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Boot Camp Day 4: Trends

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yo what's good welcome to boot camp I

believe day four now and today is going

to be another trading day Okay so

we talked about candlesticks and then we

had two talks on discipline hopefully

you guys learned something from that

hopefully you guys did your homework but

today we are going to be talking about

Trends we're just going to jump right

into it no reason for us to sit around

okay I have some notes on my phone so I

don't get lost in my own thoughts but

we'll just jump right in okay so Trends

within the market again you're probably

going to say oh my God this is recap I

know we have to cover these super basic

simple [ __ ] before do I have bed bugs

um no okay

um but before uh we actually get into

the difficult stuff like strategy and

actually executing okay

um because all of these little things

end up being like the the massive

umbrella over these small things that

you try and master you try and master

strategy you try and master execution

but you don't even know where the trends

going you can't even read a Candlestick

okay so how do you expect to perform in

the market if you don't understand these

simple things so with that being said

let's talk about Trends okay so the

first

first point that I want to talk about

why do we even care about the trend

because it dictates where the market is

going okay markets move off of momentum

okay so once once Market starts trending

okay odds are it's going to continue in

that direction okay so what even is a

trend in the first place okay

um a trend is literally it's it's almost

um you have a basketball on a flat

surface and you just push it right it's

going to roll and Roll and Roll and Roll

okay

um because of that momentum that's

pushing it Forward okay same thing with

Market okay when Market gets a little

push or a market structure shift it's

going to start trending okay so whoa

glitching this is why I need my PC which

is coming in like

three weeks but I ordered it and it's on

its way

um but anyways why do we care about the

TR the trend because it tells us exactly

where Market's going okay so the very

first thing that we need to understand

is how can we spot a trend within the

market and it's honestly one of the

easiest and one of the most simple

things

um taught in day trading okay so when

Market is trending higher okay we can do

this

that was terrible but

when Market is trending higher there we

go put a little cap on it

it moves in higher highs and higher lows

right

it'll look something like this just with

a bunch of little candlesticks in the

way and and we'll show real life

examples of this on charts but right

this is like a very simplified version

of a trend right this is a high this is

a low when it pushes past this High it

makes a new high that's higher than the

previous one and it makes a new low

that's higher than the previous one okay

so higher highs and higher lows right

just like that and it continues all the

way until it breaks its Trend okay

so same thing with the downtrend just

the exact opposite Okay so

for downtrends it is lower highs and

lower lows oops

that is honestly what a chart could look

like though shrink okay that was

terrible I had to do it with like my

other finger but because I don't have a

mouse yet okay so right downtrend very

similar we have a high right here then

we make a low right here let's say we

had a low here as well and we had low

right here right this low is lower than

this one this high is lower than this

one and it continues okay and it's

really easy to see these trends

what oh oops

it's really easy to well you guys got

the point

um it's really easy to see these Trends

within markets

okay

right if we just go to the Daily

right here

okay we see

or this is just a most more recent

breaking structure we can

we can highlight this one right here

okay

so right down over here

okay we have

boom

a high then a low boom what do we get a

higher high than a higher low then boom

what do we get a higher high a higher

low okay boom what do we get a higher

high a higher low

boom higher high higher low higher high

higher high now lower low because we

just surpassed this so what can we

assume that Market's going to do now

that it broke structure it's probably

going to flip its direction right let me

get all these drawings off of here so it

looks better but you can see that right

once we broke structure and changed

direction of the trend we continued that

for a while right and now that we just

broke structure odds are we're going to

start trending in the opposite direction

for a little bit okay so with this

understanding what what can this help us

do Trends give us the overall idea of

where Market is going is it exactly how

we're going to execute every single time

no right we we that's not how we're just

we're not just going to go okay once the

once the high gets pushed above we're

going to enter a trade right that's how

you can get stopped out there's there's

a bunch of problems with that and we

want to optimize our entry however the

trend is Pretty much telling us what

direction to place our trades in okay

because if Market is trending in One

Direction why in the world right if

Market is trending to the upside why in

the world would you try and take a trade

to the downside if the momentum is

pushing it to the upside wouldn't you

want to ride that wave wouldn't you want

to you know be be on right it's like

um it's like if you're in a car right if

you're in a car and you don't have a gas

or a brake pedal and you want to get to

and you want to get to a certain point

okay there's two there's two roads that

you can take uphill or down Hill okay

which which car are you going to get in

the one that's going uphill or downhill

if you want to get to the end of that

road

you're probably going to want to go

downhill right because the momentum will

just take you there instantly versus if

you try and go uphill you're not going

anywhere right it's very similar with

with trading and these Trends okay you

want to be able to

follow this wave okay follow the

momentum because that's where price is

going to go either way right there's no

reason to try and catch a retracement

because one you don't know how far or

how deep that retracement is like this

right here we had a very small logo

formed here and this we had a very big

low but the but the extension is always

the same the extension always goes past

the high right we see the high get

pushed through high get pushed through

high get pushed through high get pushed

through every single time high gets

pushed through

okay

so with that being said wouldn't it make

sense for us to follow that momentum

okay so that is our goal if you can

identify a trend okay which most of you

guys should most of you guys should be

able to do that because it's a fairly

um beginner

um beginner subject all right but you

want to follow these overarching Trends

okay and when I say overarching Trends

this is where it gets kind of tricky

because people get so caught up in all

these different time frames okay they

see different Trends on a bunch of

different time frames right there's

there could be there could be a hundred

different Trend switches and changes on

the 15 minute

over the course of this weekly uptrend

that we outlined right there's probably

way more than that there's probably like

a couple thousand different Trend

switches and changes within that Weekly

up uptrend on the 15-minute time frame

and that's where people go wrong a lot

of the times they get so caught up on

these small time frames saying oh the 15

minute broke structure

but but higher time frames hold higher

power if the four hour is saying no

we're bearish we're bearish right now

it's going to go lower and lower and

lower but the 15 minute just broke

structure why do we care about what the

15 minute is saying right we want to we

want to use the 15-minute in Confluence

with the with the higher Trend so right

if the four hour if the daily if the

weekly is telling us that market is

going to go down in the 15 minutes

telling us Market's going to go up why

don't we just wait for the 15 minute to

tell us okay Market's going to go down

now

right that would make sense because then

we can follow the trend of the market

okay and then also scale down to the

shorter term time frames right because

we know that these high time frames are

going to push price in that direction

but we want an optimize entry right

that's what I was just talking about we

want to go on these lower time frames

and be able to catch the large High time

frame Trend moves but with an optimized

entry Okay so

that is why Trends are so important they

they literally help optimize your entry

and help push price in the direction

that you want price to go right going

against the trend is never smart and

this has honestly been one of my one of

my biggest struggles and issues in

trading is trading against the trend and

trading against my bias I'm very good at

being able to spot okay this is where

Market wants to go

um you know like this is I know where

Market wants to go on a high time frame

it's pretty easy to spot however when I

get onto these smaller time frames I'm

like oh wait wait a second this could be

a little liquidity sweep and then a

retracement but that's the issue right

we can't be trading off of retracements

we have to be trading off of

um we have we have to be trading off of

[ __ ] what we

we have to be trading off of momentum

I'm sorry I just space the [ __ ] out for

a second okay so trade with the trend

the trend is your friend I know it's I

know it's stupid but it's very very true

okay the trend is your friend and you're

probably going to say well wait tjr I

thought you trade off of liquidity

sweeps I thought you trade off of Trends

changing yes we do but on Lower time

frames right we trade off of that on

Lower time frame so if we see a

liquidity sweep and if we see like a

liquidity sweep on the 30 minute time

frame

and then a break of structure to the

downside on the five minute time frame

in the four hour and the daily are

saying bear bear bear bear that's great

that's perfect that means that we just

caught the top of a of the next leg down

okay that's why we trade the that's why

I trade the way that I do okay so now

that we understand how to read a trend

how to spot them right it's literally

just higher highs and higher lows and uh

the next trading video will will jump

into break of structure because that's

going to be huge okay I might even do

two trading videos on that because

people do seem to get confused on it

which is pretty interesting because it

is a fairly fairly simple concept to

grasp but I do want to make sure people

cover people understand it because it's

it is very very important when

understanding these markets and how they

move and how structure shifts and how

transform and how you know just markets

are moving in general okay

um so the trend is your friend trade

with the trend right obviously it's hard

for me to say at this point in the boot

camp it's hard for me to be like

yeah the downtrend it's it's hard for me

to tell you like exactly where and when

to execute because we don't have all the

pieces yet right this is just giving

an overall umbrella right find that

overall umbrella and in again we need to

start on these main overarching themes

to get to get lower and lower and lower

and more exact so we can be able to

master these small precise things within

price action but we have to understand

the basics first okay so right what what

have we learned so far we know how to

identify a trend literally higher highs

higher lows lower highs lower lows okay

there is another way that market trends

and this just reminded me of it it's

through consolidation okay there's three

different ways that Market Market moves

okay it's either through Trends or just

consolidation right look at this

within here right okay we we see a

higher high and then we see a higher low

but right like this is not a trend

when do we know that Market's trending

if it if it continued higher like this

right but no it just stayed like this

stat it was static stagnant didn't make

a move until boom right here what

happens okay we're making highs

before before this break

we were going higher and higher right

then we chop it up boom we break we

break the floor we break the low we

change Market structure and and you'll

you'll understand that when we get to

the break of structure and Market

structure portion but we break the low

and then what happens okay we have high

right here low right here high right

here boom Market structure shift

right now what are we in we're in a

downtrend okay so what can we assume

that Gold's going to do right we came

back up here

high low lower high lower low lower high

what's next

probably a lower low targeting this area

of liquidity which we will get into

eventually

right but again see how we just see how

I was able to just take a very simple

overarching subject and

literally like

this is you like this is

some of you could be trading like this

and be profitable

you don't believe me [ __ ] try it some

of you guys can trade this ideally right

we don't trade this way so we get more

optimized entries right so we can have

tighter stop losses right so we can get

higher risk reward trades

but some of you guys can trade like this

if the [ __ ] that I trade if the [ __ ]

that I teach doesn't make sense to you

you can still do the basics

okay you can still do the basics

all right so

there we go we we know how to identify a

trend okay we know that it shifts

momentum within the market it shifts

Market structure okay and and it tells

us the direction that market wants to go

okay we cannot be caught up notice how

when I identified that Trend again that

trend is is on like the 30 minute

okay but but it's following it's

following

the daily Trend right we have boom High

lower high we have a low right here and

another lower high and then boom

lower low another lower high lower low

probably in the process of forming

another lower high just to form another

lower low right the daily is telling us

lower lower lower lower lower lower

perfect so when we scale down onto onto

a smaller time frame we can say okay

where does price want to go we know on

the high time frame it wants to go down

we're on a small time frame wouldn't it

make sense for us to want to catch you

know the big massive wave and not these

little Ticky tacks to the upside right

we would want to find something that's

going down

right to continue that daily trend

right so how are we how are we going to

do that

right literally literally just finding

shorts finding shorts on a short on a

small time frame and we'll get there

we'll get to the point where we can

where we can execute we're not there yet

okay because we just started and and

hopefully you guys can be patient with

this but trust me this will benefit you

if you because I I see so many people

there's a reason why you're losing in

these markets guys there's a reason why

you're losing every [ __ ] day because

you're not taking these basic simple

very very important strategies not even

strategies just Concepts you're you're

throwing them out you're you're going

You're Going completely off of liquidity

so you break off structure must enter

there's a liquidity sweep and break if I

could go on the one minute time frame

and find a million liquidity sweeps and

breaks up breaks of structure

all throughout in here all in here

all in here

I could I could do that a million times

within this

right some of you guys are entering off

of these little Ticky tack things and

it's like no

no that isn't going to get you winning

trades that's not going to get you high

probability trades what do you think is

more high probability

taking a liquidity sweep and a breakup

structure off of purely five minute

price action off of purely a five minute

Trend and maybe like the help and the

Confluence of the hourly

understanding where price wants to go

long term maybe on the four hour or the

daily at least right because we're

working with intraday price action

at least nowhere that where where we're

going for the day

right because if you don't know where

price wants to go for the day you're

going to lose if you cannot understand

where price wants to go for that single

day and you are trading intraday trades

if you are if most of your trades last a

couple hours if not a couple minutes you

need to know where the where price wants

to go on the day okay and that's and

that's where understanding and knowing

the trend matters

okay you have to be able to understand

that

okay user use your Trend to your

advantage okay when looking for small

time frame trades that's what I had

written down okay let's see if I missed

anything

um where is the market going we

understand that right literally just by

reading the trend and all guys like

something something that really helped

when I was first learning this look

simplifies the [ __ ] out of it

where's Mark Young high low high low

higher high higher low higher high

higher low higher high higher low higher

lot right

oh we get a trend shift right high low

oops let me let me remove this

right we see high low lower high lower

low lower high lower low lower high not

a lower low

okay we push a little bit higher

continue right and when that happens

right what can we assume

it's just retracement on a higher time

frame

now what's this high low lower high

lower low okay right we're understanding

okay and then boom right what happens

High gets pushed above now what higher

higher low higher high big dive okay use

use the the line chart to your advantage

okay like if we're looking at the 15

we scale down into this

can tell you right doesn't this look a

lot simpler

to be honest some of you guys really

should be using this

right this this makes this [ __ ] so much

easier

right oh we're looking for it to hit

equilibrium let's not get caught up in

all the candlesticks okay perfect we're

we're in a premium right now now what

are we looking for

okay we're looking for a trend shift

on the five minute

okay or the 15 minute whatever you want

okay we're just waiting

for these lows to get pushed pushed down

below

right we're doing this we're chopping up

we're consolidating right now because

this was from Friday right Market just

ended it needs some volume to come in

um today because today is Sunday uh

during the Asian session or sorry yeah

during Asian session in London session

and then once New York session kicks in

we'll be able to understand where price

wants to go from there

but some of you guys could really

benefit from taking out the color of the

candlesticks okay and just identifying

right where where is Price going

super easy just to zoom out

on a high time frame and just look

where was Market going down

so so why in the world would you want to

look for longs in this

we're looking for shorts notice how

right the moves the moves higher are

always smaller than the moves lower the

moves higher are always smaller than the

moves lower

if you measure it in every single Trend

because that's how Trend works right

that's how Trends work

lower highs lower lows

the lows are always lower than the

previous ones the highs are always lower

than the previous highs the highs are

not going higher in a downtrend and same

thing with an uptrend right in an

uptrend the lows are not going lower

than the previous lows it's higher highs

and higher lows so why are we trying to

trade the opposite things

move with the momentum move with the

trend and you will be able to catch

bigger Longer higher time frame moves on

a smaller time frame

okay that is what this is all about okay

this is this was a very very simple

exercise and very simple thing but

hopefully you guys learn from this and

please do not forget it because I know I

forget it occasionally and that's when

that's when I lose trades that's when I

[ __ ] up okay and my biggest thing my

biggest recovery from

from you know like having like a losing

week my losing week was because I was

getting so caught up in the small time

frames I was not looking at the high

time frames I I was I didn't even care

where the higher time frames wanted to

I didn't care at all

okay

but that was my issue okay the second

that I can start understanding okay the

higher time frame wants to do this how

can I find an optimized entry

to to ride that next wave that comes

down right to ride that next boom

[ __ ] dump waterfall down

when can I get that next okay that's

that's how you can get those good

high-risk reward high quality high

probability trades okay so do not take

these early lessons lightly I know I

know you guys really want to jump right

into the strategy but trust me the

strategy is purely a step-by-step plan

on how to execute if you can't

understand this if you can't understand

what price is telling you through

candlesticks

what makes you think that you will know

when when to enter a trade

if you don't even know where the

Market's going in the first place

because the step-by-step rule all those

steps those can be applied in either

direction high or low

or going higher going lower

right I could find a trade in both

directions using that strategy on the

same [ __ ] on the same move

right it's understanding where the

market wants to go though

you have to understand where Market

wants to go okay trade with the

direction of the market because the

market isn't going to move for you right

we see people blowing on their screens

please go higher please go higher please

Bowl please Bowl

right

like the market isn't going to listen to

you it's going to do what it wants and

it's going to follow its own path Okay

with that being said homework for today

I literally just want you guys to go on

whatever pair you use and identify for

this upcoming trading week okay because

this is going to be posted on Monday

all right identify for this upcoming

trading week where you think price is

going to go okay make in make a

prediction okay based off of what you

know what you know currently or or just

the bare minimum that you've learned so

far from this course okay identify where

PR where you think price wants to go for

the week

okay and then after that

scale down to a lower time frame and

then identify okay right so you're going

to start off where does price want to go

for the week

okay make that prediction write it down

please Journal this

write down where you think price is

going to go choose just one or two pairs

okay it can be either be the S P 500

gold GJ gu whatever you want

okay just identify where you think price

wants to go for the week

okay and then once you do that once you

identify this is where price wants to go

for the week cool

once you do that scale down to the Daily

then say okay where where is Price going

to go in the next couple days because

you can make an accurate prediction on

the week but does that mean you'll

you'll be able to be accurate on these

lower time frames you know

Okay so

where does one skill in the week where

is the draw of liquidity and we'll talk

about that sooner or later okay

eventually right

we just need to cover these super simple

things first okay where does price want

to go in the week where does price want

to go in the next couple days and then

where does price want to go today where

is Price going to go today

and then if you are capable if you

already know my strategy if you already

know how to trade draft up a trade based

off of those biases and it only has to

be just one trade okay right where do

you think price is going to go for the

week perfect do you understand that bias

now where is Price going to go the next

couple days perfect do you understand

that bias okay where is Price going

currently

where's price going currently right

everything on gold says it's going to go

down but currently price is going up so

what's it giving us an opportunity to do

find an area in which we can go short

okay so we're going to look for an

opportunity

to predict to project where price wants

to go I don't even want you to draft up

a trade I don't want you to have a stop

loss I don't even want you to set up

this position thing on it I literally

just want you

to use the forecast tool drag it from

wherever price is at right now and show

where price wants to go

just like that

just like that and it's okay if price

goes a little bit higher and then

fulfills your your targets okay because

at least you knew where price wanted to

go right the execution will come later

and we'll talk about when we know when

price is going to change direction in

the market but this is a great step and

this is a great learning point okay do

this on one or two pairs right choose

whatever your favorite two pairs are or

if you only trade one pair only do it on

that one if you trade three pairs only

do it on two of them and throw the third

one out okay you only need to be focused

on one or two pairs this entire boot

boot camp what makes you think you can

understand multiple asset classes if

you're already losing on 10 of them

okay if you're losing on every single

one of them wouldn't it make sense for

you to try and slow it down to try and

simmer down right and try and focus on

just one of them first instead of trying

to study 10 or 20.

it probably would make sense

okay so that being said let's get to

work all right do your homework I I I

um advise you guys to experiment with a

line chart to help um understand

direction right because it's really easy

just to scale back

on these higher time frames and and

literally just look where is Price going

right four hour

where where is prize going it's going

[ __ ] down okay over here where is

Price going it's going [ __ ] up okay

where is pricing going it's going down

okay where is Price going it's going up

right very easy right you don't even

have to you don't even have to get all

up in your head where's the higher

higher higher low just look look where

is Market going

right it's as simple as that and we'll

get to execution later okay so with that

being said get your [ __ ] homework

done right after you watch watch this

video okay make sure you make sure you

keep trying to master your mind make

sure you keep trying to improve okay and

if you're watching this video I already

know you're trying to improve so that's

good good for you keep after it stay

strong let's get this [ __ ] all right

peace out I'll see you guys tomorrow

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YouTube Transcript:
Boot Camp Day 4: Trends