DO NOT COUNTERTREND LEVEL 3 TRADES

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  • เผยแพร่เมื่อ 11 ธ.ค. 2024

ความคิดเห็น • 45

  • @volf5304
    @volf5304 2 ปีที่แล้ว +2

    Hi Stacey, I used to take my trades on the 15mn Chart when i stated learning this system, but now im loving the 1mn Chart OMG! what a move this morning on nas100 in the NY session after an inside day yesterday. Im in the US im able to trade at that time, which i know is much later for you. stop hunt after consolidation 10:32 at 50 and another entry at 00 at 10:52. I said to myself, Stacey would hit that lol so we did! playbook set up. Timing is the most important!! Thank you so much for teaching us the way👌🏿

  • @tobetb
    @tobetb 2 ปีที่แล้ว +1

    gbp/jpy yesterday was textbook Stacey teachings, trapped 3rd lvl (day) volume, explosive move down taking out all the prior peak formation low wicks on the way down... love your teaching Stacey!

  • @nchamphilipfultang131
    @nchamphilipfultang131 2 ปีที่แล้ว +5

    Thank you Stacey, thank you for gifting us all this wealth of knowledge you paid so much to learn. Your dedication towards teaching and mentoring is amiable. I am not a profitable trader yet but what you have done already, is change my mindset completely. I am still answering the question you asked. "What is your best setup?" I am doing my homework practicing on demo; I have blown enough live accounts already but I am happy things are about to change. I can feel it. Thank you

  • @MrPhadraig
    @MrPhadraig 4 หลายเดือนก่อน +1

    Thank you 👍

  • @joycelynnnelson9316
    @joycelynnnelson9316 2 ปีที่แล้ว +1

    Stacey Burke…you are a BAD MAN!!! Fantastic Content!!!

  • @pocwave445
    @pocwave445 2 ปีที่แล้ว +1

    Fantastic, last two weeks an accelerated class.

  • @Adam-zd2bk
    @Adam-zd2bk 2 ปีที่แล้ว

    Thanks again Stacey. Keep hammering it home. These regular daily gold reviews are a big help to see how you saw things after watching it live myself.

  • @ZeroToProfitable
    @ZeroToProfitable 2 ปีที่แล้ว +1

    I made this mistake today trying to counter trend trade US30 and Nas lol but im glad to be recognizing what im doing wrong. will continue to study this until i get it.

    • @StaceyBurkeTrading
      @StaceyBurkeTrading  2 ปีที่แล้ว +1

      You've got this Zero. Don't countertrend Nas. Just stick to one or two setups that are your highest probability setups, look for them at the timings specifically and avoid all the other times.

    • @ZeroToProfitable
      @ZeroToProfitable 2 ปีที่แล้ว

      @@StaceyBurkeTrading you're right. will keep at this till everything clicks. thank you.

  • @harikhanal5802
    @harikhanal5802 2 ปีที่แล้ว +1

    7:00 legend

  • @harikhanal5802
    @harikhanal5802 2 ปีที่แล้ว

    numbers and timing are so amazing thanks coach

  • @siphiwesibeko1287
    @siphiwesibeko1287 2 ปีที่แล้ว +1

    hey Stacey i am getting promising results from you strategy, thank you once more, great teachings

  • @delanobailey1151
    @delanobailey1151 2 ปีที่แล้ว +4

    Love your concept man. I see so much value here, but i am still trying to wrap my head around this concept. I know i will be watching your old videos for months to come and try to extract as much knowledge as possible. Keep on killing it champ

    • @davidmiller-zf8zl
      @davidmiller-zf8zl 2 ปีที่แล้ว +1

      It took me about 3 months of daily watching/chart review for it to "click" for me. I was a losing trader for 2 years prior to Stacey. Now i'm a breakeven trader. In the coming months/year i expect to finally find profitability. All thanks to this youtube channel. Stacey is truly a hidden gem in a sea of snakes.

    • @delanobailey1151
      @delanobailey1151 2 ปีที่แล้ว +1

      @@davidmiller-zf8zl Good luck on the journey bro

  • @opionetics
    @opionetics 2 ปีที่แล้ว +1

    Hi Stacey, I am struggling to understand what we need to see to identify when a PF (Pek Formation) has been locked in, could you please touch on this in a bit more detail - (Is it simply a failed re-test of the PF)? thx.

  • @raihan7006
    @raihan7006 2 ปีที่แล้ว +1

    Thanks

  • @jimwilson2953
    @jimwilson2953 2 ปีที่แล้ว +1

    Thank you coach

  • @thapelokobedi4956
    @thapelokobedi4956 2 ปีที่แล้ว +1

    We here

  • @aocrecords6949
    @aocrecords6949 2 ปีที่แล้ว

    Great video..
    Quick question though .what scenario would you mark the high bull candle instead of the wick also low bear? Thank you

  • @svisionz760
    @svisionz760 2 ปีที่แล้ว +1

    I’m always learning something new lol

  • @renardonelson5435
    @renardonelson5435 2 ปีที่แล้ว +1

    Hey Stacey do you have different sweet spot number adjustment for the oil chart ?

    • @jdtrading4465
      @jdtrading4465 2 ปีที่แล้ว +1

      If I remember correctly, Stacey mentioned in a previous video that they are 125pip boxes/levels instead of 25's

    • @renardonelson5435
      @renardonelson5435 2 ปีที่แล้ว

      @@jdtrading4465 thank you.

  • @a1sheen205
    @a1sheen205 2 ปีที่แล้ว

    How do we get this template

  • @wittepens1
    @wittepens1 2 ปีที่แล้ว +1

    After a level 3 trade, how long has price to go sideways to be considered as consolidation?

    • @StaceyBurkeTrading
      @StaceyBurkeTrading  2 ปีที่แล้ว +1

      HAs to do with the timing of the consolidation, and the the type of move. Was it vertical, creeping trend etc, and has the next session started yet or not? If the session is in progress, don't countertrend.

  • @herbbush2385
    @herbbush2385 2 ปีที่แล้ว +1

    👌🏾👍🏾💪🏾

  • @jetskipapi6193
    @jetskipapi6193 2 ปีที่แล้ว +1

    If I am understanding correctly, if price goes to the .75-100 then I need to wait for consolidation before considering a short...If price goes below .25-.00 then I need to wait for consolidation before considering long?

    • @StaceyBurkeTrading
      @StaceyBurkeTrading  2 ปีที่แล้ว +1

      Yes, but also you can have continuation trades. Session timings and weekly template helps you determine your thesis. Remember, you aren't trying to "catch the move," what does your best trading setups look like?

    • @jetskipapi6193
      @jetskipapi6193 2 ปีที่แล้ว

      @Stacey Burke Trading thank for the response...My best setups are breakouts from consolidation...If the pair is trending I look for a break of consolidation in the trend direction...I struggle with reversals, but I will get it soon.

  • @mikechan651
    @mikechan651 2 ปีที่แล้ว +1

    Hi Stacey, , thanks for the explanation. can i confirm with you that, the level 3 you talked about in this video is not the same as the day 3 level 3 in the weekly template you talk about in other videos??

    • @StaceyBurkeTrading
      @StaceyBurkeTrading  2 ปีที่แล้ว +1

      Watch today's video Mike. I cover all of that.

    • @mikechan651
      @mikechan651 2 ปีที่แล้ว

      Thanks Stacey!

    • @ayashdwibedy4183
      @ayashdwibedy4183 2 ปีที่แล้ว

      What video is Stacey referring to in regard to level 3 confusion Mike?

  • @nickjohns1192
    @nickjohns1192 2 ปีที่แล้ว

    Another great video buddy.
    Can't believe people can't wrap their heads around the 3 level.. youl have to do a video for them and spoon feed em information 🤦

  • @darthtrader7605
    @darthtrader7605 2 ปีที่แล้ว +1

    your explaination of pips is confusing with gold. gold moves like 1000 pips a session.

    • @StaceyBurkeTrading
      @StaceyBurkeTrading  2 ปีที่แล้ว

      100... drop the last pippette decimal

    • @darthtrader7605
      @darthtrader7605 2 ปีที่แล้ว

      @@StaceyBurkeTrading can you extrapolate? Gold is 1 pip per .01 so 100 pips is $1 dollar. Gold has a daily atr of $27 on average. So when you say it’s a 100 pip day I’m confused.