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hey what's going on guys hope you're
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doing really well so i'm gonna go
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through this case study trade on au
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which was i believe it was around two
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weeks ago um
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and i want to go through it because
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there's a
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you know there's a lesson to be learned
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and it's a very clean sort of entry and
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it's
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as you know it's my go-to sort of setup
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and continuation trade
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okay so we're on the
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hourly time frame and
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the first thing to point out would be
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we had a clear impulsive move up
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that's broken structure above this high
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so
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prior to this
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we had a push down
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and we had this up close candle
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price impulsed through that and wicked
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wicked above it so we wicked that high
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we then pulled back and we broke
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structure and we put in a new high high
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and we have a new higher low which is
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here
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okay so if i just
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hide this
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um
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i just hide
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that what we could see is
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you know we have a clear
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candle that's broken structure with
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momentum
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so the candle we would be looking at as
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the order block would be this one here
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but what we can do is refine on lower
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time frames if needed and
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you know we always know that when we
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have a wick like this
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that there's always something within
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that
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and
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it happens to be that on the 15 minute
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time frame there was a bit of liquidity
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um
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just below these lows here
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and
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you know price swept that liquidity and
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we came in you can see quite
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aggressively
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so that's also why you know i wasn't
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looking at this area here and i'm also
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looking
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looking at this wick here and then
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looking to get along
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from this area
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and as this is a continuation trade the
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very first target that we're looking at
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is always going to be you know that
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the highest point so the high high
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and you can see price
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met that high and then
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what we're expecting is you know
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manipulation so for price to reverse
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which done so
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in the form of you know tapping into
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this candle here
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so we have a sort of a sub break of
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structure from this higher we
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we hit that higher there we wic above it
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tap back
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and then we actually went higher okay
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and the reason why we see this large
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candle which was it was news but the
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reason is is basically to liquidate all
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of these
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these moves here so these these higher
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lows and you know
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essentially this move that caused
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the overall break of structure to the
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new high high um
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so yeah it's you know the news just just
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helps to move price
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take liquidity from anyone
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with stop losses at these lows and you
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know from where this move actually
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started that calls the breaker structure
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okay so
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let me just take it back to
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to there
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and what i'm also looking for is
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you know one once
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demand forms
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has it tapped into supply or has it
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mitigated or you know failed supply
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so what we can see from
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this here we have it you know the last
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up close candle
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because price pushed down
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we put in a new lower low so we've
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broken structure
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and
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you know we've done so leaving imbalance
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and you know we broke with momentum
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okay so what we can see
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is
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once price broke struck to the upside
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we actually come in to mitigate this
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supply zone and we actually
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broke above it
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so you could say you know supply failed
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that created demand
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okay so it gives this
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demand zone a lot more
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or a higher probability of playing out
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um
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so yeah let me get into the 15 we can
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delete that off now
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15 minute time frame
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we can see that break of structure
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that i had zoned out and you can also
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see
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we have this down close candle here but
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we have the wick as i mentioned so these
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lows
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here we have liquidity
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and you can see price came in quite
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momentously into that wick took
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liquidity from them lows
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and
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if we get into the one minute
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i did sell as i'm always saying i'm not
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looking to buy until price shows me it
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wants to go up
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just because it comes into the area it
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doesn't need to go okay
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so if we just go left here
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we can see
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oh that looks messy hold on
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so we can see
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zooming right in all of these lows we
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have liquidity we can delete that off
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and
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you know there would be a lot of people
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looking to get along from this area here
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uh but then price you know we left some
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imbalance on the one minute
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so we broke structure here
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and price didn't didn't come back into
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these levels
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and even down here we have this you know
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visible candle
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which is important but what i'm looking
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at more so is the these
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these lows here for price to come down
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to seek liquidity
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okay
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so if we
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go into the first entry
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and i get into some more entries that
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could have been taken
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so
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once price pushed down we broke
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structure here pulled back lower low
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so we have an area here
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which would be you know the first entry
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which didn't actually get tagged in
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um
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and then you know we pull back we put in
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a lower low
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and as i'm always saying you know i like
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to see
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a clean break and you can see we've
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broken that low
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you know very
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very very aggressively
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and
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we have this little range you know one
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two three candles
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and
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either candle or you know taking a whole
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range is you know
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there's no right or wrong but i just
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took this last up close candle
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and set my entry you know at the bottom
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of that order block
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stop loss
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i did go a little bit wider
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just because i was
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looking at this area i think in price
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may just
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may just take this higher come into that
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area and then go so i went with three
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pips rather than
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you know two pips but two pips would
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have been fine either way
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and then yeah tap them and
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so this is the lower low that's the
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lower high
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and what i'm looking at next
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is marking this low on
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and you can see the move that actually
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broke
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that low
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was this
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these two candles here
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so we can mark that on
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so the order the valid order block would
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be this last up close candle
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and
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that's gone a different color
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but yeah the order block is this last up
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close candle
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and the reason is because this move here
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is what caused the break of structure
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from the most recent lower low
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we tap in
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and i did not take these trades
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um
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no real reason why but i just didn't
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take these trades i took this one here
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but i'm just showing you you know the
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potential that we have
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if you're looking to be really
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aggressive with these entries
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okay so if we move on what we can see
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next is
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we would have got tapped in there and we
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broke structure again
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so i'm sure you can see it but we
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actually put in a little lower low
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and we have the last up close candle
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which would be here
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and
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maybe you didn't get tacked into this
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one yeah you wouldn't have but you know
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we pushed back to
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rebalance that sort of inefficiency
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and i'm just going to delete that off
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because i don't want to get it too messy
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but yes you you've got one entry two
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[Music]
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three a good four entries and two of
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them probably not tagging you in
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but you know what we're seeing is clear
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bearish order flow coming into the
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higher time frames
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and
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once we start coming into these levels
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here
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we are looking long
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but we don't necessarily need to be
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switching bias until price shows us that
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he wants to go long
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so the thought process coming in so once
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we first tap into the higher time frame
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area
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what i've got marked on
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is
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the most recent supply zone
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okay
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so i'm looking
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at
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this as a new lower low and we have the
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last up close candle here
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and
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although price didn't really fail supply
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we did mitigate so
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firstly what what i'm gonna go through
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quickly is this aggressive entry down
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here
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okay so i didn't take this entry down
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here but
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the reason why this is classed
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aggressive in my opinion
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is because we have a lower low
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and
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we have a lower high
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price pulls back comes down but it
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doesn't really
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it closes below but it's not really a
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convincing swing point
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and
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you know bearish order flow is still
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intact we have this area up here
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we do push up and you could argue that's
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a break of structure there it is a break
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of structure
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uh but it's more of an aggressive one
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because we didn't really get a push down
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and a very convincing lower low
294
00:10:48,000 --> 00:10:50,160
but you know we push up brake structure
295
00:10:50,160 --> 00:10:52,079
we tap back into that last down close
296
00:10:52,079 --> 00:10:54,959
candle mitigate and then we continue
297
00:10:54,959 --> 00:10:57,120
okay but i didn't take that trade and
298
00:10:57,120 --> 00:10:58,560
i'll tell you tell you the one i did
299
00:10:58,560 --> 00:11:01,680
take so we once we come in
300
00:11:01,680 --> 00:11:03,920
to mitigate we also have intent for
301
00:11:03,920 --> 00:11:05,920
higher prices
302
00:11:05,920 --> 00:11:08,880
so what i mean by that is
303
00:11:08,880 --> 00:11:10,480
price has failed to put in a new level
304
00:11:10,480 --> 00:11:12,720
low and instead we broke structure to
305
00:11:12,720 --> 00:11:15,360
the upside
306
00:11:15,360 --> 00:11:17,200
right so
307
00:11:17,200 --> 00:11:18,560
that's showing me
308
00:11:18,560 --> 00:11:19,680
that
309
00:11:19,680 --> 00:11:20,720
sellers
310
00:11:20,720 --> 00:11:23,120
you know that they failed to put bring
311
00:11:23,120 --> 00:11:25,040
price lower
312
00:11:25,040 --> 00:11:28,560
and actually put in a new lower low and
313
00:11:28,560 --> 00:11:30,560
instead what what's happened is we've
314
00:11:30,560 --> 00:11:32,079
actually pushed up
315
00:11:32,079 --> 00:11:34,240
we've mitigated that supply zone
316
00:11:34,240 --> 00:11:36,079
so price could definitely
317
00:11:36,079 --> 00:11:38,000
continue down
318
00:11:38,000 --> 00:11:38,800
but
319
00:11:38,800 --> 00:11:41,279
we need to look at what's happening so
320
00:11:41,279 --> 00:11:42,959
we have a move here
321
00:11:42,959 --> 00:11:44,880
so we push up
322
00:11:44,880 --> 00:11:46,560
and we have a little range so we have
323
00:11:46,560 --> 00:11:49,040
one two three candles
324
00:11:49,040 --> 00:11:51,200
so a little pausing price and then we
325
00:11:51,200 --> 00:11:53,600
actually break structure
326
00:11:53,600 --> 00:11:56,079
above this higher here so that that's
327
00:11:56,079 --> 00:11:57,680
where the move started that caused the
328
00:11:57,680 --> 00:12:00,240
break of structure not down here
329
00:12:00,240 --> 00:12:01,760
although although you could wait for
330
00:12:01,760 --> 00:12:02,560
this
331
00:12:02,560 --> 00:12:04,000
price doesn't need to come back down to
332
00:12:04,000 --> 00:12:05,519
here because
333
00:12:05,519 --> 00:12:07,680
the move that caused the brake was you
334
00:12:07,680 --> 00:12:12,639
know this range so range initiation out
335
00:12:12,639 --> 00:12:15,120
mitigation and then continuation
336
00:12:15,120 --> 00:12:16,639
okay so i took the last down closed
337
00:12:16,639 --> 00:12:17,600
candle
338
00:12:17,600 --> 00:12:19,600
got tagged in
339
00:12:19,600 --> 00:12:21,200
there
340
00:12:21,200 --> 00:12:22,800
also we've had a mitigation of the
341
00:12:22,800 --> 00:12:26,399
supply zone so it's likely you know
342
00:12:26,399 --> 00:12:30,000
demand created supply supply mitigated
343
00:12:30,000 --> 00:12:31,839
and we can now expect
344
00:12:31,839 --> 00:12:33,760
continuation
345
00:12:33,760 --> 00:12:36,240
or you know anticipate never expect we
346
00:12:36,240 --> 00:12:38,160
want to just react and you know
347
00:12:38,160 --> 00:12:39,839
anticipate
348
00:12:39,839 --> 00:12:42,480
okay so if i
349
00:12:42,480 --> 00:12:44,399
carry on i got tagged in so i'm in this
350
00:12:44,399 --> 00:12:45,279
trade
351
00:12:45,279 --> 00:12:48,000
and the next sort of entry
352
00:12:48,000 --> 00:12:49,920
that you could be looking at
353
00:12:49,920 --> 00:12:52,800
which could be
354
00:12:52,800 --> 00:12:54,480
you know it could be
355
00:12:54,480 --> 00:12:57,279
a higher probability because
356
00:12:57,279 --> 00:12:58,399
we actually
357
00:12:58,399 --> 00:13:01,279
this move here is the move that actually
358
00:13:01,279 --> 00:13:02,880
failed supply
359
00:13:02,880 --> 00:13:05,040
and it created demand
360
00:13:05,040 --> 00:13:06,639
okay so
361
00:13:06,639 --> 00:13:09,120
we pull back we break structure
362
00:13:09,120 --> 00:13:11,040
we break supply and we have the last
363
00:13:11,040 --> 00:13:13,120
down close
364
00:13:13,120 --> 00:13:16,399
candle we tap back into it
365
00:13:16,399 --> 00:13:20,160
and you would have been tagged in here
366
00:13:20,160 --> 00:13:22,800
and you know two pip stop loss whatever
367
00:13:22,800 --> 00:13:25,760
you use would have been fine
368
00:13:25,760 --> 00:13:27,279
and
369
00:13:27,279 --> 00:13:28,560
yeah you would have got tagged into the
370
00:13:28,560 --> 00:13:30,240
trade
371
00:13:30,240 --> 00:13:31,760
but i didn't take this trade but looking
372
00:13:31,760 --> 00:13:33,200
at it now
373
00:13:33,200 --> 00:13:35,839
i did asr this and you know this
374
00:13:35,839 --> 00:13:37,760
definitely is a trade that i
375
00:13:37,760 --> 00:13:39,680
should have been taking along with this
376
00:13:39,680 --> 00:13:42,079
one here
377
00:13:42,079 --> 00:13:45,599
okay and then we come back
378
00:13:46,480 --> 00:13:47,519
and
379
00:13:47,519 --> 00:13:48,959
i don't believe you would have got taken
380
00:13:48,959 --> 00:13:50,240
out no
381
00:13:50,240 --> 00:13:52,160
okay so price doesn't co doesn't go
382
00:13:52,160 --> 00:13:54,560
below this low here and
383
00:13:54,560 --> 00:13:56,399
we continue up
384
00:13:56,399 --> 00:13:58,399
okay but i didn't take that trade but if
385
00:13:58,399 --> 00:14:00,399
we look to see
386
00:14:00,399 --> 00:14:02,720
how i managed this trade so once i got
387
00:14:02,720 --> 00:14:03,839
tagged in
388
00:14:03,839 --> 00:14:05,680
i'm really looking to take my risk off
389
00:14:05,680 --> 00:14:07,199
the table once we
390
00:14:07,199 --> 00:14:09,680
break above this most recent higher
391
00:14:09,680 --> 00:14:11,920
okay so that was here i move to break
392
00:14:11,920 --> 00:14:13,600
even
393
00:14:13,600 --> 00:14:14,800
and then
394
00:14:14,800 --> 00:14:18,320
i see this form we broke structure again
395
00:14:18,320 --> 00:14:20,560
and i actually managed
396
00:14:20,560 --> 00:14:23,760
just below the the low giving it a pip
397
00:14:23,760 --> 00:14:25,440
or so
398
00:14:25,440 --> 00:14:27,120
of you know breathing room just in case
399
00:14:27,120 --> 00:14:29,279
price comes down to wick and then you
400
00:14:29,279 --> 00:14:31,199
can see i didn't get tagged out
401
00:14:31,199 --> 00:14:33,440
and then we continue
402
00:14:33,440 --> 00:14:35,440
and the next point would be this higher
403
00:14:35,440 --> 00:14:37,040
high
404
00:14:37,040 --> 00:14:39,519
and we break it
405
00:14:39,519 --> 00:14:41,839
with this bit of price here so i moved
406
00:14:41,839 --> 00:14:42,880
to
407
00:14:42,880 --> 00:14:44,639
i believe it was
408
00:14:44,639 --> 00:14:47,760
just below this low here
409
00:14:47,760 --> 00:14:50,399
and really now i'm looking for
410
00:14:50,399 --> 00:14:52,320
you know a clear pullback as you can see
411
00:14:52,320 --> 00:14:53,600
we have here
412
00:14:53,600 --> 00:14:56,399
and then a new higher high
413
00:14:56,399 --> 00:14:58,399
which is exactly what we had
414
00:14:58,399 --> 00:15:00,000
right here so
415
00:15:00,000 --> 00:15:02,720
we pull back and
416
00:15:02,720 --> 00:15:04,399
we put in a new high high so i've now
417
00:15:04,399 --> 00:15:06,160
moved my stop loss just below this low
418
00:15:06,160 --> 00:15:08,399
here
419
00:15:08,720 --> 00:15:11,120
and
420
00:15:11,360 --> 00:15:14,800
the next point i was more aggressive
421
00:15:14,800 --> 00:15:17,519
because it was 5 p.m
422
00:15:17,519 --> 00:15:18,639
so i've now
423
00:15:18,639 --> 00:15:21,199
seen this pull back here we've broken
424
00:15:21,199 --> 00:15:22,560
structure again
425
00:15:22,560 --> 00:15:25,279
and i believe i did managed directly at
426
00:15:25,279 --> 00:15:27,839
that low
427
00:15:28,399 --> 00:15:29,440
for
428
00:15:29,440 --> 00:15:31,600
yeah six point four percent
429
00:15:31,600 --> 00:15:33,360
and then
430
00:15:33,360 --> 00:15:36,000
i do get tagged out here
431
00:15:36,000 --> 00:15:38,160
for yeah six point four percent
432
00:15:38,160 --> 00:15:40,079
which looking back was definitely
433
00:15:40,079 --> 00:15:41,519
aggressive
434
00:15:41,519 --> 00:15:43,440
because usually what i'm doing is
435
00:15:43,440 --> 00:15:46,160
managing on a time frame up or even the
436
00:15:46,160 --> 00:15:47,440
15
437
00:15:47,440 --> 00:15:50,639
if it's you know a continuation trade
438
00:15:50,639 --> 00:15:53,279
but given the time of the trade you know
439
00:15:53,279 --> 00:15:55,120
it being
440
00:15:55,120 --> 00:15:57,759
so here's yeah nearly 6 p.m
441
00:15:57,759 --> 00:16:00,240
and i was off to the gym i go gym at 6
442
00:16:00,240 --> 00:16:01,360
30
443
00:16:01,360 --> 00:16:03,360
so i don't really want to be
444
00:16:03,360 --> 00:16:05,279
staying in that trade i'd rather you
445
00:16:05,279 --> 00:16:07,600
know manage aggressively and get out for
446
00:16:07,600 --> 00:16:09,519
you know 6.4 percent which is still
447
00:16:09,519 --> 00:16:10,560
great
448
00:16:10,560 --> 00:16:12,560
so yeah that's what i've done
449
00:16:12,560 --> 00:16:14,720
so if we just carry on you can see price
450
00:16:14,720 --> 00:16:16,480
does
451
00:16:16,480 --> 00:16:18,399
barely break that low
452
00:16:18,399 --> 00:16:20,240
and then you know takes me out and we do
453
00:16:20,240 --> 00:16:22,720
continue
454
00:16:22,720 --> 00:16:24,720
and
455
00:16:24,720 --> 00:16:26,639
yes we're just ranging now we do pull
456
00:16:26,639 --> 00:16:28,399
back a little bit
457
00:16:28,399 --> 00:16:30,880
we have this area here which i was you
458
00:16:30,880 --> 00:16:33,199
know price could have come back into
459
00:16:33,199 --> 00:16:36,399
and continue
460
00:16:36,399 --> 00:16:39,120
but if we just carry on you can see
461
00:16:39,120 --> 00:16:41,279
we do put in a new higher high 15 minute
462
00:16:41,279 --> 00:16:43,120
time frame
463
00:16:43,120 --> 00:16:44,959
uh we can just carry on
464
00:16:44,959 --> 00:16:47,839
see what price does
465
00:16:48,880 --> 00:16:51,920
okay so what we're having now is sort of
466
00:16:51,920 --> 00:16:53,440
a breaker structure
467
00:16:53,440 --> 00:16:55,279
a mitigation of that last down close
468
00:16:55,279 --> 00:16:56,399
candle
469
00:16:56,399 --> 00:16:58,240
break of structure again so let's see
470
00:16:58,240 --> 00:17:00,720
what happens
471
00:17:02,160 --> 00:17:04,400
yeah we put in a new high high
472
00:17:04,400 --> 00:17:05,839
and
473
00:17:05,839 --> 00:17:08,480
yeah hourly time frame
474
00:17:08,480 --> 00:17:10,480
you can see that high
475
00:17:10,480 --> 00:17:11,839
and
476
00:17:11,839 --> 00:17:13,679
you know i did manage aggressively and
477
00:17:13,679 --> 00:17:17,039
we did have 13 to that high
478
00:17:17,039 --> 00:17:19,919
but you know six point four percent
479
00:17:19,919 --> 00:17:21,599
if you take a few of them
480
00:17:21,599 --> 00:17:23,839
or you know five percent it's going to
481
00:17:23,839 --> 00:17:24,880
add up
482
00:17:24,880 --> 00:17:26,400
at the end of the week
483
00:17:26,400 --> 00:17:28,160
and you know the month
484
00:17:28,160 --> 00:17:30,960
so yeah that's the trade and
485
00:17:30,960 --> 00:17:33,440
just come out re bar replay tool we can
486
00:17:33,440 --> 00:17:35,360
see
487
00:17:35,360 --> 00:17:37,200
that was a good few weeks ago
488
00:17:37,200 --> 00:17:39,919
price did push up and i as i mentioned
489
00:17:39,919 --> 00:17:41,280
we then saw
490
00:17:41,280 --> 00:17:43,440
you know large momentum down
491
00:17:43,440 --> 00:17:44,640
which
492
00:17:44,640 --> 00:17:45,679
you know is
493
00:17:45,679 --> 00:17:48,559
as i said it's liquidating all of these
494
00:17:48,559 --> 00:17:52,160
lows here and this candle
495
00:17:52,160 --> 00:17:54,559
but if we just go through price quickly
496
00:17:54,559 --> 00:17:56,559
because you know it's so clean we
497
00:17:56,559 --> 00:17:58,880
understand what price is doing
498
00:17:58,880 --> 00:18:01,200
so we push down which is news inflicted
499
00:18:01,200 --> 00:18:03,360
but we do break structure
500
00:18:03,360 --> 00:18:05,760
and we was looking at this area here
501
00:18:05,760 --> 00:18:07,280
so what we have
502
00:18:07,280 --> 00:18:11,440
is the last up close candle
503
00:18:11,440 --> 00:18:13,200
price comes back in
504
00:18:13,200 --> 00:18:15,120
to that candle
505
00:18:15,120 --> 00:18:16,559
and
506
00:18:16,559 --> 00:18:19,840
we mitigate and then we continue
507
00:18:19,840 --> 00:18:21,919
we also have the same thing here where
508
00:18:21,919 --> 00:18:24,320
we've broken structure
509
00:18:24,320 --> 00:18:28,000
with this move here
510
00:18:28,000 --> 00:18:30,799
break a structure
511
00:18:30,799 --> 00:18:32,880
and what where's the move that that's
512
00:18:32,880 --> 00:18:35,120
caused the break
513
00:18:35,120 --> 00:18:37,120
it's that candle but we can refine it to
514
00:18:37,120 --> 00:18:38,880
that candle
515
00:18:38,880 --> 00:18:40,840
this is what i was looking at
516
00:18:40,840 --> 00:18:44,080
and looking back now we do have a range
517
00:18:44,080 --> 00:18:45,840
we have a clear range
518
00:18:45,840 --> 00:18:49,360
which price came in to mitigate and
519
00:18:49,360 --> 00:18:51,120
that's why we then see that the massive
520
00:18:51,120 --> 00:18:52,400
sell-off
521
00:18:52,400 --> 00:18:54,960
broke structure
522
00:18:54,960 --> 00:18:58,160
so we can mark that on again
523
00:18:59,919 --> 00:19:03,280
we broke structure there and
524
00:19:03,280 --> 00:19:06,400
what does that give we have a wick
525
00:19:06,400 --> 00:19:07,919
okay so we have a wick
526
00:19:07,919 --> 00:19:10,080
left and as we know that would be an
527
00:19:10,080 --> 00:19:12,960
order block on a lower time frame
528
00:19:12,960 --> 00:19:15,039
but you can be looking
529
00:19:15,039 --> 00:19:17,039
to take you know the actual up close
530
00:19:17,039 --> 00:19:18,559
candle
531
00:19:18,559 --> 00:19:20,240
because that's essentially what price
532
00:19:20,240 --> 00:19:22,080
came back into
533
00:19:22,080 --> 00:19:26,159
and one thing to look at quickly is
534
00:19:26,480 --> 00:19:28,160
yeah we have a wick
535
00:19:28,160 --> 00:19:29,760
a slight pullback and then we actually
536
00:19:29,760 --> 00:19:31,200
break again so we could be looking at
537
00:19:31,200 --> 00:19:32,960
this area here okay that's what price
538
00:19:32,960 --> 00:19:34,480
came in to mitigate
539
00:19:34,480 --> 00:19:36,799
and
540
00:19:37,039 --> 00:19:38,559
you know price is now respecting that
541
00:19:38,559 --> 00:19:40,799
area and we're having sort of sub
542
00:19:40,799 --> 00:19:43,120
structure breaks within here this was
543
00:19:43,120 --> 00:19:44,640
also news
544
00:19:44,640 --> 00:19:46,000
once again
545
00:19:46,000 --> 00:19:47,360
just like here
546
00:19:47,360 --> 00:19:49,679
where you know news they just use it as
547
00:19:49,679 --> 00:19:51,520
sort of a cover so they can mitigate
548
00:19:51,520 --> 00:19:52,720
orders
549
00:19:52,720 --> 00:19:54,799
mitigate this area here and that's why
550
00:19:54,799 --> 00:19:58,879
we're now seeing price come down
35692
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