How to AVOID False Breakouts (Use This Technical Indicator)

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  • เผยแพร่เมื่อ 2 พ.ย. 2024

ความคิดเห็น • 164

  • @DaytradeWarrior
    @DaytradeWarrior  7 หลายเดือนก่อน +15

    DOWNLOAD the Complete Micro Pullback Strategy PDF here 🍏 warrior.app/mini-lesson-download

    • @infinitelyllc
      @infinitelyllc 7 หลายเดือนก่อน +2

      Thank you and sorry for being a pita. 🩵

    • @419-m9u
      @419-m9u 7 หลายเดือนก่อน +2

      Thank you Ross. Thank you 🙏

  • @theanimal5862
    @theanimal5862 7 หลายเดือนก่อน +82

    I've only been trading a month. And I had my biggest day thanks to you Ross. I can't tell you how thankful I am for you free knowledge on here. It really is enough for people with an aptitude for these sort of things. I got $246 on $VVPR today. It was in a simulator but I'm still proud of myself. There's no other TH-camr like you. Most of them are reading from a script.

    • @theanimal5862
      @theanimal5862 7 หลายเดือนก่อน +3

      I will definitely be joining your pro warrior program in the near future.

    • @infinitelyllc
      @infinitelyllc 7 หลายเดือนก่อน

    • @MrRunner42k
      @MrRunner42k 7 หลายเดือนก่อน +2

      ❤ Indeed, as a beginner trader myself, the best thing for me was to get Ross book,"how to day trade"... ty

    • @rapidaniel
      @rapidaniel 7 หลายเดือนก่อน

      good stuff man, what was your positions looking like? I attempted to trade and had the charts well wrote and missed the bounces and only lost £5 from a stop loss being triggered

    • @mitchbrannon3418
      @mitchbrannon3418 7 หลายเดือนก่อน +1

      His knowledge and explanation of intraday price action is s tier

  • @imstillbreathing
    @imstillbreathing 7 หลายเดือนก่อน +21

    I absolutely love how frequently you upload, you're really carrying my day trading education binge. Also thank you for creating day trade dash, such an incredible platform

  • @Milen983
    @Milen983 7 หลายเดือนก่อน +5

    I absolutely love your videos. Very different from all those other videos about candles and price actions that eventually you realize don’t have any real information in them. You are so real and the explanations you give for real situations are so helpful that I cannot thank you enough for these videos. I check your new videos every day to learn something new.

  • @vegansynths7757
    @vegansynths7757 7 หลายเดือนก่อน +3

    My goodness. This education is priceless. I can't thank you enough for sharing your knowledge.

  • @trevorm3181
    @trevorm3181 7 หลายเดือนก่อน +8

    I just bought the $19 demo course and fell victim to this exact pullback yesterday. Thanks for making this video on it.

    • @sizzler1025
      @sizzler1025 6 หลายเดือนก่อน

      did you make any money using the program? would/did you take the full subscription now?

  • @rickyjennings8627
    @rickyjennings8627 7 หลายเดือนก่อน +9

    Yep the MACD and increase of red vol candles larger than the green.

  • @ouhike2
    @ouhike2 7 หลายเดือนก่อน +10

    Yup! I got smoked on that today .... Thank you for the info!

  • @CryptoCoin02
    @CryptoCoin02 5 หลายเดือนก่อน +1

    Thanks for breaking down the psychology behind false breakouts. Understanding how market makers and high-frequency trading algorithms operate during these moments is game-changing. Your experience shines through in your analysis!

  • @KevinZurek-e7c
    @KevinZurek-e7c 7 หลายเดือนก่อน +4

    Thank you. I've been needing this.

  • @sebastianromanowski3087
    @sebastianromanowski3087 7 หลายเดือนก่อน +1

    Every time i watch one of your videos i learn something new, thank you Ross.

  • @DiegoRodriguez-tu1tr
    @DiegoRodriguez-tu1tr 7 หลายเดือนก่อน +2

    Thanks for helping us Ross.

  • @erikjohnson9335
    @erikjohnson9335 7 หลายเดือนก่อน +1

    Hey Ross, your case studies have been absolutely amazing! I have been testing the waters in the market and when I don't understand what happened during a trade I come to your channel. Many thanks!!!

  • @ezJavaMan
    @ezJavaMan หลายเดือนก่อน

    This video is golden. Deserved to watch 10x

  • @kentwist8533
    @kentwist8533 7 หลายเดือนก่อน

    Thank you Ross, I haven't seen such huge rejection candles like I've been seeing lately. This explanation video is both timely and very reassuring. I am still only trading with small share size in my real account but my confidence as a trader has been getting stronger each day. Almost 80 percent conversion rate on my trades, thanks to you! I was in the simulator when I got absolutely destroyed in a VVPR false breakout. What a great lesson learned! I even warned the guys in the scanner chat room about a potential knife, and yet I still took the bate and loss $1900.00 in less than one second! You're truly the best teacher Ross! Thank you for changing my life!

  • @alphonsobrown9790
    @alphonsobrown9790 7 หลายเดือนก่อน +1

    Yea I started using the macd, 9ema ,20 ema and the 200ema about 2 months ago and they saved me so much money and even better they made me such a better trader . Just wish I was using these last year but you live and you learn.

  • @ZaydusSun
    @ZaydusSun 2 หลายเดือนก่อน

    I have been watching for about 2 1/2 months and I feel very confident in all of your teachings and disciplines. My next step is to get the Simulator. I'm definitely going to subscribe fully to warrior trading. Thank you for potentially helping me change for the better.

  • @grltrader
    @grltrader 7 หลายเดือนก่อน +1

    This like many others was a wonderful lesson!! Thank you sir. ❤

  • @williedavirtualflipper
    @williedavirtualflipper 7 หลายเดือนก่อน +1

    Awesome video Professor Ross‼️

  • @jamesp206
    @jamesp206 7 หลายเดือนก่อน

    Excellent Ross. Aside from psychology, understanding liquidity and the mechanics behind it is the most important part of trading IMO. This does a great job of explaining it.

  • @livetradejournal
    @livetradejournal 7 หลายเดือนก่อน +2

    Thanks ross for everything you do

  • @Tonyous
    @Tonyous 7 หลายเดือนก่อน +1

    Thanks for the great information. I'm just getting serious about trading and you have been a fountain of knowledge.

  • @nickg1895
    @nickg1895 7 หลายเดือนก่อน

    Ross, your videos are amazing! I just watched most of your video on the only stock chart pattern that you need to know and it was such a great informational video! I had no idea how naïve I was being on the candles, and how exactly they worked. Thank you!

  • @tmau51
    @tmau51 5 หลายเดือนก่อน +1

    Wow I Finally found a youtube trader who speakes in reality, instead or workng off historical charts making up comentary about hypothetical trades! I'll be following for more

  • @aarongretz4335
    @aarongretz4335 7 หลายเดือนก่อน

    Ross, I appreciate you. Your explanations are always consistent as well as you strategy explanations. You give a deeper dive into how the markets work better than anyone on TH-cam. Thanks for what you do

  • @FinancialFreebo
    @FinancialFreebo 7 หลายเดือนก่อน

    In line with this same teaching... I have noticed that 90-100% of the time when, out of nowhere in a runner, the biggest candle is red, it is a major BAD omen. This is true at least in the short-run. It is a major momentum breaker...

  • @surfsunsand
    @surfsunsand 7 หลายเดือนก่อน

    The past few weeks you have been posting great videos

  • @419-m9u
    @419-m9u 7 หลายเดือนก่อน

    I never thought I was going to use the macd. But with me adopting your trading criteria and strategy. It’s a MUST!

  • @brettsmith8220
    @brettsmith8220 7 หลายเดือนก่อน

    Literally went in the red due to too false breakouts! Thanks for the vid.

  • @tommieclay3983
    @tommieclay3983 5 หลายเดือนก่อน

    tHANKS FOR ANOTHER GREAT LESSON......tEACH MORE ON THE GREEKS ANS HOW TO PROPERLY FILL OUT A STOCK ORDER FORM.

  • @stevenstrother672
    @stevenstrother672 7 หลายเดือนก่อน

    Thank you so much for your wonderful content! Keep doing what you do and helping people learn to break free from the 9 to 5!

  • @jth.FoffFatty
    @jth.FoffFatty 7 หลายเดือนก่อน +2

    Great teacher, not taking or member to any of your classes but, thank you for the free videos and education. I had my biggest day this morning, $4k real profit, by taking profit. I left a lot, a lot on the table but I took profit.

  • @DmytroMinchenko
    @DmytroMinchenko 6 หลายเดือนก่อน

    +1 checkpoint in my strategy thanks to you, Ross! Many thanks indeed!

  • @thereallyricist
    @thereallyricist 7 หลายเดือนก่อน

    Thank you Ross! Your tips are spot on. Appreciate you and all that you do to help us 🙏🏼

  • @berges104
    @berges104 7 หลายเดือนก่อน +3

    I woke up before 6am mountain time. As I have not seen what happens with the sort of news VVPR had this morning, I held off to watch today and learn. It was about $5.5 and when I came back it was over $8. I am pretty sure I would have stayed to that point and tapped out before it took a turn down from $8.4. Would have missed the rest of the climb but hey, 200 shares with $2.5 climb would make my day lol

  • @Kmike54
    @Kmike54 7 หลายเดือนก่อน

    Thanks Ross. I played this exact stock and move up on initial move and had several winning trades. I’ve learned everything from you. Still a beginner after 2 years of studying but getting there. Thank you

  • @quackenbushart
    @quackenbushart 6 หลายเดือนก่อน

    Ross, I am so grateful for your continued knowledge and insight. This really hit home as I have been caught in a number of these. Your explanation of the “why” the stock moves higher so quickly due to the market makers removing their shares and reducing supply makes so much sense. Loved your Warrior Pro class but I still have a ton to learn. Thank you!

  • @hydronaught5
    @hydronaught5 7 หลายเดือนก่อน

    This made my day! Invaluable information. I'm learning so much from you.

  • @user_abcxyzz
    @user_abcxyzz 7 หลายเดือนก่อน +1

    To avoid the false breakout, Wouldnt you want to see a conformation candle close above the resistance before you buy in...thats what i was taught

  • @annawells4931
    @annawells4931 7 หลายเดือนก่อน

    This is one of your most helpful videos😊

  • @deutsch-7946
    @deutsch-7946 6 หลายเดือนก่อน

    Great lesson! Have saved this video for a future rewatch. Thanks!!

  • @charliemcgrain
    @charliemcgrain 7 หลายเดือนก่อน

    Really appreciated. many thanks, Ross. Excellent advice as usual. Please keep it coming.

  • @Satilena
    @Satilena 7 หลายเดือนก่อน

    How good timing. This video describes the SPY price action exactly today 2024 April 3. Thank you for the insights!

  • @nikolazagorac8237
    @nikolazagorac8237 7 หลายเดือนก่อน

    Excellent explanation, thank you Ross.

  • @ChaseTheMoments
    @ChaseTheMoments 7 หลายเดือนก่อน

    Excellent video - thanks Ross.

  • @4Enigmax
    @4Enigmax 7 หลายเดือนก่อน

    Warm greetings from Austria! I've watched many of your videos, great content! Even though I've been in trading for four years, there were things I could learn from you. Thank you, just keep it up, you're doing a fantastic job!

  • @nidmaa3288
    @nidmaa3288 7 หลายเดือนก่อน +1

    I I have followed many traders but you are the best Ross

  • @abigailbrowning9502
    @abigailbrowning9502 7 หลายเดือนก่อน

    Thank you for this video! Very valuable.

  • @ivanbradshaw3322
    @ivanbradshaw3322 6 หลายเดือนก่อน

    Brilliant class. Thanks.

  • @slydon75
    @slydon75 6 หลายเดือนก่อน

    Thank you soooooo much for this lesson!

  • @ScrubsTrader
    @ScrubsTrader 7 หลายเดือนก่อน +6

    I watched that massive dump in real time! It was 100% predictable and I was kinda laughing and sad at the same time for people who got suckered into it.

    • @FastSloW-qt8xf
      @FastSloW-qt8xf 7 หลายเดือนก่อน

      Did you go short

    • @ScrubsTrader
      @ScrubsTrader 6 หลายเดือนก่อน

      @@FastSloW-qt8xf I was not in a position at the time. I was just watching

  • @sohailhines
    @sohailhines 4 หลายเดือนก่อน

    Fantastic and educational video. To me this is a case that shows the limitations of technical analysis. MACD and volume profiles are definitely important indicators to help identify divergences but technical analysis can never predict when a big buyer will hit the sell button. If you look at the price action, it's forming a perfect cup and handle with each retest getting closer to breaking out. I'd guess that 70% or more traders would take that trade.

  • @cedriccaunan434
    @cedriccaunan434 7 หลายเดือนก่อน

    Thats a beautiful daytona you got there Ross.

  • @velocitystudiomix
    @velocitystudiomix 7 หลายเดือนก่อน

    Great video bro! Love all your stuff!

  • @JimWoodruff-n8s
    @JimWoodruff-n8s 5 หลายเดือนก่อน

    Like watching you trade love your honesty

  • @brians.4403
    @brians.4403 7 หลายเดือนก่อน

    Very informative- much appreciated.

  • @miketrinidad2276
    @miketrinidad2276 6 หลายเดือนก่อน

    Wow.... you are an excellent teacher

  • @madmessm1845
    @madmessm1845 7 หลายเดือนก่อน

    excellent recap ! Very comprehensive - experiencing exactly the same triggers but my cave brain still often leaves me in the trade just before the jacknife :D

  • @Joeblow49
    @Joeblow49 7 หลายเดือนก่อน

    My account just went from a small account to a large account now in 2024 my best year in the past 3 this has been sweet I will be going back to a small account challenge in May back down to around 500 to rebuild it again

  • @siarrahicks9557
    @siarrahicks9557 5 หลายเดือนก่อน

    Thank you for this video Ross

  • @ronalexander9452
    @ronalexander9452 4 หลายเดือนก่อน

    Thank you Ross😎

  • @phquanta
    @phquanta 7 หลายเดือนก่อน

    It is brilliant. Too much tapping the resistance is also confirmed by SMB capital traders. Another thing, puzzled me was that - 'how small-volume - large candle' (which is anomaly) is formed. I think you've explained it brilliantly, just when whales remove their orders from the order book.

  • @joescopo8933
    @joescopo8933 7 หลายเดือนก่อน

    Awesome video, Ross!

  • @ABQSkywatcher
    @ABQSkywatcher 6 หลายเดือนก่อน +1

    Geez Louise. Great stuff

  • @mustaphabenhsina551
    @mustaphabenhsina551 7 หลายเดือนก่อน

    Just suscribed to your channel brother 😊

  • @BrianMerryPhotography
    @BrianMerryPhotography 6 หลายเดือนก่อน

    Great video. Thanks Ross

  • @justintindall9515
    @justintindall9515 7 หลายเดือนก่อน

    Hey Ross, thanks for insights. Just want to ask if you use hard stops or mental ones? I've been trading since "82" sometimes sparingly and other times more aggressively. Listening to you has made me realize that at so many junctures I should have started making moves more on what was happening before my eyes on the charts than going with a hold and build a bigger position.

  • @itsmemaldy7071
    @itsmemaldy7071 7 หลายเดือนก่อน +1

    We want to see the small account challenge

  • @wormhole-r3l
    @wormhole-r3l 7 หลายเดือนก่อน

    I took me awhile to realize this was from yesterday lmao, I was like uhh I don't see this consolidation premarket. Now I'm following ya.

  • @Pro-WalkingTour
    @Pro-WalkingTour 7 หลายเดือนก่อน

    I am a big fan ross. take a bow

  • @419-m9u
    @419-m9u 7 หลายเดือนก่อน

    Can you please whenever you have time. Do a macD video on how to use it. I know I can go on TH-cam and find tons of videos. But me personally I like to stick with 1 or 2 sources for this information.

  • @Timmyboy2
    @Timmyboy2 7 หลายเดือนก่อน

    Thanks coach!

  • @SF-fb6lv
    @SF-fb6lv 7 หลายเดือนก่อน

    Nice nice analysis Ross. What are your settings for the MACD, please?

  • @nathanyoung2165
    @nathanyoung2165 7 หลายเดือนก่อน

    Nice call on this I bought and sold 3 times

  • @mugabozuberi493
    @mugabozuberi493 29 วันที่ผ่านมา

    Thank u Ross❤

  • @rickyjennings8627
    @rickyjennings8627 7 หลายเดือนก่อน +1

    U literally wrote it down right after i paused the vid and commented haha

  • @brosa8117
    @brosa8117 5 หลายเดือนก่อน

    Hello Ross , what overlays / charts are you using and which broker ? Is there a link that I can access to pay to download the software you are using ?

  • @gerardgervais4097
    @gerardgervais4097 5 หลายเดือนก่อน

    HI Ross! Very interesting, and great explanations. Just a question about settings : is the MACD a classic (12, 26, 9) or a (3, 10, 16)? Does it depend on Time Frame? And do you use often the 10s Time frame (to see lower price structure, or to trade) ? I guess that we could have seen the big resistance at 7.00 very clearly from long time with Bookmap, isn' it? Thanks anyway.

  • @chrisn5079
    @chrisn5079 4 หลายเดือนก่อน

    At roughly 25:00 minutes in this video..
    Those ascending triangles can be tricky.
    A lot of traders expect that break through resistance and usually get it. However, you have to watch the tape.

  • @MrGreenGlove
    @MrGreenGlove 7 หลายเดือนก่อน +1

    it is almost like you made this entire video just for me ross😅😂 ...i didnt had a single trade in the morning and i saw all those rejection candles 7 was hard to break i told my self when this level breaks it will go high fast but got cought in a rejection i was lucky to be able to get out with not too big of a lost but that sure was a dum trade lol

  • @KingMK31
    @KingMK31 6 หลายเดือนก่อน

    Hey Ross, if you don't mind me asking, what's your book list in the back?

  • @DeLaCruz878
    @DeLaCruz878 5 หลายเดือนก่อน

    Does this work for the daily chart as well? Thanks.

    • @DaytradeWarrior
      @DaytradeWarrior  5 หลายเดือนก่อน +1

      There are differences but generally yes.

  • @TradeAlgoPremier
    @TradeAlgoPremier 5 หลายเดือนก่อน

    MACD was even giving us a signal to exit the trade before the extreem downturn.

  • @LesssThanAverageJoe
    @LesssThanAverageJoe 7 หลายเดือนก่อน +1

    I also notice and I dont know how common this is but some of the recent biggest gainers are like 40% or more below their daily and weekly 200 sma.

  • @nothimbutbetteractually
    @nothimbutbetteractually 7 หลายเดือนก่อน +1

    I noticed you track volume and MACD, do you really look at RSI much or not really?

  • @andrewgordon8112
    @andrewgordon8112 4 หลายเดือนก่อน

    Just had one today similar before I saw this video

  • @terryhyatt6129
    @terryhyatt6129 7 หลายเดือนก่อน

    Hey Ross trying to figure out how to place a trade and Fidelity and you stop loss. Did you could help me out of explaining it better?

  • @zahid9929
    @zahid9929 7 หลายเดือนก่อน

    Thanks Ross 😊

  • @tootory9506
    @tootory9506 6 หลายเดือนก่อน

    Do you have a video explaining these lines better? All the different moving averages the Mac D. etc..

  • @ashwin81088
    @ashwin81088 6 หลายเดือนก่อน

    Man. That dip came out of nowhere 😢

  • @Dellx
    @Dellx 7 หลายเดือนก่อน

    what are your ema settings are you using smart? or is your maid settings a specific setting. I have trouble getting my scanner to catch those moves early currently using Bending Pro

  • @kevinb1041
    @kevinb1041 5 หลายเดือนก่อน

    Macd helps a lot

  • @LesssThanAverageJoe
    @LesssThanAverageJoe 7 หลายเดือนก่อน

    The beginning of the move looks like the impulsive side of an elliott wave structure.

  • @gabakbusiness
    @gabakbusiness 7 หลายเดือนก่อน

    QUESTION: why dont you use 1 second chart? i have it in treadingview i use it all the time

  • @abmorose6531
    @abmorose6531 7 หลายเดือนก่อน +1

    I like the background.. purple Haze 🎉🎉🎉

  • @caiminhayes2279
    @caiminhayes2279 7 หลายเดือนก่อน

    What is the platform you use for trading Ross? I really like the charting

    • @DaytradeWarrior
      @DaytradeWarrior  7 หลายเดือนก่อน

      Ross uses Lightspeed for his broker. He also uses Day Trade Dash scanners and charts, which are available to all of our members. You can learn more about them below:
      Lightspeed: www.warriortrading.com/lightspeed-trading-review/
      Day Trade Dash Charts: www.warriortrading.com/charts/
      Day Trade Dash Scanners: www.warriortrading.com/scanners/

  • @hamzehghazawi9253
    @hamzehghazawi9253 7 หลายเดือนก่อน

    so helpful

  • @ImazeVideos
    @ImazeVideos 5 หลายเดือนก่อน

    I have see on your most of your trades you have use 1m and 5m time frame. What are you prefer? the best is to trade in 1 or 5?

  • @americanpatriot9579
    @americanpatriot9579 6 หลายเดือนก่อน

    Ross, can you go over liquidity and institutional buy and sell orders.

  • @hamzehghazawi9253
    @hamzehghazawi9253 7 หลายเดือนก่อน

    thank you