Thanks for the heads up bro! Never thought I'd understand that pretty easily enough. Now what's left is trade with your trick on Cex with high liquidity, coz I do wanna make profits from this lesson and about that, MEXC has got my back.
What you're pointing out in the first example, after the consolidation and the larger bearish candle, is a classic liquidity grab to move higher. Hitting stops and grabbing that liquidity to attempt to push above the prior high. In the second example, with the wick making a new high, another saying to go with this is "wicks get run." So when you see wicks like that forming there is a higher probability that eventually the price runs through those wicks after (going back to example 1) grabbing enough liquidity to run through them. That applies in either direction. Have a stop loss plan in place (and stick to it!) for when the thesis breaks. on NQ maybe 5-6pts above/below the candle you're basing your following thesis on.
A basic description of finding general supply and demand zones while evaluating trend lines. You make it easier to understand, thank you! I love the risk management with the tight stops.
I've been actively trading since June of last year 22, watched tons of videos on how to trade and this is the easiest way to scalping. No need other indicators but trend line + moving your SL closer to price auction once you in prophet.
So far out of all the people I've listen to I like everything this guy has to say, and I'm listening to Five his videos right right now everything he's teaching is helping
I tried trading myself and lost over 500 in a night, this prompted me to get an expert sir Arlo Eric to handle it for a commission charge and I have been performing excellently well with good profits ratio weekly, quite an experience for me
trading hasn't been a good ride for me though I am trying to be better plus combining it with work doesn't give me enough time, Can I have your trader’s contact to help me
you sir... have lit a lightbulb in my brain... You are a genius! Increasing the stoploss higher than the entry point.... man that is insane... you have changed my day trading potential to the extremities. Subscribed!
It's called S-curve trading first described in the early 1960s. What is missing is the probability of reversal vs continuation during the oscillation. Good explanation though.
U can't learn trading from your peers without much trading experience. Omg...u learn it from pros... He doesn't even have MA lines. The trend is one thing the strength of the strength is another.
Thanks man many time i loose this chart pattern.. Some time i win., today i got a statergy from you.. Thanks alot.., you are simply amazing cheers. 🤑🤑🤑
Instead of trend lines, I believe it is easier to see moving averages. I like EMA's based on Fibonacci numbers (5, 8, 13, 21, 34, etc.). Enter following the surge of a candle off a moving average.
Thank you for sharing your knowledge and insights. You have a way of explaining things in the simplest, clearest terms. As you've said in a past video years ago, this is a game of self-improvement, and I am constantly improving my mindset and strategies thanks to you. I trust you're taking care of yourself because, selfishly, I am hungry for more content from you.
Riley, I've been subscribed to you off and on for at least three years. I don't even care anymore about the content of your videos, although I'm happy to see your resurgence. I just like you. I bet you would be a good friend to hang out with. You're so upbeat. I'm glad you found a new, more simple way to trade and you're making money more consistently. You deserve it. It just proves that if you have the willingness to stick with it, you will eventually find a way to become profitable in trading. Never give up.
Sir, In forex pairs SPREAD TRADING do you recommend use of CCI (say on 1H chart--cci 7,cci 14, cci30,cci50 values & add all these values on each pairs to spread & compare overpriced/underpriced leg).The pairs got to have correlations of at least 90%(say aud/usd &nzd/usd--aud/jpy &nzd/jpy--eur/jpy & gbp/jpy--gbp/aud & gbp/nzd etc.).Sell the overpriced & buy underpriced. This would give trader starting edge, staying power, size choice & risk control. You would be comparing deflection of prices summed up on multiple time frames(added up/robust) for asset A & B. Your wisdom is appreciated
If I use Ninja am I able to use that chart program you're using? being able to drag a bar to set stop loss looks pretty neat.. and drawing lines.. really tempted...
want to start getting into making youtube videos. can you tell me what software you're using for the editing and making your face in that circle shape etc? thanks!!
Riley, I just found your channel. So helpful! I use ninjatrader as well. How do you draw your reversal boxes? Is that an indicator or a drawing tool? Thanks!
thank you. is this strategy just work for uptrend or it works for downtrend too? if it does so in downtrend we should looking for a bullish candel in consolidation trend and then open sell trade?
📙14 Page Candlestick Patterns Guide➡rileycolemantrading.com/
📈Become a Confident Trader in Under 90 Days➡bit.ly/3OQedP3
Thanks for the heads up bro! Never thought I'd understand that pretty easily enough. Now what's left is trade with your trick on Cex with high liquidity, coz I do wanna make profits from this lesson and about that, MEXC has got my back.
What you're pointing out in the first example, after the consolidation and the larger bearish candle, is a classic liquidity grab to move higher. Hitting stops and grabbing that liquidity to attempt to push above the prior high. In the second example, with the wick making a new high, another saying to go with this is "wicks get run." So when you see wicks like that forming there is a higher probability that eventually the price runs through those wicks after (going back to example 1) grabbing enough liquidity to run through them. That applies in either direction. Have a stop loss plan in place (and stick to it!) for when the thesis breaks. on NQ maybe 5-6pts above/below the candle you're basing your following thesis on.
Bro you might actually be that guy who teaches this really complex stuff without making it seem so complex and without even trying
🤣
facts
It’s true
I was thinking the same thing
Facts yo
A basic description of finding general supply and demand zones while evaluating trend lines. You make it easier to understand, thank you! I love the risk management with the tight stops.
I've been actively trading since June of last year 22, watched tons of videos on how to trade and this is the easiest way to scalping. No need other indicators but trend line + moving your SL closer to price auction once you in prophet.
prophet
@@jakeherring3260 pig prophet
So far out of all the people I've listen to I like everything this guy has to say, and I'm listening to Five his videos right
right now everything he's teaching is helping
That ES vs NASDAQ futures dynamic is pure gold.
I tried trading myself and lost over 500 in a night, this prompted me to get an expert sir Arlo Eric to handle it for a commission charge and I have been performing excellently well with good profits ratio weekly, quite an experience for me
trading hasn't been a good ride for me though I am trying to be better plus combining it with work doesn't give me enough time, Can I have your trader’s contact to help me
I want to start trading also but very naive on the topic
Arloeric1 @
You can use his Gmal above to get in touch
Okay
Thanks much I have mailed him
Very well done video, easily explained and easy to understand
you sir... have lit a lightbulb in my brain... You are a genius! Increasing the stoploss higher than the entry point.... man that is insane... you have changed my day trading potential to the extremities. Subscribed!
It's called a trailing stop loss.
Great channel to learn technical analysis, crystal clear explanation, no fluff like the other channels.
Excellent simple video, doesn't make me tired after watxhing like the others
It's called S-curve trading first described in the early 1960s. What is missing is the probability of reversal vs continuation during the oscillation. Good explanation though.
I’m a beginner, can you point me to a book or resource that would benefit me. Thanks in advance.
i was waiting for this video brah!!!!!!!!!!
U can't learn trading from your peers without much trading experience. Omg...u learn it from pros... He doesn't even have MA lines. The trend is one thing the strength of the strength is another.
I was waiting for another videos of you
I’ve definitely gotten faked out plenty of times, so I look forward to giving this a try!
The best explanation about live candlestick fakeouts on TH-cam
Thanks man many time i loose this chart pattern.. Some time i win., today i got a statergy from you.. Thanks alot.., you are simply amazing cheers. 🤑🤑🤑
Instead of trend lines, I believe it is easier to see moving averages. I like EMA's based on Fibonacci numbers (5, 8, 13, 21, 34, etc.). Enter following the surge of a candle off a moving average.
Are those the numbers of the ema's?
@@diegobonilla4542 yes, 5 period moving ave, 8 period moving ave, etc.
What do you mean candle off of a surge? Like crossing it or bouncing off of it ?
@@tiestobobfx, bouncing off of it
My mentor calls it the R3 model. We use it to stack entries while it scares other traders out 💪🏿 🎈
My favorite options TH-camR :
Great video! I've learned a lot from your videos and will plan to apply this knowledge soon.
Thank you for sharing your knowledge and insights. You have a way of explaining things in the simplest, clearest terms. As you've said in a past video years ago, this is a game of self-improvement, and I am constantly improving my mindset and strategies thanks to you. I trust you're taking care of yourself because, selfishly, I am hungry for more content from you.
Beautifully written.
Hi! Nice vidoe, really u teach a lot with real practice
Great lesson. I learn so much from you. Number 1 youtube mentor. I tell everyone about you
Riley, I think You're the best day-trader on line, and I concour with your ideas 90+% of the time ... Very well done !
Nice Video, good Job. Where you Trade, i mean which broker?
Good stuff once again, Riley!
I just got faked out twice yesterday as it broke my trendline, only to reverse, exactly as what your vid has said. Thanks a lot of this! 💯
Awesome loved it 💪🔥
Thank u for sharing knowledge video.. Thank u from india... 🙏
An excellent video I have ever had; I learned a lot and appreciated sharing.
Great video 👏
Hello Riley, what Forex platform do you use?
thank you the knowledge is very helpful for beginners like me
Thank you for spending ur time always. Pls more bro !!!
Bro where is the link to your full day trading course?
Great info what platform are you chatting on ?
@KATHIMORGAN is her user name for help.
Riley, I've been subscribed to you off and on for at least three years. I don't even care anymore about the content of your videos, although I'm happy to see your resurgence. I just like you. I bet you would be a good friend to hang out with. You're so upbeat. I'm glad you found a new, more simple way to trade and you're making money more consistently. You deserve it. It just proves that if you have the willingness to stick with it, you will eventually find a way to become profitable in trading. Never give up.
It's been a long, hard but rewarding journey for sure!
What platform you use ?
Seems like moving the stop loss was super easy with platform you are using. Thanks
That platform is NinjaTrader
Ninja Trader
Do you use vol ? If so…when ?
This is quality material
Hey Riley, what are your thoughts on using Elliot wave patterns and fibonacci tools to make high probability trade setups? Great job btw!
Thanks Riley! Bgm please? 🙂
What brokerage are you using ?
@KATHIMORGAN is her user name for help.
@Riley you are my hero , thank very much for good strategy, God bless you .
You know what Riley! we are not all on adderal like you I need my indicators LMAO
Awsome video man. Learned alot=P
This works really well with stocks that fall below the 20 SMA on the daily.
does this also work for forex and for other timeframes?
what markets do you trade brother ?
Good info
This is awesome!
Riley why don't you trade binary options..
Thanks for the video sir.
Thank You for update
Who is your broker?
What broker do you use?
Great video! What’s your opinion on prop firms?
Hi Riley what program do you use for trading please?
HELLO WHAT PLATFORM DO YOU USE?
What broker you used?
Excellent informative video.
I actually recommend footprint to but yes prices work to.
what platform is this?
Would be great to have kind of weekly recap of your trades!
Good video. Thanks for sharing.
How much is ur margin and lev?
Hi.. what platform do you use in the video? I like it. 😊
Hi Riley, thanks for the helpful video! It is neat how you can put in orders on the chart like that. Which trading platform do you use?
Ninjatrader!
How much on avg are you risking to make $300/day?
What platform are you using?
Sir, In forex pairs SPREAD TRADING do you recommend use of CCI (say on 1H chart--cci 7,cci 14, cci30,cci50 values & add all these values on each pairs to spread & compare overpriced/underpriced leg).The pairs got to have correlations of at least 90%(say aud/usd &nzd/usd--aud/jpy &nzd/jpy--eur/jpy & gbp/jpy--gbp/aud & gbp/nzd etc.).Sell the overpriced & buy underpriced. This would give trader starting edge, staying power, size choice & risk control. You would be comparing deflection of prices summed up on multiple time frames(added up/robust) for asset A & B. Your wisdom is appreciated
What is the platform?
What trading platform is this??
What is the this trading app called?
Riley do you still have a trading group, can’t seem to find info??
Why is Micheal not doing anymore videos?
Very good trading strategy Sir
Sanjeeb Das
You can use the delayed reactions for safer entries.. which leads to trading allot of things not just 1 instrument which overall has more risk
What trading site do you use?
This is great, thank you, which timeframe was this chart on?
Thank you for this video ! Can you please do a video on risk management ?
What indicator are you use for the TP SL etc in the right ?
Do you only watch 1 min tf, or do you have more charts that we cannot see?
If I use Ninja am I able to use that chart program you're using? being able to drag a bar to set stop loss looks pretty neat.. and drawing lines.. really tempted...
What's the time frame you use
Used what I learned from your video today
what was the capital in that trade, people tend to live the out
Hello, i know this video is a year old, i follow your videos. Question, what is a good safe/broker to use for scalping? Thx
want to start getting into making youtube videos. can you tell me what software you're using for the editing and making your face in that circle shape etc? thanks!!
Riley, I just found your channel. So helpful! I use ninjatrader as well. How do you draw your reversal boxes? Is that an indicator or a drawing tool? Thanks!
wow thanks. I am a beginner who is learning in the nfc community. Hope I can get a lot of profit
Small, micro pattern… redundancy?
thank you. is this strategy just work for uptrend or it works for downtrend too? if it does so in downtrend we should looking for a bullish candel in consolidation trend and then open sell trade?
A popular video title these days: "___ was hard until I discovered ____" Everybody and their pets use it.
great video
What platform is that looking for a platform that I can move my stopliss like that
What platform are you using?
Webull doesn't let you rise your stoploss above your entry point.
@KATHIMORGAN is her user name for help.
Thx