Make a Living in 1 Hour a Day Trading the 3 Bar Play!!

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  • เผยแพร่เมื่อ 23 เม.ย. 2019
  • #Stocks #Trading #Investing
    Stop over complicating your trading. It doesn't have to be so confusing. Keep it simple!! Simple is profitable!
    www.livetraders.com
    Email: jared@livetraders.com
    $1, 14 Day Trial to the Live Traders Chat Room: Link Below:
    t1rk.com/JQ8bZ
    Day in the Life of a Trader Video - • Day in the Life of a M...

ความคิดเห็น • 7K

  • @user-dj1ey2dp3b
    @user-dj1ey2dp3b 4 ปีที่แล้ว +13

    Man I just got started. Stumbled around in the market, gained, lost and asked myself, what am I doing wrong? Read articles, advises, watched videos and found this one here.
    The morning after, I started this technique, watching the pre-market, found my stock with much volume, read some news about the company, waited at the opening for the bars to come up and gained 10% of my inset in 30mins.
    Can’t believe what happened there and started to go to your other videos, hoping the next day will bring up something similar.
    Love you! Keep it going and stay grounded as you are!
    Thank you

    • @Live.Traders
      @Live.Traders  4 ปีที่แล้ว +8

      Awesome...just please take it slow and go SMALL...don't risk a lot of money. Never lose more than $10 per trade when you're new. Cheers!

  • @shahinrab
    @shahinrab 3 ปีที่แล้ว +338

    1. No strategy is completely trusted until you show when and how it fails.
    2. It would make more sense to talk in percentage, not $
    3. It is relatively easy for people to get in than get out. You discuss the entry point. What is your exit signal?

    • @goodbyemr.anderson5065
      @goodbyemr.anderson5065 3 ปีที่แล้ว +27

      He says the profit target multiple times. Thats why hes giving you the rusk on your money.
      Are you stupid, or did you not watch the video.

    • @shahinrab
      @shahinrab 3 ปีที่แล้ว +6

      ​@@goodbyemr.anderson5065 Examples of targets, please. Like exact rally length in %. Give me video bookmarks since obviously I have missed them.

    • @martonvirraszto4774
      @martonvirraszto4774 3 ปีที่แล้ว +11

      @@shahinrab Hi. Jared uses a 2 to 1 target most of the time. So take profit target is simply two times your stop size.

    • @shahinrab
      @shahinrab 3 ปีที่แล้ว +15

      @@martonvirraszto4774 Thanks. That answers my last question, although not very clear from the video. Any idea about when and how his 3-4 bar strategy fails?

    • @vitalx8956
      @vitalx8956 3 ปีที่แล้ว +1

      Great question

  • @notacommunist2595
    @notacommunist2595 3 ปีที่แล้ว

    This 3 bar video has been the most helpful video I've watched. Very thankful for this free info and gains from following these easy straight forward strategy. I've told all on my friends to come to this channel so I'm doing my part to spread the good word. Thanks a million (or a few hundred k)

  • @sindreg729
    @sindreg729 3 ปีที่แล้ว +3

    Simplest video i have ever watched about trading! You got my respect and subscribe for making this so easy to understand!

  • @mr.fetching2267
    @mr.fetching2267 3 ปีที่แล้ว +599

    This guy looks like my very first world of Warcraft character.

  • @crymedusa
    @crymedusa 4 ปีที่แล้ว +278

    Tried this out. Decided to trade with the candlestick patterns that I never really understood too well before, did much quicker "in and out" trades, and so far, it's working. Much better than what I've been doing previously. Keeping it simple definitely pays off a lot more, Love this video. Thank you for posting this for free, people seem to take that for granted sometimes.

    • @mattbuddy6803
      @mattbuddy6803 4 ปีที่แล้ว

      What platform are u using? if u don't mind.

    • @qifry5367
      @qifry5367 4 ปีที่แล้ว +2

      @@mattbuddy6803 all trader use metatrader 4 dude but different broker

    • @ItsAmill
      @ItsAmill 4 ปีที่แล้ว

      Cry Medusa how’s the 3-4 method been working for tou

    • @ItsAmill
      @ItsAmill 4 ปีที่แล้ว

      You

    • @crymedusa
      @crymedusa 4 ปีที่แล้ว +10

      @@ItsAmill Been using them for making option calls, I've placed some across snap and MSFT. With a single snap option i bought after a dip and using the pattern shown for when would be a good time to buy again, it made me over $100 overnight, on one option. If I bought multiple shares, each of them at around $1.04 when I purchased, I could have multiplied those each by another $100 per share. Deciding not to be greedy and trade smarter lately though, so I've been doing one at a time every day or two, and making steady profits while holding some long calls.

  • @At0sch
    @At0sch 2 ปีที่แล้ว +1

    Your style is awesome, you not only manage to convey this content to me perfectly, but also make me laugh all the time. You're entitled to every fucking penny you own, keep doing good work

  • @robbmadej5571
    @robbmadej5571 ปีที่แล้ว

    Have say your edu video was and is a top notch- great info, great delivery and easy to follow along with no fluff! I am subscribed and following. Thanks and taking this to my trading perspective

  • @axiomloves21
    @axiomloves21 5 ปีที่แล้ว +14

    Jared you are a friggin genius!! You are the best. I love your keep it simple strategy!

  • @thedeadnotsleeping
    @thedeadnotsleeping 4 ปีที่แล้ว +15

    This is the type of learning I appreciate. You speak like my old football coach and it resonates.

  • @georgepena8121
    @georgepena8121 3 ปีที่แล้ว +1

    Thanks for the tip.. no BS straight to the point , I am studying all of your videos !!

  • @starbrightpools
    @starbrightpools 3 ปีที่แล้ว +1

    Thank you. I love how to explain the candles. This is going to help me so much. Ty!!!!

  • @RawNoLimits
    @RawNoLimits 5 ปีที่แล้ว +23

    So many great things about this video: the in depth breakdowns, the raw talking style, the success in the approach without it being "fake motivation," and the overall authentic inspiration it provided me to keep going on this day trading sh*t.

  • @pablo_x_11
    @pablo_x_11 4 ปีที่แล้ว +8

    Found your channel looking to get into day trading and this video was very insightful and helpful thank you for that

    • @Live.Traders
      @Live.Traders  4 ปีที่แล้ว +1

      Thanks!
      th-cam.com/video/xEjUd82NVVg/w-d-xo.html

  • @Drone256
    @Drone256 3 ปีที่แล้ว +22

    "Mind the gap" makes more money on each of your charts than your trading strategy. Just trade in the direction it gaps. That won't work in practice but it works on your cherry picked charts.

    • @linearfish7151
      @linearfish7151 3 ปีที่แล้ว +2

      Trading the retracement of the gap is far more probable. Unless it's a big gap i.e. greater then 100% of previous days range. I think his statement on that was bad information but he can get away with it because he qualified it by basically saying large gaps continue trending which is also true, but there are more smaller gaps and those retrace far more then large gaps keep trending.

    • @jenny120706
      @jenny120706 3 ปีที่แล้ว

      I was thinking the same thing. What if you start trading without a gap. I think it doesn't work for forex or futures?

  • @alvilimani573
    @alvilimani573 3 ปีที่แล้ว +17

    Trading options on this strategy can make you so much more money just buy in the money everytime

    • @ekkiteboarder5502
      @ekkiteboarder5502 2 ปีที่แล้ว

      Can't you make more than 3 trades a week if you do that too?

    • @zachrhea9976
      @zachrhea9976 2 ปีที่แล้ว +6

      @@ekkiteboarder5502 just make a cash account and you’ll be able to make as many day trades as you want

    • @cuppajoe2
      @cuppajoe2 2 ปีที่แล้ว

      Yeah until you lose everything.

    • @Sophilet1984
      @Sophilet1984 10 หลายเดือนก่อน

      @@cuppajoe2another guy who probably blow up his account,no risk management at all poor little thing

  • @noalvik157
    @noalvik157 4 ปีที่แล้ว +7

    Love the vid! Thank you so much for explaining this in a way that is so easy to understand. Keep up the good work!

  • @0xArjay
    @0xArjay 3 ปีที่แล้ว +34

    This just IGNITED my passion for financial freedom. I currently own 4 properties and still work a full time job but dream to quit corporate and live my life. I watched this whole video and you just spoke directly to me lol

    • @tobymulder4105
      @tobymulder4105 3 ปีที่แล้ว +2

      I'm loving how you call financial freedom your passion :') I guess I'm a really passionate person then LOL :P

  • @aaronboyette1936
    @aaronboyette1936 ปีที่แล้ว +1

    Good stuff! Your videos are always worth the time to watch. I was wondering if you have any videos specifically discussing volume? It seems like a simple concept to me but when I put volume indicators on a chart, I'm not quite sure what I'm looking for before the trade executes. Thanks for any help jared!

  • @11Accor
    @11Accor 3 ปีที่แล้ว +3

    I love this strategy simplicity. No bs. Find pattern, and take trade. Subbed!

  • @claudje7130
    @claudje7130 4 ปีที่แล้ว +6

    Hey thank you man for this amazing tutorial,was a blessing for me.
    I've learned so much more after this video.Again thank you!!

    • @Live.Traders
      @Live.Traders  4 ปีที่แล้ว +1

      Thanks, I'm glad it helped!

    • @stokeyone
      @stokeyone 3 ปีที่แล้ว

      @@Live.Traders does this work on bitcoin and crypto dude?? Thanks , please get back to me.

  • @TheArabPilot
    @TheArabPilot 4 ปีที่แล้ว +247

    "You guys are overcomplicating trading"
    *has 27 graphs on the screens*

    • @lethal_jake2187
      @lethal_jake2187 4 ปีที่แล้ว +19

      How is that complicated they are just graphs. Your quotes are more complicated.

    • @MisterTrollypolly
      @MisterTrollypolly 4 ปีที่แล้ว +13

      ​@@lethal_jake2187 How are his quotes complicated when they are just words which you also understood enough to reply to?

    • @WayneJohn-fq6cn
      @WayneJohn-fq6cn 4 ปีที่แล้ว +6

      @@MisterTrollypolly your reply to the comment about the quote of the video is too complicated

    • @juanpablodelaparratonella2175
      @juanpablodelaparratonella2175 4 ปีที่แล้ว +2

      @@WayneJohn-fq6cn Your reply makes no sense

    • @elayshobeycurrey9496
      @elayshobeycurrey9496 4 ปีที่แล้ว

      TheArabPilot spaghetti on his charts😂

  • @robertostennett3871
    @robertostennett3871 3 ปีที่แล้ว

    ive probably been on every day trading channel on youtube, this is hands down the best one

  • @MrGchiasson
    @MrGchiasson 2 ปีที่แล้ว

    As I watch this video I'm comparing it to three actual trades. You pegged it perfectly!

  • @chriskelso7597
    @chriskelso7597 4 ปีที่แล้ว +20

    TSLA example: shorts at 281, out at 279. 2 dollar loss in price, makes 400 bucks. Trade only cost over 50k to make those returns. Guidance for trading is usually no more than 10% of portfolio into any trade. Do the math. Portfolio is massive to make these trades. Beginner with a 25k PDT trading account is making 20 bucks a trade, not $400.

    • @natemagic6923
      @natemagic6923 4 ปีที่แล้ว +1

      Hey can you give me some tips on trading

    • @chriskelso7597
      @chriskelso7597 4 ปีที่แล้ว +10

      @@natemagic6923 start small, be patient, don't pay thousands for training. Just research all the free stuff online. Keep emotions out of it as much as possible, never go on tilt. Walk away if you have a bad trade day and come back another day. Get out of positions you're wrong on quickly, and never hold the bag. Day trading is not investing, and vice versa. Don't ever just jump in a stock cuz someone else said to. Plan your entry and exit ahead of time.

    • @natemagic6923
      @natemagic6923 4 ปีที่แล้ว +1

      @@chriskelso7597 thanks I really appreciate you taking the time to comment back to me I shall take you advice and do my research oh an also what apps would you suggest I start with and if you have some time on you hands we could talk one on one

    • @chriskelso7597
      @chriskelso7597 4 ปีที่แล้ว +7

      @@natemagic6923 as far as apps go I don't have an answer on that one man. Depends on your device. I like trading from a PC. You can always use stocktwits if you want to see what's trending regarding apps. Honestly tho, most people on there don't know what they're doing so dont go in blind. I'd start reading books, or doing audible books to be honest. TH-cam can be helpful if you watch the right people. Don't watch guys selling you on their system through trader porn. Watch the boring guys that explain the real shit.

    • @brcam2013
      @brcam2013 3 ปีที่แล้ว +3

      @Chris Kelso Dont let Chris Kelso discourage you! The TSLA example he made is just that, an example for a very expensive stock. Of course you need a large account to make any type of money with those stocks. Newbies need to stick to the stocks under $10 and then yes, when a stock makes a gain of .30cents for the day and you've bought 1000 shares. Now do the math. Sounds a little better now right? Thought so. Keep watching good tutorial videos and stick to lower price stocks and you'll be fine. Once your account grows, then worry about the bigger name stocks like TSLA

  • @Jeff-xy7fv
    @Jeff-xy7fv 4 ปีที่แล้ว +606

    For West coasters - If I can make $500 in the morning before going to work, then I'm not going to work!

    • @vigneshkandassamy6551
      @vigneshkandassamy6551 4 ปีที่แล้ว +18

      @Pommy Pie please share some strategies of urs

    • @mustakimkamaruzaman9715
      @mustakimkamaruzaman9715 4 ปีที่แล้ว +19

      Hahaha..yes bro..but i know if we only asking help from god everyday we will success..

    • @Booklivre
      @Booklivre 4 ปีที่แล้ว +3

      Pommy Pie
      I wish I was you
      Please teach us !

    • @TofuInc
      @TofuInc 4 ปีที่แล้ว +30

      Yep. I stopped going to work months ago. Trade the first hour and get on with my day.

    • @mustakimkamaruzaman9715
      @mustakimkamaruzaman9715 4 ปีที่แล้ว +2

      @@TofuInc Hahaha...you have a good idea bro!..Awesome bruh!..👍👍👍😂😂😂

  • @ronaldswangler2538
    @ronaldswangler2538 3 ปีที่แล้ว +2

    So true, the more technical I got the worst my trading got.

  • @mikeh.99
    @mikeh.99 3 ปีที่แล้ว

    You are the man! This happened with WKHS 0n 12-3-2020. @ 12:20pm on the 2nd resistance line @ $22.12. Buy $22.45. Stop $22.25. Stumbled upon you the other day & glad I did.

  • @GlennReschke
    @GlennReschke 4 ปีที่แล้ว +17

    I don't often watch 30 minute plus videos but this was really mesmerizing and powerful. Thanks for recording it.

    • @Live.Traders
      @Live.Traders  4 ปีที่แล้ว

      th-cam.com/video/xEjUd82NVVg/w-d-xo.html

  • @jeanneneteru3820
    @jeanneneteru3820 4 ปีที่แล้ว +30

    Well, in my world, the term is "getting my toes stepped on" since I am totally guilty of some of the bad trading habits you call out in this vid. You presented clearly, concisely, and quickly (No Fluff, Fluff, Fluff! lol) This was Awesome for me. I have been sitting around afraid to push the button to execute since I love spaghetti screen and cant see the daggone trade itself.
    Plain and simple; entry at breakthrough (upside or down), stops at previous resistance/support +/- a few cents, result: consistent profits....thank you sir - I'm off to find a vid from you regarding how to properly place a stop order and you just got a new sub!

    • @dreamrunner4680
      @dreamrunner4680 3 ปีที่แล้ว +1

      Mark Douglas videos and books solved my fear of markets, I'd suggest you check them out

    • @nefertitei12
      @nefertitei12 10 หลายเดือนก่อน

      @dreamrunner4680 thank you for the insight-i will check them out🙏🏾

  • @frankandersongmail
    @frankandersongmail 3 ปีที่แล้ว

    Excellent video. The ending words about money were spot on. Thank you for the video.

  • @michelakras8023
    @michelakras8023 2 ปีที่แล้ว

    While watching your lecture, I managed to find this setup in Oil, 1hr Time Frame, and made some money in 10mns!!! Thanks for your great lectures.

  • @bassfan71
    @bassfan71 4 ปีที่แล้ว +7

    Love your attitude haha. Will definitely incorporate this into my trading strat.

  • @tamborambo2957
    @tamborambo2957 5 ปีที่แล้ว +5

    I’m brand new at trading and have been getting myself lost down the rabbit hole to the point where my head feels like it’s going to explode!🤪
    Your method actually puts things in understandable terms for me and I am so thankful for that. Thank you again, and I’ll be following you from now on!😁

    • @Live.Traders
      @Live.Traders  5 ปีที่แล้ว +2

      Thanks...I try to keep is simple...BUT, trading is still very challenging! Cheers! $1, 30 day trial to the chat room...email info@livetraders.com

    • @Snacc741
      @Snacc741 2 ปีที่แล้ว

      And how r u doing now?

  • @Josh-uq5sf
    @Josh-uq5sf 3 ปีที่แล้ว

    Im from the uk. Love this guys content. They way he breaks it down and comes across really genuine

  • @user-eb6uz5qz5z
    @user-eb6uz5qz5z 3 ปีที่แล้ว +378

    This guy reminds me of Hank from Breaking Bad

    • @mkaberli
      @mkaberli 3 ปีที่แล้ว +9

      I never heard Hank talk about how to trade a 3 bar pattern. I must have missed that episode of BB.

    • @aggelosvol6184
      @aggelosvol6184 3 ปีที่แล้ว

      so true

    • @My-NaMeS_jEfF
      @My-NaMeS_jEfF 3 ปีที่แล้ว

      Fk hate frank

    • @khanhhoi9246
      @khanhhoi9246 3 ปีที่แล้ว +8

      Jesus Christ Marie! They're Minerals!

    • @sergeantkawaii8070
      @sergeantkawaii8070 3 ปีที่แล้ว

      LOOL

  • @anthonysalters8828
    @anthonysalters8828 5 ปีที่แล้ว +7

    "break support/resistance;find an entry" LOVE it.. gunna use it

  • @harrywellington8651
    @harrywellington8651 4 ปีที่แล้ว +10

    Great video man! looking forward to kick start with this strategy..

  • @blomman3047
    @blomman3047 3 ปีที่แล้ว

    thanks a lot for this tip! about to start my first account soon and gonna read up on this strategy more and try it out :)

  • @Ameeranasser83
    @Ameeranasser83 3 ปีที่แล้ว +1

    I just wanted to say that I have ADHD and I have watched a ton of videos on investing and trading and THIS channel DEFINITELY works for me! You not only discuss trading in detail but you also show it. I am a visual learner so this helps a lot.

    • @jakeypants_YT
      @jakeypants_YT 2 ปีที่แล้ว +1

      I am a newcomer. Also have adhd. I am unmedicated so money making has always been tough.

    • @Ameeranasser83
      @Ameeranasser83 2 ปีที่แล้ว

      @@jakeypants_YT ok, the generic of Strattera works for me. I’ve been on it religiously for almost 2 years and it’s been a blessing for me. I recommend doing some research on adhd medication

  • @KarenBentley
    @KarenBentley 5 ปีที่แล้ว +6

    Clear. Awesome. Much gratitude.

    • @Live.Traders
      @Live.Traders  5 ปีที่แล้ว +1

      You're welcome 👍👍

  • @rnglilo0256
    @rnglilo0256 4 ปีที่แล้ว +15

    Finally someone helping me to make profit and knowing what he is talking about

  • @sophrosynefarms394
    @sophrosynefarms394 3 ปีที่แล้ว

    your plays made me 800 first morning finding on GNUS before the hype. bought under dollar. re postioned through out the wave of GNUS whole time. never traded more then 2 months, give this guy a like and like all the other ones

  • @mlaranjeira31
    @mlaranjeira31 3 ปีที่แล้ว

    One of the best videos ever about graphic analysis. You just save me a few hundred ours of bullshit videos and lots a reading. Thank you keep it up

  • @johncpope
    @johncpope 4 ปีที่แล้ว +8

    1) Wide-range igniting bar, 2) Narrow-range resting bar and 3) Continuation bar. A four-bar play will have two resting bars. Resting bars should be in the upper 50% of the wide-range igniting bar.

    • @Live.Traders
      @Live.Traders  4 ปีที่แล้ว +2

      Yup...so why do so many people misunderstand the play? Cheers!

    • @wrentypecyborg6965
      @wrentypecyborg6965 2 ปีที่แล้ว

      after resistance or support is broken

    • @thingshappen9199
      @thingshappen9199 2 ปีที่แล้ว

      @@Live.Traders Hi there. No offense but the play at 25:03 made no sense to me since you brought in "a sell set-up" which you didn't explain what it was. Also, the 4th bar is too small isn't it? I don't know so i ask. Thanks man!

  • @crackseller321
    @crackseller321 5 ปีที่แล้ว +18

    That was a great lesson. I subbed and click the bell

    • @Live.Traders
      @Live.Traders  5 ปีที่แล้ว +1

      Thanks !

    • @iamedblaize
      @iamedblaize 3 ปีที่แล้ว

      @@Live.Traders so did I, and in the last 3 months watching your content, i have to say you whipped this lazy trader into shape as far as stop losses and targets and sticking to the plan. even though i trade options, it all still applies. Thanks. You have convinced me, well you and some anomalies in the market, that as soon as my account is large enough to buy and short shares directly without options, that is the route i am going. Much less complicated for sure! i am guilty of all the stupid crap you mention, i didn't blow up my account completely, but i did see it go down by 2/3 at one point this year because i was over leveraged and got stuck in a few bad option trades that i didn't have a stop loss set on and got stuck on the hopium all the while watching the options go down down down and ultimately expire worthless. In the process now of following the plan like i did in the beginning to grow it to the size it was and more., and am much more consistent and much better at managing bad trades now. Thanks for that i needed a mental butt whippin! To make matters worse, i was on the verge of being able to trade full time for a living and am glad all this happened the way it did BEFORE selling my other business. God forbid i trade the way i did before i came across your content. Even though i had a high win rate, it left room for big losses and that is just stupid especially when it is so easy to mitigate that. Thanks again for the videos.

  • @mariagandara8242
    @mariagandara8242 3 ปีที่แล้ว +2

    As a complete beginner on a trading I did found your explanation to complicate. Been watch a few videos. And yours is the more difficult one. Glad I did not spent my time on it.

  • @cnotake
    @cnotake 3 ปีที่แล้ว +1

    I like your commentary. Great learning for me!

  • @unounv
    @unounv 4 ปีที่แล้ว +18

    Love the channel thank you I’m learning a lot a hope to change my life, quit the day job and get out of debt.

    • @Live.Traders
      @Live.Traders  4 ปีที่แล้ว +1

      Awesome glad to hear it!

  • @joshb3256
    @joshb3256 5 ปีที่แล้ว +6

    I gotta work harder man. I'm not scared. But I love being influenced in the good way. You are awesome!

    • @Live.Traders
      @Live.Traders  5 ปีที่แล้ว +1

      Keep pushing!! Cheers!

  • @UhuruStar
    @UhuruStar ปีที่แล้ว

    Man! Ilove listening to you; You motivate as you teach - awesome!!✊✊🙏

  • @SammyB-Habebe
    @SammyB-Habebe 3 ปีที่แล้ว +1

    Thank you so much I have learned a lot 🙏🙌

  • @50kT
    @50kT 4 ปีที่แล้ว +274

    For me its before 7 am, before anyone has even opened an eye - I have already lost more than they make in a day 🤦‍♂️

  • @DavonMcCormick
    @DavonMcCormick 5 ปีที่แล้ว +5

    Love this set up, thanks for sharing. I'm backtesting on a few forex pairs and indices now. I've also subscribed, cheers!

    • @DavonMcCormick
      @DavonMcCormick 5 ปีที่แล้ว +2

      I'm testing it out on crypto as well seems to play nice with xrpusd - (5 minute tf) - I did use measured move for my TP target - www.tradingview.com/x/Ee0kJfG8/

    • @Live.Traders
      @Live.Traders  5 ปีที่แล้ว +2

      You're welcome, I usually shoot for 2:1. So if your stop loss is 50 pips, then the target is 100pips, if stop loss is 20 pips, target is 40pips.

  • @Poochyke
    @Poochyke 3 ปีที่แล้ว +3

    I could watch hours of this guy. He should become a teacher, a coach, a TED speaker, ... What a talent.

  • @waltertshukudu3814
    @waltertshukudu3814 3 ปีที่แล้ว

    yes the 3 and 4 bar system really work,thank u very much for sharing your knowledge am Walter from Botswana

  • @rameshhansaravendra
    @rameshhansaravendra 5 ปีที่แล้ว +7

    .
    Thank you so much for making this video.
    Please make more videos about candlestick patterns.

  • @tommykk9017
    @tommykk9017 5 ปีที่แล้ว +5

    Love you man ! Thanks for your info

  • @georgemerkly5785
    @georgemerkly5785 3 ปีที่แล้ว

    how come I never find you before. love your work, price and volume. you said that once, you said it well.

  • @davidfernandez361
    @davidfernandez361 3 ปีที่แล้ว

    Hi Jared long time fan. I remember the first time i watched this video, this was the first one of yours that I watched. I remember not understanding anything lol. Year and a half later and I'm barely 100€ down on my trades over a year of trading so yeah pretty slow baby steps, no profits, but at least I'm holding on my own, all thanks to you and your content. Right now I'm watching this video entirely again and I'm proud to say I understand pretty much all of the concepts! Great work Jared, keep it up! You're the only real one out there!

  • @-XArchLinuxEnjoyerX-
    @-XArchLinuxEnjoyerX- 4 ปีที่แล้ว +12

    Hey! I really enjoyed the video and I can't wait to try it out in paper trading, but I do have a few questions first:
    1. How/what is your thought process to exit the trade? When do you know that it's time to cash in so to speak?
    2. You mentioned at 2 or 3 points in the video that only volume and price are required. Well price is the candle, and you explain the pattern in terms of price quite clearly, but you didn't use (or didn't show how) volume in this video. Could you please explain that to me?
    3. What filters do you use to scan for stocks that may have a 3 bar play opportunity? I personally am paper trading with thinkorswim because it seems to be the easiest to get started.
    Thanks again man!

    • @Live.Traders
      @Live.Traders  4 ปีที่แล้ว +6

      th-cam.com/video/xEjUd82NVVg/w-d-xo.html

  • @sandeepraut5339
    @sandeepraut5339 5 ปีที่แล้ว +5

    wow...very nice strategy. I just love the way you explain..please keep making such a fantastic videos.

  • @linearfish7151
    @linearfish7151 3 ปีที่แล้ว +76

    Huge Key: The igniting bar must be over resistance if going long. Meaning you must already be trending and above resistance. This will work, and if you study breakouts or candlestick patterns you will be even better at this technique. If you try and sit around till you see this pattern, there will be days when you make no trade. I highly advise you learn far more then this one way to identify a momentum pop.

    • @Samperor
      @Samperor 3 ปีที่แล้ว +4

      He mentioned that around 27:50. The bar must be over the resistance for the blastoff. I think he was so focusing on getting to the point which I do respect, but certain details should be added earlier.

    • @SQUIDTUBE
      @SQUIDTUBE 3 ปีที่แล้ว

      You said if you sit around for this pattern, there will be days when you make no trade. But Jared said in other videos if not this video - these happen every day. Also if you only trade within the first 30 to 1 hour of the day, there aren't many other patterns to find.

    • @linearfish7151
      @linearfish7151 3 ปีที่แล้ว +14

      @@SQUIDTUBE yes they happen everyday, are you successful in finding them when the volume hits on the open, I have not found a scanner yet to find me these setups, and get there fast enough. Like I said great to know, but it's about 1% of the game. I've had the best luck trading the opening gap fade play. Retracement is far more probable and consistently successful.

    • @shreyanskhard
      @shreyanskhard 3 ปีที่แล้ว +2

      @@linearfish7151 Curious to know if GAP trading is working out for you in a consistent way ? What kind of returns can I expect ?

    • @coryw8849
      @coryw8849 3 ปีที่แล้ว +4

      @@linearfish7151 I hear ya man. However I do have a great TOS scan that will find these volume surges for the ignitor bar. Message me and I'll share it with ya. Maybe we can knowledge share

  • @F1Redbull.
    @F1Redbull. 3 หลายเดือนก่อน

    Jared, I believe you are fantastic. What a teacher. thank you

  • @LuisDelgado2016
    @LuisDelgado2016 4 ปีที่แล้ว +9

    I just got in from work and I been thinking what you show on the video 3 & 4 bar play...boy it works everytime….I learned in this short period from you than the other training I took. I tried this on the Demo and in no time I was able to scalp $65 it took about 15 minutes or so.....I always wonder why I never got a green on bid….when I do your within seconds it stay green showing profit...wow...at one point it went up to $180 and it dropped....its amazing hope you know what I mean when I say stayed red after I put the bid in....with yours I get green....Amazing!!! you got me as a student; soon.....let me go easy like you said...im excited...I glad I found you and I know im going to do well in time....I know I need more training.....This video is very valuable thank for sharing

    • @LuisDelgado2016
      @LuisDelgado2016 4 ปีที่แล้ว +2

      The best thing is go to Livetraders page they can teach you better than I ….I just started a year ago.....

  • @eXpeII
    @eXpeII 5 ปีที่แล้ว +4

    Probably my fastest sub ever. Great content my friend

  • @johannrublein9483
    @johannrublein9483 3 ปีที่แล้ว +1

    Awesome video bro. Will study this a few times over. Exactly what I needed.

  • @raouldelange4492
    @raouldelange4492 3 ปีที่แล้ว +9

    This was incredibly helpful I have been practicing with virtual money and it has worked every time so far I am going to try with real money soon but only small quantities at first until I am confident and I can make it my full time job

    • @charlestinotenda8358
      @charlestinotenda8358 3 ปีที่แล้ว

      I'm encouraged. I am going to try the same thing during June then invest real money in July

    • @mohammadmustafa2594
      @mohammadmustafa2594 3 ปีที่แล้ว

      CHARLES TINOTENDA can you tell me what is this type of trading? Option or day trading? I make money day trading when stocks go up but he’s talking about making money while it’s going down. Really interested

    • @d.j.roberts187
      @d.j.roberts187 3 ปีที่แล้ว

      How are you narrowing down the field to find stocks to watch? I use screeners, but not sure how to set the screener to point me at stocks with this potential

    • @joniseo
      @joniseo 2 ปีที่แล้ว

      Raoul, where were you practicing with virtual money?

  • @pattyaap7345
    @pattyaap7345 5 ปีที่แล้ว +4

    Thank you for sharing your expertise. I took a buy trade on the NQ futures while watching this video on a two-resting bar pattern and made money, hahaha! Highlight of my day!

    • @Live.Traders
      @Live.Traders  5 ปีที่แล้ว +1

      Congrats!

    • @TheEpoXyy
      @TheEpoXyy 5 ปีที่แล้ว +1

      Thats the best feeling

    • @pattyaap7345
      @pattyaap7345 5 ปีที่แล้ว +1

      @@TheEpoXyy It is. For the longest time I felt I was so close to trade successfully but I was missing something until I found this channel. I love this pattern because of the small stop and greater reward. The chances of hitting the target are greater. Others just say "put your stop in the previous pivot", that's a LOT of money on the line when the trade goes against us.

  • @kevinkur
    @kevinkur 5 ปีที่แล้ว +4

    analyzed my past trades, WOULD HAVE SAVED SO MUCH TIME AND MONEY!! THANK U

  • @audreyandriana1968
    @audreyandriana1968 3 ปีที่แล้ว +62

    95% of Forex traders fail why? Because they give up quick, it takes time and lot's of experience to become a profitable trader, i will advice any new bie or those having difficulty to always seek guidance from pro trader's and more to avoid loss of funds.

    • @audreyandriana1968
      @audreyandriana1968 3 ปีที่แล้ว

      @AnonymousBuster Sunshine Due to my experience in the market and in all my years of trading the most valuable insight I made was getting in touch with a pro trader Mr Rex Coleman. Ever since I started investing with him, I have been making cool profits like never before.

    • @wilsonfred7863
      @wilsonfred7863 3 ปีที่แล้ว

      Hi, heard about Mr Rex Coleman in other platforms and asked how to reach him but got no reply from anyone, how can I reach him,I want to invest please?

    • @repliedbajapanesewithhanak6676
      @repliedbajapanesewithhanak6676 3 ปีที่แล้ว

      How amazing Mr Rex Coleman is really dominating the trading zone and making things easy for his investors .This was exactly how I got recommendation about Mr Rex some time ago, at first I was a bit skeptical but eventually I gave him a trial with my little investment I got a handsome profit in return

    • @audreyandriana1968
      @audreyandriana1968 3 ปีที่แล้ว

      @@wilsonfred7863 you can reach him directly on chat, but let him know your'e in for business

    • @audreyandriana1968
      @audreyandriana1968 3 ปีที่แล้ว

      @@wilsonfred7863 + 1 7 1 6 2 8 1 5 3 0 8

  • @siegeINK
    @siegeINK 3 ปีที่แล้ว

    Valuable video. Thank you!!!!

  • @fransbot1
    @fransbot1 5 ปีที่แล้ว +37

    True. But as you probably know, it takes 3-4 years of complication and trial and error to get to how simple it actually is. The way I trade now is the very first strategy I learned 6 years ago (Price & Volume) that's why making videos like this will never stop(and shouldn't) because funny enough we "all" follow the same path to success. Nice video by the way. peace&love

    • @Logosfollower
      @Logosfollower 5 ปีที่แล้ว +2

      Thank you for this comment it let’s me know I still have a long way and keeps me from taking big risks at the moment

    • @a1cxd166
      @a1cxd166 5 ปีที่แล้ว +2

      Wrong I just started and I made 30k in my first week. Lies.

    • @fransbot1
      @fransbot1 5 ปีที่แล้ว +1

      @@a1cxd166 Congratulations I wish you many years of success

    • @Live.Traders
      @Live.Traders  5 ปีที่แล้ว +1

      For sure !!

    • @Heart1517
      @Heart1517 5 ปีที่แล้ว +1

      True,that's why I get back to basic now.simplicity is the key

  • @PeejayFernandez
    @PeejayFernandez 5 ปีที่แล้ว +6

    This makes me goose bumps sir. Very helpful guide to scalping/intraday. Thanks a lot.

  • @hayleysmith8286
    @hayleysmith8286 3 ปีที่แล้ว

    Great, I really love this video! I found it on google , I have subscribed to your channel and I can't wait to see more amazing videos like this one in the future, thanks again

  • @mislam13
    @mislam13 3 ปีที่แล้ว +8

    The two best times for trading when volume is high is an hour from open and an hour from close. The time in between, you don't really need to trade.

  • @kellymantil3719
    @kellymantil3719 4 ปีที่แล้ว +25

    Jared, listened to your video last night. Woke up today and made +200 in 19 min on GE. I got in late with the big day because I first had to dump a bagger, which I also sold at the near high with the same techniques.
    Saved my ass on the loss and felt great about making money and freed up a tremendous amount of cash. Thanks, your the real deal.

    • @LuisDelgado2016
      @LuisDelgado2016 4 ปีที่แล้ว +2

      this is motivating me...…..wow!!!

    • @PtrJon3
      @PtrJon3 4 ปีที่แล้ว +1

      how did you manage to find the stock with such patterns ?

    • @Live.Traders
      @Live.Traders  4 ปีที่แล้ว +3

      @@PtrJon3 scanning $gainers and $losers

  • @ssdcatracho77
    @ssdcatracho77 4 ปีที่แล้ว +6

    Hi Jared. Thank you for the video and it's a great insight to follow. I have a question on the entry part. Do you wait for the 3/4 bar play to show itself and then jump on pullback to the resting candle(s)? Thanks.

    • @Live.Traders
      @Live.Traders  4 ปีที่แล้ว +2

      You get in as soon as bar #3 breaks the high of bar #1...th-cam.com/video/xEjUd82NVVg/w-d-xo.html

  • @kami_energy
    @kami_energy 3 ปีที่แล้ว

    I like everything about you, very funny but also brilliant info and made very understandable and motivating...... Thank you but how do you pick these stocks in the first place?

  • @showtell6292
    @showtell6292 3 ปีที่แล้ว +2

    Hi You are truly so kind to teach us all this. Ive watched many videos but I love your confidence , experience, honesty and clear instructions. thank you so much! I m learning from you because you make sense. I'm new at this but now my limits. I have not blown my portfolio in 8 months. But I'm now ready to learn more because this is my last chance to get in the game........Its a true shame they never teach this in school. I've been living paycheck to paycheck with no hope for better untill they made this possible for everyone.

  • @Dilligaf777
    @Dilligaf777 5 ปีที่แล้ว +14

    Glad to have found your channel you explain it so simple and direct.

    • @Live.Traders
      @Live.Traders  5 ปีที่แล้ว +1

      thanks, appreciate it! jared@livetraders.com

  • @theskeptic8489
    @theskeptic8489 4 ปีที่แล้ว +5

    this worked for me exactly 1 time. I've not seen a threebar setup since.

  • @jimfurst534
    @jimfurst534 ปีที่แล้ว

    Thanks for the ideas!
    Looking for other possible applications.
    I'm not a day trader. BUT this BO pattern seems it could be applicable as an entry strategy for "longer term" traders.
    Could you use a Daily chart in place of the 5 min charts?
    Keeping in mind the overall trend, I'd be looking for that pattern to appear in an area of strong horizontal support / resistance- so you might wait for days or weeks. The trade could then last for days rather than minutes...
    (Very difficult for a Day trader to tolerate 😅)
    Or is the "quick in and out" the whole point?

  • @Zeezazz
    @Zeezazz 2 ปีที่แล้ว

    I ve been binge watching your vids this weekend. You dont have enough subs. Thanks for sharing A plus level content.

    • @Zeezazz
      @Zeezazz ปีที่แล้ว

      @@jessicawiley9592 maybe. I meet alot of people

  • @gregorysantana4247
    @gregorysantana4247 5 ปีที่แล้ว +14

    Totally agree! Keep to a simple trading pattern, volume and knowing what you are looking for.
    Consider the 3:1 Ratio using a reconfigured Fibo Retrenchment tool, thus, you need to determined your stop exit to know your 3:1 Ratio. As close is completed above a win ratio, move stop to the next lower ratio. Once a trade closes above Ratio 1, move stop to the entry level. Then close above Ratio 2, move stop to Ratio 1. Keep going till the roll over comes to the stop. Note, once a close above Ratio 1, the trade at entry, is now Break Even.

    • @Live.Traders
      @Live.Traders  5 ปีที่แล้ว +3

      Everyone manages differently...which is fine! Find what works for YOU. Cheers!

    • @TheBlueskyson
      @TheBlueskyson 4 ปีที่แล้ว +1

      Fibo = too many indicator

    • @robindronathroy5881
      @robindronathroy5881 4 ปีที่แล้ว

      $1752 ToDay. ?= t.co/MdfQ6Z0KzV

  • @FrankDIII
    @FrankDIII 5 ปีที่แล้ว +5

    Thank you for being so real and appreciate the knowledge hopefully i can make my losses back. keep killing it

  • @donluedetmoonsone9573
    @donluedetmoonsone9573 2 ปีที่แล้ว

    I love your videos. Thanks for sharing

  • @bvorsapkota4748
    @bvorsapkota4748 2 ปีที่แล้ว

    Wow....really really wonderful lesson. Thanks for the knowledge.

  • @FaintAura
    @FaintAura 5 ปีที่แล้ว +7

    Great video Jared. You've inspired this 26 year old to continue improving at trading and eventually quit his engineering job

    • @Live.Traders
      @Live.Traders  5 ปีที่แล้ว +2

      Awesome, keep working at it and good things will happen.

    • @louiss2595
      @louiss2595 4 ปีที่แล้ว

      FaintAura hows that going for you?

    • @FaintAura
      @FaintAura 4 ปีที่แล้ว

      @@louiss2595 haven't quit yet. Still learning but still realize I have a ways to go and could still use more capital anyway.

    • @louiss2595
      @louiss2595 4 ปีที่แล้ว

      @@FaintAura Oh well good luck!

  • @electricengineer624
    @electricengineer624 4 ปีที่แล้ว +9

    Screw all the bosses, I’m my own boss now, no more taking peoples bullshit, I’m free
    Amazing video man , lots of valuable honest info

    • @Live.Traders
      @Live.Traders  4 ปีที่แล้ว +1

      Cool...good luck! th-cam.com/video/znN5dFPxc7s/w-d-xo.html

    • @KoalaKontrolJr
      @KoalaKontrolJr 4 ปีที่แล้ว +4

      Same. I’m currently 18, graduated early, second year of college, and I received money for excess amount of money through scholarships. It’s been 6 months since I began trading and I am up over 1000% :)

    • @Live.Traders
      @Live.Traders  4 ปีที่แล้ว +1

      @@KoalaKontrolJr And?

    • @KoalaKontrolJr
      @KoalaKontrolJr 4 ปีที่แล้ว +3

      @@Live.Traders My comment was directed toward Electric Engineer. I was giving out a piece of motivation showing it's very possible to learn and live off this money.

    • @tdexotiic5459
      @tdexotiic5459 4 ปีที่แล้ว

      @@Live.Traders why so rude?

  • @hamiltonmakhasi5785
    @hamiltonmakhasi5785 ปีที่แล้ว

    Thank very much for this video tutorial, I know it will take more hard work in it of training and knowledge of how to master markets movement, thanks again 👍

  • @iAmCrunchy1
    @iAmCrunchy1 2 ปีที่แล้ว +2

    Thank you mister Wesley!

  • @chrisb6743
    @chrisb6743 4 ปีที่แล้ว +4

    Thank you - i'm applying your 3 bar play on Aussie ASX shares CSR and ORG on 1 minute ticker with a lot less volume

    • @jackcrossland2481
      @jackcrossland2481 4 ปีที่แล้ว

      Stake.com.au get in on the US stockmarket

    • @richardlove4287
      @richardlove4287 4 ปีที่แล้ว

      Chris B , how is that working for you Chris, I'm looking at having a go if it's viable.

    • @chrisb6743
      @chrisb6743 4 ปีที่แล้ว +1

      @@richardlove4287 Hi Richard - it worked with high volume large spread stocks such as Comm Bank (CBA - $2 and $1.46) and RIO ($2.53 and $2.52) on the 7th and 8th August 2019. Markets were very volatile. Did not work with CSR as the spread is not wide enough (8c -10c average) with insufficient volumes.
      I have learnt a lot in the last 3 days just watching 2 to 5 minute tickers on shares and have decided to run with 4 bars as it proved more reliable and less risky.

  • @Illest1987
    @Illest1987 4 ปีที่แล้ว +4

    thanks for this lesson. really appreciate.. thank you

  • @johngalt7232
    @johngalt7232 2 ปีที่แล้ว

    Thanks for sharing this information!

  • @dr.projectx5142
    @dr.projectx5142 3 ปีที่แล้ว

    Going to get focused on this now since I have time before I work which is great and do some trades. Before I go into work.

  • @mlb_zity1276
    @mlb_zity1276 4 ปีที่แล้ว +5

    Thank you so much for charing your great knowledge!!
    How do know what percentage of your money is the stop lost do you usually used ?

  • @jaytwix2
    @jaytwix2 4 ปีที่แล้ว +5

    Simplicity is the ultimate sophistication

  • @579emodonz
    @579emodonz 3 ปีที่แล้ว +1

    Price action is the Gold standard.......looking for chart patterns is just hindsight after price has moved.
    Understand price action, respect the market and you will eventually be profitable.
    it doesn't happen overnight

  • @f.cabristante5569
    @f.cabristante5569 ปีที่แล้ว

    WOw... Thank you very much to this very informative strategy... I really like it and wanna try right away once the market is open.