Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated:
1
00:00:19,630 --> 00:00:20,470
Hello, guys.
2
00:00:21,010 --> 00:00:22,450
You're welcome to this video.
3
00:00:23,320 --> 00:00:29,440
In this video, I will be showing you how to shred and option the markets.
4
00:00:30,400 --> 00:00:35,020
In this video, we will be learning how to trade and opt in markets.
5
00:00:36,700 --> 00:00:40,030
We said in an uptrend in markets.
6
00:00:40,450 --> 00:00:43,030
The markets moves upwards.
7
00:00:43,630 --> 00:00:43,990
Okay.
8
00:00:44,380 --> 00:00:48,280
And it creates higher lows and higher highs.
9
00:00:49,030 --> 00:00:55,210
In an often the market, the market moves upwards and it creates higher lows and higher highs.
10
00:00:55,760 --> 00:00:56,170
Okay.
11
00:00:56,830 --> 00:01:04,750
So because the trend is going upwards, only needs to buy in direction of the trend since the trend
12
00:01:04,750 --> 00:01:07,150
is going a place in an uptrend, the market.
13
00:01:08,290 --> 00:01:12,220
The only thing we have to be looking for is an opportunity to buy.
14
00:01:12,820 --> 00:01:13,090
Okay.
15
00:01:13,780 --> 00:01:16,000
Because the market is going upwards.
16
00:01:16,630 --> 00:01:19,150
That is not easy to sell in an uptrend in the market.
17
00:01:19,510 --> 00:01:25,270
If you sell in an uptrend in markets, it means that you are going against the majority.
18
00:01:25,830 --> 00:01:26,120
Okay.
19
00:01:27,740 --> 00:01:29,420
The trend is going upwards.
20
00:01:29,570 --> 00:01:30,620
You have to buy in.
21
00:01:30,620 --> 00:01:32,930
The trend is going up, which you will have to buy.
22
00:01:33,140 --> 00:01:33,530
Okay.
23
00:01:34,640 --> 00:01:37,270
We also said that's an option.
24
00:01:37,280 --> 00:01:37,910
The market.
25
00:01:38,840 --> 00:01:46,670
The higher highs are the resistance again and the high lose the support.
26
00:01:47,010 --> 00:01:47,360
Okay.
27
00:01:47,840 --> 00:01:55,220
So often the markets only focus to buy at this support areas in any direction of the trend.
28
00:01:55,730 --> 00:01:56,060
Okay.
29
00:01:57,050 --> 00:02:04,580
Now on the screen here, I've already drawn a diagram representing an uptrend in market.
30
00:02:05,710 --> 00:02:09,840
You see that the market is making higher highs and lows.
31
00:02:09,860 --> 00:02:12,680
I had those higher highs.
32
00:02:12,870 --> 00:02:13,890
How lows?
33
00:02:14,140 --> 00:02:18,200
High highs, high, loose making shrink and pull back to the upside.
34
00:02:18,710 --> 00:02:19,130
Okay.
35
00:02:20,480 --> 00:02:28,610
Now, you can also see on this diagram that I have also marked the support and resistance areas.
36
00:02:29,180 --> 00:02:31,400
For example, here is a support area.
37
00:02:31,640 --> 00:02:32,660
This is a high low.
38
00:02:33,230 --> 00:02:33,560
Okay.
39
00:02:34,580 --> 00:02:37,460
And the higher high introduced an area.
40
00:02:37,760 --> 00:02:44,840
When the market is trending all the higher high is a distant area while they have no idea support area.
41
00:02:45,020 --> 00:02:45,350
Okay.
42
00:02:45,560 --> 00:02:48,260
So this high, high is in a distant area.
43
00:02:48,380 --> 00:02:55,670
So when I was going up, it got to these higher high, which is a distant area and came down.
44
00:02:55,850 --> 00:02:56,240
Okay.
45
00:02:57,170 --> 00:03:02,240
You also came down and got this support area, which is the high low and went up okay.
46
00:03:02,780 --> 00:03:06,260
When it was going up, it broke this higher high.
47
00:03:06,890 --> 00:03:07,230
Okay.
48
00:03:07,250 --> 00:03:11,990
When the market breaks resistant, yeah, it breaks this higher high, which is also this area.
49
00:03:12,470 --> 00:03:17,630
And when the market breaks in a distant area, near a distant area, close to is support area.
50
00:03:17,930 --> 00:03:18,260
Okay.
51
00:03:18,590 --> 00:03:24,140
So as you can see here, the markets went up, created another high, high, which is a new resistance
52
00:03:24,140 --> 00:03:31,360
area and pulled back to the previously broken higher high, which is this one to test as support in
53
00:03:31,770 --> 00:03:37,250
the in the action of the trend does it support and it's moving up the market are going up.
54
00:03:37,730 --> 00:03:47,000
Came down to this higher high here tested as a resistance and they came down to this as support.
55
00:03:47,270 --> 00:03:47,660
Okay.
56
00:03:48,110 --> 00:03:49,490
The market Nasdaq going up.
57
00:03:50,680 --> 00:03:57,490
Broke this hair high here, which is also the assistant in Brooke resistant area when top secret and
58
00:03:57,490 --> 00:04:03,440
a new higher high back when it got to the new hair high the magnets pulled back to previously Brooklyn
59
00:04:03,490 --> 00:04:09,820
how high to test us suppose again before continuing the pattern to the upside.
60
00:04:10,390 --> 00:04:13,870
So let me draw another diagram as well in this.
61
00:04:14,830 --> 00:04:15,160
Okay.
62
00:04:17,130 --> 00:04:20,160
When the market is going up increase.
63
00:04:21,120 --> 00:04:23,880
How high is on hand and how much?
64
00:04:26,780 --> 00:04:28,400
And the market is getting upwards.
65
00:04:28,420 --> 00:04:32,050
It creates higher highs and higher levels.
66
00:04:32,950 --> 00:04:33,610
So here.
67
00:04:35,060 --> 00:04:35,890
In some areas.
68
00:04:42,450 --> 00:04:43,140
He's 50.
69
00:04:45,550 --> 00:04:45,850
Okay.
70
00:04:48,790 --> 00:04:55,840
So yeah, when the market is going upwards is it creates higher highs and lows.
71
00:04:56,140 --> 00:04:58,840
Okay, high, high, high lows.
72
00:04:58,840 --> 00:05:06,190
Hooking up going these with a sample of an option the market creating high this is a higher high here
73
00:05:06,640 --> 00:05:07,900
and this is a high low.
74
00:05:08,980 --> 00:05:09,310
Okay.
75
00:05:09,790 --> 00:05:10,920
And I knew her how.
76
00:05:10,930 --> 00:05:11,170
Here.
77
00:05:11,170 --> 00:05:13,600
Formed these under the halo.
78
00:05:14,230 --> 00:05:15,300
This is also her.
79
00:05:15,310 --> 00:05:15,670
Hi.
80
00:05:16,300 --> 00:05:16,750
This is.
81
00:05:16,750 --> 00:05:18,040
And Hannah.
82
00:05:18,400 --> 00:05:19,330
This is also.
83
00:05:19,360 --> 00:05:19,930
Hi.
84
00:05:20,060 --> 00:05:21,010
He's another.
85
00:05:21,010 --> 00:05:21,610
Hello.
86
00:05:22,090 --> 00:05:24,010
Okay, now this.
87
00:05:24,010 --> 00:05:24,610
Ha ha.
88
00:05:24,610 --> 00:05:25,000
Here.
89
00:05:26,390 --> 00:05:34,100
We also got an incident area in eastern area the market holding up but it is resistant area and pulled
90
00:05:34,100 --> 00:05:35,900
back to create a new.
91
00:05:36,440 --> 00:05:37,060
Hello.
92
00:05:37,210 --> 00:05:37,570
Okay.
93
00:05:38,700 --> 00:05:39,120
Hi.
94
00:05:39,200 --> 00:05:41,390
Here is the new area.
95
00:05:41,890 --> 00:05:42,190
Okay.
96
00:05:42,200 --> 00:05:44,030
You might walk outside this area.
97
00:05:44,450 --> 00:05:47,780
While this high low here is a support area.
98
00:05:48,230 --> 00:05:48,560
Okay.
99
00:05:49,130 --> 00:05:50,690
And like I said, are going upwards.
100
00:05:51,260 --> 00:05:53,100
Broke this resistant area here.
101
00:05:53,150 --> 00:05:58,940
And when it is something that is broken, the market always comes back to dust, I suppose.
102
00:05:59,030 --> 00:05:59,330
Okay.
103
00:05:59,540 --> 00:06:00,220
The market broke.
104
00:06:00,230 --> 00:06:04,100
This resistance area here went up, created another new high.
105
00:06:04,100 --> 00:06:06,170
High, which is not new resistance here.
106
00:06:06,380 --> 00:06:12,910
Okay, then make a go to that place and pulled back to this previously broken resistance area to not
107
00:06:12,910 --> 00:06:14,000
test a supports.
108
00:06:14,510 --> 00:06:14,790
Okay.
109
00:06:14,810 --> 00:06:16,700
We need to support it.
110
00:06:16,700 --> 00:06:22,850
Continue is move to the upside break in this recent resistance here.
111
00:06:23,480 --> 00:06:29,360
And then went up was to create a new area which is also a new higher high.
112
00:06:29,540 --> 00:06:37,760
Okay so in market up now when it got to this resistance it came back here it would back to previously
113
00:06:38,180 --> 00:06:39,980
resistance area to test as support.
114
00:06:40,400 --> 00:06:49,100
Okay before closing it is move to the upside again breaking this higher high and forming a new higher
115
00:06:49,100 --> 00:06:49,520
high.
116
00:06:49,550 --> 00:06:49,910
Okay.
117
00:06:50,150 --> 00:06:55,070
It broke this area, formed a new resistance at this higher high.
118
00:06:55,760 --> 00:07:02,060
And it also came back to the previously broken resistance area, which is here to test our support before
119
00:07:02,110 --> 00:07:02,740
went up.
120
00:07:02,780 --> 00:07:03,170
Okay.
121
00:07:03,650 --> 00:07:05,630
This pattern continues
122
00:07:07,880 --> 00:07:10,370
until the trend changes direction.
123
00:07:10,610 --> 00:07:10,910
Okay.
124
00:07:11,360 --> 00:07:16,850
So we already know that this market is trending up and is making higher highs and lows.
125
00:07:17,180 --> 00:07:26,510
So how do we and it said in an uptrend the market remember I said in an uptrend in markets you only
126
00:07:26,510 --> 00:07:26,930
buy.
127
00:07:27,470 --> 00:07:27,910
Why?
128
00:07:27,920 --> 00:07:30,680
Because the market is going upwards.
129
00:07:31,130 --> 00:07:33,260
You have to tread in direction of the trend.
130
00:07:33,830 --> 00:07:34,190
Okay.
131
00:07:34,520 --> 00:07:35,870
So where do you buy?
132
00:07:36,560 --> 00:07:37,940
Where do you enter trade?
133
00:07:38,390 --> 00:07:41,030
You enter trade as these support areas.
134
00:07:41,480 --> 00:07:41,740
Okay.
135
00:07:42,200 --> 00:07:44,690
Here, the markets went up, upgraded.
136
00:07:44,780 --> 00:07:49,100
You came back to create a new hello.
137
00:07:49,160 --> 00:07:49,520
Okay.
138
00:07:50,030 --> 00:07:51,320
And they a support here.
139
00:07:51,530 --> 00:07:51,840
Okay.
140
00:07:51,860 --> 00:07:55,240
What will happen is you look for a candlestick signal.
141
00:07:55,700 --> 00:08:00,830
You can look for an engulfing candle signal or a pin bar.
142
00:08:01,340 --> 00:08:01,700
Okay.
143
00:08:02,210 --> 00:08:07,970
And when the signal forms, you enter trade your beachhead in direction of the trend.
144
00:08:08,260 --> 00:08:08,580
Okay.
145
00:08:08,740 --> 00:08:12,290
Into the trade at this support area.
146
00:08:13,190 --> 00:08:13,550
Okay.
147
00:08:14,060 --> 00:08:16,910
The markets went up, created a higher high here.
148
00:08:17,540 --> 00:08:20,540
Came back to test this area as support.
149
00:08:20,540 --> 00:08:24,080
Again, this is an area we also have to.
150
00:08:24,770 --> 00:08:27,020
And that it said to the outside.
151
00:08:28,870 --> 00:08:40,510
This area which controls the signal engulfing candle or it in bar and all that kind of forms, you can
152
00:08:40,510 --> 00:08:42,640
enter your betrayer to the upside.
153
00:08:42,970 --> 00:08:47,120
Okay, let's azuma into your bike, shed your stop loss.
154
00:08:47,140 --> 00:08:48,700
Where do you place your stop loss?
155
00:08:49,090 --> 00:08:51,340
Your stop loss is below these.
156
00:08:52,120 --> 00:08:55,840
So what areas of your surplus is below this support?
157
00:08:56,020 --> 00:09:00,580
Assuming you intend to adhere, your stop loss should be below the support areas.
158
00:09:00,940 --> 00:09:08,230
Okay, your stop loss should be below the support areas into somewhere here and place a stop loss,
159
00:09:08,230 --> 00:09:11,440
bleeding support areas and the prices are going up.
160
00:09:11,920 --> 00:09:12,280
Okay.
161
00:09:12,520 --> 00:09:18,820
Here, the market went up, formed a new high, high, and came back to create a new high Lou.
162
00:09:19,510 --> 00:09:19,900
Okay.
163
00:09:20,500 --> 00:09:22,090
This is where you entire trade.
164
00:09:23,020 --> 00:09:29,020
You don't just anterograde light that you have to wait for a condos to signal maybe an engulfing condo
165
00:09:29,980 --> 00:09:31,790
when an engulfing candle forms.
166
00:09:32,380 --> 00:09:38,710
You can't enter your trade for a buyer to the upside of the entire trade for buyers to the upside and
167
00:09:38,710 --> 00:09:41,980
place a stop loss below the support area.
168
00:09:42,550 --> 00:09:44,920
The market went up greater than you.
169
00:09:44,920 --> 00:09:50,440
How high came back to this previously mucosal acid resistant area to this isopod.
170
00:09:50,800 --> 00:09:51,130
Okay.
171
00:09:51,550 --> 00:09:59,140
You wait for the candles to signal an engulfing candle to form here and tortured was the engulfing candle
172
00:09:59,140 --> 00:10:07,870
closes outside for a buyer to the upside and accompanies your stop loss below the support zone.
173
00:10:08,050 --> 00:10:12,430
Okay, so guys, remember we only buy in an uptrend in market.
174
00:10:13,000 --> 00:10:20,830
The reason for that is we have to trade alongside with the trend when the trend is going up.
175
00:10:21,910 --> 00:10:27,710
We only buy because majority of the market players are buying.
176
00:10:27,720 --> 00:10:30,160
So we have to do what they are doing.
177
00:10:30,520 --> 00:10:30,890
Okay.
178
00:10:31,120 --> 00:10:33,580
We have to trade alongside with the big boys.
179
00:10:33,880 --> 00:10:41,080
So having said that, guys, let's go to the Forex shots that I can show you an example of how to set
180
00:10:41,080 --> 00:10:42,460
an opt in the market.
181
00:10:43,060 --> 00:10:43,420
Okay.
182
00:10:44,590 --> 00:10:49,600
Here, I'm on GBP HD daily chart.
183
00:10:49,980 --> 00:10:56,410
I see as you can see here, you find that this market is creating higher highs and hardening these markets
184
00:10:56,410 --> 00:10:56,950
here.
185
00:10:57,010 --> 00:11:05,860
This area is creating higher highs and lows and is going upwards, creating higher highs and lows to
186
00:11:05,860 --> 00:11:06,550
the upside.
187
00:11:07,210 --> 00:11:07,600
Okay.
188
00:11:09,720 --> 00:11:10,660
How high?
189
00:11:11,180 --> 00:11:13,280
Okay, swing and pull back to the upside.
190
00:11:14,780 --> 00:11:16,610
Swing and pull back to the outside.
191
00:11:17,980 --> 00:11:18,340
Okay.
192
00:11:23,610 --> 00:11:26,310
Reaching higher highs and leads to the upside.
193
00:11:27,980 --> 00:11:29,840
High highs and high winds to the upside.
194
00:11:31,450 --> 00:11:39,700
So how was seeing looked at the chart I you've seen that this market is in an option.
195
00:11:39,700 --> 00:11:44,050
The market is going upwards and is creating high highs and high low.
196
00:11:44,530 --> 00:11:45,700
What do you do next?
197
00:11:46,330 --> 00:11:51,580
The next thing you have to do is to mark up your support, least an area.
198
00:11:52,030 --> 00:11:58,930
And as I said, remember I told you that in an uptrend in market, the higher highs are resistant the
199
00:11:58,930 --> 00:12:04,530
way they have low sound and the support area here, the markets went up created higher high here and
200
00:12:04,540 --> 00:12:15,330
this is a distant area okay replace are our resistance line there and the here this is support in.
201
00:12:16,480 --> 00:12:16,840
Okay.
202
00:12:18,810 --> 00:12:20,040
This is so much area here.
203
00:12:21,060 --> 00:12:23,160
Now, this market started going up from here.
204
00:12:24,300 --> 00:12:28,530
They created a new high here and a new resistance area here.
205
00:12:29,310 --> 00:12:29,730
Brooke?
206
00:12:29,730 --> 00:12:32,460
Positive, just an area formed.
207
00:12:33,990 --> 00:12:35,310
And you have a high here.
208
00:12:35,910 --> 00:12:46,440
And Kim, back to this in this area of previous liberal resistance don't support to resist.
209
00:12:47,010 --> 00:12:51,660
Okay so this is this is the area we have to look to to the upside.
210
00:12:52,470 --> 00:12:52,830
Okay.
211
00:12:53,280 --> 00:12:54,520
So what do you do next?
212
00:12:54,540 --> 00:12:56,760
You wait for an engulfing candle to form.
213
00:12:58,110 --> 00:13:00,210
With funding often kind of to form.
214
00:13:00,210 --> 00:13:03,540
So all 18 bar depending on the signal you're looking for.
215
00:13:03,570 --> 00:13:10,620
Some people look for engulfing candles and some people look for them, but people look for different
216
00:13:10,620 --> 00:13:13,530
types of candles to signal.
217
00:13:13,800 --> 00:13:14,060
Okay.
218
00:13:14,400 --> 00:13:22,770
But I think the engulfing candle is reliable when it comes to trend trading.
219
00:13:22,770 --> 00:13:27,580
The trend option, the market's okay if you are trading the trend.
220
00:13:27,840 --> 00:13:30,900
The engulfing candle is a very good.
221
00:13:33,510 --> 00:13:38,130
A candlestick signal for you to enter the trend and the trade alongside the trend.
222
00:13:38,220 --> 00:13:41,790
Okay here you're going to see here and engulfing candle formed here.
223
00:13:42,810 --> 00:13:43,110
Okay.
224
00:13:43,650 --> 00:13:48,260
So I entered my trade around this fleece, okay?
225
00:13:48,960 --> 00:13:56,580
And placed my stop loss below this price here, the support area and below the price.
226
00:13:57,240 --> 00:13:57,600
Okay.
227
00:13:58,140 --> 00:14:04,800
And that the market would have gone up in direction of the trend in my favor to form a new higher high
228
00:14:04,800 --> 00:14:05,000
here.
229
00:14:05,010 --> 00:14:07,320
I would have made some money out of this market.
230
00:14:07,890 --> 00:14:08,220
Okay.
231
00:14:08,820 --> 00:14:10,490
Market went up from the new high.
232
00:14:10,500 --> 00:14:10,800
High.
233
00:14:12,340 --> 00:14:13,330
You broke this story.
234
00:14:13,330 --> 00:14:14,110
Just an idea.
235
00:14:15,250 --> 00:14:17,020
I want to read something that is broken.
236
00:14:17,290 --> 00:14:18,340
It goes to your support.
237
00:14:18,610 --> 00:14:18,940
Okay.
238
00:14:19,240 --> 00:14:20,320
So what's the market?
239
00:14:20,320 --> 00:14:21,340
Briggs, this area.
240
00:14:22,300 --> 00:14:29,650
I'll be waiting for you to come back to this area to test I support before I buy to the upside again.
241
00:14:29,860 --> 00:14:31,090
So I'll be waiting.
242
00:14:32,320 --> 00:14:34,540
Now, the market has come to this area.
243
00:14:35,230 --> 00:14:37,630
Created an engulfing candle here.
244
00:14:37,660 --> 00:14:38,830
Descend, engulfing candle.
245
00:14:39,400 --> 00:14:47,110
Okay, so I'll enter my shed once the engulfing candle has closed into my trade.
246
00:14:47,120 --> 00:14:55,750
So we're here and I will place my stop loss below the support area and below the price.
247
00:14:55,990 --> 00:14:57,220
Getting my stop loss will be here.
248
00:14:57,850 --> 00:14:59,470
Okay, so I see that.
249
00:14:59,470 --> 00:15:07,600
I see guys the markets now started going off to the upside and the is going in my direction that is
250
00:15:07,630 --> 00:15:10,090
I've made some money out of the market.
251
00:15:10,630 --> 00:15:10,900
Okay.
252
00:15:11,560 --> 00:15:13,450
So now the market's broke.
253
00:15:13,450 --> 00:15:17,050
These are these are.
254
00:15:18,580 --> 00:15:20,770
These high value here in Mumbai.
255
00:15:20,950 --> 00:15:23,230
My best friend in a higher high here.
256
00:15:23,240 --> 00:15:23,590
Sorry.
257
00:15:23,980 --> 00:15:25,420
The market from the high high here.
258
00:15:25,900 --> 00:15:26,290
Okay.
259
00:15:26,860 --> 00:15:30,070
The markets broke above these high, high here.
260
00:15:31,170 --> 00:15:33,450
After coming to this area for the second.
261
00:15:33,450 --> 00:15:35,190
Can you make a book about this?
262
00:15:35,410 --> 00:15:45,240
Hey, Nikki formed a new heart and came back to this area of the previous liberal resistance which has
263
00:15:45,240 --> 00:15:46,410
now Tom support.
264
00:15:46,770 --> 00:15:50,430
This resistance has been broken and it has not done to support.
265
00:15:50,670 --> 00:15:59,100
So we look for an opportunity to buy in the national trend I think I see here guys days and engulfing
266
00:15:59,100 --> 00:15:59,730
kind of here.
267
00:16:00,670 --> 00:16:04,170
It was you see that engulfing candle.
268
00:16:04,620 --> 00:16:06,690
You enter your trade in direction of the trend.
269
00:16:07,050 --> 00:16:07,380
Okay.
270
00:16:08,220 --> 00:16:09,540
You know, and I'm.
271
00:16:10,860 --> 00:16:18,150
Once the engulfing candle has finished forming like this engulfing candle has finished forming into
272
00:16:18,210 --> 00:16:18,980
a bi.
273
00:16:18,990 --> 00:16:28,320
So the upside and my stop loss will be below the support area and below the price.
274
00:16:28,590 --> 00:16:28,890
Okay.
275
00:16:29,250 --> 00:16:34,470
So as we know that for you based on the here kind of market went up in national descent that would have
276
00:16:34,470 --> 00:16:35,220
made some money.
277
00:16:35,550 --> 00:16:35,910
Okay.
278
00:16:36,660 --> 00:16:38,730
So now the market broke this higher high here.
279
00:16:39,540 --> 00:16:43,670
This is in a distant area and also how high the market brought this high.
280
00:16:44,340 --> 00:16:46,230
So I know that the market has broken this.
281
00:16:46,650 --> 00:16:53,850
What I'll be waiting for is for the market to form a new higher high and come back to the area of the
282
00:16:53,850 --> 00:16:56,400
previously broken our high to test as support.
283
00:16:56,880 --> 00:17:03,660
Okay, so the market went up here from the new higher highs over here and it came back.
284
00:17:04,200 --> 00:17:11,000
Coming back to the area of the previously broken high, which has not done to support area.
285
00:17:11,010 --> 00:17:17,880
So the market came down here and created an engulfing kind of here again created an engulfing condo
286
00:17:18,540 --> 00:17:23,670
after the formation of the engulfing condo out and damaged in direction of the trend.
287
00:17:24,270 --> 00:17:26,880
The trend is going upward, so therefore I will buy.
288
00:17:27,480 --> 00:17:34,410
Okay, so I might buy shed and I would place my stop loss below the support area.
289
00:17:34,860 --> 00:17:40,350
Okay, here, I'll fly the formation of this an engulfing candlestick here.
290
00:17:40,590 --> 00:17:42,300
And that fell by what?
291
00:17:42,300 --> 00:17:46,440
You know, guys, the market went up in direction of the trend.
292
00:17:46,590 --> 00:17:56,190
Okay, so that is how you trade and often the market, you wait for the market to pull back to this
293
00:17:56,190 --> 00:17:57,000
upward areas.
294
00:17:57,420 --> 00:17:57,840
Okay.
295
00:17:58,230 --> 00:18:05,460
When the market comes to the support areas and forms a candlestick signal, you can enter your trade
296
00:18:05,640 --> 00:18:06,390
for a buy.
297
00:18:06,420 --> 00:18:08,790
You only buy in an option.
298
00:18:08,790 --> 00:18:11,400
The markets, you only buy an option the market.
299
00:18:11,670 --> 00:18:12,030
Okay.
300
00:18:12,660 --> 00:18:14,340
So let's look for one more example.
301
00:18:15,260 --> 00:18:17,450
Okay, guys, this is a perfect example.
302
00:18:18,170 --> 00:18:19,640
This is GDP.
303
00:18:20,780 --> 00:18:22,220
You as the daily chart.
304
00:18:22,820 --> 00:18:25,980
I see this market is in the appeal options.
305
00:18:26,960 --> 00:18:30,020
Christine high highs and high news.
306
00:18:31,060 --> 00:18:34,450
You've got option two creating higher highs and hollows.
307
00:18:35,120 --> 00:18:37,600
Putin shrinks ample box to the offside.
308
00:18:38,210 --> 00:18:49,270
Okay then the higher highs are the resistant areas while the high lose the support areas and in an uptrend
309
00:18:49,280 --> 00:18:49,910
in market.
310
00:18:50,540 --> 00:18:59,270
We only focus at the support areas because that is those are the areas we will be waiting to buy in
311
00:18:59,270 --> 00:19:01,030
direction of the trend here.
312
00:19:01,040 --> 00:19:04,870
The market formed a higher high which is in this area.
313
00:19:05,570 --> 00:19:05,810
Okay.
314
00:19:06,650 --> 00:19:10,640
And here the market formed a high low, which is.
315
00:19:13,500 --> 00:19:14,240
Support area.
316
00:19:14,390 --> 00:19:23,560
So this month I start from here he went to the upside, came back, would buy the form hello and seemed
317
00:19:23,570 --> 00:19:29,180
up again to break this previously higher high which is a resistant area.
318
00:19:29,960 --> 00:19:33,140
The market broke just an area to the upside.
319
00:19:33,350 --> 00:19:33,740
Okay.
320
00:19:33,740 --> 00:19:35,360
And created a new high high here.
321
00:19:35,930 --> 00:19:36,260
Okay.
322
00:19:37,040 --> 00:19:43,820
Now, he said, going back to the area of this previously broken resistant area to test this support.
323
00:19:44,390 --> 00:19:44,780
Okay.
324
00:19:44,930 --> 00:19:47,420
It comes back to that area, to this a support here.
325
00:19:47,990 --> 00:19:50,060
What will you do to end that destroyed?
326
00:19:50,090 --> 00:19:52,610
You look for candlestick signals.
327
00:19:52,730 --> 00:19:54,580
You can look for an engulfing candle.
328
00:19:54,590 --> 00:19:56,240
I've seen one engulfing kind somewhere.
329
00:19:56,240 --> 00:19:56,870
Here there is.
330
00:19:58,030 --> 00:19:58,300
Okay.
331
00:19:58,430 --> 00:20:02,900
I'll seen an engulfing candle here so I can just.
332
00:20:02,900 --> 00:20:08,330
And that it should immediately after the formation of this engulfing candle.
333
00:20:08,930 --> 00:20:10,850
Okay, now, let's assume.
334
00:20:10,850 --> 00:20:18,290
And that is trade for a buy and place my stop loss below the support area.
335
00:20:19,010 --> 00:20:19,430
Okay.
336
00:20:19,820 --> 00:20:21,470
And that fell by the market.
337
00:20:21,470 --> 00:20:25,640
And I started going up and markets went up in direction of this trend.
338
00:20:25,820 --> 00:20:26,210
Okay.
339
00:20:26,330 --> 00:20:30,170
That means I have one destroyed and I have made some money.
340
00:20:30,710 --> 00:20:31,040
Okay.
341
00:20:31,400 --> 00:20:33,800
Your market went up to the international trend.
342
00:20:34,370 --> 00:20:34,730
Okay.
343
00:20:35,240 --> 00:20:40,220
And broke this resistant area, which is this high, a high here.
344
00:20:40,700 --> 00:20:44,540
You broke these high, high and formed in you have high.
345
00:20:44,540 --> 00:20:46,070
Here was new.
346
00:20:46,190 --> 00:20:47,210
High was formed.
347
00:20:47,600 --> 00:20:49,490
That is a new resistance area.
348
00:20:49,760 --> 00:20:50,060
Okay.
349
00:20:50,960 --> 00:20:58,070
What's price gets it is how high price that I pulling back to the area of the previously broken high
350
00:20:58,070 --> 00:21:03,110
high to the area of the previously broken resistant area to this as support.
351
00:21:03,290 --> 00:21:03,650
Okay.
352
00:21:03,860 --> 00:21:05,960
It came here to this a support.
353
00:21:07,130 --> 00:21:08,930
What should we do?
354
00:21:08,930 --> 00:21:13,430
We'll be waiting for a candlestick signal for us to enter.
355
00:21:13,820 --> 00:21:14,720
If you check here.
356
00:21:14,780 --> 00:21:17,510
Now, this looks like a team bar.
357
00:21:18,070 --> 00:21:23,480
Okay, so I can enter this trade after the formation of this member.
358
00:21:24,740 --> 00:21:27,350
Once this member has finished for me.
359
00:21:28,010 --> 00:21:33,310
Let me, as I entered this trade to the upside for ABI because the trend is going upwards.
360
00:21:33,320 --> 00:21:43,100
So I only buy so Azuma and that is this trend for ABI and the market not started going up okay and I
361
00:21:43,100 --> 00:21:47,720
started going up to this place and that is a winning trade for me too.
362
00:21:48,200 --> 00:21:48,590
Okay.
363
00:21:49,040 --> 00:21:52,280
And I'll place my stop loss below the support areas.
364
00:21:52,820 --> 00:21:53,150
Okay.
365
00:21:53,570 --> 00:22:02,030
So when you understand the direction the market is heading to, that will give you a high probability
366
00:22:02,030 --> 00:22:06,950
trade and it will also give you a very, very good edge in the market.
367
00:22:07,250 --> 00:22:07,570
Okay.
368
00:22:07,940 --> 00:22:11,390
If the market is going upwards, you only have to buy.
369
00:22:11,960 --> 00:22:15,500
And then when the market is coming downwards, you only sell.
370
00:22:15,680 --> 00:22:19,460
Okay, in an option the market you only have to buy.
371
00:22:20,960 --> 00:22:23,360
I know that you guys are close to what I'm trying to say.
372
00:22:23,450 --> 00:22:29,720
Well, if you don't understand it, I recommend you watch this video over and over again.
373
00:22:30,020 --> 00:22:30,380
Okay.
374
00:22:30,860 --> 00:22:32,120
Let me ask this one more time.
375
00:22:32,990 --> 00:22:34,760
The market is in an uptrend.
376
00:22:34,760 --> 00:22:37,880
The market creates higher highs and higher lose.
377
00:22:38,780 --> 00:22:41,420
And often the market creates higher highs and higher.
378
00:22:41,780 --> 00:22:42,140
Okay.
379
00:22:42,380 --> 00:22:48,080
And the higher highs and resistance areas, while the higher lose out of support is okay.
380
00:22:48,350 --> 00:22:55,670
And when it is broken, which is a resistance area is broken, the market comes back to that area of
381
00:22:55,670 --> 00:22:59,180
the previously broken resistance area to test as support.
382
00:22:59,690 --> 00:23:07,940
Okay, those areas, no support areas and areas will be looking to buy the market in direction of the
383
00:23:07,940 --> 00:23:15,170
trend in an uptrend the market when the market is trending upwards, we only focus on the support areas
384
00:23:15,170 --> 00:23:18,380
so that we can be able to buy in direction of the trend.
385
00:23:18,710 --> 00:23:25,010
So let's assume here the market was making higher highs and had okay, the market went up after pulling
386
00:23:25,010 --> 00:23:25,760
back to this area.
387
00:23:25,760 --> 00:23:33,050
The market went up, broke this higher high, which is a resistant area.
388
00:23:33,560 --> 00:23:33,930
Okay.
389
00:23:34,160 --> 00:23:40,520
Went up, came back to that area, pulled back after going up it pulled back to that area of the previously
390
00:23:40,520 --> 00:23:48,480
broken higher high because the broken resistance which is not support come here to test I support okay
391
00:23:48,560 --> 00:23:54,200
that is we will be focusing to entry trade once the market comes back to this support areas.
392
00:23:54,590 --> 00:23:59,660
The next time we wait for is for the candlestick signal to form.
393
00:24:00,200 --> 00:24:07,070
Okay the candlestick signal to form which for an engulfing candle can wait for a pemba I can even wait
394
00:24:07,070 --> 00:24:08,270
for a pattern.
395
00:24:08,600 --> 00:24:08,990
Okay.
396
00:24:09,320 --> 00:24:10,580
A chart pattern to form.
397
00:24:10,580 --> 00:24:11,990
You can wait for patterns like.
398
00:24:13,040 --> 00:24:14,420
Double bottoms.
399
00:24:14,450 --> 00:24:14,780
Okay.
400
00:24:15,200 --> 00:24:18,770
Now, for example, here the market formed a double bottom here.
401
00:24:19,610 --> 00:24:23,900
Those here for the first time and post hit even a triple bottom.
402
00:24:23,900 --> 00:24:29,920
It not shared the first time to share the second time and to share it all time before going up.
403
00:24:29,930 --> 00:24:36,230
So someone that shares the market by down would have entered this trade for a buyer to the upside and
404
00:24:37,010 --> 00:24:40,130
the person would have made some money out of this market.
405
00:24:40,640 --> 00:24:45,020
Also here, the markets are going up again and it wasn't entirely a trade.
406
00:24:45,410 --> 00:24:46,550
I do support areas.
407
00:24:46,550 --> 00:24:47,720
The markets are going up.
408
00:24:48,890 --> 00:24:55,070
And remember, guys, a higher high here, which is an assistant area near Marquette.
409
00:24:55,070 --> 00:24:58,700
Winthrop broke this resistant area.
410
00:24:59,780 --> 00:25:04,820
Formed a new higher house on May eight somewhere here, and came down to the area of the previously
411
00:25:04,820 --> 00:25:07,750
broken resistance area to test as support.
412
00:25:08,360 --> 00:25:08,660
Okay.
413
00:25:09,880 --> 00:25:12,520
You can see, guys, a pattern here.
414
00:25:13,300 --> 00:25:15,670
Kind Candlestick Park, which is known as the timber.
415
00:25:16,690 --> 00:25:19,060
He has been born here.
416
00:25:19,690 --> 00:25:25,450
And there's also a ShotSpotter, which is known as a double bottom.
417
00:25:25,700 --> 00:25:27,430
Look at the show.
418
00:25:27,430 --> 00:25:29,350
The first one went off.
419
00:25:29,640 --> 00:25:35,020
Thus the second time you enter it by and the market moves in your favor.
420
00:25:35,290 --> 00:25:35,650
Okay.
421
00:25:36,130 --> 00:25:37,270
So I don't know.
422
00:25:38,080 --> 00:25:42,340
Just to watch this video over and over again, Richard, I can't understand what I'm trying to say.
423
00:25:43,360 --> 00:25:43,780
Okay.
424
00:25:43,900 --> 00:25:46,270
When the market is going upwards.
425
00:25:47,210 --> 00:25:50,450
When the market is trending upwards, you only buy.
426
00:25:50,860 --> 00:25:54,830
Okay, so, guys, this is where I always stop.
427
00:25:54,950 --> 00:26:02,060
This video in next video, we'll be talking about how to tread the downtrend in markets.
428
00:26:02,310 --> 00:26:02,660
Okay.
429
00:26:03,920 --> 00:26:05,160
Thank you for watching, guys.
430
00:26:05,180 --> 00:26:06,620
I'll see you in the next video.
431
00:26:07,220 --> 00:26:07,640
Bye.
35640
Can't find what you're looking for?
Get subtitles in any language from opensubtitles.com, and translate them here.