Day Trading Price Action Masterclass! MY SECRETS!

Рет қаралды 39,432

Күн бұрын

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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*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.

Пікірлер: 145

@barrychatman 7 ай бұрын

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

@habstran8530 7 ай бұрын

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 7 ай бұрын

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

@SammywiseG 7 ай бұрын

#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.

@PatrickWieland 7 ай бұрын

Great job!

@PatrickWieland 7 ай бұрын

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

@luisparades5661 7 ай бұрын

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 7 ай бұрын

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

@tradertate 7 ай бұрын

Great video. One of your best, thank you.

@CryptocurrencyProfitss Ай бұрын

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!

@Alex-om6wo 18 күн бұрын

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!

@PatrickWieland 18 күн бұрын

Glad you like them!

@lkfrick4509 7 ай бұрын

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 7 ай бұрын

Haha do you smell what the rock is cooking!

@jonathanmackinnon6096 7 ай бұрын

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

@Josephbrown9442 7 ай бұрын

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

@JohnnyBtv 7 ай бұрын

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

@PatrickWieland 7 ай бұрын

Nice work!

@GabeTrades 7 ай бұрын

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

@jacoblehman8714 7 ай бұрын

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

@jessiepadilla5882 7 ай бұрын

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

@PatrickWieland 7 ай бұрын

🫡

@1jason4869 5 ай бұрын

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

@iamwhatiam6075 7 ай бұрын

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!

@nancyledford907 7 ай бұрын

Excellent video to review what you look for. Thanks Patrick

@TruenotesMusic 7 ай бұрын

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

@PatrickWieland 7 ай бұрын

✅

@pscwestie6237 7 ай бұрын

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

@PatrickWieland 7 ай бұрын

Thanks!

@JennyBeanTrades 7 ай бұрын

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

@claythomas6758 7 ай бұрын

Awesome video Patrick. Thanks for the knowledge bombs!

@andplot 7 ай бұрын

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

@PatrickWieland 7 ай бұрын

Thank you! You too!

@TanjaTrades 7 ай бұрын

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

@PatrickWieland 7 ай бұрын

😘😘

@jacoblehman8714 7 ай бұрын

Thank you for the content!

@forcedriven9328 7 ай бұрын

Absolute brilliance!

@serdaryilmaz6341 7 ай бұрын

Useful info. Thanks

@PatrickWieland 7 ай бұрын

Yewww

@HABIBISTRIKE 7 ай бұрын

Great Explanation Patrick. Thank you

@PatrickWieland 7 ай бұрын

Very welcome

@dougr6925 7 ай бұрын

Great education...thanks.

@jimcudasnyder 7 ай бұрын

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!

@PatrickWieland 7 ай бұрын

Thank you Jim!

@thirdbracket 7 ай бұрын

Great one Man! Keep them Cominggg!

@PatrickWieland 7 ай бұрын

Thanks! Will do!

@jorgepmartinez6532 7 ай бұрын

Thanks for sharing simple ideas…you killing it

@PatrickWieland 7 ай бұрын

🫡

@jezworsley 7 ай бұрын

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

@PatrickWieland 7 ай бұрын

Always!

@sbratsi5901 7 ай бұрын

Your making it easy ❤

@jennerb7059 7 ай бұрын

Thank you, Patrick! The trend is my friend.

@PatrickWieland 7 ай бұрын

You bet!

@JH-ze4lo 3 ай бұрын

Great video! Thanks

@Grzesiek7713 7 ай бұрын

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

@PatrickWieland 7 ай бұрын

No problem 👍

@micaj4437 7 ай бұрын

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

@PatrickWieland 7 ай бұрын

Glad it was helpful!

@mikevaldez5039 2 ай бұрын

Great video. Thanks for sharing

@joeblack285 7 ай бұрын

Excellent video Patrick thanks

@PatrickWieland 7 ай бұрын

Glad you enjoyed it

@jamestaylor5143 7 ай бұрын

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'!

@PatrickWieland 7 ай бұрын

Wow, thanks!

@shayankhan9734 7 ай бұрын

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

@PatrickWieland 7 ай бұрын

Glad you enjoyed it

@CryptocurrencyProfitss Ай бұрын

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!

@PatrickWieland Ай бұрын

Glad it was helpful!

@jonnooney7102 7 ай бұрын

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.

@joeblack285 7 ай бұрын

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

@PatrickWieland 7 ай бұрын

🥹🥹

@idreesbaksh2505 7 ай бұрын

Thank my friend

@rafaelsanchez-ll5yx 7 ай бұрын

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!

@PatrickWieland 7 ай бұрын

You bet

@gatetres 7 ай бұрын

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

@PatrickWieland 7 ай бұрын

Wow, thanks!

@usedtajam 7 ай бұрын

Fire as always

@marcgiovanni9877 7 ай бұрын

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

@PatrickWieland 7 ай бұрын

Haha epic

@LuLuLately 7 ай бұрын

love it!

@powerthroughfocus 4 ай бұрын

Thank you Patrick. 🫡

@jamesduncan222 7 ай бұрын

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

@PatrickWieland 7 ай бұрын

Glad you enjoyed it!

@rongrace6324 Ай бұрын

Great Vid expanded it very well. great content

@highlighttime5523 7 ай бұрын

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

@PatrickWieland 7 ай бұрын

You got this!

@nolanwalters5618 7 ай бұрын

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

@PatrickWieland 7 ай бұрын

Glad it was helpful!

@jttaylor2177 7 ай бұрын

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

@PatrickWieland 7 ай бұрын

You bet

@RedeemedByChristJesus 7 ай бұрын

Quality video. ICT take notes.

@PatrickWieland 7 ай бұрын

💀

@TonyC-pq7bp 2 ай бұрын

Awesome video Ty PW 👍

@irlekene6572 7 ай бұрын

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

@fpotochney7318 7 ай бұрын

Nice video Pat

@PatrickWieland 7 ай бұрын

👌

@iqalpha6024 7 ай бұрын

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

@PatrickWieland 7 ай бұрын

Well said!

@dru5197 7 ай бұрын

Excellent video,thanks for the great content.

@PatrickWieland 7 ай бұрын

My pleasure!

@jmc640862004 7 ай бұрын

Nice more content like this

@PatrickWieland 7 ай бұрын

More to come!

@tommyruff3525 7 ай бұрын

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

@ThaBigBear 7 ай бұрын

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.

@user-bg6nz6nj7f 7 ай бұрын

Nice

@JG-zt3cg 4 ай бұрын

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.

@timbiddulph 7 ай бұрын

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

@PatrickWieland 7 ай бұрын

Glad you enjoyed it

@EDDYVR8 7 ай бұрын

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!!!

@PatrickWieland 7 ай бұрын

Yewww

@squeeze94400 7 ай бұрын

Nice vidéo Patrick

@PatrickWieland 7 ай бұрын

Thanks!

@user-ll7vc3ef7z 4 ай бұрын

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 KZfaqr per year/month and how much do you earn as traders per year/month: thank you once again for your time and dedication.

@Jc-bc3fy 7 ай бұрын

Pivots are king 😤

@PatrickWieland 7 ай бұрын

Truth

@21sunshower84 7 ай бұрын

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!

@PatrickWieland 7 ай бұрын

Glad it was helpful!

@kahillewalters1055 7 ай бұрын

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

@PatrickWieland 7 ай бұрын

Lol sweet

@buzzdanker2832 7 ай бұрын

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

@PatrickWieland 7 ай бұрын

Boom!

@TT-ih4be 7 ай бұрын

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

@goodjuju4531 7 ай бұрын

do you strictly trade NQ? thx

@wizdeasis9846 2 ай бұрын

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. 😃😀

@PatrickWieland 2 ай бұрын

Yes it will

@wizdeasis9846 2 ай бұрын

@@PatrickWieland thank you sir Patrick! ♥️😀

@Wizzy-funds 2 ай бұрын

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

@LIAM_FTO 7 ай бұрын

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

@KristinaEatz 7 ай бұрын

Are pivot points an automatic indicator on tradovate?

@ThatDudeTonyB 7 ай бұрын

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?

@EzraRye 2 ай бұрын

whats the pivot points indicator please? by whom?

@danvogon 7 ай бұрын

this comment is for the algorithem

@animecommunity4938 13 күн бұрын

whate are your scanning criteria

@gmoneytrader85 3 ай бұрын

LOOK FOR THE TRAP(liquidity runs) and reversals

@Derrick1981y 7 ай бұрын

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

@FutuerstradingLIve 7 ай бұрын

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

@silverfox401 7 ай бұрын

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

@skunkape5918 7 ай бұрын

💛🙏💪☕

@PatrickWieland 7 ай бұрын

👌

@donaldtr4587 7 ай бұрын

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

@inthezone2023 7 ай бұрын

😋😋

@bll823 7 ай бұрын

Walk over your trap own your trap

@GarciaDK 7 ай бұрын

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

@jakesbodyworks 2 ай бұрын

ITS A TRAP!!!!!