TRADING TUESDAY | DAY 2 | INITIAL BALANCE | TRADE SETUPS

[@stevehavas3970]

Enjoying watching the daily commentary. Good to compare how your trading and thinking when it’s fresh. Thanks Stacey.

[@louistrudeau767]

Stacey, really appreciating this Day by Day approach. Looking forward to Day 3 set ups

[@darthtrader7605]

Thanks for all the seemingly down-to-Earth content lately. Idk maybe it's me and I am really developing competence, but your content has really seemed more refresher to me than educational and it's been very nice to partake.

[@fxmomotrader3606]

Stacey always says to get ready for explosive moves when there is an inside day. And gold was textbook trade explosion out of Monday's inside day. Thanks Stacey

[@Ari.Arisoy]

Addicted to this content, can’t miss a day! Thank you

[@nexus9853]

I watched this gold move happen right in front of my eyes this morning. A little bummed that I didn't capitalize but happy that I was able to recognize the signs. Next time, I will be ready

[@RJBforex]

Excellent! Piece by piece, the puzzle is coming clearer with each timely video and market recap! Thank you for this video! I had wondered if we were not going up into last week's positioning VS the greenback before getting shorter of it. I, therefore, longed USDCHF based on the London session highs / higher lows and the subsequent 15 min W set-up that formed before the NY open only to find that I was taking part in the first-hour stop hunt! I took profits off before the supply came in, so I was happy to just flip over and short when I spotted what was going on. We were still front side of the dominant bearish trendline for a start and this was always going to be a Day 2 runner in order to establish fresh lows for the week! However, this video has basically explained WHY the pre-NY open lows were NOT ever going to be the lows of the day, nor the peak formation, which I was admittedly having a hard time trying to figure out...Anyway, somehow managed to pull it off in the end and caught the breakout for a total of 5R. These daily recaps on the day count help so much in being able to review setups! Thank you! Can't wait for Day 3 shenanigans!

[@Daisywealth.]

Thank you so much Stacey ! Came across your channel two months ago. I have watched most of your videos, my trading has so improved. Your committed to passing your knowledge is second to none. I have paid for mentorship with three different mentors in my trading journey. I haven’t seen anyone so committed as you. I’m so grateful!!

[@Alshon3]

Thanks for the video Stacey! Very educational as always. Your emphasis about focusing on the 9:30 AM NY opening in particular in recent videos has been super helpful for me consistency wise, I find that if I'm at the screen during the first hour my itchy fingers often tempt me into "piker" trades I shouldn't taking out of fear of "missing" the first hour move. Now I simply get up at 9 AM with the focus on 9:30, I get a little extra sleep and it helps me execute properly, so a win-win. So what if the market takes off and there isn't a good continuation set up? Better to not trade at all than take a poor quality setup, after all. The markets will still be there tomorrow anyway, as you say.

[@federicomartone1771]

This morning wonderful short gbpusd thinking of you d2 inside 3 peaks, extended 1st hour range for back inside, i knew that price would not Need to go up and trigger Yesterday Lev , being d2....50 pips and got the Money....Stacey you Just created a black belt trader, 2 years been studing your videos... thanks... thanks

[@calliebuckle]

Hi Stacey. I am a newby leaning a lot by watching your clips. Thanx so much.

[@MikeMike-gt1sj]

"Understanding price behavior" I think this is something we need to focus on sir, hence chart exposure. I hope with these great information, we could understand what price tends to tell us. Thank you sir!

[@sanjlakhanpal5017]

Thanks bud this hand holding through the week is great. Really helpful in increasing understanding. Im still long the eurusd from nfp. So far in the money on my stop that is in the money for a small profit, i cant lose any money now, even if i drop most of the profit. I feel like running it even though i know it is day 3 tomorrow or really all the action is over night for me with the election. Im thinking i can run it for a bigger profit because if day 3 turns into a big reversal they may stop at the low of this week, rather than last week. I know it is not the way but im in a good position to try it on for once, 300 pips away from my stop. Love u bud.

[@StaceyBurkeTrading]

Great trade Sanj! Love you to bud!🍻😊

[@StaceyBurkeTrading]

I have a measured move target to 1.0217

[@sanjlakhanpal5017]

@@StaceyBurkeTrading thanks bud, more hoping than anything else but day 3 could turn out to be inflection point before cpi on thursday rather then big reversal day. Then cpi will dictate what happens next for every market.

[@StaceyBurkeTrading]

I hope you held onto that bad boy Sanj! 😅

[@sanjlakhanpal5017]

@@StaceyBurkeTrading of course and im trading in and around it in size whilst listening to nirvana blud and im not kidding lol im 600 quid a point the other way now for the pre asian open scalp.

[@hayaletgen2829]

Thanks!

[@StaceyBurkeTrading]

Wow! Thank you Hayal! I appreciate that! Hope you had a great weekend!

[@victorq5309]

I seen this so many weeks that I already have my weekly play book. when the week is inside we look for previous week h/l 3 days consolidation to get there maybe, if outside the h/l will be formed M-T or wait to see W trap all the traders that were wrong, and look for day trades Th and F.

[@Richie52592]

Have been noticing the timing on oil. Likes to move around 11. After trapping for a few. Thank you for the conformation and knowledge!

[@ebbyruthofficial]

Thank you Stacey, you are the best👍

[@ijeomaaniche7242]

Amazing thank you for this. Did a search on session trading and you popped . So glad 🔥🔥🔥

[@StaceyBurkeTrading]

Great to hear! Thank you Ijeoma!

[@Johan10683]

One or two trades a week is where I need to get to!

[@tobetb]

I'm always seeing a break of a range, 200P expansion... always going with the trend, taking what i can, still missing the bulk of the 200P... 1% better ever day! Thank you for you knowledge share Stacey!

[@timj6453]

This week alone I've watched over 20 hours of Staceys content. I must say it's great and I like the concepts he uses but it gets extremely confusing sometimes. For example here he says for the gold trade that you cannot sell the weekly high, but then the NAS100 trade is a sell on the weekly high. Can someone help me out here? (Edit: After a further look it might be because the Gold trade was a consolidation range and the NAS trade a 3rd day of buyers, right?)

[@federicomartone1771]

Dear Stacey at min 17.01 of the video you said that we were in day 2, but It Is actually day3 of the cycle, and day2 of the week, i would propose you to name days of the week in their traditional way, es. Mon tue wed....and use d1 d2 d3 only for the template, otherwise people Will continue to get confused....anyway....i Will Always thank you for what you do.

[@haneyguitarinstruction6260]

I went long today at 3816 on ES at 09:45 and took profits at 3847. My set up was Long today and I saw my trade after first 15 minutes of the open. Demand was at the 04:15 candle

[@hayaletgen2829]

I like your technique and your narration, so thank you for that. $$

[@timj4755]

Thank you!

[@CrazyHunter123]

Your explanation are the best. you show the big picture, what is behind the scene.

[@StaceyBurkeTrading]

I appreciate that Breath! Thank you! More to come

[@pierreleppan4867]

Thanks Stacey so much .. voice of reason and stability ...just checking when you size in where do your stops go for the size in trades.. do you make the really tight or what ??

[@StaceyBurkeTrading]

Sizing in as a trade is accelerating I go over that in other videos. HOW / LOW 3 day setups are full size. Stops are the same 20-25 max on most and scaling in as trade is accelerating into new 15 min cycle on 1 min charts.

[@mervynmontague1811]

Interesting and informative 🇯🇲

[@lotus882]

Addictive videos..

[@perez1984]

Good work Stacey, please I want you to explain GBPJPY (4 November till date). Looking at the chart from Friday, can I conclude that it has done 3 levels of rise...

[@joesephburns1628]

Hey sorry stupid question. I already have a lot of success with The trading system and setups I've built. But I've been trying to learn and understand the way you trade more recently But I do not trade forex i only trade the US stock market would you be able to explain what happened on spy and NASDAQ today like was today the 3rd high of day broken and then we we got the sell off am i right there? Sorry its a little confusing lol im sure its simple once you grasp it all im just looking to add it to my arsenal i just started trying to understand it all i should dig deeper on it i always like to learn how everyone trades... I also only trade options side note lol

[@joashhumphrey3066]

Hey Stacey .. am here early

[@josephharley9448]

GREAT STUFF. AS ALWAYS

[@StaceyBurkeTrading]

Appreciate that Joseph! Thank you!

[@Keon.g]

Can you teach us about entry and how to scale in

[@StaceyBurkeTrading]

Will do!

[@federicomartone1771]

i meant d1, because short were triggered in the market

[@leonedion]

I couldn't hold on but entered at 9:30nyc it but all good

[@eddyeze1098]

❤

[@joesephburns1628]

Sorry 3rd comment do I need to pay attention to the forex markets i only trade the US stock market?

[@StaceyBurkeTrading]

Entirely your choice which markets you trade Joseph. I follow markets that have reasonably tight spreads that offer me enough reproducible simple setups that show up every week.

[@henryl3e]

Hey Stacey, just want to confirm with you on something. Is Monday always Day 1 that creates the "High" and "Low" for the "entire the week" ? Even if that High or Low is broken on Tuesday ?

[@StaceyBurkeTrading]

When they break the high it will either be a PFH or PFL or a range expansion on D2.

[@henryl3e]

@@StaceyBurkeTrading Thank you ! I understand the concepts of day 1 and 2 more clearly now .

[@jameshoughton1154]

Shorted BTC at $21100, I'll let you guess if I took 50pips, or left in a trailer. Lol

[@joesephburns1628]

I think people would understand a little better if you explained it really slow step by step like we were little kids lol it is a little confusing. But if you explained it like you were trying to make a caveman understand. I think people would get it a lot easier I just started to try to understand it so I know I'll have it in 2 weeks

[@galrayzt]

Took me 5 years to understand the whole thing