PRICE ACTION & KEY LEVELS ARE KEY TO SUCCESS $SPY

TopTradingEdge
20 Nov 202309:10

Summary

TLDRIn this educational video, the host discusses the importance of patience in trading, especially with price actions, and outlines key levels that can lead to profitable trades. The speaker shares a recent successful trading experience, emphasizing the need to learn from market patterns to predict future movements. They also promote their educational classes and a WhatsApp community for real-time trading insights, highlighting a recent live session where they correctly predicted a bullish trend.

Takeaways

  • πŸ“ˆ The speaker emphasizes the importance of patience and learning when dealing with stock market trading, especially with 'priz actions' which seem to be a typo for 'price actions'.
  • πŸ’‘ Success in trading involves not only price actions but also working on other areas and understanding key levels in the market.
  • 🎯 The script mentions a 'critical stage' and the importance of following the market makers' moves, suggesting that their actions can be a signal for potential market direction.
  • πŸ“Š The speaker refers to a 'weekly stock market update video' which likely contains analysis and predictions for the market, indicating the value of staying informed.
  • πŸš€ The phrase 'going to the moon' is used to describe a bullish market trend, indicating that the speaker believes the market will rise significantly.
  • πŸ“‰ The transcript mentions 'rejection' and 'poke through' which are terms used in trading to describe market behavior at key levels, suggesting the importance of recognizing these patterns.
  • πŸ€‘ The speaker shares examples of profits made during the day, highlighting the potential for significant earnings in trading.
  • πŸ‘₯ There is mention of a WhatsApp community where market updates, live streams, and trades are shared, indicating the value of community and shared knowledge in trading.
  • πŸ’° The transcript includes specific examples of profits made by individuals in the community, illustrating the practical application of the trading strategies discussed.
  • πŸ“š The speaker offers classes and a Black Friday deal, suggesting that education and community involvement are key components of their trading approach.
  • πŸ”‘ The importance of understanding key levels, market behavior, and having the right knowledge is reiterated as essential for successful trading.

Q & A

  • What is the main topic of the video?

    -The main topic of the video is education in the context of trading, specifically focusing on patience and key levels in the market for successful trading.

  • What is the significance of patience in trading as mentioned in the video?

    -Patience is important in trading because it allows traders to wait for the right opportunities based on key levels and market movements, rather than acting impulsively.

  • What does the speaker mean by 'priz actions' in the video?

    -The term 'priz actions' seems to be a colloquial or mispronounced term for 'price actions,' which refers to the study of changes in the price of a trading instrument over time.

  • What is the role of market makers in the context given in the video?

    -Market makers play a significant role as they set the prices and provide liquidity. The speaker suggests waiting for market makers to make their moves before following their lead in trading.

  • What was the critical stage mentioned in the video regarding the market?

    -The critical stage mentioned was a key price level that, once broken, indicated a strong bullish trend, prompting the speaker and others to follow the market's upward movement.

  • What does the term 'poke through' signify in the context of the market discussion?

    -'Poke through' refers to the market price breaking through a key resistance level, which is a signal for potential traders to enter the market with a bullish outlook.

  • What was the outcome of the market's action on the day the video was recorded?

    -The market's action resulted in a bullish trend, with traders making significant profits as the market continuously moved upwards after breaking through key levels.

  • How does the speaker describe the market's behavior after breaking the key level?

    -The speaker describes the market's behavior as continuously bullish, with the market going up, pulling back, and then going up again, indicating a strong upward trend.

  • What is the significance of the WhatsApp community mentioned in the video?

    -The WhatsApp community is a platform where the speaker shares market updates, live streams, and trades, allowing members to benefit from shared insights and trading opportunities.

  • What kind of educational classes does the speaker offer, and what is the current promotion?

    -The speaker offers trading education classes, with a Black Friday deal providing discounts of $100 to $250 depending on the class chosen, and additional benefits like joining the WhatsApp community.

  • What advice does the speaker give regarding the importance of understanding key levels in trading?

    -The speaker advises that understanding key levels is crucial for successful trading, as it helps identify good entry points and potential profitable trades, emphasizing the need for knowledge and patience.

Outlines

00:00

πŸ“ˆ Stock Market Education and Key Level Breakthroughs

The speaker introduces the video with a focus on education in stock trading, emphasizing the importance of patience and recognizing key levels in the market for potential profits. They discuss the role of market makers and the significance of following their moves. The speaker refers to a previous video where they highlighted a critical stage in the market and the importance of watching for market direction. They illustrate the concept using a chart from November 15th to 17th, showing how the market tested and eventually broke through a key resistance level, leading to a bullish trend. The speaker encourages viewers to learn from these patterns for future opportunities.

05:01

πŸš€ Profitable Trades and Community Engagement

In this paragraph, the speaker shares their experience and the community's success in making profitable trades based on market movements. They mention specific trades taken at certain times with timestamps, showcasing the profits made by themselves and others in their community. The speaker promotes their educational classes and a Black Friday deal, offering discounts for joining. They invite viewers to join their WhatsApp community for updates and live trading insights. The paragraph concludes with an emphasis on the importance of understanding market patterns, such as key levels, rejections, and breakouts, which are crucial for successful trading and profit generation.

Mindmap

Keywords

πŸ’‘Education

Education in this context refers to the process of acquiring knowledge or learning about a particular subject, such as stock trading. The video's theme revolves around educating viewers on how to understand and navigate the stock market effectively. The script mentions 'education' as a component of success in trading, emphasizing the importance of learning patience and understanding market patterns.

πŸ’‘Patience

Patience is highlighted as a crucial attribute for success in trading, as it involves waiting for the right opportunities without rushing into decisions. The script suggests that patience is required when dealing with 'priz actions' (likely a mispronunciation or typo for 'price actions'), indicating the need to wait for market movements to confirm before making trades.

πŸ’‘Price Action

Price action is a term used by traders to describe the movement of a security's price over time, reflecting the market's supply and demand dynamics. In the script, the speaker discusses price action as a key component of successful trading, using it to identify potential profitable trades and to demonstrate how the market behaves at certain key levels.

πŸ’‘Key Levels

Key levels are specific price points in the market that traders watch closely because they often represent areas of potential support or resistance. The script mentions these levels as areas where the market has historically shown significant reactions, and breaking through these levels can signal a strong trend, which traders can capitalize on.

πŸ’‘Market Update

A market update is a report or analysis that provides information on the current state of the market, often including trends, news, and predictions. The speaker references a 'weekly market update video' as a source of information that viewers can use to stay informed about market conditions, which is essential for making educated trading decisions.

πŸ’‘Market Maker

Market makers are entities or individuals that facilitate the trading of securities by providing liquidity to the market. In the script, the speaker advises viewers to follow the actions of 'market makers' as they can influence the direction of the market, suggesting that observing their moves can provide valuable insights for traders.

πŸ’‘Bullish

Bullish refers to a market sentiment where traders believe that the price of a security or the market as a whole will rise. The script uses the term 'bullish' to describe the market's behavior when it breaks through key resistance levels, indicating that traders should expect an upward price movement.

πŸ’‘Profit

Profit in the context of trading refers to the positive difference between the purchase and sale price of a security. The script mentions several instances of making a profit, such as '$1,500 profit' and '$5,000 profit', demonstrating the potential financial gains that can be achieved through successful trading strategies.

πŸ’‘Bull Cycle

A bull cycle is a period of time in the market characterized by a sustained upward trend in prices. The script suggests that after the market breaks through key levels, it enters a 'bull cycle', which implies a prolonged period of potential gains for traders who correctly anticipate and participate in this trend.

πŸ’‘Community

In the context of the script, a community refers to a group of like-minded individuals, often traders, who share information, insights, and support each other. The speaker encourages viewers to join their 'WhatsApp Community' for market updates, live streams, and trades, emphasizing the value of collective knowledge and experience in trading.

πŸ’‘Technical Analysis

Technical analysis is a method used by traders to forecast the future price movements of securities based on historical market data, primarily price and volume. The script mentions 'technical' as a way to understand what the market is doing, suggesting that viewers should learn to analyze market patterns and key levels to make informed trading decisions.

Highlights

The video discusses the importance of patience in trading, especially with priz actions.

Priz actions are identified as a component of success in trading, alongside other areas of focus.

Key levels in the market are emphasized as they can lead to profitable trading opportunities.

The presenter shares a personal trading experience with significant profits.

The video references a previous market update video for context.

Market makers' movements are highlighted as crucial indicators for trading decisions.

The concept of 'poking through' a market level is introduced as a bullish signal.

A live recording is mentioned where the presenter announced a bullish trend.

The presenter explains the importance of understanding market behavior for successful trading.

The video showcases a WhatsApp community where trading updates and live streams are shared.

The presenter details specific trades taken during the day with substantial profits.

A Black Friday deal for educational classes is promoted, with discounts offered.

The video emphasizes the value of education in trading for better market understanding.

Technical analysis of the market is provided to illustrate key trading strategies.

The presenter invites viewers to join a daily live session on YouTube for further insights.

The video concludes with an invitation to join the presenter's community for more trading guidance.

Transcripts

play00:00

welcome to toping folks today's video is

play00:03

about education so uh there are many

play00:08

priz actions which prints good amount of

play00:11

money but it also ask for the patience

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and we all need to learn the patience

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with the priz actions if we use so priz

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action is one of the component of the

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key to success along with it there are

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other area we also need to work on

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certain key levels but those key levels

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whenever we hit we do print money so

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today uh the video which I'm about to

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show you and how it works and there are

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certain area where it could happen

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similar situation in future also but we

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all need to learn that's how we print

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money today today I was get going

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smaller size right today I was we were

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going smaller size right here but we

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printing money today right he's printing

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money $1,500 profit $1,700 profit $5,000

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profit but it was going great today so

play01:02

point is here we all need to learn how

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it was happening and then if anything

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happens in future then we can use it so

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let's learn what exactly happen so folks

play01:12

you all remember that uh first let me go

play01:15

back to

play01:17

the the previous video right weekly

play01:21

market update video so I did mention

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yesterday okay so all this setup

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whatever Market did we mention in market

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update video yesterday Sunday night made

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the video which is recorded on YouTube

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right here weekly stock market update

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video which is on

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Sunday in fact I can show you right here

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you see this this is the video weekly

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stock market update video which is this

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and let's play what I

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said at the middle of the but anyway now

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we are at the critical stage here we

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want Market this smart manone are right

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now

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battling we need Market Mak to go first

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we need a big guns to go first whichever

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direction they could go we will go right

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after them so keep this thing in in a

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mind right here this two area right here

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okay so we're going to keep it in mind

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and this is the so you whichever

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direction they would go after them we

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will go right 450 right here that was

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the area which I mentioned right here

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once we break that market going to go

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right so what exactly happened folks

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here let's understand understand that

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part

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now right here these are this is

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probably on 15th November 16th November

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17th November right this is the Friday

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right here now as you can see key level

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every time Market came here folks let's

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take a look at it let's learn

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this

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rejection this is pre-market rejection

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but in the market rejection so every

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time we came here got a rejection now

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pre-market also we got a little

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rejection that's okay okay now over here

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is important part two let me cancel this

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over here we need to learn let

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me so Market poke through right here you

play03:13

see that market poke through and boom

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boom boom and then pull back retest

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remember retest and then went to the

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moon so here is the video when we were

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live when Market poke through right here

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live

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today what did I say

play03:31

this is bullish folks right here all

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right now let's see how much Bulls are

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here this is not a pullback um this is

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not a bearish now okay this is bullish

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Market wants to go to the Moon that's

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what is all about now they want to buy

play03:45

today you heard what I was saying that

play03:47

market wanted to go to the Moon that's

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why I I I was saying that in the live

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too so people who understand those who

play03:54

took the class or understand that how

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this thing Happ what is the value of

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these things and see how Market went

play03:59

right

play04:00

and see what my running commentary was

play04:02

with the live the the

play04:10

game there is no weakness now Market

play04:13

Market wants to go you heard there is no

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weakness Market wants to

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go so plan accordingly so plan

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accordingly right you

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heard over here I don't see a market

play04:27

bull trap okay I don't see a bull trap

play04:29

because this is the critical Junction

play04:30

folks this is the critical Junction what

play04:32

Market broke today right which I

play04:34

mentioned in yesterday video so now

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their agenda is to take take take it to

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the moon so what does it mean there'll

play04:40

be bull cycle bare cycle blah blah blah

play04:42

and then continue slowing slowly slowly

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upwards so if anything you heard

play04:47

continue slowly slowly upward bull cycle

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be cycle will continue slowing upward so

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this is the bullishness right here which

play04:53

I announced in the live recording

play04:56

diversion comes be careful it could be a

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smaller you know what I mean it could be

play05:00

a smaller also there will be bearish

play05:02

divver but it be smaller like that I was

play05:05

saying that okay anyway so this is the

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video which at the time when we were you

play05:09

know I mention about it and then what

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Market did after that is the story pull

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back Market went up pull back Market

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went up pull back Market went up pull

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back Market went up and continuously

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Market did that and then we all had a

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great time including everybody so for

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example in the morning time look at the

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time stamps so this is our WhatsApp

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Community FKS we have

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where I post my market update videos and

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live stream videos and as well as the

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trades also so this is the trade I took

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at

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950 right here print some

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money that's $1,500 right

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there and then everybody was taking the

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trade then I also I took another

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trade right here at

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10:34 I take profit folks okay other

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many people hold it so $1,400 profit

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right there some people also traded

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right here uh then then another $700

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profit then somebody made a 272

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159% like right there Then another 7

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$1,700 profit right there this is this

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is at 1:00 look at that call all right

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there smaller size I was playing 10

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contract folks right here but that's the

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another trade and then this is

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$500

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then also people are right here $5,000

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profit I took a little bigger size 10 10

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contract right here at 2:00 153 that

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printed over a $5,000 I print in that

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right and then somebody 70% profit right

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there everybody posting that things

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somebody printed 1100 great job so this

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is the community folks also you can also

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join the community how to join I can

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bring it to you so I'll explain you the

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technical but before I go to uh the so

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these are the classes folks I offer to

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you know I always recommend everybody to

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educate folks and join the community

play07:10

right right now we have the deal going

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on for the uh Black Friday deal so every

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class you take there $100 250 depends on

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which class you want to take and these

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are the prices for the classes right and

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on top you get a discount but this is

play07:24

the where you can join WhatsApp

play07:25

Community you can scan the code you can

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join on there the description has a link

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you can use that also to join the

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community but when it comes to technical

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folks so let's understand what Market

play07:35

was doing right here this is your strong

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Supply but what happened is several

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rejection folks right here and Market

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poke through and that's the reason I

play07:44

said in the video that if Market pokes

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through folks this one right here we

play07:48

going to go to the moon right and that's

play07:51

why we traded today and it was keep

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printing money right here you saw what

play07:54

are the money everybody was printing

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whomever would be but if you know know

play07:59

early folks remember we already knew

play08:01

early on Sunday not today we made this

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video on Sunday and this is how we print

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so so what we learn out of this these

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are the key levels folks these are the

play08:12

key levels you need to understand which

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are the process of so many days right

play08:17

those key levels

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Market breaks right that right when

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breaks test and rebounds these are the

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good entry folks you know how much money

play08:29

people could print right here and you

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can continue with the things and you can

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see right here sloping support right

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here higher high higher low higher high

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look at that market was continuously

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bullish today right and this is how you

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print money but it's all about the

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understanding knowledge and patience

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right and that's how we print the money

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so if you want to join the community

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folks we I'm going I go everyday live

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folks on YouTube right here look at that

play08:58

seven hours

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every day live free of charge on YouTube

play09:01

join the community 9:30 to 400 p.m. all

play09:04

right so see you guys tomorrow morning

play09:07

9:30 all right thank you bye

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