0:03 Welcome to the final class. This is
0:05 going to be the final class that you
0:07 will need to watch in your whole entire
0:09 trading career to understand how to
0:12 trade. I'm talking about in this 10hour
0:14 video, I am literally going to teach you
0:17 from zero to 100%. From the point that
0:18 you are literally going to be able to
0:21 execute a trade with me inside of this
0:23 video live. Whatever I do on my phone,
0:25 you pause the video, you do it on your
0:27 phone. Whatever I do on my chart, you
0:29 pause the video, you do it on your
0:30 chart. I'm going to take you through the
0:33 most stepbystep process that I have
0:35 personally ever created or ever even
0:38 seen online on a complete tutorial on
0:40 how to teach you trading from zero to
0:44 100%. This is everything in one spot. I
0:46 swear to God, I wish I had this video
0:48 when I started my trading journey back
0:52 in 2019 2018 when I was learning how to
0:55 trade online. Nobody created tutorials
0:56 like this. There was a bunch of
0:57 different videos throughout the whole
0:59 entire internet and I kind of had to
1:00 piece them all together. And by the time
1:02 that I pieced them all together, I
1:04 simply had an information overload and I
1:06 didn't know what I actually needed and
1:08 what I didn't actually need. In this
1:09 video, I'm going to teach you everything
1:11 that you need and I'm going to briefly
1:13 explain to you what you don't need so
1:14 you don't have to simply waste time on
1:16 it. Because the truth of the matter is
1:19 that right now in trading, everybody is
1:21 having a massive opportunity to make
1:22 money online. the more time that you
1:24 waste having the lack of knowledge and
1:26 not having the proper education to go
1:28 and trade, the more time you are missing
1:30 out on these profits. So, I'm going to
1:32 make everything on this one video, so
1:33 all you have to do is just watch it from
1:35 zero to the end. You're going to know
1:37 exactly how to be able to go out there
1:39 and execute trades live in the market.
1:40 Now, I have really been thinking about
1:42 doing this video for quite some time. I
1:44 just haven't had the time to actually
1:46 get it done. But, when I actually now
1:47 decided to get this video done, I wanted
1:49 to this be more than just an information
1:51 overload video. Like I wanted you to
1:53 practice this in real time. You're
1:55 actually able to go out there and
1:57 execute live based off off of this
1:58 video. Something that you actually get
2:00 value from and you're actually able to
2:02 go out to the market and properly do it
2:03 for yourself. Now, you're probably
2:05 asking, who is this guy that's going to
2:06 be talking to me for the next 10 hours
2:09 and is he even a reliable source? I've
2:11 been trading the currency market for the
2:12 last seven years, and it took me about
2:14 three years to become a profitable
2:16 trader. I was two and a half years
2:17 trying to figure out how to make money
2:19 online when it comes to trading. And
2:20 after two years of watching endless
2:22 amounts of videos and failing, I finally
2:24 figured it out. But it really wasn't
2:27 always about trading. I first wanted to
2:29 make money online. But before making
2:30 money online, I was working at Dunkin
2:32 Donuts. Before working at Dunkin Donuts,
2:34 I worked at Crocs, Arab Postal, Sant's
2:36 Enchanted Forest, and I even tried to
2:38 get a job at a Valley parking, but I
2:40 never got hired. I was just a regular
2:41 high school student that got out of high
2:43 school and did not want to go work the
2:45 regular 9 to5. I wanted to get out of
2:47 high school and become a successful
2:48 person. I wanted to become a
2:50 millionaire. I remember as the semester
2:52 was finishing, my professor came up to
2:54 me and he woke me up from an nap and he
2:55 was like, "Hey, just letting you know
2:57 right now, you could not come back
2:59 tomorrow or not even finish this
3:01 semester, even if you were to ace every
3:03 single one of the next tests, you're
3:04 still going to fail the class." And I
3:06 said, "You know what? Thanks, man. You
3:07 just saved me the next two months of my
3:09 life cuz I was going to keep coming in
3:10 here and falling asleep." Fast forward
3:12 for the next two months. I kept going to
3:14 campus because my parents were tracking
3:16 my location and I had to go to school
3:18 because they would, you know, kick me
3:20 out of the house, ground me if I wasn't
3:21 going to school. And I was going to
3:22 school to just figure out how to make
3:24 money online. I was figuring out a way
3:26 on how to do drop shipping, which I
3:28 tried to buy multiple different
3:29 products, but my credit card limit
3:31 wasn't enough. So, I couldn't have
3:32 enough inventory. Tried that for a
3:34 little bit, dabbled with it, never had
3:36 success. And then I tried Airbnb
3:38 arbitrage. So on my free time, as soon
3:40 as I finished work and got out of the
3:41 school, just sitting in the library
3:42 trying to figure out how to find the
3:45 good properties for Airbnb arbitrage, I
3:47 realized that when I did find a good
3:49 property, I didn't have the proper
3:50 credit and have the bank statements to
3:52 sign a lease so then I can subleasase
3:54 it, put on Airbnb, so on and so forth.
3:56 And I pretty much wasted about 6 months
3:59 of my life trying to make money online
4:01 when it came across, you know, these
4:03 different businesses. And then one day,
4:05 one of my friends invites me to this
4:07 event where they're teaching trading.
4:09 I'm like, ah, dude, I've heard of this
4:11 stuff before. Supposedly, it's a scam.
4:12 It's not real. Said, "You know what?
4:14 What's the worst that can happen? I lose
4:15 100 bucks. Really, all I have at the
4:17 time to risk on this." I go to the
4:19 event. I get sold on the whole entire
4:22 MLM product, multi-level marketing. And
4:24 uh what that really did is that it
4:26 opened the doors to what trading is and
4:28 the possibility that it actually has. I
4:30 was there for probably 30 days. I
4:31 realized that these multi-level
4:32 marketing companies don't teach you how
4:34 to trade. They just teach you what it
4:35 is. But that opened the gates for me to
4:37 actually go out there and try and figure
4:39 it out. So I tried to go on with stocks
4:40 and I realized in order for me to
4:43 actually create a account in a stock
4:44 market or with the stock brokers for you
4:46 to actually go trade, it was a minimum
4:49 of 25,000. That was back in 2018 2019
4:51 when I was starting to trade. I didn't
4:53 have 20,000 $25,000 to open up a trading
4:55 account. So then I heard that there's
4:57 this forex market, foreign exchange
5:00 where the entry barrier is 100 bucks, 50
5:02 bucks, and you have leverage up to 1 to
5:04 1,000. And then there that means you
5:05 have a lot more buying power in your
5:08 money. The markets are open 245 compared
5:10 to the stock market. They're open 9 to5,
5:12 5 days a week. I said, you know what,
5:13 this is a lot more attractive. Let me
5:15 actually go head first into this. And
5:16 little did I know that I was going to be
5:18 walking into one of the longest,
5:20 darkest, and loneliest journeys that I
5:24 have ever been. And that journey began
5:27 by myself in the library at Miami Day
5:29 College campus. I was a whole entire
5:31 year going to Miami Day College campus.
5:33 Instead of me learning English or
5:34 learning mathematics or whatever they
5:36 were teaching me in criminal justice, I
5:38 was learning what the foreign exchange
5:40 market was, watching endless amounts of
5:42 videos on YouTube, buying different a
5:43 bunch of different courses trying to see
5:45 if it all worked, where it all came down
5:47 to one simple thing. And all of that I'm
5:49 going to be teaching to you guys in this
5:50 video completely for free. and it's all
5:53 going to be in one spot. I had to piece
5:55 so many different videos together that
5:57 literally that is probably what took the
5:59 most amount of time getting all the
6:01 information that was on the internet,
6:02 hearing the same thing seven different
6:05 ways, realizing I'm watching the same
6:06 thing from a different person, saying it
6:08 in a different way, and then having to
6:10 minimize all that information for it to
6:12 come down to one thing. And that is
6:13 exactly what I'm going to be doing in
6:15 this video today. And it almost feels
6:17 like it went by extremely fast now that
6:19 time has gone by. But after 6 months of
6:20 me just trying to put all this
6:22 information together, lost a couple
6:24 thousand dollars. Another 6 months went
6:25 by and then I was supposed to be
6:27 graduating from college, getting my AA
6:29 on pretty much year two and my parents
6:32 realized that I was not going to college
6:33 and there I had to pretty much break
6:34 through the news that I was doing this
6:36 whole trading stuff and I was probably
6:37 about a year in year and a couple months
6:40 in and I was so deeply invested that I
6:42 had no other choice but to continue to
6:44 go. There was no way I was going to
6:46 continue in figuring out a different way
6:48 on how to make money online once I've
6:50 already invested a whole entire year
6:51 into this. And things were starting to
6:53 click, or at least I thought they were
6:54 at the time. So, I basically broke the
6:56 news to my parents. I said, "Hey, I'm
6:57 trying this whole trading stuff. I need
6:58 you guys just to give me some time to
7:00 figure it out. My parents did not
7:01 believe in me. They weren't supportive
7:03 of it. And I wouldn't either. I have old
7:05 school Cuban parents that they barely
7:06 know how to use WhatsApp. They don't
7:08 speak English. They honestly just all
7:11 they understand is work on a regular job
7:12 and that's how you're going to become
7:13 successful. It's not their fault. They
7:15 were raised differently. But I knew that
7:17 there was different ways on how to make
7:19 money in this world, especially online.
7:22 So after about a year and a half, my
7:23 parents aren't supporting me. I'm just
7:25 kind of living there at the house. I'm
7:27 literally trading from my mom's closet.
7:29 We have a closet downstairs and I'm just
7:30 trading out of that closet. And I'd say
7:32 probably for the next six to eight
7:36 months, it was a battle in between
7:38 myself and understanding the actual
7:40 markets. So now I know exactly what
7:42 trading is, how it works. But now I'm
7:44 just trying to figure out these patterns
7:45 and if there really is one behind it.
7:48 And I'd say after 6 months, it got to
7:49 the point where I was seeing the
7:50 patterns. I would see things happen over
7:52 and over again. But I just wasn't
7:54 entering at the exact point. I was
7:56 either entering too late, I was entering
7:58 too early, and I was probably closing
8:00 out my profits too short, my stop losses
8:01 were too tight, I was just doing a lot
8:04 of minor mistakes that accumulatively
8:06 made me a unprofitable trader. Right
8:08 around the 2-year mark, my parents once
8:09 again are pressuring me, what am I going
8:11 to do with my life, and I just kept
8:13 asking for time, still working at Dunkin
8:14 Donuts, dabbling other jobs, but I'm
8:16 trying to dedicate as much time as I
8:18 possibly can to trading. Now, at this
8:19 point, I seek some different types of
8:22 more serious mentorships. I understand a
8:23 little bit more. You know, you need act
8:24 an actual strategy for you to actually
8:26 become a profitable trader. And right
8:29 around the 2 and 1/2 year mark, I went
8:32 from losing consistently for two and a
8:36 half years to having my first ever break
8:38 even month. I'm like, whoa, I think I
8:39 might be doing something right because
8:40 you know what? This month, I didn't blow
8:42 any accounts. I didn't lose any profit
8:43 accounts. Like, I think I'm on to
8:45 something. The month after that, so two
8:47 months, two years and about seven
8:50 months, I had another break even month,
8:51 but a little bit slightly in profit,
8:53 probably 1%. And then the month after
8:55 that, I was in profit 10%. I went from
8:58 being an extremely unprofitable trader
9:00 to then a break even trader to having my
9:02 first profitable month. All of that in
9:04 the span of nearly three years. And in
9:06 this video, I'm going to shorten what I
9:08 learned in 3 years, all of the mistakes
9:10 that I did, all the unnecessary
9:12 information that I had in just a one
9:14 class setting. This is going to save you
9:16 guys so much time, so much headache that
9:18 I can't even I wish I had this when I
9:20 got started. After my first profitable
9:21 month, everything literally just
9:24 clicked. I started going from break even
9:25 months to a profitable months to then
9:28 just this becoming the new normal. All I
9:30 had to realistically do was look back at
9:32 my actual winning month and be like,
9:34 what did I do right there? If that's
9:36 what worked, let me just double down on
9:38 it when I see it again and then again
9:40 and again and again. And then you fast
9:42 forward for another year. So I'm about
9:44 three and a half years into my journey.
9:47 I am now a full-time trader. I think on
9:49 my third year, three month three years
9:51 and one month, I left Dunkin Donuts,
9:52 left my job, and I'm now just a
9:54 full-time profitable trader. Told my
9:56 parents that it's actually working.
9:57 They're seeing the money. they're
9:58 believing it. And then right around my
10:00 fourth year, I decided to just start
10:02 posting on social media because, you
10:04 know, that was the only way to pretty
10:06 much meet people as a trader cuz if
10:08 you're a trader, you're kind of in an
10:10 office like this. You're just home 24/7.
10:11 You're never going to really engage with
10:13 anybody cuz you don't need to go out to
10:15 a social setting for anything.
10:16 Everything you could just do it from
10:18 home. And all of my friends that I had
10:20 in my journey as I was learning trading,
10:22 all of my high school friends, I pretty
10:24 much separated myself from them because
10:25 they didn't believe in my journey. They
10:27 didn't understand what it was and they
10:29 were causing me so much stress trying to
10:31 convince them of what it is and that
10:32 it's actually possible that it was
10:34 distracting me from the journey. So, at
10:35 this point in my journey, I'm really by
10:37 myself and I'm just trying to open up my
10:39 doors to new people, just meet people,
10:41 maybe meet some new girls, attract
10:43 girls, cuz I'm realistically just making
10:45 a decent amount of money by clicking a
10:46 couple buttons and I have so much free
10:49 time throughout the day. And like a
10:52 hurricane or like a snowstorm or
10:53 whatever you want to call it, it just
10:56 blew up. I started posting, you know, I
10:57 bought my first supercar, which is an
11:00 Audi R8. I started posting profits. I'm
11:01 making a couple thousand dollars every
11:03 single day. And out of nowhere, this
11:06 created this massive community of other
11:07 people wanting to learn how to do the
11:09 same thing. The questions that I was
11:10 getting asked were pretty simple
11:12 questions. And I decided to say, you
11:13 know what? Let me just start helping
11:15 people. And I just started posting
11:17 YouTube videos. And fast forward another
11:19 three, four years, and we're here where
11:21 I arguably think I have one of the
11:22 biggest trading communities in the
11:24 industry. And I have helped thousands of
11:26 people all around the world and
11:27 shortened their learning curve from
11:30 years to months and gotten people to
11:33 make tens of mistakes a day to maybe one
11:35 a week and then them learning from that
11:37 and using those losses that they avoid
11:39 to optimize and actually be able to risk
11:40 the correct amount of money on the right
11:44 markets. So it all went from being a
11:46 unprofitable trader by himself to then
11:49 developing a skill set without even
11:51 knowing it, posting it accidentally on
11:53 social media. it blowing up and now to
11:55 the point where I just changed traders
11:56 lives all around the world and now this
11:58 video is for you. And the only reason
12:00 why I gave you this whole entire
12:02 backstory is so you understand at the
12:03 point where I am right now in my
12:06 journey. I have so much free time that
12:08 all I generally have passion about right
12:10 now is just helping other people. I am
12:12 literally dedicating more than 10 hours
12:14 to make this video for you because this
12:16 video is going to probably be 10 hours
12:17 and I'm done with it. But for me to
12:19 record it, for it to all get shortened
12:20 down to the point where I probably put
12:23 20, 25 hours into this video, I'm doing
12:25 this for you. So, all I ask for you is
12:27 to literally only focus on this video.
12:29 And if by the end of this video, you did
12:31 not learn anything. You have absolutely
12:33 no value. Hit the unsubscribe button,
12:35 block me, never look at me ever again.
12:36 Don't believe me. But I am putting so
12:38 much time and so much effort into this
12:40 video because I personally really do
12:42 wish I saw one of these videos when I
12:44 got started in my journey. So if you
12:46 have any question, if you have any
12:48 concern, just go back, pause the video,
12:50 write down notes. If I were to show you
12:52 the amounts of notes that I took when I
12:54 was learning in my journey, I think I
12:57 wrote down the same thing 15 different
12:59 times because I was watching 15 of the
13:02 same videos just in different ways from
13:03 different people. And that confused me
13:05 so much because everybody would say it
13:07 in a different way. And what I can
13:09 guarantee you is in order for you to
13:11 become a profitable trader like me,
13:13 there is no other video that you need to
13:15 watch online, including my own, because
13:16 this video is literally going to teach
13:19 you every single topic, every single
13:21 subject that you need to know to
13:23 understand the markets exactly that I
13:25 do. Once this video is finished, the
13:27 only thing that separates you and I is
13:29 going to be experience. And that is
13:30 what's going to lead you to become a
13:32 profitable trader. So right now, if
13:33 you're driving, if you're at work,
13:34 you're on a lunch break and you started
13:36 this video, make sure you pause it, put
13:38 a bookmark on it, and come back to it
13:40 when you're ready to sit down and
13:42 actually focus. Do not halfass this
13:45 video. Do not put it on 2x. The points
13:47 of trading is for you to take your time
13:49 with it. This is a marathon, not a
13:51 sprint. And you attempting to learn this
13:54 information faster is actually going to
13:56 slow you down because you're trying to
13:57 speed things up and get all this
13:59 information as fast as you can. It
14:00 actually slows you down because you're
14:02 not going to process it and understand
14:03 it and you're going to have to come back
14:05 and watching it again. So, it's going to
14:07 actually take you double the amount of
14:09 time. No matter how fast you want to
14:10 learn this, it takes time. It takes
14:12 repetition and you need to understand
14:15 this is a brand new language. And a
14:17 perfect analogy that I can put is let's
14:19 say you're going to go build a house and
14:21 the same day you buy the land, that same
14:23 exact day, you have the builders, you
14:24 have the plumbers, you have the roofers,
14:26 you have the carpenters, you have the
14:28 landscapers, everything. You cannot have
14:31 the roofers put on the roof if the
14:32 builders haven't even built up the
14:35 walls. You cannot have the gardeners put
14:36 up the garden if they haven't finished
14:37 the construction. You're going to mess
14:39 up your garden. Everything is a
14:42 stepbystep process and it takes time.
14:43 And that is exactly what this video is
14:46 intended to do. It's intended to go step
14:48 by step in the correct order and for it
14:50 to be taken my time for me to explain to
14:52 you so you understand it at the correct
14:54 time. Now, with that being said, let's
14:56 officially begin this video. And if you
14:59 are not 100% ready to write down notes,
15:00 if you don't have your notepad out, if
15:02 you're not in a calm setting, if you're
15:03 not locked in, you don't have your
15:05 headphones in, do not watch this video.
15:07 Click the pause button and come back
15:08 when you're ready. It's going to be a
15:10 lot more effective that you watch this
15:13 video when you are 100% prepared to
15:15 actually watch this video so you take a
15:16 notes effectively and you understand
15:18 everything effectively. So with that
15:21 being said, let's begin. So what is this
15:23 trading stuff? What is this forex? What
15:25 is this stocks? What is this crypto
15:28 indices, commodities, futures? What is
15:32 this charts? What is trading? Well, I'm
15:34 sure we've all seen charts, right? This
15:36 is what a chart is. chart is when
15:38 something goes up or something goes
15:40 down. You've probably seen it either on
15:43 an actual candlestick format like that
15:46 or you've seen it on a line chart like
15:48 this. These are different ways on how
15:50 the markets are seen. You can see it on
15:51 a line chart. You can see it on a bunch
15:52 of different ways. And don't worry,
15:53 we're going to get into all of those
15:55 different ways in just a second. But
15:58 what exactly is trading? Well, trading
16:00 is when you're literally doing what it
16:02 says. When you are trading, you're
16:05 trading one thing for another. Now, some
16:07 people think when it comes to the forex
16:08 exchange market, the foreign exchange
16:10 market, that you're actually trading one
16:12 currency for the other. Some people
16:14 think that, oh, the euro and the dollar,
16:16 you're actually buying the euro and
16:18 you're exchanging it for the dollar, or
16:20 you're selling the dollar and then
16:22 buying the euro. At no point are you
16:23 ever actually doing that. You're
16:24 essentially just betting that
16:25 something's going to be going up or
16:27 something that's going to be going down.
16:28 We're going to get into all of that in
16:30 just a second. Now, before I actually
16:31 get into the charts and I show you how
16:32 to actually read the markets, I first
16:35 need to teach you and educate you on the
16:37 actual markets. What are these markets?
16:40 What do they consist of? How do like
16:41 when I actually buy a currency, am I
16:43 actually owning it? Like, do I actually
16:45 buy the euro? Does that mean that I own
16:46 the euro? If I actually were to buy
16:48 gold, does that mean that I actually own
16:50 gold? If I were to trade the NASDAQ, do
16:53 I actually own a piece of a company? So,
16:55 let me break down these actual markets
16:57 and what they consist of, right? So
16:59 right here we're going to have all of
17:01 the main markets that are going to run
17:03 the trading industry or the trading
17:06 niche. And these are in order. The first
17:08 market is going to be the foreign
17:11 exchange market also known as the forex
17:13 market where every single day it moves
17:18 anywhere from 7.5 to 8 trillion on a
17:20 daily basis. This is not only the
17:22 largest market in the world but is
17:24 actually decentralized and it is open
17:28 245. Now when I started trading in 2018
17:30 2019 I remember reading this exact same
17:32 sentence right here and it was anywhere
17:36 from five to $6.5 trillion. The fact
17:38 that in just five six years this has
17:41 nearly almost added $3 trillion into
17:44 trading volume is absolutely absurd to
17:46 me. This just shows the amount of
17:48 opportunity that is inside of the
17:50 foreign exchange market. So the beauty
17:52 of this market is that it is available
17:54 245. You can pretty much trade it
17:56 whenever you want throughout the week.
17:57 And that is the beauty of the foreign
17:59 exchange market. It is the most volatile
18:01 market, has the most opportunity in it,
18:04 and it is available the most out of any
18:05 single market. Next is going to be the
18:07 stock market, which you've all heard of
18:08 the New York Stock Exchange. That's
18:10 where people would trade on the trading
18:12 floor. And this is where the global
18:14 stock market trade. And it's anywhere
18:17 from 200 billion to 300 billion on a
18:20 daily amount. So you can realize the
18:22 magnitude and the size of the foreign
18:25 exchange market. It is nearly 15 times
18:28 bigger, 20 times bigger on a daily basis
18:30 because you're trading every single
18:32 currency in the world. Right here in the
18:34 global stock market, you're pretty much
18:36 just trading around the US, mainly
18:38 around the NASDAQ and all of these other
18:41 different USA companies. Next we have
18:43 the commodity market which is going to
18:47 consist of futures, oil, gold, wheat and
18:49 the daily volume from this can vary in a
18:51 couple of billion dollars but it's
18:53 around a hundred billion on a daily
18:56 basis. Now when you go trade the
18:57 commodities markets when you go let's
18:59 say you're going to go buy gold for
19:01 example doesn't mean you actually are
19:03 going to own a piece of gold. You're
19:05 just betting you're basically betting
19:07 with the markets that gold is going to
19:10 go up in price. That's pretty much it.
19:12 When you go buy oil or you go sell oil,
19:14 at no point are you actually owning any
19:17 oil. It's all digital currency. It's all
19:19 money on the screen. They're basically
19:22 making an educated bet if this market is
19:24 going to go up or it's going to go down.
19:26 At no point do you ever own anything
19:29 when trading any of these markets except
19:31 the cryptocurrency markets. The
19:33 cryptocurrency market has an average
19:36 volume of 100 to 200 billion in day
19:39 trading volume, but it is extremely
19:41 volatile and is mainly controlled by
19:43 Bitcoin and Ethereum and a couple couple
19:45 of other stable coins. Now, obviously
19:47 the problem with cryptocurrency is
19:49 there's, you know, no centralization
19:50 around it. It's completely
19:52 decentralized, very much how it is when
19:54 it comes to the foreign exchange market.
19:56 But these currencies are backed by
19:58 countries. They've been backed by
20:00 hundreds of years. The crypto market is
20:02 still fairly new. It's been around for,
20:04 let's call it, 20 years at the max, 25
20:06 years. And it's something that is
20:08 completely decentralized. And when you
20:10 actually trade a cryptocurrency, let's
20:11 trade, say you're trading Bitcoin,
20:13 Bitcoin, you actually own it. If you
20:15 trade Bitcoin and it goes up, you make
20:17 money with it. If you trade Ethereum and
20:18 it goes down, you lose money with it.
20:21 Same very similar how it works with the
20:22 foreign exchange market. But when you're
20:24 trading the foreign exchange market, at
20:26 no given point, you actually own some of
20:28 the actual currency. I can say I'm
20:31 trading EuroUSD. At no point do I
20:34 actually own Euro or do I own USD? So
20:35 all of these I'm going to go into great
20:37 detail of how you can actually trade
20:39 them, which ones you should be trading,
20:40 which you shouldn't be trading, and how
20:41 you can actually build a profitable
20:43 strategy to actually trade on these
20:45 markets. These are going to be the main
20:47 markets that are going to be out in the
20:49 markets and that you should have any
20:51 interest in trading them. Any markets
20:53 inside of these, they simply don't have
20:55 enough trading volume. And if they don't
20:57 have enough volume, which is big numbers
20:59 like this, the odds of you becoming a
21:00 profitable trader are much more
21:03 difficult because lack of volatility
21:06 means lack of opportunity. You want to
21:07 make sure that you are in a market that
21:10 has a fair amount of volatility, not too
21:11 much because then you're prone to
21:13 getting major losses and all of that.
21:15 I'll explain later into the video as
21:16 well. But you want to make sure that you
21:18 have a decent amount of volatility so
21:19 you can have good opportunity to
21:21 actually make money when it comes to
21:23 trading. But I personally have been
21:24 trading the foreign exchange market for
21:27 the last 7 years successfully and lately
21:28 I've been dabbling a little bit with
21:30 commodities and I just have been
21:33 investing into crypto when it comes to
21:35 long-term. This is my form of an asset.
21:36 I would much rather put multiple six
21:40 figures into a digital currency where it
21:43 can make me 20 30% annually compared to
21:44 putting it into real estate where let's
21:46 say it can make me those same returns
21:47 but I have to deal with less headache.
21:49 I've never personally traded the stock
21:51 market just because I am not interested
21:53 in trading in a market that does not
21:55 have anywhere near as much volume or
21:57 availability as the foreign exchange
21:59 market. I've traded the NASDAQ. I've
22:01 traded the S&P 500 and all of these
22:03 other stock markets. And you can also do
22:05 that in the foreign exchange market. And
22:06 all of that we're going to be breaking
22:07 that into this video. And we're going to
22:09 be actually taking a trade together.
22:10 You're going to be able to pause the
22:12 video, look at the profits or losses on
22:14 your actual end. And then you're going
22:15 to be able to have an clear
22:17 understanding of how to actually do this
22:19 for yourself. And now before we get
22:21 right started into what is actually
22:23 trading, I want to bust every single
22:25 myth that is out there online. All of
22:27 the myths that my parents thought that
22:28 this was that even including myself
22:30 thought this was or just the people that
22:31 have an opinion on something that
22:33 they're just simply not educated on. And
22:34 there's nothing wrong with having an
22:36 opinion, but it's always good to get
22:38 educated on it. So I'm going to bust
22:41 every single myth on what trading isn't.
22:44 Trading isn't a Ponzi scheme. There is
22:46 Ponzi schemes out there on people
22:48 creating systems around trading. That is
22:50 entirely true. But trading itself is not
22:52 a Ponzi scheme. Like people are just
22:54 essentially betting that something is
22:56 going to go up in value or that it's
22:58 going to go down in value. If it goes up
23:00 in value, people make money. If it goes
23:02 down in value, people lose money. That
23:04 is what trading is. So no, it's not a
23:06 Ponzi scheme. Also, in order for you to
23:08 actually become a trader, you don't need
23:11 to be a mathematician. You don't need to
23:12 go to college. You don't need to get a
23:15 degree. You don't need to be a genius.
23:17 To be fair, I graduated high school with
23:20 nearly a 1.7 GPA, I think it was, or a
23:22 2.0 GPA. I can't even remember what it
23:25 was. I barely passed high school. I
23:27 failed at college. I was not the
23:30 smartest kid in class. But what I did do
23:32 was show up every single day to try and
23:35 figure this out. I had a driving mindset
23:38 that was going to lead me to success.
23:40 But I did not know what was the root
23:43 square of 75 when a car is driving at 50
23:46 miles an hour and x equals 5. I have no
23:48 idea to this day what that is and I
23:50 don't need to and I've had two Bugatti.
23:52 So I think I've done very well. Trading
23:54 is not something that you need to have
23:55 habits for. You don't need to wake up
23:57 every single day and meditate. You don't
23:59 need to wake up and light up a candle,
24:01 read a book, set a certain light, all of
24:04 that Instagram, Tik Tok stuff. That is
24:07 not real. You do not need any of these
24:09 morning routines in order for you to
24:10 become a successful trader and
24:12 understand how to read the markets. I
24:13 can be looking at the markets in front
24:15 of my computer. I can be looking at it
24:17 on my phone about to board onto a
24:19 flight. I can be looking at it while I'm
24:21 driving, while I'm at the beach, while
24:23 I'm doing anything. All I need is a
24:25 screen and decent amount of internet and
24:27 I'm able to go ahead and look at the
24:29 markets. You don't need to set up a
24:31 whole entire ambiance around me to
24:32 actually read and understand the
24:34 markets. If you know how to read it, you
24:35 know how to read it. And trading isn't
24:37 also something that a lot of people
24:39 think like, oh, we're going to wait for
24:40 price to come all the way to the bottom,
24:42 so we buy. We're going to sell all the
24:44 way at the top. We do not try and
24:47 predict tops or bottoms. Actually, on
24:49 the complete contrary, I want the market
24:52 to be moving up very aggressively and I
24:54 want to buy with that market. The trend
24:57 is your friend. I've had that quote on
24:59 my desk, I think, for seven years. The
25:01 trend is your friend. I am not here to
25:03 create a trend. I'm not here to break a
25:05 trend. I'm here to trade with the trend.
25:07 What do you think is easier? To swim
25:09 against the current or with it? And here
25:11 in trading, we are here to swim with the
25:13 current. At no point are we ever trying
25:14 to predict something when it hits all
25:16 the way at the bottom and then we buy or
25:17 something when it hits all the way at
25:20 the top and then we sell. We trade with
25:22 the trends. And another one of the
25:23 biggest misconceptions that people have
25:24 is that they think that they need to be
25:26 in front of the markets all day in order
25:28 for them to actually read the market and
25:30 become a profitable trader. Do you need
25:32 to be in front of the markets for a long
25:33 period of time for you to actually
25:35 understand how the markets move? Yes.
25:38 But once you get it, you don't need to
25:40 be in front of the markets every single
25:41 day. Another one of the biggest
25:43 misconceptions that traders have or
25:44 people in general when they get started
25:45 into trading is that you need to be in
25:47 front of the markets all day every
25:48 single day in order for you to be a
25:51 trader and a profitable trader. That is
25:53 that cannot be further from the truth.
25:55 The less amount of time that you spend
25:57 in front of the markets, the more amount
25:58 of money that you're going to make. It's
26:00 very counterintuitive because at the
26:01 beginning you actually need to spend a
26:03 lot of time so you can learn and
26:04 practice it. But once you understand the
26:06 skill set, then you don't need to be in
26:08 front of the markets all day every
26:09 single day. It's like when you're going
26:11 to go learn a language, let's say you're
26:13 going to learn Chinese, for example,
26:14 it's your first time learning Chinese.
26:16 Are you going to have to spend more time
26:19 than the regular person that wants to
26:21 learn Chinese in the class? Yes, you're
26:22 going to have to spend more time. But
26:24 after you learning Chinese and being in
26:26 the class for an extra hour every single
26:28 day for the last six months, it gets to
26:30 the point where you no longer have to be
26:32 in class for you to understand Chinese
26:34 and to perfect it. You could be
26:35 listening to some music. You could be
26:37 interacting with people on the street.
26:38 That is where you practice it and you
26:41 perfect it. And then you don't need to
26:43 speak Chinese every single day in order
26:46 for you to master and perfect it. You
26:47 just need to make it part of your normal
26:48 routine and it just becomes second
26:50 nature. Once you learn it, you're not
26:52 going to unlearn it. It's the exact same
26:53 thing with trading. Once you learn it,
26:55 you don't need to be in front of the
26:56 markets every single day to trade. You
26:59 only trade when it's time to trade. And
27:02 by far probably the most important one.
27:04 People think you need money to make
27:05 money in trading. And I'm going to
27:07 answer this. The answer is true. You do
27:09 need money to make money. But you don't
27:11 need a lot of money to get involved into
27:13 trading and make a decent amount of
27:14 money. You can get started with a couple
27:16 hundred bucks, maybe a couple thousand
27:18 bucks, and that is going to lead you to
27:20 have returns equally to what you invest.
27:22 It it is all based off of
27:24 risk-to-reward. If you risk a hundred
27:25 bucks, you're going to make a couple
27:26 hundred bucks. If you risk a couple
27:28 thousand bucks, you're going to make a
27:29 couple thousand bucks. You're not going
27:32 to turn a one singlehandedly $100 bill
27:34 or a couple hundred dollar bills into a
27:36 quantion. That's not going to happen.
27:37 Can you multiply it and scale it over
27:40 time with proper risk management? Yes.
27:42 But you don't need a large amount of
27:44 money to get involved. And people have
27:46 this conception as well as as soon as
27:48 they put the money into the market, it's
27:50 automatically gone. No, that is the
27:52 complete like opposite. You actually
27:55 predetermine how much you want to risk
27:57 of the capital that you put into trading
27:59 every single time. Let's say right now I
28:00 go and deposit a h 100red bucks into the
28:02 broker that I'm going to be using. That
28:04 doesn't mean that that 100 bucks is
28:05 invested right away. That just means
28:07 that the money is inside of a platform
28:10 that then I can go and execute one of
28:11 these positions on. Now, before I
28:13 execute that position, I'm going to
28:17 pre-calculate my risk on my $100. I only
28:19 feel comfortable risking $10 on this
28:21 trade. That's all I'm going to lose. And
28:22 I'm going to be teaching you guys on how
28:24 to do that throughout this whole entire
28:25 video. But I want to make it extremely
28:29 clear what trading is not. Okay. So, now
28:30 that you understand that there is
28:32 different types of markets out there.
28:33 You have the currency market, commodity,
28:36 stocks, you have crypto. There is many
28:39 different types of traders that executes
28:42 on these type of markets. For example,
28:44 we can have what is called a positions
28:46 trader, which these are also known as
28:48 whales, which these traders happen to
28:51 take anywhere from one to two positions
28:53 a month. These are people that have
28:55 large sums of monies and they're
28:57 realistically not interested in being
28:59 active every single day or every single
29:01 week. So now moving on, now that you
29:02 understand that there's many different
29:04 markets out there, you have the foreign
29:06 exchange, the stocks, the crypto, all of
29:08 these different markets. There's
29:11 different types of ways of trading these
29:12 markets and there's many different types
29:15 of traders that execute these markets.
29:17 Now, you can trade these markets as if
29:18 you were to be a position trader, a
29:21 swing trader, day trader or a scalper.
29:23 You can be any one of these traders and
29:26 execute this style of trading on any one
29:27 of those markets. For example, if you
29:29 were to be a position trader, these are
29:32 also considered whales because they are
29:35 risking large sums of money either once
29:37 or twice a month on certain positions
29:39 that they take. They aim to have
29:42 anywhere from two to three to 4% a month
29:44 realistically with minimal effort,
29:47 minimal activity, and just large sums of
29:50 money. These large sums of money are
29:51 this is why they're called whales and
29:53 position trading, but this is more for
29:55 kind of institution style and people
29:56 that aren't really active in front of
29:58 the markets every single day. Can you
30:00 make money as a position trader? Of
30:02 course. But it does require large sums
30:04 of money because you're looking to
30:05 target bigger trades. So, you're going
30:07 to have very, very, very big take
30:10 profits, very, very, very big stop-
30:12 losses. I've attempted this style of
30:14 trading in the past. It's just very
30:16 expensive because you have to risk large
30:18 amounts of money because you get charged
30:20 every single time you hold a position.
30:21 And I'm going to get into all that stuff
30:22 later into the video, but this is a
30:25 future way of I think everybody will
30:27 eventually become a trader of as you
30:28 progress throughout this whole entire
30:31 chain. Next, we have a swing trader. So,
30:33 a swing trader is somebody that anywhere
30:35 that takes anywhere from four to five
30:37 positions a month. And these positions
30:40 that they take are not as big as the
30:42 positions traders, but they are decently
30:45 big trades. And these trades happen to
30:47 have the best risk-to-reward out of any
30:49 one of the traders. The swing traders
30:51 are the ones that look on the higher
30:53 time frames but still incorporate the
30:56 lower time frames to have entries and
30:58 have great risk-to-rewards. I personally
31:01 myself am a mix or a hybrid of a swing
31:03 trader and a day trader. And this has
31:05 led me to be able to have the sniper
31:07 entries of a day trader and the
31:09 takeprofits and the great
31:11 risk-to-rewards and the big big big
31:12 trades because of the swing trading
31:15 approach. So a swing trader takes
31:16 anywhere from four or five trades a
31:18 month. The trades that they take are
31:19 very sniper, very accurate, and they
31:21 tend to be probably the more patient
31:24 traders next to the position trade. Next
31:26 to that, we have a day trader. So day
31:28 trader are somebody that are obviously
31:30 most commonly known in the trade
31:33 industry. We all know trading because of
31:35 day trading. You trade every single day,
31:36 but that doesn't mean that you're
31:37 actually trading every single day, but
31:39 you're more or less looking to be active
31:41 either two to three times a week on a
31:43 market. Really depends the types of
31:45 opportunities that you get. Because
31:46 typically, if you were to enter a trade
31:49 today, it should hit your take profit
31:50 today. Maybe it can overlap into
31:52 tomorrow. That's where you take anywhere
31:54 from two to three, maybe even four
31:56 trades a week on the higher end. Day
32:00 traders tend to have anywhere from a 40
32:02 to 50% win rate, but obviously they're
32:03 taking a lot of positions and the
32:06 risk-to-reward isn't as high. A swing
32:08 trader's win rate tends to be anywhere
32:11 from 60 to 65% because they're taking
32:13 less trades, which the quality means
32:14 that they're much better. And then a
32:16 swing trader's win rate tends to be
32:20 anywhere from 70 to 65% but their
32:22 risk-to-reward tends to be even greater
32:24 than that. Last but not least, or like I
32:26 would like to say definitely least is
32:29 going to be a scalper. Scalp trading is
32:31 probably what every single person thinks
32:32 that they are when they come into
32:34 trading because people think that the
32:36 more amount of positions that you are
32:38 in, the more money that you will make
32:40 and that cannot be further from the
32:41 truth. A scalper is somebody that tries
32:43 to take two to three trades every single
32:45 day, a trade every single day. And that
32:48 actually overexposes yourself and puts
32:49 you at more risk because the more you
32:51 get involved into the market, the more
32:53 risk you are in. The more you're
32:55 actually trading, the more odds you have
32:57 of losing. The less you trade, the less
32:59 likely you are to lose. So then you
33:01 might ask me, "Wait, Alex, so then how
33:02 do you actually make money if you're not
33:04 involved?" You make money by entering
33:06 the right trade at the right spot, and
33:08 you let it ride. You make money while
33:10 the market moves. You don't make money
33:12 by getting involved into the market. Two
33:14 very very big like they're two
33:16 completely different things. And the
33:17 quicker you understand that, the quicker
33:19 you're going to make money in trade. You
33:21 don't make money in trading by getting
33:23 involved. You make money in trading by
33:25 getting involved at the right time at
33:27 the right place and let the market move.
33:29 Let the market do its thing. Let it
33:31 create the market structure. Let it go
33:33 up. Let it go down. Whatever you're
33:34 doing with it, and that's when you make
33:36 the money. every single time you enter a
33:38 position, you're adding more risk to
33:40 your account, which in turn can end up
33:42 to you losing. Yes, it could also mean
33:43 that you can make money, but nowhere
33:45 near as if you were to enter one solid
33:47 position and you let it run. If this
33:48 doesn't make sense right now, don't
33:49 worry. It's all going to click
33:51 throughout this video. Right now, I just
33:52 want you to have a deep understanding of
33:54 the different types of traders that
33:56 there is out there. My personal favorite
33:58 is going to be a day trader or a swing
34:00 trader and then the happy medium right
34:02 in the middle. Everybody starts off as a
34:03 scalp trader because they want to enter
34:05 a bunch of positions thinking they're
34:06 going to make more money, but then they
34:08 end up developing and growing as a
34:10 person and become a day trader. These
34:12 are the main types of traders that go
34:15 and execute on either the foreign
34:16 exchange market, the stock market, or
34:18 the crypto market. Okay. So, now that
34:20 you understand that what type of markets
34:22 you're going to be trading, the type of
34:24 trader that you can be on this market,
34:25 let's actually start breaking down the
34:27 exact markets that you are going to be
34:28 trading. We'll figure out what type of
34:31 trader you are later in this journey and
34:33 see which one makes the most sense for
34:34 you. But the most important thing that
34:37 you understand is what type of markets
34:38 you're going to be trading. So, we're
34:39 going to be breaking down the foreign
34:40 exchange markets. This is the most
34:42 volatile markets, the markets with the
34:44 most amount of opportunity and gives you
34:46 the most possibility to make the most
34:47 amount of money. So, we're going to be
34:49 breaking down a forex pair, a currency
34:52 pair, a market that is consisted of
34:54 currency, right? So, as you can tell,
34:56 all of these markets here to my right
34:57 hand side, they're all different types
35:00 of currency markets. The USD versus the
35:03 CAD, the pound versus the Canadian, the
35:04 Australian versus the Canadian. And
35:06 don't worry, I'm going to teach you how
35:08 to set up this whole trading view, all
35:10 of this Chinese that you think this is
35:11 this is a new language to you. Don't
35:12 worry, I'm going to help you set all of
35:13 this up. But, we're going to first start
35:16 off by breaking down what is a currency
35:18 pair and how does this even work? Well,
35:20 in order for you to trade the foreign
35:22 exchange market, you have to trade one
35:23 currency against the other. You're
35:25 basically betting that one is going to
35:28 get stronger than the other or that that
35:30 one's going to get weaker than the
35:31 other, which enhances the same exact
35:33 thing. If something gets stronger, that
35:34 means the other gets weaker. It's very
35:36 simple. So, all we are doing when we are
35:38 trading a currency market is we are
35:40 betting that something is either going
35:42 to go up or betting that something is
35:44 going to go down. At no given point, if
35:46 I'm trading the EuroUSD, for example,
35:48 which is this market that we have here,
35:51 at no point am I ever actually owning
35:54 any actual euro, or am I actually ever
35:57 selling the dollar against the euro or
35:59 buying the euro against the dollar? If
36:02 I'm trading the Canadian dollar versus
36:05 the pound, at no point do I actually own
36:07 any physical Canadian dollars or do I
36:09 have any British pounds at no given
36:12 point. All I am doing is I am betting
36:14 that one is going to get stronger than
36:17 the other. So how does this betting work
36:18 you may ask? Well, it's very simple.
36:21 This is a currency pair. It's made up of
36:24 two different currencies. The first
36:26 currency is going to be the base. So
36:29 this is the base currency of the pair.
36:31 Then we have the quote currency which is
36:33 the other currency pair. These two
36:35 markets are constantly in a battle. Who
36:37 is stronger than the other? If this
36:40 market decides to continue to go to the
36:42 upside and it starts creating market
36:44 structure like this to the upside that
36:46 means that the euro is stronger than the
36:48 dollar. If this market is then moving to
36:51 the downside like this then that means
36:53 that the dollar is stronger than the
36:56 euro. Now how would I know that? How
36:57 does that make sense? Well, it's very
37:01 simple because this base currency is
37:04 what's going to drive the price up. If
37:07 we are currently at a with a very strong
37:09 euro market and the euro is very very
37:12 very strong that is going to mean that
37:13 it's stronger than the dollar and it's
37:16 going to push price to the upside. If
37:18 the dollar is going to become strong
37:20 then that means that it's going to be
37:22 stronger than the euro and it's going to
37:25 push price to the downside. So this
37:27 quote currency the best way to
37:30 understand it is if it's getting strong
37:32 you want the market to go down. If this
37:35 base currency is getting strong, you
37:38 want this market to then go up. Now, I
37:40 wanted to be very clear. When you want
37:42 this market to be strong, when you want
37:44 the euro to go to the upside, you want
37:46 to buy this market. You're going to buy
37:48 eurousd. Once again, you're not buying
37:50 any euros. You're essentially just
37:52 betting that the euro is going to get
37:54 stronger than the dollar for a period of
37:56 time, whether that be a couple of hours,
37:58 a day, a week, a month, whatever the
38:00 case is. But then if you want to sell
38:02 EuroUSD, at no given point are you
38:04 actually selling the dollar? You're just
38:06 betting that the dollar is going to get
38:09 stronger than the euro. So are they both
38:12 equally as important? Can they both have
38:13 equally the same amount of moves?
38:16 Absolutely. Just because a market is
38:18 going up doesn't mean that that's going
38:20 to be more probable or stronger than a
38:22 market that is going down. Remember this
38:24 market going down doesn't mean that the
38:26 dollar is getting weak. it actually
38:28 means that it's going to be getting
38:30 stronger against the euro. So whenever
38:33 you are selling EuroUSD or selling any
38:35 market, you're basically betting that
38:38 this market is indeed getting stronger
38:40 than this one. It really comes down to
38:42 the way it represents in this battle
38:45 well or in any battle. If somebody is
38:47 winning, that means that they are
38:48 standing up and fighting and if somebody
38:51 is losing, they fall down to the floor.
38:52 Well, in this market, it's actually the
38:53 complete opposite because this fight
38:56 never ends. This fight is a forevergoing
38:57 market between the dollar and the euro.
39:00 Markets going up, markets going down.
39:02 And whenever the markets are going up,
39:03 that means that the euro is winning the
39:05 fight. Whenever the markets are going
39:07 down, that means that the dollar is
39:09 winning the fight. But at no point does
39:11 a fight ever end, the fight is always
39:13 going to go on as long as we have both
39:15 of these currencies. So whenever the
39:18 fight is going down, that means that the
39:19 dollar is getting strong, the euro is
39:21 getting weak. Whenever the fight decides
39:23 to continue to go back up, that means
39:25 that then the euro is going to be
39:27 getting stronger against the euro.
39:28 That's really what it comes down to.
39:30 These are two fighters fighting up and
39:32 down. And then whenever they're going in
39:33 one direction, that means they're
39:35 getting strong. Now, what are these
39:37 numbers right here, right? What is this
39:39 numbers that keep going up and down?
39:41 Well, this is actually probably the most
39:43 important thing that you need to
39:45 understand what it is, but you're never
39:47 going to actually use it because you
39:48 don't really care what the actual
39:50 exchange rate. So these numbers right
39:53 here are the exchange rate of the actual
39:55 currency pair. And as you can see it
39:56 right here on the live market. That's
39:59 why it's 1.17.
40:01 So $17
40:04 is going to equal 1o. That is really all
40:06 that this is right here. So this just
40:09 lets you know where the market is in
40:10 terms of price. And these numbers going
40:12 up and down is what's going to lead you
40:14 to determine whether okay, I want to buy
40:16 or I want to sell. But at no point are
40:17 you ever actually going to be looking at
40:19 these numbers. These numbers just
40:22 reflect what the actual charts are going
40:23 to be doing. When we go to the
40:25 candlestick charts, these charts will
40:28 just reflect on this price right here.
40:30 This price is going to reflect on these
40:32 charts. So, this right here is what a
40:35 currency pair is. It's a battle of both
40:39 of these markets 245 for the rest of
40:41 history. And whenever one is going up,
40:43 that one's winning. And whenever this
40:45 one's going down, this one is winning.
40:47 There is endless amounts of currency
40:49 pairs out there. I personally trade
40:51 myself 15 to 20 different ones because
40:52 there's just more opportunity on the
40:54 more markets that you trade. And there
40:57 is more volatile currency pairs. And
40:59 then there is less volatile currency
41:01 pairs. Obviously currency pairs that are
41:03 less commonly known. Let's say like the
41:06 noggin, the Mexican peso that don't tend
41:09 to have as much volume compared to the
41:11 US dollar, to the euro, or to the
41:13 British pound. They're going to be a lot
41:15 less volatile. Can you still trade them?
41:16 Can there still be loads of
41:17 opportunities? Of course. But the odds
41:20 of you making big moves on those markets
41:23 are very unlikely. Can you still do it?
41:24 Yes. And I'm going to be educating you
41:26 how to properly do that as we continue
41:27 to go on throughout this video. I just
41:29 first want to teach you exactly what a
41:31 currency pair is and how it works
41:32 because this right here is what you will
41:35 be trading 245. And you need to
41:37 understand exactly what you are doing
41:39 whenever you are trading these type of
41:40 markets. And these right here are going
41:43 to be known as the major currency pairs.
41:45 You're going to have your euro versus
41:48 the dollar, the pound versus the dollar,
41:50 the dollar versus the Japanese yen, the
41:52 dollar versus the Swiss Frank, the
41:54 dollar versus the Canadian dollar, the
41:55 Australian versus the dollar, and the
41:57 New Zealand versus the dollar. If you
41:59 can see a pattern here, they're always
42:01 going to have the dollar in it. The
42:03 dollar is obviously the one that is the
42:05 most respected, the most valued currency
42:08 in the market. It is the simple fact and
42:10 it is always going to be used against
42:12 the next main currency pair. Now, some
42:14 people sometimes ask, why isn't it USD
42:16 versus euro? And this is just the way
42:18 the market's set up. I don't have the
42:19 answer to that question. Is there any
42:21 point where they're actually flipped
42:22 over? I'm going to be completely honest.
42:24 No, I have never even considered that.
42:26 But even if it were to get flipped over,
42:28 let's say it's the USD versus the euro,
42:30 it's still the exact same thing. It's
42:32 just this time instead of the dollar
42:35 reflecting its strength while going
42:36 down, it's going to reflect its strength
42:39 while going up. Same thing for the euro.
42:41 So, everything remains exactly the same.
42:42 This is just the way that the currency
42:44 market has set it up. So these are the
42:47 main currency pairs that you should be
42:48 trading. And the reason why you should
42:50 be trading these currency pairs is
42:51 because one, there's a lot of volatility
42:54 in it. Meaning that it is indeed going
42:56 to give you lots of opportunities. Two,
42:58 since there is a lot of volatility, that
43:00 means that there the cost to operate in
43:02 these markets are going to be very low
43:05 because people are moving constant funds
43:07 inside of these pairs. So the cost to
43:09 get involved is not that high. And on
43:11 top of that, these tend to also be the
43:14 trades that have the best moves in the
43:16 right sessions. And three, these are the
43:17 markets that tend to have the best
43:19 moves. Now, when I mean the best moves,
43:21 I mean that they actually have proper
43:22 moves because other currency markets
43:25 that aren't as volatile or aren't as
43:27 respected in the market. They tend to
43:29 have the most random moves, moves that
43:31 cost people a lot of money and it tends
43:33 them to lose. Now, I'm not saying you
43:36 shouldn't trade uh any other markets
43:37 that are not these, but I'm saying that
43:38 these markets tend to have the most
43:40 respected moves. They don't tend to have
43:42 these major spikes. They don't tend to
43:44 have these unnecessary fees which end up
43:46 potentially taking you out of your stop
43:47 loss when price didn't really make it
43:49 there. These are all a bit more advanced
43:50 stuff and we'll get to that throughout
43:52 this whole entire video. And I trade
43:53 these other markets all the time. I
43:54 trade the most random markets. You know,
43:56 I'll trade the Canadian dollar versus
43:58 the Japanese yen and find great
44:00 opportunities there. But I just have to
44:02 understand it a risk associated with
44:04 trading in those currency pairs. This
44:05 right here are going to be the major
44:07 currency pairs and the ones that tend to
44:10 have the best price to actually trade
44:12 cost less and have the best moves. So
44:14 we'll break these down with the actual
44:15 strategy and how to actually trade it
44:17 later into this video. Okay, so now
44:19 moving on to the next subject. Now that
44:21 you understand what a actual currency
44:23 pair is and you understand that they're
44:25 in a constant battle up and down and
44:27 that there is a neverending on this
44:28 fight and there's never a winner.
44:30 There's just some streaks where one
44:32 currency is winning and there's another
44:33 streak where another currency pair is
44:34 winning. Now you now you have to
44:37 understand that this battle this fight
44:39 has to be reflected based off of
44:41 something like we have to see the trail
44:44 of this fight. When a currency pair is
44:45 going up, it leaves a trail. When a
44:46 currency pair is going down, it leaves a
44:50 trail. Now we need somewhere to show us
44:52 this fight. Now this fight could be
44:54 shown in many different formats. You can
44:57 see this fight either in a line chart
45:00 formation. You can see that the euro for
45:02 example is getting stronger then the
45:04 dollar gets stronger then the euro gets
45:06 stronger again. So this is the line
45:09 chart that is representing how this
45:11 fight is going. You can also have this
45:13 famous bar chart which the bar chart
45:14 shows whenever it's green that the euro
45:17 is getting strong. Whenever the red bar
45:19 comes out that means the dollar is
45:20 getting strong. So on and so forth. Then
45:22 we have the candlestick chart which is
45:24 the most commonly known in the trading
45:26 industry which is where you have the
45:28 green and red candles and that is the
45:30 representation of the fight. So there's
45:33 many different types of charts and all
45:35 of these charts are representing the
45:38 exact same price. This right here is
45:41 Euro USD. This is Euro USD and this is
45:43 Euro USD. It's just representing the
45:45 fights in a different format. The best
45:47 analogy that I can give you for this is
45:50 for example, let's say Mike Tyson and
45:52 Floyd Mayweather are going to be
45:55 fighting. Now, you can either watch the
45:57 fight in person or you can watch the
46:00 fight on TV or you can hear the fight
46:03 over the radio or you can simply hear
46:06 the fight over a headphone. Right?
46:08 You're hearing, watching, you're getting
46:10 the exact same feedback on the exact
46:12 same fight at the exact same point.
46:15 every single point, whether it's on TV,
46:17 whether it's in person, whether it's in
46:18 radio, whether you're just listening to
46:20 it, you're going to be hearing the same
46:22 exact thing. Oh, Mike Tyson at this
46:25 point was beating and knocked down Floyd
46:27 Mayweather. Floyd Mayweather came back
46:29 up, hit him with an uppercut, but then
46:30 Mike Tyson knocked him out. Whether you
46:32 are hearing that, whether you are seeing
46:35 that, whether you are just listening to
46:38 it, all of these are the exact same
46:40 information of the battle of the
46:42 currency pair up and down just being
46:44 represented in different ways. That's
46:47 really all it is. And the most commonly
46:50 known one is going to be the actual
46:52 candlestick chart. The candlestick chart
46:53 is where you're going to actually be
46:56 able to trade off of the famous Japanese
46:58 candlesticks and actually see patterns
46:59 that constantly repeat themselves in a
47:01 very effective way. These are going to
47:02 be the markets that I'm going to be
47:04 educating you guys on on how to properly
47:06 execute these trades and actually trade
47:08 in these markets. The bar chart is not
47:10 mainly commonly known for traders. This
47:12 is used for a different type of style
47:13 which I'm not entirely sure how it
47:15 works. So, I can explain something I'm
47:17 not simply educated on. And if up to
47:18 this point right now in my trading
47:21 journey, I have literally not used it
47:22 one single time. I feel like it's not
47:25 necessary. I saw maybe 15 videos of this
47:26 when I got started in my trading
47:29 journey. None of them ever made sense.
47:30 And I just simply wasted time and
47:32 clouded my mind with information that I
47:34 was simply never going to use and was
47:36 not going to be effective in my trading
47:38 style at all. So then I wasted time and
47:40 not giving focus on to what actually
47:41 mattered, which was the candlestick
47:42 chart. That's what I'm going to do for
47:44 you guys in this video. Tell you guys a
47:45 little bit of what everything is.
47:47 literally only focus on what matters and
47:49 can remove the noise of what doesn't
47:51 matter. Next, we have the line chart,
47:53 which is equally important because this
47:54 is going to lead you to understand the
47:58 proper market structure on the time
47:59 frame or on the market that you're going
48:01 to be interested in. Have an
48:03 understanding that this right here is
48:06 like watching the real fight in real
48:08 time. These candlesticks, these wicks,
48:10 these moves down, this is like you're
48:12 watching the fight in person. and you're
48:14 getting the sweat that is falling on
48:17 you. If you're sitting first row, you're
48:19 hearing the roar of the audience. Like,
48:21 you're getting everything as real, as
48:23 raw as it gets. No commercials.
48:24 Everything is on the spot. Think of the
48:27 line chart as if you were to be watching
48:29 the fight on TV. And you might be asking
48:32 why. Well, it's because this only
48:34 creates these structure points once the
48:36 market has actually closed. Once a
48:37 candlestick has closed, the next one has
48:39 opened. Like, this doesn't really
48:41 represent a move until it is completely
48:42 done. I'm going to be breaking all that
48:44 down in just a second, but think of this
48:47 as the next step. So, first you have the
48:49 live, which is real raw fight. This is
48:51 happening in real time. And then this
48:53 you get commercials. Maybe you have
48:55 maybe it might have a 15 20 second delay
48:56 just because of the way it gets
48:59 transmitted. But then after that, there
49:00 is nothing else that is going to be
49:02 important. We're not going to be using
49:04 no bar charts and we're not going to be
49:06 using the scatter plot. Neither one of
49:08 these are going to be useful. They're
49:09 just a different way on how to represent
49:11 the fight. I am not educated on it at
49:13 all. I just wanted to show you different
49:15 representations of how the candlestick
49:18 chart looks compared to the line chart.
49:19 So, now that you understand that the
49:21 only two types of charts that you're
49:23 going to be focusing on is going to be
49:25 the line chart and the candlestick
49:26 chart, let me actually just show you
49:28 guys how this looks like in real time,
49:30 right? So, let me just remove this right
49:32 here and let's actually go to the real
49:34 markets. So, right now, for example,
49:37 let's say we go to EuroUSD. So, we're
49:39 going to type EuroUSD here on Trading
49:41 View, and we're just going to go to a
49:44 random EuroUSD market. Now, don't worry
49:46 if you don't know how to use Trading
49:47 View just yet. I'm going to help you set
49:49 all that up, but I first want to educate
49:52 you on how the charts work. So, we were
49:54 to click this section up here, you can
49:57 tell that we have our bar charts, we
50:00 have our candlestick line charts, we
50:03 have our hollows. There's many different
50:06 ways on how you can determine whether
50:08 this market is going to get stronger or
50:10 weaker with all of these different types
50:12 of formations. So, now that you
50:13 understand that, basically the
50:15 difference between the line chart, the
50:17 bar chart, and the candlestick chart is
50:19 really just how the fight in between the
50:22 currency pair is represented. Let me
50:24 show you this in a realtime chart.
50:25 Right? So, for now, we're just going to
50:27 move this down, and we're going to head
50:29 over to the top section over here of
50:31 Trading View, and I'm going to show you
50:32 the multiple different ways on how you
50:35 can actually look at this fight. Now,
50:36 don't worry. Later into the video, I'm
50:37 going to show you how to set up Trading
50:39 View, which one of these options should
50:41 you actually be looking at, cuz I get
50:42 it. This can almost seem like
50:44 information overload, but I'd tell you
50:46 that maybe 50% of the buttons on this
50:48 website you're never going to use, and
50:49 the other half of it are very simple to
50:51 use, right? So, let's start off with the
50:53 bar chart. So right now we are looking
50:56 at BTC or we can be looking at EuroUSD
50:57 or we can looking at any single chart
50:59 right. So for us right now since we're
51:01 using Euro USD as the example let's go
51:04 to EuroUSD and as you can tell there's
51:07 many different Eurusds. You have some on
51:10 FXCM on GBEN
51:12 Forex.com Kraken. Probably wondering
51:13 what's the difference between this
51:15 EuroUSD and this one. And the only
51:18 difference between this EuroUSD and this
51:20 one is that it's on a different server.
51:22 So this is the FXEM server. So this is a
51:25 broker and this broker gets certain data
51:28 feeds and it offers Euro USD at a
51:29 different price. It's the exact same
51:31 market. It's just offered maybe a couple
51:33 of points higher, couple of points
51:35 lower. It's really the only difference.
51:36 But for example purposes, we're going to
51:38 go to this one, right? It's all going to
51:40 be the same thing. So right now, this is
51:44 what EuroUSD looks like on the actual
51:46 bar chart. So, if you notice, whether
51:48 it's on a bar chart, whether it's on a
51:49 line chart, whether it's on a
51:51 candlestick chart, you're always going
51:53 to have the price be at the exact same
51:56 point, 1.17301.
51:59 Now, that is on the ICE server. If we
52:01 were to go to a different server, which
52:03 let me just type it in right here. So,
52:06 we have 1.1301.
52:08 Let's say we go to capital.com, we have
52:12 it at 1.1303.
52:14 The exact same chart. It's just points
52:16 are minorly up or down. And the chart
52:18 might look slightly different. Something
52:20 that you probably like barely even
52:22 notice. Just going to have little more
52:23 structure points here, less structure
52:26 points here. The one that I personally
52:29 use is always going to be the server. So
52:31 for me, the server is the most accurate.
52:34 It's based off of one of the main US
52:36 regulated brokers in the US and it's the
52:39 one that I personally use for simple I
52:40 guess you can almost call it like a
52:42 superstition reason, but I've never
52:43 really used any other one. I'm sure I
52:45 can use any other one. They are all
52:47 pretty much the same. The points are off
52:49 not much. So, back to the line charts,
52:51 back to how these different type of
52:53 markets work. We'll get into all of this
52:54 different broker stuff, different
52:57 markets, liquidities, and and how this
52:58 stuff works once we get to that point.
52:59 Right now I just want to explain to you
53:02 the basic points charts, right? So this
53:04 is a line chart. So this line chart
53:06 right here is exactly what the fight
53:09 looks like in between euro and the US
53:12 dollar on the line chart. This is what
53:14 the fight looks like on the euro versus
53:17 the US dollar on the bar chart. This is
53:20 what the fight looks like on the euro
53:22 versus the US dollar on the line chart
53:24 with markers. If you were to look at the
53:26 area, if you were to look at the
53:29 columns, if you were to look at the high
53:31 low, you were to look at the volume
53:33 footprint. I guess I don't have this
53:34 option, but if you were to look at any
53:36 other one, that is exactly how it looks.
53:39 This right here is literally the exact
53:42 same market movement. It's just the
53:44 fight is being represented in different
53:47 ways. the most accurate way and the
53:49 cleanest way to look at the market and
53:51 actually be able to develop a actual
53:53 strategy and be able to predict patterns
53:55 based off of how I've been doing it for
53:57 the last 7 years and I've been teaching
53:59 people to do it is based off of the
54:01 candlestick. So we come over here to the
54:02 trading view and the candlestick is
54:04 going to be the next one, the
54:06 candlestick chart. Now, I have a
54:08 specific indicator which is called a no
54:10 gap candlesticks which is very easy to
54:11 apply and I'll show you guys how to
54:14 apply it right now just so you can do it
54:16 once we get to that point. But it'll be
54:18 very easy. All you have to do is just go
54:21 to indicators, type in no gap
54:23 candlesticks, and I'm kind of getting a
54:25 little bit ahead of myself here, but
54:27 we'll we'll just do it for now. You
54:28 click on the no gap candlesticks, and
54:30 then once you click on it, it basically
54:33 pops up. And that's how you would
54:35 implement the no gap candlesticks. Aside
54:36 from that, I'll teach you how to
54:38 actually adjust it because right now
54:40 you're probably having an overlap with
54:43 your actual candlesticks. And you know,
54:44 I'll teach you how to do that just a
54:46 second later into the video cuz I want
54:47 to get into the indicators and I also
54:49 want to explain to you how this EMA
54:52 works, why I use this EMA, which one is
54:54 my EMA, so on and so forth. So the
54:55 candlestick charts are basically
54:58 consisted of multiple different time
55:00 frames based off of these candlesticks.
55:02 As you can tell over here next to the
55:04 type of candlesticks that I have, these
55:06 candlesticks are being represented in
55:09 different time frames. For example,
55:11 right now we are on the 4hour time
55:13 frame, meaning this candle right here
55:15 closes every 4 hours. So this
55:17 candlestick right here, the way it's
55:19 being closed right now, has about 38
55:21 minutes left. Meaning it has been open
55:24 for 3 hours and 20 minutes nearly. This
55:26 candlestick closed 4 hours ago, 4 hours
55:27 ago, and 4 hours ago. This is what this
55:29 market looks like based off of this
55:31 4hour time frame. If we were to go to
55:34 the two-hour time frame for example,
55:36 this happens to be a candlestick once
55:38 again that is closes every 2 hours. So
55:40 every single one of these candlesticks
55:42 is 2 hours. This candlestick right here
55:44 is the 1 hour closes as well in 38
55:47 minutes. All because the market closes
55:49 in the next 40 minutes. So a lot of
55:50 these candlesticks are going to be
55:53 closing at the same time. Next on the 30
55:55 minute, this candlestick has 12 minutes
55:57 left before this one closes. Every
55:59 single one of these candlesticks is a 30
56:01 minute candle. Then we have the 15-minut
56:03 time frame, which this candle closes in
56:05 the next 12 minutes as well. All we have
56:08 just done here from the 4 hour or if we
56:10 go up to the daily or we go up to the
56:13 weekly is we are just looking at the
56:16 fight from different points in the
56:18 arena. So let's say you're actually in
56:20 the fight, right? So, we understand that
56:21 there's different ways for you to watch
56:23 the fight. You have watching the fight
56:24 in person, which would be the
56:27 candlestick chart. You have the line
56:29 chart, which is like watching it on TV.
56:30 And then you have the bar chart, which
56:32 is like listening to it on the radio or
56:34 having some headphones on. Right? These
56:36 are all the different formats for you to
56:38 actually watch the fight. Now, we've
56:39 decided that we're going to watch the
56:41 fight in person because it's obviously
56:42 the best one. You're there in real time.
56:44 You get real updates and you're there
56:45 live. There's nothing like being at a
56:48 live fight. Now, where are you sitting
56:50 in that live fight? Are you right there
56:52 front row? Are you in the middle? Are
56:55 you a bit higher on the stands? Or are
56:56 you in the nosebleleeds? Which one are
56:58 you? That's exactly what these time
57:00 frames are right here. The higher the
57:02 time frame, the higher you're going to
57:04 be in the arena. The lower the time
57:06 frame, the closer you are going to be to
57:08 the ring. And you can get all the way as
57:11 low to 1 second. Meaning you can go to
57:13 the one second time frame and you can
57:14 literally see every single candlestick
57:16 that closes every second. I don't have
57:18 that feature unlocked here on Trading
57:20 View simply because I don't use that
57:22 feature. The lowest time frame I go is
57:23 the 15. But with the feature that I
57:25 have, you can go all the way up to the
57:28 one minute, meaning every single minute
57:29 a candlestick closes and you're going to
57:31 be seeing every single one of those
57:33 details. Believe me, you're never going
57:35 to want to be this low into the time
57:37 frames. It's just way too detailed. You
57:39 can never actually see anything. And
57:40 this right here is just a quick
57:42 representation to give you a visual of
57:43 what I'm talking about. So, we've
57:44 decided that we're going to go watch the
57:46 fight in person. Now, there's many
57:47 different places we could be sitting. We
57:49 could be at the skyscrapers, which is
57:51 going to be like the weekly time frame.
57:52 We could be here in this middle area,
57:54 which this is going to be the daily time
57:55 frame. Then, we can have this outer
57:58 area, which this could be the 4 hour.
58:00 This area could be the 2hour. This area
58:03 could be the 1 hour. And then this area
58:05 up over here can be the 30 minutes. And
58:07 this can be the 15 minutes. Speaking
58:10 from personal experience, the best area
58:12 to actually be sitting on these fights
58:14 is going to be the weekly time frame.
58:16 Now, you may be asking, Alex, why that's
58:18 super far? Well, because from up here,
58:20 you can actually see the fight. You're
58:22 actually looking from the top down. The
58:24 closer you actually get to the arena,
58:25 you're looking at it more of a
58:26 horizontal way. And I don't know about
58:28 you guys, but I wasn't blessed to be the
58:30 tallest guy in the room, right? I'm not
58:32 super short. I'm 5'9, 510. At these
58:34 fights, everybody happens to be giants
58:36 and everybody likes to stand in this
58:38 area here. So, if everybody's standing
58:40 and they're taller than me, I can't see
58:42 the fight. And the fight is on a
58:44 platform. And since the fight's on a
58:47 platform, guess what? Not only can I not
58:49 see because there's somebody big on top
58:50 of like right in front of me, but then
58:52 the fight is also elevated. So, you're
58:53 almost looking up. And if the people
58:56 were to fall, for example, on this side,
58:57 I can't see them at all. Like, you're
58:59 just not seeing them. you have to be
59:01 looking up directly to the screen to see
59:02 what's happening. So, the point that I
59:05 want to get to this is don't think the
59:07 more detailed you can see stuff and
59:09 because something closes every single
59:11 minute or every single second that it's
59:12 better because you get to see more
59:14 details. That's actually completely
59:15 false. You want to make sure that you
59:18 can be watching in from above and you
59:19 can see everything from a higher
59:21 standpoint and you can almost see stuff
59:22 coming because you're watching
59:25 everything as it unfolds. So, this is
59:26 how going through the candlestick
59:28 formats is right. So, we're looking at
59:30 the exact same price, right? So, if you
59:32 notice right here, this is EuroUSD. On
59:37 the daily time frame, it's 1.1314.
59:39 If we go down to the 4 hour, it's the
59:41 same 1.1314.
59:42 Obviously, the market's moving right
59:43 now, so it's going to fluctuate one of
59:45 these two points. But if I go down to
59:47 the 2 hour, 1 hour, and the 30 minute
59:49 quickly, you can see that it's all the
59:51 exact same price feed. You're just
59:53 looking at it in a much more detailed
59:55 format. It's just being represented in a
59:57 more detailed. So this 4hour candlestick
59:59 right here that we are looking at, it's
60:02 being broken down into two candlesticks when we go to the 2-hour time frame. So
60:03 when we go to the 2-hour time frame. So now it's going to be these two
60:04 now it's going to be these two candlesticks right here. Now these two
60:06 candlesticks right here. Now these two candlesticks are going to be broken down
60:08 candlesticks are going to be broken down into another candlesticks once we go
60:10 into another candlesticks once we go down to the 1 hour. Now these
60:12 down to the 1 hour. Now these candlesticks right here, this 1 hour
60:14 candlesticks right here, this 1 hour candlestick is going to be broken down
60:15 candlestick is going to be broken down to then another 30 minute candlestick
60:17 to then another 30 minute candlestick once we go down to the 30 minute. So on
60:19 once we go down to the 30 minute. So on and so forth. So, what I'm trying to get
60:21 and so forth. So, what I'm trying to get you to understand here is that when
60:22 you to understand here is that when you're looking at the candlesticks,
60:24 you're looking at the candlesticks, because you go from this time frame to
60:26 because you go from this time frame to this time frame, doesn't mean you're
60:27 this time frame, doesn't mean you're looking at a completely different
60:28 looking at a completely different market. You're looking at a completely
60:29 market. You're looking at a completely different format. No, you're looking at
60:31 different format. No, you're looking at the exact same fight. You're looking at
60:32 the exact same fight. You're looking at the exact same market, just in a much
60:34 the exact same market, just in a much more detailed way. And sometimes having
60:36 more detailed way. And sometimes having those details is good. Sometimes having
60:38 those details is good. Sometimes having those details is bad. All that unfolds
60:40 those details is bad. All that unfolds and it kind of comes together when
60:42 and it kind of comes together when you're actually executing a strategy and
60:44 you're actually executing a strategy and doing proper top- down analysis and
60:46 doing proper top- down analysis and executing on the market. And I'm going
60:48 executing on the market. And I'm going to teach you guys how to do all that
60:49 to teach you guys how to do all that later into this video. Right now, I've
60:50 later into this video. Right now, I've just taught you what type of markets,
60:52 just taught you what type of markets, how to break it down, and then the
60:54 how to break it down, and then the importance of understanding why these
60:56 importance of understanding why these time frames are a thing. Right? So,
60:58 time frames are a thing. Right? So, that's only the beginning of these time
60:59 that's only the beginning of these time frames. Now, a lot of you guys may be
61:01 frames. Now, a lot of you guys may be asking, Alex, okay, cool. I get it. But
61:03 asking, Alex, okay, cool. I get it. But how does the candlestick actually work?
61:05 how does the candlestick actually work? Like, what is this line up here? What is
61:08 Like, what is this line up here? What is this line down here? Very simple.
61:10 this line down here? Very simple. Picture, we can go down to the one
61:12 Picture, we can go down to the one minute time frame to see this as real as
61:14 minute time frame to see this as real as it gets. Picture this market right here
61:16 it gets. Picture this market right here as this candlestick right now is about
61:18 as this candlestick right now is about to close in the next two seconds. It's
61:20 to close in the next two seconds. It's going to close right there. And now
61:22 going to close right there. And now another one is going to open from where
61:24 another one is going to open from where this one closed. As soon as this next
61:26 this one closed. As soon as this next candlestick opens from this one that
61:28 candlestick opens from this one that closed, it's either going to go up or
61:31 closed, it's either going to go up or down, right? It's really not going to do
61:32 down, right? It's really not going to do anything else. Now, this market, as soon
61:33 anything else. Now, this market, as soon as it opened, it went up. Now, if this
61:36 as it opened, it went up. Now, if this market in the next 42 seconds, it
61:38 market in the next 42 seconds, it decides to not move at all, it will
61:40 decides to not move at all, it will close like that. and then another
61:42 close like that. and then another candlestick will open right next to it
61:44 candlestick will open right next to it and it will either continue to go up or
61:46 and it will either continue to go up or go down. But let's say right now that
61:47 go down. But let's say right now that this market decides to have a push to
61:50 this market decides to have a push to the downside. There's going to be what
61:51 the downside. There's going to be what is called a wick, which is that exactly
61:53 is called a wick, which is that exactly right there once it actually had a
61:55 right there once it actually had a little bit of a retracement, which will
61:56 little bit of a retracement, which will look like this. It's going to be a wick.
61:58 look like this. It's going to be a wick. That wick is basically representing
62:00 That wick is basically representing where price has been. So, for example,
62:02 where price has been. So, for example, right there, you can tell price has been
62:04 right there, you can tell price has been to that high point. So, if I were just
62:06 to that high point. So, if I were just to get a line right here, that is the
62:08 to get a line right here, that is the highest point the body of that move has
62:10 highest point the body of that move has been. And if this market decides to now
62:12 been. And if this market decides to now have a reversal down and close to the
62:14 have a reversal down and close to the downside, it will close with that wick.
62:16 downside, it will close with that wick. So, in the next 2 seconds, we're about
62:18 So, in the next 2 seconds, we're about to find out if it's going to close with
62:19 to find out if it's going to close with that wick or not. And I believe it has
62:22 that wick or not. And I believe it has closed with the wick. Right now, since
62:23 closed with the wick. Right now, since we're headed towards the closure of
62:25 we're headed towards the closure of market, market tends to move, you know,
62:27 market, market tends to move, you know, pretty slow. There's just simply not a
62:28 pretty slow. There's just simply not a lot of volatility. But this next
62:30 lot of volatility. But this next candlestick should be opening right now.
62:32 candlestick should be opening right now. And as soon as it opens, it's either
62:33 And as soon as it opens, it's either going to continue going up or come down.
62:36 going to continue going up or come down. And this candlestick will officially
62:38 And this candlestick will officially have been closed with that wick. And you
62:40 have been closed with that wick. And you can see that this next candlestick just
62:41 can see that this next candlestick just opened super quick. Had a push to the
62:43 opened super quick. Had a push to the downside. And now at one point it was
62:45 downside. And now at one point it was down here. I just literally didn't
62:46 down here. I just literally didn't manage to grab it because I was going
62:48 manage to grab it because I was going back and forth on the time frames, but
62:50 back and forth on the time frames, but came down here. Then it went back up.
62:51 came down here. Then it went back up. Now this next candlestick, this one has
62:53 Now this next candlestick, this one has closed here. This one opened, wicked up.
62:56 closed here. This one opened, wicked up. Now it's wicking back down, wicking back
62:58 Now it's wicking back down, wicking back up. So what this line is, what this tail
63:00 up. So what this line is, what this tail is, what this hair wick, whatever, what
63:03 is, what this hair wick, whatever, what the proper name is a wick. This right
63:05 the proper name is a wick. This right here is a wick, but many people have a
63:06 here is a wick, but many people have a lot of creative names for it. All this
63:08 lot of creative names for it. All this right here is just the history of where
63:10 right here is just the history of where price has been. So right now this
63:12 price has been. So right now this candlestick is currently creating that
63:14 candlestick is currently creating that wick right now. It's currently creating
63:15 wick right now. It's currently creating that high created up to that point. And
63:17 that high created up to that point. And if it closes right here, that is where
63:19 if it closes right here, that is where the trail of the candlestick has been.
63:22 the trail of the candlestick has been. This is the market showing us how the
63:25 This is the market showing us how the market is moving. Is it moving very
63:26 market is moving. Is it moving very aggressively to the upside? Is it
63:28 aggressively to the upside? Is it rejecting this area? Because this wick
63:30 rejecting this area? Because this wick right here is shown as a sign of a
63:32 right here is shown as a sign of a rejection. Clearly price was bullish or
63:35 rejection. Clearly price was bullish or this candlestick was completely filled
63:37 this candlestick was completely filled all the way up to this point. But
63:38 all the way up to this point. But something happened in the market that it
63:40 something happened in the market that it pushed it down. In turn, that should
63:42 pushed it down. In turn, that should then mean that it should continue to be
63:44 then mean that it should continue to be pushed down. For example, that closed
63:45 pushed down. For example, that closed with a small wick at this area. So that
63:47 with a small wick at this area. So that means that the sellers aren't as strong,
63:50 means that the sellers aren't as strong, but now we have very strong sellers
63:52 but now we have very strong sellers coming into this area. Now, for example,
63:53 coming into this area. Now, for example, so let's say this market closes with the
63:56 so let's say this market closes with the wick all the way down here and out. And
63:58 wick all the way down here and out. And you can see how this market can wow this
64:00 you can see how this market can wow this is you know moving very aggressively but
64:02 is you know moving very aggressively but this is showing you guys how the markets
64:04 this is showing you guys how the markets can move how fast it can move even
64:05 can move how fast it can move even though we are in the last couple of
64:06 though we are in the last couple of hours of the markets. This right here if
64:08 hours of the markets. This right here if it somehow reverses and it has a push to
64:10 it somehow reverses and it has a push to the upside then this would have a very
64:12 the upside then this would have a very big wick right it could look something
64:14 big wick right it could look something like this. But see this right here is
64:16 like this. But see this right here is continuously pushing down this market.
64:18 continuously pushing down this market. And if wherever it closes this wick is
64:20 And if wherever it closes this wick is doing the trail of where that market has
64:23 doing the trail of where that market has been. Now that wick is equally as
64:25 been. Now that wick is equally as respected when it comes to the 1 minute
64:27 respected when it comes to the 1 minute time frame, 15-minut time frame, 1 hour
64:30 time frame, 15-minut time frame, 1 hour time frame, daily, 4 hour. These are all
64:32 time frame, daily, 4 hour. These are all different types of wicks that are being
64:34 different types of wicks that are being created. So, as you can tell on the 1
64:36 created. So, as you can tell on the 1 minute time frame, that might have
64:37 minute time frame, that might have looked like a massive bearish
64:39 looked like a massive bearish candlestick, but you look at it right
64:41 candlestick, but you look at it right here in the 4 hour and this 4 hour looks
64:43 here in the 4 hour and this 4 hour looks pretty much exactly the same from when
64:44 pretty much exactly the same from when we started talking about this subject a
64:46 we started talking about this subject a couple of minutes ago. So that's why the
64:48 couple of minutes ago. So that's why the lower time frames it might seem like a
64:50 lower time frames it might seem like a very big wow move but in reality it
64:53 very big wow move but in reality it doesn't affect any of the higher time
64:55 doesn't affect any of the higher time frames. Are the lower time frame used in
64:58 frames. Are the lower time frame used in order to determine a trade and do they
64:59 order to determine a trade and do they go in sync with the higher time frames?
65:01 go in sync with the higher time frames? Absolutely. But there's a way there's a
65:03 Absolutely. But there's a way there's a time and a place to actually execute
65:05 time and a place to actually execute that correctly. But if you can tell that
65:07 that correctly. But if you can tell that one minute big bearish candlestick looks
65:09 one minute big bearish candlestick looks like it might have had this fall off a
65:12 like it might have had this fall off a cliff. But then when you go look at it
65:13 cliff. But then when you go look at it back to the 4 hour time frame, this
65:15 back to the 4 hour time frame, this literally looks exactly the same from
65:17 literally looks exactly the same from when we actually started trading. But I
65:18 when we actually started trading. But I just want you guys to understand what
65:20 just want you guys to understand what these wicks are. That means that the
65:21 these wicks are. That means that the market at one point it was a completely
65:24 market at one point it was a completely bullish candlestick into this area and
65:26 bullish candlestick into this area and then something drove price all the way
65:28 then something drove price all the way down and then it ended up closing here.
65:30 down and then it ended up closing here. Once it closed here, this candlestick
65:32 Once it closed here, this candlestick opened, had its move up and down,
65:34 opened, had its move up and down, created that history. This is where this
65:36 created that history. This is where this market closed. Then this one opened up,
65:39 market closed. Then this one opened up, had its history, it closed, and then
65:41 had its history, it closed, and then this is where this one opened up, had
65:43 this is where this one opened up, had this push up, and as of right now, it's
65:45 this push up, and as of right now, it's right here. And then next 24 minutes,
65:47 right here. And then next 24 minutes, this candlestick will close. And then
65:49 this candlestick will close. And then another one will open and either have
65:50 another one will open and either have its push up or down or however it ends
65:52 its push up or down or however it ends up closing. But once one candlestick
65:54 up closing. But once one candlestick closes, another one opens right next to
65:56 closes, another one opens right next to it. And this will be the neverending
65:58 it. And this will be the neverending battle of the market. And our job as
66:00 battle of the market. And our job as traders is to determine what that next
66:03 traders is to determine what that next move is going to be and let's us
66:04 move is going to be and let's us capitalize off of that move because
66:06 capitalize off of that move because these market opportunities and these
66:08 these market opportunities and these this battle is a never-ending battle.
66:11 this battle is a never-ending battle. All right. So now moving on to the next
66:12 All right. So now moving on to the next subject. Now that you understand that
66:14 subject. Now that you understand that the candlestick chart is like watching a
66:16 the candlestick chart is like watching a fight. That is the way that it's being
66:18 fight. That is the way that it's being represented. And the closer you are to
66:21 represented. And the closer you are to the arena which is the lower the time
66:23 the arena which is the lower the time frame you are means the more precise
66:25 frame you are means the more precise you're watching the fight. The higher
66:26 you're watching the fight. The higher the time frame you are, the higher you
66:28 the time frame you are, the higher you are actually watching the time frame,
66:30 are actually watching the time frame, but you're watching the exact same
66:32 but you're watching the exact same trade. You're watching the exact same
66:33 trade. You're watching the exact same market. You're watching the exact same
66:35 market. You're watching the exact same fight. It's just being represented in a
66:37 fight. It's just being represented in a much more detailed format. Your USD, you
66:39 much more detailed format. Your USD, you could be watching on a daily, 1 hour, 30
66:41 could be watching on a daily, 1 hour, 30 minute. You're just looking at in a much
66:42 minute. You're just looking at in a much more detailed format. And now you know
66:44 more detailed format. And now you know what those wicks are and how the
66:45 what those wicks are and how the candlestick leaves those trails, so on
66:47 candlestick leaves those trails, so on and so forth, right? But I want to
66:49 and so forth, right? But I want to explain to you now the actual trading
66:51 explain to you now the actual trading sessions when it comes to the strength
66:54 sessions when it comes to the strength of the time to actually be watching that
66:56 of the time to actually be watching that fight. When is the right time to
66:58 fight. When is the right time to actually be there and be involved?
67:00 actually be there and be involved? Because if not cuz you know to be honest
67:02 Because if not cuz you know to be honest you can't really be involved 24/7 even
67:04 you can't really be involved 24/7 even if you wanted to because you're going to
67:06 if you wanted to because you're going to be there at times where there will
67:08 be there at times where there will simply be absolutely no volume where
67:10 simply be absolutely no volume where you're just going to waste your time and
67:12 you're just going to waste your time and the people are going to be tired. Right?
67:14 the people are going to be tired. Right? So, the best way I could put the
67:15 So, the best way I could put the analogy, and I love my analogy
67:16 analogy, and I love my analogy sometimes, but I feel like they're just
67:18 sometimes, but I feel like they're just too precise that I I I forget to go back
67:20 too precise that I I I forget to go back to trading. If people are fighting,
67:23 to trading. If people are fighting, there's going to get a point where
67:24 there's going to get a point where they're going to get tired, right? And
67:26 they're going to get tired, right? And if they're tired and, you know, they're
67:27 if they're tired and, you know, they're drinking water, they're stretching,
67:29 drinking water, they're stretching, they're eating food, you know, that's
67:31 they're eating food, you know, that's pretty boring, right? You want to see
67:32 pretty boring, right? You want to see blood, you want to see somebody get
67:34 blood, you want to see somebody get knocked out, you want to see somebody
67:35 knocked out, you want to see somebody lose a tooth. That only happens at
67:37 lose a tooth. That only happens at specific times. That's after they
67:39 specific times. That's after they rested. That's after they're well eaten
67:41 rested. That's after they're well eaten and they're actually ready to fight. And
67:43 and they're actually ready to fight. And that only happens at specific times,
67:46 that only happens at specific times, right? That's that that's exactly what
67:47 right? That's that that's exactly what I'm talking about in the market. Yes,
67:49 I'm talking about in the market. Yes, you want the market to have these big
67:50 you want the market to have these big massive moves to the upside, these big
67:52 massive moves to the upside, these big swings, and you want to catch these big
67:54 swings, and you want to catch these big trades, but that doesn't happen all the
67:55 trades, but that doesn't happen all the time. Like the market gets tired. The
67:57 time. Like the market gets tired. The market has movements at only specific
67:59 market has movements at only specific times. So, these are the highest volume
68:03 times. So, these are the highest volume sessions and then these are the slowest
68:05 sessions and then these are the slowest volume sessions. So, we're going to
68:06 volume sessions. So, we're going to start off with the Sydney session. So,
68:09 start off with the Sydney session. So, we have Sydney session and Tokyo
68:11 we have Sydney session and Tokyo session. So this tends to happen around
68:13 session. So this tends to happen around 5 to 6 7 8 9 10 11 12 EST. So this is
68:19 5 to 6 7 8 9 10 11 12 EST. So this is basically the afternoon. This is when
68:21 basically the afternoon. This is when people finish their 9 to5. This is all
68:23 people finish their 9 to5. This is all of the afternoon. And as you can tell,
68:26 of the afternoon. And as you can tell, the lighter the color, the less the
68:28 the lighter the color, the less the volume session. The darker the color,
68:30 volume session. The darker the color, the more session there is. This right
68:32 the more session there is. This right here is exactly when the fighters are
68:34 here is exactly when the fighters are taking a break. They're stretching.
68:36 taking a break. They're stretching. They're eating. They're cleaning up
68:38 They're eating. They're cleaning up their sweat. They're closing up their
68:40 their sweat. They're closing up their wounds. They're taking a break. So, if
68:42 wounds. They're taking a break. So, if you are in front of the arena at this
68:44 you are in front of the arena at this time, you are simply watching nothing.
68:47 time, you are simply watching nothing. Yeah, they're going to be there, you
68:49 Yeah, they're going to be there, you know, cleaning up one another. They
68:50 know, cleaning up one another. They might be talking smack back and forth,
68:52 might be talking smack back and forth, but they're not fighting. You're not
68:53 but they're not fighting. You're not going to see blood, right? Cuz there's
68:55 going to see blood, right? Cuz there's no volume. You can be in front of the
68:56 no volume. You can be in front of the markets at this time. Yes, it's going to
68:58 markets at this time. Yes, it's going to be moving. It's going to be creating
69:00 be moving. It's going to be creating little moves up and down like this,
69:01 little moves up and down like this, exactly how I just showed you, but
69:03 exactly how I just showed you, but you're not going to have those big
69:05 you're not going to have those big swings. Why? Because there is no volume.
69:07 swings. Why? Because there is no volume. There's no volume in Sydney session or
69:09 There's no volume in Sydney session or Tokyo session. There is absolutely no
69:12 Tokyo session. There is absolutely no volatility there. Is there a oneoff
69:14 volatility there. Is there a oneoff moment where there could be a a quick
69:17 moment where there could be a a quick pump that happens there? Yes, that can
69:19 pump that happens there? Yes, that can be one in every 20 trading days. But are
69:22 be one in every 20 trading days. But are you going to be in front of the arena
69:25 you going to be in front of the arena knowing that one out of 20 trading days
69:28 knowing that one out of 20 trading days one guy might just get up and sucker
69:30 one guy might just get up and sucker punch the other guy? Probably not,
69:32 punch the other guy? Probably not, right? You don't want to bet your money
69:33 right? You don't want to bet your money on that. The odds of that happening are
69:35 on that. The odds of that happening are unlikely. Just whenever it happens,
69:36 unlikely. Just whenever it happens, you'll watch the video and it pops up
69:38 you'll watch the video and it pops up and then usually they'll go back to
69:40 and then usually they'll go back to fighting in just a couple of hours. Is
69:42 fighting in just a couple of hours. Is there going to be a time where you're
69:43 there going to be a time where you're not looking at the markets in the
69:44 not looking at the markets in the session and it has a moves? Yeah, sure.
69:46 session and it has a moves? Yeah, sure. But that's not that wasn't your time to
69:48 But that's not that wasn't your time to be watching the market anyways. So,
69:50 be watching the market anyways. So, Sydney and Tokyo session are going to be
69:52 Sydney and Tokyo session are going to be the sessions that you are not going to
69:54 the sessions that you are not going to be trading. You're not going to be
69:55 be trading. You're not going to be interested at executing any trades. I
69:58 interested at executing any trades. I use these time frames right here to go
70:00 use these time frames right here to go do stuff with my life. I go and work
70:03 do stuff with my life. I go and work out. I go and try and have a life that's
70:05 out. I go and try and have a life that's not just staring at the charts.
70:07 not just staring at the charts. Beginning of pre-London session and then
70:10 Beginning of pre-London session and then we have all of London session. This is
70:13 we have all of London session. This is when the battle begins. This is where
70:15 when the battle begins. This is where things start getting very, very, very,
70:17 things start getting very, very, very, very rough. Now, I would argue that this
70:20 very rough. Now, I would argue that this chart is a bit inaccurate. I'd say this
70:22 chart is a bit inaccurate. I'd say this could be a little bit darker, maybe a
70:23 could be a little bit darker, maybe a little bit more this way. But this right
70:25 little bit more this way. But this right here begins from 1 in the morning. So,
70:28 here begins from 1 in the morning. So, at 1:00 in the morning, I start doing my
70:30 at 1:00 in the morning, I start doing my pre-London analysis session because
70:32 pre-London analysis session because London session opens right at 3:00 in
70:34 London session opens right at 3:00 in the morning. And pre-London, which is
70:36 the morning. And pre-London, which is 1:00 a.m. to 2:00 a.m., there already
70:38 1:00 a.m. to 2:00 a.m., there already starts to be some volatility and the
70:40 starts to be some volatility and the market starts to move very well. Then
70:42 market starts to move very well. Then you obviously have all of London
70:44 you obviously have all of London session, which lasts from 3:00 in the
70:46 session, which lasts from 3:00 in the morning all the way up to around 12:00
70:49 morning all the way up to around 12:00 p.m. EST. Now, there's something
70:51 p.m. EST. Now, there's something beautiful that happens inside of the
70:53 beautiful that happens inside of the currency market at this point right
70:55 currency market at this point right here, and that is that the New York
70:57 here, and that is that the New York session happens to open up in the same
71:00 session happens to open up in the same time that the London session is ongoing.
71:03 time that the London session is ongoing. So, London session opens up at 8:00 in
71:05 So, London session opens up at 8:00 in the morning, and it overlaps the London
71:07 the morning, and it overlaps the London session, creating this extremely
71:10 session, creating this extremely volatile point in the market. So I like
71:13 volatile point in the market. So I like to enter my trades either pre-London
71:15 to enter my trades either pre-London session or during London session. So
71:18 session or during London session. So then the trade has good volatility. It
71:20 then the trade has good volatility. It starts going in my direction and then
71:22 starts going in my direction and then once New York session kicks in, it just
71:25 once New York session kicks in, it just adds more fuel to the fire which ignites
71:28 adds more fuel to the fire which ignites it even more and gives it more of a
71:30 it even more and gives it more of a movement. And then typically right
71:32 movement. And then typically right around the ending of London session,
71:35 around the ending of London session, halfway through New York session, the
71:37 halfway through New York session, the market starts to slow down again and
71:39 market starts to slow down again and then things start to just not get any
71:41 then things start to just not get any volatility. The market takes a break for
71:43 volatility. The market takes a break for a couple of hours and then the pattern
71:45 a couple of hours and then the pattern repeats itself. This will repeat itself
71:47 repeats itself. This will repeat itself from Monday to Friday every single day.
71:50 from Monday to Friday every single day. Now the key point here that you need to
71:53 Now the key point here that you need to understand is that there is
71:55 understand is that there is realistically only a window that you
71:57 realistically only a window that you need to be involved into the market. You
71:59 need to be involved into the market. You can only get involved in the market from
72:01 can only get involved in the market from 1 in the morning all the way up to
72:04 1 in the morning all the way up to around 10:30 in the morning. And some of
72:07 around 10:30 in the morning. And some of you guys may be asking, "But wait, Alex,
72:09 you guys may be asking, "But wait, Alex, there's still some volatility over here
72:11 there's still some volatility over here where the New York session and the
72:13 where the New York session and the London session overlap." It's like, yes,
72:15 London session overlap." It's like, yes, correct. Yes, there's still going to be
72:17 correct. Yes, there's still going to be some fights going down here. It's still
72:18 some fights going down here. It's still going to be aggressive, but it's it's
72:20 going to be aggressive, but it's it's headed towards the end of that. And you
72:22 headed towards the end of that. And you don't want to enter a trade while it's
72:24 don't want to enter a trade while it's being extremely volatile and then what
72:27 being extremely volatile and then what ends up happening is that it slows down
72:29 ends up happening is that it slows down for the next 10 hours because at let's
72:32 for the next 10 hours because at let's say you enter a trade at around noon,
72:34 say you enter a trade at around noon, right? You're not going to be having any
72:36 right? You're not going to be having any volatility for the next nearly 10 hours.
72:38 volatility for the next nearly 10 hours. 1 2 3 4 we have 10 11 12 11 hours.
72:42 1 2 3 4 we have 10 11 12 11 hours. You're going to have absolutely no
72:43 You're going to have absolutely no volatility in your trade. Does it make
72:45 volatility in your trade. Does it make sense to enter a trade that is not going
72:48 sense to enter a trade that is not going to have any movement for the next 11
72:50 to have any movement for the next 11 hours? Not really. And you're going to
72:52 hours? Not really. And you're going to pay an unnecessary fee once the market
72:54 pay an unnecessary fee once the market closes and then opens up again because
72:56 closes and then opens up again because every single day at 5:00 p.m. EST the
72:58 every single day at 5:00 p.m. EST the market closes, it opens up literally for
72:59 market closes, it opens up literally for like 1 minute. And then what ends up
73:01 like 1 minute. And then what ends up happening is you have to pay a swap, you
73:03 happening is you have to pay a swap, you have to pay commission fees for holding
73:04 have to pay commission fees for holding trades overnight. And it just come not
73:07 trades overnight. And it just come not only does it cost more money to do that,
73:08 only does it cost more money to do that, but then you just have trades that are
73:10 but then you just have trades that are going to be in the same point for the
73:12 going to be in the same point for the next 11 hours. And there's nothing more
73:14 next 11 hours. And there's nothing more that I hate than looking at my money do
73:17 that I hate than looking at my money do nothing, right? I either want my trade
73:18 nothing, right? I either want my trade to hit my stop loss or hit my takeprofit
73:21 to hit my stop loss or hit my takeprofit right away. I don't want to be in the
73:22 right away. I don't want to be in the same exact point of the market just
73:24 same exact point of the market just being still for the next 11 hours. So,
73:26 being still for the next 11 hours. So, you want to enter the trade either right
73:28 you want to enter the trade either right before the session starts to kick in,
73:30 before the session starts to kick in, either right in the middle of London
73:32 either right in the middle of London session, right before the real batter
73:34 session, right before the real batter starts to kick in inside of that battle
73:37 starts to kick in inside of that battle or right before it starts to drop off.
73:39 or right before it starts to drop off. You can enter a trade anywhere 9 10 in
73:41 You can enter a trade anywhere 9 10 in the morning and then you can catch the
73:43 the morning and then you can catch the ending of the overlap of London and New
73:46 ending of the overlap of London and New York session. Anything after 10 in the
73:49 York session. Anything after 10 in the morning I have not taken a trade after
73:51 morning I have not taken a trade after that time. I can't even remember. I
73:53 that time. I can't even remember. I think it's been 4 years since I have
73:55 think it's been 4 years since I have taken a trade past 10:30 in the morning.
73:57 taken a trade past 10:30 in the morning. Now once again is there going to be an
73:59 Now once again is there going to be an example? is going to be a 1 out of 20,
74:01 example? is going to be a 1 out of 20, one out of 30 probability that the trade
74:04 one out of 30 probability that the trade that you would have taken at, let's say,
74:06 that you would have taken at, let's say, 12:00, it actually ends up hitting your
74:08 12:00, it actually ends up hitting your takerit by 8:00 p.m. Sure, of course,
74:12 takerit by 8:00 p.m. Sure, of course, there's always going to be these one-off
74:13 there's always going to be these one-off opportunities. But that is not how you
74:15 opportunities. But that is not how you build a sustainable, profitable
74:18 build a sustainable, profitable strategy. That is a strategy that you
74:21 strategy. That is a strategy that you follow time and time and time and time
74:22 follow time and time and time and time and time again. This is something that
74:24 and time again. This is something that is proven system that it simply just
74:27 is proven system that it simply just works. You get involved before the
74:29 works. You get involved before the session kicks in either right in the the
74:32 session kicks in either right in the the middle of it in the middle of the peak
74:34 middle of it in the middle of the peak over the overlap or right before the
74:37 over the overlap or right before the ending session of that. This has led me
74:40 ending session of that. This has led me to have my biggest trade. I think I my
74:42 to have my biggest trade. I think I my biggest trade is like half a million
74:43 biggest trade is like half a million dollars. This is what led me to be able
74:45 dollars. This is what led me to be able to have that trade. This also led me to
74:47 to have that trade. This also led me to be able to avoid many losses. Because if
74:50 be able to avoid many losses. Because if you are only focused in trading about,
74:52 you are only focused in trading about, let's say, six to seven hours out of the
74:55 let's say, six to seven hours out of the whole entire trading day, you're really
74:57 whole entire trading day, you're really only focused on a very specific time
74:59 only focused on a very specific time right here. And I know this tends to be
75:01 right here. And I know this tends to be an issue because a lot of people tend to
75:02 an issue because a lot of people tend to be at jobs anywhere from or either at
75:05 be at jobs anywhere from or either at jobs or sleeping from 1:00 in the
75:07 jobs or sleeping from 1:00 in the morning to about 10:00 in the morning.
75:09 morning to about 10:00 in the morning. Like this is a crucial time right here.
75:11 Like this is a crucial time right here. But I will tell you this, the sacrifice
75:13 But I will tell you this, the sacrifice is definitely worth it to be involved in
75:15 is definitely worth it to be involved in between these time frames right here.
75:17 between these time frames right here. From 1 in the morning to 10 in the
75:18 From 1 in the morning to 10 in the morning, EST is the most accurate times
75:21 morning, EST is the most accurate times for you to be trading. Anything outside
75:23 for you to be trading. Anything outside of this time frames right here, I could
75:25 of this time frames right here, I could guarantee you, you will not have
75:26 guarantee you, you will not have anywhere near as much volatility. It
75:28 anywhere near as much volatility. It just simply does not happen. The two big
75:30 just simply does not happen. The two big banks are going to be closed and you're
75:32 banks are going to be closed and you're just not going to have enough volume.
75:34 just not going to have enough volume. And this is goes especially to the
75:36 And this is goes especially to the markets that have the US in it. any
75:38 markets that have the US in it. any markets that have the dollar for example
75:40 markets that have the dollar for example let's trade let's say you're trading
75:41 let's trade let's say you're trading euro USD if the euro if the dollar is
75:45 euro USD if the euro if the dollar is asleep and the banks are closed how do
75:47 asleep and the banks are closed how do you expect for that to have any movement
75:49 you expect for that to have any movement in this session over here so this goes
75:52 in this session over here so this goes specifically to those markets like
75:54 specifically to those markets like GBPUSD eurousd anything that bols that
75:57 GBPUSD eurousd anything that bols that involves the USD if the USD market is
75:59 involves the USD if the USD market is asleep or it is not open it's not going
76:02 asleep or it is not open it's not going to have any volatility can you still
76:04 to have any volatility can you still trade USD markets in the London session
76:07 trade USD markets in the London session cuz technically the London session
76:08 cuz technically the London session hasn't opened. Yes, actually it's even
76:10 hasn't opened. Yes, actually it's even better cuz let's say you trade EuroUSD
76:13 better cuz let's say you trade EuroUSD or GBPUSD. You're trading the pound
76:16 or GBPUSD. You're trading the pound right when the market opens over there
76:18 right when the market opens over there and then when New York session opens,
76:20 and then when New York session opens, you get double the volatility with the
76:22 you get double the volatility with the same exact currency pair. That right
76:24 same exact currency pair. That right there is the golden ticket to having the
76:26 there is the golden ticket to having the perfect moves. Now, you obviously need
76:28 perfect moves. Now, you obviously need to align that up with a strategy. You
76:30 to align that up with a strategy. You need to know what you're looking at in
76:31 need to know what you're looking at in the charts. Just because it's 1 in the
76:33 the charts. Just because it's 1 in the morning, you can't just click buy or
76:34 morning, you can't just click buy or click sell and expect to make money. Can
76:36 click sell and expect to make money. Can you get lucky? Sure. But that's not once
76:38 you get lucky? Sure. But that's not once again how you have a sustainable income
76:40 again how you have a sustainable income while you're trading. So to sum things
76:42 while you're trading. So to sum things up, yes, the markets are open 245 and
76:45 up, yes, the markets are open 245 and technically you could go and execute a
76:47 technically you could go and execute a trade at any one at those hours. You can
76:49 trade at any one at those hours. You can literally go and hit the buy or sell
76:51 literally go and hit the buy or sell button at any time you want. But there
76:53 button at any time you want. But there is going to be a high chance that if you
76:55 is going to be a high chance that if you are not in the correct session that you
76:57 are not in the correct session that you one are going to pay unnecessary fees,
76:59 one are going to pay unnecessary fees, and two, you're going to be stuck in a
77:00 and two, you're going to be stuck in a volume that is going to simply have no
77:02 volume that is going to simply have no movement. I want to make sure that I can
77:04 movement. I want to make sure that I can enter a trade when there's going to be a
77:06 enter a trade when there's going to be a lot of movement and the odds of my trade
77:07 lot of movement and the odds of my trade winning are going to be a lot higher.
77:09 winning are going to be a lot higher. So, this right here is the currency
77:11 So, this right here is the currency market trading session. And this works
77:13 market trading session. And this works for every single currency per hour
77:15 for every single currency per hour there. Whether it is AUD, JPY, USD, JPY,
77:19 there. Whether it is AUD, JPY, USD, JPY, Euro AUD, everything is always going to
77:21 Euro AUD, everything is always going to fall inside of this trading session
77:23 fall inside of this trading session right here. That is going to be the
77:25 right here. That is going to be the session that is going to create the best
77:27 session that is going to create the best movements at any given point. And the
77:29 movements at any given point. And the key of it is so you know how to put that
77:31 key of it is so you know how to put that together with a profitable strategy. And
77:33 together with a profitable strategy. And I'm going to be teaching you that in the
77:34 I'm going to be teaching you that in the next couple of hours. All right. So now
77:36 next couple of hours. All right. So now moving on to the next subject. Now that
77:37 moving on to the next subject. Now that you understand that you actually need to
77:39 you understand that you actually need to be trading in a proper session and where
77:41 be trading in a proper session and where you need to be in that fight, you got to
77:42 you need to be in that fight, you got to make sure you're there at the right
77:44 make sure you're there at the right times. But now you're probably asking,
77:45 times. But now you're probably asking, "All right, Alex, I get it. But what do
77:47 "All right, Alex, I get it. But what do I need in order for me to actually go
77:49 I need in order for me to actually go and execute a trade in these markets?
77:51 and execute a trade in these markets? What do I have to actually do so I place
77:53 What do I have to actually do so I place a bet on the fight? I think I got the
77:55 a bet on the fight? I think I got the potential fighter that I think is going
77:57 potential fighter that I think is going to win for the next couple of rounds.
77:58 to win for the next couple of rounds. What is the actual platforms that I can
78:00 What is the actual platforms that I can go and execute that buy position or that
78:02 go and execute that buy position or that sell position? Well, it's actually very
78:04 sell position? Well, it's actually very simple. You realistically just need
78:06 simple. You realistically just need these three platforms right here. So,
78:08 these three platforms right here. So, the first platform that you're going to
78:09 the first platform that you're going to need is going to be Trading View. So,
78:11 need is going to be Trading View. So, Trading View is what we've been on
78:12 Trading View is what we've been on pretty much this whole entire time.
78:14 pretty much this whole entire time. Trading View is where the actual charts
78:16 Trading View is where the actual charts are going to be represented. Trading
78:17 are going to be represented. Trading View is where you're going to analyze
78:19 View is where you're going to analyze the charts and determine if you want to
78:21 the charts and determine if you want to either buy or sell the market. Trading
78:23 either buy or sell the market. Trading View is where you're going to do your
78:24 View is where you're going to do your top down analysis, where you're going to
78:26 top down analysis, where you're going to mark up your charts. This is where you
78:28 mark up your charts. This is where you see all these traders with these fancy
78:30 see all these traders with these fancy lines with you see them with these
78:32 lines with you see them with these boxes. You see them with these wins and
78:34 boxes. You see them with these wins and all of these losses. This is where
78:36 all of these losses. This is where you're going to see traders with
78:37 you're going to see traders with drawings and where they analyze their
78:39 drawings and where they analyze their trades and have notes based off of what
78:41 trades and have notes based off of what type of trade they're executing and
78:43 type of trade they're executing and where it meets their strategy. So once
78:45 where it meets their strategy. So once you've analyzed here on your actual
78:47 you've analyzed here on your actual charts that you want to determine that
78:49 charts that you want to determine that you want to buy or sell a market, you
78:50 you want to buy or sell a market, you then need to go to a broker. So, let's
78:52 then need to go to a broker. So, let's say right here you've been watching the
78:54 say right here you've been watching the fight for the last 5 minutes, 10
78:55 fight for the last 5 minutes, 10 minutes, and you're like, you know what?
78:56 minutes, and you're like, you know what? I see Mike Tyson that he's strong. I see
78:59 I see Mike Tyson that he's strong. I see Floyd May that he's weak or vice versa.
79:01 Floyd May that he's weak or vice versa. And for you to go ahead and place that
79:03 And for you to go ahead and place that bet, you have to literally get up from
79:05 bet, you have to literally get up from the fight and you have to go to the
79:06 the fight and you have to go to the betting station at these fights, you go
79:08 betting station at these fights, you go ahead and place your bet, and then you
79:10 ahead and place your bet, and then you go back down and then you watch the
79:11 go back down and then you watch the fight. This is pretty much the exact
79:13 fight. This is pretty much the exact same thing. So, on Trading View, you're
79:15 same thing. So, on Trading View, you're analyzing your charts. you determine
79:17 analyzing your charts. you determine that you want to bet that the euro is
79:19 that you want to bet that the euro is going to get stronger than the dollar or
79:20 going to get stronger than the dollar or that the dollar is going to get stronger
79:21 that the dollar is going to get stronger than the euro. So, you get out of
79:23 than the euro. So, you get out of trading view and then you are going to
79:25 trading view and then you are going to go to a broker. So, a broker is where
79:27 go to a broker. So, a broker is where you're going to go ahead and give them
79:28 you're going to go ahead and give them the money and then you're going to
79:29 the money and then you're going to execute your trade uh based off of what
79:31 execute your trade uh based off of what you want to do. So, I recommend many
79:33 you want to do. So, I recommend many different brokers. One of the brokers
79:35 different brokers. One of the brokers that I recommend is going to be LQ
79:37 that I recommend is going to be LQ Markets. This broker accepts traders.
79:39 Markets. This broker accepts traders. They have a 1 to500 leverage. You can
79:41 They have a 1 to500 leverage. You can start off with small $10 deposit. They
79:44 start off with small $10 deposit. They have many different types of accounts
79:45 have many different types of accounts that you can go ahead and use with them.
79:46 that you can go ahead and use with them. And another just in case if you don't
79:48 And another just in case if you don't like LQ Markets for whatever reason. I
79:50 like LQ Markets for whatever reason. I also recommend OneX Trade. This is
79:52 also recommend OneX Trade. This is another platform or another broker that
79:54 another platform or another broker that I would recommend. Also, pretty cool
79:55 I would recommend. Also, pretty cool features of them is that they have these
79:57 features of them is that they have these lotsiz calculators. You can
79:58 lotsiz calculators. You can pre-calculate your risk on your
80:00 pre-calculate your risk on your positions here. And I'll explain all of
80:01 positions here. And I'll explain all of that in just a second. But basically,
80:02 that in just a second. But basically, once you were to deposit your funds into
80:04 once you were to deposit your funds into the broker, now can you actually go and
80:06 the broker, now can you actually go and execute the trade on the broker? The
80:08 execute the trade on the broker? The answer is no. You cannot. for you to go
80:10 answer is no. You cannot. for you to go ahead and execute the position. The
80:13 ahead and execute the position. The broker is going to then take that
80:15 broker is going to then take that position into a marketplace. So this
80:17 position into a marketplace. So this right here, what the broker does is like
80:19 right here, what the broker does is like the middleman from the real marketplace.
80:22 the middleman from the real marketplace. So there's a real marketplace slash
80:25 So there's a real marketplace slash liquidity and us as retail traders as we
80:29 liquidity and us as retail traders as we are, even including myself, whether it's
80:31 are, even including myself, whether it's my experience or how good of a trader I
80:33 my experience or how good of a trader I am, I am still a very small fish inside
80:35 am, I am still a very small fish inside of this industry. So, what the broker is
80:37 of this industry. So, what the broker is going to do is the broker is going to
80:40 going to do is the broker is going to take your funds and whenever you place a
80:42 take your funds and whenever you place a position, then they're going to go ahead
80:44 position, then they're going to go ahead and then feed it to the real market
80:46 and then feed it to the real market because then the real market is going to
80:48 because then the real market is going to then feed it back into the broker. So,
80:50 then feed it back into the broker. So, what the broker is, it's like the
80:52 what the broker is, it's like the middleman of the real markets. So,
80:54 middleman of the real markets. So, whatever you're seeing here in the
80:55 whatever you're seeing here in the markets, which is, let's say, 1.17312,
80:59 markets, which is, let's say, 1.17312, they get that offered at a different
81:01 they get that offered at a different price. Let's say they get it offered at
81:02 price. Let's say they get it offered at 1.730.
81:04 1.730. So, what the broker is going to do is
81:05 So, what the broker is going to do is they're going to charge you a spread.
81:06 they're going to charge you a spread. They're going to charge you a fee for
81:08 They're going to charge you a fee for them entering that position into the
81:10 them entering that position into the real market for you. And that's the
81:12 real market for you. And that's the broker game. Some brokers charge you
81:14 broker game. Some brokers charge you higher fees than others. That's why I
81:15 higher fees than others. That's why I have two of them cuz sometimes these
81:17 have two of them cuz sometimes these fees range. Some of them charge fees for
81:19 fees range. Some of them charge fees for holding positions every single day
81:21 holding positions every single day because they are the ones that are going
81:22 because they are the ones that are going to go ahead and actually execute your
81:24 to go ahead and actually execute your trade into the real market. And then
81:26 trade into the real market. And then based off of your results, whenever you
81:28 based off of your results, whenever you decide to close your position, whether
81:30 decide to close your position, whether you win or lose, the market feeds it
81:32 you win or lose, the market feeds it back to the broker. and then the broker
81:34 back to the broker. and then the broker feeds it right back to you. The broker
81:35 feeds it right back to you. The broker is the middleman for you to get access
81:37 is the middleman for you to get access to the real markets. You cannot get
81:39 to the real markets. You cannot get access to the real markets without a
81:42 access to the real markets without a broker unless you're a bank. And I right
81:44 broker unless you're a bank. And I right now have no possibility to be a bank.
81:46 now have no possibility to be a bank. You need tens of millions of dollars for
81:48 You need tens of millions of dollars for that. You need proper licensing. And
81:50 that. You need proper licensing. And truthfully, I rather pay the broker the
81:52 truthfully, I rather pay the broker the couple bucks that it takes for them to
81:54 couple bucks that it takes for them to connect my trade into the market. It
81:56 connect my trade into the market. It makes things far easier. Now, you can't
81:58 makes things far easier. Now, you can't go ahead and execute the trade on the
82:01 go ahead and execute the trade on the broker itself. The broker is like the
82:03 broker itself. The broker is like the bank. So, picture this right here as if
82:05 bank. So, picture this right here as if it were to be Chase Bank or as if it
82:07 it were to be Chase Bank or as if it were to be Wells Fargo. Now, when you go
82:09 were to be Wells Fargo. Now, when you go send money from Chase Bank or whenever
82:11 send money from Chase Bank or whenever you go pay somebody from Chase Bank to
82:13 you go pay somebody from Chase Bank to Wells Fargo, you're not going to be
82:15 Wells Fargo, you're not going to be paying them via Chase Bank. You're going
82:17 paying them via Chase Bank. You're going to be paying them either PayPal or Zel
82:20 to be paying them either PayPal or Zel or Stripe. It's going to be a payment
82:23 or Stripe. It's going to be a payment processor that's going to process your
82:25 processor that's going to process your payment to somebody else. Can you do a
82:26 payment to somebody else. Can you do a wire transfer? Can you do all of these
82:28 wire transfer? Can you do all of these other stuff? Yes. But we're going to use
82:30 other stuff? Yes. But we're going to use the example of using these third-party
82:32 the example of using these third-party merchants that actually send money back
82:34 merchants that actually send money back and forth. So when you go to the broker,
82:36 and forth. So when you go to the broker, the broker accepts your funds and then
82:39 the broker accepts your funds and then when you're going to go ahead and
82:40 when you're going to go ahead and execute a trade, which is going to be
82:42 execute a trade, which is going to be like sending money, you're then going to
82:44 like sending money, you're then going to use a platform called MetaTrader 5. So
82:46 use a platform called MetaTrader 5. So MetaTrader 5 is going to be the platform
82:49 MetaTrader 5 is going to be the platform that you are going to actually execute
82:51 that you are going to actually execute your position on. So you first go to
82:53 your position on. So you first go to Trading View, you determine if you want
82:55 Trading View, you determine if you want to enter a trade or not. You deposit
82:57 to enter a trade or not. You deposit funds into the broker. The broker is
82:59 funds into the broker. The broker is like a bank. You can just have funds in
83:01 like a bank. You can just have funds in there just chilling. And then whenever
83:03 there just chilling. And then whenever you're ready to go ahead and execute the
83:04 you're ready to go ahead and execute the trade, you go to MetaTrader. So once you
83:06 trade, you go to MetaTrader. So once you deposit money into the broker, you
83:08 deposit money into the broker, you pretty much skip the broker every single
83:09 pretty much skip the broker every single time because you just go from the charts
83:12 time because you just go from the charts straight to the platform to go ahead and
83:13 straight to the platform to go ahead and execute the trade. Once you are in
83:15 execute the trade. Once you are in Trading View to execute the trade,
83:16 Trading View to execute the trade, simply click buy or sell. That's pretty
83:19 simply click buy or sell. That's pretty much it. So here, based off of your
83:21 much it. So here, based off of your analysis that you did on Trading View,
83:23 analysis that you did on Trading View, you're going to go ahead and then
83:24 you're going to go ahead and then execute the trade at this point. So,
83:26 execute the trade at this point. So, simplest analogy that I can put is
83:28 simplest analogy that I can put is you're watching the fight. After the
83:29 you're watching the fight. After the fight, you go to the little betting
83:31 fight, you go to the little betting station at the arena. And then from that
83:33 station at the arena. And then from that betting station, they're going to give
83:35 betting station, they're going to give you a little piece of paper. The little
83:36 you a little piece of paper. The little piece of paper is your slip that you've
83:38 piece of paper is your slip that you've just betted on. And this is basically
83:40 just betted on. And this is basically what your slip is going to be. So, this
83:42 what your slip is going to be. So, this is where you're going to be able to see
83:43 is where you're going to be able to see if your trade is in profit, if your
83:45 if your trade is in profit, if your trade is in loss, and whatever directly
83:47 trade is in loss, and whatever directly is reflected off of MetaTrader 5, then
83:50 is reflected off of MetaTrader 5, then it's going to go right back into the
83:51 it's going to go right back into the broker. So, no money is ever inside of
83:53 broker. So, no money is ever inside of MetaTrader 5. MetaTrader 5 is just a
83:55 MetaTrader 5. MetaTrader 5 is just a platform that represents the positions
83:58 platform that represents the positions that you've actually executed on the
84:00 that you've actually executed on the broker. Some brokers offer MetaTrader 5,
84:02 broker. Some brokers offer MetaTrader 5, some brokers don't. Doesn't really
84:03 some brokers don't. Doesn't really matter if they do or if they don't. This
84:05 matter if they do or if they don't. This is just simply one of the actual ways
84:07 is just simply one of the actual ways for you to execute the trades into the
84:09 for you to execute the trades into the market. There is hundreds of difference
84:11 market. There is hundreds of difference of platforms for you to execute trades
84:13 of platforms for you to execute trades in the markets. There's hundreds of
84:14 in the markets. There's hundreds of difference of brokers out there. And all
84:16 difference of brokers out there. And all this platform really does is just the
84:18 this platform really does is just the most commonly known one and the one that
84:20 most commonly known one and the one that I personally use. This is just the main
84:21 I personally use. This is just the main known one for you to be able to go ahead
84:23 known one for you to be able to go ahead and execute those positions on there. So
84:26 and execute those positions on there. So this MetaTrader 5 is never like this is
84:28 this MetaTrader 5 is never like this is not a broker. This is just one of those
84:30 not a broker. This is just one of those payment processors. If you go ahead and
84:32 payment processors. If you go ahead and try and pay somebody with PayPal, you
84:34 try and pay somebody with PayPal, you can go ahead and then use Stripe. If you
84:36 can go ahead and then use Stripe. If you Stripe doesn't work, you'll use Zel. If
84:38 Stripe doesn't work, you'll use Zel. If Zel doesn't use your try something else,
84:40 Zel doesn't use your try something else, right? It's just it's a different
84:41 right? It's just it's a different platform to just execute the trades on.
84:44 platform to just execute the trades on. But the money will always be inside of
84:46 But the money will always be inside of the broker. It's just reflected on this
84:49 the broker. It's just reflected on this platform right here. Basically, win or
84:50 platform right here. Basically, win or lose money then you know goes back into
84:53 lose money then you know goes back into the broker and then there you can decide
84:54 the broker and then there you can decide to withdraw. Take it to your bank, take
84:56 to withdraw. Take it to your bank, take it to an exchange, take it to wherever
84:58 it to an exchange, take it to wherever and then you simply just withdraw your
85:00 and then you simply just withdraw your funds. So these are the only tools you
85:02 funds. So these are the only tools you are going to need for you to actually be
85:04 are going to need for you to actually be able to be ready to take a trade. You
85:06 able to be ready to take a trade. You analyze the markets on Trading View.
85:08 analyze the markets on Trading View. Then you go ahead and have your broker
85:11 Then you go ahead and have your broker of choice. I recommend both of these
85:13 of choice. I recommend both of these brokers. Is there hundreds of other
85:14 brokers. Is there hundreds of other different brokers out there? Yes. I
85:16 different brokers out there? Yes. I personally like these two brokers simply
85:18 personally like these two brokers simply because they offer higher leverages and
85:20 because they offer higher leverages and for the type of account flips that I
85:22 for the type of account flips that I personally do. You know, I've taken very
85:24 personally do. You know, I've taken very small amounts of money to very large
85:25 small amounts of money to very large amounts of money. It's very hard to do
85:27 amounts of money. It's very hard to do that on heavily regulated brokers simply
85:30 that on heavily regulated brokers simply because if something is heavily
85:31 because if something is heavily regulated, they will not allow that high
85:34 regulated, they will not allow that high leverage and I would much rather have my
85:36 leverage and I would much rather have my funds on a broker that lets me have more
85:39 funds on a broker that lets me have more access to my funds and I'm able to
85:41 access to my funds and I'm able to actually leverage it more. So that's
85:43 actually leverage it more. So that's what these two brokers offers. trusted
85:45 what these two brokers offers. trusted brokers in my opinion. I've been using
85:47 brokers in my opinion. I've been using them for a very long time and they're
85:49 them for a very long time and they're not the best ones. I'm sure there's
85:50 not the best ones. I'm sure there's others out there that offer different
85:52 others out there that offer different fee structures, um, different commission
85:54 fee structures, um, different commission structures and I leave you go to go
85:56 structures and I leave you go to go ahead and do your own due diligence on
85:57 ahead and do your own due diligence on it. But these are the both brokers that
85:59 it. But these are the both brokers that I recommend and I have been using for
86:01 I recommend and I have been using for some very long time. And then same thing
86:03 some very long time. And then same thing with MetaTrader 5. Is MetaTrader 5 the
86:05 with MetaTrader 5. Is MetaTrader 5 the end all beall platform where you can go
86:07 end all beall platform where you can go ahead and execute your trades? No.
86:08 ahead and execute your trades? No. There's hundreds of different trading
86:10 There's hundreds of different trading platforms out there that you can go
86:12 platforms out there that you can go ahead and execute your positions on.
86:14 ahead and execute your positions on. Metatrader 5 is just the most commonly
86:16 Metatrader 5 is just the most commonly known one that everybody's probably seen
86:18 known one that everybody's probably seen it. This is like a PayPal. You're going
86:20 it. This is like a PayPal. You're going to send money from one friend to
86:21 to send money from one friend to another. You're going to do it through
86:23 another. You're going to do it through PayPal. And if not, it's a different
86:24 PayPal. And if not, it's a different one. At the end of the day, what matters
86:26 one. At the end of the day, what matters is that the money is sent through. At
86:27 is that the money is sent through. At the end of the day, what matters is that
86:28 the end of the day, what matters is that the trade is actually executed. That's
86:30 the trade is actually executed. That's pretty much it. Now, if you want to
86:31 pretty much it. Now, if you want to withdraw your funds in crypto and then
86:33 withdraw your funds in crypto and then you want to take it from crypto to your
86:35 you want to take it from crypto to your bank account, there's many different
86:36 bank account, there's many different exchanges. You know, you have the
86:37 exchanges. You know, you have the biggest ones which are Coinbase, you
86:39 biggest ones which are Coinbase, you have Binance, you have Kraken. There's
86:41 have Binance, you have Kraken. There's many different exchanges that you can go
86:42 many different exchanges that you can go ahead and send those funds to and then
86:44 ahead and send those funds to and then from there you take it to your bank.
86:45 from there you take it to your bank. Now, how can you deposit into the
86:47 Now, how can you deposit into the brokers? You, you know, these brokers
86:49 brokers? You, you know, these brokers take credit, debit card or they can send
86:51 take credit, debit card or they can send them a BTC, crypto, however you want.
86:53 them a BTC, crypto, however you want. So, it's however you want to deposit the
86:55 So, it's however you want to deposit the funds into the broker. But these are the
86:56 funds into the broker. But these are the only trading platforms you are going to
86:59 only trading platforms you are going to need for you to be able to execute a
87:01 need for you to be able to execute a trade successfully. There is hundreds of
87:03 trade successfully. There is hundreds of different other platforms out there,
87:05 different other platforms out there, right? There's hundreds of different
87:07 right? There's hundreds of different other, you know, web links, hooks that
87:10 other, you know, web links, hooks that you can add, but I guarantee you, you do
87:12 you can add, but I guarantee you, you do not need anything else aside from this
87:15 not need anything else aside from this right here. This is my window of
87:17 right here. This is my window of trading. And these are the only tabs
87:19 trading. And these are the only tabs that I will ever have open. My trading
87:21 that I will ever have open. My trading view, the brokers that I use, my
87:23 view, the brokers that I use, my checklist for my strategy, my community,
87:26 checklist for my strategy, my community, and last but not least, Forex Fac. Forex
87:29 and last but not least, Forex Fac. Forex Factory, as you can tell, is the last
87:30 Factory, as you can tell, is the last one on my list. Not because it is the
87:33 one on my list. Not because it is the least important, but because it is the
87:35 least important, but because it is the one that I potentially use the least.
87:37 one that I potentially use the least. And that is because this right here is a
87:39 And that is because this right here is a fundamentals tab. So Forex Factory is
87:43 fundamentals tab. So Forex Factory is mainly driven by fundamentals. So as you
87:45 mainly driven by fundamentals. So as you can tell here, if we were to click on
87:47 can tell here, if we were to click on the calendar section of Forex Factory,
87:49 the calendar section of Forex Factory, we're going to have all of these
87:50 we're going to have all of these potential impact news that are going to
87:53 potential impact news that are going to pop up. And as you can tell, what we
87:55 pop up. And as you can tell, what we have is if I were to just go back one
87:58 have is if I were to just go back one time, this lets us know the exact date
88:01 time, this lets us know the exact date and time when news are going to come out
88:03 and time when news are going to come out for a specific currency. And the color
88:06 for a specific currency. And the color of this folder is the importance of it.
88:08 of this folder is the importance of it. So something that is a red folder is far
88:10 So something that is a red folder is far more important than something that's an
88:12 more important than something that's an orange folder. And obviously we have
88:14 orange folder. And obviously we have yellow folders and then gray folders,
88:15 yellow folders and then gray folders, but I simply just don't use them because
88:17 but I simply just don't use them because they obviously are very slightly like
88:20 they obviously are very slightly like they don't impact the market at all. So,
88:21 they don't impact the market at all. So, I always like to focus on the red
88:23 I always like to focus on the red folders, but this is the only other
88:25 folders, but this is the only other platform if it causes any possible
88:28 platform if it causes any possible curiosity for you to understand the
88:30 curiosity for you to understand the fundamentals. And I'm going to break
88:31 fundamentals. And I'm going to break down the difference between fundamental
88:33 down the difference between fundamental trading and actual technical trading
88:35 trading and actual technical trading later on into this video. But this is
88:37 later on into this video. But this is the only other platform that is going to
88:39 the only other platform that is going to be needed. Here you can literally see
88:41 be needed. Here you can literally see what the forecast of the fundamentals
88:43 what the forecast of the fundamentals are going to be, what it was previously,
88:45 are going to be, what it was previously, and then what it actually was. And as
88:47 and then what it actually was. And as you can tell, for the majority of the
88:48 you can tell, for the majority of the part, it really is never that much off.
88:51 part, it really is never that much off. And these doesn't really create any big
88:53 And these doesn't really create any big impacts into the market. These are all
88:55 impacts into the market. These are all very minimal. Even the big red folders
88:57 very minimal. Even the big red folders don't really have a big impact on the
88:58 don't really have a big impact on the market. It happens occasionally, but
89:00 market. It happens occasionally, but it's not a way for you to actually
89:02 it's not a way for you to actually create a profitable strategy. So, these
89:04 create a profitable strategy. So, these are the main trading tools, the main
89:05 are the main trading tools, the main trading platforms that you're going to
89:07 trading platforms that you're going to need. The last but not least will be
89:08 need. The last but not least will be forexfactory.com. That is just for you
89:10 forexfactory.com. That is just for you to understand the actual fundamentals of
89:13 to understand the actual fundamentals of the trade. Aside from that, you do not
89:14 the trade. Aside from that, you do not need any other trading platforms. You do
89:17 need any other trading platforms. You do not need any other tools. You don't need
89:19 not need any other tools. You don't need anything else. All you need is just your
89:21 anything else. All you need is just your trading view. You need your broker and
89:23 trading view. You need your broker and then you need the platform for you to
89:24 then you need the platform for you to actually execute the trade. And that is
89:26 actually execute the trade. And that is it. So now taking this a step further,
89:28 it. So now taking this a step further, I'm going to actually show you guys how
89:29 I'm going to actually show you guys how to create an account on a broker and how
89:31 to create an account on a broker and how easy it is to deposit into it. So right
89:33 easy it is to deposit into it. So right now we're watching the fight. Euro USD
89:35 now we're watching the fight. Euro USD is going up and I see that Euro is going
89:37 is going up and I see that Euro is going to get stronger. Let me go ahead and buy
89:39 to get stronger. Let me go ahead and buy the euro. So we're going to put the
89:41 the euro. So we're going to put the example on 1xtrade.com. So go to 1
89:43 example on 1xtrade.com. So go to 1 onxtrade.com. I created a random demo
89:46 onxtrade.com. I created a random demo account. Just used a random email and
89:48 account. Just used a random email and this is the portal inside. So, some
89:50 this is the portal inside. So, some people sometimes get tempted or some
89:52 people sometimes get tempted or some people get skeptical by this, but it's
89:53 people get skeptical by this, but it's very easy process. It's very seamless
89:55 very easy process. It's very seamless process, right? So, right here, as you
89:56 process, right? So, right here, as you can tell, it's a brand new account.
89:58 can tell, it's a brand new account. There's no real transactions. There
89:59 There's no real transactions. There really isn't anything. Dashboards are
90:01 really isn't anything. Dashboards are super simple because everything is
90:02 super simple because everything is straight to the point. All this is right
90:03 straight to the point. All this is right here is like a bank. The money is going
90:05 here is like a bank. The money is going to reflect here how much you deposited,
90:07 to reflect here how much you deposited, how much you've profit, and how much
90:09 how much you've profit, and how much you've withdrawn. Very simple. and where
90:10 you've withdrawn. Very simple. and where you see the actual trades, where you see
90:12 you see the actual trades, where you see the actual P&L, all of that is going to
90:14 the actual P&L, all of that is going to reflect on MetaTrader. So, we're going
90:16 reflect on MetaTrader. So, we're going to go one step at a time. So, right here
90:17 to go one step at a time. So, right here we have 1xtrade.com. This is the
90:19 we have 1xtrade.com. This is the dashboard. And let's say we want to go
90:21 dashboard. And let's say we want to go ahead and deposit some funds. For us to
90:23 ahead and deposit some funds. For us to deposit some funds, we need to go ahead
90:25 deposit some funds, we need to go ahead and create an account. Once we create
90:26 and create an account. Once we create one of these accounts, we can pick from
90:28 one of these accounts, we can pick from either a standard, a commission free, or
90:30 either a standard, a commission free, or an expert account. For this example,
90:32 an expert account. For this example, we'll just go with a standard. The
90:34 we'll just go with a standard. The difference usually tends to be minimal.
90:36 difference usually tends to be minimal. And we're going to go with a 1 to 500
90:38 And we're going to go with a 1 to 500 leverage, right? Very easy, very simple.
90:40 leverage, right? Very easy, very simple. This is the max leverage that they
90:41 This is the max leverage that they offer. I'm going to explain what
90:42 offer. I'm going to explain what leverage is later on into this video.
90:45 leverage is later on into this video. So, I want to go one thing at a time.
90:46 So, I want to go one thing at a time. So, right here, as you can tell, we have
90:48 So, right here, as you can tell, we have created a account. So, now we have 1
90:52 created a account. So, now we have 1 to500 leverage. We have $0 balance and
90:55 to500 leverage. We have $0 balance and we have zero equity into our account.
90:57 we have zero equity into our account. So, for us to go ahead and actually
90:59 So, for us to go ahead and actually deposit it, we click quick deposit up at
91:02 deposit it, we click quick deposit up at this top section over here. Now, we have
91:04 this top section over here. Now, we have the option to deposit in crypto or we
91:06 the option to deposit in crypto or we can go ahead and deposit in credit card.
91:08 can go ahead and deposit in credit card. So, this is a much faster process and it
91:10 So, this is a much faster process and it can be done in the next couple of
91:12 can be done in the next couple of seconds. I'm just going to use crypto
91:14 seconds. I'm just going to use crypto and we're going to go ahead and click on
91:15 and we're going to go ahead and click on this account. Make sure that we have
91:17 this account. Make sure that we have crypto as our option. We don't have a
91:20 crypto as our option. We don't have a promo code, but we are just going to
91:21 promo code, but we are just going to place a basic $100 deposit into this
91:24 place a basic $100 deposit into this broker. Minimum is 10 bucks, but I'll do
91:26 broker. Minimum is 10 bucks, but I'll do a 100 bucks. Promo codes. If this is if
91:29 a 100 bucks. Promo codes. If this is if you have any actual, you know, credits
91:31 you have any actual, you know, credits like, you know, use promo code Alex, for
91:33 like, you know, use promo code Alex, for example, you get an extra 100 bucks. Not
91:35 example, you get an extra 100 bucks. Not saying that's a real thing, but
91:36 saying that's a real thing, but sometimes they offer promos for that
91:38 sometimes they offer promos for that stuff. So, let's say we click deposit
91:40 stuff. So, let's say we click deposit into the trading account. I can deposit
91:42 into the trading account. I can deposit in Bitcoin, Litecoin, Ethereum, Tether,
91:44 in Bitcoin, Litecoin, Ethereum, Tether, or USDC coin. We're going to use USDT
91:48 or USDC coin. We're going to use USDT ERC20 for this example. And this is the
91:51 ERC20 for this example. And this is the actual wallet address. So, I'm going to
91:53 actual wallet address. So, I'm going to head over to my phone and just send a
91:55 head over to my phone and just send a quick 100 bucks just to show you guys
91:56 quick 100 bucks just to show you guys how simple this is. So, right now, I'm
91:58 how simple this is. So, right now, I'm sending the funds from my cold wallet
92:01 sending the funds from my cold wallet into this platform. So, just waiting for
92:03 into this platform. So, just waiting for this to load. Some people don't have a
92:05 this to load. Some people don't have a code wallet. You guys can use credit
92:06 code wallet. You guys can use credit debit. Usually takes a little bit longer
92:08 debit. Usually takes a little bit longer because, you know, the processing has to
92:10 because, you know, the processing has to go through. Crypto tends to be pretty
92:12 go through. Crypto tends to be pretty quick. So, I've already sent it over.
92:14 quick. So, I've already sent it over. Should pretty much reflect into my P&L
92:18 Should pretty much reflect into my P&L here. Pretty simple. Once payment is
92:19 here. Pretty simple. Once payment is confirmed, they will be reflected on
92:21 confirmed, they will be reflected on your account. Cool. So, we can just go
92:23 your account. Cool. So, we can just go back over to our dashboard here and
92:25 back over to our dashboard here and pretty much just give it a couple of
92:26 pretty much just give it a couple of seconds and it should pop up pretty
92:28 seconds and it should pop up pretty quick. And as soon as it pops up, I'm
92:30 quick. And as soon as it pops up, I'm basically going to log in over here to
92:32 basically going to log in over here to my MT5 account on my phone. And then
92:34 my MT5 account on my phone. And then we're going to see how that is going to
92:35 we're going to see how that is going to be reflected then. So let's give it a
92:37 be reflected then. So let's give it a couple seconds until the balance pops
92:39 couple seconds until the balance pops up. All right, so quick update about 7
92:41 up. All right, so quick update about 7 minutes later 100 bucks got here. This
92:43 minutes later 100 bucks got here. This is probably like the part where a lot of
92:45 is probably like the part where a lot of people get sketched out. Sometimes you
92:46 people get sketched out. Sometimes you just have to let the crypto do its
92:48 just have to let the crypto do its thing. It takes time. It's part of the
92:50 thing. It takes time. It's part of the process. Usually it takes, you know, 1
92:52 process. Usually it takes, you know, 1 to two minutes. This time it took 7
92:53 to two minutes. This time it took 7 minutes. I guess it's because it's a
92:55 minutes. I guess it's because it's a near market closure. I don't know what
92:57 near market closure. I don't know what the case is, but the funds are now here.
92:59 the case is, but the funds are now here. Quick 100 bucks. So picture this as if
93:01 Quick 100 bucks. So picture this as if this were to be like the bank, right? So
93:03 this were to be like the bank, right? So the funds are now in the bank. Now in
93:05 the funds are now in the bank. Now in the bank, you can't actually go and send
93:07 the bank, you can't actually go and send any funds out. You have to connect it to
93:09 any funds out. You have to connect it to PayPal, which is going to be MetaTrader.
93:11 PayPal, which is going to be MetaTrader. And then you connect your funds to
93:13 And then you connect your funds to MetaTrader and you can go ahead and
93:14 MetaTrader and you can go ahead and execute your trades and send the trades
93:16 execute your trades and send the trades out to the markets. You want to send
93:18 out to the markets. You want to send these funds out to anybody. Now it goes
93:20 these funds out to anybody. Now it goes from this bank. You connect to PayPal
93:22 from this bank. You connect to PayPal and then you can send it to whoever. So
93:23 and then you can send it to whoever. So we come here, we click on view. You can
93:25 we come here, we click on view. You can tell we have the MetaTrader 5 account.
93:28 tell we have the MetaTrader 5 account. We have a standard account. This is my
93:29 We have a standard account. This is my account number. All I have to do now is
93:31 account number. All I have to do now is go to MetaTrader. And when I go to
93:33 go to MetaTrader. And when I go to MetaTrader, I search up the server. So,
93:36 MetaTrader, I search up the server. So, it's 1x trade server. I click on the
93:39 it's 1x trade server. I click on the server. I then put on the account
93:41 server. I then put on the account number, put my password, and I'm pretty
93:43 number, put my password, and I'm pretty much logged in. As you can tell, this is
93:44 much logged in. As you can tell, this is a brand new account. There's literally
93:46 a brand new account. There's literally no history on it. There's no anything,
93:48 no history on it. There's no anything, right? We can go to transactions. We can
93:50 right? We can go to transactions. We can go to everything. You can tell the 100
93:51 go to everything. You can tell the 100 bucks just got completed literally 7
93:53 bucks just got completed literally 7 minutes ago. And I'm going to log in now
93:56 minutes ago. And I'm going to log in now to Trading View. I mean, I'm going to
93:57 to Trading View. I mean, I'm going to log in now to MetaTrader so you guys can
93:59 log in now to MetaTrader so you guys can go ahead and see how that looks in that
94:01 go ahead and see how that looks in that option right now. So, the money is in
94:02 option right now. So, the money is in the bank. Let's now go to the actual
94:04 the bank. Let's now go to the actual platform where we're going to execute
94:06 platform where we're going to execute the trade on. All right. So, now that we
94:08 the trade on. All right. So, now that we have officially logged into our
94:09 have officially logged into our MetaTrader on the phone, this is what
94:11 MetaTrader on the phone, this is what it's going to look like. So, I'm just
94:13 it's going to look like. So, I'm just going to screen record here on my phone.
94:14 going to screen record here on my phone. They probably put half the screen the
94:16 They probably put half the screen the MetaTrader half the screen myself. So,
94:18 MetaTrader half the screen myself. So, basically over here once we are actually
94:20 basically over here once we are actually inside of MetaTrader. So, we're going to
94:22 inside of MetaTrader. So, we're going to have 1 2 3 4 and then five buttons all
94:25 have 1 2 3 4 and then five buttons all the way over here at the bottom. As you
94:26 the way over here at the bottom. As you can tell, this is the server that we are
94:28 can tell, this is the server that we are in, 1x trade. And you can tell this is
94:31 in, 1x trade. And you can tell this is the exact same account number as you can
94:33 the exact same account number as you can see over here on the actual backend or
94:36 see over here on the actual backend or the dashboard of your account. You can
94:38 the dashboard of your account. You can tell it's 820838.
94:40 tell it's 820838. So once you go to the dashboard area of
94:42 So once you go to the dashboard area of this area and then you create a new
94:44 this area and then you create a new account, it automatically creates a
94:46 account, it automatically creates a brand new MetaTrader account for you.
94:48 brand new MetaTrader account for you. They send you the the login password
94:50 They send you the the login password directly to your email and all you have
94:51 directly to your email and all you have to do is log in. Once you log in, the
94:53 to do is log in. Once you log in, the money gets deposited into here and then
94:54 money gets deposited into here and then it's going to reflect onto here, which
94:57 it's going to reflect onto here, which is going to be the balance area of the
95:00 is going to be the balance area of the MetaTrader 5. So, the middle section is
95:02 MetaTrader 5. So, the middle section is where you can actually see your balance.
95:04 where you can actually see your balance. You can see the equity, the free margin,
95:06 You can see the equity, the free margin, which is where the trades are going to
95:07 which is where the trades are going to be fluctuating up and down. The button
95:09 be fluctuating up and down. The button next to that is going to be the history
95:10 next to that is going to be the history button. Here, you're going to be able to
95:12 button. Here, you're going to be able to see how much money you've deposited into
95:13 see how much money you've deposited into the platform. You can see the pending
95:15 the platform. You can see the pending orders, deals, everything, right? So,
95:17 orders, deals, everything, right? So, this is basically the history of the
95:19 this is basically the history of the account. Obviously, we've only deposited
95:21 account. Obviously, we've only deposited 100 bucks. It's all we're going to see
95:22 100 bucks. It's all we're going to see in this account. Settings option.
95:24 in this account. Settings option. Everything here is pretty
95:24 Everything here is pretty self-explanatory. This is just kind of
95:26 self-explanatory. This is just kind of the settings of the Metatrader 5. You
95:29 the settings of the Metatrader 5. You can never realistically use this unless
95:30 can never realistically use this unless you're going to create a brand new
95:32 you're going to create a brand new account or log into a different one. The
95:34 account or log into a different one. The chart area, this is where you can
95:36 chart area, this is where you can actually see the chart of the price that
95:38 actually see the chart of the price that you are going to be trading or the the
95:40 you are going to be trading or the the market you're going to be trading. For
95:41 market you're going to be trading. For example, let's say we were looking at
95:43 example, let's say we were looking at EuroUSD. We go over here to the quote
95:45 EuroUSD. We go over here to the quote section, which is going to be the last
95:48 section, which is going to be the last button all the way to the left. And
95:50 button all the way to the left. And let's say right now we're trying to
95:51 let's say right now we're trying to trade EuroUSD for example and it's not
95:53 trade EuroUSD for example and it's not reflecting. All we have to do is just
95:55 reflecting. All we have to do is just type it. Search up EuroUSD. Once we
95:58 type it. Search up EuroUSD. Once we click on it, we can just click answer.
96:00 click on it, we can just click answer. So after and it's going to add it all
96:01 So after and it's going to add it all the way at the bottom over here. Now if
96:04 the way at the bottom over here. Now if you want to see the chart of EuroUSD, we
96:06 you want to see the chart of EuroUSD, we just click on it, click on the chart
96:07 just click on it, click on the chart option, and then it'll take us to that
96:09 option, and then it'll take us to that second button once again. And then we're
96:10 second button once again. And then we're going to then be able to see Trading
96:12 going to then be able to see Trading View. So if you notice this trading view
96:14 View. So if you notice this trading view chart right here is the exact same
96:16 chart right here is the exact same trading view chart that we are going to
96:18 trading view chart that we are going to be looking at over here. As you can tell
96:20 be looking at over here. As you can tell price feed is nearly the same right
96:22 price feed is nearly the same right here. The market closed at 1.17312.
96:26 here. The market closed at 1.17312. And right here on the actual 1x trade
96:29 And right here on the actual 1x trade server the price feed is going to be
96:31 server the price feed is going to be 1.7370
96:34 1.7370 and 1.7340.
96:36 and 1.7340. So on trading view we get the real raw
96:39 So on trading view we get the real raw price. Now, here on 1x trade server, we
96:42 price. Now, here on 1x trade server, we get the markedup price. So, this is
96:44 get the markedup price. So, this is where the broker is just charging a bit
96:45 where the broker is just charging a bit of a spread for executing us into the
96:47 of a spread for executing us into the markets. It's part of the game. It's
96:49 markets. It's part of the game. It's inevitable. You have to pay the fees.
96:51 inevitable. You have to pay the fees. Whenever you send money through PayPal,
96:52 Whenever you send money through PayPal, whenever you pay for anything, there's a
96:54 whenever you pay for anything, there's a very small fee involved. It's part of
96:56 very small fee involved. It's part of the game. You want to get access to
96:57 the game. You want to get access to whatever it is that you're purchasing,
96:58 whatever it is that you're purchasing, you have to pay the fee. So, here's
97:00 you have to pay the fee. So, here's where you're going to be able to see all
97:01 where you're going to be able to see all of the markets that you are actually
97:02 of the markets that you are actually executing in the market. So, you can add
97:05 executing in the market. So, you can add as many markets as you want. You can go
97:07 as many markets as you want. You can go ahead and delete as many markets as you
97:10 ahead and delete as many markets as you want. Pretty easy, pretty userfriendly.
97:12 want. Pretty easy, pretty userfriendly. Everything is pretty self-explanatory.
97:14 Everything is pretty self-explanatory. You should realistically only be
97:15 You should realistically only be spending maybe 5% of your time on
97:17 spending maybe 5% of your time on MetaTrader because all that you do on
97:19 MetaTrader because all that you do on MetaTrader is simply just execute the
97:21 MetaTrader is simply just execute the trade. You're not ever actually
97:23 trade. You're not ever actually analyzing the markets in this chart
97:25 analyzing the markets in this chart section as you would be doing on Trading
97:28 section as you would be doing on Trading View, for example. Trading View is where
97:29 View, for example. Trading View is where you actually break down the chart, make
97:32 you actually break down the chart, make the trade make sense, and if you're
97:33 the trade make sense, and if you're interested in entering the trade. Now on
97:36 interested in entering the trade. Now on back to MetaTrader. This is where you
97:38 back to MetaTrader. This is where you actually go ahead and execute the trade.
97:40 actually go ahead and execute the trade. After you execute the trade, there's no
97:42 After you execute the trade, there's no reason why you should just be looking at
97:43 reason why you should just be looking at the money going up and down. What you
97:45 the money going up and down. What you should be doing as a trader is looking
97:47 should be doing as a trader is looking at the charts, seeing if the trade makes
97:49 at the charts, seeing if the trade makes sense, if the market is moving in your
97:50 sense, if the market is moving in your favor. And then obviously whatever the
97:52 favor. And then obviously whatever the charts are doing is going to reflect on
97:54 charts are doing is going to reflect on your profit and loss right here on
97:56 your profit and loss right here on MetaTrader. So over here all the way at
97:57 MetaTrader. So over here all the way at the far left section once again where we
97:59 the far left section once again where we have the quote section we have the
98:01 have the quote section we have the option to go ahead and enter the trade
98:03 option to go ahead and enter the trade which would be the first option once you
98:05 which would be the first option once you click on that market you have the option
98:07 click on that market you have the option to go look at the charts you can look at
98:09 to go look at the charts you can look at the trade details or you could look at
98:11 the trade details or you could look at the statistics I'm going to be
98:13 the statistics I'm going to be completely honest I've never clicked on
98:14 completely honest I've never clicked on this details option I don't know how to
98:17 this details option I don't know how to use any of these options right here
98:19 use any of these options right here these are just some details of the
98:20 these are just some details of the currency pair I don't know what any of
98:22 currency pair I don't know what any of this is I've never used it but it has
98:24 this is I've never used it but it has that feature and then you also have the
98:25 that feature and then you also have the statistics which it shows all of this
98:28 statistics which it shows all of this right here. Once again, I have
98:29 right here. Once again, I have absolutely no idea what any of this
98:31 absolutely no idea what any of this means. I've never used it in my life.
98:33 means. I've never used it in my life. All I know is that I use the one option
98:36 All I know is that I use the one option here, which is to go ahead and enter the
98:38 here, which is to go ahead and enter the trade into this market. Now, this button
98:40 trade into this market. Now, this button to enter the trade into this market is
98:42 to enter the trade into this market is going to have multiple different options
98:44 going to have multiple different options in here, right? So, you can go ahead
98:46 in here, right? So, you can go ahead either tap on that button and hold trade
98:49 either tap on that button and hold trade or you can go ahead and swipe it to the
98:51 or you can go ahead and swipe it to the right and then click plus. And that is
98:53 right and then click plus. And that is also going to give you the option to go
98:54 also going to give you the option to go ahead and execute this trade. So all the
98:57 ahead and execute this trade. So all the way at the top you can tell that we are
98:59 way at the top you can tell that we are trading EuroUSD. If you want to swap it
99:01 trading EuroUSD. If you want to swap it for whichever currency, you can go ahead
99:02 for whichever currency, you can go ahead and swap it for Euro CHF. You can swap
99:05 and swap it for Euro CHF. You can swap it for Euro CAD, but we're going to be
99:07 it for Euro CAD, but we're going to be using EuroUSD. Back here at the Euro
99:10 using EuroUSD. Back here at the Euro USD, the button under the market that
99:12 USD, the button under the market that we're going to be trading, you have the
99:13 we're going to be trading, you have the option to do either a buy limit, a sell
99:16 option to do either a buy limit, a sell limit, a buy stop, a sell stop, a buy
99:19 limit, a buy stop, a sell stop, a buy stop limit, and a sell stop limit. All
99:22 stop limit, and a sell stop limit. All of these are different limit orders that
99:25 of these are different limit orders that you're going to place on the markets.
99:26 you're going to place on the markets. And I'm going to explain to you what
99:27 And I'm going to explain to you what those limit orders when we actually get
99:29 those limit orders when we actually get into the charts. But I personally,
99:32 into the charts. But I personally, myself, I have never used neither one of
99:35 myself, I have never used neither one of these limits. I've never used a buy
99:36 these limits. I've never used a buy limit, a sell limit, a buy stop, a sell
99:38 limit, a sell limit, a buy stop, a sell stop, a buy stop limit, or a sell stop
99:40 stop, a buy stop limit, or a sell stop limit. These are all just orders that
99:42 limit. These are all just orders that you place in the market. So, let's say,
99:44 you place in the market. So, let's say, for example, I want to set a buy limit
99:47 for example, I want to set a buy limit on the market. I want to buy this market
99:49 on the market. I want to buy this market once it gets to X price. I want my stop
99:52 once it gets to X price. I want my stop loss to be at X area, and I want my
99:54 loss to be at X area, and I want my takerit to be at X area. That's
99:56 takerit to be at X area. That's basically what it is. It's like you're
99:58 basically what it is. It's like you're going to set a price into the market and
100:00 going to set a price into the market and whenever the price gets there, it
100:01 whenever the price gets there, it automatically enters that trade for you.
100:03 automatically enters that trade for you. That is a style of trading. I am not
100:05 That is a style of trading. I am not against it. I just personally don't
100:07 against it. I just personally don't believe in it simply because you're
100:08 believe in it simply because you're entering a trade without confirmation.
100:11 entering a trade without confirmation. You need to enter a trade once you
100:12 You need to enter a trade once you actually have a kind like a proper entry
100:14 actually have a kind like a proper entry signal once it meets your actual trading
100:16 signal once it meets your actual trading plan. And I'm going to teach you how to
100:17 plan. And I'm going to teach you how to do that later that that into the video.
100:19 do that later that that into the video. These are multiple different ways on how
100:21 These are multiple different ways on how to actually execute this trade. Now, the
100:24 to actually execute this trade. Now, the simplest one is market execution, which
100:26 simplest one is market execution, which is going to be the one that you're going
100:27 is going to be the one that you're going to use 99.99%
100:30 to use 99.99% of the time, which is you just simply
100:32 of the time, which is you just simply place your stop loss. I mean, excuse me.
100:34 place your stop loss. I mean, excuse me. You simply place your lot size and on
100:36 You simply place your lot size and on this lot size here, you can make it one
100:38 this lot size here, you can make it one lot, you can make it two lots. And a lot
100:40 lot, you can make it two lots. And a lot of people get confused on this whole lot
100:42 of people get confused on this whole lot size position calculating. And it's
100:44 size position calculating. And it's actually very easy. So, this lot size
100:46 actually very easy. So, this lot size here has to be directly predetermined
100:48 here has to be directly predetermined before you enter the trade. So, you know
100:50 before you enter the trade. So, you know exactly how much you're risking. That
100:52 exactly how much you're risking. That goes based off of your stop loss and how
100:54 goes based off of your stop loss and how much you're going to have on your stop
100:55 much you're going to have on your stop loss. So, let's say, for example, you're
100:57 loss. So, let's say, for example, you're interested in entering this trade as a
100:59 interested in entering this trade as a sell, right? Just for an example. Or,
101:01 sell, right? Just for an example. Or, you know what, we'll do a buy. it's a
101:02 you know what, we'll do a buy. it's a lot easier to understand a buy. So, we
101:04 lot easier to understand a buy. So, we have a buy example on this market. Our
101:07 have a buy example on this market. Our stop loss is going to be, let's say, 20
101:10 stop loss is going to be, let's say, 20 pips. I'll explain what pips are and how
101:12 pips. I'll explain what pips are and how all this works in just a second, but
101:13 all this works in just a second, but let's just say it's 20 pips. And our
101:15 let's just say it's 20 pips. And our goal right here is to figure out what
101:18 goal right here is to figure out what our lot size is, right? So, we're going
101:21 our lot size is, right? So, we're going to for now for us to determine our lot
101:23 to for now for us to determine our lot size, we need to first determine how big
101:25 size, we need to first determine how big our stop loss is. So, we're going to go
101:27 our stop loss is. So, we're going to go to 1x trade, LQ Markets, whichever one,
101:30 to 1x trade, LQ Markets, whichever one, they both have this lot size calculator.
101:32 they both have this lot size calculator. You're going to put the balance amounts
101:34 You're going to put the balance amounts that you have on your account. Then, how
101:36 that you have on your account. Then, how much you want to risk of your account.
101:37 much you want to risk of your account. Let's say we want to risk 1%. Right? And
101:41 Let's say we want to risk 1%. Right? And then our stop loss is or say we want to
101:42 then our stop loss is or say we want to risk 10% of our account. And our stop
101:45 risk 10% of our account. And our stop loss is 20 pips and the currency pair
101:48 loss is 20 pips and the currency pair that we're trading is EuroUSD. All we
101:50 that we're trading is EuroUSD. All we have to do is just click calculate lot
101:53 have to do is just click calculate lot size. And this lets us know that we have
101:56 size. And this lets us know that we have to put a 0.05
101:58 to put a 0.05 lot which is risking a total of 10
102:01 lot which is risking a total of 10 bucks. So we know that if we were to go
102:04 bucks. So we know that if we were to go back over here to the actual MetaTrader
102:07 back over here to the actual MetaTrader where we're going to execute the trade,
102:09 where we're going to execute the trade, we have to place a 0.05
102:12 we have to place a 0.05 lot size and then our stop-loss number
102:15 lot size and then our stop-loss number needs to be exactly what it is right
102:17 needs to be exactly what it is right here on the chart. So our stop loss
102:19 here on the chart. So our stop loss number would be 1.17096.
102:29 And then our take profit would be where we set our takeprofit up here. It's
102:31 we set our takeprofit up here. It's going to be 1.17
102:33 going to be 1.17 going be 1.1715.
102:39 So now at this point we are pretty much ready to buy this market. We could go
102:41 ready to buy this market. We could go ahead and then click on that buy button
102:43 ahead and then click on that buy button and we know if we are completely wrong
102:46 and we know if we are completely wrong on this market. Okay, so we know that
102:47 on this market. Okay, so we know that this is our stop loss 1.17096
102:50 this is our stop loss 1.17096 and this is our take-profit 1.17715.
102:54 and this is our take-profit 1.17715. If the market goes straight into our
102:56 If the market goes straight into our stop loss, we are not going to blow our
102:58 stop loss, we are not going to blow our account. We have a stop loss which is
103:00 account. We have a stop loss which is going to minimize our loss which is at
103:03 going to minimize our loss which is at our predetermined risk what we have just
103:05 our predetermined risk what we have just calculated on this lot size calculator.
103:08 calculated on this lot size calculator. So now at this point, the fear of people
103:10 So now at this point, the fear of people thinking that I'm going to lose all of
103:12 thinking that I'm going to lose all of my money when I put money into a broker
103:14 my money when I put money into a broker or whenever I go trade is gone because
103:16 or whenever I go trade is gone because you're only risking $10 from your actual
103:19 you're only risking $10 from your actual trading balance. So this can go to your
103:21 trading balance. So this can go to your stop-loss right away. You've
103:22 stop-loss right away. You've predetermined you're only okay with
103:24 predetermined you're only okay with losing on this position, 10 bucks. So
103:26 losing on this position, 10 bucks. So obviously, if we would want to enter
103:27 obviously, if we would want to enter this trade, we would go ahead and then
103:29 this trade, we would go ahead and then click buy. But obviously, the market is
103:32 click buy. But obviously, the market is closed. The market just closed nearly 30
103:34 closed. The market just closed nearly 30 minutes ago. But as soon as we would
103:35 minutes ago. But as soon as we would enter this trade, it would be reflected
103:37 enter this trade, it would be reflected right here on this actual area. And
103:40 right here on this actual area. And right here, you're going to be able to
103:41 right here, you're going to be able to see your trade fluctuate up and down.
103:43 see your trade fluctuate up and down. And then you can go over here to this
103:44 And then you can go over here to this area and you're going to be able to see
103:45 area and you're going to be able to see your stop loss. You're going to be able
103:46 your stop loss. You're going to be able to see your takerit. You're going to be
103:48 to see your takerit. You're going to be able to see the trade be reflected in
103:50 able to see the trade be reflected in real time. And you're going to notice as
103:52 real time. And you're going to notice as soon as you enter the trade, you're
103:53 soon as you enter the trade, you're going to be an immediate draw down,
103:55 going to be an immediate draw down, right? So you're probably going to be in
103:56 right? So you're probably going to be in a loss, maybe a couple bucks, right?
103:58 a loss, maybe a couple bucks, right? Five bucks, six bucks. And that's
103:59 Five bucks, six bucks. And that's because the broker, as soon as it enters
104:02 because the broker, as soon as it enters you into the market, they don't care if
104:04 you into the market, they don't care if you're going to be in a winning or lose
104:05 you're going to be in a winning or lose or losing position. They're going to
104:06 or losing position. They're going to charge their fee. They don't care if
104:09 charge their fee. They don't care if you're going to be on the right or wrong
104:10 you're going to be on the right or wrong side. They have to get their profit
104:12 side. They have to get their profit first for them to go ahead and execute
104:14 first for them to go ahead and execute your trade into the market. So, they get
104:15 your trade into the market. So, they get your trade, they're going to put into
104:16 your trade, they're going to put into the market, they're going to take a
104:17 the market, they're going to take a small fee from it, and then your trade
104:19 small fee from it, and then your trade happens, whatever happens with it. Win
104:21 happens, whatever happens with it. Win or lose, the broker is always going to
104:22 or lose, the broker is always going to make their money. That's just the name
104:24 make their money. That's just the name and the game of the business and how it
104:26 and the game of the business and how it works. So once again, you have your
104:28 works. So once again, you have your Trading View account, which is your
104:29 Trading View account, which is your where you're going to analyze a trade,
104:30 where you're going to analyze a trade, determine if you're going to buy or sell
104:33 determine if you're going to buy or sell a market. Once you're ready to enter
104:35 a market. Once you're ready to enter this trade, you need to go ahead and
104:36 this trade, you need to go ahead and deposit some funds into the broker. Once
104:38 deposit some funds into the broker. Once you have your funds inside of the
104:40 you have your funds inside of the broker, you need to then actually go to
104:42 broker, you need to then actually go to then MetaTrader, which is then going to
104:44 then MetaTrader, which is then going to be this right here. On MetaTrader,
104:46 be this right here. On MetaTrader, you're then going to go ahead and then
104:47 you're then going to go ahead and then place that buy or sell button. That's
104:49 place that buy or sell button. That's pretty much it. Now, whenever you win
104:52 pretty much it. Now, whenever you win your trades, you come back over here to
104:54 your trades, you come back over here to the dashboard area of 1x trade. And then
104:57 the dashboard area of 1x trade. And then you're going to head and then click
104:59 you're going to head and then click withdraw your funds. Now, you can
105:00 withdraw your funds. Now, you can withdraw your funds to whatever wallet
105:02 withdraw your funds to whatever wallet or however format you choose to withdraw
105:04 or however format you choose to withdraw your funds. And the funds go back from
105:06 your funds. And the funds go back from the broker into your bank account.
105:08 the broker into your bank account. That's it. Very simple, very seamless
105:11 That's it. Very simple, very seamless process. These are the three platforms
105:13 process. These are the three platforms that you're going to need to actually to
105:14 that you're going to need to actually to go ahead and be able to execute a trade
105:16 go ahead and be able to execute a trade into the market and be able to
105:18 into the market and be able to successfully have a profitable strategy.
105:20 successfully have a profitable strategy. So now coming back to the charts, now
105:21 So now coming back to the charts, now that you understand exactly that you
105:23 that you understand exactly that you only need three platforms to actually
105:25 only need three platforms to actually trade into the market. You need the
105:26 trade into the market. You need the trading view, you need the broker which
105:28 trading view, you need the broker which is like the bank and then MetaTrader is
105:30 is like the bank and then MetaTrader is where you actually execute the trades.
105:31 where you actually execute the trades. Let's take a step back to actual trading
105:34 Let's take a step back to actual trading view, right? Trading View is going to be
105:35 view, right? Trading View is going to be once again like where the fight where
105:37 once again like where the fight where everything goes down. So, I'm going to
105:38 everything goes down. So, I'm going to explain to you how trading works, all of
105:40 explain to you how trading works, all of the different options within Trading
105:42 the different options within Trading View. So, right now we are on Trading
105:43 View. So, right now we are on Trading View. As you can tell, we are on
105:45 View. As you can tell, we are on tradingview.com. This is basically where
105:47 tradingview.com. This is basically where you're going to analyze every single one
105:49 you're going to analyze every single one of the markets that you are going to be
105:51 of the markets that you are going to be interested in trading. This is the most
105:52 interested in trading. This is the most common known website for you to analyze
105:55 common known website for you to analyze your markets. I've been using this only
105:57 your markets. I've been using this only website and I've never heard of any
105:58 website and I've never heard of any other trader really using another
106:00 other trader really using another different website, but this is where
106:01 different website, but this is where you're going to be able to actually
106:02 you're going to be able to actually identify if you're interested in buying
106:05 identify if you're interested in buying or selling a market. Right? So for
106:06 or selling a market. Right? So for example, let's say we're going to go
106:08 example, let's say we're going to go trade EuroUSD for example, right? And
106:10 trade EuroUSD for example, right? And we're going to go to a different server
106:11 we're going to go to a different server just for examples purposes. So for this
106:14 just for examples purposes. So for this different server, you can tell here that
106:16 different server, you can tell here that EuroUSD, this is what it looks like,
106:18 EuroUSD, this is what it looks like, right? So this right here on the chart,
106:20 right? So this right here on the chart, as you can tell, is the candlestick
106:22 as you can tell, is the candlestick option. So we're going to take it a step
106:23 option. So we're going to take it a step back. And I know I was going to tell you
106:25 back. And I know I was going to tell you guys how to use the no gap candlesticks.
106:27 guys how to use the no gap candlesticks. So right now, if I were to
106:28 So right now, if I were to hypothetically actually, you know, input
106:31 hypothetically actually, you know, input my actual candlesticks. One second. It
106:34 my actual candlesticks. One second. It should pop up something like this. Let
106:37 should pop up something like this. Let me get them to pop up. We come to
106:40 me get them to pop up. We come to settings. We go to symbol body borders
106:45 settings. We go to symbol body borders and wicks. Okay. So, as you can tell
106:47 and wicks. Okay. So, as you can tell right here on EuroUSD on the weekly time
106:51 right here on EuroUSD on the weekly time frame for example and then on the ICE
106:53 frame for example and then on the ICE server, this has many gaps. So, as you
106:56 server, this has many gaps. So, as you can tell, this market has a gap here,
106:58 can tell, this market has a gap here, has a gap here, has a gap here, gaps
107:01 has a gap here, has a gap here, gaps throughout all here, which make the
107:02 throughout all here, which make the market look weird. We were to look at it
107:04 market look weird. We were to look at it on the daily time frame. You can see
107:05 on the daily time frame. You can see more of these big gaps right here, these
107:07 more of these big gaps right here, these weird fills in the market. Just looks
107:09 weird fills in the market. Just looks very weird, and it personally just
107:11 very weird, and it personally just throws off my trading as a whole. So,
107:13 throws off my trading as a whole. So, what I like to do is I like to use this
107:16 what I like to do is I like to use this indicator named the no gap candlesticks
107:18 indicator named the no gap candlesticks indicator. So, all you have to do is go
107:21 indicator. So, all you have to do is go to this indicator section over here. So,
107:22 to this indicator section over here. So, just pause the video right now or open
107:24 just pause the video right now or open up your Trading View real quick. Log in,
107:26 up your Trading View real quick. Log in, create an account. It's going to be very
107:27 create an account. It's going to be very basic. Once you log in, create your
107:28 basic. Once you log in, create your account. You're going to get the
107:29 account. You're going to get the candlesticks that are going to be popped
107:31 candlesticks that are going to be popped up. And down over here, you're also
107:32 up. And down over here, you're also going to get the volume section, which
107:35 going to get the volume section, which is going to be popped up probably
107:37 is going to be popped up probably something like this. Should be somewhere
107:40 something like this. Should be somewhere over here. You're probably going to get
107:42 over here. You're probably going to get some bars down over here, which are
107:43 some bars down over here, which are going to be like some big blue, no, some
107:45 going to be like some big blue, no, some big green and red bars. And all you
107:47 big green and red bars. And all you really have to do, they're going to be a
107:49 really have to do, they're going to be a bunch of bars like this. All you have to
107:51 bunch of bars like this. All you have to do is just click on those bars. Right
107:53 do is just click on those bars. Right click on it or double click on it. And
107:55 click on it or double click on it. And then just once you click on it, there's
107:58 then just once you click on it, there's going to be a popup and then it's going
107:59 going to be a popup and then it's going to say volumes. Just unmark the volume.
108:02 to say volumes. Just unmark the volume. So you're going to double click on it.
108:03 So you're going to double click on it. It's going to say volumes up over here.
108:06 It's going to say volumes up over here. Just click on it and then it's going to
108:07 Just click on it and then it's going to remove this section down over here. All
108:09 remove this section down over here. All that does really just clutter the chart.
108:12 that does really just clutter the chart. Just creates extra noise. You're never
108:14 Just creates extra noise. You're never going to use that option. It's very
108:15 going to use that option. It's very unnecessary, right? So once you have
108:17 unnecessary, right? So once you have that, you're then going to have your
108:19 that, you're then going to have your candlesticks. most likely with these
108:20 candlesticks. most likely with these gaps. So, the easiest way to get these
108:22 gaps. So, the easiest way to get these gaps removed, it's actually very easy.
108:24 gaps removed, it's actually very easy. All you have to do is come over here,
108:26 All you have to do is come over here, click on the indicator section and then
108:28 click on the indicator section and then search up no gap candles and then you're
108:32 search up no gap candles and then you're going to get this first one. The second
108:34 going to get this first one. The second one works well. I personally use the
108:36 one works well. I personally use the first one. Once you click on it, as you
108:38 first one. Once you click on it, as you can notice immediately, right away, the
108:40 can notice immediately, right away, the markets look different. There's already
108:42 markets look different. There's already a difference inside of the market. But
108:44 a difference inside of the market. But you can't just automatically click on it
108:46 you can't just automatically click on it and expect for it to work, right? What
108:48 and expect for it to work, right? What you have to do is once you click on it,
108:50 you have to do is once you click on it, so let me just remove this one because I
108:52 so let me just remove this one because I don't want to have two of them. Once you
108:54 don't want to have two of them. Once you click on it, what you actually have to
108:55 click on it, what you actually have to do is doubleclick the actual market. And
108:58 do is doubleclick the actual market. And then this right here is going to give
108:59 then this right here is going to give you the current candles. And all you
109:01 you the current candles. And all you have to do is click off the body, the
109:05 have to do is click off the body, the borders, and then the wicks. And if you
109:07 borders, and then the wicks. And if you notice there, you're going to be left
109:09 notice there, you're going to be left with the actual no gap candlesticks
109:12 with the actual no gap candlesticks candles on the ice server. So basically
109:16 candles on the ice server. So basically somebody created an an indicator that
109:18 somebody created an an indicator that fills in the gap for those candlesticks
109:21 fills in the gap for those candlesticks that have gaps, right? This is just a
109:23 that have gaps, right? This is just a very simple indicator and this is not
109:26 very simple indicator and this is not really an indicator. This is more of
109:27 really an indicator. This is more of just an actual tool that's going to help
109:30 just an actual tool that's going to help you have the markets be as clean as
109:32 you have the markets be as clean as mine. So once again, if I were to take a
109:34 mine. So once again, if I were to take a couple steps back, this is without the
109:36 couple steps back, this is without the no gap candlesticks indicator. As you
109:39 no gap candlesticks indicator. As you can see, there's gaps right here. I then
109:40 can see, there's gaps right here. I then turn on the gap candlestick indicator
109:43 turn on the gap candlestick indicator and then it has a fill but it still
109:45 and then it has a fill but it still looks a little off. So all you have to
109:47 looks a little off. So all you have to do is just doubleclick those
109:48 do is just doubleclick those candlesticks. Once you double click
109:50 candlesticks. Once you double click them, you uncheck the body. As you can
109:52 them, you uncheck the body. As you can tell, look at the difference it makes
109:54 tell, look at the difference it makes here in between that body and that wick.
109:55 here in between that body and that wick. So you check off the body, check off the
109:58 So you check off the body, check off the borders, and then you check off the
109:59 borders, and then you check off the wicks. And then you have a real market
110:01 wicks. And then you have a real market movement for how the market should look
110:04 movement for how the market should look without the actual gaps. So this right
110:06 without the actual gaps. So this right here is a little bit of a hack. This I
110:08 here is a little bit of a hack. This I learned pretty late into my journey. And
110:10 learned pretty late into my journey. And uh once I learned it, it did clear a lot
110:12 uh once I learned it, it did clear a lot of things up, right? I just wanted to
110:13 of things up, right? I just wanted to get that to be the first thing that I
110:15 get that to be the first thing that I teach you when it comes to Trading View
110:16 teach you when it comes to Trading View because I know it probably cause a lot
110:18 because I know it probably cause a lot of curiosity, right? We're going to get
110:20 of curiosity, right? We're going to get into the EMA, what setting my EMA is,
110:22 into the EMA, what setting my EMA is, and how to use it in just a second. I
110:24 and how to use it in just a second. I just want to give you an overall
110:25 just want to give you an overall training on how Trading View works. It
110:27 training on how Trading View works. It can be very overwhelming at times.
110:29 can be very overwhelming at times. Depends on how much you look at it, what
110:32 Depends on how much you look at it, what should you look at, what should you not
110:33 should you look at, what should you not look at. So, we're just going to break
110:34 look at. So, we're just going to break down the most important things and the
110:36 down the most important things and the things that matter and don't matter,
110:37 things that matter and don't matter, right? So, we're going to start off
110:38 right? So, we're going to start off right over here at the top left, right?
110:40 right over here at the top left, right? So, over here at the top left, as you
110:42 So, over here at the top left, as you can tell, we have the market. So, this
110:43 can tell, we have the market. So, this is Euro USD. This is the market that we
110:45 is Euro USD. This is the market that we are currently looking at right now. If
110:46 are currently looking at right now. If you want to change the market, all you
110:48 you want to change the market, all you have to do is click on that search bar
110:49 have to do is click on that search bar right there and then you can type in
110:51 right there and then you can type in whatever other market. This is basically
110:53 whatever other market. This is basically for you to search up any market that you
110:55 for you to search up any market that you can possibly imagine of. You can
110:56 can possibly imagine of. You can literally just search it up here and it
110:58 literally just search it up here and it will pop up. Or you can just simply type
111:00 will pop up. Or you can just simply type it on the keyboard and then it will also
111:02 it on the keyboard and then it will also pop up. It's equivalent to the same
111:03 pop up. It's equivalent to the same exact thing. You click the plus sign,
111:05 exact thing. You click the plus sign, it's going to create pretty much the
111:07 it's going to create pretty much the same exact thing. Next to that, you're
111:08 same exact thing. Next to that, you're going to have the time frames, but you
111:10 going to have the time frames, but you might only have one time frame pop up.
111:12 might only have one time frame pop up. Might be the daily, the weekly, or the 4
111:14 Might be the daily, the weekly, or the 4 hour. You click this little arrow down
111:16 hour. You click this little arrow down here, and once you click this popup,
111:18 here, and once you click this popup, you're going to get all of these
111:19 you're going to get all of these different time frames that are going to
111:20 different time frames that are going to pop up. You have the 3 month, 1 month, 1
111:23 pop up. You have the 3 month, 1 month, 1 week, day, 4 hour, 1 hour, 30 minute,
111:25 week, day, 4 hour, 1 hour, 30 minute, all of these different time frames,
111:26 all of these different time frames, right? All the way up to the 1 second,
111:28 right? All the way up to the 1 second, which you're never going to be using. As
111:30 which you're never going to be using. As I've mentioned before, I only use the
111:32 I've mentioned before, I only use the weekly, the daily, the 4 hour, the 2
111:34 weekly, the daily, the 4 hour, the 2 hour, the 1 hour, the 30, and the 15
111:36 hour, the 1 hour, the 30, and the 15 minute. Now, if I were to uncheck these
111:39 minute. Now, if I were to uncheck these stars right here, what ends up
111:40 stars right here, what ends up happening, as you can tell, is it
111:42 happening, as you can tell, is it removes them from this top section over
111:44 removes them from this top section over here. This is basically just a little
111:45 here. This is basically just a little bit of a hack that makes these time
111:47 bit of a hack that makes these time frames just pop up over here and stay
111:49 frames just pop up over here and stay there saved. So, whenever I want to go
111:51 there saved. So, whenever I want to go from one time frame to another, it's a
111:53 from one time frame to another, it's a lot easier and I don't have to go into
111:55 lot easier and I don't have to go into this section over here and add it or
111:58 this section over here and add it or manually look for the time frame. These
111:59 manually look for the time frame. These are all the time frames that I use. I
112:01 are all the time frames that I use. I don't use any other time frames. And
112:03 don't use any other time frames. And whenever I'm going to be going in and
112:05 whenever I'm going to be going in and out of a time frame, this is how I am
112:07 out of a time frame, this is how I am going to be looking for that. The
112:08 going to be looking for that. The section next to that is all the
112:10 section next to that is all the different types of candlesticks that you
112:12 different types of candlesticks that you can potentially use. As we've already
112:14 can potentially use. As we've already broken down, all of these are just
112:16 broken down, all of these are just information overload. You don't need to
112:18 information overload. You don't need to know what any of these candlesticks are.
112:20 know what any of these candlesticks are. The only ones you need to focus on is
112:22 The only ones you need to focus on is the line chart and the candlestick
112:24 the line chart and the candlestick chart. Now, don't worry. In just a
112:26 chart. Now, don't worry. In just a second, I'm going to be teaching you
112:27 second, I'm going to be teaching you guys how to properly use the line chart,
112:29 guys how to properly use the line chart, what it's used for, and all that stuff.
112:31 what it's used for, and all that stuff. Don't worry, one thing at a time. Once
112:32 Don't worry, one thing at a time. Once we get to there, I'm going to break it
112:34 we get to there, I'm going to break it down, and you're going to see how simple
112:35 down, and you're going to see how simple it will be. But this section here is
112:36 it will be. But this section here is just for you to identify the actual type
112:39 just for you to identify the actual type of bars that you want to pick. This is
112:41 of bars that you want to pick. This is the style. Indicators is pretty
112:43 the style. Indicators is pretty self-explanatory. You can pretty much
112:45 self-explanatory. You can pretty much search up any type of indicator that you
112:46 search up any type of indicator that you can possibly imagine. Here, there's
112:48 can possibly imagine. Here, there's going to be endless indicators that
112:50 going to be endless indicators that Trading View offers you. And I think the
112:52 Trading View offers you. And I think the only indicator I have ever searched up
112:54 only indicator I have ever searched up is the EMA. I've never really gone into
112:56 is the EMA. I've never really gone into this indicator section. I know this is a
112:58 this indicator section. I know this is a never- ending journey or world in here.
113:00 never- ending journey or world in here. Inside of the indicators, there's a
113:02 Inside of the indicators, there's a bunch of different types of indicator
113:03 bunch of different types of indicator traders and I don't know anything about
113:05 traders and I don't know anything about it. All I know is that inside of this
113:07 it. All I know is that inside of this indicator section is where I find my EMA
113:10 indicator section is where I find my EMA and my no gap candlesticks. That's it.
113:13 and my no gap candlesticks. That's it. I've never used this area for anything
113:14 I've never used this area for anything else. This is for an indicator tempo.
113:16 else. This is for an indicator tempo. Once again, this is another thing when
113:18 Once again, this is another thing when it comes to the indicator. I have
113:19 it comes to the indicator. I have actually never even gone into here or
113:22 actually never even gone into here or saved anything. not sure what it's used
113:23 saved anything. not sure what it's used for. So, I can't really educate you on
113:25 for. So, I can't really educate you on something that I've never used and I've
113:26 something that I've never used and I've never found any use for it. Next to
113:28 never found any use for it. Next to that, we have the alert section. So,
113:30 that, we have the alert section. So, this is if I want to place an alarm on
113:32 this is if I want to place an alarm on the market. So, right now we are on
113:34 the market. So, right now we are on EuroUSD, for example, and I want to be
113:37 EuroUSD, for example, and I want to be notified once price crosses through a
113:39 notified once price crosses through a certain point. So, right now we are at
113:41 certain point. So, right now we are at 1.17331.
113:44 1.17331. Price right now is at 1.17331.
113:48 Price right now is at 1.17331. So, let's say we want to get notified
113:49 So, let's say we want to get notified once price goes to 1.74
113:56 0 and it lets me know I get a notification on my phone. I get a
113:58 notification on my phone. I get a notification on my computer one time
113:59 notification on my computer one time when it does that or every single time
114:01 when it does that or every single time it does that. So, it can happen more
114:04 it does that. So, it can happen more than one time per minute or it will only
114:06 than one time per minute or it will only be letting me know one time and it won't
114:08 be letting me know one time and it won't be repeated. And I can put an expiration
114:09 be repeated. And I can put an expiration date and I can make this pretty much
114:11 date and I can make this pretty much indefinitely, right? I can click create.
114:14 indefinitely, right? I can click create. Soon as you click create, you can tell
114:16 Soon as you click create, you can tell how the alarm or the alert pops up right
114:18 how the alarm or the alert pops up right here on Trading View. So let's say for
114:20 here on Trading View. So let's say for whatever reason I want to enter this
114:21 whatever reason I want to enter this trade when the market gets here, but I
114:23 trade when the market gets here, but I have to run to the gym. I have some
114:25 have to run to the gym. I have some groceries to do. I have to step out of
114:27 groceries to do. I have to step out of the house. I have to step out of the
114:28 the house. I have to step out of the office. I don't have to be glued and
114:29 office. I don't have to be glued and stuck in front of the computer. This
114:31 stuck in front of the computer. This alarm here will let me know once and if
114:34 alarm here will let me know once and if price ever does that. If I want to move
114:36 price ever does that. If I want to move it up, all I have to really do is just
114:37 it up, all I have to really do is just drag it up and then the alarm gets
114:39 drag it up and then the alarm gets dragged up. If I want to move it down,
114:41 dragged up. If I want to move it down, just grab it and drag it up and down. I
114:43 just grab it and drag it up and down. I can pretty much also squeeze price in
114:45 can pretty much also squeeze price in here. And another way to how you can add
114:47 here. And another way to how you can add an alarm is over here to the right hand
114:49 an alarm is over here to the right hand section. You can just click this plus
114:50 section. You can just click this plus sign and then you can click add alert.
114:53 sign and then you can click add alert. So that's when price gets to this area
114:55 So that's when price gets to this area right here. If I were to click on this
114:57 right here. If I were to click on this as well, I can add an alert when price
114:59 as well, I can add an alert when price gets to the EMA. For example, if I want
115:02 gets to the EMA. For example, if I want to delete it, I just rightclick on the
115:05 to delete it, I just rightclick on the alarm. If I once again click this right
115:07 alarm. If I once again click this right here, I will be notified once it hits
115:09 here, I will be notified once it hits this area. It's pretty much neverending
115:11 this area. It's pretty much neverending different types of ways on how you can
115:13 different types of ways on how you can set up the alert. The only way I ever
115:15 set up the alert. The only way I ever use it is I click this button right
115:17 use it is I click this button right here. I add the alert at that point. And
115:19 here. I add the alert at that point. And once the market gets to the point that I
115:21 once the market gets to the point that I needed to get to, I do whatever I've
115:23 needed to get to, I do whatever I've been interested in entering in the
115:25 been interested in entering in the market. If I want to delete it, hover
115:26 market. If I want to delete it, hover over it, click right here, and click
115:28 over it, click right here, and click delete. It's very clean, very seamless,
115:31 delete. It's very clean, very seamless, and very simple. I get very creative
115:33 and very simple. I get very creative with my alarms. What I tend to do is I
115:35 with my alarms. What I tend to do is I trap price. So, I'll put an alarm up
115:36 trap price. So, I'll put an alarm up here. I'll put an alarm very tight into
115:39 here. I'll put an alarm very tight into this area right here and I'll know when
115:41 this area right here and I'll know when price breaks below or breaks above. And
115:44 price breaks below or breaks above. And sometimes I get even more creative and I
115:46 sometimes I get even more creative and I right click on the alarm or double click
115:49 right click on the alarm or double click on it and I'll place a message or I'll
115:51 on it and I'll place a message or I'll be like your USD is crossing this area,
115:54 be like your USD is crossing this area, enter now, bro. Or you got stopped out.
115:57 enter now, bro. Or you got stopped out. So whenever the alarm hits, all you
115:59 So whenever the alarm hits, all you really have to do is look at your phone
116:01 really have to do is look at your phone and you're going to know what the alarm
116:03 and you're going to know what the alarm is going to be about, right? So, this is
116:05 is going to be about, right? So, this is a little bit of a message that you can
116:06 a little bit of a message that you can leave yourself whenever you place the
116:08 leave yourself whenever you place the alarms at whatever the area is going to
116:10 alarms at whatever the area is going to be. That's pretty much all it comes when
116:12 be. That's pretty much all it comes when it comes to the alarm sections. These
116:13 it comes to the alarm sections. These are all of the notifications and how you
116:15 are all of the notifications and how you can set it up. You can get an email, web
116:18 can set it up. You can get an email, web link, sound, just however you want to
116:20 link, sound, just however you want to set up your alarms. The way this is the
116:22 set up your alarms. The way this is the way I have it set up and it's been
116:23 way I have it set up and it's been working perfectly for me up to this
116:25 working perfectly for me up to this point right now. But you can get as
116:27 point right now. But you can get as creative as you want. This little arrow
116:28 creative as you want. This little arrow is basically the back. So, let's say,
116:30 is basically the back. So, let's say, for example, I had some drawings set up
116:33 for example, I had some drawings set up into the markets and after these
116:35 into the markets and after these drawings, I ended up just accidentally
116:38 drawings, I ended up just accidentally deleting them. All I have to do is just
116:40 deleting them. All I have to do is just click back and it comes right back. If I
116:42 click back and it comes right back. If I want to go to where I was, I just click
116:43 want to go to where I was, I just click forward. Pretty self-explanatory. This
116:45 forward. Pretty self-explanatory. This little bar right here, don't worry,
116:46 little bar right here, don't worry, we're going to get into that just a
116:47 we're going to get into that just a second. Just kind of going along the
116:49 second. Just kind of going along the order of how everything is placed. This
116:51 order of how everything is placed. This right here is basically the area that
116:53 right here is basically the area that reflects the actual price of the market
116:55 reflects the actual price of the market and where the market is. And these are
116:57 and where the market is. And these are the numbers that are reflecting it. You
116:59 the numbers that are reflecting it. You may see me sometimes grab this and it
117:01 may see me sometimes grab this and it basically all it does is that it moves
117:03 basically all it does is that it moves price up, moves price downs. All you
117:05 price up, moves price downs. All you have to do is just left click on it and
117:07 have to do is just left click on it and then squeeze it, hold it up and down and
117:09 then squeeze it, hold it up and down and then you're going to be able to either
117:10 then you're going to be able to either look at the market in a much wider
117:12 look at the market in a much wider format or in a much tighter format.
117:14 format or in a much tighter format. Really depends on how close or how
117:16 Really depends on how close or how zoomed in you're trying to get to the
117:18 zoomed in you're trying to get to the market. Continuing up over here to this
117:20 market. Continuing up over here to this top section, we have the square button
117:23 top section, we have the square button which is a layout setup. So this is
117:26 which is a layout setup. So this is different types of ways how you can look
117:27 different types of ways how you can look at the market. Or if you want to split
117:28 at the market. Or if you want to split it in between two markets like this, you
117:31 it in between two markets like this, you want to split it into neverending
117:33 want to split it into neverending different styles, you can pretty much go
117:35 different styles, you can pretty much go free with that. I personally always just
117:38 free with that. I personally always just have it in the standard one market
117:41 have it in the standard one market layout. This unnamed I don't even know
117:43 layout. This unnamed I don't even know what this is to be honest. Maybe this is
117:45 what this is to be honest. Maybe this is just a settings area that you can do
117:48 just a settings area that you can do something about saving your charts. I
117:50 something about saving your charts. I always have it set up like this. I've
117:52 always have it set up like this. I've actually never even changed this right
117:53 actually never even changed this right here. I have no idea what this is. But
117:55 here. I have no idea what this is. But the button next to that is the quick
117:57 the button next to that is the quick search. I have no idea what this is
117:59 search. I have no idea what this is either. I have never used it. This right
118:01 either. I have never used it. This right here is just the settings on Trading
118:03 here is just the settings on Trading View as a whole. So the settings is once
118:06 View as a whole. So the settings is once again about the candlesticks. Obviously,
118:08 again about the candlesticks. Obviously, I don't have my candlesticks checked
118:09 I don't have my candlesticks checked because I have the no gap candlestick
118:11 because I have the no gap candlestick setting option on the trading view. This
118:14 setting option on the trading view. This is what I have for the status scales.
118:16 is what I have for the status scales. Oh, this is the volume button right
118:17 Oh, this is the volume button right here. So, as you can tell, okay, never
118:19 here. So, as you can tell, okay, never mind. I thought that was going to pop up
118:20 mind. I thought that was going to pop up the volume down over here, but yeah, I
118:23 the volume down over here, but yeah, I guess that's not it. Is it somewhere
118:24 guess that's not it. Is it somewhere here? It's not. But this is how I have
118:26 here? It's not. But this is how I have my settings. I I don't really mess with
118:28 my settings. I I don't really mess with this right here. I've never really have
118:29 this right here. I've never really have I don't really understand how to modify
118:32 I don't really understand how to modify or do anything when it comes to any of
118:34 or do anything when it comes to any of this stuff. This is pretty much how I've
118:35 this stuff. This is pretty much how I've had it for years. It pretty much stays
118:37 had it for years. It pretty much stays the same every single time. And this is
118:40 the same every single time. And this is how I have everything set up. So, I
118:41 how I have everything set up. So, I guess you can pause it, look at yours,
118:43 guess you can pause it, look at yours, and make it look exactly like mine. This
118:45 and make it look exactly like mine. This is what I do to set up my charts every
118:48 is what I do to set up my charts every single day, right? So moving along with
118:50 single day, right? So moving along with that, we have this button right here. So
118:51 that, we have this button right here. So this is basically to make the market
118:53 this is basically to make the market pretty much full screen. So the whole
118:55 pretty much full screen. So the whole entire screen, as you can tell, is just
118:56 entire screen, as you can tell, is just the chart right now. This is a very
118:58 the chart right now. This is a very clean format on how you can look at the
119:00 clean format on how you can look at the chart if you just want to focus on the
119:03 chart if you just want to focus on the actual price and not get distracted by
119:05 actual price and not get distracted by any of the other buttons that you may
119:07 any of the other buttons that you may have. And then you can just click the
119:09 have. And then you can just click the exit button on your keyboard, the ESC
119:13 exit button on your keyboard, the ESC button, and then it returns back to
119:14 button, and then it returns back to where it was. But it's a pretty cool
119:16 where it was. But it's a pretty cool feature in order for you to just see the
119:18 feature in order for you to just see the chart to not get distracted with all of
119:20 chart to not get distracted with all of these different buttons. Little camera
119:21 these different buttons. Little camera button is so you take a screenshot or
119:23 button is so you take a screenshot or take a snapshot. Screenshots basically
119:24 take a snapshot. Screenshots basically this page saves it for you and then you
119:26 this page saves it for you and then you can go ahead and save that to your
119:28 can go ahead and save that to your desktop, to your trading journal,
119:30 desktop, to your trading journal, wherever you want to save it. Moving on,
119:31 wherever you want to save it. Moving on, next to that we have the publish button.
119:33 next to that we have the publish button. I've actually never published anything
119:34 I've actually never published anything inside of Trading View. I guess Trading
119:36 inside of Trading View. I guess Trading View has communities of other traders
119:38 View has communities of other traders that post stuff in there. I have no idea
119:40 that post stuff in there. I have no idea what that is, but I've never really used
119:41 what that is, but I've never really used it. Moving on over here, we have the
119:43 it. Moving on over here, we have the blue list. So you probably have a red
119:46 blue list. So you probably have a red list which is a standard when it creates
119:48 list which is a standard when it creates your first account. But inside of this
119:50 your first account. But inside of this blue list is where I have the markets
119:52 blue list is where I have the markets that I am currently trading. So as you
119:54 that I am currently trading. So as you can tell all of my markets are currently
119:56 can tell all of my markets are currently tagged with a blue tag because this is
119:59 tagged with a blue tag because this is the markets that I trade. I pretty much
120:01 the markets that I trade. I pretty much picked this color blue when I started
120:03 picked this color blue when I started years ago and I've just stayed with this
120:05 years ago and I've just stayed with this blue list and I've stayed very
120:07 blue list and I've stayed very superstitious to this list. These are my
120:09 superstitious to this list. These are my profitable pairs. These are the pairs
120:10 profitable pairs. These are the pairs that I tend to find the best market
120:12 that I tend to find the best market opportunities in. And I don't plan to
120:14 opportunities in. And I don't plan to modify them for anything. Now, you guys
120:16 modify them for anything. Now, you guys probably can't see them because my face
120:17 probably can't see them because my face is in the way, but these are all of the
120:19 is in the way, but these are all of the markets that I personally trade. And I
120:22 markets that I personally trade. And I don't plan to change the color blue. I
120:24 don't plan to change the color blue. I don't plan to change these markets or
120:26 don't plan to change these markets or add any of the markets. This is more
120:27 add any of the markets. This is more than enough markets for me personally.
120:29 than enough markets for me personally. I'm very superstitious with them and I
120:31 I'm very superstitious with them and I like them the way that they are. So, I
120:33 like them the way that they are. So, I know here when it comes to the blue
120:34 know here when it comes to the blue list, you can add stuff here. I've never
120:36 list, you can add stuff here. I've never even clicked on this option, so I don't
120:38 even clicked on this option, so I don't even know what it is. I believe this
120:40 even know what it is. I believe this plus sign is if I want to add a symbol,
120:43 plus sign is if I want to add a symbol, but another way that I can go about
120:45 but another way that I can go about adding a symbol is by simply just
120:47 adding a symbol is by simply just searching it up. Let's say I want to add
120:49 searching it up. Let's say I want to add a UD NZD, for example. All I have to do
120:52 a UD NZD, for example. All I have to do is just click on this little flag button
120:55 is just click on this little flag button over here. And once I click on it, I can
120:57 over here. And once I click on it, I can pick the color that I want to pick. And
120:58 pick the color that I want to pick. And as you can tell, the default color is
121:00 as you can tell, the default color is going to be blue. and then AUD NZD will
121:03 going to be blue. and then AUD NZD will pop up as the last option all the way
121:06 pop up as the last option all the way down over here. Now, I actually don't
121:08 down over here. Now, I actually don't like trading NZDUSD. So, for now, I'm
121:09 like trading NZDUSD. So, for now, I'm just going to click on that flag and
121:11 just going to click on that flag and then it will automatically get removed
121:13 then it will automatically get removed and then I no longer have AUD NZD there.
121:15 and then I no longer have AUD NZD there. This little pie area is advanced view.
121:18 This little pie area is advanced view. I'm actually going to be clicking this
121:20 I'm actually going to be clicking this for the first time ever. Okay. Well, I
121:21 for the first time ever. Okay. Well, I guess this is what it does. And I have
121:23 guess this is what it does. And I have no idea what that does. So, we're not
121:24 no idea what that does. So, we're not going to I can't break something down
121:26 going to I can't break something down that I have no idea. here on the
121:28 that I have no idea. here on the settings option. This pops up the
121:31 settings option. This pops up the volume, the change, and all these
121:33 volume, the change, and all these different stuff over here. Honestly, let
121:34 different stuff over here. Honestly, let me see. What is What is this? Okay,
121:35 me see. What is What is this? Okay, there you go. That that takes away the
121:37 there you go. That that takes away the price. This takes away the the change.
121:39 price. This takes away the the change. And then this takes away the change
121:41 And then this takes away the change percentage. Honestly, I might just leave
121:42 percentage. Honestly, I might just leave it like that. That looks a lot cleaner.
121:44 it like that. That looks a lot cleaner. And when I go like this, I guess. Yeah,
121:46 And when I go like this, I guess. Yeah, actually, I like that a lot better. I
121:48 actually, I like that a lot better. I mean, honestly, it looks kind of cool
121:49 mean, honestly, it looks kind of cool when I had all of these, right? Cuz it
121:50 when I had all of these, right? Cuz it it looks like I looks like I'm on to
121:52 it looks like I looks like I'm on to something. But basically, right there,
121:54 something. But basically, right there, that's just the options that this can
121:56 that's just the options that this can pop up. I don't even know what this
121:58 pop up. I don't even know what this change percentage is. I don't know
122:00 change percentage is. I don't know anything about this. All I know is that
122:01 anything about this. All I know is that this is the price. So, Bitcoin is at
122:03 this is the price. So, Bitcoin is at 115,000. XRP is at this. Ethereum is at
122:06 115,000. XRP is at this. Ethereum is at this. And this is the price of these
122:08 this. And this is the price of these markets. That's pretty much it. That's
122:10 markets. That's pretty much it. That's all I really know when it comes to them.
122:11 all I really know when it comes to them. I don't really know anything else inside
122:13 I don't really know anything else inside of here. This right here is going to be
122:14 of here. This right here is going to be the the watch list and the details. So,
122:16 the the watch list and the details. So, if we were to click that and thenclick
122:18 if we were to click that and thenclick that, it just hides them and removes
122:20 that, it just hides them and removes them so we can have a little bit more of
122:22 them so we can have a little bit more of some space. Or you can just simply drag
122:24 some space. Or you can just simply drag it left or drag it all the way to the
122:26 it left or drag it all the way to the right so you don't have to see them. I
122:27 right so you don't have to see them. I always like having it pretty much like
122:29 always like having it pretty much like this where I just see the first base
122:31 this where I just see the first base currency. I don't really need to see the
122:33 currency. I don't really need to see the quote. I know the order of my pairs and
122:34 quote. I know the order of my pairs and I'm very well in connection with them.
122:36 I'm very well in connection with them. The button under that is going to be the
122:38 The button under that is going to be the alert. So this is every single time your
122:40 alert. So this is every single time your alarm gets hit. This is pretty much like
122:42 alarm gets hit. This is pretty much like the the history of all of the alarms
122:44 the the history of all of the alarms that you can have. Get tells you all the
122:46 that you can have. Get tells you all the details about it. I mean I've had I
122:48 details about it. I mean I've had I don't know. I'm curious on how many
122:49 don't know. I'm curious on how many alarms I've had. But I've had hundreds
122:51 alarms I've had. But I've had hundreds of different alarms that have been
122:53 of different alarms that have been triggered. And yeah, this is like the
122:55 triggered. And yeah, this is like the history of all the alarms that I've
122:57 history of all the alarms that I've used. Let me see when I place my first
122:59 used. Let me see when I place my first alarm. It's pretty interesting. I placed
123:01 alarm. It's pretty interesting. I placed my first alarm 2020. Is that is that
123:04 my first alarm 2020. Is that is that what it is? December 20th. Is that is
123:07 what it is? December 20th. Is that is that the day? Yeah, December 4. So, I
123:09 that the day? Yeah, December 4. So, I guess the first one is down here. Oh,
123:11 guess the first one is down here. Oh, you guys can't see it, but right here
123:12 you guys can't see it, but right here you can see December 13th, 2020.
123:16 you can see December 13th, 2020. It's when I placed my first alarm. And
123:18 It's when I placed my first alarm. And right now it is September 13, 2025.
123:22 right now it is September 13, 2025. Dude, I've been doing this [ __ ] a long
123:23 Dude, I've been doing this [ __ ] a long time. Five years I've been just
123:26 time. Five years I've been just following these alarm. I didn't find out
123:27 following these alarm. I didn't find out about these alarms until like a year and
123:29 about these alarms until like a year and a half into my journey cuz I was just
123:31 a half into my journey cuz I was just trying to predict this [ __ ] if it was
123:32 trying to predict this [ __ ] if it was going to go up or down, honestly. So, as
123:34 going to go up or down, honestly. So, as soon as I figured the alarms is when I
123:35 soon as I figured the alarms is when I realized I didn't have to be in front of
123:37 realized I didn't have to be in front of the markets all day. This area over here
123:39 the markets all day. This area over here is the object tree and data window. I
123:43 is the object tree and data window. I have no idea what this is. I guess this
123:45 have no idea what this is. I guess this says all the different objects I have
123:47 says all the different objects I have inside of the actual chart, but I don't
123:50 inside of the actual chart, but I don't use this. And then this is more of like
123:52 use this. And then this is more of like a community section. I have never
123:54 a community section. I have never engaged with anybody in that community,
123:56 engaged with anybody in that community, and I do not plan to either. Down over
123:58 and I do not plan to either. Down over here, I don't know what this is. I don't
124:00 here, I don't know what this is. I don't know what this is. I don't know what
124:01 know what this is. I don't know what this is. I don't know what this is. Or
124:03 this is. I don't know what this is. Or this, or this. Oh, you guys can't even
124:05 this, or this. Oh, you guys can't even see it. So, it's even better. All the
124:08 see it. So, it's even better. All the three options that are going to be at
124:10 three options that are going to be at the bottom right corner. Actually, let
124:12 the bottom right corner. Actually, let me see if I can move myself. Oh, I hope
124:14 me see if I can move myself. Oh, I hope I didn't mess this up. Yeah, let's just
124:15 I didn't mess this up. Yeah, let's just leave it like that. Okay, there you go.
124:17 leave it like that. Okay, there you go. I hope you guys are seeing that right
124:18 I hope you guys are seeing that right there. So, these little icons over here,
124:21 there. So, these little icons over here, this one right here, this one right
124:22 this one right here, this one right here, this one right here, and this one,
124:24 here, this one right here, and this one, this one, this one. I don't know what
124:25 this one, this one. I don't know what any of these icons are used for, to be
124:28 any of these icons are used for, to be completely honest. I have never used
124:30 completely honest. I have never used them myself. Let me actually just move
124:32 them myself. Let me actually just move myself to the middle for now. But yeah,
124:35 myself to the middle for now. But yeah, I I don't use any of these options right
124:38 I I don't use any of these options right here. I have never used them. All I use
124:40 here. I have never used them. All I use sometimes is this right here just to
124:42 sometimes is this right here just to block out some of the markets that I'm
124:43 block out some of the markets that I'm not going to be trading for the week. So
124:45 not going to be trading for the week. So let's say I break down my 10 different
124:47 let's say I break down my 10 different markets for the week and I'm only
124:49 markets for the week and I'm only interested in trading these for example.
124:51 interested in trading these for example. I'll just use this right here as a form
124:53 I'll just use this right here as a form to just block out all the other markets
124:55 to just block out all the other markets just so I don't get distracted. But this
124:56 just so I don't get distracted. But this tab here as well, I don't use any of the
124:59 tab here as well, I don't use any of the information in here at all. This is
125:01 information in here at all. This is [ __ ] Letting you know that this
125:02 [ __ ] Letting you know that this more of a buying market than a selling
125:04 more of a buying market than a selling market. This uh seasonal is [ __ ]
125:07 market. This uh seasonal is [ __ ] This performance is [ __ ] This is
125:09 This performance is [ __ ] This is all just an information overload that
125:11 all just an information overload that you don't need to use it at all. The
125:13 you don't need to use it at all. The only thing that I personally recommend
125:15 only thing that I personally recommend to be using here is this note section.
125:17 to be using here is this note section. So in here you can actually write a note
125:19 So in here you can actually write a note to yourself. So hey I'm waiting for a
125:23 to yourself. So hey I'm waiting for a shift to structure or hey I'm waiting
125:24 shift to structure or hey I'm waiting for my entry signal. And then all you
125:29 for my entry signal. And then all you would simply do is just add that and
125:31 would simply do is just add that and it's going to be a note that will be
125:32 it's going to be a note that will be saved inside of your Euro USD section.
125:35 saved inside of your Euro USD section. For example, on my AUDCHF example, this
125:39 For example, on my AUDCHF example, this is a note that I wrote to myself in
125:41 is a note that I wrote to myself in 2022. So, about to be a little over
125:44 2022. So, about to be a little over three years ago, I wrote this note to
125:46 three years ago, I wrote this note to myself. Um, these are the confluences
125:48 myself. Um, these are the confluences that I had to sell, for example. And
125:49 that I had to sell, for example. And these are just notes that I can just
125:51 these are just notes that I can just write to myself in here. But yeah, this
125:53 write to myself in here. But yeah, this in here, I don't use this at all. I
125:55 in here, I don't use this at all. I don't use this right here at all. This
125:56 don't use this right here at all. This is just a bunch of information overload
125:59 is just a bunch of information overload that you don't need to have. Once again,
126:01 that you don't need to have. Once again, I just have it here because I think it
126:02 I just have it here because I think it looks cool and I personally like it. you
126:04 looks cool and I personally like it. you know, whenever I post videos on
126:06 know, whenever I post videos on Instagram or here on YouTube. Looks like
126:07 Instagram or here on YouTube. Looks like I'm a more of an expert than what I
126:09 I'm a more of an expert than what I really am, but this really does
126:10 really am, but this really does absolutely nothing, right? So, now that
126:13 absolutely nothing, right? So, now that we understand that, I'm going to move
126:14 we understand that, I'm going to move myself back to that right hand corner.
126:17 myself back to that right hand corner. There we go. So, coming back over here
126:20 There we go. So, coming back over here down to this section of the trading
126:22 down to this section of the trading view. I don't know what this little
126:24 view. I don't know what this little option over here is. I guess this is the
126:26 option over here is. I guess this is the time zone that I'm in. Whatever time
126:27 time zone that I'm in. Whatever time zone the market was like, whatever
126:30 zone the market was like, whatever trading view was created on, this is
126:31 trading view was created on, this is what it is. This is the time zone that I
126:33 what it is. This is the time zone that I have. I've never really modified this.
126:34 have. I've never really modified this. This down here is going to be the actual
126:36 This down here is going to be the actual calendar of the chart. So you can tell
126:38 calendar of the chart. So you can tell this is September 3rd, 5th, 9. So these
126:41 this is September 3rd, 5th, 9. So these are more of the days and the further you
126:43 are more of the days and the further you go back, you can just see the months
126:45 go back, you can just see the months continue to go back. Even the years, we
126:48 continue to go back. Even the years, we have 2025. We go even further back, we
126:50 have 2025. We go even further back, we have 2024, 2023, pretty much so on and
126:54 have 2024, 2023, pretty much so on and so forth. So down here is the dates of
126:56 so forth. So down here is the dates of the markets. And once again, you've
126:58 the markets. And once again, you've probably seen me grab this just to use
127:00 probably seen me grab this just to use the markets left and right. Hold on to
127:02 the markets left and right. Hold on to the screen and move it up or move it
127:03 the screen and move it up or move it down. You can also move it to the left.
127:05 down. You can also move it to the left. You can also move it to the right. Just
127:06 You can also move it to the right. Just a different way of you adjusting the
127:08 a different way of you adjusting the charts. This area right here does pretty
127:09 charts. This area right here does pretty much the same thing. You right click on
127:11 much the same thing. You right click on it, you move it to that area, you click
127:13 it, you move it to that area, you click this area, you move left. This, you
127:15 this area, you move left. This, you click this right here, you move right.
127:18 click this right here, you move right. Or you click on the reset the chart, and
127:20 Or you click on the reset the chart, and it just resets it back to how it should
127:22 it just resets it back to how it should originally have been. Moving on down
127:24 originally have been. Moving on down here, you have this area over here,
127:26 here, you have this area over here, which is going to be the one day, 5day,
127:29 which is going to be the one day, 5day, 1 month, 3 month, six month. I don't
127:30 1 month, 3 month, six month. I don't really know what this is. I'm sure if I
127:32 really know what this is. I'm sure if I click on it, it's probably going to take
127:33 click on it, it's probably going to take me to something like that. I don't know.
127:36 me to something like that. I don't know. I've never clicked on it. I've never
127:37 I've never clicked on it. I've never clicked on this button either. I have I
127:39 clicked on this button either. I have I did I did do this once one time by
127:41 did I did do this once one time by accident and I brought this up. I'm
127:43 accident and I brought this up. I'm like, whoa, what the hell is this? And I
127:45 like, whoa, what the hell is this? And I guess this is just a different way for
127:47 guess this is just a different way for you to pretty much just set up, I guess,
127:50 you to pretty much just set up, I guess, your bar replay. And I just realized
127:52 your bar replay. And I just realized that I did skip a button which is going
127:53 that I did skip a button which is going to be the bar replay. So the bar replay
127:55 to be the bar replay. So the bar replay is actually something that you use to
127:57 is actually something that you use to back test. So I just clicked on that
127:59 back test. So I just clicked on that button and let's say I want to back
128:00 button and let's say I want to back test. I can just start back testing.
128:02 test. I can just start back testing. Let's say from this point right here. I
128:04 Let's say from this point right here. I right click it and then all I would have
128:06 right click it and then all I would have to do is just start. I click the play
128:08 to do is just start. I click the play button and then it's like if I were to
128:10 button and then it's like if I were to be back back testing. I can pause it. I
128:12 be back back testing. I can pause it. I can speed up the time of the
128:14 can speed up the time of the candlesticks. I can change from a
128:16 candlesticks. I can change from a certain time frame to another. This is
128:17 certain time frame to another. This is basically the back testing tool that
128:20 basically the back testing tool that Trading View has to offer. It's a very
128:22 Trading View has to offer. It's a very cool feature and personally I don't
128:24 cool feature and personally I don't recommend back testing. I actually hate
128:26 recommend back testing. I actually hate back testing. I think it's one of the
128:28 back testing. I think it's one of the biggest mistakes that traders do when it
128:30 biggest mistakes that traders do when it comes to back testing because it creates
128:31 comes to back testing because it creates a false expectation of what trading is
128:34 a false expectation of what trading is really going to be like. I have my
128:36 really going to be like. I have my personal opinions on it and you know
128:38 personal opinions on it and you know once my students join the community I
128:39 once my students join the community I explained to them that live testing is
128:41 explained to them that live testing is the best thing that you can possibly do
128:42 the best thing that you can possibly do because when you go back test you pretty
128:44 because when you go back test you pretty much just saw what ended up happening
128:46 much just saw what ended up happening here, right? Even whether whether you
128:48 here, right? Even whether whether you try and forget the or whether you get a
128:50 try and forget the or whether you get a friend to come pick the market and
128:52 friend to come pick the market and select the bar replay button, this still
128:54 select the bar replay button, this still is not the same because right now we're
128:55 is not the same because right now we're on the four 4 hour time frame and this
128:58 on the four 4 hour time frame and this market just had all of this move right
129:00 market just had all of this move right here and that just happened in literally
129:01 here and that just happened in literally 2 seconds and in real life this took
129:04 2 seconds and in real life this took nearly 36 hours to happen. So there's a
129:06 nearly 36 hours to happen. So there's a big patience factor that back testing
129:09 big patience factor that back testing does not take into account and I feel
129:11 does not take into account and I feel like it gives a false perception of what
129:14 like it gives a false perception of what trading really is like. That's why I'm
129:16 trading really is like. That's why I'm personally very against back testing.
129:18 personally very against back testing. And I'll give you guys, you know, more
129:19 And I'll give you guys, you know, more details on my thoughts on that later as
129:21 details on my thoughts on that later as we go through the actual strategy part
129:23 we go through the actual strategy part and how you should actually be trading
129:24 and how you should actually be trading and what you should be looking for and
129:26 and what you should be looking for and what you shouldn't be not. But yeah, I
129:28 what you shouldn't be not. But yeah, I just realized that I overwent that bar
129:30 just realized that I overwent that bar replay button. But continuing down here,
129:31 replay button. But continuing down here, yeah, I've never really used this area
129:33 yeah, I've never really used this area down here. I think about a year ago I
129:35 down here. I think about a year ago I accidentally moved this up and then I
129:37 accidentally moved this up and then I realized something down here even
129:38 realized something down here even existed. I don't know what this open
129:40 existed. I don't know what this open panel or maximize panel even is. Moving
129:43 panel or maximize panel even is. Moving down over here to the left hand side,
129:45 down over here to the left hand side, you're going to have this little star.
129:47 you're going to have this little star. So this little star is actually this
129:50 So this little star is actually this toolkit right here. So this toolkit, if
129:52 toolkit right here. So this toolkit, if I were to click the star, it pops up. If
129:54 I were to click the star, it pops up. If I don't click it, it won't pop up. Once
129:56 I don't click it, it won't pop up. Once I have my toolkit pop up, these are all
129:58 I have my toolkit pop up, these are all of the tools that I actually use to
130:00 of the tools that I actually use to analyze the market that I use to
130:03 analyze the market that I use to determine whether this is a good trade
130:04 determine whether this is a good trade to buy or whether this is a good trade
130:06 to buy or whether this is a good trade to sell. Now, these are all of the tools
130:08 to sell. Now, these are all of the tools that I personally use. These are all of
130:11 that I personally use. These are all of the tools that Trading View has to
130:13 the tools that Trading View has to offer. If you were to rightclick on the
130:15 offer. If you were to rightclick on the trend line and tools, you're going to
130:17 trend line and tools, you're going to get many different formats of trend
130:19 get many different formats of trend lines and many different ways that you
130:21 lines and many different ways that you can identify the market. You can get
130:22 can identify the market. You can get this type of tool. You can get this
130:25 this type of tool. You can get this different type of trend line here. For
130:27 different type of trend line here. For example, you can get a trend diagonal. I
130:29 example, you can get a trend diagonal. I have never used this in my life and I
130:32 have never used this in my life and I have no idea what they are used for. I
130:35 have no idea what they are used for. I only use inside of this line section. I
130:38 only use inside of this line section. I use the trend line, the horizontal line,
130:40 use the trend line, the horizontal line, and the horizontal ray. For you to get
130:42 and the horizontal ray. For you to get access to it, all you have to do is just
130:44 access to it, all you have to do is just put the star. Click the star. Click the
130:46 put the star. Click the star. Click the star. And you're going to notice that
130:47 star. And you're going to notice that it's going to automatically pop up on
130:49 it's going to automatically pop up on your own custom toolkit bar. All of
130:52 your own custom toolkit bar. All of these other different types of trend
130:54 these other different types of trend lines. I don't know what this is. Like
130:56 lines. I don't know what this is. Like the [ __ ] is this? This is a pitchfork.
130:58 the [ __ ] is this? This is a pitchfork. Like how? Like it's literally named
131:00 Like how? Like it's literally named pitchfork. Then this is a shift
131:02 pitchfork. Then this is a shift pitchfork. Like what the [ __ ] is I don't
131:04 pitchfork. Like what the [ __ ] is I don't know. This in my opinion is just too
131:06 know. This in my opinion is just too much information. And believe me, when I
131:09 much information. And believe me, when I was learning how to trade, I was here
131:11 was learning how to trade, I was here breaking my head, literally trying to
131:14 breaking my head, literally trying to figure out, first of all, what is a
131:16 figure out, first of all, what is a pitchfork? Like, what is an inside
131:18 pitchfork? Like, what is an inside pitchfork? Like, what the [ __ ] Like,
131:20 pitchfork? Like, what the [ __ ] Like, looking at this now after I've been
131:21 looking at this now after I've been trading for such a long time, just makes
131:23 trading for such a long time, just makes me feel extremely happy that I actually
131:25 me feel extremely happy that I actually was able to become a profitable trader
131:27 was able to become a profitable trader with this amount of information overload
131:30 with this amount of information overload that, you know, these different
131:31 that, you know, these different platforms have to offer. You know, they
131:32 platforms have to offer. You know, they they don't do it in a malicious way.
131:34 they don't do it in a malicious way. They just do it because, you know, their
131:35 They just do it because, you know, their their business is to offer all of these
131:37 their business is to offer all of these different types of tools just so anybody
131:39 different types of tools just so anybody and anybody can use it. But what nobody
131:41 and anybody can use it. But what nobody teaches you is that you don't need to
131:42 teaches you is that you don't need to know or learn every single thing inside
131:45 know or learn every single thing inside of this platform for you to determine if
131:47 of this platform for you to determine if a trade makes sense to buy or sell. You
131:49 a trade makes sense to buy or sell. You really don't. But all of these tools
131:50 really don't. But all of these tools that I have here, the trend line, the
131:52 that I have here, the trend line, the horizontal ray, and the horizontal line
131:55 horizontal ray, and the horizontal line are the only lines that you're going to
131:56 are the only lines that you're going to be needing inside of this section.
131:58 be needing inside of this section. Moving on to the section below, you have
131:59 Moving on to the section below, you have the Fibonacci. So once again, there is a
132:02 the Fibonacci. So once again, there is a quantillion different amounts of
132:04 quantillion different amounts of Fibonacci tools and different formats
132:06 Fibonacci tools and different formats that you can use. I don't use any diff I
132:09 that you can use. I don't use any diff I don't use any type of Fibonacci. I don't
132:12 don't use any type of Fibonacci. I don't use any type of can or what I don't even
132:15 use any type of can or what I don't even know like I think this is the biggest I
132:18 know like I think this is the biggest I don't even want to say anything but I
132:20 don't even want to say anything but I don't know. I just I'm telling you, I
132:22 don't know. I just I'm telling you, I just looked back and I really tried to
132:23 just looked back and I really tried to figure out how to make something work
132:25 figure out how to make something work with this right here. And you guys don't
132:27 with this right here. And you guys don't understand how much time I wasted by
132:30 understand how much time I wasted by doing this. This really this really
132:32 doing this. This really this really messed me up, guys. I I I mean this in
132:35 messed me up, guys. I I I mean this in the most humbling way. Like this really
132:37 the most humbling way. Like this really made me lose a lot of time. So, you
132:38 made me lose a lot of time. So, you won't need to be learning any of the
132:40 won't need to be learning any of the stuff here. They can pretty much nuke
132:42 stuff here. They can pretty much nuke this whole entire tab right here of the
132:44 this whole entire tab right here of the Fibonacci and that will change
132:45 Fibonacci and that will change absolutely nothing in my trading. Next,
132:47 absolutely nothing in my trading. Next, we have the pattern section. In this
132:49 we have the pattern section. In this pattern section, you have the all of
132:51 pattern section, you have the all of these different types of patterns. The
132:53 these different types of patterns. The holy pattern. Let me see what this one
132:54 holy pattern. Let me see what this one looks like. What is this? The cloud.
132:56 looks like. What is this? The cloud. Like how does this even make out I don't
132:58 Like how does this even make out I don't like what what does this do? I don't I
133:00 like what what does this do? I don't I don't know. Oh my god. What is this? The
133:02 don't know. Oh my god. What is this? The Sline. Y
133:06 Sline. Y this looks like a heartbeat. This is
133:07 this looks like a heartbeat. This is like Bro, this was my heartbeat trying
133:09 like Bro, this was my heartbeat trying to learn this whole trading [ __ ] Trying
133:11 to learn this whole trading [ __ ] Trying to figure out if I should be interested
133:13 to figure out if I should be interested in buying or selling. Like this right
133:15 in buying or selling. Like this right here is not a trending. This I don't
133:17 here is not a trending. This I don't even know what this is. Oh my god, I
133:19 even know what this is. Oh my god, I just I'm so passionate about trading
133:21 just I'm so passionate about trading that sometimes this type of stuff drive
133:22 that sometimes this type of stuff drive me crazy because it can just completely
133:24 me crazy because it can just completely mess up somebody's journey. The only
133:26 mess up somebody's journey. The only pattern you're going to be needing,
133:27 pattern you're going to be needing, ladies and gentlemen, is going to be the
133:28 ladies and gentlemen, is going to be the head and shoulders. So, just put a
133:30 head and shoulders. So, just put a little star on the head and shoulders
133:32 little star on the head and shoulders pattern and then it should pop up right
133:34 pattern and then it should pop up right there into your toolbox. Below that,
133:36 there into your toolbox. Below that, you're going to have the projection.
133:38 you're going to have the projection. You're going to put a star on the long
133:39 You're going to put a star on the long position and the short position. These
133:41 position and the short position. These are very self-explanatory. Whenever
133:42 are very self-explanatory. Whenever you're going to buy a trade, this is the
133:45 you're going to buy a trade, this is the long position you're going to pop up. So
133:46 long position you're going to pop up. So whenever you buy a trade, you expect for
133:49 whenever you buy a trade, you expect for you to pre-calculate your risk. So in
133:51 you to pre-calculate your risk. So in here, let's say you're only willing on
133:53 here, let's say you're only willing on losing a 100 bucks. And then if you were
133:55 losing a 100 bucks. And then if you were to then have a one:2 risk-to-reward, for
133:58 to then have a one:2 risk-to-reward, for example, which is what this is set up
134:00 example, which is what this is set up right now. So your risk-to-reward ratio
134:02 right now. So your risk-to-reward ratio is a 1:2. So you're risking $100 here to
134:05 is a 1:2. So you're risking $100 here to then making $200 here. So this area is
134:08 then making $200 here. So this area is where then you're going to be making
134:10 where then you're going to be making $200 in this area right here. So you're
134:12 $200 in this area right here. So you're risking 100 right here. And if you win,
134:16 risking 100 right here. And if you win, you win 200. If you notice, it is
134:18 you win 200. If you notice, it is literally the exact double size. And
134:20 literally the exact double size. And that's what makes it a perfect one to
134:22 that's what makes it a perfect one to two risk-to-reward. So, you're risking
134:24 two risk-to-reward. So, you're risking one to gain two. Or you can risk one to
134:28 one to gain two. Or you can risk one to gain three. Just simply triple that. And
134:31 gain three. Just simply triple that. And then there you go. So, you risk one to
134:33 then there you go. So, you risk one to gain three. You could do gain four,
134:36 gain three. You could do gain four, five, six, seven. It's all based off of
134:38 five, six, seven. It's all based off of this number right here. So, this right
134:40 this number right here. So, this right here is a one to five. So you're risking
134:43 here is a one to five. So you're risking one to gain five. Right here we have
134:47 one to gain five. Right here we have four and then we have five for example.
134:50 four and then we have five for example. So this risk-to-reward tool works for
134:53 So this risk-to-reward tool works for buys and then it also works for sales.
134:56 buys and then it also works for sales. So here you're risking one to gain two.
134:59 So here you're risking one to gain two. And I'm going to be explaining to you
135:00 And I'm going to be explaining to you how to properly place this where it
135:02 how to properly place this where it should be your minimum risk-to-reward
135:04 should be your minimum risk-to-reward tool why it should be and the whole
135:06 tool why it should be and the whole entire philosophy behind that. So that's
135:09 entire philosophy behind that. So that's what the risk-to-reward tool are going
135:11 what the risk-to-reward tool are going to be. And I feel like I didn't really
135:13 to be. And I feel like I didn't really mention these other tools over here, but
135:15 mention these other tools over here, but uh trend line is very simple. It's just
135:17 uh trend line is very simple. It's just a trend line. We don't really use it as
135:19 a trend line. We don't really use it as a trend line. We use it more for to
135:21 a trend line. We use it more for to create our structure points. And I'll
135:22 create our structure points. And I'll explain all of that later once we get
135:24 explain all of that later once we get into that. Our horizontal line is just
135:27 into that. Our horizontal line is just so we can identify a line that goes
135:29 so we can identify a line that goes pretty much across the chart. And a
135:31 pretty much across the chart. And a horizontal ray is pretty much the same
135:34 horizontal ray is pretty much the same exact thing as the horizontal line. It's
135:36 exact thing as the horizontal line. It's just from a certain point. So instead of
135:38 just from a certain point. So instead of it being the whole entire market, we
135:39 it being the whole entire market, we could just place it based off of this
135:41 could just place it based off of this point. Makes it very simple so the
135:43 point. Makes it very simple so the market and the charts don't get too
135:45 market and the charts don't get too cluttered up with an abundance of
135:46 cluttered up with an abundance of information. So the head and shoulders
135:48 information. So the head and shoulders pattern is used as a reversal pattern
135:51 pattern is used as a reversal pattern and this is so you can determine where
135:52 and this is so you can determine where the left, the head, and the right
135:54 the left, the head, and the right shoulders. If you guys have been
135:55 shoulders. If you guys have been following me for some time, you're
135:56 following me for some time, you're probably going to notice that I repeat
135:58 probably going to notice that I repeat this pattern time and time and time
136:00 this pattern time and time and time again. That's because this is simply one
136:02 again. That's because this is simply one of the most powerful patterns in the
136:04 of the most powerful patterns in the market to date. and it's the one that
136:06 market to date. and it's the one that has led me to have the majority of my
136:07 has led me to have the majority of my success. But there's a very specific way
136:09 success. But there's a very specific way on how to use it. And don't worry, I'm
136:11 on how to use it. And don't worry, I'm going to be breaking down how to use
136:12 going to be breaking down how to use this pattern accurately later into this
136:15 this pattern accurately later into this video. For now, I'm just showing you
136:16 video. For now, I'm just showing you what Trading View is and what you should
136:18 what Trading View is and what you should be focusing on and what you should not
136:20 be focusing on and what you should not be focusing on. This is pretty
136:21 be focusing on. This is pretty self-explanatory. You might have it full
136:23 self-explanatory. You might have it full of different colors. It might be pretty
136:24 of different colors. It might be pretty ugly when you have it. All you have to
136:26 ugly when you have it. All you have to do is double click it or right click the
136:28 do is double click it or right click the head and shoulders, go to style, and you
136:30 head and shoulders, go to style, and you can pretty much style it however you
136:32 can pretty much style it however you want. You can put it available on
136:34 want. You can put it available on whichever time frame you want. Change
136:36 whichever time frame you want. Change the colors. Put the borders however. And
136:38 the colors. Put the borders however. And you can make the background however you
136:40 you can make the background however you want. I'm sure pretty much I'm sure it
136:42 want. I'm sure pretty much I'm sure it comes ugly. Probably does. Probably
136:43 comes ugly. Probably does. Probably comes with a bunch of different colors
136:45 comes with a bunch of different colors and ugly like this. I just have it as
136:47 and ugly like this. I just have it as simple and as clean as it can possibly
136:50 simple and as clean as it can possibly be. But I'm going to be showing you how
136:51 be. But I'm going to be showing you how this works later inside of the video.
136:53 this works later inside of the video. Next, we have the long and short
136:55 Next, we have the long and short positions. We won't be needing anything
136:56 positions. We won't be needing anything else down from over here. This is crazy.
136:59 else down from over here. This is crazy. This is basically saying that it's going
137:00 This is basically saying that it's going to predict the next move. It's pretty
137:03 to predict the next move. It's pretty cool. I'm not going to lie. It's for
137:04 cool. I'm not going to lie. It's for like a tattoo or something, but not to
137:06 like a tattoo or something, but not to make money in trading. Honestly, that
137:08 make money in trading. Honestly, that makes no sense. Next is the brush. The
137:10 makes no sense. Next is the brush. The brush is just used for my educational
137:13 brush is just used for my educational purposes. Whenever I want to mark up
137:15 purposes. Whenever I want to mark up structure points or whenever I want to
137:17 structure points or whenever I want to mark anything off and show people or
137:19 mark anything off and show people or just set a reminder of something, I'll
137:20 just set a reminder of something, I'll just circle it and I'll know to come
137:22 just circle it and I'll know to come back to it whenever is needed just to
137:24 back to it whenever is needed just to pretty much note things down. The
137:26 pretty much note things down. The rectangle is going to be used as a box.
137:29 rectangle is going to be used as a box. This is where you're going to place your
137:30 This is where you're going to place your zones of support and resistance. And
137:33 zones of support and resistance. And I'll be breaking down support and
137:34 I'll be breaking down support and resistance later. So, make sure you have
137:36 resistance later. So, make sure you have this box. It's going to be very crucial
137:38 this box. It's going to be very crucial and essential that you have it. Once
137:39 and essential that you have it. Once again, if you don't like your colors,
137:41 again, if you don't like your colors, double click it, rightclick it, and you
137:42 double click it, rightclick it, and you can pretty much change the colors
137:44 can pretty much change the colors however you want. Or you can just do it
137:47 however you want. Or you can just do it based off of this other tab right here
137:48 based off of this other tab right here that pops up. And then here, you can go
137:50 that pops up. And then here, you can go based off of the custom colors that you
137:52 based off of the custom colors that you want to go ahead and make your box. I
137:53 want to go ahead and make your box. I always like making it as light as
137:55 always like making it as light as possible so you can actually see price.
137:58 possible so you can actually see price. Some people like having it super dark
138:00 Some people like having it super dark and if you have it super dark, you
138:01 and if you have it super dark, you literally cannot see price. The box is
138:04 literally cannot see price. The box is blocking price. I like making it around
138:06 blocking price. I like making it around a four to 5% just so it's very light
138:08 a four to 5% just so it's very light tint so you can identify if you're in or
138:11 tint so you can identify if you're in or out of the box, but you can also see it.
138:15 out of the box, but you can also see it. Next is going to be the rotated
138:18 Next is going to be the rotated rectangle. And this one I'm actually
138:19 rectangle. And this one I'm actually going toclick. I accidentally had that
138:21 going toclick. I accidentally had that one in my favorites. Next is going to be
138:24 one in my favorites. Next is going to be the path. This one is something that I
138:26 the path. This one is something that I use to identify market structure and I
138:28 use to identify market structure and I follow where the price is going to move
138:30 follow where the price is going to move or when I have a prediction from the
138:32 or when I have a prediction from the market. For example, like let's say I
138:34 market. For example, like let's say I want the market to have a retest of this
138:37 want the market to have a retest of this area right here to then buy. I do this
138:39 area right here to then buy. I do this whenever I analyze the markets every
138:41 whenever I analyze the markets every single Sunday with my students and I
138:43 single Sunday with my students and I give them my top markets. I will do
138:45 give them my top markets. I will do something like this. So throughout the
138:46 something like this. So throughout the week, they know exactly what they should
138:48 week, they know exactly what they should be looking for and wait for the market
138:49 be looking for and wait for the market to do something like that. Basically,
138:51 to do something like that. Basically, this is just me setting up the the path
138:53 this is just me setting up the the path that the market should follow in order
138:54 that the market should follow in order for me to be interested in the trade.
138:56 for me to be interested in the trade. Next to that, you have the eclipse. The
138:58 Next to that, you have the eclipse. The eclipse is just another form of you
138:59 eclipse is just another form of you placing a circle. If you want to go
139:01 placing a circle. If you want to go ahead and zoom into a market, for
139:03 ahead and zoom into a market, for example, let's say I want to go to the
139:04 example, let's say I want to go to the lower time frame on this area right
139:06 lower time frame on this area right here. I just put the eclipse. I put a
139:08 here. I just put the eclipse. I put a circle over here. And we go down to the
139:10 circle over here. And we go down to the 30 minute time frame. And on the
139:11 30 minute time frame. And on the 30-minut time frame, I know that that's
139:13 30-minut time frame, I know that that's where on the 4our time frame I had it
139:15 where on the 4our time frame I had it circled. And I'm going to be looking for
139:17 circled. And I'm going to be looking for whatever market structure or whatever
139:20 whatever market structure or whatever learning lesson that I need to look for
139:22 learning lesson that I need to look for it here. If I want to see how this
139:23 it here. If I want to see how this specific market looks like on the
139:24 specific market looks like on the weekly, I know that all I have to do is
139:26 weekly, I know that all I have to do is go to the weekly, find that circle,
139:28 go to the weekly, find that circle, which will obviously be a lot smaller
139:30 which will obviously be a lot smaller because you know that the higher the
139:31 because you know that the higher the time frame, the tighter it's going to
139:33 time frame, the tighter it's going to be. This is what that circle will look
139:35 be. This is what that circle will look like on the weekly. If I want to see it
139:37 like on the weekly. If I want to see it on the daily, this is what it's going to
139:38 on the daily, this is what it's going to look like on the daily. just an area for
139:40 look like on the daily. just an area for you to be able to identify the market
139:42 you to be able to identify the market and you can tell where you are in that
139:44 and you can tell where you are in that market and then you can go and look at
139:46 market and then you can go and look at the details. Then that's going to be the
139:49 the details. Then that's going to be the final tool that you're going to add
139:51 final tool that you're going to add inside of this section. Next to that you
139:54 inside of this section. Next to that you have the text and notes. If you want to
139:56 have the text and notes. If you want to make sure you can add the text tool. So
139:58 make sure you can add the text tool. So this right here is so you can write down
140:00 this right here is so you can write down your actual confluences onto the chart.
140:03 your actual confluences onto the chart. So whenever I want to write down a note
140:05 So whenever I want to write down a note to myself I can either use this option
140:07 to myself I can either use this option over here. So I can use this notes
140:08 over here. So I can use this notes option in this area of the trade or I
140:11 option in this area of the trade or I can actually do it right on the chart
140:13 can actually do it right on the chart which is where I like it a lot because
140:15 which is where I like it a lot because I'm literally placing it right on top of
140:16 I'm literally placing it right on top of the market. So for example here I am
140:19 the market. So for example here I am waiting for the market to come back to
140:22 waiting for the market to come back to my area of interest or area of interest.
140:26 my area of interest or area of interest. Now if I want to make it longer just go
140:28 Now if I want to make it longer just go like this. If I want to make the text
140:30 like this. If I want to make the text smaller I click this button right here
140:32 smaller I click this button right here making it smaller. These are all just
140:34 making it smaller. These are all just custom, you know, curious creature
140:36 custom, you know, curious creature features that you can pretty much play
140:38 features that you can pretty much play with it, but it's just just a note thing
140:40 with it, but it's just just a note thing pretty much. Under that, we have the
140:41 pretty much. Under that, we have the call out. Call out is pretty
140:42 call out. Call out is pretty self-explanatory. Let's say you're going
140:44 self-explanatory. Let's say you're going to get on a call with me or you're going
140:46 to get on a call with me or you're going to get a call with my team and you want
140:47 to get a call with my team and you want to review a trade. You simply get this
140:49 to review a trade. You simply get this call out pointed to this point and it's
140:51 call out pointed to this point and it's ask this,
140:54 ask this, ask
140:56 ask team this. So, for example, it's just so
140:59 team this. So, for example, it's just so you have the specific spot that you want
141:01 you have the specific spot that you want to actually write it down or review it.
141:04 to actually write it down or review it. Or if you take a trade and you took a
141:05 Or if you take a trade and you took a loss, for example, let's say, for
141:07 loss, for example, let's say, for example, this week I took a loss here on
141:10 example, this week I took a loss here on NDUSD. I'm going to use the call out
141:12 NDUSD. I'm going to use the call out option. And here's where I'm going to I
141:15 option. And here's where I'm going to I took a loss, but I want to come back in
141:19 took a loss, but I want to come back in one week and see how it reacted, for
141:22 one week and see how it reacted, for example, or how it reached this area, so
141:25 example, or how it reached this area, so on and so forth. Just a different way on
141:27 on and so forth. Just a different way on how you can actually write down a note
141:28 how you can actually write down a note onto the market. Continuing from that,
141:30 onto the market. Continuing from that, you have the emojis. We're not texting
141:32 you have the emojis. We're not texting anybody. We're not, you know, putting
141:34 anybody. We're not, you know, putting emojis here. We're here to make money,
141:35 emojis here. We're here to make money, not to put little hearts on our trading
141:38 not to put little hearts on our trading view. Ladies, if you're on here, you're
141:39 view. Ladies, if you're on here, you're going to put hearts on your charts.
141:41 going to put hearts on your charts. Sorry, not that guy. Guys, if you're
141:43 Sorry, not that guy. Guys, if you're going to put a heart on your charts, I
141:45 going to put a heart on your charts, I think you should not be here. Totally a
141:47 think you should not be here. Totally a joke. If you want to put hearts, you can
141:48 joke. If you want to put hearts, you can do whatever you want, but I've never
141:49 do whatever you want, but I've never done that in my life. This tool right
141:51 done that in my life. This tool right here is going to be the measurement
141:53 here is going to be the measurement tool. So this tool is actually very
141:54 tool. So this tool is actually very useful when it comes to either measuring
141:56 useful when it comes to either measuring the size or the time of a market. So for
142:00 the size or the time of a market. So for example, let's say we want to know how
142:02 example, let's say we want to know how long the market took from get to get
142:04 long the market took from get to get from this point right here to this point
142:06 from this point right here to this point right here. This market took a total of
142:08 right here. This market took a total of 93 bars, which on the 4hour time frame
142:12 93 bars, which on the 4hour time frame is a total of 21 days and 12 hours. So
142:15 is a total of 21 days and 12 hours. So you can just click the actual candle or
142:18 you can just click the actual candle or anywhere in the chart and drag it left.
142:20 anywhere in the chart and drag it left. And you can see how you continuously
142:21 And you can see how you continuously dragging it left. This is going to
142:23 dragging it left. This is going to continuously move and it's going to
142:24 continuously move and it's going to measure how much time or the length of
142:27 measure how much time or the length of that move. Now, that is the time wise.
142:30 that move. Now, that is the time wise. Now, if you want to measure it in pips,
142:32 Now, if you want to measure it in pips, which I'm going to get into pips right
142:34 which I'm going to get into pips right now, all you have to do is just go up
142:36 now, all you have to do is just go up and down. So, let's say you want to see
142:38 and down. So, let's say you want to see how big a zone is. For example, let's
142:41 how big a zone is. For example, let's say you want to measure this zone. You
142:43 say you want to measure this zone. You go to the top of the zone and then you
142:44 go to the top of the zone and then you go to the bottom of the zone. And you
142:46 go to the bottom of the zone. And you can tell that this zone is a total of 20
142:49 can tell that this zone is a total of 20 pips. 20.3 pips. If you want to measure
142:53 pips. 20.3 pips. If you want to measure the size of this candlestick, you go
142:55 the size of this candlestick, you go from the top of the candlestick to the
142:57 from the top of the candlestick to the bottom of the candlestick and you can
142:58 bottom of the candlestick and you can tell it is a total of 52 pips. And now
143:01 tell it is a total of 52 pips. And now if you want to measure it to the upside
143:03 if you want to measure it to the upside from this zone to this zone, you can
143:05 from this zone to this zone, you can tell that that is a total of 40 pips.
143:08 tell that that is a total of 40 pips. Now what are these pips? What is a pip?
143:10 Now what are these pips? What is a pip? Pip means point in percentage.
143:15 Pip means point in percentage. Point in percentage.
143:18 Point in percentage. Percentage.
143:19 Percentage. So this is how you measure the market
143:22 So this is how you measure the market and the the length of it. So let's say
143:26 and the the length of it. So let's say this right now is uh two fighters,
143:29 this right now is uh two fighters, right? So these are two fighters. This
143:31 right? So these are two fighters. This is the pound versus the Swiss Frank. And
143:34 is the pound versus the Swiss Frank. And this is when Mike Tyson or this is when
143:37 this is when Mike Tyson or this is when the Swiss Frank beats up the pound. So
143:40 the Swiss Frank beats up the pound. So this if this movement goes down that
143:42 this if this movement goes down that means that the Swiss Frank is getting
143:44 means that the Swiss Frank is getting stronger than the British pound. This
143:46 stronger than the British pound. This move is happening right here. And you
143:47 move is happening right here. And you want to measure how strong that move
143:50 want to measure how strong that move was, you just measure it. You get this
143:52 was, you just measure it. You get this right here and then you measure it from
143:54 right here and then you measure it from the bottom up, from the top down, it's
143:57 the bottom up, from the top down, it's going to be the exact same pip amount.
143:59 going to be the exact same pip amount. Pip is the point in percentage. So you
144:02 Pip is the point in percentage. So you measure that move in pips. In fighters,
144:05 measure that move in pips. In fighters, if they were to be fighting, oh, he
144:06 if they were to be fighting, oh, he knocked them down and he stayed down
144:08 knocked them down and he stayed down for, for example, if you were to measure
144:10 for, for example, if you were to measure this, he stayed down for 50 seconds. But
144:12 this, he stayed down for 50 seconds. But in trading, this move went down 50
144:16 in trading, this move went down 50 points. Now, this is not correlated with
144:18 points. Now, this is not correlated with time, but this is just how you measure
144:20 time, but this is just how you measure the length of the move. In fighting, you
144:22 the length of the move. In fighting, you measure the length of the knockdown
144:23 measure the length of the knockdown based off of how long he was down for,
144:26 based off of how long he was down for, for example. And I'm sure there's many
144:27 for example. And I'm sure there's many different analogies that I can put to
144:28 different analogies that I can put to it, but it's just the first one that
144:29 it, but it's just the first one that comes to mind. PIP is the point of
144:31 comes to mind. PIP is the point of percentage. It is the measurement that
144:33 percentage. It is the measurement that the market has. So, let's say a market
144:35 the market has. So, let's say a market goes, let's say you want to buy this
144:36 goes, let's say you want to buy this market from this point right here to
144:39 market from this point right here to this point. You're aiming for 40 points.
144:41 this point. You're aiming for 40 points. This 40 points is what the market is
144:44 This 40 points is what the market is going to do. Now you risk behind like
144:47 going to do. Now you risk behind like the you base your trade based off of
144:49 the you base your trade based off of these points. So let's say you want to
144:51 these points. So let's say you want to risk $100. So if you risk $100 per
144:54 risk $100. So if you risk $100 per point, you just do 100 times 40 and then
144:57 point, you just do 100 times 40 and then you can go ahead and see how much
144:59 you can go ahead and see how much profits you're going to be making. So
145:00 profits you're going to be making. So for example, let's say we're going to
145:02 for example, let's say we're going to have this buy position, right? So this
145:04 have this buy position, right? So this buy position and I know I I can get this
145:06 buy position and I know I I can get this lit later into the actual technical
145:08 lit later into the actual technical parts when we get to the market, but
145:10 parts when we get to the market, but let's say right here our stop loss is 20
145:12 let's say right here our stop loss is 20 points, right? 20 pips. If we want to
145:15 points, right? 20 pips. If we want to risk $500, we then go to our position
145:18 risk $500, we then go to our position size calculator. We can go to on
145:20 size calculator. We can go to on 1xtrade.com. We can go to lq.com. They
145:23 1xtrade.com. We can go to lq.com. They all have these cool position size
145:25 all have these cool position size calculators where you can pretty much
145:27 calculators where you can pretty much base your account balance. And then from
145:29 base your account balance. And then from there, you can actually tell your lots,
145:30 there, you can actually tell your lots, the lot size, and all that, which I'll
145:32 the lot size, and all that, which I'll get into that later into the actual
145:33 get into that later into the actual video. But here, basically, you would
145:35 video. But here, basically, you would tell, okay, so this has 20 pips down,
145:37 tell, okay, so this has 20 pips down, and then this has 36 pips to the upside.
145:40 and then this has 36 pips to the upside. That's how you measure how long your
145:42 That's how you measure how long your stop loss is going to be. and how long
145:45 stop loss is going to be. and how long your takerit is going to be. Pretty much
145:47 your takerit is going to be. Pretty much the tool actually measures it for you,
145:49 the tool actually measures it for you, but this tool also measures it for you
145:51 but this tool also measures it for you for whatever reason you want to measure
145:53 for whatever reason you want to measure this zoom in option. Uh I I don't really
145:55 this zoom in option. Uh I I don't really know what it is. I'm going to click on
145:56 know what it is. I'm going to click on it right now for the first time. Oh, I
145:58 it right now for the first time. Oh, I guess it's whenever you want to Oh,
146:00 guess it's whenever you want to Oh, okay. So, I guess whenever you want to
146:01 okay. So, I guess whenever you want to really like zoom into a piece of market,
146:03 really like zoom into a piece of market, you can just get that tool. It's a
146:05 you can just get that tool. It's a pretty cool tool. And then I guess this
146:07 pretty cool tool. And then I guess this is whenever you want to zoom out of it
146:08 is whenever you want to zoom out of it pretty much, but I've never really used
146:10 pretty much, but I've never really used it. Not really interested. This magnet.
146:12 it. Not really interested. This magnet. I have no idea what it's used for. This
146:14 I have no idea what it's used for. This I have no idea what it's used for. This
146:16 I have no idea what it's used for. This is for whenever you want to lock your
146:18 is for whenever you want to lock your drawings. I never really use this
146:19 drawings. I never really use this option, but I do use this option
146:21 option, but I do use this option sometimes, which is where you want to
146:22 sometimes, which is where you want to hide all the drawings because sometimes
146:24 hide all the drawings because sometimes when you're looking at the market, for
146:25 when you're looking at the market, for example, let's say like my NZDUSD, like
146:28 example, let's say like my NZDUSD, like I have a lot of notes sometimes placed
146:30 I have a lot of notes sometimes placed on the markets. And if I want to just
146:32 on the markets. And if I want to just remove all of these different noise that
146:33 remove all of these different noise that I have from my notes, I just look at the
146:35 I have from my notes, I just look at the market for what it is. And don't worry,
146:37 market for what it is. And don't worry, all those notes that I have there, I'm
146:39 all those notes that I have there, I'm going to be educating you guys on what
146:40 going to be educating you guys on what they are throughout the video. So, don't
146:41 they are throughout the video. So, don't try and pause it and sneak in and zoom
146:43 try and pause it and sneak in and zoom into it. Trust me, if you try and take
146:45 into it. Trust me, if you try and take the short way, you're going to you're
146:46 the short way, you're going to you're going to confuse yourself because you're
146:47 going to confuse yourself because you're not going to be educated on that
146:49 not going to be educated on that information. Correct. So, this tool
146:50 information. Correct. So, this tool right here is just to pretty much hide
146:52 right here is just to pretty much hide all of the options for however long you
146:54 all of the options for however long you want it. This is going to be the I don't
146:57 want it. This is going to be the I don't even know what this is. This is the sync
146:59 even know what this is. This is the sync drawing options. I've never used it. And
147:01 drawing options. I've never used it. And then this is the the delete button if
147:02 then this is the the delete button if you want to go ahead and delete your
147:04 you want to go ahead and delete your drawings. And then after you favored
147:06 drawings. And then after you favored every single one of these tools that
147:07 every single one of these tools that I've just explained right now, all you
147:08 I've just explained right now, all you have to do is put a star and then this
147:11 have to do is put a star and then this tool kit pops up and down. Moving on to
147:14 tool kit pops up and down. Moving on to this top section over here is where we
147:16 this top section over here is where we have the actual currency market that
147:18 have the actual currency market that we're interested in trading. Once again,
147:20 we're interested in trading. Once again, this is just another time frame that is
147:22 this is just another time frame that is telling you whether it's reflecting from
147:24 telling you whether it's reflecting from here. This is the server that you are
147:26 here. This is the server that you are in. So you can either be in the end the
147:28 in. So you can either be in the end the server how I am now or whatever server
147:30 server how I am now or whatever server you decide to pick. This is the color of
147:33 you decide to pick. This is the color of the symbol that you have, the flag that
147:35 the symbol that you have, the flag that you have on it. And these are just more
147:36 you have on it. And these are just more settings that you can have and curious
147:38 settings that you can have and curious features on it, which I never really
147:40 features on it, which I never really use. This area up here, I have no idea
147:42 use. This area up here, I have no idea what this is. I guess this is the
147:44 what this is. I guess this is the measurement of the path or the tool
147:46 measurement of the path or the tool whenever it goes on Trading View, but I
147:48 whenever it goes on Trading View, but I never ever look at these numbers. I just
147:49 never ever look at these numbers. I just think it looks cool whenever I move it
147:51 think it looks cool whenever I move it fast, how fast it also moves alongside
147:53 fast, how fast it also moves alongside with it. This option right here is the
147:55 with it. This option right here is the exact same thing. As you can tell, it
147:56 exact same thing. As you can tell, it just moves whenever I move the the path
147:59 just moves whenever I move the the path tool, but I don't really ever use it.
148:00 tool, but I don't really ever use it. This right here is if you want to demo
148:02 This right here is if you want to demo sell or demo buy into the market, which
148:05 sell or demo buy into the market, which you could do that, but I've already
148:06 you could do that, but I've already explained that it's best to go ahead and
148:07 explained that it's best to go ahead and do that on Trading View just because
148:09 do that on Trading View just because it's a lot easier. Uh, I mean, you can
148:11 it's a lot easier. Uh, I mean, you can go ahead and do that within the broker
148:12 go ahead and do that within the broker and Metatrader because you can take it
148:14 and Metatrader because you can take it with you on your phone. It's pretty
148:15 with you on your phone. It's pretty self-explanatory. And then this option
148:16 self-explanatory. And then this option right here is where you can hide your
148:18 right here is where you can hide your indicators that you're going to be
148:20 indicators that you're going to be using, which the only two indicators you
148:22 using, which the only two indicators you need to be using is going to be the EMA
148:24 need to be using is going to be the EMA and the no gap candlesticks. So,
148:27 and the no gap candlesticks. So, everything I just educated you guys on
148:29 everything I just educated you guys on right now is going to be Trading View,
148:31 right now is going to be Trading View, right? I get it. There's a lot of
148:32 right? I get it. There's a lot of buttons. There's a lot of volume. But
148:33 buttons. There's a lot of volume. But now that you look at it and you
148:35 now that you look at it and you understand it, it really isn't that
148:36 understand it, it really isn't that complicated. All you really need are
148:39 complicated. All you really need are these tools that you have up here. And
148:42 these tools that you have up here. And that's pretty much it. You don't even
148:43 that's pretty much it. You don't even need to click this button right here for
148:45 need to click this button right here for the alert. You can just click right here
148:46 the alert. You can just click right here on the right hand side. Whenever you
148:48 on the right hand side. Whenever you want to search up a market, you just
148:49 want to search up a market, you just simply type it on the keyboard. And
148:51 simply type it on the keyboard. And whenever you type it, it should just pop
148:53 whenever you type it, it should just pop right up and then it comes over here to
148:55 right up and then it comes over here to the side. All of this other information
148:56 the side. All of this other information is literally just information overload
148:58 is literally just information overload and you don't need to know any of that
149:00 and you don't need to know any of that stuff. So, this right here is Trading
149:02 stuff. So, this right here is Trading View. This is where you're going to
149:03 View. This is where you're going to spend 90% of your time, if not 95% of
149:07 spend 90% of your time, if not 95% of your time when it comes to actually
149:09 your time when it comes to actually executing the analysis of the market,
149:12 executing the analysis of the market, and you're going to determine if you're
149:13 and you're going to determine if you're interested in buying or selling. But at
149:16 interested in buying or selling. But at no point are you actually going to buy
149:18 no point are you actually going to buy and sell off of this market. You're
149:20 and sell off of this market. You're never going to deposit into this
149:21 never going to deposit into this platform right here. This is just where
149:23 platform right here. This is just where you look at the market. Then you have
149:25 you look at the market. Then you have the broker where you deposit the funds
149:27 the broker where you deposit the funds and then the broker creates the MT5
149:29 and then the broker creates the MT5 account where you go and execute the
149:30 account where you go and execute the trade. This everything right here are
149:32 trade. This everything right here are just simply the trading tools and
149:34 just simply the trading tools and platforms that you need to have when you
149:36 platforms that you need to have when you are trading in the markets. Believe me,
149:40 are trading in the markets. Believe me, I wish I had these markets when I
149:42 I wish I had these markets when I started trading because personally, I
149:44 started trading because personally, I had so much unnecessary information on
149:46 had so much unnecessary information on my charts that just simply cluttered my
149:48 my charts that just simply cluttered my time and it wasted me from actually
149:50 time and it wasted me from actually focusing on things that do matter and
149:52 focusing on things that do matter and that's practicing a strategy, not trying
149:54 that's practicing a strategy, not trying to figure out what every single feature
149:55 to figure out what every single feature inside of Trading View was and if there
149:57 inside of Trading View was and if there was these different hidden secret
149:59 was these different hidden secret websites that were going to lead me to
150:00 websites that were going to lead me to understand if something was ready to buy
150:02 understand if something was ready to buy or not. So, in this little zap right
150:04 or not. So, in this little zap right here, this is basically the latest
150:06 here, this is basically the latest update of the market. every single
150:08 update of the market. every single market will have that little lightning
150:09 market will have that little lightning just shows you where the market is at
150:11 just shows you where the market is at that very moment. Obviously, this is
150:12 that very moment. Obviously, this is where these markets are and it just
150:14 where these markets are and it just gives you like the latest updates on it,
150:16 gives you like the latest updates on it, but I never click on that either at all.
150:18 but I never click on that either at all. These are just cool little features that
150:20 These are just cool little features that Trading View has to offer. And if I
150:21 Trading View has to offer. And if I didn't show it, this little lightning
150:23 didn't show it, this little lightning right here, it's just the latest updates
150:25 right here, it's just the latest updates of the market pretty much. So, once
150:26 of the market pretty much. So, once again, all you need is Trading View to
150:28 again, all you need is Trading View to analyze the markets. You need a broker
150:31 analyze the markets. You need a broker to deposit your funds. I recommend LQ
150:33 to deposit your funds. I recommend LQ Markets or I recommend 1xtrade.com. And
150:36 Markets or I recommend 1xtrade.com. And then the only other platform that you're
150:38 then the only other platform that you're going to need from that is maybe and if
150:40 going to need from that is maybe and if anything Forex Factory for you to
150:42 anything Forex Factory for you to understand if there is fundamentals that
150:44 understand if there is fundamentals that are going to be happening. Now later
150:45 are going to be happening. Now later into this video I'm going to explain
150:46 into this video I'm going to explain what fundamentals are good for and how
150:48 what fundamentals are good for and how you can actually leverage that into a
150:50 you can actually leverage that into a profitable strategy. So we'll break all
150:51 profitable strategy. So we'll break all that down into the future. All right. So
150:53 that down into the future. All right. So now that you understand how Trading View
150:55 now that you understand how Trading View works, we're going to go back to
150:57 works, we're going to go back to MetaTrader 5, but I'm going to show it
150:58 MetaTrader 5, but I'm going to show it to you here on the actual Trading View
151:00 to you here on the actual Trading View just because I can show you everything
151:01 just because I can show you everything on one spot. So I know we're going back
151:03 on one spot. So I know we're going back and forth. So bear with me. have some
151:05 and forth. So bear with me. have some patience because I'm trying to explain
151:06 patience because I'm trying to explain to you every single feature of trading
151:08 to you every single feature of trading all inside of the same section so you
151:10 all inside of the same section so you guys can know exactly how to use it all.
151:12 guys can know exactly how to use it all. So, this right here is probably when you
151:13 So, this right here is probably when you were looking at Metatrader 5 on your
151:15 were looking at Metatrader 5 on your phone and you were probably a little bit
151:16 phone and you were probably a little bit confused whether you were ready to
151:18 confused whether you were ready to actually either place a market instant
151:20 actually either place a market instant execution, you're probably curious on
151:22 execution, you're probably curious on what's a buy limit, sell limit, buy
151:23 what's a buy limit, sell limit, buy stop, sell stop, and these other pending
151:26 stop, sell stop, and these other pending orders that are right here. So, this is
151:28 orders that are right here. So, this is once you are ready to go ahead and
151:30 once you are ready to go ahead and execute the trade. So, let's say you're
151:31 execute the trade. So, let's say you're looking at NZD JPY, for example, and
151:34 looking at NZD JPY, for example, and you're ready to go ahead and execute
151:36 you're ready to go ahead and execute that trade and you're ready to place
151:37 that trade and you're ready to place either a buy or a sell. So, if you want
151:39 either a buy or a sell. So, if you want to place a buy or a sell based off of
151:41 to place a buy or a sell based off of where the market is exactly right now,
151:44 where the market is exactly right now, you would just go ahead go to market
151:45 you would just go ahead go to market execution. You would put your stop loss
151:47 execution. You would put your stop loss and then you would put your takeprofit
151:48 and then you would put your takeprofit and then you would immediately take the
151:50 and then you would immediately take the trade. So, if you were to put your
151:51 trade. So, if you were to put your takeprofit, it would look something like
151:53 takeprofit, it would look something like this. And then if you would put your
151:54 this. And then if you would put your stop loss, it would look something like
151:56 stop loss, it would look something like this. All you would have to do is come
151:58 this. All you would have to do is come to the MetaTrader 4 or the MetaTrader 5
152:00 to the MetaTrader 4 or the MetaTrader 5 app and then all you would have to do is
152:01 app and then all you would have to do is just place the stop-loss numbers and
152:03 just place the stop-loss numbers and place the takerit numbers. So the stop
152:06 place the takerit numbers. So the stop loss number for example right here it
152:08 loss number for example right here it would be on this trade for example you
152:10 would be on this trade for example you were to look at it on this section you
152:12 were to look at it on this section you could look at either on the right hand
152:13 could look at either on the right hand section or you could just double click
152:15 section or you could just double click on it. You go to inputs and your stop
152:17 on it. You go to inputs and your stop loss is 87.670.
152:20 loss is 87.670. So you would go over here, you would
152:22 So you would go over here, you would bring up your MetaTrader 5, and then you
152:24 bring up your MetaTrader 5, and then you would go ahead and implement right here
152:26 would go ahead and implement right here in your stop loss the numbers that you
152:29 in your stop loss the numbers that you see right here. So your stop-loss level
152:30 see right here. So your stop-loss level is going to be 87.670.
152:34 is going to be 87.670. 87.670.
152:36 87.670. And then you would go ahead and place
152:37 And then you would go ahead and place your takerit. So your takerit is the
152:39 your takerit. So your takerit is the green area. And then on this takerit
152:41 green area. And then on this takerit area, you would go ahead and put 88736.
152:45 area, you would go ahead and put 88736. So take profit, you would put 88736.
152:49 So take profit, you would put 88736. So then this right here would be your
152:50 So then this right here would be your take profit positions. Then after that
152:51 take profit positions. Then after that you have the deviation which I have
152:54 you have the deviation which I have absolutely no idea what that is. I have
152:56 absolutely no idea what that is. I have never placed anything on that button
152:58 never placed anything on that button right there. All I know is whenever I
153:00 right there. All I know is whenever I want to trade whenever I want to take a
153:01 want to trade whenever I want to take a trade live based off of where the market
153:03 trade live based off of where the market is, I go ahead I place my stop loss. I
153:05 is, I go ahead I place my stop loss. I place my takeprofit and then I click
153:07 place my takeprofit and then I click buy. Now before I click buy, I need to
153:09 buy. Now before I click buy, I need to make sure that I can calculate my risk
153:12 make sure that I can calculate my risk on the position. So if you notice here,
153:14 on the position. So if you notice here, this lot size is going to be 0.05.
153:17 this lot size is going to be 0.05. Now, you're probably wondering, Alex,
153:19 Now, you're probably wondering, Alex, what does that mean? What is a lot size?
153:21 what does that mean? What is a lot size? How does that work? Well, it's actually
153:22 How does that work? Well, it's actually very simple. Your lot size is what's
153:25 very simple. Your lot size is what's going to determine the actual risk on
153:27 going to determine the actual risk on the position that you're going to be
153:29 the position that you're going to be taking. So, if you want to risk a $100
153:32 taking. So, if you want to risk a $100 inside of this trade right here, right?
153:34 inside of this trade right here, right? So, for example, let's say you have a
153:35 So, for example, let's say you have a $1,000 trading account, right? Your
153:37 $1,000 trading account, right? Your balance on the account is $1,000. You
153:40 balance on the account is $1,000. You deposited $1,000 inside of 1x trade. So
153:44 deposited $1,000 inside of 1x trade. So on your MetaTrader 5, it says $1,000,
153:48 on your MetaTrader 5, it says $1,000, but out of those $1,000, you want to
153:50 but out of those $1,000, you want to only risk 50 bucks, right? That is what
153:53 only risk 50 bucks, right? That is what you are okay with risking on this
153:55 you are okay with risking on this position right here. All right, cool.
153:58 position right here. All right, cool. That's a great percentage based off of
153:59 That's a great percentage based off of your account. And this trade, you're
154:01 your account. And this trade, you're going to be risking $50 to potentially
154:03 going to be risking $50 to potentially gain $100. That is a positive
154:06 gain $100. That is a positive risk-to-reward ratio. Now, how do you
154:08 risk-to-reward ratio. Now, how do you calculate that lot size that you need to
154:11 calculate that lot size that you need to go ahead and place into your position?
154:12 go ahead and place into your position? Because once again, this lot size that
154:15 Because once again, this lot size that you're going to be placing right into
154:16 you're going to be placing right into your MetaTrader 5, that needs to go
154:19 your MetaTrader 5, that needs to go directly before you click the buy or the
154:22 directly before you click the buy or the sell button. You can't click buy or sell
154:24 sell button. You can't click buy or sell into the market until you haven't
154:26 into the market until you haven't pre-calculated your lot size. Now,
154:28 pre-calculated your lot size. Now, determining your lot size is extremely
154:30 determining your lot size is extremely easy. So, you can come over here to
154:32 easy. So, you can come over here to 1xtrade.com. You can go to their lots
154:34 1xtrade.com. You can go to their lots size calculator or you can go to LQ
154:36 size calculator or you can go to LQ Markets and you can go to their position
154:38 Markets and you can go to their position size calculator, whichever one you like
154:40 size calculator, whichever one you like best. And let's say right here you're
154:41 best. And let's say right here you're going to put your account balance. So
154:43 going to put your account balance. So let's say your account balance is $1,000
154:45 let's say your account balance is $1,000 for the example that we're using right
154:47 for the example that we're using right now. And you want to risk 50 bucks. So
154:49 now. And you want to risk 50 bucks. So 50 bucks is 5% of your account. And
154:52 50 bucks is 5% of your account. And let's say your stop loss in pips is
154:54 let's say your stop loss in pips is going to be a total of 35 pips. For
154:58 going to be a total of 35 pips. For example, let's say we go back to this
154:59 example, let's say we go back to this trade right here. And this is a 30 pip
155:01 trade right here. And this is a 30 pip stop loss. So as you can tell, this is a
155:03 stop loss. So as you can tell, this is a 30 point stop loss. This number right
155:06 30 point stop loss. This number right here amount 750. I have no idea what it
155:08 here amount 750. I have no idea what it is. This percentage, I have no idea what
155:10 is. This percentage, I have no idea what it is. And this stop 0307,
155:14 it is. And this stop 0307, I have no idea what it is. All I know is
155:17 I have no idea what it is. All I know is that this number right here, 30.7
155:20 that this number right here, 30.7 is the amount of pips on this actual
155:23 is the amount of pips on this actual position. So, let's say this trade is
155:25 position. So, let's say this trade is actually a total of 30 pips. All right,
155:28 actually a total of 30 pips. All right, cool. Now, I know for the takerit, I'm
155:30 cool. Now, I know for the takerit, I'm targeting to have 61 pips. Now, I don't
155:33 targeting to have 61 pips. Now, I don't know what this percentage is, and I
155:35 know what this percentage is, and I don't know what this target is. All I
155:37 don't know what this target is. All I know is that this is the pips for the
155:38 know is that this is the pips for the takerit. This is the pips for my stop
155:40 takerit. This is the pips for my stop loss. And my risk-to-reward ratio is A2.
155:44 loss. And my risk-to-reward ratio is A2. I don't know what this quantity is. And
155:46 I don't know what this quantity is. And I know this open P&L is going to tell me
155:48 I know this open P&L is going to tell me how many pips I am in draw down or how
155:50 how many pips I am in draw down or how many pips I am in profit. Is this
155:52 many pips I am in profit. Is this fluctuates depending how price is
155:54 fluctuates depending how price is moving. But I set the time of us taking
155:56 moving. But I set the time of us taking this trade right at this point right
155:58 this trade right at this point right there. This is going to be my pip count
156:01 there. This is going to be my pip count for the stop loss. All I have to do is
156:03 for the stop loss. All I have to do is come back to my lot size calculator. My
156:06 come back to my lot size calculator. My pip size is going to be 30 amount, 30
156:08 pip size is going to be 30 amount, 30 pips. And then what currency pair are we
156:10 pips. And then what currency pair are we going to be trading? So this currency
156:12 going to be trading? So this currency pair that we're going to be trading is
156:14 pair that we're going to be trading is NZD JPY. The New Zealand dollar versus
156:16 NZD JPY. The New Zealand dollar versus the Japanese yen. So all I have to do is
156:19 the Japanese yen. So all I have to do is type here NZD
156:21 type here NZD JPY.
156:28 NZD. One second. Oh, I guess we have to look through it
156:29 Oh, I guess we have to look through it like this. We type it in. Doesn't pop
156:32 like this. We type it in. Doesn't pop up. We could just look for it. Boom.
156:33 up. We could just look for it. Boom. Boom. Boom. And it's probably organized
156:37 Boom. Boom. And it's probably organized in order. There's so many different
156:38 in order. There's so many different currency pairs right here. NZDJPY. And
156:41 currency pairs right here. NZDJPY. And then all I have to click after that is
156:43 then all I have to click after that is just simply calculate risk. Now, my lot
156:45 just simply calculate risk. Now, my lot size in order for me to risk $50 with my
156:50 size in order for me to risk $50 with my $1,000 account and a 30 pip stop-loss is
156:53 $1,000 account and a 30 pip stop-loss is 0.17.
156:55 0.17. Now this trade right here as soon as I
156:57 Now this trade right here as soon as I am going to go enter the trade when I go
156:59 am going to go enter the trade when I go place my stop loss all I have to do is
157:02 place my stop loss all I have to do is put 0.17
157:05 put 0.17 on this lot size. I put the number of my
157:09 on this lot size. I put the number of my actual stop-loss 87.650
157:12 actual stop-loss 87.650 right here and then I put my takeprofit
157:14 right here and then I put my takeprofit which is going to be 88.570
157:17 which is going to be 88.570 at this point right here. And then I
157:19 at this point right here. And then I click buy at no matter what happens in
157:21 click buy at no matter what happens in this market. Trump could come out with
157:23 this market. Trump could come out with the craziest tweets. another Corona
157:25 the craziest tweets. another Corona virus, uh, another anything pandemic
157:28 virus, uh, another anything pandemic could happen. This can have a massive
157:30 could happen. This can have a massive candlestick to the downside like this or
157:32 candlestick to the downside like this or a massive candlestick to the upside like
157:34 a massive candlestick to the upside like this. The most I will ever lose on this
157:37 this. The most I will ever lose on this position is going to be those $50. Why?
157:40 position is going to be those $50. Why? Because I have a stop-loss and I have it
157:42 Because I have a stop-loss and I have it calculated with the lot size. So, I know
157:44 calculated with the lot size. So, I know exactly how much I am risking on this
157:46 exactly how much I am risking on this position. As soon as I am entering this
157:48 position. As soon as I am entering this market, that is exactly what I am going
157:50 market, that is exactly what I am going to be risking. I will not lose any more
157:53 to be risking. I will not lose any more than what I have pre-calculated here.
157:55 than what I have pre-calculated here. And I will not gain more than what I
157:57 And I will not gain more than what I have pre-calculated here. As soon as the
157:59 have pre-calculated here. As soon as the market comes to this area, the market
158:01 market comes to this area, the market will automatically take me out at my
158:03 will automatically take me out at my stop loss at this point right here. As
158:05 stop loss at this point right here. As soon as the market comes up to this area
158:06 soon as the market comes up to this area over here, the market will automatically
158:08 over here, the market will automatically take me out at this area right here. The
158:10 take me out at this area right here. The beauty of this right here is that you
158:12 beauty of this right here is that you know exactly how much you are risking to
158:15 know exactly how much you are risking to exactly how much you can potentially
158:16 exactly how much you can potentially gain. There is no random outcome. There
158:19 gain. There is no random outcome. There is no uncertainty what can potentially
158:21 is no uncertainty what can potentially happen. You know exactly what is going
158:23 happen. You know exactly what is going to happen. So MetaTrader 5 when you are
158:26 to happen. So MetaTrader 5 when you are going to go execute your position and an
158:28 going to go execute your position and an instant execution you have to just make
158:30 instant execution you have to just make sure that you simply just click zero.
158:32 sure that you simply just click zero. You simply just place your stop loss you
158:35 You simply just place your stop loss you place your takeprofit and you calculate
158:36 place your takeprofit and you calculate your risk. Then you click the buy or the
158:39 your risk. Then you click the buy or the sell button. Now the only difference in
158:41 sell button. Now the only difference in between instant execution, buy limit,
158:44 between instant execution, buy limit, sell limit, buy stop, sell stop, buy
158:46 sell limit, buy stop, sell stop, buy stop limit and sell stop limit is that
158:48 stop limit and sell stop limit is that you pretty much predict or you place the
158:51 you pretty much predict or you place the area where you want for the market to
158:53 area where you want for the market to enter you right away. So a buy stop is
158:56 enter you right away. So a buy stop is an order placed above a current price
158:59 an order placed above a current price and you're basically going to be entered
159:01 and you're basically going to be entered into the trade as soon as the market
159:03 into the trade as soon as the market gets to that point. So for example,
159:05 gets to that point. So for example, let's say I place a buy stop order,
159:07 let's say I place a buy stop order, right? So let's say we want to place a
159:09 right? So let's say we want to place a buy stop. I would place the market right
159:11 buy stop. I would place the market right here. So as soon as I click the buy stop
159:13 here. So as soon as I click the buy stop option, there's only one tab more that's
159:16 option, there's only one tab more that's going to open and that's the area where
159:18 going to open and that's the area where you want to place where where you want
159:19 you want to place where where you want to place the price. So this is where you
159:21 to place the price. So this is where you want to place the price. So this price
159:23 want to place the price. So this price is going to be at 88145.
159:27 is going to be at 88145. So you are telling Metatrader 5 that
159:30 So you are telling Metatrader 5 that whenever the market gets to this price
159:33 whenever the market gets to this price 88145
159:35 88145 the market is going to immediately enter
159:37 the market is going to immediately enter you the position. So this is if you have
159:39 you the position. So this is if you have to go to work or you have to go to the
159:40 to go to work or you have to go to the gym or you have to go to sleep. Whenever
159:42 gym or you have to go to sleep. Whenever the market breaks through this area it's
159:44 the market breaks through this area it's going to automatically enter you into
159:47 going to automatically enter you into the position with your pre-calculated
159:49 the position with your pre-calculated stop-loss with your pre-calculated
159:51 stop-loss with your pre-calculated take-profit. Everything is exactly the
159:53 take-profit. Everything is exactly the same. The only difference is that you
159:55 same. The only difference is that you are literally just placing price
159:57 are literally just placing price whenever and if price ever gets there,
159:59 whenever and if price ever gets there, it's going to enter it automatically for
160:01 it's going to enter it automatically for you. That's pretty much it. When it
160:03 you. That's pretty much it. When it comes to a sell stop, it's the exact
160:05 comes to a sell stop, it's the exact same thing, but just to the downside.
160:07 same thing, but just to the downside. Let's say you want to sell this market,
160:08 Let's say you want to sell this market, but you don't want to sell this market
160:10 but you don't want to sell this market right here, and you see yourself that
160:12 right here, and you see yourself that you're going to be having a long day at
160:14 you're going to be having a long day at work or a long day outside of the
160:16 work or a long day outside of the office, but you know, once price breaks
160:18 office, but you know, once price breaks this area, you would be interested in
160:20 this area, you would be interested in executing the position. Okay, cool. So
160:23 executing the position. Okay, cool. So you just simply place a sell stop and as
160:26 you just simply place a sell stop and as soon as price is below that current
160:29 soon as price is below that current price and that's where you're going to
160:30 price and that's where you're going to be immediately entered into the position
160:33 be immediately entered into the position as if you were to be executing the
160:34 as if you were to be executing the market at that point. And then you have
160:36 market at that point. And then you have what is called a sell limit and a buy
160:38 what is called a sell limit and a buy limit. So it's an order placed above the
160:41 limit. So it's an order placed above the current market price anticipating that
160:43 current market price anticipating that it's going to fall. And a buy limit is
160:45 it's going to fall. And a buy limit is basically you're placing a limit below
160:47 basically you're placing a limit below the current market price while the
160:49 the current market price while the market and you're anticipating for it to
160:51 market and you're anticipating for it to rise. So let's say at this price right
160:53 rise. So let's say at this price right here, you want to go ahead and you want
160:55 here, you want to go ahead and you want to place a sell limit. Now for you to
160:58 to place a sell limit. Now for you to place this sell limit, let's say you
161:00 place this sell limit, let's say you want price to get to this point right
161:02 want price to get to this point right here. Let's say you want market to get
161:04 here. Let's say you want market to get to 88.277.
161:07 to 88.277. Once price gets to this area right here,
161:10 Once price gets to this area right here, you're going to enter the market as a
161:12 you're going to enter the market as a sell. So let's say you identify this to
161:14 sell. So let's say you identify this to be a very strong level of resistance.
161:16 be a very strong level of resistance. Whenever the market gets there, you want
161:18 Whenever the market gets there, you want to be immediately entered into a sell.
161:20 to be immediately entered into a sell. Once again, you predetermine your stop
161:22 Once again, you predetermine your stop loss. You predetermine your takeprofit.
161:24 loss. You predetermine your takeprofit. You just see yourself that you're going
161:25 You just see yourself that you're going to be busy and you can't place the limit
161:26 to be busy and you can't place the limit and it places it for you. The buy limit
161:29 and it places it for you. The buy limit is pretty much the same. It's just vice
161:31 is pretty much the same. It's just vice versa. So, let's say you don't want to
161:33 versa. So, let's say you don't want to buy right here because it is way too
161:34 buy right here because it is way too high and you want the market to buy at
161:36 high and you want the market to buy at this point right here. You see price is
161:38 this point right here. You see price is going to have a reaction from this area
161:41 going to have a reaction from this area from we're going to double click this
161:42 from we're going to double click this area. It's going to be 87.723.
161:45 area. It's going to be 87.723. Okay, cool. So, whenever price makes it
161:47 Okay, cool. So, whenever price makes it to this area and if it has a dip down
161:49 to this area and if it has a dip down into this area, it's going to
161:51 into this area, it's going to automatically enter you into the buy
161:53 automatically enter you into the buy position. Let's say the market continues
161:55 position. Let's say the market continues to go down. Well, you entered the market
161:58 to go down. Well, you entered the market at that position. That's why I don't
161:59 at that position. That's why I don't like using these pending orders because
162:02 like using these pending orders because the momentum coming into these zones
162:04 the momentum coming into these zones could be very strong. And if you were
162:06 could be very strong. And if you were just to be watching the market live, you
162:08 just to be watching the market live, you could probably avoid a loss because
162:10 could probably avoid a loss because price can come very strong into this
162:12 price can come very strong into this area and within the same candlestick or
162:14 area and within the same candlestick or within the same minute go straight to
162:16 within the same minute go straight to your stop loss. And just because you
162:18 your stop loss. And just because you entered it off of a specific zone, you
162:20 entered it off of a specific zone, you simply got stopped out. But if you were
162:22 simply got stopped out. But if you were probably watching the market live as it
162:24 probably watching the market live as it was having that deep retracement, you'd
162:26 was having that deep retracement, you'd probably be like, you know what, I'm
162:28 probably be like, you know what, I'm going to wait for this momentum to slow
162:29 going to wait for this momentum to slow down a little bit to see if I can get a
162:31 down a little bit to see if I can get a better entry. and then there you can
162:33 better entry. and then there you can potentially avoid a a loss or even get a
162:36 potentially avoid a a loss or even get a better entry all the way down here.
162:38 better entry all the way down here. Instead of using these pending order
162:39 Instead of using these pending order limits that basically execute the trade
162:41 limits that basically execute the trade for you, I would much rather use my
162:43 for you, I would much rather use my alarms. So, I put an alarm at these
162:45 alarms. So, I put an alarm at these specific areas and once price gets
162:47 specific areas and once price gets there, I will then be looking at the
162:49 there, I will then be looking at the market to see if I'm interested in
162:51 market to see if I'm interested in executing the trade. Now, I did this
162:53 executing the trade. Now, I did this while I was working at Dunkin Donuts. I
162:54 while I was working at Dunkin Donuts. I worked at Dunkin Donuts for a couple of
162:56 worked at Dunkin Donuts for a couple of years and I had multiple different jobs
162:58 years and I had multiple different jobs and at no point did I put these limit
163:01 and at no point did I put these limit orders as the decision maker to enter
163:04 orders as the decision maker to enter the trade for me. I wanted to make sure
163:05 the trade for me. I wanted to make sure that I am entering the trade based off
163:08 that I am entering the trade based off of a real confluence that I am actually
163:10 of a real confluence that I am actually having. At no point did I want to enter
163:12 having. At no point did I want to enter the trade just based off of momentum.
163:15 the trade just based off of momentum. And if that doesn't make sense right
163:16 And if that doesn't make sense right now, don't worry. I'm going to be
163:17 now, don't worry. I'm going to be explaining all that later when we
163:18 explaining all that later when we actually get into the actual strategy.
163:20 actually get into the actual strategy. But that is exactly what these limit
163:22 But that is exactly what these limit orders are and pretty much how they
163:24 orders are and pretty much how they work. And then the only difference in
163:26 work. And then the only difference in between a buy stop limits and then a
163:28 between a buy stop limits and then a sell stop limit is that you can pretty
163:30 sell stop limit is that you can pretty much just place it limits at these types
163:33 much just place it limits at these types of orders. So you can either place a
163:35 of orders. So you can either place a sell limit or a buy limit or you can
163:37 sell limit or a buy limit or you can place a limit on these orders as well.
163:39 place a limit on these orders as well. Pretty much the same thing. You're just
163:41 Pretty much the same thing. You're just setting different limits. But I can
163:42 setting different limits. But I can guarantee you if you want to use my
163:44 guarantee you if you want to use my profitable strategy and everything I'm
163:45 profitable strategy and everything I'm going to be teaching you inside of this
163:47 going to be teaching you inside of this video and every other video that I've
163:48 video and every other video that I've created, at no point do I ever use any
163:51 created, at no point do I ever use any of these right here. But I do have to
163:52 of these right here. But I do have to educate you on it because sometimes
163:54 educate you on it because sometimes temptation might be there just in case
163:56 temptation might be there just in case if you are busy and you want to just
163:58 if you are busy and you want to just place a limit in the event that you know
164:00 place a limit in the event that you know you're not going to be in front of the
164:01 you're not going to be in front of the markets. I think it's just a lot. Okay,
164:02 markets. I think it's just a lot. Okay, so now that you guys understand exactly
164:04 so now that you guys understand exactly how a buy stop and a sell stop works.
164:07 how a buy stop and a sell stop works. You guys understand a buy stop was when
164:09 You guys understand a buy stop was when it breaks through, sell stop when it
164:10 it breaks through, sell stop when it breaks through, and how these limit
164:11 breaks through, and how these limit orders work, let me actually just go
164:13 orders work, let me actually just go ahead and show you over here back on
164:15 ahead and show you over here back on Metatrigger 5 once again. Right? So here
164:17 Metatrigger 5 once again. Right? So here we have our 100 bucks that we just
164:18 we have our 100 bucks that we just deposited. We're going to go back over
164:20 deposited. We're going to go back over to the currency market. So let's say for
164:23 to the currency market. So let's say for example, we want to go ahead and trade
164:25 example, we want to go ahead and trade EuroUSD. Right? So we click on this
164:28 EuroUSD. Right? So we click on this trade button for us to actually execute
164:29 trade button for us to actually execute the trade. Now once again just taking a
164:32 the trade. Now once again just taking a quick step back on this EuroUSD trade.
164:34 quick step back on this EuroUSD trade. If you click on chart the chart will pop
164:36 If you click on chart the chart will pop up. If on the EuroUSD trade we click
164:39 up. If on the EuroUSD trade we click details details will pop up. And then if
164:41 details details will pop up. And then if you were to click on statistics
164:43 you were to click on statistics statistics will pop up. The only button
164:45 statistics will pop up. The only button that we will ever really be using is
164:47 that we will ever really be using is just going to be the trade button. So we
164:49 just going to be the trade button. So we can go ahead and click the trade button.
164:51 can go ahead and click the trade button. So we want to make sure that we are
164:52 So we want to make sure that we are going to do a instant execution on this
164:55 going to do a instant execution on this market. So we can execute the trade
164:57 market. So we can execute the trade right now where the market is at this
164:59 right now where the market is at this point. So if I were to go ahead and take
165:02 point. So if I were to go ahead and take you to the EuroUSD chart. So from the
165:04 you to the EuroUSD chart. So from the last time that we spoke, the market has
165:06 last time that we spoke, the market has moved a bit. So this market right now on
165:10 moved a bit. So this market right now on EuroUSD is for example, let's say at
165:13 EuroUSD is for example, let's say at this area right around over here. So if
165:16 this area right around over here. So if we would have actually entered the trade
165:18 we would have actually entered the trade where I placed it last week when I was
165:20 where I placed it last week when I was recording this video, we would have
165:22 recording this video, we would have actually won this trade. This would have
165:23 actually won this trade. This would have been a beautiful win from the market
165:24 been a beautiful win from the market where we were actually executing the
165:26 where we were actually executing the trade. But we're up over here now,
165:28 trade. But we're up over here now, right? So, this trade is having some
165:29 right? So, this trade is having some pretty pretty clean momentum and say you
165:31 pretty pretty clean momentum and say you want to buy this market. So, we're going
165:32 want to buy this market. So, we're going to go ahead and go to MetaTrader 5.
165:35 to go ahead and go to MetaTrader 5. We're just going to put a 0.01, which is
165:38 We're just going to put a 0.01, which is the smallest lot size that you can
165:39 the smallest lot size that you can possibly put. And we're just going to
165:41 possibly put. And we're just going to put market execution. Let's say we want
165:43 put market execution. Let's say we want to buy this trade at this point right
165:45 to buy this trade at this point right here. Let's put our stop loss very tight
165:47 here. Let's put our stop loss very tight at this point. And let's put our takerit
165:49 at this point. And let's put our takerit very tight to this point right here. So,
165:51 very tight to this point right here. So, our stop loss is 1.18001.
165:59 But our stop loss 1.18001 [Music]
166:00 [Music] and our takerit is going to be 1.18
166:04 and our takerit is going to be 1.18 1.18308
166:10 and we simply just click buy and that's it. We're into the market now. As you
166:12 it. We're into the market now. As you can see as soon as we enter the market
166:13 can see as soon as we enter the market we are in some draw down in this
166:15 we are in some draw down in this position. Now this position is once
166:17 position. Now this position is once again is in draw down because we are
166:19 again is in draw down because we are obviously having a cost to enter this
166:22 obviously having a cost to enter this trade which we are having some fee some
166:24 trade which we are having some fee some spread and as you can tell that fee in
166:27 spread and as you can tell that fee in that spread it pretty much was already
166:28 that spread it pretty much was already gone because the trade is in momentum
166:30 gone because the trade is in momentum and we're going into profit and once you
166:32 and we're going into profit and once you start making profit those fees are
166:34 start making profit those fees are pretty much you don't even see them
166:35 pretty much you don't even see them anymore right so this trade right here
166:37 anymore right so this trade right here if you were to want to close it you can
166:39 if you were to want to close it you can just tap on it and you can click close
166:41 just tap on it and you can click close position you can modify position go to
166:44 position you can modify position go to chart or click on bulk operations. Right
166:47 chart or click on bulk operations. Right here, you can see your exact stop-loss
166:49 here, you can see your exact stop-loss once again to the bottom left corner of
166:50 once again to the bottom left corner of this pop-up tab. You can then see your
166:52 this pop-up tab. You can then see your takerit, the time, and the swap. The
166:55 takerit, the time, and the swap. The swap is the cost for you holding the
166:57 swap is the cost for you holding the position overnight or over the weekend.
167:00 position overnight or over the weekend. And the fee of that would just pop up
167:02 And the fee of that would just pop up there. So, you have an idea on how much
167:03 there. So, you have an idea on how much actual profit you are in this position.
167:06 actual profit you are in this position. So, at this very moment, once you enter
167:09 So, at this very moment, once you enter a trade, you pretty much just have to
167:10 a trade, you pretty much just have to set and forget and let the trade do its
167:12 set and forget and let the trade do its thing. You either let the trade hit your
167:14 thing. You either let the trade hit your stop loss or let the trade hit your
167:15 stop loss or let the trade hit your takeprofit. Now, later on into this
167:17 takeprofit. Now, later on into this video when I'm I'm going to actually
167:18 video when I'm I'm going to actually teach you a strategy on how you actually
167:20 teach you a strategy on how you actually exe execute these trades at the right
167:21 exe execute these trades at the right areas. You're going to know when exactly
167:23 areas. You're going to know when exactly to enter and how to manage your trade
167:25 to enter and how to manage your trade because a lot of traders, they maybe
167:27 because a lot of traders, they maybe know how to analyze the markets. But the
167:29 know how to analyze the markets. But the reason why they're not profitable is
167:30 reason why they're not profitable is because they don't know how to properly
167:32 because they don't know how to properly manage a trade. And I want to educate
167:33 manage a trade. And I want to educate you guys on different ways of actual
167:35 you guys on different ways of actual trading first before you actually know
167:37 trading first before you actually know how to manage a trade. because you first
167:39 how to manage a trade. because you first need to learn how to trade before you
167:41 need to learn how to trade before you can learn how to manage it. And while
167:43 can learn how to manage it. And while me, I was just talking and explaining
167:44 me, I was just talking and explaining that, you can just see how we went from
167:46 that, you can just see how we went from being negative 20 cents to pretty much
167:48 being negative 20 cents to pretty much now being break even or positive 2 to 3
167:50 now being break even or positive 2 to 3 cents. Now, if I were to want to close
167:52 cents. Now, if I were to want to close this position, all I would have to do
167:54 this position, all I would have to do once again is just click on that close.
167:56 once again is just click on that close. Click on the tab of the actual trade. I
167:58 Click on the tab of the actual trade. I could go ahead and click close. And at
168:00 could go ahead and click close. And at this point, I would just click close,
168:02 this point, I would just click close, that orange bar that has just popped up
168:04 that orange bar that has just popped up there, and it would say you would close
168:06 there, and it would say you would close with 13 cents in a loss. Now, if you
168:08 with 13 cents in a loss. Now, if you don't want to close in a loss, you can
168:09 don't want to close in a loss, you can just wait. And if you want to modify
168:11 just wait. And if you want to modify your position, you can just click on
168:13 your position, you can just click on modify. And let's say for whatever
168:14 modify. And let's say for whatever reason, you want to open your stop loss
168:16 reason, you want to open your stop loss and make it a little bit bigger, you can
168:18 and make it a little bit bigger, you can just simply modify your stop loss. So,
168:20 just simply modify your stop loss. So, let's say you want your stop loss to be
168:21 let's say you want your stop loss to be 1.17966.
168:26 All you have to do is click modify and you come here modify 1.17966
168:34 and then you just click modify and then you stay in the exact same position. You
168:36 you stay in the exact same position. You just simply modify your take profit.
168:38 just simply modify your take profit. Let's say once again you want to modify
168:40 Let's say once again you want to modify your your stop loss. Let's say you want
168:41 your your stop loss. Let's say you want to modify your takeprofit to this area
168:43 to modify your takeprofit to this area over here. Cool. Not a problem. You
168:46 over here. Cool. Not a problem. You simply get this and now your new take
168:48 simply get this and now your new take profit is 1.1413.
168:53 It's always good to double triple check because these numbers literally
168:55 because these numbers literally determine your profits. Click modify and
168:58 determine your profits. Click modify and now your trade is modified. You don't
169:00 now your trade is modified. You don't get moved into the position. You don't
169:02 get moved into the position. You don't get entered into a new position. You are
169:03 get entered into a new position. You are just simply modifying your position
169:05 just simply modifying your position after you have entered it. So this right
169:07 after you have entered it. So this right here is every single button that you're
169:09 here is every single button that you're really going to be using when it comes
169:11 really going to be using when it comes to the MetaTrader 5. Once you're in the
169:13 to the MetaTrader 5. Once you're in the position, once you click on trade, it
169:16 position, once you click on trade, it could just give you the option to add
169:18 could just give you the option to add another position. If you were to click
169:20 another position. If you were to click chart, it's going to take you to the
169:22 chart, it's going to take you to the actual chart on MetaTrader 5. Just so
169:24 actual chart on MetaTrader 5. Just so you can actually see where your stop
169:26 you can actually see where your stop loss is on the chart, which would be at
169:28 loss is on the chart, which would be at this area right here. Gives you a real
169:30 this area right here. Gives you a real representation of where it is. And then
169:32 representation of where it is. And then where your takerit is, it gives you a
169:33 where your takerit is, it gives you a real representation of where it is. If
169:35 real representation of where it is. If you were to click bulk operations, if
169:37 you were to click bulk operations, if let's say you were to have many
169:38 let's say you were to have many positions available, this would enter
169:40 positions available, this would enter you in all of these positions at the
169:42 you in all of these positions at the same time. So let's say I agree to the
169:44 same time. So let's say I agree to the terms and conditions. I click on bulk
169:46 terms and conditions. I click on bulk operations. I can close all positions.
169:48 operations. I can close all positions. close all losing positions, close all
169:50 close all losing positions, close all buys in position, close. It just depends
169:52 buys in position, close. It just depends how many positions you have open. You
169:54 how many positions you have open. You can customize the execution that you
169:56 can customize the execution that you want to do at this point. Personally,
169:57 want to do at this point. Personally, myself, whenever I actually go close a
169:59 myself, whenever I actually go close a position, I usually tend to have
170:01 position, I usually tend to have multiple lots open simply because I have
170:04 multiple lots open simply because I have a lot of trades at the same time, I just
170:06 a lot of trades at the same time, I just click close all positions and it'll
170:08 click close all positions and it'll close them all at the exact same time. I
170:10 close them all at the exact same time. I don't have to go manually one by one and
170:12 don't have to go manually one by one and then click close. It just saves me about
170:15 then click close. It just saves me about 10 seconds. That's really it. So that's
170:18 10 seconds. That's really it. So that's pretty much every single feature when it
170:20 pretty much every single feature when it comes to this MetaTrader 5. The last one
170:21 comes to this MetaTrader 5. The last one and most creative one is I say you want
170:24 and most creative one is I say you want to not close the whole entire position.
170:26 to not close the whole entire position. Let's say you want to close partial. Now
170:28 Let's say you want to close partial. Now this would only work if we were to be in
170:29 this would only work if we were to be in this position for more than 0.01 lots.
170:33 this position for more than 0.01 lots. For example, let's say we would be in
170:35 For example, let's say we would be in this position 0.10
170:38 this position 0.10 and you want to close half of your
170:40 and you want to close half of your position. You can simply come into here
170:41 position. You can simply come into here and close 0.05 05 and then you click
170:45 and close 0.05 05 and then you click close and then you would be closing 50%
170:48 close and then you would be closing 50% of your position. So this is every
170:50 of your position. So this is every single feature that it comes to actually
170:52 single feature that it comes to actually executing a trade with straight market
170:55 executing a trade with straight market execution. Let's say you want to enter a
170:57 execution. Let's say you want to enter a trade and then you actually have a buy
170:59 trade and then you actually have a buy limit for example. So let's say we we
171:02 limit for example. So let's say we we want to have a buy limit on this market
171:03 want to have a buy limit on this market and we want the limit to be based off of
171:05 and we want the limit to be based off of this area right here. So for now let's
171:07 this area right here. So for now let's get rid of this risk-to-reward tool. We
171:09 get rid of this risk-to-reward tool. We want to enter the market once the market
171:11 want to enter the market once the market hits this price point right here. So
171:13 hits this price point right here. So that's going to be
171:16 that's going to be the entry price is 1.18120.
171:20 the entry price is 1.18120. So price will be 1.18120.
171:30 Stop loss is going to be 1.1 7879.
171:33 7879. And then your takerit is going to be 1.8
171:36 And then your takerit is going to be 1.8 28
171:38 28 361.
171:40 361. All you have to do is just simply click
171:42 All you have to do is just simply click place. And that is it. So now, as you
171:45 place. And that is it. So now, as you can tell, you're not in profit or in
171:47 can tell, you're not in profit or in draw down. What you have placed is a
171:50 draw down. What you have placed is a market execution. So once the market
171:52 market execution. So once the market comes into this area, it will
171:53 comes into this area, it will automatically enter the position while
171:55 automatically enter the position while you're anticipating for it to go up. It
171:57 you're anticipating for it to go up. It could come into this area and then keep
171:58 could come into this area and then keep continue going to the downside, but just
172:00 continue going to the downside, but just depends on the type of order that you
172:01 depends on the type of order that you have placed, it will execute you into
172:03 have placed, it will execute you into that market. This right here is great
172:05 that market. This right here is great for people once again that aren't
172:07 for people once again that aren't available to be in front of the markets
172:08 available to be in front of the markets all of the time. And if for whatever
172:10 all of the time. And if for whatever reason after you place the limit, it's
172:12 reason after you place the limit, it's been hours and the trade hasn't been
172:14 been hours and the trade hasn't been executed, all you simply have to do is
172:16 executed, all you simply have to do is click it and you can delete the order
172:19 click it and you can delete the order that you have placed or you can modify.
172:22 that you have placed or you can modify. You can either change your stop-loss,
172:24 You can either change your stop-loss, you can change your entry price, change
172:26 you can change your entry price, change your takerit or you can just delete it
172:28 your takerit or you can just delete it as a whole. So if you were to delete it,
172:30 as a whole. So if you were to delete it, you just click on the delete button.
172:32 you just click on the delete button. It's going to give you the confirmation
172:33 It's going to give you the confirmation and then you go to the history tab and
172:35 and then you go to the history tab and on the history tab it should pop up like
172:37 on the history tab it should pop up like an order that you had in in the past or
172:40 an order that you had in in the past or no since it was in a position it won't
172:42 no since it was in a position it won't pop up when you actually close a
172:44 pop up when you actually close a position like this one. Let's say we
172:45 position like this one. Let's say we close it right now at 50 cents in a
172:47 close it right now at 50 cents in a loss. We can see it over here how this
172:49 loss. We can see it over here how this was a position that we entered and how
172:51 was a position that we entered and how it has actually closed. So this right
172:54 it has actually closed. So this right here is pretty much every single feature
172:56 here is pretty much every single feature inside of MetaTrader 5. And when you go
172:58 inside of MetaTrader 5. And when you go withdraw your funds from MetaTrader 5,
173:00 withdraw your funds from MetaTrader 5, you don't actually withdraw your funds
173:02 you don't actually withdraw your funds from MetaTrader 5. You withdraw it from
173:04 from MetaTrader 5. You withdraw it from the broker that you are going to be
173:06 the broker that you are going to be trading. And then that broker will
173:08 trading. And then that broker will reflect that price on the actual
173:10 reflect that price on the actual MetaTrader 5. And now, for example,
173:12 MetaTrader 5. And now, for example, let's say that we want to go ahead and
173:13 let's say that we want to go ahead and withdraw our $99, right? Because we lost
173:16 withdraw our $99, right? Because we lost the position, we're not happy about it,
173:17 the position, we're not happy about it, and we just want to get the money back.
173:19 and we just want to get the money back. You can't withdraw Metatrader 5.
173:20 You can't withdraw Metatrader 5. Metatrader 5 is not the broker. You need
173:22 Metatrader 5 is not the broker. You need to make sure that you go to the broker
173:24 to make sure that you go to the broker so you can go ahead and actually
173:25 so you can go ahead and actually withdraw your funds. So remember
173:28 withdraw your funds. So remember MetaTrader 5 is the platform where you
173:30 MetaTrader 5 is the platform where you are going to execute the position.
173:32 are going to execute the position. Anything related to the money in or out
173:34 Anything related to the money in or out of the actual platform is going to be on
173:37 of the actual platform is going to be on the broker. So the money is reflected on
173:40 the broker. So the money is reflected on MetaTrader 5 for you to actually place
173:42 MetaTrader 5 for you to actually place the trades. But when you want to
173:44 the trades. But when you want to withdraw the money, you have to go back
173:45 withdraw the money, you have to go back to the broker and request the withdraw
173:48 to the broker and request the withdraw from the broker. Once you withdraw the
173:50 from the broker. Once you withdraw the funds, it's going to reflect on
173:52 funds, it's going to reflect on MetaTrader 5. And then from there,
173:54 MetaTrader 5. And then from there, you're going to go ahead and do whatever
173:55 you're going to go ahead and do whatever with the funds once you have withdrawn
173:57 with the funds once you have withdrawn them. But MetaTrader 5 never has your
173:58 them. But MetaTrader 5 never has your funds. They don't get access to your
174:00 funds. They don't get access to your funds. They're just a a platform that
174:01 funds. They're just a a platform that just shows the trades and shows the
174:04 just shows the trades and shows the profit and loss pretty much. But where
174:06 profit and loss pretty much. But where the funds actually are are within the
174:09 the funds actually are are within the broker that you're going to be using,
174:10 broker that you're going to be using, whether it be 1x trade or it be LQ
174:13 whether it be 1x trade or it be LQ Markets. So, with that being said, that
174:15 Markets. So, with that being said, that is pretty much everything when it comes
174:16 is pretty much everything when it comes to market orders, uh, and how to
174:19 to market orders, uh, and how to actually take a trade, how to place
174:21 actually take a trade, how to place these orders, every single feature
174:22 these orders, every single feature inside of MetaTrader 4, Metatrader 5.
174:24 inside of MetaTrader 4, Metatrader 5. Now, I want to get into actual types of
174:27 Now, I want to get into actual types of trading. I want to educate you guys on
174:29 trading. I want to educate you guys on fundamental trading. I want to educate
174:31 fundamental trading. I want to educate you guys on technical trading and how I
174:33 you guys on technical trading and how I personally do it. So, within this video,
174:35 personally do it. So, within this video, you guys can go ahead and actually start
174:37 you guys can go ahead and actually start to begin executing trades by the end of
174:39 to begin executing trades by the end of it. Now, if you guys aren't subscribed,
174:41 it. Now, if you guys aren't subscribed, make sure you guys hit that subscribe
174:42 make sure you guys hit that subscribe button. This is one of the many videos
174:44 button. This is one of the many videos that I'm being created for you guys. So,
174:46 that I'm being created for you guys. So, if you guys aren't subscribed to the
174:47 if you guys aren't subscribed to the channel, you're going to be missing out
174:48 channel, you're going to be missing out on a bunch of videos, including other
174:50 on a bunch of videos, including other valuable ones like this one. So, hit
174:51 valuable ones like this one. So, hit that subscribe button. It doesn't cost
174:52 that subscribe button. It doesn't cost you anything. And personally, I believe
174:54 you anything. And personally, I believe this is going to be one of the best
174:56 this is going to be one of the best videos that you're going to have in
174:57 videos that you're going to have in order for you to learn trading from zero
174:59 order for you to learn trading from zero to 100. So, with that being said, let's
175:01 to 100. So, with that being said, let's continue. So, now that you understand
175:03 continue. So, now that you understand all that, let's move on to our next
175:05 all that, let's move on to our next subject, which is going to be
175:07 subject, which is going to be fundamental analysis. Now, before I get
175:09 fundamental analysis. Now, before I get into fundamental analysis, we already
175:11 into fundamental analysis, we already know what technical analysis is. This is
175:13 know what technical analysis is. This is when for you to determine if you want to
175:15 when for you to determine if you want to buy or sell the market. You're going to
175:16 buy or sell the market. You're going to focus your analysis on the candlesticks,
175:19 focus your analysis on the candlesticks, on price action, which you're going to
175:21 on price action, which you're going to be reading the candles. You're you're
175:22 be reading the candles. You're you're going to be reading the candlesticks
175:23 going to be reading the candlesticks going to the upside or to the downside.
175:25 going to the upside or to the downside. That's where you're going to make a
175:26 That's where you're going to make a decision whether you want to buy or sell
175:29 decision whether you want to buy or sell the market. It's all going to be based
175:30 the market. It's all going to be based off of reading the charts, reading the
175:33 off of reading the charts, reading the candlesticks, reading technical
175:35 candlesticks, reading technical analysis, price action. It's all the
175:36 analysis, price action. It's all the same thing for you to determine if you
175:38 same thing for you to determine if you want to buy or sell the market based off
175:40 want to buy or sell the market based off of technical analysis, price action, or
175:42 of technical analysis, price action, or candlesticks. This is what it's going to
175:44 candlesticks. This is what it's going to be. Now, let's say you want to base your
175:47 be. Now, let's say you want to base your trade, if you want to buy or sell the
175:49 trade, if you want to buy or sell the market off of fundamental analysis. This
175:51 market off of fundamental analysis. This is focused on when you read the
175:53 is focused on when you read the underlying articles of either a company
175:56 underlying articles of either a company that can directly reflect the price of a
175:58 that can directly reflect the price of a currency, the underlying writing of a
176:01 currency, the underlying writing of a economy on a country, a news event or
176:03 economy on a country, a news event or just the economy as a whole of the
176:06 just the economy as a whole of the country that directly reflects on the
176:07 country that directly reflects on the currency. So fundamental analysis
176:10 currency. So fundamental analysis trading is exactly what it is. You are
176:12 trading is exactly what it is. You are reading the fundamentals in order for
176:14 reading the fundamentals in order for you to determine if you are interested
176:16 you to determine if you are interested in entering a buy or entering a sell.
176:19 in entering a buy or entering a sell. You're basically going to go out there
176:20 You're basically going to go out there and find different articles of a certain
176:23 and find different articles of a certain country and see the previous times that
176:26 country and see the previous times that articles similar to this reflected the
176:28 articles similar to this reflected the price. And then there you're going to
176:29 price. And then there you're going to determine if it's a good time to buy or
176:31 determine if it's a good time to buy or if a good time to sell. At no point do
176:33 if a good time to sell. At no point do you ever go to the actual technical
176:35 you ever go to the actual technical charts for you to determine if you want
176:37 charts for you to determine if you want to buy or sell the market. That's what
176:39 to buy or sell the market. That's what technical trading is for. So fundamental
176:41 technical trading is for. So fundamental analysis traders are a bit more on the
176:44 analysis traders are a bit more on the higher time frames because they're just
176:46 higher time frames because they're just using the overall direction of where the
176:49 using the overall direction of where the economy should be going and then they
176:51 economy should be going and then they make the decision based off of that. For
176:53 make the decision based off of that. For example, if they cut interest rates, the
176:55 example, if they cut interest rates, the dollar should get stronger or weaker. Or
176:57 dollar should get stronger or weaker. Or if they start printing more money, the
176:58 if they start printing more money, the dollar gets stronger or weaker and then
177:00 dollar gets stronger or weaker and then they base their trade off of that. Now,
177:02 they base their trade off of that. Now, this is a lot more long-term way of
177:04 this is a lot more long-term way of trading. But some traders have gotten
177:07 trading. But some traders have gotten very creative and they've combined both
177:09 very creative and they've combined both of these as a whole. So they will do
177:12 of these as a whole. So they will do their main technical analysis off of
177:14 their main technical analysis off of price action and then as they're going
177:16 price action and then as they're going to go into the trade, they go and check
177:18 to go into the trade, they go and check out if there is certain fundamental
177:20 out if there is certain fundamental analysis or certain fundamentals coming
177:22 analysis or certain fundamentals coming out to see if it can add a certain
177:24 out to see if it can add a certain confluence to the trade. For example,
177:26 confluence to the trade. For example, let's say we would be using Forex
177:28 let's say we would be using Forex Factory as one of these examples. Right
177:29 Factory as one of these examples. Right now it's Wednesday, September 17th. And
177:32 now it's Wednesday, September 17th. And at the time of us trading today at 2:00
177:35 at the time of us trading today at 2:00 in the morning, there was going to be
177:36 in the morning, there was going to be well, tomorrow at 2:00 in the morning,
177:38 well, tomorrow at 2:00 in the morning, there's going to be GBP news. And let's
177:41 there's going to be GBP news. And let's say, for example, that I'm interested in
177:42 say, for example, that I'm interested in trading the Great British pound. I can
177:44 trading the Great British pound. I can go ahead and look into this news
177:46 go ahead and look into this news article. And this is going to have
177:49 article. And this is going to have everything is this is basically
177:50 everything is this is basically everything that the forecast is going to
177:52 everything that the forecast is going to potentially be. These are the other
177:53 potentially be. These are the other dates that it's had a very similar news
177:56 dates that it's had a very similar news event to this day. This is what they
177:58 event to this day. This is what they forecasted. This is what it was
178:00 forecasted. This is what it was previously and this is what actually
178:01 previously and this is what actually happened. If you notice it was
178:03 happened. If you notice it was forecasted to be one point up. It was
178:05 forecasted to be one point up. It was actually two points up from the previous
178:07 actually two points up from the previous one. I'm sure that had a very minimal
178:09 one. I'm sure that had a very minimal impact in the market. If you want to go
178:11 impact in the market. If you want to go and verify that you can just go to this
178:13 and verify that you can just go to this date on any great British pound market
178:16 date on any great British pound market and then you can see if it actually had
178:18 and then you can see if it actually had some type of effect. The CPI news
178:21 some type of effect. The CPI news sometimes work. So they they sometimes
178:23 sometimes work. So they they sometimes do this, sometimes don't. Personally, in
178:24 do this, sometimes don't. Personally, in my opinion, from my last four years of
178:28 my opinion, from my last four years of really like doubling down and becoming a
178:30 really like doubling down and becoming a better trader, I'd say 80% of the time,
178:32 better trader, I'd say 80% of the time, the actual fundamentals, follow the
178:35 the actual fundamentals, follow the technical analysis. So, whatever you
178:37 technical analysis. So, whatever you properly understand with price action,
178:40 properly understand with price action, right? Cuz this is the big thing like
178:42 right? Cuz this is the big thing like you need to properly know how to read
178:44 you need to properly know how to read price action. Now, I'm not saying you
178:46 price action. Now, I'm not saying you need to properly have a strategy for you
178:48 need to properly have a strategy for you to deter for you to have accuracy with
178:50 to deter for you to have accuracy with the news. No, that's that's not what I'm
178:52 the news. No, that's that's not what I'm saying. I'm saying if you know how to
178:54 saying. I'm saying if you know how to read price action, you can be a scalper,
178:57 read price action, you can be a scalper, a day trader, swing trader, you can be
178:58 a day trader, swing trader, you can be whatever type of trader, but as long as
179:00 whatever type of trader, but as long as you know how to read price action
179:02 you know how to read price action correctly, you can determine if
179:04 correctly, you can determine if something is bullish or bearish. The
179:05 something is bullish or bearish. The news 70% of the time will follow the
179:09 news 70% of the time will follow the trend of where the price action
179:11 trend of where the price action dictates. That is a simple fact right
179:13 dictates. That is a simple fact right now. I'm not saying if you have my
179:15 now. I'm not saying if you have my strategy or if you trade with my
179:16 strategy or if you trade with my strategy that the fundamentals will
179:18 strategy that the fundamentals will follow that strategy. No, no, no. I'm
179:21 follow that strategy. No, no, no. I'm not saying that. I'm just saying that
179:22 not saying that. I'm just saying that the fundamentals will follow the overall
179:24 the fundamentals will follow the overall trend of price action. And some people
179:27 trend of price action. And some people wrongfully analyze the trend. So
179:29 wrongfully analyze the trend. So fundamentals are just simply news events
179:31 fundamentals are just simply news events that come out every single day on each
179:34 that come out every single day on each currency. You have some news events like
179:36 currency. You have some news events like CPI. You have some new news events like
179:38 CPI. You have some new news events like BOC rate, overnight rates, press
179:41 BOC rate, overnight rates, press conferences, FOMC, which tends to be one
179:44 conferences, FOMC, which tends to be one of the biggest ones. Then we also have
179:46 of the biggest ones. Then we also have unemployment. We have NFP, official bank
179:48 unemployment. We have NFP, official bank rates. These are all different types of
179:51 rates. These are all different types of news events that affect the currency of
179:54 news events that affect the currency of that country. So for example, let's say
179:56 that country. So for example, let's say that I am interested in taking a trade
179:58 that I am interested in taking a trade on USDCHF or let's say US Euro USD for
180:02 on USDCHF or let's say US Euro USD for example on Wednesday like okay we do
180:05 example on Wednesday like okay we do have minor news events at 3:30 in the
180:07 have minor news events at 3:30 in the morning on the euro. H does it make
180:10 morning on the euro. H does it make sense to take the trade? Sure. Or you
180:11 sense to take the trade? Sure. Or you know what I want to sit on the side
180:13 know what I want to sit on the side because I don't know what the president
180:14 because I don't know what the president is going to say and it might affect the
180:16 is going to say and it might affect the currency very significantly. And let's
180:18 currency very significantly. And let's say I'm interested in taking the trade
180:20 say I'm interested in taking the trade at on, you know, Euro USD and I don't
180:22 at on, you know, Euro USD and I don't find the trade in the morning, in the
180:24 find the trade in the morning, in the afternoon. I say, okay, you know what?
180:25 afternoon. I say, okay, you know what? I'm going to use these news events in my
180:27 I'm going to use these news events in my favor. I'm going to use it to actually
180:28 favor. I'm going to use it to actually get out of the trade. Personally, in my
180:31 get out of the trade. Personally, in my experience from trading, I tried so hard
180:33 experience from trading, I tried so hard to figure this out and try to find a
180:35 to figure this out and try to find a potential edge on reading the market.
180:38 potential edge on reading the market. And the truth of the matter is that
180:40 And the truth of the matter is that there is no real edge. The news are
180:42 there is no real edge. The news are going to have their news event flashes
180:44 going to have their news event flashes no matter what. There's some events
180:46 no matter what. There's some events where they're going to have major moves
180:47 where they're going to have major moves to the upside, major moves to the
180:49 to the upside, major moves to the downside, and some like it's it just
180:52 downside, and some like it's it just it's going to do what it's going to do.
180:53 it's going to do what it's going to do. Whenever news events come out, the
180:56 Whenever news events come out, the brokers mark up their spreads and their
180:58 brokers mark up their spreads and their fees just because that's what goes down
181:00 fees just because that's what goes down in those news events. A lot of money
181:01 in those news events. A lot of money gets moved because the big banks and the
181:03 gets moved because the big banks and the big institutions, they get scared. They
181:05 big institutions, they get scared. They don't know if the federal funds rates
181:07 don't know if the federal funds rates are going to get cut in their favor or
181:10 are going to get cut in their favor or against them. And then based off of
181:11 against them. And then based off of that, they're going to move the money
181:13 that, they're going to move the money around, which in turn affects the
181:15 around, which in turn affects the liquidity that the brokers get, which
181:17 liquidity that the brokers get, which then they have to change and modify the
181:19 then they have to change and modify the spread. So then they aren't negative on
181:21 spread. So then they aren't negative on the business. It's just the news events
181:23 the business. It's just the news events are a whole mess, right? And so many
181:24 are a whole mess, right? And so many different things get moved around when
181:27 different things get moved around when these news events are happening. that is
181:29 these news events are happening. that is so much that is out of your control that
181:32 so much that is out of your control that in my opinion it just logically makes
181:34 in my opinion it just logically makes more sense to just focus on something
181:36 more sense to just focus on something that matters something that you can
181:38 that matters something that you can actually look at and you can see
181:40 actually look at and you can see patterns in the past and that's simply
181:42 patterns in the past and that's simply going to be the charts. If a news event
181:45 going to be the charts. If a news event comes out and it does this move, so be
181:47 comes out and it does this move, so be it. It's not going to be every single
181:49 it. It's not going to be every single day or every single week that you're
181:51 day or every single week that you're going to have a news event like this go
181:53 going to have a news event like this go in your favor or against your trade.
181:55 in your favor or against your trade. There's going to be weeks where it's
181:56 There's going to be weeks where it's going to be like this, a pretty big
181:57 going to be like this, a pretty big wick, and then it's going to go in your
181:59 wick, and then it's going to go in your favor or against your favor. It can
182:01 favor or against your favor. It can happen once or two times a month. It is
182:03 happen once or two times a month. It is what it is. It's part of the process.
182:04 what it is. It's part of the process. There's no way that I am going to modify
182:07 There's no way that I am going to modify my trading approach simply because of a
182:09 my trading approach simply because of a news event that actually has an impact
182:12 news event that actually has an impact one or two times a month. The best way
182:14 one or two times a month. The best way that I can put the analogies based off
182:16 that I can put the analogies based off of my experience and the way that I
182:17 of my experience and the way that I trade and how I'm going to teach you
182:18 trade and how I'm going to teach you right now is almost like if a real
182:20 right now is almost like if a real estate investor would were to be
182:22 estate investor would were to be investing into real estate, but
182:24 investing into real estate, but occasionally he cannot see certain
182:26 occasionally he cannot see certain pieces of real estate and it's just a
182:28 pieces of real estate and it's just a big mystery box. Now, as a real estate
182:30 big mystery box. Now, as a real estate investor, will you sometimes take the
182:32 investor, will you sometimes take the risk and buy this random mystery box?
182:34 risk and buy this random mystery box? Sure. But sometimes these mystery boxes
182:36 Sure. But sometimes these mystery boxes have good deals. Sometimes they have
182:38 have good deals. Sometimes they have terrible deals. But you're not going to
182:40 terrible deals. But you're not going to make your whole entire real estate
182:42 make your whole entire real estate investment based off of something that
182:44 investment based off of something that is blind, something that you can't see.
182:46 is blind, something that you can't see. You want to make sure that you can
182:47 You want to make sure that you can actually look at the patterns. You can
182:49 actually look at the patterns. You can see the same thing over and over again
182:50 see the same thing over and over again so you can actually make a strategy
182:52 so you can actually make a strategy based off of your approach. Now, is
182:54 based off of your approach. Now, is there some times where what's inside of
182:56 there some times where what's inside of this mystery box could be a great thing?
182:58 this mystery box could be a great thing? Yes. But I don't know about you, but if
183:00 Yes. But I don't know about you, but if I were to be a real estate investor, I
183:01 I were to be a real estate investor, I want to make sure that I can see my
183:03 want to make sure that I can see my property before I buy it. I want to make
183:05 property before I buy it. I want to make sure that I can go walk inside of it and
183:07 sure that I can go walk inside of it and I can at least have an idea of what I'm
183:08 I can at least have an idea of what I'm putting my money into. Now, if I were to
183:11 putting my money into. Now, if I were to go ahead and actually buy this real
183:13 go ahead and actually buy this real estate property, but one of the rooms
183:15 estate property, but one of the rooms inside of them happens to be a mystery
183:17 inside of them happens to be a mystery door and I don't know what's inside of
183:20 door and I don't know what's inside of that door. It could either be really
183:22 that door. It could either be really good or really bad for the property. At
183:24 good or really bad for the property. At least I have some type of context that
183:27 least I have some type of context that the overall property is good. I have an
183:29 the overall property is good. I have an idea that 70% 80% of the investment
183:33 idea that 70% 80% of the investment actually makes sense. And then the other
183:35 actually makes sense. And then the other percentage just simply is an add-on. If
183:38 percentage just simply is an add-on. If it's good, it's okay. And if it's not,
183:40 it's good, it's okay. And if it's not, it's still okay because I know that the
183:42 it's still okay because I know that the actual core base of the foundation of
183:44 actual core base of the foundation of the decision towards that investment was
183:46 the decision towards that investment was great. That's exactly what trading with
183:48 great. That's exactly what trading with fundamentals is. If you want to go ahead
183:51 fundamentals is. If you want to go ahead and take a decision just based off of
183:53 and take a decision just based off of the fundamentals, it's almost like a
183:55 the fundamentals, it's almost like a mystery box because you never really
183:57 mystery box because you never really know how these news events are go like
184:00 know how these news events are go like you never know what they're going to say
184:01 you never know what they're going to say and then nonetheless how the market is
184:03 and then nonetheless how the market is going to react to it. I've had many many
184:05 going to react to it. I've had many many times where I have had a lot of analysis
184:08 times where I have had a lot of analysis on a fundamentals and I have read it and
184:10 on a fundamentals and I have read it and I personally believe that the market was
184:12 I personally believe that the market was going to like I would have reacted a
184:14 going to like I would have reacted a certain way to those fundamentals but
184:16 certain way to those fundamentals but then the market reacted a completely
184:18 then the market reacted a completely different way. So, one thing is what I
184:21 different way. So, one thing is what I personally would do with that
184:22 personally would do with that information. Another thing is what the
184:23 information. Another thing is what the market would do. Or the other thing that
184:25 market would do. Or the other thing that you can do is potentially have your
184:27 you can do is potentially have your whole entire technical analysis, have
184:29 whole entire technical analysis, have your price action, and then just have a
184:31 your price action, and then just have a piece of it be a bit of a mystery. So,
184:32 piece of it be a bit of a mystery. So, like let's say I enter the trade at 1:00
184:34 like let's say I enter the trade at 1:00 in the afternoon, for example, and then
184:36 in the afternoon, for example, and then the news events are going to come out at
184:38 the news events are going to come out at 2. Okay, that can add to my trade or it
184:40 2. Okay, that can add to my trade or it can potentially make it worse. But what
184:42 can potentially make it worse. But what I guarantee you is that if you're making
184:43 I guarantee you is that if you're making a logical trade decision based off of
184:46 a logical trade decision based off of price action and you're following the
184:48 price action and you're following the strategy and you're actually executing
184:49 strategy and you're actually executing the trade with proper price action
184:51 the trade with proper price action analysis, the fundamentals the majority
184:53 analysis, the fundamentals the majority of the time is going to go in your
184:55 of the time is going to go in your favor. And trading the fundamentals
184:56 favor. And trading the fundamentals alone is simply going to be a
184:58 alone is simply going to be a neverending journey of you attempting to
185:00 neverending journey of you attempting to predict what is going to happen next and
185:03 predict what is going to happen next and how the market is going to react. Two
185:05 how the market is going to react. Two very, very, very big variables that are
185:07 very, very, very big variables that are completely out of your control and you
185:09 completely out of your control and you cannot see any patterns. And truthfully,
185:11 cannot see any patterns. And truthfully, in my opinion, I just think it's a lot
185:12 in my opinion, I just think it's a lot easier to actually have a very clear
185:14 easier to actually have a very clear vision of the type of investment that
185:16 vision of the type of investment that you're making with whatever type of
185:18 you're making with whatever type of trade that you're going to be taking. So
185:20 trade that you're going to be taking. So fundamental trading to me is just simply
185:22 fundamental trading to me is just simply a mystery box. And if you make a logical
185:25 a mystery box. And if you make a logical trade analysis decision, this is just
185:27 trade analysis decision, this is just simply going to be an added confluence
185:29 simply going to be an added confluence to it. But if you want to go ahead and
185:31 to it. But if you want to go ahead and dive into a rabbit hole when it comes to
185:33 dive into a rabbit hole when it comes to fundamentals, please go to f4
185:35 fundamentals, please go to f4 forexfactory.com. They've been around
185:37 forexfactory.com. They've been around for tens of years and they give you as
185:39 for tens of years and they give you as accurate as it's going to get to the
185:41 accurate as it's going to get to the information. They give you what they
185:43 information. They give you what they potentially believe it's going to be,
185:44 potentially believe it's going to be, what it was previously, and then after
185:46 what it was previously, and then after the event actually happens, what it
185:48 the event actually happens, what it actually was. But after it happens, it's
185:50 actually was. But after it happens, it's no good because the move has already
185:51 no good because the move has already happened in the market. You can't
185:53 happened in the market. You can't obviously go back into the past to enter
185:55 obviously go back into the past to enter your trade. Now, with that being said,
185:56 your trade. Now, with that being said, you understand how the fundamentals work
185:59 you understand how the fundamentals work and that it's just really a mystery box.
186:01 and that it's just really a mystery box. But you're probably asking me, "Okay,
186:02 But you're probably asking me, "Okay, Alex, so how does price action work? How
186:04 Alex, so how does price action work? How do I actually know if something is
186:06 do I actually know if something is bullish or bearish? How can I actually
186:08 bullish or bearish? How can I actually read and understand the market? So, I'm
186:09 read and understand the market? So, I'm going to be teaching you guys right now
186:11 going to be teaching you guys right now how to read the candlesticks, how to
186:13 how to read the candlesticks, how to read these patterns, how to identify if
186:15 read these patterns, how to identify if something is bullish or bearish, how to
186:17 something is bullish or bearish, how to do a proper top down analysis, what is
186:20 do a proper top down analysis, what is market structure, just everything when
186:21 market structure, just everything when it comes to this market that I'm going
186:24 it comes to this market that I'm going to be showing you guys right now. So,
186:26 to be showing you guys right now. So, this is where things are going to start
186:28 this is where things are going to start getting serious because once I actually
186:29 getting serious because once I actually teach you how market structure works,
186:31 teach you how market structure works, then I'm going to teach you the strategy
186:33 then I'm going to teach you the strategy on how you can actually execute the
186:35 on how you can actually execute the trades on this market. So, if there's a
186:36 trades on this market. So, if there's a moment to pay attention and to be locked
186:39 moment to pay attention and to be locked in and to actually be focused and be
186:41 in and to actually be focused and be ready to write down notes is going to be
186:43 ready to write down notes is going to be this. If you're driving, if you're at
186:45 this. If you're driving, if you're at work, if you're at an social event, if
186:48 work, if you're at an social event, if you're anywhere but in your office or
186:51 you're anywhere but in your office or wherever it is that you had and focus on
186:54 wherever it is that you had and focus on learning, stop this video and come back
186:56 learning, stop this video and come back when you're ready. It's just going to
186:57 when you're ready. It's just going to make more sense for you to rewatch the
186:59 make more sense for you to rewatch the video once you've already understood it
187:01 video once you've already understood it properly the first time rather than you
187:03 properly the first time rather than you just hearing it in the background and
187:05 just hearing it in the background and then you go ahead and hear it again and
187:07 then you go ahead and hear it again and then you have to go ahead and hear it
187:08 then you have to go ahead and hear it again. It's better if you pay attention
187:09 again. It's better if you pay attention the first time so everything connects
187:11 the first time so everything connects right from the start and you use your
187:13 right from the start and you use your time efficiently while you're learning.
187:15 time efficiently while you're learning. You don't want to just be having this in
187:17 You don't want to just be having this in the background for no reason, right? So,
187:18 the background for no reason, right? So, let's first start off with what is price
187:21 let's first start off with what is price action, right? So, price action is
187:24 action, right? So, price action is literally what you're looking at right
187:26 literally what you're looking at right here. Price action is all of these
187:27 here. Price action is all of these candlesticks going up and down. Price
187:29 candlesticks going up and down. Price action is these points where the market
187:32 action is these points where the market hits, it bounces from, and it bounces up
187:34 hits, it bounces from, and it bounces up and down. All of this right here is
187:37 and down. All of this right here is price action. Price action is when the
187:39 price action. Price action is when the market goes up and down. Now, price
187:42 market goes up and down. Now, price action can be reflected either in these
187:44 action can be reflected either in these candlestick formats or in the line chart
187:47 candlestick formats or in the line chart as you guys already know. Now, price
187:49 as you guys already know. Now, price action is what's going to tell you if
187:52 action is what's going to tell you if this market is bullish or bearish. So
187:55 this market is bullish or bearish. So price action pretty much equals the
187:58 price action pretty much equals the chart which equals
188:02 chart which equals the history which equals almost the
188:06 the history which equals almost the heartbeat or the fight. These are all
188:10 heartbeat or the fight. These are all the same exact thing. Price action is
188:13 the same exact thing. Price action is everything. Literally the whole entire
188:15 everything. Literally the whole entire market is based off of price action.
188:17 market is based off of price action. Price action is the candlesticks. It's
188:19 Price action is the candlesticks. It's price. It's the trail. It's the history.
188:22 price. It's the trail. It's the history. It's just like the market. It's almost
188:24 It's just like the market. It's almost like saying like the road for you to get
188:26 like saying like the road for you to get to one spot to the next area. Like what
188:29 to one spot to the next area. Like what gets you there is the road. What
188:31 gets you there is the road. What connects one place to another is the
188:33 connects one place to another is the road. The pavement, the concrete, the
188:36 road. The pavement, the concrete, the the signs, the the highways, all of that
188:39 the signs, the the highways, all of that is just at the end of the day the road.
188:42 is just at the end of the day the road. This is exactly what this is. This is
188:44 This is exactly what this is. This is the road to the market. This is the
188:46 the road to the market. This is the market leaving its trail. Price action
188:48 market leaving its trail. Price action is just literally everything. Now, price
188:51 is just literally everything. Now, price action can be seen in two different
188:54 action can be seen in two different ways. One, the line chart, or two, the
188:59 ways. One, the line chart, or two, the candlestick chart. Now, I know we
189:01 candlestick chart. Now, I know we already know that we're going to be
189:02 already know that we're going to be using both of these with one another.
189:05 using both of these with one another. And I'm almost going to teach you
189:07 And I'm almost going to teach you something to then go ahead and unteach
189:10 something to then go ahead and unteach it to you. Right? So price action is
189:13 it to you. Right? So price action is needed
189:15 needed to determine if the market
189:18 to determine if the market is bullish or bearish. The only way for
189:23 is bullish or bearish. The only way for you to understand, and you guys can go
189:25 you to understand, and you guys can go ahead and write this down. There's a lot
189:26 ahead and write this down. There's a lot of things that I'm going to say that I
189:28 of things that I'm going to say that I might not type, but you guys should
189:29 might not type, but you guys should definitely be writing it down. Is the
189:31 definitely be writing it down. Is the only way for you to determine if price
189:34 only way for you to determine if price action or the market or the chart or the
189:37 action or the market or the chart or the trend or whatever is bullish or bearish
189:40 trend or whatever is bullish or bearish is with the candlestick and the line
189:42 is with the candlestick and the line chart is with price action. The only way
189:45 chart is with price action. The only way for you to determine if the market is
189:47 for you to determine if the market is either in a bearish market or in a
189:51 either in a bearish market or in a bullish market is going to be with price
189:54 bullish market is going to be with price action. There is no other way that you
189:57 action. There is no other way that you can tell if the market is bullish or
189:58 can tell if the market is bullish or bearish without price action. The
190:00 bearish without price action. The fundamentals will never tell you if the
190:03 fundamentals will never tell you if the market is bullish or bearish. The
190:05 market is bullish or bearish. The indicators will never tell you if the
190:07 indicators will never tell you if the market is bullish or bearish. No
190:10 market is bullish or bearish. No crossover, no Ballinger bands, all these
190:14 crossover, no Ballinger bands, all these stuff I'm going to teach you later into
190:15 stuff I'm going to teach you later into the future. But no indicator, no
190:17 the future. But no indicator, no pattern, nothing will ever teach you if
190:20 pattern, nothing will ever teach you if something is bullish or bearish like
190:22 something is bullish or bearish like price action. Price action is going to
190:24 price action. Price action is going to be the end all be all area section where
190:27 be the end all be all area section where it's going to tell you if something is
190:29 it's going to tell you if something is bullish or bearish. Everything that is
190:32 bullish or bearish. Everything that is out there in the market that is added on
190:34 out there in the market that is added on top of price action, it's exactly that.
190:37 top of price action, it's exactly that. It's an add-on to price action.
190:39 It's an add-on to price action. Indicators are an add-on to price
190:41 Indicators are an add-on to price action. Tools are an add-on to price
190:43 action. Tools are an add-on to price action. Um, any possible EMA is an
190:47 action. Um, any possible EMA is an add-on to price action. Any reversal
190:49 add-on to price action. Any reversal pattern is an add-on to price action.
190:51 pattern is an add-on to price action. Price action is the core. And I'm
190:53 Price action is the core. And I'm repeating this because I need you guys
190:55 repeating this because I need you guys to really understand and get this
190:57 to really understand and get this because once you get this, you get
191:00 because once you get this, you get everything. As soon as you understand
191:02 everything. As soon as you understand the proper market structure based off of
191:05 the proper market structure based off of price action, it is everything. Right?
191:07 price action, it is everything. Right? So now that you understand that price
191:10 So now that you understand that price action is everything and price action is
191:12 action is everything and price action is needed to determine if the market is
191:14 needed to determine if the market is bullish or bearish. The market
191:16 bullish or bearish. The market determines
191:18 determines if it's bullish or bearish based off of
191:23 if it's bullish or bearish based off of market structure. So market structure is
191:26 market structure. So market structure is what's going to let you know if this
191:28 what's going to let you know if this market is actually indeed bullish or if
191:31 market is actually indeed bullish or if it's going to be bearish. Market
191:34 it's going to be bearish. Market structure is everything. Market
191:36 structure is everything. Market structure is every single elbow that you
191:39 structure is every single elbow that you see in this market. every single
191:41 see in this market. every single triangle, every single reversal point,
191:43 triangle, every single reversal point, every single pointy section, every
191:45 every single pointy section, every single point where the market had a move
191:47 single point where the market had a move to the opposite direction. This is going
191:50 to the opposite direction. This is going to be considered market structure. So
191:53 to be considered market structure. So this is almost like the red lights. This
191:56 this is almost like the red lights. This is almost like the turns in the street
191:59 is almost like the turns in the street lights. This these are the curves. These
192:01 lights. This these are the curves. These are the entry and exit points of the
192:03 are the entry and exit points of the highways. These are all of the stop
192:05 highways. These are all of the stop signs. These are all of the turning
192:07 signs. These are all of the turning lanes. This is all of the mergings. This
192:10 lanes. This is all of the mergings. This is basically every single point that
192:13 is basically every single point that connects the road with one road to
192:16 connects the road with one road to another from one destination to another.
192:19 another from one destination to another. The middle point is just the road. This
192:22 The middle point is just the road. This is just the road to get you to this
192:24 is just the road to get you to this point right here. Once you are at this
192:26 point right here. Once you are at this point right here, this is let's call it
192:28 point right here, this is let's call it first street. Now this first street, it
192:30 first street. Now this first street, it only has a turn to the left or to the
192:33 only has a turn to the left or to the right. And this turn to the right. This
192:35 right. And this turn to the right. This is just the full road to then second
192:38 is just the full road to then second street and then back up and down. Now,
192:40 street and then back up and down. Now, this is the road. This road is just a
192:42 this is the road. This road is just a straight road. Straight one shot to get
192:44 straight road. Straight one shot to get to this street. Once you get to this
192:46 to this street. Once you get to this stop, then you turn to the next stop.
192:48 stop, then you turn to the next stop. This is just a road to then the next
192:51 This is just a road to then the next stop. Once you get to the next stop,
192:53 stop. Once you get to the next stop, then it's just a road to the next stop.
192:55 then it's just a road to the next stop. So, every single one of these structure
192:57 So, every single one of these structure points, look at it almost like a stop
193:00 points, look at it almost like a stop sign. Look at it like a turning light.
193:02 sign. Look at it like a turning light. look at it like an entry point to the
193:04 look at it like an entry point to the next entry or getting off at the next
193:05 next entry or getting off at the next exit. These are literally just points
193:08 exit. These are literally just points where the road needs to stop in order
193:11 where the road needs to stop in order for you to then be able like let's say
193:13 for you to then be able like let's say you want to get from this point over
193:15 you want to get from this point over here to this point over here. You can't
193:18 here to this point over here. You can't just cross over because there's
193:20 just cross over because there's buildings in the way. There's a lake in
193:23 buildings in the way. There's a lake in the middle. There's a lot of stuff going
193:24 the middle. There's a lot of stuff going on in the middle. In order for you to
193:26 on in the middle. In order for you to get to this destination, you first need
193:28 get to this destination, you first need to then hit First Street. After you go
193:31 to then hit First Street. After you go to then First Street, there's a stop
193:33 to then First Street, there's a stop sign and then you need to go back up to
193:34 sign and then you need to go back up to then Second Street. And then on Second
193:36 then Second Street. And then on Second Street South, then you need to turn back
193:39 Street South, then you need to turn back into First Street North. And then on
193:42 into First Street North. And then on North Street first, then you actually
193:44 North Street first, then you actually make it to then third street. So for you
193:46 make it to then third street. So for you to go from this street to this street,
193:48 to go from this street to this street, you need to follow the ways of the road.
193:51 you need to follow the ways of the road. There's no difference in between that
193:53 There's no difference in between that example and then this market structure.
193:56 example and then this market structure. this market structure in order for get
193:57 this market structure in order for get in order from it to get let's say to
193:59 in order from it to get let's say to this point to this point you need to
194:01 this point to this point you need to follow the road in order for the market
194:04 follow the road in order for the market to get there. Now this is going to be
194:06 to get there. Now this is going to be crucial for you to understand how the
194:09 crucial for you to understand how the market actually works how to determine
194:11 market actually works how to determine if it's bullish or bearish. Now I'm not
194:13 if it's bullish or bearish. Now I'm not saying for example right now that the
194:15 saying for example right now that the live price needs to in order for it to
194:17 live price needs to in order for it to get to down here that it needs to break
194:18 get to down here that it needs to break this road and stuff like this. That's
194:20 this road and stuff like this. That's not that's not what I'm saying. I'm just
194:21 not that's not what I'm saying. I'm just saying in order for you to understand
194:24 saying in order for you to understand how the market got from this point to
194:27 how the market got from this point to this point, just follow the road and
194:29 this point, just follow the road and follow the structure points. The
194:30 follow the structure points. The structure points are going to tell you
194:32 structure points are going to tell you how it actually made it to that point.
194:33 how it actually made it to that point. So the structure points are these points
194:36 So the structure points are these points over here once again are going to be
194:38 over here once again are going to be these stop signs, these turning signals,
194:40 these stop signs, these turning signals, these reversal areas. These are going to
194:42 these reversal areas. These are going to be market structure points. So market
194:45 be market structure points. So market structure points, just we're just going
194:47 structure points, just we're just going to write this down, right? One thing at
194:48 to write this down, right? One thing at a time. Market structure points are the
194:52 a time. Market structure points are the elbows in the market,
194:56 elbows in the market, the turning points in the market. These
195:01 the turning points in the market. These market structure points are where it's
195:03 market structure points are where it's going to determine
195:11 is bullish or bearish. So market structure points are the elbows in the
195:13 structure points are the elbows in the market. These are the turning points in
195:15 market. These are the turning points in the market and these market structure
195:17 the market and these market structure points are going to determine if the
195:18 points are going to determine if the market is bullish or bearish. If you
195:20 market is bullish or bearish. If you properly read every single one of these
195:22 properly read every single one of these elbows, you're going to be able to tell
195:24 elbows, you're going to be able to tell if the market is bullish. Right? So, I'm
195:26 if the market is bullish. Right? So, I'm going to do a quick quiz on you guys
195:28 going to do a quick quiz on you guys right now. Right? And I expect for you
195:31 right now. Right? And I expect for you guys to get this wrong. I don't expect
195:33 guys to get this wrong. I don't expect for you to get this right. Right? Just
195:35 for you to get this right. Right? Just going to do this right here. Is this
195:37 going to do this right here. Is this market right here bullish or is it
195:40 market right here bullish or is it bearish? So we understand bullish equals
195:44 bearish? So we understand bullish equals up, bearish equals down. Right? So the
195:49 up, bearish equals down. Right? So the market is heading up when it's bullish.
195:51 market is heading up when it's bullish. The market is heading down when it's
195:53 The market is heading down when it's bearish. Go ahead, pause this video and
195:56 bearish. Go ahead, pause this video and just take a wild guess. Right? Cool. So
195:59 just take a wild guess. Right? Cool. So I can almost guarantee you you're wrong.
196:01 I can almost guarantee you you're wrong. And even if you're right of the
196:03 And even if you're right of the direction whether this market is up or
196:06 direction whether this market is up or whether this market is down, you
196:07 whether this market is down, you probably don't know exactly why, right?
196:10 probably don't know exactly why, right? For example, let's say if I were to give
196:12 For example, let's say if I were to give you a very complex equation, right?
196:15 you a very complex equation, right? Let's say I already give you this plus
196:17 Let's say I already give you this plus this for example, and then I give you
196:20 this for example, and then I give you multiplechoice option. Oh, for example,
196:23 multiplechoice option. Oh, for example, let's say we didn't know that, but let's
196:24 let's say we didn't know that, but let's say I just gave you a multiplechoice
196:26 say I just gave you a multiplechoice option and I give you choice number A or
196:28 option and I give you choice number A or I give you choice number B, right? You
196:31 I give you choice number B, right? You only have two options and you happen to
196:33 only have two options and you happen to just click on the right option and
196:35 just click on the right option and you're right. Now, that doesn't mean
196:36 you're right. Now, that doesn't mean you're right because you know the
196:38 you're right because you know the solution or you know the way on how to
196:40 solution or you know the way on how to solve the problem. You just happen to
196:42 solve the problem. You just happen to pick the right one because it's really
196:44 pick the right one because it's really is a 50/50. Like, it's pretty hard to
196:45 is a 50/50. Like, it's pretty hard to get it wrong. It really the odds are
196:47 get it wrong. It really the odds are split down the middle. So, that doesn't
196:49 split down the middle. So, that doesn't mean that you know math. method doesn't
196:50 mean that you know math. method doesn't mean that you're good at it or that you
196:52 mean that you're good at it or that you should be advancing to the next point.
196:54 should be advancing to the next point. That's exactly what this is right here.
196:56 That's exactly what this is right here. Just because let's say you pick the
196:57 Just because let's say you pick the right one because you know obviously
196:58 right one because you know obviously there's only two option like the odds of
197:00 there's only two option like the odds of you getting it right or wrong is pretty
197:02 you getting it right or wrong is pretty fair. Let's say you do get it right,
197:04 fair. Let's say you do get it right, you're probably not getting it right for
197:06 you're probably not getting it right for the right reason. And that is the big
197:07 the right reason. And that is the big problem with traders. A lot of traders
197:09 problem with traders. A lot of traders happen to just guess that the market is
197:12 happen to just guess that the market is in the right trend, but they are
197:14 in the right trend, but they are actually executing it wrongfully because
197:16 actually executing it wrongfully because they don't know where it's bullish or
197:18 they don't know where it's bullish or bearish based off of. Now, let me
197:20 bearish based off of. Now, let me explain what I mean by that, right? And
197:22 explain what I mean by that, right? And and we're going to leave this right here
197:23 and we're going to leave this right here and we're going to come back to it and
197:24 and we're going to come back to it and I'm going to educate you if and we're
197:26 I'm going to educate you if and we're going to find out if you were right or
197:27 going to find out if you were right or wrong. So, once again, pause the video,
197:29 wrong. So, once again, pause the video, take a screenshot, and just write it
197:31 take a screenshot, and just write it down. Bullish or bearish and then where
197:34 down. Bullish or bearish and then where why or where do you think it is? And if
197:35 why or where do you think it is? And if you don't even know where you identify
197:38 you don't even know where you identify this market that it's bullish from, then
197:39 this market that it's bullish from, then that even shows even more that you don't
197:41 that even shows even more that you don't know anything just yet. But don't worry,
197:42 know anything just yet. But don't worry, I'm going to teach you right now. It's
197:43 I'm going to teach you right now. It's very easy, right? So, I'm going to
197:45 very easy, right? So, I'm going to educate you guys right now on market
197:46 educate you guys right now on market structure, which is everything in the
197:48 structure, which is everything in the market. Right now, this market is
197:50 market. Right now, this market is bullish, right? This is a very clear
197:52 bullish, right? This is a very clear bullish market. Now this market is
197:54 bullish market. Now this market is bullish because it is consisted of
197:58 bullish because it is consisted of higher highs and higher lows or also
198:03 higher highs and higher lows or also known as HH or HL. Right? Higher high is
198:08 known as HH or HL. Right? Higher high is HH. HL is a higher low. So this right
198:12 HH. HL is a higher low. So this right here is the higher high. Right? This is
198:15 here is the higher high. Right? This is the highest point in the market. And
198:17 the highest point in the market. And this is all based off of market
198:19 this is all based off of market structure. So if I double click this
198:20 structure. So if I double click this line, I go to text. just going to put
198:23 line, I go to text. just going to put hh. So we've identified this as the
198:27 hh. So we've identified this as the higher low. Now this right here is now
198:29 higher low. Now this right here is now going to be the higher low. So this
198:33 going to be the higher low. So this higher low point from this point right
198:34 higher low point from this point right here is going to be what took this from
198:37 here is going to be what took this from point A to point B. Right here you were
198:40 point A to point B. Right here you were at Second Street. You had to turn right,
198:43 at Second Street. You had to turn right, make it to First Street. Now, in order
198:46 make it to First Street. Now, in order for you to make it to Third Street, from
198:48 for you to make it to Third Street, from Second Street, you have to go through
198:50 Second Street, you have to go through First Street and then you make it to
198:53 First Street and then you make it to Third Street because obviously there was
198:55 Third Street because obviously there was some trees here in the middle. There was
198:57 some trees here in the middle. There was a lake. There's a big building here. You
199:00 a lake. There's a big building here. You can't just go from Second Street
199:02 can't just go from Second Street straight to Third Street. You need to go
199:04 straight to Third Street. You need to go around the buildings and then you make
199:06 around the buildings and then you make it to Third Street. Cool, right? Pretty
199:09 it to Third Street. Cool, right? Pretty easy, pretty self-explanatory. Now this
199:11 easy, pretty self-explanatory. Now this market is bullish because of this higher
199:15 market is bullish because of this higher high and because of this higher low. As
199:18 high and because of this higher low. As long as we remain inside of this market
199:23 long as we remain inside of this market structure, inside of this higher low and
199:25 structure, inside of this higher low and this higher high, this market will
199:28 this higher high, this market will remain bullish. This market is bullish
199:31 remain bullish. This market is bullish no matter what as long as we are inside
199:34 no matter what as long as we are inside of this higher high and this higher low.
199:37 of this higher high and this higher low. The simplest way that I can put it is
199:39 The simplest way that I can put it is this is going to be third street and
199:42 this is going to be third street and this is going to be first street. Right?
199:45 this is going to be first street. Right? We understand that. And this middle
199:46 We understand that. And this middle point right here is second street.
199:49 point right here is second street. Right? Very easy, very self-explanatory.
199:51 Right? Very easy, very self-explanatory. As long as we are inside of first street
199:55 As long as we are inside of first street and as long as we are inside of third
199:58 and as long as we are inside of third street, this market is inside of first
200:02 street, this market is inside of first street and it's inside of third street.
200:04 street and it's inside of third street. Right? Pretty self-explanatory. It's
200:06 Right? Pretty self-explanatory. It's almost like obvious, right? Like, duh,
200:08 almost like obvious, right? Like, duh, Alex, no [ __ ] Like, what are you
200:10 Alex, no [ __ ] Like, what are you talking about? Well, you'll be surprised
200:11 talking about? Well, you'll be surprised because some people would say that right
200:13 because some people would say that right now we are on Fifth Street. It's like,
200:15 now we are on Fifth Street. It's like, well, brother, how are we on Fifth
200:17 well, brother, how are we on Fifth Street if we haven't even broken through
200:19 Street if we haven't even broken through First or broken through third street?
200:22 First or broken through third street? Now, this doesn't make sense. Don't
200:23 Now, this doesn't make sense. Don't worry, it's all going to start clicking
200:25 worry, it's all going to start clicking in just a second, right? And I'm not
200:26 in just a second, right? And I'm not going to I'm going to try and avoid the
200:28 going to I'm going to try and avoid the analogies too much back and forth so it
200:29 analogies too much back and forth so it doesn't confuse you guys, but we will
200:31 doesn't confuse you guys, but we will double down on them later into the video
200:32 double down on them later into the video because it's all going to connect
200:34 because it's all going to connect perfectly, right? So, we'll put this in
200:35 perfectly, right? So, we'll put this in the back burner for now. But all we know
200:37 the back burner for now. But all we know is as long as the market is in between
200:40 is as long as the market is in between this higher high and this higher low, we
200:44 this higher high and this higher low, we are bullish. This right here could
200:46 are bullish. This right here could create a potential retracement into this
200:48 create a potential retracement into this area right here. And this is just a
200:49 area right here. And this is just a retracement. Now, once we have body
200:52 retracement. Now, once we have body candlestick closed above this previous
200:55 candlestick closed above this previous higher high, this has now officially
200:57 higher high, this has now officially broken above the higher high, meaning we
201:00 broken above the higher high, meaning we need to modify our higher high. So, the
201:03 need to modify our higher high. So, the rules are very simple. Once we body
201:05 rules are very simple. Once we body close above the higher high or the
201:07 close above the higher high or the higher low the market has shifted.
201:12 higher low the market has shifted. So once I mean with the body don't worry
201:14 So once I mean with the body don't worry for right now we we'll come back to that
201:16 for right now we we'll come back to that but once we have closed above the higher
201:19 but once we have closed above the higher high or the higher low the market has
201:22 high or the higher low the market has shifted and you need to modify the
201:26 shifted and you need to modify the higher high and the higher low. So once
201:29 higher high and the higher low. So once the market has broken above this higher
201:32 the market has broken above this higher high, you have now shifted in the market
201:34 high, you have now shifted in the market and you need to modify this higher high
201:37 and you need to modify this higher high and this higher low. Cool. So where does
201:39 and this higher low. Cool. So where does the new higher high go? Where the higher
201:42 the new higher high go? Where the higher high goes to the highest high point
201:44 high goes to the highest high point which is going to be right here. And
201:46 which is going to be right here. And where does the higher low go? Does the
201:48 where does the higher low go? Does the higher low change? Yes, the higher low
201:51 higher low change? Yes, the higher low changes every single time the higher low
201:55 changes every single time the higher low changes. So the higher low is going to
201:57 changes. So the higher low is going to go to this point right here. Now this is
202:00 go to this point right here. Now this is another side note. If we have a new
202:03 another side note. If we have a new higher high, we will always have a new
202:09 higher high, we will always have a new higher low. So if this market once again
202:12 higher low. So if this market once again it creates this retracement right here
202:14 it creates this retracement right here and it creates this break above. If we
202:17 and it creates this break above. If we have a new higher high, we will always
202:22 have a new higher high, we will always have a new higher low. So if this market
202:24 have a new higher low. So if this market has created this new higher high, it's
202:26 has created this new higher high, it's very obvious we will always have a new
202:31 very obvious we will always have a new higher low. Cool. So the higher low gets
202:33 higher low. Cool. So the higher low gets moved to this point right here. Now I
202:35 moved to this point right here. Now I like to use to identify the new higher
202:39 like to use to identify the new higher low as just the previous structure
202:41 low as just the previous structure point. And I'm going to get to all that
202:43 point. And I'm going to get to all that in just a second. But as long as this
202:45 in just a second. But as long as this market continues to be inside of this
202:48 market continues to be inside of this higher high and this higher low, this
202:51 higher high and this higher low, this market will remain bullish. Right? So
202:54 market will remain bullish. Right? So for example, once we broke out to this
202:56 for example, once we broke out to this area, this over here went to then Fourth
202:59 area, this over here went to then Fourth Street and this over here was at Second
203:03 Street and this over here was at Second Street, right? Pretty self-explanatory.
203:05 Street, right? Pretty self-explanatory. We broke above Fourth Street and now we
203:08 We broke above Fourth Street and now we are at Fifth Street, right? So this is
203:10 are at Fifth Street, right? So this is fifth street and this over here is going
203:13 fifth street and this over here is going to then be third street. Right? So we
203:16 to then be third street. Right? So we are using one street to get to the other
203:18 are using one street to get to the other street. So for now let's remove this one
203:20 street. So for now let's remove this one cuz we're already pretty far away from
203:21 cuz we're already pretty far away from over here and we don't need to be aware
203:22 over here and we don't need to be aware of that. So right now we understand that
203:25 of that. So right now we understand that this is fifth street. This is third
203:28 this is fifth street. This is third street. And as long as we are in between
203:31 street. And as long as we are in between fifth and third street we are in between
203:35 fifth and third street we are in between fifth and third street. This right here
203:37 fifth and third street. This right here is just Fourth Street right in the
203:39 is just Fourth Street right in the middle. Or we're at fifth. Or we're at
203:41 middle. Or we're at fifth. Or we're at third. We're at third and a half. We're
203:44 third. We're at third and a half. We're at fourth and a half. Fourth and a
203:45 at fourth and a half. Fourth and a quarter. But at no points are we ever at
203:48 quarter. But at no points are we ever at Sixth Street or Second Street. As long
203:52 Sixth Street or Second Street. As long as, once again, as long as we are inside
203:55 as, once again, as long as we are inside of this higher high and inside of this
203:58 of this higher high and inside of this higher low, we are bullish. Write this
204:01 higher low, we are bullish. Write this down as well. As long as we are inside,
204:04 down as well. As long as we are inside, we are bullish. Right? Very easy, very
204:08 we are bullish. Right? Very easy, very very self-explanatory. Now, once we have
204:12 very self-explanatory. Now, once we have body candlestick closed above, what
204:15 body candlestick closed above, what happens? Once we have closed above the
204:18 happens? Once we have closed above the higher high or the higher low, the
204:20 higher high or the higher low, the market has shifted. You need to modify
204:21 market has shifted. You need to modify the higher high. Okay, cool. So, this
204:23 the higher high. Okay, cool. So, this turns into the new higher high. This
204:25 turns into the new higher high. This will then be Sixth Street. And then
204:28 will then be Sixth Street. And then where does the higher low go? It goes to
204:30 where does the higher low go? It goes to this point right here, which was the
204:31 this point right here, which was the last point, which is now Fourth Street.
204:33 last point, which is now Fourth Street. Right? Pretty easy, right? We're just
204:35 Right? Pretty easy, right? We're just kind of following the market and we
204:37 kind of following the market and we understand as long as we are inside of
204:39 understand as long as we are inside of the higher high and higher low, we are
204:40 the higher high and higher low, we are bullish. If we make a new higher high,
204:42 bullish. If we make a new higher high, we will always have a new higher low. We
204:44 we will always have a new higher low. We modify the higher low. Very easy. Now,
204:46 modify the higher low. Very easy. Now, what if I told you, you see that?
204:48 what if I told you, you see that? There's an alarm from a market that I'm
204:50 There's an alarm from a market that I'm currently trading right now. And uh
204:52 currently trading right now. And uh we're going to do this live here right
204:54 we're going to do this live here right now. We're just going to see how my
204:55 now. We're just going to see how my market is moving. So, I'm actually in
204:58 market is moving. So, I'm actually in this position here in a major loss right
205:01 this position here in a major loss right now. So, this is getting super
205:03 now. So, this is getting super sidetracked here and we'll go back to
205:04 sidetracked here and we'll go back to the market structure in just a second.
205:06 the market structure in just a second. But, as I am educating you guys live, I
205:09 But, as I am educating you guys live, I am also trading live and this trade is
205:11 am also trading live and this trade is into major draw down right now. Not
205:13 into major draw down right now. Not looking good. Not looking good. And this
205:16 looking good. Not looking good. And this other trade is looking good, but I need
205:17 other trade is looking good, but I need to wait for this next candlestick to
205:20 to wait for this next candlestick to close in the next 30 minutes. So, I will
205:23 close in the next 30 minutes. So, I will wait for that. So, we'll come back to
205:24 wait for that. So, we'll come back to the SPX500 now. Little distraction
205:27 the SPX500 now. Little distraction there, but it's okay. It's good, right?
205:29 there, but it's okay. It's good, right? To show you guys how we're executing
205:30 To show you guys how we're executing everything live, right? So, back into
205:32 everything live, right? So, back into this area over here, right? Let's just
205:34 this area over here, right? Let's just move this a little bit more up. We
205:35 move this a little bit more up. We understand that as long as we are inside
205:37 understand that as long as we are inside of these structure points, we are going
205:39 of these structure points, we are going to be bullish. Now, the moment that this
205:42 to be bullish. Now, the moment that this market structure breaks below this
205:45 market structure breaks below this higher low, guess what happens? Now,
205:48 higher low, guess what happens? Now, this market is no longer bullish. this
205:51 this market is no longer bullish. this market is now going to be bearish. So we
205:54 market is now going to be bearish. So we went from creating higher highs and
205:56 went from creating higher highs and higher lows to now lower highs and lower
205:59 higher lows to now lower highs and lower lows. So this market went from being
206:01 lows. So this market went from being bullish to now being bearish. So now
206:04 bullish to now being bearish. So now that this market has broken below this
206:06 that this market has broken below this higher low structure point, it means
206:08 higher low structure point, it means that this market is now bearish. So once
206:12 that this market is now bearish. So once we break below the higher low structure
206:14 we break below the higher low structure point, this market is now bearish. So
206:17 point, this market is now bearish. So this goes from actually being bullish
206:20 this goes from actually being bullish once it closes below the higher low we
206:22 once it closes below the higher low we are now bearish. Now bearish means we
206:25 are now bearish. Now bearish means we are selling and a bearish market is
206:28 are selling and a bearish market is equivalent to lower low
206:31 equivalent to lower low and lower high
206:34 and lower high or also known as LL or LH. Now they're
206:39 or also known as LL or LH. Now they're both basically exactly the same. A
206:41 both basically exactly the same. A higher high is the highest high and a
206:45 higher high is the highest high and a higher low is a low that is higher than
206:48 higher low is a low that is higher than the previous low. When a market goes
206:50 the previous low. When a market goes bearish, we have a lower low. So this
206:53 bearish, we have a lower low. So this right here will turn into the lower low.
206:57 right here will turn into the lower low. And then the lower high is going to be
207:00 And then the lower high is going to be the low. That is the last high, which is
207:03 the low. That is the last high, which is going to be this point right here. Now,
207:05 going to be this point right here. Now, don't worry if this doesn't click right
207:07 don't worry if this doesn't click right away. It's all going to click in just a
207:08 away. It's all going to click in just a second. Just give it some time for me to
207:10 second. Just give it some time for me to educate you guys into this. Believe me,
207:12 educate you guys into this. Believe me, what I am teaching you guys right now
207:14 what I am teaching you guys right now took me months to understand. And my
207:17 took me months to understand. And my goal is for you to understand in just
207:18 goal is for you to understand in just one single video. And I'm going to do
207:20 one single video. And I'm going to do that to the best of my ability. How I
207:21 that to the best of my ability. How I have been doing this for the last 3
207:23 have been doing this for the last 3 years on educating people. So now that
207:25 years on educating people. So now that we have a lower low and a lower high,
207:28 we have a lower low and a lower high, this market is officially bearish. Now
207:30 this market is officially bearish. Now the same exact principle applies right
207:33 the same exact principle applies right here. Once we have closed above the
207:36 here. Once we have closed above the lower high or the lower low, the market
207:39 lower high or the lower low, the market has shifted and you need to modify this
207:42 has shifted and you need to modify this into the lower low and the lower high.
207:46 into the lower low and the lower high. If we have a new lower low, we will
207:49 If we have a new lower low, we will always have a new lower high. As long as
207:52 always have a new lower high. As long as we are inside of the lower high, the
207:56 we are inside of the lower high, the lower low and the lower high, we are
207:59 lower low and the lower high, we are bearish. Once we break below the lower
208:03 bearish. Once we break below the lower high, the structure point is now
208:06 high, the structure point is now bullish. Very easy. Everything is just
208:08 bullish. Very easy. Everything is just changing the letters. So what does it
208:10 changing the letters. So what does it mean? Once we have closed below, so this
208:13 mean? Once we have closed below, so this is going to be below instead of above.
208:15 is going to be below instead of above. Once we have closed below the lower low,
208:18 Once we have closed below the lower low, the market has shifted and you need to
208:21 the market has shifted and you need to modify the lower low and the lower high.
208:23 modify the lower low and the lower high. If we have a new lower low, we will
208:25 If we have a new lower low, we will always have a new lower high. All right,
208:28 always have a new lower high. All right, we have a new lower low. It's very
208:30 we have a new lower low. It's very obvious it's the new lowest low. And
208:32 obvious it's the new lowest low. And then where is the lower high? Well, the
208:34 then where is the lower high? Well, the lower high is going to be the next lower
208:36 lower high is going to be the next lower high. And I'm going to teach you a way
208:38 high. And I'm going to teach you a way on how to identify this market structure
208:40 on how to identify this market structure point literally seamlessly and it's
208:42 point literally seamlessly and it's going to be absolutely perfect in just 1
208:44 going to be absolutely perfect in just 1 second. I just want you guys to be able
208:45 second. I just want you guys to be able to understand the difference in between
208:47 to understand the difference in between lower highs and lower lows, higher highs
208:50 lower highs and lower lows, higher highs and higher lows. So, as long as we are
208:52 and higher lows. So, as long as we are inside of the lower high and the lower
208:54 inside of the lower high and the lower low, we are bearish. Once we break below
208:57 low, we are bearish. Once we break below once we break above the lower high
209:00 once we break above the lower high structure point this market is now
209:02 structure point this market is now bullish. So for right now as long as we
209:04 bullish. So for right now as long as we remain inside of this lower high and
209:07 remain inside of this lower high and lower low we're going to be bearish. So
209:09 lower low we're going to be bearish. So this is now going to be a lower low.
209:10 this is now going to be a lower low. This is now going to be a lower high.
209:13 This is now going to be a lower high. This market can simply have a smaller
209:14 This market can simply have a smaller retracement and then we have a new lower
209:16 retracement and then we have a new lower low and then this point right here
209:18 low and then this point right here becomes the lower high. Right? The lower
209:20 becomes the lower high. Right? The lower high is always going to get moved every
209:23 high is always going to get moved every single time we have a new lower low. Now
209:26 single time we have a new lower low. Now let's say for whatever reason this
209:27 let's say for whatever reason this market decides to now do this. Well once
209:31 market decides to now do this. Well once we break above the lower high structure
209:34 we break above the lower high structure point this market is now bullish. So
209:37 point this market is now bullish. So this market right here goes from being
209:39 this market right here goes from being bearish to being bullish. So this market
209:41 bearish to being bullish. So this market is now bullish. So this now gets shifted
209:45 is now bullish. So this now gets shifted into a higher high and then this
209:47 into a higher high and then this structure point over here gets shifted
209:49 structure point over here gets shifted into a higher low. And this market once
209:52 into a higher low. And this market once again it can have its retracement into
209:54 again it can have its retracement into like going like this. And now we have a
209:56 like going like this. And now we have a new higher high. If we have a new higher
209:59 new higher high. If we have a new higher high, we have a new higher low. If we
210:02 high, we have a new higher low. If we have a retracement, we have a new higher
210:04 have a retracement, we have a new higher high. And then we have a new higher low.
210:08 high. And then we have a new higher low. Right? So this is how the market works.
210:10 Right? So this is how the market works. Same exact thing applies if we now do
210:12 Same exact thing applies if we now do this. If we break this structure point,
210:14 this. If we break this structure point, guess what? We now have a new lower low.
210:17 guess what? We now have a new lower low. So this market now goes from being
210:18 So this market now goes from being bullish to being bearish. So this goes
210:21 bullish to being bearish. So this goes and turns into the lower high and then
210:23 and turns into the lower high and then this turns into the lower low, right? As
210:27 this turns into the lower low, right? As long as this market remains inside of
210:29 long as this market remains inside of this lower high and lower low, we are
210:32 this lower high and lower low, we are now bearish, right? We have a new lower
210:34 now bearish, right? We have a new lower low and we have a new lower high. Very
210:37 low and we have a new lower high. Very easy, very self-explanatory. So this way
210:40 easy, very self-explanatory. So this way you can see how the market goes from
210:41 you can see how the market goes from being bullish to then being bearish to
210:44 being bullish to then being bearish to being back to bullish to now being back
210:46 being back to bullish to now being back to bearish. The market is shifting
210:48 to bearish. The market is shifting constantly from bullish to now bearish.
210:52 constantly from bullish to now bearish. But I want to teach you guys on a trick
210:54 But I want to teach you guys on a trick that I like to call the snake trick. And
210:57 that I like to call the snake trick. And this snake trick is a trick to identify
211:01 this snake trick is a trick to identify the last structure point, which is going
211:05 the last structure point, which is going to equal
211:08 to equal the higher low or lower high. Alex, what
211:11 the higher low or lower high. Alex, what are you talking about, dude? You're
211:13 are you talking about, dude? You're talking Chinese to me. I just met you
211:15 talking Chinese to me. I just met you right now. I'm already 2 3 hours into
211:17 right now. I'm already 2 3 hours into this video and I still don't understand
211:18 this video and I still don't understand anything. Don't worry, trust me. This is
211:21 anything. Don't worry, trust me. This is all going to start slowly making sense.
211:23 all going to start slowly making sense. Right? So, we have something that is
211:24 Right? So, we have something that is called the snake trick which is going to
211:26 called the snake trick which is going to help you identify the last structure
211:28 help you identify the last structure point which is equivalent to the higher
211:31 point which is equivalent to the higher low or the lower high. What does that
211:33 low or the lower high. What does that even mean? Very easy. Let's say this
211:36 even mean? Very easy. Let's say this market is bearish, right? And we have
211:39 market is bearish, right? And we have this retracement to this point, right?
211:41 this retracement to this point, right? This is this right here considered a
211:44 This is this right here considered a lower high? No. We can only have a lower
211:47 lower high? No. We can only have a lower high or a lower low once we have a new
211:52 high or a lower low once we have a new higher high or lower low. So at this
211:55 higher high or lower low. So at this point right here, this market we have
211:58 point right here, this market we have yet to create a new lower low. So we
212:01 yet to create a new lower low. So we have not created a new lower low in this
212:04 have not created a new lower low in this market. So we can only have a new lower
212:07 market. So we can only have a new lower high once we have created a new lower
212:11 high once we have created a new lower low. So this market right here, this is
212:14 low. So this market right here, this is the lower high. This is the lower low.
212:16 the lower high. This is the lower low. What is this point right here that is
212:18 What is this point right here that is being created into the market? What is
212:20 being created into the market? What is this elbow? What is this stop sign? What
212:23 this elbow? What is this stop sign? What is this red light? This turning point.
212:25 is this red light? This turning point. What is this right here? This is
212:26 What is this right here? This is literally just curb in the road. This is
212:28 literally just curb in the road. This is literally just a market structure point.
212:30 literally just a market structure point. This is literally nothing. three yet.
212:32 This is literally nothing. three yet. This is just another point in the
212:34 This is just another point in the market, but it's not anything
212:35 market, but it's not anything significant because it has not broken
212:37 significant because it has not broken above the lower high or below the lower
212:40 above the lower high or below the lower low. So, we can only have a lower high
212:43 low. So, we can only have a lower high or lower low once we have broken above
212:46 or lower low once we have broken above the higher high. And all right, lower
212:49 the higher high. And all right, lower high or higher low. Once we have broken
212:52 high or higher low. Once we have broken above the higher high or lower low.
212:54 above the higher high or lower low. Don't worry, it's all going to start
212:55 Don't worry, it's all going to start clicking right now. Let's say this
212:57 clicking right now. Let's say this market actually ends up indeed breaking
212:59 market actually ends up indeed breaking below. All right, cool. this market
213:00 below. All right, cool. this market actually indeed breaks below. Guess
213:03 actually indeed breaks below. Guess what? Now we have a new lower low. So
213:06 what? Now we have a new lower low. So once we break the new lower low, if we
213:08 once we break the new lower low, if we have a new lower low, we will always
213:11 have a new lower low, we will always have a new lower high. So if this
213:14 have a new lower high. So if this becomes the new lower low, we always
213:17 becomes the new lower low, we always have a new lower high. So how do you
213:20 have a new lower high. So how do you identify this lower high? Well, you
213:23 identify this lower high? Well, you identify this lower high with the snake
213:25 identify this lower high with the snake trick. The snake trick is to be able to
213:27 trick. The snake trick is to be able to identify the last structure point, which
213:29 identify the last structure point, which is either the higher low if bullish or
213:32 is either the higher low if bullish or the lower high if bearish. So, we're
213:34 the lower high if bearish. So, we're going to get the head of the snake right
213:35 going to get the head of the snake right here. And once we get this head of the
213:37 here. And once we get this head of the snake, we're going to start moving
213:39 snake, we're going to start moving backwards. And this snake moving
213:41 backwards. And this snake moving backwards is going to leave a trail,
213:44 backwards is going to leave a trail, right? So, we start catching the snake.
213:46 right? So, we start catching the snake. I don't know if you guys know, but
213:47 I don't know if you guys know, but snakes pretty much just kind of move
213:49 snakes pretty much just kind of move like this, right? Snakes don't really
213:51 like this, right? Snakes don't really move like this if they're going to
213:53 move like this if they're going to actually be moving somewhere. they
213:55 actually be moving somewhere. they actually just move straight. They try
213:57 actually just move straight. They try and move very seamless. And if they
213:59 and move very seamless. And if they actually need to turn, then they will
214:01 actually need to turn, then they will turn because there was something in
214:02 turn because there was something in their way or something was in the middle
214:05 their way or something was in the middle that they had to now go this way. So
214:07 that they had to now go this way. So let's say a snake is trying to go from
214:09 let's say a snake is trying to go from this point to this point over here. If
214:12 this point to this point over here. If there is a log in the middle or if
214:14 there is a log in the middle or if there's an object in the middle, the
214:16 there's an object in the middle, the snake will simply just go around it and
214:18 snake will simply just go around it and then continue going. But this snake is
214:20 then continue going. But this snake is leaving a trail that obviously he had to
214:23 leaving a trail that obviously he had to go around something in order to get to
214:25 go around something in order to get to the destination where he was looking to
214:27 the destination where he was looking to go. The snake is leaving a trail of his
214:30 go. The snake is leaving a trail of his footprint almost. It's like his trail of
214:32 footprint almost. It's like his trail of him leaving the leaves squashed down or
214:35 him leaving the leaves squashed down or whatever trails snakes leave. So a snake
214:38 whatever trails snakes leave. So a snake in this market structure right here
214:40 in this market structure right here which is the snake trick is you're
214:42 which is the snake trick is you're following the trail of the market and as
214:45 following the trail of the market and as soon as the snake has to turn that is
214:48 soon as the snake has to turn that is going to be the lower high. Wherever the
214:51 going to be the lower high. Wherever the snake or the body turns that shows that
214:53 snake or the body turns that shows that there was something there there was
214:55 there was something there there was something in the way and that the market
214:56 something in the way and that the market had to go ahead and then turn. So the
214:58 had to go ahead and then turn. So the first turn of where the snake actually
215:01 first turn of where the snake actually turns that becomes the previous
215:03 turns that becomes the previous structure point that becomes the lower
215:05 structure point that becomes the lower high. So this is a trick for you to
215:08 high. So this is a trick for you to identify the previous structure point.
215:10 identify the previous structure point. If you cannot properly understand how to
215:13 If you cannot properly understand how to place the lower high or the higher low,
215:16 place the lower high or the higher low, we're going to use something that is
215:17 we're going to use something that is called the snake trick. So once again,
215:19 called the snake trick. So once again, right now we are bearish. This is the
215:21 right now we are bearish. This is the lower high. This is the lower low. Let's
215:23 lower high. This is the lower low. Let's say that this market breaks above. Let's
215:26 say that this market breaks above. Let's say this becomes now bullish, right?
215:28 say this becomes now bullish, right? This is now broken above the lower high.
215:31 This is now broken above the lower high. Now that we've broken above the lower
215:32 Now that we've broken above the lower high, this becomes the new higher high.
215:35 high, this becomes the new higher high. So this higher high once you have a new
215:38 So this higher high once you have a new higher high you mandatorily need to have
215:41 higher high you mandatorily need to have a new higher low. So if we have a new
215:44 a new higher low. So if we have a new higher high we will always have a new
215:47 higher high we will always have a new higher low. You guys should have this
215:49 higher low. You guys should have this written down somewhere. So if we have a
215:51 written down somewhere. So if we have a new higher high where is the higher low?
215:53 new higher high where is the higher low? Well I get my trusty snake trick and
215:56 Well I get my trusty snake trick and what I do is I create the head of the
215:58 what I do is I create the head of the snake. And on the head of the snake I
216:00 snake. And on the head of the snake I just start following the market back.
216:02 just start following the market back. And as soon as the market then turns,
216:04 And as soon as the market then turns, that right there shows me that the snake
216:06 that right there shows me that the snake turned. There was something in the way.
216:08 turned. There was something in the way. Now this becomes the higher low. Very
216:11 Now this becomes the higher low. Very easy, very, very self-explanatory,
216:14 easy, very, very self-explanatory, right? So this now becomes the higher
216:17 right? So this now becomes the higher low. So we can only have a higher low
216:20 low. So we can only have a higher low once we have a new higher high. So let's
216:22 once we have a new higher high. So let's say, for example, this market does this
216:24 say, for example, this market does this retracement right here and then we have
216:26 retracement right here and then we have this push to the upside. Once if we have
216:28 this push to the upside. Once if we have a new higher high, we will always have a
216:31 a new higher high, we will always have a new higher low. Cool. The higher high is
216:32 new higher low. Cool. The higher high is always easy to put. But where is the
216:34 always easy to put. But where is the higher low? Is it at this point or is it
216:36 higher low? Is it at this point or is it at this point? I don't know. Let's bring
216:38 at this point? I don't know. Let's bring out our trusty snake trick. And our
216:40 out our trusty snake trick. And our trusty snake trick as soon as it first
216:42 trusty snake trick as soon as it first turns and it creates the first point.
216:44 turns and it creates the first point. Boom. That right there is going to be
216:47 Boom. That right there is going to be the perfect higher low. And it's the
216:49 the perfect higher low. And it's the exact area where the market turned. So
216:51 exact area where the market turned. So now this is going to be the higher low,
216:54 now this is going to be the higher low, right? Pretty easy, pretty
216:55 right? Pretty easy, pretty self-explanatory. Now let's say that
216:57 self-explanatory. Now let's say that this market does this right here. What
216:59 this market does this right here. What is this right here in the market? This
217:01 is this right here in the market? This right here in the market is technically
217:03 right here in the market is technically nothing. This is just simply a structure
217:05 nothing. This is just simply a structure point. This has not broken above or
217:07 point. This has not broken above or below the higher low. So this is just
217:10 below the higher low. So this is just structure. This is just market doing its
217:12 structure. This is just market doing its thing. This is just a stock. This is
217:13 thing. This is just a stock. This is just a little curb in the road. This is
217:15 just a little curb in the road. This is really nothing. Okay. What about this?
217:17 really nothing. Okay. What about this? That right there is nothing. The market
217:19 That right there is nothing. The market has not body candlestick close. And I'll
217:22 has not body candlestick close. And I'll get into the candlesticks in just a
217:23 get into the candlesticks in just a second. But the bodies or the the move
217:25 second. But the bodies or the the move the price has not closed below the
217:28 the price has not closed below the higher low or above the higher high.
217:31 higher low or above the higher high. Meaning this market right now at this
217:33 Meaning this market right now at this point is still nothing cuz we have not
217:35 point is still nothing cuz we have not broken above this line right here or
217:36 broken above this line right here or above this line right here. Cool. Cool.
217:38 above this line right here. Cool. Cool. Cool. What about that right there?
217:40 Cool. What about that right there? Nothing. We have not body candlestick
217:42 Nothing. We have not body candlestick below this line. We have not body
217:44 below this line. We have not body candlestick closed above this line. What
217:46 candlestick closed above this line. What about now? Okay, we have now officially
217:49 about now? Okay, we have now officially broken below the higher low. So if we
217:51 broken below the higher low. So if we break below the higher low, this market
217:54 break below the higher low, this market will then turn bearish. So price will go
217:57 will then turn bearish. So price will go to the lowest low. Now if we have a new
218:01 to the lowest low. Now if we have a new lower low, we will always have a new
218:06 lower low, we will always have a new lower high. We can only have a lower
218:09 lower high. We can only have a lower high if we have a new lower low. So how
218:12 high if we have a new lower low. So how do we identify that lower high or lower
218:15 do we identify that lower high or lower low? Well, we're going to use our trusty
218:17 low? Well, we're going to use our trusty snake trick to be able to identify our
218:19 snake trick to be able to identify our previous structure point. So, if this
218:21 previous structure point. So, if this right here is the new lower low, we're
218:23 right here is the new lower low, we're going to get the head of the snake,
218:24 going to get the head of the snake, start working our way backwards, and as
218:26 start working our way backwards, and as soon as the market has had a turning
218:28 soon as the market has had a turning point, boom, this turns into the lower
218:31 point, boom, this turns into the lower high. The lower high is the last
218:33 high. The lower high is the last structure point where the market had a
218:36 structure point where the market had a turning point from. So, this right here
218:38 turning point from. So, this right here is going to turn to the lower high. Now
218:41 is going to turn to the lower high. Now once again, as long as we are inside of
218:43 once again, as long as we are inside of this lower high and lower low, we are
218:45 this lower high and lower low, we are going to remain bearish. And I'm going
218:46 going to remain bearish. And I'm going to repeat myself a lot cuz what is
218:48 to repeat myself a lot cuz what is required here for you to understand this
218:50 required here for you to understand this market and for you to understand this
218:52 market and for you to understand this new language is just repetition,
218:53 new language is just repetition, repetition, and repetition. This going
218:55 repetition, and repetition. This going to have a major move like this. Cool.
218:57 to have a major move like this. Cool. We've broken below the lower low. So
219:00 We've broken below the lower low. So this is now the new lower low. Where is
219:02 this is now the new lower low. Where is the lower high? I don't know, but I do
219:05 the lower high? I don't know, but I do have my trusty snake trick. So I'm going
219:07 have my trusty snake trick. So I'm going to get the head of the snake. We start
219:09 to get the head of the snake. We start working our way backwards. Start working
219:11 working our way backwards. Start working our way backwards and turn. Now this
219:14 our way backwards and turn. Now this right here becomes the lower high.
219:17 right here becomes the lower high. Understanding that that is now the lower
219:18 Understanding that that is now the lower high. The market could remain inside of
219:21 high. The market could remain inside of this lower high and this lower low. And
219:24 this lower high and this lower low. And we're going to remain bearish. This
219:26 we're going to remain bearish. This market can literally do all the
219:28 market can literally do all the structure point that it wants. As long
219:30 structure point that it wants. As long as we are inside of this lower high and
219:32 as we are inside of this lower high and lower low, we are bearish. Right? Pretty
219:35 lower low, we are bearish. Right? Pretty simple, pretty self-explanatory. Now
219:37 simple, pretty self-explanatory. Now let's say this market does this. Oh
219:39 let's say this market does this. Oh [ __ ] Now what? No problem. No big deal.
219:41 [ __ ] Now what? No problem. No big deal. The market has now broken above the
219:43 The market has now broken above the lower high. So guess what? We are now
219:45 lower high. So guess what? We are now bullish. This becomes the higher high.
219:48 bullish. This becomes the higher high. And where is the higher low? Because if
219:51 And where is the higher low? Because if we have a new higher high, we will
219:54 we have a new higher high, we will always have a new higher low. Okay. So
219:57 always have a new higher low. Okay. So if we have a new higher high, where is
220:00 if we have a new higher high, where is the higher low? I don't know. Let's
220:02 the higher low? I don't know. Let's bring out our trusty snake trick. It's
220:04 bring out our trusty snake trick. It's the head of the snake. We start just
220:05 the head of the snake. We start just working our way back, working our way
220:07 working our way back, working our way back and turning point. This right here
220:10 back and turning point. This right here is the higher low. So, our snake trick
220:13 is the higher low. So, our snake trick helps us identify where that higher low
220:16 helps us identify where that higher low and where that lower high is going to be
220:18 and where that lower high is going to be placed into the market. So, we have a
220:20 placed into the market. So, we have a clear understanding of where the market
220:22 clear understanding of where the market is at this point right now. Now, we use
220:24 is at this point right now. Now, we use the line chart that we're using right
220:26 the line chart that we're using right now to be able to very clearly identify
220:29 now to be able to very clearly identify this structure point. So, right here, we
220:31 this structure point. So, right here, we are using the line chart to tell if
220:33 are using the line chart to tell if something is bullish or bear. So we know
220:35 something is bullish or bear. So we know that this is the higher low and that
220:36 that this is the higher low and that this is the higher high. As long as we
220:38 this is the higher high. As long as we remain inside of this right here, we are
220:40 remain inside of this right here, we are bullish. If we break above once again,
220:42 bullish. If we break above once again, this becomes the higher high. This
220:44 this becomes the higher high. This becomes the higher low. And from this
220:47 becomes the higher low. And from this point right here, we break below. This
220:49 point right here, we break below. This becomes the lower low. And then this
220:50 becomes the lower low. And then this becomes a lower high. Right? Pretty
220:52 becomes a lower high. Right? Pretty self-explanatory. Just repeating the
220:54 self-explanatory. Just repeating the same thing in many different types of
220:56 same thing in many different types of examples. Right? Cool. Now let's come
220:58 examples. Right? Cool. Now let's come back to this example right here. Right?
221:00 back to this example right here. Right? Is this market bullish or is this market
221:03 Is this market bullish or is this market bearish? Right? Let's find out if you
221:05 bearish? Right? Let's find out if you were right about this trade and if you
221:07 were right about this trade and if you were right, if you're right about the
221:09 were right, if you're right about the correct point, right? Because if you
221:12 correct point, right? Because if you have I'm going to write this down as
221:13 have I'm going to write this down as another note. If you identify once you
221:16 another note. If you identify once you identify the market being bullish or
221:20 identify the market being bullish or bearish, you need to place the higher
221:24 bearish, you need to place the higher low, higher high, lower low. My computer
221:27 low, higher high, lower low. My computer gets a little bit slow. You need to
221:29 gets a little bit slow. You need to place the higher high, higher low, lower
221:32 place the higher high, higher low, lower low and lower high. Want to identify the
221:36 low and lower high. Want to identify the market being bullish or bearish. You
221:38 market being bullish or bearish. You could only identify that by being
221:39 could only identify that by being bullish or bearish by placing the higher
221:42 bullish or bearish by placing the higher high point and the higher low point. If
221:45 high point and the higher low point. If not, the market cannot be bullish or
221:47 not, the market cannot be bullish or bearish. So for examples purposes, let's
221:50 bearish. So for examples purposes, let's begin from over here. Right? This market
221:52 begin from over here. Right? This market at this point when we are identifying
221:54 at this point when we are identifying this market, let's make this all the way
221:56 this market, let's make this all the way to the left. This is the higher high and
221:58 to the left. This is the higher high and then this over here is the higher low.
222:02 then this over here is the higher low. Right? Do you guys agree this is the
222:04 Right? Do you guys agree this is the higher high in this market and that this
222:06 higher high in this market and that this is the higher low. Right? Very easy,
222:08 is the higher low. Right? Very easy, very self-explanatory. As long as we are
222:11 very self-explanatory. As long as we are inside of this higher high and higher
222:12 inside of this higher high and higher low, we are bullish. Right? So, we start
222:15 low, we are bullish. Right? So, we start moving a little bit more to the right
222:16 moving a little bit more to the right and boom, we now body candlestick close
222:19 and boom, we now body candlestick close below or we just candlestick close
222:21 below or we just candlestick close below. This turns into the lower low.
222:24 below. This turns into the lower low. Now, if we have a new lower low, we must
222:28 Now, if we have a new lower low, we must have a new lower high. So, where's the
222:30 have a new lower high. So, where's the lower high? I don't know. Let's bring
222:32 lower high? I don't know. Let's bring out the trusty snake trick. This is the
222:34 out the trusty snake trick. This is the head of the snake. We start working our
222:36 head of the snake. We start working our way backwards. Boom. We turn it. That
222:39 way backwards. Boom. We turn it. That right there is our lower high. Pretty
222:42 right there is our lower high. Pretty easy, pretty self-explanatory. Cool. We
222:45 easy, pretty self-explanatory. Cool. We keep working our way down. This
222:46 keep working our way down. This structure point right here, does that
222:48 structure point right here, does that make us bullish or bearish? This point
222:51 make us bullish or bearish? This point right here, 1 second. At the time of us
222:53 right here, 1 second. At the time of us looking at this market like this, is
222:54 looking at this market like this, is that still bullish or bearish? Bearish.
222:57 that still bullish or bearish? Bearish. Technically, this market is still
222:59 Technically, this market is still bearish. This is still the lower high.
223:01 bearish. This is still the lower high. This is still the lower low. We are yet
223:03 This is still the lower low. We are yet to break above or below this line,
223:05 to break above or below this line, making this market still bearish. Cool.
223:08 making this market still bearish. Cool. All right. What about now? We have
223:10 All right. What about now? We have officially body candlestick closed below
223:12 officially body candlestick closed below this lower high. I mean, excuse me, this
223:15 this lower high. I mean, excuse me, this lower low. So, this becomes the new
223:17 lower low. So, this becomes the new lower low. Where is the new lower high?
223:20 lower low. Where is the new lower high? I don't know. bring out our trusty snake
223:22 I don't know. bring out our trusty snake trick. Start working our way backwards.
223:24 trick. Start working our way backwards. This is the first turning point. Boom.
223:26 This is the first turning point. Boom. That right there is going to be the
223:29 That right there is going to be the actual lower high. Beautiful. We now
223:31 actual lower high. Beautiful. We now modify our lower high to that structure
223:34 modify our lower high to that structure point right there. As long as we remain
223:36 point right there. As long as we remain in between this lower high and lower
223:37 in between this lower high and lower low, we are going to be bearish. Cool.
223:40 low, we are going to be bearish. Cool. This structure point right there, is
223:41 This structure point right there, is that a new higher high? Is that a new
223:43 that a new higher high? Is that a new higher low? No. That is absolutely
223:45 higher low? No. That is absolutely nothing. We have not. This is just
223:47 nothing. We have not. This is just another structure point. This has not
223:48 another structure point. This has not broken above or below the lower high and
223:50 broken above or below the lower high and lower low. It's nothing. What about
223:52 lower low. It's nothing. What about this? Is this a new higher high? Is this
223:54 this? Is this a new higher high? Is this a new higher low? No, we have not body
223:57 a new higher low? No, we have not body candlestick closed above or below the
223:59 candlestick closed above or below the lower high and lower low. This market is
224:01 lower high and lower low. This market is still bearish, right? So, let's keep
224:03 still bearish, right? So, let's keep this going. Keep this going like this.
224:06 this going. Keep this going like this. What about that? We got very close. That
224:08 What about that? We got very close. That means we have to be bullish, right? Like
224:10 means we have to be bullish, right? Like we have to be bullish because it got
224:12 we have to be bullish because it got that close to the actual lower high.
224:14 that close to the actual lower high. Like it's it's got to be bullish. No. If
224:16 Like it's it's got to be bullish. No. If we have not body candlestick closed
224:18 we have not body candlestick closed above, if we have not structured closed
224:20 above, if we have not structured closed above or below, we are still bearish.
224:22 above or below, we are still bearish. What about now? That's like three
224:23 What about now? That's like three touches. It has to be it's almost there.
224:26 touches. It has to be it's almost there. Like come on. Like just count it. [ __ ]
224:27 Like come on. Like just count it. [ __ ] it. [ __ ] it. No. If we have not body
224:30 it. [ __ ] it. No. If we have not body closed above or below, we are not
224:32 closed above or below, we are not shifting structure. Very simple. What
224:34 shifting structure. Very simple. What about here? Exact same thing. We have
224:36 about here? Exact same thing. We have absolutely nothing. This market
224:38 absolutely nothing. This market structure is currently still below this
224:41 structure is currently still below this right here. So, we are still bearish. We
224:43 right here. So, we are still bearish. We keep it going. And guess what? If you
224:46 keep it going. And guess what? If you called this market bullish, you were
224:48 called this market bullish, you were wrong. And if you called this market
224:50 wrong. And if you called this market bearish, you were probably also wrong
224:53 bearish, you were probably also wrong because you did not know from where this
224:55 because you did not know from where this market structure was bearish. And this
224:57 market structure was bearish. And this is the problem with 99% of traders. They
225:01 is the problem with 99% of traders. They cannot identify if something is properly
225:03 cannot identify if something is properly bullish or bearish depending on the
225:06 bullish or bearish depending on the market structure. They just simply don't
225:08 market structure. They just simply don't know how to read market structure. That
225:11 know how to read market structure. That is a simple fact. they are uneducated or
225:14 is a simple fact. they are uneducated or they just don't care to get educated and
225:16 they just don't care to get educated and they don't know how to read market
225:18 they don't know how to read market structure. It is very simple. You can
225:20 structure. It is very simple. You can see a market that is trending like this,
225:22 see a market that is trending like this, right? For example, and then you would
225:24 right? For example, and then you would probably think that this market is
225:27 probably think that this market is bullish, right? Let's say right now,
225:28 bullish, right? Let's say right now, take take a pause. Bullish or bearish.
225:30 take take a pause. Bullish or bearish. Go ahead. Okay, it's bullish. Where's
225:32 Go ahead. Okay, it's bullish. Where's the higher high and where's the higher
225:34 the higher high and where's the higher low? A rookie trader or somebody that
225:36 low? A rookie trader or somebody that thinks that they know how to trade like,
225:37 thinks that they know how to trade like, "Yeah, that's the highest high and and
225:39 "Yeah, that's the highest high and and then yeah, this is the higher low over
225:41 then yeah, this is the higher low over here." Buddy, you realize how many times
225:43 here." Buddy, you realize how many times this market has like you do you see how
225:45 this market has like you do you see how many other structure points? It's like
225:47 many other structure points? It's like saying it's like if you're calling this
225:49 saying it's like if you're calling this right here sixth street and you're
225:51 right here sixth street and you're calling this right here fifth street.
225:53 calling this right here fifth street. Are you seeing how many times in between
225:56 Are you seeing how many times in between here? We have gone through so many
225:58 here? We have gone through so many different streets in order to get to
226:00 different streets in order to get to this right here. This is not even sixth
226:02 this right here. This is not even sixth street. This is like 10th street. People
226:04 street. This is like 10th street. People are just confusing it because they don't
226:06 are just confusing it because they don't know how to read market structure
226:07 know how to read market structure correctly. People are just confusing the
226:09 correctly. People are just confusing the roads because they don't know how to
226:10 roads because they don't know how to read the signs. They don't know their
226:12 read the signs. They don't know their streets. It's why people use GPS's
226:14 streets. It's why people use GPS's everywhere they go because they don't
226:15 everywhere they go because they don't know the roads. This right here, people
226:17 know the roads. This right here, people don't know how to read market structure,
226:18 don't know how to read market structure, but there's no GPS's to read market
226:21 but there's no GPS's to read market structure. So, they get these [ __ ]
226:22 structure. So, they get these [ __ ] indicators for them to actually read
226:24 indicators for them to actually read market structure thinking that that's
226:26 market structure thinking that that's the hack or the way to do it. This
226:27 the hack or the way to do it. This market right here, what if I told you is
226:30 market right here, what if I told you is actually bearish. And it's bearish based
226:32 actually bearish. And it's bearish based off of something extremely obvious,
226:33 off of something extremely obvious, right? So, we'll just do it one more
226:35 right? So, we'll just do it one more time, right? We have this right here. B
226:37 time, right? We have this right here. B for example, this is the higher high.
226:39 for example, this is the higher high. This is the higher low. As long as we
226:41 This is the higher low. As long as we remain inside of these two structure
226:42 remain inside of these two structure points, we are bullish. Boom. We have
226:44 points, we are bullish. Boom. We have body candlestick closed above. This
226:46 body candlestick closed above. This turnins into the higher high. We get our
226:49 turnins into the higher high. We get our trusty snake trick. Start working our
226:51 trusty snake trick. Start working our way back. This is the turning point.
226:53 way back. This is the turning point. This is the higher low. Let's continue
226:55 This is the higher low. Let's continue going in this markets. We are still
226:57 going in this markets. We are still bullish because this market is yet to
226:59 bullish because this market is yet to break above or below this structure
227:01 break above or below this structure point. So, this right here is absolutely
227:04 point. So, this right here is absolutely nothing. We are still very much bullish.
227:07 nothing. We are still very much bullish. Okay, we continue to go. What about this
227:09 Okay, we continue to go. What about this point right here? Same exact thing. This
227:11 point right here? Same exact thing. This is still between the higher high and
227:13 is still between the higher high and between the higher low. So, we are still
227:15 between the higher low. So, we are still bullish. What about now? Still bullish.
227:18 bullish. What about now? Still bullish. This is still the higher high. This is
227:20 This is still the higher high. This is still the higher low. We have not body
227:22 still the higher low. We have not body candlestick closed above or below. What
227:24 candlestick closed above or below. What about now? We body candlestick closed
227:26 about now? We body candlestick closed above. Cool. That becomes now the higher
227:29 above. Cool. That becomes now the higher high. Where is the higher low? I don't
227:32 high. Where is the higher low? I don't know. All I know is if I bring out my
227:34 know. All I know is if I bring out my trusty snake trick, I start working my
227:36 trusty snake trick, I start working my my way backwards. The first turning
227:38 my way backwards. The first turning point that is now going to be the higher
227:41 point that is now going to be the higher low. That right there is going to now be
227:44 low. That right there is going to now be moved to my higher low. So this will be
227:46 moved to my higher low. So this will be my higher low at this point right here.
227:48 my higher low at this point right here. We keep moving to the right and then we
227:50 We keep moving to the right and then we have boom a little bit of a break above.
227:53 have boom a little bit of a break above. This is officially broken above the
227:54 This is officially broken above the higher high. That's the new higher high.
227:56 higher high. That's the new higher high. Where's the higher low? I don't know.
227:59 Where's the higher low? I don't know. This is the head of the snake. We then
228:02 This is the head of the snake. We then turn then this is officially going to be
228:04 turn then this is officially going to be the higher low structure point in this
228:06 the higher low structure point in this market. We turn this into the higher low
228:09 market. We turn this into the higher low and if we continue going to this market
228:11 and if we continue going to this market we body candlestick or structure point
228:14 we body candlestick or structure point close below that small break right there
228:16 close below that small break right there counts. Yes indeed this turns into the
228:19 counts. Yes indeed this turns into the lower low. Where is the lower high? I
228:21 lower low. Where is the lower high? I don't know. I get the head of the snake.
228:23 don't know. I get the head of the snake. I then start working my way backwards.
228:26 I then start working my way backwards. First turn that is going to be the lower
228:29 First turn that is going to be the lower high point at this point. right here. So
228:31 high point at this point. right here. So now this market is bearish because that
228:34 now this market is bearish because that is the lower high and that is the lower
228:36 is the lower high and that is the lower low. This right here has not body
228:38 low. This right here has not body candlestick closed above this point. So
228:40 candlestick closed above this point. So now we are still technically bearish.
228:43 now we are still technically bearish. That right there is what 99% of traders
228:47 That right there is what 99% of traders cannot do correctly. And I wish I could
228:49 cannot do correctly. And I wish I could just educate people on just that. I
228:51 just educate people on just that. I don't want to teach everybody my
228:53 don't want to teach everybody my strategy. I don't want everybody to have
228:54 strategy. I don't want everybody to have my strategy. I really don't. I could
228:56 my strategy. I really don't. I could give a [ __ ] I just want people to learn
228:58 give a [ __ ] I just want people to learn how to read the market. I feel as if
229:00 how to read the market. I feel as if people were just to be able to
229:02 people were just to be able to understand if the market is bullish or
229:04 understand if the market is bullish or bearish in the first hand, then they
229:07 bearish in the first hand, then they would be able to actually be able to
229:09 would be able to actually be able to make a logical trade decision because
229:11 make a logical trade decision because right here, let's say you don't know how
229:13 right here, let's say you don't know how to identify if this market is bullish or
229:15 to identify if this market is bullish or bearish. You would see this market
229:16 bearish. You would see this market heading up. You're like, "Yep, buy."
229:18 heading up. You're like, "Yep, buy." You're actually buying at the worst
229:20 You're actually buying at the worst point because this market has just
229:22 point because this market has just shifted bearish. This is having the
229:24 shifted bearish. This is having the retracements to then literally create
229:26 retracements to then literally create the perfect lower low leg to the
229:28 the perfect lower low leg to the downside. This has hit the top of a
229:30 downside. This has hit the top of a trend. We've had a reversal pattern
229:32 trend. We've had a reversal pattern right here. This is the left head, right
229:34 right here. This is the left head, right shoulder of this market. It's creating
229:36 shoulder of this market. It's creating the perfect reversal pattern, retesting
229:39 the perfect reversal pattern, retesting the neckline, and then we're selling.
229:41 the neckline, and then we're selling. But you can't even tell the difference
229:42 But you can't even tell the difference in between if it's bullish or bearish.
229:44 in between if it's bullish or bearish. And that's why you're losing. You're not
229:45 And that's why you're losing. You're not losing because you don't have a
229:46 losing because you don't have a strategy. You're just losing because you
229:48 strategy. You're just losing because you don't know how to read the market. Not
229:50 don't know how to read the market. Not knowing how to read the market. Not
229:51 knowing how to read the market. Not having a strategy is already bad. But
229:53 having a strategy is already bad. But not knowing how to read the market and
229:55 not knowing how to read the market and not having a strategy. It's just a
229:56 not having a strategy. It's just a combination for the worst possible
229:58 combination for the worst possible outcome ever. That's what I want to
229:59 outcome ever. That's what I want to educate people on first. It's like learn
230:01 educate people on first. It's like learn how to read the market. And then you can
230:04 how to read the market. And then you can think about how you can actually execute
230:06 think about how you can actually execute a strategy. Learn on how to read the
230:09 a strategy. Learn on how to read the streets. Learn how to read the stop
230:11 streets. Learn how to read the stop sign, the red lights, the green lights,
230:13 sign, the red lights, the green lights, the turning signals, the highways. Then
230:16 the turning signals, the highways. Then you can think about speeding and getting
230:17 you can think about speeding and getting to places fast. But you can't speed and
230:20 to places fast. But you can't speed and drift and and and and haul ass to places
230:22 drift and and and and haul ass to places if you don't know where you're going and
230:24 if you don't know where you're going and you don't know the roads. You cannot
230:26 you don't know the roads. You cannot ident you can't buy or sell a market if
230:29 ident you can't buy or sell a market if you don't know the difference between if
230:30 you don't know the difference between if it's going up or if it's going down.
230:32 it's going up or if it's going down. This right here is going to be the core
230:34 This right here is going to be the core foundation of everything else that I
230:36 foundation of everything else that I want to teach you. So I really really
230:37 want to teach you. So I really really really really
230:39 really really want to break this down to the tea and
230:41 want to break this down to the tea and get you guys to understand everything to
230:43 get you guys to understand everything to perfection because once you understand
230:44 perfection because once you understand this you get everything else right. So,
230:46 this you get everything else right. So, what I've just taught you right now is
230:48 what I've just taught you right now is how to identify if something is bullish
230:51 how to identify if something is bullish or if something is bearish based off of
230:53 or if something is bearish based off of the line chart. Right now, let's say
230:56 the line chart. Right now, let's say right now I'm going to grab this market
230:58 right now I'm going to grab this market right here. Right? So, for example,
231:00 right here. Right? So, for example, we're going to go to the most recent
231:02 we're going to go to the most recent price. Right? This is S&P 500 right now
231:05 price. Right? This is S&P 500 right now in the live market. Right? So, we're
231:06 in the live market. Right? So, we're going to switch from the candlestick
231:09 going to switch from the candlestick chart to then the line chart. Now, if
231:12 chart to then the line chart. Now, if you were to go ahead and tell me if this
231:14 you were to go ahead and tell me if this market right here is bullish or is this
231:18 market right here is bullish or is this market bearish, it would almost be
231:20 market bearish, it would almost be extremely obvious, right? Because based
231:21 extremely obvious, right? Because based off of everything that I have pretty
231:23 off of everything that I have pretty much just showed you, you would be able
231:25 much just showed you, you would be able to identify that this market is
231:27 to identify that this market is obviously bullish, right? You can tell
231:29 obviously bullish, right? You can tell that this market right here, this is
231:30 that this market right here, this is going to be the highest high and that
231:33 going to be the highest high and that the higher low is going to be at this
231:36 the higher low is going to be at this point right here. Right? You can tell
231:38 point right here. Right? You can tell that this market is bullish. You can
231:39 that this market is bullish. You can tell that this market, if we were
231:41 tell that this market, if we were looking at it from over here, for
231:42 looking at it from over here, for example, you can tell that this was the
231:44 example, you can tell that this was the higher high. This was the higher low. If
231:48 higher high. This was the higher low. If we body candlestick closed above this
231:50 we body candlestick closed above this line right here, this becomes the higher
231:53 line right here, this becomes the higher high. Where is the higher low? You get
231:55 high. Where is the higher low? You get the head of the snake. And then this
231:57 the head of the snake. And then this head of the snake, you start working it
231:58 head of the snake, you start working it backwards. And then at the turning
232:00 backwards. And then at the turning point, that is going to be the higher
232:02 point, that is going to be the higher low. All right, very easy. I've taught
232:04 low. All right, very easy. I've taught you all this up to this point. Right?
232:05 you all this up to this point. Right? Now you know that this is going to be
232:07 Now you know that this is going to be the higher low from this point right
232:09 the higher low from this point right here. Cool. You know if we body
232:11 here. Cool. You know if we body candlestick close below it, we'll go
232:13 candlestick close below it, we'll go bearish. So this then becomes the lower
232:15 bearish. So this then becomes the lower low and then this right here becomes
232:17 low and then this right here becomes then the lower high. You know if we body
232:20 then the lower high. You know if we body candlestick above this, we then go
232:22 candlestick above this, we then go bullish. Oh, that right there did not
232:24 bullish. Oh, that right there did not body can well we'd have to go check if
232:26 body can well we'd have to go check if the bodies did and I'll explain that in
232:27 the bodies did and I'll explain that in just a second. But based off of the
232:28 just a second. But based off of the market structure, guess what? We did not
232:31 market structure, guess what? We did not break above that point. So we still
232:33 break above that point. So we still remained bearish. We continue to go and
232:35 remained bearish. We continue to go and then now we have officially broken above
232:38 then now we have officially broken above this structure point over here. So this
232:40 this structure point over here. So this became the higher high and then where
232:43 became the higher high and then where was the higher low? I don't know. I get
232:45 was the higher low? I don't know. I get my trusty snake trick, start working my
232:47 my trusty snake trick, start working my way down and boom, this is a significant
232:50 way down and boom, this is a significant point where the market actually
232:51 point where the market actually reversed. So then this right here is
232:53 reversed. So then this right here is actually going to become the higher low.
232:55 actually going to become the higher low. We break above and then we have higher
232:58 We break above and then we have higher high and higher low. Very clean, very
233:01 high and higher low. Very clean, very obvious, very straight to the point.
233:03 obvious, very straight to the point. This right here is a very very very
233:05 This right here is a very very very obvious market determining whether it's
233:09 obvious market determining whether it's bullish or if this market is bearish.
233:11 bullish or if this market is bearish. Wow. I have just hit stop loss on my
233:14 Wow. I have just hit stop loss on my trade. I just uh I'm looking at it here
233:16 trade. I just uh I'm looking at it here right now live. Great. I just hit stop
233:19 right now live. Great. I just hit stop loss. Let me make sure. One second. Uh
233:23 loss. Let me make sure. One second. Uh yep. I just hit stop loss. I lost right
233:26 yep. I just hit stop loss. I lost right now $153,000.
233:29 now $153,000. Could have definitely been worse. Could
233:30 Could have definitely been worse. Could have definitely been worse. I just took
233:32 have definitely been worse. I just took a trade that simply made absolutely no
233:36 a trade that simply made absolutely no sense. And this trade right here that I
233:38 sense. And this trade right here that I was saying I was going to wait for the
233:40 was saying I was going to wait for the candlestick to close. Guess what
233:42 candlestick to close. Guess what happened? That's what happened. So, you
233:44 happened? That's what happened. So, you guys have seen this happen in real time.
233:45 guys have seen this happen in real time. The market moves very fast and you know,
233:48 The market moves very fast and you know, I'm focused on educating you guys right
233:49 I'm focused on educating you guys right now. It is what it is. I missed out on
233:51 now. It is what it is. I missed out on this trade, but just perfect example of
233:54 this trade, but just perfect example of the market moving to perfection right
233:56 the market moving to perfection right here. So, this right here, hit my stop
233:58 here. So, this right here, hit my stop loss. I took this trade against the
234:00 loss. I took this trade against the trend. And then I'll explain all this to
234:01 trend. And then I'll explain all this to you guys later. This trade, I would have
234:03 you guys later. This trade, I would have taken this loss. And this trade, I
234:05 taken this loss. And this trade, I missed out on this win. It is what it
234:07 missed out on this win. It is what it is. It is part of the game. But for
234:10 is. It is part of the game. But for example, if we were to go ahead and go
234:12 example, if we were to go ahead and go to a different market, for example,
234:14 to a different market, for example, let's say we were And by by the way, ju
234:16 let's say we were And by by the way, ju just to show you guys, I'm not lying. So
234:19 just to show you guys, I'm not lying. So GBPC uh USDCHF, this market right here,
234:22 GBPC uh USDCHF, this market right here, let me go back over here. I literally
234:24 let me go back over here. I literally just took this loss right now. took this
234:26 just took this loss right now. took this loss right now for $153,000.
234:30 loss right now for $153,000. So you guys can see it right there for
234:32 So you guys can see it right there for yourselves. $153,000.
234:35 yourselves. $153,000. Now, I should have not taken the trade
234:37 Now, I should have not taken the trade in the first place. It was a very
234:38 in the first place. It was a very high-risisk trade. But, you know, I
234:40 high-risisk trade. But, you know, I personally accepted it and I even
234:42 personally accepted it and I even recorded me taking that trade live and
234:45 recorded me taking that trade live and I'll put the channel my other channel
234:46 I'll put the channel my other channel probably somewhere in the link below
234:48 probably somewhere in the link below where I break these trades down live and
234:50 where I break these trades down live and why I'm interested in taking it, so on
234:52 why I'm interested in taking it, so on and so forth. But yeah, this just
234:54 and so forth. But yeah, this just happens to be a very degenerate trade,
234:56 happens to be a very degenerate trade, right? So, for example, let's say we're
234:58 right? So, for example, let's say we're looking at this market right here and
235:00 looking at this market right here and we're looking at it based off of the
235:01 we're looking at it based off of the line chart. The exact same trade that I
235:03 line chart. The exact same trade that I have taken. What can you tell based off
235:05 have taken. What can you tell based off of this market right here? Well, you can
235:07 of this market right here? Well, you can obviously tell that this market is
235:09 obviously tell that this market is bearish, right? This market at one
235:10 bearish, right? This market at one point, this was the lower high over
235:13 point, this was the lower high over here. This market was this was the lower
235:15 here. This market was this was the lower low. We broke below. So, this makes this
235:18 low. We broke below. So, this makes this the new lower low. And then if we were
235:20 the new lower low. And then if we were to do our trusty snake trick, this would
235:22 to do our trusty snake trick, this would be the head of our snake. And if we
235:24 be the head of our snake. And if we start working our way backwards, this
235:27 start working our way backwards, this would be the first turning point right
235:28 would be the first turning point right here. This would be the lower high. So
235:31 here. This would be the lower high. So this market would have gone from bearish
235:34 this market would have gone from bearish to then bearish, right? This would be
235:35 to then bearish, right? This would be the new lower low. This would then be
235:38 the new lower low. This would then be the new lower high at this structure
235:39 the new lower high at this structure point, right? So we can tell that this
235:41 point, right? So we can tell that this would be bearish on this time frame. If
235:43 would be bearish on this time frame. If we go down to the 4our, on the 4 hour,
235:45 we go down to the 4our, on the 4 hour, we can tell pretty much the same thing
235:47 we can tell pretty much the same thing that this is the lower low. And if we
235:49 that this is the lower low. And if we start doing the little trusty move for
235:51 start doing the little trusty move for me personally, if I were to be a snake,
235:53 me personally, if I were to be a snake, this right here is just another little
235:54 this right here is just another little bump on the road. This is just a little
235:56 bump on the road. This is just a little bump in the road. But this right here is
235:58 bump in the road. But this right here is a very significant turn. There was
235:59 a very significant turn. There was probably something very sharp, very
236:01 probably something very sharp, very important there. So I would put the
236:03 important there. So I would put the lower high at that structure point right
236:05 lower high at that structure point right there. You always want to place your
236:07 there. You always want to place your lower high and your lower low at the
236:09 lower high and your lower low at the points where there's a significant move
236:11 points where there's a significant move just like this one. something that is
236:13 just like this one. something that is very obvious that the market had a
236:15 very obvious that the market had a reaction from from like this from this
236:17 reaction from from like this from this to this to this to this to this. These
236:19 to this to this to this to this. These smaller points right here aren't really
236:21 smaller points right here aren't really as significant as structure points for
236:22 as significant as structure points for me. Neither are these very small ones.
236:24 me. Neither are these very small ones. It needs to be a very sharp clean
236:26 It needs to be a very sharp clean turning point. That is what's going to
236:28 turning point. That is what's going to be considered a valid structure point.
236:31 be considered a valid structure point. Now we for now we're going to be using
236:33 Now we for now we're going to be using the line chart to identify these very
236:35 the line chart to identify these very sharp structure points. But we are going
236:36 sharp structure points. But we are going to be moving to the candlesticks soon.
236:38 to be moving to the candlesticks soon. Now moving on to the next subject which
236:40 Now moving on to the next subject which is the actual candlestick trading. It is
236:43 is the actual candlestick trading. It is actually very easy right because a lot
236:45 actually very easy right because a lot of traders sometimes they get confused
236:46 of traders sometimes they get confused and what they end up doing is that they
236:49 and what they end up doing is that they pretty much come here into the market
236:50 pretty much come here into the market and they'll be confused if this is a
236:53 and they'll be confused if this is a higher low if this is a higher high this
236:55 higher low if this is a higher high this is a higher low if this is a higher
236:57 is a higher low if this is a higher high. And what if I told you that it's
236:59 high. And what if I told you that it's just extremely easy for you to be able
237:00 just extremely easy for you to be able to identify if something is bullish or
237:02 to identify if something is bullish or bearish. just go to the line chart back
237:05 bearish. just go to the line chart back into exactly what I was just educating
237:07 into exactly what I was just educating you guys on and just do the exact same
237:09 you guys on and just do the exact same thing that I was showing you right now
237:11 thing that I was showing you right now to this point. Let's say we start
237:12 to this point. Let's say we start breaking it down from this point right
237:15 breaking it down from this point right here for example, right? We're going to
237:16 here for example, right? We're going to use the bar replay and we're going to go
237:18 use the bar replay and we're going to go back this market right here. Why would
237:20 back this market right here. Why would you get lost in identifying if all this
237:23 you get lost in identifying if all this over here is bullish or bearish when you
237:24 over here is bullish or bearish when you can really just work from this structure
237:27 can really just work from this structure point right here? You can tell that this
237:28 point right here? You can tell that this structure point right here is obviously
237:30 structure point right here is obviously the highest high in this market. So,
237:32 the highest high in this market. So, we're going to count this as what it is,
237:34 we're going to count this as what it is, the highest high. Now, if we were get to
237:37 the highest high. Now, if we were get to get the head of our snake trick and we
237:39 get the head of our snake trick and we start working our way down, working our
237:41 start working our way down, working our way down. Boom. This market has indeed
237:44 way down. Boom. This market has indeed reversed from this point. Right now,
237:46 reversed from this point. Right now, this is the first turn. So, then this
237:48 this is the first turn. So, then this will turn into the higher high and then
237:51 will turn into the higher high and then this will turn into the higher low. Now,
237:55 this will turn into the higher low. Now, this market turning into the higher low
237:57 this market turning into the higher low confirms that as long as we are inside
237:59 confirms that as long as we are inside of this higher high and higher low, this
238:01 of this higher high and higher low, this market will remain bullish. Pretty easy,
238:05 market will remain bullish. Pretty easy, pretty self-explanatory. All we have to
238:06 pretty self-explanatory. All we have to do now is go back to the candlestick
238:08 do now is go back to the candlestick chart. And would you look at that? We
238:10 chart. And would you look at that? We have our higher low placed perfectly at
238:14 have our higher low placed perfectly at our higher low and placed perfectly at
238:15 our higher low and placed perfectly at this higher high. All we really have to
238:17 this higher high. All we really have to do here is just adjust it slightly and
238:20 do here is just adjust it slightly and put it to the bodies of the
238:22 put it to the bodies of the candlesticks. When it comes to
238:23 candlesticks. When it comes to identifying market structure on the
238:26 identifying market structure on the actual candlestick chart, it really is
238:28 actual candlestick chart, it really is no different than the line chart. You
238:30 no different than the line chart. You just want to make sure that you are
238:31 just want to make sure that you are doing it based off of the bodies of the
238:34 doing it based off of the bodies of the candlesticks. Do not take the wicks into
238:36 candlesticks. Do not take the wicks into account. Remember, the wicks are the
238:39 account. Remember, the wicks are the trail of where the market has been, but
238:41 trail of where the market has been, but it's not the actual structure of where
238:43 it's not the actual structure of where the market has been. You want to make
238:45 the market has been. You want to make sure you are going based off of
238:47 sure you are going based off of structure. So, a little bit of a of a
238:49 structure. So, a little bit of a of a hack if you would in order for you to
238:51 hack if you would in order for you to have a bit more clarity on this if it's
238:53 have a bit more clarity on this if it's your first time identifying market
238:55 your first time identifying market structure. It's better if you do it with
238:57 structure. It's better if you do it with the actual candlesticks and not the
238:59 the actual candlesticks and not the wicks. So, double click on the charts
239:01 wicks. So, double click on the charts and once you double click on the charts,
239:03 and once you double click on the charts, go to style. Make sure you have all of
239:05 go to style. Make sure you have all of these un unchecked. And then make sure
239:07 these un unchecked. And then make sure you go to the no gap candlesticks. Go to
239:10 you go to the no gap candlesticks. Go to the settings of the no gap candlesticks.
239:12 the settings of the no gap candlesticks. And then on the wicks, just put them to
239:15 And then on the wicks, just put them to the color of your background. and my
239:17 the color of your background. and my background is white. And if you notice,
239:19 background is white. And if you notice, if I were to do that, I no longer have
239:22 if I were to do that, I no longer have wicks. I'm only looking at the market
239:25 wicks. I'm only looking at the market structure for what it is, the market
239:27 structure for what it is, the market structure. I'm looking for it based off
239:29 structure. I'm looking for it based off of every single elbow point. So, if I'm
239:32 of every single elbow point. So, if I'm basing the structure, it's very easy for
239:34 basing the structure, it's very easy for me to play structure structure
239:36 me to play structure structure throughout all of here. It's very easy
239:38 throughout all of here. It's very easy for me to identify this structure
239:40 for me to identify this structure exactly how the line chart would do it.
239:43 exactly how the line chart would do it. So, I want to first practice on the line
239:45 So, I want to first practice on the line chart. So, first I can identify all of
239:48 chart. So, first I can identify all of these structure points here as clear as
239:50 these structure points here as clear as I can. And then after I identify all
239:52 I can. And then after I identify all these structure points, I then want to
239:54 these structure points, I then want to be able to just go ahead and do it on
239:56 be able to just go ahead and do it on the candlestick chart for my own without
239:59 the candlestick chart for my own without actually using the line chart. So here
240:02 actually using the line chart. So here for example, we have this as the higher
240:03 for example, we have this as the higher high. We have this as the higher low. As
240:06 high. We have this as the higher low. As long as we are in between, we are still
240:08 long as we are in between, we are still bullish. Now what has happened here? We
240:11 bullish. Now what has happened here? We have now body candlestick closed above.
240:14 have now body candlestick closed above. That is now the confirmed higher high.
240:17 That is now the confirmed higher high. Where is the confirmed higher low? I
240:19 Where is the confirmed higher low? I don't know. We place the head of the
240:20 don't know. We place the head of the snake. We start coming backwards and
240:22 snake. We start coming backwards and boom, we turn. That right there is
240:25 boom, we turn. That right there is indeed going to be the higher low. We
240:27 indeed going to be the higher low. We just get the higher low. We move it up.
240:29 just get the higher low. We move it up. And as of right now, that's the higher
240:31 And as of right now, that's the higher high. The higher high can obviously
240:33 high. The higher high can obviously move. So this higher high, if it
240:36 move. So this higher high, if it continue to move a little bit more up,
240:37 continue to move a little bit more up, then that's the higher high. What gives
240:39 then that's the higher high. What gives us the indication that that high push is
240:42 us the indication that that high push is done is once we actually start to have
240:45 done is once we actually start to have some type of retracement, a candlestick
240:47 some type of retracement, a candlestick like this that starts to have a
240:50 like this that starts to have a pullback. That pullback is what creates
240:53 pullback. That pullback is what creates that elbow. It's what creates that
240:54 that elbow. It's what creates that structure point, which creates that stop
240:56 structure point, which creates that stop sign, that turning point. This
240:58 sign, that turning point. This candlestick is what leads us to
241:00 candlestick is what leads us to understand that this push has somewhat
241:04 understand that this push has somewhat stopped and now this can potentially
241:05 stopped and now this can potentially start coming back into a pullback.
241:07 start coming back into a pullback. whether it's going to continue going to
241:09 whether it's going to continue going to the upside or go bearish. But this
241:11 the upside or go bearish. But this candlestick confirms that that body
241:13 candlestick confirms that that body structure right there is indeed the
241:16 structure right there is indeed the higher high. And obviously a
241:17 higher high. And obviously a continuation push after that would just
241:19 continuation push after that would just confirm that. So as of right now, we
241:22 confirm that. So as of right now, we know that this is the higher low to this
241:23 know that this is the higher low to this structure point. And we know that this
241:25 structure point. And we know that this is the higher high. This market is very
241:27 is the higher high. This market is very much bullish. If we go back out to the
241:30 much bullish. If we go back out to the line chart for just some verification,
241:31 line chart for just some verification, we can tell that this is the higher low
241:33 we can tell that this is the higher low and that's the higher high. very clean,
241:36 and that's the higher high. very clean, very obvious. There's no if ends or
241:38 very obvious. There's no if ends or buts, right? As long as we are above
241:40 buts, right? As long as we are above this higher low, we are bullish. Now,
241:43 this higher low, we are bullish. Now, let's say something like that would
241:44 let's say something like that would happen. Something like that is now
241:47 happen. Something like that is now confirming that we have body candlestick
241:50 confirming that we have body candlestick closed below the higher low and now we
241:53 closed below the higher low and now we are bearish. So, as soon as this
241:56 are bearish. So, as soon as this singular candlestick right here, body
241:59 singular candlestick right here, body candlestick closed below this structure
242:01 candlestick closed below this structure point, we are bearish. So, I know I I
242:04 point, we are bearish. So, I know I I kind of sneaked it in there and I said
242:05 kind of sneaked it in there and I said it a lot throughout the whole entire
242:07 it a lot throughout the whole entire part of us speaking about market
242:09 part of us speaking about market structure, but this market could have
242:11 structure, but this market could have been creating a wick. This market could
242:13 been creating a wick. This market could have wicked into this side. And let's
242:15 have wicked into this side. And let's say for example, right now we are on the
242:17 say for example, right now we are on the 4hour time frame, right? It's the 4hour
242:19 4hour time frame, right? It's the 4hour time frame. There's still 2 hours left
242:21 time frame. There's still 2 hours left in this candlestick. And this
242:22 in this candlestick. And this candlestick has is below this higher
242:25 candlestick has is below this higher low, right? It hasn't closed below. It
242:27 low, right? It hasn't closed below. It is below this higher low. And there's
242:29 is below this higher low. And there's still two hours left for this
242:31 still two hours left for this candlestick to close. Is that a bearish
242:34 candlestick to close. Is that a bearish confirmation? No. Because that
242:37 confirmation? No. Because that candlestick has not closed. In those two
242:40 candlestick has not closed. In those two hours, for all we know, this candlestick
242:43 hours, for all we know, this candlestick can come back up and then close above
242:46 can come back up and then close above this higher low and it was just creating
242:48 this higher low and it was just creating a wick and then this continues to have
242:50 a wick and then this continues to have the push to the upside. You only take
242:53 the push to the upside. You only take the trade or excuse me, you only confirm
242:56 the trade or excuse me, you only confirm that this market is bearish once we have
242:59 that this market is bearish once we have body candlestick closed below after
243:03 body candlestick closed below after let's say we are here for 2 hours left
243:05 let's say we are here for 2 hours left to the candlestick and then the
243:06 to the candlestick and then the remaining 2 hours it just consolidates
243:08 remaining 2 hours it just consolidates here and it closes below. Now we have a
243:12 here and it closes below. Now we have a confirmed shift of structure. This
243:14 confirmed shift of structure. This market is no longer bullish. It is only
243:18 market is no longer bullish. It is only confirmed shifting structure once this
243:20 confirmed shifting structure once this candlestick has closed below. So then
243:23 candlestick has closed below. So then this would turn into the lower low. And
243:26 this would turn into the lower low. And then let's go backwards. Let's pretend
243:28 then let's go backwards. Let's pretend we don't know where the lower high is.
243:29 we don't know where the lower high is. This is the height of the snake. Start
243:31 This is the height of the snake. Start working our way backwards. This is the
243:33 working our way backwards. This is the turn. Boom. That right there is the
243:35 turn. Boom. That right there is the lower high. So we know that this is the
243:38 lower high. So we know that this is the lower high. And we know that that down
243:41 lower high. And we know that that down there is the lower low. Now, this lower
243:43 there is the lower low. Now, this lower low can continue go down into who knows
243:46 low can continue go down into who knows when. We don't know until that lower low
243:49 when. We don't know until that lower low is going to stop. But we know that lower
243:51 is going to stop. But we know that lower low will stop once we start to have a
243:54 low will stop once we start to have a retracement. When we start to have some
243:56 retracement. When we start to have some type of a pullback, that is our first
243:58 type of a pullback, that is our first indication that now we are stopping.
244:00 indication that now we are stopping. Right? So, this move has stopped and now
244:02 Right? So, this move has stopped and now we can potentially create a new lower
244:04 we can potentially create a new lower high to then create a new lower low. But
244:07 high to then create a new lower low. But as of right now, this is not the
244:09 as of right now, this is not the confirmed lower low. This is just the
244:11 confirmed lower low. This is just the current low low. Like this is the lowest
244:13 current low low. Like this is the lowest point in this move. We only get a
244:16 point in this move. We only get a confirmation and you guys should be
244:17 confirmation and you guys should be writing all of this down and you guys
244:19 writing all of this down and you guys can go back if needed. But you only get
244:21 can go back if needed. But you only get a confirmation once the candlestick has
244:24 a confirmation once the candlestick has actually closed. And as of right now,
244:27 actually closed. And as of right now, this candlestick has closed, but it
244:28 this candlestick has closed, but it hasn't stopped. So you only get the
244:30 hasn't stopped. So you only get the confirmation once this candlestick has
244:32 confirmation once this candlestick has stopped. And as of right now, for all we
244:34 stopped. And as of right now, for all we know, this next candlestick can keep
244:36 know, this next candlestick can keep going down or it could stop and start to
244:38 going down or it could stop and start to have a retracement. So let's see what
244:39 have a retracement. So let's see what happens. So the next candlestick that we
244:41 happens. So the next candlestick that we get from this market is going to be a
244:44 get from this market is going to be a reversal. Okay, cool. So this
244:46 reversal. Okay, cool. So this candlestick having this retracement to
244:48 candlestick having this retracement to the upside let us know that this
244:50 the upside let us know that this candlestick has officially stopped here.
244:52 candlestick has officially stopped here. So now we know that this is the
244:54 So now we know that this is the confirmed lower high and that this is
244:55 confirmed lower high and that this is the confirmed lower low. The next
244:57 the confirmed lower low. The next candlestick can pretty much do something
244:59 candlestick can pretty much do something like this. And then guess what? This
245:02 like this. And then guess what? This will now be the new lower low. And then
245:04 will now be the new lower low. And then this will now be the new lower high. And
245:06 this will now be the new lower high. And you can see this very clearly in the
245:09 you can see this very clearly in the market structure area. Market structure
245:11 market structure area. Market structure area. If you guys were to see it, you
245:13 area. If you guys were to see it, you can tell that this is the lower high.
245:15 can tell that this is the lower high. This is the lower low. And this is now
245:17 This is the lower low. And this is now potentially having a reversal to
245:19 potentially having a reversal to continue going down. We know that as
245:21 continue going down. We know that as long as we are inside of this lower high
245:23 long as we are inside of this lower high and this lower low, we are bearish. And
245:25 and this lower low, we are bearish. And by the way, I just switched over to this
245:27 by the way, I just switched over to this camera because my other camera just ran
245:29 camera because my other camera just ran out of battery, right? But let's
245:30 out of battery, right? But let's continue to go with this example. Right?
245:32 continue to go with this example. Right? So now we know that this is the lower
245:34 So now we know that this is the lower high. We know that this is the confirmed
245:36 high. We know that this is the confirmed lower low and that this market is indeed
245:38 lower low and that this market is indeed bearish as long as we remain inside of
245:40 bearish as long as we remain inside of this lower high and this lower low. We
245:42 this lower high and this lower low. We are then bearish. Cool. So right now
245:44 are then bearish. Cool. So right now this market can do exactly right could
245:46 this market can do exactly right could do exactly what it's doing right now.
245:47 do exactly what it's doing right now. Has this closed below? No. So that is
245:50 Has this closed below? No. So that is not indeed the bearish move. As you can
245:52 not indeed the bearish move. As you can tell took me way too long to pause it.
245:54 tell took me way too long to pause it. But as you can tell this candlestick
245:56 But as you can tell this candlestick indeed did break below that structure
245:58 indeed did break below that structure point. So then that will go as the lower
246:01 point. So then that will go as the lower low. And if we were to then go ahead and
246:03 low. And if we were to then go ahead and do our trusty snake trick, this is the
246:05 do our trusty snake trick, this is the head of the snake. This is where the
246:07 head of the snake. This is where the snake has to then turn. That will then
246:09 snake has to then turn. That will then be the lower high right then at that
246:11 be the lower high right then at that structure point. Then, as you can tell,
246:13 structure point. Then, as you can tell, we body candlestick close below once
246:15 we body candlestick close below once again. This turns into becoming the
246:18 again. This turns into becoming the lower low. And then if we were to do the
246:20 lower low. And then if we were to do the trusty snake trick, this becomes the
246:22 trusty snake trick, this becomes the lower high once again. And then we body
246:24 lower high once again. And then we body candlestick close above this right here
246:26 candlestick close above this right here becomes the higher high. And then if we
246:28 becomes the higher high. And then if we were to do our trusty snake trick head,
246:30 were to do our trusty snake trick head, the market turns, then that right there
246:33 the market turns, then that right there will turn into the actual higher low.
246:35 will turn into the actual higher low. Now all that right there shifted from
246:37 Now all that right there shifted from bearish to bullish to bearish to bullish
246:39 bearish to bullish to bearish to bullish in just 12 hours cuz we are currently on
246:41 in just 12 hours cuz we are currently on the 4hour time frame. Now you guys can
246:43 the 4hour time frame. Now you guys can see if we were to go to the line chart
246:45 see if we were to go to the line chart for example, you can see how this
246:46 for example, you can see how this created lower high, lower low, lower
246:49 created lower high, lower low, lower high, lower low, and then we shifted
246:51 high, lower low, and then we shifted bullish. So right now that this market
246:53 bullish. So right now that this market has shifted bullish, we can simply wait
246:55 has shifted bullish, we can simply wait for a retracement to then buy. But we
246:57 for a retracement to then buy. But we don't know if this move has stopped. We
247:00 don't know if this move has stopped. We don't know if this is the ultimate
247:01 don't know if this is the ultimate higher high or not. So let's see what
247:03 higher high or not. So let's see what this market brings. So right now it's
247:05 this market brings. So right now it's showing some type of a retracement. So
247:07 showing some type of a retracement. So this is the confirmed higher high. And
247:09 this is the confirmed higher high. And now right here we're having a
247:10 now right here we're having a retracement. And this can be the perfect
247:11 retracement. And this can be the perfect higher low to then create a new higher
247:14 higher low to then create a new higher high. So this market is yet to break
247:17 high. So this market is yet to break above this higher high. And into that
247:20 above this higher high. And into that candlestick is not closed. It is not a
247:22 candlestick is not closed. It is not a confirmed closure above the higher high.
247:25 confirmed closure above the higher high. If you notice that minor candlestick
247:27 If you notice that minor candlestick closing above the higher high, guess
247:29 closing above the higher high, guess what gave it that confirmation push to
247:32 what gave it that confirmation push to the upside. Now, that is the confirmed
247:34 the upside. Now, that is the confirmed higher high. Now, where is the higher
247:36 higher high. Now, where is the higher low? Is the higher low at this point
247:38 low? Is the higher low at this point right here? Or is it at this point right
247:40 right here? Or is it at this point right here? Now, just for examples purposes,
247:42 here? Now, just for examples purposes, since you guys watching this are
247:43 since you guys watching this are beginners, the easiest way to do this is
247:45 beginners, the easiest way to do this is just go to the line chart and then check
247:47 just go to the line chart and then check where is the structure point. If this is
247:50 where is the structure point. If this is the head of the snake, start working our
247:52 the head of the snake, start working our way back. This is the reversal point.
247:54 way back. This is the reversal point. That right there is going to be the
247:56 That right there is going to be the higher low point. So very clean for you
247:58 higher low point. So very clean for you to identify that reversal point and
248:00 to identify that reversal point and you'll be able to tell where the higher
248:02 you'll be able to tell where the higher low is. So all you have to do is come
248:04 low is. So all you have to do is come place that as your higher low and that
248:05 place that as your higher low and that is your higher high and that is it. Now
248:07 is your higher high and that is it. Now you understand that this market is now
248:09 you understand that this market is now bullish. Uh this market is bullish. You
248:12 bullish. Uh this market is bullish. You can identify this as the higher high and
248:14 can identify this as the higher high and let's see if we can predict when it can
248:15 let's see if we can predict when it can potentially stop. So for right now there
248:17 potentially stop. So for right now there you go. It's showing some sign of a
248:20 you go. It's showing some sign of a pullback. So this is so far the
248:22 pullback. So this is so far the confirmed higher high because if this
248:24 confirmed higher high because if this next candlestick has a push to the
248:25 next candlestick has a push to the upside then that would then be the new
248:27 upside then that would then be the new higher high and then new higher low. So
248:29 higher high and then new higher low. So for right now this market just seems to
248:31 for right now this market just seems to be consolidating just a little bit.
248:32 be consolidating just a little bit. Shortly after that this market after
248:34 Shortly after that this market after having this retracement did exactly as I
248:37 having this retracement did exactly as I just said had this retracement then it
248:39 just said had this retracement then it comes to the upside. It breaks above
248:41 comes to the upside. It breaks above this is the higher high. This becomes
248:43 this is the higher high. This becomes the higher low and after this becomes
248:45 the higher low and after this becomes the higher low we just start chasing or
248:47 the higher low we just start chasing or continue pushing with price. And this
248:49 continue pushing with price. And this was the higher high but then no
248:50 was the higher high but then no pullback. Now as of right now this right
248:53 pullback. Now as of right now this right now where this market is at this very
248:54 now where this market is at this very moment is the ultimate and the newest
248:56 moment is the ultimate and the newest highest high. And this candlestick at
248:58 highest high. And this candlestick at this very moment has 1 hour and 22
249:01 this very moment has 1 hour and 22 minutes before closing. So as you can
249:03 minutes before closing. So as you can tell I'm literally placing it right at
249:05 tell I'm literally placing it right at the live price right now. So this market
249:07 the live price right now. So this market is currently bullish. That is the
249:09 is currently bullish. That is the highest high. That is the higher low. So
249:11 highest high. That is the higher low. So if I were just to bring back the the
249:14 if I were just to bring back the the wicks really fast, we can see more or
249:15 wicks really fast, we can see more or less where the trail of the market has
249:17 less where the trail of the market has been. And as you can tell, this market
249:19 been. And as you can tell, this market has been all the way up to this point
249:21 has been all the way up to this point over here. This was the highest high at
249:24 over here. This was the highest high at one point. This whole entire candlestick
249:27 one point. This whole entire candlestick was full like this at one point, making
249:29 was full like this at one point, making that the higher high. But right now, we
249:32 that the higher high. But right now, we cannot confirm this higher high and
249:34 cannot confirm this higher high and where it is until this candlestick does
249:37 where it is until this candlestick does not close in the next hour and 20
249:39 not close in the next hour and 20 minutes. This next hour and 20 minutes
249:41 minutes. This next hour and 20 minutes is going to be used to identify where
249:44 is going to be used to identify where this higher high officially closes. So
249:47 this higher high officially closes. So right now we're kind of just moving this
249:49 right now we're kind of just moving this up and down until the market finishes
249:51 up and down until the market finishes closing it. Once that market finish
249:52 closing it. Once that market finish closing it, we could identify to that
249:54 closing it, we could identify to that point and the market can either do two
249:56 point and the market can either do two things. Start to have a retracement or
249:58 things. Start to have a retracement or continue pushing to the upside. And if
250:00 continue pushing to the upside. And if it continues pushing to the upside, all
250:01 it continues pushing to the upside, all we have to do is just keep moving that
250:03 we have to do is just keep moving that higher high with it. Very similar to how
250:05 higher high with it. Very similar to how it did with this candlestick because
250:07 it did with this candlestick because once upon a time, this was the higher
250:09 once upon a time, this was the higher high at this point right here. And then
250:11 high at this point right here. And then after that higher high, the next
250:13 after that higher high, the next candlestick after that just simply
250:15 candlestick after that just simply closed as a another bullish candle. And
250:17 closed as a another bullish candle. And if it closes another bullish candle, you
250:19 if it closes another bullish candle, you just move the higher high to that point.
250:21 just move the higher high to that point. So on and so forth to the point where we
250:23 So on and so forth to the point where we are now. So right now this market is
250:25 are now. So right now this market is bullish. That is the higher high. And
250:27 bullish. That is the higher high. And then this is the higher low. Now this is
250:30 then this is the higher low. Now this is the simplest way to identify market
250:33 the simplest way to identify market structure. You can literally identify
250:34 structure. You can literally identify this on any market. And a lot of people
250:37 this on any market. And a lot of people make the mistake on not properly
250:39 make the mistake on not properly identifying structure correctly and they
250:41 identifying structure correctly and they just simply don't know how to do it. For
250:44 just simply don't know how to do it. For example, we can go to USDCHF and this
250:47 example, we can go to USDCHF and this market right here on USDCHF is pretty
250:49 market right here on USDCHF is pretty much very clear to the point where you
250:51 much very clear to the point where you don't even have to go to the actual line
250:54 don't even have to go to the actual line chart. You can tell that the lowest
250:56 chart. You can tell that the lowest point that this market has ever been is
250:58 point that this market has ever been is this market right here. But if this
251:00 this market right here. But if this market you would call it bullish, just
251:03 market you would call it bullish, just say yes. or if you would call it
251:04 say yes. or if you would call it bearish, just say no. What would you
251:06 bearish, just say no. What would you call this marker right here? Bullish or
251:09 call this marker right here? Bullish or bearish? I'll let you take a second and
251:11 bearish? I'll let you take a second and decide. Go ahead and pause for the
251:13 decide. Go ahead and pause for the video. Okay. So, you probably either
251:16 video. Okay. So, you probably either made a mistake or almost made a mistake
251:19 made a mistake or almost made a mistake on this market. This market, arguably
251:22 on this market. This market, arguably speaking, depending on who you are
251:24 speaking, depending on who you are talking to, would technically be bullish
251:27 talking to, would technically be bullish as of right now. You might be asking,
251:29 as of right now. You might be asking, Alex, how this market is clearly going
251:31 Alex, how this market is clearly going to the downside. This is clearly all the
251:33 to the downside. This is clearly all the way at the lowest point it's ever been.
251:35 way at the lowest point it's ever been. It has to be bearish. No, not
251:36 It has to be bearish. No, not necessarily. This right here is
251:38 necessarily. This right here is technically could be considered the
251:41 technically could be considered the lower high. And then this right here
251:43 lower high. And then this right here could technically be the lower low at
251:46 could technically be the lower low at this point over here. So, this market is
251:48 this point over here. So, this market is technically bearish, yes, but it's not
251:50 technically bearish, yes, but it's not bearish because of the lowest point that
251:53 bearish because of the lowest point that it's ever been. It's bearish because of
251:55 it's ever been. It's bearish because of this lower high and this lower low. Now,
251:58 this lower high and this lower low. Now, if I were to look at this quickly on the
252:00 if I were to look at this quickly on the line chart, you can see how this would
252:02 line chart, you can see how this would actually be the lower high structure
252:04 actually be the lower high structure point. And then this would be the lower
252:06 point. And then this would be the lower low structure point. At no point would I
252:08 low structure point. At no point would I possibly call that an actual structure
252:10 possibly call that an actual structure point cuz the snake, if we were to just
252:12 point cuz the snake, if we were to just do the snake trick once again, the snake
252:14 do the snake trick once again, the snake would just simply pass right on by
252:16 would just simply pass right on by there. No big deal. And then over here,
252:18 there. No big deal. And then over here, it would actually run into some more
252:20 it would actually run into some more structure points. So this market is
252:22 structure points. So this market is actually bearish because of that lower
252:25 actually bearish because of that lower high and that lower low not because of
252:28 high and that lower low not because of the current price that is happening
252:30 the current price that is happening right now. Now if this market indeed
252:32 right now. Now if this market indeed does close where it is now in the next 5
252:35 does close where it is now in the next 5 hours and 17 minutes then yes then this
252:38 hours and 17 minutes then yes then this would become the new lower low and then
252:40 would become the new lower low and then we just simply go back to the line chart
252:42 we just simply go back to the line chart and then we would be able to identify
252:44 and then we would be able to identify that the lower high would then be at
252:46 that the lower high would then be at this structure point right here. very
252:48 this structure point right here. very clean, very easy, very straight. But a
252:51 clean, very easy, very straight. But a lot of traders make the mistake that
252:53 lot of traders make the mistake that they overlook a lot of market structure
252:55 they overlook a lot of market structure and they only focus on one thing and
252:57 and they only focus on one thing and they're just looking at this right here,
252:59 they're just looking at this right here, right? Some traders, they get way too
253:01 right? Some traders, they get way too zoomed into the market and they go
253:02 zoomed into the market and they go analyze or do a full top down analysis.
253:04 analyze or do a full top down analysis. They're just looking at the market like
253:06 They're just looking at the market like this. They're looking at the market for
253:07 this. They're looking at the market for this move right here and they're looking
253:08 this move right here and they're looking at the market for just this move right
253:10 at the market for just this move right here. So guys, you got to understand,
253:11 here. So guys, you got to understand, you need to take a step back. You need
253:13 you need to take a step back. You need to look at the market for what's going
253:15 to look at the market for what's going on. Now, some other traders make some
253:17 on. Now, some other traders make some very big mistakes also, and they do this
253:19 very big mistakes also, and they do this when they go analyze the market. They're
253:20 when they go analyze the market. They're like, "Yep, this market is uh bearish.
253:22 like, "Yep, this market is uh bearish. Yep. You see how how it's been going
253:24 Yep. You see how how it's been going down for like the last 5 years." It's
253:26 down for like the last 5 years." It's like, "Yeah, but you need you need to
253:28 like, "Yeah, but you need you need to understand like where the market is
253:29 understand like where the market is right now. The market is all the way
253:31 right now. The market is all the way down here." Like, why are you looking at
253:32 down here." Like, why are you looking at price all the way up here when it was
253:34 price all the way up here when it was here in 2022? It's like that's 3 years
253:38 here in 2022? It's like that's 3 years ago. Like, we are very far away from
253:40 ago. Like, we are very far away from that. We want to trade the market today.
253:42 that. We want to trade the market today. So, we want to make sure we can zoom in
253:44 So, we want to make sure we can zoom in an a healthy amount to where we are
253:46 an a healthy amount to where we are right now to where we can actually
253:47 right now to where we can actually center the charts right in the middle. I
253:50 center the charts right in the middle. I don't know why, but I've seen whenever I
253:52 don't know why, but I've seen whenever I get on calls with my students and I
253:53 get on calls with my students and I review the trades, like I literally see
253:55 review the trades, like I literally see that they're analyzing the markets like
253:56 that they're analyzing the markets like this and they're like far away from the
253:58 this and they're like far away from the screen. I'm like, dude, are you scared
254:00 screen. I'm like, dude, are you scared of the market? Like, what's going on?
254:01 of the market? Like, what's going on? And or they look at the market like this
254:03 And or they look at the market like this or they look at it like this, just like
254:05 or they look at it like this, just like barely looking. It's like, bro, you need
254:06 barely looking. It's like, bro, you need to get the market. You need to control
254:08 to get the market. You need to control it and put it in the middle. You need to
254:10 it and put it in the middle. You need to focus on what's going on right in front
254:12 focus on what's going on right in front of you. Because if you can't see what
254:14 of you. Because if you can't see what you're trading, how are you actually
254:16 you're trading, how are you actually going to trade? Like, you literally need
254:18 going to trade? Like, you literally need to be looking at it. And if you're
254:19 to be looking at it. And if you're having the market like this, too skinny
254:21 having the market like this, too skinny or way too flat, how are you going to be
254:24 or way too flat, how are you going to be able to identify if you're ready to buy
254:26 able to identify if you're ready to buy or sell? You need to be able to actually
254:28 or sell? You need to be able to actually look at the market for what's going on
254:30 look at the market for what's going on and centering it right in front of you.
254:32 and centering it right in front of you. And that also goes hand inand when
254:33 And that also goes hand inand when placing these structure points
254:34 placing these structure points correctly. A lot of people will just
254:36 correctly. A lot of people will just overlook these things and they won't
254:37 overlook these things and they won't realize that this market is actually
254:38 realize that this market is actually bearish. And I cannot count how many
254:41 bearish. And I cannot count how many times I have seen a market like this one
254:43 times I have seen a market like this one where 5 hours will still be in this
254:46 where 5 hours will still be in this candlestick closure and in those 5 hours
254:48 candlestick closure and in those 5 hours this market will then do this and close
254:50 this market will then do this and close as a bullish candle and then everybody
254:51 as a bullish candle and then everybody counted it bearish wrongfully. Yes, you
254:53 counted it bearish wrongfully. Yes, you are right that it's bearish but you're
254:55 are right that it's bearish but you're wrong from where it is bearish and then
254:57 wrong from where it is bearish and then from wherever you're wrong from it's
254:58 from wherever you're wrong from it's bearish that's going to determine where
255:00 bearish that's going to determine where you're going to be interested in selling
255:01 you're going to be interested in selling or buying. And that is crucial to
255:03 or buying. And that is crucial to actually having the perfect entry for
255:05 actually having the perfect entry for your trade, which we're going to getting
255:07 your trade, which we're going to getting we're going to be getting to all of that
255:08 we're going to be getting to all of that later into this video. I just want you
255:09 later into this video. I just want you guys to have a very clear understanding
255:11 guys to have a very clear understanding that there is so many different
255:12 that there is so many different potential examples and and scenarios
255:14 potential examples and and scenarios that could be happening on these
255:16 that could be happening on these markets, right? For example, let's say
255:18 markets, right? For example, let's say we go to GBPCHF, right? GBPCHF for
255:20 we go to GBPCHF, right? GBPCHF for example, if we were to be looking at it
255:22 example, if we were to be looking at it on this time frame, because again,
255:24 on this time frame, because again, remember every single time frame, the
255:26 remember every single time frame, the market structure is going to be
255:27 market structure is going to be different. The market structure on the 4
255:28 different. The market structure on the 4 hour will not be same as the daily and
255:31 hour will not be same as the daily and the daily will not be same as the
255:33 the daily will not be same as the weekly. Every single market structure is
255:35 weekly. Every single market structure is going to be different. Would you call
255:36 going to be different. Would you call this market right here bullish or
255:39 this market right here bullish or bearish? Go ahead, take a second, pause
255:41 bearish? Go ahead, take a second, pause the video, test yourself. Okay, perfect.
255:44 the video, test yourself. Okay, perfect. This market structure very, very easily.
255:46 This market structure very, very easily. We go and hop over to the line chart.
255:48 We go and hop over to the line chart. And the line chart, you're going to be
255:49 And the line chart, you're going to be able to identify that this market
255:51 able to identify that this market structure point right over here is the
255:53 structure point right over here is the lower high. And that this market
255:55 lower high. And that this market structure point over here is the lower
255:57 structure point over here is the lower low. Lower high, lower low. As you can
256:00 low. Lower high, lower low. As you can tell, this market is yet to break above
256:03 tell, this market is yet to break above or below that lower high or lower low
256:07 or below that lower high or lower low even up to this point right here. And
256:08 even up to this point right here. And this, keep in mind, we are on the weekly
256:11 this, keep in mind, we are on the weekly time frame, meaning every single one of
256:13 time frame, meaning every single one of these candlesticks is a whole entire
256:16 these candlesticks is a whole entire week. We have literally like for us to
256:18 week. We have literally like for us to make one of these candlesticks, it takes
256:19 make one of these candlesticks, it takes five trading days, which is a very long
256:21 five trading days, which is a very long time. So the weekly time frame, for
256:23 time. So the weekly time frame, for example, is bearish. So this would be
256:25 example, is bearish. So this would be the weekly lower high and this would be
256:28 the weekly lower high and this would be the weekly lower low. Pretty easy,
256:30 the weekly lower low. Pretty easy, pretty self-explanatory. Let's go look
256:32 pretty self-explanatory. Let's go look at the daily for example, the daily time
256:33 at the daily for example, the daily time frame. We take a step back as well and
256:35 frame. We take a step back as well and we can see everything that's going on.
256:37 we can see everything that's going on. We can see our weekly lower high and
256:39 We can see our weekly lower high and lower low. But on the daily time frame,
256:41 lower low. But on the daily time frame, if we were to identify this for the
256:43 if we were to identify this for the daily structure, you can see how the
256:44 daily structure, you can see how the daily actually goes lower low, lower
256:47 daily actually goes lower low, lower high, lower low, and then we end up
256:49 high, lower low, and then we end up shifting bullish. So now we we know that
256:51 shifting bullish. So now we we know that we can look for more recent price action
256:54 we can look for more recent price action to determine if something is bullish or
256:55 to determine if something is bullish or bearish. We don't really have to look at
256:57 bearish. We don't really have to look at the weekly structure point because we
256:59 the weekly structure point because we know that the weekly structure point is
257:00 know that the weekly structure point is the weekly structure point and within
257:02 the weekly structure point and within that weekly structure point the daily
257:04 that weekly structure point the daily time frame went bearish and had an
257:06 time frame went bearish and had an additional structure point and then we
257:08 additional structure point and then we went bullish. So for the daily, I would
257:10 went bullish. So for the daily, I would zoom into pretty much a price action
257:12 zoom into pretty much a price action like this. And then within within this
257:14 like this. And then within within this price action, I can very clearly
257:16 price action, I can very clearly identify that this market was at one
257:18 identify that this market was at one point creating very clean lower high,
257:21 point creating very clean lower high, lower low. We pretty much broke through
257:23 lower low. We pretty much broke through all this over here. Then at this point
257:24 all this over here. Then at this point down over here, we created a lower low
257:27 down over here, we created a lower low and then this was the lower high. Right?
257:30 and then this was the lower high. Right? So I'm talking about this example right
257:32 So I'm talking about this example right here. This lower high, this lower low.
257:34 here. This lower high, this lower low. Obviously this market then then we broke
257:37 Obviously this market then then we broke above this structure point right there.
257:38 above this structure point right there. So at this point we are very very much
257:41 So at this point we are very very much bearish. We broke above that structure
257:43 bearish. We broke above that structure point making it now bullish. So we look
257:46 point making it now bullish. So we look at it on the candlestick time frames. We
257:47 at it on the candlestick time frames. We can see how it is bullish. We can pretty
257:49 can see how it is bullish. We can pretty much see how that time frame stopped.
257:51 much see how that time frame stopped. And if you notice look how precise it is
257:53 And if you notice look how precise it is when I'm telling you guys that it is
257:55 when I'm telling you guys that it is based off of the body candlestick
257:57 based off of the body candlestick closing below the line. If you notice
258:00 closing below the line. If you notice this broke above this structure point
258:02 this broke above this structure point right here. it breaking above this
258:04 right here. it breaking above this structure point made it bullish. So now
258:06 structure point made it bullish. So now this turns into the higher high making
258:09 this turns into the higher high making this the higher high then turns this
258:12 this the higher high then turns this into the higher low because if we do our
258:13 into the higher low because if we do our trusty snake trick this is the point
258:15 trusty snake trick this is the point where the market has a turn and if for
258:17 where the market has a turn and if for whatever reason you can't see it that
258:19 whatever reason you can't see it that clean. It's totally fine because you can
258:21 clean. It's totally fine because you can go back out to the line chart and on the
258:24 go back out to the line chart and on the line chart you can see that that's the
258:25 line chart you can see that that's the higher high that's the higher low and
258:27 higher high that's the higher low and then we want to make sure that we can
258:28 then we want to make sure that we can squeeze price to the bodies of the
258:30 squeeze price to the bodies of the candlesticks. And if you notice, guess
258:32 candlesticks. And if you notice, guess what happens? Price comes all the way
258:34 what happens? Price comes all the way back down to this higher low because
258:36 back down to this higher low because again, this is very, this is bullish as
258:38 again, this is very, this is bullish as long as we don't break below this line.
258:41 long as we don't break below this line. And then price never body candlestick
258:44 And then price never body candlestick closes below that higher low. And then
258:46 closes below that higher low. And then guess what happens? We then have a
258:48 guess what happens? We then have a massive push to the upside. Look how
258:51 massive push to the upside. Look how precise placing these higher highs and
258:53 precise placing these higher highs and higher lows is and the importance of it.
258:55 higher lows is and the importance of it. You want to make sure that you can place
258:57 You want to make sure that you can place this at an area that it is very clear
258:59 this at an area that it is very clear and very obvious. Once again, you could
259:01 and very obvious. Once again, you could go back out to the line chart and you
259:03 go back out to the line chart and you can verify higher low, higher high. We
259:05 can verify higher low, higher high. We have now body candlestick obviously
259:08 have now body candlestick obviously above this area. So, we can go out to
259:10 above this area. So, we can go out to the daily time frame and place it on the
259:12 the daily time frame and place it on the body. This right here is a very clean
259:14 body. This right here is a very clean higher high. Now, I would argue that I
259:18 higher high. Now, I would argue that I would not count this as a higher low.
259:21 would not count this as a higher low. This right here is something that I can
259:23 This right here is something that I can see the head of the snake just simply
259:25 see the head of the snake just simply kind of just going right pass by. I see
259:27 kind of just going right pass by. I see this as a much more sign significant
259:29 this as a much more sign significant turning point than that one. And the
259:32 turning point than that one. And the best way for me to confirm it is if I go
259:34 best way for me to confirm it is if I go out to the actual candlestick chart,
259:37 out to the actual candlestick chart, which is what we're going to be trading.
259:39 which is what we're going to be trading. And I don't see any possible
259:41 And I don't see any possible candlesticks creating an elbow. It's not
259:43 candlesticks creating an elbow. It's not something clean like it's not something
259:45 something clean like it's not something for example like this that it actually
259:46 for example like this that it actually creates a structure point. Here it
259:48 creates a structure point. Here it creates a structure point. Like there's
259:50 creates a structure point. Like there's something here. It just looks like it's
259:51 something here. It just looks like it's one whole move to the upside. So, not
259:53 one whole move to the upside. So, not only does the actual line chart
259:55 only does the actual line chart structure not look clear, but when I go
259:57 structure not look clear, but when I go out to the candlestick chart, I also
259:59 out to the candlestick chart, I also confirm that it's not clear. So, for me,
260:01 confirm that it's not clear. So, for me, I would then make the higher low, this
260:03 I would then make the higher low, this structure point right here, making this
260:05 structure point right here, making this the higher high and making this the
260:06 the higher high and making this the higher low. Now, keep in mind, this is
260:08 higher low. Now, keep in mind, this is not the confirmed higher high from this
260:10 not the confirmed higher high from this market because this market could simply
260:12 market because this market could simply continue going to the upside. We don't
260:14 continue going to the upside. We don't know. But as of right now, that is the
260:15 know. But as of right now, that is the higher high and this is the higher low.
260:17 higher high and this is the higher low. So, let's see what happens next. My
260:19 So, let's see what happens next. My point exactly. So, now this is the new
260:21 point exactly. So, now this is the new higher high. And if you notice, there's
260:23 higher high. And if you notice, there's no difference in the higher low
260:24 no difference in the higher low structure point on this time frame.
260:26 structure point on this time frame. There's just still a whole entire move
260:28 There's just still a whole entire move to the upside. The move just keeps going
260:30 to the upside. The move just keeps going up. And now looks like we are stopping.
260:33 up. And now looks like we are stopping. So this looks like we are at the
260:35 So this looks like we are at the confirmed higher high. Now having this
260:38 confirmed higher high. Now having this confirmed higher high is so important
260:40 confirmed higher high is so important because you're going to be able to
260:42 because you're going to be able to actually be ready to either enter a
260:44 actually be ready to either enter a trade or set up the perfect trade to
260:46 trade or set up the perfect trade to enter. I'm telling you, as soon as you
260:48 enter. I'm telling you, as soon as you understand this market structure, you
260:50 understand this market structure, you understand everything. I'm going to be
260:52 understand everything. I'm going to be able to teach you how to actually use
260:53 able to teach you how to actually use the inverted head and shoulders, the
260:55 the inverted head and shoulders, the head and shoulders, entry time frame
260:57 head and shoulders, entry time frame confirmation, shift of structure. I'm
260:58 confirmation, shift of structure. I'm just going to teach you how to do
261:00 just going to teach you how to do everything. Once you understand this,
261:02 everything. Once you understand this, this is like me teaching you the ABCs to
261:05 this is like me teaching you the ABCs to a language. As soon as you get the ABCs,
261:07 a language. As soon as you get the ABCs, you can basically put it all together
261:09 you can basically put it all together and then you're going to actually be
261:10 and then you're going to actually be able to go ahead and speak on it. But
261:12 able to go ahead and speak on it. But first, you need to learn the alphabet.
261:14 first, you need to learn the alphabet. So this right here, as you can tell, the
261:16 So this right here, as you can tell, the market has actually shown a sign of
261:18 market has actually shown a sign of stopping. And this market looks like
261:19 stopping. And this market looks like it's ready to start having some type of
261:21 it's ready to start having some type of retracement before continue going to the
261:23 retracement before continue going to the upside. So that's what I thought. But
261:25 upside. So that's what I thought. But then guess what? The market just simply
261:27 then guess what? The market just simply created another higher low and kept
261:29 created another higher low and kept going to the upside. It doesn't look
261:30 going to the upside. It doesn't look clean on the actual candlestick chart.
261:33 clean on the actual candlestick chart. You can just use the line chart to be
261:35 You can just use the line chart to be able to identify. We have body
261:37 able to identify. We have body candlestick closed above. Let's make
261:39 candlestick closed above. Let's make sure of that first before anything. And
261:41 sure of that first before anything. And yes, we did body candlestick close above
261:45 yes, we did body candlestick close above this higher high. So now this is the new
261:47 this higher high. So now this is the new higher high. I go back out to the line
261:49 higher high. I go back out to the line chart. And on the line chart, this now
261:52 chart. And on the line chart, this now turns into the higher low, meaning we
261:54 turns into the higher low, meaning we are still very much bullish on the daily
261:57 are still very much bullish on the daily time frame. Now the daily time frame,
261:59 time frame. Now the daily time frame, guess what ends up happening? We end up
262:01 guess what ends up happening? We end up actually having a break below that
262:03 actually having a break below that higher low. Okay, what happens once we
262:05 higher low. Okay, what happens once we break that higher low? First of all,
262:07 break that higher low? First of all, let's just go out to the line chart just
262:09 let's just go out to the line chart just to confirm. So now on the line chart,
262:11 to confirm. So now on the line chart, we're going to make this the new lower
262:13 we're going to make this the new lower low. And then we are going to make this
262:16 low. And then we are going to make this the lower high, right? Very clean, very
262:19 the lower high, right? Very clean, very simple. Now the daily time frame is
262:22 simple. Now the daily time frame is bearish, quote unquote. And if we were
262:24 bearish, quote unquote. And if we were to just continue following price action,
262:26 to just continue following price action, this right now, as of right now, is the
262:27 this right now, as of right now, is the confirmed lower low, but it is not fully
262:30 confirmed lower low, but it is not fully confirmed yet because we don't know if
262:32 confirmed yet because we don't know if this has stopped, right? We need to make
262:34 this has stopped, right? We need to make sure and figure out where it's going to
262:36 sure and figure out where it's going to stop. So if we keep it going, perfect.
262:38 stop. So if we keep it going, perfect. Price has very much stopped there. So
262:40 Price has very much stopped there. So that is the confirmed lower low. We can
262:43 that is the confirmed lower low. We can look at it also on the line chart. As
262:45 look at it also on the line chart. As you can tell, lower high, lower low.
262:48 you can tell, lower high, lower low. Once again, I would not count that as
262:49 Once again, I would not count that as the structure point. Feel like the snake
262:51 the structure point. Feel like the snake would pass right by there exactly how it
262:53 would pass right by there exactly how it did here. And if we were to look at it
262:54 did here. And if we were to look at it on the candlestick chart, I don't see
262:56 on the candlestick chart, I don't see any elbows being created. So right now,
262:58 any elbows being created. So right now, we have lower high, we have lower low.
263:00 we have lower high, we have lower low. And this trade as of right now has not
263:03 And this trade as of right now has not body candlestick closed below. No body
263:06 body candlestick closed below. No body candlestick closure, no confirmation.
263:08 candlestick closure, no confirmation. And now that we have a body candlestick
263:10 And now that we have a body candlestick closure below, we can then confirm that
263:13 closure below, we can then confirm that this is actually indeed a proper lower
263:16 this is actually indeed a proper lower low structure point. So I would go ahead
263:18 low structure point. So I would go ahead and then count this as the lower low.
263:21 and then count this as the lower low. You don't know where to place the lower
263:22 You don't know where to place the lower high. Go to the line chart and find the
263:25 high. Go to the line chart and find the cleanest structure point. So if I were
263:27 cleanest structure point. So if I were to make this the head of the snake,
263:29 to make this the head of the snake, start working my way back, I would not
263:31 start working my way back, I would not count that one as the cleanest structure
263:33 count that one as the cleanest structure point. I would count this one as the
263:35 point. I would count this one as the cleanest structure point. And that
263:37 cleanest structure point. And that cleanest structure point is what's going
263:38 cleanest structure point is what's going to lead me to then make the lower high
263:41 to lead me to then make the lower high right at this area right here. Now,
263:43 right at this area right here. Now, these potential examples are literally
263:45 these potential examples are literally never ending. These things are just the
263:47 never ending. These things are just the market creates so many different unique
263:49 market creates so many different unique types of structure points that it's a
263:50 types of structure points that it's a neverending different scenario. There's
263:52 neverending different scenario. There's never always a perfect exact black or
263:54 never always a perfect exact black or white structure point. And I want you
263:56 white structure point. And I want you guys to understand that because that is
263:57 guys to understand that because that is so important to having that mindset when
264:00 so important to having that mindset when it comes to trading the market. I wish I
264:02 it comes to trading the market. I wish I would have known that when I came into
264:03 would have known that when I came into the market. I always tried to perfect
264:06 the market. I always tried to perfect and get the precise exact structure
264:08 and get the precise exact structure point every single time. And the truth
264:10 point every single time. And the truth of the matter is that the market doesn't
264:11 of the matter is that the market doesn't move perfect. It's going to move however
264:12 move perfect. It's going to move however it wants. And sometimes it moving
264:14 it wants. And sometimes it moving however it wants. It doesn't make things
264:16 however it wants. It doesn't make things extremely clear for you to actually be
264:18 extremely clear for you to actually be able to identify as a lower high or
264:20 able to identify as a lower high or lower low or higher high and higher low.
264:21 lower low or higher high and higher low. You have to make it make sense. And if
264:23 You have to make it make sense. And if it makes sense, it makes sense. If it
264:24 it makes sense, it makes sense. If it doesn't, it doesn't. But there's never
264:26 doesn't, it doesn't. But there's never going to be like a proper black or white
264:28 going to be like a proper black or white textbook that's going to tell you, "Yep,
264:29 textbook that's going to tell you, "Yep, that's exactly how it is." Exactly what
264:31 that's exactly how it is." Exactly what I'm teaching you right now is as close
264:33 I'm teaching you right now is as close as it's going to get. Everything is just
264:34 as it's going to get. Everything is just based off of where it's the cleanest and
264:36 based off of where it's the cleanest and where it makes the most sense because
264:38 where it makes the most sense because every single move is so different. And
264:40 every single move is so different. And that is this is a perfect example on how
264:43 that is this is a perfect example on how placing that as the lower high at the
264:45 placing that as the lower high at the area where it makes sense. Price had a
264:47 area where it makes sense. Price had a pullback to that area, did not have a
264:50 pullback to that area, did not have a body candlestick closure above and then
264:52 body candlestick closure above and then guess what? We had a massive push to the
264:54 guess what? We had a massive push to the downside. This is what I'm saying.
264:55 downside. This is what I'm saying. Everything is just textbook. You need to
264:57 Everything is just textbook. You need to follow it as close to it as you can. And
264:59 follow it as close to it as you can. And the patience is the most important
265:01 the patience is the most important thing. Next, this is obviously going to
265:03 thing. Next, this is obviously going to break below. This is the lower low. And
265:05 break below. This is the lower low. And then I can almost guarantee you that the
265:06 then I can almost guarantee you that the lower high will be right at that
265:08 lower high will be right at that structure point right there. Once again,
265:09 structure point right there. Once again, you go back to the line chart and then
265:11 you go back to the line chart and then you can identify that that right there
265:13 you can identify that that right there is the lower high. That right there is
265:16 is the lower high. That right there is the lower low. And if we just continue
265:17 the lower low. And if we just continue following price, this market right now
265:19 following price, this market right now is bearish. As long as we are inside of
265:21 is bearish. As long as we are inside of this move right here. And then let's see
265:22 this move right here. And then let's see what happens next. As you can tell, we
265:24 what happens next. As you can tell, we come all the way back up very near that
265:27 come all the way back up very near that lower high. We do not body candlestick
265:29 lower high. We do not body candlestick close above it. And guess what happens?
265:31 close above it. And guess what happens? Beautiful sells to the downside. Like
265:32 Beautiful sells to the downside. Like this is just so easy because it's so
265:34 this is just so easy because it's so predictable because you know exactly
265:36 predictable because you know exactly where the market is. So this turns into
265:38 where the market is. So this turns into the lower high. This turns into the
265:39 the lower high. This turns into the lower low. If we go ahead and look back
265:42 lower low. If we go ahead and look back into the line chart, it's very obvious
265:43 into the line chart, it's very obvious where it's at. For right now, this is
265:45 where it's at. For right now, this is not the confirmed lower low because we
265:47 not the confirmed lower low because we don't know if that's where it stopped.
265:48 don't know if that's where it stopped. And then that is exactly where it
265:50 And then that is exactly where it stopped. Right now we're having a
265:51 stopped. Right now we're having a retracement. As long as we remain inside
265:53 retracement. As long as we remain inside of the lower high and lower low, we are
265:55 of the lower high and lower low, we are bearish. And then would you look at
265:56 bearish. And then would you look at that? This market as of right now did
265:58 that? This market as of right now did not break above the lower high, lower
266:00 not break above the lower high, lower low, and you could have caught a
266:01 low, and you could have caught a beautiful sell inside of this bearish
266:03 beautiful sell inside of this bearish move right here. I'm just showing you
266:05 move right here. I'm just showing you guys how easy it is to identify if
266:07 guys how easy it is to identify if something is bullish or if something is
266:09 something is bullish or if something is bearish. And this right here, it is very
266:12 bearish. And this right here, it is very obvious that that is the lower high and
266:14 obvious that that is the lower high and that this is the lower low based off of
266:17 that this is the lower low based off of this structure point on how I am
266:19 this structure point on how I am teaching you guys right now. So you use
266:21 teaching you guys right now. So you use the line chart to determine if something
266:23 the line chart to determine if something is bullish or bearish. And then when you
266:25 is bullish or bearish. And then when you come to the candlestick charts, all you
266:27 come to the candlestick charts, all you simply do is just adjust it and make it
266:29 simply do is just adjust it and make it to the bodies so you have a clear
266:31 to the bodies so you have a clear understanding of where it is. This right
266:32 understanding of where it is. This right here is how you identify if something is
266:35 here is how you identify if something is bullish or bearish and how market
266:37 bullish or bearish and how market structure works. I cannot stress on how
266:39 structure works. I cannot stress on how much I wished I knew how this is this is
266:42 much I wished I knew how this is this is how things work because this would have
266:43 how things work because this would have made my life so much easier and I would
266:45 made my life so much easier and I would have saved so much time on trying to
266:47 have saved so much time on trying to figure out different ways on how to
266:49 figure out different ways on how to identify if something is properly
266:50 identify if something is properly bullish or if something is properly
266:52 bullish or if something is properly bearish. But right now you can just tell
266:54 bearish. But right now you can just tell that the weekly time frame is bearish.
266:57 that the weekly time frame is bearish. So this is the weekly lower high lower
266:59 So this is the weekly lower high lower low. That is what the daily lower high
267:01 low. That is what the daily lower high and lower low looks like on the weekly.
267:03 and lower low looks like on the weekly. The daily time frame, this is the lower
267:05 The daily time frame, this is the lower high and lower low. This is what the
267:08 high and lower low. This is what the actual weekly lower high and lower low
267:11 actual weekly lower high and lower low looks like on the daily. And now if we
267:13 looks like on the daily. And now if we go to the 4our time frame, on the 4our
267:15 go to the 4our time frame, on the 4our time frame, we can do the exact same
267:17 time frame, we can do the exact same thing that we have just done right now.
267:18 thing that we have just done right now. Go out to the line chart and on the line
267:20 Go out to the line chart and on the line chart you can identify that this 4hour
267:22 chart you can identify that this 4hour time frame is also very much bearish.
267:25 time frame is also very much bearish. This is a lower high and then this is
267:28 This is a lower high and then this is the lower low. You can follow all this
267:30 the lower low. You can follow all this structure. lower high, lower low, higher
267:32 structure. lower high, lower low, higher high, higher low. D, higher high, higher
267:36 high, higher low. D, higher high, higher low. We break the structure and now we
267:38 low. We break the structure and now we are bearish. So this is the 4hour lower
267:40 are bearish. So this is the 4hour lower high. And as of right now, this is the
267:43 high. And as of right now, this is the 4hour lower low. So if you ask me a
267:47 4hour lower low. So if you ask me a question and you know you have the
267:48 question and you know you have the weekly time frame bearish, the daily
267:50 weekly time frame bearish, the daily time frame bearish, and then the 4our
267:53 time frame bearish, and then the 4our time frame bearish, h doesn't it make
267:55 time frame bearish, h doesn't it make sense to sell? Of course, that's how you
267:57 sense to sell? Of course, that's how you can kind of just start building a
267:59 can kind of just start building a picture and then everything else just
268:00 picture and then everything else just starts coming into play. So, without you
268:03 starts coming into play. So, without you even realizing, we have just done a top
268:06 even realizing, we have just done a top down analysis. We've gone from the top
268:08 down analysis. We've gone from the top down. We've gone from the weekly time
268:09 down. We've gone from the weekly time frame down. And that's how simple it is.
268:11 frame down. And that's how simple it is. But for right now, I just want to
268:13 But for right now, I just want to educate you guys exactly on how market
268:16 educate you guys exactly on how market structure works. We're going to be using
268:17 structure works. We're going to be using the line charts to understand if market
268:20 the line charts to understand if market structure is bullish or bearish. And
268:21 structure is bullish or bearish. And then after we go to the candlestick
268:23 then after we go to the candlestick chart. And on the candlestick chart, we
268:24 chart. And on the candlestick chart, we just place it to the bodies. And the
268:26 just place it to the bodies. And the most important rule is that you make
268:28 most important rule is that you make sure that you place these lower highs
268:31 sure that you place these lower highs and lower low lines or if you're going
268:33 and lower low lines or if you're going to be using a bullish market that you
268:36 to be using a bullish market that you are actually placing these higher highs
268:38 are actually placing these higher highs and higher low points. You want to make
268:40 and higher low points. You want to make sure that you actually place these lines
268:42 sure that you actually place these lines so you know exactly where your higher
268:44 so you know exactly where your higher lows and higher highs are so you aren't
268:47 lows and higher highs are so you aren't mistaken from where the market is
268:48 mistaken from where the market is bullish or bearish from. To get your
268:50 bullish or bearish from. To get your line, simply come here, place higher
268:52 line, simply come here, place higher high, and then place the higher low at
268:55 high, and then place the higher low at the point wherever the higher low is.
268:57 the point wherever the higher low is. This way, you have a clear understanding
268:58 This way, you have a clear understanding of where the market is. This way, you
269:01 of where the market is. This way, you are actually having a perfect base to
269:04 are actually having a perfect base to build your trade off of before you enter
269:06 build your trade off of before you enter the trade and you know exactly the type
269:08 the trade and you know exactly the type of trade that you're entering before you
269:09 of trade that you're entering before you even enter it. This market right here
269:11 even enter it. This market right here arguably is going to be bullish. So, as
269:14 arguably is going to be bullish. So, as you can tell, this is the lower high.
269:15 you can tell, this is the lower high. This is the lower low. This is the lower
269:17 This is the lower low. This is the lower high. This is the lower low. Now, this
269:20 high. This is the lower low. Now, this is the higher high and this is the
269:21 is the higher high and this is the higher low. This right here is the
269:23 higher low. This right here is the weekly higher low at this point right
269:25 weekly higher low at this point right here. And then right now, we are
269:27 here. And then right now, we are currently in the works of creating that
269:30 currently in the works of creating that weekly higher high. It's very simple,
269:32 weekly higher high. It's very simple, very straightforward. This right here is
269:34 very straightforward. This right here is how you read market structure in the
269:36 how you read market structure in the markets. Everything is based off of the
269:38 markets. Everything is based off of the elbows. Everything is to this market
269:41 elbows. Everything is to this market structure. You do it on the line chart.
269:42 structure. You do it on the line chart. It reflects on the candlesticks. And the
269:44 It reflects on the candlesticks. And the only difference in between one or the
269:46 only difference in between one or the other is that the other one is just
269:47 other is that the other one is just straight lines and this one is straight
269:49 straight lines and this one is straight candlesticks. We want to make we want to
269:51 candlesticks. We want to make we want to make sure that we can focus on the
269:52 make sure that we can focus on the bodies of the candlesticks and not the
269:54 bodies of the candlesticks and not the wicks. The wicks are just a trail. We
269:56 wicks. The wicks are just a trail. We use that for the entries that is not any
269:58 use that for the entries that is not any use literally all the way into the end.
270:00 use literally all the way into the end. The wicks are pretty much the last thing
270:02 The wicks are pretty much the last thing that we use. But right now, you want to
270:04 that we use. But right now, you want to make sure that you can just read the
270:05 make sure that you can just read the market structure and be able to identify
270:07 market structure and be able to identify if something is bullish or bearish based
270:09 if something is bullish or bearish based off of that structure. That being said,
270:11 off of that structure. That being said, that is the candlestick charts and the
270:14 that is the candlestick charts and the line charts. All right, so at this point
270:15 line charts. All right, so at this point into the video, we are obviously very
270:17 into the video, we are obviously very deep into what trading is, how trading
270:20 deep into what trading is, how trading works, and truthfully the very very
270:22 works, and truthfully the very very simple concepts on how to read market
270:24 simple concepts on how to read market analysis. Right now, you just understand
270:26 analysis. Right now, you just understand to determine if something is properly
270:28 to determine if something is properly bullish or if something is properly
270:30 bullish or if something is properly bearish. Now, we're going to get into
270:31 bearish. Now, we're going to get into top that analysis. We're going to get
270:33 top that analysis. We're going to get into area of interest, support and
270:34 into area of interest, support and resistance, entry signal, double tops,
270:36 resistance, entry signal, double tops, double bottoms, break and retest,
270:38 double bottoms, break and retest, indicators, trading plan, strategy,
270:40 indicators, trading plan, strategy, everything inside of this video. So,
270:42 everything inside of this video. So, want to take a quick pause and make sure
270:44 want to take a quick pause and make sure you subscribe to the channel. If you
270:46 you subscribe to the channel. If you haven't subscribed, hit that subscribe
270:47 haven't subscribed, hit that subscribe button, hit that like button as well.
270:48 button, hit that like button as well. Leave a comment on what has been your
270:50 Leave a comment on what has been your favorite section so far. And to do a
270:53 favorite section so far. And to do a quick recap. So, up to this point, we
270:55 quick recap. So, up to this point, we have talked about what a currency pair
270:58 have talked about what a currency pair is. We have talked about different types
271:00 is. We have talked about different types of traders, day traders, swing traders,
271:01 of traders, day traders, swing traders, scalpers, intraday investors. We have
271:04 scalpers, intraday investors. We have also talked about the types of technical
271:06 also talked about the types of technical trading. You have the line chart, the
271:08 trading. You have the line chart, the candlestick charts, multiple different
271:10 candlestick charts, multiple different forms of bar charts. You guys now
271:12 forms of bar charts. You guys now understand what platforms you need to
271:14 understand what platforms you need to actually execute a trade and which ones
271:16 actually execute a trade and which ones you should focus on. That's only going
271:18 you should focus on. That's only going to be Trading View, a broker of your
271:20 to be Trading View, a broker of your choice, and then MetaTrader 5 to
271:22 choice, and then MetaTrader 5 to actually execute the trade. and then
271:24 actually execute the trade. and then maybe Forex Factory if you want to use
271:27 maybe Forex Factory if you want to use the fundamentals. Now you guys
271:29 the fundamentals. Now you guys understand the actual trading sessions
271:31 understand the actual trading sessions to be involved into the market because
271:32 to be involved into the market because there yes the market is there to be
271:34 there yes the market is there to be available 245 to actually go ahead and
271:37 available 245 to actually go ahead and execute a trade but that doesn't mean
271:39 execute a trade but that doesn't mean that you should actually execute a trade
271:41 that you should actually execute a trade at whatever time you want whenever it's
271:43 at whatever time you want whenever it's at the best of your convenience. You
271:44 at the best of your convenience. You need to make sure that you're trading
271:45 need to make sure that you're trading within that proper window of you
271:47 within that proper window of you actually executing a trade. So now you
271:50 actually executing a trade. So now you guys understand the different types of
271:52 guys understand the different types of orders in the market. You guys
271:54 orders in the market. You guys understand what's an market instant
271:55 understand what's an market instant execution? What's a buy stop, sell,
271:57 execution? What's a buy stop, sell, stop, market order limits, and how you
272:00 stop, market order limits, and how you can actually place that on MetaTrader 5?
272:02 can actually place that on MetaTrader 5? You guys are educated exactly on how to
272:05 You guys are educated exactly on how to identify the market structure. Now, if
272:07 identify the market structure. Now, if you need more practice and you need to
272:09 you need more practice and you need to see it all over again, just simply go
272:11 see it all over again, just simply go back before you continue watching this
272:12 back before you continue watching this video forward because there is no other
272:15 video forward because there is no other market structure education that is to be
272:17 market structure education that is to be done to determine if something is
272:18 done to determine if something is bullish or if something is bearish. All
272:20 bullish or if something is bearish. All I can just really do is have a
272:21 I can just really do is have a neverending amount of examples and then
272:23 neverending amount of examples and then I would actually never get to the point
272:25 I would actually never get to the point when it comes to the strategy. Inside of
272:27 when it comes to the strategy. Inside of my channel, I have many other videos
272:28 my channel, I have many other videos like this one where I actually educate
272:30 like this one where I actually educate you on market structure alone and it's a
272:32 you on market structure alone and it's a full class on just that. But what I've
272:34 full class on just that. But what I've just taught you previously should be
272:36 just taught you previously should be more than enough for you to be able to
272:37 more than enough for you to be able to go ahead go to any chart and determine
272:39 go ahead go to any chart and determine if it's bullish or bearish. Now that
272:41 if it's bullish or bearish. Now that after that you've learned and you've
272:42 after that you've learned and you've been able to identify that something is
272:43 been able to identify that something is bullish or bearish. But what's next?
272:45 bullish or bearish. But what's next? Well, it's exactly what we're going to
272:46 Well, it's exactly what we're going to be getting into right now. Just want to
272:48 be getting into right now. Just want to do a quick pause quiz recap because
272:51 do a quick pause quiz recap because that's a lot of information and that
272:53 that's a lot of information and that information has taken me a very long
272:54 information has taken me a very long time to even remotely get near
272:56 time to even remotely get near understanding it. And now the fact that
272:58 understanding it. And now the fact that I've just put it all to you in one
272:59 I've just put it all to you in one single video is pretty crazy. And I just
273:01 single video is pretty crazy. And I just wanted to make sure that you realize
273:03 wanted to make sure that you realize that before we continue going forward.
273:05 that before we continue going forward. And if you think that you need to just
273:07 And if you think that you need to just watch the market structure section a bit
273:09 watch the market structure section a bit more before moving on because now things
273:11 more before moving on because now things are going to get a little bit more
273:12 are going to get a little bit more advanced and I'm going to start going a
273:13 advanced and I'm going to start going a bit faster paced. Just literally take a
273:16 bit faster paced. Just literally take a quick pause at this section. Go back,
273:18 quick pause at this section. Go back, watch the last 30 minutes to 45 minutes,
273:20 watch the last 30 minutes to 45 minutes, even the last hour, and just watch that
273:22 even the last hour, and just watch that section over again. Go look over
273:24 section over again. Go look over throughout your notes. And all I'm going
273:26 throughout your notes. And all I'm going to be doing now is teaching you now the
273:28 to be doing now is teaching you now the advanced way on how to do it, how to
273:30 advanced way on how to do it, how to actually do a proper top down analysis,
273:32 actually do a proper top down analysis, and how to place your areas of interest.
273:34 and how to place your areas of interest. So, with that being said, let's get
273:36 So, with that being said, let's get started. Okay, so let's see if you've
273:38 started. Okay, so let's see if you've been doing your homework and you've
273:39 been doing your homework and you've actually been paying attention, right?
273:41 actually been paying attention, right? So, what I'm about to show you guys is
273:43 So, what I'm about to show you guys is going to be topdown
273:46 going to be topdown analysis.
273:47 analysis. Topdown analysis. This right here is
273:51 Topdown analysis. This right here is what's going to lead you to determine if
273:53 what's going to lead you to determine if it's a good time to buy or a good time
273:56 it's a good time to buy or a good time to sell. Now, you might be asking
273:57 to sell. Now, you might be asking yourself, why is top analysis so
273:59 yourself, why is top analysis so important? And that is because top-down
274:01 important? And that is because top-down analysis is directly connected to the
274:04 analysis is directly connected to the actual trend of the trade. And you
274:06 actual trend of the trade. And you should only be executing a trade if you
274:09 should only be executing a trade if you are trading with the trend. The trend is
274:12 are trading with the trend. The trend is your friend. I cannot stress this
274:14 your friend. I cannot stress this enough. And you want to make sure that
274:16 enough. And you want to make sure that you can be trading with the most amount
274:18 you can be trading with the most amount of trends in your favor. So the trend is
274:21 of trends in your favor. So the trend is your friend. If you were to get
274:23 your friend. If you were to get something to write that on a piece of
274:26 something to write that on a piece of paper, this would probably be on the top
274:28 paper, this would probably be on the top of that forefront. Now, at the point
274:30 of that forefront. Now, at the point when it comes to actually entering a
274:33 when it comes to actually entering a trade, everything when it comes to
274:34 trade, everything when it comes to educating you on the market, there's a
274:36 educating you on the market, there's a bunch of other valuable notes, but when
274:38 bunch of other valuable notes, but when it comes to actually entering a trade,
274:39 it comes to actually entering a trade, this is going to be probably one of the
274:41 this is going to be probably one of the top things that you need in your favor
274:42 top things that you need in your favor for you to actually determine if the
274:44 for you to actually determine if the trade is good to buy or if the trade is
274:46 trade is good to buy or if the trade is good to sell. So, for us to do a top
274:50 good to sell. So, for us to do a top analysis, it's very simple, right? You
274:52 analysis, it's very simple, right? You have a weekly move that's going to be
274:54 have a weekly move that's going to be like this. So this box over here that
274:56 like this. So this box over here that we're going to be having at our left
274:57 we're going to be having at our left section, this is going to be the weekly.
275:00 section, this is going to be the weekly. Then inside of this box, we're going to
275:03 Then inside of this box, we're going to have the daily. And then on this box, we
275:05 have the daily. And then on this box, we are going to have the 4 hour. And in
275:08 are going to have the 4 hour. And in just a second, I'm going to be breaking
275:09 just a second, I'm going to be breaking down what every single time frame is
275:11 down what every single time frame is used for and how you're going to use it.
275:14 used for and how you're going to use it. Right? You just learn to determine if
275:15 Right? You just learn to determine if something is bullish or bearish. Right
275:17 something is bullish or bearish. Right now, you can very clearly tell that this
275:20 now, you can very clearly tell that this weekly time frame is bullish. That's the
275:22 weekly time frame is bullish. That's the higher high and that's the higher low.
275:24 higher high and that's the higher low. Right? If you were to do the snake trick
275:26 Right? If you were to do the snake trick once again, this is the head of the
275:27 once again, this is the head of the snake. The first turn that is going to
275:30 snake. The first turn that is going to be the actual
275:32 be the actual turn of the snake and that's going to be
275:34 turn of the snake and that's going to be the higher low. So this is what the
275:37 the higher low. So this is what the market looks like on the weekly. Now, if
275:39 market looks like on the weekly. Now, if we were to look at this same exact
275:41 we were to look at this same exact market on the daily, for example, this
275:44 market on the daily, for example, this is exactly how this market would look
275:46 is exactly how this market would look like. So, I'm literally just copying
275:47 like. So, I'm literally just copying this exact same structure move, but I'm
275:50 this exact same structure move, but I'm just basically zooming into this price.
275:53 just basically zooming into this price. So, this is what the weekly higher high
275:56 So, this is what the weekly higher high would look like on the weekly. This is
275:58 would look like on the weekly. This is what the weekly higher low would look
276:01 what the weekly higher low would look like on the weekly. If I were to copy
276:03 like on the weekly. If I were to copy this weekly higher low and place it over
276:05 this weekly higher low and place it over here on the daily, this is what it would
276:07 here on the daily, this is what it would look like. Or even lower. We're just
276:09 look like. Or even lower. We're just going to place it literally at the exact
276:11 going to place it literally at the exact same price where it is over here. And
276:13 same price where it is over here. And this is what the weekly higher high
276:15 this is what the weekly higher high would look like if I were to place the
276:17 would look like if I were to place the weekly higher high at this daily time
276:20 weekly higher high at this daily time frame. Now, this is the weekly higher
276:23 frame. Now, this is the weekly higher high. This is the weekly higher low on
276:25 high. This is the weekly higher low on the daily time frame. But the daily time
276:28 the daily time frame. But the daily time frame, this is the daily higher high as
276:30 frame, this is the daily higher high as well. So, if we were just to put here
276:33 well. So, if we were just to put here daily higher high and then where is the
276:36 daily higher high and then where is the daily higher low? Well, let's say you
276:38 daily higher low? Well, let's say you don't know because you've just started
276:40 don't know because you've just started to learn how to trade, but you do know
276:42 to learn how to trade, but you do know how to use the snake trick. And this
276:43 how to use the snake trick. And this crazy guy in the internet keeps saying
276:45 crazy guy in the internet keeps saying that the snake trick is based off of the
276:47 that the snake trick is based off of the first turn and that's where the higher
276:49 first turn and that's where the higher low is. So, if this is the head of the
276:51 low is. So, if this is the head of the snake and we start going backwards, that
276:53 snake and we start going backwards, that is the first turn. That indeed right
276:56 is the first turn. That indeed right there is going to now be the higher low
276:59 there is going to now be the higher low of this market. All right, this crazy
277:02 of this market. All right, this crazy guy in the internet is somehow making
277:03 guy in the internet is somehow making sense. So that right there is going to
277:05 sense. So that right there is going to be the higher low. Now this is what the
277:09 be the higher low. Now this is what the daily higher low looks like on the
277:12 daily higher low looks like on the weekly. And this is what the daily
277:14 weekly. And this is what the daily higher high looks like on the weekly. So
277:17 higher high looks like on the weekly. So as you can tell we have the same higher
277:19 as you can tell we have the same higher high and then we have a different higher
277:21 high and then we have a different higher low because there's different structure,
277:23 low because there's different structure, right? Pretty easy, pretty
277:25 right? Pretty easy, pretty self-explanatory. Everything so far
277:27 self-explanatory. Everything so far should be making sense because we are
277:29 should be making sense because we are not breaking down anything new. This is
277:31 not breaking down anything new. This is just what it looks like on the weekly
277:34 just what it looks like on the weekly and this is what it looks like on the
277:36 and this is what it looks like on the daily. Now, if I were to do the exact
277:38 daily. Now, if I were to do the exact same structure move on the 4 hour,
277:40 same structure move on the 4 hour, obviously the 4our time frame is going
277:42 obviously the 4our time frame is going to have a lot more structure, a lot more
277:45 to have a lot more structure, a lot more detail that is going to define the
277:48 detail that is going to define the weekly and the daily time frame, right?
277:50 weekly and the daily time frame, right? Because keep in mind, every single
277:52 Because keep in mind, every single candle of this is just one week. But two
277:55 candle of this is just one week. But two of these candles is going to be 10 of
277:58 of these candles is going to be 10 of the candles on the daily. And then on
278:00 the candles on the daily. And then on the weekly it'll be north of 26 candles.
278:04 the weekly it'll be north of 26 candles. So the lower the time frame we go, the
278:08 So the lower the time frame we go, the more detail you're going to see
278:09 more detail you're going to see everything. It's just going to be broken
278:10 everything. It's just going to be broken down into many more candlesticks and
278:13 down into many more candlesticks and many more structure points. It's going
278:14 many more structure points. It's going to be broken down the same way whether
278:16 to be broken down the same way whether you look at it on the candlestick chart
278:18 you look at it on the candlestick chart or whether you look at it on the line
278:20 or whether you look at it on the line chart. The market structure is going to
278:22 chart. The market structure is going to change because the price movements
278:24 change because the price movements change based off of the time frame. So,
278:27 change based off of the time frame. So, so far right now we have the weekly time
278:29 so far right now we have the weekly time frame and we have the daily time frame.
278:31 frame and we have the daily time frame. Right? Now, on the 4our time frame,
278:33 Right? Now, on the 4our time frame, we're also going to identify the higher
278:35 we're also going to identify the higher high and higher low. Right? 4our time
278:38 high and higher low. Right? 4our time frame is bullish. As you can tell, this
278:40 frame is bullish. As you can tell, this is the 4hour higher high. And then the
278:43 is the 4hour higher high. And then the 4hour higher low is going to be at this
278:46 4hour higher low is going to be at this point right here. Once again, if we do
278:48 point right here. Once again, if we do the trusty snake trick, get the head of
278:49 the trusty snake trick, get the head of the snake, turn backwards, that right
278:52 the snake, turn backwards, that right there is going to be the higher low.
278:55 there is going to be the higher low. Pretty easy, pretty self-explanatory
278:58 Pretty easy, pretty self-explanatory just showing this in a very very very
279:00 just showing this in a very very very simple format. So we have just done top
279:04 simple format. So we have just done top down analysis on for example EuroUSD.
279:09 down analysis on for example EuroUSD. We have understood that this market
279:12 We have understood that this market structure as of right now. This is what
279:15 structure as of right now. This is what the 4hour higher high looks like on the
279:17 the 4hour higher high looks like on the 4 hour and this is what the 4hour higher
279:20 4 hour and this is what the 4hour higher low looks like on the daily for example.
279:22 low looks like on the daily for example. And this is what the 4hour higher low
279:24 And this is what the 4hour higher low looks like for example on the weekly. So
279:27 looks like for example on the weekly. So this is just to give you perspective
279:29 this is just to give you perspective when you're going to go enter a trade
279:31 when you're going to go enter a trade where you are entering the trade. Should
279:33 where you are entering the trade. Should you be entering the trade on the 4 hour?
279:35 you be entering the trade on the 4 hour? Should you be entering the trade on the
279:37 Should you be entering the trade on the daily? Should you be entering the trade
279:38 daily? Should you be entering the trade on the weekly? Now all of that I'm going
279:40 on the weekly? Now all of that I'm going to be breaking down inside of this
279:41 to be breaking down inside of this video. I just want you guys to
279:42 video. I just want you guys to understand one thing at a time. The
279:45 understand one thing at a time. The trend is your friend. So now this market
279:49 trend is your friend. So now this market right here, yes, the weekly time frame
279:52 right here, yes, the weekly time frame is going to be considered bullish, the
279:55 is going to be considered bullish, the daily time frame is going to be
279:57 daily time frame is going to be considered bullish, and the 4hour time
280:00 considered bullish, and the 4hour time frame is going to be considered bullish.
280:02 frame is going to be considered bullish. Now, this quote unquote is great because
280:05 Now, this quote unquote is great because you have all three time frames that are
280:07 you have all three time frames that are going to be in your favor. So this means
280:09 going to be in your favor. So this means that it's a great time to buy. Now,
280:11 that it's a great time to buy. Now, while this is what I'm saying to you
280:13 while this is what I'm saying to you guys right now in this specific example,
280:16 guys right now in this specific example, that actually might not be the case. And
280:18 that actually might not be the case. And I'm going to break that down in just a
280:20 I'm going to break that down in just a second. But the most important thing
280:22 second. But the most important thing that I want you guys to understand right
280:24 that I want you guys to understand right now is going to be top down analysis is
280:26 now is going to be top down analysis is to literally determine if something is
280:28 to literally determine if something is bullish or bearish from the top down. So
280:31 bullish or bearish from the top down. So all of the time frames that we will be
280:33 all of the time frames that we will be using are going to be these. So we have
280:35 using are going to be these. So we have the weekly,
280:37 the weekly, daily, 4 hour, 2 hour, 1 hour, 30
280:43 daily, 4 hour, 2 hour, 1 hour, 30 minutes and 15 minutes. Now we will be
280:48 minutes and 15 minutes. Now we will be using the weekly, the daily and the 4
280:52 using the weekly, the daily and the 4 hour. All of these three time frames,
280:54 hour. All of these three time frames, these are going to be used to identify
280:58 these are going to be used to identify the trend. So these are used to identify
281:01 the trend. So these are used to identify trend and area of interest slashsup
281:05 trend and area of interest slashsup support or resistance. And we'll get
281:09 support or resistance. And we'll get into that in just a second. Don't worry,
281:10 into that in just a second. Don't worry, one thing at a time. But we will be
281:12 one thing at a time. But we will be using these higher time frames to
281:15 using these higher time frames to identify where is the overall direction
281:17 identify where is the overall direction of the market going because we want to
281:20 of the market going because we want to be trading with that direction. If the
281:22 be trading with that direction. If the majority of the higher time frames are
281:24 majority of the higher time frames are going up, best believe we're just going
281:26 going up, best believe we're just going to keep going up. If the majority of the
281:29 to keep going up. If the majority of the higher time frames are going down, best
281:31 higher time frames are going down, best believe we're are going to continue that
281:33 believe we're are going to continue that trend to the downside. There's no better
281:35 trend to the downside. There's no better option when it comes to buying or
281:36 option when it comes to buying or selling. They're both equally the same.
281:38 selling. They're both equally the same. And then we're going to be using these
281:40 And then we're going to be using these lower time frames as entry signal
281:43 lower time frames as entry signal confirmations. Now, I'm going to prepare
281:45 confirmations. Now, I'm going to prepare you guys right now for something. The
281:48 you guys right now for something. The entry signals
281:50 entry signals is going to actually be the most simple
281:52 is going to actually be the most simple thing that I can possibly ever teach
281:54 thing that I can possibly ever teach you. It's going to be the easiest thing
281:56 you. It's going to be the easiest thing you are ever going to learn. But it will
281:58 you are ever going to learn. But it will be the last thing. Why? Because when you
282:01 be the last thing. Why? Because when you go enter the trade, that means that you
282:03 go enter the trade, that means that you have done your whole entire analysis.
282:04 have done your whole entire analysis. That means that you have broken down
282:06 That means that you have broken down your strategy. That means that you have
282:07 your strategy. That means that you have done literally everything and you're at
282:08 done literally everything and you're at the point of entry. There is so many
282:11 the point of entry. There is so many more things that we need to get to the
282:12 more things that we need to get to the point before the market is even near
282:14 point before the market is even near entering the trade. And just want to
282:16 entering the trade. And just want to prepare you guys mentally for that. That
282:18 prepare you guys mentally for that. That if you try even remotely to skip this
282:21 if you try even remotely to skip this video straight to the entry section
282:23 video straight to the entry section because you can you're going to be
282:25 because you can you're going to be making a very big mistake because just
282:27 making a very big mistake because just because you have the entry portion of
282:29 because you have the entry portion of the trade doesn't mean that you
282:31 the trade doesn't mean that you understand how to have the whole entire
282:33 understand how to have the whole entire analysis of the trade before entering
282:35 analysis of the trade before entering it. You need to properly know how to
282:36 it. You need to properly know how to enter the trade prior to actually having
282:39 enter the trade prior to actually having the entry signal. Where is the trade? Do
282:42 the entry signal. Where is the trade? Do you have certain confluences? Are you at
282:44 you have certain confluences? Are you at a proper support and resistance? Do you
282:45 a proper support and resistance? Do you even know how to place a proper support
282:46 even know how to place a proper support and resistance? You have added
282:48 and resistance? You have added confluences that you can have before
282:50 confluences that you can have before your entry signal. There's so many more
282:51 your entry signal. There's so many more steps that go down before the entry
282:53 steps that go down before the entry signal that you skipping all the way to
282:55 signal that you skipping all the way to the entry signal portion is actually
282:57 the entry signal portion is actually going to cause you more damage than
282:59 going to cause you more damage than good. Just wanted to add this as a side
283:01 good. Just wanted to add this as a side note in there because I get it might be
283:03 note in there because I get it might be a lot of time for you to sit down and
283:05 a lot of time for you to sit down and watch this video, but I will tell you
283:06 watch this video, but I will tell you this. it's going to cost you a lot more
283:08 this. it's going to cost you a lot more time you trying to figure this out and
283:10 time you trying to figure this out and cheat your way through it and try to
283:12 cheat your way through it and try to just skip it when the best way to do it
283:14 just skip it when the best way to do it is just learn properly and take your
283:15 is just learn properly and take your time. Right? So with that being said,
283:18 time. Right? So with that being said, entry signal time frames are going to be
283:20 entry signal time frames are going to be this. And then the trending time frames
283:22 this. And then the trending time frames for top down analysis are going to be
283:24 for top down analysis are going to be this. So when we do our top down
283:26 this. So when we do our top down analysis, we are only going to be using
283:30 analysis, we are only going to be using the weekly, the daily, and the 4 hour.
283:32 the weekly, the daily, and the 4 hour. We don't involve the two hour, the 1
283:34 We don't involve the two hour, the 1 hour, the 30 or the 15 minutes until we
283:36 hour, the 30 or the 15 minutes until we are not ready to enter the trade. So
283:39 are not ready to enter the trade. So these time frames right here are
283:41 these time frames right here are completely avoided until we are ready to
283:43 completely avoided until we are ready to enter the trade. And we are not ready to
283:45 enter the trade. And we are not ready to enter the trade until quite some time.
283:47 enter the trade until quite some time. So for now, we will completely disregard
283:50 So for now, we will completely disregard all of these time frames and what an
283:52 all of these time frames and what an entry signal is. And our only focus for
283:55 entry signal is. And our only focus for right now is going to be the trend. And
283:57 right now is going to be the trend. And for us to identify the trend, we need to
283:59 for us to identify the trend, we need to do a top down analysis. And that is with
284:01 do a top down analysis. And that is with these three time frames the weekly, the
284:03 these three time frames the weekly, the daily and the 4 hour. Now the way to do
284:05 daily and the 4 hour. Now the way to do top down analysis
284:15 is to identify the structure on these
284:18 on these three time frames
284:22 three time frames to identify
284:25 to identify trend.
284:27 trend. So it's very simple. The way for us to
284:28 So it's very simple. The way for us to do a top deadline analysis is to
284:30 do a top deadline analysis is to identify the structure on these three
284:32 identify the structure on these three time frames to identify the trend.
284:34 time frames to identify the trend. Exactly what we've done right now.
284:37 Exactly what we've done right now. Perfect example is we can go right now
284:38 Perfect example is we can go right now to S&P 500 for example. We can go to a
284:42 to S&P 500 for example. We can go to a different market. For example, let's say
284:43 different market. For example, let's say we go to
284:45 we go to AUD JPY, right? For example, right? This
284:49 AUD JPY, right? For example, right? This is a real market that I'm actually
284:51 is a real market that I'm actually interested in trading. And we're just
284:52 interested in trading. And we're just going to go to a different server. So,
284:53 going to go to a different server. So, we don't have a bunch of stuff in our
284:54 we don't have a bunch of stuff in our way. We're going to start off on the
284:56 way. We're going to start off on the weekly time frame. Top.alysis. analysis
284:58 weekly time frame. Top.alysis. analysis is meant to literally start from the top
285:00 is meant to literally start from the top down. So remember, we don't want to be
285:03 down. So remember, we don't want to be looking at the market way too back to
285:05 looking at the market way too back to the point where we can't even look at
285:07 the point where we can't even look at the market structure where you can't
285:08 the market structure where you can't even see the candlesticks. And remember,
285:10 even see the candlesticks. And remember, you don't want to be super zoomed in to
285:12 you don't want to be super zoomed in to the point where you can only see the
285:14 the point where you can only see the last five candlesticks and you can't
285:16 last five candlesticks and you can't look much to the left. You want to get a
285:18 look much to the left. You want to get a healthy amount. For you to do a proper
285:20 healthy amount. For you to do a proper topdown analysis on the weekly time
285:23 topdown analysis on the weekly time frame, you should go backwards. Max
285:26 frame, you should go backwards. Max anywhere from five
285:28 anywhere from five to six years. Five to six years should
285:31 to six years. Five to six years should be the max. You go backwards to identify
285:35 be the max. You go backwards to identify structure. If something is bullish or
285:36 structure. If something is bullish or bearish five, six years back to identify
285:42 bearish five, six years back to identify the market structure. Now, I know this
285:45 the market structure. Now, I know this might seem like a lot. You're like,
285:46 might seem like a lot. You're like, Alex, that's a long time. That's a lot
285:48 Alex, that's a long time. That's a lot of market structure, but you really only
285:50 of market structure, but you really only need to do this one time. And you only
285:52 need to do this one time. And you only need to do this one time because once
285:54 need to do this one time because once you understand where the market is and
285:57 you understand where the market is and where it's bullish or bearish from, you
285:59 where it's bullish or bearish from, you really don't ever have to go back. So
286:01 really don't ever have to go back. So like let's say right now we go back
286:03 like let's say right now we go back five, six years and that's the max,
286:04 five, six years and that's the max, right? Because we don't really have to
286:06 right? Because we don't really have to go all the way to this point right here
286:07 go all the way to this point right here because we can very clearly tell this
286:10 because we can very clearly tell this has shifted to the upside and then we've
286:11 has shifted to the upside and then we've gone bullish or bearish. But let's say
286:13 gone bullish or bearish. But let's say if we were to go through all of this
286:15 if we were to go through all of this market structure right now, it would
286:16 market structure right now, it would probably take us 10 minutes, 15 minutes,
286:18 probably take us 10 minutes, 15 minutes, and then we end off with this market
286:20 and then we end off with this market being bullish or bearish to wherever,
286:21 being bullish or bearish to wherever, right? Just for a random example, let's
286:23 right? Just for a random example, let's just call this the higher high. Let's
286:25 just call this the higher high. Let's just call this the higher low, whatever.
286:28 just call this the higher low, whatever. Once this market breaks this structure
286:30 Once this market breaks this structure point, we don't have to go back five
286:32 point, we don't have to go back five years again to determine if this market
286:34 years again to determine if this market is indeed bullish or bearish. No, we
286:37 is indeed bullish or bearish. No, we just know if it breaks this structure
286:39 just know if it breaks this structure point, this market will then be bullish.
286:41 point, this market will then be bullish. that will be the higher high and then
286:42 that will be the higher high and then the higher low will be somewhere here
286:44 the higher low will be somewhere here and then we don't ever have to go back
286:45 and then we don't ever have to go back and do it again. And that's why I trade
286:48 and do it again. And that's why I trade or quote unquote trade. I analyze all of
286:51 or quote unquote trade. I analyze all of these different markets simply because I
286:53 these different markets simply because I just know where they are every single
286:55 just know where they are every single time because I already did the work. I
286:57 time because I already did the work. I already analyze the markets and I
286:58 already analyze the markets and I already know where they are. Like I
287:00 already know where they are. Like I already did all that work and all that
287:02 already did all that work and all that work is really not a lot of work. Just
287:04 work is really not a lot of work. Just kind of preparing for you guys for that.
287:07 kind of preparing for you guys for that. And then on the 4 hour,
287:09 And then on the 4 hour, the max we could go back is going to be
287:12 the max we could go back is going to be anywhere from six to 12 months
287:16 anywhere from six to 12 months back to identify the market structure.
287:19 back to identify the market structure. So make sure you guys write this down.
287:20 So make sure you guys write this down. You guys don't need to go further than
287:22 You guys don't need to go further than this to determine if something is
287:24 this to determine if something is bullish or if something is bearish. So
287:26 bullish or if something is bearish. So if we can just go over to the line chart
287:28 if we can just go over to the line chart for us to have a very clear indication
287:30 for us to have a very clear indication to determine if this is bullish or
287:32 to determine if this is bullish or bearish. All we can see here is that
287:34 bearish. All we can see here is that this market at one point started from
287:36 this market at one point started from this high point. This was a higher low.
287:38 this high point. This was a higher low. Now we can just start off from this
287:40 Now we can just start off from this point. It'll be very easy for us to
287:41 point. It'll be very easy for us to determine this. So if you are confused
287:43 determine this. So if you are confused and you are a beginner and you can't do
287:45 and you are a beginner and you can't do it off of the candlesticks just yet,
287:48 it off of the candlesticks just yet, don't worry. You can just go ahead and
287:49 don't worry. You can just go ahead and use your trusty line chart and that'll
287:51 use your trusty line chart and that'll be your cheat sheet. That'll be your
287:52 be your cheat sheet. That'll be your hack. But if I were to be using the
287:54 hack. But if I were to be using the candlesticks, I can tell that this is
287:56 candlesticks, I can tell that this is the higher high off of that body right
287:58 the higher high off of that body right there. And then I can tell that this is
287:59 there. And then I can tell that this is the higher low based off of that body
288:01 the higher low based off of that body right there. We switch over back to the
288:03 right there. We switch over back to the line chart and look at that perfect
288:05 line chart and look at that perfect accuracy right to the structure point.
288:07 accuracy right to the structure point. So we know that this is the higher high.
288:09 So we know that this is the higher high. Excuse me. This is the higher low on the
288:12 Excuse me. This is the higher low on the weekly.
288:14 weekly. And then we understand that this is the
288:16 And then we understand that this is the daily higher high. Cool. We know as long
288:19 daily higher high. Cool. We know as long as we remain inside of here, we are
288:21 as we remain inside of here, we are bullish. When we break below, we are
288:23 bullish. When we break below, we are bearish. Look at that. We go out to the
288:25 bearish. Look at that. We go out to the daily time frame and what do we have? a
288:27 daily time frame and what do we have? a daily body candlestick closure below.
288:30 daily body candlestick closure below. Now what does that mean? That means that
288:31 Now what does that mean? That means that now this if it has confirmed closed
288:34 now this if it has confirmed closed below and as of right now it hasn't
288:36 below and as of right now it hasn't closed. Let's see if this candlestick
288:38 closed. Let's see if this candlestick has closed. Now it has officially
288:41 has closed. Now it has officially confirmed close below. This is the
288:44 confirmed close below. This is the weekly lower low. Cool. This is the
288:47 weekly lower low. Cool. This is the weekly lower low. And then our weekly
288:50 weekly lower low. And then our weekly lower high goes to which point? Well, if
288:53 lower high goes to which point? Well, if this is the head of the snake, we start
288:54 this is the head of the snake, we start going backwards. This is the first turn.
288:57 going backwards. This is the first turn. That right there is indeed going to be
289:00 That right there is indeed going to be the actual lower high. So this point
289:04 the actual lower high. So this point over here is now going to be turned into
289:05 over here is now going to be turned into the daily, excuse me, the weekly lower
289:09 the daily, excuse me, the weekly lower high. Human error weekly
289:12 high. Human error weekly lower high. Cool. We know as long as we
289:15 lower high. Cool. We know as long as we are inside of the structure, this is
289:17 are inside of the structure, this is still the continuation cells. The
289:19 still the continuation cells. The candlestick hasn't closed. Would you
289:21 candlestick hasn't closed. Would you look at that? Still hasn't still pushing
289:23 look at that? Still hasn't still pushing down. We keep we do the snake trick once
289:25 down. We keep we do the snake trick once again. There's still no stopping point.
289:27 again. There's still no stopping point. So, this move hasn't hasn't stopped just
289:30 So, this move hasn't hasn't stopped just yet. Cool. Looks like it's going to be
289:32 yet. Cool. Looks like it's going to be stopping somewhere around here. And that
289:34 stopping somewhere around here. And that looks like exactly where it's going to
289:36 looks like exactly where it's going to stop. Let me confirm based off of the
289:38 stop. Let me confirm based off of the line chart. Beautiful. It stopped at
289:40 line chart. Beautiful. It stopped at that point right there. Beautiful
289:42 that point right there. Beautiful perfection execution. We continue
289:44 perfection execution. We continue following this market structure. As long
289:46 following this market structure. As long as we are in between this lower high and
289:48 as we are in between this lower high and lower low, we are still bearish. Would
289:52 lower low, we are still bearish. Would you look at that? We body candlestick
289:54 you look at that? We body candlestick closed below. That makes this the new
289:57 closed below. That makes this the new lower low. We do the snake trick. This
289:59 lower low. We do the snake trick. This right here becomes the lower high. You
290:01 right here becomes the lower high. You need some clarity, just hop back on over
290:03 need some clarity, just hop back on over the line chart and take a look at it.
290:05 the line chart and take a look at it. Lower low, lower high. As long as we
290:07 Lower low, lower high. As long as we don't body candlestick close above this,
290:09 don't body candlestick close above this, we are still bearish. And would you look
290:11 we are still bearish. And would you look at that? We did indeed body candlestick
290:14 at that? We did indeed body candlestick close above this becomes the higher
290:16 close above this becomes the higher high. So this is now weekly higher high.
290:20 high. So this is now weekly higher high. And then this becomes the weekly higher
290:23 And then this becomes the weekly higher low. And we basically do this all the
290:26 low. And we basically do this all the way up until the point where we
290:27 way up until the point where we understand where the market is right
290:29 understand where the market is right now. This is extremely healthy for your
290:31 now. This is extremely healthy for your vision when it comes to seeing the
290:33 vision when it comes to seeing the market patterns and determining if
290:35 market patterns and determining if something is bullish or bearish. As you
290:36 something is bullish or bearish. As you can tell here, it has struggled
290:38 can tell here, it has struggled extremely hard to break above that
290:40 extremely hard to break above that structure point. And this is showing the
290:42 structure point. And this is showing the power of these higher high and these
290:45 power of these higher high and these structure points. Look how strong that
290:47 structure points. Look how strong that line was that it for nearly six weeks. 1
290:51 line was that it for nearly six weeks. 1 2 3 4 5 nearly seven weeks it did not
290:53 2 3 4 5 nearly seven weeks it did not manage to break above. It made it all
290:55 manage to break above. It made it all the way to this close and it never body
290:57 the way to this close and it never body closed. Now it did body close below. So
291:00 closed. Now it did body close below. So this becomes a new lower low. Then this
291:02 this becomes a new lower low. Then this over here becomes the lower high. So we
291:04 over here becomes the lower high. So we are now bearish. Then this becomes the
291:06 are now bearish. Then this becomes the lower low. Then this becomes the lower
291:09 lower low. Then this becomes the lower high. We are now bearish inside of this
291:11 high. We are now bearish inside of this move. Once we body close above, we then
291:13 move. Once we body close above, we then go bullish. We wicked out. Never
291:16 go bullish. We wicked out. Never actually were able to body candlestick
291:19 actually were able to body candlestick close above and uh we are about to do it
291:22 close above and uh we are about to do it very soon. Now we have officially closed
291:25 very soon. Now we have officially closed above. That is the higher high. This is
291:27 above. That is the higher high. This is the higher low. We're just following a
291:29 the higher low. We're just following a live right now just so we can not waste
291:31 live right now just so we can not waste too much time on these examples, but
291:33 too much time on these examples, but everything is pretty obvious on where it
291:35 everything is pretty obvious on where it is. So we're just continuing from this
291:38 is. So we're just continuing from this lower high, this lower low, then this
291:40 lower high, this lower low, then this becomes the higher high. And then this
291:43 becomes the higher high. And then this structure point right here becomes the
291:46 structure point right here becomes the higher low. So we could go out to the
291:48 higher low. So we could go out to the weekly time frame just to confirm,
291:50 weekly time frame just to confirm, excuse me, we go out to the line line
291:52 excuse me, we go out to the line line chart just to confirm. And look at that.
291:54 chart just to confirm. And look at that. That is the weekly higher high. That is
291:57 That is the weekly higher high. That is the weekly higher low. So right now all
291:58 the weekly higher low. So right now all we are doing is top down analysis to
292:00 we are doing is top down analysis to determine if this is bullish or bearish.
292:02 determine if this is bullish or bearish. And the weekly is bullish. This is the
292:04 And the weekly is bullish. This is the higher high and this is the higher low.
292:06 higher high and this is the higher low. I am not making this up. This is not
292:08 I am not making this up. This is not part of my strategy just yet. At this
292:11 part of my strategy just yet. At this point right now, I am just exe I'm just
292:13 point right now, I am just exe I'm just educating you on how to read the market.
292:15 educating you on how to read the market. Next, we go down to the daily time
292:17 Next, we go down to the daily time frame. We would pretty much do the exact
292:19 frame. We would pretty much do the exact same thing. We could start off from
292:21 same thing. We could start off from whichever point, but we can start off
292:22 whichever point, but we can start off from right here. And it would be very
292:25 from right here. And it would be very obvious if we would just hop over to the
292:27 obvious if we would just hop over to the line chart that this market at one point
292:30 line chart that this market at one point was creating these higher highs and
292:32 was creating these higher highs and higher lows. And we can pretty much just
292:33 higher lows. And we can pretty much just pick it up from like right around here.
292:37 pick it up from like right around here. This right here would be the lower high.
292:40 This right here would be the lower high. This right here would be the lower low,
292:42 This right here would be the lower low, lower high. We body candlestick close
292:45 lower high. We body candlestick close above. Then this would be the higher
292:46 above. Then this would be the higher high. I would leave that as a higher
292:49 high. I would leave that as a higher low. Let me go to the candlestick to
292:51 low. Let me go to the candlestick to confirm. Yes, because if this was the
292:53 confirm. Yes, because if this was the lower high at one point, correct? This
292:55 lower high at one point, correct? This was the lower high. This was the lower
292:58 was the lower high. This was the lower low. I wouldn't really count that as a
293:00 low. I wouldn't really count that as a structure point simply because it's not
293:01 structure point simply because it's not as strong or as significant.
293:04 as strong or as significant. Once this move has actually closed above
293:07 Once this move has actually closed above and we created this new higher high
293:09 and we created this new higher high prior to this candle, if I'm looking
293:11 prior to this candle, if I'm looking down, I don't see any clean elbows. I
293:14 down, I don't see any clean elbows. I don't see any clean structure points. I
293:16 don't see any clean structure points. I don't it's just it just looks like one
293:17 don't it's just it just looks like one clean continuation up. The head of the
293:20 clean continuation up. The head of the snake can very clearly just move on
293:22 snake can very clearly just move on right through there. It's not like a
293:24 right through there. It's not like a move like this. If this were to be the
293:25 move like this. If this were to be the head of the snake, it would actually
293:26 head of the snake, it would actually have to like go and make that turn. I
293:29 have to like go and make that turn. I don't see any significant turns at that
293:31 don't see any significant turns at that point right there. Meaning that then I
293:34 point right there. Meaning that then I would include
293:36 would include for this to be the higher low. Obviously
293:39 for this to be the higher low. Obviously this candlestick now closes above this
293:41 this candlestick now closes above this becomes the higher high. This becomes
293:44 becomes the higher high. This becomes the higher low and then I would count
293:46 the higher low and then I would count this as the higher high. I would not
293:49 this as the higher high. I would not count that as the higher low. But let's
293:50 count that as the higher low. But let's see what it looks like on the line
293:52 see what it looks like on the line charts. And if we were to look at that
293:54 charts. And if we were to look at that on the line chart, it could be
293:56 on the line chart, it could be considered the higher low. And this is
293:58 considered the higher low. And this is where experience and just being part of
294:01 where experience and just being part of just being in front of the markets for
294:03 just being in front of the markets for hours will lead you to be able to make
294:05 hours will lead you to be able to make this analysis. I personally would not
294:08 this analysis. I personally would not count that as the higher low. Even
294:10 count that as the higher low. Even though on the line chart it does look
294:12 though on the line chart it does look like the higher low. If you were to look
294:13 like the higher low. If you were to look at it on the daily candlestick, if you
294:16 at it on the daily candlestick, if you were to ask me, the head of the snake
294:18 were to ask me, the head of the snake would just simply come right on through
294:20 would just simply come right on through there and not do a significant turn. It
294:23 there and not do a significant turn. It can easily just slide right on through
294:24 can easily just slide right on through there. this market structure is far more
294:27 there. this market structure is far more significant and I could actually doing
294:29 significant and I could actually doing see it doing a turn before continuating
294:31 see it doing a turn before continuating to the upside. Now, I know in the past
294:33 to the upside. Now, I know in the past for my advanced students, if any of you
294:35 for my advanced students, if any of you guys are in here, I know a lot of you
294:37 guys are in here, I know a lot of you guys sometimes say, "Yep, that's exactly
294:38 guys sometimes say, "Yep, that's exactly what I learned inside of my strategy
294:41 what I learned inside of my strategy because a one candlestick pullback, I'm
294:44 because a one candlestick pullback, I'm not saying it's not significant enough,
294:46 not saying it's not significant enough, but it it would need to be a lot cleaner
294:49 but it it would need to be a lot cleaner in order for me to actually consider it
294:50 in order for me to actually consider it as a structured pullback." And this one
294:53 as a structured pullback." And this one candlestick right here to me is simply
294:55 candlestick right here to me is simply not strong enough. There's other
294:57 not strong enough. There's other different examples of a one candlestick
294:59 different examples of a one candlestick pullback that could look far more
295:02 pullback that could look far more interesting and far more respectful. It
295:04 interesting and far more respectful. It looks a lot more like structure point
295:06 looks a lot more like structure point compared to that candle. Even if
295:07 compared to that candle. Even if something as small as this, as you can
295:09 something as small as this, as you can tell, this right here actually had an
295:11 tell, this right here actually had an engulfing candlestick and then it had
295:13 engulfing candlestick and then it had the push up. I would personally count
295:15 the push up. I would personally count this as a pullback compared to the other
295:17 this as a pullback compared to the other one just because this has more of a body
295:19 one just because this has more of a body to it. It has more of a statement to it.
295:21 to it. It has more of a statement to it. This right here shows me some type of
295:23 This right here shows me some type of elbow. And if we were to look at it on
295:25 elbow. And if we were to look at it on the line chart, it looks exactly the
295:27 the line chart, it looks exactly the same as the market structure that we're
295:28 same as the market structure that we're running into right now. But this looks a
295:31 running into right now. But this looks a lot more respected. This right here
295:33 lot more respected. This right here looks pretty soft in my opinion. And I
295:36 looks pretty soft in my opinion. And I want personally I want to risk my money
295:37 want personally I want to risk my money on something that I feel comfortable
295:39 on something that I feel comfortable with and something that is respected.
295:40 with and something that is respected. And to me, I don't see the market
295:42 And to me, I don't see the market respecting that structure point right
295:44 respecting that structure point right there. Right. So daily time frame, we
295:47 there. Right. So daily time frame, we are also indeed bullish. So this is the
295:50 are also indeed bullish. So this is the daily higher high. This is the daily
295:51 daily higher high. This is the daily higher low, weekly higher high, weekly
295:54 higher low, weekly higher high, weekly higher low. Cool. Pretty easy, pretty
295:56 higher low. Cool. Pretty easy, pretty self-explanatory. Now, I want you guys
295:58 self-explanatory. Now, I want you guys to go ahead and pause this video and
296:01 to go ahead and pause this video and tell me whether this 4hour time frame is
296:04 tell me whether this 4hour time frame is bullish or if this 4hour time frame is
296:07 bullish or if this 4hour time frame is bearish. Go ahead, pause this video. I'm
296:09 bearish. Go ahead, pause this video. I'm going to give you guys 5 seconds to
296:10 going to give you guys 5 seconds to determine if this is bullish or if this
296:13 determine if this is bullish or if this is bearish just based off of the line
296:16 is bearish just based off of the line chart. Go ahead. If you make a mistake,
296:17 chart. Go ahead. If you make a mistake, it's okay. Don't worry. It's very
296:19 it's okay. Don't worry. It's very tricky. But go ahead.
296:27 All right, you guys came back. So the 4hour time frame, if we were to follow
296:29 4hour time frame, if we were to follow just the structure point, obviously this
296:31 just the structure point, obviously this would be a higher low. This would be a
296:33 would be a higher low. This would be a higher high. Arguably, this can be a
296:35 higher high. Arguably, this can be a higher low. And then this could be a
296:36 higher low. And then this could be a higher high up here. But let's see what
296:38 higher high up here. But let's see what it looks like on the actual candlestick
296:40 it looks like on the actual candlestick chart. Well, if you notice on the
296:42 chart. Well, if you notice on the candlestick chart, the body line has
296:45 candlestick chart, the body line has officially closed above that structure
296:47 officially closed above that structure point right there. And I would consider
296:50 point right there. And I would consider this to be the higher high. I would have
296:52 this to be the higher high. I would have actually never considered this to be the
296:54 actually never considered this to be the higher low for the exact same example
296:56 higher low for the exact same example that we just did on the daily time
296:58 that we just did on the daily time frame. I would have actually considered
296:59 frame. I would have actually considered this the higher low. But the point is
297:02 this the higher low. But the point is that it doesn't even matter because this
297:04 that it doesn't even matter because this structure actually closed above making
297:06 structure actually closed above making that the higher high and then making
297:09 that the higher high and then making this right here the higher low. If that
297:12 this right here the higher low. If that was the higher low, that was the higher
297:14 was the higher low, that was the higher high. The market shifted it making this
297:17 high. The market shifted it making this now bearish. So then this became the
297:20 now bearish. So then this became the lower low. Then if we that becomes the
297:22 lower low. Then if we that becomes the lower low. We do the head of the snake.
297:25 lower low. We do the head of the snake. We start working backwards. That's the
297:26 We start working backwards. That's the first turn. That is then going to be the
297:30 first turn. That is then going to be the 4hour lower high. And then if this is
297:33 4hour lower high. And then if this is the 4hour lower low, let me just erase
297:36 the 4hour lower low, let me just erase this right here. If this then becomes a
297:38 this right here. If this then becomes a 4-hour lower low, we then do the head of
297:40 4-hour lower low, we then do the head of the snake. This is then going to be the
297:43 the snake. This is then going to be the lower high. That right there is why this
297:46 lower high. That right there is why this 4hour time frame is indeed bearish. So
297:51 4hour time frame is indeed bearish. So this time frame is actually bearish. Let
297:53 this time frame is actually bearish. Let me just put that right back up there.
297:55 me just put that right back up there. There should be a right there. So this
297:58 There should be a right there. So this is the 4hour lower low and then this is
298:00 is the 4hour lower low and then this is the 4our lower high.
298:03 the 4our lower high. 4 hour
298:06 4 hour lower high.
298:08 lower high. 4our
298:10 4our lower low. So, if you said that this was
298:13 lower low. So, if you said that this was bearish, I want to make sure that you
298:14 bearish, I want to make sure that you understand why this is bearish. If you
298:16 understand why this is bearish. If you were say that it's bullish, I want you
298:17 were say that it's bullish, I want you to understand why you weren't correct
298:19 to understand why you weren't correct that it was bullish. You should have
298:21 that it was bullish. You should have obviously very easily seen that this
298:23 obviously very easily seen that this broke above this structure point and
298:24 broke above this structure point and that was the higher high. And if that's
298:26 that was the higher high. And if that's the higher high, that's very clearly the
298:28 the higher high, that's very clearly the higher low. We broke below, lower low,
298:31 higher low. We broke below, lower low, lower high, lower low. So, the 4hour
298:34 lower high, lower low. So, the 4hour time frame is indeed bearish. Now, at
298:37 time frame is indeed bearish. Now, at this point of us analyzing this market,
298:40 this point of us analyzing this market, this is pretty much what it looks like.
298:42 this is pretty much what it looks like. This is our top down analysis at this
298:45 This is our top down analysis at this point right now. So, if we were to look
298:47 point right now. So, if we were to look at everything on the daily time frame,
298:48 at everything on the daily time frame, which is probably my best my my I I say
298:52 which is probably my best my my I I say it's my favorite time frame just because
298:53 it's my favorite time frame just because you can kind of see everything without
298:54 you can kind of see everything without it being either too far or too close in.
298:57 it being either too far or too close in. You can very clearly see here where the
299:00 You can very clearly see here where the weekly higher low and weekly higher high
299:02 weekly higher low and weekly higher high is. You can see where the daily higher
299:04 is. You can see where the daily higher high and the daily higher low is. And
299:06 high and the daily higher low is. And then you can see where the 4hour lower
299:08 then you can see where the 4hour lower high and the 4our lower low is. Now this
299:12 high and the 4our lower low is. Now this top down analysis looks pretty empty in
299:15 top down analysis looks pretty empty in my opinion. Right? You might be looking
299:16 my opinion. Right? You might be looking at all these lines and you might be
299:17 at all these lines and you might be like, "Okay, Alex, cool. I understand
299:20 like, "Okay, Alex, cool. I understand that the daily is bullish because of
299:21 that the daily is bullish because of this and I understand that the weekly is
299:23 this and I understand that the weekly is bullish because of this." Now, what do I
299:26 bullish because of this." Now, what do I do with that information? Well, that
299:28 do with that information? Well, that information is actually extremely
299:30 information is actually extremely powerful because you understanding that
299:33 powerful because you understanding that you have two time frames in sync is the
299:36 you have two time frames in sync is the most powerful thing that you can
299:37 most powerful thing that you can possibly do. Now, you might be saying,
299:39 possibly do. Now, you might be saying, "Wait, what the Alex say? Two time
299:40 "Wait, what the Alex say? Two time frames in sync?" Yes, you need two
299:43 frames in sync?" Yes, you need two consecutive
299:45 consecutive time frames
299:48 time frames in sync
299:50 in sync in order to be interested
299:54 in order to be interested in a trade. Now,
299:57 in a trade. Now, these two time frames could pretty much
299:59 these two time frames could pretty much consist of two different formats. You
300:01 consist of two different formats. You either have the weekly and the daily
300:06 either have the weekly and the daily or you have the daily
300:09 or you have the daily and the 4 hour.
300:12 and the 4 hour. You either have both of these that are
300:14 You either have both of these that are bullish or you have both of these that
300:16 bullish or you have both of these that are bullish or both of these that are
300:18 are bullish or both of these that are bearish or both of these that are
300:19 bearish or both of these that are bearish. If you were to have let's say
300:22 bearish. If you were to have let's say for example the weekly time frame that
300:24 for example the weekly time frame that is going to be let's say bullish and
300:27 is going to be let's say bullish and then you have the daily time frame that
300:29 then you have the daily time frame that is going to be bearish and then you have
300:32 is going to be bearish and then you have the 4hour time frame that is going to be
300:35 the 4hour time frame that is going to be bullish that is not two consecutive time
300:38 bullish that is not two consecutive time frames in sync. You need to at least a
300:41 frames in sync. You need to at least a minimum have two time frames in sync
300:44 minimum have two time frames in sync weekly and then daily or 4hour and then
300:49 weekly and then daily or 4hour and then daily. So you need to pick which ones
300:51 daily. So you need to pick which ones you're going to trade together because
300:53 you're going to trade together because that right there is what's going to let
300:55 that right there is what's going to let you know that you are trading with the
300:57 you know that you are trading with the trend. Now at this very moment you have
301:00 trend. Now at this very moment you have the weekly and the daily in your favor.
301:03 the weekly and the daily in your favor. Meaning that you have the highest
301:04 Meaning that you have the highest possible time frames in your direction.
301:07 possible time frames in your direction. So it makes the most logical sense to
301:09 So it makes the most logical sense to buy. Now I'm not saying that it's a good
301:11 buy. Now I'm not saying that it's a good time to buy right now. I'm just saying
301:14 time to buy right now. I'm just saying that critique right there that we have
301:16 that critique right there that we have just done will remove 50% of the markets
301:19 just done will remove 50% of the markets out of our watch list every single week
301:21 out of our watch list every single week because sometimes some markets just
301:23 because sometimes some markets just aren't consecutively having two time
301:26 aren't consecutively having two time frames in sync. They aren't trending
301:28 frames in sync. They aren't trending together. They are, you know, one could
301:30 together. They are, you know, one could be bullish, the other can be bearish,
301:31 be bullish, the other can be bearish, the other can just be the other. It just
301:33 the other can just be the other. It just doesn't even matter. They're not in
301:35 doesn't even matter. They're not in sync. What you want to do is you want to
301:37 sync. What you want to do is you want to create the base first by having two
301:39 create the base first by having two consecutive time frames in sync for you
301:41 consecutive time frames in sync for you to be interested in the trade. For you
301:43 to be interested in the trade. For you to be like, "Okay, cool. I have the
301:45 to be like, "Okay, cool. I have the trend in my favor with two time frames.
301:48 trend in my favor with two time frames. All I have to do is either one, take the
301:51 All I have to do is either one, take the risk by not waiting for the third or
301:54 risk by not waiting for the third or wait for the third to go bullish and
301:56 wait for the third to go bullish and then I trade with that time frame as
301:57 then I trade with that time frame as well." Now, at that point, all the stars
302:00 well." Now, at that point, all the stars are aligning and it's literally telling
302:01 are aligning and it's literally telling you to just continue buying. It makes
302:03 you to just continue buying. It makes everything extremely easy and it is not
302:06 everything extremely easy and it is not a high-risisk trade. Now, I get it
302:08 a high-risisk trade. Now, I get it earlier. You might have seen me sell
302:09 earlier. You might have seen me sell this AUD JPY trade and I'll explain all
302:12 this AUD JPY trade and I'll explain all of that later into the future of this
302:13 of that later into the future of this video. That was a very high-risisk trade
302:15 video. That was a very high-risisk trade that I was taking and that's why I also
302:16 that I was taking and that's why I also took a very high risk trade on USDCHF
302:19 took a very high risk trade on USDCHF and I lost. But that's just me trading,
302:21 and I lost. But that's just me trading, breaking the rules, and making mistakes
302:22 breaking the rules, and making mistakes right now. But I'm going to explain to
302:24 right now. But I'm going to explain to you guys how to do things the right way
302:26 you guys how to do things the right way first. Before you learn how to become a
302:29 first. Before you learn how to become a drifter or do a burnout in a car or even
302:32 drifter or do a burnout in a car or even switch lanes and and race, you first
302:34 switch lanes and and race, you first need to understand how to drive a car,
302:36 need to understand how to drive a car, how to properly drive in the roads, and
302:38 how to properly drive in the roads, and how a car even works. You can't think or
302:41 how a car even works. You can't think or compare yourself to somebody that is a
302:42 compare yourself to somebody that is a professional street racer when you don't
302:44 professional street racer when you don't even know what a transmission is, right?
302:46 even know what a transmission is, right? So everything is baby steps, one step at
302:48 So everything is baby steps, one step at a time. So for top down analysis, the
302:51 a time. So for top down analysis, the main main main main main main main thing
302:53 main main main main main main main thing is to just determine where the market
302:55 is to just determine where the market is. And right here you have pretty much
302:58 is. And right here you have pretty much cornered the market, right? You have
303:00 cornered the market, right? You have locked the market in to essentially this
303:03 locked the market in to essentially this spot right here where it is right now.
303:05 spot right here where it is right now. So the market is very very very
303:08 So the market is very very very big, right? And it could be very
303:10 big, right? And it could be very intimidating when you look at it like
303:12 intimidating when you look at it like this because you see so much happening
303:14 this because you see so much happening to the left, so much happening up here,
303:16 to the left, so much happening up here, so much happening down here. But what if
303:18 so much happening down here. But what if I told you that you no longer have to
303:21 I told you that you no longer have to look at any of this stuff? This is all
303:23 look at any of this stuff? This is all completely irrelevant. All you have to
303:25 completely irrelevant. All you have to focus on and look at is right here. This
303:28 focus on and look at is right here. This is all you really have to look at
303:29 is all you really have to look at because this is your zone of where
303:32 because this is your zone of where you're trading in. You're trading within
303:34 you're trading in. You're trading within the higher high and higher low. Traders
303:37 the higher high and higher low. Traders make a mistake and they're like, "Okay,
303:39 make a mistake and they're like, "Okay, yeah, this market right here, sure it's
303:41 yeah, this market right here, sure it's bullish, but then I'm going to make this
303:43 bullish, but then I'm going to make this level down here. here. I'm going to make
303:45 level down here. here. I'm going to make this my support level, and then I'm
303:47 this my support level, and then I'm going to make this my support level, and
303:49 going to make this my support level, and then I'm going to make this my
303:50 then I'm going to make this my resistance level. It's like, all right,
303:53 resistance level. It's like, all right, uh Jeff, you understand that if the
303:56 uh Jeff, you understand that if the market comes back into this support
303:58 market comes back into this support level that you're claiming that it
304:00 level that you're claiming that it should come back to, you understand that
304:02 should come back to, you understand that the market is no longer going to be
304:04 the market is no longer going to be bullish at that zone, right? You
304:06 bullish at that zone, right? You understand that, right? You understand
304:07 understand that, right? You understand that if the market makes it to this
304:09 that if the market makes it to this support level that you claim the market
304:11 support level that you claim the market should have a reaction from, the market
304:13 should have a reaction from, the market will then be bearish because it's
304:15 will then be bearish because it's breaking below the higher low, that is
304:17 breaking below the higher low, that is going to be then the lower low. And then
304:19 going to be then the lower low. And then if that is bearish, then there's an
304:21 if that is bearish, then there's an extremely high chance that the daily
304:24 extremely high chance that the daily time frame is also going to be bearish
304:26 time frame is also going to be bearish and so is the 4 hour. So at that point,
304:28 and so is the 4 hour. So at that point, does it even make sense to buy?
304:31 does it even make sense to buy? Absolutely not. It's going to make more
304:32 Absolutely not. It's going to make more sense to then sell. So that is the
304:35 sense to then sell. So that is the beauty of the way that I trade. I
304:37 beauty of the way that I trade. I eliminate all of the noise from the
304:39 eliminate all of the noise from the markets and all of the stuff to the left
304:41 markets and all of the stuff to the left that can just cause confusion. And I
304:42 that can just cause confusion. And I basically let you dial in and focus on
304:45 basically let you dial in and focus on just a very specific part in the chart.
304:48 just a very specific part in the chart. And that's all you really have to do.
304:49 And that's all you really have to do. You really only have to focus yourself
304:51 You really only have to focus yourself inside of this zone right here. And I'm
304:53 inside of this zone right here. And I'm going to educate you now how to focus on
304:55 going to educate you now how to focus on this exact zone. Same exact thing goes
304:57 this exact zone. Same exact thing goes for the daily. Traders would come here
304:59 for the daily. Traders would come here to the to the daily time frame, excuse
305:01 to the to the daily time frame, excuse me, and then they would place this as a
305:03 me, and then they would place this as a support level.
305:05 support level. places as a support level like yeah once
305:07 places as a support level like yeah once it gets here I'll then buy it and then
305:09 it gets here I'll then buy it and then yeah and then I'll I'll I'll sell it
305:11 yeah and then I'll I'll I'll sell it here. It's like bro you understand if
305:12 here. It's like bro you understand if like it comes down here the daily will
305:14 like it comes down here the daily will be bearish and so will the weekly. Why
305:16 be bearish and so will the weekly. Why would you even buy at that point and no
305:18 would you even buy at that point and no longer make sense? So this top down
305:20 longer make sense? So this top down analysis not only does it let you
305:22 analysis not only does it let you understand where the time frames are and
305:25 understand where the time frames are and where the market is but it also lets you
305:28 where the market is but it also lets you focus on a specific zone in the chart.
305:30 focus on a specific zone in the chart. We only need to look within this higher
305:32 We only need to look within this higher highs and these higher lows. We don't
305:34 highs and these higher lows. We don't care what happened down here. We don't
305:36 care what happened down here. We don't care what happened up here. That is
305:38 care what happened up here. That is completely irrelevant to what we have
305:40 completely irrelevant to what we have going on right now. This is where we are
305:42 going on right now. This is where we are focusing on the charts right now. So top
305:45 focusing on the charts right now. So top down analysis and the way that it works
305:47 down analysis and the way that it works is all based off of market structure.
305:50 is all based off of market structure. Market structure will lead us to
305:52 Market structure will lead us to understand if something is bullish or if
305:54 understand if something is bullish or if something is bearish. Now, we're going
305:56 something is bearish. Now, we're going to be using the line chart back and
305:58 to be using the line chart back and forth to determine that these structure
306:00 forth to determine that these structure points are actually valid and valuable.
306:03 points are actually valid and valuable. Now obviously we don't want to be
306:05 Now obviously we don't want to be looking at the 4our structure where
306:07 looking at the 4our structure where we're in the daily just doesn't really
306:09 we're in the daily just doesn't really make sense. So you can either do one
306:11 make sense. So you can either do one thing you can you know double click this
306:13 thing you can you know double click this line can click visibility and then it
306:16 line can click visibility and then it just won't be available on the daily and
306:18 just won't be available on the daily and then you can click the 4 hour here click
306:20 then you can click the 4 hour here click on visibility and it won't be available
306:22 on visibility and it won't be available on the daily. Now here you can focus on
306:24 on the daily. Now here you can focus on the higher time frame stuff. When you go
306:26 the higher time frame stuff. When you go down to the 4 hour there, you're going
306:28 down to the 4 hour there, you're going to get access to the 4our higher low,
306:31 to get access to the 4our higher low, lower high and lower low. Just a little
306:33 lower high and lower low. Just a little bit of a of a tricky secret trick that I
306:36 bit of a of a tricky secret trick that I have sometimes when there's too many
306:38 have sometimes when there's too many things in front of the charts and I want
306:39 things in front of the charts and I want to clear things up, right? So, top down
306:42 to clear things up, right? So, top down analysis is done. Just going to write
306:44 analysis is done. Just going to write this down. Top down analysis
306:47 this down. Top down analysis is to determine if something is bullish
306:52 is to determine if something is bullish or bearish based off the trend time
306:57 or bearish based off the trend time frames.
306:58 frames. Once we determine that something is
307:02 Once we determine that something is bullish or bearish,
307:05 bullish or bearish, we will then place the higher high,
307:08 we will then place the higher high, higher low, lower high, and lower low on
307:12 higher low, lower high, and lower low on the weekly, daily, and 4our to trap
307:17 the weekly, daily, and 4our to trap price. So, this right here is the
307:19 price. So, this right here is the stepby-step way. Do the top down
307:21 stepby-step way. Do the top down analysis to determine if something is
307:23 analysis to determine if something is bullish or bearish based off of the
307:24 bullish or bearish based off of the trend time frames. So we know that the
307:26 trend time frames. So we know that the weekly, the daily, the 4 hour are the 10
307:28 weekly, the daily, the 4 hour are the 10 the trend time frames. Once you
307:30 the trend time frames. Once you determine that something is bullish or
307:31 determine that something is bullish or bearish, we place the higher high,
307:33 bearish, we place the higher high, higher low, lower high, lower low,
307:34 higher low, lower high, lower low, whatever the case is on these three time
307:36 whatever the case is on these three time frames to trap price. Now that you have
307:39 frames to trap price. Now that you have determined that you these time frames
307:41 determined that you these time frames are like this, then you're going to go
307:43 are like this, then you're going to go to the next step. After you have done
307:45 to the next step. After you have done your proper top analysis, next comes
307:49 your proper top analysis, next comes area of interest slashs support and
307:54 area of interest slashs support and resistance. slash not residence
307:57 resistance. slash not residence resistance
307:59 resistance slash supply and demand slashorder
308:03 slash supply and demand slashorder block. All of this stuff right here is
308:06 block. All of this stuff right here is the exact same thing. Area of interest
308:09 the exact same thing. Area of interest is a support and resistance. It's a
308:11 is a support and resistance. It's a supply and demand zone and it's an order
308:13 supply and demand zone and it's an order block. So once you've done your top
308:15 block. So once you've done your top analysis, which is what we've done right
308:17 analysis, which is what we've done right now, next we move into support and
308:20 now, next we move into support and resistance and all of this stuff. So
308:21 resistance and all of this stuff. So let's get into that right now. Now,
308:24 let's get into that right now. Now, before I I I show you how to do this on
308:26 before I I I show you how to do this on the chart, I first need to tell you what
308:28 the chart, I first need to tell you what this is right here. What is support and
308:30 this is right here. What is support and resistance? What is supply and demand
308:32 resistance? What is supply and demand zone? What is an order block? What is a
308:35 zone? What is an order block? What is a all of this, right?
308:37 all of this, right? Very simple. Now, the market as as we
308:40 Very simple. Now, the market as as we have already said in the past, it moves
308:42 have already said in the past, it moves based off of trend and structure points.
308:46 based off of trend and structure points. Now all of these structure points right
308:48 Now all of these structure points right here leave a history or leave a trail in
308:52 here leave a history or leave a trail in the market and this trail in the market
308:55 the market and this trail in the market tends to get respected time and time and
308:59 tends to get respected time and time and time again when we cross through these
309:01 time again when we cross through these areas. So a level of support or a level
309:04 areas. So a level of support or a level of supply and demand is just simply an
309:06 of supply and demand is just simply an area that the market has not only
309:09 area that the market has not only reacted to it once but it could
309:10 reacted to it once but it could potentially react to it again. So all of
309:13 potentially react to it again. So all of these elbow points, all of these
309:15 these elbow points, all of these structure points, they're leaving a
309:16 structure points, they're leaving a story, right? They're leaving something
309:18 story, right? They're leaving something in the past. And this in the past can
309:20 in the past. And this in the past can potentially repeat itself again. So all
309:23 potentially repeat itself again. So all of these structure points say a story.
309:26 of these structure points say a story. Now, what if I told you that whenever
309:28 Now, what if I told you that whenever we're below it and it's done it in the
309:31 we're below it and it's done it in the past, it could potentially do it again.
309:34 past, it could potentially do it again. So if we just start off from this left
309:36 So if we just start off from this left point right over here, and we get a
309:37 point right over here, and we get a little little box, we get a little
309:39 little little box, we get a little trusty zone. we start going to the left.
309:41 trusty zone. we start going to the left. As you can tell, when we are below, we
309:44 As you can tell, when we are below, we are also indeed rejecting it. And what a
309:47 are also indeed rejecting it. And what a coincidence that when we are above that
309:48 coincidence that when we are above that zone, we are also rejecting it. All
309:51 zone, we are also rejecting it. All right, cool. Now price has broken below
309:54 right, cool. Now price has broken below this area. It came back and retested it.
309:56 this area. It came back and retested it. What a coincidence that we also rejected
309:59 What a coincidence that we also rejected when we're below. Cool. Now, what a
310:03 when we're below. Cool. Now, what a coincidence. When we are above, we also
310:06 coincidence. When we are above, we also came and retested it. Wow. What a
310:08 came and retested it. Wow. What a coincidence. Exactly how we've done in
310:09 coincidence. Exactly how we've done in the past. Exactly how we've done in the
310:11 the past. Exactly how we've done in the past right here as well. Okay, cool.
310:14 past right here as well. Okay, cool. Keep going to the left and just for
310:16 Keep going to the left and just for examples purposes, we're going to modify
310:17 examples purposes, we're going to modify this this right here. Wow, what a
310:20 this this right here. Wow, what a coincidence. Whenever we are below, we
310:22 coincidence. Whenever we are below, we are also rejecting it. So this right
310:25 are also rejecting it. So this right here where you are seeing this blue box,
310:28 here where you are seeing this blue box, this right here is a supply and demand
310:32 this right here is a supply and demand zone. This right here is a support and
310:36 zone. This right here is a support and this right here is a resistance. This
310:38 this right here is a resistance. This right here is an order block. This right
310:41 right here is an order block. This right here is an area of interest.
310:44 here is an area of interest. It is all the same [ __ ] Supply and
310:48 It is all the same [ __ ] Supply and demand zone, support and resistance,
310:50 demand zone, support and resistance, order blocks, all of this is literally
310:54 order blocks, all of this is literally the same [ __ ] People have complicated
310:57 the same [ __ ] People have complicated this over the last couple of years. I
310:59 this over the last couple of years. I don't know why, but it's all the same
311:01 don't know why, but it's all the same thing. It's an area of interest. It's an
311:04 thing. It's an area of interest. It's an area where the trade where once the
311:07 area where the trade where once the market gets there, it's an area that you
311:09 market gets there, it's an area that you are interested in because the market has
311:12 are interested in because the market has a reaction from it. Whenever we are
311:14 a reaction from it. Whenever we are above, we use it as support. Whenever we
311:18 above, we use it as support. Whenever we are below, we use it as resistance.
311:21 are below, we use it as resistance. Support and resistance is extremely
311:23 Support and resistance is extremely simple.
311:25 simple. Support is literally exactly what it
311:28 Support is literally exactly what it says. It is support. It is when price is
311:31 says. It is support. It is when price is being held up from something. Right now,
311:34 being held up from something. Right now, if I were to push up from this table, I
311:38 if I were to push up from this table, I am using this table as support to then
311:41 am using this table as support to then lift myself up. This right here is a
311:44 lift myself up. This right here is a support area. Price is using this area
311:47 support area. Price is using this area as a support area to lift itself up.
311:51 as a support area to lift itself up. That is my support to then stand up from
311:54 That is my support to then stand up from this desk if I want to stand up. But
311:56 this desk if I want to stand up. But let's say I'm a [ __ ] giant and let's
311:58 let's say I'm a [ __ ] giant and let's say I'm 10 feet tall. As soon as I stand
312:01 say I'm 10 feet tall. As soon as I stand up from this table, I hit the top of
312:04 up from this table, I hit the top of this screen right here that's going on.
312:06 this screen right here that's going on. Or if anything, I can also do it like
312:08 Or if anything, I can also do it like this, right? As soon as I stand up from
312:10 this, right? As soon as I stand up from the table and I use this as the support,
312:13 the table and I use this as the support, I come up and then boom, I hit this top
312:16 I come up and then boom, I hit this top of the screen. This is the resistance
312:18 of the screen. This is the resistance level. This is what's going to then push
312:20 level. This is what's going to then push me back down. And then I'm going to try
312:21 me back down. And then I'm going to try and push off of support again. And then
312:23 and push off of support again. And then I hit resistance, which is going to be
312:25 I hit resistance, which is going to be the ceiling of the screen. And then I
312:27 the ceiling of the screen. And then I hit support. And then the top of the
312:29 hit support. And then the top of the screen is resistance. And then the
312:30 screen is resistance. And then the battle goes on. Right now, can this
312:34 battle goes on. Right now, can this resistance be used as support? And can
312:37 resistance be used as support? And can this support right here be used as
312:40 this support right here be used as resistance? Absolutely. Right now, since
312:42 resistance? Absolutely. Right now, since I am above the support level, I am
312:46 I am above the support level, I am pushing price. I'm pushing myself up.
312:48 pushing price. I'm pushing myself up. But if I were to get out of the way and
312:50 But if I were to get out of the way and I were to get under my desk, I can use
312:53 I were to get under my desk, I can use this same uh uh no desk to push myself
312:58 this same uh uh no desk to push myself down. So, I'm using the same support
313:01 down. So, I'm using the same support area as then resistance to pull myself
313:04 area as then resistance to pull myself down. Now, if I can somehow figure out a
313:07 down. Now, if I can somehow figure out a way to get on top of this screen right
313:09 way to get on top of this screen right here and then I use myself as support, I
313:13 here and then I use myself as support, I can then make this resistance level a
313:16 can then make this resistance level a support level where then I'm going to
313:17 support level where then I'm going to grab myself and then bring myself up.
313:20 grab myself and then bring myself up. That is exactly how price works. This
313:23 That is exactly how price works. This right here is the support level.
313:24 right here is the support level. Whenever price is above it, it's using
313:27 Whenever price is above it, it's using it as support. Whenever price is at a
313:30 it as support. Whenever price is at a resistance, it's using it as resistance.
313:32 resistance, it's using it as resistance. Can the resistance be turned into
313:34 Can the resistance be turned into support? Absolutely. We just have to
313:38 support? Absolutely. We just have to break it and then retest it. Can the
313:41 break it and then retest it. Can the support, excuse me, can the supports be
313:43 support, excuse me, can the supports be used as resistance? Absolutely. We just
313:47 used as resistance? Absolutely. We just have to break it and then retest it.
313:49 have to break it and then retest it. That is it. Support and resistance can
313:52 That is it. Support and resistance can both be used with each other. And they
313:55 both be used with each other. And they could be used against each other. They
313:56 could be used against each other. They could be best friends. They need each
313:59 could be best friends. They need each other to actually validate themselves.
314:01 other to actually validate themselves. If something is a very strong resistance
314:04 If something is a very strong resistance level, it could be a very strong support
314:06 level, it could be a very strong support level. If something is a very strong
314:08 level. If something is a very strong support level, it could be very much a
314:11 support level, it could be very much a very strong resistance level. They both
314:13 very strong resistance level. They both go with one another. If this is very
314:15 go with one another. If this is very well respected when you're below it,
314:18 well respected when you're below it, when price is above it, it should also
314:20 when price is above it, it should also be very, very well respected. If this is
314:22 be very, very well respected. If this is very well respected when above it, when
314:25 very well respected when above it, when below it, it should also be very well
314:27 below it, it should also be very well respected when below it. Now, this right
314:30 respected when below it. Now, this right here is just basic support and
314:32 here is just basic support and resistance. And that is what an area of
314:35 resistance. And that is what an area of interest is built off of, right? So, as
314:39 interest is built off of, right? So, as you can tell right here, price used it
314:42 you can tell right here, price used it as resistance at this point. It used it
314:45 as resistance at this point. It used it as support at this point, at resistance
314:48 as support at this point, at resistance at this point, at support at this point,
314:50 at this point, at support at this point, and at resistance at this point. This
314:53 and at resistance at this point. This right here is a perfect example once
314:56 right here is a perfect example once again of an area of interest of a
314:58 again of an area of interest of a support and resistance of a supply and
315:01 support and resistance of a supply and demand zone and an order block. It is
315:03 demand zone and an order block. It is all the same [ __ ] It is an area of
315:07 all the same [ __ ] It is an area of interest where whenever price approaches
315:10 interest where whenever price approaches this area, it has a reaction. Now, an
315:13 this area, it has a reaction. Now, an area of interest is only valid
315:18 area of interest is only valid is only valid once we have a minimum
315:24 is only valid once we have a minimum of three touches.
315:28 of three touches. A minimum of three touches. Now, these
315:30 A minimum of three touches. Now, these three touches, this right here is a
315:33 three touches, this right here is a touch of the area of interest. This
315:35 touch of the area of interest. This right here is a touch of the area of
315:37 right here is a touch of the area of interest. This right here is a touch of
315:39 interest. This right here is a touch of the area of interest. a minimum of three
315:42 the area of interest. a minimum of three touches. It could be three resistance
315:44 touches. It could be three resistance touches. So, for example, let's say we
315:47 touches. So, for example, let's say we don't have this right here. And let's
315:49 don't have this right here. And let's say we don't have this right here. We
315:51 say we don't have this right here. We move this up. This right here is a valid
315:55 move this up. This right here is a valid area of interest. We have one rejection
315:58 area of interest. We have one rejection as resistance, two rejections as
316:00 as resistance, two rejections as resistance, and three rejections as
316:03 resistance, and three rejections as resistance. That right there is a valid
316:06 resistance. That right there is a valid area of interest. Yes. Now, what if we
316:09 area of interest. Yes. Now, what if we don't have this second touch as
316:11 don't have this second touch as resistance and we have this touch as
316:14 resistance and we have this touch as support? Well, this support right here
316:17 support? Well, this support right here is a third touch. So, we have one
316:20 is a third touch. So, we have one resistance, one support, and one
316:23 resistance, one support, and one resistance. That is another valid area
316:25 resistance. That is another valid area of interest. Well, what if we don't have
316:27 of interest. Well, what if we don't have any resistance and then it's all
316:30 any resistance and then it's all support?
316:31 support? That is also a valid area of interest.
316:34 That is also a valid area of interest. As long as we have a minimum of three
316:38 As long as we have a minimum of three touches, it is a valid area of interest.
316:41 touches, it is a valid area of interest. Area of interest is good for buys and
316:45 Area of interest is good for buys and sells.
316:52 Is good for buys and sells. If you're interested in buying and it only has
316:55 interested in buying and it only has support, that's great. If you're
316:57 support, that's great. If you're interested in buying and it only has
317:00 interested in buying and it only has resistance to validate the area of
317:02 resistance to validate the area of interest, that is great. It is all the
317:04 interest, that is great. It is all the same thing. As long as you have a
317:07 same thing. As long as you have a minimum of three touches, this is now
317:10 minimum of three touches, this is now going to be a valid area of interest. If
317:12 going to be a valid area of interest. If you're looking to buy and you only have
317:14 you're looking to buy and you only have resistance, that is also a valid support
317:17 resistance, that is also a valid support level. So, obviously, the more touches
317:21 level. So, obviously, the more touches you have, the better. Obviously, if you
317:23 you have, the better. Obviously, if you have something that has been rejected 15
317:26 have something that has been rejected 15 times, I would much rather be interested
317:28 times, I would much rather be interested in something that has been retested it
317:32 in something that has been retested it 15 times rather than something to three.
317:34 15 times rather than something to three. Now, the area of interest,
317:38 Now, the area of interest, the more touches,
317:40 the more touches, the better
317:42 the better because it means that it has been
317:43 because it means that it has been respected more in the past. Anything
317:46 respected more in the past. Anything less than three touches, it is no longer
317:49 less than three touches, it is no longer a valid area of interest. It is not a
317:51 a valid area of interest. It is not a valid supply and demand zone. It is not
317:53 valid supply and demand zone. It is not a valid order block. Could it be a
317:56 a valid order block. Could it be a support level? Sure. Could it be a
317:58 support level? Sure. Could it be a resistance level? Sure. But it is not a
318:02 resistance level? Sure. But it is not a valid area of interest. An area of
318:04 valid area of interest. An area of interest is needed to enter a trade.
318:15 To enter a trade, you cannot enter a trade if not at the area of interest.
318:19 trade if not at the area of interest. Now, if you not if you don't understand
318:21 Now, if you not if you don't understand this right now, don't worry. All of this
318:23 this right now, don't worry. All of this will make sense in just a second. You
318:25 will make sense in just a second. You know, I don't expect you to get this
318:26 know, I don't expect you to get this right off the bat. Like, I I've just
318:28 right off the bat. Like, I I've just taught you what different trading
318:30 taught you what different trading concepts are. On top of that, I just
318:32 concepts are. On top of that, I just showed you everything when it comes to
318:33 showed you everything when it comes to the candlestick charts. And now I'm
318:35 the candlestick charts. And now I'm showing you area of interest. Like, this
318:36 showing you area of interest. Like, this to me,
318:38 to me, this to me is crazy. Like, this took me
318:40 this to me is crazy. Like, this took me so long to understand. Like, this was
318:41 so long to understand. Like, this was literally some [ __ ] where it took me
318:44 literally some [ __ ] where it took me forever just to get this right here.
318:45 forever just to get this right here. It's just crazy. So area of interest is
318:49 It's just crazy. So area of interest is needed in order for you to actually
318:51 needed in order for you to actually enter the trade. You cannot enter a
318:53 enter the trade. You cannot enter a trade if you're not at an area of
318:55 trade if you're not at an area of interest. So this right here is a valid
318:59 interest. So this right here is a valid area of interest. Let me ask you a
319:01 area of interest. Let me ask you a question. Is this right here a valid
319:03 question. Is this right here a valid area of interest? Yes or no?
319:07 area of interest? Yes or no? No. This right here simply only has one
319:11 No. This right here simply only has one touch. So this right here is not a valid
319:14 touch. So this right here is not a valid area of interest. Making this
319:17 area of interest. Making this not a valid area of interest. Cool. We
319:19 not a valid area of interest. Cool. We move on. What about this right here? Is
319:22 move on. What about this right here? Is this, you know, we just do this for
319:23 this, you know, we just do this for examples purposes. Is this a valid area
319:26 examples purposes. Is this a valid area of interest? Yes or no? Well, we have
319:29 of interest? Yes or no? Well, we have one,
319:31 one, we have two,
319:33 we have two, and then we have three. Yes, this is a
319:37 and then we have three. Yes, this is a valid area of interest. All right, cool.
319:40 valid area of interest. All right, cool. Let's keep going.
319:42 Let's keep going. Right? We're just finding something that
319:44 Right? We're just finding something that has three touches and we're going to
319:46 has three touches and we're going to count it as our area of interest. But
319:47 count it as our area of interest. But this is not how we find our area of
319:48 this is not how we find our area of interest. Is this right here a valid
319:50 interest. Is this right here a valid area of interest? We have one
319:53 area of interest? We have one and none. Nothing to the left. So no,
319:56 and none. Nothing to the left. So no, not a valid area of interest. We keep
319:58 not a valid area of interest. We keep coming down. Boom. We run into this
320:00 coming down. Boom. We run into this zone. What do we have here? We have one.
320:05 zone. What do we have here? We have one. We have two. And then we have three and
320:10 We have two. And then we have three and four. Is this a valid area of interest?
320:13 four. Is this a valid area of interest? [ __ ] yeah. It is very clean and obvious
320:15 [ __ ] yeah. It is very clean and obvious that it has respected this area. Now
320:18 that it has respected this area. Now once again, what am I showing you based
320:21 once again, what am I showing you based this area of interest off of? I'm
320:23 this area of interest off of? I'm showing you this off of structure. These
320:26 showing you this off of structure. These are the elbows. The elbows are based off
320:29 are the elbows. The elbows are based off of the bodies of the candlesticks. At no
320:31 of the bodies of the candlesticks. At no point are we including wicks here. Like
320:34 point are we including wicks here. Like if I were to be doing this on the actual
320:35 if I were to be doing this on the actual line chart, for example, if we were just
320:37 line chart, for example, if we were just to go here to the line chart, I'm doing
320:39 to go here to the line chart, I'm doing this area of interest to the elbows. If
320:42 this area of interest to the elbows. If you notice this right here, we have one,
320:44 you notice this right here, we have one, two, three, four, five. I'm taking these
320:47 two, three, four, five. I'm taking these elbows into consideration. At no point
320:50 elbows into consideration. At no point am I doing this area of interest to the
320:52 am I doing this area of interest to the wicks or am I making the box big enough
320:56 wicks or am I making the box big enough to include the wicks. No, I'm doing this
320:58 to include the wicks. No, I'm doing this to the structure points to the elbows.
321:01 to the structure points to the elbows. Now, how big should the box be? How do
321:03 Now, how big should the box be? How do you do all that? Don't worry, I'm going
321:04 you do all that? Don't worry, I'm going to get into all that in just a second. I
321:06 to get into all that in just a second. I just wanted to really explain that and
321:09 just wanted to really explain that and make that very clear. We're obviously
321:11 make that very clear. We're obviously doing it to the structure points. So,
321:12 doing it to the structure points. So, you continue to do it on the structure
321:15 you continue to do it on the structure points, right? Let's just continue going
321:17 points, right? Let's just continue going down. Let's find something that has a
321:18 down. Let's find something that has a minimum of three touches. Boom. We run
321:21 minimum of three touches. Boom. We run into this price right here. What do we
321:23 into this price right here. What do we have? Can we arguably have three points
321:26 have? Can we arguably have three points here? Sure. You know, just for argument
321:28 here? Sure. You know, just for argument sake, we'll lower this in a little bit.
321:31 sake, we'll lower this in a little bit. one, two, and three. That is also an
321:34 one, two, and three. That is also an area of interest. Oh, that is also an
321:37 area of interest. Oh, that is also an area of interest.
321:43 So, this right here is also an area of interest. One second. This right here is
321:46 interest. One second. This right here is also an area of interest. And so is this
321:48 also an area of interest. And so is this right here, an area of interest. All
321:49 right here, an area of interest. All right, let's just keep going down. Let's
321:51 right, let's just keep going down. Let's find another example. And keep working
321:54 find another example. And keep working our way down. And boom. We also have
321:56 our way down. And boom. We also have right here one, two, and then three,
322:11 and then three. And then we keep going and boom, three. And if we keep moving
322:12 and boom, three. And if we keep moving this to the downside,
322:14 this to the downside, this right here, boom. Let's just call
322:17 this right here, boom. Let's just call this one, two, and then three. Right?
322:21 this one, two, and then three. Right? So, we'll call this one right here as
322:22 So, we'll call this one right here as well. One, two, and three, and four,
322:25 well. One, two, and three, and four, right? Boom. So, right now, at this
322:28 right? Boom. So, right now, at this point, you're probably looking at this
322:30 point, you're probably looking at this market and you're like, "Yo, what the
322:31 market and you're like, "Yo, what the [ __ ]
322:33 [ __ ] It was right in front of me the whole
322:34 It was right in front of me the whole time, but also this is like so much [ __ ]
322:36 time, but also this is like so much [ __ ] going on." Well, what if I told you that
322:40 going on." Well, what if I told you that technically in this market right here,
322:43 technically in this market right here, all of these are valid areas of
322:44 all of these are valid areas of interest. Yes, because they have a
322:46 interest. Yes, because they have a minimum of three touches, right? That is
322:48 minimum of three touches, right? That is the core foundation to have a valid area
322:51 the core foundation to have a valid area of interest. Now, what if I told you
322:53 of interest. Now, what if I told you that there's only one of these areas of
322:56 that there's only one of these areas of interest that are actually applicable,
322:59 interest that are actually applicable, my [ __ ] accent that are actually
323:03 my [ __ ] accent that are actually editor, leave this in there. I have a
323:05 editor, leave this in there. I have a major accent, guys. So, if sometimes my
323:07 major accent, guys. So, if sometimes my grammar or my my accent isn't the best,
323:11 grammar or my my accent isn't the best, I did not know English until like the
323:13 I did not know English until like the other day, right? I'm I'm kidding. I
323:15 other day, right? I'm I'm kidding. I learned it in in school, but Spanish is
323:17 learned it in in school, but Spanish is my first language, right? So there's
323:19 my first language, right? So there's only one area of interest inside of this
323:22 only one area of interest inside of this chart that is actually applicable
323:26 chart that is actually applicable applyable whatever that is actually
323:28 applyable whatever that is actually appliable to this market. Only one area
323:31 appliable to this market. Only one area of interest is appliable to this market.
323:34 of interest is appliable to this market. Now which one do you think it is? Do you
323:36 Now which one do you think it is? Do you think that it's going to be the first
323:38 think that it's going to be the first one? Do you think that it's going to be
323:42 one? Do you think that it's going to be the second one? Do you think that it's
323:44 the second one? Do you think that it's going to be the third one? the fourth,
323:48 going to be the third one? the fourth, the fifth, or the sixth. I'm going to go
323:51 the fifth, or the sixth. I'm going to go ahead and give you guys a minute to just
323:53 ahead and give you guys a minute to just think about it and determine which one
323:56 think about it and determine which one of these areas of interest is actually
323:58 of these areas of interest is actually applicable, applyable
324:01 applicable, applyable to this chart. One of these areas of
324:03 to this chart. One of these areas of interest stays. Every other area of
324:05 interest stays. Every other area of interest is completely invalid. So, go
324:09 interest is completely invalid. So, go ahead, pause this video and I'll give
324:11 ahead, pause this video and I'll give you guys a second to do it.
324:15 you guys a second to do it. Well, actually,
324:17 Well, actually, let me see how I explain this. Let's do
324:19 let me see how I explain this. Let's do this.
324:22 this. How about now? Yes.
324:24 How about now? Yes. So, I kind of cheated there a little
324:26 So, I kind of cheated there a little bit. I'm not going to lie because I I
324:28 bit. I'm not going to lie because I I read the market structure incorrectly.
324:30 read the market structure incorrectly. But at this point, right now, there's
324:31 But at this point, right now, there's technically only Let's do it like this.
324:35 technically only Let's do it like this. If we were to do this market structure
324:36 If we were to do this market structure like this, just for this example's
324:38 like this, just for this example's purposes, right? So, let's just get rid
324:39 purposes, right? So, let's just get rid of this first one. Just for this
324:41 of this first one. Just for this example's purposes, there is only one
324:44 example's purposes, there is only one area of interest that is appliable to
324:47 area of interest that is appliable to this market right here, and that is
324:49 this market right here, and that is going to be area of interest number two.
324:52 going to be area of interest number two. Now, you might be wondering why. Well, I
324:54 Now, you might be wondering why. Well, I I mixed it up a little bit, and for some
324:56 I mixed it up a little bit, and for some reason, my return tool isn't working,
324:58 reason, my return tool isn't working, but I'm literally trying to trying to
325:00 but I'm literally trying to trying to click that [ __ ] but it's not working.
325:02 click that [ __ ] but it's not working. Um, it's because I read the market
325:04 Um, it's because I read the market structure wrong, but technically this
325:05 structure wrong, but technically this market was bearish. So technically this
325:07 market was bearish. So technically this was the lower high and this was the
325:09 was the lower high and this was the lower low and technically multiple of
325:12 lower low and technically multiple of these areas of interest are valid but
325:13 these areas of interest are valid but just for this example I wanted to make
325:15 just for this example I wanted to make it bullish just so it can connect a
325:16 it bullish just so it can connect a little bit more. So there's only one
325:18 little bit more. So there's only one area of interest in this market that is
325:20 area of interest in this market that is actually valid and that's going to be
325:22 actually valid and that's going to be number two. So area of area of interest
325:25 number two. So area of area of interest number three is not valid, four is not
325:26 number three is not valid, four is not valid, five is not valid and six is not
325:28 valid, five is not valid and six is not valid. Now you may be asking why. Well
325:32 valid. Now you may be asking why. Well very simple. This right here is the
325:35 very simple. This right here is the higher high.
325:37 higher high. This right here is the higher low. If
325:41 This right here is the higher low. If this is the higher high and this is the
325:43 this is the higher high and this is the higher low, you can only have an area of
325:45 higher low, you can only have an area of interest within the higher high and the
325:47 interest within the higher high and the higher low. Having an area of interest
325:50 higher low. Having an area of interest below the higher low completely defeats
325:52 below the higher low completely defeats the purpose of having identified if it's
325:55 the purpose of having identified if it's bullish or bearish. Because if the
325:57 bullish or bearish. Because if the market makes it to this area of
325:58 market makes it to this area of interest, we're then bearish and we're
326:00 interest, we're then bearish and we're no longer looking for buys. If this
326:02 no longer looking for buys. If this market is bearish, we're going to be
326:04 market is bearish, we're going to be looking for sells. Could it be an area
326:06 looking for sells. Could it be an area of interest for then for us to sell? Of
326:08 of interest for then for us to sell? Of course, for sure. But we're not there.
326:10 course, for sure. But we're not there. We're very far from that. We're way up
326:13 We're very far from that. We're way up here. And if we have all the indications
326:15 here. And if we have all the indications telling us to buy, why would we place an
326:17 telling us to buy, why would we place an area of interest to sell? We don't. So,
326:20 area of interest to sell? We don't. So, we get rid of the areas of interest that
326:22 we get rid of the areas of interest that are not valid and have absolutely no use
326:25 are not valid and have absolutely no use to our trade this area of interest. Once
326:28 to our trade this area of interest. Once again, below the higher low, it's not
326:30 again, below the higher low, it's not valid. Not valid. and not valid. So now
326:33 valid. Not valid. and not valid. So now we've taken all of this noise, all of
326:35 we've taken all of this noise, all of this area of interest, all of these
326:37 this area of interest, all of these structure points and we have completely
326:39 structure points and we have completely removed them all and just focused on one
326:42 removed them all and just focused on one part of the chart on one area of
326:44 part of the chart on one area of interest on one zone where the market
326:46 interest on one zone where the market has a very high probability of having a
326:48 has a very high probability of having a reaction from this area of interest. So,
326:52 reaction from this area of interest. So, I basically just answered a question
326:54 I basically just answered a question which I'm sure I would get and that is
326:56 which I'm sure I would get and that is how where do I place the area of
326:58 how where do I place the area of interest and how do I know it's a valid
327:00 interest and how do I know it's a valid one? Well, simply because you could only
327:03 one? Well, simply because you could only place an area of interest within the
327:05 place an area of interest within the higher low and within the higher high.
327:08 higher low and within the higher high. So, if you guys were paying attention to
327:10 So, if you guys were paying attention to what I said earlier, you guys would have
327:12 what I said earlier, you guys would have known that I said we only look within
327:14 known that I said we only look within this zone to actually trade. So, we're
327:17 this zone to actually trade. So, we're only going to place an area of interest
327:19 only going to place an area of interest within this zone. So our area of
327:21 within this zone. So our area of interest will only be inside of here.
327:23 interest will only be inside of here. How many areas of interest can we get?
327:26 How many areas of interest can we get? Could be an infinite. You can get a
327:28 Could be an infinite. You can get a thousand, 500, a quantillion. Obviously
327:31 thousand, 500, a quantillion. Obviously these are not real numbers. The most you
327:33 these are not real numbers. The most you can actually really get will probably be
327:35 can actually really get will probably be four and five. Could you get more? Sure.
327:37 four and five. Could you get more? Sure. But the less the better because you want
327:39 But the less the better because you want better quality zones rather than an
327:41 better quality zones rather than an abundance. You want quality over
327:43 abundance. You want quality over quantity when it comes to identify these
327:45 quantity when it comes to identify these areas of interest. So an area of
327:48 areas of interest. So an area of interest is identified on something that
327:51 interest is identified on something that has a minimum of three touches. An area
327:53 has a minimum of three touches. An area of interest is good to buy or sell
327:55 of interest is good to buy or sell whether you are above it or below it. As
327:57 whether you are above it or below it. As long as we have three touches, the more
327:59 long as we have three touches, the more touches the better. And an area of
328:01 touches the better. And an area of interest is needed because you need to
328:03 interest is needed because you need to enter a trade at an area of interest.
328:04 enter a trade at an area of interest. You cannot enter a trade if it's not at
328:06 You cannot enter a trade if it's not at the area of interest. And you can only
328:11 the area of interest. And you can only only find an area of interest inside of
328:15 only find an area of interest inside of the higher high and higher low
328:26 or the lower high and the lower low. At no other point can you find the area of
328:28 no other point can you find the area of interest elsewhere. If you put an area
328:30 interest elsewhere. If you put an area of interest up here, it's pretty much
328:32 of interest up here, it's pretty much [ __ ] because dude, we're like like
328:33 [ __ ] because dude, we're like like the market hasn't even gotten there. And
328:35 the market hasn't even gotten there. And if we're looking to buy, we can't buy at
328:38 if we're looking to buy, we can't buy at a [ __ ] resistance. Like, how does
328:40 a [ __ ] resistance. Like, how does that make sense? You're basically
328:42 that make sense? You're basically betting that you're going to break
328:43 betting that you're going to break through a resistance. And that's not
328:45 through a resistance. And that's not logical. You want to buy at a support
328:48 logical. You want to buy at a support level. You want price to be at a support
328:50 level. You want price to be at a support level and then it push itself off of it.
328:53 level and then it push itself off of it. That is simply the logic when it comes
328:55 That is simply the logic when it comes to trading. So when you buy, you need to
328:58 to trading. So when you buy, you need to buy at a support level. When you sell,
329:00 buy at a support level. When you sell, you need to sell at a resistance level.
329:03 you need to sell at a resistance level. So you buy at support and then you sell
329:08 So you buy at support and then you sell at resistance.
329:10 at resistance. At no point do you break this rule right
329:13 At no point do you break this rule right here. This is probably the simplest
329:15 here. This is probably the simplest thing that I can write in this whole
329:17 thing that I can write in this whole entire class and it will probably be the
329:20 entire class and it will probably be the most valuable. I cannot stress to you
329:22 most valuable. I cannot stress to you guys how many of you guys are buying at
329:24 guys how many of you guys are buying at resistance or selling at support. Like
329:27 resistance or selling at support. Like how does that make sense? If the market
329:30 how does that make sense? If the market is going down, right, and the market is
329:33 is going down, right, and the market is going down and you are literally at a
329:35 going down and you are literally at a support level right now where the market
329:38 support level right now where the market has reacted to it three times from this
329:40 has reacted to it three times from this level. Why are you selling into this
329:44 level. Why are you selling into this level where literally historically what
329:46 level where literally historically what it does from here is have a reaction.
329:49 it does from here is have a reaction. Why are you buying from this level? Some
329:51 Why are you buying from this level? Some people just don't they don't they don't
329:53 people just don't they don't they don't know what to say. Some people just don't
329:54 know what to say. Some people just don't have an answer. They're like, "Well, I
329:56 have an answer. They're like, "Well, I didn't know." Well, no [ __ ] you to know
329:58 didn't know." Well, no [ __ ] you to know cuz you wouldn't be doing that. This is
330:00 cuz you wouldn't be doing that. This is like jumping into a twoft pool. Why the
330:03 like jumping into a twoft pool. Why the [ __ ] would you do that? Like you're
330:04 [ __ ] would you do that? Like you're going to literally smash your face. Is
330:06 going to literally smash your face. Is there a one in a thousand possibility
330:08 there a one in a thousand possibility that you know you happen to break
330:11 that you know you happen to break through the pool and and break the
330:13 through the pool and and break the concrete and then go through the the
330:15 concrete and then go through the the foundation. Yeah, if you're Superman or
330:18 foundation. Yeah, if you're Superman or some [ __ ] But the odds of that
330:19 some [ __ ] But the odds of that happening are very rare. Can it happen
330:22 happening are very rare. Can it happen in trading? Yes, of course. But I'm
330:23 in trading? Yes, of course. But I'm talking about in real life, right? You
330:25 talking about in real life, right? You would never jump into a twoft pool. So,
330:27 would never jump into a twoft pool. So, you would never sell into a support
330:30 you would never sell into a support level. You sell at a resistance level.
330:33 level. You sell at a resistance level. Once price is at an area where it has
330:35 Once price is at an area where it has had more than three touches, this right
330:37 had more than three touches, this right here is a valid resistance level. You
330:40 here is a valid resistance level. You sell from a resistance to a support. You
330:44 sell from a resistance to a support. You buy at a support into a resistance. At
330:47 buy at a support into a resistance. At no point do you flip those tables
330:49 no point do you flip those tables around. If the opportunity is not there,
330:52 around. If the opportunity is not there, you simply don't do it. Let's say you
330:54 you simply don't do it. Let's say you really want to take the trade at this
330:55 really want to take the trade at this resistance level right here. Please, by
330:58 resistance level right here. Please, by all means, but you need to be above it.
331:01 all means, but you need to be above it. Price cannot be below it. You need to be
331:03 Price cannot be below it. You need to be above it. You need to be above this area
331:06 above it. You need to be above this area for you to really buy at this area. But
331:08 for you to really buy at this area. But if you're below it, what confirmation do
331:10 if you're below it, what confirmation do you have that it's actually going to
331:12 you have that it's actually going to react from it if it's yet to do it to
331:14 react from it if it's yet to do it to the past? It's never done it, so why
331:16 the past? It's never done it, so why would it do it now? So when it comes to
331:18 would it do it now? So when it comes to area of interest placements, I need you
331:20 area of interest placements, I need you guys to understand that you are placing
331:23 guys to understand that you are placing in between
331:25 in between this higher high and this higher low.
331:28 this higher high and this higher low. And our job as traders, literally our
331:31 And our job as traders, literally our only job is to wait for this
331:34 only job is to wait for this retracement. So we know that this is
331:36 retracement. So we know that this is bullish. Our job is to wait for this
331:38 bullish. Our job is to wait for this retracement to happen. And this
331:41 retracement to happen. And this retracement can literally happen
331:43 retracement can literally happen anywhere, right? This can happen here
331:45 anywhere, right? This can happen here and have the push up. Here and have the
331:48 and have the push up. Here and have the push up. Here and have the push up. This
331:50 push up. Here and have the push up. This retracement can literally happen
331:52 retracement can literally happen anywhere in the chart. Now, we have a
331:54 anywhere in the chart. Now, we have a higher probability of it having a
331:56 higher probability of it having a reaction from here than from here. Why?
332:00 reaction from here than from here. Why? Simply because if you look to the left,
332:02 Simply because if you look to the left, this area has only been respected one
332:05 this area has only been respected one time. And this area here, this area here
332:07 time. And this area here, this area here has been respected four times, five
332:10 has been respected four times, five times. So, if the market makes it to
332:13 times. So, if the market makes it to this area, the odds of it reacting are
332:16 this area, the odds of it reacting are going to be a lot higher than this one.
332:18 going to be a lot higher than this one. Can the market still have a reaction
332:20 Can the market still have a reaction from this level? Of course, and it will.
332:23 from this level? Of course, and it will. And then you won't be able to enter this
332:25 And then you won't be able to enter this trade here. But with a proper strategy
332:28 trade here. But with a proper strategy and trading with a plan, you need to
332:30 and trading with a plan, you need to take the trade where it simply makes
332:32 take the trade where it simply makes sense. And it will always make more
332:34 sense. And it will always make more sense to take the trade here than to
332:36 sense to take the trade here than to take the trade here. So trading with
332:39 take the trade here. So trading with areas of interest or support and
332:41 areas of interest or support and resistance is literally getting you to
332:43 resistance is literally getting you to be able to pretty much predict precisely
332:46 be able to pretty much predict precisely where this retracement has the highest
332:48 where this retracement has the highest probability to stop. Once it stops at
332:51 probability to stop. Once it stops at this area, then you start to apply extra
332:54 this area, then you start to apply extra confirmations and then see if you're
332:56 confirmations and then see if you're interested in entering the trade. This
332:58 interested in entering the trade. This retracement is going to be a key
333:00 retracement is going to be a key fundamental to your success in trading.
333:02 fundamental to your success in trading. Whether you are patient enough for this
333:04 Whether you are patient enough for this retracement to happen or not, that is
333:06 retracement to happen or not, that is entirely up to you. I can't teach
333:07 entirely up to you. I can't teach patience. I can teach you what you need
333:09 patience. I can teach you what you need to know in order for you to apply
333:11 to know in order for you to apply patience, but patience is what's going
333:13 patience, but patience is what's going to either make or break you as a trader
333:15 to either make or break you as a trader when it comes to applying any type of
333:17 when it comes to applying any type of strategy. So, back to areas of interest.
333:20 strategy. So, back to areas of interest. Areas of interest are placed in between
333:22 Areas of interest are placed in between the structure points. There is a
333:24 the structure points. There is a never-ending amount of areas of
333:26 never-ending amount of areas of interest, right? If if I were just to
333:27 interest, right? If if I were just to let's just say just for examples
333:29 let's just say just for examples purposes, I'd bring this structure level
333:31 purposes, I'd bring this structure level up here and I'd bring this structure
333:32 up here and I'd bring this structure level up here just for examples
333:34 level up here just for examples purposes. This right here would also be
333:36 purposes. This right here would also be a another area of interest. Why? Because
333:38 a another area of interest. Why? Because we have one,
333:42 we have one, two, and then three. So, this right here
333:46 two, and then three. So, this right here is a valid area of interest. Now, price
333:49 is a valid area of interest. Now, price is going to have a retracement. On this
333:51 is going to have a retracement. On this retracement, we can potentially have a
333:52 retracement, we can potentially have a push up or we can make it to this area
333:54 push up or we can make it to this area and potentially have a push up. That is
333:56 and potentially have a push up. That is it. Our job as traders is to wait for
333:59 it. Our job as traders is to wait for the market to make it into this area.
334:01 the market to make it into this area. And when the market makes it into this
334:03 And when the market makes it into this area, we apply our strategy to enter the
334:06 area, we apply our strategy to enter the trade. That is it. You only buy at this
334:10 trade. That is it. You only buy at this support. Now, let's say the market just
334:12 support. Now, let's say the market just keeps going into this area, keeps having
334:14 keeps going into this area, keeps having a push down, keeps having a push down,
334:16 a push down, keeps having a push down, and from here it just does something
334:18 and from here it just does something like this. It breaks below the area of
334:21 like this. It breaks below the area of interest. Do you still buy it? No.
334:24 interest. Do you still buy it? No. Because we did not respect the area of
334:26 Because we did not respect the area of interest because this market can now use
334:28 interest because this market can now use this as resistance. What did I just say
334:31 this as resistance. What did I just say in this example over here? This example,
334:34 in this example over here? This example, you cannot buy at a resistance. So yes,
334:37 you cannot buy at a resistance. So yes, even though we've had the retracements
334:39 even though we've had the retracements and we've broken below price,
334:41 and we've broken below price, technically right now we are below this
334:43 technically right now we are below this resistance exactly how we've been here,
334:46 resistance exactly how we've been here, exactly how we've been here and exactly
334:48 exactly how we've been here and exactly how we've been here. So this is destined
334:50 how we've been here. So this is destined to literally create a move like this.
334:53 to literally create a move like this. Can there obviously be the events where
334:55 Can there obviously be the events where it from here does this? Of course. And
334:58 it from here does this? Of course. And that will happen and that is inevitable.
335:00 that will happen and that is inevitable. But in order for you to enter this
335:02 But in order for you to enter this trade, you want to wait for it to
335:03 trade, you want to wait for it to actually break above this area and then
335:06 actually break above this area and then use it as support. You need for it to
335:09 use it as support. You need for it to actually come back and retest it as
335:11 actually come back and retest it as support. How it has done here and how it
335:14 support. How it has done here and how it has done here. You need to use it when
335:17 has done here. You need to use it when price is above it, not when price is
335:20 price is above it, not when price is below it. Once price has broken above it
335:22 below it. Once price has broken above it and it comes back into it, that is when
335:25 and it comes back into it, that is when you use it. Could you use it right as
335:27 you use it. Could you use it right as soon as it breaks above it? Sure. But
335:30 soon as it breaks above it? Sure. But I'm going to be teaching you guys on how
335:31 I'm going to be teaching you guys on how to have the extra confirmations to
335:33 to have the extra confirmations to actually use it when it comes back into
335:35 actually use it when it comes back into it and uses it as support. I'll explain
335:37 it and uses it as support. I'll explain all that later when we get to the
335:38 all that later when we get to the entries and how to actually start
335:39 entries and how to actually start applying a strategy. Right now, I'm just
335:41 applying a strategy. Right now, I'm just teaching you what areas of interest it
335:42 teaching you what areas of interest it is, what is support and resistance.
335:44 is, what is support and resistance. Like, this is all very basic standard
335:46 Like, this is all very basic standard stuff. I haven't even taught you guys
335:47 stuff. I haven't even taught you guys anything of a strategy yet. The only
335:49 anything of a strategy yet. The only thing that I did teach you is how to
335:51 thing that I did teach you is how to properly place this area of interest. So
335:53 properly place this area of interest. So many of these traders just place these
335:55 many of these traders just place these areas of interest randomly in front of
335:56 areas of interest randomly in front of the market and they just place it
335:58 the market and they just place it anywhere. They're literally just putting
335:59 anywhere. They're literally just putting zones throughout the whole entire chart
336:00 zones throughout the whole entire chart and calling everything a supply and
336:02 and calling everything a supply and demand zone, an area of interest, so you
336:03 demand zone, an area of interest, so you could just pretty much get bombarded by
336:06 could just pretty much get bombarded by this information and you buy into their
336:07 this information and you buy into their [ __ ] because they make it seem like
336:09 [ __ ] because they make it seem like you need them. They're trying to
336:10 you need them. They're trying to manipulate you so they can get you to
336:14 manipulate you so they can get you to make them feel like they have this
336:16 make them feel like they have this better understanding of the market and
336:17 better understanding of the market and that you need to learn from them and you
336:19 that you need to learn from them and you need to follow them and you need to No,
336:20 need to follow them and you need to No, you don't have to do none of that [ __ ]
336:21 you don't have to do none of that [ __ ] Having an area of interest only makes
336:23 Having an area of interest only makes sense to have it within the higher high
336:25 sense to have it within the higher high and the higher low. Very [ __ ] simple.
336:27 and the higher low. Very [ __ ] simple. So, can it break below it and can it
336:29 So, can it break below it and can it have a reaction and move to the upside?
336:31 have a reaction and move to the upside? Sure. Now, this is where I would use
336:33 Sure. Now, this is where I would use this support level. If it breaks below
336:35 this support level. If it breaks below it, I would not be buying below it. I
336:38 it, I would not be buying below it. I would only be using it if we break and
336:39 would only be using it if we break and retest above it. But for this example,
336:42 retest above it. But for this example, let's just say that we did something
336:44 let's just say that we did something like this. Sure. Let's say we actually
336:46 like this. Sure. Let's say we actually had the move and we had the push to the
336:48 had the move and we had the push to the upside. Cool. Our area of interest is
336:51 upside. Cool. Our area of interest is validated. And guess what? What happens
336:54 validated. And guess what? What happens now?
336:55 now? But we have a new higher high. And
336:58 But we have a new higher high. And where's the higher low? I don't know.
337:00 where's the higher low? I don't know. Get the head of the snake. Start working
337:02 Get the head of the snake. Start working our way back. Make the first turn. And
337:04 our way back. Make the first turn. And now that right there is going to now be
337:06 now that right there is going to now be the higher low. All right, cool. If
337:09 the higher low. All right, cool. If that's the higher low, we got to start
337:11 that's the higher low, we got to start cooking again. we got to start finding
337:13 cooking again. we got to start finding the next potential area of interest
337:16 the next potential area of interest where this market is going to now have a
337:18 where this market is going to now have a reaction from. So the way we find an
337:21 reaction from. So the way we find an area of interest properly, right, is by
337:24 area of interest properly, right, is by getting this box at the top of the zone.
337:27 getting this box at the top of the zone. And our job as traders is to start
337:30 And our job as traders is to start working our way down all the way to that
337:32 working our way down all the way to that higher low and find points where the
337:35 higher low and find points where the market could potentially have a reaction
337:36 market could potentially have a reaction from. So we start working our way down,
337:39 from. So we start working our way down, working our way down, working our way
337:40 working our way down, working our way down. Boom. We run into the first
337:42 down. Boom. We run into the first resistance.
337:44 resistance. Is this a potential valid area of
337:46 Is this a potential valid area of interest? No, because it only has one
337:48 interest? No, because it only has one touch. Cool, cool, cool, cool. We keep
337:50 touch. Cool, cool, cool, cool. We keep working our way down. Keep working our
337:52 working our way down. Keep working our way down. Keep working our way down.
337:53 way down. Keep working our way down. Boom. We run into a second spot. Well,
337:56 Boom. We run into a second spot. Well, you know what? This is actually pretty
337:58 you know what? This is actually pretty close to this spot. And it's pretty
338:00 close to this spot. And it's pretty close to this spot. Let's see if we can
338:02 close to this spot. Let's see if we can get a very tight small zone. Sure. We We
338:06 get a very tight small zone. Sure. We We have one, two, and three. Three touches
338:09 have one, two, and three. Three touches makes a valid area of interest. So this
338:12 makes a valid area of interest. So this is the first potential area of where the
338:15 is the first potential area of where the market could have a retracement to then
338:18 market could have a retracement to then have a reaction to the upside. That's
338:20 have a reaction to the upside. That's just the first potential area. Right now
338:22 just the first potential area. Right now we have absolutely no idea from where
338:24 we have absolutely no idea from where else. Bring out our trusty box. So we
338:27 else. Bring out our trusty box. So we already understand this is area of
338:28 already understand this is area of interest one. Let's keep working our way
338:30 interest one. Let's keep working our way down.
338:32 down. We can boom. We run into this structure
338:34 We can boom. We run into this structure point right here.
338:36 point right here. Can we add another structure point right
338:38 Can we add another structure point right here? Sure. We have one, two. Is that a
338:42 here? Sure. We have one, two. Is that a valid area of interest?
338:44 valid area of interest? No. Can we make a big zone like this and
338:48 No. Can we make a big zone like this and we get one, two, three, four? Sure. But
338:54 we get one, two, three, four? Sure. But the zones have a maximum and minimum
338:57 the zones have a maximum and minimum sizing of these zones. And I'm going to
338:59 sizing of these zones. And I'm going to get to the sizing of these zones once we
339:01 get to the sizing of these zones once we actually get to the charts. But the max
339:04 actually get to the charts. But the max a zone could be is going to be six,
339:08 a zone could be is going to be six, excuse me, is going to be 60 pips. Max a
339:12 excuse me, is going to be 60 pips. Max a zone could be
339:15 zone could be is 60 pips.
339:17 is 60 pips. Anything bigger than 60 pips, it will no
339:20 Anything bigger than 60 pips, it will no longer be a valid area of interest. So
339:23 longer be a valid area of interest. So the max a area of interest could be is
339:27 the max a area of interest could be is 60 pips. So we're going to add this as
339:29 60 pips. So we're going to add this as another side note over here. Alex, how
339:31 another side note over here. Alex, how do you measure the pips? I already
339:33 do you measure the pips? I already taught you this. You use this tool over
339:35 taught you this. You use this tool over here to the left hand side. Start from
339:37 here to the left hand side. Start from the bottom, work your way up to the top,
339:39 the bottom, work your way up to the top, and what do you have here? This zone is
339:41 and what do you have here? This zone is now going to be 70 pips, making this too
339:45 now going to be 70 pips, making this too big of a zone. The biggest an area of
339:47 big of a zone. The biggest an area of interest could be is a total of 60 pips.
339:50 interest could be is a total of 60 pips. This zone right here is 70 pips, making
339:53 This zone right here is 70 pips, making it no longer valid. We start off from
339:55 it no longer valid. We start off from this zone to right here. You can tell
339:57 this zone to right here. You can tell this is 28 pips. That is perfect. That
339:59 this is 28 pips. That is perfect. That is half of the maximum a zone could be.
340:02 is half of the maximum a zone could be. Now, could you have something smaller?
340:04 Now, could you have something smaller? Yes. I'd say the smallest a zone could
340:06 Yes. I'd say the smallest a zone could be. So, the max it could be is 60. And
340:09 be. So, the max it could be is 60. And then the minimum it could be is five
340:12 then the minimum it could be is five pips. You never really go that small,
340:15 pips. You never really go that small, but just in case if you do for people
340:16 but just in case if you do for people that ask that question, a minimum of
340:19 that ask that question, a minimum of five pips. So, this zone right here, as
340:20 five pips. So, this zone right here, as you can tell, it cannot be used as a
340:23 you can tell, it cannot be used as a valid area of interest. one because this
340:26 valid area of interest. one because this one right here doesn't have a minimum of
340:29 one right here doesn't have a minimum of three touches. And then that one right
340:30 three touches. And then that one right there is more than 60 pips. Right? So,
340:34 there is more than 60 pips. Right? So, we start working our way down. Working
340:35 we start working our way down. Working our way down. Working our way down. And
340:37 our way down. Working our way down. And boom. What do we run into? One,
340:47 two, and then three. What do we have here? A
340:49 and then three. What do we have here? A valid area of interest. Now, we can make
340:51 valid area of interest. Now, we can make this one very tight. As you can tell,
340:53 this one very tight. As you can tell, this one respects it very, very, very
340:56 this one respects it very, very, very strong. So, we can make this one five
340:59 strong. So, we can make this one five pips like this. Or we can make it the
341:02 pips like this. Or we can make it the actual max length, which right here
341:04 actual max length, which right here would be 62 pips. Let's just call it 60
341:07 would be 62 pips. Let's just call it 60 pips for this example's purposes for us
341:10 pips for this example's purposes for us to then have a fourth structure point.
341:12 to then have a fourth structure point. Could we do that? Sure. But personally,
341:15 Could we do that? Sure. But personally, myself, I would much rather have this
341:17 myself, I would much rather have this zone be as tight as it possibly could
341:20 zone be as tight as it possibly could be. I wouldn't want to stretch it out to
341:22 be. I wouldn't want to stretch it out to have more touches. I would rather make
341:24 have more touches. I would rather make it just be tight. The tighter the better
341:27 it just be tight. The tighter the better and the more respected it's going to be.
341:29 and the more respected it's going to be. So here we have one, two, three, and
341:33 So here we have one, two, three, and four. That right there is a valid area
341:36 four. That right there is a valid area of interest. Now I know a lot of people
341:38 of interest. Now I know a lot of people in the past have asked me when I do
341:39 in the past have asked me when I do classes and when I educate people, can
341:41 classes and when I educate people, can we consider the actual higher low a area
341:46 we consider the actual higher low a area of interest? Of course. If the higher
341:48 of interest? Of course. If the higher low happens to have three touches, sure.
341:51 low happens to have three touches, sure. So for examples purposes, this one has
341:54 So for examples purposes, this one has one, none, and none. And no, we cannot
341:59 one, none, and none. And no, we cannot go below the higher low to add touches
342:03 go below the higher low to add touches to the area of interest because if we go
342:04 to the area of interest because if we go below the higher low, guess what
342:06 below the higher low, guess what happens? We are then bearish, making
342:08 happens? We are then bearish, making this no longer a valid area of interest.
342:11 this no longer a valid area of interest. So now this market right here, we've
342:13 So now this market right here, we've just done the top down analysis. We've
342:14 just done the top down analysis. We've determined that this market is bullish.
342:16 determined that this market is bullish. And now we've found two areas of
342:18 And now we've found two areas of interest. This right here is going to be
342:20 interest. This right here is going to be daily area of interest number one. And
342:24 daily area of interest number one. And then this right here is going to be
342:25 then this right here is going to be daily area of interest number two. So
342:29 daily area of interest number two. So these are two areas of interest where
342:31 these are two areas of interest where the market could have a retracement into
342:33 the market could have a retracement into this level. And after having the
342:35 this level. And after having the retracement into this level, it could
342:36 retracement into this level, it could potentially have a reaction. Now again
342:40 potentially have a reaction. Now again the the big important thing is
342:41 the the big important thing is potentially uh one of these areas of
342:44 potentially uh one of these areas of interest could do it or none of them
342:46 interest could do it or none of them this area of interest right here area of
342:48 this area of interest right here area of interest number one is not stronger than
342:51 interest number one is not stronger than area of interest number two area of
342:53 area of interest number two area of interest number two is not stronger than
342:55 interest number two is not stronger than area of interest number one quote
342:56 area of interest number one quote unquote obviously if it has more touches
342:59 unquote obviously if it has more touches it's supposed to be stronger but that
343:02 it's supposed to be stronger but that doesn't mean that I would prefer to
343:04 doesn't mean that I would prefer to enter the trade at area of interest
343:06 enter the trade at area of interest number two rather than area of interest
343:07 number two rather than area of interest number one they're both equally as much
343:10 number one they're both equally as much respected to me personally. And the only
343:13 respected to me personally. And the only reason I the only time I take into
343:15 reason I the only time I take into account how many touches is inside of
343:18 account how many touches is inside of the area of interest is when it comes to
343:19 the area of interest is when it comes to the entry signal and I'll be explaining
343:21 the entry signal and I'll be explaining that later inside of the actual entry
343:23 that later inside of the actual entry signal area. But for right now, to make
343:25 signal area. But for right now, to make a valid area of interest and to wait for
343:27 a valid area of interest and to wait for the market to have a retracement, this
343:30 the market to have a retracement, this is all I need. I need my areas of
343:31 is all I need. I need my areas of interest and area of interest one is
343:33 interest and area of interest one is equally as strong as area of interest 2.
343:35 equally as strong as area of interest 2. I would never pick one over the other.
343:37 I would never pick one over the other. Even if this one has a 100 touches and
343:39 Even if this one has a 100 touches and this one only has three, the market can
343:41 this one only has three, the market can have the reaction from both or from
343:42 have the reaction from both or from none. The market can simply have a
343:44 none. The market can simply have a reaction to right here in the middle and
343:46 reaction to right here in the middle and then have a push to the upside. And a
343:48 then have a push to the upside. And a lot of students ask me all the time,
343:50 lot of students ask me all the time, they're like, "Alex, what happens if the
343:51 they're like, "Alex, what happens if the market does that? What happens if it
343:53 market does that? What happens if it actually has a retracement either in the
343:56 actually has a retracement either in the middle and it doesn't hit any of your
343:57 middle and it doesn't hit any of your areas of interest or right above your
343:59 areas of interest or right above your area of interest and it never hits it
344:00 area of interest and it never hits it and then it has a move to the upside?
344:02 and then it has a move to the upside? What do you do then?"
344:05 What do you do then?" The answer is nothing. You don't do
344:07 The answer is nothing. You don't do [ __ ] That wasn't your trade. That never
344:09 [ __ ] That wasn't your trade. That never met your strategy. You move on to the
344:11 met your strategy. You move on to the next [ __ ] pair. Why are you trying to
344:14 next [ __ ] pair. Why are you trying to figure out to make something work when
344:17 figure out to make something work when you already have something that works?
344:19 you already have something that works? You just have to wait for it to happen.
344:20 You just have to wait for it to happen. Why are you trying to make everything
344:22 Why are you trying to make everything work when all you have to do is wait for
344:24 work when all you have to do is wait for one thing to work? Don't try and catch
344:26 one thing to work? Don't try and catch every move. I don't I don't try and
344:28 every move. I don't I don't try and catch every move. You know how many
344:29 catch every move. You know how many moves I miss a week and I still predict
344:31 moves I miss a week and I still predict the overall trend, but they never come
344:33 the overall trend, but they never come to my zone. So, I never take the trade.
344:35 to my zone. So, I never take the trade. I just say two to three moves every
344:36 I just say two to three moves every single week. Hundreds of pips. Hundreds
344:39 single week. Hundreds of pips. Hundreds of thousands of dollars. But I also
344:41 of thousands of dollars. But I also avoid hundreds of pips. And I also avoid
344:43 avoid hundreds of pips. And I also avoid losing hundreds of thousands of dollars
344:45 losing hundreds of thousands of dollars by sticking to my plan. It's never worth
344:48 by sticking to my plan. It's never worth breaking my plan just to try and catch a
344:51 breaking my plan just to try and catch a move and prove a point because I know
344:52 move and prove a point because I know how to trade or I know how to identify
344:54 how to trade or I know how to identify the trend. Waiting for the trade to
344:56 the trend. Waiting for the trade to these areas of interest is going to be
344:58 these areas of interest is going to be the key thing. So now let's say for
345:00 the key thing. So now let's say for example, this market actually does this,
345:02 example, this market actually does this, right? This market has a push to the
345:05 right? This market has a push to the upside. This is the higher low. This is
345:07 upside. This is the higher low. This is the new higher high. Make this a new
345:10 the new higher high. Make this a new higher high. This will be the higher
345:12 higher high. This will be the higher low. Obviously, this area of interest is
345:16 low. Obviously, this area of interest is no longer valid because if price gets to
345:18 no longer valid because if price gets to there, we will then be bearish. And this
345:20 there, we will then be bearish. And this obviously this area of interest is no
345:21 obviously this area of interest is no longer valid. Now, on the daily time
345:24 longer valid. Now, on the daily time frame, if I were just to place this area
345:26 frame, if I were just to place this area of interest, start working our way down.
345:28 of interest, start working our way down. Boom. We run into this structure level
345:30 Boom. We run into this structure level here. And then, guess what? That's it.
345:33 here. And then, guess what? That's it. There's no three touches here. There is
345:35 There's no three touches here. There is no three touches here. There's barely
345:38 no three touches here. There's barely two touches here. Can there be a
345:40 two touches here. Can there be a scenario where there is no area of
345:42 scenario where there is no area of interest? Of course, this is 100% a
345:44 interest? Of course, this is 100% a possibility. Does it happen? Very rarely
345:47 possibility. Does it happen? Very rarely does it happen. But if it does, there's
345:49 does it happen. But if it does, there's just simply no area of interest. You
345:50 just simply no area of interest. You just simply go down to the next time
345:52 just simply go down to the next time frame or go up to the next time frame
345:54 frame or go up to the next time frame and wait for an area of interest at that
345:56 and wait for an area of interest at that point. Right now, I'm just teaching you
345:57 point. Right now, I'm just teaching you what an area of interest is and how you
345:59 what an area of interest is and how you can identify it. There's 110 million
346:02 can identify it. There's 110 million different what if possibilities and one
346:05 different what if possibilities and one of them is this. And if that happens,
346:06 of them is this. And if that happens, well then that happens. Now let's say
346:08 well then that happens. Now let's say this market, for example, just does
346:10 this market, for example, just does this.
346:12 this. All right, cool. Now what? We're
346:14 All right, cool. Now what? We're bearish. This is the lower low. Where's
346:16 bearish. This is the lower low. Where's the lower high? Right up at this point
346:18 the lower high? Right up at this point right here. If this is the lower high
346:20 right here. If this is the lower high and this is the lower low, guess what?
346:23 and this is the lower low, guess what? We're now going to get our area of
346:25 We're now going to get our area of interest in between like this. And then
346:27 interest in between like this. And then we're going to do the exact same thing.
346:29 we're going to do the exact same thing. just now working our way up because our
346:31 just now working our way up because our job is to predict this pullback and on
346:34 job is to predict this pullback and on this pullback for us to then potentially
346:36 this pullback for us to then potentially take this out. Now, where does this
346:37 take this out. Now, where does this pullback stop? Well, it's the same
346:40 pullback stop? Well, it's the same thing. We start working our way up.
346:41 thing. We start working our way up. Boom. We run into this area right here.
346:43 Boom. We run into this area right here. We have one, two,
346:46 We have one, two, and nothing else. Oh, I lied. We look a
346:49 and nothing else. Oh, I lied. We look a little bit more left and bang. Cool.
346:51 little bit more left and bang. Cool. Let's call it right there. We have one,
346:53 Let's call it right there. We have one, two, and three. That right there, ladies
346:56 two, and three. That right there, ladies and gentlemen, is a valid area of
346:58 and gentlemen, is a valid area of interest. That right there is indeed
347:00 interest. That right there is indeed considered an area of interest. Area of
347:02 considered an area of interest. Area of interest number one. One, two, and
347:06 interest number one. One, two, and three. Cool. We have the first area of
347:09 three. Cool. We have the first area of interest. We just simply go ahead and
347:11 interest. We just simply go ahead and start from this point right here and
347:12 start from this point right here and keep going back. We have one, none,
347:16 keep going back. We have one, none, none, and none. No area of interest. We
347:18 none, and none. No area of interest. We keep working our way up. Boom. We run
347:20 keep working our way up. Boom. We run into this right here. One, two, and
347:23 into this right here. One, two, and three. So, we already had this area of
347:24 three. So, we already had this area of interest in the past. Very clean, very
347:27 interest in the past. Very clean, very obvious. We keep working from this point
347:30 obvious. We keep working from this point right here. We keep working our way up.
347:32 right here. We keep working our way up. Bam. Boom. Guess what we run into here?
347:34 Bam. Boom. Guess what we run into here? One, two, and three. And I'm sure we can
347:37 One, two, and three. And I'm sure we can squeeze this one in here for four. One,
347:40 squeeze this one in here for four. One, two, three, four. And then if we keep
347:42 two, three, four. And then if we keep working our way from the top, from this
347:45 working our way from the top, from this right here, keep working our way from
347:47 right here, keep working our way from all the way right here, we run into that
347:49 all the way right here, we run into that point. There's only one structure point
347:51 point. There's only one structure point there. And then there is another one
347:54 there. And then there is another one like this. How many pips is this? This
347:56 like this. How many pips is this? This is a total of 52 pips. So technically on
348:01 is a total of 52 pips. So technically on this lower low leg there is one, two,
348:05 this lower low leg there is one, two, three and four areas of interest that
348:07 three and four areas of interest that the market can potentially have a
348:09 the market can potentially have a reaction from. The market can have a
348:12 reaction from. The market can have a pullback to either here and have a
348:14 pullback to either here and have a reaction here and have a reaction here
348:17 reaction here and have a reaction here and have a reaction or here and have a
348:19 and have a reaction or here and have a reaction. Once again, is this something
348:22 reaction. Once again, is this something that can often happen that you would
348:23 that can often happen that you would have four areas of interest? Yes. But
348:26 have four areas of interest? Yes. But our job as traders is just to wait for
348:28 our job as traders is just to wait for the market to get to every single one of
348:31 the market to get to every single one of these or whichever one of these it gets
348:32 these or whichever one of these it gets to and then us apply the strategy to it.
348:36 to and then us apply the strategy to it. I can say based off of my experience
348:38 I can say based off of my experience that if I were to have four areas of
348:40 that if I were to have four areas of interest, my strategy would probably
348:42 interest, my strategy would probably have a full check off checklist at maybe
348:46 have a full check off checklist at maybe one or two of these areas of interest.
348:48 one or two of these areas of interest. Now, not because the area of interest
348:50 Now, not because the area of interest isn't valid. It's just because the
348:52 isn't valid. It's just because the market isn't going to react to every
348:53 market isn't going to react to every single one of these. It's probably going
348:55 single one of these. It's probably going to break right through this one and then
348:57 to break right through this one and then maybe here it'll have a little bit of a
348:58 maybe here it'll have a little bit of a reaction, but then I don't get the
349:00 reaction, but then I don't get the proper entry signal that I need. And
349:02 proper entry signal that I need. And then it'll actually make it to this area
349:04 then it'll actually make it to this area right here. And then here is where I
349:06 right here. And then here is where I then get my entry signal and then I
349:07 then get my entry signal and then I actually take the trade. If I miss this
349:09 actually take the trade. If I miss this trade at this area, can then I enter the
349:12 trade at this area, can then I enter the trade if it breaks below this area of
349:14 trade if it breaks below this area of interest to then sell? Sure. Yes, you
349:16 interest to then sell? Sure. Yes, you could do this. These are all different
349:18 could do this. These are all different possible potential scenarios and
349:19 possible potential scenarios and hypotheticals of things that can happen.
349:21 hypotheticals of things that can happen. But our job is to wait for this
349:22 But our job is to wait for this retracement. So once we get this, we can
349:24 retracement. So once we get this, we can then sell. So this is just a very simple
349:28 then sell. So this is just a very simple example of a sell markets. Same exact
349:30 example of a sell markets. Same exact thing. This is now the new lower low.
349:32 thing. This is now the new lower low. For example, this is now the new lower
349:34 For example, this is now the new lower high. We could invalidate this area of
349:36 high. We could invalidate this area of interest. We could invalidate this area
349:38 interest. We could invalidate this area of interest. This area of interest could
349:39 of interest. This area of interest could stay because it's still within the lower
349:41 stay because it's still within the lower high and the lower low. We just do the
349:43 high and the lower low. We just do the exact same thing. We start working from
349:45 exact same thing. We start working from the bottom right into this point right
349:47 the bottom right into this point right here. We can find one, two, three, and
349:51 here. We can find one, two, three, and let's just call this one four. Don't
349:53 let's just call this one four. Don't worry, I do this very fast because I
349:55 worry, I do this very fast because I think I've been doing this for longer
349:57 think I've been doing this for longer than I can remember. But here we have
349:59 than I can remember. But here we have one, two, three with this point right
350:02 one, two, three with this point right here, four, five, and six. So, let's
350:05 here, four, five, and six. So, let's just say we have two areas of interest
350:07 just say we have two areas of interest in this market. Same exact thing. We're
350:09 in this market. Same exact thing. We're waiting for a pull back into here to
350:10 waiting for a pull back into here to then sell or a pullback here into then
350:13 then sell or a pullback here into then sell. That right there, ladies and
350:15 sell. That right there, ladies and gentlemen, is how area of interest
350:17 gentlemen, is how area of interest works. How you can spot it in the middle
350:19 works. How you can spot it in the middle of the market and how you use it with
350:21 of the market and how you use it with market structure. Now,
350:24 market structure. Now, we go do this in the real market in real
350:26 we go do this in the real market in real time.
350:28 time. It is no different ladies and gentlemen.
350:29 It is no different ladies and gentlemen. If we come here to the weekly time
350:31 If we come here to the weekly time frame, we can only place a weekly area
350:33 frame, we can only place a weekly area of interest within this higher high and
350:36 of interest within this higher high and within this higher low. Now, same exact
350:38 within this higher low. Now, same exact principle applies as to the trend. For
350:41 principle applies as to the trend. For you to identify the area of interest is
350:44 you to identify the area of interest is going to be the exact same thing. So,
350:45 going to be the exact same thing. So, here we're going to do weekly and area
350:48 here we're going to do weekly and area of interest. Daily and area of interest,
350:52 of interest. Daily and area of interest, 4hour, there's going to be no area of
350:56 4hour, there's going to be no area of interest. So, we only look for an area
350:58 interest. So, we only look for an area of interest on the weekly and on the
351:01 of interest on the weekly and on the daily. But we use these three time
351:03 daily. But we use these three time frames to identify the trend. But we
351:06 frames to identify the trend. But we only find an area of interest on the
351:08 only find an area of interest on the weekly and the daily. Now, some of you
351:10 weekly and the daily. Now, some of you guys may be asking, why are we going to
351:12 guys may be asking, why are we going to only find an area of interest on the
351:13 only find an area of interest on the weekly and the daily? Well, the truth is
351:15 weekly and the daily? Well, the truth is that the market is going to be respected
351:17 that the market is going to be respected so much more from the higher time frames
351:20 so much more from the higher time frames compared to the lower time frames. In
351:22 compared to the lower time frames. In the 4hour time frame, I have found that
351:24 the 4hour time frame, I have found that I can have 10 areas of interest. And I
351:28 I can have 10 areas of interest. And I don't want 10 areas of interest. I want
351:30 don't want 10 areas of interest. I want maybe one, maybe two, max three. I don't
351:34 maybe one, maybe two, max three. I don't want more than three areas of the market
351:35 want more than three areas of the market could potentially have a reaction from.
351:37 could potentially have a reaction from. And I always want to trade with the
351:39 And I always want to trade with the higher time frames. Not because I'm a
351:41 higher time frames. Not because I'm a swing trader. I don't want you guys to
351:42 swing trader. I don't want you guys to get that confused. It's because I like
351:45 get that confused. It's because I like to trade with the higher time frames
351:47 to trade with the higher time frames backing my trade. I want the weekly and
351:49 backing my trade. I want the weekly and the daily trend to be in my favor so it
351:52 the daily trend to be in my favor so it can push my trade in that direction. I
351:54 can push my trade in that direction. I want to buy or sell the market at a
351:56 want to buy or sell the market at a daily or weekly area of interest. So
351:58 daily or weekly area of interest. So that support level is being pushed by
352:01 that support level is being pushed by the higher time frame. I want to buy at
352:03 the higher time frame. I want to buy at a daily support because that's what's
352:05 a daily support because that's what's going to give me that daily push to the
352:06 going to give me that daily push to the upside. I don't want to do it off of a 4
352:08 upside. I don't want to do it off of a 4 hour. A 4 hour area of interest could
352:11 hour. A 4 hour area of interest could break and retest it 10 times within the
352:13 break and retest it 10 times within the same day. On the daily, it'll take much
352:15 same day. On the daily, it'll take much longer just simply because the
352:16 longer just simply because the candlesticks take much more to move. So
352:19 candlesticks take much more to move. So they get respected a lot more. So in
352:22 they get respected a lot more. So in order for me to find an area of interest
352:23 order for me to find an area of interest on the weekly, I have to go back max
352:26 on the weekly, I have to go back max five to six years, the exact same time
352:28 five to six years, the exact same time it takes me to identify the trend. And I
352:30 it takes me to identify the trend. And I only have an area of interest in between
352:32 only have an area of interest in between the weekly and the daily. No area of
352:34 the weekly and the daily. No area of interest on the 4 hour. So if I were to
352:37 interest on the 4 hour. So if I were to get this area of interest and I were
352:38 get this area of interest and I were just to drag it left, I don't really
352:40 just to drag it left, I don't really have to go further back than let's say
352:43 have to go further back than let's say two years. But for example, right now on
352:45 two years. But for example, right now on the weekly time frame, we understand
352:47 the weekly time frame, we understand that that is the weekly higher high.
352:49 that that is the weekly higher high. That is the weekly higher low. And what
352:51 That is the weekly higher low. And what we could start doing is working our way
352:53 we could start doing is working our way down. If we start working our way down,
352:55 down. If we start working our way down, what do we run into? If we don't have a
352:57 what do we run into? If we don't have a clear vision, we can go to the market
352:59 clear vision, we can go to the market structure. And in the market structure,
353:01 structure. And in the market structure, what do we have? For example, right
353:03 what do we have? For example, right here,
353:05 here, we have one, two, and three. Can that be
353:10 we have one, two, and three. Can that be a valid area of interest? Sure. Can we
353:12 a valid area of interest? Sure. Can we make this a very tight area of interest
353:14 make this a very tight area of interest like this? We have one. We have to
353:16 like this? We have one. We have to include this one right here for it to be
353:18 include this one right here for it to be a valid one. One, two, and three.
353:23 a valid one. One, two, and three. Technically, four if we include this as
353:25 Technically, four if we include this as well. So, we can probably move it up
353:26 well. So, we can probably move it up just a little bit. And nothing else to
353:29 just a little bit. And nothing else to the right. Now, let's see how that looks
353:30 the right. Now, let's see how that looks like on the daily with the candlesticks.
353:32 like on the daily with the candlesticks. Very clean on the daily. Very clean
353:34 Very clean on the daily. Very clean elbow here. Very clean elbow here. And
353:37 elbow here. Very clean elbow here. And very clean elbow here. This one is not
353:39 very clean elbow here. This one is not so clean on the candlestick chart, but
353:41 so clean on the candlestick chart, but we still indeed have three very valid
353:44 we still indeed have three very valid elbows including the candlesticks. So
353:47 elbows including the candlesticks. So maybe on the line chart you can have 10
353:49 maybe on the line chart you can have 10 structure points but when you go verify
353:52 structure points but when you go verify this on the actual candlestick chart you
353:54 this on the actual candlestick chart you maybe only have five. So you always want
353:56 maybe only have five. So you always want to use the line chart to make it a
353:59 to use the line chart to make it a obvious area of interest. After you make
354:02 obvious area of interest. After you make it an obvious area of interest, right?
354:04 it an obvious area of interest, right? So we would also have counted this right
354:05 So we would also have counted this right here. So that's an obvious elbow
354:07 here. So that's an obvious elbow rejection from this area of interest. We
354:09 rejection from this area of interest. We then go to the daily to confirm that
354:12 then go to the daily to confirm that it's a real rejection or a valid elbow.
354:14 it's a real rejection or a valid elbow. And then there we would actually remove
354:16 And then there we would actually remove it and be like okay it's not as clean
354:18 it and be like okay it's not as clean for example as this one or this one or
354:20 for example as this one or this one or this one. These are more obvious
354:21 this one. These are more obvious reversal points. So even then this is
354:25 reversal points. So even then this is still a valid area of interest. So this
354:27 still a valid area of interest. So this right here would be a weekly
354:30 right here would be a weekly area of interest. We keep going from
354:33 area of interest. We keep going from this point down right here and uh keep
354:35 this point down right here and uh keep working our way down. So we go back to
354:38 working our way down. So we go back to the line chart. Switch to the line
354:39 the line chart. Switch to the line chart. And on this line chart, we're
354:42 chart. And on this line chart, we're going to now identify the next potential
354:45 going to now identify the next potential area of interest. Start working our way
354:47 area of interest. Start working our way down. Working our way down. And boom, we
354:49 down. Working our way down. And boom, we run into this right here. We have one,
354:53 run into this right here. We have one, two, three, four, five rejections from
354:58 two, three, four, five rejections from this area. All right, cool. Can make
355:00 this area. All right, cool. Can make this a very tight zone. Also, by the
355:02 this a very tight zone. Also, by the way, we have to measure this zone. I
355:04 way, we have to measure this zone. I forgot it. So, we measure this zone. We
355:06 forgot it. So, we measure this zone. We have a total of 54 pips. So yes, this is
355:08 have a total of 54 pips. So yes, this is a valid area of interest as long as it's
355:11 a valid area of interest as long as it's below 60. Cool. This area right here, we
355:14 below 60. Cool. This area right here, we have one, we have two, we have three, we
355:22 have one, we have two, we have three, we have four,
355:24 have four, five, and then six. Let's go check out
355:28 five, and then six. Let's go check out the candlesticks to confirm that that
355:29 the candlesticks to confirm that that [ __ ] is legit. This one's okay. So, we
355:33 [ __ ] is legit. This one's okay. So, we have one. This one's okay. We have two
355:36 have one. This one's okay. We have two for sure. three, four, and five for
355:38 for sure. three, four, and five for sure. Okay, so we can technically remove
355:41 sure. Okay, so we can technically remove this one. I like this elbow. I like this
355:44 this one. I like this elbow. I like this elbow. I like this. I like this. And I
355:46 elbow. I like this. I like this. And I like this. Very clean break, retest,
355:48 like this. Very clean break, retest, sell, rejection, sell. Cool. So that's
355:51 sell, rejection, sell. Cool. So that's area of interest, too. Not bad. So we
355:54 area of interest, too. Not bad. So we have a weekly second area of interest.
355:59 have a weekly second area of interest. Next, we're going to continue going
356:00 Next, we're going to continue going down. We're going to go all the way
356:02 down. We're going to go all the way until we make it to the higher low. We
356:04 until we make it to the higher low. We stop at the higher low every single time
356:06 stop at the higher low every single time or we stop at the lower high if we're
356:09 or we stop at the lower high if we're looking for sells. Right? So now we
356:11 looking for sells. Right? So now we continue going to the downside and we
356:13 continue going to the downside and we then run into boom this structure point
356:16 then run into boom this structure point right here we have one two three four
356:20 right here we have one two three four and five. All right. Cool. Right here we
356:22 and five. All right. Cool. Right here we also have one two three four and five.
356:26 also have one two three four and five. So if we were to once again get our
356:28 So if we were to once again get our trusty circle
356:30 trusty circle and do this right here. And I've never
356:32 and do this right here. And I've never seen anybody do this. how I'm walking it
356:34 seen anybody do this. how I'm walking it with it. Like you guys right now,
356:35 with it. Like you guys right now, everybody tries just to speed through
356:37 everybody tries just to speed through this stuff. Like I really want to
356:38 this stuff. Like I really want to generally take my time so you guys can
356:40 generally take my time so you guys can learn from this because I'm telling you,
356:41 learn from this because I'm telling you, I searched the internet for [ __ ]
356:44 I searched the internet for [ __ ] months to understand this. Like you guys
356:46 months to understand this. Like you guys have no idea.
356:49 have no idea. We go back to the candlestick chart.
356:51 We go back to the candlestick chart. This is a clear rejection. This is a
356:52 This is a clear rejection. This is a clear rejection. Very clear. Very clear.
356:55 clear rejection. Very clear. Very clear. And not so clear. I would not count that
356:58 And not so clear. I would not count that as a structure point. I would count this
356:59 as a structure point. I would count this one. I would count this one. Yes. And
357:01 one. I would count this one. Yes. And yes. Even then that is more than three
357:03 yes. Even then that is more than three that makes that a valid area of
357:05 that makes that a valid area of interest. Now this right here
357:07 interest. Now this right here technically are the three weekly areas
357:09 technically are the three weekly areas of interest. This is weekly area of
357:11 of interest. This is weekly area of interest number one, weekly area of
357:13 interest number one, weekly area of interest number two and weekly area of
357:15 interest number two and weekly area of interest number three. That right there
357:18 interest number three. That right there as you can tell ladies and gentlemen is
357:19 as you can tell ladies and gentlemen is a very clear indication that these are
357:21 a very clear indication that these are the potential areas where the weekly
357:23 the potential areas where the weekly time frame could have a retracement to
357:24 time frame could have a retracement to buy, retracement to buy and then
357:26 buy, retracement to buy and then retracement to buy. Now, what we would
357:29 retracement to buy. Now, what we would do is we would go down to then the daily
357:31 do is we would go down to then the daily time frame, right? And on the daily time
357:33 time frame, right? And on the daily time frame, we're going to do the exact same
357:35 frame, we're going to do the exact same thing, but for the daily higher low and
357:38 thing, but for the daily higher low and for the daily higher high. So, we're
357:40 for the daily higher high. So, we're going to have this blue on blue box be
357:42 going to have this blue on blue box be the weekly area of interest and this
357:44 the weekly area of interest and this blue on blue box be the weekly area of
357:46 blue on blue box be the weekly area of interest. This is also the weekly area
357:48 interest. This is also the weekly area of interest. But for the daily area of
357:50 of interest. But for the daily area of interest, we're going to have a red
357:51 interest, we're going to have a red outline, right? So, we're going to get
357:53 outline, right? So, we're going to get this box right here and we're going to
357:54 this box right here and we're going to make the outline of this box. We're
357:56 make the outline of this box. We're going to make it red. So, we can start
357:59 going to make it red. So, we can start off once again at the high of this
358:01 off once again at the high of this market. And we can just basically start
358:03 market. And we can just basically start working our way down. Start working our
358:05 working our way down. Start working our way down. We're basically going to run
358:08 way down. We're basically going to run into this structure area right here.
358:10 into this structure area right here. Resistance, support, support, and we can
358:13 Resistance, support, support, and we can look more left. We're going to see more
358:15 look more left. We're going to see more structure points coming up to the left
358:17 structure points coming up to the left hand side over here. In just a second,
358:19 hand side over here. In just a second, we're going to see more structure
358:21 we're going to see more structure points. And the goal for us to do here
358:22 points. And the goal for us to do here is just to try and minimize as much
358:24 is just to try and minimize as much noise as possible and focus on as many
358:26 noise as possible and focus on as many things as just focus on like the the
358:29 things as just focus on like the the clear market structure points. And right
358:31 clear market structure points. And right here, as you can tell, we can have here
358:33 here, as you can tell, we can have here one structure point up here. Two, go a
358:36 one structure point up here. Two, go a little bit more to the left. And then we
358:38 little bit more to the left. And then we can also focus on one, two, three, four,
358:40 can also focus on one, two, three, four, five, six, seven. Right? So we have more
358:42 five, six, seven. Right? So we have more than three for sure. Let's look at it on
358:44 than three for sure. Let's look at it on the candlestick chart. So right here as
358:46 the candlestick chart. So right here as you can tell we have one two three four
358:49 you can tell we have one two three four five six seven eight nine at that point
358:53 five six seven eight nine at that point right there we got 10. So obviously
358:55 right there we got 10. So obviously there is also a valid daily area of
358:58 there is also a valid daily area of interest right in here. Now if you can
359:00 interest right in here. Now if you can tell what a coincidence that that daily
359:02 tell what a coincidence that that daily area of interest also happens to be the
359:05 area of interest also happens to be the weekly area of interest. Right? So just
359:07 weekly area of interest. Right? So just putting that on to the side and that's
359:09 putting that on to the side and that's going to be important later on. Right?
359:11 going to be important later on. Right? But for now let's just let's keep going.
359:13 But for now let's just let's keep going. Right? Let's focus on from this high
359:14 Right? Let's focus on from this high point up here, working our way down from
359:17 point up here, working our way down from this point right here. And then boom, we
359:19 this point right here. And then boom, we run into this next structure points that
359:21 run into this next structure points that we have right here. Obviously, for just
359:22 we have right here. Obviously, for just the simplicity of the video, I've
359:24 the simplicity of the video, I've skipped this structure point. Then I've
359:25 skipped this structure point. Then I've gone to the more obvious one. Can there
359:28 gone to the more obvious one. Can there be more structure points at this area
359:30 be more structure points at this area right here that I have just identified
359:32 right here that I have just identified over here? And I go more to the left.
359:34 over here? And I go more to the left. Sure, I'm sure we can find some
359:36 Sure, I'm sure we can find some structure points there. You can find
359:37 structure points there. You can find three touches anywhere, but our goal is
359:39 three touches anywhere, but our goal is to find the three closest touches to
359:42 to find the three closest touches to where price is right now and the most
359:43 where price is right now and the most relevant. If you have to go back far
359:45 relevant. If you have to go back far left, you could. No problem. But you
359:47 left, you could. No problem. But you want to get the most strongest and most
359:49 want to get the most strongest and most relevant points. Now, if you notice
359:50 relevant points. Now, if you notice right here on the daily time frame, what
359:52 right here on the daily time frame, what do we have right here? Well, 1 2 3 4 5.
359:56 do we have right here? Well, 1 2 3 4 5. How does this look like on the
359:57 How does this look like on the candlestick chart? Perfect. 1 2 3 4 5.
360:01 candlestick chart? Perfect. 1 2 3 4 5. We have another area of interest. And
360:03 We have another area of interest. And what a coincidence, we can also align
360:05 what a coincidence, we can also align that with our daily higher low. Well,
360:08 that with our daily higher low. Well, would you look at that? We have weekly
360:11 would you look at that? We have weekly area of interest number two happens to
360:15 area of interest number two happens to also line up with our daily area of
360:18 also line up with our daily area of interest number two. So now this right
360:21 interest number two. So now this right here is pretty much a perfect
360:23 here is pretty much a perfect coincidence, right? I wish I would have
360:25 coincidence, right? I wish I would have known this before I even started this
360:27 known this before I even started this analysis. So, it would have been easier
360:28 analysis. So, it would have been easier if it wasn't, but it would have been
360:30 if it wasn't, but it would have been easier because I could have separated
360:31 easier because I could have separated the areas of interest and stuff like
360:32 the areas of interest and stuff like that. But this right here shows you how
360:34 that. But this right here shows you how areas of interest from the weekly and
360:35 areas of interest from the weekly and the daily happen to align for this
360:37 the daily happen to align for this example right here. We're going to go
360:38 example right here. We're going to go through all those examples where they
360:40 through all those examples where they don't. So, for now, we're just going to
360:41 don't. So, for now, we're just going to remove this weekly area of interest, the
360:43 remove this weekly area of interest, the third one, because there's so much that
360:45 third one, because there's so much that price has to come back through and
360:47 price has to come back through and actually be able to break before getting
360:48 actually be able to break before getting there. So, now we go back to the weekly
360:51 there. So, now we go back to the weekly time frame. This is what it looks like.
360:52 time frame. This is what it looks like. This weekly area of interest happens to
360:54 This weekly area of interest happens to also be a daily area of interest. This
360:56 also be a daily area of interest. This weekly area of interest happens to also
360:58 weekly area of interest happens to also be this daily area of interest. So what
361:00 be this daily area of interest. So what do I like to do in a scenario like this
361:02 do I like to do in a scenario like this when we have two overlapping areas of
361:04 when we have two overlapping areas of interest. What I like to do is to
361:07 interest. What I like to do is to combine them as much as I can. I like to
361:09 combine them as much as I can. I like to find the happy medium. I try and see if
361:11 find the happy medium. I try and see if I can make this area of interest right
361:13 I can make this area of interest right here on the daily somewhat fit in the
361:16 here on the daily somewhat fit in the middle of this weekly area of interest.
361:18 middle of this weekly area of interest. And if it could still have more than
361:20 And if it could still have more than three touches to fit inside of this area
361:22 three touches to fit inside of this area of interest, then I would just minimize
361:25 of interest, then I would just minimize throughout the top. So, as you can tell
361:26 throughout the top. So, as you can tell here, I moved it down a little bit and I
361:28 here, I moved it down a little bit and I have more taps here, more taps here,
361:31 have more taps here, more taps here, more tabs here, more tabs here. And what
361:33 more tabs here, more tabs here. And what I try and do is just make this as tight
361:35 I try and do is just make this as tight as possible. So, 60 pips is the biggest,
361:38 as possible. So, 60 pips is the biggest, but the sweet spot is around 20 to 35
361:41 but the sweet spot is around 20 to 35 pips. Now, this daily area of interest
361:43 pips. Now, this daily area of interest is right at that 25 pip mark. And I'm
361:46 is right at that 25 pip mark. And I'm sure that I can squeeze this weekly area
361:48 sure that I can squeeze this weekly area of interest to this structure point and
361:50 of interest to this structure point and then squeeze it right into that daily
361:52 then squeeze it right into that daily structure point as well. So, if we go
361:54 structure point as well. So, if we go out to the weekly, let's see if we have
361:55 out to the weekly, let's see if we have a minimum of three touches with that
361:57 a minimum of three touches with that right there. As you can tell, indeed, we
362:00 right there. As you can tell, indeed, we somewhat still do. I would have to move
362:02 somewhat still do. I would have to move the weekly a little bit higher for us to
362:04 the weekly a little bit higher for us to actually get that right there for us to
362:07 actually get that right there for us to get that right there. And then, in order
362:09 get that right there. And then, in order for us to also count that structure
362:11 for us to also count that structure point right there. So, right there, we
362:13 point right there. So, right there, we are counting that structure point and
362:15 are counting that structure point and that structure point, what I can do here
362:17 that structure point, what I can do here as well is move the daily time frame up
362:19 as well is move the daily time frame up along with that weekly. And then, boom.
362:22 along with that weekly. And then, boom. Right there we have a perfect daily area
362:24 Right there we have a perfect daily area of interest that aligns with a weekly
362:26 of interest that aligns with a weekly area of interest. This is a beautiful
362:28 area of interest. This is a beautiful sweet spot. This right here lets me know
362:30 sweet spot. This right here lets me know that if price retraces to this area,
362:33 that if price retraces to this area, which is where we are right now, not
362:35 which is where we are right now, not only are are we at a daily and weekly
362:37 only are are we at a daily and weekly area of interest, but they're both
362:38 area of interest, but they're both overlapping. And if it just doesn't get
362:40 overlapping. And if it just doesn't get respected here, then it has a higher
362:42 respected here, then it has a higher probability of coming to this area and
362:44 probability of coming to this area and then basically respecting and having a
362:45 then basically respecting and having a reaction from that point right there.
362:47 reaction from that point right there. This right here is beautiful. I love to
362:49 This right here is beautiful. I love to see this. I love having both of these
362:51 see this. I love having both of these confirmations because this just lets me
362:53 confirmations because this just lets me know that these time frames are actually
362:55 know that these time frames are actually in sync. The weekly and daily are in
362:56 in sync. The weekly and daily are in sync. Areas of interest in sync. All
362:59 sync. Areas of interest in sync. All overall, it makes sense to actually
363:01 overall, it makes sense to actually enter this trade as a buy rather than a
363:03 enter this trade as a buy rather than a sell. Because at the end of the day,
363:05 sell. Because at the end of the day, that's all we're trying to do. We're
363:06 that's all we're trying to do. We're trying to make this trade make more
363:07 trying to make this trade make more sense that it's going to go to the
363:09 sense that it's going to go to the upside and to the downside. So, right
363:12 upside and to the downside. So, right now, this is very, very, very simple,
363:14 now, this is very, very, very simple, over-the-top top down analysis. Now
363:17 over-the-top top down analysis. Now again, if this looks a little bit
363:18 again, if this looks a little bit confusing, you know, you don't have to
363:19 confusing, you know, you don't have to leave these lines up here. You can you
363:21 leave these lines up here. You can you can move them if you want. I like
363:22 can move them if you want. I like leaving them sometimes because it just
363:24 leaving them sometimes because it just gives me an overall idea of where the
363:26 gives me an overall idea of where the market is. And it lets me know that I
363:28 market is. And it lets me know that I should only be focusing inside of this
363:31 should only be focusing inside of this zone right here. And it lets me know
363:33 zone right here. And it lets me know that all I have to do as a trader right
363:34 that all I have to do as a trader right now is wait for price to actually have a
363:37 now is wait for price to actually have a retracement into this zone for the
363:39 retracement into this zone for the market to have a reaction from there or
363:41 market to have a reaction from there or let the price come into this zone and
363:42 let the price come into this zone and then let the market have a reaction from
363:44 then let the market have a reaction from there. This right here is what 99% of
363:47 there. This right here is what 99% of traders cannot do. Right? Traders cannot
363:50 traders cannot do. Right? Traders cannot identify trend. Traders cannot identify
363:53 identify trend. Traders cannot identify market structure. They can't even tell
363:55 market structure. They can't even tell where to properly put an area of
363:56 where to properly put an area of interest or where even the market is.
363:58 interest or where even the market is. Now, we can very clearly tell if we were
364:00 Now, we can very clearly tell if we were just going to look at this market based
364:02 just going to look at this market based off of market structure. So, if I were
364:04 off of market structure. So, if I were just to look at this for the structure
364:06 just to look at this for the structure of the market, which is what we should
364:07 of the market, which is what we should always look at it, but on the
364:08 always look at it, but on the candlestick chart rather than the line
364:10 candlestick chart rather than the line chart. If we were to look at it just on
364:12 chart. If we were to look at it just on the candlestick chart, just so you guys
364:13 the candlestick chart, just so you guys get a visual, if you look at this
364:15 get a visual, if you look at this without any of the drawings, what does
364:16 without any of the drawings, what does this look like? If I were just to focus
364:18 this look like? If I were just to focus on this move right here, this looks like
364:20 on this move right here, this looks like a perfect break, then a retest to this
364:22 a perfect break, then a retest to this structure point and then a push to the
364:24 structure point and then a push to the upside. What a coincidence that
364:26 upside. What a coincidence that structure point happens to be the weekly
364:28 structure point happens to be the weekly area of interest and also the daily area
364:30 area of interest and also the daily area of interest and also at that daily
364:32 of interest and also at that daily higher low. If I were to pick an area of
364:35 higher low. If I were to pick an area of interest, if I were to pick one over the
364:36 interest, if I were to pick one over the other, I would for sure pick this one
364:38 other, I would for sure pick this one just because it's more of a textbook
364:39 just because it's more of a textbook trade. When you see a textbook move, you
364:41 trade. When you see a textbook move, you see something like this. Comes back to
364:42 see something like this. Comes back to this structure point. Then it just
364:44 this structure point. Then it just continues to go up. If you ask me, that
364:46 continues to go up. If you ask me, that is exactly what this is right here. That
364:48 is exactly what this is right here. That is the previous structure point. That is
364:50 is the previous structure point. That is the break. And now we are on the way to
364:52 the break. And now we are on the way to retest that to potentially have this
364:53 retest that to potentially have this move to the upside. So that right there
364:55 move to the upside. So that right there is just basic market structure. I have
364:58 is just basic market structure. I have taught you guys what is top down
364:59 taught you guys what is top down analysis, how to use these time frames
365:02 analysis, how to use these time frames in sync to determine if something is
365:04 in sync to determine if something is bullish or bearish, and how to place a
365:07 bullish or bearish, and how to place a proper area of interest. All of this is
365:10 proper area of interest. All of this is quote unquote still very beginner stuff
365:12 quote unquote still very beginner stuff but also getting into a bit intermediate
365:15 but also getting into a bit intermediate just simply because
365:17 just simply because all you need now is just practice. Go
365:19 all you need now is just practice. Go out there and go practice this because
365:21 out there and go practice this because that is going to be the crucial part of
365:23 that is going to be the crucial part of you to actually perfect it and see it as
365:25 you to actually perfect it and see it as effectively and as quick as I do. But to
365:27 effectively and as quick as I do. But to this right here, what I am showing you
365:29 this right here, what I am showing you guys, this took me a year to understand,
365:32 guys, this took me a year to understand, a year to really like get it and like
365:35 a year to really like get it and like put it into practice. ICS took me such a
365:37 put it into practice. ICS took me such a long time and so many wasted hours of
365:40 long time and so many wasted hours of just placing market structure
365:41 just placing market structure incorrectly putting areas of interest in
365:44 incorrectly putting areas of interest in areas where it didn't even make sense.
365:46 areas where it didn't even make sense. Just so much wasted time which obviously
365:48 Just so much wasted time which obviously led to waste of money that you guys
365:49 led to waste of money that you guys can't even fathom. Like I'm making all
365:51 can't even fathom. Like I'm making all of this in one video. But I also don't
365:53 of this in one video. But I also don't want to overload you on information that
365:55 want to overload you on information that it's just me repeating myself and I want
365:57 it's just me repeating myself and I want to make sure that you get the point
365:58 to make sure that you get the point perfect and then you can go on and go
366:00 perfect and then you can go on and go practice it. Right? So right now that is
366:02 practice it. Right? So right now that is top down analysis. That is how it is. it
366:04 top down analysis. That is how it is. it has worked. We do a top down analysis
366:07 has worked. We do a top down analysis from the weekly to the daily to the 4
366:08 from the weekly to the daily to the 4 hour to determine if something is
366:10 hour to determine if something is bullish or if something is bearish. Once
366:12 bullish or if something is bearish. Once we determine that we have two
366:14 we determine that we have two consecutive time frames in sync how we
366:16 consecutive time frames in sync how we have here for the weekly time frame
366:18 have here for the weekly time frame where this would be the higher high and
366:20 where this would be the higher high and this would be the higher low. We then go
366:22 this would be the higher low. We then go ahead to the daily time frame. We
366:23 ahead to the daily time frame. We identify the higher high and then we
366:25 identify the higher high and then we identify the higher low. We then just do
366:27 identify the higher low. We then just do it on the 4 hour just to see if we have
366:29 it on the 4 hour just to see if we have that added time frame. Then we place our
366:31 that added time frame. Then we place our areas of interest within these higher
366:33 areas of interest within these higher highs and higher lows. And then we can
366:35 highs and higher lows. And then we can tell that we're only looking at this
366:37 tell that we're only looking at this right here in the market. And we're
366:38 right here in the market. And we're waiting for the market to come back,
366:40 waiting for the market to come back, retest this zone, apply the strategy
366:42 retest this zone, apply the strategy here. If we don't get it, then we wait
366:44 here. If we don't get it, then we wait for the strategy to get applied here.
366:46 for the strategy to get applied here. Now, once again, if the market for some
366:48 Now, once again, if the market for some reason somehow breaks below this area of
366:51 reason somehow breaks below this area of interest, could we then have a reaction
366:53 interest, could we then have a reaction from the middle of this area? Do we buy
366:56 from the middle of this area? Do we buy in the middle? No. Do we buy at the
366:58 in the middle? No. Do we buy at the bottom? No. We have to wait for the
367:00 bottom? No. We have to wait for the break of it, come back, retest it, and
367:02 break of it, come back, retest it, and then you have the trade to the upside.
367:05 then you have the trade to the upside. This right here would be the perfect
367:06 This right here would be the perfect trade setup. As long as we are above the
367:09 trade setup. As long as we are above the support level, we either take the trade
367:11 support level, we either take the trade fully at this area of interest or above
367:13 fully at this area of interest or above this area of interest or above this area
367:15 this area of interest or above this area of interest. There's no if ends or buts
367:18 of interest. There's no if ends or buts about that. You need to buy at a support
367:20 about that. You need to buy at a support and you need to sell at a resistance.
367:21 and you need to sell at a resistance. Now, for a sell, pretty much just the
367:24 Now, for a sell, pretty much just the complete opposite. You can literally
367:25 complete opposite. You can literally just flip the chart. You right click
367:27 just flip the chart. You right click this section in Trading View and then
367:29 this section in Trading View and then you click invert scale. And then it's
367:31 you click invert scale. And then it's pretty much the same exact thing. You
367:33 pretty much the same exact thing. You have the bearish move. You have to wait
367:34 have the bearish move. You have to wait for it to come back to retest this
367:36 for it to come back to retest this structure point to then sell. Or you
367:39 structure point to then sell. Or you would have to wait for price to then
367:40 would have to wait for price to then come back and then retest this structure
367:42 come back and then retest this structure point over here to then sell. Either one
367:45 point over here to then sell. Either one are equally as strong and each one of
367:47 are equally as strong and each one of them are equally as valid. You just have
367:49 them are equally as valid. You just have to wait for the strategy to be aligned
367:50 to wait for the strategy to be aligned at that point.
367:52 at that point. So with that being said, let's move on
367:54 So with that being said, let's move on to our next point which is going to be
367:56 to our next point which is going to be kind of handinhand with what we are
367:59 kind of handinhand with what we are talking about with right now and it's
368:00 talking about with right now and it's probably going to be one of the most
368:02 probably going to be one of the most common things you've heard if you've
368:04 common things you've heard if you've heard anything about trading and
368:06 heard anything about trading and probably one of the main things that I
368:07 probably one of the main things that I personally use on a daily basis and it's
368:10 personally use on a daily basis and it's going to go handinhand with everything
368:11 going to go handinhand with everything that we're talking about right here and
368:13 that we're talking about right here and that is going to be break of structure
368:18 that is going to be break of structure slash break and retest. test
368:23 slash break and retest. test slashtouch
368:27 slash shift of structure.
368:30 shift of structure. All of this right here
368:33 All of this right here is almost the same thing. This one right
368:36 is almost the same thing. This one right here is the only one that is different
368:38 here is the only one that is different to every single one of these. Break of
368:41 to every single one of these. Break of structure, chach, and shift of structure
368:44 structure, chach, and shift of structure are all the same [ __ ] So, let's start
368:46 are all the same [ __ ] So, let's start off with break of structure. Right? This
368:48 off with break of structure. Right? This market right here is clearly
368:51 market right here is clearly bullish, right? We know that already. We
368:53 bullish, right? We know that already. We know that this is the higher high and we
368:55 know that this is the higher high and we know that this is the higher low. Cool.
368:58 know that this is the higher low. Cool. What happens if this does this?
369:01 What happens if this does this? Well, [ __ ] [ __ ] We just broke the
369:06 Well, [ __ ] [ __ ] We just broke the structure. We broke the higher low. We
369:08 structure. We broke the higher low. We shifted the structure. We ch What the
369:11 shifted the structure. We ch What the [ __ ] is chach? I don't know. All these
369:12 [ __ ] is chach? I don't know. All these fugazi traders came up with this [ __ ]
369:14 fugazi traders came up with this [ __ ] Chach is equal to change of character.
369:21 Chach is equal to change of character. This is what chach means. Change of
369:23 This is what chach means. Change of character. Change of character. It they
369:26 character. Change of character. It they were identifying this that the character
369:28 were identifying this that the character or the what it identifies as was
369:32 or the what it identifies as was bullish. Now it has changed that
369:35 bullish. Now it has changed that identity to now bearish. Same [ __ ]
369:37 identity to now bearish. Same [ __ ] [ __ ] as shift of structure. Same [ __ ]
369:40 [ __ ] as shift of structure. Same [ __ ] [ __ ] as break of structure. That [ __ ]
369:42 [ __ ] as break of structure. That [ __ ] pisses me off how they put all these
369:44 pisses me off how they put all these different names to all these same exact
369:46 different names to all these same exact [ __ ] They just [ __ ] complicate
369:48 [ __ ] They just [ __ ] complicate everything. Change of character is when
369:50 everything. Change of character is when the market shifts. When you changes from
369:52 the market shifts. When you changes from bullish to bearish. Simple. Break of
369:55 bullish to bearish. Simple. Break of structure is when this was the previous
369:57 structure is when this was the previous structure and we break it. Shift of
369:59 structure and we break it. Shift of structure is when this structure shifts
370:01 structure is when this structure shifts from bullish to bearish. Easy. Change of
370:04 from bullish to bearish. Easy. Change of character is when you change identity
370:06 character is when you change identity from being bullish to then being
370:08 from being bullish to then being bearish. Simple. Now what is break and
370:12 bearish. Simple. Now what is break and you guys already know this I have pretty
370:14 you guys already know this I have pretty much have been doing this for the last
370:15 much have been doing this for the last two hours right doing shift to structure
370:17 two hours right doing shift to structure doing breaks of structure now what is a
370:19 doing breaks of structure now what is a break and retest now this one is uh
370:21 break and retest now this one is uh probably the the easiest one to explain
370:24 probably the the easiest one to explain so let's say price is currently being
370:26 so let's say price is currently being held up at a resistance level how we
370:29 held up at a resistance level how we were previously right or how we were
370:30 were previously right or how we were doing for these examples right so this
370:32 doing for these examples right so this right here is a valid level of
370:34 right here is a valid level of resistance so the resistance is clearly
370:37 resistance so the resistance is clearly trapped within this spot right here and
370:39 trapped within this spot right here and we know we cannot actually enter the
370:43 we know we cannot actually enter the trade at this resistance. What would we
370:45 trade at this resistance. What would we need for the market to do? We would need
370:47 need for the market to do? We would need for the market to break above this area
370:49 for the market to break above this area and come back into this area to then
370:51 and come back into this area to then actually buy. We need to buy above it.
370:53 actually buy. We need to buy above it. Well, this right here is called break
370:57 Well, this right here is called break and retest. And break and retest is
371:00 and retest. And break and retest is exactly what it says like the name of
371:03 exactly what it says like the name of it. It's a [ __ ] break and retest. It
371:05 it. It's a [ __ ] break and retest. It is extremely easy. It is extremely
371:07 is extremely easy. It is extremely self-explanatory. All you do is wait for
371:10 self-explanatory. All you do is wait for the break
371:12 the break and the retest for you to take the trade
371:14 and the retest for you to take the trade to the upside. That is it. It is really
371:17 to the upside. That is it. It is really that simple. Break and retest are very
371:20 that simple. Break and retest are very crucial for you to take. Whether it be
371:23 crucial for you to take. Whether it be on a area of interest, whether it be at
371:25 on a area of interest, whether it be at a resistance used as support, at a
371:27 a resistance used as support, at a support used as resistance. You can only
371:30 support used as resistance. You can only take the trade once you've had the break
371:34 take the trade once you've had the break and then the retest. I get thousands of
371:37 and then the retest. I get thousands of messages throughout the weeks of asking,
371:40 messages throughout the weeks of asking, "Hey, Alex, can I enter the trade at the
371:44 "Hey, Alex, can I enter the trade at the break at the high?" Yes, you could. You
371:47 break at the high?" Yes, you could. You could enter the trade at the break. Just
371:49 could enter the trade at the break. Just understand, you cannot add that as a
371:52 understand, you cannot add that as a break and retest confluence. And we're
371:54 break and retest confluence. And we're going to get into confluences later into
371:56 going to get into confluences later into this video, but you understand that it's
371:59 this video, but you understand that it's just a break. It's not a retest. A
372:01 just a break. It's not a retest. A retest is when something comes back, it
372:04 retest is when something comes back, it retests it. it uses it as support and
372:07 retests it. it uses it as support and then you can be interested in buying the
372:09 then you can be interested in buying the trade to the upside because that's where
372:11 trade to the upside because that's where you anticipate for this trade to
372:13 you anticipate for this trade to actually have the move to the upside.
372:15 actually have the move to the upside. Could you count something as a breakout
372:16 Could you count something as a breakout and add it as a confluence as a
372:18 and add it as a confluence as a breakout? Sure. But it's always a 50/50
372:22 breakout? Sure. But it's always a 50/50 chance if it's going to come back and
372:24 chance if it's going to come back and retest this point. Now, if it comes back
372:26 retest this point. Now, if it comes back and retests this point, it is once again
372:28 and retests this point, it is once again another 50/50 chance that it's going to
372:30 another 50/50 chance that it's going to actually have the reaction from it
372:32 actually have the reaction from it because it could have just done this
372:33 because it could have just done this right here. And this is a fake out. This
372:35 right here. And this is a fake out. This is a liquidity grab and then guess what?
372:37 is a liquidity grab and then guess what? It continued back into this area and
372:39 It continued back into this area and then price stays ranging in the zone or
372:42 then price stays ranging in the zone or just rejecting this resistance.
372:44 just rejecting this resistance. Personally myself, I
372:48 Personally myself, I rarely I'd say 30% of the time I get a
372:50 rarely I'd say 30% of the time I get a breakout. I enter at the breakout. Now,
372:53 breakout. I enter at the breakout. Now, the breakout, as you can tell, I'm doing
372:55 the breakout, as you can tell, I'm doing everything based off of market
372:57 everything based off of market structure. The breakout is based off of
372:59 structure. The breakout is based off of the candlestick of the market. It's not
373:02 the candlestick of the market. It's not based off of the wick. It's not based
373:04 based off of the wick. It's not based off of the the tail, the do. It's all
373:06 off of the the tail, the do. It's all based off of the actual body candlestick
373:09 based off of the actual body candlestick closing above this zone. So, this zone
373:12 closing above this zone. So, this zone is at these structure points. It's at
373:14 is at these structure points. It's at these bodies. And right now, we have a
373:16 these bodies. And right now, we have a body that has actually closed above this
373:19 body that has actually closed above this area. That right there is a confirmed
373:21 area. That right there is a confirmed break. Now I sometimes enter on that
373:24 break. Now I sometimes enter on that break. Just depends the momentum where I
373:26 break. Just depends the momentum where I am in the week as a trader as a whole.
373:28 am in the week as a trader as a whole. Where's my mindset? How much I'm
373:29 Where's my mindset? How much I'm risking? How many confluences I have?
373:32 risking? How many confluences I have? But the correct thing to do is to wait
373:34 But the correct thing to do is to wait for the retest. Now in the retest, you
373:37 for the retest. Now in the retest, you want to wait for the body to retest this
373:39 want to wait for the body to retest this area and then you get some wick
373:41 area and then you get some wick rejections. And those wick rejections is
373:44 rejections. And those wick rejections is one of your entry confirmations to enter
373:46 one of your entry confirmations to enter the trade. So can you enter the trade on
373:49 the trade. So can you enter the trade on the body closure above this area? Sure,
373:52 the body closure above this area? Sure, but you can only enter properly on the
373:55 but you can only enter properly on the retest and then you need proper body
373:57 retest and then you need proper body rejections on that retest. Perfect
374:00 rejections on that retest. Perfect example could literally be this right
374:02 example could literally be this right here. As you can tell, this is a very
374:04 here. As you can tell, this is a very valid level of resistance. As you can
374:07 valid level of resistance. As you can tell here, this is resistance,
374:08 tell here, this is resistance, resistance, resistance, very valid
374:11 resistance, resistance, very valid resistance and area of interest. As you
374:13 resistance and area of interest. As you can tell, this right here, these are all
374:16 can tell, this right here, these are all wicks. This is not market structure.
374:18 wicks. This is not market structure. This is all that price once upon a time
374:21 This is all that price once upon a time at one point was a full blue candle,
374:23 at one point was a full blue candle, full green candle, full strong candle up
374:26 full green candle, full strong candle up here. But guess what? It was never
374:29 here. But guess what? It was never strong enough and it always closed
374:30 strong enough and it always closed below. So that right there makes that a
374:33 below. So that right there makes that a non-confirmation of a break above that
374:36 non-confirmation of a break above that area. If we go look at this on the
374:38 area. If we go look at this on the actual market structure, which is based
374:40 actual market structure, which is based off of the line chart, as you can tell,
374:41 off of the line chart, as you can tell, market structure never broke above that.
374:43 market structure never broke above that. But the one time that it did break above
374:45 But the one time that it did break above that, guess what happened? Price came
374:47 that, guess what happened? Price came back and then we retested it. We body
374:50 back and then we retested it. We body candlestick closed above with this very
374:54 candlestick closed above with this very very strong candle. Then we got a retest
374:57 very strong candle. Then we got a retest and then we bought. Could you have
374:59 and then we bought. Could you have entered at the breakout? Yes. Would you
375:01 entered at the breakout? Yes. Would you have much been better off entering at
375:03 have much been better off entering at the retest? Yes. But these break and
375:06 the retest? Yes. But these break and retest examples are literally everywhere
375:08 retest examples are literally everywhere in the market. I can just simply go to
375:10 in the market. I can just simply go to the left and I can almost guarantee you
375:11 the left and I can almost guarantee you I can find another one of these in just
375:13 I can find another one of these in just a simple like in any possible scenario
375:16 a simple like in any possible scenario in any possible time frame you can find
375:18 in any possible time frame you can find these examples right here. Perfect
375:20 these examples right here. Perfect example could be this. This right here
375:22 example could be this. This right here is technically a resistance level.
375:23 is technically a resistance level. Resistance level has three touches. If
375:25 Resistance level has three touches. If we look at this on the actual market
375:27 we look at this on the actual market structure time frame you can see how
375:29 structure time frame you can see how this market structure has more than one
375:32 this market structure has more than one two and then three. We confirm it with
375:35 two and then three. We confirm it with the actual body candlesticks. And yes,
375:37 the actual body candlesticks. And yes, we notice here this never body
375:39 we notice here this never body candlestick closed above. Never body
375:41 candlestick closed above. Never body candlestick closed above. Never body
375:43 candlestick closed above. Never body candlestick closed above. And guess
375:44 candlestick closed above. And guess what? Body candlestick closed above.
375:47 what? Body candlestick closed above. Let's say in this scenario, we were
375:48 Let's say in this scenario, we were waiting for the retest. Guess what
375:50 waiting for the retest. Guess what happened? We never retested it. We
375:52 happened? We never retested it. We missed the trade. It is what it is. It
375:54 missed the trade. It is what it is. It happens. Sometimes I enter the trade at
375:56 happens. Sometimes I enter the trade at the breakout. Sometimes I enter the
375:58 the breakout. Sometimes I enter the trade on the retest. Perfect example
376:00 trade on the retest. Perfect example could be this right here. We have
376:01 could be this right here. We have resistance. Resistance, right? I could
376:03 resistance. Resistance, right? I could just move this resistance a bit more up.
376:06 just move this resistance a bit more up. And on this resistance right here, you
376:07 And on this resistance right here, you can tell we have resistance, resistance,
376:10 can tell we have resistance, resistance, resistance, resistance, body candlestick
376:13 resistance, resistance, body candlestick close above, retested right there with
376:15 close above, retested right there with that wick on the daily time frame. I
376:17 that wick on the daily time frame. I know if we go to the 4hour time frame,
376:18 know if we go to the 4hour time frame, it's a much cleaner retest. Beautiful
376:20 it's a much cleaner retest. Beautiful push to the upside. This happens in
376:23 push to the upside. This happens in sells equally as the amount of times
376:26 sells equally as the amount of times many times as well. It also has fake
376:28 many times as well. It also has fake outs and fake trades that actually never
376:31 outs and fake trades that actually never actually end up having the move. But
376:32 actually end up having the move. But there's other times where it also gets
376:34 there's other times where it also gets very much respected. But this right here
376:36 very much respected. But this right here of a break and retest is the most
376:39 of a break and retest is the most textbook example that I can possibly
376:41 textbook example that I can possibly give right here. This is a resistance
376:43 give right here. This is a resistance level and it's just one structure point.
376:46 level and it's just one structure point. Not as strong as if we were to have
376:47 Not as strong as if we were to have three, but as you can tell right here,
376:49 three, but as you can tell right here, we have broken this area. We retested
376:52 we have broken this area. We retested this area. Then we headed to the upside.
376:55 this area. Then we headed to the upside. Very, very simple. A break and retest is
376:58 Very, very simple. A break and retest is just whenever we break an area and then
377:00 just whenever we break an area and then we retest it and then we head to the
377:02 we retest it and then we head to the downside. Examples like these I can show
377:05 downside. Examples like these I can show you literally never ending. Perfect
377:07 you literally never ending. Perfect example is right here. This is a very
377:10 example is right here. This is a very strong resistance level. We broke this
377:12 strong resistance level. We broke this area and then we came back and then we
377:14 area and then we came back and then we retested. We sold off. Another example
377:17 retested. We sold off. Another example that we could have is for example right
377:20 that we could have is for example right here. This is an area where I actually
377:22 here. This is an area where I actually took this loss on this trade right here.
377:24 took this loss on this trade right here. this area right here. We actually had
377:26 this area right here. We actually had this support, this support. We got this
377:29 this support, this support. We got this break and then I waited for the retest
377:31 break and then I waited for the retest and I just jumped off on the retest and
377:33 and I just jumped off on the retest and guess what? I took the loss. It is what
377:35 guess what? I took the loss. It is what it is. It's okay. It happens. It's part
377:37 it is. It's okay. It happens. It's part of the process. As you can tell right
377:39 of the process. As you can tell right here, this is a very strong level of
377:41 here, this is a very strong level of resistance. And this right here was the
377:44 resistance. And this right here was the resistance structure, structure,
377:46 resistance structure, structure, structure, structure. We can go to the
377:48 structure, structure. We can go to the line chart to go ahead and confirm that.
377:50 line chart to go ahead and confirm that. And once we look at that here on the
377:52 And once we look at that here on the market structure chart, we can see that
377:55 market structure chart, we can see that this was creating structure points. I
377:57 this was creating structure points. I don't know why. There it is. So we have
377:59 don't know why. There it is. So we have one,
378:01 one, one, two, three, four, and five. Very
378:05 one, two, three, four, and five. Very clean and obvious area of interest. I
378:08 clean and obvious area of interest. I would not count that one because the
378:09 would not count that one because the candlestick isn't that clean. One, two,
378:11 candlestick isn't that clean. One, two, and three, and four, and five. We break
378:14 and three, and four, and five. We break this area. We retest it. We head to the
378:16 this area. We retest it. We head to the upside. Break and retest happens every
378:20 upside. Break and retest happens every single day on every single possible
378:23 single day on every single possible market that you could imagine. This is
378:24 market that you could imagine. This is probably one of the most textbook things
378:26 probably one of the most textbook things that happen in the market. And
378:28 that happen in the market. And personally, it's one of my favorite
378:30 personally, it's one of my favorite continuation patterns. So, a break and
378:32 continuation patterns. So, a break and retest is a continuation pattern that
378:36 retest is a continuation pattern that happens once you are looking to either
378:38 happens once you are looking to either go with the trend or get out of it. But
378:41 go with the trend or get out of it. But a break and retest is a trade
378:43 a break and retest is a trade continuation pattern because this is
378:44 continuation pattern because this is breaking out of this area and it's
378:47 breaking out of this area and it's continuing in that direction. This right
378:49 continuing in that direction. This right here, as you can tell, this was bullish
378:51 here, as you can tell, this was bullish in this example. It broke above, created
378:53 in this example. It broke above, created the new higher high. It retested it.
378:55 the new higher high. It retested it. Trade continuation pattern. Again, I can
378:57 Trade continuation pattern. Again, I can show many more examples of it reversing
378:59 show many more examples of it reversing and then just going in the complete
379:01 and then just going in the complete opposite direction. But break and retest
379:03 opposite direction. But break and retest is a trade continuation pattern with the
379:06 is a trade continuation pattern with the market that it's going to be break and
379:07 market that it's going to be break and retesting for. Now breakout works the
379:11 retesting for. Now breakout works the same exact way. So I call breakout the
379:13 same exact way. So I call breakout the little brother of break and retest. So
379:15 little brother of break and retest. So we have breakouts and that's the example
379:18 we have breakouts and that's the example that I was giving. Once we actually have
379:19 that I was giving. Once we actually have the breakout of the area, you can enter
379:21 the breakout of the area, you can enter the trade once it breaks out without the
379:23 the trade once it breaks out without the retest. I first like building the
379:25 retest. I first like building the foundation on break and retest because
379:27 foundation on break and retest because personally myself, I want to trade with
379:30 personally myself, I want to trade with as many possible confluences that I can
379:32 as many possible confluences that I can and having that extra retest is going to
379:34 and having that extra retest is going to be that extra confirmation. At no point
379:36 be that extra confirmation. At no point do I want to have overexposure in the
379:39 do I want to have overexposure in the markets just because I want to enter a
379:41 markets just because I want to enter a trade. I always want to be as less
379:43 trade. I always want to be as less exposed as I possibly can. So that's why
379:45 exposed as I possibly can. So that's why I always create the base off of the
379:47 I always create the base off of the retest. And if sometimes I get the
379:49 retest. And if sometimes I get the breakout, sure, I could decide if I want
379:50 breakout, sure, I could decide if I want to enter the trade at that time, but I'm
379:52 to enter the trade at that time, but I'm going to make sure that I have in my
379:53 going to make sure that I have in my mind that I need the retest in order for
379:55 mind that I need the retest in order for me to actually enter the trade. But
379:57 me to actually enter the trade. But break and retest is the exact same
379:59 break and retest is the exact same thing. You either enter at the breakout
380:00 thing. You either enter at the breakout once it breaks out with the body
380:02 once it breaks out with the body candlestick closing above or you can
380:04 candlestick closing above or you can then wait for the retest. Sometimes you
380:06 then wait for the retest. Sometimes you might miss out on some trades. Sometimes
380:08 might miss out on some trades. Sometimes you might avoid some losses. But break
380:10 you might avoid some losses. But break and retest. Breakout is the most
380:13 and retest. Breakout is the most textbook trade continuation pattern
380:15 textbook trade continuation pattern known to exist. So now at this point you
380:18 known to exist. So now at this point you understand the law, right? You
380:20 understand the law, right? You understand the different types of
380:21 understand the different types of markets that you could be trading. You
380:22 markets that you could be trading. You probably know how to understand top
380:24 probably know how to understand top analysis and see if something is bullish
380:26 analysis and see if something is bullish or bearish. you know on what sections of
380:28 or bearish. you know on what sections of the market to actually focus on because
380:30 the market to actually focus on because the market is huge. There could be a lot
380:32 the market is huge. There could be a lot of noise either at the top or the bottom
380:34 of noise either at the top or the bottom or at the middle or and you simply don't
380:36 or at the middle or and you simply don't know where to actually go and find the
380:38 know where to actually go and find the proper area for you to go ahead and
380:39 proper area for you to go ahead and execute the trade. So now you know the
380:41 execute the trade. So now you know the difference between actually finding the
380:42 difference between actually finding the top or the bottom of the market, knowing
380:44 top or the bottom of the market, knowing where the market is, and most
380:45 where the market is, and most importantly being able to place that
380:46 importantly being able to place that area of interest, and how an area of
380:48 area of interest, and how an area of interest could be combined with the
380:49 interest could be combined with the weekly and the daily, and that you only
380:51 weekly and the daily, and that you only need an area of interest on the weekly,
380:53 need an area of interest on the weekly, and you only need an area of interest on
380:55 and you only need an area of interest on the daily. You don't need an area of
380:57 the daily. You don't need an area of interest on the 4 hour, the 2 hour, and
380:58 interest on the 4 hour, the 2 hour, and the 1 hour, the 30 minute, or the
381:00 the 1 hour, the 30 minute, or the 15-minut. Those time frames, the area of
381:02 15-minut. Those time frames, the area of interest is simply not going to be as
381:04 interest is simply not going to be as respected. Can you apply the same
381:05 respected. Can you apply the same principle to it? Sure. But it's just
381:07 principle to it? Sure. But it's just going to be a lot more high risk, and
381:08 going to be a lot more high risk, and it's not going to make sense. I
381:10 it's not going to make sense. I personally myself I I think trading
381:12 personally myself I I think trading already is as a risk as it is because
381:14 already is as a risk as it is because the outcome is not guaranteed and I want
381:16 the outcome is not guaranteed and I want to minimize that risk as much as I
381:17 to minimize that risk as much as I possibly can by simply having the most
381:20 possibly can by simply having the most amount of confluences or reasons in my
381:22 amount of confluences or reasons in my favor and making sure that you're on the
381:24 favor and making sure that you're on the higher time frames is that so now that
381:27 higher time frames is that so now that you understand all of that you kind of
381:29 you understand all of that you kind of have to like read the more important
381:30 have to like read the more important candlesticks in front of the markets
381:32 candlesticks in front of the markets right because the candlestick the
381:33 right because the candlestick the markets are full of candlesticks all
381:35 markets are full of candlesticks all different types of candlesticks but
381:36 different types of candlesticks but there's certain candlesticks that stand
381:38 there's certain candlesticks that stand out and are key candlesticks in the
381:40 out and are key candlesticks in the chart. And these candlesticks that I'm
381:42 chart. And these candlesticks that I'm about to educate you on right now are
381:44 about to educate you on right now are basically the top performing
381:46 basically the top performing candlesticks in the market. And they
381:48 candlesticks in the market. And they happen everywhere in the chart. They
381:50 happen everywhere in the chart. They happen at the areas of interest. They
381:52 happen at the areas of interest. They happen in the middle of the chart where
381:53 happen in the middle of the chart where there's no area of interest. They happen
381:54 there's no area of interest. They happen literally. They happen everywhere.
381:56 literally. They happen everywhere. Anywhere that you can think of, it's
381:57 Anywhere that you can think of, it's going to happen. But where they have the
381:59 going to happen. But where they have the most impact is at those areas of
382:01 most impact is at those areas of interest and at key points in the
382:02 interest and at key points in the markets. Now, I'm going to teach you
382:04 markets. Now, I'm going to teach you these patterns right now just so you can
382:06 these patterns right now just so you can have them in the back of your mind and
382:08 have them in the back of your mind and then you can go look for them when you
382:09 then you can go look for them when you actually see the market. You're going to
382:11 actually see the market. You're going to see them randomly throughout the market.
382:12 see them randomly throughout the market. And I just say they have a 70% of the
382:14 And I just say they have a 70% of the time where they are actually respected.
382:16 time where they are actually respected. But once they're at a key point in the
382:19 But once they're at a key point in the middle of the chart where there's no
382:20 middle of the chart where there's no area of interest, where there's no
382:21 area of interest, where there's no respected point, they're not supposed to
382:22 respected point, they're not supposed to be rejected because there's just simply
382:24 be rejected because there's just simply no reason for them to actually respect
382:26 no reason for them to actually respect that. So, you got to make sure that you
382:28 that. So, you got to make sure that you read these candlesticks for what they
382:30 read these candlesticks for what they are and where they're supposed to be
382:32 are and where they're supposed to be because yes, you're going to get them in
382:34 because yes, you're going to get them in the middle of the chart, but doesn't
382:35 the middle of the chart, but doesn't mean that you just trade them because
382:36 mean that you just trade them because they happen in the middle of the chart.
382:37 they happen in the middle of the chart. Once again, they need to happen at a key
382:39 Once again, they need to happen at a key area of interest. So, let's break down
382:41 area of interest. So, let's break down these points. Right now, I'm going to be
382:43 these points. Right now, I'm going to be sharing with you these candlesticks that
382:44 sharing with you these candlesticks that these are the only candlesticks that you
382:46 these are the only candlesticks that you need to prioritize when it comes to
382:48 need to prioritize when it comes to analyzing the market. Is there other
382:50 analyzing the market. Is there other formations? Yes. I don't know any other
382:53 formations? Yes. I don't know any other formation that works anywhere near
382:54 formation that works anywhere near remotely as much as these. And I'm
382:56 remotely as much as these. And I'm actually going to be eliminating some of
382:58 actually going to be eliminating some of these just because they're a bit complex
382:59 these just because they're a bit complex and they're not as strong. It's only one
383:01 and they're not as strong. It's only one of them. And I'll be explaining why in
383:03 of them. And I'll be explaining why in just a second. Right. So, I'm going to
383:05 just a second. Right. So, I'm going to be showing you bullish candlestick
383:08 be showing you bullish candlestick patterns, which are going to be these
383:09 patterns, which are going to be these patterns right here. And then I'm going
383:11 patterns right here. And then I'm going to be showing you bearish candlestick
383:12 to be showing you bearish candlestick patterns. Whatever I show you on one
383:14 patterns. Whatever I show you on one side, it's pretty much the same thing,
383:15 side, it's pretty much the same thing, but just opposite on the other side.
383:17 but just opposite on the other side. Right? So, I want to I want you guys to
383:19 Right? So, I want to I want you guys to have a clear understanding of exactly
383:20 have a clear understanding of exactly how it works. Once again, so you have
383:23 how it works. Once again, so you have the open of the candlestick. So let's
383:24 the open of the candlestick. So let's say this is a bullish candle. So this is
383:26 say this is a bullish candle. So this is a bullish candlestick how it opened and
383:29 a bullish candlestick how it opened and then this is how it closed. This is the
383:32 then this is how it closed. This is the highest points in the candlestick which
383:34 highest points in the candlestick which is where the wick is. And then this is
383:35 is where the wick is. And then this is the lowest point where the candlestick
383:37 the lowest point where the candlestick was which is where the bottom of the
383:38 was which is where the bottom of the wick is. Same exact thing right here.
383:40 wick is. Same exact thing right here. You have the open of the markets. Then
383:43 You have the open of the markets. Then the market closed down here. But once
383:45 the market closed down here. But once upon a time it was a green candle
383:47 upon a time it was a green candle creating a wick up here. And once upon a
383:49 creating a wick up here. And once upon a time was a very strong red candle all
383:50 time was a very strong red candle all the way down here. But the market has
383:52 the way down here. But the market has closed at this point. So this right here
383:54 closed at this point. So this right here is how the wicks get formed. And I just
383:56 is how the wicks get formed. And I just want to give you guys a very detailed
383:58 want to give you guys a very detailed breakdown explanation. I know we've
383:59 breakdown explanation. I know we've talked about it already and I've shown
384:00 talked about it already and I've shown it to you, but I think a visual image
384:02 it to you, but I think a visual image like this is going to help. One of the
384:05 like this is going to help. One of the main reversal candlestick patterns is
384:08 main reversal candlestick patterns is going to be a dogee and a spinning top.
384:10 going to be a dogee and a spinning top. So a dogee is very obvious that there's
384:13 So a dogee is very obvious that there's a lot of indecision in the market. Both
384:15 a lot of indecision in the market. Both of these right here are indecision in
384:17 of these right here are indecision in the markets. But a full dogee is a much
384:20 the markets. But a full dogee is a much more clear indecision in the market. A
384:22 more clear indecision in the market. A dogee is when the market basically
384:24 dogee is when the market basically closes as a cross or closes as a plus
384:28 closes as a cross or closes as a plus sign, however you want to see it. But
384:29 sign, however you want to see it. But what matters is that there is no body in
384:33 what matters is that there is no body in this candlestick. So, as you can tell,
384:35 this candlestick. So, as you can tell, in this example right here, there's a
384:37 in this example right here, there's a green body and then there's a red body,
384:39 green body and then there's a red body, which leads you to understand that it
384:41 which leads you to understand that it closed a little bit more in one
384:43 closed a little bit more in one direction versus the other. Even if it's
384:45 direction versus the other. Even if it's something as small as that, there's a
384:47 something as small as that, there's a little bit more red, there's a bit more
384:49 little bit more red, there's a bit more strong sellers, or they close green,
384:50 strong sellers, or they close green, there's a bit more green, there's a bit
384:52 there's a bit more green, there's a bit more buyers. If it closes as a complete
384:54 more buyers. If it closes as a complete dogee like this, it's a that the market
384:57 dogee like this, it's a that the market is completely standill, right? The
384:58 is completely standill, right? The buyers and the sellers cannot make up
385:00 buyers and the sellers cannot make up who's stronger or who is weaker. and
385:02 who's stronger or who is weaker. and then it stayed with the body like this.
385:04 then it stayed with the body like this. This is a great point as an indecision,
385:06 This is a great point as an indecision, right? This is good for you to
385:08 right? This is good for you to anticipate a continuation move to in
385:10 anticipate a continuation move to in your direction or this is just so you
385:12 your direction or this is just so you have an idea how the market is moving.
385:15 have an idea how the market is moving. If I personally see the daily time frame
385:17 If I personally see the daily time frame that is having an indecision like this
385:19 that is having an indecision like this after it comes back to a strong area of
385:22 after it comes back to a strong area of interest, logically in my mind, I'm
385:24 interest, logically in my mind, I'm going to determine that as a slowdown in
385:27 going to determine that as a slowdown in price. If I see a dogee like this
385:29 price. If I see a dogee like this example right here, after I see a market
385:32 example right here, after I see a market that I've had a very strong push up and
385:35 that I've had a very strong push up and then on this push up, we are retesting
385:37 then on this push up, we are retesting this area of interest. Price is back at
385:39 this area of interest. Price is back at this area of interest. This is a very
385:41 this area of interest. This is a very wellrespected weekly and daily area of
385:43 wellrespected weekly and daily area of interest, for example, that they both
385:44 interest, for example, that they both overlap. And then at this area of
385:46 overlap. And then at this area of interest, I then get a dogee candlestick
385:49 interest, I then get a dogee candlestick that is leading me to understand that
385:51 that is leading me to understand that this pullback is potentially stopping.
385:54 this pullback is potentially stopping. And now the buyers that are at this
385:56 And now the buyers that are at this support level are going to hold price to
385:59 support level are going to hold price to the upside. That right there to me is a
386:01 the upside. That right there to me is a great indication that this market is now
386:03 great indication that this market is now slowing down and that the next
386:05 slowing down and that the next candlestick could potentially be an
386:07 candlestick could potentially be an engulfing rejecting this area. Now, if I
386:10 engulfing rejecting this area. Now, if I were to pick in between both of these,
386:12 were to pick in between both of these, if I were to pick in between a dogee or
386:14 if I were to pick in between a dogee or a spinning top, I would obviously much
386:16 a spinning top, I would obviously much rather have a bullish spinning top
386:18 rather have a bullish spinning top because then that just means that the
386:19 because then that just means that the buyers are a bit stronger than the
386:21 buyers are a bit stronger than the sellers. But having a dogee isn't a red
386:24 sellers. But having a dogee isn't a red flag either. It is equally as strong.
386:26 flag either. It is equally as strong. But just understanding that this just
386:28 But just understanding that this just means undecision in the market. And this
386:30 means undecision in the market. And this means that there's a bit more on either
386:32 means that there's a bit more on either side depending on which one the body
386:34 side depending on which one the body closes in. Nonetheless, this could be
386:37 closes in. Nonetheless, this could be used as a perfect reversal and showing
386:39 used as a perfect reversal and showing you that the market is ready to move in
386:41 you that the market is ready to move in the other direction. That means that the
386:43 the other direction. That means that the market has been battling to go to either
386:45 market has been battling to go to either side and it couldn't make up its mind
386:46 side and it couldn't make up its mind and it closed like this. Now remember
386:49 and it closed like this. Now remember key note for this. The higher the time
386:51 key note for this. The higher the time frame,
386:54 frame, the stronger the formation.
386:57 the stronger the formation. If you go down to the one minute time
386:59 If you go down to the one minute time frame, you're going to get these
387:00 frame, you're going to get these formations that form every single
387:03 formations that form every single minutes. If you're going to go to the to
387:04 minutes. If you're going to go to the to the 30 minute time frame, these
387:06 the 30 minute time frame, these formations happen every 30 minutes. Why?
387:09 formations happen every 30 minutes. Why? Because it just it it moves a lot more.
387:11 Because it just it it moves a lot more. It's a lot more volatile. The
387:13 It's a lot more volatile. The probability of it happening is a lot
387:14 probability of it happening is a lot easier. I like using these candlesticks
387:17 easier. I like using these candlesticks to have my entry or to determine if I'm
387:19 to have my entry or to determine if I'm going to enter a trade based off of
387:21 going to enter a trade based off of like, yes, the 30 minute, the one hour,
387:23 like, yes, the 30 minute, the one hour, the two hour. But where I like to use
387:25 the two hour. But where I like to use these indecision candles, and I'm going
387:26 these indecision candles, and I'm going to teach you how to use them later on,
387:28 to teach you how to use them later on, is on the higher time frame. Seeing a
387:30 is on the higher time frame. Seeing a daily dogee like this at an area of
387:32 daily dogee like this at an area of interest, having a full 24hour
387:35 interest, having a full 24hour candlestick battle up and down and close
387:37 candlestick battle up and down and close at an undecision candlestick like this,
387:39 at an undecision candlestick like this, that is amazing. Seeing a 4 hour
387:42 that is amazing. Seeing a 4 hour candlestick like this, it's also good
387:44 candlestick like this, it's also good because it's four hours. But then seeing
387:46 because it's four hours. But then seeing a one hour candlestick, it's okay. And
387:48 a one hour candlestick, it's okay. And then a 30 minute just loses less value.
387:51 then a 30 minute just loses less value. The longer it takes for this to be
387:52 The longer it takes for this to be created, the more respect I'm going to
387:54 created, the more respect I'm going to give to it. But this as a whole could be
387:58 give to it. But this as a whole could be used as a reversal and showing slowdown
388:01 used as a reversal and showing slowdown in the direction that I'm interested in
388:03 in the direction that I'm interested in taking the trade. This is just a very
388:05 taking the trade. This is just a very educational candlestick and it's
388:06 educational candlestick and it's something that I use on every single
388:09 something that I use on every single time frame just on the higher time frame
388:11 time frame just on the higher time frame obviously the more respected it's going
388:13 obviously the more respected it's going to be. Moving after that we then have
388:17 to be. Moving after that we then have the hammer and the inverted hammer. So
388:20 the hammer and the inverted hammer. So this is basically very similar to the
388:22 this is basically very similar to the spinning top but this is something that
388:24 spinning top but this is something that would happen once we have reached this
388:26 would happen once we have reached this support level and then we basically
388:28 support level and then we basically close with little to no wick on the
388:31 close with little to no wick on the upside. So this means that the momentum
388:34 upside. So this means that the momentum is extremely strong and the market
388:36 is extremely strong and the market opened up. Sellers brought this price
388:39 opened up. Sellers brought this price all the way down, but buyers were so
388:41 all the way down, but buyers were so strong that it brought it all the way up
388:42 strong that it brought it all the way up and actually had it close to the upside
388:45 and actually had it close to the upside with that momentum. So this was going to
388:48 with that momentum. So this was going to be a dogee where it was going to be a a
388:50 be a dogee where it was going to be a a full cross, but then the buyers were so
388:52 full cross, but then the buyers were so strong that actually made it end up
388:54 strong that actually made it end up closing to the upside. This right here
388:56 closing to the upside. This right here is an additional very strong and very
388:58 is an additional very strong and very powerful reversal pattern. I like to
389:00 powerful reversal pattern. I like to have this one as well as once you have
389:02 have this one as well as once you have approached a support level because then
389:04 approached a support level because then this is showing that we are obviously
389:05 this is showing that we are obviously rejecting it and then we have taken out
389:07 rejecting it and then we have taken out the lows. Next we have the inverted
389:10 the lows. Next we have the inverted hammer. So the inverted hammer is
389:11 hammer. So the inverted hammer is actually what is like what I like to
389:13 actually what is like what I like to call a wick fill. So that wick right
389:16 call a wick fill. So that wick right there because it's happening in the
389:18 there because it's happening in the favor of the direction that we are going
389:20 favor of the direction that we are going in is where the next candlestick could
389:22 in is where the next candlestick could anticipate to then fill that. We notice
389:25 anticipate to then fill that. We notice this next candlestick has filled that
389:27 this next candlestick has filled that perfectly. So if the do if the wick is
389:29 perfectly. So if the do if the wick is to the downside, it's a rejection. If
389:31 to the downside, it's a rejection. If the wick is to the upside, it's a fill.
389:34 the wick is to the upside, it's a fill. Only if we're at an area of interest.
389:36 Only if we're at an area of interest. Now, this could again work on the 1
389:38 Now, this could again work on the 1 hour, the 4 hour, the daily, the higher
389:40 hour, the 4 hour, the daily, the higher the time frame, the better. So if this
389:42 the time frame, the better. So if this right here, you get it, that's great.
389:44 right here, you get it, that's great. That's a rejection. Could the next
389:46 That's a rejection. Could the next candlestick from that be a bullish
389:48 candlestick from that be a bullish engulfing? Yes. If this is a wick like
389:51 engulfing? Yes. If this is a wick like this, could the next candlestick be a
389:52 this, could the next candlestick be a bullish engulfing? Yes. They're both
389:54 bullish engulfing? Yes. They're both equally as strong. I just personally
389:56 equally as strong. I just personally like the wick fill a bit more. Just
389:58 like the wick fill a bit more. Just really depends on the trade. But don't
390:00 really depends on the trade. But don't get me wrong, a strong wick or a strong
390:02 get me wrong, a strong wick or a strong hammer is a very strong rejection. Next
390:04 hammer is a very strong rejection. Next is a dogee is a dragonfly dogee. So this
390:08 is a dogee is a dragonfly dogee. So this is the [ __ ] that I'm talking about.
390:09 is the [ __ ] that I'm talking about. This is pretty much the same [ __ ] as
390:11 This is pretty much the same [ __ ] as this. They just decided to make the body
390:13 this. They just decided to make the body a little bit smaller. And at the end of
390:14 a little bit smaller. And at the end of the day, I'm going to call it a hammer
390:16 the day, I'm going to call it a hammer or a dogee. No matter what. You might
390:17 or a dogee. No matter what. You might see me call it dogee more than dragonfly
390:20 see me call it dogee more than dragonfly or a hammer. But this is the exact same
390:22 or a hammer. But this is the exact same thing. I don't want to waste your time
390:24 thing. I don't want to waste your time or get you distracted on having to
390:26 or get you distracted on having to remember the dragonfly dogee when it's
390:29 remember the dragonfly dogee when it's pretty much the same [ __ ] as the hammer.
390:31 pretty much the same [ __ ] as the hammer. It just has a smaller body, but it means
390:33 It just has a smaller body, but it means the exact same thing. One is not
390:35 the exact same thing. One is not stronger than the other. The one that is
390:38 stronger than the other. The one that is stronger than all of these is going to
390:39 stronger than all of these is going to be the actual bullish engulfing
390:42 be the actual bullish engulfing candlestick. So, this bullish engulfing
390:44 candlestick. So, this bullish engulfing candlestick is one of my favorite
390:46 candlestick is one of my favorite reversal patterns because this
390:48 reversal patterns because this candlestick is showing power. is showing
390:50 candlestick is showing power. is showing strength and is showing that we are
390:51 strength and is showing that we are literally going in the complete opposite
390:53 literally going in the complete opposite direction. It is showing that we are
390:55 direction. It is showing that we are literally engulfing the bears and we are
390:58 literally engulfing the bears and we are going with the buyers. This candlestick
391:00 going with the buyers. This candlestick needs to engulf the last candlestick and
391:02 needs to engulf the last candlestick and then the previous one minimum to be
391:04 then the previous one minimum to be considered as a bullish engulfing
391:06 considered as a bullish engulfing candlestick. That's how I personally
391:08 candlestick. That's how I personally consider the bullish engulfing
391:09 consider the bullish engulfing candlestick. Others like for it to just
391:11 candlestick. Others like for it to just be the previous small candle. I like for
391:13 be the previous small candle. I like for it to engulf a minimum of two candles
391:15 it to engulf a minimum of two candles just to show the strength of it because
391:17 just to show the strength of it because that is what's going to lead me to enter
391:19 that is what's going to lead me to enter the trade and have more confidence that
391:21 the trade and have more confidence that it's going to go in that direction. So
391:23 it's going to go in that direction. So if you have a bullish engulfing that
391:25 if you have a bullish engulfing that means you want to buy in that direction.
391:27 means you want to buy in that direction. And once again that would happen at a
391:29 And once again that would happen at a support level. If you have a dogee or if
391:31 support level. If you have a dogee or if you have a hammer or if you have a
391:34 you have a hammer or if you have a inverted hammer, whatever you want to
391:36 inverted hammer, whatever you want to call it. And then the candlestick after
391:38 call it. And then the candlestick after that is going to be a bullish engulfing
391:40 that is going to be a bullish engulfing candlestick engulfing the hammer and
391:41 candlestick engulfing the hammer and then the bearish candlestick that it was
391:43 then the bearish candlestick that it was right here. That right there is the
391:45 right here. That right there is the perfect formation in my opinion. And
391:47 perfect formation in my opinion. And that is also known as the morning star
391:51 that is also known as the morning star formation. This pierce line and I just
391:54 formation. This pierce line and I just jumped right through it. This is [ __ ]
391:55 jumped right through it. This is [ __ ] [ __ ] I don't even know what this
391:57 [ __ ] I don't even know what this is. This is just they made up this
391:58 is. This is just they made up this formation. In my opinion, it's not even
392:00 formation. In my opinion, it's not even real. They just try to like take value
392:03 real. They just try to like take value away from the bullish engulfing and
392:05 away from the bullish engulfing and validate something when it's not there.
392:07 validate something when it's not there. If it's not a bullish engulfing, it's
392:09 If it's not a bullish engulfing, it's not a pierce line. They try to make
392:12 not a pierce line. They try to make something out of nothing. No, if it's
392:14 something out of nothing. No, if it's not an engulfing, it's not strong
392:15 not an engulfing, it's not strong enough. I'm not taking the trade. I am
392:17 enough. I'm not taking the trade. I am good. And trust me, I tried to figure
392:19 good. And trust me, I tried to figure this [ __ ] out for way too long. And then
392:20 this [ __ ] out for way too long. And then later throughout my journey, I realized
392:22 later throughout my journey, I realized that I was just wasting my time. and it
392:24 that I was just wasting my time. and it makes more sense to just focus on one
392:26 makes more sense to just focus on one good candlestick formation and that's
392:29 good candlestick formation and that's it. My favorite and above all is going
392:32 it. My favorite and above all is going to be the morning star formation. The
392:35 to be the morning star formation. The morning star formation or the morning
392:37 morning star formation or the morning dogee star formation, but once again
392:40 dogee star formation, but once again it's the same [ __ ] They've pretty much
392:41 it's the same [ __ ] They've pretty much just added an additional verb to it is
392:46 just added an additional verb to it is going to be that this candlestick has
392:48 going to be that this candlestick has engulfed both of these candlesticks and
392:50 engulfed both of these candlesticks and it has that dogee that I was just
392:52 it has that dogee that I was just explaining. Either you have this bearish
392:53 explaining. Either you have this bearish candlestick right here and this one
392:55 candlestick right here and this one engulfs or if you have the shooting star
392:57 engulfs or if you have the shooting star to the downside, you have a bullish
392:59 to the downside, you have a bullish engulfing candlestick with the dogee.
393:01 engulfing candlestick with the dogee. That right there is a morning star
393:02 That right there is a morning star formation. This is my favorite end all
393:05 formation. This is my favorite end all be all candlestick formation because
393:08 be all candlestick formation because what it essentially does is it combines
393:11 what it essentially does is it combines the bullish engulfing and it adds it in
393:13 the bullish engulfing and it adds it in with the inverted hammer or the dogee.
393:17 with the inverted hammer or the dogee. And you you're putting the engulfing and
393:19 And you you're putting the engulfing and the dogee together. Now, obviously, if
393:22 the dogee together. Now, obviously, if this example right here
393:25 this example right here were to have a wick like that, even
393:28 were to have a wick like that, even better. But if it doesn't, it's fine.
393:30 better. But if it doesn't, it's fine. All that matters is that this
393:31 All that matters is that this candlestick has engulfed the last two
393:34 candlestick has engulfed the last two candles. And that is what makes it a
393:35 candles. And that is what makes it a morning star formation. Last but not
393:38 morning star formation. Last but not least, and definitely least is going to
393:40 least, and definitely least is going to be this right here, the three white
393:43 be this right here, the three white soldiers, and then the three black
393:45 soldiers, and then the three black crows. I I I don't know how it goes from
393:47 crows. I I I don't know how it goes from white soldiers to then black crows. I
393:50 white soldiers to then black crows. I don't even know how how this makes any
393:52 don't even know how how this makes any sense. This candlestick formation is not
393:53 sense. This candlestick formation is not even a real thing. If you ask me, it
393:56 even a real thing. If you ask me, it looks exactly the same as the three
393:58 looks exactly the same as the three cloud clover. This threecloud clover
394:00 cloud clover. This threecloud clover looks exactly the same as the three
394:02 looks exactly the same as the three black crows. Three black three red
394:05 black crows. Three black three red candlesticks, three red candlesticks.
394:06 candlesticks, three red candlesticks. Looks exactly the same to me. These
394:08 Looks exactly the same to me. These formations are total [ __ ] and
394:10 formations are total [ __ ] and they're simply a waste of time and
394:12 they're simply a waste of time and there's no need to even focus on them.
394:14 there's no need to even focus on them. it makes more sense to just focus on a
394:15 it makes more sense to just focus on a formation that actually makes sense like
394:17 formation that actually makes sense like the morning star formation, the bullish
394:20 the morning star formation, the bullish engulfing, and then the hammer. That is
394:22 engulfing, and then the hammer. That is all you need when it comes to these
394:24 all you need when it comes to these candlesticks. Now, for the bearish
394:26 candlesticks. Now, for the bearish examples, it's pretty much the exact
394:27 examples, it's pretty much the exact same thing, just the complete opposite.
394:29 same thing, just the complete opposite. The shooting star is going to be
394:31 The shooting star is going to be happening at a rejection as it's going
394:33 happening at a rejection as it's going to be happening at a resistance. So, if
394:35 to be happening at a resistance. So, if I just delete all this right here real
394:37 I just delete all this right here real quick, the shooting star, you want it to
394:39 quick, the shooting star, you want it to be at a resistance. So, let's say this
394:40 be at a resistance. So, let's say this market is trending to the downside and
394:43 market is trending to the downside and now we are retesting this resistance
394:45 now we are retesting this resistance level right here. This resistance you're
394:47 level right here. This resistance you're at this resistance level and then once
394:49 at this resistance level and then once again the camera battery has died. I
394:52 again the camera battery has died. I guess I'm definitely I've been doing
394:54 guess I'm definitely I've been doing this for a while now. I don't even know
394:55 this for a while now. I don't even know how much time I'm into this video. But I
394:58 how much time I'm into this video. But I will tell you this, I'm loving it. I am
395:00 will tell you this, I'm loving it. I am very committed to continue doing this
395:02 very committed to continue doing this right now. One second. And we're back
395:03 right now. One second. And we're back over here now with the other camera
395:05 over here now with the other camera angle. So over here on this bearish
395:07 angle. So over here on this bearish example, we have this market being a
395:10 example, we have this market being a bearish trending market and we are at
395:12 bearish trending market and we are at this resistance level where we're going
395:14 this resistance level where we're going to potentially be using it as
395:16 to potentially be using it as resistance. Now these market
395:17 resistance. Now these market indications, these market patterns are
395:19 indications, these market patterns are going to actually give us the indication
395:21 going to actually give us the indication that we're actually rejecting it. So
395:23 that we're actually rejecting it. So once again, price could come into this
395:25 once again, price could come into this resistance level and then give us a
395:26 resistance level and then give us a shooting star. Whether it be with a very
395:29 shooting star. Whether it be with a very small body, whether it have a small
395:32 small body, whether it have a small body, so it looks like a dogee. So it
395:34 body, so it looks like a dogee. So it looks like a hanging man or a shooting
395:36 looks like a hanging man or a shooting star. As long as we have some type of
395:38 star. As long as we have some type of rejection at this area of interest, it
395:40 rejection at this area of interest, it is considered in my opinion a dogee. So
395:43 is considered in my opinion a dogee. So this gravestone dogee, this formation
395:45 this gravestone dogee, this formation right here is the exact same thing as
395:48 right here is the exact same thing as the hanging man and the shooting star in
395:50 the hanging man and the shooting star in my opinion. Now, if you combine that
395:52 my opinion. Now, if you combine that with the bearish engulfing candlestick,
395:54 with the bearish engulfing candlestick, that is where you have the beautiful
395:56 that is where you have the beautiful formation, whether it's a dogee or a
395:58 formation, whether it's a dogee or a shooting star or a hammer, a however you
396:01 shooting star or a hammer, a however you want to call it. I just call them
396:02 want to call it. I just call them dogeis, honestly. It's just so much
396:04 dogeis, honestly. It's just so much [ __ ] easier. So then this bearish
396:06 [ __ ] easier. So then this bearish engulfing candlestick is what's going to
396:08 engulfing candlestick is what's going to give you that beautiful end all be all
396:11 give you that beautiful end all be all evening star formation. This is the most
396:13 evening star formation. This is the most beautiful formation, morning star and
396:16 beautiful formation, morning star and then evening star formation. And once
396:17 then evening star formation. And once again, this right here, they just
396:19 again, this right here, they just figured out a way to remix it and add
396:21 figured out a way to remix it and add the actual dogee into it, but it's all
396:23 the actual dogee into it, but it's all the exact same thing. As long as the
396:25 the exact same thing. As long as the candlestick engulfs the last two, you
396:27 candlestick engulfs the last two, you have a beautiful formation where you
396:29 have a beautiful formation where you have a combination of a shooting star
396:33 have a combination of a shooting star and an engulfing candlestick, which
396:35 and an engulfing candlestick, which makes the morning and evening star
396:36 makes the morning and evening star formation. Now, these candlesticks,
396:39 formation. Now, these candlesticks, you're literally going to see them
396:39 you're literally going to see them everywhere, right? We can come here into
396:41 everywhere, right? We can come here into the chart and then look at this for
396:42 the chart and then look at this for example right here. This right here is a
396:44 example right here. This right here is a bullish engulfing candlestick. This
396:47 bullish engulfing candlestick. This candlestick has engulfed this
396:48 candlestick has engulfed this candlestick. Guess what happened after?
396:50 candlestick. Guess what happened after? Continuation push. Here we have a pull
396:52 Continuation push. Here we have a pull back to the to the to this retracement
396:54 back to the to the to this retracement break and retest. What do we have here?
396:56 break and retest. What do we have here? A beautiful hammer, shooting star,
396:58 A beautiful hammer, shooting star, dogee, whatever the actual name was.
397:01 dogee, whatever the actual name was. It's that it's that type of candlestick.
397:03 It's that it's that type of candlestick. What's the candlestick you get after? A
397:05 What's the candlestick you get after? A beautiful bullish engulfing candlestick
397:07 beautiful bullish engulfing candlestick that eats the last two candlesticks.
397:10 that eats the last two candlesticks. This right here is my formation of a
397:13 This right here is my formation of a perfect morning star formation. This
397:15 perfect morning star formation. This right here is a beautiful formation
397:18 right here is a beautiful formation continuing to this area over here.
397:20 continuing to this area over here. Bullish pin bar rejection. Beautiful
397:22 Bullish pin bar rejection. Beautiful continuation push to the upside. What do
397:24 continuation push to the upside. What do we have here? A beautiful morning star
397:27 we have here? A beautiful morning star formation with these very very long
397:29 formation with these very very long dogee wicks showing this indication that
397:32 dogee wicks showing this indication that we are indeed rejection. Meaning once
397:34 we are indeed rejection. Meaning once upon a time we're fully red, we
397:35 upon a time we're fully red, we rejected. We were fully red, we rejected
397:38 rejected. We were fully red, we rejected and we closed bullish. Obviously look
397:40 and we closed bullish. Obviously look what happened after. So, as you can
397:43 what happened after. So, as you can tell, things were never going things are
397:44 tell, things were never going things are never going to come out exactly textbook
397:46 never going to come out exactly textbook how they are here in the picture, right?
397:48 how they are here in the picture, right? I wish. But I'm not here to sell you a
397:50 I wish. But I'm not here to sell you a fantasy. I'm not here to sell you a
397:52 fantasy. I'm not here to sell you a dream. I'm here to tell you [ __ ]
397:53 dream. I'm here to tell you [ __ ] straight up how it is. It's never going
397:55 straight up how it is. It's never going to be perfect, picture perfect, exactly
397:57 to be perfect, picture perfect, exactly like this. It's going to have the
397:58 like this. It's going to have the formation and then it's going to be a
398:00 formation and then it's going to be a little bit ugly. Kind of like when you
398:02 little bit ugly. Kind of like when you go on a date with a girl you meet on
398:03 go on a date with a girl you meet on Tinder. Like on the pictures, they all
398:05 Tinder. Like on the pictures, they all look great, but when you meet them in
398:07 look great, but when you meet them in person, it's all like,
398:09 person, it's all like, "Whatever, I'll do it. [ __ ] it. I'm
398:10 "Whatever, I'll do it. [ __ ] it. I'm already here kind of vibe, right? And it
398:13 already here kind of vibe, right? And it ends up being a great time. It's the
398:15 ends up being a great time. It's the exact same thing. This, for example,
398:17 exact same thing. This, for example, right here is a perfect dogee bullish
398:19 right here is a perfect dogee bullish engulfing candlestick break and retest
398:22 engulfing candlestick break and retest of this area of interest. You buy. You
398:24 of this area of interest. You buy. You see how now we're combining all of the
398:26 see how now we're combining all of the things at the exact same time. We have
398:28 things at the exact same time. We have this very strong trend, right? This is
398:31 this very strong trend, right? This is obviously being a bullish market. We
398:33 obviously being a bullish market. We have a break of this strong resistance.
398:36 have a break of this strong resistance. We have a retest. We have a morning star
398:38 We have a retest. We have a morning star formation with a dogee. That right
398:40 formation with a dogee. That right there, just right off the top of the
398:41 there, just right off the top of the bat, I just gave you five confluences on
398:43 bat, I just gave you five confluences on why you should take this trade. You have
398:45 why you should take this trade. You have two time frames in sync. You have area
398:47 two time frames in sync. You have area of interest. You have breaking retest
398:49 of interest. You have breaking retest and then you have a morning star
398:50 and then you have a morning star formation. Five confluences in 30
398:53 formation. Five confluences in 30 seconds on everything that I have just
398:54 seconds on everything that I have just taught you in this video could have
398:56 taught you in this video could have easily gotten you to enter this trade at
398:58 easily gotten you to enter this trade at this retest. Have a very simple
399:00 this retest. Have a very simple stop-loss and with a 1 to2
399:01 stop-loss and with a 1 to2 risk-to-reward, you could have made 118
399:04 risk-to-reward, you could have made 118 pips. You multiply whatever you were
399:06 pips. You multiply whatever you were going to risk times 118. This is easily
399:08 going to risk times 118. This is easily a5 to $10,000 trade. Just showing you
399:10 a5 to $10,000 trade. Just showing you guys how simple it is. And I'm just
399:12 guys how simple it is. And I'm just educating you guys on things that you
399:14 educating you guys on things that you are already seeing and I have been
399:15 are already seeing and I have been showing you, but you just didn't even
399:18 showing you, but you just didn't even know that they were there. It's almost
399:19 know that they were there. It's almost like playing where's Waldo, right? When
399:22 like playing where's Waldo, right? When you play Where's Waldo, which is this
399:24 you play Where's Waldo, which is this game right here,
399:27 game right here, you pretty much don't know where he is.
399:29 you pretty much don't know where he is. But as soon if as soon as I'm able to
399:31 But as soon if as soon as I'm able to point out where is Waldo, you're almost
399:34 point out where is Waldo, you're almost going to be like, "Wow, was he really
399:35 going to be like, "Wow, was he really there the whole entire time?" Like, I
399:37 there the whole entire time?" Like, I already found him. So, for example,
399:38 already found him. So, for example, let's say I spotted Waldo right here,
399:40 let's say I spotted Waldo right here, for example. And then once you spot him,
399:42 for example. And then once you spot him, I'm totally kidding. I did not spot him.
399:45 I'm totally kidding. I did not spot him. But if you do spot him right off the
399:46 But if you do spot him right off the bat, once you see him, you can't unsee
399:50 bat, once you see him, you can't unsee it. It's the exact same thing when it
399:52 it. It's the exact same thing when it comes to this training view and this
399:54 comes to this training view and this examples right here. Once you see these
399:56 examples right here. Once you see these examples, you can't unsee it. Perfect
400:00 examples, you can't unsee it. Perfect example of a morning star formation
400:02 example of a morning star formation being at an area that is not valid and
400:04 being at an area that is not valid and it not working. Obviously, if you notice
400:08 it not working. Obviously, if you notice right here, this is a beautiful dogee,
400:10 right here, this is a beautiful dogee, shooting star, whatever. And then we
400:12 shooting star, whatever. And then we have a beautiful morning star formation.
400:14 have a beautiful morning star formation. It's not an engulfing because it didn't
400:15 It's not an engulfing because it didn't engulf this last candlestick right here.
400:17 engulf this last candlestick right here. But where is this formation happening
400:19 But where is this formation happening into? It's happening into a resistance.
400:22 into? It's happening into a resistance. What happens after it happens into a
400:23 What happens after it happens into a resistance? Obviously, it's not going to
400:25 resistance? Obviously, it's not going to respect it and then it goes to the
400:26 respect it and then it goes to the downside. This is showing you the
400:28 downside. This is showing you the example that you can get these
400:29 example that you can get these formations anywhere in the charts, but
400:32 formations anywhere in the charts, but you need to get them at key areas that
400:34 you need to get them at key areas that they are going to be respected. If not,
400:36 they are going to be respected. If not, it's just simply going to be a complete
400:37 it's just simply going to be a complete waste. You get all of these types of
400:39 waste. You get all of these types of formations I'm talking about everywhere
400:41 formations I'm talking about everywhere in front of the markets at every given
400:43 in front of the markets at every given point. Perfect example is right here.
400:45 point. Perfect example is right here. Very small morning star formation. This
400:48 Very small morning star formation. This candlestick could have been bigger and
400:51 candlestick could have been bigger and maybe if it maybe it would have made a
400:52 maybe if it maybe it would have made a difference, but that right there to me
400:53 difference, but that right there to me is not a strong morning star formation.
400:56 is not a strong morning star formation. I like for that morning bullish
400:58 I like for that morning bullish candlestick to be strong. I want it to
401:00 candlestick to be strong. I want it to engulf. That right there is an
401:02 engulf. That right there is an indication that it's going to continue
401:03 indication that it's going to continue going in that direction. I want it to be
401:05 going in that direction. I want it to be in control. Perfect example is like this
401:08 in control. Perfect example is like this one right here. This right here is a
401:10 one right here. This right here is a beautiful morning star formation.
401:11 beautiful morning star formation. Bullish engulfing candlestick. It ate
401:14 Bullish engulfing candlestick. It ate the last two candles. Beautiful push to
401:16 the last two candles. Beautiful push to the upside. This right here is an
401:18 the upside. This right here is an evening star formation and then it did
401:21 evening star formation and then it did not really engulf this candlestick right
401:23 not really engulf this candlestick right here. So, we had a little bit of a push
401:25 here. So, we had a little bit of a push but then we continued going to the
401:27 but then we continued going to the upside. This right here is a very clean
401:30 upside. This right here is a very clean bearish engulfing candlestick and then
401:32 bearish engulfing candlestick and then we had a very strong push to the
401:34 we had a very strong push to the downside. Very clean evening star
401:35 downside. Very clean evening star formation right here as well. We're
401:37 formation right here as well. We're using this as a resistance point right
401:39 using this as a resistance point right here. And then guess what? Price has a
401:41 here. And then guess what? Price has a beautiful evening star formation.
401:44 beautiful evening star formation. Beautiful push to the downside down
401:46 Beautiful push to the downside down here. We have a morning star formation.
401:49 here. We have a morning star formation. This candlestick never really engulfed
401:51 This candlestick never really engulfed this one. So what happens? We break to
401:53 this one. So what happens? We break to the downside. This candlestick engulfs
401:55 the downside. This candlestick engulfs this candlestick. Beautiful push to the
401:57 this candlestick. Beautiful push to the upside. This right here is a beautiful
402:00 upside. This right here is a beautiful morning star formation. This right here
402:02 morning star formation. This right here is if I were to pick a formation that I
402:04 is if I were to pick a formation that I can have time over time over time again,
402:07 can have time over time over time again, it would literally be this one right
402:08 it would literally be this one right here. Beautiful morning star formation.
402:10 here. Beautiful morning star formation. This candlestick engulfves this candle
402:12 This candlestick engulfves this candle and this candle because this is the last
402:15 and this candle because this is the last candle. You want to make sure that it
402:16 candle. You want to make sure that it can engulf the body of that move, not
402:19 can engulf the body of that move, not the wick. You want to make sure it
402:20 the wick. You want to make sure it engulf the body. And if this body closes
402:23 engulf the body. And if this body closes above the body, that is a beautiful
402:25 above the body, that is a beautiful engulfing candlestick of the last two
402:27 engulfing candlestick of the last two candles and having a beautiful push to
402:29 candles and having a beautiful push to the upside. So, for example, this move
402:33 the upside. So, for example, this move right here actually had a beautiful
402:35 right here actually had a beautiful bearish engulfing candlestick. It
402:37 bearish engulfing candlestick. It engulfed below this body right here.
402:39 engulfed below this body right here. Simply did not have the move. There's
402:41 Simply did not have the move. There's times where that is going to happen as
402:43 times where that is going to happen as well. But I love when the candlesticks
402:45 well. But I love when the candlesticks actually engulf the last body. That to
402:47 actually engulf the last body. That to me is the most Picasso thing the market
402:50 me is the most Picasso thing the market can ever do. Look at these beautiful
402:52 can ever do. Look at these beautiful morning star formations backto back that
402:54 morning star formations backto back that just happened right here. This right
402:56 just happened right here. This right here. Like I would literally screenshot
402:58 here. Like I would literally screenshot this and frame it and put it on my wall.
403:00 this and frame it and put it on my wall. Beautiful morning star formation with a
403:03 Beautiful morning star formation with a very slight I'm talking about a hairline
403:07 very slight I'm talking about a hairline break above the last body. That right
403:10 break above the last body. That right there, believe it or not, is the
403:12 there, believe it or not, is the difference between an engulfing and not.
403:15 difference between an engulfing and not. And if you were to see this one as well,
403:16 And if you were to see this one as well, right here, this one as well has a
403:18 right here, this one as well has a beautiful morning star formation. And
403:20 beautiful morning star formation. And that candlestick has very clearly body
403:22 that candlestick has very clearly body candlestick closed above. And look at
403:24 candlestick closed above. And look at the beautiful continuation push that it
403:26 the beautiful continuation push that it has had to the upside right after that.
403:29 has had to the upside right after that. These formations are extremely powerful
403:31 These formations are extremely powerful and they're going to happen time and
403:33 and they're going to happen time and time and time and time and time and time
403:34 time and time and time and time and time and time again. Like for example, this
403:36 and time again. Like for example, this right here, this happened at a low of a
403:39 right here, this happened at a low of a market. This is a continuation pattern.
403:42 market. This is a continuation pattern. This is not supposed to happen at the
403:44 This is not supposed to happen at the bottom of a market. If we're identifying
403:46 bottom of a market. If we're identifying if this is bullish or bearish, clearly
403:48 if this is bullish or bearish, clearly this would have been the higher high.
403:50 this would have been the higher high. This would have been the higher low to a
403:53 This would have been the higher low to a certain point right over here. My
403:54 certain point right over here. My trading view sometimes glitches. So this
403:57 trading view sometimes glitches. So this would be the higher low. If we were to
403:58 would be the higher low. If we were to look at this based off of the market
404:00 look at this based off of the market structure, this market indeed would be
404:02 structure, this market indeed would be bearish, right? So this would be the
404:03 bearish, right? So this would be the lower low. And then this would be the
404:06 lower low. And then this would be the lower high. Let's see how clean that
404:07 lower high. Let's see how clean that looks on the candlestick chart. Arguably
404:10 looks on the candlestick chart. Arguably that can't be the lower high. So then
404:11 that can't be the lower high. So then let's say that would be the lower high.
404:13 let's say that would be the lower high. It's not a one clean one candlestick
404:15 It's not a one clean one candlestick pullback. So this is a bearish market. I
404:17 pullback. So this is a bearish market. I don't expect for a morning star
404:19 don't expect for a morning star formation to have a reaction on a
404:21 formation to have a reaction on a bearish market. This formation is
404:23 bearish market. This formation is supposed to happen on a continuation.
404:26 supposed to happen on a continuation. This is a continuation. If this was
404:28 This is a continuation. If this was bullish, this was at a support level, I
404:30 bullish, this was at a support level, I would expect for this beautiful pattern
404:32 would expect for this beautiful pattern to actually have a push. But obviously
404:34 to actually have a push. But obviously since it's happening in a bearish
404:35 since it's happening in a bearish market, it simply has no use compared
404:37 market, it simply has no use compared how it would if it were to be in a
404:39 how it would if it were to be in a bullish market. So that is the
404:41 bullish market. So that is the importance of learning how to use these
404:43 importance of learning how to use these formations at the right times because
404:45 formations at the right times because they're going to happen at all places in
404:47 they're going to happen at all places in the markets. They're going to happen
404:48 the markets. They're going to happen while the markets are going up or the
404:50 while the markets are going up or the markets are going down or the markets
404:51 markets are going down or the markets are going anywhere. But you need to make
404:53 are going anywhere. But you need to make sure that you're actually applying it in
404:55 sure that you're actually applying it in the proper timing of the market. You
404:58 the proper timing of the market. You need to apply the morning star when
405:00 need to apply the morning star when you're buying. You need to buy the
405:01 you're buying. You need to buy the evening star when you're when you're
405:03 evening star when you're when you're selling. It's very clean. Morning star
405:07 selling. It's very clean. Morning star when buying, evening star
405:15 when selling. Very simple, very self-explanatory. Everything's straight
405:17 self-explanatory. Everything's straight to the point. So, there is hundreds of
405:20 to the point. So, there is hundreds of other formations, right? There's other
405:22 other formations, right? There's other different types of candlestick
405:23 different types of candlestick confirmations. There's other different
405:24 confirmations. There's other different types of confluences for you to actually
405:27 types of confluences for you to actually use in your favor. But the most powerful
405:30 use in your favor. But the most powerful ones are simply going to be the shooting
405:33 ones are simply going to be the shooting stars and then the engulfing
405:34 stars and then the engulfing candlesticks. You use it in combination
405:36 candlesticks. You use it in combination with a strong support level or a strong
405:38 with a strong support level or a strong resistance and you already have a recipe
405:40 resistance and you already have a recipe to have more than a 50 to 55% odds in
405:43 to have more than a 50 to 55% odds in your favor of a trade going in a certain
405:45 your favor of a trade going in a certain direction compared to the other. All
405:47 direction compared to the other. All right, ladies and gentlemen, now we're
405:49 right, ladies and gentlemen, now we're going to move on to the next subjects.
405:51 going to move on to the next subjects. Right? So, up to this point, we've
405:53 Right? So, up to this point, we've talked about a lot. Now if at any point
405:56 talked about a lot. Now if at any point at like from this point going on forward
405:57 at like from this point going on forward you don't understand something you don't
405:59 you don't understand something you don't have clear the market structure you
406:01 have clear the market structure you don't have clear certain candlesticks
406:03 don't have clear certain candlesticks you don't have clear when it comes to
406:04 you don't have clear when it comes to the break and retest to the line charts
406:07 the break and retest to the line charts to the support and resistance areas of
406:09 to the support and resistance areas of interest if any of that stuff is not
406:11 interest if any of that stuff is not clear take a pause at this moment you
406:14 clear take a pause at this moment you are pretty deep into the video as it is
406:15 are pretty deep into the video as it is already and we have talked about a lot
406:17 already and we have talked about a lot of things that have taken me a very very
406:19 of things that have taken me a very very very long time to actually understand
406:22 very long time to actually understand and perfect. Now, I don't expect for you
406:24 and perfect. Now, I don't expect for you to perfect it right now. That will
406:25 to perfect it right now. That will pretty much be impossible because the
406:27 pretty much be impossible because the only thing that's going to perfect it is
406:29 only thing that's going to perfect it is repetition and time looking at in the
406:30 repetition and time looking at in the markets for yourself, setting up certain
406:32 markets for yourself, setting up certain examples, and just going over it over
406:34 examples, and just going over it over and over and over and again. I didn't
406:36 and over and over and again. I didn't perfect this until about four and a half
406:38 perfect this until about four and a half years in my journey simply because I
406:39 years in my journey simply because I wasted two years on just having a bunch
406:41 wasted two years on just having a bunch of misinformation and then it took me
406:43 of misinformation and then it took me about a year to actually really learn it
406:45 about a year to actually really learn it and perfect it simply because I was by
406:46 and perfect it simply because I was by myself. Obviously, if I was with a
406:48 myself. Obviously, if I was with a mentor, I was with somebody that would
406:49 mentor, I was with somebody that would teach me live every single day, kind of
406:51 teach me live every single day, kind of how I do every single day with my
406:52 how I do every single day with my students, that would have actually
406:53 students, that would have actually escalated and shortened my journey, it
406:56 escalated and shortened my journey, it would have excellated the amount of
406:58 would have excellated the amount of knowledge that I actually learn with
407:00 knowledge that I actually learn with stuff that matters and it would have
407:02 stuff that matters and it would have removed all the other [ __ ] So, I
407:04 removed all the other [ __ ] So, I wish I knew that earlier, but obviously,
407:06 wish I knew that earlier, but obviously, you know, that's why I'm doing this
407:07 you know, that's why I'm doing this video now for you guys. So once again,
407:08 video now for you guys. So once again, if at this point into the video there is
407:10 if at this point into the video there is something that is unclear, pause, go
407:12 something that is unclear, pause, go back, refresh your notes, watch it over
407:14 back, refresh your notes, watch it over because what we are going to be talking
407:16 because what we are going to be talking about now are going to be pretty
407:17 about now are going to be pretty advanced stuff and it's going to have
407:19 advanced stuff and it's going to have everything intertwin and everything
407:21 everything intertwin and everything connect together. Market structure is
407:22 connect together. Market structure is going to come together with patterns,
407:23 going to come together with patterns, patterns going to come together with
407:25 patterns going to come together with indicators. All of this is going to
407:26 indicators. All of this is going to start coming together. What is a
407:28 start coming together. What is a intercooler? And now we're going to put
407:30 intercooler? And now we're going to put all that together which is going to make
407:31 all that together which is going to make the engine work. So that's exactly what
407:33 the engine work. So that's exactly what we're going to get into. Now things are
407:35 we're going to get into. Now things are going to get very very very
407:38 going to get very very very uh how do I say it? Um
407:42 uh how do I say it? Um interesting from this point forward.
407:43 interesting from this point forward. Right? So all I can say is pay
407:44 Right? So all I can say is pay attention. Don't watch this video on two
407:46 attention. Don't watch this video on two speed. Watch it on one speed. Just make
407:48 speed. Watch it on one speed. Just make sure you're actually doing this
407:49 sure you're actually doing this effectively. Right? So the last topic
407:52 effectively. Right? So the last topic that we have talked about was break and
407:55 that we have talked about was break and retest. Right? Break and retest. We
407:57 retest. Right? Break and retest. We understood that's when something
407:58 understood that's when something literally has the break of an area. We
408:01 literally has the break of an area. We then retest it to continue going to the
408:03 then retest it to continue going to the upside. So that right there is going to
408:04 upside. So that right there is going to be a trend continuation pattern. That is
408:08 be a trend continuation pattern. That is my favorite trend continuation pattern
408:10 my favorite trend continuation pattern when it comes to the break and breakout
408:12 when it comes to the break and breakout retest. Breakout, break and retest are
408:14 retest. Breakout, break and retest are trend continuation patterns. Now there
408:16 trend continuation patterns. Now there is reversal patterns. So these patterns
408:20 is reversal patterns. So these patterns also let you know that the market is
408:22 also let you know that the market is going to go in the opposite direction.
408:25 going to go in the opposite direction. So a reversal means that something is
408:27 So a reversal means that something is going to go the other way. What is a
408:28 going to go the other way. What is a pattern? A pattern is something that has
408:30 pattern? A pattern is something that has happened in the past. So a reversal
408:32 happened in the past. So a reversal pattern is a pattern that's going to
408:33 pattern is a pattern that's going to tell you the market is going to shift.
408:35 tell you the market is going to shift. So the main and once again there is
408:38 So the main and once again there is hundreds of reversal patterns out there,
408:40 hundreds of reversal patterns out there, right? So I can go here into this
408:41 right? So I can go here into this pattern section and you know you're
408:43 pattern section and you know you're going to get the X A B C D Y pattern. I
408:46 going to get the X A B C D Y pattern. I don't even know how to place this [ __ ]
408:48 don't even know how to place this [ __ ] but yes, there you can get any endless
408:50 but yes, there you can get any endless amount of examples. You can get whatever
408:53 amount of examples. You can get whatever this is right here. And I would never
408:54 this is right here. And I would never know how to teach you this because I've
408:56 know how to teach you this because I've never used it. I can only teach you the
408:58 never used it. I can only teach you the one and only pattern you are going to
409:00 one and only pattern you are going to need and that is going to be the head
409:02 need and that is going to be the head and shoulders pattern. Now once again if
409:05 and shoulders pattern. Now once again if you have seen me anytime in the past
409:08 you have seen me anytime in the past trade, if you have seen any of my clips,
409:10 trade, if you have seen any of my clips, if you have seen me anywhere on social
409:11 if you have seen me anywhere on social media, you would know that I have made
409:14 media, you would know that I have made so much money off of this pattern right
409:17 so much money off of this pattern right here. This is my go-to pattern. Like
409:19 here. This is my go-to pattern. Like this is my [ __ ] right here. I use this
409:21 this is my [ __ ] right here. I use this every single day in the market. I wait
409:23 every single day in the market. I wait for this pattern to create. And it's not
409:25 for this pattern to create. And it's not so much about the actual pattern, it's
409:27 so much about the actual pattern, it's what this pattern actually means and how
409:30 what this pattern actually means and how it does it. And I'm going to make it
409:31 it does it. And I'm going to make it make sense in just a second. Right. So
409:34 make sense in just a second. Right. So my favorites and the only reversal
409:36 my favorites and the only reversal pattern that you're going to need is
409:38 pattern that you're going to need is going to be this head and shoulders
409:40 going to be this head and shoulders pattern. This is where you have a left.
409:42 pattern. This is where you have a left. This is where you have a head. And then
409:44 This is where you have a head. And then this is where you have a right shoulder.
409:46 this is where you have a right shoulder. So a regular head and shoulders pattern
409:48 So a regular head and shoulders pattern is a reversal for this market to
409:51 is a reversal for this market to continue now going to the downside. This
409:54 continue now going to the downside. This head and shoulders pattern gets formed
409:56 head and shoulders pattern gets formed and you guys should be writing this
409:57 and you guys should be writing this down. This gets formed at the high of a
410:00 down. This gets formed at the high of a market or at a resistance level, excuse
410:02 market or at a resistance level, excuse me. And then you have this reversal
410:04 me. And then you have this reversal pattern that then lets you know that the
410:06 pattern that then lets you know that the market is now going to start shifting to
410:08 market is now going to start shifting to the downside. At the bottom of a trend,
410:10 the downside. At the bottom of a trend, you will then get what is called a
410:12 you will then get what is called a inverted head and shoulders, which is
410:14 inverted head and shoulders, which is literally the complete opposite. But
410:16 literally the complete opposite. But this is now a reversal pattern to let
410:18 this is now a reversal pattern to let you know that this market is now going
410:20 you know that this market is now going to go to the upside. So there's a big
410:23 to go to the upside. So there's a big difference in between a reversal pattern
410:24 difference in between a reversal pattern and a trend continuation pattern.
410:26 and a trend continuation pattern. Reversal patterns literally mean the
410:28 Reversal patterns literally mean the market is going to shift the other way.
410:30 market is going to shift the other way. Trade continuation patterns like the
410:32 Trade continuation patterns like the break and retest are when market is
410:34 break and retest are when market is continuously going in that direction.
410:36 continuously going in that direction. These right here are constant break and
410:38 These right here are constant break and retest to the upside. These right here
410:40 retest to the upside. These right here are constant break and retest to the
410:41 are constant break and retest to the downside. These right here are constant
410:43 downside. These right here are constant breakouts. Break and retest to the
410:45 breakouts. Break and retest to the upside. This right here is a reversal
410:48 upside. This right here is a reversal pattern and it changes the trend of a
410:50 pattern and it changes the trend of a market. This right here is a reversal
410:51 market. This right here is a reversal pattern and it changes the trend of the
410:53 pattern and it changes the trend of the market. Now once again this reversal
410:56 market. Now once again this reversal pattern and like every other pattern,
410:58 pattern and like every other pattern, every other important point in the
411:00 every other important point in the market, this head and shoulders pattern
411:02 market, this head and shoulders pattern is done to call it head and shoulders is
411:06 is done to call it head and shoulders is done to the market structure. So what do
411:10 done to the market structure. So what do I mean by that? Well, that is done to
411:12 I mean by that? Well, that is done to the bodies of the candlestick. We are
411:14 the bodies of the candlestick. We are not including the wicks at no point when
411:16 not including the wicks at no point when identifying a head and shoulders. I'm
411:18 identifying a head and shoulders. I'm going to teach you guys how to put this
411:20 going to teach you guys how to put this up on the chart right now, but I want to
411:22 up on the chart right now, but I want to educate you guys on the head and
411:24 educate you guys on the head and shoulders first. And everything that
411:25 shoulders first. And everything that we're going to be doing is based off of
411:27 we're going to be doing is based off of market structure. So, this is what a
411:29 market structure. So, this is what a pretty head and shoulders looks like,
411:31 pretty head and shoulders looks like, but a real head and shoulders might look
411:34 but a real head and shoulders might look something like this, for example. Might
411:37 something like this, for example. Might be at a slant. You might get a head that
411:40 be at a slant. You might get a head that is a little bit smaller than the right
411:42 is a little bit smaller than the right shoulder. And then you will get
411:44 shoulder. And then you will get something like this. You can also get a
411:46 something like this. You can also get a head and shoulders pattern that can be
411:48 head and shoulders pattern that can be something like this. A big left
411:51 something like this. A big left shoulder, a big right shoulder, and a
411:52 shoulder, a big right shoulder, and a small right shoulder. Vice versa, you
411:55 small right shoulder. Vice versa, you can get a very small right shoulder and
411:57 can get a very small right shoulder and a very big right shoulder. You can get
411:59 a very big right shoulder. You can get the structure point to be up here. You
412:01 the structure point to be up here. You can get the slanted head and shoulders
412:03 can get the slanted head and shoulders this way. You can get the slanted head
412:05 this way. You can get the slanted head and shoulders like this. The head and
412:07 and shoulders like this. The head and shoulders is never going to be a
412:08 shoulders is never going to be a beautiful textbook head and shoulders
412:10 beautiful textbook head and shoulders pattern like this. Does it happen? Yes.
412:13 pattern like this. Does it happen? Yes. But I will never aim to always have a
412:15 But I will never aim to always have a perfect one. The head and shoulders
412:17 perfect one. The head and shoulders pattern is valid as long as it breaks
412:22 pattern is valid as long as it breaks the neckline. Now, what does that mean,
412:24 the neckline. Now, what does that mean, Alex? What do you mean breaking the
412:25 Alex? What do you mean breaking the neckline? Well, the head and shoulders
412:27 neckline? Well, the head and shoulders pattern. Yes, it is a head and shoulders
412:29 pattern. Yes, it is a head and shoulders pattern. But what is this right here?
412:32 pattern. But what is this right here? Right? Give me one second. What is this
412:36 Right? Give me one second. What is this right here? This right here was a higher
412:38 right here? This right here was a higher high. This right here was a higher low.
412:41 high. This right here was a higher low. What is this right here? That is a shift
412:44 What is this right here? That is a shift of structure. That is a change of
412:46 of structure. That is a change of character. That is a break of structure.
412:49 character. That is a break of structure. This is now bearish. Right? You got that
412:51 This is now bearish. Right? You got that right? Confirmed. Now, this right here,
412:53 right? Confirmed. Now, this right here, what is that right there? That is our
412:56 what is that right there? That is our potential right shoulder. So, without
412:59 potential right shoulder. So, without you guys even realizing, I have been
413:01 you guys even realizing, I have been showing you guys the head and shoulders
413:02 showing you guys the head and shoulders this whole entire time. Like, if you
413:04 this whole entire time. Like, if you guys go back into this recording, just
413:06 guys go back into this recording, just go back five minutes, for example. Just
413:08 go back five minutes, for example. Just click the arrow back. you guys are going
413:09 click the arrow back. you guys are going to see that I've been showing you the
413:10 to see that I've been showing you the head and shoulders this whole entire
413:12 head and shoulders this whole entire [ __ ] time is that I just never really
413:14 [ __ ] time is that I just never really exposed it to you. And now that I
413:16 exposed it to you. And now that I explain to you what it is, it's almost
413:17 explain to you what it is, it's almost like, oh my god, it's been right in
413:18 like, oh my god, it's been right in front of me the whole entire time. Just
413:20 front of me the whole entire time. Just haven't realized it. But there is a big
413:22 haven't realized it. But there is a big difference in between a valid head and
413:24 difference in between a valid head and shoulders and a invalid head and
413:26 shoulders and a invalid head and shoulders. Now, this right here is a
413:29 shoulders. Now, this right here is a valid head and shoulders because we have
413:32 valid head and shoulders because we have broken this neckline. Since we have
413:34 broken this neckline. Since we have broken this neckline, this is a valid
413:38 broken this neckline, this is a valid head and shoulders. Now, this right here
413:41 head and shoulders. Now, this right here is not a valid head and shoulders. We
413:45 is not a valid head and shoulders. We all know this, right? We know that this
413:47 all know this, right? We know that this right now is a higher low and that this
413:49 right now is a higher low and that this is a higher high. We have gone through
413:51 is a higher high. We have gone through this 100 times already. This is a higher
413:54 this 100 times already. This is a higher high. This is a higher low. And we know
413:57 high. This is a higher low. And we know since we have not broken below this, we
413:59 since we have not broken below this, we are still bullish. This market is still
414:01 are still bullish. This market is still very much bullish. That is the higher
414:03 very much bullish. That is the higher low. That is the higher high a reversal
414:06 low. That is the higher high a reversal pattern which is exactly what the head
414:09 pattern which is exactly what the head and shoulders is. It needs to be a
414:11 and shoulders is. It needs to be a reversal pattern. Now what is the best
414:13 reversal pattern. Now what is the best indication to let us know that this is a
414:15 indication to let us know that this is a reversal pattern? That we have shifted
414:16 reversal pattern? That we have shifted the structure. That means that this
414:18 the structure. That means that this market is now changing from bullish to
414:20 market is now changing from bullish to bearish. It is shifting. It is breaking
414:22 bearish. It is shifting. It is breaking the structure. So there's two ways that
414:25 the structure. So there's two ways that the head and shoulders could be valid.
414:27 the head and shoulders could be valid. The head and shoulders could be valid
414:29 The head and shoulders could be valid either if the head breaks the neckline
414:33 either if the head breaks the neckline making this the lower low and then we
414:36 making this the lower low and then we have a potential lower high for a new
414:38 have a potential lower high for a new lower low. So this would be a proper
414:41 lower low. So this would be a proper head and shoulders shift because of this
414:44 head and shoulders shift because of this point right here. So you can take the
414:46 point right here. So you can take the trade either at the right shoulder or at
414:49 trade either at the right shoulder or at the break and retest of the neckline of
414:52 the break and retest of the neckline of the head and shoulders. So the the way
414:54 the head and shoulders. So the the way that the head and shoulders works is you
414:56 that the head and shoulders works is you can either sell at the right shoulder or
414:59 can either sell at the right shoulder or sell at the break and retest. Selling at
415:02 sell at the break and retest. Selling at the right shoulder is extremely high
415:04 the right shoulder is extremely high risk. I don't recommend it unless you
415:05 risk. I don't recommend it unless you are an experienced trader. Selling at
415:07 are an experienced trader. Selling at the break and retest of the head and
415:09 the break and retest of the head and shoulders is where it is the proper
415:11 shoulders is where it is the proper reversal trade confirmation because you
415:13 reversal trade confirmation because you have the confirmed shift of structure.
415:15 have the confirmed shift of structure. The market has officially shifted
415:17 The market has officially shifted bearish. Right? So if you have this
415:20 bearish. Right? So if you have this shift right here, making this the lower
415:22 shift right here, making this the lower low, technically this could come back
415:25 low, technically this could come back here, create the lower high, then this
415:27 here, create the lower high, then this is an area of interest up here, right?
415:28 is an area of interest up here, right? Let's just pretend like this has three
415:30 Let's just pretend like this has three touches over here. Yes, you can sell at
415:32 touches over here. Yes, you can sell at this area of interest. This could be a
415:34 this area of interest. This could be a sell. This could be your right shoulder.
415:36 sell. This could be your right shoulder. And yes, you can sell at this point
415:37 And yes, you can sell at this point right here. But the proper trade is to
415:39 right here. But the proper trade is to sell at the retest of the neckline. Now,
415:42 sell at the retest of the neckline. Now, the neckline is not going to be diagonal
415:45 the neckline is not going to be diagonal because of this tool. So if you place
415:46 because of this tool. So if you place this tool to these structure points,
415:48 this tool to these structure points, technically it's going to come out
415:50 technically it's going to come out diagonal. Now the neckline is going to
415:52 diagonal. Now the neckline is going to be based off of the previous structure
415:54 be based off of the previous structure points which is basically where the
415:56 points which is basically where the higher low and the shift has been
415:58 higher low and the shift has been created which would be right here. This
416:00 created which would be right here. This is the neckline. The neckline is not
416:02 is the neckline. The neckline is not going to be this imaginary line that is
416:04 going to be this imaginary line that is gets drawn depending where the structure
416:06 gets drawn depending where the structure is. That's not how the neckline works.
416:07 is. That's not how the neckline works. The neckline is right here. It's always
416:09 The neckline is right here. It's always going to be at an area of interest as
416:11 going to be at an area of interest as well. So the neckline of the head and
416:12 well. So the neckline of the head and shoulders is going to be the retest of
416:16 shoulders is going to be the retest of an area of interest. So now that you
416:18 an area of interest. So now that you have multiple confluences at the same
416:20 have multiple confluences at the same time, you have a shift of structure, you
416:22 time, you have a shift of structure, you have a reversal pattern, you are
416:23 have a reversal pattern, you are breaking and retesting the neckline of
416:25 breaking and retesting the neckline of the head and shoulders. And that also
416:26 the head and shoulders. And that also happens to be an area of interest.
416:28 happens to be an area of interest. You're seeing how everything is just
416:30 You're seeing how everything is just kind of coming along together, right? So
416:32 kind of coming along together, right? So one of the ways that you can execute the
416:34 one of the ways that you can execute the head and shoulders is if it indeed
416:37 head and shoulders is if it indeed breaks this higher low and then we can
416:39 breaks this higher low and then we can sell at the right shoulder. if we're at
416:41 sell at the right shoulder. if we're at an area of interest or we can sell at
416:43 an area of interest or we can sell at the retest of the neckline. That is the
416:45 the retest of the neckline. That is the one way the head and shoulders will be
416:48 one way the head and shoulders will be valid. The head and shoulders will only
416:50 valid. The head and shoulders will only be valid. And you guys should be writing
416:52 be valid. And you guys should be writing this down. The head and shoulders will
416:54 this down. The head and shoulders will only be valid once we break the
416:57 only be valid once we break the neckline. If we have not broken the
417:00 neckline. If we have not broken the neckline, we cannot count it as a head
417:03 neckline, we cannot count it as a head and shoulders cuz it's not a confirmed
417:05 and shoulders cuz it's not a confirmed head and shoulders. This can basically
417:06 head and shoulders. This can basically come up into right here even though that
417:08 come up into right here even though that it's bearish, right? Because this right
417:10 it's bearish, right? Because this right here would be the lower low. And then
417:13 here would be the lower low. And then this over here would now be the lower
417:16 this over here would now be the lower high. And guess what? This can literally
417:19 high. And guess what? This can literally create an equal move and then have a
417:21 create an equal move and then have a move to the upside. And then now we are
417:23 move to the upside. And then now we are bullish and we shifted above this. We
417:25 bullish and we shifted above this. We cannot confirm that this is a head and
417:28 cannot confirm that this is a head and shoulders until we have not broken the
417:31 shoulders until we have not broken the neckline. The neckline is the most
417:33 neckline. The neckline is the most important move for us to consider the
417:35 important move for us to consider the valid head and shoulders. Can you take
417:37 valid head and shoulders. Can you take it at the right shoulder? Yes. It's an
417:39 it at the right shoulder? Yes. It's an extremely high risk and that is up to
417:41 extremely high risk and that is up to you depending on what you want to do.
417:43 you depending on what you want to do. But the proper trade is at the break of
417:45 But the proper trade is at the break of the neckline. Right? So this is the
417:46 the neckline. Right? So this is the first example and this would make this
417:48 first example and this would make this head and shoulders very strong because
417:50 head and shoulders very strong because it shifted structure once and then it's
417:52 it shifted structure once and then it's going to shift it structure pretty much
417:53 going to shift it structure pretty much for a second time over here because then
417:55 for a second time over here because then this will turn into the lower low and
417:57 this will turn into the lower low and then this would turn into the lower
417:58 then this would turn into the lower high, right? Or that's scenario one,
418:01 high, right? Or that's scenario one, meaning that the head breaks this higher
418:04 meaning that the head breaks this higher low so it sets up the perfect right
418:06 low so it sets up the perfect right shoulder. Or the second way that you
418:08 shoulder. Or the second way that you could do it is if the market is like
418:10 could do it is if the market is like this. We are still very much bullish.
418:13 this. We are still very much bullish. This is the left. This is the head. This
418:15 This is the left. This is the head. This right now instead of it cuz if you were
418:18 right now instead of it cuz if you were to look at this market like this, at no
418:20 to look at this market like this, at no point in your life are you going to be
418:21 point in your life are you going to be like, "Yeah, yeah, yeah, yeah. That's
418:23 like, "Yeah, yeah, yeah, yeah. That's going to be a right shoulder." No, you
418:24 going to be a right shoulder." No, you you anticipate for this to have a move
418:26 you anticipate for this to have a move like this. This market structure is
418:27 like this. This market structure is bullish. You don't expect for this to do
418:29 bullish. You don't expect for this to do this. This is bullish. You expect for
418:31 this. This is bullish. You expect for this to continue going to the upside.
418:32 this to continue going to the upside. But for this example, let's say it's
418:34 But for this example, let's say it's doing something like this. Now, you can
418:36 doing something like this. Now, you can look at this market and be like, damn,
418:37 look at this market and be like, damn, that is setting up a perfect head and
418:40 that is setting up a perfect head and shoulders. Let me take the trade now.
418:42 shoulders. Let me take the trade now. Well, you taking the trade now. One,
418:44 Well, you taking the trade now. One, you're not selling at an area of
418:45 you're not selling at an area of interest. Two, you're selling on a
418:47 interest. Two, you're selling on a bullish market because this is the
418:49 bullish market because this is the higher high, and then this would be the
418:50 higher high, and then this would be the higher low. So, you're already doing two
418:52 higher low. So, you're already doing two things that simply just don't make any
418:54 things that simply just don't make any sense. Go find me enough reasons for you
418:56 sense. Go find me enough reasons for you to sell this trade. None. You're trading
418:58 to sell this trade. None. You're trading against the trends. You're already
418:59 against the trends. You're already making a mistake. people try and jump
419:00 making a mistake. people try and jump the gun and trade based off of a
419:03 the gun and trade based off of a potential head and shoulders. That's not
419:05 potential head and shoulders. That's not a confirmation. A confirmation is when
419:06 a confirmation. A confirmation is when it actually has the break. So, this
419:08 it actually has the break. So, this right here would just be the potential
419:11 right here would just be the potential right shoulder. And this would be a
419:14 right shoulder. And this would be a confirmed head and shoulders once again
419:16 confirmed head and shoulders once again once we have broken the higher low. Now,
419:19 once we have broken the higher low. Now, once we have broken the higher low, all
419:21 once we have broken the higher low, all we simply have to do is let price come
419:24 we simply have to do is let price come back into this area, retest this
419:26 back into this area, retest this neckline, and then we will sell. So, if
419:28 neckline, and then we will sell. So, if this has broken this area, guess what?
419:31 this has broken this area, guess what? That means that this is now the lower
419:33 That means that this is now the lower low and this over here is the lower
419:35 low and this over here is the lower high. If this is the lower high and this
419:38 high. If this is the lower high and this is the lower low, what did I just teach
419:40 is the lower low, what did I just teach you guys? I taught you guys that you're
419:41 you guys? I taught you guys that you're going to find an area of interest in
419:43 going to find an area of interest in between this lower high and lower low.
419:45 between this lower high and lower low. Start working your way up and boom, what
419:47 Start working your way up and boom, what do you happen to find right here? This
419:49 do you happen to find right here? This right here is an area of interest with
419:51 right here is an area of interest with three touches. And what a coincidence,
419:53 three touches. And what a coincidence, it is also the neckline of the left, the
419:57 it is also the neckline of the left, the head, and the right shoulder. That right
420:00 head, and the right shoulder. That right there is how you're piecing together
420:02 there is how you're piecing together market structure, how you're piecing
420:04 market structure, how you're piecing together area of interest, how you're
420:06 together area of interest, how you're piecing together trend and a reversal
420:09 piecing together trend and a reversal pattern. Everything is just coming
420:10 pattern. Everything is just coming together, right? And this is just one of
420:12 together, right? And this is just one of the things that I'm going to be teaching
420:13 the things that I'm going to be teaching you right now. So once again, if there's
420:14 you right now. So once again, if there's something that you don't have clear,
420:16 something that you don't have clear, just take a pause, go back, double check
420:18 just take a pause, go back, double check it, and then come back to this point
420:19 it, and then come back to this point right here. And if you're not
420:21 right here. And if you're not subscribed, hit the [ __ ] subscribe
420:22 subscribed, hit the [ __ ] subscribe button. Right. So, let's continue to go
420:24 button. Right. So, let's continue to go on with the head and shoulders pattern.
420:26 on with the head and shoulders pattern. Right now, for a bearish example, it's
420:30 Right now, for a bearish example, it's basically the exact same thing. This
420:32 basically the exact same thing. This market right here was creating this
420:34 market right here was creating this lower low. And then this over here was
420:37 lower low. And then this over here was creating this lower high, right? This
420:40 creating this lower high, right? This market structure, let's just pretend
420:41 market structure, let's just pretend like this market is like this. This
420:43 like this market is like this. This right here is the lower high. this right
420:45 right here is the lower high. this right here on this lower high and this lower
420:48 here on this lower high and this lower low. What do we expect to happen here?
420:49 low. What do we expect to happen here? We expect from this move right here to
420:51 We expect from this move right here to it continue to go to the downside. At no
420:53 it continue to go to the downside. At no point do we expect for this to come over
420:55 point do we expect for this to come over here and then retest this and then
420:57 here and then retest this and then actually have a reversal to the upside.
420:59 actually have a reversal to the upside. This right here, if you would see this,
421:01 This right here, if you would see this, you would still very much count it
421:03 you would still very much count it bearish. Now, some people are better
421:06 bearish. Now, some people are better buyers than sellers. Some people are
421:09 buyers than sellers. Some people are better sellers than buyers. It just it's
421:11 better sellers than buyers. It just it's entirely up to you. Once again, if you
421:13 entirely up to you. Once again, if you don't have a clear indication on how to
421:14 don't have a clear indication on how to do that, you can just flip the chart.
421:15 do that, you can just flip the chart. But the principle applies exactly the
421:17 But the principle applies exactly the same. Nothing will change if it's
421:18 same. Nothing will change if it's bullish or if it's bearish. It's
421:20 bullish or if it's bearish. It's literally the exact same thing, right?
421:22 literally the exact same thing, right? So this right here, we understand that
421:24 So this right here, we understand that this market is indeed bearish. Lower
421:27 this market is indeed bearish. Lower high, lower low. We haven't broken
421:29 high, lower low. We haven't broken above. Nothing changes. Now, if this
421:31 above. Nothing changes. Now, if this does this now, guess what? We have the
421:33 does this now, guess what? We have the confirmed break of this lower high,
421:36 confirmed break of this lower high, making this the higher high. And if this
421:39 making this the higher high. And if this is the higher high, we get the head of
421:41 is the higher high, we get the head of the snake. The first turn, that is going
421:43 the snake. The first turn, that is going to be the higher low. So then this turns
421:46 to be the higher low. So then this turns into the higher low. That turns into the
421:49 into the higher low. That turns into the higher low. We could only find an area
421:51 higher low. We could only find an area of interest inside of this higher high
421:53 of interest inside of this higher high and higher low. And what a coincidence
421:55 and higher low. And what a coincidence that it is literally at the neckline of
421:58 that it is literally at the neckline of this left head and right shoulder. So
422:01 this left head and right shoulder. So you simply draw your head and shoulders.
422:02 you simply draw your head and shoulders. Obviously, it's the exact same example.
422:04 Obviously, it's the exact same example. before I just flip the chart. But that's
422:05 before I just flip the chart. But that's really how easy you can tell the
422:07 really how easy you can tell the difference in between one or the other.
422:08 difference in between one or the other. So in the chart is going to be exactly
422:10 So in the chart is going to be exactly the same exactly just like this, right?
422:12 the same exactly just like this, right? So this right here is the lower low and
422:13 So this right here is the lower low and then this over here is going to be the
422:16 then this over here is going to be the lower high. So us as traders, we do not
422:19 lower high. So us as traders, we do not enter the trade on the breakout of the
422:22 enter the trade on the breakout of the neckline. We have to wait for price to
422:24 neckline. We have to wait for price to come back into this area and then
422:27 come back into this area and then retest. And then once it retests, then
422:29 retest. And then once it retests, then you look for those candlestick
422:30 you look for those candlestick formations here. Since you're looking to
422:32 formations here. Since you're looking to sell, you look for a bearish shooting
422:34 sell, you look for a bearish shooting star and then a bearish engulfing
422:35 star and then a bearish engulfing candlestick to then continue pushing
422:37 candlestick to then continue pushing this trade to the downside. That's
422:38 this trade to the downside. That's pretty much it. That is exactly how the
422:40 pretty much it. That is exactly how the head and shoulders works. I can
422:42 head and shoulders works. I can literally show you I'm talking about
422:44 literally show you I'm talking about like hundreds of these examples every
422:46 like hundreds of these examples every single day. I'm going to show you with a
422:47 single day. I'm going to show you with a real life example right here. So, this
422:49 real life example right here. So, this right here is a ugly head and shoulders
422:52 right here is a ugly head and shoulders pattern. So, as you can see it right
422:53 pattern. So, as you can see it right here, this right here will be a left
422:56 here, this right here will be a left head and then a big right shoulder.
422:59 head and then a big right shoulder. Guess what? We came back over here. We
423:02 Guess what? We came back over here. We broke above the right shoulder. We broke
423:04 broke above the right shoulder. We broke the right shoulder. We retested the
423:06 the right shoulder. We retested the right shoulder. And then we started to
423:07 right shoulder. And then we started to have the push to the downside. You guys
423:09 have the push to the downside. You guys remember when I showed you guys this
423:10 remember when I showed you guys this trade before I I was interested in
423:13 trade before I I was interested in taking it? How I was actually interested
423:14 taking it? How I was actually interested in taking it? Well, look how it's moving
423:15 in taking it? Well, look how it's moving now. Look where it is now. All because
423:17 now. Look where it is now. All because of this 1 hour left head right shoulder.
423:20 of this 1 hour left head right shoulder. The head and shoulder is equally as
423:22 The head and shoulder is equally as valuable. And I mean it is used equally
423:24 valuable. And I mean it is used equally the same on every single time frame. Now
423:26 the same on every single time frame. Now obviously the higher the time frame the
423:28 obviously the higher the time frame the stronger the pattern is going to be but
423:30 stronger the pattern is going to be but it's used the exact same way. You have
423:32 it's used the exact same way. You have to wait for the break of the structure.
423:33 to wait for the break of the structure. So for example right here if we are
423:35 So for example right here if we are looking for this example right here this
423:37 looking for this example right here this if we were to look at it on the market
423:39 if we were to look at it on the market structure you can see how we have left
423:42 structure you can see how we have left head and right here you never really
423:43 head and right here you never really anticipate a right shoulder until you
423:45 anticipate a right shoulder until you actually start to see it being created.
423:47 actually start to see it being created. So that right shoulder there is looking
423:48 So that right shoulder there is looking a little bit ugly but it is creating a
423:50 a little bit ugly but it is creating a right shoulder. And as you can tell this
423:52 right shoulder. And as you can tell this is the higher low. That's the higher
423:53 is the higher low. That's the higher high. We shifted the structure. So,
423:55 high. We shifted the structure. So, that's a good head and shoulders that we
423:56 that's a good head and shoulders that we like to see, but we never got the break
423:58 like to see, but we never got the break of the neckline. So, or we're waiting
424:00 of the neckline. So, or we're waiting for this break of the neckline in order
424:02 for this break of the neckline in order for us to then actually sell this trade.
424:04 for us to then actually sell this trade. So, as you can tell, no break of the
424:06 So, as you can tell, no break of the neckline there. We almost broke the
424:08 neckline there. We almost broke the neckline. We did nothing. Went up to the
424:10 neckline. We did nothing. Went up to the upside. And then over here, we actually
424:12 upside. And then over here, we actually broke the neckline, came back and
424:15 broke the neckline, came back and retested it, and then we had a beautiful
424:17 retested it, and then we had a beautiful sell to the downside. This is just based
424:19 sell to the downside. This is just based off of pure market structure. You can
424:21 off of pure market structure. You can see here how this was a head and
424:22 see here how this was a head and shoulders that it never broke the
424:24 shoulders that it never broke the neckline. Left head and then guess what?
424:27 neckline. Left head and then guess what? This right shoulder. This was the higher
424:30 This right shoulder. This was the higher high and then this was the higher low.
424:33 high and then this was the higher low. The market never broke this higher low.
424:36 The market never broke this higher low. It never completed this right shoulder.
424:38 It never completed this right shoulder. It never created a proper reversal
424:41 It never created a proper reversal pattern. Now, don't get me wrong. You're
424:43 pattern. Now, don't get me wrong. You're going to get these head and shoulders
424:44 going to get these head and shoulders literally everywhere in the market. I'm
424:46 literally everywhere in the market. I'm talking about in the middle of the
424:48 talking about in the middle of the chart, at the top, at the bottom. You
424:50 chart, at the top, at the bottom. You want to make sure that you can get this
424:52 want to make sure that you can get this reversal pattern on areas that it
424:54 reversal pattern on areas that it actually will have a significant impact.
424:56 actually will have a significant impact. You want to make sure that you're
424:57 You want to make sure that you're getting this head and shoulders pattern
424:59 getting this head and shoulders pattern at a resistance. If you're looking to
425:01 at a resistance. If you're looking to sell, you want to make sure you can have
425:02 sell, you want to make sure you can have it at a support. If you're looking to
425:04 it at a support. If you're looking to buy, perfect example of a beautiful head
425:06 buy, perfect example of a beautiful head and shoulders could be this example
425:08 and shoulders could be this example right here. Left head, right shoulder.
425:11 right here. Left head, right shoulder. Doesn't look clean on the candlestick
425:12 Doesn't look clean on the candlestick chart. Don't worry. Go to the line
425:14 chart. Don't worry. Go to the line chart. Be I'm talking about beautiful.
425:17 chart. Be I'm talking about beautiful. left head and then right shoulder. Price
425:20 left head and then right shoulder. Price broke the neckline. We came back to
425:23 broke the neckline. We came back to retest it and then I ended up taking a
425:25 retest it and then I ended up taking a loss. And I'm a real one for doing this,
425:26 loss. And I'm a real one for doing this, you know, like I am in control of this
425:28 you know, like I am in control of this video right now. I can just pause the
425:30 video right now. I can just pause the video and then just go find the perfect
425:32 video and then just go find the perfect example how it actually happened on that
425:34 example how it actually happened on that perfect example and then just show you
425:36 perfect example and then just show you how it wins every single time. But I'm
425:38 how it wins every single time. But I'm not going to do that because that's
425:39 not going to do that because that's [ __ ] up. like I'm showing you guys
425:40 [ __ ] up. like I'm showing you guys real life examples on trades that I
425:42 real life examples on trades that I personally have taken and trades that I
425:44 personally have taken and trades that I have actually either made money or lost
425:46 have actually either made money or lost money on. Even if they're not as
425:47 money on. Even if they're not as perfect, it it's going to, you know, it
425:50 perfect, it it's going to, you know, it benefits me far more because you guys
425:52 benefits me far more because you guys will like me a lot more if I just set a
425:54 will like me a lot more if I just set a perfect example and show you how exactly
425:56 perfect example and show you how exactly how it looks on a perfect scale and show
425:58 how it looks on a perfect scale and show you how it works every single time. But
426:00 you how it works every single time. But that's not the reality of this. And
426:01 that's not the reality of this. And that's the mistake that a lot of these
426:03 that's the mistake that a lot of these mentors make while they're making these
426:04 mentors make while they're making these videos. They always try and find a
426:05 videos. They always try and find a perfect example just to show you so it
426:07 perfect example just to show you so it makes sense. I'm not doing that. I'm
426:09 makes sense. I'm not doing that. I'm making it make sense with real life
426:10 making it make sense with real life examples. So you guys, when you guys go
426:11 examples. So you guys, when you guys go out there to the real world and go trade
426:13 out there to the real world and go trade the real markets, you're not [ __ ]
426:14 the real markets, you're not [ __ ] lost and you actually understand [ __ ]
426:16 lost and you actually understand [ __ ] And even though you have a perfect head
426:18 And even though you have a perfect head and shoulders pattern like this one, you
426:20 and shoulders pattern like this one, you can actually understand that there's
426:21 can actually understand that there's still a risk of losing no matter what.
426:23 still a risk of losing no matter what. So I'm protecting your capital. I'm just
426:24 So I'm protecting your capital. I'm just looking out as much as I possibly can.
426:26 looking out as much as I possibly can. So just wanted to set that tonality
426:28 So just wanted to set that tonality because I've realized it throughout the
426:29 because I've realized it throughout the videos that I could have done so many
426:30 videos that I could have done so many different types of examples that would
426:32 different types of examples that would have made me look better, but it would
426:33 have made me look better, but it would have not been the reality for you guys.
426:35 have not been the reality for you guys. And I just wanted to show you guys that,
426:37 And I just wanted to show you guys that, right? So for example here, this is
426:38 right? So for example here, this is another head and shoulders. How this was
426:40 another head and shoulders. How this was the higher high. This was the higher
426:42 the higher high. This was the higher low. Price never broke the neckline. We
426:45 low. Price never broke the neckline. We remained bullish. And even though right
426:46 remained bullish. And even though right here it probably might have looked like
426:48 here it probably might have looked like it was going to create a beautiful right
426:50 it was going to create a beautiful right shoulder from this area. It could have
426:52 shoulder from this area. It could have easily looked like it was going to go
426:53 easily looked like it was going to go down and create a left head. Right
426:57 down and create a left head. Right shoulder, excuse me. We did that. So
427:00 shoulder, excuse me. We did that. So examples like these, I'm telling you,
427:01 examples like these, I'm telling you, they are literally never ending
427:03 they are literally never ending throughout the whole entire video. These
427:05 throughout the whole entire video. These are literally everywhere in the chart.
427:07 are literally everywhere in the chart. You're going to get them on every single
427:08 You're going to get them on every single time frame throughout any chart. I'm
427:10 time frame throughout any chart. I'm just looking to the left finding these
427:11 just looking to the left finding these head and shoulders when and if they
427:13 head and shoulders when and if they happen, but they happen all of the time
427:16 happen, but they happen all of the time at every single place. For example,
427:17 at every single place. For example, right here you have a beautiful inverted
427:19 right here you have a beautiful inverted head and shoulders pattern right here.
427:21 head and shoulders pattern right here. So, this right here is going to be the
427:23 So, this right here is going to be the left. This right here is going to be the
427:25 left. This right here is going to be the right I mean the head, excuse me. And
427:26 right I mean the head, excuse me. And then this is going to be the right
427:28 then this is going to be the right shoulder. You notice price broke this
427:30 shoulder. You notice price broke this neckline, came back, retested, beautiful
427:32 neckline, came back, retested, beautiful push to the upside. Once again, if it
427:34 push to the upside. Once again, if it doesn't look super clean, you can go out
427:36 doesn't look super clean, you can go out to the line chart and then on the line
427:37 to the line chart and then on the line chart, you can see it. Left head, broke
427:39 chart, you can see it. Left head, broke the lower high structure point, came
427:41 the lower high structure point, came back to create the right shoulder, break
427:43 back to create the right shoulder, break retest, and then it went to the upside.
427:46 retest, and then it went to the upside. Examples like these and I want to find
427:48 Examples like these and I want to find the I remember that I caught one the
427:49 the I remember that I caught one the other day. I wonder where it is. And you
427:53 other day. I wonder where it is. And you know, they come very big. They could
427:55 know, they come very big. They could also come very small. So for example,
427:56 also come very small. So for example, you can see this right here as like one
427:58 you can see this right here as like one ginormous head and shoulders. For
428:00 ginormous head and shoulders. For example, like right here, you have a
428:02 example, like right here, you have a ginormous left head and then a ginormous
428:05 ginormous left head and then a ginormous right shoulder. Or you can see a smaller
428:09 right shoulder. Or you can see a smaller head and shoulders right here. Left head
428:12 head and shoulders right here. Left head and then right shoulder, for example.
428:15 and then right shoulder, for example. I'm telling you, these these are it's
428:17 I'm telling you, these these are it's literally my favorite reversal pattern.
428:19 literally my favorite reversal pattern. If I go down to the 15-minut time frame,
428:21 If I go down to the 15-minut time frame, you're going to see it more than ever. I
428:22 you're going to see it more than ever. I think it was NZD
428:25 think it was NZD CAD. Was it NZD CAD?
428:28 CAD. Was it NZD CAD? NZD CAD? No, I think it was Oh, it was
428:30 NZD CAD? No, I think it was Oh, it was NZDUSD.
428:33 NZDUSD. Like this right here is a beautiful
428:34 Like this right here is a beautiful trade setup that I had. I'm talking
428:35 trade setup that I had. I'm talking about phenomenal. Look at this right
428:37 about phenomenal. Look at this right here. Right. So, this right here has a
428:40 here. Right. So, this right here has a beautiful left
428:42 beautiful left head and then this broke the structure
428:46 head and then this broke the structure and created this beautiful right
428:47 and created this beautiful right shoulder for me. Right? It's a very big
428:49 shoulder for me. Right? It's a very big head and shoulders. Now on this retest
428:51 head and shoulders. Now on this retest of this neckline, I go down to the 4
428:53 of this neckline, I go down to the 4 hour. And when I go down to this 4 hour,
428:56 hour. And when I go down to this 4 hour, I can see right here. What do I see? I
428:58 I can see right here. What do I see? I see a beautiful left head and then right
429:01 see a beautiful left head and then right shoulder retesting the bigger neckline
429:04 shoulder retesting the bigger neckline of the head and shoulders. So this is
429:06 of the head and shoulders. So this is the big head and shoulders over here.
429:08 the big head and shoulders over here. And now this is retesting the neckline.
429:10 And now this is retesting the neckline. Beautiful head and shoulders at the
429:13 Beautiful head and shoulders at the retest of it. Here's another beautiful
429:15 retest of it. Here's another beautiful example of a beautiful head, left head
429:19 example of a beautiful head, left head and then right shoulder. We broke,
429:21 and then right shoulder. We broke, retested the neckline and then we sold.
429:23 retested the neckline and then we sold. Right here we have an inverted head and
429:25 Right here we have an inverted head and shoulders. Right here we have a left
429:27 shoulders. Right here we have a left head and then the right shoulder trade
429:30 head and then the right shoulder trade continued to go to the upside. Up here
429:32 continued to go to the upside. Up here we have another head and shoulders. We
429:35 we have another head and shoulders. We have left head and then right shoulder
429:38 have left head and then right shoulder broke, retested and then went to the
429:40 broke, retested and then went to the downside. Right here we have another
429:42 downside. Right here we have another left. These things are just never
429:44 left. These things are just never ending. Head, right shoulder. This right
429:47 ending. Head, right shoulder. This right here is clearly an area of interest. So
429:49 here is clearly an area of interest. So if this was I mean you can just look at
429:51 if this was I mean you can just look at it. You can just look at this example
429:52 it. You can just look at this example like this, right? So let's say this is
429:54 like this, right? So let's say this is the higher or let's let's not say this
429:55 the higher or let's let's not say this right here is the higher high, right?
429:58 right here is the higher high, right? For example, this right here is the
429:59 For example, this right here is the higher high of this market. This right
430:01 higher high of this market. This right here is the higher low of this market.
430:03 here is the higher low of this market. We know that this is bullish. So in this
430:05 We know that this is bullish. So in this market, we now get a perfect retest of
430:08 market, we now get a perfect retest of this area. So right here it looks like
430:09 this area. So right here it looks like we're creating the perfect base for the
430:13 we're creating the perfect base for the left for the head. Now you don't know a
430:15 left for the head. Now you don't know a right shoulder's coming. You just look
430:16 right shoulder's coming. You just look this looks like the base. This looks
430:18 this looks like the base. This looks like it's just rejecting the structure
430:19 like it's just rejecting the structure to potentially go to the upside, right?
430:21 to potentially go to the upside, right? But then you get something like this.
430:23 But then you get something like this. You get a little high and then it
430:24 You get a little high and then it breaks. Now when it breaks is when you
430:26 breaks. Now when it breaks is when you realize, oh [ __ ] this [ __ ] is actually
430:28 realize, oh [ __ ] this [ __ ] is actually bearish. This went from being bullish to
430:30 bearish. This went from being bullish to bearish. Now this higher low gets
430:32 bearish. Now this higher low gets invalidated. This becomes the new lower
430:34 invalidated. This becomes the new lower low. You do your little snake trick.
430:37 low. You do your little snake trick. this becomes the lower high. If that
430:39 this becomes the lower high. If that becomes the lower high, then we have to
430:41 becomes the lower high, then we have to look for an area of interest inside of
430:43 look for an area of interest inside of this lower high and lower low. But
430:45 this lower high and lower low. But first, let's just make sure that this
430:47 first, let's just make sure that this candlestick has actually stopped at this
430:50 candlestick has actually stopped at this area. This we need to have some type of
430:52 area. This we need to have some type of slowdown at this area so we confirm that
430:54 slowdown at this area so we confirm that we're actually having that as the lower
430:56 we're actually having that as the lower low. As of right now, this looks like
430:57 low. As of right now, this looks like this became the new lower low. See what
431:00 this became the new lower low. See what happens to the next candle. Okay, this
431:02 happens to the next candle. Okay, this becomes okay, perfect. That became the
431:04 becomes okay, perfect. That became the lower low. So now we're going to look
431:05 lower low. So now we're going to look for areas of interest within this box,
431:07 for areas of interest within this box, right? So we're going to go back out to
431:09 right? So we're going to go back out to the line chart. We're going to start
431:10 the line chart. We're going to start working our way up from this point right
431:13 working our way up from this point right here. Start working our way up. Boom.
431:15 here. Start working our way up. Boom. Right here we have one and then two. We
431:18 Right here we have one and then two. We can potentially have this as an area of
431:20 can potentially have this as an area of interest. Let's see what it looks like
431:21 interest. Let's see what it looks like on the candlestick chart. We have one.
431:23 on the candlestick chart. We have one. I'm sure if we look more left, uh, we
431:26 I'm sure if we look more left, uh, we have maybe three. One, two. Doesn't look
431:29 have maybe three. One, two. Doesn't look that clean. we start. If we keep working
431:31 that clean. we start. If we keep working our way up, we're going to probably run
431:33 our way up, we're going to probably run into this area right here where we have
431:36 into this area right here where we have one, two, and then three. If we look at
431:38 one, two, and then three. If we look at it on the line chart, you can tell we
431:41 it on the line chart, you can tell we have very clean structure. We have 1 2 3
431:45 have very clean structure. We have 1 2 3 four structure points. And what a
431:47 four structure points. And what a coincidence that it's also the neckline
431:49 coincidence that it's also the neckline of the head and shoulders. Now, this
431:51 of the head and shoulders. Now, this neckline of the head and shoulders,
431:53 neckline of the head and shoulders, we're going to wait for price to come
431:54 we're going to wait for price to come back and then retest it. So once price
431:56 back and then retest it. So once price comes back and then retest it, we're
431:58 comes back and then retest it, we're going to wait for some type of rejection
431:59 going to wait for some type of rejection confirmation like this evening star
432:01 confirmation like this evening star formation for us in order to enter this
432:03 formation for us in order to enter this trade and have the sell to the downside.
432:05 trade and have the sell to the downside. So now this is the confirmation that the
432:08 So now this is the confirmation that the neckline the head and shoulders has
432:09 neckline the head and shoulders has broken it has come back to retest it. We
432:12 broken it has come back to retest it. We have our engulfing and then guess what?
432:15 have our engulfing and then guess what? Beautiful sell to the downside. That
432:17 Beautiful sell to the downside. That right there ladies and gentlemen is a
432:18 right there ladies and gentlemen is a perfect example of a head and shoulders
432:20 perfect example of a head and shoulders and this is just a random chart that I
432:22 and this is just a random chart that I found here on Trading View. Head and
432:24 found here on Trading View. Head and shoulders patterns happen literally
432:26 shoulders patterns happen literally everywhere throughout the market. I can
432:28 everywhere throughout the market. I can show you another one right here. Left
432:30 show you another one right here. Left head, right shoulder. We broke the
432:32 head, right shoulder. We broke the neckline, came back and retested. You
432:34 neckline, came back and retested. You can see it right here. Left head, right
432:36 can see it right here. Left head, right shoulder. What matters is that it
432:38 shoulder. What matters is that it shifted from being this the higher low
432:41 shifted from being this the higher low to this being the higher high. We
432:43 to this being the higher high. We shifted the structure. So we go from
432:45 shifted the structure. So we go from being bullish to then bearish. And then
432:48 being bullish to then bearish. And then we create the new lower low. Then we
432:51 we create the new lower low. Then we come back, we create the retest and then
432:53 come back, we create the retest and then we sell. That is the beauty of the head
432:55 we sell. That is the beauty of the head and shoulders that it is a reversal
432:57 and shoulders that it is a reversal pattern and it is literally showing you
432:59 pattern and it is literally showing you its hand first. You're letting the
433:01 its hand first. You're letting the market create the move before it even h
433:04 market create the move before it even h like you're letting the market do the
433:05 like you're letting the market do the move for you where you're letting the
433:06 move for you where you're letting the market literally have the pattern so you
433:09 market literally have the pattern so you can just simply follow it. You don't
433:10 can just simply follow it. You don't even have to think. All you simply have
433:11 even have to think. All you simply have to do is just react to the pattern. And
433:13 to do is just react to the pattern. And I know I have many, many, many more
433:15 I know I have many, many, many more examples. I think I have one on GBPUSD
433:17 examples. I think I have one on GBPUSD not so long ago that I took as well.
433:19 not so long ago that I took as well. That was a beautiful head and shoulders.
433:21 That was a beautiful head and shoulders. I think it was somewhere. Yeah. Okay.
433:22 I think it was somewhere. Yeah. Okay. Look for example right here. So right
433:23 Look for example right here. So right here GBPUSD once again we have left head
433:27 here GBPUSD once again we have left head right shoulder. We break that neckline
433:30 right shoulder. We break that neckline come back and retest and then we sell.
433:32 come back and retest and then we sell. Examples of these are literally
433:33 Examples of these are literally everywhere. And it it's just called a
433:36 everywhere. And it it's just called a head and shoulders pattern because
433:37 head and shoulders pattern because that's just what it is. But it's really
433:39 that's just what it is. But it's really just a reversal pattern. For example,
433:41 just a reversal pattern. For example, right here you have this market that is
433:43 right here you have this market that is bullish. This market right here is
433:45 bullish. This market right here is bullish. Right? This market was creating
433:47 bullish. Right? This market was creating higher highs, higher lows, higher highs
433:51 higher highs, higher lows, higher highs and then guess what? We shifted the
433:53 and then guess what? We shifted the structure. So if this is the higher low
433:55 structure. So if this is the higher low and then this is the higher high. This
433:57 and then this is the higher high. This at this point did not shift the market
433:59 at this point did not shift the market structure. This market was still bullish
434:01 structure. This market was still bullish up to this point right here. But guess
434:03 up to this point right here. But guess what? We broke the neckline. We came
434:05 what? We broke the neckline. We came back to retest it. And then guess what
434:07 back to retest it. And then guess what happens after? Retest the neckline.
434:10 happens after? Retest the neckline. Beautiful sells to the downside. This
434:12 Beautiful sells to the downside. This right here is the beauty of the reversal
434:15 right here is the beauty of the reversal pattern. Now, it's not that I'm looking
434:16 pattern. Now, it's not that I'm looking for specifically a head and shoulders
434:19 for specifically a head and shoulders pattern. No, what I'm looking for is for
434:21 pattern. No, what I'm looking for is for this right here is that shift of
434:23 this right here is that shift of structure, the market going from bullish
434:26 structure, the market going from bullish to bearish. That is the reversal
434:28 to bearish. That is the reversal pattern. That is the indication that I'm
434:30 pattern. That is the indication that I'm looking for in order for me to be
434:32 looking for in order for me to be interested in this trade. It's the shift
434:34 interested in this trade. It's the shift of the structure. Whether it happens
434:35 of the structure. Whether it happens from the uh the push from the head or
434:38 from the uh the push from the head or whether it happens from the break of the
434:39 whether it happens from the break of the neckline of the actual head and
434:41 neckline of the actual head and shoulders. And like I'm just so
434:43 shoulders. And like I'm just so passionate about these head and
434:44 passionate about these head and shoulders that I can literally be on
434:45 shoulders that I can literally be on here for hours just showing you examples
434:48 here for hours just showing you examples of head and shoulders alone. Just
434:50 of head and shoulders alone. Just literally head and shoulders everywhere.
434:52 literally head and shoulders everywhere. Like there's another one right here. I'm
434:54 Like there's another one right here. I'm trying to find like an ugly one cuz
434:55 trying to find like an ugly one cuz sometimes there is some ugly ones. I
434:57 sometimes there is some ugly ones. I mean this is kind of like an ugly one in
434:58 mean this is kind of like an ugly one in a way in my opinion because this one's
435:00 a way in my opinion because this one's like not super clean. Left head and then
435:03 like not super clean. Left head and then right shoulder. All that matters is that
435:04 right shoulder. All that matters is that we broke the structure, retested the
435:06 we broke the structure, retested the neckline, we then had a push to the
435:08 neckline, we then had a push to the upside. I see these patterns happen
435:11 upside. I see these patterns happen every single day, everywhere in the
435:13 every single day, everywhere in the market, either at tops or bottoms. And
435:15 market, either at tops or bottoms. And for me, it's my personal favorite
435:17 for me, it's my personal favorite reversal pattern. And it lets me know
435:18 reversal pattern. And it lets me know that the market is indeed respecting the
435:20 that the market is indeed respecting the structure. Perfect example could also be
435:22 structure. Perfect example could also be this right here, this inverted head and
435:24 this right here, this inverted head and shoulders right here. We have this left,
435:26 shoulders right here. We have this left, this head, and then this right shoulder.
435:29 this head, and then this right shoulder. We break the neckline. So, as you can
435:31 We break the neckline. So, as you can tell, this right here is going to be the
435:33 tell, this right here is going to be the lower high of this market. If this is
435:35 lower high of this market. If this is the lower high of this market and then
435:37 the lower high of this market and then this is going to be the lower low, that
435:40 this is going to be the lower low, that lower high and lower low, guess what
435:41 lower high and lower low, guess what happens? We break that neckline, we
435:44 happens? We break that neckline, we break that lower high, we break the
435:45 break that lower high, we break the lower low, we then break above it, come
435:49 lower low, we then break above it, come back, retest it, have the bullish
435:51 back, retest it, have the bullish engulfing candlestick, and look at this
435:53 engulfing candlestick, and look at this beautiful push to the upside. Like, it
435:56 beautiful push to the upside. Like, it just I just can't I just can't get over
435:58 just I just can't I just can't get over it, you know? I just can't get over how
436:00 it, you know? I just can't get over how many times this pattern happens all of
436:01 many times this pattern happens all of the time. perfect examples right here on
436:04 the time. perfect examples right here on a head and shoulders that it did not
436:05 a head and shoulders that it did not respect it. So technically, you know,
436:07 respect it. So technically, you know, you can call this the left the head and
436:09 you can call this the left the head and then the right shoulder. And if you were
436:11 then the right shoulder. And if you were to call this right here the higher low,
436:13 to call this right here the higher low, technically it did break that neckline.
436:15 technically it did break that neckline. So if you were to call this the higher
436:17 So if you were to call this the higher low and this the higher high for
436:19 low and this the higher high for examples purposes, this right here,
436:21 examples purposes, this right here, technically it did break that structure
436:23 technically it did break that structure and we did come back and then retest it
436:24 and we did come back and then retest it and it could have sold off. But
436:26 and it could have sold off. But personally, I would have not counted
436:28 personally, I would have not counted this as a right shoulder for me. That
436:30 this as a right shoulder for me. That would have just been way too small of a
436:32 would have just been way too small of a right shoulder. Would have not been as
436:34 right shoulder. Would have not been as clear. Like I want the right shoulder to
436:36 clear. Like I want the right shoulder to be obvious. I want you to be actually be
436:37 be obvious. I want you to be actually be able to spot the shoulder. For perfect
436:39 able to spot the shoulder. For perfect example could be this one here as well.
436:41 example could be this one here as well. And I know I'm beating out a dead horse
436:42 And I know I'm beating out a dead horse here, but I know that the repetition is
436:44 here, but I know that the repetition is what's going to lead you guys to
436:46 what's going to lead you guys to success. I know that's what's going to
436:47 success. I know that's what's going to make you guys see the things how I see
436:49 make you guys see the things how I see it. Cuz what makes me a profitable
436:50 it. Cuz what makes me a profitable trader and be able to see the markets
436:52 trader and be able to see the markets how I see it. It's not something secret
436:54 how I see it. It's not something secret that I know. It's the amount of times
436:56 that I know. It's the amount of times that I've seen this and I actually could
436:57 that I've seen this and I actually could understand it better than anybody else
436:59 understand it better than anybody else because I've seen it so much. Right
437:00 because I've seen it so much. Right here, we have a left head and then guess
437:02 here, we have a left head and then guess what? We never broke that higher low. So
437:06 what? We never broke that higher low. So then this never created the right
437:08 then this never created the right shoulder. If we look at this on the
437:09 shoulder. If we look at this on the neckline, I mean on the line chart, this
437:11 neckline, I mean on the line chart, this is technically going to be the higher
437:13 is technically going to be the higher high right here. This is technically
437:15 high right here. This is technically going to be the higher low right here.
437:17 going to be the higher low right here. So as you can tell, price never broke
437:21 So as you can tell, price never broke below that higher low. So, while this
437:23 below that higher low. So, while this was creating that potential right
437:25 was creating that potential right shoulder for us to then sell because
437:27 shoulder for us to then sell because right there that looks like it can
437:29 right there that looks like it can create the perfect right shoulder, we
437:31 create the perfect right shoulder, we never broke below the higher low. We
437:33 never broke below the higher low. We continue having this push to the upside.
437:36 continue having this push to the upside. So, ladies and gentlemen, Head and
437:38 So, ladies and gentlemen, Head and Shoulders pattern is my favorite
437:40 Shoulders pattern is my favorite reversal pattern, but not because of the
437:43 reversal pattern, but not because of the actual pattern itself. It's because of
437:46 actual pattern itself. It's because of how it is done and that is with the
437:48 how it is done and that is with the shift of structure from the higher low
437:50 shift of structure from the higher low to the higher high or once we actually
437:53 to the higher high or once we actually break the neckline we come back and we
437:56 break the neckline we come back and we retest it and then we sell. Head and
437:58 retest it and then we sell. Head and shoulders is my favorite and most
438:00 shoulders is my favorite and most effective reversal pattern. Now to this
438:03 effective reversal pattern. Now to this we're going to add what is also called
438:05 we're going to add what is also called as a indicator. Right? So an indicator
438:09 as a indicator. Right? So an indicator is obviously exactly what it's named, an
438:12 is obviously exactly what it's named, an indicator, right? It's going to indicate
438:15 indicator, right? It's going to indicate to you that the market is either going
438:17 to you that the market is either going to do one thing or do another, right? So
438:19 to do one thing or do another, right? So there's many different types of
438:20 there's many different types of indicators. You know, we can go here
438:22 indicators. You know, we can go here into the indicator section of Trading
438:24 into the indicator section of Trading View. And this area alone, you can
438:27 View. And this area alone, you can pretty much click every single one of
438:29 pretty much click every single one of these and you're going to have a billion
438:31 these and you're going to have a billion different types of indicators. They all
438:33 different types of indicators. They all supposedly know what's going to happen
438:35 supposedly know what's going to happen next. There is always a new indicator.
438:37 next. There is always a new indicator. They're always doing updated indicators.
438:39 They're always doing updated indicators. There's always going to be different
438:40 There's always going to be different types of indicators that the market is
438:42 types of indicators that the market is going to offer. Now, the only indicator
438:46 going to offer. Now, the only indicator that I personally use
438:50 that I personally use is the EMA
438:52 is the EMA exponential
438:54 exponential moving average. Now, I use this you guys
438:58 moving average. Now, I use this you guys can see it over here. EMA. So, the
439:00 can see it over here. EMA. So, the moving average exponential. I don't know
439:01 moving average exponential. I don't know why it says EMA and then the wording of
439:04 why it says EMA and then the wording of it is completely different but it is the
439:07 it is completely different but it is the exponential moving average or the moving
439:10 exponential moving average or the moving average exponential potato the same
439:13 average exponential potato the same thing. You guys understand
439:15 thing. You guys understand I only use an indicator by accident. I
439:19 I only use an indicator by accident. I was never planning to use an indicator.
439:20 was never planning to use an indicator. For me the indicators I tried to have
439:22 For me the indicators I tried to have many different types of indicators. I
439:24 many different types of indicators. I tried to do the indicator crossover. So,
439:27 tried to do the indicator crossover. So, it's where you have like five of them
439:29 it's where you have like five of them and then whenever all of these different
439:31 and then whenever all of these different types of indicators whenever they all
439:33 types of indicators whenever they all cross over that's when you would sell
439:35 cross over that's when you would sell below it or whenever the price would
439:37 below it or whenever the price would cross above all of them that's when you
439:39 cross above all of them that's when you would buy with it. It's all [ __ ]
439:41 would buy with it. It's all [ __ ] [ __ ] at the end of the day.
439:42 [ __ ] at the end of the day. Indicator is a delayed line on the chart
439:46 Indicator is a delayed line on the chart based off of price. It's never going to
439:48 based off of price. It's never going to predict the future because it needs the
439:50 predict the future because it needs the current price to be able to like create
439:53 current price to be able to like create the indicator and it can never create
439:54 the indicator and it can never create future price because it doesn't have the
439:56 future price because it doesn't have the future price. It's just an added
439:58 future price. It's just an added confluence, right? So, whenever you see
440:00 confluence, right? So, whenever you see price, you're going to see this little
440:03 price, you're going to see this little blue line that pretty much just follows
440:05 blue line that pretty much just follows it everywhere it goes. Now, this blue
440:07 it everywhere it goes. Now, this blue line is literally exactly what it seems
440:10 line is literally exactly what it seems to be. It's like a dynamic support and
440:12 to be. It's like a dynamic support and resistance level that follows price.
440:14 resistance level that follows price. Whenever you're above the indicator, it
440:16 Whenever you're above the indicator, it is used as supports. Whenever you're
440:18 is used as supports. Whenever you're below the indicator, it is used as
440:20 below the indicator, it is used as resistance. Now, this indicator, like I
440:23 resistance. Now, this indicator, like I just mentioned, I came across it by
440:25 just mentioned, I came across it by accident. I was just pretty much
440:26 accident. I was just pretty much searching the internet for all different
440:28 searching the internet for all different types of profitable indicators and
440:30 types of profitable indicators and there's just really one that stuck out
440:32 there's just really one that stuck out and that is the exponential moving
440:33 and that is the exponential moving average. For you to get access to this
440:35 average. For you to get access to this exponential moving average, just type
440:37 exponential moving average, just type EMA and then it's going to pop up as the
440:41 EMA and then it's going to pop up as the 20, the 50, the 100, and the 200. So, I
440:45 20, the 50, the 100, and the 200. So, I want you guys to go ahead and click on
440:47 want you guys to go ahead and click on that. And once you guys click on it, you
440:49 that. And once you guys click on it, you guys are going to see how you're going
440:50 guys are going to see how you're going to get all these different types of
440:51 to get all these different types of indicators that pop up on your chart.
440:53 indicators that pop up on your chart. You have here the the 20. The 20 is
440:56 You have here the the 20. The 20 is always going to be closest to the price
440:58 always going to be closest to the price because it just moves as close as it can
441:01 because it just moves as close as it can to the price. Then you're going to have
441:03 to the price. Then you're going to have the 50, which is the one that I use, and
441:05 the 50, which is the one that I use, and it's it's this other blue one right
441:06 it's it's this other blue one right here. Then you're going to have the 100,
441:08 here. Then you're going to have the 100, which is a bit further. And then you're
441:10 which is a bit further. And then you're going to have the 200, which is is even
441:12 going to have the 200, which is is even further. All of these are [ __ ]
441:13 further. All of these are [ __ ] [ __ ] pretty much. But there's only
441:14 [ __ ] pretty much. But there's only one that sticks, and that's the 50 EMA.
441:16 one that sticks, and that's the 50 EMA. So for you to get access to the 50 EMA,
441:18 So for you to get access to the 50 EMA, how I do, just go ahead once again,
441:20 how I do, just go ahead once again, click EMA, and then you can just click
441:23 click EMA, and then you can just click on this section right here. And then
441:24 on this section right here. And then once you click on this section, then you
441:27 once you click on this section, then you want to make sure you can go to the
441:28 want to make sure you can go to the settings icon over here. And then on the
441:30 settings icon over here. And then on the settings icon, you're going to go to or
441:33 settings icon, you're going to go to or how is it? Do you double click this
441:35 how is it? Do you double click this right here? Visibility like this. So,
441:38 right here? Visibility like this. So, what you're gonna make sure is that you
441:39 what you're gonna make sure is that you can go ahead uncclick the red one,
441:42 can go ahead uncclick the red one, uncclick the dark blue one, uncclick the
441:45 uncclick the dark blue one, uncclick the light blue one, and then you're going to
441:47 light blue one, and then you're going to be left with the 50 EMA. The 50 EMA is
441:50 be left with the 50 EMA. The 50 EMA is going to be that orange one. It's
441:52 going to be that orange one. It's already a preset. You notice if I
441:54 already a preset. You notice if I uncclick it, it's literally right on top
441:56 uncclick it, it's literally right on top of my blue one that I have. I guess I
441:59 of my blue one that I have. I guess I just have an old indicator that I
442:01 just have an old indicator that I haven't updated and I don't care to
442:02 haven't updated and I don't care to update it. It's just there or I can just
442:04 update it. It's just there or I can just change it to this one. But as you can
442:06 change it to this one. But as you can tell, the 50 EMA is going to be that
442:08 tell, the 50 EMA is going to be that middle indicator because it goes right
442:10 middle indicator because it goes right over my blue line that I have right
442:12 over my blue line that I have right there. It's literally exactly the same.
442:14 there. It's literally exactly the same. And then that is pretty much how you
442:16 And then that is pretty much how you place the indicator and how the
442:18 place the indicator and how the indicator is used. It's basically a
442:20 indicator is used. It's basically a dynamic support and resistance. Whenever
442:22 dynamic support and resistance. Whenever the price is moving up and you're
442:24 the price is moving up and you're looking to buy at anywhere in this point
442:26 looking to buy at anywhere in this point right here, you being above the EMA is
442:28 right here, you being above the EMA is just an added confluence. If you're
442:31 just an added confluence. If you're looking to buy here, for example, and
442:33 looking to buy here, for example, and you're above the EMA, it's just an added
442:35 you're above the EMA, it's just an added confluence. If you're looking to sell
442:37 confluence. If you're looking to sell over here and you're above the EMA, just
442:39 over here and you're above the EMA, just something to take into consideration.
442:41 something to take into consideration. Over here, you're buying, it's above.
442:43 Over here, you're buying, it's above. Whenever price going down, it hits
442:45 Whenever price going down, it hits below. Whenever you go above, it's just
442:47 below. Whenever you go above, it's just it's always delayed in my opinion. I
442:49 it's always delayed in my opinion. I just have it honestly because I think it
442:51 just have it honestly because I think it looks cool. But there is some certain
442:53 looks cool. But there is some certain scenarios where it happens to line up
442:55 scenarios where it happens to line up perfectly with certain areas of interest
442:58 perfectly with certain areas of interest and and certain points. For example,
442:59 and and certain points. For example, like the 1 hour right here, right? So
443:02 like the 1 hour right here, right? So for the 1 hour, as you can tell, we have
443:04 for the 1 hour, as you can tell, we have the head and shoulders pattern. Left
443:06 the head and shoulders pattern. Left head, right shoulder, right? We already
443:07 head, right shoulder, right? We already understood that. We have the neckline of
443:09 understood that. We have the neckline of the head and shoulders. And then guess
443:10 the head and shoulders. And then guess what? Price broke this area. Came back
443:13 what? Price broke this area. Came back to retest the area of interest. Retest
443:15 to retest the area of interest. Retest the EMA. I mean, it retest the area of
443:18 the EMA. I mean, it retest the area of interest. the neckline of the head and
443:19 interest. the neckline of the head and shoulders and it also happens to have
443:21 shoulders and it also happens to have the EMA at that area. It's all a piecing
443:24 the EMA at that area. It's all a piecing of puzzle all together. If I were to
443:26 of puzzle all together. If I were to compare this to something of an engine
443:28 compare this to something of an engine of a vehicle, it's almost like having
443:30 of a vehicle, it's almost like having the hood of the car. Do you need the
443:32 the hood of the car. Do you need the hood of the car to drive the car? No, at
443:34 hood of the car to drive the car? No, at all. But it completes the car, right?
443:37 all. But it completes the car, right? Can can you remove the hood and still
443:39 Can can you remove the hood and still drive 24 hours without the car turning
443:42 drive 24 hours without the car turning off? Yes. Can the hood be off, it rain,
443:45 off? Yes. Can the hood be off, it rain, and the engine still be fine? Yes, of
443:47 and the engine still be fine? Yes, of course. The hood does nothing other than
443:49 course. The hood does nothing other than just give the car an aesthetic look and
443:51 just give the car an aesthetic look and it just completes the vehicle and it
443:52 it just completes the vehicle and it also protects your engine parts so I
443:56 also protects your engine parts so I don't know um somebody doesn't steal
443:57 don't know um somebody doesn't steal something from it. But you can drive the
443:59 something from it. But you can drive the car without the hood. So the EMA is like
444:02 car without the hood. So the EMA is like the hood. It's just like the cherry on
444:03 the hood. It's just like the cherry on top. It completes the trade for whenever
444:06 top. It completes the trade for whenever it is needed and you want to add it as a
444:07 it is needed and you want to add it as a confluence. For example, on the 1 hour
444:10 confluence. For example, on the 1 hour time frame, this EMA is used as a
444:12 time frame, this EMA is used as a resistance to then sell. But if we were
444:15 resistance to then sell. But if we were to go out to then the 4 hour on the 4
444:17 to go out to then the 4 hour on the 4 hour you can tell that we are above the
444:18 hour you can tell that we are above the EMA and now it's going to potentially
444:20 EMA and now it's going to potentially reject it to then head to the upside
444:22 reject it to then head to the upside potentially. On the daily time frame
444:24 potentially. On the daily time frame we're extremely far from the EMA for
444:27 we're extremely far from the EMA for example. And on the weekly time frame we
444:29 example. And on the weekly time frame we are even further away from that EMA. So
444:32 are even further away from that EMA. So the EMA it is not used just based off of
444:35 the EMA it is not used just based off of entry time frames, right? I I don't use
444:37 entry time frames, right? I I don't use it just on the lower time frames for
444:38 it just on the lower time frames for this example. It just happened to line
444:40 this example. It just happened to line up. I can find a different example of a
444:42 up. I can find a different example of a trade that I took. For example, let's
444:44 trade that I took. For example, let's just say this one right here. The 1 hour
444:48 just say this one right here. The 1 hour time frame when I was interested in
444:49 time frame when I was interested in taking this trade, I happened to be a
444:52 taking this trade, I happened to be a little bit below the EMA. Cool. That was
444:54 little bit below the EMA. Cool. That was an added confluence. On the 4hour time
444:56 an added confluence. On the 4hour time frame, when I went to go take the trade,
444:58 frame, when I went to go take the trade, I was a little bit above it. On the
445:00 I was a little bit above it. On the daily time frame, when I went to go take
445:02 daily time frame, when I went to go take the trade, I was very above it. So, the
445:04 the trade, I was very above it. So, the EMA is really not used at all. I just
445:07 EMA is really not used at all. I just want to educate you on what it is so you
445:09 want to educate you on what it is so you don't go out there like a maniac trying
445:11 don't go out there like a maniac trying to figure out the secret formula behind
445:13 to figure out the secret formula behind it because the truth of the matter is
445:15 it because the truth of the matter is that there is none. There is no secret
445:17 that there is none. There is no secret formula to the EMA. Sometimes it's good
445:20 formula to the EMA. Sometimes it's good to be above it. Sometimes it it doesn't
445:22 to be above it. Sometimes it it doesn't even matter. I personally when I go
445:24 even matter. I personally when I go grade my trade, the EMA is literally at
445:27 grade my trade, the EMA is literally at the bottom of the list. Like after I do
445:29 the bottom of the list. Like after I do all of my analysis and I do all of my
445:31 all of my analysis and I do all of my checklist and I do everything, I'm like,
445:33 checklist and I do everything, I'm like, "Oh, where's the EMA? Is it there or
445:36 "Oh, where's the EMA? Is it there or not? Oh, it is. Okay, cool. It's not.
445:38 not? Oh, it is. Okay, cool. It's not. Okay, cool. It doesn't matter. It does
445:39 Okay, cool. It doesn't matter. It does not complete my trade. It does not take
445:41 not complete my trade. It does not take away from my trade and it doesn't do
445:42 away from my trade and it doesn't do anything for my trade. The only again,
445:44 anything for my trade. The only again, for example, here I'm selling it. We're
445:46 for example, here I'm selling it. We're below on the 4 hour. Cool. Let's see on
445:48 below on the 4 hour. Cool. Let's see on the 1 hour time frame. What are we doing
445:51 the 1 hour time frame. What are we doing over here? Trying to make it back over
445:53 over here? Trying to make it back over to price on the 1 hour time frame.
445:56 to price on the 1 hour time frame. Perfect. As soon as I sold, I happened
445:57 Perfect. As soon as I sold, I happened to be below it as well. What a
445:59 to be below it as well. What a coincidence. For this example over here,
446:01 coincidence. For this example over here, when I happened to buy, I was below it.
446:03 when I happened to buy, I was below it. So, technically, I was breaking the
446:04 So, technically, I was breaking the rule. The EMA is nothing but a delayed
446:07 rule. The EMA is nothing but a delayed support and resistance. You placing a
446:10 support and resistance. You placing a area of interest like this how I have
446:12 area of interest like this how I have placed it right here is far more
446:14 placed it right here is far more accurate than the EMA because the area
446:16 accurate than the EMA because the area of interest is going to be valid for the
446:18 of interest is going to be valid for the real market structure and for the
446:21 real market structure and for the weekly, for the daily, for the 4 hour,
446:22 weekly, for the daily, for the 4 hour, for the 1 hour. It's all going to be the
446:24 for the 1 hour. It's all going to be the same thing. Not like the EMA how it is
446:27 same thing. Not like the EMA how it is subjective and it moves based off of the
446:30 subjective and it moves based off of the time frame. Depending on the time frame
446:31 time frame. Depending on the time frame that you are, it is going to be a bit
446:33 that you are, it is going to be a bit closer, a bit further. It's going to be
446:35 closer, a bit further. It's going to be added. It's not going to be added. Now,
446:38 added. It's not going to be added. Now, once again, there is hundreds of
446:40 once again, there is hundreds of different EMAs. The EMA is simply just a
446:43 different EMAs. The EMA is simply just a dynamic support and resistance that
446:45 dynamic support and resistance that holds price up supposedly whenever
446:48 holds price up supposedly whenever you're above it, and whenever you're
446:50 you're above it, and whenever you're below it, it pushes price down. It is a
446:52 below it, it pushes price down. It is a delayed indicator, and it has zero
446:55 delayed indicator, and it has zero importance when it comes to trading.
446:57 importance when it comes to trading. You're not going to build a whole entire
446:59 You're not going to build a whole entire trading strategy just based off of EMA.
447:02 trading strategy just based off of EMA. This will be a cherry on top on your
447:03 This will be a cherry on top on your trade when you go enter it. If you have
447:05 trade when you go enter it. If you have it, you have it. If you don't, you
447:07 it, you have it. If you don't, you don't. So, I'm just going to remove this
447:09 don't. So, I'm just going to remove this here so I just don't have that extra
447:11 here so I just don't have that extra indicator for no reason. But the EMA is
447:13 indicator for no reason. But the EMA is pretty much just a extra tool to call
447:15 pretty much just a extra tool to call it. Now, you understanding head and
447:17 it. Now, you understanding head and shoulders, you understanding EMA, you
447:19 shoulders, you understanding EMA, you understanding market structure, top down
447:20 understanding market structure, top down analysis, areas of interest, blah blah
447:22 analysis, areas of interest, blah blah blah. These are all different ways on
447:24 blah. These are all different ways on how to read the market. Now what if I
447:26 how to read the market. Now what if I told you that everything that I have
447:27 told you that everything that I have just taught you sets up the perfect
447:31 just taught you sets up the perfect trade based off confluences. So there is
447:36 trade based off confluences. So there is something called confluence trading and
447:39 something called confluence trading and confluences are literally what I have
447:42 confluences are literally what I have been talking about every single pretty
447:44 been talking about every single pretty much time that I go trade every single
447:47 much time that I go trade every single moment I have this confluence I don't
447:48 moment I have this confluence I don't have this confluence I have this I don't
447:50 have this confluence I have this I don't have this confluence trading is
447:53 have this confluence trading is literally having the most amount of
447:55 literally having the most amount of reasons to enter the trade or not it's
447:57 reasons to enter the trade or not it's like right now I'm trying to invite my
447:59 like right now I'm trying to invite my buddy out to go out to the bar with me
448:01 buddy out to go out to the bar with me to go drink I can't even remember the
448:03 to go drink I can't even remember the last time I went to a I don't think I've
448:04 last time I went to a I don't think I've ever gone to a bar to go have a beer,
448:06 ever gone to a bar to go have a beer, right? But just just for example, right?
448:07 right? But just just for example, right? Let's say I want to invite my friend to
448:10 Let's say I want to invite my friend to go out to the bar. Hey, bro. Bars are I
448:13 go out to the bar. Hey, bro. Bars are I don't even know. It's happy hour. Um
448:15 don't even know. It's happy hour. Um there's going to be a lot of um college
448:18 there's going to be a lot of um college girls there and
448:21 girls there and I I don't even know what people do at
448:23 I I don't even know what people do at bars, but right, I'm just trying to give
448:24 bars, but right, I'm just trying to give him as many possible reasons to convince
448:27 him as many possible reasons to convince my friend to come to the bar, right, and
448:30 my friend to come to the bar, right, and go have a drink with me. Bro, beers are
448:31 go have a drink with me. Bro, beers are half off. There's going to be a lot of
448:33 half off. There's going to be a lot of pretty women. free nachos and on top of
448:36 pretty women. free nachos and on top of that they're playing a football game.
448:37 that they're playing a football game. You say all that to your friend and he's
448:39 You say all that to your friend and he's like and you know what makes more sense
448:41 like and you know what makes more sense to be at the bar than to be at home
448:43 to be at the bar than to be at home doing nothing. So you you basically made
448:46 doing nothing. So you you basically made it make sense for your friend to be at
448:48 it make sense for your friend to be at the bar with you rather than be home.
448:49 the bar with you rather than be home. Confluence trading is really no
448:51 Confluence trading is really no different than that. But it's just, you
448:53 different than that. But it's just, you know, it's just revolved around money
448:54 know, it's just revolved around money and you can actually do something with
448:55 and you can actually do something with your life, right? You can actually
448:56 your life, right? You can actually capitalize off of it aside from just
448:58 capitalize off of it aside from just wasting your time at a bar drinking
448:59 wasting your time at a bar drinking beer. So when you go confluence trading,
449:02 beer. So when you go confluence trading, you try and add as many possible things
449:04 you try and add as many possible things together to the trade for it to
449:06 together to the trade for it to logically make sense for the trade to
449:09 logically make sense for the trade to actually go in one direction versus the
449:11 actually go in one direction versus the other. Because we all know the market is
449:13 other. Because we all know the market is going to do two things. The market from
449:15 going to do two things. The market from this point right here can either go down
449:17 this point right here can either go down or it can continue to go up, right? If
449:20 or it can continue to go up, right? If you at any point in your life, you
449:22 you at any point in your life, you figure out if the market does either one
449:24 figure out if the market does either one of those two things, you [ __ ] call
449:26 of those two things, you [ __ ] call me, right? because you're on to
449:27 me, right? because you're on to something special or there's something
449:29 something special or there's something wrong with the market. But in my humble
449:31 wrong with the market. But in my humble seven years of trading in these markets,
449:33 seven years of trading in these markets, I have never seen the market do anything
449:35 I have never seen the market do anything other than from this point right here go
449:38 other than from this point right here go up or go down. So it's already a 50/50
449:41 up or go down. So it's already a 50/50 chance. But now what if I told you that
449:44 chance. But now what if I told you that if at this area right here, there is
449:47 if at this area right here, there is seven reasons on why it has a higher
449:50 seven reasons on why it has a higher probability of going up than going down.
449:53 probability of going up than going down. Well, it just simply makes more sense to
449:56 Well, it just simply makes more sense to buy than to sell it. That's really it.
449:58 buy than to sell it. That's really it. At no point in my trading am I 100%
450:02 At no point in my trading am I 100% confident that this trade is going to go
450:05 confident that this trade is going to go in one direction or the other. I just
450:06 in one direction or the other. I just simply have so many reasons for it to go
450:10 simply have so many reasons for it to go in that direction versus the other that
450:12 in that direction versus the other that I go ahead and risk money behind it. But
450:14 I go ahead and risk money behind it. But I don't have inside information. I don't
450:17 I don't have inside information. I don't predict the future. I don't have a
450:18 predict the future. I don't have a crystal ball. I am not an alien, right?
450:20 crystal ball. I am not an alien, right? I just have a logical amount of reasons
450:24 I just have a logical amount of reasons on why it's going to go up rather than
450:26 on why it's going to go up rather than down. And that is all based off of
450:28 down. And that is all based off of everything that I've taught you on this
450:30 everything that I've taught you on this video. First thing, for example, is this
450:31 video. First thing, for example, is this market bullish? Bullish or bearish? All
450:33 market bullish? Bullish or bearish? All right, cool. Well, this market is
450:35 right, cool. Well, this market is bullish. All right, cool. So, that's the
450:37 bullish. All right, cool. So, that's the first thing we got, right? We already we
450:38 first thing we got, right? We already we already understand the market is
450:40 already understand the market is bullish. Cool. Well, where is the market
450:43 bullish. Cool. Well, where is the market right now? Well, this market is at an
450:44 right now? Well, this market is at an area of interest that it's a respected
450:46 area of interest that it's a respected area of interest. [ __ ] All right. Cool.
450:48 area of interest. [ __ ] All right. Cool. Cool. Cool. So we are at an area of
450:51 Cool. Cool. So we are at an area of interest. So this area of interest is
450:53 interest. So this area of interest is obviously a very wellrespected support
450:54 obviously a very wellrespected support and resistance. We're above it. It could
450:56 and resistance. We're above it. It could be used as support. Okay, cool. So right
450:58 be used as support. Okay, cool. So right now we understand we have two of these
451:00 now we understand we have two of these confluences in our favor. All right,
451:02 confluences in our favor. All right, cool. What else do we have? So we also
451:04 cool. What else do we have? So we also have at this area, let's say this is the
451:06 have at this area, let's say this is the daily time frame or the 4hour time frame
451:08 daily time frame or the 4hour time frame has created a dogee candlestick, an
451:11 has created a dogee candlestick, an undecision candlestick. And after this
451:13 undecision candlestick. And after this undecision candlestick, it's created a
451:15 undecision candlestick, it's created a morning star formation. Wow, we have a
451:19 morning star formation. Wow, we have a morning star formation for example.
451:22 morning star formation for example. Morning star formation. We have three
451:24 Morning star formation. We have three logical reasons on why this trade should
451:28 logical reasons on why this trade should go up or should go down. Now this is a
451:32 go up or should go down. Now this is a simple very simple confluence trading
451:36 simple very simple confluence trading checklist that we can just I just built
451:38 checklist that we can just I just built off of 5 seconds. We understand that we
451:41 off of 5 seconds. We understand that we are having very clear indications that
451:43 are having very clear indications that this should continue go to the upside
451:45 this should continue go to the upside rather than the downside. We're at a
451:46 rather than the downside. We're at a support level. We're trading with the
451:47 support level. We're trading with the trend. And then we have our entry
451:49 trend. And then we have our entry signal. Go ahead. We enter our trade.
451:52 signal. Go ahead. We enter our trade. And after we enter our trade, guess
451:54 And after we enter our trade, guess what? The trade does what it does.
451:56 what? The trade does what it does. Continue trades with the trend. Has a
451:59 Continue trades with the trend. Has a reaction from a support level. And it
452:01 reaction from a support level. And it has the momentum based off of the entry
452:03 has the momentum based off of the entry signal confirmation. That right there is
452:06 signal confirmation. That right there is literally confluence trading. Now,
452:08 literally confluence trading. Now, that's me not even including if we have
452:10 that's me not even including if we have the EMA. Me not including if maybe on
452:13 the EMA. Me not including if maybe on the 4hour time frame there's an inverted
452:15 the 4hour time frame there's an inverted head and shoulders over here. That's me
452:17 head and shoulders over here. That's me not including so many other little extra
452:20 not including so many other little extra things that can be added to this for it
452:22 things that can be added to this for it to make more sense. Right? This is just
452:24 to make more sense. Right? This is just me going off of three basic core
452:26 me going off of three basic core foundations. Trend, area of interest,
452:29 foundations. Trend, area of interest, and entry signal. It simply makes more
452:31 and entry signal. It simply makes more logical sense to enter this trade on a
452:34 logical sense to enter this trade on a buy rather than a sell. And the best way
452:36 buy rather than a sell. And the best way that I can present this confluence
452:38 that I can present this confluence trading is if you literally go up to
452:41 trading is if you literally go up to your your your parents, your siblings,
452:44 your your your parents, your siblings, your cousins, your friends, somebody
452:45 your cousins, your friends, somebody that doesn't believe in your trading
452:46 that doesn't believe in your trading journey or somebody that doesn't even
452:48 journey or somebody that doesn't even understand your trading journey and you
452:50 understand your trading journey and you literally tell them, all right, you show
452:52 literally tell them, all right, you show them this chart for example, right? So
452:53 them this chart for example, right? So let's say for example, I'm going to show
452:55 let's say for example, I'm going to show you let's say uh let's say for example
452:59 you let's say uh let's say for example this market right here, right? Right?
453:01 this market right here, right? Right? For example, let's say this market right
453:02 For example, let's say this market right here. and you go ahead and tell them,
453:04 here. and you go ahead and tell them, "All right, what do you think this
453:06 "All right, what do you think this market is going to do? Do you think this
453:08 market is going to do? Do you think this market is going to go up or do you think
453:10 market is going to go up or do you think this market is going to go down?"
453:11 this market is going to go down?" They're going to have no, right? Cuz
453:13 They're going to have no, right? Cuz you're going to you're going to show
453:14 you're going to you're going to show them an empty chart like this. They're
453:15 them an empty chart like this. They're going to be like, "Dude, I have no idea
453:19 going to be like, "Dude, I have no idea up or down." Now, they might be right or
453:21 up or down." Now, they might be right or they might be wrong. It's it's really a
453:23 they might be wrong. It's it's really a 50/50. It's not that hard to be right.
453:26 50/50. It's not that hard to be right. It's just very hard to be right
453:28 It's just very hard to be right consistently and profitably. And that is
453:30 consistently and profitably. And that is where having just a proper checklist and
453:32 where having just a proper checklist and a proper confluence list that changes
453:33 a proper confluence list that changes all of that. Right? So let's say you
453:35 all of that. Right? So let's say you just tell your random family member,
453:36 just tell your random family member, your random friend or whoever if this is
453:38 your random friend or whoever if this is going to go up or down. And they just
453:40 going to go up or down. And they just say, okay, I think it's going to go up
453:42 say, okay, I think it's going to go up or I think it's going to go down. And
453:43 or I think it's going to go down. And you tell them, okay, let me tell you
453:45 you tell them, okay, let me tell you what I think. And then you start
453:47 what I think. And then you start explaining to them, all right, well this
453:48 explaining to them, all right, well this market structure is currently bearish.
453:50 market structure is currently bearish. So this is the lower high. This right
453:52 So this is the lower high. This right here is the lower low. Secondly, after
453:55 here is the lower low. Secondly, after this market being bearish, this right
453:56 this market being bearish, this right here is a respected area of interest.
453:58 here is a respected area of interest. And we also happen to be very near the
454:01 And we also happen to be very near the neckline of this head and shoulders,
454:03 neckline of this head and shoulders, which is a massive reversal pattern. To
454:05 which is a massive reversal pattern. To add to that, when we go down to the 4
454:07 add to that, when we go down to the 4 hour, the 4 hour is rejecting this 4hour
454:10 hour, the 4 hour is rejecting this 4hour EMA. And when we go down to the 1 hour,
454:12 EMA. And when we go down to the 1 hour, we're having a 1 hour pin bar rejection
454:15 we're having a 1 hour pin bar rejection from this area. They're going to look at
454:16 from this area. They're going to look at you like if you're a [ __ ] mad
454:18 you like if you're a [ __ ] mad scientist, and they're going to be like,
454:19 scientist, and they're going to be like, well, you're talking Chinese, but you
454:22 well, you're talking Chinese, but you know what? These are many things that I
454:23 know what? These are many things that I don't know what they mean, and I guess
454:25 don't know what they mean, and I guess it makes more sense to sell than to buy
454:27 it makes more sense to sell than to buy at this point. Just for example, right?
454:29 at this point. Just for example, right? Just me right here. I pieced up a trade
454:31 Just me right here. I pieced up a trade to make more sense to sell than to buy.
454:34 to make more sense to sell than to buy. That is all confluence trading is. Is
454:36 That is all confluence trading is. Is you get everything that I have been
454:38 you get everything that I have been teaching you, which is just very over
454:40 teaching you, which is just very over the top. And by the way, these are more
454:41 the top. And by the way, these are more things that I can teach you later on.
454:42 things that I can teach you later on. But these are just very over-the-top
454:44 But these are just very over-the-top things that make the trade make more
454:46 things that make the trade make more sense, right? A better example could be
454:49 sense, right? A better example could be this trade, for example, right here that
454:50 this trade, for example, right here that I was interested in taking and I
454:52 I was interested in taking and I happened to miss out. Or even this
454:53 happened to miss out. Or even this trade, for example, that I was
454:55 trade, for example, that I was interested in taking. We have the trend,
454:57 interested in taking. We have the trend, the lower time frame trend in our favor.
455:00 the lower time frame trend in our favor. We break this area. We come back to
455:02 We break this area. We come back to retest the neckline. We are retesting
455:04 retest the neckline. We are retesting the neckline of the area of interest. We
455:05 the neckline of the area of interest. We have had a shift of structure. We are
455:07 have had a shift of structure. We are rejecting the area of interest. We are
455:09 rejecting the area of interest. We are rejecting the EMA and then we have a
455:11 rejecting the EMA and then we have a massive bearish engulfing candlestick.
455:13 massive bearish engulfing candlestick. It just makes more sense to sell than to
455:15 It just makes more sense to sell than to buy. Confluence trading is literally
455:18 buy. Confluence trading is literally building the perfect trade setup for you
455:20 building the perfect trade setup for you to have the most amount of confluences
455:22 to have the most amount of confluences in one direction or the other. Now, I
455:25 in one direction or the other. Now, I get this asked all the time. Is there a
455:26 get this asked all the time. Is there a minimum amount of confluences that I
455:29 minimum amount of confluences that I would have in order to take a trade? And
455:31 would have in order to take a trade? And the answer is no. Why would I want to
455:34 the answer is no. Why would I want to have a minimum amount of confluences?
455:37 have a minimum amount of confluences? Like, that just makes most no sense to
455:39 Like, that just makes most no sense to me. If I want to risk my money where my
455:41 me. If I want to risk my money where my money is going to be the safest, I I
455:44 money is going to be the safest, I I don't know why traders have this
455:46 don't know why traders have this perception of high risk, high reward,
455:50 perception of high risk, high reward, right? Or or people that just get
455:51 right? Or or people that just get involved in trading, they think, oh,
455:52 involved in trading, they think, oh, whatever is high risk is high reward.
455:54 whatever is high risk is high reward. Guys, we are not in the casino. We are
455:57 Guys, we are not in the casino. We are not in the what's that thing that the
456:00 not in the what's that thing that the the the powerable. We're not in the
456:02 the the powerable. We're not in the powerable. We're not in the lotto. We
456:04 powerable. We're not in the lotto. We don't want high risk. High risk actually
456:07 don't want high risk. High risk actually means low reward. A trade that has zero
456:10 means low reward. A trade that has zero confluences is high risk. And if it has
456:13 confluences is high risk. And if it has high conf if it has high risk and no
456:16 high conf if it has high risk and no confluences, the odds of you winning
456:18 confluences, the odds of you winning that are very low, right? So, you're not
456:21 that are very low, right? So, you're not going to have a very high return on
456:22 going to have a very high return on that. But now if a trade has eight
456:25 that. But now if a trade has eight confluences for example that makes that
456:27 confluences for example that makes that a very lowrisk trade and meaning it's a
456:31 a very lowrisk trade and meaning it's a very small chance that you're going to
456:32 very small chance that you're going to lose. So it makes more sense to risk
456:35 lose. So it makes more sense to risk more money on that and that is where you
456:37 more money on that and that is where you in turn have higher reward. You have
456:40 in turn have higher reward. You have high rewards on the lowrisk trades. Why?
456:43 high rewards on the lowrisk trades. Why? Because you're going to risk more money
456:45 Because you're going to risk more money on trades that have less odds of losing.
456:49 on trades that have less odds of losing. You're not going to risk more money on a
456:51 You're not going to risk more money on a trade that has higher odds of losing. If
456:53 trade that has higher odds of losing. If it has higher odds than losing, I don't
456:55 it has higher odds than losing, I don't even want to get involved. I want to get
456:57 even want to get involved. I want to get involved when I have the least amount of
456:59 involved when I have the least amount of chances of possibly losing. And that is
457:01 chances of possibly losing. And that is exactly what confluence trading is.
457:03 exactly what confluence trading is. You're building a approach to a trade
457:06 You're building a approach to a trade where it simply makes more sense to do
457:08 where it simply makes more sense to do one thing rather than the other. Perfect
457:10 one thing rather than the other. Perfect example is right here. This trade right
457:12 example is right here. This trade right here, we were rejecting this very strong
457:15 here, we were rejecting this very strong area of interest. The daily time frame
457:17 area of interest. The daily time frame was bearish. This is a massive bearish
457:20 was bearish. This is a massive bearish engulfing pin bar rejection. I then go
457:22 engulfing pin bar rejection. I then go down to the 4our time frame. We have a
457:25 down to the 4our time frame. We have a left head and a right shoulder. We break
457:28 left head and a right shoulder. We break this neckline. I go down to the 1 hour.
457:31 this neckline. I go down to the 1 hour. On the 1 hour, we then have a another
457:34 On the 1 hour, we then have a another left head, right shoulder. On the right
457:36 left head, right shoulder. On the right shoulder of the head and shoulders on
457:38 shoulder of the head and shoulders on the 4 hour. We break this neckline. We
457:41 the 4 hour. We break this neckline. We come back. We retest. We reject the EMA
457:43 come back. We retest. We reject the EMA and a massive 1 hour bearish engulfing
457:45 and a massive 1 hour bearish engulfing candlestick. I have just told you seven
457:47 candlestick. I have just told you seven different confluences in 5 seconds off
457:49 different confluences in 5 seconds off of everything that I've just simply told
457:51 of everything that I've just simply told you. Daily rejecting area of interest,
457:53 you. Daily rejecting area of interest, daily bearish engulfing candlestick,
457:55 daily bearish engulfing candlestick, 4hour head and shoulders candlesticks.
457:58 4hour head and shoulders candlesticks. Then you also have a break and retest of
458:01 Then you also have a break and retest of that head and shoulders neckline. That's
458:03 that head and shoulders neckline. That's another confluence. And then on top of
458:04 another confluence. And then on top of that, you have a head and shoulders on
458:07 that, you have a head and shoulders on the 1 hour time frame. break and
458:09 the 1 hour time frame. break and retesting that neckline, rejecting the
458:11 retesting that neckline, rejecting the EMA, and then your entry signal, which
458:13 EMA, and then your entry signal, which is the bearish engulfing candlestick on
458:15 is the bearish engulfing candlestick on the 1 hour. What else do you need for it
458:18 the 1 hour. What else do you need for it to make more sense to buy? Now, don't
458:19 to make more sense to buy? Now, don't get me wrong, there's going to be times
458:21 get me wrong, there's going to be times where you're going to have 10
458:22 where you're going to have 10 confluences make sense on your trade and
458:24 confluences make sense on your trade and then guess what's going to happen? The
458:25 then guess what's going to happen? The trade will go in the opposite direction.
458:27 trade will go in the opposite direction. There's no guarantee at any given point
458:30 There's no guarantee at any given point that the trade is going to always win.
458:32 that the trade is going to always win. No, but it just makes more logical
458:34 No, but it just makes more logical sense. That's why I tell people all the
458:36 sense. That's why I tell people all the time, I think trading is the the
458:38 time, I think trading is the the ultimate hack to making money online
458:40 ultimate hack to making money online because I just think you can literally
458:42 because I just think you can literally predict the future by just having the
458:44 predict the future by just having the most amount of reasons on why it's going
458:47 most amount of reasons on why it's going to go in one direction versus the other.
458:50 to go in one direction versus the other. The best analogy that I can put with
458:52 The best analogy that I can put with that, it's almost like if you're going
458:54 that, it's almost like if you're going to go out there and go fishing, right?
458:56 to go out there and go fishing, right? Now, let's say you're going to go out
458:57 Now, let's say you're going to go out there and go fishing and you know
459:00 there and go fishing and you know historically when the waters are calm,
459:02 historically when the waters are calm, when there is a very bright sunny day,
459:05 when there is a very bright sunny day, no clouds, and you're the only person
459:08 no clouds, and you're the only person out there fishing and the tide is low,
459:12 out there fishing and the tide is low, for example. I'm not a fisherman, right?
459:13 for example. I'm not a fisherman, right? I'm just making stuff up right now. And
459:14 I'm just making stuff up right now. And the tide is low that the fish have
459:16 the tide is low that the fish have nothing else to do but eat and they're
459:19 nothing else to do but eat and they're going to be looking for food. What if I
459:21 going to be looking for food. What if I told you that you can literally go, you
459:23 told you that you can literally go, you can literally just sit by the dock and
459:26 can literally just sit by the dock and wait for the weather conditions to give
459:27 wait for the weather conditions to give you that perfect condition and then you
459:29 you that perfect condition and then you go out and fish at those times? Why are
459:31 go out and fish at those times? Why are you going to go out and fish when it's
459:32 you going to go out and fish when it's cloudy, when there's a hundred other
459:34 cloudy, when there's a hundred other boats out there and when it's late at
459:37 boats out there and when it's late at night or late in the afternoon when
459:38 night or late in the afternoon when there's already been a feast? You won't
459:41 there's already been a feast? You won't do it. It simply doesn't make sense.
459:43 do it. It simply doesn't make sense. You're going to go out there when it
459:44 You're going to go out there when it makes sense, when you have all the
459:45 makes sense, when you have all the proper conditions for you to go out
459:46 proper conditions for you to go out there and actually go and fish. This
459:48 there and actually go and fish. This right here is you literally creating
459:50 right here is you literally creating your condition. You're just sitting on
459:51 your condition. You're just sitting on the sideline, sitting here on the desk,
459:53 the sideline, sitting here on the desk, and you're going to wait for the market
459:54 and you're going to wait for the market to give you that perfect entry signal
459:56 to give you that perfect entry signal for you to enter the trade. You're not
459:57 for you to enter the trade. You're not going to just enter any trade
459:58 going to just enter any trade impulsively just because you have the
460:00 impulsively just because you have the opportunity to do that. Yes, can you
460:02 opportunity to do that. Yes, can you just get on your boat at whatever point
460:04 just get on your boat at whatever point you want and go out there and fish? Yes,
460:06 you want and go out there and fish? Yes, you could do that. But you're going to
460:07 you could do that. But you're going to waste fuel. You're going to waste time,
460:10 waste fuel. You're going to waste time, waste bait, and then most importantly,
460:11 waste bait, and then most importantly, waste your own mental sanity because you
460:14 waste your own mental sanity because you just want to go fish whenever you want.
460:16 just want to go fish whenever you want. And can you get lucky and catch one or
460:18 And can you get lucky and catch one or two fish? Sure. But that's not how
460:20 two fish? Sure. But that's not how you're going to sustainably catch a [ __ ]
460:22 you're going to sustainably catch a [ __ ] ton of fish and make your family happy
460:24 ton of fish and make your family happy and bring food to the house. You're
460:26 and bring food to the house. You're going to do that when you go do it at
460:27 going to do that when you go do it at the effective times where you're going
460:29 the effective times where you're going to be able to optimize and grow the most
460:31 to be able to optimize and grow the most and be able to actually do it the most.
460:32 and be able to actually do it the most. And that's exactly what confluence
460:34 And that's exactly what confluence trading is. You're building the most
460:35 trading is. You're building the most amount of reasons on why the trade
460:37 amount of reasons on why the trade should go in one direction versus the
460:39 should go in one direction versus the other. And it's all a checklist, right?
460:40 other. And it's all a checklist, right? So, for example, you can build your own
460:43 So, for example, you can build your own custom checklist. You can build a
460:44 custom checklist. You can build a checklist, for example, just off of the
460:46 checklist, for example, just off of the confluences that I have told you. The
460:48 confluences that I have told you. The first one could be trend. The second one
460:50 first one could be trend. The second one could be area of interest. The third one
460:53 could be area of interest. The third one could be entry. And then lastly, you can
460:56 could be entry. And then lastly, you can have patterns. Right? So when you go
461:00 have patterns. Right? So when you go analyze a trade, you say, "Okay, we have
461:02 analyze a trade, you say, "Okay, we have the weekly and then the daily in our
461:04 the weekly and then the daily in our favor." All right, cool. That right
461:06 favor." All right, cool. That right there, we have a double check. We have
461:09 there, we have a double check. We have two trends in our favor, right? So we
461:12 two trends in our favor, right? So we have the weekly and the daily in our
461:14 have the weekly and the daily in our favor. Are we at a weekly or at a daily
461:16 favor. Are we at a weekly or at a daily area of interest? Well, right now we're
461:18 area of interest? Well, right now we're in neither. Okay, so you don't take a
461:22 in neither. Okay, so you don't take a trade if you're not at the area of
461:23 trade if you're not at the area of interest. You simply wait. Okay, cool.
461:25 interest. You simply wait. Okay, cool. Now we're at the area of interest. Bet.
461:27 Now we're at the area of interest. Bet. We check that off the list. Now that
461:29 We check that off the list. Now that that we're at the area of interest, do
461:30 that we're at the area of interest, do we just jump right into the trade? No.
461:32 we just jump right into the trade? No. You need your entry signal. Or you could
461:34 You need your entry signal. Or you could jump into the trade right if you want
461:35 jump into the trade right if you want to. But the beauty of the entry
461:37 to. But the beauty of the entry checklist and the trading plan is that
461:39 checklist and the trading plan is that you know exactly the type of trade that
461:42 you know exactly the type of trade that you are taking. You're aware of the
461:44 you are taking. You're aware of the decisions that you're making. you're not
461:46 decisions that you're making. you're not blind to it anymore. You know that you
461:48 blind to it anymore. You know that you need these four confirmations for you to
461:50 need these four confirmations for you to take the trade. Now, I have my own
461:52 take the trade. Now, I have my own custom plan and I teach this to my
461:54 custom plan and I teach this to my students literally every single week
461:56 students literally every single week live and I mention them and I review the
461:57 live and I mention them and I review the trades and stuff, but it's a very
461:59 trades and stuff, but it's a very in-depth checklist that I have and I
462:01 in-depth checklist that I have and I would literally lose you guys at this
462:03 would literally lose you guys at this point right now if I were to show it to
462:04 point right now if I were to show it to you guys. Like, I literally have it
462:05 you guys. Like, I literally have it right here. It's like my perfect
462:06 right here. It's like my perfect checklist. If I were to show you guys
462:08 checklist. If I were to show you guys that right now, you're going to be like,
462:10 that right now, you're going to be like, "What the fuck?" cuz if you guys are
462:11 "What the fuck?" cuz if you guys are like already wow about certain stuff, I
462:13 like already wow about certain stuff, I don't even I don't even think you guys
462:14 don't even I don't even think you guys are ready for this checklist. But it it
462:16 are ready for this checklist. But it it is consisted of this core base right
462:18 is consisted of this core base right here. If a market is at a trend and you
462:20 here. If a market is at a trend and you actually have trending markets, that's
462:22 actually have trending markets, that's already a plus. If you have a solid area
462:24 already a plus. If you have a solid area of interest and you're at an area of
462:26 of interest and you're at an area of interest, that's already a plus. Now,
462:28 interest, that's already a plus. Now, you need lastly your entry confirmation.
462:29 you need lastly your entry confirmation. Your entry confirmation can be on the
462:31 Your entry confirmation can be on the lower time frames or the higher time
462:32 lower time frames or the higher time frames depending the type of trade that
462:34 frames depending the type of trade that you want to take. And then on top of
462:36 you want to take. And then on top of that, you have either a very clean
462:38 that, you have either a very clean resistance area with a very clean area
462:41 resistance area with a very clean area of interest as a resistance. We have
462:43 of interest as a resistance. We have broken out of this area. Now we're
462:44 broken out of this area. Now we're retesting it. They have a trend
462:46 retesting it. They have a trend continuation pattern. Cool. You have a
462:47 continuation pattern. Cool. You have a break and retest. Or let's say that you
462:50 break and retest. Or let's say that you are having this retest of this neckline
462:52 are having this retest of this neckline and you're selling at this area of
462:54 and you're selling at this area of interest. That area of interest also
462:56 interest. That area of interest also happens to be the area of interest of
462:59 happens to be the area of interest of the neckline of the head and shoulders.
463:00 the neckline of the head and shoulders. Boom. You have another confluence. This
463:02 Boom. You have another confluence. This is all about building the perfect trade.
463:05 is all about building the perfect trade. These are the checklists that you need
463:07 These are the checklists that you need to go through in order for you to build
463:10 to go through in order for you to build that perfect trade. Does every single
463:12 that perfect trade. Does every single trade need to have every single one of
463:14 trade need to have every single one of these checked off for it to be the
463:17 these checked off for it to be the lowest risk possible trade? Yes. Does
463:20 lowest risk possible trade? Yes. Does the every single trade that you take
463:22 the every single trade that you take need to have every single one of these
463:25 need to have every single one of these checked off for you to take the trade?
463:27 checked off for you to take the trade? No. And that right there, ladies and
463:29 No. And that right there, ladies and gentlemen, is the problem with traders
463:31 gentlemen, is the problem with traders nowadays. Since you don't have to
463:34 nowadays. Since you don't have to mandatory check in somewhere or check in
463:36 mandatory check in somewhere or check in with yourself that this is met, you're
463:39 with yourself that this is met, you're simply just taking a trade to take a
463:40 simply just taking a trade to take a trade and you're just entering a market
463:41 trade and you're just entering a market to enter a market with no real plan.
463:43 to enter a market with no real plan. That is the problem with trading
463:45 That is the problem with trading nowadays and traders. They're entering a
463:47 nowadays and traders. They're entering a trade without knowing where or why
463:49 trade without knowing where or why they're entering it. And they don't have
463:50 they're entering it. And they don't have any form of verification to confirm what
463:52 any form of verification to confirm what they're doing is correct. This right
463:54 they're doing is correct. This right here is the correct thing. This is just
463:57 here is the correct thing. This is just a very simple plan. You're trading with
463:59 a very simple plan. You're trading with the trend. You're buying or selling at a
464:01 the trend. You're buying or selling at a strong area of interest. And then you
464:02 strong area of interest. And then you have your entry confirmation. That right
464:04 have your entry confirmation. That right there is such a simple trading strategy.
464:06 there is such a simple trading strategy. And I can agree with any trader out
464:09 And I can agree with any trader out there, whether they are any type of
464:11 there, whether they are any type of concept trader that they would agree
464:13 concept trader that they would agree with this right here. Even if we don't
464:14 with this right here. Even if we don't see it eye to eye on our personal
464:16 see it eye to eye on our personal strategies, which is like how you
464:18 strategies, which is like how you actually optimize and get sniper
464:19 actually optimize and get sniper entries. Every strategy is built off of
464:22 entries. Every strategy is built off of this foundation right here. There's no
464:23 this foundation right here. There's no way. It's simp there's just no way. It's
464:25 way. It's simp there's just no way. It's not like an engine is just built of an
464:28 not like an engine is just built of an engine block off of a transmission and
464:30 engine block off of a transmission and off of a cooling system. Whether it's
464:32 off of a cooling system. Whether it's going to be Corvette, Mustang, Nissan,
464:36 going to be Corvette, Mustang, Nissan, Toyota, uh, Infiniti, Lamborghini,
464:39 Toyota, uh, Infiniti, Lamborghini, Bugatti, Ferrari, it's all going to
464:42 Bugatti, Ferrari, it's all going to consist of the same thing. Engine,
464:44 consist of the same thing. Engine, transmission, clutch, and cooling
464:46 transmission, clutch, and cooling system. All cars are going to have that
464:48 system. All cars are going to have that no matter what. Now, some cars are going
464:52 no matter what. Now, some cars are going to have better performing parts, but
464:54 to have better performing parts, but it's going to have the same function.
464:55 it's going to have the same function. And that is exactly what this is right
464:57 And that is exactly what this is right here. Some strategies are going to have
464:59 here. Some strategies are going to have different ways on how to use the trend,
465:01 different ways on how to use the trend, different ways on how to use the area of
465:02 different ways on how to use the area of interest, different ways on how to use
465:03 interest, different ways on how to use the entries or patterns, but it's all
465:05 the entries or patterns, but it's all going to be off of the same exact thing,
465:08 going to be off of the same exact thing, this core foundation of this trading
465:10 this core foundation of this trading plan right here. And if you don't have
465:12 plan right here. And if you don't have this plan right here checked off, you
465:14 this plan right here checked off, you should not take the trade. The trade is
465:16 should not take the trade. The trade is going to be a high-risk trade. High risk
465:19 going to be a high-risk trade. High risk does not mean high reward. Having all of
465:22 does not mean high reward. Having all of these checked off will mean you have a
465:24 these checked off will mean you have a lowrisk trade which in turn means you
465:27 lowrisk trade which in turn means you should risk more and then there you have
465:29 should risk more and then there you have a high reward. Confluence trading has
465:32 a high reward. Confluence trading has completely changed my way of trading in
465:34 completely changed my way of trading in the markets. Has changed my life to be
465:36 the markets. Has changed my life to be completely honest because I actually
465:37 completely honest because I actually know exactly what I'm doing every single
465:39 know exactly what I'm doing every single time when I go execute a trade. And just
465:41 time when I go execute a trade. And just based off of this simple video here
465:43 based off of this simple video here today, you guys should be able to go
465:44 today, you guys should be able to go ahead and just use this basic foundation
465:46 ahead and just use this basic foundation successfully. and actually be able to
465:48 successfully. and actually be able to see a difference in your trading. This
465:51 see a difference in your trading. This right here is the game changer
465:52 right here is the game changer personally for me and for all of the
465:55 personally for me and for all of the students every single week in the
465:57 students every single week in the markets. Now, you might want to see me
465:58 markets. Now, you might want to see me actually break down this confluence
466:00 actually break down this confluence trading on an actual market. Like, you
466:02 trading on an actual market. Like, you might want to see me actually break this
466:04 might want to see me actually break this down in real time and put it to
466:05 down in real time and put it to practice. Now, I'm going to be doing
466:07 practice. Now, I'm going to be doing that with you guys now on a trade that I
466:09 that with you guys now on a trade that I actually took and it made me $340,000
466:12 actually took and it made me $340,000 or something like that. And that trade
466:14 or something like that. And that trade that I break down is a bit advanced and
466:17 that I break down is a bit advanced and I am going to say some of the terms that
466:19 I am going to say some of the terms that you might not understand just yet. But
466:21 you might not understand just yet. But what I want you guys to do is pay
466:22 what I want you guys to do is pay attention to the core things. Trend,
466:24 attention to the core things. Trend, area of interest, and entry signal. So
466:26 area of interest, and entry signal. So now, if you guys don't understand that
466:28 now, if you guys don't understand that just yet, once again, this video is not
466:30 just yet, once again, this video is not going to go anywhere. I think it's best
466:31 going to go anywhere. I think it's best if you just pause right now and go back
466:33 if you just pause right now and go back and watch and make sure that you learn
466:35 and watch and make sure that you learn those things properly. So once you watch
466:37 those things properly. So once you watch me actually break this trade down live
466:40 me actually break this trade down live and me executing in real time and seeing
466:42 and me executing in real time and seeing the outcome of the trade, you guys can
466:44 the outcome of the trade, you guys can have that, oh, okay, now I understand
466:46 have that, oh, okay, now I understand and I get that. So me breaking down this
466:48 and I get that. So me breaking down this trade in real life, I show you guys
466:50 trade in real life, I show you guys exactly where I was looking to enter, my
466:52 exactly where I was looking to enter, my thought process behind it, and a little
466:54 thought process behind it, and a little bit of a raw version of how I trade by
466:56 bit of a raw version of how I trade by myself when it's either in New York
466:58 myself when it's either in New York session or London session and how I
466:59 session or London session and how I approach the market. So I'm going to
467:01 approach the market. So I'm going to break this trade down for you guys right
467:02 break this trade down for you guys right now in real time. Let me show you guys
467:04 now in real time. Let me show you guys how this goes down. All right, good
467:06 how this goes down. All right, good morning ladies and gentlemen. We got
467:07 morning ladies and gentlemen. We got another interesting week ahead of us.
467:10 another interesting week ahead of us. NZDUSD right now the daily time frame.
467:13 NZDUSD right now the daily time frame. We're extremely bearish. This is the
467:15 We're extremely bearish. This is the lower high. This is the lower low. And
467:19 lower high. This is the lower low. And as of right now, this is bearish because
467:21 as of right now, this is bearish because of this lower high and this lower low.
467:23 of this lower high and this lower low. Not this lower high or this lower low.
467:25 Not this lower high or this lower low. This is actually just a very strong
467:26 This is actually just a very strong bearish confirmation within the lower
467:28 bearish confirmation within the lower high and the lower low. We rejected this
467:31 high and the lower low. We rejected this area of interest very strongly and very
467:33 area of interest very strongly and very nicely along with the EMA. Now we are
467:35 nicely along with the EMA. Now we are potentially almost creating like a right
467:38 potentially almost creating like a right shoulder, literally a right shoulder to
467:40 shoulder, literally a right shoulder to reject under this previous structure
467:42 reject under this previous structure level. How we've done here in the past,
467:44 level. How we've done here in the past, we've literally broken through this
467:46 we've literally broken through this area, retested it, and then sold off.
467:48 area, retested it, and then sold off. That's exactly what I'm anticipating to
467:50 That's exactly what I'm anticipating to happen here. The 4hour time frame, we're
467:52 happen here. The 4hour time frame, we're having a very clean 4hour head and
467:54 having a very clean 4hour head and shoulders. The 4hour is bearish. This is
467:56 shoulders. The 4hour is bearish. This is the lower high. This is the lower low.
467:58 the lower high. This is the lower low. This is just to pull back into the area
468:00 This is just to pull back into the area of interest and reject the area of
468:01 of interest and reject the area of interest along with the EMA we've done
468:04 interest along with the EMA we've done here. Now, we got to be on the lookout
468:05 here. Now, we got to be on the lookout because we did this last time. Literally
468:08 because we did this last time. Literally broke below, retested and had the
468:10 broke below, retested and had the engulfing and we didn't. So, so this
468:12 engulfing and we didn't. So, so this area is not as respected as you would
468:15 area is not as respected as you would expect. You see here, we broke below
468:17 expect. You see here, we broke below once. We came back through and we just
468:19 once. We came back through and we just completely violated and we didn't
468:20 completely violated and we didn't respect it. We did it here once again
468:23 respect it. We did it here once again and we've done it here multiple times.
468:24 and we've done it here multiple times. Just because you have a rejection from
468:26 Just because you have a rejection from this area doesn't mean that it's ready
468:27 this area doesn't mean that it's ready to enter. So, I'm going to wait for a
468:30 to enter. So, I'm going to wait for a bit more confirmation, and I want the
468:31 bit more confirmation, and I want the market to show me its hand first by
468:33 market to show me its hand first by having a bit more of a push down, even
468:35 having a bit more of a push down, even if I get a little bit of a worse entry.
468:37 if I get a little bit of a worse entry. That's fine. All I got to do is just
468:38 That's fine. All I got to do is just make sure that my risk-to-reward makes
468:40 make sure that my risk-to-reward makes sense. And then my stop loss anywhere
468:42 sense. And then my stop loss anywhere from 10 to 15 pips above this wick over
468:45 from 10 to 15 pips above this wick over here. So, this is 13 pips right here. I
468:47 here. So, this is 13 pips right here. I have to put it around 20 23 pips. And
468:49 have to put it around 20 23 pips. And then my takerit, I'm going to aim for it
468:51 then my takerit, I'm going to aim for it to be somewhere around here in the lows
468:53 to be somewhere around here in the lows for a quick one to two. So, that's
468:56 for a quick one to two. So, that's NZDUSD. We have Euro GBP which we have
469:00 NZDUSD. We have Euro GBP which we have been waiting for this trade to come back
469:02 been waiting for this trade to come back up into this area of interest for us to
469:04 up into this area of interest for us to sell. Price has not come back up into
469:07 sell. Price has not come back up into this area of interest. As of right now,
469:08 this area of interest. As of right now, we're kind of just waiting for the
469:10 we're kind of just waiting for the market to do that. As of right now,
469:11 market to do that. As of right now, we're literally just setting and
469:13 we're literally just setting and forgetting until that happens. USD CAD
469:16 forgetting until that happens. USD CAD waiting for this to make it back into
469:18 waiting for this to make it back into this area of interest. We actually took
469:19 this area of interest. We actually took this trade last week. We got wicked out
469:21 this trade last week. We got wicked out and it went into some profit. Um but not
469:23 and it went into some profit. Um but not our final take profit. We're going to
469:25 our final take profit. We're going to wait for it to come back and potentially
469:26 wait for it to come back and potentially retest this area of interest to then
469:28 retest this area of interest to then buy. It's a very clean trade along with
469:31 buy. It's a very clean trade along with very strong bullish moves. And ND CAD is
469:34 very strong bullish moves. And ND CAD is probably one of my favorite by far. And
469:35 probably one of my favorite by far. And as of right now, we are creating the
469:37 as of right now, we are creating the perfect left head, right shoulder.
469:39 perfect left head, right shoulder. And I am seeing that this is the
469:41 And I am seeing that this is the potential perfect area for it to have
469:43 potential perfect area for it to have the break of the neckline of the head
469:45 the break of the neckline of the head and shoulders to then have the retest
469:48 and shoulders to then have the retest and sell. So, I'm not going to do
469:49 and sell. So, I'm not going to do anything until we don't have that break
469:50 anything until we don't have that break and retest confirmation in order for us
469:53 and retest confirmation in order for us to sell of this neckline of the head and
469:55 to sell of this neckline of the head and shoulders and your JPY not that
469:58 shoulders and your JPY not that interested right now. So, keep your eye
470:00 interested right now. So, keep your eye keep you guys updated and we'll come
470:01 keep you guys updated and we'll come back in a couple of hours. All right,
470:03 back in a couple of hours. All right, boys. Market update. So, this is how
470:04 boys. Market update. So, this is how we're looking on NZDUSD. Beautiful push
470:07 we're looking on NZDUSD. Beautiful push confirmation from the area exactly how
470:09 confirmation from the area exactly how we explained it. Sucks a little bit
470:12 we explained it. Sucks a little bit because I got a worse entry than I
470:14 because I got a worse entry than I wanted to. I knew I should have waited
470:15 wanted to. I knew I should have waited for this wick pullback. So, I told you
470:17 for this wick pullback. So, I told you guys as soon as we had this 4hour
470:18 guys as soon as we had this 4hour bearish candlestick engulfing, evening
470:21 bearish candlestick engulfing, evening star formation rejection from the EMA
470:23 star formation rejection from the EMA and this area of interest that I want to
470:26 and this area of interest that I want to wait for the market to show me its hand
470:28 wait for the market to show me its hand first. That's what it did. So, we had
470:30 first. That's what it did. So, we had the continuation push. So, then here I
470:33 the continuation push. So, then here I went I entered on off of this. I
470:35 went I entered on off of this. I probably have worse entries because of
470:36 probably have worse entries because of like spread, but I always like to base
470:38 like spread, but I always like to base it off of Trading View. So, I was going
470:41 it off of Trading View. So, I was going to wait for this wick retracement, but I
470:42 to wait for this wick retracement, but I didn't. So, I just entered off of this
470:44 didn't. So, I just entered off of this confirmation here. And I mean, it is
470:46 confirmation here. And I mean, it is what it is, right? Not the best entry
470:48 what it is, right? Not the best entry that I wanted to have, but all I really
470:50 that I wanted to have, but all I really care about is overall direction. If this
470:52 care about is overall direction. If this 4hour candlestick closes below the
470:54 4hour candlestick closes below the structure point, I then anticipate for
470:56 structure point, I then anticipate for it to have a small retracement and then
470:57 it to have a small retracement and then continue pushing to the downside. But it
470:59 continue pushing to the downside. But it is a very, very clean trade as of right
471:02 is a very, very clean trade as of right now. The daily closes like this, we have
471:04 now. The daily closes like this, we have very strong push to the downside as
471:05 very strong push to the downside as well. 4hour time frame just very solid.
471:09 well. 4hour time frame just very solid. Everything just looks very clean. So,
471:10 Everything just looks very clean. So, moving very nicely.
471:13 moving very nicely. Euro GBP, we're on our way to the area
471:15 Euro GBP, we're on our way to the area of interest. USD CAD had a reaction from
471:18 of interest. USD CAD had a reaction from this area. Don't don't really care about
471:21 this area. Don't don't really care about this one. NZD CAD still waiting for the
471:23 this one. NZD CAD still waiting for the break and retest below. And Euro JPY,
471:27 break and retest below. And Euro JPY, nothing. So, NZDUSD for now. We're going
471:29 nothing. So, NZDUSD for now. We're going to set and forget. So, put a little
471:32 to set and forget. So, put a little marker just so we know exactly where we
471:34 marker just so we know exactly where we last did our previous update. So, check
471:36 last did our previous update. So, check back in in a couple hours. That, by the
471:39 back in in a couple hours. That, by the way, that was only like an hour ago.
471:41 way, that was only like an hour ago. Well, this is why you have to [ __ ]
471:44 Well, this is why you have to [ __ ] set and [ __ ] forget. The last time we
471:48 set and [ __ ] forget. The last time we did an update, it was here. It's having
471:50 did an update, it was here. It's having the retracement seems to be on the 30
471:53 the retracement seems to be on the 30 minute time frame. So, 30-minut time
471:55 minute time frame. So, 30-minut time frame looks like it's going to create
471:56 frame looks like it's going to create this very clean lower high, which
471:58 this very clean lower high, which honestly, it's even better. I would much
472:01 honestly, it's even better. I would much rather for this to close with a strong
472:04 rather for this to close with a strong dogee like this and people be like,
472:06 dogee like this and people be like, "Wait, why doesn't that mean that it's
472:07 "Wait, why doesn't that mean that it's rejecting it?" Not necessarily. That
472:09 rejecting it?" Not necessarily. That means that the lower time frames are
472:11 means that the lower time frames are creating that structured pullback and
472:13 creating that structured pullback and then the next candlestick on the higher
472:15 then the next candlestick on the higher time frame will fill. So, it's going to
472:17 time frame will fill. So, it's going to be more of an aggressive push in that
472:19 be more of an aggressive push in that direction. But a little bit of a red
472:21 direction. But a little bit of a red flag. Last time that we were here, we
472:23 flag. Last time that we were here, we did the exact same break, retest, very
472:26 did the exact same break, retest, very strong bearish engulfing, and then guess
472:28 strong bearish engulfing, and then guess what happened? We completely reversed.
472:31 what happened? We completely reversed. So, there's a probability of that
472:34 So, there's a probability of that happening here because last time we came
472:35 happening here because last time we came here and rejected, we reversed. We
472:37 here and rejected, we reversed. We rejected. We reversed. Now, you know
472:40 rejected. We reversed. Now, you know what they say, third times a charm. I'm
472:42 what they say, third times a charm. I'm not saying that's what's going to happen
472:43 not saying that's what's going to happen here, but you know, I'm going to, you
472:46 here, but you know, I'm going to, you know, see what goes down. All we got to
472:48 know, see what goes down. All we got to do is just set and forget. Whenever I
472:50 do is just set and forget. Whenever I enter a trade, I commit to the trade. I
472:53 enter a trade, I commit to the trade. I don't ever ever ever
472:57 don't ever ever ever enter a trade and then get out of it
472:59 enter a trade and then get out of it before either hitting my stop-loss or my
473:01 before either hitting my stop-loss or my takerit. Very rarely. There's obviously
473:04 takerit. Very rarely. There's obviously a 2 3% chance. I mean, one out of every
473:07 a 2 3% chance. I mean, one out of every 20 trades that I do that, but it's not
473:10 20 trades that I do that, but it's not what I like to do. Whenever I enter a
473:12 what I like to do. Whenever I enter a trade, I made a decision that my mind is
473:15 trade, I made a decision that my mind is 100% convinced that this trade is going
473:18 100% convinced that this trade is going to go in one direction versus the other.
473:21 to go in one direction versus the other. I've done all of the proper top down
473:23 I've done all of the proper top down analysis. I have done absolutely
473:25 analysis. I have done absolutely everything that I need to feel
473:27 everything that I need to feel comfortable risking $100,000 behind this
473:30 comfortable risking $100,000 behind this trade. When I entered this trade, I was
473:33 trade. When I entered this trade, I was on a nonchalant approach and the
473:36 on a nonchalant approach and the decision the decision that I made was
473:38 decision the decision that I made was based off of probability and my strategy
473:40 based off of probability and my strategy being made. Now, as soon as you click
473:41 being made. Now, as soon as you click that buy and sell button, you start
473:44 that buy and sell button, you start thinking different cuz now you're like
473:45 thinking different cuz now you're like now now it's now it's real. Now the
473:47 now now it's now it's real. Now the money can actually get lost. You saw
473:49 money can actually get lost. You saw some profits, now you saw some red. And
473:51 some profits, now you saw some red. And then your mind starts to change. And I
473:53 then your mind starts to change. And I don't let that affect my decision at the
473:55 don't let that affect my decision at the point when I took the trade because I
473:57 point when I took the trade because I trust myself. I know when I take the
474:00 trust myself. I know when I take the trade, I know what state of mind I was
474:02 trade, I know what state of mind I was in to take it. I know that I did the
474:04 in to take it. I know that I did the proper analysis to go ahead and execute
474:06 proper analysis to go ahead and execute that trade to the best of my ability.
474:08 that trade to the best of my ability. So, there is no reason why I should [ __ ]
474:11 So, there is no reason why I should [ __ ] with the trade if it doesn't hit my
474:14 with the trade if it doesn't hit my stop-loss or it doesn't hit my takerit.
474:16 stop-loss or it doesn't hit my takerit. If you do, then you simply weren't ready
474:18 If you do, then you simply weren't ready to go ahead and execute that trade when
474:20 to go ahead and execute that trade when you did. So, for me, we're just going to
474:23 you did. So, for me, we're just going to keep setting and forgetting. So, we'll
474:25 keep setting and forgetting. So, we'll update you guys in a little bit. All
474:26 update you guys in a little bit. All right. Good morning, ladies and
474:27 right. Good morning, ladies and gentlemen. In market update right now we
474:29 gentlemen. In market update right now we are a little bit in profit in our NZDUSD
474:32 are a little bit in profit in our NZDUSD trade. So we literally had the exact
474:34 trade. So we literally had the exact retracement exactly how I anticipated.
474:37 retracement exactly how I anticipated. We rejected from this high creating that
474:39 We rejected from this high creating that right shoulder exactly how I anticipated
474:42 right shoulder exactly how I anticipated it. Beautiful daily bearish push to the
474:44 it. Beautiful daily bearish push to the downside. It's like a left head right
474:47 downside. It's like a left head right shoulder and then there's a left head
474:49 shoulder and then there's a left head right shoulder within the right
474:50 right shoulder within the right shoulder. I love that. So so far it's
474:52 shoulder. I love that. So so far it's moving pretty decent. I would love if
474:55 moving pretty decent. I would love if this daily time frame can close with a
474:57 this daily time frame can close with a very strong bearish candlestick. We have
474:58 very strong bearish candlestick. We have about six hours left in this
474:59 about six hours left in this candlestick. So, let's see how that
475:01 candlestick. So, let's see how that does. The 4our time frame is still
475:03 does. The 4our time frame is still needing to break below this structure
475:05 needing to break below this structure point to give us that confirmation that
475:07 point to give us that confirmation that we're going to have the push to the
475:08 we're going to have the push to the downside. So, I'm going to put my alarm
475:10 downside. So, I'm going to put my alarm down here to let me know once and if we
475:12 down here to let me know once and if we actually decide to do that. And on the 1
475:15 actually decide to do that. And on the 1 hour is looking pretty decent because
475:17 hour is looking pretty decent because this is the 1 hour lower high over here.
475:19 this is the 1 hour lower high over here. This is the 1 hour lower low. And same
475:21 This is the 1 hour lower low. And same exact thing. If the 4hour body closes
475:23 exact thing. If the 4hour body closes below this, we create a new 1 hour lower
475:26 below this, we create a new 1 hour lower low and it's just going to be all
475:27 low and it's just going to be all bearish to the downside from this point.
475:29 bearish to the downside from this point. It pretty much should just be a just
475:31 It pretty much should just be a just free just a free run to take profit
475:34 free just a free run to take profit zone. I should have I wish I would have
475:36 zone. I should have I wish I would have had a higher TP with a better
475:38 had a higher TP with a better risk-to-reward because I could see it
475:40 risk-to-reward because I could see it reacting above this area, not making it
475:42 reacting above this area, not making it all the way to my takerit. But let's see
475:44 all the way to my takerit. But let's see how that goes. Euro GBP just made it to
475:47 how that goes. Euro GBP just made it to the area of interest. We just got the
475:48 the area of interest. We just got the alarm. So, I'm going to be waiting for
475:50 alarm. So, I'm going to be waiting for some entry signals to enter around this
475:52 some entry signals to enter around this area. Some decent break like bearish
475:54 area. Some decent break like bearish engulfing candlesticks like this. Like
475:55 engulfing candlesticks like this. Like this. I'm going to be interested in
475:57 this. I'm going to be interested in selling here. USD CAD. Wow. Wow. Wow.
476:02 selling here. USD CAD. Wow. Wow. Wow. Wow. Wow. Yeah, we got [ __ ] didd it
476:04 Wow. Wow. Yeah, we got [ __ ] didd it over here, dude. Look at this [ __ ]
476:06 over here, dude. Look at this [ __ ] Literally wake us out by three pips and
476:08 Literally wake us out by three pips and now fly fly take profit for a one to
476:11 now fly fly take profit for a one to four. You can't make this [ __ ] up, bro.
476:12 four. You can't make this [ __ ] up, bro. It is what it is.
476:15 It is what it is. NZDC CAD right now is perfectly cooking
476:17 NZDC CAD right now is perfectly cooking up the perfect left head right shoulder
476:19 up the perfect left head right shoulder having that bearish engulfing
476:20 having that bearish engulfing candlestick right now from this area and
476:22 candlestick right now from this area and now it's just having a reaction above
476:24 now it's just having a reaction above this area of interest. Ever since the
476:26 this area of interest. Ever since the markets traded from Biden to Trump what
476:28 markets traded from Biden to Trump what I've realized is that the markets are
476:30 I've realized is that the markets are just not respecting the head and
476:32 just not respecting the head and shoulders at the right shoulder as it
476:34 shoulders at the right shoulder as it should before. As soon as you get that
476:36 should before. As soon as you get that right shoulder to form, I would sell off
476:37 right shoulder to form, I would sell off of that right shoulder and anticipate
476:39 of that right shoulder and anticipate the break of the neckline. Now I can't
476:42 the break of the neckline. Now I can't do that. I gotta wait for the break and
476:43 do that. I gotta wait for the break and retest because this doesn't respect it
476:45 retest because this doesn't respect it the same as before. So, I'm waiting for
476:47 the same as before. So, I'm waiting for that extra confirmation. It's what you
476:48 that extra confirmation. It's what you should do actually, but before I was
476:50 should do actually, but before I was just more of a DGEN trader and I would
476:52 just more of a DGEN trader and I would just take it right at that right
476:53 just take it right at that right shoulder and if I would have taken it
476:55 shoulder and if I would have taken it here, I would be in some draw down. But
476:57 here, I would be in some draw down. But the right thing to do is at the break of
476:59 the right thing to do is at the break of that neckline. So, let's wait for that
477:00 that neckline. So, let's wait for that to cook up and uh euro JP JPY nothing.
477:05 to cook up and uh euro JP JPY nothing. So, let's just keep setting and
477:06 So, let's just keep setting and forgetting. NZD
477:09 forgetting. NZD USD. We'll check back in in a couple
477:11 USD. We'll check back in in a couple hours. All right. All right. All right.
477:15 hours. All right. All right. All right. A little update. A little update. A
477:17 A little update. A little update. A little update. Hello. Hello. Oh, no. No.
477:21 little update. Hello. Hello. Oh, no. No. Tell me. I I hope I'm [ __ ] up. All
477:24 Tell me. I I hope I'm [ __ ] up. All right. So, market update. We are up
477:27 right. So, market update. We are up around
477:28 around $88,000 right now. So, this is our trade
477:33 $88,000 right now. So, this is our trade right here. You can see we're up 88
477:34 right here. You can see we're up 88 grand.
477:36 grand. It's funny because my screen is still
477:37 It's funny because my screen is still broken and I'm up 100 grand on this one
477:41 broken and I'm up 100 grand on this one trade right here. So, definitely broke
477:43 trade right here. So, definitely broke below this structure point right here.
477:44 below this structure point right here. We're moving very nicely. Having a very
477:47 We're moving very nicely. Having a very clean push to the downside and uh yeah,
477:52 clean push to the downside and uh yeah, I [ __ ] forget. That's pretty much it.
477:54 I [ __ ] forget. That's pretty much it. This market hasn't rejected as much as I
477:56 This market hasn't rejected as much as I want to. This is just absolutely
477:58 want to. This is just absolutely ridiculous. And NZDUSD is having a break
478:02 ridiculous. And NZDUSD is having a break and retest. So, we're going to wait for
478:03 and retest. So, we're going to wait for that.
478:05 that. So, for now, let's see how the daily
478:06 So, for now, let's see how the daily closes and we'll come back. We'll update
478:08 closes and we'll come back. We'll update you guys. It's very strong movement. So,
478:10 you guys. It's very strong movement. So, let's wait. All right, boys. Little bit
478:12 let's wait. All right, boys. Little bit of a market update. So, I spent pretty
478:15 of a market update. So, I spent pretty much all day just in meetings. Worked
478:17 much all day just in meetings. Worked out a little bit. And this is how the
478:20 out a little bit. And this is how the market's looking right now. So, very
478:21 market's looking right now. So, very clean continuation push to the downside.
478:23 clean continuation push to the downside. We have stopped at this very strong
478:25 We have stopped at this very strong level of support. Exactly how we
478:27 level of support. Exactly how we anticipated. Right now, we are up a
478:30 anticipated. Right now, we are up a solid,
478:31 solid, let me show you guys this. Right now, we
478:33 let me show you guys this. Right now, we are up about $123,000.
478:36 are up about $123,000. Oh, you guys cannot see that. We're up
478:40 Oh, you guys cannot see that. We're up $124,000
478:42 $124,000 as of right now on NZD/USD. I'm not
478:45 as of right now on NZD/USD. I'm not going to lie, I went a little bit low
478:47 going to lie, I went a little bit low risk like a [ __ ] [ __ ] I should have
478:49 risk like a [ __ ] [ __ ] I should have gone a bit more high risk. And
478:52 gone a bit more high risk. And it is what it is. Usually I risk
478:53 it is what it is. Usually I risk anywhere from like 100 to 150 on this
478:56 anywhere from like 100 to 150 on this trade. I went around like 70 60 75
479:01 trade. I went around like 70 60 75 and I like that the fact that they had
479:04 and I like that the fact that they had this strong bearish engulfing
479:05 this strong bearish engulfing candlestick but clearly that doesn't
479:06 candlestick but clearly that doesn't really mean much when price reaches this
479:09 really mean much when price reaches this area because you know you can have a
479:10 area because you know you can have a strong rejection from this level plus a
479:12 strong rejection from this level plus a strong bearish engulfing candlestick and
479:14 strong bearish engulfing candlestick and then the next move just be a massive
479:16 then the next move just be a massive push up and this market was bearish when
479:18 push up and this market was bearish when it did this move here. Same exact thing
479:20 it did this move here. Same exact thing here. You could have a bro I'm talking
479:21 here. You could have a bro I'm talking about this astronomical bearish pinball
479:25 about this astronomical bearish pinball rejection from this area reach this
479:27 rejection from this area reach this point and then have a push up. Same
479:29 point and then have a push up. Same thing here. Very strong bearish
479:30 thing here. Very strong bearish candlestick into this area then have a
479:32 candlestick into this area then have a push up. So exact same thing bear push
479:35 push up. So exact same thing bear push up and you so like it's a pattern that
479:37 up and you so like it's a pattern that has happened here. I personally believe
479:40 has happened here. I personally believe that this is the move that will break
479:42 that this is the move that will break through that. And if this is the move
479:45 through that. And if this is the move that breaks through that,
479:48 that breaks through that, boys, we're we're talking about massive
479:51 boys, we're we're talking about massive downside potential from from this here.
479:54 downside potential from from this here. Like, this is literally going to be
479:55 Like, this is literally going to be massive.
480:02 Is it worth the risk? I I don't know because I I got to be realistic with
480:04 because I I got to be realistic with myself, right? Because here we have a
480:05 myself, right? Because here we have a massive left head, right shoulder. We
480:07 massive left head, right shoulder. We broke, we retested the neckline. Like I
480:09 broke, we retested the neckline. Like I see this having a just continuation push
480:11 see this having a just continuation push to the downside. But I don't know if
480:14 to the downside. But I don't know if it'll happen this week. Maybe it'll I
480:17 it'll happen this week. Maybe it'll I mean it is only Tuesday. We still have a
480:19 mean it is only Tuesday. We still have a whole entire week ahead of us. What I do
480:21 whole entire week ahead of us. What I do know is this. If it does have the
480:22 know is this. If it does have the breakthrough this area, obviously we're
480:24 breakthrough this area, obviously we're going to catch much more risk-to-reward.
480:26 going to catch much more risk-to-reward. Let's say we're up a one to three,
480:29 Let's say we're up a one to three, right? One to four, right? Which is
480:31 right? One to four, right? Which is awesome. But I do know that if it does
480:34 awesome. But I do know that if it does have that very strong weekly bearish
480:36 have that very strong weekly bearish engulfing candlestick, we can have a
480:39 engulfing candlestick, we can have a pretty big retracement to then sell.
480:41 pretty big retracement to then sell. Exactly how we did here. Very strong
480:43 Exactly how we did here. Very strong break through this area. Then we come
480:45 break through this area. Then we come back, retest, and then we sell. Like I'm
480:47 back, retest, and then we sell. Like I'm not too concerned about missing out on
480:51 not too concerned about missing out on money on this trade because I know it'll
480:53 money on this trade because I know it'll make it. If it's not now, it'll make it
480:55 make it. If it's not now, it'll make it down here. So like, let's say I close
480:56 down here. So like, let's say I close right here and then it does end up
480:58 right here and then it does end up having the full push. Would it suck?
481:00 having the full push. Would it suck? Yes, obviously. because I missed out
481:02 Yes, obviously. because I missed out essentially on free money. But I could
481:05 essentially on free money. But I could very easily catch these cells once it
481:07 very easily catch these cells once it does have that pullback. The pullback of
481:09 does have that pullback. The pullback of that happening is very high. Uh I'm just
481:11 that happening is very high. Uh I'm just going to keep my eye on it right now.
481:13 going to keep my eye on it right now. I'm very confident on my analysis. I
481:15 I'm very confident on my analysis. I don't like that we are at this level and
481:19 don't like that we are at this level and previously it's obviously reacted from
481:21 previously it's obviously reacted from it. I'm just going to keep my eye on it.
481:23 it. I'm just going to keep my eye on it. If right now on the 30 minute time frame
481:25 If right now on the 30 minute time frame we break above this structure point
481:27 we break above this structure point right here, I'm probably just going to
481:29 right here, I'm probably just going to get out of it there and just call it a
481:32 get out of it there and just call it a trade and just not even look back. And
481:34 trade and just not even look back. And if it does somehow pull back up into
481:37 if it does somehow pull back up into this area, then I'm just going to be
481:39 this area, then I'm just going to be looking to enter new positions on it to
481:41 looking to enter new positions on it to sell. But yeah, if it breaks above that
481:43 sell. But yeah, if it breaks above that structure point, I'm just going to take
481:44 structure point, I'm just going to take my profits and run. If it keeps going
481:45 my profits and run. If it keeps going down, I'm going to keep holding. So, I'm
481:46 down, I'm going to keep holding. So, I'm going to keep monitoring this trade live
481:48 going to keep monitoring this trade live as it goes because this is a this can be
481:51 as it goes because this is a this can be a really really really big banger trade.
481:53 a really really really big banger trade. So, I want to make sure that I'm on the
481:54 So, I want to make sure that I'm on the lookout for it. Euro GBP on the other
481:57 lookout for it. Euro GBP on the other hand right now, the daily time frame has
482:00 hand right now, the daily time frame has had a very clean rejection from this
482:02 had a very clean rejection from this area. The weekly time frame didn't quite
482:04 area. The weekly time frame didn't quite make it up to this area of interest how
482:06 make it up to this area of interest how I wanted to. Even though this area of
482:08 I wanted to. Even though this area of interest, I could technically squeeze it
482:09 interest, I could technically squeeze it up and make it a little bit higher or I
482:11 up and make it a little bit higher or I could also make it a little bit lower. I
482:13 could also make it a little bit lower. I can make it something like this. On the
482:15 can make it something like this. On the daily time frame, we have had this
482:17 daily time frame, we have had this pullback and we have had this this bit
482:20 pullback and we have had this this bit of a of a rejection.
482:28 Not my favorite. It just h cuz if I enter the trade here and I put my stop
482:30 enter the trade here and I put my stop loss somewhere around here. So let's say
482:31 loss somewhere around here. So let's say this is 15 pips. Let's say we make it at
482:34 this is 15 pips. Let's say we make it at 25 pips. And the next point where the
482:37 25 pips. And the next point where the market will potentially have a reaction
482:39 market will potentially have a reaction can easily be this structure point right
482:42 can easily be this structure point right here. structure point from this right
482:45 here. structure point from this right here will be a 1 to 2.5. Not a terrible
482:48 here will be a 1 to 2.5. Not a terrible trade, but I do see some type of odds of
482:51 trade, but I do see some type of odds of this just coming in here and giving it a
482:53 this just coming in here and giving it a better rejection before actually having
482:55 better rejection before actually having a push. This is a perfect example right
482:57 a push. This is a perfect example right here. Price actually came into this area
483:00 here. Price actually came into this area and then it rejected and even though it
483:02 and then it rejected and even though it did come back. Same thing here. It did
483:04 did come back. Same thing here. It did these little minor wick rejection but
483:06 these little minor wick rejection but then it actually brought some full body
483:08 then it actually brought some full body candlesticks in there. So I'm just
483:11 candlesticks in there. So I'm just trying to avoid some unnecessary draw
483:13 trying to avoid some unnecessary draw down or a potential wick out. We are
483:15 down or a potential wick out. We are bearish. This is the lower high. This is
483:17 bearish. This is the lower high. This is the lower low. We have had a very clean
483:20 the lower low. We have had a very clean shift of structure.
483:23 shift of structure. H
483:25 H if we can if we can break and retest
483:27 if we can if we can break and retest this little head and shoulders right
483:29 this little head and shoulders right here, I'm going to take this trade
483:31 here, I'm going to take this trade clean. If we break it clean, I'm going
483:33 clean. If we break it clean, I'm going to take this trade. I'm going to wait
483:35 to take this trade. I'm going to wait for this to have a very clean break, a
483:37 for this to have a very clean break, a clean retest, and then I'm going to be
483:39 clean retest, and then I'm going to be interested in taking this trade to the
483:40 interested in taking this trade to the downside because I believe if it does
483:43 downside because I believe if it does that, it will continue to have the push.
483:45 that, it will continue to have the push. I believe if it doesn't do that, then
483:47 I believe if it doesn't do that, then it's just going to have a full push back
483:48 it's just going to have a full push back up into here and then create a proper
483:51 up into here and then create a proper body structure rejection from this area.
483:53 body structure rejection from this area. Because if we look at this for the
483:54 Because if we look at this for the market structure for what it is, the
483:57 market structure for what it is, the market structure technically hasn't made
483:58 market structure technically hasn't made it into the area of interest. We notice
483:59 it into the area of interest. We notice the structure is not there. structure is
484:01 the structure is not there. structure is always the bodies, never the wicks. And
484:03 always the bodies, never the wicks. And the bodies haven't made there. It's only
484:04 the bodies haven't made there. It's only been the wicks. So, for now, damn,
484:07 been the wicks. So, for now, damn, that's crazy. You guys see this right
484:08 that's crazy. You guys see this right here? These are notes from 2022 that I
484:11 here? These are notes from 2022 that I put here on Trading View. Monthly
484:13 put here on Trading View. Monthly bullish
484:14 bullish on June 20th. So, that is literally
484:18 on June 20th. So, that is literally three years ago.
484:20 three years ago. Jesus. I've been doing this for a long
484:22 Jesus. I've been doing this for a long [ __ ] time. And some people in their
484:25 [ __ ] time. And some people in their first week, they want to quit. Isn't
484:26 first week, they want to quit. Isn't that crazy? USD card. Look at that. A
484:29 that crazy? USD card. Look at that. A round of applause, ladies and gentlemen.
484:31 round of applause, ladies and gentlemen. A round of applause.
484:34 A round of applause. USD CAD wicked out and flew to our take
484:37 USD CAD wicked out and flew to our take profit for a one to four. Wow. We got
484:42 profit for a one to four. Wow. We got [ __ ] diddied. D diddi straight
484:44 [ __ ] diddied. D diddi straight diddled the [ __ ] out of us here. I can't
484:46 diddled the [ __ ] out of us here. I can't believe it. I'm I'm I'm totally lying. I
484:49 believe it. I'm I'm I'm totally lying. I totally believe it. I saw it. I saw it.
484:51 totally believe it. I saw it. I saw it. I didn't see it coming, but it is what
484:54 I didn't see it coming, but it is what it is. As soon as I got wicked out, I'm
484:55 it is. As soon as I got wicked out, I'm like, "Oh, there it goes. It's going to
484:56 like, "Oh, there it goes. It's going to go straight to my take profit." Now, I
484:57 go straight to my take profit." Now, I had to do that in order to go to my
484:59 had to do that in order to go to my takerit. Beautiful trade. I'll take this
485:01 takerit. Beautiful trade. I'll take this 10 out of 10 times. A lot of people are
485:03 10 out of 10 times. A lot of people are always focused on how to avoiding these
485:06 always focused on how to avoiding these wickouts, and these wickouts are
485:07 wickouts, and these wickouts are inevitable. The only way to avoid these
485:09 inevitable. The only way to avoid these wickouts are very easy, ladies and
485:11 wickouts are very easy, ladies and gentlemen. You want to avoid a wick out,
485:12 gentlemen. You want to avoid a wick out, don't trade. That's all I can say. If
485:15 don't trade. That's all I can say. If you're scared of getting wicked out in
485:16 you're scared of getting wicked out in the markets, don't even get involved.
485:19 the markets, don't even get involved. When you get to the market, you're prone
485:20 When you get to the market, you're prone to the risk and you're also exposed to
485:22 to the risk and you're also exposed to the reward. If you want the reward, you
485:24 the reward. If you want the reward, you simply have to be ready to take the
485:26 simply have to be ready to take the risk. Sometimes it's [ __ ] Yes,
485:27 risk. Sometimes it's [ __ ] Yes, trust me, it is. It's part of the game.
485:29 trust me, it is. It's part of the game. But you know what isn't [ __ ] That
485:32 But you know what isn't [ __ ] That you forget to place a takerit and
485:34 you forget to place a takerit and instead of it being a 1 to2, it goes to
485:36 instead of it being a 1 to2, it goes to a 1 to7. That's happened to me before.
485:38 a 1 to7. That's happened to me before. And I don't know about you, but I don't
485:40 And I don't know about you, but I don't complain in those scenarios.
485:43 complain in those scenarios. Free money, right? But I get it. Some
485:45 Free money, right? But I get it. Some people want to only focus on the
485:47 people want to only focus on the negative aspect of trading, which are
485:50 negative aspect of trading, which are wickouts like this, but never realize
485:53 wickouts like this, but never realize the reward and the positive exposure
485:56 the reward and the positive exposure that you're put out there when you
485:57 that you're put out there when you actually take these trades. So, just put
485:59 actually take these trades. So, just put those things into perspective when you
486:00 those things into perspective when you actually go execute a trade. Yes. Can
486:02 actually go execute a trade. Yes. Can you get wicked out? Yes. Is it
486:04 you get wicked out? Yes. Is it avoidable? Yes. Don't take the trade.
486:07 avoidable? Yes. Don't take the trade. Simple. So, USD CAD, very clean trade
486:10 Simple. So, USD CAD, very clean trade for now. I'm not interested.
486:13 for now. I'm not interested. NZD CAD right now we are cooking up the
486:15 NZD CAD right now we are cooking up the perfect left head right shoulder waiting
486:17 perfect left head right shoulder waiting for this break and retest of this
486:19 for this break and retest of this neckline daily has had a very strong
486:22 neckline daily has had a very strong bearish pin bar currently accumulating
486:24 bearish pin bar currently accumulating at this area and there's not really much
486:27 at this area and there's not really much that we can do other than just set and
486:29 that we can do other than just set and forget I'm going to put an alarm here at
486:30 forget I'm going to put an alarm here at the neckline to let me know once and if
486:32 the neckline to let me know once and if it does break it but yeah I can't really
486:34 it does break it but yeah I can't really take a trade until it doesn't do that
486:35 take a trade until it doesn't do that and Euro JPY uh looks like it's having
486:38 and Euro JPY uh looks like it's having the move but I'm not really that
486:39 the move but I'm not really that interested in it for now NZDUSD is our
486:42 interested in it for now NZDUSD is our priority
486:43 priority Euro GBP and NZDCAD. So, it's only
486:48 Euro GBP and NZDCAD. So, it's only Tuesday. We're already up $120,000.
486:53 Tuesday. We're already up $120,000. And uh I can see another trade. A lot of
486:55 And uh I can see another trade. A lot of people think that, oh, swing trading,
486:56 people think that, oh, swing trading, day trading is hard. It's not. It's
486:58 day trading is hard. It's not. It's actually super easy because when you're
487:00 actually super easy because when you're taking trades that have high probability
487:02 taking trades that have high probability trade setups, you know, they they tend
487:04 trade setups, you know, they they tend to take their time to move in in their
487:06 to take their time to move in in their direction. For me, holding a trade
487:07 direction. For me, holding a trade anywhere for two to three days is a lot
487:09 anywhere for two to three days is a lot more logical if the probabilities are
487:12 more logical if the probabilities are there rather than scalpers that they
487:13 there rather than scalpers that they want to enter in and out of a trade in
487:15 want to enter in and out of a trade in an hour and know if they won or if they
487:17 an hour and know if they won or if they lost. Well, you're probably going to
487:18 lost. Well, you're probably going to lose more because the odds of a trade
487:21 lose more because the odds of a trade getting wicked out on the lower time
487:22 getting wicked out on the lower time frame is a lot higher compared to the
487:23 frame is a lot higher compared to the higher time frame. People always trade
487:24 higher time frame. People always trade in the lower time frames for whatever
487:27 in the lower time frames for whatever reason because I want the trades to be
487:28 reason because I want the trades to be fast, but that's never going to lead
487:29 fast, but that's never going to lead them to be profitable. I don't know. I'm
487:31 them to be profitable. I don't know. I'm just ranting at this point. Let's check
487:33 just ranting at this point. Let's check back in in a couple of hours for London
487:34 back in in a couple of hours for London session and let's see what happens.
487:41 Oh my [Laughter]
487:43 [Laughter] what the [ __ ] Oh my
487:48 what the [ __ ] Oh my god.
487:50 god. [Laughter]
487:55 [Laughter] Yo, what the [ __ ]
487:58 Yo, what the [ __ ] bro?
488:00 bro? What the [ __ ] We are up right now.
488:05 What the [ __ ] We are up right now. Yo, you can't make this [ __ ] up, bro. We
488:08 Yo, you can't make this [ __ ] up, bro. We are now up $330,000
488:17 off the same [ __ ] trade. Oh my god. Yo, I was literally going to I just got
488:19 Yo, I was literally going to I just got out the shower and I was like, "Yo, let
488:20 out the shower and I was like, "Yo, let me go back and do the trade update."
488:22 me go back and do the trade update." Saying that, "All right, for London
488:24 Saying that, "All right, for London session, I'm just going to decide to
488:25 session, I'm just going to decide to continue to hold." Holy [ __ ]
488:30 continue to hold." Holy [ __ ] Oh my god.
488:37 Oh, what the [ __ ] is going on?
488:41 what the [ __ ] is going on? Yo
488:42 Yo yo NZD CAD, we're waiting for the break
488:45 yo NZD CAD, we're waiting for the break and retest of the money line. Oh my god,
488:48 and retest of the money line. Oh my god, bro. We had the whole move already.
488:51 bro. We had the whole move already. Oh my god.
488:53 Oh my god. Yo, what happened? Was there some news?
489:02 What the [ __ ] 1000 p.m. What the I mean, ladies and gentlemen,
489:06 What the I mean, ladies and gentlemen, trade update. We're [ __ ] lit.
489:15 Yo, we're up $337,000. $340,000.
489:16 $340,000. You can't make this [ __ ] up. You guys
489:18 You can't make this [ __ ] up. You guys have seen the whole entire process of
489:19 have seen the whole entire process of this trade. Oh, I'm buying some crazy
489:22 this trade. Oh, I'm buying some crazy [ __ ] That's it. I'm buying it. I I I'm
489:23 [ __ ] That's it. I'm buying it. I I I'm I'm I'm going to buy another Bugatti. I
489:26 I'm I'm going to buy another Bugatti. I I I I gotta do something, bro. I just
489:28 I I I gotta do something, bro. I just made a $350,000.
489:31 made a $350,000. Wow. Well, ladies and gentlemen, that
489:33 Wow. Well, ladies and gentlemen, that for you is a [ __ ] perfect example.
489:35 for you is a [ __ ] perfect example. Yo, hold on. Hold on. I got to I got to
489:39 Yo, hold on. Hold on. I got to I got to Yo, I'm going to put this [ __ ] on
489:40 Yo, I'm going to put this [ __ ] on Twitter right now. All the haters are
489:42 Twitter right now. All the haters are going to [ __ ] hate this [ __ ] Oh,
489:45 going to [ __ ] hate this [ __ ] Oh, bro. I I I'm literally in shock. I'm in
489:47 bro. I I I'm literally in shock. I'm in shock right now. I'm in shock. I did not
489:49 shock right now. I'm in shock. I did not expect this going to sleep right now. I
489:50 expect this going to sleep right now. I was literally going to go to bed early
489:52 was literally going to go to bed early to wake up early. Bro, this is insane.
489:56 to wake up early. Bro, this is insane. All right, I'm going to focus. Ladies
489:58 All right, I'm going to focus. Ladies and gentlemen, market update. NZDUSD
490:01 and gentlemen, market update. NZDUSD take profit fully officially [ __ ]
490:03 take profit fully officially [ __ ] hit. I am definitely going to close
490:05 hit. I am definitely going to close this. It It could still continue to go
490:07 this. It It could still continue to go down, but I will be closing this in the
490:08 down, but I will be closing this in the next 30 40 minutes. I have no intention
490:11 next 30 40 minutes. I have no intention to continue to hold this. It's gone way
490:14 to continue to hold this. It's gone way past my takeprofit and I am not going to
490:16 past my takeprofit and I am not going to be greedy. I am going to know exactly
490:18 be greedy. I am going to know exactly like I know exactly what I'm doing here,
490:20 like I know exactly what I'm doing here, right? I'm going to just take my profits
490:22 right? I'm going to just take my profits and close it out. We're at more than I
490:24 and close it out. We're at more than I want to two. This is the situation where
490:26 want to two. This is the situation where you cannot get greedy. Let me post all
490:28 you cannot get greedy. Let me post all this [ __ ] on social media real quick and
490:30 this [ __ ] on social media real quick and I'll be right back. All right, give me a
490:31 I'll be right back. All right, give me a second. All right, boys. Update. So, I
490:35 second. All right, boys. Update. So, I officially closed the trade right now.
490:37 officially closed the trade right now. So, we closed the trade at
490:41 So, we closed the trade at Jesus. We closed the trade at
490:45 Jesus. We closed the trade at $396,000
490:51 in profit. Can you guys see that right there? $349,000
490:58 in profit. Sorry. Can't forget that mother, bro. [ __ ]
491:01 mother, bro. [ __ ] this [ __ ] man.
491:03 this [ __ ] man. Hi. You think I I see you. Come here.
491:05 Hi. You think I I see you. Come here. Come here. Come here. Come here, you
491:08 Come here. Come here. Come here, you [ __ ] Yeah. Yeah. [ __ ] with me.
491:11 [ __ ] Yeah. Yeah. [ __ ] with me. All right. [ __ ] with me one more time
491:13 All right. [ __ ] with me one more time and see what the [ __ ] goes down. All
491:15 and see what the [ __ ] goes down. All right. [ __ ] [ __ ]
491:26 But on a serious note, this is an absolute phenomenon of a trade. This is
491:28 absolute phenomenon of a trade. This is a beautiful a perfect trade setup.
491:31 a beautiful a perfect trade setup. Cannot ask for more. I literally closed
491:33 Cannot ask for more. I literally closed right at the bottom here at a one to
491:34 right at the bottom here at a one to five risk-to-reward. Do I think this is
491:36 five risk-to-reward. Do I think this is going to continue to go down? Yes. But
491:39 going to continue to go down? Yes. But wow, that was a great trade. I am going
491:41 wow, that was a great trade. I am going to be honest, ladies and gentlemen.
491:44 to be honest, ladies and gentlemen. I'm not trying to trade for the rest of
491:45 I'm not trying to trade for the rest of the week. I'm I'm good. I'm good.
491:48 the week. I'm I'm good. I'm good. Like I'm literally good. This is insane.
491:58 This is insane. This is insane. This is insane. This is insane. Wow. So, all I
492:02 insane. This is insane. Wow. So, all I can say, ladies and gentlemen, at this
492:03 can say, ladies and gentlemen, at this point is I hope you guys enjoyed this
492:05 point is I hope you guys enjoyed this video. Trades like these are the ones
492:08 video. Trades like these are the ones that turn a somewhat profitable month
492:11 that turn a somewhat profitable month into a very profitable month. You can't
492:14 into a very profitable month. You can't anticipate for one to five
492:17 anticipate for one to five risk-to-reward trades to come. You can't
492:19 risk-to-reward trades to come. You can't anticipate for massive moves like this.
492:22 anticipate for massive moves like this. All you could anticipate is how you're
492:25 All you could anticipate is how you're going to react when the market gets to
492:27 going to react when the market gets to your one to two risk-to-reward profit,
492:29 your one to two risk-to-reward profit, how mine was, and then you make the
492:32 how mine was, and then you make the decision to determine if you want to
492:34 decision to determine if you want to continue to hold or not. That is the
492:36 continue to hold or not. That is the only thing you can anticipate. That is
492:38 only thing you can anticipate. That is the only thing you can prepare for. You
492:40 the only thing you can prepare for. You cannot prepare for anything else. That
492:42 cannot prepare for anything else. That is the only thing you need to focus on
492:45 is the only thing you need to focus on as a trader. What you're going to do
492:48 as a trader. What you're going to do when it comes to decision making with
492:49 when it comes to decision making with the market gets to a position like the
492:51 the market gets to a position like the one that it just did right now. Are you
492:53 one that it just did right now. Are you going to decide to hold or are you going
492:55 going to decide to hold or are you going to decide to close? Now, regardless of
492:58 to decide to close? Now, regardless of the outcome, let's say if I did close
493:01 the outcome, let's say if I did close this position at that point right there
493:03 this position at that point right there and this market did this 1 second after
493:07 and this market did this 1 second after I closed it, would I have been mad?
493:10 I closed it, would I have been mad? Of course, right? I'm human. But you
493:12 Of course, right? I'm human. But you know what I would have done? I would
493:13 know what I would have done? I would have gone back to sleep and then I would
493:15 have gone back to sleep and then I would have just pretended like it never
493:17 have just pretended like it never happened the next night. 90% of you guys
493:19 happened the next night. 90% of you guys would be dreading on those profits for
493:22 would be dreading on those profits for weeks, months, and that what it does is
493:25 weeks, months, and that what it does is that it gives you this constant negative
493:27 that it gives you this constant negative energy approaching the market. And it
493:30 energy approaching the market. And it will no matter what affect your decision
493:32 will no matter what affect your decision to the next trade. And that is what you
493:35 to the next trade. And that is what you need to control. That is what you need
493:36 need to control. That is what you need to master. how you're going to react
493:38 to master. how you're going to react based off the decision that you make.
493:41 based off the decision that you make. Cuz if I decided to close that position,
493:45 Cuz if I decided to close that position, I need to be okay with the outcome,
493:46 I need to be okay with the outcome, whether it went back to break even or
493:48 whether it went back to break even or whether it did what it did. And if it if
493:50 whether it did what it did. And if it if I decided to hold and now I reap the
493:52 I decided to hold and now I reap the benefits of taking that risk, now I have
493:55 benefits of taking that risk, now I have to be ready to control my emotions. I
493:57 to be ready to control my emotions. I have to be ready and say, you know what,
493:59 have to be ready and say, you know what, I'm done for the week. or if the next
494:01 I'm done for the week. or if the next trade that I'm going to take, is it a
494:03 trade that I'm going to take, is it a logical trade idea or am I just making
494:05 logical trade idea or am I just making an impulsive move because I just made a
494:06 an impulsive move because I just made a lot of money and I want to make more
494:08 lot of money and I want to make more money. If you notice, the first thing I
494:09 money. If you notice, the first thing I said as soon as I got back on here is
494:11 said as soon as I got back on here is I'm done trading for the week cuz I know
494:13 I'm done trading for the week cuz I know myself. I know that now I feel like the
494:15 myself. I know that now I feel like the [ __ ] and I want to go make another 300
494:18 [ __ ] and I want to go make another 300 and close off at a million dollar week.
494:20 and close off at a million dollar week. But I'm not going to do that right now.
494:22 But I'm not going to do that right now. I'm not prepared for that. I those
494:24 I'm not prepared for that. I those weren't my intentions for this week. My
494:26 weren't my intentions for this week. My intentions for this week were 200 max
494:28 intentions for this week were 200 max and I surpassed that. So, I know myself
494:30 and I surpassed that. So, I know myself and I stay true to my plan and my rules
494:32 and I stay true to my plan and my rules and that's why I'm at the position where
494:34 and that's why I'm at the position where I am. And that's probably the best piece
494:36 I am. And that's probably the best piece of advice that I can give you right now.
494:37 of advice that I can give you right now. All right. So, you guys just saw me
494:38 All right. So, you guys just saw me break down that big trade that I took a
494:41 break down that big trade that I took a couple of weeks ago. And you guys saw
494:44 couple of weeks ago. And you guys saw different ways of how I actually react
494:46 different ways of how I actually react to the market when it does certain
494:48 to the market when it does certain moves. You guys probably saw some
494:49 moves. You guys probably saw some terminologies that I've explained a
494:52 terminologies that I've explained a little bit deeply inside of this class.
494:53 little bit deeply inside of this class. other ones that I might have said over
494:55 other ones that I might have said over the top like you know previous structure
494:57 the top like you know previous structure point um some types of shift to
494:59 point um some types of shift to structure but it all comes down to the
495:01 structure but it all comes down to the core foundation of what I have taught
495:03 core foundation of what I have taught you guys in this video right here
495:06 you guys in this video right here everything that I have taught you guys
495:07 everything that I have taught you guys in this video is exactly what you need
495:10 in this video is exactly what you need to be able to understand that market
495:12 to be able to understand that market that I broke down 80%. The other 20% is
495:17 that I broke down 80%. The other 20% is just simply based off of experience and
495:20 just simply based off of experience and then actually having a bit more
495:22 then actually having a bit more knowledge when it comes to defining the
495:23 knowledge when it comes to defining the core points of my strategy, which is
495:26 core points of my strategy, which is like how to basically tie up all these
495:28 like how to basically tie up all these other extra confirmations, extra shifts
495:30 other extra confirmations, extra shifts of structure, putting into intertwined
495:33 of structure, putting into intertwined smaller areas of interest, a certain
495:35 smaller areas of interest, a certain type of engulfing after a certain time
495:37 type of engulfing after a certain time frame. These are all things that you're
495:38 frame. These are all things that you're going to learn with time. But if you
495:40 going to learn with time. But if you notice the whole entire breakdown of the
495:42 notice the whole entire breakdown of the strategy, everything of that trade that
495:44 strategy, everything of that trade that I took was based off of trend, was based
495:47 I took was based off of trend, was based off of an area of interest, a pattern,
495:49 off of an area of interest, a pattern, which is head and shoulders, and then my
495:51 which is head and shoulders, and then my entry signal. So, I had to be extremely
495:53 entry signal. So, I had to be extremely patient when it came to actually
495:55 patient when it came to actually executing this trade as you guys can
495:57 executing this trade as you guys can tell. And when it came to the
495:58 tell. And when it came to the take-profit placement, I had to be
496:00 take-profit placement, I had to be extremely patient and almost a little
496:02 extremely patient and almost a little bit lucky to actually capitalize off of
496:04 bit lucky to actually capitalize off of it more than I should have. Now, a very
496:06 it more than I should have. Now, a very important thing when it comes to that
496:08 important thing when it comes to that type of trading is that you obviously
496:10 type of trading is that you obviously are as unemotional as you possibly can.
496:13 are as unemotional as you possibly can. Sometimes I overreact a little bit for
496:15 Sometimes I overreact a little bit for the camera. Sometimes I generally do
496:17 the camera. Sometimes I generally do feel like that. But that doesn't let me
496:21 feel like that. But that doesn't let me that doesn't affect my actual execution
496:23 that doesn't affect my actual execution of the trade or the way I manage it.
496:25 of the trade or the way I manage it. Like I follow a very strict plan. I
496:27 Like I follow a very strict plan. I enter my trade. I get out when it hits
496:28 enter my trade. I get out when it hits either my stop loss or my takerit.
496:30 either my stop loss or my takerit. whether I'm up a certain amount of money
496:32 whether I'm up a certain amount of money for the day or whether I'm down a
496:34 for the day or whether I'm down a certain money for the week or for the
496:35 certain money for the week or for the month. I have pre-calculated the risk
496:38 month. I have pre-calculated the risk before I enter the trade and I have a
496:41 before I enter the trade and I have a full understanding of the position that
496:42 full understanding of the position that I'm in which is the most important part
496:44 I'm in which is the most important part in trading is literally understanding
496:46 in trading is literally understanding the position that you are interested in
496:48 the position that you are interested in taking. A lot of traders once again
496:50 taking. A lot of traders once again don't know what type of a position
496:52 don't know what type of a position they're actually interested in entering
496:54 they're actually interested in entering into the market. And that leads me to
496:57 into the market. And that leads me to the next point, which is how to actually
497:00 the next point, which is how to actually do what I did, right? Make a lot of
497:02 do what I did, right? Make a lot of money when it comes to trading. And you
497:04 money when it comes to trading. And you can know the strategy all the way to the
497:06 can know the strategy all the way to the end. You can perfect it exactly how I've
497:08 end. You can perfect it exactly how I've perfected it over the last four years.
497:10 perfected it over the last four years. But if you don't have a significant
497:13 But if you don't have a significant amount of funds, you're simply not going
497:15 amount of funds, you're simply not going to make it in trading. Like I'm talking
497:16 to make it in trading. Like I'm talking about you can literally learn the
497:17 about you can literally learn the strategy, have all the experience in the
497:19 strategy, have all the experience in the world, but if you don't have the proper
497:22 world, but if you don't have the proper funds or the proper way on how to manage
497:24 funds or the proper way on how to manage these funds, it means absolutely
497:26 these funds, it means absolutely nothing. In my trading journey, it took
497:29 nothing. In my trading journey, it took me about
497:31 me about a year and a half to understand the
497:33 a year and a half to understand the market, 70% of how I know it now. The
497:36 market, 70% of how I know it now. The other 30% of how I know it now is just
497:38 other 30% of how I know it now is just more intuition and a lot of experience.
497:40 more intuition and a lot of experience. But the core foundation of understanding
497:41 But the core foundation of understanding everything I've taught you in this video
497:44 everything I've taught you in this video took me about a year and a half. It took
497:46 took me about a year and a half. It took me about another year just to learn how
497:49 me about another year just to learn how to actually manage the money and how to
497:52 to actually manage the money and how to scale it. One thing is reading the
497:54 scale it. One thing is reading the charts and then another thing is
497:56 charts and then another thing is actually trading with real money behind
497:58 actually trading with real money behind it. The best example, the best analogy I
498:00 it. The best example, the best analogy I can put is like going to go hunting,
498:02 can put is like going to go hunting, right? You can know everything about the
498:04 right? You can know everything about the forest, right? All the animals that are
498:06 forest, right? All the animals that are inside of the forest. You can know all
498:08 inside of the forest. You can know all the possible trees. You can know exactly
498:10 the possible trees. You can know exactly how to load up your weapon. You can
498:13 how to load up your weapon. You can clean it. You can align it. You can
498:14 clean it. You can align it. You can polish it in the shooting range.
498:16 polish it in the shooting range. Everything could be great. And you know
498:18 Everything could be great. And you know exactly how to make the noises to
498:20 exactly how to make the noises to attract the animals. All the preparation
498:22 attract the animals. All the preparation of going to go hunt. You know it
498:25 of going to go hunt. You know it perfectly. But at the point of actually
498:27 perfectly. But at the point of actually executing and pulling the trigger once
498:30 executing and pulling the trigger once you see the animal on your scope is a
498:34 you see the animal on your scope is a completely different scenario prior to
498:37 completely different scenario prior to everything that you've done. you can
498:38 everything that you've done. you can analyze the markets perfectly. You can
498:41 analyze the markets perfectly. You can actually have the strategy to the tea,
498:43 actually have the strategy to the tea, but actually executing that trade with
498:45 but actually executing that trade with the proper risk management is where most
498:48 the proper risk management is where most traders fail. Now, there's times where
498:51 traders fail. Now, there's times where they execute things correctly and
498:53 they execute things correctly and there's other times where they execute
498:54 there's other times where they execute things incorrectly and then there's an
498:56 things incorrectly and then there's an unconsistency in their results. Perfect
498:59 unconsistency in their results. Perfect example, back to the shooting analogy or
499:01 example, back to the shooting analogy or the hunting analogy. Let's say the first
499:02 the hunting analogy. Let's say the first time you go shoot an animal uh or the
499:05 time you go shoot an animal uh or the first time you go hunt, you actually hit
499:07 first time you go hunt, you actually hit your target and it's a success. It
499:10 your target and it's a success. It that's going to give you a bit of a
499:11 that's going to give you a bit of a boost of confidence. So, your next time
499:13 boost of confidence. So, your next time around to come hunt, you might not have
499:16 around to come hunt, you might not have extra extra bullets. You might not
499:19 extra extra bullets. You might not actually have your camouflage on. You
499:21 actually have your camouflage on. You maybe have a smaller scope or you don't
499:23 maybe have a smaller scope or you don't take as long to get the proper aim. And
499:25 take as long to get the proper aim. And then on that next shot, you actually
499:27 then on that next shot, you actually miss your target. Well, then that's
499:28 miss your target. Well, then that's going to decrease your confidence on the
499:32 going to decrease your confidence on the third shot. Come the third shot, now
499:33 third shot. Come the third shot, now you're overthinking everything. You're
499:35 you're overthinking everything. You're overp preppering. And then guess what?
499:37 overp preppering. And then guess what? You make too much noise. There's too
499:39 You make too much noise. There's too much going on. And then the animals
499:40 much going on. And then the animals don't come. And then you scare them as a
499:42 don't come. And then you scare them as a whole. Now you're just a frustrated
499:44 whole. Now you're just a frustrated hunter. And then you basically end up
499:45 hunter. And then you basically end up hating the sport because you found
499:47 hating the sport because you found success at the beginning. And then what
499:49 success at the beginning. And then what ended up happening is that there was an
499:51 ended up happening is that there was an inconsistency on that success at the
499:53 inconsistency on that success at the beginning. And then you basically just
499:55 beginning. And then you basically just gave up on it as a whole. That's what
499:57 gave up on it as a whole. That's what happens to a lot of traders. Traders
499:59 happens to a lot of traders. Traders come into the markets, they might see a
500:00 come into the markets, they might see a little bit of money because they either
500:02 little bit of money because they either got lucky or made the right decision,
500:04 got lucky or made the right decision, but then they get way too confident.
500:05 but then they get way too confident. Then they start getting way too
500:07 Then they start getting way too comfortable and then they start being
500:09 comfortable and then they start being unconsistent with correct things and
500:12 unconsistent with correct things and then they start getting too deep into
500:13 then they start getting too deep into their head and now they enter this
500:14 their head and now they enter this negative spiral or even overthinking and
500:17 negative spiral or even overthinking and they have all of these opportunities
500:18 they have all of these opportunities constantly being missed right in front
500:20 constantly being missed right in front of their face. And this what ended up
500:22 of their face. And this what ended up leading into is traders just quitting
500:24 leading into is traders just quitting trading and they don't end up continuing
500:26 trading and they don't end up continuing with this journey. Now this is a very
500:28 with this journey. Now this is a very very very common mistake of traders in
500:31 very very common mistake of traders in any part of their journey and with any
500:33 any part of their journey and with any part of the strategy and it's the risk
500:35 part of the strategy and it's the risk management and the money management
500:37 management and the money management side. I personally myself I think I've
500:39 side. I personally myself I think I've had one of the most legendary flips in
500:41 had one of the most legendary flips in the industry which is turning a $100
500:43 the industry which is turning a $100 into a million. And a lot of people know
500:45 into a million. And a lot of people know me for this, but they don't know the
500:47 me for this, but they don't know the preparation, the experience, and how
500:49 preparation, the experience, and how many times I actually attempted to do
500:51 many times I actually attempted to do this. Like, this was not an easy task. I
500:53 this. Like, this was not an easy task. I attempted to turn a h 100red into a
500:55 attempted to turn a h 100red into a million. I think it took me a year and a
500:56 million. I think it took me a year and a half to actually complete this. I
500:58 half to actually complete this. I attempted it one time after failing like
501:01 attempted it one time after failing like five times. I took the account from $100
501:04 five times. I took the account from $100 to about $330,000.
501:06 to about $330,000. And in one single week, I completely
501:08 And in one single week, I completely blew the whole entire account. I took
501:10 blew the whole entire account. I took about a threemonth break and then I come
501:12 about a threemonth break and then I come back and I document the whole entire
501:14 back and I document the whole entire journey again. Literally showing you
501:16 journey again. Literally showing you guys as transparent as it can possibly
501:18 guys as transparent as it can possibly be the before, the during, the after of
501:20 be the before, the during, the after of every single position exactly how I have
501:22 every single position exactly how I have just done in this last position right
501:24 just done in this last position right here that I have just broken down. I did
501:26 here that I have just broken down. I did the exact same thing when I was taking
501:28 the exact same thing when I was taking the 100 bucks into the mill. And if
501:31 the 100 bucks into the mill. And if there's something that I learned in that
501:33 there's something that I learned in that journey more than ever and what actually
501:35 journey more than ever and what actually led me to the success, it's not the
501:37 led me to the success, it's not the decision making behind the trade, it's
501:40 decision making behind the trade, it's the decision-m behind the actual trade
501:43 the decision-m behind the actual trade management and the risk management. When
501:45 management and the risk management. When is the right time to hold the trade?
501:47 is the right time to hold the trade? When is it not? When is the right time
501:48 When is it not? When is the right time to risk more? When is it not? And that
501:51 to risk more? When is it not? And that is all based off of my clarity when it
501:54 is all based off of my clarity when it comes to the charts because I know how
501:56 comes to the charts because I know how to read the charts. I don't need to read
501:59 to read the charts. I don't need to read more of the charts. Like everything that
502:01 more of the charts. Like everything that I've taught you is everything you need
502:03 I've taught you is everything you need to know trading. I'm just repeating
502:05 to know trading. I'm just repeating myself at this point, but it's how I am
502:09 myself at this point, but it's how I am mentally when I'm going to go read these
502:10 mentally when I'm going to go read these charts. Did I just go have a bad day at
502:12 charts. Did I just go have a bad day at work? Did I just have go a great day at
502:14 work? Did I just have go a great day at work? Am I just looking to make some
502:16 work? Am I just looking to make some profit because I I couldn't work this
502:19 profit because I I couldn't work this week? Or am I just looking to double up
502:21 week? Or am I just looking to double up from the profits from last week? am I
502:22 from the profits from last week? am I looking to catch like everything is how
502:24 looking to catch like everything is how am I as a person when I am actually
502:27 am I as a person when I am actually going to do this trade management or do
502:29 going to do this trade management or do this account flipper scale. So what I'm
502:31 this account flipper scale. So what I'm going to be breaking down for you guys
502:32 going to be breaking down for you guys right now is exactly how I took the
502:35 right now is exactly how I took the hundred bucks into a mill successfully
502:37 hundred bucks into a mill successfully and unsuccessfully. The first time that
502:39 and unsuccessfully. The first time that I did it and then the second time that I
502:41 I did it and then the second time that I did it. I'm going to break down the risk
502:42 did it. I'm going to break down the risk management behind every single one of
502:45 management behind every single one of these trades that I did. And you guys
502:46 these trades that I did. And you guys can go see this challenge for yourself.
502:48 can go see this challenge for yourself. I think there's a 10, 12, 13 part
502:50 I think there's a 10, 12, 13 part series. It took me about 3 and 1/2
502:52 series. It took me about 3 and 1/2 months, nearly 4 months when I actually
502:54 months, nearly 4 months when I actually completed it. And I have a full series
502:56 completed it. And I have a full series here on my YouTube channel. You guys can
502:57 here on my YouTube channel. You guys can go ahead and go watch it if you'd like.
502:59 go ahead and go watch it if you'd like. But I'm going to summarize everything on
503:02 But I'm going to summarize everything on this video right now. So, let me break
503:03 this video right now. So, let me break it down for you guys. All right. So, I'm
503:05 it down for you guys. All right. So, I'm going to break down to you guys the
503:06 going to break down to you guys the exact math that I used to take the 100
503:09 exact math that I used to take the 100 bucks into the mail. Now, I'm going to
503:10 bucks into the mail. Now, I'm going to make this extremely clear right now. I
503:11 make this extremely clear right now. I am not a financial adviser. I'm not here
503:13 am not a financial adviser. I'm not here giving you legal advice. I'm just
503:15 giving you legal advice. I'm just letting you know how I did this. And uh
503:17 letting you know how I did this. And uh I had some
503:19 I had some great experiences at times and then some
503:21 great experiences at times and then some other times it was not so great. And my
503:23 other times it was not so great. And my decision-m and my actual trade
503:25 decision-m and my actual trade management is what led me to completing
503:27 management is what led me to completing my challenge of taking a 100 bucks into
503:29 my challenge of taking a 100 bucks into a mill, right? But just want to make
503:30 a mill, right? But just want to make sure it's not financial advice. I trying
503:32 sure it's not financial advice. I trying to educate you guys on how I did it
503:34 to educate you guys on how I did it personally myself. So when people think
503:37 personally myself. So when people think or people hear of me taking a $100 into
503:40 or people hear of me taking a $100 into a mill, the first thing immediate red
503:41 a mill, the first thing immediate red flag is like impossible. It is fake. It
503:44 flag is like impossible. It is fake. It is not true. And I'm going to be honest.
503:46 is not true. And I'm going to be honest. I did not take a $100 into a million.
503:49 I did not take a $100 into a million. That is actually impossible. And I am
503:51 That is actually impossible. And I am here saying this on the record. There is
503:54 here saying this on the record. There is no humanly possible way that I took one
503:58 no humanly possible way that I took one singular $100 bill into a million. That
504:01 singular $100 bill into a million. That is just not possible. But what I did do
504:04 is just not possible. But what I did do is that I did take the $100 into about
504:08 is that I did take the $100 into about $400. And then I did take these $400
504:12 $400. And then I did take these $400 into about $3,200.
504:15 into about $3,200. And then I did end up taking these
504:17 And then I did end up taking these $3,200
504:18 $3,200 into about $8,000.
504:21 into about $8,000. And then I know I was at break even with
504:24 And then I know I was at break even with these $8,000 for roughly, let's call it,
504:27 these $8,000 for roughly, let's call it, two weeks. But then I took this $8,000
504:30 two weeks. But then I took this $8,000 into about $15,000.
504:33 into about $15,000. Then I took these $15,000 from what I
504:36 Then I took these $15,000 from what I remember, I think it was around $30,000.
504:39 remember, I think it was around $30,000. after taking these 15 to 30,000. Then I
504:42 after taking these 15 to 30,000. Then I know I lost it back to I think I think
504:44 know I lost it back to I think I think it was 17,000 more or less. Then I took
504:47 it was 17,000 more or less. Then I took these 17,000 all the way up to about 55
504:52 these 17,000 all the way up to about 55 and then going from 55 everything was
504:55 and then going from 55 everything was pretty much history, right? We go from
504:57 pretty much history, right? We go from 55 to about 100, 100 to 300 and then the
505:01 55 to about 100, 100 to 300 and then the 300 we just finish it off on a full live
505:04 300 we just finish it off on a full live session. At no point did I ever take one
505:09 session. At no point did I ever take one singular $100 bill to a million. What I
505:12 singular $100 bill to a million. What I ended up doing is I am constantly
505:15 ended up doing is I am constantly scaling and flipping this current
505:18 scaling and flipping this current account balance to this, then this
505:20 account balance to this, then this current account balance to then this,
505:22 current account balance to then this, this to this, this to this, and then it
505:23 this to this, this to this, and then it just constantly is scaling to the next
505:26 just constantly is scaling to the next level where my end goal was to scale all
505:29 level where my end goal was to scale all the way to a million dollars. and me
505:32 the way to a million dollars. and me taking this account up to this one and
505:35 taking this account up to this one and then up to this one and then this like
505:36 then up to this one and then this like me taking this 400 bucks into 3200
505:39 me taking this 400 bucks into 3200 taking this 3200 to 8,000 is with the
505:42 taking this 3200 to 8,000 is with the exact strategy that I have just taught
505:43 exact strategy that I have just taught you in this video. There's just one
505:45 you in this video. There's just one thing that led me do this successfully
505:48 thing that led me do this successfully and that is going to be risk management.
505:51 and that is going to be risk management. Risk management is what led me to be
505:54 Risk management is what led me to be able to successfully scale this account
505:56 able to successfully scale this account and it's how I did it. So, I'm going to
505:58 and it's how I did it. So, I'm going to explain to you how I properly did it.
506:00 explain to you how I properly did it. And I'm going to be extremely blunt and
506:02 And I'm going to be extremely blunt and I'm going to be extremely
506:03 I'm going to be extremely straightforward at this very point. I
506:06 straightforward at this very point. I did this because at no giving point was
506:10 did this because at no giving point was this starting balance a significant
506:13 this starting balance a significant amount of money for me. I could have
506:15 amount of money for me. I could have lost the account from this point right
506:17 lost the account from this point right here. And I did when we made it all the
506:19 here. And I did when we made it all the way to 333,000
506:22 way to 333,000 I think or I think it was 308,000 or
506:24 I think or I think it was 308,000 or something like that. I ended up blowing
506:27 something like that. I ended up blowing this 308,000. It was what I had in the
506:31 this 308,000. It was what I had in the balance of my MetaTrader 5. Now, that is
506:34 balance of my MetaTrader 5. Now, that is obviously a lot of money, right? Even at
506:35 obviously a lot of money, right? Even at the point where I am now, I'm extreme.
506:37 the point where I am now, I'm extreme. You know, I've made multiple seven
506:38 You know, I've made multiple seven figures in trading. I recognize that
506:40 figures in trading. I recognize that that's a lot of money. And so, that
506:41 that's a lot of money. And so, that could be life-changing to some people.
506:43 could be life-changing to some people. And some people might have maybe not
506:45 And some people might have maybe not actually gone all the way and they would
506:47 actually gone all the way and they would have probably closed the accounts or,
506:50 have probably closed the accounts or, you know, called it there, right? They
506:51 you know, called it there, right? They would have not made it all the way to a
506:52 would have not made it all the way to a million. But the way that I looked at it
506:55 million. But the way that I looked at it is that I started off with a h 100
506:57 is that I started off with a h 100 bucks. If I lose this $300,000, if I
507:00 bucks. If I lose this $300,000, if I even lose a million dollar out of my own
507:03 even lose a million dollar out of my own pocket, I'm only losing a h 100red
507:05 pocket, I'm only losing a h 100red bucks. So the starting balance to me is
507:08 bucks. So the starting balance to me is not a significant amount of money. So I
507:11 not a significant amount of money. So I am able to have a much more aggressive
507:14 am able to have a much more aggressive approach. And this is something that is
507:17 approach. And this is something that is extremely
507:20 extremely aggressive. This is something that I
507:22 aggressive. This is something that I personally do not recommend for anybody
507:24 personally do not recommend for anybody to do. If you are a beginner, I
507:26 to do. If you are a beginner, I recommend that you actually, you know,
507:28 recommend that you actually, you know, learn trading and then you start with a
507:29 learn trading and then you start with a significant amount of money that does
507:31 significant amount of money that does not mean something to you. So for the
507:33 not mean something to you. So for the first trade, what I always always always
507:36 first trade, what I always always always do is I always risk 100% of the
507:40 do is I always risk 100% of the position. So my first trade to me is
507:44 position. So my first trade to me is simply the most important trade because
507:46 simply the most important trade because you simply need to get out of the hole,
507:48 you simply need to get out of the hole, right? you need to fullport the account
507:50 right? you need to fullport the account until you are not able to risk anymore.
507:52 until you are not able to risk anymore. So, you don't even need to go to your
507:54 So, you don't even need to go to your position size calculator and
507:56 position size calculator and pre-calculate your risk. If you have a
507:58 pre-calculate your risk. If you have a $100 account and you want to buy or sell
508:01 $100 account and you want to buy or sell a market, for example, like the one that
508:03 a market, for example, like the one that I'm in right now, you just simply go to
508:05 I'm in right now, you just simply go to your MetaTrader 5, you click on lots and
508:07 your MetaTrader 5, you click on lots and you just try and put the max possible
508:10 you just try and put the max possible lots that you can. Now, two things are
508:13 lots that you can. Now, two things are going to happen. You're either going to
508:14 going to happen. You're either going to blow the 100 bucks, how I've done tens
508:17 blow the 100 bucks, how I've done tens of times, or you're simply going to then
508:20 of times, or you're simply going to then scale your account to 400, 500, 300,
508:23 scale your account to 400, 500, 300, whatever point where your trade actually
508:25 whatever point where your trade actually hits your takerit. Now, once you get to
508:27 hits your takerit. Now, once you get to this second point, now you're officially
508:29 this second point, now you're officially out of the hole. So, what you can decide
508:31 out of the hole. So, what you can decide to do at this point is either one,
508:33 to do at this point is either one, withdraw your original balance, which is
508:35 withdraw your original balance, which is 100 bucks, and then you're basically
508:37 100 bucks, and then you're basically just playing with the house money at
508:38 just playing with the house money at this point, and you have no risk. So you
508:42 this point, and you have no risk. So you should not have any care for what is
508:44 should not have any care for what is going to happen from this point forward.
508:46 going to happen from this point forward. The money is not yours until it's not in
508:49 The money is not yours until it's not in your bank account. And if it's inside of
508:51 your bank account. And if it's inside of this trading platform that is not your
508:52 this trading platform that is not your bank account, that money is technically
508:54 bank account, that money is technically not yours yet. So you need to treat this
508:56 not yours yet. So you need to treat this with a with a certain approach. I
508:58 with a with a certain approach. I personally myself on the next flip, I
509:00 personally myself on the next flip, I decide to go ahead and then risk 100%.
509:03 decide to go ahead and then risk 100%. Once again, after we then flip this
509:06 Once again, after we then flip this second amount of money to around 3,200,
509:09 second amount of money to around 3,200, here's where I'll decide to slow down a
509:11 here's where I'll decide to slow down a little bit and then put the brakes on.
509:13 little bit and then put the brakes on. I'll either go from 60% to about 50%
509:16 I'll either go from 60% to about 50% risk from this point forward because
509:19 risk from this point forward because we're already around 2 3 weeks ahead,
509:21 we're already around 2 3 weeks ahead, right? Every single one of these account
509:23 right? Every single one of these account flips that you're seeing right here,
509:24 flips that you're seeing right here, these are weeks that are going by. And
509:26 these are weeks that are going by. And to me, 3 weeks is a lot of time. And I
509:30 to me, 3 weeks is a lot of time. And I want to make sure that I'm not doing
509:31 want to make sure that I'm not doing something that it's just going to be a
509:33 something that it's just going to be a waste of time, right? Because time is
509:34 waste of time, right? Because time is money at the end of the day. And if this
509:36 money at the end of the day. And if this were to be happening every day, sure,
509:39 were to be happening every day, sure, like, you know, it's it's a lot easier
509:40 like, you know, it's it's a lot easier to move this percentage up and down. And
509:43 to move this percentage up and down. And I could have been even more aggressive.
509:45 I could have been even more aggressive. But since at this point in the
509:47 But since at this point in the challenge, I'm already on the third
509:49 challenge, I'm already on the third week, I don't want to be a whole entire
509:51 week, I don't want to be a whole entire month doing this challenge for me to
509:54 month doing this challenge for me to just be overly aggressive and then
509:55 just be overly aggressive and then potentially blow the account. That's why
509:57 potentially blow the account. That's why I start to minimize my risk. And all of
510:00 I start to minimize my risk. And all of this is by simply executing one single
510:02 this is by simply executing one single trade. I'm not taking five trades a
510:05 trade. I'm not taking five trades a week. I'm not taking three trades a
510:06 week. I'm not taking three trades a week. I'm not taking I'm literally
510:09 week. I'm not taking I'm literally taking one single trade. what I'm doing
510:12 taking one single trade. what I'm doing and the best analogy I know I have a lot
510:13 and the best analogy I know I have a lot of analogies but the best analogy that I
510:15 of analogies but the best analogy that I can put to this is I am literally a
510:17 can put to this is I am literally a baseball player standing at home base
510:21 baseball player standing at home base and I'm getting pitched a ball every
510:25 and I'm getting pitched a ball every single minute and I'm just standing
510:27 single minute and I'm just standing there on home base and I have endless
510:28 there on home base and I have endless amounts of pitches. The the pitcher is
510:30 amounts of pitches. The the pitcher is just a robot just going to keep throwing
510:31 just a robot just going to keep throwing balls, keep throwing balls and I'm not
510:33 balls, keep throwing balls and I'm not obligated to swing at any point. I'm
510:36 obligated to swing at any point. I'm just there standing at home base waiting
510:38 just there standing at home base waiting for that perfect pitch and I know that
510:43 for that perfect pitch and I know that if I strike I'm out because I'm risking
510:47 if I strike I'm out because I'm risking such a high percentage amount in the
510:48 such a high percentage amount in the account. So I want to make sure if I am
510:51 account. So I want to make sure if I am going to swing it is going to be a
510:54 going to swing it is going to be a perfect pitch and I'm going to be ready
510:56 perfect pitch and I'm going to be ready for that perfect swing. Is there times
510:58 for that perfect swing. Is there times where that perfect pitch has come and
511:01 where that perfect pitch has come and I'm simply tired of standing at home
511:03 I'm simply tired of standing at home base and I don't swing? Yeah, of course.
511:06 base and I don't swing? Yeah, of course. I will not swing until everything does
511:09 I will not swing until everything does not align because I know if I if I
511:12 not align because I know if I if I strike if I miss, I strike out and I'm
511:14 strike if I miss, I strike out and I'm done. I can't continue to play. So, or
511:17 done. I can't continue to play. So, or and in the trading term, you simply blow
511:19 and in the trading term, you simply blow the account and you cannot continue to
511:20 the account and you cannot continue to trade this account. You have to deposit
511:21 trade this account. You have to deposit money again. So, my trade selection when
511:25 money again. So, my trade selection when it came to these trades was extremely
511:28 it came to these trades was extremely precise. I would break down my 10
511:30 precise. I would break down my 10 markets for the week and out of all the
511:32 markets for the week and out of all the 10 markets that I had for the week, I
511:34 10 markets that I had for the week, I would really, really only focus on
511:36 would really, really only focus on three. And out of those three markets, I
511:38 three. And out of those three markets, I would just wait for that one. It had to
511:41 would just wait for that one. It had to be that perfect trade setup that gave me
511:43 be that perfect trade setup that gave me the exact entry signal that I need that
511:45 the exact entry signal that I need that I would be 100% confident that this
511:47 I would be 100% confident that this trade is going to go in my favor. And I
511:50 trade is going to go in my favor. And I would make sure that if I am 100% wrong
511:54 would make sure that if I am 100% wrong on this position, I am totally okay with
511:56 on this position, I am totally okay with it. I am totally okay if I give my all
511:59 it. I am totally okay if I give my all on this swing that I strike out. Right?
512:01 on this swing that I strike out. Right? Because I've been extremely pat I've
512:03 Because I've been extremely pat I've been extremely patient. I've seen a
512:04 been extremely patient. I've seen a hundred different pitches come by. And
512:07 hundred different pitches come by. And have I missed out on some pitches and
512:09 have I missed out on some pitches and they could have been home runs? Sure.
512:11 they could have been home runs? Sure. But you know what? I wasn't 100%
512:13 But you know what? I wasn't 100% confident. And I am only taking that
512:15 confident. And I am only taking that position when I am 100% confident. That
512:18 position when I am 100% confident. That decision making right there, that
512:20 decision making right there, that experience, that intuition, that mindset
512:25 experience, that intuition, that mindset is what led me to properly take the 100
512:28 is what led me to properly take the 100 into the mill. Or better said, it's what
512:30 into the mill. Or better said, it's what let me take the 100 into 400, the 400
512:34 let me take the 100 into 400, the 400 into 3200, the 3200 into 8,000.
512:38 into 3200, the 3200 into 8,000. Throughout this whole entire challenge
512:40 Throughout this whole entire challenge that I did, I probably predicted
512:43 that I did, I probably predicted 40 solid move setups. And I maybe only
512:47 40 solid move setups. And I maybe only caught seven, eight, nine, 10 max. I'm
512:50 caught seven, eight, nine, 10 max. I'm not here to catch every single move. I'm
512:52 not here to catch every single move. I'm here to catch the right one. So after me
512:54 here to catch the right one. So after me taking the 3,200 into then 8,000 is
512:57 taking the 3,200 into then 8,000 is where then I start to lower my risk even
512:59 where then I start to lower my risk even more. So here I started to go anywhere
513:01 more. So here I started to go anywhere from 50% to around 40%. And the same
513:05 from 50% to around 40%. And the same exact thing applies. I am only risking
513:07 exact thing applies. I am only risking this on one single position. If I enter
513:10 this on one single position. If I enter one trade for the week and I win, I am
513:13 one trade for the week and I win, I am done. I don't need to execute another
513:15 done. I don't need to execute another position. It's a one and done for the
513:18 position. It's a one and done for the week. If I lose a position for the week,
513:20 week. If I lose a position for the week, one and done. I am done for the week. I
513:23 one and done. I am done for the week. I will come back next week because I know
513:26 will come back next week because I know myself and I know how I react to the
513:27 myself and I know how I react to the market. And if I am entering a position
513:31 market. And if I am entering a position and I lose, I know myself and I know
513:34 and I lose, I know myself and I know that I'm going to want to chase that
513:36 that I'm going to want to chase that loss back and gain back more profits. Or
513:39 loss back and gain back more profits. Or if I were to win a trade, I know that
513:41 if I were to win a trade, I know that I'm going to want to win more for the
513:43 I'm going to want to win more for the week. I want to end up more on top. So a
513:45 week. I want to end up more on top. So a simple rule on how I minimize that is
513:48 simple rule on how I minimize that is I'm just simply a oneandone type of guy.
513:50 I'm just simply a oneandone type of guy. Win or lose, I am done. because I know
513:52 Win or lose, I am done. because I know by the time that next week will come by,
513:55 by the time that next week will come by, my mindset will be so much more clear
513:57 my mindset will be so much more clear that I won't even remember what happened
513:58 that I won't even remember what happened last week. So much time has gone by. Did
514:01 last week. So much time has gone by. Did I break this rule a couple times
514:02 I break this rule a couple times throughout the challenge? Yes. And if
514:04 throughout the challenge? Yes. And if you guys go see the series, you guys are
514:06 you guys go see the series, you guys are going to see how I hold myself
514:07 going to see how I hold myself accountable because I know that I have
514:11 accountable because I know that I have tens of thousands of people, hundreds of
514:13 tens of thousands of people, hundreds of thousands of people, millions of people
514:14 thousands of people, millions of people that were going to be watching this
514:15 that were going to be watching this challenge. And nobody was going to hold
514:18 challenge. And nobody was going to hold myself accountable how I was. And I need
514:20 myself accountable how I was. And I need to set that standard to whenever you do
514:23 to set that standard to whenever you do something wrong, you actually do
514:24 something wrong, you actually do something about it. Because us traders
514:27 something about it. Because us traders right now, I'm here in my office and I
514:29 right now, I'm here in my office and I can decide to click buy or sell on a
514:31 can decide to click buy or sell on a position right now. Nobody's going to
514:33 position right now. Nobody's going to come and tell me that I'm doing the
514:34 come and tell me that I'm doing the right or the wrong decision. It's only
514:35 right or the wrong decision. It's only myself. Only myself is going to know if
514:37 myself. Only myself is going to know if what I'm doing is right or wrong. And I
514:40 what I'm doing is right or wrong. And I need to have the mental clarity to
514:42 need to have the mental clarity to understand on what I'm doing is right or
514:44 understand on what I'm doing is right or wrong. If you're on a two, three week
514:46 wrong. If you're on a two, three week losing streak or on a two, three week
514:48 losing streak or on a two, three week winning streak and you're still a
514:50 winning streak and you're still a beginner intermediate trader, I can
514:52 beginner intermediate trader, I can guarantee you you're going to you're not
514:53 guarantee you you're going to you're not going to have extreme clarity. You're
514:55 going to have extreme clarity. You're going to feel like the king of the
514:56 going to feel like the king of the world. I've been there, believe me. And
514:58 world. I've been there, believe me. And as an experienced trader now, and as
515:00 as an experienced trader now, and as I've aged, I think I've aged like fine
515:02 I've aged, I think I've aged like fine wine in the trading space. And I
515:05 wine in the trading space. And I understand the difference in between one
515:07 understand the difference in between one and the other. And when you're in a
515:09 and the other. And when you're in a challenge, when you're in a a series
515:11 challenge, when you're in a a series like this, all this stuff starts getting
515:14 like this, all this stuff starts getting very murky. And if you don't set the
515:15 very murky. And if you don't set the foundations from the beginning, it's
515:17 foundations from the beginning, it's only going to end bad because you want
515:20 only going to end bad because you want to get to this end goal as quick as
515:21 to get to this end goal as quick as possible. You don't want to go through
515:23 possible. You don't want to go through four months of hell to get to this point
515:25 four months of hell to get to this point right here. What matters is how you set
515:28 right here. What matters is how you set the rules before you begin. And these
515:30 the rules before you begin. And these were my core base rules. After me taking
515:33 were my core base rules. After me taking it to about 15K, at this point right
515:35 it to about 15K, at this point right here, what I started to do is I started
515:37 here, what I started to do is I started to stay from around 40% to then 35%. And
515:42 to stay from around 40% to then 35%. And then basically what I did from this
515:44 then basically what I did from this point on is I stick through this same
515:47 point on is I stick through this same exact same risk management rule
515:49 exact same risk management rule throughout the whole entire challenge. I
515:51 throughout the whole entire challenge. I never went below 35%. Maybe I went to
515:54 never went below 35%. Maybe I went to about 30% 27% depending on the the type
515:58 about 30% 27% depending on the the type of trade, how long I predicting it was
516:01 of trade, how long I predicting it was going to be or if I could have even
516:03 going to be or if I could have even actually traded. You know, I traveled a
516:04 actually traded. You know, I traveled a couple times throughout this challenge
516:06 couple times throughout this challenge and I wanted to make sure that yes, it
516:08 and I wanted to make sure that yes, it was the perfect swing and it was the
516:11 was the perfect swing and it was the perfect pitch, but it was just not worth
516:13 perfect pitch, but it was just not worth missing out on. And I'm personally okay
516:16 missing out on. And I'm personally okay with risking a certain amount of the
516:18 with risking a certain amount of the account. Sometimes it worked in my
516:19 account. Sometimes it worked in my favor. Other times that it did. But the
516:22 favor. Other times that it did. But the most important thing right here, and
516:24 most important thing right here, and believe me, I I I cannot stress this
516:26 believe me, I I I cannot stress this enough is going to be this right here.
516:28 enough is going to be this right here. this risk management and the decision
516:31 this risk management and the decision makingaking behind the trade that you
516:33 makingaking behind the trade that you are analyzing. If you're going to enter
516:35 are analyzing. If you're going to enter a trade, make sure that it's the right
516:37 a trade, make sure that it's the right trade. And then following throughout all
516:39 trade. And then following throughout all of this, what led me to the true success
516:43 of this, what led me to the true success is going to be this right here, RR,
516:47 is going to be this right here, RR, risk to reward. This is what made the
516:50 risk to reward. This is what made the difference from this turning from $100
516:55 difference from this turning from $100 into a million and that turning from a
516:57 into a million and that turning from a hundred to a h 100,000. The difference
517:00 hundred to a h 100,000. The difference was risk-to-reward. Why is that? Well,
517:03 was risk-to-reward. Why is that? Well, because some positions I would go for a
517:06 because some positions I would go for a one to two risk-to-reward. Other
517:08 one to two risk-to-reward. Other positions I would go for a one to4
517:11 positions I would go for a one to4 risk-to-reward. And this one to four
517:14 risk-to-reward. And this one to four risk-to-reward would take me out of the
517:17 risk-to-reward would take me out of the hole. Like you can't even imagine
517:19 hole. Like you can't even imagine because let's say I'm trying to risk a
517:20 because let's say I'm trying to risk a hundred bucks and then the goal is to
517:22 hundred bucks and then the goal is to flip it. If I'm doing a one to two
517:25 flip it. If I'm doing a one to two risk-to-reward, that's just times two,
517:27 risk-to-reward, that's just times two, right? I'm taking 100 bucks to 200
517:29 right? I'm taking 100 bucks to 200 bucks, right? Nobody cares. Just 100%
517:31 bucks, right? Nobody cares. Just 100% 200% no big deal. But if you apply this
517:34 200% no big deal. But if you apply this percentage going from 100 to 400, it's
517:37 percentage going from 100 to 400, it's far more of a strong base to then take
517:40 far more of a strong base to then take the 400 to 3,200 for example. Because if
517:43 the 400 to 3,200 for example. Because if I were just to have 200 bucks and then I
517:45 I were just to have 200 bucks and then I just apply the same exact one to two
517:47 just apply the same exact one to two risk-to-reward, it's taking 200 to then
517:49 risk-to-reward, it's taking 200 to then 400 bucks. So you just wasted a whole
517:51 400 bucks. So you just wasted a whole week trying to do what you could have
517:53 week trying to do what you could have done in one simple week by simply
517:55 done in one simple week by simply continuing to either hold the position
517:57 continuing to either hold the position or have bigger take profits on the
517:59 or have bigger take profits on the original trade that you're taking. So, I
518:02 original trade that you're taking. So, I always attempted to have every single
518:04 always attempted to have every single trade setup, always be a minimum of a
518:07 trade setup, always be a minimum of a one to two risk-to-reward. This is
518:08 one to two risk-to-reward. This is always going to be the minimum of every
518:10 always going to be the minimum of every single trade that I'm going to take. The
518:12 single trade that I'm going to take. The minimum of the risk-to-reward has to be
518:14 minimum of the risk-to-reward has to be this because that is what's going to
518:15 this because that is what's going to lead you to profitability. That is just
518:17 lead you to profitability. That is just a fact, right? But I would always aim
518:19 a fact, right? But I would always aim for the trade to have a potential of a
518:22 for the trade to have a potential of a one to4 risk-to-reward because I'm
518:25 one to4 risk-to-reward because I'm essentially getting another trade for
518:28 essentially getting another trade for free. exactly what I would be doing
518:30 free. exactly what I would be doing right here. I'm literally getting it for
518:33 right here. I'm literally getting it for free by just simply holding the trade to
518:36 free by just simply holding the trade to then get a 1 to4 risk-to-reward. For
518:38 then get a 1 to4 risk-to-reward. For example, let's say I'm going to be
518:39 example, let's say I'm going to be buying a position, right? I'm going to
518:41 buying a position, right? I'm going to be buying this trade. This is the area
518:43 be buying this trade. This is the area where I'm going to be buying it. And the
518:45 where I'm going to be buying it. And the minimum I would always place my
518:46 minimum I would always place my risk-to-reward ratio is going to be a
518:49 risk-to-reward ratio is going to be a 1:2. This is the minimum. No matter no
518:51 1:2. This is the minimum. No matter no if, ends or buts. But I would always set
518:55 if, ends or buts. But I would always set the trade to have a minimum of a one to
518:58 the trade to have a minimum of a one to four. So if the trade gets to this one
519:00 four. So if the trade gets to this one to four, I know for a fact that okay,
519:04 to four, I know for a fact that okay, you know what? Not only was it worth the
519:06 you know what? Not only was it worth the trade to be at a one to two, but it has
519:09 trade to be at a one to two, but it has the potential to be at a 1 to4, meaning
519:11 the potential to be at a 1 to4, meaning I'm going to basically get a whole other
519:13 I'm going to basically get a whole other trade that I am entering right here.
519:16 trade that I am entering right here. It's like me entering two trades, but
519:18 It's like me entering two trades, but without risking the second one. I'm
519:21 without risking the second one. I'm literally getting this one to four
519:22 literally getting this one to four risk-to-reward, which is two trades, by
519:25 risk-to-reward, which is two trades, by only risking what I would on one. That's
519:27 only risking what I would on one. That's where the money is because I didn't need
519:29 where the money is because I didn't need to have additional risk to make more
519:32 to have additional risk to make more money. It's just the winning trade. I
519:34 money. It's just the winning trade. I let it be a continuous winning trade. I
519:37 let it be a continuous winning trade. I didn't have to take another trade to
519:39 didn't have to take another trade to make more money. I didn't have to add
519:41 make more money. I didn't have to add risk into the account for me to make
519:44 risk into the account for me to make more money. I didn't have to overexpose
519:47 more money. I didn't have to overexpose myself. I didn't have to swing again to
519:50 myself. I didn't have to swing again to catch a home run. All I would do is just
519:53 catch a home run. All I would do is just let that ball continue going. Obviously,
519:55 let that ball continue going. Obviously, in the baseball term,
519:58 in the baseball term, can't really control where the ball
519:59 can't really control where the ball went, but let's just pretend like you
520:01 went, but let's just pretend like you can decide when you want to let off of
520:04 can decide when you want to let off of of the bat, right? I would just continue
520:06 of the bat, right? I would just continue to hold on to the bat because the ball's
520:08 to hold on to the bat because the ball's going to continue to go. So, this is
520:11 going to continue to go. So, this is what literally changed the game for me.
520:14 what literally changed the game for me. Having the trades go further from the
520:16 Having the trades go further from the takerit than what they already were
520:18 takerit than what they already were because what this would do is that I
520:21 because what this would do is that I didn't have to do anything else other
520:23 didn't have to do anything else other than set and forget. And that is what
520:25 than set and forget. And that is what gave me clarity because I didn't have to
520:28 gave me clarity because I didn't have to be stressed about entering another
520:29 be stressed about entering another trade. That is what literally made my
520:32 trade. That is what literally made my job so easy because I just simply did
520:34 job so easy because I just simply did nothing. That also gave me confidence on
520:37 nothing. That also gave me confidence on the next trade because if I do the exact
520:39 the next trade because if I do the exact same setup and obviously minimum of a 1
520:42 same setup and obviously minimum of a 1 to2 risk-to-reward always but with a
520:44 to2 risk-to-reward always but with a potential to be a 1 to4 that gave me the
520:47 potential to be a 1 to4 that gave me the confidence on the next position to do
520:48 confidence on the next position to do the exact same thing. And when you
520:51 the exact same thing. And when you compound all of these positives on a
520:53 compound all of these positives on a trade over the course of three months,
520:57 trade over the course of three months, you're going to have a perfect equation
520:59 you're going to have a perfect equation for success. It's just the simple truth
521:01 for success. It's just the simple truth and you're following a proper strategy.
521:03 and you're following a proper strategy. The odds of you failing are very low.
521:05 The odds of you failing are very low. It's very unlikely. If you're taking one
521:08 It's very unlikely. If you're taking one simple trade setup a week and it meets
521:10 simple trade setup a week and it meets every single confluence and you have a
521:12 every single confluence and you have a minimum of a 1 to2 risk-to-reward and
521:14 minimum of a 1 to2 risk-to-reward and you have a potential for it to be at a 1
521:17 you have a potential for it to be at a 1 to4, why shouldn't you succeed? You're
521:19 to4, why shouldn't you succeed? You're following every single possible need for
521:21 following every single possible need for the trade to make sense. Now, this is
521:24 the trade to make sense. Now, this is the core foundation of what I did to
521:26 the core foundation of what I did to actually take the hundred bucks into 400
521:29 actually take the hundred bucks into 400 and 400 into 3200. hate saying that I
521:32 and 400 into 3200. hate saying that I took a hundred into a million because to
521:35 took a hundred into a million because to be technical and to be real, I
521:37 be technical and to be real, I technically took $300,000 into a
521:40 technically took $300,000 into a million, but the starting balance was
521:43 million, but the starting balance was hundred bucks, right? But not to get too
521:44 hundred bucks, right? But not to get too technical, I want to literally show you
521:47 technical, I want to literally show you guys how I did this. So, what I'm going
521:49 guys how I did this. So, what I'm going to be showing you guys right now are
521:50 to be showing you guys right now are literal live footages that you guys can
521:53 literal live footages that you guys can go check out right now in the YouTube
521:54 go check out right now in the YouTube channel, but I'm going to put it in this
521:56 channel, but I'm going to put it in this video here of me literally showing you
521:58 video here of me literally showing you guys the before, the during, the after,
522:00 guys the before, the during, the after, and the explanation of every single
522:02 and the explanation of every single trade, why I was interested in entering
522:05 trade, why I was interested in entering the trade, my thought process on
522:07 the trade, my thought process on entering the trade based off of where I
522:09 entering the trade based off of where I was in the week, and if I had just won,
522:11 was in the week, and if I had just won, if I had slept, if I had not slept,
522:13 if I had slept, if I had not slept, because that all influenced greatly into
522:15 because that all influenced greatly into my decision- making of the trade and the
522:17 my decision- making of the trade and the end results of the trade, if I ended up
522:19 end results of the trade, if I ended up winning and how I reacted, if I ended up
522:21 winning and how I reacted, if I ended up losing and how I reacted. Because my
522:24 losing and how I reacted. Because my decision making throughout this
522:26 decision making throughout this challenge is what led me to succeed and
522:28 challenge is what led me to succeed and to do this. Now, I've had tens of
522:31 to do this. Now, I've had tens of students that have successfully taken a
522:33 students that have successfully taken a couple thousand bucks into a couple
522:35 couple thousand bucks into a couple hundred,000. We have students that have
522:37 hundred,000. We have students that have taken $15 into 304,000. And when I've
522:41 taken $15 into 304,000. And when I've done podcasts and interviews with them
522:43 done podcasts and interviews with them and I've met them in person and they're
522:44 and I've met them in person and they're inside the community and we chat, they
522:46 inside the community and we chat, they literally tell me, "Alex, the strategy
522:48 literally tell me, "Alex, the strategy is amazing and your teaching obviously
522:50 is amazing and your teaching obviously let me understand the market." But it's
522:54 let me understand the market." But it's how I reacted to the market when I got
522:56 how I reacted to the market when I got these opportunities that presented
522:58 these opportunities that presented themselves that led me do this
523:00 themselves that led me do this successfully. And I want to show you how
523:02 successfully. And I want to show you how my mindset and my approach changed
523:05 my mindset and my approach changed throughout the whole entire challenge as
523:07 throughout the whole entire challenge as a person, as a trader, as a mentor
523:10 a person, as a trader, as a mentor because I personally feel that challenge
523:12 because I personally feel that challenge made me the mentor and the person that I
523:14 made me the mentor and the person that I am today because I went to I went
523:17 am today because I went to I went through a certain experience. I went
523:20 through a certain experience. I went through a certain battle that nobody
523:22 through a certain battle that nobody could have taught me. There's no type of
523:24 could have taught me. There's no type of trading in the market that could have
523:26 trading in the market that could have taught me that other than me going
523:27 taught me that other than me going through that myself. And nobody could
523:29 through that myself. And nobody could have told me what I was going to go
523:30 have told me what I was going to go through. I had to literally go through
523:32 through. I had to literally go through it because it was a immaculate
523:36 it because it was a immaculate it was just it was just an immaculate
523:38 it was just it was just an immaculate experience that led me to understand
523:40 experience that led me to understand that at no given point am I in control.
523:43 that at no given point am I in control. The market's always in control and I
523:45 The market's always in control and I have to understand when to be involved
523:47 have to understand when to be involved and when to not. So what I'm going to be
523:50 and when to not. So what I'm going to be showing you right now once again is the
523:52 showing you right now once again is the real raw journey of the challenge. Pay
523:55 real raw journey of the challenge. Pay attention to the types of trades that I
523:57 attention to the types of trades that I am taking because I literally explain
524:00 am taking because I literally explain everything that I have just taught you
524:01 everything that I have just taught you inside of this video. Trend, area of
524:03 inside of this video. Trend, area of interest, and market structure. That is
524:05 interest, and market structure. That is what's going to lead you to be able to
524:07 what's going to lead you to be able to make a decision if a trade is good to
524:10 make a decision if a trade is good to take or not. So, let's get into it right
524:12 take or not. So, let's get into it right now. All right, guys. Good morning. It
524:13 now. All right, guys. Good morning. It is currently July 16th, Tuesday morning.
524:16 is currently July 16th, Tuesday morning. So, obviously, we stayed up last night
524:18 So, obviously, we stayed up last night about like 3 in the morningish. I stayed
524:20 about like 3 in the morningish. I stayed up to catch this trade and it was for no
524:23 up to catch this trade and it was for no reason. We are currently in the position
524:26 reason. We are currently in the position and this is literally the max that I can
524:29 and this is literally the max that I can honestly risk on the account. So last
524:32 honestly risk on the account. So last night, remember that I explained to you
524:33 night, remember that I explained to you guys that I was waiting for the market
524:35 guys that I was waiting for the market to have a body closure under this line
524:37 to have a body closure under this line right here. So we had that body
524:39 right here. So we had that body engulfing candlestick and then I pretty
524:42 engulfing candlestick and then I pretty much entered on the little quick
524:43 much entered on the little quick pullback of the next one. And now that
524:46 pullback of the next one. And now that was for no reason because all of London
524:48 was for no reason because all of London session as soon as I fell asleep
524:50 session as soon as I fell asleep literally did nothing. But the point is
524:53 literally did nothing. But the point is that now price is pulling back into the
524:55 that now price is pulling back into the area where we entered. Usually what
524:57 area where we entered. Usually what should happen is that as soon as we
524:58 should happen is that as soon as we enter the trade, it just goes down with
525:00 enter the trade, it just goes down with the momentum of the session. Well, now
525:03 the momentum of the session. Well, now we haven't. But it is what it is. Enter
525:04 we haven't. But it is what it is. Enter the trade. Set and forget. My prediction
525:06 the trade. Set and forget. My prediction is that now from here it is going to go
525:09 is that now from here it is going to go down. And as soon as I take the first
525:11 down. And as soon as I take the first position, obviously you have to risk
525:12 position, obviously you have to risk 100% of the account to even get out of
525:14 100% of the account to even get out of that hole. And I remember that I was in
525:16 that hole. And I remember that I was in draw down as soon as I took the trade.
525:18 draw down as soon as I took the trade. I'm like, ah, here we go. Starting off
525:20 I'm like, ah, here we go. Starting off bad. And I think we were in draw down
525:21 bad. And I think we were in draw down about 35 bucks right at the start. So
525:23 about 35 bucks right at the start. So then there it's either going to
525:25 then there it's either going to completely blow the account or skyrocket
525:27 completely blow the account or skyrocket me out of it so I can give me the
525:28 me out of it so I can give me the badness that I need to then take on the
525:30 badness that I need to then take on the next week and follow the goal that I
525:32 next week and follow the goal that I have for every single week.
525:33 have for every single week. So I got it 1 minute ago positive $15.
525:35 So I got it 1 minute ago positive $15. Now we are about to hit margin call on
525:38 Now we are about to hit margin call on the account 1 minute later.
525:41 the account 1 minute later. But trading is so funny. Oh my god.
525:43 But trading is so funny. Oh my god. But like always when the trade went into
525:45 But like always when the trade went into draw down I wasn't going to panic. I set
525:47 draw down I wasn't going to panic. I set and forget because worst case that can
525:49 and forget because worst case that can happen. I just blow 100 bucks and I
525:51 happen. I just blow 100 bucks and I start right again. And guess what
525:53 start right again. And guess what happened? Trade hit take profit.
525:55 happened? Trade hit take profit. Ladies and gentlemen, I'm sorry to
525:57 Ladies and gentlemen, I'm sorry to announce that
525:59 announce that we have reached the goal for the week
526:01 we have reached the goal for the week actively right now. We are currently up
526:04 actively right now. We are currently up $330.
526:05 $330. You guys can see here. Last night,
526:07 You guys can see here. Last night, literally what I said happened once
526:10 literally what I said happened once again. So look, check it out. GBP JPY
526:14 again. So look, check it out. GBP JPY right after that 1 hour bearish
526:15 right after that 1 hour bearish engulfing candlestick. Literally the
526:17 engulfing candlestick. Literally the whole momentum throughout London session
526:20 whole momentum throughout London session was that bearish move to the downside
526:22 was that bearish move to the downside had my takerit set at a 1 2 3.4
526:28 had my takerit set at a 1 2 3.4 risk-to-reward. So meaning if I risked
526:30 risk-to-reward. So meaning if I risked 100 bucks here then I would have made
526:32 100 bucks here then I would have made $340
526:34 $340 right here. As you guys can see that is
526:36 right here. As you guys can see that is literally the math that is happening
526:38 literally the math that is happening right now. candlestick is going to close
526:40 right now. candlestick is going to close in 15 minutes over here. So, I want to
526:43 in 15 minutes over here. So, I want to see how this candlestick closes right
526:44 see how this candlestick closes right here in 15 minutes. And then based off
526:47 here in 15 minutes. And then based off of that, I'll then make my decision. And
526:50 of that, I'll then make my decision. And let's see if we can then this week flip
526:53 let's see if we can then this week flip this $450 to then $800 or $900 because
526:58 this $450 to then $800 or $900 because that would put us really, really, really
527:00 that would put us really, really, really fast into the margin that we need to be
527:03 fast into the margin that we need to be in order for us to flip the $100 to the
527:05 in order for us to flip the $100 to the mail a lot faster. It's currently 2:30
527:08 mail a lot faster. It's currently 2:30 in the afternoon. Pretty much we closed
527:10 in the afternoon. Pretty much we closed at $437
527:12 at $437 in profit. You guys can see here the my
527:15 in profit. You guys can see here the my effect book pretty much how it's looking
527:17 effect book pretty much how it's looking currently of $437. These are pretty much
527:20 currently of $437. These are pretty much the fees we got to pay. These are the
527:23 the fees we got to pay. These are the orders. Well, there's nothing open right
527:25 orders. Well, there's nothing open right now. This is the history though. You
527:26 now. This is the history though. You guys can see here both positions that we
527:28 guys can see here both positions that we ended up taking. That's the profit that
527:30 ended up taking. That's the profit that we closed in. And now, same [ __ ] Gym
527:33 we closed in. And now, same [ __ ] Gym time. You know, it sucks. So, you only
527:35 time. You know, it sucks. So, you only get to drive one supercar now.
527:37 get to drive one supercar now. Lamborghini twin turbo just sold it.
527:40 Lamborghini twin turbo just sold it. Ybody is at the shop. The rear brake
527:43 Ybody is at the shop. The rear brake caliper is broken. They're fixing it.
527:45 caliper is broken. They're fixing it. The Porsche, I blew the second gear on
527:47 The Porsche, I blew the second gear on the Porsche drifting. Uh Rolls-Royce is
527:51 the Porsche drifting. Uh Rolls-Royce is finally getting them wrapped. Should be
527:53 finally getting them wrapped. Should be done today or tomorrow. What other car
527:55 done today or tomorrow. What other car do I have? The Maybag. I'm not going to
527:57 do I have? The Maybag. I'm not going to drive. Oh, yeah. Oh, I sold the Scat
527:58 drive. Oh, yeah. Oh, I sold the Scat Pack. Got rid of the Scat Pack. Scat
528:00 Pack. Got rid of the Scat Pack. Scat Pack is gone. That was probably the
528:02 Pack is gone. That was probably the dumbest thing I ever bought.
528:04 dumbest thing I ever bought. Yeah, the side by side.
528:05 Yeah, the side by side. The side by side is in the shop as well,
528:07 The side by side is in the shop as well, bro. Half of my fleet right now is in
528:09 bro. Half of my fleet right now is in the shop. I only get to drive a Ferrari
528:12 the shop. I only get to drive a Ferrari right now. [ __ ] We were up 430 bucks, I
528:14 right now. [ __ ] We were up 430 bucks, I think. And we hit the goal not only for
528:16 think. And we hit the goal not only for week one, but for week two. Meaning that
528:19 week one, but for week two. Meaning that I didn't have to execute a trade next
528:21 I didn't have to execute a trade next week or the week after because this one
528:23 week or the week after because this one trade because we set and forget and we
528:24 trade because we set and forget and we caught a 1 to three risk-to-reward, we
528:26 caught a 1 to three risk-to-reward, we outdid the profit that we were even
528:28 outdid the profit that we were even anticipating for this very same week
528:30 anticipating for this very same week just to get started. So, we were off to
528:31 just to get started. So, we were off to a very good start right at the
528:32 a very good start right at the beginning. So, since the week was off to
528:34 beginning. So, since the week was off to a good start, I pretty much came to the
528:36 a good start, I pretty much came to the executive decision that, you know what,
528:38 executive decision that, you know what, we hit the goal, not only for this week,
528:40 we hit the goal, not only for this week, but for next week. We're done for the
528:41 but for next week. We're done for the week. Let's not get greedy. Let's not
528:43 week. Let's not get greedy. Let's not chase any trades. Let's just set and
528:44 chase any trades. Let's just set and forget for the rest of the week. And
528:46 forget for the rest of the week. And next week, we'll come back with new
528:48 next week, we'll come back with new fresh market, new fresh mindset, and
528:49 fresh market, new fresh mindset, and then we'll pick up on the goal, which is
528:51 then we'll pick up on the goal, which is going to be then taking $400 to about
528:54 going to be then taking $400 to about $900. So, then that's exactly what we
528:56 $900. So, then that's exactly what we did. We did not take any other
528:57 did. We did not take any other opportunities, and then the next week,
528:58 opportunities, and then the next week, we started off fresh with a new goal.
529:00 we started off fresh with a new goal. And if we were to hit it, we're then
529:02 And if we were to hit it, we're then ahead three weeks in the challenge,
529:03 ahead three weeks in the challenge, which is absolutely beautiful.
529:05 which is absolutely beautiful. It's week two of me trying to turn a
529:07 It's week two of me trying to turn a $100 into a million day trade.
529:09 $100 into a million day trade. So, like always, we started off the week
529:10 So, like always, we started off the week on Sunday swings, analyzing the top two,
529:12 on Sunday swings, analyzing the top two, top three markets that we're going to be
529:13 top three markets that we're going to be trading for the week. And we found some
529:15 trading for the week. And we found some solid markets where it can probably even
529:17 solid markets where it can probably even more double the account.
529:18 more double the account. Account is still on $437.
529:22 Account is still on $437. We got, I think, seven solid markets in
529:24 We got, I think, seven solid markets in the markets. Seven solid markets in the
529:26 the markets. Seven solid markets in the markets. A lot of markets. A lot of
529:27 markets. A lot of markets. A lot of [ __ ] money. USD JPY. So USD JPY has a
529:31 [ __ ] money. USD JPY. So USD JPY has a very clean left head kind of right
529:34 very clean left head kind of right shoulder action going around here. We
529:36 shoulder action going around here. We broke the neckline. Now we are retesting
529:38 broke the neckline. Now we are retesting the neckline of the head and shoulders
529:40 the neckline of the head and shoulders along with the 1 hour EMA. 4hour time
529:44 along with the 1 hour EMA. 4hour time frame looks absolutely phenomenal. We're
529:46 frame looks absolutely phenomenal. We're having a beautiful 1 hour bearish
529:48 having a beautiful 1 hour bearish engulfing candlestick. Looks like we're
529:50 engulfing candlestick. Looks like we're having that pullback to retest that
529:51 having that pullback to retest that previous structure level. And then the
529:53 previous structure level. And then the daily time frame does not get any
529:55 daily time frame does not get any cleaner than this daily previous
529:57 cleaner than this daily previous structure level. daily EMA. And then you
530:00 structure level. daily EMA. And then you guys can look left. It is obviously a
530:01 guys can look left. It is obviously a level of resistance whenever we're under
530:03 level of resistance whenever we're under a level of resistance whenever we're
530:04 a level of resistance whenever we're under. And this line right here, what is
530:06 under. And this line right here, what is it? You may be asking a round
530:08 it? You may be asking a round psychological level 157,500 or like the
530:12 psychological level 157,500 or like the smart money concept guys would call it
530:14 smart money concept guys would call it an order block. Potato potato. This is a
530:17 an order block. Potato potato. This is a round psychological level with an area
530:20 round psychological level with an area of interest. So this trade is my number
530:22 of interest. So this trade is my number one trade that I'm going to be
530:23 one trade that I'm going to be interested in taking this week. All I'm
530:26 interested in taking this week. All I'm really waiting for on this market. So
530:28 really waiting for on this market. So earlier this week, what I was waiting
530:29 earlier this week, what I was waiting for was this break. So that break
530:31 for was this break. So that break already happened and now this pullback
530:33 already happened and now this pullback is actively happening. So I just got to
530:35 is actively happening. So I just got to wait for price to go back into this area
530:36 wait for price to go back into this area so I can actually enter this trade. We
530:38 so I can actually enter this trade. We took the trade which was on USD JPY I
530:41 took the trade which was on USD JPY I believe.
530:44 believe. Yo
530:50 yo. Oh,
530:52 Oh, [ __ ] with me. Huh? [ __ ] with me.
530:56 [ __ ] with me. Huh? [ __ ] with me. Literally USD JPY as simple and as
530:58 Literally USD JPY as simple and as effective as it is. Look at this [ __ ]
531:00 effective as it is. Look at this [ __ ] We literally had the retest perfectly to
531:02 We literally had the retest perfectly to the area of interest. The marabuzu
531:03 the area of interest. The marabuzu tweezer top rejection bearish engulfing
531:06 tweezer top rejection bearish engulfing candlestick. I keep telling you, you
531:08 candlestick. I keep telling you, you need an engulfing candlestick to enter a
531:10 need an engulfing candlestick to enter a sell or a bullish engulfing to enter a
531:12 sell or a bullish engulfing to enter a buy. I'm laughing cuz the mic is moving.
531:15 buy. I'm laughing cuz the mic is moving. So, the point is that we're in this
531:16 So, the point is that we're in this trade right now. Literally, we already
531:20 trade right now. Literally, we already at $550.
531:23 at $550. If this [ __ ] hits that take profit,
531:26 If this [ __ ] hits that take profit, we'll probably be at like two threek. It
531:28 we'll probably be at like two threek. It will probably even break the goal for
531:29 will probably even break the goal for the week that we've been anticipating.
531:31 the week that we've been anticipating. So, for now, just gonna
531:34 So, for now, just gonna set forget. But it was taking a little
531:36 set forget. But it was taking a little bit long. So, I'm not going to sit in
531:37 bit long. So, I'm not going to sit in front of the computer all day and
531:39 front of the computer all day and basically do nothing. I just exactly
531:41 basically do nothing. I just exactly what I said at the beginning of the
531:42 what I said at the beginning of the challenge. I'm going to go play
531:43 challenge. I'm going to go play basketball. I'm going to go hit the gym.
531:44 basketball. I'm going to go hit the gym. I'm going to go live my normal life so
531:46 I'm going to go live my normal life so it doesn't affect my psychology and I
531:48 it doesn't affect my psychology and I can always have a fresh mindset when I'm
531:50 can always have a fresh mindset when I'm actually going to execute a trade. and I
531:52 actually going to execute a trade. and I treat the markets one thing and then my
531:53 treat the markets one thing and then my life, my personal life is a completely
531:55 life, my personal life is a completely other thing.
531:55 other thing. You can either literally make us or
531:57 You can either literally make us or break us. It is currently 8:00 p.m.
532:00 break us. It is currently 8:00 p.m. Miami time. So, I think it's like about
532:02 Miami time. So, I think it's like about 2 hours or an hour and a half from the
532:03 2 hours or an hour and a half from the last time I updated you guys. And set
532:05 last time I updated you guys. And set and forget. Now, what we're going to go
532:06 and forget. Now, what we're going to go do is pick up Jordan. And for those of
532:08 do is pick up Jordan. And for those of you guys that don't know who Jordan is,
532:09 you guys that don't know who Jordan is, he's actually one of my top students
532:11 he's actually one of my top students where about 6 years ago, he was actually
532:13 where about 6 years ago, he was actually working at aviation in a place like
532:15 working at aviation in a place like this, but he wasn't flying the
532:19 this, but he wasn't flying the airplanes, he was fixing them. He was a
532:20 airplanes, he was fixing them. He was a mechanic fixing the planes that were
532:22 mechanic fixing the planes that were broken down, probably making 50 60k a
532:25 broken down, probably making 50 60k a year. And he didn't want to live that
532:26 year. And he didn't want to live that life. He wanted to have a obviously
532:28 life. He wanted to have a obviously successful life. And because of the set
532:30 successful life. And because of the set and forget strategy, he managed to not
532:32 and forget strategy, he managed to not only get out of his job, but make
532:34 only get out of his job, but make trading his main source of income in
532:36 trading his main source of income in just under two years, which is
532:37 just under two years, which is absolutely legendary. And over time, we
532:39 absolutely legendary. And over time, we become really, really close friends. So
532:41 become really, really close friends. So Jordan obviously, you know, is battling
532:43 Jordan obviously, you know, is battling cancer and stuff, and his legs get
532:45 cancer and stuff, and his legs get really, really swollen and I have a cold
532:47 really, really swollen and I have a cold plunge. So cold water helps with
532:48 plunge. So cold water helps with inflammation. We're going to put him
532:49 inflammation. We're going to put him inside the cold plunge in about like 20
532:51 inside the cold plunge in about like 20 30 minutes. So, we're going to pick him
532:52 30 minutes. So, we're going to pick him up now and show you guys the whole
532:54 up now and show you guys the whole drink. All right, so this is Jordan.
532:55 drink. All right, so this is Jordan. We're going to take him out to the cold
532:56 We're going to take him out to the cold plunge. It's going to suck, bro.
532:58 plunge. It's going to suck, bro. It's going to suck.
532:59 It's going to suck. It's cold, right?
533:00 It's cold, right? Cold plunge,
533:01 Cold plunge, dude. It's going to [ __ ] suck. But
533:02 dude. It's going to [ __ ] suck. But I'm telling you, you're going to get on,
533:03 I'm telling you, you're going to get on, you're going to feel [ __ ] amazing.
533:04 you're going to feel [ __ ] amazing. So, you know, we would pick him up, take
533:06 So, you know, we would pick him up, take him to the cold plunge, and then drop
533:07 him to the cold plunge, and then drop him back off. He actually gave me some
533:10 him back off. He actually gave me some Mike Tyson signed gloves, which is super
533:12 Mike Tyson signed gloves, which is super sick because, you know, Mike Tyson's a
533:14 sick because, you know, Mike Tyson's a legend.
533:14 legend. I told you I got something. It just came
533:15 I told you I got something. It just came a little late.
533:16 a little late. Oh [ __ ] Oh [ __ ]
533:23 No way. Signed by the boy.
533:26 Signed by the boy. For me, it's a representation of Jordan
533:27 For me, it's a representation of Jordan because he's a fighter fighting through
533:29 because he's a fighter fighting through what he's doing. And obviously, Mike
533:31 what he's doing. And obviously, Mike Tyson is one of the most legendary
533:32 Tyson is one of the most legendary fighters. So, it's actually pretty cool
533:34 fighters. So, it's actually pretty cool to have boxing gloves signed directly
533:36 to have boxing gloves signed directly from him. All right, guys. So, trade
533:37 from him. All right, guys. So, trade update. We just left the gym right now.
533:40 update. We just left the gym right now. Trade update. It's currently 12:30 in
533:42 Trade update. It's currently 12:30 in the afternoon. So, like I mentioned
533:44 the afternoon. So, like I mentioned earlier, if that daily candlestick
533:46 earlier, if that daily candlestick closes under that previous structure
533:48 closes under that previous structure level, we're pretty much going to set
533:50 level, we're pretty much going to set and forget this [ __ ] for a very long
533:51 and forget this [ __ ] for a very long time. 4 hours looking good. We are now
533:54 time. 4 hours looking good. We are now currently up about $1,200 on the
533:56 currently up about $1,200 on the account. So, going to continue to set
533:58 account. So, going to continue to set and forget. I think I was already about
534:00 and forget. I think I was already about like $1,200, $1,300 bucks. And I had a
534:03 like $1,200, $1,300 bucks. And I had a decision to make. I can either close
534:05 decision to make. I can either close there and hit my takeprofit for the week
534:06 there and hit my takeprofit for the week or I can logically look at the markets
534:08 or I can logically look at the markets and realize that my analysis and my
534:11 and realize that my analysis and my strategy is indicating to me that this
534:13 strategy is indicating to me that this trade is going to have a much higher
534:14 trade is going to have a much higher risk-to-reward ratio. So, what would I
534:17 risk-to-reward ratio. So, what would I do? The whole reason of me entering a
534:19 do? The whole reason of me entering a trade is to capitalize the most I can
534:21 trade is to capitalize the most I can from the gains. All right, guys. Trade
534:23 from the gains. All right, guys. Trade update. It is currently 317 in the
534:25 update. It is currently 317 in the afternoon and we are up about,600
534:28 afternoon and we are up about,600 on the trade. And you guys can see here
534:30 on the trade. And you guys can see here that the market is about to close. Well,
534:32 that the market is about to close. Well, you guys can see that the market is
534:33 you guys can see that the market is about to close in 2 hours. So, this
534:35 about to close in 2 hours. So, this daily candlestick will close about an
534:38 daily candlestick will close about an hour 42 minutes and it's honestly going
534:41 hour 42 minutes and it's honestly going a lot faster than I anticipated and
534:43 a lot faster than I anticipated and we're definitely going to close under
534:45 we're definitely going to close under that previous structure level. This is
534:46 that previous structure level. This is why you set and forget your take profit.
534:48 why you set and forget your take profit. You never put a takerit. You always put
534:50 You never put a takerit. You always put a stop loss to minimize your losses. You
534:52 a stop loss to minimize your losses. You never put a takerit. You never want to
534:54 never put a takerit. You never want to minimize your losses. So, this trade, we
534:57 minimize your losses. So, this trade, we just continue to hold and set and
535:00 just continue to hold and set and forget. And this is where I'm preaching
535:02 forget. And this is where I'm preaching to all of my students. I'm actively
535:04 to all of my students. I'm actively monitoring the markets, seeing how much
535:07 monitoring the markets, seeing how much more can we continue to go in one
535:08 more can we continue to go in one direction because I'm a protrend trader.
535:10 direction because I'm a protrend trader. I trade with all the time frames in my
535:12 I trade with all the time frames in my favor. So the trade continues to go in
535:14 favor. So the trade continues to go in that direction on the long run. You want
535:16 that direction on the long run. You want to trade with the trend. The trend is
535:18 to trade with the trend. The trend is your friend. So in here is where I
535:20 your friend. So in here is where I continue to set and forget and analyze
535:21 continue to set and forget and analyze the markets. And the trade went from
535:23 the markets. And the trade went from a,000 in profit to 2,000.
535:24 a,000 in profit to 2,000. Currently have about $1600 on the
535:27 Currently have about $1600 on the account. So we're up $2,000 to 3,000.
535:30 account. So we're up $2,000 to 3,000. God damn.
535:31 God damn. Wow, bro. Wow.
535:34 Wow, bro. Wow. How long did it take you last year to do
535:35 How long did it take you last year to do this?
535:37 this? This is probably almost a month last
535:40 This is probably almost a month last year. That shows you how much better of
535:41 year. That shows you how much better of a trader I've become. I'm so much less
535:44 a trader I've become. I'm so much less attached to the profits and of the money
535:47 attached to the profits and of the money behind this, bro. That's crazy, dude.
535:50 behind this, bro. That's crazy, dude. And keep in mind, goal for the week was
535:52 And keep in mind, goal for the week was 900. So, if I close at this point, I'm
535:54 900. So, if I close at this point, I'm ahead by six weeks in the challenge,
535:56 ahead by six weeks in the challenge, cutting the end goal of training the 100
535:57 cutting the end goal of training the 100 into the million to then maybe in two
535:59 into the million to then maybe in two months. So, at this point, I'm [ __ ]
536:01 months. So, at this point, I'm [ __ ] hyped. So, then as we're like halfway
536:03 hyped. So, then as we're like halfway through the week, I'm basically living
536:04 through the week, I'm basically living my normal life, drifting, um going out
536:07 my normal life, drifting, um going out to the gym, just doing whatever I got to
536:08 to the gym, just doing whatever I got to do. I realize that, you know what, 3K
536:10 do. I realize that, you know what, 3K more than enough. I can see the trade
536:11 more than enough. I can see the trade that it can potentially have a reversal
536:13 that it can potentially have a reversal because the structure is starting to
536:14 because the structure is starting to shift. So, I closed my profits there.
536:16 shift. So, I closed my profits there. You guys can see right here that the
536:18 You guys can see right here that the account is at officially $3,000. You
536:21 account is at officially $3,000. You guys can see here on the my effects book
536:23 guys can see here on the my effects book pretty much uh where we started the
536:25 pretty much uh where we started the account with the current balance. This
536:27 account with the current balance. This updated two days ago. You guys can see
536:30 updated two days ago. You guys can see here the history. These are all the
536:32 here the history. These are all the trades that we have taken. Obviously,
536:33 trades that we have taken. Obviously, two trades on GP JPY, one trade on USD
536:36 two trades on GP JPY, one trade on USD JPY. And I did not take any more trades
536:38 JPY. And I did not take any more trades for the week on week two because I'm
536:40 for the week on week two because I'm well past the profit that I need.
536:41 well past the profit that I need. There's no reason on me to go chase and
536:43 There's no reason on me to go chase and add new trades. So, I simply set and
536:45 add new trades. So, I simply set and forget and then we pulled up to the next
536:46 forget and then we pulled up to the next week where then the goal was to take 3K
536:48 week where then the goal was to take 3K to 6K. Last week, we turned $437
536:52 to 6K. Last week, we turned $437 into $3,000. Same thing as always,
536:54 into $3,000. Same thing as always, getting on Sunday swings, analyzing the
536:56 getting on Sunday swings, analyzing the markets with my students, finding the
536:58 markets with my students, finding the top two, top three markets that I'm
536:59 top two, top three markets that I'm going to be trading with that very week.
537:01 going to be trading with that very week. Then my goal is to take 3K to 6K. And at
537:03 Then my goal is to take 3K to 6K. And at this point in the challenge where I'm at
537:04 this point in the challenge where I'm at 3K, I no longer have to risk 100% of the
537:07 3K, I no longer have to risk 100% of the account cuz one, I'm already ahead by 4
537:10 account cuz one, I'm already ahead by 4 weeks. And my goal once I get to about 3
537:13 weeks. And my goal once I get to about 3 to 5K is to minimize my risk on the
537:15 to 5K is to minimize my risk on the account to about 50 to 75%. Meaning if I
537:19 account to about 50 to 75%. Meaning if I take a losing trade, I don't start back
537:22 take a losing trade, I don't start back at zero. At least I still have some
537:23 at zero. At least I still have some ammunition to then kick back and get
537:25 ammunition to then kick back and get started right where I was for the profit
537:27 started right where I was for the profit that I should be for that week. So in my
537:29 that I should be for that week. So in my mindset, technically, yes, I did lose
537:31 mindset, technically, yes, I did lose some time, but I lost time that I
537:34 some time, but I lost time that I gained, not time that I where I should
537:37 gained, not time that I where I should actually be in the challenge. So for
537:38 actually be in the challenge. So for example, let's say I took a loss on the
537:40 example, let's say I took a loss on the 3K account and I'm go back to the 900.
537:43 3K account and I'm go back to the 900. Well, it's technically where I'm
537:44 Well, it's technically where I'm supposed to actually be for the
537:46 supposed to actually be for the challenge for that week. So, it gives me
537:47 challenge for that week. So, it gives me the freedom to be able to actually do
537:48 the freedom to be able to actually do that because I'm so ahead in the
537:49 that because I'm so ahead in the challenge.
537:50 challenge. All right, guys. So, market update. It
537:51 All right, guys. So, market update. It is currently 9:49 in the morning. We are
537:55 is currently 9:49 in the morning. We are officially in the trade. So, I literally
537:57 officially in the trade. So, I literally entered. Let me before that, let me show
537:58 entered. Let me before that, let me show you guys the time, right? So, what time
537:59 you guys the time, right? So, what time is it right now in Miami? I come over
538:02 is it right now in Miami? I come over here. I refresh the website. 9:49 in the
538:06 here. I refresh the website. 9:49 in the morning. So, literally to show you guys,
538:09 morning. So, literally to show you guys, we just entered the trade. So, look,
538:10 we just entered the trade. So, look, pull up here. So, you guys remember how
538:12 pull up here. So, you guys remember how I literally just mentioned that we were
538:13 I literally just mentioned that we were going to have a pull back into this
538:14 going to have a pull back into this level to then sell. So, we literally had
538:17 level to then sell. So, we literally had that pull back perfectly. I went exactly
538:19 that pull back perfectly. I went exactly to where I didn't go exactly to where I
538:21 to where I didn't go exactly to where I anticipated, but got really close. I
538:22 anticipated, but got really close. I entered it. And just to show you guys
538:24 entered it. And just to show you guys proof, I was just recording for
538:25 proof, I was just recording for Instagram right now. As soon as we enter
538:27 Instagram right now. As soon as we enter the trade, we're literally like using
538:29 the trade, we're literally like using margin and [ __ ] because we entered the
538:31 margin and [ __ ] because we entered the trade pretty much risked everything. So,
538:33 trade pretty much risked everything. So, I just wanted to show you guys that. But
538:34 I just wanted to show you guys that. But now, we're officially in the trade. We
538:36 now, we're officially in the trade. We are up $400 on it currently right now.
538:39 are up $400 on it currently right now. Like always, have to show you guys that
538:41 Like always, have to show you guys that it is a real account. So you guys can
538:43 it is a real account. So you guys can see right here that it is indeed a real
538:46 see right here that it is indeed a real account. You guys can see where the
538:48 account. You guys can see where the account is currently sitting and we're
538:51 account is currently sitting and we're currently now going to just wait. But I
538:53 currently now going to just wait. But I explained to you guys perfectly this. I
538:55 explained to you guys perfectly this. I explained to you guys the break and
538:57 explained to you guys the break and retest here. I entered at this next
538:59 retest here. I entered at this next retest where we should have waited for
539:00 retest where we should have waited for it here. We should have waited for the
539:01 it here. We should have waited for the break and retest here to then sell. But
539:03 break and retest here to then sell. But then this didn't happen here. But it did
539:05 then this didn't happen here. But it did happen here. We then entered after the
539:07 happen here. We then entered after the engulfing which ideally we should be
539:09 engulfing which ideally we should be entering up here. So then on week three,
539:11 entering up here. So then on week three, we started off with a new trade that we
539:13 we started off with a new trade that we took and we pretty much went straight
539:15 took and we pretty much went straight into draw down about 50% draw down in
539:17 into draw down about 50% draw down in the account, which is totally fine. I'm
539:19 the account, which is totally fine. I'm okay with it. I don't mind the swings.
539:21 okay with it. I don't mind the swings. But I continued to set and forget and
539:23 But I continued to set and forget and then the trade and the trend ended up
539:24 then the trade and the trend ended up going in the favor where I ended up
539:26 going in the favor where I ended up analyzing and then the trade actually
539:27 analyzing and then the trade actually went back into profit. We're about 5,000
539:30 went back into profit. We're about 5,000 floating in profit. Keep in mind, my
539:31 floating in profit. Keep in mind, my goal for the week is actually 6,000. And
539:33 goal for the week is actually 6,000. And like always, I'm updating my Telegram,
539:35 like always, I'm updating my Telegram, Discord, Instagram, every like I'm mass
539:37 Discord, Instagram, every like I'm mass social media blasting these trades
539:39 social media blasting these trades everywhere. So, I'm not the only person
539:41 everywhere. So, I'm not the only person that's in profit or in loss. Like,
539:43 that's in profit or in loss. Like, there's hundreds of thousands of traders
539:45 there's hundreds of thousands of traders all around the world looking at the same
539:47 all around the world looking at the same market that I am. People in Africa,
539:49 market that I am. People in Africa, people in London, people in the States
539:51 people in London, people in the States going through the same journey that I'm
539:52 going through the same journey that I'm going through because if I'm making
539:54 going through because if I'm making money, you're making money. But if I'm
539:56 money, you're making money. But if I'm losing money, you're losing money, too.
539:58 losing money, you're losing money, too. And I always have this belief that in
540:00 And I always have this belief that in order for you to receive, you have to
540:01 order for you to receive, you have to give. So, I'm at this point in the
540:03 give. So, I'm at this point in the challenge where I need to receive,
540:05 challenge where I need to receive, right? I got to make back some of these
540:06 right? I got to make back some of these profits. I'm like, you know what? Let me
540:07 profits. I'm like, you know what? Let me give my boy Sensei a little gift. A M
540:09 give my boy Sensei a little gift. A M Blanc pen. One of 10 in the world. So
540:12 Blanc pen. One of 10 in the world. So this is a very special edition watch. So
540:15 this is a very special edition watch. So this is a Muhammad Ali M Blanc watch. So
540:18 this is a Muhammad Ali M Blanc watch. So you see it has like Ali through here.
540:22 you see it has like Ali through here. And then you see the Muhammad Ali
540:23 And then you see the Muhammad Ali everywhere throughout here. You see the
540:26 everywhere throughout here. You see the Muhammad Ali everywhere throughout here.
540:34 Pen was like $3,000. I don't even think this guy appreciated that [ __ ] But you
540:36 this guy appreciated that [ __ ] But you know what? I don't care because when I
540:38 know what? I don't care because when I go look at my trade that same night, we
540:40 go look at my trade that same night, we were up about $9,000 on the account.
540:42 were up about $9,000 on the account. So, right now, we are currently floating
540:44 So, right now, we are currently floating about $6,000 in profit. The account is
540:47 about $6,000 in profit. The account is currently at $9,000 in equity. And you
540:51 currently at $9,000 in equity. And you guys can see this trade right here is
540:53 guys can see this trade right here is literally continuing the momentum to the
540:56 literally continuing the momentum to the downside. Just continuing this set and
540:58 downside. Just continuing this set and forget trend. That's why you got to
541:01 forget trend. That's why you got to trade with the trend. The trend is your
541:03 trade with the trend. The trend is your friend. So you guys can see the 4 hour
541:05 friend. So you guys can see the 4 hour close very strong. I am going to just
541:07 close very strong. I am going to just continue to hold this trade. Uh if
541:10 continue to hold this trade. Uh if tomorrow closes under this line right
541:14 tomorrow closes under this line right here, not this one. I'm just copy and
541:16 here, not this one. I'm just copy and pasting. If the candlestick closes under
541:19 pasting. If the candlestick closes under this line right there, we will probably
541:22 this line right there, we will probably turn this into over
541:25 turn this into over $15,000
541:27 $15,000 easily. So let's wait for now. Simply
541:30 easily. So let's wait for now. Simply just set and forget. So, if you want to
541:33 just set and forget. So, if you want to receive something, first you got to
541:34 receive something, first you got to give. And I actually put this to test
541:36 give. And I actually put this to test later throughout the journey and it came
541:38 later throughout the journey and it came back 10 times more. So, a little bit
541:41 back 10 times more. So, a little bit more on that later in the journey. And
541:42 more on that later in the journey. And then the usual happened every single
541:44 then the usual happened every single time. You set and forget. The trade
541:46 time. You set and forget. The trade ended up going to 15,000 [ __ ]
541:48 ended up going to 15,000 [ __ ] dollars. 15,500.
541:50 dollars. 15,500. So, exactly what I was mentioning to you
541:52 So, exactly what I was mentioning to you guys earlier. I have to see like you
541:54 guys earlier. I have to see like you can't just close a trade right away,
541:55 can't just close a trade right away, right? Cuz you got to look. So,
541:56 right? Cuz you got to look. So, obviously, we're going to close a trade
541:58 obviously, we're going to close a trade because we wanted it to close under this
542:00 because we wanted it to close under this line. Well, under this right here and
542:03 line. Well, under this right here and actively looks like we are piercing
542:05 actively looks like we are piercing through that. So, this candlestick
542:07 through that. So, this candlestick closes in the next five minutes as you
542:09 closes in the next five minutes as you can see right over here. And if this
542:12 can see right over here. And if this candlestick closes under this line, it
542:14 candlestick closes under this line, it will mean that it closes under this
542:15 will mean that it closes under this structure point. And then there, I truly
542:18 structure point. And then there, I truly do believe that it could then easily go
542:21 do believe that it could then easily go from here to then this point right here.
542:25 from here to then this point right here. So, right now, we literally got to wait
542:26 So, right now, we literally got to wait the next 5 minutes. If it closes above
542:28 the next 5 minutes. If it closes above like that, I'm going to close it right
542:29 like that, I'm going to close it right then and there. If not, I'll squeeze it
542:31 then and there. If not, I'll squeeze it in for the little bit extra right here.
542:33 in for the little bit extra right here. And just to show you guys, we're up
542:34 And just to show you guys, we're up about 15,100
542:36 about 15,100 right now. [ __ ] bro.
542:40 right now. [ __ ] bro. Trey started reversing on me, dude. Look
542:42 Trey started reversing on me, dude. Look at this, bro. [ __ ] Trey started
542:44 at this, bro. [ __ ] Trey started reversing. We were up like 15,000 here
542:46 reversing. We were up like 15,000 here and now, bro.
542:49 and now, bro. Like I said, I forget too much, bro.
542:52 Like I said, I forget too much, bro. It's like we closed the trade like 2
542:54 It's like we closed the trade like 2 hours ago. So, right now, it's currently
542:56 hours ago. So, right now, it's currently 12:30 in the afternoon. Right here, you
542:59 12:30 in the afternoon. Right here, you guys can see where the account is. It's
543:01 guys can see where the account is. It's officially closed at $15,000.
543:05 officially closed at $15,000. You guys can see right here in the
543:07 You guys can see right here in the history. So, you guys can see that we
543:08 history. So, you guys can see that we officially closed this trade at $12,200
543:12 officially closed this trade at $12,200 in profit. So, we closed it earlier,
543:15 in profit. So, we closed it earlier, literally as soon as I told you guys,
543:16 literally as soon as I told you guys, pretty much after it closed that line.
543:17 pretty much after it closed that line. So, it did make it all the way up to
543:19 So, it did make it all the way up to this structure point and then it had a
543:21 this structure point and then it had a reaction. So, pretty much exactly what I
543:23 reaction. So, pretty much exactly what I explained, it's going to have a reaction
543:25 explained, it's going to have a reaction from that structure point right here.
543:27 from that structure point right here. And if we follow this line, it's exactly
543:28 And if we follow this line, it's exactly what it did. So, our entry points are as
543:31 what it did. So, our entry points are as precise as they get. Our stop losses,
543:34 precise as they get. Our stop losses, our takerit, everything with the seven
543:36 our takerit, everything with the seven figure strategy, [ __ ] sniper. Yo, the
543:39 figure strategy, [ __ ] sniper. Yo, the goal for the week was 6 grand. We are at
543:43 goal for the week was 6 grand. We are at $15,000.
543:45 $15,000. So, if we were to close at 6 grand this
543:46 So, if we were to close at 6 grand this week, the goal for next week was to turn
543:49 week, the goal for next week was to turn 6 to 12. So, we just did this week and
543:53 6 to 12. So, we just did this week and next week's goal. Oh, [ __ ] We should go
543:56 next week's goal. Oh, [ __ ] We should go on a vacation.
543:57 on a vacation. We're ahead of schedule.
543:58 We're ahead of schedule. We should just [ __ ] off for 2 weeks,
544:01 We should just [ __ ] off for 2 weeks, right?
544:01 right? Keep in mind, I'm looking at the numbers
544:03 Keep in mind, I'm looking at the numbers on the screen because you guys like to
544:05 on the screen because you guys like to see it. I hate looking at the Metatrader
544:07 see it. I hate looking at the Metatrader and the money go up and down. I hate it.
544:08 and the money go up and down. I hate it. It [ __ ] with your mind. I only like
544:10 It [ __ ] with your mind. I only like looking at the charts because what
544:12 looking at the charts because what happens in the charts directly
544:13 happens in the charts directly correlates with what's happening on the
544:16 correlates with what's happening on the numbers. What happens on the numbers
544:18 numbers. What happens on the numbers does not mean that that affects the
544:20 does not mean that that affects the charts. The charts affects the numbers.
544:22 charts. The charts affects the numbers. I only like looking at the charts
544:23 I only like looking at the charts because I can make a logical decision
544:25 because I can make a logical decision based off of the price action. I can't
544:27 based off of the price action. I can't make a logical decision based off of me
544:30 make a logical decision based off of me being up 5,000 or 6,000. What connection
544:32 being up 5,000 or 6,000. What connection does that have to the charts? Zero. So,
544:34 does that have to the charts? Zero. So, I started implementing that and
544:36 I started implementing that and educating people on it. And they
544:37 educating people on it. And they everybody kind of had like a oh, an aha
544:39 everybody kind of had like a oh, an aha moment. They're like, oh, you know what?
544:41 moment. They're like, oh, you know what? That does make sense. I should only look
544:42 That does make sense. I should only look at the charts and not the numbers
544:44 at the charts and not the numbers because if you focus on the structure,
544:46 because if you focus on the structure, the structure is going to equal the
544:48 the structure is going to equal the money. This is like the prime where I
544:50 money. This is like the prime where I was in the challenge in terms of ahead.
544:52 was in the challenge in terms of ahead. Like I had so much time ahead of what I
544:55 Like I had so much time ahead of what I anticipated to have that I felt like the
544:58 anticipated to have that I felt like the king of the world at this point. So we
544:59 king of the world at this point. So we ended off week three closing at about
545:01 ended off week three closing at about $15,000 in profit where then the goal
545:03 $15,000 in profit where then the goal for next week was to then take the 15k
545:05 for next week was to then take the 15k to then 30k. It's week four of me
545:07 to then 30k. It's week four of me turning $100 into a million. Last week
545:09 turning $100 into a million. Last week we were trying to turn $3,000 up to
545:12 we were trying to turn $3,000 up to $6,000. Now the next week actually
545:14 $6,000. Now the next week actually started off kind of slow. No trades
545:16 started off kind of slow. No trades towards the beginning of the week. So,
545:17 towards the beginning of the week. So, we kind of just had fun. Jim, drift. Uh,
545:20 we kind of just had fun. Jim, drift. Uh, I think I bought a dope art piece from
545:22 I think I bought a dope art piece from Atlanta. Atlanta just pulled up. So,
545:24 Atlanta. Atlanta just pulled up. So, Atlanta just did a collab with Trump
545:25 Atlanta just did a collab with Trump where he pulled up. He actually signed
545:27 where he pulled up. He actually signed one of the paintings that he did. I
545:29 one of the paintings that he did. I actually have a bunch of Atlanta paint
545:31 actually have a bunch of Atlanta paint throughout my entire house. But, I just
545:32 throughout my entire house. But, I just got two new posters. Going to give one
545:33 got two new posters. Going to give one to one of my family members are all
545:35 to one of my family members are all about Trump and I want to put one on the
545:36 about Trump and I want to put one on the wall. I think this is a legendary ass
545:38 wall. I think this is a legendary ass picture and then Arana did itself. Let's
545:40 picture and then Arana did itself. Let's go check it out.
545:44 go check it out. Oh [ __ ] So, this came in a frame with
545:46 Oh [ __ ] So, this came in a frame with everything.
545:46 everything. Yeah. You got the first two. Literally
545:48 Yeah. You got the first two. Literally the first two.
545:48 the first two. Okay.
545:54 So that's that's basically where he signed it on the on the original one.
545:56 signed it on the on the original one. Yeah. But this that's my signature.
545:59 Yeah. But this that's my signature. Oh, okay. So yeah, but he said like
546:00 Oh, okay. So yeah, but he said like somewhere.
546:01 somewhere. Exactly. Yeah.
546:02 Exactly. Yeah. Okay. Oh, wait. So this is one out of
546:03 Okay. Oh, wait. So this is one out of 47.
546:04 47. Yeah. One and that's two
546:05 Yeah. One and that's two and two out of 47.
546:06 and two out of 47. Oh [ __ ] So I got the real
546:12 appreciate you, bro. This is lit. So, for people that don't know, I was the
546:14 for people that don't know, I was the first person that trusted our lander to
546:16 first person that trusted our lander to paint a Lamborghin.
546:21 It's crazy. He hit me up. He was like, "Yo, I'm
546:22 He hit me up. He was like, "Yo, I'm going to do art basel." What was that?
546:23 going to do art basel." What was that? 2020
546:24 2020 2022.
546:25 2022. 2022.
546:26 2022. So, yo, I want I want to paint your
546:27 So, yo, I want I want to paint your Lambo and Art Basel. And I'm like, dog,
546:29 Lambo and Art Basel. And I'm like, dog, I don't know. Sounds a little crazy. I'm
546:32 I don't know. Sounds a little crazy. I'm like, you know what? [ __ ] it. Let's do
546:33 like, you know what? [ __ ] it. Let's do two Lambo. So, we did my hood and it was
546:35 two Lambo. So, we did my hood and it was Sensei's whole entire.
546:38 Sensei's whole entire. Mhm.
546:38 Mhm. Then we did the rolls.
546:39 Then we did the rolls. The Dawn.
546:40 The Dawn. Oh, yeah. That's right. the D.
546:41 Oh, yeah. That's right. the D. Look, I you know I have this painting.
546:43 Look, I you know I have this painting. Oh, the Kobe.
546:46 Oh, the Kobe. Yeah.
546:46 Yeah. Damn. I haven't seen this one minute.
546:49 Damn. I haven't seen this one minute. Yeah. Yeah. Jordan gifted me this one.
546:52 Yeah. Yeah. Jordan gifted me this one. Yeah, I remember that.
546:53 Yeah, I remember that. But then the unexpected happened. Well,
546:55 But then the unexpected happened. Well, kind of expected because I started
546:57 kind of expected because I started getting bored in the challenge. I'm so
546:58 getting bored in the challenge. I'm so ahead. I feel like Superman. I'm winning
547:00 ahead. I feel like Superman. I'm winning every trade. I'm ahead by four or five
547:02 every trade. I'm ahead by four or five weeks. I feel like I can take any trade.
547:04 weeks. I feel like I can take any trade. So, the market wasn't giving me protrend
547:07 So, the market wasn't giving me protrend trades, meaning having markets that have
547:09 trades, meaning having markets that have every single time frame in the favor to
547:11 every single time frame in the favor to trade with and there was just nothing
547:13 trade with and there was just nothing available that checked out everything in
547:15 available that checked out everything in my trading plan. I had to do something
547:19 my trading plan. I had to do something degenerate, take trades that I shouldn't
547:21 degenerate, take trades that I shouldn't be taking. All right, guys. Market
547:23 be taking. All right, guys. Market update. So, I spent the morning kind of
547:25 update. So, I spent the morning kind of just focusing, locking in, diving on
547:27 just focusing, locking in, diving on this trade to see if I was making the
547:29 this trade to see if I was making the right decision because we have
547:30 right decision because we have officially taken the most degenerate
547:32 officially taken the most degenerate trade of the whole entire [ __ ]
547:34 trade of the whole entire [ __ ] challenge. The biggest counter trend
547:36 challenge. The biggest counter trend trade. It's such a den trade that I did
547:39 trade. It's such a den trade that I did not risk 100%. I risked 20% on this
547:41 not risk 100%. I risked 20% on this trade. So, to show you guys currently
547:43 trade. So, to show you guys currently market update and we are negative about
547:47 market update and we are negative about $500 cuz we literally just entered the
547:48 $500 cuz we literally just entered the trade as the candlestick just closed
547:50 trade as the candlestick just closed right now. So yesterday on EuroUSD, I'm
547:53 right now. So yesterday on EuroUSD, I'm sure you guys can remember that I was
547:55 sure you guys can remember that I was anticipating for price to have a sell
547:57 anticipating for price to have a sell from this point up here to then reject
548:00 from this point up here to then reject and then for price to actually make it
548:02 and then for price to actually make it all the way down here to then have the
548:04 all the way down here to then have the actual buy on EuroUSD because we're
548:07 actual buy on EuroUSD because we're anticipating for Euro USD to make it all
548:10 anticipating for Euro USD to make it all the way down here, reject this level,
548:12 the way down here, reject this level, and then head to the upside. Since we
548:14 and then head to the upside. Since we broke out, we never retested it. So
548:16 broke out, we never retested it. So we're expecting for that retest. And
548:18 we're expecting for that retest. And here on the 1 hour you can very very
548:21 here on the 1 hour you can very very clearly see that we are creating a
548:23 clearly see that we are creating a potential left head right shoulder.
548:26 potential left head right shoulder. Again it's not a confirmed right
548:28 Again it's not a confirmed right shoulder and so we don't break under
548:30 shoulder and so we don't break under this neckline but I believe what it's
548:32 this neckline but I believe what it's creating right here it's such a strong
548:34 creating right here it's such a strong level of accumulation looks like a 1
548:36 level of accumulation looks like a 1 hour double top 30 minute time frame. I
548:40 hour double top 30 minute time frame. I see it I almost see it like squeezing
548:42 see it I almost see it like squeezing into this inwards uh triangle whatever
548:46 into this inwards uh triangle whatever you want to call this. Again, I hate
548:47 you want to call this. Again, I hate trend lines and I hate all this stuff
548:49 trend lines and I hate all this stuff cuz they're very subjective, but you can
548:51 cuz they're very subjective, but you can literally see how price is squeezing
548:53 literally see how price is squeezing into this area. And I personally believe
548:56 into this area. And I personally believe it's going to have more of a reason to
548:58 it's going to have more of a reason to burst down than burst up. I could be
549:01 burst down than burst up. I could be completely wrong because I don't believe
549:03 completely wrong because I don't believe that this area that is rejecting from
549:06 that this area that is rejecting from right now is going to be the area to
549:08 right now is going to be the area to continue pushing to the upside. I think
549:09 continue pushing to the upside. I think such a strong move like this has to have
549:12 such a strong move like this has to have a deeper retracement before actually
549:14 a deeper retracement before actually heading to the upside. So when I go down
549:17 heading to the upside. So when I go down to the 4our, this 4hour candlestick
549:20 to the 4our, this 4hour candlestick still has about 3 hours to close and the
549:23 still has about 3 hours to close and the last one closes a very indecisive
549:25 last one closes a very indecisive candle. I think this next one can engulf
549:27 candle. I think this next one can engulf close under this which then on the 1
549:29 close under this which then on the 1 hour, it'll give us the break under this
549:31 hour, it'll give us the break under this neckline of the head and shoulders. If
549:33 neckline of the head and shoulders. If you notice, I put my stop loss a little
549:35 you notice, I put my stop loss a little bit right above this level because if we
549:37 bit right above this level because if we pretty much break above this, the trade
549:39 pretty much break above this, the trade is just going to keep going to the
549:40 is just going to keep going to the upside.
549:42 upside. Oh, that that doesn't seem very good.
549:44 Oh, that that doesn't seem very good. I'm not good.
549:46 I'm not good. I mean, I called it, you know, I don't
549:48 I mean, I called it, you know, I don't really care. Um, I'm glad that I ended
549:51 really care. Um, I'm glad that I ended up getting that out of my system. I'm a
549:52 up getting that out of my system. I'm a [ __ ] idiot, bro. Like, I mean,
549:54 [ __ ] idiot, bro. Like, I mean, technically, we're still in the trade,
549:55 technically, we're still in the trade, right? So, it could clearly reject this
549:57 right? So, it could clearly reject this level right here, so it can literally
549:59 level right here, so it can literally have the same reaction to the downside
550:01 have the same reaction to the downside and then this same reaction to the
550:02 and then this same reaction to the downside. That's why I'm very strategic
550:04 downside. That's why I'm very strategic with my stop-loss placement. But, the
550:05 with my stop-loss placement. But, the trade that I should be taking is at the
550:07 trade that I should be taking is at the break and retest from the neckline of
550:08 break and retest from the neckline of the head and shoulders. Like, I know
550:10 the head and shoulders. Like, I know this. I I know this, you know, I just
550:12 this. I I know this, you know, I just decided to want to get involved. But,
550:14 decided to want to get involved. But, I'm not mad. doesn't really set us back
550:16 I'm not mad. doesn't really set us back much in the challenge. There's an
550:17 much in the challenge. There's an unnecessary loss. Well, not a loss yet,
550:19 unnecessary loss. Well, not a loss yet, but it's just a trade update. So, it's
550:20 but it's just a trade update. So, it's just like an hour later from the last
550:22 just like an hour later from the last time that we took the trade. So,
550:28 yeah. Now, we just got to wait. And this is what a lot of you guys do. A lot of
550:30 is what a lot of you guys do. A lot of you guys do this. A lot of you guys will
550:31 you guys do this. A lot of you guys will take trades that you shouldn't be
550:33 take trades that you shouldn't be taking, but you guys won't put the blame
550:35 taking, but you guys won't put the blame on yourself or hold yourself
550:36 on yourself or hold yourself accountable. I know exactly what I did.
550:38 accountable. I know exactly what I did. I did the wrong thing. Now, do I accept
550:41 I did the wrong thing. Now, do I accept it? 100%. You guys, when you do the
550:43 it? 100%. You guys, when you do the wrong things, you don't accept it.
550:45 wrong things, you don't accept it. You're ready to put the blame on the on
550:46 You're ready to put the blame on the on someone's strategy, on the markets, on
550:48 someone's strategy, on the markets, on anything but yourself. That's what once
550:51 anything but yourself. That's what once you start having that self-recognition
550:52 you start having that self-recognition is once you start developing a
550:56 is once you start developing a nonchalant character for trading in the
550:58 nonchalant character for trading in the markets. And that's how you truly become
550:59 markets. And that's how you truly become successful because you realize that your
551:01 successful because you realize that your success, whatever the outcome is,
551:04 success, whatever the outcome is, successful or not, is 100% because of
551:06 successful or not, is 100% because of you, not because of another outsource.
551:07 you, not because of another outsource. Like I'm the one that clicked the sell
551:09 Like I'm the one that clicked the sell button. The phone didn't click it just
551:10 button. The phone didn't click it just for me, you know? So, for now, set up
551:13 for me, you know? So, for now, set up for
551:15 for I can't do this one.
551:29 We took the first [ __ ] loss in the 100 to the middle count.
551:38 [ __ ] man. And uh yeah, first loss in the challenge and I said, you know what,
551:40 the challenge and I said, you know what, this loss isn't because of my strategy.
551:43 this loss isn't because of my strategy. My strategy works. There was just no
551:45 My strategy works. There was just no opportunities that week that align with
551:47 opportunities that week that align with my strategy. I decided to be a slick
551:50 my strategy. I decided to be a slick ass, wanted to be smart, and take trades
551:52 ass, wanted to be smart, and take trades that I shouldn't because I was bored,
551:53 that I shouldn't because I was bored, because I felt like I was Superman. And
551:56 because I felt like I was Superman. And this is the week where I decided to
551:57 this is the week where I decided to implement a punishment. every single
552:00 implement a punishment. every single time I break my trading plan, I then
552:02 time I break my trading plan, I then have to do something in order so I hold
552:04 have to do something in order so I hold myself accountable because again,
552:06 myself accountable because again, there's hundreds of thousands of people
552:07 there's hundreds of thousands of people watching these videos, uh, following all
552:09 watching these videos, uh, following all the trades, making money with me, losing
552:11 the trades, making money with me, losing money with me. And I don't mind losing
552:14 money with me. And I don't mind losing money if I am following my trading plan.
552:16 money if I am following my trading plan. But if I'm breaking my trading plan, I
552:18 But if I'm breaking my trading plan, I do mind losing money because I shouldn't
552:20 do mind losing money because I shouldn't not be doing that. I should only lose
552:22 not be doing that. I should only lose money when I follow my trading plan. So
552:23 money when I follow my trading plan. So whenever I don't follow my trading plan,
552:25 whenever I don't follow my trading plan, there has to be a punishment. And that's
552:27 there has to be a punishment. And that's where the beetle came in. I have owned
552:29 where the beetle came in. I have owned Lamborghinis,
552:31 Lamborghinis, Ferraris, Porsches,
552:33 Ferraris, Porsches, Rolls-Royces,
552:35 Rolls-Royces, McLaren,
552:35 McLaren, McLar bro, McLaren. How can I forget
552:37 McLar bro, McLaren. How can I forget about that? But this right here is going
552:40 about that? But this right here is going to put the biggest smile on my face.
552:43 to put the biggest smile on my face. Biggest.
552:45 Biggest. Don't show them just yet.
552:47 Don't show them just yet. This right here is my new
552:51 This right here is my new masterpiece.
552:57 Yes, bro.
553:00 bro. Perfect. Perfect.
553:03 Perfect. Perfect. Oh,
553:06 Oh, yeah. We're getting a haircut on
553:07 yeah. We're getting a haircut on Thursday night instead of tomorrow. We
553:08 Thursday night instead of tomorrow. We always get a haircut Friday morning.
553:10 always get a haircut Friday morning. We're getting one tonight cuz Eric is
553:11 We're getting one tonight cuz Eric is not available.
553:13 not available. [Music]
553:24 What the [ __ ] is that? What do you mean, bro? What is that [ __ ] My new part.
553:28 bro? What is that [ __ ] My new part. You don't like it? That's fake. That's
553:31 You don't like it? That's fake. That's fake. Just park up. Park up.
553:35 fake. Just park up. Park up. [Music]
553:36 [Music] Let me Let me explain to you guys the
553:38 Let me Let me explain to you guys the real moral behind this car right here.
553:39 real moral behind this car right here. So, this is so I follow my trading plan
553:41 So, this is so I follow my trading plan and my trading rules. Obviously, I have
553:42 and my trading rules. Obviously, I have a [ __ ] ton of cool cars, but this is
553:44 a [ __ ] ton of cool cars, but this is going to humble me every single time I
553:46 going to humble me every single time I break my trading plan. This week, I have
553:49 break my trading plan. This week, I have broken my trading plan twice. Meaning
553:51 broken my trading plan twice. Meaning every single time I break my trading
553:53 every single time I break my trading plan, I cannot drive any of my cars for
553:56 plan, I cannot drive any of my cars for 24 hours. The only car that I can drive
553:58 24 hours. The only car that I can drive is this for 24 hours. So what is that
554:01 is this for 24 hours. So what is that going to incentivize me to do? To not
554:03 going to incentivize me to do? To not break my trading plan. Every single time
554:05 break my trading plan. Every single time I break my trading plan, I have to drive
554:07 I break my trading plan, I have to drive this for 24 hours. That's just the price
554:09 this for 24 hours. That's just the price and the consequence that I have to pay.
554:12 and the consequence that I have to pay. What do you think?
554:13 What do you think? You [ __ ] stuff.
554:15 You [ __ ] stuff. And it's manual.
554:16 And it's manual. It is.
554:16 It is. Yeah, it's four. It's four-speed. Wait,
554:18 Yeah, it's four. It's four-speed. Wait, you going to drift it? That's just 1966.
554:21 you going to drift it? That's just 1966. Oh, wait. Sense is here.
554:22 Oh, wait. Sense is here. Give me a
554:24 Give me a You don't like it?
554:24 You don't like it? No.
554:26 No. Sorry.
554:27 Sorry. Give me a Yeah. Yeah. Yeah. You like it?
554:31 Give me a Yeah. Yeah. Yeah. You like it? [Laughter]
554:33 [Laughter] We're going to be blessed if we get a
554:34 We're going to be blessed if we get a [ __ ] whiff of air in that.
554:38 [ __ ] whiff of air in that. No air. Oh [ __ ]
554:40 No air. Oh [ __ ] That's
554:59 All right. All right. All right. All right.
555:07 Oh, we out. Oh, dude. It's not that bad at all.
555:09 at all. Oh, this is fantastic.
555:22 Oh yo, it barely has
555:23 yo, it barely has Oh my god.
555:24 Oh my god. Oh, it has no brakes.
555:26 Oh, it has no brakes. That thing is leaning, boy.
555:28 That thing is leaning, boy. Is it leaking?
555:29 Is it leaking? No. Leaning. Leaning.
555:30 No. Leaning. Leaning. Leaning what way?
555:31 Leaning what way? Like this?
555:32 Like this? Really?
555:33 Really? Hey,
555:35 Hey, follow your training plan. If not,
555:38 follow your training plan. If not, you're going to be like me.
555:40 you're going to be like me. Oh [ __ ]
555:42 Oh [ __ ] Oh [ __ ]
555:59 [ __ ] beetle. And I leave so much by example that I went to go do some
556:01 example that I went to go do some student podcast with students that have
556:03 student podcast with students that have made over $100,000 with my strategy. And
556:06 made over $100,000 with my strategy. And instead of me pulling up in a super car
556:08 instead of me pulling up in a super car and taking them for a cool journey as I
556:10 and taking them for a cool journey as I normally do, I pulled up in the Beetle.
556:13 normally do, I pulled up in the Beetle. Even the students were making fun of me
556:15 Even the students were making fun of me cuz they expect for me to pull up and
556:17 cuz they expect for me to pull up and show them the lifestyle. And I showed
556:19 show them the lifestyle. And I showed them the real lifestyle. I broke my
556:21 them the real lifestyle. I broke my trading plans and now I'm driving this
556:22 trading plans and now I'm driving this piece of [ __ ] And I wanted to show it
556:24 piece of [ __ ] And I wanted to show it as an example to them. Like, yeah, all
556:25 as an example to them. Like, yeah, all right, cool. My student made 100,000,
556:27 right, cool. My student made 100,000, but buddy, I want to let you know you
556:29 but buddy, I want to let you know you need to have something to hold you
556:31 need to have something to hold you accountable how I am right now. because
556:33 accountable how I am right now. because if you don't, you're going to probably
556:35 if you don't, you're going to probably end up driving a car like this. So
556:36 end up driving a car like this. So that's why I led by example and to
556:39 that's why I led by example and to showed the students live in person that
556:41 showed the students live in person that they need to continue to follow the
556:43 they need to continue to follow the training plan to be successful. The
556:44 training plan to be successful. The moment they don't, they're going to end
556:45 moment they don't, they're going to end up in a car like that. It's kind of a
556:47 up in a car like that. It's kind of a funny way to look at it, but it's the
556:48 funny way to look at it, but it's the reality of the situation. This is where
556:50 reality of the situation. This is where the humbling begins. You guys know how
556:52 the humbling begins. You guys know how much I love driving my Porsche GT3 and
556:55 much I love driving my Porsche GT3 and driving it like a man and driving my
556:57 driving it like a man and driving my Ferrari and driving it like a man.
557:00 Ferrari and driving it like a man. But man's got to do what a man's got to
557:02 But man's got to do what a man's got to do, and a man's got to pay the price.
557:05 do, and a man's got to pay the price. And I'm doing this to show you guys that
557:06 And I'm doing this to show you guys that I'm holding myself accountable for
557:08 I'm holding myself accountable for breaking my rules. And as you guys can
557:11 breaking my rules. And as you guys can tell, I've already attempted to drive
557:13 tell, I've already attempted to drive this vehicle. And uh today starts the
557:17 this vehicle. And uh today starts the 24-hour clock where I will only drive
557:20 24-hour clock where I will only drive the Beetle. What name should we give the
557:22 the Beetle. What name should we give the Beetle? Keep in mind, it's a 1966
557:25 Beetle? Keep in mind, it's a 1966 Volkswagen Beetle. It has the original
557:27 Volkswagen Beetle. It has the original engine, four-speed transmission.
557:30 engine, four-speed transmission. I tried turning it on earlier. It did
557:31 I tried turning it on earlier. It did not work. We're going to try again right
557:33 not work. We're going to try again right now. So, this is to show you guys that
557:35 now. So, this is to show you guys that I'm going back to my roots of me
557:37 I'm going back to my roots of me literally having to hold myself
557:40 literally having to hold myself accountable when I do something wrong. I
557:42 accountable when I do something wrong. I don't want to do this. But if I don't
557:44 don't want to do this. But if I don't follow my trading plan, I will no longer
557:47 follow my trading plan, I will no longer be able to drive a [ __ ] Ferrari or a
557:49 be able to drive a [ __ ] Ferrari or a Porsche. I'm going to probably be
557:50 Porsche. I'm going to probably be driving some [ __ ] like this. So, I'm
557:52 driving some [ __ ] like this. So, I'm going to keep following my trading plan
557:54 going to keep following my trading plan so I don't end up in a [ __ ] car like
557:56 so I don't end up in a [ __ ] car like this. Please turn on
557:59 this. Please turn on [Music]
558:11 What name should we give it? Should it be a he? Should it be a her? Come on.
558:13 be a he? Should it be a her? Come on. Come on.
558:15 Come on. Work my way up.
558:19 Work my way up. Watch. You guys know about this. What
558:22 Watch. You guys know about this. What profitable trader knows how to do this?
558:44 Heat. Heat. [Music]
559:01 All right. Yeah, we only got space for two.
559:03 two. Oh. Oh,
559:21 So, we ended off on week four with the first loss that we had in the whole
559:23 first loss that we had in the whole entire challenge. So, this was a big
559:25 entire challenge. So, this was a big uppercut to my ego because to this
559:27 uppercut to my ego because to this point, I felt invincible. I literally
559:29 point, I felt invincible. I literally felt like I could do anything. I could
559:30 felt like I could do anything. I could win every single trade. It's week five
559:31 win every single trade. It's week five of me trying to turn $100 into a million
559:34 of me trying to turn $100 into a million day trading. Last week, we ended up
559:37 day trading. Last week, we ended up taking two unnecessary losses because I
559:39 taking two unnecessary losses because I broke my trading plan. So, we started
559:41 broke my trading plan. So, we started off the challenge with about 8,000,
559:43 off the challenge with about 8,000, which is where we left off last week
559:44 which is where we left off last week because we took the account from 15 to
559:46 because we took the account from 15 to 8,000. So, at this point in the
559:48 8,000. So, at this point in the challenge, I am not scared to execute a
559:51 challenge, I am not scared to execute a position. I'm being a little bit more
559:52 position. I'm being a little bit more selective. So, I actually avoided some
559:55 selective. So, I actually avoided some wins that I could have taken, but I also
559:56 wins that I could have taken, but I also avoided a couple of losses that I could
559:58 avoided a couple of losses that I could have taken. And funny enough, because
560:00 have taken. And funny enough, because some of my friends were actually calling
560:02 some of my friends were actually calling me in the middle of the week saying,
560:03 me in the middle of the week saying, "Hey, you're going to get enter this and
560:04 "Hey, you're going to get enter this and enter this." I'm like, "No, dude. Trust
560:06 enter this." I'm like, "No, dude. Trust me, I'm not going to enter these counter
560:07 me, I'm not going to enter these counter trend trades. I don't want to drive to
560:09 trend trades. I don't want to drive to [ __ ] beat him. My god, what the [ __ ]
560:14 [ __ ] beat him. My god, what the [ __ ] Oh, wow. I just saw this right now. So,
560:16 Oh, wow. I just saw this right now. So, NZDUSD.
560:21 I'm actually laughing because one of my friends called me earlier. He's like,
560:22 friends called me earlier. He's like, "Yo, what should I do with NZDUSD? I
560:25 "Yo, what should I do with NZDUSD? I entered earlier this week, Sunday night,
560:27 entered earlier this week, Sunday night, when you sent it out on Sundays." This
560:28 when you sent it out on Sundays." This is one of my friends that I went to high
560:30 is one of my friends that I went to high school with. Literally, one of the only
560:31 school with. Literally, one of the only close friends that I have outside of,
560:33 close friends that I have outside of, you know, my my team. And he told me,
560:36 you know, my my team. And he told me, he's like, "Yo, should I close NZDUSD or
560:39 he's like, "Yo, should I close NZDUSD or do I hold?" I'm like, "Dude, if you hold
560:42 do I hold?" I'm like, "Dude, if you hold it can have the risk of having a
560:44 it can have the risk of having a pullback. I don't think you should hold.
560:46 pullback. I don't think you should hold. I think you should close." He's like,
560:48 I think you should close." He's like, "No, no, no, no. I'm going to set and
560:49 "No, no, no, no. I'm going to set and forget." I'm like, "Brother, you have to
560:52 forget." I'm like, "Brother, you have to know when to set and forget and when to
560:54 know when to set and forget and when to not set and forget. This is not the time
560:56 not set and forget. This is not the time you don't want to like not close this
560:59 you don't want to like not close this trade." And I'm laughing cuz I know he
561:01 trade." And I'm laughing cuz I know he is. I don't I'm going to call him. I'm
561:03 is. I don't I'm going to call him. I'm going call him. Yeah. So I'm that friend
561:05 going call him. Yeah. So I'm that friend that I'll call you a 100 times. I don't
561:07 that I'll call you a 100 times. I don't give a [ __ ]
561:10 give a [ __ ] Yo.
561:11 Yo. Yo, you're sleeping
561:12 Yo, you're sleeping about to
561:14 about to Have you seen your trade?
561:16 Have you seen your trade? Yeah. [ __ ] you,
561:22 bro. [ __ ] me. I told you, bro.
561:24 [ __ ] me. I told you, bro. You told me to have a pullback, not a
561:25 You told me to have a pullback, not a whole [ __ ] move straight down.
561:34 This what I told you, bro. I told you it was going to have a pullback, bro. You
561:35 was going to have a pullback, bro. You don't [ __ ] listen to me, dog. What do
561:37 don't [ __ ] listen to me, dog. What do you think?
561:37 you think? You told me set and forget.
561:39 You told me set and forget. No, no, no, no, no, no, no, no. I told
561:40 No, no, no, no, no, no, no, no. I told you don't set and forget this trade.
561:42 you don't set and forget this trade. It's going to have a pullback. You
561:44 It's going to have a pullback. You didn't listen to me, bro. Yo, I didn't I
561:46 didn't listen to me, bro. Yo, I didn't I literally told you, bro. I'm like, yo,
561:48 literally told you, bro. I'm like, yo, it's going to it's going to have the
561:49 it's going to it's going to have the pullback. So, week five, we actually did
561:51 pullback. So, week five, we actually did not end up taking any trades at all. We
561:54 not end up taking any trades at all. We did a lot of action stuff. I went to go
561:56 did a lot of action stuff. I went to go look at a new penthouse that I was
561:57 look at a new penthouse that I was looking to move into. the Bugatti that I
561:59 looking to move into. the Bugatti that I bought, my pink Bugatti. We got delivery
562:02 bought, my pink Bugatti. We got delivery of it with Jane Juice, which is another
562:04 of it with Jane Juice, which is another successful student of mine from the
562:06 successful student of mine from the 30-day boot camp.
562:07 30-day boot camp. So, I bought a new car. So, you Yeah.
562:09 So, I bought a new car. So, you Yeah. You don't know what car, right?
562:10 You don't know what car, right? You don't?
562:10 You don't? No.
562:11 No. All right. You're about to know in a
562:12 All right. You're about to know in a little bit.
562:12 little bit. So, I was going to say something and say
562:14 So, I was going to say something and say some words of courage, but all I have to
562:16 some words of courage, but all I have to say is set and forget. That's all I got
562:18 say is set and forget. That's all I got to say.
562:18 to say. You think, bro?
562:20 You think, bro? I have no words to say, honestly. And
562:22 I have no words to say, honestly. And it's
562:23 it's You're the only one that knows, bro.
562:24 You're the only one that knows, bro. No, no, no. I I I'm speechless.
562:27 No, no, no. I I I'm speechless. Honestly, I'm not going to say anything.
562:28 Honestly, I'm not going to say anything. I I'll I'll I'll leave it for you guys
562:30 I I'll I'll I'll leave it for you guys to see it.
562:31 to see it. Well, he has made over a4 million
562:33 Well, he has made over a4 million dollars in trading in under 6 months. He
562:35 dollars in trading in under 6 months. He got into my first boot camp at the
562:37 got into my first boot camp at the beginning of the year and then later
562:39 beginning of the year and then later throughout 6 months after applying
562:41 throughout 6 months after applying everything he learned in the strategy,
562:42 everything he learned in the strategy, he made more than a quart million
562:43 he made more than a quart million dollars. I find out I'm like, "Dude,
562:45 dollars. I find out I'm like, "Dude, pull up to Miami. Let's do a podcast."
562:47 pull up to Miami. Let's do a podcast." You know, I like to show traders that if
562:50 You know, I like to show traders that if they apply the strategy and they do
562:51 they apply the strategy and they do everything the right way, the lifestyle
562:52 everything the right way, the lifestyle that they want is just couple moves
562:55 that they want is just couple moves away, all you have to do is execute the
562:56 away, all you have to do is execute the strategy correctly. So later throughout
562:58 strategy correctly. So later throughout the week, just more day-to-day action in
563:00 the week, just more day-to-day action in my life, and we did not take any trades.
563:03 my life, and we did not take any trades. So keep in mind, the week before this,
563:05 So keep in mind, the week before this, we ended up taking our first loss. Then
563:07 we ended up taking our first loss. Then the week after this, which is week five,
563:09 the week after this, which is week five, we ended up taking no trades, which kind
563:11 we ended up taking no trades, which kind of made me feel a little bit not like
563:14 of made me feel a little bit not like Superman anymore because at the
563:15 Superman anymore because at the beginning of the challenge, I felt
563:16 beginning of the challenge, I felt invincible. Now this times, I'm getting
563:18 invincible. Now this times, I'm getting a little bit more humbled. I'm being
563:20 a little bit more humbled. I'm being very selective on the type of trades
563:22 very selective on the type of trades that I'm taking because obviously I
563:23 that I'm taking because obviously I don't want to blow the account now. I'm
563:25 don't want to blow the account now. I'm so ahead. I have so much time in front
563:26 so ahead. I have so much time in front of me that I want to be on track to
563:28 of me that I want to be on track to complete the challenge. It's week six of
563:30 complete the challenge. It's week six of me turning $100 into a million. And let
563:33 me turning $100 into a million. And let me tell you, you guys aren't ready for
563:35 me tell you, you guys aren't ready for this week. Then we started off week six
563:37 this week. Then we started off week six at same exact balance. The only
563:39 at same exact balance. The only difference now is that we have a Bugatti
563:41 difference now is that we have a Bugatti in the front of the driveway.
563:44 in the front of the driveway. Now we got views
563:46 Now we got views of my [ __ ] Bugatti. So if I don't
563:49 of my [ __ ] Bugatti. So if I don't complete this challenge,
563:51 complete this challenge, I can't afford the Bugatti. So I
563:54 I can't afford the Bugatti. So I definitely have to complete the
563:55 definitely have to complete the challenge and stay on route. So the goal
563:59 challenge and stay on route. So the goal doesn't feel right. Right. The Bugatti's
564:01 doesn't feel right. Right. The Bugatti's pink. I'm wearing blue.
564:04 pink. I'm wearing blue. I'll be right back. Give me a second.
564:07 I'll be right back. Give me a second. More like it, huh? Got to be on the same
564:10 More like it, huh? Got to be on the same vibe as a
564:12 vibe as a I cannot believe I [ __ ] did that.
564:14 I cannot believe I [ __ ] did that. Dude, still surreal.
564:17 Dude, still surreal. What's the payment on one of those?
564:19 What's the payment on one of those? My payment is 46,000
564:22 My payment is 46,000 a month and then the insurance is like
564:24 a month and then the insurance is like 2500. So, it comes out to like 4849,000
564:26 2500. So, it comes out to like 4849,000 every month. So, yeah, we got a lot of
564:29 every month. So, yeah, we got a lot of work to do to make that up.
564:30 work to do to make that up. And to start off the week, like always,
564:31 And to start off the week, like always, we do the Sunday swings. picked the top
564:33 we do the Sunday swings. picked the top two, top three markets for the week
564:34 two, top three markets for the week ahead. But I decided to go look at my
564:36 ahead. But I decided to go look at my track record on the trades that I'm
564:38 track record on the trades that I'm taking in the account to look at the
564:39 taking in the account to look at the stats, like what am I doing right, what
564:41 stats, like what am I doing right, what am I doing wrong, so I can learn from it
564:43 am I doing wrong, so I can learn from it and double down on what I'm doing right
564:44 and double down on what I'm doing right and fix what I'm doing wrong. Currently,
564:46 and fix what I'm doing wrong. Currently, we have taken the 100 bucks to $8,000.
564:49 we have taken the 100 bucks to $8,000. You guys can see that the starting
564:51 You guys can see that the starting balance was 100 bucks and it was just
564:52 balance was 100 bucks and it was just updated 44 minutes ago. down below over
564:56 updated 44 minutes ago. down below over here. You can currently see our win rate
564:58 here. You can currently see our win rate is currently a 70% of the total amount
565:02 is currently a 70% of the total amount of trades that we have taken. We've
565:03 of trades that we have taken. We've taken a total of seven amount of trades
565:05 taken a total of seven amount of trades and 100% of our trades have been short.
565:08 and 100% of our trades have been short. So, we have not taken any long positions
565:11 So, we have not taken any long positions and our average duration is an
565:13 and our average duration is an interesting 20 hours. Now, this right
565:15 interesting 20 hours. Now, this right here is going to be a problem very soon,
565:17 here is going to be a problem very soon, the commissions that we have on the
565:19 the commissions that we have on the account because the bigger obviously we
565:22 account because the bigger obviously we start scaling on this challenge. The
565:24 start scaling on this challenge. The more slippage, the more commission
565:26 more slippage, the more commission everything that we're it's going to cost
565:27 everything that we're it's going to cost us to trade. So, I might be switching
565:29 us to trade. So, I might be switching brokers very very soon. Not entirely
565:32 brokers very very soon. Not entirely sure just yet, but I will be letting you
565:34 sure just yet, but I will be letting you guys know if I do. Well, I don't market
565:36 guys know if I do. Well, I don't market a broker. I'm just going to let you guys
565:37 a broker. I'm just going to let you guys know if I switch to a broker. I don't
565:38 know if I switch to a broker. I don't plan to market any broker anytime soon.
565:40 plan to market any broker anytime soon. You know what's funny? I paid $2,000 for
565:42 You know what's funny? I paid $2,000 for that lighter. It doesn't work. Now I
565:44 that lighter. It doesn't work. Now I have to use this $20. What is it? How
565:46 have to use this $20. What is it? How much? I don't even know how much is
565:47 much? I don't even know how much is this. Like $5 at a gas station. [ __ ]
565:50 this. Like $5 at a gas station. [ __ ] sucks. It just doesn't feel right
565:52 sucks. It just doesn't feel right lighting a good cigar with a $5 lighter
565:54 lighting a good cigar with a $5 lighter from a gas station. Feel like I'm
565:56 from a gas station. Feel like I'm disrespecting the cigar.
565:59 disrespecting the cigar. $2,000 on a lighter. GBPCHF.
566:03 $2,000 on a lighter. GBPCHF. Probably one of the cleanest ones that
566:05 Probably one of the cleanest ones that you can probably see. And it is this
566:07 you can probably see. And it is this beautiful higher high, higher low.
566:09 beautiful higher high, higher low. Higher high. Higher low. Higher high.
566:11 Higher high. Higher low. Higher high. Higher low. Higher high. Boom. [ __ ]
566:13 Higher low. Higher high. Boom. [ __ ] structure lower low high lower low. Now
566:16 structure lower low high lower low. Now this time frame is bearish. Now if I
566:17 this time frame is bearish. Now if I just show you guys this market structure
566:19 just show you guys this market structure like this which is realistically how you
566:21 like this which is realistically how you have to look at the structure of the
566:23 have to look at the structure of the market not look at the market. This
566:25 market not look at the market. This right here is the structure of the
566:27 right here is the structure of the market and you can clearly see how we
566:29 market and you can clearly see how we were creating higher highs, higher lows
566:32 were creating higher highs, higher lows and we shifted. We did a ginormous and
566:35 and we shifted. We did a ginormous and beautifully formated double top pattern
566:37 beautifully formated double top pattern right here. And now we're coming back to
566:39 right here. And now we're coming back to retest that neckline of the double top
566:42 retest that neckline of the double top to then have a reaction to the downside.
566:44 to then have a reaction to the downside. What a coincidence that the neckline of
566:45 What a coincidence that the neckline of the double top happens to also be at the
566:48 the double top happens to also be at the weekly EMA and also happens to have a
566:51 weekly EMA and also happens to have a round psychological level 1.12500
566:54 round psychological level 1.12500 which is obviously very key because now
566:56 which is obviously very key because now you just have three four things that
566:58 you just have three four things that simply make sense at this area in order
567:00 simply make sense at this area in order for you to be interested in the trade.
567:02 for you to be interested in the trade. What a coincidence. Now we also have the
567:03 What a coincidence. Now we also have the daily EMA, we also have daily structure
567:05 daily EMA, we also have daily structure level, so on and so forth. So, what I'm
567:07 level, so on and so forth. So, what I'm going to be waiting for for this trade
567:08 going to be waiting for for this trade is for price to have a break and retest
567:11 is for price to have a break and retest under this little double top formation
567:13 under this little double top formation that we're potentially creating at this
567:16 that we're potentially creating at this area here to have an alarm right at the
567:17 area here to have an alarm right at the bottom of it that's going to notify me
567:19 bottom of it that's going to notify me as soon as we break out of it. And this
567:22 as soon as we break out of it. And this trade once it does that it's going to
567:24 trade once it does that it's going to have a great riskreward. We can easily
567:25 have a great riskreward. We can easily get a 1 to5 or even to this structure
567:28 get a 1 to5 or even to this structure point and then obviously we have a
567:29 point and then obviously we have a smaller stop loss. We get like a 1 to
567:31 smaller stop loss. We get like a 1 to six, 1 to 6 or 7. This is a great
567:33 six, 1 to 6 or 7. This is a great risk-to-reward on this trade because we
567:34 risk-to-reward on this trade because we are following the trend. We're trading
567:36 are following the trend. We're trading with the weekly time frame, we're
567:38 with the weekly time frame, we're trading with the daily time frame, and
567:40 trading with the daily time frame, and once that double top breaks, then we're
567:41 once that double top breaks, then we're going to be trading with the 4hour time
567:43 going to be trading with the 4hour time frame. So, we have three time frames
567:44 frame. So, we have three time frames that are going all in the same
567:45 that are going all in the same direction. We simply just enter the
567:47 direction. We simply just enter the trade set for. So, after we analyzed the
567:49 trade set for. So, after we analyzed the top markets for the week, like always on
567:51 top markets for the week, like always on Sunday swings, we then realized there
567:53 Sunday swings, we then realized there was no markets to trade. But then we got
567:54 was no markets to trade. But then we got a phone call from this guy that was
567:56 a phone call from this guy that was like, "Yo, you want to put your Bugatti
567:59 like, "Yo, you want to put your Bugatti in a music video with Kodak Black and
568:01 in a music video with Kodak Black and Trump?
568:02 Trump? They want to have your the Bugatti
568:05 They want to have your the Bugatti um in this warehouse and have this
568:08 um in this warehouse and have this marching Trump's marching band behind it
568:10 marching Trump's marching band behind it playing while Kodak and all them are
568:12 playing while Kodak and all them are rapping in front. But Trump will be
568:14 rapping in front. But Trump will be there.
568:14 there. I I mean, I've been part of a couple
568:16 I I mean, I've been part of a couple music videos. I know how this [ __ ] goes,
568:18 music videos. I know how this [ __ ] goes, you know.
568:20 you know. Start pull up at 3, start at 7, end at 1
568:22 Start pull up at 3, start at 7, end at 1 in the morning, you know.
568:24 in the morning, you know. Well, I [ __ ] hope it's not like that.
568:27 Well, I [ __ ] hope it's not like that. Like, [ __ ] yeah. I've listened to Kodak
568:29 Like, [ __ ] yeah. I've listened to Kodak Black since I was like 15. And who
568:31 Black since I was like 15. And who doesn't like Trump? Little did I know
568:33 doesn't like Trump? Little did I know that I was getting scammed. Trump was
568:35 that I was getting scammed. Trump was not pulling up. And Kodak Black pulled
568:38 not pulling up. And Kodak Black pulled up 20 hours late. And that same night,
568:41 up 20 hours late. And that same night, my Bugatti broke.
568:42 my Bugatti broke. Kodak's not here yet. We'll probably be
568:45 Kodak's not here yet. We'll probably be here like 30 minutes. We going to leave
568:47 here like 30 minutes. We going to leave till like 3:00 in the morning. Watch
569:02 this time. My bad. won't care.
569:04 won't care. When I go, I'm going be
569:17 hold. I'm not going to lie. This [ __ ] feels a little too wobbly.
569:40 We are still here. It's 9:00 a.m. Basically a trade update and we're still
569:43 Basically a trade update and we're still here.
569:46 here. Well, after a couple hours,
569:49 Well, after a couple hours, finally got it up.
569:52 finally got it up. Now we got to take it from this tow
569:53 Now we got to take it from this tow truck
569:55 truck to that tow truck.
570:02 [ __ ] this dude. I don't even want to talk about that.
570:03 I don't even want to talk about that. So, after we finish all those
570:05 So, after we finish all those shenanigans, like always, patience pays.
570:09 shenanigans, like always, patience pays. And most importantly, following the set
570:11 And most importantly, following the set and forget strategy CHF, as you guys can
570:13 and forget strategy CHF, as you guys can see, we're currently up about $6,000.
570:16 see, we're currently up about $6,000. So, we entered this trade earlier,
570:17 So, we entered this trade earlier, literally probably like [ __ ] I don't
570:19 literally probably like [ __ ] I don't know, like an hour ago. But, we're in
570:21 know, like an hour ago. But, we're in the middle of all these calls and the
570:22 the middle of all these calls and the trade is now heading into our direction.
570:24 trade is now heading into our direction. Everything's looking very well. We're
570:26 Everything's looking very well. We're actually in a lot more profit than I
570:28 actually in a lot more profit than I expected. Obviously, I did not account
570:30 expected. Obviously, I did not account how volatile this pair is. I did not
570:32 how volatile this pair is. I did not realize that this pair goes into a
570:33 realize that this pair goes into a little bit more draw down. We'll blow
570:35 little bit more draw down. We'll blow this account completely because this
570:36 this account completely because this pair is super volatile. I actually have
570:38 pair is super volatile. I actually have not entered a trade in GFP CHF in a very
570:40 not entered a trade in GFP CHF in a very long time. But this trade right here, if
570:42 long time. But this trade right here, if it does hit my takerit, it could take
570:44 it does hit my takerit, it could take this account up to like $70,000 if it
570:47 this account up to like $70,000 if it does make it all the way down here. And
570:48 does make it all the way down here. And then we were up now from the $8,000 that
570:51 then we were up now from the $8,000 that we were technically down back up to the
570:53 we were technically down back up to the $15,000 where we were 2 weeks ago. So,
570:56 $15,000 where we were 2 weeks ago. So, now we're picking back up, staying on
570:58 now we're picking back up, staying on track, and the goal for this week was to
570:59 track, and the goal for this week was to turn the 8,000 to 16,000 to 18,000
571:02 turn the 8,000 to 16,000 to 18,000 roughly. And I again, I had an executive
571:05 roughly. And I again, I had an executive decision to make. Do I close at the
571:06 decision to make. Do I close at the profit for the week or do I set and
571:08 profit for the week or do I set and forget? What do you think I did? I
571:10 forget? What do you think I did? I [ __ ] set and forget.
571:12 [ __ ] set and forget. Drum roll, please.
571:15 Drum roll, please. $38,000.
571:23 Ching. Well, for right now, I think this trade is that's why I'm not even that
571:24 trade is that's why I'm not even that excited because I do think this trade
571:26 excited because I do think this trade right now in London session is going to
571:29 right now in London session is going to have a pullback. Let me show you. So, I
571:31 have a pullback. Let me show you. So, I think now this is will have a
571:32 think now this is will have a retracement to retest this neckline of
571:35 retracement to retest this neckline of the left head, right shoulder for then
571:37 the left head, right shoulder for then the trade to then head to the downside.
571:40 the trade to then head to the downside. Currently on the daily time frame, we
571:41 Currently on the daily time frame, we close very strong as a bearish
571:44 close very strong as a bearish engulfing, but we could come back and
571:46 engulfing, but we could come back and retest these daily wicks right here. So
571:49 retest these daily wicks right here. So then the trader can continue heading to
571:51 then the trader can continue heading to the downside. Now this is where a lot of
571:53 the downside. Now this is where a lot of beginner traders will probably get, you
571:54 beginner traders will probably get, you know, FOMO and either close out their
571:57 know, FOMO and either close out their positions here or they can probably set
572:00 positions here or they can probably set and forget the whole entire way.
572:02 and forget the whole entire way. Currently just waiting for it to do its
572:05 Currently just waiting for it to do its thing. But then when we go close the
572:07 thing. But then when we go close the trade, we get the most ridiculous
572:09 trade, we get the most ridiculous slippage I have ever gotten in any
572:11 slippage I have ever gotten in any trading account. And I said, "If I'm
572:13 trading account. And I said, "If I'm getting slippage at this part in the
572:16 getting slippage at this part in the challenge so early on, I don't want to
572:18 challenge so early on, I don't want to be with this broker anymore."
572:20 be with this broker anymore." Yo, we just blew the whole [ __ ]
572:22 Yo, we just blew the whole [ __ ] account.
572:22 account. No, that's how you close the trade,
572:24 No, that's how you close the trade, bro.
572:26 bro. We literally just blew the whole
572:30 We literally just blew the whole account.
572:33 account. [ __ ] We just withd you all the money.
572:36 [ __ ] We just withd you all the money. So, we just draw the money from the
572:37 So, we just draw the money from the current broker. Should get into my
572:39 current broker. Should get into my wallet by the end of today, maybe
572:41 wallet by the end of today, maybe tomorrow. And uh we're going to deposit
572:44 tomorrow. And uh we're going to deposit into a new broker, which I might be
572:46 into a new broker, which I might be letting you guys soon which broker it's
572:48 letting you guys soon which broker it's going to be. So you guys are going to
572:49 going to be. So you guys are going to have the same market conditions as me.
572:50 have the same market conditions as me. Current broker right now. The fees were
572:52 Current broker right now. The fees were all over the place. The commissions were
572:54 all over the place. The commissions were okay. It was more of the slippage. I
572:56 okay. It was more of the slippage. I would literally try and close the trade
572:58 would literally try and close the trade out and I guess slipped out. I wouldn't
573:00 out and I guess slipped out. I wouldn't get closed at the point that I wanted
573:01 get closed at the point that I wanted to. So I'm going to be switching to a
573:02 to. So I'm going to be switching to a new broker today pretty much. And uh
573:05 new broker today pretty much. And uh we'll see where the challenge goes from
573:07 we'll see where the challenge goes from that point. And this is why I don't
573:08 that point. And this is why I don't market brokers right at the beginning of
573:10 market brokers right at the beginning of the challenge. I know you guys ask me
573:11 the challenge. I know you guys ask me for what broker am I using? What broker
573:13 for what broker am I using? What broker am I using? I literally got this asked a
573:14 am I using? I literally got this asked a thousand times. I don't want to market a
573:17 thousand times. I don't want to market a broker that I don't trust and I don't
573:18 broker that I don't trust and I don't have any experience with and gladly I
573:21 have any experience with and gladly I didn't market it because [ __ ] I closed a
573:23 didn't market it because [ __ ] I closed a trade at 30,000 in profit and then it
573:25 trade at 30,000 in profit and then it puts me at 22. The slippage and the
573:27 puts me at 22. The slippage and the spread was absolutely ridiculous. I
573:29 spread was absolutely ridiculous. I decided to withdraw my money and then
573:31 decided to withdraw my money and then put it into a new broker that I was
573:33 put it into a new broker that I was going to then test out. But again, keep
573:35 going to then test out. But again, keep in mind this is the exact same account
573:37 in mind this is the exact same account that I then just transferred the funds
573:39 that I then just transferred the funds into a different one. And this is where
573:41 into a different one. And this is where we then pretty much moved on to week
573:43 we then pretty much moved on to week number seven where the ending balance
573:44 number seven where the ending balance was about 22,000.
573:46 was about 22,000. It's week seven of me turning this $100
573:48 It's week seven of me turning this $100 into a million. Then on this next week,
573:50 into a million. Then on this next week, it was week seven. We were starting with
573:52 it was week seven. We were starting with about $22,000 and then the goal was to
573:53 about $22,000 and then the goal was to take 22 to then 40.
573:57 take 22 to then 40. Touch that. Touch that. what you guys
574:00 Touch that. Touch that. what you guys know about week seven turning $100 into
574:03 know about week seven turning $100 into a million. I I I thought it had just
574:05 a million. I I I thought it had just reversed on us. I was so I was like, "Oh
574:07 reversed on us. I was so I was like, "Oh shit." Currently, right now, we are up
574:10 shit." Currently, right now, we are up $4,000
574:12 $4,000 on the trade. Now, I'm not excited
574:15 on the trade. Now, I'm not excited because of these $4,000. I could give a
574:17 because of these $4,000. I could give a [ __ ] I'm excited about the potential of
574:20 [ __ ] I'm excited about the potential of this trade that we have taken. If you
574:22 this trade that we have taken. If you have seen last week's series, you saw
574:25 have seen last week's series, you saw the loss we avoided on this position.
574:27 the loss we avoided on this position. Price had the push, stop, then push.
574:30 Price had the push, stop, then push. That's what we are anticipating for this
574:32 That's what we are anticipating for this week to come ahead. So, we avoided not
574:35 week to come ahead. So, we avoided not making any money this week simply
574:38 making any money this week simply because we have experience in the
574:41 because we have experience in the market. Now, let's look at it now. So,
574:44 market. Now, let's look at it now. So, trade update. We are currently up $4,000
574:47 trade update. We are currently up $4,000 on GBP CHF. So, if you guys saw last
574:50 on GBP CHF. So, if you guys saw last night's trade update, I explained that I
574:52 night's trade update, I explained that I was looking to enter a trade right
574:54 was looking to enter a trade right around this area once we had the retest
574:56 around this area once we had the retest to then sell. So currently right now,
574:58 to then sell. So currently right now, GBPCHF has a very strong double top
575:01 GBPCHF has a very strong double top formation currently creating right now.
575:04 formation currently creating right now. Very strong bearish move. If this trade
575:06 Very strong bearish move. If this trade hits all the way down here, we'll
575:09 hits all the way down here, we'll [ __ ] sweep 1 to 11 risk-to-reward,
575:14 [ __ ] sweep 1 to 11 risk-to-reward, meaning we will take Right now we have
575:16 meaning we will take Right now we have 35 lots, right? So 35 lots means that
575:20 35 lots, right? So 35 lots means that it's $350 per pip. So, we do $350 per
575:25 it's $350 per pip. So, we do $350 per pip times a takerit of $342
575:31 pip times a takerit of $342 pips. So, $350
575:34 pips. So, $350 times 342 pips. Drum roll, please.
575:43 $100,000 in one single position. The beauty of
575:46 in one single position. The beauty of this is not this. We're going to get to
575:48 this is not this. We're going to get to this no matter what. What is the beauty
575:51 this no matter what. What is the beauty is how much I'm actually putting at
575:53 is how much I'm actually putting at risk. So, I'm only putting at risk. So,
575:56 risk. So, I'm only putting at risk. So, we have 30 pip stop-loss. So, if I do
575:59 we have 30 pip stop-loss. So, if I do $350
576:01 $350 per pip times $30, I'm only putting at
576:04 per pip times $30, I'm only putting at risk 50% of the account. This is key to
576:08 risk 50% of the account. This is key to growth. So, I'm literally risking 50% to
576:12 growth. So, I'm literally risking 50% to almost 5x the account. Tell me that's
576:14 almost 5x the account. Tell me that's not a [ __ ] great deal. So, as of
576:16 not a [ __ ] great deal. So, as of right now, we are currently just waiting
576:18 right now, we are currently just waiting for this position to have a confirmation
576:20 for this position to have a confirmation body candlestick closure in the next 27
576:23 body candlestick closure in the next 27 minutes under this level of support
576:26 minutes under this level of support right here. 4hour candlestick looks very
576:28 right here. 4hour candlestick looks very strong, very bearish engulfing. Can then
576:30 strong, very bearish engulfing. Can then wait for a little retest as well for
576:31 wait for a little retest as well for then that structure level right there.
576:33 then that structure level right there. Basically, moral of the story, all we
576:34 Basically, moral of the story, all we got to do right now is set for it. Just
576:37 got to do right now is set for it. Just looks so lovely, dude. Like, we're
576:39 looks so lovely, dude. Like, we're finally like making some type of decent
576:41 finally like making some type of decent money. Like, look at this. And then we
576:44 money. Like, look at this. And then we ran into the same broker issue. We took
576:46 ran into the same broker issue. We took the 20 and then we took it to the 40.
576:48 the 20 and then we took it to the 40. But we ran into even worse slippage on
576:50 But we ran into even worse slippage on this other broker that we were testing
576:52 this other broker that we were testing out. And again, this is why I don't
576:54 out. And again, this is why I don't market brokers. It's my first time
576:55 market brokers. It's my first time trading on it. And I'm taking a good
576:57 trading on it. And I'm taking a good trade. And when I take it, the profits
576:59 trade. And when I take it, the profits that I'm supposed to be making, I
577:00 that I'm supposed to be making, I literally lost it because of the
577:01 literally lost it because of the slippage on the account. This is the
577:04 slippage on the account. This is the trades from last night. GBPCHF. You guys
577:06 trades from last night. GBPCHF. You guys can clearly see that we closed out all
577:09 can clearly see that we closed out all three positions at the same exact time.
577:12 three positions at the same exact time. one of them is in profit and then the
577:13 one of them is in profit and then the other got split in half or whatever and
577:16 other got split in half or whatever and then it was in a loss. So GBPCHF last
577:20 then it was in a loss. So GBPCHF last night I explained if we had a retest of
577:22 night I explained if we had a retest of this level and then a rejection to the
577:24 this level and then a rejection to the downside we can very easily continue to
577:26 downside we can very easily continue to head down. If not if we body closed
577:28 head down. If not if we body closed above we can come back right into our
577:30 above we can come back right into our area of interest. So, we body closed
577:32 area of interest. So, we body closed above. And as I'm seeing this body close
577:35 above. And as I'm seeing this body close above and then I'm seeing this rejection
577:36 above and then I'm seeing this rejection from the EMA, but then I see this retest
577:38 from the EMA, but then I see this retest of this level of support that every
577:40 of this level of support that every single time we're above, we're clearly
577:42 single time we're above, we're clearly heading up. I say, "Oh [ __ ] this is the
577:44 heading up. I say, "Oh [ __ ] this is the area where I want to get out cuz I could
577:46 area where I want to get out cuz I could get pushed right back into my entry and
577:48 get pushed right back into my entry and I don't want to be in a loss at this
577:50 I don't want to be in a loss at this point in the challenge. I'm doing so
577:51 point in the challenge. I'm doing so well." So, I decided to close my
577:53 well." So, I decided to close my position right at that line right there.
577:55 position right at that line right there. Right at 1.11282,
577:59 Right at 1.11282, right at 3:00 in the morning, 4 in the
578:01 right at 3:00 in the morning, 4 in the morning, which is like when London
578:02 morning, which is like when London session is kicking in. You guys can see
578:04 session is kicking in. You guys can see down here the times. And I closed out
578:07 down here the times. And I closed out the first position, right? The 20 lots.
578:09 the first position, right? The 20 lots. So, the 20 lots gave me $2,000 in
578:12 So, the 20 lots gave me $2,000 in profit. Now, we're going to do some
578:14 profit. Now, we're going to do some calculations right now because if I
578:16 calculations right now because if I enter the position up at this point
578:18 enter the position up at this point right here, and then we close out the
578:21 right here, and then we close out the position, let's say somewhere in here,
578:23 position, let's say somewhere in here, that is a total of about 23 pips. But
578:26 that is a total of about 23 pips. But for argument sake, let's say 20 pips.
578:29 for argument sake, let's say 20 pips. So, I am currently risking $200
578:33 So, I am currently risking $200 per pip. So, it's going to be $200 times
578:36 per pip. So, it's going to be $200 times 20 pips. I'm supposed to be up $4,000 on
578:40 20 pips. I'm supposed to be up $4,000 on that position. I am up $2,000. So, they
578:44 that position. I am up $2,000. So, they ate up 50% of my profits, but that's
578:47 ate up 50% of my profits, but that's fine. You know what? High fees. I'll
578:50 fine. You know what? High fees. I'll take it. Whatever. Not a big deal. But
578:53 take it. Whatever. Not a big deal. But then the other position when I go close
578:54 then the other position when I go close it, it is then in a loss. Why did I take
578:58 it, it is then in a loss. Why did I take a loss on the same position that I
579:01 a loss on the same position that I entered at the same spot and close at
579:04 entered at the same spot and close at the same spot? Why did it close at a
579:07 the same spot? Why did it close at a loss? Now, this is where I get very
579:10 loss? Now, this is where I get very skeptical about these platforms because
579:12 skeptical about these platforms because it's just so unnecess like like I just I
579:14 it's just so unnecess like like I just I just don't get it. And this is why I
579:15 just don't get it. And this is why I also split my lot sizes because
579:18 also split my lot sizes because everybody says, "Oh, why don't you just
579:19 everybody says, "Oh, why don't you just take 180 lot?" It's for this very same
579:22 take 180 lot?" It's for this very same exact reason. If I were to take 80 lots
579:24 exact reason. If I were to take 80 lots in a position, it would literally have
579:26 in a position, it would literally have one full slipped out position versus if
579:29 one full slipped out position versus if I split the positions in half, at least
579:31 I split the positions in half, at least I get one and then the other ones
579:33 I get one and then the other ones probably have a little bit of slippage.
579:34 probably have a little bit of slippage. I I do this because I've dealt with this
579:36 I I do this because I've dealt with this [ __ ] before and I've been dealing it for
579:37 [ __ ] before and I've been dealing it for a very long time. Like this at this
579:39 a very long time. Like this at this point was very frustrating because I
579:40 point was very frustrating because I just came off of a losing week, then a
579:44 just came off of a losing week, then a break even week and now two weeks that
579:46 break even week and now two weeks that are technically break even because of
579:48 are technically break even because of the market conditions that the broker
579:49 the market conditions that the broker was giving me. If I'm running into these
579:50 was giving me. If I'm running into these issues with a broker so early on into
579:52 issues with a broker so early on into the challenge, I'm already being
579:53 the challenge, I'm already being skeptical because imagine the slippage
579:55 skeptical because imagine the slippage and the issues that I'm going to be
579:57 and the issues that I'm going to be running at when I'm fluctuating hundreds
579:59 running at when I'm fluctuating hundreds of thousands of dollars in profit, which
580:00 of thousands of dollars in profit, which is realistically like 3 4 weeks away if
580:02 is realistically like 3 4 weeks away if I double the account every single week.
580:04 I double the account every single week. It's week eight of me turning $100 into
580:06 It's week eight of me turning $100 into a million. Last week, we took two trades
580:09 a million. Last week, we took two trades where one of them made us about $2,000
580:11 where one of them made us about $2,000 and then the other we lost $2,000.
580:12 and then the other we lost $2,000. Biggest waste of time ever. And I wasn't
580:14 Biggest waste of time ever. And I wasn't going to let any of this broker issue
580:16 going to let any of this broker issue stop me living my life. I'm going to go
580:18 stop me living my life. I'm going to go drift my Porsche. I'm going to go hit
580:19 drift my Porsche. I'm going to go hit the gym. I'm going to go do what I have
580:21 the gym. I'm going to go do what I have to do because at the end of the day,
580:22 to do because at the end of the day, what affected me last time was that I
580:24 what affected me last time was that I was not living my normal life. Now, this
580:26 was not living my normal life. Now, this time, I decided to, you know, you know
580:27 time, I decided to, you know, you know what? If I take a loss, if I take a win,
580:30 what? If I take a loss, if I take a win, I'm going to go hit my gym. I'm going to
580:32 I'm going to go hit my gym. I'm going to go take my my night trades, if you know
580:34 go take my my night trades, if you know what I'm talking about, and just do what
580:36 what I'm talking about, and just do what I got to do. And then later on
580:37 I got to do. And then later on throughout the week, we got another
580:38 throughout the week, we got another great opportunity in the market, which
580:39 great opportunity in the market, which is what we analyze on Sunday swings.
580:41 is what we analyze on Sunday swings. This market right here currently is
580:43 This market right here currently is having a lower high pullback. And this
580:46 having a lower high pullback. And this is what this market structure looks like
580:48 is what this market structure looks like on this pullback, right? We have some
580:51 on this pullback, right? We have some structure right here and then we are now
580:53 structure right here and then we are now at this resistance level. If I take this
580:56 at this resistance level. If I take this same exact market structure move from
580:58 same exact market structure move from right here and then I simply move it to
581:02 right here and then I simply move it to this market structure here with an
581:04 this market structure here with an exception of making this a little bit
581:06 exception of making this a little bit higher and aiming this a little bit
581:08 higher and aiming this a little bit higher. It's the exact same move right
581:11 higher. It's the exact same move right here, but instead of it obviously being
581:14 here, but instead of it obviously being here, it is now right here. It's the
581:17 here, it is now right here. It's the same exact move with the exception of
581:19 same exact move with the exception of bit being a little bit higher. Now, what
581:21 bit being a little bit higher. Now, what is the difference that this had this
581:23 is the difference that this had this [ __ ] the structure up here and that this
581:26 [ __ ] the structure up here and that this one is having it right here. Let's see
581:28 one is having it right here. Let's see what happened here to see if we can
581:30 what happened here to see if we can anticipate for it to happen here cuz
581:31 anticipate for it to happen here cuz we're expecting for the sells and
581:33 we're expecting for the sells and clearly this once it did this pattern,
581:35 clearly this once it did this pattern, it then went to the downside. So, let's
581:37 it then went to the downside. So, let's zoom into this 30 minute structure on
581:40 zoom into this 30 minute structure on this circle time frame right here. What
581:42 this circle time frame right here. What did we get when we were at this pattern
581:44 did we get when we were at this pattern right here? Oh, okay. We got a left
581:46 right here? Oh, okay. We got a left head, right shoulder. Okay, cool. Left
581:48 head, right shoulder. Okay, cool. Left head, right shoulder, retest, then sell.
581:51 head, right shoulder, retest, then sell. Well, let's go to current price right
581:52 Well, let's go to current price right now. Holy [ __ ] What do we have here?
581:55 now. Holy [ __ ] What do we have here? Left head, right shoulder.
582:02 [ __ ] with me. [ __ ] with me. if you want me to keep showing you guys because I
582:03 me to keep showing you guys because I see this all the time and I don't always
582:05 see this all the time and I don't always explain it because I it's just normal to
582:08 explain it because I it's just normal to me. This is my second language, third
582:10 me. This is my second language, third language, and I see this literally every
582:12 language, and I see this literally every single day. It's very normal to me. But
582:14 single day. It's very normal to me. But to a lot of you guys, this might be like
582:16 to a lot of you guys, this might be like what the [ __ ] a wow moment. And if it
582:18 what the [ __ ] a wow moment. And if it is, let me know in the comments so I can
582:20 is, let me know in the comments so I can keep doing this stuff for you guys cuz
582:21 keep doing this stuff for you guys cuz it motivates me and it shows me that you
582:23 it motivates me and it shows me that you guys are actually learning. So this
582:25 guys are actually learning. So this position, we're actually very, very,
582:27 position, we're actually very, very, very interested in executing, but not
582:29 very interested in executing, but not just yet. I want to execute this
582:31 just yet. I want to execute this position once we have some type of
582:33 position once we have some type of engulfing confirmation. As of right now,
582:36 engulfing confirmation. As of right now, I have my potential entry right under
582:38 I have my potential entry right under this level because when this candlestick
582:40 this level because when this candlestick closes under it, it is a engulfing
582:43 closes under it, it is a engulfing candlestick. So, just put my alarm under
582:46 candlestick. So, just put my alarm under there to pretty much notify me once we
582:48 there to pretty much notify me once we have that engulfing candlestick. Even
582:49 have that engulfing candlestick. Even the 15-minute hasn't had the engulfing
582:52 the 15-minute hasn't had the engulfing quite just yet. So, we're going to stay
582:54 quite just yet. So, we're going to stay up all night tonight because that
582:55 up all night tonight because that literally might happen very, very, very
582:57 literally might happen very, very, very soon. We actually ended up taking then
582:59 soon. We actually ended up taking then the account from the 22 to about 60k in
583:02 the account from the 22 to about 60k in profit more or less. Drum roll please
583:06 profit more or less. Drum roll please for the [ __ ] trade update.
583:08 for the [ __ ] trade update. $19,000
583:10 $19,000 [ __ ] dollars in profit. Now what how
583:14 [ __ ] dollars in profit. Now what how fast did this happen? Very fast. Let me
583:17 fast did this happen? Very fast. Let me show you guys. So right now USD JPY
583:21 show you guys. So right now USD JPY exactly how I explained yesterday. We
583:23 exactly how I explained yesterday. We literally explained the only way we'd be
583:25 literally explained the only way we'd be interested in taking this position right
583:26 interested in taking this position right here is if we have a break, retest, and
583:29 here is if we have a break, retest, and then sell. Price literally broke,
583:32 then sell. Price literally broke, retested, sell. Exactly what we
583:35 retested, sell. Exactly what we anticipated. Perfect entry signal.
583:37 anticipated. Perfect entry signal. Literally 1 hour ago. As you guys can
583:39 Literally 1 hour ago. As you guys can see down here, 8:00 in the morning.
583:41 see down here, 8:00 in the morning. Currently, right now, it is 10:00 in the
583:45 Currently, right now, it is 10:00 in the morning. So, as soon as we entered this
583:47 morning. So, as soon as we entered this position, market immediately started
583:49 position, market immediately started heading to the downside. Look how fast
583:50 heading to the downside. Look how fast this momentum of this market is
583:52 this momentum of this market is currently moving. Beautiful 30 minutes
583:55 currently moving. Beautiful 30 minutes bearish engulfing evening star
583:56 bearish engulfing evening star formation. 15-minute time frame. As soon
583:59 formation. 15-minute time frame. As soon as the candlestick close, boom, just
584:01 as the candlestick close, boom, just completely downside move, which is
584:04 completely downside move, which is absolutely beautiful. This is the trade
584:06 absolutely beautiful. This is the trade that we avoided yesterday and we avoided
584:09 that we avoided yesterday and we avoided to take the loss cuz it never retested
584:11 to take the loss cuz it never retested and gave us the engulfing of this left
584:13 and gave us the engulfing of this left head and the right shoulder. Now avoided
584:16 head and the right shoulder. Now avoided this loss, we can remove this. Now we
584:18 this loss, we can remove this. Now we have this position right here. We're
584:20 have this position right here. We're just looking decent, right? Obviously,
584:23 just looking decent, right? Obviously, I'm just hyped because I risked a lot
584:25 I'm just hyped because I risked a lot more than I should have because we're
584:26 more than I should have because we're trying to turn $20,000 into 40. So, I
584:29 trying to turn $20,000 into 40. So, I can literally close the position right
584:31 can literally close the position right now and then we will have the $40,000 in
584:34 now and then we will have the $40,000 in profit that we need. Literally. Oh. Oh
584:37 profit that we need. Literally. Oh. Oh [ __ ] Oh. Oh. Oh. What? Oh [ __ ] What
584:40 [ __ ] Oh. Oh. Oh. What? Oh [ __ ] What the [ __ ] just happened? Oh [ __ ] Oh. Oh.
584:44 the [ __ ] just happened? Oh [ __ ] Oh. Oh. Woah. Woah. Woah. Whoa, whoa, whoa,
584:51 Woah. Woah. Woah. Whoa, whoa, whoa, whoa, whoa, whoa, whoa. Whoa, whoa,
584:55 whoa, whoa, whoa, whoa. Whoa, whoa, whoa.
584:57 whoa. Don't you [ __ ] do it.
585:01 Don't you [ __ ] do it. Hold on. I'm in I'm in shock right now.
585:04 Hold on. I'm in I'm in shock right now. Yo, I saw 50,000. It was It was at the
585:06 Yo, I saw 50,000. It was It was at the bottom of that wick right there. Is news
585:08 bottom of that wick right there. Is news happening right now? Probably. Well, now
585:10 happening right now? Probably. Well, now I'm on edge. I'm going to put an alarm
585:11 I'm on edge. I'm going to put an alarm right around my entry signal just to let
585:13 right around my entry signal just to let me know that it is up there. I have to
585:16 me know that it is up there. I have to put a an alarm at the bottom of this
585:18 put a an alarm at the bottom of this candlestick. If we if we get a
585:20 candlestick. If we if we get a candlestick to go back under that wick,
585:23 candlestick to go back under that wick, we're pretty much good. We are good.
585:31 Okay. You know, you don't want this.
585:36 All right. So, currently, right now, we had a little quick uh spaz in the
585:39 had a little quick uh spaz in the markets. This is what trading in the
585:41 markets. This is what trading in the market is. This is why people go crazy
585:43 market is. This is why people go crazy when they risk more money than they
585:44 when they risk more money than they should. If I was risking, you know, 3,
585:46 should. If I was risking, you know, 3, four, 5% like a normal human, I would
585:49 four, 5% like a normal human, I would even care. Oh,
585:58 right now, $40,000 floating in profit. That's all we care about.
586:01 That's all we care about. Oh [ __ ]
586:04 Oh [ __ ] Oh [ __ ] Oh [ __ ] Yo. Oh [ __ ] Yo. No.
586:11 Oh [ __ ] Oh [ __ ] Yo. Oh [ __ ] Yo. No. Yo. Yo, I can't Yo, I can't make this
586:14 Yo. Yo, I can't Yo, I can't make this up, dude. Yo, I can't make this up,
586:17 up, dude. Yo, I can't make this up, dude. Holy Holy [ __ ] Holy [ __ ] bro.
586:22 dude. Holy Holy [ __ ] Holy [ __ ] bro. Yo, stop,
586:24 Yo, stop, dude.
586:26 dude. Oh, we got 100,000. Yo, there's no way.
586:31 Oh, we got 100,000. Yo, there's no way. Yo, there's no way.
586:44 Yo. Yo, there's no there's no way. Ow, I kind of hurt myself.
586:46 kind of hurt myself. Is my watch okay? That's fine. Doesn't
586:48 Is my watch okay? That's fine. Doesn't matter. We can buy another one. Oh. Oh.
586:53 matter. We can buy another one. Oh. Oh. Oh, dude. Oh. Yo, we're about to be at
586:56 Oh, dude. Oh. Yo, we're about to be at 100,000. That's [ __ ] crazy. Yo, the
587:00 100,000. That's [ __ ] crazy. Yo, the countdown is legendary.
587:08 No, no, no, no. We got to keep going. We got to keep going.
587:11 got to keep going. Got to keep going. We got to keep going.
587:14 Got to keep going. We got to keep going. 95.
587:22 95. Oh, 97. Yo, it's going to hit 100,000.
587:24 Oh, 97. Yo, it's going to hit 100,000. Yo, it's going to hit 100,000. We got to
587:26 Yo, it's going to hit 100,000. We got to keep going. Look, dude. I think I think
587:28 keep going. Look, dude. I think I think we got to like
587:31 we got to like Ah, dude. Do we got up to there?
587:34 Ah, dude. Do we got up to there? [Music]
587:37 [Music] Now, now I just got to focus.
587:40 Now, now I just got to focus. What is it?
587:43 What is it? Why didn't you do this?
587:46 Why didn't you do this? This right here shows you guys that the
587:48 This right here shows you guys that the [ __ ]
587:49 [ __ ] fundamentals will follow the technicals.
587:52 fundamentals will follow the technicals. All right, I got to focus, dude. Market
587:54 All right, I got to focus, dude. Market update, boys. Markets update, boys and
587:58 update, boys. Markets update, boys and ladies and gentlemen. We have officially
588:02 ladies and gentlemen. We have officially officially closed the accounts at No,
588:05 officially closed the accounts at No, no, no. Drum roll, please. Thank you
588:07 no, no. Drum roll, please. Thank you very much. We have officially closed at
588:11 very much. We have officially closed at 90,000
588:13 90,000 [ __ ] dollars on the account. So, we
588:14 [ __ ] dollars on the account. So, we ended off the week I think about 90,000
588:16 ended off the week I think about 90,000 80,000 something like that in profit.
588:18 80,000 something like that in profit. And honestly, I didn't have really
588:20 And honestly, I didn't have really anything else to do. So, I had a bright
588:22 anything else to do. So, I had a bright idea. Why not buy five, six junk cars,
588:26 idea. Why not buy five, six junk cars, call my other rich friends, and let's
588:28 call my other rich friends, and let's just go play bumper cars.
589:05 [ __ ] So, we ended off closing off the week
589:06 So, we ended off closing off the week with about 90,000 I think in profit and
589:09 with about 90,000 I think in profit and playing bumper cars, which is pretty
589:10 playing bumper cars, which is pretty legendary because I got a pretty big
589:12 legendary because I got a pretty big group of people together in under two
589:15 group of people together in under two hours. Like, imagine you're getting a
589:16 hours. Like, imagine you're getting a phone call saying, "Yo, pull up to this
589:18 phone call saying, "Yo, pull up to this location and let's play bumper cars."
589:20 location and let's play bumper cars." Everybody's reaction is like, "What the
589:21 Everybody's reaction is like, "What the fuck?"
589:21 fuck?" Good morning, ladies and gentlemen. As
589:24 Good morning, ladies and gentlemen. As much as I would want to go right into
589:25 much as I would want to go right into the markets and show you my trades on
589:28 the markets and show you my trades on this week where I'm going to be turning
589:29 this week where I'm going to be turning the $90,000 into 200, I have to spoon
589:32 the $90,000 into 200, I have to spoon feed my children, my very special unit
589:35 feed my children, my very special unit of children, the haters. Come here. Come
589:39 of children, the haters. Come here. Come here. Airplane.
589:43 here. Airplane. So, the beginning of week nine,
589:45 So, the beginning of week nine, something that I expected to happen
589:47 something that I expected to happen happened. the haters. The haters decided
589:49 happened. the haters. The haters decided to arise and they decided to then voice
589:52 to arise and they decided to then voice their opinions on their challenge. Now,
589:54 their opinions on their challenge. Now, keep in mind haters were not voicing
589:56 keep in mind haters were not voicing their opinion up to this point. Why?
589:58 their opinion up to this point. Why? Because the account wasn't big enough.
590:01 Because the account wasn't big enough. Turning 100 to 300 and then 300 to 4 or
590:05 Turning 100 to 300 and then 300 to 4 or 5,000, it's just not exciting. But now,
590:07 5,000, it's just not exciting. But now, when I started having multiple six
590:09 when I started having multiple six figures fluctuating, automatically
590:11 figures fluctuating, automatically people wanted to then say, "He's not
590:14 people wanted to then say, "He's not showing the trade history. It's not
590:15 showing the trade history. It's not real. He blew the account." Like if I
590:17 real. He blew the account." Like if I have not been showing every single
590:19 have not been showing every single trade, the before, the during, the after
590:21 trade, the before, the during, the after up to this point, literally showing
590:23 up to this point, literally showing every single trade in my free Telegram,
590:25 every single trade in my free Telegram, in my Discord, in my Instagram, on
590:27 in my Discord, in my Instagram, on YouTube. They wanted to voice their
590:30 YouTube. They wanted to voice their opinions. And I said, "Okay, you know
590:31 opinions. And I said, "Okay, you know what? Nobody's going to [ __ ] with my
590:33 what? Nobody's going to [ __ ] with my reputation. My reputation is
590:34 reputation. My reputation is everything." So I addressed the haters,
590:35 everything." So I addressed the haters, showed the trade history, and then
590:37 showed the trade history, and then continued on with the journey. Because
590:39 continued on with the journey. Because truthfully, if they were concerned about
590:42 truthfully, if they were concerned about the challenge being legit at this point,
590:44 the challenge being legit at this point, I said, "You know what? Thank you. That
590:46 I said, "You know what? Thank you. That means I'm not doing good of enough a
590:48 means I'm not doing good of enough a job. Let me double down on making this
590:50 job. Let me double down on making this even more transparent and even more
590:52 even more transparent and even more legit. Ladies and gentlemen, it is
590:54 legit. Ladies and gentlemen, it is currently 11:15
590:56 currently 11:15 in the morning. And as of right now, the
591:00 in the morning. And as of right now, the account is currently sitting at a
591:02 account is currently sitting at a whopping blew the account.
591:04 whopping blew the account. It's like $115,000.
591:08 It's like $115,000. Now, you know what? Let me just uh
591:17 we're currently sitting at $115,000. Now, the reason why I'm not excited is
591:19 Now, the reason why I'm not excited is because we could have literally been in
591:22 because we could have literally been in this much profit. We've been holding the
591:23 this much profit. We've been holding the last trade, but it sucks. So, we had to
591:25 last trade, but it sucks. So, we had to overexpose ourselves, but it's okay.
591:27 overexpose ourselves, but it's okay. Why? Because the strategy is working
591:29 Why? Because the strategy is working once again. NZDCAD literally having left
591:34 once again. NZDCAD literally having left head, right shoulder, retest of the
591:37 head, right shoulder, retest of the neckline. Exactly what I explained
591:38 neckline. Exactly what I explained yesterday on the 1 hour time frame.
591:40 yesterday on the 1 hour time frame. Higher high, higher low, higher high.
591:43 Higher high, higher low, higher high. Once it breaks and retests this
591:46 Once it breaks and retests this neckline, we will be interested in
591:48 neckline, we will be interested in selling. And boys, that is exactly what
591:51 selling. And boys, that is exactly what we did. We broke and we retested once
591:56 we did. We broke and we retested once again. Like does not get any more legit
591:59 again. Like does not get any more legit than this. Oh, but you want to know
592:01 than this. Oh, but you want to know what's the crazy part? That the downside
592:03 what's the crazy part? That the downside potential of this trade is massive. we
592:06 potential of this trade is massive. we can reach lows of all the way up to this
592:08 can reach lows of all the way up to this structure point right here, but we're
592:10 structure point right here, but we're not going to do that. We're not going to
592:11 not going to do that. We're not going to be greedy. We're going to be realistic
592:13 be greedy. We're going to be realistic and set real takeprofits and we enter
592:14 and set real takeprofits and we enter this position. Once we body close under
592:17 this position. Once we body close under this right here, we're pretty much good.
592:20 this right here, we're pretty much good. And very ironically, the same week that
592:22 And very ironically, the same week that I call out the haters is the same week
592:24 I call out the haters is the same week where I'm supposed to be fluctuating in
592:26 where I'm supposed to be fluctuating in multiple six figures in profits. I
592:29 multiple six figures in profits. I actually ended up having the biggest
592:31 actually ended up having the biggest loss.
592:32 loss. I don't even know why I'm laughing at
592:33 I don't even know why I'm laughing at this point. Yeah, the account boys to
592:36 this point. Yeah, the account boys to 44,000.
592:38 44,000. [ __ ] bro. This is why we can't [ __ ]
592:40 [ __ ] bro. This is why we can't [ __ ] around talking [ __ ] We [ __ ] jinxed
592:42 around talking [ __ ] We [ __ ] jinxed it. Talking [ __ ] So, we just took a
592:45 it. Talking [ __ ] So, we just took a unnecessary $40,000 loss on NZDCAT. The
592:49 unnecessary $40,000 loss on NZDCAT. The same week I decided to troll the haters,
592:51 same week I decided to troll the haters, which honestly it was kind of funny
592:53 which honestly it was kind of funny because I made it even more legit, even
592:55 because I made it even more legit, even more transparent, and I expected to win
592:58 more transparent, and I expected to win a trade and I lost. I lost in front of
593:00 a trade and I lost. I lost in front of everybody. And after I trolled the
593:02 everybody. And after I trolled the haters, it was kind of like a it was an
593:04 haters, it was kind of like a it was an L on my side. But you know what? I'm
593:06 L on my side. But you know what? I'm glad I'm glad that that happened because
593:08 glad I'm glad that that happened because that only made me stronger to then come
593:10 that only made me stronger to then come into the next week. So, we started off
593:12 into the next week. So, we started off the challenge this week on about 90,000
593:15 the challenge this week on about 90,000 and we ended off on 40, which kind of
593:17 and we ended off on 40, which kind of sucks because after you address haters,
593:19 sucks because after you address haters, you want to win. You want to win on the
593:21 you want to win. You want to win on the haters. I lost on the haters. Even
593:23 haters. I lost on the haters. Even though we did lose 50% of the account, I
593:25 though we did lose 50% of the account, I did something the haters can't. I got on
593:27 did something the haters can't. I got on a G4 to go to Dominican Republic to not
593:30 a G4 to go to Dominican Republic to not only do a podcast on the jet, but to go
593:32 only do a podcast on the jet, but to go check out my tobacco farm that I have
593:34 check out my tobacco farm that I have for this brand that I'm actually
593:35 for this brand that I'm actually building, which is my new cigar brand.
593:38 building, which is my new cigar brand. And I said, "Okay, I might have lost for
593:40 And I said, "Okay, I might have lost for the week, but let's take this private
593:42 the week, but let's take this private jet, this cool podcast, and be back in
593:45 jet, this cool podcast, and be back in about 36 hours just to check up on how
593:47 about 36 hours just to check up on how the cigars are doing and coming right
593:48 the cigars are doing and coming right back." So, the haters had the laugh at
593:51 back." So, the haters had the laugh at the beginning of the week, but then I
593:52 the beginning of the week, but then I had it at the end of the week. All
593:53 had it at the end of the week. All right, ladies and gentlemen, good
593:55 right, ladies and gentlemen, good morning. Let's head to our office. So,
593:56 morning. Let's head to our office. So, let me show you the starting balance for
593:58 let me show you the starting balance for this week on the account. Wrong phone,
594:02 this week on the account. Wrong phone, white phone. So, right now, the starting
594:03 white phone. So, right now, the starting balance for this week is going to be
594:05 balance for this week is going to be $44,000.
594:06 $44,000. So, to start off week 10, we got on the
594:08 So, to start off week 10, we got on the jet right back to Miami. But before I
594:10 jet right back to Miami. But before I leave, I like taking care of the people
594:12 leave, I like taking care of the people that took care of me while we were out
594:14 that took care of me while we were out in this trip in Dominican Republic. Had
594:15 in this trip in Dominican Republic. Had one of the best chefs, one of the best
594:17 one of the best chefs, one of the best services. Tent them about $2,000 in ones
594:20 services. Tent them about $2,000 in ones that I happen to find in my duffel bag.
594:22 that I happen to find in my duffel bag. Don't ask me why it's ones. Don't ask me
594:25 Don't ask me why it's ones. Don't ask me how it got there. I don't know.
594:53 You know what's funny? You give like you give somebody in the United States
594:55 give somebody in the United States $10,000 like cash, like a big stack like
594:57 $10,000 like cash, like a big stack like this, and they'll be like, "Thanks."
595:00 this, and they'll be like, "Thanks." Like they won't they won't give a [ __ ]
595:02 Like they won't they won't give a [ __ ] The first thing that I do when I get
595:03 The first thing that I do when I get back is pull up the time piece trading,
595:04 back is pull up the time piece trading, buy a new Richard Mill cuz I felt like
595:07 buy a new Richard Mill cuz I felt like my wrist was a little weak, you know?
595:08 my wrist was a little weak, you know? I'm like, you know what? We've been
595:09 I'm like, you know what? We've been doing this for 10 weeks. I need some
595:11 doing this for 10 weeks. I need some motivation. I need something better.
595:13 motivation. I need something better. Bugatti is not enough and it's broken.
595:15 Bugatti is not enough and it's broken. Let's go buy a new Richard Mill.
595:16 Let's go buy a new Richard Mill. What you just picked up, it's limited to
595:18 What you just picked up, it's limited to 50 pieces in the world. It's the Asia
595:19 50 pieces in the world. It's the Asia edition. It's carbon, super light. I
595:22 edition. It's carbon, super light. I think it's cool. Like, it's good
595:23 think it's cool. Like, it's good contrast from your like your white
595:25 contrast from your like your white watch, your gold watch. You know
595:26 watch, your gold watch. You know what makes this like the Asia edition?
595:28 what makes this like the Asia edition? The the color way. Oh, like a black and
595:31 The the color way. Oh, like a black and black,
595:32 black, bro. I like this one. I think I'm going
595:33 bro. I like this one. I think I'm going to take this one.
595:35 to take this one. That's it.
595:37 That's it. He's going to sell it to this guy, bro.
595:40 He's going to sell it to this guy, bro. [ __ ] it. Why not? We bought a chain for
595:41 [ __ ] it. Why not? We bought a chain for Ste. We give away out to him.
595:43 Ste. We give away out to him. Cuz you're always giving back.
595:45 Cuz you're always giving back. You know what?
595:48 You know what? Yeah. What is going on here?
595:58 The [ __ ] going on back there? love it.
595:59 back there? love it. You know, he never gets gifts. So, I was
596:02 You know, he never gets gifts. So, I was like, let me be the first guy to
596:03 like, let me be the first guy to actually gift this guy. He's always
596:04 actually gift this guy. He's always giving other people stuff. And I thought
596:05 giving other people stuff. And I thought it was a nice gesture. He doesn't need
596:07 it was a nice gesture. He doesn't need it. Probably got the chain, throws it
596:09 it. Probably got the chain, throws it into the safe, and never looks at it
596:10 into the safe, and never looks at it ever again. But my conscious is good. We
596:13 ever again. But my conscious is good. We are currently in a position that we are
596:14 are currently in a position that we are going to continue to set and forget. I
596:18 going to continue to set and forget. I mean, I literally just called it last
596:19 mean, I literally just called it last night. It's not my first time calling
596:20 night. It's not my first time calling it. All right, boys. So, market update.
596:22 it. All right, boys. So, market update. We are currently up 41,000.
596:25 We are currently up 41,000. So, we're back at We're not even back
596:26 So, we're back at We're not even back where we were last week. And we just did
596:29 where we were last week. And we just did the dumbest thing ever. We just executed
596:32 the dumbest thing ever. We just executed a loss right here because we decided to
596:35 a loss right here because we decided to enter this position right around this
596:38 enter this position right around this area thinking that it was just going to
596:39 area thinking that it was just going to continue to go down. Like when you don't
596:41 continue to go down. Like when you don't sleep all night, you just start seeing
596:42 sleep all night, you just start seeing [ __ ] But then I go down to the 1 hour.
596:44 [ __ ] But then I go down to the 1 hour. I'm like, but wait, this price
596:47 I'm like, but wait, this price definitely has the opportunity to come
596:49 definitely has the opportunity to come back and retest this level of support
596:51 back and retest this level of support and resistance just how it did here. It
596:53 and resistance just how it did here. It could even go up further. it could
596:54 could even go up further. it could literally go back up all the way up to
596:56 literally go back up all the way up to this area right around here before
596:58 this area right around here before actually going down.
597:00 actually going down. So the 80 lot that I took at that point
597:03 So the 80 lot that I took at that point right there, I simply closed it cuz it
597:05 right there, I simply closed it cuz it was actually [ __ ] So now I'm
597:08 was actually [ __ ] So now I'm currently in this position. Um similarly
597:10 currently in this position. Um similarly what I said yesterday, we're ready to
597:12 what I said yesterday, we're ready to execute it. We're just waiting for the
597:13 execute it. We're just waiting for the right confirmations. We just got the
597:15 right confirmations. We just got the break of the structure how I wanted to
597:16 break of the structure how I wanted to enter the EMA.
597:19 enter the EMA. And yeah, we're in this position now.
597:20 And yeah, we're in this position now. So, I'm just going to anticipate for
597:22 So, I'm just going to anticipate for price to continue having a push to the
597:24 price to continue having a push to the downside after this retest. Uh, we
597:26 downside after this retest. Uh, we avoided a loss yesterday on Euro GBP.
597:30 avoided a loss yesterday on Euro GBP. Avoided a loss on GBP JPY and avoided a
597:35 Avoided a loss on GBP JPY and avoided a loss on Euro AUD. So, we've been dodging
597:38 loss on Euro AUD. So, we've been dodging bullets all week. Finally managed to
597:40 bullets all week. Finally managed to catch one that aligned with the
597:43 catch one that aligned with the strategy. We closed a position at the
597:45 strategy. We closed a position at the top of this wick up here and literally
597:48 top of this wick up here and literally we probably did the best decision we
597:50 we probably did the best decision we could have done. We closed these two
597:52 could have done. We closed these two positions at a $2,000 loss for a total
597:55 positions at a $2,000 loss for a total of 160 lots. Then we waited for price to
598:00 of 160 lots. Then we waited for price to have its rejection. Now, some of you
598:01 have its rejection. Now, some of you guys would have been like, "Wow, you
598:02 guys would have been like, "Wow, you closed for no reason. You could have
598:04 closed for no reason. You could have still been holding the trade." You know
598:05 still been holding the trade." You know what? You're right. You're right, dude.
598:07 what? You're right. You're right, dude. But you wouldn't be up $63,000 if I did
598:10 But you wouldn't be up $63,000 if I did not do that. Why? because I waited for
598:13 not do that. Why? because I waited for this next entry bearish engulfing
598:15 this next entry bearish engulfing confirmation uh evening star formation
598:17 confirmation uh evening star formation under the EMA rejection from the
598:19 under the EMA rejection from the structure and I said you know what okay
598:21 structure and I said you know what okay fine you want to take me out of break
598:23 fine you want to take me out of break even and you want to make me lose an
598:25 even and you want to make me lose an extra 15 pips from the original entry
598:28 extra 15 pips from the original entry that I originally had up here from this
598:30 that I originally had up here from this to this point okay fine I'll make it
598:32 to this point okay fine I'll make it back by risking 170 more lots on this
598:36 back by risking 170 more lots on this position before we had 160 lots which
598:39 position before we had 160 lots which was these positions right here. 80 + 80
598:42 was these positions right here. 80 + 80 is 160. You add all these up and we have
598:45 is 160. You add all these up and we have 330. So, we essentially almost doubled a
598:49 330. So, we essentially almost doubled a little bit over the risk that we had
598:50 little bit over the risk that we had before, but we got an extra confirmation
598:52 before, but we got an extra confirmation that we did not get here. And you know
598:54 that we did not get here. And you know what? I [ __ ] with it because yeah, we
598:57 what? I [ __ ] with it because yeah, we lose 15 pips from the entry, but we gain
599:00 lose 15 pips from the entry, but we gain 170 lots. It sucks on the short term,
599:03 170 lots. It sucks on the short term, but on the long term, trust me, it's
599:05 but on the long term, trust me, it's going to pay off,
599:08 going to pay off, man. Dude, how stressful, dude, these
599:10 man. Dude, how stressful, dude, these last couple of hours.
599:12 last couple of hours. Yes. Yes.
599:14 Yes. Yes. In profit. Like, we weren't just up
599:16 In profit. Like, we weren't just up $70,000 [ __ ] dollars. This shit's
599:20 $70,000 [ __ ] dollars. This shit's making me go crazy.
599:21 making me go crazy. All right, we just got out right now at
599:24 All right, we just got out right now at [ __ ]
599:26 [ __ ] I don't know, dude. I don't even know
599:27 I don't know, dude. I don't even know how much that is. Um, like $6,000 in
599:30 how much that is. Um, like $6,000 in profit, 5,000, whatever.
599:33 profit, 5,000, whatever. Bro, what a swing, dude. How do you go
599:35 Bro, what a swing, dude. How do you go from like 13 How do you go from $70,000
599:39 from like 13 How do you go from $70,000 in profit to then $13,000 in draw down
599:43 in profit to then $13,000 in draw down to now only making 4 grand? Tell me how
599:46 to now only making 4 grand? Tell me how that works. So, we ended off week 10
599:48 that works. So, we ended off week 10 pretty choppy, kind of whack. Can't even
599:51 pretty choppy, kind of whack. Can't even lie because we spent a lot of money, but
599:52 lie because we spent a lot of money, but we didn't make a lot of money. But then
599:54 we didn't make a lot of money. But then come week 11, we do the same thing. Pick
599:56 come week 11, we do the same thing. Pick the top pairs for the week. But now this
599:58 the top pairs for the week. But now this time, we did a major comeback.
600:00 time, we did a major comeback. Welcome to week 11, turning $100 into a
600:03 Welcome to week 11, turning $100 into a million. We made up for the slack that
600:05 million. We made up for the slack that we did in two weeks because we took the
600:07 we did in two weeks because we took the account balance from what we were
600:08 account balance from what we were starting at to about $200,000.
600:11 starting at to about $200,000. Now, you might be wondering, "What the
600:13 Now, you might be wondering, "What the [ __ ] The video just started." It
600:16 [ __ ] The video just started." It didn't. The video started yesterday on
600:19 didn't. The video started yesterday on Sunday Swings. Welcome, welcome, welcome
600:23 Sunday Swings. Welcome, welcome, welcome to another Sunday Swings, where I
600:26 to another Sunday Swings, where I literally broke down every single one of
600:28 literally broke down every single one of these trades to the tea. I entered USD
600:32 these trades to the tea. I entered USD CAD on the sales once again. So if you
600:34 CAD on the sales once again. So if you guys go watch last week's series, you
600:36 guys go watch last week's series, you guys would see what I went through last
600:38 guys would see what I went through last week right here at this very moment. I
600:41 week right here at this very moment. I entered this trade, got stopped out at
600:43 entered this trade, got stopped out at break even. I closed out a break even. I
600:45 break even. I closed out a break even. I entered this trade, closed myself out of
600:47 entered this trade, closed myself out of break even right here. It was an
600:48 break even right here. It was an absolute brutal Friday. Now price came
600:51 absolute brutal Friday. Now price came back into the area, did exactly what I
600:53 back into the area, did exactly what I said it was going to do, and then we
600:54 said it was going to do, and then we executed the positions right at the top
600:57 executed the positions right at the top of this area. Such a beautiful trade.
601:00 of this area. Such a beautiful trade. Look at this retest here from this level
601:03 Look at this retest here from this level of support, support, support,
601:04 of support, support, support, resistance, rejection from the EMA.
601:07 resistance, rejection from the EMA. Daily time frame currently having that
601:10 Daily time frame currently having that re break of structure. This daily
601:13 re break of structure. This daily candlestick engulf 1 2 3 4 5 6 7 8 9 10
601:16 candlestick engulf 1 2 3 4 5 6 7 8 9 10 11 candlesticks. Then we had the
601:18 11 candlesticks. Then we had the pullback. Then we had the weekly double
601:20 pullback. Then we had the weekly double dogee rejection from the EMA, rejection
601:23 dogee rejection from the EMA, rejection from the structure. Like there's so many
601:26 from the structure. Like there's so many things that are going to make this trade
601:27 things that are going to make this trade create a new lower low rather than
601:29 create a new lower low rather than create a higher high. All I did was
601:31 create a higher high. All I did was simply re-enter the trade where I was
601:33 simply re-enter the trade where I was originally entered. The only thing that
601:35 originally entered. The only thing that changed is the mindset behind when I
601:38 changed is the mindset behind when I entered this trade versus when I entered
601:40 entered this trade versus when I entered this trade. But if you notice, I'm
601:41 this trade. But if you notice, I'm taking the exact same trade. Look at the
601:44 taking the exact same trade. Look at the pattern formation here and where it is.
601:46 pattern formation here and where it is. It's at the area of interest EMA. Look
601:48 It's at the area of interest EMA. Look at the pattern formation here. It's at
601:50 at the pattern formation here. It's at the area of interest and EMA. And then
601:52 the area of interest and EMA. And then you simply set and forgets. And we are
601:54 you simply set and forgets. And we are now up $168,000. And yes, it's the same
601:57 now up $168,000. And yes, it's the same account as always, boys. You guys can
601:59 account as always, boys. You guys can see right here in the trade history. We
602:01 see right here in the trade history. We can like I can literally close this
602:02 can like I can literally close this position right now. So, it's literally
602:04 position right now. So, it's literally Monday morning and I can literally close
602:06 Monday morning and I can literally close out this position at this very point
602:08 out this position at this very point right here and be done for the week. And
602:10 right here and be done for the week. And there goes this series 5 minutes. But
602:13 there goes this series 5 minutes. But you know what? We're not stopping there.
602:14 you know what? We're not stopping there. We're going to keep it going. We're
602:16 We're going to keep it going. We're going to try and turn this hundred
602:17 going to try and turn this hundred something thousand into the million
602:19 something thousand into the million today. Now, the goal for the week was to
602:21 today. Now, the goal for the week was to double the account. And like always, I
602:23 double the account. And like always, I see the structure continuing with the
602:25 see the structure continuing with the trend. So, I'm going to set and forget.
602:26 trend. So, I'm going to set and forget. I want to maximize my profits, but
602:29 I want to maximize my profits, but minimize my losses. Trade update. It is
602:31 minimize my losses. Trade update. It is currently 12:45
602:34 currently 12:45 in the morning. It's about to be 1:00
602:37 in the morning. It's about to be 1:00 a.m. Right now, we are in a new position
602:39 a.m. Right now, we are in a new position where now the account is up 35 gazillion
602:42 where now the account is up 35 gazillion dollars. I'm kidding. We're still at the
602:45 dollars. I'm kidding. We're still at the same exact spot. Still no trades that we
602:48 same exact spot. Still no trades that we have added on to the challenge. So, we
602:51 have added on to the challenge. So, we did miss this new added position on USD
602:54 did miss this new added position on USD CAT. As you guys can see, prices
602:56 CAT. As you guys can see, prices actually had a retracement to the area
602:58 actually had a retracement to the area exactly how I anticipated. Price came
603:01 exactly how I anticipated. Price came back, reaches this structure level, and
603:03 back, reaches this structure level, and now it looks like it's having a sell
603:04 now it looks like it's having a sell down. We literally pulled out, right? I
603:06 down. We literally pulled out, right? I mean, you know, we had a little bit more
603:08 mean, you know, we had a little bit more that we could have potentially gotten,
603:09 that we could have potentially gotten, but you know, it's simply not worth it.
603:11 but you know, it's simply not worth it. So, we got out at the perfect area right
603:14 So, we got out at the perfect area right before this retracement. We're looking
603:15 before this retracement. We're looking to add positions here, but the session
603:18 to add positions here, but the session was not the right session to be entering
603:20 was not the right session to be entering this trade. So, for me to be interested
603:22 this trade. So, for me to be interested in adding a new position, I would have
603:23 in adding a new position, I would have to wait for a retest here to then head
603:26 to wait for a retest here to then head to the downside. So, I'm going to be
603:28 to the downside. So, I'm going to be waiting for that lower high to then
603:30 waiting for that lower high to then sell. Wake up the next day and I see the
603:33 sell. Wake up the next day and I see the trade could have tripled the account. I
603:35 trade could have tripled the account. I could have closed the account at half a
603:37 could have closed the account at half a million dollars by doing nothing. And,
603:39 million dollars by doing nothing. And, you know, this did mess with my
603:41 you know, this did mess with my psychology a little bit, but I'm leading
603:43 psychology a little bit, but I'm leading by example. I have too many people
603:44 by example. I have too many people watching me. I have to be realistic and
603:46 watching me. I have to be realistic and be like, you know what, guys? This is
603:47 be like, you know what, guys? This is going to happen. You're going to set and
603:49 going to happen. You're going to set and forget and you're going to close at the
603:50 forget and you're going to close at the point where you thought it was the final
603:52 point where you thought it was the final point before price reversed. But the
603:54 point before price reversed. But the trade keeps on going. It's okay. You
603:57 trade keeps on going. It's okay. You made money. You hit your take profit.
603:58 made money. You hit your take profit. You move on. So, I did miss out on about
604:01 You move on. So, I did miss out on about 300K on the trade. But it's okay because
604:04 300K on the trade. But it's okay because I hit the profit for the week and we
604:06 I hit the profit for the week and we showed people that we can come back from
604:09 showed people that we can come back from two losing weeks, two break even weeks
604:11 two losing weeks, two break even weeks to now tripling the account on one
604:13 to now tripling the account on one single trade.
604:20 It's week 12 of me turning this into a million day trading. So on week 12 is
604:22 million day trading. So on week 12 is where things start getting a little
604:24 where things start getting a little interesting because now every single
604:25 interesting because now every single trade we're about to take is going to
604:27 trade we're about to take is going to fluctuate hundreds of thousands of
604:29 fluctuate hundreds of thousands of dollars. So, like always, the pairs that
604:31 dollars. So, like always, the pairs that we analyzed on Sunday swings ended up
604:32 we analyzed on Sunday swings ended up taking it. We fluctuated up and down.
604:35 taking it. We fluctuated up and down. Trade update. I feel like I I feel like
604:37 Trade update. I feel like I I feel like I've said this a million times. Trade
604:39 I've said this a million times. Trade update. Right now, we are up $59,000
604:43 update. Right now, we are up $59,000 on the account. But not only have I said
604:45 on the account. But not only have I said this a million times, I'm talking about
604:47 this a million times, I'm talking about this. Oh, oh, oh.
604:50 this. Oh, oh, oh. Yo, what is going on every single time?
604:52 Yo, what is going on every single time? Yo, what the [ __ ] Yo, it's every time,
604:55 Yo, what the [ __ ] Yo, it's every time, dude. Yo, I can't make this up, dude.
604:58 dude. Yo, I can't make this up, dude. Yo, I can't make this [ __ ] up, bro. I
605:01 Yo, I can't make this [ __ ] up, bro. I can't make this up,
605:04 can't make this up, bro. I was literally going to say we
605:06 bro. I was literally going to say we have the head and shoulders pattern. We
605:08 have the head and shoulders pattern. We see this pattern a gazillion times and
605:11 see this pattern a gazillion times and then we usually always have the retest
605:13 then we usually always have the retest to then sell. Dude, what is happening,
605:15 to then sell. Dude, what is happening, dude? What is happening, bro?
605:23 All right. Well, look at that. There goes our trade update right there. We're
605:25 goes our trade update right there. We're up 100,000. The goal for the week is
605:27 up 100,000. The goal for the week is half a ticket, bro. Almost was there.
605:29 half a ticket, bro. Almost was there. Come on. Do your thing. Yeah. And dude,
605:31 Come on. Do your thing. Yeah. And dude, I was just so calm. I was so relaxed. I
605:34 I was just so calm. I was so relaxed. I was so pacific.
605:37 was so pacific. Well, the goal was to show you guys that
605:39 Well, the goal was to show you guys that what I said we needed yesterday to
605:41 what I said we needed yesterday to happen, which was the head and
605:43 happen, which was the head and shoulders. We put our alarm at the ship
605:46 shoulders. We put our alarm at the ship structure and once we body close under
605:48 structure and once we body close under it, we get the retest and then we sell.
605:51 it, we get the retest and then we sell. That's basically it. We've we've said it
605:52 That's basically it. We've we've said it a 100 [ __ ] times.
605:55 a 100 [ __ ] times. You can't make this up, dude. You cannot
605:58 You can't make this up, dude. You cannot make this up. Okay, so right now we are
606:01 make this up. Okay, so right now we are up exactly a one to one and we're up
606:06 up exactly a one to one and we're up about 100,000.
606:09 about 100,000. That means when we get 2011 to 2, we
606:12 That means when we get 2011 to 2, we should be up 200,000. And when we get
606:14 should be up 200,000. And when we get 2011 to 3, we'll be up 300,000. Isn't
606:18 2011 to 3, we'll be up 300,000. Isn't that beautiful? Don't you want to have
606:19 that beautiful? Don't you want to have your easy math like that? Every single
606:21 your easy math like that? Every single time you add a risk-to-reward, it's just
606:22 time you add a risk-to-reward, it's just an extra 100k. 100k. 100k sounds good to
606:25 an extra 100k. 100k. 100k sounds good to me. This is why I didn't want to
606:27 me. This is why I didn't want to celebrate earlier or be anywhere near
606:29 celebrate earlier or be anywhere near excited because I expected for something
606:31 excited because I expected for something like this to happen. We are currently
606:34 like this to happen. We are currently down about $25,000 in the account when
606:38 down about $25,000 in the account when we were up earlier about $150,000 at the
606:42 we were up earlier about $150,000 at the height of it.
606:49 The markets did the dead out of me. Look at this. Price went not only straight
606:52 at this. Price went not only straight into our stop loss, but a complete
606:54 into our stop loss, but a complete violation. Break through the previous
606:56 violation. Break through the previous structure level, almost through the
606:58 structure level, almost through the screen, and out the [ __ ] roof. We
607:01 screen, and out the [ __ ] roof. We just got diddy didd in the didd.
607:05 just got diddy didd in the didd. Is that even real? [ __ ] Luckily, we did
607:09 Is that even real? [ __ ] Luckily, we did not risk much on the position. We are
607:11 not risk much on the position. We are only back at $135,000
607:14 only back at $135,000 and we only took about a $68,000
607:19 and we only took about a $68,000 loss on the account which given this
607:23 loss on the account which given this trade I should have risked 100%. But I
607:26 trade I should have risked 100%. But I explained to you the higher I go in the
607:27 explained to you the higher I go in the account I lower my risk by 25 to 50%. So
607:30 account I lower my risk by 25 to 50%. So I'm not even mad. I I I'm not it's just
607:32 I'm not even mad. I I I'm not it's just it's one of those losses with this type
607:34 it's one of those losses with this type of approach. You know, Albert Einstein
607:36 of approach. You know, Albert Einstein has projects that sometimes don't don't
607:37 has projects that sometimes don't don't do well. And right now, we are not doing
607:40 do well. And right now, we are not doing well. We're still at the same exact
607:42 well. We're still at the same exact spot. Still no new positions into the
607:44 spot. Still no new positions into the account. So, our trade deals are going
607:47 account. So, our trade deals are going to potentially start moving as of right
607:48 to potentially start moving as of right now. GBPCHF for cells. I love how this
607:52 now. GBPCHF for cells. I love how this price action is currently looking right
607:53 price action is currently looking right now. Daily time frame closed with a
607:56 now. Daily time frame closed with a daily dogee. And if we go down to the 1
607:58 daily dogee. And if we go down to the 1 hour, 1 hour has had what looks to be
608:01 hour, 1 hour has had what looks to be like a little double top. I'm literally
608:03 like a little double top. I'm literally going to wait for a break and retest
608:05 going to wait for a break and retest under this area right here. So, this is
608:08 under this area right here. So, this is kind of like the consolidation zone it's
608:09 kind of like the consolidation zone it's in. So, I want to have some type of
608:11 in. So, I want to have some type of break out of this and then a quick
608:14 break out of this and then a quick retest, then sell. A little breakout,
608:16 retest, then sell. A little breakout, then a quick retest, then sell.
608:18 then a quick retest, then sell. Everything depends on the price action.
608:20 Everything depends on the price action. But, I want to enter here, but I can't
608:22 But, I want to enter here, but I can't enter here right now. I need the
608:24 enter here right now. I need the breakout confirmation and then the
608:26 breakout confirmation and then the pullback to enter here. I don't mind
608:28 pullback to enter here. I don't mind entering a little bit lower, but I just
608:30 entering a little bit lower, but I just need the confirmation that it's having a
608:31 need the confirmation that it's having a breakout. It's having a move. We are up
608:35 breakout. It's having a move. We are up $238,000
608:42 [ __ ] dollars. GBPCHF trade update. So, right now we have
608:44 trade update. So, right now we have three very unique entries on GBPCHF and
608:47 three very unique entries on GBPCHF and I want to explain them to perfection
608:49 I want to explain them to perfection because this moved very fast. Literally
608:51 because this moved very fast. Literally only like 4 hours. This is just one
608:54 only like 4 hours. This is just one candlestick. So, GBPCHF, we had the
608:57 candlestick. So, GBPCHF, we had the 4hour bearish engulfing how I wanted
608:59 4hour bearish engulfing how I wanted from that area and then we obviously
609:02 from that area and then we obviously entered at the breakout of all of this
609:06 entered at the breakout of all of this consolidation zone here. I entered on
609:08 consolidation zone here. I entered on this 1 in the morning candlestick as it
609:11 this 1 in the morning candlestick as it was getting ready to close. Entered
609:13 was getting ready to close. Entered right there. Spread took a little bit
609:14 right there. Spread took a little bit down and then we had our next entry on
609:18 down and then we had our next entry on this 15minute pullback. So, we had the
609:21 this 15minute pullback. So, we had the full move. I'm like, yes, amazing,
609:23 full move. I'm like, yes, amazing, beautiful. But then we had this
609:25 beautiful. But then we had this pullback. And on this pullback, I waited
609:27 pullback. And on this pullback, I waited for this engulfing confirmation. We
609:30 for this engulfing confirmation. We entered on this pullback of this wick.
609:32 entered on this pullback of this wick. And then the next entry, we entered at
609:34 And then the next entry, we entered at the bottom of that rejection candle
609:36 the bottom of that rejection candle right there. And those are our three
609:38 right there. And those are our three entries. We have our first one up here,
609:41 entries. We have our first one up here, our second one right here, and our third
609:43 our second one right here, and our third one right around here. And our takerit
609:46 one right around here. And our takerit was very strategically placed at this
609:49 was very strategically placed at this next 4hour low. So as you can see, the 4
609:52 next 4hour low. So as you can see, the 4 hours is clearly bearish. Higher, high,
609:53 hours is clearly bearish. Higher, high, higher low. D bearish lower low, lower
609:55 higher low. D bearish lower low, lower high, lower low, lower high. We're
609:57 high, lower low, lower high. We're destined to create a new lower low. But
609:59 destined to create a new lower low. But up to where? Up to this structure point.
610:02 up to where? Up to this structure point. And you can clearly see that price has
610:04 And you can clearly see that price has very well reacted from that structure
610:06 very well reacted from that structure point. This is only a 1 to 2.7
610:08 point. This is only a 1 to 2.7 risk-to-reward. And we've risked a lot
610:11 risk-to-reward. And we've risked a lot more than what we're risking here on
610:13 more than what we're risking here on different markets. This move just
610:15 different markets. This move just happens to be very, very volatile. Like
610:17 happens to be very, very volatile. Like we're up 102 pips right now.
610:19 we're up 102 pips right now. You got to set and forget. The trade
610:20 You got to set and forget. The trade either hits my stop loss or hits my
610:21 either hits my stop loss or hits my takeprofit. Can I set and forget? And
610:23 takeprofit. Can I set and forget? And the trade ended up closing off at the
610:25 the trade ended up closing off at the highest point, which I think it was
610:26 highest point, which I think it was about $400,000
610:28 about $400,000 at this point where the challenge is
610:30 at this point where the challenge is right now. So, we stuck to our trading
610:31 right now. So, we stuck to our trading plan. We held oursel accountable while
610:33 plan. We held oursel accountable while doing this live in front of hundreds of
610:35 doing this live in front of hundreds of thousands of people on my Telegram,
610:37 thousands of people on my Telegram, Discord, Instagram, YouTube, absolutely
610:40 Discord, Instagram, YouTube, absolutely everywhere. I'm not the only one making
610:42 everywhere. I'm not the only one making money at this point. There are so many
610:44 money at this point. There are so many of you guys that have done your own
610:45 of you guys that have done your own flips that I'm like, "Oh [ __ ] this
610:47 flips that I'm like, "Oh [ __ ] this shit's getting serious." I did a podcast
610:49 shit's getting serious." I did a podcast with a student that by copying my exact
610:51 with a student that by copying my exact same trades, he took uh what was it? I
610:53 same trades, he took uh what was it? I think he did $1,000 to $150,000.
610:58 think he did $1,000 to $150,000. This guy by just watching my Instagram
611:00 This guy by just watching my Instagram stories became a six figure person by
611:03 stories became a six figure person by watching 10-second Instagram stories.
611:06 watching 10-second Instagram stories. Talk about [ __ ] batting. Trade
611:07 Talk about [ __ ] batting. Trade update. We closed at 332,000
611:11 update. We closed at 332,000 trade history. As you guys can see, we
611:13 trade history. As you guys can see, we have officially closed the position at
611:16 have officially closed the position at the highest point keyword. We've closed
611:18 the highest point keyword. We've closed the position. We were just up 400,000.
611:21 the position. We were just up 400,000. We lost 70K just because of [ __ ]
611:23 We lost 70K just because of [ __ ] floating [ __ ] P&L.
611:29 Well, you know what? We actually won a trade. We shouldn't be doing that. So,
611:30 trade. We shouldn't be doing that. So, after we closed off on week 12 at about
611:32 after we closed off on week 12 at about $400,000, on week 13, I got a bright
611:35 $400,000, on week 13, I got a bright idea. We're going to [ __ ] live stream
611:38 idea. We're going to [ __ ] live stream the last trade, trading 400 into a
611:41 the last trade, trading 400 into a million. [ __ ] it. I came up with a
611:43 million. [ __ ] it. I came up with a bright idea to do it on Instagram. I go
611:46 bright idea to do it on Instagram. I go on Instagram, try to do an IG live,
611:48 on Instagram, try to do an IG live, doesn't let me. Said, "Okay, you know
611:49 doesn't let me. Said, "Okay, you know what? Everything happens for a reason.
611:51 what? Everything happens for a reason. Let's then go to YouTube." And we start
611:53 Let's then go to YouTube." And we start a live stream turning $400,000 to
611:57 a live stream turning $400,000 to $800,000. All right, ladies and
612:01 $800,000. All right, ladies and gentlemen, welcome to the live stream.
612:04 gentlemen, welcome to the live stream. Today in the morning when I w I
612:06 Today in the morning when I w I literally just woke up like an hour ago
612:08 literally just woke up like an hour ago and I'm seeing the trade that I took
612:10 and I'm seeing the trade that I took last night. I'm like, "Yo, I have to do
612:14 last night. I'm like, "Yo, I have to do an IG live from the moment that I wake
612:18 an IG live from the moment that I wake up till this trade hits a million." Then
612:20 up till this trade hits a million." Then I go to my IG. So I'm going to show you
612:22 I go to my IG. So I'm going to show you guys right now. So this is my account as
612:26 guys right now. So this is my account as you guys can see. When I go into my
612:27 you guys can see. When I go into my account, I go into my settings and I'm
612:29 account, I go into my settings and I'm trying to go on live. So look, I'm I'm
612:32 trying to go on live. So look, I'm I'm going to do it right now with you guys,
612:33 going to do it right now with you guys, right? So right here on my IG, I try and
612:35 right? So right here on my IG, I try and go live. So I click here live
612:40 go live. So I click here live at this time, your account is not
612:42 at this time, your account is not eligible to use this. So even if I
612:44 eligible to use this. So even if I wanted to, I couldn't go live on
612:46 wanted to, I couldn't go live on Instagram. And I'm like, [ __ ] how do I
612:49 Instagram. And I'm like, [ __ ] how do I stream? Like for me, this very point the
612:52 stream? Like for me, this very point the whole entire way of me turning the
612:54 whole entire way of me turning the hundred to the mil. Like it's going to
612:56 hundred to the mil. Like it's going to literally be like the rawest day in the
612:58 literally be like the rawest day in the life that I think anybody has ever done.
613:00 life that I think anybody has ever done. So, basically, we're going to stream
613:03 So, basically, we're going to stream until this account turns into a mill.
613:05 until this account turns into a mill. Whether it happens today, tomorrow, the
613:09 Whether it happens today, tomorrow, the day after. I don't plan to turn off the
613:11 day after. I don't plan to turn off the stream until we don't reach the million.
613:14 stream until we don't reach the million. So, this can last an hour, which I don't
613:17 So, this can last an hour, which I don't think so based off of the price action.
613:19 think so based off of the price action. Or this can last 24 hours. This can last
613:23 Or this can last 24 hours. This can last 48 hours. I will not shut off this
613:26 48 hours. I will not shut off this stream until we don't complete the
613:27 stream until we don't complete the challenge. This is something that is
613:29 challenge. This is something that is legendary and I want it to be documented
613:32 legendary and I want it to be documented the whole entire way. So get prepared,
613:35 the whole entire way. So get prepared, get comfortable because this is going to
613:37 get comfortable because this is going to be an interesting
613:40 be an interesting 24 hours, 48 hours, you guys are going
613:42 24 hours, 48 hours, you guys are going to see real day in my life. Obviously
613:44 to see real day in my life. Obviously like if I had to enter some meetings and
613:45 like if I had to enter some meetings and stuff, you know, I can't have you guys
613:48 stuff, you know, I can't have you guys be part of that. I'll just kind of like
613:49 be part of that. I'll just kind of like put it to the phone and [ __ ] So
613:53 put it to the phone and [ __ ] So I mean we're we're live, bro. Like what
613:55 I mean we're we're live, bro. Like what do we do now? Like we're just live.
613:57 do we do now? Like we're just live. Look, this is literally live right now.
614:01 Look, this is literally live right now. Focus.
614:01 Focus. How much are we up? 600. [ __ ]
614:08 History. Hold up.
614:08 Hold up. Is it focusing?
614:14 Is it focusing? Yeah. Put a little higher.
614:17 Yeah. Put a little higher. Yeah. There you go.
614:18 Yeah. There you go. You want it higher than that? Huh? Okay.
614:21 You want it higher than that? Huh? Okay. So basically we have USD CHF where
614:23 So basically we have USD CHF where basically we have been interested in
614:26 basically we have been interested in taking this position since early this
614:28 taking this position since early this week. You guys can tell how we've had
614:30 week. You guys can tell how we've had this very strong consolidation zone and
614:33 this very strong consolidation zone and then what we ended up doing is we broke
614:35 then what we ended up doing is we broke out of that consolidation zone. Let me
614:36 out of that consolidation zone. Let me actually take off all these writings. So
614:38 actually take off all these writings. So once we broke out of this consolidation
614:40 once we broke out of this consolidation zone, we were then waiting for price to
614:41 zone, we were then waiting for price to have a retest of this area. Once it
614:43 have a retest of this area. Once it retested this structure, then we would
614:45 retested this structure, then we would continue to head to the upside. Now,
614:48 continue to head to the upside. Now, this had the retest exactly not exactly
614:51 this had the retest exactly not exactly as I wanted to, but it made it to the
614:53 as I wanted to, but it made it to the area. And we had the most important
614:55 area. And we had the most important thing, which is going to be our entry
614:58 thing, which is going to be our entry signal, which is this right here. This
614:59 signal, which is this right here. This right here is our entry signal. Not this
615:03 right here is our entry signal. Not this specifically, but there is something in
615:05 specifically, but there is something in here that happened that is my entry
615:08 here that happened that is my entry signal. And I don't really ever speak
615:10 signal. And I don't really ever speak about it. And you know what? I'm going
615:12 about it. And you know what? I'm going to talk about it on the stream, but not
615:14 to talk about it on the stream, but not right now because we just got started
615:16 right now because we just got started with the stream and I don't see this
615:18 with the stream and I don't see this market moving for the next
615:27 7 hours. So, only to the soldiers that are with me for these next seven hours
615:29 are with me for these next seven hours that I'm doing this stream am I going to
615:31 that I'm doing this stream am I going to actually break everything down of my
615:33 actually break everything down of my strategy and everything. So, I I I you
615:36 strategy and everything. So, I I I you know, I feel like I came up with this
615:37 know, I feel like I came up with this idea and I haven't really processed
615:39 idea and I haven't really processed that. We didn't really put too much
615:41 that. We didn't really put too much thought into,
615:41 thought into, bro. For real, dude. What the [ __ ] bro?
615:44 bro. For real, dude. What the [ __ ] bro? Cuz now I can't turn it off.
615:47 Cuz now I can't turn it off. I just can't. I'm so committed. I I
615:48 I just can't. I'm so committed. I I can't. I live streamed for literally 26
615:52 can't. I live streamed for literally 26 hours. I was with you guys when I went
615:55 hours. I was with you guys when I went to throw away trash, when I went to go
615:57 to throw away trash, when I went to go eat, when I went to go drift, when I
615:59 eat, when I went to go drift, when I went to go do my day-to-day life. I
616:00 went to go do my day-to-day life. I literally was with you guys all the
616:03 literally was with you guys all the time. So, I did want to say this is
616:05 time. So, I did want to say this is probably one of the most spontaneous
616:07 probably one of the most spontaneous little events I've done. I probably
616:09 little events I've done. I probably expected five people to pull up, six
616:11 expected five people to pull up, six people to pull up. We have well over
616:12 people to pull up. We have well over almost like 50 60 people. It's two in
616:14 almost like 50 60 people. It's two in the morning. You guys are maniacs,
616:16 the morning. You guys are maniacs, right? I'm letting you guys know. I
616:18 right? I'm letting you guys know. I thought I was a freak staying up all
616:19 thought I was a freak staying up all night watching the markets.
616:20 night watching the markets. You are.
616:21 You are. Well, I'm not I'm
616:24 Well, I'm not I'm could be a maniac. I could be a maniac,
616:26 could be a maniac. I could be a maniac, but I'm not the only one. I'm surrounded
616:27 but I'm not the only one. I'm surrounded by other people that are passionate
616:30 by other people that are passionate about this [ __ ] People that are willing
616:31 about this [ __ ] People that are willing to do whatever the [ __ ] it takes to make
616:33 to do whatever the [ __ ] it takes to make this [ __ ] go down. And like, yeah, it's
616:35 this [ __ ] go down. And like, yeah, it's cool that I, you know, dropped the pin
616:37 cool that I, you know, dropped the pin and was able to get you guys here
616:38 and was able to get you guys here together, but like this [ __ ] is not
616:39 together, but like this [ __ ] is not about me, bro. Like, this is about you
616:41 about me, bro. Like, this is about you guys. You guys got to realize that you
616:43 guys. You guys got to realize that you guys are doing the same thing that I'm
616:45 guys are doing the same thing that I'm doing to be able to be on the same
616:46 doing to be able to be on the same journey that I am. You guys are staying
616:48 journey that I am. You guys are staying up. You guys are putting money at risk.
616:50 up. You guys are putting money at risk. You guys are learning, failing, rinse
616:52 You guys are learning, failing, rinse and repeating. And over time, you're not
616:54 and repeating. And over time, you're not the same person that you were last month
616:56 the same person that you were last month compared to now. So, I just want to say
616:58 compared to now. So, I just want to say like the people that you are around
616:59 like the people that you are around right now are the people you want to be
617:01 right now are the people you want to be around with. You're the fifth person out
617:04 around with. You're the fifth person out of your four people in your friend
617:05 of your four people in your friend group. If your four friends are smoking
617:07 group. If your four friends are smoking weed, you're [ __ ] smoking weed. If
617:09 weed, you're [ __ ] smoking weed. If your four friends are diddy, you're the
617:10 your four friends are diddy, you're the fifth Diddy. That's how it go.
617:12 fifth Diddy. That's how it go. You guys were telling me to close a
617:13 You guys were telling me to close a trade when we were up 700,000.
617:15 trade when we were up 700,000. This is not done. There's a lot more in
617:18 This is not done. There's a lot more in this.
617:18 this. You guys told me to close a trade when
617:20 You guys told me to close a trade when price started pulling back and we were
617:21 price started pulling back and we were at 600,000. And on the live stream, not
617:23 at 600,000. And on the live stream, not only am I answering all your guys'
617:25 only am I answering all your guys' questions, but I am literally engraving
617:27 questions, but I am literally engraving the mindset. You need to adapt to be
617:30 the mindset. You need to adapt to be able to handle these types of swings.
617:32 able to handle these types of swings. The trade isn't done. If the trade has
617:35 The trade isn't done. If the trade has not hit the takerit, you do not close.
617:38 not hit the takerit, you do not close. The trade was at about 700,000 and I
617:41 The trade was at about 700,000 and I wish you could see the chat. Literally
617:43 wish you could see the chat. Literally thousands of people live watching saying
617:45 thousands of people live watching saying close, close, close, close. Clearly,
617:47 close, close, close, close. Clearly, none of these people are my students and
617:49 none of these people are my students and they don't know how the set and forget
617:50 they don't know how the set and forget strategy works. The set and forget
617:52 strategy works. The set and forget strategy works by set and forgetting.
617:55 strategy works by set and forgetting. You have a stop-loss. You have a
617:56 You have a stop-loss. You have a takerit. Price is either going to hit
617:58 takerit. Price is either going to hit one or the other. And guess what we did?
618:00 one or the other. And guess what we did? We set and [ __ ] forget.
618:02 We set and [ __ ] forget. We have officially closed the challenge
618:05 We have officially closed the challenge at 800,000.
618:08 at 800,000. Just do it. The trade not only hit our
618:11 Just do it. The trade not only hit our takerit and we close at 800,000. The
618:14 takerit and we close at 800,000. The trade continued to create new highs. If
618:16 trade continued to create new highs. If I would have just continued to hold for
618:18 I would have just continued to hold for two more hours, I would have completely
618:21 two more hours, I would have completely finished the challenge at this very
618:23 finished the challenge at this very moment. I could have finished it on a
618:25 moment. I could have finished it on a legendary 26-hour stream. But you know
618:27 legendary 26-hour stream. But you know what? I'm glad that I followed my
618:29 what? I'm glad that I followed my strategy and I closed at where I did
618:31 strategy and I closed at where I did because then this gave me the
618:33 because then this gave me the opportunity on week 14 to start off a
618:36 opportunity on week 14 to start off a stream right at the beginning of the
618:38 stream right at the beginning of the week where then we took the final
618:40 week where then we took the final $800,000 to then the million. And all I
618:44 $800,000 to then the million. And all I can say, you know what? I'm gonna let
618:47 can say, you know what? I'm gonna let the stream speak for itself.
619:01 So that was like looking back at those clips right now, it really lets me just
619:04 clips right now, it really lets me just like settle in and realize, bro, what I
619:07 like settle in and realize, bro, what I was doing, I I was out of my mind. I was
619:10 was doing, I I was out of my mind. I was losing sleep every single night. I was
619:13 losing sleep every single night. I was taking a unnecessary amount of stress
619:16 taking a unnecessary amount of stress that I didn't need to take. And
619:18 that I didn't need to take. And honestly, I just put this challenge on
619:20 honestly, I just put this challenge on my shoulders for whatever reason that I
619:22 my shoulders for whatever reason that I came up to it. But if there's something
619:24 came up to it. But if there's something that I did realize after watching back
619:27 that I did realize after watching back on these videos and looking at what I
619:29 on these videos and looking at what I did is that I stayed true to one thing
619:33 did is that I stayed true to one thing and that is my strategy. Every single
619:36 and that is my strategy. Every single trade that I took, I had an extreme
619:38 trade that I took, I had an extreme consistency behind every single trade. I
619:41 consistency behind every single trade. I understood exactly the type of trade
619:43 understood exactly the type of trade that I was taking. I was reading market
619:44 that I was taking. I was reading market structure the proper way. I was properly
619:46 structure the proper way. I was properly having a trade hit my area of interest.
619:48 having a trade hit my area of interest. I was having a trade properly giving my
619:50 I was having a trade properly giving my entry signal at the right time. Like
619:52 entry signal at the right time. Like despite all the noise and everything
619:54 despite all the noise and everything going down, I stuck to one simple
619:57 going down, I stuck to one simple approach into the market and that is
619:58 approach into the market and that is confluence trading. Having the trade
620:00 confluence trading. Having the trade makes sense. Now yes, was it fun? Was it
620:03 makes sense. Now yes, was it fun? Was it exciting? Was it a crazy journey? Yes.
620:07 exciting? Was it a crazy journey? Yes. Will I do it again? Maybe. I think that
620:11 Will I do it again? Maybe. I think that that person that I was when I started
620:14 that person that I was when I started that challenge was not the same person
620:17 that challenge was not the same person that came out at the end of the other
620:18 that came out at the end of the other side. And the person that I am today is
620:22 side. And the person that I am today is not the same person even when I finished
620:24 not the same person even when I finished that challenge because that just led me
620:26 that challenge because that just led me to understand not only the markets in a
620:28 to understand not only the markets in a different way, but that let me
620:30 different way, but that let me understand myself and just trading as a
620:34 understand myself and just trading as a whole. understanding the opportunity
620:36 whole. understanding the opportunity that trading has to offer and the real
620:40 that trading has to offer and the real raw way of flipping accounts, aggressive
620:43 raw way of flipping accounts, aggressive trading, uh just just just being a
620:46 trading, uh just just just being a fullblown trader. Just every single
620:49 fullblown trader. Just every single thing that I would wake up, eat, sleep,
620:51 thing that I would wake up, eat, sleep, breathe would just be trading. There was
620:52 breathe would just be trading. There was nothing else that was on my mind for
620:54 nothing else that was on my mind for those three months of me completing that
620:56 those three months of me completing that journey. And if there's something that I
620:59 journey. And if there's something that I would take away from that whole entire
621:01 would take away from that whole entire journey, it would be that for you to
621:04 journey, it would be that for you to succeed in this, for you to do what I do
621:06 succeed in this, for you to do what I do in this or what other people are doing
621:08 in this or what other people are doing in this is that you need to do exactly
621:10 in this is that you need to do exactly that. You need to immerse yourself in
621:13 that. You need to immerse yourself in this. Like this needs to be what you
621:15 this. Like this needs to be what you eat, sleep, breathe. I have so many
621:17 eat, sleep, breathe. I have so many people that come up to me in the public
621:19 people that come up to me in the public and they're like, "Hey man, like I I
621:20 and they're like, "Hey man, like I I really want to have this this trading
621:22 really want to have this this trading stuff as like a side gig. Like I want to
621:23 stuff as like a side gig. Like I want to have an extra source of income." I'm
621:25 have an extra source of income." I'm like, "Buddy, that's not going to
621:27 like, "Buddy, that's not going to happen." Like, trading is not going to
621:28 happen." Like, trading is not going to be an extra source of income for you.
621:30 be an extra source of income for you. Like, you're either allin or you're not.
621:32 Like, you're either allin or you're not. Can it become an extra source of income
621:35 Can it become an extra source of income in the future once you understand how to
621:36 in the future once you understand how to trade and how you do this properly? Yes,
621:38 trade and how you do this properly? Yes, of course, 100%. But you first need to
621:41 of course, 100%. But you first need to be all in how I was in that challenge to
621:45 be all in how I was in that challenge to understand the markets and understand
621:46 understand the markets and understand yourself on how to understand the
621:49 yourself on how to understand the markets. And then once you understand
621:52 markets. And then once you understand everything, you could treat it as a side
621:54 everything, you could treat it as a side gig because you get it. But you can't
621:56 gig because you get it. But you can't get something into you don't actually
621:58 get something into you don't actually get it. That is probably the biggest
622:00 get it. That is probably the biggest takeaway that I took from this whole
622:02 takeaway that I took from this whole entire challenge is that I really en
622:04 entire challenge is that I really en engulfed myself in the market as a
622:07 engulfed myself in the market as a whole. And if there's something that I
622:09 whole. And if there's something that I now have so much passion for is not only
622:12 now have so much passion for is not only trading, but it's getting other traders
622:14 trading, but it's getting other traders to understand the markets exactly how I
622:16 to understand the markets exactly how I do it at this point. I have students of
622:18 do it at this point. I have students of mine now that they break down the trades
622:21 mine now that they break down the trades and they not only break them down just
622:23 and they not only break them down just like me, but they almost sound like me.
622:25 like me, but they almost sound like me. Like they're literally reading the
622:26 Like they're literally reading the markets. They're talking head and
622:27 markets. They're talking head and shoulder. They're talking area of
622:28 shoulder. They're talking area of interest. They're talking shift to
622:29 interest. They're talking shift to structure at the exact points where I do
622:31 structure at the exact points where I do when I break down the trade. Sometimes
622:33 when I break down the trade. Sometimes some of my students I'm like I don't
622:35 some of my students I'm like I don't even need to teach anymore. Like you
622:37 even need to teach anymore. Like you guys can do this for me because this is
622:39 guys can do this for me because this is like speaking a language. Trading is not
622:41 like speaking a language. Trading is not difficult. All you need to do is just
622:42 difficult. All you need to do is just simply learn. Something's not hard if
622:44 simply learn. Something's not hard if you don't know it. But when you know it,
622:46 you don't know it. But when you know it, you simply know it. For me right now,
622:47 you simply know it. For me right now, talking Chinese will be very difficult.
622:50 talking Chinese will be very difficult. But is it impossible? No. Will it take
622:52 But is it impossible? No. Will it take me a year to be able to perfect it and
622:54 me a year to be able to perfect it and be able to fluently listen to Chinese
622:56 be able to fluently listen to Chinese music? Yeah, I'm not going to get it
622:58 music? Yeah, I'm not going to get it right off the bat. But if I surround
623:00 right off the bat. But if I surround myself with a bunch of people that speak
623:02 myself with a bunch of people that speak Chinese and are constantly communicating
623:04 Chinese and are constantly communicating in it and we're writing it down and
623:06 in it and we're writing it down and everything we do is in Chinese, I'm
623:08 everything we do is in Chinese, I'm going to be able to grab it a lot
623:09 going to be able to grab it a lot faster. And that's where I've been
623:11 faster. And that's where I've been dedicating a lot of my time to lately.
623:13 dedicating a lot of my time to lately. And it's getting these right people in
623:15 And it's getting these right people in the right environment to be speaking
623:17 the right environment to be speaking this right language. The people inside
623:19 this right language. The people inside of my community, my community is no
623:21 of my community, my community is no longer open to the public. Like
623:22 longer open to the public. Like everything I've lit I like the people
623:24 everything I've lit I like the people that want to learn how to trade and
623:26 that want to learn how to trade and learn how to properly read the markets,
623:27 learn how to properly read the markets, like this is what YouTube is for. This
623:29 like this is what YouTube is for. This is what this platform is for. It's for
623:30 is what this platform is for. It's for you guys to just go ahead and and have
623:32 you guys to just go ahead and and have everything on one spot. That's what this
623:33 everything on one spot. That's what this is for. But the people that actually
623:35 is for. But the people that actually want to take trading serious and
623:36 want to take trading serious and actually learn a strategy and be a part
623:38 actually learn a strategy and be a part of a community, that's what I dedicate
623:39 of a community, that's what I dedicate my time to. back. I have a very very
623:41 my time to. back. I have a very very small circle of traders where I break
623:44 small circle of traders where I break down trades with them live. I get to
623:46 down trades with them live. I get to review their trades live. People get to
623:48 review their trades live. People get to actually be on a Zoom call with me
623:51 actually be on a Zoom call with me one-on-one. They get to open their mic,
623:52 one-on-one. They get to open their mic, ask me questions. These are people that
623:54 ask me questions. These are people that are actually serious about trading.
623:55 are actually serious about trading. Like, if you want to know what trading
623:56 Like, if you want to know what trading is, how trading works, what is a support
623:59 is, how trading works, what is a support and resistance, what is a this, what is
624:00 and resistance, what is a this, what is a that, that that's what my YouTube is
624:02 a that, that that's what my YouTube is for, and I will gladly do that for you.
624:04 for, and I will gladly do that for you. And you're going to learn what
624:06 And you're going to learn what everything is, right? There's nothing
624:07 everything is, right? There's nothing else that I can teach you what it is or
624:09 else that I can teach you what it is or how it really works. Like this is
624:11 how it really works. Like this is everything you need to know. Now,
624:14 everything you need to know. Now, there's a very fine line in between
624:16 there's a very fine line in between knowing what something is and how it
624:18 knowing what something is and how it works and how to master it and use it in
624:20 works and how to master it and use it in an every single day live real market
624:23 an every single day live real market example because by the time you're
624:24 example because by the time you're watching this video, the markets that
624:26 watching this video, the markets that you're seeing in these examples are
624:28 you're seeing in these examples are probably months old, weeks old, maybe
624:30 probably months old, weeks old, maybe even years old. Depends when you're
624:32 even years old. Depends when you're watching this video. But what isn't is
624:35 watching this video. But what isn't is these live calls that I do with my
624:36 these live calls that I do with my students where we're literally executing
624:38 students where we're literally executing the strategy and on very unique examples
624:41 the strategy and on very unique examples that are happening in the market every
624:43 that are happening in the market every single day. The market's never going to
624:45 single day. The market's never going to give you the exact same pattern. It's
624:47 give you the exact same pattern. It's going to be very similar. It's going to
624:48 going to be very similar. It's going to have a little bit of tweak here and
624:50 have a little bit of tweak here and there, and that's what I dedicate my new
624:53 there, and that's what I dedicate my new time to. It's getting these traders to
624:55 time to. It's getting these traders to the next level. Not only understanding
624:56 the next level. Not only understanding the markets and teaching them the what's
624:58 the markets and teaching them the what's the hows, but it's the exact points when
625:00 the hows, but it's the exact points when to execute it and when to not. And I
625:02 to execute it and when to not. And I made a very rookie mistake in my early
625:04 made a very rookie mistake in my early years of educating people. And that's
625:06 years of educating people. And that's why I took a very big break for a while.
625:08 why I took a very big break for a while. And that's that I pretty much just let
625:11 And that's that I pretty much just let everybody inside of my community. I let
625:13 everybody inside of my community. I let anybody that wanted to join and be part
625:15 anybody that wanted to join and be part of a winning community, I would just let
625:16 of a winning community, I would just let them in because I wanted to help
625:17 them in because I wanted to help everybody and anybody. But there was
625:19 everybody and anybody. But there was actually a problem, right? Because all
625:21 actually a problem, right? Because all different types of people would be
625:23 different types of people would be joining and just some people that didn't
625:25 joining and just some people that didn't really want to take it serious and
625:26 really want to take it serious and wanted to make this their their side
625:28 wanted to make this their their side thing. And if you're not ready to make
625:30 thing. And if you're not ready to make this your full-time thing, I really
625:32 this your full-time thing, I really don't want to be working with you
625:34 don't want to be working with you because it just simply takes away from
625:36 because it just simply takes away from other people that do and people that are
625:38 other people that do and people that are ready to dedicate all their time into
625:40 ready to dedicate all their time into this. So my my community is no longer
625:42 this. So my my community is no longer available to just anybody. It's the
625:43 available to just anybody. It's the people that are actually ready to be
625:45 people that are actually ready to be part of a circle that's going to be
625:47 part of a circle that's going to be executing this every single day. If
625:50 executing this every single day. If you're not ready to execute this every
625:51 you're not ready to execute this every single day, it's just simply not your
625:53 single day, it's just simply not your time. figure out a time when it's right
625:55 time. figure out a time when it's right for you because the last thing that you
625:57 for you because the last thing that you want to do is do something halfass and
626:00 want to do is do something halfass and then at the end of the day end up
626:01 then at the end of the day end up quitting because you never gave your
626:03 quitting because you never gave your 100%. Just don't even start if you're
626:05 100%. Just don't even start if you're not ready to do it. It's just it's just
626:07 not ready to do it. It's just it's just not meant to be. The timing needs to be
626:09 not meant to be. The timing needs to be right. You need to be ready to go
626:10 right. You need to be ready to go through these endless challenges and
626:12 through these endless challenges and this endless journey that trading is
626:13 this endless journey that trading is going to go. And my students lately have
626:17 going to go. And my students lately have been having the most insane results.
626:19 been having the most insane results. Like for example, you can literally take
626:20 Like for example, you can literally take Mike. Mike took $1,000 into $130,000
626:23 Mike. Mike took $1,000 into $130,000 while still working a full-time job
626:26 while still working a full-time job living in Canada. And you can take
626:28 living in Canada. And you can take Philillip, 22 years old, and he made
626:30 Philillip, 22 years old, and he made over $30,000. Look, I I'm I'm not even
626:32 over $30,000. Look, I I'm I'm not even going to just speak on this, right? I'm
626:34 going to just speak on this, right? I'm going to literally show you and let the
626:37 going to literally show you and let the results speak for themselves. I have
626:38 results speak for themselves. I have this I had, bro, I have so many
626:40 this I had, bro, I have so many testimonials of my students that I had
626:43 testimonials of my students that I had to go create a whole entire YouTube
626:45 to go create a whole entire YouTube channel just to upload the podcast in
626:47 channel just to upload the podcast in here. Like and these are just the ones
626:48 here. Like and these are just the ones that I end up making public, but I have
626:51 that I end up making public, but I have hundreds of podcasts with the thousands
626:53 hundreds of podcasts with the thousands of my students that are part of my
626:55 of my students that are part of my private community where I literally have
626:57 private community where I literally have to do this interview with them because I
626:59 to do this interview with them because I need to really understand what was that
627:02 need to really understand what was that took them from one point to another. Was
627:04 took them from one point to another. Was it the way how they actually executed
627:06 it the way how they actually executed the market structure? Was it the actual
627:08 the market structure? Was it the actual entry signal? Was it the full confluence
627:11 entry signal? Was it the full confluence trading and using my checklist? Was it
627:13 trading and using my checklist? Was it having me every single Sunday sharing
627:15 having me every single Sunday sharing the trades that I'm interested in taking
627:17 the trades that I'm interested in taking and they're just following these trades?
627:19 and they're just following these trades? I saw a pattern. I saw a pattern in
627:21 I saw a pattern. I saw a pattern in every single one of these students that
627:23 every single one of these students that I have done a podcast with and having
627:25 I have done a podcast with and having crazy results like making $180,000 in
627:28 crazy results like making $180,000 in two years, turning $100 into$10,000,
627:31 two years, turning $100 into$10,000, making $62,000 in three months. I
627:33 making $62,000 in three months. I remember this trader, he has a cannabis
627:35 remember this trader, he has a cannabis business, he's part of it with a
627:36 business, he's part of it with a partner, and he made an extra $62,000 in
627:39 partner, and he made an extra $62,000 in three months. this student, for example,
627:41 three months. this student, for example, where he made $120,000 in one single
627:44 where he made $120,000 in one single year. And I literally made a bet with
627:46 year. And I literally made a bet with him when we did our first podcast and we
627:48 him when we did our first podcast and we did our our part one of our podcast
627:50 did our our part one of our podcast right over here. And I told him that if
627:53 right over here. And I told him that if he came back a year later and he was
627:56 he came back a year later and he was more profitable than what he was, that I
627:57 more profitable than what he was, that I would give him $10,000. You can go watch
627:59 would give him $10,000. You can go watch this for yourselves. And I I literally
628:02 this for yourselves. And I I literally paid my students $10,000 because I
628:05 paid my students $10,000 because I wanted him to trade my funds. and we
628:07 wanted him to trade my funds. and we kind of have a little thing going on
628:08 kind of have a little thing going on where we do a profit split so on and so
628:11 where we do a profit split so on and so forth. The pattern that I saw in every
628:13 forth. The pattern that I saw in every single one of my students is they follow
628:17 single one of my students is they follow the strategy like if their life
628:19 the strategy like if their life dependent on it and they dedicated 100%
628:22 dependent on it and they dedicated 100% of their time to learning this strategy.
628:25 of their time to learning this strategy. Learning the strategy takes time, takes
628:28 Learning the strategy takes time, takes effort and most importantly you need to
628:30 effort and most importantly you need to prioritize this. Like if you need to
628:32 prioritize this. Like if you need to eat, sleep, breathe trading. And if if
628:35 eat, sleep, breathe trading. And if if you're that person and you're ready to
628:36 you're that person and you're ready to take on this journey, I have some new
628:39 take on this journey, I have some new spots that I'm opening to be part of my
628:41 spots that I'm opening to be part of my community. The link is in the
628:42 community. The link is in the description down below. You guys can go
628:43 description down below. You guys can go ahead and apply, right? You can't just
628:45 ahead and apply, right? You can't just join right now. Even if you wanted to,
628:46 join right now. Even if you wanted to, you have to be qualified to be part of
628:48 you have to be qualified to be part of my community. If if you don't qualify,
628:50 my community. If if you don't qualify, you know, you can you'll be able to talk
628:52 you know, you can you'll be able to talk to my team. My team will be like, "Hey,
628:54 to my team. My team will be like, "Hey, look, just let you know you're
628:55 look, just let you know you're qualified." Or, "Hey, look, you're not
628:56 qualified." Or, "Hey, look, you're not qualified for this reason. You should go
628:58 qualified for this reason. You should go work on this or you should go watch this
629:00 work on this or you should go watch this video first. After you finish watching
629:02 video first. After you finish watching this video, maybe come back and apply
629:03 this video, maybe come back and apply again." Right? We have a series of
629:04 again." Right? We have a series of questions that will be able to determine
629:07 questions that will be able to determine if you're the right fit to be part of
629:08 if you're the right fit to be part of this community or not. And just if
629:11 this community or not. And just if you're going to go apply and be a part
629:12 you're going to go apply and be a part of a students, be as truthful as you can
629:14 of a students, be as truthful as you can with the answers that you're going to
629:16 with the answers that you're going to answer because if you just answer
629:18 answer because if you just answer something with little to no effort, we
629:20 something with little to no effort, we we're just going to completely
629:21 we're just going to completely disqualify you and not even remotely
629:24 disqualify you and not even remotely have any interest in having you part of
629:26 have any interest in having you part of the community. We have people that not
629:28 the community. We have people that not only apply once, they apply twice, three
629:30 only apply once, they apply twice, three times, and they find multiple ways to
629:32 times, and they find multiple ways to get accepted. And trying to just find a
629:34 get accepted. And trying to just find a hack to get in, that's not going to
629:36 hack to get in, that's not going to work, right? Like my team goes through a
629:37 work, right? Like my team goes through a very strict process to accepting people
629:39 very strict process to accepting people to be part of my community. If I'm
629:41 to be part of my community. If I'm getting on a Zoom call with you on a
629:43 getting on a Zoom call with you on a one-on-one basis and I'm going to be
629:44 one-on-one basis and I'm going to be breaking down your trades, if we're
629:45 breaking down your trades, if we're going to be reviewing your trades, like
629:47 going to be reviewing your trades, like I want to make sure you're the right
629:48 I want to make sure you're the right person and you're worth my time, right?
629:50 person and you're worth my time, right? And just being fully honest, like I I
629:52 And just being fully honest, like I I don't need to teach more people. I need
629:54 don't need to teach more people. I need to teach the right people because my
629:56 to teach the right people because my goal is to have the most successful
629:57 goal is to have the most successful trading community and eventually build I
630:00 trading community and eventually build I want to build a trading floor and I have
630:02 want to build a trading floor and I have a lot more plans that I have in the
630:03 a lot more plans that I have in the future and I need the right people to be
630:05 future and I need the right people to be part of this circle for me. And if you
630:07 part of this circle for me. And if you care to be part of this community or it
630:09 care to be part of this community or it spikes your interest, once again the
630:11 spikes your interest, once again the link in the description is down below.
630:13 link in the description is down below. Read the application, watch the video
630:15 Read the application, watch the video before you watch the uh before you
630:17 before you watch the uh before you actually fill out the application so you
630:18 actually fill out the application so you understand what you're getting yourself
630:19 understand what you're getting yourself involved to. If you're not ready to give
630:21 involved to. If you're not ready to give your 100%, do not even remotely think
630:24 your 100%, do not even remotely think that this is the right time for you.
630:25 that this is the right time for you. Once you're ready, once you understand
630:27 Once you're ready, once you understand and you have a clear understanding and
630:28 and you have a clear understanding and you've seen this video maybe once or
630:30 you've seen this video maybe once or twice, then go ahead and hit that apply
630:32 twice, then go ahead and hit that apply button because we want to make sure that
630:33 button because we want to make sure that you're the right fit to be part of this
630:35 you're the right fit to be part of this community and we can actually take your
630:36 community and we can actually take your trading to the next level. And this is
630:38 trading to the next level. And this is somewhere where not only do I teach you
630:40 somewhere where not only do I teach you how to trade, but I teach you how to
630:41 how to trade, but I teach you how to trade from 0 to 100. So, I'll give you
630:44 trade from 0 to 100. So, I'll give you the exact full blueprint exactly what I
630:46 the exact full blueprint exactly what I have just shown you here, but a much
630:47 have just shown you here, but a much more defined version of it. You're also
630:50 more defined version of it. You're also going to be part of a winning community
630:51 going to be part of a winning community where there's going to be other
630:52 where there's going to be other successful traders inside of this
630:54 successful traders inside of this community that share the trades that
630:56 community that share the trades that they're taking every single day. I'm
630:57 they're taking every single day. I'm personally in there engaging as well.
630:59 personally in there engaging as well. You can ask questions directly to me
631:01 You can ask questions directly to me inside of this community. You have the
631:03 inside of this community. You have the famous Sunday swings where every single
631:05 famous Sunday swings where every single Sunday and once you join you're going to
631:07 Sunday and once you join you're going to see the recordings of all of the Sundays
631:09 see the recordings of all of the Sundays that I've been doing for the last three
631:11 that I've been doing for the last three years where it's over 150 something
631:14 years where it's over 150 something recordings of me literally predicting
631:16 recordings of me literally predicting the markets every single week and I am
631:19 the markets every single week and I am literally getting on a Zoom call every
631:21 literally getting on a Zoom call every single Sunday sharing with you the top
631:23 single Sunday sharing with you the top trades that I am interested in taking
631:25 trades that I am interested in taking for the week and why I am interested in
631:27 for the week and why I am interested in taking these markets because I'm
631:30 taking these markets because I'm literally explaining to you this market
631:32 literally explaining to you this market is good because of X Y and Z and this
631:34 is good because of X Y and Z and this market is bad because of X Y and Z. So
631:36 market is bad because of X Y and Z. So all of your efforts are on the right
631:38 all of your efforts are on the right market and you're going to execute the
631:40 market and you're going to execute the strategy on the right market. The
631:41 strategy on the right market. The pattern that I saw with these students
631:43 pattern that I saw with these students that led them to not only succeeding
631:45 that led them to not only succeeding because of the strategy is this because
631:47 because of the strategy is this because they are part of a winning circle and
631:49 they are part of a winning circle and they are currently following the proper
631:51 they are currently following the proper markets that they should be following.
631:53 markets that they should be following. And you can also get access for me to
631:55 And you can also get access for me to review your trades where you get to get
631:57 review your trades where you get to get on a one-on-one with me and I get to
631:59 on a one-on-one with me and I get to better understand why you're making
632:02 better understand why you're making certain mistakes on certain trades and
632:05 certain mistakes on certain trades and how we can actually fix that because
632:06 how we can actually fix that because everybody has different mistakes in
632:08 everybody has different mistakes in their journey and they're executing
632:09 their journey and they're executing things correctly in some areas but
632:11 things correctly in some areas but incorrectly in some areas. And since
632:13 incorrectly in some areas. And since you're by yourself in your office and
632:15 you're by yourself in your office and you don't have somebody there to correct
632:17 you don't have somebody there to correct you, maybe your family, your siblings,
632:19 you, maybe your family, your siblings, your cousin, they just don't understand
632:20 your cousin, they just don't understand what you're doing, they just simply
632:22 what you're doing, they just simply don't get it. and you need somebody that
632:23 don't get it. and you need somebody that not only knows how to do it, but has
632:25 not only knows how to do it, but has taught thousands of other people that
632:28 taught thousands of other people that know how to do it and have become very
632:29 know how to do it and have become very successful from it. So, if you think
632:31 successful from it. So, if you think this is the right fit for you, hit the
632:32 this is the right fit for you, hit the link in description down below. We would
632:34 link in description down below. We would love for you to be part of the community
632:35 love for you to be part of the community if it's the right fit for you. If not,
632:37 if it's the right fit for you. If not, check out some more videos. Get a little
632:38 check out some more videos. Get a little bit better understanding of how trading
632:40 bit better understanding of how trading works. Get a feel for it. Make some
632:42 works. Get a feel for it. Make some mistakes, make some money, lose some
632:44 mistakes, make some money, lose some money, get get that urge of view of
632:47 money, get get that urge of view of actually executing a trade out. And if
632:49 actually executing a trade out. And if it's something that you still want to
632:51 it's something that you still want to pursue and despite you getting beat up
632:53 pursue and despite you getting beat up sometimes and still something that you
632:54 sometimes and still something that you want to take on a challenge, come back
632:56 want to take on a challenge, come back and hit the apply button and we'll see
632:58 and hit the apply button and we'll see if you're ready to be part of the team.
633:00 if you're ready to be part of the team. If you watch the video all the way to
633:01 If you watch the video all the way to this point, all I want to say is that I
633:04 this point, all I want to say is that I truly wish I saw one of these videos
633:07 truly wish I saw one of these videos when I started my journey. I cannot
633:09 when I started my journey. I cannot stress to you how many videos I saw
633:11 stress to you how many videos I saw endlessly inside of YouTube just
633:13 endlessly inside of YouTube just searching the internet what certain
633:15 searching the internet what certain things were and how to piece everything
633:16 things were and how to piece everything together. And it was honestly just a
633:19 together. And it was honestly just a nightmare. And you know, looking back to
633:21 nightmare. And you know, looking back to it now, I don't regret my journey one
633:24 it now, I don't regret my journey one bit. And I definitely don't wish I had
633:26 bit. And I definitely don't wish I had it another way. But having a video like
633:28 it another way. But having a video like this and having a mentor like what I'm
633:29 this and having a mentor like what I'm doing now would have definitely
633:31 doing now would have definitely facilitated everything and would have
633:33 facilitated everything and would have saved me a lot of time. And maybe a
633:35 saved me a lot of time. And maybe a couple of my buddies that started this
633:37 couple of my buddies that started this journey with me, they would have not
633:38 journey with me, they would have not quit and they would have not made so
633:40 quit and they would have not made so many mistakes where it led them to
633:41 many mistakes where it led them to quitting because they just got
633:43 quitting because they just got overwhelmed and didn't see the the light
633:45 overwhelmed and didn't see the the light at the end of the tunnel. it didn't make
633:47 at the end of the tunnel. it didn't make sense for them to continue to push
633:49 sense for them to continue to push because there was just in their eyes
633:51 because there was just in their eyes there was just no real reward for the
633:53 there was just no real reward for the risk that they were taking. And you
633:55 risk that they were taking. And you know, you guys watching this video,
633:56 know, you guys watching this video, you're extremely fortunate and I I just
633:58 you're extremely fortunate and I I just want to say thank you for watching this
634:00 want to say thank you for watching this video to the end. If you guys have not
634:01 video to the end. If you guys have not hit that like and subscribe button, do
634:03 hit that like and subscribe button, do that at this very moment right now. Hit
634:05 that at this very moment right now. Hit that like and subscribe button. If
634:07 that like and subscribe button. If you're watching this video in the
634:08 you're watching this video in the future, you know, a couple month couple
634:10 future, you know, a couple month couple of months from when it got uploaded or
634:11 of months from when it got uploaded or even a couple of years from when it got
634:13 even a couple of years from when it got uploaded, all I can say is that you are
634:15 uploaded, all I can say is that you are not too late to get trade, like you're
634:17 not too late to get trade, like you're not too late to get involved in
634:19 not too late to get involved in anything. Whether it's just your first
634:21 anything. Whether it's just your first trade, whether it's a new strategy,
634:23 trade, whether it's a new strategy, whether it's just re-watching this
634:24 whether it's just re-watching this video, like the markets are not going to
634:26 video, like the markets are not going to go anywhere. As long as we have
634:28 go anywhere. As long as we have currencies around the world, we will
634:31 currencies around the world, we will have a market. Whether it is a digital
634:34 have a market. Whether it is a digital currency or whether it is a actual
634:36 currency or whether it is a actual currency, the markets will be there. The
634:38 currency, the markets will be there. The opportunity for you to make money is
634:40 opportunity for you to make money is going to be there. Don't get FOMO
634:42 going to be there. Don't get FOMO thinking, "Oh my god, I have been
634:44 thinking, "Oh my god, I have been wasting two years of my life at this job
634:46 wasting two years of my life at this job when I could have learned this or I
634:48 when I could have learned this or I could have been doing this instead of
634:49 could have been doing this instead of being at college." Don't get FOMO. Yes,
634:52 being at college." Don't get FOMO. Yes, did you miss out on opportunities? 100%.
634:55 did you miss out on opportunities? 100%. But a lot of people have made money from
634:56 But a lot of people have made money from the opportunities that have just passed
634:58 the opportunities that have just passed by. But that doesn't mean that there's
635:00 by. But that doesn't mean that there's not new opportunities coming into the
635:01 not new opportunities coming into the market. The markets are not going to go
635:04 market. The markets are not going to go anywhere. I always look forward to
635:06 anywhere. I always look forward to tomorrow and the opportunities of
635:08 tomorrow and the opportunities of tomorrow. I never look back at the
635:11 tomorrow. I never look back at the opportunities that I missed because I
635:13 opportunities that I missed because I wasn't part of that. It wasn't meant for
635:14 wasn't part of that. It wasn't meant for me. It just simply wasn't my time. And I
635:17 me. It just simply wasn't my time. And I know there will always be a tomorrow and
635:20 know there will always be a tomorrow and there will always be another
635:21 there will always be another opportunity. So, it's not too late to
635:23 opportunity. So, it's not too late to get started. And if you do get started,
635:25 get started. And if you do get started, don't try and catch up for lost time.
635:27 don't try and catch up for lost time. That is how you simply put yourself into
635:29 That is how you simply put yourself into a deeper hole that can be very very
635:32 a deeper hole that can be very very costly and very difficult to get out of.
635:34 costly and very difficult to get out of. So, hope you guys enjoyed this video.
635:36 So, hope you guys enjoyed this video. You guys once again have not hit that
635:37 You guys once again have not hit that like and subscribe button. Hit it. And
635:39 like and subscribe button. Hit it. And uh make sure to watch any other videos.
635:41 uh make sure to watch any other videos. If you want to be a student, apply down
635:42 If you want to be a student, apply down below. And I hope you guys enjoyed this
635:44 below. And I hope you guys enjoyed this video. I'll see you guys on the next
635:46 video. I'll see you guys on the next one. Take care, guys. Bye. Oh, oh, oh,
635:49 one. Take care, guys. Bye. Oh, oh, oh, oh, and by the way, by the way, most
635:51 oh, and by the way, by the way, most importantly, whenever in [ __ ] doubt,
635:55 importantly, whenever in [ __ ] doubt, set them for good voice. They care. See
635:58 set them for good voice. They care. See you.
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