Scalping Was Hard, until I Found This Secret

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DISCLAIMER: This video is for entertainment purposes only. Trade based on what you know and understand not what someone else says.

#DayTrading #scalping #scalpingstrategy
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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.

PurpleHeartSti
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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.

yomom
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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

ricksewardpumping
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That ES vs NASDAQ futures dynamic is pure gold.

rebelandatrader
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Great video! I've learned a lot from your videos and will plan to apply this knowledge soon.

kevexboy
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Great channel to learn technical analysis, crystal clear explanation, no fluff like the other channels.

whatevernameitis
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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.

DIYerGirl
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Excellent simple video, doesn't make me tired after watxhing like the others

supremest
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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.

RL-vdfh
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Very well done video, easily explained and easy to understand

liakella
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Nice video especially about moving your trailing stops and locking in your profits in case of a trend reversal. Salute!

makemoneyforex
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Riley, I think You're the best day-trader on line, and I concour with your ideas 90+% of the time ... Very well done !

apfelsnutz
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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!

Moridagnir
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Bro you might actually be that guy who teaches this really complex stuff without making it seem so complex and without even trying

WooStack
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Thank you for spending ur time always. Pls more bro !!!

NBA_
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An excellent video I have ever had; I learned a lot and appreciated sharing.

victoryuipworks
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I’ve definitely gotten faked out plenty of times, so I look forward to giving this a try!

shaunrayyy
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Bro i like it this video it's so simply and your explaining is so great and very simple keeps going bro 🤝🔥

Adeleasher
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Hey Riley, what are your thoughts on using Elliot wave patterns and fibonacci tools to make high probability trade setups? Great job btw!

josephmartin
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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!

njl