How To Read Chart Like A Professional Trader

Free Trading Training Content
Important Price Action Rules - rb.gy/eh8w
Simple Guide To Trading - rb.gy/sypf
The Best Trading Pattern - rb.gy/hdkd
How To Count Entries - rb.gy/kptd
Two Legged Master Setup - rb.gy/x6vq
Money Management Rules - rb.gy/lnce
Instagram - / realthomaswade
Twitter - / iamthomaswade
Facebook - / wadetradingacademy
Date May 15 2024
Time frame - 2000 tick chart
Instrument - S&P 500 ES Futures
Indicator(Supportive) - 21 bar EMA
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Price action describes the characteristics of a security’s price movements. This movement is quite often analyzed with respect to price changes in the recent past. In simple terms, price action is a trading technique that allows a trader to read the market and make subjective trading decisions based on the recent and actual price movements, rather than relying solely on technical indicators.
The only people who know where the market is heading are institutions. They are the ones who make the market move and our job as retail traders is to follow their footsteps and get the piece of their movement. As price action traders we need to find the most profitable ways to enter trades. The highest probability setups are 2nd entries, its variations and confirmations setups at the key entry points.

[@kurtcraig9059]

Thank you for recap of a super strong day on price action

[@shaneexchange]

The explanation is awesome, but it would be better if u could put up the chart, so that we can download it and follow along through the analysis.

[@attrition197]

Great day today thanks

[@Archer441]

Thank you 2-1 today

[@ravimehra8860]

I like advance LH Confermation, top of the range , In this type of setup, developing traders just keep thinking, and beginners do not see it, only advance traders act on it. thanks sir

[@patrickhenry7416]

its very good/helpful getting updates from the trading day from your thought process. thanks alot

[@503flashgordon]

Thank you so much for ALL the work you do to make these videos. I learned price action scalping from mack PATS, but picked it up a lot more with your bar by bar, thx again!!✌️

[@abishekrai6772]

Thank you sir for your time

[@darylbaptie5159]

Thanks as always Thomas! I took that 2EL 10:18 of the video that failed, thanks for the explanation of why, a good lesson for the future!

[@ehabelesh4788]

i really like your videos but i have a small recommendation that i've even seen people talking about it on reddit , we get confused with too many similar video titles , i think you should make a series or something to help new traders/viewers on channel not get lost , also Thanks again for your efforts !

[@elmamo2000]

"Price Action Rules Trading Live E-mini S&P 500 Futures 05-15-24"

[@zenoo514]

You have some playlist on youtube and you also have the academy with a ton of good content and well organized.

[@joe6604]

My recommendation would be to add dates to the video title for record keeping. Edit. I stand corrected, I was searching all over for the dates, but I guess I didn't search hard enough 🤦🏻‍♂️

[@ThomasWade]

Hi, first be careful to spend your time on reddit... it's a crazy place : ) I understand the chart reviews may seem all over the place because I do these videos regularly. But I have beginner playlist where the first few videos cover basics of this strategy in more details. So start at the beginner playlist. The date and the instrument is in every video description in case traders want to know what date it was and want to search by dates.

[@SuperRafarox]

Hello Thomass, the Third trade, i was counting as a F2ES, and was on my Big Trand and EMA key entry point, the signal bar wass a pin bar, but with two key entry point, what u think about?

[@ThomasWade]

What time the trade formed?

[@gottschalkphilipp5285]

Thanks Thomas 🫡

[@JOhnnnnny611]

Hi Thomas thanks for the video. At 12:54 would you ever consider taking the HL right after the 2el? Would you have to take profit from the 2el before considering or would you be fine taking 2 trades at the same time (not sure if you wouldve reached profit target from the 2el before the HL triggered)

[@ThomasWade]

Technically you can make a case for that trade, though it is closing quite high. But there is no reason to not take the 2EL prior so that is the right place to enter.

[@JOhnnnnny611]

@@ThomasWade I am greedy and wanted to take both XD

[@anjolaju]

The best

[@ThomasWade]

:)

[@davidlanceregalado7272]

A lot of trades.. So how many trades did you had for this day Wade?

[@ThomasWade]

3

[@cryptocpa1194]

"Pro trader" takes beginner trap, LMAO, ok buddy. This guy can't trade. These are not high probability set ups he's marking.

[@ThomasWade]

Thank you for commenting. Good luck on your trading journey!

[@dfjklweoi8962]

This guy giving a bar by bar analysis without hindsight, and showing us his losses is invaluable for learning. Much better than other teachers I've found so far. Why the hostility?

[@okayBro0001]

Please black chart screen 🙏