Feeling Confused About Trading Breakouts? WATCH THIS

  Рет қаралды 28,344

Michael Chin

Michael Chin

Күн бұрын

🎓 Trade with me: www.firesidetr...
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DISCLAIMER: These videos are for educational and entertainment purposes only. There are inherent risks associated with investing in securities and other financial instruments. Please carefully consider whether trading is suitable for you given your current circumstances, knowledge, and financial situation.
#DayTrading #FiresideTrading #MichaelChin

Пікірлер: 94
@evancortes5347
@evancortes5347 Жыл бұрын
The explaining is right on point execution with thought process is all we can ask for
@renatar2330
@renatar2330 Жыл бұрын
I'm so happy you are back!
@funnygames8272
@funnygames8272 Жыл бұрын
So happy to see you back ❤ we love you keep going. I really love your honesty
@RubenGarciaUSA
@RubenGarciaUSA Жыл бұрын
@MichaelChin What else you look when you are trading in another screen?…. Volume?.. NQ?…. Fang Stocks?…. Another time frame at the same time????
@deevog
@deevog Жыл бұрын
I dont know what is the role of 21 EMA if you only taking trades on pattern
@nicolastritto9304
@nicolastritto9304 Жыл бұрын
what time frame do you use?
@1traderjoe484
@1traderjoe484 Жыл бұрын
Michael where have you been for 3 years
@BreakoutHunter
@BreakoutHunter Жыл бұрын
Your concept of rushing traders works, whatever gives your mind momentum is happening mixed with confluences works. But in reality, it is price manipulation and liquidity grabs because institutions need liquidity to move their positions. So they sweep the distribution or consolidation phases to grab orders and then off it goes. Experienced traders can trade these sweeps, but new traders should wait for this phase to be over and then enter when it finally breaks out on the distribution or consolidation phase.
@Rhadoo89
@Rhadoo89 Жыл бұрын
Great video and explanations! You are one of the extremely few traders who actually place trades in their videos. Most of them just talk about how they "would" enter here and there, after seeing the chart for the whole day, while the whole point of trading is to find those entries in real time, not after the trading session is over. Even Al Brooks only has videos of specific charts situations, where he points out the possible entries, and of course that it's easy to do once you see the full picture.
@DivergenceTrading101
@DivergenceTrading101 Жыл бұрын
Mr Chin is trading on a sim lol... Why the right side is black? Where is the order window? Don't let these guys fool you!
@guitarman6398
@guitarman6398 Жыл бұрын
The false breakout was in a distribution phase, and it's a liquidity grab to move price. It will go down, come back, and then breakout. Supply and demand.
@dhallpro
@dhallpro Жыл бұрын
I appreciate Michael's NT setup videos. As for the rest, they just sound like a bunch of beginning trader babble. Volume is such a powerful indicator and I'm not seeing it anywhere in these videos.
@asankaamarasekara8539
@asankaamarasekara8539 18 сағат бұрын
Hi Michael, Trust you are well. Thank you for your valuable videos. I am interested using your S&P Mini scalping strategy on SPY. Please let me know your thoughts on how many points to place to take profit and stop loss, replicating your risk appetite . Thanks in advance. Best regards.
@edwardco7742
@edwardco7742 Жыл бұрын
came across you a week ago and Im glad I did
@dr.lenapro-life5785
@dr.lenapro-life5785 Жыл бұрын
Awesome show 🥰
@patpatchng4586
@patpatchng4586 Жыл бұрын
good learning. may i know which /what ema n time frame chart u use?
@husainkhota8724
@husainkhota8724 Жыл бұрын
Great Videos, Happy to see you again. Please can you make an updated video, on the platform and setup strategy that you are using. Thanks
@user-yz3ls6yu1r
@user-yz3ls6yu1r Жыл бұрын
Are you trading the us AM session?
@bluepine33
@bluepine33 Жыл бұрын
As you go through the video could you mention what time frame you are on, 1000t / 1600t / 3200t / 1 day 1 min. etc.. I like to follow along with my Think or Swim using similar aggregations.
@waveracerfx1
@waveracerfx1 9 ай бұрын
Great video, Thanks Just wondering, you must be trading the mini, not micro, , so for me at IB the cash and margin requirement is pretty high a trade is is I think around $22000?
@SexyRexyTrades
@SexyRexyTrades Жыл бұрын
thank you so much for this micheal , do you do a htf analysis before your trades?
@carley3235
@carley3235 Жыл бұрын
Michael, you are a great teacher. I have learned many different strategies from your trading. Thank you for sharing with us these lessons. Keep up the good work . Your an awesome trader.💯✝
@MichaelChin
@MichaelChin Жыл бұрын
Thank you for the kind words
@imeatingnemo4412
@imeatingnemo4412 Жыл бұрын
​@Michael Chin you are an amazing inspiration to me
@RubenGarciaUSA
@RubenGarciaUSA Жыл бұрын
@@MichaelChin @MichaelChin What else you look when you are trading in another screen?…. Volume?.. NQ?…. Fang Stocks?…. Another time frame at the same time????
@Yasmine-qd6nu
@Yasmine-qd6nu Жыл бұрын
Where do you get your news from for ES futures?
@YahmoCEO2023
@YahmoCEO2023 9 ай бұрын
Thank you for returning!!!
@notyou1760
@notyou1760 10 ай бұрын
Your videos are great. Your insight into the cause of patterns helped a lot. Who do you use as a broker?
@sxuttv
@sxuttv Жыл бұрын
Yo Michael, the last I saw you is when I walked away from trading 3 years ago. Now I am back trading the e-Mini and it's so great to see you! Are you still holding down the 9-to-5er?
@boonleeglobal
@boonleeglobal Жыл бұрын
Great lesson. May I know what Ema you are using and time frame for this video. Thank you
@Bookis21
@Bookis21 Ай бұрын
Do you still play a runner? If not why?
@karanbirkhanna705
@karanbirkhanna705 Жыл бұрын
Dear Chin pls make video for in order identify opening day trends. This
@brandonj3434
@brandonj3434 Жыл бұрын
Thank you for the clarity... very cool how you explain the story behind the candles ..
@bonaseraproductions1460
@bonaseraproductions1460 Жыл бұрын
Hey Mike, what if some people made the mistake of characterizing those two pullbacks as a bulltrend? What happens then? And how do you outweigh a bull trend with a bearish one like you did in this video? Thanks!!
@alvinclark1370
@alvinclark1370 Жыл бұрын
I thought I heard you mention 1 min chart in your recent previous video, unless I'm mistaken. Are you still using 2000 tick or what ? You have the edges of the screen cut off.
@delanorobinson7386
@delanorobinson7386 4 ай бұрын
What are the time frames that you used?
@Amit_anand622
@Amit_anand622 Жыл бұрын
Love from india bro.. tutorials r awesome for new trader's.. good job bro keep it up.. u deserver more
@TikiTak321
@TikiTak321 Жыл бұрын
Can you also include the price numbers on the side so we can tell how big are the bars?
@1900jrd
@1900jrd Жыл бұрын
You came back at the perfect time just started watching your tutorials from the beginning and am now finally getting profitable
@chocolatecoveredgummybears
@chocolatecoveredgummybears 10 ай бұрын
how are you doing now? tihnking about getting back into futures
@efrainlarios5951
@efrainlarios5951 Жыл бұрын
Where you been at ?
@gusbrahfernandez4125
@gusbrahfernandez4125 6 ай бұрын
What are the time frames you’re using?
@navketan1965
@navketan1965 Жыл бұрын
Sir, I trade 4H chart--so I have to trade in direction of daily chart( Price action higher high ,higher low on daily chart)--now if presently 4H prices are making lower high, lower low,I can not do any thing--only if 4H chart starts making higher high, higher low, I should be BUYER & this can be executed by looking for trend change on 1H chart EARLIER EXECUTION.Lower time frame build higher time frames--but higher time frames have much MORE DATA & MORE POWER/PLAYERS BEHIND THE MOVE(4H/1D trend is not going to flip on A dime)--I seek your wisdom.
@traderzzz123
@traderzzz123 Жыл бұрын
I'll save you time but trading like this won't get you anywhere. First problem is your using candlesticks. That's why 95% of traders fail. What you re doing is not an edge so why do so many traders fail. Think bout that
@user-lv5tj8or4w
@user-lv5tj8or4w Жыл бұрын
What time frame is best for trading.
@lowriskok
@lowriskok Жыл бұрын
Glad to see you back!
@codingmutant9066
@codingmutant9066 Жыл бұрын
when you stoped posting for 2 years, i thought you died. b/c your vid quality is amazing. no one will simply stope
@kw4900
@kw4900 Жыл бұрын
AMAZING F'ING CONTENT! I KNOW YOUR AN AMAZING TRADER!
@niro56
@niro56 Жыл бұрын
More than a thing or two! Thanks!
@sanjaydhawas933
@sanjaydhawas933 Жыл бұрын
sir timing of ema plz...
@pankajsharma456
@pankajsharma456 Жыл бұрын
Sir could tell the ema and chart time
@elviswilliams3393
@elviswilliams3393 Жыл бұрын
I love your video keep them coming
@user-vh1hn7pd3y
@user-vh1hn7pd3y Жыл бұрын
Hi there. Can I ask what tipe of platform do you use for trading? And another question 🙈😁,can I trade mini s&p 500 on ninjatrader from Europe?
@anmoltalwar2736
@anmoltalwar2736 Жыл бұрын
what is the EMA period you are using and time frame of your chart?
@jackypeyronnet6153
@jackypeyronnet6153 Жыл бұрын
21
@angelotst-vil2803
@angelotst-vil2803 Жыл бұрын
Do you trade with bots?
@balleveryday3047
@balleveryday3047 Жыл бұрын
Do you still use the 2 legged pullback?
@user-iq9ps8bd4h
@user-iq9ps8bd4h 11 ай бұрын
Thankyou sir ji
@shubhamkalambe-vg2kl
@shubhamkalambe-vg2kl Жыл бұрын
Sir what EMA you use
@FuturesAnalytica
@FuturesAnalytica Жыл бұрын
Hey you’re back!
@elvd7437
@elvd7437 Жыл бұрын
Michael, what format is your training for new enrollees to ES futures training?
@elvd7437
@elvd7437 Жыл бұрын
I have already purchased your futures training program and currently watching the videos.
@DysVeteran
@DysVeteran Жыл бұрын
U still scamin homie? Dang..
@ahmednasser9962
@ahmednasser9962 8 ай бұрын
How is he a scammer. Just came across his channel recently
@flexmasterscx1056
@flexmasterscx1056 Жыл бұрын
What time frame chart is that?
@imeatingnemo4412
@imeatingnemo4412 Жыл бұрын
almost certain 2000 ticks
@rombusworkmoney22
@rombusworkmoney22 Жыл бұрын
16:36 "... fade this low..." Michael, what did you mean by "fade"?
@josepholstad415
@josepholstad415 7 ай бұрын
It's means go the opposite direction. For example, if there is a breakout short, one may chose to "fade" the breakout and go long.
@makwana01
@makwana01 Жыл бұрын
the trade room
@Moviegobbler
@Moviegobbler Жыл бұрын
holy smokes your good!
@sbalaga
@sbalaga Жыл бұрын
Is this the 21 day moving average? If so can create another tutorial video on your charting setups or possibly reply to this comment by saying your using the same tools that you used in your tutorial 3 years ago? Thanks.
@rombusworkmoney22
@rombusworkmoney22 Жыл бұрын
Srikanth, do you really think that it's possible to scalp using an X *DAY* moving average?
@edwardco7742
@edwardco7742 Жыл бұрын
Hey Michael what time frame do you use for analysis, overall structure, and entries?
@edwardco7742
@edwardco7742 Жыл бұрын
what ema do you use? and can i use it on options trading too?
@imeatingnemo4412
@imeatingnemo4412 Жыл бұрын
​@edward co I'm pretty sure he uses the 2000 tick chart and 21 ema
@edwardco7742
@edwardco7742 Жыл бұрын
@@imeatingnemo4412 whats a 2000 tick chart?
@roberthamlin6638
@roberthamlin6638 Жыл бұрын
@@edwardco7742 it’s a chart based on actual trades instead of time based. It’s on the ninja trader platform.
@aviee
@aviee Жыл бұрын
Is this a tick chart?
@traderboi2662
@traderboi2662 Жыл бұрын
2000 tick
@alvinclark1370
@alvinclark1370 Жыл бұрын
I found it. 1 min and 21 ema
@ashdailyx1292
@ashdailyx1292 Жыл бұрын
where did you find it?
@kkp4297
@kkp4297 Жыл бұрын
can you post some losing trades so we can study pitfalls too
@PhilChan22
@PhilChan22 Жыл бұрын
dude is trying to sell his material and course. He's not gonna post any losing trades. Thomas wade is better imo.
@urielcohen7273
@urielcohen7273 Жыл бұрын
😀❤💐 Thank You!
@DarkerChoclate
@DarkerChoclate Жыл бұрын
Bro came back stronger. Bagging $800 in a single trade and no expression??? Damn keep it up man
@macgrapmusic6883
@macgrapmusic6883 Жыл бұрын
why do you look ai generated
@cslmasti4105
@cslmasti4105 Жыл бұрын
Mayank army bro
@roadviews499
@roadviews499 Жыл бұрын
I am your big big fan india sir❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤😊
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