How to Use the Weekly Open Like a Professional Trader

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  • เผยแพร่เมื่อ 30 ม.ค. 2025

ความคิดเห็น • 55

  • @romankonstantin2081
    @romankonstantin2081 2 ปีที่แล้ว +73

    Man, so many lines! This is why I’m reluctant at joining crypto/forex trading, you don’t even understand what you see 😔

    • @andrewdonkelly3187
      @andrewdonkelly3187 2 ปีที่แล้ว +1

      😆, I felt same at first till I made some findings. You don’t need to venture into forex/crypto trading on your own especially when you have little or no knowledge about it. All you gotta do is get professional help and a start up capital and you’re good to go!

    • @sanbede775
      @sanbede775 2 ปีที่แล้ว

      @@andrewdonkelly3187 hello, are you a professional trader? I need your help

    • @romankonstantin2081
      @romankonstantin2081 2 ปีที่แล้ว

      @@andrewdonkelly3187 do you have any recommendation? I’m ready to do what it takes to start earning money from this business starting now! Please help friend

    • @andrewdonkelly3187
      @andrewdonkelly3187 2 ปีที่แล้ว

      Oh yes, I do. I can’t pretend to be what I’m not. I’ll refer you to Ryan Haiss. He is exceptional when it comes to analyzing the market and handling trades for students.

    • @romankonstantin2081
      @romankonstantin2081 2 ปีที่แล้ว

      @@andrewdonkelly3187 alright. How do I get in touch with him? Any social link?

  • @secretchef29
    @secretchef29 3 หลายเดือนก่อน

    This is what I've been trying to figure out in my brain but you really cleared things up and made my thinking possible 🎉 thank you so much

  • @zebronmario3525
    @zebronmario3525 2 ปีที่แล้ว +3

    I was just working on a strategy using the weekly candle and I did a search on TH-cam to see if there is someone with a similar strategy. Then boom found the best tool ever👌

    • @TradeProAcademy
      @TradeProAcademy  2 ปีที่แล้ว

      That's great to hear! We are glad you found this helpful. Stay tuned for more videos like these.

    • @zebronmario3525
      @zebronmario3525 2 ปีที่แล้ว

      @@TradeProAcademy Though i have an issue , when i choose that indicator i'm getting an outo trendline

  • @fearless8352
    @fearless8352 2 ปีที่แล้ว +3

    You have no idea how much this helped me. I trade crypto and there are SO many wicks and opens it gets super confusing. This indicator then does everything automatically for me. Great stuff, thanks so much!!!

    • @TradeProAcademy
      @TradeProAcademy  2 ปีที่แล้ว

      We're so glad we could be of help to you! Don't forget to subscribe to our channel to get notified every time we upload such videos!

  • @kplekeba
    @kplekeba ปีที่แล้ว

    Many thanks Mark, still relevant and helpful in 2024, and the blog was helpful too.....may God Almighty richly bless

  • @haywisemichael4509
    @haywisemichael4509 2 ปีที่แล้ว +1

    This is the best video I've ever watched. Thanks man!! WOW

    • @TradeProAcademy
      @TradeProAcademy  2 ปีที่แล้ว

      That's great to hear! Stay tuned for more amazing trading content!

  • @Omarsalimmind
    @Omarsalimmind ปีที่แล้ว +1

    I like how you explained everything 3 times thanks for sharing..

  • @dripincooperation4423
    @dripincooperation4423 6 ปีที่แล้ว +3

    From Jamaica and love your strategy

  • @williamshephard8775
    @williamshephard8775 6 ปีที่แล้ว +3

    Excellent video Mark, will definitely use this tool in my strategy. Thanks for sharing brother.

    • @TradeProAcademy
      @TradeProAcademy  5 ปีที่แล้ว

      Thanks for your continued support WIll! - Mark

  • @peterafinotan8798
    @peterafinotan8798 5 ปีที่แล้ว +4

    This is really great stuff, Mark. Many thanks for sharing.

    • @TradeProAcademy
      @TradeProAcademy  5 ปีที่แล้ว

      Thanks for taking the time to watch and comment Peter! Your support is greatly appreciated! Cheers - Mark

  • @R.S.I.Master
    @R.S.I.Master 2 ปีที่แล้ว

    Finally I found this video.... Thanks bro....

  • @BillionaireDubaii
    @BillionaireDubaii 3 ปีที่แล้ว +2

    Wow thank you ! Very simple !

  • @fekasng2010
    @fekasng2010 6 ปีที่แล้ว +2

    Nice one tradepro.. Can this strategy work on daily open as well.. Thanks.. I saw your using m15 and h1 as entry base on the weekly open.

    • @TradeProAcademy
      @TradeProAcademy  5 ปีที่แล้ว +3

      Hey Ifeanyi. You can definitely use this concept on the daily open if you are expecting a bullish or bearish session for the coming day! Thanks for watching!

  • @rnzkq3h5
    @rnzkq3h5 6 ปีที่แล้ว +3

    Great strategy do you have a strategy for daily opens.?

    • @TradeProAcademy
      @TradeProAcademy  5 ปีที่แล้ว +2

      Hey Tony, thanks for watching! The same concept can be applied to the daily open if you are expecting the next day to be bullish or bearish! Especially if the market is already above or below its weekly open!

  • @IfexcoPlus
    @IfexcoPlus ปีที่แล้ว

    Thank You

  • @ghghana5182
    @ghghana5182 3 ปีที่แล้ว

    Why are the lines where they are I used the indicator but a lil confused where to draw lines you have here on your graph

  • @klsdfcrbedwhsjdcfrew
    @klsdfcrbedwhsjdcfrew 2 ปีที่แล้ว +1

    Holy shit you might’ve just changed my life

  • @nq6417
    @nq6417 6 ปีที่แล้ว

    Which open are you using on the indexes? Is it the 6pm EST or the 930am EST?

    • @TradeProAcademy
      @TradeProAcademy  5 ปีที่แล้ว

      Hey Greg. Thanks for commenting! We use the 6 pm EST open on Sunday evening for the weekly open on indices!

  • @waltermoilwa
    @waltermoilwa 5 ปีที่แล้ว +1

    Nice vid, it looks like you're using an 1hourly chat, is there a specific reason for that?

    • @TradeProAcademy
      @TradeProAcademy  5 ปีที่แล้ว

      Hey Walter, the 1h chart is a good intermediate period between a 1 day and a more active one like 5 mins. You see trends more smoothly, yet you can still plan areas where you will make an entry. It's a very powerful timeframe, in fact it's best applied doing a multipe time frame analysis approach. Here is a blog post we wrote on this that will help you a ton: tradeproacademy.com/blog/forex-price-action-trading/
      Hope this helps. I send you love, joy and happiness. - George

    • @waltermoilwa
      @waltermoilwa 5 ปีที่แล้ว

      @@TradeProAcademyThanks for the link with the info, ill check it out. One last thing, is it advisable to use 1-HR chats for Daily open analysis as well?

    • @TradeProAcademy
      @TradeProAcademy  5 ปีที่แล้ว

      @@waltermoilwa You can still use the 1HR chart on the daily open to map out levels and bias, however, this would be more suited towards day trading. For trade execution, I would drop down another timeframe into maybe a 15 or 5 minute to time the entry. Cheers - George

  • @ghost-ict
    @ghost-ict 2 ปีที่แล้ว

    Why don’t you use previous week high low indicator and. Wait for a confirmation to enter

  • @smalltugz
    @smalltugz 4 ปีที่แล้ว +3

    I have noticed that the weekly open really does act as some sort of key level for that week, price re-acts even to the previous weeks open as well

    • @TradeProAcademy
      @TradeProAcademy  4 ปีที่แล้ว +3

      Absolutely - weekly levels, also daily highs, lows and prior day closes overlayed on the following day are clutch. These are levels of trapped traders and open positions - very key to find high probability trades.

    • @jamesmurray5345
      @jamesmurray5345 3 ปีที่แล้ว

      @@TradeProAcademy are you trading the previous weeks candle?

  • @dripincooperation4423
    @dripincooperation4423 6 ปีที่แล้ว +3

    Am 1 year in forex 🙏

  • @jamesmurray5345
    @jamesmurray5345 3 ปีที่แล้ว

    What are the purple lines this is throwing me off. Is it the very low and the very highs.

  • @dzonikx
    @dzonikx ปีที่แล้ว

    pls use obs

  • @andredompaul
    @andredompaul 9 หลายเดือนก่อน

    should of stayed in the Atlantic !!