Bar-by-Bar Price Action Trading Strategy

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Free Trading Training Content

Date January 31 2024

Time frame - 2000 tick chart
Instrument - S&P 500 ES Futures
Indicator(Supportive) - 21 bar EMA

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Price action describes the characteristics of a security’s price movements. This movement is quite often analyzed with respect to price changes in the recent past. In simple terms, price action is a trading technique that allows a trader to read the market and make subjective trading decisions based on the recent and actual price movements, rather than relying solely on technical indicators.

The only people who know where the market is heading are institutions. They are the ones who make the market move and our job as retail traders is to follow their footsteps and get the piece of their movement. As price action traders we need to find the most profitable ways to enter trades. The highest probability setups are 2nd entries, its variations and confirmations setups at the key entry points.
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Was trading a 500 tick MES chart today instead of the regular 2000 on ES. Missed the entry on an okay F2EL at 1:38 instead of your 2ES, right before that massive move to the downside and called it quits for the day because I got tilted haha. Great video as always TW, lets finish the week strong!

ethanbone
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Thank You, 1W 1 BE today. Started late with things I needed to attend to came in with a TT LH and ended the day with a BE with a little issue that came up. Green however

Archer
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Very nice Thanks! Great to hear your reasoning for entries. I have more issues with exits. If you are trading 0DTE you also need to predict the strength of the move since time decay will kill you.

sirrobinhood
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I took that LH confirming the 2ES caught a 25 point runner did you also take that setup Tomas

johnnynandez
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Sir i am from India. Its been 1 month i am following you. And i can see improvement in my treading.

Every day i visit your play list and learn from it.


Thanks for your support. May Jesus bless you with more wisdom and prosperity.❤

ProfitCenter-kuks
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Thanks Thomas! Another great day. CL & ES 2 clean trades in total. A 2ES and a LH confirmation setup after the FOMC madness. See you tomorrow!

sacredgeometrytrading
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Thank you Thomas. Great information as always!

jayjay-brxv
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Thomas if you’re in the middle of a trade and your understanding your on the wrong side of the market would you say to cut your loss early.

BabyTrades
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Thanks Thomas!! Always appreciated it very much ! Ended 2/0 today. Was a pretty good trading day. However this could have been an easy 3/0 but i left earlier 😅😅. But I'm getting there. Only thanks to YOU!! ❤❤ 😊

littlehammer
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How do you guys learn all the lingo and see this stuff so fast?

chrisz
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so stupid of me i couldnt take the the textbook 2es or hl because of fear. complete irrational fear. 0-0.

FXTeacher
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Thank you, great day for me. Slowly building confidence

electronaota
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The past 2 weeks have been really hard for me but today I finally manage to get back in the zone. I took those last 2 setups of the day. Absolutely beatiful textbook trades.

jaypr
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took 2 win early but FOMC ruined mental losing myself in it turn out in loss, having a rest and sim trade rest of week

operationsin