Insightful video. I just want to know best how people split their pay, how much of it goes into savings, spendings or investments. I'm 27, and earn nothing less $150k per year, but nothing to show for it yet.

@Harperrr.99

10 ай бұрын

When people have money, they spend it. And some people spend more money when they have more of it. If you want to improve your financial management, you should consult with a financial advisor.

@kurttSchuster

10 ай бұрын

@@Harperrr.99 That's right, you can avoid the traps of lifestyle inflation by consulting an expert advisor to help you plan for your short- and long-term goals; it all comes down to proper guidance. Over the past two years and six months, I have seen my income build wealth and now have a fully paid off house and at least $650,000 in stocks. All this is the result of subsequent investments with my savings and the application of expert advice.

@Mcllwain

10 ай бұрын

@@kurttSchuster Nice, who is the Financial Advisor aiding you if this is not much i'm asking? my retirement plans are going down the drain with my 401k particularly losing everything it gained ever since 2021.

@kurttSchuster

10 ай бұрын

@@Mcllwain Sure. NICOLE DESIREE SIMON, a well-known person in her field, is my advisor. I got to know her through my wife. It's my wife that has her number, but you could further investigate her credentials and contact her yourself.

@Mcllwain

10 ай бұрын

@@kurttSchuster Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

Thank you for this. I dumped all of my indicators but the EMA and am employing these rules for price action trading. I'm still learning but have seen instant results. Your principles definitely work, not all the time but no setup works all the time, we're just trying to increase the probability of success. Your setup definitely accomplishes that as long as you're not greedy, set stop losses and and are fine with taking what the market presents to you. You have a new subscriber sir.

this is one of your best videos! I appreciate the brevity and being straight to the point.

I've never seen anyone explain this in this way. Need to watch it a few times. This is an impressive video! Got a new sub after 1 watch!

Thank you very much for making this easier to comprehend. great lesson. Thank you.

Man you are a revaluation for the trader's!Pure candlesticks and price action reading, nothing more, and nothing less!I am surprised, that you didn't get at least 1M views! On every single video.(Sorry for my bad English).No fancy Clancy indicators, and stupid stuff like 99% of videos posted on KZread! Thank you man!

@jimmyn1357

Жыл бұрын

Totally agree

@samford5153

Жыл бұрын

It's cos most of this is from PATStrading... Nothing new

@shichilaofa

2 ай бұрын

Its trash retail technical analysis.

Love this!!! Thank you 🙏!! Struggling to fully understand this. Great elaboration and explanation!!!

I didn’t realize these were the setups I’ve been doing the best with. Thanks for making things more clear!

Excellent explanation of this! One thing other videos never explain is a pullback and entry within a single bar.

Thank you soooo much for this !!!! You just changed my life !❤May God Continue to bless you sir !

Very valuable lesson. Thank you Thomas ✌️

I like the way you simplified setup concept, Many put complex indicators in vedios & miss lead others. Thanks buddy 😊

it doesn't get any better than your explanation, thank you

Great video explaining the essence of PriceAction pullback. Love these videos refreshing price action knowledges.

Glad I found you. Thank you for sharing your insights and help. Paul

Your videos are extremely underrated. You have live videos -- which you can learn a ton from. And then these informational videos are just fantastic. I've been learning and studying price action for a long time now and your specific high probability setup that you show here is just fantastic. I've been a breakeven trader forever, but I really want to understand and take hold of this strategy.

@rombusworkmoney22

5 ай бұрын

What are your trading results now?

@SaturnReturns

5 ай бұрын

@@rombusworkmoney22 I am currently a profitable trader after a year of studying and trading this strategy. My win rate isn't as high as some who do this strategy full time but I'm still making money doing it.

Thank you so much for this training on Trend lines❤

Can you please give more details on what you mean by « a break below the low of the last bar inside a series of bullish leg ». I have trouble seeing what IS breaking below.

Thanx a lot. Content like these are a bit hard to find. I learnt a bit of price action by watching al brooks videos few years back. It changed my view of looking at markets. This video reminded me of him.

bro im not gonna lie, i appreciate your content, but i'm having a hard time keeping up with what you're saying.

Great video and extremely useful. It makes a lot of sense. Thank you very much for taking the time to make the video and for sharing it.

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs Katherine Flores.

@memphisginger2751

6 ай бұрын

I'm surprised you know her. I've been making a lot of profits investing with her for a few months now.

@Roche796

6 ай бұрын

Mrs Flores changed my life because of the high profits I got from investing with her.

@dr.burakdeniz

6 ай бұрын

You invest with Mrs Flores too? Wow that woman has been a blessing to me and my family.

@bobwarshaw8439

6 ай бұрын

I'm new at this, please how can I reach her?

@samdiesel714

6 ай бұрын

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

Excellent video and great explanation. Really glad I found your channel - thanks!

great level of detail in your explanation TW. Thanks again.

Wow. Never thought of this. This is all a new dimension!! Thanks a lot and please do educate us.

Good video Thomas. I hope there will be a part two (the rest of the story). Thank you.

You're a legend, thanks for the vids

Thank you so much. I have followed you for a very long time and your knowledge and teaching styles have helped me SO much. I appreciate you and everything you do!

@JwlsMambo

Жыл бұрын

He's teachings has helped me a ton, too!!!

Critical video, right to the core of reading the chart for consistent daily profits!

IMHO: the best Channel about PA & 2LPuB

thank u thomas my way of learning price action changed its is avaluable information .

Mr. Thomas thank you so much for this video. With trendlines I’m assuming the lower timeframes might be choppy. What are great timeframes, higher or lower?

@ThomasWade

9 ай бұрын

Nothing wrong with lower timeframes. Price action is same on all timeframes. I trade 2000 tick chart. Which is similar to 1 min chart. I use one bigger timeframe and that would be 10 k tick chart, similar to 5 min.

Very helpful. Thanks a lot Thomas!

Hi Thomas, does 2nd entry needs to always be below 1st entry as confirmation LONG ENTRY and vice versa for shorts? Love your videos, man!

@ThomasWade

9 ай бұрын

2EL doesn't always have to be below 1EL, sometimes it can even be higher.

Brilliant. Thank you. 🙏🙏🙏

Patience+self discipline+control on emotionce= profitable trader

Great video Thomas! Appreciated.

Worlds best trading setup and video ever seen

Thank you 😊 Good video

Thanks for information about probability....

Please refer 6:49 to 7:18. In a bull trend, after 2 leg pull back, do we reset the count even if there is no new high formed? For first red bar, you counted the leg as expected however there was one lower low red candle where you counted two legs again from start. I thought we continue to count the legs as 1,2,3,4... till new high is not formed. Is this logic also applicable for downtrend?

Another great video! Thanks Thomas!

Great video but curious how often you'll get that second entry vs. just a single chance?

@ThomasWade

9 ай бұрын

The good 2nd entry at key entry point doesn't form that often. Almost every day there are several good opportunities but you need to wait for all price action rules to align.

Trading! Interesting entry points - even very very tiny ones. However few confusing entries; in some examples when there is new low/high we restart count, but in other examples - this is just new leg… (7.50, 8.18, etccc). I Need to study more… Thanks!

thanks thomas another good things to know

Hi Thomas. Love the videos. Quick question regarding the 2EL starting @6:23. We obviously got a new high there follow by 2 red bars, then a green bar. Shouldn't that be the 1st entry since the red bar is above the green bar (@6:30)? And then 2EL would be where the red inverted hammer/doji bar is because it went above that second small green bar? Hope it make sense.

@ThomasWade

Жыл бұрын

There is no 2EL on the bar you are talking about. Because after 1EL above big bull bar at the EMA, there was no tick below the bars working lower. There needs to be pullback, tick below for 2EL to get a chance to form. So after 1EL, there is a tick below the hammer doji and pullback started. After that we wait for break above the highs of bars to get 2EL.

@PhilChan22

Жыл бұрын

@@ThomasWade Got it. Thank you

Thank you!

very helpful thomas! thank youu

Pure Gold!!💰💰💰

I just discovered your video and it is great informative for me! One question tho, let say buy setup, what indicates 1EL & 2EL, after 2-legged bearish, 1 bulish appear consider 1EL or require break above previous bar? Most of example do not breake above.

@ThomasWade

Жыл бұрын

For entry to trigger there needs be trigger one tick above the signal bar. Bullish bar alone is not enough, there needs to be a trigger above that bullish signal bar. Here is the video aobut how to count entries kzread.info/dash/bejne/gIKupcegn9a-pZs.html&ab_channel=ThomasWade

Ive been doing trades after 2 year losses-learning...this is the strategy ive discovered works...with DCA and stochtastics to get razor sharp entry at entry point

This is Mack’s price action trading system. I studied under him for years. Good job. 👍🏽

@ThomasWade

Жыл бұрын

Yes, I learned from Al Brooks and Mack as well. Big shout-out to Mack. Great trader.

@suhaibghazi7673

9 ай бұрын

Mack who?

@GuilhermeBrancaleone

9 ай бұрын

@@suhaibghazi7673 He's talking about PATsTrading Channel.

@joshnelson9571

7 ай бұрын

@@ThomasWade I think those guys would be proud of what you're teaching. I've watched them too and I really appreciate the way you explain the concepts and the detail you go into. You're very good at educating people. Thanks again!

Around 6:34 where he drew the second bearish leg, shouldn't the pull back be at the green /red candle before that?

I'm a bit confused on how do you count the bars, do you count where the price ends/closes on a bar or do you also count where the price has been for the whole bar no where where the price closed?

@ThomasWade

8 ай бұрын

The highest/lowest point is the most important. So I always count from the close(if there is no wick) or the wick. The high or low of the bar.

Thank you

Thanks.

Thank You

Wow I'm thankful

Great video, thank you for so many educational videos! I'm curious if there are other time frame charts you use and if you use volume profile at all in your trading?

@ThomasWade

Жыл бұрын

Hi, I take a look at 5 minute and 10 000 tick chart just as a supportive charts but I do my main analysis and trading on 2000 tick chart. I don't use volume profile.

Thanks sir love form india 🙋

Thanks for breaking down what to actually look for during the two legs. It's been bugging me especially when it's not "obvious." Thanks for all you do!

Hi Thomas. This is very helpful. I am still somewhat confused as to where I can start a new count. Is it any new swing low or new swing high? It gets confusing when I am count long entries in a downtrend or short entries in an uptrend It would be good if you took this same video and mark where a new count would start with a 0 or something else. Thanks again. As always, great stuff.

@fjuansinag

Жыл бұрын

If I may and if I understand correctly, when you are finding second failed entry short, count resets when the high of the current bar exceeds the high of the bar where you first identify the first short entry. And vice versa if your finding failed second long entry. Count resets when the low of the current bar exceeds the low of the bar where you identify the first long entry. Hope this helps.

@ThomasWade

Жыл бұрын

Hello Chris, we tend to reset the count after significant event in the market. That means after two legged pullback to the key entry point or sometimes just important pullback to the key entry point. We reset the count after every second entry. So if we get 2ES at EMA, from there we count for F2EL.

If I may, may I ask how do you compute your position size when you do scalping? Ain't there a minimum percentage change to gain a profit? Also, do you have any experience or sample wherein the trade has played out but you're still a loss because of fees? Your answer will be greatly appreciated. Thanks sir Thomas.

@ThomasWade

Жыл бұрын

Hi, unfortunately I don't quite understand what are you asking. When scalping my main portion is the scalp portion. I don't want to leave money on the table and in case market does something unexpected I leave one contract as a runner. So I divide my positions into twos but the main one is the scalp, runner is bonus. You can only lose on commissions when you when you exit trade at break even. If the trade won you don't lose.

This one of the best explanations of price action strategies that I've seen. Outstanding man!

Are you buying on the next bar on the 2EL? Do you need to wait sometimes for a certain type of bar? Once 2 legs have played out, are you looking for continuation patterns or just going on the next bar? Hope that makes sense...

@ThomasWade

2 ай бұрын

When 2EL signal bar gets a break above its high, I take the 2EL. I place my limit order on the signal bar. But technically we enter one bar after since that is triggering above signal bar. Bar is important, I buy above bullish bars and sell below bearish bars. You can check my live trades to see how I enter trades.

@chrisz7083

2 ай бұрын

@ThomasWade what if the bar moves below before the bar closes? Or do you wait for a bar closes beforehand? How do you watch your live trades?

tomas씨 감사합니다. 이런 강의가 듣고 싶었어요^^

@ThomasWade

Жыл бұрын

I don't speak this language :)

after first entry short/long where to place stop loss, coz second pullback always violet first low/high.

@ThomasWade

9 ай бұрын

You shouldn't take first entry, you need to take the second entry and your SL goes always 1 tick above/below the signal bar.

I know these set ups quite well. Normally, whenever I review set ups, the one mistake they almost all make is entering the trade too late, such as waiting for the confirmation bar...the closing of the second bar after the set up bar. Studies have demonstrated this is very inefficient...costs you too much in profits. You entered both pull backs correctly, spot on. The second major mistake I detect is they place a stop loss at the swing low beneath their entry point if going long. HUGE mistake. Your stop losses on most trade should be just beneath the low of the bar you used to enter the trade or perhaps the low of the previous bar already closed out. I learned this from hard knocks and from Oliver Valez on KZread, a great hedge fund trader.

@rombusworkmoney22

5 ай бұрын

Valez, not Valdez.

8:15 is a first entry short because price ended on that tiny green candle below the top of the wick of the candle right before it? Still trying to piece it all together. thanks! 8:52 I don't get why that is a 1EL signal. Do you have a video where you explain the EXACT parameters of what an EL and ES signal are? 10:50 there is no tick above on that green bar to the bar previous why is that a 2EL?? 11:03 First bar that received a break above its high? which high are you referring to? edit: Okay I see you're referring to the bar AFTER that bar but the way you use your mouse and arrows it looks like you're pointing directly at those bars. starting to make sense now that i see you're referring to the bar afterwards in these examples. to anyone else struggling keep it up!

@t3rcx

8 ай бұрын

It may help you to consider that the bar he is indicating in the video is the signal bar. The entry long or short (first or second) is what occurs when the next bar ticks beyond the signal bar. The signal bar itself is important because it is not a high probability setup if the signal bar is not exhibiting a shape that is aligned with the trend. For example, you cannot take 2EL setup if the signal bar itself is bearish, even if the location of the bar is at key entry point. (There is a double bar entry setup that Thomas uses but it is a more advanced concept). But the entry long or entry short itself is when the range of the signal bar is exceeded, as you seem to have figured out. Honestly if you watch more of his videos, you'll start to understand. He does a really good job explaining price action concepts.

what's this strategy's win rate, and how long does the drawdown period usually lasts? (this isn't my usual setup but its very interesting understanding it). thank you for making the video!

@ThomasWade

Жыл бұрын

Win rate depends on the trade and how well you can read the price action and be mentally stable. Traders have easily over 80% with this but it takes years to learn, just like any other skill. Two legged pullback is just part of it, you need to learn to context as well, drawing trendlines.

@LawrenceChung

Жыл бұрын

@@ThomasWade definitely agreeing on pattern recognition being the key here to high win rate, the way you articulate charts out loud, it shows the years of effort you had put in reading charts via your mental framework. I am still developing mine as of now. I definitely have a foundation on understanding charts, but its the maturation that will take me much longer and it depends on how long I can sit down and read price action forming realtime

Great information in this video. I have a question on how to read the highs and lows of the candles. Are you counting the bodies and or the shadows? Please help

@ThomasWade

10 ай бұрын

To count entries you want to see break above/below bars highs/lows. So this means above/below wicks as well.

Please correct me if I'm wrong: you don't require that a candle closes above or below a candle in question, do you? Wicking above/below is sufficient, correct?

@ThomasWade

5 ай бұрын

Yes, candle doesn't have to close higher/lower the prior bar. You just care about the signal bar getting a break.

Accurate and clear, magic! Greatly appreciate your time and heart in sharing what you've found that works consistently. I'm curious if you've heard of Equilibrium Fractal Waves? It would apply very well to how you see/teach the market. I'd also like to know what timeframe your using.

@ThomasWade

Жыл бұрын

I have never used Equilibrium Fractal waves so I cannot really comment on that. I trade 2000 tick chart which is similar to 1 minute chart.

If trading the ES futures how big is your profit target for a scalp & how big is your maximum stop?

@ThomasWade

4 ай бұрын

TP is 8-10 ticks, you can see in my live trading videos. SL always goes one tick below or above the EMA.

Thx for a great video. This should work on 1 minute time frame, correct? Thx!

@ThomasWade

Жыл бұрын

Hi, correct.

@btd8311

Жыл бұрын

@@ThomasWade Thx a million!

Thanks Thomas. I have a question if you can, why at 12:22 the green doji(after the two full bull bars and bearish hammer counting from New Low) cannot be considered second entry long, since (with the wick) it went above he previous bar(red hammer)?

@ThomasWade

4 ай бұрын

I suppose we could also count it as 2EL but it moved so far from the count reset point at the trendline. We prefer F2EL to be much closer to count reset point. Since the structure is downtrend, your main focus at first is to count entries short. Only when you reach the key entry point, you can look for failed second entries long too.

@RotatingLocomotive

4 ай бұрын

Got it, very clear

Could you please advise what timeframes you use? Thank you!

@ThomasWade

Жыл бұрын

2000 tick chart.

I owe you!

Hello! Regarding entries does the size of the signal bar matter? It seems that you’ve entered on some spinning tops. Thank you!

@ThomasWade

Жыл бұрын

Signal bar size matters. Mostly if it is too big. That means our R:R ratio is not balanced. tiny signal bar also doesn't show momentum but as long as the bar is not too big or very tiny doji, doesn't matter that much. What matters more is the body and the wick.

@chazbruce2913

Жыл бұрын

@Thomas Wade thank you! You are the best!

Thomas I'm sure you know more than me but the 2ES "signal bar" was the bear bar in leg two and the entry bar was the bar below it so the second bear bar. That is if you're going by Mack's rules. Not sure if you changed the rules to fit you.

@ThomasWade

Жыл бұрын

Sometimes I call signal bar differently. I apologize for the confusion. Signal bar is always the lowest or higher point in the swing. But sometimes lets say 2EL forms above bearish bar, we cannot enter there, but right after close to it forms bullish bar. I treat the bullish bar as another signal bar. I call this double bar entry. But it should be used when the bull bar is not too far from the bearish signal bar and not that big.

@traderbob6245

Жыл бұрын

@@ThomasWade < That's not a bad way to do it. If you combine the two bars you get a fairly bullish semi-diji anyway. Just making sure I was on the same page. Appreciate your response.

everything is perfect in hindsight

Sir, which ema to use

@ThomasWade

9 ай бұрын

21 bar EMA on all timeframes.

Trading! In my previous comment situation was exactly the same but there this was not pullback but bearish trend down. A bit confusing :) 5:40

Hi Thomas, I have one doubt, if in a bullish correction on a 5 minute chart, after a series of bearish bars a bullish bar appear but within the body of the previous bear bar, however on shorter time frame say 3mnt this bullish bar has moved one tick above the previous bar but it hasn't on 5mnt time frame, should that be considered high 1, kindly help

@ThomasWade

Жыл бұрын

Hello, please send me screenshot to thomaswadetrading@gmail.com. I cannot really picture it correctly. Make sure to not reply to other scammers. They have different logo or name.

9:20 You will only become consistent when you wait for the high probability setups !! TW - 2nd leg setup in a high probability entry.

Hi Thomas, The same concept can be used for SWING trading also?

@ThomasWade

Жыл бұрын

Hello, it can but you need to adjust money management little. Also you may be waiting long time for a setup on higher timeframes. It works the best for scalping in my opinion.

@veeramalairamasamy5595

Жыл бұрын

@@ThomasWade Thanks.

I noticed most of my trades I’m risking 12-16 ticks and I’m only using 1 contract so I cannot have runner yet, should I scalp for 12-16 ticks to keep my R:R 1 to 1 instead since you said most high probability trades work for 10+ ticks ?

@ThomasWade

Жыл бұрын

That seems like a big scalp. I would stick to 10 ticks. We are interested mainly in small portion, small move in the market. So we doesn't need to have 1:1 R:R every time. Scalpers can have much higher win rate on average. You can try to test it and see how it works regularly, I have never scalped 16 ticks.

6:58 the price hasnt broken below the low of the candle that formed the high. My understanding was that the count starts once the price goes one tick below that candle in an uptrend?

@ThomasWade

Жыл бұрын

When we are counting for longs we look for breaks above the high of the candles, not really lows. Break below the low of this candle is important if we want to look for second entry long.

Are these setups on higher time frame or entry time frame?

@ThomasWade

9 ай бұрын

Price action works on all timeframes. I trade 2000 tick chart but you can also trade 1-5 min. I prefer smaller timeframes because high probability setups take time to develop.

@Jackson84825

9 ай бұрын

@@ThomasWade your not looking for directional bias on higher time frames with price action?

@ThomasWade

9 ай бұрын

@@Jackson84825 Little bit yes. 10000 tick chart.

Thomas, at 3:47, you said "....This is 2 legged pull back, indicating to us bullish CORRECTION played out, the main trend resume......". Is it always that the correction is over after 2 legged pullback? In one of your videos "Market Rules Explained-How to countr Entries" (I know this video is about counting legs). At 12.34, the correction completed only after the 4th pullback.

@ThomasWade

Жыл бұрын

No it is not always the two legged pullback but it is common. Sometimes you have just 1 leg pullback and market keeps going. Sometimes the correction trendline is in play and you have many legs. But two legged pullback is the high probability pullback if it forms under the right context and you follow all the price action rules.

At 06:56 you sai it is a one candle pullback, but the low of the bar doesn't go below the low of the prior bar. I'm doing the Al Brooks course right now and he mentioned that the low of the bar needs to go below the low of the prior bar in an uptrend for the pullback to start. I'm a little confused right now, maybe you can clarify.

@ThomasWade

11 ай бұрын

Hello, the bar doesn't have to break below the prior bar, important is the signal bar to have a break below its low. I made a community post about that. I recommend checking my community tab.

@simonpaa9086

11 ай бұрын

Thanks, found it!

Thanks Mack Jr

@ThomasWade

Жыл бұрын

I wish. Mack is too good.

@bedorusrex

Жыл бұрын

@@ThomasWade He just has more experience! You are gonna get on that level one day, and I am too!

do you have any videos on signal bars? if so I would love to watch!

@ThomasWade

Жыл бұрын

Now that I think about I don't have any specific video about signal bars.

@907Blademan

Жыл бұрын

@@ThomasWade I second that, this vid was great on the 2E! Hit it outa the park!

Are we waiting for the tick counter to reach zero before we enter? Are we supposed to set limit orders and let price come to the entry on the 2EL or 2ES? Or are we supposed to take market orders? Sorry if I missed those answers. Thank you!

@ThomasWade

7 ай бұрын

We enter based on candles that finished. Tick counter going to 0 or time counter reaching its interval means candle is fully printed. We want to see signal bar formed completely so we wait for signal bar to fully finish. I prefer limit orders after signal bar gets a break above/below its high/low. But you can use buy/sell stop orders as well. I am not a big fan of market orders.

@dwaynedmullins

7 ай бұрын

@@ThomasWade Thank you for the reply. I much prefer to let the price come to me as well. I’m running on Simulation for a while and I’m making silly mistakes still, of course. The trend channel is a bit of a challenge but I’ll get it. I’ve been drawing them too early and not letting them develop, and that influences my entry. It’s practice and patience… and time. Thank you again. I appreciate your efforts and willingness to help make the strategy understandable and applicable. I’m free of indicators now except the 21 EMA 😎

@ThomasWade

7 ай бұрын

@@dwaynedmullins Learning to read price action and to draw channels takes time. It is a skill like anything else. So it is completely normal to struggle at first.

@dwaynedmullins

7 ай бұрын

@@ThomasWade I’ll get there… I’m really only confused on the count reset. Including the wick or not, etc., I just need to rewatch, slow down, print out charts and study them.

great video

Do you identify trend on larger timeframe or on intra day/ weekly

@ThomasWade

Жыл бұрын

I trade intra day so most of my analysis is on 2000 tick chart. Similar to 1 minute. I use 10 000 just to look for bigger bias and channels.

@cyberfam996

Жыл бұрын

@@ThomasWade understood thank you

Whats the period of EMA you are using please

@ThomasWade

8 ай бұрын

21 bar EMA.

@ha11iday95

8 ай бұрын

@@ThomasWadeHi Thomas Can I ask what difference it makes for the days on using the EMA for instance the 50 and 200?

@ThomasWade

8 ай бұрын

@@ha11iday95 These numbers are quite large Ema and it means it doesn't affect price action as often. As a day trader I prefer 21 bar EMA that guides me throughout the entire day and helps to make decisions the whole time.

@ha11iday95

8 ай бұрын

@@ThomasWade sounds good I will keep that in mind thanks 👍

Am new to the forex trading journey...hope your videos will help me , Thomas...thank u

@rolandrainititangmailcom8674

Жыл бұрын

Greetings lot of ppl don’t know this,As a investor nothing beats engaging a professional stock /Forex broker / investment adviser in your trades to avoid running losses or making wrong stock picks, I have had prior experience investing with Mr Raini Titan, I will recommend him for all investors .

Thomas, I'm confused. At 8:15 the bar you call 1st entry short looks to me like a new low. What am I not understanding?

@alnewman3572

5 ай бұрын

When do you count the wicks, or do you only count the opens and closes?

@alnewman3572

5 ай бұрын

obviously, I am just a newbie trying not to lose money.

@ThomasWade

5 ай бұрын

For it to be new low, the low has to be lower than the low we are counting from. Which 1ES still was higher then the count reset point. Takes time to get used to count, don't worry. Couple more weeks and it becomes second nature.

does this work on larger tf as well for swing trading?

@ThomasWade

Жыл бұрын

Yes it does but on larger timeframes you may be waiting long time for a good setup. For that reason I like smaller charts. I want to wait for the best setups.

@devwilltale

Жыл бұрын

@@ThomasWade Thanks for reply. I want to concentrate on swing trading . So asked.