I know you're talking about forex but this is gold
@swordothemorning4 жыл бұрын
That was punny
@theacademyofforex4 жыл бұрын
The knowledge he imparts is priceless
@yungrager63353 жыл бұрын
Nice
@treztrez86602 жыл бұрын
I totally agreed
@odayzakarna19934 жыл бұрын
impressive,i always knew this and thought that not a lot of traders realizes that "buy low ,sell high" is total garbage , the real method is , buy on higher low for up trend , and sell on lower high on down trend .
@mrmagicdragneel68574 жыл бұрын
I’m just starting to trade forex, I wanted to for years and I didn’t want to pay because I thought it was a silly thing to do. In Jan I paid and joined a forex trading team and lost almost $900 and now I find this and it’s teaching me more than anything the group could have told me
@fekasng20106 жыл бұрын
full one day bootcamp that could cost me a fortune is free ...I can't thank you a lot.may God guide and protect you ...
@PhilippeOrlando4 жыл бұрын
Yeah, because all what God wants is you make money, right?
@lifeisbeautiful73613 жыл бұрын
@@PhilippeOrlando shut up boomer
@Yvonne_Jentsch3 жыл бұрын
Al Brooks said: Most reversals in a trend fail. He said 80% of the reversals fail! He repeats this again and again and again so that we never forget ;-))) Thanks for your VERY good videos. Much appreciated.
@GregEdma6 жыл бұрын
i haven’t binged watched a youtube channel/podcast and blog...at the same time...until now....#mindblown...this is by far the best christmas gift i’ve ever given myself...VPtheGOAT. grateful for you sir
@richardchikonzo1564 жыл бұрын
Gregory Edma yeah man wowed 😳 he is awesome 👏🏽
@elleybee70814 жыл бұрын
VP is king!
@theacademyofforex4 жыл бұрын
I put on his videos and just let them play. Absolutely great content
@Viewer131284 жыл бұрын
Update plz. How have u been doing after binge watching and rewatching his videos?
@fishertheadore60953 жыл бұрын
He's a HuMan not a Goat.
@alexissanramon86576 жыл бұрын
Big banks trying to mask the like here. I cannot believe I am the only 1 who like this.
@forexpivots74316 жыл бұрын
The video has settings.
@_hydro_21125 жыл бұрын
@@forexpivots7431 it's a joke janny
@gregs1245 Жыл бұрын
Just discovered this a few days ago and I've been watching both your core concepts, and your money management lists nonstop
@stuartwonghinweng5 жыл бұрын
VP, my heartfelt thanks for this video. i have no idea on why the candlestick reversal patterns work some of the time and don't work most of the time, and i have been working tirelessly to find out how to avoid the false reversal signals. I have been thinking and searching for a way to stay out of the false signals. Listening to this video for the fist time gave me the insight and knowledge on the why, the big bank why. Thanks again. Now, i follow your word - being a trend trader. Watching and listening to the same video by your goodself more than once help me to see the workings of a forex trader - learning how to swim with the sharky big banks and stay alive and reap good rewards in forex trading. Yes, i want to say "Thank you."
@plaineblaine27574 жыл бұрын
I don’t think I’ve ever subscribed to a channel faster. This was incredible.
@KatKall31074 жыл бұрын
OMG.... stumbled on this channel when I was desperately looking for a money management / risk management video, because I'm tired of losing money. And watching this video makes me feel like when I discovered Robert Kiyosaki over 20 years ago and hearing the "go to school, get got grades, get a good job" was really bad advice. Thank God I'm only 7 months or so into trading, and not 20 years, so I still have time to unlearn, relearn and get out of the 99%. Thank you so so much!!
@juanchooski68825 жыл бұрын
VP, my friend recently started talking to me about FOREX trading and I was intrigued immediately. He was telling me about a friend who was having a class for $150 and I thought well I want to learn a little myself before putting $150 to something I may actually not like or understand. So I began searching for podcasts and stumbled across a few without it really grasping me. Then I saw yours and I was instantly hooked! Not only have I been binging on the podcast, I’ve also started binging videos. Thanks VP because I know with your guidance and Tips I can have the upper hand on people who don’t listen to you.
@planttrees795 жыл бұрын
Been watching almost all your videos. I learned how to trade on KZbin and learn “how to trade” they’re all pretty much reversals. 2 years into learning I feel like I have to start learning from the beginning. I wish you would do a simple tutorial how to trend trade. Thank you.
@chrisjlee20134 жыл бұрын
planttrees Plot twist, these “How to trade” KZbinrs are just trying to fuel themselves by putting the majority on reversals while they will remain in the minority, doing the opposite of their teachings. Fuck I feel like this guy dropped acid while trading and had the connected the dots during the trip
@bradleyt6 жыл бұрын
The last time I binged on several videos in one night was when Breaking Bad was released on Netflix.....doing it again now with No Nonsense Forex videos!! Lol Thank you VP for all the knowledge you are sharing. Lives will be changed for the better as a result. 👊🏻🏆👍
@asguaki6 жыл бұрын
Though I was the only one. lol.. There's a movie coming up but apparently more focused on Pinkman.
@johnreyotordos15533 жыл бұрын
SAME HERE HAHAHA BREAKING BAD GES
@asguaki6 жыл бұрын
Feeling enlightened after feeling like giving up.. Great one!
@quantum-q8j5 жыл бұрын
Just joined the rehab program... VP you are the truth my man...!!!!
@r68546 жыл бұрын
I have been binge watching your videos and realize I have been successful in spite of myself, using really common indicators, etc.. You have hit the nail on the head. One of the worst things that can happen to a man is winning a big bet early in life.
@SSEnrich4 жыл бұрын
Agree about that advice. The thing is noone knows where low is before afterwards. Buy high, sell high. No problem.
@chinadreamers84216 жыл бұрын
I'm really interested in hearing your ideas for indicators for trend trading. As someone just trying to build the knowledge base to start out, I wouldn't even know where to start past the indicators everyone always recommends. I hope you'll have some videos in the future that get into the specifics of this because I've really enjoyed some of our grand concept videos thus far.
@dannybhoy27394 жыл бұрын
Technique thats worked for me consistently is trading divergence. Just find the right entry.
@pandacore96364 жыл бұрын
"lol jk we are going to go higher" That got me lol. Love your videos so much man. Keep keeping it real and Gl to everyone who watch this info. Your on the right path!
@VilkasDe6 жыл бұрын
I am impressed wit the information you provide! Thanks and Please do not stop doing what you do :D
@JamesVornesJr6 жыл бұрын
This video has become my wake-up call.
@rishz78573 жыл бұрын
This is the first series of videos I've ever watched fully. About the 5th time through the series & it was nearly 3 years ago I started. Reminders, tidbits & nuances picked up.
@marksw54996 жыл бұрын
Great advice, and I think this is crucial. Forex can go up or down like crazy, going through all support resistance. In my experience, this is the number 1 way how people blow their accounts. I also learned the hard way.
@BigMrToe6 жыл бұрын
Thank for the vid. Ive just recently discovered your channel and subscribed a couple of days ago. I think it’s nothing short of awesome for you to take the time to post these videos in an effort to help us noobs. You are much appreciated. I am definitely a trend trader and reverse trend line breaks
@danstone36736 жыл бұрын
This video bears significant weight. Most traders (me included) spent obscene amounts of time learning how to trade - reversals - because , well, that's the way we're taught and many of the indicators out there are designed to try and call tops/bottoms. For realz...it's a losing battle. Sure, you may get lucky once in awhile...but in the long run - your account is gonna get killed and you'll suffer financially and emotionally for it (been there). There's nothing like staring at a chart with pivot points, fibonacci and support/resistance levels, and whatever else you can dig up to give you a Denny's menu amount of choices to figure out where price is going to. If you don't choose wisely, you'll most likely get stopped out because it never hit your target - especially on a fast chart. Keep it simple (and logical)...abandon the fodder elsewhere and stick around here. Just say'in...
@gusschmidt61984 жыл бұрын
Best forex trading channel. Period. My trading has vastly improved watching no non sense.
@roseferreira19865 жыл бұрын
I have one very simple question: if the banks can do whatever they want with the prices and this is what drives the market, how can your indicators possible work? Can they penetrate in the head of these big boys? I see some contracdition here... And if there is one single indicator in the world that can do it, RSI and all the ”crap” indicators out there may well be able to perform a little better than you claim...
@jeremikossak95535 жыл бұрын
It's a pure pleasure to listen and watch your material. Not mentioning, learning curve.
@vidsurf886 жыл бұрын
Just watched some of the videos and especially liked the one about Big Banks. Glad I found your channel! Thank you for your time and effort!
@Mr_natenut4 жыл бұрын
Trend trading is King, i did the math on demo forward test and live trading. Trading with the trends easily swallows up any losses accured over time compared to other methods of trading. Thank you Mr Vp for sharing your wisdom. This is Just another confirmation that what you did buy giving up your regular day job for this was worth testing all those indicators and countless hours testing to make your structure testing it and using it and also kindly giving us what u learned over time. You just made it possible for a guy who couldn't get a job to actually make money nononsense method but on a lower time chart. Earn while i learn to trade on daychart. You said it "if some is good more is better. Indices, oil, metals, cryptocurrency better watch out. I have a rake and wheel barrow, i dont mind milking the market over time consistently of that dough. I have the time and patience thanks in Part to your kindness. God bless your brother from another mother
@bobbymartin1764 жыл бұрын
Can u perhaps tell me what trend line strategy u use cause I'm struggling to find one
@Vagdinox Жыл бұрын
@@bobbymartin176Shut Up you
@fatmonkey78526 жыл бұрын
this guy is the shiiittt! OMG im so happy.. I just cant stop listening to him! he doesnt know it yet but he is my mentor! ill do my homeworks and will jump in..i will pay it forward! free infos!? im not use to that! wow!! what a blessing THANK YOU VP!
@richg72644 жыл бұрын
update?
@kaanabee8134 жыл бұрын
How did it go?
@keto5384 жыл бұрын
@@kaanabee813 She prolly gave up
@sincerelysurfing97072 жыл бұрын
Sounds like trolling ijbh
@dotamovie10334 жыл бұрын
Noted. no reversal but only trend trading. thank you sir.
@Red123Road6 жыл бұрын
the least I can do, is to like and comment on your videos! I have been trading for 15 years and from I start to follow you, I have increase in my wins with over 40%. So THANX!!!
@willhernandez67535 жыл бұрын
Wow amazing information for me who's been learning for the past 6 months, thank you brother.
@dougcharles68454 жыл бұрын
Keep the vids rollin. Thank you VP!!
@mglinetradelogisticsolutio4670 Жыл бұрын
VP Hi, I know your web few years ago. trade different with lost in total. now I decided to follow all your you tube videos 1 by 1 from the beginning, even it will take few months. including exercises on demo account, then after with real money account. in the meanwhile I'll keep my questions (if any) coz I know they will be mentioned later. Thanks for your strong efforts to share your professional experience for free.
@ibdmantoo6 жыл бұрын
I question that the central banks sole purpose is to go after the forex retail market since it only comprises of a quarter of the market. We have no influence on forex; we just go along for the ride. The other issue is geopolitical economics. A country may want to lower their currency evaluations to stimulate their own economy. VP says some good things but many experienced traders say the same thing-go with the trend.
@theforexcodes81336 жыл бұрын
The trend is your friend until it ends...?
@dailydose55522 жыл бұрын
To be a pro you should be able to trade both comfortably but comes with years of practice
@maharper115 жыл бұрын
New to Nononsense Forex but man I love the content, I'm learning so much as a beginner.
@MemerDad4 жыл бұрын
Thank you so much for all the free content you produce VP.
@hivauz6 жыл бұрын
i heard similar vision: trader from singapore with 20 y of experience told that following the trend is better than all other things.
@gabrielprelaz12904 жыл бұрын
I think you are one of the best and realest mentors out here. Nice Job! Keep Going!
@Rockstarfxx5 жыл бұрын
Smart reversal traders don`t enter on the trending market , if you analyse the chart a smart reversal , trader would have entered two times or three times , supported by the structures , great information thou.....i love your attitude you are a true liberator
@alan291096 жыл бұрын
very different from everything i have been watching. great work. really looking forward to seeing how you plan trades with entries etc.
@animeeedaisukiii44524 жыл бұрын
Wow. Started watching from the oldest videos. Every video is worth to watch and finish until the end. I never got so inspired like this. Alright more to go!!! Binged watching Podcast episodes in here because I listen to them in Podcast, especially in the night, few hours before bedtime as it is my perfect time to focus without any distractions. ✌🏻☺️🤗
@gregparman-sibley62775 жыл бұрын
Thank goodness. Found something I did right when trading a live account Yayyy. Was taught Don't Buck The Trend. It was getting all the other stuff wrong that did me in and never even got around to learning about reversals and how to spot them
@nunosilvestre31976 жыл бұрын
Interesting how you take net-long and net-short and say "this is dumb money" and "this is smart money". So easy to do that when the dynamics is gone. What is more surprising is say "this is big banks". Of course, it could be. But then again it could be not.
@elwoodpalmer76222 жыл бұрын
just look at any broker worlwide take the eur/usd and watch if it is trend day the amount of counter position during that specific day , if it's bullish trend for the day you will get up to 80% short (usually in the range of 65-75) , and if it is bearish trend for the day you will get the same 65-75% long, days in days out , every single time all year long
@BradyVaughn Жыл бұрын
Your channel is pure gold! Thank you for this massive service!!
@whywhywhy194 жыл бұрын
ive started trading forex for about a month and im honestly so fucking thankful im learning this now rather than later
@ijeomaeze99373 жыл бұрын
How is journey now
@wondernexus3d4824 жыл бұрын
My question is this: If 99% of the market consists of the big banks, is it not right to say they are actually in competition with each other? And not really the small traders? Or are the banks all in league with each other? Do they communicate with each other and perhaps set common price goals?
@PoW_22-AME_Gaming3 жыл бұрын
Of course they fucking talk come on. It's legal wash trading. It's all up to them
@tebogochirwa6495 жыл бұрын
Hey V.P, am from South African and your vids have totally changed my thinking in terms of trading, is it possible that you can do a part 2 on the video of "Big Banks" and how they trick retail traders into losing their money.
@richcook1094 жыл бұрын
VP for President 🤘🏻
@theflangdude3 жыл бұрын
you are blowing my mind, its like everything all the gurus been saying is wrong.
@amaze2n6 жыл бұрын
Hey man, I'm completely new to forex trading, and I'm hoping you can instill good practices and beliefs into this blank book. The first 4 trades I made, I blew out significant money, so I am taking a step back to prepare myself as much as possible. Your videos are an extremely interesting resource. Thanks
@gerryschacher76546 жыл бұрын
This is so interesting, I cannot stop watching it
@Merri_IZ4 жыл бұрын
it is so good when there are some stock trading advice and comparing with Forex in your videos . And thanks for these huge amount of free information which you give us.I'm a stock student from Iran.
@bozosmith35064 жыл бұрын
What you are saying is not fully true. How do you know if a trend is near its end? When do you exit? Knowing when to enter and when to exit requires to have an idea of the reversals. Both methods are not that much different, it is just the question of deciding how close to the reversals you try to go. I don't see why both approaches could not be complementary.
@dwablake5 жыл бұрын
Pawn takes king💪💪👏👏 love it. Great channel
@MrMike14515 жыл бұрын
Love the info so far. Thank you VP
@wanderer732876 жыл бұрын
I'm loving these videos mate. I've always thought the whole market was rigged (or at least completely random) and that all the stuff that EVERYONE teaches is just bullshit. A couple weeks ago I made contact with someone who showed me the light and confirmed to me what I was thinking. Now I find your vids giving me the same confirmation. Thanks mate, I'll go through every one of these and hopefully get to my goal of being a prop trader. BIG thumbs up!
@theforexcodes81336 жыл бұрын
Of course its rigged its just a matter of realising it and winning anyway. Trend trading has to be king.😏
@ericchancellor94354 жыл бұрын
You just explained that banks will go in the opposite direction as traders, whether it's reversal or trending, yet you choose to bet on the Trend rather than the Reversal. So what's the point. If you go with the Trend then you still loose. I don't get the logic behind going with the Trend vs. the Reversal.
@louwa98675 жыл бұрын
One big problem I am facing with this trend trading thing is roll, or overnight fees. They are KILLING my profits. Maybe prop firms don't have this issue but to us normal blokes this is a serious concern.....
@JustoShowCartoons5 жыл бұрын
This happend to EurAud shorts a couple of weeks ago. I kept telling my peers to stop shorting and they lost every time.
@cazkeymekam64275 жыл бұрын
Honestly the concept of reversals never made sense to me. Sure catching every possible pip in a new trend is nice but it happens so rarely. I've always been more prone grabbing a sliver of a trend rather than fight it. I guess I should have answered that in the previous video but my worst habit is probably exiting early in fear of a trend reversal.....just because the idea of instant reversals has been drilled into my head.
@michaels42555 жыл бұрын
Is not an alternative interpretation of the IG client sentiment graphs simply that lots of traders are trying to pick tops and bottoms but are doing a bad job of it? Would that not give you the same chart? Or do you believe that top and bottom pickers could not possibly be that bad at foretelling the future unless bigger players were gaming them?
@SasanFX16 жыл бұрын
Awsome video, Thanks
@allensilveria96144 жыл бұрын
Now I understand why you have a baseline, to confirm where the trend will be going
@rudiannandale35296 жыл бұрын
VP...This is really MIND Changing..
@msj54334 жыл бұрын
Tqvm for the great video. Yes trend trading is of more profitable than reversal trading. I m just looking for indicators for trend reversal to reduce loss.
@ashleyproctor50496 жыл бұрын
I admit it, I'm a nasty day trader. I love divergence, banks are pushing and I'm giggling hahaha. Getting so much value out of your vids mate. Keep it up. Can't wait till you don't revel everything. I love the zero cross indicator. Can't find the two line cross yet but not giving up any hints?
@PoW_22-AME_Gaming3 жыл бұрын
And how did divergence work for you
@theacademyofforex4 жыл бұрын
It is a shame because I have tested countless indicators and found many reversal indicators that "work" but just the fact that your profits are capped make those indicators virtually useless.
@doctormoobbc2 жыл бұрын
Go on /r/forex any time in the past month and you have post after post of people saying "JPY pairs are SO OVERBOUGHT. SHORT THEM! This is crazy". Then the next day you have loss porn of people trying to rationalise "How did it go higher? It is at a crazy level it needs to go down soon!" Meanwhile, I am looking at JPY pairs and seeing excellent opportunities to buy. Trend trading is so simple, yet almost nobody does it.
@archravenineteenseventeen Жыл бұрын
One reason: they want fast results. I assume most traders are 9-5 job workers who wanted to get out/had enough of it and wanted to replace it with forex/stocks etc. trading. I can understand them
@mikescarborough91964 жыл бұрын
I'm starting to think online retail forex trading was created as a liquidity source for large banks.
@Muhzyy175 жыл бұрын
Watched about 20 of your videos in the past week, you really are the GOAT for all of this knowledge. Thank you x1000 --- Phenomenal. If you are just getting started on this channel, I advise you to keep stacking your knowledge because this guy is one of the very few out there that knows what he is talking about. It might be the best source for Forex Education on the whole internet. Bold but true
@Nina-rp8df2 жыл бұрын
wtf is all i have to say...this is incredible. I can't thank you enough for your wanting to lend a hand (sometimes that's all we need). A HUGE hug from Miami.
@VotreCauchemar4 жыл бұрын
It was so evident, Daily FX stopped plotting long/short trends overlapped on the main bars chart :c
@palimul6515 жыл бұрын
Maraming Salamat from 🇵🇭
@juztjules48834 жыл бұрын
I appreciate your work, Sir. Thanks VP
@sachinchauhan35633 жыл бұрын
It seems shocking, more than 165K people viewed this video, and there are not even 1% likes on this great content.
@sachinchauhan35633 жыл бұрын
Acknowledgement from you means a lot. Chief, I'm a huge fan of your content.
@realwillbaker2 жыл бұрын
How do you follow the trend? Do you based it off the 200Ema or the 50Ema or when your indicators tells you to sell or buy
@gabrielascensotomas2 жыл бұрын
On the platform I use (xtb) there's a place you can see in percentage how much people is selling and buying. but you can search on the internet there must be websites showing you that.
@tonykikker3134 жыл бұрын
Is it just me or is this guy really funny, I lowkey just be cracking up
@kwamenaplays58994 ай бұрын
Learning so much from this channel
@KingJT803 жыл бұрын
Yeah that happened to me back in 2010 had a small 1200 account and turned into 4500 cathing reversals in a few weeks Then the market crashed downard and that account turned into 600 lol I took my money out and licked my wounds Been on and off on demo for a long time obviously but it's nice to hear someone who has the same mindset. I always come back to Forex every 3 to 4 years maybe this time will be the time I don't give up and actually make it work the way I know I can Almost there with trend trading
@dee23gaming Жыл бұрын
That's not reversal's fault. You were just on the wrong end of a crash. It could have gone the other way, and your words in your comment would have been the opposite.
@RiChKidsinThaHood5 жыл бұрын
There’s a diff way to use rsi though. Don’t use it as overbought/oversold. Use it as a breakout indication... to identify trend . ☝️
@Gallant674Ай бұрын
I'm not gonna give you a thumbs up... I'm gonna give you 2 thumbs up and a tight hug..thank you so much
@dariusluci8902 Жыл бұрын
Man your knowledge is intense
@mercury78315 жыл бұрын
Hi VP what indicator is that you are showing to us as example chart for USDD/JPY ? 11:48 of the video?
@marekmak2834 жыл бұрын
this is not indicator omg. its the sentiment from the broker about where was traders (long short) and where was the price in this moment.
@afonsosalbrecht4 жыл бұрын
The first time I traded, I was able to pick the VERY VERY bottom, but then I went short!!!
@Bazroshan5 жыл бұрын
I have never used stochastics nor CCI as predictors of tops and bottoms.
@sureyyacook71945 жыл бұрын
I don't just like the message you share I love it so it is a hell yeah I love it, now everything makes sense, thanks to you. I will do everything you teach because I believe in it. thank you soooo much
@NoNonsenseForex5 жыл бұрын
Check out the Beginners video -- it shows you how to best navigate the channel. Enjoy the ride!
@zacchaeusisrael34666 жыл бұрын
You’re the only youtuber speaking the truth you’re the only way it seems the big banks did something bad to you and you’re out for revenge 😂😂😂
@lifeisbeautiful73613 жыл бұрын
take the fuck offf
@izzyrov58143 жыл бұрын
Thank you for sharing so much valuable info. I'm glad I belong to the trend trader group :)
@rubo19644 жыл бұрын
Average trend trader accumulates between 15-20% drawdown because of swings.Big bank have deep pockets and they can withstand it but retail trader can't unless you want to get stopped out repeatedly even trading trends.I am full time trader.The way to beat is reduce lot sizes and increase stop loss so you can withstand 30-60 pip spikes.
@dee23gaming Жыл бұрын
Yep. Even the once famous David Paul said that trend following traders lose a lot of money before they make money. You can't predict the end of a pullback. He unfortunately passed away.
@royberni26305 жыл бұрын
if thats the real interpretation of that site the client sentiment then i dont have a problem believing, but the question is that most of the big banks are on hedge position is;nt it?
@adamnonnenmacher27485 жыл бұрын
Could we theoretically use the reversal tools and take the contrarian position which would put us in the minority position which would tilt the odds of the trade winning in our favor? Lol
@NoNonsenseForex5 жыл бұрын
Nope, can't even do that......except the Williams %R. Check that video out.
@valerivalov71305 жыл бұрын
VP: There is nobody else but the big banks, they are pretty much 99% of what drives the prices. The 1%: Are we a joke to you ?
@openworld95044 жыл бұрын
5:13 for anyone who is for the first time here..cuz i m going back he just told two things most of the traders dont know about😅 in 5 mins.