i haven’t binged watched a youtube channel/podcast and blog...at the same time...until now....#mindblown...this is by far the best christmas gift i’ve ever given myself...VPtheGOAT. grateful for you sir
impressive,i always knew this and thought that not a lot of traders realizes that "buy low ,sell high" is total garbage , the real method is , buy on higher low for up trend , and sell on lower high on down trend .
The last time I binged on several videos in one night was when Breaking Bad was released on Netflix.....doing it again now with No Nonsense Forex videos!! Lol Thank you VP for all the knowledge you are sharing. Lives will be changed for the better as a result. 👊🏻🏆👍
I’m just starting to trade forex, I wanted to for years and I didn’t want to pay because I thought it was a silly thing to do. In Jan I paid and joined a forex trading team and lost almost $900 and now I find this and it’s teaching me more than anything the group could have told me
What you are saying is not fully true. How do you know if a trend is near its end? When do you exit? Knowing when to enter and when to exit requires to have an idea of the reversals. Both methods are not that much different, it is just the question of deciding how close to the reversals you try to go. I don't see why both approaches could not be complementary.
Been watching almost all your videos. I learned how to trade on UA-cam and learn “how to trade” they’re all pretty much reversals. 2 years into learning I feel like I have to start learning from the beginning. I wish you would do a simple tutorial how to trend trade. Thank you.
planttrees Plot twist, these “How to trade” UA-camrs are just trying to fuel themselves by putting the majority on reversals while they will remain in the minority, doing the opposite of their teachings. Fuck I feel like this guy dropped acid while trading and had the connected the dots during the trip
I have one very simple question: if the banks can do whatever they want with the prices and this is what drives the market, how can your indicators possible work? Can they penetrate in the head of these big boys? I see some contracdition here... And if there is one single indicator in the world that can do it, RSI and all the ”crap” indicators out there may well be able to perform a little better than you claim...
this guy is the shiiittt! OMG im so happy.. I just cant stop listening to him! he doesnt know it yet but he is my mentor! ill do my homeworks and will jump in..i will pay it forward! free infos!? im not use to that! wow!! what a blessing THANK YOU VP!
OMG.... stumbled on this channel when I was desperately looking for a money management / risk management video, because I'm tired of losing money. And watching this video makes me feel like when I discovered Robert Kiyosaki over 20 years ago and hearing the "go to school, get got grades, get a good job" was really bad advice. Thank God I'm only 7 months or so into trading, and not 20 years, so I still have time to unlearn, relearn and get out of the 99%. Thank you so so much!!
VP, my heartfelt thanks for this video. i have no idea on why the candlestick reversal patterns work some of the time and don't work most of the time, and i have been working tirelessly to find out how to avoid the false reversal signals. I have been thinking and searching for a way to stay out of the false signals. Listening to this video for the fist time gave me the insight and knowledge on the why, the big bank why. Thanks again. Now, i follow your word - being a trend trader. Watching and listening to the same video by your goodself more than once help me to see the workings of a forex trader - learning how to swim with the sharky big banks and stay alive and reap good rewards in forex trading. Yes, i want to say "Thank you."
I'm really interested in hearing your ideas for indicators for trend trading. As someone just trying to build the knowledge base to start out, I wouldn't even know where to start past the indicators everyone always recommends. I hope you'll have some videos in the future that get into the specifics of this because I've really enjoyed some of our grand concept videos thus far.
Interesting how you take net-long and net-short and say "this is dumb money" and "this is smart money". So easy to do that when the dynamics is gone. What is more surprising is say "this is big banks". Of course, it could be. But then again it could be not.
Al Brooks said: Most reversals in a trend fail. He said 80% of the reversals fail! He repeats this again and again and again so that we never forget ;-))) Thanks for your VERY good videos. Much appreciated.
Great advice, and I think this is crucial. Forex can go up or down like crazy, going through all support resistance. In my experience, this is the number 1 way how people blow their accounts. I also learned the hard way.
I question that the central banks sole purpose is to go after the forex retail market since it only comprises of a quarter of the market. We have no influence on forex; we just go along for the ride. The other issue is geopolitical economics. A country may want to lower their currency evaluations to stimulate their own economy. VP says some good things but many experienced traders say the same thing-go with the trend.
This video bears significant weight. Most traders (me included) spent obscene amounts of time learning how to trade - reversals - because , well, that's the way we're taught and many of the indicators out there are designed to try and call tops/bottoms. For realz...it's a losing battle. Sure, you may get lucky once in awhile...but in the long run - your account is gonna get killed and you'll suffer financially and emotionally for it (been there). There's nothing like staring at a chart with pivot points, fibonacci and support/resistance levels, and whatever else you can dig up to give you a Denny's menu amount of choices to figure out where price is going to. If you don't choose wisely, you'll most likely get stopped out because it never hit your target - especially on a fast chart. Keep it simple (and logical)...abandon the fodder elsewhere and stick around here. Just say'in...
My question is this: If 99% of the market consists of the big banks, is it not right to say they are actually in competition with each other? And not really the small traders? Or are the banks all in league with each other? Do they communicate with each other and perhaps set common price goals?
I have no doubt that you are very successful. However, your reading of that chart is subjective in the most basic sense. For one thing, you are showing a correlation, not a causation. You haven't shown, for example, that it was the banks reacting to the traders and not the traders reacting to the banks. On that chart, sometimes the traders reversed before the currency did and sometimes vice versa--which does not comport with the idea of a big bank master plan. I think you might want to study supply and demand curves in the currency markets (for example, with E and Q values), because whether or not your technique works, you are misunderstanding the cause of this phenomenon. Thanks for the nice and clever videos.
Ok so we all now know what you think is wrong with everything! Will you ever get to the point where you explain what is correct about something? Will this be done in as fewer words as possible? Somehow I doubt it.
Could we theoretically use the reversal tools and take the contrarian position which would put us in the minority position which would tilt the odds of the trade winning in our favor? Lol
You just explained that banks will go in the opposite direction as traders, whether it's reversal or trending, yet you choose to bet on the Trend rather than the Reversal. So what's the point. If you go with the Trend then you still loose. I don't get the logic behind going with the Trend vs. the Reversal.
.. there are ppl who can do this but ..we all do still kinda trade this way; getting in on the trend almost at the top, almost at the bottom and taking the chunk in between ..you really crying over this? :s for the first time Warren Buffett’s quote makes sense; if you dunno who the sucker is at the poker table (it is you) .. Who’s gonna supply the winnings? .. ;) No; I’m frustrated with inconsistent mentors ..which VP thus far is not; has not proven to be; (Larry Williams) see who’s consistent from them you will learn the most ..not even; just learn.. You’d be shocked thru testing how many even some of the big names their stuff has no edge .. we can have opinions that’s fine but that is my yardstick ..
VP Hi, I know your web few years ago. trade different with lost in total. now I decided to follow all your you tube videos 1 by 1 from the beginning, even it will take few months. including exercises on demo account, then after with real money account. in the meanwhile I'll keep my questions (if any) coz I know they will be mentioned later. Thanks for your strong efforts to share your professional experience for free.
just look at any broker worlwide take the eur/usd and watch if it is trend day the amount of counter position during that specific day , if it's bullish trend for the day you will get up to 80% short (usually in the range of 65-75) , and if it is bearish trend for the day you will get the same 65-75% long, days in days out , every single time all year long
VP, my friend recently started talking to me about FOREX trading and I was intrigued immediately. He was telling me about a friend who was having a class for $150 and I thought well I want to learn a little myself before putting $150 to something I may actually not like or understand. So I began searching for podcasts and stumbled across a few without it really grasping me. Then I saw yours and I was instantly hooked! Not only have I been binging on the podcast, I’ve also started binging videos. Thanks VP because I know with your guidance and Tips I can have the upper hand on people who don’t listen to you.
Go on /r/forex any time in the past month and you have post after post of people saying "JPY pairs are SO OVERBOUGHT. SHORT THEM! This is crazy". Then the next day you have loss porn of people trying to rationalise "How did it go higher? It is at a crazy level it needs to go down soon!" Meanwhile, I am looking at JPY pairs and seeing excellent opportunities to buy. Trend trading is so simple, yet almost nobody does it.
One reason: they want fast results. I assume most traders are 9-5 job workers who wanted to get out/had enough of it and wanted to replace it with forex/stocks etc. trading. I can understand them
Is not an alternative interpretation of the IG client sentiment graphs simply that lots of traders are trying to pick tops and bottoms but are doing a bad job of it? Would that not give you the same chart? Or do you believe that top and bottom pickers could not possibly be that bad at foretelling the future unless bigger players were gaming them?
"lol jk we are going to go higher" That got me lol. Love your videos so much man. Keep keeping it real and Gl to everyone who watch this info. Your on the right path!
Honestly the concept of reversals never made sense to me. Sure catching every possible pip in a new trend is nice but it happens so rarely. I've always been more prone grabbing a sliver of a trend rather than fight it. I guess I should have answered that in the previous video but my worst habit is probably exiting early in fear of a trend reversal.....just because the idea of instant reversals has been drilled into my head.
Smart reversal traders don`t enter on the trending market , if you analyse the chart a smart reversal , trader would have entered two times or three times , supported by the structures , great information thou.....i love your attitude you are a true liberator
"Mr Stud Reversal Trader"... LMAO.. In my first real trading session i was lucky enough to get onto the AUD crash during March ( 2020 )... Made heaps, but learnt nothing. No guesses as to where that money went.. At least i didn't blow up my account.. Only thing bad about this channel is that i didnt find it in Feb 2020...
I have been binge watching your videos and realize I have been successful in spite of myself, using really common indicators, etc.. You have hit the nail on the head. One of the worst things that can happen to a man is winning a big bet early in life.
if thats the real interpretation of that site the client sentiment then i dont have a problem believing, but the question is that most of the big banks are on hedge position is;nt it?
It is a shame because I have tested countless indicators and found many reversal indicators that "work" but just the fact that your profits are capped make those indicators virtually useless.
Trend trading is King, i did the math on demo forward test and live trading. Trading with the trends easily swallows up any losses accured over time compared to other methods of trading. Thank you Mr Vp for sharing your wisdom. This is Just another confirmation that what you did buy giving up your regular day job for this was worth testing all those indicators and countless hours testing to make your structure testing it and using it and also kindly giving us what u learned over time. You just made it possible for a guy who couldn't get a job to actually make money nononsense method but on a lower time chart. Earn while i learn to trade on daychart. You said it "if some is good more is better. Indices, oil, metals, cryptocurrency better watch out. I have a rake and wheel barrow, i dont mind milking the market over time consistently of that dough. I have the time and patience thanks in Part to your kindness. God bless your brother from another mother
Is there any sentiment trader indicator for MT4 or 5 out there that can be used for an EA? Looks like they're only measuring their clients, what about the global picture?
Thanks VP. Does your talk about reversal trading here also applies for crypto trading? They are also currencies but they are not moved by big banks yet right? if you talked about that in another video I would appreciate you sharing it.
what's up VP? still perfecting my system and working, saving and creating an account in which a respectable return will be my retirement. i have time and patience. i hope the latin american life is going great for you and i am curious about the european football coverage there. the one advantage in the states is that we are spoiled with unlimited streaming football, all of the premier league for $5.00 a month cannot be beat. inflation, rent increases and expensive groceries BE DAMNED!!!! now to the actual point. can one perhaps use the currency client positioning charts on dailyfx and create a signal system to incorporate into our algorithms? maybe chart them in some way or use a standard basis for all currencies? always searching for the holy grail. cheers mate!!!!
Question: Let's assume you make a very decent living trading. Why would you want me to succeed at it? Are you a christian on a mission? Is your goal in life to actually help others? If not, what's the catch? Why would anybody who might have discovered an amazing strategy to make a living trading share it? Since trading is really a zero sum game, why are you trying to help people? I believe those are legit questions.
Average trend trader accumulates between 15-20% drawdown because of swings.Big bank have deep pockets and they can withstand it but retail trader can't unless you want to get stopped out repeatedly even trading trends.I am full time trader.The way to beat is reduce lot sizes and increase stop loss so you can withstand 30-60 pip spikes.
Yep. Even the once famous David Paul said that trend following traders lose a lot of money before they make money. You can't predict the end of a pullback. He unfortunately passed away.
There are all positive comments only, that means all the bad comments are deleted or all the people who commented have tried reversal and they failed. It's funny
On the platform I use (xtb) there's a place you can see in percentage how much people is selling and buying. but you can search on the internet there must be websites showing you that.
I guess this comment should go under the 'big banks' video but... I kinda feel like with FX it's us traders that give these big banks much of their power over us?! If everyone traded live and didn't use stops and orders then the banks could only see the live trades and would never know where traders are accumulating their orders?! It's just like with corporations and politicians. These entities only really have power because we give it to them. Kinda sad really.
wtf is all i have to say...this is incredible. I can't thank you enough for your wanting to lend a hand (sometimes that's all we need). A HUGE hug from Miami.
One big problem I am facing with this trend trading thing is roll, or overnight fees. They are KILLING my profits. Maybe prop firms don't have this issue but to us normal blokes this is a serious concern.....
VP, if you are lying to me, then you got me worked over, cause I am a believer. That may be cause I don't know shit about practical trading. But this feels like I am going from Primary School straight to Graduate School. I'm seeing doubles cause I have not yet gone to bed from lastnight, and still overdosed with adrenaline.
Watched about 20 of your videos in the past week, you really are the GOAT for all of this knowledge. Thank you x1000 --- Phenomenal. If you are just getting started on this channel, I advise you to keep stacking your knowledge because this guy is one of the very few out there that knows what he is talking about. It might be the best source for Forex Education on the whole internet. Bold but true
I know you're talking about forex but this is gold
That was punny
The knowledge he imparts is priceless
Nice
I totally agreed
i haven’t binged watched a youtube channel/podcast and blog...at the same time...until now....#mindblown...this is by far the best christmas gift i’ve ever given myself...VPtheGOAT. grateful for you sir
Gregory Edma yeah man wowed 😳 he is awesome 👏🏽
VP is king!
I put on his videos and just let them play. Absolutely great content
Update plz. How have u been doing after binge watching and rewatching his videos?
He's a HuMan not a Goat.
Big banks trying to mask the like here. I cannot believe I am the only 1 who like this.
The video has settings.
@@forexpivots7431 it's a joke janny
full one day bootcamp that could cost me a fortune is free ...I can't thank you a lot.may God guide and protect you ...
Yeah, because all what God wants is you make money, right?
@@PhilippeOrlando shut up boomer
impressive,i always knew this and thought that not a lot of traders realizes that "buy low ,sell high" is total garbage , the real method is , buy on higher low for up trend , and sell on lower high on down trend .
To be a pro you should be able to trade both comfortably but comes with years of practice
The last time I binged on several videos in one night was when Breaking Bad was released on Netflix.....doing it again now with No Nonsense Forex videos!! Lol
Thank you VP for all the knowledge you are sharing. Lives will be changed for the better as a result. 👊🏻🏆👍
Though I was the only one. lol.. There's a movie coming up but apparently more focused on Pinkman.
SAME HERE HAHAHA BREAKING BAD GES
I’m just starting to trade forex, I wanted to for years and I didn’t want to pay because I thought it was a silly thing to do. In Jan I paid and joined a forex trading team and lost almost $900 and now I find this and it’s teaching me more than anything the group could have told me
What you are saying is not fully true. How do you know if a trend is near its end? When do you exit?
Knowing when to enter and when to exit requires to have an idea of the reversals.
Both methods are not that much different, it is just the question of deciding how close to the reversals you try to go.
I don't see why both approaches could not be complementary.
Been watching almost all your videos. I learned how to trade on UA-cam and learn “how to trade” they’re all pretty much reversals. 2 years into learning I feel like I have to start learning from the beginning. I wish you would do a simple tutorial how to trend trade. Thank you.
planttrees Plot twist, these “How to trade” UA-camrs are just trying to fuel themselves by putting the majority on reversals while they will remain in the minority, doing the opposite of their teachings. Fuck I feel like this guy dropped acid while trading and had the connected the dots during the trip
I have one very simple question: if the banks can do whatever they want with the prices and this is what drives the market, how can your indicators possible work? Can they penetrate in the head of these big boys? I see some contracdition here... And if there is one single indicator in the world that can do it, RSI and all the ”crap” indicators out there may well be able to perform a little better than you claim...
You’re the only youtuber speaking the truth you’re the only way it seems the big banks did something bad to you and you’re out for revenge 😂😂😂
take the fuck offf
this guy is the shiiittt! OMG im so happy.. I just cant stop listening to him! he doesnt know it yet but he is my mentor! ill do my homeworks and will jump in..i will pay it forward! free infos!? im not use to that! wow!! what a blessing THANK YOU VP!
update?
How did it go?
@@kaanabee813 She prolly gave up
Sounds like trolling ijbh
I am impressed wit the information you provide! Thanks and Please do not stop doing what you do :D
OMG.... stumbled on this channel when I was desperately looking for a money management / risk management video, because I'm tired of losing money. And watching this video makes me feel like when I discovered Robert Kiyosaki over 20 years ago and hearing the "go to school, get got grades, get a good job" was really bad advice. Thank God I'm only 7 months or so into trading, and not 20 years, so I still have time to unlearn, relearn and get out of the 99%. Thank you so so much!!
VP, my heartfelt thanks for this video. i have no idea on why the candlestick reversal patterns work some of the time and don't work most of the time, and i have been working tirelessly to find out how to avoid the false reversal signals. I have been thinking and searching for a way to stay out of the false signals. Listening to this video for the fist time gave me the insight and knowledge on the why, the big bank why. Thanks again. Now, i follow your word - being a trend trader. Watching and listening to the same video by your goodself more than once help me to see the workings of a forex trader - learning how to swim with the sharky big banks and stay alive and reap good rewards in forex trading. Yes, i want to say "Thank you."
I'm really interested in hearing your ideas for indicators for trend trading. As someone just trying to build the knowledge base to start out, I wouldn't even know where to start past the indicators everyone always recommends. I hope you'll have some videos in the future that get into the specifics of this because I've really enjoyed some of our grand concept videos thus far.
Is it just me or is this guy really funny, I lowkey just be cracking up
Have u got any proof of you being a professional trader?
who the fuck are you to whom he needs to prove his abilities? xD clown!
Interesting how you take net-long and net-short and say "this is dumb money" and "this is smart money". So easy to do that when the dynamics is gone. What is more surprising is say "this is big banks". Of course, it could be. But then again it could be not.
This video has become my wake-up call.
Al Brooks said: Most reversals in a trend fail. He said 80% of the reversals fail! He repeats this again and again and again so that we never forget ;-))) Thanks for your VERY good videos. Much appreciated.
Technique thats worked for me consistently is trading divergence.
Just find the right entry.
VP: There is nobody else but the big banks, they are pretty much 99% of what drives the prices.
The 1%: Are we a joke to you ?
Feeling enlightened after feeling like giving up.. Great one!
Great advice, and I think this is crucial. Forex can go up or down like crazy, going through all support resistance. In my experience, this is the number 1 way how people blow their accounts. I also learned the hard way.
I'm starting to think online retail forex trading was created as a liquidity source for large banks.
I don’t think I’ve ever subscribed to a channel faster. This was incredible.
I question that the central banks sole purpose is to go after the forex retail market since it only comprises of a quarter of the market. We have no influence on forex; we just go along for the ride.
The other issue is geopolitical economics. A country may want to lower their currency evaluations to stimulate their own economy.
VP says some good things but many experienced traders say the same thing-go with the trend.
The trend is your friend until it ends...?
This video bears significant weight. Most traders (me included) spent obscene amounts of time learning how to trade - reversals - because , well, that's the way we're taught and many of the indicators out there are designed to try and call tops/bottoms. For realz...it's a losing battle. Sure, you may get lucky once in awhile...but in the long run - your account is gonna get killed and you'll suffer financially and emotionally for it (been there). There's nothing like staring at a chart with pivot points, fibonacci and support/resistance levels, and whatever else you can dig up to give you a Denny's menu amount of choices to figure out where price is going to. If you don't choose wisely, you'll most likely get stopped out because it never hit your target - especially on a fast chart. Keep it simple (and logical)...abandon the fodder elsewhere and stick around here. Just say'in...
My question is this: If 99% of the market consists of the big banks, is it not right to say they are actually in competition with each other? And not really the small traders? Or are the banks all in league with each other? Do they communicate with each other and perhaps set common price goals?
Of course they fucking talk come on. It's legal wash trading. It's all up to them
Awsome video, Thanks
Wow amazing information for me who's been learning for the past 6 months, thank you brother.
I lost it at "L.O.L J.K"
Haha same dude. I wasn't expecting him to say that so it just made it even funnier
Another Excellent gem of lessons, Thank YOU VP.. hope I can buy you a beer one day...(or coffee..if you don't drink) Cheers.
I have no doubt that you are very successful. However, your reading of that chart is subjective in the most basic sense. For one thing, you are showing a correlation, not a causation. You haven't shown, for example, that it was the banks reacting to the traders and not the traders reacting to the banks. On that chart, sometimes the traders reversed before the currency did and sometimes vice versa--which does not comport with the idea of a big bank master plan. I think you might want to study supply and demand curves in the currency markets (for example, with E and Q values), because whether or not your technique works, you are misunderstanding the cause of this phenomenon. Thanks for the nice and clever videos.
Millions thanks VP. I should have been a victim of USDCAD, AUDUSD failed reversal this week if i went with the major traders (popular) sentiment.😂😂😂
Maraming Salamat from 🇵🇭
Just joined the rehab program... VP you are the truth my man...!!!!
Just discovered this a few days ago and I've been watching both your core concepts, and your money management lists nonstop
Ok so we all now know what you think is wrong with everything! Will you ever get to the point where you explain what is correct about something? Will this be done in as fewer words as possible? Somehow I doubt it.
Could we theoretically use the reversal tools and take the contrarian position which would put us in the minority position which would tilt the odds of the trade winning in our favor? Lol
Nope, can't even do that......except the Williams %R. Check that video out.
VP for President 🤘🏻
You just explained that banks will go in the opposite direction as traders, whether it's reversal or trending, yet you choose to bet on the Trend rather than the Reversal. So what's the point. If you go with the Trend then you still loose. I don't get the logic behind going with the Trend vs. the Reversal.
.. there are ppl who can do this but ..we all do still kinda trade this way; getting in on the trend almost at the top, almost at the bottom and taking the chunk in between ..you really crying over this?
:s for the first time Warren Buffett’s quote makes sense; if you dunno who the sucker is at the poker table (it is you) ..
Who’s gonna supply the winnings? ..
;) No; I’m frustrated with inconsistent mentors ..which VP thus far is not; has not proven to be; (Larry Williams) see who’s consistent from them you will learn the most ..not even; just learn..
You’d be shocked thru testing how many even some of the big names their stuff has no edge ..
we can have opinions that’s fine but that is my yardstick ..
Agree about that advice. The thing is noone knows where low is before afterwards. Buy high, sell high. No problem.
VP Hi, I know your web few years ago. trade different with lost in total. now I decided to follow all your you tube videos 1 by 1 from the beginning, even it will take few months. including exercises on demo account, then after with real money account. in the meanwhile I'll keep my questions (if any) coz I know they will be mentioned later. Thanks for your strong efforts to share your professional experience for free.
This happend to EurAud shorts a couple of weeks ago. I kept telling my peers to stop shorting and they lost every time.
just look at any broker worlwide take the eur/usd and watch if it is trend day the amount of counter position during that specific day , if it's bullish trend for the day you will get up to 80% short (usually in the range of 65-75) , and if it is bearish trend for the day you will get the same 65-75% long, days in days out , every single time all year long
ive started trading forex for about a month and im honestly so fucking thankful im learning this now rather than later
How is journey now
VP, my friend recently started talking to me about FOREX trading and I was intrigued immediately. He was telling me about a friend who was having a class for $150 and I thought well I want to learn a little myself before putting $150 to something I may actually not like or understand. So I began searching for podcasts and stumbled across a few without it really grasping me. Then I saw yours and I was instantly hooked! Not only have I been binging on the podcast, I’ve also started binging videos. Thanks VP because I know with your guidance and Tips I can have the upper hand on people who don’t listen to you.
thanks mate
Go on /r/forex any time in the past month and you have post after post of people saying "JPY pairs are SO OVERBOUGHT. SHORT THEM! This is crazy". Then the next day you have loss porn of people trying to rationalise "How did it go higher? It is at a crazy level it needs to go down soon!" Meanwhile, I am looking at JPY pairs and seeing excellent opportunities to buy. Trend trading is so simple, yet almost nobody does it.
One reason: they want fast results. I assume most traders are 9-5 job workers who wanted to get out/had enough of it and wanted to replace it with forex/stocks etc. trading. I can understand them
If only people who had experiences of winning reversal trades be as open-minded as newbies like myself.
Is not an alternative interpretation of the IG client sentiment graphs simply that lots of traders are trying to pick tops and bottoms but are doing a bad job of it? Would that not give you the same chart? Or do you believe that top and bottom pickers could not possibly be that bad at foretelling the future unless bigger players were gaming them?
"lol jk we are going to go higher" That got me lol. Love your videos so much man. Keep keeping it real and Gl to everyone who watch this info. Your on the right path!
Tread trading of course. My nephew's won't deviate from your teachings.
Hey aren’t you afraid the big banks are out for you 😂😂😂😂
Honestly the concept of reversals never made sense to me. Sure catching every possible pip in a new trend is nice but it happens so rarely. I've always been more prone grabbing a sliver of a trend rather than fight it. I guess I should have answered that in the previous video but my worst habit is probably exiting early in fear of a trend reversal.....just because the idea of instant reversals has been drilled into my head.
Smart reversal traders don`t enter on the trending market , if you analyse the chart a smart reversal , trader would have entered two times or three times , supported by the structures , great information thou.....i love your attitude you are a true liberator
You're basically saying that you should be a Trend Trading Trader but later during the video you're saying you're screwed either way lol
i heard similar vision: trader from singapore with 20 y of experience told that following the trend is better than all other things.
"Mr Stud Reversal Trader"... LMAO.. In my first real trading session i was lucky enough to get onto the AUD crash during March ( 2020 )... Made heaps, but learnt nothing. No guesses as to where that money went.. At least i didn't blow up my account.. Only thing bad about this channel is that i didnt find it in Feb 2020...
I have been binge watching your videos and realize I have been successful in spite of myself, using really common indicators, etc.. You have hit the nail on the head. One of the worst things that can happen to a man is winning a big bet early in life.
if thats the real interpretation of that site the client sentiment then i dont have a problem believing, but the question is that most of the big banks are on hedge position is;nt it?
Pawn takes king💪💪👏👏 love it. Great channel
Noted. no reversal but only trend trading. thank you sir.
Forex teacher : now it’s time to teach you the importance of overbought and oversold. Me: Sprints full speed the away*. Forex Teacher: WTF...
Where can i find the sentiment graphic on dailyfx.com .....
So i can see what Banks are doing to me ..... i will stop being a reversal trader......
I was wondering the same.
When I open the dailyfx, it won't show the same as the video
Wtf, why these traders keep trying to find bottoms on down trends, it doesn't make sense even on stocks
you always talk about what does not work..Can you talk about what does work?
It is a shame because I have tested countless indicators and found many reversal indicators that "work" but just the fact that your profits are capped make those indicators virtually useless.
“Lol jk we’re gonna go higher” 😂
Trend trading is King, i did the math on demo forward test and live trading. Trading with the trends easily swallows up any losses accured over time compared to other methods of trading. Thank you Mr Vp for sharing your wisdom. This is Just another confirmation that what you did buy giving up your regular day job for this was worth testing all those indicators and countless hours testing to make your structure testing it and using it and also kindly giving us what u learned over time. You just made it possible for a guy who couldn't get a job to actually make money nononsense method but on a lower time chart. Earn while i learn to trade on daychart. You said it "if some is good more is better. Indices, oil, metals, cryptocurrency better watch out. I have a rake and wheel barrow, i dont mind milking the market over time consistently of that dough. I have the time and patience thanks in Part to your kindness. God bless your brother from another mother
Can u perhaps tell me what trend line strategy u use cause I'm struggling to find one
@@bobbymartin176Shut Up you
You're great ! Thanks you
Is there any sentiment trader indicator for MT4 or 5 out there that can be used for an EA? Looks like they're only measuring their clients, what about the global picture?
Would this include trading ranges?
Pssstt....let's subscribe to the dude, and let this honest video being kept out of headlight.... :D
I still can't understand why this video under-performs compared to the others.
Thanks VP. Does your talk about reversal trading here also applies for crypto trading? They are also currencies but they are not moved by big banks yet right? if you talked about that in another video I would appreciate you sharing it.
Yes, you can use this anywhere
Learning so much from this channel
Just watched some of the videos and especially liked the one about Big Banks. Glad I found your channel! Thank you for your time and effort!
what's up VP? still perfecting my system and working, saving and creating an account in which a respectable return will be my retirement. i have time and patience. i hope the latin american life is going great for you and i am curious about the european football coverage there. the one advantage in the states is that we are spoiled with unlimited streaming football, all of the premier league for $5.00 a month cannot be beat. inflation, rent increases and expensive groceries BE DAMNED!!!! now to the actual point. can one perhaps use the currency client positioning charts on dailyfx and create a signal system to incorporate into our algorithms? maybe chart them in some way or use a standard basis for all currencies? always searching for the holy grail. cheers mate!!!!
They love European football, and they get into it. You get mostly FA Cup games and stuff there tho, at least at the bars and restaurants you do.
Question: Let's assume you make a very decent living trading. Why would you want me to succeed at it? Are you a christian on a mission? Is your goal in life to actually help others? If not, what's the catch? Why would anybody who might have discovered an amazing strategy to make a living trading share it? Since trading is really a zero sum game, why are you trying to help people? I believe those are legit questions.
either u take the help or get the fuck out ? whats up with the stupid time wasting questions >.
You don't want free stuff? Other fx videos does the same. What makes this any different?
i am ready.....tired of loosing money!
Average trend trader accumulates between 15-20% drawdown because of swings.Big bank have deep pockets and they can withstand it but retail trader can't unless you want to get stopped out repeatedly even trading trends.I am full time trader.The way to beat is reduce lot sizes and increase stop loss so you can withstand 30-60 pip spikes.
Yep. Even the once famous David Paul said that trend following traders lose a lot of money before they make money. You can't predict the end of a pullback. He unfortunately passed away.
There are all positive comments only, that means all the bad comments are deleted or all the people who commented have tried reversal and they failed. It's funny
I get negative comments all the time. Of those, only the shitty/inflammatory comments are deleted. About 20%
This is so interesting, I cannot stop watching it
Can someone tag me in the big banks video please i cant find it
Perfect explanation for XAUUSD
very different from everything i have been watching. great work. really looking forward to seeing how you plan trades with entries etc.
Man your knowledge is intense
How do you follow the trend? Do you based it off the 200Ema or the 50Ema or when your indicators tells you to sell or buy
On the platform I use (xtb) there's a place you can see in percentage how much people is selling and buying. but you can search on the internet there must be websites showing you that.
please tell me does this apply to bitcoins/altcoins cause they r currency too (sort off). And r u going to do videos like these for cryptos?
Episode 44 of my podcast talks about this very question. You can catch it here on UA-cam if you want.
@@NoNonsenseForex thanx mate
I guess this comment should go under the 'big banks' video but...
I kinda feel like with FX it's us traders that give these big banks much of their power over us?!
If everyone traded live and didn't use stops and orders then the banks could only see the live trades and would never know where traders are accumulating their orders?!
It's just like with corporations and politicians. These entities only really have power because we give it to them.
Kinda sad really.
wtf is all i have to say...this is incredible. I can't thank you enough for your wanting to lend a hand (sometimes that's all we need). A HUGE hug from Miami.
There’s a diff way to use rsi though. Don’t use it as overbought/oversold. Use it as a breakout indication... to identify trend . ☝️
Is any indicators which tells how many people buying and how many are selling in real time
Nope. And it's a cheat tbh.
One big problem I am facing with this trend trading thing is roll, or overnight fees. They are KILLING my profits. Maybe prop firms don't have this issue but to us normal blokes this is a serious concern.....
VP, if you are lying to me, then you got me worked over, cause I am a believer. That may be cause I don't know shit about practical trading. But this feels like I am going from Primary School straight to Graduate School. I'm seeing doubles cause I have not yet gone to bed from lastnight, and still overdosed with adrenaline.
Watched about 20 of your videos in the past week, you really are the GOAT for all of this knowledge. Thank you x1000 --- Phenomenal. If you are just getting started on this channel, I advise you to keep stacking your knowledge because this guy is one of the very few out there that knows what he is talking about. It might be the best source for Forex Education on the whole internet. Bold but true