Mastering The THREE DAY TRADING CYCLE (SIMPLEST DAY TRADING STRATEGY OF ALL TIME)
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- Опубліковано 22 вер 2023
- PRICE ACTION DAY TRADING TO TRADE WITH THE SMART MONEY!
Mastering The THREE DAY TRADING CYCLE (SIMPLEST DAY TRADING STRATEGY OF ALL TIME)
✅ Best Trade Setups Playbook⭐⭐⭐⭐⭐➤ stacey-burke-trading.thinkifi...
My experience with day trading, stop loss hunting and smart money manipulation.
• How to improve your trading performance by avoiding stop loss hunting
• Key rules to avoid being a victim to stop loss manipulation and how to anticipate stop loss hunting practices
• How to think like a professional trader (and how to ditch the retail trader mentality)
• How to make money day trading and swing trading by understanding liquidity trading
• How to identify the Best Trading Setups
• The truth about smart money manipulation
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Not only was this a record breaking home run...but you took out a street lamp in the next parking lot over! I swear Stacey these are just getting better and better man!
Thank you stancy..the process is becoming clear everytime you reinforce it. Thank you for being patient with us and for taking time to do these videos.👌👏🙏
Ok thought about me previous comment and realized it’s just me focusing on the wrong thing which was all the different scenarios on the weekly template. The simplicity of it I just to find an instrument at a high or low or wait for one to get there and then observe price on lower time frame for the set of a reversal or continuation. The task is to see the setup in real time and take your shot.
yes
0:58: 📚 The video discusses the four-step method to high performance trading and offers free course downloads for increasing competence and developing a winning mindset.
5:32: 📊 The video discusses trading opportunities based on range expansion, parabolic moves, and reversals.
11:15: 📈 Understanding the importance of timing, levels, and price behavior in trading.
16:54: 📈 The video discusses the potential trading opportunities based on the market's behavior during the week, including the concept of initial balance extreme and three levels of rise and fall.
23:19: 💰 The video discusses projecting Friday's closing price using the high of the week, low of the week, and closing price of the week as reference points.
28:10: 📈 Understanding the significance of closing price in trading.
34:05: 📈 The video discusses different trading strategies and highlights the importance of daily highs and lows.
39:45: 💼 The video discusses market trading strategies and waiting for high-quality opportunities to arise.
46:26: 📉 The video discusses the potential setup for the Asian market based on the U.S. session's performance.
Recap by Tammy AI
I want to express my gratitude for your continuous efforts in making sure we comprehend the material. Thank you for your dedication.
I am trying to re-form my whole thinking based on the playlist
It does give a whole new perspective to think and see I will dive deeper into the content
I can’t thank you enough and I always appreciate your time!!!!!!!
Drawing boxes and levels has weaned me slowly away from relying on indicators. Sheesh. I see more behavior now. Still long way to go! Thank you Stacey!
Well said Doug! Thank you
That is the best video I have watched so far here. I feel I am beginning to understand this powerful concept!
Thank you Dr.Burke🙌
Definitely a great video Stacey very helpful and insightful!!
Thanks Stacey for this gem…
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Thank you Stacey. Much appreciated. Excellent tutorial that cleared any questions from your previous clips, which were a life saver for me👏👏👏👏👏
Thanks Stacey , very helpful video 😄
Mr Stacey I'm not gonna lie, I didn't want this video to end ever, I want to see you breakdown all your pairs haha
This is definitely one of your top teachable moments u really closed the gap on those small things we think aren't important like closing price and those 3 levels from closing price.. then the higher highs Inside a pre day hi or lower lows inside still means u inside..... #gratitude 💡
I really liked the pace you went through. Really made it clear especially the little details you mention along the way.
Best way to start my Sunday!
Thank you so much for your teaching I have learned a great deal and will continue to work at it as failure is not an option. After your explanation of the weekly template I see why it took you 15 years or so. This is anything but simple. You discussed 10 or so variations at the weekly template times 6 different instruments is 60 different scenarios we are supposed to be able to recognize and then pick the best one for a setup? I bring this up not to criticize your teaching but to let others who are struggling know they are not alone. My wife keeps asking why I picked the hardest thing there is to do? And she is right to ask but I will keep at it because for some reason I love it!
thank you so much SB for this video, very helpful :)
Eagerly waiting for the next video!
What a great detail in the way of explaining, it is made to be understood and a sublime explanation, thank you very much
Great content Stacey! Looking forward to the indices and oil breakdown.
Thank you for everything you do in taking the time on your busy schedule daily to stop what your doing just to give all of us your golden nuggets ive had three successful weeks from all your knowledge and tade setups they actually work. From a small time trucker thank you! I can see myself getting off my semi as long as i have a great return weekly
I appreciate that Kenny! Thank you
Thank You Sir. Wonderful Video.
Thanks Stacey.
You are so welcome Paak! Thank you
Thanks Stacey. One of your best!
You're so welcome Kosmojo!
I watched this video about 4 times. The chart is my humble abode
Have watched this now 3 times, IMO The most brilliant of all your work.
I appreciate that Joseph! Thank you
Great Recap 🍽️ 😋
Thank u 🙏 so much
I have learned a lot from your training system than any other s !
It’s amazing easy to understand an it’s fun to learn an watch ! Can’t wait to be a trader like you 🤓
I appreciate that Ashley! Thank you
Thank you so murch Dr Stacey ❤
You are so welcome Hajjnur! Thank you
wow thank you sir for sharing such great content!
Thank you Stacey, for your time and the quality of the knowledge you put into people's consideration. As for myself, I struggle too much to understand you and have not succeeded in putting this knowledge into practice but I recognize, mainly for what other people say, that what you teach is a very valuable information. Thanks.
Thank you for the advise @@Smt_Glaive
Time to get the popcorn 🍿 this gone be good!
I watched some of your videos, i think you are giving so much trading education to your followers, and that what you give is more or less the holy grail, i would have called it perfect trading system, but there is nothing under the sun that is perfect. I cannot thank you enough. Please i would like to ask for a video on how to identify peak formation, thank you very much
Gracias x la aportunidad y paciencia y vi el vídeo 😊
I'm watching this video in South Africa and I've gotta say that you have totally changed the way I viewed the market
Thanks Stacey
Thank you Victor!
Got to give you credit
You are a f***ing genius
I appreciate that Shaun, you are too! Takes one to know one! Thank you
Thanks buddy, always good to get a refresher, just snipe your spots by focussing on the bigger picture and you are golden. I'm practically trading only once or twice a week and caining it bruv.
Great job Sanj! Love it!
Vi este video gracias por la paciencia y por la oportunidad
Thank you 👍
You are welcome Phadraig Thank you
This video smashes everything !
Great and well explained!
Thanks teacher 🔥💯
I appreciate that Traveller! Thank you
SB ur a LEGEND!!
So are you Heron! Thank you
always good stacey
I appreciate that Shaky! Thank you
What is more frustrating to a beginner trader (than losing money) is not being able to understand Stacey's explanations, because EVERYTHING he says is only understood by those who already "understand" his strategy. It's a dead end for beginners.💔
This is true I have studied Stacey for an entire year daily work and have managed to make 3 successful trades in that year only. Some would say it’s the definition of insanity to keep trying the same thing but I guess I’m insane
Mark up your charts to put the pieces together, then come at the charts at your session and see if you would take the trade or not.
I’m sure we were all there at one point. But it’s really not that hard to understand. Write down/Draw what he’s saying , maybe it’ll help to make more sense of it
Someone I know, didn’t understand his concepts and got frustrated and stopped. I’ve followed mr Stacey for over 2 years now (the past year being extremely focused on just his concepts )
From experience not all pairs work with this strategy. I have tested several pairs and have found consistency with the jpy pairs.
Practice on bar reply till your brain gets it. When you loose stop and look at what happened. Why did price stop there.
Critical to wait for the market open hours.
If you’re on an uptrend don’t take sells until price confirms that the trend has changed. This hit home this year! How can you tell? When a daily level is broken and you still have to wait to see how the next day sets up.
Stacey’s concepts are hard but is the way to go.
PS It always pays to practice a few simple basics until you get a broader perspective.
1 Recognise Mon is day 1 Tue is day2 Wed is day 3 for the front side of the week. Wednesday resets to day 1, Thurs is day2 and Friday is day3
2 Mark a line across the closing price of yesterday and the high and low of yesterday
3 Is there a setup at yesterday’s closing price? Look to see if there are higher highs on the inside between yesterday’s high and low or lower lows on the inside between yesterday’s high and low
4 If higher highs following a downtrend look for a dump and sit on your hands to see if a pump sets up at a level following the dump. If a lower low appears following an uptrend then look for a pump and sit on your hands and see if a dump sets up at a level following the pump.
5 If you found a setup at a level for a pump then look for a W pattern if a dump is setting up look for a M pattern.
6 When the W or M pattern has developed at the level of yesterday’s high, low or closing price that level becomes today’s entry price. Place a stop loss above the nearest peak formation high or below the nearest peak formation low. Then place a sell order at the other side of yesterday’s range.
7 When the stop loss, entry and price target has been set, shut down the computer and walk away. Either the stop loss will take you out for a minimal loss or the sell order at the other side of yesterday’s range will take out the trade at a profit.
8 Once you learn to do the above well and are trading profitably the next thing to learn is how to scale in and make the trades bigger while maintaining the risk management.
If you are inside you are a FOOLGAZI😂😂😂. Thank you so much COACH...
Very informative video. Lots information to digest. Anyone out there had a go with these setups? And what has your experience been like?
legend nuff said
I am going to watch this video every day along with your more recent Mastering The THREE DAY MARKET CYCLE (Day Trading's BEST KEPT SECRET!!!) just to reinforce it forever in my mind it they are pure GOLD.
London in the middle of the week on bear days has a habit of selling off in the 3rd-4th our if not set up to go off at open
26:20 very imp in terms of day 3
Hey thanks for all the information! It has been really helpful learning about your strategy and the playlist is going great so far. I have a request, that I think might be useful to really grab your concepts and make this a lot more beginner friendly. Could you post a video where you use Trading View with the "Replay" Feature? For example, you go back to a Friday close and mark that level then forward to a Monday and show how it is playing out while you mark up the levels? Then Day 2 for Tuesday, etc. showing where you could take the trade? It gets a little confusing what previous levels I should be using for the current day and what does the reset of the Day 1, Day 2, Day 3 count. Much appreciated!
hi stacey. have you any tips for pre London traders who can only trade before work. Or those on the 4hr who can have a look throughout the day. Love the content brother!
Thanks for this great lesson. Can you please make similar video on US30.
Thanks
🔥💯
Stacey Goated.
You too Blessie! Thank you
Hello Stacey how many strategy did you develop and are repeatable in the market how do you often use those strategy depending on how the market condition you... would love your reply❤
🙏 sirr
11am London close killzone, Eu bouncing off S3 lets see how far we retrace for Day 2 or 3
20 pips on that , low hanging fruit cash sitting on the floor in the corner of the room 😂😂
Thanks for the video. However, I'm watching it for the third time, and I still don't get it or how to use this information in day trading. How it's different from simply trading the previous day's highs and lows( support/resistance)? I'm not sure whether it's super complicated strategy or it's just I'm incredibly dumb
Great video, question, you mentioned the breakout has not failed until it breaks an opposite level, is that level a peak formation that developed in the London session on the chart or are you referring to a PDL
HOW/LOW levels for a 3 day set up
Hey Stacey good day. What is the name of the indicator that highlights the closing price thank you
Closing price makes so much sens now. It's undisputed
Hi Stacey, thanks for the content as always! new question, minute 36:24, you say that if there is a higher high on the inside of a previous day then it's a dump and pump setup. In this specific case, the dump is already the one started on Tuesday after NY session? or is the micro dump after the higher high in wed london session? thanks a lot
Enzo
Hey Tracey. Can you speak about the concept of projecting three levels from previous weeks close and its importance?
Will do Rich! Thank you
Thank you SC. Thanks for repeating yourself. I guess that 's what it takes.
Always Tahmm! Thank you
Stacey I was wondering what your thoughts were about trading indicies. I want to include reviewing the Nas everyday. It really moves and pays well. I read somewhere it was high risk but so is Gold How similar is it to trading Gold?
I am going to go more in depth on those. You will like it Niche!
I’m a little confused on falsebreak days.
I guess what I’m asking is if the the false break is part of the set up or if the three day short/long in the market is started anew on the day that confirms the previous day as a false break.
Like always, I appreciate all you do for us out here!
41:49-42:03 listen to that part to see if it clarifies it
@@jimiclaptoncarl18 okay I will thank you
@@freeyourmind4349 make sense?
Is the high of the week specifically have to be the friday high or any other point of the week
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Best US brokers? I’d like to trade the S&P/DJ30. Currently I’m only trading currencies.
Or is the box only used for certain setups?
Please do you have a private mentorship?
Hey Stacey, Im trying to get a handle on peak formations. This is probably a basic question but you mention that peak formations are formed in a session. Does this mean that the peak formations are only formed in the 12 candle windows? I only ask because i notice in the previous video you use a peak formation after NY 12 candle window for the consolidation into next day. Thanks and sorry for the basic question just really trying to learn more about how to spot and use the peak formations.
Here is the Playlist on Peak Formations Matt:bua-cam.com/play/PLHcK1aav-jMZTuy7RrthZ1PbZkodeOed_.html
Is there a level of rise for the futures market as well? Like in points or ticks?
It's the same Ross. Pick your poison, high-low what do you measure it in and how much per increment of movement. Pips, points, just know what each increment is in $$$ and the range.
HI am new to viewing your video's thanks for spending and taking the time to teach traders whether they be new to the markets or have been trading for years, the older I get the more I learn how little I really know particularly when it comes to understanding market trends and how to trade them. I've had various so called experts want to charge up the $3000 to teach me what you've shown for free once again thank you for making this video much appreciated.
Welcome aboard! I appreciate that Brian! Thank you
As long as the OUTCOME is INCOME... We are GucciGOOD. 💪😎🥂💰💴💷 🔥🔥🔥🔥🔥🔥🔥🔥🔥
What is your taking.?
Anyone know where I can find this info more distilled? This is an hour long and I couldn't find any usable tips.
🤣
Your charts are always complete. During actual trading we have zero visibility into the future. Looking back on a historical chart is easy. This lesson needs to be wrapped up at the end with key points or something.
Impressive video 👍 I usually choose to hold my stock positions for an entire month, and I discuss my strategy on my channel. In my view, daily trading is tough, given the additional element of randomness
If markets are fractal, random walk theory is bunk.
I googled the meaning of Asymmetrical and I still don't know what you mean when you say it with all due respect your a g.o.a.t in the game
Master the process >> money will come eventually as a by-product.
The day count is still confusing
On EURAUD pair you referred to friday as day 1... if thats the case how can Wednesday still be day 3?
There’s different “Day counts” - 3 day set ups
M-W , W-F
FBO at HOW/LOW - Day 1 is only confirmed once the opposite side is taken out. Ex- Fails at HOW, the LOD has to be broken for Day 1 to be confirmed
A FRD/FGD- is the 2nd day of a 3 day set up
Inside day - is the 2nd day of a 3 day set up
And then you have 3 days of breakouts
I can’t see this stuff still. “Once you see you can’t unsee” I can’t see anything still after a year it’s so aggravating man. Over it
I’ve been following Stacey for about 2 years now. And just last month I feel like everything is clicking. Not because I perceive it that way but because I’m trading on a demo and I’m able to make some $.
With trading, some don’t start. Some quit early. And some fear
Others, overcome themselves and “jump over the fire”. You’ve given too much of your time to give up. Wishing you the Best of luck! It’ll get better
Why was Asia a buy for a day 3 in this video it was at the top of the box…..
How to understand this kind of information in simple way... My head is going to blow... or I am no to smart to understand this..
ICT na no thanks ✋
TML (timings, levels, behaviors)
FCF
SMC (simple money concepts)
3 counts
yes I’ll take 🎉💰💰💰😂😂😂
SMC Klout, SIMPLE MONEY CONCEPTS 🤣
@23:30 - Why is Friday D1? I last videos you told - MONDAY is always D1.
If there’s a failed breakout at the High or low of the week..that restarts the day’s count but Monday is day 1
Watch the video again
@@StaceyBurkeTradingOk, I found in the Playbook. If Monday is inside day of Friday => Friday D1. Working on that...:)
this is actually the best content on internet I've seen for the longest, if u are on my level and looking for the missing link to crack it open this is a such blessing thank you man
I appreciate that Inspekt! Thank you
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Stacey, 30:36 , 34:16 How is that an opportunity? I am failing to understand when you mention these session opportunities you never explain the concept behind it, you just mention it's an opportunity. These doesn't fall in any of setups in your playbook. I hope you answer this as I have been studying you this whole month day and night and unable to understand how you understand each market move, especially these opportunities you mention.
It’s going to take a whole lot more than just one month, it’s not a get rich quick scheme. You had a failed breakout of Wednesday’s low on Thursday- then Asian session bounced off thursdays closing price as support. The concept is that you now have a support pillow to enter your trade in the Asian timing window and they have already dropped roughly 75pips from the midpoint range of the week; indicating that a ground has potentially been established.
Thanks for taking the time to reply. I understand about get rich quick mentality, I was pointing out on missing piece which is not there in playbook. His style of teaching is complicated even the title of videos doesn't match the content, this video is all about closing prices.
@@ankitguleriayeah I understand, just keep at it- we’re all here to help you. After you have watched a lot of the videos you’ll see that Stacey repeats the same core concepts every video as part of the revision, as any great coach would.
My friend normally you have Yesterday H&L with the closing price ..these are your starting points ....then you have the high and the low of the current day esp. if they broke the previous days levels .... and you got to put that in the daily cycle ...
Now for the EUR USD ... on Monday you got LO the current day with yesterday closing price as the same level acting like support on an important timing ...LOD to the HOD this is the minimum (of course this is computable with Monday being d3 in the Thursday d1 failed break , Friday d2 trend day and Monday d3 blow in the direction of the trend ) you now the level , you now the timing and you have the scenario in your head and you see NYO or around it making a higher high (BIS inside the box of the day) Dump and Pump
@@calmusicmusic9131 Thanks cal, this makes so much sense. I love how you guys came out for help. I'll make sure to do the same when I reach there.
😂😂😂
Have really failed to understand these teachings... Too many unnamed lines... No idea how they came about... Every was looking fine until the charts
I still have difficulty understanding this strategy. I wish someone can just help me out
Watch the videos
@@StaceyBurkeTradingif i get you correctly you saying each sessions will always present a setup. Right?
Each session yes.....each session on one pair/instrument every day though? No. For example, you won't get a good setup every day in Asia for Gold. You won't get a good setup every day in London for Gold. And you won't get a good setup every day in NY for Gold. You WILL however, find a good setup in one of those session on some days. That's why Stacey follows a basket of instruments. If you follow say 6 combinations of AUD/NZD/JPY pairs during Asia, one of them is sure to give you a good trade each day. Which pair will give the trade on the day? Depends on market structure and price action and the setup.@@johnuzoigwe7228
Gonna make some coffee now and do some backtesting 👍🏻☕️🫖 thank you Stacey!
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