Price Action Trading Setups That Work (ft. Paul Langham)
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- čas přidán 7. 06. 2024
- Price Action Trading Setups That Work (ft. Paul Langham)
Forex Uncensored + D2T Academy: bit.ly/PaulD2T
For this event, I am joined by price action Forex trader Paul Langham. We cover price action setups that work in the Forex market and answer your questions about price action.
Forex Trader Community (Facebook Group): bit.ly/2esoMYj
// About Me
My name is Etienne Crete (from Montreal, Canada). I'm a swing Forex trader and help aspiring Forex traders develop a trading method that works for them so they can produce income allowing them to live with more freedom.
What you must know: I'm all for trading foreign exchange, but I think freedom is much more important than time spent in front of your computer.
I blog at www.desiretotrade.com and host the Desire To Trade Podcast. I was fed up with the “fake” millionaire traders and the “get-rich-quick-trading guys”. That's why you can expect more free content from me than what other people charge for!
If you truly want to succeed in Forex trading, I believe you need to keep working on yourself so you can improve your strengths, but also your weaknesses. Do not focus solely on what you're good at.
// Disclaimer
This video expresses my personal opinion only. Forex trading is risky. Make sure you are ready to trade. Even this will not guarantee you positive results. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action.
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// All Products Used In This Video
Canon EOS M6: geni.us/9ZQgs
Joby GorillaPod: geni.us/QfjD
Editing software: Final Cut Pro (Mac)
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Awesome podcast Etienne, keep it up 💯
Thank you, Nick!
I trade stocks, but I solely trade price action. I think it's easy, simple and straightforward and that's what trading is supposed to be for you too succeed. No indicators expect the 50 EMA on a 1 hour chart because what I have found is that when I trade $MU (Same stock i trade everyday) it typically points the direction of the stock for the next few days and when the intermediate trend is confirmed (1hour) it will start to bounce off that EMA. I'm a S/R so I take levels from the 4hr and determine the structure of the market on the 1 hr and use the 1 min or the 5 min to place trades in the same direction as the structure of the market
Omg we got the same same strategy.
@ Nostalgia Vibes, very interesting
Honestly the best way to trade, been testing that same concept on nas100 and us30 and it’s a walk in the park with good risk managing 🙌🏾
Solid
My grandma trades price action 😮
Paul is a really nice gentleman. I have good respect for him and also his knowledge of trading
I just discovered this interview from 4 years ago, this was really an awsome episode.
Mr. Langham is a price action chart reader in every sense, this gentleman is deep, listen carefully and learn!
I'm glad you liked the interview, Cutting Edge Cool! Thanks for the comment!
I found it really interesting what he said about the 15 sec. and 2 second chart.. i’m using TradingView and sometimes I wonder if those charts time frames are accurate. And In tandem with an interesting paradox there is more noise on lower timeframe charts in tandem with more information
@@josephgerrety4321 they are showing you the data everyone have, so it should be accurate
Anton from Mentfx trades a lot second charts and I mean, guy now have his own prop desk, it is possible
I thought you had to pay TV for second based charts…
That was a packed session! You guys had great questions for Paul!
very good info
I have no check list but i am building one by watching ur channel, do have specific rules when doing my top down with price action overall but i must see a setup on a daily/4hr and followed by a entry on a lower TF (4hr-1hrmax) thank u Etienne learning alot from u
That's awesome, Irvin! Thanks for the comment!
this audio is so good. i need to listen it every day each and every word over and over again.fantastic.
Glad you enjoy it!
Just listened to this last night. Made $300 today. Great advice.
Really interesting interview with Paul Langham, a lot of poverful advices ! Buy high and sell even higher, the chandelier exit, how to get into trades and when to exit...Great advices
I'm glad you liked that interview, Lejay! Thanks for the comment!
I have traded FX and stocks full time for years and this is the best all round advice I have ever heard.
Awesome to hear that! Thank you for the feedback 🙌
Brilliant interview .. eye opener helped me with noticing what is going on in the charts .
Listening to all the successful traders they share the same traits although the approach is slightly differently. Thank you for the content ettienne
That's right, there are some commonalities for sure! It's always my pleasure!
Third time watching this interview. Paul is awesome, and good questions
Fantastic! Always a new lesson when you listen back!
Just watched this video, really interesting and all still relevant. Loved it
Great video! One of the best I've heard. Great advice
Etienne, Fantastic interview. I am a subscriber for life. Thank U and please keep them coming.
We have another one next Friday! czcams.com/video/nMCEeFN-ZUg/video.html
Are you still trading?
Awesome, Ive been thinking about moving to these higher timeframes so this is good to hear
54:18 is the Place where Paul says what "I do" and he talks about Chandelier Exit> that is the only point which all of us need to listen carefully
That was great. Thanks Etienne and Paul
Love this conversation. Thanks Etienne n special thanks to ur guest
This was englightning. You must do this more often with subtitles.
Wow - a super interview. Much appreciated.
Glad you liked it!
New trader just starting to make profit in a small way useing price action but loveing it
excellent interview , wise words, thankyou !!
VERY interesting!
FULL of useful information....
Nice. Thank you!
This is absolute gold....
Thank you have you intervew with supply demend trade cause I want to learn
Thanks!
Thanks for all your work
Wow! He is a real profitable and successful trader. Master 👍
Glad you liked the interview!
Paul is talked about having an indicator, how can I access it?
Great video! How do you differentiate between "buying high and selling higher" and just simply chasing?
Normally price leaves out footprints! Our job is to be flexible and do our own research on how to interprete those prints...
Gold! Thanks for the content!
Glad you enjoy it!
Excellent!
Thanks
Great stuff!
Thank you, Igor! Any lesson that stands out?
Great Info
Leverage have nothing to do with risk management. Risk is determined by $risk divided by SL distance= position size .
Please tell me what your reaction to the US stock markets going nuts the past several days?
Paul Langham thank you for your thoughtful response. An angry algo, huh? I can't tell you how appreciative I am of your Insider info.
Regarding the Euro and GBP, I see what you're saying. I'm going to give them a hard look. A long position on both would probably be the best way to go. Thank you again.
Blessings from Puebla, Mexico.
Epic discussion and only halfway through.
Glad you liked it!
Enjoying these vids you,re doing with real traders. There is so many kids in Lambo's !! talking BS !!
Order flow?
2023 is so promising for traders,keep on!!!!
Totally agree!
amazing content shared
My pleasure!
Trend is your friend
Why are you thinking about them u are beautiful and nice to me, you make me smile everyday if I hear your voice then I know I will be rich one day by your teaching and motivation
what is that "shandolin exit" they keep talking about? cant come up with the real name cause im not native english
Chandelier exit is an indicator
Price action
Paul surely has a few good ideas here
How would I go about finding a mentor
Here's a video on that: czcams.com/video/14INbtkzHnI/video.html
U need to start adding timestamps. Some folks cant sit thru the introduction. Just a thought
There are time stamps on all my recent videos. I haven’t manage to add them to my 1,000 + older videos yet.
when i hair the people always talking about crash yearly it seems not making sense
Exactly correct 27th December 2023..
In summary he's a trend trader. He takes many small losses and occasionally a massive win (aka Turtle Trader).
23
EA trading and a EA robot is nothing else than a trading method or strategy automated or written into mql cods;. Spikes can only do traded on their way back.
i like it how much ?
Risk management ashwani gujral trader in india
Yeah I’m a swing trader too
What are the "bank levels" specifically? You mention 1.25 numerous times as an example...
I see Mr. Langham has a video on it. ----->
Yep, in general, I see round numbers where the price has reversed as places to potentially enter trades. I did a video on those numbers too: czcams.com/video/tSscnDH7r80/video.html
Thank you for the response.
Does Mr. Langham point to the same numbers?
I can't say for sure...I'll try to ask Paul!
Etienne Crete - Desire To TRADE Thanks. Subbed, btw.
Darkness surrounds this man .
I trust him..
Because of the background? :)
@@DesireToTRADE yea
What have you taken away from this conversation?
Go for the longer trades. Monthly, weekly and daily charts. The swing trades are where it's at!
There's no need to be first.
buy high ? that makes no sence
is it me, but does most of this seem subjective?
About what subject specifically? If it’s about how to trade and think about price action. It’s spot on and he gives very useful information. His trackrecord speaks for itself also.
With his way of thinking, no need to change up tactics, indicators, etcetc depending on which market and economic news etc
If you still have room to tattoo this one on your mistress bum, please do it ASAP. From Paul: Let the big guys turn the market for you... i personally could not care less about candle formations but the one thing i a very careful about with my pullbacks is: where the big boyz able to close that 4 hours candle into ennemy teritorry? It has to feel like when we see a movie where someone is able to plant a flag in the territorry of the enemy.
I like that!
" the one thing i a very careful about with my pullbacks is: where the big boyz able to close that 4 hours candle into enemy teritorrry?" Could you pls explain or give an example
hey I'm a noob can you help me?
Jesus this etienne kid is just ripping his entire thing off from Cam from the Trading Nut podcast, all the way down to his question formatting and speech mannerisms and turn of phrases.
I've honestly never listened to his podcast so can't tell :)
Sorry mate, I never listen a trading teacher who cant proves his teaching in live trading
lol when it's the crash coming, 2020, then look at where we are 2023. Who cares about the crash....
People have been calling the crash since 2015. Ride the trend until it stops trending.
Blessings from Mexico 🙏