Welcome to the final class. This is
going to be the final class that you
will need to watch in your whole entire
trading career to understand how to
trade. I'm talking about in this 10hour
video, I am literally going to teach you
from zero to 100%. From the point that
you are literally going to be able to
execute a trade with me inside of this
video live. Whatever I do on my phone,
you pause the video, you do it on your
phone. Whatever I do on my chart, you
pause the video, you do it on your
chart. I'm going to take you through the
most stepbystep process that I have
personally ever created or ever even
seen online on a complete tutorial on
how to teach you trading from zero to
100%. This is everything in one spot. I
swear to God, I wish I had this video
when I started my trading journey back
in 2019 2018 when I was learning how to
trade online. Nobody created tutorials
like this. There was a bunch of
different videos throughout the whole
entire internet and I kind of had to
piece them all together. And by the time
that I pieced them all together, I
simply had an information overload and I
didn't know what I actually needed and
what I didn't actually need. In this
video, I'm going to teach you everything
that you need and I'm going to briefly
explain to you what you don't need so
you don't have to simply waste time on
it. Because the truth of the matter is
that right now in trading, everybody is
having a massive opportunity to make
money online. the more time that you
waste having the lack of knowledge and
not having the proper education to go
and trade, the more time you are missing
out on these profits. So, I'm going to
make everything on this one video, so
all you have to do is just watch it from
zero to the end. You're going to know
exactly how to be able to go out there
and execute trades live in the market.
Now, I have really been thinking about
doing this video for quite some time. I
just haven't had the time to actually
get it done. But, when I actually now
decided to get this video done, I wanted
to this be more than just an information
overload video. Like I wanted you to
practice this in real time. You're
actually able to go out there and
execute live based off off of this
video. Something that you actually get
value from and you're actually able to
go out to the market and properly do it
for yourself. Now, you're probably
asking, who is this guy that's going to
be talking to me for the next 10 hours
and is he even a reliable source? I've
been trading the currency market for the
last seven years, and it took me about
three years to become a profitable
trader. I was two and a half years
trying to figure out how to make money
online when it comes to trading. And
after two years of watching endless
amounts of videos and failing, I finally
figured it out. But it really wasn't
always about trading. I first wanted to
make money online. But before making
money online, I was working at Dunkin
Donuts. Before working at Dunkin Donuts,
I worked at Crocs, Arab Postal, Sant's
Enchanted Forest, and I even tried to
get a job at a Valley parking, but I
never got hired. I was just a regular
high school student that got out of high
school and did not want to go work the
regular 9 to5. I wanted to get out of
high school and become a successful
person. I wanted to become a
millionaire. I remember as the semester
was finishing, my professor came up to
me and he woke me up from an nap and he
was like, "Hey, just letting you know
right now, you could not come back
tomorrow or not even finish this
semester, even if you were to ace every
single one of the next tests, you're
still going to fail the class." And I
said, "You know what? Thanks, man. You
just saved me the next two months of my
life cuz I was going to keep coming in
here and falling asleep." Fast forward
for the next two months. I kept going to
campus because my parents were tracking
my location and I had to go to school
because they would, you know, kick me
out of the house, ground me if I wasn't
going to school. And I was going to
school to just figure out how to make
money online. I was figuring out a way
on how to do drop shipping, which I
tried to buy multiple different
products, but my credit card limit
wasn't enough. So, I couldn't have
enough inventory. Tried that for a
little bit, dabbled with it, never had
success. And then I tried Airbnb
arbitrage. So on my free time, as soon
as I finished work and got out of the
school, just sitting in the library
trying to figure out how to find the
good properties for Airbnb arbitrage, I
realized that when I did find a good
property, I didn't have the proper
credit and have the bank statements to
sign a lease so then I can subleasase
it, put on Airbnb, so on and so forth.
And I pretty much wasted about 6 months
of my life trying to make money online
when it came across, you know, these
different businesses. And then one day,
one of my friends invites me to this
event where they're teaching trading.
I'm like, ah, dude, I've heard of this
stuff before. Supposedly, it's a scam.
It's not real. Said, "You know what?
What's the worst that can happen? I lose
100 bucks. Really, all I have at the
time to risk on this." I go to the
event. I get sold on the whole entire
MLM product, multi-level marketing. And
uh what that really did is that it
opened the doors to what trading is and
the possibility that it actually has. I
was there for probably 30 days. I
realized that these multi-level
marketing companies don't teach you how
to trade. They just teach you what it
is. But that opened the gates for me to
actually go out there and try and figure
it out. So I tried to go on with stocks
and I realized in order for me to
actually create a account in a stock
market or with the stock brokers for you
to actually go trade, it was a minimum
of 25,000. That was back in 2018 2019
when I was starting to trade. I didn't
have 20,000 $25,000 to open up a trading
account. So then I heard that there's
this forex market, foreign exchange
where the entry barrier is 100 bucks, 50
bucks, and you have leverage up to 1 to
1,000. And then there that means you
have a lot more buying power in your
money. The markets are open 245 compared
to the stock market. They're open 9 to5,
5 days a week. I said, you know what,
this is a lot more attractive. Let me
actually go head first into this. And
little did I know that I was going to be
walking into one of the longest,
darkest, and loneliest journeys that I
have ever been. And that journey began
by myself in the library at Miami Day
College campus. I was a whole entire
year going to Miami Day College campus.
Instead of me learning English or
learning mathematics or whatever they
were teaching me in criminal justice, I
was learning what the foreign exchange
market was, watching endless amounts of
videos on YouTube, buying different a
bunch of different courses trying to see
if it all worked, where it all came down
to one simple thing. And all of that I'm
going to be teaching to you guys in this
video completely for free. and it's all
going to be in one spot. I had to piece
so many different videos together that
literally that is probably what took the
most amount of time getting all the
information that was on the internet,
hearing the same thing seven different
ways, realizing I'm watching the same
thing from a different person, saying it
in a different way, and then having to
minimize all that information for it to
come down to one thing. And that is
exactly what I'm going to be doing in
this video today. And it almost feels
like it went by extremely fast now that
time has gone by. But after 6 months of
me just trying to put all this
information together, lost a couple
thousand dollars. Another 6 months went
by and then I was supposed to be
graduating from college, getting my AA
on pretty much year two and my parents
realized that I was not going to college
and there I had to pretty much break
through the news that I was doing this
whole trading stuff and I was probably
about a year in year and a couple months
in and I was so deeply invested that I
had no other choice but to continue to
go. There was no way I was going to
continue in figuring out a different way
on how to make money online once I've
already invested a whole entire year
into this. And things were starting to
click, or at least I thought they were
at the time. So, I basically broke the
news to my parents. I said, "Hey, I'm
trying this whole trading stuff. I need
you guys just to give me some time to
figure it out. My parents did not
believe in me. They weren't supportive
of it. And I wouldn't either. I have old
school Cuban parents that they barely
know how to use WhatsApp. They don't
speak English. They honestly just all
they understand is work on a regular job
and that's how you're going to become
successful. It's not their fault. They
were raised differently. But I knew that
there was different ways on how to make
money in this world, especially online.
So after about a year and a half, my
parents aren't supporting me. I'm just
kind of living there at the house. I'm
literally trading from my mom's closet.
We have a closet downstairs and I'm just
trading out of that closet. And I'd say
probably for the next six to eight
months, it was a battle in between
myself and understanding the actual
markets. So now I know exactly what
trading is, how it works. But now I'm
just trying to figure out these patterns
and if there really is one behind it.
And I'd say after 6 months, it got to
the point where I was seeing the
patterns. I would see things happen over
and over again. But I just wasn't
entering at the exact point. I was
either entering too late, I was entering
too early, and I was probably closing
out my profits too short, my stop losses
were too tight, I was just doing a lot
of minor mistakes that accumulatively
made me a unprofitable trader. Right
around the 2-year mark, my parents once
again are pressuring me, what am I going
to do with my life, and I just kept
asking for time, still working at Dunkin
Donuts, dabbling other jobs, but I'm
trying to dedicate as much time as I
possibly can to trading. Now, at this
point, I seek some different types of
more serious mentorships. I understand a
little bit more. You know, you need act
an actual strategy for you to actually
become a profitable trader. And right
around the 2 and 1/2 year mark, I went
from losing consistently for two and a
half years to having my first ever break
even month. I'm like, whoa, I think I
might be doing something right because
you know what? This month, I didn't blow
any accounts. I didn't lose any profit
accounts. Like, I think I'm on to
something. The month after that, so two
months, two years and about seven
months, I had another break even month,
but a little bit slightly in profit,
probably 1%. And then the month after
that, I was in profit 10%. I went from
being an extremely unprofitable trader
to then a break even trader to having my
first profitable month. All of that in
the span of nearly three years. And in
this video, I'm going to shorten what I
learned in 3 years, all of the mistakes
that I did, all the unnecessary
information that I had in just a one
class setting. This is going to save you
guys so much time, so much headache that
I can't even I wish I had this when I
got started. After my first profitable
month, everything literally just
clicked. I started going from break even
months to a profitable months to then
just this becoming the new normal. All I
had to realistically do was look back at
my actual winning month and be like,
what did I do right there? If that's
what worked, let me just double down on
it when I see it again and then again
and again and again. And then you fast
forward for another year. So I'm about
three and a half years into my journey.
I am now a full-time trader. I think on
my third year, three month three years
and one month, I left Dunkin Donuts,
left my job, and I'm now just a
full-time profitable trader. Told my
parents that it's actually working.
They're seeing the money. they're
believing it. And then right around my
fourth year, I decided to just start
posting on social media because, you
know, that was the only way to pretty
much meet people as a trader cuz if
you're a trader, you're kind of in an
office like this. You're just home 24/7.
You're never going to really engage with
anybody cuz you don't need to go out to
a social setting for anything.
Everything you could just do it from
home. And all of my friends that I had
in my journey as I was learning trading,
all of my high school friends, I pretty
much separated myself from them because
they didn't believe in my journey. They
didn't understand what it was and they
were causing me so much stress trying to
convince them of what it is and that
it's actually possible that it was
distracting me from the journey. So, at
this point in my journey, I'm really by
myself and I'm just trying to open up my
doors to new people, just meet people,
maybe meet some new girls, attract
girls, cuz I'm realistically just making
a decent amount of money by clicking a
couple buttons and I have so much free
time throughout the day. And like a
hurricane or like a snowstorm or
whatever you want to call it, it just
blew up. I started posting, you know, I
bought my first supercar, which is an
Audi R8. I started posting profits. I'm
making a couple thousand dollars every
single day. And out of nowhere, this
created this massive community of other
people wanting to learn how to do the
same thing. The questions that I was
getting asked were pretty simple
questions. And I decided to say, you
know what? Let me just start helping
people. And I just started posting
YouTube videos. And fast forward another
three, four years, and we're here where
I arguably think I have one of the
biggest trading communities in the
industry. And I have helped thousands of
people all around the world and
shortened their learning curve from
years to months and gotten people to
make tens of mistakes a day to maybe one
a week and then them learning from that
and using those losses that they avoid
to optimize and actually be able to risk
the correct amount of money on the right
markets. So it all went from being a
unprofitable trader by himself to then
developing a skill set without even
knowing it, posting it accidentally on
social media. it blowing up and now to
the point where I just changed traders
lives all around the world and now this
video is for you. And the only reason
why I gave you this whole entire
backstory is so you understand at the
point where I am right now in my
journey. I have so much free time that
all I generally have passion about right
now is just helping other people. I am
literally dedicating more than 10 hours
to make this video for you because this
video is going to probably be 10 hours
and I'm done with it. But for me to
record it, for it to all get shortened
down to the point where I probably put
20, 25 hours into this video, I'm doing
this for you. So, all I ask for you is
to literally only focus on this video.
And if by the end of this video, you did
not learn anything. You have absolutely
no value. Hit the unsubscribe button,
block me, never look at me ever again.
Don't believe me. But I am putting so
much time and so much effort into this
video because I personally really do
wish I saw one of these videos when I
got started in my journey. So if you
have any question, if you have any
concern, just go back, pause the video,
write down notes. If I were to show you
the amounts of notes that I took when I
was learning in my journey, I think I
wrote down the same thing 15 different
times because I was watching 15 of the
same videos just in different ways from
different people. And that confused me
so much because everybody would say it
in a different way. And what I can
guarantee you is in order for you to
become a profitable trader like me,
there is no other video that you need to
watch online, including my own, because
this video is literally going to teach
you every single topic, every single
subject that you need to know to
understand the markets exactly that I
do. Once this video is finished, the
only thing that separates you and I is
going to be experience. And that is
what's going to lead you to become a
profitable trader. So right now, if
you're driving, if you're at work,
you're on a lunch break and you started
this video, make sure you pause it, put
a bookmark on it, and come back to it
when you're ready to sit down and
actually focus. Do not halfass this
video. Do not put it on 2x. The points
of trading is for you to take your time
with it. This is a marathon, not a
sprint. And you attempting to learn this
information faster is actually going to
slow you down because you're trying to
speed things up and get all this
information as fast as you can. It
actually slows you down because you're
not going to process it and understand
it and you're going to have to come back
and watching it again. So, it's going to
actually take you double the amount of
time. No matter how fast you want to
learn this, it takes time. It takes
repetition and you need to understand
this is a brand new language. And a
perfect analogy that I can put is let's
say you're going to go build a house and
the same day you buy the land, that same
exact day, you have the builders, you
have the plumbers, you have the roofers,
you have the carpenters, you have the
landscapers, everything. You cannot have
the roofers put on the roof if the
builders haven't even built up the
walls. You cannot have the gardeners put
up the garden if they haven't finished
the construction. You're going to mess
up your garden. Everything is a
stepbystep process and it takes time.
And that is exactly what this video is
intended to do. It's intended to go step
by step in the correct order and for it
to be taken my time for me to explain to
you so you understand it at the correct
time. Now, with that being said, let's
officially begin this video. And if you
are not 100% ready to write down notes,
if you don't have your notepad out, if
you're not in a calm setting, if you're
not locked in, you don't have your
headphones in, do not watch this video.
Click the pause button and come back
when you're ready. It's going to be a
lot more effective that you watch this
video when you are 100% prepared to
actually watch this video so you take a
notes effectively and you understand
everything effectively. So with that
being said, let's begin. So what is this
trading stuff? What is this forex? What
is this stocks? What is this crypto
indices, commodities, futures? What is
this charts? What is trading? Well, I'm
sure we've all seen charts, right? This
is what a chart is. chart is when
something goes up or something goes
down. You've probably seen it either on
an actual candlestick format like that
or you've seen it on a line chart like
this. These are different ways on how
the markets are seen. You can see it on
a line chart. You can see it on a bunch
of different ways. And don't worry,
we're going to get into all of those
different ways in just a second. But
what exactly is trading? Well, trading
is when you're literally doing what it
says. When you are trading, you're
trading one thing for another. Now, some
people think when it comes to the forex
exchange market, the foreign exchange
market, that you're actually trading one
currency for the other. Some people
think that, oh, the euro and the dollar,
you're actually buying the euro and
you're exchanging it for the dollar, or
you're selling the dollar and then
buying the euro. At no point are you
ever actually doing that. You're
essentially just betting that
something's going to be going up or
something that's going to be going down.
We're going to get into all of that in
just a second. Now, before I actually
get into the charts and I show you how
to actually read the markets, I first
need to teach you and educate you on the
actual markets. What are these markets?
What do they consist of? How do like
when I actually buy a currency, am I
actually owning it? Like, do I actually
buy the euro? Does that mean that I own
the euro? If I actually were to buy
gold, does that mean that I actually own
gold? If I were to trade the NASDAQ, do
I actually own a piece of a company? So,
let me break down these actual markets
and what they consist of, right? So
right here we're going to have all of
the main markets that are going to run
the trading industry or the trading
niche. And these are in order. The first
market is going to be the foreign
exchange market also known as the forex
market where every single day it moves
anywhere from 7.5 to 8 trillion on a
daily basis. This is not only the
largest market in the world but is
actually decentralized and it is open
245. Now when I started trading in 2018
2019 I remember reading this exact same
sentence right here and it was anywhere
from five to $6.5 trillion. The fact
that in just five six years this has
nearly almost added $3 trillion into
trading volume is absolutely absurd to
me. This just shows the amount of
opportunity that is inside of the
foreign exchange market. So the beauty
of this market is that it is available
245. You can pretty much trade it
whenever you want throughout the week.
And that is the beauty of the foreign
exchange market. It is the most volatile
market, has the most opportunity in it,
and it is available the most out of any
single market. Next is going to be the
stock market, which you've all heard of
the New York Stock Exchange. That's
where people would trade on the trading
floor. And this is where the global
stock market trade. And it's anywhere
from 200 billion to 300 billion on a
daily amount. So you can realize the
magnitude and the size of the foreign
exchange market. It is nearly 15 times
bigger, 20 times bigger on a daily basis
because you're trading every single
currency in the world. Right here in the
global stock market, you're pretty much
just trading around the US, mainly
around the NASDAQ and all of these other
different USA companies. Next we have
the commodity market which is going to
consist of futures, oil, gold, wheat and
the daily volume from this can vary in a
couple of billion dollars but it's
around a hundred billion on a daily
basis. Now when you go trade the
commodities markets when you go let's
say you're going to go buy gold for
example doesn't mean you actually are
going to own a piece of gold. You're
just betting you're basically betting
with the markets that gold is going to
go up in price. That's pretty much it.
When you go buy oil or you go sell oil,
at no point are you actually owning any
oil. It's all digital currency. It's all
money on the screen. They're basically
making an educated bet if this market is
going to go up or it's going to go down.
At no point do you ever own anything
when trading any of these markets except
the cryptocurrency markets. The
cryptocurrency market has an average
volume of 100 to 200 billion in day
trading volume, but it is extremely
volatile and is mainly controlled by
Bitcoin and Ethereum and a couple couple
of other stable coins. Now, obviously
the problem with cryptocurrency is
there's, you know, no centralization
around it. It's completely
decentralized, very much how it is when
it comes to the foreign exchange market.
But these currencies are backed by
countries. They've been backed by
hundreds of years. The crypto market is
still fairly new. It's been around for,
let's call it, 20 years at the max, 25
years. And it's something that is
completely decentralized. And when you
actually trade a cryptocurrency, let's
trade, say you're trading Bitcoin,
Bitcoin, you actually own it. If you
trade Bitcoin and it goes up, you make
money with it. If you trade Ethereum and
it goes down, you lose money with it.
Same very similar how it works with the
foreign exchange market. But when you're
trading the foreign exchange market, at
no given point, you actually own some of
the actual currency. I can say I'm
trading EuroUSD. At no point do I
actually own Euro or do I own USD? So
all of these I'm going to go into great
detail of how you can actually trade
them, which ones you should be trading,
which you shouldn't be trading, and how
you can actually build a profitable
strategy to actually trade on these
markets. These are going to be the main
markets that are going to be out in the
markets and that you should have any
interest in trading them. Any markets
inside of these, they simply don't have
enough trading volume. And if they don't
have enough volume, which is big numbers
like this, the odds of you becoming a
profitable trader are much more
difficult because lack of volatility
means lack of opportunity. You want to
make sure that you are in a market that
has a fair amount of volatility, not too
much because then you're prone to
getting major losses and all of that.
I'll explain later into the video as
well. But you want to make sure that you
have a decent amount of volatility so
you can have good opportunity to
actually make money when it comes to
trading. But I personally have been
trading the foreign exchange market for
the last 7 years successfully and lately
I've been dabbling a little bit with
commodities and I just have been
investing into crypto when it comes to
long-term. This is my form of an asset.
I would much rather put multiple six
figures into a digital currency where it
can make me 20 30% annually compared to
putting it into real estate where let's
say it can make me those same returns
but I have to deal with less headache.
I've never personally traded the stock
market just because I am not interested
in trading in a market that does not
have anywhere near as much volume or
availability as the foreign exchange
market. I've traded the NASDAQ. I've
traded the S&P 500 and all of these
other stock markets. And you can also do
that in the foreign exchange market. And
all of that we're going to be breaking
that into this video. And we're going to
be actually taking a trade together.
You're going to be able to pause the
video, look at the profits or losses on
your actual end. And then you're going
to be able to have an clear
understanding of how to actually do this
for yourself. And now before we get
right started into what is actually
trading, I want to bust every single
myth that is out there online. All of
the myths that my parents thought that
this was that even including myself
thought this was or just the people that
have an opinion on something that
they're just simply not educated on. And
there's nothing wrong with having an
opinion, but it's always good to get
educated on it. So I'm going to bust
every single myth on what trading isn't.
Trading isn't a Ponzi scheme. There is
Ponzi schemes out there on people
creating systems around trading. That is
entirely true. But trading itself is not
a Ponzi scheme. Like people are just
essentially betting that something is
going to go up in value or that it's
going to go down in value. If it goes up
in value, people make money. If it goes
down in value, people lose money. That
is what trading is. So no, it's not a
Ponzi scheme. Also, in order for you to
actually become a trader, you don't need
to be a mathematician. You don't need to
go to college. You don't need to get a
degree. You don't need to be a genius.
To be fair, I graduated high school with
nearly a 1.7 GPA, I think it was, or a
2.0 GPA. I can't even remember what it
was. I barely passed high school. I
failed at college. I was not the
smartest kid in class. But what I did do
was show up every single day to try and
figure this out. I had a driving mindset
that was going to lead me to success.
But I did not know what was the root
square of 75 when a car is driving at 50
miles an hour and x equals 5. I have no
idea to this day what that is and I
don't need to and I've had two Bugatti.
So I think I've done very well. Trading
is not something that you need to have
habits for. You don't need to wake up
every single day and meditate. You don't
need to wake up and light up a candle,
read a book, set a certain light, all of
that Instagram, Tik Tok stuff. That is
not real. You do not need any of these
morning routines in order for you to
become a successful trader and
understand how to read the markets. I
can be looking at the markets in front
of my computer. I can be looking at it
on my phone about to board onto a
flight. I can be looking at it while I'm
driving, while I'm at the beach, while
I'm doing anything. All I need is a
screen and decent amount of internet and
I'm able to go ahead and look at the
markets. You don't need to set up a
whole entire ambiance around me to
actually read and understand the
markets. If you know how to read it, you
know how to read it. And trading isn't
also something that a lot of people
think like, oh, we're going to wait for
price to come all the way to the bottom,
so we buy. We're going to sell all the
way at the top. We do not try and
predict tops or bottoms. Actually, on
the complete contrary, I want the market
to be moving up very aggressively and I
want to buy with that market. The trend
is your friend. I've had that quote on
my desk, I think, for seven years. The
trend is your friend. I am not here to
create a trend. I'm not here to break a
trend. I'm here to trade with the trend.
What do you think is easier? To swim
against the current or with it? And here
in trading, we are here to swim with the
current. At no point are we ever trying
to predict something when it hits all
the way at the bottom and then we buy or
something when it hits all the way at
the top and then we sell. We trade with
the trends. And another one of the
biggest misconceptions that people have
is that they think that they need to be
in front of the markets all day in order
for them to actually read the market and
become a profitable trader. Do you need
to be in front of the markets for a long
period of time for you to actually
understand how the markets move? Yes.
But once you get it, you don't need to
be in front of the markets every single
day. Another one of the biggest
misconceptions that traders have or
people in general when they get started
into trading is that you need to be in
front of the markets all day every
single day in order for you to be a
trader and a profitable trader. That is
that cannot be further from the truth.
The less amount of time that you spend
in front of the markets, the more amount
of money that you're going to make. It's
very counterintuitive because at the
beginning you actually need to spend a
lot of time so you can learn and
practice it. But once you understand the
skill set, then you don't need to be in
front of the markets all day every
single day. It's like when you're going
to go learn a language, let's say you're
going to learn Chinese, for example,
it's your first time learning Chinese.
Are you going to have to spend more time
than the regular person that wants to
learn Chinese in the class? Yes, you're
going to have to spend more time. But
after you learning Chinese and being in
the class for an extra hour every single
day for the last six months, it gets to
the point where you no longer have to be
in class for you to understand Chinese
and to perfect it. You could be
listening to some music. You could be
interacting with people on the street.
That is where you practice it and you
perfect it. And then you don't need to
speak Chinese every single day in order
for you to master and perfect it. You
just need to make it part of your normal
routine and it just becomes second
nature. Once you learn it, you're not
going to unlearn it. It's the exact same
thing with trading. Once you learn it,
you don't need to be in front of the
markets every single day to trade. You
only trade when it's time to trade. And
by far probably the most important one.
People think you need money to make
money in trading. And I'm going to
answer this. The answer is true. You do
need money to make money. But you don't
need a lot of money to get involved into
trading and make a decent amount of
money. You can get started with a couple
hundred bucks, maybe a couple thousand
bucks, and that is going to lead you to
have returns equally to what you invest.
It it is all based off of
risk-to-reward. If you risk a hundred
bucks, you're going to make a couple
hundred bucks. If you risk a couple
thousand bucks, you're going to make a
couple thousand bucks. You're not going
to turn a one singlehandedly $100 bill
or a couple hundred dollar bills into a
quantion. That's not going to happen.
Can you multiply it and scale it over
time with proper risk management? Yes.
But you don't need a large amount of
money to get involved. And people have
this conception as well as as soon as
they put the money into the market, it's
automatically gone. No, that is the
complete like opposite. You actually
predetermine how much you want to risk
of the capital that you put into trading
every single time. Let's say right now I
go and deposit a h 100red bucks into the
broker that I'm going to be using. That
doesn't mean that that 100 bucks is
invested right away. That just means
that the money is inside of a platform
that then I can go and execute one of
these positions on. Now, before I
execute that position, I'm going to
pre-calculate my risk on my $100. I only
feel comfortable risking $10 on this
trade. That's all I'm going to lose. And
I'm going to be teaching you guys on how
to do that throughout this whole entire
video. But I want to make it extremely
clear what trading is not. Okay. So, now
that you understand that there is
different types of markets out there.
You have the currency market, commodity,
stocks, you have crypto. There is many
different types of traders that executes
on these type of markets. For example,
we can have what is called a positions
trader, which these are also known as
whales, which these traders happen to
take anywhere from one to two positions
a month. These are people that have
large sums of monies and they're
realistically not interested in being
active every single day or every single
week. So now moving on, now that you
understand that there's many different
markets out there, you have the foreign
exchange, the stocks, the crypto, all of
these different markets. There's
different types of ways of trading these
markets and there's many different types
of traders that execute these markets.
Now, you can trade these markets as if
you were to be a position trader, a
swing trader, day trader or a scalper.
You can be any one of these traders and
execute this style of trading on any one
of those markets. For example, if you
were to be a position trader, these are
also considered whales because they are
risking large sums of money either once
or twice a month on certain positions
that they take. They aim to have
anywhere from two to three to 4% a month
realistically with minimal effort,
minimal activity, and just large sums of
money. These large sums of money are
this is why they're called whales and
position trading, but this is more for
kind of institution style and people
that aren't really active in front of
the markets every single day. Can you
make money as a position trader? Of
course. But it does require large sums
of money because you're looking to
target bigger trades. So, you're going
to have very, very, very big take
profits, very, very, very big stop-
losses. I've attempted this style of
trading in the past. It's just very
expensive because you have to risk large
amounts of money because you get charged
every single time you hold a position.
And I'm going to get into all that stuff
later into the video, but this is a
future way of I think everybody will
eventually become a trader of as you
progress throughout this whole entire
chain. Next, we have a swing trader. So,
a swing trader is somebody that anywhere
that takes anywhere from four to five
positions a month. And these positions
that they take are not as big as the
positions traders, but they are decently
big trades. And these trades happen to
have the best risk-to-reward out of any
one of the traders. The swing traders
are the ones that look on the higher
time frames but still incorporate the
lower time frames to have entries and
have great risk-to-rewards. I personally
myself am a mix or a hybrid of a swing
trader and a day trader. And this has
led me to be able to have the sniper
entries of a day trader and the
takeprofits and the great
risk-to-rewards and the big big big
trades because of the swing trading
approach. So a swing trader takes
anywhere from four or five trades a
month. The trades that they take are
very sniper, very accurate, and they
tend to be probably the more patient
traders next to the position trade. Next
to that, we have a day trader. So day
trader are somebody that are obviously
most commonly known in the trade
industry. We all know trading because of
day trading. You trade every single day,
but that doesn't mean that you're
actually trading every single day, but
you're more or less looking to be active
either two to three times a week on a
market. Really depends the types of
opportunities that you get. Because
typically, if you were to enter a trade
today, it should hit your take profit
today. Maybe it can overlap into
tomorrow. That's where you take anywhere
from two to three, maybe even four
trades a week on the higher end. Day
traders tend to have anywhere from a 40
to 50% win rate, but obviously they're
taking a lot of positions and the
risk-to-reward isn't as high. A swing
trader's win rate tends to be anywhere
from 60 to 65% because they're taking
less trades, which the quality means
that they're much better. And then a
swing trader's win rate tends to be
anywhere from 70 to 65% but their
risk-to-reward tends to be even greater
than that. Last but not least, or like I
would like to say definitely least is
going to be a scalper. Scalp trading is
probably what every single person thinks
that they are when they come into
trading because people think that the
more amount of positions that you are
in, the more money that you will make
and that cannot be further from the
truth. A scalper is somebody that tries
to take two to three trades every single
day, a trade every single day. And that
actually overexposes yourself and puts
you at more risk because the more you
get involved into the market, the more
risk you are in. The more you're
actually trading, the more odds you have
of losing. The less you trade, the less
likely you are to lose. So then you
might ask me, "Wait, Alex, so then how
do you actually make money if you're not
involved?" You make money by entering
the right trade at the right spot, and
you let it ride. You make money while
the market moves. You don't make money
by getting involved into the market. Two
very very big like they're two
completely different things. And the
quicker you understand that, the quicker
you're going to make money in trade. You
don't make money in trading by getting
involved. You make money in trading by
getting involved at the right time at
the right place and let the market move.
Let the market do its thing. Let it
create the market structure. Let it go
up. Let it go down. Whatever you're
doing with it, and that's when you make
the money. every single time you enter a
position, you're adding more risk to
your account, which in turn can end up
to you losing. Yes, it could also mean
that you can make money, but nowhere
near as if you were to enter one solid
position and you let it run. If this
doesn't make sense right now, don't
worry. It's all going to click
throughout this video. Right now, I just
want you to have a deep understanding of
the different types of traders that
there is out there. My personal favorite
is going to be a day trader or a swing
trader and then the happy medium right
in the middle. Everybody starts off as a
scalp trader because they want to enter
a bunch of positions thinking they're
going to make more money, but then they
end up developing and growing as a
person and become a day trader. These
are the main types of traders that go
and execute on either the foreign
exchange market, the stock market, or
the crypto market. Okay. So, now that
you understand that what type of markets
you're going to be trading, the type of
trader that you can be on this market,
let's actually start breaking down the
exact markets that you are going to be
trading. We'll figure out what type of
trader you are later in this journey and
see which one makes the most sense for
you. But the most important thing that
you understand is what type of markets
you're going to be trading. So, we're
going to be breaking down the foreign
exchange markets. This is the most
volatile markets, the markets with the
most amount of opportunity and gives you
the most possibility to make the most
amount of money. So, we're going to be
breaking down a forex pair, a currency
pair, a market that is consisted of
currency, right? So, as you can tell,
all of these markets here to my right
hand side, they're all different types
of currency markets. The USD versus the
CAD, the pound versus the Canadian, the
Australian versus the Canadian. And
don't worry, I'm going to teach you how
to set up this whole trading view, all
of this Chinese that you think this is
this is a new language to you. Don't
worry, I'm going to help you set all of
this up. But, we're going to first start
off by breaking down what is a currency
pair and how does this even work? Well,
in order for you to trade the foreign
exchange market, you have to trade one
currency against the other. You're
basically betting that one is going to
get stronger than the other or that that
one's going to get weaker than the
other, which enhances the same exact
thing. If something gets stronger, that
means the other gets weaker. It's very
simple. So, all we are doing when we are
trading a currency market is we are
betting that something is either going
to go up or betting that something is
going to go down. At no given point, if
I'm trading the EuroUSD, for example,
which is this market that we have here,
at no point am I ever actually owning
any actual euro, or am I actually ever
selling the dollar against the euro or
buying the euro against the dollar? If
I'm trading the Canadian dollar versus
the pound, at no point do I actually own
any physical Canadian dollars or do I
have any British pounds at no given
point. All I am doing is I am betting
that one is going to get stronger than
the other. So how does this betting work
you may ask? Well, it's very simple.
This is a currency pair. It's made up of
two different currencies. The first
currency is going to be the base. So
this is the base currency of the pair.
Then we have the quote currency which is
the other currency pair. These two
markets are constantly in a battle. Who
is stronger than the other? If this
market decides to continue to go to the
upside and it starts creating market
structure like this to the upside that
means that the euro is stronger than the
dollar. If this market is then moving to
the downside like this then that means
that the dollar is stronger than the
euro. Now how would I know that? How
does that make sense? Well, it's very
simple because this base currency is
what's going to drive the price up. If
we are currently at a with a very strong
euro market and the euro is very very
very strong that is going to mean that
it's stronger than the dollar and it's
going to push price to the upside. If
the dollar is going to become strong
then that means that it's going to be
stronger than the euro and it's going to
push price to the downside. So this
quote currency the best way to
understand it is if it's getting strong
you want the market to go down. If this
base currency is getting strong, you
want this market to then go up. Now, I
wanted to be very clear. When you want
this market to be strong, when you want
the euro to go to the upside, you want
to buy this market. You're going to buy
eurousd. Once again, you're not buying
any euros. You're essentially just
betting that the euro is going to get
stronger than the dollar for a period of
time, whether that be a couple of hours,
a day, a week, a month, whatever the
case is. But then if you want to sell
EuroUSD, at no given point are you
actually selling the dollar? You're just
betting that the dollar is going to get
stronger than the euro. So are they both
equally as important? Can they both have
equally the same amount of moves?
Absolutely. Just because a market is
going up doesn't mean that that's going
to be more probable or stronger than a
market that is going down. Remember this
market going down doesn't mean that the
dollar is getting weak. it actually
means that it's going to be getting
stronger against the euro. So whenever
you are selling EuroUSD or selling any
market, you're basically betting that
this market is indeed getting stronger
than this one. It really comes down to
the way it represents in this battle
well or in any battle. If somebody is
winning, that means that they are
standing up and fighting and if somebody
is losing, they fall down to the floor.
Well, in this market, it's actually the
complete opposite because this fight
never ends. This fight is a forevergoing
market between the dollar and the euro.
Markets going up, markets going down.
And whenever the markets are going up,
that means that the euro is winning the
fight. Whenever the markets are going
down, that means that the dollar is
winning the fight. But at no point does
a fight ever end, the fight is always
going to go on as long as we have both
of these currencies. So whenever the
fight is going down, that means that the
dollar is getting strong, the euro is
getting weak. Whenever the fight decides
to continue to go back up, that means
that then the euro is going to be
getting stronger against the euro.
That's really what it comes down to.
These are two fighters fighting up and
down. And then whenever they're going in
one direction, that means they're
getting strong. Now, what are these
numbers right here, right? What is this
numbers that keep going up and down?
Well, this is actually probably the most
important thing that you need to
understand what it is, but you're never
going to actually use it because you
don't really care what the actual
exchange rate. So these numbers right
here are the exchange rate of the actual
currency pair. And as you can see it
right here on the live market. That's
why it's 1.17.
So $17
is going to equal 1o. That is really all
that this is right here. So this just
lets you know where the market is in
terms of price. And these numbers going
up and down is what's going to lead you
to determine whether okay, I want to buy
or I want to sell. But at no point are
you ever actually going to be looking at
these numbers. These numbers just
reflect what the actual charts are going
to be doing. When we go to the
candlestick charts, these charts will
just reflect on this price right here.
This price is going to reflect on these
charts. So, this right here is what a
currency pair is. It's a battle of both
of these markets 245 for the rest of
history. And whenever one is going up,
that one's winning. And whenever this
one's going down, this one is winning.
There is endless amounts of currency
pairs out there. I personally trade
myself 15 to 20 different ones because
there's just more opportunity on the
more markets that you trade. And there
is more volatile currency pairs. And
then there is less volatile currency
pairs. Obviously currency pairs that are
less commonly known. Let's say like the
noggin, the Mexican peso that don't tend
to have as much volume compared to the
US dollar, to the euro, or to the
British pound. They're going to be a lot
less volatile. Can you still trade them?
Can there still be loads of
opportunities? Of course. But the odds
of you making big moves on those markets
are very unlikely. Can you still do it?
Yes. And I'm going to be educating you
how to properly do that as we continue
to go on throughout this video. I just
first want to teach you exactly what a
currency pair is and how it works
because this right here is what you will
be trading 245. And you need to
understand exactly what you are doing
whenever you are trading these type of
markets. And these right here are going
to be known as the major currency pairs.
You're going to have your euro versus
the dollar, the pound versus the dollar,
the dollar versus the Japanese yen, the
dollar versus the Swiss Frank, the
dollar versus the Canadian dollar, the
Australian versus the dollar, and the
New Zealand versus the dollar. If you
can see a pattern here, they're always
going to have the dollar in it. The
dollar is obviously the one that is the
most respected, the most valued currency
in the market. It is the simple fact and
it is always going to be used against
the next main currency pair. Now, some
people sometimes ask, why isn't it USD
versus euro? And this is just the way
the market's set up. I don't have the
answer to that question. Is there any
point where they're actually flipped
over? I'm going to be completely honest.
No, I have never even considered that.
But even if it were to get flipped over,
let's say it's the USD versus the euro,
it's still the exact same thing. It's
just this time instead of the dollar
reflecting its strength while going
down, it's going to reflect its strength
while going up. Same thing for the euro.
So, everything remains exactly the same.
This is just the way that the currency
market has set it up. So these are the
main currency pairs that you should be
trading. And the reason why you should
be trading these currency pairs is
because one, there's a lot of volatility
in it. Meaning that it is indeed going
to give you lots of opportunities. Two,
since there is a lot of volatility, that
means that there the cost to operate in
these markets are going to be very low
because people are moving constant funds
inside of these pairs. So the cost to
get involved is not that high. And on
top of that, these tend to also be the
trades that have the best moves in the
right sessions. And three, these are the
markets that tend to have the best
moves. Now, when I mean the best moves,
I mean that they actually have proper
moves because other currency markets
that aren't as volatile or aren't as
respected in the market. They tend to
have the most random moves, moves that
cost people a lot of money and it tends
them to lose. Now, I'm not saying you
shouldn't trade uh any other markets
that are not these, but I'm saying that
these markets tend to have the most
respected moves. They don't tend to have
these major spikes. They don't tend to
have these unnecessary fees which end up
potentially taking you out of your stop
loss when price didn't really make it
there. These are all a bit more advanced
stuff and we'll get to that throughout
this whole entire video. And I trade
these other markets all the time. I
trade the most random markets. You know,
I'll trade the Canadian dollar versus
the Japanese yen and find great
opportunities there. But I just have to
understand it a risk associated with
trading in those currency pairs. This
right here are going to be the major
currency pairs and the ones that tend to
have the best price to actually trade
cost less and have the best moves. So
we'll break these down with the actual
strategy and how to actually trade it
later into this video. Okay, so now
moving on to the next subject. Now that
you understand what a actual currency
pair is and you understand that they're
in a constant battle up and down and
that there is a neverending on this
fight and there's never a winner.
There's just some streaks where one
currency is winning and there's another
streak where another currency pair is
winning. Now you now you have to
understand that this battle this fight
has to be reflected based off of
something like we have to see the trail
of this fight. When a currency pair is
going up, it leaves a trail. When a
currency pair is going down, it leaves a
trail. Now we need somewhere to show us
this fight. Now this fight could be
shown in many different formats. You can
see this fight either in a line chart
formation. You can see that the euro for
example is getting stronger then the
dollar gets stronger then the euro gets
stronger again. So this is the line
chart that is representing how this
fight is going. You can also have this
famous bar chart which the bar chart
shows whenever it's green that the euro
is getting strong. Whenever the red bar
comes out that means the dollar is
getting strong. So on and so forth. Then
we have the candlestick chart which is
the most commonly known in the trading
industry which is where you have the
green and red candles and that is the
representation of the fight. So there's
many different types of charts and all
of these charts are representing the
exact same price. This right here is
Euro USD. This is Euro USD and this is
Euro USD. It's just representing the
fights in a different format. The best
analogy that I can give you for this is
for example, let's say Mike Tyson and
Floyd Mayweather are going to be
fighting. Now, you can either watch the
fight in person or you can watch the
fight on TV or you can hear the fight
over the radio or you can simply hear
the fight over a headphone. Right?
You're hearing, watching, you're getting
the exact same feedback on the exact
same fight at the exact same point.
every single point, whether it's on TV,
whether it's in person, whether it's in
radio, whether you're just listening to
it, you're going to be hearing the same
exact thing. Oh, Mike Tyson at this
point was beating and knocked down Floyd
Mayweather. Floyd Mayweather came back
up, hit him with an uppercut, but then
Mike Tyson knocked him out. Whether you
are hearing that, whether you are seeing
that, whether you are just listening to
it, all of these are the exact same
information of the battle of the
currency pair up and down just being
represented in different ways. That's
really all it is. And the most commonly
known one is going to be the actual
candlestick chart. The candlestick chart
is where you're going to actually be
able to trade off of the famous Japanese
candlesticks and actually see patterns
that constantly repeat themselves in a
very effective way. These are going to
be the markets that I'm going to be
educating you guys on on how to properly
execute these trades and actually trade
in these markets. The bar chart is not
mainly commonly known for traders. This
is used for a different type of style
which I'm not entirely sure how it
works. So, I can explain something I'm
not simply educated on. And if up to
this point right now in my trading
journey, I have literally not used it
one single time. I feel like it's not
necessary. I saw maybe 15 videos of this
when I got started in my trading
journey. None of them ever made sense.
And I just simply wasted time and
clouded my mind with information that I
was simply never going to use and was
not going to be effective in my trading
style at all. So then I wasted time and
not giving focus on to what actually
mattered, which was the candlestick
chart. That's what I'm going to do for
you guys in this video. Tell you guys a
little bit of what everything is.
literally only focus on what matters and
can remove the noise of what doesn't
matter. Next, we have the line chart,
which is equally important because this
is going to lead you to understand the
proper market structure on the time
frame or on the market that you're going
to be interested in. Have an
understanding that this right here is
like watching the real fight in real
time. These candlesticks, these wicks,
these moves down, this is like you're
watching the fight in person. and you're
getting the sweat that is falling on
you. If you're sitting first row, you're
hearing the roar of the audience. Like,
you're getting everything as real, as
raw as it gets. No commercials.
Everything is on the spot. Think of the
line chart as if you were to be watching
the fight on TV. And you might be asking
why. Well, it's because this only
creates these structure points once the
market has actually closed. Once a
candlestick has closed, the next one has
opened. Like, this doesn't really
represent a move until it is completely
done. I'm going to be breaking all that
down in just a second, but think of this
as the next step. So, first you have the
live, which is real raw fight. This is
happening in real time. And then this
you get commercials. Maybe you have
maybe it might have a 15 20 second delay
just because of the way it gets
transmitted. But then after that, there
is nothing else that is going to be
important. We're not going to be using
no bar charts and we're not going to be
using the scatter plot. Neither one of
these are going to be useful. They're
just a different way on how to represent
the fight. I am not educated on it at
all. I just wanted to show you different
representations of how the candlestick
chart looks compared to the line chart.
So, now that you understand that the
only two types of charts that you're
going to be focusing on is going to be
the line chart and the candlestick
chart, let me actually just show you
guys how this looks like in real time,
right? So, let me just remove this right
here and let's actually go to the real
markets. So, right now, for example,
let's say we go to EuroUSD. So, we're
going to type EuroUSD here on Trading
View, and we're just going to go to a
random EuroUSD market. Now, don't worry
if you don't know how to use Trading
View just yet. I'm going to help you set
all that up, but I first want to educate
you on how the charts work. So, we were
to click this section up here, you can
tell that we have our bar charts, we
have our candlestick line charts, we
have our hollows. There's many different
ways on how you can determine whether
this market is going to get stronger or
weaker with all of these different types
of formations. So, now that you
understand that, basically the
difference between the line chart, the
bar chart, and the candlestick chart is
really just how the fight in between the
currency pair is represented. Let me
show you this in a realtime chart.
Right? So, for now, we're just going to
move this down, and we're going to head
over to the top section over here of
Trading View, and I'm going to show you
the multiple different ways on how you
can actually look at this fight. Now,
don't worry. Later into the video, I'm
going to show you how to set up Trading
View, which one of these options should
you actually be looking at, cuz I get
it. This can almost seem like
information overload, but I'd tell you
that maybe 50% of the buttons on this
website you're never going to use, and
the other half of it are very simple to
use, right? So, let's start off with the
bar chart. So right now we are looking
at BTC or we can be looking at EuroUSD
or we can looking at any single chart
right. So for us right now since we're
using Euro USD as the example let's go
to EuroUSD and as you can tell there's
many different Eurusds. You have some on
FXCM on GBEN
Forex.com Kraken. Probably wondering
what's the difference between this
EuroUSD and this one. And the only
difference between this EuroUSD and this
one is that it's on a different server.
So this is the FXEM server. So this is a
broker and this broker gets certain data
feeds and it offers Euro USD at a
different price. It's the exact same
market. It's just offered maybe a couple
of points higher, couple of points
lower. It's really the only difference.
But for example purposes, we're going to
go to this one, right? It's all going to
be the same thing. So right now, this is
what EuroUSD looks like on the actual
bar chart. So, if you notice, whether
it's on a bar chart, whether it's on a
line chart, whether it's on a
candlestick chart, you're always going
to have the price be at the exact same
point, 1.17301.
Now, that is on the ICE server. If we
were to go to a different server, which
let me just type it in right here. So,
we have 1.1301.
Let's say we go to capital.com, we have
it at 1.1303.
The exact same chart. It's just points
are minorly up or down. And the chart
might look slightly different. Something
that you probably like barely even
notice. Just going to have little more
structure points here, less structure
points here. The one that I personally
use is always going to be the server. So
for me, the server is the most accurate.
It's based off of one of the main US
regulated brokers in the US and it's the
one that I personally use for simple I
guess you can almost call it like a
superstition reason, but I've never
really used any other one. I'm sure I
can use any other one. They are all
pretty much the same. The points are off
not much. So, back to the line charts,
back to how these different type of
markets work. We'll get into all of this
different broker stuff, different
markets, liquidities, and and how this
stuff works once we get to that point.
Right now I just want to explain to you
the basic points charts, right? So this
is a line chart. So this line chart
right here is exactly what the fight
looks like in between euro and the US
dollar on the line chart. This is what
the fight looks like on the euro versus
the US dollar on the bar chart. This is
what the fight looks like on the euro
versus the US dollar on the line chart
with markers. If you were to look at the
area, if you were to look at the
columns, if you were to look at the high
low, you were to look at the volume
footprint. I guess I don't have this
option, but if you were to look at any
other one, that is exactly how it looks.
This right here is literally the exact
same market movement. It's just the
fight is being represented in different
ways. the most accurate way and the
cleanest way to look at the market and
actually be able to develop a actual
strategy and be able to predict patterns
based off of how I've been doing it for
the last 7 years and I've been teaching
people to do it is based off of the
candlestick. So we come over here to the
trading view and the candlestick is
going to be the next one, the
candlestick chart. Now, I have a
specific indicator which is called a no
gap candlesticks which is very easy to
apply and I'll show you guys how to
apply it right now just so you can do it
once we get to that point. But it'll be
very easy. All you have to do is just go
to indicators, type in no gap
candlesticks, and I'm kind of getting a
little bit ahead of myself here, but
we'll we'll just do it for now. You
click on the no gap candlesticks, and
then once you click on it, it basically
pops up. And that's how you would
implement the no gap candlesticks. Aside
from that, I'll teach you how to
actually adjust it because right now
you're probably having an overlap with
your actual candlesticks. And you know,
I'll teach you how to do that just a
second later into the video cuz I want
to get into the indicators and I also
want to explain to you how this EMA
works, why I use this EMA, which one is
my EMA, so on and so forth. So the
candlestick charts are basically
consisted of multiple different time
frames based off of these candlesticks.
As you can tell over here next to the
type of candlesticks that I have, these
candlesticks are being represented in
different time frames. For example,
right now we are on the 4hour time
frame, meaning this candle right here
closes every 4 hours. So this
candlestick right here, the way it's
being closed right now, has about 38
minutes left. Meaning it has been open
for 3 hours and 20 minutes nearly. This
candlestick closed 4 hours ago, 4 hours
ago, and 4 hours ago. This is what this
market looks like based off of this
4hour time frame. If we were to go to
the two-hour time frame for example,
this happens to be a candlestick once
again that is closes every 2 hours. So
every single one of these candlesticks
is 2 hours. This candlestick right here
is the 1 hour closes as well in 38
minutes. All because the market closes
in the next 40 minutes. So a lot of
these candlesticks are going to be
closing at the same time. Next on the 30
minute, this candlestick has 12 minutes
left before this one closes. Every
single one of these candlesticks is a 30
minute candle. Then we have the 15-minut
time frame, which this candle closes in
the next 12 minutes as well. All we have
just done here from the 4 hour or if we
go up to the daily or we go up to the
weekly is we are just looking at the
fight from different points in the
arena. So let's say you're actually in
the fight, right? So, we understand that
there's different ways for you to watch
the fight. You have watching the fight
in person, which would be the
candlestick chart. You have the line
chart, which is like watching it on TV.
And then you have the bar chart, which
is like listening to it on the radio or
having some headphones on. Right? These
are all the different formats for you to
actually watch the fight. Now, we've
decided that we're going to watch the
fight in person because it's obviously
the best one. You're there in real time.
You get real updates and you're there
live. There's nothing like being at a
live fight. Now, where are you sitting
in that live fight? Are you right there
front row? Are you in the middle? Are
you a bit higher on the stands? Or are
you in the nosebleleeds? Which one are
you? That's exactly what these time
frames are right here. The higher the
time frame, the higher you're going to
be in the arena. The lower the time
frame, the closer you are going to be to
the ring. And you can get all the way as
low to 1 second. Meaning you can go to
the one second time frame and you can
literally see every single candlestick
that closes every second. I don't have
that feature unlocked here on Trading
View simply because I don't use that
feature. The lowest time frame I go is
the 15. But with the feature that I
have, you can go all the way up to the
one minute, meaning every single minute
a candlestick closes and you're going to
be seeing every single one of those
details. Believe me, you're never going
to want to be this low into the time
frames. It's just way too detailed. You
can never actually see anything. And
this right here is just a quick
representation to give you a visual of
what I'm talking about. So, we've
decided that we're going to go watch the
fight in person. Now, there's many
different places we could be sitting. We
could be at the skyscrapers, which is
going to be like the weekly time frame.
We could be here in this middle area,
which this is going to be the daily time
frame. Then, we can have this outer
area, which this could be the 4 hour.
This area could be the 2hour. This area
could be the 1 hour. And then this area
up over here can be the 30 minutes. And
this can be the 15 minutes. Speaking
from personal experience, the best area
to actually be sitting on these fights
is going to be the weekly time frame.
Now, you may be asking, Alex, why that's
super far? Well, because from up here,
you can actually see the fight. You're
actually looking from the top down. The
closer you actually get to the arena,
you're looking at it more of a
horizontal way. And I don't know about
you guys, but I wasn't blessed to be the
tallest guy in the room, right? I'm not
super short. I'm 5'9, 510. At these
fights, everybody happens to be giants
and everybody likes to stand in this
area here. So, if everybody's standing
and they're taller than me, I can't see
the fight. And the fight is on a
platform. And since the fight's on a
platform, guess what? Not only can I not
see because there's somebody big on top
of like right in front of me, but then
the fight is also elevated. So, you're
almost looking up. And if the people
were to fall, for example, on this side,
I can't see them at all. Like, you're
just not seeing them. you have to be
looking up directly to the screen to see
what's happening. So, the point that I
want to get to this is don't think the
more detailed you can see stuff and
because something closes every single
minute or every single second that it's
better because you get to see more
details. That's actually completely
false. You want to make sure that you
can be watching in from above and you
can see everything from a higher
standpoint and you can almost see stuff
coming because you're watching
everything as it unfolds. So, this is
how going through the candlestick
formats is right. So, we're looking at
the exact same price, right? So, if you
notice right here, this is EuroUSD. On
the daily time frame, it's 1.1314.
If we go down to the 4 hour, it's the
same 1.1314.
Obviously, the market's moving right
now, so it's going to fluctuate one of
these two points. But if I go down to
the 2 hour, 1 hour, and the 30 minute
quickly, you can see that it's all the
exact same price feed. You're just
looking at it in a much more detailed
format. It's just being represented in a
more detailed. So this 4hour candlestick
right here that we are looking at, it's
being broken down into two candlesticks when we go to the 2-hour time frame. So
when we go to the 2-hour time frame. So now it's going to be these two
now it's going to be these two candlesticks right here. Now these two
candlesticks right here. Now these two candlesticks are going to be broken down
candlesticks are going to be broken down into another candlesticks once we go
into another candlesticks once we go down to the 1 hour. Now these
down to the 1 hour. Now these candlesticks right here, this 1 hour
candlesticks right here, this 1 hour candlestick is going to be broken down
candlestick is going to be broken down to then another 30 minute candlestick
to then another 30 minute candlestick once we go down to the 30 minute. So on
once we go down to the 30 minute. So on and so forth. So, what I'm trying to get
and so forth. So, what I'm trying to get you to understand here is that when
you to understand here is that when you're looking at the candlesticks,
you're looking at the candlesticks, because you go from this time frame to
because you go from this time frame to this time frame, doesn't mean you're
this time frame, doesn't mean you're looking at a completely different
looking at a completely different market. You're looking at a completely
market. You're looking at a completely different format. No, you're looking at
different format. No, you're looking at the exact same fight. You're looking at
the exact same fight. You're looking at the exact same market, just in a much
the exact same market, just in a much more detailed way. And sometimes having
more detailed way. And sometimes having those details is good. Sometimes having
those details is good. Sometimes having those details is bad. All that unfolds
those details is bad. All that unfolds and it kind of comes together when
and it kind of comes together when you're actually executing a strategy and
you're actually executing a strategy and doing proper top- down analysis and
doing proper top- down analysis and executing on the market. And I'm going
executing on the market. And I'm going to teach you guys how to do all that
to teach you guys how to do all that later into this video. Right now, I've
later into this video. Right now, I've just taught you what type of markets,
just taught you what type of markets, how to break it down, and then the
how to break it down, and then the importance of understanding why these
importance of understanding why these time frames are a thing. Right? So,
time frames are a thing. Right? So, that's only the beginning of these time
that's only the beginning of these time frames. Now, a lot of you guys may be
frames. Now, a lot of you guys may be asking, Alex, okay, cool. I get it. But
asking, Alex, okay, cool. I get it. But how does the candlestick actually work?
how does the candlestick actually work? Like, what is this line up here? What is
Like, what is this line up here? What is this line down here? Very simple.
this line down here? Very simple. Picture, we can go down to the one
Picture, we can go down to the one minute time frame to see this as real as
minute time frame to see this as real as it gets. Picture this market right here
it gets. Picture this market right here as this candlestick right now is about
as this candlestick right now is about to close in the next two seconds. It's
to close in the next two seconds. It's going to close right there. And now
going to close right there. And now another one is going to open from where
another one is going to open from where this one closed. As soon as this next
this one closed. As soon as this next candlestick opens from this one that
candlestick opens from this one that closed, it's either going to go up or
closed, it's either going to go up or down, right? It's really not going to do
down, right? It's really not going to do anything else. Now, this market, as soon
anything else. Now, this market, as soon as it opened, it went up. Now, if this
as it opened, it went up. Now, if this market in the next 42 seconds, it
market in the next 42 seconds, it decides to not move at all, it will
decides to not move at all, it will close like that. and then another
close like that. and then another candlestick will open right next to it
candlestick will open right next to it and it will either continue to go up or
and it will either continue to go up or go down. But let's say right now that
go down. But let's say right now that this market decides to have a push to
this market decides to have a push to the downside. There's going to be what
the downside. There's going to be what is called a wick, which is that exactly
is called a wick, which is that exactly right there once it actually had a
right there once it actually had a little bit of a retracement, which will
little bit of a retracement, which will look like this. It's going to be a wick.
look like this. It's going to be a wick. That wick is basically representing
That wick is basically representing where price has been. So, for example,
where price has been. So, for example, right there, you can tell price has been
right there, you can tell price has been to that high point. So, if I were just
to that high point. So, if I were just to get a line right here, that is the
to get a line right here, that is the highest point the body of that move has
highest point the body of that move has been. And if this market decides to now
been. And if this market decides to now have a reversal down and close to the
have a reversal down and close to the downside, it will close with that wick.
downside, it will close with that wick. So, in the next 2 seconds, we're about
So, in the next 2 seconds, we're about to find out if it's going to close with
to find out if it's going to close with that wick or not. And I believe it has
that wick or not. And I believe it has closed with the wick. Right now, since
closed with the wick. Right now, since we're headed towards the closure of
we're headed towards the closure of market, market tends to move, you know,
market, market tends to move, you know, pretty slow. There's just simply not a
pretty slow. There's just simply not a lot of volatility. But this next
lot of volatility. But this next candlestick should be opening right now.
candlestick should be opening right now. And as soon as it opens, it's either
And as soon as it opens, it's either going to continue going up or come down.
going to continue going up or come down. And this candlestick will officially
And this candlestick will officially have been closed with that wick. And you
have been closed with that wick. And you can see that this next candlestick just
can see that this next candlestick just opened super quick. Had a push to the
opened super quick. Had a push to the downside. And now at one point it was
downside. And now at one point it was down here. I just literally didn't
down here. I just literally didn't manage to grab it because I was going
manage to grab it because I was going back and forth on the time frames, but
back and forth on the time frames, but came down here. Then it went back up.
came down here. Then it went back up. Now this next candlestick, this one has
Now this next candlestick, this one has closed here. This one opened, wicked up.
closed here. This one opened, wicked up. Now it's wicking back down, wicking back
Now it's wicking back down, wicking back up. So what this line is, what this tail
up. So what this line is, what this tail is, what this hair wick, whatever, what
is, what this hair wick, whatever, what the proper name is a wick. This right
the proper name is a wick. This right here is a wick, but many people have a
here is a wick, but many people have a lot of creative names for it. All this
lot of creative names for it. All this right here is just the history of where
right here is just the history of where price has been. So right now this
price has been. So right now this candlestick is currently creating that
candlestick is currently creating that wick right now. It's currently creating
wick right now. It's currently creating that high created up to that point. And
that high created up to that point. And if it closes right here, that is where
if it closes right here, that is where the trail of the candlestick has been.
the trail of the candlestick has been. This is the market showing us how the
This is the market showing us how the market is moving. Is it moving very
market is moving. Is it moving very aggressively to the upside? Is it
aggressively to the upside? Is it rejecting this area? Because this wick
rejecting this area? Because this wick right here is shown as a sign of a
right here is shown as a sign of a rejection. Clearly price was bullish or
rejection. Clearly price was bullish or this candlestick was completely filled
this candlestick was completely filled all the way up to this point. But
all the way up to this point. But something happened in the market that it
something happened in the market that it pushed it down. In turn, that should
pushed it down. In turn, that should then mean that it should continue to be
then mean that it should continue to be pushed down. For example, that closed
pushed down. For example, that closed with a small wick at this area. So that
with a small wick at this area. So that means that the sellers aren't as strong,
means that the sellers aren't as strong, but now we have very strong sellers
but now we have very strong sellers coming into this area. Now, for example,
coming into this area. Now, for example, so let's say this market closes with the
so let's say this market closes with the wick all the way down here and out. And
wick all the way down here and out. And you can see how this market can wow this
you can see how this market can wow this is you know moving very aggressively but
is you know moving very aggressively but this is showing you guys how the markets
this is showing you guys how the markets can move how fast it can move even
can move how fast it can move even though we are in the last couple of
though we are in the last couple of hours of the markets. This right here if
hours of the markets. This right here if it somehow reverses and it has a push to
it somehow reverses and it has a push to the upside then this would have a very
the upside then this would have a very big wick right it could look something
big wick right it could look something like this. But see this right here is
like this. But see this right here is continuously pushing down this market.
continuously pushing down this market. And if wherever it closes this wick is
And if wherever it closes this wick is doing the trail of where that market has
doing the trail of where that market has been. Now that wick is equally as
been. Now that wick is equally as respected when it comes to the 1 minute
respected when it comes to the 1 minute time frame, 15-minut time frame, 1 hour
time frame, 15-minut time frame, 1 hour time frame, daily, 4 hour. These are all
time frame, daily, 4 hour. These are all different types of wicks that are being
different types of wicks that are being created. So, as you can tell on the 1
created. So, as you can tell on the 1 minute time frame, that might have
minute time frame, that might have looked like a massive bearish
looked like a massive bearish candlestick, but you look at it right
candlestick, but you look at it right here in the 4 hour and this 4 hour looks
here in the 4 hour and this 4 hour looks pretty much exactly the same from when
pretty much exactly the same from when we started talking about this subject a
we started talking about this subject a couple of minutes ago. So that's why the
couple of minutes ago. So that's why the lower time frames it might seem like a
lower time frames it might seem like a very big wow move but in reality it
very big wow move but in reality it doesn't affect any of the higher time
doesn't affect any of the higher time frames. Are the lower time frame used in
frames. Are the lower time frame used in order to determine a trade and do they
order to determine a trade and do they go in sync with the higher time frames?
go in sync with the higher time frames? Absolutely. But there's a way there's a
Absolutely. But there's a way there's a time and a place to actually execute
time and a place to actually execute that correctly. But if you can tell that
that correctly. But if you can tell that one minute big bearish candlestick looks
one minute big bearish candlestick looks like it might have had this fall off a
like it might have had this fall off a cliff. But then when you go look at it
cliff. But then when you go look at it back to the 4 hour time frame, this
back to the 4 hour time frame, this literally looks exactly the same from
literally looks exactly the same from when we actually started trading. But I
when we actually started trading. But I just want you guys to understand what
just want you guys to understand what these wicks are. That means that the
these wicks are. That means that the market at one point it was a completely
market at one point it was a completely bullish candlestick into this area and
bullish candlestick into this area and then something drove price all the way
then something drove price all the way down and then it ended up closing here.
down and then it ended up closing here. Once it closed here, this candlestick
Once it closed here, this candlestick opened, had its move up and down,
opened, had its move up and down, created that history. This is where this
created that history. This is where this market closed. Then this one opened up,
market closed. Then this one opened up, had its history, it closed, and then
had its history, it closed, and then this is where this one opened up, had
this is where this one opened up, had this push up, and as of right now, it's
this push up, and as of right now, it's right here. And then next 24 minutes,
right here. And then next 24 minutes, this candlestick will close. And then
this candlestick will close. And then another one will open and either have
another one will open and either have its push up or down or however it ends
its push up or down or however it ends up closing. But once one candlestick
up closing. But once one candlestick closes, another one opens right next to
closes, another one opens right next to it. And this will be the neverending
it. And this will be the neverending battle of the market. And our job as
battle of the market. And our job as traders is to determine what that next
traders is to determine what that next move is going to be and let's us
move is going to be and let's us capitalize off of that move because
capitalize off of that move because these market opportunities and these
these market opportunities and these this battle is a never-ending battle.
this battle is a never-ending battle. All right. So now moving on to the next
All right. So now moving on to the next subject. Now that you understand that
subject. Now that you understand that the candlestick chart is like watching a
the candlestick chart is like watching a fight. That is the way that it's being
fight. That is the way that it's being represented. And the closer you are to
represented. And the closer you are to the arena which is the lower the time
the arena which is the lower the time frame you are means the more precise
frame you are means the more precise you're watching the fight. The higher
you're watching the fight. The higher the time frame you are, the higher you
the time frame you are, the higher you are actually watching the time frame,
are actually watching the time frame, but you're watching the exact same
but you're watching the exact same trade. You're watching the exact same
trade. You're watching the exact same market. You're watching the exact same
market. You're watching the exact same fight. It's just being represented in a
fight. It's just being represented in a much more detailed format. Your USD, you
much more detailed format. Your USD, you could be watching on a daily, 1 hour, 30
could be watching on a daily, 1 hour, 30 minute. You're just looking at in a much
minute. You're just looking at in a much more detailed format. And now you know
more detailed format. And now you know what those wicks are and how the
what those wicks are and how the candlestick leaves those trails, so on
candlestick leaves those trails, so on and so forth, right? But I want to
and so forth, right? But I want to explain to you now the actual trading
explain to you now the actual trading sessions when it comes to the strength
sessions when it comes to the strength of the time to actually be watching that
of the time to actually be watching that fight. When is the right time to
fight. When is the right time to actually be there and be involved?
actually be there and be involved? Because if not cuz you know to be honest
Because if not cuz you know to be honest you can't really be involved 24/7 even
you can't really be involved 24/7 even if you wanted to because you're going to
if you wanted to because you're going to be there at times where there will
be there at times where there will simply be absolutely no volume where
simply be absolutely no volume where you're just going to waste your time and
you're just going to waste your time and the people are going to be tired. Right?
the people are going to be tired. Right? So, the best way I could put the
So, the best way I could put the analogy, and I love my analogy
analogy, and I love my analogy sometimes, but I feel like they're just
sometimes, but I feel like they're just too precise that I I I forget to go back
too precise that I I I forget to go back to trading. If people are fighting,
to trading. If people are fighting, there's going to get a point where
there's going to get a point where they're going to get tired, right? And
they're going to get tired, right? And if they're tired and, you know, they're
if they're tired and, you know, they're drinking water, they're stretching,
drinking water, they're stretching, they're eating food, you know, that's
they're eating food, you know, that's pretty boring, right? You want to see
pretty boring, right? You want to see blood, you want to see somebody get
blood, you want to see somebody get knocked out, you want to see somebody
knocked out, you want to see somebody lose a tooth. That only happens at
lose a tooth. That only happens at specific times. That's after they
specific times. That's after they rested. That's after they're well eaten
rested. That's after they're well eaten and they're actually ready to fight. And
and they're actually ready to fight. And that only happens at specific times,
that only happens at specific times, right? That's that that's exactly what
right? That's that that's exactly what I'm talking about in the market. Yes,
I'm talking about in the market. Yes, you want the market to have these big
you want the market to have these big massive moves to the upside, these big
massive moves to the upside, these big swings, and you want to catch these big
swings, and you want to catch these big trades, but that doesn't happen all the
trades, but that doesn't happen all the time. Like the market gets tired. The
time. Like the market gets tired. The market has movements at only specific
market has movements at only specific times. So, these are the highest volume
times. So, these are the highest volume sessions and then these are the slowest
sessions and then these are the slowest volume sessions. So, we're going to
volume sessions. So, we're going to start off with the Sydney session. So,
start off with the Sydney session. So, we have Sydney session and Tokyo
we have Sydney session and Tokyo session. So this tends to happen around
session. So this tends to happen around 5 to 6 7 8 9 10 11 12 EST. So this is
5 to 6 7 8 9 10 11 12 EST. So this is basically the afternoon. This is when
basically the afternoon. This is when people finish their 9 to5. This is all
people finish their 9 to5. This is all of the afternoon. And as you can tell,
of the afternoon. And as you can tell, the lighter the color, the less the
the lighter the color, the less the volume session. The darker the color,
volume session. The darker the color, the more session there is. This right
the more session there is. This right here is exactly when the fighters are
here is exactly when the fighters are taking a break. They're stretching.
taking a break. They're stretching. They're eating. They're cleaning up
They're eating. They're cleaning up their sweat. They're closing up their
their sweat. They're closing up their wounds. They're taking a break. So, if
wounds. They're taking a break. So, if you are in front of the arena at this
you are in front of the arena at this time, you are simply watching nothing.
time, you are simply watching nothing. Yeah, they're going to be there, you
Yeah, they're going to be there, you know, cleaning up one another. They
know, cleaning up one another. They might be talking smack back and forth,
might be talking smack back and forth, but they're not fighting. You're not
but they're not fighting. You're not going to see blood, right? Cuz there's
going to see blood, right? Cuz there's no volume. You can be in front of the
no volume. You can be in front of the markets at this time. Yes, it's going to
markets at this time. Yes, it's going to be moving. It's going to be creating
be moving. It's going to be creating little moves up and down like this,
little moves up and down like this, exactly how I just showed you, but
exactly how I just showed you, but you're not going to have those big
you're not going to have those big swings. Why? Because there is no volume.
swings. Why? Because there is no volume. There's no volume in Sydney session or
There's no volume in Sydney session or Tokyo session. There is absolutely no
Tokyo session. There is absolutely no volatility there. Is there a oneoff
volatility there. Is there a oneoff moment where there could be a a quick
moment where there could be a a quick pump that happens there? Yes, that can
pump that happens there? Yes, that can be one in every 20 trading days. But are
be one in every 20 trading days. But are you going to be in front of the arena
you going to be in front of the arena knowing that one out of 20 trading days
knowing that one out of 20 trading days one guy might just get up and sucker
one guy might just get up and sucker punch the other guy? Probably not,
punch the other guy? Probably not, right? You don't want to bet your money
right? You don't want to bet your money on that. The odds of that happening are
on that. The odds of that happening are unlikely. Just whenever it happens,
unlikely. Just whenever it happens, you'll watch the video and it pops up
you'll watch the video and it pops up and then usually they'll go back to
and then usually they'll go back to fighting in just a couple of hours. Is
fighting in just a couple of hours. Is there going to be a time where you're
there going to be a time where you're not looking at the markets in the
not looking at the markets in the session and it has a moves? Yeah, sure.
session and it has a moves? Yeah, sure. But that's not that wasn't your time to
But that's not that wasn't your time to be watching the market anyways. So,
be watching the market anyways. So, Sydney and Tokyo session are going to be
Sydney and Tokyo session are going to be the sessions that you are not going to
the sessions that you are not going to be trading. You're not going to be
be trading. You're not going to be interested at executing any trades. I
interested at executing any trades. I use these time frames right here to go
use these time frames right here to go do stuff with my life. I go and work
do stuff with my life. I go and work out. I go and try and have a life that's
out. I go and try and have a life that's not just staring at the charts.
not just staring at the charts. Beginning of pre-London session and then
Beginning of pre-London session and then we have all of London session. This is
we have all of London session. This is when the battle begins. This is where
when the battle begins. This is where things start getting very, very, very,
things start getting very, very, very, very rough. Now, I would argue that this
very rough. Now, I would argue that this chart is a bit inaccurate. I'd say this
chart is a bit inaccurate. I'd say this could be a little bit darker, maybe a
could be a little bit darker, maybe a little bit more this way. But this right
little bit more this way. But this right here begins from 1 in the morning. So,
here begins from 1 in the morning. So, at 1:00 in the morning, I start doing my
at 1:00 in the morning, I start doing my pre-London analysis session because
pre-London analysis session because London session opens right at 3:00 in
London session opens right at 3:00 in the morning. And pre-London, which is
the morning. And pre-London, which is 1:00 a.m. to 2:00 a.m., there already
1:00 a.m. to 2:00 a.m., there already starts to be some volatility and the
starts to be some volatility and the market starts to move very well. Then
market starts to move very well. Then you obviously have all of London
you obviously have all of London session, which lasts from 3:00 in the
session, which lasts from 3:00 in the morning all the way up to around 12:00
morning all the way up to around 12:00 p.m. EST. Now, there's something
p.m. EST. Now, there's something beautiful that happens inside of the
beautiful that happens inside of the currency market at this point right
currency market at this point right here, and that is that the New York
here, and that is that the New York session happens to open up in the same
session happens to open up in the same time that the London session is ongoing.
time that the London session is ongoing. So, London session opens up at 8:00 in
So, London session opens up at 8:00 in the morning, and it overlaps the London
the morning, and it overlaps the London session, creating this extremely
session, creating this extremely volatile point in the market. So I like
volatile point in the market. So I like to enter my trades either pre-London
to enter my trades either pre-London session or during London session. So
session or during London session. So then the trade has good volatility. It
then the trade has good volatility. It starts going in my direction and then
starts going in my direction and then once New York session kicks in, it just
once New York session kicks in, it just adds more fuel to the fire which ignites
adds more fuel to the fire which ignites it even more and gives it more of a
it even more and gives it more of a movement. And then typically right
movement. And then typically right around the ending of London session,
around the ending of London session, halfway through New York session, the
halfway through New York session, the market starts to slow down again and
market starts to slow down again and then things start to just not get any
then things start to just not get any volatility. The market takes a break for
volatility. The market takes a break for a couple of hours and then the pattern
a couple of hours and then the pattern repeats itself. This will repeat itself
repeats itself. This will repeat itself from Monday to Friday every single day.
from Monday to Friday every single day. Now the key point here that you need to
Now the key point here that you need to understand is that there is
understand is that there is realistically only a window that you
realistically only a window that you need to be involved into the market. You
need to be involved into the market. You can only get involved in the market from
can only get involved in the market from 1 in the morning all the way up to
1 in the morning all the way up to around 10:30 in the morning. And some of
around 10:30 in the morning. And some of you guys may be asking, "But wait, Alex,
you guys may be asking, "But wait, Alex, there's still some volatility over here
there's still some volatility over here where the New York session and the
where the New York session and the London session overlap." It's like, yes,
London session overlap." It's like, yes, correct. Yes, there's still going to be
correct. Yes, there's still going to be some fights going down here. It's still
some fights going down here. It's still going to be aggressive, but it's it's
going to be aggressive, but it's it's headed towards the end of that. And you
headed towards the end of that. And you don't want to enter a trade while it's
don't want to enter a trade while it's being extremely volatile and then what
being extremely volatile and then what ends up happening is that it slows down
ends up happening is that it slows down for the next 10 hours because at let's
for the next 10 hours because at let's say you enter a trade at around noon,
say you enter a trade at around noon, right? You're not going to be having any
right? You're not going to be having any volatility for the next nearly 10 hours.
volatility for the next nearly 10 hours. 1 2 3 4 we have 10 11 12 11 hours.
1 2 3 4 we have 10 11 12 11 hours. You're going to have absolutely no
You're going to have absolutely no volatility in your trade. Does it make
volatility in your trade. Does it make sense to enter a trade that is not going
sense to enter a trade that is not going to have any movement for the next 11
to have any movement for the next 11 hours? Not really. And you're going to
hours? Not really. And you're going to pay an unnecessary fee once the market
pay an unnecessary fee once the market closes and then opens up again because
closes and then opens up again because every single day at 5:00 p.m. EST the
every single day at 5:00 p.m. EST the market closes, it opens up literally for
market closes, it opens up literally for like 1 minute. And then what ends up
like 1 minute. And then what ends up happening is you have to pay a swap, you
happening is you have to pay a swap, you have to pay commission fees for holding
have to pay commission fees for holding trades overnight. And it just come not
trades overnight. And it just come not only does it cost more money to do that,
only does it cost more money to do that, but then you just have trades that are
but then you just have trades that are going to be in the same point for the
going to be in the same point for the next 11 hours. And there's nothing more
next 11 hours. And there's nothing more that I hate than looking at my money do
that I hate than looking at my money do nothing, right? I either want my trade
nothing, right? I either want my trade to hit my stop loss or hit my takeprofit
to hit my stop loss or hit my takeprofit right away. I don't want to be in the
right away. I don't want to be in the same exact point of the market just
same exact point of the market just being still for the next 11 hours. So,
being still for the next 11 hours. So, you want to enter the trade either right
you want to enter the trade either right before the session starts to kick in,
before the session starts to kick in, either right in the middle of London
either right in the middle of London session, right before the real batter
session, right before the real batter starts to kick in inside of that battle
starts to kick in inside of that battle or right before it starts to drop off.
or right before it starts to drop off. You can enter a trade anywhere 9 10 in
You can enter a trade anywhere 9 10 in the morning and then you can catch the
the morning and then you can catch the ending of the overlap of London and New
ending of the overlap of London and New York session. Anything after 10 in the
York session. Anything after 10 in the morning I have not taken a trade after
morning I have not taken a trade after that time. I can't even remember. I
that time. I can't even remember. I think it's been 4 years since I have
think it's been 4 years since I have taken a trade past 10:30 in the morning.
taken a trade past 10:30 in the morning. Now once again is there going to be an
Now once again is there going to be an example? is going to be a 1 out of 20,
example? is going to be a 1 out of 20, one out of 30 probability that the trade
one out of 30 probability that the trade that you would have taken at, let's say,
that you would have taken at, let's say, 12:00, it actually ends up hitting your
12:00, it actually ends up hitting your takerit by 8:00 p.m. Sure, of course,
takerit by 8:00 p.m. Sure, of course, there's always going to be these one-off
there's always going to be these one-off opportunities. But that is not how you
opportunities. But that is not how you build a sustainable, profitable
build a sustainable, profitable strategy. That is a strategy that you
strategy. That is a strategy that you follow time and time and time and time
follow time and time and time and time and time again. This is something that
and time again. This is something that is proven system that it simply just
is proven system that it simply just works. You get involved before the
works. You get involved before the session kicks in either right in the the
session kicks in either right in the the middle of it in the middle of the peak
middle of it in the middle of the peak over the overlap or right before the
over the overlap or right before the ending session of that. This has led me
ending session of that. This has led me to have my biggest trade. I think I my
to have my biggest trade. I think I my biggest trade is like half a million
biggest trade is like half a million dollars. This is what led me to be able
dollars. This is what led me to be able to have that trade. This also led me to
to have that trade. This also led me to be able to avoid many losses. Because if
be able to avoid many losses. Because if you are only focused in trading about,
you are only focused in trading about, let's say, six to seven hours out of the
let's say, six to seven hours out of the whole entire trading day, you're really
whole entire trading day, you're really only focused on a very specific time
only focused on a very specific time right here. And I know this tends to be
right here. And I know this tends to be an issue because a lot of people tend to
an issue because a lot of people tend to be at jobs anywhere from or either at
be at jobs anywhere from or either at jobs or sleeping from 1:00 in the
jobs or sleeping from 1:00 in the morning to about 10:00 in the morning.
morning to about 10:00 in the morning. Like this is a crucial time right here.
Like this is a crucial time right here. But I will tell you this, the sacrifice
But I will tell you this, the sacrifice is definitely worth it to be involved in
is definitely worth it to be involved in between these time frames right here.
between these time frames right here. From 1 in the morning to 10 in the
From 1 in the morning to 10 in the morning, EST is the most accurate times
morning, EST is the most accurate times for you to be trading. Anything outside
for you to be trading. Anything outside of this time frames right here, I could
of this time frames right here, I could guarantee you, you will not have
guarantee you, you will not have anywhere near as much volatility. It
anywhere near as much volatility. It just simply does not happen. The two big
just simply does not happen. The two big banks are going to be closed and you're
banks are going to be closed and you're just not going to have enough volume.
just not going to have enough volume. And this is goes especially to the
And this is goes especially to the markets that have the US in it. any
markets that have the US in it. any markets that have the dollar for example
markets that have the dollar for example let's trade let's say you're trading
let's trade let's say you're trading euro USD if the euro if the dollar is
euro USD if the euro if the dollar is asleep and the banks are closed how do
asleep and the banks are closed how do you expect for that to have any movement
you expect for that to have any movement in this session over here so this goes
in this session over here so this goes specifically to those markets like
specifically to those markets like GBPUSD eurousd anything that bols that
GBPUSD eurousd anything that bols that involves the USD if the USD market is
involves the USD if the USD market is asleep or it is not open it's not going
asleep or it is not open it's not going to have any volatility can you still
to have any volatility can you still trade USD markets in the London session
trade USD markets in the London session cuz technically the London session
cuz technically the London session hasn't opened. Yes, actually it's even
hasn't opened. Yes, actually it's even better cuz let's say you trade EuroUSD
better cuz let's say you trade EuroUSD or GBPUSD. You're trading the pound
or GBPUSD. You're trading the pound right when the market opens over there
right when the market opens over there and then when New York session opens,
and then when New York session opens, you get double the volatility with the
you get double the volatility with the same exact currency pair. That right
same exact currency pair. That right there is the golden ticket to having the
there is the golden ticket to having the perfect moves. Now, you obviously need
perfect moves. Now, you obviously need to align that up with a strategy. You
to align that up with a strategy. You need to know what you're looking at in
need to know what you're looking at in the charts. Just because it's 1 in the
the charts. Just because it's 1 in the morning, you can't just click buy or
morning, you can't just click buy or click sell and expect to make money. Can
click sell and expect to make money. Can you get lucky? Sure. But that's not once
you get lucky? Sure. But that's not once again how you have a sustainable income
again how you have a sustainable income while you're trading. So to sum things
while you're trading. So to sum things up, yes, the markets are open 245 and
up, yes, the markets are open 245 and technically you could go and execute a
technically you could go and execute a trade at any one at those hours. You can
trade at any one at those hours. You can literally go and hit the buy or sell
literally go and hit the buy or sell button at any time you want. But there
button at any time you want. But there is going to be a high chance that if you
is going to be a high chance that if you are not in the correct session that you
are not in the correct session that you one are going to pay unnecessary fees,
one are going to pay unnecessary fees, and two, you're going to be stuck in a
and two, you're going to be stuck in a volume that is going to simply have no
volume that is going to simply have no movement. I want to make sure that I can
movement. I want to make sure that I can enter a trade when there's going to be a
enter a trade when there's going to be a lot of movement and the odds of my trade
lot of movement and the odds of my trade winning are going to be a lot higher.
winning are going to be a lot higher. So, this right here is the currency
So, this right here is the currency market trading session. And this works
market trading session. And this works for every single currency per hour
for every single currency per hour there. Whether it is AUD, JPY, USD, JPY,
there. Whether it is AUD, JPY, USD, JPY, Euro AUD, everything is always going to
Euro AUD, everything is always going to fall inside of this trading session
fall inside of this trading session right here. That is going to be the
right here. That is going to be the session that is going to create the best
session that is going to create the best movements at any given point. And the
movements at any given point. And the key of it is so you know how to put that
key of it is so you know how to put that together with a profitable strategy. And
together with a profitable strategy. And I'm going to be teaching you that in the
I'm going to be teaching you that in the next couple of hours. All right. So now
next couple of hours. All right. So now moving on to the next subject. Now that
moving on to the next subject. Now that you understand that you actually need to
you understand that you actually need to be trading in a proper session and where
be trading in a proper session and where you need to be in that fight, you got to
you need to be in that fight, you got to make sure you're there at the right
make sure you're there at the right times. But now you're probably asking,
times. But now you're probably asking, "All right, Alex, I get it. But what do
"All right, Alex, I get it. But what do I need in order for me to actually go
I need in order for me to actually go and execute a trade in these markets?
and execute a trade in these markets? What do I have to actually do so I place
What do I have to actually do so I place a bet on the fight? I think I got the
a bet on the fight? I think I got the potential fighter that I think is going
potential fighter that I think is going to win for the next couple of rounds.
to win for the next couple of rounds. What is the actual platforms that I can
What is the actual platforms that I can go and execute that buy position or that
go and execute that buy position or that sell position? Well, it's actually very
sell position? Well, it's actually very simple. You realistically just need
simple. You realistically just need these three platforms right here. So,
these three platforms right here. So, the first platform that you're going to
the first platform that you're going to need is going to be Trading View. So,
need is going to be Trading View. So, Trading View is what we've been on
Trading View is what we've been on pretty much this whole entire time.
pretty much this whole entire time. Trading View is where the actual charts
Trading View is where the actual charts are going to be represented. Trading
are going to be represented. Trading View is where you're going to analyze
View is where you're going to analyze the charts and determine if you want to
the charts and determine if you want to either buy or sell the market. Trading
either buy or sell the market. Trading View is where you're going to do your
View is where you're going to do your top down analysis, where you're going to
top down analysis, where you're going to mark up your charts. This is where you
mark up your charts. This is where you see all these traders with these fancy
see all these traders with these fancy lines with you see them with these
lines with you see them with these boxes. You see them with these wins and
boxes. You see them with these wins and all of these losses. This is where
all of these losses. This is where you're going to see traders with
you're going to see traders with drawings and where they analyze their
drawings and where they analyze their trades and have notes based off of what
trades and have notes based off of what type of trade they're executing and
type of trade they're executing and where it meets their strategy. So once
where it meets their strategy. So once you've analyzed here on your actual
you've analyzed here on your actual charts that you want to determine that
charts that you want to determine that you want to buy or sell a market, you
you want to buy or sell a market, you then need to go to a broker. So, let's
then need to go to a broker. So, let's say right here you've been watching the
say right here you've been watching the fight for the last 5 minutes, 10
fight for the last 5 minutes, 10 minutes, and you're like, you know what?
minutes, and you're like, you know what? I see Mike Tyson that he's strong. I see
I see Mike Tyson that he's strong. I see Floyd May that he's weak or vice versa.
Floyd May that he's weak or vice versa. And for you to go ahead and place that
And for you to go ahead and place that bet, you have to literally get up from
bet, you have to literally get up from the fight and you have to go to the
the fight and you have to go to the betting station at these fights, you go
betting station at these fights, you go ahead and place your bet, and then you
ahead and place your bet, and then you go back down and then you watch the
go back down and then you watch the fight. This is pretty much the exact
fight. This is pretty much the exact same thing. So, on Trading View, you're
same thing. So, on Trading View, you're analyzing your charts. you determine
analyzing your charts. you determine that you want to bet that the euro is
that you want to bet that the euro is going to get stronger than the dollar or
going to get stronger than the dollar or that the dollar is going to get stronger
that the dollar is going to get stronger than the euro. So, you get out of
than the euro. So, you get out of trading view and then you are going to
trading view and then you are going to go to a broker. So, a broker is where
go to a broker. So, a broker is where you're going to go ahead and give them
you're going to go ahead and give them the money and then you're going to
the money and then you're going to execute your trade uh based off of what
execute your trade uh based off of what you want to do. So, I recommend many
you want to do. So, I recommend many different brokers. One of the brokers
different brokers. One of the brokers that I recommend is going to be LQ
that I recommend is going to be LQ Markets. This broker accepts traders.
Markets. This broker accepts traders. They have a 1 to500 leverage. You can
They have a 1 to500 leverage. You can start off with small $10 deposit. They
start off with small $10 deposit. They have many different types of accounts
have many different types of accounts that you can go ahead and use with them.
that you can go ahead and use with them. And another just in case if you don't
And another just in case if you don't like LQ Markets for whatever reason. I
like LQ Markets for whatever reason. I also recommend OneX Trade. This is
also recommend OneX Trade. This is another platform or another broker that
another platform or another broker that I would recommend. Also, pretty cool
I would recommend. Also, pretty cool features of them is that they have these
features of them is that they have these lotsiz calculators. You can
lotsiz calculators. You can pre-calculate your risk on your
pre-calculate your risk on your positions here. And I'll explain all of
positions here. And I'll explain all of that in just a second. But basically,
that in just a second. But basically, once you were to deposit your funds into
once you were to deposit your funds into the broker, now can you actually go and
the broker, now can you actually go and execute the trade on the broker? The
execute the trade on the broker? The answer is no. You cannot. for you to go
answer is no. You cannot. for you to go ahead and execute the position. The
ahead and execute the position. The broker is going to then take that
broker is going to then take that position into a marketplace. So this
position into a marketplace. So this right here, what the broker does is like
right here, what the broker does is like the middleman from the real marketplace.
the middleman from the real marketplace. So there's a real marketplace slash
So there's a real marketplace slash liquidity and us as retail traders as we
liquidity and us as retail traders as we are, even including myself, whether it's
are, even including myself, whether it's my experience or how good of a trader I
my experience or how good of a trader I am, I am still a very small fish inside
am, I am still a very small fish inside of this industry. So, what the broker is
of this industry. So, what the broker is going to do is the broker is going to
going to do is the broker is going to take your funds and whenever you place a
take your funds and whenever you place a position, then they're going to go ahead
position, then they're going to go ahead and then feed it to the real market
and then feed it to the real market because then the real market is going to
because then the real market is going to then feed it back into the broker. So,
then feed it back into the broker. So, what the broker is, it's like the
what the broker is, it's like the middleman of the real markets. So,
middleman of the real markets. So, whatever you're seeing here in the
whatever you're seeing here in the markets, which is, let's say, 1.17312,
markets, which is, let's say, 1.17312, they get that offered at a different
they get that offered at a different price. Let's say they get it offered at
price. Let's say they get it offered at 1.730.
1.730. So, what the broker is going to do is
So, what the broker is going to do is they're going to charge you a spread.
they're going to charge you a spread. They're going to charge you a fee for
They're going to charge you a fee for them entering that position into the
them entering that position into the real market for you. And that's the
real market for you. And that's the broker game. Some brokers charge you
broker game. Some brokers charge you higher fees than others. That's why I
higher fees than others. That's why I have two of them cuz sometimes these
have two of them cuz sometimes these fees range. Some of them charge fees for
fees range. Some of them charge fees for holding positions every single day
holding positions every single day because they are the ones that are going
because they are the ones that are going to go ahead and actually execute your
to go ahead and actually execute your trade into the real market. And then
trade into the real market. And then based off of your results, whenever you
based off of your results, whenever you decide to close your position, whether
decide to close your position, whether you win or lose, the market feeds it
you win or lose, the market feeds it back to the broker. and then the broker
back to the broker. and then the broker feeds it right back to you. The broker
feeds it right back to you. The broker is the middleman for you to get access
is the middleman for you to get access to the real markets. You cannot get
to the real markets. You cannot get access to the real markets without a
access to the real markets without a broker unless you're a bank. And I right
broker unless you're a bank. And I right now have no possibility to be a bank.
now have no possibility to be a bank. You need tens of millions of dollars for
You need tens of millions of dollars for that. You need proper licensing. And
that. You need proper licensing. And truthfully, I rather pay the broker the
truthfully, I rather pay the broker the couple bucks that it takes for them to
couple bucks that it takes for them to connect my trade into the market. It
connect my trade into the market. It makes things far easier. Now, you can't
makes things far easier. Now, you can't go ahead and execute the trade on the
go ahead and execute the trade on the broker itself. The broker is like the
broker itself. The broker is like the bank. So, picture this right here as if
bank. So, picture this right here as if it were to be Chase Bank or as if it
it were to be Chase Bank or as if it were to be Wells Fargo. Now, when you go
were to be Wells Fargo. Now, when you go send money from Chase Bank or whenever
send money from Chase Bank or whenever you go pay somebody from Chase Bank to
you go pay somebody from Chase Bank to Wells Fargo, you're not going to be
Wells Fargo, you're not going to be paying them via Chase Bank. You're going
paying them via Chase Bank. You're going to be paying them either PayPal or Zel
to be paying them either PayPal or Zel or Stripe. It's going to be a payment
or Stripe. It's going to be a payment processor that's going to process your
processor that's going to process your payment to somebody else. Can you do a
payment to somebody else. Can you do a wire transfer? Can you do all of these
wire transfer? Can you do all of these other stuff? Yes. But we're going to use
other stuff? Yes. But we're going to use the example of using these third-party
the example of using these third-party merchants that actually send money back
merchants that actually send money back and forth. So when you go to the broker,
and forth. So when you go to the broker, the broker accepts your funds and then
the broker accepts your funds and then when you're going to go ahead and
when you're going to go ahead and execute a trade, which is going to be
execute a trade, which is going to be like sending money, you're then going to
like sending money, you're then going to use a platform called MetaTrader 5. So
use a platform called MetaTrader 5. So MetaTrader 5 is going to be the platform
MetaTrader 5 is going to be the platform that you are going to actually execute
that you are going to actually execute your position on. So you first go to
your position on. So you first go to Trading View, you determine if you want
Trading View, you determine if you want to enter a trade or not. You deposit
to enter a trade or not. You deposit funds into the broker. The broker is
funds into the broker. The broker is like a bank. You can just have funds in
like a bank. You can just have funds in there just chilling. And then whenever
there just chilling. And then whenever you're ready to go ahead and execute the
you're ready to go ahead and execute the trade, you go to MetaTrader. So once you
trade, you go to MetaTrader. So once you deposit money into the broker, you
deposit money into the broker, you pretty much skip the broker every single
pretty much skip the broker every single time because you just go from the charts
time because you just go from the charts straight to the platform to go ahead and
straight to the platform to go ahead and execute the trade. Once you are in
execute the trade. Once you are in Trading View to execute the trade,
Trading View to execute the trade, simply click buy or sell. That's pretty
simply click buy or sell. That's pretty much it. So here, based off of your
much it. So here, based off of your analysis that you did on Trading View,
analysis that you did on Trading View, you're going to go ahead and then
you're going to go ahead and then execute the trade at this point. So,
execute the trade at this point. So, simplest analogy that I can put is
simplest analogy that I can put is you're watching the fight. After the
you're watching the fight. After the fight, you go to the little betting
fight, you go to the little betting station at the arena. And then from that
station at the arena. And then from that betting station, they're going to give
betting station, they're going to give you a little piece of paper. The little
you a little piece of paper. The little piece of paper is your slip that you've
piece of paper is your slip that you've just betted on. And this is basically
just betted on. And this is basically what your slip is going to be. So, this
what your slip is going to be. So, this is where you're going to be able to see
is where you're going to be able to see if your trade is in profit, if your
if your trade is in profit, if your trade is in loss, and whatever directly
trade is in loss, and whatever directly is reflected off of MetaTrader 5, then
is reflected off of MetaTrader 5, then it's going to go right back into the
it's going to go right back into the broker. So, no money is ever inside of
broker. So, no money is ever inside of MetaTrader 5. MetaTrader 5 is just a
MetaTrader 5. MetaTrader 5 is just a platform that represents the positions
platform that represents the positions that you've actually executed on the
that you've actually executed on the broker. Some brokers offer MetaTrader 5,
broker. Some brokers offer MetaTrader 5, some brokers don't. Doesn't really
some brokers don't. Doesn't really matter if they do or if they don't. This
matter if they do or if they don't. This is just simply one of the actual ways
is just simply one of the actual ways for you to execute the trades into the
for you to execute the trades into the market. There is hundreds of difference
market. There is hundreds of difference of platforms for you to execute trades
of platforms for you to execute trades in the markets. There's hundreds of
in the markets. There's hundreds of difference of brokers out there. And all
difference of brokers out there. And all this platform really does is just the
this platform really does is just the most commonly known one and the one that
most commonly known one and the one that I personally use. This is just the main
I personally use. This is just the main known one for you to be able to go ahead
known one for you to be able to go ahead and execute those positions on there. So
and execute those positions on there. So this MetaTrader 5 is never like this is
this MetaTrader 5 is never like this is not a broker. This is just one of those
not a broker. This is just one of those payment processors. If you go ahead and
payment processors. If you go ahead and try and pay somebody with PayPal, you
try and pay somebody with PayPal, you can go ahead and then use Stripe. If you
can go ahead and then use Stripe. If you Stripe doesn't work, you'll use Zel. If
Stripe doesn't work, you'll use Zel. If Zel doesn't use your try something else,
Zel doesn't use your try something else, right? It's just it's a different
right? It's just it's a different platform to just execute the trades on.
platform to just execute the trades on. But the money will always be inside of
But the money will always be inside of the broker. It's just reflected on this
the broker. It's just reflected on this platform right here. Basically, win or
platform right here. Basically, win or lose money then you know goes back into
lose money then you know goes back into the broker and then there you can decide
the broker and then there you can decide to withdraw. Take it to your bank, take
to withdraw. Take it to your bank, take it to an exchange, take it to wherever
it to an exchange, take it to wherever and then you simply just withdraw your
and then you simply just withdraw your funds. So these are the only tools you
funds. So these are the only tools you are going to need for you to actually be
are going to need for you to actually be able to be ready to take a trade. You
able to be ready to take a trade. You analyze the markets on Trading View.
analyze the markets on Trading View. Then you go ahead and have your broker
Then you go ahead and have your broker of choice. I recommend both of these
of choice. I recommend both of these brokers. Is there hundreds of other
brokers. Is there hundreds of other different brokers out there? Yes. I
different brokers out there? Yes. I personally like these two brokers simply
personally like these two brokers simply because they offer higher leverages and
because they offer higher leverages and for the type of account flips that I
for the type of account flips that I personally do. You know, I've taken very
personally do. You know, I've taken very small amounts of money to very large
small amounts of money to very large amounts of money. It's very hard to do
amounts of money. It's very hard to do that on heavily regulated brokers simply
that on heavily regulated brokers simply because if something is heavily
because if something is heavily regulated, they will not allow that high
regulated, they will not allow that high leverage and I would much rather have my
leverage and I would much rather have my funds on a broker that lets me have more
funds on a broker that lets me have more access to my funds and I'm able to
access to my funds and I'm able to actually leverage it more. So that's
actually leverage it more. So that's what these two brokers offers. trusted
what these two brokers offers. trusted brokers in my opinion. I've been using
brokers in my opinion. I've been using them for a very long time and they're
them for a very long time and they're not the best ones. I'm sure there's
not the best ones. I'm sure there's others out there that offer different
others out there that offer different fee structures, um, different commission
fee structures, um, different commission structures and I leave you go to go
structures and I leave you go to go ahead and do your own due diligence on
ahead and do your own due diligence on it. But these are the both brokers that
it. But these are the both brokers that I recommend and I have been using for
I recommend and I have been using for some very long time. And then same thing
some very long time. And then same thing with MetaTrader 5. Is MetaTrader 5 the
with MetaTrader 5. Is MetaTrader 5 the end all beall platform where you can go
end all beall platform where you can go ahead and execute your trades? No.
ahead and execute your trades? No. There's hundreds of different trading
There's hundreds of different trading platforms out there that you can go
platforms out there that you can go ahead and execute your positions on.
ahead and execute your positions on. Metatrader 5 is just the most commonly
Metatrader 5 is just the most commonly known one that everybody's probably seen
known one that everybody's probably seen it. This is like a PayPal. You're going
it. This is like a PayPal. You're going to send money from one friend to
to send money from one friend to another. You're going to do it through
another. You're going to do it through PayPal. And if not, it's a different
PayPal. And if not, it's a different one. At the end of the day, what matters
one. At the end of the day, what matters is that the money is sent through. At
is that the money is sent through. At the end of the day, what matters is that
the end of the day, what matters is that the trade is actually executed. That's
the trade is actually executed. That's pretty much it. Now, if you want to
pretty much it. Now, if you want to withdraw your funds in crypto and then
withdraw your funds in crypto and then you want to take it from crypto to your
you want to take it from crypto to your bank account, there's many different
bank account, there's many different exchanges. You know, you have the
exchanges. You know, you have the biggest ones which are Coinbase, you
biggest ones which are Coinbase, you have Binance, you have Kraken. There's
have Binance, you have Kraken. There's many different exchanges that you can go
many different exchanges that you can go ahead and send those funds to and then
ahead and send those funds to and then from there you take it to your bank.
from there you take it to your bank. Now, how can you deposit into the
Now, how can you deposit into the brokers? You, you know, these brokers
brokers? You, you know, these brokers take credit, debit card or they can send
take credit, debit card or they can send them a BTC, crypto, however you want.
them a BTC, crypto, however you want. So, it's however you want to deposit the
So, it's however you want to deposit the funds into the broker. But these are the
funds into the broker. But these are the only trading platforms you are going to
only trading platforms you are going to need for you to be able to execute a
need for you to be able to execute a trade successfully. There is hundreds of
trade successfully. There is hundreds of different other platforms out there,
different other platforms out there, right? There's hundreds of different
right? There's hundreds of different other, you know, web links, hooks that
other, you know, web links, hooks that you can add, but I guarantee you, you do
you can add, but I guarantee you, you do not need anything else aside from this
not need anything else aside from this right here. This is my window of
right here. This is my window of trading. And these are the only tabs
trading. And these are the only tabs that I will ever have open. My trading
that I will ever have open. My trading view, the brokers that I use, my
view, the brokers that I use, my checklist for my strategy, my community,
checklist for my strategy, my community, and last but not least, Forex Fac. Forex
and last but not least, Forex Fac. Forex Factory, as you can tell, is the last
Factory, as you can tell, is the last one on my list. Not because it is the
one on my list. Not because it is the least important, but because it is the
least important, but because it is the one that I potentially use the least.
one that I potentially use the least. And that is because this right here is a
And that is because this right here is a fundamentals tab. So Forex Factory is
fundamentals tab. So Forex Factory is mainly driven by fundamentals. So as you
mainly driven by fundamentals. So as you can tell here, if we were to click on
can tell here, if we were to click on the calendar section of Forex Factory,
the calendar section of Forex Factory, we're going to have all of these
we're going to have all of these potential impact news that are going to
potential impact news that are going to pop up. And as you can tell, what we
pop up. And as you can tell, what we have is if I were to just go back one
have is if I were to just go back one time, this lets us know the exact date
time, this lets us know the exact date and time when news are going to come out
and time when news are going to come out for a specific currency. And the color
for a specific currency. And the color of this folder is the importance of it.
of this folder is the importance of it. So something that is a red folder is far
So something that is a red folder is far more important than something that's an
more important than something that's an orange folder. And obviously we have
orange folder. And obviously we have yellow folders and then gray folders,
yellow folders and then gray folders, but I simply just don't use them because
but I simply just don't use them because they obviously are very slightly like
they obviously are very slightly like they don't impact the market at all. So,
they don't impact the market at all. So, I always like to focus on the red
I always like to focus on the red folders, but this is the only other
folders, but this is the only other platform if it causes any possible
platform if it causes any possible curiosity for you to understand the
curiosity for you to understand the fundamentals. And I'm going to break
fundamentals. And I'm going to break down the difference between fundamental
down the difference between fundamental trading and actual technical trading
trading and actual technical trading later on into this video. But this is
later on into this video. But this is the only other platform that is going to
the only other platform that is going to be needed. Here you can literally see
be needed. Here you can literally see what the forecast of the fundamentals
what the forecast of the fundamentals are going to be, what it was previously,
are going to be, what it was previously, and then what it actually was. And as
and then what it actually was. And as you can tell, for the majority of the
you can tell, for the majority of the part, it really is never that much off.
part, it really is never that much off. And these doesn't really create any big
And these doesn't really create any big impacts into the market. These are all
impacts into the market. These are all very minimal. Even the big red folders
very minimal. Even the big red folders don't really have a big impact on the
don't really have a big impact on the market. It happens occasionally, but
market. It happens occasionally, but it's not a way for you to actually
it's not a way for you to actually create a profitable strategy. So, these
create a profitable strategy. So, these are the main trading tools, the main
are the main trading tools, the main trading platforms that you're going to
trading platforms that you're going to need. The last but not least will be
need. The last but not least will be forexfactory.com. That is just for you
forexfactory.com. That is just for you to understand the actual fundamentals of
to understand the actual fundamentals of the trade. Aside from that, you do not
the trade. Aside from that, you do not need any other trading platforms. You do
need any other trading platforms. You do not need any other tools. You don't need
not need any other tools. You don't need anything else. All you need is just your
anything else. All you need is just your trading view. You need your broker and
trading view. You need your broker and then you need the platform for you to
then you need the platform for you to actually execute the trade. And that is
actually execute the trade. And that is it. So now taking this a step further,
it. So now taking this a step further, I'm going to actually show you guys how
I'm going to actually show you guys how to create an account on a broker and how
to create an account on a broker and how easy it is to deposit into it. So right
easy it is to deposit into it. So right now we're watching the fight. Euro USD
now we're watching the fight. Euro USD is going up and I see that Euro is going
is going up and I see that Euro is going to get stronger. Let me go ahead and buy
to get stronger. Let me go ahead and buy the euro. So we're going to put the
the euro. So we're going to put the example on 1xtrade.com. So go to 1
example on 1xtrade.com. So go to 1 onxtrade.com. I created a random demo
onxtrade.com. I created a random demo account. Just used a random email and
account. Just used a random email and this is the portal inside. So, some
this is the portal inside. So, some people sometimes get tempted or some
people sometimes get tempted or some people get skeptical by this, but it's
people get skeptical by this, but it's very easy process. It's very seamless
very easy process. It's very seamless process, right? So, right here, as you
process, right? So, right here, as you can tell, it's a brand new account.
can tell, it's a brand new account. There's no real transactions. There
There's no real transactions. There really isn't anything. Dashboards are
really isn't anything. Dashboards are super simple because everything is
super simple because everything is straight to the point. All this is right
straight to the point. All this is right here is like a bank. The money is going
here is like a bank. The money is going to reflect here how much you deposited,
to reflect here how much you deposited, how much you've profit, and how much
how much you've profit, and how much you've withdrawn. Very simple. and where
you've withdrawn. Very simple. and where you see the actual trades, where you see
you see the actual trades, where you see the actual P&L, all of that is going to
the actual P&L, all of that is going to reflect on MetaTrader. So, we're going
reflect on MetaTrader. So, we're going to go one step at a time. So, right here
to go one step at a time. So, right here we have 1xtrade.com. This is the
we have 1xtrade.com. This is the dashboard. And let's say we want to go
dashboard. And let's say we want to go ahead and deposit some funds. For us to
ahead and deposit some funds. For us to deposit some funds, we need to go ahead
deposit some funds, we need to go ahead and create an account. Once we create
and create an account. Once we create one of these accounts, we can pick from
one of these accounts, we can pick from either a standard, a commission free, or
either a standard, a commission free, or an expert account. For this example,
an expert account. For this example, we'll just go with a standard. The
we'll just go with a standard. The difference usually tends to be minimal.
difference usually tends to be minimal. And we're going to go with a 1 to 500
And we're going to go with a 1 to 500 leverage, right? Very easy, very simple.
leverage, right? Very easy, very simple. This is the max leverage that they
This is the max leverage that they offer. I'm going to explain what
offer. I'm going to explain what leverage is later on into this video.
leverage is later on into this video. So, I want to go one thing at a time.
So, I want to go one thing at a time. So, right here, as you can tell, we have
So, right here, as you can tell, we have created a account. So, now we have 1
created a account. So, now we have 1 to500 leverage. We have $0 balance and
to500 leverage. We have $0 balance and we have zero equity into our account.
we have zero equity into our account. So, for us to go ahead and actually
So, for us to go ahead and actually deposit it, we click quick deposit up at
deposit it, we click quick deposit up at this top section over here. Now, we have
this top section over here. Now, we have the option to deposit in crypto or we
the option to deposit in crypto or we can go ahead and deposit in credit card.
can go ahead and deposit in credit card. So, this is a much faster process and it
So, this is a much faster process and it can be done in the next couple of
can be done in the next couple of seconds. I'm just going to use crypto
seconds. I'm just going to use crypto and we're going to go ahead and click on
and we're going to go ahead and click on this account. Make sure that we have
this account. Make sure that we have crypto as our option. We don't have a
crypto as our option. We don't have a promo code, but we are just going to
promo code, but we are just going to place a basic $100 deposit into this
place a basic $100 deposit into this broker. Minimum is 10 bucks, but I'll do
broker. Minimum is 10 bucks, but I'll do a 100 bucks. Promo codes. If this is if
a 100 bucks. Promo codes. If this is if you have any actual, you know, credits
you have any actual, you know, credits like, you know, use promo code Alex, for
like, you know, use promo code Alex, for example, you get an extra 100 bucks. Not
example, you get an extra 100 bucks. Not saying that's a real thing, but
saying that's a real thing, but sometimes they offer promos for that
sometimes they offer promos for that stuff. So, let's say we click deposit
stuff. So, let's say we click deposit into the trading account. I can deposit
into the trading account. I can deposit in Bitcoin, Litecoin, Ethereum, Tether,
in Bitcoin, Litecoin, Ethereum, Tether, or USDC coin. We're going to use USDT
or USDC coin. We're going to use USDT ERC20 for this example. And this is the
ERC20 for this example. And this is the actual wallet address. So, I'm going to
actual wallet address. So, I'm going to head over to my phone and just send a
head over to my phone and just send a quick 100 bucks just to show you guys
quick 100 bucks just to show you guys how simple this is. So, right now, I'm
how simple this is. So, right now, I'm sending the funds from my cold wallet
sending the funds from my cold wallet into this platform. So, just waiting for
into this platform. So, just waiting for this to load. Some people don't have a
this to load. Some people don't have a code wallet. You guys can use credit
code wallet. You guys can use credit debit. Usually takes a little bit longer
debit. Usually takes a little bit longer because, you know, the processing has to
because, you know, the processing has to go through. Crypto tends to be pretty
go through. Crypto tends to be pretty quick. So, I've already sent it over.
quick. So, I've already sent it over. Should pretty much reflect into my P&L
Should pretty much reflect into my P&L here. Pretty simple. Once payment is
here. Pretty simple. Once payment is confirmed, they will be reflected on
confirmed, they will be reflected on your account. Cool. So, we can just go
your account. Cool. So, we can just go back over to our dashboard here and
back over to our dashboard here and pretty much just give it a couple of
pretty much just give it a couple of seconds and it should pop up pretty
seconds and it should pop up pretty quick. And as soon as it pops up, I'm
quick. And as soon as it pops up, I'm basically going to log in over here to
basically going to log in over here to my MT5 account on my phone. And then
my MT5 account on my phone. And then we're going to see how that is going to
we're going to see how that is going to be reflected then. So let's give it a
be reflected then. So let's give it a couple seconds until the balance pops
couple seconds until the balance pops up. All right, so quick update about 7
up. All right, so quick update about 7 minutes later 100 bucks got here. This
minutes later 100 bucks got here. This is probably like the part where a lot of
is probably like the part where a lot of people get sketched out. Sometimes you
people get sketched out. Sometimes you just have to let the crypto do its
just have to let the crypto do its thing. It takes time. It's part of the
thing. It takes time. It's part of the process. Usually it takes, you know, 1
process. Usually it takes, you know, 1 to two minutes. This time it took 7
to two minutes. This time it took 7 minutes. I guess it's because it's a
minutes. I guess it's because it's a near market closure. I don't know what
near market closure. I don't know what the case is, but the funds are now here.
the case is, but the funds are now here. Quick 100 bucks. So picture this as if
Quick 100 bucks. So picture this as if this were to be like the bank, right? So
this were to be like the bank, right? So the funds are now in the bank. Now in
the funds are now in the bank. Now in the bank, you can't actually go and send
the bank, you can't actually go and send any funds out. You have to connect it to
any funds out. You have to connect it to PayPal, which is going to be MetaTrader.
PayPal, which is going to be MetaTrader. And then you connect your funds to
And then you connect your funds to MetaTrader and you can go ahead and
MetaTrader and you can go ahead and execute your trades and send the trades
execute your trades and send the trades out to the markets. You want to send
out to the markets. You want to send these funds out to anybody. Now it goes
these funds out to anybody. Now it goes from this bank. You connect to PayPal
from this bank. You connect to PayPal and then you can send it to whoever. So
and then you can send it to whoever. So we come here, we click on view. You can
we come here, we click on view. You can tell we have the MetaTrader 5 account.
tell we have the MetaTrader 5 account. We have a standard account. This is my
We have a standard account. This is my account number. All I have to do now is
account number. All I have to do now is go to MetaTrader. And when I go to
go to MetaTrader. And when I go to MetaTrader, I search up the server. So,
MetaTrader, I search up the server. So, it's 1x trade server. I click on the
it's 1x trade server. I click on the server. I then put on the account
server. I then put on the account number, put my password, and I'm pretty
number, put my password, and I'm pretty much logged in. As you can tell, this is
much logged in. As you can tell, this is a brand new account. There's literally
a brand new account. There's literally no history on it. There's no anything,
no history on it. There's no anything, right? We can go to transactions. We can
right? We can go to transactions. We can go to everything. You can tell the 100
go to everything. You can tell the 100 bucks just got completed literally 7
bucks just got completed literally 7 minutes ago. And I'm going to log in now
minutes ago. And I'm going to log in now to Trading View. I mean, I'm going to
to Trading View. I mean, I'm going to log in now to MetaTrader so you guys can
log in now to MetaTrader so you guys can go ahead and see how that looks in that
go ahead and see how that looks in that option right now. So, the money is in
option right now. So, the money is in the bank. Let's now go to the actual
the bank. Let's now go to the actual platform where we're going to execute
platform where we're going to execute the trade on. All right. So, now that we
the trade on. All right. So, now that we have officially logged into our
have officially logged into our MetaTrader on the phone, this is what
MetaTrader on the phone, this is what it's going to look like. So, I'm just
it's going to look like. So, I'm just going to screen record here on my phone.
going to screen record here on my phone. They probably put half the screen the
They probably put half the screen the MetaTrader half the screen myself. So,
MetaTrader half the screen myself. So, basically over here once we are actually
basically over here once we are actually inside of MetaTrader. So, we're going to
inside of MetaTrader. So, we're going to have 1 2 3 4 and then five buttons all
have 1 2 3 4 and then five buttons all the way over here at the bottom. As you
the way over here at the bottom. As you can tell, this is the server that we are
can tell, this is the server that we are in, 1x trade. And you can tell this is
in, 1x trade. And you can tell this is the exact same account number as you can
the exact same account number as you can see over here on the actual backend or
see over here on the actual backend or the dashboard of your account. You can
the dashboard of your account. You can tell it's 820838.
tell it's 820838. So once you go to the dashboard area of
So once you go to the dashboard area of this area and then you create a new
this area and then you create a new account, it automatically creates a
account, it automatically creates a brand new MetaTrader account for you.
brand new MetaTrader account for you. They send you the the login password
They send you the the login password directly to your email and all you have
directly to your email and all you have to do is log in. Once you log in, the
to do is log in. Once you log in, the money gets deposited into here and then
money gets deposited into here and then it's going to reflect onto here, which
it's going to reflect onto here, which is going to be the balance area of the
is going to be the balance area of the MetaTrader 5. So, the middle section is
MetaTrader 5. So, the middle section is where you can actually see your balance.
where you can actually see your balance. You can see the equity, the free margin,
You can see the equity, the free margin, which is where the trades are going to
which is where the trades are going to be fluctuating up and down. The button
be fluctuating up and down. The button next to that is going to be the history
next to that is going to be the history button. Here, you're going to be able to
button. Here, you're going to be able to see how much money you've deposited into
see how much money you've deposited into the platform. You can see the pending
the platform. You can see the pending orders, deals, everything, right? So,
orders, deals, everything, right? So, this is basically the history of the
this is basically the history of the account. Obviously, we've only deposited
account. Obviously, we've only deposited 100 bucks. It's all we're going to see
100 bucks. It's all we're going to see in this account. Settings option.
in this account. Settings option. Everything here is pretty
Everything here is pretty self-explanatory. This is just kind of
self-explanatory. This is just kind of the settings of the Metatrader 5. You
the settings of the Metatrader 5. You can never realistically use this unless
can never realistically use this unless you're going to create a brand new
you're going to create a brand new account or log into a different one. The
account or log into a different one. The chart area, this is where you can
chart area, this is where you can actually see the chart of the price that
actually see the chart of the price that you are going to be trading or the the
you are going to be trading or the the market you're going to be trading. For
market you're going to be trading. For example, let's say we were looking at
example, let's say we were looking at EuroUSD. We go over here to the quote
EuroUSD. We go over here to the quote section, which is going to be the last
section, which is going to be the last button all the way to the left. And
button all the way to the left. And let's say right now we're trying to
let's say right now we're trying to trade EuroUSD for example and it's not
trade EuroUSD for example and it's not reflecting. All we have to do is just
reflecting. All we have to do is just type it. Search up EuroUSD. Once we
type it. Search up EuroUSD. Once we click on it, we can just click answer.
click on it, we can just click answer. So after and it's going to add it all
So after and it's going to add it all the way at the bottom over here. Now if
the way at the bottom over here. Now if you want to see the chart of EuroUSD, we
you want to see the chart of EuroUSD, we just click on it, click on the chart
just click on it, click on the chart option, and then it'll take us to that
option, and then it'll take us to that second button once again. And then we're
second button once again. And then we're going to then be able to see Trading
going to then be able to see Trading View. So if you notice this trading view
View. So if you notice this trading view chart right here is the exact same
chart right here is the exact same trading view chart that we are going to
trading view chart that we are going to be looking at over here. As you can tell
be looking at over here. As you can tell price feed is nearly the same right
price feed is nearly the same right here. The market closed at 1.17312.
here. The market closed at 1.17312. And right here on the actual 1x trade
And right here on the actual 1x trade server the price feed is going to be
server the price feed is going to be 1.7370
1.7370 and 1.7340.
and 1.7340. So on trading view we get the real raw
So on trading view we get the real raw price. Now, here on 1x trade server, we
price. Now, here on 1x trade server, we get the markedup price. So, this is
get the markedup price. So, this is where the broker is just charging a bit
where the broker is just charging a bit of a spread for executing us into the
of a spread for executing us into the markets. It's part of the game. It's
markets. It's part of the game. It's inevitable. You have to pay the fees.
inevitable. You have to pay the fees. Whenever you send money through PayPal,
Whenever you send money through PayPal, whenever you pay for anything, there's a
whenever you pay for anything, there's a very small fee involved. It's part of
very small fee involved. It's part of the game. You want to get access to
the game. You want to get access to whatever it is that you're purchasing,
whatever it is that you're purchasing, you have to pay the fee. So, here's
you have to pay the fee. So, here's where you're going to be able to see all
where you're going to be able to see all of the markets that you are actually
of the markets that you are actually executing in the market. So, you can add
executing in the market. So, you can add as many markets as you want. You can go
as many markets as you want. You can go ahead and delete as many markets as you
ahead and delete as many markets as you want. Pretty easy, pretty userfriendly.
want. Pretty easy, pretty userfriendly. Everything is pretty self-explanatory.
Everything is pretty self-explanatory. You should realistically only be
You should realistically only be spending maybe 5% of your time on
spending maybe 5% of your time on MetaTrader because all that you do on
MetaTrader because all that you do on MetaTrader is simply just execute the
MetaTrader is simply just execute the trade. You're not ever actually
trade. You're not ever actually analyzing the markets in this chart
analyzing the markets in this chart section as you would be doing on Trading
section as you would be doing on Trading View, for example. Trading View is where
View, for example. Trading View is where you actually break down the chart, make
you actually break down the chart, make the trade make sense, and if you're
the trade make sense, and if you're interested in entering the trade. Now on
interested in entering the trade. Now on back to MetaTrader. This is where you
back to MetaTrader. This is where you actually go ahead and execute the trade.
actually go ahead and execute the trade. After you execute the trade, there's no
After you execute the trade, there's no reason why you should just be looking at
reason why you should just be looking at the money going up and down. What you
the money going up and down. What you should be doing as a trader is looking
should be doing as a trader is looking at the charts, seeing if the trade makes
at the charts, seeing if the trade makes sense, if the market is moving in your
sense, if the market is moving in your favor. And then obviously whatever the
favor. And then obviously whatever the charts are doing is going to reflect on
charts are doing is going to reflect on your profit and loss right here on
your profit and loss right here on MetaTrader. So over here all the way at
MetaTrader. So over here all the way at the far left section once again where we
the far left section once again where we have the quote section we have the
have the quote section we have the option to go ahead and enter the trade
option to go ahead and enter the trade which would be the first option once you
which would be the first option once you click on that market you have the option
click on that market you have the option to go look at the charts you can look at
to go look at the charts you can look at the trade details or you could look at
the trade details or you could look at the statistics I'm going to be
the statistics I'm going to be completely honest I've never clicked on
completely honest I've never clicked on this details option I don't know how to
this details option I don't know how to use any of these options right here
use any of these options right here these are just some details of the
these are just some details of the currency pair I don't know what any of
currency pair I don't know what any of this is I've never used it but it has
this is I've never used it but it has that feature and then you also have the
that feature and then you also have the statistics which it shows all of this
statistics which it shows all of this right here. Once again, I have
right here. Once again, I have absolutely no idea what any of this
absolutely no idea what any of this means. I've never used it in my life.
means. I've never used it in my life. All I know is that I use the one option
All I know is that I use the one option here, which is to go ahead and enter the
here, which is to go ahead and enter the trade into this market. Now, this button
trade into this market. Now, this button to enter the trade into this market is
to enter the trade into this market is going to have multiple different options
going to have multiple different options in here, right? So, you can go ahead
in here, right? So, you can go ahead either tap on that button and hold trade
either tap on that button and hold trade or you can go ahead and swipe it to the
or you can go ahead and swipe it to the right and then click plus. And that is
right and then click plus. And that is also going to give you the option to go
also going to give you the option to go ahead and execute this trade. So all the
ahead and execute this trade. So all the way at the top you can tell that we are
way at the top you can tell that we are trading EuroUSD. If you want to swap it
trading EuroUSD. If you want to swap it for whichever currency, you can go ahead
for whichever currency, you can go ahead and swap it for Euro CHF. You can swap
and swap it for Euro CHF. You can swap it for Euro CAD, but we're going to be
it for Euro CAD, but we're going to be using EuroUSD. Back here at the Euro
using EuroUSD. Back here at the Euro USD, the button under the market that
USD, the button under the market that we're going to be trading, you have the
we're going to be trading, you have the option to do either a buy limit, a sell
option to do either a buy limit, a sell limit, a buy stop, a sell stop, a buy
limit, a buy stop, a sell stop, a buy stop limit, and a sell stop limit. All
stop limit, and a sell stop limit. All of these are different limit orders that
of these are different limit orders that you're going to place on the markets.
you're going to place on the markets. And I'm going to explain to you what
And I'm going to explain to you what those limit orders when we actually get
those limit orders when we actually get into the charts. But I personally,
into the charts. But I personally, myself, I have never used neither one of
myself, I have never used neither one of these limits. I've never used a buy
these limits. I've never used a buy limit, a sell limit, a buy stop, a sell
limit, a sell limit, a buy stop, a sell stop, a buy stop limit, or a sell stop
stop, a buy stop limit, or a sell stop limit. These are all just orders that
limit. These are all just orders that you place in the market. So, let's say,
you place in the market. So, let's say, for example, I want to set a buy limit
for example, I want to set a buy limit on the market. I want to buy this market
on the market. I want to buy this market once it gets to X price. I want my stop
once it gets to X price. I want my stop loss to be at X area, and I want my
loss to be at X area, and I want my takerit to be at X area. That's
takerit to be at X area. That's basically what it is. It's like you're
basically what it is. It's like you're going to set a price into the market and
going to set a price into the market and whenever the price gets there, it
whenever the price gets there, it automatically enters that trade for you.
automatically enters that trade for you. That is a style of trading. I am not
That is a style of trading. I am not against it. I just personally don't
against it. I just personally don't believe in it simply because you're
believe in it simply because you're entering a trade without confirmation.
entering a trade without confirmation. You need to enter a trade once you
You need to enter a trade once you actually have a kind like a proper entry
actually have a kind like a proper entry signal once it meets your actual trading
signal once it meets your actual trading plan. And I'm going to teach you how to
plan. And I'm going to teach you how to do that later that that into the video.
do that later that that into the video. These are multiple different ways on how
These are multiple different ways on how to actually execute this trade. Now, the
to actually execute this trade. Now, the simplest one is market execution, which
simplest one is market execution, which is going to be the one that you're going
is going to be the one that you're going to use 99.99%
to use 99.99% of the time, which is you just simply
of the time, which is you just simply place your stop loss. I mean, excuse me.
place your stop loss. I mean, excuse me. You simply place your lot size and on
You simply place your lot size and on this lot size here, you can make it one
this lot size here, you can make it one lot, you can make it two lots. And a lot
lot, you can make it two lots. And a lot of people get confused on this whole lot
of people get confused on this whole lot size position calculating. And it's
size position calculating. And it's actually very easy. So, this lot size
actually very easy. So, this lot size here has to be directly predetermined
here has to be directly predetermined before you enter the trade. So, you know
before you enter the trade. So, you know exactly how much you're risking. That
exactly how much you're risking. That goes based off of your stop loss and how
goes based off of your stop loss and how much you're going to have on your stop
much you're going to have on your stop loss. So, let's say, for example, you're
loss. So, let's say, for example, you're interested in entering this trade as a
interested in entering this trade as a sell, right? Just for an example. Or,
sell, right? Just for an example. Or, you know what, we'll do a buy. it's a
you know what, we'll do a buy. it's a lot easier to understand a buy. So, we
lot easier to understand a buy. So, we have a buy example on this market. Our
have a buy example on this market. Our stop loss is going to be, let's say, 20
stop loss is going to be, let's say, 20 pips. I'll explain what pips are and how
pips. I'll explain what pips are and how all this works in just a second, but
all this works in just a second, but let's just say it's 20 pips. And our
let's just say it's 20 pips. And our goal right here is to figure out what
goal right here is to figure out what our lot size is, right? So, we're going
our lot size is, right? So, we're going to for now for us to determine our lot
to for now for us to determine our lot size, we need to first determine how big
size, we need to first determine how big our stop loss is. So, we're going to go
our stop loss is. So, we're going to go to 1x trade, LQ Markets, whichever one,
to 1x trade, LQ Markets, whichever one, they both have this lot size calculator.
they both have this lot size calculator. You're going to put the balance amounts
You're going to put the balance amounts that you have on your account. Then, how
that you have on your account. Then, how much you want to risk of your account.
much you want to risk of your account. Let's say we want to risk 1%. Right? And
Let's say we want to risk 1%. Right? And then our stop loss is or say we want to
then our stop loss is or say we want to risk 10% of our account. And our stop
risk 10% of our account. And our stop loss is 20 pips and the currency pair
loss is 20 pips and the currency pair that we're trading is EuroUSD. All we
that we're trading is EuroUSD. All we have to do is just click calculate lot
have to do is just click calculate lot size. And this lets us know that we have
size. And this lets us know that we have to put a 0.05
to put a 0.05 lot which is risking a total of 10
lot which is risking a total of 10 bucks. So we know that if we were to go
bucks. So we know that if we were to go back over here to the actual MetaTrader
back over here to the actual MetaTrader where we're going to execute the trade,
where we're going to execute the trade, we have to place a 0.05
we have to place a 0.05 lot size and then our stop-loss number
lot size and then our stop-loss number needs to be exactly what it is right
needs to be exactly what it is right here on the chart. So our stop loss
here on the chart. So our stop loss number would be 1.17096.
And then our take profit would be where we set our takeprofit up here. It's
we set our takeprofit up here. It's going to be 1.17
going to be 1.17 going be 1.1715.
So now at this point we are pretty much ready to buy this market. We could go
ready to buy this market. We could go ahead and then click on that buy button
ahead and then click on that buy button and we know if we are completely wrong
and we know if we are completely wrong on this market. Okay, so we know that
on this market. Okay, so we know that this is our stop loss 1.17096
this is our stop loss 1.17096 and this is our take-profit 1.17715.
and this is our take-profit 1.17715. If the market goes straight into our
If the market goes straight into our stop loss, we are not going to blow our
stop loss, we are not going to blow our account. We have a stop loss which is
account. We have a stop loss which is going to minimize our loss which is at
going to minimize our loss which is at our predetermined risk what we have just
our predetermined risk what we have just calculated on this lot size calculator.
calculated on this lot size calculator. So now at this point, the fear of people
So now at this point, the fear of people thinking that I'm going to lose all of
thinking that I'm going to lose all of my money when I put money into a broker
my money when I put money into a broker or whenever I go trade is gone because
or whenever I go trade is gone because you're only risking $10 from your actual
you're only risking $10 from your actual trading balance. So this can go to your
trading balance. So this can go to your stop-loss right away. You've
stop-loss right away. You've predetermined you're only okay with
predetermined you're only okay with losing on this position, 10 bucks. So
losing on this position, 10 bucks. So obviously, if we would want to enter
obviously, if we would want to enter this trade, we would go ahead and then
this trade, we would go ahead and then click buy. But obviously, the market is
click buy. But obviously, the market is closed. The market just closed nearly 30
closed. The market just closed nearly 30 minutes ago. But as soon as we would
minutes ago. But as soon as we would enter this trade, it would be reflected
enter this trade, it would be reflected right here on this actual area. And
right here on this actual area. And right here, you're going to be able to
right here, you're going to be able to see your trade fluctuate up and down.
see your trade fluctuate up and down. And then you can go over here to this
And then you can go over here to this area and you're going to be able to see
area and you're going to be able to see your stop loss. You're going to be able
your stop loss. You're going to be able to see your takerit. You're going to be
to see your takerit. You're going to be able to see the trade be reflected in
able to see the trade be reflected in real time. And you're going to notice as
real time. And you're going to notice as soon as you enter the trade, you're
soon as you enter the trade, you're going to be an immediate draw down,
going to be an immediate draw down, right? So you're probably going to be in
right? So you're probably going to be in a loss, maybe a couple bucks, right?
a loss, maybe a couple bucks, right? Five bucks, six bucks. And that's
Five bucks, six bucks. And that's because the broker, as soon as it enters
because the broker, as soon as it enters you into the market, they don't care if
you into the market, they don't care if you're going to be in a winning or lose
you're going to be in a winning or lose or losing position. They're going to
or losing position. They're going to charge their fee. They don't care if
charge their fee. They don't care if you're going to be on the right or wrong
you're going to be on the right or wrong side. They have to get their profit
side. They have to get their profit first for them to go ahead and execute
first for them to go ahead and execute your trade into the market. So, they get
your trade into the market. So, they get your trade, they're going to put into
your trade, they're going to put into the market, they're going to take a
the market, they're going to take a small fee from it, and then your trade
small fee from it, and then your trade happens, whatever happens with it. Win
happens, whatever happens with it. Win or lose, the broker is always going to
or lose, the broker is always going to make their money. That's just the name
make their money. That's just the name and the game of the business and how it
and the game of the business and how it works. So once again, you have your
works. So once again, you have your Trading View account, which is your
Trading View account, which is your where you're going to analyze a trade,
where you're going to analyze a trade, determine if you're going to buy or sell
determine if you're going to buy or sell a market. Once you're ready to enter
a market. Once you're ready to enter this trade, you need to go ahead and
this trade, you need to go ahead and deposit some funds into the broker. Once
deposit some funds into the broker. Once you have your funds inside of the
you have your funds inside of the broker, you need to then actually go to
broker, you need to then actually go to then MetaTrader, which is then going to
then MetaTrader, which is then going to be this right here. On MetaTrader,
be this right here. On MetaTrader, you're then going to go ahead and then
you're then going to go ahead and then place that buy or sell button. That's
place that buy or sell button. That's pretty much it. Now, whenever you win
pretty much it. Now, whenever you win your trades, you come back over here to
your trades, you come back over here to the dashboard area of 1x trade. And then
the dashboard area of 1x trade. And then you're going to head and then click
you're going to head and then click withdraw your funds. Now, you can
withdraw your funds. Now, you can withdraw your funds to whatever wallet
withdraw your funds to whatever wallet or however format you choose to withdraw
or however format you choose to withdraw your funds. And the funds go back from
your funds. And the funds go back from the broker into your bank account.
the broker into your bank account. That's it. Very simple, very seamless
That's it. Very simple, very seamless process. These are the three platforms
process. These are the three platforms that you're going to need to actually to
that you're going to need to actually to go ahead and be able to execute a trade
go ahead and be able to execute a trade into the market and be able to
into the market and be able to successfully have a profitable strategy.
successfully have a profitable strategy. So now coming back to the charts, now
So now coming back to the charts, now that you understand exactly that you
that you understand exactly that you only need three platforms to actually
only need three platforms to actually trade into the market. You need the
trade into the market. You need the trading view, you need the broker which
trading view, you need the broker which is like the bank and then MetaTrader is
is like the bank and then MetaTrader is where you actually execute the trades.
where you actually execute the trades. Let's take a step back to actual trading
Let's take a step back to actual trading view, right? Trading View is going to be
view, right? Trading View is going to be once again like where the fight where
once again like where the fight where everything goes down. So, I'm going to
everything goes down. So, I'm going to explain to you how trading works, all of
explain to you how trading works, all of the different options within Trading
the different options within Trading View. So, right now we are on Trading
View. So, right now we are on Trading View. As you can tell, we are on
View. As you can tell, we are on tradingview.com. This is basically where
tradingview.com. This is basically where you're going to analyze every single one
you're going to analyze every single one of the markets that you are going to be
of the markets that you are going to be interested in trading. This is the most
interested in trading. This is the most common known website for you to analyze
common known website for you to analyze your markets. I've been using this only
your markets. I've been using this only website and I've never heard of any
website and I've never heard of any other trader really using another
other trader really using another different website, but this is where
different website, but this is where you're going to be able to actually
you're going to be able to actually identify if you're interested in buying
identify if you're interested in buying or selling a market. Right? So for
or selling a market. Right? So for example, let's say we're going to go
example, let's say we're going to go trade EuroUSD for example, right? And
trade EuroUSD for example, right? And we're going to go to a different server
we're going to go to a different server just for examples purposes. So for this
just for examples purposes. So for this different server, you can tell here that
different server, you can tell here that EuroUSD, this is what it looks like,
EuroUSD, this is what it looks like, right? So this right here on the chart,
right? So this right here on the chart, as you can tell, is the candlestick
as you can tell, is the candlestick option. So we're going to take it a step
option. So we're going to take it a step back. And I know I was going to tell you
back. And I know I was going to tell you guys how to use the no gap candlesticks.
guys how to use the no gap candlesticks. So right now, if I were to
So right now, if I were to hypothetically actually, you know, input
hypothetically actually, you know, input my actual candlesticks. One second. It
my actual candlesticks. One second. It should pop up something like this. Let
should pop up something like this. Let me get them to pop up. We come to
me get them to pop up. We come to settings. We go to symbol body borders
settings. We go to symbol body borders and wicks. Okay. So, as you can tell
and wicks. Okay. So, as you can tell right here on EuroUSD on the weekly time
right here on EuroUSD on the weekly time frame for example and then on the ICE
frame for example and then on the ICE server, this has many gaps. So, as you
server, this has many gaps. So, as you can tell, this market has a gap here,
can tell, this market has a gap here, has a gap here, has a gap here, gaps
has a gap here, has a gap here, gaps throughout all here, which make the
throughout all here, which make the market look weird. We were to look at it
market look weird. We were to look at it on the daily time frame. You can see
on the daily time frame. You can see more of these big gaps right here, these
more of these big gaps right here, these weird fills in the market. Just looks
weird fills in the market. Just looks very weird, and it personally just
very weird, and it personally just throws off my trading as a whole. So,
throws off my trading as a whole. So, what I like to do is I like to use this
what I like to do is I like to use this indicator named the no gap candlesticks
indicator named the no gap candlesticks indicator. So, all you have to do is go
indicator. So, all you have to do is go to this indicator section over here. So,
to this indicator section over here. So, just pause the video right now or open
just pause the video right now or open up your Trading View real quick. Log in,
up your Trading View real quick. Log in, create an account. It's going to be very
create an account. It's going to be very basic. Once you log in, create your
basic. Once you log in, create your account. You're going to get the
account. You're going to get the candlesticks that are going to be popped
candlesticks that are going to be popped up. And down over here, you're also
up. And down over here, you're also going to get the volume section, which
going to get the volume section, which is going to be popped up probably
is going to be popped up probably something like this. Should be somewhere
something like this. Should be somewhere over here. You're probably going to get
over here. You're probably going to get some bars down over here, which are
some bars down over here, which are going to be like some big blue, no, some
going to be like some big blue, no, some big green and red bars. And all you
big green and red bars. And all you really have to do, they're going to be a
really have to do, they're going to be a bunch of bars like this. All you have to
bunch of bars like this. All you have to do is just click on those bars. Right
do is just click on those bars. Right click on it or double click on it. And
click on it or double click on it. And then just once you click on it, there's
then just once you click on it, there's going to be a popup and then it's going
going to be a popup and then it's going to say volumes. Just unmark the volume.
to say volumes. Just unmark the volume. So you're going to double click on it.
So you're going to double click on it. It's going to say volumes up over here.
It's going to say volumes up over here. Just click on it and then it's going to
Just click on it and then it's going to remove this section down over here. All
remove this section down over here. All that does really just clutter the chart.
that does really just clutter the chart. Just creates extra noise. You're never
Just creates extra noise. You're never going to use that option. It's very
going to use that option. It's very unnecessary, right? So once you have
unnecessary, right? So once you have that, you're then going to have your
that, you're then going to have your candlesticks. most likely with these
candlesticks. most likely with these gaps. So, the easiest way to get these
gaps. So, the easiest way to get these gaps removed, it's actually very easy.
gaps removed, it's actually very easy. All you have to do is come over here,
All you have to do is come over here, click on the indicator section and then
click on the indicator section and then search up no gap candles and then you're
search up no gap candles and then you're going to get this first one. The second
going to get this first one. The second one works well. I personally use the
one works well. I personally use the first one. Once you click on it, as you
first one. Once you click on it, as you can notice immediately, right away, the
can notice immediately, right away, the markets look different. There's already
markets look different. There's already a difference inside of the market. But
a difference inside of the market. But you can't just automatically click on it
you can't just automatically click on it and expect for it to work, right? What
and expect for it to work, right? What you have to do is once you click on it,
you have to do is once you click on it, so let me just remove this one because I
so let me just remove this one because I don't want to have two of them. Once you
don't want to have two of them. Once you click on it, what you actually have to
click on it, what you actually have to do is doubleclick the actual market. And
do is doubleclick the actual market. And then this right here is going to give
then this right here is going to give you the current candles. And all you
you the current candles. And all you have to do is click off the body, the
have to do is click off the body, the borders, and then the wicks. And if you
borders, and then the wicks. And if you notice there, you're going to be left
notice there, you're going to be left with the actual no gap candlesticks
with the actual no gap candlesticks candles on the ice server. So basically
candles on the ice server. So basically somebody created an an indicator that
somebody created an an indicator that fills in the gap for those candlesticks
fills in the gap for those candlesticks that have gaps, right? This is just a
that have gaps, right? This is just a very simple indicator and this is not
very simple indicator and this is not really an indicator. This is more of
really an indicator. This is more of just an actual tool that's going to help
just an actual tool that's going to help you have the markets be as clean as
you have the markets be as clean as mine. So once again, if I were to take a
mine. So once again, if I were to take a couple steps back, this is without the
couple steps back, this is without the no gap candlesticks indicator. As you
no gap candlesticks indicator. As you can see, there's gaps right here. I then
can see, there's gaps right here. I then turn on the gap candlestick indicator
turn on the gap candlestick indicator and then it has a fill but it still
and then it has a fill but it still looks a little off. So all you have to
looks a little off. So all you have to do is just doubleclick those
do is just doubleclick those candlesticks. Once you double click
candlesticks. Once you double click them, you uncheck the body. As you can
them, you uncheck the body. As you can tell, look at the difference it makes
tell, look at the difference it makes here in between that body and that wick.
here in between that body and that wick. So you check off the body, check off the
So you check off the body, check off the borders, and then you check off the
borders, and then you check off the wicks. And then you have a real market
wicks. And then you have a real market movement for how the market should look
movement for how the market should look without the actual gaps. So this right
without the actual gaps. So this right here is a little bit of a hack. This I
here is a little bit of a hack. This I learned pretty late into my journey. And
learned pretty late into my journey. And uh once I learned it, it did clear a lot
uh once I learned it, it did clear a lot of things up, right? I just wanted to
of things up, right? I just wanted to get that to be the first thing that I
get that to be the first thing that I teach you when it comes to Trading View
teach you when it comes to Trading View because I know it probably cause a lot
because I know it probably cause a lot of curiosity, right? We're going to get
of curiosity, right? We're going to get into the EMA, what setting my EMA is,
into the EMA, what setting my EMA is, and how to use it in just a second. I
and how to use it in just a second. I just want to give you an overall
just want to give you an overall training on how Trading View works. It
training on how Trading View works. It can be very overwhelming at times.
can be very overwhelming at times. Depends on how much you look at it, what
Depends on how much you look at it, what should you look at, what should you not
should you look at, what should you not look at. So, we're just going to break
look at. So, we're just going to break down the most important things and the
down the most important things and the things that matter and don't matter,
things that matter and don't matter, right? So, we're going to start off
right? So, we're going to start off right over here at the top left, right?
right over here at the top left, right? So, over here at the top left, as you
So, over here at the top left, as you can tell, we have the market. So, this
can tell, we have the market. So, this is Euro USD. This is the market that we
is Euro USD. This is the market that we are currently looking at right now. If
are currently looking at right now. If you want to change the market, all you
you want to change the market, all you have to do is click on that search bar
have to do is click on that search bar right there and then you can type in
right there and then you can type in whatever other market. This is basically
whatever other market. This is basically for you to search up any market that you
for you to search up any market that you can possibly imagine of. You can
can possibly imagine of. You can literally just search it up here and it
literally just search it up here and it will pop up. Or you can just simply type
will pop up. Or you can just simply type it on the keyboard and then it will also
it on the keyboard and then it will also pop up. It's equivalent to the same
pop up. It's equivalent to the same exact thing. You click the plus sign,
exact thing. You click the plus sign, it's going to create pretty much the
it's going to create pretty much the same exact thing. Next to that, you're
same exact thing. Next to that, you're going to have the time frames, but you
going to have the time frames, but you might only have one time frame pop up.
might only have one time frame pop up. Might be the daily, the weekly, or the 4
Might be the daily, the weekly, or the 4 hour. You click this little arrow down
hour. You click this little arrow down here, and once you click this popup,
here, and once you click this popup, you're going to get all of these
you're going to get all of these different time frames that are going to
different time frames that are going to pop up. You have the 3 month, 1 month, 1
pop up. You have the 3 month, 1 month, 1 week, day, 4 hour, 1 hour, 30 minute,
week, day, 4 hour, 1 hour, 30 minute, all of these different time frames,
all of these different time frames, right? All the way up to the 1 second,
right? All the way up to the 1 second, which you're never going to be using. As
which you're never going to be using. As I've mentioned before, I only use the
I've mentioned before, I only use the weekly, the daily, the 4 hour, the 2
weekly, the daily, the 4 hour, the 2 hour, the 1 hour, the 30, and the 15
hour, the 1 hour, the 30, and the 15 minute. Now, if I were to uncheck these
minute. Now, if I were to uncheck these stars right here, what ends up
stars right here, what ends up happening, as you can tell, is it
happening, as you can tell, is it removes them from this top section over
removes them from this top section over here. This is basically just a little
here. This is basically just a little bit of a hack that makes these time
bit of a hack that makes these time frames just pop up over here and stay
frames just pop up over here and stay there saved. So, whenever I want to go
there saved. So, whenever I want to go from one time frame to another, it's a
from one time frame to another, it's a lot easier and I don't have to go into
lot easier and I don't have to go into this section over here and add it or
this section over here and add it or manually look for the time frame. These
manually look for the time frame. These are all the time frames that I use. I
are all the time frames that I use. I don't use any other time frames. And
don't use any other time frames. And whenever I'm going to be going in and
whenever I'm going to be going in and out of a time frame, this is how I am
out of a time frame, this is how I am going to be looking for that. The
going to be looking for that. The section next to that is all the
section next to that is all the different types of candlesticks that you
different types of candlesticks that you can potentially use. As we've already
can potentially use. As we've already broken down, all of these are just
broken down, all of these are just information overload. You don't need to
information overload. You don't need to know what any of these candlesticks are.
know what any of these candlesticks are. The only ones you need to focus on is
The only ones you need to focus on is the line chart and the candlestick
the line chart and the candlestick chart. Now, don't worry. In just a
chart. Now, don't worry. In just a second, I'm going to be teaching you
second, I'm going to be teaching you guys how to properly use the line chart,
guys how to properly use the line chart, what it's used for, and all that stuff.
what it's used for, and all that stuff. Don't worry, one thing at a time. Once
Don't worry, one thing at a time. Once we get to there, I'm going to break it
we get to there, I'm going to break it down, and you're going to see how simple
down, and you're going to see how simple it will be. But this section here is
it will be. But this section here is just for you to identify the actual type
just for you to identify the actual type of bars that you want to pick. This is
of bars that you want to pick. This is the style. Indicators is pretty
the style. Indicators is pretty self-explanatory. You can pretty much
self-explanatory. You can pretty much search up any type of indicator that you
search up any type of indicator that you can possibly imagine. Here, there's
can possibly imagine. Here, there's going to be endless indicators that
going to be endless indicators that Trading View offers you. And I think the
Trading View offers you. And I think the only indicator I have ever searched up
only indicator I have ever searched up is the EMA. I've never really gone into
is the EMA. I've never really gone into this indicator section. I know this is a
this indicator section. I know this is a never- ending journey or world in here.
never- ending journey or world in here. Inside of the indicators, there's a
Inside of the indicators, there's a bunch of different types of indicator
bunch of different types of indicator traders and I don't know anything about
traders and I don't know anything about it. All I know is that inside of this
it. All I know is that inside of this indicator section is where I find my EMA
indicator section is where I find my EMA and my no gap candlesticks. That's it.
and my no gap candlesticks. That's it. I've never used this area for anything
I've never used this area for anything else. This is for an indicator tempo.
else. This is for an indicator tempo. Once again, this is another thing when
Once again, this is another thing when it comes to the indicator. I have
it comes to the indicator. I have actually never even gone into here or
actually never even gone into here or saved anything. not sure what it's used
saved anything. not sure what it's used for. So, I can't really educate you on
for. So, I can't really educate you on something that I've never used and I've
something that I've never used and I've never found any use for it. Next to
never found any use for it. Next to that, we have the alert section. So,
that, we have the alert section. So, this is if I want to place an alarm on
this is if I want to place an alarm on the market. So, right now we are on
the market. So, right now we are on EuroUSD, for example, and I want to be
EuroUSD, for example, and I want to be notified once price crosses through a
notified once price crosses through a certain point. So, right now we are at
certain point. So, right now we are at 1.17331.
1.17331. Price right now is at 1.17331.
Price right now is at 1.17331. So, let's say we want to get notified
So, let's say we want to get notified once price goes to 1.74
0 and it lets me know I get a notification on my phone. I get a
notification on my phone. I get a notification on my computer one time
notification on my computer one time when it does that or every single time
when it does that or every single time it does that. So, it can happen more
it does that. So, it can happen more than one time per minute or it will only
than one time per minute or it will only be letting me know one time and it won't
be letting me know one time and it won't be repeated. And I can put an expiration
be repeated. And I can put an expiration date and I can make this pretty much
date and I can make this pretty much indefinitely, right? I can click create.
indefinitely, right? I can click create. Soon as you click create, you can tell
Soon as you click create, you can tell how the alarm or the alert pops up right
how the alarm or the alert pops up right here on Trading View. So let's say for
here on Trading View. So let's say for whatever reason I want to enter this
whatever reason I want to enter this trade when the market gets here, but I
trade when the market gets here, but I have to run to the gym. I have some
have to run to the gym. I have some groceries to do. I have to step out of
groceries to do. I have to step out of the house. I have to step out of the
the house. I have to step out of the office. I don't have to be glued and
office. I don't have to be glued and stuck in front of the computer. This
stuck in front of the computer. This alarm here will let me know once and if
alarm here will let me know once and if price ever does that. If I want to move
price ever does that. If I want to move it up, all I have to really do is just
it up, all I have to really do is just drag it up and then the alarm gets
drag it up and then the alarm gets dragged up. If I want to move it down,
dragged up. If I want to move it down, just grab it and drag it up and down. I
just grab it and drag it up and down. I can pretty much also squeeze price in
can pretty much also squeeze price in here. And another way to how you can add
here. And another way to how you can add an alarm is over here to the right hand
an alarm is over here to the right hand section. You can just click this plus
section. You can just click this plus sign and then you can click add alert.
sign and then you can click add alert. So that's when price gets to this area
So that's when price gets to this area right here. If I were to click on this
right here. If I were to click on this as well, I can add an alert when price
as well, I can add an alert when price gets to the EMA. For example, if I want
gets to the EMA. For example, if I want to delete it, I just rightclick on the
to delete it, I just rightclick on the alarm. If I once again click this right
alarm. If I once again click this right here, I will be notified once it hits
here, I will be notified once it hits this area. It's pretty much neverending
this area. It's pretty much neverending different types of ways on how you can
different types of ways on how you can set up the alert. The only way I ever
set up the alert. The only way I ever use it is I click this button right
use it is I click this button right here. I add the alert at that point. And
here. I add the alert at that point. And once the market gets to the point that I
once the market gets to the point that I needed to get to, I do whatever I've
needed to get to, I do whatever I've been interested in entering in the
been interested in entering in the market. If I want to delete it, hover
market. If I want to delete it, hover over it, click right here, and click
over it, click right here, and click delete. It's very clean, very seamless,
delete. It's very clean, very seamless, and very simple. I get very creative
and very simple. I get very creative with my alarms. What I tend to do is I
with my alarms. What I tend to do is I trap price. So, I'll put an alarm up
trap price. So, I'll put an alarm up here. I'll put an alarm very tight into
here. I'll put an alarm very tight into this area right here and I'll know when
this area right here and I'll know when price breaks below or breaks above. And
price breaks below or breaks above. And sometimes I get even more creative and I
sometimes I get even more creative and I right click on the alarm or double click
right click on the alarm or double click on it and I'll place a message or I'll
on it and I'll place a message or I'll be like your USD is crossing this area,
be like your USD is crossing this area, enter now, bro. Or you got stopped out.
enter now, bro. Or you got stopped out. So whenever the alarm hits, all you
So whenever the alarm hits, all you really have to do is look at your phone
really have to do is look at your phone and you're going to know what the alarm
and you're going to know what the alarm is going to be about, right? So, this is
is going to be about, right? So, this is a little bit of a message that you can
a little bit of a message that you can leave yourself whenever you place the
leave yourself whenever you place the alarms at whatever the area is going to
alarms at whatever the area is going to be. That's pretty much all it comes when
be. That's pretty much all it comes when it comes to the alarm sections. These
it comes to the alarm sections. These are all of the notifications and how you
are all of the notifications and how you can set it up. You can get an email, web
can set it up. You can get an email, web link, sound, just however you want to
link, sound, just however you want to set up your alarms. The way this is the
set up your alarms. The way this is the way I have it set up and it's been
way I have it set up and it's been working perfectly for me up to this
working perfectly for me up to this point right now. But you can get as
point right now. But you can get as creative as you want. This little arrow
creative as you want. This little arrow is basically the back. So, let's say,
is basically the back. So, let's say, for example, I had some drawings set up
for example, I had some drawings set up into the markets and after these
into the markets and after these drawings, I ended up just accidentally
drawings, I ended up just accidentally deleting them. All I have to do is just
deleting them. All I have to do is just click back and it comes right back. If I
click back and it comes right back. If I want to go to where I was, I just click
want to go to where I was, I just click forward. Pretty self-explanatory. This
forward. Pretty self-explanatory. This little bar right here, don't worry,
little bar right here, don't worry, we're going to get into that just a
we're going to get into that just a second. Just kind of going along the
second. Just kind of going along the order of how everything is placed. This
order of how everything is placed. This right here is basically the area that
right here is basically the area that reflects the actual price of the market
reflects the actual price of the market and where the market is. And these are
and where the market is. And these are the numbers that are reflecting it. You
the numbers that are reflecting it. You may see me sometimes grab this and it
may see me sometimes grab this and it basically all it does is that it moves
basically all it does is that it moves price up, moves price downs. All you
price up, moves price downs. All you have to do is just left click on it and
have to do is just left click on it and then squeeze it, hold it up and down and
then squeeze it, hold it up and down and then you're going to be able to either
then you're going to be able to either look at the market in a much wider
look at the market in a much wider format or in a much tighter format.
format or in a much tighter format. Really depends on how close or how
Really depends on how close or how zoomed in you're trying to get to the
zoomed in you're trying to get to the market. Continuing up over here to this
market. Continuing up over here to this top section, we have the square button
top section, we have the square button which is a layout setup. So this is
which is a layout setup. So this is different types of ways how you can look
different types of ways how you can look at the market. Or if you want to split
at the market. Or if you want to split it in between two markets like this, you
it in between two markets like this, you want to split it into neverending
want to split it into neverending different styles, you can pretty much go
different styles, you can pretty much go free with that. I personally always just
free with that. I personally always just have it in the standard one market
have it in the standard one market layout. This unnamed I don't even know
layout. This unnamed I don't even know what this is to be honest. Maybe this is
what this is to be honest. Maybe this is just a settings area that you can do
just a settings area that you can do something about saving your charts. I
something about saving your charts. I always have it set up like this. I've
always have it set up like this. I've actually never even changed this right
actually never even changed this right here. I have no idea what this is. But
here. I have no idea what this is. But the button next to that is the quick
the button next to that is the quick search. I have no idea what this is
search. I have no idea what this is either. I have never used it. This right
either. I have never used it. This right here is just the settings on Trading
here is just the settings on Trading View as a whole. So the settings is once
View as a whole. So the settings is once again about the candlesticks. Obviously,
again about the candlesticks. Obviously, I don't have my candlesticks checked
I don't have my candlesticks checked because I have the no gap candlestick
because I have the no gap candlestick setting option on the trading view. This
setting option on the trading view. This is what I have for the status scales.
is what I have for the status scales. Oh, this is the volume button right
Oh, this is the volume button right here. So, as you can tell, okay, never
here. So, as you can tell, okay, never mind. I thought that was going to pop up
mind. I thought that was going to pop up the volume down over here, but yeah, I
the volume down over here, but yeah, I guess that's not it. Is it somewhere
guess that's not it. Is it somewhere here? It's not. But this is how I have
here? It's not. But this is how I have my settings. I I don't really mess with
my settings. I I don't really mess with this right here. I've never really have
this right here. I've never really have I don't really understand how to modify
I don't really understand how to modify or do anything when it comes to any of
or do anything when it comes to any of this stuff. This is pretty much how I've
this stuff. This is pretty much how I've had it for years. It pretty much stays
had it for years. It pretty much stays the same every single time. And this is
the same every single time. And this is how I have everything set up. So, I
how I have everything set up. So, I guess you can pause it, look at yours,
guess you can pause it, look at yours, and make it look exactly like mine. This
and make it look exactly like mine. This is what I do to set up my charts every
is what I do to set up my charts every single day, right? So moving along with
single day, right? So moving along with that, we have this button right here. So
that, we have this button right here. So this is basically to make the market
this is basically to make the market pretty much full screen. So the whole
pretty much full screen. So the whole entire screen, as you can tell, is just
entire screen, as you can tell, is just the chart right now. This is a very
the chart right now. This is a very clean format on how you can look at the
clean format on how you can look at the chart if you just want to focus on the
chart if you just want to focus on the actual price and not get distracted by
actual price and not get distracted by any of the other buttons that you may
any of the other buttons that you may have. And then you can just click the
have. And then you can just click the exit button on your keyboard, the ESC
exit button on your keyboard, the ESC button, and then it returns back to
button, and then it returns back to where it was. But it's a pretty cool
where it was. But it's a pretty cool feature in order for you to just see the
feature in order for you to just see the chart to not get distracted with all of
chart to not get distracted with all of these different buttons. Little camera
these different buttons. Little camera button is so you take a screenshot or
button is so you take a screenshot or take a snapshot. Screenshots basically
take a snapshot. Screenshots basically this page saves it for you and then you
this page saves it for you and then you can go ahead and save that to your
can go ahead and save that to your desktop, to your trading journal,
desktop, to your trading journal, wherever you want to save it. Moving on,
wherever you want to save it. Moving on, next to that we have the publish button.
next to that we have the publish button. I've actually never published anything
I've actually never published anything inside of Trading View. I guess Trading
inside of Trading View. I guess Trading View has communities of other traders
View has communities of other traders that post stuff in there. I have no idea
that post stuff in there. I have no idea what that is, but I've never really used
what that is, but I've never really used it. Moving on over here, we have the
it. Moving on over here, we have the blue list. So you probably have a red
blue list. So you probably have a red list which is a standard when it creates
list which is a standard when it creates your first account. But inside of this
your first account. But inside of this blue list is where I have the markets
blue list is where I have the markets that I am currently trading. So as you
that I am currently trading. So as you can tell all of my markets are currently
can tell all of my markets are currently tagged with a blue tag because this is
tagged with a blue tag because this is the markets that I trade. I pretty much
the markets that I trade. I pretty much picked this color blue when I started
picked this color blue when I started years ago and I've just stayed with this
years ago and I've just stayed with this blue list and I've stayed very
blue list and I've stayed very superstitious to this list. These are my
superstitious to this list. These are my profitable pairs. These are the pairs
profitable pairs. These are the pairs that I tend to find the best market
that I tend to find the best market opportunities in. And I don't plan to
opportunities in. And I don't plan to modify them for anything. Now, you guys
modify them for anything. Now, you guys probably can't see them because my face
probably can't see them because my face is in the way, but these are all of the
is in the way, but these are all of the markets that I personally trade. And I
markets that I personally trade. And I don't plan to change the color blue. I
don't plan to change the color blue. I don't plan to change these markets or
don't plan to change these markets or add any of the markets. This is more
add any of the markets. This is more than enough markets for me personally.
than enough markets for me personally. I'm very superstitious with them and I
I'm very superstitious with them and I like them the way that they are. So, I
like them the way that they are. So, I know here when it comes to the blue
know here when it comes to the blue list, you can add stuff here. I've never
list, you can add stuff here. I've never even clicked on this option, so I don't
even clicked on this option, so I don't even know what it is. I believe this
even know what it is. I believe this plus sign is if I want to add a symbol,
plus sign is if I want to add a symbol, but another way that I can go about
but another way that I can go about adding a symbol is by simply just
adding a symbol is by simply just searching it up. Let's say I want to add
searching it up. Let's say I want to add a UD NZD, for example. All I have to do
a UD NZD, for example. All I have to do is just click on this little flag button
is just click on this little flag button over here. And once I click on it, I can
over here. And once I click on it, I can pick the color that I want to pick. And
pick the color that I want to pick. And as you can tell, the default color is
as you can tell, the default color is going to be blue. and then AUD NZD will
going to be blue. and then AUD NZD will pop up as the last option all the way
pop up as the last option all the way down over here. Now, I actually don't
down over here. Now, I actually don't like trading NZDUSD. So, for now, I'm
like trading NZDUSD. So, for now, I'm just going to click on that flag and
just going to click on that flag and then it will automatically get removed
then it will automatically get removed and then I no longer have AUD NZD there.
and then I no longer have AUD NZD there. This little pie area is advanced view.
This little pie area is advanced view. I'm actually going to be clicking this
I'm actually going to be clicking this for the first time ever. Okay. Well, I
for the first time ever. Okay. Well, I guess this is what it does. And I have
guess this is what it does. And I have no idea what that does. So, we're not
no idea what that does. So, we're not going to I can't break something down
going to I can't break something down that I have no idea. here on the
that I have no idea. here on the settings option. This pops up the
settings option. This pops up the volume, the change, and all these
volume, the change, and all these different stuff over here. Honestly, let
different stuff over here. Honestly, let me see. What is What is this? Okay,
me see. What is What is this? Okay, there you go. That that takes away the
there you go. That that takes away the price. This takes away the the change.
price. This takes away the the change. And then this takes away the change
And then this takes away the change percentage. Honestly, I might just leave
percentage. Honestly, I might just leave it like that. That looks a lot cleaner.
it like that. That looks a lot cleaner. And when I go like this, I guess. Yeah,
And when I go like this, I guess. Yeah, actually, I like that a lot better. I
actually, I like that a lot better. I mean, honestly, it looks kind of cool
mean, honestly, it looks kind of cool when I had all of these, right? Cuz it
when I had all of these, right? Cuz it it looks like I looks like I'm on to
it looks like I looks like I'm on to something. But basically, right there,
something. But basically, right there, that's just the options that this can
that's just the options that this can pop up. I don't even know what this
pop up. I don't even know what this change percentage is. I don't know
change percentage is. I don't know anything about this. All I know is that
anything about this. All I know is that this is the price. So, Bitcoin is at
this is the price. So, Bitcoin is at 115,000. XRP is at this. Ethereum is at
115,000. XRP is at this. Ethereum is at this. And this is the price of these
this. And this is the price of these markets. That's pretty much it. That's
markets. That's pretty much it. That's all I really know when it comes to them.
all I really know when it comes to them. I don't really know anything else inside
I don't really know anything else inside of here. This right here is going to be
of here. This right here is going to be the the watch list and the details. So,
the the watch list and the details. So, if we were to click that and thenclick
if we were to click that and thenclick that, it just hides them and removes
that, it just hides them and removes them so we can have a little bit more of
them so we can have a little bit more of some space. Or you can just simply drag
some space. Or you can just simply drag it left or drag it all the way to the
it left or drag it all the way to the right so you don't have to see them. I
right so you don't have to see them. I always like having it pretty much like
always like having it pretty much like this where I just see the first base
this where I just see the first base currency. I don't really need to see the
currency. I don't really need to see the quote. I know the order of my pairs and
quote. I know the order of my pairs and I'm very well in connection with them.
I'm very well in connection with them. The button under that is going to be the
The button under that is going to be the alert. So this is every single time your
alert. So this is every single time your alarm gets hit. This is pretty much like
alarm gets hit. This is pretty much like the the history of all of the alarms
the the history of all of the alarms that you can have. Get tells you all the
that you can have. Get tells you all the details about it. I mean I've had I
details about it. I mean I've had I don't know. I'm curious on how many
don't know. I'm curious on how many alarms I've had. But I've had hundreds
alarms I've had. But I've had hundreds of different alarms that have been
of different alarms that have been triggered. And yeah, this is like the
triggered. And yeah, this is like the history of all the alarms that I've
history of all the alarms that I've used. Let me see when I place my first
used. Let me see when I place my first alarm. It's pretty interesting. I placed
alarm. It's pretty interesting. I placed my first alarm 2020. Is that is that
my first alarm 2020. Is that is that what it is? December 20th. Is that is
what it is? December 20th. Is that is that the day? Yeah, December 4. So, I
that the day? Yeah, December 4. So, I guess the first one is down here. Oh,
guess the first one is down here. Oh, you guys can't see it, but right here
you guys can't see it, but right here you can see December 13th, 2020.
you can see December 13th, 2020. It's when I placed my first alarm. And
It's when I placed my first alarm. And right now it is September 13, 2025.
right now it is September 13, 2025. Dude, I've been doing this [ __ ] a long
Dude, I've been doing this [ __ ] a long time. Five years I've been just
time. Five years I've been just following these alarm. I didn't find out
following these alarm. I didn't find out about these alarms until like a year and
about these alarms until like a year and a half into my journey cuz I was just
a half into my journey cuz I was just trying to predict this [ __ ] if it was
trying to predict this [ __ ] if it was going to go up or down, honestly. So, as
going to go up or down, honestly. So, as soon as I figured the alarms is when I
soon as I figured the alarms is when I realized I didn't have to be in front of
realized I didn't have to be in front of the markets all day. This area over here
the markets all day. This area over here is the object tree and data window. I
is the object tree and data window. I have no idea what this is. I guess this
have no idea what this is. I guess this says all the different objects I have
says all the different objects I have inside of the actual chart, but I don't
inside of the actual chart, but I don't use this. And then this is more of like
use this. And then this is more of like a community section. I have never
a community section. I have never engaged with anybody in that community,
engaged with anybody in that community, and I do not plan to either. Down over
and I do not plan to either. Down over here, I don't know what this is. I don't
here, I don't know what this is. I don't know what this is. I don't know what
know what this is. I don't know what this is. I don't know what this is. Or
this is. I don't know what this is. Or this, or this. Oh, you guys can't even
this, or this. Oh, you guys can't even see it. So, it's even better. All the
see it. So, it's even better. All the three options that are going to be at
three options that are going to be at the bottom right corner. Actually, let
the bottom right corner. Actually, let me see if I can move myself. Oh, I hope
me see if I can move myself. Oh, I hope I didn't mess this up. Yeah, let's just
I didn't mess this up. Yeah, let's just leave it like that. Okay, there you go.
leave it like that. Okay, there you go. I hope you guys are seeing that right
I hope you guys are seeing that right there. So, these little icons over here,
there. So, these little icons over here, this one right here, this one right
this one right here, this one right here, this one right here, and this one,
here, this one right here, and this one, this one, this one. I don't know what
this one, this one. I don't know what any of these icons are used for, to be
any of these icons are used for, to be completely honest. I have never used
completely honest. I have never used them myself. Let me actually just move
them myself. Let me actually just move myself to the middle for now. But yeah,
myself to the middle for now. But yeah, I I don't use any of these options right
I I don't use any of these options right here. I have never used them. All I use
here. I have never used them. All I use sometimes is this right here just to
sometimes is this right here just to block out some of the markets that I'm
block out some of the markets that I'm not going to be trading for the week. So
not going to be trading for the week. So let's say I break down my 10 different
let's say I break down my 10 different markets for the week and I'm only
markets for the week and I'm only interested in trading these for example.
interested in trading these for example. I'll just use this right here as a form
I'll just use this right here as a form to just block out all the other markets
to just block out all the other markets just so I don't get distracted. But this
just so I don't get distracted. But this tab here as well, I don't use any of the
tab here as well, I don't use any of the information in here at all. This is
information in here at all. This is [ __ ] Letting you know that this
[ __ ] Letting you know that this more of a buying market than a selling
more of a buying market than a selling market. This uh seasonal is [ __ ]
market. This uh seasonal is [ __ ] This performance is [ __ ] This is
This performance is [ __ ] This is all just an information overload that
all just an information overload that you don't need to use it at all. The
you don't need to use it at all. The only thing that I personally recommend
only thing that I personally recommend to be using here is this note section.
to be using here is this note section. So in here you can actually write a note
So in here you can actually write a note to yourself. So hey I'm waiting for a
to yourself. So hey I'm waiting for a shift to structure or hey I'm waiting
shift to structure or hey I'm waiting for my entry signal. And then all you
for my entry signal. And then all you would simply do is just add that and
would simply do is just add that and it's going to be a note that will be
it's going to be a note that will be saved inside of your Euro USD section.
saved inside of your Euro USD section. For example, on my AUDCHF example, this
For example, on my AUDCHF example, this is a note that I wrote to myself in
is a note that I wrote to myself in 2022. So, about to be a little over
2022. So, about to be a little over three years ago, I wrote this note to
three years ago, I wrote this note to myself. Um, these are the confluences
myself. Um, these are the confluences that I had to sell, for example. And
that I had to sell, for example. And these are just notes that I can just
these are just notes that I can just write to myself in here. But yeah, this
write to myself in here. But yeah, this in here, I don't use this at all. I
in here, I don't use this at all. I don't use this right here at all. This
don't use this right here at all. This is just a bunch of information overload
is just a bunch of information overload that you don't need to have. Once again,
that you don't need to have. Once again, I just have it here because I think it
I just have it here because I think it looks cool and I personally like it. you
looks cool and I personally like it. you know, whenever I post videos on
know, whenever I post videos on Instagram or here on YouTube. Looks like
Instagram or here on YouTube. Looks like I'm a more of an expert than what I
I'm a more of an expert than what I really am, but this really does
really am, but this really does absolutely nothing, right? So, now that
absolutely nothing, right? So, now that we understand that, I'm going to move
we understand that, I'm going to move myself back to that right hand corner.
myself back to that right hand corner. There we go. So, coming back over here
There we go. So, coming back over here down to this section of the trading
down to this section of the trading view. I don't know what this little
view. I don't know what this little option over here is. I guess this is the
option over here is. I guess this is the time zone that I'm in. Whatever time
time zone that I'm in. Whatever time zone the market was like, whatever
zone the market was like, whatever trading view was created on, this is
trading view was created on, this is what it is. This is the time zone that I
what it is. This is the time zone that I have. I've never really modified this.
have. I've never really modified this. This down here is going to be the actual
This down here is going to be the actual calendar of the chart. So you can tell
calendar of the chart. So you can tell this is September 3rd, 5th, 9. So these
this is September 3rd, 5th, 9. So these are more of the days and the further you
are more of the days and the further you go back, you can just see the months
go back, you can just see the months continue to go back. Even the years, we
continue to go back. Even the years, we have 2025. We go even further back, we
have 2025. We go even further back, we have 2024, 2023, pretty much so on and
have 2024, 2023, pretty much so on and so forth. So down here is the dates of
so forth. So down here is the dates of the markets. And once again, you've
the markets. And once again, you've probably seen me grab this just to use
probably seen me grab this just to use the markets left and right. Hold on to
the markets left and right. Hold on to the screen and move it up or move it
the screen and move it up or move it down. You can also move it to the left.
down. You can also move it to the left. You can also move it to the right. Just
You can also move it to the right. Just a different way of you adjusting the
a different way of you adjusting the charts. This area right here does pretty
charts. This area right here does pretty much the same thing. You right click on
much the same thing. You right click on it, you move it to that area, you click
it, you move it to that area, you click this area, you move left. This, you
this area, you move left. This, you click this right here, you move right.
click this right here, you move right. Or you click on the reset the chart, and
Or you click on the reset the chart, and it just resets it back to how it should
it just resets it back to how it should originally have been. Moving on down
originally have been. Moving on down here, you have this area over here,
here, you have this area over here, which is going to be the one day, 5day,
which is going to be the one day, 5day, 1 month, 3 month, six month. I don't
1 month, 3 month, six month. I don't really know what this is. I'm sure if I
really know what this is. I'm sure if I click on it, it's probably going to take
click on it, it's probably going to take me to something like that. I don't know.
me to something like that. I don't know. I've never clicked on it. I've never
I've never clicked on it. I've never clicked on this button either. I have I
clicked on this button either. I have I did I did do this once one time by
did I did do this once one time by accident and I brought this up. I'm
accident and I brought this up. I'm like, whoa, what the hell is this? And I
like, whoa, what the hell is this? And I guess this is just a different way for
guess this is just a different way for you to pretty much just set up, I guess,
you to pretty much just set up, I guess, your bar replay. And I just realized
your bar replay. And I just realized that I did skip a button which is going
that I did skip a button which is going to be the bar replay. So the bar replay
to be the bar replay. So the bar replay is actually something that you use to
is actually something that you use to back test. So I just clicked on that
back test. So I just clicked on that button and let's say I want to back
button and let's say I want to back test. I can just start back testing.
test. I can just start back testing. Let's say from this point right here. I
Let's say from this point right here. I right click it and then all I would have
right click it and then all I would have to do is just start. I click the play
to do is just start. I click the play button and then it's like if I were to
button and then it's like if I were to be back back testing. I can pause it. I
be back back testing. I can pause it. I can speed up the time of the
can speed up the time of the candlesticks. I can change from a
candlesticks. I can change from a certain time frame to another. This is
certain time frame to another. This is basically the back testing tool that
basically the back testing tool that Trading View has to offer. It's a very
Trading View has to offer. It's a very cool feature and personally I don't
cool feature and personally I don't recommend back testing. I actually hate
recommend back testing. I actually hate back testing. I think it's one of the
back testing. I think it's one of the biggest mistakes that traders do when it
biggest mistakes that traders do when it comes to back testing because it creates
comes to back testing because it creates a false expectation of what trading is
a false expectation of what trading is really going to be like. I have my
really going to be like. I have my personal opinions on it and you know
personal opinions on it and you know once my students join the community I
once my students join the community I explained to them that live testing is
explained to them that live testing is the best thing that you can possibly do
the best thing that you can possibly do because when you go back test you pretty
because when you go back test you pretty much just saw what ended up happening
much just saw what ended up happening here, right? Even whether whether you
here, right? Even whether whether you try and forget the or whether you get a
try and forget the or whether you get a friend to come pick the market and
friend to come pick the market and select the bar replay button, this still
select the bar replay button, this still is not the same because right now we're
is not the same because right now we're on the four 4 hour time frame and this
on the four 4 hour time frame and this market just had all of this move right
market just had all of this move right here and that just happened in literally
here and that just happened in literally 2 seconds and in real life this took
2 seconds and in real life this took nearly 36 hours to happen. So there's a
nearly 36 hours to happen. So there's a big patience factor that back testing
big patience factor that back testing does not take into account and I feel
does not take into account and I feel like it gives a false perception of what
like it gives a false perception of what trading really is like. That's why I'm
trading really is like. That's why I'm personally very against back testing.
personally very against back testing. And I'll give you guys, you know, more
And I'll give you guys, you know, more details on my thoughts on that later as
details on my thoughts on that later as we go through the actual strategy part
we go through the actual strategy part and how you should actually be trading
and how you should actually be trading and what you should be looking for and
and what you should be looking for and what you shouldn't be not. But yeah, I
what you shouldn't be not. But yeah, I just realized that I overwent that bar
just realized that I overwent that bar replay button. But continuing down here,
replay button. But continuing down here, yeah, I've never really used this area
yeah, I've never really used this area down here. I think about a year ago I
down here. I think about a year ago I accidentally moved this up and then I
accidentally moved this up and then I realized something down here even
realized something down here even existed. I don't know what this open
existed. I don't know what this open panel or maximize panel even is. Moving
panel or maximize panel even is. Moving down over here to the left hand side,
down over here to the left hand side, you're going to have this little star.
you're going to have this little star. So this little star is actually this
So this little star is actually this toolkit right here. So this toolkit, if
toolkit right here. So this toolkit, if I were to click the star, it pops up. If
I were to click the star, it pops up. If I don't click it, it won't pop up. Once
I don't click it, it won't pop up. Once I have my toolkit pop up, these are all
I have my toolkit pop up, these are all of the tools that I actually use to
of the tools that I actually use to analyze the market that I use to
analyze the market that I use to determine whether this is a good trade
determine whether this is a good trade to buy or whether this is a good trade
to buy or whether this is a good trade to sell. Now, these are all of the tools
to sell. Now, these are all of the tools that I personally use. These are all of
that I personally use. These are all of the tools that Trading View has to
the tools that Trading View has to offer. If you were to rightclick on the
offer. If you were to rightclick on the trend line and tools, you're going to
trend line and tools, you're going to get many different formats of trend
get many different formats of trend lines and many different ways that you
lines and many different ways that you can identify the market. You can get
can identify the market. You can get this type of tool. You can get this
this type of tool. You can get this different type of trend line here. For
different type of trend line here. For example, you can get a trend diagonal. I
example, you can get a trend diagonal. I have never used this in my life and I
have never used this in my life and I have no idea what they are used for. I
have no idea what they are used for. I only use inside of this line section. I
only use inside of this line section. I use the trend line, the horizontal line,
use the trend line, the horizontal line, and the horizontal ray. For you to get
and the horizontal ray. For you to get access to it, all you have to do is just
access to it, all you have to do is just put the star. Click the star. Click the
put the star. Click the star. Click the star. And you're going to notice that
star. And you're going to notice that it's going to automatically pop up on
it's going to automatically pop up on your own custom toolkit bar. All of
your own custom toolkit bar. All of these other different types of trend
these other different types of trend lines. I don't know what this is. Like
lines. I don't know what this is. Like the [ __ ] is this? This is a pitchfork.
the [ __ ] is this? This is a pitchfork. Like how? Like it's literally named
Like how? Like it's literally named pitchfork. Then this is a shift
pitchfork. Then this is a shift pitchfork. Like what the [ __ ] is I don't
pitchfork. Like what the [ __ ] is I don't know. This in my opinion is just too
know. This in my opinion is just too much information. And believe me, when I
much information. And believe me, when I was learning how to trade, I was here
was learning how to trade, I was here breaking my head, literally trying to
breaking my head, literally trying to figure out, first of all, what is a
figure out, first of all, what is a pitchfork? Like, what is an inside
pitchfork? Like, what is an inside pitchfork? Like, what the [ __ ] Like,
pitchfork? Like, what the [ __ ] Like, looking at this now after I've been
looking at this now after I've been trading for such a long time, just makes
trading for such a long time, just makes me feel extremely happy that I actually
me feel extremely happy that I actually was able to become a profitable trader
was able to become a profitable trader with this amount of information overload
with this amount of information overload that, you know, these different
that, you know, these different platforms have to offer. You know, they
platforms have to offer. You know, they they don't do it in a malicious way.
they don't do it in a malicious way. They just do it because, you know, their
They just do it because, you know, their their business is to offer all of these
their business is to offer all of these different types of tools just so anybody
different types of tools just so anybody and anybody can use it. But what nobody
and anybody can use it. But what nobody teaches you is that you don't need to
teaches you is that you don't need to know or learn every single thing inside
know or learn every single thing inside of this platform for you to determine if
of this platform for you to determine if a trade makes sense to buy or sell. You
a trade makes sense to buy or sell. You really don't. But all of these tools
really don't. But all of these tools that I have here, the trend line, the
that I have here, the trend line, the horizontal ray, and the horizontal line
horizontal ray, and the horizontal line are the only lines that you're going to
are the only lines that you're going to be needing inside of this section.
be needing inside of this section. Moving on to the section below, you have
Moving on to the section below, you have the Fibonacci. So once again, there is a
the Fibonacci. So once again, there is a quantillion different amounts of
quantillion different amounts of Fibonacci tools and different formats
Fibonacci tools and different formats that you can use. I don't use any diff I
that you can use. I don't use any diff I don't use any type of Fibonacci. I don't
don't use any type of Fibonacci. I don't use any type of can or what I don't even
use any type of can or what I don't even know like I think this is the biggest I
know like I think this is the biggest I don't even want to say anything but I
don't even want to say anything but I don't know. I just I'm telling you, I
don't know. I just I'm telling you, I just looked back and I really tried to
just looked back and I really tried to figure out how to make something work
figure out how to make something work with this right here. And you guys don't
with this right here. And you guys don't understand how much time I wasted by
understand how much time I wasted by doing this. This really this really
doing this. This really this really messed me up, guys. I I I mean this in
messed me up, guys. I I I mean this in the most humbling way. Like this really
the most humbling way. Like this really made me lose a lot of time. So, you
made me lose a lot of time. So, you won't need to be learning any of the
won't need to be learning any of the stuff here. They can pretty much nuke
stuff here. They can pretty much nuke this whole entire tab right here of the
this whole entire tab right here of the Fibonacci and that will change
Fibonacci and that will change absolutely nothing in my trading. Next,
absolutely nothing in my trading. Next, we have the pattern section. In this
we have the pattern section. In this pattern section, you have the all of
pattern section, you have the all of these different types of patterns. The
these different types of patterns. The holy pattern. Let me see what this one
holy pattern. Let me see what this one looks like. What is this? The cloud.
looks like. What is this? The cloud. Like how does this even make out I don't
Like how does this even make out I don't like what what does this do? I don't I
like what what does this do? I don't I don't know. Oh my god. What is this? The
don't know. Oh my god. What is this? The Sline. Y
Sline. Y this looks like a heartbeat. This is
this looks like a heartbeat. This is like Bro, this was my heartbeat trying
like Bro, this was my heartbeat trying to learn this whole trading [ __ ] Trying
to learn this whole trading [ __ ] Trying to figure out if I should be interested
to figure out if I should be interested in buying or selling. Like this right
in buying or selling. Like this right here is not a trending. This I don't
here is not a trending. This I don't even know what this is. Oh my god, I
even know what this is. Oh my god, I just I'm so passionate about trading
just I'm so passionate about trading that sometimes this type of stuff drive
that sometimes this type of stuff drive me crazy because it can just completely
me crazy because it can just completely mess up somebody's journey. The only
mess up somebody's journey. The only pattern you're going to be needing,
pattern you're going to be needing, ladies and gentlemen, is going to be the
ladies and gentlemen, is going to be the head and shoulders. So, just put a
head and shoulders. So, just put a little star on the head and shoulders
little star on the head and shoulders pattern and then it should pop up right
pattern and then it should pop up right there into your toolbox. Below that,
there into your toolbox. Below that, you're going to have the projection.
you're going to have the projection. You're going to put a star on the long
You're going to put a star on the long position and the short position. These
position and the short position. These are very self-explanatory. Whenever
are very self-explanatory. Whenever you're going to buy a trade, this is the
you're going to buy a trade, this is the long position you're going to pop up. So
long position you're going to pop up. So whenever you buy a trade, you expect for
whenever you buy a trade, you expect for you to pre-calculate your risk. So in
you to pre-calculate your risk. So in here, let's say you're only willing on
here, let's say you're only willing on losing a 100 bucks. And then if you were
losing a 100 bucks. And then if you were to then have a one:2 risk-to-reward, for
to then have a one:2 risk-to-reward, for example, which is what this is set up
example, which is what this is set up right now. So your risk-to-reward ratio
right now. So your risk-to-reward ratio is a 1:2. So you're risking $100 here to
is a 1:2. So you're risking $100 here to then making $200 here. So this area is
then making $200 here. So this area is where then you're going to be making
where then you're going to be making $200 in this area right here. So you're
$200 in this area right here. So you're risking 100 right here. And if you win,
risking 100 right here. And if you win, you win 200. If you notice, it is
you win 200. If you notice, it is literally the exact double size. And
literally the exact double size. And that's what makes it a perfect one to
that's what makes it a perfect one to two risk-to-reward. So, you're risking
two risk-to-reward. So, you're risking one to gain two. Or you can risk one to
one to gain two. Or you can risk one to gain three. Just simply triple that. And
gain three. Just simply triple that. And then there you go. So, you risk one to
then there you go. So, you risk one to gain three. You could do gain four,
gain three. You could do gain four, five, six, seven. It's all based off of
five, six, seven. It's all based off of this number right here. So, this right
this number right here. So, this right here is a one to five. So you're risking
here is a one to five. So you're risking one to gain five. Right here we have
one to gain five. Right here we have four and then we have five for example.
four and then we have five for example. So this risk-to-reward tool works for
So this risk-to-reward tool works for buys and then it also works for sales.
buys and then it also works for sales. So here you're risking one to gain two.
So here you're risking one to gain two. And I'm going to be explaining to you
And I'm going to be explaining to you how to properly place this where it
how to properly place this where it should be your minimum risk-to-reward
should be your minimum risk-to-reward tool why it should be and the whole
tool why it should be and the whole entire philosophy behind that. So that's
entire philosophy behind that. So that's what the risk-to-reward tool are going
what the risk-to-reward tool are going to be. And I feel like I didn't really
to be. And I feel like I didn't really mention these other tools over here, but
mention these other tools over here, but uh trend line is very simple. It's just
uh trend line is very simple. It's just a trend line. We don't really use it as
a trend line. We don't really use it as a trend line. We use it more for to
a trend line. We use it more for to create our structure points. And I'll
create our structure points. And I'll explain all of that later once we get
explain all of that later once we get into that. Our horizontal line is just
into that. Our horizontal line is just so we can identify a line that goes
so we can identify a line that goes pretty much across the chart. And a
pretty much across the chart. And a horizontal ray is pretty much the same
horizontal ray is pretty much the same exact thing as the horizontal line. It's
exact thing as the horizontal line. It's just from a certain point. So instead of
just from a certain point. So instead of it being the whole entire market, we
it being the whole entire market, we could just place it based off of this
could just place it based off of this point. Makes it very simple so the
point. Makes it very simple so the market and the charts don't get too
market and the charts don't get too cluttered up with an abundance of
cluttered up with an abundance of information. So the head and shoulders
information. So the head and shoulders pattern is used as a reversal pattern
pattern is used as a reversal pattern and this is so you can determine where
and this is so you can determine where the left, the head, and the right
the left, the head, and the right shoulders. If you guys have been
shoulders. If you guys have been following me for some time, you're
following me for some time, you're probably going to notice that I repeat
probably going to notice that I repeat this pattern time and time and time
this pattern time and time and time again. That's because this is simply one
again. That's because this is simply one of the most powerful patterns in the
of the most powerful patterns in the market to date. and it's the one that
market to date. and it's the one that has led me to have the majority of my
has led me to have the majority of my success. But there's a very specific way
success. But there's a very specific way on how to use it. And don't worry, I'm
on how to use it. And don't worry, I'm going to be breaking down how to use
going to be breaking down how to use this pattern accurately later into this
this pattern accurately later into this video. For now, I'm just showing you
video. For now, I'm just showing you what Trading View is and what you should
what Trading View is and what you should be focusing on and what you should not
be focusing on and what you should not be focusing on. This is pretty
be focusing on. This is pretty self-explanatory. You might have it full
self-explanatory. You might have it full of different colors. It might be pretty
of different colors. It might be pretty ugly when you have it. All you have to
ugly when you have it. All you have to do is double click it or right click the
do is double click it or right click the head and shoulders, go to style, and you
head and shoulders, go to style, and you can pretty much style it however you
can pretty much style it however you want. You can put it available on
want. You can put it available on whichever time frame you want. Change
whichever time frame you want. Change the colors. Put the borders however. And
the colors. Put the borders however. And you can make the background however you
you can make the background however you want. I'm sure pretty much I'm sure it
want. I'm sure pretty much I'm sure it comes ugly. Probably does. Probably
comes ugly. Probably does. Probably comes with a bunch of different colors
comes with a bunch of different colors and ugly like this. I just have it as
and ugly like this. I just have it as simple and as clean as it can possibly
simple and as clean as it can possibly be. But I'm going to be showing you how
be. But I'm going to be showing you how this works later inside of the video.
this works later inside of the video. Next, we have the long and short
Next, we have the long and short positions. We won't be needing anything
positions. We won't be needing anything else down from over here. This is crazy.
else down from over here. This is crazy. This is basically saying that it's going
This is basically saying that it's going to predict the next move. It's pretty
to predict the next move. It's pretty cool. I'm not going to lie. It's for
cool. I'm not going to lie. It's for like a tattoo or something, but not to
like a tattoo or something, but not to make money in trading. Honestly, that
make money in trading. Honestly, that makes no sense. Next is the brush. The
makes no sense. Next is the brush. The brush is just used for my educational
brush is just used for my educational purposes. Whenever I want to mark up
purposes. Whenever I want to mark up structure points or whenever I want to
structure points or whenever I want to mark anything off and show people or
mark anything off and show people or just set a reminder of something, I'll
just set a reminder of something, I'll just circle it and I'll know to come
just circle it and I'll know to come back to it whenever is needed just to
back to it whenever is needed just to pretty much note things down. The
pretty much note things down. The rectangle is going to be used as a box.
rectangle is going to be used as a box. This is where you're going to place your
This is where you're going to place your zones of support and resistance. And
zones of support and resistance. And I'll be breaking down support and
I'll be breaking down support and resistance later. So, make sure you have
resistance later. So, make sure you have this box. It's going to be very crucial
this box. It's going to be very crucial and essential that you have it. Once
and essential that you have it. Once again, if you don't like your colors,
again, if you don't like your colors, double click it, rightclick it, and you
double click it, rightclick it, and you can pretty much change the colors
can pretty much change the colors however you want. Or you can just do it
however you want. Or you can just do it based off of this other tab right here
based off of this other tab right here that pops up. And then here, you can go
that pops up. And then here, you can go based off of the custom colors that you
based off of the custom colors that you want to go ahead and make your box. I
want to go ahead and make your box. I always like making it as light as
always like making it as light as possible so you can actually see price.
possible so you can actually see price. Some people like having it super dark
Some people like having it super dark and if you have it super dark, you
and if you have it super dark, you literally cannot see price. The box is
literally cannot see price. The box is blocking price. I like making it around
blocking price. I like making it around a four to 5% just so it's very light
a four to 5% just so it's very light tint so you can identify if you're in or
tint so you can identify if you're in or out of the box, but you can also see it.
out of the box, but you can also see it. Next is going to be the rotated
Next is going to be the rotated rectangle. And this one I'm actually
rectangle. And this one I'm actually going toclick. I accidentally had that
going toclick. I accidentally had that one in my favorites. Next is going to be
one in my favorites. Next is going to be the path. This one is something that I
the path. This one is something that I use to identify market structure and I
use to identify market structure and I follow where the price is going to move
follow where the price is going to move or when I have a prediction from the
or when I have a prediction from the market. For example, like let's say I
market. For example, like let's say I want the market to have a retest of this
want the market to have a retest of this area right here to then buy. I do this
area right here to then buy. I do this whenever I analyze the markets every
whenever I analyze the markets every single Sunday with my students and I
single Sunday with my students and I give them my top markets. I will do
give them my top markets. I will do something like this. So throughout the
something like this. So throughout the week, they know exactly what they should
week, they know exactly what they should be looking for and wait for the market
be looking for and wait for the market to do something like that. Basically,
to do something like that. Basically, this is just me setting up the the path
this is just me setting up the the path that the market should follow in order
that the market should follow in order for me to be interested in the trade.
for me to be interested in the trade. Next to that, you have the eclipse. The
Next to that, you have the eclipse. The eclipse is just another form of you
eclipse is just another form of you placing a circle. If you want to go
placing a circle. If you want to go ahead and zoom into a market, for
ahead and zoom into a market, for example, let's say I want to go to the
example, let's say I want to go to the lower time frame on this area right
lower time frame on this area right here. I just put the eclipse. I put a
here. I just put the eclipse. I put a circle over here. And we go down to the
circle over here. And we go down to the 30 minute time frame. And on the
30 minute time frame. And on the 30-minut time frame, I know that that's
30-minut time frame, I know that that's where on the 4our time frame I had it
where on the 4our time frame I had it circled. And I'm going to be looking for
circled. And I'm going to be looking for whatever market structure or whatever
whatever market structure or whatever learning lesson that I need to look for
learning lesson that I need to look for it here. If I want to see how this
it here. If I want to see how this specific market looks like on the
specific market looks like on the weekly, I know that all I have to do is
weekly, I know that all I have to do is go to the weekly, find that circle,
go to the weekly, find that circle, which will obviously be a lot smaller
which will obviously be a lot smaller because you know that the higher the
because you know that the higher the time frame, the tighter it's going to
time frame, the tighter it's going to be. This is what that circle will look
be. This is what that circle will look like on the weekly. If I want to see it
like on the weekly. If I want to see it on the daily, this is what it's going to
on the daily, this is what it's going to look like on the daily. just an area for
look like on the daily. just an area for you to be able to identify the market
you to be able to identify the market and you can tell where you are in that
and you can tell where you are in that market and then you can go and look at
market and then you can go and look at the details. Then that's going to be the
the details. Then that's going to be the final tool that you're going to add
final tool that you're going to add inside of this section. Next to that you
inside of this section. Next to that you have the text and notes. If you want to
have the text and notes. If you want to make sure you can add the text tool. So
make sure you can add the text tool. So this right here is so you can write down
this right here is so you can write down your actual confluences onto the chart.
your actual confluences onto the chart. So whenever I want to write down a note
So whenever I want to write down a note to myself I can either use this option
to myself I can either use this option over here. So I can use this notes
over here. So I can use this notes option in this area of the trade or I
option in this area of the trade or I can actually do it right on the chart
can actually do it right on the chart which is where I like it a lot because
which is where I like it a lot because I'm literally placing it right on top of
I'm literally placing it right on top of the market. So for example here I am
the market. So for example here I am waiting for the market to come back to
waiting for the market to come back to my area of interest or area of interest.
my area of interest or area of interest. Now if I want to make it longer just go
Now if I want to make it longer just go like this. If I want to make the text
like this. If I want to make the text smaller I click this button right here
smaller I click this button right here making it smaller. These are all just
making it smaller. These are all just custom, you know, curious creature
custom, you know, curious creature features that you can pretty much play
features that you can pretty much play with it, but it's just just a note thing
with it, but it's just just a note thing pretty much. Under that, we have the
pretty much. Under that, we have the call out. Call out is pretty
call out. Call out is pretty self-explanatory. Let's say you're going
self-explanatory. Let's say you're going to get on a call with me or you're going
to get on a call with me or you're going to get a call with my team and you want
to get a call with my team and you want to review a trade. You simply get this
to review a trade. You simply get this call out pointed to this point and it's
call out pointed to this point and it's ask this,
ask this, ask
ask team this. So, for example, it's just so
team this. So, for example, it's just so you have the specific spot that you want
you have the specific spot that you want to actually write it down or review it.
to actually write it down or review it. Or if you take a trade and you took a
Or if you take a trade and you took a loss, for example, let's say, for
loss, for example, let's say, for example, this week I took a loss here on
example, this week I took a loss here on NDUSD. I'm going to use the call out
NDUSD. I'm going to use the call out option. And here's where I'm going to I
option. And here's where I'm going to I took a loss, but I want to come back in
took a loss, but I want to come back in one week and see how it reacted, for
one week and see how it reacted, for example, or how it reached this area, so
example, or how it reached this area, so on and so forth. Just a different way on
on and so forth. Just a different way on how you can actually write down a note
how you can actually write down a note onto the market. Continuing from that,
onto the market. Continuing from that, you have the emojis. We're not texting
you have the emojis. We're not texting anybody. We're not, you know, putting
anybody. We're not, you know, putting emojis here. We're here to make money,
emojis here. We're here to make money, not to put little hearts on our trading
not to put little hearts on our trading view. Ladies, if you're on here, you're
view. Ladies, if you're on here, you're going to put hearts on your charts.
going to put hearts on your charts. Sorry, not that guy. Guys, if you're
Sorry, not that guy. Guys, if you're going to put a heart on your charts, I
going to put a heart on your charts, I think you should not be here. Totally a
think you should not be here. Totally a joke. If you want to put hearts, you can
joke. If you want to put hearts, you can do whatever you want, but I've never
do whatever you want, but I've never done that in my life. This tool right
done that in my life. This tool right here is going to be the measurement
here is going to be the measurement tool. So this tool is actually very
tool. So this tool is actually very useful when it comes to either measuring
useful when it comes to either measuring the size or the time of a market. So for
the size or the time of a market. So for example, let's say we want to know how
example, let's say we want to know how long the market took from get to get
long the market took from get to get from this point right here to this point
from this point right here to this point right here. This market took a total of
right here. This market took a total of 93 bars, which on the 4hour time frame
93 bars, which on the 4hour time frame is a total of 21 days and 12 hours. So
is a total of 21 days and 12 hours. So you can just click the actual candle or
you can just click the actual candle or anywhere in the chart and drag it left.
anywhere in the chart and drag it left. And you can see how you continuously
And you can see how you continuously dragging it left. This is going to
dragging it left. This is going to continuously move and it's going to
continuously move and it's going to measure how much time or the length of
measure how much time or the length of that move. Now, that is the time wise.
that move. Now, that is the time wise. Now, if you want to measure it in pips,
Now, if you want to measure it in pips, which I'm going to get into pips right
which I'm going to get into pips right now, all you have to do is just go up
now, all you have to do is just go up and down. So, let's say you want to see
and down. So, let's say you want to see how big a zone is. For example, let's
how big a zone is. For example, let's say you want to measure this zone. You
say you want to measure this zone. You go to the top of the zone and then you
go to the top of the zone and then you go to the bottom of the zone. And you
go to the bottom of the zone. And you can tell that this zone is a total of 20
can tell that this zone is a total of 20 pips. 20.3 pips. If you want to measure
pips. 20.3 pips. If you want to measure the size of this candlestick, you go
the size of this candlestick, you go from the top of the candlestick to the
from the top of the candlestick to the bottom of the candlestick and you can
bottom of the candlestick and you can tell it is a total of 52 pips. And now
tell it is a total of 52 pips. And now if you want to measure it to the upside
if you want to measure it to the upside from this zone to this zone, you can
from this zone to this zone, you can tell that that is a total of 40 pips.
tell that that is a total of 40 pips. Now what are these pips? What is a pip?
Now what are these pips? What is a pip? Pip means point in percentage.
Pip means point in percentage. Point in percentage.
Point in percentage. Percentage.
Percentage. So this is how you measure the market
So this is how you measure the market and the the length of it. So let's say
and the the length of it. So let's say this right now is uh two fighters,
this right now is uh two fighters, right? So these are two fighters. This
right? So these are two fighters. This is the pound versus the Swiss Frank. And
is the pound versus the Swiss Frank. And this is when Mike Tyson or this is when
this is when Mike Tyson or this is when the Swiss Frank beats up the pound. So
the Swiss Frank beats up the pound. So this if this movement goes down that
this if this movement goes down that means that the Swiss Frank is getting
means that the Swiss Frank is getting stronger than the British pound. This
stronger than the British pound. This move is happening right here. And you
move is happening right here. And you want to measure how strong that move
want to measure how strong that move was, you just measure it. You get this
was, you just measure it. You get this right here and then you measure it from
right here and then you measure it from the bottom up, from the top down, it's
the bottom up, from the top down, it's going to be the exact same pip amount.
going to be the exact same pip amount. Pip is the point in percentage. So you
Pip is the point in percentage. So you measure that move in pips. In fighters,
measure that move in pips. In fighters, if they were to be fighting, oh, he
if they were to be fighting, oh, he knocked them down and he stayed down
knocked them down and he stayed down for, for example, if you were to measure
for, for example, if you were to measure this, he stayed down for 50 seconds. But
this, he stayed down for 50 seconds. But in trading, this move went down 50
in trading, this move went down 50 points. Now, this is not correlated with
points. Now, this is not correlated with time, but this is just how you measure
time, but this is just how you measure the length of the move. In fighting, you
the length of the move. In fighting, you measure the length of the knockdown
measure the length of the knockdown based off of how long he was down for,
based off of how long he was down for, for example. And I'm sure there's many
for example. And I'm sure there's many different analogies that I can put to
different analogies that I can put to it, but it's just the first one that
it, but it's just the first one that comes to mind. PIP is the point of
comes to mind. PIP is the point of percentage. It is the measurement that
percentage. It is the measurement that the market has. So, let's say a market
the market has. So, let's say a market goes, let's say you want to buy this
goes, let's say you want to buy this market from this point right here to
market from this point right here to this point. You're aiming for 40 points.
this point. You're aiming for 40 points. This 40 points is what the market is
This 40 points is what the market is going to do. Now you risk behind like
going to do. Now you risk behind like the you base your trade based off of
the you base your trade based off of these points. So let's say you want to
these points. So let's say you want to risk $100. So if you risk $100 per
risk $100. So if you risk $100 per point, you just do 100 times 40 and then
point, you just do 100 times 40 and then you can go ahead and see how much
you can go ahead and see how much profits you're going to be making. So
profits you're going to be making. So for example, let's say we're going to
for example, let's say we're going to have this buy position, right? So this
have this buy position, right? So this buy position and I know I I can get this
buy position and I know I I can get this lit later into the actual technical
lit later into the actual technical parts when we get to the market, but
parts when we get to the market, but let's say right here our stop loss is 20
let's say right here our stop loss is 20 points, right? 20 pips. If we want to
points, right? 20 pips. If we want to risk $500, we then go to our position
risk $500, we then go to our position size calculator. We can go to on
size calculator. We can go to on 1xtrade.com. We can go to lq.com. They
1xtrade.com. We can go to lq.com. They all have these cool position size
all have these cool position size calculators where you can pretty much
calculators where you can pretty much base your account balance. And then from
base your account balance. And then from there, you can actually tell your lots,
there, you can actually tell your lots, the lot size, and all that, which I'll
the lot size, and all that, which I'll get into that later into the actual
get into that later into the actual video. But here, basically, you would
video. But here, basically, you would tell, okay, so this has 20 pips down,
tell, okay, so this has 20 pips down, and then this has 36 pips to the upside.
and then this has 36 pips to the upside. That's how you measure how long your
That's how you measure how long your stop loss is going to be. and how long
stop loss is going to be. and how long your takerit is going to be. Pretty much
your takerit is going to be. Pretty much the tool actually measures it for you,
the tool actually measures it for you, but this tool also measures it for you
but this tool also measures it for you for whatever reason you want to measure
for whatever reason you want to measure this zoom in option. Uh I I don't really
this zoom in option. Uh I I don't really know what it is. I'm going to click on
know what it is. I'm going to click on it right now for the first time. Oh, I
it right now for the first time. Oh, I guess it's whenever you want to Oh,
guess it's whenever you want to Oh, okay. So, I guess whenever you want to
okay. So, I guess whenever you want to really like zoom into a piece of market,
really like zoom into a piece of market, you can just get that tool. It's a
you can just get that tool. It's a pretty cool tool. And then I guess this
pretty cool tool. And then I guess this is whenever you want to zoom out of it
is whenever you want to zoom out of it pretty much, but I've never really used
pretty much, but I've never really used it. Not really interested. This magnet.
it. Not really interested. This magnet. I have no idea what it's used for. This
I have no idea what it's used for. This I have no idea what it's used for. This
I have no idea what it's used for. This is for whenever you want to lock your
is for whenever you want to lock your drawings. I never really use this
drawings. I never really use this option, but I do use this option
option, but I do use this option sometimes, which is where you want to
sometimes, which is where you want to hide all the drawings because sometimes
hide all the drawings because sometimes when you're looking at the market, for
when you're looking at the market, for example, let's say like my NZDUSD, like
example, let's say like my NZDUSD, like I have a lot of notes sometimes placed
I have a lot of notes sometimes placed on the markets. And if I want to just
on the markets. And if I want to just remove all of these different noise that
remove all of these different noise that I have from my notes, I just look at the
I have from my notes, I just look at the market for what it is. And don't worry,
market for what it is. And don't worry, all those notes that I have there, I'm
all those notes that I have there, I'm going to be educating you guys on what
going to be educating you guys on what they are throughout the video. So, don't
they are throughout the video. So, don't try and pause it and sneak in and zoom
try and pause it and sneak in and zoom into it. Trust me, if you try and take
into it. Trust me, if you try and take the short way, you're going to you're
the short way, you're going to you're going to confuse yourself because you're
going to confuse yourself because you're not going to be educated on that
not going to be educated on that information. Correct. So, this tool
information. Correct. So, this tool right here is just to pretty much hide
right here is just to pretty much hide all of the options for however long you
all of the options for however long you want it. This is going to be the I don't
want it. This is going to be the I don't even know what this is. This is the sync
even know what this is. This is the sync drawing options. I've never used it. And
drawing options. I've never used it. And then this is the the delete button if
then this is the the delete button if you want to go ahead and delete your
you want to go ahead and delete your drawings. And then after you favored
drawings. And then after you favored every single one of these tools that
every single one of these tools that I've just explained right now, all you
I've just explained right now, all you have to do is put a star and then this
have to do is put a star and then this tool kit pops up and down. Moving on to
tool kit pops up and down. Moving on to this top section over here is where we
this top section over here is where we have the actual currency market that
have the actual currency market that we're interested in trading. Once again,
we're interested in trading. Once again, this is just another time frame that is
this is just another time frame that is telling you whether it's reflecting from
telling you whether it's reflecting from here. This is the server that you are
here. This is the server that you are in. So you can either be in the end the
in. So you can either be in the end the server how I am now or whatever server
server how I am now or whatever server you decide to pick. This is the color of
you decide to pick. This is the color of the symbol that you have, the flag that
the symbol that you have, the flag that you have on it. And these are just more
you have on it. And these are just more settings that you can have and curious
settings that you can have and curious features on it, which I never really
features on it, which I never really use. This area up here, I have no idea
use. This area up here, I have no idea what this is. I guess this is the
what this is. I guess this is the measurement of the path or the tool
measurement of the path or the tool whenever it goes on Trading View, but I
whenever it goes on Trading View, but I never ever look at these numbers. I just
never ever look at these numbers. I just think it looks cool whenever I move it
think it looks cool whenever I move it fast, how fast it also moves alongside
fast, how fast it also moves alongside with it. This option right here is the
with it. This option right here is the exact same thing. As you can tell, it
exact same thing. As you can tell, it just moves whenever I move the the path
just moves whenever I move the the path tool, but I don't really ever use it.
tool, but I don't really ever use it. This right here is if you want to demo
This right here is if you want to demo sell or demo buy into the market, which
sell or demo buy into the market, which you could do that, but I've already
you could do that, but I've already explained that it's best to go ahead and
explained that it's best to go ahead and do that on Trading View just because
do that on Trading View just because it's a lot easier. Uh, I mean, you can
it's a lot easier. Uh, I mean, you can go ahead and do that within the broker
go ahead and do that within the broker and Metatrader because you can take it
and Metatrader because you can take it with you on your phone. It's pretty
with you on your phone. It's pretty self-explanatory. And then this option
self-explanatory. And then this option right here is where you can hide your
right here is where you can hide your indicators that you're going to be
indicators that you're going to be using, which the only two indicators you
using, which the only two indicators you need to be using is going to be the EMA
need to be using is going to be the EMA and the no gap candlesticks. So,
and the no gap candlesticks. So, everything I just educated you guys on
everything I just educated you guys on right now is going to be Trading View,
right now is going to be Trading View, right? I get it. There's a lot of
right? I get it. There's a lot of buttons. There's a lot of volume. But
buttons. There's a lot of volume. But now that you look at it and you
now that you look at it and you understand it, it really isn't that
understand it, it really isn't that complicated. All you really need are
complicated. All you really need are these tools that you have up here. And
these tools that you have up here. And that's pretty much it. You don't even
that's pretty much it. You don't even need to click this button right here for
need to click this button right here for the alert. You can just click right here
the alert. You can just click right here on the right hand side. Whenever you
on the right hand side. Whenever you want to search up a market, you just
want to search up a market, you just simply type it on the keyboard. And
simply type it on the keyboard. And whenever you type it, it should just pop
whenever you type it, it should just pop right up and then it comes over here to
right up and then it comes over here to the side. All of this other information
the side. All of this other information is literally just information overload
is literally just information overload and you don't need to know any of that
and you don't need to know any of that stuff. So, this right here is Trading
stuff. So, this right here is Trading View. This is where you're going to
View. This is where you're going to spend 90% of your time, if not 95% of
spend 90% of your time, if not 95% of your time when it comes to actually
your time when it comes to actually executing the analysis of the market,
executing the analysis of the market, and you're going to determine if you're
and you're going to determine if you're interested in buying or selling. But at
interested in buying or selling. But at no point are you actually going to buy
no point are you actually going to buy and sell off of this market. You're
and sell off of this market. You're never going to deposit into this
never going to deposit into this platform right here. This is just where
platform right here. This is just where you look at the market. Then you have
you look at the market. Then you have the broker where you deposit the funds
the broker where you deposit the funds and then the broker creates the MT5
and then the broker creates the MT5 account where you go and execute the
account where you go and execute the trade. This everything right here are
trade. This everything right here are just simply the trading tools and
just simply the trading tools and platforms that you need to have when you
platforms that you need to have when you are trading in the markets. Believe me,
are trading in the markets. Believe me, I wish I had these markets when I
I wish I had these markets when I started trading because personally, I
started trading because personally, I had so much unnecessary information on
had so much unnecessary information on my charts that just simply cluttered my
my charts that just simply cluttered my time and it wasted me from actually
time and it wasted me from actually focusing on things that do matter and
focusing on things that do matter and that's practicing a strategy, not trying
that's practicing a strategy, not trying to figure out what every single feature
to figure out what every single feature inside of Trading View was and if there
inside of Trading View was and if there was these different hidden secret
was these different hidden secret websites that were going to lead me to
websites that were going to lead me to understand if something was ready to buy
understand if something was ready to buy or not. So, in this little zap right
or not. So, in this little zap right here, this is basically the latest
here, this is basically the latest update of the market. every single
update of the market. every single market will have that little lightning
market will have that little lightning just shows you where the market is at
just shows you where the market is at that very moment. Obviously, this is
that very moment. Obviously, this is where these markets are and it just
where these markets are and it just gives you like the latest updates on it,
gives you like the latest updates on it, but I never click on that either at all.
but I never click on that either at all. These are just cool little features that
These are just cool little features that Trading View has to offer. And if I
Trading View has to offer. And if I didn't show it, this little lightning
didn't show it, this little lightning right here, it's just the latest updates
right here, it's just the latest updates of the market pretty much. So, once
of the market pretty much. So, once again, all you need is Trading View to
again, all you need is Trading View to analyze the markets. You need a broker
analyze the markets. You need a broker to deposit your funds. I recommend LQ
to deposit your funds. I recommend LQ Markets or I recommend 1xtrade.com. And
Markets or I recommend 1xtrade.com. And then the only other platform that you're
then the only other platform that you're going to need from that is maybe and if
going to need from that is maybe and if anything Forex Factory for you to
anything Forex Factory for you to understand if there is fundamentals that
understand if there is fundamentals that are going to be happening. Now later
are going to be happening. Now later into this video I'm going to explain
into this video I'm going to explain what fundamentals are good for and how
what fundamentals are good for and how you can actually leverage that into a
you can actually leverage that into a profitable strategy. So we'll break all
profitable strategy. So we'll break all that down into the future. All right. So
that down into the future. All right. So now that you understand how Trading View
now that you understand how Trading View works, we're going to go back to
works, we're going to go back to MetaTrader 5, but I'm going to show it
MetaTrader 5, but I'm going to show it to you here on the actual Trading View
to you here on the actual Trading View just because I can show you everything
just because I can show you everything on one spot. So I know we're going back
on one spot. So I know we're going back and forth. So bear with me. have some
and forth. So bear with me. have some patience because I'm trying to explain
patience because I'm trying to explain to you every single feature of trading
to you every single feature of trading all inside of the same section so you
all inside of the same section so you guys can know exactly how to use it all.
guys can know exactly how to use it all. So, this right here is probably when you
So, this right here is probably when you were looking at Metatrader 5 on your
were looking at Metatrader 5 on your phone and you were probably a little bit
phone and you were probably a little bit confused whether you were ready to
confused whether you were ready to actually either place a market instant
actually either place a market instant execution, you're probably curious on
execution, you're probably curious on what's a buy limit, sell limit, buy
what's a buy limit, sell limit, buy stop, sell stop, and these other pending
stop, sell stop, and these other pending orders that are right here. So, this is
orders that are right here. So, this is once you are ready to go ahead and
once you are ready to go ahead and execute the trade. So, let's say you're
execute the trade. So, let's say you're looking at NZD JPY, for example, and
looking at NZD JPY, for example, and you're ready to go ahead and execute
you're ready to go ahead and execute that trade and you're ready to place
that trade and you're ready to place either a buy or a sell. So, if you want
either a buy or a sell. So, if you want to place a buy or a sell based off of
to place a buy or a sell based off of where the market is exactly right now,
where the market is exactly right now, you would just go ahead go to market
you would just go ahead go to market execution. You would put your stop loss
execution. You would put your stop loss and then you would put your takeprofit
and then you would put your takeprofit and then you would immediately take the
and then you would immediately take the trade. So, if you were to put your
trade. So, if you were to put your takeprofit, it would look something like
takeprofit, it would look something like this. And then if you would put your
this. And then if you would put your stop loss, it would look something like
stop loss, it would look something like this. All you would have to do is come
this. All you would have to do is come to the MetaTrader 4 or the MetaTrader 5
to the MetaTrader 4 or the MetaTrader 5 app and then all you would have to do is
app and then all you would have to do is just place the stop-loss numbers and
just place the stop-loss numbers and place the takerit numbers. So the stop
place the takerit numbers. So the stop loss number for example right here it
loss number for example right here it would be on this trade for example you
would be on this trade for example you were to look at it on this section you
were to look at it on this section you could look at either on the right hand
could look at either on the right hand section or you could just double click
section or you could just double click on it. You go to inputs and your stop
on it. You go to inputs and your stop loss is 87.670.
loss is 87.670. So you would go over here, you would
So you would go over here, you would bring up your MetaTrader 5, and then you
bring up your MetaTrader 5, and then you would go ahead and implement right here
would go ahead and implement right here in your stop loss the numbers that you
in your stop loss the numbers that you see right here. So your stop-loss level
see right here. So your stop-loss level is going to be 87.670.
is going to be 87.670. 87.670.
87.670. And then you would go ahead and place
And then you would go ahead and place your takerit. So your takerit is the
your takerit. So your takerit is the green area. And then on this takerit
green area. And then on this takerit area, you would go ahead and put 88736.
area, you would go ahead and put 88736. So take profit, you would put 88736.
So take profit, you would put 88736. So then this right here would be your
So then this right here would be your take profit positions. Then after that
take profit positions. Then after that you have the deviation which I have
you have the deviation which I have absolutely no idea what that is. I have
absolutely no idea what that is. I have never placed anything on that button
never placed anything on that button right there. All I know is whenever I
right there. All I know is whenever I want to trade whenever I want to take a
want to trade whenever I want to take a trade live based off of where the market
trade live based off of where the market is, I go ahead I place my stop loss. I
is, I go ahead I place my stop loss. I place my takeprofit and then I click
place my takeprofit and then I click buy. Now before I click buy, I need to
buy. Now before I click buy, I need to make sure that I can calculate my risk
make sure that I can calculate my risk on the position. So if you notice here,
on the position. So if you notice here, this lot size is going to be 0.05.
this lot size is going to be 0.05. Now, you're probably wondering, Alex,
Now, you're probably wondering, Alex, what does that mean? What is a lot size?
what does that mean? What is a lot size? How does that work? Well, it's actually
How does that work? Well, it's actually very simple. Your lot size is what's
very simple. Your lot size is what's going to determine the actual risk on
going to determine the actual risk on the position that you're going to be
the position that you're going to be taking. So, if you want to risk a $100
taking. So, if you want to risk a $100 inside of this trade right here, right?
inside of this trade right here, right? So, for example, let's say you have a
So, for example, let's say you have a $1,000 trading account, right? Your
$1,000 trading account, right? Your balance on the account is $1,000. You
balance on the account is $1,000. You deposited $1,000 inside of 1x trade. So
deposited $1,000 inside of 1x trade. So on your MetaTrader 5, it says $1,000,
on your MetaTrader 5, it says $1,000, but out of those $1,000, you want to
but out of those $1,000, you want to only risk 50 bucks, right? That is what
only risk 50 bucks, right? That is what you are okay with risking on this
you are okay with risking on this position right here. All right, cool.
position right here. All right, cool. That's a great percentage based off of
That's a great percentage based off of your account. And this trade, you're
your account. And this trade, you're going to be risking $50 to potentially
going to be risking $50 to potentially gain $100. That is a positive
gain $100. That is a positive risk-to-reward ratio. Now, how do you
risk-to-reward ratio. Now, how do you calculate that lot size that you need to
calculate that lot size that you need to go ahead and place into your position?
go ahead and place into your position? Because once again, this lot size that
Because once again, this lot size that you're going to be placing right into
you're going to be placing right into your MetaTrader 5, that needs to go
your MetaTrader 5, that needs to go directly before you click the buy or the
directly before you click the buy or the sell button. You can't click buy or sell
sell button. You can't click buy or sell into the market until you haven't
into the market until you haven't pre-calculated your lot size. Now,
pre-calculated your lot size. Now, determining your lot size is extremely
determining your lot size is extremely easy. So, you can come over here to
easy. So, you can come over here to 1xtrade.com. You can go to their lots
1xtrade.com. You can go to their lots size calculator or you can go to LQ
size calculator or you can go to LQ Markets and you can go to their position
Markets and you can go to their position size calculator, whichever one you like
size calculator, whichever one you like best. And let's say right here you're
best. And let's say right here you're going to put your account balance. So
going to put your account balance. So let's say your account balance is $1,000
let's say your account balance is $1,000 for the example that we're using right
for the example that we're using right now. And you want to risk 50 bucks. So
now. And you want to risk 50 bucks. So 50 bucks is 5% of your account. And
50 bucks is 5% of your account. And let's say your stop loss in pips is
let's say your stop loss in pips is going to be a total of 35 pips. For
going to be a total of 35 pips. For example, let's say we go back to this
example, let's say we go back to this trade right here. And this is a 30 pip
trade right here. And this is a 30 pip stop loss. So as you can tell, this is a
stop loss. So as you can tell, this is a 30 point stop loss. This number right
30 point stop loss. This number right here amount 750. I have no idea what it
here amount 750. I have no idea what it is. This percentage, I have no idea what
is. This percentage, I have no idea what it is. And this stop 0307,
it is. And this stop 0307, I have no idea what it is. All I know is
I have no idea what it is. All I know is that this number right here, 30.7
that this number right here, 30.7 is the amount of pips on this actual
is the amount of pips on this actual position. So, let's say this trade is
position. So, let's say this trade is actually a total of 30 pips. All right,
actually a total of 30 pips. All right, cool. Now, I know for the takerit, I'm
cool. Now, I know for the takerit, I'm targeting to have 61 pips. Now, I don't
targeting to have 61 pips. Now, I don't know what this percentage is, and I
know what this percentage is, and I don't know what this target is. All I
don't know what this target is. All I know is that this is the pips for the
know is that this is the pips for the takerit. This is the pips for my stop
takerit. This is the pips for my stop loss. And my risk-to-reward ratio is A2.
loss. And my risk-to-reward ratio is A2. I don't know what this quantity is. And
I don't know what this quantity is. And I know this open P&L is going to tell me
I know this open P&L is going to tell me how many pips I am in draw down or how
how many pips I am in draw down or how many pips I am in profit. Is this
many pips I am in profit. Is this fluctuates depending how price is
fluctuates depending how price is moving. But I set the time of us taking
moving. But I set the time of us taking this trade right at this point right
this trade right at this point right there. This is going to be my pip count
there. This is going to be my pip count for the stop loss. All I have to do is
for the stop loss. All I have to do is come back to my lot size calculator. My
come back to my lot size calculator. My pip size is going to be 30 amount, 30
pip size is going to be 30 amount, 30 pips. And then what currency pair are we
pips. And then what currency pair are we going to be trading? So this currency
going to be trading? So this currency pair that we're going to be trading is
pair that we're going to be trading is NZD JPY. The New Zealand dollar versus
NZD JPY. The New Zealand dollar versus the Japanese yen. So all I have to do is
the Japanese yen. So all I have to do is type here NZD
type here NZD JPY.
NZD. One second. Oh, I guess we have to look through it
Oh, I guess we have to look through it like this. We type it in. Doesn't pop
like this. We type it in. Doesn't pop up. We could just look for it. Boom.
up. We could just look for it. Boom. Boom. Boom. And it's probably organized
Boom. Boom. And it's probably organized in order. There's so many different
in order. There's so many different currency pairs right here. NZDJPY. And
currency pairs right here. NZDJPY. And then all I have to click after that is
then all I have to click after that is just simply calculate risk. Now, my lot
just simply calculate risk. Now, my lot size in order for me to risk $50 with my
size in order for me to risk $50 with my $1,000 account and a 30 pip stop-loss is
$1,000 account and a 30 pip stop-loss is 0.17.
0.17. Now this trade right here as soon as I
Now this trade right here as soon as I am going to go enter the trade when I go
am going to go enter the trade when I go place my stop loss all I have to do is
place my stop loss all I have to do is put 0.17
put 0.17 on this lot size. I put the number of my
on this lot size. I put the number of my actual stop-loss 87.650
actual stop-loss 87.650 right here and then I put my takeprofit
right here and then I put my takeprofit which is going to be 88.570
which is going to be 88.570 at this point right here. And then I
at this point right here. And then I click buy at no matter what happens in
click buy at no matter what happens in this market. Trump could come out with
this market. Trump could come out with the craziest tweets. another Corona
the craziest tweets. another Corona virus, uh, another anything pandemic
virus, uh, another anything pandemic could happen. This can have a massive
could happen. This can have a massive candlestick to the downside like this or
candlestick to the downside like this or a massive candlestick to the upside like
a massive candlestick to the upside like this. The most I will ever lose on this
this. The most I will ever lose on this position is going to be those $50. Why?
position is going to be those $50. Why? Because I have a stop-loss and I have it
Because I have a stop-loss and I have it calculated with the lot size. So, I know
calculated with the lot size. So, I know exactly how much I am risking on this
exactly how much I am risking on this position. As soon as I am entering this
position. As soon as I am entering this market, that is exactly what I am going
market, that is exactly what I am going to be risking. I will not lose any more
to be risking. I will not lose any more than what I have pre-calculated here.
than what I have pre-calculated here. And I will not gain more than what I
And I will not gain more than what I have pre-calculated here. As soon as the
have pre-calculated here. As soon as the market comes to this area, the market
market comes to this area, the market will automatically take me out at my
will automatically take me out at my stop loss at this point right here. As
stop loss at this point right here. As soon as the market comes up to this area
soon as the market comes up to this area over here, the market will automatically
over here, the market will automatically take me out at this area right here. The
take me out at this area right here. The beauty of this right here is that you
beauty of this right here is that you know exactly how much you are risking to
know exactly how much you are risking to exactly how much you can potentially
exactly how much you can potentially gain. There is no random outcome. There
gain. There is no random outcome. There is no uncertainty what can potentially
is no uncertainty what can potentially happen. You know exactly what is going
happen. You know exactly what is going to happen. So MetaTrader 5 when you are
to happen. So MetaTrader 5 when you are going to go execute your position and an
going to go execute your position and an instant execution you have to just make
instant execution you have to just make sure that you simply just click zero.
sure that you simply just click zero. You simply just place your stop loss you
You simply just place your stop loss you place your takeprofit and you calculate
place your takeprofit and you calculate your risk. Then you click the buy or the
your risk. Then you click the buy or the sell button. Now the only difference in
sell button. Now the only difference in between instant execution, buy limit,
between instant execution, buy limit, sell limit, buy stop, sell stop, buy
sell limit, buy stop, sell stop, buy stop limit and sell stop limit is that
stop limit and sell stop limit is that you pretty much predict or you place the
you pretty much predict or you place the area where you want for the market to
area where you want for the market to enter you right away. So a buy stop is
enter you right away. So a buy stop is an order placed above a current price
an order placed above a current price and you're basically going to be entered
and you're basically going to be entered into the trade as soon as the market
into the trade as soon as the market gets to that point. So for example,
gets to that point. So for example, let's say I place a buy stop order,
let's say I place a buy stop order, right? So let's say we want to place a
right? So let's say we want to place a buy stop. I would place the market right
buy stop. I would place the market right here. So as soon as I click the buy stop
here. So as soon as I click the buy stop option, there's only one tab more that's
option, there's only one tab more that's going to open and that's the area where
going to open and that's the area where you want to place where where you want
you want to place where where you want to place the price. So this is where you
to place the price. So this is where you want to place the price. So this price
want to place the price. So this price is going to be at 88145.
is going to be at 88145. So you are telling Metatrader 5 that
So you are telling Metatrader 5 that whenever the market gets to this price
whenever the market gets to this price 88145
88145 the market is going to immediately enter
the market is going to immediately enter you the position. So this is if you have
you the position. So this is if you have to go to work or you have to go to the
to go to work or you have to go to the gym or you have to go to sleep. Whenever
gym or you have to go to sleep. Whenever the market breaks through this area it's
the market breaks through this area it's going to automatically enter you into
going to automatically enter you into the position with your pre-calculated
the position with your pre-calculated stop-loss with your pre-calculated
stop-loss with your pre-calculated take-profit. Everything is exactly the
take-profit. Everything is exactly the same. The only difference is that you
same. The only difference is that you are literally just placing price
are literally just placing price whenever and if price ever gets there,
whenever and if price ever gets there, it's going to enter it automatically for
it's going to enter it automatically for you. That's pretty much it. When it
you. That's pretty much it. When it comes to a sell stop, it's the exact
comes to a sell stop, it's the exact same thing, but just to the downside.
same thing, but just to the downside. Let's say you want to sell this market,
Let's say you want to sell this market, but you don't want to sell this market
but you don't want to sell this market right here, and you see yourself that
right here, and you see yourself that you're going to be having a long day at
you're going to be having a long day at work or a long day outside of the
work or a long day outside of the office, but you know, once price breaks
office, but you know, once price breaks this area, you would be interested in
this area, you would be interested in executing the position. Okay, cool. So
executing the position. Okay, cool. So you just simply place a sell stop and as
you just simply place a sell stop and as soon as price is below that current
soon as price is below that current price and that's where you're going to
price and that's where you're going to be immediately entered into the position
be immediately entered into the position as if you were to be executing the
as if you were to be executing the market at that point. And then you have
market at that point. And then you have what is called a sell limit and a buy
what is called a sell limit and a buy limit. So it's an order placed above the
limit. So it's an order placed above the current market price anticipating that
current market price anticipating that it's going to fall. And a buy limit is
it's going to fall. And a buy limit is basically you're placing a limit below
basically you're placing a limit below the current market price while the
the current market price while the market and you're anticipating for it to
market and you're anticipating for it to rise. So let's say at this price right
rise. So let's say at this price right here, you want to go ahead and you want
here, you want to go ahead and you want to place a sell limit. Now for you to
to place a sell limit. Now for you to place this sell limit, let's say you
place this sell limit, let's say you want price to get to this point right
want price to get to this point right here. Let's say you want market to get
here. Let's say you want market to get to 88.277.
to 88.277. Once price gets to this area right here,
Once price gets to this area right here, you're going to enter the market as a
you're going to enter the market as a sell. So let's say you identify this to
sell. So let's say you identify this to be a very strong level of resistance.
be a very strong level of resistance. Whenever the market gets there, you want
Whenever the market gets there, you want to be immediately entered into a sell.
to be immediately entered into a sell. Once again, you predetermine your stop
Once again, you predetermine your stop loss. You predetermine your takeprofit.
loss. You predetermine your takeprofit. You just see yourself that you're going
You just see yourself that you're going to be busy and you can't place the limit
to be busy and you can't place the limit and it places it for you. The buy limit
and it places it for you. The buy limit is pretty much the same. It's just vice
is pretty much the same. It's just vice versa. So, let's say you don't want to
versa. So, let's say you don't want to buy right here because it is way too
buy right here because it is way too high and you want the market to buy at
high and you want the market to buy at this point right here. You see price is
this point right here. You see price is going to have a reaction from this area
going to have a reaction from this area from we're going to double click this
from we're going to double click this area. It's going to be 87.723.
area. It's going to be 87.723. Okay, cool. So, whenever price makes it
Okay, cool. So, whenever price makes it to this area and if it has a dip down
to this area and if it has a dip down into this area, it's going to
into this area, it's going to automatically enter you into the buy
automatically enter you into the buy position. Let's say the market continues
position. Let's say the market continues to go down. Well, you entered the market
to go down. Well, you entered the market at that position. That's why I don't
at that position. That's why I don't like using these pending orders because
like using these pending orders because the momentum coming into these zones
the momentum coming into these zones could be very strong. And if you were
could be very strong. And if you were just to be watching the market live, you
just to be watching the market live, you could probably avoid a loss because
could probably avoid a loss because price can come very strong into this
price can come very strong into this area and within the same candlestick or
area and within the same candlestick or within the same minute go straight to
within the same minute go straight to your stop loss. And just because you
your stop loss. And just because you entered it off of a specific zone, you
entered it off of a specific zone, you simply got stopped out. But if you were
simply got stopped out. But if you were probably watching the market live as it
probably watching the market live as it was having that deep retracement, you'd
was having that deep retracement, you'd probably be like, you know what, I'm
probably be like, you know what, I'm going to wait for this momentum to slow
going to wait for this momentum to slow down a little bit to see if I can get a
down a little bit to see if I can get a better entry. and then there you can
better entry. and then there you can potentially avoid a a loss or even get a
potentially avoid a a loss or even get a better entry all the way down here.
better entry all the way down here. Instead of using these pending order
Instead of using these pending order limits that basically execute the trade
limits that basically execute the trade for you, I would much rather use my
for you, I would much rather use my alarms. So, I put an alarm at these
alarms. So, I put an alarm at these specific areas and once price gets
specific areas and once price gets there, I will then be looking at the
there, I will then be looking at the market to see if I'm interested in
market to see if I'm interested in executing the trade. Now, I did this
executing the trade. Now, I did this while I was working at Dunkin Donuts. I
while I was working at Dunkin Donuts. I worked at Dunkin Donuts for a couple of
worked at Dunkin Donuts for a couple of years and I had multiple different jobs
years and I had multiple different jobs and at no point did I put these limit
and at no point did I put these limit orders as the decision maker to enter
orders as the decision maker to enter the trade for me. I wanted to make sure
the trade for me. I wanted to make sure that I am entering the trade based off
that I am entering the trade based off of a real confluence that I am actually
of a real confluence that I am actually having. At no point did I want to enter
having. At no point did I want to enter the trade just based off of momentum.
the trade just based off of momentum. And if that doesn't make sense right
And if that doesn't make sense right now, don't worry. I'm going to be
now, don't worry. I'm going to be explaining all that later when we
explaining all that later when we actually get into the actual strategy.
actually get into the actual strategy. But that is exactly what these limit
But that is exactly what these limit orders are and pretty much how they
orders are and pretty much how they work. And then the only difference in
work. And then the only difference in between a buy stop limits and then a
between a buy stop limits and then a sell stop limit is that you can pretty
sell stop limit is that you can pretty much just place it limits at these types
much just place it limits at these types of orders. So you can either place a
of orders. So you can either place a sell limit or a buy limit or you can
sell limit or a buy limit or you can place a limit on these orders as well.
place a limit on these orders as well. Pretty much the same thing. You're just
Pretty much the same thing. You're just setting different limits. But I can
setting different limits. But I can guarantee you if you want to use my
guarantee you if you want to use my profitable strategy and everything I'm
profitable strategy and everything I'm going to be teaching you inside of this
going to be teaching you inside of this video and every other video that I've
video and every other video that I've created, at no point do I ever use any
created, at no point do I ever use any of these right here. But I do have to
of these right here. But I do have to educate you on it because sometimes
educate you on it because sometimes temptation might be there just in case
temptation might be there just in case if you are busy and you want to just
if you are busy and you want to just place a limit in the event that you know
place a limit in the event that you know you're not going to be in front of the
you're not going to be in front of the markets. I think it's just a lot. Okay,
markets. I think it's just a lot. Okay, so now that you guys understand exactly
so now that you guys understand exactly how a buy stop and a sell stop works.
how a buy stop and a sell stop works. You guys understand a buy stop was when
You guys understand a buy stop was when it breaks through, sell stop when it
it breaks through, sell stop when it breaks through, and how these limit
breaks through, and how these limit orders work, let me actually just go
orders work, let me actually just go ahead and show you over here back on
ahead and show you over here back on Metatrigger 5 once again. Right? So here
Metatrigger 5 once again. Right? So here we have our 100 bucks that we just
we have our 100 bucks that we just deposited. We're going to go back over
deposited. We're going to go back over to the currency market. So let's say for
to the currency market. So let's say for example, we want to go ahead and trade
example, we want to go ahead and trade EuroUSD. Right? So we click on this
EuroUSD. Right? So we click on this trade button for us to actually execute
trade button for us to actually execute the trade. Now once again just taking a
the trade. Now once again just taking a quick step back on this EuroUSD trade.
quick step back on this EuroUSD trade. If you click on chart the chart will pop
If you click on chart the chart will pop up. If on the EuroUSD trade we click
up. If on the EuroUSD trade we click details details will pop up. And then if
details details will pop up. And then if you were to click on statistics
you were to click on statistics statistics will pop up. The only button
statistics will pop up. The only button that we will ever really be using is
that we will ever really be using is just going to be the trade button. So we
just going to be the trade button. So we can go ahead and click the trade button.
can go ahead and click the trade button. So we want to make sure that we are
So we want to make sure that we are going to do a instant execution on this
going to do a instant execution on this market. So we can execute the trade
market. So we can execute the trade right now where the market is at this
right now where the market is at this point. So if I were to go ahead and take
point. So if I were to go ahead and take you to the EuroUSD chart. So from the
you to the EuroUSD chart. So from the last time that we spoke, the market has
last time that we spoke, the market has moved a bit. So this market right now on
moved a bit. So this market right now on EuroUSD is for example, let's say at
EuroUSD is for example, let's say at this area right around over here. So if
this area right around over here. So if we would have actually entered the trade
we would have actually entered the trade where I placed it last week when I was
where I placed it last week when I was recording this video, we would have
recording this video, we would have actually won this trade. This would have
actually won this trade. This would have been a beautiful win from the market
been a beautiful win from the market where we were actually executing the
where we were actually executing the trade. But we're up over here now,
trade. But we're up over here now, right? So, this trade is having some
right? So, this trade is having some pretty pretty clean momentum and say you
pretty pretty clean momentum and say you want to buy this market. So, we're going
want to buy this market. So, we're going to go ahead and go to MetaTrader 5.
to go ahead and go to MetaTrader 5. We're just going to put a 0.01, which is
We're just going to put a 0.01, which is the smallest lot size that you can
the smallest lot size that you can possibly put. And we're just going to
possibly put. And we're just going to put market execution. Let's say we want
put market execution. Let's say we want to buy this trade at this point right
to buy this trade at this point right here. Let's put our stop loss very tight
here. Let's put our stop loss very tight at this point. And let's put our takerit
at this point. And let's put our takerit very tight to this point right here. So,
very tight to this point right here. So, our stop loss is 1.18001.
But our stop loss 1.18001 [Music]
[Music] and our takerit is going to be 1.18
and our takerit is going to be 1.18 1.18308
and we simply just click buy and that's it. We're into the market now. As you
it. We're into the market now. As you can see as soon as we enter the market
can see as soon as we enter the market we are in some draw down in this
we are in some draw down in this position. Now this position is once
position. Now this position is once again is in draw down because we are
again is in draw down because we are obviously having a cost to enter this
obviously having a cost to enter this trade which we are having some fee some
trade which we are having some fee some spread and as you can tell that fee in
spread and as you can tell that fee in that spread it pretty much was already
that spread it pretty much was already gone because the trade is in momentum
gone because the trade is in momentum and we're going into profit and once you
and we're going into profit and once you start making profit those fees are
start making profit those fees are pretty much you don't even see them
pretty much you don't even see them anymore right so this trade right here
anymore right so this trade right here if you were to want to close it you can
if you were to want to close it you can just tap on it and you can click close
just tap on it and you can click close position you can modify position go to
position you can modify position go to chart or click on bulk operations. Right
chart or click on bulk operations. Right here, you can see your exact stop-loss
here, you can see your exact stop-loss once again to the bottom left corner of
once again to the bottom left corner of this pop-up tab. You can then see your
this pop-up tab. You can then see your takerit, the time, and the swap. The
takerit, the time, and the swap. The swap is the cost for you holding the
swap is the cost for you holding the position overnight or over the weekend.
position overnight or over the weekend. And the fee of that would just pop up
And the fee of that would just pop up there. So, you have an idea on how much
there. So, you have an idea on how much actual profit you are in this position.
actual profit you are in this position. So, at this very moment, once you enter
So, at this very moment, once you enter a trade, you pretty much just have to
a trade, you pretty much just have to set and forget and let the trade do its
set and forget and let the trade do its thing. You either let the trade hit your
thing. You either let the trade hit your stop loss or let the trade hit your
stop loss or let the trade hit your takeprofit. Now, later on into this
takeprofit. Now, later on into this video when I'm I'm going to actually
video when I'm I'm going to actually teach you a strategy on how you actually
teach you a strategy on how you actually exe execute these trades at the right
exe execute these trades at the right areas. You're going to know when exactly
areas. You're going to know when exactly to enter and how to manage your trade
to enter and how to manage your trade because a lot of traders, they maybe
because a lot of traders, they maybe know how to analyze the markets. But the
know how to analyze the markets. But the reason why they're not profitable is
reason why they're not profitable is because they don't know how to properly
because they don't know how to properly manage a trade. And I want to educate
manage a trade. And I want to educate you guys on different ways of actual
you guys on different ways of actual trading first before you actually know
trading first before you actually know how to manage a trade. because you first
how to manage a trade. because you first need to learn how to trade before you
need to learn how to trade before you can learn how to manage it. And while
can learn how to manage it. And while me, I was just talking and explaining
me, I was just talking and explaining that, you can just see how we went from
that, you can just see how we went from being negative 20 cents to pretty much
being negative 20 cents to pretty much now being break even or positive 2 to 3
now being break even or positive 2 to 3 cents. Now, if I were to want to close
cents. Now, if I were to want to close this position, all I would have to do
this position, all I would have to do once again is just click on that close.
once again is just click on that close. Click on the tab of the actual trade. I
Click on the tab of the actual trade. I could go ahead and click close. And at
could go ahead and click close. And at this point, I would just click close,
this point, I would just click close, that orange bar that has just popped up
that orange bar that has just popped up there, and it would say you would close
there, and it would say you would close with 13 cents in a loss. Now, if you
with 13 cents in a loss. Now, if you don't want to close in a loss, you can
don't want to close in a loss, you can just wait. And if you want to modify
just wait. And if you want to modify your position, you can just click on
your position, you can just click on modify. And let's say for whatever
modify. And let's say for whatever reason, you want to open your stop loss
reason, you want to open your stop loss and make it a little bit bigger, you can
and make it a little bit bigger, you can just simply modify your stop loss. So,
just simply modify your stop loss. So, let's say you want your stop loss to be
let's say you want your stop loss to be 1.17966.
All you have to do is click modify and you come here modify 1.17966
and then you just click modify and then you stay in the exact same position. You
you stay in the exact same position. You just simply modify your take profit.
just simply modify your take profit. Let's say once again you want to modify
Let's say once again you want to modify your your stop loss. Let's say you want
your your stop loss. Let's say you want to modify your takeprofit to this area
to modify your takeprofit to this area over here. Cool. Not a problem. You
over here. Cool. Not a problem. You simply get this and now your new take
simply get this and now your new take profit is 1.1413.
It's always good to double triple check because these numbers literally
because these numbers literally determine your profits. Click modify and
determine your profits. Click modify and now your trade is modified. You don't
now your trade is modified. You don't get moved into the position. You don't
get moved into the position. You don't get entered into a new position. You are
get entered into a new position. You are just simply modifying your position
just simply modifying your position after you have entered it. So this right
after you have entered it. So this right here is every single button that you're
here is every single button that you're really going to be using when it comes
really going to be using when it comes to the MetaTrader 5. Once you're in the
to the MetaTrader 5. Once you're in the position, once you click on trade, it
position, once you click on trade, it could just give you the option to add
could just give you the option to add another position. If you were to click
another position. If you were to click chart, it's going to take you to the
chart, it's going to take you to the actual chart on MetaTrader 5. Just so
actual chart on MetaTrader 5. Just so you can actually see where your stop
you can actually see where your stop loss is on the chart, which would be at
loss is on the chart, which would be at this area right here. Gives you a real
this area right here. Gives you a real representation of where it is. And then
representation of where it is. And then where your takerit is, it gives you a
where your takerit is, it gives you a real representation of where it is. If
real representation of where it is. If you were to click bulk operations, if
you were to click bulk operations, if let's say you were to have many
let's say you were to have many positions available, this would enter
positions available, this would enter you in all of these positions at the
you in all of these positions at the same time. So let's say I agree to the
same time. So let's say I agree to the terms and conditions. I click on bulk
terms and conditions. I click on bulk operations. I can close all positions.
operations. I can close all positions. close all losing positions, close all
close all losing positions, close all buys in position, close. It just depends
buys in position, close. It just depends how many positions you have open. You
how many positions you have open. You can customize the execution that you
can customize the execution that you want to do at this point. Personally,
want to do at this point. Personally, myself, whenever I actually go close a
myself, whenever I actually go close a position, I usually tend to have
position, I usually tend to have multiple lots open simply because I have
multiple lots open simply because I have a lot of trades at the same time, I just
a lot of trades at the same time, I just click close all positions and it'll
click close all positions and it'll close them all at the exact same time. I
close them all at the exact same time. I don't have to go manually one by one and
don't have to go manually one by one and then click close. It just saves me about
then click close. It just saves me about 10 seconds. That's really it. So that's
10 seconds. That's really it. So that's pretty much every single feature when it
pretty much every single feature when it comes to this MetaTrader 5. The last one
comes to this MetaTrader 5. The last one and most creative one is I say you want
and most creative one is I say you want to not close the whole entire position.
to not close the whole entire position. Let's say you want to close partial. Now
Let's say you want to close partial. Now this would only work if we were to be in
this would only work if we were to be in this position for more than 0.01 lots.
this position for more than 0.01 lots. For example, let's say we would be in
For example, let's say we would be in this position 0.10
this position 0.10 and you want to close half of your
and you want to close half of your position. You can simply come into here
position. You can simply come into here and close 0.05 05 and then you click
and close 0.05 05 and then you click close and then you would be closing 50%
close and then you would be closing 50% of your position. So this is every
of your position. So this is every single feature that it comes to actually
single feature that it comes to actually executing a trade with straight market
executing a trade with straight market execution. Let's say you want to enter a
execution. Let's say you want to enter a trade and then you actually have a buy
trade and then you actually have a buy limit for example. So let's say we we
limit for example. So let's say we we want to have a buy limit on this market
want to have a buy limit on this market and we want the limit to be based off of
and we want the limit to be based off of this area right here. So for now let's
this area right here. So for now let's get rid of this risk-to-reward tool. We
get rid of this risk-to-reward tool. We want to enter the market once the market
want to enter the market once the market hits this price point right here. So
hits this price point right here. So that's going to be
that's going to be the entry price is 1.18120.
the entry price is 1.18120. So price will be 1.18120.
Stop loss is going to be 1.1 7879.
7879. And then your takerit is going to be 1.8
And then your takerit is going to be 1.8 28
28 361.
361. All you have to do is just simply click
All you have to do is just simply click place. And that is it. So now, as you
place. And that is it. So now, as you can tell, you're not in profit or in
can tell, you're not in profit or in draw down. What you have placed is a
draw down. What you have placed is a market execution. So once the market
market execution. So once the market comes into this area, it will
comes into this area, it will automatically enter the position while
automatically enter the position while you're anticipating for it to go up. It
you're anticipating for it to go up. It could come into this area and then keep
could come into this area and then keep continue going to the downside, but just
continue going to the downside, but just depends on the type of order that you
depends on the type of order that you have placed, it will execute you into
have placed, it will execute you into that market. This right here is great
that market. This right here is great for people once again that aren't
for people once again that aren't available to be in front of the markets
available to be in front of the markets all of the time. And if for whatever
all of the time. And if for whatever reason after you place the limit, it's
reason after you place the limit, it's been hours and the trade hasn't been
been hours and the trade hasn't been executed, all you simply have to do is
executed, all you simply have to do is click it and you can delete the order
click it and you can delete the order that you have placed or you can modify.
that you have placed or you can modify. You can either change your stop-loss,
You can either change your stop-loss, you can change your entry price, change
you can change your entry price, change your takerit or you can just delete it
your takerit or you can just delete it as a whole. So if you were to delete it,
as a whole. So if you were to delete it, you just click on the delete button.
you just click on the delete button. It's going to give you the confirmation
It's going to give you the confirmation and then you go to the history tab and
and then you go to the history tab and on the history tab it should pop up like
on the history tab it should pop up like an order that you had in in the past or
an order that you had in in the past or no since it was in a position it won't
no since it was in a position it won't pop up when you actually close a
pop up when you actually close a position like this one. Let's say we
position like this one. Let's say we close it right now at 50 cents in a
close it right now at 50 cents in a loss. We can see it over here how this
loss. We can see it over here how this was a position that we entered and how
was a position that we entered and how it has actually closed. So this right
it has actually closed. So this right here is pretty much every single feature
here is pretty much every single feature inside of MetaTrader 5. And when you go
inside of MetaTrader 5. And when you go withdraw your funds from MetaTrader 5,
withdraw your funds from MetaTrader 5, you don't actually withdraw your funds
you don't actually withdraw your funds from MetaTrader 5. You withdraw it from
from MetaTrader 5. You withdraw it from the broker that you are going to be
the broker that you are going to be trading. And then that broker will
trading. And then that broker will reflect that price on the actual
reflect that price on the actual MetaTrader 5. And now, for example,
MetaTrader 5. And now, for example, let's say that we want to go ahead and
let's say that we want to go ahead and withdraw our $99, right? Because we lost
withdraw our $99, right? Because we lost the position, we're not happy about it,
the position, we're not happy about it, and we just want to get the money back.
and we just want to get the money back. You can't withdraw Metatrader 5.
You can't withdraw Metatrader 5. Metatrader 5 is not the broker. You need
Metatrader 5 is not the broker. You need to make sure that you go to the broker
to make sure that you go to the broker so you can go ahead and actually
so you can go ahead and actually withdraw your funds. So remember
withdraw your funds. So remember MetaTrader 5 is the platform where you
MetaTrader 5 is the platform where you are going to execute the position.
are going to execute the position. Anything related to the money in or out
Anything related to the money in or out of the actual platform is going to be on
of the actual platform is going to be on the broker. So the money is reflected on
the broker. So the money is reflected on MetaTrader 5 for you to actually place
MetaTrader 5 for you to actually place the trades. But when you want to
the trades. But when you want to withdraw the money, you have to go back
withdraw the money, you have to go back to the broker and request the withdraw
to the broker and request the withdraw from the broker. Once you withdraw the
from the broker. Once you withdraw the funds, it's going to reflect on
funds, it's going to reflect on MetaTrader 5. And then from there,
MetaTrader 5. And then from there, you're going to go ahead and do whatever
you're going to go ahead and do whatever with the funds once you have withdrawn
with the funds once you have withdrawn them. But MetaTrader 5 never has your
them. But MetaTrader 5 never has your funds. They don't get access to your
funds. They don't get access to your funds. They're just a a platform that
funds. They're just a a platform that just shows the trades and shows the
just shows the trades and shows the profit and loss pretty much. But where
profit and loss pretty much. But where the funds actually are are within the
the funds actually are are within the broker that you're going to be using,
broker that you're going to be using, whether it be 1x trade or it be LQ
whether it be 1x trade or it be LQ Markets. So, with that being said, that
Markets. So, with that being said, that is pretty much everything when it comes
is pretty much everything when it comes to market orders, uh, and how to
to market orders, uh, and how to actually take a trade, how to place
actually take a trade, how to place these orders, every single feature
these orders, every single feature inside of MetaTrader 4, Metatrader 5.
inside of MetaTrader 4, Metatrader 5. Now, I want to get into actual types of
Now, I want to get into actual types of trading. I want to educate you guys on
trading. I want to educate you guys on fundamental trading. I want to educate
fundamental trading. I want to educate you guys on technical trading and how I
you guys on technical trading and how I personally do it. So, within this video,
personally do it. So, within this video, you guys can go ahead and actually start
you guys can go ahead and actually start to begin executing trades by the end of
to begin executing trades by the end of it. Now, if you guys aren't subscribed,
it. Now, if you guys aren't subscribed, make sure you guys hit that subscribe
make sure you guys hit that subscribe button. This is one of the many videos
button. This is one of the many videos that I'm being created for you guys. So,
that I'm being created for you guys. So, if you guys aren't subscribed to the
if you guys aren't subscribed to the channel, you're going to be missing out
channel, you're going to be missing out on a bunch of videos, including other
on a bunch of videos, including other valuable ones like this one. So, hit
valuable ones like this one. So, hit that subscribe button. It doesn't cost
that subscribe button. It doesn't cost you anything. And personally, I believe
you anything. And personally, I believe this is going to be one of the best
this is going to be one of the best videos that you're going to have in
videos that you're going to have in order for you to learn trading from zero
order for you to learn trading from zero to 100. So, with that being said, let's
to 100. So, with that being said, let's continue. So, now that you understand
continue. So, now that you understand all that, let's move on to our next
all that, let's move on to our next subject, which is going to be
subject, which is going to be fundamental analysis. Now, before I get
fundamental analysis. Now, before I get into fundamental analysis, we already
into fundamental analysis, we already know what technical analysis is. This is
know what technical analysis is. This is when for you to determine if you want to
when for you to determine if you want to buy or sell the market. You're going to
buy or sell the market. You're going to focus your analysis on the candlesticks,
focus your analysis on the candlesticks, on price action, which you're going to
on price action, which you're going to be reading the candles. You're you're
be reading the candles. You're you're going to be reading the candlesticks
going to be reading the candlesticks going to the upside or to the downside.
going to the upside or to the downside. That's where you're going to make a
That's where you're going to make a decision whether you want to buy or sell
decision whether you want to buy or sell the market. It's all going to be based
the market. It's all going to be based off of reading the charts, reading the
off of reading the charts, reading the candlesticks, reading technical
candlesticks, reading technical analysis, price action. It's all the
analysis, price action. It's all the same thing for you to determine if you
same thing for you to determine if you want to buy or sell the market based off
want to buy or sell the market based off of technical analysis, price action, or
of technical analysis, price action, or candlesticks. This is what it's going to
candlesticks. This is what it's going to be. Now, let's say you want to base your
be. Now, let's say you want to base your trade, if you want to buy or sell the
trade, if you want to buy or sell the market off of fundamental analysis. This
market off of fundamental analysis. This is focused on when you read the
is focused on when you read the underlying articles of either a company
underlying articles of either a company that can directly reflect the price of a
that can directly reflect the price of a currency, the underlying writing of a
currency, the underlying writing of a economy on a country, a news event or
economy on a country, a news event or just the economy as a whole of the
just the economy as a whole of the country that directly reflects on the
country that directly reflects on the currency. So fundamental analysis
currency. So fundamental analysis trading is exactly what it is. You are
trading is exactly what it is. You are reading the fundamentals in order for
reading the fundamentals in order for you to determine if you are interested
you to determine if you are interested in entering a buy or entering a sell.
in entering a buy or entering a sell. You're basically going to go out there
You're basically going to go out there and find different articles of a certain
and find different articles of a certain country and see the previous times that
country and see the previous times that articles similar to this reflected the
articles similar to this reflected the price. And then there you're going to
price. And then there you're going to determine if it's a good time to buy or
determine if it's a good time to buy or if a good time to sell. At no point do
if a good time to sell. At no point do you ever go to the actual technical
you ever go to the actual technical charts for you to determine if you want
charts for you to determine if you want to buy or sell the market. That's what
to buy or sell the market. That's what technical trading is for. So fundamental
technical trading is for. So fundamental analysis traders are a bit more on the
analysis traders are a bit more on the higher time frames because they're just
higher time frames because they're just using the overall direction of where the
using the overall direction of where the economy should be going and then they
economy should be going and then they make the decision based off of that. For
make the decision based off of that. For example, if they cut interest rates, the
example, if they cut interest rates, the dollar should get stronger or weaker. Or
dollar should get stronger or weaker. Or if they start printing more money, the
if they start printing more money, the dollar gets stronger or weaker and then
dollar gets stronger or weaker and then they base their trade off of that. Now,
they base their trade off of that. Now, this is a lot more long-term way of
this is a lot more long-term way of trading. But some traders have gotten
trading. But some traders have gotten very creative and they've combined both
very creative and they've combined both of these as a whole. So they will do
of these as a whole. So they will do their main technical analysis off of
their main technical analysis off of price action and then as they're going
price action and then as they're going to go into the trade, they go and check
to go into the trade, they go and check out if there is certain fundamental
out if there is certain fundamental analysis or certain fundamentals coming
analysis or certain fundamentals coming out to see if it can add a certain
out to see if it can add a certain confluence to the trade. For example,
confluence to the trade. For example, let's say we would be using Forex
let's say we would be using Forex Factory as one of these examples. Right
Factory as one of these examples. Right now it's Wednesday, September 17th. And
now it's Wednesday, September 17th. And at the time of us trading today at 2:00
at the time of us trading today at 2:00 in the morning, there was going to be
in the morning, there was going to be well, tomorrow at 2:00 in the morning,
well, tomorrow at 2:00 in the morning, there's going to be GBP news. And let's
there's going to be GBP news. And let's say, for example, that I'm interested in
say, for example, that I'm interested in trading the Great British pound. I can
trading the Great British pound. I can go ahead and look into this news
go ahead and look into this news article. And this is going to have
article. And this is going to have everything is this is basically
everything is this is basically everything that the forecast is going to
everything that the forecast is going to potentially be. These are the other
potentially be. These are the other dates that it's had a very similar news
dates that it's had a very similar news event to this day. This is what they
event to this day. This is what they forecasted. This is what it was
forecasted. This is what it was previously and this is what actually
previously and this is what actually happened. If you notice it was
happened. If you notice it was forecasted to be one point up. It was
forecasted to be one point up. It was actually two points up from the previous
actually two points up from the previous one. I'm sure that had a very minimal
one. I'm sure that had a very minimal impact in the market. If you want to go
impact in the market. If you want to go and verify that you can just go to this
and verify that you can just go to this date on any great British pound market
date on any great British pound market and then you can see if it actually had
and then you can see if it actually had some type of effect. The CPI news
some type of effect. The CPI news sometimes work. So they they sometimes
sometimes work. So they they sometimes do this, sometimes don't. Personally, in
do this, sometimes don't. Personally, in my opinion, from my last four years of
my opinion, from my last four years of really like doubling down and becoming a
really like doubling down and becoming a better trader, I'd say 80% of the time,
better trader, I'd say 80% of the time, the actual fundamentals, follow the
the actual fundamentals, follow the technical analysis. So, whatever you
technical analysis. So, whatever you properly understand with price action,
properly understand with price action, right? Cuz this is the big thing like
right? Cuz this is the big thing like you need to properly know how to read
you need to properly know how to read price action. Now, I'm not saying you
price action. Now, I'm not saying you need to properly have a strategy for you
need to properly have a strategy for you to deter for you to have accuracy with
to deter for you to have accuracy with the news. No, that's that's not what I'm
the news. No, that's that's not what I'm saying. I'm saying if you know how to
saying. I'm saying if you know how to read price action, you can be a scalper,
read price action, you can be a scalper, a day trader, swing trader, you can be
a day trader, swing trader, you can be whatever type of trader, but as long as
whatever type of trader, but as long as you know how to read price action
you know how to read price action correctly, you can determine if
correctly, you can determine if something is bullish or bearish. The
something is bullish or bearish. The news 70% of the time will follow the
news 70% of the time will follow the trend of where the price action
trend of where the price action dictates. That is a simple fact right
dictates. That is a simple fact right now. I'm not saying if you have my
now. I'm not saying if you have my strategy or if you trade with my
strategy or if you trade with my strategy that the fundamentals will
strategy that the fundamentals will follow that strategy. No, no, no. I'm
follow that strategy. No, no, no. I'm not saying that. I'm just saying that
not saying that. I'm just saying that the fundamentals will follow the overall
the fundamentals will follow the overall trend of price action. And some people
trend of price action. And some people wrongfully analyze the trend. So
wrongfully analyze the trend. So fundamentals are just simply news events
fundamentals are just simply news events that come out every single day on each
that come out every single day on each currency. You have some news events like
currency. You have some news events like CPI. You have some new news events like
CPI. You have some new news events like BOC rate, overnight rates, press
BOC rate, overnight rates, press conferences, FOMC, which tends to be one
conferences, FOMC, which tends to be one of the biggest ones. Then we also have
of the biggest ones. Then we also have unemployment. We have NFP, official bank
unemployment. We have NFP, official bank rates. These are all different types of
rates. These are all different types of news events that affect the currency of
news events that affect the currency of that country. So for example, let's say
that country. So for example, let's say that I am interested in taking a trade
that I am interested in taking a trade on USDCHF or let's say US Euro USD for
on USDCHF or let's say US Euro USD for example on Wednesday like okay we do
example on Wednesday like okay we do have minor news events at 3:30 in the
have minor news events at 3:30 in the morning on the euro. H does it make
morning on the euro. H does it make sense to take the trade? Sure. Or you
sense to take the trade? Sure. Or you know what I want to sit on the side
know what I want to sit on the side because I don't know what the president
because I don't know what the president is going to say and it might affect the
is going to say and it might affect the currency very significantly. And let's
currency very significantly. And let's say I'm interested in taking the trade
say I'm interested in taking the trade at on, you know, Euro USD and I don't
at on, you know, Euro USD and I don't find the trade in the morning, in the
find the trade in the morning, in the afternoon. I say, okay, you know what?
afternoon. I say, okay, you know what? I'm going to use these news events in my
I'm going to use these news events in my favor. I'm going to use it to actually
favor. I'm going to use it to actually get out of the trade. Personally, in my
get out of the trade. Personally, in my experience from trading, I tried so hard
experience from trading, I tried so hard to figure this out and try to find a
to figure this out and try to find a potential edge on reading the market.
potential edge on reading the market. And the truth of the matter is that
And the truth of the matter is that there is no real edge. The news are
there is no real edge. The news are going to have their news event flashes
going to have their news event flashes no matter what. There's some events
no matter what. There's some events where they're going to have major moves
where they're going to have major moves to the upside, major moves to the
to the upside, major moves to the downside, and some like it's it just
downside, and some like it's it just it's going to do what it's going to do.
it's going to do what it's going to do. Whenever news events come out, the
Whenever news events come out, the brokers mark up their spreads and their
brokers mark up their spreads and their fees just because that's what goes down
fees just because that's what goes down in those news events. A lot of money
in those news events. A lot of money gets moved because the big banks and the
gets moved because the big banks and the big institutions, they get scared. They
big institutions, they get scared. They don't know if the federal funds rates
don't know if the federal funds rates are going to get cut in their favor or
are going to get cut in their favor or against them. And then based off of
against them. And then based off of that, they're going to move the money
that, they're going to move the money around, which in turn affects the
around, which in turn affects the liquidity that the brokers get, which
liquidity that the brokers get, which then they have to change and modify the
then they have to change and modify the spread. So then they aren't negative on
spread. So then they aren't negative on the business. It's just the news events
the business. It's just the news events are a whole mess, right? And so many
are a whole mess, right? And so many different things get moved around when
different things get moved around when these news events are happening. that is
these news events are happening. that is so much that is out of your control that
so much that is out of your control that in my opinion it just logically makes
in my opinion it just logically makes more sense to just focus on something
more sense to just focus on something that matters something that you can
that matters something that you can actually look at and you can see
actually look at and you can see patterns in the past and that's simply
patterns in the past and that's simply going to be the charts. If a news event
going to be the charts. If a news event comes out and it does this move, so be
comes out and it does this move, so be it. It's not going to be every single
it. It's not going to be every single day or every single week that you're
day or every single week that you're going to have a news event like this go
going to have a news event like this go in your favor or against your trade.
in your favor or against your trade. There's going to be weeks where it's
There's going to be weeks where it's going to be like this, a pretty big
going to be like this, a pretty big wick, and then it's going to go in your
wick, and then it's going to go in your favor or against your favor. It can
favor or against your favor. It can happen once or two times a month. It is
happen once or two times a month. It is what it is. It's part of the process.
what it is. It's part of the process. There's no way that I am going to modify
There's no way that I am going to modify my trading approach simply because of a
my trading approach simply because of a news event that actually has an impact
news event that actually has an impact one or two times a month. The best way
one or two times a month. The best way that I can put the analogies based off
that I can put the analogies based off of my experience and the way that I
of my experience and the way that I trade and how I'm going to teach you
trade and how I'm going to teach you right now is almost like if a real
right now is almost like if a real estate investor would were to be
estate investor would were to be investing into real estate, but
investing into real estate, but occasionally he cannot see certain
occasionally he cannot see certain pieces of real estate and it's just a
pieces of real estate and it's just a big mystery box. Now, as a real estate
big mystery box. Now, as a real estate investor, will you sometimes take the
investor, will you sometimes take the risk and buy this random mystery box?
risk and buy this random mystery box? Sure. But sometimes these mystery boxes
Sure. But sometimes these mystery boxes have good deals. Sometimes they have
have good deals. Sometimes they have terrible deals. But you're not going to
terrible deals. But you're not going to make your whole entire real estate
make your whole entire real estate investment based off of something that
investment based off of something that is blind, something that you can't see.
is blind, something that you can't see. You want to make sure that you can
You want to make sure that you can actually look at the patterns. You can
actually look at the patterns. You can see the same thing over and over again
see the same thing over and over again so you can actually make a strategy
so you can actually make a strategy based off of your approach. Now, is
based off of your approach. Now, is there some times where what's inside of
there some times where what's inside of this mystery box could be a great thing?
this mystery box could be a great thing? Yes. But I don't know about you, but if
Yes. But I don't know about you, but if I were to be a real estate investor, I
I were to be a real estate investor, I want to make sure that I can see my
want to make sure that I can see my property before I buy it. I want to make
property before I buy it. I want to make sure that I can go walk inside of it and
sure that I can go walk inside of it and I can at least have an idea of what I'm
I can at least have an idea of what I'm putting my money into. Now, if I were to
putting my money into. Now, if I were to go ahead and actually buy this real
go ahead and actually buy this real estate property, but one of the rooms
estate property, but one of the rooms inside of them happens to be a mystery
inside of them happens to be a mystery door and I don't know what's inside of
door and I don't know what's inside of that door. It could either be really
that door. It could either be really good or really bad for the property. At
good or really bad for the property. At least I have some type of context that
least I have some type of context that the overall property is good. I have an
the overall property is good. I have an idea that 70% 80% of the investment
idea that 70% 80% of the investment actually makes sense. And then the other
actually makes sense. And then the other percentage just simply is an add-on. If
percentage just simply is an add-on. If it's good, it's okay. And if it's not,
it's good, it's okay. And if it's not, it's still okay because I know that the
it's still okay because I know that the actual core base of the foundation of
actual core base of the foundation of the decision towards that investment was
the decision towards that investment was great. That's exactly what trading with
great. That's exactly what trading with fundamentals is. If you want to go ahead
fundamentals is. If you want to go ahead and take a decision just based off of
and take a decision just based off of the fundamentals, it's almost like a
the fundamentals, it's almost like a mystery box because you never really
mystery box because you never really know how these news events are go like
know how these news events are go like you never know what they're going to say
you never know what they're going to say and then nonetheless how the market is
and then nonetheless how the market is going to react to it. I've had many many
going to react to it. I've had many many times where I have had a lot of analysis
times where I have had a lot of analysis on a fundamentals and I have read it and
on a fundamentals and I have read it and I personally believe that the market was
I personally believe that the market was going to like I would have reacted a
going to like I would have reacted a certain way to those fundamentals but
certain way to those fundamentals but then the market reacted a completely
then the market reacted a completely different way. So, one thing is what I
different way. So, one thing is what I personally would do with that
personally would do with that information. Another thing is what the
information. Another thing is what the market would do. Or the other thing that
market would do. Or the other thing that you can do is potentially have your
you can do is potentially have your whole entire technical analysis, have
whole entire technical analysis, have your price action, and then just have a
your price action, and then just have a piece of it be a bit of a mystery. So,
piece of it be a bit of a mystery. So, like let's say I enter the trade at 1:00
like let's say I enter the trade at 1:00 in the afternoon, for example, and then
in the afternoon, for example, and then the news events are going to come out at
the news events are going to come out at 2. Okay, that can add to my trade or it
2. Okay, that can add to my trade or it can potentially make it worse. But what
can potentially make it worse. But what I guarantee you is that if you're making
I guarantee you is that if you're making a logical trade decision based off of
a logical trade decision based off of price action and you're following the
price action and you're following the strategy and you're actually executing
strategy and you're actually executing the trade with proper price action
the trade with proper price action analysis, the fundamentals the majority
analysis, the fundamentals the majority of the time is going to go in your
of the time is going to go in your favor. And trading the fundamentals
favor. And trading the fundamentals alone is simply going to be a
alone is simply going to be a neverending journey of you attempting to
neverending journey of you attempting to predict what is going to happen next and
predict what is going to happen next and how the market is going to react. Two
how the market is going to react. Two very, very, very big variables that are
very, very, very big variables that are completely out of your control and you
completely out of your control and you cannot see any patterns. And truthfully,
cannot see any patterns. And truthfully, in my opinion, I just think it's a lot
in my opinion, I just think it's a lot easier to actually have a very clear
easier to actually have a very clear vision of the type of investment that
vision of the type of investment that you're making with whatever type of
you're making with whatever type of trade that you're going to be taking. So
trade that you're going to be taking. So fundamental trading to me is just simply
fundamental trading to me is just simply a mystery box. And if you make a logical
a mystery box. And if you make a logical trade analysis decision, this is just
trade analysis decision, this is just simply going to be an added confluence
simply going to be an added confluence to it. But if you want to go ahead and
to it. But if you want to go ahead and dive into a rabbit hole when it comes to
dive into a rabbit hole when it comes to fundamentals, please go to f4
fundamentals, please go to f4 forexfactory.com. They've been around
forexfactory.com. They've been around for tens of years and they give you as
for tens of years and they give you as accurate as it's going to get to the
accurate as it's going to get to the information. They give you what they
information. They give you what they potentially believe it's going to be,
potentially believe it's going to be, what it was previously, and then after
what it was previously, and then after the event actually happens, what it
the event actually happens, what it actually was. But after it happens, it's
actually was. But after it happens, it's no good because the move has already
no good because the move has already happened in the market. You can't
happened in the market. You can't obviously go back into the past to enter
obviously go back into the past to enter your trade. Now, with that being said,
your trade. Now, with that being said, you understand how the fundamentals work
you understand how the fundamentals work and that it's just really a mystery box.
and that it's just really a mystery box. But you're probably asking me, "Okay,
But you're probably asking me, "Okay, Alex, so how does price action work? How
Alex, so how does price action work? How do I actually know if something is
do I actually know if something is bullish or bearish? How can I actually
bullish or bearish? How can I actually read and understand the market? So, I'm
read and understand the market? So, I'm going to be teaching you guys right now
going to be teaching you guys right now how to read the candlesticks, how to
how to read the candlesticks, how to read these patterns, how to identify if
read these patterns, how to identify if something is bullish or bearish, how to
something is bullish or bearish, how to do a proper top down analysis, what is
do a proper top down analysis, what is market structure, just everything when
market structure, just everything when it comes to this market that I'm going
it comes to this market that I'm going to be showing you guys right now. So,
to be showing you guys right now. So, this is where things are going to start
this is where things are going to start getting serious because once I actually
getting serious because once I actually teach you how market structure works,
teach you how market structure works, then I'm going to teach you the strategy
then I'm going to teach you the strategy on how you can actually execute the
on how you can actually execute the trades on this market. So, if there's a
trades on this market. So, if there's a moment to pay attention and to be locked
moment to pay attention and to be locked in and to actually be focused and be
in and to actually be focused and be ready to write down notes is going to be
ready to write down notes is going to be this. If you're driving, if you're at
this. If you're driving, if you're at work, if you're at an social event, if
work, if you're at an social event, if you're anywhere but in your office or
you're anywhere but in your office or wherever it is that you had and focus on
wherever it is that you had and focus on learning, stop this video and come back
learning, stop this video and come back when you're ready. It's just going to
when you're ready. It's just going to make more sense for you to rewatch the
make more sense for you to rewatch the video once you've already understood it
video once you've already understood it properly the first time rather than you
properly the first time rather than you just hearing it in the background and
just hearing it in the background and then you go ahead and hear it again and
then you go ahead and hear it again and then you have to go ahead and hear it
then you have to go ahead and hear it again. It's better if you pay attention
again. It's better if you pay attention the first time so everything connects
the first time so everything connects right from the start and you use your
right from the start and you use your time efficiently while you're learning.
time efficiently while you're learning. You don't want to just be having this in
You don't want to just be having this in the background for no reason, right? So,
the background for no reason, right? So, let's first start off with what is price
let's first start off with what is price action, right? So, price action is
action, right? So, price action is literally what you're looking at right
literally what you're looking at right here. Price action is all of these
here. Price action is all of these candlesticks going up and down. Price
candlesticks going up and down. Price action is these points where the market
action is these points where the market hits, it bounces from, and it bounces up
hits, it bounces from, and it bounces up and down. All of this right here is
and down. All of this right here is price action. Price action is when the
price action. Price action is when the market goes up and down. Now, price
market goes up and down. Now, price action can be reflected either in these
action can be reflected either in these candlestick formats or in the line chart
candlestick formats or in the line chart as you guys already know. Now, price
as you guys already know. Now, price action is what's going to tell you if
action is what's going to tell you if this market is bullish or bearish. So
this market is bullish or bearish. So price action pretty much equals the
price action pretty much equals the chart which equals
chart which equals the history which equals almost the
the history which equals almost the heartbeat or the fight. These are all
heartbeat or the fight. These are all the same exact thing. Price action is
the same exact thing. Price action is everything. Literally the whole entire
everything. Literally the whole entire market is based off of price action.
market is based off of price action. Price action is the candlesticks. It's
Price action is the candlesticks. It's price. It's the trail. It's the history.
price. It's the trail. It's the history. It's just like the market. It's almost
It's just like the market. It's almost like saying like the road for you to get
like saying like the road for you to get to one spot to the next area. Like what
to one spot to the next area. Like what gets you there is the road. What
gets you there is the road. What connects one place to another is the
connects one place to another is the road. The pavement, the concrete, the
road. The pavement, the concrete, the the signs, the the highways, all of that
the signs, the the highways, all of that is just at the end of the day the road.
is just at the end of the day the road. This is exactly what this is. This is
This is exactly what this is. This is the road to the market. This is the
the road to the market. This is the market leaving its trail. Price action
market leaving its trail. Price action is just literally everything. Now, price
is just literally everything. Now, price action can be seen in two different
action can be seen in two different ways. One, the line chart, or two, the
ways. One, the line chart, or two, the candlestick chart. Now, I know we
candlestick chart. Now, I know we already know that we're going to be
already know that we're going to be using both of these with one another.
using both of these with one another. And I'm almost going to teach you
And I'm almost going to teach you something to then go ahead and unteach
something to then go ahead and unteach it to you. Right? So price action is
it to you. Right? So price action is needed
needed to determine if the market
to determine if the market is bullish or bearish. The only way for
is bullish or bearish. The only way for you to understand, and you guys can go
you to understand, and you guys can go ahead and write this down. There's a lot
ahead and write this down. There's a lot of things that I'm going to say that I
of things that I'm going to say that I might not type, but you guys should
might not type, but you guys should definitely be writing it down. Is the
definitely be writing it down. Is the only way for you to determine if price
only way for you to determine if price action or the market or the chart or the
action or the market or the chart or the trend or whatever is bullish or bearish
trend or whatever is bullish or bearish is with the candlestick and the line
is with the candlestick and the line chart is with price action. The only way
chart is with price action. The only way for you to determine if the market is
for you to determine if the market is either in a bearish market or in a
either in a bearish market or in a bullish market is going to be with price
bullish market is going to be with price action. There is no other way that you
action. There is no other way that you can tell if the market is bullish or
can tell if the market is bullish or bearish without price action. The
bearish without price action. The fundamentals will never tell you if the
fundamentals will never tell you if the market is bullish or bearish. The
market is bullish or bearish. The indicators will never tell you if the
indicators will never tell you if the market is bullish or bearish. No
market is bullish or bearish. No crossover, no Ballinger bands, all these
crossover, no Ballinger bands, all these stuff I'm going to teach you later into
stuff I'm going to teach you later into the future. But no indicator, no
the future. But no indicator, no pattern, nothing will ever teach you if
pattern, nothing will ever teach you if something is bullish or bearish like
something is bullish or bearish like price action. Price action is going to
price action. Price action is going to be the end all be all area section where
be the end all be all area section where it's going to tell you if something is
it's going to tell you if something is bullish or bearish. Everything that is
bullish or bearish. Everything that is out there in the market that is added on
out there in the market that is added on top of price action, it's exactly that.
top of price action, it's exactly that. It's an add-on to price action.
It's an add-on to price action. Indicators are an add-on to price
Indicators are an add-on to price action. Tools are an add-on to price
action. Tools are an add-on to price action. Um, any possible EMA is an
action. Um, any possible EMA is an add-on to price action. Any reversal
add-on to price action. Any reversal pattern is an add-on to price action.
pattern is an add-on to price action. Price action is the core. And I'm
Price action is the core. And I'm repeating this because I need you guys
repeating this because I need you guys to really understand and get this
to really understand and get this because once you get this, you get
because once you get this, you get everything. As soon as you understand
everything. As soon as you understand the proper market structure based off of
the proper market structure based off of price action, it is everything. Right?
price action, it is everything. Right? So now that you understand that price
So now that you understand that price action is everything and price action is
action is everything and price action is needed to determine if the market is
needed to determine if the market is bullish or bearish. The market
bullish or bearish. The market determines
determines if it's bullish or bearish based off of
if it's bullish or bearish based off of market structure. So market structure is
market structure. So market structure is what's going to let you know if this
what's going to let you know if this market is actually indeed bullish or if
market is actually indeed bullish or if it's going to be bearish. Market
it's going to be bearish. Market structure is everything. Market
structure is everything. Market structure is every single elbow that you
structure is every single elbow that you see in this market. every single
see in this market. every single triangle, every single reversal point,
triangle, every single reversal point, every single pointy section, every
every single pointy section, every single point where the market had a move
single point where the market had a move to the opposite direction. This is going
to the opposite direction. This is going to be considered market structure. So
to be considered market structure. So this is almost like the red lights. This
this is almost like the red lights. This is almost like the turns in the street
is almost like the turns in the street lights. This these are the curves. These
lights. This these are the curves. These are the entry and exit points of the
are the entry and exit points of the highways. These are all of the stop
highways. These are all of the stop signs. These are all of the turning
signs. These are all of the turning lanes. This is all of the mergings. This
lanes. This is all of the mergings. This is basically every single point that
is basically every single point that connects the road with one road to
connects the road with one road to another from one destination to another.
another from one destination to another. The middle point is just the road. This
The middle point is just the road. This is just the road to get you to this
is just the road to get you to this point right here. Once you are at this
point right here. Once you are at this point right here, this is let's call it
point right here, this is let's call it first street. Now this first street, it
first street. Now this first street, it only has a turn to the left or to the
only has a turn to the left or to the right. And this turn to the right. This
right. And this turn to the right. This is just the full road to then second
is just the full road to then second street and then back up and down. Now,
street and then back up and down. Now, this is the road. This road is just a
this is the road. This road is just a straight road. Straight one shot to get
straight road. Straight one shot to get to this street. Once you get to this
to this street. Once you get to this stop, then you turn to the next stop.
stop, then you turn to the next stop. This is just a road to then the next
This is just a road to then the next stop. Once you get to the next stop,
stop. Once you get to the next stop, then it's just a road to the next stop.
then it's just a road to the next stop. So, every single one of these structure
So, every single one of these structure points, look at it almost like a stop
points, look at it almost like a stop sign. Look at it like a turning light.
sign. Look at it like a turning light. look at it like an entry point to the
look at it like an entry point to the next entry or getting off at the next
next entry or getting off at the next exit. These are literally just points
exit. These are literally just points where the road needs to stop in order
where the road needs to stop in order for you to then be able like let's say
for you to then be able like let's say you want to get from this point over
you want to get from this point over here to this point over here. You can't
here to this point over here. You can't just cross over because there's
just cross over because there's buildings in the way. There's a lake in
buildings in the way. There's a lake in the middle. There's a lot of stuff going
the middle. There's a lot of stuff going on in the middle. In order for you to
on in the middle. In order for you to get to this destination, you first need
get to this destination, you first need to then hit First Street. After you go
to then hit First Street. After you go to then First Street, there's a stop
to then First Street, there's a stop sign and then you need to go back up to
sign and then you need to go back up to then Second Street. And then on Second
then Second Street. And then on Second Street South, then you need to turn back
Street South, then you need to turn back into First Street North. And then on
into First Street North. And then on North Street first, then you actually
North Street first, then you actually make it to then third street. So for you
make it to then third street. So for you to go from this street to this street,
to go from this street to this street, you need to follow the ways of the road.
you need to follow the ways of the road. There's no difference in between that
There's no difference in between that example and then this market structure.
example and then this market structure. this market structure in order for get
this market structure in order for get in order from it to get let's say to
in order from it to get let's say to this point to this point you need to
this point to this point you need to follow the road in order for the market
follow the road in order for the market to get there. Now this is going to be
to get there. Now this is going to be crucial for you to understand how the
crucial for you to understand how the market actually works how to determine
market actually works how to determine if it's bullish or bearish. Now I'm not
if it's bullish or bearish. Now I'm not saying for example right now that the
saying for example right now that the live price needs to in order for it to
live price needs to in order for it to get to down here that it needs to break
get to down here that it needs to break this road and stuff like this. That's
this road and stuff like this. That's not that's not what I'm saying. I'm just
not that's not what I'm saying. I'm just saying in order for you to understand
saying in order for you to understand how the market got from this point to
how the market got from this point to this point, just follow the road and
this point, just follow the road and follow the structure points. The
follow the structure points. The structure points are going to tell you
structure points are going to tell you how it actually made it to that point.
how it actually made it to that point. So the structure points are these points
So the structure points are these points over here once again are going to be
over here once again are going to be these stop signs, these turning signals,
these stop signs, these turning signals, these reversal areas. These are going to
these reversal areas. These are going to be market structure points. So market
be market structure points. So market structure points, just we're just going
structure points, just we're just going to write this down, right? One thing at
to write this down, right? One thing at a time. Market structure points are the
a time. Market structure points are the elbows in the market,
elbows in the market, the turning points in the market. These
the turning points in the market. These market structure points are where it's
market structure points are where it's going to determine
is bullish or bearish. So market structure points are the elbows in the
structure points are the elbows in the market. These are the turning points in
market. These are the turning points in the market and these market structure
the market and these market structure points are going to determine if the
points are going to determine if the market is bullish or bearish. If you
market is bullish or bearish. If you properly read every single one of these
properly read every single one of these elbows, you're going to be able to tell
elbows, you're going to be able to tell if the market is bullish. Right? So, I'm
if the market is bullish. Right? So, I'm going to do a quick quiz on you guys
going to do a quick quiz on you guys right now. Right? And I expect for you
right now. Right? And I expect for you guys to get this wrong. I don't expect
guys to get this wrong. I don't expect for you to get this right. Right? Just
for you to get this right. Right? Just going to do this right here. Is this
going to do this right here. Is this market right here bullish or is it
market right here bullish or is it bearish? So we understand bullish equals
bearish? So we understand bullish equals up, bearish equals down. Right? So the
up, bearish equals down. Right? So the market is heading up when it's bullish.
market is heading up when it's bullish. The market is heading down when it's
The market is heading down when it's bearish. Go ahead, pause this video and
bearish. Go ahead, pause this video and just take a wild guess. Right? Cool. So
just take a wild guess. Right? Cool. So I can almost guarantee you you're wrong.
I can almost guarantee you you're wrong. And even if you're right of the
And even if you're right of the direction whether this market is up or
direction whether this market is up or whether this market is down, you
whether this market is down, you probably don't know exactly why, right?
probably don't know exactly why, right? For example, let's say if I were to give
For example, let's say if I were to give you a very complex equation, right?
you a very complex equation, right? Let's say I already give you this plus
Let's say I already give you this plus this for example, and then I give you
this for example, and then I give you multiplechoice option. Oh, for example,
multiplechoice option. Oh, for example, let's say we didn't know that, but let's
let's say we didn't know that, but let's say I just gave you a multiplechoice
say I just gave you a multiplechoice option and I give you choice number A or
option and I give you choice number A or I give you choice number B, right? You
I give you choice number B, right? You only have two options and you happen to
only have two options and you happen to just click on the right option and
just click on the right option and you're right. Now, that doesn't mean
you're right. Now, that doesn't mean you're right because you know the
you're right because you know the solution or you know the way on how to
solution or you know the way on how to solve the problem. You just happen to
solve the problem. You just happen to pick the right one because it's really
pick the right one because it's really is a 50/50. Like, it's pretty hard to
is a 50/50. Like, it's pretty hard to get it wrong. It really the odds are
get it wrong. It really the odds are split down the middle. So, that doesn't
split down the middle. So, that doesn't mean that you know math. method doesn't
mean that you know math. method doesn't mean that you're good at it or that you
mean that you're good at it or that you should be advancing to the next point.
should be advancing to the next point. That's exactly what this is right here.
That's exactly what this is right here. Just because let's say you pick the
Just because let's say you pick the right one because you know obviously
right one because you know obviously there's only two option like the odds of
there's only two option like the odds of you getting it right or wrong is pretty
you getting it right or wrong is pretty fair. Let's say you do get it right,
fair. Let's say you do get it right, you're probably not getting it right for
you're probably not getting it right for the right reason. And that is the big
the right reason. And that is the big problem with traders. A lot of traders
problem with traders. A lot of traders happen to just guess that the market is
happen to just guess that the market is in the right trend, but they are
in the right trend, but they are actually executing it wrongfully because
actually executing it wrongfully because they don't know where it's bullish or
they don't know where it's bullish or bearish based off of. Now, let me
bearish based off of. Now, let me explain what I mean by that, right? And
explain what I mean by that, right? And and we're going to leave this right here
and we're going to leave this right here and we're going to come back to it and
and we're going to come back to it and I'm going to educate you if and we're
I'm going to educate you if and we're going to find out if you were right or
going to find out if you were right or wrong. So, once again, pause the video,
wrong. So, once again, pause the video, take a screenshot, and just write it
take a screenshot, and just write it down. Bullish or bearish and then where
down. Bullish or bearish and then where why or where do you think it is? And if
why or where do you think it is? And if you don't even know where you identify
you don't even know where you identify this market that it's bullish from, then
this market that it's bullish from, then that even shows even more that you don't
that even shows even more that you don't know anything just yet. But don't worry,
know anything just yet. But don't worry, I'm going to teach you right now. It's
I'm going to teach you right now. It's very easy, right? So, I'm going to
very easy, right? So, I'm going to educate you guys right now on market
educate you guys right now on market structure, which is everything in the
structure, which is everything in the market. Right now, this market is
market. Right now, this market is bullish, right? This is a very clear
bullish, right? This is a very clear bullish market. Now this market is
bullish market. Now this market is bullish because it is consisted of
bullish because it is consisted of higher highs and higher lows or also
higher highs and higher lows or also known as HH or HL. Right? Higher high is
known as HH or HL. Right? Higher high is HH. HL is a higher low. So this right
HH. HL is a higher low. So this right here is the higher high. Right? This is
here is the higher high. Right? This is the highest point in the market. And
the highest point in the market. And this is all based off of market
this is all based off of market structure. So if I double click this
structure. So if I double click this line, I go to text. just going to put
line, I go to text. just going to put hh. So we've identified this as the
hh. So we've identified this as the higher low. Now this right here is now
higher low. Now this right here is now going to be the higher low. So this
going to be the higher low. So this higher low point from this point right
higher low point from this point right here is going to be what took this from
here is going to be what took this from point A to point B. Right here you were
point A to point B. Right here you were at Second Street. You had to turn right,
at Second Street. You had to turn right, make it to First Street. Now, in order
make it to First Street. Now, in order for you to make it to Third Street, from
for you to make it to Third Street, from Second Street, you have to go through
Second Street, you have to go through First Street and then you make it to
First Street and then you make it to Third Street because obviously there was
Third Street because obviously there was some trees here in the middle. There was
some trees here in the middle. There was a lake. There's a big building here. You
a lake. There's a big building here. You can't just go from Second Street
can't just go from Second Street straight to Third Street. You need to go
straight to Third Street. You need to go around the buildings and then you make
around the buildings and then you make it to Third Street. Cool, right? Pretty
it to Third Street. Cool, right? Pretty easy, pretty self-explanatory. Now this
easy, pretty self-explanatory. Now this market is bullish because of this higher
market is bullish because of this higher high and because of this higher low. As
high and because of this higher low. As long as we remain inside of this market
long as we remain inside of this market structure, inside of this higher low and
structure, inside of this higher low and this higher high, this market will
this higher high, this market will remain bullish. This market is bullish
remain bullish. This market is bullish no matter what as long as we are inside
no matter what as long as we are inside of this higher high and this higher low.
of this higher high and this higher low. The simplest way that I can put it is
The simplest way that I can put it is this is going to be third street and
this is going to be third street and this is going to be first street. Right?
this is going to be first street. Right? We understand that. And this middle
We understand that. And this middle point right here is second street.
point right here is second street. Right? Very easy, very self-explanatory.
Right? Very easy, very self-explanatory. As long as we are inside of first street
As long as we are inside of first street and as long as we are inside of third
and as long as we are inside of third street, this market is inside of first
street, this market is inside of first street and it's inside of third street.
street and it's inside of third street. Right? Pretty self-explanatory. It's
Right? Pretty self-explanatory. It's almost like obvious, right? Like, duh,
almost like obvious, right? Like, duh, Alex, no [ __ ] Like, what are you
Alex, no [ __ ] Like, what are you talking about? Well, you'll be surprised
talking about? Well, you'll be surprised because some people would say that right
because some people would say that right now we are on Fifth Street. It's like,
now we are on Fifth Street. It's like, well, brother, how are we on Fifth
well, brother, how are we on Fifth Street if we haven't even broken through
Street if we haven't even broken through First or broken through third street?
First or broken through third street? Now, this doesn't make sense. Don't
Now, this doesn't make sense. Don't worry, it's all going to start clicking
worry, it's all going to start clicking in just a second, right? And I'm not
in just a second, right? And I'm not going to I'm going to try and avoid the
going to I'm going to try and avoid the analogies too much back and forth so it
analogies too much back and forth so it doesn't confuse you guys, but we will
doesn't confuse you guys, but we will double down on them later into the video
double down on them later into the video because it's all going to connect
because it's all going to connect perfectly, right? So, we'll put this in
perfectly, right? So, we'll put this in the back burner for now. But all we know
the back burner for now. But all we know is as long as the market is in between
is as long as the market is in between this higher high and this higher low, we
this higher high and this higher low, we are bullish. This right here could
are bullish. This right here could create a potential retracement into this
create a potential retracement into this area right here. And this is just a
area right here. And this is just a retracement. Now, once we have body
retracement. Now, once we have body candlestick closed above this previous
candlestick closed above this previous higher high, this has now officially
higher high, this has now officially broken above the higher high, meaning we
broken above the higher high, meaning we need to modify our higher high. So, the
need to modify our higher high. So, the rules are very simple. Once we body
rules are very simple. Once we body close above the higher high or the
close above the higher high or the higher low the market has shifted.
higher low the market has shifted. So once I mean with the body don't worry
So once I mean with the body don't worry for right now we we'll come back to that
for right now we we'll come back to that but once we have closed above the higher
but once we have closed above the higher high or the higher low the market has
high or the higher low the market has shifted and you need to modify the
shifted and you need to modify the higher high and the higher low. So once
higher high and the higher low. So once the market has broken above this higher
the market has broken above this higher high, you have now shifted in the market
high, you have now shifted in the market and you need to modify this higher high
and you need to modify this higher high and this higher low. Cool. So where does
and this higher low. Cool. So where does the new higher high go? Where the higher
the new higher high go? Where the higher high goes to the highest high point
high goes to the highest high point which is going to be right here. And
which is going to be right here. And where does the higher low go? Does the
where does the higher low go? Does the higher low change? Yes, the higher low
higher low change? Yes, the higher low changes every single time the higher low
changes every single time the higher low changes. So the higher low is going to
changes. So the higher low is going to go to this point right here. Now this is
go to this point right here. Now this is another side note. If we have a new
another side note. If we have a new higher high, we will always have a new
higher high, we will always have a new higher low. So if this market once again
higher low. So if this market once again it creates this retracement right here
it creates this retracement right here and it creates this break above. If we
and it creates this break above. If we have a new higher high, we will always
have a new higher high, we will always have a new higher low. So if this market
have a new higher low. So if this market has created this new higher high, it's
has created this new higher high, it's very obvious we will always have a new
very obvious we will always have a new higher low. Cool. So the higher low gets
higher low. Cool. So the higher low gets moved to this point right here. Now I
moved to this point right here. Now I like to use to identify the new higher
like to use to identify the new higher low as just the previous structure
low as just the previous structure point. And I'm going to get to all that
point. And I'm going to get to all that in just a second. But as long as this
in just a second. But as long as this market continues to be inside of this
market continues to be inside of this higher high and this higher low, this
higher high and this higher low, this market will remain bullish. Right? So
market will remain bullish. Right? So for example, once we broke out to this
for example, once we broke out to this area, this over here went to then Fourth
area, this over here went to then Fourth Street and this over here was at Second
Street and this over here was at Second Street, right? Pretty self-explanatory.
Street, right? Pretty self-explanatory. We broke above Fourth Street and now we
We broke above Fourth Street and now we are at Fifth Street, right? So this is
are at Fifth Street, right? So this is fifth street and this over here is going
fifth street and this over here is going to then be third street. Right? So we
to then be third street. Right? So we are using one street to get to the other
are using one street to get to the other street. So for now let's remove this one
street. So for now let's remove this one cuz we're already pretty far away from
cuz we're already pretty far away from over here and we don't need to be aware
over here and we don't need to be aware of that. So right now we understand that
of that. So right now we understand that this is fifth street. This is third
this is fifth street. This is third street. And as long as we are in between
street. And as long as we are in between fifth and third street we are in between
fifth and third street we are in between fifth and third street. This right here
fifth and third street. This right here is just Fourth Street right in the
is just Fourth Street right in the middle. Or we're at fifth. Or we're at
middle. Or we're at fifth. Or we're at third. We're at third and a half. We're
third. We're at third and a half. We're at fourth and a half. Fourth and a
at fourth and a half. Fourth and a quarter. But at no points are we ever at
quarter. But at no points are we ever at Sixth Street or Second Street. As long
Sixth Street or Second Street. As long as, once again, as long as we are inside
as, once again, as long as we are inside of this higher high and inside of this
of this higher high and inside of this higher low, we are bullish. Write this
higher low, we are bullish. Write this down as well. As long as we are inside,
down as well. As long as we are inside, we are bullish. Right? Very easy, very
we are bullish. Right? Very easy, very very self-explanatory. Now, once we have
very self-explanatory. Now, once we have body candlestick closed above, what
body candlestick closed above, what happens? Once we have closed above the
happens? Once we have closed above the higher high or the higher low, the
higher high or the higher low, the market has shifted. You need to modify
market has shifted. You need to modify the higher high. Okay, cool. So, this
the higher high. Okay, cool. So, this turns into the new higher high. This
turns into the new higher high. This will then be Sixth Street. And then
will then be Sixth Street. And then where does the higher low go? It goes to
where does the higher low go? It goes to this point right here, which was the
this point right here, which was the last point, which is now Fourth Street.
last point, which is now Fourth Street. Right? Pretty easy, right? We're just
Right? Pretty easy, right? We're just kind of following the market and we
kind of following the market and we understand as long as we are inside of
understand as long as we are inside of the higher high and higher low, we are
the higher high and higher low, we are bullish. If we make a new higher high,
bullish. If we make a new higher high, we will always have a new higher low. We
we will always have a new higher low. We modify the higher low. Very easy. Now,
modify the higher low. Very easy. Now, what if I told you, you see that?
what if I told you, you see that? There's an alarm from a market that I'm
There's an alarm from a market that I'm currently trading right now. And uh
currently trading right now. And uh we're going to do this live here right
we're going to do this live here right now. We're just going to see how my
now. We're just going to see how my market is moving. So, I'm actually in
market is moving. So, I'm actually in this position here in a major loss right
this position here in a major loss right now. So, this is getting super
now. So, this is getting super sidetracked here and we'll go back to
sidetracked here and we'll go back to the market structure in just a second.
the market structure in just a second. But, as I am educating you guys live, I
But, as I am educating you guys live, I am also trading live and this trade is
am also trading live and this trade is into major draw down right now. Not
into major draw down right now. Not looking good. Not looking good. And this
looking good. Not looking good. And this other trade is looking good, but I need
other trade is looking good, but I need to wait for this next candlestick to
to wait for this next candlestick to close in the next 30 minutes. So, I will
close in the next 30 minutes. So, I will wait for that. So, we'll come back to
wait for that. So, we'll come back to the SPX500 now. Little distraction
the SPX500 now. Little distraction there, but it's okay. It's good, right?
there, but it's okay. It's good, right? To show you guys how we're executing
To show you guys how we're executing everything live, right? So, back into
everything live, right? So, back into this area over here, right? Let's just
this area over here, right? Let's just move this a little bit more up. We
move this a little bit more up. We understand that as long as we are inside
understand that as long as we are inside of these structure points, we are going
of these structure points, we are going to be bullish. Now, the moment that this
to be bullish. Now, the moment that this market structure breaks below this
market structure breaks below this higher low, guess what happens? Now,
higher low, guess what happens? Now, this market is no longer bullish. this
this market is no longer bullish. this market is now going to be bearish. So we
market is now going to be bearish. So we went from creating higher highs and
went from creating higher highs and higher lows to now lower highs and lower
higher lows to now lower highs and lower lows. So this market went from being
lows. So this market went from being bullish to now being bearish. So now
bullish to now being bearish. So now that this market has broken below this
that this market has broken below this higher low structure point, it means
higher low structure point, it means that this market is now bearish. So once
that this market is now bearish. So once we break below the higher low structure
we break below the higher low structure point, this market is now bearish. So
point, this market is now bearish. So this goes from actually being bullish
this goes from actually being bullish once it closes below the higher low we
once it closes below the higher low we are now bearish. Now bearish means we
are now bearish. Now bearish means we are selling and a bearish market is
are selling and a bearish market is equivalent to lower low
equivalent to lower low and lower high
and lower high or also known as LL or LH. Now they're
or also known as LL or LH. Now they're both basically exactly the same. A
both basically exactly the same. A higher high is the highest high and a
higher high is the highest high and a higher low is a low that is higher than
higher low is a low that is higher than the previous low. When a market goes
the previous low. When a market goes bearish, we have a lower low. So this
bearish, we have a lower low. So this right here will turn into the lower low.
right here will turn into the lower low. And then the lower high is going to be
And then the lower high is going to be the low. That is the last high, which is
the low. That is the last high, which is going to be this point right here. Now,
going to be this point right here. Now, don't worry if this doesn't click right
don't worry if this doesn't click right away. It's all going to click in just a
away. It's all going to click in just a second. Just give it some time for me to
second. Just give it some time for me to educate you guys into this. Believe me,
educate you guys into this. Believe me, what I am teaching you guys right now
what I am teaching you guys right now took me months to understand. And my
took me months to understand. And my goal is for you to understand in just
goal is for you to understand in just one single video. And I'm going to do
one single video. And I'm going to do that to the best of my ability. How I
that to the best of my ability. How I have been doing this for the last 3
have been doing this for the last 3 years on educating people. So now that
years on educating people. So now that we have a lower low and a lower high,
we have a lower low and a lower high, this market is officially bearish. Now
this market is officially bearish. Now the same exact principle applies right
the same exact principle applies right here. Once we have closed above the
here. Once we have closed above the lower high or the lower low, the market
lower high or the lower low, the market has shifted and you need to modify this
has shifted and you need to modify this into the lower low and the lower high.
into the lower low and the lower high. If we have a new lower low, we will
If we have a new lower low, we will always have a new lower high. As long as
always have a new lower high. As long as we are inside of the lower high, the
we are inside of the lower high, the lower low and the lower high, we are
lower low and the lower high, we are bearish. Once we break below the lower
bearish. Once we break below the lower high, the structure point is now
high, the structure point is now bullish. Very easy. Everything is just
bullish. Very easy. Everything is just changing the letters. So what does it
changing the letters. So what does it mean? Once we have closed below, so this
mean? Once we have closed below, so this is going to be below instead of above.
is going to be below instead of above. Once we have closed below the lower low,
Once we have closed below the lower low, the market has shifted and you need to
the market has shifted and you need to modify the lower low and the lower high.
modify the lower low and the lower high. If we have a new lower low, we will
If we have a new lower low, we will always have a new lower high. All right,
always have a new lower high. All right, we have a new lower low. It's very
we have a new lower low. It's very obvious it's the new lowest low. And
obvious it's the new lowest low. And then where is the lower high? Well, the
then where is the lower high? Well, the lower high is going to be the next lower
lower high is going to be the next lower high. And I'm going to teach you a way
high. And I'm going to teach you a way on how to identify this market structure
on how to identify this market structure point literally seamlessly and it's
point literally seamlessly and it's going to be absolutely perfect in just 1
going to be absolutely perfect in just 1 second. I just want you guys to be able
second. I just want you guys to be able to understand the difference in between
to understand the difference in between lower highs and lower lows, higher highs
lower highs and lower lows, higher highs and higher lows. So, as long as we are
and higher lows. So, as long as we are inside of the lower high and the lower
inside of the lower high and the lower low, we are bearish. Once we break below
low, we are bearish. Once we break below once we break above the lower high
once we break above the lower high structure point this market is now
structure point this market is now bullish. So for right now as long as we
bullish. So for right now as long as we remain inside of this lower high and
remain inside of this lower high and lower low we're going to be bearish. So
lower low we're going to be bearish. So this is now going to be a lower low.
this is now going to be a lower low. This is now going to be a lower high.
This is now going to be a lower high. This market can simply have a smaller
This market can simply have a smaller retracement and then we have a new lower
retracement and then we have a new lower low and then this point right here
low and then this point right here becomes the lower high. Right? The lower
becomes the lower high. Right? The lower high is always going to get moved every
high is always going to get moved every single time we have a new lower low. Now
single time we have a new lower low. Now let's say for whatever reason this
let's say for whatever reason this market decides to now do this. Well once
market decides to now do this. Well once we break above the lower high structure
we break above the lower high structure point this market is now bullish. So
point this market is now bullish. So this market right here goes from being
this market right here goes from being bearish to being bullish. So this market
bearish to being bullish. So this market is now bullish. So this now gets shifted
is now bullish. So this now gets shifted into a higher high and then this
into a higher high and then this structure point over here gets shifted
structure point over here gets shifted into a higher low. And this market once
into a higher low. And this market once again it can have its retracement into
again it can have its retracement into like going like this. And now we have a
like going like this. And now we have a new higher high. If we have a new higher
new higher high. If we have a new higher high, we have a new higher low. If we
high, we have a new higher low. If we have a retracement, we have a new higher
have a retracement, we have a new higher high. And then we have a new higher low.
high. And then we have a new higher low. Right? So this is how the market works.
Right? So this is how the market works. Same exact thing applies if we now do
Same exact thing applies if we now do this. If we break this structure point,
this. If we break this structure point, guess what? We now have a new lower low.
guess what? We now have a new lower low. So this market now goes from being
So this market now goes from being bullish to being bearish. So this goes
bullish to being bearish. So this goes and turns into the lower high and then
and turns into the lower high and then this turns into the lower low, right? As
this turns into the lower low, right? As long as this market remains inside of
long as this market remains inside of this lower high and lower low, we are
this lower high and lower low, we are now bearish, right? We have a new lower
now bearish, right? We have a new lower low and we have a new lower high. Very
low and we have a new lower high. Very easy, very self-explanatory. So this way
easy, very self-explanatory. So this way you can see how the market goes from
you can see how the market goes from being bullish to then being bearish to
being bullish to then being bearish to being back to bullish to now being back
being back to bullish to now being back to bearish. The market is shifting
to bearish. The market is shifting constantly from bullish to now bearish.
constantly from bullish to now bearish. But I want to teach you guys on a trick
But I want to teach you guys on a trick that I like to call the snake trick. And
that I like to call the snake trick. And this snake trick is a trick to identify
this snake trick is a trick to identify the last structure point, which is going
the last structure point, which is going to equal
to equal the higher low or lower high. Alex, what
the higher low or lower high. Alex, what are you talking about, dude? You're
are you talking about, dude? You're talking Chinese to me. I just met you
talking Chinese to me. I just met you right now. I'm already 2 3 hours into
right now. I'm already 2 3 hours into this video and I still don't understand
this video and I still don't understand anything. Don't worry, trust me. This is
anything. Don't worry, trust me. This is all going to start slowly making sense.
all going to start slowly making sense. Right? So, we have something that is
Right? So, we have something that is called the snake trick which is going to
called the snake trick which is going to help you identify the last structure
help you identify the last structure point which is equivalent to the higher
point which is equivalent to the higher low or the lower high. What does that
low or the lower high. What does that even mean? Very easy. Let's say this
even mean? Very easy. Let's say this market is bearish, right? And we have
market is bearish, right? And we have this retracement to this point, right?
this retracement to this point, right? This is this right here considered a
This is this right here considered a lower high? No. We can only have a lower
lower high? No. We can only have a lower high or a lower low once we have a new
high or a lower low once we have a new higher high or lower low. So at this
higher high or lower low. So at this point right here, this market we have
point right here, this market we have yet to create a new lower low. So we
yet to create a new lower low. So we have not created a new lower low in this
have not created a new lower low in this market. So we can only have a new lower
market. So we can only have a new lower high once we have created a new lower
high once we have created a new lower low. So this market right here, this is
low. So this market right here, this is the lower high. This is the lower low.
the lower high. This is the lower low. What is this point right here that is
What is this point right here that is being created into the market? What is
being created into the market? What is this elbow? What is this stop sign? What
this elbow? What is this stop sign? What is this red light? This turning point.
is this red light? This turning point. What is this right here? This is
What is this right here? This is literally just curb in the road. This is
literally just curb in the road. This is literally just a market structure point.
literally just a market structure point. This is literally nothing. three yet.
This is literally nothing. three yet. This is just another point in the
This is just another point in the market, but it's not anything
market, but it's not anything significant because it has not broken
significant because it has not broken above the lower high or below the lower
above the lower high or below the lower low. So, we can only have a lower high
low. So, we can only have a lower high or lower low once we have broken above
or lower low once we have broken above the higher high. And all right, lower
the higher high. And all right, lower high or higher low. Once we have broken
high or higher low. Once we have broken above the higher high or lower low.
above the higher high or lower low. Don't worry, it's all going to start
Don't worry, it's all going to start clicking right now. Let's say this
clicking right now. Let's say this market actually ends up indeed breaking
market actually ends up indeed breaking below. All right, cool. this market
below. All right, cool. this market actually indeed breaks below. Guess
actually indeed breaks below. Guess what? Now we have a new lower low. So
what? Now we have a new lower low. So once we break the new lower low, if we
once we break the new lower low, if we have a new lower low, we will always
have a new lower low, we will always have a new lower high. So if this
have a new lower high. So if this becomes the new lower low, we always
becomes the new lower low, we always have a new lower high. So how do you
have a new lower high. So how do you identify this lower high? Well, you
identify this lower high? Well, you identify this lower high with the snake
identify this lower high with the snake trick. The snake trick is to be able to
trick. The snake trick is to be able to identify the last structure point, which
identify the last structure point, which is either the higher low if bullish or
is either the higher low if bullish or the lower high if bearish. So, we're
the lower high if bearish. So, we're going to get the head of the snake right
going to get the head of the snake right here. And once we get this head of the
here. And once we get this head of the snake, we're going to start moving
snake, we're going to start moving backwards. And this snake moving
backwards. And this snake moving backwards is going to leave a trail,
backwards is going to leave a trail, right? So, we start catching the snake.
right? So, we start catching the snake. I don't know if you guys know, but
I don't know if you guys know, but snakes pretty much just kind of move
snakes pretty much just kind of move like this, right? Snakes don't really
like this, right? Snakes don't really move like this if they're going to
move like this if they're going to actually be moving somewhere. they
actually be moving somewhere. they actually just move straight. They try
actually just move straight. They try and move very seamless. And if they
and move very seamless. And if they actually need to turn, then they will
actually need to turn, then they will turn because there was something in
turn because there was something in their way or something was in the middle
their way or something was in the middle that they had to now go this way. So
that they had to now go this way. So let's say a snake is trying to go from
let's say a snake is trying to go from this point to this point over here. If
this point to this point over here. If there is a log in the middle or if
there is a log in the middle or if there's an object in the middle, the
there's an object in the middle, the snake will simply just go around it and
snake will simply just go around it and then continue going. But this snake is
then continue going. But this snake is leaving a trail that obviously he had to
leaving a trail that obviously he had to go around something in order to get to
go around something in order to get to the destination where he was looking to
the destination where he was looking to go. The snake is leaving a trail of his
go. The snake is leaving a trail of his footprint almost. It's like his trail of
footprint almost. It's like his trail of him leaving the leaves squashed down or
him leaving the leaves squashed down or whatever trails snakes leave. So a snake
whatever trails snakes leave. So a snake in this market structure right here
in this market structure right here which is the snake trick is you're
which is the snake trick is you're following the trail of the market and as
following the trail of the market and as soon as the snake has to turn that is
soon as the snake has to turn that is going to be the lower high. Wherever the
going to be the lower high. Wherever the snake or the body turns that shows that
snake or the body turns that shows that there was something there there was
there was something there there was something in the way and that the market
something in the way and that the market had to go ahead and then turn. So the
had to go ahead and then turn. So the first turn of where the snake actually
first turn of where the snake actually turns that becomes the previous
turns that becomes the previous structure point that becomes the lower
structure point that becomes the lower high. So this is a trick for you to
high. So this is a trick for you to identify the previous structure point.
identify the previous structure point. If you cannot properly understand how to
If you cannot properly understand how to place the lower high or the higher low,
place the lower high or the higher low, we're going to use something that is
we're going to use something that is called the snake trick. So once again,
called the snake trick. So once again, right now we are bearish. This is the
right now we are bearish. This is the lower high. This is the lower low. Let's
lower high. This is the lower low. Let's say that this market breaks above. Let's
say that this market breaks above. Let's say this becomes now bullish, right?
say this becomes now bullish, right? This is now broken above the lower high.
This is now broken above the lower high. Now that we've broken above the lower
Now that we've broken above the lower high, this becomes the new higher high.
high, this becomes the new higher high. So this higher high once you have a new
So this higher high once you have a new higher high you mandatorily need to have
higher high you mandatorily need to have a new higher low. So if we have a new
a new higher low. So if we have a new higher high we will always have a new
higher high we will always have a new higher low. You guys should have this
higher low. You guys should have this written down somewhere. So if we have a
written down somewhere. So if we have a new higher high where is the higher low?
new higher high where is the higher low? Well I get my trusty snake trick and
Well I get my trusty snake trick and what I do is I create the head of the
what I do is I create the head of the snake. And on the head of the snake I
snake. And on the head of the snake I just start following the market back.
just start following the market back. And as soon as the market then turns,
And as soon as the market then turns, that right there shows me that the snake
that right there shows me that the snake turned. There was something in the way.
turned. There was something in the way. Now this becomes the higher low. Very
Now this becomes the higher low. Very easy, very, very self-explanatory,
easy, very, very self-explanatory, right? So this now becomes the higher
right? So this now becomes the higher low. So we can only have a higher low
low. So we can only have a higher low once we have a new higher high. So let's
once we have a new higher high. So let's say, for example, this market does this
say, for example, this market does this retracement right here and then we have
retracement right here and then we have this push to the upside. Once if we have
this push to the upside. Once if we have a new higher high, we will always have a
a new higher high, we will always have a new higher low. Cool. The higher high is
new higher low. Cool. The higher high is always easy to put. But where is the
always easy to put. But where is the higher low? Is it at this point or is it
higher low? Is it at this point or is it at this point? I don't know. Let's bring
at this point? I don't know. Let's bring out our trusty snake trick. And our
out our trusty snake trick. And our trusty snake trick as soon as it first
trusty snake trick as soon as it first turns and it creates the first point.
turns and it creates the first point. Boom. That right there is going to be
Boom. That right there is going to be the perfect higher low. And it's the
the perfect higher low. And it's the exact area where the market turned. So
exact area where the market turned. So now this is going to be the higher low,
now this is going to be the higher low, right? Pretty easy, pretty
right? Pretty easy, pretty self-explanatory. Now let's say that
self-explanatory. Now let's say that this market does this right here. What
this market does this right here. What is this right here in the market? This
is this right here in the market? This right here in the market is technically
right here in the market is technically nothing. This is just simply a structure
nothing. This is just simply a structure point. This has not broken above or
point. This has not broken above or below the higher low. So this is just
below the higher low. So this is just structure. This is just market doing its
structure. This is just market doing its thing. This is just a stock. This is
thing. This is just a stock. This is just a little curb in the road. This is
just a little curb in the road. This is really nothing. Okay. What about this?
really nothing. Okay. What about this? That right there is nothing. The market
That right there is nothing. The market has not body candlestick close. And I'll
has not body candlestick close. And I'll get into the candlesticks in just a
get into the candlesticks in just a second. But the bodies or the the move
second. But the bodies or the the move the price has not closed below the
the price has not closed below the higher low or above the higher high.
higher low or above the higher high. Meaning this market right now at this
Meaning this market right now at this point is still nothing cuz we have not
point is still nothing cuz we have not broken above this line right here or
broken above this line right here or above this line right here. Cool. Cool.
above this line right here. Cool. Cool. Cool. What about that right there?
Cool. What about that right there? Nothing. We have not body candlestick
Nothing. We have not body candlestick below this line. We have not body
below this line. We have not body candlestick closed above this line. What
candlestick closed above this line. What about now? Okay, we have now officially
about now? Okay, we have now officially broken below the higher low. So if we
broken below the higher low. So if we break below the higher low, this market
break below the higher low, this market will then turn bearish. So price will go
will then turn bearish. So price will go to the lowest low. Now if we have a new
to the lowest low. Now if we have a new lower low, we will always have a new
lower low, we will always have a new lower high. We can only have a lower
lower high. We can only have a lower high if we have a new lower low. So how
high if we have a new lower low. So how do we identify that lower high or lower
do we identify that lower high or lower low? Well, we're going to use our trusty
low? Well, we're going to use our trusty snake trick to be able to identify our
snake trick to be able to identify our previous structure point. So, if this
previous structure point. So, if this right here is the new lower low, we're
right here is the new lower low, we're going to get the head of the snake,
going to get the head of the snake, start working our way backwards, and as
start working our way backwards, and as soon as the market has had a turning
soon as the market has had a turning point, boom, this turns into the lower
point, boom, this turns into the lower high. The lower high is the last
high. The lower high is the last structure point where the market had a
structure point where the market had a turning point from. So, this right here
turning point from. So, this right here is going to turn to the lower high. Now
is going to turn to the lower high. Now once again, as long as we are inside of
once again, as long as we are inside of this lower high and lower low, we are
this lower high and lower low, we are going to remain bearish. And I'm going
going to remain bearish. And I'm going to repeat myself a lot cuz what is
to repeat myself a lot cuz what is required here for you to understand this
required here for you to understand this market and for you to understand this
market and for you to understand this new language is just repetition,
new language is just repetition, repetition, and repetition. This going
repetition, and repetition. This going to have a major move like this. Cool.
to have a major move like this. Cool. We've broken below the lower low. So
We've broken below the lower low. So this is now the new lower low. Where is
this is now the new lower low. Where is the lower high? I don't know, but I do
the lower high? I don't know, but I do have my trusty snake trick. So I'm going
have my trusty snake trick. So I'm going to get the head of the snake. We start
to get the head of the snake. We start working our way backwards. Start working
working our way backwards. Start working our way backwards and turn. Now this
our way backwards and turn. Now this right here becomes the lower high.
right here becomes the lower high. Understanding that that is now the lower
Understanding that that is now the lower high. The market could remain inside of
high. The market could remain inside of this lower high and this lower low. And
this lower high and this lower low. And we're going to remain bearish. This
we're going to remain bearish. This market can literally do all the
market can literally do all the structure point that it wants. As long
structure point that it wants. As long as we are inside of this lower high and
as we are inside of this lower high and lower low, we are bearish. Right? Pretty
lower low, we are bearish. Right? Pretty simple, pretty self-explanatory. Now
simple, pretty self-explanatory. Now let's say this market does this. Oh
let's say this market does this. Oh [ __ ] Now what? No problem. No big deal.
[ __ ] Now what? No problem. No big deal. The market has now broken above the
The market has now broken above the lower high. So guess what? We are now
lower high. So guess what? We are now bullish. This becomes the higher high.
bullish. This becomes the higher high. And where is the higher low? Because if
And where is the higher low? Because if we have a new higher high, we will
we have a new higher high, we will always have a new higher low. Okay. So
always have a new higher low. Okay. So if we have a new higher high, where is
if we have a new higher high, where is the higher low? I don't know. Let's
the higher low? I don't know. Let's bring out our trusty snake trick. It's
bring out our trusty snake trick. It's the head of the snake. We start just
the head of the snake. We start just working our way back, working our way
working our way back, working our way back and turning point. This right here
back and turning point. This right here is the higher low. So, our snake trick
is the higher low. So, our snake trick helps us identify where that higher low
helps us identify where that higher low and where that lower high is going to be
and where that lower high is going to be placed into the market. So, we have a
placed into the market. So, we have a clear understanding of where the market
clear understanding of where the market is at this point right now. Now, we use
is at this point right now. Now, we use the line chart that we're using right
the line chart that we're using right now to be able to very clearly identify
now to be able to very clearly identify this structure point. So, right here, we
this structure point. So, right here, we are using the line chart to tell if
are using the line chart to tell if something is bullish or bear. So we know
something is bullish or bear. So we know that this is the higher low and that
that this is the higher low and that this is the higher high. As long as we
this is the higher high. As long as we remain inside of this right here, we are
remain inside of this right here, we are bullish. If we break above once again,
bullish. If we break above once again, this becomes the higher high. This
this becomes the higher high. This becomes the higher low. And from this
becomes the higher low. And from this point right here, we break below. This
point right here, we break below. This becomes the lower low. And then this
becomes the lower low. And then this becomes a lower high. Right? Pretty
becomes a lower high. Right? Pretty self-explanatory. Just repeating the
self-explanatory. Just repeating the same thing in many different types of
same thing in many different types of examples. Right? Cool. Now let's come
examples. Right? Cool. Now let's come back to this example right here. Right?
back to this example right here. Right? Is this market bullish or is this market
Is this market bullish or is this market bearish? Right? Let's find out if you
bearish? Right? Let's find out if you were right about this trade and if you
were right about this trade and if you were right, if you're right about the
were right, if you're right about the correct point, right? Because if you
correct point, right? Because if you have I'm going to write this down as
have I'm going to write this down as another note. If you identify once you
another note. If you identify once you identify the market being bullish or
identify the market being bullish or bearish, you need to place the higher
bearish, you need to place the higher low, higher high, lower low. My computer
low, higher high, lower low. My computer gets a little bit slow. You need to
gets a little bit slow. You need to place the higher high, higher low, lower
place the higher high, higher low, lower low and lower high. Want to identify the
low and lower high. Want to identify the market being bullish or bearish. You
market being bullish or bearish. You could only identify that by being
could only identify that by being bullish or bearish by placing the higher
bullish or bearish by placing the higher high point and the higher low point. If
high point and the higher low point. If not, the market cannot be bullish or
not, the market cannot be bullish or bearish. So for examples purposes, let's
bearish. So for examples purposes, let's begin from over here. Right? This market
begin from over here. Right? This market at this point when we are identifying
at this point when we are identifying this market, let's make this all the way
this market, let's make this all the way to the left. This is the higher high and
to the left. This is the higher high and then this over here is the higher low.
then this over here is the higher low. Right? Do you guys agree this is the
Right? Do you guys agree this is the higher high in this market and that this
higher high in this market and that this is the higher low. Right? Very easy,
is the higher low. Right? Very easy, very self-explanatory. As long as we are
very self-explanatory. As long as we are inside of this higher high and higher
inside of this higher high and higher low, we are bullish. Right? So, we start
low, we are bullish. Right? So, we start moving a little bit more to the right
moving a little bit more to the right and boom, we now body candlestick close
and boom, we now body candlestick close below or we just candlestick close
below or we just candlestick close below. This turns into the lower low.
below. This turns into the lower low. Now, if we have a new lower low, we must
Now, if we have a new lower low, we must have a new lower high. So, where's the
have a new lower high. So, where's the lower high? I don't know. Let's bring
lower high? I don't know. Let's bring out the trusty snake trick. This is the
out the trusty snake trick. This is the head of the snake. We start working our
head of the snake. We start working our way backwards. Boom. We turn it. That
way backwards. Boom. We turn it. That right there is our lower high. Pretty
right there is our lower high. Pretty easy, pretty self-explanatory. Cool. We
easy, pretty self-explanatory. Cool. We keep working our way down. This
keep working our way down. This structure point right here, does that
structure point right here, does that make us bullish or bearish? This point
make us bullish or bearish? This point right here, 1 second. At the time of us
right here, 1 second. At the time of us looking at this market like this, is
looking at this market like this, is that still bullish or bearish? Bearish.
that still bullish or bearish? Bearish. Technically, this market is still
Technically, this market is still bearish. This is still the lower high.
bearish. This is still the lower high. This is still the lower low. We are yet
This is still the lower low. We are yet to break above or below this line,
to break above or below this line, making this market still bearish. Cool.
making this market still bearish. Cool. All right. What about now? We have
All right. What about now? We have officially body candlestick closed below
officially body candlestick closed below this lower high. I mean, excuse me, this
this lower high. I mean, excuse me, this lower low. So, this becomes the new
lower low. So, this becomes the new lower low. Where is the new lower high?
lower low. Where is the new lower high? I don't know. bring out our trusty snake
I don't know. bring out our trusty snake trick. Start working our way backwards.
trick. Start working our way backwards. This is the first turning point. Boom.
This is the first turning point. Boom. That right there is going to be the
That right there is going to be the actual lower high. Beautiful. We now
actual lower high. Beautiful. We now modify our lower high to that structure
modify our lower high to that structure point right there. As long as we remain
point right there. As long as we remain in between this lower high and lower
in between this lower high and lower low, we are going to be bearish. Cool.
low, we are going to be bearish. Cool. This structure point right there, is
This structure point right there, is that a new higher high? Is that a new
that a new higher high? Is that a new higher low? No. That is absolutely
higher low? No. That is absolutely nothing. We have not. This is just
nothing. We have not. This is just another structure point. This has not
another structure point. This has not broken above or below the lower high and
broken above or below the lower high and lower low. It's nothing. What about
lower low. It's nothing. What about this? Is this a new higher high? Is this
this? Is this a new higher high? Is this a new higher low? No, we have not body
a new higher low? No, we have not body candlestick closed above or below the
candlestick closed above or below the lower high and lower low. This market is
lower high and lower low. This market is still bearish, right? So, let's keep
still bearish, right? So, let's keep this going. Keep this going like this.
this going. Keep this going like this. What about that? We got very close. That
What about that? We got very close. That means we have to be bullish, right? Like
means we have to be bullish, right? Like we have to be bullish because it got
we have to be bullish because it got that close to the actual lower high.
that close to the actual lower high. Like it's it's got to be bullish. No. If
Like it's it's got to be bullish. No. If we have not body candlestick closed
we have not body candlestick closed above, if we have not structured closed
above, if we have not structured closed above or below, we are still bearish.
above or below, we are still bearish. What about now? That's like three
What about now? That's like three touches. It has to be it's almost there.
touches. It has to be it's almost there. Like come on. Like just count it. [ __ ]
Like come on. Like just count it. [ __ ] it. [ __ ] it. No. If we have not body
it. [ __ ] it. No. If we have not body closed above or below, we are not
closed above or below, we are not shifting structure. Very simple. What
shifting structure. Very simple. What about here? Exact same thing. We have
about here? Exact same thing. We have absolutely nothing. This market
absolutely nothing. This market structure is currently still below this
structure is currently still below this right here. So, we are still bearish. We
right here. So, we are still bearish. We keep it going. And guess what? If you
keep it going. And guess what? If you called this market bullish, you were
called this market bullish, you were wrong. And if you called this market
wrong. And if you called this market bearish, you were probably also wrong
bearish, you were probably also wrong because you did not know from where this
because you did not know from where this market structure was bearish. And this
market structure was bearish. And this is the problem with 99% of traders. They
is the problem with 99% of traders. They cannot identify if something is properly
cannot identify if something is properly bullish or bearish depending on the
bullish or bearish depending on the market structure. They just simply don't
market structure. They just simply don't know how to read market structure. That
know how to read market structure. That is a simple fact. they are uneducated or
is a simple fact. they are uneducated or they just don't care to get educated and
they just don't care to get educated and they don't know how to read market
they don't know how to read market structure. It is very simple. You can
structure. It is very simple. You can see a market that is trending like this,
see a market that is trending like this, right? For example, and then you would
right? For example, and then you would probably think that this market is
probably think that this market is bullish, right? Let's say right now,
bullish, right? Let's say right now, take take a pause. Bullish or bearish.
take take a pause. Bullish or bearish. Go ahead. Okay, it's bullish. Where's
Go ahead. Okay, it's bullish. Where's the higher high and where's the higher
the higher high and where's the higher low? A rookie trader or somebody that
low? A rookie trader or somebody that thinks that they know how to trade like,
thinks that they know how to trade like, "Yeah, that's the highest high and and
"Yeah, that's the highest high and and then yeah, this is the higher low over
then yeah, this is the higher low over here." Buddy, you realize how many times
here." Buddy, you realize how many times this market has like you do you see how
this market has like you do you see how many other structure points? It's like
many other structure points? It's like saying it's like if you're calling this
saying it's like if you're calling this right here sixth street and you're
right here sixth street and you're calling this right here fifth street.
calling this right here fifth street. Are you seeing how many times in between
Are you seeing how many times in between here? We have gone through so many
here? We have gone through so many different streets in order to get to
different streets in order to get to this right here. This is not even sixth
this right here. This is not even sixth street. This is like 10th street. People
street. This is like 10th street. People are just confusing it because they don't
are just confusing it because they don't know how to read market structure
know how to read market structure correctly. People are just confusing the
correctly. People are just confusing the roads because they don't know how to
roads because they don't know how to read the signs. They don't know their
read the signs. They don't know their streets. It's why people use GPS's
streets. It's why people use GPS's everywhere they go because they don't
everywhere they go because they don't know the roads. This right here, people
know the roads. This right here, people don't know how to read market structure,
don't know how to read market structure, but there's no GPS's to read market
but there's no GPS's to read market structure. So, they get these [ __ ]
structure. So, they get these [ __ ] indicators for them to actually read
indicators for them to actually read market structure thinking that that's
market structure thinking that that's the hack or the way to do it. This
the hack or the way to do it. This market right here, what if I told you is
market right here, what if I told you is actually bearish. And it's bearish based
actually bearish. And it's bearish based off of something extremely obvious,
off of something extremely obvious, right? So, we'll just do it one more
right? So, we'll just do it one more time, right? We have this right here. B
time, right? We have this right here. B for example, this is the higher high.
for example, this is the higher high. This is the higher low. As long as we
This is the higher low. As long as we remain inside of these two structure
remain inside of these two structure points, we are bullish. Boom. We have
points, we are bullish. Boom. We have body candlestick closed above. This
body candlestick closed above. This turnins into the higher high. We get our
turnins into the higher high. We get our trusty snake trick. Start working our
trusty snake trick. Start working our way back. This is the turning point.
way back. This is the turning point. This is the higher low. Let's continue
This is the higher low. Let's continue going in this markets. We are still
going in this markets. We are still bullish because this market is yet to
bullish because this market is yet to break above or below this structure
break above or below this structure point. So, this right here is absolutely
point. So, this right here is absolutely nothing. We are still very much bullish.
nothing. We are still very much bullish. Okay, we continue to go. What about this
Okay, we continue to go. What about this point right here? Same exact thing. This
point right here? Same exact thing. This is still between the higher high and
is still between the higher high and between the higher low. So, we are still
between the higher low. So, we are still bullish. What about now? Still bullish.
bullish. What about now? Still bullish. This is still the higher high. This is
This is still the higher high. This is still the higher low. We have not body
still the higher low. We have not body candlestick closed above or below. What
candlestick closed above or below. What about now? We body candlestick closed
about now? We body candlestick closed above. Cool. That becomes now the higher
above. Cool. That becomes now the higher high. Where is the higher low? I don't
high. Where is the higher low? I don't know. All I know is if I bring out my
know. All I know is if I bring out my trusty snake trick, I start working my
trusty snake trick, I start working my my way backwards. The first turning
my way backwards. The first turning point that is now going to be the higher
point that is now going to be the higher low. That right there is going to now be
low. That right there is going to now be moved to my higher low. So this will be
moved to my higher low. So this will be my higher low at this point right here.
my higher low at this point right here. We keep moving to the right and then we
We keep moving to the right and then we have boom a little bit of a break above.
have boom a little bit of a break above. This is officially broken above the
This is officially broken above the higher high. That's the new higher high.
higher high. That's the new higher high. Where's the higher low? I don't know.
Where's the higher low? I don't know. This is the head of the snake. We then
This is the head of the snake. We then turn then this is officially going to be
turn then this is officially going to be the higher low structure point in this
the higher low structure point in this market. We turn this into the higher low
market. We turn this into the higher low and if we continue going to this market
and if we continue going to this market we body candlestick or structure point
we body candlestick or structure point close below that small break right there
close below that small break right there counts. Yes indeed this turns into the
counts. Yes indeed this turns into the lower low. Where is the lower high? I
lower low. Where is the lower high? I don't know. I get the head of the snake.
don't know. I get the head of the snake. I then start working my way backwards.
I then start working my way backwards. First turn that is going to be the lower
First turn that is going to be the lower high point at this point. right here. So
high point at this point. right here. So now this market is bearish because that
now this market is bearish because that is the lower high and that is the lower
is the lower high and that is the lower low. This right here has not body
low. This right here has not body candlestick closed above this point. So
candlestick closed above this point. So now we are still technically bearish.
now we are still technically bearish. That right there is what 99% of traders
That right there is what 99% of traders cannot do correctly. And I wish I could
cannot do correctly. And I wish I could just educate people on just that. I
just educate people on just that. I don't want to teach everybody my
don't want to teach everybody my strategy. I don't want everybody to have
strategy. I don't want everybody to have my strategy. I really don't. I could
my strategy. I really don't. I could give a [ __ ] I just want people to learn
give a [ __ ] I just want people to learn how to read the market. I feel as if
how to read the market. I feel as if people were just to be able to
people were just to be able to understand if the market is bullish or
understand if the market is bullish or bearish in the first hand, then they
bearish in the first hand, then they would be able to actually be able to
would be able to actually be able to make a logical trade decision because
make a logical trade decision because right here, let's say you don't know how
right here, let's say you don't know how to identify if this market is bullish or
to identify if this market is bullish or bearish. You would see this market
bearish. You would see this market heading up. You're like, "Yep, buy."
heading up. You're like, "Yep, buy." You're actually buying at the worst
You're actually buying at the worst point because this market has just
point because this market has just shifted bearish. This is having the
shifted bearish. This is having the retracements to then literally create
retracements to then literally create the perfect lower low leg to the
the perfect lower low leg to the downside. This has hit the top of a
downside. This has hit the top of a trend. We've had a reversal pattern
trend. We've had a reversal pattern right here. This is the left head, right
right here. This is the left head, right shoulder of this market. It's creating
shoulder of this market. It's creating the perfect reversal pattern, retesting
the perfect reversal pattern, retesting the neckline, and then we're selling.
the neckline, and then we're selling. But you can't even tell the difference
But you can't even tell the difference in between if it's bullish or bearish.
in between if it's bullish or bearish. And that's why you're losing. You're not
And that's why you're losing. You're not losing because you don't have a
losing because you don't have a strategy. You're just losing because you
strategy. You're just losing because you don't know how to read the market. Not
don't know how to read the market. Not knowing how to read the market. Not
knowing how to read the market. Not having a strategy is already bad. But
having a strategy is already bad. But not knowing how to read the market and
not knowing how to read the market and not having a strategy. It's just a
not having a strategy. It's just a combination for the worst possible
combination for the worst possible outcome ever. That's what I want to
outcome ever. That's what I want to educate people on first. It's like learn
educate people on first. It's like learn how to read the market. And then you can
how to read the market. And then you can think about how you can actually execute
think about how you can actually execute a strategy. Learn on how to read the
a strategy. Learn on how to read the streets. Learn how to read the stop
streets. Learn how to read the stop sign, the red lights, the green lights,
sign, the red lights, the green lights, the turning signals, the highways. Then
the turning signals, the highways. Then you can think about speeding and getting
you can think about speeding and getting to places fast. But you can't speed and
to places fast. But you can't speed and drift and and and and haul ass to places
drift and and and and haul ass to places if you don't know where you're going and
if you don't know where you're going and you don't know the roads. You cannot
you don't know the roads. You cannot ident you can't buy or sell a market if
ident you can't buy or sell a market if you don't know the difference between if
you don't know the difference between if it's going up or if it's going down.
it's going up or if it's going down. This right here is going to be the core
This right here is going to be the core foundation of everything else that I
foundation of everything else that I want to teach you. So I really really
want to teach you. So I really really really really
really really want to break this down to the tea and
want to break this down to the tea and get you guys to understand everything to
get you guys to understand everything to perfection because once you understand
perfection because once you understand this you get everything else right. So,
this you get everything else right. So, what I've just taught you right now is
what I've just taught you right now is how to identify if something is bullish
how to identify if something is bullish or if something is bearish based off of
or if something is bearish based off of the line chart. Right now, let's say
the line chart. Right now, let's say right now I'm going to grab this market
right now I'm going to grab this market right here. Right? So, for example,
right here. Right? So, for example, we're going to go to the most recent
we're going to go to the most recent price. Right? This is S&P 500 right now
price. Right? This is S&P 500 right now in the live market. Right? So, we're
in the live market. Right? So, we're going to switch from the candlestick
going to switch from the candlestick chart to then the line chart. Now, if
chart to then the line chart. Now, if you were to go ahead and tell me if this
you were to go ahead and tell me if this market right here is bullish or is this
market right here is bullish or is this market bearish, it would almost be
market bearish, it would almost be extremely obvious, right? Because based
extremely obvious, right? Because based off of everything that I have pretty
off of everything that I have pretty much just showed you, you would be able
much just showed you, you would be able to identify that this market is
to identify that this market is obviously bullish, right? You can tell
obviously bullish, right? You can tell that this market right here, this is
that this market right here, this is going to be the highest high and that
going to be the highest high and that the higher low is going to be at this
the higher low is going to be at this point right here. Right? You can tell
point right here. Right? You can tell that this market is bullish. You can
that this market is bullish. You can tell that this market, if we were
tell that this market, if we were looking at it from over here, for
looking at it from over here, for example, you can tell that this was the
example, you can tell that this was the higher high. This was the higher low. If
higher high. This was the higher low. If we body candlestick closed above this
we body candlestick closed above this line right here, this becomes the higher
line right here, this becomes the higher high. Where is the higher low? You get
high. Where is the higher low? You get the head of the snake. And then this
the head of the snake. And then this head of the snake, you start working it
head of the snake, you start working it backwards. And then at the turning
backwards. And then at the turning point, that is going to be the higher
point, that is going to be the higher low. All right, very easy. I've taught
low. All right, very easy. I've taught you all this up to this point. Right?
you all this up to this point. Right? Now you know that this is going to be
Now you know that this is going to be the higher low from this point right
the higher low from this point right here. Cool. You know if we body
here. Cool. You know if we body candlestick close below it, we'll go
candlestick close below it, we'll go bearish. So this then becomes the lower
bearish. So this then becomes the lower low and then this right here becomes
low and then this right here becomes then the lower high. You know if we body
then the lower high. You know if we body candlestick above this, we then go
candlestick above this, we then go bullish. Oh, that right there did not
bullish. Oh, that right there did not body can well we'd have to go check if
body can well we'd have to go check if the bodies did and I'll explain that in
the bodies did and I'll explain that in just a second. But based off of the
just a second. But based off of the market structure, guess what? We did not
market structure, guess what? We did not break above that point. So we still
break above that point. So we still remained bearish. We continue to go and
remained bearish. We continue to go and then now we have officially broken above
then now we have officially broken above this structure point over here. So this
this structure point over here. So this became the higher high and then where
became the higher high and then where was the higher low? I don't know. I get
was the higher low? I don't know. I get my trusty snake trick, start working my
my trusty snake trick, start working my way down and boom, this is a significant
way down and boom, this is a significant point where the market actually
point where the market actually reversed. So then this right here is
reversed. So then this right here is actually going to become the higher low.
actually going to become the higher low. We break above and then we have higher
We break above and then we have higher high and higher low. Very clean, very
high and higher low. Very clean, very obvious, very straight to the point.
obvious, very straight to the point. This right here is a very very very
This right here is a very very very obvious market determining whether it's
obvious market determining whether it's bullish or if this market is bearish.
bullish or if this market is bearish. Wow. I have just hit stop loss on my
Wow. I have just hit stop loss on my trade. I just uh I'm looking at it here
trade. I just uh I'm looking at it here right now live. Great. I just hit stop
right now live. Great. I just hit stop loss. Let me make sure. One second. Uh
loss. Let me make sure. One second. Uh yep. I just hit stop loss. I lost right
yep. I just hit stop loss. I lost right now $153,000.
now $153,000. Could have definitely been worse. Could
Could have definitely been worse. Could have definitely been worse. I just took
have definitely been worse. I just took a trade that simply made absolutely no
a trade that simply made absolutely no sense. And this trade right here that I
sense. And this trade right here that I was saying I was going to wait for the
was saying I was going to wait for the candlestick to close. Guess what
candlestick to close. Guess what happened? That's what happened. So, you
happened? That's what happened. So, you guys have seen this happen in real time.
guys have seen this happen in real time. The market moves very fast and you know,
The market moves very fast and you know, I'm focused on educating you guys right
I'm focused on educating you guys right now. It is what it is. I missed out on
now. It is what it is. I missed out on this trade, but just perfect example of
this trade, but just perfect example of the market moving to perfection right
the market moving to perfection right here. So, this right here, hit my stop
here. So, this right here, hit my stop loss. I took this trade against the
loss. I took this trade against the trend. And then I'll explain all this to
trend. And then I'll explain all this to you guys later. This trade, I would have
you guys later. This trade, I would have taken this loss. And this trade, I
taken this loss. And this trade, I missed out on this win. It is what it
missed out on this win. It is what it is. It is part of the game. But for
is. It is part of the game. But for example, if we were to go ahead and go
example, if we were to go ahead and go to a different market, for example,
to a different market, for example, let's say we were And by by the way, ju
let's say we were And by by the way, ju just to show you guys, I'm not lying. So
just to show you guys, I'm not lying. So GBPC uh USDCHF, this market right here,
GBPC uh USDCHF, this market right here, let me go back over here. I literally
let me go back over here. I literally just took this loss right now. took this
just took this loss right now. took this loss right now for $153,000.
loss right now for $153,000. So you guys can see it right there for
So you guys can see it right there for yourselves. $153,000.
yourselves. $153,000. Now, I should have not taken the trade
Now, I should have not taken the trade in the first place. It was a very
in the first place. It was a very high-risisk trade. But, you know, I
high-risisk trade. But, you know, I personally accepted it and I even
personally accepted it and I even recorded me taking that trade live and
recorded me taking that trade live and I'll put the channel my other channel
I'll put the channel my other channel probably somewhere in the link below
probably somewhere in the link below where I break these trades down live and
where I break these trades down live and why I'm interested in taking it, so on
why I'm interested in taking it, so on and so forth. But yeah, this just
and so forth. But yeah, this just happens to be a very degenerate trade,
happens to be a very degenerate trade, right? So, for example, let's say we're
right? So, for example, let's say we're looking at this market right here and
looking at this market right here and we're looking at it based off of the
we're looking at it based off of the line chart. The exact same trade that I
line chart. The exact same trade that I have taken. What can you tell based off
have taken. What can you tell based off of this market right here? Well, you can
of this market right here? Well, you can obviously tell that this market is
obviously tell that this market is bearish, right? This market at one
bearish, right? This market at one point, this was the lower high over
point, this was the lower high over here. This market was this was the lower
here. This market was this was the lower low. We broke below. So, this makes this
low. We broke below. So, this makes this the new lower low. And then if we were
the new lower low. And then if we were to do our trusty snake trick, this would
to do our trusty snake trick, this would be the head of our snake. And if we
be the head of our snake. And if we start working our way backwards, this
start working our way backwards, this would be the first turning point right
would be the first turning point right here. This would be the lower high. So
here. This would be the lower high. So this market would have gone from bearish
this market would have gone from bearish to then bearish, right? This would be
to then bearish, right? This would be the new lower low. This would then be
the new lower low. This would then be the new lower high at this structure
the new lower high at this structure point, right? So we can tell that this
point, right? So we can tell that this would be bearish on this time frame. If
would be bearish on this time frame. If we go down to the 4our, on the 4 hour,
we go down to the 4our, on the 4 hour, we can tell pretty much the same thing
we can tell pretty much the same thing that this is the lower low. And if we
that this is the lower low. And if we start doing the little trusty move for
start doing the little trusty move for me personally, if I were to be a snake,
me personally, if I were to be a snake, this right here is just another little
this right here is just another little bump on the road. This is just a little
bump on the road. This is just a little bump in the road. But this right here is
bump in the road. But this right here is a very significant turn. There was
a very significant turn. There was probably something very sharp, very
probably something very sharp, very important there. So I would put the
important there. So I would put the lower high at that structure point right
lower high at that structure point right there. You always want to place your
there. You always want to place your lower high and your lower low at the
lower high and your lower low at the points where there's a significant move
points where there's a significant move just like this one. something that is
just like this one. something that is very obvious that the market had a
very obvious that the market had a reaction from from like this from this
reaction from from like this from this to this to this to this to this. These
to this to this to this to this. These smaller points right here aren't really
smaller points right here aren't really as significant as structure points for
as significant as structure points for me. Neither are these very small ones.
me. Neither are these very small ones. It needs to be a very sharp clean
It needs to be a very sharp clean turning point. That is what's going to
turning point. That is what's going to be considered a valid structure point.
be considered a valid structure point. Now we for now we're going to be using
Now we for now we're going to be using the line chart to identify these very
the line chart to identify these very sharp structure points. But we are going
sharp structure points. But we are going to be moving to the candlesticks soon.
to be moving to the candlesticks soon. Now moving on to the next subject which
Now moving on to the next subject which is the actual candlestick trading. It is
is the actual candlestick trading. It is actually very easy right because a lot
actually very easy right because a lot of traders sometimes they get confused
of traders sometimes they get confused and what they end up doing is that they
and what they end up doing is that they pretty much come here into the market
pretty much come here into the market and they'll be confused if this is a
and they'll be confused if this is a higher low if this is a higher high this
higher low if this is a higher high this is a higher low if this is a higher
is a higher low if this is a higher high. And what if I told you that it's
high. And what if I told you that it's just extremely easy for you to be able
just extremely easy for you to be able to identify if something is bullish or
to identify if something is bullish or bearish. just go to the line chart back
bearish. just go to the line chart back into exactly what I was just educating
into exactly what I was just educating you guys on and just do the exact same
you guys on and just do the exact same thing that I was showing you right now
thing that I was showing you right now to this point. Let's say we start
to this point. Let's say we start breaking it down from this point right
breaking it down from this point right here for example, right? We're going to
here for example, right? We're going to use the bar replay and we're going to go
use the bar replay and we're going to go back this market right here. Why would
back this market right here. Why would you get lost in identifying if all this
you get lost in identifying if all this over here is bullish or bearish when you
over here is bullish or bearish when you can really just work from this structure
can really just work from this structure point right here? You can tell that this
point right here? You can tell that this structure point right here is obviously
structure point right here is obviously the highest high in this market. So,
the highest high in this market. So, we're going to count this as what it is,
we're going to count this as what it is, the highest high. Now, if we were get to
the highest high. Now, if we were get to get the head of our snake trick and we
get the head of our snake trick and we start working our way down, working our
start working our way down, working our way down. Boom. This market has indeed
way down. Boom. This market has indeed reversed from this point. Right now,
reversed from this point. Right now, this is the first turn. So, then this
this is the first turn. So, then this will turn into the higher high and then
will turn into the higher high and then this will turn into the higher low. Now,
this will turn into the higher low. Now, this market turning into the higher low
this market turning into the higher low confirms that as long as we are inside
confirms that as long as we are inside of this higher high and higher low, this
of this higher high and higher low, this market will remain bullish. Pretty easy,
market will remain bullish. Pretty easy, pretty self-explanatory. All we have to
pretty self-explanatory. All we have to do now is go back to the candlestick
do now is go back to the candlestick chart. And would you look at that? We
chart. And would you look at that? We have our higher low placed perfectly at
have our higher low placed perfectly at our higher low and placed perfectly at
our higher low and placed perfectly at this higher high. All we really have to
this higher high. All we really have to do here is just adjust it slightly and
do here is just adjust it slightly and put it to the bodies of the
put it to the bodies of the candlesticks. When it comes to
candlesticks. When it comes to identifying market structure on the
identifying market structure on the actual candlestick chart, it really is
actual candlestick chart, it really is no different than the line chart. You
no different than the line chart. You just want to make sure that you are
just want to make sure that you are doing it based off of the bodies of the
doing it based off of the bodies of the candlesticks. Do not take the wicks into
candlesticks. Do not take the wicks into account. Remember, the wicks are the
account. Remember, the wicks are the trail of where the market has been, but
trail of where the market has been, but it's not the actual structure of where
it's not the actual structure of where the market has been. You want to make
the market has been. You want to make sure you are going based off of
sure you are going based off of structure. So, a little bit of a of a
structure. So, a little bit of a of a hack if you would in order for you to
hack if you would in order for you to have a bit more clarity on this if it's
have a bit more clarity on this if it's your first time identifying market
your first time identifying market structure. It's better if you do it with
structure. It's better if you do it with the actual candlesticks and not the
the actual candlesticks and not the wicks. So, double click on the charts
wicks. So, double click on the charts and once you double click on the charts,
and once you double click on the charts, go to style. Make sure you have all of
go to style. Make sure you have all of these un unchecked. And then make sure
these un unchecked. And then make sure you go to the no gap candlesticks. Go to
you go to the no gap candlesticks. Go to the settings of the no gap candlesticks.
the settings of the no gap candlesticks. And then on the wicks, just put them to
And then on the wicks, just put them to the color of your background. and my
the color of your background. and my background is white. And if you notice,
background is white. And if you notice, if I were to do that, I no longer have
if I were to do that, I no longer have wicks. I'm only looking at the market
wicks. I'm only looking at the market structure for what it is, the market
structure for what it is, the market structure. I'm looking for it based off
structure. I'm looking for it based off of every single elbow point. So, if I'm
of every single elbow point. So, if I'm basing the structure, it's very easy for
basing the structure, it's very easy for me to play structure structure
me to play structure structure throughout all of here. It's very easy
throughout all of here. It's very easy for me to identify this structure
for me to identify this structure exactly how the line chart would do it.
exactly how the line chart would do it. So, I want to first practice on the line
So, I want to first practice on the line chart. So, first I can identify all of
chart. So, first I can identify all of these structure points here as clear as
these structure points here as clear as I can. And then after I identify all
I can. And then after I identify all these structure points, I then want to
these structure points, I then want to be able to just go ahead and do it on
be able to just go ahead and do it on the candlestick chart for my own without
the candlestick chart for my own without actually using the line chart. So here
actually using the line chart. So here for example, we have this as the higher
for example, we have this as the higher high. We have this as the higher low. As
high. We have this as the higher low. As long as we are in between, we are still
long as we are in between, we are still bullish. Now what has happened here? We
bullish. Now what has happened here? We have now body candlestick closed above.
have now body candlestick closed above. That is now the confirmed higher high.
That is now the confirmed higher high. Where is the confirmed higher low? I
Where is the confirmed higher low? I don't know. We place the head of the
don't know. We place the head of the snake. We start coming backwards and
snake. We start coming backwards and boom, we turn. That right there is
boom, we turn. That right there is indeed going to be the higher low. We
indeed going to be the higher low. We just get the higher low. We move it up.
just get the higher low. We move it up. And as of right now, that's the higher
And as of right now, that's the higher high. The higher high can obviously
high. The higher high can obviously move. So this higher high, if it
move. So this higher high, if it continue to move a little bit more up,
continue to move a little bit more up, then that's the higher high. What gives
then that's the higher high. What gives us the indication that that high push is
us the indication that that high push is done is once we actually start to have
done is once we actually start to have some type of retracement, a candlestick
some type of retracement, a candlestick like this that starts to have a
like this that starts to have a pullback. That pullback is what creates
pullback. That pullback is what creates that elbow. It's what creates that
that elbow. It's what creates that structure point, which creates that stop
structure point, which creates that stop sign, that turning point. This
sign, that turning point. This candlestick is what leads us to
candlestick is what leads us to understand that this push has somewhat
understand that this push has somewhat stopped and now this can potentially
stopped and now this can potentially start coming back into a pullback.
start coming back into a pullback. whether it's going to continue going to
whether it's going to continue going to the upside or go bearish. But this
the upside or go bearish. But this candlestick confirms that that body
candlestick confirms that that body structure right there is indeed the
structure right there is indeed the higher high. And obviously a
higher high. And obviously a continuation push after that would just
continuation push after that would just confirm that. So as of right now, we
confirm that. So as of right now, we know that this is the higher low to this
know that this is the higher low to this structure point. And we know that this
structure point. And we know that this is the higher high. This market is very
is the higher high. This market is very much bullish. If we go back out to the
much bullish. If we go back out to the line chart for just some verification,
line chart for just some verification, we can tell that this is the higher low
we can tell that this is the higher low and that's the higher high. very clean,
and that's the higher high. very clean, very obvious. There's no if ends or
very obvious. There's no if ends or buts, right? As long as we are above
buts, right? As long as we are above this higher low, we are bullish. Now,
this higher low, we are bullish. Now, let's say something like that would
let's say something like that would happen. Something like that is now
happen. Something like that is now confirming that we have body candlestick
confirming that we have body candlestick closed below the higher low and now we
closed below the higher low and now we are bearish. So, as soon as this
are bearish. So, as soon as this singular candlestick right here, body
singular candlestick right here, body candlestick closed below this structure
candlestick closed below this structure point, we are bearish. So, I know I I
point, we are bearish. So, I know I I kind of sneaked it in there and I said
kind of sneaked it in there and I said it a lot throughout the whole entire
it a lot throughout the whole entire part of us speaking about market
part of us speaking about market structure, but this market could have
structure, but this market could have been creating a wick. This market could
been creating a wick. This market could have wicked into this side. And let's
have wicked into this side. And let's say for example, right now we are on the
say for example, right now we are on the 4hour time frame, right? It's the 4hour
4hour time frame, right? It's the 4hour time frame. There's still 2 hours left
time frame. There's still 2 hours left in this candlestick. And this
in this candlestick. And this candlestick has is below this higher
candlestick has is below this higher low, right? It hasn't closed below. It
low, right? It hasn't closed below. It is below this higher low. And there's
is below this higher low. And there's still two hours left for this
still two hours left for this candlestick to close. Is that a bearish
candlestick to close. Is that a bearish confirmation? No. Because that
confirmation? No. Because that candlestick has not closed. In those two
candlestick has not closed. In those two hours, for all we know, this candlestick
hours, for all we know, this candlestick can come back up and then close above
can come back up and then close above this higher low and it was just creating
this higher low and it was just creating a wick and then this continues to have
a wick and then this continues to have the push to the upside. You only take
the push to the upside. You only take the trade or excuse me, you only confirm
the trade or excuse me, you only confirm that this market is bearish once we have
that this market is bearish once we have body candlestick closed below after
body candlestick closed below after let's say we are here for 2 hours left
let's say we are here for 2 hours left to the candlestick and then the
to the candlestick and then the remaining 2 hours it just consolidates
remaining 2 hours it just consolidates here and it closes below. Now we have a
here and it closes below. Now we have a confirmed shift of structure. This
confirmed shift of structure. This market is no longer bullish. It is only
market is no longer bullish. It is only confirmed shifting structure once this
confirmed shifting structure once this candlestick has closed below. So then
candlestick has closed below. So then this would turn into the lower low. And
this would turn into the lower low. And then let's go backwards. Let's pretend
then let's go backwards. Let's pretend we don't know where the lower high is.
we don't know where the lower high is. This is the height of the snake. Start
This is the height of the snake. Start working our way backwards. This is the
working our way backwards. This is the turn. Boom. That right there is the
turn. Boom. That right there is the lower high. So we know that this is the
lower high. So we know that this is the lower high. And we know that that down
lower high. And we know that that down there is the lower low. Now, this lower
there is the lower low. Now, this lower low can continue go down into who knows
low can continue go down into who knows when. We don't know until that lower low
when. We don't know until that lower low is going to stop. But we know that lower
is going to stop. But we know that lower low will stop once we start to have a
low will stop once we start to have a retracement. When we start to have some
retracement. When we start to have some type of a pullback, that is our first
type of a pullback, that is our first indication that now we are stopping.
indication that now we are stopping. Right? So, this move has stopped and now
Right? So, this move has stopped and now we can potentially create a new lower
we can potentially create a new lower high to then create a new lower low. But
high to then create a new lower low. But as of right now, this is not the
as of right now, this is not the confirmed lower low. This is just the
confirmed lower low. This is just the current low low. Like this is the lowest
current low low. Like this is the lowest point in this move. We only get a
point in this move. We only get a confirmation and you guys should be
confirmation and you guys should be writing all of this down and you guys
writing all of this down and you guys can go back if needed. But you only get
can go back if needed. But you only get a confirmation once the candlestick has
a confirmation once the candlestick has actually closed. And as of right now,
actually closed. And as of right now, this candlestick has closed, but it
this candlestick has closed, but it hasn't stopped. So you only get the
hasn't stopped. So you only get the confirmation once this candlestick has
confirmation once this candlestick has stopped. And as of right now, for all we
stopped. And as of right now, for all we know, this next candlestick can keep
know, this next candlestick can keep going down or it could stop and start to
going down or it could stop and start to have a retracement. So let's see what
have a retracement. So let's see what happens. So the next candlestick that we
happens. So the next candlestick that we get from this market is going to be a
get from this market is going to be a reversal. Okay, cool. So this
reversal. Okay, cool. So this candlestick having this retracement to
candlestick having this retracement to the upside let us know that this
the upside let us know that this candlestick has officially stopped here.
candlestick has officially stopped here. So now we know that this is the
So now we know that this is the confirmed lower high and that this is
confirmed lower high and that this is the confirmed lower low. The next
the confirmed lower low. The next candlestick can pretty much do something
candlestick can pretty much do something like this. And then guess what? This
like this. And then guess what? This will now be the new lower low. And then
will now be the new lower low. And then this will now be the new lower high. And
this will now be the new lower high. And you can see this very clearly in the
you can see this very clearly in the market structure area. Market structure
market structure area. Market structure area. If you guys were to see it, you
area. If you guys were to see it, you can tell that this is the lower high.
can tell that this is the lower high. This is the lower low. And this is now
This is the lower low. And this is now potentially having a reversal to
potentially having a reversal to continue going down. We know that as
continue going down. We know that as long as we are inside of this lower high
long as we are inside of this lower high and this lower low, we are bearish. And
and this lower low, we are bearish. And by the way, I just switched over to this
by the way, I just switched over to this camera because my other camera just ran
camera because my other camera just ran out of battery, right? But let's
out of battery, right? But let's continue to go with this example. Right?
continue to go with this example. Right? So now we know that this is the lower
So now we know that this is the lower high. We know that this is the confirmed
high. We know that this is the confirmed lower low and that this market is indeed
lower low and that this market is indeed bearish as long as we remain inside of
bearish as long as we remain inside of this lower high and this lower low. We
this lower high and this lower low. We are then bearish. Cool. So right now
are then bearish. Cool. So right now this market can do exactly right could
this market can do exactly right could do exactly what it's doing right now.
do exactly what it's doing right now. Has this closed below? No. So that is
Has this closed below? No. So that is not indeed the bearish move. As you can
not indeed the bearish move. As you can tell took me way too long to pause it.
tell took me way too long to pause it. But as you can tell this candlestick
But as you can tell this candlestick indeed did break below that structure
indeed did break below that structure point. So then that will go as the lower
point. So then that will go as the lower low. And if we were to then go ahead and
low. And if we were to then go ahead and do our trusty snake trick, this is the
do our trusty snake trick, this is the head of the snake. This is where the
head of the snake. This is where the snake has to then turn. That will then
snake has to then turn. That will then be the lower high right then at that
be the lower high right then at that structure point. Then, as you can tell,
structure point. Then, as you can tell, we body candlestick close below once
we body candlestick close below once again. This turns into becoming the
again. This turns into becoming the lower low. And then if we were to do the
lower low. And then if we were to do the trusty snake trick, this becomes the
trusty snake trick, this becomes the lower high once again. And then we body
lower high once again. And then we body candlestick close above this right here
candlestick close above this right here becomes the higher high. And then if we
becomes the higher high. And then if we were to do our trusty snake trick head,
were to do our trusty snake trick head, the market turns, then that right there
the market turns, then that right there will turn into the actual higher low.
will turn into the actual higher low. Now all that right there shifted from
Now all that right there shifted from bearish to bullish to bearish to bullish
bearish to bullish to bearish to bullish in just 12 hours cuz we are currently on
in just 12 hours cuz we are currently on the 4hour time frame. Now you guys can
the 4hour time frame. Now you guys can see if we were to go to the line chart
see if we were to go to the line chart for example, you can see how this
for example, you can see how this created lower high, lower low, lower
created lower high, lower low, lower high, lower low, and then we shifted
high, lower low, and then we shifted bullish. So right now that this market
bullish. So right now that this market has shifted bullish, we can simply wait
has shifted bullish, we can simply wait for a retracement to then buy. But we
for a retracement to then buy. But we don't know if this move has stopped. We
don't know if this move has stopped. We don't know if this is the ultimate
don't know if this is the ultimate higher high or not. So let's see what
higher high or not. So let's see what this market brings. So right now it's
this market brings. So right now it's showing some type of a retracement. So
showing some type of a retracement. So this is the confirmed higher high. And
this is the confirmed higher high. And now right here we're having a
now right here we're having a retracement. And this can be the perfect
retracement. And this can be the perfect higher low to then create a new higher
higher low to then create a new higher high. So this market is yet to break
high. So this market is yet to break above this higher high. And into that
above this higher high. And into that candlestick is not closed. It is not a
candlestick is not closed. It is not a confirmed closure above the higher high.
confirmed closure above the higher high. If you notice that minor candlestick
If you notice that minor candlestick closing above the higher high, guess
closing above the higher high, guess what gave it that confirmation push to
what gave it that confirmation push to the upside. Now, that is the confirmed
the upside. Now, that is the confirmed higher high. Now, where is the higher
higher high. Now, where is the higher low? Is the higher low at this point
low? Is the higher low at this point right here? Or is it at this point right
right here? Or is it at this point right here? Now, just for examples purposes,
here? Now, just for examples purposes, since you guys watching this are
since you guys watching this are beginners, the easiest way to do this is
beginners, the easiest way to do this is just go to the line chart and then check
just go to the line chart and then check where is the structure point. If this is
where is the structure point. If this is the head of the snake, start working our
the head of the snake, start working our way back. This is the reversal point.
way back. This is the reversal point. That right there is going to be the
That right there is going to be the higher low point. So very clean for you
higher low point. So very clean for you to identify that reversal point and
to identify that reversal point and you'll be able to tell where the higher
you'll be able to tell where the higher low is. So all you have to do is come
low is. So all you have to do is come place that as your higher low and that
place that as your higher low and that is your higher high and that is it. Now
is your higher high and that is it. Now you understand that this market is now
you understand that this market is now bullish. Uh this market is bullish. You
bullish. Uh this market is bullish. You can identify this as the higher high and
can identify this as the higher high and let's see if we can predict when it can
let's see if we can predict when it can potentially stop. So for right now there
potentially stop. So for right now there you go. It's showing some sign of a
you go. It's showing some sign of a pullback. So this is so far the
pullback. So this is so far the confirmed higher high because if this
confirmed higher high because if this next candlestick has a push to the
next candlestick has a push to the upside then that would then be the new
upside then that would then be the new higher high and then new higher low. So
higher high and then new higher low. So for right now this market just seems to
for right now this market just seems to be consolidating just a little bit.
be consolidating just a little bit. Shortly after that this market after
Shortly after that this market after having this retracement did exactly as I
having this retracement did exactly as I just said had this retracement then it
just said had this retracement then it comes to the upside. It breaks above
comes to the upside. It breaks above this is the higher high. This becomes
this is the higher high. This becomes the higher low and after this becomes
the higher low and after this becomes the higher low we just start chasing or
the higher low we just start chasing or continue pushing with price. And this
continue pushing with price. And this was the higher high but then no
was the higher high but then no pullback. Now as of right now this right
pullback. Now as of right now this right now where this market is at this very
now where this market is at this very moment is the ultimate and the newest
moment is the ultimate and the newest highest high. And this candlestick at
highest high. And this candlestick at this very moment has 1 hour and 22
this very moment has 1 hour and 22 minutes before closing. So as you can
minutes before closing. So as you can tell I'm literally placing it right at
tell I'm literally placing it right at the live price right now. So this market
the live price right now. So this market is currently bullish. That is the
is currently bullish. That is the highest high. That is the higher low. So
highest high. That is the higher low. So if I were just to bring back the the
if I were just to bring back the the wicks really fast, we can see more or
wicks really fast, we can see more or less where the trail of the market has
less where the trail of the market has been. And as you can tell, this market
been. And as you can tell, this market has been all the way up to this point
has been all the way up to this point over here. This was the highest high at
over here. This was the highest high at one point. This whole entire candlestick
one point. This whole entire candlestick was full like this at one point, making
was full like this at one point, making that the higher high. But right now, we
that the higher high. But right now, we cannot confirm this higher high and
cannot confirm this higher high and where it is until this candlestick does
where it is until this candlestick does not close in the next hour and 20
not close in the next hour and 20 minutes. This next hour and 20 minutes
minutes. This next hour and 20 minutes is going to be used to identify where
is going to be used to identify where this higher high officially closes. So
this higher high officially closes. So right now we're kind of just moving this
right now we're kind of just moving this up and down until the market finishes
up and down until the market finishes closing it. Once that market finish
closing it. Once that market finish closing it, we could identify to that
closing it, we could identify to that point and the market can either do two
point and the market can either do two things. Start to have a retracement or
things. Start to have a retracement or continue pushing to the upside. And if
continue pushing to the upside. And if it continues pushing to the upside, all
it continues pushing to the upside, all we have to do is just keep moving that
we have to do is just keep moving that higher high with it. Very similar to how
higher high with it. Very similar to how it did with this candlestick because
it did with this candlestick because once upon a time, this was the higher
once upon a time, this was the higher high at this point right here. And then
high at this point right here. And then after that higher high, the next
after that higher high, the next candlestick after that just simply
candlestick after that just simply closed as a another bullish candle. And
closed as a another bullish candle. And if it closes another bullish candle, you
if it closes another bullish candle, you just move the higher high to that point.
just move the higher high to that point. So on and so forth to the point where we
So on and so forth to the point where we are now. So right now this market is
are now. So right now this market is bullish. That is the higher high. And
bullish. That is the higher high. And then this is the higher low. Now this is
then this is the higher low. Now this is the simplest way to identify market
the simplest way to identify market structure. You can literally identify
structure. You can literally identify this on any market. And a lot of people
this on any market. And a lot of people make the mistake on not properly
make the mistake on not properly identifying structure correctly and they
identifying structure correctly and they just simply don't know how to do it. For
just simply don't know how to do it. For example, we can go to USDCHF and this
example, we can go to USDCHF and this market right here on USDCHF is pretty
market right here on USDCHF is pretty much very clear to the point where you
much very clear to the point where you don't even have to go to the actual line
don't even have to go to the actual line chart. You can tell that the lowest
chart. You can tell that the lowest point that this market has ever been is
point that this market has ever been is this market right here. But if this
this market right here. But if this market you would call it bullish, just
market you would call it bullish, just say yes. or if you would call it
say yes. or if you would call it bearish, just say no. What would you
bearish, just say no. What would you call this marker right here? Bullish or
call this marker right here? Bullish or bearish? I'll let you take a second and
bearish? I'll let you take a second and decide. Go ahead and pause for the
decide. Go ahead and pause for the video. Okay. So, you probably either
video. Okay. So, you probably either made a mistake or almost made a mistake
made a mistake or almost made a mistake on this market. This market, arguably
on this market. This market, arguably speaking, depending on who you are
speaking, depending on who you are talking to, would technically be bullish
talking to, would technically be bullish as of right now. You might be asking,
as of right now. You might be asking, Alex, how this market is clearly going
Alex, how this market is clearly going to the downside. This is clearly all the
to the downside. This is clearly all the way at the lowest point it's ever been.
way at the lowest point it's ever been. It has to be bearish. No, not
It has to be bearish. No, not necessarily. This right here is
necessarily. This right here is technically could be considered the
technically could be considered the lower high. And then this right here
lower high. And then this right here could technically be the lower low at
could technically be the lower low at this point over here. So, this market is
this point over here. So, this market is technically bearish, yes, but it's not
technically bearish, yes, but it's not bearish because of the lowest point that
bearish because of the lowest point that it's ever been. It's bearish because of
it's ever been. It's bearish because of this lower high and this lower low. Now,
this lower high and this lower low. Now, if I were to look at this quickly on the
if I were to look at this quickly on the line chart, you can see how this would
line chart, you can see how this would actually be the lower high structure
actually be the lower high structure point. And then this would be the lower
point. And then this would be the lower low structure point. At no point would I
low structure point. At no point would I possibly call that an actual structure
possibly call that an actual structure point cuz the snake, if we were to just
point cuz the snake, if we were to just do the snake trick once again, the snake
do the snake trick once again, the snake would just simply pass right on by
would just simply pass right on by there. No big deal. And then over here,
there. No big deal. And then over here, it would actually run into some more
it would actually run into some more structure points. So this market is
structure points. So this market is actually bearish because of that lower
actually bearish because of that lower high and that lower low not because of
high and that lower low not because of the current price that is happening
the current price that is happening right now. Now if this market indeed
right now. Now if this market indeed does close where it is now in the next 5
does close where it is now in the next 5 hours and 17 minutes then yes then this
hours and 17 minutes then yes then this would become the new lower low and then
would become the new lower low and then we just simply go back to the line chart
we just simply go back to the line chart and then we would be able to identify
and then we would be able to identify that the lower high would then be at
that the lower high would then be at this structure point right here. very
this structure point right here. very clean, very easy, very straight. But a
clean, very easy, very straight. But a lot of traders make the mistake that
lot of traders make the mistake that they overlook a lot of market structure
they overlook a lot of market structure and they only focus on one thing and
and they only focus on one thing and they're just looking at this right here,
they're just looking at this right here, right? Some traders, they get way too
right? Some traders, they get way too zoomed into the market and they go
zoomed into the market and they go analyze or do a full top down analysis.
analyze or do a full top down analysis. They're just looking at the market like
They're just looking at the market like this. They're looking at the market for
this. They're looking at the market for this move right here and they're looking
this move right here and they're looking at the market for just this move right
at the market for just this move right here. So guys, you got to understand,
here. So guys, you got to understand, you need to take a step back. You need
you need to take a step back. You need to look at the market for what's going
to look at the market for what's going on. Now, some other traders make some
on. Now, some other traders make some very big mistakes also, and they do this
very big mistakes also, and they do this when they go analyze the market. They're
when they go analyze the market. They're like, "Yep, this market is uh bearish.
like, "Yep, this market is uh bearish. Yep. You see how how it's been going
Yep. You see how how it's been going down for like the last 5 years." It's
down for like the last 5 years." It's like, "Yeah, but you need you need to
like, "Yeah, but you need you need to understand like where the market is
understand like where the market is right now. The market is all the way
right now. The market is all the way down here." Like, why are you looking at
down here." Like, why are you looking at price all the way up here when it was
price all the way up here when it was here in 2022? It's like that's 3 years
here in 2022? It's like that's 3 years ago. Like, we are very far away from
ago. Like, we are very far away from that. We want to trade the market today.
that. We want to trade the market today. So, we want to make sure we can zoom in
So, we want to make sure we can zoom in an a healthy amount to where we are
an a healthy amount to where we are right now to where we can actually
right now to where we can actually center the charts right in the middle. I
center the charts right in the middle. I don't know why, but I've seen whenever I
don't know why, but I've seen whenever I get on calls with my students and I
get on calls with my students and I review the trades, like I literally see
review the trades, like I literally see that they're analyzing the markets like
that they're analyzing the markets like this and they're like far away from the
this and they're like far away from the screen. I'm like, dude, are you scared
screen. I'm like, dude, are you scared of the market? Like, what's going on?
of the market? Like, what's going on? And or they look at the market like this
And or they look at the market like this or they look at it like this, just like
or they look at it like this, just like barely looking. It's like, bro, you need
barely looking. It's like, bro, you need to get the market. You need to control
to get the market. You need to control it and put it in the middle. You need to
it and put it in the middle. You need to focus on what's going on right in front
focus on what's going on right in front of you. Because if you can't see what
of you. Because if you can't see what you're trading, how are you actually
you're trading, how are you actually going to trade? Like, you literally need
going to trade? Like, you literally need to be looking at it. And if you're
to be looking at it. And if you're having the market like this, too skinny
having the market like this, too skinny or way too flat, how are you going to be
or way too flat, how are you going to be able to identify if you're ready to buy
able to identify if you're ready to buy or sell? You need to be able to actually
or sell? You need to be able to actually look at the market for what's going on
look at the market for what's going on and centering it right in front of you.
and centering it right in front of you. And that also goes hand inand when
And that also goes hand inand when placing these structure points
placing these structure points correctly. A lot of people will just
correctly. A lot of people will just overlook these things and they won't
overlook these things and they won't realize that this market is actually
realize that this market is actually bearish. And I cannot count how many
bearish. And I cannot count how many times I have seen a market like this one
times I have seen a market like this one where 5 hours will still be in this
where 5 hours will still be in this candlestick closure and in those 5 hours
candlestick closure and in those 5 hours this market will then do this and close
this market will then do this and close as a bullish candle and then everybody
as a bullish candle and then everybody counted it bearish wrongfully. Yes, you
counted it bearish wrongfully. Yes, you are right that it's bearish but you're
are right that it's bearish but you're wrong from where it is bearish and then
wrong from where it is bearish and then from wherever you're wrong from it's
from wherever you're wrong from it's bearish that's going to determine where
bearish that's going to determine where you're going to be interested in selling
you're going to be interested in selling or buying. And that is crucial to
or buying. And that is crucial to actually having the perfect entry for
actually having the perfect entry for your trade, which we're going to getting
your trade, which we're going to getting we're going to be getting to all of that
we're going to be getting to all of that later into this video. I just want you
later into this video. I just want you guys to have a very clear understanding
guys to have a very clear understanding that there is so many different
that there is so many different potential examples and and scenarios
potential examples and and scenarios that could be happening on these
that could be happening on these markets, right? For example, let's say
markets, right? For example, let's say we go to GBPCHF, right? GBPCHF for
we go to GBPCHF, right? GBPCHF for example, if we were to be looking at it
example, if we were to be looking at it on this time frame, because again,
on this time frame, because again, remember every single time frame, the
remember every single time frame, the market structure is going to be
market structure is going to be different. The market structure on the 4
different. The market structure on the 4 hour will not be same as the daily and
hour will not be same as the daily and the daily will not be same as the
the daily will not be same as the weekly. Every single market structure is
weekly. Every single market structure is going to be different. Would you call
going to be different. Would you call this market right here bullish or
this market right here bullish or bearish? Go ahead, take a second, pause
bearish? Go ahead, take a second, pause the video, test yourself. Okay, perfect.
the video, test yourself. Okay, perfect. This market structure very, very easily.
This market structure very, very easily. We go and hop over to the line chart.
We go and hop over to the line chart. And the line chart, you're going to be
And the line chart, you're going to be able to identify that this market
able to identify that this market structure point right over here is the
structure point right over here is the lower high. And that this market
lower high. And that this market structure point over here is the lower
structure point over here is the lower low. Lower high, lower low. As you can
low. Lower high, lower low. As you can tell, this market is yet to break above
tell, this market is yet to break above or below that lower high or lower low
or below that lower high or lower low even up to this point right here. And
even up to this point right here. And this, keep in mind, we are on the weekly
this, keep in mind, we are on the weekly time frame, meaning every single one of
time frame, meaning every single one of these candlesticks is a whole entire
these candlesticks is a whole entire week. We have literally like for us to
week. We have literally like for us to make one of these candlesticks, it takes
make one of these candlesticks, it takes five trading days, which is a very long
five trading days, which is a very long time. So the weekly time frame, for
time. So the weekly time frame, for example, is bearish. So this would be
example, is bearish. So this would be the weekly lower high and this would be
the weekly lower high and this would be the weekly lower low. Pretty easy,
the weekly lower low. Pretty easy, pretty self-explanatory. Let's go look
pretty self-explanatory. Let's go look at the daily for example, the daily time
at the daily for example, the daily time frame. We take a step back as well and
frame. We take a step back as well and we can see everything that's going on.
we can see everything that's going on. We can see our weekly lower high and
We can see our weekly lower high and lower low. But on the daily time frame,
lower low. But on the daily time frame, if we were to identify this for the
if we were to identify this for the daily structure, you can see how the
daily structure, you can see how the daily actually goes lower low, lower
daily actually goes lower low, lower high, lower low, and then we end up
high, lower low, and then we end up shifting bullish. So now we we know that
shifting bullish. So now we we know that we can look for more recent price action
we can look for more recent price action to determine if something is bullish or
to determine if something is bullish or bearish. We don't really have to look at
bearish. We don't really have to look at the weekly structure point because we
the weekly structure point because we know that the weekly structure point is
know that the weekly structure point is the weekly structure point and within
the weekly structure point and within that weekly structure point the daily
that weekly structure point the daily time frame went bearish and had an
time frame went bearish and had an additional structure point and then we
additional structure point and then we went bullish. So for the daily, I would
went bullish. So for the daily, I would zoom into pretty much a price action
zoom into pretty much a price action like this. And then within within this
like this. And then within within this price action, I can very clearly
price action, I can very clearly identify that this market was at one
identify that this market was at one point creating very clean lower high,
point creating very clean lower high, lower low. We pretty much broke through
lower low. We pretty much broke through all this over here. Then at this point
all this over here. Then at this point down over here, we created a lower low
down over here, we created a lower low and then this was the lower high. Right?
and then this was the lower high. Right? So I'm talking about this example right
So I'm talking about this example right here. This lower high, this lower low.
here. This lower high, this lower low. Obviously this market then then we broke
Obviously this market then then we broke above this structure point right there.
above this structure point right there. So at this point we are very very much
So at this point we are very very much bearish. We broke above that structure
bearish. We broke above that structure point making it now bullish. So we look
point making it now bullish. So we look at it on the candlestick time frames. We
at it on the candlestick time frames. We can see how it is bullish. We can pretty
can see how it is bullish. We can pretty much see how that time frame stopped.
much see how that time frame stopped. And if you notice look how precise it is
And if you notice look how precise it is when I'm telling you guys that it is
when I'm telling you guys that it is based off of the body candlestick
based off of the body candlestick closing below the line. If you notice
closing below the line. If you notice this broke above this structure point
this broke above this structure point right here. it breaking above this
right here. it breaking above this structure point made it bullish. So now
structure point made it bullish. So now this turns into the higher high making
this turns into the higher high making this the higher high then turns this
this the higher high then turns this into the higher low because if we do our
into the higher low because if we do our trusty snake trick this is the point
trusty snake trick this is the point where the market has a turn and if for
where the market has a turn and if for whatever reason you can't see it that
whatever reason you can't see it that clean. It's totally fine because you can
clean. It's totally fine because you can go back out to the line chart and on the
go back out to the line chart and on the line chart you can see that that's the
line chart you can see that that's the higher high that's the higher low and
higher high that's the higher low and then we want to make sure that we can
then we want to make sure that we can squeeze price to the bodies of the
squeeze price to the bodies of the candlesticks. And if you notice, guess
candlesticks. And if you notice, guess what happens? Price comes all the way
what happens? Price comes all the way back down to this higher low because
back down to this higher low because again, this is very, this is bullish as
again, this is very, this is bullish as long as we don't break below this line.
long as we don't break below this line. And then price never body candlestick
And then price never body candlestick closes below that higher low. And then
closes below that higher low. And then guess what happens? We then have a
guess what happens? We then have a massive push to the upside. Look how
massive push to the upside. Look how precise placing these higher highs and
precise placing these higher highs and higher lows is and the importance of it.
higher lows is and the importance of it. You want to make sure that you can place
You want to make sure that you can place this at an area that it is very clear
this at an area that it is very clear and very obvious. Once again, you could
and very obvious. Once again, you could go back out to the line chart and you
go back out to the line chart and you can verify higher low, higher high. We
can verify higher low, higher high. We have now body candlestick obviously
have now body candlestick obviously above this area. So, we can go out to
above this area. So, we can go out to the daily time frame and place it on the
the daily time frame and place it on the body. This right here is a very clean
body. This right here is a very clean higher high. Now, I would argue that I
higher high. Now, I would argue that I would not count this as a higher low.
would not count this as a higher low. This right here is something that I can
This right here is something that I can see the head of the snake just simply
see the head of the snake just simply kind of just going right pass by. I see
kind of just going right pass by. I see this as a much more sign significant
this as a much more sign significant turning point than that one. And the
turning point than that one. And the best way for me to confirm it is if I go
best way for me to confirm it is if I go out to the actual candlestick chart,
out to the actual candlestick chart, which is what we're going to be trading.
which is what we're going to be trading. And I don't see any possible
And I don't see any possible candlesticks creating an elbow. It's not
candlesticks creating an elbow. It's not something clean like it's not something
something clean like it's not something for example like this that it actually
for example like this that it actually creates a structure point. Here it
creates a structure point. Here it creates a structure point. Like there's
creates a structure point. Like there's something here. It just looks like it's
something here. It just looks like it's one whole move to the upside. So, not
one whole move to the upside. So, not only does the actual line chart
only does the actual line chart structure not look clear, but when I go
structure not look clear, but when I go out to the candlestick chart, I also
out to the candlestick chart, I also confirm that it's not clear. So, for me,
confirm that it's not clear. So, for me, I would then make the higher low, this
I would then make the higher low, this structure point right here, making this
structure point right here, making this the higher high and making this the
the higher high and making this the higher low. Now, keep in mind, this is
higher low. Now, keep in mind, this is not the confirmed higher high from this
not the confirmed higher high from this market because this market could simply
market because this market could simply continue going to the upside. We don't
continue going to the upside. We don't know. But as of right now, that is the
know. But as of right now, that is the higher high and this is the higher low.
higher high and this is the higher low. So, let's see what happens next. My
So, let's see what happens next. My point exactly. So, now this is the new
point exactly. So, now this is the new higher high. And if you notice, there's
higher high. And if you notice, there's no difference in the higher low
no difference in the higher low structure point on this time frame.
structure point on this time frame. There's just still a whole entire move
There's just still a whole entire move to the upside. The move just keeps going
to the upside. The move just keeps going up. And now looks like we are stopping.
up. And now looks like we are stopping. So this looks like we are at the
So this looks like we are at the confirmed higher high. Now having this
confirmed higher high. Now having this confirmed higher high is so important
confirmed higher high is so important because you're going to be able to
because you're going to be able to actually be ready to either enter a
actually be ready to either enter a trade or set up the perfect trade to
trade or set up the perfect trade to enter. I'm telling you, as soon as you
enter. I'm telling you, as soon as you understand this market structure, you
understand this market structure, you understand everything. I'm going to be
understand everything. I'm going to be able to teach you how to actually use
able to teach you how to actually use the inverted head and shoulders, the
the inverted head and shoulders, the head and shoulders, entry time frame
head and shoulders, entry time frame confirmation, shift of structure. I'm
confirmation, shift of structure. I'm just going to teach you how to do
just going to teach you how to do everything. Once you understand this,
everything. Once you understand this, this is like me teaching you the ABCs to
this is like me teaching you the ABCs to a language. As soon as you get the ABCs,
a language. As soon as you get the ABCs, you can basically put it all together
you can basically put it all together and then you're going to actually be
and then you're going to actually be able to go ahead and speak on it. But
able to go ahead and speak on it. But first, you need to learn the alphabet.
first, you need to learn the alphabet. So this right here, as you can tell, the
So this right here, as you can tell, the market has actually shown a sign of
market has actually shown a sign of stopping. And this market looks like
stopping. And this market looks like it's ready to start having some type of
it's ready to start having some type of retracement before continue going to the
retracement before continue going to the upside. So that's what I thought. But
upside. So that's what I thought. But then guess what? The market just simply
then guess what? The market just simply created another higher low and kept
created another higher low and kept going to the upside. It doesn't look
going to the upside. It doesn't look clean on the actual candlestick chart.
clean on the actual candlestick chart. You can just use the line chart to be
You can just use the line chart to be able to identify. We have body
able to identify. We have body candlestick closed above. Let's make
candlestick closed above. Let's make sure of that first before anything. And
sure of that first before anything. And yes, we did body candlestick close above
yes, we did body candlestick close above this higher high. So now this is the new
this higher high. So now this is the new higher high. I go back out to the line
higher high. I go back out to the line chart. And on the line chart, this now
chart. And on the line chart, this now turns into the higher low, meaning we
turns into the higher low, meaning we are still very much bullish on the daily
are still very much bullish on the daily time frame. Now the daily time frame,
time frame. Now the daily time frame, guess what ends up happening? We end up
guess what ends up happening? We end up actually having a break below that
actually having a break below that higher low. Okay, what happens once we
higher low. Okay, what happens once we break that higher low? First of all,
break that higher low? First of all, let's just go out to the line chart just
let's just go out to the line chart just to confirm. So now on the line chart,
to confirm. So now on the line chart, we're going to make this the new lower
we're going to make this the new lower low. And then we are going to make this
low. And then we are going to make this the lower high, right? Very clean, very
the lower high, right? Very clean, very simple. Now the daily time frame is
simple. Now the daily time frame is bearish, quote unquote. And if we were
bearish, quote unquote. And if we were to just continue following price action,
to just continue following price action, this right now, as of right now, is the
this right now, as of right now, is the confirmed lower low, but it is not fully
confirmed lower low, but it is not fully confirmed yet because we don't know if
confirmed yet because we don't know if this has stopped, right? We need to make
this has stopped, right? We need to make sure and figure out where it's going to
sure and figure out where it's going to stop. So if we keep it going, perfect.
stop. So if we keep it going, perfect. Price has very much stopped there. So
Price has very much stopped there. So that is the confirmed lower low. We can
that is the confirmed lower low. We can look at it also on the line chart. As
look at it also on the line chart. As you can tell, lower high, lower low.
you can tell, lower high, lower low. Once again, I would not count that as
Once again, I would not count that as the structure point. Feel like the snake
the structure point. Feel like the snake would pass right by there exactly how it
would pass right by there exactly how it did here. And if we were to look at it
did here. And if we were to look at it on the candlestick chart, I don't see
on the candlestick chart, I don't see any elbows being created. So right now,
any elbows being created. So right now, we have lower high, we have lower low.
we have lower high, we have lower low. And this trade as of right now has not
And this trade as of right now has not body candlestick closed below. No body
body candlestick closed below. No body candlestick closure, no confirmation.
candlestick closure, no confirmation. And now that we have a body candlestick
And now that we have a body candlestick closure below, we can then confirm that
closure below, we can then confirm that this is actually indeed a proper lower
this is actually indeed a proper lower low structure point. So I would go ahead
low structure point. So I would go ahead and then count this as the lower low.
and then count this as the lower low. You don't know where to place the lower
You don't know where to place the lower high. Go to the line chart and find the
high. Go to the line chart and find the cleanest structure point. So if I were
cleanest structure point. So if I were to make this the head of the snake,
to make this the head of the snake, start working my way back, I would not
start working my way back, I would not count that one as the cleanest structure
count that one as the cleanest structure point. I would count this one as the
point. I would count this one as the cleanest structure point. And that
cleanest structure point. And that cleanest structure point is what's going
cleanest structure point is what's going to lead me to then make the lower high
to lead me to then make the lower high right at this area right here. Now,
right at this area right here. Now, these potential examples are literally
these potential examples are literally never ending. These things are just the
never ending. These things are just the market creates so many different unique
market creates so many different unique types of structure points that it's a
types of structure points that it's a neverending different scenario. There's
neverending different scenario. There's never always a perfect exact black or
never always a perfect exact black or white structure point. And I want you
white structure point. And I want you guys to understand that because that is
guys to understand that because that is so important to having that mindset when
so important to having that mindset when it comes to trading the market. I wish I
it comes to trading the market. I wish I would have known that when I came into
would have known that when I came into the market. I always tried to perfect
the market. I always tried to perfect and get the precise exact structure
and get the precise exact structure point every single time. And the truth
point every single time. And the truth of the matter is that the market doesn't
of the matter is that the market doesn't move perfect. It's going to move however
move perfect. It's going to move however it wants. And sometimes it moving
it wants. And sometimes it moving however it wants. It doesn't make things
however it wants. It doesn't make things extremely clear for you to actually be
extremely clear for you to actually be able to identify as a lower high or
able to identify as a lower high or lower low or higher high and higher low.
lower low or higher high and higher low. You have to make it make sense. And if
You have to make it make sense. And if it makes sense, it makes sense. If it
it makes sense, it makes sense. If it doesn't, it doesn't. But there's never
doesn't, it doesn't. But there's never going to be like a proper black or white
going to be like a proper black or white textbook that's going to tell you, "Yep,
textbook that's going to tell you, "Yep, that's exactly how it is." Exactly what
that's exactly how it is." Exactly what I'm teaching you right now is as close
I'm teaching you right now is as close as it's going to get. Everything is just
as it's going to get. Everything is just based off of where it's the cleanest and
based off of where it's the cleanest and where it makes the most sense because
where it makes the most sense because every single move is so different. And
every single move is so different. And that is this is a perfect example on how
that is this is a perfect example on how placing that as the lower high at the
placing that as the lower high at the area where it makes sense. Price had a
area where it makes sense. Price had a pullback to that area, did not have a
pullback to that area, did not have a body candlestick closure above and then
body candlestick closure above and then guess what? We had a massive push to the
guess what? We had a massive push to the downside. This is what I'm saying.
downside. This is what I'm saying. Everything is just textbook. You need to
Everything is just textbook. You need to follow it as close to it as you can. And
follow it as close to it as you can. And the patience is the most important
the patience is the most important thing. Next, this is obviously going to
thing. Next, this is obviously going to break below. This is the lower low. And
break below. This is the lower low. And then I can almost guarantee you that the
then I can almost guarantee you that the lower high will be right at that
lower high will be right at that structure point right there. Once again,
structure point right there. Once again, you go back to the line chart and then
you go back to the line chart and then you can identify that that right there
you can identify that that right there is the lower high. That right there is
is the lower high. That right there is the lower low. And if we just continue
the lower low. And if we just continue following price, this market right now
following price, this market right now is bearish. As long as we are inside of
is bearish. As long as we are inside of this move right here. And then let's see
this move right here. And then let's see what happens next. As you can tell, we
what happens next. As you can tell, we come all the way back up very near that
come all the way back up very near that lower high. We do not body candlestick
lower high. We do not body candlestick close above it. And guess what happens?
close above it. And guess what happens? Beautiful sells to the downside. Like
Beautiful sells to the downside. Like this is just so easy because it's so
this is just so easy because it's so predictable because you know exactly
predictable because you know exactly where the market is. So this turns into
where the market is. So this turns into the lower high. This turns into the
the lower high. This turns into the lower low. If we go ahead and look back
lower low. If we go ahead and look back into the line chart, it's very obvious
into the line chart, it's very obvious where it's at. For right now, this is
where it's at. For right now, this is not the confirmed lower low because we
not the confirmed lower low because we don't know if that's where it stopped.
don't know if that's where it stopped. And then that is exactly where it
And then that is exactly where it stopped. Right now we're having a
stopped. Right now we're having a retracement. As long as we remain inside
retracement. As long as we remain inside of the lower high and lower low, we are
of the lower high and lower low, we are bearish. And then would you look at
bearish. And then would you look at that? This market as of right now did
that? This market as of right now did not break above the lower high, lower
not break above the lower high, lower low, and you could have caught a
low, and you could have caught a beautiful sell inside of this bearish
beautiful sell inside of this bearish move right here. I'm just showing you
move right here. I'm just showing you guys how easy it is to identify if
guys how easy it is to identify if something is bullish or if something is
something is bullish or if something is bearish. And this right here, it is very
bearish. And this right here, it is very obvious that that is the lower high and
obvious that that is the lower high and that this is the lower low based off of
that this is the lower low based off of this structure point on how I am
this structure point on how I am teaching you guys right now. So you use
teaching you guys right now. So you use the line chart to determine if something
the line chart to determine if something is bullish or bearish. And then when you
is bullish or bearish. And then when you come to the candlestick charts, all you
come to the candlestick charts, all you simply do is just adjust it and make it
simply do is just adjust it and make it to the bodies so you have a clear
to the bodies so you have a clear understanding of where it is. This right
understanding of where it is. This right here is how you identify if something is
here is how you identify if something is bullish or bearish and how market
bullish or bearish and how market structure works. I cannot stress on how
structure works. I cannot stress on how much I wished I knew how this is this is
much I wished I knew how this is this is how things work because this would have
how things work because this would have made my life so much easier and I would
made my life so much easier and I would have saved so much time on trying to
have saved so much time on trying to figure out different ways on how to
figure out different ways on how to identify if something is properly
identify if something is properly bullish or if something is properly
bullish or if something is properly bearish. But right now you can just tell
bearish. But right now you can just tell that the weekly time frame is bearish.
that the weekly time frame is bearish. So this is the weekly lower high lower
So this is the weekly lower high lower low. That is what the daily lower high
low. That is what the daily lower high and lower low looks like on the weekly.
and lower low looks like on the weekly. The daily time frame, this is the lower
The daily time frame, this is the lower high and lower low. This is what the
high and lower low. This is what the actual weekly lower high and lower low
actual weekly lower high and lower low looks like on the daily. And now if we
looks like on the daily. And now if we go to the 4our time frame, on the 4our
go to the 4our time frame, on the 4our time frame, we can do the exact same
time frame, we can do the exact same thing that we have just done right now.
thing that we have just done right now. Go out to the line chart and on the line
Go out to the line chart and on the line chart you can identify that this 4hour
chart you can identify that this 4hour time frame is also very much bearish.
time frame is also very much bearish. This is a lower high and then this is
This is a lower high and then this is the lower low. You can follow all this
the lower low. You can follow all this structure. lower high, lower low, higher
structure. lower high, lower low, higher high, higher low. D, higher high, higher
high, higher low. D, higher high, higher low. We break the structure and now we
low. We break the structure and now we are bearish. So this is the 4hour lower
are bearish. So this is the 4hour lower high. And as of right now, this is the
high. And as of right now, this is the 4hour lower low. So if you ask me a
4hour lower low. So if you ask me a question and you know you have the
question and you know you have the weekly time frame bearish, the daily
weekly time frame bearish, the daily time frame bearish, and then the 4our
time frame bearish, and then the 4our time frame bearish, h doesn't it make
time frame bearish, h doesn't it make sense to sell? Of course, that's how you
sense to sell? Of course, that's how you can kind of just start building a
can kind of just start building a picture and then everything else just
picture and then everything else just starts coming into play. So, without you
starts coming into play. So, without you even realizing, we have just done a top
even realizing, we have just done a top down analysis. We've gone from the top
down analysis. We've gone from the top down. We've gone from the weekly time
down. We've gone from the weekly time frame down. And that's how simple it is.
frame down. And that's how simple it is. But for right now, I just want to
But for right now, I just want to educate you guys exactly on how market
educate you guys exactly on how market structure works. We're going to be using
structure works. We're going to be using the line charts to understand if market
the line charts to understand if market structure is bullish or bearish. And
structure is bullish or bearish. And then after we go to the candlestick
then after we go to the candlestick chart. And on the candlestick chart, we
chart. And on the candlestick chart, we just place it to the bodies. And the
just place it to the bodies. And the most important rule is that you make
most important rule is that you make sure that you place these lower highs
sure that you place these lower highs and lower low lines or if you're going
and lower low lines or if you're going to be using a bullish market that you
to be using a bullish market that you are actually placing these higher highs
are actually placing these higher highs and higher low points. You want to make
and higher low points. You want to make sure that you actually place these lines
sure that you actually place these lines so you know exactly where your higher
so you know exactly where your higher lows and higher highs are so you aren't
lows and higher highs are so you aren't mistaken from where the market is
mistaken from where the market is bullish or bearish from. To get your
bullish or bearish from. To get your line, simply come here, place higher
line, simply come here, place higher high, and then place the higher low at
high, and then place the higher low at the point wherever the higher low is.
the point wherever the higher low is. This way, you have a clear understanding
This way, you have a clear understanding of where the market is. This way, you
of where the market is. This way, you are actually having a perfect base to
are actually having a perfect base to build your trade off of before you enter
build your trade off of before you enter the trade and you know exactly the type
the trade and you know exactly the type of trade that you're entering before you
of trade that you're entering before you even enter it. This market right here
even enter it. This market right here arguably is going to be bullish. So, as
arguably is going to be bullish. So, as you can tell, this is the lower high.
you can tell, this is the lower high. This is the lower low. This is the lower
This is the lower low. This is the lower high. This is the lower low. Now, this
high. This is the lower low. Now, this is the higher high and this is the
is the higher high and this is the higher low. This right here is the
higher low. This right here is the weekly higher low at this point right
weekly higher low at this point right here. And then right now, we are
here. And then right now, we are currently in the works of creating that
currently in the works of creating that weekly higher high. It's very simple,
weekly higher high. It's very simple, very straightforward. This right here is
very straightforward. This right here is how you read market structure in the
how you read market structure in the markets. Everything is based off of the
markets. Everything is based off of the elbows. Everything is to this market
elbows. Everything is to this market structure. You do it on the line chart.
structure. You do it on the line chart. It reflects on the candlesticks. And the
It reflects on the candlesticks. And the only difference in between one or the
only difference in between one or the other is that the other one is just
other is that the other one is just straight lines and this one is straight
straight lines and this one is straight candlesticks. We want to make we want to
candlesticks. We want to make we want to make sure that we can focus on the
make sure that we can focus on the bodies of the candlesticks and not the
bodies of the candlesticks and not the wicks. The wicks are just a trail. We
wicks. The wicks are just a trail. We use that for the entries that is not any
use that for the entries that is not any use literally all the way into the end.
use literally all the way into the end. The wicks are pretty much the last thing
The wicks are pretty much the last thing that we use. But right now, you want to
that we use. But right now, you want to make sure that you can just read the
make sure that you can just read the market structure and be able to identify
market structure and be able to identify if something is bullish or bearish based
if something is bullish or bearish based off of that structure. That being said,
off of that structure. That being said, that is the candlestick charts and the
that is the candlestick charts and the line charts. All right, so at this point
line charts. All right, so at this point into the video, we are obviously very
into the video, we are obviously very deep into what trading is, how trading
deep into what trading is, how trading works, and truthfully the very very
works, and truthfully the very very simple concepts on how to read market
simple concepts on how to read market analysis. Right now, you just understand
analysis. Right now, you just understand to determine if something is properly
to determine if something is properly bullish or if something is properly
bullish or if something is properly bearish. Now, we're going to get into
bearish. Now, we're going to get into top that analysis. We're going to get
top that analysis. We're going to get into area of interest, support and
into area of interest, support and resistance, entry signal, double tops,
resistance, entry signal, double tops, double bottoms, break and retest,
double bottoms, break and retest, indicators, trading plan, strategy,
indicators, trading plan, strategy, everything inside of this video. So,
everything inside of this video. So, want to take a quick pause and make sure
want to take a quick pause and make sure you subscribe to the channel. If you
you subscribe to the channel. If you haven't subscribed, hit that subscribe
haven't subscribed, hit that subscribe button, hit that like button as well.
button, hit that like button as well. Leave a comment on what has been your
Leave a comment on what has been your favorite section so far. And to do a
favorite section so far. And to do a quick recap. So, up to this point, we
quick recap. So, up to this point, we have talked about what a currency pair
have talked about what a currency pair is. We have talked about different types
is. We have talked about different types of traders, day traders, swing traders,
of traders, day traders, swing traders, scalpers, intraday investors. We have
scalpers, intraday investors. We have also talked about the types of technical
also talked about the types of technical trading. You have the line chart, the
trading. You have the line chart, the candlestick charts, multiple different
candlestick charts, multiple different forms of bar charts. You guys now
forms of bar charts. You guys now understand what platforms you need to
understand what platforms you need to actually execute a trade and which ones
actually execute a trade and which ones you should focus on. That's only going
you should focus on. That's only going to be Trading View, a broker of your
to be Trading View, a broker of your choice, and then MetaTrader 5 to
choice, and then MetaTrader 5 to actually execute the trade. and then
actually execute the trade. and then maybe Forex Factory if you want to use
maybe Forex Factory if you want to use the fundamentals. Now you guys
the fundamentals. Now you guys understand the actual trading sessions
understand the actual trading sessions to be involved into the market because
to be involved into the market because there yes the market is there to be
there yes the market is there to be available 245 to actually go ahead and
available 245 to actually go ahead and execute a trade but that doesn't mean
execute a trade but that doesn't mean that you should actually execute a trade
that you should actually execute a trade at whatever time you want whenever it's
at whatever time you want whenever it's at the best of your convenience. You
at the best of your convenience. You need to make sure that you're trading
need to make sure that you're trading within that proper window of you
within that proper window of you actually executing a trade. So now you
actually executing a trade. So now you guys understand the different types of
guys understand the different types of orders in the market. You guys
orders in the market. You guys understand what's an market instant
understand what's an market instant execution? What's a buy stop, sell,
execution? What's a buy stop, sell, stop, market order limits, and how you
stop, market order limits, and how you can actually place that on MetaTrader 5?
can actually place that on MetaTrader 5? You guys are educated exactly on how to
You guys are educated exactly on how to identify the market structure. Now, if
identify the market structure. Now, if you need more practice and you need to
you need more practice and you need to see it all over again, just simply go
see it all over again, just simply go back before you continue watching this
back before you continue watching this video forward because there is no other
video forward because there is no other market structure education that is to be
market structure education that is to be done to determine if something is
done to determine if something is bullish or if something is bearish. All
bullish or if something is bearish. All I can just really do is have a
I can just really do is have a neverending amount of examples and then
neverending amount of examples and then I would actually never get to the point
I would actually never get to the point when it comes to the strategy. Inside of
when it comes to the strategy. Inside of my channel, I have many other videos
my channel, I have many other videos like this one where I actually educate
like this one where I actually educate you on market structure alone and it's a
you on market structure alone and it's a full class on just that. But what I've
full class on just that. But what I've just taught you previously should be
just taught you previously should be more than enough for you to be able to
more than enough for you to be able to go ahead go to any chart and determine
go ahead go to any chart and determine if it's bullish or bearish. Now that
if it's bullish or bearish. Now that after that you've learned and you've
after that you've learned and you've been able to identify that something is
been able to identify that something is bullish or bearish. But what's next?
bullish or bearish. But what's next? Well, it's exactly what we're going to
Well, it's exactly what we're going to be getting into right now. Just want to
be getting into right now. Just want to do a quick pause quiz recap because
do a quick pause quiz recap because that's a lot of information and that
that's a lot of information and that information has taken me a very long
information has taken me a very long time to even remotely get near
time to even remotely get near understanding it. And now the fact that
understanding it. And now the fact that I've just put it all to you in one
I've just put it all to you in one single video is pretty crazy. And I just
single video is pretty crazy. And I just wanted to make sure that you realize
wanted to make sure that you realize that before we continue going forward.
that before we continue going forward. And if you think that you need to just
And if you think that you need to just watch the market structure section a bit
watch the market structure section a bit more before moving on because now things
more before moving on because now things are going to get a little bit more
are going to get a little bit more advanced and I'm going to start going a
advanced and I'm going to start going a bit faster paced. Just literally take a
bit faster paced. Just literally take a quick pause at this section. Go back,
quick pause at this section. Go back, watch the last 30 minutes to 45 minutes,
watch the last 30 minutes to 45 minutes, even the last hour, and just watch that
even the last hour, and just watch that section over again. Go look over
section over again. Go look over throughout your notes. And all I'm going
throughout your notes. And all I'm going to be doing now is teaching you now the
to be doing now is teaching you now the advanced way on how to do it, how to
advanced way on how to do it, how to actually do a proper top down analysis,
actually do a proper top down analysis, and how to place your areas of interest.
and how to place your areas of interest. So, with that being said, let's get
So, with that being said, let's get started. Okay, so let's see if you've
started. Okay, so let's see if you've been doing your homework and you've
been doing your homework and you've actually been paying attention, right?
actually been paying attention, right? So, what I'm about to show you guys is
So, what I'm about to show you guys is going to be topdown
going to be topdown analysis.
analysis. Topdown analysis. This right here is
Topdown analysis. This right here is what's going to lead you to determine if
what's going to lead you to determine if it's a good time to buy or a good time
it's a good time to buy or a good time to sell. Now, you might be asking
to sell. Now, you might be asking yourself, why is top analysis so
yourself, why is top analysis so important? And that is because top-down
important? And that is because top-down analysis is directly connected to the
analysis is directly connected to the actual trend of the trade. And you
actual trend of the trade. And you should only be executing a trade if you
should only be executing a trade if you are trading with the trend. The trend is
are trading with the trend. The trend is your friend. I cannot stress this
your friend. I cannot stress this enough. And you want to make sure that
enough. And you want to make sure that you can be trading with the most amount
you can be trading with the most amount of trends in your favor. So the trend is
of trends in your favor. So the trend is your friend. If you were to get
your friend. If you were to get something to write that on a piece of
something to write that on a piece of paper, this would probably be on the top
paper, this would probably be on the top of that forefront. Now, at the point
of that forefront. Now, at the point when it comes to actually entering a
when it comes to actually entering a trade, everything when it comes to
trade, everything when it comes to educating you on the market, there's a
educating you on the market, there's a bunch of other valuable notes, but when
bunch of other valuable notes, but when it comes to actually entering a trade,
it comes to actually entering a trade, this is going to be probably one of the
this is going to be probably one of the top things that you need in your favor
top things that you need in your favor for you to actually determine if the
for you to actually determine if the trade is good to buy or if the trade is
trade is good to buy or if the trade is good to sell. So, for us to do a top
good to sell. So, for us to do a top analysis, it's very simple, right? You
analysis, it's very simple, right? You have a weekly move that's going to be
have a weekly move that's going to be like this. So this box over here that
like this. So this box over here that we're going to be having at our left
we're going to be having at our left section, this is going to be the weekly.
section, this is going to be the weekly. Then inside of this box, we're going to
Then inside of this box, we're going to have the daily. And then on this box, we
have the daily. And then on this box, we are going to have the 4 hour. And in
are going to have the 4 hour. And in just a second, I'm going to be breaking
just a second, I'm going to be breaking down what every single time frame is
down what every single time frame is used for and how you're going to use it.
used for and how you're going to use it. Right? You just learn to determine if
Right? You just learn to determine if something is bullish or bearish. Right
something is bullish or bearish. Right now, you can very clearly tell that this
now, you can very clearly tell that this weekly time frame is bullish. That's the
weekly time frame is bullish. That's the higher high and that's the higher low.
higher high and that's the higher low. Right? If you were to do the snake trick
Right? If you were to do the snake trick once again, this is the head of the
once again, this is the head of the snake. The first turn that is going to
snake. The first turn that is going to be the actual
be the actual turn of the snake and that's going to be
turn of the snake and that's going to be the higher low. So this is what the
the higher low. So this is what the market looks like on the weekly. Now, if
market looks like on the weekly. Now, if we were to look at this same exact
we were to look at this same exact market on the daily, for example, this
market on the daily, for example, this is exactly how this market would look
is exactly how this market would look like. So, I'm literally just copying
like. So, I'm literally just copying this exact same structure move, but I'm
this exact same structure move, but I'm just basically zooming into this price.
just basically zooming into this price. So, this is what the weekly higher high
So, this is what the weekly higher high would look like on the weekly. This is
would look like on the weekly. This is what the weekly higher low would look
what the weekly higher low would look like on the weekly. If I were to copy
like on the weekly. If I were to copy this weekly higher low and place it over
this weekly higher low and place it over here on the daily, this is what it would
here on the daily, this is what it would look like. Or even lower. We're just
look like. Or even lower. We're just going to place it literally at the exact
going to place it literally at the exact same price where it is over here. And
same price where it is over here. And this is what the weekly higher high
this is what the weekly higher high would look like if I were to place the
would look like if I were to place the weekly higher high at this daily time
weekly higher high at this daily time frame. Now, this is the weekly higher
frame. Now, this is the weekly higher high. This is the weekly higher low on
high. This is the weekly higher low on the daily time frame. But the daily time
the daily time frame. But the daily time frame, this is the daily higher high as
frame, this is the daily higher high as well. So, if we were just to put here
well. So, if we were just to put here daily higher high and then where is the
daily higher high and then where is the daily higher low? Well, let's say you
daily higher low? Well, let's say you don't know because you've just started
don't know because you've just started to learn how to trade, but you do know
to learn how to trade, but you do know how to use the snake trick. And this
how to use the snake trick. And this crazy guy in the internet keeps saying
crazy guy in the internet keeps saying that the snake trick is based off of the
that the snake trick is based off of the first turn and that's where the higher
first turn and that's where the higher low is. So, if this is the head of the
low is. So, if this is the head of the snake and we start going backwards, that
snake and we start going backwards, that is the first turn. That indeed right
is the first turn. That indeed right there is going to now be the higher low
there is going to now be the higher low of this market. All right, this crazy
of this market. All right, this crazy guy in the internet is somehow making
guy in the internet is somehow making sense. So that right there is going to
sense. So that right there is going to be the higher low. Now this is what the
be the higher low. Now this is what the daily higher low looks like on the
daily higher low looks like on the weekly. And this is what the daily
weekly. And this is what the daily higher high looks like on the weekly. So
higher high looks like on the weekly. So as you can tell we have the same higher
as you can tell we have the same higher high and then we have a different higher
high and then we have a different higher low because there's different structure,
low because there's different structure, right? Pretty easy, pretty
right? Pretty easy, pretty self-explanatory. Everything so far
self-explanatory. Everything so far should be making sense because we are
should be making sense because we are not breaking down anything new. This is
not breaking down anything new. This is just what it looks like on the weekly
just what it looks like on the weekly and this is what it looks like on the
and this is what it looks like on the daily. Now, if I were to do the exact
daily. Now, if I were to do the exact same structure move on the 4 hour,
same structure move on the 4 hour, obviously the 4our time frame is going
obviously the 4our time frame is going to have a lot more structure, a lot more
to have a lot more structure, a lot more detail that is going to define the
detail that is going to define the weekly and the daily time frame, right?
weekly and the daily time frame, right? Because keep in mind, every single
Because keep in mind, every single candle of this is just one week. But two
candle of this is just one week. But two of these candles is going to be 10 of
of these candles is going to be 10 of the candles on the daily. And then on
the candles on the daily. And then on the weekly it'll be north of 26 candles.
the weekly it'll be north of 26 candles. So the lower the time frame we go, the
So the lower the time frame we go, the more detail you're going to see
more detail you're going to see everything. It's just going to be broken
everything. It's just going to be broken down into many more candlesticks and
down into many more candlesticks and many more structure points. It's going
many more structure points. It's going to be broken down the same way whether
to be broken down the same way whether you look at it on the candlestick chart
you look at it on the candlestick chart or whether you look at it on the line
or whether you look at it on the line chart. The market structure is going to
chart. The market structure is going to change because the price movements
change because the price movements change based off of the time frame. So,
change based off of the time frame. So, so far right now we have the weekly time
so far right now we have the weekly time frame and we have the daily time frame.
frame and we have the daily time frame. Right? Now, on the 4our time frame,
Right? Now, on the 4our time frame, we're also going to identify the higher
we're also going to identify the higher high and higher low. Right? 4our time
high and higher low. Right? 4our time frame is bullish. As you can tell, this
frame is bullish. As you can tell, this is the 4hour higher high. And then the
is the 4hour higher high. And then the 4hour higher low is going to be at this
4hour higher low is going to be at this point right here. Once again, if we do
point right here. Once again, if we do the trusty snake trick, get the head of
the trusty snake trick, get the head of the snake, turn backwards, that right
the snake, turn backwards, that right there is going to be the higher low.
there is going to be the higher low. Pretty easy, pretty self-explanatory
Pretty easy, pretty self-explanatory just showing this in a very very very
just showing this in a very very very simple format. So we have just done top
simple format. So we have just done top down analysis on for example EuroUSD.
down analysis on for example EuroUSD. We have understood that this market
We have understood that this market structure as of right now. This is what
structure as of right now. This is what the 4hour higher high looks like on the
the 4hour higher high looks like on the 4 hour and this is what the 4hour higher
4 hour and this is what the 4hour higher low looks like on the daily for example.
low looks like on the daily for example. And this is what the 4hour higher low
And this is what the 4hour higher low looks like for example on the weekly. So
looks like for example on the weekly. So this is just to give you perspective
this is just to give you perspective when you're going to go enter a trade
when you're going to go enter a trade where you are entering the trade. Should
where you are entering the trade. Should you be entering the trade on the 4 hour?
you be entering the trade on the 4 hour? Should you be entering the trade on the
Should you be entering the trade on the daily? Should you be entering the trade
daily? Should you be entering the trade on the weekly? Now all of that I'm going
on the weekly? Now all of that I'm going to be breaking down inside of this
to be breaking down inside of this video. I just want you guys to
video. I just want you guys to understand one thing at a time. The
understand one thing at a time. The trend is your friend. So now this market
trend is your friend. So now this market right here, yes, the weekly time frame
right here, yes, the weekly time frame is going to be considered bullish, the
is going to be considered bullish, the daily time frame is going to be
daily time frame is going to be considered bullish, and the 4hour time
considered bullish, and the 4hour time frame is going to be considered bullish.
frame is going to be considered bullish. Now, this quote unquote is great because
Now, this quote unquote is great because you have all three time frames that are
you have all three time frames that are going to be in your favor. So this means
going to be in your favor. So this means that it's a great time to buy. Now,
that it's a great time to buy. Now, while this is what I'm saying to you
while this is what I'm saying to you guys right now in this specific example,
guys right now in this specific example, that actually might not be the case. And
that actually might not be the case. And I'm going to break that down in just a
I'm going to break that down in just a second. But the most important thing
second. But the most important thing that I want you guys to understand right
that I want you guys to understand right now is going to be top down analysis is
now is going to be top down analysis is to literally determine if something is
to literally determine if something is bullish or bearish from the top down. So
bullish or bearish from the top down. So all of the time frames that we will be
all of the time frames that we will be using are going to be these. So we have
using are going to be these. So we have the weekly,
the weekly, daily, 4 hour, 2 hour, 1 hour, 30
daily, 4 hour, 2 hour, 1 hour, 30 minutes and 15 minutes. Now we will be
minutes and 15 minutes. Now we will be using the weekly, the daily and the 4
using the weekly, the daily and the 4 hour. All of these three time frames,
hour. All of these three time frames, these are going to be used to identify
these are going to be used to identify the trend. So these are used to identify
the trend. So these are used to identify trend and area of interest slashsup
trend and area of interest slashsup support or resistance. And we'll get
support or resistance. And we'll get into that in just a second. Don't worry,
into that in just a second. Don't worry, one thing at a time. But we will be
one thing at a time. But we will be using these higher time frames to
using these higher time frames to identify where is the overall direction
identify where is the overall direction of the market going because we want to
of the market going because we want to be trading with that direction. If the
be trading with that direction. If the majority of the higher time frames are
majority of the higher time frames are going up, best believe we're just going
going up, best believe we're just going to keep going up. If the majority of the
to keep going up. If the majority of the higher time frames are going down, best
higher time frames are going down, best believe we're are going to continue that
believe we're are going to continue that trend to the downside. There's no better
trend to the downside. There's no better option when it comes to buying or
option when it comes to buying or selling. They're both equally the same.
selling. They're both equally the same. And then we're going to be using these
And then we're going to be using these lower time frames as entry signal
lower time frames as entry signal confirmations. Now, I'm going to prepare
confirmations. Now, I'm going to prepare you guys right now for something. The
you guys right now for something. The entry signals
entry signals is going to actually be the most simple
is going to actually be the most simple thing that I can possibly ever teach
thing that I can possibly ever teach you. It's going to be the easiest thing
you. It's going to be the easiest thing you are ever going to learn. But it will
you are ever going to learn. But it will be the last thing. Why? Because when you
be the last thing. Why? Because when you go enter the trade, that means that you
go enter the trade, that means that you have done your whole entire analysis.
have done your whole entire analysis. That means that you have broken down
That means that you have broken down your strategy. That means that you have
your strategy. That means that you have done literally everything and you're at
done literally everything and you're at the point of entry. There is so many
the point of entry. There is so many more things that we need to get to the
more things that we need to get to the point before the market is even near
point before the market is even near entering the trade. And just want to
entering the trade. And just want to prepare you guys mentally for that. That
prepare you guys mentally for that. That if you try even remotely to skip this
if you try even remotely to skip this video straight to the entry section
video straight to the entry section because you can you're going to be
because you can you're going to be making a very big mistake because just
making a very big mistake because just because you have the entry portion of
because you have the entry portion of the trade doesn't mean that you
the trade doesn't mean that you understand how to have the whole entire
understand how to have the whole entire analysis of the trade before entering
analysis of the trade before entering it. You need to properly know how to
it. You need to properly know how to enter the trade prior to actually having
enter the trade prior to actually having the entry signal. Where is the trade? Do
the entry signal. Where is the trade? Do you have certain confluences? Are you at
you have certain confluences? Are you at a proper support and resistance? Do you
a proper support and resistance? Do you even know how to place a proper support
even know how to place a proper support and resistance? You have added
and resistance? You have added confluences that you can have before
confluences that you can have before your entry signal. There's so many more
your entry signal. There's so many more steps that go down before the entry
steps that go down before the entry signal that you skipping all the way to
signal that you skipping all the way to the entry signal portion is actually
the entry signal portion is actually going to cause you more damage than
going to cause you more damage than good. Just wanted to add this as a side
good. Just wanted to add this as a side note in there because I get it might be
note in there because I get it might be a lot of time for you to sit down and
a lot of time for you to sit down and watch this video, but I will tell you
watch this video, but I will tell you this. it's going to cost you a lot more
this. it's going to cost you a lot more time you trying to figure this out and
time you trying to figure this out and cheat your way through it and try to
cheat your way through it and try to just skip it when the best way to do it
just skip it when the best way to do it is just learn properly and take your
is just learn properly and take your time. Right? So with that being said,
time. Right? So with that being said, entry signal time frames are going to be
entry signal time frames are going to be this. And then the trending time frames
this. And then the trending time frames for top down analysis are going to be
for top down analysis are going to be this. So when we do our top down
this. So when we do our top down analysis, we are only going to be using
analysis, we are only going to be using the weekly, the daily, and the 4 hour.
the weekly, the daily, and the 4 hour. We don't involve the two hour, the 1
We don't involve the two hour, the 1 hour, the 30 or the 15 minutes until we
hour, the 30 or the 15 minutes until we are not ready to enter the trade. So
are not ready to enter the trade. So these time frames right here are
these time frames right here are completely avoided until we are ready to
completely avoided until we are ready to enter the trade. And we are not ready to
enter the trade. And we are not ready to enter the trade until quite some time.
enter the trade until quite some time. So for now, we will completely disregard
So for now, we will completely disregard all of these time frames and what an
all of these time frames and what an entry signal is. And our only focus for
entry signal is. And our only focus for right now is going to be the trend. And
right now is going to be the trend. And for us to identify the trend, we need to
for us to identify the trend, we need to do a top down analysis. And that is with
do a top down analysis. And that is with these three time frames the weekly, the
these three time frames the weekly, the daily and the 4 hour. Now the way to do
daily and the 4 hour. Now the way to do top down analysis
is to identify the structure on these
on these three time frames
three time frames to identify
to identify trend.
trend. So it's very simple. The way for us to
So it's very simple. The way for us to do a top deadline analysis is to
do a top deadline analysis is to identify the structure on these three
identify the structure on these three time frames to identify the trend.
time frames to identify the trend. Exactly what we've done right now.
Exactly what we've done right now. Perfect example is we can go right now
Perfect example is we can go right now to S&P 500 for example. We can go to a
to S&P 500 for example. We can go to a different market. For example, let's say
different market. For example, let's say we go to
we go to AUD JPY, right? For example, right? This
AUD JPY, right? For example, right? This is a real market that I'm actually
is a real market that I'm actually interested in trading. And we're just
interested in trading. And we're just going to go to a different server. So,
going to go to a different server. So, we don't have a bunch of stuff in our
we don't have a bunch of stuff in our way. We're going to start off on the
way. We're going to start off on the weekly time frame. Top.alysis. analysis
weekly time frame. Top.alysis. analysis is meant to literally start from the top
is meant to literally start from the top down. So remember, we don't want to be
down. So remember, we don't want to be looking at the market way too back to
looking at the market way too back to the point where we can't even look at
the point where we can't even look at the market structure where you can't
the market structure where you can't even see the candlesticks. And remember,
even see the candlesticks. And remember, you don't want to be super zoomed in to
you don't want to be super zoomed in to the point where you can only see the
the point where you can only see the last five candlesticks and you can't
last five candlesticks and you can't look much to the left. You want to get a
look much to the left. You want to get a healthy amount. For you to do a proper
healthy amount. For you to do a proper topdown analysis on the weekly time
topdown analysis on the weekly time frame, you should go backwards. Max
frame, you should go backwards. Max anywhere from five
anywhere from five to six years. Five to six years should
to six years. Five to six years should be the max. You go backwards to identify
be the max. You go backwards to identify structure. If something is bullish or
structure. If something is bullish or bearish five, six years back to identify
bearish five, six years back to identify the market structure. Now, I know this
the market structure. Now, I know this might seem like a lot. You're like,
might seem like a lot. You're like, Alex, that's a long time. That's a lot
Alex, that's a long time. That's a lot of market structure, but you really only
of market structure, but you really only need to do this one time. And you only
need to do this one time. And you only need to do this one time because once
need to do this one time because once you understand where the market is and
you understand where the market is and where it's bullish or bearish from, you
where it's bullish or bearish from, you really don't ever have to go back. So
really don't ever have to go back. So like let's say right now we go back
like let's say right now we go back five, six years and that's the max,
five, six years and that's the max, right? Because we don't really have to
right? Because we don't really have to go all the way to this point right here
go all the way to this point right here because we can very clearly tell this
because we can very clearly tell this has shifted to the upside and then we've
has shifted to the upside and then we've gone bullish or bearish. But let's say
gone bullish or bearish. But let's say if we were to go through all of this
if we were to go through all of this market structure right now, it would
market structure right now, it would probably take us 10 minutes, 15 minutes,
probably take us 10 minutes, 15 minutes, and then we end off with this market
and then we end off with this market being bullish or bearish to wherever,
being bullish or bearish to wherever, right? Just for a random example, let's
right? Just for a random example, let's just call this the higher high. Let's
just call this the higher high. Let's just call this the higher low, whatever.
just call this the higher low, whatever. Once this market breaks this structure
Once this market breaks this structure point, we don't have to go back five
point, we don't have to go back five years again to determine if this market
years again to determine if this market is indeed bullish or bearish. No, we
is indeed bullish or bearish. No, we just know if it breaks this structure
just know if it breaks this structure point, this market will then be bullish.
point, this market will then be bullish. that will be the higher high and then
that will be the higher high and then the higher low will be somewhere here
the higher low will be somewhere here and then we don't ever have to go back
and then we don't ever have to go back and do it again. And that's why I trade
and do it again. And that's why I trade or quote unquote trade. I analyze all of
or quote unquote trade. I analyze all of these different markets simply because I
these different markets simply because I just know where they are every single
just know where they are every single time because I already did the work. I
time because I already did the work. I already analyze the markets and I
already analyze the markets and I already know where they are. Like I
already know where they are. Like I already did all that work and all that
already did all that work and all that work is really not a lot of work. Just
work is really not a lot of work. Just kind of preparing for you guys for that.
kind of preparing for you guys for that. And then on the 4 hour,
And then on the 4 hour, the max we could go back is going to be
the max we could go back is going to be anywhere from six to 12 months
anywhere from six to 12 months back to identify the market structure.
back to identify the market structure. So make sure you guys write this down.
So make sure you guys write this down. You guys don't need to go further than
You guys don't need to go further than this to determine if something is
this to determine if something is bullish or if something is bearish. So
bullish or if something is bearish. So if we can just go over to the line chart
if we can just go over to the line chart for us to have a very clear indication
for us to have a very clear indication to determine if this is bullish or
to determine if this is bullish or bearish. All we can see here is that
bearish. All we can see here is that this market at one point started from
this market at one point started from this high point. This was a higher low.
this high point. This was a higher low. Now we can just start off from this
Now we can just start off from this point. It'll be very easy for us to
point. It'll be very easy for us to determine this. So if you are confused
determine this. So if you are confused and you are a beginner and you can't do
and you are a beginner and you can't do it off of the candlesticks just yet,
it off of the candlesticks just yet, don't worry. You can just go ahead and
don't worry. You can just go ahead and use your trusty line chart and that'll
use your trusty line chart and that'll be your cheat sheet. That'll be your
be your cheat sheet. That'll be your hack. But if I were to be using the
hack. But if I were to be using the candlesticks, I can tell that this is
candlesticks, I can tell that this is the higher high off of that body right
the higher high off of that body right there. And then I can tell that this is
there. And then I can tell that this is the higher low based off of that body
the higher low based off of that body right there. We switch over back to the
right there. We switch over back to the line chart and look at that perfect
line chart and look at that perfect accuracy right to the structure point.
accuracy right to the structure point. So we know that this is the higher high.
So we know that this is the higher high. Excuse me. This is the higher low on the
Excuse me. This is the higher low on the weekly.
weekly. And then we understand that this is the
And then we understand that this is the daily higher high. Cool. We know as long
daily higher high. Cool. We know as long as we remain inside of here, we are
as we remain inside of here, we are bullish. When we break below, we are
bullish. When we break below, we are bearish. Look at that. We go out to the
bearish. Look at that. We go out to the daily time frame and what do we have? a
daily time frame and what do we have? a daily body candlestick closure below.
daily body candlestick closure below. Now what does that mean? That means that
Now what does that mean? That means that now this if it has confirmed closed
now this if it has confirmed closed below and as of right now it hasn't
below and as of right now it hasn't closed. Let's see if this candlestick
closed. Let's see if this candlestick has closed. Now it has officially
has closed. Now it has officially confirmed close below. This is the
confirmed close below. This is the weekly lower low. Cool. This is the
weekly lower low. Cool. This is the weekly lower low. And then our weekly
weekly lower low. And then our weekly lower high goes to which point? Well, if
lower high goes to which point? Well, if this is the head of the snake, we start
this is the head of the snake, we start going backwards. This is the first turn.
going backwards. This is the first turn. That right there is indeed going to be
That right there is indeed going to be the actual lower high. So this point
the actual lower high. So this point over here is now going to be turned into
over here is now going to be turned into the daily, excuse me, the weekly lower
the daily, excuse me, the weekly lower high. Human error weekly
high. Human error weekly lower high. Cool. We know as long as we
lower high. Cool. We know as long as we are inside of the structure, this is
are inside of the structure, this is still the continuation cells. The
still the continuation cells. The candlestick hasn't closed. Would you
candlestick hasn't closed. Would you look at that? Still hasn't still pushing
look at that? Still hasn't still pushing down. We keep we do the snake trick once
down. We keep we do the snake trick once again. There's still no stopping point.
again. There's still no stopping point. So, this move hasn't hasn't stopped just
So, this move hasn't hasn't stopped just yet. Cool. Looks like it's going to be
yet. Cool. Looks like it's going to be stopping somewhere around here. And that
stopping somewhere around here. And that looks like exactly where it's going to
looks like exactly where it's going to stop. Let me confirm based off of the
stop. Let me confirm based off of the line chart. Beautiful. It stopped at
line chart. Beautiful. It stopped at that point right there. Beautiful
that point right there. Beautiful perfection execution. We continue
perfection execution. We continue following this market structure. As long
following this market structure. As long as we are in between this lower high and
as we are in between this lower high and lower low, we are still bearish. Would
lower low, we are still bearish. Would you look at that? We body candlestick
you look at that? We body candlestick closed below. That makes this the new
closed below. That makes this the new lower low. We do the snake trick. This
lower low. We do the snake trick. This right here becomes the lower high. You
right here becomes the lower high. You need some clarity, just hop back on over
need some clarity, just hop back on over the line chart and take a look at it.
the line chart and take a look at it. Lower low, lower high. As long as we
Lower low, lower high. As long as we don't body candlestick close above this,
don't body candlestick close above this, we are still bearish. And would you look
we are still bearish. And would you look at that? We did indeed body candlestick
at that? We did indeed body candlestick close above this becomes the higher
close above this becomes the higher high. So this is now weekly higher high.
high. So this is now weekly higher high. And then this becomes the weekly higher
And then this becomes the weekly higher low. And we basically do this all the
low. And we basically do this all the way up until the point where we
way up until the point where we understand where the market is right
understand where the market is right now. This is extremely healthy for your
now. This is extremely healthy for your vision when it comes to seeing the
vision when it comes to seeing the market patterns and determining if
market patterns and determining if something is bullish or bearish. As you
something is bullish or bearish. As you can tell here, it has struggled
can tell here, it has struggled extremely hard to break above that
extremely hard to break above that structure point. And this is showing the
structure point. And this is showing the power of these higher high and these
power of these higher high and these structure points. Look how strong that
structure points. Look how strong that line was that it for nearly six weeks. 1
line was that it for nearly six weeks. 1 2 3 4 5 nearly seven weeks it did not
2 3 4 5 nearly seven weeks it did not manage to break above. It made it all
manage to break above. It made it all the way to this close and it never body
the way to this close and it never body closed. Now it did body close below. So
closed. Now it did body close below. So this becomes a new lower low. Then this
this becomes a new lower low. Then this over here becomes the lower high. So we
over here becomes the lower high. So we are now bearish. Then this becomes the
are now bearish. Then this becomes the lower low. Then this becomes the lower
lower low. Then this becomes the lower high. We are now bearish inside of this
high. We are now bearish inside of this move. Once we body close above, we then
move. Once we body close above, we then go bullish. We wicked out. Never
go bullish. We wicked out. Never actually were able to body candlestick
actually were able to body candlestick close above and uh we are about to do it
close above and uh we are about to do it very soon. Now we have officially closed
very soon. Now we have officially closed above. That is the higher high. This is
above. That is the higher high. This is the higher low. We're just following a
the higher low. We're just following a live right now just so we can not waste
live right now just so we can not waste too much time on these examples, but
too much time on these examples, but everything is pretty obvious on where it
everything is pretty obvious on where it is. So we're just continuing from this
is. So we're just continuing from this lower high, this lower low, then this
lower high, this lower low, then this becomes the higher high. And then this
becomes the higher high. And then this structure point right here becomes the
structure point right here becomes the higher low. So we could go out to the
higher low. So we could go out to the weekly time frame just to confirm,
weekly time frame just to confirm, excuse me, we go out to the line line
excuse me, we go out to the line line chart just to confirm. And look at that.
chart just to confirm. And look at that. That is the weekly higher high. That is
That is the weekly higher high. That is the weekly higher low. So right now all
the weekly higher low. So right now all we are doing is top down analysis to
we are doing is top down analysis to determine if this is bullish or bearish.
determine if this is bullish or bearish. And the weekly is bullish. This is the
And the weekly is bullish. This is the higher high and this is the higher low.
higher high and this is the higher low. I am not making this up. This is not
I am not making this up. This is not part of my strategy just yet. At this
part of my strategy just yet. At this point right now, I am just exe I'm just
point right now, I am just exe I'm just educating you on how to read the market.
educating you on how to read the market. Next, we go down to the daily time
Next, we go down to the daily time frame. We would pretty much do the exact
frame. We would pretty much do the exact same thing. We could start off from
same thing. We could start off from whichever point, but we can start off
whichever point, but we can start off from right here. And it would be very
from right here. And it would be very obvious if we would just hop over to the
obvious if we would just hop over to the line chart that this market at one point
line chart that this market at one point was creating these higher highs and
was creating these higher highs and higher lows. And we can pretty much just
higher lows. And we can pretty much just pick it up from like right around here.
pick it up from like right around here. This right here would be the lower high.
This right here would be the lower high. This right here would be the lower low,
This right here would be the lower low, lower high. We body candlestick close
lower high. We body candlestick close above. Then this would be the higher
above. Then this would be the higher high. I would leave that as a higher
high. I would leave that as a higher low. Let me go to the candlestick to
low. Let me go to the candlestick to confirm. Yes, because if this was the
confirm. Yes, because if this was the lower high at one point, correct? This
lower high at one point, correct? This was the lower high. This was the lower
was the lower high. This was the lower low. I wouldn't really count that as a
low. I wouldn't really count that as a structure point simply because it's not
structure point simply because it's not as strong or as significant.
as strong or as significant. Once this move has actually closed above
Once this move has actually closed above and we created this new higher high
and we created this new higher high prior to this candle, if I'm looking
prior to this candle, if I'm looking down, I don't see any clean elbows. I
down, I don't see any clean elbows. I don't see any clean structure points. I
don't see any clean structure points. I don't it's just it just looks like one
don't it's just it just looks like one clean continuation up. The head of the
clean continuation up. The head of the snake can very clearly just move on
snake can very clearly just move on right through there. It's not like a
right through there. It's not like a move like this. If this were to be the
move like this. If this were to be the head of the snake, it would actually
head of the snake, it would actually have to like go and make that turn. I
have to like go and make that turn. I don't see any significant turns at that
don't see any significant turns at that point right there. Meaning that then I
point right there. Meaning that then I would include
would include for this to be the higher low. Obviously
for this to be the higher low. Obviously this candlestick now closes above this
this candlestick now closes above this becomes the higher high. This becomes
becomes the higher high. This becomes the higher low and then I would count
the higher low and then I would count this as the higher high. I would not
this as the higher high. I would not count that as the higher low. But let's
count that as the higher low. But let's see what it looks like on the line
see what it looks like on the line charts. And if we were to look at that
charts. And if we were to look at that on the line chart, it could be
on the line chart, it could be considered the higher low. And this is
considered the higher low. And this is where experience and just being part of
where experience and just being part of just being in front of the markets for
just being in front of the markets for hours will lead you to be able to make
hours will lead you to be able to make this analysis. I personally would not
this analysis. I personally would not count that as the higher low. Even
count that as the higher low. Even though on the line chart it does look
though on the line chart it does look like the higher low. If you were to look
like the higher low. If you were to look at it on the daily candlestick, if you
at it on the daily candlestick, if you were to ask me, the head of the snake
were to ask me, the head of the snake would just simply come right on through
would just simply come right on through there and not do a significant turn. It
there and not do a significant turn. It can easily just slide right on through
can easily just slide right on through there. this market structure is far more
there. this market structure is far more significant and I could actually doing
significant and I could actually doing see it doing a turn before continuating
see it doing a turn before continuating to the upside. Now, I know in the past
to the upside. Now, I know in the past for my advanced students, if any of you
for my advanced students, if any of you guys are in here, I know a lot of you
guys are in here, I know a lot of you guys sometimes say, "Yep, that's exactly
guys sometimes say, "Yep, that's exactly what I learned inside of my strategy
what I learned inside of my strategy because a one candlestick pullback, I'm
because a one candlestick pullback, I'm not saying it's not significant enough,
not saying it's not significant enough, but it it would need to be a lot cleaner
but it it would need to be a lot cleaner in order for me to actually consider it
in order for me to actually consider it as a structured pullback." And this one
as a structured pullback." And this one candlestick right here to me is simply
candlestick right here to me is simply not strong enough. There's other
not strong enough. There's other different examples of a one candlestick
different examples of a one candlestick pullback that could look far more
pullback that could look far more interesting and far more respectful. It
interesting and far more respectful. It looks a lot more like structure point
looks a lot more like structure point compared to that candle. Even if
compared to that candle. Even if something as small as this, as you can
something as small as this, as you can tell, this right here actually had an
tell, this right here actually had an engulfing candlestick and then it had
engulfing candlestick and then it had the push up. I would personally count
the push up. I would personally count this as a pullback compared to the other
this as a pullback compared to the other one just because this has more of a body
one just because this has more of a body to it. It has more of a statement to it.
to it. It has more of a statement to it. This right here shows me some type of
This right here shows me some type of elbow. And if we were to look at it on
elbow. And if we were to look at it on the line chart, it looks exactly the
the line chart, it looks exactly the same as the market structure that we're
same as the market structure that we're running into right now. But this looks a
running into right now. But this looks a lot more respected. This right here
lot more respected. This right here looks pretty soft in my opinion. And I
looks pretty soft in my opinion. And I want personally I want to risk my money
want personally I want to risk my money on something that I feel comfortable
on something that I feel comfortable with and something that is respected.
with and something that is respected. And to me, I don't see the market
And to me, I don't see the market respecting that structure point right
respecting that structure point right there. Right. So daily time frame, we
there. Right. So daily time frame, we are also indeed bullish. So this is the
are also indeed bullish. So this is the daily higher high. This is the daily
daily higher high. This is the daily higher low, weekly higher high, weekly
higher low, weekly higher high, weekly higher low. Cool. Pretty easy, pretty
higher low. Cool. Pretty easy, pretty self-explanatory. Now, I want you guys
self-explanatory. Now, I want you guys to go ahead and pause this video and
to go ahead and pause this video and tell me whether this 4hour time frame is
tell me whether this 4hour time frame is bullish or if this 4hour time frame is
bullish or if this 4hour time frame is bearish. Go ahead, pause this video. I'm
bearish. Go ahead, pause this video. I'm going to give you guys 5 seconds to
going to give you guys 5 seconds to determine if this is bullish or if this
determine if this is bullish or if this is bearish just based off of the line
is bearish just based off of the line chart. Go ahead. If you make a mistake,
chart. Go ahead. If you make a mistake, it's okay. Don't worry. It's very
it's okay. Don't worry. It's very tricky. But go ahead.
All right, you guys came back. So the 4hour time frame, if we were to follow
4hour time frame, if we were to follow just the structure point, obviously this
just the structure point, obviously this would be a higher low. This would be a
would be a higher low. This would be a higher high. Arguably, this can be a
higher high. Arguably, this can be a higher low. And then this could be a
higher low. And then this could be a higher high up here. But let's see what
higher high up here. But let's see what it looks like on the actual candlestick
it looks like on the actual candlestick chart. Well, if you notice on the
chart. Well, if you notice on the candlestick chart, the body line has
candlestick chart, the body line has officially closed above that structure
officially closed above that structure point right there. And I would consider
point right there. And I would consider this to be the higher high. I would have
this to be the higher high. I would have actually never considered this to be the
actually never considered this to be the higher low for the exact same example
higher low for the exact same example that we just did on the daily time
that we just did on the daily time frame. I would have actually considered
frame. I would have actually considered this the higher low. But the point is
this the higher low. But the point is that it doesn't even matter because this
that it doesn't even matter because this structure actually closed above making
structure actually closed above making that the higher high and then making
that the higher high and then making this right here the higher low. If that
this right here the higher low. If that was the higher low, that was the higher
was the higher low, that was the higher high. The market shifted it making this
high. The market shifted it making this now bearish. So then this became the
now bearish. So then this became the lower low. Then if we that becomes the
lower low. Then if we that becomes the lower low. We do the head of the snake.
lower low. We do the head of the snake. We start working backwards. That's the
We start working backwards. That's the first turn. That is then going to be the
first turn. That is then going to be the 4hour lower high. And then if this is
4hour lower high. And then if this is the 4hour lower low, let me just erase
the 4hour lower low, let me just erase this right here. If this then becomes a
this right here. If this then becomes a 4-hour lower low, we then do the head of
4-hour lower low, we then do the head of the snake. This is then going to be the
the snake. This is then going to be the lower high. That right there is why this
lower high. That right there is why this 4hour time frame is indeed bearish. So
4hour time frame is indeed bearish. So this time frame is actually bearish. Let
this time frame is actually bearish. Let me just put that right back up there.
me just put that right back up there. There should be a right there. So this
There should be a right there. So this is the 4hour lower low and then this is
is the 4hour lower low and then this is the 4our lower high.
the 4our lower high. 4 hour
4 hour lower high.
lower high. 4our
4our lower low. So, if you said that this was
lower low. So, if you said that this was bearish, I want to make sure that you
bearish, I want to make sure that you understand why this is bearish. If you
understand why this is bearish. If you were say that it's bullish, I want you
were say that it's bullish, I want you to understand why you weren't correct
to understand why you weren't correct that it was bullish. You should have
that it was bullish. You should have obviously very easily seen that this
obviously very easily seen that this broke above this structure point and
broke above this structure point and that was the higher high. And if that's
that was the higher high. And if that's the higher high, that's very clearly the
the higher high, that's very clearly the higher low. We broke below, lower low,
higher low. We broke below, lower low, lower high, lower low. So, the 4hour
lower high, lower low. So, the 4hour time frame is indeed bearish. Now, at
time frame is indeed bearish. Now, at this point of us analyzing this market,
this point of us analyzing this market, this is pretty much what it looks like.
this is pretty much what it looks like. This is our top down analysis at this
This is our top down analysis at this point right now. So, if we were to look
point right now. So, if we were to look at everything on the daily time frame,
at everything on the daily time frame, which is probably my best my my I I say
which is probably my best my my I I say it's my favorite time frame just because
it's my favorite time frame just because you can kind of see everything without
you can kind of see everything without it being either too far or too close in.
it being either too far or too close in. You can very clearly see here where the
You can very clearly see here where the weekly higher low and weekly higher high
weekly higher low and weekly higher high is. You can see where the daily higher
is. You can see where the daily higher high and the daily higher low is. And
high and the daily higher low is. And then you can see where the 4hour lower
then you can see where the 4hour lower high and the 4our lower low is. Now this
high and the 4our lower low is. Now this top down analysis looks pretty empty in
top down analysis looks pretty empty in my opinion. Right? You might be looking
my opinion. Right? You might be looking at all these lines and you might be
at all these lines and you might be like, "Okay, Alex, cool. I understand
like, "Okay, Alex, cool. I understand that the daily is bullish because of
that the daily is bullish because of this and I understand that the weekly is
this and I understand that the weekly is bullish because of this." Now, what do I
bullish because of this." Now, what do I do with that information? Well, that
do with that information? Well, that information is actually extremely
information is actually extremely powerful because you understanding that
powerful because you understanding that you have two time frames in sync is the
you have two time frames in sync is the most powerful thing that you can
most powerful thing that you can possibly do. Now, you might be saying,
possibly do. Now, you might be saying, "Wait, what the Alex say? Two time
"Wait, what the Alex say? Two time frames in sync?" Yes, you need two
frames in sync?" Yes, you need two consecutive
consecutive time frames
time frames in sync
in sync in order to be interested
in order to be interested in a trade. Now,
in a trade. Now, these two time frames could pretty much
these two time frames could pretty much consist of two different formats. You
consist of two different formats. You either have the weekly and the daily
either have the weekly and the daily or you have the daily
or you have the daily and the 4 hour.
and the 4 hour. You either have both of these that are
You either have both of these that are bullish or you have both of these that
bullish or you have both of these that are bullish or both of these that are
are bullish or both of these that are bearish or both of these that are
bearish or both of these that are bearish. If you were to have let's say
bearish. If you were to have let's say for example the weekly time frame that
for example the weekly time frame that is going to be let's say bullish and
is going to be let's say bullish and then you have the daily time frame that
then you have the daily time frame that is going to be bearish and then you have
is going to be bearish and then you have the 4hour time frame that is going to be
the 4hour time frame that is going to be bullish that is not two consecutive time
bullish that is not two consecutive time frames in sync. You need to at least a
frames in sync. You need to at least a minimum have two time frames in sync
minimum have two time frames in sync weekly and then daily or 4hour and then
weekly and then daily or 4hour and then daily. So you need to pick which ones
daily. So you need to pick which ones you're going to trade together because
you're going to trade together because that right there is what's going to let
that right there is what's going to let you know that you are trading with the
you know that you are trading with the trend. Now at this very moment you have
trend. Now at this very moment you have the weekly and the daily in your favor.
the weekly and the daily in your favor. Meaning that you have the highest
Meaning that you have the highest possible time frames in your direction.
possible time frames in your direction. So it makes the most logical sense to
So it makes the most logical sense to buy. Now I'm not saying that it's a good
buy. Now I'm not saying that it's a good time to buy right now. I'm just saying
time to buy right now. I'm just saying that critique right there that we have
that critique right there that we have just done will remove 50% of the markets
just done will remove 50% of the markets out of our watch list every single week
out of our watch list every single week because sometimes some markets just
because sometimes some markets just aren't consecutively having two time
aren't consecutively having two time frames in sync. They aren't trending
frames in sync. They aren't trending together. They are, you know, one could
together. They are, you know, one could be bullish, the other can be bearish,
be bullish, the other can be bearish, the other can just be the other. It just
the other can just be the other. It just doesn't even matter. They're not in
doesn't even matter. They're not in sync. What you want to do is you want to
sync. What you want to do is you want to create the base first by having two
create the base first by having two consecutive time frames in sync for you
consecutive time frames in sync for you to be interested in the trade. For you
to be interested in the trade. For you to be like, "Okay, cool. I have the
to be like, "Okay, cool. I have the trend in my favor with two time frames.
trend in my favor with two time frames. All I have to do is either one, take the
All I have to do is either one, take the risk by not waiting for the third or
risk by not waiting for the third or wait for the third to go bullish and
wait for the third to go bullish and then I trade with that time frame as
then I trade with that time frame as well." Now, at that point, all the stars
well." Now, at that point, all the stars are aligning and it's literally telling
are aligning and it's literally telling you to just continue buying. It makes
you to just continue buying. It makes everything extremely easy and it is not
everything extremely easy and it is not a high-risisk trade. Now, I get it
a high-risisk trade. Now, I get it earlier. You might have seen me sell
earlier. You might have seen me sell this AUD JPY trade and I'll explain all
this AUD JPY trade and I'll explain all of that later into the future of this
of that later into the future of this video. That was a very high-risisk trade
video. That was a very high-risisk trade that I was taking and that's why I also
that I was taking and that's why I also took a very high risk trade on USDCHF
took a very high risk trade on USDCHF and I lost. But that's just me trading,
and I lost. But that's just me trading, breaking the rules, and making mistakes
breaking the rules, and making mistakes right now. But I'm going to explain to
right now. But I'm going to explain to you guys how to do things the right way
you guys how to do things the right way first. Before you learn how to become a
first. Before you learn how to become a drifter or do a burnout in a car or even
drifter or do a burnout in a car or even switch lanes and and race, you first
switch lanes and and race, you first need to understand how to drive a car,
need to understand how to drive a car, how to properly drive in the roads, and
how to properly drive in the roads, and how a car even works. You can't think or
how a car even works. You can't think or compare yourself to somebody that is a
compare yourself to somebody that is a professional street racer when you don't
professional street racer when you don't even know what a transmission is, right?
even know what a transmission is, right? So everything is baby steps, one step at
So everything is baby steps, one step at a time. So for top down analysis, the
a time. So for top down analysis, the main main main main main main main thing
main main main main main main main thing is to just determine where the market
is to just determine where the market is. And right here you have pretty much
is. And right here you have pretty much cornered the market, right? You have
cornered the market, right? You have locked the market in to essentially this
locked the market in to essentially this spot right here where it is right now.
spot right here where it is right now. So the market is very very very
So the market is very very very big, right? And it could be very
big, right? And it could be very intimidating when you look at it like
intimidating when you look at it like this because you see so much happening
this because you see so much happening to the left, so much happening up here,
to the left, so much happening up here, so much happening down here. But what if
so much happening down here. But what if I told you that you no longer have to
I told you that you no longer have to look at any of this stuff? This is all
look at any of this stuff? This is all completely irrelevant. All you have to
completely irrelevant. All you have to focus on and look at is right here. This
focus on and look at is right here. This is all you really have to look at
is all you really have to look at because this is your zone of where
because this is your zone of where you're trading in. You're trading within
you're trading in. You're trading within the higher high and higher low. Traders
the higher high and higher low. Traders make a mistake and they're like, "Okay,
make a mistake and they're like, "Okay, yeah, this market right here, sure it's
yeah, this market right here, sure it's bullish, but then I'm going to make this
bullish, but then I'm going to make this level down here. here. I'm going to make
level down here. here. I'm going to make this my support level, and then I'm
this my support level, and then I'm going to make this my support level, and
going to make this my support level, and then I'm going to make this my
then I'm going to make this my resistance level. It's like, all right,
resistance level. It's like, all right, uh Jeff, you understand that if the
uh Jeff, you understand that if the market comes back into this support
market comes back into this support level that you're claiming that it
level that you're claiming that it should come back to, you understand that
should come back to, you understand that the market is no longer going to be
the market is no longer going to be bullish at that zone, right? You
bullish at that zone, right? You understand that, right? You understand
understand that, right? You understand that if the market makes it to this
that if the market makes it to this support level that you claim the market
support level that you claim the market should have a reaction from, the market
should have a reaction from, the market will then be bearish because it's
will then be bearish because it's breaking below the higher low, that is
breaking below the higher low, that is going to be then the lower low. And then
going to be then the lower low. And then if that is bearish, then there's an
if that is bearish, then there's an extremely high chance that the daily
extremely high chance that the daily time frame is also going to be bearish
time frame is also going to be bearish and so is the 4 hour. So at that point,
and so is the 4 hour. So at that point, does it even make sense to buy?
does it even make sense to buy? Absolutely not. It's going to make more
Absolutely not. It's going to make more sense to then sell. So that is the
sense to then sell. So that is the beauty of the way that I trade. I
beauty of the way that I trade. I eliminate all of the noise from the
eliminate all of the noise from the markets and all of the stuff to the left
markets and all of the stuff to the left that can just cause confusion. And I
that can just cause confusion. And I basically let you dial in and focus on
basically let you dial in and focus on just a very specific part in the chart.
just a very specific part in the chart. And that's all you really have to do.
And that's all you really have to do. You really only have to focus yourself
You really only have to focus yourself inside of this zone right here. And I'm
inside of this zone right here. And I'm going to educate you now how to focus on
going to educate you now how to focus on this exact zone. Same exact thing goes
this exact zone. Same exact thing goes for the daily. Traders would come here
for the daily. Traders would come here to the to the daily time frame, excuse
to the to the daily time frame, excuse me, and then they would place this as a
me, and then they would place this as a support level.
support level. places as a support level like yeah once
places as a support level like yeah once it gets here I'll then buy it and then
it gets here I'll then buy it and then yeah and then I'll I'll I'll sell it
yeah and then I'll I'll I'll sell it here. It's like bro you understand if
here. It's like bro you understand if like it comes down here the daily will
like it comes down here the daily will be bearish and so will the weekly. Why
be bearish and so will the weekly. Why would you even buy at that point and no
would you even buy at that point and no longer make sense? So this top down
longer make sense? So this top down analysis not only does it let you
analysis not only does it let you understand where the time frames are and
understand where the time frames are and where the market is but it also lets you
where the market is but it also lets you focus on a specific zone in the chart.
focus on a specific zone in the chart. We only need to look within this higher
We only need to look within this higher highs and these higher lows. We don't
highs and these higher lows. We don't care what happened down here. We don't
care what happened down here. We don't care what happened up here. That is
care what happened up here. That is completely irrelevant to what we have
completely irrelevant to what we have going on right now. This is where we are
going on right now. This is where we are focusing on the charts right now. So top
focusing on the charts right now. So top down analysis and the way that it works
down analysis and the way that it works is all based off of market structure.
is all based off of market structure. Market structure will lead us to
Market structure will lead us to understand if something is bullish or if
understand if something is bullish or if something is bearish. Now, we're going
something is bearish. Now, we're going to be using the line chart back and
to be using the line chart back and forth to determine that these structure
forth to determine that these structure points are actually valid and valuable.
points are actually valid and valuable. Now obviously we don't want to be
Now obviously we don't want to be looking at the 4our structure where
looking at the 4our structure where we're in the daily just doesn't really
we're in the daily just doesn't really make sense. So you can either do one
make sense. So you can either do one thing you can you know double click this
thing you can you know double click this line can click visibility and then it
line can click visibility and then it just won't be available on the daily and
just won't be available on the daily and then you can click the 4 hour here click
then you can click the 4 hour here click on visibility and it won't be available
on visibility and it won't be available on the daily. Now here you can focus on
on the daily. Now here you can focus on the higher time frame stuff. When you go
the higher time frame stuff. When you go down to the 4 hour there, you're going
down to the 4 hour there, you're going to get access to the 4our higher low,
to get access to the 4our higher low, lower high and lower low. Just a little
lower high and lower low. Just a little bit of a of a tricky secret trick that I
bit of a of a tricky secret trick that I have sometimes when there's too many
have sometimes when there's too many things in front of the charts and I want
things in front of the charts and I want to clear things up, right? So, top down
to clear things up, right? So, top down analysis is done. Just going to write
analysis is done. Just going to write this down. Top down analysis
this down. Top down analysis is to determine if something is bullish
is to determine if something is bullish or bearish based off the trend time
or bearish based off the trend time frames.
frames. Once we determine that something is
Once we determine that something is bullish or bearish,
bullish or bearish, we will then place the higher high,
we will then place the higher high, higher low, lower high, and lower low on
higher low, lower high, and lower low on the weekly, daily, and 4our to trap
the weekly, daily, and 4our to trap price. So, this right here is the
price. So, this right here is the stepby-step way. Do the top down
stepby-step way. Do the top down analysis to determine if something is
analysis to determine if something is bullish or bearish based off of the
bullish or bearish based off of the trend time frames. So we know that the
trend time frames. So we know that the weekly, the daily, the 4 hour are the 10
weekly, the daily, the 4 hour are the 10 the trend time frames. Once you
the trend time frames. Once you determine that something is bullish or
determine that something is bullish or bearish, we place the higher high,
bearish, we place the higher high, higher low, lower high, lower low,
higher low, lower high, lower low, whatever the case is on these three time
whatever the case is on these three time frames to trap price. Now that you have
frames to trap price. Now that you have determined that you these time frames
determined that you these time frames are like this, then you're going to go
are like this, then you're going to go to the next step. After you have done
to the next step. After you have done your proper top analysis, next comes
your proper top analysis, next comes area of interest slashs support and
area of interest slashs support and resistance. slash not residence
resistance. slash not residence resistance
resistance slash supply and demand slashorder
slash supply and demand slashorder block. All of this stuff right here is
block. All of this stuff right here is the exact same thing. Area of interest
the exact same thing. Area of interest is a support and resistance. It's a
is a support and resistance. It's a supply and demand zone and it's an order
supply and demand zone and it's an order block. So once you've done your top
block. So once you've done your top analysis, which is what we've done right
analysis, which is what we've done right now, next we move into support and
now, next we move into support and resistance and all of this stuff. So
resistance and all of this stuff. So let's get into that right now. Now,
let's get into that right now. Now, before I I I show you how to do this on
before I I I show you how to do this on the chart, I first need to tell you what
the chart, I first need to tell you what this is right here. What is support and
this is right here. What is support and resistance? What is supply and demand
resistance? What is supply and demand zone? What is an order block? What is a
zone? What is an order block? What is a all of this, right?
all of this, right? Very simple. Now, the market as as we
Very simple. Now, the market as as we have already said in the past, it moves
have already said in the past, it moves based off of trend and structure points.
based off of trend and structure points. Now all of these structure points right
Now all of these structure points right here leave a history or leave a trail in
here leave a history or leave a trail in the market and this trail in the market
the market and this trail in the market tends to get respected time and time and
tends to get respected time and time and time again when we cross through these
time again when we cross through these areas. So a level of support or a level
areas. So a level of support or a level of supply and demand is just simply an
of supply and demand is just simply an area that the market has not only
area that the market has not only reacted to it once but it could
reacted to it once but it could potentially react to it again. So all of
potentially react to it again. So all of these elbow points, all of these
these elbow points, all of these structure points, they're leaving a
structure points, they're leaving a story, right? They're leaving something
story, right? They're leaving something in the past. And this in the past can
in the past. And this in the past can potentially repeat itself again. So all
potentially repeat itself again. So all of these structure points say a story.
of these structure points say a story. Now, what if I told you that whenever
Now, what if I told you that whenever we're below it and it's done it in the
we're below it and it's done it in the past, it could potentially do it again.
past, it could potentially do it again. So if we just start off from this left
So if we just start off from this left point right over here, and we get a
point right over here, and we get a little little box, we get a little
little little box, we get a little trusty zone. we start going to the left.
trusty zone. we start going to the left. As you can tell, when we are below, we
As you can tell, when we are below, we are also indeed rejecting it. And what a
are also indeed rejecting it. And what a coincidence that when we are above that
coincidence that when we are above that zone, we are also rejecting it. All
zone, we are also rejecting it. All right, cool. Now price has broken below
right, cool. Now price has broken below this area. It came back and retested it.
this area. It came back and retested it. What a coincidence that we also rejected
What a coincidence that we also rejected when we're below. Cool. Now, what a
when we're below. Cool. Now, what a coincidence. When we are above, we also
coincidence. When we are above, we also came and retested it. Wow. What a
came and retested it. Wow. What a coincidence. Exactly how we've done in
coincidence. Exactly how we've done in the past. Exactly how we've done in the
the past. Exactly how we've done in the past right here as well. Okay, cool.
past right here as well. Okay, cool. Keep going to the left and just for
Keep going to the left and just for examples purposes, we're going to modify
examples purposes, we're going to modify this this right here. Wow, what a
this this right here. Wow, what a coincidence. Whenever we are below, we
coincidence. Whenever we are below, we are also rejecting it. So this right
are also rejecting it. So this right here where you are seeing this blue box,
here where you are seeing this blue box, this right here is a supply and demand
this right here is a supply and demand zone. This right here is a support and
zone. This right here is a support and this right here is a resistance. This
this right here is a resistance. This right here is an order block. This right
right here is an order block. This right here is an area of interest.
here is an area of interest. It is all the same [ __ ] Supply and
It is all the same [ __ ] Supply and demand zone, support and resistance,
demand zone, support and resistance, order blocks, all of this is literally
order blocks, all of this is literally the same [ __ ] People have complicated
the same [ __ ] People have complicated this over the last couple of years. I
this over the last couple of years. I don't know why, but it's all the same
don't know why, but it's all the same thing. It's an area of interest. It's an
thing. It's an area of interest. It's an area where the trade where once the
area where the trade where once the market gets there, it's an area that you
market gets there, it's an area that you are interested in because the market has
are interested in because the market has a reaction from it. Whenever we are
a reaction from it. Whenever we are above, we use it as support. Whenever we
above, we use it as support. Whenever we are below, we use it as resistance.
are below, we use it as resistance. Support and resistance is extremely
Support and resistance is extremely simple.
simple. Support is literally exactly what it
Support is literally exactly what it says. It is support. It is when price is
says. It is support. It is when price is being held up from something. Right now,
being held up from something. Right now, if I were to push up from this table, I
if I were to push up from this table, I am using this table as support to then
am using this table as support to then lift myself up. This right here is a
lift myself up. This right here is a support area. Price is using this area
support area. Price is using this area as a support area to lift itself up.
as a support area to lift itself up. That is my support to then stand up from
That is my support to then stand up from this desk if I want to stand up. But
this desk if I want to stand up. But let's say I'm a [ __ ] giant and let's
let's say I'm a [ __ ] giant and let's say I'm 10 feet tall. As soon as I stand
say I'm 10 feet tall. As soon as I stand up from this table, I hit the top of
up from this table, I hit the top of this screen right here that's going on.
this screen right here that's going on. Or if anything, I can also do it like
Or if anything, I can also do it like this, right? As soon as I stand up from
this, right? As soon as I stand up from the table and I use this as the support,
the table and I use this as the support, I come up and then boom, I hit this top
I come up and then boom, I hit this top of the screen. This is the resistance
of the screen. This is the resistance level. This is what's going to then push
level. This is what's going to then push me back down. And then I'm going to try
me back down. And then I'm going to try and push off of support again. And then
and push off of support again. And then I hit resistance, which is going to be
I hit resistance, which is going to be the ceiling of the screen. And then I
the ceiling of the screen. And then I hit support. And then the top of the
hit support. And then the top of the screen is resistance. And then the
screen is resistance. And then the battle goes on. Right now, can this
battle goes on. Right now, can this resistance be used as support? And can
resistance be used as support? And can this support right here be used as
this support right here be used as resistance? Absolutely. Right now, since
resistance? Absolutely. Right now, since I am above the support level, I am
I am above the support level, I am pushing price. I'm pushing myself up.
pushing price. I'm pushing myself up. But if I were to get out of the way and
But if I were to get out of the way and I were to get under my desk, I can use
I were to get under my desk, I can use this same uh uh no desk to push myself
this same uh uh no desk to push myself down. So, I'm using the same support
down. So, I'm using the same support area as then resistance to pull myself
area as then resistance to pull myself down. Now, if I can somehow figure out a
down. Now, if I can somehow figure out a way to get on top of this screen right
way to get on top of this screen right here and then I use myself as support, I
here and then I use myself as support, I can then make this resistance level a
can then make this resistance level a support level where then I'm going to
support level where then I'm going to grab myself and then bring myself up.
grab myself and then bring myself up. That is exactly how price works. This
That is exactly how price works. This right here is the support level.
right here is the support level. Whenever price is above it, it's using
Whenever price is above it, it's using it as support. Whenever price is at a
it as support. Whenever price is at a resistance, it's using it as resistance.
resistance, it's using it as resistance. Can the resistance be turned into
Can the resistance be turned into support? Absolutely. We just have to
support? Absolutely. We just have to break it and then retest it. Can the
break it and then retest it. Can the support, excuse me, can the supports be
support, excuse me, can the supports be used as resistance? Absolutely. We just
used as resistance? Absolutely. We just have to break it and then retest it.
have to break it and then retest it. That is it. Support and resistance can
That is it. Support and resistance can both be used with each other. And they
both be used with each other. And they could be used against each other. They
could be used against each other. They could be best friends. They need each
could be best friends. They need each other to actually validate themselves.
other to actually validate themselves. If something is a very strong resistance
If something is a very strong resistance level, it could be a very strong support
level, it could be a very strong support level. If something is a very strong
level. If something is a very strong support level, it could be very much a
support level, it could be very much a very strong resistance level. They both
very strong resistance level. They both go with one another. If this is very
go with one another. If this is very well respected when you're below it,
well respected when you're below it, when price is above it, it should also
when price is above it, it should also be very, very well respected. If this is
be very, very well respected. If this is very well respected when above it, when
very well respected when above it, when below it, it should also be very well
below it, it should also be very well respected when below it. Now, this right
respected when below it. Now, this right here is just basic support and
here is just basic support and resistance. And that is what an area of
resistance. And that is what an area of interest is built off of, right? So, as
interest is built off of, right? So, as you can tell right here, price used it
you can tell right here, price used it as resistance at this point. It used it
as resistance at this point. It used it as support at this point, at resistance
as support at this point, at resistance at this point, at support at this point,
at this point, at support at this point, and at resistance at this point. This
and at resistance at this point. This right here is a perfect example once
right here is a perfect example once again of an area of interest of a
again of an area of interest of a support and resistance of a supply and
support and resistance of a supply and demand zone and an order block. It is
demand zone and an order block. It is all the same [ __ ] It is an area of
all the same [ __ ] It is an area of interest where whenever price approaches
interest where whenever price approaches this area, it has a reaction. Now, an
this area, it has a reaction. Now, an area of interest is only valid
area of interest is only valid is only valid once we have a minimum
is only valid once we have a minimum of three touches.
of three touches. A minimum of three touches. Now, these
A minimum of three touches. Now, these three touches, this right here is a
three touches, this right here is a touch of the area of interest. This
touch of the area of interest. This right here is a touch of the area of
right here is a touch of the area of interest. This right here is a touch of
interest. This right here is a touch of the area of interest. a minimum of three
the area of interest. a minimum of three touches. It could be three resistance
touches. It could be three resistance touches. So, for example, let's say we
touches. So, for example, let's say we don't have this right here. And let's
don't have this right here. And let's say we don't have this right here. We
say we don't have this right here. We move this up. This right here is a valid
move this up. This right here is a valid area of interest. We have one rejection
area of interest. We have one rejection as resistance, two rejections as
as resistance, two rejections as resistance, and three rejections as
resistance, and three rejections as resistance. That right there is a valid
resistance. That right there is a valid area of interest. Yes. Now, what if we
area of interest. Yes. Now, what if we don't have this second touch as
don't have this second touch as resistance and we have this touch as
resistance and we have this touch as support? Well, this support right here
support? Well, this support right here is a third touch. So, we have one
is a third touch. So, we have one resistance, one support, and one
resistance, one support, and one resistance. That is another valid area
resistance. That is another valid area of interest. Well, what if we don't have
of interest. Well, what if we don't have any resistance and then it's all
any resistance and then it's all support?
support? That is also a valid area of interest.
That is also a valid area of interest. As long as we have a minimum of three
As long as we have a minimum of three touches, it is a valid area of interest.
touches, it is a valid area of interest. Area of interest is good for buys and
Area of interest is good for buys and sells.
Is good for buys and sells. If you're interested in buying and it only has
interested in buying and it only has support, that's great. If you're
support, that's great. If you're interested in buying and it only has
interested in buying and it only has resistance to validate the area of
resistance to validate the area of interest, that is great. It is all the
interest, that is great. It is all the same thing. As long as you have a
same thing. As long as you have a minimum of three touches, this is now
minimum of three touches, this is now going to be a valid area of interest. If
going to be a valid area of interest. If you're looking to buy and you only have
you're looking to buy and you only have resistance, that is also a valid support
resistance, that is also a valid support level. So, obviously, the more touches
level. So, obviously, the more touches you have, the better. Obviously, if you
you have, the better. Obviously, if you have something that has been rejected 15
have something that has been rejected 15 times, I would much rather be interested
times, I would much rather be interested in something that has been retested it
in something that has been retested it 15 times rather than something to three.
15 times rather than something to three. Now, the area of interest,
Now, the area of interest, the more touches,
the more touches, the better
the better because it means that it has been
because it means that it has been respected more in the past. Anything
respected more in the past. Anything less than three touches, it is no longer
less than three touches, it is no longer a valid area of interest. It is not a
a valid area of interest. It is not a valid supply and demand zone. It is not
valid supply and demand zone. It is not a valid order block. Could it be a
a valid order block. Could it be a support level? Sure. Could it be a
support level? Sure. Could it be a resistance level? Sure. But it is not a
resistance level? Sure. But it is not a valid area of interest. An area of
valid area of interest. An area of interest is needed to enter a trade.
To enter a trade, you cannot enter a trade if not at the area of interest.
trade if not at the area of interest. Now, if you not if you don't understand
Now, if you not if you don't understand this right now, don't worry. All of this
this right now, don't worry. All of this will make sense in just a second. You
will make sense in just a second. You know, I don't expect you to get this
know, I don't expect you to get this right off the bat. Like, I I've just
right off the bat. Like, I I've just taught you what different trading
taught you what different trading concepts are. On top of that, I just
concepts are. On top of that, I just showed you everything when it comes to
showed you everything when it comes to the candlestick charts. And now I'm
the candlestick charts. And now I'm showing you area of interest. Like, this
showing you area of interest. Like, this to me,
to me, this to me is crazy. Like, this took me
this to me is crazy. Like, this took me so long to understand. Like, this was
so long to understand. Like, this was literally some [ __ ] where it took me
literally some [ __ ] where it took me forever just to get this right here.
forever just to get this right here. It's just crazy. So area of interest is
It's just crazy. So area of interest is needed in order for you to actually
needed in order for you to actually enter the trade. You cannot enter a
enter the trade. You cannot enter a trade if you're not at an area of
trade if you're not at an area of interest. So this right here is a valid
interest. So this right here is a valid area of interest. Let me ask you a
area of interest. Let me ask you a question. Is this right here a valid
question. Is this right here a valid area of interest? Yes or no?
area of interest? Yes or no? No. This right here simply only has one
No. This right here simply only has one touch. So this right here is not a valid
touch. So this right here is not a valid area of interest. Making this
area of interest. Making this not a valid area of interest. Cool. We
not a valid area of interest. Cool. We move on. What about this right here? Is
move on. What about this right here? Is this, you know, we just do this for
this, you know, we just do this for examples purposes. Is this a valid area
examples purposes. Is this a valid area of interest? Yes or no? Well, we have
of interest? Yes or no? Well, we have one,
one, we have two,
we have two, and then we have three. Yes, this is a
and then we have three. Yes, this is a valid area of interest. All right, cool.
valid area of interest. All right, cool. Let's keep going.
Let's keep going. Right? We're just finding something that
Right? We're just finding something that has three touches and we're going to
has three touches and we're going to count it as our area of interest. But
count it as our area of interest. But this is not how we find our area of
this is not how we find our area of interest. Is this right here a valid
interest. Is this right here a valid area of interest? We have one
area of interest? We have one and none. Nothing to the left. So no,
and none. Nothing to the left. So no, not a valid area of interest. We keep
not a valid area of interest. We keep coming down. Boom. We run into this
coming down. Boom. We run into this zone. What do we have here? We have one.
zone. What do we have here? We have one. We have two. And then we have three and
We have two. And then we have three and four. Is this a valid area of interest?
four. Is this a valid area of interest? [ __ ] yeah. It is very clean and obvious
[ __ ] yeah. It is very clean and obvious that it has respected this area. Now
that it has respected this area. Now once again, what am I showing you based
once again, what am I showing you based this area of interest off of? I'm
this area of interest off of? I'm showing you this off of structure. These
showing you this off of structure. These are the elbows. The elbows are based off
are the elbows. The elbows are based off of the bodies of the candlesticks. At no
of the bodies of the candlesticks. At no point are we including wicks here. Like
point are we including wicks here. Like if I were to be doing this on the actual
if I were to be doing this on the actual line chart, for example, if we were just
line chart, for example, if we were just to go here to the line chart, I'm doing
to go here to the line chart, I'm doing this area of interest to the elbows. If
this area of interest to the elbows. If you notice this right here, we have one,
you notice this right here, we have one, two, three, four, five. I'm taking these
two, three, four, five. I'm taking these elbows into consideration. At no point
elbows into consideration. At no point am I doing this area of interest to the
am I doing this area of interest to the wicks or am I making the box big enough
wicks or am I making the box big enough to include the wicks. No, I'm doing this
to include the wicks. No, I'm doing this to the structure points to the elbows.
to the structure points to the elbows. Now, how big should the box be? How do
Now, how big should the box be? How do you do all that? Don't worry, I'm going
you do all that? Don't worry, I'm going to get into all that in just a second. I
to get into all that in just a second. I just wanted to really explain that and
just wanted to really explain that and make that very clear. We're obviously
make that very clear. We're obviously doing it to the structure points. So,
doing it to the structure points. So, you continue to do it on the structure
you continue to do it on the structure points, right? Let's just continue going
points, right? Let's just continue going down. Let's find something that has a
down. Let's find something that has a minimum of three touches. Boom. We run
minimum of three touches. Boom. We run into this price right here. What do we
into this price right here. What do we have? Can we arguably have three points
have? Can we arguably have three points here? Sure. You know, just for argument
here? Sure. You know, just for argument sake, we'll lower this in a little bit.
sake, we'll lower this in a little bit. one, two, and three. That is also an
one, two, and three. That is also an area of interest. Oh, that is also an
area of interest. Oh, that is also an area of interest.
So, this right here is also an area of interest. One second. This right here is
interest. One second. This right here is also an area of interest. And so is this
also an area of interest. And so is this right here, an area of interest. All
right here, an area of interest. All right, let's just keep going down. Let's
right, let's just keep going down. Let's find another example. And keep working
find another example. And keep working our way down. And boom. We also have
our way down. And boom. We also have right here one, two, and then three,
and then three. And then we keep going and boom, three. And if we keep moving
and boom, three. And if we keep moving this to the downside,
this to the downside, this right here, boom. Let's just call
this right here, boom. Let's just call this one, two, and then three. Right?
this one, two, and then three. Right? So, we'll call this one right here as
So, we'll call this one right here as well. One, two, and three, and four,
well. One, two, and three, and four, right? Boom. So, right now, at this
right? Boom. So, right now, at this point, you're probably looking at this
point, you're probably looking at this market and you're like, "Yo, what the
market and you're like, "Yo, what the [ __ ]
[ __ ] It was right in front of me the whole
It was right in front of me the whole time, but also this is like so much [ __ ]
time, but also this is like so much [ __ ] going on." Well, what if I told you that
going on." Well, what if I told you that technically in this market right here,
technically in this market right here, all of these are valid areas of
all of these are valid areas of interest. Yes, because they have a
interest. Yes, because they have a minimum of three touches, right? That is
minimum of three touches, right? That is the core foundation to have a valid area
the core foundation to have a valid area of interest. Now, what if I told you
of interest. Now, what if I told you that there's only one of these areas of
that there's only one of these areas of interest that are actually applicable,
interest that are actually applicable, my [ __ ] accent that are actually
my [ __ ] accent that are actually editor, leave this in there. I have a
editor, leave this in there. I have a major accent, guys. So, if sometimes my
major accent, guys. So, if sometimes my grammar or my my accent isn't the best,
grammar or my my accent isn't the best, I did not know English until like the
I did not know English until like the other day, right? I'm I'm kidding. I
other day, right? I'm I'm kidding. I learned it in in school, but Spanish is
learned it in in school, but Spanish is my first language, right? So there's
my first language, right? So there's only one area of interest inside of this
only one area of interest inside of this chart that is actually applicable
chart that is actually applicable applyable whatever that is actually
applyable whatever that is actually appliable to this market. Only one area
appliable to this market. Only one area of interest is appliable to this market.
of interest is appliable to this market. Now which one do you think it is? Do you
Now which one do you think it is? Do you think that it's going to be the first
think that it's going to be the first one? Do you think that it's going to be
one? Do you think that it's going to be the second one? Do you think that it's
the second one? Do you think that it's going to be the third one? the fourth,
going to be the third one? the fourth, the fifth, or the sixth. I'm going to go
the fifth, or the sixth. I'm going to go ahead and give you guys a minute to just
ahead and give you guys a minute to just think about it and determine which one
think about it and determine which one of these areas of interest is actually
of these areas of interest is actually applicable, applyable
applicable, applyable to this chart. One of these areas of
to this chart. One of these areas of interest stays. Every other area of
interest stays. Every other area of interest is completely invalid. So, go
interest is completely invalid. So, go ahead, pause this video and I'll give
ahead, pause this video and I'll give you guys a second to do it.
you guys a second to do it. Well, actually,
Well, actually, let me see how I explain this. Let's do
let me see how I explain this. Let's do this.
this. How about now? Yes.
How about now? Yes. So, I kind of cheated there a little
So, I kind of cheated there a little bit. I'm not going to lie because I I
bit. I'm not going to lie because I I read the market structure incorrectly.
read the market structure incorrectly. But at this point, right now, there's
But at this point, right now, there's technically only Let's do it like this.
technically only Let's do it like this. If we were to do this market structure
If we were to do this market structure like this, just for this example's
like this, just for this example's purposes, right? So, let's just get rid
purposes, right? So, let's just get rid of this first one. Just for this
of this first one. Just for this example's purposes, there is only one
example's purposes, there is only one area of interest that is appliable to
area of interest that is appliable to this market right here, and that is
this market right here, and that is going to be area of interest number two.
going to be area of interest number two. Now, you might be wondering why. Well, I
Now, you might be wondering why. Well, I I mixed it up a little bit, and for some
I mixed it up a little bit, and for some reason, my return tool isn't working,
reason, my return tool isn't working, but I'm literally trying to trying to
but I'm literally trying to trying to click that [ __ ] but it's not working.
click that [ __ ] but it's not working. Um, it's because I read the market
Um, it's because I read the market structure wrong, but technically this
structure wrong, but technically this market was bearish. So technically this
market was bearish. So technically this was the lower high and this was the
was the lower high and this was the lower low and technically multiple of
lower low and technically multiple of these areas of interest are valid but
these areas of interest are valid but just for this example I wanted to make
just for this example I wanted to make it bullish just so it can connect a
it bullish just so it can connect a little bit more. So there's only one
little bit more. So there's only one area of interest in this market that is
area of interest in this market that is actually valid and that's going to be
actually valid and that's going to be number two. So area of area of interest
number two. So area of area of interest number three is not valid, four is not
number three is not valid, four is not valid, five is not valid and six is not
valid, five is not valid and six is not valid. Now you may be asking why. Well
valid. Now you may be asking why. Well very simple. This right here is the
very simple. This right here is the higher high.
higher high. This right here is the higher low. If
This right here is the higher low. If this is the higher high and this is the
this is the higher high and this is the higher low, you can only have an area of
higher low, you can only have an area of interest within the higher high and the
interest within the higher high and the higher low. Having an area of interest
higher low. Having an area of interest below the higher low completely defeats
below the higher low completely defeats the purpose of having identified if it's
the purpose of having identified if it's bullish or bearish. Because if the
bullish or bearish. Because if the market makes it to this area of
market makes it to this area of interest, we're then bearish and we're
interest, we're then bearish and we're no longer looking for buys. If this
no longer looking for buys. If this market is bearish, we're going to be
market is bearish, we're going to be looking for sells. Could it be an area
looking for sells. Could it be an area of interest for then for us to sell? Of
of interest for then for us to sell? Of course, for sure. But we're not there.
course, for sure. But we're not there. We're very far from that. We're way up
We're very far from that. We're way up here. And if we have all the indications
here. And if we have all the indications telling us to buy, why would we place an
telling us to buy, why would we place an area of interest to sell? We don't. So,
area of interest to sell? We don't. So, we get rid of the areas of interest that
we get rid of the areas of interest that are not valid and have absolutely no use
are not valid and have absolutely no use to our trade this area of interest. Once
to our trade this area of interest. Once again, below the higher low, it's not
again, below the higher low, it's not valid. Not valid. and not valid. So now
valid. Not valid. and not valid. So now we've taken all of this noise, all of
we've taken all of this noise, all of this area of interest, all of these
this area of interest, all of these structure points and we have completely
structure points and we have completely removed them all and just focused on one
removed them all and just focused on one part of the chart on one area of
part of the chart on one area of interest on one zone where the market
interest on one zone where the market has a very high probability of having a
has a very high probability of having a reaction from this area of interest. So,
reaction from this area of interest. So, I basically just answered a question
I basically just answered a question which I'm sure I would get and that is
which I'm sure I would get and that is how where do I place the area of
how where do I place the area of interest and how do I know it's a valid
interest and how do I know it's a valid one? Well, simply because you could only
one? Well, simply because you could only place an area of interest within the
place an area of interest within the higher low and within the higher high.
higher low and within the higher high. So, if you guys were paying attention to
So, if you guys were paying attention to what I said earlier, you guys would have
what I said earlier, you guys would have known that I said we only look within
known that I said we only look within this zone to actually trade. So, we're
this zone to actually trade. So, we're only going to place an area of interest
only going to place an area of interest within this zone. So our area of
within this zone. So our area of interest will only be inside of here.
interest will only be inside of here. How many areas of interest can we get?
How many areas of interest can we get? Could be an infinite. You can get a
Could be an infinite. You can get a thousand, 500, a quantillion. Obviously
thousand, 500, a quantillion. Obviously these are not real numbers. The most you
these are not real numbers. The most you can actually really get will probably be
can actually really get will probably be four and five. Could you get more? Sure.
four and five. Could you get more? Sure. But the less the better because you want
But the less the better because you want better quality zones rather than an
better quality zones rather than an abundance. You want quality over
abundance. You want quality over quantity when it comes to identify these
quantity when it comes to identify these areas of interest. So an area of
areas of interest. So an area of interest is identified on something that
interest is identified on something that has a minimum of three touches. An area
has a minimum of three touches. An area of interest is good to buy or sell
of interest is good to buy or sell whether you are above it or below it. As
whether you are above it or below it. As long as we have three touches, the more
long as we have three touches, the more touches the better. And an area of
touches the better. And an area of interest is needed because you need to
interest is needed because you need to enter a trade at an area of interest.
enter a trade at an area of interest. You cannot enter a trade if it's not at
You cannot enter a trade if it's not at the area of interest. And you can only
the area of interest. And you can only only find an area of interest inside of
only find an area of interest inside of the higher high and higher low
or the lower high and the lower low. At no other point can you find the area of
no other point can you find the area of interest elsewhere. If you put an area
interest elsewhere. If you put an area of interest up here, it's pretty much
of interest up here, it's pretty much [ __ ] because dude, we're like like
[ __ ] because dude, we're like like the market hasn't even gotten there. And
the market hasn't even gotten there. And if we're looking to buy, we can't buy at
if we're looking to buy, we can't buy at a [ __ ] resistance. Like, how does
a [ __ ] resistance. Like, how does that make sense? You're basically
that make sense? You're basically betting that you're going to break
betting that you're going to break through a resistance. And that's not
through a resistance. And that's not logical. You want to buy at a support
logical. You want to buy at a support level. You want price to be at a support
level. You want price to be at a support level and then it push itself off of it.
level and then it push itself off of it. That is simply the logic when it comes
That is simply the logic when it comes to trading. So when you buy, you need to
to trading. So when you buy, you need to buy at a support level. When you sell,
buy at a support level. When you sell, you need to sell at a resistance level.
you need to sell at a resistance level. So you buy at support and then you sell
So you buy at support and then you sell at resistance.
at resistance. At no point do you break this rule right
At no point do you break this rule right here. This is probably the simplest
here. This is probably the simplest thing that I can write in this whole
thing that I can write in this whole entire class and it will probably be the
entire class and it will probably be the most valuable. I cannot stress to you
most valuable. I cannot stress to you guys how many of you guys are buying at
guys how many of you guys are buying at resistance or selling at support. Like
resistance or selling at support. Like how does that make sense? If the market
how does that make sense? If the market is going down, right, and the market is
is going down, right, and the market is going down and you are literally at a
going down and you are literally at a support level right now where the market
support level right now where the market has reacted to it three times from this
has reacted to it three times from this level. Why are you selling into this
level. Why are you selling into this level where literally historically what
level where literally historically what it does from here is have a reaction.
it does from here is have a reaction. Why are you buying from this level? Some
Why are you buying from this level? Some people just don't they don't they don't
people just don't they don't they don't know what to say. Some people just don't
know what to say. Some people just don't have an answer. They're like, "Well, I
have an answer. They're like, "Well, I didn't know." Well, no [ __ ] you to know
didn't know." Well, no [ __ ] you to know cuz you wouldn't be doing that. This is
cuz you wouldn't be doing that. This is like jumping into a twoft pool. Why the
like jumping into a twoft pool. Why the [ __ ] would you do that? Like you're
[ __ ] would you do that? Like you're going to literally smash your face. Is
going to literally smash your face. Is there a one in a thousand possibility
there a one in a thousand possibility that you know you happen to break
that you know you happen to break through the pool and and break the
through the pool and and break the concrete and then go through the the
concrete and then go through the the foundation. Yeah, if you're Superman or
foundation. Yeah, if you're Superman or some [ __ ] But the odds of that
some [ __ ] But the odds of that happening are very rare. Can it happen
happening are very rare. Can it happen in trading? Yes, of course. But I'm
in trading? Yes, of course. But I'm talking about in real life, right? You
talking about in real life, right? You would never jump into a twoft pool. So,
would never jump into a twoft pool. So, you would never sell into a support
you would never sell into a support level. You sell at a resistance level.
level. You sell at a resistance level. Once price is at an area where it has
Once price is at an area where it has had more than three touches, this right
had more than three touches, this right here is a valid resistance level. You
here is a valid resistance level. You sell from a resistance to a support. You
sell from a resistance to a support. You buy at a support into a resistance. At
buy at a support into a resistance. At no point do you flip those tables
no point do you flip those tables around. If the opportunity is not there,
around. If the opportunity is not there, you simply don't do it. Let's say you
you simply don't do it. Let's say you really want to take the trade at this
really want to take the trade at this resistance level right here. Please, by
resistance level right here. Please, by all means, but you need to be above it.
all means, but you need to be above it. Price cannot be below it. You need to be
Price cannot be below it. You need to be above it. You need to be above this area
above it. You need to be above this area for you to really buy at this area. But
for you to really buy at this area. But if you're below it, what confirmation do
if you're below it, what confirmation do you have that it's actually going to
you have that it's actually going to react from it if it's yet to do it to
react from it if it's yet to do it to the past? It's never done it, so why
the past? It's never done it, so why would it do it now? So when it comes to
would it do it now? So when it comes to area of interest placements, I need you
area of interest placements, I need you guys to understand that you are placing
guys to understand that you are placing in between
in between this higher high and this higher low.
this higher high and this higher low. And our job as traders, literally our
And our job as traders, literally our only job is to wait for this
only job is to wait for this retracement. So we know that this is
retracement. So we know that this is bullish. Our job is to wait for this
bullish. Our job is to wait for this retracement to happen. And this
retracement to happen. And this retracement can literally happen
retracement can literally happen anywhere, right? This can happen here
anywhere, right? This can happen here and have the push up. Here and have the
and have the push up. Here and have the push up. Here and have the push up. This
push up. Here and have the push up. This retracement can literally happen
retracement can literally happen anywhere in the chart. Now, we have a
anywhere in the chart. Now, we have a higher probability of it having a
higher probability of it having a reaction from here than from here. Why?
reaction from here than from here. Why? Simply because if you look to the left,
Simply because if you look to the left, this area has only been respected one
this area has only been respected one time. And this area here, this area here
time. And this area here, this area here has been respected four times, five
has been respected four times, five times. So, if the market makes it to
times. So, if the market makes it to this area, the odds of it reacting are
this area, the odds of it reacting are going to be a lot higher than this one.
going to be a lot higher than this one. Can the market still have a reaction
Can the market still have a reaction from this level? Of course, and it will.
from this level? Of course, and it will. And then you won't be able to enter this
And then you won't be able to enter this trade here. But with a proper strategy
trade here. But with a proper strategy and trading with a plan, you need to
and trading with a plan, you need to take the trade where it simply makes
take the trade where it simply makes sense. And it will always make more
sense. And it will always make more sense to take the trade here than to
sense to take the trade here than to take the trade here. So trading with
take the trade here. So trading with areas of interest or support and
areas of interest or support and resistance is literally getting you to
resistance is literally getting you to be able to pretty much predict precisely
be able to pretty much predict precisely where this retracement has the highest
where this retracement has the highest probability to stop. Once it stops at
probability to stop. Once it stops at this area, then you start to apply extra
this area, then you start to apply extra confirmations and then see if you're
confirmations and then see if you're interested in entering the trade. This
interested in entering the trade. This retracement is going to be a key
retracement is going to be a key fundamental to your success in trading.
fundamental to your success in trading. Whether you are patient enough for this
Whether you are patient enough for this retracement to happen or not, that is
retracement to happen or not, that is entirely up to you. I can't teach
entirely up to you. I can't teach patience. I can teach you what you need
patience. I can teach you what you need to know in order for you to apply
to know in order for you to apply patience, but patience is what's going
patience, but patience is what's going to either make or break you as a trader
to either make or break you as a trader when it comes to applying any type of
when it comes to applying any type of strategy. So, back to areas of interest.
strategy. So, back to areas of interest. Areas of interest are placed in between
Areas of interest are placed in between the structure points. There is a
the structure points. There is a never-ending amount of areas of
never-ending amount of areas of interest, right? If if I were just to
interest, right? If if I were just to let's just say just for examples
let's just say just for examples purposes, I'd bring this structure level
purposes, I'd bring this structure level up here and I'd bring this structure
up here and I'd bring this structure level up here just for examples
level up here just for examples purposes. This right here would also be
purposes. This right here would also be a another area of interest. Why? Because
a another area of interest. Why? Because we have one,
we have one, two, and then three. So, this right here
two, and then three. So, this right here is a valid area of interest. Now, price
is a valid area of interest. Now, price is going to have a retracement. On this
is going to have a retracement. On this retracement, we can potentially have a
retracement, we can potentially have a push up or we can make it to this area
push up or we can make it to this area and potentially have a push up. That is
and potentially have a push up. That is it. Our job as traders is to wait for
it. Our job as traders is to wait for the market to make it into this area.
the market to make it into this area. And when the market makes it into this
And when the market makes it into this area, we apply our strategy to enter the
area, we apply our strategy to enter the trade. That is it. You only buy at this
trade. That is it. You only buy at this support. Now, let's say the market just
support. Now, let's say the market just keeps going into this area, keeps having
keeps going into this area, keeps having a push down, keeps having a push down,
a push down, keeps having a push down, and from here it just does something
and from here it just does something like this. It breaks below the area of
like this. It breaks below the area of interest. Do you still buy it? No.
interest. Do you still buy it? No. Because we did not respect the area of
Because we did not respect the area of interest because this market can now use
interest because this market can now use this as resistance. What did I just say
this as resistance. What did I just say in this example over here? This example,
in this example over here? This example, you cannot buy at a resistance. So yes,
you cannot buy at a resistance. So yes, even though we've had the retracements
even though we've had the retracements and we've broken below price,
and we've broken below price, technically right now we are below this
technically right now we are below this resistance exactly how we've been here,
resistance exactly how we've been here, exactly how we've been here and exactly
exactly how we've been here and exactly how we've been here. So this is destined
how we've been here. So this is destined to literally create a move like this.
to literally create a move like this. Can there obviously be the events where
Can there obviously be the events where it from here does this? Of course. And
it from here does this? Of course. And that will happen and that is inevitable.
that will happen and that is inevitable. But in order for you to enter this
But in order for you to enter this trade, you want to wait for it to
trade, you want to wait for it to actually break above this area and then
actually break above this area and then use it as support. You need for it to
use it as support. You need for it to actually come back and retest it as
actually come back and retest it as support. How it has done here and how it
support. How it has done here and how it has done here. You need to use it when
has done here. You need to use it when price is above it, not when price is
price is above it, not when price is below it. Once price has broken above it
below it. Once price has broken above it and it comes back into it, that is when
and it comes back into it, that is when you use it. Could you use it right as
you use it. Could you use it right as soon as it breaks above it? Sure. But
soon as it breaks above it? Sure. But I'm going to be teaching you guys on how
I'm going to be teaching you guys on how to have the extra confirmations to
to have the extra confirmations to actually use it when it comes back into
actually use it when it comes back into it and uses it as support. I'll explain
it and uses it as support. I'll explain all that later when we get to the
all that later when we get to the entries and how to actually start
entries and how to actually start applying a strategy. Right now, I'm just
applying a strategy. Right now, I'm just teaching you what areas of interest it
teaching you what areas of interest it is, what is support and resistance.
is, what is support and resistance. Like, this is all very basic standard
Like, this is all very basic standard stuff. I haven't even taught you guys
stuff. I haven't even taught you guys anything of a strategy yet. The only
anything of a strategy yet. The only thing that I did teach you is how to
thing that I did teach you is how to properly place this area of interest. So
properly place this area of interest. So many of these traders just place these
many of these traders just place these areas of interest randomly in front of
areas of interest randomly in front of the market and they just place it
the market and they just place it anywhere. They're literally just putting
anywhere. They're literally just putting zones throughout the whole entire chart
zones throughout the whole entire chart and calling everything a supply and
and calling everything a supply and demand zone, an area of interest, so you
demand zone, an area of interest, so you could just pretty much get bombarded by
could just pretty much get bombarded by this information and you buy into their
this information and you buy into their [ __ ] because they make it seem like
[ __ ] because they make it seem like you need them. They're trying to
you need them. They're trying to manipulate you so they can get you to
manipulate you so they can get you to make them feel like they have this
make them feel like they have this better understanding of the market and
better understanding of the market and that you need to learn from them and you
that you need to learn from them and you need to follow them and you need to No,
need to follow them and you need to No, you don't have to do none of that [ __ ]
you don't have to do none of that [ __ ] Having an area of interest only makes
Having an area of interest only makes sense to have it within the higher high
sense to have it within the higher high and the higher low. Very [ __ ] simple.
and the higher low. Very [ __ ] simple. So, can it break below it and can it
So, can it break below it and can it have a reaction and move to the upside?
have a reaction and move to the upside? Sure. Now, this is where I would use
Sure. Now, this is where I would use this support level. If it breaks below
this support level. If it breaks below it, I would not be buying below it. I
it, I would not be buying below it. I would only be using it if we break and
would only be using it if we break and retest above it. But for this example,
retest above it. But for this example, let's just say that we did something
let's just say that we did something like this. Sure. Let's say we actually
like this. Sure. Let's say we actually had the move and we had the push to the
had the move and we had the push to the upside. Cool. Our area of interest is
upside. Cool. Our area of interest is validated. And guess what? What happens
validated. And guess what? What happens now?
now? But we have a new higher high. And
But we have a new higher high. And where's the higher low? I don't know.
where's the higher low? I don't know. Get the head of the snake. Start working
Get the head of the snake. Start working our way back. Make the first turn. And
our way back. Make the first turn. And now that right there is going to now be
now that right there is going to now be the higher low. All right, cool. If
the higher low. All right, cool. If that's the higher low, we got to start
that's the higher low, we got to start cooking again. we got to start finding
cooking again. we got to start finding the next potential area of interest
the next potential area of interest where this market is going to now have a
where this market is going to now have a reaction from. So the way we find an
reaction from. So the way we find an area of interest properly, right, is by
area of interest properly, right, is by getting this box at the top of the zone.
getting this box at the top of the zone. And our job as traders is to start
And our job as traders is to start working our way down all the way to that
working our way down all the way to that higher low and find points where the
higher low and find points where the market could potentially have a reaction
market could potentially have a reaction from. So we start working our way down,
from. So we start working our way down, working our way down, working our way
working our way down, working our way down. Boom. We run into the first
down. Boom. We run into the first resistance.
resistance. Is this a potential valid area of
Is this a potential valid area of interest? No, because it only has one
interest? No, because it only has one touch. Cool, cool, cool, cool. We keep
touch. Cool, cool, cool, cool. We keep working our way down. Keep working our
working our way down. Keep working our way down. Keep working our way down.
way down. Keep working our way down. Boom. We run into a second spot. Well,
Boom. We run into a second spot. Well, you know what? This is actually pretty
you know what? This is actually pretty close to this spot. And it's pretty
close to this spot. And it's pretty close to this spot. Let's see if we can
close to this spot. Let's see if we can get a very tight small zone. Sure. We We
get a very tight small zone. Sure. We We have one, two, and three. Three touches
have one, two, and three. Three touches makes a valid area of interest. So this
makes a valid area of interest. So this is the first potential area of where the
is the first potential area of where the market could have a retracement to then
market could have a retracement to then have a reaction to the upside. That's
have a reaction to the upside. That's just the first potential area. Right now
just the first potential area. Right now we have absolutely no idea from where
we have absolutely no idea from where else. Bring out our trusty box. So we
else. Bring out our trusty box. So we already understand this is area of
already understand this is area of interest one. Let's keep working our way
interest one. Let's keep working our way down.
down. We can boom. We run into this structure
We can boom. We run into this structure point right here.
point right here. Can we add another structure point right
Can we add another structure point right here? Sure. We have one, two. Is that a
here? Sure. We have one, two. Is that a valid area of interest?
valid area of interest? No. Can we make a big zone like this and
No. Can we make a big zone like this and we get one, two, three, four? Sure. But
we get one, two, three, four? Sure. But the zones have a maximum and minimum
the zones have a maximum and minimum sizing of these zones. And I'm going to
sizing of these zones. And I'm going to get to the sizing of these zones once we
get to the sizing of these zones once we actually get to the charts. But the max
actually get to the charts. But the max a zone could be is going to be six,
a zone could be is going to be six, excuse me, is going to be 60 pips. Max a
excuse me, is going to be 60 pips. Max a zone could be
zone could be is 60 pips.
is 60 pips. Anything bigger than 60 pips, it will no
Anything bigger than 60 pips, it will no longer be a valid area of interest. So
longer be a valid area of interest. So the max a area of interest could be is
the max a area of interest could be is 60 pips. So we're going to add this as
60 pips. So we're going to add this as another side note over here. Alex, how
another side note over here. Alex, how do you measure the pips? I already
do you measure the pips? I already taught you this. You use this tool over
taught you this. You use this tool over here to the left hand side. Start from
here to the left hand side. Start from the bottom, work your way up to the top,
the bottom, work your way up to the top, and what do you have here? This zone is
and what do you have here? This zone is now going to be 70 pips, making this too
now going to be 70 pips, making this too big of a zone. The biggest an area of
big of a zone. The biggest an area of interest could be is a total of 60 pips.
interest could be is a total of 60 pips. This zone right here is 70 pips, making
This zone right here is 70 pips, making it no longer valid. We start off from
it no longer valid. We start off from this zone to right here. You can tell
this zone to right here. You can tell this is 28 pips. That is perfect. That
this is 28 pips. That is perfect. That is half of the maximum a zone could be.
is half of the maximum a zone could be. Now, could you have something smaller?
Now, could you have something smaller? Yes. I'd say the smallest a zone could
Yes. I'd say the smallest a zone could be. So, the max it could be is 60. And
be. So, the max it could be is 60. And then the minimum it could be is five
then the minimum it could be is five pips. You never really go that small,
pips. You never really go that small, but just in case if you do for people
but just in case if you do for people that ask that question, a minimum of
that ask that question, a minimum of five pips. So, this zone right here, as
five pips. So, this zone right here, as you can tell, it cannot be used as a
you can tell, it cannot be used as a valid area of interest. one because this
valid area of interest. one because this one right here doesn't have a minimum of
one right here doesn't have a minimum of three touches. And then that one right
three touches. And then that one right there is more than 60 pips. Right? So,
there is more than 60 pips. Right? So, we start working our way down. Working
we start working our way down. Working our way down. Working our way down. And
our way down. Working our way down. And boom. What do we run into? One,
two, and then three. What do we have here? A
and then three. What do we have here? A valid area of interest. Now, we can make
valid area of interest. Now, we can make this one very tight. As you can tell,
this one very tight. As you can tell, this one respects it very, very, very
this one respects it very, very, very strong. So, we can make this one five
strong. So, we can make this one five pips like this. Or we can make it the
pips like this. Or we can make it the actual max length, which right here
actual max length, which right here would be 62 pips. Let's just call it 60
would be 62 pips. Let's just call it 60 pips for this example's purposes for us
pips for this example's purposes for us to then have a fourth structure point.
to then have a fourth structure point. Could we do that? Sure. But personally,
Could we do that? Sure. But personally, myself, I would much rather have this
myself, I would much rather have this zone be as tight as it possibly could
zone be as tight as it possibly could be. I wouldn't want to stretch it out to
be. I wouldn't want to stretch it out to have more touches. I would rather make
have more touches. I would rather make it just be tight. The tighter the better
it just be tight. The tighter the better and the more respected it's going to be.
and the more respected it's going to be. So here we have one, two, three, and
So here we have one, two, three, and four. That right there is a valid area
four. That right there is a valid area of interest. Now I know a lot of people
of interest. Now I know a lot of people in the past have asked me when I do
in the past have asked me when I do classes and when I educate people, can
classes and when I educate people, can we consider the actual higher low a area
we consider the actual higher low a area of interest? Of course. If the higher
of interest? Of course. If the higher low happens to have three touches, sure.
low happens to have three touches, sure. So for examples purposes, this one has
So for examples purposes, this one has one, none, and none. And no, we cannot
one, none, and none. And no, we cannot go below the higher low to add touches
go below the higher low to add touches to the area of interest because if we go
to the area of interest because if we go below the higher low, guess what
below the higher low, guess what happens? We are then bearish, making
happens? We are then bearish, making this no longer a valid area of interest.
this no longer a valid area of interest. So now this market right here, we've
So now this market right here, we've just done the top down analysis. We've
just done the top down analysis. We've determined that this market is bullish.
determined that this market is bullish. And now we've found two areas of
And now we've found two areas of interest. This right here is going to be
interest. This right here is going to be daily area of interest number one. And
daily area of interest number one. And then this right here is going to be
then this right here is going to be daily area of interest number two. So
daily area of interest number two. So these are two areas of interest where
these are two areas of interest where the market could have a retracement into
the market could have a retracement into this level. And after having the
this level. And after having the retracement into this level, it could
retracement into this level, it could potentially have a reaction. Now again
potentially have a reaction. Now again the the big important thing is
the the big important thing is potentially uh one of these areas of
potentially uh one of these areas of interest could do it or none of them
interest could do it or none of them this area of interest right here area of
this area of interest right here area of interest number one is not stronger than
interest number one is not stronger than area of interest number two area of
area of interest number two area of interest number two is not stronger than
interest number two is not stronger than area of interest number one quote
area of interest number one quote unquote obviously if it has more touches
unquote obviously if it has more touches it's supposed to be stronger but that
it's supposed to be stronger but that doesn't mean that I would prefer to
doesn't mean that I would prefer to enter the trade at area of interest
enter the trade at area of interest number two rather than area of interest
number two rather than area of interest number one they're both equally as much
number one they're both equally as much respected to me personally. And the only
respected to me personally. And the only reason I the only time I take into
reason I the only time I take into account how many touches is inside of
account how many touches is inside of the area of interest is when it comes to
the area of interest is when it comes to the entry signal and I'll be explaining
the entry signal and I'll be explaining that later inside of the actual entry
that later inside of the actual entry signal area. But for right now, to make
signal area. But for right now, to make a valid area of interest and to wait for
a valid area of interest and to wait for the market to have a retracement, this
the market to have a retracement, this is all I need. I need my areas of
is all I need. I need my areas of interest and area of interest one is
interest and area of interest one is equally as strong as area of interest 2.
equally as strong as area of interest 2. I would never pick one over the other.
I would never pick one over the other. Even if this one has a 100 touches and
Even if this one has a 100 touches and this one only has three, the market can
this one only has three, the market can have the reaction from both or from
have the reaction from both or from none. The market can simply have a
none. The market can simply have a reaction to right here in the middle and
reaction to right here in the middle and then have a push to the upside. And a
then have a push to the upside. And a lot of students ask me all the time,
lot of students ask me all the time, they're like, "Alex, what happens if the
they're like, "Alex, what happens if the market does that? What happens if it
market does that? What happens if it actually has a retracement either in the
actually has a retracement either in the middle and it doesn't hit any of your
middle and it doesn't hit any of your areas of interest or right above your
areas of interest or right above your area of interest and it never hits it
area of interest and it never hits it and then it has a move to the upside?
and then it has a move to the upside? What do you do then?"
What do you do then?" The answer is nothing. You don't do
The answer is nothing. You don't do [ __ ] That wasn't your trade. That never
[ __ ] That wasn't your trade. That never met your strategy. You move on to the
met your strategy. You move on to the next [ __ ] pair. Why are you trying to
next [ __ ] pair. Why are you trying to figure out to make something work when
figure out to make something work when you already have something that works?
you already have something that works? You just have to wait for it to happen.
You just have to wait for it to happen. Why are you trying to make everything
Why are you trying to make everything work when all you have to do is wait for
work when all you have to do is wait for one thing to work? Don't try and catch
one thing to work? Don't try and catch every move. I don't I don't try and
every move. I don't I don't try and catch every move. You know how many
catch every move. You know how many moves I miss a week and I still predict
moves I miss a week and I still predict the overall trend, but they never come
the overall trend, but they never come to my zone. So, I never take the trade.
to my zone. So, I never take the trade. I just say two to three moves every
I just say two to three moves every single week. Hundreds of pips. Hundreds
single week. Hundreds of pips. Hundreds of thousands of dollars. But I also
of thousands of dollars. But I also avoid hundreds of pips. And I also avoid
avoid hundreds of pips. And I also avoid losing hundreds of thousands of dollars
losing hundreds of thousands of dollars by sticking to my plan. It's never worth
by sticking to my plan. It's never worth breaking my plan just to try and catch a
breaking my plan just to try and catch a move and prove a point because I know
move and prove a point because I know how to trade or I know how to identify
how to trade or I know how to identify the trend. Waiting for the trade to
the trend. Waiting for the trade to these areas of interest is going to be
these areas of interest is going to be the key thing. So now let's say for
the key thing. So now let's say for example, this market actually does this,
example, this market actually does this, right? This market has a push to the
right? This market has a push to the upside. This is the higher low. This is
upside. This is the higher low. This is the new higher high. Make this a new
the new higher high. Make this a new higher high. This will be the higher
higher high. This will be the higher low. Obviously, this area of interest is
low. Obviously, this area of interest is no longer valid because if price gets to
no longer valid because if price gets to there, we will then be bearish. And this
there, we will then be bearish. And this obviously this area of interest is no
obviously this area of interest is no longer valid. Now, on the daily time
longer valid. Now, on the daily time frame, if I were just to place this area
frame, if I were just to place this area of interest, start working our way down.
of interest, start working our way down. Boom. We run into this structure level
Boom. We run into this structure level here. And then, guess what? That's it.
here. And then, guess what? That's it. There's no three touches here. There is
There's no three touches here. There is no three touches here. There's barely
no three touches here. There's barely two touches here. Can there be a
two touches here. Can there be a scenario where there is no area of
scenario where there is no area of interest? Of course, this is 100% a
interest? Of course, this is 100% a possibility. Does it happen? Very rarely
possibility. Does it happen? Very rarely does it happen. But if it does, there's
does it happen. But if it does, there's just simply no area of interest. You
just simply no area of interest. You just simply go down to the next time
just simply go down to the next time frame or go up to the next time frame
frame or go up to the next time frame and wait for an area of interest at that
and wait for an area of interest at that point. Right now, I'm just teaching you
point. Right now, I'm just teaching you what an area of interest is and how you
what an area of interest is and how you can identify it. There's 110 million
can identify it. There's 110 million different what if possibilities and one
different what if possibilities and one of them is this. And if that happens,
of them is this. And if that happens, well then that happens. Now let's say
well then that happens. Now let's say this market, for example, just does
this market, for example, just does this.
this. All right, cool. Now what? We're
All right, cool. Now what? We're bearish. This is the lower low. Where's
bearish. This is the lower low. Where's the lower high? Right up at this point
the lower high? Right up at this point right here. If this is the lower high
right here. If this is the lower high and this is the lower low, guess what?
and this is the lower low, guess what? We're now going to get our area of
We're now going to get our area of interest in between like this. And then
interest in between like this. And then we're going to do the exact same thing.
we're going to do the exact same thing. just now working our way up because our
just now working our way up because our job is to predict this pullback and on
job is to predict this pullback and on this pullback for us to then potentially
this pullback for us to then potentially take this out. Now, where does this
take this out. Now, where does this pullback stop? Well, it's the same
pullback stop? Well, it's the same thing. We start working our way up.
thing. We start working our way up. Boom. We run into this area right here.
Boom. We run into this area right here. We have one, two,
We have one, two, and nothing else. Oh, I lied. We look a
and nothing else. Oh, I lied. We look a little bit more left and bang. Cool.
little bit more left and bang. Cool. Let's call it right there. We have one,
Let's call it right there. We have one, two, and three. That right there, ladies
two, and three. That right there, ladies and gentlemen, is a valid area of
and gentlemen, is a valid area of interest. That right there is indeed
interest. That right there is indeed considered an area of interest. Area of
considered an area of interest. Area of interest number one. One, two, and
interest number one. One, two, and three. Cool. We have the first area of
three. Cool. We have the first area of interest. We just simply go ahead and
interest. We just simply go ahead and start from this point right here and
start from this point right here and keep going back. We have one, none,
keep going back. We have one, none, none, and none. No area of interest. We
none, and none. No area of interest. We keep working our way up. Boom. We run
keep working our way up. Boom. We run into this right here. One, two, and
into this right here. One, two, and three. So, we already had this area of
three. So, we already had this area of interest in the past. Very clean, very
interest in the past. Very clean, very obvious. We keep working from this point
obvious. We keep working from this point right here. We keep working our way up.
right here. We keep working our way up. Bam. Boom. Guess what we run into here?
Bam. Boom. Guess what we run into here? One, two, and three. And I'm sure we can
One, two, and three. And I'm sure we can squeeze this one in here for four. One,
squeeze this one in here for four. One, two, three, four. And then if we keep
two, three, four. And then if we keep working our way from the top, from this
working our way from the top, from this right here, keep working our way from
right here, keep working our way from all the way right here, we run into that
all the way right here, we run into that point. There's only one structure point
point. There's only one structure point there. And then there is another one
there. And then there is another one like this. How many pips is this? This
like this. How many pips is this? This is a total of 52 pips. So technically on
is a total of 52 pips. So technically on this lower low leg there is one, two,
this lower low leg there is one, two, three and four areas of interest that
three and four areas of interest that the market can potentially have a
the market can potentially have a reaction from. The market can have a
reaction from. The market can have a pullback to either here and have a
pullback to either here and have a reaction here and have a reaction here
reaction here and have a reaction here and have a reaction or here and have a
and have a reaction or here and have a reaction. Once again, is this something
reaction. Once again, is this something that can often happen that you would
that can often happen that you would have four areas of interest? Yes. But
have four areas of interest? Yes. But our job as traders is just to wait for
our job as traders is just to wait for the market to get to every single one of
the market to get to every single one of these or whichever one of these it gets
these or whichever one of these it gets to and then us apply the strategy to it.
to and then us apply the strategy to it. I can say based off of my experience
I can say based off of my experience that if I were to have four areas of
that if I were to have four areas of interest, my strategy would probably
interest, my strategy would probably have a full check off checklist at maybe
have a full check off checklist at maybe one or two of these areas of interest.
one or two of these areas of interest. Now, not because the area of interest
Now, not because the area of interest isn't valid. It's just because the
isn't valid. It's just because the market isn't going to react to every
market isn't going to react to every single one of these. It's probably going
single one of these. It's probably going to break right through this one and then
to break right through this one and then maybe here it'll have a little bit of a
maybe here it'll have a little bit of a reaction, but then I don't get the
reaction, but then I don't get the proper entry signal that I need. And
proper entry signal that I need. And then it'll actually make it to this area
then it'll actually make it to this area right here. And then here is where I
right here. And then here is where I then get my entry signal and then I
then get my entry signal and then I actually take the trade. If I miss this
actually take the trade. If I miss this trade at this area, can then I enter the
trade at this area, can then I enter the trade if it breaks below this area of
trade if it breaks below this area of interest to then sell? Sure. Yes, you
interest to then sell? Sure. Yes, you could do this. These are all different
could do this. These are all different possible potential scenarios and
possible potential scenarios and hypotheticals of things that can happen.
hypotheticals of things that can happen. But our job is to wait for this
But our job is to wait for this retracement. So once we get this, we can
retracement. So once we get this, we can then sell. So this is just a very simple
then sell. So this is just a very simple example of a sell markets. Same exact
example of a sell markets. Same exact thing. This is now the new lower low.
thing. This is now the new lower low. For example, this is now the new lower
For example, this is now the new lower high. We could invalidate this area of
high. We could invalidate this area of interest. We could invalidate this area
interest. We could invalidate this area of interest. This area of interest could
of interest. This area of interest could stay because it's still within the lower
stay because it's still within the lower high and the lower low. We just do the
high and the lower low. We just do the exact same thing. We start working from
exact same thing. We start working from the bottom right into this point right
the bottom right into this point right here. We can find one, two, three, and
here. We can find one, two, three, and let's just call this one four. Don't
let's just call this one four. Don't worry, I do this very fast because I
worry, I do this very fast because I think I've been doing this for longer
think I've been doing this for longer than I can remember. But here we have
than I can remember. But here we have one, two, three with this point right
one, two, three with this point right here, four, five, and six. So, let's
here, four, five, and six. So, let's just say we have two areas of interest
just say we have two areas of interest in this market. Same exact thing. We're
in this market. Same exact thing. We're waiting for a pull back into here to
waiting for a pull back into here to then sell or a pullback here into then
then sell or a pullback here into then sell. That right there, ladies and
sell. That right there, ladies and gentlemen, is how area of interest
gentlemen, is how area of interest works. How you can spot it in the middle
works. How you can spot it in the middle of the market and how you use it with
of the market and how you use it with market structure. Now,
market structure. Now, we go do this in the real market in real
we go do this in the real market in real time.
time. It is no different ladies and gentlemen.
It is no different ladies and gentlemen. If we come here to the weekly time
If we come here to the weekly time frame, we can only place a weekly area
frame, we can only place a weekly area of interest within this higher high and
of interest within this higher high and within this higher low. Now, same exact
within this higher low. Now, same exact principle applies as to the trend. For
principle applies as to the trend. For you to identify the area of interest is
you to identify the area of interest is going to be the exact same thing. So,
going to be the exact same thing. So, here we're going to do weekly and area
here we're going to do weekly and area of interest. Daily and area of interest,
of interest. Daily and area of interest, 4hour, there's going to be no area of
4hour, there's going to be no area of interest. So, we only look for an area
interest. So, we only look for an area of interest on the weekly and on the
of interest on the weekly and on the daily. But we use these three time
daily. But we use these three time frames to identify the trend. But we
frames to identify the trend. But we only find an area of interest on the
only find an area of interest on the weekly and the daily. Now, some of you
weekly and the daily. Now, some of you guys may be asking, why are we going to
guys may be asking, why are we going to only find an area of interest on the
only find an area of interest on the weekly and the daily? Well, the truth is
weekly and the daily? Well, the truth is that the market is going to be respected
that the market is going to be respected so much more from the higher time frames
so much more from the higher time frames compared to the lower time frames. In
compared to the lower time frames. In the 4hour time frame, I have found that
the 4hour time frame, I have found that I can have 10 areas of interest. And I
I can have 10 areas of interest. And I don't want 10 areas of interest. I want
don't want 10 areas of interest. I want maybe one, maybe two, max three. I don't
maybe one, maybe two, max three. I don't want more than three areas of the market
want more than three areas of the market could potentially have a reaction from.
could potentially have a reaction from. And I always want to trade with the
And I always want to trade with the higher time frames. Not because I'm a
higher time frames. Not because I'm a swing trader. I don't want you guys to
swing trader. I don't want you guys to get that confused. It's because I like
get that confused. It's because I like to trade with the higher time frames
to trade with the higher time frames backing my trade. I want the weekly and
backing my trade. I want the weekly and the daily trend to be in my favor so it
the daily trend to be in my favor so it can push my trade in that direction. I
can push my trade in that direction. I want to buy or sell the market at a
want to buy or sell the market at a daily or weekly area of interest. So
daily or weekly area of interest. So that support level is being pushed by
that support level is being pushed by the higher time frame. I want to buy at
the higher time frame. I want to buy at a daily support because that's what's
a daily support because that's what's going to give me that daily push to the
going to give me that daily push to the upside. I don't want to do it off of a 4
upside. I don't want to do it off of a 4 hour. A 4 hour area of interest could
hour. A 4 hour area of interest could break and retest it 10 times within the
break and retest it 10 times within the same day. On the daily, it'll take much
same day. On the daily, it'll take much longer just simply because the
longer just simply because the candlesticks take much more to move. So
candlesticks take much more to move. So they get respected a lot more. So in
they get respected a lot more. So in order for me to find an area of interest
order for me to find an area of interest on the weekly, I have to go back max
on the weekly, I have to go back max five to six years, the exact same time
five to six years, the exact same time it takes me to identify the trend. And I
it takes me to identify the trend. And I only have an area of interest in between
only have an area of interest in between the weekly and the daily. No area of
the weekly and the daily. No area of interest on the 4 hour. So if I were to
interest on the 4 hour. So if I were to get this area of interest and I were
get this area of interest and I were just to drag it left, I don't really
just to drag it left, I don't really have to go further back than let's say
have to go further back than let's say two years. But for example, right now on
two years. But for example, right now on the weekly time frame, we understand
the weekly time frame, we understand that that is the weekly higher high.
that that is the weekly higher high. That is the weekly higher low. And what
That is the weekly higher low. And what we could start doing is working our way
we could start doing is working our way down. If we start working our way down,
down. If we start working our way down, what do we run into? If we don't have a
what do we run into? If we don't have a clear vision, we can go to the market
clear vision, we can go to the market structure. And in the market structure,
structure. And in the market structure, what do we have? For example, right
what do we have? For example, right here,
here, we have one, two, and three. Can that be
we have one, two, and three. Can that be a valid area of interest? Sure. Can we
a valid area of interest? Sure. Can we make this a very tight area of interest
make this a very tight area of interest like this? We have one. We have to
like this? We have one. We have to include this one right here for it to be
include this one right here for it to be a valid one. One, two, and three.
a valid one. One, two, and three. Technically, four if we include this as
Technically, four if we include this as well. So, we can probably move it up
well. So, we can probably move it up just a little bit. And nothing else to
just a little bit. And nothing else to the right. Now, let's see how that looks
the right. Now, let's see how that looks like on the daily with the candlesticks.
like on the daily with the candlesticks. Very clean on the daily. Very clean
Very clean on the daily. Very clean elbow here. Very clean elbow here. And
elbow here. Very clean elbow here. And very clean elbow here. This one is not
very clean elbow here. This one is not so clean on the candlestick chart, but
so clean on the candlestick chart, but we still indeed have three very valid
we still indeed have three very valid elbows including the candlesticks. So
elbows including the candlesticks. So maybe on the line chart you can have 10
maybe on the line chart you can have 10 structure points but when you go verify
structure points but when you go verify this on the actual candlestick chart you
this on the actual candlestick chart you maybe only have five. So you always want
maybe only have five. So you always want to use the line chart to make it a
to use the line chart to make it a obvious area of interest. After you make
obvious area of interest. After you make it an obvious area of interest, right?
it an obvious area of interest, right? So we would also have counted this right
So we would also have counted this right here. So that's an obvious elbow
here. So that's an obvious elbow rejection from this area of interest. We
rejection from this area of interest. We then go to the daily to confirm that
then go to the daily to confirm that it's a real rejection or a valid elbow.
it's a real rejection or a valid elbow. And then there we would actually remove
And then there we would actually remove it and be like okay it's not as clean
it and be like okay it's not as clean for example as this one or this one or
for example as this one or this one or this one. These are more obvious
this one. These are more obvious reversal points. So even then this is
reversal points. So even then this is still a valid area of interest. So this
still a valid area of interest. So this right here would be a weekly
right here would be a weekly area of interest. We keep going from
area of interest. We keep going from this point down right here and uh keep
this point down right here and uh keep working our way down. So we go back to
working our way down. So we go back to the line chart. Switch to the line
the line chart. Switch to the line chart. And on this line chart, we're
chart. And on this line chart, we're going to now identify the next potential
going to now identify the next potential area of interest. Start working our way
area of interest. Start working our way down. Working our way down. And boom, we
down. Working our way down. And boom, we run into this right here. We have one,
run into this right here. We have one, two, three, four, five rejections from
two, three, four, five rejections from this area. All right, cool. Can make
this area. All right, cool. Can make this a very tight zone. Also, by the
this a very tight zone. Also, by the way, we have to measure this zone. I
way, we have to measure this zone. I forgot it. So, we measure this zone. We
forgot it. So, we measure this zone. We have a total of 54 pips. So yes, this is
have a total of 54 pips. So yes, this is a valid area of interest as long as it's
a valid area of interest as long as it's below 60. Cool. This area right here, we
below 60. Cool. This area right here, we have one, we have two, we have three, we
have one, we have two, we have three, we have four,
have four, five, and then six. Let's go check out
five, and then six. Let's go check out the candlesticks to confirm that that
the candlesticks to confirm that that [ __ ] is legit. This one's okay. So, we
[ __ ] is legit. This one's okay. So, we have one. This one's okay. We have two
have one. This one's okay. We have two for sure. three, four, and five for
for sure. three, four, and five for sure. Okay, so we can technically remove
sure. Okay, so we can technically remove this one. I like this elbow. I like this
this one. I like this elbow. I like this elbow. I like this. I like this. And I
elbow. I like this. I like this. And I like this. Very clean break, retest,
like this. Very clean break, retest, sell, rejection, sell. Cool. So that's
sell, rejection, sell. Cool. So that's area of interest, too. Not bad. So we
area of interest, too. Not bad. So we have a weekly second area of interest.
have a weekly second area of interest. Next, we're going to continue going
Next, we're going to continue going down. We're going to go all the way
down. We're going to go all the way until we make it to the higher low. We
until we make it to the higher low. We stop at the higher low every single time
stop at the higher low every single time or we stop at the lower high if we're
or we stop at the lower high if we're looking for sells. Right? So now we
looking for sells. Right? So now we continue going to the downside and we
continue going to the downside and we then run into boom this structure point
then run into boom this structure point right here we have one two three four
right here we have one two three four and five. All right. Cool. Right here we
and five. All right. Cool. Right here we also have one two three four and five.
also have one two three four and five. So if we were to once again get our
So if we were to once again get our trusty circle
trusty circle and do this right here. And I've never
and do this right here. And I've never seen anybody do this. how I'm walking it
seen anybody do this. how I'm walking it with it. Like you guys right now,
with it. Like you guys right now, everybody tries just to speed through
everybody tries just to speed through this stuff. Like I really want to
this stuff. Like I really want to generally take my time so you guys can
generally take my time so you guys can learn from this because I'm telling you,
learn from this because I'm telling you, I searched the internet for [ __ ]
I searched the internet for [ __ ] months to understand this. Like you guys
months to understand this. Like you guys have no idea.
have no idea. We go back to the candlestick chart.
We go back to the candlestick chart. This is a clear rejection. This is a
This is a clear rejection. This is a clear rejection. Very clear. Very clear.
clear rejection. Very clear. Very clear. And not so clear. I would not count that
And not so clear. I would not count that as a structure point. I would count this
as a structure point. I would count this one. I would count this one. Yes. And
one. I would count this one. Yes. And yes. Even then that is more than three
yes. Even then that is more than three that makes that a valid area of
that makes that a valid area of interest. Now this right here
interest. Now this right here technically are the three weekly areas
technically are the three weekly areas of interest. This is weekly area of
of interest. This is weekly area of interest number one, weekly area of
interest number one, weekly area of interest number two and weekly area of
interest number two and weekly area of interest number three. That right there
interest number three. That right there as you can tell ladies and gentlemen is
as you can tell ladies and gentlemen is a very clear indication that these are
a very clear indication that these are the potential areas where the weekly
the potential areas where the weekly time frame could have a retracement to
time frame could have a retracement to buy, retracement to buy and then
buy, retracement to buy and then retracement to buy. Now, what we would
retracement to buy. Now, what we would do is we would go down to then the daily
do is we would go down to then the daily time frame, right? And on the daily time
time frame, right? And on the daily time frame, we're going to do the exact same
frame, we're going to do the exact same thing, but for the daily higher low and
thing, but for the daily higher low and for the daily higher high. So, we're
for the daily higher high. So, we're going to have this blue on blue box be
going to have this blue on blue box be the weekly area of interest and this
the weekly area of interest and this blue on blue box be the weekly area of
blue on blue box be the weekly area of interest. This is also the weekly area
interest. This is also the weekly area of interest. But for the daily area of
of interest. But for the daily area of interest, we're going to have a red
interest, we're going to have a red outline, right? So, we're going to get
outline, right? So, we're going to get this box right here and we're going to
this box right here and we're going to make the outline of this box. We're
make the outline of this box. We're going to make it red. So, we can start
going to make it red. So, we can start off once again at the high of this
off once again at the high of this market. And we can just basically start
market. And we can just basically start working our way down. Start working our
working our way down. Start working our way down. We're basically going to run
way down. We're basically going to run into this structure area right here.
into this structure area right here. Resistance, support, support, and we can
Resistance, support, support, and we can look more left. We're going to see more
look more left. We're going to see more structure points coming up to the left
structure points coming up to the left hand side over here. In just a second,
hand side over here. In just a second, we're going to see more structure
we're going to see more structure points. And the goal for us to do here
points. And the goal for us to do here is just to try and minimize as much
is just to try and minimize as much noise as possible and focus on as many
noise as possible and focus on as many things as just focus on like the the
things as just focus on like the the clear market structure points. And right
clear market structure points. And right here, as you can tell, we can have here
here, as you can tell, we can have here one structure point up here. Two, go a
one structure point up here. Two, go a little bit more to the left. And then we
little bit more to the left. And then we can also focus on one, two, three, four,
can also focus on one, two, three, four, five, six, seven. Right? So we have more
five, six, seven. Right? So we have more than three for sure. Let's look at it on
than three for sure. Let's look at it on the candlestick chart. So right here as
the candlestick chart. So right here as you can tell we have one two three four
you can tell we have one two three four five six seven eight nine at that point
five six seven eight nine at that point right there we got 10. So obviously
right there we got 10. So obviously there is also a valid daily area of
there is also a valid daily area of interest right in here. Now if you can
interest right in here. Now if you can tell what a coincidence that that daily
tell what a coincidence that that daily area of interest also happens to be the
area of interest also happens to be the weekly area of interest. Right? So just
weekly area of interest. Right? So just putting that on to the side and that's
putting that on to the side and that's going to be important later on. Right?
going to be important later on. Right? But for now let's just let's keep going.
But for now let's just let's keep going. Right? Let's focus on from this high
Right? Let's focus on from this high point up here, working our way down from
point up here, working our way down from this point right here. And then boom, we
this point right here. And then boom, we run into this next structure points that
run into this next structure points that we have right here. Obviously, for just
we have right here. Obviously, for just the simplicity of the video, I've
the simplicity of the video, I've skipped this structure point. Then I've
skipped this structure point. Then I've gone to the more obvious one. Can there
gone to the more obvious one. Can there be more structure points at this area
be more structure points at this area right here that I have just identified
right here that I have just identified over here? And I go more to the left.
over here? And I go more to the left. Sure, I'm sure we can find some
Sure, I'm sure we can find some structure points there. You can find
structure points there. You can find three touches anywhere, but our goal is
three touches anywhere, but our goal is to find the three closest touches to
to find the three closest touches to where price is right now and the most
where price is right now and the most relevant. If you have to go back far
relevant. If you have to go back far left, you could. No problem. But you
left, you could. No problem. But you want to get the most strongest and most
want to get the most strongest and most relevant points. Now, if you notice
relevant points. Now, if you notice right here on the daily time frame, what
right here on the daily time frame, what do we have right here? Well, 1 2 3 4 5.
do we have right here? Well, 1 2 3 4 5. How does this look like on the
How does this look like on the candlestick chart? Perfect. 1 2 3 4 5.
candlestick chart? Perfect. 1 2 3 4 5. We have another area of interest. And
We have another area of interest. And what a coincidence, we can also align
what a coincidence, we can also align that with our daily higher low. Well,
that with our daily higher low. Well, would you look at that? We have weekly
would you look at that? We have weekly area of interest number two happens to
area of interest number two happens to also line up with our daily area of
also line up with our daily area of interest number two. So now this right
interest number two. So now this right here is pretty much a perfect
here is pretty much a perfect coincidence, right? I wish I would have
coincidence, right? I wish I would have known this before I even started this
known this before I even started this analysis. So, it would have been easier
analysis. So, it would have been easier if it wasn't, but it would have been
if it wasn't, but it would have been easier because I could have separated
easier because I could have separated the areas of interest and stuff like
the areas of interest and stuff like that. But this right here shows you how
that. But this right here shows you how areas of interest from the weekly and
areas of interest from the weekly and the daily happen to align for this
the daily happen to align for this example right here. We're going to go
example right here. We're going to go through all those examples where they
through all those examples where they don't. So, for now, we're just going to
don't. So, for now, we're just going to remove this weekly area of interest, the
remove this weekly area of interest, the third one, because there's so much that
third one, because there's so much that price has to come back through and
price has to come back through and actually be able to break before getting
actually be able to break before getting there. So, now we go back to the weekly
there. So, now we go back to the weekly time frame. This is what it looks like.
time frame. This is what it looks like. This weekly area of interest happens to
This weekly area of interest happens to also be a daily area of interest. This
also be a daily area of interest. This weekly area of interest happens to also
weekly area of interest happens to also be this daily area of interest. So what
be this daily area of interest. So what do I like to do in a scenario like this
do I like to do in a scenario like this when we have two overlapping areas of
when we have two overlapping areas of interest. What I like to do is to
interest. What I like to do is to combine them as much as I can. I like to
combine them as much as I can. I like to find the happy medium. I try and see if
find the happy medium. I try and see if I can make this area of interest right
I can make this area of interest right here on the daily somewhat fit in the
here on the daily somewhat fit in the middle of this weekly area of interest.
middle of this weekly area of interest. And if it could still have more than
And if it could still have more than three touches to fit inside of this area
three touches to fit inside of this area of interest, then I would just minimize
of interest, then I would just minimize throughout the top. So, as you can tell
throughout the top. So, as you can tell here, I moved it down a little bit and I
here, I moved it down a little bit and I have more taps here, more taps here,
have more taps here, more taps here, more tabs here, more tabs here. And what
more tabs here, more tabs here. And what I try and do is just make this as tight
I try and do is just make this as tight as possible. So, 60 pips is the biggest,
as possible. So, 60 pips is the biggest, but the sweet spot is around 20 to 35
but the sweet spot is around 20 to 35 pips. Now, this daily area of interest
pips. Now, this daily area of interest is right at that 25 pip mark. And I'm
is right at that 25 pip mark. And I'm sure that I can squeeze this weekly area
sure that I can squeeze this weekly area of interest to this structure point and
of interest to this structure point and then squeeze it right into that daily
then squeeze it right into that daily structure point as well. So, if we go
structure point as well. So, if we go out to the weekly, let's see if we have
out to the weekly, let's see if we have a minimum of three touches with that
a minimum of three touches with that right there. As you can tell, indeed, we
right there. As you can tell, indeed, we somewhat still do. I would have to move
somewhat still do. I would have to move the weekly a little bit higher for us to
the weekly a little bit higher for us to actually get that right there for us to
actually get that right there for us to get that right there. And then, in order
get that right there. And then, in order for us to also count that structure
for us to also count that structure point right there. So, right there, we
point right there. So, right there, we are counting that structure point and
are counting that structure point and that structure point, what I can do here
that structure point, what I can do here as well is move the daily time frame up
as well is move the daily time frame up along with that weekly. And then, boom.
along with that weekly. And then, boom. Right there we have a perfect daily area
Right there we have a perfect daily area of interest that aligns with a weekly
of interest that aligns with a weekly area of interest. This is a beautiful
area of interest. This is a beautiful sweet spot. This right here lets me know
sweet spot. This right here lets me know that if price retraces to this area,
that if price retraces to this area, which is where we are right now, not
which is where we are right now, not only are are we at a daily and weekly
only are are we at a daily and weekly area of interest, but they're both
area of interest, but they're both overlapping. And if it just doesn't get
overlapping. And if it just doesn't get respected here, then it has a higher
respected here, then it has a higher probability of coming to this area and
probability of coming to this area and then basically respecting and having a
then basically respecting and having a reaction from that point right there.
reaction from that point right there. This right here is beautiful. I love to
This right here is beautiful. I love to see this. I love having both of these
see this. I love having both of these confirmations because this just lets me
confirmations because this just lets me know that these time frames are actually
know that these time frames are actually in sync. The weekly and daily are in
in sync. The weekly and daily are in sync. Areas of interest in sync. All
sync. Areas of interest in sync. All overall, it makes sense to actually
overall, it makes sense to actually enter this trade as a buy rather than a
enter this trade as a buy rather than a sell. Because at the end of the day,
sell. Because at the end of the day, that's all we're trying to do. We're
that's all we're trying to do. We're trying to make this trade make more
trying to make this trade make more sense that it's going to go to the
sense that it's going to go to the upside and to the downside. So, right
upside and to the downside. So, right now, this is very, very, very simple,
now, this is very, very, very simple, over-the-top top down analysis. Now
over-the-top top down analysis. Now again, if this looks a little bit
again, if this looks a little bit confusing, you know, you don't have to
confusing, you know, you don't have to leave these lines up here. You can you
leave these lines up here. You can you can move them if you want. I like
can move them if you want. I like leaving them sometimes because it just
leaving them sometimes because it just gives me an overall idea of where the
gives me an overall idea of where the market is. And it lets me know that I
market is. And it lets me know that I should only be focusing inside of this
should only be focusing inside of this zone right here. And it lets me know
zone right here. And it lets me know that all I have to do as a trader right
that all I have to do as a trader right now is wait for price to actually have a
now is wait for price to actually have a retracement into this zone for the
retracement into this zone for the market to have a reaction from there or
market to have a reaction from there or let the price come into this zone and
let the price come into this zone and then let the market have a reaction from
then let the market have a reaction from there. This right here is what 99% of
there. This right here is what 99% of traders cannot do. Right? Traders cannot
traders cannot do. Right? Traders cannot identify trend. Traders cannot identify
identify trend. Traders cannot identify market structure. They can't even tell
market structure. They can't even tell where to properly put an area of
where to properly put an area of interest or where even the market is.
interest or where even the market is. Now, we can very clearly tell if we were
Now, we can very clearly tell if we were just going to look at this market based
just going to look at this market based off of market structure. So, if I were
off of market structure. So, if I were just to look at this for the structure
just to look at this for the structure of the market, which is what we should
of the market, which is what we should always look at it, but on the
always look at it, but on the candlestick chart rather than the line
candlestick chart rather than the line chart. If we were to look at it just on
chart. If we were to look at it just on the candlestick chart, just so you guys
the candlestick chart, just so you guys get a visual, if you look at this
get a visual, if you look at this without any of the drawings, what does
without any of the drawings, what does this look like? If I were just to focus
this look like? If I were just to focus on this move right here, this looks like
on this move right here, this looks like a perfect break, then a retest to this
a perfect break, then a retest to this structure point and then a push to the
structure point and then a push to the upside. What a coincidence that
upside. What a coincidence that structure point happens to be the weekly
structure point happens to be the weekly area of interest and also the daily area
area of interest and also the daily area of interest and also at that daily
of interest and also at that daily higher low. If I were to pick an area of
higher low. If I were to pick an area of interest, if I were to pick one over the
interest, if I were to pick one over the other, I would for sure pick this one
other, I would for sure pick this one just because it's more of a textbook
just because it's more of a textbook trade. When you see a textbook move, you
trade. When you see a textbook move, you see something like this. Comes back to
see something like this. Comes back to this structure point. Then it just
this structure point. Then it just continues to go up. If you ask me, that
continues to go up. If you ask me, that is exactly what this is right here. That
is exactly what this is right here. That is the previous structure point. That is
is the previous structure point. That is the break. And now we are on the way to
the break. And now we are on the way to retest that to potentially have this
retest that to potentially have this move to the upside. So that right there
move to the upside. So that right there is just basic market structure. I have
is just basic market structure. I have taught you guys what is top down
taught you guys what is top down analysis, how to use these time frames
analysis, how to use these time frames in sync to determine if something is
in sync to determine if something is bullish or bearish, and how to place a
bullish or bearish, and how to place a proper area of interest. All of this is
proper area of interest. All of this is quote unquote still very beginner stuff
quote unquote still very beginner stuff but also getting into a bit intermediate
but also getting into a bit intermediate just simply because
just simply because all you need now is just practice. Go
all you need now is just practice. Go out there and go practice this because
out there and go practice this because that is going to be the crucial part of
that is going to be the crucial part of you to actually perfect it and see it as
you to actually perfect it and see it as effectively and as quick as I do. But to
effectively and as quick as I do. But to this right here, what I am showing you
this right here, what I am showing you guys, this took me a year to understand,
guys, this took me a year to understand, a year to really like get it and like
a year to really like get it and like put it into practice. ICS took me such a
put it into practice. ICS took me such a long time and so many wasted hours of
long time and so many wasted hours of just placing market structure
just placing market structure incorrectly putting areas of interest in
incorrectly putting areas of interest in areas where it didn't even make sense.
areas where it didn't even make sense. Just so much wasted time which obviously
Just so much wasted time which obviously led to waste of money that you guys
led to waste of money that you guys can't even fathom. Like I'm making all
can't even fathom. Like I'm making all of this in one video. But I also don't
of this in one video. But I also don't want to overload you on information that
want to overload you on information that it's just me repeating myself and I want
it's just me repeating myself and I want to make sure that you get the point
to make sure that you get the point perfect and then you can go on and go
perfect and then you can go on and go practice it. Right? So right now that is
practice it. Right? So right now that is top down analysis. That is how it is. it
top down analysis. That is how it is. it has worked. We do a top down analysis
has worked. We do a top down analysis from the weekly to the daily to the 4
from the weekly to the daily to the 4 hour to determine if something is
hour to determine if something is bullish or if something is bearish. Once
bullish or if something is bearish. Once we determine that we have two
we determine that we have two consecutive time frames in sync how we
consecutive time frames in sync how we have here for the weekly time frame
have here for the weekly time frame where this would be the higher high and
where this would be the higher high and this would be the higher low. We then go
this would be the higher low. We then go ahead to the daily time frame. We
ahead to the daily time frame. We identify the higher high and then we
identify the higher high and then we identify the higher low. We then just do
identify the higher low. We then just do it on the 4 hour just to see if we have
it on the 4 hour just to see if we have that added time frame. Then we place our
that added time frame. Then we place our areas of interest within these higher
areas of interest within these higher highs and higher lows. And then we can
highs and higher lows. And then we can tell that we're only looking at this
tell that we're only looking at this right here in the market. And we're
right here in the market. And we're waiting for the market to come back,
waiting for the market to come back, retest this zone, apply the strategy
retest this zone, apply the strategy here. If we don't get it, then we wait
here. If we don't get it, then we wait for the strategy to get applied here.
for the strategy to get applied here. Now, once again, if the market for some
Now, once again, if the market for some reason somehow breaks below this area of
reason somehow breaks below this area of interest, could we then have a reaction
interest, could we then have a reaction from the middle of this area? Do we buy
from the middle of this area? Do we buy in the middle? No. Do we buy at the
in the middle? No. Do we buy at the bottom? No. We have to wait for the
bottom? No. We have to wait for the break of it, come back, retest it, and
break of it, come back, retest it, and then you have the trade to the upside.
then you have the trade to the upside. This right here would be the perfect
This right here would be the perfect trade setup. As long as we are above the
trade setup. As long as we are above the support level, we either take the trade
support level, we either take the trade fully at this area of interest or above
fully at this area of interest or above this area of interest or above this area
this area of interest or above this area of interest. There's no if ends or buts
of interest. There's no if ends or buts about that. You need to buy at a support
about that. You need to buy at a support and you need to sell at a resistance.
and you need to sell at a resistance. Now, for a sell, pretty much just the
Now, for a sell, pretty much just the complete opposite. You can literally
complete opposite. You can literally just flip the chart. You right click
just flip the chart. You right click this section in Trading View and then
this section in Trading View and then you click invert scale. And then it's
you click invert scale. And then it's pretty much the same exact thing. You
pretty much the same exact thing. You have the bearish move. You have to wait
have the bearish move. You have to wait for it to come back to retest this
for it to come back to retest this structure point to then sell. Or you
structure point to then sell. Or you would have to wait for price to then
would have to wait for price to then come back and then retest this structure
come back and then retest this structure point over here to then sell. Either one
point over here to then sell. Either one are equally as strong and each one of
are equally as strong and each one of them are equally as valid. You just have
them are equally as valid. You just have to wait for the strategy to be aligned
to wait for the strategy to be aligned at that point.
at that point. So with that being said, let's move on
So with that being said, let's move on to our next point which is going to be
to our next point which is going to be kind of handinhand with what we are
kind of handinhand with what we are talking about with right now and it's
talking about with right now and it's probably going to be one of the most
probably going to be one of the most common things you've heard if you've
common things you've heard if you've heard anything about trading and
heard anything about trading and probably one of the main things that I
probably one of the main things that I personally use on a daily basis and it's
personally use on a daily basis and it's going to go handinhand with everything
going to go handinhand with everything that we're talking about right here and
that we're talking about right here and that is going to be break of structure
that is going to be break of structure slash break and retest. test
slash break and retest. test slashtouch
slash shift of structure.
shift of structure. All of this right here
All of this right here is almost the same thing. This one right
is almost the same thing. This one right here is the only one that is different
here is the only one that is different to every single one of these. Break of
to every single one of these. Break of structure, chach, and shift of structure
structure, chach, and shift of structure are all the same [ __ ] So, let's start
are all the same [ __ ] So, let's start off with break of structure. Right? This
off with break of structure. Right? This market right here is clearly
market right here is clearly bullish, right? We know that already. We
bullish, right? We know that already. We know that this is the higher high and we
know that this is the higher high and we know that this is the higher low. Cool.
know that this is the higher low. Cool. What happens if this does this?
What happens if this does this? Well, [ __ ] [ __ ] We just broke the
Well, [ __ ] [ __ ] We just broke the structure. We broke the higher low. We
structure. We broke the higher low. We shifted the structure. We ch What the
shifted the structure. We ch What the [ __ ] is chach? I don't know. All these
[ __ ] is chach? I don't know. All these fugazi traders came up with this [ __ ]
fugazi traders came up with this [ __ ] Chach is equal to change of character.
Chach is equal to change of character. This is what chach means. Change of
This is what chach means. Change of character. Change of character. It they
character. Change of character. It they were identifying this that the character
were identifying this that the character or the what it identifies as was
or the what it identifies as was bullish. Now it has changed that
bullish. Now it has changed that identity to now bearish. Same [ __ ]
identity to now bearish. Same [ __ ] [ __ ] as shift of structure. Same [ __ ]
[ __ ] as shift of structure. Same [ __ ] [ __ ] as break of structure. That [ __ ]
[ __ ] as break of structure. That [ __ ] pisses me off how they put all these
pisses me off how they put all these different names to all these same exact
different names to all these same exact [ __ ] They just [ __ ] complicate
[ __ ] They just [ __ ] complicate everything. Change of character is when
everything. Change of character is when the market shifts. When you changes from
the market shifts. When you changes from bullish to bearish. Simple. Break of
bullish to bearish. Simple. Break of structure is when this was the previous
structure is when this was the previous structure and we break it. Shift of
structure and we break it. Shift of structure is when this structure shifts
structure is when this structure shifts from bullish to bearish. Easy. Change of
from bullish to bearish. Easy. Change of character is when you change identity
character is when you change identity from being bullish to then being
from being bullish to then being bearish. Simple. Now what is break and
bearish. Simple. Now what is break and you guys already know this I have pretty
you guys already know this I have pretty much have been doing this for the last
much have been doing this for the last two hours right doing shift to structure
two hours right doing shift to structure doing breaks of structure now what is a
doing breaks of structure now what is a break and retest now this one is uh
break and retest now this one is uh probably the the easiest one to explain
probably the the easiest one to explain so let's say price is currently being
so let's say price is currently being held up at a resistance level how we
held up at a resistance level how we were previously right or how we were
were previously right or how we were doing for these examples right so this
doing for these examples right so this right here is a valid level of
right here is a valid level of resistance so the resistance is clearly
resistance so the resistance is clearly trapped within this spot right here and
trapped within this spot right here and we know we cannot actually enter the
we know we cannot actually enter the trade at this resistance. What would we
trade at this resistance. What would we need for the market to do? We would need
need for the market to do? We would need for the market to break above this area
for the market to break above this area and come back into this area to then
and come back into this area to then actually buy. We need to buy above it.
actually buy. We need to buy above it. Well, this right here is called break
Well, this right here is called break and retest. And break and retest is
and retest. And break and retest is exactly what it says like the name of
exactly what it says like the name of it. It's a [ __ ] break and retest. It
it. It's a [ __ ] break and retest. It is extremely easy. It is extremely
is extremely easy. It is extremely self-explanatory. All you do is wait for
self-explanatory. All you do is wait for the break
the break and the retest for you to take the trade
and the retest for you to take the trade to the upside. That is it. It is really
to the upside. That is it. It is really that simple. Break and retest are very
that simple. Break and retest are very crucial for you to take. Whether it be
crucial for you to take. Whether it be on a area of interest, whether it be at
on a area of interest, whether it be at a resistance used as support, at a
a resistance used as support, at a support used as resistance. You can only
support used as resistance. You can only take the trade once you've had the break
take the trade once you've had the break and then the retest. I get thousands of
and then the retest. I get thousands of messages throughout the weeks of asking,
messages throughout the weeks of asking, "Hey, Alex, can I enter the trade at the
"Hey, Alex, can I enter the trade at the break at the high?" Yes, you could. You
break at the high?" Yes, you could. You could enter the trade at the break. Just
could enter the trade at the break. Just understand, you cannot add that as a
understand, you cannot add that as a break and retest confluence. And we're
break and retest confluence. And we're going to get into confluences later into
going to get into confluences later into this video, but you understand that it's
this video, but you understand that it's just a break. It's not a retest. A
just a break. It's not a retest. A retest is when something comes back, it
retest is when something comes back, it retests it. it uses it as support and
retests it. it uses it as support and then you can be interested in buying the
then you can be interested in buying the trade to the upside because that's where
trade to the upside because that's where you anticipate for this trade to
you anticipate for this trade to actually have the move to the upside.
actually have the move to the upside. Could you count something as a breakout
Could you count something as a breakout and add it as a confluence as a
and add it as a confluence as a breakout? Sure. But it's always a 50/50
breakout? Sure. But it's always a 50/50 chance if it's going to come back and
chance if it's going to come back and retest this point. Now, if it comes back
retest this point. Now, if it comes back and retests this point, it is once again
and retests this point, it is once again another 50/50 chance that it's going to
another 50/50 chance that it's going to actually have the reaction from it
actually have the reaction from it because it could have just done this
because it could have just done this right here. And this is a fake out. This
right here. And this is a fake out. This is a liquidity grab and then guess what?
is a liquidity grab and then guess what? It continued back into this area and
It continued back into this area and then price stays ranging in the zone or
then price stays ranging in the zone or just rejecting this resistance.
just rejecting this resistance. Personally myself, I
Personally myself, I rarely I'd say 30% of the time I get a
rarely I'd say 30% of the time I get a breakout. I enter at the breakout. Now,
breakout. I enter at the breakout. Now, the breakout, as you can tell, I'm doing
the breakout, as you can tell, I'm doing everything based off of market
everything based off of market structure. The breakout is based off of
structure. The breakout is based off of the candlestick of the market. It's not
the candlestick of the market. It's not based off of the wick. It's not based
based off of the wick. It's not based off of the the tail, the do. It's all
off of the the tail, the do. It's all based off of the actual body candlestick
based off of the actual body candlestick closing above this zone. So, this zone
closing above this zone. So, this zone is at these structure points. It's at
is at these structure points. It's at these bodies. And right now, we have a
these bodies. And right now, we have a body that has actually closed above this
body that has actually closed above this area. That right there is a confirmed
area. That right there is a confirmed break. Now I sometimes enter on that
break. Now I sometimes enter on that break. Just depends the momentum where I
break. Just depends the momentum where I am in the week as a trader as a whole.
am in the week as a trader as a whole. Where's my mindset? How much I'm
Where's my mindset? How much I'm risking? How many confluences I have?
risking? How many confluences I have? But the correct thing to do is to wait
But the correct thing to do is to wait for the retest. Now in the retest, you
for the retest. Now in the retest, you want to wait for the body to retest this
want to wait for the body to retest this area and then you get some wick
area and then you get some wick rejections. And those wick rejections is
rejections. And those wick rejections is one of your entry confirmations to enter
one of your entry confirmations to enter the trade. So can you enter the trade on
the trade. So can you enter the trade on the body closure above this area? Sure,
the body closure above this area? Sure, but you can only enter properly on the
but you can only enter properly on the retest and then you need proper body
retest and then you need proper body rejections on that retest. Perfect
rejections on that retest. Perfect example could literally be this right
example could literally be this right here. As you can tell, this is a very
here. As you can tell, this is a very valid level of resistance. As you can
valid level of resistance. As you can tell here, this is resistance,
tell here, this is resistance, resistance, resistance, very valid
resistance, resistance, very valid resistance and area of interest. As you
resistance and area of interest. As you can tell, this right here, these are all
can tell, this right here, these are all wicks. This is not market structure.
wicks. This is not market structure. This is all that price once upon a time
This is all that price once upon a time at one point was a full blue candle,
at one point was a full blue candle, full green candle, full strong candle up
full green candle, full strong candle up here. But guess what? It was never
here. But guess what? It was never strong enough and it always closed
strong enough and it always closed below. So that right there makes that a
below. So that right there makes that a non-confirmation of a break above that
non-confirmation of a break above that area. If we go look at this on the
area. If we go look at this on the actual market structure, which is based
actual market structure, which is based off of the line chart, as you can tell,
off of the line chart, as you can tell, market structure never broke above that.
market structure never broke above that. But the one time that it did break above
But the one time that it did break above that, guess what happened? Price came
that, guess what happened? Price came back and then we retested it. We body
back and then we retested it. We body candlestick closed above with this very
candlestick closed above with this very very strong candle. Then we got a retest
very strong candle. Then we got a retest and then we bought. Could you have
and then we bought. Could you have entered at the breakout? Yes. Would you
entered at the breakout? Yes. Would you have much been better off entering at
have much been better off entering at the retest? Yes. But these break and
the retest? Yes. But these break and retest examples are literally everywhere
retest examples are literally everywhere in the market. I can just simply go to
in the market. I can just simply go to the left and I can almost guarantee you
the left and I can almost guarantee you I can find another one of these in just
I can find another one of these in just a simple like in any possible scenario
a simple like in any possible scenario in any possible time frame you can find
in any possible time frame you can find these examples right here. Perfect
these examples right here. Perfect example could be this. This right here
example could be this. This right here is technically a resistance level.
is technically a resistance level. Resistance level has three touches. If
Resistance level has three touches. If we look at this on the actual market
we look at this on the actual market structure time frame you can see how
structure time frame you can see how this market structure has more than one
this market structure has more than one two and then three. We confirm it with
two and then three. We confirm it with the actual body candlesticks. And yes,
the actual body candlesticks. And yes, we notice here this never body
we notice here this never body candlestick closed above. Never body
candlestick closed above. Never body candlestick closed above. Never body
candlestick closed above. Never body candlestick closed above. And guess
candlestick closed above. And guess what? Body candlestick closed above.
what? Body candlestick closed above. Let's say in this scenario, we were
Let's say in this scenario, we were waiting for the retest. Guess what
waiting for the retest. Guess what happened? We never retested it. We
happened? We never retested it. We missed the trade. It is what it is. It
missed the trade. It is what it is. It happens. Sometimes I enter the trade at
happens. Sometimes I enter the trade at the breakout. Sometimes I enter the
the breakout. Sometimes I enter the trade on the retest. Perfect example
trade on the retest. Perfect example could be this right here. We have
could be this right here. We have resistance. Resistance, right? I could
resistance. Resistance, right? I could just move this resistance a bit more up.
just move this resistance a bit more up. And on this resistance right here, you
And on this resistance right here, you can tell we have resistance, resistance,
can tell we have resistance, resistance, resistance, resistance, body candlestick
resistance, resistance, body candlestick close above, retested right there with
close above, retested right there with that wick on the daily time frame. I
that wick on the daily time frame. I know if we go to the 4hour time frame,
know if we go to the 4hour time frame, it's a much cleaner retest. Beautiful
it's a much cleaner retest. Beautiful push to the upside. This happens in
push to the upside. This happens in sells equally as the amount of times
sells equally as the amount of times many times as well. It also has fake
many times as well. It also has fake outs and fake trades that actually never
outs and fake trades that actually never actually end up having the move. But
actually end up having the move. But there's other times where it also gets
there's other times where it also gets very much respected. But this right here
very much respected. But this right here of a break and retest is the most
of a break and retest is the most textbook example that I can possibly
textbook example that I can possibly give right here. This is a resistance
give right here. This is a resistance level and it's just one structure point.
level and it's just one structure point. Not as strong as if we were to have
Not as strong as if we were to have three, but as you can tell right here,
three, but as you can tell right here, we have broken this area. We retested
we have broken this area. We retested this area. Then we headed to the upside.
this area. Then we headed to the upside. Very, very simple. A break and retest is
Very, very simple. A break and retest is just whenever we break an area and then
just whenever we break an area and then we retest it and then we head to the
we retest it and then we head to the downside. Examples like these I can show
downside. Examples like these I can show you literally never ending. Perfect
you literally never ending. Perfect example is right here. This is a very
example is right here. This is a very strong resistance level. We broke this
strong resistance level. We broke this area and then we came back and then we
area and then we came back and then we retested. We sold off. Another example
retested. We sold off. Another example that we could have is for example right
that we could have is for example right here. This is an area where I actually
here. This is an area where I actually took this loss on this trade right here.
took this loss on this trade right here. this area right here. We actually had
this area right here. We actually had this support, this support. We got this
this support, this support. We got this break and then I waited for the retest
break and then I waited for the retest and I just jumped off on the retest and
and I just jumped off on the retest and guess what? I took the loss. It is what
guess what? I took the loss. It is what it is. It's okay. It happens. It's part
it is. It's okay. It happens. It's part of the process. As you can tell right
of the process. As you can tell right here, this is a very strong level of
here, this is a very strong level of resistance. And this right here was the
resistance. And this right here was the resistance structure, structure,
resistance structure, structure, structure, structure. We can go to the
structure, structure. We can go to the line chart to go ahead and confirm that.
line chart to go ahead and confirm that. And once we look at that here on the
And once we look at that here on the market structure chart, we can see that
market structure chart, we can see that this was creating structure points. I
this was creating structure points. I don't know why. There it is. So we have
don't know why. There it is. So we have one,
one, one, two, three, four, and five. Very
one, two, three, four, and five. Very clean and obvious area of interest. I
clean and obvious area of interest. I would not count that one because the
would not count that one because the candlestick isn't that clean. One, two,
candlestick isn't that clean. One, two, and three, and four, and five. We break
and three, and four, and five. We break this area. We retest it. We head to the
this area. We retest it. We head to the upside. Break and retest happens every
upside. Break and retest happens every single day on every single possible
single day on every single possible market that you could imagine. This is
market that you could imagine. This is probably one of the most textbook things
probably one of the most textbook things that happen in the market. And
that happen in the market. And personally, it's one of my favorite
personally, it's one of my favorite continuation patterns. So, a break and
continuation patterns. So, a break and retest is a continuation pattern that
retest is a continuation pattern that happens once you are looking to either
happens once you are looking to either go with the trend or get out of it. But
go with the trend or get out of it. But a break and retest is a trade
a break and retest is a trade continuation pattern because this is
continuation pattern because this is breaking out of this area and it's
breaking out of this area and it's continuing in that direction. This right
continuing in that direction. This right here, as you can tell, this was bullish
here, as you can tell, this was bullish in this example. It broke above, created
in this example. It broke above, created the new higher high. It retested it.
the new higher high. It retested it. Trade continuation pattern. Again, I can
Trade continuation pattern. Again, I can show many more examples of it reversing
show many more examples of it reversing and then just going in the complete
and then just going in the complete opposite direction. But break and retest
opposite direction. But break and retest is a trade continuation pattern with the
is a trade continuation pattern with the market that it's going to be break and
market that it's going to be break and retesting for. Now breakout works the
retesting for. Now breakout works the same exact way. So I call breakout the
same exact way. So I call breakout the little brother of break and retest. So
little brother of break and retest. So we have breakouts and that's the example
we have breakouts and that's the example that I was giving. Once we actually have
that I was giving. Once we actually have the breakout of the area, you can enter
the breakout of the area, you can enter the trade once it breaks out without the
the trade once it breaks out without the retest. I first like building the
retest. I first like building the foundation on break and retest because
foundation on break and retest because personally myself, I want to trade with
personally myself, I want to trade with as many possible confluences that I can
as many possible confluences that I can and having that extra retest is going to
and having that extra retest is going to be that extra confirmation. At no point
be that extra confirmation. At no point do I want to have overexposure in the
do I want to have overexposure in the markets just because I want to enter a
markets just because I want to enter a trade. I always want to be as less
trade. I always want to be as less exposed as I possibly can. So that's why
exposed as I possibly can. So that's why I always create the base off of the
I always create the base off of the retest. And if sometimes I get the
retest. And if sometimes I get the breakout, sure, I could decide if I want
breakout, sure, I could decide if I want to enter the trade at that time, but I'm
to enter the trade at that time, but I'm going to make sure that I have in my
going to make sure that I have in my mind that I need the retest in order for
mind that I need the retest in order for me to actually enter the trade. But
me to actually enter the trade. But break and retest is the exact same
break and retest is the exact same thing. You either enter at the breakout
thing. You either enter at the breakout once it breaks out with the body
once it breaks out with the body candlestick closing above or you can
candlestick closing above or you can then wait for the retest. Sometimes you
then wait for the retest. Sometimes you might miss out on some trades. Sometimes
might miss out on some trades. Sometimes you might avoid some losses. But break
you might avoid some losses. But break and retest. Breakout is the most
and retest. Breakout is the most textbook trade continuation pattern
textbook trade continuation pattern known to exist. So now at this point you
known to exist. So now at this point you understand the law, right? You
understand the law, right? You understand the different types of
understand the different types of markets that you could be trading. You
markets that you could be trading. You probably know how to understand top
probably know how to understand top analysis and see if something is bullish
analysis and see if something is bullish or bearish. you know on what sections of
or bearish. you know on what sections of the market to actually focus on because
the market to actually focus on because the market is huge. There could be a lot
the market is huge. There could be a lot of noise either at the top or the bottom
of noise either at the top or the bottom or at the middle or and you simply don't
or at the middle or and you simply don't know where to actually go and find the
know where to actually go and find the proper area for you to go ahead and
proper area for you to go ahead and execute the trade. So now you know the
execute the trade. So now you know the difference between actually finding the
difference between actually finding the top or the bottom of the market, knowing
top or the bottom of the market, knowing where the market is, and most
where the market is, and most importantly being able to place that
importantly being able to place that area of interest, and how an area of
area of interest, and how an area of interest could be combined with the
interest could be combined with the weekly and the daily, and that you only
weekly and the daily, and that you only need an area of interest on the weekly,
need an area of interest on the weekly, and you only need an area of interest on
and you only need an area of interest on the daily. You don't need an area of
the daily. You don't need an area of interest on the 4 hour, the 2 hour, and
interest on the 4 hour, the 2 hour, and the 1 hour, the 30 minute, or the
the 1 hour, the 30 minute, or the 15-minut. Those time frames, the area of
15-minut. Those time frames, the area of interest is simply not going to be as
interest is simply not going to be as respected. Can you apply the same
respected. Can you apply the same principle to it? Sure. But it's just
principle to it? Sure. But it's just going to be a lot more high risk, and
going to be a lot more high risk, and it's not going to make sense. I
it's not going to make sense. I personally myself I I think trading
personally myself I I think trading already is as a risk as it is because
already is as a risk as it is because the outcome is not guaranteed and I want
the outcome is not guaranteed and I want to minimize that risk as much as I
to minimize that risk as much as I possibly can by simply having the most
possibly can by simply having the most amount of confluences or reasons in my
amount of confluences or reasons in my favor and making sure that you're on the
favor and making sure that you're on the higher time frames is that so now that
higher time frames is that so now that you understand all of that you kind of
you understand all of that you kind of have to like read the more important
have to like read the more important candlesticks in front of the markets
candlesticks in front of the markets right because the candlestick the
right because the candlestick the markets are full of candlesticks all
markets are full of candlesticks all different types of candlesticks but
different types of candlesticks but there's certain candlesticks that stand
there's certain candlesticks that stand out and are key candlesticks in the
out and are key candlesticks in the chart. And these candlesticks that I'm
chart. And these candlesticks that I'm about to educate you on right now are
about to educate you on right now are basically the top performing
basically the top performing candlesticks in the market. And they
candlesticks in the market. And they happen everywhere in the chart. They
happen everywhere in the chart. They happen at the areas of interest. They
happen at the areas of interest. They happen in the middle of the chart where
happen in the middle of the chart where there's no area of interest. They happen
there's no area of interest. They happen literally. They happen everywhere.
literally. They happen everywhere. Anywhere that you can think of, it's
Anywhere that you can think of, it's going to happen. But where they have the
going to happen. But where they have the most impact is at those areas of
most impact is at those areas of interest and at key points in the
interest and at key points in the markets. Now, I'm going to teach you
markets. Now, I'm going to teach you these patterns right now just so you can
these patterns right now just so you can have them in the back of your mind and
have them in the back of your mind and then you can go look for them when you
then you can go look for them when you actually see the market. You're going to
actually see the market. You're going to see them randomly throughout the market.
see them randomly throughout the market. And I just say they have a 70% of the
And I just say they have a 70% of the time where they are actually respected.
time where they are actually respected. But once they're at a key point in the
But once they're at a key point in the middle of the chart where there's no
middle of the chart where there's no area of interest, where there's no
area of interest, where there's no respected point, they're not supposed to
respected point, they're not supposed to be rejected because there's just simply
be rejected because there's just simply no reason for them to actually respect
no reason for them to actually respect that. So, you got to make sure that you
that. So, you got to make sure that you read these candlesticks for what they
read these candlesticks for what they are and where they're supposed to be
are and where they're supposed to be because yes, you're going to get them in
because yes, you're going to get them in the middle of the chart, but doesn't
the middle of the chart, but doesn't mean that you just trade them because
mean that you just trade them because they happen in the middle of the chart.
they happen in the middle of the chart. Once again, they need to happen at a key
Once again, they need to happen at a key area of interest. So, let's break down
area of interest. So, let's break down these points. Right now, I'm going to be
these points. Right now, I'm going to be sharing with you these candlesticks that
sharing with you these candlesticks that these are the only candlesticks that you
these are the only candlesticks that you need to prioritize when it comes to
need to prioritize when it comes to analyzing the market. Is there other
analyzing the market. Is there other formations? Yes. I don't know any other
formations? Yes. I don't know any other formation that works anywhere near
formation that works anywhere near remotely as much as these. And I'm
remotely as much as these. And I'm actually going to be eliminating some of
actually going to be eliminating some of these just because they're a bit complex
these just because they're a bit complex and they're not as strong. It's only one
and they're not as strong. It's only one of them. And I'll be explaining why in
of them. And I'll be explaining why in just a second. Right. So, I'm going to
just a second. Right. So, I'm going to be showing you bullish candlestick
be showing you bullish candlestick patterns, which are going to be these
patterns, which are going to be these patterns right here. And then I'm going
patterns right here. And then I'm going to be showing you bearish candlestick
to be showing you bearish candlestick patterns. Whatever I show you on one
patterns. Whatever I show you on one side, it's pretty much the same thing,
side, it's pretty much the same thing, but just opposite on the other side.
but just opposite on the other side. Right? So, I want to I want you guys to
Right? So, I want to I want you guys to have a clear understanding of exactly
have a clear understanding of exactly how it works. Once again, so you have
how it works. Once again, so you have the open of the candlestick. So let's
the open of the candlestick. So let's say this is a bullish candle. So this is
say this is a bullish candle. So this is a bullish candlestick how it opened and
a bullish candlestick how it opened and then this is how it closed. This is the
then this is how it closed. This is the highest points in the candlestick which
highest points in the candlestick which is where the wick is. And then this is
is where the wick is. And then this is the lowest point where the candlestick
the lowest point where the candlestick was which is where the bottom of the
was which is where the bottom of the wick is. Same exact thing right here.
wick is. Same exact thing right here. You have the open of the markets. Then
You have the open of the markets. Then the market closed down here. But once
the market closed down here. But once upon a time it was a green candle
upon a time it was a green candle creating a wick up here. And once upon a
creating a wick up here. And once upon a time was a very strong red candle all
time was a very strong red candle all the way down here. But the market has
the way down here. But the market has closed at this point. So this right here
closed at this point. So this right here is how the wicks get formed. And I just
is how the wicks get formed. And I just want to give you guys a very detailed
want to give you guys a very detailed breakdown explanation. I know we've
breakdown explanation. I know we've talked about it already and I've shown
talked about it already and I've shown it to you, but I think a visual image
it to you, but I think a visual image like this is going to help. One of the
like this is going to help. One of the main reversal candlestick patterns is
main reversal candlestick patterns is going to be a dogee and a spinning top.
going to be a dogee and a spinning top. So a dogee is very obvious that there's
So a dogee is very obvious that there's a lot of indecision in the market. Both
a lot of indecision in the market. Both of these right here are indecision in
of these right here are indecision in the markets. But a full dogee is a much
the markets. But a full dogee is a much more clear indecision in the market. A
more clear indecision in the market. A dogee is when the market basically
dogee is when the market basically closes as a cross or closes as a plus
closes as a cross or closes as a plus sign, however you want to see it. But
sign, however you want to see it. But what matters is that there is no body in
what matters is that there is no body in this candlestick. So, as you can tell,
this candlestick. So, as you can tell, in this example right here, there's a
in this example right here, there's a green body and then there's a red body,
green body and then there's a red body, which leads you to understand that it
which leads you to understand that it closed a little bit more in one
closed a little bit more in one direction versus the other. Even if it's
direction versus the other. Even if it's something as small as that, there's a
something as small as that, there's a little bit more red, there's a bit more
little bit more red, there's a bit more strong sellers, or they close green,
strong sellers, or they close green, there's a bit more green, there's a bit
there's a bit more green, there's a bit more buyers. If it closes as a complete
more buyers. If it closes as a complete dogee like this, it's a that the market
dogee like this, it's a that the market is completely standill, right? The
is completely standill, right? The buyers and the sellers cannot make up
buyers and the sellers cannot make up who's stronger or who is weaker. and
who's stronger or who is weaker. and then it stayed with the body like this.
then it stayed with the body like this. This is a great point as an indecision,
This is a great point as an indecision, right? This is good for you to
right? This is good for you to anticipate a continuation move to in
anticipate a continuation move to in your direction or this is just so you
your direction or this is just so you have an idea how the market is moving.
have an idea how the market is moving. If I personally see the daily time frame
If I personally see the daily time frame that is having an indecision like this
that is having an indecision like this after it comes back to a strong area of
after it comes back to a strong area of interest, logically in my mind, I'm
interest, logically in my mind, I'm going to determine that as a slowdown in
going to determine that as a slowdown in price. If I see a dogee like this
price. If I see a dogee like this example right here, after I see a market
example right here, after I see a market that I've had a very strong push up and
that I've had a very strong push up and then on this push up, we are retesting
then on this push up, we are retesting this area of interest. Price is back at
this area of interest. Price is back at this area of interest. This is a very
this area of interest. This is a very wellrespected weekly and daily area of
wellrespected weekly and daily area of interest, for example, that they both
interest, for example, that they both overlap. And then at this area of
overlap. And then at this area of interest, I then get a dogee candlestick
interest, I then get a dogee candlestick that is leading me to understand that
that is leading me to understand that this pullback is potentially stopping.
this pullback is potentially stopping. And now the buyers that are at this
And now the buyers that are at this support level are going to hold price to
support level are going to hold price to the upside. That right there to me is a
the upside. That right there to me is a great indication that this market is now
great indication that this market is now slowing down and that the next
slowing down and that the next candlestick could potentially be an
candlestick could potentially be an engulfing rejecting this area. Now, if I
engulfing rejecting this area. Now, if I were to pick in between both of these,
were to pick in between both of these, if I were to pick in between a dogee or
if I were to pick in between a dogee or a spinning top, I would obviously much
a spinning top, I would obviously much rather have a bullish spinning top
rather have a bullish spinning top because then that just means that the
because then that just means that the buyers are a bit stronger than the
buyers are a bit stronger than the sellers. But having a dogee isn't a red
sellers. But having a dogee isn't a red flag either. It is equally as strong.
flag either. It is equally as strong. But just understanding that this just
But just understanding that this just means undecision in the market. And this
means undecision in the market. And this means that there's a bit more on either
means that there's a bit more on either side depending on which one the body
side depending on which one the body closes in. Nonetheless, this could be
closes in. Nonetheless, this could be used as a perfect reversal and showing
used as a perfect reversal and showing you that the market is ready to move in
you that the market is ready to move in the other direction. That means that the
the other direction. That means that the market has been battling to go to either
market has been battling to go to either side and it couldn't make up its mind
side and it couldn't make up its mind and it closed like this. Now remember
and it closed like this. Now remember key note for this. The higher the time
key note for this. The higher the time frame,
frame, the stronger the formation.
the stronger the formation. If you go down to the one minute time
If you go down to the one minute time frame, you're going to get these
frame, you're going to get these formations that form every single
formations that form every single minutes. If you're going to go to the to
minutes. If you're going to go to the to the 30 minute time frame, these
the 30 minute time frame, these formations happen every 30 minutes. Why?
formations happen every 30 minutes. Why? Because it just it it moves a lot more.
Because it just it it moves a lot more. It's a lot more volatile. The
It's a lot more volatile. The probability of it happening is a lot
probability of it happening is a lot easier. I like using these candlesticks
easier. I like using these candlesticks to have my entry or to determine if I'm
to have my entry or to determine if I'm going to enter a trade based off of
going to enter a trade based off of like, yes, the 30 minute, the one hour,
like, yes, the 30 minute, the one hour, the two hour. But where I like to use
the two hour. But where I like to use these indecision candles, and I'm going
these indecision candles, and I'm going to teach you how to use them later on,
to teach you how to use them later on, is on the higher time frame. Seeing a
is on the higher time frame. Seeing a daily dogee like this at an area of
daily dogee like this at an area of interest, having a full 24hour
interest, having a full 24hour candlestick battle up and down and close
candlestick battle up and down and close at an undecision candlestick like this,
at an undecision candlestick like this, that is amazing. Seeing a 4 hour
that is amazing. Seeing a 4 hour candlestick like this, it's also good
candlestick like this, it's also good because it's four hours. But then seeing
because it's four hours. But then seeing a one hour candlestick, it's okay. And
a one hour candlestick, it's okay. And then a 30 minute just loses less value.
then a 30 minute just loses less value. The longer it takes for this to be
The longer it takes for this to be created, the more respect I'm going to
created, the more respect I'm going to give to it. But this as a whole could be
give to it. But this as a whole could be used as a reversal and showing slowdown
used as a reversal and showing slowdown in the direction that I'm interested in
in the direction that I'm interested in taking the trade. This is just a very
taking the trade. This is just a very educational candlestick and it's
educational candlestick and it's something that I use on every single
something that I use on every single time frame just on the higher time frame
time frame just on the higher time frame obviously the more respected it's going
obviously the more respected it's going to be. Moving after that we then have
to be. Moving after that we then have the hammer and the inverted hammer. So
the hammer and the inverted hammer. So this is basically very similar to the
this is basically very similar to the spinning top but this is something that
spinning top but this is something that would happen once we have reached this
would happen once we have reached this support level and then we basically
support level and then we basically close with little to no wick on the
close with little to no wick on the upside. So this means that the momentum
upside. So this means that the momentum is extremely strong and the market
is extremely strong and the market opened up. Sellers brought this price
opened up. Sellers brought this price all the way down, but buyers were so
all the way down, but buyers were so strong that it brought it all the way up
strong that it brought it all the way up and actually had it close to the upside
and actually had it close to the upside with that momentum. So this was going to
with that momentum. So this was going to be a dogee where it was going to be a a
be a dogee where it was going to be a a full cross, but then the buyers were so
full cross, but then the buyers were so strong that actually made it end up
strong that actually made it end up closing to the upside. This right here
closing to the upside. This right here is an additional very strong and very
is an additional very strong and very powerful reversal pattern. I like to
powerful reversal pattern. I like to have this one as well as once you have
have this one as well as once you have approached a support level because then
approached a support level because then this is showing that we are obviously
this is showing that we are obviously rejecting it and then we have taken out
rejecting it and then we have taken out the lows. Next we have the inverted
the lows. Next we have the inverted hammer. So the inverted hammer is
hammer. So the inverted hammer is actually what is like what I like to
actually what is like what I like to call a wick fill. So that wick right
call a wick fill. So that wick right there because it's happening in the
there because it's happening in the favor of the direction that we are going
favor of the direction that we are going in is where the next candlestick could
in is where the next candlestick could anticipate to then fill that. We notice
anticipate to then fill that. We notice this next candlestick has filled that
this next candlestick has filled that perfectly. So if the do if the wick is
perfectly. So if the do if the wick is to the downside, it's a rejection. If
to the downside, it's a rejection. If the wick is to the upside, it's a fill.
the wick is to the upside, it's a fill. Only if we're at an area of interest.
Only if we're at an area of interest. Now, this could again work on the 1
Now, this could again work on the 1 hour, the 4 hour, the daily, the higher
hour, the 4 hour, the daily, the higher the time frame, the better. So if this
the time frame, the better. So if this right here, you get it, that's great.
right here, you get it, that's great. That's a rejection. Could the next
That's a rejection. Could the next candlestick from that be a bullish
candlestick from that be a bullish engulfing? Yes. If this is a wick like
engulfing? Yes. If this is a wick like this, could the next candlestick be a
this, could the next candlestick be a bullish engulfing? Yes. They're both
bullish engulfing? Yes. They're both equally as strong. I just personally
equally as strong. I just personally like the wick fill a bit more. Just
like the wick fill a bit more. Just really depends on the trade. But don't
really depends on the trade. But don't get me wrong, a strong wick or a strong
get me wrong, a strong wick or a strong hammer is a very strong rejection. Next
hammer is a very strong rejection. Next is a dogee is a dragonfly dogee. So this
is a dogee is a dragonfly dogee. So this is the [ __ ] that I'm talking about.
is the [ __ ] that I'm talking about. This is pretty much the same [ __ ] as
This is pretty much the same [ __ ] as this. They just decided to make the body
this. They just decided to make the body a little bit smaller. And at the end of
a little bit smaller. And at the end of the day, I'm going to call it a hammer
the day, I'm going to call it a hammer or a dogee. No matter what. You might
or a dogee. No matter what. You might see me call it dogee more than dragonfly
see me call it dogee more than dragonfly or a hammer. But this is the exact same
or a hammer. But this is the exact same thing. I don't want to waste your time
thing. I don't want to waste your time or get you distracted on having to
or get you distracted on having to remember the dragonfly dogee when it's
remember the dragonfly dogee when it's pretty much the same [ __ ] as the hammer.
pretty much the same [ __ ] as the hammer. It just has a smaller body, but it means
It just has a smaller body, but it means the exact same thing. One is not
the exact same thing. One is not stronger than the other. The one that is
stronger than the other. The one that is stronger than all of these is going to
stronger than all of these is going to be the actual bullish engulfing
be the actual bullish engulfing candlestick. So, this bullish engulfing
candlestick. So, this bullish engulfing candlestick is one of my favorite
candlestick is one of my favorite reversal patterns because this
reversal patterns because this candlestick is showing power. is showing
candlestick is showing power. is showing strength and is showing that we are
strength and is showing that we are literally going in the complete opposite
literally going in the complete opposite direction. It is showing that we are
direction. It is showing that we are literally engulfing the bears and we are
literally engulfing the bears and we are going with the buyers. This candlestick
going with the buyers. This candlestick needs to engulf the last candlestick and
needs to engulf the last candlestick and then the previous one minimum to be
then the previous one minimum to be considered as a bullish engulfing
considered as a bullish engulfing candlestick. That's how I personally
candlestick. That's how I personally consider the bullish engulfing
consider the bullish engulfing candlestick. Others like for it to just
candlestick. Others like for it to just be the previous small candle. I like for
be the previous small candle. I like for it to engulf a minimum of two candles
it to engulf a minimum of two candles just to show the strength of it because
just to show the strength of it because that is what's going to lead me to enter
that is what's going to lead me to enter the trade and have more confidence that
the trade and have more confidence that it's going to go in that direction. So
it's going to go in that direction. So if you have a bullish engulfing that
if you have a bullish engulfing that means you want to buy in that direction.
means you want to buy in that direction. And once again that would happen at a
And once again that would happen at a support level. If you have a dogee or if
support level. If you have a dogee or if you have a hammer or if you have a
you have a hammer or if you have a inverted hammer, whatever you want to
inverted hammer, whatever you want to call it. And then the candlestick after
call it. And then the candlestick after that is going to be a bullish engulfing
that is going to be a bullish engulfing candlestick engulfing the hammer and
candlestick engulfing the hammer and then the bearish candlestick that it was
then the bearish candlestick that it was right here. That right there is the
right here. That right there is the perfect formation in my opinion. And
perfect formation in my opinion. And that is also known as the morning star
that is also known as the morning star formation. This pierce line and I just
formation. This pierce line and I just jumped right through it. This is [ __ ]
jumped right through it. This is [ __ ] [ __ ] I don't even know what this
[ __ ] I don't even know what this is. This is just they made up this
is. This is just they made up this formation. In my opinion, it's not even
formation. In my opinion, it's not even real. They just try to like take value
real. They just try to like take value away from the bullish engulfing and
away from the bullish engulfing and validate something when it's not there.
validate something when it's not there. If it's not a bullish engulfing, it's
If it's not a bullish engulfing, it's not a pierce line. They try to make
not a pierce line. They try to make something out of nothing. No, if it's
something out of nothing. No, if it's not an engulfing, it's not strong
not an engulfing, it's not strong enough. I'm not taking the trade. I am
enough. I'm not taking the trade. I am good. And trust me, I tried to figure
good. And trust me, I tried to figure this [ __ ] out for way too long. And then
this [ __ ] out for way too long. And then later throughout my journey, I realized
later throughout my journey, I realized that I was just wasting my time. and it
that I was just wasting my time. and it makes more sense to just focus on one
makes more sense to just focus on one good candlestick formation and that's
good candlestick formation and that's it. My favorite and above all is going
it. My favorite and above all is going to be the morning star formation. The
to be the morning star formation. The morning star formation or the morning
morning star formation or the morning dogee star formation, but once again
dogee star formation, but once again it's the same [ __ ] They've pretty much
it's the same [ __ ] They've pretty much just added an additional verb to it is
just added an additional verb to it is going to be that this candlestick has
going to be that this candlestick has engulfed both of these candlesticks and
engulfed both of these candlesticks and it has that dogee that I was just
it has that dogee that I was just explaining. Either you have this bearish
explaining. Either you have this bearish candlestick right here and this one
candlestick right here and this one engulfs or if you have the shooting star
engulfs or if you have the shooting star to the downside, you have a bullish
to the downside, you have a bullish engulfing candlestick with the dogee.
engulfing candlestick with the dogee. That right there is a morning star
That right there is a morning star formation. This is my favorite end all
formation. This is my favorite end all be all candlestick formation because
be all candlestick formation because what it essentially does is it combines
what it essentially does is it combines the bullish engulfing and it adds it in
the bullish engulfing and it adds it in with the inverted hammer or the dogee.
with the inverted hammer or the dogee. And you you're putting the engulfing and
And you you're putting the engulfing and the dogee together. Now, obviously, if
the dogee together. Now, obviously, if this example right here
this example right here were to have a wick like that, even
were to have a wick like that, even better. But if it doesn't, it's fine.
better. But if it doesn't, it's fine. All that matters is that this
All that matters is that this candlestick has engulfed the last two
candlestick has engulfed the last two candles. And that is what makes it a
candles. And that is what makes it a morning star formation. Last but not
morning star formation. Last but not least, and definitely least is going to
least, and definitely least is going to be this right here, the three white
be this right here, the three white soldiers, and then the three black
soldiers, and then the three black crows. I I I don't know how it goes from
crows. I I I don't know how it goes from white soldiers to then black crows. I
white soldiers to then black crows. I don't even know how how this makes any
don't even know how how this makes any sense. This candlestick formation is not
sense. This candlestick formation is not even a real thing. If you ask me, it
even a real thing. If you ask me, it looks exactly the same as the three
looks exactly the same as the three cloud clover. This threecloud clover
cloud clover. This threecloud clover looks exactly the same as the three
looks exactly the same as the three black crows. Three black three red
black crows. Three black three red candlesticks, three red candlesticks.
candlesticks, three red candlesticks. Looks exactly the same to me. These
Looks exactly the same to me. These formations are total [ __ ] and
formations are total [ __ ] and they're simply a waste of time and
they're simply a waste of time and there's no need to even focus on them.
there's no need to even focus on them. it makes more sense to just focus on a
it makes more sense to just focus on a formation that actually makes sense like
formation that actually makes sense like the morning star formation, the bullish
the morning star formation, the bullish engulfing, and then the hammer. That is
engulfing, and then the hammer. That is all you need when it comes to these
all you need when it comes to these candlesticks. Now, for the bearish
candlesticks. Now, for the bearish examples, it's pretty much the exact
examples, it's pretty much the exact same thing, just the complete opposite.
same thing, just the complete opposite. The shooting star is going to be
The shooting star is going to be happening at a rejection as it's going
happening at a rejection as it's going to be happening at a resistance. So, if
to be happening at a resistance. So, if I just delete all this right here real
I just delete all this right here real quick, the shooting star, you want it to
quick, the shooting star, you want it to be at a resistance. So, let's say this
be at a resistance. So, let's say this market is trending to the downside and
market is trending to the downside and now we are retesting this resistance
now we are retesting this resistance level right here. This resistance you're
level right here. This resistance you're at this resistance level and then once
at this resistance level and then once again the camera battery has died. I
again the camera battery has died. I guess I'm definitely I've been doing
guess I'm definitely I've been doing this for a while now. I don't even know
this for a while now. I don't even know how much time I'm into this video. But I
how much time I'm into this video. But I will tell you this, I'm loving it. I am
will tell you this, I'm loving it. I am very committed to continue doing this
very committed to continue doing this right now. One second. And we're back
right now. One second. And we're back over here now with the other camera
over here now with the other camera angle. So over here on this bearish
angle. So over here on this bearish example, we have this market being a
example, we have this market being a bearish trending market and we are at
bearish trending market and we are at this resistance level where we're going
this resistance level where we're going to potentially be using it as
to potentially be using it as resistance. Now these market
resistance. Now these market indications, these market patterns are
indications, these market patterns are going to actually give us the indication
going to actually give us the indication that we're actually rejecting it. So
that we're actually rejecting it. So once again, price could come into this
once again, price could come into this resistance level and then give us a
resistance level and then give us a shooting star. Whether it be with a very
shooting star. Whether it be with a very small body, whether it have a small
small body, whether it have a small body, so it looks like a dogee. So it
body, so it looks like a dogee. So it looks like a hanging man or a shooting
looks like a hanging man or a shooting star. As long as we have some type of
star. As long as we have some type of rejection at this area of interest, it
rejection at this area of interest, it is considered in my opinion a dogee. So
is considered in my opinion a dogee. So this gravestone dogee, this formation
this gravestone dogee, this formation right here is the exact same thing as
right here is the exact same thing as the hanging man and the shooting star in
the hanging man and the shooting star in my opinion. Now, if you combine that
my opinion. Now, if you combine that with the bearish engulfing candlestick,
with the bearish engulfing candlestick, that is where you have the beautiful
that is where you have the beautiful formation, whether it's a dogee or a
formation, whether it's a dogee or a shooting star or a hammer, a however you
shooting star or a hammer, a however you want to call it. I just call them
want to call it. I just call them dogeis, honestly. It's just so much
dogeis, honestly. It's just so much [ __ ] easier. So then this bearish
[ __ ] easier. So then this bearish engulfing candlestick is what's going to
engulfing candlestick is what's going to give you that beautiful end all be all
give you that beautiful end all be all evening star formation. This is the most
evening star formation. This is the most beautiful formation, morning star and
beautiful formation, morning star and then evening star formation. And once
then evening star formation. And once again, this right here, they just
again, this right here, they just figured out a way to remix it and add
figured out a way to remix it and add the actual dogee into it, but it's all
the actual dogee into it, but it's all the exact same thing. As long as the
the exact same thing. As long as the candlestick engulfs the last two, you
candlestick engulfs the last two, you have a beautiful formation where you
have a beautiful formation where you have a combination of a shooting star
have a combination of a shooting star and an engulfing candlestick, which
and an engulfing candlestick, which makes the morning and evening star
makes the morning and evening star formation. Now, these candlesticks,
formation. Now, these candlesticks, you're literally going to see them
you're literally going to see them everywhere, right? We can come here into
everywhere, right? We can come here into the chart and then look at this for
the chart and then look at this for example right here. This right here is a
example right here. This right here is a bullish engulfing candlestick. This
bullish engulfing candlestick. This candlestick has engulfed this
candlestick has engulfed this candlestick. Guess what happened after?
candlestick. Guess what happened after? Continuation push. Here we have a pull
Continuation push. Here we have a pull back to the to the to this retracement
back to the to the to this retracement break and retest. What do we have here?
break and retest. What do we have here? A beautiful hammer, shooting star,
A beautiful hammer, shooting star, dogee, whatever the actual name was.
dogee, whatever the actual name was. It's that it's that type of candlestick.
It's that it's that type of candlestick. What's the candlestick you get after? A
What's the candlestick you get after? A beautiful bullish engulfing candlestick
beautiful bullish engulfing candlestick that eats the last two candlesticks.
that eats the last two candlesticks. This right here is my formation of a
This right here is my formation of a perfect morning star formation. This
perfect morning star formation. This right here is a beautiful formation
right here is a beautiful formation continuing to this area over here.
continuing to this area over here. Bullish pin bar rejection. Beautiful
Bullish pin bar rejection. Beautiful continuation push to the upside. What do
continuation push to the upside. What do we have here? A beautiful morning star
we have here? A beautiful morning star formation with these very very long
formation with these very very long dogee wicks showing this indication that
dogee wicks showing this indication that we are indeed rejection. Meaning once
we are indeed rejection. Meaning once upon a time we're fully red, we
upon a time we're fully red, we rejected. We were fully red, we rejected
rejected. We were fully red, we rejected and we closed bullish. Obviously look
and we closed bullish. Obviously look what happened after. So, as you can
what happened after. So, as you can tell, things were never going things are
tell, things were never going things are never going to come out exactly textbook
never going to come out exactly textbook how they are here in the picture, right?
how they are here in the picture, right? I wish. But I'm not here to sell you a
I wish. But I'm not here to sell you a fantasy. I'm not here to sell you a
fantasy. I'm not here to sell you a dream. I'm here to tell you [ __ ]
dream. I'm here to tell you [ __ ] straight up how it is. It's never going
straight up how it is. It's never going to be perfect, picture perfect, exactly
to be perfect, picture perfect, exactly like this. It's going to have the
like this. It's going to have the formation and then it's going to be a
formation and then it's going to be a little bit ugly. Kind of like when you
little bit ugly. Kind of like when you go on a date with a girl you meet on
go on a date with a girl you meet on Tinder. Like on the pictures, they all
Tinder. Like on the pictures, they all look great, but when you meet them in
look great, but when you meet them in person, it's all like,
person, it's all like, "Whatever, I'll do it. [ __ ] it. I'm
"Whatever, I'll do it. [ __ ] it. I'm already here kind of vibe, right? And it
already here kind of vibe, right? And it ends up being a great time. It's the
ends up being a great time. It's the exact same thing. This, for example,
exact same thing. This, for example, right here is a perfect dogee bullish
right here is a perfect dogee bullish engulfing candlestick break and retest
engulfing candlestick break and retest of this area of interest. You buy. You
of this area of interest. You buy. You see how now we're combining all of the
see how now we're combining all of the things at the exact same time. We have
things at the exact same time. We have this very strong trend, right? This is
this very strong trend, right? This is obviously being a bullish market. We
obviously being a bullish market. We have a break of this strong resistance.
have a break of this strong resistance. We have a retest. We have a morning star
We have a retest. We have a morning star formation with a dogee. That right
formation with a dogee. That right there, just right off the top of the
there, just right off the top of the bat, I just gave you five confluences on
bat, I just gave you five confluences on why you should take this trade. You have
why you should take this trade. You have two time frames in sync. You have area
two time frames in sync. You have area of interest. You have breaking retest
of interest. You have breaking retest and then you have a morning star
and then you have a morning star formation. Five confluences in 30
formation. Five confluences in 30 seconds on everything that I have just
seconds on everything that I have just taught you in this video could have
taught you in this video could have easily gotten you to enter this trade at
easily gotten you to enter this trade at this retest. Have a very simple
this retest. Have a very simple stop-loss and with a 1 to2
stop-loss and with a 1 to2 risk-to-reward, you could have made 118
risk-to-reward, you could have made 118 pips. You multiply whatever you were
pips. You multiply whatever you were going to risk times 118. This is easily
going to risk times 118. This is easily a5 to $10,000 trade. Just showing you
a5 to $10,000 trade. Just showing you guys how simple it is. And I'm just
guys how simple it is. And I'm just educating you guys on things that you
educating you guys on things that you are already seeing and I have been
are already seeing and I have been showing you, but you just didn't even
showing you, but you just didn't even know that they were there. It's almost
know that they were there. It's almost like playing where's Waldo, right? When
like playing where's Waldo, right? When you play Where's Waldo, which is this
you play Where's Waldo, which is this game right here,
game right here, you pretty much don't know where he is.
you pretty much don't know where he is. But as soon if as soon as I'm able to
But as soon if as soon as I'm able to point out where is Waldo, you're almost
point out where is Waldo, you're almost going to be like, "Wow, was he really
going to be like, "Wow, was he really there the whole entire time?" Like, I
there the whole entire time?" Like, I already found him. So, for example,
already found him. So, for example, let's say I spotted Waldo right here,
let's say I spotted Waldo right here, for example. And then once you spot him,
for example. And then once you spot him, I'm totally kidding. I did not spot him.
I'm totally kidding. I did not spot him. But if you do spot him right off the
But if you do spot him right off the bat, once you see him, you can't unsee
bat, once you see him, you can't unsee it. It's the exact same thing when it
it. It's the exact same thing when it comes to this training view and this
comes to this training view and this examples right here. Once you see these
examples right here. Once you see these examples, you can't unsee it. Perfect
examples, you can't unsee it. Perfect example of a morning star formation
example of a morning star formation being at an area that is not valid and
being at an area that is not valid and it not working. Obviously, if you notice
it not working. Obviously, if you notice right here, this is a beautiful dogee,
right here, this is a beautiful dogee, shooting star, whatever. And then we
shooting star, whatever. And then we have a beautiful morning star formation.
have a beautiful morning star formation. It's not an engulfing because it didn't
It's not an engulfing because it didn't engulf this last candlestick right here.
engulf this last candlestick right here. But where is this formation happening
But where is this formation happening into? It's happening into a resistance.
into? It's happening into a resistance. What happens after it happens into a
What happens after it happens into a resistance? Obviously, it's not going to
resistance? Obviously, it's not going to respect it and then it goes to the
respect it and then it goes to the downside. This is showing you the
downside. This is showing you the example that you can get these
example that you can get these formations anywhere in the charts, but
formations anywhere in the charts, but you need to get them at key areas that
you need to get them at key areas that they are going to be respected. If not,
they are going to be respected. If not, it's just simply going to be a complete
it's just simply going to be a complete waste. You get all of these types of
waste. You get all of these types of formations I'm talking about everywhere
formations I'm talking about everywhere in front of the markets at every given
in front of the markets at every given point. Perfect example is right here.
point. Perfect example is right here. Very small morning star formation. This
Very small morning star formation. This candlestick could have been bigger and
candlestick could have been bigger and maybe if it maybe it would have made a
maybe if it maybe it would have made a difference, but that right there to me
difference, but that right there to me is not a strong morning star formation.
is not a strong morning star formation. I like for that morning bullish
I like for that morning bullish candlestick to be strong. I want it to
candlestick to be strong. I want it to engulf. That right there is an
engulf. That right there is an indication that it's going to continue
indication that it's going to continue going in that direction. I want it to be
going in that direction. I want it to be in control. Perfect example is like this
in control. Perfect example is like this one right here. This right here is a
one right here. This right here is a beautiful morning star formation.
beautiful morning star formation. Bullish engulfing candlestick. It ate
Bullish engulfing candlestick. It ate the last two candles. Beautiful push to
the last two candles. Beautiful push to the upside. This right here is an
the upside. This right here is an evening star formation and then it did
evening star formation and then it did not really engulf this candlestick right
not really engulf this candlestick right here. So, we had a little bit of a push
here. So, we had a little bit of a push but then we continued going to the
but then we continued going to the upside. This right here is a very clean
upside. This right here is a very clean bearish engulfing candlestick and then
bearish engulfing candlestick and then we had a very strong push to the
we had a very strong push to the downside. Very clean evening star
downside. Very clean evening star formation right here as well. We're
formation right here as well. We're using this as a resistance point right
using this as a resistance point right here. And then guess what? Price has a
here. And then guess what? Price has a beautiful evening star formation.
beautiful evening star formation. Beautiful push to the downside down
Beautiful push to the downside down here. We have a morning star formation.
here. We have a morning star formation. This candlestick never really engulfed
This candlestick never really engulfed this one. So what happens? We break to
this one. So what happens? We break to the downside. This candlestick engulfs
the downside. This candlestick engulfs this candlestick. Beautiful push to the
this candlestick. Beautiful push to the upside. This right here is a beautiful
upside. This right here is a beautiful morning star formation. This right here
morning star formation. This right here is if I were to pick a formation that I
is if I were to pick a formation that I can have time over time over time again,
can have time over time over time again, it would literally be this one right
it would literally be this one right here. Beautiful morning star formation.
here. Beautiful morning star formation. This candlestick engulfves this candle
This candlestick engulfves this candle and this candle because this is the last
and this candle because this is the last candle. You want to make sure that it
candle. You want to make sure that it can engulf the body of that move, not
can engulf the body of that move, not the wick. You want to make sure it
the wick. You want to make sure it engulf the body. And if this body closes
engulf the body. And if this body closes above the body, that is a beautiful
above the body, that is a beautiful engulfing candlestick of the last two
engulfing candlestick of the last two candles and having a beautiful push to
candles and having a beautiful push to the upside. So, for example, this move
the upside. So, for example, this move right here actually had a beautiful
right here actually had a beautiful bearish engulfing candlestick. It
bearish engulfing candlestick. It engulfed below this body right here.
engulfed below this body right here. Simply did not have the move. There's
Simply did not have the move. There's times where that is going to happen as
times where that is going to happen as well. But I love when the candlesticks
well. But I love when the candlesticks actually engulf the last body. That to
actually engulf the last body. That to me is the most Picasso thing the market
me is the most Picasso thing the market can ever do. Look at these beautiful
can ever do. Look at these beautiful morning star formations backto back that
morning star formations backto back that just happened right here. This right
just happened right here. This right here. Like I would literally screenshot
here. Like I would literally screenshot this and frame it and put it on my wall.
this and frame it and put it on my wall. Beautiful morning star formation with a
Beautiful morning star formation with a very slight I'm talking about a hairline
very slight I'm talking about a hairline break above the last body. That right
break above the last body. That right there, believe it or not, is the
there, believe it or not, is the difference between an engulfing and not.
difference between an engulfing and not. And if you were to see this one as well,
And if you were to see this one as well, right here, this one as well has a
right here, this one as well has a beautiful morning star formation. And
beautiful morning star formation. And that candlestick has very clearly body
that candlestick has very clearly body candlestick closed above. And look at
candlestick closed above. And look at the beautiful continuation push that it
the beautiful continuation push that it has had to the upside right after that.
has had to the upside right after that. These formations are extremely powerful
These formations are extremely powerful and they're going to happen time and
and they're going to happen time and time and time and time and time and time
time and time and time and time and time and time again. Like for example, this
and time again. Like for example, this right here, this happened at a low of a
right here, this happened at a low of a market. This is a continuation pattern.
market. This is a continuation pattern. This is not supposed to happen at the
This is not supposed to happen at the bottom of a market. If we're identifying
bottom of a market. If we're identifying if this is bullish or bearish, clearly
if this is bullish or bearish, clearly this would have been the higher high.
this would have been the higher high. This would have been the higher low to a
This would have been the higher low to a certain point right over here. My
certain point right over here. My trading view sometimes glitches. So this
trading view sometimes glitches. So this would be the higher low. If we were to
would be the higher low. If we were to look at this based off of the market
look at this based off of the market structure, this market indeed would be
structure, this market indeed would be bearish, right? So this would be the
bearish, right? So this would be the lower low. And then this would be the
lower low. And then this would be the lower high. Let's see how clean that
lower high. Let's see how clean that looks on the candlestick chart. Arguably
looks on the candlestick chart. Arguably that can't be the lower high. So then
that can't be the lower high. So then let's say that would be the lower high.
let's say that would be the lower high. It's not a one clean one candlestick
It's not a one clean one candlestick pullback. So this is a bearish market. I
pullback. So this is a bearish market. I don't expect for a morning star
don't expect for a morning star formation to have a reaction on a
formation to have a reaction on a bearish market. This formation is
bearish market. This formation is supposed to happen on a continuation.
supposed to happen on a continuation. This is a continuation. If this was
This is a continuation. If this was bullish, this was at a support level, I
bullish, this was at a support level, I would expect for this beautiful pattern
would expect for this beautiful pattern to actually have a push. But obviously
to actually have a push. But obviously since it's happening in a bearish
since it's happening in a bearish market, it simply has no use compared
market, it simply has no use compared how it would if it were to be in a
how it would if it were to be in a bullish market. So that is the
bullish market. So that is the importance of learning how to use these
importance of learning how to use these formations at the right times because
formations at the right times because they're going to happen at all places in
they're going to happen at all places in the markets. They're going to happen
the markets. They're going to happen while the markets are going up or the
while the markets are going up or the markets are going down or the markets
markets are going down or the markets are going anywhere. But you need to make
are going anywhere. But you need to make sure that you're actually applying it in
sure that you're actually applying it in the proper timing of the market. You
the proper timing of the market. You need to apply the morning star when
need to apply the morning star when you're buying. You need to buy the
you're buying. You need to buy the evening star when you're when you're
evening star when you're when you're selling. It's very clean. Morning star
selling. It's very clean. Morning star when buying, evening star
when selling. Very simple, very self-explanatory. Everything's straight
self-explanatory. Everything's straight to the point. So, there is hundreds of
to the point. So, there is hundreds of other formations, right? There's other
other formations, right? There's other different types of candlestick
different types of candlestick confirmations. There's other different
confirmations. There's other different types of confluences for you to actually
types of confluences for you to actually use in your favor. But the most powerful
use in your favor. But the most powerful ones are simply going to be the shooting
ones are simply going to be the shooting stars and then the engulfing
stars and then the engulfing candlesticks. You use it in combination
candlesticks. You use it in combination with a strong support level or a strong
with a strong support level or a strong resistance and you already have a recipe
resistance and you already have a recipe to have more than a 50 to 55% odds in
to have more than a 50 to 55% odds in your favor of a trade going in a certain
your favor of a trade going in a certain direction compared to the other. All
direction compared to the other. All right, ladies and gentlemen, now we're
right, ladies and gentlemen, now we're going to move on to the next subjects.
going to move on to the next subjects. Right? So, up to this point, we've
Right? So, up to this point, we've talked about a lot. Now if at any point
talked about a lot. Now if at any point at like from this point going on forward
at like from this point going on forward you don't understand something you don't
you don't understand something you don't have clear the market structure you
have clear the market structure you don't have clear certain candlesticks
don't have clear certain candlesticks you don't have clear when it comes to
you don't have clear when it comes to the break and retest to the line charts
the break and retest to the line charts to the support and resistance areas of
to the support and resistance areas of interest if any of that stuff is not
interest if any of that stuff is not clear take a pause at this moment you
clear take a pause at this moment you are pretty deep into the video as it is
are pretty deep into the video as it is already and we have talked about a lot
already and we have talked about a lot of things that have taken me a very very
of things that have taken me a very very very long time to actually understand
very long time to actually understand and perfect. Now, I don't expect for you
and perfect. Now, I don't expect for you to perfect it right now. That will
to perfect it right now. That will pretty much be impossible because the
pretty much be impossible because the only thing that's going to perfect it is
only thing that's going to perfect it is repetition and time looking at in the
repetition and time looking at in the markets for yourself, setting up certain
markets for yourself, setting up certain examples, and just going over it over
examples, and just going over it over and over and over and again. I didn't
and over and over and again. I didn't perfect this until about four and a half
perfect this until about four and a half years in my journey simply because I
years in my journey simply because I wasted two years on just having a bunch
wasted two years on just having a bunch of misinformation and then it took me
of misinformation and then it took me about a year to actually really learn it
about a year to actually really learn it and perfect it simply because I was by
and perfect it simply because I was by myself. Obviously, if I was with a
myself. Obviously, if I was with a mentor, I was with somebody that would
mentor, I was with somebody that would teach me live every single day, kind of
teach me live every single day, kind of how I do every single day with my
how I do every single day with my students, that would have actually
students, that would have actually escalated and shortened my journey, it
escalated and shortened my journey, it would have excellated the amount of
would have excellated the amount of knowledge that I actually learn with
knowledge that I actually learn with stuff that matters and it would have
stuff that matters and it would have removed all the other [ __ ] So, I
removed all the other [ __ ] So, I wish I knew that earlier, but obviously,
wish I knew that earlier, but obviously, you know, that's why I'm doing this
you know, that's why I'm doing this video now for you guys. So once again,
video now for you guys. So once again, if at this point into the video there is
if at this point into the video there is something that is unclear, pause, go
something that is unclear, pause, go back, refresh your notes, watch it over
back, refresh your notes, watch it over because what we are going to be talking
because what we are going to be talking about now are going to be pretty
about now are going to be pretty advanced stuff and it's going to have
advanced stuff and it's going to have everything intertwin and everything
everything intertwin and everything connect together. Market structure is
connect together. Market structure is going to come together with patterns,
going to come together with patterns, patterns going to come together with
patterns going to come together with indicators. All of this is going to
indicators. All of this is going to start coming together. What is a
start coming together. What is a intercooler? And now we're going to put
intercooler? And now we're going to put all that together which is going to make
all that together which is going to make the engine work. So that's exactly what
the engine work. So that's exactly what we're going to get into. Now things are
we're going to get into. Now things are going to get very very very
going to get very very very uh how do I say it? Um
uh how do I say it? Um interesting from this point forward.
interesting from this point forward. Right? So all I can say is pay
Right? So all I can say is pay attention. Don't watch this video on two
attention. Don't watch this video on two speed. Watch it on one speed. Just make
speed. Watch it on one speed. Just make sure you're actually doing this
sure you're actually doing this effectively. Right? So the last topic
effectively. Right? So the last topic that we have talked about was break and
that we have talked about was break and retest. Right? Break and retest. We
retest. Right? Break and retest. We understood that's when something
understood that's when something literally has the break of an area. We
literally has the break of an area. We then retest it to continue going to the
then retest it to continue going to the upside. So that right there is going to
upside. So that right there is going to be a trend continuation pattern. That is
be a trend continuation pattern. That is my favorite trend continuation pattern
my favorite trend continuation pattern when it comes to the break and breakout
when it comes to the break and breakout retest. Breakout, break and retest are
retest. Breakout, break and retest are trend continuation patterns. Now there
trend continuation patterns. Now there is reversal patterns. So these patterns
is reversal patterns. So these patterns also let you know that the market is
also let you know that the market is going to go in the opposite direction.
going to go in the opposite direction. So a reversal means that something is
So a reversal means that something is going to go the other way. What is a
going to go the other way. What is a pattern? A pattern is something that has
pattern? A pattern is something that has happened in the past. So a reversal
happened in the past. So a reversal pattern is a pattern that's going to
pattern is a pattern that's going to tell you the market is going to shift.
tell you the market is going to shift. So the main and once again there is
So the main and once again there is hundreds of reversal patterns out there,
hundreds of reversal patterns out there, right? So I can go here into this
right? So I can go here into this pattern section and you know you're
pattern section and you know you're going to get the X A B C D Y pattern. I
going to get the X A B C D Y pattern. I don't even know how to place this [ __ ]
don't even know how to place this [ __ ] but yes, there you can get any endless
but yes, there you can get any endless amount of examples. You can get whatever
amount of examples. You can get whatever this is right here. And I would never
this is right here. And I would never know how to teach you this because I've
know how to teach you this because I've never used it. I can only teach you the
never used it. I can only teach you the one and only pattern you are going to
one and only pattern you are going to need and that is going to be the head
need and that is going to be the head and shoulders pattern. Now once again if
and shoulders pattern. Now once again if you have seen me anytime in the past
you have seen me anytime in the past trade, if you have seen any of my clips,
trade, if you have seen any of my clips, if you have seen me anywhere on social
if you have seen me anywhere on social media, you would know that I have made
media, you would know that I have made so much money off of this pattern right
so much money off of this pattern right here. This is my go-to pattern. Like
here. This is my go-to pattern. Like this is my [ __ ] right here. I use this
this is my [ __ ] right here. I use this every single day in the market. I wait
every single day in the market. I wait for this pattern to create. And it's not
for this pattern to create. And it's not so much about the actual pattern, it's
so much about the actual pattern, it's what this pattern actually means and how
what this pattern actually means and how it does it. And I'm going to make it
it does it. And I'm going to make it make sense in just a second. Right. So
make sense in just a second. Right. So my favorites and the only reversal
my favorites and the only reversal pattern that you're going to need is
pattern that you're going to need is going to be this head and shoulders
going to be this head and shoulders pattern. This is where you have a left.
pattern. This is where you have a left. This is where you have a head. And then
This is where you have a head. And then this is where you have a right shoulder.
this is where you have a right shoulder. So a regular head and shoulders pattern
So a regular head and shoulders pattern is a reversal for this market to
is a reversal for this market to continue now going to the downside. This
continue now going to the downside. This head and shoulders pattern gets formed
head and shoulders pattern gets formed and you guys should be writing this
and you guys should be writing this down. This gets formed at the high of a
down. This gets formed at the high of a market or at a resistance level, excuse
market or at a resistance level, excuse me. And then you have this reversal
me. And then you have this reversal pattern that then lets you know that the
pattern that then lets you know that the market is now going to start shifting to
market is now going to start shifting to the downside. At the bottom of a trend,
the downside. At the bottom of a trend, you will then get what is called a
you will then get what is called a inverted head and shoulders, which is
inverted head and shoulders, which is literally the complete opposite. But
literally the complete opposite. But this is now a reversal pattern to let
this is now a reversal pattern to let you know that this market is now going
you know that this market is now going to go to the upside. So there's a big
to go to the upside. So there's a big difference in between a reversal pattern
difference in between a reversal pattern and a trend continuation pattern.
and a trend continuation pattern. Reversal patterns literally mean the
Reversal patterns literally mean the market is going to shift the other way.
market is going to shift the other way. Trade continuation patterns like the
Trade continuation patterns like the break and retest are when market is
break and retest are when market is continuously going in that direction.
continuously going in that direction. These right here are constant break and
These right here are constant break and retest to the upside. These right here
retest to the upside. These right here are constant break and retest to the
are constant break and retest to the downside. These right here are constant
downside. These right here are constant breakouts. Break and retest to the
breakouts. Break and retest to the upside. This right here is a reversal
upside. This right here is a reversal pattern and it changes the trend of a
pattern and it changes the trend of a market. This right here is a reversal
market. This right here is a reversal pattern and it changes the trend of the
pattern and it changes the trend of the market. Now once again this reversal
market. Now once again this reversal pattern and like every other pattern,
pattern and like every other pattern, every other important point in the
every other important point in the market, this head and shoulders pattern
market, this head and shoulders pattern is done to call it head and shoulders is
is done to call it head and shoulders is done to the market structure. So what do
done to the market structure. So what do I mean by that? Well, that is done to
I mean by that? Well, that is done to the bodies of the candlestick. We are
the bodies of the candlestick. We are not including the wicks at no point when
not including the wicks at no point when identifying a head and shoulders. I'm
identifying a head and shoulders. I'm going to teach you guys how to put this
going to teach you guys how to put this up on the chart right now, but I want to
up on the chart right now, but I want to educate you guys on the head and
educate you guys on the head and shoulders first. And everything that
shoulders first. And everything that we're going to be doing is based off of
we're going to be doing is based off of market structure. So, this is what a
market structure. So, this is what a pretty head and shoulders looks like,
pretty head and shoulders looks like, but a real head and shoulders might look
but a real head and shoulders might look something like this, for example. Might
something like this, for example. Might be at a slant. You might get a head that
be at a slant. You might get a head that is a little bit smaller than the right
is a little bit smaller than the right shoulder. And then you will get
shoulder. And then you will get something like this. You can also get a
something like this. You can also get a head and shoulders pattern that can be
head and shoulders pattern that can be something like this. A big left
something like this. A big left shoulder, a big right shoulder, and a
shoulder, a big right shoulder, and a small right shoulder. Vice versa, you
small right shoulder. Vice versa, you can get a very small right shoulder and
can get a very small right shoulder and a very big right shoulder. You can get
a very big right shoulder. You can get the structure point to be up here. You
the structure point to be up here. You can get the slanted head and shoulders
can get the slanted head and shoulders this way. You can get the slanted head
this way. You can get the slanted head and shoulders like this. The head and
and shoulders like this. The head and shoulders is never going to be a
shoulders is never going to be a beautiful textbook head and shoulders
beautiful textbook head and shoulders pattern like this. Does it happen? Yes.
pattern like this. Does it happen? Yes. But I will never aim to always have a
But I will never aim to always have a perfect one. The head and shoulders
perfect one. The head and shoulders pattern is valid as long as it breaks
pattern is valid as long as it breaks the neckline. Now, what does that mean,
the neckline. Now, what does that mean, Alex? What do you mean breaking the
Alex? What do you mean breaking the neckline? Well, the head and shoulders
neckline? Well, the head and shoulders pattern. Yes, it is a head and shoulders
pattern. Yes, it is a head and shoulders pattern. But what is this right here?
pattern. But what is this right here? Right? Give me one second. What is this
Right? Give me one second. What is this right here? This right here was a higher
right here? This right here was a higher high. This right here was a higher low.
high. This right here was a higher low. What is this right here? That is a shift
What is this right here? That is a shift of structure. That is a change of
of structure. That is a change of character. That is a break of structure.
character. That is a break of structure. This is now bearish. Right? You got that
This is now bearish. Right? You got that right? Confirmed. Now, this right here,
right? Confirmed. Now, this right here, what is that right there? That is our
what is that right there? That is our potential right shoulder. So, without
potential right shoulder. So, without you guys even realizing, I have been
you guys even realizing, I have been showing you guys the head and shoulders
showing you guys the head and shoulders this whole entire time. Like, if you
this whole entire time. Like, if you guys go back into this recording, just
guys go back into this recording, just go back five minutes, for example. Just
go back five minutes, for example. Just click the arrow back. you guys are going
click the arrow back. you guys are going to see that I've been showing you the
to see that I've been showing you the head and shoulders this whole entire
head and shoulders this whole entire [ __ ] time is that I just never really
[ __ ] time is that I just never really exposed it to you. And now that I
exposed it to you. And now that I explain to you what it is, it's almost
explain to you what it is, it's almost like, oh my god, it's been right in
like, oh my god, it's been right in front of me the whole entire time. Just
front of me the whole entire time. Just haven't realized it. But there is a big
haven't realized it. But there is a big difference in between a valid head and
difference in between a valid head and shoulders and a invalid head and
shoulders and a invalid head and shoulders. Now, this right here is a
shoulders. Now, this right here is a valid head and shoulders because we have
valid head and shoulders because we have broken this neckline. Since we have
broken this neckline. Since we have broken this neckline, this is a valid
broken this neckline, this is a valid head and shoulders. Now, this right here
head and shoulders. Now, this right here is not a valid head and shoulders. We
is not a valid head and shoulders. We all know this, right? We know that this
all know this, right? We know that this right now is a higher low and that this
right now is a higher low and that this is a higher high. We have gone through
is a higher high. We have gone through this 100 times already. This is a higher
this 100 times already. This is a higher high. This is a higher low. And we know
high. This is a higher low. And we know since we have not broken below this, we
since we have not broken below this, we are still bullish. This market is still
are still bullish. This market is still very much bullish. That is the higher
very much bullish. That is the higher low. That is the higher high a reversal
low. That is the higher high a reversal pattern which is exactly what the head
pattern which is exactly what the head and shoulders is. It needs to be a
and shoulders is. It needs to be a reversal pattern. Now what is the best
reversal pattern. Now what is the best indication to let us know that this is a
indication to let us know that this is a reversal pattern? That we have shifted
reversal pattern? That we have shifted the structure. That means that this
the structure. That means that this market is now changing from bullish to
market is now changing from bullish to bearish. It is shifting. It is breaking
bearish. It is shifting. It is breaking the structure. So there's two ways that
the structure. So there's two ways that the head and shoulders could be valid.
the head and shoulders could be valid. The head and shoulders could be valid
The head and shoulders could be valid either if the head breaks the neckline
either if the head breaks the neckline making this the lower low and then we
making this the lower low and then we have a potential lower high for a new
have a potential lower high for a new lower low. So this would be a proper
lower low. So this would be a proper head and shoulders shift because of this
head and shoulders shift because of this point right here. So you can take the
point right here. So you can take the trade either at the right shoulder or at
trade either at the right shoulder or at the break and retest of the neckline of
the break and retest of the neckline of the head and shoulders. So the the way
the head and shoulders. So the the way that the head and shoulders works is you
that the head and shoulders works is you can either sell at the right shoulder or
can either sell at the right shoulder or sell at the break and retest. Selling at
sell at the break and retest. Selling at the right shoulder is extremely high
the right shoulder is extremely high risk. I don't recommend it unless you
risk. I don't recommend it unless you are an experienced trader. Selling at
are an experienced trader. Selling at the break and retest of the head and
the break and retest of the head and shoulders is where it is the proper
shoulders is where it is the proper reversal trade confirmation because you
reversal trade confirmation because you have the confirmed shift of structure.
have the confirmed shift of structure. The market has officially shifted
The market has officially shifted bearish. Right? So if you have this
bearish. Right? So if you have this shift right here, making this the lower
shift right here, making this the lower low, technically this could come back
low, technically this could come back here, create the lower high, then this
here, create the lower high, then this is an area of interest up here, right?
is an area of interest up here, right? Let's just pretend like this has three
Let's just pretend like this has three touches over here. Yes, you can sell at
touches over here. Yes, you can sell at this area of interest. This could be a
this area of interest. This could be a sell. This could be your right shoulder.
sell. This could be your right shoulder. And yes, you can sell at this point
And yes, you can sell at this point right here. But the proper trade is to
right here. But the proper trade is to sell at the retest of the neckline. Now,
sell at the retest of the neckline. Now, the neckline is not going to be diagonal
the neckline is not going to be diagonal because of this tool. So if you place
because of this tool. So if you place this tool to these structure points,
this tool to these structure points, technically it's going to come out
technically it's going to come out diagonal. Now the neckline is going to
diagonal. Now the neckline is going to be based off of the previous structure
be based off of the previous structure points which is basically where the
points which is basically where the higher low and the shift has been
higher low and the shift has been created which would be right here. This
created which would be right here. This is the neckline. The neckline is not
is the neckline. The neckline is not going to be this imaginary line that is
going to be this imaginary line that is gets drawn depending where the structure
gets drawn depending where the structure is. That's not how the neckline works.
is. That's not how the neckline works. The neckline is right here. It's always
The neckline is right here. It's always going to be at an area of interest as
going to be at an area of interest as well. So the neckline of the head and
well. So the neckline of the head and shoulders is going to be the retest of
shoulders is going to be the retest of an area of interest. So now that you
an area of interest. So now that you have multiple confluences at the same
have multiple confluences at the same time, you have a shift of structure, you
time, you have a shift of structure, you have a reversal pattern, you are
have a reversal pattern, you are breaking and retesting the neckline of
breaking and retesting the neckline of the head and shoulders. And that also
the head and shoulders. And that also happens to be an area of interest.
happens to be an area of interest. You're seeing how everything is just
You're seeing how everything is just kind of coming along together, right? So
kind of coming along together, right? So one of the ways that you can execute the
one of the ways that you can execute the head and shoulders is if it indeed
head and shoulders is if it indeed breaks this higher low and then we can
breaks this higher low and then we can sell at the right shoulder. if we're at
sell at the right shoulder. if we're at an area of interest or we can sell at
an area of interest or we can sell at the retest of the neckline. That is the
the retest of the neckline. That is the one way the head and shoulders will be
one way the head and shoulders will be valid. The head and shoulders will only
valid. The head and shoulders will only be valid. And you guys should be writing
be valid. And you guys should be writing this down. The head and shoulders will
this down. The head and shoulders will only be valid once we break the
only be valid once we break the neckline. If we have not broken the
neckline. If we have not broken the neckline, we cannot count it as a head
neckline, we cannot count it as a head and shoulders cuz it's not a confirmed
and shoulders cuz it's not a confirmed head and shoulders. This can basically
head and shoulders. This can basically come up into right here even though that
come up into right here even though that it's bearish, right? Because this right
it's bearish, right? Because this right here would be the lower low. And then
here would be the lower low. And then this over here would now be the lower
this over here would now be the lower high. And guess what? This can literally
high. And guess what? This can literally create an equal move and then have a
create an equal move and then have a move to the upside. And then now we are
move to the upside. And then now we are bullish and we shifted above this. We
bullish and we shifted above this. We cannot confirm that this is a head and
cannot confirm that this is a head and shoulders until we have not broken the
shoulders until we have not broken the neckline. The neckline is the most
neckline. The neckline is the most important move for us to consider the
important move for us to consider the valid head and shoulders. Can you take
valid head and shoulders. Can you take it at the right shoulder? Yes. It's an
it at the right shoulder? Yes. It's an extremely high risk and that is up to
extremely high risk and that is up to you depending on what you want to do.
you depending on what you want to do. But the proper trade is at the break of
But the proper trade is at the break of the neckline. Right? So this is the
the neckline. Right? So this is the first example and this would make this
first example and this would make this head and shoulders very strong because
head and shoulders very strong because it shifted structure once and then it's
it shifted structure once and then it's going to shift it structure pretty much
going to shift it structure pretty much for a second time over here because then
for a second time over here because then this will turn into the lower low and
this will turn into the lower low and then this would turn into the lower
then this would turn into the lower high, right? Or that's scenario one,
high, right? Or that's scenario one, meaning that the head breaks this higher
meaning that the head breaks this higher low so it sets up the perfect right
low so it sets up the perfect right shoulder. Or the second way that you
shoulder. Or the second way that you could do it is if the market is like
could do it is if the market is like this. We are still very much bullish.
this. We are still very much bullish. This is the left. This is the head. This
This is the left. This is the head. This right now instead of it cuz if you were
right now instead of it cuz if you were to look at this market like this, at no
to look at this market like this, at no point in your life are you going to be
point in your life are you going to be like, "Yeah, yeah, yeah, yeah. That's
like, "Yeah, yeah, yeah, yeah. That's going to be a right shoulder." No, you
going to be a right shoulder." No, you you anticipate for this to have a move
you anticipate for this to have a move like this. This market structure is
like this. This market structure is bullish. You don't expect for this to do
bullish. You don't expect for this to do this. This is bullish. You expect for
this. This is bullish. You expect for this to continue going to the upside.
this to continue going to the upside. But for this example, let's say it's
But for this example, let's say it's doing something like this. Now, you can
doing something like this. Now, you can look at this market and be like, damn,
look at this market and be like, damn, that is setting up a perfect head and
that is setting up a perfect head and shoulders. Let me take the trade now.
shoulders. Let me take the trade now. Well, you taking the trade now. One,
Well, you taking the trade now. One, you're not selling at an area of
you're not selling at an area of interest. Two, you're selling on a
interest. Two, you're selling on a bullish market because this is the
bullish market because this is the higher high, and then this would be the
higher high, and then this would be the higher low. So, you're already doing two
higher low. So, you're already doing two things that simply just don't make any
things that simply just don't make any sense. Go find me enough reasons for you
sense. Go find me enough reasons for you to sell this trade. None. You're trading
to sell this trade. None. You're trading against the trends. You're already
against the trends. You're already making a mistake. people try and jump
making a mistake. people try and jump the gun and trade based off of a
the gun and trade based off of a potential head and shoulders. That's not
potential head and shoulders. That's not a confirmation. A confirmation is when
a confirmation. A confirmation is when it actually has the break. So, this
it actually has the break. So, this right here would just be the potential
right here would just be the potential right shoulder. And this would be a
right shoulder. And this would be a confirmed head and shoulders once again
confirmed head and shoulders once again once we have broken the higher low. Now,
once we have broken the higher low. Now, once we have broken the higher low, all
once we have broken the higher low, all we simply have to do is let price come
we simply have to do is let price come back into this area, retest this
back into this area, retest this neckline, and then we will sell. So, if
neckline, and then we will sell. So, if this has broken this area, guess what?
this has broken this area, guess what? That means that this is now the lower
That means that this is now the lower low and this over here is the lower
low and this over here is the lower high. If this is the lower high and this
high. If this is the lower high and this is the lower low, what did I just teach
is the lower low, what did I just teach you guys? I taught you guys that you're
you guys? I taught you guys that you're going to find an area of interest in
going to find an area of interest in between this lower high and lower low.
between this lower high and lower low. Start working your way up and boom, what
Start working your way up and boom, what do you happen to find right here? This
do you happen to find right here? This right here is an area of interest with
right here is an area of interest with three touches. And what a coincidence,
three touches. And what a coincidence, it is also the neckline of the left, the
it is also the neckline of the left, the head, and the right shoulder. That right
head, and the right shoulder. That right there is how you're piecing together
there is how you're piecing together market structure, how you're piecing
market structure, how you're piecing together area of interest, how you're
together area of interest, how you're piecing together trend and a reversal
piecing together trend and a reversal pattern. Everything is just coming
pattern. Everything is just coming together, right? And this is just one of
together, right? And this is just one of the things that I'm going to be teaching
the things that I'm going to be teaching you right now. So once again, if there's
you right now. So once again, if there's something that you don't have clear,
something that you don't have clear, just take a pause, go back, double check
just take a pause, go back, double check it, and then come back to this point
it, and then come back to this point right here. And if you're not
right here. And if you're not subscribed, hit the [ __ ] subscribe
subscribed, hit the [ __ ] subscribe button. Right. So, let's continue to go
button. Right. So, let's continue to go on with the head and shoulders pattern.
on with the head and shoulders pattern. Right now, for a bearish example, it's
Right now, for a bearish example, it's basically the exact same thing. This
basically the exact same thing. This market right here was creating this
market right here was creating this lower low. And then this over here was
lower low. And then this over here was creating this lower high, right? This
creating this lower high, right? This market structure, let's just pretend
market structure, let's just pretend like this market is like this. This
like this market is like this. This right here is the lower high. this right
right here is the lower high. this right here on this lower high and this lower
here on this lower high and this lower low. What do we expect to happen here?
low. What do we expect to happen here? We expect from this move right here to
We expect from this move right here to it continue to go to the downside. At no
it continue to go to the downside. At no point do we expect for this to come over
point do we expect for this to come over here and then retest this and then
here and then retest this and then actually have a reversal to the upside.
actually have a reversal to the upside. This right here, if you would see this,
This right here, if you would see this, you would still very much count it
you would still very much count it bearish. Now, some people are better
bearish. Now, some people are better buyers than sellers. Some people are
buyers than sellers. Some people are better sellers than buyers. It just it's
better sellers than buyers. It just it's entirely up to you. Once again, if you
entirely up to you. Once again, if you don't have a clear indication on how to
don't have a clear indication on how to do that, you can just flip the chart.
do that, you can just flip the chart. But the principle applies exactly the
But the principle applies exactly the same. Nothing will change if it's
same. Nothing will change if it's bullish or if it's bearish. It's
bullish or if it's bearish. It's literally the exact same thing, right?
literally the exact same thing, right? So this right here, we understand that
So this right here, we understand that this market is indeed bearish. Lower
this market is indeed bearish. Lower high, lower low. We haven't broken
high, lower low. We haven't broken above. Nothing changes. Now, if this
above. Nothing changes. Now, if this does this now, guess what? We have the
does this now, guess what? We have the confirmed break of this lower high,
confirmed break of this lower high, making this the higher high. And if this
making this the higher high. And if this is the higher high, we get the head of
is the higher high, we get the head of the snake. The first turn, that is going
the snake. The first turn, that is going to be the higher low. So then this turns
to be the higher low. So then this turns into the higher low. That turns into the
into the higher low. That turns into the higher low. We could only find an area
higher low. We could only find an area of interest inside of this higher high
of interest inside of this higher high and higher low. And what a coincidence
and higher low. And what a coincidence that it is literally at the neckline of
that it is literally at the neckline of this left head and right shoulder. So
this left head and right shoulder. So you simply draw your head and shoulders.
you simply draw your head and shoulders. Obviously, it's the exact same example.
Obviously, it's the exact same example. before I just flip the chart. But that's
before I just flip the chart. But that's really how easy you can tell the
really how easy you can tell the difference in between one or the other.
difference in between one or the other. So in the chart is going to be exactly
So in the chart is going to be exactly the same exactly just like this, right?
the same exactly just like this, right? So this right here is the lower low and
So this right here is the lower low and then this over here is going to be the
then this over here is going to be the lower high. So us as traders, we do not
lower high. So us as traders, we do not enter the trade on the breakout of the
enter the trade on the breakout of the neckline. We have to wait for price to
neckline. We have to wait for price to come back into this area and then
come back into this area and then retest. And then once it retests, then
retest. And then once it retests, then you look for those candlestick
you look for those candlestick formations here. Since you're looking to
formations here. Since you're looking to sell, you look for a bearish shooting
sell, you look for a bearish shooting star and then a bearish engulfing
star and then a bearish engulfing candlestick to then continue pushing
candlestick to then continue pushing this trade to the downside. That's
this trade to the downside. That's pretty much it. That is exactly how the
pretty much it. That is exactly how the head and shoulders works. I can
head and shoulders works. I can literally show you I'm talking about
literally show you I'm talking about like hundreds of these examples every
like hundreds of these examples every single day. I'm going to show you with a
single day. I'm going to show you with a real life example right here. So, this
real life example right here. So, this right here is a ugly head and shoulders
right here is a ugly head and shoulders pattern. So, as you can see it right
pattern. So, as you can see it right here, this right here will be a left
here, this right here will be a left head and then a big right shoulder.
head and then a big right shoulder. Guess what? We came back over here. We
Guess what? We came back over here. We broke above the right shoulder. We broke
broke above the right shoulder. We broke the right shoulder. We retested the
the right shoulder. We retested the right shoulder. And then we started to
right shoulder. And then we started to have the push to the downside. You guys
have the push to the downside. You guys remember when I showed you guys this
remember when I showed you guys this trade before I I was interested in
trade before I I was interested in taking it? How I was actually interested
taking it? How I was actually interested in taking it? Well, look how it's moving
in taking it? Well, look how it's moving now. Look where it is now. All because
now. Look where it is now. All because of this 1 hour left head right shoulder.
of this 1 hour left head right shoulder. The head and shoulder is equally as
The head and shoulder is equally as valuable. And I mean it is used equally
valuable. And I mean it is used equally the same on every single time frame. Now
the same on every single time frame. Now obviously the higher the time frame the
obviously the higher the time frame the stronger the pattern is going to be but
stronger the pattern is going to be but it's used the exact same way. You have
it's used the exact same way. You have to wait for the break of the structure.
to wait for the break of the structure. So for example right here if we are
So for example right here if we are looking for this example right here this
looking for this example right here this if we were to look at it on the market
if we were to look at it on the market structure you can see how we have left
structure you can see how we have left head and right here you never really
head and right here you never really anticipate a right shoulder until you
anticipate a right shoulder until you actually start to see it being created.
actually start to see it being created. So that right shoulder there is looking
So that right shoulder there is looking a little bit ugly but it is creating a
a little bit ugly but it is creating a right shoulder. And as you can tell this
right shoulder. And as you can tell this is the higher low. That's the higher
is the higher low. That's the higher high. We shifted the structure. So,
high. We shifted the structure. So, that's a good head and shoulders that we
that's a good head and shoulders that we like to see, but we never got the break
like to see, but we never got the break of the neckline. So, or we're waiting
of the neckline. So, or we're waiting for this break of the neckline in order
for this break of the neckline in order for us to then actually sell this trade.
for us to then actually sell this trade. So, as you can tell, no break of the
So, as you can tell, no break of the neckline there. We almost broke the
neckline there. We almost broke the neckline. We did nothing. Went up to the
neckline. We did nothing. Went up to the upside. And then over here, we actually
upside. And then over here, we actually broke the neckline, came back and
broke the neckline, came back and retested it, and then we had a beautiful
retested it, and then we had a beautiful sell to the downside. This is just based
sell to the downside. This is just based off of pure market structure. You can
off of pure market structure. You can see here how this was a head and
see here how this was a head and shoulders that it never broke the
shoulders that it never broke the neckline. Left head and then guess what?
neckline. Left head and then guess what? This right shoulder. This was the higher
This right shoulder. This was the higher high and then this was the higher low.
high and then this was the higher low. The market never broke this higher low.
The market never broke this higher low. It never completed this right shoulder.
It never completed this right shoulder. It never created a proper reversal
It never created a proper reversal pattern. Now, don't get me wrong. You're
pattern. Now, don't get me wrong. You're going to get these head and shoulders
going to get these head and shoulders literally everywhere in the market. I'm
literally everywhere in the market. I'm talking about in the middle of the
talking about in the middle of the chart, at the top, at the bottom. You
chart, at the top, at the bottom. You want to make sure that you can get this
want to make sure that you can get this reversal pattern on areas that it
reversal pattern on areas that it actually will have a significant impact.
actually will have a significant impact. You want to make sure that you're
You want to make sure that you're getting this head and shoulders pattern
getting this head and shoulders pattern at a resistance. If you're looking to
at a resistance. If you're looking to sell, you want to make sure you can have
sell, you want to make sure you can have it at a support. If you're looking to
it at a support. If you're looking to buy, perfect example of a beautiful head
buy, perfect example of a beautiful head and shoulders could be this example
and shoulders could be this example right here. Left head, right shoulder.
right here. Left head, right shoulder. Doesn't look clean on the candlestick
Doesn't look clean on the candlestick chart. Don't worry. Go to the line
chart. Don't worry. Go to the line chart. Be I'm talking about beautiful.
chart. Be I'm talking about beautiful. left head and then right shoulder. Price
left head and then right shoulder. Price broke the neckline. We came back to
broke the neckline. We came back to retest it and then I ended up taking a
retest it and then I ended up taking a loss. And I'm a real one for doing this,
loss. And I'm a real one for doing this, you know, like I am in control of this
you know, like I am in control of this video right now. I can just pause the
video right now. I can just pause the video and then just go find the perfect
video and then just go find the perfect example how it actually happened on that
example how it actually happened on that perfect example and then just show you
perfect example and then just show you how it wins every single time. But I'm
how it wins every single time. But I'm not going to do that because that's
not going to do that because that's [ __ ] up. like I'm showing you guys
[ __ ] up. like I'm showing you guys real life examples on trades that I
real life examples on trades that I personally have taken and trades that I
personally have taken and trades that I have actually either made money or lost
have actually either made money or lost money on. Even if they're not as
money on. Even if they're not as perfect, it it's going to, you know, it
perfect, it it's going to, you know, it benefits me far more because you guys
benefits me far more because you guys will like me a lot more if I just set a
will like me a lot more if I just set a perfect example and show you how exactly
perfect example and show you how exactly how it looks on a perfect scale and show
how it looks on a perfect scale and show you how it works every single time. But
you how it works every single time. But that's not the reality of this. And
that's not the reality of this. And that's the mistake that a lot of these
that's the mistake that a lot of these mentors make while they're making these
mentors make while they're making these videos. They always try and find a
videos. They always try and find a perfect example just to show you so it
perfect example just to show you so it makes sense. I'm not doing that. I'm
makes sense. I'm not doing that. I'm making it make sense with real life
making it make sense with real life examples. So you guys, when you guys go
examples. So you guys, when you guys go out there to the real world and go trade
out there to the real world and go trade the real markets, you're not [ __ ]
the real markets, you're not [ __ ] lost and you actually understand [ __ ]
lost and you actually understand [ __ ] And even though you have a perfect head
And even though you have a perfect head and shoulders pattern like this one, you
and shoulders pattern like this one, you can actually understand that there's
can actually understand that there's still a risk of losing no matter what.
still a risk of losing no matter what. So I'm protecting your capital. I'm just
So I'm protecting your capital. I'm just looking out as much as I possibly can.
looking out as much as I possibly can. So just wanted to set that tonality
So just wanted to set that tonality because I've realized it throughout the
because I've realized it throughout the videos that I could have done so many
videos that I could have done so many different types of examples that would
different types of examples that would have made me look better, but it would
have made me look better, but it would have not been the reality for you guys.
have not been the reality for you guys. And I just wanted to show you guys that,
And I just wanted to show you guys that, right? So for example here, this is
right? So for example here, this is another head and shoulders. How this was
another head and shoulders. How this was the higher high. This was the higher
the higher high. This was the higher low. Price never broke the neckline. We
low. Price never broke the neckline. We remained bullish. And even though right
remained bullish. And even though right here it probably might have looked like
here it probably might have looked like it was going to create a beautiful right
it was going to create a beautiful right shoulder from this area. It could have
shoulder from this area. It could have easily looked like it was going to go
easily looked like it was going to go down and create a left head. Right
down and create a left head. Right shoulder, excuse me. We did that. So
shoulder, excuse me. We did that. So examples like these, I'm telling you,
examples like these, I'm telling you, they are literally never ending
they are literally never ending throughout the whole entire video. These
throughout the whole entire video. These are literally everywhere in the chart.
are literally everywhere in the chart. You're going to get them on every single
You're going to get them on every single time frame throughout any chart. I'm
time frame throughout any chart. I'm just looking to the left finding these
just looking to the left finding these head and shoulders when and if they
head and shoulders when and if they happen, but they happen all of the time
happen, but they happen all of the time at every single place. For example,
at every single place. For example, right here you have a beautiful inverted
right here you have a beautiful inverted head and shoulders pattern right here.
head and shoulders pattern right here. So, this right here is going to be the
So, this right here is going to be the left. This right here is going to be the
left. This right here is going to be the right I mean the head, excuse me. And
right I mean the head, excuse me. And then this is going to be the right
then this is going to be the right shoulder. You notice price broke this
shoulder. You notice price broke this neckline, came back, retested, beautiful
neckline, came back, retested, beautiful push to the upside. Once again, if it
push to the upside. Once again, if it doesn't look super clean, you can go out
doesn't look super clean, you can go out to the line chart and then on the line
to the line chart and then on the line chart, you can see it. Left head, broke
chart, you can see it. Left head, broke the lower high structure point, came
the lower high structure point, came back to create the right shoulder, break
back to create the right shoulder, break retest, and then it went to the upside.
retest, and then it went to the upside. Examples like these and I want to find
Examples like these and I want to find the I remember that I caught one the
the I remember that I caught one the other day. I wonder where it is. And you
other day. I wonder where it is. And you know, they come very big. They could
know, they come very big. They could also come very small. So for example,
also come very small. So for example, you can see this right here as like one
you can see this right here as like one ginormous head and shoulders. For
ginormous head and shoulders. For example, like right here, you have a
example, like right here, you have a ginormous left head and then a ginormous
ginormous left head and then a ginormous right shoulder. Or you can see a smaller
right shoulder. Or you can see a smaller head and shoulders right here. Left head
head and shoulders right here. Left head and then right shoulder, for example.
and then right shoulder, for example. I'm telling you, these these are it's
I'm telling you, these these are it's literally my favorite reversal pattern.
literally my favorite reversal pattern. If I go down to the 15-minut time frame,
If I go down to the 15-minut time frame, you're going to see it more than ever. I
you're going to see it more than ever. I think it was NZD
think it was NZD CAD. Was it NZD CAD?
CAD. Was it NZD CAD? NZD CAD? No, I think it was Oh, it was
NZD CAD? No, I think it was Oh, it was NZDUSD.
NZDUSD. Like this right here is a beautiful
Like this right here is a beautiful trade setup that I had. I'm talking
trade setup that I had. I'm talking about phenomenal. Look at this right
about phenomenal. Look at this right here. Right. So, this right here has a
here. Right. So, this right here has a beautiful left
beautiful left head and then this broke the structure
head and then this broke the structure and created this beautiful right
and created this beautiful right shoulder for me. Right? It's a very big
shoulder for me. Right? It's a very big head and shoulders. Now on this retest
head and shoulders. Now on this retest of this neckline, I go down to the 4
of this neckline, I go down to the 4 hour. And when I go down to this 4 hour,
hour. And when I go down to this 4 hour, I can see right here. What do I see? I
I can see right here. What do I see? I see a beautiful left head and then right
see a beautiful left head and then right shoulder retesting the bigger neckline
shoulder retesting the bigger neckline of the head and shoulders. So this is
of the head and shoulders. So this is the big head and shoulders over here.
the big head and shoulders over here. And now this is retesting the neckline.
And now this is retesting the neckline. Beautiful head and shoulders at the
Beautiful head and shoulders at the retest of it. Here's another beautiful
retest of it. Here's another beautiful example of a beautiful head, left head
example of a beautiful head, left head and then right shoulder. We broke,
and then right shoulder. We broke, retested the neckline and then we sold.
retested the neckline and then we sold. Right here we have an inverted head and
Right here we have an inverted head and shoulders. Right here we have a left
shoulders. Right here we have a left head and then the right shoulder trade
head and then the right shoulder trade continued to go to the upside. Up here
continued to go to the upside. Up here we have another head and shoulders. We
we have another head and shoulders. We have left head and then right shoulder
have left head and then right shoulder broke, retested and then went to the
broke, retested and then went to the downside. Right here we have another
downside. Right here we have another left. These things are just never
left. These things are just never ending. Head, right shoulder. This right
ending. Head, right shoulder. This right here is clearly an area of interest. So
here is clearly an area of interest. So if this was I mean you can just look at
if this was I mean you can just look at it. You can just look at this example
it. You can just look at this example like this, right? So let's say this is
like this, right? So let's say this is the higher or let's let's not say this
the higher or let's let's not say this right here is the higher high, right?
right here is the higher high, right? For example, this right here is the
For example, this right here is the higher high of this market. This right
higher high of this market. This right here is the higher low of this market.
here is the higher low of this market. We know that this is bullish. So in this
We know that this is bullish. So in this market, we now get a perfect retest of
market, we now get a perfect retest of this area. So right here it looks like
this area. So right here it looks like we're creating the perfect base for the
we're creating the perfect base for the left for the head. Now you don't know a
left for the head. Now you don't know a right shoulder's coming. You just look
right shoulder's coming. You just look this looks like the base. This looks
this looks like the base. This looks like it's just rejecting the structure
like it's just rejecting the structure to potentially go to the upside, right?
to potentially go to the upside, right? But then you get something like this.
But then you get something like this. You get a little high and then it
You get a little high and then it breaks. Now when it breaks is when you
breaks. Now when it breaks is when you realize, oh [ __ ] this [ __ ] is actually
realize, oh [ __ ] this [ __ ] is actually bearish. This went from being bullish to
bearish. This went from being bullish to bearish. Now this higher low gets
bearish. Now this higher low gets invalidated. This becomes the new lower
invalidated. This becomes the new lower low. You do your little snake trick.
low. You do your little snake trick. this becomes the lower high. If that
this becomes the lower high. If that becomes the lower high, then we have to
becomes the lower high, then we have to look for an area of interest inside of
look for an area of interest inside of this lower high and lower low. But
this lower high and lower low. But first, let's just make sure that this
first, let's just make sure that this candlestick has actually stopped at this
candlestick has actually stopped at this area. This we need to have some type of
area. This we need to have some type of slowdown at this area so we confirm that
slowdown at this area so we confirm that we're actually having that as the lower
we're actually having that as the lower low. As of right now, this looks like
low. As of right now, this looks like this became the new lower low. See what
this became the new lower low. See what happens to the next candle. Okay, this
happens to the next candle. Okay, this becomes okay, perfect. That became the
becomes okay, perfect. That became the lower low. So now we're going to look
lower low. So now we're going to look for areas of interest within this box,
for areas of interest within this box, right? So we're going to go back out to
right? So we're going to go back out to the line chart. We're going to start
the line chart. We're going to start working our way up from this point right
working our way up from this point right here. Start working our way up. Boom.
here. Start working our way up. Boom. Right here we have one and then two. We
Right here we have one and then two. We can potentially have this as an area of
can potentially have this as an area of interest. Let's see what it looks like
interest. Let's see what it looks like on the candlestick chart. We have one.
on the candlestick chart. We have one. I'm sure if we look more left, uh, we
I'm sure if we look more left, uh, we have maybe three. One, two. Doesn't look
have maybe three. One, two. Doesn't look that clean. we start. If we keep working
that clean. we start. If we keep working our way up, we're going to probably run
our way up, we're going to probably run into this area right here where we have
into this area right here where we have one, two, and then three. If we look at
one, two, and then three. If we look at it on the line chart, you can tell we
it on the line chart, you can tell we have very clean structure. We have 1 2 3
have very clean structure. We have 1 2 3 four structure points. And what a
four structure points. And what a coincidence that it's also the neckline
coincidence that it's also the neckline of the head and shoulders. Now, this
of the head and shoulders. Now, this neckline of the head and shoulders,
neckline of the head and shoulders, we're going to wait for price to come
we're going to wait for price to come back and then retest it. So once price
back and then retest it. So once price comes back and then retest it, we're
comes back and then retest it, we're going to wait for some type of rejection
going to wait for some type of rejection confirmation like this evening star
confirmation like this evening star formation for us in order to enter this
formation for us in order to enter this trade and have the sell to the downside.
trade and have the sell to the downside. So now this is the confirmation that the
So now this is the confirmation that the neckline the head and shoulders has
neckline the head and shoulders has broken it has come back to retest it. We
broken it has come back to retest it. We have our engulfing and then guess what?
have our engulfing and then guess what? Beautiful sell to the downside. That
Beautiful sell to the downside. That right there ladies and gentlemen is a
right there ladies and gentlemen is a perfect example of a head and shoulders
perfect example of a head and shoulders and this is just a random chart that I
and this is just a random chart that I found here on Trading View. Head and
found here on Trading View. Head and shoulders patterns happen literally
shoulders patterns happen literally everywhere throughout the market. I can
everywhere throughout the market. I can show you another one right here. Left
show you another one right here. Left head, right shoulder. We broke the
head, right shoulder. We broke the neckline, came back and retested. You
neckline, came back and retested. You can see it right here. Left head, right
can see it right here. Left head, right shoulder. What matters is that it
shoulder. What matters is that it shifted from being this the higher low
shifted from being this the higher low to this being the higher high. We
to this being the higher high. We shifted the structure. So we go from
shifted the structure. So we go from being bullish to then bearish. And then
being bullish to then bearish. And then we create the new lower low. Then we
we create the new lower low. Then we come back, we create the retest and then
come back, we create the retest and then we sell. That is the beauty of the head
we sell. That is the beauty of the head and shoulders that it is a reversal
and shoulders that it is a reversal pattern and it is literally showing you
pattern and it is literally showing you its hand first. You're letting the
its hand first. You're letting the market create the move before it even h
market create the move before it even h like you're letting the market do the
like you're letting the market do the move for you where you're letting the
move for you where you're letting the market literally have the pattern so you
market literally have the pattern so you can just simply follow it. You don't
can just simply follow it. You don't even have to think. All you simply have
even have to think. All you simply have to do is just react to the pattern. And
to do is just react to the pattern. And I know I have many, many, many more
I know I have many, many, many more examples. I think I have one on GBPUSD
examples. I think I have one on GBPUSD not so long ago that I took as well.
not so long ago that I took as well. That was a beautiful head and shoulders.
That was a beautiful head and shoulders. I think it was somewhere. Yeah. Okay.
I think it was somewhere. Yeah. Okay. Look for example right here. So right
Look for example right here. So right here GBPUSD once again we have left head
here GBPUSD once again we have left head right shoulder. We break that neckline
right shoulder. We break that neckline come back and retest and then we sell.
come back and retest and then we sell. Examples of these are literally
Examples of these are literally everywhere. And it it's just called a
everywhere. And it it's just called a head and shoulders pattern because
head and shoulders pattern because that's just what it is. But it's really
that's just what it is. But it's really just a reversal pattern. For example,
just a reversal pattern. For example, right here you have this market that is
right here you have this market that is bullish. This market right here is
bullish. This market right here is bullish. Right? This market was creating
bullish. Right? This market was creating higher highs, higher lows, higher highs
higher highs, higher lows, higher highs and then guess what? We shifted the
and then guess what? We shifted the structure. So if this is the higher low
structure. So if this is the higher low and then this is the higher high. This
and then this is the higher high. This at this point did not shift the market
at this point did not shift the market structure. This market was still bullish
structure. This market was still bullish up to this point right here. But guess
up to this point right here. But guess what? We broke the neckline. We came
what? We broke the neckline. We came back to retest it. And then guess what
back to retest it. And then guess what happens after? Retest the neckline.
happens after? Retest the neckline. Beautiful sells to the downside. This
Beautiful sells to the downside. This right here is the beauty of the reversal
right here is the beauty of the reversal pattern. Now, it's not that I'm looking
pattern. Now, it's not that I'm looking for specifically a head and shoulders
for specifically a head and shoulders pattern. No, what I'm looking for is for
pattern. No, what I'm looking for is for this right here is that shift of
this right here is that shift of structure, the market going from bullish
structure, the market going from bullish to bearish. That is the reversal
to bearish. That is the reversal pattern. That is the indication that I'm
pattern. That is the indication that I'm looking for in order for me to be
looking for in order for me to be interested in this trade. It's the shift
interested in this trade. It's the shift of the structure. Whether it happens
of the structure. Whether it happens from the uh the push from the head or
from the uh the push from the head or whether it happens from the break of the
whether it happens from the break of the neckline of the actual head and
neckline of the actual head and shoulders. And like I'm just so
shoulders. And like I'm just so passionate about these head and
passionate about these head and shoulders that I can literally be on
shoulders that I can literally be on here for hours just showing you examples
here for hours just showing you examples of head and shoulders alone. Just
of head and shoulders alone. Just literally head and shoulders everywhere.
literally head and shoulders everywhere. Like there's another one right here. I'm
Like there's another one right here. I'm trying to find like an ugly one cuz
trying to find like an ugly one cuz sometimes there is some ugly ones. I
sometimes there is some ugly ones. I mean this is kind of like an ugly one in
mean this is kind of like an ugly one in a way in my opinion because this one's
a way in my opinion because this one's like not super clean. Left head and then
like not super clean. Left head and then right shoulder. All that matters is that
right shoulder. All that matters is that we broke the structure, retested the
we broke the structure, retested the neckline, we then had a push to the
neckline, we then had a push to the upside. I see these patterns happen
upside. I see these patterns happen every single day, everywhere in the
every single day, everywhere in the market, either at tops or bottoms. And
market, either at tops or bottoms. And for me, it's my personal favorite
for me, it's my personal favorite reversal pattern. And it lets me know
reversal pattern. And it lets me know that the market is indeed respecting the
that the market is indeed respecting the structure. Perfect example could also be
structure. Perfect example could also be this right here, this inverted head and
this right here, this inverted head and shoulders right here. We have this left,
shoulders right here. We have this left, this head, and then this right shoulder.
this head, and then this right shoulder. We break the neckline. So, as you can
We break the neckline. So, as you can tell, this right here is going to be the
tell, this right here is going to be the lower high of this market. If this is
lower high of this market. If this is the lower high of this market and then
the lower high of this market and then this is going to be the lower low, that
this is going to be the lower low, that lower high and lower low, guess what
lower high and lower low, guess what happens? We break that neckline, we
happens? We break that neckline, we break that lower high, we break the
break that lower high, we break the lower low, we then break above it, come
lower low, we then break above it, come back, retest it, have the bullish
back, retest it, have the bullish engulfing candlestick, and look at this
engulfing candlestick, and look at this beautiful push to the upside. Like, it
beautiful push to the upside. Like, it just I just can't I just can't get over
just I just can't I just can't get over it, you know? I just can't get over how
it, you know? I just can't get over how many times this pattern happens all of
many times this pattern happens all of the time. perfect examples right here on
the time. perfect examples right here on a head and shoulders that it did not
a head and shoulders that it did not respect it. So technically, you know,
respect it. So technically, you know, you can call this the left the head and
you can call this the left the head and then the right shoulder. And if you were
then the right shoulder. And if you were to call this right here the higher low,
to call this right here the higher low, technically it did break that neckline.
technically it did break that neckline. So if you were to call this the higher
So if you were to call this the higher low and this the higher high for
low and this the higher high for examples purposes, this right here,
examples purposes, this right here, technically it did break that structure
technically it did break that structure and we did come back and then retest it
and we did come back and then retest it and it could have sold off. But
and it could have sold off. But personally, I would have not counted
personally, I would have not counted this as a right shoulder for me. That
this as a right shoulder for me. That would have just been way too small of a
would have just been way too small of a right shoulder. Would have not been as
right shoulder. Would have not been as clear. Like I want the right shoulder to
clear. Like I want the right shoulder to be obvious. I want you to be actually be
be obvious. I want you to be actually be able to spot the shoulder. For perfect
able to spot the shoulder. For perfect example could be this one here as well.
example could be this one here as well. And I know I'm beating out a dead horse
And I know I'm beating out a dead horse here, but I know that the repetition is
here, but I know that the repetition is what's going to lead you guys to
what's going to lead you guys to success. I know that's what's going to
success. I know that's what's going to make you guys see the things how I see
make you guys see the things how I see it. Cuz what makes me a profitable
it. Cuz what makes me a profitable trader and be able to see the markets
trader and be able to see the markets how I see it. It's not something secret
how I see it. It's not something secret that I know. It's the amount of times
that I know. It's the amount of times that I've seen this and I actually could
that I've seen this and I actually could understand it better than anybody else
understand it better than anybody else because I've seen it so much. Right
because I've seen it so much. Right here, we have a left head and then guess
here, we have a left head and then guess what? We never broke that higher low. So
what? We never broke that higher low. So then this never created the right
then this never created the right shoulder. If we look at this on the
shoulder. If we look at this on the neckline, I mean on the line chart, this
neckline, I mean on the line chart, this is technically going to be the higher
is technically going to be the higher high right here. This is technically
high right here. This is technically going to be the higher low right here.
going to be the higher low right here. So as you can tell, price never broke
So as you can tell, price never broke below that higher low. So, while this
below that higher low. So, while this was creating that potential right
was creating that potential right shoulder for us to then sell because
shoulder for us to then sell because right there that looks like it can
right there that looks like it can create the perfect right shoulder, we
create the perfect right shoulder, we never broke below the higher low. We
never broke below the higher low. We continue having this push to the upside.
continue having this push to the upside. So, ladies and gentlemen, Head and
So, ladies and gentlemen, Head and Shoulders pattern is my favorite
Shoulders pattern is my favorite reversal pattern, but not because of the
reversal pattern, but not because of the actual pattern itself. It's because of
actual pattern itself. It's because of how it is done and that is with the
how it is done and that is with the shift of structure from the higher low
shift of structure from the higher low to the higher high or once we actually
to the higher high or once we actually break the neckline we come back and we
break the neckline we come back and we retest it and then we sell. Head and
retest it and then we sell. Head and shoulders is my favorite and most
shoulders is my favorite and most effective reversal pattern. Now to this
effective reversal pattern. Now to this we're going to add what is also called
we're going to add what is also called as a indicator. Right? So an indicator
as a indicator. Right? So an indicator is obviously exactly what it's named, an
is obviously exactly what it's named, an indicator, right? It's going to indicate
indicator, right? It's going to indicate to you that the market is either going
to you that the market is either going to do one thing or do another, right? So
to do one thing or do another, right? So there's many different types of
there's many different types of indicators. You know, we can go here
indicators. You know, we can go here into the indicator section of Trading
into the indicator section of Trading View. And this area alone, you can
View. And this area alone, you can pretty much click every single one of
pretty much click every single one of these and you're going to have a billion
these and you're going to have a billion different types of indicators. They all
different types of indicators. They all supposedly know what's going to happen
supposedly know what's going to happen next. There is always a new indicator.
next. There is always a new indicator. They're always doing updated indicators.
They're always doing updated indicators. There's always going to be different
There's always going to be different types of indicators that the market is
types of indicators that the market is going to offer. Now, the only indicator
going to offer. Now, the only indicator that I personally use
that I personally use is the EMA
is the EMA exponential
exponential moving average. Now, I use this you guys
moving average. Now, I use this you guys can see it over here. EMA. So, the
can see it over here. EMA. So, the moving average exponential. I don't know
moving average exponential. I don't know why it says EMA and then the wording of
why it says EMA and then the wording of it is completely different but it is the
it is completely different but it is the exponential moving average or the moving
exponential moving average or the moving average exponential potato the same
average exponential potato the same thing. You guys understand
thing. You guys understand I only use an indicator by accident. I
I only use an indicator by accident. I was never planning to use an indicator.
was never planning to use an indicator. For me the indicators I tried to have
For me the indicators I tried to have many different types of indicators. I
many different types of indicators. I tried to do the indicator crossover. So,
tried to do the indicator crossover. So, it's where you have like five of them
it's where you have like five of them and then whenever all of these different
and then whenever all of these different types of indicators whenever they all
types of indicators whenever they all cross over that's when you would sell
cross over that's when you would sell below it or whenever the price would
below it or whenever the price would cross above all of them that's when you
cross above all of them that's when you would buy with it. It's all [ __ ]
would buy with it. It's all [ __ ] [ __ ] at the end of the day.
[ __ ] at the end of the day. Indicator is a delayed line on the chart
Indicator is a delayed line on the chart based off of price. It's never going to
based off of price. It's never going to predict the future because it needs the
predict the future because it needs the current price to be able to like create
current price to be able to like create the indicator and it can never create
the indicator and it can never create future price because it doesn't have the
future price because it doesn't have the future price. It's just an added
future price. It's just an added confluence, right? So, whenever you see
confluence, right? So, whenever you see price, you're going to see this little
price, you're going to see this little blue line that pretty much just follows
blue line that pretty much just follows it everywhere it goes. Now, this blue
it everywhere it goes. Now, this blue line is literally exactly what it seems
line is literally exactly what it seems to be. It's like a dynamic support and
to be. It's like a dynamic support and resistance level that follows price.
resistance level that follows price. Whenever you're above the indicator, it
Whenever you're above the indicator, it is used as supports. Whenever you're
is used as supports. Whenever you're below the indicator, it is used as
below the indicator, it is used as resistance. Now, this indicator, like I
resistance. Now, this indicator, like I just mentioned, I came across it by
just mentioned, I came across it by accident. I was just pretty much
accident. I was just pretty much searching the internet for all different
searching the internet for all different types of profitable indicators and
types of profitable indicators and there's just really one that stuck out
there's just really one that stuck out and that is the exponential moving
and that is the exponential moving average. For you to get access to this
average. For you to get access to this exponential moving average, just type
exponential moving average, just type EMA and then it's going to pop up as the
EMA and then it's going to pop up as the 20, the 50, the 100, and the 200. So, I
20, the 50, the 100, and the 200. So, I want you guys to go ahead and click on
want you guys to go ahead and click on that. And once you guys click on it, you
that. And once you guys click on it, you guys are going to see how you're going
guys are going to see how you're going to get all these different types of
to get all these different types of indicators that pop up on your chart.
indicators that pop up on your chart. You have here the the 20. The 20 is
You have here the the 20. The 20 is always going to be closest to the price
always going to be closest to the price because it just moves as close as it can
because it just moves as close as it can to the price. Then you're going to have
to the price. Then you're going to have the 50, which is the one that I use, and
the 50, which is the one that I use, and it's it's this other blue one right
it's it's this other blue one right here. Then you're going to have the 100,
here. Then you're going to have the 100, which is a bit further. And then you're
which is a bit further. And then you're going to have the 200, which is is even
going to have the 200, which is is even further. All of these are [ __ ]
further. All of these are [ __ ] [ __ ] pretty much. But there's only
[ __ ] pretty much. But there's only one that sticks, and that's the 50 EMA.
one that sticks, and that's the 50 EMA. So for you to get access to the 50 EMA,
So for you to get access to the 50 EMA, how I do, just go ahead once again,
how I do, just go ahead once again, click EMA, and then you can just click
click EMA, and then you can just click on this section right here. And then
on this section right here. And then once you click on this section, then you
once you click on this section, then you want to make sure you can go to the
want to make sure you can go to the settings icon over here. And then on the
settings icon over here. And then on the settings icon, you're going to go to or
settings icon, you're going to go to or how is it? Do you double click this
how is it? Do you double click this right here? Visibility like this. So,
right here? Visibility like this. So, what you're gonna make sure is that you
what you're gonna make sure is that you can go ahead uncclick the red one,
can go ahead uncclick the red one, uncclick the dark blue one, uncclick the
uncclick the dark blue one, uncclick the light blue one, and then you're going to
light blue one, and then you're going to be left with the 50 EMA. The 50 EMA is
be left with the 50 EMA. The 50 EMA is going to be that orange one. It's
going to be that orange one. It's already a preset. You notice if I
already a preset. You notice if I uncclick it, it's literally right on top
uncclick it, it's literally right on top of my blue one that I have. I guess I
of my blue one that I have. I guess I just have an old indicator that I
just have an old indicator that I haven't updated and I don't care to
haven't updated and I don't care to update it. It's just there or I can just
update it. It's just there or I can just change it to this one. But as you can
change it to this one. But as you can tell, the 50 EMA is going to be that
tell, the 50 EMA is going to be that middle indicator because it goes right
middle indicator because it goes right over my blue line that I have right
over my blue line that I have right there. It's literally exactly the same.
there. It's literally exactly the same. And then that is pretty much how you
And then that is pretty much how you place the indicator and how the
place the indicator and how the indicator is used. It's basically a
indicator is used. It's basically a dynamic support and resistance. Whenever
dynamic support and resistance. Whenever the price is moving up and you're
the price is moving up and you're looking to buy at anywhere in this point
looking to buy at anywhere in this point right here, you being above the EMA is
right here, you being above the EMA is just an added confluence. If you're
just an added confluence. If you're looking to buy here, for example, and
looking to buy here, for example, and you're above the EMA, it's just an added
you're above the EMA, it's just an added confluence. If you're looking to sell
confluence. If you're looking to sell over here and you're above the EMA, just
over here and you're above the EMA, just something to take into consideration.
something to take into consideration. Over here, you're buying, it's above.
Over here, you're buying, it's above. Whenever price going down, it hits
Whenever price going down, it hits below. Whenever you go above, it's just
below. Whenever you go above, it's just it's always delayed in my opinion. I
it's always delayed in my opinion. I just have it honestly because I think it
just have it honestly because I think it looks cool. But there is some certain
looks cool. But there is some certain scenarios where it happens to line up
scenarios where it happens to line up perfectly with certain areas of interest
perfectly with certain areas of interest and and certain points. For example,
and and certain points. For example, like the 1 hour right here, right? So
like the 1 hour right here, right? So for the 1 hour, as you can tell, we have
for the 1 hour, as you can tell, we have the head and shoulders pattern. Left
the head and shoulders pattern. Left head, right shoulder, right? We already
head, right shoulder, right? We already understood that. We have the neckline of
understood that. We have the neckline of the head and shoulders. And then guess
the head and shoulders. And then guess what? Price broke this area. Came back
what? Price broke this area. Came back to retest the area of interest. Retest
to retest the area of interest. Retest the EMA. I mean, it retest the area of
the EMA. I mean, it retest the area of interest. the neckline of the head and
interest. the neckline of the head and shoulders and it also happens to have
shoulders and it also happens to have the EMA at that area. It's all a piecing
the EMA at that area. It's all a piecing of puzzle all together. If I were to
of puzzle all together. If I were to compare this to something of an engine
compare this to something of an engine of a vehicle, it's almost like having
of a vehicle, it's almost like having the hood of the car. Do you need the
the hood of the car. Do you need the hood of the car to drive the car? No, at
hood of the car to drive the car? No, at all. But it completes the car, right?
all. But it completes the car, right? Can can you remove the hood and still
Can can you remove the hood and still drive 24 hours without the car turning
drive 24 hours without the car turning off? Yes. Can the hood be off, it rain,
off? Yes. Can the hood be off, it rain, and the engine still be fine? Yes, of
and the engine still be fine? Yes, of course. The hood does nothing other than
course. The hood does nothing other than just give the car an aesthetic look and
just give the car an aesthetic look and it just completes the vehicle and it
it just completes the vehicle and it also protects your engine parts so I
also protects your engine parts so I don't know um somebody doesn't steal
don't know um somebody doesn't steal something from it. But you can drive the
something from it. But you can drive the car without the hood. So the EMA is like
car without the hood. So the EMA is like the hood. It's just like the cherry on
the hood. It's just like the cherry on top. It completes the trade for whenever
top. It completes the trade for whenever it is needed and you want to add it as a
it is needed and you want to add it as a confluence. For example, on the 1 hour
confluence. For example, on the 1 hour time frame, this EMA is used as a
time frame, this EMA is used as a resistance to then sell. But if we were
resistance to then sell. But if we were to go out to then the 4 hour on the 4
to go out to then the 4 hour on the 4 hour you can tell that we are above the
hour you can tell that we are above the EMA and now it's going to potentially
EMA and now it's going to potentially reject it to then head to the upside
reject it to then head to the upside potentially. On the daily time frame
potentially. On the daily time frame we're extremely far from the EMA for
we're extremely far from the EMA for example. And on the weekly time frame we
example. And on the weekly time frame we are even further away from that EMA. So
are even further away from that EMA. So the EMA it is not used just based off of
the EMA it is not used just based off of entry time frames, right? I I don't use
entry time frames, right? I I don't use it just on the lower time frames for
it just on the lower time frames for this example. It just happened to line
this example. It just happened to line up. I can find a different example of a
up. I can find a different example of a trade that I took. For example, let's
trade that I took. For example, let's just say this one right here. The 1 hour
just say this one right here. The 1 hour time frame when I was interested in
time frame when I was interested in taking this trade, I happened to be a
taking this trade, I happened to be a little bit below the EMA. Cool. That was
little bit below the EMA. Cool. That was an added confluence. On the 4hour time
an added confluence. On the 4hour time frame, when I went to go take the trade,
frame, when I went to go take the trade, I was a little bit above it. On the
I was a little bit above it. On the daily time frame, when I went to go take
daily time frame, when I went to go take the trade, I was very above it. So, the
the trade, I was very above it. So, the EMA is really not used at all. I just
EMA is really not used at all. I just want to educate you on what it is so you
want to educate you on what it is so you don't go out there like a maniac trying
don't go out there like a maniac trying to figure out the secret formula behind
to figure out the secret formula behind it because the truth of the matter is
it because the truth of the matter is that there is none. There is no secret
that there is none. There is no secret formula to the EMA. Sometimes it's good
formula to the EMA. Sometimes it's good to be above it. Sometimes it it doesn't
to be above it. Sometimes it it doesn't even matter. I personally when I go
even matter. I personally when I go grade my trade, the EMA is literally at
grade my trade, the EMA is literally at the bottom of the list. Like after I do
the bottom of the list. Like after I do all of my analysis and I do all of my
all of my analysis and I do all of my checklist and I do everything, I'm like,
checklist and I do everything, I'm like, "Oh, where's the EMA? Is it there or
"Oh, where's the EMA? Is it there or not? Oh, it is. Okay, cool. It's not.
not? Oh, it is. Okay, cool. It's not. Okay, cool. It doesn't matter. It does
Okay, cool. It doesn't matter. It does not complete my trade. It does not take
not complete my trade. It does not take away from my trade and it doesn't do
away from my trade and it doesn't do anything for my trade. The only again,
anything for my trade. The only again, for example, here I'm selling it. We're
for example, here I'm selling it. We're below on the 4 hour. Cool. Let's see on
below on the 4 hour. Cool. Let's see on the 1 hour time frame. What are we doing
the 1 hour time frame. What are we doing over here? Trying to make it back over
over here? Trying to make it back over to price on the 1 hour time frame.
to price on the 1 hour time frame. Perfect. As soon as I sold, I happened
Perfect. As soon as I sold, I happened to be below it as well. What a
to be below it as well. What a coincidence. For this example over here,
coincidence. For this example over here, when I happened to buy, I was below it.
when I happened to buy, I was below it. So, technically, I was breaking the
So, technically, I was breaking the rule. The EMA is nothing but a delayed
rule. The EMA is nothing but a delayed support and resistance. You placing a
support and resistance. You placing a area of interest like this how I have
area of interest like this how I have placed it right here is far more
placed it right here is far more accurate than the EMA because the area
accurate than the EMA because the area of interest is going to be valid for the
of interest is going to be valid for the real market structure and for the
real market structure and for the weekly, for the daily, for the 4 hour,
weekly, for the daily, for the 4 hour, for the 1 hour. It's all going to be the
for the 1 hour. It's all going to be the same thing. Not like the EMA how it is
same thing. Not like the EMA how it is subjective and it moves based off of the
subjective and it moves based off of the time frame. Depending on the time frame
time frame. Depending on the time frame that you are, it is going to be a bit
that you are, it is going to be a bit closer, a bit further. It's going to be
closer, a bit further. It's going to be added. It's not going to be added. Now,
added. It's not going to be added. Now, once again, there is hundreds of
once again, there is hundreds of different EMAs. The EMA is simply just a
different EMAs. The EMA is simply just a dynamic support and resistance that
dynamic support and resistance that holds price up supposedly whenever
holds price up supposedly whenever you're above it, and whenever you're
you're above it, and whenever you're below it, it pushes price down. It is a
below it, it pushes price down. It is a delayed indicator, and it has zero
delayed indicator, and it has zero importance when it comes to trading.
importance when it comes to trading. You're not going to build a whole entire
You're not going to build a whole entire trading strategy just based off of EMA.
trading strategy just based off of EMA. This will be a cherry on top on your
This will be a cherry on top on your trade when you go enter it. If you have
trade when you go enter it. If you have it, you have it. If you don't, you
it, you have it. If you don't, you don't. So, I'm just going to remove this
don't. So, I'm just going to remove this here so I just don't have that extra
here so I just don't have that extra indicator for no reason. But the EMA is
indicator for no reason. But the EMA is pretty much just a extra tool to call
pretty much just a extra tool to call it. Now, you understanding head and
it. Now, you understanding head and shoulders, you understanding EMA, you
shoulders, you understanding EMA, you understanding market structure, top down
understanding market structure, top down analysis, areas of interest, blah blah
analysis, areas of interest, blah blah blah. These are all different ways on
blah. These are all different ways on how to read the market. Now what if I
how to read the market. Now what if I told you that everything that I have
told you that everything that I have just taught you sets up the perfect
just taught you sets up the perfect trade based off confluences. So there is
trade based off confluences. So there is something called confluence trading and
something called confluence trading and confluences are literally what I have
confluences are literally what I have been talking about every single pretty
been talking about every single pretty much time that I go trade every single
much time that I go trade every single moment I have this confluence I don't
moment I have this confluence I don't have this confluence I have this I don't
have this confluence I have this I don't have this confluence trading is
have this confluence trading is literally having the most amount of
literally having the most amount of reasons to enter the trade or not it's
reasons to enter the trade or not it's like right now I'm trying to invite my
like right now I'm trying to invite my buddy out to go out to the bar with me
buddy out to go out to the bar with me to go drink I can't even remember the
to go drink I can't even remember the last time I went to a I don't think I've
last time I went to a I don't think I've ever gone to a bar to go have a beer,
ever gone to a bar to go have a beer, right? But just just for example, right?
right? But just just for example, right? Let's say I want to invite my friend to
Let's say I want to invite my friend to go out to the bar. Hey, bro. Bars are I
go out to the bar. Hey, bro. Bars are I don't even know. It's happy hour. Um
don't even know. It's happy hour. Um there's going to be a lot of um college
there's going to be a lot of um college girls there and
girls there and I I don't even know what people do at
I I don't even know what people do at bars, but right, I'm just trying to give
bars, but right, I'm just trying to give him as many possible reasons to convince
him as many possible reasons to convince my friend to come to the bar, right, and
my friend to come to the bar, right, and go have a drink with me. Bro, beers are
go have a drink with me. Bro, beers are half off. There's going to be a lot of
half off. There's going to be a lot of pretty women. free nachos and on top of
pretty women. free nachos and on top of that they're playing a football game.
that they're playing a football game. You say all that to your friend and he's
You say all that to your friend and he's like and you know what makes more sense
like and you know what makes more sense to be at the bar than to be at home
to be at the bar than to be at home doing nothing. So you you basically made
doing nothing. So you you basically made it make sense for your friend to be at
it make sense for your friend to be at the bar with you rather than be home.
the bar with you rather than be home. Confluence trading is really no
Confluence trading is really no different than that. But it's just, you
different than that. But it's just, you know, it's just revolved around money
know, it's just revolved around money and you can actually do something with
and you can actually do something with your life, right? You can actually
your life, right? You can actually capitalize off of it aside from just
capitalize off of it aside from just wasting your time at a bar drinking
wasting your time at a bar drinking beer. So when you go confluence trading,
beer. So when you go confluence trading, you try and add as many possible things
you try and add as many possible things together to the trade for it to
together to the trade for it to logically make sense for the trade to
logically make sense for the trade to actually go in one direction versus the
actually go in one direction versus the other. Because we all know the market is
other. Because we all know the market is going to do two things. The market from
going to do two things. The market from this point right here can either go down
this point right here can either go down or it can continue to go up, right? If
or it can continue to go up, right? If you at any point in your life, you
you at any point in your life, you figure out if the market does either one
figure out if the market does either one of those two things, you [ __ ] call
of those two things, you [ __ ] call me, right? because you're on to
me, right? because you're on to something special or there's something
something special or there's something wrong with the market. But in my humble
wrong with the market. But in my humble seven years of trading in these markets,
seven years of trading in these markets, I have never seen the market do anything
I have never seen the market do anything other than from this point right here go
other than from this point right here go up or go down. So it's already a 50/50
up or go down. So it's already a 50/50 chance. But now what if I told you that
chance. But now what if I told you that if at this area right here, there is
if at this area right here, there is seven reasons on why it has a higher
seven reasons on why it has a higher probability of going up than going down.
probability of going up than going down. Well, it just simply makes more sense to
Well, it just simply makes more sense to buy than to sell it. That's really it.
buy than to sell it. That's really it. At no point in my trading am I 100%
At no point in my trading am I 100% confident that this trade is going to go
confident that this trade is going to go in one direction or the other. I just
in one direction or the other. I just simply have so many reasons for it to go
simply have so many reasons for it to go in that direction versus the other that
in that direction versus the other that I go ahead and risk money behind it. But
I go ahead and risk money behind it. But I don't have inside information. I don't
I don't have inside information. I don't predict the future. I don't have a
predict the future. I don't have a crystal ball. I am not an alien, right?
crystal ball. I am not an alien, right? I just have a logical amount of reasons
I just have a logical amount of reasons on why it's going to go up rather than
on why it's going to go up rather than down. And that is all based off of
down. And that is all based off of everything that I've taught you on this
everything that I've taught you on this video. First thing, for example, is this
video. First thing, for example, is this market bullish? Bullish or bearish? All
market bullish? Bullish or bearish? All right, cool. Well, this market is
right, cool. Well, this market is bullish. All right, cool. So, that's the
bullish. All right, cool. So, that's the first thing we got, right? We already we
first thing we got, right? We already we already understand the market is
already understand the market is bullish. Cool. Well, where is the market
bullish. Cool. Well, where is the market right now? Well, this market is at an
right now? Well, this market is at an area of interest that it's a respected
area of interest that it's a respected area of interest. [ __ ] All right. Cool.
area of interest. [ __ ] All right. Cool. Cool. Cool. So we are at an area of
Cool. Cool. So we are at an area of interest. So this area of interest is
interest. So this area of interest is obviously a very wellrespected support
obviously a very wellrespected support and resistance. We're above it. It could
and resistance. We're above it. It could be used as support. Okay, cool. So right
be used as support. Okay, cool. So right now we understand we have two of these
now we understand we have two of these confluences in our favor. All right,
confluences in our favor. All right, cool. What else do we have? So we also
cool. What else do we have? So we also have at this area, let's say this is the
have at this area, let's say this is the daily time frame or the 4hour time frame
daily time frame or the 4hour time frame has created a dogee candlestick, an
has created a dogee candlestick, an undecision candlestick. And after this
undecision candlestick. And after this undecision candlestick, it's created a
undecision candlestick, it's created a morning star formation. Wow, we have a
morning star formation. Wow, we have a morning star formation for example.
morning star formation for example. Morning star formation. We have three
Morning star formation. We have three logical reasons on why this trade should
logical reasons on why this trade should go up or should go down. Now this is a
go up or should go down. Now this is a simple very simple confluence trading
simple very simple confluence trading checklist that we can just I just built
checklist that we can just I just built off of 5 seconds. We understand that we
off of 5 seconds. We understand that we are having very clear indications that
are having very clear indications that this should continue go to the upside
this should continue go to the upside rather than the downside. We're at a
rather than the downside. We're at a support level. We're trading with the
support level. We're trading with the trend. And then we have our entry
trend. And then we have our entry signal. Go ahead. We enter our trade.
signal. Go ahead. We enter our trade. And after we enter our trade, guess
And after we enter our trade, guess what? The trade does what it does.
what? The trade does what it does. Continue trades with the trend. Has a
Continue trades with the trend. Has a reaction from a support level. And it
reaction from a support level. And it has the momentum based off of the entry
has the momentum based off of the entry signal confirmation. That right there is
signal confirmation. That right there is literally confluence trading. Now,
literally confluence trading. Now, that's me not even including if we have
that's me not even including if we have the EMA. Me not including if maybe on
the EMA. Me not including if maybe on the 4hour time frame there's an inverted
the 4hour time frame there's an inverted head and shoulders over here. That's me
head and shoulders over here. That's me not including so many other little extra
not including so many other little extra things that can be added to this for it
things that can be added to this for it to make more sense. Right? This is just
to make more sense. Right? This is just me going off of three basic core
me going off of three basic core foundations. Trend, area of interest,
foundations. Trend, area of interest, and entry signal. It simply makes more
and entry signal. It simply makes more logical sense to enter this trade on a
logical sense to enter this trade on a buy rather than a sell. And the best way
buy rather than a sell. And the best way that I can present this confluence
that I can present this confluence trading is if you literally go up to
trading is if you literally go up to your your your parents, your siblings,
your your your parents, your siblings, your cousins, your friends, somebody
your cousins, your friends, somebody that doesn't believe in your trading
that doesn't believe in your trading journey or somebody that doesn't even
journey or somebody that doesn't even understand your trading journey and you
understand your trading journey and you literally tell them, all right, you show
literally tell them, all right, you show them this chart for example, right? So
them this chart for example, right? So let's say for example, I'm going to show
let's say for example, I'm going to show you let's say uh let's say for example
you let's say uh let's say for example this market right here, right? Right?
this market right here, right? Right? For example, let's say this market right
For example, let's say this market right here. and you go ahead and tell them,
here. and you go ahead and tell them, "All right, what do you think this
"All right, what do you think this market is going to do? Do you think this
market is going to do? Do you think this market is going to go up or do you think
market is going to go up or do you think this market is going to go down?"
this market is going to go down?" They're going to have no, right? Cuz
They're going to have no, right? Cuz you're going to you're going to show
you're going to you're going to show them an empty chart like this. They're
them an empty chart like this. They're going to be like, "Dude, I have no idea
going to be like, "Dude, I have no idea up or down." Now, they might be right or
up or down." Now, they might be right or they might be wrong. It's it's really a
they might be wrong. It's it's really a 50/50. It's not that hard to be right.
50/50. It's not that hard to be right. It's just very hard to be right
It's just very hard to be right consistently and profitably. And that is
consistently and profitably. And that is where having just a proper checklist and
where having just a proper checklist and a proper confluence list that changes
a proper confluence list that changes all of that. Right? So let's say you
all of that. Right? So let's say you just tell your random family member,
just tell your random family member, your random friend or whoever if this is
your random friend or whoever if this is going to go up or down. And they just
going to go up or down. And they just say, okay, I think it's going to go up
say, okay, I think it's going to go up or I think it's going to go down. And
or I think it's going to go down. And you tell them, okay, let me tell you
you tell them, okay, let me tell you what I think. And then you start
what I think. And then you start explaining to them, all right, well this
explaining to them, all right, well this market structure is currently bearish.
market structure is currently bearish. So this is the lower high. This right
So this is the lower high. This right here is the lower low. Secondly, after
here is the lower low. Secondly, after this market being bearish, this right
this market being bearish, this right here is a respected area of interest.
here is a respected area of interest. And we also happen to be very near the
And we also happen to be very near the neckline of this head and shoulders,
neckline of this head and shoulders, which is a massive reversal pattern. To
which is a massive reversal pattern. To add to that, when we go down to the 4
add to that, when we go down to the 4 hour, the 4 hour is rejecting this 4hour
hour, the 4 hour is rejecting this 4hour EMA. And when we go down to the 1 hour,
EMA. And when we go down to the 1 hour, we're having a 1 hour pin bar rejection
we're having a 1 hour pin bar rejection from this area. They're going to look at
from this area. They're going to look at you like if you're a [ __ ] mad
you like if you're a [ __ ] mad scientist, and they're going to be like,
scientist, and they're going to be like, well, you're talking Chinese, but you
well, you're talking Chinese, but you know what? These are many things that I
know what? These are many things that I don't know what they mean, and I guess
don't know what they mean, and I guess it makes more sense to sell than to buy
it makes more sense to sell than to buy at this point. Just for example, right?
at this point. Just for example, right? Just me right here. I pieced up a trade
Just me right here. I pieced up a trade to make more sense to sell than to buy.
to make more sense to sell than to buy. That is all confluence trading is. Is
That is all confluence trading is. Is you get everything that I have been
you get everything that I have been teaching you, which is just very over
teaching you, which is just very over the top. And by the way, these are more
the top. And by the way, these are more things that I can teach you later on.
things that I can teach you later on. But these are just very over-the-top
But these are just very over-the-top things that make the trade make more
things that make the trade make more sense, right? A better example could be
sense, right? A better example could be this trade, for example, right here that
this trade, for example, right here that I was interested in taking and I
I was interested in taking and I happened to miss out. Or even this
happened to miss out. Or even this trade, for example, that I was
trade, for example, that I was interested in taking. We have the trend,
interested in taking. We have the trend, the lower time frame trend in our favor.
the lower time frame trend in our favor. We break this area. We come back to
We break this area. We come back to retest the neckline. We are retesting
retest the neckline. We are retesting the neckline of the area of interest. We
the neckline of the area of interest. We have had a shift of structure. We are
have had a shift of structure. We are rejecting the area of interest. We are
rejecting the area of interest. We are rejecting the EMA and then we have a
rejecting the EMA and then we have a massive bearish engulfing candlestick.
massive bearish engulfing candlestick. It just makes more sense to sell than to
It just makes more sense to sell than to buy. Confluence trading is literally
buy. Confluence trading is literally building the perfect trade setup for you
building the perfect trade setup for you to have the most amount of confluences
to have the most amount of confluences in one direction or the other. Now, I
in one direction or the other. Now, I get this asked all the time. Is there a
get this asked all the time. Is there a minimum amount of confluences that I
minimum amount of confluences that I would have in order to take a trade? And
would have in order to take a trade? And the answer is no. Why would I want to
the answer is no. Why would I want to have a minimum amount of confluences?
have a minimum amount of confluences? Like, that just makes most no sense to
Like, that just makes most no sense to me. If I want to risk my money where my
me. If I want to risk my money where my money is going to be the safest, I I
money is going to be the safest, I I don't know why traders have this
don't know why traders have this perception of high risk, high reward,
perception of high risk, high reward, right? Or or people that just get
right? Or or people that just get involved in trading, they think, oh,
involved in trading, they think, oh, whatever is high risk is high reward.
whatever is high risk is high reward. Guys, we are not in the casino. We are
Guys, we are not in the casino. We are not in the what's that thing that the
not in the what's that thing that the the the powerable. We're not in the
the the powerable. We're not in the powerable. We're not in the lotto. We
powerable. We're not in the lotto. We don't want high risk. High risk actually
don't want high risk. High risk actually means low reward. A trade that has zero
means low reward. A trade that has zero confluences is high risk. And if it has
confluences is high risk. And if it has high conf if it has high risk and no
high conf if it has high risk and no confluences, the odds of you winning
confluences, the odds of you winning that are very low, right? So, you're not
that are very low, right? So, you're not going to have a very high return on
going to have a very high return on that. But now if a trade has eight
that. But now if a trade has eight confluences for example that makes that
confluences for example that makes that a very lowrisk trade and meaning it's a
a very lowrisk trade and meaning it's a very small chance that you're going to
very small chance that you're going to lose. So it makes more sense to risk
lose. So it makes more sense to risk more money on that and that is where you
more money on that and that is where you in turn have higher reward. You have
in turn have higher reward. You have high rewards on the lowrisk trades. Why?
high rewards on the lowrisk trades. Why? Because you're going to risk more money
Because you're going to risk more money on trades that have less odds of losing.
on trades that have less odds of losing. You're not going to risk more money on a
You're not going to risk more money on a trade that has higher odds of losing. If
trade that has higher odds of losing. If it has higher odds than losing, I don't
it has higher odds than losing, I don't even want to get involved. I want to get
even want to get involved. I want to get involved when I have the least amount of
involved when I have the least amount of chances of possibly losing. And that is
chances of possibly losing. And that is exactly what confluence trading is.
exactly what confluence trading is. You're building a approach to a trade
You're building a approach to a trade where it simply makes more sense to do
where it simply makes more sense to do one thing rather than the other. Perfect
one thing rather than the other. Perfect example is right here. This trade right
example is right here. This trade right here, we were rejecting this very strong
here, we were rejecting this very strong area of interest. The daily time frame
area of interest. The daily time frame was bearish. This is a massive bearish
was bearish. This is a massive bearish engulfing pin bar rejection. I then go
engulfing pin bar rejection. I then go down to the 4our time frame. We have a
down to the 4our time frame. We have a left head and a right shoulder. We break
left head and a right shoulder. We break this neckline. I go down to the 1 hour.
this neckline. I go down to the 1 hour. On the 1 hour, we then have a another
On the 1 hour, we then have a another left head, right shoulder. On the right
left head, right shoulder. On the right shoulder of the head and shoulders on
shoulder of the head and shoulders on the 4 hour. We break this neckline. We
the 4 hour. We break this neckline. We come back. We retest. We reject the EMA
come back. We retest. We reject the EMA and a massive 1 hour bearish engulfing
and a massive 1 hour bearish engulfing candlestick. I have just told you seven
candlestick. I have just told you seven different confluences in 5 seconds off
different confluences in 5 seconds off of everything that I've just simply told
of everything that I've just simply told you. Daily rejecting area of interest,
you. Daily rejecting area of interest, daily bearish engulfing candlestick,
daily bearish engulfing candlestick, 4hour head and shoulders candlesticks.
4hour head and shoulders candlesticks. Then you also have a break and retest of
Then you also have a break and retest of that head and shoulders neckline. That's
that head and shoulders neckline. That's another confluence. And then on top of
another confluence. And then on top of that, you have a head and shoulders on
that, you have a head and shoulders on the 1 hour time frame. break and
the 1 hour time frame. break and retesting that neckline, rejecting the
retesting that neckline, rejecting the EMA, and then your entry signal, which
EMA, and then your entry signal, which is the bearish engulfing candlestick on
is the bearish engulfing candlestick on the 1 hour. What else do you need for it
the 1 hour. What else do you need for it to make more sense to buy? Now, don't
to make more sense to buy? Now, don't get me wrong, there's going to be times
get me wrong, there's going to be times where you're going to have 10
where you're going to have 10 confluences make sense on your trade and
confluences make sense on your trade and then guess what's going to happen? The
then guess what's going to happen? The trade will go in the opposite direction.
trade will go in the opposite direction. There's no guarantee at any given point
There's no guarantee at any given point that the trade is going to always win.
that the trade is going to always win. No, but it just makes more logical
No, but it just makes more logical sense. That's why I tell people all the
sense. That's why I tell people all the time, I think trading is the the
time, I think trading is the the ultimate hack to making money online
ultimate hack to making money online because I just think you can literally
because I just think you can literally predict the future by just having the
predict the future by just having the most amount of reasons on why it's going
most amount of reasons on why it's going to go in one direction versus the other.
to go in one direction versus the other. The best analogy that I can put with
The best analogy that I can put with that, it's almost like if you're going
that, it's almost like if you're going to go out there and go fishing, right?
to go out there and go fishing, right? Now, let's say you're going to go out
Now, let's say you're going to go out there and go fishing and you know
there and go fishing and you know historically when the waters are calm,
historically when the waters are calm, when there is a very bright sunny day,
when there is a very bright sunny day, no clouds, and you're the only person
no clouds, and you're the only person out there fishing and the tide is low,
out there fishing and the tide is low, for example. I'm not a fisherman, right?
for example. I'm not a fisherman, right? I'm just making stuff up right now. And
I'm just making stuff up right now. And the tide is low that the fish have
the tide is low that the fish have nothing else to do but eat and they're
nothing else to do but eat and they're going to be looking for food. What if I
going to be looking for food. What if I told you that you can literally go, you
told you that you can literally go, you can literally just sit by the dock and
can literally just sit by the dock and wait for the weather conditions to give
wait for the weather conditions to give you that perfect condition and then you
you that perfect condition and then you go out and fish at those times? Why are
go out and fish at those times? Why are you going to go out and fish when it's
you going to go out and fish when it's cloudy, when there's a hundred other
cloudy, when there's a hundred other boats out there and when it's late at
boats out there and when it's late at night or late in the afternoon when
night or late in the afternoon when there's already been a feast? You won't
there's already been a feast? You won't do it. It simply doesn't make sense.
do it. It simply doesn't make sense. You're going to go out there when it
You're going to go out there when it makes sense, when you have all the
makes sense, when you have all the proper conditions for you to go out
proper conditions for you to go out there and actually go and fish. This
there and actually go and fish. This right here is you literally creating
right here is you literally creating your condition. You're just sitting on
your condition. You're just sitting on the sideline, sitting here on the desk,
the sideline, sitting here on the desk, and you're going to wait for the market
and you're going to wait for the market to give you that perfect entry signal
to give you that perfect entry signal for you to enter the trade. You're not
for you to enter the trade. You're not going to just enter any trade
going to just enter any trade impulsively just because you have the
impulsively just because you have the opportunity to do that. Yes, can you
opportunity to do that. Yes, can you just get on your boat at whatever point
just get on your boat at whatever point you want and go out there and fish? Yes,
you want and go out there and fish? Yes, you could do that. But you're going to
you could do that. But you're going to waste fuel. You're going to waste time,
waste fuel. You're going to waste time, waste bait, and then most importantly,
waste bait, and then most importantly, waste your own mental sanity because you
waste your own mental sanity because you just want to go fish whenever you want.
just want to go fish whenever you want. And can you get lucky and catch one or
And can you get lucky and catch one or two fish? Sure. But that's not how
two fish? Sure. But that's not how you're going to sustainably catch a [ __ ]
you're going to sustainably catch a [ __ ] ton of fish and make your family happy
ton of fish and make your family happy and bring food to the house. You're
and bring food to the house. You're going to do that when you go do it at
going to do that when you go do it at the effective times where you're going
the effective times where you're going to be able to optimize and grow the most
to be able to optimize and grow the most and be able to actually do it the most.
and be able to actually do it the most. And that's exactly what confluence
And that's exactly what confluence trading is. You're building the most
trading is. You're building the most amount of reasons on why the trade
amount of reasons on why the trade should go in one direction versus the
should go in one direction versus the other. And it's all a checklist, right?
other. And it's all a checklist, right? So, for example, you can build your own
So, for example, you can build your own custom checklist. You can build a
custom checklist. You can build a checklist, for example, just off of the
checklist, for example, just off of the confluences that I have told you. The
confluences that I have told you. The first one could be trend. The second one
first one could be trend. The second one could be area of interest. The third one
could be area of interest. The third one could be entry. And then lastly, you can
could be entry. And then lastly, you can have patterns. Right? So when you go
have patterns. Right? So when you go analyze a trade, you say, "Okay, we have
analyze a trade, you say, "Okay, we have the weekly and then the daily in our
the weekly and then the daily in our favor." All right, cool. That right
favor." All right, cool. That right there, we have a double check. We have
there, we have a double check. We have two trends in our favor, right? So we
two trends in our favor, right? So we have the weekly and the daily in our
have the weekly and the daily in our favor. Are we at a weekly or at a daily
favor. Are we at a weekly or at a daily area of interest? Well, right now we're
area of interest? Well, right now we're in neither. Okay, so you don't take a
in neither. Okay, so you don't take a trade if you're not at the area of
trade if you're not at the area of interest. You simply wait. Okay, cool.
interest. You simply wait. Okay, cool. Now we're at the area of interest. Bet.
Now we're at the area of interest. Bet. We check that off the list. Now that
We check that off the list. Now that that we're at the area of interest, do
that we're at the area of interest, do we just jump right into the trade? No.
we just jump right into the trade? No. You need your entry signal. Or you could
You need your entry signal. Or you could jump into the trade right if you want
jump into the trade right if you want to. But the beauty of the entry
to. But the beauty of the entry checklist and the trading plan is that
checklist and the trading plan is that you know exactly the type of trade that
you know exactly the type of trade that you are taking. You're aware of the
you are taking. You're aware of the decisions that you're making. you're not
decisions that you're making. you're not blind to it anymore. You know that you
blind to it anymore. You know that you need these four confirmations for you to
need these four confirmations for you to take the trade. Now, I have my own
take the trade. Now, I have my own custom plan and I teach this to my
custom plan and I teach this to my students literally every single week
students literally every single week live and I mention them and I review the
live and I mention them and I review the trades and stuff, but it's a very
trades and stuff, but it's a very in-depth checklist that I have and I
in-depth checklist that I have and I would literally lose you guys at this
would literally lose you guys at this point right now if I were to show it to
point right now if I were to show it to you guys. Like, I literally have it
you guys. Like, I literally have it right here. It's like my perfect
right here. It's like my perfect checklist. If I were to show you guys
checklist. If I were to show you guys that right now, you're going to be like,
that right now, you're going to be like, "What the fuck?" cuz if you guys are
"What the fuck?" cuz if you guys are like already wow about certain stuff, I
like already wow about certain stuff, I don't even I don't even think you guys
don't even I don't even think you guys are ready for this checklist. But it it
are ready for this checklist. But it it is consisted of this core base right
is consisted of this core base right here. If a market is at a trend and you
here. If a market is at a trend and you actually have trending markets, that's
actually have trending markets, that's already a plus. If you have a solid area
already a plus. If you have a solid area of interest and you're at an area of
of interest and you're at an area of interest, that's already a plus. Now,
interest, that's already a plus. Now, you need lastly your entry confirmation.
you need lastly your entry confirmation. Your entry confirmation can be on the
Your entry confirmation can be on the lower time frames or the higher time
lower time frames or the higher time frames depending the type of trade that
frames depending the type of trade that you want to take. And then on top of
you want to take. And then on top of that, you have either a very clean
that, you have either a very clean resistance area with a very clean area
resistance area with a very clean area of interest as a resistance. We have
of interest as a resistance. We have broken out of this area. Now we're
broken out of this area. Now we're retesting it. They have a trend
retesting it. They have a trend continuation pattern. Cool. You have a
continuation pattern. Cool. You have a break and retest. Or let's say that you
break and retest. Or let's say that you are having this retest of this neckline
are having this retest of this neckline and you're selling at this area of
and you're selling at this area of interest. That area of interest also
interest. That area of interest also happens to be the area of interest of
happens to be the area of interest of the neckline of the head and shoulders.
the neckline of the head and shoulders. Boom. You have another confluence. This
Boom. You have another confluence. This is all about building the perfect trade.
is all about building the perfect trade. These are the checklists that you need
These are the checklists that you need to go through in order for you to build
to go through in order for you to build that perfect trade. Does every single
that perfect trade. Does every single trade need to have every single one of
trade need to have every single one of these checked off for it to be the
these checked off for it to be the lowest risk possible trade? Yes. Does
lowest risk possible trade? Yes. Does the every single trade that you take
the every single trade that you take need to have every single one of these
need to have every single one of these checked off for you to take the trade?
checked off for you to take the trade? No. And that right there, ladies and
No. And that right there, ladies and gentlemen, is the problem with traders
gentlemen, is the problem with traders nowadays. Since you don't have to
nowadays. Since you don't have to mandatory check in somewhere or check in
mandatory check in somewhere or check in with yourself that this is met, you're
with yourself that this is met, you're simply just taking a trade to take a
simply just taking a trade to take a trade and you're just entering a market
trade and you're just entering a market to enter a market with no real plan.
to enter a market with no real plan. That is the problem with trading
That is the problem with trading nowadays and traders. They're entering a
nowadays and traders. They're entering a trade without knowing where or why
trade without knowing where or why they're entering it. And they don't have
they're entering it. And they don't have any form of verification to confirm what
any form of verification to confirm what they're doing is correct. This right
they're doing is correct. This right here is the correct thing. This is just
here is the correct thing. This is just a very simple plan. You're trading with
a very simple plan. You're trading with the trend. You're buying or selling at a
the trend. You're buying or selling at a strong area of interest. And then you
strong area of interest. And then you have your entry confirmation. That right
have your entry confirmation. That right there is such a simple trading strategy.
there is such a simple trading strategy. And I can agree with any trader out
And I can agree with any trader out there, whether they are any type of
there, whether they are any type of concept trader that they would agree
concept trader that they would agree with this right here. Even if we don't
with this right here. Even if we don't see it eye to eye on our personal
see it eye to eye on our personal strategies, which is like how you
strategies, which is like how you actually optimize and get sniper
actually optimize and get sniper entries. Every strategy is built off of
entries. Every strategy is built off of this foundation right here. There's no
this foundation right here. There's no way. It's simp there's just no way. It's
way. It's simp there's just no way. It's not like an engine is just built of an
not like an engine is just built of an engine block off of a transmission and
engine block off of a transmission and off of a cooling system. Whether it's
off of a cooling system. Whether it's going to be Corvette, Mustang, Nissan,
going to be Corvette, Mustang, Nissan, Toyota, uh, Infiniti, Lamborghini,
Toyota, uh, Infiniti, Lamborghini, Bugatti, Ferrari, it's all going to
Bugatti, Ferrari, it's all going to consist of the same thing. Engine,
consist of the same thing. Engine, transmission, clutch, and cooling
transmission, clutch, and cooling system. All cars are going to have that
system. All cars are going to have that no matter what. Now, some cars are going
no matter what. Now, some cars are going to have better performing parts, but
to have better performing parts, but it's going to have the same function.
it's going to have the same function. And that is exactly what this is right
And that is exactly what this is right here. Some strategies are going to have
here. Some strategies are going to have different ways on how to use the trend,
different ways on how to use the trend, different ways on how to use the area of
different ways on how to use the area of interest, different ways on how to use
interest, different ways on how to use the entries or patterns, but it's all
the entries or patterns, but it's all going to be off of the same exact thing,
going to be off of the same exact thing, this core foundation of this trading
this core foundation of this trading plan right here. And if you don't have
plan right here. And if you don't have this plan right here checked off, you
this plan right here checked off, you should not take the trade. The trade is
should not take the trade. The trade is going to be a high-risk trade. High risk
going to be a high-risk trade. High risk does not mean high reward. Having all of
does not mean high reward. Having all of these checked off will mean you have a
these checked off will mean you have a lowrisk trade which in turn means you
lowrisk trade which in turn means you should risk more and then there you have
should risk more and then there you have a high reward. Confluence trading has
a high reward. Confluence trading has completely changed my way of trading in
completely changed my way of trading in the markets. Has changed my life to be
the markets. Has changed my life to be completely honest because I actually
completely honest because I actually know exactly what I'm doing every single
know exactly what I'm doing every single time when I go execute a trade. And just
time when I go execute a trade. And just based off of this simple video here
based off of this simple video here today, you guys should be able to go
today, you guys should be able to go ahead and just use this basic foundation
ahead and just use this basic foundation successfully. and actually be able to
successfully. and actually be able to see a difference in your trading. This
see a difference in your trading. This right here is the game changer
right here is the game changer personally for me and for all of the
personally for me and for all of the students every single week in the
students every single week in the markets. Now, you might want to see me
markets. Now, you might want to see me actually break down this confluence
actually break down this confluence trading on an actual market. Like, you
trading on an actual market. Like, you might want to see me actually break this
might want to see me actually break this down in real time and put it to
down in real time and put it to practice. Now, I'm going to be doing
practice. Now, I'm going to be doing that with you guys now on a trade that I
that with you guys now on a trade that I actually took and it made me $340,000
actually took and it made me $340,000 or something like that. And that trade
or something like that. And that trade that I break down is a bit advanced and
that I break down is a bit advanced and I am going to say some of the terms that
I am going to say some of the terms that you might not understand just yet. But
you might not understand just yet. But what I want you guys to do is pay
what I want you guys to do is pay attention to the core things. Trend,
attention to the core things. Trend, area of interest, and entry signal. So
area of interest, and entry signal. So now, if you guys don't understand that
now, if you guys don't understand that just yet, once again, this video is not
just yet, once again, this video is not going to go anywhere. I think it's best
going to go anywhere. I think it's best if you just pause right now and go back
if you just pause right now and go back and watch and make sure that you learn
and watch and make sure that you learn those things properly. So once you watch
those things properly. So once you watch me actually break this trade down live
me actually break this trade down live and me executing in real time and seeing
and me executing in real time and seeing the outcome of the trade, you guys can
the outcome of the trade, you guys can have that, oh, okay, now I understand
have that, oh, okay, now I understand and I get that. So me breaking down this
and I get that. So me breaking down this trade in real life, I show you guys
trade in real life, I show you guys exactly where I was looking to enter, my
exactly where I was looking to enter, my thought process behind it, and a little
thought process behind it, and a little bit of a raw version of how I trade by
bit of a raw version of how I trade by myself when it's either in New York
myself when it's either in New York session or London session and how I
session or London session and how I approach the market. So I'm going to
approach the market. So I'm going to break this trade down for you guys right
break this trade down for you guys right now in real time. Let me show you guys
now in real time. Let me show you guys how this goes down. All right, good
how this goes down. All right, good morning ladies and gentlemen. We got
morning ladies and gentlemen. We got another interesting week ahead of us.
another interesting week ahead of us. NZDUSD right now the daily time frame.
NZDUSD right now the daily time frame. We're extremely bearish. This is the
We're extremely bearish. This is the lower high. This is the lower low. And
lower high. This is the lower low. And as of right now, this is bearish because
as of right now, this is bearish because of this lower high and this lower low.
of this lower high and this lower low. Not this lower high or this lower low.
Not this lower high or this lower low. This is actually just a very strong
This is actually just a very strong bearish confirmation within the lower
bearish confirmation within the lower high and the lower low. We rejected this
high and the lower low. We rejected this area of interest very strongly and very
area of interest very strongly and very nicely along with the EMA. Now we are
nicely along with the EMA. Now we are potentially almost creating like a right
potentially almost creating like a right shoulder, literally a right shoulder to
shoulder, literally a right shoulder to reject under this previous structure
reject under this previous structure level. How we've done here in the past,
level. How we've done here in the past, we've literally broken through this
we've literally broken through this area, retested it, and then sold off.
area, retested it, and then sold off. That's exactly what I'm anticipating to
That's exactly what I'm anticipating to happen here. The 4hour time frame, we're
happen here. The 4hour time frame, we're having a very clean 4hour head and
having a very clean 4hour head and shoulders. The 4hour is bearish. This is
shoulders. The 4hour is bearish. This is the lower high. This is the lower low.
the lower high. This is the lower low. This is just to pull back into the area
This is just to pull back into the area of interest and reject the area of
of interest and reject the area of interest along with the EMA we've done
interest along with the EMA we've done here. Now, we got to be on the lookout
here. Now, we got to be on the lookout because we did this last time. Literally
because we did this last time. Literally broke below, retested and had the
broke below, retested and had the engulfing and we didn't. So, so this
engulfing and we didn't. So, so this area is not as respected as you would
area is not as respected as you would expect. You see here, we broke below
expect. You see here, we broke below once. We came back through and we just
once. We came back through and we just completely violated and we didn't
completely violated and we didn't respect it. We did it here once again
respect it. We did it here once again and we've done it here multiple times.
and we've done it here multiple times. Just because you have a rejection from
Just because you have a rejection from this area doesn't mean that it's ready
this area doesn't mean that it's ready to enter. So, I'm going to wait for a
to enter. So, I'm going to wait for a bit more confirmation, and I want the
bit more confirmation, and I want the market to show me its hand first by
market to show me its hand first by having a bit more of a push down, even
having a bit more of a push down, even if I get a little bit of a worse entry.
if I get a little bit of a worse entry. That's fine. All I got to do is just
That's fine. All I got to do is just make sure that my risk-to-reward makes
make sure that my risk-to-reward makes sense. And then my stop loss anywhere
sense. And then my stop loss anywhere from 10 to 15 pips above this wick over
from 10 to 15 pips above this wick over here. So, this is 13 pips right here. I
here. So, this is 13 pips right here. I have to put it around 20 23 pips. And
have to put it around 20 23 pips. And then my takerit, I'm going to aim for it
then my takerit, I'm going to aim for it to be somewhere around here in the lows
to be somewhere around here in the lows for a quick one to two. So, that's
for a quick one to two. So, that's NZDUSD. We have Euro GBP which we have
NZDUSD. We have Euro GBP which we have been waiting for this trade to come back
been waiting for this trade to come back up into this area of interest for us to
up into this area of interest for us to sell. Price has not come back up into
sell. Price has not come back up into this area of interest. As of right now,
this area of interest. As of right now, we're kind of just waiting for the
we're kind of just waiting for the market to do that. As of right now,
market to do that. As of right now, we're literally just setting and
we're literally just setting and forgetting until that happens. USD CAD
forgetting until that happens. USD CAD waiting for this to make it back into
waiting for this to make it back into this area of interest. We actually took
this area of interest. We actually took this trade last week. We got wicked out
this trade last week. We got wicked out and it went into some profit. Um but not
and it went into some profit. Um but not our final take profit. We're going to
our final take profit. We're going to wait for it to come back and potentially
wait for it to come back and potentially retest this area of interest to then
retest this area of interest to then buy. It's a very clean trade along with
buy. It's a very clean trade along with very strong bullish moves. And ND CAD is
very strong bullish moves. And ND CAD is probably one of my favorite by far. And
probably one of my favorite by far. And as of right now, we are creating the
as of right now, we are creating the perfect left head, right shoulder.
perfect left head, right shoulder. And I am seeing that this is the
And I am seeing that this is the potential perfect area for it to have
potential perfect area for it to have the break of the neckline of the head
the break of the neckline of the head and shoulders to then have the retest
and shoulders to then have the retest and sell. So, I'm not going to do
and sell. So, I'm not going to do anything until we don't have that break
anything until we don't have that break and retest confirmation in order for us
and retest confirmation in order for us to sell of this neckline of the head and
to sell of this neckline of the head and shoulders and your JPY not that
shoulders and your JPY not that interested right now. So, keep your eye
interested right now. So, keep your eye keep you guys updated and we'll come
keep you guys updated and we'll come back in a couple of hours. All right,
back in a couple of hours. All right, boys. Market update. So, this is how
boys. Market update. So, this is how we're looking on NZDUSD. Beautiful push
we're looking on NZDUSD. Beautiful push confirmation from the area exactly how
confirmation from the area exactly how we explained it. Sucks a little bit
we explained it. Sucks a little bit because I got a worse entry than I
because I got a worse entry than I wanted to. I knew I should have waited
wanted to. I knew I should have waited for this wick pullback. So, I told you
for this wick pullback. So, I told you guys as soon as we had this 4hour
guys as soon as we had this 4hour bearish candlestick engulfing, evening
bearish candlestick engulfing, evening star formation rejection from the EMA
star formation rejection from the EMA and this area of interest that I want to
and this area of interest that I want to wait for the market to show me its hand
wait for the market to show me its hand first. That's what it did. So, we had
first. That's what it did. So, we had the continuation push. So, then here I
the continuation push. So, then here I went I entered on off of this. I
went I entered on off of this. I probably have worse entries because of
probably have worse entries because of like spread, but I always like to base
like spread, but I always like to base it off of Trading View. So, I was going
it off of Trading View. So, I was going to wait for this wick retracement, but I
to wait for this wick retracement, but I didn't. So, I just entered off of this
didn't. So, I just entered off of this confirmation here. And I mean, it is
confirmation here. And I mean, it is what it is, right? Not the best entry
what it is, right? Not the best entry that I wanted to have, but all I really
that I wanted to have, but all I really care about is overall direction. If this
care about is overall direction. If this 4hour candlestick closes below the
4hour candlestick closes below the structure point, I then anticipate for
structure point, I then anticipate for it to have a small retracement and then
it to have a small retracement and then continue pushing to the downside. But it
continue pushing to the downside. But it is a very, very clean trade as of right
is a very, very clean trade as of right now. The daily closes like this, we have
now. The daily closes like this, we have very strong push to the downside as
very strong push to the downside as well. 4hour time frame just very solid.
well. 4hour time frame just very solid. Everything just looks very clean. So,
Everything just looks very clean. So, moving very nicely.
moving very nicely. Euro GBP, we're on our way to the area
Euro GBP, we're on our way to the area of interest. USD CAD had a reaction from
of interest. USD CAD had a reaction from this area. Don't don't really care about
this area. Don't don't really care about this one. NZD CAD still waiting for the
this one. NZD CAD still waiting for the break and retest below. And Euro JPY,
break and retest below. And Euro JPY, nothing. So, NZDUSD for now. We're going
nothing. So, NZDUSD for now. We're going to set and forget. So, put a little
to set and forget. So, put a little marker just so we know exactly where we
marker just so we know exactly where we last did our previous update. So, check
last did our previous update. So, check back in in a couple hours. That, by the
back in in a couple hours. That, by the way, that was only like an hour ago.
way, that was only like an hour ago. Well, this is why you have to [ __ ]
Well, this is why you have to [ __ ] set and [ __ ] forget. The last time we
set and [ __ ] forget. The last time we did an update, it was here. It's having
did an update, it was here. It's having the retracement seems to be on the 30
the retracement seems to be on the 30 minute time frame. So, 30-minut time
minute time frame. So, 30-minut time frame looks like it's going to create
frame looks like it's going to create this very clean lower high, which
this very clean lower high, which honestly, it's even better. I would much
honestly, it's even better. I would much rather for this to close with a strong
rather for this to close with a strong dogee like this and people be like,
dogee like this and people be like, "Wait, why doesn't that mean that it's
"Wait, why doesn't that mean that it's rejecting it?" Not necessarily. That
rejecting it?" Not necessarily. That means that the lower time frames are
means that the lower time frames are creating that structured pullback and
creating that structured pullback and then the next candlestick on the higher
then the next candlestick on the higher time frame will fill. So, it's going to
time frame will fill. So, it's going to be more of an aggressive push in that
be more of an aggressive push in that direction. But a little bit of a red
direction. But a little bit of a red flag. Last time that we were here, we
flag. Last time that we were here, we did the exact same break, retest, very
did the exact same break, retest, very strong bearish engulfing, and then guess
strong bearish engulfing, and then guess what happened? We completely reversed.
what happened? We completely reversed. So, there's a probability of that
So, there's a probability of that happening here because last time we came
happening here because last time we came here and rejected, we reversed. We
here and rejected, we reversed. We rejected. We reversed. Now, you know
rejected. We reversed. Now, you know what they say, third times a charm. I'm
what they say, third times a charm. I'm not saying that's what's going to happen
not saying that's what's going to happen here, but you know, I'm going to, you
here, but you know, I'm going to, you know, see what goes down. All we got to
know, see what goes down. All we got to do is just set and forget. Whenever I
do is just set and forget. Whenever I enter a trade, I commit to the trade. I
enter a trade, I commit to the trade. I don't ever ever ever
don't ever ever ever enter a trade and then get out of it
enter a trade and then get out of it before either hitting my stop-loss or my
before either hitting my stop-loss or my takerit. Very rarely. There's obviously
takerit. Very rarely. There's obviously a 2 3% chance. I mean, one out of every
a 2 3% chance. I mean, one out of every 20 trades that I do that, but it's not
20 trades that I do that, but it's not what I like to do. Whenever I enter a
what I like to do. Whenever I enter a trade, I made a decision that my mind is
trade, I made a decision that my mind is 100% convinced that this trade is going
100% convinced that this trade is going to go in one direction versus the other.
to go in one direction versus the other. I've done all of the proper top down
I've done all of the proper top down analysis. I have done absolutely
analysis. I have done absolutely everything that I need to feel
everything that I need to feel comfortable risking $100,000 behind this
comfortable risking $100,000 behind this trade. When I entered this trade, I was
trade. When I entered this trade, I was on a nonchalant approach and the
on a nonchalant approach and the decision the decision that I made was
decision the decision that I made was based off of probability and my strategy
based off of probability and my strategy being made. Now, as soon as you click
being made. Now, as soon as you click that buy and sell button, you start
that buy and sell button, you start thinking different cuz now you're like
thinking different cuz now you're like now now it's now it's real. Now the
now now it's now it's real. Now the money can actually get lost. You saw
money can actually get lost. You saw some profits, now you saw some red. And
some profits, now you saw some red. And then your mind starts to change. And I
then your mind starts to change. And I don't let that affect my decision at the
don't let that affect my decision at the point when I took the trade because I
point when I took the trade because I trust myself. I know when I take the
trust myself. I know when I take the trade, I know what state of mind I was
trade, I know what state of mind I was in to take it. I know that I did the
in to take it. I know that I did the proper analysis to go ahead and execute
proper analysis to go ahead and execute that trade to the best of my ability.
that trade to the best of my ability. So, there is no reason why I should [ __ ]
So, there is no reason why I should [ __ ] with the trade if it doesn't hit my
with the trade if it doesn't hit my stop-loss or it doesn't hit my takerit.
stop-loss or it doesn't hit my takerit. If you do, then you simply weren't ready
If you do, then you simply weren't ready to go ahead and execute that trade when
to go ahead and execute that trade when you did. So, for me, we're just going to
you did. So, for me, we're just going to keep setting and forgetting. So, we'll
keep setting and forgetting. So, we'll update you guys in a little bit. All
update you guys in a little bit. All right. Good morning, ladies and
right. Good morning, ladies and gentlemen. In market update right now we
gentlemen. In market update right now we are a little bit in profit in our NZDUSD
are a little bit in profit in our NZDUSD trade. So we literally had the exact
trade. So we literally had the exact retracement exactly how I anticipated.
retracement exactly how I anticipated. We rejected from this high creating that
We rejected from this high creating that right shoulder exactly how I anticipated
right shoulder exactly how I anticipated it. Beautiful daily bearish push to the
it. Beautiful daily bearish push to the downside. It's like a left head right
downside. It's like a left head right shoulder and then there's a left head
shoulder and then there's a left head right shoulder within the right
right shoulder within the right shoulder. I love that. So so far it's
shoulder. I love that. So so far it's moving pretty decent. I would love if
moving pretty decent. I would love if this daily time frame can close with a
this daily time frame can close with a very strong bearish candlestick. We have
very strong bearish candlestick. We have about six hours left in this
about six hours left in this candlestick. So, let's see how that
candlestick. So, let's see how that does. The 4our time frame is still
does. The 4our time frame is still needing to break below this structure
needing to break below this structure point to give us that confirmation that
point to give us that confirmation that we're going to have the push to the
we're going to have the push to the downside. So, I'm going to put my alarm
downside. So, I'm going to put my alarm down here to let me know once and if we
down here to let me know once and if we actually decide to do that. And on the 1
actually decide to do that. And on the 1 hour is looking pretty decent because
hour is looking pretty decent because this is the 1 hour lower high over here.
this is the 1 hour lower high over here. This is the 1 hour lower low. And same
This is the 1 hour lower low. And same exact thing. If the 4hour body closes
exact thing. If the 4hour body closes below this, we create a new 1 hour lower
below this, we create a new 1 hour lower low and it's just going to be all
low and it's just going to be all bearish to the downside from this point.
bearish to the downside from this point. It pretty much should just be a just
It pretty much should just be a just free just a free run to take profit
free just a free run to take profit zone. I should have I wish I would have
zone. I should have I wish I would have had a higher TP with a better
had a higher TP with a better risk-to-reward because I could see it
risk-to-reward because I could see it reacting above this area, not making it
reacting above this area, not making it all the way to my takerit. But let's see
all the way to my takerit. But let's see how that goes. Euro GBP just made it to
how that goes. Euro GBP just made it to the area of interest. We just got the
the area of interest. We just got the alarm. So, I'm going to be waiting for
alarm. So, I'm going to be waiting for some entry signals to enter around this
some entry signals to enter around this area. Some decent break like bearish
area. Some decent break like bearish engulfing candlesticks like this. Like
engulfing candlesticks like this. Like this. I'm going to be interested in
this. I'm going to be interested in selling here. USD CAD. Wow. Wow. Wow.
selling here. USD CAD. Wow. Wow. Wow. Wow. Wow. Yeah, we got [ __ ] didd it
Wow. Wow. Yeah, we got [ __ ] didd it over here, dude. Look at this [ __ ]
over here, dude. Look at this [ __ ] Literally wake us out by three pips and
Literally wake us out by three pips and now fly fly take profit for a one to
now fly fly take profit for a one to four. You can't make this [ __ ] up, bro.
four. You can't make this [ __ ] up, bro. It is what it is.
It is what it is. NZDC CAD right now is perfectly cooking
NZDC CAD right now is perfectly cooking up the perfect left head right shoulder
up the perfect left head right shoulder having that bearish engulfing
having that bearish engulfing candlestick right now from this area and
candlestick right now from this area and now it's just having a reaction above
now it's just having a reaction above this area of interest. Ever since the
this area of interest. Ever since the markets traded from Biden to Trump what
markets traded from Biden to Trump what I've realized is that the markets are
I've realized is that the markets are just not respecting the head and
just not respecting the head and shoulders at the right shoulder as it
shoulders at the right shoulder as it should before. As soon as you get that
should before. As soon as you get that right shoulder to form, I would sell off
right shoulder to form, I would sell off of that right shoulder and anticipate
of that right shoulder and anticipate the break of the neckline. Now I can't
the break of the neckline. Now I can't do that. I gotta wait for the break and
do that. I gotta wait for the break and retest because this doesn't respect it
retest because this doesn't respect it the same as before. So, I'm waiting for
the same as before. So, I'm waiting for that extra confirmation. It's what you
that extra confirmation. It's what you should do actually, but before I was
should do actually, but before I was just more of a DGEN trader and I would
just more of a DGEN trader and I would just take it right at that right
just take it right at that right shoulder and if I would have taken it
shoulder and if I would have taken it here, I would be in some draw down. But
here, I would be in some draw down. But the right thing to do is at the break of
the right thing to do is at the break of that neckline. So, let's wait for that
that neckline. So, let's wait for that to cook up and uh euro JP JPY nothing.
to cook up and uh euro JP JPY nothing. So, let's just keep setting and
So, let's just keep setting and forgetting. NZD
forgetting. NZD USD. We'll check back in in a couple
USD. We'll check back in in a couple hours. All right. All right. All right.
hours. All right. All right. All right. A little update. A little update. A
A little update. A little update. A little update. Hello. Hello. Oh, no. No.
little update. Hello. Hello. Oh, no. No. Tell me. I I hope I'm [ __ ] up. All
Tell me. I I hope I'm [ __ ] up. All right. So, market update. We are up
right. So, market update. We are up around
around $88,000 right now. So, this is our trade
$88,000 right now. So, this is our trade right here. You can see we're up 88
right here. You can see we're up 88 grand.
grand. It's funny because my screen is still
It's funny because my screen is still broken and I'm up 100 grand on this one
broken and I'm up 100 grand on this one trade right here. So, definitely broke
trade right here. So, definitely broke below this structure point right here.
below this structure point right here. We're moving very nicely. Having a very
We're moving very nicely. Having a very clean push to the downside and uh yeah,
clean push to the downside and uh yeah, I [ __ ] forget. That's pretty much it.
I [ __ ] forget. That's pretty much it. This market hasn't rejected as much as I
This market hasn't rejected as much as I want to. This is just absolutely
want to. This is just absolutely ridiculous. And NZDUSD is having a break
ridiculous. And NZDUSD is having a break and retest. So, we're going to wait for
and retest. So, we're going to wait for that.
that. So, for now, let's see how the daily
So, for now, let's see how the daily closes and we'll come back. We'll update
closes and we'll come back. We'll update you guys. It's very strong movement. So,
you guys. It's very strong movement. So, let's wait. All right, boys. Little bit
let's wait. All right, boys. Little bit of a market update. So, I spent pretty
of a market update. So, I spent pretty much all day just in meetings. Worked
much all day just in meetings. Worked out a little bit. And this is how the
out a little bit. And this is how the market's looking right now. So, very
market's looking right now. So, very clean continuation push to the downside.
clean continuation push to the downside. We have stopped at this very strong
We have stopped at this very strong level of support. Exactly how we
level of support. Exactly how we anticipated. Right now, we are up a
anticipated. Right now, we are up a solid,
solid, let me show you guys this. Right now, we
let me show you guys this. Right now, we are up about $123,000.
are up about $123,000. Oh, you guys cannot see that. We're up
Oh, you guys cannot see that. We're up $124,000
$124,000 as of right now on NZD/USD. I'm not
as of right now on NZD/USD. I'm not going to lie, I went a little bit low
going to lie, I went a little bit low risk like a [ __ ] [ __ ] I should have
risk like a [ __ ] [ __ ] I should have gone a bit more high risk. And
gone a bit more high risk. And it is what it is. Usually I risk
it is what it is. Usually I risk anywhere from like 100 to 150 on this
anywhere from like 100 to 150 on this trade. I went around like 70 60 75
trade. I went around like 70 60 75 and I like that the fact that they had
and I like that the fact that they had this strong bearish engulfing
this strong bearish engulfing candlestick but clearly that doesn't
candlestick but clearly that doesn't really mean much when price reaches this
really mean much when price reaches this area because you know you can have a
area because you know you can have a strong rejection from this level plus a
strong rejection from this level plus a strong bearish engulfing candlestick and
strong bearish engulfing candlestick and then the next move just be a massive
then the next move just be a massive push up and this market was bearish when
push up and this market was bearish when it did this move here. Same exact thing
it did this move here. Same exact thing here. You could have a bro I'm talking
here. You could have a bro I'm talking about this astronomical bearish pinball
about this astronomical bearish pinball rejection from this area reach this
rejection from this area reach this point and then have a push up. Same
point and then have a push up. Same thing here. Very strong bearish
thing here. Very strong bearish candlestick into this area then have a
candlestick into this area then have a push up. So exact same thing bear push
push up. So exact same thing bear push up and you so like it's a pattern that
up and you so like it's a pattern that has happened here. I personally believe
has happened here. I personally believe that this is the move that will break
that this is the move that will break through that. And if this is the move
through that. And if this is the move that breaks through that,
that breaks through that, boys, we're we're talking about massive
boys, we're we're talking about massive downside potential from from this here.
downside potential from from this here. Like, this is literally going to be
Like, this is literally going to be massive.
Is it worth the risk? I I don't know because I I got to be realistic with
because I I got to be realistic with myself, right? Because here we have a
myself, right? Because here we have a massive left head, right shoulder. We
massive left head, right shoulder. We broke, we retested the neckline. Like I
broke, we retested the neckline. Like I see this having a just continuation push
see this having a just continuation push to the downside. But I don't know if
to the downside. But I don't know if it'll happen this week. Maybe it'll I
it'll happen this week. Maybe it'll I mean it is only Tuesday. We still have a
mean it is only Tuesday. We still have a whole entire week ahead of us. What I do
whole entire week ahead of us. What I do know is this. If it does have the
know is this. If it does have the breakthrough this area, obviously we're
breakthrough this area, obviously we're going to catch much more risk-to-reward.
going to catch much more risk-to-reward. Let's say we're up a one to three,
Let's say we're up a one to three, right? One to four, right? Which is
right? One to four, right? Which is awesome. But I do know that if it does
awesome. But I do know that if it does have that very strong weekly bearish
have that very strong weekly bearish engulfing candlestick, we can have a
engulfing candlestick, we can have a pretty big retracement to then sell.
pretty big retracement to then sell. Exactly how we did here. Very strong
Exactly how we did here. Very strong break through this area. Then we come
break through this area. Then we come back, retest, and then we sell. Like I'm
back, retest, and then we sell. Like I'm not too concerned about missing out on
not too concerned about missing out on money on this trade because I know it'll
money on this trade because I know it'll make it. If it's not now, it'll make it
make it. If it's not now, it'll make it down here. So like, let's say I close
down here. So like, let's say I close right here and then it does end up
right here and then it does end up having the full push. Would it suck?
having the full push. Would it suck? Yes, obviously. because I missed out
Yes, obviously. because I missed out essentially on free money. But I could
essentially on free money. But I could very easily catch these cells once it
very easily catch these cells once it does have that pullback. The pullback of
does have that pullback. The pullback of that happening is very high. Uh I'm just
that happening is very high. Uh I'm just going to keep my eye on it right now.
going to keep my eye on it right now. I'm very confident on my analysis. I
I'm very confident on my analysis. I don't like that we are at this level and
don't like that we are at this level and previously it's obviously reacted from
previously it's obviously reacted from it. I'm just going to keep my eye on it.
it. I'm just going to keep my eye on it. If right now on the 30 minute time frame
If right now on the 30 minute time frame we break above this structure point
we break above this structure point right here, I'm probably just going to
right here, I'm probably just going to get out of it there and just call it a
get out of it there and just call it a trade and just not even look back. And
trade and just not even look back. And if it does somehow pull back up into
if it does somehow pull back up into this area, then I'm just going to be
this area, then I'm just going to be looking to enter new positions on it to
looking to enter new positions on it to sell. But yeah, if it breaks above that
sell. But yeah, if it breaks above that structure point, I'm just going to take
structure point, I'm just going to take my profits and run. If it keeps going
my profits and run. If it keeps going down, I'm going to keep holding. So, I'm
down, I'm going to keep holding. So, I'm going to keep monitoring this trade live
going to keep monitoring this trade live as it goes because this is a this can be
as it goes because this is a this can be a really really really big banger trade.
a really really really big banger trade. So, I want to make sure that I'm on the
So, I want to make sure that I'm on the lookout for it. Euro GBP on the other
lookout for it. Euro GBP on the other hand right now, the daily time frame has
hand right now, the daily time frame has had a very clean rejection from this
had a very clean rejection from this area. The weekly time frame didn't quite
area. The weekly time frame didn't quite make it up to this area of interest how
make it up to this area of interest how I wanted to. Even though this area of
I wanted to. Even though this area of interest, I could technically squeeze it
interest, I could technically squeeze it up and make it a little bit higher or I
up and make it a little bit higher or I could also make it a little bit lower. I
could also make it a little bit lower. I can make it something like this. On the
can make it something like this. On the daily time frame, we have had this
daily time frame, we have had this pullback and we have had this this bit
pullback and we have had this this bit of a of a rejection.
Not my favorite. It just h cuz if I enter the trade here and I put my stop
enter the trade here and I put my stop loss somewhere around here. So let's say
loss somewhere around here. So let's say this is 15 pips. Let's say we make it at
this is 15 pips. Let's say we make it at 25 pips. And the next point where the
25 pips. And the next point where the market will potentially have a reaction
market will potentially have a reaction can easily be this structure point right
can easily be this structure point right here. structure point from this right
here. structure point from this right here will be a 1 to 2.5. Not a terrible
here will be a 1 to 2.5. Not a terrible trade, but I do see some type of odds of
trade, but I do see some type of odds of this just coming in here and giving it a
this just coming in here and giving it a better rejection before actually having
better rejection before actually having a push. This is a perfect example right
a push. This is a perfect example right here. Price actually came into this area
here. Price actually came into this area and then it rejected and even though it
and then it rejected and even though it did come back. Same thing here. It did
did come back. Same thing here. It did these little minor wick rejection but
these little minor wick rejection but then it actually brought some full body
then it actually brought some full body candlesticks in there. So I'm just
candlesticks in there. So I'm just trying to avoid some unnecessary draw
trying to avoid some unnecessary draw down or a potential wick out. We are
down or a potential wick out. We are bearish. This is the lower high. This is
bearish. This is the lower high. This is the lower low. We have had a very clean
the lower low. We have had a very clean shift of structure.
shift of structure. H
H if we can if we can break and retest
if we can if we can break and retest this little head and shoulders right
this little head and shoulders right here, I'm going to take this trade
here, I'm going to take this trade clean. If we break it clean, I'm going
clean. If we break it clean, I'm going to take this trade. I'm going to wait
to take this trade. I'm going to wait for this to have a very clean break, a
for this to have a very clean break, a clean retest, and then I'm going to be
clean retest, and then I'm going to be interested in taking this trade to the
interested in taking this trade to the downside because I believe if it does
downside because I believe if it does that, it will continue to have the push.
that, it will continue to have the push. I believe if it doesn't do that, then
I believe if it doesn't do that, then it's just going to have a full push back
it's just going to have a full push back up into here and then create a proper
up into here and then create a proper body structure rejection from this area.
body structure rejection from this area. Because if we look at this for the
Because if we look at this for the market structure for what it is, the
market structure for what it is, the market structure technically hasn't made
market structure technically hasn't made it into the area of interest. We notice
it into the area of interest. We notice the structure is not there. structure is
the structure is not there. structure is always the bodies, never the wicks. And
always the bodies, never the wicks. And the bodies haven't made there. It's only
the bodies haven't made there. It's only been the wicks. So, for now, damn,
been the wicks. So, for now, damn, that's crazy. You guys see this right
that's crazy. You guys see this right here? These are notes from 2022 that I
here? These are notes from 2022 that I put here on Trading View. Monthly
put here on Trading View. Monthly bullish
bullish on June 20th. So, that is literally
on June 20th. So, that is literally three years ago.
three years ago. Jesus. I've been doing this for a long
Jesus. I've been doing this for a long [ __ ] time. And some people in their
[ __ ] time. And some people in their first week, they want to quit. Isn't
first week, they want to quit. Isn't that crazy? USD card. Look at that. A
that crazy? USD card. Look at that. A round of applause, ladies and gentlemen.
round of applause, ladies and gentlemen. A round of applause.
A round of applause. USD CAD wicked out and flew to our take
USD CAD wicked out and flew to our take profit for a one to four. Wow. We got
profit for a one to four. Wow. We got [ __ ] diddied. D diddi straight
[ __ ] diddied. D diddi straight diddled the [ __ ] out of us here. I can't
diddled the [ __ ] out of us here. I can't believe it. I'm I'm I'm totally lying. I
believe it. I'm I'm I'm totally lying. I totally believe it. I saw it. I saw it.
totally believe it. I saw it. I saw it. I didn't see it coming, but it is what
I didn't see it coming, but it is what it is. As soon as I got wicked out, I'm
it is. As soon as I got wicked out, I'm like, "Oh, there it goes. It's going to
like, "Oh, there it goes. It's going to go straight to my take profit." Now, I
go straight to my take profit." Now, I had to do that in order to go to my
had to do that in order to go to my takerit. Beautiful trade. I'll take this
takerit. Beautiful trade. I'll take this 10 out of 10 times. A lot of people are
10 out of 10 times. A lot of people are always focused on how to avoiding these
always focused on how to avoiding these wickouts, and these wickouts are
wickouts, and these wickouts are inevitable. The only way to avoid these
inevitable. The only way to avoid these wickouts are very easy, ladies and
wickouts are very easy, ladies and gentlemen. You want to avoid a wick out,
gentlemen. You want to avoid a wick out, don't trade. That's all I can say. If
don't trade. That's all I can say. If you're scared of getting wicked out in
you're scared of getting wicked out in the markets, don't even get involved.
the markets, don't even get involved. When you get to the market, you're prone
When you get to the market, you're prone to the risk and you're also exposed to
to the risk and you're also exposed to the reward. If you want the reward, you
the reward. If you want the reward, you simply have to be ready to take the
simply have to be ready to take the risk. Sometimes it's [ __ ] Yes,
risk. Sometimes it's [ __ ] Yes, trust me, it is. It's part of the game.
trust me, it is. It's part of the game. But you know what isn't [ __ ] That
But you know what isn't [ __ ] That you forget to place a takerit and
you forget to place a takerit and instead of it being a 1 to2, it goes to
instead of it being a 1 to2, it goes to a 1 to7. That's happened to me before.
a 1 to7. That's happened to me before. And I don't know about you, but I don't
And I don't know about you, but I don't complain in those scenarios.
complain in those scenarios. Free money, right? But I get it. Some
Free money, right? But I get it. Some people want to only focus on the
people want to only focus on the negative aspect of trading, which are
negative aspect of trading, which are wickouts like this, but never realize
wickouts like this, but never realize the reward and the positive exposure
the reward and the positive exposure that you're put out there when you
that you're put out there when you actually take these trades. So, just put
actually take these trades. So, just put those things into perspective when you
those things into perspective when you actually go execute a trade. Yes. Can
actually go execute a trade. Yes. Can you get wicked out? Yes. Is it
you get wicked out? Yes. Is it avoidable? Yes. Don't take the trade.
avoidable? Yes. Don't take the trade. Simple. So, USD CAD, very clean trade
Simple. So, USD CAD, very clean trade for now. I'm not interested.
for now. I'm not interested. NZD CAD right now we are cooking up the
NZD CAD right now we are cooking up the perfect left head right shoulder waiting
perfect left head right shoulder waiting for this break and retest of this
for this break and retest of this neckline daily has had a very strong
neckline daily has had a very strong bearish pin bar currently accumulating
bearish pin bar currently accumulating at this area and there's not really much
at this area and there's not really much that we can do other than just set and
that we can do other than just set and forget I'm going to put an alarm here at
forget I'm going to put an alarm here at the neckline to let me know once and if
the neckline to let me know once and if it does break it but yeah I can't really
it does break it but yeah I can't really take a trade until it doesn't do that
take a trade until it doesn't do that and Euro JPY uh looks like it's having
and Euro JPY uh looks like it's having the move but I'm not really that
the move but I'm not really that interested in it for now NZDUSD is our
interested in it for now NZDUSD is our priority
priority Euro GBP and NZDCAD. So, it's only
Euro GBP and NZDCAD. So, it's only Tuesday. We're already up $120,000.
Tuesday. We're already up $120,000. And uh I can see another trade. A lot of
And uh I can see another trade. A lot of people think that, oh, swing trading,
people think that, oh, swing trading, day trading is hard. It's not. It's
day trading is hard. It's not. It's actually super easy because when you're
actually super easy because when you're taking trades that have high probability
taking trades that have high probability trade setups, you know, they they tend
trade setups, you know, they they tend to take their time to move in in their
to take their time to move in in their direction. For me, holding a trade
direction. For me, holding a trade anywhere for two to three days is a lot
anywhere for two to three days is a lot more logical if the probabilities are
more logical if the probabilities are there rather than scalpers that they
there rather than scalpers that they want to enter in and out of a trade in
want to enter in and out of a trade in an hour and know if they won or if they
an hour and know if they won or if they lost. Well, you're probably going to
lost. Well, you're probably going to lose more because the odds of a trade
lose more because the odds of a trade getting wicked out on the lower time
getting wicked out on the lower time frame is a lot higher compared to the
frame is a lot higher compared to the higher time frame. People always trade
higher time frame. People always trade in the lower time frames for whatever
in the lower time frames for whatever reason because I want the trades to be
reason because I want the trades to be fast, but that's never going to lead
fast, but that's never going to lead them to be profitable. I don't know. I'm
them to be profitable. I don't know. I'm just ranting at this point. Let's check
just ranting at this point. Let's check back in in a couple of hours for London
back in in a couple of hours for London session and let's see what happens.
Oh my [Laughter]
[Laughter] what the [ __ ] Oh my
what the [ __ ] Oh my god.
god. [Laughter]
[Laughter] Yo, what the [ __ ]
Yo, what the [ __ ] bro?
bro? What the [ __ ] We are up right now.
What the [ __ ] We are up right now. Yo, you can't make this [ __ ] up, bro. We
Yo, you can't make this [ __ ] up, bro. We are now up $330,000
off the same [ __ ] trade. Oh my god. Yo, I was literally going to I just got
Yo, I was literally going to I just got out the shower and I was like, "Yo, let
out the shower and I was like, "Yo, let me go back and do the trade update."
me go back and do the trade update." Saying that, "All right, for London
Saying that, "All right, for London session, I'm just going to decide to
session, I'm just going to decide to continue to hold." Holy [ __ ]
continue to hold." Holy [ __ ] Oh my god.
Oh, what the [ __ ] is going on?
what the [ __ ] is going on? Yo
Yo yo NZD CAD, we're waiting for the break
yo NZD CAD, we're waiting for the break and retest of the money line. Oh my god,
and retest of the money line. Oh my god, bro. We had the whole move already.
bro. We had the whole move already. Oh my god.
Oh my god. Yo, what happened? Was there some news?
What the [ __ ] 1000 p.m. What the I mean, ladies and gentlemen,
What the I mean, ladies and gentlemen, trade update. We're [ __ ] lit.
Yo, we're up $337,000. $340,000.
$340,000. You can't make this [ __ ] up. You guys
You can't make this [ __ ] up. You guys have seen the whole entire process of
have seen the whole entire process of this trade. Oh, I'm buying some crazy
this trade. Oh, I'm buying some crazy [ __ ] That's it. I'm buying it. I I I'm
[ __ ] That's it. I'm buying it. I I I'm I'm I'm going to buy another Bugatti. I
I'm I'm going to buy another Bugatti. I I I I gotta do something, bro. I just
I I I gotta do something, bro. I just made a $350,000.
made a $350,000. Wow. Well, ladies and gentlemen, that
Wow. Well, ladies and gentlemen, that for you is a [ __ ] perfect example.
for you is a [ __ ] perfect example. Yo, hold on. Hold on. I got to I got to
Yo, hold on. Hold on. I got to I got to Yo, I'm going to put this [ __ ] on
Yo, I'm going to put this [ __ ] on Twitter right now. All the haters are
Twitter right now. All the haters are going to [ __ ] hate this [ __ ] Oh,
going to [ __ ] hate this [ __ ] Oh, bro. I I I'm literally in shock. I'm in
bro. I I I'm literally in shock. I'm in shock right now. I'm in shock. I did not
shock right now. I'm in shock. I did not expect this going to sleep right now. I
expect this going to sleep right now. I was literally going to go to bed early
was literally going to go to bed early to wake up early. Bro, this is insane.
to wake up early. Bro, this is insane. All right, I'm going to focus. Ladies
All right, I'm going to focus. Ladies and gentlemen, market update. NZDUSD
and gentlemen, market update. NZDUSD take profit fully officially [ __ ]
take profit fully officially [ __ ] hit. I am definitely going to close
hit. I am definitely going to close this. It It could still continue to go
this. It It could still continue to go down, but I will be closing this in the
down, but I will be closing this in the next 30 40 minutes. I have no intention
next 30 40 minutes. I have no intention to continue to hold this. It's gone way
to continue to hold this. It's gone way past my takeprofit and I am not going to
past my takeprofit and I am not going to be greedy. I am going to know exactly
be greedy. I am going to know exactly like I know exactly what I'm doing here,
like I know exactly what I'm doing here, right? I'm going to just take my profits
right? I'm going to just take my profits and close it out. We're at more than I
and close it out. We're at more than I want to two. This is the situation where
want to two. This is the situation where you cannot get greedy. Let me post all
you cannot get greedy. Let me post all this [ __ ] on social media real quick and
this [ __ ] on social media real quick and I'll be right back. All right, give me a
I'll be right back. All right, give me a second. All right, boys. Update. So, I
second. All right, boys. Update. So, I officially closed the trade right now.
officially closed the trade right now. So, we closed the trade at
So, we closed the trade at Jesus. We closed the trade at
Jesus. We closed the trade at $396,000
in profit. Can you guys see that right there? $349,000
in profit. Sorry. Can't forget that mother, bro. [ __ ]
mother, bro. [ __ ] this [ __ ] man.
this [ __ ] man. Hi. You think I I see you. Come here.
Hi. You think I I see you. Come here. Come here. Come here. Come here, you
Come here. Come here. Come here, you [ __ ] Yeah. Yeah. [ __ ] with me.
[ __ ] Yeah. Yeah. [ __ ] with me. All right. [ __ ] with me one more time
All right. [ __ ] with me one more time and see what the [ __ ] goes down. All
and see what the [ __ ] goes down. All right. [ __ ] [ __ ]
But on a serious note, this is an absolute phenomenon of a trade. This is
absolute phenomenon of a trade. This is a beautiful a perfect trade setup.
a beautiful a perfect trade setup. Cannot ask for more. I literally closed
Cannot ask for more. I literally closed right at the bottom here at a one to
right at the bottom here at a one to five risk-to-reward. Do I think this is
five risk-to-reward. Do I think this is going to continue to go down? Yes. But
going to continue to go down? Yes. But wow, that was a great trade. I am going
wow, that was a great trade. I am going to be honest, ladies and gentlemen.
to be honest, ladies and gentlemen. I'm not trying to trade for the rest of
I'm not trying to trade for the rest of the week. I'm I'm good. I'm good.
the week. I'm I'm good. I'm good. Like I'm literally good. This is insane.
This is insane. This is insane. This is insane. This is insane. Wow. So, all I
insane. This is insane. Wow. So, all I can say, ladies and gentlemen, at this
can say, ladies and gentlemen, at this point is I hope you guys enjoyed this
point is I hope you guys enjoyed this video. Trades like these are the ones
video. Trades like these are the ones that turn a somewhat profitable month
that turn a somewhat profitable month into a very profitable month. You can't
into a very profitable month. You can't anticipate for one to five
anticipate for one to five risk-to-reward trades to come. You can't
risk-to-reward trades to come. You can't anticipate for massive moves like this.
anticipate for massive moves like this. All you could anticipate is how you're
All you could anticipate is how you're going to react when the market gets to
going to react when the market gets to your one to two risk-to-reward profit,
your one to two risk-to-reward profit, how mine was, and then you make the
how mine was, and then you make the decision to determine if you want to
decision to determine if you want to continue to hold or not. That is the
continue to hold or not. That is the only thing you can anticipate. That is
only thing you can anticipate. That is the only thing you can prepare for. You
the only thing you can prepare for. You cannot prepare for anything else. That
cannot prepare for anything else. That is the only thing you need to focus on
is the only thing you need to focus on as a trader. What you're going to do
as a trader. What you're going to do when it comes to decision making with
when it comes to decision making with the market gets to a position like the
the market gets to a position like the one that it just did right now. Are you
one that it just did right now. Are you going to decide to hold or are you going
going to decide to hold or are you going to decide to close? Now, regardless of
to decide to close? Now, regardless of the outcome, let's say if I did close
the outcome, let's say if I did close this position at that point right there
this position at that point right there and this market did this 1 second after
and this market did this 1 second after I closed it, would I have been mad?
I closed it, would I have been mad? Of course, right? I'm human. But you
Of course, right? I'm human. But you know what I would have done? I would
know what I would have done? I would have gone back to sleep and then I would
have gone back to sleep and then I would have just pretended like it never
have just pretended like it never happened the next night. 90% of you guys
happened the next night. 90% of you guys would be dreading on those profits for
would be dreading on those profits for weeks, months, and that what it does is
weeks, months, and that what it does is that it gives you this constant negative
that it gives you this constant negative energy approaching the market. And it
energy approaching the market. And it will no matter what affect your decision
will no matter what affect your decision to the next trade. And that is what you
to the next trade. And that is what you need to control. That is what you need
need to control. That is what you need to master. how you're going to react
to master. how you're going to react based off the decision that you make.
based off the decision that you make. Cuz if I decided to close that position,
Cuz if I decided to close that position, I need to be okay with the outcome,
I need to be okay with the outcome, whether it went back to break even or
whether it went back to break even or whether it did what it did. And if it if
whether it did what it did. And if it if I decided to hold and now I reap the
I decided to hold and now I reap the benefits of taking that risk, now I have
benefits of taking that risk, now I have to be ready to control my emotions. I
to be ready to control my emotions. I have to be ready and say, you know what,
have to be ready and say, you know what, I'm done for the week. or if the next
I'm done for the week. or if the next trade that I'm going to take, is it a
trade that I'm going to take, is it a logical trade idea or am I just making
logical trade idea or am I just making an impulsive move because I just made a
an impulsive move because I just made a lot of money and I want to make more
lot of money and I want to make more money. If you notice, the first thing I
money. If you notice, the first thing I said as soon as I got back on here is
said as soon as I got back on here is I'm done trading for the week cuz I know
I'm done trading for the week cuz I know myself. I know that now I feel like the
myself. I know that now I feel like the [ __ ] and I want to go make another 300
[ __ ] and I want to go make another 300 and close off at a million dollar week.
and close off at a million dollar week. But I'm not going to do that right now.
But I'm not going to do that right now. I'm not prepared for that. I those
I'm not prepared for that. I those weren't my intentions for this week. My
weren't my intentions for this week. My intentions for this week were 200 max
intentions for this week were 200 max and I surpassed that. So, I know myself
and I surpassed that. So, I know myself and I stay true to my plan and my rules
and I stay true to my plan and my rules and that's why I'm at the position where
and that's why I'm at the position where I am. And that's probably the best piece
I am. And that's probably the best piece of advice that I can give you right now.
of advice that I can give you right now. All right. So, you guys just saw me
All right. So, you guys just saw me break down that big trade that I took a
break down that big trade that I took a couple of weeks ago. And you guys saw
couple of weeks ago. And you guys saw different ways of how I actually react
different ways of how I actually react to the market when it does certain
to the market when it does certain moves. You guys probably saw some
moves. You guys probably saw some terminologies that I've explained a
terminologies that I've explained a little bit deeply inside of this class.
little bit deeply inside of this class. other ones that I might have said over
other ones that I might have said over the top like you know previous structure
the top like you know previous structure point um some types of shift to
point um some types of shift to structure but it all comes down to the
structure but it all comes down to the core foundation of what I have taught
core foundation of what I have taught you guys in this video right here
you guys in this video right here everything that I have taught you guys
everything that I have taught you guys in this video is exactly what you need
in this video is exactly what you need to be able to understand that market
to be able to understand that market that I broke down 80%. The other 20% is
that I broke down 80%. The other 20% is just simply based off of experience and
just simply based off of experience and then actually having a bit more
then actually having a bit more knowledge when it comes to defining the
knowledge when it comes to defining the core points of my strategy, which is
core points of my strategy, which is like how to basically tie up all these
like how to basically tie up all these other extra confirmations, extra shifts
other extra confirmations, extra shifts of structure, putting into intertwined
of structure, putting into intertwined smaller areas of interest, a certain
smaller areas of interest, a certain type of engulfing after a certain time
type of engulfing after a certain time frame. These are all things that you're
frame. These are all things that you're going to learn with time. But if you
going to learn with time. But if you notice the whole entire breakdown of the
notice the whole entire breakdown of the strategy, everything of that trade that
strategy, everything of that trade that I took was based off of trend, was based
I took was based off of trend, was based off of an area of interest, a pattern,
off of an area of interest, a pattern, which is head and shoulders, and then my
which is head and shoulders, and then my entry signal. So, I had to be extremely
entry signal. So, I had to be extremely patient when it came to actually
patient when it came to actually executing this trade as you guys can
executing this trade as you guys can tell. And when it came to the
tell. And when it came to the take-profit placement, I had to be
take-profit placement, I had to be extremely patient and almost a little
extremely patient and almost a little bit lucky to actually capitalize off of
bit lucky to actually capitalize off of it more than I should have. Now, a very
it more than I should have. Now, a very important thing when it comes to that
important thing when it comes to that type of trading is that you obviously
type of trading is that you obviously are as unemotional as you possibly can.
are as unemotional as you possibly can. Sometimes I overreact a little bit for
Sometimes I overreact a little bit for the camera. Sometimes I generally do
the camera. Sometimes I generally do feel like that. But that doesn't let me
feel like that. But that doesn't let me that doesn't affect my actual execution
that doesn't affect my actual execution of the trade or the way I manage it.
of the trade or the way I manage it. Like I follow a very strict plan. I
Like I follow a very strict plan. I enter my trade. I get out when it hits
enter my trade. I get out when it hits either my stop loss or my takerit.
either my stop loss or my takerit. whether I'm up a certain amount of money
whether I'm up a certain amount of money for the day or whether I'm down a
for the day or whether I'm down a certain money for the week or for the
certain money for the week or for the month. I have pre-calculated the risk
month. I have pre-calculated the risk before I enter the trade and I have a
before I enter the trade and I have a full understanding of the position that
full understanding of the position that I'm in which is the most important part
I'm in which is the most important part in trading is literally understanding
in trading is literally understanding the position that you are interested in
the position that you are interested in taking. A lot of traders once again
taking. A lot of traders once again don't know what type of a position
don't know what type of a position they're actually interested in entering
they're actually interested in entering into the market. And that leads me to
into the market. And that leads me to the next point, which is how to actually
the next point, which is how to actually do what I did, right? Make a lot of
do what I did, right? Make a lot of money when it comes to trading. And you
money when it comes to trading. And you can know the strategy all the way to the
can know the strategy all the way to the end. You can perfect it exactly how I've
end. You can perfect it exactly how I've perfected it over the last four years.
perfected it over the last four years. But if you don't have a significant
But if you don't have a significant amount of funds, you're simply not going
amount of funds, you're simply not going to make it in trading. Like I'm talking
to make it in trading. Like I'm talking about you can literally learn the
about you can literally learn the strategy, have all the experience in the
strategy, have all the experience in the world, but if you don't have the proper
world, but if you don't have the proper funds or the proper way on how to manage
funds or the proper way on how to manage these funds, it means absolutely
these funds, it means absolutely nothing. In my trading journey, it took
nothing. In my trading journey, it took me about
me about a year and a half to understand the
a year and a half to understand the market, 70% of how I know it now. The
market, 70% of how I know it now. The other 30% of how I know it now is just
other 30% of how I know it now is just more intuition and a lot of experience.
more intuition and a lot of experience. But the core foundation of understanding
But the core foundation of understanding everything I've taught you in this video
everything I've taught you in this video took me about a year and a half. It took
took me about a year and a half. It took me about another year just to learn how
me about another year just to learn how to actually manage the money and how to
to actually manage the money and how to scale it. One thing is reading the
scale it. One thing is reading the charts and then another thing is
charts and then another thing is actually trading with real money behind
actually trading with real money behind it. The best example, the best analogy I
it. The best example, the best analogy I can put is like going to go hunting,
can put is like going to go hunting, right? You can know everything about the
right? You can know everything about the forest, right? All the animals that are
forest, right? All the animals that are inside of the forest. You can know all
inside of the forest. You can know all the possible trees. You can know exactly
the possible trees. You can know exactly how to load up your weapon. You can
how to load up your weapon. You can clean it. You can align it. You can
clean it. You can align it. You can polish it in the shooting range.
polish it in the shooting range. Everything could be great. And you know
Everything could be great. And you know exactly how to make the noises to
exactly how to make the noises to attract the animals. All the preparation
attract the animals. All the preparation of going to go hunt. You know it
of going to go hunt. You know it perfectly. But at the point of actually
perfectly. But at the point of actually executing and pulling the trigger once
executing and pulling the trigger once you see the animal on your scope is a
you see the animal on your scope is a completely different scenario prior to
completely different scenario prior to everything that you've done. you can
everything that you've done. you can analyze the markets perfectly. You can
analyze the markets perfectly. You can actually have the strategy to the tea,
actually have the strategy to the tea, but actually executing that trade with
but actually executing that trade with the proper risk management is where most
the proper risk management is where most traders fail. Now, there's times where
traders fail. Now, there's times where they execute things correctly and
they execute things correctly and there's other times where they execute
there's other times where they execute things incorrectly and then there's an
things incorrectly and then there's an unconsistency in their results. Perfect
unconsistency in their results. Perfect example, back to the shooting analogy or
example, back to the shooting analogy or the hunting analogy. Let's say the first
the hunting analogy. Let's say the first time you go shoot an animal uh or the
time you go shoot an animal uh or the first time you go hunt, you actually hit
first time you go hunt, you actually hit your target and it's a success. It
your target and it's a success. It that's going to give you a bit of a
that's going to give you a bit of a boost of confidence. So, your next time
boost of confidence. So, your next time around to come hunt, you might not have
around to come hunt, you might not have extra extra bullets. You might not
extra extra bullets. You might not actually have your camouflage on. You
actually have your camouflage on. You maybe have a smaller scope or you don't
maybe have a smaller scope or you don't take as long to get the proper aim. And
take as long to get the proper aim. And then on that next shot, you actually
then on that next shot, you actually miss your target. Well, then that's
miss your target. Well, then that's going to decrease your confidence on the
going to decrease your confidence on the third shot. Come the third shot, now
third shot. Come the third shot, now you're overthinking everything. You're
you're overthinking everything. You're overp preppering. And then guess what?
overp preppering. And then guess what? You make too much noise. There's too
You make too much noise. There's too much going on. And then the animals
much going on. And then the animals don't come. And then you scare them as a
don't come. And then you scare them as a whole. Now you're just a frustrated
whole. Now you're just a frustrated hunter. And then you basically end up
hunter. And then you basically end up hating the sport because you found
hating the sport because you found success at the beginning. And then what
success at the beginning. And then what ended up happening is that there was an
ended up happening is that there was an inconsistency on that success at the
inconsistency on that success at the beginning. And then you basically just
beginning. And then you basically just gave up on it as a whole. That's what
gave up on it as a whole. That's what happens to a lot of traders. Traders
happens to a lot of traders. Traders come into the markets, they might see a
come into the markets, they might see a little bit of money because they either
little bit of money because they either got lucky or made the right decision,
got lucky or made the right decision, but then they get way too confident.
but then they get way too confident. Then they start getting way too
Then they start getting way too comfortable and then they start being
comfortable and then they start being unconsistent with correct things and
unconsistent with correct things and then they start getting too deep into
then they start getting too deep into their head and now they enter this
their head and now they enter this negative spiral or even overthinking and
negative spiral or even overthinking and they have all of these opportunities
they have all of these opportunities constantly being missed right in front
constantly being missed right in front of their face. And this what ended up
of their face. And this what ended up leading into is traders just quitting
leading into is traders just quitting trading and they don't end up continuing
trading and they don't end up continuing with this journey. Now this is a very
with this journey. Now this is a very very very common mistake of traders in
very very common mistake of traders in any part of their journey and with any
any part of their journey and with any part of the strategy and it's the risk
part of the strategy and it's the risk management and the money management
management and the money management side. I personally myself I think I've
side. I personally myself I think I've had one of the most legendary flips in
had one of the most legendary flips in the industry which is turning a $100
the industry which is turning a $100 into a million. And a lot of people know
into a million. And a lot of people know me for this, but they don't know the
me for this, but they don't know the preparation, the experience, and how
preparation, the experience, and how many times I actually attempted to do
many times I actually attempted to do this. Like, this was not an easy task. I
this. Like, this was not an easy task. I attempted to turn a h 100red into a
attempted to turn a h 100red into a million. I think it took me a year and a
million. I think it took me a year and a half to actually complete this. I
half to actually complete this. I attempted it one time after failing like
attempted it one time after failing like five times. I took the account from $100
five times. I took the account from $100 to about $330,000.
to about $330,000. And in one single week, I completely
And in one single week, I completely blew the whole entire account. I took
blew the whole entire account. I took about a threemonth break and then I come
about a threemonth break and then I come back and I document the whole entire
back and I document the whole entire journey again. Literally showing you
journey again. Literally showing you guys as transparent as it can possibly
guys as transparent as it can possibly be the before, the during, the after of
be the before, the during, the after of every single position exactly how I have
every single position exactly how I have just done in this last position right
just done in this last position right here that I have just broken down. I did
here that I have just broken down. I did the exact same thing when I was taking
the exact same thing when I was taking the 100 bucks into the mill. And if
the 100 bucks into the mill. And if there's something that I learned in that
there's something that I learned in that journey more than ever and what actually
journey more than ever and what actually led me to the success, it's not the
led me to the success, it's not the decision making behind the trade, it's
decision making behind the trade, it's the decision-m behind the actual trade
the decision-m behind the actual trade management and the risk management. When
management and the risk management. When is the right time to hold the trade?
is the right time to hold the trade? When is it not? When is the right time
When is it not? When is the right time to risk more? When is it not? And that
to risk more? When is it not? And that is all based off of my clarity when it
is all based off of my clarity when it comes to the charts because I know how
comes to the charts because I know how to read the charts. I don't need to read
to read the charts. I don't need to read more of the charts. Like everything that
more of the charts. Like everything that I've taught you is everything you need
I've taught you is everything you need to know trading. I'm just repeating
to know trading. I'm just repeating myself at this point, but it's how I am
myself at this point, but it's how I am mentally when I'm going to go read these
mentally when I'm going to go read these charts. Did I just go have a bad day at
charts. Did I just go have a bad day at work? Did I just have go a great day at
work? Did I just have go a great day at work? Am I just looking to make some
work? Am I just looking to make some profit because I I couldn't work this
profit because I I couldn't work this week? Or am I just looking to double up
week? Or am I just looking to double up from the profits from last week? am I
from the profits from last week? am I looking to catch like everything is how
looking to catch like everything is how am I as a person when I am actually
am I as a person when I am actually going to do this trade management or do
going to do this trade management or do this account flipper scale. So what I'm
this account flipper scale. So what I'm going to be breaking down for you guys
going to be breaking down for you guys right now is exactly how I took the
right now is exactly how I took the hundred bucks into a mill successfully
hundred bucks into a mill successfully and unsuccessfully. The first time that
and unsuccessfully. The first time that I did it and then the second time that I
I did it and then the second time that I did it. I'm going to break down the risk
did it. I'm going to break down the risk management behind every single one of
management behind every single one of these trades that I did. And you guys
these trades that I did. And you guys can go see this challenge for yourself.
can go see this challenge for yourself. I think there's a 10, 12, 13 part
I think there's a 10, 12, 13 part series. It took me about 3 and 1/2
series. It took me about 3 and 1/2 months, nearly 4 months when I actually
months, nearly 4 months when I actually completed it. And I have a full series
completed it. And I have a full series here on my YouTube channel. You guys can
here on my YouTube channel. You guys can go ahead and go watch it if you'd like.
go ahead and go watch it if you'd like. But I'm going to summarize everything on
But I'm going to summarize everything on this video right now. So, let me break
this video right now. So, let me break it down for you guys. All right. So, I'm
it down for you guys. All right. So, I'm going to break down to you guys the
going to break down to you guys the exact math that I used to take the 100
exact math that I used to take the 100 bucks into the mail. Now, I'm going to
bucks into the mail. Now, I'm going to make this extremely clear right now. I
make this extremely clear right now. I am not a financial adviser. I'm not here
am not a financial adviser. I'm not here giving you legal advice. I'm just
giving you legal advice. I'm just letting you know how I did this. And uh
letting you know how I did this. And uh I had some
I had some great experiences at times and then some
great experiences at times and then some other times it was not so great. And my
other times it was not so great. And my decision-m and my actual trade
decision-m and my actual trade management is what led me to completing
management is what led me to completing my challenge of taking a 100 bucks into
my challenge of taking a 100 bucks into a mill, right? But just want to make
a mill, right? But just want to make sure it's not financial advice. I trying
sure it's not financial advice. I trying to educate you guys on how I did it
to educate you guys on how I did it personally myself. So when people think
personally myself. So when people think or people hear of me taking a $100 into
or people hear of me taking a $100 into a mill, the first thing immediate red
a mill, the first thing immediate red flag is like impossible. It is fake. It
flag is like impossible. It is fake. It is not true. And I'm going to be honest.
is not true. And I'm going to be honest. I did not take a $100 into a million.
I did not take a $100 into a million. That is actually impossible. And I am
That is actually impossible. And I am here saying this on the record. There is
here saying this on the record. There is no humanly possible way that I took one
no humanly possible way that I took one singular $100 bill into a million. That
singular $100 bill into a million. That is just not possible. But what I did do
is just not possible. But what I did do is that I did take the $100 into about
is that I did take the $100 into about $400. And then I did take these $400
$400. And then I did take these $400 into about $3,200.
into about $3,200. And then I did end up taking these
And then I did end up taking these $3,200
$3,200 into about $8,000.
into about $8,000. And then I know I was at break even with
And then I know I was at break even with these $8,000 for roughly, let's call it,
these $8,000 for roughly, let's call it, two weeks. But then I took this $8,000
two weeks. But then I took this $8,000 into about $15,000.
into about $15,000. Then I took these $15,000 from what I
Then I took these $15,000 from what I remember, I think it was around $30,000.
remember, I think it was around $30,000. after taking these 15 to 30,000. Then I
after taking these 15 to 30,000. Then I know I lost it back to I think I think
know I lost it back to I think I think it was 17,000 more or less. Then I took
it was 17,000 more or less. Then I took these 17,000 all the way up to about 55
these 17,000 all the way up to about 55 and then going from 55 everything was
and then going from 55 everything was pretty much history, right? We go from
pretty much history, right? We go from 55 to about 100, 100 to 300 and then the
55 to about 100, 100 to 300 and then the 300 we just finish it off on a full live
300 we just finish it off on a full live session. At no point did I ever take one
session. At no point did I ever take one singular $100 bill to a million. What I
singular $100 bill to a million. What I ended up doing is I am constantly
ended up doing is I am constantly scaling and flipping this current
scaling and flipping this current account balance to this, then this
account balance to this, then this current account balance to then this,
current account balance to then this, this to this, this to this, and then it
this to this, this to this, and then it just constantly is scaling to the next
just constantly is scaling to the next level where my end goal was to scale all
level where my end goal was to scale all the way to a million dollars. and me
the way to a million dollars. and me taking this account up to this one and
taking this account up to this one and then up to this one and then this like
then up to this one and then this like me taking this 400 bucks into 3200
me taking this 400 bucks into 3200 taking this 3200 to 8,000 is with the
taking this 3200 to 8,000 is with the exact strategy that I have just taught
exact strategy that I have just taught you in this video. There's just one
you in this video. There's just one thing that led me do this successfully
thing that led me do this successfully and that is going to be risk management.
and that is going to be risk management. Risk management is what led me to be
Risk management is what led me to be able to successfully scale this account
able to successfully scale this account and it's how I did it. So, I'm going to
and it's how I did it. So, I'm going to explain to you how I properly did it.
explain to you how I properly did it. And I'm going to be extremely blunt and
And I'm going to be extremely blunt and I'm going to be extremely
I'm going to be extremely straightforward at this very point. I
straightforward at this very point. I did this because at no giving point was
did this because at no giving point was this starting balance a significant
this starting balance a significant amount of money for me. I could have
amount of money for me. I could have lost the account from this point right
lost the account from this point right here. And I did when we made it all the
here. And I did when we made it all the way to 333,000
way to 333,000 I think or I think it was 308,000 or
I think or I think it was 308,000 or something like that. I ended up blowing
something like that. I ended up blowing this 308,000. It was what I had in the
this 308,000. It was what I had in the balance of my MetaTrader 5. Now, that is
balance of my MetaTrader 5. Now, that is obviously a lot of money, right? Even at
obviously a lot of money, right? Even at the point where I am now, I'm extreme.
the point where I am now, I'm extreme. You know, I've made multiple seven
You know, I've made multiple seven figures in trading. I recognize that
figures in trading. I recognize that that's a lot of money. And so, that
that's a lot of money. And so, that could be life-changing to some people.
could be life-changing to some people. And some people might have maybe not
And some people might have maybe not actually gone all the way and they would
actually gone all the way and they would have probably closed the accounts or,
have probably closed the accounts or, you know, called it there, right? They
you know, called it there, right? They would have not made it all the way to a
would have not made it all the way to a million. But the way that I looked at it
million. But the way that I looked at it is that I started off with a h 100
is that I started off with a h 100 bucks. If I lose this $300,000, if I
bucks. If I lose this $300,000, if I even lose a million dollar out of my own
even lose a million dollar out of my own pocket, I'm only losing a h 100red
pocket, I'm only losing a h 100red bucks. So the starting balance to me is
bucks. So the starting balance to me is not a significant amount of money. So I
not a significant amount of money. So I am able to have a much more aggressive
am able to have a much more aggressive approach. And this is something that is
approach. And this is something that is extremely
extremely aggressive. This is something that I
aggressive. This is something that I personally do not recommend for anybody
personally do not recommend for anybody to do. If you are a beginner, I
to do. If you are a beginner, I recommend that you actually, you know,
recommend that you actually, you know, learn trading and then you start with a
learn trading and then you start with a significant amount of money that does
significant amount of money that does not mean something to you. So for the
not mean something to you. So for the first trade, what I always always always
first trade, what I always always always do is I always risk 100% of the
do is I always risk 100% of the position. So my first trade to me is
position. So my first trade to me is simply the most important trade because
simply the most important trade because you simply need to get out of the hole,
you simply need to get out of the hole, right? you need to fullport the account
right? you need to fullport the account until you are not able to risk anymore.
until you are not able to risk anymore. So, you don't even need to go to your
So, you don't even need to go to your position size calculator and
position size calculator and pre-calculate your risk. If you have a
pre-calculate your risk. If you have a $100 account and you want to buy or sell
$100 account and you want to buy or sell a market, for example, like the one that
a market, for example, like the one that I'm in right now, you just simply go to
I'm in right now, you just simply go to your MetaTrader 5, you click on lots and
your MetaTrader 5, you click on lots and you just try and put the max possible
you just try and put the max possible lots that you can. Now, two things are
lots that you can. Now, two things are going to happen. You're either going to
going to happen. You're either going to blow the 100 bucks, how I've done tens
blow the 100 bucks, how I've done tens of times, or you're simply going to then
of times, or you're simply going to then scale your account to 400, 500, 300,
scale your account to 400, 500, 300, whatever point where your trade actually
whatever point where your trade actually hits your takerit. Now, once you get to
hits your takerit. Now, once you get to this second point, now you're officially
this second point, now you're officially out of the hole. So, what you can decide
out of the hole. So, what you can decide to do at this point is either one,
to do at this point is either one, withdraw your original balance, which is
withdraw your original balance, which is 100 bucks, and then you're basically
100 bucks, and then you're basically just playing with the house money at
just playing with the house money at this point, and you have no risk. So you
this point, and you have no risk. So you should not have any care for what is
should not have any care for what is going to happen from this point forward.
going to happen from this point forward. The money is not yours until it's not in
The money is not yours until it's not in your bank account. And if it's inside of
your bank account. And if it's inside of this trading platform that is not your
this trading platform that is not your bank account, that money is technically
bank account, that money is technically not yours yet. So you need to treat this
not yours yet. So you need to treat this with a with a certain approach. I
with a with a certain approach. I personally myself on the next flip, I
personally myself on the next flip, I decide to go ahead and then risk 100%.
decide to go ahead and then risk 100%. Once again, after we then flip this
Once again, after we then flip this second amount of money to around 3,200,
second amount of money to around 3,200, here's where I'll decide to slow down a
here's where I'll decide to slow down a little bit and then put the brakes on.
little bit and then put the brakes on. I'll either go from 60% to about 50%
I'll either go from 60% to about 50% risk from this point forward because
risk from this point forward because we're already around 2 3 weeks ahead,
we're already around 2 3 weeks ahead, right? Every single one of these account
right? Every single one of these account flips that you're seeing right here,
flips that you're seeing right here, these are weeks that are going by. And
these are weeks that are going by. And to me, 3 weeks is a lot of time. And I
to me, 3 weeks is a lot of time. And I want to make sure that I'm not doing
want to make sure that I'm not doing something that it's just going to be a
something that it's just going to be a waste of time, right? Because time is
waste of time, right? Because time is money at the end of the day. And if this
money at the end of the day. And if this were to be happening every day, sure,
were to be happening every day, sure, like, you know, it's it's a lot easier
like, you know, it's it's a lot easier to move this percentage up and down. And
to move this percentage up and down. And I could have been even more aggressive.
I could have been even more aggressive. But since at this point in the
But since at this point in the challenge, I'm already on the third
challenge, I'm already on the third week, I don't want to be a whole entire
week, I don't want to be a whole entire month doing this challenge for me to
month doing this challenge for me to just be overly aggressive and then
just be overly aggressive and then potentially blow the account. That's why
potentially blow the account. That's why I start to minimize my risk. And all of
I start to minimize my risk. And all of this is by simply executing one single
this is by simply executing one single trade. I'm not taking five trades a
trade. I'm not taking five trades a week. I'm not taking three trades a
week. I'm not taking three trades a week. I'm not taking I'm literally
week. I'm not taking I'm literally taking one single trade. what I'm doing
taking one single trade. what I'm doing and the best analogy I know I have a lot
and the best analogy I know I have a lot of analogies but the best analogy that I
of analogies but the best analogy that I can put to this is I am literally a
can put to this is I am literally a baseball player standing at home base
baseball player standing at home base and I'm getting pitched a ball every
and I'm getting pitched a ball every single minute and I'm just standing
single minute and I'm just standing there on home base and I have endless
there on home base and I have endless amounts of pitches. The the pitcher is
amounts of pitches. The the pitcher is just a robot just going to keep throwing
just a robot just going to keep throwing balls, keep throwing balls and I'm not
balls, keep throwing balls and I'm not obligated to swing at any point. I'm
obligated to swing at any point. I'm just there standing at home base waiting
just there standing at home base waiting for that perfect pitch and I know that
for that perfect pitch and I know that if I strike I'm out because I'm risking
if I strike I'm out because I'm risking such a high percentage amount in the
such a high percentage amount in the account. So I want to make sure if I am
account. So I want to make sure if I am going to swing it is going to be a
going to swing it is going to be a perfect pitch and I'm going to be ready
perfect pitch and I'm going to be ready for that perfect swing. Is there times
for that perfect swing. Is there times where that perfect pitch has come and
where that perfect pitch has come and I'm simply tired of standing at home
I'm simply tired of standing at home base and I don't swing? Yeah, of course.
base and I don't swing? Yeah, of course. I will not swing until everything does
I will not swing until everything does not align because I know if I if I
not align because I know if I if I strike if I miss, I strike out and I'm
strike if I miss, I strike out and I'm done. I can't continue to play. So, or
done. I can't continue to play. So, or and in the trading term, you simply blow
and in the trading term, you simply blow the account and you cannot continue to
the account and you cannot continue to trade this account. You have to deposit
trade this account. You have to deposit money again. So, my trade selection when
money again. So, my trade selection when it came to these trades was extremely
it came to these trades was extremely precise. I would break down my 10
precise. I would break down my 10 markets for the week and out of all the
markets for the week and out of all the 10 markets that I had for the week, I
10 markets that I had for the week, I would really, really only focus on
would really, really only focus on three. And out of those three markets, I
three. And out of those three markets, I would just wait for that one. It had to
would just wait for that one. It had to be that perfect trade setup that gave me
be that perfect trade setup that gave me the exact entry signal that I need that
the exact entry signal that I need that I would be 100% confident that this
I would be 100% confident that this trade is going to go in my favor. And I
trade is going to go in my favor. And I would make sure that if I am 100% wrong
would make sure that if I am 100% wrong on this position, I am totally okay with
on this position, I am totally okay with it. I am totally okay if I give my all
it. I am totally okay if I give my all on this swing that I strike out. Right?
on this swing that I strike out. Right? Because I've been extremely pat I've
Because I've been extremely pat I've been extremely patient. I've seen a
been extremely patient. I've seen a hundred different pitches come by. And
hundred different pitches come by. And have I missed out on some pitches and
have I missed out on some pitches and they could have been home runs? Sure.
they could have been home runs? Sure. But you know what? I wasn't 100%
But you know what? I wasn't 100% confident. And I am only taking that
confident. And I am only taking that position when I am 100% confident. That
position when I am 100% confident. That decision making right there, that
decision making right there, that experience, that intuition, that mindset
experience, that intuition, that mindset is what led me to properly take the 100
is what led me to properly take the 100 into the mill. Or better said, it's what
into the mill. Or better said, it's what let me take the 100 into 400, the 400
let me take the 100 into 400, the 400 into 3200, the 3200 into 8,000.
into 3200, the 3200 into 8,000. Throughout this whole entire challenge
Throughout this whole entire challenge that I did, I probably predicted
that I did, I probably predicted 40 solid move setups. And I maybe only
40 solid move setups. And I maybe only caught seven, eight, nine, 10 max. I'm
caught seven, eight, nine, 10 max. I'm not here to catch every single move. I'm
not here to catch every single move. I'm here to catch the right one. So after me
here to catch the right one. So after me taking the 3,200 into then 8,000 is
taking the 3,200 into then 8,000 is where then I start to lower my risk even
where then I start to lower my risk even more. So here I started to go anywhere
more. So here I started to go anywhere from 50% to around 40%. And the same
from 50% to around 40%. And the same exact thing applies. I am only risking
exact thing applies. I am only risking this on one single position. If I enter
this on one single position. If I enter one trade for the week and I win, I am
one trade for the week and I win, I am done. I don't need to execute another
done. I don't need to execute another position. It's a one and done for the
position. It's a one and done for the week. If I lose a position for the week,
week. If I lose a position for the week, one and done. I am done for the week. I
one and done. I am done for the week. I will come back next week because I know
will come back next week because I know myself and I know how I react to the
myself and I know how I react to the market. And if I am entering a position
market. And if I am entering a position and I lose, I know myself and I know
and I lose, I know myself and I know that I'm going to want to chase that
that I'm going to want to chase that loss back and gain back more profits. Or
loss back and gain back more profits. Or if I were to win a trade, I know that
if I were to win a trade, I know that I'm going to want to win more for the
I'm going to want to win more for the week. I want to end up more on top. So a
week. I want to end up more on top. So a simple rule on how I minimize that is
simple rule on how I minimize that is I'm just simply a oneandone type of guy.
I'm just simply a oneandone type of guy. Win or lose, I am done. because I know
Win or lose, I am done. because I know by the time that next week will come by,
by the time that next week will come by, my mindset will be so much more clear
my mindset will be so much more clear that I won't even remember what happened
that I won't even remember what happened last week. So much time has gone by. Did
last week. So much time has gone by. Did I break this rule a couple times
I break this rule a couple times throughout the challenge? Yes. And if
throughout the challenge? Yes. And if you guys go see the series, you guys are
you guys go see the series, you guys are going to see how I hold myself
going to see how I hold myself accountable because I know that I have
accountable because I know that I have tens of thousands of people, hundreds of
tens of thousands of people, hundreds of thousands of people, millions of people
thousands of people, millions of people that were going to be watching this
that were going to be watching this challenge. And nobody was going to hold
challenge. And nobody was going to hold myself accountable how I was. And I need
myself accountable how I was. And I need to set that standard to whenever you do
to set that standard to whenever you do something wrong, you actually do
something wrong, you actually do something about it. Because us traders
something about it. Because us traders right now, I'm here in my office and I
right now, I'm here in my office and I can decide to click buy or sell on a
can decide to click buy or sell on a position right now. Nobody's going to
position right now. Nobody's going to come and tell me that I'm doing the
come and tell me that I'm doing the right or the wrong decision. It's only
right or the wrong decision. It's only myself. Only myself is going to know if
myself. Only myself is going to know if what I'm doing is right or wrong. And I
what I'm doing is right or wrong. And I need to have the mental clarity to
need to have the mental clarity to understand on what I'm doing is right or
understand on what I'm doing is right or wrong. If you're on a two, three week
wrong. If you're on a two, three week losing streak or on a two, three week
losing streak or on a two, three week winning streak and you're still a
winning streak and you're still a beginner intermediate trader, I can
beginner intermediate trader, I can guarantee you you're going to you're not
guarantee you you're going to you're not going to have extreme clarity. You're
going to have extreme clarity. You're going to feel like the king of the
going to feel like the king of the world. I've been there, believe me. And
world. I've been there, believe me. And as an experienced trader now, and as
as an experienced trader now, and as I've aged, I think I've aged like fine
I've aged, I think I've aged like fine wine in the trading space. And I
wine in the trading space. And I understand the difference in between one
understand the difference in between one and the other. And when you're in a
and the other. And when you're in a challenge, when you're in a a series
challenge, when you're in a a series like this, all this stuff starts getting
like this, all this stuff starts getting very murky. And if you don't set the
very murky. And if you don't set the foundations from the beginning, it's
foundations from the beginning, it's only going to end bad because you want
only going to end bad because you want to get to this end goal as quick as
to get to this end goal as quick as possible. You don't want to go through
possible. You don't want to go through four months of hell to get to this point
four months of hell to get to this point right here. What matters is how you set
right here. What matters is how you set the rules before you begin. And these
the rules before you begin. And these were my core base rules. After me taking
were my core base rules. After me taking it to about 15K, at this point right
it to about 15K, at this point right here, what I started to do is I started
here, what I started to do is I started to stay from around 40% to then 35%. And
to stay from around 40% to then 35%. And then basically what I did from this
then basically what I did from this point on is I stick through this same
point on is I stick through this same exact same risk management rule
exact same risk management rule throughout the whole entire challenge. I
throughout the whole entire challenge. I never went below 35%. Maybe I went to
never went below 35%. Maybe I went to about 30% 27% depending on the the type
about 30% 27% depending on the the type of trade, how long I predicting it was
of trade, how long I predicting it was going to be or if I could have even
going to be or if I could have even actually traded. You know, I traveled a
actually traded. You know, I traveled a couple times throughout this challenge
couple times throughout this challenge and I wanted to make sure that yes, it
and I wanted to make sure that yes, it was the perfect swing and it was the
was the perfect swing and it was the perfect pitch, but it was just not worth
perfect pitch, but it was just not worth missing out on. And I'm personally okay
missing out on. And I'm personally okay with risking a certain amount of the
with risking a certain amount of the account. Sometimes it worked in my
account. Sometimes it worked in my favor. Other times that it did. But the
favor. Other times that it did. But the most important thing right here, and
most important thing right here, and believe me, I I I cannot stress this
believe me, I I I cannot stress this enough is going to be this right here.
enough is going to be this right here. this risk management and the decision
this risk management and the decision makingaking behind the trade that you
makingaking behind the trade that you are analyzing. If you're going to enter
are analyzing. If you're going to enter a trade, make sure that it's the right
a trade, make sure that it's the right trade. And then following throughout all
trade. And then following throughout all of this, what led me to the true success
of this, what led me to the true success is going to be this right here, RR,
is going to be this right here, RR, risk to reward. This is what made the
risk to reward. This is what made the difference from this turning from $100
difference from this turning from $100 into a million and that turning from a
into a million and that turning from a hundred to a h 100,000. The difference
hundred to a h 100,000. The difference was risk-to-reward. Why is that? Well,
was risk-to-reward. Why is that? Well, because some positions I would go for a
because some positions I would go for a one to two risk-to-reward. Other
one to two risk-to-reward. Other positions I would go for a one to4
positions I would go for a one to4 risk-to-reward. And this one to four
risk-to-reward. And this one to four risk-to-reward would take me out of the
risk-to-reward would take me out of the hole. Like you can't even imagine
hole. Like you can't even imagine because let's say I'm trying to risk a
because let's say I'm trying to risk a hundred bucks and then the goal is to
hundred bucks and then the goal is to flip it. If I'm doing a one to two
flip it. If I'm doing a one to two risk-to-reward, that's just times two,
risk-to-reward, that's just times two, right? I'm taking 100 bucks to 200
right? I'm taking 100 bucks to 200 bucks, right? Nobody cares. Just 100%
bucks, right? Nobody cares. Just 100% 200% no big deal. But if you apply this
200% no big deal. But if you apply this percentage going from 100 to 400, it's
percentage going from 100 to 400, it's far more of a strong base to then take
far more of a strong base to then take the 400 to 3,200 for example. Because if
the 400 to 3,200 for example. Because if I were just to have 200 bucks and then I
I were just to have 200 bucks and then I just apply the same exact one to two
just apply the same exact one to two risk-to-reward, it's taking 200 to then
risk-to-reward, it's taking 200 to then 400 bucks. So you just wasted a whole
400 bucks. So you just wasted a whole week trying to do what you could have
week trying to do what you could have done in one simple week by simply
done in one simple week by simply continuing to either hold the position
continuing to either hold the position or have bigger take profits on the
or have bigger take profits on the original trade that you're taking. So, I
original trade that you're taking. So, I always attempted to have every single
always attempted to have every single trade setup, always be a minimum of a
trade setup, always be a minimum of a one to two risk-to-reward. This is
one to two risk-to-reward. This is always going to be the minimum of every
always going to be the minimum of every single trade that I'm going to take. The
single trade that I'm going to take. The minimum of the risk-to-reward has to be
minimum of the risk-to-reward has to be this because that is what's going to
this because that is what's going to lead you to profitability. That is just
lead you to profitability. That is just a fact, right? But I would always aim
a fact, right? But I would always aim for the trade to have a potential of a
for the trade to have a potential of a one to4 risk-to-reward because I'm
one to4 risk-to-reward because I'm essentially getting another trade for
essentially getting another trade for free. exactly what I would be doing
free. exactly what I would be doing right here. I'm literally getting it for
right here. I'm literally getting it for free by just simply holding the trade to
free by just simply holding the trade to then get a 1 to4 risk-to-reward. For
then get a 1 to4 risk-to-reward. For example, let's say I'm going to be
example, let's say I'm going to be buying a position, right? I'm going to
buying a position, right? I'm going to be buying this trade. This is the area
be buying this trade. This is the area where I'm going to be buying it. And the
where I'm going to be buying it. And the minimum I would always place my
minimum I would always place my risk-to-reward ratio is going to be a
risk-to-reward ratio is going to be a 1:2. This is the minimum. No matter no
1:2. This is the minimum. No matter no if, ends or buts. But I would always set
if, ends or buts. But I would always set the trade to have a minimum of a one to
the trade to have a minimum of a one to four. So if the trade gets to this one
four. So if the trade gets to this one to four, I know for a fact that okay,
to four, I know for a fact that okay, you know what? Not only was it worth the
you know what? Not only was it worth the trade to be at a one to two, but it has
trade to be at a one to two, but it has the potential to be at a 1 to4, meaning
the potential to be at a 1 to4, meaning I'm going to basically get a whole other
I'm going to basically get a whole other trade that I am entering right here.
trade that I am entering right here. It's like me entering two trades, but
It's like me entering two trades, but without risking the second one. I'm
without risking the second one. I'm literally getting this one to four
literally getting this one to four risk-to-reward, which is two trades, by
risk-to-reward, which is two trades, by only risking what I would on one. That's
only risking what I would on one. That's where the money is because I didn't need
where the money is because I didn't need to have additional risk to make more
to have additional risk to make more money. It's just the winning trade. I
money. It's just the winning trade. I let it be a continuous winning trade. I
let it be a continuous winning trade. I didn't have to take another trade to
didn't have to take another trade to make more money. I didn't have to add
make more money. I didn't have to add risk into the account for me to make
risk into the account for me to make more money. I didn't have to overexpose
more money. I didn't have to overexpose myself. I didn't have to swing again to
myself. I didn't have to swing again to catch a home run. All I would do is just
catch a home run. All I would do is just let that ball continue going. Obviously,
let that ball continue going. Obviously, in the baseball term,
in the baseball term, can't really control where the ball
can't really control where the ball went, but let's just pretend like you
went, but let's just pretend like you can decide when you want to let off of
can decide when you want to let off of of the bat, right? I would just continue
of the bat, right? I would just continue to hold on to the bat because the ball's
to hold on to the bat because the ball's going to continue to go. So, this is
going to continue to go. So, this is what literally changed the game for me.
what literally changed the game for me. Having the trades go further from the
Having the trades go further from the takerit than what they already were
takerit than what they already were because what this would do is that I
because what this would do is that I didn't have to do anything else other
didn't have to do anything else other than set and forget. And that is what
than set and forget. And that is what gave me clarity because I didn't have to
gave me clarity because I didn't have to be stressed about entering another
be stressed about entering another trade. That is what literally made my
trade. That is what literally made my job so easy because I just simply did
job so easy because I just simply did nothing. That also gave me confidence on
nothing. That also gave me confidence on the next trade because if I do the exact
the next trade because if I do the exact same setup and obviously minimum of a 1
same setup and obviously minimum of a 1 to2 risk-to-reward always but with a
to2 risk-to-reward always but with a potential to be a 1 to4 that gave me the
potential to be a 1 to4 that gave me the confidence on the next position to do
confidence on the next position to do the exact same thing. And when you
the exact same thing. And when you compound all of these positives on a
compound all of these positives on a trade over the course of three months,
trade over the course of three months, you're going to have a perfect equation
you're going to have a perfect equation for success. It's just the simple truth
for success. It's just the simple truth and you're following a proper strategy.
and you're following a proper strategy. The odds of you failing are very low.
The odds of you failing are very low. It's very unlikely. If you're taking one
It's very unlikely. If you're taking one simple trade setup a week and it meets
simple trade setup a week and it meets every single confluence and you have a
every single confluence and you have a minimum of a 1 to2 risk-to-reward and
minimum of a 1 to2 risk-to-reward and you have a potential for it to be at a 1
you have a potential for it to be at a 1 to4, why shouldn't you succeed? You're
to4, why shouldn't you succeed? You're following every single possible need for
following every single possible need for the trade to make sense. Now, this is
the trade to make sense. Now, this is the core foundation of what I did to
the core foundation of what I did to actually take the hundred bucks into 400
actually take the hundred bucks into 400 and 400 into 3200. hate saying that I
and 400 into 3200. hate saying that I took a hundred into a million because to
took a hundred into a million because to be technical and to be real, I
be technical and to be real, I technically took $300,000 into a
technically took $300,000 into a million, but the starting balance was
million, but the starting balance was hundred bucks, right? But not to get too
hundred bucks, right? But not to get too technical, I want to literally show you
technical, I want to literally show you guys how I did this. So, what I'm going
guys how I did this. So, what I'm going to be showing you guys right now are
to be showing you guys right now are literal live footages that you guys can
literal live footages that you guys can go check out right now in the YouTube
go check out right now in the YouTube channel, but I'm going to put it in this
channel, but I'm going to put it in this video here of me literally showing you
video here of me literally showing you guys the before, the during, the after,
guys the before, the during, the after, and the explanation of every single
and the explanation of every single trade, why I was interested in entering
trade, why I was interested in entering the trade, my thought process on
the trade, my thought process on entering the trade based off of where I
entering the trade based off of where I was in the week, and if I had just won,
was in the week, and if I had just won, if I had slept, if I had not slept,
if I had slept, if I had not slept, because that all influenced greatly into
because that all influenced greatly into my decision- making of the trade and the
my decision- making of the trade and the end results of the trade, if I ended up
end results of the trade, if I ended up winning and how I reacted, if I ended up
winning and how I reacted, if I ended up losing and how I reacted. Because my
losing and how I reacted. Because my decision making throughout this
decision making throughout this challenge is what led me to succeed and
challenge is what led me to succeed and to do this. Now, I've had tens of
to do this. Now, I've had tens of students that have successfully taken a
students that have successfully taken a couple thousand bucks into a couple
couple thousand bucks into a couple hundred,000. We have students that have
hundred,000. We have students that have taken $15 into 304,000. And when I've
taken $15 into 304,000. And when I've done podcasts and interviews with them
done podcasts and interviews with them and I've met them in person and they're
and I've met them in person and they're inside the community and we chat, they
inside the community and we chat, they literally tell me, "Alex, the strategy
literally tell me, "Alex, the strategy is amazing and your teaching obviously
is amazing and your teaching obviously let me understand the market." But it's
let me understand the market." But it's how I reacted to the market when I got
how I reacted to the market when I got these opportunities that presented
these opportunities that presented themselves that led me do this
themselves that led me do this successfully. And I want to show you how
successfully. And I want to show you how my mindset and my approach changed
my mindset and my approach changed throughout the whole entire challenge as
throughout the whole entire challenge as a person, as a trader, as a mentor
a person, as a trader, as a mentor because I personally feel that challenge
because I personally feel that challenge made me the mentor and the person that I
made me the mentor and the person that I am today because I went to I went
am today because I went to I went through a certain experience. I went
through a certain experience. I went through a certain battle that nobody
through a certain battle that nobody could have taught me. There's no type of
could have taught me. There's no type of trading in the market that could have
trading in the market that could have taught me that other than me going
taught me that other than me going through that myself. And nobody could
through that myself. And nobody could have told me what I was going to go
have told me what I was going to go through. I had to literally go through
through. I had to literally go through it because it was a immaculate
it because it was a immaculate it was just it was just an immaculate
it was just it was just an immaculate experience that led me to understand
experience that led me to understand that at no given point am I in control.
that at no given point am I in control. The market's always in control and I
The market's always in control and I have to understand when to be involved
have to understand when to be involved and when to not. So what I'm going to be
and when to not. So what I'm going to be showing you right now once again is the
showing you right now once again is the real raw journey of the challenge. Pay
real raw journey of the challenge. Pay attention to the types of trades that I
attention to the types of trades that I am taking because I literally explain
am taking because I literally explain everything that I have just taught you
everything that I have just taught you inside of this video. Trend, area of
inside of this video. Trend, area of interest, and market structure. That is
interest, and market structure. That is what's going to lead you to be able to
what's going to lead you to be able to make a decision if a trade is good to
make a decision if a trade is good to take or not. So, let's get into it right
take or not. So, let's get into it right now. All right, guys. Good morning. It
now. All right, guys. Good morning. It is currently July 16th, Tuesday morning.
is currently July 16th, Tuesday morning. So, obviously, we stayed up last night
So, obviously, we stayed up last night about like 3 in the morningish. I stayed
about like 3 in the morningish. I stayed up to catch this trade and it was for no
up to catch this trade and it was for no reason. We are currently in the position
reason. We are currently in the position and this is literally the max that I can
and this is literally the max that I can honestly risk on the account. So last
honestly risk on the account. So last night, remember that I explained to you
night, remember that I explained to you guys that I was waiting for the market
guys that I was waiting for the market to have a body closure under this line
to have a body closure under this line right here. So we had that body
right here. So we had that body engulfing candlestick and then I pretty
engulfing candlestick and then I pretty much entered on the little quick
much entered on the little quick pullback of the next one. And now that
pullback of the next one. And now that was for no reason because all of London
was for no reason because all of London session as soon as I fell asleep
session as soon as I fell asleep literally did nothing. But the point is
literally did nothing. But the point is that now price is pulling back into the
that now price is pulling back into the area where we entered. Usually what
area where we entered. Usually what should happen is that as soon as we
should happen is that as soon as we enter the trade, it just goes down with
enter the trade, it just goes down with the momentum of the session. Well, now
the momentum of the session. Well, now we haven't. But it is what it is. Enter
we haven't. But it is what it is. Enter the trade. Set and forget. My prediction
the trade. Set and forget. My prediction is that now from here it is going to go
is that now from here it is going to go down. And as soon as I take the first
down. And as soon as I take the first position, obviously you have to risk
position, obviously you have to risk 100% of the account to even get out of
100% of the account to even get out of that hole. And I remember that I was in
that hole. And I remember that I was in draw down as soon as I took the trade.
draw down as soon as I took the trade. I'm like, ah, here we go. Starting off
I'm like, ah, here we go. Starting off bad. And I think we were in draw down
bad. And I think we were in draw down about 35 bucks right at the start. So
about 35 bucks right at the start. So then there it's either going to
then there it's either going to completely blow the account or skyrocket
completely blow the account or skyrocket me out of it so I can give me the
me out of it so I can give me the badness that I need to then take on the
badness that I need to then take on the next week and follow the goal that I
next week and follow the goal that I have for every single week.
have for every single week. So I got it 1 minute ago positive $15.
So I got it 1 minute ago positive $15. Now we are about to hit margin call on
Now we are about to hit margin call on the account 1 minute later.
the account 1 minute later. But trading is so funny. Oh my god.
But trading is so funny. Oh my god. But like always when the trade went into
But like always when the trade went into draw down I wasn't going to panic. I set
draw down I wasn't going to panic. I set and forget because worst case that can
and forget because worst case that can happen. I just blow 100 bucks and I
happen. I just blow 100 bucks and I start right again. And guess what
start right again. And guess what happened? Trade hit take profit.
happened? Trade hit take profit. Ladies and gentlemen, I'm sorry to
Ladies and gentlemen, I'm sorry to announce that
announce that we have reached the goal for the week
we have reached the goal for the week actively right now. We are currently up
actively right now. We are currently up $330.
$330. You guys can see here. Last night,
You guys can see here. Last night, literally what I said happened once
literally what I said happened once again. So look, check it out. GBP JPY
again. So look, check it out. GBP JPY right after that 1 hour bearish
right after that 1 hour bearish engulfing candlestick. Literally the
engulfing candlestick. Literally the whole momentum throughout London session
whole momentum throughout London session was that bearish move to the downside
was that bearish move to the downside had my takerit set at a 1 2 3.4
had my takerit set at a 1 2 3.4 risk-to-reward. So meaning if I risked
risk-to-reward. So meaning if I risked 100 bucks here then I would have made
100 bucks here then I would have made $340
$340 right here. As you guys can see that is
right here. As you guys can see that is literally the math that is happening
literally the math that is happening right now. candlestick is going to close
right now. candlestick is going to close in 15 minutes over here. So, I want to
in 15 minutes over here. So, I want to see how this candlestick closes right
see how this candlestick closes right here in 15 minutes. And then based off
here in 15 minutes. And then based off of that, I'll then make my decision. And
of that, I'll then make my decision. And let's see if we can then this week flip
let's see if we can then this week flip this $450 to then $800 or $900 because
this $450 to then $800 or $900 because that would put us really, really, really
that would put us really, really, really fast into the margin that we need to be
fast into the margin that we need to be in order for us to flip the $100 to the
in order for us to flip the $100 to the mail a lot faster. It's currently 2:30
mail a lot faster. It's currently 2:30 in the afternoon. Pretty much we closed
in the afternoon. Pretty much we closed at $437
at $437 in profit. You guys can see here the my
in profit. You guys can see here the my effect book pretty much how it's looking
effect book pretty much how it's looking currently of $437. These are pretty much
currently of $437. These are pretty much the fees we got to pay. These are the
the fees we got to pay. These are the orders. Well, there's nothing open right
orders. Well, there's nothing open right now. This is the history though. You
now. This is the history though. You guys can see here both positions that we
guys can see here both positions that we ended up taking. That's the profit that
ended up taking. That's the profit that we closed in. And now, same [ __ ] Gym
we closed in. And now, same [ __ ] Gym time. You know, it sucks. So, you only
time. You know, it sucks. So, you only get to drive one supercar now.
get to drive one supercar now. Lamborghini twin turbo just sold it.
Lamborghini twin turbo just sold it. Ybody is at the shop. The rear brake
Ybody is at the shop. The rear brake caliper is broken. They're fixing it.
caliper is broken. They're fixing it. The Porsche, I blew the second gear on
The Porsche, I blew the second gear on the Porsche drifting. Uh Rolls-Royce is
the Porsche drifting. Uh Rolls-Royce is finally getting them wrapped. Should be
finally getting them wrapped. Should be done today or tomorrow. What other car
done today or tomorrow. What other car do I have? The Maybag. I'm not going to
do I have? The Maybag. I'm not going to drive. Oh, yeah. Oh, I sold the Scat
drive. Oh, yeah. Oh, I sold the Scat Pack. Got rid of the Scat Pack. Scat
Pack. Got rid of the Scat Pack. Scat Pack is gone. That was probably the
Pack is gone. That was probably the dumbest thing I ever bought.
dumbest thing I ever bought. Yeah, the side by side.
Yeah, the side by side. The side by side is in the shop as well,
The side by side is in the shop as well, bro. Half of my fleet right now is in
bro. Half of my fleet right now is in the shop. I only get to drive a Ferrari
the shop. I only get to drive a Ferrari right now. [ __ ] We were up 430 bucks, I
right now. [ __ ] We were up 430 bucks, I think. And we hit the goal not only for
think. And we hit the goal not only for week one, but for week two. Meaning that
week one, but for week two. Meaning that I didn't have to execute a trade next
I didn't have to execute a trade next week or the week after because this one
week or the week after because this one trade because we set and forget and we
trade because we set and forget and we caught a 1 to three risk-to-reward, we
caught a 1 to three risk-to-reward, we outdid the profit that we were even
outdid the profit that we were even anticipating for this very same week
anticipating for this very same week just to get started. So, we were off to
just to get started. So, we were off to a very good start right at the
a very good start right at the beginning. So, since the week was off to
beginning. So, since the week was off to a good start, I pretty much came to the
a good start, I pretty much came to the executive decision that, you know what,
executive decision that, you know what, we hit the goal, not only for this week,
we hit the goal, not only for this week, but for next week. We're done for the
but for next week. We're done for the week. Let's not get greedy. Let's not
week. Let's not get greedy. Let's not chase any trades. Let's just set and
chase any trades. Let's just set and forget for the rest of the week. And
forget for the rest of the week. And next week, we'll come back with new
next week, we'll come back with new fresh market, new fresh mindset, and
fresh market, new fresh mindset, and then we'll pick up on the goal, which is
then we'll pick up on the goal, which is going to be then taking $400 to about
going to be then taking $400 to about $900. So, then that's exactly what we
$900. So, then that's exactly what we did. We did not take any other
did. We did not take any other opportunities, and then the next week,
opportunities, and then the next week, we started off fresh with a new goal.
we started off fresh with a new goal. And if we were to hit it, we're then
And if we were to hit it, we're then ahead three weeks in the challenge,
ahead three weeks in the challenge, which is absolutely beautiful.
which is absolutely beautiful. It's week two of me trying to turn a
It's week two of me trying to turn a $100 into a million day trade.
$100 into a million day trade. So, like always, we started off the week
So, like always, we started off the week on Sunday swings, analyzing the top two,
on Sunday swings, analyzing the top two, top three markets that we're going to be
top three markets that we're going to be trading for the week. And we found some
trading for the week. And we found some solid markets where it can probably even
solid markets where it can probably even more double the account.
more double the account. Account is still on $437.
Account is still on $437. We got, I think, seven solid markets in
We got, I think, seven solid markets in the markets. Seven solid markets in the
the markets. Seven solid markets in the markets. A lot of markets. A lot of
markets. A lot of markets. A lot of [ __ ] money. USD JPY. So USD JPY has a
[ __ ] money. USD JPY. So USD JPY has a very clean left head kind of right
very clean left head kind of right shoulder action going around here. We
shoulder action going around here. We broke the neckline. Now we are retesting
broke the neckline. Now we are retesting the neckline of the head and shoulders
the neckline of the head and shoulders along with the 1 hour EMA. 4hour time
along with the 1 hour EMA. 4hour time frame looks absolutely phenomenal. We're
frame looks absolutely phenomenal. We're having a beautiful 1 hour bearish
having a beautiful 1 hour bearish engulfing candlestick. Looks like we're
engulfing candlestick. Looks like we're having that pullback to retest that
having that pullback to retest that previous structure level. And then the
previous structure level. And then the daily time frame does not get any
daily time frame does not get any cleaner than this daily previous
cleaner than this daily previous structure level. daily EMA. And then you
structure level. daily EMA. And then you guys can look left. It is obviously a
guys can look left. It is obviously a level of resistance whenever we're under
level of resistance whenever we're under a level of resistance whenever we're
a level of resistance whenever we're under. And this line right here, what is
under. And this line right here, what is it? You may be asking a round
it? You may be asking a round psychological level 157,500 or like the
psychological level 157,500 or like the smart money concept guys would call it
smart money concept guys would call it an order block. Potato potato. This is a
an order block. Potato potato. This is a round psychological level with an area
round psychological level with an area of interest. So this trade is my number
of interest. So this trade is my number one trade that I'm going to be
one trade that I'm going to be interested in taking this week. All I'm
interested in taking this week. All I'm really waiting for on this market. So
really waiting for on this market. So earlier this week, what I was waiting
earlier this week, what I was waiting for was this break. So that break
for was this break. So that break already happened and now this pullback
already happened and now this pullback is actively happening. So I just got to
is actively happening. So I just got to wait for price to go back into this area
wait for price to go back into this area so I can actually enter this trade. We
so I can actually enter this trade. We took the trade which was on USD JPY I
took the trade which was on USD JPY I believe.
believe. Yo
yo. Oh,
Oh, [ __ ] with me. Huh? [ __ ] with me.
[ __ ] with me. Huh? [ __ ] with me. Literally USD JPY as simple and as
Literally USD JPY as simple and as effective as it is. Look at this [ __ ]
effective as it is. Look at this [ __ ] We literally had the retest perfectly to
We literally had the retest perfectly to the area of interest. The marabuzu
the area of interest. The marabuzu tweezer top rejection bearish engulfing
tweezer top rejection bearish engulfing candlestick. I keep telling you, you
candlestick. I keep telling you, you need an engulfing candlestick to enter a
need an engulfing candlestick to enter a sell or a bullish engulfing to enter a
sell or a bullish engulfing to enter a buy. I'm laughing cuz the mic is moving.
buy. I'm laughing cuz the mic is moving. So, the point is that we're in this
So, the point is that we're in this trade right now. Literally, we already
trade right now. Literally, we already at $550.
at $550. If this [ __ ] hits that take profit,
If this [ __ ] hits that take profit, we'll probably be at like two threek. It
we'll probably be at like two threek. It will probably even break the goal for
will probably even break the goal for the week that we've been anticipating.
the week that we've been anticipating. So, for now, just gonna
So, for now, just gonna set forget. But it was taking a little
set forget. But it was taking a little bit long. So, I'm not going to sit in
bit long. So, I'm not going to sit in front of the computer all day and
front of the computer all day and basically do nothing. I just exactly
basically do nothing. I just exactly what I said at the beginning of the
what I said at the beginning of the challenge. I'm going to go play
challenge. I'm going to go play basketball. I'm going to go hit the gym.
basketball. I'm going to go hit the gym. I'm going to go live my normal life so
I'm going to go live my normal life so it doesn't affect my psychology and I
it doesn't affect my psychology and I can always have a fresh mindset when I'm
can always have a fresh mindset when I'm actually going to execute a trade. and I
actually going to execute a trade. and I treat the markets one thing and then my
treat the markets one thing and then my life, my personal life is a completely
life, my personal life is a completely other thing.
other thing. You can either literally make us or
You can either literally make us or break us. It is currently 8:00 p.m.
break us. It is currently 8:00 p.m. Miami time. So, I think it's like about
Miami time. So, I think it's like about 2 hours or an hour and a half from the
2 hours or an hour and a half from the last time I updated you guys. And set
last time I updated you guys. And set and forget. Now, what we're going to go
and forget. Now, what we're going to go do is pick up Jordan. And for those of
do is pick up Jordan. And for those of you guys that don't know who Jordan is,
you guys that don't know who Jordan is, he's actually one of my top students
he's actually one of my top students where about 6 years ago, he was actually
where about 6 years ago, he was actually working at aviation in a place like
working at aviation in a place like this, but he wasn't flying the
this, but he wasn't flying the airplanes, he was fixing them. He was a
airplanes, he was fixing them. He was a mechanic fixing the planes that were
mechanic fixing the planes that were broken down, probably making 50 60k a
broken down, probably making 50 60k a year. And he didn't want to live that
year. And he didn't want to live that life. He wanted to have a obviously
life. He wanted to have a obviously successful life. And because of the set
successful life. And because of the set and forget strategy, he managed to not
and forget strategy, he managed to not only get out of his job, but make
only get out of his job, but make trading his main source of income in
trading his main source of income in just under two years, which is
just under two years, which is absolutely legendary. And over time, we
absolutely legendary. And over time, we become really, really close friends. So
become really, really close friends. So Jordan obviously, you know, is battling
Jordan obviously, you know, is battling cancer and stuff, and his legs get
cancer and stuff, and his legs get really, really swollen and I have a cold
really, really swollen and I have a cold plunge. So cold water helps with
plunge. So cold water helps with inflammation. We're going to put him
inflammation. We're going to put him inside the cold plunge in about like 20
inside the cold plunge in about like 20 30 minutes. So, we're going to pick him
30 minutes. So, we're going to pick him up now and show you guys the whole
up now and show you guys the whole drink. All right, so this is Jordan.
drink. All right, so this is Jordan. We're going to take him out to the cold
We're going to take him out to the cold plunge. It's going to suck, bro.
plunge. It's going to suck, bro. It's going to suck.
It's going to suck. It's cold, right?
It's cold, right? Cold plunge,
Cold plunge, dude. It's going to [ __ ] suck. But
dude. It's going to [ __ ] suck. But I'm telling you, you're going to get on,
I'm telling you, you're going to get on, you're going to feel [ __ ] amazing.
you're going to feel [ __ ] amazing. So, you know, we would pick him up, take
So, you know, we would pick him up, take him to the cold plunge, and then drop
him to the cold plunge, and then drop him back off. He actually gave me some
him back off. He actually gave me some Mike Tyson signed gloves, which is super
Mike Tyson signed gloves, which is super sick because, you know, Mike Tyson's a
sick because, you know, Mike Tyson's a legend.
legend. I told you I got something. It just came
I told you I got something. It just came a little late.
a little late. Oh [ __ ] Oh [ __ ]
No way. Signed by the boy.
Signed by the boy. For me, it's a representation of Jordan
For me, it's a representation of Jordan because he's a fighter fighting through
because he's a fighter fighting through what he's doing. And obviously, Mike
what he's doing. And obviously, Mike Tyson is one of the most legendary
Tyson is one of the most legendary fighters. So, it's actually pretty cool
fighters. So, it's actually pretty cool to have boxing gloves signed directly
to have boxing gloves signed directly from him. All right, guys. So, trade
from him. All right, guys. So, trade update. We just left the gym right now.
update. We just left the gym right now. Trade update. It's currently 12:30 in
Trade update. It's currently 12:30 in the afternoon. So, like I mentioned
the afternoon. So, like I mentioned earlier, if that daily candlestick
earlier, if that daily candlestick closes under that previous structure
closes under that previous structure level, we're pretty much going to set
level, we're pretty much going to set and forget this [ __ ] for a very long
and forget this [ __ ] for a very long time. 4 hours looking good. We are now
time. 4 hours looking good. We are now currently up about $1,200 on the
currently up about $1,200 on the account. So, going to continue to set
account. So, going to continue to set and forget. I think I was already about
and forget. I think I was already about like $1,200, $1,300 bucks. And I had a
like $1,200, $1,300 bucks. And I had a decision to make. I can either close
decision to make. I can either close there and hit my takeprofit for the week
there and hit my takeprofit for the week or I can logically look at the markets
or I can logically look at the markets and realize that my analysis and my
and realize that my analysis and my strategy is indicating to me that this
strategy is indicating to me that this trade is going to have a much higher
trade is going to have a much higher risk-to-reward ratio. So, what would I
risk-to-reward ratio. So, what would I do? The whole reason of me entering a
do? The whole reason of me entering a trade is to capitalize the most I can
trade is to capitalize the most I can from the gains. All right, guys. Trade
from the gains. All right, guys. Trade update. It is currently 317 in the
update. It is currently 317 in the afternoon and we are up about,600
afternoon and we are up about,600 on the trade. And you guys can see here
on the trade. And you guys can see here that the market is about to close. Well,
that the market is about to close. Well, you guys can see that the market is
you guys can see that the market is about to close in 2 hours. So, this
about to close in 2 hours. So, this daily candlestick will close about an
daily candlestick will close about an hour 42 minutes and it's honestly going
hour 42 minutes and it's honestly going a lot faster than I anticipated and
a lot faster than I anticipated and we're definitely going to close under
we're definitely going to close under that previous structure level. This is
that previous structure level. This is why you set and forget your take profit.
why you set and forget your take profit. You never put a takerit. You always put
You never put a takerit. You always put a stop loss to minimize your losses. You
a stop loss to minimize your losses. You never put a takerit. You never want to
never put a takerit. You never want to minimize your losses. So, this trade, we
minimize your losses. So, this trade, we just continue to hold and set and
just continue to hold and set and forget. And this is where I'm preaching
forget. And this is where I'm preaching to all of my students. I'm actively
to all of my students. I'm actively monitoring the markets, seeing how much
monitoring the markets, seeing how much more can we continue to go in one
more can we continue to go in one direction because I'm a protrend trader.
direction because I'm a protrend trader. I trade with all the time frames in my
I trade with all the time frames in my favor. So the trade continues to go in
favor. So the trade continues to go in that direction on the long run. You want
that direction on the long run. You want to trade with the trend. The trend is
to trade with the trend. The trend is your friend. So in here is where I
your friend. So in here is where I continue to set and forget and analyze
continue to set and forget and analyze the markets. And the trade went from
the markets. And the trade went from a,000 in profit to 2,000.
a,000 in profit to 2,000. Currently have about $1600 on the
Currently have about $1600 on the account. So we're up $2,000 to 3,000.
account. So we're up $2,000 to 3,000. God damn.
God damn. Wow, bro. Wow.
Wow, bro. Wow. How long did it take you last year to do
How long did it take you last year to do this?
this? This is probably almost a month last
This is probably almost a month last year. That shows you how much better of
year. That shows you how much better of a trader I've become. I'm so much less
a trader I've become. I'm so much less attached to the profits and of the money
attached to the profits and of the money behind this, bro. That's crazy, dude.
behind this, bro. That's crazy, dude. And keep in mind, goal for the week was
And keep in mind, goal for the week was 900. So, if I close at this point, I'm
900. So, if I close at this point, I'm ahead by six weeks in the challenge,
ahead by six weeks in the challenge, cutting the end goal of training the 100
cutting the end goal of training the 100 into the million to then maybe in two
into the million to then maybe in two months. So, at this point, I'm [ __ ]
months. So, at this point, I'm [ __ ] hyped. So, then as we're like halfway
hyped. So, then as we're like halfway through the week, I'm basically living
through the week, I'm basically living my normal life, drifting, um going out
my normal life, drifting, um going out to the gym, just doing whatever I got to
to the gym, just doing whatever I got to do. I realize that, you know what, 3K
do. I realize that, you know what, 3K more than enough. I can see the trade
more than enough. I can see the trade that it can potentially have a reversal
that it can potentially have a reversal because the structure is starting to
because the structure is starting to shift. So, I closed my profits there.
shift. So, I closed my profits there. You guys can see right here that the
You guys can see right here that the account is at officially $3,000. You
account is at officially $3,000. You guys can see here on the my effects book
guys can see here on the my effects book pretty much uh where we started the
pretty much uh where we started the account with the current balance. This
account with the current balance. This updated two days ago. You guys can see
updated two days ago. You guys can see here the history. These are all the
here the history. These are all the trades that we have taken. Obviously,
trades that we have taken. Obviously, two trades on GP JPY, one trade on USD
two trades on GP JPY, one trade on USD JPY. And I did not take any more trades
JPY. And I did not take any more trades for the week on week two because I'm
for the week on week two because I'm well past the profit that I need.
well past the profit that I need. There's no reason on me to go chase and
There's no reason on me to go chase and add new trades. So, I simply set and
add new trades. So, I simply set and forget and then we pulled up to the next
forget and then we pulled up to the next week where then the goal was to take 3K
week where then the goal was to take 3K to 6K. Last week, we turned $437
to 6K. Last week, we turned $437 into $3,000. Same thing as always,
into $3,000. Same thing as always, getting on Sunday swings, analyzing the
getting on Sunday swings, analyzing the markets with my students, finding the
markets with my students, finding the top two, top three markets that I'm
top two, top three markets that I'm going to be trading with that very week.
going to be trading with that very week. Then my goal is to take 3K to 6K. And at
Then my goal is to take 3K to 6K. And at this point in the challenge where I'm at
this point in the challenge where I'm at 3K, I no longer have to risk 100% of the
3K, I no longer have to risk 100% of the account cuz one, I'm already ahead by 4
account cuz one, I'm already ahead by 4 weeks. And my goal once I get to about 3
weeks. And my goal once I get to about 3 to 5K is to minimize my risk on the
to 5K is to minimize my risk on the account to about 50 to 75%. Meaning if I
account to about 50 to 75%. Meaning if I take a losing trade, I don't start back
take a losing trade, I don't start back at zero. At least I still have some
at zero. At least I still have some ammunition to then kick back and get
ammunition to then kick back and get started right where I was for the profit
started right where I was for the profit that I should be for that week. So in my
that I should be for that week. So in my mindset, technically, yes, I did lose
mindset, technically, yes, I did lose some time, but I lost time that I
some time, but I lost time that I gained, not time that I where I should
gained, not time that I where I should actually be in the challenge. So for
actually be in the challenge. So for example, let's say I took a loss on the
example, let's say I took a loss on the 3K account and I'm go back to the 900.
3K account and I'm go back to the 900. Well, it's technically where I'm
Well, it's technically where I'm supposed to actually be for the
supposed to actually be for the challenge for that week. So, it gives me
challenge for that week. So, it gives me the freedom to be able to actually do
the freedom to be able to actually do that because I'm so ahead in the
that because I'm so ahead in the challenge.
challenge. All right, guys. So, market update. It
All right, guys. So, market update. It is currently 9:49 in the morning. We are
is currently 9:49 in the morning. We are officially in the trade. So, I literally
officially in the trade. So, I literally entered. Let me before that, let me show
entered. Let me before that, let me show you guys the time, right? So, what time
you guys the time, right? So, what time is it right now in Miami? I come over
is it right now in Miami? I come over here. I refresh the website. 9:49 in the
here. I refresh the website. 9:49 in the morning. So, literally to show you guys,
morning. So, literally to show you guys, we just entered the trade. So, look,
we just entered the trade. So, look, pull up here. So, you guys remember how
pull up here. So, you guys remember how I literally just mentioned that we were
I literally just mentioned that we were going to have a pull back into this
going to have a pull back into this level to then sell. So, we literally had
level to then sell. So, we literally had that pull back perfectly. I went exactly
that pull back perfectly. I went exactly to where I didn't go exactly to where I
to where I didn't go exactly to where I anticipated, but got really close. I
anticipated, but got really close. I entered it. And just to show you guys
entered it. And just to show you guys proof, I was just recording for
proof, I was just recording for Instagram right now. As soon as we enter
Instagram right now. As soon as we enter the trade, we're literally like using
the trade, we're literally like using margin and [ __ ] because we entered the
margin and [ __ ] because we entered the trade pretty much risked everything. So,
trade pretty much risked everything. So, I just wanted to show you guys that. But
I just wanted to show you guys that. But now, we're officially in the trade. We
now, we're officially in the trade. We are up $400 on it currently right now.
are up $400 on it currently right now. Like always, have to show you guys that
Like always, have to show you guys that it is a real account. So you guys can
it is a real account. So you guys can see right here that it is indeed a real
see right here that it is indeed a real account. You guys can see where the
account. You guys can see where the account is currently sitting and we're
account is currently sitting and we're currently now going to just wait. But I
currently now going to just wait. But I explained to you guys perfectly this. I
explained to you guys perfectly this. I explained to you guys the break and
explained to you guys the break and retest here. I entered at this next
retest here. I entered at this next retest where we should have waited for
retest where we should have waited for it here. We should have waited for the
it here. We should have waited for the break and retest here to then sell. But
break and retest here to then sell. But then this didn't happen here. But it did
then this didn't happen here. But it did happen here. We then entered after the
happen here. We then entered after the engulfing which ideally we should be
engulfing which ideally we should be entering up here. So then on week three,
entering up here. So then on week three, we started off with a new trade that we
we started off with a new trade that we took and we pretty much went straight
took and we pretty much went straight into draw down about 50% draw down in
into draw down about 50% draw down in the account, which is totally fine. I'm
the account, which is totally fine. I'm okay with it. I don't mind the swings.
okay with it. I don't mind the swings. But I continued to set and forget and
But I continued to set and forget and then the trade and the trend ended up
then the trade and the trend ended up going in the favor where I ended up
going in the favor where I ended up analyzing and then the trade actually
analyzing and then the trade actually went back into profit. We're about 5,000
went back into profit. We're about 5,000 floating in profit. Keep in mind, my
floating in profit. Keep in mind, my goal for the week is actually 6,000. And
goal for the week is actually 6,000. And like always, I'm updating my Telegram,
like always, I'm updating my Telegram, Discord, Instagram, every like I'm mass
Discord, Instagram, every like I'm mass social media blasting these trades
social media blasting these trades everywhere. So, I'm not the only person
everywhere. So, I'm not the only person that's in profit or in loss. Like,
that's in profit or in loss. Like, there's hundreds of thousands of traders
there's hundreds of thousands of traders all around the world looking at the same
all around the world looking at the same market that I am. People in Africa,
market that I am. People in Africa, people in London, people in the States
people in London, people in the States going through the same journey that I'm
going through the same journey that I'm going through because if I'm making
going through because if I'm making money, you're making money. But if I'm
money, you're making money. But if I'm losing money, you're losing money, too.
losing money, you're losing money, too. And I always have this belief that in
And I always have this belief that in order for you to receive, you have to
order for you to receive, you have to give. So, I'm at this point in the
give. So, I'm at this point in the challenge where I need to receive,
challenge where I need to receive, right? I got to make back some of these
right? I got to make back some of these profits. I'm like, you know what? Let me
profits. I'm like, you know what? Let me give my boy Sensei a little gift. A M
give my boy Sensei a little gift. A M Blanc pen. One of 10 in the world. So
Blanc pen. One of 10 in the world. So this is a very special edition watch. So
this is a very special edition watch. So this is a Muhammad Ali M Blanc watch. So
this is a Muhammad Ali M Blanc watch. So you see it has like Ali through here.
you see it has like Ali through here. And then you see the Muhammad Ali
And then you see the Muhammad Ali everywhere throughout here. You see the
everywhere throughout here. You see the Muhammad Ali everywhere throughout here.
Pen was like $3,000. I don't even think this guy appreciated that [ __ ] But you
this guy appreciated that [ __ ] But you know what? I don't care because when I
know what? I don't care because when I go look at my trade that same night, we
go look at my trade that same night, we were up about $9,000 on the account.
were up about $9,000 on the account. So, right now, we are currently floating
So, right now, we are currently floating about $6,000 in profit. The account is
about $6,000 in profit. The account is currently at $9,000 in equity. And you
currently at $9,000 in equity. And you guys can see this trade right here is
guys can see this trade right here is literally continuing the momentum to the
literally continuing the momentum to the downside. Just continuing this set and
downside. Just continuing this set and forget trend. That's why you got to
forget trend. That's why you got to trade with the trend. The trend is your
trade with the trend. The trend is your friend. So you guys can see the 4 hour
friend. So you guys can see the 4 hour close very strong. I am going to just
close very strong. I am going to just continue to hold this trade. Uh if
continue to hold this trade. Uh if tomorrow closes under this line right
tomorrow closes under this line right here, not this one. I'm just copy and
here, not this one. I'm just copy and pasting. If the candlestick closes under
pasting. If the candlestick closes under this line right there, we will probably
this line right there, we will probably turn this into over
turn this into over $15,000
$15,000 easily. So let's wait for now. Simply
easily. So let's wait for now. Simply just set and forget. So, if you want to
just set and forget. So, if you want to receive something, first you got to
receive something, first you got to give. And I actually put this to test
give. And I actually put this to test later throughout the journey and it came
later throughout the journey and it came back 10 times more. So, a little bit
back 10 times more. So, a little bit more on that later in the journey. And
more on that later in the journey. And then the usual happened every single
then the usual happened every single time. You set and forget. The trade
time. You set and forget. The trade ended up going to 15,000 [ __ ]
ended up going to 15,000 [ __ ] dollars. 15,500.
dollars. 15,500. So, exactly what I was mentioning to you
So, exactly what I was mentioning to you guys earlier. I have to see like you
guys earlier. I have to see like you can't just close a trade right away,
can't just close a trade right away, right? Cuz you got to look. So,
right? Cuz you got to look. So, obviously, we're going to close a trade
obviously, we're going to close a trade because we wanted it to close under this
because we wanted it to close under this line. Well, under this right here and
line. Well, under this right here and actively looks like we are piercing
actively looks like we are piercing through that. So, this candlestick
through that. So, this candlestick closes in the next five minutes as you
closes in the next five minutes as you can see right over here. And if this
can see right over here. And if this candlestick closes under this line, it
candlestick closes under this line, it will mean that it closes under this
will mean that it closes under this structure point. And then there, I truly
structure point. And then there, I truly do believe that it could then easily go
do believe that it could then easily go from here to then this point right here.
from here to then this point right here. So, right now, we literally got to wait
So, right now, we literally got to wait the next 5 minutes. If it closes above
the next 5 minutes. If it closes above like that, I'm going to close it right
like that, I'm going to close it right then and there. If not, I'll squeeze it
then and there. If not, I'll squeeze it in for the little bit extra right here.
in for the little bit extra right here. And just to show you guys, we're up
And just to show you guys, we're up about 15,100
about 15,100 right now. [ __ ] bro.
right now. [ __ ] bro. Trey started reversing on me, dude. Look
Trey started reversing on me, dude. Look at this, bro. [ __ ] Trey started
at this, bro. [ __ ] Trey started reversing. We were up like 15,000 here
reversing. We were up like 15,000 here and now, bro.
and now, bro. Like I said, I forget too much, bro.
Like I said, I forget too much, bro. It's like we closed the trade like 2
It's like we closed the trade like 2 hours ago. So, right now, it's currently
hours ago. So, right now, it's currently 12:30 in the afternoon. Right here, you
12:30 in the afternoon. Right here, you guys can see where the account is. It's
guys can see where the account is. It's officially closed at $15,000.
officially closed at $15,000. You guys can see right here in the
You guys can see right here in the history. So, you guys can see that we
history. So, you guys can see that we officially closed this trade at $12,200
officially closed this trade at $12,200 in profit. So, we closed it earlier,
in profit. So, we closed it earlier, literally as soon as I told you guys,
literally as soon as I told you guys, pretty much after it closed that line.
pretty much after it closed that line. So, it did make it all the way up to
So, it did make it all the way up to this structure point and then it had a
this structure point and then it had a reaction. So, pretty much exactly what I
reaction. So, pretty much exactly what I explained, it's going to have a reaction
explained, it's going to have a reaction from that structure point right here.
from that structure point right here. And if we follow this line, it's exactly
And if we follow this line, it's exactly what it did. So, our entry points are as
what it did. So, our entry points are as precise as they get. Our stop losses,
precise as they get. Our stop losses, our takerit, everything with the seven
our takerit, everything with the seven figure strategy, [ __ ] sniper. Yo, the
figure strategy, [ __ ] sniper. Yo, the goal for the week was 6 grand. We are at
goal for the week was 6 grand. We are at $15,000.
$15,000. So, if we were to close at 6 grand this
So, if we were to close at 6 grand this week, the goal for next week was to turn
week, the goal for next week was to turn 6 to 12. So, we just did this week and
6 to 12. So, we just did this week and next week's goal. Oh, [ __ ] We should go
next week's goal. Oh, [ __ ] We should go on a vacation.
on a vacation. We're ahead of schedule.
We're ahead of schedule. We should just [ __ ] off for 2 weeks,
We should just [ __ ] off for 2 weeks, right?
right? Keep in mind, I'm looking at the numbers
Keep in mind, I'm looking at the numbers on the screen because you guys like to
on the screen because you guys like to see it. I hate looking at the Metatrader
see it. I hate looking at the Metatrader and the money go up and down. I hate it.
and the money go up and down. I hate it. It [ __ ] with your mind. I only like
It [ __ ] with your mind. I only like looking at the charts because what
looking at the charts because what happens in the charts directly
happens in the charts directly correlates with what's happening on the
correlates with what's happening on the numbers. What happens on the numbers
numbers. What happens on the numbers does not mean that that affects the
does not mean that that affects the charts. The charts affects the numbers.
charts. The charts affects the numbers. I only like looking at the charts
I only like looking at the charts because I can make a logical decision
because I can make a logical decision based off of the price action. I can't
based off of the price action. I can't make a logical decision based off of me
make a logical decision based off of me being up 5,000 or 6,000. What connection
being up 5,000 or 6,000. What connection does that have to the charts? Zero. So,
does that have to the charts? Zero. So, I started implementing that and
I started implementing that and educating people on it. And they
educating people on it. And they everybody kind of had like a oh, an aha
everybody kind of had like a oh, an aha moment. They're like, oh, you know what?
moment. They're like, oh, you know what? That does make sense. I should only look
That does make sense. I should only look at the charts and not the numbers
at the charts and not the numbers because if you focus on the structure,
because if you focus on the structure, the structure is going to equal the
the structure is going to equal the money. This is like the prime where I
money. This is like the prime where I was in the challenge in terms of ahead.
was in the challenge in terms of ahead. Like I had so much time ahead of what I
Like I had so much time ahead of what I anticipated to have that I felt like the
anticipated to have that I felt like the king of the world at this point. So we
king of the world at this point. So we ended off week three closing at about
ended off week three closing at about $15,000 in profit where then the goal
$15,000 in profit where then the goal for next week was to then take the 15k
for next week was to then take the 15k to then 30k. It's week four of me
to then 30k. It's week four of me turning $100 into a million. Last week
turning $100 into a million. Last week we were trying to turn $3,000 up to
we were trying to turn $3,000 up to $6,000. Now the next week actually
$6,000. Now the next week actually started off kind of slow. No trades
started off kind of slow. No trades towards the beginning of the week. So,
towards the beginning of the week. So, we kind of just had fun. Jim, drift. Uh,
we kind of just had fun. Jim, drift. Uh, I think I bought a dope art piece from
I think I bought a dope art piece from Atlanta. Atlanta just pulled up. So,
Atlanta. Atlanta just pulled up. So, Atlanta just did a collab with Trump
Atlanta just did a collab with Trump where he pulled up. He actually signed
where he pulled up. He actually signed one of the paintings that he did. I
one of the paintings that he did. I actually have a bunch of Atlanta paint
actually have a bunch of Atlanta paint throughout my entire house. But, I just
throughout my entire house. But, I just got two new posters. Going to give one
got two new posters. Going to give one to one of my family members are all
to one of my family members are all about Trump and I want to put one on the
about Trump and I want to put one on the wall. I think this is a legendary ass
wall. I think this is a legendary ass picture and then Arana did itself. Let's
picture and then Arana did itself. Let's go check it out.
go check it out. Oh [ __ ] So, this came in a frame with
Oh [ __ ] So, this came in a frame with everything.
everything. Yeah. You got the first two. Literally
Yeah. You got the first two. Literally the first two.
the first two. Okay.
So that's that's basically where he signed it on the on the original one.
signed it on the on the original one. Yeah. But this that's my signature.
Yeah. But this that's my signature. Oh, okay. So yeah, but he said like
Oh, okay. So yeah, but he said like somewhere.
somewhere. Exactly. Yeah.
Exactly. Yeah. Okay. Oh, wait. So this is one out of
Okay. Oh, wait. So this is one out of 47.
47. Yeah. One and that's two
Yeah. One and that's two and two out of 47.
and two out of 47. Oh [ __ ] So I got the real
appreciate you, bro. This is lit. So, for people that don't know, I was the
for people that don't know, I was the first person that trusted our lander to
first person that trusted our lander to paint a Lamborghin.
It's crazy. He hit me up. He was like, "Yo, I'm
He hit me up. He was like, "Yo, I'm going to do art basel." What was that?
going to do art basel." What was that? 2020
2020 2022.
2022. 2022.
2022. So, yo, I want I want to paint your
So, yo, I want I want to paint your Lambo and Art Basel. And I'm like, dog,
Lambo and Art Basel. And I'm like, dog, I don't know. Sounds a little crazy. I'm
I don't know. Sounds a little crazy. I'm like, you know what? [ __ ] it. Let's do
like, you know what? [ __ ] it. Let's do two Lambo. So, we did my hood and it was
two Lambo. So, we did my hood and it was Sensei's whole entire.
Sensei's whole entire. Mhm.
Mhm. Then we did the rolls.
Then we did the rolls. The Dawn.
The Dawn. Oh, yeah. That's right. the D.
Oh, yeah. That's right. the D. Look, I you know I have this painting.
Look, I you know I have this painting. Oh, the Kobe.
Oh, the Kobe. Yeah.
Yeah. Damn. I haven't seen this one minute.
Damn. I haven't seen this one minute. Yeah. Yeah. Jordan gifted me this one.
Yeah. Yeah. Jordan gifted me this one. Yeah, I remember that.
Yeah, I remember that. But then the unexpected happened. Well,
But then the unexpected happened. Well, kind of expected because I started
kind of expected because I started getting bored in the challenge. I'm so
getting bored in the challenge. I'm so ahead. I feel like Superman. I'm winning
ahead. I feel like Superman. I'm winning every trade. I'm ahead by four or five
every trade. I'm ahead by four or five weeks. I feel like I can take any trade.
weeks. I feel like I can take any trade. So, the market wasn't giving me protrend
So, the market wasn't giving me protrend trades, meaning having markets that have
trades, meaning having markets that have every single time frame in the favor to
every single time frame in the favor to trade with and there was just nothing
trade with and there was just nothing available that checked out everything in
available that checked out everything in my trading plan. I had to do something
my trading plan. I had to do something degenerate, take trades that I shouldn't
degenerate, take trades that I shouldn't be taking. All right, guys. Market
be taking. All right, guys. Market update. So, I spent the morning kind of
update. So, I spent the morning kind of just focusing, locking in, diving on
just focusing, locking in, diving on this trade to see if I was making the
this trade to see if I was making the right decision because we have
right decision because we have officially taken the most degenerate
officially taken the most degenerate trade of the whole entire [ __ ]
trade of the whole entire [ __ ] challenge. The biggest counter trend
challenge. The biggest counter trend trade. It's such a den trade that I did
trade. It's such a den trade that I did not risk 100%. I risked 20% on this
not risk 100%. I risked 20% on this trade. So, to show you guys currently
trade. So, to show you guys currently market update and we are negative about
market update and we are negative about $500 cuz we literally just entered the
$500 cuz we literally just entered the trade as the candlestick just closed
trade as the candlestick just closed right now. So yesterday on EuroUSD, I'm
right now. So yesterday on EuroUSD, I'm sure you guys can remember that I was
sure you guys can remember that I was anticipating for price to have a sell
anticipating for price to have a sell from this point up here to then reject
from this point up here to then reject and then for price to actually make it
and then for price to actually make it all the way down here to then have the
all the way down here to then have the actual buy on EuroUSD because we're
actual buy on EuroUSD because we're anticipating for Euro USD to make it all
anticipating for Euro USD to make it all the way down here, reject this level,
the way down here, reject this level, and then head to the upside. Since we
and then head to the upside. Since we broke out, we never retested it. So
broke out, we never retested it. So we're expecting for that retest. And
we're expecting for that retest. And here on the 1 hour you can very very
here on the 1 hour you can very very clearly see that we are creating a
clearly see that we are creating a potential left head right shoulder.
potential left head right shoulder. Again it's not a confirmed right
Again it's not a confirmed right shoulder and so we don't break under
shoulder and so we don't break under this neckline but I believe what it's
this neckline but I believe what it's creating right here it's such a strong
creating right here it's such a strong level of accumulation looks like a 1
level of accumulation looks like a 1 hour double top 30 minute time frame. I
hour double top 30 minute time frame. I see it I almost see it like squeezing
see it I almost see it like squeezing into this inwards uh triangle whatever
into this inwards uh triangle whatever you want to call this. Again, I hate
you want to call this. Again, I hate trend lines and I hate all this stuff
trend lines and I hate all this stuff cuz they're very subjective, but you can
cuz they're very subjective, but you can literally see how price is squeezing
literally see how price is squeezing into this area. And I personally believe
into this area. And I personally believe it's going to have more of a reason to
it's going to have more of a reason to burst down than burst up. I could be
burst down than burst up. I could be completely wrong because I don't believe
completely wrong because I don't believe that this area that is rejecting from
that this area that is rejecting from right now is going to be the area to
right now is going to be the area to continue pushing to the upside. I think
continue pushing to the upside. I think such a strong move like this has to have
such a strong move like this has to have a deeper retracement before actually
a deeper retracement before actually heading to the upside. So when I go down
heading to the upside. So when I go down to the 4our, this 4hour candlestick
to the 4our, this 4hour candlestick still has about 3 hours to close and the
still has about 3 hours to close and the last one closes a very indecisive
last one closes a very indecisive candle. I think this next one can engulf
candle. I think this next one can engulf close under this which then on the 1
close under this which then on the 1 hour, it'll give us the break under this
hour, it'll give us the break under this neckline of the head and shoulders. If
neckline of the head and shoulders. If you notice, I put my stop loss a little
you notice, I put my stop loss a little bit right above this level because if we
bit right above this level because if we pretty much break above this, the trade
pretty much break above this, the trade is just going to keep going to the
is just going to keep going to the upside.
upside. Oh, that that doesn't seem very good.
Oh, that that doesn't seem very good. I'm not good.
I'm not good. I mean, I called it, you know, I don't
I mean, I called it, you know, I don't really care. Um, I'm glad that I ended
really care. Um, I'm glad that I ended up getting that out of my system. I'm a
up getting that out of my system. I'm a [ __ ] idiot, bro. Like, I mean,
[ __ ] idiot, bro. Like, I mean, technically, we're still in the trade,
technically, we're still in the trade, right? So, it could clearly reject this
right? So, it could clearly reject this level right here, so it can literally
level right here, so it can literally have the same reaction to the downside
have the same reaction to the downside and then this same reaction to the
and then this same reaction to the downside. That's why I'm very strategic
downside. That's why I'm very strategic with my stop-loss placement. But, the
with my stop-loss placement. But, the trade that I should be taking is at the
trade that I should be taking is at the break and retest from the neckline of
break and retest from the neckline of the head and shoulders. Like, I know
the head and shoulders. Like, I know this. I I know this, you know, I just
this. I I know this, you know, I just decided to want to get involved. But,
decided to want to get involved. But, I'm not mad. doesn't really set us back
I'm not mad. doesn't really set us back much in the challenge. There's an
much in the challenge. There's an unnecessary loss. Well, not a loss yet,
unnecessary loss. Well, not a loss yet, but it's just a trade update. So, it's
but it's just a trade update. So, it's just like an hour later from the last
just like an hour later from the last time that we took the trade. So,
yeah. Now, we just got to wait. And this is what a lot of you guys do. A lot of
is what a lot of you guys do. A lot of you guys do this. A lot of you guys will
you guys do this. A lot of you guys will take trades that you shouldn't be
take trades that you shouldn't be taking, but you guys won't put the blame
taking, but you guys won't put the blame on yourself or hold yourself
on yourself or hold yourself accountable. I know exactly what I did.
accountable. I know exactly what I did. I did the wrong thing. Now, do I accept
I did the wrong thing. Now, do I accept it? 100%. You guys, when you do the
it? 100%. You guys, when you do the wrong things, you don't accept it.
wrong things, you don't accept it. You're ready to put the blame on the on
You're ready to put the blame on the on someone's strategy, on the markets, on
someone's strategy, on the markets, on anything but yourself. That's what once
anything but yourself. That's what once you start having that self-recognition
you start having that self-recognition is once you start developing a
is once you start developing a nonchalant character for trading in the
nonchalant character for trading in the markets. And that's how you truly become
markets. And that's how you truly become successful because you realize that your
successful because you realize that your success, whatever the outcome is,
success, whatever the outcome is, successful or not, is 100% because of
successful or not, is 100% because of you, not because of another outsource.
you, not because of another outsource. Like I'm the one that clicked the sell
Like I'm the one that clicked the sell button. The phone didn't click it just
button. The phone didn't click it just for me, you know? So, for now, set up
for me, you know? So, for now, set up for
for I can't do this one.
We took the first [ __ ] loss in the 100 to the middle count.
[ __ ] man. And uh yeah, first loss in the challenge and I said, you know what,
the challenge and I said, you know what, this loss isn't because of my strategy.
this loss isn't because of my strategy. My strategy works. There was just no
My strategy works. There was just no opportunities that week that align with
opportunities that week that align with my strategy. I decided to be a slick
my strategy. I decided to be a slick ass, wanted to be smart, and take trades
ass, wanted to be smart, and take trades that I shouldn't because I was bored,
that I shouldn't because I was bored, because I felt like I was Superman. And
because I felt like I was Superman. And this is the week where I decided to
this is the week where I decided to implement a punishment. every single
implement a punishment. every single time I break my trading plan, I then
time I break my trading plan, I then have to do something in order so I hold
have to do something in order so I hold myself accountable because again,
myself accountable because again, there's hundreds of thousands of people
there's hundreds of thousands of people watching these videos, uh, following all
watching these videos, uh, following all the trades, making money with me, losing
the trades, making money with me, losing money with me. And I don't mind losing
money with me. And I don't mind losing money if I am following my trading plan.
money if I am following my trading plan. But if I'm breaking my trading plan, I
But if I'm breaking my trading plan, I do mind losing money because I shouldn't
do mind losing money because I shouldn't not be doing that. I should only lose
not be doing that. I should only lose money when I follow my trading plan. So
money when I follow my trading plan. So whenever I don't follow my trading plan,
whenever I don't follow my trading plan, there has to be a punishment. And that's
there has to be a punishment. And that's where the beetle came in. I have owned
where the beetle came in. I have owned Lamborghinis,
Lamborghinis, Ferraris, Porsches,
Ferraris, Porsches, Rolls-Royces,
Rolls-Royces, McLaren,
McLaren, McLar bro, McLaren. How can I forget
McLar bro, McLaren. How can I forget about that? But this right here is going
about that? But this right here is going to put the biggest smile on my face.
to put the biggest smile on my face. Biggest.
Biggest. Don't show them just yet.
Don't show them just yet. This right here is my new
This right here is my new masterpiece.
Yes, bro.
bro. Perfect. Perfect.
Perfect. Perfect. Oh,
Oh, yeah. We're getting a haircut on
yeah. We're getting a haircut on Thursday night instead of tomorrow. We
Thursday night instead of tomorrow. We always get a haircut Friday morning.
always get a haircut Friday morning. We're getting one tonight cuz Eric is
We're getting one tonight cuz Eric is not available.
not available. [Music]
What the [ __ ] is that? What do you mean, bro? What is that [ __ ] My new part.
bro? What is that [ __ ] My new part. You don't like it? That's fake. That's
You don't like it? That's fake. That's fake. Just park up. Park up.
fake. Just park up. Park up. [Music]
[Music] Let me Let me explain to you guys the
Let me Let me explain to you guys the real moral behind this car right here.
real moral behind this car right here. So, this is so I follow my trading plan
So, this is so I follow my trading plan and my trading rules. Obviously, I have
and my trading rules. Obviously, I have a [ __ ] ton of cool cars, but this is
a [ __ ] ton of cool cars, but this is going to humble me every single time I
going to humble me every single time I break my trading plan. This week, I have
break my trading plan. This week, I have broken my trading plan twice. Meaning
broken my trading plan twice. Meaning every single time I break my trading
every single time I break my trading plan, I cannot drive any of my cars for
plan, I cannot drive any of my cars for 24 hours. The only car that I can drive
24 hours. The only car that I can drive is this for 24 hours. So what is that
is this for 24 hours. So what is that going to incentivize me to do? To not
going to incentivize me to do? To not break my trading plan. Every single time
break my trading plan. Every single time I break my trading plan, I have to drive
I break my trading plan, I have to drive this for 24 hours. That's just the price
this for 24 hours. That's just the price and the consequence that I have to pay.
and the consequence that I have to pay. What do you think?
What do you think? You [ __ ] stuff.
You [ __ ] stuff. And it's manual.
And it's manual. It is.
It is. Yeah, it's four. It's four-speed. Wait,
Yeah, it's four. It's four-speed. Wait, you going to drift it? That's just 1966.
you going to drift it? That's just 1966. Oh, wait. Sense is here.
Oh, wait. Sense is here. Give me a
Give me a You don't like it?
You don't like it? No.
No. Sorry.
Sorry. Give me a Yeah. Yeah. Yeah. You like it?
Give me a Yeah. Yeah. Yeah. You like it? [Laughter]
[Laughter] We're going to be blessed if we get a
We're going to be blessed if we get a [ __ ] whiff of air in that.
[ __ ] whiff of air in that. No air. Oh [ __ ]
No air. Oh [ __ ] That's
All right. All right. All right. All right.
Oh, we out. Oh, dude. It's not that bad at all.
at all. Oh, this is fantastic.
Oh yo, it barely has
yo, it barely has Oh my god.
Oh my god. Oh, it has no brakes.
Oh, it has no brakes. That thing is leaning, boy.
That thing is leaning, boy. Is it leaking?
Is it leaking? No. Leaning. Leaning.
No. Leaning. Leaning. Leaning what way?
Leaning what way? Like this?
Like this? Really?
Really? Hey,
Hey, follow your training plan. If not,
follow your training plan. If not, you're going to be like me.
you're going to be like me. Oh [ __ ]
Oh [ __ ] Oh [ __ ]
[ __ ] beetle. And I leave so much by example that I went to go do some
example that I went to go do some student podcast with students that have
student podcast with students that have made over $100,000 with my strategy. And
made over $100,000 with my strategy. And instead of me pulling up in a super car
instead of me pulling up in a super car and taking them for a cool journey as I
and taking them for a cool journey as I normally do, I pulled up in the Beetle.
normally do, I pulled up in the Beetle. Even the students were making fun of me
Even the students were making fun of me cuz they expect for me to pull up and
cuz they expect for me to pull up and show them the lifestyle. And I showed
show them the lifestyle. And I showed them the real lifestyle. I broke my
them the real lifestyle. I broke my trading plans and now I'm driving this
trading plans and now I'm driving this piece of [ __ ] And I wanted to show it
piece of [ __ ] And I wanted to show it as an example to them. Like, yeah, all
as an example to them. Like, yeah, all right, cool. My student made 100,000,
right, cool. My student made 100,000, but buddy, I want to let you know you
but buddy, I want to let you know you need to have something to hold you
need to have something to hold you accountable how I am right now. because
accountable how I am right now. because if you don't, you're going to probably
if you don't, you're going to probably end up driving a car like this. So
end up driving a car like this. So that's why I led by example and to
that's why I led by example and to showed the students live in person that
showed the students live in person that they need to continue to follow the
they need to continue to follow the training plan to be successful. The
training plan to be successful. The moment they don't, they're going to end
moment they don't, they're going to end up in a car like that. It's kind of a
up in a car like that. It's kind of a funny way to look at it, but it's the
funny way to look at it, but it's the reality of the situation. This is where
reality of the situation. This is where the humbling begins. You guys know how
the humbling begins. You guys know how much I love driving my Porsche GT3 and
much I love driving my Porsche GT3 and driving it like a man and driving my
driving it like a man and driving my Ferrari and driving it like a man.
Ferrari and driving it like a man. But man's got to do what a man's got to
But man's got to do what a man's got to do, and a man's got to pay the price.
do, and a man's got to pay the price. And I'm doing this to show you guys that
And I'm doing this to show you guys that I'm holding myself accountable for
I'm holding myself accountable for breaking my rules. And as you guys can
breaking my rules. And as you guys can tell, I've already attempted to drive
tell, I've already attempted to drive this vehicle. And uh today starts the
this vehicle. And uh today starts the 24-hour clock where I will only drive
24-hour clock where I will only drive the Beetle. What name should we give the
the Beetle. What name should we give the Beetle? Keep in mind, it's a 1966
Beetle? Keep in mind, it's a 1966 Volkswagen Beetle. It has the original
Volkswagen Beetle. It has the original engine, four-speed transmission.
engine, four-speed transmission. I tried turning it on earlier. It did
I tried turning it on earlier. It did not work. We're going to try again right
not work. We're going to try again right now. So, this is to show you guys that
now. So, this is to show you guys that I'm going back to my roots of me
I'm going back to my roots of me literally having to hold myself
literally having to hold myself accountable when I do something wrong. I
accountable when I do something wrong. I don't want to do this. But if I don't
don't want to do this. But if I don't follow my trading plan, I will no longer
follow my trading plan, I will no longer be able to drive a [ __ ] Ferrari or a
be able to drive a [ __ ] Ferrari or a Porsche. I'm going to probably be
Porsche. I'm going to probably be driving some [ __ ] like this. So, I'm
driving some [ __ ] like this. So, I'm going to keep following my trading plan
going to keep following my trading plan so I don't end up in a [ __ ] car like
so I don't end up in a [ __ ] car like this. Please turn on
this. Please turn on [Music]
What name should we give it? Should it be a he? Should it be a her? Come on.
be a he? Should it be a her? Come on. Come on.
Come on. Work my way up.
Work my way up. Watch. You guys know about this. What
Watch. You guys know about this. What profitable trader knows how to do this?
Heat. Heat. [Music]
All right. Yeah, we only got space for two.
two. Oh. Oh,
So, we ended off on week four with the first loss that we had in the whole
first loss that we had in the whole entire challenge. So, this was a big
entire challenge. So, this was a big uppercut to my ego because to this
uppercut to my ego because to this point, I felt invincible. I literally
point, I felt invincible. I literally felt like I could do anything. I could
felt like I could do anything. I could win every single trade. It's week five
win every single trade. It's week five of me trying to turn $100 into a million
of me trying to turn $100 into a million day trading. Last week, we ended up
day trading. Last week, we ended up taking two unnecessary losses because I
taking two unnecessary losses because I broke my trading plan. So, we started
broke my trading plan. So, we started off the challenge with about 8,000,
off the challenge with about 8,000, which is where we left off last week
which is where we left off last week because we took the account from 15 to
because we took the account from 15 to 8,000. So, at this point in the
8,000. So, at this point in the challenge, I am not scared to execute a
challenge, I am not scared to execute a position. I'm being a little bit more
position. I'm being a little bit more selective. So, I actually avoided some
selective. So, I actually avoided some wins that I could have taken, but I also
wins that I could have taken, but I also avoided a couple of losses that I could
avoided a couple of losses that I could have taken. And funny enough, because
have taken. And funny enough, because some of my friends were actually calling
some of my friends were actually calling me in the middle of the week saying,
me in the middle of the week saying, "Hey, you're going to get enter this and
"Hey, you're going to get enter this and enter this." I'm like, "No, dude. Trust
enter this." I'm like, "No, dude. Trust me, I'm not going to enter these counter
me, I'm not going to enter these counter trend trades. I don't want to drive to
trend trades. I don't want to drive to [ __ ] beat him. My god, what the [ __ ]
[ __ ] beat him. My god, what the [ __ ] Oh, wow. I just saw this right now. So,
Oh, wow. I just saw this right now. So, NZDUSD.
I'm actually laughing because one of my friends called me earlier. He's like,
friends called me earlier. He's like, "Yo, what should I do with NZDUSD? I
"Yo, what should I do with NZDUSD? I entered earlier this week, Sunday night,
entered earlier this week, Sunday night, when you sent it out on Sundays." This
when you sent it out on Sundays." This is one of my friends that I went to high
is one of my friends that I went to high school with. Literally, one of the only
school with. Literally, one of the only close friends that I have outside of,
close friends that I have outside of, you know, my my team. And he told me,
you know, my my team. And he told me, he's like, "Yo, should I close NZDUSD or
he's like, "Yo, should I close NZDUSD or do I hold?" I'm like, "Dude, if you hold
do I hold?" I'm like, "Dude, if you hold it can have the risk of having a
it can have the risk of having a pullback. I don't think you should hold.
pullback. I don't think you should hold. I think you should close." He's like,
I think you should close." He's like, "No, no, no, no. I'm going to set and
"No, no, no, no. I'm going to set and forget." I'm like, "Brother, you have to
forget." I'm like, "Brother, you have to know when to set and forget and when to
know when to set and forget and when to not set and forget. This is not the time
not set and forget. This is not the time you don't want to like not close this
you don't want to like not close this trade." And I'm laughing cuz I know he
trade." And I'm laughing cuz I know he is. I don't I'm going to call him. I'm
is. I don't I'm going to call him. I'm going call him. Yeah. So I'm that friend
going call him. Yeah. So I'm that friend that I'll call you a 100 times. I don't
that I'll call you a 100 times. I don't give a [ __ ]
give a [ __ ] Yo.
Yo. Yo, you're sleeping
Yo, you're sleeping about to
about to Have you seen your trade?
Have you seen your trade? Yeah. [ __ ] you,
bro. [ __ ] me. I told you, bro.
[ __ ] me. I told you, bro. You told me to have a pullback, not a
You told me to have a pullback, not a whole [ __ ] move straight down.
This what I told you, bro. I told you it was going to have a pullback, bro. You
was going to have a pullback, bro. You don't [ __ ] listen to me, dog. What do
don't [ __ ] listen to me, dog. What do you think?
you think? You told me set and forget.
You told me set and forget. No, no, no, no, no, no, no, no. I told
No, no, no, no, no, no, no, no. I told you don't set and forget this trade.
you don't set and forget this trade. It's going to have a pullback. You
It's going to have a pullback. You didn't listen to me, bro. Yo, I didn't I
didn't listen to me, bro. Yo, I didn't I literally told you, bro. I'm like, yo,
literally told you, bro. I'm like, yo, it's going to it's going to have the
it's going to it's going to have the pullback. So, week five, we actually did
pullback. So, week five, we actually did not end up taking any trades at all. We
not end up taking any trades at all. We did a lot of action stuff. I went to go
did a lot of action stuff. I went to go look at a new penthouse that I was
look at a new penthouse that I was looking to move into. the Bugatti that I
looking to move into. the Bugatti that I bought, my pink Bugatti. We got delivery
bought, my pink Bugatti. We got delivery of it with Jane Juice, which is another
of it with Jane Juice, which is another successful student of mine from the
successful student of mine from the 30-day boot camp.
30-day boot camp. So, I bought a new car. So, you Yeah.
So, I bought a new car. So, you Yeah. You don't know what car, right?
You don't know what car, right? You don't?
You don't? No.
No. All right. You're about to know in a
All right. You're about to know in a little bit.
little bit. So, I was going to say something and say
So, I was going to say something and say some words of courage, but all I have to
some words of courage, but all I have to say is set and forget. That's all I got
say is set and forget. That's all I got to say.
to say. You think, bro?
You think, bro? I have no words to say, honestly. And
I have no words to say, honestly. And it's
it's You're the only one that knows, bro.
You're the only one that knows, bro. No, no, no. I I I'm speechless.
No, no, no. I I I'm speechless. Honestly, I'm not going to say anything.
Honestly, I'm not going to say anything. I I'll I'll I'll leave it for you guys
I I'll I'll I'll leave it for you guys to see it.
to see it. Well, he has made over a4 million
Well, he has made over a4 million dollars in trading in under 6 months. He
dollars in trading in under 6 months. He got into my first boot camp at the
got into my first boot camp at the beginning of the year and then later
beginning of the year and then later throughout 6 months after applying
throughout 6 months after applying everything he learned in the strategy,
everything he learned in the strategy, he made more than a quart million
he made more than a quart million dollars. I find out I'm like, "Dude,
dollars. I find out I'm like, "Dude, pull up to Miami. Let's do a podcast."
pull up to Miami. Let's do a podcast." You know, I like to show traders that if
You know, I like to show traders that if they apply the strategy and they do
they apply the strategy and they do everything the right way, the lifestyle
everything the right way, the lifestyle that they want is just couple moves
that they want is just couple moves away, all you have to do is execute the
away, all you have to do is execute the strategy correctly. So later throughout
strategy correctly. So later throughout the week, just more day-to-day action in
the week, just more day-to-day action in my life, and we did not take any trades.
my life, and we did not take any trades. So keep in mind, the week before this,
So keep in mind, the week before this, we ended up taking our first loss. Then
we ended up taking our first loss. Then the week after this, which is week five,
the week after this, which is week five, we ended up taking no trades, which kind
we ended up taking no trades, which kind of made me feel a little bit not like
of made me feel a little bit not like Superman anymore because at the
Superman anymore because at the beginning of the challenge, I felt
beginning of the challenge, I felt invincible. Now this times, I'm getting
invincible. Now this times, I'm getting a little bit more humbled. I'm being
a little bit more humbled. I'm being very selective on the type of trades
very selective on the type of trades that I'm taking because obviously I
that I'm taking because obviously I don't want to blow the account now. I'm
don't want to blow the account now. I'm so ahead. I have so much time in front
so ahead. I have so much time in front of me that I want to be on track to
of me that I want to be on track to complete the challenge. It's week six of
complete the challenge. It's week six of me turning $100 into a million. And let
me turning $100 into a million. And let me tell you, you guys aren't ready for
me tell you, you guys aren't ready for this week. Then we started off week six
this week. Then we started off week six at same exact balance. The only
at same exact balance. The only difference now is that we have a Bugatti
difference now is that we have a Bugatti in the front of the driveway.
in the front of the driveway. Now we got views
Now we got views of my [ __ ] Bugatti. So if I don't
of my [ __ ] Bugatti. So if I don't complete this challenge,
complete this challenge, I can't afford the Bugatti. So I
I can't afford the Bugatti. So I definitely have to complete the
definitely have to complete the challenge and stay on route. So the goal
challenge and stay on route. So the goal doesn't feel right. Right. The Bugatti's
doesn't feel right. Right. The Bugatti's pink. I'm wearing blue.
pink. I'm wearing blue. I'll be right back. Give me a second.
I'll be right back. Give me a second. More like it, huh? Got to be on the same
More like it, huh? Got to be on the same vibe as a
vibe as a I cannot believe I [ __ ] did that.
I cannot believe I [ __ ] did that. Dude, still surreal.
Dude, still surreal. What's the payment on one of those?
What's the payment on one of those? My payment is 46,000
My payment is 46,000 a month and then the insurance is like
a month and then the insurance is like 2500. So, it comes out to like 4849,000
2500. So, it comes out to like 4849,000 every month. So, yeah, we got a lot of
every month. So, yeah, we got a lot of work to do to make that up.
work to do to make that up. And to start off the week, like always,
And to start off the week, like always, we do the Sunday swings. picked the top
we do the Sunday swings. picked the top two, top three markets for the week
two, top three markets for the week ahead. But I decided to go look at my
ahead. But I decided to go look at my track record on the trades that I'm
track record on the trades that I'm taking in the account to look at the
taking in the account to look at the stats, like what am I doing right, what
stats, like what am I doing right, what am I doing wrong, so I can learn from it
am I doing wrong, so I can learn from it and double down on what I'm doing right
and double down on what I'm doing right and fix what I'm doing wrong. Currently,
and fix what I'm doing wrong. Currently, we have taken the 100 bucks to $8,000.
we have taken the 100 bucks to $8,000. You guys can see that the starting
You guys can see that the starting balance was 100 bucks and it was just
balance was 100 bucks and it was just updated 44 minutes ago. down below over
updated 44 minutes ago. down below over here. You can currently see our win rate
here. You can currently see our win rate is currently a 70% of the total amount
is currently a 70% of the total amount of trades that we have taken. We've
of trades that we have taken. We've taken a total of seven amount of trades
taken a total of seven amount of trades and 100% of our trades have been short.
and 100% of our trades have been short. So, we have not taken any long positions
So, we have not taken any long positions and our average duration is an
and our average duration is an interesting 20 hours. Now, this right
interesting 20 hours. Now, this right here is going to be a problem very soon,
here is going to be a problem very soon, the commissions that we have on the
the commissions that we have on the account because the bigger obviously we
account because the bigger obviously we start scaling on this challenge. The
start scaling on this challenge. The more slippage, the more commission
more slippage, the more commission everything that we're it's going to cost
everything that we're it's going to cost us to trade. So, I might be switching
us to trade. So, I might be switching brokers very very soon. Not entirely
brokers very very soon. Not entirely sure just yet, but I will be letting you
sure just yet, but I will be letting you guys know if I do. Well, I don't market
guys know if I do. Well, I don't market a broker. I'm just going to let you guys
a broker. I'm just going to let you guys know if I switch to a broker. I don't
know if I switch to a broker. I don't plan to market any broker anytime soon.
plan to market any broker anytime soon. You know what's funny? I paid $2,000 for
You know what's funny? I paid $2,000 for that lighter. It doesn't work. Now I
that lighter. It doesn't work. Now I have to use this $20. What is it? How
have to use this $20. What is it? How much? I don't even know how much is
much? I don't even know how much is this. Like $5 at a gas station. [ __ ]
this. Like $5 at a gas station. [ __ ] sucks. It just doesn't feel right
sucks. It just doesn't feel right lighting a good cigar with a $5 lighter
lighting a good cigar with a $5 lighter from a gas station. Feel like I'm
from a gas station. Feel like I'm disrespecting the cigar.
disrespecting the cigar. $2,000 on a lighter. GBPCHF.
$2,000 on a lighter. GBPCHF. Probably one of the cleanest ones that
Probably one of the cleanest ones that you can probably see. And it is this
you can probably see. And it is this beautiful higher high, higher low.
beautiful higher high, higher low. Higher high. Higher low. Higher high.
Higher high. Higher low. Higher high. Higher low. Higher high. Boom. [ __ ]
Higher low. Higher high. Boom. [ __ ] structure lower low high lower low. Now
structure lower low high lower low. Now this time frame is bearish. Now if I
this time frame is bearish. Now if I just show you guys this market structure
just show you guys this market structure like this which is realistically how you
like this which is realistically how you have to look at the structure of the
have to look at the structure of the market not look at the market. This
market not look at the market. This right here is the structure of the
right here is the structure of the market and you can clearly see how we
market and you can clearly see how we were creating higher highs, higher lows
were creating higher highs, higher lows and we shifted. We did a ginormous and
and we shifted. We did a ginormous and beautifully formated double top pattern
beautifully formated double top pattern right here. And now we're coming back to
right here. And now we're coming back to retest that neckline of the double top
retest that neckline of the double top to then have a reaction to the downside.
to then have a reaction to the downside. What a coincidence that the neckline of
What a coincidence that the neckline of the double top happens to also be at the
the double top happens to also be at the weekly EMA and also happens to have a
weekly EMA and also happens to have a round psychological level 1.12500
round psychological level 1.12500 which is obviously very key because now
which is obviously very key because now you just have three four things that
you just have three four things that simply make sense at this area in order
simply make sense at this area in order for you to be interested in the trade.
for you to be interested in the trade. What a coincidence. Now we also have the
What a coincidence. Now we also have the daily EMA, we also have daily structure
daily EMA, we also have daily structure level, so on and so forth. So, what I'm
level, so on and so forth. So, what I'm going to be waiting for for this trade
going to be waiting for for this trade is for price to have a break and retest
is for price to have a break and retest under this little double top formation
under this little double top formation that we're potentially creating at this
that we're potentially creating at this area here to have an alarm right at the
area here to have an alarm right at the bottom of it that's going to notify me
bottom of it that's going to notify me as soon as we break out of it. And this
as soon as we break out of it. And this trade once it does that it's going to
trade once it does that it's going to have a great riskreward. We can easily
have a great riskreward. We can easily get a 1 to5 or even to this structure
get a 1 to5 or even to this structure point and then obviously we have a
point and then obviously we have a smaller stop loss. We get like a 1 to
smaller stop loss. We get like a 1 to six, 1 to 6 or 7. This is a great
six, 1 to 6 or 7. This is a great risk-to-reward on this trade because we
risk-to-reward on this trade because we are following the trend. We're trading
are following the trend. We're trading with the weekly time frame, we're
with the weekly time frame, we're trading with the daily time frame, and
trading with the daily time frame, and once that double top breaks, then we're
once that double top breaks, then we're going to be trading with the 4hour time
going to be trading with the 4hour time frame. So, we have three time frames
frame. So, we have three time frames that are going all in the same
that are going all in the same direction. We simply just enter the
direction. We simply just enter the trade set for. So, after we analyzed the
trade set for. So, after we analyzed the top markets for the week, like always on
top markets for the week, like always on Sunday swings, we then realized there
Sunday swings, we then realized there was no markets to trade. But then we got
was no markets to trade. But then we got a phone call from this guy that was
a phone call from this guy that was like, "Yo, you want to put your Bugatti
like, "Yo, you want to put your Bugatti in a music video with Kodak Black and
in a music video with Kodak Black and Trump?
Trump? They want to have your the Bugatti
They want to have your the Bugatti um in this warehouse and have this
um in this warehouse and have this marching Trump's marching band behind it
marching Trump's marching band behind it playing while Kodak and all them are
playing while Kodak and all them are rapping in front. But Trump will be
rapping in front. But Trump will be there.
there. I I mean, I've been part of a couple
I I mean, I've been part of a couple music videos. I know how this [ __ ] goes,
music videos. I know how this [ __ ] goes, you know.
you know. Start pull up at 3, start at 7, end at 1
Start pull up at 3, start at 7, end at 1 in the morning, you know.
in the morning, you know. Well, I [ __ ] hope it's not like that.
Well, I [ __ ] hope it's not like that. Like, [ __ ] yeah. I've listened to Kodak
Like, [ __ ] yeah. I've listened to Kodak Black since I was like 15. And who
Black since I was like 15. And who doesn't like Trump? Little did I know
doesn't like Trump? Little did I know that I was getting scammed. Trump was
that I was getting scammed. Trump was not pulling up. And Kodak Black pulled
not pulling up. And Kodak Black pulled up 20 hours late. And that same night,
up 20 hours late. And that same night, my Bugatti broke.
my Bugatti broke. Kodak's not here yet. We'll probably be
Kodak's not here yet. We'll probably be here like 30 minutes. We going to leave
here like 30 minutes. We going to leave till like 3:00 in the morning. Watch
this time. My bad. won't care.
won't care. When I go, I'm going be
hold. I'm not going to lie. This [ __ ] feels a little too wobbly.
We are still here. It's 9:00 a.m. Basically a trade update and we're still
Basically a trade update and we're still here.
here. Well, after a couple hours,
Well, after a couple hours, finally got it up.
finally got it up. Now we got to take it from this tow
Now we got to take it from this tow truck
truck to that tow truck.
[ __ ] this dude. I don't even want to talk about that.
I don't even want to talk about that. So, after we finish all those
So, after we finish all those shenanigans, like always, patience pays.
shenanigans, like always, patience pays. And most importantly, following the set
And most importantly, following the set and forget strategy CHF, as you guys can
and forget strategy CHF, as you guys can see, we're currently up about $6,000.
see, we're currently up about $6,000. So, we entered this trade earlier,
So, we entered this trade earlier, literally probably like [ __ ] I don't
literally probably like [ __ ] I don't know, like an hour ago. But, we're in
know, like an hour ago. But, we're in the middle of all these calls and the
the middle of all these calls and the trade is now heading into our direction.
trade is now heading into our direction. Everything's looking very well. We're
Everything's looking very well. We're actually in a lot more profit than I
actually in a lot more profit than I expected. Obviously, I did not account
expected. Obviously, I did not account how volatile this pair is. I did not
how volatile this pair is. I did not realize that this pair goes into a
realize that this pair goes into a little bit more draw down. We'll blow
little bit more draw down. We'll blow this account completely because this
this account completely because this pair is super volatile. I actually have
pair is super volatile. I actually have not entered a trade in GFP CHF in a very
not entered a trade in GFP CHF in a very long time. But this trade right here, if
long time. But this trade right here, if it does hit my takerit, it could take
it does hit my takerit, it could take this account up to like $70,000 if it
this account up to like $70,000 if it does make it all the way down here. And
does make it all the way down here. And then we were up now from the $8,000 that
then we were up now from the $8,000 that we were technically down back up to the
we were technically down back up to the $15,000 where we were 2 weeks ago. So,
$15,000 where we were 2 weeks ago. So, now we're picking back up, staying on
now we're picking back up, staying on track, and the goal for this week was to
track, and the goal for this week was to turn the 8,000 to 16,000 to 18,000
turn the 8,000 to 16,000 to 18,000 roughly. And I again, I had an executive
roughly. And I again, I had an executive decision to make. Do I close at the
decision to make. Do I close at the profit for the week or do I set and
profit for the week or do I set and forget? What do you think I did? I
forget? What do you think I did? I [ __ ] set and forget.
[ __ ] set and forget. Drum roll, please.
Drum roll, please. $38,000.
Ching. Well, for right now, I think this trade is that's why I'm not even that
trade is that's why I'm not even that excited because I do think this trade
excited because I do think this trade right now in London session is going to
right now in London session is going to have a pullback. Let me show you. So, I
have a pullback. Let me show you. So, I think now this is will have a
think now this is will have a retracement to retest this neckline of
retracement to retest this neckline of the left head, right shoulder for then
the left head, right shoulder for then the trade to then head to the downside.
the trade to then head to the downside. Currently on the daily time frame, we
Currently on the daily time frame, we close very strong as a bearish
close very strong as a bearish engulfing, but we could come back and
engulfing, but we could come back and retest these daily wicks right here. So
retest these daily wicks right here. So then the trader can continue heading to
then the trader can continue heading to the downside. Now this is where a lot of
the downside. Now this is where a lot of beginner traders will probably get, you
beginner traders will probably get, you know, FOMO and either close out their
know, FOMO and either close out their positions here or they can probably set
positions here or they can probably set and forget the whole entire way.
and forget the whole entire way. Currently just waiting for it to do its
Currently just waiting for it to do its thing. But then when we go close the
thing. But then when we go close the trade, we get the most ridiculous
trade, we get the most ridiculous slippage I have ever gotten in any
slippage I have ever gotten in any trading account. And I said, "If I'm
trading account. And I said, "If I'm getting slippage at this part in the
getting slippage at this part in the challenge so early on, I don't want to
challenge so early on, I don't want to be with this broker anymore."
be with this broker anymore." Yo, we just blew the whole [ __ ]
Yo, we just blew the whole [ __ ] account.
account. No, that's how you close the trade,
No, that's how you close the trade, bro.
bro. We literally just blew the whole
We literally just blew the whole account.
account. [ __ ] We just withd you all the money.
[ __ ] We just withd you all the money. So, we just draw the money from the
So, we just draw the money from the current broker. Should get into my
current broker. Should get into my wallet by the end of today, maybe
wallet by the end of today, maybe tomorrow. And uh we're going to deposit
tomorrow. And uh we're going to deposit into a new broker, which I might be
into a new broker, which I might be letting you guys soon which broker it's
letting you guys soon which broker it's going to be. So you guys are going to
going to be. So you guys are going to have the same market conditions as me.
have the same market conditions as me. Current broker right now. The fees were
Current broker right now. The fees were all over the place. The commissions were
all over the place. The commissions were okay. It was more of the slippage. I
okay. It was more of the slippage. I would literally try and close the trade
would literally try and close the trade out and I guess slipped out. I wouldn't
out and I guess slipped out. I wouldn't get closed at the point that I wanted
get closed at the point that I wanted to. So I'm going to be switching to a
to. So I'm going to be switching to a new broker today pretty much. And uh
new broker today pretty much. And uh we'll see where the challenge goes from
we'll see where the challenge goes from that point. And this is why I don't
that point. And this is why I don't market brokers right at the beginning of
market brokers right at the beginning of the challenge. I know you guys ask me
the challenge. I know you guys ask me for what broker am I using? What broker
for what broker am I using? What broker am I using? I literally got this asked a
am I using? I literally got this asked a thousand times. I don't want to market a
thousand times. I don't want to market a broker that I don't trust and I don't
broker that I don't trust and I don't have any experience with and gladly I
have any experience with and gladly I didn't market it because [ __ ] I closed a
didn't market it because [ __ ] I closed a trade at 30,000 in profit and then it
trade at 30,000 in profit and then it puts me at 22. The slippage and the
puts me at 22. The slippage and the spread was absolutely ridiculous. I
spread was absolutely ridiculous. I decided to withdraw my money and then
decided to withdraw my money and then put it into a new broker that I was
put it into a new broker that I was going to then test out. But again, keep
going to then test out. But again, keep in mind this is the exact same account
in mind this is the exact same account that I then just transferred the funds
that I then just transferred the funds into a different one. And this is where
into a different one. And this is where we then pretty much moved on to week
we then pretty much moved on to week number seven where the ending balance
number seven where the ending balance was about 22,000.
was about 22,000. It's week seven of me turning this $100
It's week seven of me turning this $100 into a million. Then on this next week,
into a million. Then on this next week, it was week seven. We were starting with
it was week seven. We were starting with about $22,000 and then the goal was to
about $22,000 and then the goal was to take 22 to then 40.
take 22 to then 40. Touch that. Touch that. what you guys
Touch that. Touch that. what you guys know about week seven turning $100 into
know about week seven turning $100 into a million. I I I thought it had just
a million. I I I thought it had just reversed on us. I was so I was like, "Oh
reversed on us. I was so I was like, "Oh shit." Currently, right now, we are up
shit." Currently, right now, we are up $4,000
$4,000 on the trade. Now, I'm not excited
on the trade. Now, I'm not excited because of these $4,000. I could give a
because of these $4,000. I could give a [ __ ] I'm excited about the potential of
[ __ ] I'm excited about the potential of this trade that we have taken. If you
this trade that we have taken. If you have seen last week's series, you saw
have seen last week's series, you saw the loss we avoided on this position.
the loss we avoided on this position. Price had the push, stop, then push.
Price had the push, stop, then push. That's what we are anticipating for this
That's what we are anticipating for this week to come ahead. So, we avoided not
week to come ahead. So, we avoided not making any money this week simply
making any money this week simply because we have experience in the
because we have experience in the market. Now, let's look at it now. So,
market. Now, let's look at it now. So, trade update. We are currently up $4,000
trade update. We are currently up $4,000 on GBP CHF. So, if you guys saw last
on GBP CHF. So, if you guys saw last night's trade update, I explained that I
night's trade update, I explained that I was looking to enter a trade right
was looking to enter a trade right around this area once we had the retest
around this area once we had the retest to then sell. So currently right now,
to then sell. So currently right now, GBPCHF has a very strong double top
GBPCHF has a very strong double top formation currently creating right now.
formation currently creating right now. Very strong bearish move. If this trade
Very strong bearish move. If this trade hits all the way down here, we'll
hits all the way down here, we'll [ __ ] sweep 1 to 11 risk-to-reward,
[ __ ] sweep 1 to 11 risk-to-reward, meaning we will take Right now we have
meaning we will take Right now we have 35 lots, right? So 35 lots means that
35 lots, right? So 35 lots means that it's $350 per pip. So, we do $350 per
it's $350 per pip. So, we do $350 per pip times a takerit of $342
pip times a takerit of $342 pips. So, $350
pips. So, $350 times 342 pips. Drum roll, please.
$100,000 in one single position. The beauty of
in one single position. The beauty of this is not this. We're going to get to
this is not this. We're going to get to this no matter what. What is the beauty
this no matter what. What is the beauty is how much I'm actually putting at
is how much I'm actually putting at risk. So, I'm only putting at risk. So,
risk. So, I'm only putting at risk. So, we have 30 pip stop-loss. So, if I do
we have 30 pip stop-loss. So, if I do $350
$350 per pip times $30, I'm only putting at
per pip times $30, I'm only putting at risk 50% of the account. This is key to
risk 50% of the account. This is key to growth. So, I'm literally risking 50% to
growth. So, I'm literally risking 50% to almost 5x the account. Tell me that's
almost 5x the account. Tell me that's not a [ __ ] great deal. So, as of
not a [ __ ] great deal. So, as of right now, we are currently just waiting
right now, we are currently just waiting for this position to have a confirmation
for this position to have a confirmation body candlestick closure in the next 27
body candlestick closure in the next 27 minutes under this level of support
minutes under this level of support right here. 4hour candlestick looks very
right here. 4hour candlestick looks very strong, very bearish engulfing. Can then
strong, very bearish engulfing. Can then wait for a little retest as well for
wait for a little retest as well for then that structure level right there.
then that structure level right there. Basically, moral of the story, all we
Basically, moral of the story, all we got to do right now is set for it. Just
got to do right now is set for it. Just looks so lovely, dude. Like, we're
looks so lovely, dude. Like, we're finally like making some type of decent
finally like making some type of decent money. Like, look at this. And then we
money. Like, look at this. And then we ran into the same broker issue. We took
ran into the same broker issue. We took the 20 and then we took it to the 40.
the 20 and then we took it to the 40. But we ran into even worse slippage on
But we ran into even worse slippage on this other broker that we were testing
this other broker that we were testing out. And again, this is why I don't
out. And again, this is why I don't market brokers. It's my first time
market brokers. It's my first time trading on it. And I'm taking a good
trading on it. And I'm taking a good trade. And when I take it, the profits
trade. And when I take it, the profits that I'm supposed to be making, I
that I'm supposed to be making, I literally lost it because of the
literally lost it because of the slippage on the account. This is the
slippage on the account. This is the trades from last night. GBPCHF. You guys
trades from last night. GBPCHF. You guys can clearly see that we closed out all
can clearly see that we closed out all three positions at the same exact time.
three positions at the same exact time. one of them is in profit and then the
one of them is in profit and then the other got split in half or whatever and
other got split in half or whatever and then it was in a loss. So GBPCHF last
then it was in a loss. So GBPCHF last night I explained if we had a retest of
night I explained if we had a retest of this level and then a rejection to the
this level and then a rejection to the downside we can very easily continue to
downside we can very easily continue to head down. If not if we body closed
head down. If not if we body closed above we can come back right into our
above we can come back right into our area of interest. So, we body closed
area of interest. So, we body closed above. And as I'm seeing this body close
above. And as I'm seeing this body close above and then I'm seeing this rejection
above and then I'm seeing this rejection from the EMA, but then I see this retest
from the EMA, but then I see this retest of this level of support that every
of this level of support that every single time we're above, we're clearly
single time we're above, we're clearly heading up. I say, "Oh [ __ ] this is the
heading up. I say, "Oh [ __ ] this is the area where I want to get out cuz I could
area where I want to get out cuz I could get pushed right back into my entry and
get pushed right back into my entry and I don't want to be in a loss at this
I don't want to be in a loss at this point in the challenge. I'm doing so
point in the challenge. I'm doing so well." So, I decided to close my
well." So, I decided to close my position right at that line right there.
position right at that line right there. Right at 1.11282,
Right at 1.11282, right at 3:00 in the morning, 4 in the
right at 3:00 in the morning, 4 in the morning, which is like when London
morning, which is like when London session is kicking in. You guys can see
session is kicking in. You guys can see down here the times. And I closed out
down here the times. And I closed out the first position, right? The 20 lots.
the first position, right? The 20 lots. So, the 20 lots gave me $2,000 in
So, the 20 lots gave me $2,000 in profit. Now, we're going to do some
profit. Now, we're going to do some calculations right now because if I
calculations right now because if I enter the position up at this point
enter the position up at this point right here, and then we close out the
right here, and then we close out the position, let's say somewhere in here,
position, let's say somewhere in here, that is a total of about 23 pips. But
that is a total of about 23 pips. But for argument sake, let's say 20 pips.
for argument sake, let's say 20 pips. So, I am currently risking $200
So, I am currently risking $200 per pip. So, it's going to be $200 times
per pip. So, it's going to be $200 times 20 pips. I'm supposed to be up $4,000 on
20 pips. I'm supposed to be up $4,000 on that position. I am up $2,000. So, they
that position. I am up $2,000. So, they ate up 50% of my profits, but that's
ate up 50% of my profits, but that's fine. You know what? High fees. I'll
fine. You know what? High fees. I'll take it. Whatever. Not a big deal. But
take it. Whatever. Not a big deal. But then the other position when I go close
then the other position when I go close it, it is then in a loss. Why did I take
it, it is then in a loss. Why did I take a loss on the same position that I
a loss on the same position that I entered at the same spot and close at
entered at the same spot and close at the same spot? Why did it close at a
the same spot? Why did it close at a loss? Now, this is where I get very
loss? Now, this is where I get very skeptical about these platforms because
skeptical about these platforms because it's just so unnecess like like I just I
it's just so unnecess like like I just I just don't get it. And this is why I
just don't get it. And this is why I also split my lot sizes because
also split my lot sizes because everybody says, "Oh, why don't you just
everybody says, "Oh, why don't you just take 180 lot?" It's for this very same
take 180 lot?" It's for this very same exact reason. If I were to take 80 lots
exact reason. If I were to take 80 lots in a position, it would literally have
in a position, it would literally have one full slipped out position versus if
one full slipped out position versus if I split the positions in half, at least
I split the positions in half, at least I get one and then the other ones
I get one and then the other ones probably have a little bit of slippage.
probably have a little bit of slippage. I I do this because I've dealt with this
I I do this because I've dealt with this [ __ ] before and I've been dealing it for
[ __ ] before and I've been dealing it for a very long time. Like this at this
a very long time. Like this at this point was very frustrating because I
point was very frustrating because I just came off of a losing week, then a
just came off of a losing week, then a break even week and now two weeks that
break even week and now two weeks that are technically break even because of
are technically break even because of the market conditions that the broker
the market conditions that the broker was giving me. If I'm running into these
was giving me. If I'm running into these issues with a broker so early on into
issues with a broker so early on into the challenge, I'm already being
the challenge, I'm already being skeptical because imagine the slippage
skeptical because imagine the slippage and the issues that I'm going to be
and the issues that I'm going to be running at when I'm fluctuating hundreds
running at when I'm fluctuating hundreds of thousands of dollars in profit, which
of thousands of dollars in profit, which is realistically like 3 4 weeks away if
is realistically like 3 4 weeks away if I double the account every single week.
I double the account every single week. It's week eight of me turning $100 into
It's week eight of me turning $100 into a million. Last week, we took two trades
a million. Last week, we took two trades where one of them made us about $2,000
where one of them made us about $2,000 and then the other we lost $2,000.
and then the other we lost $2,000. Biggest waste of time ever. And I wasn't
Biggest waste of time ever. And I wasn't going to let any of this broker issue
going to let any of this broker issue stop me living my life. I'm going to go
stop me living my life. I'm going to go drift my Porsche. I'm going to go hit
drift my Porsche. I'm going to go hit the gym. I'm going to go do what I have
the gym. I'm going to go do what I have to do because at the end of the day,
to do because at the end of the day, what affected me last time was that I
what affected me last time was that I was not living my normal life. Now, this
was not living my normal life. Now, this time, I decided to, you know, you know
time, I decided to, you know, you know what? If I take a loss, if I take a win,
what? If I take a loss, if I take a win, I'm going to go hit my gym. I'm going to
I'm going to go hit my gym. I'm going to go take my my night trades, if you know
go take my my night trades, if you know what I'm talking about, and just do what
what I'm talking about, and just do what I got to do. And then later on
I got to do. And then later on throughout the week, we got another
throughout the week, we got another great opportunity in the market, which
great opportunity in the market, which is what we analyze on Sunday swings.
is what we analyze on Sunday swings. This market right here currently is
This market right here currently is having a lower high pullback. And this
having a lower high pullback. And this is what this market structure looks like
is what this market structure looks like on this pullback, right? We have some
on this pullback, right? We have some structure right here and then we are now
structure right here and then we are now at this resistance level. If I take this
at this resistance level. If I take this same exact market structure move from
same exact market structure move from right here and then I simply move it to
right here and then I simply move it to this market structure here with an
this market structure here with an exception of making this a little bit
exception of making this a little bit higher and aiming this a little bit
higher and aiming this a little bit higher. It's the exact same move right
higher. It's the exact same move right here, but instead of it obviously being
here, but instead of it obviously being here, it is now right here. It's the
here, it is now right here. It's the same exact move with the exception of
same exact move with the exception of bit being a little bit higher. Now, what
bit being a little bit higher. Now, what is the difference that this had this
is the difference that this had this [ __ ] the structure up here and that this
[ __ ] the structure up here and that this one is having it right here. Let's see
one is having it right here. Let's see what happened here to see if we can
what happened here to see if we can anticipate for it to happen here cuz
anticipate for it to happen here cuz we're expecting for the sells and
we're expecting for the sells and clearly this once it did this pattern,
clearly this once it did this pattern, it then went to the downside. So, let's
it then went to the downside. So, let's zoom into this 30 minute structure on
zoom into this 30 minute structure on this circle time frame right here. What
this circle time frame right here. What did we get when we were at this pattern
did we get when we were at this pattern right here? Oh, okay. We got a left
right here? Oh, okay. We got a left head, right shoulder. Okay, cool. Left
head, right shoulder. Okay, cool. Left head, right shoulder, retest, then sell.
head, right shoulder, retest, then sell. Well, let's go to current price right
Well, let's go to current price right now. Holy [ __ ] What do we have here?
now. Holy [ __ ] What do we have here? Left head, right shoulder.
[ __ ] with me. [ __ ] with me. if you want me to keep showing you guys because I
me to keep showing you guys because I see this all the time and I don't always
see this all the time and I don't always explain it because I it's just normal to
explain it because I it's just normal to me. This is my second language, third
me. This is my second language, third language, and I see this literally every
language, and I see this literally every single day. It's very normal to me. But
single day. It's very normal to me. But to a lot of you guys, this might be like
to a lot of you guys, this might be like what the [ __ ] a wow moment. And if it
what the [ __ ] a wow moment. And if it is, let me know in the comments so I can
is, let me know in the comments so I can keep doing this stuff for you guys cuz
keep doing this stuff for you guys cuz it motivates me and it shows me that you
it motivates me and it shows me that you guys are actually learning. So this
guys are actually learning. So this position, we're actually very, very,
position, we're actually very, very, very interested in executing, but not
very interested in executing, but not just yet. I want to execute this
just yet. I want to execute this position once we have some type of
position once we have some type of engulfing confirmation. As of right now,
engulfing confirmation. As of right now, I have my potential entry right under
I have my potential entry right under this level because when this candlestick
this level because when this candlestick closes under it, it is a engulfing
closes under it, it is a engulfing candlestick. So, just put my alarm under
candlestick. So, just put my alarm under there to pretty much notify me once we
there to pretty much notify me once we have that engulfing candlestick. Even
have that engulfing candlestick. Even the 15-minute hasn't had the engulfing
the 15-minute hasn't had the engulfing quite just yet. So, we're going to stay
quite just yet. So, we're going to stay up all night tonight because that
up all night tonight because that literally might happen very, very, very
literally might happen very, very, very soon. We actually ended up taking then
soon. We actually ended up taking then the account from the 22 to about 60k in
the account from the 22 to about 60k in profit more or less. Drum roll please
profit more or less. Drum roll please for the [ __ ] trade update.
for the [ __ ] trade update. $19,000
$19,000 [ __ ] dollars in profit. Now what how
[ __ ] dollars in profit. Now what how fast did this happen? Very fast. Let me
fast did this happen? Very fast. Let me show you guys. So right now USD JPY
show you guys. So right now USD JPY exactly how I explained yesterday. We
exactly how I explained yesterday. We literally explained the only way we'd be
literally explained the only way we'd be interested in taking this position right
interested in taking this position right here is if we have a break, retest, and
here is if we have a break, retest, and then sell. Price literally broke,
then sell. Price literally broke, retested, sell. Exactly what we
retested, sell. Exactly what we anticipated. Perfect entry signal.
anticipated. Perfect entry signal. Literally 1 hour ago. As you guys can
Literally 1 hour ago. As you guys can see down here, 8:00 in the morning.
see down here, 8:00 in the morning. Currently, right now, it is 10:00 in the
Currently, right now, it is 10:00 in the morning. So, as soon as we entered this
morning. So, as soon as we entered this position, market immediately started
position, market immediately started heading to the downside. Look how fast
heading to the downside. Look how fast this momentum of this market is
this momentum of this market is currently moving. Beautiful 30 minutes
currently moving. Beautiful 30 minutes bearish engulfing evening star
bearish engulfing evening star formation. 15-minute time frame. As soon
formation. 15-minute time frame. As soon as the candlestick close, boom, just
as the candlestick close, boom, just completely downside move, which is
completely downside move, which is absolutely beautiful. This is the trade
absolutely beautiful. This is the trade that we avoided yesterday and we avoided
that we avoided yesterday and we avoided to take the loss cuz it never retested
to take the loss cuz it never retested and gave us the engulfing of this left
and gave us the engulfing of this left head and the right shoulder. Now avoided
head and the right shoulder. Now avoided this loss, we can remove this. Now we
this loss, we can remove this. Now we have this position right here. We're
have this position right here. We're just looking decent, right? Obviously,
just looking decent, right? Obviously, I'm just hyped because I risked a lot
I'm just hyped because I risked a lot more than I should have because we're
more than I should have because we're trying to turn $20,000 into 40. So, I
trying to turn $20,000 into 40. So, I can literally close the position right
can literally close the position right now and then we will have the $40,000 in
now and then we will have the $40,000 in profit that we need. Literally. Oh. Oh
profit that we need. Literally. Oh. Oh [ __ ] Oh. Oh. Oh. What? Oh [ __ ] What
[ __ ] Oh. Oh. Oh. What? Oh [ __ ] What the [ __ ] just happened? Oh [ __ ] Oh. Oh.
the [ __ ] just happened? Oh [ __ ] Oh. Oh. Woah. Woah. Woah. Whoa, whoa, whoa,
Woah. Woah. Woah. Whoa, whoa, whoa, whoa, whoa, whoa, whoa. Whoa, whoa,
whoa, whoa, whoa, whoa. Whoa, whoa, whoa.
whoa. Don't you [ __ ] do it.
Don't you [ __ ] do it. Hold on. I'm in I'm in shock right now.
Hold on. I'm in I'm in shock right now. Yo, I saw 50,000. It was It was at the
Yo, I saw 50,000. It was It was at the bottom of that wick right there. Is news
bottom of that wick right there. Is news happening right now? Probably. Well, now
happening right now? Probably. Well, now I'm on edge. I'm going to put an alarm
I'm on edge. I'm going to put an alarm right around my entry signal just to let
right around my entry signal just to let me know that it is up there. I have to
me know that it is up there. I have to put a an alarm at the bottom of this
put a an alarm at the bottom of this candlestick. If we if we get a
candlestick. If we if we get a candlestick to go back under that wick,
candlestick to go back under that wick, we're pretty much good. We are good.
Okay. You know, you don't want this.
All right. So, currently, right now, we had a little quick uh spaz in the
had a little quick uh spaz in the markets. This is what trading in the
markets. This is what trading in the market is. This is why people go crazy
market is. This is why people go crazy when they risk more money than they
when they risk more money than they should. If I was risking, you know, 3,
should. If I was risking, you know, 3, four, 5% like a normal human, I would
four, 5% like a normal human, I would even care. Oh,
right now, $40,000 floating in profit. That's all we care about.
That's all we care about. Oh [ __ ]
Oh [ __ ] Oh [ __ ] Oh [ __ ] Yo. Oh [ __ ] Yo. No.
Oh [ __ ] Oh [ __ ] Yo. Oh [ __ ] Yo. No. Yo. Yo, I can't Yo, I can't make this
Yo. Yo, I can't Yo, I can't make this up, dude. Yo, I can't make this up,
up, dude. Yo, I can't make this up, dude. Holy Holy [ __ ] Holy [ __ ] bro.
dude. Holy Holy [ __ ] Holy [ __ ] bro. Yo, stop,
Yo, stop, dude.
dude. Oh, we got 100,000. Yo, there's no way.
Oh, we got 100,000. Yo, there's no way. Yo, there's no way.
Yo. Yo, there's no there's no way. Ow, I kind of hurt myself.
kind of hurt myself. Is my watch okay? That's fine. Doesn't
Is my watch okay? That's fine. Doesn't matter. We can buy another one. Oh. Oh.
matter. We can buy another one. Oh. Oh. Oh, dude. Oh. Yo, we're about to be at
Oh, dude. Oh. Yo, we're about to be at 100,000. That's [ __ ] crazy. Yo, the
100,000. That's [ __ ] crazy. Yo, the countdown is legendary.
No, no, no, no. We got to keep going. We got to keep going.
got to keep going. Got to keep going. We got to keep going.
Got to keep going. We got to keep going. 95.
95. Oh, 97. Yo, it's going to hit 100,000.
Oh, 97. Yo, it's going to hit 100,000. Yo, it's going to hit 100,000. We got to
Yo, it's going to hit 100,000. We got to keep going. Look, dude. I think I think
keep going. Look, dude. I think I think we got to like
we got to like Ah, dude. Do we got up to there?
Ah, dude. Do we got up to there? [Music]
[Music] Now, now I just got to focus.
Now, now I just got to focus. What is it?
What is it? Why didn't you do this?
Why didn't you do this? This right here shows you guys that the
This right here shows you guys that the [ __ ]
[ __ ] fundamentals will follow the technicals.
fundamentals will follow the technicals. All right, I got to focus, dude. Market
All right, I got to focus, dude. Market update, boys. Markets update, boys and
update, boys. Markets update, boys and ladies and gentlemen. We have officially
ladies and gentlemen. We have officially officially closed the accounts at No,
officially closed the accounts at No, no, no. Drum roll, please. Thank you
no, no. Drum roll, please. Thank you very much. We have officially closed at
very much. We have officially closed at 90,000
90,000 [ __ ] dollars on the account. So, we
[ __ ] dollars on the account. So, we ended off the week I think about 90,000
ended off the week I think about 90,000 80,000 something like that in profit.
80,000 something like that in profit. And honestly, I didn't have really
And honestly, I didn't have really anything else to do. So, I had a bright
anything else to do. So, I had a bright idea. Why not buy five, six junk cars,
idea. Why not buy five, six junk cars, call my other rich friends, and let's
call my other rich friends, and let's just go play bumper cars.
[ __ ] So, we ended off closing off the week
So, we ended off closing off the week with about 90,000 I think in profit and
with about 90,000 I think in profit and playing bumper cars, which is pretty
playing bumper cars, which is pretty legendary because I got a pretty big
legendary because I got a pretty big group of people together in under two
group of people together in under two hours. Like, imagine you're getting a
hours. Like, imagine you're getting a phone call saying, "Yo, pull up to this
phone call saying, "Yo, pull up to this location and let's play bumper cars."
location and let's play bumper cars." Everybody's reaction is like, "What the
Everybody's reaction is like, "What the fuck?"
fuck?" Good morning, ladies and gentlemen. As
Good morning, ladies and gentlemen. As much as I would want to go right into
much as I would want to go right into the markets and show you my trades on
the markets and show you my trades on this week where I'm going to be turning
this week where I'm going to be turning the $90,000 into 200, I have to spoon
the $90,000 into 200, I have to spoon feed my children, my very special unit
feed my children, my very special unit of children, the haters. Come here. Come
of children, the haters. Come here. Come here. Airplane.
here. Airplane. So, the beginning of week nine,
So, the beginning of week nine, something that I expected to happen
something that I expected to happen happened. the haters. The haters decided
happened. the haters. The haters decided to arise and they decided to then voice
to arise and they decided to then voice their opinions on their challenge. Now,
their opinions on their challenge. Now, keep in mind haters were not voicing
keep in mind haters were not voicing their opinion up to this point. Why?
their opinion up to this point. Why? Because the account wasn't big enough.
Because the account wasn't big enough. Turning 100 to 300 and then 300 to 4 or
Turning 100 to 300 and then 300 to 4 or 5,000, it's just not exciting. But now,
5,000, it's just not exciting. But now, when I started having multiple six
when I started having multiple six figures fluctuating, automatically
figures fluctuating, automatically people wanted to then say, "He's not
people wanted to then say, "He's not showing the trade history. It's not
showing the trade history. It's not real. He blew the account." Like if I
real. He blew the account." Like if I have not been showing every single
have not been showing every single trade, the before, the during, the after
trade, the before, the during, the after up to this point, literally showing
up to this point, literally showing every single trade in my free Telegram,
every single trade in my free Telegram, in my Discord, in my Instagram, on
in my Discord, in my Instagram, on YouTube. They wanted to voice their
YouTube. They wanted to voice their opinions. And I said, "Okay, you know
opinions. And I said, "Okay, you know what? Nobody's going to [ __ ] with my
what? Nobody's going to [ __ ] with my reputation. My reputation is
reputation. My reputation is everything." So I addressed the haters,
everything." So I addressed the haters, showed the trade history, and then
showed the trade history, and then continued on with the journey. Because
continued on with the journey. Because truthfully, if they were concerned about
truthfully, if they were concerned about the challenge being legit at this point,
the challenge being legit at this point, I said, "You know what? Thank you. That
I said, "You know what? Thank you. That means I'm not doing good of enough a
means I'm not doing good of enough a job. Let me double down on making this
job. Let me double down on making this even more transparent and even more
even more transparent and even more legit. Ladies and gentlemen, it is
legit. Ladies and gentlemen, it is currently 11:15
currently 11:15 in the morning. And as of right now, the
in the morning. And as of right now, the account is currently sitting at a
account is currently sitting at a whopping blew the account.
whopping blew the account. It's like $115,000.
It's like $115,000. Now, you know what? Let me just uh
we're currently sitting at $115,000. Now, the reason why I'm not excited is
Now, the reason why I'm not excited is because we could have literally been in
because we could have literally been in this much profit. We've been holding the
this much profit. We've been holding the last trade, but it sucks. So, we had to
last trade, but it sucks. So, we had to overexpose ourselves, but it's okay.
overexpose ourselves, but it's okay. Why? Because the strategy is working
Why? Because the strategy is working once again. NZDCAD literally having left
once again. NZDCAD literally having left head, right shoulder, retest of the
head, right shoulder, retest of the neckline. Exactly what I explained
neckline. Exactly what I explained yesterday on the 1 hour time frame.
yesterday on the 1 hour time frame. Higher high, higher low, higher high.
Higher high, higher low, higher high. Once it breaks and retests this
Once it breaks and retests this neckline, we will be interested in
neckline, we will be interested in selling. And boys, that is exactly what
selling. And boys, that is exactly what we did. We broke and we retested once
we did. We broke and we retested once again. Like does not get any more legit
again. Like does not get any more legit than this. Oh, but you want to know
than this. Oh, but you want to know what's the crazy part? That the downside
what's the crazy part? That the downside potential of this trade is massive. we
potential of this trade is massive. we can reach lows of all the way up to this
can reach lows of all the way up to this structure point right here, but we're
structure point right here, but we're not going to do that. We're not going to
not going to do that. We're not going to be greedy. We're going to be realistic
be greedy. We're going to be realistic and set real takeprofits and we enter
and set real takeprofits and we enter this position. Once we body close under
this position. Once we body close under this right here, we're pretty much good.
this right here, we're pretty much good. And very ironically, the same week that
And very ironically, the same week that I call out the haters is the same week
I call out the haters is the same week where I'm supposed to be fluctuating in
where I'm supposed to be fluctuating in multiple six figures in profits. I
multiple six figures in profits. I actually ended up having the biggest
actually ended up having the biggest loss.
loss. I don't even know why I'm laughing at
I don't even know why I'm laughing at this point. Yeah, the account boys to
this point. Yeah, the account boys to 44,000.
44,000. [ __ ] bro. This is why we can't [ __ ]
[ __ ] bro. This is why we can't [ __ ] around talking [ __ ] We [ __ ] jinxed
around talking [ __ ] We [ __ ] jinxed it. Talking [ __ ] So, we just took a
it. Talking [ __ ] So, we just took a unnecessary $40,000 loss on NZDCAT. The
unnecessary $40,000 loss on NZDCAT. The same week I decided to troll the haters,
same week I decided to troll the haters, which honestly it was kind of funny
which honestly it was kind of funny because I made it even more legit, even
because I made it even more legit, even more transparent, and I expected to win
more transparent, and I expected to win a trade and I lost. I lost in front of
a trade and I lost. I lost in front of everybody. And after I trolled the
everybody. And after I trolled the haters, it was kind of like a it was an
haters, it was kind of like a it was an L on my side. But you know what? I'm
L on my side. But you know what? I'm glad I'm glad that that happened because
glad I'm glad that that happened because that only made me stronger to then come
that only made me stronger to then come into the next week. So, we started off
into the next week. So, we started off the challenge this week on about 90,000
the challenge this week on about 90,000 and we ended off on 40, which kind of
and we ended off on 40, which kind of sucks because after you address haters,
sucks because after you address haters, you want to win. You want to win on the
you want to win. You want to win on the haters. I lost on the haters. Even
haters. I lost on the haters. Even though we did lose 50% of the account, I
though we did lose 50% of the account, I did something the haters can't. I got on
did something the haters can't. I got on a G4 to go to Dominican Republic to not
a G4 to go to Dominican Republic to not only do a podcast on the jet, but to go
only do a podcast on the jet, but to go check out my tobacco farm that I have
check out my tobacco farm that I have for this brand that I'm actually
for this brand that I'm actually building, which is my new cigar brand.
building, which is my new cigar brand. And I said, "Okay, I might have lost for
And I said, "Okay, I might have lost for the week, but let's take this private
the week, but let's take this private jet, this cool podcast, and be back in
jet, this cool podcast, and be back in about 36 hours just to check up on how
about 36 hours just to check up on how the cigars are doing and coming right
the cigars are doing and coming right back." So, the haters had the laugh at
back." So, the haters had the laugh at the beginning of the week, but then I
the beginning of the week, but then I had it at the end of the week. All
had it at the end of the week. All right, ladies and gentlemen, good
right, ladies and gentlemen, good morning. Let's head to our office. So,
morning. Let's head to our office. So, let me show you the starting balance for
let me show you the starting balance for this week on the account. Wrong phone,
this week on the account. Wrong phone, white phone. So, right now, the starting
white phone. So, right now, the starting balance for this week is going to be
balance for this week is going to be $44,000.
$44,000. So, to start off week 10, we got on the
So, to start off week 10, we got on the jet right back to Miami. But before I
jet right back to Miami. But before I leave, I like taking care of the people
leave, I like taking care of the people that took care of me while we were out
that took care of me while we were out in this trip in Dominican Republic. Had
in this trip in Dominican Republic. Had one of the best chefs, one of the best
one of the best chefs, one of the best services. Tent them about $2,000 in ones
services. Tent them about $2,000 in ones that I happen to find in my duffel bag.
that I happen to find in my duffel bag. Don't ask me why it's ones. Don't ask me
Don't ask me why it's ones. Don't ask me how it got there. I don't know.
You know what's funny? You give like you give somebody in the United States
give somebody in the United States $10,000 like cash, like a big stack like
$10,000 like cash, like a big stack like this, and they'll be like, "Thanks."
this, and they'll be like, "Thanks." Like they won't they won't give a [ __ ]
Like they won't they won't give a [ __ ] The first thing that I do when I get
The first thing that I do when I get back is pull up the time piece trading,
back is pull up the time piece trading, buy a new Richard Mill cuz I felt like
buy a new Richard Mill cuz I felt like my wrist was a little weak, you know?
my wrist was a little weak, you know? I'm like, you know what? We've been
I'm like, you know what? We've been doing this for 10 weeks. I need some
doing this for 10 weeks. I need some motivation. I need something better.
motivation. I need something better. Bugatti is not enough and it's broken.
Bugatti is not enough and it's broken. Let's go buy a new Richard Mill.
Let's go buy a new Richard Mill. What you just picked up, it's limited to
What you just picked up, it's limited to 50 pieces in the world. It's the Asia
50 pieces in the world. It's the Asia edition. It's carbon, super light. I
edition. It's carbon, super light. I think it's cool. Like, it's good
think it's cool. Like, it's good contrast from your like your white
contrast from your like your white watch, your gold watch. You know
watch, your gold watch. You know what makes this like the Asia edition?
what makes this like the Asia edition? The the color way. Oh, like a black and
The the color way. Oh, like a black and black,
black, bro. I like this one. I think I'm going
bro. I like this one. I think I'm going to take this one.
to take this one. That's it.
That's it. He's going to sell it to this guy, bro.
He's going to sell it to this guy, bro. [ __ ] it. Why not? We bought a chain for
[ __ ] it. Why not? We bought a chain for Ste. We give away out to him.
Ste. We give away out to him. Cuz you're always giving back.
Cuz you're always giving back. You know what?
You know what? Yeah. What is going on here?
The [ __ ] going on back there? love it.
back there? love it. You know, he never gets gifts. So, I was
You know, he never gets gifts. So, I was like, let me be the first guy to
like, let me be the first guy to actually gift this guy. He's always
actually gift this guy. He's always giving other people stuff. And I thought
giving other people stuff. And I thought it was a nice gesture. He doesn't need
it was a nice gesture. He doesn't need it. Probably got the chain, throws it
it. Probably got the chain, throws it into the safe, and never looks at it
into the safe, and never looks at it ever again. But my conscious is good. We
ever again. But my conscious is good. We are currently in a position that we are
are currently in a position that we are going to continue to set and forget. I
going to continue to set and forget. I mean, I literally just called it last
mean, I literally just called it last night. It's not my first time calling
night. It's not my first time calling it. All right, boys. So, market update.
it. All right, boys. So, market update. We are currently up 41,000.
We are currently up 41,000. So, we're back at We're not even back
So, we're back at We're not even back where we were last week. And we just did
where we were last week. And we just did the dumbest thing ever. We just executed
the dumbest thing ever. We just executed a loss right here because we decided to
a loss right here because we decided to enter this position right around this
enter this position right around this area thinking that it was just going to
area thinking that it was just going to continue to go down. Like when you don't
continue to go down. Like when you don't sleep all night, you just start seeing
sleep all night, you just start seeing [ __ ] But then I go down to the 1 hour.
[ __ ] But then I go down to the 1 hour. I'm like, but wait, this price
I'm like, but wait, this price definitely has the opportunity to come
definitely has the opportunity to come back and retest this level of support
back and retest this level of support and resistance just how it did here. It
and resistance just how it did here. It could even go up further. it could
could even go up further. it could literally go back up all the way up to
literally go back up all the way up to this area right around here before
this area right around here before actually going down.
actually going down. So the 80 lot that I took at that point
So the 80 lot that I took at that point right there, I simply closed it cuz it
right there, I simply closed it cuz it was actually [ __ ] So now I'm
was actually [ __ ] So now I'm currently in this position. Um similarly
currently in this position. Um similarly what I said yesterday, we're ready to
what I said yesterday, we're ready to execute it. We're just waiting for the
execute it. We're just waiting for the right confirmations. We just got the
right confirmations. We just got the break of the structure how I wanted to
break of the structure how I wanted to enter the EMA.
enter the EMA. And yeah, we're in this position now.
And yeah, we're in this position now. So, I'm just going to anticipate for
So, I'm just going to anticipate for price to continue having a push to the
price to continue having a push to the downside after this retest. Uh, we
downside after this retest. Uh, we avoided a loss yesterday on Euro GBP.
avoided a loss yesterday on Euro GBP. Avoided a loss on GBP JPY and avoided a
Avoided a loss on GBP JPY and avoided a loss on Euro AUD. So, we've been dodging
loss on Euro AUD. So, we've been dodging bullets all week. Finally managed to
bullets all week. Finally managed to catch one that aligned with the
catch one that aligned with the strategy. We closed a position at the
strategy. We closed a position at the top of this wick up here and literally
top of this wick up here and literally we probably did the best decision we
we probably did the best decision we could have done. We closed these two
could have done. We closed these two positions at a $2,000 loss for a total
positions at a $2,000 loss for a total of 160 lots. Then we waited for price to
of 160 lots. Then we waited for price to have its rejection. Now, some of you
have its rejection. Now, some of you guys would have been like, "Wow, you
guys would have been like, "Wow, you closed for no reason. You could have
closed for no reason. You could have still been holding the trade." You know
still been holding the trade." You know what? You're right. You're right, dude.
what? You're right. You're right, dude. But you wouldn't be up $63,000 if I did
But you wouldn't be up $63,000 if I did not do that. Why? because I waited for
not do that. Why? because I waited for this next entry bearish engulfing
this next entry bearish engulfing confirmation uh evening star formation
confirmation uh evening star formation under the EMA rejection from the
under the EMA rejection from the structure and I said you know what okay
structure and I said you know what okay fine you want to take me out of break
fine you want to take me out of break even and you want to make me lose an
even and you want to make me lose an extra 15 pips from the original entry
extra 15 pips from the original entry that I originally had up here from this
that I originally had up here from this to this point okay fine I'll make it
to this point okay fine I'll make it back by risking 170 more lots on this
back by risking 170 more lots on this position before we had 160 lots which
position before we had 160 lots which was these positions right here. 80 + 80
was these positions right here. 80 + 80 is 160. You add all these up and we have
is 160. You add all these up and we have 330. So, we essentially almost doubled a
330. So, we essentially almost doubled a little bit over the risk that we had
little bit over the risk that we had before, but we got an extra confirmation
before, but we got an extra confirmation that we did not get here. And you know
that we did not get here. And you know what? I [ __ ] with it because yeah, we
what? I [ __ ] with it because yeah, we lose 15 pips from the entry, but we gain
lose 15 pips from the entry, but we gain 170 lots. It sucks on the short term,
170 lots. It sucks on the short term, but on the long term, trust me, it's
but on the long term, trust me, it's going to pay off,
going to pay off, man. Dude, how stressful, dude, these
man. Dude, how stressful, dude, these last couple of hours.
last couple of hours. Yes. Yes.
Yes. Yes. In profit. Like, we weren't just up
In profit. Like, we weren't just up $70,000 [ __ ] dollars. This shit's
$70,000 [ __ ] dollars. This shit's making me go crazy.
making me go crazy. All right, we just got out right now at
All right, we just got out right now at [ __ ]
[ __ ] I don't know, dude. I don't even know
I don't know, dude. I don't even know how much that is. Um, like $6,000 in
how much that is. Um, like $6,000 in profit, 5,000, whatever.
profit, 5,000, whatever. Bro, what a swing, dude. How do you go
Bro, what a swing, dude. How do you go from like 13 How do you go from $70,000
from like 13 How do you go from $70,000 in profit to then $13,000 in draw down
in profit to then $13,000 in draw down to now only making 4 grand? Tell me how
to now only making 4 grand? Tell me how that works. So, we ended off week 10
that works. So, we ended off week 10 pretty choppy, kind of whack. Can't even
pretty choppy, kind of whack. Can't even lie because we spent a lot of money, but
lie because we spent a lot of money, but we didn't make a lot of money. But then
we didn't make a lot of money. But then come week 11, we do the same thing. Pick
come week 11, we do the same thing. Pick the top pairs for the week. But now this
the top pairs for the week. But now this time, we did a major comeback.
time, we did a major comeback. Welcome to week 11, turning $100 into a
Welcome to week 11, turning $100 into a million. We made up for the slack that
million. We made up for the slack that we did in two weeks because we took the
we did in two weeks because we took the account balance from what we were
account balance from what we were starting at to about $200,000.
starting at to about $200,000. Now, you might be wondering, "What the
Now, you might be wondering, "What the [ __ ] The video just started." It
[ __ ] The video just started." It didn't. The video started yesterday on
didn't. The video started yesterday on Sunday Swings. Welcome, welcome, welcome
Sunday Swings. Welcome, welcome, welcome to another Sunday Swings, where I
to another Sunday Swings, where I literally broke down every single one of
literally broke down every single one of these trades to the tea. I entered USD
these trades to the tea. I entered USD CAD on the sales once again. So if you
CAD on the sales once again. So if you guys go watch last week's series, you
guys go watch last week's series, you guys would see what I went through last
guys would see what I went through last week right here at this very moment. I
week right here at this very moment. I entered this trade, got stopped out at
entered this trade, got stopped out at break even. I closed out a break even. I
break even. I closed out a break even. I entered this trade, closed myself out of
entered this trade, closed myself out of break even right here. It was an
break even right here. It was an absolute brutal Friday. Now price came
absolute brutal Friday. Now price came back into the area, did exactly what I
back into the area, did exactly what I said it was going to do, and then we
said it was going to do, and then we executed the positions right at the top
executed the positions right at the top of this area. Such a beautiful trade.
of this area. Such a beautiful trade. Look at this retest here from this level
Look at this retest here from this level of support, support, support,
of support, support, support, resistance, rejection from the EMA.
resistance, rejection from the EMA. Daily time frame currently having that
Daily time frame currently having that re break of structure. This daily
re break of structure. This daily candlestick engulf 1 2 3 4 5 6 7 8 9 10
candlestick engulf 1 2 3 4 5 6 7 8 9 10 11 candlesticks. Then we had the
11 candlesticks. Then we had the pullback. Then we had the weekly double
pullback. Then we had the weekly double dogee rejection from the EMA, rejection
dogee rejection from the EMA, rejection from the structure. Like there's so many
from the structure. Like there's so many things that are going to make this trade
things that are going to make this trade create a new lower low rather than
create a new lower low rather than create a higher high. All I did was
create a higher high. All I did was simply re-enter the trade where I was
simply re-enter the trade where I was originally entered. The only thing that
originally entered. The only thing that changed is the mindset behind when I
changed is the mindset behind when I entered this trade versus when I entered
entered this trade versus when I entered this trade. But if you notice, I'm
this trade. But if you notice, I'm taking the exact same trade. Look at the
taking the exact same trade. Look at the pattern formation here and where it is.
pattern formation here and where it is. It's at the area of interest EMA. Look
It's at the area of interest EMA. Look at the pattern formation here. It's at
at the pattern formation here. It's at the area of interest and EMA. And then
the area of interest and EMA. And then you simply set and forgets. And we are
you simply set and forgets. And we are now up $168,000. And yes, it's the same
now up $168,000. And yes, it's the same account as always, boys. You guys can
account as always, boys. You guys can see right here in the trade history. We
see right here in the trade history. We can like I can literally close this
can like I can literally close this position right now. So, it's literally
position right now. So, it's literally Monday morning and I can literally close
Monday morning and I can literally close out this position at this very point
out this position at this very point right here and be done for the week. And
right here and be done for the week. And there goes this series 5 minutes. But
there goes this series 5 minutes. But you know what? We're not stopping there.
you know what? We're not stopping there. We're going to keep it going. We're
We're going to keep it going. We're going to try and turn this hundred
going to try and turn this hundred something thousand into the million
something thousand into the million today. Now, the goal for the week was to
today. Now, the goal for the week was to double the account. And like always, I
double the account. And like always, I see the structure continuing with the
see the structure continuing with the trend. So, I'm going to set and forget.
trend. So, I'm going to set and forget. I want to maximize my profits, but
I want to maximize my profits, but minimize my losses. Trade update. It is
minimize my losses. Trade update. It is currently 12:45
currently 12:45 in the morning. It's about to be 1:00
in the morning. It's about to be 1:00 a.m. Right now, we are in a new position
a.m. Right now, we are in a new position where now the account is up 35 gazillion
where now the account is up 35 gazillion dollars. I'm kidding. We're still at the
dollars. I'm kidding. We're still at the same exact spot. Still no trades that we
same exact spot. Still no trades that we have added on to the challenge. So, we
have added on to the challenge. So, we did miss this new added position on USD
did miss this new added position on USD CAT. As you guys can see, prices
CAT. As you guys can see, prices actually had a retracement to the area
actually had a retracement to the area exactly how I anticipated. Price came
exactly how I anticipated. Price came back, reaches this structure level, and
back, reaches this structure level, and now it looks like it's having a sell
now it looks like it's having a sell down. We literally pulled out, right? I
down. We literally pulled out, right? I mean, you know, we had a little bit more
mean, you know, we had a little bit more that we could have potentially gotten,
that we could have potentially gotten, but you know, it's simply not worth it.
but you know, it's simply not worth it. So, we got out at the perfect area right
So, we got out at the perfect area right before this retracement. We're looking
before this retracement. We're looking to add positions here, but the session
to add positions here, but the session was not the right session to be entering
was not the right session to be entering this trade. So, for me to be interested
this trade. So, for me to be interested in adding a new position, I would have
in adding a new position, I would have to wait for a retest here to then head
to wait for a retest here to then head to the downside. So, I'm going to be
to the downside. So, I'm going to be waiting for that lower high to then
waiting for that lower high to then sell. Wake up the next day and I see the
sell. Wake up the next day and I see the trade could have tripled the account. I
trade could have tripled the account. I could have closed the account at half a
could have closed the account at half a million dollars by doing nothing. And,
million dollars by doing nothing. And, you know, this did mess with my
you know, this did mess with my psychology a little bit, but I'm leading
psychology a little bit, but I'm leading by example. I have too many people
by example. I have too many people watching me. I have to be realistic and
watching me. I have to be realistic and be like, you know what, guys? This is
be like, you know what, guys? This is going to happen. You're going to set and
going to happen. You're going to set and forget and you're going to close at the
forget and you're going to close at the point where you thought it was the final
point where you thought it was the final point before price reversed. But the
point before price reversed. But the trade keeps on going. It's okay. You
trade keeps on going. It's okay. You made money. You hit your take profit.
made money. You hit your take profit. You move on. So, I did miss out on about
You move on. So, I did miss out on about 300K on the trade. But it's okay because
300K on the trade. But it's okay because I hit the profit for the week and we
I hit the profit for the week and we showed people that we can come back from
showed people that we can come back from two losing weeks, two break even weeks
two losing weeks, two break even weeks to now tripling the account on one
to now tripling the account on one single trade.
It's week 12 of me turning this into a million day trading. So on week 12 is
million day trading. So on week 12 is where things start getting a little
where things start getting a little interesting because now every single
interesting because now every single trade we're about to take is going to
trade we're about to take is going to fluctuate hundreds of thousands of
fluctuate hundreds of thousands of dollars. So, like always, the pairs that
dollars. So, like always, the pairs that we analyzed on Sunday swings ended up
we analyzed on Sunday swings ended up taking it. We fluctuated up and down.
taking it. We fluctuated up and down. Trade update. I feel like I I feel like
Trade update. I feel like I I feel like I've said this a million times. Trade
I've said this a million times. Trade update. Right now, we are up $59,000
update. Right now, we are up $59,000 on the account. But not only have I said
on the account. But not only have I said this a million times, I'm talking about
this a million times, I'm talking about this. Oh, oh, oh.
this. Oh, oh, oh. Yo, what is going on every single time?
Yo, what is going on every single time? Yo, what the [ __ ] Yo, it's every time,
Yo, what the [ __ ] Yo, it's every time, dude. Yo, I can't make this up, dude.
dude. Yo, I can't make this up, dude. Yo, I can't make this [ __ ] up, bro. I
Yo, I can't make this [ __ ] up, bro. I can't make this up,
can't make this up, bro. I was literally going to say we
bro. I was literally going to say we have the head and shoulders pattern. We
have the head and shoulders pattern. We see this pattern a gazillion times and
see this pattern a gazillion times and then we usually always have the retest
then we usually always have the retest to then sell. Dude, what is happening,
to then sell. Dude, what is happening, dude? What is happening, bro?
All right. Well, look at that. There goes our trade update right there. We're
goes our trade update right there. We're up 100,000. The goal for the week is
up 100,000. The goal for the week is half a ticket, bro. Almost was there.
half a ticket, bro. Almost was there. Come on. Do your thing. Yeah. And dude,
Come on. Do your thing. Yeah. And dude, I was just so calm. I was so relaxed. I
I was just so calm. I was so relaxed. I was so pacific.
was so pacific. Well, the goal was to show you guys that
Well, the goal was to show you guys that what I said we needed yesterday to
what I said we needed yesterday to happen, which was the head and
happen, which was the head and shoulders. We put our alarm at the ship
shoulders. We put our alarm at the ship structure and once we body close under
structure and once we body close under it, we get the retest and then we sell.
it, we get the retest and then we sell. That's basically it. We've we've said it
That's basically it. We've we've said it a 100 [ __ ] times.
a 100 [ __ ] times. You can't make this up, dude. You cannot
You can't make this up, dude. You cannot make this up. Okay, so right now we are
make this up. Okay, so right now we are up exactly a one to one and we're up
up exactly a one to one and we're up about 100,000.
about 100,000. That means when we get 2011 to 2, we
That means when we get 2011 to 2, we should be up 200,000. And when we get
should be up 200,000. And when we get 2011 to 3, we'll be up 300,000. Isn't
2011 to 3, we'll be up 300,000. Isn't that beautiful? Don't you want to have
that beautiful? Don't you want to have your easy math like that? Every single
your easy math like that? Every single time you add a risk-to-reward, it's just
time you add a risk-to-reward, it's just an extra 100k. 100k. 100k sounds good to
an extra 100k. 100k. 100k sounds good to me. This is why I didn't want to
me. This is why I didn't want to celebrate earlier or be anywhere near
celebrate earlier or be anywhere near excited because I expected for something
excited because I expected for something like this to happen. We are currently
like this to happen. We are currently down about $25,000 in the account when
down about $25,000 in the account when we were up earlier about $150,000 at the
we were up earlier about $150,000 at the height of it.
The markets did the dead out of me. Look at this. Price went not only straight
at this. Price went not only straight into our stop loss, but a complete
into our stop loss, but a complete violation. Break through the previous
violation. Break through the previous structure level, almost through the
structure level, almost through the screen, and out the [ __ ] roof. We
screen, and out the [ __ ] roof. We just got diddy didd in the didd.
just got diddy didd in the didd. Is that even real? [ __ ] Luckily, we did
Is that even real? [ __ ] Luckily, we did not risk much on the position. We are
not risk much on the position. We are only back at $135,000
only back at $135,000 and we only took about a $68,000
and we only took about a $68,000 loss on the account which given this
loss on the account which given this trade I should have risked 100%. But I
trade I should have risked 100%. But I explained to you the higher I go in the
explained to you the higher I go in the account I lower my risk by 25 to 50%. So
account I lower my risk by 25 to 50%. So I'm not even mad. I I I'm not it's just
I'm not even mad. I I I'm not it's just it's one of those losses with this type
it's one of those losses with this type of approach. You know, Albert Einstein
of approach. You know, Albert Einstein has projects that sometimes don't don't
has projects that sometimes don't don't do well. And right now, we are not doing
do well. And right now, we are not doing well. We're still at the same exact
well. We're still at the same exact spot. Still no new positions into the
spot. Still no new positions into the account. So, our trade deals are going
account. So, our trade deals are going to potentially start moving as of right
to potentially start moving as of right now. GBPCHF for cells. I love how this
now. GBPCHF for cells. I love how this price action is currently looking right
price action is currently looking right now. Daily time frame closed with a
now. Daily time frame closed with a daily dogee. And if we go down to the 1
daily dogee. And if we go down to the 1 hour, 1 hour has had what looks to be
hour, 1 hour has had what looks to be like a little double top. I'm literally
like a little double top. I'm literally going to wait for a break and retest
going to wait for a break and retest under this area right here. So, this is
under this area right here. So, this is kind of like the consolidation zone it's
kind of like the consolidation zone it's in. So, I want to have some type of
in. So, I want to have some type of break out of this and then a quick
break out of this and then a quick retest, then sell. A little breakout,
retest, then sell. A little breakout, then a quick retest, then sell.
then a quick retest, then sell. Everything depends on the price action.
Everything depends on the price action. But, I want to enter here, but I can't
But, I want to enter here, but I can't enter here right now. I need the
enter here right now. I need the breakout confirmation and then the
breakout confirmation and then the pullback to enter here. I don't mind
pullback to enter here. I don't mind entering a little bit lower, but I just
entering a little bit lower, but I just need the confirmation that it's having a
need the confirmation that it's having a breakout. It's having a move. We are up
breakout. It's having a move. We are up $238,000
[ __ ] dollars. GBPCHF trade update. So, right now we have
trade update. So, right now we have three very unique entries on GBPCHF and
three very unique entries on GBPCHF and I want to explain them to perfection
I want to explain them to perfection because this moved very fast. Literally
because this moved very fast. Literally only like 4 hours. This is just one
only like 4 hours. This is just one candlestick. So, GBPCHF, we had the
candlestick. So, GBPCHF, we had the 4hour bearish engulfing how I wanted
4hour bearish engulfing how I wanted from that area and then we obviously
from that area and then we obviously entered at the breakout of all of this
entered at the breakout of all of this consolidation zone here. I entered on
consolidation zone here. I entered on this 1 in the morning candlestick as it
this 1 in the morning candlestick as it was getting ready to close. Entered
was getting ready to close. Entered right there. Spread took a little bit
right there. Spread took a little bit down and then we had our next entry on
down and then we had our next entry on this 15minute pullback. So, we had the
this 15minute pullback. So, we had the full move. I'm like, yes, amazing,
full move. I'm like, yes, amazing, beautiful. But then we had this
beautiful. But then we had this pullback. And on this pullback, I waited
pullback. And on this pullback, I waited for this engulfing confirmation. We
for this engulfing confirmation. We entered on this pullback of this wick.
entered on this pullback of this wick. And then the next entry, we entered at
And then the next entry, we entered at the bottom of that rejection candle
the bottom of that rejection candle right there. And those are our three
right there. And those are our three entries. We have our first one up here,
entries. We have our first one up here, our second one right here, and our third
our second one right here, and our third one right around here. And our takerit
one right around here. And our takerit was very strategically placed at this
was very strategically placed at this next 4hour low. So as you can see, the 4
next 4hour low. So as you can see, the 4 hours is clearly bearish. Higher, high,
hours is clearly bearish. Higher, high, higher low. D bearish lower low, lower
higher low. D bearish lower low, lower high, lower low, lower high. We're
high, lower low, lower high. We're destined to create a new lower low. But
destined to create a new lower low. But up to where? Up to this structure point.
up to where? Up to this structure point. And you can clearly see that price has
And you can clearly see that price has very well reacted from that structure
very well reacted from that structure point. This is only a 1 to 2.7
point. This is only a 1 to 2.7 risk-to-reward. And we've risked a lot
risk-to-reward. And we've risked a lot more than what we're risking here on
more than what we're risking here on different markets. This move just
different markets. This move just happens to be very, very volatile. Like
happens to be very, very volatile. Like we're up 102 pips right now.
we're up 102 pips right now. You got to set and forget. The trade
You got to set and forget. The trade either hits my stop loss or hits my
either hits my stop loss or hits my takeprofit. Can I set and forget? And
takeprofit. Can I set and forget? And the trade ended up closing off at the
the trade ended up closing off at the highest point, which I think it was
highest point, which I think it was about $400,000
about $400,000 at this point where the challenge is
at this point where the challenge is right now. So, we stuck to our trading
right now. So, we stuck to our trading plan. We held oursel accountable while
plan. We held oursel accountable while doing this live in front of hundreds of
doing this live in front of hundreds of thousands of people on my Telegram,
thousands of people on my Telegram, Discord, Instagram, YouTube, absolutely
Discord, Instagram, YouTube, absolutely everywhere. I'm not the only one making
everywhere. I'm not the only one making money at this point. There are so many
money at this point. There are so many of you guys that have done your own
of you guys that have done your own flips that I'm like, "Oh [ __ ] this
flips that I'm like, "Oh [ __ ] this shit's getting serious." I did a podcast
shit's getting serious." I did a podcast with a student that by copying my exact
with a student that by copying my exact same trades, he took uh what was it? I
same trades, he took uh what was it? I think he did $1,000 to $150,000.
think he did $1,000 to $150,000. This guy by just watching my Instagram
This guy by just watching my Instagram stories became a six figure person by
stories became a six figure person by watching 10-second Instagram stories.
watching 10-second Instagram stories. Talk about [ __ ] batting. Trade
Talk about [ __ ] batting. Trade update. We closed at 332,000
update. We closed at 332,000 trade history. As you guys can see, we
trade history. As you guys can see, we have officially closed the position at
have officially closed the position at the highest point keyword. We've closed
the highest point keyword. We've closed the position. We were just up 400,000.
the position. We were just up 400,000. We lost 70K just because of [ __ ]
We lost 70K just because of [ __ ] floating [ __ ] P&L.
Well, you know what? We actually won a trade. We shouldn't be doing that. So,
trade. We shouldn't be doing that. So, after we closed off on week 12 at about
after we closed off on week 12 at about $400,000, on week 13, I got a bright
$400,000, on week 13, I got a bright idea. We're going to [ __ ] live stream
idea. We're going to [ __ ] live stream the last trade, trading 400 into a
the last trade, trading 400 into a million. [ __ ] it. I came up with a
million. [ __ ] it. I came up with a bright idea to do it on Instagram. I go
bright idea to do it on Instagram. I go on Instagram, try to do an IG live,
on Instagram, try to do an IG live, doesn't let me. Said, "Okay, you know
doesn't let me. Said, "Okay, you know what? Everything happens for a reason.
what? Everything happens for a reason. Let's then go to YouTube." And we start
Let's then go to YouTube." And we start a live stream turning $400,000 to
a live stream turning $400,000 to $800,000. All right, ladies and
$800,000. All right, ladies and gentlemen, welcome to the live stream.
gentlemen, welcome to the live stream. Today in the morning when I w I
Today in the morning when I w I literally just woke up like an hour ago
literally just woke up like an hour ago and I'm seeing the trade that I took
and I'm seeing the trade that I took last night. I'm like, "Yo, I have to do
last night. I'm like, "Yo, I have to do an IG live from the moment that I wake
an IG live from the moment that I wake up till this trade hits a million." Then
up till this trade hits a million." Then I go to my IG. So I'm going to show you
I go to my IG. So I'm going to show you guys right now. So this is my account as
guys right now. So this is my account as you guys can see. When I go into my
you guys can see. When I go into my account, I go into my settings and I'm
account, I go into my settings and I'm trying to go on live. So look, I'm I'm
trying to go on live. So look, I'm I'm going to do it right now with you guys,
going to do it right now with you guys, right? So right here on my IG, I try and
right? So right here on my IG, I try and go live. So I click here live
go live. So I click here live at this time, your account is not
at this time, your account is not eligible to use this. So even if I
eligible to use this. So even if I wanted to, I couldn't go live on
wanted to, I couldn't go live on Instagram. And I'm like, [ __ ] how do I
Instagram. And I'm like, [ __ ] how do I stream? Like for me, this very point the
stream? Like for me, this very point the whole entire way of me turning the
whole entire way of me turning the hundred to the mil. Like it's going to
hundred to the mil. Like it's going to literally be like the rawest day in the
literally be like the rawest day in the life that I think anybody has ever done.
life that I think anybody has ever done. So, basically, we're going to stream
So, basically, we're going to stream until this account turns into a mill.
until this account turns into a mill. Whether it happens today, tomorrow, the
Whether it happens today, tomorrow, the day after. I don't plan to turn off the
day after. I don't plan to turn off the stream until we don't reach the million.
stream until we don't reach the million. So, this can last an hour, which I don't
So, this can last an hour, which I don't think so based off of the price action.
think so based off of the price action. Or this can last 24 hours. This can last
Or this can last 24 hours. This can last 48 hours. I will not shut off this
48 hours. I will not shut off this stream until we don't complete the
stream until we don't complete the challenge. This is something that is
challenge. This is something that is legendary and I want it to be documented
legendary and I want it to be documented the whole entire way. So get prepared,
the whole entire way. So get prepared, get comfortable because this is going to
get comfortable because this is going to be an interesting
be an interesting 24 hours, 48 hours, you guys are going
24 hours, 48 hours, you guys are going to see real day in my life. Obviously
to see real day in my life. Obviously like if I had to enter some meetings and
like if I had to enter some meetings and stuff, you know, I can't have you guys
stuff, you know, I can't have you guys be part of that. I'll just kind of like
be part of that. I'll just kind of like put it to the phone and [ __ ] So
put it to the phone and [ __ ] So I mean we're we're live, bro. Like what
I mean we're we're live, bro. Like what do we do now? Like we're just live.
do we do now? Like we're just live. Look, this is literally live right now.
Look, this is literally live right now. Focus.
Focus. How much are we up? 600. [ __ ]
History. Hold up.
Hold up. Is it focusing?
Is it focusing? Yeah. Put a little higher.
Yeah. Put a little higher. Yeah. There you go.
Yeah. There you go. You want it higher than that? Huh? Okay.
You want it higher than that? Huh? Okay. So basically we have USD CHF where
So basically we have USD CHF where basically we have been interested in
basically we have been interested in taking this position since early this
taking this position since early this week. You guys can tell how we've had
week. You guys can tell how we've had this very strong consolidation zone and
this very strong consolidation zone and then what we ended up doing is we broke
then what we ended up doing is we broke out of that consolidation zone. Let me
out of that consolidation zone. Let me actually take off all these writings. So
actually take off all these writings. So once we broke out of this consolidation
once we broke out of this consolidation zone, we were then waiting for price to
zone, we were then waiting for price to have a retest of this area. Once it
have a retest of this area. Once it retested this structure, then we would
retested this structure, then we would continue to head to the upside. Now,
continue to head to the upside. Now, this had the retest exactly not exactly
this had the retest exactly not exactly as I wanted to, but it made it to the
as I wanted to, but it made it to the area. And we had the most important
area. And we had the most important thing, which is going to be our entry
thing, which is going to be our entry signal, which is this right here. This
signal, which is this right here. This right here is our entry signal. Not this
right here is our entry signal. Not this specifically, but there is something in
specifically, but there is something in here that happened that is my entry
here that happened that is my entry signal. And I don't really ever speak
signal. And I don't really ever speak about it. And you know what? I'm going
about it. And you know what? I'm going to talk about it on the stream, but not
to talk about it on the stream, but not right now because we just got started
right now because we just got started with the stream and I don't see this
with the stream and I don't see this market moving for the next
7 hours. So, only to the soldiers that are with me for these next seven hours
are with me for these next seven hours that I'm doing this stream am I going to
that I'm doing this stream am I going to actually break everything down of my
actually break everything down of my strategy and everything. So, I I I you
strategy and everything. So, I I I you know, I feel like I came up with this
know, I feel like I came up with this idea and I haven't really processed
idea and I haven't really processed that. We didn't really put too much
that. We didn't really put too much thought into,
thought into, bro. For real, dude. What the [ __ ] bro?
bro. For real, dude. What the [ __ ] bro? Cuz now I can't turn it off.
Cuz now I can't turn it off. I just can't. I'm so committed. I I
I just can't. I'm so committed. I I can't. I live streamed for literally 26
can't. I live streamed for literally 26 hours. I was with you guys when I went
hours. I was with you guys when I went to throw away trash, when I went to go
to throw away trash, when I went to go eat, when I went to go drift, when I
eat, when I went to go drift, when I went to go do my day-to-day life. I
went to go do my day-to-day life. I literally was with you guys all the
literally was with you guys all the time. So, I did want to say this is
time. So, I did want to say this is probably one of the most spontaneous
probably one of the most spontaneous little events I've done. I probably
little events I've done. I probably expected five people to pull up, six
expected five people to pull up, six people to pull up. We have well over
people to pull up. We have well over almost like 50 60 people. It's two in
almost like 50 60 people. It's two in the morning. You guys are maniacs,
the morning. You guys are maniacs, right? I'm letting you guys know. I
right? I'm letting you guys know. I thought I was a freak staying up all
thought I was a freak staying up all night watching the markets.
night watching the markets. You are.
You are. Well, I'm not I'm
Well, I'm not I'm could be a maniac. I could be a maniac,
could be a maniac. I could be a maniac, but I'm not the only one. I'm surrounded
but I'm not the only one. I'm surrounded by other people that are passionate
by other people that are passionate about this [ __ ] People that are willing
about this [ __ ] People that are willing to do whatever the [ __ ] it takes to make
to do whatever the [ __ ] it takes to make this [ __ ] go down. And like, yeah, it's
this [ __ ] go down. And like, yeah, it's cool that I, you know, dropped the pin
cool that I, you know, dropped the pin and was able to get you guys here
and was able to get you guys here together, but like this [ __ ] is not
together, but like this [ __ ] is not about me, bro. Like, this is about you
about me, bro. Like, this is about you guys. You guys got to realize that you
guys. You guys got to realize that you guys are doing the same thing that I'm
guys are doing the same thing that I'm doing to be able to be on the same
doing to be able to be on the same journey that I am. You guys are staying
journey that I am. You guys are staying up. You guys are putting money at risk.
up. You guys are putting money at risk. You guys are learning, failing, rinse
You guys are learning, failing, rinse and repeating. And over time, you're not
and repeating. And over time, you're not the same person that you were last month
the same person that you were last month compared to now. So, I just want to say
compared to now. So, I just want to say like the people that you are around
like the people that you are around right now are the people you want to be
right now are the people you want to be around with. You're the fifth person out
around with. You're the fifth person out of your four people in your friend
of your four people in your friend group. If your four friends are smoking
group. If your four friends are smoking weed, you're [ __ ] smoking weed. If
weed, you're [ __ ] smoking weed. If your four friends are diddy, you're the
your four friends are diddy, you're the fifth Diddy. That's how it go.
fifth Diddy. That's how it go. You guys were telling me to close a
You guys were telling me to close a trade when we were up 700,000.
trade when we were up 700,000. This is not done. There's a lot more in
This is not done. There's a lot more in this.
this. You guys told me to close a trade when
You guys told me to close a trade when price started pulling back and we were
price started pulling back and we were at 600,000. And on the live stream, not
at 600,000. And on the live stream, not only am I answering all your guys'
only am I answering all your guys' questions, but I am literally engraving
questions, but I am literally engraving the mindset. You need to adapt to be
the mindset. You need to adapt to be able to handle these types of swings.
able to handle these types of swings. The trade isn't done. If the trade has
The trade isn't done. If the trade has not hit the takerit, you do not close.
not hit the takerit, you do not close. The trade was at about 700,000 and I
The trade was at about 700,000 and I wish you could see the chat. Literally
wish you could see the chat. Literally thousands of people live watching saying
thousands of people live watching saying close, close, close, close. Clearly,
close, close, close, close. Clearly, none of these people are my students and
none of these people are my students and they don't know how the set and forget
they don't know how the set and forget strategy works. The set and forget
strategy works. The set and forget strategy works by set and forgetting.
strategy works by set and forgetting. You have a stop-loss. You have a
You have a stop-loss. You have a takerit. Price is either going to hit
takerit. Price is either going to hit one or the other. And guess what we did?
one or the other. And guess what we did? We set and [ __ ] forget.
We set and [ __ ] forget. We have officially closed the challenge
We have officially closed the challenge at 800,000.
at 800,000. Just do it. The trade not only hit our
Just do it. The trade not only hit our takerit and we close at 800,000. The
takerit and we close at 800,000. The trade continued to create new highs. If
trade continued to create new highs. If I would have just continued to hold for
I would have just continued to hold for two more hours, I would have completely
two more hours, I would have completely finished the challenge at this very
finished the challenge at this very moment. I could have finished it on a
moment. I could have finished it on a legendary 26-hour stream. But you know
legendary 26-hour stream. But you know what? I'm glad that I followed my
what? I'm glad that I followed my strategy and I closed at where I did
strategy and I closed at where I did because then this gave me the
because then this gave me the opportunity on week 14 to start off a
opportunity on week 14 to start off a stream right at the beginning of the
stream right at the beginning of the week where then we took the final
week where then we took the final $800,000 to then the million. And all I
$800,000 to then the million. And all I can say, you know what? I'm gonna let
can say, you know what? I'm gonna let the stream speak for itself.
So that was like looking back at those clips right now, it really lets me just
clips right now, it really lets me just like settle in and realize, bro, what I
like settle in and realize, bro, what I was doing, I I was out of my mind. I was
was doing, I I was out of my mind. I was losing sleep every single night. I was
losing sleep every single night. I was taking a unnecessary amount of stress
taking a unnecessary amount of stress that I didn't need to take. And
that I didn't need to take. And honestly, I just put this challenge on
honestly, I just put this challenge on my shoulders for whatever reason that I
my shoulders for whatever reason that I came up to it. But if there's something
came up to it. But if there's something that I did realize after watching back
that I did realize after watching back on these videos and looking at what I
on these videos and looking at what I did is that I stayed true to one thing
did is that I stayed true to one thing and that is my strategy. Every single
and that is my strategy. Every single trade that I took, I had an extreme
trade that I took, I had an extreme consistency behind every single trade. I
consistency behind every single trade. I understood exactly the type of trade
understood exactly the type of trade that I was taking. I was reading market
that I was taking. I was reading market structure the proper way. I was properly
structure the proper way. I was properly having a trade hit my area of interest.
having a trade hit my area of interest. I was having a trade properly giving my
I was having a trade properly giving my entry signal at the right time. Like
entry signal at the right time. Like despite all the noise and everything
despite all the noise and everything going down, I stuck to one simple
going down, I stuck to one simple approach into the market and that is
approach into the market and that is confluence trading. Having the trade
confluence trading. Having the trade makes sense. Now yes, was it fun? Was it
makes sense. Now yes, was it fun? Was it exciting? Was it a crazy journey? Yes.
exciting? Was it a crazy journey? Yes. Will I do it again? Maybe. I think that
Will I do it again? Maybe. I think that that person that I was when I started
that person that I was when I started that challenge was not the same person
that challenge was not the same person that came out at the end of the other
that came out at the end of the other side. And the person that I am today is
side. And the person that I am today is not the same person even when I finished
not the same person even when I finished that challenge because that just led me
that challenge because that just led me to understand not only the markets in a
to understand not only the markets in a different way, but that let me
different way, but that let me understand myself and just trading as a
understand myself and just trading as a whole. understanding the opportunity
whole. understanding the opportunity that trading has to offer and the real
that trading has to offer and the real raw way of flipping accounts, aggressive
raw way of flipping accounts, aggressive trading, uh just just just being a
trading, uh just just just being a fullblown trader. Just every single
fullblown trader. Just every single thing that I would wake up, eat, sleep,
thing that I would wake up, eat, sleep, breathe would just be trading. There was
breathe would just be trading. There was nothing else that was on my mind for
nothing else that was on my mind for those three months of me completing that
those three months of me completing that journey. And if there's something that I
journey. And if there's something that I would take away from that whole entire
would take away from that whole entire journey, it would be that for you to
journey, it would be that for you to succeed in this, for you to do what I do
succeed in this, for you to do what I do in this or what other people are doing
in this or what other people are doing in this is that you need to do exactly
in this is that you need to do exactly that. You need to immerse yourself in
that. You need to immerse yourself in this. Like this needs to be what you
this. Like this needs to be what you eat, sleep, breathe. I have so many
eat, sleep, breathe. I have so many people that come up to me in the public
people that come up to me in the public and they're like, "Hey man, like I I
and they're like, "Hey man, like I I really want to have this this trading
really want to have this this trading stuff as like a side gig. Like I want to
stuff as like a side gig. Like I want to have an extra source of income." I'm
have an extra source of income." I'm like, "Buddy, that's not going to
like, "Buddy, that's not going to happen." Like, trading is not going to
happen." Like, trading is not going to be an extra source of income for you.
be an extra source of income for you. Like, you're either allin or you're not.
Like, you're either allin or you're not. Can it become an extra source of income
Can it become an extra source of income in the future once you understand how to
in the future once you understand how to trade and how you do this properly? Yes,
trade and how you do this properly? Yes, of course, 100%. But you first need to
of course, 100%. But you first need to be all in how I was in that challenge to
be all in how I was in that challenge to understand the markets and understand
understand the markets and understand yourself on how to understand the
yourself on how to understand the markets. And then once you understand
markets. And then once you understand everything, you could treat it as a side
everything, you could treat it as a side gig because you get it. But you can't
gig because you get it. But you can't get something into you don't actually
get something into you don't actually get it. That is probably the biggest
get it. That is probably the biggest takeaway that I took from this whole
takeaway that I took from this whole entire challenge is that I really en
entire challenge is that I really en engulfed myself in the market as a
engulfed myself in the market as a whole. And if there's something that I
whole. And if there's something that I now have so much passion for is not only
now have so much passion for is not only trading, but it's getting other traders
trading, but it's getting other traders to understand the markets exactly how I
to understand the markets exactly how I do it at this point. I have students of
do it at this point. I have students of mine now that they break down the trades
mine now that they break down the trades and they not only break them down just
and they not only break them down just like me, but they almost sound like me.
like me, but they almost sound like me. Like they're literally reading the
Like they're literally reading the markets. They're talking head and
markets. They're talking head and shoulder. They're talking area of
shoulder. They're talking area of interest. They're talking shift to
interest. They're talking shift to structure at the exact points where I do
structure at the exact points where I do when I break down the trade. Sometimes
when I break down the trade. Sometimes some of my students I'm like I don't
some of my students I'm like I don't even need to teach anymore. Like you
even need to teach anymore. Like you guys can do this for me because this is
guys can do this for me because this is like speaking a language. Trading is not
like speaking a language. Trading is not difficult. All you need to do is just
difficult. All you need to do is just simply learn. Something's not hard if
simply learn. Something's not hard if you don't know it. But when you know it,
you don't know it. But when you know it, you simply know it. For me right now,
you simply know it. For me right now, talking Chinese will be very difficult.
talking Chinese will be very difficult. But is it impossible? No. Will it take
But is it impossible? No. Will it take me a year to be able to perfect it and
me a year to be able to perfect it and be able to fluently listen to Chinese
be able to fluently listen to Chinese music? Yeah, I'm not going to get it
music? Yeah, I'm not going to get it right off the bat. But if I surround
right off the bat. But if I surround myself with a bunch of people that speak
myself with a bunch of people that speak Chinese and are constantly communicating
Chinese and are constantly communicating in it and we're writing it down and
in it and we're writing it down and everything we do is in Chinese, I'm
everything we do is in Chinese, I'm going to be able to grab it a lot
going to be able to grab it a lot faster. And that's where I've been
faster. And that's where I've been dedicating a lot of my time to lately.
dedicating a lot of my time to lately. And it's getting these right people in
And it's getting these right people in the right environment to be speaking
the right environment to be speaking this right language. The people inside
this right language. The people inside of my community, my community is no
of my community, my community is no longer open to the public. Like
longer open to the public. Like everything I've lit I like the people
everything I've lit I like the people that want to learn how to trade and
that want to learn how to trade and learn how to properly read the markets,
learn how to properly read the markets, like this is what YouTube is for. This
like this is what YouTube is for. This is what this platform is for. It's for
is what this platform is for. It's for you guys to just go ahead and and have
you guys to just go ahead and and have everything on one spot. That's what this
everything on one spot. That's what this is for. But the people that actually
is for. But the people that actually want to take trading serious and
want to take trading serious and actually learn a strategy and be a part
actually learn a strategy and be a part of a community, that's what I dedicate
of a community, that's what I dedicate my time to. back. I have a very very
my time to. back. I have a very very small circle of traders where I break
small circle of traders where I break down trades with them live. I get to
down trades with them live. I get to review their trades live. People get to
review their trades live. People get to actually be on a Zoom call with me
actually be on a Zoom call with me one-on-one. They get to open their mic,
one-on-one. They get to open their mic, ask me questions. These are people that
ask me questions. These are people that are actually serious about trading.
are actually serious about trading. Like, if you want to know what trading
Like, if you want to know what trading is, how trading works, what is a support
is, how trading works, what is a support and resistance, what is a this, what is
and resistance, what is a this, what is a that, that that's what my YouTube is
a that, that that's what my YouTube is for, and I will gladly do that for you.
for, and I will gladly do that for you. And you're going to learn what
And you're going to learn what everything is, right? There's nothing
everything is, right? There's nothing else that I can teach you what it is or
else that I can teach you what it is or how it really works. Like this is
how it really works. Like this is everything you need to know. Now,
everything you need to know. Now, there's a very fine line in between
there's a very fine line in between knowing what something is and how it
knowing what something is and how it works and how to master it and use it in
works and how to master it and use it in an every single day live real market
an every single day live real market example because by the time you're
example because by the time you're watching this video, the markets that
watching this video, the markets that you're seeing in these examples are
you're seeing in these examples are probably months old, weeks old, maybe
probably months old, weeks old, maybe even years old. Depends when you're
even years old. Depends when you're watching this video. But what isn't is
watching this video. But what isn't is these live calls that I do with my
these live calls that I do with my students where we're literally executing
students where we're literally executing the strategy and on very unique examples
the strategy and on very unique examples that are happening in the market every
that are happening in the market every single day. The market's never going to
single day. The market's never going to give you the exact same pattern. It's
give you the exact same pattern. It's going to be very similar. It's going to
going to be very similar. It's going to have a little bit of tweak here and
have a little bit of tweak here and there, and that's what I dedicate my new
there, and that's what I dedicate my new time to. It's getting these traders to
time to. It's getting these traders to the next level. Not only understanding
the next level. Not only understanding the markets and teaching them the what's
the markets and teaching them the what's the hows, but it's the exact points when
the hows, but it's the exact points when to execute it and when to not. And I
to execute it and when to not. And I made a very rookie mistake in my early
made a very rookie mistake in my early years of educating people. And that's
years of educating people. And that's why I took a very big break for a while.
why I took a very big break for a while. And that's that I pretty much just let
And that's that I pretty much just let everybody inside of my community. I let
everybody inside of my community. I let anybody that wanted to join and be part
anybody that wanted to join and be part of a winning community, I would just let
of a winning community, I would just let them in because I wanted to help
them in because I wanted to help everybody and anybody. But there was
everybody and anybody. But there was actually a problem, right? Because all
actually a problem, right? Because all different types of people would be
different types of people would be joining and just some people that didn't
joining and just some people that didn't really want to take it serious and
really want to take it serious and wanted to make this their their side
wanted to make this their their side thing. And if you're not ready to make
thing. And if you're not ready to make this your full-time thing, I really
this your full-time thing, I really don't want to be working with you
don't want to be working with you because it just simply takes away from
because it just simply takes away from other people that do and people that are
other people that do and people that are ready to dedicate all their time into
ready to dedicate all their time into this. So my my community is no longer
this. So my my community is no longer available to just anybody. It's the
available to just anybody. It's the people that are actually ready to be
people that are actually ready to be part of a circle that's going to be
part of a circle that's going to be executing this every single day. If
executing this every single day. If you're not ready to execute this every
you're not ready to execute this every single day, it's just simply not your
single day, it's just simply not your time. figure out a time when it's right
time. figure out a time when it's right for you because the last thing that you
for you because the last thing that you want to do is do something halfass and
want to do is do something halfass and then at the end of the day end up
then at the end of the day end up quitting because you never gave your
quitting because you never gave your 100%. Just don't even start if you're
100%. Just don't even start if you're not ready to do it. It's just it's just
not ready to do it. It's just it's just not meant to be. The timing needs to be
not meant to be. The timing needs to be right. You need to be ready to go
right. You need to be ready to go through these endless challenges and
through these endless challenges and this endless journey that trading is
this endless journey that trading is going to go. And my students lately have
going to go. And my students lately have been having the most insane results.
been having the most insane results. Like for example, you can literally take
Like for example, you can literally take Mike. Mike took $1,000 into $130,000
Mike. Mike took $1,000 into $130,000 while still working a full-time job
while still working a full-time job living in Canada. And you can take
living in Canada. And you can take Philillip, 22 years old, and he made
Philillip, 22 years old, and he made over $30,000. Look, I I'm I'm not even
over $30,000. Look, I I'm I'm not even going to just speak on this, right? I'm
going to just speak on this, right? I'm going to literally show you and let the
going to literally show you and let the results speak for themselves. I have
results speak for themselves. I have this I had, bro, I have so many
this I had, bro, I have so many testimonials of my students that I had
testimonials of my students that I had to go create a whole entire YouTube
to go create a whole entire YouTube channel just to upload the podcast in
channel just to upload the podcast in here. Like and these are just the ones
here. Like and these are just the ones that I end up making public, but I have
that I end up making public, but I have hundreds of podcasts with the thousands
hundreds of podcasts with the thousands of my students that are part of my
of my students that are part of my private community where I literally have
private community where I literally have to do this interview with them because I
to do this interview with them because I need to really understand what was that
need to really understand what was that took them from one point to another. Was
took them from one point to another. Was it the way how they actually executed
it the way how they actually executed the market structure? Was it the actual
the market structure? Was it the actual entry signal? Was it the full confluence
entry signal? Was it the full confluence trading and using my checklist? Was it
trading and using my checklist? Was it having me every single Sunday sharing
having me every single Sunday sharing the trades that I'm interested in taking
the trades that I'm interested in taking and they're just following these trades?
and they're just following these trades? I saw a pattern. I saw a pattern in
I saw a pattern. I saw a pattern in every single one of these students that
every single one of these students that I have done a podcast with and having
I have done a podcast with and having crazy results like making $180,000 in
crazy results like making $180,000 in two years, turning $100 into$10,000,
two years, turning $100 into$10,000, making $62,000 in three months. I
making $62,000 in three months. I remember this trader, he has a cannabis
remember this trader, he has a cannabis business, he's part of it with a
business, he's part of it with a partner, and he made an extra $62,000 in
partner, and he made an extra $62,000 in three months. this student, for example,
three months. this student, for example, where he made $120,000 in one single
where he made $120,000 in one single year. And I literally made a bet with
year. And I literally made a bet with him when we did our first podcast and we
him when we did our first podcast and we did our our part one of our podcast
did our our part one of our podcast right over here. And I told him that if
right over here. And I told him that if he came back a year later and he was
he came back a year later and he was more profitable than what he was, that I
more profitable than what he was, that I would give him $10,000. You can go watch
would give him $10,000. You can go watch this for yourselves. And I I literally
this for yourselves. And I I literally paid my students $10,000 because I
paid my students $10,000 because I wanted him to trade my funds. and we
wanted him to trade my funds. and we kind of have a little thing going on
kind of have a little thing going on where we do a profit split so on and so
where we do a profit split so on and so forth. The pattern that I saw in every
forth. The pattern that I saw in every single one of my students is they follow
single one of my students is they follow the strategy like if their life
the strategy like if their life dependent on it and they dedicated 100%
dependent on it and they dedicated 100% of their time to learning this strategy.
of their time to learning this strategy. Learning the strategy takes time, takes
Learning the strategy takes time, takes effort and most importantly you need to
effort and most importantly you need to prioritize this. Like if you need to
prioritize this. Like if you need to eat, sleep, breathe trading. And if if
eat, sleep, breathe trading. And if if you're that person and you're ready to
you're that person and you're ready to take on this journey, I have some new
take on this journey, I have some new spots that I'm opening to be part of my
spots that I'm opening to be part of my community. The link is in the
community. The link is in the description down below. You guys can go
description down below. You guys can go ahead and apply, right? You can't just
ahead and apply, right? You can't just join right now. Even if you wanted to,
join right now. Even if you wanted to, you have to be qualified to be part of
you have to be qualified to be part of my community. If if you don't qualify,
my community. If if you don't qualify, you know, you can you'll be able to talk
you know, you can you'll be able to talk to my team. My team will be like, "Hey,
to my team. My team will be like, "Hey, look, just let you know you're
look, just let you know you're qualified." Or, "Hey, look, you're not
qualified." Or, "Hey, look, you're not qualified for this reason. You should go
qualified for this reason. You should go work on this or you should go watch this
work on this or you should go watch this video first. After you finish watching
video first. After you finish watching this video, maybe come back and apply
this video, maybe come back and apply again." Right? We have a series of
again." Right? We have a series of questions that will be able to determine
questions that will be able to determine if you're the right fit to be part of
if you're the right fit to be part of this community or not. And just if
this community or not. And just if you're going to go apply and be a part
you're going to go apply and be a part of a students, be as truthful as you can
of a students, be as truthful as you can with the answers that you're going to
with the answers that you're going to answer because if you just answer
answer because if you just answer something with little to no effort, we
something with little to no effort, we we're just going to completely
we're just going to completely disqualify you and not even remotely
disqualify you and not even remotely have any interest in having you part of
have any interest in having you part of the community. We have people that not
the community. We have people that not only apply once, they apply twice, three
only apply once, they apply twice, three times, and they find multiple ways to
times, and they find multiple ways to get accepted. And trying to just find a
get accepted. And trying to just find a hack to get in, that's not going to
hack to get in, that's not going to work, right? Like my team goes through a
work, right? Like my team goes through a very strict process to accepting people
very strict process to accepting people to be part of my community. If I'm
to be part of my community. If I'm getting on a Zoom call with you on a
getting on a Zoom call with you on a one-on-one basis and I'm going to be
one-on-one basis and I'm going to be breaking down your trades, if we're
breaking down your trades, if we're going to be reviewing your trades, like
going to be reviewing your trades, like I want to make sure you're the right
I want to make sure you're the right person and you're worth my time, right?
person and you're worth my time, right? And just being fully honest, like I I
And just being fully honest, like I I don't need to teach more people. I need
don't need to teach more people. I need to teach the right people because my
to teach the right people because my goal is to have the most successful
goal is to have the most successful trading community and eventually build I
trading community and eventually build I want to build a trading floor and I have
want to build a trading floor and I have a lot more plans that I have in the
a lot more plans that I have in the future and I need the right people to be
future and I need the right people to be part of this circle for me. And if you
part of this circle for me. And if you care to be part of this community or it
care to be part of this community or it spikes your interest, once again the
spikes your interest, once again the link in the description is down below.
link in the description is down below. Read the application, watch the video
Read the application, watch the video before you watch the uh before you
before you watch the uh before you actually fill out the application so you
actually fill out the application so you understand what you're getting yourself
understand what you're getting yourself involved to. If you're not ready to give
involved to. If you're not ready to give your 100%, do not even remotely think
your 100%, do not even remotely think that this is the right time for you.
that this is the right time for you. Once you're ready, once you understand
Once you're ready, once you understand and you have a clear understanding and
and you have a clear understanding and you've seen this video maybe once or
you've seen this video maybe once or twice, then go ahead and hit that apply
twice, then go ahead and hit that apply button because we want to make sure that
button because we want to make sure that you're the right fit to be part of this
you're the right fit to be part of this community and we can actually take your
community and we can actually take your trading to the next level. And this is
trading to the next level. And this is somewhere where not only do I teach you
somewhere where not only do I teach you how to trade, but I teach you how to
how to trade, but I teach you how to trade from 0 to 100. So, I'll give you
trade from 0 to 100. So, I'll give you the exact full blueprint exactly what I
the exact full blueprint exactly what I have just shown you here, but a much
have just shown you here, but a much more defined version of it. You're also
more defined version of it. You're also going to be part of a winning community
going to be part of a winning community where there's going to be other
where there's going to be other successful traders inside of this
successful traders inside of this community that share the trades that
community that share the trades that they're taking every single day. I'm
they're taking every single day. I'm personally in there engaging as well.
personally in there engaging as well. You can ask questions directly to me
You can ask questions directly to me inside of this community. You have the
inside of this community. You have the famous Sunday swings where every single
famous Sunday swings where every single Sunday and once you join you're going to
Sunday and once you join you're going to see the recordings of all of the Sundays
see the recordings of all of the Sundays that I've been doing for the last three
that I've been doing for the last three years where it's over 150 something
years where it's over 150 something recordings of me literally predicting
recordings of me literally predicting the markets every single week and I am
the markets every single week and I am literally getting on a Zoom call every
literally getting on a Zoom call every single Sunday sharing with you the top
single Sunday sharing with you the top trades that I am interested in taking
trades that I am interested in taking for the week and why I am interested in
for the week and why I am interested in taking these markets because I'm
taking these markets because I'm literally explaining to you this market
literally explaining to you this market is good because of X Y and Z and this
is good because of X Y and Z and this market is bad because of X Y and Z. So
market is bad because of X Y and Z. So all of your efforts are on the right
all of your efforts are on the right market and you're going to execute the
market and you're going to execute the strategy on the right market. The
strategy on the right market. The pattern that I saw with these students
pattern that I saw with these students that led them to not only succeeding
that led them to not only succeeding because of the strategy is this because
because of the strategy is this because they are part of a winning circle and
they are part of a winning circle and they are currently following the proper
they are currently following the proper markets that they should be following.
markets that they should be following. And you can also get access for me to
And you can also get access for me to review your trades where you get to get
review your trades where you get to get on a one-on-one with me and I get to
on a one-on-one with me and I get to better understand why you're making
better understand why you're making certain mistakes on certain trades and
certain mistakes on certain trades and how we can actually fix that because
how we can actually fix that because everybody has different mistakes in
everybody has different mistakes in their journey and they're executing
their journey and they're executing things correctly in some areas but
things correctly in some areas but incorrectly in some areas. And since
incorrectly in some areas. And since you're by yourself in your office and
you're by yourself in your office and you don't have somebody there to correct
you don't have somebody there to correct you, maybe your family, your siblings,
you, maybe your family, your siblings, your cousin, they just don't understand
your cousin, they just don't understand what you're doing, they just simply
what you're doing, they just simply don't get it. and you need somebody that
don't get it. and you need somebody that not only knows how to do it, but has
not only knows how to do it, but has taught thousands of other people that
taught thousands of other people that know how to do it and have become very
know how to do it and have become very successful from it. So, if you think
successful from it. So, if you think this is the right fit for you, hit the
this is the right fit for you, hit the link in description down below. We would
link in description down below. We would love for you to be part of the community
love for you to be part of the community if it's the right fit for you. If not,
if it's the right fit for you. If not, check out some more videos. Get a little
check out some more videos. Get a little bit better understanding of how trading
bit better understanding of how trading works. Get a feel for it. Make some
works. Get a feel for it. Make some mistakes, make some money, lose some
mistakes, make some money, lose some money, get get that urge of view of
money, get get that urge of view of actually executing a trade out. And if
actually executing a trade out. And if it's something that you still want to
it's something that you still want to pursue and despite you getting beat up
pursue and despite you getting beat up sometimes and still something that you
sometimes and still something that you want to take on a challenge, come back
want to take on a challenge, come back and hit the apply button and we'll see
and hit the apply button and we'll see if you're ready to be part of the team.
if you're ready to be part of the team. If you watch the video all the way to
If you watch the video all the way to this point, all I want to say is that I
this point, all I want to say is that I truly wish I saw one of these videos
truly wish I saw one of these videos when I started my journey. I cannot
when I started my journey. I cannot stress to you how many videos I saw
stress to you how many videos I saw endlessly inside of YouTube just
endlessly inside of YouTube just searching the internet what certain
searching the internet what certain things were and how to piece everything
things were and how to piece everything together. And it was honestly just a
together. And it was honestly just a nightmare. And you know, looking back to
nightmare. And you know, looking back to it now, I don't regret my journey one
it now, I don't regret my journey one bit. And I definitely don't wish I had
bit. And I definitely don't wish I had it another way. But having a video like
it another way. But having a video like this and having a mentor like what I'm
this and having a mentor like what I'm doing now would have definitely
doing now would have definitely facilitated everything and would have
facilitated everything and would have saved me a lot of time. And maybe a
saved me a lot of time. And maybe a couple of my buddies that started this
couple of my buddies that started this journey with me, they would have not
journey with me, they would have not quit and they would have not made so
quit and they would have not made so many mistakes where it led them to
many mistakes where it led them to quitting because they just got
quitting because they just got overwhelmed and didn't see the the light
overwhelmed and didn't see the the light at the end of the tunnel. it didn't make
at the end of the tunnel. it didn't make sense for them to continue to push
sense for them to continue to push because there was just in their eyes
because there was just in their eyes there was just no real reward for the
there was just no real reward for the risk that they were taking. And you
risk that they were taking. And you know, you guys watching this video,
know, you guys watching this video, you're extremely fortunate and I I just
you're extremely fortunate and I I just want to say thank you for watching this
want to say thank you for watching this video to the end. If you guys have not
video to the end. If you guys have not hit that like and subscribe button, do
hit that like and subscribe button, do that at this very moment right now. Hit
that at this very moment right now. Hit that like and subscribe button. If
that like and subscribe button. If you're watching this video in the
you're watching this video in the future, you know, a couple month couple
future, you know, a couple month couple of months from when it got uploaded or
of months from when it got uploaded or even a couple of years from when it got
even a couple of years from when it got uploaded, all I can say is that you are
uploaded, all I can say is that you are not too late to get trade, like you're
not too late to get trade, like you're not too late to get involved in
not too late to get involved in anything. Whether it's just your first
anything. Whether it's just your first trade, whether it's a new strategy,
trade, whether it's a new strategy, whether it's just re-watching this
whether it's just re-watching this video, like the markets are not going to
video, like the markets are not going to go anywhere. As long as we have
go anywhere. As long as we have currencies around the world, we will
currencies around the world, we will have a market. Whether it is a digital
have a market. Whether it is a digital currency or whether it is a actual
currency or whether it is a actual currency, the markets will be there. The
currency, the markets will be there. The opportunity for you to make money is
opportunity for you to make money is going to be there. Don't get FOMO
going to be there. Don't get FOMO thinking, "Oh my god, I have been
thinking, "Oh my god, I have been wasting two years of my life at this job
wasting two years of my life at this job when I could have learned this or I
when I could have learned this or I could have been doing this instead of
could have been doing this instead of being at college." Don't get FOMO. Yes,
being at college." Don't get FOMO. Yes, did you miss out on opportunities? 100%.
did you miss out on opportunities? 100%. But a lot of people have made money from
But a lot of people have made money from the opportunities that have just passed
the opportunities that have just passed by. But that doesn't mean that there's
by. But that doesn't mean that there's not new opportunities coming into the
not new opportunities coming into the market. The markets are not going to go
market. The markets are not going to go anywhere. I always look forward to
anywhere. I always look forward to tomorrow and the opportunities of
tomorrow and the opportunities of tomorrow. I never look back at the
tomorrow. I never look back at the opportunities that I missed because I
opportunities that I missed because I wasn't part of that. It wasn't meant for
wasn't part of that. It wasn't meant for me. It just simply wasn't my time. And I
me. It just simply wasn't my time. And I know there will always be a tomorrow and
know there will always be a tomorrow and there will always be another
there will always be another opportunity. So, it's not too late to
opportunity. So, it's not too late to get started. And if you do get started,
get started. And if you do get started, don't try and catch up for lost time.
don't try and catch up for lost time. That is how you simply put yourself into
That is how you simply put yourself into a deeper hole that can be very very
a deeper hole that can be very very costly and very difficult to get out of.
costly and very difficult to get out of. So, hope you guys enjoyed this video.
So, hope you guys enjoyed this video. You guys once again have not hit that
You guys once again have not hit that like and subscribe button. Hit it. And
like and subscribe button. Hit it. And uh make sure to watch any other videos.
uh make sure to watch any other videos. If you want to be a student, apply down
If you want to be a student, apply down below. And I hope you guys enjoyed this
below. And I hope you guys enjoyed this video. I'll see you guys on the next
video. I'll see you guys on the next one. Take care, guys. Bye. Oh, oh, oh,
one. Take care, guys. Bye. Oh, oh, oh, oh, and by the way, by the way, most
oh, and by the way, by the way, most importantly, whenever in [ __ ] doubt,
importantly, whenever in [ __ ] doubt, set them for good voice. They care. See
set them for good voice. They care. See you.
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