Good afternoon or morning Stacey. This video is one of the "Gems" for traders to watch and learn from. I took a sell trade on the ERU/USD after the M pattern was formed on the 5 minute chart. The pair dropped about 70 pips after the double top of the M was formed. The M was also formed under the previous weeks high. Thanks again Stacey. Keep the lessons coming.
It is unbelievable that this content is free, this channel continues to revolutionalize my trading. I have been searching for this 3 M/W Types everywhere. Thank you
I’ve been looking for this video since I heard you mention “types” of M’s and W’s. I’m not sure why I had difficulty finding it but it was well worth the hunt. This video is absolute gold! Thanks so much for the value you provide to us developing traders!
Hey thank you for this video. Please make one where you explicitly explain why these m and w patterns work. As in what market psychology makes them a recurring pattern in the markets. This can be in the context of smart money, mass psychology, hedgefund trading etc. Thank you.
Thank you so much. I panic when I see these patterns form at the beginning of the London session. Especially at the top or bottom of the range of the day. These are simple concepts but as a beginner, it gets crazy when it's live time and you think of all the possible moves the market could make.
Great content as always. Something else to consider with GBP crosses is the commodity pairs (AUD, NZD, CAD) vs the safe haven pairs (USD, JPY, CHF). Of course they don't quite move in tandem, but they do tend to take the same general path. Lately they seem to move opposite each other.
Thanks for the vid Stacey. Are you able to please share how you configured the range expansion tool that you use on MT4? Is it downloadable or have you just changed the Fib settings? If so, is it please possible next vid, just quickly show the numbers inputted.
Awesome work Stacey, I look forward to watching all your tutorials. I see there is 3 Telegram channels in your name, are they you and will you be more active on that platform?
Very nice , m's and w's are easy to spot, the best are where the two peaks or 2 lows are very equal. All should end with a strong candle. Once you have this it gives very easy and clear entry point, so prefer to enter on these myself as it is very clear what you are waiting for. Regds sanj
Although the M and W patterns appear sporadically in other currency pairs, however if you trade Gold you will see them almost every day on the M15, M30, H1, H4 and sometimes even on the M5 and D1 charts. I always find them in variations on the M15 like 99% of the time on Gold especially this year (2021), on the Asian, London and New York sessions. If your timing is on point and you trade in the direction of these patterns, you can scale in some really serious profits in little to no time.
I understand two things from this video,no 01, why I made no progress in trading all this time ,but no 2 I have actually worked a lot on the markets recently that I know these moves by memory. Sor, do you mentor students.please.
Big picture is the key. You get killed in a smaller time frame. Now how do you think i know that? Trading in a smaller time frame point of view is the same as crossing the street without looking first. You will get killed!!!!!! Easier say than done but it is feasible. Every newbies starts out as scalper and I want it now the easy way. Well if it were that easy every one is trading Forex wouldn't it? It took me more than 1 year practice learning but i got killed when i did real trade. However i learn from each mistake and recover. Learn first earn later NO shortcut NO overnight getting rich if you have that mentality guarantee you will never make it. I am in this for a long term until the day i die what about u?
Good afternoon or morning Stacey. This video is one of the "Gems" for traders to watch and learn from. I took a sell trade on the ERU/USD after the M pattern was formed on the 5 minute chart. The pair dropped about 70 pips after the double top of the M was formed. The M was also formed under the previous weeks high. Thanks again Stacey. Keep the lessons coming.
cannot believe i have never seen this video its gold thank you sir
It is unbelievable that this content is free, this channel continues to revolutionalize my trading. I have been searching for this 3 M/W Types everywhere. Thank you
Great to hear Tutukani! Happy holidays!
SHUUUUSH
Dropping gems ....I’ve been at this trading thing for almost a year and I’ve never came across a video I understood SO much! Thank you so much !
Great to hear All! Always appreciate your feedback!
I’ve been looking for this video since I heard you mention “types” of M’s and W’s. I’m not sure why I had difficulty finding it but it was well worth the hunt. This video is absolute gold! Thanks so much for the value you provide to us developing traders!
Glad it was helpful Cliff! I appreciate the feedback!
You have completely transformed my trading style.....++
My Top 5 video. A must watch.
Learning new concepts of 12 candle window every day. Thanks for your time and effort to enlighten us Stacey. Stay blessed.
Thank you! You too Tamil! I appreciate the feedback!
@@StaceyBurkeTrading Like M and W patterns can we add 1-2-3 pattern for potential entry criteria?
This is so helpful...Thank you for sharing .
Only my 4th or 5th video but I'm slowly starting to get it. Thank you.
Hey thank you for this video. Please make one where you explicitly explain why these m and w patterns work. As in what market psychology makes them a recurring pattern in the markets.
This can be in the context of smart money, mass psychology, hedgefund trading etc. Thank you.
thanks Stacey
Hi Stacey, this is awesome, real Mentor, Thank a lots
Took alot not to chase price coming out of ASIA, I remember the best feeling was when i let the set up/pattern develop during the London
Facts
I'm late to the party with this video, but wow I got tons of value from this! Thanks Stacey!
hey Stacey thank you very much ,
Thanks Stacey
Salaam (peace) Pure Gold Stacey. Thank you!
You too Thank you
Thank you so much. I panic when I see these patterns form at the beginning of the London session. Especially at the top or bottom of the range of the day. These are simple concepts but as a beginner, it gets crazy when it's live time and you think of all the possible moves the market could make.
You are so welcome Takunda! I appreciate the feedback!
when Stacey says"I hope that make sense" Me: everything makes sense
Cheers Jim! I appreciate the feedback!
Great content as always. Something else to consider with GBP crosses is the commodity pairs (AUD, NZD, CAD) vs the safe haven pairs (USD, JPY, CHF). Of course they don't quite move in tandem, but they do tend to take the same general path. Lately they seem to move opposite each other.
Cheers LPS, I appreciate the feedback!
This made me Aha! Thank you Stacey!
Hi SB, please do you know where I can download a clear picture of the 'Variations of the Pattern' from 6.20 mins into the video? Thanks
Thanks for the vid Stacey. Are you able to please share how you configured the range expansion tool that you use on MT4? Is it downloadable or have you just changed the Fib settings? If so, is it please possible next vid, just quickly show the numbers inputted.
Hi Salman, I just changed the fib extensions to to 100% and 200% etc, just simple range expansions
Awesome work Stacey, I look forward to watching all your tutorials. I see there is 3 Telegram channels in your name, are they you and will you be more active on that platform?
Those aren't mine Peter. Don't know who set those up or if they are a group. I am not active in Telegram
Very nice , m's and w's are easy to spot, the best are where the two peaks or 2 lows are very equal. All should end with a strong candle. Once you have this it gives very easy and clear entry point, so prefer to enter on these myself as it is very clear what you are waiting for. Regds sanj
Thanks for sharing Sanj! Always good to hear from you!
Although the M and W patterns appear sporadically in other currency pairs, however if you trade Gold you will see them almost every day on the M15, M30, H1, H4 and sometimes even on the M5 and D1 charts. I always find them in variations on the M15 like 99% of the time on Gold especially this year (2021), on the Asian, London and New York sessions. If your timing is on point and you trade in the direction of these patterns, you can scale in some really serious profits in little to no time.
I completely agree. All you have to do is to master the timing.
@@Mon-nom-noM so true, timing is everything.
Hey do you still trade XAU? I just started using M and Ws would love to have someone to chat to who has experience with it. Thanks
I understand two things from this video,no 01, why I made no progress in trading all this time ,but no 2 I have actually worked a lot on the markets recently that I know these moves by memory. Sor, do you mentor students.please.
This was some meat that you don'tsee many youtubers dropped. I'm convinced that you may actually trade. Haha
Cheers Mickey I appreciate the feedback!
Big picture is the key. You get killed in a smaller time frame. Now how do you think i know that? Trading in a smaller time frame point of view is the same as crossing the street without looking first. You will get killed!!!!!!
Easier say than done but it is feasible. Every newbies starts out as scalper and I want it now the easy way. Well if it were that easy every one is trading Forex wouldn't it?
It took me more than 1 year practice learning but i got killed when i did real trade. However i learn from each mistake and recover.
Learn first earn later NO shortcut NO overnight getting rich if you have that mentality guarantee you will never make it. I am in this for a long term until the day i die what about u?
Sorry Stacey. Call me Thick if you like, but i have not got a Clue what you are going on about!
Thanks Stacey