Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated:
1
00:00:10,960 --> 00:00:12,240
yo what's going on everyone i hope
2
00:00:12,240 --> 00:00:13,759
you're doing really well
3
00:00:13,759 --> 00:00:15,920
so i'm gonna make this video on the
4
00:00:15,920 --> 00:00:17,600
difference between
5
00:00:17,600 --> 00:00:22,400
probabilities and certainty
6
00:00:22,400 --> 00:00:25,919
so what i mean by that is
7
00:00:26,160 --> 00:00:28,960
understanding you know what price is
8
00:00:28,960 --> 00:00:31,760
actually doing and
9
00:00:31,760 --> 00:00:34,079
sort of understanding that is you know
10
00:00:34,079 --> 00:00:35,760
things are happening for a reason
11
00:00:35,760 --> 00:00:39,280
and it's not just you know
12
00:00:39,280 --> 00:00:42,960
random sort of price movements and
13
00:00:42,960 --> 00:00:45,520
you know random sort of flag patterns
14
00:00:45,520 --> 00:00:47,200
that there's there's a deeper sort of
15
00:00:47,200 --> 00:00:48,239
concept to it
16
00:00:48,239 --> 00:00:51,440
and you know we we know this
17
00:00:51,440 --> 00:00:53,520
um but i'm gonna do this video you know
18
00:00:53,520 --> 00:00:54,879
showcasing a really
19
00:00:54,879 --> 00:00:58,079
very clear example of the difference
20
00:00:58,079 --> 00:00:59,760
between
21
00:00:59,760 --> 00:01:02,160
retail you know different communities
22
00:01:02,160 --> 00:01:03,440
where they're looking at you know
23
00:01:03,440 --> 00:01:08,000
certain trades and you know us being
24
00:01:08,000 --> 00:01:09,600
you know traces of smart money
25
00:01:09,600 --> 00:01:11,520
understanding what price is doing and
26
00:01:11,520 --> 00:01:13,680
why it's doing it
27
00:01:13,680 --> 00:01:16,720
so i'm on euro usd
28
00:01:16,720 --> 00:01:20,960
and i just want to look at this um
29
00:01:20,960 --> 00:01:25,040
sort of a bit of price in here okay so
30
00:01:25,040 --> 00:01:28,400
if we look at this move here what we can
31
00:01:28,400 --> 00:01:29,360
see is price
32
00:01:29,360 --> 00:01:31,840
impulsively you know that we can agree
33
00:01:31,840 --> 00:01:34,000
this is an impulsive leg down
34
00:01:34,000 --> 00:01:37,520
a few weeks here after this impulse
35
00:01:37,520 --> 00:01:39,360
but all of these candles apart from
36
00:01:39,360 --> 00:01:41,360
these two you know they're with
37
00:01:41,360 --> 00:01:43,759
they're putting in lower lows we have a
38
00:01:43,759 --> 00:01:44,399
nice
39
00:01:44,399 --> 00:01:47,200
impulsive candle here and what we can
40
00:01:47,200 --> 00:01:48,799
see with this
41
00:01:48,799 --> 00:01:51,759
move here is you know retail would be
42
00:01:51,759 --> 00:01:52,560
looking at that
43
00:01:52,560 --> 00:01:55,200
as you know a few wicks that you could
44
00:01:55,200 --> 00:01:56,079
account for
45
00:01:56,079 --> 00:01:58,320
or not but you know it's clearly a bare
46
00:01:58,320 --> 00:01:59,840
flag
47
00:01:59,840 --> 00:02:03,040
you know with one
48
00:02:03,040 --> 00:02:06,719
two and
49
00:02:06,719 --> 00:02:08,479
touches at the bottom we can identify
50
00:02:08,479 --> 00:02:09,919
that as
51
00:02:09,919 --> 00:02:12,560
a clear bear flag so that that would be
52
00:02:12,560 --> 00:02:13,280
the pole
53
00:02:13,280 --> 00:02:17,680
and that will be the flag and
54
00:02:17,680 --> 00:02:19,840
other communities trading patterns or
55
00:02:19,840 --> 00:02:22,160
whatever it may be
56
00:02:22,160 --> 00:02:25,280
you know they're looking to get involved
57
00:02:25,280 --> 00:02:27,840
somewhere up here you know nice bearish
58
00:02:27,840 --> 00:02:29,599
retrace
59
00:02:29,599 --> 00:02:32,879
and stop loss would go you know 15
60
00:02:32,879 --> 00:02:35,440
maybe even 20 pips let's go let's go 18
61
00:02:35,440 --> 00:02:36,800
pips
62
00:02:36,800 --> 00:02:39,599
which is you know above that um flag
63
00:02:39,599 --> 00:02:41,280
pattern above the high
64
00:02:41,280 --> 00:02:45,280
and you can see what happens the price
65
00:02:45,280 --> 00:02:47,519
does go down
66
00:02:47,519 --> 00:02:51,200
and the reason the stop-loss would need
67
00:02:51,200 --> 00:02:51,599
to be
68
00:02:51,599 --> 00:02:54,640
you know 15-20 pips is because they're
69
00:02:54,640 --> 00:02:55,760
not really
70
00:02:55,760 --> 00:02:57,680
it's not a real understanding of price
71
00:02:57,680 --> 00:03:00,000
and what is actually doing
72
00:03:00,000 --> 00:03:02,400
they can't have the precision of you
73
00:03:02,400 --> 00:03:03,120
know say a
74
00:03:03,120 --> 00:03:06,879
pip stop loss like we can because
75
00:03:06,879 --> 00:03:09,920
you know it doesn't allow you to do that
76
00:03:09,920 --> 00:03:13,840
okay so price does come down
77
00:03:13,840 --> 00:03:17,040
but then you know we put in this low
78
00:03:17,040 --> 00:03:19,519
with a wick within range inside the wick
79
00:03:19,519 --> 00:03:20,239
then we push
80
00:03:20,239 --> 00:03:23,760
up this is what we would be as smart
81
00:03:23,760 --> 00:03:26,000
money traders sort of anticipating or
82
00:03:26,000 --> 00:03:28,000
even expecting because we
83
00:03:28,000 --> 00:03:31,120
we know that this up here is an area
84
00:03:31,120 --> 00:03:33,519
a very clear supply zone where price is
85
00:03:33,519 --> 00:03:35,519
going to gravitate towards
86
00:03:35,519 --> 00:03:38,799
and you know take people out
87
00:03:38,799 --> 00:03:41,519
who are looking at this as a bear flag
88
00:03:41,519 --> 00:03:42,480
because this
89
00:03:42,480 --> 00:03:44,400
hasn't been printed just out of luck you
90
00:03:44,400 --> 00:03:47,040
know this entices people in
91
00:03:47,040 --> 00:03:48,799
they see an impulse down bear flag
92
00:03:48,799 --> 00:03:50,239
pushes down but then look
93
00:03:50,239 --> 00:03:54,239
comes back up it taps into smart money
94
00:03:54,239 --> 00:03:57,680
you know clear supply zone and this
95
00:03:57,680 --> 00:04:00,959
there's no there's no saying that
96
00:04:00,959 --> 00:04:02,799
this isn't going to go short it's
97
00:04:02,799 --> 00:04:04,879
clearly you know going to go short
98
00:04:04,879 --> 00:04:05,519
because
99
00:04:05,519 --> 00:04:08,080
we're clearly bearish you know all the
100
00:04:08,080 --> 00:04:09,439
way from back up here
101
00:04:09,439 --> 00:04:11,519
you know if you go through this bit of
102
00:04:11,519 --> 00:04:12,799
price action even
103
00:04:12,799 --> 00:04:15,840
up until to today's current date
104
00:04:15,840 --> 00:04:19,120
look how price is respecting these areas
105
00:04:19,120 --> 00:04:21,440
okay so you know we have this area here
106
00:04:21,440 --> 00:04:22,880
broke structure we didn't come back into
107
00:04:22,880 --> 00:04:23,680
it
108
00:04:23,680 --> 00:04:25,040
but then we have another one here break
109
00:04:25,040 --> 00:04:26,800
of structure mitigation
110
00:04:26,800 --> 00:04:28,880
broker structure and this this was the
111
00:04:28,880 --> 00:04:30,880
move that we sort of
112
00:04:30,880 --> 00:04:33,520
um i forecasted and you know we took
113
00:04:33,520 --> 00:04:35,680
took advantage of this
114
00:04:35,680 --> 00:04:37,360
mitigation you know another breaker
115
00:04:37,360 --> 00:04:39,759
structure we have another area here
116
00:04:39,759 --> 00:04:42,080
inside bar last up close candle
117
00:04:42,080 --> 00:04:43,919
mitigation
118
00:04:43,919 --> 00:04:45,759
and what we can also look from with this
119
00:04:45,759 --> 00:04:47,040
move here
120
00:04:47,040 --> 00:04:49,680
is i know i'm quite zoomed out but we
121
00:04:49,680 --> 00:04:51,360
have the last up close candle
122
00:04:51,360 --> 00:04:54,880
we came in to wick it but then we came
123
00:04:54,880 --> 00:04:55,600
in
124
00:04:55,600 --> 00:04:59,280
to mitigate fully to the 50 okay
125
00:04:59,280 --> 00:05:02,240
then we went short again and we have the
126
00:05:02,240 --> 00:05:03,759
exact same thing here we didn't come
127
00:05:03,759 --> 00:05:05,039
into the 50
128
00:05:05,039 --> 00:05:06,639
but we still look for entries within
129
00:05:06,639 --> 00:05:08,479
this and if you didn't
130
00:05:08,479 --> 00:05:10,479
um if you didn't get involved with an
131
00:05:10,479 --> 00:05:11,840
entry in here
132
00:05:11,840 --> 00:05:13,120
then what do we have next we have
133
00:05:13,120 --> 00:05:15,759
another push-up breaker structure here
134
00:05:15,759 --> 00:05:19,199
and we have the last up close candle
135
00:05:19,199 --> 00:05:25,120
um refined to this candle here
136
00:05:25,120 --> 00:05:27,120
and you know we have entries within that
137
00:05:27,120 --> 00:05:30,639
and then even more entries here
138
00:05:30,639 --> 00:05:34,080
so you know the different
139
00:05:34,080 --> 00:05:36,240
this is literally the difference between
140
00:05:36,240 --> 00:05:37,360
probabilities
141
00:05:37,360 --> 00:05:40,720
you know patterns which which are going
142
00:05:40,720 --> 00:05:42,639
to work from time to time because
143
00:05:42,639 --> 00:05:45,280
that's the whole point of it it entices
144
00:05:45,280 --> 00:05:46,800
people into the market they see it play
145
00:05:46,800 --> 00:05:48,320
out once or twice and
146
00:05:48,320 --> 00:05:50,720
they think oh that must work when really
147
00:05:50,720 --> 00:05:52,080
we know it doesn't
148
00:05:52,080 --> 00:05:55,600
not not to its fullest potential of you
149
00:05:55,600 --> 00:05:56,160
know
150
00:05:56,160 --> 00:05:58,400
how we are trading where you know we're
151
00:05:58,400 --> 00:06:00,160
looking for
152
00:06:00,160 --> 00:06:04,160
where does price need to go before
153
00:06:04,160 --> 00:06:06,560
a clear move can happen so where where
154
00:06:06,560 --> 00:06:07,600
those prices need to go
155
00:06:07,600 --> 00:06:10,800
to get fuel grab liquidity from these
156
00:06:10,800 --> 00:06:12,479
retail traders trading these flag
157
00:06:12,479 --> 00:06:13,680
patterns
158
00:06:13,680 --> 00:06:17,120
and you know this is when this is why we
159
00:06:17,120 --> 00:06:19,199
can be so precise with you know one pip
160
00:06:19,199 --> 00:06:21,199
or two pip stop loss
161
00:06:21,199 --> 00:06:23,440
because we know what price is doing and
162
00:06:23,440 --> 00:06:25,600
we can utilize the lower time frames to
163
00:06:25,600 --> 00:06:27,440
even refine it even more this is why we
164
00:06:27,440 --> 00:06:29,360
can get in entries like this
165
00:06:29,360 --> 00:06:31,280
you know as tight as that which which
166
00:06:31,280 --> 00:06:33,520
makes complete sense
167
00:06:33,520 --> 00:06:35,520
as opposed to this you know with 20-pip
168
00:06:35,520 --> 00:06:37,199
stop-loss and just trading our pure
169
00:06:37,199 --> 00:06:37,680
profit
170
00:06:37,680 --> 00:06:40,720
probabilities and you know understand
171
00:06:40,720 --> 00:06:43,600
that there's more to it so
172
00:06:43,600 --> 00:06:47,039
i thought i'd just do that video um
173
00:06:47,039 --> 00:06:49,039
showing you saw the difference between
174
00:06:49,039 --> 00:06:51,280
probabilities and
175
00:06:51,280 --> 00:06:54,319
certainty and that being said it's not
176
00:06:54,319 --> 00:06:55,520
always going to be certain
177
00:06:55,520 --> 00:06:57,520
as we already know it we still do take
178
00:06:57,520 --> 00:06:58,960
losses
179
00:06:58,960 --> 00:06:59,919
but you know when we're getting in
180
00:06:59,919 --> 00:07:02,080
trading trades you know one to
181
00:07:02,080 --> 00:07:05,039
twenty five one to fifty small losses
182
00:07:05,039 --> 00:07:05,440
like
183
00:07:05,440 --> 00:07:08,800
one percent it doesn't do any damage at
184
00:07:08,800 --> 00:07:09,199
all
185
00:07:09,199 --> 00:07:11,919
um because we know the true potential
186
00:07:11,919 --> 00:07:13,520
that we have
187
00:07:13,520 --> 00:07:15,680
even all these trades i'm looking at
188
00:07:15,680 --> 00:07:17,520
here there's loads of opportunity
189
00:07:17,520 --> 00:07:22,400
day in day out it's just about seeing
190
00:07:22,400 --> 00:07:25,520
where price is likely to go to the why
191
00:07:25,520 --> 00:07:30,000
and you know getting involved
13007
Can't find what you're looking for?
Get subtitles in any language from opensubtitles.com, and translate them here.