All language subtitles for Market Breakdown 14-18 June

Yo what's good everyone? I hope
you're all doing really well er

and enjoying your weekend. Now
I just wanna say a welcome to

everyone who's recently joined
in the last few weeks. Um I

hope you're sort of
understanding the strategy um

going through you know videos
and dialing down on you know

your chart work and yeah come
into terms with how we trade so

just understand it does take
time and you're not gonna get

it straight away. It will take
a few weeks, months before you

can fully understand it. Um but
yeah, the more chart work you

put in and you know, listen,
listen to more of the

experienced traders in the in
Discord. Then, you know, the

quicker you'll understand is
actually how we trade the

strategy. So, what these these
videos are is I'll go through

my pairs and what I'm looking
at for the week ahead and then

we'll go through some price
action from last week as well.

Um but we're starting on Euro
dollar. Um now if you are new

what I do is um I start I
always start my analysis from

the 1 hour time frame and then
I'm basing my trading around

that and then you know getting
a bias and then dropping down

to a fifteen, five, 1 minute
and then the second time frame

if needed. Um so yeah always
getting my bias you know

starting from the hourly and
then you know working from

there. The reason I use the
hourly and not not the full

hour is just because I've used
the hourly you know for a very

very long time and it's a great
time frame to use to actually

look at price cos you can see a
lot of price action on the

hourly. And it also gives a lot
of opportunity within the week.

Um so yeah we always you know
get trades every single week.

Pretty much and yeah it's just
a great time frame to use as

you know your overall sort of
bias. Then simply use the the

lower time frames just as like
refinement and you know getting

in on better entries. Er so
yeah that's the reason but if

you wanna use the 4 hour um as
your highest time frame then

you can. It comes down to your
own preference and what you you

know what you wanna do. I'm
just showing you how I do it

and what works for me as well.
So with that being said let's

get into EU. Now I have got a
few drawings you can say on the

chart just so you can see
what's going on. Now I can see

this. Um but you know, I need
to show, I need to try and show

you what I'm looking at so you,
you know, you can learn from it

but if we look at current price
before we get into some of

this, we can see we had a quite
a large sell off. Um to the

downside that has now broken
this low. So we previously had

this aggressive move up that
was you know NFP. That broke

this high. We see price pull
back and like I always say

price likes to come to the 50%
to mitigate before continuing.

Now in this case we came back
to here with this wick. Which

is probably around 40% of this
candle and then we broke

structure. So once once we
broke structure to the upside

it doesn't give price a reason
to come back to this area right

away this could be used as a
later date in price which we

can see was here which is on
the Friday. So once we got this

I'm not really looking at this
area cos obviously we have an

order block. On this candle
here. But I wasn't really

looking at that area to get
long. Um

you know we had this aggressive
move down into it and we didn't

really have we didn't have any
entries in here at all really

because we're just seeing you
know lower lows and lower highs

and you know clear momentum
down and you know no signs of

this going long. Um and then
you can see we did break the

low. Now I've marked on the low
because you can see we've

broken it. Now as we know um
the market manipulates the the

highs and lows. So what we'll
see a lot is a low here. Price

comes below it and then it will
reverse you know back up

whether that be up to here um
because I've marked on a bit of

imbalance. So we have this wick
and this wick from this next

candle. All of this within here
is an imbalance. So you know

selling pressure and there's no
really there's no clear

pullback um all we can see is
you know a large candle and

just price selling off
essentially which also broke

structure as well. So what I'm
looking at is now that we've

broken this low this this low
here. We may see a pullback up

to this imbalance because the
this move here is all you know

efficient pricing. We can see
the wigs are meeting. Um So

price may need to gravitate
back up whether that be to the

EQ of this imbalance and I
won't be looking at getting

short from here because it's
not in my trading plan. Um

although this would be on this
would be AA lower high on a 15

minute time frame. Um or a
five. Yeah so we can see a

pullback and then a push. So we
we may get a tap into here. Um

a pullback there. We have this
wick and we you know we have

the last up closed candle. So
price may need to come up there

and sell off from there but
what I'll be waiting for is met

that pullback and if price
wants to continue down from

here then I'll be waiting for a
breaker structure and I'll be

looking to get short from you
know that new supply zone. So

you know it might it may take a
day or so but once we usually

see a sell off like this the
following price action will

usually you know correct and
take a bit of time to you know

rebalance and yeah before we
see any more moves. But what we

might see is a push all the way
back up to here which you know

could take a day or two. Um
because we do have you know

this candle before the momentum
kicked in which also broke this

wick which is a low here. So if
that's the case then I will be

looking at getting short but
you know that's a way off. And

what I'm anticipating is a push
breaker structure and a little

to get short from that but you
know but like I said it needs

time. And it's not really
clear. Um when I'm looking at

chart and it's not clear. My
very first look at it it

usually means that there's not
um any opportunities. But when

I get onto a chart and I can
see a clear opportunity before

even drawing any any drawings
on there then that's when you

know I'm looking to get in you
know some trades. But when it's

unclear I can see we've broken
this low so I am expecting

that. But we may just pull back
a little bit break structure

then I'll be looking at that in
a that lower higher and look to

get short from there but yeah
it's not looking overly clear

right now. But if we look at
what we had last week um we

broke structure Okay, so we
broke. Gonna prop this higher

here.

What am I doing? Okay so we
broke structure there and then

we had you know a clear so once
we had this break this is a new

higher high. So this is a new
high high and then that makes a

new higher low which
technically would be this

lowest point. But what we can
do with our strategy is look

for that last down candle which
is here. Or look to see where

the momentum kicked in. Which
you can see was these three

candles here. So that last down
down close candle we then

tapped in. And I'm not gonna
get into this because it was

messy and you can see look at
the wicks. Um I didn't take it.

Uh but you know essentially we
tapped in. Uh I'll just delete

that off. Go to the fifteen.

Let's take it back. Okay so
what I'm doing when I look on

the hourly and I can see a
clear order block. I'm then

dropping down to a fifteen and
seeing if I can refine it if

there's any areas where a price
may need to come to. Now on the

fifteen not really we have
these two pushes up but then we

wick back which is sort of a
mitigation in in some respect.

Push up. Wick back down. So you
know it's all sort of efficient

pricing. So nothing too
significant there. But on the 5

minute Okay so there is one
area here. Now the reason I

would look at this area is
because it's really the only

bit of pricing that was left
unmitigated. Because we had

this move up the broke
structure and we had this you

know last down close refined to
this candle. Which is an order

block. Price didn't come back
in to sort of mitigate it. Now

you could be looking at this
area or this order block here

but but look we wicked back in
which is you know a mitigation

and then we did continue up. So
that's what I'll be looking at.

That candle there. And you can
see it's clear clear breaking

structure and price didn't come
back to it. And then you can

see look price came back into
mid gate and then we went along

from here. But I was looking at
this but then we came in quite

momentously and then all of
these breaks of structure on

the lower time frame were
within the actual swing high

which is here. This is the
lower high and this is the

lower low. So all of this in
here is in is sub subbrakes of

structure. So I'm not looking
to trade that. Um it was in

fact this move here that broke
structure. We could take the

last down candle there. Refine
it on a lower time frame and

look to get long in here. It
wasn't looking great in my

opinion so I just left that.
And you could if you was

looking at short in this then
you know we do have this this

supply as well because this
move here did break structure.

We tap in and we do see a
reaction and then ultimately

you know the balls take over
and we go long. And um but yeah

that's EU. Uh let's go back to
the hourly. You come out of

this.

We push up above this high.
This impulsive candle then we

fully retrace straight away.
Now you could be looking let me

just delete that off. You could
be looking at this as a you

know a supply zone or an order
block because we have a higher

high then essentially we have
this as a higher low and price

does break it or you know it it
wicks it wicks here. But that's

not a valid break of structure
for me and price did come back

up. You know we have wicks here
but we've come back up and

notice how if I just zoom right
in. Notice how we have last up

close candle on the open price
come back up to wicket um

perfectly to the pip. Then down
wicks back up and then we

ultimately do go short from
here. Um so if if you you're

looking at that as you know an
entry then you know go and test

that but it's not really for
me. Um but yeah we break above

that higher. You know this for
me is a seek of liquidity. Uh

and then you can see momentum
kicked in straight back in And

then we you know this is messy.
Now if you're new to the

strategy this week isn't the
greatest um in terms of price

action but we can that's the
great thing about our strategy

is we can actually trade it but
you know it's better to be

seeing trend in um markets. Er
that's my favourite you know

continuations but it's not
always gonna be the case every

week. We will see you know
range in markets. Looking at

GAU for example this week you
know it was just like ping pong

from up down up down. We can
trade it but it's for a

beginner or someone learning is
is harder um because you know

the ideal scenario is we see
this and just trade that but

that's not the case of you know
trading. That's not how it

works. Not always. Um but yeah
if you if you are new as well

what I would say is study
continuations so you wanna see

a nice push up which is here
sorry above you know a

structural point which is here
so we have a higher break of

structure higher low look for
price to get back into this

level look for manipulation
liquidity and then your lower

time frame breaks the structure
and then just trade that and

then rinse and repeat and you
know that's how simple you can

keep trading and that's what we
try and you know teach in this

discord. Um but yeah getting
back to EU. Price traded below

this low so I'm expecting a
push up from here maybe to here

but it it may come back up. To
revisit these areas as well.

But if we do push up then I'll
be looking for that breaking

structure and I'll be looking
to get short from here. Okay

Ähm but with that said we can
still trade it. So if we look

at current price um to start
with what we can see is we

pushed down and we did get in
into some trades in here on a

lower time frame. Um but then
we can see we broke up and

broke above this lower high
here. You know with some nice

momentum and we have this Wick.

Yeah so I am looking to see
this push up from here um but

what you can see is it again it
is a bit messy with this last

you know hourly candle. We have
this week down. So what I'll be

waiting for is you know mark it
open and look to see if we can

get down a little bit lower
down to mitigate this uh wick

here and then you know look for
my entries from there. Um but

if I just drop down to the 1
minute it's very it bit messy

but we came into the level and
take it back to around here.

Surprise came in and then we do
have some entries here but it's

not really something that I
would take because of the time.

So, this is like 7 PM So, on a
Friday. Um But if we look what

we have we put a lower low and
we have this as our lower high

and then price broke it here.
So we broke structure.

Put that on there. And we have
this consolidation range. So

you can see this clear range in
bit of price. We then initiate

out. We come back to it and you
know we can take this range or

you know the last candle before
the initiation out. So this

would be something that what
you'd be doing and then you see

your entry wherever you want
but for me it'd be the EQ. 2.5

pips. You know you could have
gone the pip but let's just say

2.5 for this trade. And then
this is your entry and then

we'll see what price does. You
can see we also did come a bit

lower and came in this candle
here. You know which left a bit

of imbalance. Um but then we
ultimately push up from here.

But then as this is like you
know a couple hours from market

close you would be managing
this trade. You know you or

even closing it you know. And
especially here when price

pushes up to around seven seven
R. And then price does pull

back down I believe. But let's
go to the fifteen. And yeah you

can see that we wick back down

down. But yeah I'm definitely
gonna be looking to get long

from here. Er with some targets
you know at at the highest

really. Um we have an area here
as well. Because we pull back

probably structure. But yeah
we'll see. And if we look to

see um previous price action.
We got in long on these areas

here so if I just take it back
to round there. Now, what

you'll notice is we had this
Well, we took some trades

within here. I've done a video
on this. We broke structure. We

got long from here. We had an
area with this candle, breaking

structure, wicked back down,
but then ultimately, we came

back to it here. Now, when
price does this where it breaks

below, I actually prefer it in
some cases because it's just,

you know, seeking liquidity
from the low, manipulating and

then, you know, it's gonna
continue up but it depends, it

all depends on how it breaks.
We wanna see a nice you know we

don't wanna see momentum
closing below. Just a week you

know seeking liquidity. And
then on the 1 minute time frame

we had some entries. So if I
just take this over. That is

the hourly you know point of
interest. We came below and we

had this break here a little
bit of AA little pullback

broken structure but then it
was here um I took a loss I

took I took this trade here so
we broke I'm sure you can see

it but we broke this high um I
took this down candle here. You

could have took this. But I
just took this lowest point and

then I took a loss er I then
set an entry on this next one

so we broke structure I'll set
an entry here but then once we

broke again I cancelled and
then set my entry on this next

one which was here so we broke
this high and this bit of let

me just zoom in I was looking
at this down down candle here

um a Hold on.

Yeah so I got triggered into
the trade here and I did take a

break even I think no I didn't
I didn't it pushed up here yeah

that's it because it broke
structure again and then I was

looking at this as price mainly
to come down to mitigate and

then continue. So I left my
stop loss where it was. And

then we broke structure again
here then I moved it to I think

I moved it to break even or I
managed I think I managed at

the lowest. I did take a bit of
profit away. Um what was it a

break even? I think it was a
break even cuz then we did wick

down here. Uh Yeah. And then
this week down you know it was

a tap into this area here. As
you can see then we went long

from there but I think I did
take a break even actually. And

then we did see some huge
momentum up. But you know it it

is what it is. It does happen.
So back to the hourly. Um We

have this supply level here
which broke structure. You know

it's not always gonna be the
cleanest price section but you

need to understand the markets
aren't perfect and it's about

using you know your initiative
um training your eyes to see

these entries and yeah just
understanding the markets

aren't they're hardly ever
perfect er if ever but yeah

that's gonna be GU. Um bias is
long from this area. You know

targeting this bit this move
here or you know the highs and

hopefully we can start seeing
you know some trends and let's

get involved in some great
trades but let's get into AU.

So this is AU now. I haven't
got anything on the chart on

this one. So I'm just gonna go
through it er with you live. So

Ähm

little range to get along from
but one thing I see is you know

this this isn't valid in my
opinion. Because it hasn't

broken any structure. So if we
look at this we have a push

down. So we have a low and the
lower high is all the way up

here. Okay so we if anything
we've just created equal highs.

This isn't really a convincing
break. It has broken but it's

not something that I would
class as valid because it

hasn't broken with momentum. We
came up with momentum but it

was just NFP and you know to
rebalance this move here. So

push up range sorry push down
range push up. It's not really

a valid area for me to be
looking at this as a demand. Um

but if this bit of price was to
push down here and make a lower

low then obviously we would
have a breaker structure but we

had got a lower low here but
then we have this counter trend

move and it didn't you know put
in a lower low so it's not a

valid breaker structure. Um So
that's why I don't reckon we

will see any reaction from this
area. We may do because of the

imbalance but I won't be
looking to get along er from

there in my opinion. So I will
avoid that. Um but this is

pretty much similar to EU in
regards where we've had a sell

off. So we have um some
imbalance as you know from wick

to wick. Bit of imbalance
there. That's the most you know

obvious bit of price. So we may
see a push back up to there. Um

we do have a breaking structure
as well, okay? Okay so we broke

that low there.

And what we can see is the last
up close candle. We do have a

wick as well but what I'm gonna
do for now is mark on that area

understand that we are around
sixty to sixty-five pips away

from it. So we it's likely
we're not gonna get to that

area er tomorrow. It may take a
day or so. But we may come back

up to this bit of imbalance.
And we do have a lower high

here as well. And be broke
structure so this could be an

area where price comes to to
sell off from but I'll be

waiting for something clearer
and if we just like EU if we

come up a little bit you know
and then we break structure

then I'll be looking at that to
get short but it's not jumping

out at me what it wants to do
just yet. Um it may even come

down to the back to these areas
down here. Um we don't know yet

but it's about waiting. Seeing
how the market's open and then

going from there really. Um but
yeah that's gonna be it for my

three pairs. Overall um I do
think we get some nice trades

for this week and one thing to
remember is about preparing.

Keep forecasting. Um ASR your
trades. Learn from them. Um

take losses. Learn from them.
Don't worry about taking

losses. Manage your risk and
yeah just keep improving. And

listen to what lot of the
members saying Discord because

there's some great traders in
there. A few that are funded

and you know doing this for a
living. So you know they know

what they're talking about and
yeah listen to them and yeah

but let's just have another
great week in the markets and

yeah I'll talk to you all in
Discord and all the messages

I've got I will get back to you
today. Um I have got a few to

get through. I am getting
around thirty to forty a day.

So if it takes me you know a
day or so to get back then I

will get back to you. I'm not
ignoring you. Um it's just I've

got quite a few and it's it's
only me really. Um getting back

to these messages. Uh so yeah
give me some time and I will

get back to you but yeah that's
gonna do it for the video. If

you have any questions um or
any pairs you're looking at

send me them or send them into
Discord and yeah let's have a

really good week.