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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:00,170 --> 00:00:09,960 Model 6.2 is the turn the turn has been covered previously and divided into the V-shaped turn and the 2 00:00:09,960 --> 00:00:15,920 U-shaped turn the benchmark for our entries is to turn OK. 3 00:00:17,070 --> 00:00:21,310 Conservative traders wait to place the traits after the turn. 4 00:00:21,660 --> 00:00:27,110 And if you are more aggressive you may jump in earlier before the turn to get a better entry. 5 00:00:27,240 --> 00:00:30,190 So let's go deeper into the turn. 6 00:00:30,960 --> 00:00:33,590 Let me draw a scenario for you here. 7 00:00:34,200 --> 00:00:42,330 Let's say when the Duntroon K strong healthy doctrine the market starts to make a pullback 8 00:00:47,480 --> 00:00:58,490 it's creating a corrective wave that finally it continues to the downside. 9 00:01:00,070 --> 00:01:10,540 OK so let's say we are on this corrective pullback and we're trying to find a spot to re-enter and get 10 00:01:10,540 --> 00:01:12,230 into the short aswell. 11 00:01:13,720 --> 00:01:14,510 OK. 12 00:01:14,900 --> 00:01:23,640 This right here where the vertical line is much the turn 2 direction is obviously going to the downside. 13 00:01:24,040 --> 00:01:29,790 And we have the momentum going against us for a while. 14 00:01:29,980 --> 00:01:34,690 When you enter before the turn you're going against momentum. 15 00:01:34,780 --> 00:01:36,210 You're being aggressive. 16 00:01:36,460 --> 00:01:38,610 So you can get a better entry. 17 00:01:38,890 --> 00:01:39,340 Right. 18 00:01:39,490 --> 00:01:42,740 Well we'll go over that in details in the next model. 19 00:01:43,180 --> 00:01:51,190 And if you're going to enter after this turn red this confirmation of momentum change you're being more 20 00:01:51,190 --> 00:01:56,040 conservative because you wait later on to get into the game. 21 00:01:56,080 --> 00:02:01,850 Rather we hear if they're more aggressive you've got to be placing a limit. 22 00:02:01,840 --> 00:02:06,960 OROSZ somewhere on this up move right. 23 00:02:06,980 --> 00:02:11,140 The stop loss has to be above the lowest level. 24 00:02:11,200 --> 00:02:18,640 Barry there are pros and cons to being aggressive or conservative and it's totally up to you which method 25 00:02:19,060 --> 00:02:21,800 you want to choose. 26 00:02:22,210 --> 00:02:25,220 Let's go to the charts now to see some real examples. 27 00:02:26,410 --> 00:02:35,030 Kate Girsh to analyze this part of the move on those trillion dollar debt we have direction to the downside. 28 00:02:35,450 --> 00:02:38,950 It's form in positive ways. 29 00:02:40,160 --> 00:02:43,670 So at this stage we're looking to enter a pullback 30 00:02:47,570 --> 00:02:48,280 Okay. 31 00:02:49,970 --> 00:02:51,830 And this marks the turn in price 32 00:02:54,840 --> 00:03:03,140 to is highest peak and transform this along with the market to turn right. 33 00:03:03,290 --> 00:03:12,840 You may choose to enter anywhere before the term you're more aggressive or after the term if you're 34 00:03:12,840 --> 00:03:15,160 more conservative. 35 00:03:15,350 --> 00:03:17,860 It's as simple as that. 36 00:03:18,030 --> 00:03:19,560 Here's another scenario. 37 00:03:20,290 --> 00:03:23,710 Imagine you're reading stung friend Kay price made a pullback 38 00:03:27,110 --> 00:03:29,390 Can you spot the turn. 39 00:03:29,440 --> 00:03:40,630 Reggie Doyle levels were sitting on previous support and resistance and we have another level here. 40 00:03:40,800 --> 00:03:41,730 The supply level 41 00:03:44,540 --> 00:03:50,390 the price trend for a while here imagine all this hasn't happened on the right side. 42 00:03:50,990 --> 00:03:57,830 This is where we draw a vertical red line too much to turn anything more aggressive. 43 00:03:57,830 --> 00:04:04,080 You can enter on this up move here when there's a mini uptrend and momentum is going up. 44 00:04:04,980 --> 00:04:11,650 Dan which stock lost above the last level Barry if you're Mogens over this you will have to turn happens 45 00:04:12,410 --> 00:04:21,420 and this case here after this red line tries meet the high game. 46 00:04:21,580 --> 00:04:24,350 Turns out that this is the new turn. 47 00:04:25,780 --> 00:04:33,190 Same thing placed a limit order if you're trading it for the turn and if you truly after the turn you 48 00:04:33,190 --> 00:04:36,150 look for more set ups on this side of the move here 49 00:04:40,650 --> 00:04:43,290 and now let's get into the different types of entries. 4729

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