without making it seem so complex and without even trying

  • @RileyColeman

    @RileyColeman

    Жыл бұрын

    🤣

  • @InflowInflowTopic

    @InflowInflowTopic

    Жыл бұрын

    facts

  • @sheikasweem6418

    @sheikasweem6418

    Жыл бұрын

    It’s true

  • @Kingdomize

    @Kingdomize

    11 ай бұрын

    I was thinking the same thing

  • @Reeklifestyle

    @Reeklifestyle

    10 ай бұрын

    Facts yo

  • @yomom114
    @yomom1145 ай бұрын

    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.

  • @ricksewardpumping431
    @ricksewardpumping4319 ай бұрын

    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

  • @rebelandatrader
    @rebelandatrader Жыл бұрын

    That ES vs NASDAQ futures dynamic is pure gold.

  • @whatevernameitis
    @whatevernameitis Жыл бұрын

    Great channel to learn technical analysis, crystal clear explanation, no fluff like the other channels.

  • @kevexboy
    @kevexboy Жыл бұрын

    Great video! I've learned a lot from your videos and will plan to apply this knowledge soon.

  • @makemoneyforex
    @makemoneyforex9 ай бұрын

    Nice video especially about moving your trailing stops and locking in your profits in case of a trend reversal. Salute!

  • @tonyschrementi9955
    @tonyschrementi9955 Жыл бұрын

    Good stuff once again, Riley!

  • @supremest1
    @supremest1 Жыл бұрын

    Excellent simple video, doesn't make me tired after watxhing like the others

  • @RL-vd8fh
    @RL-vd8fh Жыл бұрын

    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

    @jakeherring3260

    Жыл бұрын

    prophet

  • @SURO90

    @SURO90

    Жыл бұрын

    @@jakeherring3260 pig prophet

  • @apfelsnutz
    @apfelsnutz Жыл бұрын

    Riley, I think You're the best day-trader on line, and I concour with your ideas 90+% of the time ... Very well done !

  • @RafaelBroyer
    @RafaelBroyer Жыл бұрын

    I was waiting for another videos of you

  • @NBA_1999
    @NBA_1999 Жыл бұрын

    Thank you for spending ur time always. Pls more bro !!!

  • @liakella
    @liakella6 ай бұрын

    Very well done video, easily explained and easy to understand

  • @DIYerGirl
    @DIYerGirl Жыл бұрын

    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

    @jimmystewart3620

    Жыл бұрын

    Beautifully written.

  • @victoryuipworks
    @victoryuipworks Жыл бұрын

    An excellent video I have ever had; I learned a lot and appreciated sharing.

  • @Acner
    @Acner Жыл бұрын

    Hi! Nice vidoe, really u teach a lot with real practice

  • @galenath
    @galenath7 ай бұрын

    Great video 👏

  • @Moridagnir
    @Moridagnir Жыл бұрын

    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

    @rombusworkmoney22

    Жыл бұрын

    It's called a trailing stop loss.

  • @shaunrayyy
    @shaunrayyy Жыл бұрын

    I’ve definitely gotten faked out plenty of times, so I look forward to giving this a try!

  • @Linus427
    @Linus427 Жыл бұрын

    Awsome video man. Learned alot=P

  • @fenixsos1
    @fenixsos17 ай бұрын

    Awesome loved it 💪🔥

  • @njl18369
    @njl18369 Жыл бұрын

    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!

  • @CROCKSGAMING
    @CROCKSGAMING Жыл бұрын

    i was waiting for this video brah!!!!!!!!!!

  • @danman1287

    @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.

  • @Adeleasher
    @Adeleasher5 ай бұрын

    Bro i like it this video it's so simply and your explaining is so great and very simple keeps going bro 🤝🔥

  • @shbmsrto
    @shbmsrto Жыл бұрын

    My mentor calls it the R3 model. We use it to stack entries while it scares other traders out 💪🏿 🎈

  • @arcdisney
    @arcdisney7 ай бұрын

    thank you the knowledge is very helpful for beginners like me

  • @josephmartin6219
    @josephmartin6219 Жыл бұрын

    Hey Riley, what are your thoughts on using Elliot wave patterns and fibonacci tools to make high probability trade setups? Great job btw!

  • @SleepySteele
    @SleepySteele Жыл бұрын

    This is awesome!

  • @assaultwallstreet8577
    @assaultwallstreet85779 ай бұрын

    Great lesson. I learn so much from you. Number 1 youtube mentor. I tell everyone about you

  • @relax3576
    @relax3576 Жыл бұрын

    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. 🤑🤑🤑

  • @MrKoopman84
    @MrKoopman84 Жыл бұрын

    @Riley you are my hero , thank very much for good strategy, God bless you .

  • @victoryuipworks
    @victoryuipworks Жыл бұрын

    The best explanation about live candlestick fakeouts on KZread

  • @genjimccorkle5518
    @genjimccorkle5518 Жыл бұрын

    @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

  • @anytime_trader
    @anytime_trader Жыл бұрын

    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?

  • @treturner754
    @treturner754 Жыл бұрын

    This is quality material

  • @bobchristopoulos5755
    @bobchristopoulos5755 Жыл бұрын

    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

    @RileyColeman

    Жыл бұрын

    It's been a long, hard but rewarding journey for sure!

  • @mahboobchowdhury4244
    @mahboobchowdhury4244 Жыл бұрын

    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/

  • @MiddayEnglishman
    @MiddayEnglishman Жыл бұрын

    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...

  • @Mike-bw6sw
    @Mike-bw6sw Жыл бұрын

    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

  • @samwats7892
    @samwats7892 Жыл бұрын

    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!!

  • @killtoparty999
    @killtoparty999 Жыл бұрын

    How do you get the chart to display the stop and limit orders along with the profit text box?

  • @JH-ze4lo
    @JH-ze4lo Жыл бұрын

    Good video. Thanks for sharing.

  • @mhmdrizky26
    @mhmdrizky2611 ай бұрын

    Thank You for update

  • @GioRiveraEnergy
    @GioRiveraEnergy Жыл бұрын

    This is great, thank you, which timeframe was this chart on?

  • @Narrative_stori
    @Narrative_stori Жыл бұрын

    Bro where is the link to your full day trading course?

  • @nagraj7350
    @nagraj7350 Жыл бұрын

    Thank u for sharing knowledge video.. Thank u from india... 🙏

  • @donminoSG
    @donminoSG Жыл бұрын

    does this also work for forex and for other timeframes?

  • @DanielWalker-ft2vu
    @DanielWalker-ft2vu19 күн бұрын

    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! 💯

  • @animeB0y01
    @animeB0y01 Жыл бұрын

    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

  • @Mellow4202
    @Mellow42028 ай бұрын

    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

    @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.

  • @natedoglara
    @natedoglara Жыл бұрын

    Thanks for the video sir.

  • @remmy.fortune
    @remmy.fortune Жыл бұрын

    Do you only watch 1 min tf, or do you have more charts that we cannot see?

  • @jameskerry3826
    @jameskerry3826 Жыл бұрын

    Excellent informative video.

  • @June-ro3yo
    @June-ro3yo Жыл бұрын

    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

    @RileyColeman

    Жыл бұрын

    Ninjatrader!

  • @samuelrioux
    @samuelrioux Жыл бұрын

    Would be great to have kind of weekly recap of your trades!

  • @hedgieassetdestroyer6360
    @hedgieassetdestroyer6360 Жыл бұрын

    You know what Riley! we are not all on adderal like you I need my indicators LMAO

  • @em.2s767
    @em.2s767 Жыл бұрын

    Você é muito fera! Parabéns. Eu ainda estou sofrendo para aprender, mas sigo estudando!!!

  • @kyokushinkai10
    @kyokushinkai10 Жыл бұрын

    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?

  • @rascovlogs4320
    @rascovlogs4320 Жыл бұрын

    Used what I learned from your video today

  • @morris5648
    @morris5648 Жыл бұрын

    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

    @ava1431

    Жыл бұрын

    I’m a beginner, can you point me to a book or resource that would benefit me. Thanks in advance.

  • @ImazeVideos
    @ImazeVideos Жыл бұрын

    What indicator are you use for the TP SL etc in the right ?

  • @navketan1965
    @navketan196510 ай бұрын

    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

  • @stockmarket6726
    @stockmarket6726 Жыл бұрын

    Good info

  • @thetradingcore2718
    @thetradingcore2718 Жыл бұрын

    My favorite options KZreadR :

  • @williamc6529
    @williamc6529 Жыл бұрын

    Riley do you still have a trading group, can’t seem to find info??

  • @davidandronicomusic
    @davidandronicomusic Жыл бұрын

    great video

  • @noora.1662
    @noora.1662 Жыл бұрын

    which currency pair is this on tradingview & m4 please?

  • @blink555
    @blink555 Жыл бұрын

    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

    @diegobonilla4542

    Жыл бұрын

    Are those the numbers of the ema's?

  • @blink555

    @blink555

    Жыл бұрын

    @@diegobonilla4542 yes, 5 period moving ave, 8 period moving ave, etc.

  • @tiestobobfx

    @tiestobobfx

    Жыл бұрын

    What do you mean candle off of a surge? Like crossing it or bouncing off of it ?

  • @blink555

    @blink555

    Жыл бұрын

    @@tiestobobfx, bouncing off of it

  • @everythingismath2672
    @everythingismath2672 Жыл бұрын

    Hi Riley what program do you use for trading please?

  • @stinkface8354
    @stinkface8354 Жыл бұрын

    What platform is that looking for a platform that I can move my stopliss like that

  • @boris9331
    @boris93319 ай бұрын

    So are you saying what you're looking for is a pinbar, then the market to exceed that pinbar on the next candle. ?

  • @bigbill2148
    @bigbill2148 Жыл бұрын

    great vid

  • @mazade2011
    @mazade2011 Жыл бұрын

    Hello Riley, what Forex platform do you use?

  • @videogramable1589
    @videogramable1589 Жыл бұрын

    Hi.. what platform do you use in the video? I like it. 😊

  • @samoyedkiyo
    @samoyedkiyo11 ай бұрын

    wow thanks. I am a beginner who is learning in the nfc community. Hope I can get a lot of profit

  • @MrAudacious21
    @MrAudacious21 Жыл бұрын

    Great video! What’s your opinion on prop firms?

  • @LuziferAzrael
    @LuziferAzrael Жыл бұрын

    Nice Video, good Job. Where you Trade, i mean which broker?

  • @hongliang897
    @hongliang897 Жыл бұрын

    does this strategy works for other currency pair also?

  • @ezeokafornwachukwu7763
    @ezeokafornwachukwu7763 Жыл бұрын

    Thanks a lot boss. My question: is your breaking even not too early?

  • @williamb9060
    @williamb90608 ай бұрын

    What time frome is this on?

  • @louisarmdong
    @louisarmdong Жыл бұрын

    Do you use vol ? If so…when ?

  • @shawnlittle7527
    @shawnlittle7527 Жыл бұрын

    This works really well with stocks that fall below the 20 SMA on the daily.

  • @amerism4530
    @amerism4530 Жыл бұрын

    do you have a scalping course for beginners?

  • @Deecarter555
    @Deecarter555 Жыл бұрын

    Thank you for this video ! Can you please do a video on risk management ?

  • @junior4984
    @junior4984 Жыл бұрын

    HELLO WHAT PLATFORM DO YOU USE?

  • @ferrencebeeb
    @ferrencebeeb2 ай бұрын

    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?

  • @solidtrader7315
    @solidtrader7315 Жыл бұрын

    I actually recommend footprint to but yes prices work to.

  • @mosesnero8737
    @mosesnero8737 Жыл бұрын

    what was the capital in that trade, people tend to live the out

  • @ChelleBelle972
    @ChelleBelle972 Жыл бұрын

    How much on avg are you risking to make $300/day?

  • @Wellsh1t
    @Wellsh1t11 ай бұрын

    What broker do you use?

  • @vitsin87
    @vitsin877 ай бұрын

    Hiw much do you make a month?

  • @laventesanderson3691
    @laventesanderson3691 Жыл бұрын

    What broker you used?

  • @niro56
    @niro56 Жыл бұрын

    Thanks Riley! Bgm please? 🙂

  • @pradiprahang954
    @pradiprahang954 Жыл бұрын

    Riley why don't you trade binary options..

  • @rocketraccoonreborn
    @rocketraccoonreborn Жыл бұрын

    What's the time frame you use

  • @alexishernan4289
    @alexishernan4289 Жыл бұрын

    I use the moving average to help me find the trend direction