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pairs of choice I think the
Discord group will help a lot
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you can easily do the swing
trading and just trade off the
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are you if you don't want to
stick to the intraday trading
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the back of your head Anyways
guys take care and we'll see
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just write it down on paper and
keep it with you every time
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breakdown or some kind of
weekly analysis so yeah guys
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know, never keeping something
above 1% trade on a funded
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want to keep the Discord group
as active as possible and you
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obviously you can risk more
that's up to you are you
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is my personal trading plan
that I've compiled over the
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consider these Points. Uh are
you a risk trader or
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The biggest thing that I'm
going to say is you might
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reason. So throughout the
series of videos that I've
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know where everyone can
interact you know we're
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bond markets, yields,
everything like that. So this
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William percent R is just
understanding is my point of
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will depend on your timing as
well and also how risk averse
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going to have weekly calls as
well whether it's a fundamental
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with that because you'll see
you know how everyone how
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done all of the technicals and
the fundamentals as well. Just
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confirmation trader? Uh what's
your risk management plan
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everyone is with their currency
pairs and everything because I
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through a series of back
testing and time on the charts.
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is it going to be an inducement
you know these different types
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choices you have to make
personally once you also
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it's like a checklist so you've
always got to keep that in in
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your trading plan once you're
done with it print it out or
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consider these points and
number four main entry to be
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course of my development.
Discovering what best suits me
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four hour of the daily for
example and then your currency
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of my optimum entries so this
is the diagrams that I drew up
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terms of confirmations many
people say ah don't enter
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you're not even at a point of
interest don't enter there it's
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pairs. If it's CAD for example
I would look at oil. If it's
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what price is done with it.
Then Wykoff as well. This will
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on the charts. The more time
that you're on there and
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not meant to be in that trade
for example. When I see that
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account. You know on your
smaller accounts for example
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always got to be at a point of
interest and then remember at
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you have less losing trades. I
really do understand when I'm
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everyone might have the perfect
plan but it all comes to time
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more winning trades because you
still got the same strategy but
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So especially I use if I'm
doing Euro USD I look at the
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know understanding have we got
a breaker structure for example
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that time but are you going to
be be an expecting a reversal
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here is currency correlations
and index correlations as well.
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understanding price movements
it's not that you might have
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taught you. Every you know I've
taught everything that's
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essential in the way that I
trade. Yet there are still some
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complete the fundamental
course. So you know once you've
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something's wrong there when
it's invalidating for some
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obviously AXY as well. It's
going to be more that we're
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if I get to points of interest
I can look for divergences some
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there's their own are. Me
personally I've got these
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confirmation entry links to
that optimum entry as well you
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going to explore in
fundamentals when we look at
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DXY and the EXY. Like I said
before go back to that lesson
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before and what I like to see
in terms of price action
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within the high time frame
point of interest never never
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either want to be in London or
New York session and then the
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interest valid in a way. One
other thing I wanted to add
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of scenarios then Have we taken
any liquidity? Are we doing a
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Australia I'd look at gold. I'd
look at iron ore. Um and
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down. So it's that
understanding of liquidity and
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be an added confirmation
especially on the lower time
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you're looking at the chart see
if your if your trading plan is
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price is just flowing downwards
or upwards you just have to
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present pullbacks to take
profits at suitable errors in
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for sure. Um then if we're
looking at commodity based
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present any reversals and see
how it if it raids Asian
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fundamentals supports bias
that's the first main one then
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coming down in the middle of
random price action where
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you've had most of the week
most of the week has progressed
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the end of the day that the
currencies will most likely
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in New York maybe on a
Wednesday for example when
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trading intra day or swing
trade in now this obviously
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never if you see a or you know
some kind of breaker structure
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looking like? I would say stick
to what I taught as well. You
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New York reversal depending on
the time of week so when I say
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end of the week see how it went
see what percentage you
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increase your account by what
you lost and everything like
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liquidity so if we start see
the London fake out for example
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without confirmations but they
never really explain what
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look at is the time and price
observe what happen during
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stop run? Are we taking stop
losses and then coming back
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Uh personally I use Telegram as
a way of keeping it like a
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refer back to that lesson what
I'm talking about is if we're
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frame. Optimum time of the day
so of course we've looked I
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either a New York retracement
to lead to a continuation or a
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then I understand okay now I
might have an idea of where
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see what scenarios played out.
So you can do this in two ways.
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everything I do on there. Um
nowadays it's more on Excel as
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that so when it comes to my
daily plan so first thing I
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journal especially in the
beginning I added almost
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already so now you can expect
some kind of reversal around
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you get into that day and you
get to your point of interest.
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Asian Asian session any ranges
or liquidity wait for London to
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can consider a New York
reversal at that time because
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That's when I refine even
further down. So keep this
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analysis stored so you can look
back at the end of the week and
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well. So you can use an Excel
sheet you know you upload your
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analysis on there put your
potential areas and then at the
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on a Thursday New York session
is getting towards the end you
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are we in discount everything
like that number three look for
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frame and understand where are
we at that are we in premium
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price is going but of course
always refer to the higher time
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that but it's kind of pointless
at that time. It's more when
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interest relative to the data
releases. Uh then Of course
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consolidation? Are we trending?
So what's the market structure
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prepare my points of interest
and I refine candles usually on
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complete your analysis on your
chosen pairs and instruments.
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Uh note fundamentals on the
screen. Identify liquidity. So
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these are the main things.
Liquidity is the first thing I
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like? Are we in a downtrend?
Are we in an uptrend? Then I
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a weekly tavern down to the 15
minute. Sometimes even than
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positively that means EU is
going to go down for example.
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identify. Voids as well. Ranges
as in are we in a
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And that's where I need to
understand my points of
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myself for both scenarios. If I
know that it's going to react
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DXY going to react positively
or negatively? Then I prepare
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possibilities. It can even go
up or it can go down. What is
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in terms of the reading? So
what's the effect of that? Is
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effect on the market so what I
mean by this is let's just say
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ways. I'm going to say okay
I've got there's two
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week ahead time ins dates
etcetera as well as possible
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and you know where fundamentals
are taking you then you know
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in on the technicals once you
know your points of interest
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for example CPI date is coming
out on a Wednesday or a
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market you know prices for
consumers. Uh I can take it two
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where you're going secondly I
note down key events for the
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Thursday whether this is a
measure of inflation on the
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probably going to be the most
important bit because getting
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directional bias. This is
something that we're going to
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and the daily plan. In terms of
weekly, number one, I always
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trading plan, I split it in two
ways. I go for the weekly plan
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read upon fundamentals, take
notes and understand the
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own time and preferences
really. So, when it comes to my
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go in depth with in the next
part of the course. Um but it's
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the same. Just how you adapt
yourself and adapt it to your
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especially in terms of the
technical strategy but this is
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some of you you know have full
time jobs for examples and you
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you know I've spoken to a bunch
of you guys and I realise that
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confirmation trades so you're
going to have to have a
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slightly different style of
trading but in a way it's all
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can't really trade on a lower
time frame wait for the
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something that you're going to
have to solidify for yourself
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conclusion of pretty much
everything that I've gone
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everything that you've learnt
from my course you know you can
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through and pretty much your my
trading plan but also how
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you're going to adapt your own
trading plan now from
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understand how we trade what we
trade what we use as well
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Yes hello everyone welcome to
probably the most important
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video that we've gone through
so far it's just going to be a
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you in the next video.
14338
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