I have subscribed to Right Way Options. Every morning when I"m not working. I sit in front of my computer. The first tool I use for trading is Right Way Options Market Prep video. It helps me to see how the day will go. The video and my coffee are the only two things I need for trading. Thank you Doug.
Just so freakin good. I’ve been listening to your series since yesterday. All of them are pure gold. Anyone who trades should be taking notes and putting the lessons to work. Thank you Doug, you are da best. I’ve said that before and will say your presentations, the way you explain are simply superb.
Awesome. Love his SIMPLE Strategies. I have view several videos, and none disappoint. I'm planning on becoming an Expert at Trend, Reading Price Action, Support and Resistance … The Key to SUCCESS.
I've been playing around with the trendicator on weekly charts in addition to the daily. Similar to Elder looking at the weekly first to determine a bullish/bearish bias, then "zooming" into the weekly ... so you're not swimming against the tide. :)
Great video.. Learned so much... such great value.. I will definitely follow support , resistance and trend lines and not chase a stock... All I can say is Wow... thank you so much..
Doug, thank you so much for what you do! As a newbie trader, I have found your videos and morning preparation sessions invaluable! .... I have returned to watch this video several times, and have really found the velocity stop very helpful when it comes to setting stop losses that don't trigger unnecessarily. Here is my dilemma, if you can offer any sage advice. (Who knows maybe it'll give you an idea for another one of your great videos? ) When I am in a trade, and the price is still going up, but the trend (as indicated by the red and green dots) changes to red.... I can't tell where to set my stop loss anymore, since the red dots are now showing where the stop losses should be for people betting short. Is there some way for me to see what the velocity stop would be for somebody still holding the stock? Anyway, I sure appreciate you putting your information out there, for the new people to figure out what the heck is going on. :) -Monty
If I can stop losing I’ll be happy. Last few months have not been easy but I still get up at 4am and plug away. You, Rick and maybe 1 or 2 others are truly working on behalf of the traders. The rest are selling courses without actually trading and sucking money from well intentioned traders who are trying to learn and make a living.
Does it matter if we should buy only above EMA 200? or EMA 50? I`m struggling to decide if I should only sell below ema 200, for example and buy only above that level. Could you help me, please?
Your very welcome Mike and its nice to know you find the content useful. Keep drawing up those charts and remember Price Is King. I wish you great success!
Hi Doug,fantatstic video and I would like to know how will I get support and resistance levels on one day heikenashi candle, could u pls help me in this matter.
Excellent video! Excellent information! You made many things much clearer for me and I had many “Aha! moments when your explanations just clicked. Thanks so much for making these videos available - I watch them any time I have some spare time and one day I’ll get through all 500! Thanks again for such great info for us struggling traders :-)
Your very welcome Alyssa and thank you for such a kind and thoughtful comment. Keep up the hard work and know that I am always cheering for your success!
Hi sir. I am using tradingview for charting as i am not a professional but learning still. The ema 17 if combined in vstop , my vstop shows only green colour even on downtrends. How to solve that issue. Kindly help. Subscribed.
I love your calm and patient approach with traders. There is another market technician I follow, but his approach is more like that of a Marine Corps drill instructor. I guess some people respond better to that behavior. I'm still trying to figure out how to *PROPERLY* use VSTOP. I was under the impression that it was to be used to set stop loss orders. Then I heard you say that they should be set *"below"* the VSTOP. Of course when I heard that, I naturally wondered *HOW FAR BELOW?*
The more time you spend watching your chart, the more you will learn. This is a job where you survive until you learn. But first you need to master one strategy. It can be the VWAP or bull flag but for me it is the IQD STRATEGY DEVELOPED BY LUKASZ WILHELM or you can create your own strategy. Narrow your choice down, develop the area of your strength into a workable strategy and then use the strategy to survive. The IQD strategy is not just for survival but to lock in profits.
Thanks for making this videos you are great mentor . You apply the entries that you showered for stocks and options correct? have you made any videos on when to exit? thanks.
Hi Evelyn and thank you for your kind comment. Yes the entries work for both stock and options. There are videos about taking profits on the channel in various places. I will try to do a future video on profit taking as soon as possible. Have a great day!
It could be done in TOS I think but will require a very complicated custom indicator script that I have not taken the the time try and write because its so easy to accomplish using TC2000. I iwsh you all the best!
How do you get the red dots to line up with the green dots at the point of transition on the Volatility stop indicator. By default, the volatility indicator is 1.5 ATR from the 17 period EMA.
Hi Frank. All you have to edit the Vol. Stop indicator so it's based on the 17EMA rather than price and you have a great trend following tool. Have a great day!
Thank you very much ZRN and thank you for commenting. You can contact me through the website. Here is the link hitandruncandlesticks.com/contact/ Have a great day!
I think TOS could certainly run the indicator but I would require custom coding to be written. TC2000 makes it very easy and I highly recommend the software but I understand that's an option for everyone. If you can code it and get some help coding it I'm confident TOS could support the indicator.
Great explanation, this video can be used as a University level class instruction
Wow, thank you very much KRC i'm glad you found it so helpful. I wish you great success!
I have subscribed to Right Way Options. Every morning when I"m not working. I sit in front of my computer. The first tool I use for trading is Right Way Options Market Prep video. It helps me to see how the day will go. The video and my coffee are the only two things I need for trading. Thank you Doug.
New trader and subscriber. Your videos are easy to understand and very informative. Thank you so much.
Welcome and thank you very much. I wish you success on your trading journey.
Very simple but very effective. Thanks so much Sir.
Just so freakin good. I’ve been listening to your series since yesterday. All of them are pure gold. Anyone who trades should be taking notes and putting the lessons to work. Thank you Doug, you are da best. I’ve said that before and will say your presentations, the way you explain are simply superb.
Awesome. Love his SIMPLE Strategies. I have view several videos, and none disappoint. I'm planning on becoming an Expert at Trend, Reading Price Action, Support and Resistance … The Key to SUCCESS.
Thank you Doug
Doug, I’d like to add, zooming out to a weekly chart has helped me TREMENDOUSLY in identifying support and resistance. Hope this helps 👍
I've been playing around with the trendicator on weekly charts in addition to the daily. Similar to Elder looking at the weekly first to determine a bullish/bearish bias, then "zooming" into the weekly ... so you're not swimming against the tide. :)
I totally agree with you Steve. Your trading the entire chart not just the hard right edge. Thank you for commenting. Have a great day!
Great video.. Learned so much... such great value.. I will definitely follow support , resistance and trend lines and not chase a stock... All I can say is Wow... thank you so much..
Thank you very much. I wish you great success.
Doug, thank you so much for what you do! As a newbie trader, I have found your videos and morning preparation sessions invaluable! .... I have returned to watch this video several times, and have really found the velocity stop very helpful when it comes to setting stop losses that don't trigger unnecessarily.
Here is my dilemma, if you can offer any sage advice. (Who knows maybe it'll give you an idea for another one of your great videos? ) When I am in a trade, and the price is still going up, but the trend (as indicated by the red and green dots) changes to red.... I can't tell where to set my stop loss anymore, since the red dots are now showing where the stop losses should be for people betting short.
Is there some way for me to see what the velocity stop would be for somebody still holding the stock?
Anyway, I sure appreciate you putting your information out there, for the new people to figure out what the heck is going on. :) -Monty
Great video! Thanks for the tips...made 63% on my first trade using these strategies.
Congratulations mekanic. Keep up the hard work. Simple pattern and simple trading wins the day. I wish you great success!
Great explanation , Thank you for sharing your knowledge. Can I use Hakenashi and Vstop for 200t or 400t on NQ?
More Great information, and great training. Thank you Doug.
Always Never BS, thanks!
I loved the live presentation and again watched it on YT. I loved it so much that I set one up right away. Thank you Doug you are just super good.
Thank you very much Rahul. I hope it makes you a bucket full of money!
If I can stop losing I’ll be happy. Last few months have not been easy but I still get up at 4am and plug away. You, Rick and maybe 1 or 2 others are truly working on behalf of the traders. The rest are selling courses without actually trading and sucking money from well intentioned traders who are trying to learn and make a living.
Take it slow but never get up. There is no Plan B.
Thanks.
Does it matter if we should buy only above EMA 200? or EMA 50? I`m struggling to decide if I should only sell below ema 200, for example and buy only above that level. Could you help me, please?
Thanks for another great video Doug. Really appreciate being able to learn from you
Thank you Ben and you are very welcome. I'm gald you find the videos helpful. I wish you all the best!
Thanks Doug, great vid. Finally got some time this weekend to watch. I've been drawing lines on all my charts and lists. So many charts!
Your very welcome Mike and its nice to know you find the content useful. Keep drawing up those charts and remember Price Is King. I wish you great success!
Hi Doug,fantatstic video and I would like to know how will I get support and resistance levels on one day heikenashi candle, could u pls help me in this matter.
Great as always . thanks
Is this pretty much the 3/8 trap without the EMA lines?
Thanks
Excellent video! Excellent information! You made many things much clearer for me and I had many “Aha! moments when your explanations just clicked. Thanks so much for making these videos available - I watch them any time I have some spare time and one day I’ll get through all 500! Thanks again for such great info for us struggling traders :-)
Your very welcome Alyssa and thank you for such a kind and thoughtful comment. Keep up the hard work and know that I am always cheering for your success!
Hi sir.
I am using tradingview for charting as i am not a professional but learning still.
The ema 17 if combined in vstop , my vstop shows only green colour even on downtrends.
How to solve that issue. Kindly help.
Subscribed.
I love your calm and patient approach with traders. There is another market technician I follow, but his approach is more like that of a Marine Corps drill instructor. I guess some people respond better to that behavior.
I'm still trying to figure out how to *PROPERLY* use VSTOP. I was under the impression that it was to be used to set stop loss orders. Then I heard you say that they should be set *"below"* the VSTOP. Of course when I heard that, I naturally wondered *HOW FAR BELOW?*
The more time you spend watching your chart, the more you will learn. This is a job where you survive until you learn. But first you need to master one strategy. It can be the VWAP or bull flag but for me it is the IQD STRATEGY DEVELOPED BY LUKASZ WILHELM or you can create your own strategy. Narrow your choice down, develop the area of your strength into a workable strategy and then use the strategy to survive. The IQD strategy is not just for survival but to lock in profits.
Thanks for making this videos you are great mentor .
You apply the entries that you showered for stocks and options correct? have you made any videos on when to exit?
thanks.
Hi Evelyn and thank you for your kind comment. Yes the entries work for both stock and options. There are videos about taking profits on the channel in various places. I will try to do a future video on profit taking as soon as possible. Have a great day!
Right Way Options thanks 🙂
Is there a way to accomplish this feature in ThinkorSwim or perhaps a code I can use to create it in ThinkorSwim?
It could be done in TOS I think but will require a very complicated custom indicator script that I have not taken the the time try and write because its so easy to accomplish using TC2000. I iwsh you all the best!
Thanks Doug. Do you use TC2000 for brokerage as well or just for charting?
Hi Joe, no I only use TC2000 for my charting and I have for more than 20 years.
GREAT thanks
Your very welcome mjablo. Thanks for the comment and I hope you have great success with indicator!
How do you get the red dots to line up with the green dots at the point of transition on the Volatility stop indicator. By default, the volatility indicator is 1.5 ATR from the 17 period EMA.
Hi Frank. All you have to edit the Vol. Stop indicator so it's based on the 17EMA rather than price and you have a great trend following tool. Have a great day!
Great video once again learnt so much from you in the last month or so can you please tell me how to get in contact with you
Thank you very much ZRN and thank you for commenting. You can contact me through the website. Here is the link hitandruncandlesticks.com/contact/ Have a great day!
Thanks 😉👍
Thank you very much Yarmila. I wish you great success!
I cant seem to get this to work with the TOS version. Any suggestions?
I think TOS could certainly run the indicator but I would require custom coding to be written. TC2000 makes it very easy and I highly recommend the software but I understand that's an option for everyone. If you can code it and get some help coding it I'm confident TOS could support the indicator.
@@RightWayOptions Ive been piddling around with the coding, I think it can as well
@@RightWayOptions figured out the coding, tos.mx/lUMF75
Great class. Are you settled on the name "Possum Lodge Indicator"? ;)
I just call it the 'Trendicator" on my chart. I know the name is already taken, but what the heck ... it's MY chart. lol.
Thank you Bianca. No that was more of a lame attempt at a joke. Have a great day!
" ... all we have to do is let the chart tell us ... " (Doug Campbell, aka The Chart Whisperer") Lol ;)
LOL Bill. Thank you for the kind comment I wish you all the best!
Tomorrow I think you’ll post your 500th YT video
Actually this one was number 500! Thank for your support.
Congratulations. You deserve a big thank you from all those that you have helped.