Day Trading Price Action Masterclass! MY SECRETS!

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  • Опубліковано 20 чер 2024
  • Day Trading Price action Masterclass going over my Daytrading LIVE Secrets that I use everyday to trade Futures and Profit. I will be going over 5 different ideas that you should focus on as a Beginner Daytrader and even an Expert DayTrader in the StockMarket today. We discuss the idea of looking for certain price action movements to warrant a DayTrade.
    0:23: 📊 Understanding these five concepts of price action can help day traders become successful by knowing when to stay long biased and when to start looking for shorts.
    3:20: 📈 Identifying key levels and waiting for a breakout led to a beautiful move up in the market.
    6:33: 📈 The video discusses the importance of trend lines in analyzing price action and making trading decisions.
    9:39: 📈 The video discusses resistance levels on the hourly chart and how they impact price action.
    12:27: 📊 The video discusses using pivot points on different timeframes to determine market direction and support/resistance levels.
    15:19: 📈 Understanding pivot points and price action is key to identifying bullish or bearish market conditions and finding trading opportunities.
    18:34: 📉 Identifying traps and previous areas of support turning into resistance are strong indicators of a bearish move.
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    ***THE LINKS IN THIS DESCRIPTION ARE AFFILIATE LINKS. I DO BENEFIT FINANCIALLY WHEN YOU CLICK THESE LINKS AND SIGN UP WITH PARTNERS. THIS IS NOT FINANCIAL ADVICE. DYOR NEVER INVEST MORE THAN YOU'RE WILLING TO LOSE. DAY TRADING IS VERY DIFFICULT AND PERFORMANCE SHOWN HERE ON UA-cam DOES NOT PORTRAY COMMON RESULTS.
    *Futures trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the investor’s initial investment. Only risk capital-money that can be lost without jeopardizing one’s financial security or lifestyle-should be used for trading and only those individuals with sufficient risk capital should consider trading. Nothing contained herein is a solicitation or an offer to buy or sell futures, options, or forex. Past performance is not necessarily indicative of future results.
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    HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

КОМЕНТАРІ • 145

  • @barrychatman
    @barrychatman 7 місяців тому +4

    I was using this concept without knowing what the hell I was doing. Which caused me to doubt it. Patience is truly king!

  • @habstran8530
    @habstran8530 7 місяців тому +14

    Pat, you and the MFT have done more to help my trading in a few months, than everyone else has for years. Thank you for all you do, and sharing your skills, knowledge and experience with us.

    • @PatrickWieland
      @PatrickWieland  7 місяців тому +3

      We just give you ideas but you are putting in the work congrats brother!

  • @PatrickWieland
    @PatrickWieland  7 місяців тому +23

    Start Trading Futures with These Concepts at Topstep for only $49! 💰tinyurl.com/4ah5m43t

    • @luisparades5661
      @luisparades5661 7 місяців тому +1

      I think mine would be identifying where to get in..I Always get into trades in half the move...but overall great information..Patrick

    • @KMactheFarmer
      @KMactheFarmer 7 місяців тому

      Those old Macd videos are still very relevant….
      No school like the old school….

    • @tradertate
      @tradertate 7 місяців тому

      Great video. One of your best, thank you.

    • @CryptocurrencyProfitss
      @CryptocurrencyProfitss Місяць тому

      Incredible insights on using the 1-hour chart for setting targets! I never realized how powerful it could be to identify support and resistance levels based on previous price action. Your explanation made it so easy to grasp. Looking forward to refining my profit-taking strategy with this newfound knowledge!

  • @SammywiseG
    @SammywiseG 7 місяців тому +12

    #5 is a very powerful concept that I've been re-training my brain to look for. Worked well for me on Wednesday, missed seeing them for the balance of the week.

  • @Alex-om6wo
    @Alex-om6wo 13 днів тому

    Pretty crazy when you try these yourself and they hold up even on different futures. Thank you for taking the time to make this and sharing!

  • @lkfrick4509
    @lkfrick4509 7 місяців тому +3

    This is THE BEST video yet! Grand Slam!! If I cant study and make some real money with understanding and practicing these concepts.....
    Then i need to study it some more. Excellent friend! Im 65 and got my son, 24 hooked on your channel. 2024. HERE WE GO!
    You remind me so much of the old WCW and WWE guys. Love It!!! Wooooow!!

    • @PatrickWieland
      @PatrickWieland  7 місяців тому +3

      Haha do you smell what the rock is cooking!

  • @GabeTrades
    @GabeTrades 7 місяців тому

    Let me break this down simply ... RISK TO REWARD ... done ... Good Video !

  • @JohnnyBtv
    @JohnnyBtv 7 місяців тому +1

    Finding traps is the closest I’ve found to the golden grail of trading 🙌🏼 all thanks to your help man! Thank you for what you do

  • @jacoblehman8714
    @jacoblehman8714 7 місяців тому +1

    I will be joining the membership perks on my first payout! mark my words!

  • @jonathanmackinnon6096
    @jonathanmackinnon6096 7 місяців тому +1

    Been watching you since January this year. Appreciate all you do Patrick.

  • @TruenotesMusic
    @TruenotesMusic 7 місяців тому +3

    Thank you! Now let’s listen to this 20x over

  • @Josephbrown9442
    @Josephbrown9442 7 місяців тому +4

    Awesome video Patrick, been watching your livestreams for a while and this video makes everything come together. Number 1 Day Trader on UA-cam for a reason!! ;)

  • @nancyledford907
    @nancyledford907 7 місяців тому

    Excellent video to review what you look for. Thanks Patrick

  • @claythomas6758
    @claythomas6758 7 місяців тому

    Awesome video Patrick. Thanks for the knowledge bombs!

  • @LuLuLately
    @LuLuLately 7 місяців тому

    love it!

  • @dougr6925
    @dougr6925 7 місяців тому

    Great education...thanks.

  • @TanjaTrades
    @TanjaTrades 7 місяців тому +1

    Well explained. Concepts 1, 3 and 5 are moneyyy. My fave has to be #5, enter after a liquidity run and you have a higher probability trade

  • @mikevaldez5039
    @mikevaldez5039 2 місяці тому

    Great video. Thanks for sharing

  • @jacoblehman8714
    @jacoblehman8714 7 місяців тому

    Thank you for the content!

  • @JH-ze4lo
    @JH-ze4lo 3 місяці тому

    Great video! Thanks

  • @iamwhatiam6075
    @iamwhatiam6075 7 місяців тому +3

    Great video. I'm successful trading trends breaks but I never know how strong it might be so I size up and scale out quick living 1 runner but your method of going back to hourly and marking support and resistances certainly should give me better odds at where I might want to hold onto some bigger size at times. Thanks for the great video!

  • @sbratsi5901
    @sbratsi5901 7 місяців тому

    Your making it easy ❤

  • @1jason4869
    @1jason4869 5 місяців тому

    Solid video man. This helps a lot. I've been getting hung up lately on direction and this is a huge help!

  • @idreesbaksh2505
    @idreesbaksh2505 7 місяців тому

    Thank my friend

  • @JennyBeanTrades
    @JennyBeanTrades 7 місяців тому

    Already watched this 3x and probably going to watch it a couple of more!

  • @jessiepadilla5882
    @jessiepadilla5882 7 місяців тому

    Pat, Thank you for sharing your line of thought what to look for and your overall mental ability to read the charts you make it easy to understand. Props to you. Go Pat

  • @thirdbracket
    @thirdbracket 7 місяців тому

    Great one Man! Keep them Cominggg!

  • @jonnooney7102
    @jonnooney7102 7 місяців тому

    One thing I found that has really helped my trading profits has been to use limit orders only when things are not moving too fast. They scrub a few ticks off of you on the entry and the exit and the cumulative effect amounts to quite a bit of money in a session. I set my limit order well below where I think it will fill and keep sliding it up until the wick pops it at the longest extension. Hot markets moving fast it isn't practical but a side ways market that has consistent price oscillation I can do pretty good scalping. Seems like the minimum tick movement where it works is about 8 to 10 from hi to lo. I drop back to a really short time frame to do it also.

  • @pscwestie6237
    @pscwestie6237 7 місяців тому +2

    Very helpful and concise! Gonna watch for traps better after this. 😊

  • @forcedriven9328
    @forcedriven9328 7 місяців тому

    Absolute brilliance!

  • @jimcudasnyder
    @jimcudasnyder 7 місяців тому +1

    I typically enter my pre-market strategy with a ORB in mind but watch price action and volume as sometimes the momentum is quick and strong (11/3/23) leading me to enter a scalp based on movement. But I also am constantly drawing trend lines to watch for breakouts and flags. So glad you included a section on traps as I was caught in an ugly one last week losing some significant capital. Watching your show for the past few months has given me so much knowledge as to finding targets on multiple time frames. This is such a terrific video, Patrick! I'm sure it will help others as it helps me! Thank you!

  • @usedtajam
    @usedtajam 7 місяців тому

    Fire as always

  • @andplot
    @andplot 7 місяців тому

    Thank you for sharing Patrick. Love your energy every morning!
    God bless you 🙏

  • @TonyC-pq7bp
    @TonyC-pq7bp Місяць тому

    Awesome video Ty PW 👍

  • @serdaryilmaz6341
    @serdaryilmaz6341 7 місяців тому +1

    Useful info. Thanks

  • @rongrace6324
    @rongrace6324 Місяць тому

    Great Vid expanded it very well. great content

  • @jorgepmartinez6532
    @jorgepmartinez6532 7 місяців тому

    Thanks for sharing simple ideas…you killing it

  • @jennerb7059
    @jennerb7059 7 місяців тому +1

    Thank you, Patrick! The trend is my friend.

  • @HABIBISTRIKE
    @HABIBISTRIKE 7 місяців тому

    Great Explanation Patrick. Thank you

  • @powerthroughfocus
    @powerthroughfocus 4 місяці тому

    Thank you Patrick. 🫡

  • @Grzesiek7713
    @Grzesiek7713 7 місяців тому

    Good info great staff Patrick ! You're best bro , THANKS 💪

  • @user-ll7vc3ef7z
    @user-ll7vc3ef7z 3 місяці тому

    Hello Patrick, thank you for your honest video, now, based on the magic word "facts/Results" I will ask the question that no one asks directly, before, I am not a hater, nor a hater, nor anything similar, I just want to clarify a concern that arises every day, how much do you earn as a UA-camr per year/month and how much do you earn as traders per year/month: thank you once again for your time and dedication.

  • @jezworsley
    @jezworsley 7 місяців тому

    Patrick always giving the best advice for free man. Enjoy the weekend 👍🏻

  • @CryptocurrencyProfitss
    @CryptocurrencyProfitss Місяць тому

    Absolutely mind-blowing masterclass! Your breakdown of the 15-minute chart strategy was so clear and practical. Now I understand why staying above that 50% area is crucial for identifying bullish trends. Can't wait to implement this in my day trading strategy! Thanks for sharing your secrets!

  • @shayankhan9734
    @shayankhan9734 7 місяців тому

    Simple strategies but effective. 💰💰 Great video Pat✌🏻

  • @micaj4437
    @micaj4437 7 місяців тому +1

    Trying to get into the trading world so this was really helpful thanks for this 👍🏾

  • @dru5197
    @dru5197 7 місяців тому

    Excellent video,thanks for the great content.

  • @jamestaylor5143
    @jamestaylor5143 7 місяців тому

    Great way of simplifying setups! Also, you were great on Topstep TV. Made those experienced floor traders look like rookies with your price action concepts! Keep on truckin'!

  • @gatetres
    @gatetres 7 місяців тому

    Best of Secret Tips Thanks 👏 You have become a real Master !

  • @nolanwalters5618
    @nolanwalters5618 6 місяців тому

    Hey Patrick everytime I learn something new. Thanks for this educational video... Wow very helpful

  • @rafaelsanchez-ll5yx
    @rafaelsanchez-ll5yx 7 місяців тому

    You said it best on your stream with the top step guys... "Dont wanna get trapped i wanna do the trapping" thanks for the masterclass!

  • @joeblack285
    @joeblack285 7 місяців тому

    Just watched it again, may be the best You tube video out there to date

  • @ThaBigBear
    @ThaBigBear 7 місяців тому

    Identifying and capitalizing on the trap is very powerful. It’s one of the best glimpses into the future you can get in the market.

  • @joeblack285
    @joeblack285 7 місяців тому

    Excellent video Patrick thanks

  • @iqalpha6024
    @iqalpha6024 7 місяців тому +2

    Appreciate the video! Fundemental basics of day trading is the way, not 20 different indicators. Like you always say don't make it complicated.

  • @RedeemedByChristJesus
    @RedeemedByChristJesus 7 місяців тому

    Quality video. ICT take notes.

  • @irlekene6572
    @irlekene6572 7 місяців тому

    Ive lost money being in the trap.. tgqnks for clearifying me.. tbanks for this video

  • @highlighttime5523
    @highlighttime5523 7 місяців тому

    Another banger!!! Because of you I’m inching closer to leaving my full time job.

  • @marcgiovanni9877
    @marcgiovanni9877 7 місяців тому

    i took a training course one line honestly in 20 minutes i understand mroe than all my training iam paying for. thank you!

  • @jamesduncan222
    @jamesduncan222 7 місяців тому

    This was a really good video. These concepts are extremely powerful and you make it entertaining to listen. Thank you bro.

  • @jttaylor2177
    @jttaylor2177 7 місяців тому

    Thanks for helping identify the traps easier. Just look to the left.

  • @tommyruff3525
    @tommyruff3525 7 місяців тому

    I have learned so much from your content. Good shit!!!!
    Pa Pa Pa Patrick is my trading buddy. 😂lol
    See ya Monday 8:15am

  • @jmc640862004
    @jmc640862004 7 місяців тому +1

    Nice more content like this

  • @danvogon
    @danvogon 7 місяців тому +8

    this comment is for the algorithem

  • @timbiddulph
    @timbiddulph 7 місяців тому

    Great video Patrick, second time watched and won't be the last.

  • @user-bg6nz6nj7f
    @user-bg6nz6nj7f 7 місяців тому

    Nice

  • @fpotochney7318
    @fpotochney7318 7 місяців тому

    Nice video Pat

  • @EDDYVR8
    @EDDYVR8 7 місяців тому

    Great video Patrick, keep them coming. All of these internet trading gurus try to overcomplicate things when it really is this simple. Team Sailfish baby LFG!!!

  • @Jc-bc3fy
    @Jc-bc3fy 7 місяців тому +1

    Pivots are king 😤

  • @21sunshower84
    @21sunshower84 7 місяців тому +1

    I needed this. After a while, you'll end up with too many indicators making the chart confusing. I need to focus on the basics. Thanks Patrick!

  • @buzzdanker2832
    @buzzdanker2832 7 місяців тому

    Patrick Bud.. Awesome simple strategies that work. Sofa King Excellent ! Grateful for you. Buzz Danker Approved.

  • @kahillewalters1055
    @kahillewalters1055 7 місяців тому

    I don’t agree with how you trade but you are very entertaining to watch.

  • @squeeze94400
    @squeeze94400 7 місяців тому

    Nice vidéo Patrick

  • @JG-zt3cg
    @JG-zt3cg 4 місяці тому

    I thought I didn't like this guy 'cause he boasts too loud😂😂😂. But I actually like him, he is good at what he does. And for some reason he reminds me of Colby Covington. Good work bro. Keep it up.

  • @wizdeasis9846
    @wizdeasis9846 Місяць тому

    Amazing! New subs here. Will these work in CL, GC, YM, and ES too sir aside from NQ in futures trading? Thank you very much..your voice and the way you talk keeps me magnetized and learned much. 😃😀

  • @TT-ih4be
    @TT-ih4be 7 місяців тому

    Hey Pat can you pls make a video on the Support and resistance Levels with breaks by Luxalgo many thanks

  • @ThatDudeTonyB
    @ThatDudeTonyB 7 місяців тому

    For the 1st concept (50% of 15 minute candles) does the next candle need to CLOSE below/above that 50% or just break through it at some point?

  • @goodjuju4531
    @goodjuju4531 7 місяців тому

    do you strictly trade NQ? thx

  • @Wizzy-funds
    @Wizzy-funds 2 місяці тому

    Hey man can you share your dark theme charting settings, it’s nice for my eye sight

  • @KristinaEatz
    @KristinaEatz 7 місяців тому

    Are pivot points an automatic indicator on tradovate?

  • @LIAM_FTO
    @LIAM_FTO 7 місяців тому

    What’s the PW? And how can I get that pivot points?

  • @EzraRye
    @EzraRye 2 місяці тому

    whats the pivot points indicator please? by whom?

  • @animecommunity4938
    @animecommunity4938 8 днів тому

    whate are your scanning criteria

  • @Derrick1981y
    @Derrick1981y 7 місяців тому

    How to sit on my hands when the set up is not clear?

  • @FutuerstradingLIve
    @FutuerstradingLIve 7 місяців тому

    Your candle stick and mine is different…. Totally confused 😊

  • @gmoneytrader85
    @gmoneytrader85 3 місяці тому

    LOOK FOR THE TRAP(liquidity runs) and reversals

  • @skunkape5918
    @skunkape5918 7 місяців тому

    💛🙏💪☕

  • @silverfox401
    @silverfox401 7 місяців тому

    Congratulations on being called up to the big leagues my friend I have watched you for the last 6 years at least good job let the haters hate hahahah

  • @inthezone2023
    @inthezone2023 7 місяців тому

    😋😋

  • @bll823
    @bll823 6 місяців тому

    Walk over your trap own your trap

  • @donaldtr4587
    @donaldtr4587 7 місяців тому

    ICT WILL NOT BE PROUD WITH ALL THESE INDICATORS AND TREND LINES

  • @GarciaDK
    @GarciaDK 7 місяців тому

    Its not rocket science my friends, its brain surgery. :D

  • @jakesbodyworks
    @jakesbodyworks 2 місяці тому

    ITS A TRAP!!!!!