Price Action Trading Like an Elite Prop Trader (4 Killer Setups)

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  • Опубліковано 22 лис 2024

КОМЕНТАРІ • 167

  • @mrczz6690
    @mrczz6690 6 місяців тому +5

    I’ve been trading since 2012 and have made over 16,000 trades. I’ve read Al Brooks books and other price action books. These videos are the best on the internet that I’ve seen, and I’ve seen hundreds. Very clear and right to the point. Put the work in, and be patient for proper set-ups. Another good book is The Mental Game of Trading by Jared Tendler. Enjoy

  • @comawhitejohnny
    @comawhitejohnny 7 місяців тому +31

    Now THIS is how people really learn! Seeing it live with guidance!

  • @andrewchan7232
    @andrewchan7232 7 місяців тому +36

    This was amazing! A live bar by bar review, while providing commentary for the price action thought process. More of these videos! Thanks SMB!

  • @bruceritchings5336
    @bruceritchings5336 5 місяців тому +8

    Been following SMB for years---this is one of your very best instructional videos. MANY thanks!

  • @AP_123_
    @AP_123_ 6 місяців тому +10

    More of these videos, please. It really helps as a visual learner to see it and hear your expertise while watching the trade!! Very informative!! Thank you.

  • @keanuj1660
    @keanuj1660 5 місяців тому +4

    Best UA-cam channel by far for learning real trading stuff ! Thanks SMB Team ❤

  • @P19S72
    @P19S72 7 місяців тому +18

    One of SMB's best videos. Thank you.

  • @ginagingercats
    @ginagingercats 7 місяців тому +7

    "Trading the price against the prior price": great illustration from Jeff of scalping mindset--

  • @thegiggler2
    @thegiggler2 5 місяців тому +3

    Super helpful to see a live-style PA commentary.

  • @Everflow0
    @Everflow0 7 місяців тому +7

    I truly value the explicit connection to the strategies discussed in the seminars. Jeff's relatable analogies provide captivating visual representations without oversimplifying the information. I personally find this teaching style to be very relatable and effective. Thank you.

  • @F0CUS_75
    @F0CUS_75 6 місяців тому +3

    Great video, thank you once more SMB.
    Once I was really trading "in the zone" I found out almost the same strategy, I back tested it and it turned out very difficult to master due to that "zone" which you have to be in. (riding the waves) like you have to be in sync with the market. I called it in my playbook the "Reverse and Chase" strategy. My best run was 6 trades in a row with 4 winners in total 22,6 R profit. (and 3,8 R loss)
    Its something I never use anymore but with your comments (patience) I might look into it once more.

  • @bobchristian2952
    @bobchristian2952 7 місяців тому +5

    Jeff is an absolute master. Thank you SMB for all the resources and knowledge you share.

  • @rayherman9713
    @rayherman9713 6 місяців тому +8

    Fantastic vid once again. Jeff Holden has a way of explaining that makes it very understandable!

  • @GeoffreyGreene_au
    @GeoffreyGreene_au 7 місяців тому +5

    As a pyjama trader from Australia, SMB is the team I look to first as I develop my trading skills. You guys are tops in my book. G’day from your biggest fan down under!

  • @michaelmickle9321
    @michaelmickle9321 2 місяці тому +4

    Jeff, love the scalping strategies. Question for your day-trades, how many days out (expire) to you look for in the option chain? 5-7 days?? Less than that? Especially in the Hitchhiker and Fashionably Late day trades. I appreciate your ideas?

  • @slademc1
    @slademc1 7 місяців тому +58

    What a great video, more like this one. I like the real life example of showing price action and discussing what’s happening.

    • @saravpreet100
      @saravpreet100 7 місяців тому +5

      Exactly real examples give more confidence

  • @piotrkaczynski9843
    @piotrkaczynski9843 6 місяців тому +4

    more videos like this one a lot of your videos are about persons mentality which is obviously important thank you for whole package

  • @kcwise55
    @kcwise55 7 місяців тому +10

    This just enhanced my understanding of auction market theory....... This Pretty much is a real world example .......
    Competitive buyers enter at prices they would like to buy at
    Competitive sellers enter prices they like to sell at
    Price is an advertisement for an auction to gauge the level of interest for participants..

  • @gavinleathley4676
    @gavinleathley4676 7 місяців тому +27

    Awesome commentary puts the technics into perspective in real-time, it is a great way to convey the info ! Bravo

  • @Alexandrecadet-l4f
    @Alexandrecadet-l4f Місяць тому

    Благодаря тебе стал разбираться в арбитраже и связках)

  • @daytradefest
    @daytradefest 7 місяців тому +2

    The pattern there in my opinion is that the chart shows Big down trend, momentum through support sell off, small buy momentum, then consolidation and then big sell off again. small buy momentum, then conslidation, then sell off again. then the buyers finally come back with support. Seems to be the pattern . You could scalp 1- 5 cents during consolidation, or just ride the sell side momentum down or scalp 1-2 cents on the buy side during the sell off let the momentum come towards you by setting your buying price 1 -5 cents lower than what the current trading price is, then sell out position and make a penny or 2 on the buy side while the stock still pushes down, if you know what your doing.

  • @j.p.dgfstyle6099
    @j.p.dgfstyle6099 7 місяців тому +16

    The fact that these videos are free is unbelievable.

  • @CationicGibbon9
    @CationicGibbon9 Місяць тому +1

    Please do more of these!!

  • @gfsdgdfgdgfdd
    @gfsdgdfgdgfdd Місяць тому

    Попробовал - работает. Благодарю за подсказки.

  • @KIENTRUCPASIA
    @KIENTRUCPASIA Місяць тому +1

    Связка топ, спасибо за информацию.

  • @alexanderthegreatxx1
    @alexanderthegreatxx1 7 місяців тому +6

    Mike I am grateful for YOU and guys like especially Lance and the team. I feel like part of your work family and one day I hope to be but for now, you and SMB have really helped me to change my life to the better financially. Blessings to you all brother.

  • @chilatelover
    @chilatelover 7 місяців тому +8

    I loved every second of this video. This was a thing of beauty. More please Jeff!

  • @milos4437
    @milos4437 5 місяців тому

    Extremely useful video, step by step. Great concept of explaining things. Bravo 👏 👏 👏

  • @skiff831
    @skiff831 6 місяців тому +3

    Great video, more of this please

  • @jonathansmith9705
    @jonathansmith9705 6 місяців тому +2

    Around 17.5 mins in you mentioned, "we're onto a second trade." What was that trade? The break of the low of the first candle was one ... there was no suggestion to get short when it started breaking lower, rather wait for consolidation first, then a breakout.

  • @edieros8762
    @edieros8762 6 місяців тому

    Well Said... it's Okay to wait for parabolic moves once in a while but more so take advantage and scalp small sure moves that most of the time reoccur in the market

  • @whatsupdoc904
    @whatsupdoc904 3 місяці тому +2

    No one would be mad if SMB were to only produce these videos until the end of times!!!

  • @BITTERTRUTHISBITES
    @BITTERTRUTHISBITES 7 місяців тому +8

    this is the kind of video I want to see more. walk through on a going trade - price action. thanks

  • @advancedbodydesign
    @advancedbodydesign 7 місяців тому +3

    Time of Day is Key as well....
    I break market into time zones...

  • @MrGd69
    @MrGd69 3 місяці тому

    Excellent presentation, this is exactly the type of trading styles I am looking for (that is suitable for me), thank you!

  • @reneperez454
    @reneperez454 7 місяців тому +1

    Great video, SMB is the best channel to learn from, thank you for putting out content!

  • @MarvishaN
    @MarvishaN 7 місяців тому +93

    While this provide an actual strategy on trading and how to make gains. After trading stocks for just over 10 years, i'm struggling to make gains presently. How do i adjust or revamp my $230k portfolio? or should i consider some defensive investments?

    • @debwes1
      @debwes1 7 місяців тому +3

      In this current unstable markets, It is advisable to diversify while retaining 70-80% in secure investments. looking at the worth of your portfolio, you should consider financial advisory.

    • @georgeh.5126
      @georgeh.5126 7 місяців тому +3

      Right, a lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years, I needed a good boost to stay afloat as a tradr, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m

    • @josephbush
      @josephbush 7 місяців тому +2

      @georgeh Please who guides you on the process of it all? I’ve been down a ton, I’m only holding on so I can recoup.

    • @georgeh.5126
      @georgeh.5126 7 місяців тому +3

      She's one "Amber Russell Bennett", she also maintains an online presence. Just make a simple search for her name online.

    • @josephbush
      @josephbush 7 місяців тому +1

      Thanks for this. Found her and looked through her credentials before contacting her. Once again many thanks.

  • @BrunoMiranda-ec7nm
    @BrunoMiranda-ec7nm 7 місяців тому +1

    Great Video on how to implement. That's the future of a good prodcut! Implementation.

  • @rcrawford1030
    @rcrawford1030 5 місяців тому +1

    I trade future, can you use these scalps in future trading?

  • @АрсланМагомадов-о1о

    Связка отличная, респект автору!

  • @rubinioT
    @rubinioT 2 дні тому

    Very helpful, thanks for this detailed explanation

  • @INDENTUREDTRADER
    @INDENTUREDTRADER 5 місяців тому

    How do you size correctly then, how do you determine what is the correct size for any given trade?

  • @kimpeater1
    @kimpeater1 7 місяців тому +4

    backtesting with hindsight is too EZ. how about forward testing in a live environment?

  • @Chethandbl
    @Chethandbl 5 місяців тому

    Hi... great video and great learning.. please continue with similar types.... thanks

  • @siranton14
    @siranton14 7 місяців тому +2

    These 4 setups are pretty much all I have been using in the last 3 months , up a little over 60% in my account since the scalping program came out .

    • @Sasa_S77
      @Sasa_S77 7 місяців тому

      what scalping program do you mean?

  • @Shiv00532
    @Shiv00532 7 місяців тому

    That was a great video, the live commentary with price action explanation was just needed , waiting for more such videos in future.

  • @AriesWarlock
    @AriesWarlock 5 місяців тому

    Great video! Thanks for the cheat sheet.

  • @blackta500
    @blackta500 7 місяців тому +5

    Traders pay attention ... powerful concepts here ..

  • @АлександрКоролев-з3ф
    @АлександрКоролев-з3ф 5 місяців тому

    Спасибо! Отличный материал.

  • @GuillaumeRosselet
    @GuillaumeRosselet Місяць тому

    On which settings is your VWAP indicator? thanks

  • @tonymontgomery7708
    @tonymontgomery7708 6 місяців тому

    Great strategy and professional tutorial

  • @YubleSplash
    @YubleSplash Місяць тому

    Связка огонь, автору респект

  • @guangqin783
    @guangqin783 7 місяців тому +2

    Thank you very much for sharing.🎉

  • @ricardocordero5318
    @ricardocordero5318 6 місяців тому

    Please do more videos like this!

  • @joefeinstein6804
    @joefeinstein6804 7 місяців тому

    Great way to get in more reps on a Saturday - awesome bar by bar. Thanks Jeff!

  • @JVLS5
    @JVLS5 6 місяців тому

    Appreciate the content guys 👍

  • @redobladoeverlie2630
    @redobladoeverlie2630 Місяць тому

    What's setting of the indicator?

  • @AM2K2
    @AM2K2 7 місяців тому

    It is easy to trade in hindsight but I've seen enough of your previous videos to know you're the real deal - thanks

  • @aravindtiwari9702
    @aravindtiwari9702 6 місяців тому

    Quality content as always!! 💯👍

  • @NikitaFlore
    @NikitaFlore Місяць тому

    Это как всегда очень хорошие связки советую пробуйте не пожалеете

  • @prettybird8942
    @prettybird8942 7 місяців тому

    As always, greatly appreciate the actionable content SMB Capital provides day in - day out !

  • @matthewchuckherstrom9959
    @matthewchuckherstrom9959 7 місяців тому +1

    Yet another great video from SMB 👏🏻👏🏻👏🏻🍻🍻🍻. Thanks, guys, as always!!

  • @Evertonbueno-h1z
    @Evertonbueno-h1z Місяць тому

    огонь, лучшая подработка в моей жизни

  • @G_Mac_Trading
    @G_Mac_Trading 3 місяці тому

    Great Video , Thank you

  • @justinhudson6561
    @justinhudson6561 2 місяці тому +2

    I'm favoured, $60k every week! I can now give back to the locals in my community and also support God's work and the church. God bless America..

  • @Upliftinng
    @Upliftinng 7 місяців тому +2

    Great video SMB team. Looking forward to seeing more videos on scalping. Could you please clarify the timeframe used in this chart?

    • @jameslinmd
      @jameslinmd 7 місяців тому +2

      He already said it's a one minute chart in the video.

    • @Upliftinng
      @Upliftinng 7 місяців тому +2

      @@jameslinmd missed that, thank you.

  • @Simplex_v8
    @Simplex_v8 4 місяці тому

    I was filled my mind with crap now a see live commentary how to see price 😁 thanks for this great video

  • @Aus_Dan
    @Aus_Dan 7 місяців тому

    Very appreciative of this video, thank you.

  • @PeterDuckworth-y2q
    @PeterDuckworth-y2q Місяць тому +1

    The information is definitely useful, but please tone down the volume! It's hard to focus when it feels like I'm about to go deaf. 😅

  • @MdAbdullahRahomat
    @MdAbdullahRahomat Місяць тому

    good luck n have fun

  • @dewiaidy964
    @dewiaidy964 Місяць тому

    Всё работает отлично, большое спасибо

  • @benv.5170
    @benv.5170 7 місяців тому +2

    I think it is assumed but do you guys recommend using the 9 EMA line for following the trend price action?

  • @tylerreinholt5135
    @tylerreinholt5135 7 місяців тому

    Amazing video! Much needed going into next week changes indeed

  • @Hammad_khan.321
    @Hammad_khan.321 7 місяців тому +4

    What is other than just price action trade only? What it does it mean?

  • @nyu61
    @nyu61 7 місяців тому

    Thanks a lot Mike for the video. A quick question what is generally recommended for such trades options or futures?

  • @CinemaGal15
    @CinemaGal15 6 місяців тому

    What time chart is he using?

  • @lesfrick2976
    @lesfrick2976 7 місяців тому

    One of the best. ❤

  • @guillermotrujillo6045
    @guillermotrujillo6045 6 місяців тому

    Very good video, thanks!

  • @Tampanda
    @Tampanda 7 місяців тому

    The first trade you talked about offers a very low risk to reward. You put your stop at the high of the open, but took profit only one candle after the break below.

    • @whynow4306
      @whynow4306 6 місяців тому

      Obviously when you trade price action you watch your trade. You dont know if you are engering 1:1 trade or 1:5 trade or Break even or a loss. Thats what active price action trading is

  • @sohilmasani4959
    @sohilmasani4959 7 місяців тому +1

    Which MA is on the chart.

    • @Bhasan1
      @Bhasan1 7 місяців тому

      9 ema. He mentions it around 13:50ish

  • @Ironboots123
    @Ironboots123 7 місяців тому

    Thanks for the instruction…..excellently performed ❤

  • @joshuatan9002
    @joshuatan9002 7 місяців тому

    Thank you for the videos!

  • @HuryHury-y1p
    @HuryHury-y1p Місяць тому

    danke

  • @UbtUbt21
    @UbtUbt21 Місяць тому

    Я торгую на валютном рынке, интересно посмотреть подобные вещи, спасибо

  • @beginnerInvestor976
    @beginnerInvestor976 5 місяців тому

    Amazing video. Super

  • @jackjack8390
    @jackjack8390 3 місяці тому

    Jeff says: “DO IT!”

  • @tjadd5454
    @tjadd5454 8 днів тому

    Hello. How is seth ??

  • @KT-zx9jr
    @KT-zx9jr 7 місяців тому

    Good clip gents, thanks

  • @leeles
    @leeles 7 місяців тому

    Hi Jeff, great video. What timeframe is this? It looks shorter than a minute. Is it 30sec?

  • @Normirga
    @Normirga 7 місяців тому

    what stock and date was this? Thx.

    • @human1513
      @human1513 7 місяців тому

      Many, many stocks have been doing this pattern daily for over a month.
      And has been a pattern to be aware of for 20+ years.

  • @bertt72
    @bertt72 7 місяців тому

    Is that a 10ema moving average please?

    • @whynow4306
      @whynow4306 6 місяців тому

      I think he said 9 Ema

  • @АселАсел-щ8х
    @АселАсел-щ8х 7 місяців тому

    Indecador??

  • @craigh5631
    @craigh5631 7 місяців тому

    Thanks Jeff !! Great explanations. So with the Fash late scalp you can take it with checks in favor on the 9 up through Vwap and if it sets later to the short side on a 9 break of Vwap to the downside for a short on the same stock ?

  • @MinotauroTrading
    @MinotauroTrading 5 місяців тому

    It seems that no matter what i do i always loose. The market get my stop loss and moves the other way. I have had trending days where i was in the right side of the trend and got stopped out 5 times. Its frustraiting

  • @eternalharriet
    @eternalharriet 6 місяців тому

    thank you so much

  • @nepalianstallian2514
    @nepalianstallian2514 7 місяців тому

    best video by smb capital

  • @kaanbyzt
    @kaanbyzt Місяць тому

    Спасибо за пошаговый разбор, все просто как пять копеек а заработок не копеечный)

  • @ff_demirtuncer
    @ff_demirtuncer Місяць тому

    Полезная подсказка, помогло.

  • @gregorystewart4887
    @gregorystewart4887 7 місяців тому

    Thank you for the video

  • @Lost4llen
    @Lost4llen 7 місяців тому

    Excellent video, felt like being coached at SMB