Does the third hour during Newyork session count start from the opening of the next 1hr candle ? Or directly once it open ? Because it opens during the 1 hour candle
guys this doesnt happen over night ive been following stacey for 4 years and applying his teachings.. still a rookie in the game. lots to learn but lots of growth. please lock in to the basics thats all trading is.. im a profitable trader bc of youtube and ppl like stacey! guys stay locked in! im 3 years into live account trading. dont break your bank to get into trading do and deposit what u can and learn learn learn from yourself..keep your data.. and keep your head. trust me it will click if u give yourselves time to digest the teachings and forward testings. much love from austin texas
The most hard working and dedicated mentor alway thinking and constantly guiding his student and show us the path of trading . After meeting a lot of guru so far he is the BEST !! Thank you Stacey
Thank you for kind attention, I have subscribed the play book, Stacey may I know whether I still need to go thru your video list. I am grateful that you have compiled so many wonderful video it is very useful and helpful
On gold, friday was a dump, monday FGD , during Tuesday was a nice pump during new York session, but in the big picture,, tuesday looks like a rectangular consolidation even though it pumped up during new york session,, could it be a continuation for the FGD setup or it was accomplished on the pump during Tuesday ? And now we are in a new cycle
Tuesday threw me off as well. Was not sure if it was a FGD or not. Could have sworn SB said in one of his videos that the signal - FGD or FRD - has to be properly outlined with price clearly above or below the opening price.
@@tuzoma the FGD signal which was Monday did close above the opening price with almost 3 levels of rise,, but i am not sure if the pump that we are waiting for was during NewYork session on Tuesday, or the market is preparing for it on Thursday if we counted Tuesday and Wednesday as a consolidation days ( pump , consolidation, pump ), but then its a four days setup. After watching more than 15 videos for SB on this chanel, I bought the setup notebook course today and I am still studying it, maybe thats why i am still confused
On gold also you can find a FRD setup, Tuesday made a pump making HOW, Wednesday is FRD,, today on Thursday it might dump down to the LOW during NewYork session .. that huge dump they made on Monday to 2326 is for a reason i guess.
Excellent technical video. You have simplified the arcane world of forex trading into a simplified but very potent art form . Thank you for your excellent work and all the knowledge that you have graciously shared.
In terms of timings do we also need to implant the mindset of using the clock to time a BTS like a boxer would time a KO instead of simply looking at the time in the market. I noticed that the end of the hour give good trades after a 3 hour pump and dump at HOD LOD LOW HOW. Is that a good starting point? I really want to master trading BTS and eliminate all the garbage!
Hey guys, anybody know how to treat the contract updates since they change price, do the previous days highs and lows/closures still valid and respected?
Looking back at some of my trades I came to the thought that everyday is an inside day😭, it’s all order flow until the market breakout that’s when all the action happens. It’s really simple if you think about it. Market breakouts out who’s in the market. OTF Traders, Breakout Traders, Did it Reverse? (trap the Breakout Traders)etc. From that point on it’s the start of a possible bts it makes sense now! Work from the OUTSIDE😂🙌🏾
im getting really good at reading the market following your templates...unfortunately my exucution stinks as i still dont trust myself!! 1% better every day is a win :/
I was waiting for the gold short today. They worked the high between 8 and 10 am before selling off. The previous day the set the high between.9 and 11 am. As soon as they took out the London high I entered short. I banked 300 ticks after it took out yesterday's London and New York sessions.
There are a couple of ways, the first and best is to buy into the engulfing candle above the 20 ema while price is still in the coil and the other is treat a break above the coil as a buy signal because traders who went short in the coil will be trapped below as soon as price breaks above the coil.
I mostly trade the coils, and very specific ones. Oil had a good example today. See the lower low at 9:15 and the subsequent higher low? That's where I start counting. That's my range. Watch for the higher low that exceeds 50% of that range I just mentioned, followed by a higher low without breaking the range. The next higher low (typically 50% of the second inside range) is my trigger point after it makes a final lower high. Basically 1-2-3 make money. It shows up repeatedly on every timeframe. Timings and levels are important things tied into the successful setups though. You'll see that this exact same pattern played out as a Day 0(Monday low/Tuesday high, consolidation dump) three day setup. Just one big coil.
Not able to see the replies to my comment guyz. I have gotten two alerts on my phone saying that two people replied but when I clicked it it showed me my comment with no replies 😢. Not sure what's happening... Could you guys please post them as a new comment? I'll try and find them. Thanks guyz, I appreciate you guyz taking the time to reply
The realist trading channel on the entire TH-cam server 💪🏽💯
I appreciate that Marvelous! Thank you
💯
@@StaceyBurkeTrading 💪🏽💪🏽✅
Mmmm, the level of knowledge shared is unrivalled
@marvelousAura, I also trade the FGD/FRD, but I struggle with entry can you share how you do it
Only Mentor I’ll ever need. Wish I would have found you earlier but aye everything happens for a reason and at the proper TIMING!
I appreciate that Mogul! Thank you
So true
Another banger. Nailed Gold as well as Dow in the Third hour. Normally never trade more than one market at a time but today was a day to make $$$.
Unfortunately I went out for that third hour
Does the third hour during Newyork session count start from the opening of the next 1hr candle ? Or directly once it open ? Because it opens during the 1 hour candle
guys this doesnt happen over night ive been following stacey for 4 years and applying his teachings.. still a rookie in the game. lots to learn but lots of growth. please lock in to the basics thats all trading is.. im a profitable trader bc of youtube and ppl like stacey! guys stay locked in! im 3 years into live account trading. dont break your bank to get into trading do and deposit what u can and learn learn learn from yourself..keep your data.. and keep your head. trust me it will click if u give yourselves time to digest the teachings and forward testings. much love from austin texas
Thank you 👍
This video is a gem! Thank you for taking the time and effort!
I appreciate that Jaghan! Thank you!
I stick to Wed/Fri - no stress! Day 1,2,$3; And I'm trading futures!
Stacey you outdid yourself in this video there is every think you teach in it will be watching over and over in the weekend thank you for making this
I appreciate that Enzo! Thank you!
Haha Just when I wondered about your promise for a technical vid... Let's get specific ✨
Thank you Sandy!
I was patient when day 2 didnt tag me in at the 50 pip level. But day 3 tagged me in by the wick. Blues all the way 🤗 thanks SB
thank you Stacey! silver and then oil for me today. too easy. there’s no looking back 😂
Great trading Vapor! Oil was an awesome setup!
unmatched mindset reset❤🔥, best in the world
I appreciate that Conor! Thank you!
Thank you Coach
I appreciate that XQ! Thank you
16:32 that was a $10 move on Gold. At $10 per tick per GC contract, that was a $1000 move on 1 contract.
Great mentor...❤❤❤
The best mentor I've ever had since 2018 when i was first introduced to trading 😂 thank u so much stacey for the knowledge 🙌🙌🤑
I appreciate that Nokha! Thank you
Texas Tea ,,,
Black Gold ,,,
FTW
💪⭐⭐⭐⭐⭐💪
Didn't have time to go over oil...so simple it's ridiculous. 1 H from the low, 2 H 3...DUMP... beautiful range expansion. Nice one brother!
Well Noted Coach!
Cheers Clifford!
Great stuff
I'll get to Ireland one day soon Joseph! Hope you had a great day! I want to visit where my family came from.
The most hard working and dedicated mentor alway thinking and constantly guiding his student and show us the path of trading . After meeting a lot of guru so far he is the BEST !! Thank you Stacey
I appreciate that Samnah! Thankyou!
Thank you for kind attention, I have subscribed the play book, Stacey may I know whether I still need to go thru your video list. I am grateful that you have compiled so many wonderful video it is very useful and helpful
thx Mr Burke
Yes, we can count to three❤❤❤, Thanks champ
You too Gakuna! Thank you
Thanks for more clarity, Indeed I'm 1% better everyday. 😀🤑👌😀👌🤑😀👌🤑
On gold, friday was a dump, monday FGD , during Tuesday was a nice pump during new York session, but in the big picture,, tuesday looks like a rectangular consolidation even though it pumped up during new york session,, could it be a continuation for the FGD setup or it was accomplished on the pump during Tuesday ? And now we are in a new cycle
Tuesday threw me off as well. Was not sure if it was a FGD or not. Could have sworn SB said in one of his videos that the signal - FGD or FRD - has to be properly outlined with price clearly above or below the opening price.
@@tuzoma the FGD signal which was Monday did close above the opening price with almost 3 levels of rise,, but i am not sure if the pump that we are waiting for was during NewYork session on Tuesday, or the market is preparing for it on Thursday if we counted Tuesday and Wednesday as a consolidation days ( pump , consolidation, pump ), but then its a four days setup.
After watching more than 15 videos for SB on this chanel, I bought the setup notebook course today and I am still studying it, maybe thats why i am still confused
On gold also you can find a FRD setup, Tuesday made a pump making HOW, Wednesday is FRD,, today on Thursday it might dump down to the LOW during NewYork session .. that huge dump they made on Monday to 2326 is for a reason i guess.
Great video! Thank you!
I appreciate that Stanmar! Thank you
Thanx alot sir. Your lessons have transformed my trading career. ❤❤
Glad to hear that Mzkhe! Keep it going!
Excellent technical video. You have simplified the arcane world of forex trading into a simplified but very potent art form . Thank you for your excellent work and all the knowledge that you have graciously shared.
I appreciate that Femi! Thank you
Thanks so much Stacey. The third hour ,do you count from 8 NYT ?
I'm starting to learn how to count to 3
Very real today Gold broke to the downside in the 5M now it's consolidating to the long breakout london or New York sessions 🎉
Stacey how do you determine day 1
In terms of timings do we also need to implant the mindset of using the clock to time a BTS like a boxer would time a KO instead of simply looking at the time in the market. I noticed that the end of the hour give good trades after a 3 hour pump and dump at HOD LOD LOW HOW. Is that a good starting point? I really want to master trading BTS and eliminate all the garbage!
Hello, on what time zone are your charts set? Would be convenient to have it set on ET, Eastern Time. Thanks.
New York Time...that is all you need to be concerned with
@@StaceyBurkeTrading Thank you for your feedback. I think your charts are not New York time, so it is a bit confusing to follow your explanation.
monday the exact pattern
Would the breaking of a high of day level not be a sign of strength making it a worse candidate for shorting?
In a broken down market. WHAT DAY IS IT? WHAT IS THE SETUP?
Hey guys, anybody know how to treat the contract updates since they change price, do the previous days highs and lows/closures still valid and respected?
I just stay with the spot market for reference, even though I trade futures- it never changes- you know where the 00, 25, 50 levels always are-
Same with what siggy said.
Looking back at some of my trades I came to the thought that everyday is an inside day😭, it’s all order flow until the market breakout that’s when all the action happens. It’s really simple if you think about it. Market breakouts out who’s in the market. OTF Traders, Breakout Traders, Did it Reverse? (trap the Breakout Traders)etc. From that point on it’s the start of a possible bts it makes sense now! Work from the OUTSIDE😂🙌🏾
The more simple and specific you get Yo, the more specific and consistent your results will be! Great job!
im getting really good at reading the market following your templates...unfortunately my exucution stinks as i still dont trust myself!! 1% better every day is a win :/
Stacey, how can i get the playbook which you referred in this video?
You can access it here Bilal: stacey-burke-trading.thinkific.com/courses/Best-Trade-Setups-Playbook
Stacey what timeframe are you using
is the 3rd hour 7-10 new york time?
I was waiting for the gold short today. They worked the high between 8 and 10 am before selling off. The previous day the set the high between.9 and 11 am. As soon as they took out the London high I entered short. I banked 300 ticks after it took out yesterday's London and New York sessions.
Pls use trading view and remind us which Time Zone are you referring to
I use MT4, like it or not, New York Time is the only time you need to be concerned with
Does this method work on a trending Market?
What's the easiest to consume video on this topic?
Stacey, How does one tell when a coil is about to accelerate? Having trouble firguring this out.. Thanks
There are a couple of ways, the first and best is to buy into the engulfing candle above the 20 ema while price is still in the coil and the other is treat a break above the coil as a buy signal because traders who went short in the coil will be trapped below as soon as price breaks above the coil.
Level, Time and price action
I mostly trade the coils, and very specific ones. Oil had a good example today. See the lower low at 9:15 and the subsequent higher low? That's where I start counting. That's my range. Watch for the higher low that exceeds 50% of that range I just mentioned, followed by a higher low without breaking the range. The next higher low (typically 50% of the second inside range) is my trigger point after it makes a final lower high. Basically 1-2-3 make money. It shows up repeatedly on every timeframe. Timings and levels are important things tied into the successful setups though. You'll see that this exact same pattern played out as a Day 0(Monday low/Tuesday high, consolidation dump) three day setup. Just one big coil.
Not able to see the replies to my comment guyz. I have gotten two alerts on my phone saying that two people replied but when I clicked it it showed me my comment with no replies 😢. Not sure what's happening... Could you guys please post them as a new comment? I'll try and find them. Thanks guyz, I appreciate you guyz taking the time to reply
What TIME IS IT?
Watching on vacation in Thailand. It’s nice trading out here enjoying the view. Thank you Stacey
Have a great holiday Tony! Love it!
Zig zaggy LOL
❤❤❤