YouTube Transcript:
Boot Camp Day 35: Daily Bias pt_ 2

Skip watching entire videos - get the full transcript, search for keywords, and copy with one click.

Video Transcript

View:

okay so we're gonna do something kind of

fun today

we're going to make the daily bias

um boot camp video

like right now on Zoom so this is with

my Discord before pre-market Market

opens in around 17 minutes we're gonna

make our daily bias video

like explaining my daily bias on the

pair these pairs

um so we're getting recorded on here and

this is also live like market analysis

and then you'll also see and then we can

also like go over how the daily bias

played out

um with the live trade or sorry the

trade recap afterwards so I thought this

was a fun idea

Let's uh let's get into it because we

don't have much time okay so I know I

didn't have the chart in the last video

I'm very sorry

um I I messed up all right

um I know I don't know how it happened

okay but anyways you guys heard me

explaining it

um we'll explain it one more time with

the charts this time okay so what I like

to do for daily bias is we start off on

the weekly time frame figure out okay

where's our overall direction

right we can even use a line chart okay

the s p it's been moving up this is like

honestly very surprising to me the fact

that we're breaking structure back to

the upside very very surprising to me

the fact that we're about to break

structure on the monthly time frame to

the upside

okay like this has to be the next like I

I'm not convinced that the s p

I'm not convinced whatsoever

that the S P 500 is

is bullish

so so my next draw on liquidity is up

here

okay we also have a draw right here

okay

but we broke monthly structure to the

upside

unless today closes below this low this

this high and I don't think that's going

to happen we have news today that comes

out

in 30 minutes in the market open

that won't do [ __ ] though a candle is

not going to come no Candle on the s p

is going to go

down to like you know three percent in a

day

with no like major high impact news it's

just not gonna happen

so I'm very

you know I'm trying to figure out what

the market makers are doing with this

because I've read the fundamentals the

fundamentals doesn't look good anyways

we're getting off track we're getting

off track from the daily bias anyways we

look at the weekly time frame we see the

overall direction overall direction

bullish then we head over to the Daily

time frame right because we are trying

to base our trades based off of daily

candles okay so if we can understand the

daily Market structure if we can

understand the daily trend

then we'll know where what our daily

biases where we would like ideally want

to take a trade right if we're bullish

but we're in a retracement on The Daily

are we going to try and take a trade off

of the like off a short off a

retracement or would we want to take the

extension because the extension is

always way larger and way bigger than

the retracement right it's higher highs

and higher lows when in an uptrend right

the highs

go so much farther than these little

retracements down so ideally you're

trying to catch Longs in a uptrend right

so that's literally all we do okay we go

to the Daily time frame we broke

structure the downside

right here and this is why I took shorts

yesterday because we swept daily

liquidity up here although we'll get

into this later we didn't have

confirmation on Lower time frames and

that's where I [ __ ] up

and that's where I [ __ ] up okay but

we'll get into that later but anyways we

go on to the Daily time frame figure out

our daily bias we just recently closed

back above here

on The Daily time frame we broke

structure back to the upside on The

Daily

so we're bullish again on the S P 500

and as much as I and that's what I was

doing yesterday as much as I would like

to force my bias and like force my bias

on the market and say oh well like I

think like the fundamentals are saying

like I ca we can't do that

um so we have to play off of off of what

our daily bias is saying we can't just

do what we we can't take a trade basis

of what we want Market to do we have to

take a trade based off of what Markey

gives us okay and right now it's selling

us bullish Market structure let's go

over to

Real Talk anyways

um all right

so all right I don't know I have no

explanation for that

um anyways

I yeah okay so I I'm sorry anyways we

broke structure the downside I forgot

that that was there anyways we broke

structure to the downside on The Daily

time frame on gu so what are we right

now we're bearish weekly we're bullish

right we have this this is technically a

weekly order block

why we swept this liquidity boom rally

higher

however

on The Daily where we're trying to guess

where Market's going to go

we're still bearish so until we flip

bullish on The Daily then I'll be able

to flip bullish and continue on the

weekly Trend right the weekly just gives

us an overview and this is when we can

get into the smaller time frames okay so

yes we are rallying higher on the daily

right we are retracing on the daily

which probably means we broke structure

on the four hour but this is when it's

prime time to try and catch a short and

this is where we can use our building

blocks

fair value Gap

what is this

this is the order block right what is

this boom sweep of liquidity Boom Big

breaker structure the downside this

looks like a great trade to take if we

can get up in here and show me some sort

of bearish confirmation off of this

right on like the 15 minute if we get a

breaker structure on the 15 minute I'm

ready to go

and I'm ready to Target even lower I'm

ready to Target

this is like an order block even though

it already slightly got tapped into I

would I wouldn't be surprised if we

pushed even further down in there to

collect more orders

because look at this Boom Big Rip to the

downside big liquidity sweep down

filling this imbalance in the big rally

right after that

okay so again what's our daily time

frame telling us

bearish so what are we what are we

looking for what are we trying to find

setups on on these higher time frames

first right boom imbalance order block

then what do we do we scale down even

lower

and we say okay

what are we looking for now we're

looking for liquidity sweeps on the 15

minute we're looking for breakthrough

structure on the 15 minute and then an

order block entry on the 15-minute scale

down to the five minute and then get a

breaker structure and then that's our

sniper entry

we go from finding the daily trend

downtrend we're bearish to finding a

building block area of high Confluence

within our bias

bears for Value Gap Bears order block

to then scaling lower

to finding those same building blocks

those same building block entries but on

our lower time frame because we're in

this this whole Price Zone

is a high confidence Price Zone to go

short on the four hour so how can we get

the sniper [ __ ] entry

using using the [ __ ] that we just

learned

okay we do that by scaling into a lower

time frame and using more confluences

again right where where within a

building block and then we're using more

building blocks on a lower time frame so

we can get that good entry so we can

Target high time frame take profits and

after this this daily bias series we'll

go into you know setting take profits

and then we'll go into setting stop

losses because I get a lot of questions

on that and we'll get to it okay so boom

we have the order block right here okay

and then we have

let me get rid of this because this was

just showing the breakup structure and

then we have this this imbalance which

is has pretty much filled all the way

let's do the same thing on gold now

gold weekly what is it bearish cool

gold daily what is it bearish awesome

what are we doing right now we're

retracing on the daily even better what

are our retracement tools fair value Gap

equilibrium okay how can we find

equilibrium boom

perfect we're not yet in a discount what

else do we see

for Value Gap right here within a

discount see we're putting all this [ __ ]

together now

scale and then look what I just said

scale down into a lower time frame boom

imbalance within here liquidity resting

above these highs

what is market likely going to do where

is Market likely going to draw towards

probably going to draw towards these

highs probably going to fill this

imbalance and then what do we do when

these price points get hit scale down to

an even lower time frame

okay wait for this liquidity to get

swept wait for this imbalance to get

filled

within here

okay and then we use our building blocks

on a lower time frame liquidity sweep

break of structure on the 15 minute

and then we're taking an hourly and a

four hour type of trade

but we're getting

good [ __ ] entries

I'm not going to trade GJ just because

it's been trading pretty sloppily

but that's how you find daily bias and

you guys will see the trade that we end

up taking today Market opens in like

seven minutes you guys will see the

trade that we end up taking today and it

will be off of one of these daily biases

I'm bearish bias on gold bearish bias on

gu ideally we find a short trade on gu

to fill this and then fall

and ideally we find Along on

the s p let's go over the the smaller

time frame on the s p

we have lows right here one hour lows

that could be taken out as liquidity

let's go into the 15 minute we have

this whole move down is technically an

order block

you're probably saying why it swept this

liquidity without closing below it cause

a huge rally up this is a high

Confluence area along with boom

imbalance

wait for this to get filled maybe it

Wicks past these lows maybe it just

closes below these lows

fills this imbalance

and then wants to go higher

okay we're already we're rallying like

no no they're on the S P which is very

interesting to me

okay we have liquidity here Order block

here imbalance here all of these are

high Confluence areas for us to take

trades off of

okay and then when it comes into these

high Confluence areas what do we do

scale down even more okay I like to take

trades on Forex on like the 15 and the

five minute on the S P you know it's

like the five minute in the one minute

okay what like what else do we have if

it goes lower this is technically an

order block

you're probably saying why swept

liquidity cause a rally higher

right these are great price points also

this whole thing

within here I'm not even going to

highlight it because it would be too

many boxes but this whole thing within

here imbalance

this is calling for Market to fall right

when Market opens

come into one of these price points

whether it takes out liquidity break the

structure the upside order block entry

fair value Gap entry

whether it comes into this imbalance

right breaking structure on the five

minute order block entry with a breakup

structure on the one minute boom long

whether it pushes all the way down here

into this imbalance break obstruction

you know like

it doesn't matter where Market goes we

just need to adapt to it right we Mark

out all of these little building blocks

this is honestly this is a great video

I'm glad that we're doing this we Mark

out all these all of these building

blocks

that are in line with our daily bias

right or what is our daily bias bullish

cool what are we looking for Longs okay

we use our building blocks what building

blocks can we can we map out that are in

line with our bias that makes sense the

s p looks great for lawns today why

because the hourly is saying the

hourly's in an uptrend the four hours in

an uptrend the daily is in an uptrend

the Weekly's in an uptrend 15 minutes in

an uptrend

what are we looking for these price

points to get filled

breaker structure to the upside on Lower

time frame for confirmation enter

that's how you find daily bias and

that's how you execute using daily bias

with that being said I think we'll wrap

up this YouTube video I'll try and get

this posted while we're while we're

trading

um and then by that time hopefully the

video is uploaded on my shitty ass Wi-Fi

who knows

um hopefully by then the YouTube videos

are uploaded and then we can upload the

trade recap and go over what trade we

took it's either going to be

a GU short

which I'm going to need a lot more time

to develop because I want at least a 15

minute break of structure because we're

bullish on the hourly and bullish on the

four hour even though our daily bias is

short

right ideally we're getting a 15 minute

break of structure to cause you know

some sort of a move down

you know so that's what I'm looking for

on gu look I think Longs on the S P will

be money

and I would love to take shorts on gold

but I don't know if it'll come all the

way up here

um to give me that

and right like again we already

explained this liquidity imbalance

discounted price everything above this

50 mark

money all right so that being said I'll

see you guys in like

I don't know two or three hours for when

I upload the trade recap video

happy and safe trading don't be dumb

trade after news comes out in 30 minutes

okay be safe peace

Click on any text or timestamp to jump to that moment in the video

Most transcripts ready in under 5 seconds

One-Click Copy125+ LanguagesSearch ContentJump to Timestamps

Paste YouTube URL

Enter any YouTube video link to get the full transcript

Most transcripts ready in under 5 seconds

Get Our Chrome Extension

Get transcripts instantly without leaving YouTube. Install our Chrome extension for one-click access to any video's transcript directly on the watch page.

Add to Chrome — Free

Works with YouTube, Coursera, Udemy and more educational platforms

Get Instant Transcripts: Just Edit the Domain in Your Address Bar!

YouTube

←

→

↻

https://www.youtube.com/watch?v=UF8uR6Z6KLc

YoutubeToText

←

→

↻

https://youtubetotext.net/watch?v=UF8uR6Z6KLc

YouTube Transcript:Boot Camp Day 35: Daily Bias pt_ 2

Video Transcript

Paste YouTube URL

Transcript Extraction Form

Get Our Chrome Extension

Get Instant Transcripts: Just Edit the Domain in Your Address Bar!

YouTube Transcript:
Boot Camp Day 35: Daily Bias pt_ 2