I LOVE how you hide the rest of the chart to the right hand side and slowly reveal it as you explain your thought process and reasoning. Excellent work!! I hate when people teach with the entire chart already displayed in front of them. Then they try to tell you what you should do (buy/sell). In the real world, we don't know which direction the chart will go. Which is why I LOVE how you hide the rest of the chart.
Lol, he already knows what's going to happen. If you pay attention, you can clearly see that. These are carefully chosen examples. And BTW, in his first example, price action suggested you would wanna be a seller rather than a buyer, due to the strong sell off. The only way you would want to be a buyer is if you can see into the future.
concise, to the point, isn't trying to sell you something or make you his next millionaire student by joining his pump and dump chatroom. Pretty awesome teacher.
Best Presentation Ever: clear concise theory, followed by clear and easy to follow charts showing exactly where the arrow is pointing at...The red and green candlestick charts against the black background really work!!!
I have listened to so many videos but every time I listen to this gentle sir man man man such a breath of fresh air,easy to understand. Keep it up man.
Thank You, I took a big loss doing options from being up on swing trading. I told myself to take a break from options and study how the market works. This channel is the best I came across so far.
Hi David jones, I would like to say, your vids are so useful. Im a starter at trading and I learned already so much from ur vids. Great content, Great explaining , good quality and even for me, my english is not the best, I can understand it. Thanks for all the vids, I would like to See more. Lesley
you show it to be so simple... but your years of hardwork surely show how easily you tame the price actions... hats off!!!! :-) i still have a lot to learn... :-)
Thank Mr. David Jones for a very well explained video of Price Action Trading Strategy. I am from Philippines and I am new in trading industry but this video helps me a lot to understand trends. Keep making videos.
Sir. Thank you so much for what must be the most intelligent and 'self-agrandising twaddle' free training video I've ever seen. Been live trading only a year or so, and free to trade only Tuesday, Wednesday and Thursday, this noob had been treading water just to keep the account afloat. I've always been wholly unsure of myself or my own 'style', which is price action only, naked charts, fixed small amounts, and wherever, and in whatever timeframe I happen to see any. David, you have brought encouragement by way of honest clarity. One is now living with considerably more confidence, absolutely nil stress because I know what I've decided is correctly founded and, so far, I seem to have a slowly developing picture of a fairly steady margin. Thank you again.
Sir, i say you should add candles with volumes to tell what price action is doing. You sticked to just levels of support and resistances. Your presentation was very good !
Thks for video! I have the same view about price action. It is a high chance of winning trade. Also I do use fast stockastic and trading volume. These 3 combined provided strong signal for me to enter/exit. Try this on demo account!!!
Great content with much required details. Explanation clarity sky high with emphasis on the basics. I would like to suggest something though. Would it be possible to provide links of succeeding videos in the description? Just to mark up the series :)
5:20 Why on earth would you enter a long trade there if you didn't know what was coming? There are no price action indicators of a long movement, no key points, and no reason to assume a long trade from anything already on that chart. A tiny inside bar off a lower low is so easily broken short side.
Hi David, what is the best or better indicator I can use in conjunction with Bollinger bands and MACD, I also use price action but I think my stop losses were too high, got taken out before a recovery of price
Hi, I don't think there is a right or wrong answer to this. I think the answer might be in your question: it is the stop loss placing that sounds to be the problem so personally I would focus on that and see how the results change.
Whats the point of moving the stop loss to break even? when price rises? Isnt the original stop loss set a point of support? How does breakeven turn into a support level?
great video explained in an easy to understand manner, could you take us through some fast time candles and tell us how and why the sellers battle it out with the buyers. Thanks
Hello sir...it is fantastic video on price action. Would it be possible to do a video on combination of moving average, volume, RSI , bullish/bearish trend and sector altogether what role play for a day trader???
I don't know if you will have time to answer this but one question I have is how do you determine which time intervals to use when trading? Because I see while you are explaining there are changes in the market which I typically would have reacted to but you ignore out of experience. My theory is that if the time scale was bigger I would no be so easily deceived by the movements. What is your approach to this or do you just wing it?
Hey, i am new to trading and am currently learning how to read and use graphs. Any help with my questions are appreciated!! :) How do we know how far back we should start off our support and resistance bands? Was told the further back, with more dips and rises meeting or being near the bands, it would prove the bands to be more true/accurate. Also, can support and resistance bands be diagonally parallel or is horizontal a must? I have seen people use diagonal bands but i don't understand, as to break the resistance band, the market would have to sky rocket up. On the other hand, to break the support, the market would just have to go sideways. For example, at 8:00 where the market steadily rises then goes sideways and suddenly skyrockets with sideways trend after. Would you even use bollinger bands for that uptrend? Many Thanks!
Hi - i think it depends on your time frame. if you are looking at a day trade, holding for minutes/hours then possibly what has gone on yesterday or over the last few days max would probably be the relevant amount of history. If you are looking longer term then clearly I think you need to take a bigger picture into account. If a support or resistance line was diagonal, it is still support bu would then be labelled as a trend line. I think horizontal lines are arguably stronger as these are absolute highs and lows.
Great!! in your example you used 15minutes candle stick, I supposed that this is for one day trading. If I´m trading by week, should I use a 30 day chart with 24 hr canddles ? thanks
Hello there, you may watch a whole tutorial about what to consider when choosing a time frame on the chart. Here it is - th-cam.com/video/UClWf-g1oD0/w-d-xo.html.
Hi Ricardo, the minimum deposit amount is GBP 100, EUR 100 or USD 150. Local currencies are available in certain countries. You may check this video on how much to risk on each trade - th-cam.com/video/IKf-gt2Vtm4/w-d-xo.html.
Hi david excellent job that was so for the best chanel I have been to most of the people are just wasting time. I need sn advice I am from Australia can you please advise me which are the best platforms for trading.
Hi - I use Trading212 in these videos. You can see all the various chart functionality etc - I would suggest you sign up for a demo to try it out by going to their website & see what you think.
Hey David, Thanks for the video I am a huge fan! I know you said that you like to keep your chart as clean as possible but what indicators would you say are the most effective within your trading strategy? Thanks
I don't know anything your talking about. I am new too trading but I don't know why I lose so much money I've learnt from the videos but the money isn't increasing it's decreasing. I got told it's buy low sell high but then (like buy when the line goes low then sell when then line is high) I don't know what I'm doing I want to do this
well yeah thats the basics of trading to buy low sell high. But before you hit sell or buy button, you must determine market turning points. Basically you need to find that "turning point" where market is "low/high" and then "buy/sell" If you can manage to do it right most of the time then you'll be rich in no time xD Jokes aside, Its so simple to explain that but hard to implement,we all have problems with that :D Goodluck dude :)
Trading is 80% fundamental analysis,20% technicals which is only for entry points and stop losses.Market sentiment should be the last determining factor
Hello SIr, I'm a newbie trader and i have some questions for you. Is VOLUME an important indicator and how to utilise it? Does it relate to this PRICE ACTION technique? Really hope for a replu from Trading 212. thanks in advance...
You may take a look at these tutorials on volume indicators: Volume Indicator Trading Part 1 - th-cam.com/video/wfySsU4JO3g/w-d-xo.html Volume Indicator Trading Part 2 - th-cam.com/video/depNunVItWE/w-d-xo.html
Hi there. The trading app displayed in the video is Trading 212. Open a free Practice Account with virtual money at www.trading212.com/en/Free-FOREX-Practice-Account-GBP.
I notice the analysis factors in time of day of trading for the local exchange. Can this analysis be applied to the cryptocurrency market which goes on 24/7?
Hi, Jose. Watch the tutorials in this channel and stick around for more - fresh content every week. Open a free Practice Account and test your trading strategies in real market conditions with virtual funds: www.trading212.com/en/Free-FOREX-Practice-Account-GBP. Read the educational materials at www.trading212.com/en/Get-to-know-FOREX-trading. Get in touch with the customer care team, in case any questions arise: www.trading212.com/en/Contact.
I LOVE how you hide the rest of the chart to the right hand side and slowly reveal it as you explain your thought process and reasoning. Excellent work!!
I hate when people teach with the entire chart already displayed in front of them. Then they try to tell you what you should do (buy/sell). In the real world, we don't know which direction the chart will go.
Which is why I LOVE how you hide the rest of the chart.
Indeed
Lol, he already knows what's going to happen. If you pay attention, you can clearly see that. These are carefully chosen examples. And BTW, in his first example, price action suggested you would wanna be a seller rather than a buyer, due to the strong sell off. The only way you would want to be a buyer is if you can see into the future.
@@Rapunzel879. True, he did that in his other price action video as well.
concise, to the point, isn't trying to sell you something or make you his next millionaire student by joining his pump and dump chatroom. Pretty awesome teacher.
So far, this is the most concise trading channel I have found. Love the straight forward commentary.
The best trading education on TH-cam, hands down!
You have no idea how much your vids are helping me. Thanks a lot.
I love your process of explaining the theory and then show how it works in practice. Brilliant. Thank you.
Best Presentation Ever: clear concise theory, followed by clear and easy to follow charts showing exactly where the arrow is pointing at...The red and green candlestick charts against the black background really work!!!
The most clear, concise and easy to understand explanation of charting this side of the galaxy. Top marks. :)
I have listened to so many videos but every time I listen to this gentle sir man man man such a breath of fresh air,easy to understand. Keep it up man.
Best teaching I’ve ever came across on you tube thanks
Thank You, I took a big loss doing options from being up on swing trading. I told myself to take a break from options and study how the market works. This channel is the best I came across so far.
Mr. Jones I appreciate the way you explain in your videos! Simple, short, and clear. keep them coming sir!
Simply brilliant!
Just this one channel is a compilation of all the things one has got to learn before staring to trade!👏🏻
Thank you thank you thank you! Its 2am and I’m so hooked. This is great stuff, perfect explanations. Too sad the channel stopped.
Hi David jones,
I would like to say, your vids are so useful. Im a starter at trading and I learned already so much from ur vids.
Great content, Great explaining , good quality and even for me, my english is not the best, I can understand it.
Thanks for all the vids, I would like to See more.
Lesley
you show it to be so simple... but your years of hardwork surely show how easily you tame the price actions... hats off!!!! :-) i still have a lot to learn... :-)
Thank Mr. David Jones for a very well explained video of Price Action Trading Strategy. I am from Philippines and I am new in trading industry but this video helps me a lot to understand trends. Keep making videos.
This is the most helpful channel for trading. Thanks for the efforts
these videos are better than the adverts lol
For me.. this is the Best Trading channel on TH-cam. Thanks
David you da man. As a new trader your videos really resonate with me compared to other videos I've watched!
Excellent representation! It makes understanding the charts and patterns much much easier by moving side ways and revealing the market moving !
Thank you, these are the kind of explanations that literally make someone with interest subscribe and follow you. Keep up the good work! Cheers!
Keep it up. Very informative and easy to understand specially for beginners like me. Thank you!
A lot of times it's the simple, non-flashy stuff that gets the job done.
OMG, I love your price action videos. Please upload more!
I am just now starting to get this concept and appreciate you and all your videos. Thank you.
Great video, excellent breakdown! Love the realtime examples, keep it up!
11:05 The message I was looking as a beginner
Excellent video!
Thank you for sharing…
Shared knowledge benefits the whole of the trading world….
Thank you for the video! Really learn from it. Will finish all your short courses. Thanks again!
very clear,straight forward, easy to understand. Reading the price actions to figure out the logic of buying and selling, Great stuff. Thanks a lot.
Excellent video, stock trading is a new and better way of making money online, without stress.
Sir. Thank you so much for what must be the most intelligent and 'self-agrandising twaddle' free training video I've ever seen. Been live trading only a year or so, and free to trade only Tuesday, Wednesday and Thursday, this noob had been treading water just to keep the account afloat. I've always been wholly unsure of myself or my own 'style', which is price action only, naked charts, fixed small amounts, and wherever, and in whatever timeframe I happen to see any. David, you have brought encouragement by way of honest clarity. One is now living with considerably more confidence, absolutely nil stress because I know what I've decided is correctly founded and, so far, I seem to have a slowly developing picture of a fairly steady margin. Thank you again.
You are the best of the best teacher that I know in my life. Thank you very much for who you are! :)
Excellent example of the basics and very easy to understand
You just earned yourself a subscriber.
Very good video, kept it simple and said it perfectly at the end as I fall foul for overcomplicating things at times
Sir, i say you should add candles with volumes to tell what price action is doing. You sticked to just levels of support and resistances. Your presentation was very good !
The stop loss provision line is a very helpful strategy. Thank you David
Very useful video! Clear and concise information, thank you so much for creating this!
Thks for video! I have the same view about price action. It is a high chance of winning trade. Also I do use fast stockastic and trading volume. These 3 combined provided strong signal for me to enter/exit. Try this on demo account!!!
Personally I like this strategy. Simple but effective! Nice tutorial mate.
Great video Mr. Jones.
Great video and well explained. Thank You!
Great work. I love to watch it.
Thanks for making it sooooo simple to understand ✅👍🏻🔥🔥🔥
sir great example and good help ful video, i always watch level 2 and resi and sup levels.
Thanks a lot. Learned very much from your channel
Great content with much required details. Explanation clarity sky high with emphasis on the basics.
I would like to suggest something though.
Would it be possible to provide links of succeeding videos in the description? Just to mark up the series :)
Just fantastic, Mr. Jones. My chart is simple. Candlesticks, Volume, RSI & MACD. that's it. Junkie of finding the patterns.
Very interesting and clear to understand!!!!
5:20 Why on earth would you enter a long trade there if you didn't know what was coming? There are no price action indicators of a long movement, no key points, and no reason to assume a long trade from anything already on that chart. A tiny inside bar off a lower low is so easily broken short side.
Exactly what I thought! I thought it was trending bearish! and there was no engulfing candlestick to alert a new direction in the market! 🤔
Thank you! Keep up the great content
Hi David, what is the best or better indicator I can use in conjunction with Bollinger bands and MACD, I also use price action but I think my stop losses were too high, got taken out before a recovery of price
Hi, I don't think there is a right or wrong answer to this. I think the answer might be in your question: it is the stop loss placing that sounds to be the problem so personally I would focus on that and see how the results change.
Short and to the point...no hitting around the bush
Whats the point of moving the stop loss to break even? when price rises? Isnt the original stop loss set a point of support? How does breakeven turn into a support level?
Great video. incredible content on PA .
great video explained in an easy to understand manner, could you take us through some fast time candles and tell us how and why the sellers battle it out with the buyers. Thanks
Trading 212 has MCX India Commodity market ?
Nice ! Subed and liked ! Thank you very much !!
Hello sir...it is fantastic video on price action. Would it be possible to do a video on combination of moving average, volume, RSI , bullish/bearish trend and sector altogether what role play for a day trader???
I don't know if you will have time to answer this but one question I have is how do you determine which time intervals to use when trading? Because I see while you are explaining there are changes in the market which I typically would have reacted to but you ignore out of experience. My theory is that if the time scale was bigger I would no be so easily deceived by the movements. What is your approach to this or do you just wing it?
Hey, i am new to trading and am currently learning how to read and use graphs. Any help with my questions are appreciated!! :)
How do we know how far back we should start off our support and resistance bands? Was told the further back, with more dips and rises meeting or being near the bands, it would prove the bands to be more true/accurate.
Also, can support and resistance bands be diagonally parallel or is horizontal a must? I have seen people use diagonal bands but i don't understand, as to break the resistance band, the market would have to sky rocket up. On the other hand, to break the support, the market would just have to go sideways. For example, at 8:00 where the market steadily rises then goes sideways and suddenly skyrockets with sideways trend after. Would you even use bollinger bands for that uptrend?
Many Thanks!
Hi - i think it depends on your time frame. if you are looking at a day trade, holding for minutes/hours then possibly what has gone on yesterday or over the last few days max would probably be the relevant amount of history. If you are looking longer term then clearly I think you need to take a bigger picture into account. If a support or resistance line was diagonal, it is still support bu would then be labelled as a trend line. I think horizontal lines are arguably stronger as these are absolute highs and lows.
Great video, thanks
excellent video as always. Just wondering if there are good video explain about fundamental trading
please could you do a vid on order blocks,both bearish and bullish,cheers
Love it! Thanks a lot!
Thanks. Great info.
So how about Gold and silver , what's the best day to trade them
Very good video, Thank you SIR
Thank you so much for this
No more indicators. Just Price action!
Hi David, can you please cove supply and demand levels?
Thanks for your request.
Getting into price action now. This video is ok. you say you have others, it does fall a little short.
5:22 Excellent Head and Shoulders setup there.
Great!! in your example you used 15minutes candle stick, I supposed that this is for one day trading. If I´m trading by week, should I use a 30 day chart with 24 hr canddles ? thanks
Hello there, you may watch a whole tutorial about what to consider when choosing a time frame on the chart. Here it is - th-cam.com/video/UClWf-g1oD0/w-d-xo.html.
I really learned from this video thanks
great stuff..
PRICE ACTION!! Nice, Thanks David... Do you have a video on amounts to start trading for the little guy? Can someone live from trading???
Hi Ricardo, the minimum deposit amount is GBP 100, EUR 100 or USD 150. Local currencies are available in certain countries. You may check this video on how much to risk on each trade - th-cam.com/video/IKf-gt2Vtm4/w-d-xo.html.
Nice 🤔I'm starting to get the hang of this
Someone please get this guy a drink of water..
Subscribed you're awesome, using this for cypto-trading.
Hi david
excellent job that was so for the best chanel I have been to most of the people are just wasting time.
I need sn advice
I am from Australia can you please advise me which are the best platforms for trading.
Hi - I use Trading212 in these videos. You can see all the various chart functionality etc - I would suggest you sign up for a demo to try it out by going to their website & see what you think.
Can you cover Parabolic SAR? Please...
Thanks, Roy. Your comment has been noted.
Great video!
Hey David,
Thanks for the video I am a huge fan!
I know you said that you like to keep your chart as clean as possible but what indicators would you say are the most effective within your trading strategy?
Thanks
I don't know anything your talking about. I am new too trading but I don't know why I lose so much money I've learnt from the videos but the money isn't increasing it's decreasing. I got told it's buy low sell high but then (like buy when the line goes low then sell when then line is high) I don't know what I'm doing I want to do this
well yeah thats the basics of trading to buy low sell high. But before you hit sell or buy button, you must determine market turning points. Basically you need to find that "turning point" where market is "low/high" and then "buy/sell" If you can manage to do it right most of the time then you'll be rich in no time xD
Jokes aside, Its so simple to explain that but hard to implement,we all have problems with that :D Goodluck dude :)
Pamdor3 just keep learning.I was once like you,every time I lose money I keep moving 2 steps forward,I read books,study charts as much as I can.
Trading is 80% fundamental analysis,20% technicals which is only for entry points and stop losses.Market sentiment should be the last determining factor
Keepin' et reeel with price action!!
Hello SIr,
I'm a newbie trader and i have some questions for you. Is VOLUME an important indicator and how to utilise it? Does it relate to this PRICE ACTION technique?
Really hope for a replu from Trading 212. thanks in advance...
You may take a look at these tutorials on volume indicators:
Volume Indicator Trading Part 1 - th-cam.com/video/wfySsU4JO3g/w-d-xo.html
Volume Indicator Trading Part 2 - th-cam.com/video/depNunVItWE/w-d-xo.html
What is the platform that you are trading on? I like it. It’s nice and clean looking. I use MT4 but I would like to change.
Hi there. The trading app displayed in the video is Trading 212. Open a free Practice Account with virtual money at www.trading212.com/en/Free-FOREX-Practice-Account-GBP.
Nice work sir!
Where do you buy your shirts?
I notice the analysis factors in time of day of trading for the local exchange. Can this analysis be applied to the cryptocurrency market which goes on 24/7?
Sure - the foreign exchange market is 24/5 so the same principles apply.
Thank u for this video
please make video tutorial on trading COT and carry trade
Could we have an actual live demo of this?
What software/platform is this?
I don't reckon you'd ever do a live video of you trading. By the way, great video !!
do you guys have a course on trading. if you do how much is it what does It include.
Hi, Jose. Watch the tutorials in this channel and stick around for more - fresh content every week. Open a free Practice Account and test your trading strategies in real market conditions with virtual funds: www.trading212.com/en/Free-FOREX-Practice-Account-GBP. Read the educational materials at www.trading212.com/en/Get-to-know-FOREX-trading. Get in touch with the customer care team, in case any questions arise: www.trading212.com/en/Contact.