Price Action Strategy For Scalp Trading

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  • Опубліковано 27 вер 2024
  • Free Trading Training Content
    Important Price Action Rules - rb.gy/eh8w
    Simple Guide To Trading - rb.gy/sypf
    The Best Trading Pattern - rb.gy/hdkd
    How To Count Entries - rb.gy/kptd
    Two Legged Master Setup - rb.gy/x6vq
    Money Management Rules - rb.gy/lnce
    How to Find the Best Chart - rb.gy/h0m3nw
    Instagram - / realthomaswade
    Twitter - / iamthomaswade
    Facebook - / wadetradingacademy
    Date September 25 2024
    Time frame - 2000 tick chart
    Instrument - S&P 500 ES Futures
    Indicator(Supportive) - 21 bar EMA
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    Price action describes the characteristics of a security’s price movements. This movement is quite often analyzed with respect to price changes in the recent past. In simple terms, price action is a trading technique that allows a trader to read the market and make subjective trading decisions based on the recent and actual price movements, rather than relying solely on technical indicators.
    The only people who know where the market is heading are institutions. They are the ones who make the market move and our job as retail traders is to follow their footsteps and get the piece of their movement. As price action traders we need to find the most profitable ways to enter trades. The highest probability setups are 2nd entries, its variations and confirmations setups at the key entry points.

КОМЕНТАРІ • 33

  • @1973chevypickup
    @1973chevypickup День тому +2

    Didnt see any setups by 11 so I called it a day. Glad to know i was playing it safe! Knowing when NOT to trade is just as important as knowing when to trade.
    Thanks Thomas!

  • @dimitrakalamariotisa4382
    @dimitrakalamariotisa4382 2 дні тому +1

    Hello mr Thomas thank you for your excellent educational videos have helped me a lot, please consider to change theme to dark cause its hard to watch on light my eyes are hurt but because your wonderful lesson i cant stop watching.. much love❤

  • @joeconrad8868
    @joeconrad8868 14 годин тому

    Hi Thomas, I've watched your ideos for a long time, lot's of value. But can you or anyone suggest a broker where one can get a platform that works with 2000 tik charts (I assume it has to be Ninja) for free with a test account? The best I can get is 1000 tik account which is not the same. Many thanks for any help!

  • @LucasfreeCash
    @LucasfreeCash День тому

    i'm not trading the ES at the moment but man this looks like a day where you either get chopped to pieces (which in my case is the most likely scenario) or you get a massive runner and get a truck load of money

  • @olaffdb
    @olaffdb День тому

    I took the first lower high and then sat on my hands for the rest of the day. Guess I’m training my patience 🤣

  • @KiddAmnesiac
    @KiddAmnesiac День тому

    I shouldve sat on my hands today. Ended in the green, but got roughed up along the way. Good reminder to be more patient.

  • @afonsopereira3081
    @afonsopereira3081 День тому

    the Last LH that you mentioned , you cannot take it with a double bar entry?

  • @theratrace2153
    @theratrace2153 День тому

    that was the most chaotic, superficial, subjective rant I've ever heard in my life...that was a double top, you should've entered, its a classic fast-buy-slow-sell pattern...your blabbering of millions of fake minichannels is incredible...who taught you that garbage?

    • @theratrace2153
      @theratrace2153 День тому

      at 12:50 is the other double bottom, reversing the whole slow-sell side, Thomas...that was the easiest, cleanest most traded pattern in every trading office of any bank on the planet...you gotta know that, buddy...

  • @jbailey2322
    @jbailey2322 День тому

    Ive just started following and watching your videos. It seems you like to mostly short. This chart clearly shows a large profit had you scalped the uptrend?

  • @marcusvon2477
    @marcusvon2477 2 дні тому +4

    Thomas I had a day where I regressed in my progress. I got married to a premise expecting the market to have an uptrend day and got wrecked as the market went into a downtrend. I overtraded and gambled and got ripped today. I lost all discipline and let myself down today

    • @darylbaptie5159
      @darylbaptie5159 2 дні тому +3

      You're not the only one Marcus! Today was a day where my reading of the market was off completely. Should have shut it down early but blew an Apex PA account with some revenge trading. Going to take it as a learning opportunity.

    • @spyguy4278
      @spyguy4278 День тому +3

      Recover your mental state! Tennis players talk about it a lot, you're going to make bad shots, bad trades. How fast can you let the negativity wash over you, accept it and move onto the next. Good luck tomorrow!
      Of course you know Thomas method doesn't use any premise, so holding a "uptrend day" bias isn't part of this system :(

    • @michaelmcdaniel9901
      @michaelmcdaniel9901 День тому

      I have and still do the same. Improving, but we got this.

  • @davidibiyemi1308
    @davidibiyemi1308 День тому

    Thanks Sir

  • @pravingangarde5249
    @pravingangarde5249 День тому

    Which moving average is this?

  • @JudithRadonlds
    @JudithRadonlds 2 дні тому +8

    Thank you for your videos mate.. . Crypto education is what the world needs the most right now. I don’t think that buy and hold is a valid investment strategy anymore. Not too diluted and to a degree, follows Sophia’s trading ideas and signal tips for your portfolio growth and aggressiveness. She is a woman who has not only taught me what the cryptocurrency trading world looks like but a secret to uplift my finance. Buying crypto and waiting for the price to shoot up is not the best way to invest in the market but buying and trading is. Sophia Haney’s trade signaIs does the heavy lifting, generating competitive returns for crypto traders and investors in the form of money and peace of mind. Time in the market vs. timing the market. If you keep that mentality as an investor, you will stay calm during the storm! Within some months I was making a lot more money and have continued on that same path...

    • @JudithRadonlds
      @JudithRadonlds 2 дні тому

      Can't share much here, I take guidance from ‘Sophia E Haney’ a renowned figure in her industry with over two decades of work experience. I'd suggest you research her further on the web.

    • @JudithRadonlds
      @JudithRadonlds 2 дні тому

      Use her name to quickly conduct an internet search.

    • @JudithRadonlds
      @JudithRadonlds 2 дні тому

      SHE’S MOSTLY ON TELEGRAMS APPS WITH HER NAME.

    • @JudithRadonlds
      @JudithRadonlds 2 дні тому

      Sophiahaney she’s verified

    • @MatthysYtb
      @MatthysYtb 2 дні тому

      I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience…