Day Trading OVERWHELMING Market Structure & LIVE Agressive Trade EXAMPLE

When you are starting trading and starting to read the price chart there is too much information coming at you. It is very hard to try to understand where the market is heading and this is why we are using short term trend lines to keep us on the right side of the market. Trendline rule says, after a break there is going to be a retest of a new extreme. If you are struggling to find the bigger pattern, just follow the short term trendlines.

If you are interested in learning to day trade stocks, forex and futures SUBSCRIBE to the channel and I hope you enjoy the videos!

The best way to became consistantly profitable is to learn to read the chart in its purest form. There is no holy grail or set of indicators that can make you rich without work. Learning to understand how prices move and why they move is a learnable skill that anyone can achieve.

OUR PRICE ACTIONS RULES WORK IN EVERY MARKET AND EVERY TIMEFRIME.

Priceaction is universal and technical analysis patterns repeat over and over again on consistent basis.

In this video you will get a grasp of:
How to draw trendlines
Technical analysis of sp500
What are second entries
How to trade trading ranges
How to use moving average

Trading with a fear is the most common fear most trade have. It is crippling and can get your mind frozen. The key to consistancy is to be emotionless and fear nothing in trading.

Key rules of our strategy:
1) Second entried in the direction of a trend
2) Trendlines
3) Failed breakouts
4) Failed second entry counter trend
5) Support and resistance

Target Profit - 10 Ticks
Stop Loss - below signal bar (around 10 ticks)

Overall market context is more important than individual patterns.
Technial analysis works and it repeats over and over.

#Daytrading #TechnicalAnalysis#PriceActionTrading

[vaibhavkamble]

Wouldn't second entries be differrent on higher or lower timeframes? How did you finalize your execution timeframe and do you change it according to volatillity? Thanks.

[thousandlocks]

You are simplistic version of Al Brooks. Was he your mentor?

[sandytaunk]

Sensei please let me know when do you start and end your trading, US time zone

[garthwebster]

At 7:30, I've made the same error in going long. As you pointed out that this was the end of a second leg up, I also look left and notice the small double top of resistance. Thanks for the video. Your analysis is spot on. Keep the great videos comig, please.