Intro to Technical Analysis pt. 1 &2
Hello, my name is Scott Mele you can google me, I actually prefer you to. I have acquired savant syndrome. I had a traumatic brain injury that gave me a talent when prior to it, I had none. I was able to start painting immediately near realistic like portraits. Not only that I was able to see things in the market, that I couldn't before.
Over the last 4 years I have spent 10k hours looking at price action and letting my acquired savant syndrome push and pull me information about what I was seeing. This might be out there and hard to believe, but I am not here to give you a neural science lesson.....I am here to share with you what I learned over my 10k hours in trading.
Trust me when I say its nothing like anything you have ever seen anyone else talk about. That Said I try to dumb down to a point that seems familiar in the way its heard so that you have a better chance at grasping what I am conveying. I spent the first 2 years looking and making rules on what price was showing me in live trading sessions. Then I studied Wyckoff methodology to gain a technical aspect of what was really going on. Then I joined several clubs to call trades and train other people so that I could truly understand what real traders deal with. Mostly because I had no concept of what the avg. trader was going through.
That said, come to find out we are all dealing with the same monsters in the end. Technical analysis is very helpful in ironing out the wrinkles but where it isn't very helpful is changing a trader that isn't profitable into becoming a full time trader. So keep that in mind when you watch these videos. Its a piece to the puzzle, and everyone is different maybe its the final piece in the puzzle that is you and your trading career.
In these 3 videos I cover the basics of price action and techincal analysis with a focus on just the candle and the candle right next to it. I try not to venture to far away from that although I do tend to get off track and give away some secrets here and there. Which is why I decided to put these videos here and not for free somewhere else.
There are some nuggets in here that can make you a profitable trader all by itself if you already have a solid base. There are some bits of info or setups in here that if added to what you already use could turn a $100 trade into a $1000 trade. I know because I slipped up while making these and spilled the beans on parts of my trade set ups.
So please watch these videos, google my name. Put to use what I show you. And if you truly better your trading just off these 3 videos. Come back and take a look at some of the more advanced stuff I will be releasing soon. Also refer a friend if you like my content Thank you.
Scott Mele
aka w84it
aka iCantw84it
Happy Trading
Intro to Technical Analysis pt1 , 2, 3 covers mainly Basic Candle Stick Analysis but also covers psychology. When I say basic I dont mean the garbage you see all over youtube, otherwise I would have posted it there. I go on rants and tend to divulge somethings I shouldnt, so truth be told thats why its here. Its my first of these and I plan to go deeper on each one but you need to know and understand my lingo and what I am talking about. And this does a great job setting that up. Below I will list some additional details and you might ask why I valued them the way I did. Simply because if I gave you all the info that links them together its what turns a $100 trade into $1000 trade that I take everyday. So in bits in pieces like this, its not as simple as me saying do this so its worth half what I would make in a trade on the NQ with 2 contracts.. If you value it so high, why don't you charge more? Truth be told this isn't even the info I want to convey this is the primer to the info I want to talk about.