3 Step Process To Finding The Best Trades - Keeping Trading Simple
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- Опубліковано 27 вер 2024
- You don't need to make trading difficult, you just need to understand what to do. In this video, I highlight a powerful 3 step process you can take to help you find the best trades. This video will turn your trading around forever. I PROMISE!
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Trading the Forex market requires a lot of patience and discipline. But with the right strategy and understanding, the results can be amazing.
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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
#forextrading #forextips #forexstrategy
Don't skip anything, this one is a game-changer! The secret sauce comes towards the end. Let me know what you want to see in the near future?
This is supper cool great video
Banger !!!, Thanks mentor God bless you. Please I miss your weekly anaysis.. also do a video on backtesting secrets.
Please mentor do a video on how to draw key levels on lower time frames and what to look at, candle bodies or wicks..
Educational
Finally Today i got golden egg
Trading can be so simple. This skill is 90% patience and discipline. You master that, you’ll master the charts. Good stuff my man!
You can't take a trade from there it will blow up ur acc
@@kebonyejoseph6943 Where are you referring to?
@@kebonyejoseph6943 lmao why would you blow up , it’s risking 1:3
Everything is clear and understandable only patient is needed.
@@kebonyejoseph6943 Ga o bue sepe bra waaka
Just started learning about forex. This is one of the best videos I’ve seen. So glad I saw this don’t want to make mistakes by taking on too much risks.
Most people especially newbies fail simply because they do not understand how the market works in general or in particular how the market relates to the stock or currency pair they are entering.
The whole secret to winning big in the forex market is not to be right all the time, but to lose the least amount possible when you’re wrong.
I just looked up this person out of curiosity, surprisingly he seems really proficient. I thought this was just some overrated bs, I really appreciate this.
I can’t believe I almost turned away from this lifetime opportunity. Made the decision and since then it’s the best decision I’ve made in my adult life.
You've come to the right place Kelly. With Rockz you're going to understand what the market is doing every step along. He is one amazing teacher. Don't listen to anybody trying to give you an account manager. If they could become profitable in trading, then you can. There's no holy grail in trading. Just do you
Hundred and thousends videos in youtube about strategies and indicators, etc and this is the only one video that explains the only what you need to be a profitable trader. Many Traders talk about that the psycology is the most important to become in a succesfull trader, the are right, being patient is the only psycologic appearence that you need to get control.
Get yourself a Good expert trader as your Account manager
Hey I'm a beginner and I understand the market crash is the perfect time to make money, but how are some investors able to double there profit within a short period of time, a particular investor made up to $350,000 from trading about $100,000 within a couple of months, do they stand a better chance than others?
They don't stand a better chance, they only did their homework and proper research
It all about finding the right opportunity in the market and then taking advantage of it
@@williamssandra409 Who made profit for you, am really looking for a professional who can manage my account and make me huge profit
Am trading with expert Mrs Naomi, a regulated broker in the US. Met her sometime early last year at a startup funding event. She had some interesting things to say about the state of algorithmic trading today ,very obviously I'm seeing the results.
Wow you really know about Mrs Naomi? I'm a living testimony of melissa, she has been trading for me for months now
@@Alejandracamacho357
@@wiebeplatt4749
@@Alejandracamacho357 How do get in touch with this financial consultant whom you mentioned?
@@marianparker7502 You can look her name up on the internet. She's renowned and has quite a following. So it shouldn't be a hassle finding her official webpage.
Now this is what you call a non BS trader. Well done bro and may all the positive energy you sent out return in abundance!
I think the main thing you need to do and taht most traders struggle with is psychology during placing trades and letting them run, taking % on the way, and let it hit full TP OR SL. I guess what im trying time day is that we need more live trade analysis videos from you in full breakdown 🙌🏽
Thanks
I've spent money on education and this video has broken down a trade so much more than on my courses. Great video thank you mate
Same lol
Hey I have a UA-cam video explaining the difference between SMC and the composite operator. also talked about trading consistency. Would you like to take a look?
I’d like to say after having watched 1000+ videos on general trading as a beginner, THIS one actually hit home and made an instant difference to my trades and for that sir you get another subscriber 🙏🏻
Great video man,always great energy .Keep it up.
I do also look for three steps.
1. I look for consolidation
2.Breakout from the consolidation with number of pips
3.Retest to the consolidation area and enter
Hey I have a UA-cam video explaining the difference between SMC and the composite operator. also talked about trading consistency. Would you like to take a look?
So easy to make a video when’s you looking at a replay but when it’s live it’s totally different of course you just had perfect entry and everything you said went as planned to the tea Bc of course you seen the replay already
that's what I'm about to say. The entry was perfect because it's a replay. When it's live it'll be different
but i think it also has to do with quick impulse and knowing your fundamentals.. or what do you think?
i gave up trading break and retesting and concentrated on devloping and trading a stratergy that profits from the randomness of the market not predicting direction but this video explains why i was failing in consistancy relying on candlestick patterns for break and retest VERY GOOD VIDEO
Where are you from
my struggles ended yesterday after watching this video..Thanks for the enlightenment man...I already feel like I'm a better trader because of this
Do you still trade or did you become the 90%?
@@wolfbloodost9970 Still hanging in the 10% 😀
Forex trading strategy works really when traders follows the rules. But just like anyone else, one particular strategy may not always be a one-size-fits for all approach
When a strategy isn't proving to be profitable and isn't producing a require result, I always change my game plan ASAP
@@lynnkoeffler8326 Certainly Lynn but that depends on your trading style and if it matches the risk management
Forex isn't a get rich quick scheme. You have to practice good money and risk management to survive in the long run
@Robert Johnson You need proper understanding on portfolio and risk tolerance. I bet you it's really profitable when you trade with the right skills. I've earned trade profits in hundreds of thousands in a very short while
I feel UA-cam should add a love symbol for us to click on.. Sincerely Rockz, May God keep uplifting you beyond measures. You don't know how many lives you have positively transformed. I love you so much man
I like how you break it down! You speak the language of the market so well!! 💰💰💰
when you said this info is going to change your trading career and sounded so confident, I said to myself what could he possibly say that is going to change it. My man, that lived up to the hype! That is exactly what I do. I take buys/sells immediately when the price hits my zone, evening if its in the opposite direction of the trend Im trading. Thank you boss I really needed this.
This video just changed my life as a biginner trader. God sent 🙏🙏🙏🙏🙏🙏🙏🙏🙏 stay blessed stay winning
How are you now?
Wow... i am newbie and have been going through many Time frame videos to understand the significant of time frames when taking trades. You have explained it in the most simplest, clear and precise way for a slow learner like me to understand. Well done . God bless you
Exceptional! The best trading instructor on the web!
For sure
i swear
I think the main key for winning is knowledge. Take as much as you can to learn it than use patient to learning. Without knowledge everthing is blind and than destoy your psychology.
In all honesty I enjoy these regular live trading videos. They take us through your thought process for each trade you take and I really learn a lot. Theres no video that's repetitive, I learn something on each one.
I literally want to thank you for providing these real insights and telling us to wait patiently for the right entry and not to trade in the impulse.
I'm a professional trader , i have 8 years of experience trust me this guy has given you the best strategy.
Absolutely true. He is amazing.
Thanks for the confirmation
So 3 years after your comment.Does this still work?
@@marcelbrummer5098it's work like a magic 🙌
agreed
All I can say is thank you I've been struggling with this exact problem for a while now
Bro... I'm soooo mind blown rn, this is the golden ticket
Waaaaau.... the clearest multiple time frame trading explanation ever heard.... let me try this... sounds revolutionary
Ever seen video in my 1.5 yrs of trading/ investing journey . Thanks ROCKzFX 🙏🙏🙏
The majority of new traders approach Forex with a gambling mindset. They win or lose by a throw of the dice. Forex trading is all about eliminating the losing trades and achieving more winning ones.
The problem with beginner mistakes is they approach their trading with a cavalier attitude and little to no education.
Forex trading involves too much risk. I tried it and it just didn’t work out.
so far this is the most simplified i found in youtube, i will rewatch this video everytime. thank you so much.. this video is what i really need! im having a hard time how to initiate in multi timeframe analysis but thanks to your video, its slowly getting clear now
Hey I have a UA-cam video explaining the difference between SMC and the composite operator. also talked about trading consistency. Would you like to take a look?
This is literally one of your best videos I've ever watched. I've been struggling with this. I'll really try and test it out for myself.
Many mentors work for brokers and you're one of them. This is not what you can use ur entire life n be profitable all the way. I thank God He has shown me the way. Many teachers of forex work for brokers
Love how you realistically presented the actual trading game plan to the point, love it.
Hey I have a UA-cam video explaining the difference between SMC and the composite operator. also talked about trading consistency. Would you like to take a look?
THIS CHANNEL IS THE GOLDEN NUGGET FOR FOREX SUCCESS
Thanks Rockz, you’re a great mentor. Money well spent.
Which money ?
Your voice is sweet.
Your voice entered deep into my head.
This is a golden nugget and simple.
God bless you. 🙏
this changed everything for me thank you legend.
Sir, 4 years I have invested in this market but we say the truth about market structure no buddy say how you explain. Sir I like give 10000000000 thumbs up👍👍👍 . If I can talk to you it will be my pleasure respecting each and every word
Great mentor teacher ever in this world. very appreciate that. thanks Rockz!
Wow!!!! One of the best video on UA-cam, do you know have struggling with this for long??? But you just made it crystal clear for me. You will not die young. God bless you abundantly for sharing this with us.
Exactly what have been searching for since. You are the best!!!
Clearest explanation ever.....thanks bro!
Soon as I finished this video I did this 3 step and instantly profited off of Gold/GJ. You’re the man bro, much appreciated 🙏🏼
Thanks so much for this!! Taking entry too early has been my biggest problem, always neglected to go down to the lower timeframes to look for confirmation and entries. I generally thought that level was just too chaotic and difficult to read but this makes it super simple.
Subscribed! Thanks again!
Just about the same way I feel also. Chaotic lower time frames. I know better now
We participate in market moves.. not anticipate as traders. If anybody thinks they can predict may as well go casino atleast you get drink and flashing lights!
You my friend are legend and have shown participating in market moves beautifully with solid confirmation approach. i pray not too many losers don't hate.. well done
I had to get off my PS4 and grab my phone to leave a comment. You explained this perfectly! You have a new subscriber fam. I really appreciate chu. Finna binge your videos 🙏🏾
You such a professional teacher.
Hello. I have tried out your break and retest strategy and it really works. Can I see some leverage topics in the future? I'm a fan
I call your strategy “patience pays off” good job man!
I had to download this video to watch as many times as i can. Thank you RockzFx
Keep going mate, my mentor started 8 years ago (not rockz, but that may change).
Not too long ago I saw him pulling 6 figures on 6 entries, each. Trading is worth it. One of the hardest things you'll ever do, but it'll be worth it.
Just don't let the bad times deter you, the markets are a rollercoaster, need to ride them correctly or they throw you out!
First somali on rockx channel
@@yahyeabdihassan4295 🤗
me too:)
Your lectures are simple and straight forward and simple to follow Thank you so much Your videos I rank them some of the best in the forex trading
Content suggestion: When to know if there is going to be a reversal or breakout
Just look at structure bro.
@@randierodriguez2286 makes sense but dont you think its easier said than done?market tends to be tricky at times
A honestly with all due respect bro on this video you just gave me the very last trading piece I needed to my puzzle you are amazing and I have never even attended your Academy all your UA-cam videos and I’m a highly successful trader so thank you you said you’re going away but take care youngin
Where are you from?
I have one critique, please don't take it as a hate. I like your analysis and technique but wouldn't it make sense to wait for a retest for an entry than jumping on a big momentum shift midway? Because since momentum shift has happened, it has high chances of doing a pullback before it continues further so that entry you took can be stopped out as well. Yes I know it worked in this particular example but to me, the ideal entry would be when it broke the trendline and closed above the horizontal line too
Don't always wait for a retest.. Sometimes the market will leave without you
Same thinking
I have thought on the same thing and i love the idea of a stop order than limit as it works when there is a mumentum. And i aggree if u are trading on a htf bias that would have worked
I must admit this trading strategy has really changed my trading career and I am not looking to change it at any time. Thanks a lot my brother.
Ahhhh man, I just hit that notification bell because I need to know exactly when you be droppin these gems 😍👌
You are the most selfless teacher explaining how to operate foreign exchange. Thank you very much. While watching your video, I opened the futures software, thinking about your thoughts over and over again, and then verifying the graphics I saw. It felt like a sudden realization! God-like people
By far one of THE BEST trading videos I've seen. Ive been trying to figure out what works forna very long time now and this just hit the nail on the head. I have one question though cause I tend to use 1 and 5 minute charts. Should i just avoid them overall? What about stop loss placement?
Where are you from
States. Florida
1 and 5 min charts are more used for scalping. He's teaching intraday trading. If you're trying to scalp then I would suggest looking up forex scalping on youtube.
best forex teacher on youtube hands down
Rockz, this is seriously revolutionary for me at this moment in time. Thank you very much. Just one query: would you not argue that your entry was a little late or do you think that price has to properly establish itself as being in an uptrend on the lower time frames before entering? I do understand not immediately buying at the break of that trend line because it came back below and stalled forming a new trend line, but there was a lot of space from there to your entry. Thanks again.
Same thought s
that's perfect and very advanced and professional. You gave it. The biggest secret of price action.
This is quite cool and interesting, But most trader's fail because they give up quick, it takes time, patient and lot's of trading experience to become a profitable, An alternative seek guidance from some pro trader's and more to avoid loses of funds.
Hello i keep losing trying to invest with some online UA-cam trader's, but I'm still trading to improve my techniques, i just need a better source to invest and earn while still trading, any recommendations please?
By far the best video I've seen so far!
Have you been into any live trading yet??
You bought at the top of a move that could have quite easily turned into a double top. I would have expected to see more resistance at this level and a slight pullback and given that your stop was minimal I'm surprised you were not stopped out.
He clearly went in replay mode and new were to place the buy knowing it was going up after seeing it in replay, anyone can make these videos when you know where market has been
The simple thing he showed was that it pays more to trade in line with an established trend compared to trying to get in at the beginning. Granted it is replay mode but recur that his confidence stems from the fact that the higher time frame (H4) was bullish
He seems to have waited to take the trade till the price reached the previous high-high top which is the new resistance that price needs to break. He was confident that price will break through it and rally above because of the overall uptrend.
Great video as always, but I would also like to understand why wait for it rise so much above the trend line in the final example. It breaks out of the downward trend and above the key level, comes back in and then out. Why not take a position then, around 135.9? I always thought the mantra was not to take a position in the push phase, which this seems to be in by the time the position is taken. Any insight or suggestions would be welcome! Thx
@@krisrichmond1487 Yes, I'm confused here, thinking the same.
This video alone, changed my trading! Thank you.
beautifully presented - thank you!
One ting though: @09:58 I would have been inclined to take the trade there, thinking the three bullish candles indicate the upward trend beginning.
What would have been the indication I was to wait still ... the candles' size being too small?
thank you man no words to say the way of your teaching you.........
I clapped my hands while watching this🤝🏾😅
ill be clappin cheeks after robbing banks wit this strategy
👏👏👏
I thank God i stumbled on your channel, its a long catalogue of books put in a small shell. God bless you.
at key level when we got rejection candle and form the bulling engulfing so you can enter into trade! but my question is when you enter into trade there is to sign either market will continue trend or make rejection?hope i get answer fot this..
I have the same question
this is the best video for price action. I watch various indicators and use them but none of them satisfy me as a day trader. This explanation is so clear and you can practice it and see a result to your trades. Thanks man for doing this stuff. As a self student, this kind of informative video gives so much knowledge.
11:39 you take the trade at a high enough level to call it a 15M push phase. Also there`s no clear stop loss level, you just know it won`t touch yours as you saw that before making the video. Tell me if i`m wrong and where. Otherwise loads of things make sense.
Yes his entry is TOO LATE he just puts his stoploss without thinking because he already know where the market is moving because of that replay button 😩🤣
This is what I've thinking right now
@@classified0178 same
Never thought about this angle , this will going to change my trading account in profit surely.
Thank you so much rockz! You are a true mentor and I am so happy to say that I have started to get good results using this method. Before this I used to trade using trendlines but now I have started to focus on market structure.
Can you please make a detailed video on spotting market structures in 1 smaller timeframes ? In bigger timeframes it's easier to analyse but not in smaller also here India 4h means only 2 candles a day.
Hey I have a UA-cam video explaining the difference between SMC and the composite operator. also talked about trading consistency. Would you like to take a look?
My God , have never seen a break down like this before. I wish to give more than one thumps up. No new trader should miss your videos . God bless you man!!!
Excellent Rockz. I love learning from you, Got a question: The last entry (the buy) was not too late? you bought on an extended/push phase orf that impulse (?)
Yeah I was wondering about that too , seemed like it was in a push phase with a chance of a pullback
yes that point of entry what triggrrs you is it a candlestick or what
You can enter when you see a good confluence around d key level area..... I think he took the trade late, just for clear understanding
I think he must have waited for the break out from the previous high.
Primarily he saw the wick rejections for entry and also the exhaustiin looks very close or small.
This video is just WOWWW!!...😮 Blew my mind that i only work with the 4H timeframe (i love it also) but i noticed that it takes too long for me to get an entry😢, and immediately an entry pulls up, i may be out of the market and when im back, its more than halfway gone😭, then i have to work on my patience and wait for another entry to avoid loss!!... But now noticing the use of different timeframes just like you spoke, I can understand it in my own analysis and make things work out for me!!...😊 THANKS A LOT FOR THIS VIDEO!!... Have to give myself time of study on this timeframe switching!!...🔥 GOD BLESS!!...💗
Thanks for this video Rockz. Personally, I would have been one of those traders that entered those trades on impulse but this has changed my perspective
So with this method would it be to buy a stock and ride it for an entire day? Or to ride a trend within a given moment in a day?..or both lol
sorry boss im confused... is there any way of being able to contact you so i can ask further questions
Position sizeing and risk management please
I wished I watched this video 30 minutes ago....DeLorean anyone?
Hahahahahahahaha😆😆😆😁
Of all the channels I've been watching, you have the perfect explanation for learning about trading even though I'm still a beginner, I learned a lot from this video 😊
Where are you from
Wow Rockz you're star...Your contents is another level.. thanks for sharing 🙏🏽
i learn a lot from your videos, after watch your past videos about entry, i found variations, in this video you tell us not to trade with impulse, but sometimes in the past i saw you to take the entry with the impulse.. how to decide ?
The only decision thats good 👍 for your trading now is getting a good Expert trader as your account 👍 manager
Nice and clear! Trading is all about having patience and waiting for the right confluence to happen!
Could you please upload more videos like the 2 previous one (trades on the 1min TimeFrame on GBP/USD)? You really helped me a lot with those 2 vids✋🏼🤙🏼
I've used this method a few times. This is not the first time you're talking about it. I'm a beginner with trading and this method has truly helped me in getting that profits. Thank you for sharing the knowledge
I've watched a lot of videos on Forex strategy and THIS IS IN POINT! Thank you. New subscriber for sure!
Sincerely speaking, this is one of the best videos I came across
Gold started moving in a weekly chart there are 2 harmonic patterns 1 broken head and shoulders goal 1250 and the other butterfly pattern goal 38% reached the second goal 1500 suitable for me successes
You make me a better trader just watching this one video thanks a lot 🐐💯💯
kazel peters
; am a newbie and am sure i will try him out this Mr Felix .
one of the best trading videos I saw on UA-cam. Well done 👍
Its good video. Just share optional idea what i think of this kind of chart, you only need to set your PO on 15M early after first explosive breakout. Look at the engulfing breakout around 16.00, set PO at bear candle opening (before engulf) set SL at the bear low, you have more RR, use 1:1 too. Leave the chart, have ur holiday. And let the money work for you. I always do this in every breakout price i see.
What is the reason for getting into the trade from that high and how u mKe sure that it wont hit ur stop?
Wow. Thanks for such a life changing video.
Mrs Mary is legit and her method works like magic I keep on earning every single week with her new strategy.
I receive my profit every 5 day's thanks so much.
Wow I'm just shock someone mentioned expert Mrs Mary I thought I'm the only one trading with her, She helped me recover what I lost trying to trade my self.
Yes I'm also a living testimony of expert Mrs Mary.
Mrs Mary is obviously the best, I invested $3,000 and she made profit of $28,000 for me just in 15 day's, Her success story is everywhere.
Thanks for the recommendation, I just contacted her and she attends to me nicely.
Yes you make it looks simple now, now we can see the big picture
Yes, This is the secret of success in trade.
Thanks sir ,
You have reached me today the secret of entry point.
I really appreciate you.