Price Action Trading Like an Elite Prop Trader (4 Killer Setups)
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- เผยแพร่เมื่อ 19 เม.ย. 2024
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What a great video, more like this one. I like the real life example of showing price action and discussing what’s happening.
Exactly real examples give more confidence
This was amazing! A live bar by bar review, while providing commentary for the price action thought process. More of these videos! Thanks SMB!
One of SMB's best videos. Thank you.
Now THIS is how people really learn! Seeing it live with guidance!
Awesome commentary puts the technics into perspective in real-time, it is a great way to convey the info ! Bravo
While this provide an actual strategy on trading and how to make gains. After trading stocks for just over 10 years, i'm struggling to make gains presently. How do i adjust or revamp my $230k portfolio? or should i consider some defensive investments?
In this current unstable markets, It is advisable to diversify while retaining 70-80% in secure investments. looking at the worth of your portfolio, you should consider financial advisory.
Right, a lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years, I needed a good boost to stay afloat as a tradr, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m
@georgeh Please who guides you on the process of it all? I’ve been down a ton, I’m only holding on so I can recoup.
She's one "Amber Russell Bennett", she also maintains an online presence. Just make a simple search for her name online.
Thanks for this. Found her and looked through her credentials before contacting her. Once again many thanks.
More of these videos, please. It really helps as a visual learner to see it and hear your expertise while watching the trade!! Very informative!! Thank you.
The fact that these videos are free is unbelievable.
This just enhanced my understanding of auction market theory....... This Pretty much is a real world example .......
Competitive buyers enter at prices they would like to buy at
Competitive sellers enter prices they like to sell at
Price is an advertisement for an auction to gauge the level of interest for participants..
I’ve been trading since 2012 and have made over 16,000 trades. I’ve read Al Brooks books and other price action books. These videos are the best on the internet that I’ve seen, and I’ve seen hundreds. Very clear and right to the point. Put the work in, and be patient for proper set-ups. Another good book is The Mental Game of Trading by Jared Tendler. Enjoy
Fantastic vid once again. Jeff Holden has a way of explaining that makes it very understandable!
That was a great video, the live commentary with price action explanation was just needed , waiting for more such videos in future.
Hi... great video and great learning.. please continue with similar types.... thanks
backtesting with hindsight is too EZ. how about forward testing in a live environment?
Great video, thank you once more SMB.
Once I was really trading "in the zone" I found out almost the same strategy, I back tested it and it turned out very difficult to master due to that "zone" which you have to be in. (riding the waves) like you have to be in sync with the market. I called it in my playbook the "Reverse and Chase" strategy. My best run was 6 trades in a row with 4 winners in total 22,6 R profit. (and 3,8 R loss)
Its something I never use anymore but with your comments (patience) I might look into it once more.
Great Video on how to implement. That's the future of a good prodcut! Implementation.
I loved every second of this video. This was a thing of beauty. More please Jeff!
As a pyjama trader from Australia, SMB is the team I look to first as I develop my trading skills. You guys are tops in my book. G’day from your biggest fan down under!
Great video, more of this please
"Trading the price against the prior price": great illustration from Jeff of scalping mindset--
Thank you very much for sharing.🎉
Quality content as always!! 💯👍
Very good video, thanks!
Appreciate the content guys 👍
Amazing video! Much needed going into next week changes indeed
Great video, SMB is the best channel to learn from, thank you for putting out content!
Great strategy and professional tutorial
more videos like this one a lot of your videos are about persons mentality which is obviously important thank you for whole package
Well Said... it's Okay to wait for parabolic moves once in a while but more so take advantage and scalp small sure moves that most of the time reoccur in the market
Thank you for the video
Great way to get in more reps on a Saturday - awesome bar by bar. Thanks Jeff!
Very appreciative of this video, thank you.
Please do more videos like this!
Mike I am grateful for YOU and guys like especially Lance and the team. I feel like part of your work family and one day I hope to be but for now, you and SMB have really helped me to change my life to the better financially. Blessings to you all brother.
Traders pay attention ... powerful concepts here ..
One of the best. ❤
Thank you for the videos!
thank you so much
Time of Day is Key as well....
I break market into time zones...
Good clip gents, thanks
this is the kind of video I want to see more. walk through on a going trade - price action. thanks
The pattern there in my opinion is that the chart shows Big down trend, momentum through support sell off, small buy momentum, then consolidation and then big sell off again. small buy momentum, then conslidation, then sell off again. then the buyers finally come back with support. Seems to be the pattern . You could scalp 1- 5 cents during consolidation, or just ride the sell side momentum down or scalp 1-2 cents on the buy side during the sell off let the momentum come towards you by setting your buying price 1 -5 cents lower than what the current trading price is, then sell out position and make a penny or 2 on the buy side while the stock still pushes down, if you know what your doing.
Jeff is an absolute master. Thank you SMB for all the resources and knowledge you share.
I truly value the explicit connection to the strategies discussed in the seminars. Jeff's relatable analogies provide captivating visual representations without oversimplifying the information. I personally find this teaching style to be very relatable and effective. Thank you.
Around 17.5 mins in you mentioned, "we're onto a second trade." What was that trade? The break of the low of the first candle was one ... there was no suggestion to get short when it started breaking lower, rather wait for consolidation first, then a breakout.
Yet another great video from SMB 👏🏻👏🏻👏🏻🍻🍻🍻. Thanks, guys, as always!!
Thanks for the instruction…..excellently performed ❤
What time chart is he using?
my god thank u sir
These 4 setups are pretty much all I have been using in the last 3 months , up a little over 60% in my account since the scalping program came out .
what scalping program do you mean?
What is other than just price action trade only? What it does it mean?
Fundamentals
I think it is assumed but do you guys recommend using the 9 EMA line for following the trend price action?
Thanks a lot Mike for the video. A quick question what is generally recommended for such trades options or futures?
Thanks Jeff !! Great explanations. So with the Fash late scalp you can take it with checks in favor on the 9 up through Vwap and if it sets later to the short side on a 9 break of Vwap to the downside for a short on the same stock ?
The first trade you talked about offers a very low risk to reward. You put your stop at the high of the open, but took profit only one candle after the break below.
Obviously when you trade price action you watch your trade. You dont know if you are engering 1:1 trade or 1:5 trade or Break even or a loss. Thats what active price action trading is
Hi Jeff, great video. What timeframe is this? It looks shorter than a minute. Is it 30sec?
Great video SMB team. Looking forward to seeing more videos on scalping. Could you please clarify the timeframe used in this chart?
He already said it's a one minute chart in the video.
@@jameslinmd missed that, thank you.
Excellent video, felt like being coached at SMB
what stock and date was this? Thx.
Many, many stocks have been doing this pattern daily for over a month.
And has been a pattern to be aware of for 20+ years.
interesting
As always, greatly appreciate the actionable content SMB Capital provides day in - day out !
Indecador??
How come you don't have a Fibonacci on the chart? Crazy 😢
Which MA is on the chart.
9 ema. He mentions it around 13:50ish
best video by smb capital
It is easy to trade in hindsight but I've seen enough of your previous videos to know you're the real deal - thanks
thanks for sharing. Assume the purple line is VWAP, blue line is the 5 move average. what is the black horizontal line?
Support/Resistance Line
Is that a 10ema moving average please?
I think he said 9 Ema
what time are u using on the chart?
ty, very good explanation of price action
Thought that was a Hithhiker trade
I'll echo the same experience as Ice had. Recognizing this shift in the market as early as possible is critical. Flushes that used to happen before the price makes a big move up, have become the beginning of sharp downward moves. I'm not looking for reversion long entries, just the opposite.
Super nice Price action skill builder!
Thanks.
I think we all dream of being a top performing trader for SMB
But then you wake up and realized you bought the program and still trade alone in your parent’s house 🏡
@@jle92708 as long as im profitable 🤷
Drink whiskey like this guy! SELL SELL SELL BUY BUY BUY. PASS THE JACK !
the market cycles its nothing new! only new to you!
Mike, you don't even say hi when you start the video? Come on man we are your family.
🤣🤣
@@Nigerianprince.419
Bro your usermame😂
You make a good point my friend!
Make money man, these are free gems
The guy gives you constantly good quality information and you're stuck on the missing Hi at the start of the video?
If you are family you don't care about this kind of things...
☦🙏❤🕊
LEGIT
*Cough* Power hour
Sharks don't say hi... They just eat ya!
make video short and focus on key points , you guys talk shit too much
Greatest scammers of all time.
Agreed
This trader is bullshit...change it