Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated:
1
00:37:23,248 --> 00:37:28,248
so you may hear me refer to
minor breaks of structure or
2
00:35:40,608 --> 00:35:44,648
okay now the internal structure
stays bullish for a fair amount
3
00:33:58,928 --> 00:34:03,448
is price came down it moved up
it came down it moved up and
4
00:32:16,728 --> 00:32:19,248
it for supply and demand those
as well I'm getting a little
5
00:37:42,848 --> 00:37:45,328
you help you to keep things
simple but if you're a little
6
00:35:34,088 --> 00:35:36,368
would be the bearish change of
character from that wick there
7
00:35:11,688 --> 00:35:14,628
bearish or switches from
bearish to bullish that would
8
00:36:30,768 --> 00:36:34,208
that makes sense of kind of how
I map the internal structure
9
00:35:09,048 --> 00:35:11,688
that internal structure
switches from bullish to
10
00:35:44,648 --> 00:35:49,588
until what so this is where we
came down right remember we
11
00:36:13,788 --> 00:36:18,208
most recent high I have it on
the nearest inside bar so then
12
00:34:56,968 --> 00:35:00,248
hopefully you're understanding
how sort of to read internal
13
00:34:32,148 --> 00:34:35,548
understand how to read the
internal price action because
14
00:36:53,548 --> 00:36:56,068
to bullish and we essentially
use that to signal that a
15
00:35:06,288 --> 00:35:09,048
structure break all I care
about is the first time that
16
00:35:38,608 --> 00:35:40,608
signals that potentially we're
going to be pulling back now
17
00:32:12,088 --> 00:32:14,648
with it it's just to help you
and it can really help you for
18
00:37:05,068 --> 00:37:07,868
can kind of use a mechanical
method for that and then from
19
00:37:40,168 --> 00:37:42,848
as minor structure so yeah
hopefully that's kind of help
20
00:37:37,448 --> 00:37:40,168
and the internal structure and
essentially just refer to that
21
00:34:53,448 --> 00:34:55,128
so I'm going to leave that
there not going to keep going
22
00:32:25,128 --> 00:32:27,608
tells me is when I see that
it's it's it's part of the
23
00:34:18,628 --> 00:34:21,868
my charts I would be waiting
right for this high to go for
24
00:32:38,188 --> 00:32:44,368
our nearest internal high right
and then we can shift this down
25
00:37:13,308 --> 00:37:16,948
in depth chart walk throughs
okay so just remember as well
26
00:37:01,788 --> 00:37:05,068
we're going to look at how I
map swing structure and how you
27
00:37:31,168 --> 00:37:33,528
what we've gone through today
in this lesson it's just the
28
00:36:03,548 --> 00:36:06,188
stay bearish the entire time
and then we continued trading
29
00:37:16,948 --> 00:37:20,048
I've added this this kind of
this lesson and next lesson in
30
00:37:10,508 --> 00:37:13,308
them both together and we're
going to kind of do this full
31
00:31:33,948 --> 00:31:36,828
the pullback okay so these are
inside bars if you don't know
32
00:35:28,308 --> 00:35:34,088
took out that internal low to
make a lower low okay so that
33
00:35:49,588 --> 00:35:53,228
came up and then we moved down
right so then this was my
34
00:30:34,548 --> 00:30:38,068
you refer back to that little
diagram I have which shows you
35
00:31:51,148 --> 00:31:54,068
inside bar that trades in
between the the high and low of
36
00:34:55,128 --> 00:34:56,968
because I don't want this video
to be you know hours long
37
00:31:08,848 --> 00:31:11,208
internal structure is still
bearish to basically sit in my
38
00:35:17,108 --> 00:35:20,388
on so like you see how price
came up it pulled back to form
39
00:35:56,468 --> 00:35:58,988
did price come up and break it
I don't think it did no it
40
00:31:43,508 --> 00:31:46,348
this on see how it trades
within this high here and this
41
00:32:35,628 --> 00:32:38,188
stay up here it becomes this
high here right because this is
42
00:35:14,628 --> 00:35:17,108
be my change of character okay
so we can label some of these
43
00:31:46,348 --> 00:31:48,748
low here that makes an inside
bar and then you see how the
44
00:36:45,408 --> 00:36:50,468
use this in live market is only
look for when that internal
45
00:36:56,068 --> 00:36:59,708
pullback may be starting or a
pullback maybe ending okay so
46
00:33:14,328 --> 00:33:16,848
exactly the same and put it
there but this is where I am
47
00:35:53,228 --> 00:35:56,468
internal high this was my
internal low but what happened
48
00:29:39,588 --> 00:29:42,428
happening right okay now we
have taken out that internal
49
00:32:27,608 --> 00:32:32,148
pullback this point okay so now
we have a break of the internal
50
00:36:18,208 --> 00:36:20,368
this was here price pulled all
the way back up but it never
51
00:37:48,308 --> 00:37:51,548
few times and then as we go
through the next lessons the
52
00:28:31,108 --> 00:28:34,188
obvious in this regard because
this would be that internal low
53
00:33:34,068 --> 00:33:38,728
dowel move. Part of the up
mover case and now we've
54
00:31:39,388 --> 00:31:43,508
prior candles high or low so it
trade its within to if I draw
55
00:34:15,788 --> 00:34:18,628
bullish this would be the level
that I would have marked out on
56
00:30:19,308 --> 00:30:21,588
but because this was the last
candle to not break that prior
57
00:34:37,908 --> 00:34:39,868
character perspective or from
an internal structure
58
00:35:36,368 --> 00:35:38,608
that I would then mark on and
what is that signal that
59
00:31:05,768 --> 00:31:08,848
fail to break the prior candles
low that's fine but the
60
00:37:28,248 --> 00:37:31,168
substructure breaks but all of
that all I'm referring to is
61
00:27:53,708 --> 00:27:56,188
come to this or maybe you've
had other different ways of
62
00:31:30,228 --> 00:31:33,948
move then these two candles are
white candles they are part of
63
00:35:22,548 --> 00:35:25,788
internal high high but then
what happened then we took out
64
00:34:21,868 --> 00:34:24,948
there to be a bullish change of
character okay so I'm not I'm
65
00:28:15,348 --> 00:28:18,748
mechanical way to look at the
internal price action so at the
66
00:34:03,448 --> 00:34:06,368
then all of these candles broke
the prior candles low okay so
67
00:28:21,068 --> 00:28:24,068
internal high and I just look
back to see where is my most
68
00:36:01,228 --> 00:36:03,548
never got a bullish change of
character internal structure
69
00:33:47,288 --> 00:33:50,648
we can now draw that down to
here whereas our most recent
70
00:35:58,988 --> 00:36:01,228
didn't break it remember it
didn't break above it so we
71
00:37:51,548 --> 00:37:54,788
penny will start to drop and
you'll see how we read price
72
00:28:18,748 --> 00:28:21,068
moment this would be kind of my
my highest point right my
73
00:36:06,188 --> 00:36:09,148
to the downside right all of
these candles here broke the
74
00:33:22,968 --> 00:33:27,128
become my newest my nearest
internal high okay and now this
75
00:36:37,888 --> 00:36:40,888
clearer than that if it is a
little bit confusing watch it
76
00:28:24,068 --> 00:28:26,708
recent so remember for internal
structure we're always looking
77
00:37:45,328 --> 00:37:48,308
bit confused don't worry watch
this a few watch this through a
78
00:32:19,248 --> 00:32:22,168
bit ahead of myself but
essentially these these candles
79
00:37:33,528 --> 00:37:37,448
internal structure okay so all
I care about is the big swings
80
00:36:50,468 --> 00:36:53,548
structure shifts from either
bullish to bearish or bearish
81
00:34:39,868 --> 00:34:42,588
perspective is when I'm looking
for obviously we're bearish at
82
00:30:17,108 --> 00:30:19,308
inside bars here which is when
it gets a bit confusing right
83
00:36:40,888 --> 00:36:45,408
as many times as you need but
essentially how we're going to
84
00:34:50,568 --> 00:34:53,448
make another lower low and then
that becomes our new range okay
85
00:29:58,148 --> 00:30:01,268
point okay from from where this
movement is so if we look at
86
00:32:52,968 --> 00:32:55,008
that prior candles high so now
we just wait for either the
87
00:34:09,048 --> 00:34:13,208
lower high is up here okay so
at this point if the internal
88
00:29:27,348 --> 00:29:30,388
formed a high high now we can
bring this upwards to our most
89
00:33:19,608 --> 00:33:22,968
recent inside bar if there is
one okay so this for me would
90
00:35:25,788 --> 00:35:28,308
that I'll just mark out with
the choc line right we then
91
00:37:20,048 --> 00:37:23,248
add hawk to the course so since
the course was initially filmed
92
00:33:16,848 --> 00:33:19,608
even more aggressive okay and
I'll always take the most
93
00:27:04,548 --> 00:27:07,308
structure to switch bullish
okay so when we get that okay
94
00:29:06,928 --> 00:29:09,928
prior candles high it's all
part of the out move next
95
00:27:34,408 --> 00:27:37,648
always pick the lowest and when
it's here we would always pick
96
00:26:49,708 --> 00:26:54,188
here the internal low now where
is my nearest internal high
97
00:34:42,588 --> 00:34:44,888
the moment on the internal
structure but I'm waiting for
98
00:27:20,008 --> 00:27:23,328
want to pick the nearest high
that took out the internal low
99
00:36:20,368 --> 00:36:23,488
broke that internal high right
so it stayed bearish the entire
100
00:35:00,248 --> 00:35:03,168
structure but what you'll see
as we go through the course is
101
00:33:06,968 --> 00:33:11,888
lower low okay so at this point
where is our most recent high
102
00:29:30,388 --> 00:29:33,828
recent low okay so it seems
quite simple but there are some
103
00:29:16,708 --> 00:29:22,108
the up move. Okay now we have
pulled back okay so now we are
104
00:29:04,368 --> 00:29:06,928
to here and play the next
candle okay that break the
105
00:37:07,868 --> 00:37:10,508
the videos then onwards we're
going to look at how we combine
106
00:32:55,008 --> 00:33:01,288
high or the low to go that get
wicked looks like it didn't it
107
00:36:59,708 --> 00:37:01,788
I'm going to leave this video
here now in the next video
108
00:31:48,748 --> 00:31:51,148
next candle is white as well
and that's because it's another
109
00:32:02,608 --> 00:32:05,888
think I use like what's by this
guy here but they're all pretty
110
00:28:38,388 --> 00:28:42,548
forward and wait for price to
shift okay so now we have
111
00:26:54,188 --> 00:26:56,788
right it's not the highest one
it's the nearest one so now
112
00:29:33,828 --> 00:29:36,188
price section examples where it
can get a little bit more
113
00:36:27,048 --> 00:36:30,768
yeah we've just continued to
stay bearish okay so hopefully
114
00:30:01,268 --> 00:30:07,388
what the price action occurred
we had a movement up right then
115
00:34:13,208 --> 00:34:15,788
structure right obviously it's
bearish it was to switch
116
00:31:21,328 --> 00:31:26,468
recent internal high now it's
this candle here okay so that
117
00:34:44,888 --> 00:34:47,328
it to switch bullish if I was
looking you know for that for
118
00:34:27,308 --> 00:34:29,788
and constantly adjusting it
with price and a live market
119
00:27:26,368 --> 00:27:29,128
this high and we're waiting for
it to switch bearish we need to
120
00:36:34,208 --> 00:36:37,888
you know yeah I I I don't know
how if I can explain it any
121
00:29:48,308 --> 00:29:51,508
bearish this is what I call a
change of character right so
122
00:26:27,008 --> 00:26:29,088
make it just to show you when
it's a little bit more don't
123
00:31:54,068 --> 00:31:57,748
that inside bar okay so I use
an indicator for this if you go
124
00:35:20,388 --> 00:35:22,548
that internal lower low and
then went up to form that
125
00:29:24,988 --> 00:29:27,348
for the internal high okay now
it's been wicked okay so we
126
00:35:03,168 --> 00:35:06,288
I'm not drawing on all of that
I'm not marking every internal
127
00:31:36,828 --> 00:31:39,388
already an inside bar is a
candle that fails to break the
128
00:26:35,368 --> 00:26:38,368
this point because that was the
last high that took out a low
129
00:31:18,568 --> 00:31:21,328
lower low so I'd mark that
there but where is my most
130
00:33:50,648 --> 00:33:53,728
high is this point here okay so
we don't put it all the way up
131
00:36:09,148 --> 00:36:11,828
prior candles low it's all part
of the down move so that point
132
00:31:03,688 --> 00:31:05,768
that pullback right with
internal structure because we
133
00:33:04,808 --> 00:33:06,968
bearish on the internal
structure and now we formed a
134
00:29:22,108 --> 00:29:24,988
potentially well we're just
pulling back so we just wait
135
00:32:50,728 --> 00:32:52,968
now we have that pull back
right because it fails to break
136
00:36:11,828 --> 00:36:13,788
this is where I'm very very
aggressive with where I mark my
137
00:36:23,488 --> 00:36:27,048
time and then we broke this low
okay and then this is where
138
00:34:06,368 --> 00:34:09,048
it's all part of the down move
so our most recent internal
139
00:30:53,268 --> 00:30:56,908
right now that's part of the
down move
140
00:26:32,088 --> 00:26:35,368
let's say right so currently
this would be our high right at
141
00:34:24,948 --> 00:34:27,308
not mapping out the internal
high and internal low like this
142
00:26:01,948 --> 00:26:04,588
getting that bullish change of
character so this is the high
143
00:34:29,788 --> 00:34:32,148
the reason why we're doing this
exercise is so you can
144
00:34:47,328 --> 00:34:50,568
that bullish change of
character okay so now again we
145
00:34:35,548 --> 00:34:37,908
remember all I am interested in
really from a change of
146
00:28:50,208 --> 00:28:53,128
the high or low to be wicked
okay now we've licked wicked
147
00:26:04,588 --> 00:26:09,768
currently okay now if price
then comes down right and then
148
00:26:09,768 --> 00:26:13,128
takes a low where is my nearest
internal high it's going to be
149
00:33:53,728 --> 00:33:55,768
to here like we would with
swing structure we look for the
150
00:32:47,968 --> 00:32:50,728
of the down move they continue
to break the prior candles low
151
00:33:55,768 --> 00:33:58,928
nearest high okay because if
you look at price what happened
152
00:33:42,768 --> 00:33:47,288
wicked okay now we've taken out
that low to form a lower low so
153
00:33:38,728 --> 00:33:42,768
started that internal pullback
wait for the high or low to be
154
00:28:34,188 --> 00:28:38,388
okay so we can draw our low
from here so let's play this
155
00:28:10,108 --> 00:28:13,068
internal low so again forget
about swing structure right now
156
00:33:27,128 --> 00:33:34,068
becomes my most recent low part
of the down move. Part of the
157
00:32:22,168 --> 00:32:25,128
they fail to to break the pride
candles lower high so what that
158
00:27:47,068 --> 00:27:50,508
on repeat until it really sinks
in before moving on okay it
159
00:32:05,888 --> 00:32:07,928
much the same if you add that
to your charts you can see up
160
00:32:32,148 --> 00:32:35,628
low where is our nearest
internal high right it doesn't
161
00:33:11,888 --> 00:33:14,328
well you can take this high up
here which is pretty much
162
00:26:18,888 --> 00:26:21,328
up and takes out this high then
we've had the bullets change of
163
00:33:01,288 --> 00:33:04,808
trades exactly same it needs to
break it okay so we are still
164
00:27:31,768 --> 00:27:34,408
high okay swing structure is
different swing structure we
165
00:27:10,808 --> 00:27:14,008
can kind of start to see how I
view it where sometimes price
166
00:32:44,368 --> 00:32:47,968
here okay that that's part of
the down move right that's part
167
00:26:56,788 --> 00:27:00,548
this becomes my change of
character line this becomes my
168
00:26:23,648 --> 00:26:27,008
long okay but let me do the
other example right just to
169
00:32:07,928 --> 00:32:09,968
here will be over here and you
can hide it right that's what
170
00:32:14,648 --> 00:32:16,728
a few things as we get through
the course right because we use
171
00:30:40,548 --> 00:30:43,068
where we have that pull back
because this this candle first
172
00:32:09,968 --> 00:32:12,088
it looks like without it and
then that's what it looks like
173
00:30:28,508 --> 00:30:32,468
we go okay so this becomes our
internal high so it's a little
174
00:30:38,068 --> 00:30:40,548
what a minor high and a minor
low looks like right this is
175
00:31:57,748 --> 00:32:02,608
up to indicator and you just
search for inside bar right I
176
00:30:21,588 --> 00:30:24,868
candles low that is still a
pull back and then we go okay
177
00:30:10,388 --> 00:30:15,068
low so that's that's a pullback
right and then this candle also
178
00:30:58,628 --> 00:31:03,688
okay that's part of the down
move alright now we've had that
179
00:31:11,208 --> 00:31:15,008
hands and waiting for either
the high or the low to go okay
180
00:30:24,868 --> 00:30:28,508
so if you look back that's all
part of the down move and there
181
00:31:26,468 --> 00:31:30,228
becomes my nearest internal
high right all part of the down
182
00:30:15,068 --> 00:30:17,108
fail to break this pride
candles low right so three
183
00:31:15,008 --> 00:31:18,568
now the low is gone we've made
an a lower low and internal
184
00:30:07,388 --> 00:30:10,388
we pull back then this candle
fell to break the prior candles
185
00:30:49,748 --> 00:30:53,268
bearish change of character
this becomes our internal low
186
00:30:46,388 --> 00:30:49,748
internal high once this low
goes okay so now we've had a
187
00:29:12,328 --> 00:29:16,708
out move gets good to go
forward. Okay, that's part of
188
00:30:43,068 --> 00:30:46,388
to break the prior candles low
right so this becomes our new
189
00:30:32,468 --> 00:30:34,548
bit confusing when there's
inside bars here okay but if
190
00:29:51,508 --> 00:29:55,228
now prices pull back to form a
lower low where is my new
191
00:29:45,788 --> 00:29:48,308
right so now the internal
structure for me has switched
192
00:29:55,228 --> 00:29:58,148
internal high well it's the
most it's the it's the nearest
193
00:29:09,928 --> 00:29:12,328
candle break the prior candles
high so it's all part of the
194
00:28:59,728 --> 00:29:04,368
so mark that to there alright
and now we can change this up
195
00:29:42,428 --> 00:29:45,788
low right remember when it is a
wick break to form a lower low
196
00:28:55,968 --> 00:28:59,728
most recent internal low it
would be this candle here okay
197
00:29:36,188 --> 00:29:39,588
tricky sometimes to figure out
okay now we pull back nothing's
198
00:28:53,128 --> 00:28:55,968
the high to make another
internal high high where is our
199
00:28:45,288 --> 00:28:47,568
candles high so we definitely
know that this is our internal
200
00:28:04,388 --> 00:28:07,268
so let's do it from here and
all I'm going to do is
201
00:28:26,708 --> 00:28:31,108
at the nearest low and high
okay so this one's quite
202
00:28:07,268 --> 00:28:10,108
basically mark out my current
internal high and my current
203
00:27:56,188 --> 00:27:59,068
viewing the market you know you
kind of just need to empty your
204
00:28:47,568 --> 00:28:50,208
high now alright so let's play
forward I'm just waiting for
205
00:28:42,548 --> 00:28:45,288
pulled back Right this candle
has failed to break the prior
206
00:27:59,068 --> 00:28:04,388
brain out put a fresh lay in
and view it this way right okay
207
00:27:50,508 --> 00:27:53,708
doesn't have to be complicated
but I appreciate when you first
208
00:28:13,068 --> 00:28:15,348
and all of that we're just
using this sort of super
209
00:27:40,868 --> 00:27:43,508
just try to keep it simple and
just try and focus on internal
210
00:27:29,128 --> 00:27:31,768
want we want to look at the
nearest low that took out the
211
00:27:43,508 --> 00:27:47,068
structure for this lesson and
please watch this entire lesson
212
00:27:16,928 --> 00:27:20,008
we always want to pick the
nearest when it's bearish right
213
00:27:37,648 --> 00:27:40,868
the highest but we'll get into
that in the next lesson okay so
214
00:27:14,008 --> 00:27:16,928
action can be a little bit more
complex with internal structure
215
00:27:23,328 --> 00:27:26,368
and when the internal structure
is bullish right and we break
216
00:27:07,308 --> 00:27:10,808
boom now we've had our change
character okay so hopefully you
217
00:26:46,668 --> 00:26:49,708
messes around a little bit and
now we get the break of the low
218
00:27:00,548 --> 00:27:04,548
my internal high that I need to
see be broken for the internal
219
00:26:41,268 --> 00:26:43,988
right for the structures to
shift now let's say that price
220
00:26:43,988 --> 00:26:46,668
pulls back and it doesn't break
it and then price comes down it
221
00:26:29,088 --> 00:26:32,088
want to say complex but just
sometimes slightly different is
222
00:26:15,608 --> 00:26:18,888
waiting for this high to go
okay so then now if price moves
223
00:25:58,468 --> 00:26:01,948
structure is shifting from
bearish to bullish and we're
224
00:25:52,028 --> 00:25:54,548
want to call it this is the
internal high that I'm waiting
225
00:26:38,368 --> 00:26:41,268
so this is my last internal
high that that I need to see go
226
00:26:21,328 --> 00:26:23,648
character and then we can look
for price to come back and get
227
00:26:13,128 --> 00:26:15,608
here okay so now at this point
I'm wait I move my line and I'm
228
00:25:54,548 --> 00:25:58,468
for to be wicked at least to
show me that the internal
229
00:25:49,828 --> 00:25:52,028
chock line the change of
character line whatever you
230
00:25:47,068 --> 00:25:49,828
that bullish change of
character this would be the the
231
00:25:34,868 --> 00:25:37,148
took me a while to get that out
of my mouth but there we go
232
00:25:09,228 --> 00:25:11,948
structure is still bearish
because this was the last
233
00:25:37,148 --> 00:25:41,028
this nice demand level here let
me get rid of this line right
234
00:25:29,188 --> 00:25:34,868
was coming down into let's say
a a a nice demand level right
235
00:25:44,428 --> 00:25:47,068
internal structure to shift
bullish and I'm waiting for
236
00:25:23,548 --> 00:25:29,188
structure is still bearish okay
so at this point here if price
237
00:25:41,028 --> 00:25:44,428
and I wanted to get long but
I'm waiting for that shift in
238
00:25:15,948 --> 00:25:19,428
current high okay so price can
do anything at once in here but
239
00:25:05,628 --> 00:25:09,228
that I am interested in okay so
currently the internal
240
00:25:19,428 --> 00:25:23,548
at the moment until this high
here goes at the internal
241
00:25:11,948 --> 00:25:15,948
internal break okay so this is
the current low and this is the
242
00:25:02,708 --> 00:25:05,628
anything it needs to take out
the low for it to be a high
243
00:24:49,628 --> 00:24:53,028
this and then broke that high
there okay let me zoom in so
244
00:24:58,468 --> 00:25:02,708
change of character okay this
high here did not achieve
245
00:24:53,028 --> 00:24:58,468
you can really see it right
this for me is not a bullish
246
00:24:38,188 --> 00:24:41,748
okay that I would need to see
go right so then likewise if we
247
00:24:41,748 --> 00:24:44,708
were in a bearish market right
and the internal structure is
248
00:24:27,828 --> 00:24:32,508
okay so the lowest point in
this pullback right the lowest
249
00:24:16,188 --> 00:24:19,468
because that's the last
internal pullback that we had
250
00:24:24,868 --> 00:24:27,828
would be taking the lowest
point that took out the high
251
00:24:35,668 --> 00:24:38,188
structure I'm more aggressive I
want to look at the nearest low
252
00:24:32,508 --> 00:24:35,668
point that took out this high
that would be here but internal
253
00:24:44,708 --> 00:24:49,628
making lower lows and lower
highs right and then price did
254
00:24:22,628 --> 00:24:24,868
for swing structure because if
this was swing structure I
255
00:23:58,208 --> 00:24:02,548
recent internal low where is
the low now that I would need
256
00:23:52,248 --> 00:23:54,528
bullish it's now formed an
internal high high because it
257
00:24:02,548 --> 00:24:07,828
to see be broken in order to
get a bearish internal change
258
00:23:54,528 --> 00:23:58,208
took out this internal high
here now where is my most
259
00:24:19,468 --> 00:24:22,628
okay so you can see how it's
more aggressive then what we do
260
00:24:07,828 --> 00:24:12,908
of character it's not actually
this low okay this low here
261
00:24:12,908 --> 00:24:16,188
right it's the nearest low so
it would be this one here okay
262
00:23:48,608 --> 00:23:52,248
goes up like that okay so the
internal structure here's still
263
00:23:46,128 --> 00:23:48,608
like this then it has another
little pullback and then it
264
00:23:39,488 --> 00:23:43,088
okay the nearest low when we're
looking at internal structure
265
00:23:43,088 --> 00:23:46,128
so to explain that let's say
price comes down it comes up
266
00:23:36,168 --> 00:23:39,488
want to confuse you but I would
always take the most recent low
267
00:23:32,648 --> 00:23:36,168
took out the took out the high
okay but remember again don't
268
00:23:26,588 --> 00:23:29,928
potentially sell I would be
waiting for this low to go okay
269
00:23:21,388 --> 00:23:24,028
my change of character line up
to here and now if I was
270
00:23:16,028 --> 00:23:18,428
the new internal low why is
this new internal low it's the
271
00:23:29,928 --> 00:23:32,648
because this is my most recent
low now because it it did it
272
00:23:24,028 --> 00:23:26,588
waiting for that bearish change
of character before looking to
273
00:23:18,428 --> 00:23:21,388
new internal low because it
broke the high okay so I move
274
00:23:05,508 --> 00:23:08,348
just drag this across alright
price does not yet break it and
275
00:23:12,108 --> 00:23:16,028
wait for this low to go because
now we have a new low this is
276
00:23:02,348 --> 00:23:05,508
for this line to go but price
does not break it okay let me
277
00:23:08,348 --> 00:23:12,108
it continues to the upside
right I'm not just now going to
278
00:22:59,428 --> 00:23:02,348
internal high between the
internal low so if I'm waiting
279
00:22:57,468 --> 00:22:59,428
is irrelevant it's nothing
because it's between the
280
00:22:54,268 --> 00:22:57,468
least for it to switch bearish
okay so breaking this low here
281
00:22:51,668 --> 00:22:54,268
from bullish currently it would
need to wick break this at
282
00:22:39,948 --> 00:22:44,908
out it would be this level here
okay bear with me one second
283
00:22:48,348 --> 00:22:51,668
that I would need to see go for
the internal structure to shift
284
00:22:36,668 --> 00:22:39,948
change of character line would
be for me would be if I mark it
285
00:22:44,908 --> 00:22:48,348
there okay so this would be my
most recent internal low right
286
00:22:33,988 --> 00:22:36,668
a bearish change of character
and where that where that
287
00:22:18,308 --> 00:22:21,788
character first to confirm that
this level is going to hold so
288
00:22:25,508 --> 00:22:27,948
bearish okay so again forget
about swing structure we're
289
00:22:30,348 --> 00:22:33,988
small internal movements at
this point here we want to see
290
00:22:27,948 --> 00:22:30,348
purely just looking at the
small movements in price the
291
00:22:21,788 --> 00:22:25,508
we would look for for the
internal to first switch
292
00:22:14,828 --> 00:22:18,308
we would do potentially is wait
for a bearish change of
293
00:22:11,348 --> 00:22:14,828
potentially have a bearish move
from this box here okay so what
294
00:22:07,988 --> 00:22:11,348
for price to potentially well
let's just say keep it simple
295
00:22:04,708 --> 00:22:07,988
coming to a nice supply level
right where we would be looking
296
00:22:02,188 --> 00:22:04,708
going to learn about this later
in the course but price is
297
00:21:58,468 --> 00:22:02,188
really really clear that price
has come into a obviously
298
00:21:53,408 --> 00:21:58,468
here and this high hit okay so
let's say right to make this
299
00:21:48,688 --> 00:21:51,048
other way around in a high that
didn't achieve a low okay
300
00:21:51,048 --> 00:21:53,408
because at the moment we're
still trading between this low
301
00:21:46,168 --> 00:21:48,688
like that a low that did not
achieve a high or obviously the
302
00:21:27,688 --> 00:21:30,888
current high so price can do
anything at once within here
303
00:21:24,928 --> 00:21:27,688
have not broken the current low
and we have not broken the
304
00:21:33,728 --> 00:21:36,448
it can come down it can you
know go with whatever it
305
00:21:39,368 --> 00:21:42,848
is still bullish so you have to
be really careful in live
306
00:21:42,848 --> 00:21:46,168
market that you do not mark a
change of character on a low
307
00:21:30,888 --> 00:21:33,728
right within the internal high
and internal low it can go up
308
00:21:06,868 --> 00:21:10,668
is because this is the current
internal low and this is the
309
00:21:10,668 --> 00:21:14,108
incurrent internal high right
because you can see here high
310
00:21:36,448 --> 00:21:39,368
doesn't matter right at the
moment the internal structure
311
00:21:14,108 --> 00:21:18,188
high higher low higher high
higher low higher high higher
312
00:21:21,588 --> 00:21:24,928
to form a high high and now
here we're just pulling back we
313
00:21:18,188 --> 00:21:21,588
low right this this continues
right this low breaks the high
314
00:20:57,148 --> 00:20:59,988
this high so this point here
when price comes down and takes
315
00:21:03,348 --> 00:21:06,868
bearish right and the reason
why it has not shifted bearish
316
00:20:59,988 --> 00:21:03,348
out this low the internal
structure has not shifted
317
00:20:54,308 --> 00:20:57,148
instance this low did not do
anything it did not take out
318
00:20:44,188 --> 00:20:48,108
okay so in a bullish market for
a low essentially you know the
319
00:20:48,108 --> 00:20:50,788
one that that we care about to
be significant it needs to have
320
00:20:50,788 --> 00:20:54,308
done its job so it needs to
have taken out a high in this
321
00:20:29,508 --> 00:20:32,388
that this is a lower low but
that is not a change of
322
00:20:26,588 --> 00:20:29,508
character because they see this
low get taken and they think
323
00:20:39,708 --> 00:20:44,188
low here where my mouse is that
low did not achieve anything
324
00:20:19,228 --> 00:20:22,628
at this point here right this
is where you have to be careful
325
00:20:35,908 --> 00:20:39,708
broken the reason why this is
not a valid low is because this
326
00:19:43,828 --> 00:19:45,548
we're going to do now is go on
the charts and we're going to
327
00:18:10,168 --> 00:18:12,288
because that's the only one I'm
interested in because it just
328
00:17:58,328 --> 00:18:02,888
shifts from bullish so all of
this is bullish and then we get
329
00:20:32,388 --> 00:20:35,908
character that is not a valid
low for what I'm looking to be
330
00:18:27,768 --> 00:18:30,648
we continue the bearish
movement okay so when we take
331
00:20:22,628 --> 00:20:26,588
is I'm seeing some people would
label that as a change of
332
00:19:32,268 --> 00:19:34,988
until it does the opposite
right until it goes from
333
00:18:30,648 --> 00:18:32,328
that low this would be the
nearest high but I'm not
334
00:18:41,728 --> 00:18:45,128
low to keep forming a lower low
right we continue trading down
335
00:18:04,968 --> 00:18:07,568
time that the internal
structure takes out that low to
336
00:18:58,448 --> 00:19:02,528
character right so hopefully
this is starting to make sense
337
00:17:34,388 --> 00:17:39,308
candle okay and here okay this
becomes my new low right that
338
00:17:14,368 --> 00:17:17,928
look back and go that this is
my low okay but I always use
339
00:16:00,908 --> 00:16:03,228
if we kind of come over to here
where we have you know a series
340
00:17:17,928 --> 00:17:21,388
the nearest low and this is it
okay right so then price
341
00:17:54,848 --> 00:17:58,328
orange lines I'm only labeling
it when the internal structure
342
00:15:40,928 --> 00:15:43,488
the next candle breaks as low
so it's part of the down move
343
00:19:45,548 --> 00:19:48,508
go through it watch this video
as many times as you have to to
344
00:17:52,288 --> 00:17:54,848
labelling every little break
like this with all of the
345
00:18:52,968 --> 00:18:55,728
then what happens then we pull
back and we wick break that
346
00:20:06,648 --> 00:20:09,888
right now let's say price comes
into a nice supply level that
347
00:17:49,148 --> 00:17:52,288
see how when you have lows of
price action like this I'm not
348
00:16:58,928 --> 00:17:01,368
is a pull back so as soon as
price pulls back that that for
349
00:20:09,888 --> 00:20:13,608
we like and we see price move
down okay and it moves up like
350
00:15:43,488 --> 00:15:46,408
did the next candle break the
prior candles low no it didn't
351
00:11:17,548 --> 00:11:21,028
going to be swing structure and
then from then on then we're
352
00:16:45,088 --> 00:16:49,648
but I won't label this as my
low until it takes a high okay
353
00:20:13,608 --> 00:20:19,228
this and then it moves down
like this okay and we zoom in
354
00:19:06,688 --> 00:19:08,848
going to go through some price
action and I'm going to load it
355
00:14:38,208 --> 00:14:40,808
names in the trading industry
all for very similar things
356
00:19:52,548 --> 00:19:55,828
actually one just quick thing I
want to add before we look at a
357
00:17:31,108 --> 00:17:34,388
then I can look back right and
I'm just looking at the nearest
358
00:19:23,808 --> 00:19:27,048
when that internal bullish
structure first shifts to bear
359
00:18:45,128 --> 00:18:48,328
now we pull back okay fine but
nothing happens right we
360
00:15:19,528 --> 00:15:22,208
about is wicks okay type two
mapping for when I'm looking at
361
00:17:04,208 --> 00:17:07,688
is the high the internal high
right but it's not until price
362
00:18:19,208 --> 00:18:21,888
okay so then price comes down
it all breaks the prior candles
363
00:15:16,628 --> 00:15:19,528
enough right it can be a candle
closure or wick all I care
364
00:17:46,308 --> 00:17:49,148
low so now we have our change
of character okay so you can
365
00:18:12,288 --> 00:18:15,248
shows me that we've gone from
bullish internal structure to
366
00:16:18,288 --> 00:16:20,848
right right so we have that
down move now this candle here
367
00:07:56,308 --> 00:07:59,128
internal structure has now
switched bullish okay but where
368
00:16:33,968 --> 00:16:37,728
now this becomes my new low
once we take this high out here
369
00:16:10,428 --> 00:16:13,708
line this candle fails to break
this candles high okay so now
370
00:19:48,508 --> 00:19:52,548
make sure you understand this
before you move on okay
371
00:15:02,068 --> 00:15:05,228
pulled back so now I can mark
this out as a minor high right
372
00:13:42,928 --> 00:13:45,168
one candle now what happens
with the next candle this
373
00:08:17,088 --> 00:08:19,528
very aggressive. It's just the
internal structure switching.
374
00:15:55,108 --> 00:15:57,508
move down then it fails to
break that candles low so now
375
00:15:52,228 --> 00:15:55,108
up it pulls back here we have a
minor low price continues to
376
00:13:57,268 --> 00:14:00,148
so for me these both of these
candles are all part of the up
377
00:14:16,988 --> 00:14:20,168
this candles highs here but
it's failed to do so and it and
378
00:12:12,388 --> 00:12:16,468
character it's just a signal
but it does not define that
379
00:13:39,128 --> 00:13:42,928
high is when price moves up to
the upside okay right with this
380
00:16:03,228 --> 00:16:06,228
of price action what has
happened price has moved up
381
00:14:40,808 --> 00:14:43,368
unfortunately and I appreciate
that makes it very confusing so
382
00:14:10,068 --> 00:14:13,428
because for it to continue
being for the for the internal
383
00:19:27,048 --> 00:19:30,068
structure right but I'm not
labelling on every little minor
384
00:14:52,148 --> 00:14:54,828
for is for price to break the
previous candles high and that
385
00:20:02,448 --> 00:20:06,648
and higher lows okay so price
keeps moving to the upside
386
00:14:57,148 --> 00:14:59,468
moment that we get a candle
like this right where it fails
387
00:14:26,248 --> 00:14:28,968
didn't break the prior candles
high so now means we've had
388
00:14:13,428 --> 00:14:16,988
structure to continue being
bullish it would need to break
389
00:14:06,668 --> 00:14:10,068
so it fails to be you know part
of this up move here just
390
00:14:43,368 --> 00:14:46,408
I'm trying to keep this as
simple as possible and kind of
391
00:19:59,728 --> 00:20:02,448
the internal structure is
making a series of higher highs
392
00:13:36,968 --> 00:13:39,128
will make sense as you go
through it right so a minor
393
00:14:46,408 --> 00:14:48,888
going forward I think the
easiest way is just to refer to
394
00:13:09,988 --> 00:13:11,948
drawn here on the left right
and we'll look at the stuff on
395
00:12:52,428 --> 00:12:54,988
little bit confusing but if you
nail this now I promise you
396
00:11:23,668 --> 00:11:25,988
simple to one time frame and
that is where you going to see
397
00:15:37,408 --> 00:15:40,928
so again when we have a low
what happens price moves down
398
00:19:04,688 --> 00:19:06,688
we're going to hop on to the
actual charts and we're
399
00:14:28,968 --> 00:14:32,448
that internal pullback okay so
what that now means is this
400
00:09:01,228 --> 00:09:04,308
as we go okay so hopefully
you're sort of beginning to
401
00:09:46,308 --> 00:09:50,948
seems a bit pathetic but if you
really understand this exactly
402
00:13:45,168 --> 00:13:48,248
candle here you see how it
trades higher than the previous
403
00:18:34,648 --> 00:18:37,488
internal structure which is
bullish okay so we have a down
404
00:17:39,308 --> 00:17:42,868
is the low that took out the
high now what happens is price
405
00:10:49,588 --> 00:10:52,628
then obviously I'm trying to
only pay attention to that in
406
00:18:15,248 --> 00:18:19,208
the moment we wick break this
we now have bearish structure
407
00:10:09,228 --> 00:10:14,288
these lessons are being added
to the after the course was
408
00:15:11,148 --> 00:15:13,748
you can see here price moves
down the next candle breaks the
409
00:12:34,808 --> 00:12:36,808
these little movements and
price action then the next one
410
00:09:09,148 --> 00:09:12,408
structure really the two main
things in terms of market
411
00:13:22,608 --> 00:13:26,088
internal structure the color of
the candle is irrelevant so
412
00:11:09,348 --> 00:11:11,948
after this we're going to look
at how I map swing structure
413
00:08:25,208 --> 00:08:27,528
want you to be again thinking
about that right now that
414
00:10:52,628 --> 00:10:55,348
high value areas okay but
you're going to learn how to
415
00:19:15,048 --> 00:19:17,648
you really need to understand
this so there's no confusion
416
00:09:04,308 --> 00:09:06,668
understand the difference
between swing and internal
417
00:11:25,988 --> 00:11:30,308
how we combine both swing
structure and internal
418
00:14:48,888 --> 00:14:52,148
the as minor highs and lows
okay so for me all I'm looking
419
00:10:41,088 --> 00:10:44,348
and then basically how I map
internal structure and that I
420
00:08:36,668 --> 00:08:39,548
going to pull back okay so if I
get rid of all of this what
421
00:19:55,828 --> 00:19:59,728
price action example is well an
example like this so let's say
422
00:13:48,248 --> 00:13:51,788
candle that means it's still
part of the up move so we have
423
00:13:16,508 --> 00:13:19,768
reason why these candles are
all the same color is because
424
00:19:41,188 --> 00:19:43,828
okay right if you're a little
bit confused don't worry what
425
00:18:48,328 --> 00:18:50,208
continue to stay bearish
because then we continue to
426
00:14:00,148 --> 00:14:02,708
move right but then what
happens with this candle here
427
00:15:13,748 --> 00:15:16,628
prior candles low you see how
it wicks below okay a wick is
428
00:19:02,528 --> 00:19:04,688
but what will really really
make this clear is right now
429
00:16:49,648 --> 00:16:52,528
so this one this is thing that
maybe this here doesn't explain
430
00:11:14,588 --> 00:11:17,548
lesson's internal and change of
character the next lesson is
431
00:11:02,068 --> 00:11:06,428
going to focus on internal
structure how we map it and
432
00:11:30,308 --> 00:11:34,028
structure together okay so
hopefully that makes sense
433
00:13:19,768 --> 00:13:22,608
want to really drive the point
home that when we're looking at
434
00:10:38,248 --> 00:10:41,088
when it comes to structure is
the swing highs the swing lows
435
00:11:06,428 --> 00:11:09,348
then how we use change of
character and the next lesson
436
00:17:28,308 --> 00:17:31,108
high right and it's only once
price comes up and wicks it
437
00:18:07,568 --> 00:18:10,168
form an internal lower low so
that's the only one I label on
438
00:18:24,288 --> 00:18:27,768
that's part of the pullback
right and then we come down and
439
00:13:26,088 --> 00:13:28,208
what I mean by that whether
it's a bullish candle or
440
00:07:12,368 --> 00:07:14,848
just looking for that internal
change of character right the
441
00:12:49,448 --> 00:12:52,428
few question from from you guys
missed that out this can be a
442
00:13:05,428 --> 00:13:09,988
we just concentrate on this
little sort of thing that I've
443
00:18:02,888 --> 00:18:04,968
a bearish change of character
okay because this is the first
444
00:17:42,868 --> 00:17:46,308
goes up but then it pulls back
right and then it takes out the
445
00:15:22,208 --> 00:15:24,448
internal structure okay I've
written that over here so for
446
00:16:55,568 --> 00:16:58,928
that when price moves up it
pulls back okay and that that
447
00:17:01,368 --> 00:17:04,208
me I'll I'll mark out as a high
in a bullish market right this
448
00:17:07,688 --> 00:17:10,888
comes back up and breaks it it
can be a wick or a can of body
449
00:10:05,828 --> 00:10:09,228
lesson that you are going to
watch next after this both of
450
00:15:49,428 --> 00:15:52,228
is a minor low right so here we
have a minor high price moves
451
00:12:03,348 --> 00:12:07,268
of that is is the internal
structure shifting bearish to
452
00:15:07,908 --> 00:15:11,148
that gives me a high now the
opposite to that is a low right
453
00:15:31,768 --> 00:15:34,928
wick breaks are fine for swing
structure I want to see a
454
00:11:49,828 --> 00:11:52,468
up right at this point we get a
bearish change of character
455
00:12:57,628 --> 00:13:00,548
okay so let's take a look
purely at internal structure
456
00:14:54,828 --> 00:14:57,148
continues to tell me it's part
of the up move and in the
457
00:19:37,668 --> 00:19:41,188
height after a series of
internal lower lower heights
458
00:08:31,468 --> 00:08:33,588
so the moment you first see
that bearish change of
459
00:19:17,648 --> 00:19:21,328
when we go forward okay so in
the live market I will only
460
00:13:54,948 --> 00:13:57,268
move to the upside because it
breaks the prior candles high
461
00:18:37,488 --> 00:18:41,728
move we have an up move right
and then we break that internal
462
00:08:55,628 --> 00:08:58,428
not you know a great signal but
you need to understand how we
463
00:18:21,888 --> 00:18:24,288
low then this candle fails to
break the prior candles low so
464
00:13:00,548 --> 00:13:05,428
and how we use that to identify
change of character okay so if
465
00:09:15,568 --> 00:09:18,008
they're the the the two most
important things if you can
466
00:18:55,728 --> 00:18:58,448
most recent high okay so that
is a bullish change of
467
00:10:47,268 --> 00:10:49,588
the internal structure that's
really all I care about but
468
00:19:08,848 --> 00:19:12,008
candle by candle and you can
really understand this so again
469
00:18:50,208 --> 00:18:52,968
make a lower low okay cool not
interested more interested but
470
00:10:44,348 --> 00:10:47,268
only really care about that
initial change of character on
471
00:09:18,008 --> 00:09:20,848
always identify where your
swing high is and where your
472
00:19:21,328 --> 00:19:23,808
ever label on what I call the
change of character which is
473
00:08:27,528 --> 00:08:31,468
change of is a great signal but
it's very very aggressive okay
474
00:08:50,068 --> 00:08:52,148
up right and and the swing
trend could be very strong and
475
00:17:21,388 --> 00:17:23,788
continues up move they all
break the prior candles high
476
00:19:30,068 --> 00:19:32,268
you know break a structure here
whatever you want to call it
477
00:08:39,548 --> 00:08:45,028
could very easily happen is if
I get the paintbrush there we
478
00:10:14,288 --> 00:10:17,848
initially recorded okay now the
reason why I'm doing that is
479
00:12:41,288 --> 00:12:44,128
I've I'm sorry I know that's
pedantic and I probably it's
480
00:09:39,008 --> 00:09:41,828
going to learn exactly when
it's relevant and when I pay
481
00:10:55,348 --> 00:10:59,028
identify those high value areas
at a later date so if I can
482
00:19:34,988 --> 00:19:37,668
bearish to bullish and we get
that first internal higher
483
00:16:20,848 --> 00:16:24,408
it has failed to break this
candles low okay so this is a
484
00:11:52,468 --> 00:11:54,988
here like we have and that can
signal that potentially we're
485
00:16:30,248 --> 00:16:33,968
this high here right and that
confirms our minor low right so
486
00:16:08,468 --> 00:16:10,428
all part of the up move so you
can keep drawing a straight
487
00:16:06,228 --> 00:16:08,468
then the next candle breaks
this candle's high case that's
488
00:12:47,408 --> 00:12:49,448
have to make this simple
because I'm getting you know a
489
00:16:41,168 --> 00:16:45,088
fails to break the candles high
so we start pulling back right
490
00:16:37,728 --> 00:16:41,168
okay so then we move to the
upside right now this candle
491
00:16:24,408 --> 00:16:26,848
minor low now right because
what's happened now prices pull
492
00:16:13,708 --> 00:16:18,288
we have had a pullback right
then what happens now this
493
00:16:26,848 --> 00:16:30,248
back up so now we continue to
the upside and then we take out
494
00:15:57,508 --> 00:16:00,908
we've had a pull back okay so
hopefully that makes sense so
495
00:16:52,528 --> 00:16:55,568
very clearly but this hopefully
should make it very very clear
496
00:05:56,708 --> 00:05:59,228
using brakes of structure so
that's when a swing higher
497
00:08:47,428 --> 00:08:50,068
could be a full signal and let
you price could just continue
498
00:12:00,508 --> 00:12:03,348
price could keep going up the
bearish change of character all
499
00:08:33,588 --> 00:08:36,668
character up here that is not a
guarantee that suddenly we're
500
00:15:46,408 --> 00:15:49,428
so now we have price pulling
back okay so what that gives us
501
00:17:10,888 --> 00:17:14,368
closure but it's not until that
high is broken that I can then
502
00:08:23,128 --> 00:08:25,208
the other concepts that we're
going to learn, okay? I just
503
00:12:07,268 --> 00:12:09,468
give us a signal that
potentially we're going to have
504
00:09:36,968 --> 00:09:39,008
as well okay now as we go
through the course you're
505
00:04:36,068 --> 00:04:39,028
realigned itself because this
is now bullish which is in line
506
00:15:05,228 --> 00:15:07,908
because it means prices come up
and it's pulled back okay so
507
00:12:38,448 --> 00:12:41,288
combine them both together on
the chart walk throughs okay
508
00:08:14,608 --> 00:08:17,088
again, right? It and it can
happen a lot because it's very
509
00:15:34,928 --> 00:15:37,408
candle closure but we'll look
at that in the next video okay
510
00:07:52,308 --> 00:07:54,428
you've got a bullish change of
character that is a bullish
511
00:10:20,728 --> 00:10:26,968
ever so slightly simplified my
view on how I use and map out
512
00:09:31,688 --> 00:09:33,808
the internal lows because
they're relevant to me and then
513
00:15:24,448 --> 00:15:28,768
internal structure I'm purely
looking at I draw that the line
514
00:14:32,448 --> 00:14:35,848
becomes that minor high right
that internal high that fractal
515
00:07:29,988 --> 00:07:32,348
that change of character I'll
then mark that out and then
516
00:14:35,848 --> 00:14:38,208
high whatever you want to call
it there are tons of different
517
00:06:48,828 --> 00:06:52,588
because it's it's pretty
irrelevant okay now one thing
518
00:15:28,768 --> 00:15:31,768
on the wick and it price can
close or wick above it okay
519
00:06:45,988 --> 00:06:48,828
of character okay so I'm not
marking all of this in here
520
00:04:24,448 --> 00:04:27,008
it's making a series of
internal lower lows and lower
521
00:11:38,828 --> 00:11:41,228
your character then the next
lesson I'm going to show you
522
00:09:41,828 --> 00:09:44,268
attention to it but for right
now I know I keep ranting about
523
00:07:49,428 --> 00:07:52,308
back a little bit okay and then
it may move up up here and then
524
00:07:36,588 --> 00:07:39,508
I'm not labelling you know
everywhere really because
525
00:11:47,268 --> 00:11:49,828
breaks this swing high to form
a swing high high and it moves
526
00:10:36,168 --> 00:10:38,248
explain that the two main
things I'm concentrating on
527
00:14:23,688 --> 00:14:26,248
Buddhist candle right so
relevant all that matters is it
528
00:14:59,468 --> 00:15:02,068
to break the prior candles high
that now means that price is
529
00:06:52,588 --> 00:06:55,748
I'll add as well is I'm only
really looking at changes of
530
00:12:26,848 --> 00:12:30,008
look at that in the next lesson
okay so hopefully I'm not
531
00:06:09,528 --> 00:06:12,608
I'm not going to draw on every
time an internal low is broken
532
00:11:54,988 --> 00:11:57,748
going to get that swing
pullback okay but it doesn't
533
00:11:11,948 --> 00:11:14,588
and how you can define it
mechanically okay so this
534
00:08:58,428 --> 00:09:01,228
map it and use it first and
then we'll add more confluence
535
00:06:42,868 --> 00:06:45,988
high to make a higher high I
will then mark that as a change
536
00:06:40,508 --> 00:06:42,868
higher high right where it
takes out the internal lower
537
00:05:32,308 --> 00:05:34,268
this is why as we go throughout
the course you're going to
538
00:11:41,228 --> 00:11:44,388
how to sort of mechanically
define when your swing high and
539
00:12:30,008 --> 00:12:32,328
confusing you unnecessarily
here so right now I'm going to
540
00:08:45,028 --> 00:08:47,428
go is we could get that bearish
change of character but it
541
00:08:05,168 --> 00:08:07,528
character, right? Then, we make
internal lower lows, lower
542
00:05:51,628 --> 00:05:53,908
how we kind of define the
difference between swing
543
00:12:36,808 --> 00:12:38,448
we're going on to swing
structure and then we'll
544
00:08:01,288 --> 00:08:03,288
can as you've seen before in
the previous lesson, it can
545
00:14:20,168 --> 00:14:23,688
we've now had this move down
here so even if this was a
546
00:05:07,168 --> 00:05:10,568
change of character that is the
first potential signal from a
547
00:05:37,348 --> 00:05:40,348
okay but obviously we need to
learn each concept on its own
548
00:04:17,008 --> 00:04:21,728
to realign itself with the
bullish swing trend okay
549
00:06:58,868 --> 00:07:01,288
areas of of high value okay so
obviously we're going to learn
550
00:11:36,268 --> 00:11:38,828
looking at internal structure
how we map it how we change
551
00:07:17,208 --> 00:07:19,848
gives me that little bit of
confirmation that potentially
552
00:13:11,948 --> 00:13:16,508
the right in a minute so purely
for internal structure the
553
00:07:03,368 --> 00:07:06,968
demand zone down here and and
this poorly drawn orange
554
00:07:32,348 --> 00:07:34,348
I'll potentially look to get in
long okay we're going to get
555
00:08:52,148 --> 00:08:55,628
it can keep going so this is
why on its own right it's it's
556
00:11:21,028 --> 00:11:23,668
going to look at the full chart
walk throughs just keeping it
557
00:12:21,008 --> 00:12:24,368
continue going up right so what
I need to see is I need to see
558
00:07:34,348 --> 00:07:36,588
into this as we go but I just
want you to understand now that
559
00:07:27,688 --> 00:07:29,988
the internal structure switch
bullish okay so when we get
560
00:08:03,288 --> 00:08:05,168
move up a bit and then we can
get a bearish change of
561
00:06:35,708 --> 00:06:37,468
because that's just the
internal structure staying
562
00:12:09,468 --> 00:12:12,388
a swing pull back okay but when
we get that bearish change of
563
00:05:40,348 --> 00:05:43,828
and really master that before
we move on to the next you know
564
00:09:55,068 --> 00:09:59,508
we go on so before we kind of
look at an example right now on
565
00:07:22,888 --> 00:07:25,528
confirming this level that I
was interested in buying from
566
00:07:46,788 --> 00:07:49,428
bearish change of character up
here and then price may pull
567
00:08:09,888 --> 00:08:12,208
now we've had a bullish change
of character, okay? And it
568
00:07:42,148 --> 00:07:44,268
internal structure here if I
actually get rid of it what
569
00:08:12,208 --> 00:08:14,608
could go up a little bit and
then it could come back down
570
00:13:28,208 --> 00:13:31,608
whether it's a bearish candle
that has nothing to do with
571
00:13:31,608 --> 00:13:36,968
whether price has pulled back
or not okay so you'll see this
572
00:13:51,788 --> 00:13:54,948
a a a candle move to the upside
and then we have another candle
573
00:14:02,708 --> 00:14:06,668
this candle it fails to break
the previous candles high right
574
00:19:12,008 --> 00:19:15,048
this is very pathetic it's very
slow we're taking it slowly but
575
00:10:17,848 --> 00:10:20,728
because since I initially
recorded the course I have just
576
00:18:32,328 --> 00:18:34,648
going to label it because I
only care when the bearish
577
00:12:54,988 --> 00:12:57,628
everything will become so much
more simple in your training
578
00:11:44,388 --> 00:11:47,268
your swing low is because what
I mean by that is when price
579
00:06:06,488 --> 00:06:09,528
on when we get those initial
changes of character okay so
580
00:06:37,468 --> 00:06:40,508
bearish but then once we get
that first sign of an internal
581
00:12:24,368 --> 00:12:26,848
a a significantly sized
pullback but we're going to
582
00:11:57,748 --> 00:12:00,508
necessarily mean that this is
the swing high just yet because
583
00:05:21,568 --> 00:05:24,848
going to go on to target that
week high okay but you must
584
00:03:40,828 --> 00:03:43,908
this is our swing high here
okay so now the internal
585
00:09:12,408 --> 00:09:15,568
structure that I pay attention
to right that they're the
586
00:12:44,128 --> 00:12:47,408
taking about 10 or 15 minutes
here but I just really really
587
00:12:16,468 --> 00:12:21,008
this is now the swing high okay
because what can happen is can
588
00:07:01,288 --> 00:07:03,368
this later in the course but
let's say we have a nice big
589
00:11:34,028 --> 00:11:36,268
right so this lesson is
going to be about just purely
590
00:04:48,028 --> 00:04:52,148
all it is is it's the first
little little sign that the
591
00:09:44,268 --> 00:09:46,308
it but I have to really make
this clear to you now I know it
592
00:09:33,808 --> 00:09:36,968
once we get that next change of
character I'll then label that
593
00:07:44,268 --> 00:07:46,788
you'll see in the live market
is is you'll get that initial
594
00:05:59,228 --> 00:06:02,808
swing low is broken that's a
structure a boss and then this
595
00:04:30,368 --> 00:04:33,428
right where we get the bullish
change of character okay and
596
00:09:50,948 --> 00:09:55,068
everything will become
hopefully a lot more simple as
597
00:10:34,208 --> 00:10:36,168
is why I'm really being
pedantic here and trying to
598
00:10:02,588 --> 00:10:05,828
to you is the lesson you are
watching right now and the
599
00:05:47,188 --> 00:05:51,628
really need to understand it
okay so in theory then this is
600
00:12:32,328 --> 00:12:34,808
go on with it right we're just
looking at internal structure
601
00:09:59,508 --> 00:10:02,588
actual candlestick charts what
I kind of want to also explain
602
00:10:59,028 --> 00:11:02,068
keep it simple this lesson
right here right now is we're
603
00:10:26,968 --> 00:10:30,568
my market structure okay so
these two lessons here are just
604
00:17:26,148 --> 00:17:28,308
this candles high so I mark
that out as my new internal
605
00:09:20,848 --> 00:09:23,368
current swing low is right then
you can draw out the swing
606
00:04:52,148 --> 00:04:55,988
internal structure is shifting
whether that be bearish up here
607
00:10:30,568 --> 00:10:34,208
to really help you keep things
as simple as possible and this
608
00:08:19,528 --> 00:08:23,128
So, this is why we try and pair
change of character with all
609
00:05:16,088 --> 00:05:18,968
both bullish right and that is
just one signal that we can use
610
00:17:23,788 --> 00:17:26,148
then price pulls back okay
because it fails to break out
611
00:09:26,248 --> 00:09:29,128
internal change of character
and I will label that right so
612
00:09:06,668 --> 00:09:09,148
structure okay so swing
structure and internal
613
00:09:23,368 --> 00:09:26,248
ranger within and then all I'm
looking for is that first
614
00:09:29,128 --> 00:09:31,688
on and so forth I'm not drawing
on all all of these breaks of
615
00:05:04,488 --> 00:05:07,168
that swing pullback right and
then when we get a bullish
616
00:07:25,528 --> 00:07:27,688
I've just waited for a little
bit more confirmation to see
617
00:07:59,128 --> 00:08:01,288
are we? We're quite high up the
leg and what can happen is it
618
00:04:33,428 --> 00:04:36,068
now the internal structure
right all of this has now
619
00:07:39,508 --> 00:07:42,148
change of character is very
aggressive okay because this
620
00:07:10,088 --> 00:07:12,368
going to wait for is a little
bit of confirmation and I'm
621
00:07:54,428 --> 00:07:56,308
change of character okay
because it's the first time the
622
00:08:07,528 --> 00:08:09,888
highs, lower lows and then we
make an internal high high and
623
00:07:14,848 --> 00:07:17,208
internal structure to switch
bullish okay just because it
624
00:06:18,288 --> 00:06:22,088
about is the first time the
internal structure shifts okay
625
00:03:31,008 --> 00:03:33,868
with the horizontal line the
current range you are in that
626
00:03:00,388 --> 00:03:03,388
kind of shows that sign of
weakness right after a series
627
00:06:33,508 --> 00:06:35,708
likewise I'm not I'm not
labeling all of these okay
628
00:03:03,388 --> 00:03:06,608
of of high highs high lows high
highs high lows high highs and
629
00:05:18,968 --> 00:05:21,568
that potentially the high low
is now forming and price is
630
00:04:41,908 --> 00:04:44,708
this high right so that's what
essentially what we're using
631
00:02:53,108 --> 00:02:57,668
take out that internal low to
make an internal lower low okay
632
00:05:24,848 --> 00:05:29,768
understand that this concept on
its own change of character on
633
00:05:53,908 --> 00:05:56,708
structure and internal
structure and then how we are
634
00:05:43,828 --> 00:05:47,188
piece of confidence that we use
just so you know we really
635
00:05:34,268 --> 00:05:37,348
learn how to pair this with a
hell of a lot more confidence
636
00:06:28,208 --> 00:06:30,428
first time that internal
structure then makes a lower
637
00:04:55,988 --> 00:04:58,388
right where we get that bearish
change of character that can
638
00:04:10,928 --> 00:04:13,528
have that bullish change of
character okay so it's that
639
00:06:02,808 --> 00:06:06,488
here the internal structure I
basically only will will draw
640
00:05:10,568 --> 00:05:13,888
structure standpoint that now
the internal structure has now
641
00:05:29,768 --> 00:05:32,308
the internal structure it's
very very aggressive okay so
642
00:02:14,728 --> 00:02:18,088
swing higher high to give us a
signal that potentially the
643
00:07:19,848 --> 00:07:22,888
the internal structure is now
shifting in my favor it's
644
00:06:55,748 --> 00:06:58,868
character in the live market
I'm trading when it comes into
645
00:04:13,528 --> 00:04:17,008
first sign that potentially the
internal structure is shifting
646
00:07:06,968 --> 00:07:10,088
rectangle is where I would be
looking to buy what I'm
647
00:02:37,748 --> 00:02:40,308
that is you'll see little
movements like this in price on
648
00:05:01,148 --> 00:05:04,488
signal that price or the swing
is now pulling back to have
649
00:04:58,388 --> 00:05:01,148
potentially signal it's not a
guarantee but potentially
650
00:04:21,728 --> 00:04:24,448
because the internal structure
was bearish at this point right
651
00:05:13,888 --> 00:05:16,088
realigned with the swing
structure because they are now
652
00:04:44,708 --> 00:04:48,028
change of character for it's
extremely aggressive because
653
00:04:00,228 --> 00:04:03,888
low may form right so that we
get that next swing one of the
654
00:03:51,788 --> 00:03:53,668
get that swing pull back
alright and the internal
655
00:06:30,428 --> 00:06:33,508
low I then will mark that out
as a change of character
656
00:02:18,088 --> 00:02:21,528
swing run this big you know
protrend move is over and that
657
00:06:25,808 --> 00:06:28,208
high highs high lows the
internal structure when the
658
00:06:22,088 --> 00:06:25,808
so when it's making a series of
internal high highs high lows
659
00:03:28,168 --> 00:03:31,008
so this here would be the range
right you can mark that out
660
00:06:15,208 --> 00:06:18,288
it's very tiny structure it
doesn't mean a lot all I care
661
00:06:12,608 --> 00:06:15,208
like this okay because for me
it's pretty irrelevant it's
662
00:04:39,028 --> 00:04:41,908
with the swing trend okay and
the swing trend is this low to
663
00:04:27,008 --> 00:04:30,368
highs but then eventually we
get that internal high high
664
00:02:40,308 --> 00:02:42,588
the way up okay they're not
swing pullbacks they're just
665
00:03:48,988 --> 00:03:51,788
still bullish okay now we can
anticipate that we're going to
666
00:03:53,668 --> 00:03:56,868
structure most likely make
those internal lower lows and
667
00:04:03,888 --> 00:04:07,568
things that we can look for is
for the internal structure to
668
00:02:47,068 --> 00:02:49,828
series of internal high highs
high lows high highs high lows
669
00:02:34,468 --> 00:02:37,748
bearish to facilitate the swing
to pull back so what I mean by
670
00:03:09,728 --> 00:03:13,088
make a lower low that is what
we refer to as a change of
671
00:03:21,208 --> 00:03:24,568
trend that we care about the
swing trend is still bullish
672
00:03:37,908 --> 00:03:40,828
this is a swing high we can
then mark that out and and say
673
00:03:43,908 --> 00:03:46,228
structure has had a change of
character so the internal
674
00:03:06,608 --> 00:03:09,728
then we get that shift and we
take out that internal low to
675
00:03:56,868 --> 00:04:00,228
internal lower highs now to
anticipate where the next high
676
00:03:33,868 --> 00:03:37,908
is the swing low okay now at
this point let's say we assume
677
00:02:57,668 --> 00:03:00,388
so it's those little movements
in price the first time that
678
00:03:24,568 --> 00:03:28,168
right because the swing low is
down here right this low here
679
00:02:49,828 --> 00:02:53,108
higher highs eventually you'll
see price move down and it will
680
00:04:07,568 --> 00:04:10,928
switch bullish okay so we look
for the internal structure to
681
00:02:42,588 --> 00:02:47,068
small minor movements right and
eventually after making a
682
00:03:16,688 --> 00:03:21,208
the internal structure is now
bearish okay but the actual
683
00:03:13,088 --> 00:03:16,688
character okay so this point
here when that first happens
684
00:02:31,328 --> 00:02:34,468
structure we look for the first
sign that that maybe shift
685
00:02:21,528 --> 00:02:24,608
the pullback is starting the
swing pullback is starting we
686
00:03:46,228 --> 00:03:48,988
structure has switched bearish
but the swing structure is
687
00:02:05,008 --> 00:02:07,808
movements that you'll see
between the big swings in price
688
00:01:58,868 --> 00:02:01,628
everything in between that I
just keep it very very simple
689
00:01:35,228 --> 00:01:38,388
high so what do we expect after
a break of structure we expect
690
00:01:28,248 --> 00:01:31,928
low until we get that break of
structure okay so then price
691
00:02:01,628 --> 00:02:05,008
and I refer to that as internal
structure so all of the price
692
00:02:28,528 --> 00:02:31,328
bearish okay not the swing
structure but the internal
693
00:02:24,608 --> 00:02:28,528
can look for the internal
structure to first switch
694
00:02:07,808 --> 00:02:12,248
I simply just refer to those as
internal structure okay so when
695
00:00:42,188 --> 00:00:45,588
once price moves to the upside
and it actually breaks swing
696
00:00:52,748 --> 00:00:56,668
price breaks this swing high to
now form a higher high it's
697
00:01:56,068 --> 00:01:58,868
everything between the swing
high and the swing low
698
00:00:34,068 --> 00:00:39,108
upside. So price makes a swing
high it pulls back to you know
699
00:00:56,668 --> 00:01:00,108
only once we get that break of
structure that we can then look
700
00:00:39,108 --> 00:00:42,188
potentially form that swing
high low right but it's only
701
00:01:41,708 --> 00:01:45,268
looked at to help us
potentially signal when that
702
00:01:45,268 --> 00:01:48,188
swing run so when this swing
run may be finished and when
703
00:01:08,208 --> 00:01:12,488
on to break the swing high but
we only can confirm where that
704
00:00:31,388 --> 00:00:34,068
price is in a bullish market
and it is trending to the
705
00:02:12,248 --> 00:02:14,728
we get that swing break of
structure and we form that
706
00:01:16,088 --> 00:01:20,688
breaks a high now of course you
know we we can anticipate down
707
00:01:52,548 --> 00:01:56,068
change of character is when the
internal structure so
708
00:01:23,168 --> 00:01:25,968
be the high low forming right
and we can buy down here but we
709
00:00:04,948 --> 00:00:08,108
theory. Um we've looked at it
on you know really nice sort of
710
00:01:25,968 --> 00:01:28,248
never know and it's never
confirmed that this is the high
711
00:01:38,388 --> 00:01:41,708
a pullback on that time frame
so the first concept that we've
712
00:00:16,108 --> 00:00:18,428
that in the real market it's a
little bit different because
713
00:01:04,588 --> 00:01:08,208
is okay so the swing low is
then the lowest point that went
714
00:01:12,488 --> 00:01:16,088
high low is where that swing
high low is only once price
715
00:00:24,908 --> 00:00:28,348
very very kind of overview
quick recap of what we just
716
00:01:48,188 --> 00:01:52,548
the pullback may be starting is
a change of character okay so
717
00:01:31,928 --> 00:01:35,228
break structure is the upside
and it starts to form that high
718
00:01:00,108 --> 00:01:04,588
back and know for 100%
certainty where the swing low
719
00:01:20,688 --> 00:01:23,168
here when we're looking to
trade that potentially this may
720
00:00:00,000 --> 00:00:04,948
Okay so now we have looked at
the basic market structure
721
00:37:54,788 --> 00:37:57,588
action okay
722
00:00:48,388 --> 00:00:52,748
a boss okay we refer to boss as
the break of swing structure so
723
00:00:45,588 --> 00:00:48,388
structure so it breaks the
swing high this is what we call
724
00:00:21,108 --> 00:00:24,908
okay. So before we kind of get
into that I just want to do a
725
00:00:28,348 --> 00:00:31,388
looked at in the previous
lesson right. So let's say
726
00:00:18,428 --> 00:00:21,108
we're going to be looking at
Japanese candlestick charts
727
00:00:12,828 --> 00:00:16,108
diagrams, those annotations.
Obviously when we go to apply
728
00:00:08,108 --> 00:00:12,828
simple utopian examples on
those you know line chart
69008
Can't find what you're looking for?
Get subtitles in any language from opensubtitles.com, and translate them here.