How to AVOID False Breakouts (Use This Technical Indicator)

[@DaytradeWarrior]

DOWNLOAD the Complete Micro Pullback Strategy PDF here 🍏 warrior.app/mini-lesson-download

[@infinitelyllc]

Thank you and sorry for being a pita. 🩵

[@419-m9u]

Thank you Ross. Thank you 🙏

[@theanimal5862]

I've only been trading a month. And I had my biggest day thanks to you Ross. I can't tell you how thankful I am for you free knowledge on here. It really is enough for people with an aptitude for these sort of things. I got $246 on $VVPR today. It was in a simulator but I'm still proud of myself. There's no other KZbinr like you. Most of them are reading from a script.

[@theanimal5862]

I will definitely be joining your pro warrior program in the near future.

[@infinitelyllc]

❤

[@MrRunner42k]

❤ Indeed, as a beginner trader myself, the best thing for me was to get Ross book,"how to day trade"... ty

[@rapidaniel]

good stuff man, what was your positions looking like? I attempted to trade and had the charts well wrote and missed the bounces and only lost £5 from a stop loss being triggered

[@mitchbrannon3418]

His knowledge and explanation of intraday price action is s tier

[@imstillbreathing]

I absolutely love how frequently you upload, you're really carrying my day trading education binge. Also thank you for creating day trade dash, such an incredible platform

[@Milen983]

I absolutely love your videos. Very different from all those other videos about candles and price actions that eventually you realize don’t have any real information in them. You are so real and the explanations you give for real situations are so helpful that I cannot thank you enough for these videos. I check your new videos every day to learn something new.

[@vegansynths7757]

My goodness. This education is priceless. I can't thank you enough for sharing your knowledge.

[@ouhike2]

Yup! I got smoked on that today .... Thank you for the info!

[@rickyjennings8627]

Yep the MACD and increase of red vol candles larger than the green.

[@trevorm3181]

I just bought the $19 demo course and fell victim to this exact pullback yesterday. Thanks for making this video on it.

[@sizzler1025]

did you make any money using the program? would/did you take the full subscription now?

[@CryptoCoin02]

Thanks for breaking down the psychology behind false breakouts. Understanding how market makers and high-frequency trading algorithms operate during these moments is game-changing. Your experience shines through in your analysis!

[@kentwist8533]

Thank you Ross, I haven't seen such huge rejection candles like I've been seeing lately. This explanation video is both timely and very reassuring. I am still only trading with small share size in my real account but my confidence as a trader has been getting stronger each day. Almost 80 percent conversion rate on my trades, thanks to you! I was in the simulator when I got absolutely destroyed in a VVPR false breakout. What a great lesson learned! I even warned the guys in the scanner chat room about a potential knife, and yet I still took the bate and loss $1900.00 in less than one second! You're truly the best teacher Ross! Thank you for changing my life!

[@sebastianromanowski3087]

Every time i watch one of your videos i learn something new, thank you Ross.

[@erikjohnson9335]

Hey Ross, your case studies have been absolutely amazing! I have been testing the waters in the market and when I don't understand what happened during a trade I come to your channel. Many thanks!!!

[@ZaydusSun]

I have been watching for about 2 1/2 months and I feel very confident in all of your teachings and disciplines. My next step is to get the Simulator. I'm definitely going to subscribe fully to warrior trading. Thank you for potentially helping me change for the better.

[@alphonsobrown9790]

Yea I started using the macd, 9ema ,20 ema and the 200ema about 2 months ago and they saved me so much money and even better they made me such a better trader . Just wish I was using these last year but you live and you learn.

[@ezJavaMan]

This video is golden. Deserved to watch 10x

[@jamesp206]

Excellent Ross. Aside from psychology, understanding liquidity and the mechanics behind it is the most important part of trading IMO. This does a great job of explaining it.

[@tmau51]

Wow I Finally found a youtube trader who speakes in reality, instead or workng off historical charts making up comentary about hypothetical trades! I'll be following for more

[@DiegoRodriguez-tu1tr]

Thanks for helping us Ross.

[@Kmike54]

Thanks Ross. I played this exact stock and move up on initial move and had several winning trades. I’ve learned everything from you. Still a beginner after 2 years of studying but getting there. Thank you

[@jth.FoffFatty]

Great teacher, not taking or member to any of your classes but, thank you for the free videos and education. I had my biggest day this morning, $4k real profit, by taking profit. I left a lot, a lot on the table but I took profit.

[@berges104]

I woke up before 6am mountain time. As I have not seen what happens with the sort of news VVPR had this morning, I held off to watch today and learn. It was about $5.5 and when I came back it was over $8. I am pretty sure I would have stayed to that point and tapped out before it took a turn down from $8.4. Would have missed the rest of the climb but hey, 200 shares with $2.5 climb would make my day lol

[@FinancialFreebo]

In line with this same teaching... I have noticed that 90-100% of the time when, out of nowhere in a runner, the biggest candle is red, it is a major BAD omen. This is true at least in the short-run. It is a major momentum breaker...

[@aarongretz4335]

Ross, I appreciate you. Your explanations are always consistent as well as you strategy explanations. You give a deeper dive into how the markets work better than anyone on KZbin. Thanks for what you do

[@KevinZurek-e7c]

Thank you. I've been needing this.

[@grltrader]

This like many others was a wonderful lesson!! Thank you sir. ❤

[@nickg1895]

Ross, your videos are amazing! I just watched most of your video on the only stock chart pattern that you need to know and it was such a great informational video! I had no idea how naïve I was being on the candles, and how exactly they worked. Thank you!

[@brettsmith8220]

Literally went in the red due to too false breakouts! Thanks for the vid.

[@quackenbushart]

Ross, I am so grateful for your continued knowledge and insight. This really hit home as I have been caught in a number of these. Your explanation of the “why” the stock moves higher so quickly due to the market makers removing their shares and reducing supply makes so much sense. Loved your Warrior Pro class but I still have a ton to learn. Thank you!

[@tommieclay3983]

tHANKS FOR ANOTHER GREAT LESSON......tEACH MORE ON THE GREEKS ANS HOW TO PROPERLY FILL OUT A STOCK ORDER FORM.

[@419-m9u]

I never thought I was going to use the macd. But with me adopting your trading criteria and strategy. It’s a MUST!

[@DmytroMinchenko]

+1 checkpoint in my strategy thanks to you, Ross! Many thanks indeed!

[@Tonyous]

Thanks for the great information. I'm just getting serious about trading and you have been a fountain of knowledge.

[@surfsunsand]

The past few weeks you have been posting great videos

[@stevenstrother672]

Thank you so much for your wonderful content! Keep doing what you do and helping people learn to break free from the 9 to 5!

[@hydronaught5]

This made my day! Invaluable information. I'm learning so much from you.

[@user_abcxyzz]

To avoid the false breakout, Wouldnt you want to see a conformation candle close above the resistance before you buy in...thats what i was taught

[@williedavirtualflipper]

Awesome video Professor Ross‼️

[@livetradejournal]

Thanks ross for everything you do

[@sohailhines]

Fantastic and educational video. To me this is a case that shows the limitations of technical analysis. MACD and volume profiles are definitely important indicators to help identify divergences but technical analysis can never predict when a big buyer will hit the sell button. If you look at the price action, it's forming a perfect cup and handle with each retest getting closer to breaking out. I'd guess that 70% or more traders would take that trade.

[@4Enigmax]

Warm greetings from Austria! I've watched many of your videos, great content! Even though I've been in trading for four years, there were things I could learn from you. Thank you, just keep it up, you're doing a fantastic job!

[@phquanta]

It is brilliant. Too much tapping the resistance is also confirmed by SMB capital traders. Another thing, puzzled me was that - 'how small-volume - large candle' (which is anomaly) is formed. I think you've explained it brilliantly, just when whales remove their orders from the order book.

[@thereallyricist]

Thank you Ross! Your tips are spot on. Appreciate you and all that you do to help us 🙏🏼

[@Satilena]

How good timing. This video describes the SPY price action exactly today 2024 April 3. Thank you for the insights!

[@deutsch-7946]

Great lesson! Have saved this video for a future rewatch. Thanks!!

[@madmessm1845]

excellent recap ! Very comprehensive - experiencing exactly the same triggers but my cave brain still often leaves me in the trade just before the jacknife :D

[@annawells4931]

This is one of your most helpful videos😊

[@cedriccaunan434]

Thats a beautiful daytona you got there Ross.

[@chrisn5079]

At roughly 25:00 minutes in this video.. Those ascending triangles can be tricky. A lot of traders expect that break through resistance and usually get it. However, you have to watch the tape.

[@justintindall9515]

Hey Ross, thanks for insights. Just want to ask if you use hard stops or mental ones? I've been trading since "82" sometimes sparingly and other times more aggressively. Listening to you has made me realize that at so many junctures I should have started making moves more on what was happening before my eyes on the charts than going with a hold and build a bigger position.

[@Joeblow49]

My account just went from a small account to a large account now in 2024 my best year in the past 3 this has been sweet I will be going back to a small account challenge in May back down to around 500 to rebuild it again

[@nikolazagorac8237]

Excellent explanation, thank you Ross.

[@charliemcgrain]

Really appreciated. many thanks, Ross. Excellent advice as usual. Please keep it coming.

[@JimWoodruff-n8s]

Like watching you trade love your honesty

[@nidmaa3288]

I I have followed many traders but you are the best Ross

[@Propofol_official]

I watched that massive dump in real time! It was 100% predictable and I was kinda laughing and sad at the same time for people who got suckered into it.

[@FastSloW-qt8xf]

Did you go short

[@Propofol_official]

@@FastSloW-qt8xf I was not in a position at the time. I was just watching

[@ChaseTheMoments]

Excellent video - thanks Ross.

[@ivanbradshaw3322]

Brilliant class. Thanks.

[@abigailbrowning9502]

Thank you for this video! Very valuable.

[@slydon75]

Thank you soooooo much for this lesson!

[@miketrinidad2276]

Wow.... you are an excellent teacher

[@419-m9u]

Can you please whenever you have time. Do a macD video on how to use it. I know I can go on KZbin and find tons of videos. But me personally I like to stick with 1 or 2 sources for this information.

[@gerardgervais4097]

HI Ross! Very interesting, and great explanations. Just a question about settings : is the MACD a classic (12, 26, 9) or a (3, 10, 16)? Does it depend on Time Frame? And do you use often the 10s Time frame (to see lower price structure, or to trade) ? I guess that we could have seen the big resistance at 7.00 very clearly from long time with Bookmap, isn' it? Thanks anyway.

[@wormhole-r3l]

I took me awhile to realize this was from yesterday lmao, I was like uhh I don't see this consolidation premarket. Now I'm following ya.

[@Pro-WalkingTour]

I am a big fan ross. take a bow

[@itsmemaldy7071]

We want to see the small account challenge

[@ronalexander9452]

Thank you Ross😎

[@brians.4403]

Very informative- much appreciated.

[@ABQSkywatcher]

Geez Louise. Great stuff

[@velocitystudiomix]

Great video bro! Love all your stuff!

[@SF-fb6lv]

Nice nice analysis Ross. What are your settings for the MACD, please?

[@siarrahicks9557]

Thank you for this video Ross

[@joescopo8933]

Awesome video, Ross!

[@brosa8117]

Hello Ross , what overlays / charts are you using and which broker ? Is there a link that I can access to pay to download the software you are using ?

[@ImazeVideos]

I have see on your most of your trades you have use 1m and 5m time frame. What are you prefer? the best is to trade in 1 or 5?

[@nathanyoung2165]

Nice call on this I bought and sold 3 times

[@LesssThanAverageJoe]

I also notice and I dont know how common this is but some of the recent biggest gainers are like 40% or more below their daily and weekly 200 sma.

[@TradeAlgoPremier]

MACD was even giving us a signal to exit the trade before the extreem downturn.

[@mustaphabenhsina551]

Just suscribed to your channel brother 😊

[@mugabozuberi493]

Thank u Ross❤

[@kevinb1041]

Macd helps a lot

[@LesssThanAverageJoe]

The beginning of the move looks like the impulsive side of an elliott wave structure.

[@terryhyatt6129]

Hey Ross trying to figure out how to place a trade and Fidelity and you stop loss. Did you could help me out of explaining it better?

[@BrianMerryPhotography]

Great video. Thanks Ross

[@tootory9506]

Do you have a video explaining these lines better? All the different moving averages the Mac D. etc..

[@Timmyboy2]

Thanks coach!

[@rickyjennings8627]

U literally wrote it down right after i paused the vid and commented haha

[@KingMK31]

Hey Ross, if you don't mind me asking, what's your book list in the back?

[@ashwin81088]

Man. That dip came out of nowhere 😢

[@MrGreenGlove]

it is almost like you made this entire video just for me ross😅😂 ...i didnt had a single trade in the morning and i saw all those rejection candles 7 was hard to break i told my self when this level breaks it will go high fast but got cought in a rejection i was lucky to be able to get out with not too big of a lost but that sure was a dum trade lol

[@anthonysimmonsacousticmusi1098]

How do you find them fast enough at open there is a lot going do u have a good way to refine quickly?

[@americanpatriot9579]

Ross, can you go over liquidity and institutional buy and sell orders.

[@DeLaCruz878]

Does this work for the daily chart as well? Thanks.

[@DaytradeWarrior]

There are differences but generally yes.

[@zahid9929]

Thanks Ross 😊

[@andrewgordon8112]

Just had one today similar before I saw this video

[@nothimbutbetteractually]

I noticed you track volume and MACD, do you really look at RSI much or not really?

[@sizzelot]

20:20 It looks to me like the MACD was positive till it flushed down. So can you really trust it as an indicator for a trade?

[@Dellx]

what are your ema settings are you using smart? or is your maid settings a specific setting. I have trouble getting my scanner to catch those moves early currently using Bending Pro

[@braddeicide]

But triple top, change of direction pattern.

[@gabakbusiness]

QUESTION: why dont you use 1 second chart? i have it in treadingview i use it all the time

[@anthonysimmonsacousticmusi1098]

Do you think it was high algos grabbing the break for a short