The Weekly Chart (Trading AND Investing)

[@NoNonsenseForex]

Before you go look it up, Gordavian Horse Charting is not real., unfortunately.

[@sybentley6675]

Its better than Elliot wave theory!

[@NoNonsenseForex]

Top comment.

[@xkrez8344]

i found you yesterday and im falling in love with your content, the way u explain everything and all the information you share is an 10/10

[@josephdamaseb714]

Hey Vp I just wanna know is it possible to make a living of trading

[@smarttrader3760]

@@sybentley6675 you have no idea what you’re talking about unfortunately

[@eliremy6979]

Daily is king , Weekly is God

[@archravenineteenseventeen]

Monthly is universe, yearly is breaking the mateix

[@FredonMaylor]

​@@archravenineteenseventeencentury chart is breaking the matrix of the matrix. It never fails, 100% win rate even with shitty indicators 😂

[@toptier2800]

My portfolio is the devil

[@thebarbieinvestor5428]

I charted the weekly and 4h entry on accident yesterday and was like 🤯🤯🤯🤯 Might take some time (mine was 26 days to full to Tp ) … but it hits!! And timing your move of sl to be at the right time- talk about 🏦 🔥🔥🔥 This seems perfect for someone who enjoys their job.. but also wants truly passive income. Day trading is another full time job in the traditional sense.

[@tostones1945]

With how everything has changed from when this channel started, to the pandemic, to now, life has changed greatly. This has now given me confirmation that though I can’t trade the daily like I would love to be able to, trading is more accessible doing it the NNFX way. Thanks VP. You’re the best

[@chigozietruth]

VP, you are easily one of the best content creators in the world. I really enjoy your presentation, mindset, and approach. It's been life-changing getting to know you and how you view the world and the markets. You are much appreciated!

[@haneyguitarinstruction6260]

I used the Quarterly or 3 Month chart as my higher time frame to find that we are in a Secular bear market. Found key levels and structures. The monthly is the medium term time for each 2 year swing. The weekly as the entry where I buy and hold and add to my position for 2 years

[@nerenahd]

Dude, this is getting better and better.

[@kungcage8724]

Hi VP! Thank you so much for this video. I am not sure if the universe listened to me but I am currently having a hard time balancing stuff in my life right now that I am in need of something that can make it easier for me to trade and this video helped me find a way. I will try weekly trading. More power to you and your family! Love from the Philippines :)

[@anthonyukpong4047]

If only I could like each of your videos multiple times, I would! You're God's gift to traders.

[@Quants36]

VP changed my life. I won't ever let that go over my head.

[@williamsipes379]

Already been using my algo on the weekly to invest in stocks and crypto since forever and it works just fine!

[@williamsipes379]

Someone mentioned Stan Weinstein as well and yes his methods + an algo work brilliantly well. Especially with low P/E stocks where the big risk is that it just won't actually play out due to lack of technicals, a Low P/E stock w an algo buy on the weekly is very strong because no technical analysis is as good as ours, period.

[@muhammadsyrian9186]

Motivating podcast, you are the best in your field.

[@fmonty1]

Thank you for weekly chart briefing , I also use is as a confirmation for my daily chat. I call the blind leading the blind chart. I sure I'm going for the trends.

[@OfficialDJFrequency]

Thanks for always blessing me with knowledge VP, changed my life

[@abestech7190]

I use the weekly and daily for an overall outlook and have the monthly just there chilling I use the hikenashi for a clear look and of course my other weapons ;)

[@annabecker9312]

Hahaha finally first! Anyway, following VP since 2018 and always learning more and making more cash!

[@donajor8]

Been a long time since I’d been here last you stop the channel it’s good u resurfaced

[@BoHorror]

VP, The Gift that keeps on giving

[@KostasYoutube]

Excellent video! To the point.

[@Themax6660]

Hey Patrick I so hope you come to UK and get to meet you! I hope you are well! Forex and investing is the mirror reflecting every imperfection we hold and reflecting it back. I've learned we gotta be clinical from start to end in order to suceed.

[@keto538]

Aah Good old ear killing intro. Reminds me of 2018 NNFX LOVE IT

[@Pakistan-rj6pv]

Show some charts, some tips, there is huge difference between power points slides and actual trading mt4

[@russellschaeffler]

Waiting for the weekly to reach a support or resistance area on the weekly then go down to the daily. The difficult part is sitting in the trade and waiting for the setups.

[@geogondzur1342]

Great video man! Super glad you touched on this time frame. Do I sense a video titled "Monthly" coming up? Some interesting things happening on the BTC monthly RSI. 👀🧨💸

[@madefordear]

Long time no see. Just setup a trade couple minute ago and then your video. Good morning from Indonesia, VP!

[@sappyjayjay]

Thank you so much for giving us the framework to succeed!

[@ronneljubane]

thanks vp im doing it on gold...1st time.and i also thank you for kitco news i love it!!!and hoping for more about gold..

[@AA-qd4wu]

Good to hear your voice VP

[@Lucas-vj8rr]

Nice i use weekly with RSI5- CCI 7 Buy when CCI enters up -100 en RSI is at 20;-) I only trade friday for next week. I don't buy if one of the 2 doesn't reach it

[@JCBince]

Haha love it, just finished the core concepts, again.

[@bulldovlabalkanski2467]

hey VP, should we use daily or weekly atr as a stop loss, when we look at weekly chart??? thank you!

[@NoNonsenseForex]

Everything you use should be used off of the same time frame.

[@yaseenkhaliq]

Always spot on VP !

[@lordgarysoh]

24:05 I'm gonna make you listen to the podcast. Sounds more like a treat to me.

[@javiimc9012]

Which mt4 broker can I use to demo trade crypto currencies? I mean a lot of crypto currencies

[@matusvitko8469]

VP you are our Rich Dad

[@lukeconley1085]

Thank you vp your the best.

[@geraldboham620]

Need a little explanation here. So if the weekly chart is green or red what time it day do you buy and hold?and what timeframe?

[@NoNonsenseForex]

If you're trading the weekly, the best move is to make/manage the trade as soon as you can the very next trading day, provided the spreads aren't out of control.

[@Mthobisii_Ngcobo]

The best trading & investing channel on youtube by far. Thanks VP!

[@u991706]

This is awsome. I have yoused weekly time frame, if I need to see where the price is. You mention volum back in the days. I remember the time, back about one year before Trump lost the election. About, 2019, the dollar wos extreame strong. Today a dayly shart, some out two or three times, you can draw a trendline for resistence on the tops. And a great algoritme, can give a great entry And good upertunity for collect pips. This work untill for about 1 mounth ago. The trend start to break out the resistence. But back to the point. A weekly shart, would show that the price is back to the price levels before this bull-run at the end and beginning of 2018/2019

[@HungLe-qc3yq]

Do you recommend trading both daily and weekly chart if both are doing good in backtest? They might have contradicted signals at times, or when they have the same buy signal then you might have double the exposure to that pair. Awesome piece of wisdom as always, thanks!

[@NoNonsenseForex]

No, I would choose the best and run with it.

[@danielmooney8719]

Just wondering if you have any thoughts on hydrogen as a long-term buy and hold. Fuel cells have applications in many areas where traditional battery power has shortcomings, such as an alternate fuel for aircraft.

[@Diego-rt1dx]

hello, when you mean to only use weekly TF, is it 100% like that? do you only look at your zones in weekly TF? To enter an operation you wait for the closing of the candle right? support/resistance or supply/demand?

[@amardeepsingh3993]

VP please do a video on what to look for in different Parts of the algorithm when backtesting/forwardtesting e.g what to look for in a volume indicator (i already know this but just for beginners etc)

[@Vagdinox]

I was going crazy trading the low time frames and analyzing every low time frame to finally go in and getting stop out I went on daily chart and because is only 1 time frame I have to analice I am way more focus and I can look into lots of pairs and indexes and commodities so fast for the best set ups to go in

[@JP-hd8cw]

alittle off topic but does anyone know the outlook for the forex market for the rest of 2021 heading to into 2022? any reliable sources? thank you!

[@archravenineteenseventeen]

Bscktrst it

[@raymundenso]

VP I have a question about the nuances like Bridge Too Far and Pullbacks is it still applied here or just check if it's under 1 ATR for entry?

[@NoNonsenseForex]

The algo applies to every time frame.

[@purplehuush6743]

Vp, would you do a video on trading indexes

[@NoNonsenseForex]

Already did. Search the channel for Indices.

[@razvanmilasan1299]

Welcome back!

[@duonggia777]

Hi VP, If you trade the daily chart, do you wait for the trade finish before taking another trade? (since the forex correlation).

[@NoNonsenseForex]

All depends on the pair. Answers will be in the video series.

[@mohammadhassanjalalian8877]

Hey, do you have any opinion about Elliott waves?

[@raysitunyama3001]

I don't know can I place weekly trades on a $2000 account is it worth it because risking 2% for that wouldn't even make sense

[@lokone303]

For small account i do UNDER-leverage. Leverage only affects margin size, but to reduce exposure i use Micro-lots. 1 standard lot is 100k units at forex, as we all know, but for a real micro lot it is 1k units. Very few brokers do it, thats the hardest part, lot of brokers call micro or mini accounts to attract new people, and lot of traders call it micro when trading between 0,01-0,09 standard lotsize, plus all this futures mini/micro thing on indexes mess it all more. AND, is not a sexy thing to advertise. Not going to make riches, for sure, but to be precise on the amount you risk, under 3k, you can start your exposure like that, while you save money by working on better personal finances. To search for it you have to really check the documentation of the product, to make sure your lots are less units. I love to trade high atr pairs like eurjpy, gbpjpy, euraud, etc... at weekly, without all the "risk on/risk of" sentiment changes +sector rotations we had lately, making micro trends + daily "F U Candles", and all the market noise. Sorry for the text wall, i'm living under 400-500 /month for years and still save more money at year than the other 1k/month humans 🦧 Doing it at low income is my thing, i preffer to take it easy than having 3 jobs or being funded. Not a "mentalidade do tiburao" person.

[@NoNonsenseForex]

Eu nasci tubarão. Eu não posso evitar.

[@ericgilliam9902]

I missed those the famous ‘VP’ words “Go Get IT”

[@63sunset]

Hi. VP please help me to save my indicators to all my charts

[@神之义]

Will try to program my own EA, so that it trade at anytime of day, even if I m sleeping.

[@GiC7]

Love it VP

[@johncover9870]

here goes my money advisor

[@vintageb8]

any comments on the 3-day chart?

[@NoNonsenseForex]

Didn't even know it existed

[@kingwilly8041]

If you usually use the daily time frame, isn't swing trading what you do most of the time? I was surprised to hear you say you rarely do it. After all, isn't swing trading, by definition, what a person does who holds a security more than a day and up to several months?

[@NoNonsenseForex]

I don't really put a label on it. I just do what my charts tell me to do.

[@louismochine4756]

For the less experienced traders how long will it take to gain experience sticking to longer tf's only? Too long!

[@63sunset]

Hi. VP really battling to save my selection of indivators

[@snaketrader]

Do you have a video where you explain trading in the Daily chart?

[@NoNonsenseForex]

Yes, about 120 of them.

[@snaketrader]

@@NoNonsenseForex thanks for replying. Any chance you could send me a link? I tried to watch a few of the vids but couldn’t see that specific where it’s shown trading the Daily chart. Or better ask…. In your course, is it focus on trading the Daily charts? I’m only interested on Daily and weekly, or at least nothing related with daytrading nor scalping. Tks in advance.

[@davidmay268]

Great video, thanks. Im struggling to do the daily especially with the 7 day crypto week.. Ugh

[@sibonisomsane1575]

It's hard to trade weekly chart on forex

[@Tepalus]

Could anyone help me? I come from stock trading but want to shift to forex/indices/commodities. What do you think? Is it good to have the major 8 (28), Top 10 indexes and Gold + Silver? On the daily chart in stock trading there is enough time between market close and open but with forex/indices/commodities it's basically 24/7, so no idea on how to analize the daily charts with this...

[@andypell704]

Watch all of these nnfx vids to learn vp is a great teacher- youd be crazy not too! Vp thank you so much

[@AJ-gg6db]

Omg I was just looking at the weekly chart of XRP

[@moesadr3342]

What would be your best Chart/Indicator set up if we only want to use Weekly charts for stock trading?

[@MD-gc5wn]

I'm here and I love you.

[@bikerspads9472]

Thank you vp

[@haneyguitarinstruction6260]

I have a 5000$ account and trading MES Futures to have a 100 point stop loss is $500 just on 1 contract. That is 10% of my account. That's what spooks me to trade Daily. 1 ES contract is times 10 to $5000 stop loss

[@NoNonsenseForex]

If you're trading something where you can't make the pip/tick values any smaller than what they are, then you'll have issues here.

[@haneyguitarinstruction6260]

@@NoNonsenseForex yes sir I agree. I accepted the fact that I must risk 10% in order to see progress. I can probably risk 50 points which is 250$

[@magicmike7476]

You didn’t put the link in the description

[@NoNonsenseForex]

It's there now.

[@villediana_jones7019]

HAHAHAHA @5:45 man you kill me VP

[@smallcrs2006]

Do we use indicators on the weekly chart, for investing as well or is it something completely different?

[@LiibaanGBP]

There is No Need For That...Indicators are USELESS man...Rather Learn The Price action and Read The Price Naked..Happy Trading Career Pro...

[@nicolasgomez5207]

@@LiibaanGBP hhhhhhhhhhhhhh

[@alexcp1967]

Forex for monday-friday, crypto for sunday? Not a bad plan

[@JP-hd8cw]

what abt saturday?

[@archravenineteenseventeen]

@@JP-hd8cw party

[@navketan1965]

If holding forex trades for 2-3 days & entering on 15 minutes chart action,what should be Guiding time frame chart for trend direction.If one uses daily for trend,then trader is paying for overpriced merchandise.Going with 1H trend for direction,the trend can flip on A dime.Decent trend on 4H chart is not going to flip on A dime.I would think that 4H trend is optimal for direction.Objective is to buy on correction & to keep stop loss 30-50 pips for risk control. Seek your wisdom Sir.

[@NoNonsenseForex]

You could be right, but the only way to know is to test it.

[@Mr_natenut]

I settled for the weekly chart. Live. Daily i had to let go.. lifestyle didn't allow it.

[@NoNonsenseForex]

And that's exactly why it's there for you!

[@alan.mroczek]

Let’s go traders

[@Emerus7]

The G.O.A.T.

[@giftedbuthumble]

I had a legit question for you a while back that you didn't answer about interest rates

[@parparrah2823]

Thanks vp

[@Javier99999]

Only daily and weekly for me!

[@mariomorales58]

First. Great video!!!

[@archravenineteenseventeen]

eurchf is good in weekly, not good in daily imo

[@FarhanFadzli]

Who in the hell dislikes vp on each and every video? Gangster…

[@NoNonsenseForex]

Price Action KZbinrs, Marco

[@archravenineteenseventeen]

The big banks. JP Morgan dislike battalion

[@buddhikajayawardhana9211]

Love vp so hard 🖤❤

[@CK-pp5vk]

That intro

[@coltlover83]

I only trade weekly and monthly

[@StefanFahlberg]

I'm quite new to trading, and I love your content, so I subscribed :) Can u also give me a link to join your discord ... I found a link that was not valid, so I need a working one :)

[@NoNonsenseForex]

Go to the FAQ on the website

[@AmiR-rp2qu]

1:26 VP is a marilyn manson fan

[@valueray]

NNFX system works ..... you lost me :D

[@jedturner9173]

weekly will give you very poor returns, is more of a market direction tool ,it is not worth trading , surprised anyone would even make a pitch on it to others

[@blackstone5777]

Speak for yourself

[@michaeldenzelloo9856]

Can you talk about the hourly chart please? especially for those with accounts less than $1000 its hard to trade the daily chart with that little money. Thank you

[@michaeldenzelloo9856]

@Lester’s Capital Elaborate why I cant trade the hourly chart if i have little capital

[@nicolasgomez5207]

@@michaeldenzelloo9856 lol

[@mighty_productions-c3p]

lol you did it

[@mastergamingxd9701]

🐐🐐

[@FilmsMcCool]

Bro can you please just switch to Quant already

[@FilmsMcCool]

Bro like i feel you are trying to help people, this seems to be the best way to test hedges according to experts not me

[@SHOsaAl]

weekly takes time to reach the goal , i dont like it

[@missilesilo7204]

VP, I like you as a person, but i think your way to scared, or should i say, you think about safety more than anyone. Personally, I think its to much and to boring and also giving the MARKET MAKERS free reign to rob you, which is their goal. No offense buddy

[@blaq4416]

First

[@thomaswoods5385]

Already using to invest in crypto and stock like forever, crypto all the way.. you're in deep shit if you don't know about crypto 😒

[@stephaniealice4591]

Lol, I think same too, crypto is like a god in our time Everyone sure knows

[@mohammedabdallah1466]

too much talking, this and that yadi yadi yadi. it would have been much better to say at the beginning of the video that you are about to give an Academic talk on the topic so people can save their time. what a waste of time. Nonsense ..... what a name ....