Trading Level to Level

[@carson2money]

I know it's all jokes about the 1000's of indicators when starting off, but this was actually me this past April. Lately been only charting channel highs and lows using supply and demand zones and have found it MUCH better and useful so far! Thanks OM.

[@ivankovivankov]

I hope you havent given up man. I hope you make it !

[@carson2money]

@@ivankovivankov I haven't! I post on Twitter these days @carson2money. Thanks for the kind reply!

[@afal381]

I love this; take out all the fluff that confuses you as a new trader more than anything else.

[@JordiRos-c9e]

Level to level trading is the only way. You can add some other levels, pivot points -- camarilla or traditional-- and anchored VWAP along with the H/L pivots mentioned here. You can create "confluence zones" where these levels cluster and that will declutter your chart from having too many levels. If you have some gamma exposure data to add to the mix, that's as good as it's going to get, the rest is risk and emotion management.

[@v.r7235]

Jimmy made millions trading pivot points. He started with 20k. lost about 15k in 2 weeks. He then started paper trading and realized he could trade pivot points. He made his first million trading shares on pivot points. He then moved to trading options and is now a multi millionaire.

[@wendygatz7426]

I love this very important video which should be the background of every strategy. Psychological level trading is king.

[@RichardBaker1]

Good video; thank you for posting. Certain levels are very important, and the 167 on TSLA was a nice bounce that could have been seen with a properly marked-up chart. TSLA bounced violently at that level.

[@156palmcoast]

Great 💎 here- can't believe this was my first time watching....Thanks OM

[@MFDOOM-888]

Imagine being blind and walking without a walking stick, that’s how it feels trading without levels.

[@namir91]

More like playing slot machines

[@MFDOOM-888]

@@namir91 😂

[@StopLossRulez]

Great job indeed! Thanks for explaining the level to level trading strategy!

[@jsh111]

This is a great video, but missing one key component: the execution that happens when price reaches these key decision areas

[@iborass]

That's where all becomes invalid 😂😂

[@XDSasukeUchiha]

the market was REALLY REALLY choppy today 9/8/2023 After using your TA everything the chart did today was explained! it was as you said!.thank you. PS this is how i know this is the real deal. i have an indicator that auto-finds support and resistance. your TA matched up with it PERFECTLY!! to the T

[@stephenking9305]

Very helpful video Andrew. A quick question for you- when you mention retest, does it have to absolutely touch the premarket high or low or just close by would suffice? At 9:30 for example, you mention it tested the premarket low but the candle didn't quite touch it. Also between trading a breakout directly vs a break and retest, I understand the break and retest is the safest set up but I have noticed a number of times in SPY the breakout happening and never getting a retest. Are there ways to identify a false breakout vs a genuine one?

[@Svejnako]

Excellent video. Thank you

[@OptionsMillionaire]

I appreciate it! Thank you for watching!

[@mattpinola7135]

Great video. This will have an enormous impact on my trading going forward. I've already begun back testing!!

[@Sisterluxe]

This was absolutely phenomenal!!! Thank you so much. You explained this so well it was super easy to understand.

[@Captaan_Ahab]

Thanks so much Andrew!! I’m swiping all of these indicators off my charts going forward..you’ve given me so much clarity…been watching your lives and ed videos for a few weeks now. how do I become a member?

[@074-Evolution]

Great Stuff..!! What time frames do you use, for your trading..? Also, which markets and or sectors is good for high volume trading..? Thanks Chris..

[@dondang6447]

Thanks! Awesome video!

[@OFProgram]

Great content, as always!

[@OptionsMillionaire]

Thank you!

[@crazyfamhq8415]

What a fire youtuber, idk why he stopped posting.

[@papaalan1765]

thanks for the video, sometimes there are giant wicks during premarket do you disregard those as pm lows and highs and if so, do you take the next non-giant wick level for low/high of pm?

[@sl5217]

Thanks andrew

[@thisisphilchan]

Phenomenal video thanks!

[@HumbertoTovarR]

I discovered this same strategy months ago and since I have been doing way better on my day trading.

[@markmcdonald7543]

Another great video, thanks!

[@carlitosway4504]

Great content my friend. You are the man.

[@Jlscards1974]

Thank you for posting the video sir.

[@solomon5735]

Amazing video, thank you

[@stillobserving2638]

Newbie and your vids so amazing. Were you a 13F? I was a forward observer. Love your intro. Ffe

[@taranohone]

also love the level to level trading strategy, its amazing

[@Daviirose3]

does this also apply for forex specifically gold futures?

[@quinnwehrman8407]

OM the OG!

[@OptionsMillionaire]

Thank you!

[@rolandoberdote9363]

the intro is bad ass

[@banditbliqz]

Great video keep it up 🤘💯

[@WolfofChappaqua]

I’m curious why do you trade Options on the S&P instead of using Futures as an instrument?

[@yourLocalTroll33]

This might be a dumb question but does this apply to crypto?

[@OptionsMillionaire]

Absolutely! Everything that has volume can utilize this strategy

[@barnyardbrio7597]

WOW! Thank you Andrew!

[@taranohone]

the beginning was jokes amazing video brother

[@demonofsaints32]

thank you

[@TradingBotAdrian]

Thanks goat

[@MindOverMatter6891]

Great video!!!

[@verselines]

for extended hours do you consider the entire extended hours session from after-market to pre-market? sometimes there are wild gaps that make the entire extended session cover a very wide range - in this case would it be better to stick to just premarket high and lows? thanks!

[@KoNViiKz]

Having too many indicators is an indicator of a trader that isn't profitable. Knowing multiple daytraders that have a win ratio of 85% year round, the only indicators that you need are the one that the major players are using. SMA 50-100-200 EMA8 on D1, EMA3 EMA8 VWAP on m5. Don't daytrade under m5. Draw resistance/support on daily, as well as m5. Identify algo lines on daily. Good trading fellows

[@jayshulgin7446]

Thanks for taking the time to comment. I was wondering if you would give more clarification on what you mean by "m5". I've been around the markets for a few years but never heard of this term. Thanks!

[@KoNViiKz]

@@jayshulgin7446 m5 = chart set on 5m candle stick patterns. Same for D1.

[@gt3goetz699]

are these seperate from your daily s/r levels? or do you combine them?

[@Pun_Intended]

I’ve seen people disregard after hours high and low and just mark premarket high and low. Are you doing that or the high and low of all the extended hours including after hours and pre-market?

[@Mellowyellow8888]

note he trades SPX.. so there are after hour trading.

[@mikek8448]

What time frames are you using to mark your levels

[@weeklyoptions1781]

All Bulls Hit !!!

[@ronforthethrone]

How to identify these key levels?

[@cindyhayslette306]

What time frames are you looking at? I could not find the number. Do you need the 3-5 min or more like 15 and 30 min?

[@jenkins799]

Is that the ES! ticker symbol you use to look at overnight highs and lows?

[@TMackDaBlack]

Thanks !!

[@ohKonTTV]

how would you know when to enter the trade once it hits a key level? break out then retest of that level then enter trade? or wait for confirmation of direction after the retest? sorry if that doesn’t make any sense…

[@snuffleupagus3956]

There are two entries at levels. First, wait for a candle close beyond the level then enter when price moves beyond that candle. Second, wait for the retest and enter. Re-test has the higher percentage odds.

[@rombusworkmoney22]

15:30 The price action right there shows that the trend would reverse there - no need to know about the level from 2 years ago :)

[@OptionsMillionaire]

I was able to identify the pivot before the price action happened because of the level from 2 years ago :)

[@rombusworkmoney22]

@@OptionsMillionaire wasn't it possible that the price would go through the level?

[@FameFortuneFiles]

After I watch orb video. I delete all the indicator and I just trade off the orb range and breakout and volume

[@OptionsMillionaire]

Thats the way to do it!

[@bryantscott7495]

5 Stars!

[@OptionsMillionaire]

Thanks!

[@spaceghost5337]

How do you display the pre market pricing on TradingView? I understand how to do it on spy, I can’t figure out how to do it for SPX, there isn’t a extended hour option and I have the extra data feeds Edit- NM that’s the ES? Just caught the symbol name at the beginning

[@DallonS]

Definitely the hardest thing to learn is trusting your levels and taking advantage of the full play.

[@jamesbonofffradestin761]

You don't have to trust your levels. Just use your edge near your support or resistance. If your edge is a triangle pattern, candlestick patterns or a pullback, use it near your levels or your reference points.

[@Repsolthefirst]

@@jamesbonofffradestin761 Retail patterns aren't an edge. It's what 90% of traders are watching.

[@jamesbonofffradestin761]

@Repsol tell me what to do? Do you have a better approach?

[@Repsolthefirst]

@@jamesbonofffradestin761 You can use retail patterns as they do work and you can find an edge within that, but you have to think about your competition in the market. What is every novice to somewhat decent retail trader doing? They're watching patterns, they're charting standard support and resistance or they're using some combination of EMAs. None of these are an actual edge by themselves imo. I personally day trade levels from periodic volume profiles on all timeframes. I feel this gives me a defined edge because not many people are looking at these levels, but they're coming from high and low volume nodes and volume points of control, both macro and micro. No guesswork in them like standard S/R -- where people have trouble trusting levels because they might have them wrong. I hate retail patterns and indicators. They didn't work for me and I found that MMs kill retail accounts because they know everyone is trading off them.

[@BalajiMuthusamyLakshmanan]

This is my very first comment. "Thank you sir"

[@raymond.beltran]

best video..!

[@quangxvu]

didn't know you were a comedian too

[@plutz3]

.....I think ypu changed my scalping life

[@rombusworkmoney22]

Share your results with us.

[@alwaysdjango]

00:30-1:30 😂😂😂😂😂😂😂

[@TravHubert]

So much appreciation for this video 👑

[@FearthelordRomans1]

First, don’t listen to those 2

[@OptionsMillionaire]

You're all first in my book

[@CarsonManCan]

@options millionaire your the only 10 I see

[@Amplifyez]

This was literally me🤣🤡 now I’m profitable only trading price action

[@4r1]

i cant understand a thing, im trying to learn but every video just talks about the topic like everyone already knows about it, i dont know where to actually learn from zero. can someone help?

[@Ss-21-16]

Start YouTubing vids on candlesticks. What they mean etc. then support And resistance. Basics 1st. What he’s drawing with those lines are support and resistance. Support = floor , resistance = ceiling.

[@SolidNate99]

First

[@bullflag9049]

Second

[@bullflag9049]

Great information as always Andrew!

[@huntertrader5881]

Bro, give me your tradingview premium account if you are not using it.

[@dougtwigg3285]

😂😂😂 you don’t know it’s a level for 12 days. Did you trade it and draw it after the first touch? How about the second or the third? When did you trade this level in 12 days or did you trade it at the end of 12 days so you got one trade out of it, really🎉😂😂😂😂😂

[@OptionsMillionaire]

You use more emojis than my 11 year old niece.

[@dougtwigg3285]

😂😂😂 market don’t bounce off the low if you’re in a bear market

[@dougtwigg3285]

😂😂😂😂 it’s so easy to draw chart and then go back and analyze it so easy let’s see you do it in real time and not some paper account

[@avialmo1066]

are these seperate from your daily s/r levels? or do you combine them?