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00:49:46,388 --> 00:49:48,668
the prior candles low that is
the pullback okay so then you
2
00:49:41,588 --> 00:49:44,108
those candles fail to break the
candles prior high then we
3
00:49:27,868 --> 00:49:30,268
that then confirms our level
and then we can wait for price
4
00:49:48,668 --> 00:49:50,948
know where your most recent
high is that you need to see
5
00:49:30,268 --> 00:49:32,148
to come back in right and then
we're going to short and so on
6
00:49:32,148 --> 00:49:34,708
and so forth this is what
you'll learn in a bit but yeah
7
00:49:25,828 --> 00:49:27,868
out that load to have our
bearish change of character
8
00:50:01,168 --> 00:50:03,728
little bit of confirmation that
we need to see for those
9
00:49:54,768 --> 00:49:58,048
character and then the other
final tip is is we only use it
10
00:49:58,048 --> 00:50:01,168
really in in in key areas just
to give us that that final
11
00:49:50,948 --> 00:49:54,768
get wicked for there to be a
bullish or bearish change of
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00:50:03,728 --> 00:50:05,848
turning points so hopefully
that's clear as always if you
13
00:49:37,628 --> 00:49:41,588
that but yeah just really pay
attention to essentially when
14
00:49:44,108 --> 00:49:46,388
never pull back and then here
when this candle fails to break
15
00:49:34,708 --> 00:49:37,628
I'm I'm hoping I've made that
nice and clear and you guys get
16
00:49:22,688 --> 00:49:25,828
here we have higher high higher
low higher high we then take
17
00:49:20,168 --> 00:49:22,688
we wait for we can wait for a
better change of character see
18
00:49:14,728 --> 00:49:17,608
and then we pull back okay
right and then this is where
19
00:49:17,608 --> 00:49:20,168
right we'd be looking for price
coming into our level what do
20
00:49:12,208 --> 00:49:14,728
that is our swing lower low and
this becomes our new swing high
21
00:49:09,408 --> 00:49:12,208
structure is this right when we
get the swing low taken out
22
00:49:06,128 --> 00:49:09,408
right and then we start to pull
pull back but the swing
23
00:49:02,808 --> 00:49:06,128
down and then eventually we
form that internal higher high
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00:48:57,048 --> 00:48:59,568
break the pride candles low
then we pull back all of these
25
00:48:53,308 --> 00:48:57,048
pull back up we come down we
pull up all of these candles
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00:48:59,568 --> 00:49:02,808
candles break the candles low
then we pull back then we come
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00:48:48,228 --> 00:48:50,628
that small low to form a lower
low that's our bearish change
28
00:48:50,628 --> 00:48:53,308
of character but then we stay
bearish the entire time okay we
29
00:48:42,508 --> 00:48:45,268
when they get taken changes of
character okay the first time
30
00:48:45,268 --> 00:48:48,228
right this is high high high
low high but then we take out
31
00:48:36,828 --> 00:48:39,188
change or not just call them
more bosses and then these
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00:48:39,188 --> 00:48:42,508
small internal aggressive highs
and lows right we'll call those
33
00:48:33,748 --> 00:48:36,828
These solid lines as bosses
whether it's you know a trend
34
00:48:21,268 --> 00:48:23,228
here after a break of structure
we look for a change of
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00:48:31,188 --> 00:48:33,748
Please refer to all swing
breaks of structure like this.
36
00:48:25,028 --> 00:48:28,308
and then boom we can get so on
and so forth. So hopefully I've
37
00:48:28,308 --> 00:48:31,188
made that clear. It really
doesn't need to be complicated.
38
00:48:23,228 --> 00:48:25,028
character to tell us when
there's going to be a pull back
39
00:48:18,828 --> 00:48:21,268
try to use them at turning
points okay like these areas
40
00:48:07,948 --> 00:48:10,588
back then we come up and then
we change character again right
41
00:48:10,588 --> 00:48:14,828
we have that bearish change of
character we come down right
42
00:48:14,828 --> 00:48:16,548
and then so on so you can see
how there's changes of
43
00:48:16,548 --> 00:48:18,828
characters in a lot of random
areas and that's why we just
44
00:48:05,108 --> 00:48:07,948
now we come in okay and then
boom we're off then we pull
45
00:48:02,428 --> 00:48:05,108
then we take it now we have a
bullish change of character and
46
00:47:51,108 --> 00:47:53,548
that point I would need to see
this high go for there to be a
47
00:48:00,068 --> 00:48:02,428
need to see go for there to be
a bullish change of character
48
00:47:53,548 --> 00:47:56,548
change of character but there
isn't then we pull back then we
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00:47:46,388 --> 00:47:51,108
right so now we get the pull
back and then we the low so at
50
00:47:40,588 --> 00:47:43,388
wicks the prior candles low so
it's all part of the down move
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00:47:56,548 --> 00:48:00,068
come down so now we have that
new internal high that it would
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00:47:43,388 --> 00:47:46,388
this candle is the one that
fails to break this candles low
53
00:47:08,148 --> 00:47:10,508
they're looking at kind of for
the first time is that the
54
00:47:30,468 --> 00:47:33,388
back okay and then all of these
candles break the prior candles
55
00:47:37,748 --> 00:47:40,588
these candles break the prior
candles low you see how each
56
00:47:33,388 --> 00:47:37,748
high so that's all part of the
up move likewise here all of
57
00:47:17,508 --> 00:47:20,828
these small pullbacks is you
see on this move here all of
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00:47:27,228 --> 00:47:30,468
take out this candles high so
that is part of that small pull
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00:47:23,948 --> 00:47:27,228
part of the up move now this
bearish candle here it fails to
60
00:47:20,828 --> 00:47:23,948
these candles broke the prior
candles high so that it's all
61
00:47:10,508 --> 00:47:13,628
color of the candle is
irrelevant for whether price
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00:47:13,628 --> 00:47:17,508
pulled back or not okay so how
you want to basically look at
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00:47:06,388 --> 00:47:08,148
give you because I know some
people get this confused when
64
00:47:02,868 --> 00:47:06,388
and that's how we use it so one
of the point little tip I can
65
00:46:57,948 --> 00:47:00,428
we have a bullish change of
character right and that now
66
00:46:43,688 --> 00:46:46,628
so we move down and then we
pull back up because this
67
00:47:00,428 --> 00:47:02,868
signals that we're going to
probably get that pullback okay
68
00:46:55,108 --> 00:46:57,948
whatever you want to call it so
now when price wicks that now
69
00:46:51,988 --> 00:46:55,108
our most recent you know
aggressive high internal high
70
00:46:48,708 --> 00:46:51,988
pullback then we break the low
which means that this is now
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00:46:40,608 --> 00:46:43,168
zoom right in
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00:46:37,888 --> 00:46:40,608
this candle here it fails to
take out this candle's low I
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00:46:46,628 --> 00:46:48,708
candle fails to break the
candles low right so it's a
74
00:46:34,848 --> 00:46:37,888
lower low right then we pull
back up because you see how
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00:46:29,468 --> 00:46:34,848
clear. Price comes down we
break the swing low to form a
76
00:46:15,948 --> 00:46:19,508
what happens you see how we we
come down we have a very very
77
00:46:26,468 --> 00:46:29,468
here takes the low so again
just want to make this very
78
00:46:19,508 --> 00:46:22,788
small pullback and then we pull
down what does that mean well
79
00:46:22,788 --> 00:46:26,468
that means that we have a high
here right because this high
80
00:46:11,308 --> 00:46:15,948
the downside right and then we
break structure down here then
81
00:46:06,188 --> 00:46:08,588
come down and we take that that
is a change of character and
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00:45:54,848 --> 00:45:58,348
down and and wicks that low
here that for me is exactly
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00:45:58,348 --> 00:46:00,148
what I call a change of
character right because it
84
00:46:08,588 --> 00:46:11,308
now you can see how we can then
you know look for that move to
85
00:46:02,988 --> 00:46:06,188
it's between the swing high and
the swing low right so when we
86
00:46:00,148 --> 00:46:02,988
takes out that internal low why
is it an internal low because
87
00:45:51,448 --> 00:45:54,848
we pull back right and then we
come up so when price comes
88
00:45:48,168 --> 00:45:51,448
that run there's a little
pullback so we come up and then
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00:45:45,448 --> 00:45:48,168
high and then we start to pull
back okay but you see within
90
00:45:42,328 --> 00:45:45,448
right is all part of the up
move and then this is the swing
91
00:45:37,808 --> 00:45:42,328
get but if we zoom in in this
price section here all of this
92
00:45:32,648 --> 00:45:35,608
becomes my swing low and I need
to see that logo for there to
93
00:45:35,608 --> 00:45:37,808
be a trend change okay which
obviously we see we eventually
94
00:45:29,928 --> 00:45:32,648
took out that high it's this
low down here okay so this
95
00:45:15,768 --> 00:45:18,248
we break the swing high right
so that would be the break of
96
00:45:18,248 --> 00:45:21,408
structure to form a high high
so let me draw the song super
97
00:45:21,408 --> 00:45:27,288
quickly okay so let's say that
is our M15 break of structure
98
00:45:27,288 --> 00:45:29,928
so now we form a high height
whereas the lowest point that
99
00:45:09,228 --> 00:45:15,768
opinion. Right this would be a
swing pull back okay and then
100
00:45:05,468 --> 00:45:09,228
simple as your trading needs to
be to be effective in my humble
101
00:44:58,428 --> 00:45:01,948
much basically anything that
isn't swing structure from now
102
00:45:01,948 --> 00:45:05,468
on just refer to it as internal
structure okay and that is as
103
00:44:52,348 --> 00:44:55,308
it's not with bar replay and
again if you hear me kind of
104
00:44:50,068 --> 00:44:52,348
walk through and it's a bit of
a a bit of a faster pace and
105
00:44:55,308 --> 00:44:58,428
talk about minor structure and
substructure don't worry too
106
00:44:48,288 --> 00:44:50,068
in the next few videos we are
going to do a bit more of a
107
00:44:38,248 --> 00:44:40,768
is until we have at least a 40
pit pullback on the four hour
108
00:44:46,128 --> 00:44:48,288
about it right. I'll leave it
there. Hopefully enjoy it. Now
109
00:44:43,488 --> 00:44:46,128
the change of character stuff
okay? Um I won't go anymore
110
00:44:40,768 --> 00:44:43,488
chart on Euro dollar. Also
whereas you know and then do
111
00:44:34,888 --> 00:44:38,248
your box, mark it out. Okay? We
do not know where the swing low
112
00:44:31,808 --> 00:44:34,888
point that broke this low after
the low form. So you can draw
113
00:44:26,128 --> 00:44:28,688
and we continue the bearish
trend. After we have a break of
114
00:44:28,688 --> 00:44:31,808
structure, where is our new
swing high? It's the highest
115
00:44:23,728 --> 00:44:26,128
it. The candle closure confirms
we've had a break of structure
116
00:44:21,488 --> 00:44:23,728
break of structure, wait for
the candle closure to confirm
117
00:44:18,348 --> 00:44:21,488
yourself out loud like the way
I have right When we get a
118
00:43:59,988 --> 00:44:01,988
kind of go on any other
tangents and confusion anymore
119
00:43:40,208 --> 00:43:42,888
algorithm but as as you're
continuously obviously trading
120
00:40:14,468 --> 00:40:16,528
essentially how I do it.
Whenever prices doing in the
121
00:41:41,708 --> 00:41:44,468
eighty pips. So on and so
forth. The key here and I I do
122
00:43:02,948 --> 00:43:07,428
as far as I'm aware this then
becomes 100% mechanical okay
123
00:44:16,308 --> 00:44:18,348
nightmares about it every
single night and talk to
124
00:38:11,188 --> 00:38:15,908
a little bit let's measure this
okay not quite 40 pips okay
125
00:42:58,988 --> 00:43:02,948
for M15, I want to see at least
15 pips follow this process and
126
00:41:11,888 --> 00:41:14,688
so you don't get confused right
take your time and just look at
127
00:43:34,208 --> 00:43:37,728
the nearest two years okay so
that's why this isn't
128
00:43:17,108 --> 00:43:20,908
something like I am which is a
pip rule volatility can change
129
00:43:24,808 --> 00:43:27,928
four hour chart eight years ago
volatility might be higher or
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00:42:50,208 --> 00:42:53,588
and the M15 for structure
alright are my two main go-to
131
00:39:53,588 --> 00:39:56,548
a bullish chalk but I would
need to see a candle closure to
132
00:41:09,488 --> 00:41:11,888
quickest I would recommend
drawing the boss line as well
133
00:41:25,588 --> 00:41:27,868
swing structure. But what you
need to then do is measure
134
00:42:47,648 --> 00:42:50,208
two main time frames I
personally use are the 4 hour
135
00:41:37,508 --> 00:41:39,428
on bigger swings in price
action right? You want to see
136
00:38:52,948 --> 00:38:56,028
structure. We have a can of
closure below. So mechanically
137
00:43:27,928 --> 00:43:31,328
might be lower than it is
currently okay so 40 pips back
138
00:42:44,448 --> 00:42:47,648
but I'm getting ahead of a bit
ahead of myself here but the
139
00:42:05,628 --> 00:42:08,948
your strategy as mechanical as
possible just to remove any you
140
00:43:13,508 --> 00:43:17,108
final caveat I would leave with
you is that if you're using
141
00:39:08,948 --> 00:39:11,268
becomes our swing high. So now
you can get your pretty little
142
00:39:33,048 --> 00:39:35,848
high and this is an example
where it's in the exact same
143
00:41:07,088 --> 00:41:09,488
swing structure okay use the
circle tool whatever is
144
00:41:44,468 --> 00:41:47,588
a big rant on this later in the
lessons that you're going to
145
00:38:56,028 --> 00:38:58,948
where is our new swing high?
It's the highest point that
146
00:42:42,408 --> 00:42:44,448
daily chart I like to use a
little bit of discretion there
147
00:40:56,008 --> 00:40:58,688
take the four hour chart right
zoom out do like a year or
148
00:41:27,868 --> 00:41:31,388
that. I go okay it's not quite
40 pips. So maybe your rule
149
00:38:37,048 --> 00:38:39,128
character now that doesn't mean
that the fourhound cut have a
150
00:42:23,408 --> 00:42:26,408
full another full chart walk
through just focusing on the
151
00:41:53,988 --> 00:41:56,628
madness so that's why when I
tested it and I've got my 40
152
00:41:58,868 --> 00:42:02,668
mechanical and that's it and
that's how you know hopefully
153
00:41:50,268 --> 00:41:53,988
trading is to be consistent.
Okay bring your method to the
154
00:41:31,388 --> 00:41:34,988
needs to be 35 or 30. So on and
so forth. Some of you may think
155
00:40:04,308 --> 00:40:06,668
that there, okay? So, that's
twenty-seven pips. It's not a
156
00:40:48,168 --> 00:40:50,568
right you can you can plug that
into an algorithm now with the
157
00:43:45,168 --> 00:43:47,608
you can adjust your rules but I
know right now with with all of
158
00:38:20,328 --> 00:38:23,848
that yeah forty pips okay so
get your pretty little circle
159
00:37:15,088 --> 00:37:17,728
it it's black and white but we
don't yet know where the swing
160
00:38:58,948 --> 00:39:01,188
broke this low after it was
formed. So if you're confused
161
00:44:07,628 --> 00:44:10,468
internal structure just watch
it again and again and again
162
00:38:03,308 --> 00:38:06,188
swing low yet because we have
not had a 40 pit pull back
163
00:37:52,108 --> 00:37:54,788
we have now taken out the
internal low to form a lower
164
00:38:08,948 --> 00:38:11,188
candles low it's all part of
the down move okay we pull back
165
00:37:57,948 --> 00:38:00,748
nearest internal lower high
that I would need to see go
166
00:42:15,428 --> 00:42:17,788
so hopefully that makes sense
you know drop a drop a comment
167
00:44:10,468 --> 00:44:14,068
and again until you have this
mechanical method right it just
168
00:42:02,668 --> 00:42:05,628
you're learning here the ways
in which you can you can make
169
00:42:56,388 --> 00:42:58,988
hour keep it mechanical I
want to see at least 40 pips
170
00:37:36,808 --> 00:37:44,088
yet That might be 40 pips. Not
quite yet. Okay, boom. Let me
171
00:40:27,168 --> 00:40:29,408
this video out here to go
through it almost painfully
172
00:42:33,768 --> 00:42:36,168
but again don't worry about the
time frame too much just yet
173
00:37:49,388 --> 00:37:52,108
mechanical as a robot that for
me is not swing structure but
174
00:40:41,608 --> 00:40:45,528
but as far as I'm aware that is
now 100% mechanical right the
175
00:40:23,128 --> 00:40:27,168
speak to myself every single
day I just really wanted to put
176
00:38:47,628 --> 00:38:50,388
I'm just going to move this out
the way. So this will be the
177
00:35:48,908 --> 00:35:51,808
entire time okay so let's go
through this a little bit more
178
00:37:12,248 --> 00:37:15,088
mechanical certity there's no
live or buts about it that is
179
00:38:31,048 --> 00:38:33,208
candles you can double check it
if you put your candle on there
180
00:39:45,888 --> 00:39:48,788
in Wick broked it, Wick broke
it, if it Wick breaked it,
181
00:36:17,288 --> 00:36:19,848
as soon as we get the counter
closure what we can do is we
182
00:36:41,488 --> 00:36:44,328
internal lower high that I
would need to see broken for
183
00:36:25,848 --> 00:36:28,568
the lowest form so that becomes
here so now I can put my pretty
184
00:44:14,068 --> 00:44:16,308
absolutely printed into your
mind until you're having
185
00:39:56,548 --> 00:39:59,148
say there's a true break of
structure and to say that the
186
00:36:39,008 --> 00:36:41,488
truck line to where is the
where is the most recent
187
00:36:56,888 --> 00:36:59,288
of these candles break the
price low so that would be the
188
00:36:14,248 --> 00:36:17,288
really really slowly okay so
now we had a break of structure
189
00:41:23,268 --> 00:41:25,588
for me that is a swing
pullback. I I I see that as
190
00:38:41,208 --> 00:38:43,568
the change of character is not
confirmed until that high goes
191
00:43:56,148 --> 00:43:58,188
long time for you to kind of
gradually notice that so don't
192
00:35:07,528 --> 00:35:11,528
and I now know that this is my
swing low so drag use one of
193
00:39:03,828 --> 00:39:06,628
broken. Drag the tool up. Okay
where is the highest point? You
194
00:44:01,988 --> 00:44:05,588
than you need to be please if
there's two videos right that
195
00:35:51,808 --> 00:35:53,888
quickly now and you can just
see a bit more of an example
196
00:38:23,848 --> 00:38:26,608
out now you can mark your swing
low now you can draw your line
197
00:39:35,848 --> 00:39:38,568
place as the internal swing
high okay so sometimes they
198
00:38:15,908 --> 00:38:20,328
that's probably about 40 pips
now okay boom right let's call
199
00:43:50,168 --> 00:43:53,948
pips for me works perfectly
okay so I just stick to that it
200
00:37:54,788 --> 00:37:57,948
low so now we move this line
down because this becomes our
201
00:38:35,168 --> 00:38:37,048
candles low so still we have
not had a bullish change of
202
00:43:58,188 --> 00:43:59,988
worry too much but yeah I'll
leave that there before I
203
00:38:26,608 --> 00:38:31,048
there right now here's we have
to be careful but all of these
204
00:42:26,408 --> 00:42:28,648
four hour chart for me I will
put this below the video but
205
00:41:14,688 --> 00:41:17,528
what to you with your naked eye
looks like a significant
206
00:42:53,588 --> 00:42:56,388
time frames I have them on my
charts all the time so for four
207
00:43:37,728 --> 00:43:40,208
necessarily something I would
build into you know an EA or an
208
00:43:20,908 --> 00:43:24,808
on a currency over time okay so
if you potentially back test a
209
00:42:39,088 --> 00:42:42,408
90 pips but as you'll see I'm a
little bit more loose with the
210
00:37:44,088 --> 00:37:49,388
just double check that. Okay
38. 4 pips I'm going to be as
211
00:41:39,428 --> 00:41:41,708
something really prominent. So
your rule might be 60 pips or
212
00:43:53,948 --> 00:43:56,148
it's not going to change that
much okay over time it takes a
213
00:35:23,708 --> 00:35:26,068
price does not come up and
close above this high right it
214
00:43:10,188 --> 00:43:13,508
find out what pip rule makes
sense to you now the final
215
00:43:47,608 --> 00:43:50,168
the recent data that I have in
the last year to two years 40
216
00:37:29,928 --> 00:37:33,048
line that I would need to see
go right before I would know
217
00:44:05,588 --> 00:44:07,628
you need to master it's this
one and the one before it
218
00:40:53,848 --> 00:40:56,008
start out because what you will
need to do is you will need to
219
00:43:42,888 --> 00:43:45,168
everyday you're going to notice
the volatility changes and then
220
00:40:16,528 --> 00:40:18,408
live market you can see how it
doesn't breach the high and
221
00:42:36,168 --> 00:42:39,088
we'll get into this and the
daily chart generally more than
222
00:43:07,428 --> 00:43:10,188
but just do that test first
with your swing structure to
223
00:42:20,668 --> 00:42:23,408
start now with just your dollar
you'll see we do a full walk
224
00:40:18,408 --> 00:40:20,928
then we can continue down so on
and so forth and you can keep
225
00:41:19,568 --> 00:41:23,268
actually of circuits you don't
want to buy. You actually know
226
00:36:28,568 --> 00:36:32,848
little circle on my swing high
right this becomes the highest
227
00:40:08,988 --> 00:40:11,828
okay? So, now we can cement.
Okay, this is my swing though.
228
00:40:11,828 --> 00:40:14,468
Put your pretty soak on. So on
and so forth, right? And that's
229
00:42:28,648 --> 00:42:30,768
for me at the moment I
currently like to see at least
230
00:42:12,988 --> 00:42:15,428
any doubts do you know what I
mean if if you're not sure okay
231
00:40:29,408 --> 00:40:33,968
slowly and tell you well based
on the last video and based on
232
00:42:08,948 --> 00:42:12,988
know you know if if any what's
the word I'm looking for any
233
00:39:48,788 --> 00:39:51,228
whatever the English phrase is,
if it if if price came up here
234
00:42:30,768 --> 00:42:33,768
40 pips on the four hour chart
at least 15 pips on the M-15,
235
00:41:47,588 --> 00:41:50,268
going to listen to and I'm sure
you'll enjoy is the key with
236
00:40:06,668 --> 00:40:08,988
swing pullback yet. That
probably is a swing pullback,
237
00:40:33,968 --> 00:40:38,208
this video you should as as far
as I'm personally aware maybe
238
00:41:17,528 --> 00:41:19,568
pullback because some of you
you might think well no
239
00:38:43,568 --> 00:38:47,628
okay okay boom now we have a
candle closure below here So
240
00:42:17,788 --> 00:42:20,668
below if if you have any
questions or anything but yeah
241
00:41:56,628 --> 00:41:58,868
pit rule in there now I just
try to stick to that it's just
242
00:36:04,088 --> 00:36:07,848
is I'll just move this swing
low on that way we'll use that
243
00:40:01,628 --> 00:40:04,308
much in the same place. I
appreciate well, we just do
244
00:41:01,448 --> 00:41:04,288
don't worry about doing all
your changes of character and
245
00:40:58,688 --> 00:41:01,448
two's worth of price action and
just with the naked eye right
246
00:39:26,648 --> 00:39:30,408
then the four hour chart
becomes bullish okay now where
247
00:39:22,168 --> 00:39:24,368
smaller range okay because this
becomes our new swing high
248
00:41:34,988 --> 00:41:37,508
well that's not that big of a
pullback. You may want to focus
249
00:39:41,408 --> 00:39:45,888
price was to come up and if it
was to to break this level okay
250
00:34:49,868 --> 00:34:51,868
an instance where we have not
had a bullish change of
251
00:40:50,568 --> 00:40:53,848
swing structure it's
discretionary when you first
252
00:40:38,208 --> 00:40:41,608
you guys will point out any
holes in my in my in my method
253
00:40:45,528 --> 00:40:48,168
internal structure there's no
if buts if buts maybes about it
254
00:33:56,948 --> 00:34:00,548
in this case it stays the same
simple okay so now we have a
255
00:41:04,288 --> 00:41:07,088
stuff right the the internal
structure just focus on the
256
00:38:33,208 --> 00:38:35,168
and read all this but all of
these candles break the prior
257
00:39:16,968 --> 00:39:19,528
to get out there that's our new
swing high okay so now we can
258
00:39:19,528 --> 00:39:22,168
bring this and we now know
we're playing within this much
259
00:39:38,568 --> 00:39:41,408
will overlap they will be the
same thing so right now if
260
00:36:44,328 --> 00:36:46,728
there to be a bullish chalk
it's this high here okay
261
00:34:04,108 --> 00:34:06,528
pullback a time frame so we
expect before our pullback now
262
00:39:24,368 --> 00:39:26,648
right so if price was to break
up and close above that high
263
00:38:39,128 --> 00:38:41,208
decent pullback it's just
telling you that the you know
264
00:39:51,228 --> 00:39:53,588
and just wicked it, that would
be enough for me to see there's
265
00:37:01,888 --> 00:37:05,928
to switch bullish so that
becomes my chock line right
266
00:37:22,888 --> 00:37:25,048
we expect the pull back on this
time frame how can we
267
00:40:20,928 --> 00:40:23,128
following that process so
that's how I do it that's how I
268
00:34:32,128 --> 00:34:36,908
need to see go for there to be
bullish change of character but
269
00:39:06,628 --> 00:39:08,948
see how it's not here? It's
this point here. So this point
270
00:36:49,728 --> 00:36:53,528
the high you can see the
movement there right price
271
00:33:36,108 --> 00:33:38,788
and then we come down and close
and now we're bearish where
272
00:37:33,048 --> 00:37:36,808
that okay so let's have a look
is this 40 pip **** not quite
273
00:39:11,268 --> 00:39:16,968
circle. Alright the highlighter
ten highlighter pen tool trying
274
00:39:59,148 --> 00:40:01,628
swing trend has has switched
bullish, okay? So, it's pretty
275
00:37:10,208 --> 00:37:12,248
of character that's my swing
high we know those with the
276
00:33:54,308 --> 00:33:56,948
straight away you can now
define where your swing high is
277
00:36:19,848 --> 00:36:22,608
can mark out with mechanical
certity where our swing high is
278
00:36:59,288 --> 00:37:01,888
high that I would need to see
go for the internal structure
279
00:34:12,528 --> 00:34:16,688
kick in okay so what can we use
to help us potentially signal
280
00:33:33,628 --> 00:33:36,108
it's just a big alright it was
never a true break of structure
281
00:38:00,748 --> 00:38:03,308
right to get that bullish chalk
okay but we have not had a
282
00:37:17,728 --> 00:37:20,728
low is until what until we get
a 40 pit pull back so we had a
283
00:34:58,948 --> 00:35:01,468
the rule that I have put in
place in my plan that the
284
00:34:36,908 --> 00:34:40,348
remember for a swing to to know
where the swing low is what do
285
00:34:55,428 --> 00:34:58,948
mark with you know 100%
mechanical certainty because of
286
00:36:22,608 --> 00:36:25,848
our swing high is the highest
point that broke this low after
287
00:36:53,528 --> 00:36:56,888
comes down it moves up it comes
down it moves up and then all
288
00:37:05,928 --> 00:37:10,208
okay change of character so
we're bearish that's my change
289
00:33:38,788 --> 00:33:41,588
would the swing high would be
in that instance right you
290
00:36:12,208 --> 00:36:14,248
quickly but hopefully you guys
can follow now after me going
291
00:36:07,848 --> 00:36:10,568
in a second so I'll delete this
one we'll put this as a break
292
00:35:17,768 --> 00:35:23,708
paying within the swing range
here so now you know as long as
293
00:34:19,328 --> 00:34:21,568
character we wait for that
internal structure to switch
294
00:36:35,688 --> 00:36:39,008
right this becomes the swing
high now where do I move the
295
00:36:00,488 --> 00:36:04,088
now we have a candle closure
okay so what will happen then
296
00:35:01,468 --> 00:35:04,488
moment we get that 40 pit pull
back in a right when we get the
297
00:38:50,388 --> 00:38:52,948
last example just so you guys
get it. That's the break of
298
00:34:00,548 --> 00:34:04,108
four hour break of structure
what do we expect we expect a
299
00:31:31,188 --> 00:31:33,668
candle and remember it's key
you have to wait for the candle
300
00:35:46,308 --> 00:35:48,908
and then come down the swing
trend has been bearish the
301
00:32:42,668 --> 00:32:45,388
broke it so use the box rule if
it helps draw your box from
302
00:34:26,128 --> 00:34:28,808
move right all the way from
here that's all bearish right
303
00:38:06,188 --> 00:38:08,948
alright let's keep going all
those candles break the prior
304
00:36:46,728 --> 00:36:49,728
because if you look back that's
the last candle right this is
305
00:39:30,408 --> 00:39:33,048
is our change of character line
where is the nearest internal
306
00:39:01,188 --> 00:39:03,828
use the box. Draw it from the
swing low over to where it was
307
00:36:32,848 --> 00:36:35,688
point that broke the low so now
we can move this line down
308
00:33:52,148 --> 00:33:54,308
now the moment we get that kind
of closure below the low
309
00:37:20,728 --> 00:37:22,888
break of structure what do we
expect after break of structure
310
00:35:53,888 --> 00:35:57,568
and then we'll leave it there
okay so let's see what happens
311
00:35:42,188 --> 00:35:44,228
close above the high right it
could spike it like that if it
312
00:33:15,088 --> 00:33:17,448
a little bit more complex some
things can be confusing is when
313
00:43:31,328 --> 00:43:34,208
then might not make as much
sense as it does you know in
314
00:35:11,528 --> 00:35:14,568
your lines right and map it out
so now what you can do and this
315
00:31:27,448 --> 00:31:31,188
high low is going to form here
and stay intact okay boom next
316
00:37:25,048 --> 00:37:27,728
anticipate when that pullback
is going to start we can look
317
00:33:30,208 --> 00:33:33,628
right so imagine this is just a
big this is just a big wick
318
00:36:10,568 --> 00:36:12,208
of structure okay so I'm
going to try and do this
319
00:35:29,308 --> 00:35:32,788
it can break the internal lower
high to make an internal high
320
00:34:06,528 --> 00:34:08,288
it doesn't have to happen
straight away price could
321
00:31:33,668 --> 00:31:36,428
closure wait for it to close
because what can happen is
322
00:35:26,068 --> 00:35:29,308
can do anything at once right
in terms of it can come up here
323
00:37:27,728 --> 00:37:29,928
for a bullish change of
character and that would be the
324
00:29:59,688 --> 00:30:02,328
just ranging do we break that
high don't believe we do yeah
325
00:32:49,308 --> 00:32:53,228
just drag it upwards okay so
from where the low formed to
326
00:33:12,368 --> 00:33:15,088
after it formed but sometimes
what can happen right and it is
327
00:34:28,808 --> 00:34:32,128
so that is our most recent
internal high that we would
328
00:33:41,588 --> 00:33:43,748
would have to adjust it and
this would be the new swing
329
00:35:39,788 --> 00:35:42,188
right it can come all the way
up here as long as it doesn't
330
00:34:46,668 --> 00:34:49,868
how big is that let's see okay
that's over 40 pips so this is
331
00:35:32,788 --> 00:35:35,948
high so that would be a bullish
change of character right it
332
00:34:51,868 --> 00:34:55,428
character but we have had a
40-pit pullback so I can now
333
00:35:44,228 --> 00:35:46,308
wants or whatever as long as it
doesn't close above the high
334
00:34:10,528 --> 00:34:12,528
of the minds that potentially
before our pullback is going to
335
00:34:40,348 --> 00:34:43,148
I need to wait for and I want
to wait for a 40 pit pull back
336
00:32:56,028 --> 00:32:59,508
point in this grey box becomes
your swing high so in this
337
00:35:04,488 --> 00:35:07,528
40 pip bullish pullback I can
draw my pretty little circle
338
00:34:24,128 --> 00:34:26,128
candles break the prior candles
low it's all part of the down
339
00:35:35,948 --> 00:35:39,788
can do that up here that's fine
but the swing trend is bearish
340
00:33:27,168 --> 00:33:30,208
just spiked it we come back
down and then this happens
341
00:34:43,148 --> 00:34:46,668
on the 4 hour chart on your
dollar so just make sure right
342
00:34:21,568 --> 00:34:24,128
bullish so let's play price
forward see how all of these
343
00:33:19,648 --> 00:33:21,808
could have spiked that high
when we're still bullish and
344
00:30:57,888 --> 00:31:01,088
we're taking out this low this
this bearish internal low where
345
00:32:14,968 --> 00:32:19,648
bearish okay so what the
remember what I said the moment
346
00:32:35,508 --> 00:32:39,548
high it is the highest point
after the low forms that was
347
00:31:54,468 --> 00:31:58,748
this now here it's going to
change this to a break of
348
00:32:19,648 --> 00:32:23,368
we get that candle closure
below a swing low or high right
349
00:32:08,128 --> 00:32:11,648
at okay so now we've had a
bearish break of structure a
350
00:35:57,568 --> 00:36:00,488
nothing's happening we're just
ranging just ranging okay boom
351
00:32:45,388 --> 00:32:49,308
where the low was right to
where it was broken and then
352
00:32:23,368 --> 00:32:26,208
a swing break of structure the
very very minute that this
353
00:31:41,588 --> 00:31:44,108
that means the trend stay
bullish you have to wait for
354
00:33:10,008 --> 00:33:12,368
was the highest point right
that went on to break the low
355
00:31:19,288 --> 00:31:21,808
need to see this high go for
the bearish internal structure
356
00:30:15,328 --> 00:30:17,408
top bit here right use this to
your advantage where it tells
357
00:33:48,588 --> 00:33:52,148
the video just to explain that
okay so hopefully you can see
358
00:33:17,448 --> 00:33:19,648
this price actually happen is
price could have moved up it
359
00:30:33,788 --> 00:30:36,748
micro pip short of of breaking
it right so we never breach the
360
00:30:55,308 --> 00:30:57,888
still bearish because we never
took out that high but now
361
00:34:16,688 --> 00:34:19,328
that pull back starting well we
wait for a bullish change of
362
00:35:14,568 --> 00:35:17,768
is just really really useful
right is go okay now we're
363
00:31:08,128 --> 00:31:10,288
like to be a bit more
aggressive and I always want to
364
00:33:06,008 --> 00:33:10,008
instance the swing high stays
in the same place because that
365
00:32:59,508 --> 00:33:06,008
instance when we had the trend
change excuse me in this
366
00:34:08,288 --> 00:34:10,528
literally tank for ages but we
just have to have in the back
367
00:33:43,748 --> 00:33:48,588
high okay I'll put an example
below in the in the notes below
368
00:31:48,548 --> 00:31:51,388
want to do it the same way as
me this is the way I do it okay
369
00:32:04,368 --> 00:32:06,168
you do this with all your
labels and your words in it
370
00:30:09,768 --> 00:30:11,808
right if you're not sure is if
you put your mouse on the
371
00:32:53,228 --> 00:32:56,028
where it was broken and then
drag it upwards the highest
372
00:32:30,448 --> 00:32:35,508
certainty define where my swing
high is okay where is my swing
373
00:30:52,428 --> 00:30:55,308
in a four hour chart but the
bearish internal structure is
374
00:32:39,548 --> 00:32:42,668
broken so after this low formed
where is the highest point that
375
00:32:26,208 --> 00:32:30,448
candle closes straight away I
can now mechanically 100%
376
00:29:40,628 --> 00:29:42,868
right now you'd be sitting on
your hands and you'd be waiting
377
00:33:21,808 --> 00:33:24,808
close back below so that means
we would never would have had a
378
00:31:10,288 --> 00:31:12,128
remember I always hit the
nearest inside bar me
379
00:31:24,288 --> 00:31:27,448
character that bullish chalk to
confirm potentially that the
380
00:32:06,168 --> 00:32:08,128
because it will just help you
to keep track of where you're
381
00:31:58,748 --> 00:32:02,048
structure put it in the so we
know exactly what we're looking
382
00:31:51,388 --> 00:31:54,468
boom now we have a candle
closure so what that means is
383
00:32:11,648 --> 00:32:14,968
four hour chart for me now the
four hour trend is confirmed
384
00:31:12,128 --> 00:31:14,328
personally I like to be more
aggressive with it okay but you
385
00:31:05,408 --> 00:31:08,128
you want right if you if you
just adjust it across but I
386
00:30:36,748 --> 00:30:39,388
high now if these were exactly
the same right they were both
387
00:30:49,348 --> 00:30:52,428
now we have not broken the four
hour low so we're still bullish
388
00:31:21,808 --> 00:31:24,288
to switch bullish to give us
that internal change of
389
00:33:24,808 --> 00:33:27,168
break of structure right if we
didn't close above the high we
390
00:31:14,328 --> 00:31:16,328
might want to use the kind of
more obvious height if you want
391
00:31:36,428 --> 00:31:38,788
price can wick down
aggressively right and then it
392
00:31:44,108 --> 00:31:46,748
that candle closure on the
swing trend if you do it the
393
00:30:07,408 --> 00:30:09,768
call it it has to break it by
one micropip so what you can do
394
00:30:17,408 --> 00:30:19,928
you the high the low the close
of the candle so again put your
395
00:31:38,788 --> 00:31:41,588
can wick back up and it can
close back above and the and
396
00:30:45,988 --> 00:30:49,348
trades high at this point we
keep going we keep going and
397
00:32:02,048 --> 00:32:04,368
at right and I really recommend
when you're starting out you
398
00:29:54,268 --> 00:29:56,068
signal you don't have to wait
for that but that's just
399
00:30:39,388 --> 00:30:43,468
513 again it's still not a
break of the high right and
400
00:31:16,328 --> 00:31:19,288
to but this is the way I do it
okay so now this point I would
401
00:29:10,328 --> 00:29:13,128
just always have your nearest
change of character line on
402
00:29:52,028 --> 00:29:54,268
then we can look to target at
high right it's just a little
403
00:30:22,648 --> 00:30:29,468
it says is 1. 1 8 513 okay 51 3
that's the high if we go to
404
00:30:43,468 --> 00:30:45,988
needs to break it by at least
one micropip okay so never
405
00:29:42,868 --> 00:29:47,068
for this dotted line to break
okay so if price was to do that
406
00:29:38,628 --> 00:29:40,628
going to hold you just want a
little bit more confirmation
407
00:31:46,748 --> 00:31:48,548
same way as me right you don't
have to do it but if you
408
00:30:02,328 --> 00:30:04,608
we trade as high as it but it
price from a bit it needs to
409
00:29:17,608 --> 00:29:21,168
moment this is the nearest
internal high in the bearish
410
00:31:01,088 --> 00:31:05,408
is our nearest internal high
right you can take this one if
411
00:29:21,168 --> 00:29:23,208
internal structure because we
had a movement down all those
412
00:29:31,628 --> 00:29:34,148
we've pulled back right so this
is the current internal
413
00:29:28,208 --> 00:29:31,628
candles right see how they all
broke the price low and then
414
00:29:56,068 --> 00:29:59,688
basically the way that we use
the concept okay so price is
415
00:29:25,608 --> 00:29:28,208
right so this is part of the
pullback and then all of these
416
00:29:47,068 --> 00:29:49,548
that potentially confirm that
the four hour high low is in
417
00:30:04,608 --> 00:30:07,408
break it even if it's one
micropip per pet whatever you
418
00:30:29,468 --> 00:30:33,788
here what is the high of this
candle 512 okay so that is a
419
00:30:11,808 --> 00:30:15,328
candle so here and then bring
your eyes up to here this this
420
00:29:36,348 --> 00:29:38,628
a bullish change of character
to confirm that this level's
421
00:29:23,208 --> 00:29:25,608
candles but the prior candles
low then they fail to do so
422
00:28:50,528 --> 00:28:52,968
bearish internal structure now
if the four hour chart is
423
00:29:13,128 --> 00:29:15,408
just because it helps you to
know what you're waiting for so
424
00:28:47,648 --> 00:28:50,528
little break of structure right
so now what happens we stay
425
00:28:44,608 --> 00:28:47,648
charts nice and clear and also
I don't care about every single
426
00:28:55,448 --> 00:28:57,608
low to hold the swing low
because it took out the high
427
00:30:19,928 --> 00:30:22,648
mouse on the candle look up
there what does it say the high
428
00:28:35,208 --> 00:28:37,528
this is the point where I'm not
going to label this I only
429
00:29:05,648 --> 00:29:07,928
so what can we wait for we can
wait for a bullish change of
430
00:29:49,548 --> 00:29:52,028
place potentially and the swing
trend is going to continue and
431
00:28:25,168 --> 00:28:27,248
you know it just becomes a
little bit of a compliment on
432
00:29:15,408 --> 00:29:17,608
this would be it okay because
this is the nearest at the
433
00:28:57,608 --> 00:28:59,848
right so that would be the
expectation right so we can
434
00:29:03,608 --> 00:29:05,648
this is where I would be
looking for a high low to form
435
00:28:40,168 --> 00:28:42,208
we stay bearish with the
internal structure I'm not
436
00:28:59,848 --> 00:29:01,648
look to get long here right
there's a demand zone here I
437
00:29:01,648 --> 00:29:03,608
won't draw on just don't need
to worry about it right now but
438
00:29:07,928 --> 00:29:10,328
character right now for some of
you it might be easier if you
439
00:28:42,208 --> 00:28:44,608
going to draw anything on okay
because you want to keep the
440
00:28:09,228 --> 00:28:11,948
character as as you go to the
course when we come into decent
441
00:28:11,948 --> 00:28:14,308
levels of value so imagine
there's a nice supply zone here
442
00:28:52,968 --> 00:28:55,448
going to stay bullish what do
we expect we expect this strong
443
00:29:34,148 --> 00:29:36,348
structure range we're playing
within so if you're waiting for
444
00:28:37,528 --> 00:28:40,168
concentrate or only draw on
structure when it shifts but if
445
00:28:27,248 --> 00:28:29,608
its own but yeah I don't
want to confuse you guys too
446
00:27:53,508 --> 00:27:55,708
now that the high low is in
place and we could be ready to
447
00:28:32,248 --> 00:28:35,208
internal structure we stay
bearish right we continue so
448
00:27:55,708 --> 00:27:58,068
go for the high again it is a
good signal but I just want you
449
00:28:22,388 --> 00:28:25,168
but it still doesn't mean that
can't come down so this is why
450
00:27:50,588 --> 00:27:53,508
did have a bullish change of
character there that can signal
451
00:28:29,608 --> 00:28:32,248
much at this stage okay so
let's see what happens with the
452
00:28:17,068 --> 00:28:19,868
signify this level and I'll be
looking for price to come down
453
00:28:14,308 --> 00:28:17,068
all I'm waiting for is that
bearish shift in structure to
454
00:28:19,868 --> 00:28:22,388
okay so we could you know
potentially switch bullish here
455
00:27:43,768 --> 00:27:45,848
the internal structure head
switch bearish. It's had a
456
00:27:38,488 --> 00:27:41,008
the nearest high go. It would
be this inside bar. Remember, I
457
00:28:06,948 --> 00:28:09,228
so this is why I only pay
attention to change of
458
00:28:01,908 --> 00:28:04,308
that you know that we're just
going to go we can like price
459
00:27:45,848 --> 00:27:47,848
little bit of pull back but
it's still bearish but the
460
00:27:41,008 --> 00:27:43,768
always take the nearest inside
bar if there is one. Okay, so
461
00:27:58,068 --> 00:27:59,868
to be aware and I really
want to make this point clear
462
00:28:04,308 --> 00:28:06,948
can be quite complex and you
can have this complex pullbacks
463
00:27:47,848 --> 00:27:50,588
point I want to drive home here
is that let's say that price
464
00:27:36,448 --> 00:27:38,488
character, what would we need
to see? We would need to see
465
00:27:59,868 --> 00:28:01,908
now is that it doesn't
necessarily mean that we get
466
00:27:31,408 --> 00:27:33,688
right? All those counters break
the price counters low and they
467
00:27:29,368 --> 00:27:31,408
change of character here and
price continues to move down,
468
00:27:33,688 --> 00:27:36,448
pull back. Remember that for
there to be a bullish change of
469
00:26:39,208 --> 00:26:43,368
this so now I can draw my
pretty little circle on my high
470
00:27:13,188 --> 00:27:18,428
structure now one point I
kind of want to drive home is
471
00:27:24,808 --> 00:27:26,768
It's just that first little
sign of internal structure
472
00:27:20,848 --> 00:27:22,648
that pull back. You need to
remember that change of
473
00:26:57,748 --> 00:26:59,828
useful if you want to do do
this in live market and and
474
00:27:09,268 --> 00:27:11,308
probably recognize this price
section because we we looked at
475
00:26:59,828 --> 00:27:03,148
when you're you know practicing
this now becomes your four
476
00:27:26,768 --> 00:27:29,368
shifting. So, at the moment,
right, when we get that bearish
477
00:27:06,588 --> 00:27:09,268
anticipate a pullback and let's
see what happens now you
478
00:27:18,428 --> 00:27:20,848
you could now we've had change
of character and we can have
479
00:26:50,388 --> 00:26:52,828
bullish because this is the
swing low so now that I've put
480
00:27:22,648 --> 00:27:24,808
character is extremely
extremely aggressive, right?
481
00:27:11,308 --> 00:27:13,188
this when we looked at the
previous video in the internal
482
00:26:55,108 --> 00:26:57,748
back what I can do right just
to help you this is really
483
00:26:46,808 --> 00:26:50,388
now had a bearish change of
character okay but still
484
00:27:03,148 --> 00:27:06,588
hours swing high right boom
okay now we can potentially
485
00:26:36,448 --> 00:26:39,208
so I know it's really pathetic
but trust me you you will need
486
00:26:20,808 --> 00:26:23,168
right so going to be super
mechanical whoops I didn't mark
487
00:26:27,448 --> 00:26:30,248
movement so let's try and be
100% mechanical right that for
488
00:26:30,248 --> 00:26:33,048
me now means we have had a
swing pullback because it's
489
00:26:14,048 --> 00:26:16,768
right now let's also measure
from the high down to the low
490
00:26:52,828 --> 00:26:55,108
my pretty little circuit on
because we've had a 40 pit pull
491
00:26:23,168 --> 00:26:27,448
it properly there we go let's
see okay that's a 43. 7 pip
492
00:25:48,208 --> 00:25:50,288
swing high is okay and the
internal structure has stayed
493
00:26:43,368 --> 00:26:46,808
to tell me that that is now a
swing high right we have also
494
00:26:10,768 --> 00:26:14,048
reversal right we never know
but the trend is still bullish
495
00:25:54,288 --> 00:25:56,448
bar inside bar so it's getting
a little messy now we have
496
00:26:33,048 --> 00:26:36,448
more than 40 pips on the four
hour chart on Euro dollar okay
497
00:25:50,288 --> 00:25:54,288
bullish the entire time so
let's keep going okay inside
498
00:26:02,008 --> 00:26:04,448
that the internal structure has
now shifted bearish and
499
00:25:38,908 --> 00:25:41,268
high now again just double
check that there wasn't a forty
500
00:26:16,768 --> 00:26:20,808
how we had forty movement yet
okay almost pretty much there
501
00:26:08,128 --> 00:26:10,768
four hour pull back at least
right or it could turn into
502
00:25:23,748 --> 00:25:26,188
still our recent internal low
and we have clearly not had a
503
00:25:56,448 --> 00:25:59,008
weights that low okay so now we
have had a bearish change of
504
00:25:46,248 --> 00:25:48,208
low is still down here and we
still don't know where the
505
00:25:26,188 --> 00:25:29,428
40pit pull back right okay boom
so now what happen in that one
506
00:25:41,268 --> 00:25:46,248
pit pull clearly wasn't right
that was 18 pips okay so swing
507
00:26:04,448 --> 00:26:08,128
potentially signaled that we
may now be having at least a
508
00:25:59,008 --> 00:26:02,008
character so it's the first
time right this entire time
509
00:25:17,948 --> 00:25:21,188
that one okay now we've had a a
bit of a pullback right minor
510
00:25:15,428 --> 00:25:17,948
candle breaks the prior candles
high so does that one so does
511
00:25:36,308 --> 00:25:38,908
is the nearest low that took
that high out that internal
512
00:25:21,188 --> 00:25:23,748
pull back but there's nothing
to do yet okay because this is
513
00:25:29,428 --> 00:25:33,308
candle we pull back right and
then we took the high so now my
514
00:25:07,728 --> 00:25:10,048
your swing low you know that
this is your your nearest
515
00:25:33,308 --> 00:25:36,308
most recent internal low
becomes this one because this
516
00:25:10,048 --> 00:25:12,708
internal low right so right now
the swing is bullish and the
517
00:25:12,708 --> 00:25:15,428
internal structure is bullish
so let's keep going okay that
518
00:25:05,728 --> 00:25:07,728
you know what range you're
playing within you know this is
519
00:25:03,328 --> 00:25:05,728
when I'm in bullish and then
you know exactly where you are
520
00:25:00,408 --> 00:25:03,328
like a dash line where your
nearest internal low is right
521
00:24:58,168 --> 00:25:00,408
and you could probably always
leave you know if you want is
522
00:24:55,928 --> 00:24:58,168
horizontal line like this this
can really help me starting out
523
00:24:53,528 --> 00:24:55,928
is always have your swing low
marked out right you use a
524
00:24:50,168 --> 00:24:53,528
market whatever current
wherever current price action
525
00:24:44,848 --> 00:24:47,848
target that week high okay so
this is how I would have it
526
00:24:47,848 --> 00:24:50,168
mapped out right and this is
what you can do in a live
527
00:24:41,508 --> 00:24:44,848
higher low is in place and now
we can look to get long to
528
00:24:39,188 --> 00:24:41,508
would now signal to me that
potentially the four hour
529
00:24:34,348 --> 00:24:36,828
so we would then get a bullish
change of character right
530
00:24:27,508 --> 00:24:30,388
have a four hour pullback and
then what I would wait for is
531
00:24:25,228 --> 00:24:27,508
what that would signal to me is
that potentially we're going to
532
00:24:07,668 --> 00:24:11,108
not yet had a 40 pit pull back
so there is no significant
533
00:24:30,388 --> 00:24:34,348
for that 4 hour internal lower
high to be broken to the upside
534
00:24:22,428 --> 00:24:25,228
for me would be a bearish 4
hour change of character and
535
00:24:18,348 --> 00:24:22,428
was to come down right like
this and and wick that low that
536
00:24:36,828 --> 00:24:39,188
remember the swing trend is
bullish the whole time that
537
00:24:04,988 --> 00:24:07,668
my swing low we've gone on to
make a high high but we have
538
00:24:14,628 --> 00:24:18,348
pullback we've had an internal
pullback right so now if price
539
00:24:11,108 --> 00:24:14,628
swing pull back just yet okay
but we have had a minor
540
00:23:57,828 --> 00:24:02,068
move so this is our most recent
internal low okay so hopefully
541
00:24:02,068 --> 00:24:04,988
it's now making sense of what
how how we map this so this is
542
00:23:53,828 --> 00:23:55,788
it took out the high right and
we look back all of these
543
00:23:55,788 --> 00:23:57,828
candles broke the prior candles
high that's all part of the up
544
00:23:51,828 --> 00:23:53,828
nearest low right obviously
it's a significant low because
545
00:23:45,908 --> 00:23:48,708
wick at least a wick for there
to be a bearish change of
546
00:23:48,708 --> 00:23:51,828
character it would be this low
here okay because this is the
547
00:23:38,388 --> 00:23:42,308
looking at change of character
where is your most recent
548
00:23:42,308 --> 00:23:45,908
internal low that you would
need to see be broken with a
549
00:23:29,388 --> 00:23:32,468
now we've taken out this high
so but that wasn't a 40 pit
550
00:23:34,868 --> 00:23:38,388
internal pullback okay so what
that means is if you're also
551
00:23:32,468 --> 00:23:34,868
pullback so that to me is not a
swing pull back that is just an
552
00:23:23,828 --> 00:23:26,788
see this is what we're doing
right we've only pulled back 23
553
00:23:20,268 --> 00:23:23,828
yet let me measure this pull
back let me see just quickly
554
00:23:26,788 --> 00:23:29,388
pips that's not significant for
me for the four hour chart okay
555
00:23:17,428 --> 00:23:20,268
high it's all part of the up
move right nothing's happened
556
00:23:15,308 --> 00:23:17,428
because what all of these
candles broke the prior candles
557
00:23:09,628 --> 00:23:12,788
made a high high but all I'm
doing now is waiting for a 40
558
00:23:12,788 --> 00:23:15,308
pit pull back right we haven't
even had a change of character
559
00:23:07,628 --> 00:23:09,628
you can see it that's my
current swing low we've now
560
00:23:03,308 --> 00:23:07,628
it to the bottom put it to the
right okay little bit bigger so
561
00:22:58,088 --> 00:23:03,308
pull back so I can mark this
out as my as my swing low put
562
00:22:50,848 --> 00:22:54,568
a high high but I cannot mark
out with confidence where my
563
00:22:54,568 --> 00:22:58,088
actual swing high is until we
get what until we get a 40pit
564
00:22:37,708 --> 00:22:40,148
I can help you guys out with
that okay so this point here
565
00:22:47,968 --> 00:22:50,848
is our swing low no matter what
and we have now gone on to make
566
00:22:44,968 --> 00:22:47,968
so you can see how there's no
if buts and hips about it that
567
00:22:40,148 --> 00:22:44,968
becomes our new swing low right
boom that's our swing low okay
568
00:22:31,788 --> 00:22:34,308
right and somewhere within that
grey box wherever the lowest
569
00:22:34,308 --> 00:22:37,708
point is that is now your swing
low okay that's the easiest way
570
00:22:28,788 --> 00:22:31,788
structure and then just drag it
down as far as you need to go
571
00:22:25,628 --> 00:22:28,788
high is right and then draw it
across to where price broke
572
00:22:23,348 --> 00:22:25,628
complex what you can do is you
can draw a box from where the
573
00:22:21,468 --> 00:22:23,348
sometimes it's easy in this
case sometimes a bit more
574
00:22:18,388 --> 00:22:21,468
formed so again if this is this
will help you right because
575
00:22:15,748 --> 00:22:18,388
or it's the lowest point that
took this high out after it
576
00:22:12,688 --> 00:22:15,748
candle has closed above it
where is my current swing low
577
00:22:08,368 --> 00:22:12,688
structure right soon as the
candles for you right now the
578
00:22:04,728 --> 00:22:08,368
pull back now when we got this
here this break of four hour
579
00:22:02,648 --> 00:22:04,728
do this so you can see exactly
what I'm talking about right we
580
00:21:53,648 --> 00:21:56,128
remember I want to see at least
the 40 pip pull back so that
581
00:21:59,168 --> 00:22:02,648
was a swing pullback right so
let me mark out just going to
582
00:21:56,128 --> 00:21:59,168
tells me okay it's a mechanical
way of defining that yes this
583
00:21:51,168 --> 00:21:53,648
that will give me that says it
was fifty-one pips okay so
584
00:21:44,748 --> 00:21:48,088
the highs the way doing this is
I'm holding shift and clicking
585
00:21:41,468 --> 00:21:44,748
care about what I do is I mark
out right you can measure it
586
00:21:48,088 --> 00:21:51,168
and then it will bring you you
can measure it in pips okay and
587
00:21:39,188 --> 00:21:41,468
minor pullback right an
internal pullback that I don't
588
00:21:28,268 --> 00:21:32,468
currently view and map
structure okay so for our chart
589
00:21:34,788 --> 00:21:36,988
swing low now just to double
check that this was a swing
590
00:21:36,988 --> 00:21:39,188
pullback right this movement
here that it wasn't just a
591
00:21:24,788 --> 00:21:28,268
watching should be the clearest
kind of kind of way that I
592
00:21:32,468 --> 00:21:34,788
we are currently bullish we
have made a swing high and a
593
00:21:22,468 --> 00:21:24,788
the next videos but these two
videos right now that you're
594
00:21:09,948 --> 00:21:12,948
videos have been recorded so
these two videos kind of
595
00:21:18,628 --> 00:21:22,468
process and then yeah you'll
you'll see how I apply it in
596
00:21:12,948 --> 00:21:15,388
represent the the most simple
and clearest way that I
597
00:21:07,548 --> 00:21:09,948
one in the previous one are
both been added since those
598
00:21:15,388 --> 00:21:18,628
currently view and my current
approach so really follow this
599
00:21:05,428 --> 00:21:07,548
right these these videos right
now that you're watching this
600
00:21:02,148 --> 00:21:05,428
of depth but I do want to just
kind of like I've I keep saying
601
00:20:59,268 --> 00:21:02,148
are videos that you're about to
watch that do this in in a lot
602
00:20:56,348 --> 00:20:59,268
going to do a super long walk
through just now because there
603
00:20:50,388 --> 00:20:52,588
everything will be easier okay
right with that said let's go
604
00:20:52,588 --> 00:20:56,348
look at some price action
examples okay so I'm not
605
00:20:47,548 --> 00:20:50,388
into your subconscious I
promise you so much that
606
00:20:45,068 --> 00:20:47,548
watching paint dry but when you
really really get this nailed
607
00:20:39,728 --> 00:20:42,588
super super super super clear
for all of you guys before
608
00:20:42,588 --> 00:20:45,068
before you move it on okay so I
appreciate this is like
609
00:20:37,408 --> 00:20:39,728
to death anymore with that but
I just want to make the super
610
00:20:34,488 --> 00:20:37,408
then we follow the same process
right I don't want to bore you
611
00:20:31,728 --> 00:20:34,488
this between the swing low and
between the swing high okay and
612
00:20:29,408 --> 00:20:31,728
low and now I mark out the
range I'm in okay so I'm in
613
00:20:26,128 --> 00:20:29,408
pips that now I can go
mechanically that is my swing
614
00:20:23,368 --> 00:20:26,128
might be putting back but it's
only when we pull back that 40
615
00:20:21,328 --> 00:20:23,368
understand that the change of
character is just a signal we
616
00:19:26,448 --> 00:19:28,488
more complex you can get a
bullish change of character but
617
00:20:15,288 --> 00:20:17,808
right you don't have to wait
for 40 pip movement first you
618
00:20:13,088 --> 00:20:15,288
don't have to wait to if you
want to trade this pullback
619
00:20:06,508 --> 00:20:08,308
I don't know where the swing
low is until we pull back at
620
00:18:27,788 --> 00:18:31,148
pulls back more than 40 pips
okay boom so what I will do is
621
00:18:01,288 --> 00:18:03,688
frame analysis so the rule you
just need to have in your heads
622
00:17:50,128 --> 00:17:53,768
you guys is just follow what I
use okay so when you're first
623
00:17:26,228 --> 00:17:27,868
trade because they're all
going to have different
624
00:18:07,148 --> 00:18:10,308
need to say 40 pip pull back
right before we can mark out
625
00:16:16,028 --> 00:16:18,628
let's say that this now is 40
pips the moment that this
626
00:17:17,308 --> 00:17:19,708
nice line across until I
personally see at least a
627
00:16:39,208 --> 00:16:41,368
was up here right as soon as we
had that break of structure
628
00:16:43,608 --> 00:16:48,048
within okay so hopefully you
can start to see how we are
629
00:19:56,548 --> 00:20:00,148
our swing low going to be I
can't scroll price across to
630
00:16:54,568 --> 00:16:56,608
whether it's bullish so when
it's bullish we know straight
631
00:16:56,608 --> 00:16:59,328
away where the swing low is the
lowest point but we wait for a
632
00:15:13,288 --> 00:15:15,808
how mechanical that is it would
always be the highest point as
633
00:14:49,848 --> 00:14:54,808
the highest point that broke
this low after the low formed
634
00:15:31,248 --> 00:15:34,548
at some point but I can't say
right if the price if price was
635
00:20:10,808 --> 00:20:13,088
change of character to
potentially signal okay so you
636
00:19:47,188 --> 00:19:49,788
it's not here it's the highest
point for our swing high so now
637
00:15:56,068 --> 00:15:58,268
of character tells us it's a
good sign that potentially
638
00:14:40,728 --> 00:14:43,728
structure we can see the swing
bearish trend is continuing
639
00:13:44,028 --> 00:13:47,188
for me okay but obviously in a
bullish market the swing low
640
00:14:08,248 --> 00:14:12,248
point here as soon as we get
this break of structure here
641
00:20:19,688 --> 00:20:21,328
going to pair this with the
confidence but just to
642
00:20:17,808 --> 00:20:19,688
can wait for that change of
character of course we're
643
00:13:39,748 --> 00:13:41,588
test first seeing what makes
more sense to me and then
644
00:20:00,148 --> 00:20:02,228
anyway you guys will know what
I mean but I can't zoom out
645
00:18:35,148 --> 00:18:39,928
waiting and waiting for price
to break this okay so let's say
646
00:19:32,568 --> 00:19:35,768
structure where the swing swing
low has now been taken right so
647
00:19:13,128 --> 00:19:15,928
change of character to switch
bearish okay boom we get that
648
00:18:12,388 --> 00:18:15,388
40 pip bearish pullback to mark
out where the swing high is
649
00:18:22,148 --> 00:18:24,988
one last example before we hop
on the chart so again let's say
650
00:19:09,888 --> 00:19:13,128
potential signal is we wait for
internal structure to have a
651
00:18:42,928 --> 00:18:46,408
this right it's all the way up
here price is now pull back
652
00:17:10,188 --> 00:17:12,908
right the highest point after
the low formed and then down
653
00:17:12,908 --> 00:17:15,108
here I don't know where the
swing low is I can't map this
654
00:17:07,428 --> 00:17:10,188
back for the highest point that
is my swing high no matter what
655
00:17:02,128 --> 00:17:04,728
obviously the opposite to that
when it's bearish the moment we
656
00:16:52,928 --> 00:16:54,568
kind of have to look at
slightly different things
657
00:16:34,188 --> 00:16:36,468
use it so that now becomes my
swing low you can put a little
658
00:16:48,048 --> 00:16:50,088
well one this lesson is
concentrating on how I
659
00:16:41,368 --> 00:16:43,608
there now this is the current
swing range we're playing
660
00:15:58,268 --> 00:16:01,468
we're going to get that swing
pull back but I cannot mark out
661
00:16:08,308 --> 00:16:11,028
dollar on the 4 hour chart okay
because what can happen is it
662
00:15:44,628 --> 00:15:48,148
character okay boom we've had a
bullish chock the internal
663
00:14:38,808 --> 00:14:40,728
it goes off it pings it tells
you we've had a break of
664
00:16:18,628 --> 00:16:21,988
movement moves 40 pips boom now
I can mark out what I can mark
665
00:15:39,388 --> 00:15:41,308
an internal low and we could
keep doing this we could keep
666
00:14:57,448 --> 00:15:02,968
low formed here where my mouse
is anywhere within that box of
667
00:15:08,008 --> 00:15:10,768
swing high so can you see how
mechanical that is no matter
668
00:16:13,588 --> 00:16:16,028
we got another bullish change
of character here and then
669
00:15:26,728 --> 00:15:28,848
moment I can do this I know
this with a certainty that is
670
00:15:28,848 --> 00:15:31,248
my current swing high right and
I know the low is going to form
671
00:14:36,048 --> 00:14:38,808
structure the moment we get
that right you can set an alert
672
00:14:12,248 --> 00:14:14,768
right let me use lines so you
guys know exactly what I'm
673
00:14:02,148 --> 00:14:04,928
have a nice clean movement up
okay price pull back
674
00:17:19,708 --> 00:17:23,468
40-pit movement okay so that 40
pit rule it's going to be
675
00:13:41,588 --> 00:13:44,028
coming up with a minimum pip
size rule and now that works
676
00:13:25,448 --> 00:13:27,768
continued the bullish swing
trend and we're making a high
677
00:13:27,768 --> 00:13:30,808
high right but I don't know
where that higher high truly is
678
00:19:49,788 --> 00:19:53,228
you can move this line down
this becomes our new swing high
679
00:13:30,808 --> 00:13:33,808
where the swing high is until I
see at least the 40 pit pull
680
00:20:08,308 --> 00:20:10,808
least 40 pips on this time
frame but we can look for
681
00:18:19,028 --> 00:18:22,148
sense and then quickly I
kind of just want to do kind of
682
00:12:56,628 --> 00:12:59,348
with okay and that's just kind
of the way that I currently do
683
00:19:44,428 --> 00:19:47,188
highest point that broke this
low after it forms here okay
684
00:12:26,448 --> 00:12:28,848
so that's my swing high and
that's my swing low and then
685
00:12:17,248 --> 00:12:19,688
don't care about that's a swing
high that looks like a
686
00:18:59,848 --> 00:19:02,408
40 pips I've now marked out my
swing low and the internal
687
00:16:31,668 --> 00:16:34,188
mechanical but this is my
method okay if you guys want to
688
00:18:24,988 --> 00:18:27,788
we're in a bearish market right
we price pulls back and now
689
00:12:02,748 --> 00:12:05,148
whatever then we get a bit of a
leap of pullback so on and so
690
00:12:21,528 --> 00:12:23,848
that breaks the high again that
looks like a pretty stellar
691
00:11:28,708 --> 00:11:30,868
happens it does not tell me
that I've had to swing high
692
00:19:35,768 --> 00:19:40,128
this becomes our break of
structure right so now with
693
00:12:19,688 --> 00:12:21,528
prominent swing low right
because that's the lowest point
694
00:11:19,188 --> 00:11:21,508
change of character okay the
change of character signals
695
00:18:50,208 --> 00:18:54,008
swing low but we'll just call
it swing low from now right put
696
00:11:33,828 --> 00:11:38,108
pulled back at least 40 pips on
Euro dollar on the four hour
697
00:11:30,868 --> 00:11:33,828
what tells me that I have to
swing high is that price has
698
00:11:59,108 --> 00:12:00,988
we get a bit more of a
significant pullback and then
699
00:13:17,128 --> 00:13:19,808
want to see and now I just use
that so like I said in the
700
00:19:53,228 --> 00:19:56,548
okay and you can mark that out
straight away okay now where's
701
00:18:46,408 --> 00:18:50,208
more than 40 pips so this boss
line is essentially also my
702
00:18:15,388 --> 00:18:19,028
right and that's how you build
rules so hopefully that makes
703
00:11:08,468 --> 00:11:13,268
range you're in so within this
current range okay so you can
704
00:12:49,268 --> 00:12:52,068
will go okay on this time frame
on this pair I know that at a
705
00:10:42,488 --> 00:10:44,688
can obviously look back.
There's no way buts or maybes.
706
00:17:53,768 --> 00:17:56,048
starting out I highly recommend
you just look at your dollar
707
00:12:59,348 --> 00:13:01,428
it there might be better ways
to do it there might be more
708
00:18:10,308 --> 00:18:12,388
the swing low and in the
bullish market we need to say
709
00:12:23,848 --> 00:12:26,448
this one isn't but this looks
pretty significant to me right
710
00:12:43,828 --> 00:12:46,308
well enough data and you look
back and you you'll suddenly
711
00:20:04,308 --> 00:20:06,508
essentially as soon as we get
the break of structure alright
712
00:17:59,328 --> 00:18:01,288
your main chart for now until
we start to look at multi time
713
00:12:05,148 --> 00:12:09,488
forth and then what I would do
is I go okay well for me let me
714
00:12:41,588 --> 00:12:43,828
average when you look back
right if you do about a year
715
00:15:48,148 --> 00:15:50,988
structure has now switched
bullish right that's a good
716
00:11:45,468 --> 00:11:48,308
basically just marked out what
what does a significant
717
00:19:28,488 --> 00:19:32,568
price can still go okay so now
boom we have had a break of
718
00:19:21,768 --> 00:19:24,448
week low okay so let's say
price comes down it messes
719
00:17:04,728 --> 00:17:07,428
get a break of structure and
the candle closes below I look
720
00:19:19,168 --> 00:19:21,768
lower high is forming right and
now we can look to target the
721
00:19:15,928 --> 00:19:19,168
change of character so now it's
a signal that potentially the
722
00:17:41,288 --> 00:17:43,648
daily I'm a little bit more
loose but my general rule is at
723
00:17:23,468 --> 00:17:26,228
different for every currency
pair or whatever instrument you
724
00:16:04,348 --> 00:16:08,308
low right until I get that
forty pit pull back on your
725
00:17:15,108 --> 00:17:17,308
out put a little nice little
pretty circle there and draw my
726
00:15:50,988 --> 00:15:53,428
signal that this probably is
going to be the swing low and
727
00:20:02,228 --> 00:20:04,308
we're going to have to try
towards it nice and tight but
728
00:15:36,908 --> 00:15:39,388
is going to be my low my swing
low because that just could be
729
00:16:50,088 --> 00:16:52,928
mechanically define my swing
highs and swing lows right you
730
00:16:01,468 --> 00:16:04,348
and tell with certainty that
this is going to be the swing
731
00:15:24,728 --> 00:15:26,728
can map up the range so I can
map out right because at the
732
00:18:39,928 --> 00:18:42,928
my current swing high let's
just say it's let's just use
733
00:19:40,128 --> 00:19:44,428
certainty we can mark out that
this becomes where the the
734
00:17:56,048 --> 00:17:59,328
before you look at anything
else the four hour it will be
735
00:15:10,768 --> 00:15:13,288
what right you could plug that
into an algorithm okay that's
736
00:19:04,408 --> 00:19:07,528
high lows so what I then do
right to to do what to signal
737
00:19:02,408 --> 00:19:04,408
structure is bullish just
making internal high highs and
738
00:19:07,528 --> 00:19:09,888
that potentially the low high
maybe forming it's just a
739
00:18:54,008 --> 00:18:59,848
it to the right right so that's
my swing high prices pull back
740
00:19:24,448 --> 00:19:26,448
around and this is what can
happen it can be a little bit
741
00:14:17,728 --> 00:14:22,208
understand it cool so that's a
break of structure right so
742
00:15:05,328 --> 00:15:08,008
the box where's the highest
point this now becomes my new
743
00:14:24,768 --> 00:14:27,408
structure they jump up let me
do a slightly more complex
744
00:14:22,208 --> 00:14:24,768
this was our swing low the
moment we get that break of
745
00:18:31,148 --> 00:18:35,148
what I will mark out this as my
swing low right now what am I
746
00:14:43,728 --> 00:14:45,928
right the moment with that low
breaks and we get a candle
747
00:14:04,928 --> 00:14:08,248
potentially low heights forming
we never know right now at this
748
00:18:03,688 --> 00:18:07,148
is for a four hour pullback
right it a bearish market you
749
00:14:14,768 --> 00:14:17,728
talking about want to make this
so clear so you really really
750
00:17:37,688 --> 00:17:41,288
I use 40 pips for the M15, I
currently use 15 pips for the
751
00:16:59,328 --> 00:17:02,128
40 pit pullback before I know
the swing high and then
752
00:13:11,008 --> 00:13:14,448
swing structure I then measured
all of those swings and that
753
00:17:47,808 --> 00:17:50,128
frame at the moment so let's
keep it simple alright I say to
754
00:16:36,468 --> 00:16:39,208
circle on it you can draw right
we always knew the swing high
755
00:17:43,648 --> 00:17:47,808
least 90 pips okay so obviously
we're only looking at one time
756
00:13:54,108 --> 00:13:59,468
essentially the opposite in a
bearish market whereby let me
757
00:10:44,688 --> 00:10:46,808
It's always the lowest point
that led the went on to break
758
00:13:33,808 --> 00:13:37,748
back on Euro dollar on the four
hour chart okay and I the only
759
00:15:21,208 --> 00:15:24,728
about that right how do we know
where our swing low is so we
760
00:10:20,748 --> 00:10:23,308
that happens let's imagine that
this this from here from this
761
00:17:34,588 --> 00:17:37,688
we get the 40 pit movement boom
I know so for the 4 hour chart
762
00:17:30,348 --> 00:17:34,588
test first to see what works
for you okay and then yeah once
763
00:16:21,988 --> 00:16:25,988
this out as my swing low right
that is how basically I have
764
00:10:15,668 --> 00:10:20,748
point to the lowest. 40 pips a
minimum of 40 pips right once
765
00:15:53,428 --> 00:15:56,068
we probably are going to pull
back right that is what change
766
00:10:33,388 --> 00:10:36,708
high okay so hopefully that
makes sense so the way I have
767
00:17:27,868 --> 00:17:30,348
volatility amounts so this is
why you have to do a little
768
00:13:14,448 --> 00:13:17,128
told me what I what you know
the minimum pip size that I
769
00:16:25,988 --> 00:16:29,268
personally made it mechanical
it's what works for me there
770
00:12:31,808 --> 00:12:37,388
go okay that's seventy-six pips
how big is this one that's 103
771
00:10:49,688 --> 00:10:53,248
actual current swing high is in
a bullish market until price
772
00:12:54,708 --> 00:12:56,628
based on this and that's and
that's the rule I would come up
773
00:10:29,468 --> 00:10:33,388
mechanically with certainty
circle this as my current swing
774
00:12:37,388 --> 00:12:41,588
pips how big is this one right
that's about 70 pips so then on
775
00:15:41,308 --> 00:15:44,628
trickling right and here we
could get a bullish change of
776
00:13:59,468 --> 00:14:02,148
draw it out right we have a
nice clean movement down we
777
00:16:29,268 --> 00:16:31,668
are other ways in you know you
can potentially make this more
778
00:14:30,088 --> 00:14:33,208
movement down let's say we get
a bit of a complex pull back
779
00:15:15,808 --> 00:15:18,408
soon as we get the channel
closure so now we know where
780
00:14:27,408 --> 00:14:30,088
example so I can really drive
it home so we have a a clean
781
00:15:02,968 --> 00:15:05,328
a draw to where the break of
structure happens anywhere in
782
00:16:11,028 --> 00:16:13,588
could be a little full signal
and price could keep going then
783
00:14:45,928 --> 00:14:49,848
closure below the low right
where is our swing high it's
784
00:15:34,548 --> 00:15:36,908
starting to move up a little
bit here I don't know that this
785
00:13:50,388 --> 00:13:54,108
sense now that's for a bullish
market so it's it's you know
786
00:14:33,208 --> 00:14:36,048
right price comes down like
this now we get the break of
787
00:15:18,408 --> 00:15:21,208
our lower high is right there's
there's no if if buts or maybes
788
00:10:53,248 --> 00:10:57,008
pulls back at least forty pips.
The moment I see price has
789
00:11:04,248 --> 00:11:08,468
To that right so now what you
can do is you can draw the
790
00:12:28,848 --> 00:12:31,808
what I went and did is I then
measured them all alright and I
791
00:13:01,428 --> 00:13:03,988
mechanical ways that's fine use
whatever you want but for me
792
00:13:08,008 --> 00:13:11,008
a better phrase I measured oh
well I just drew all out of
793
00:11:00,328 --> 00:11:03,608
So, let me change this.
794
00:13:47,188 --> 00:13:50,388
will always be the lowest point
right so hopefully that makes
795
00:11:38,108 --> 00:11:43,268
chart okay so hopefully that
makes sense so the way I came
796
00:14:54,808 --> 00:14:57,448
okay so another simple way to
think about it is after this
797
00:13:22,248 --> 00:13:25,448
the breaker structure line
right I I know that now we have
798
00:10:36,708 --> 00:10:39,508
the rule with the four hour
chart only on Euro dollar is
799
00:13:03,988 --> 00:13:08,008
this is how I do it okay so I I
used my naked eye for a lack of
800
00:13:19,808 --> 00:13:22,248
bullish market the moment we
get the candle closure above
801
00:12:52,068 --> 00:12:54,708
minimum I want to see a seventy
pip pullback right if it was
802
00:12:46,308 --> 00:12:49,268
see what your mind likes to see
a significant structure and you
803
00:09:37,028 --> 00:09:41,728
do it well this is kind of give
you a clear answer this is
804
00:10:02,528 --> 00:10:05,328
looking at now obviously with
the four hour chart I have
805
00:09:55,648 --> 00:10:00,088
up with a minimum pip size okay
so try and simplify it for me
806
00:12:09,488 --> 00:12:12,328
get the high stall I would say
that is a swing high that to me
807
00:12:12,328 --> 00:12:14,848
looks like a swing low that's
all I would say that's one big
808
00:11:57,188 --> 00:11:59,108
you get a little swing like
that I kind of ignore it then
809
00:09:41,728 --> 00:09:46,088
going to depend upon each
trader upon what pair you are
810
00:10:57,008 --> 00:11:00,328
pulled back forty pips. Now, I
mark on the swing high, okay?
811
00:11:16,188 --> 00:11:19,188
it doesn't really have anything
to do with when we get the
812
00:10:00,088 --> 00:10:02,528
on Euro dollar the main pair
that I trade the pair we're
813
00:11:55,148 --> 00:11:57,188
right and I looked at all of
the big swings in the market
814
00:09:14,748 --> 00:09:16,668
but you've seen it in the
previous video how we define it
815
00:13:37,748 --> 00:13:39,748
the way I got to that point was
just doing a little bit of a
816
00:09:16,668 --> 00:09:19,268
right that's 100% mechanical
when we get the bearish change
817
00:09:33,388 --> 00:09:37,028
high right so trying to get
here to the answer so how do we
818
00:11:26,108 --> 00:11:28,708
high but the bearish change of
character does not when that
819
00:09:12,548 --> 00:09:14,748
because we're defining it well
I don't want to go over again
820
00:11:13,268 --> 00:11:16,188
see how the way I define a
swing high in a bullish market
821
00:11:51,988 --> 00:11:55,148
basically mapped out structure
just kind of using discretion
822
00:11:24,028 --> 00:11:26,108
going to be more than 40 pips
and then I can mark a swing
823
00:11:21,508 --> 00:11:24,028
that we probably are about to
have a pull back that's
824
00:10:46,808 --> 00:10:49,688
the high. That's the high low
but I do not know where my
825
00:10:39,508 --> 00:10:42,488
that as soon as we have that
break structure here, right? I
826
00:12:14,848 --> 00:12:17,248
swing moving up these are
little minor pullbacks that I
827
00:09:01,608 --> 00:09:04,128
you're thinking well is that
swing pull back is it not is it
828
00:09:07,128 --> 00:09:09,728
get that bearish change of
character because remember you
829
00:12:00,988 --> 00:12:02,748
we get a movement like that
right a bit of a small swing
830
00:10:25,908 --> 00:10:29,468
pips the moment price pulls
back 40 pips now I can
831
00:08:35,648 --> 00:08:38,608
lowest point and straight away
we can do you know put a nice
832
00:09:04,128 --> 00:09:07,128
minor you know what do I what
do I call it eventually we then
833
00:08:40,928 --> 00:08:43,368
do in the live make it nice and
clear where my swing points are
834
00:11:48,308 --> 00:11:51,988
pullback look to me with my
naked eye okay so I went and
835
00:09:46,088 --> 00:09:49,048
looking at what instrument you
are trading and what time frame
836
00:08:55,328 --> 00:08:58,208
pullbacks right and sometimes
you know it's questionable
837
00:08:38,608 --> 00:08:40,928
little we use a highlighter
tool right this is something I
838
00:08:12,448 --> 00:08:14,688
where's the lowest point that
went on to break it is this
839
00:09:21,668 --> 00:09:25,268
going to pull back but at that
point that does not necessarily
840
00:07:55,828 --> 00:07:58,708
then look back right and find
the lowest point and that
841
00:11:43,268 --> 00:11:45,468
up with that rule is when I
went on price action I
842
00:09:19,268 --> 00:09:21,668
of character all that does is
signal potentially we're
843
00:08:14,688 --> 00:08:17,248
point here okay so I'm going to
mark a line here I'm going to
844
00:07:30,568 --> 00:07:34,328
ideas around this so right I
don't want to confuse you but I
845
00:10:05,328 --> 00:10:08,888
tested it so that I know
personally at the moment on the
846
00:09:49,048 --> 00:09:52,688
you are on okay this is the way
that I have made it mechanical
847
00:10:23,308 --> 00:10:25,908
high here to this point here
let's imagine that that is 40
848
00:10:12,308 --> 00:10:15,668
soon as I see that price pulls
back from from the highest
849
00:09:25,268 --> 00:09:30,188
mean that we know with 100%
certainty that this is going to
850
00:10:08,888 --> 00:10:12,308
four hour chart I need to see
this movement this pullback as
851
00:08:50,288 --> 00:08:52,648
price continues to move up this
can obviously continue moving
852
00:09:09,728 --> 00:09:12,548
should know from the previous
video that is 100% mechanical
853
00:07:58,708 --> 00:08:03,628
becomes the new swing high low
okay so that is 100% mechanical
854
00:08:26,808 --> 00:08:30,968
current swing low okay put at
the bottom put it to the right
855
00:08:23,928 --> 00:08:26,808
put text on it just so we can
really really drill this home
856
00:09:52,688 --> 00:09:55,648
and basically you have to test
it first and you have to come
857
00:07:34,328 --> 00:07:37,308
really want to go into details
so you know exactly how to do
858
00:08:30,968 --> 00:08:33,608
alright so this is our current
swing low so the moment price
859
00:09:30,188 --> 00:09:33,388
be the new this this point here
is going to be the new swing
860
00:08:07,048 --> 00:08:09,768
above the break of structure
line above this high you look
861
00:08:58,208 --> 00:09:01,608
because it can be a decent size
little little bearish move and
862
00:08:20,248 --> 00:08:23,928
becomes whoops make a solid
line right I'm even going to
863
00:07:25,968 --> 00:07:28,448
these lines and then we know
what range we are working with
864
00:08:46,208 --> 00:08:50,288
ifs buts and maybes this is
your swing low okay now when
865
00:08:17,248 --> 00:08:20,248
make this as clear as I
possibly can alright this
866
00:07:46,308 --> 00:07:49,148
candle right on the time frame
you're looking at close above
867
00:08:33,608 --> 00:08:35,648
breaks and closes above this
high we look back for the
868
00:08:52,648 --> 00:08:55,328
up for a little while oops and
you can get this tiny little
869
00:08:43,368 --> 00:08:46,208
boom you can mark it straight
away that is your swing low no
870
00:07:28,448 --> 00:07:30,568
okay because that's where we're
going to start to build trade
871
00:07:18,888 --> 00:07:21,968
draw the swing range that we
are currently within right
872
00:07:39,708 --> 00:07:42,668
current swing high right we get
the break of structure to form
873
00:07:49,148 --> 00:07:52,828
this break of structure we have
now started to form a high high
874
00:07:24,008 --> 00:07:25,968
want to know what swing range
we're within so we can draw
875
00:08:03,628 --> 00:08:07,048
there's no discretion to this
moment you get a candle closure
876
00:06:55,388 --> 00:06:57,748
it's just a signal that the
pullback is either finish or
877
00:07:52,828 --> 00:07:55,828
so the moment that that candle
closes closes there you can
878
00:06:48,828 --> 00:06:53,068
signal that we might be getting
a pullback or the pullback
879
00:07:42,668 --> 00:07:46,308
a high high straight away the
moment the moment you see a
880
00:07:10,168 --> 00:07:12,488
well you know what is the
answer how can we make this
881
00:06:57,748 --> 00:07:01,868
starting but it does not on its
own define that this is now
882
00:07:37,308 --> 00:07:39,708
this okay so again I'm going to
go over this when we break the
883
00:07:15,728 --> 00:07:18,888
now know that this is my
current swing low and now I can
884
00:08:09,768 --> 00:08:12,448
back for the lowest point right
after this high was formed
885
00:07:12,488 --> 00:07:15,728
mechanical so that I can now
mark this as my swing high I
886
00:06:35,268 --> 00:06:39,548
signify that potentially a
swing pullback is starting
887
00:07:04,708 --> 00:07:07,528
change of character you can't
straight away mark out this is
888
00:07:07,528 --> 00:07:10,168
a swing high okay so you're
probably sitting there thinking
889
00:06:39,548 --> 00:06:42,588
that's all it is all a change
of character is remember it's
890
00:06:53,068 --> 00:06:55,388
might be finished and we're
going okay that's all it is
891
00:07:01,868 --> 00:07:04,708
going to be the new swing high
so when we see that bearish
892
00:06:18,608 --> 00:06:22,088
the internal structure is
shifting from bullish to
893
00:06:31,688 --> 00:06:35,268
we get bearish internal
structure change that would
894
00:06:22,088 --> 00:06:25,768
bearish or bearish to bullish.
Okay, so let's say this is our
895
00:06:25,768 --> 00:06:28,368
most recent internal load,
right? That tiny loophole back
896
00:06:14,968 --> 00:06:18,608
character or a change of
character does is signal that
897
00:05:41,208 --> 00:05:46,328
high up here but how do we make
it mechanical to know where
898
00:07:21,968 --> 00:07:24,008
because this is what we want to
do in the market we always
899
00:06:42,588 --> 00:06:45,228
internal structure shifting
from bullish to bearish or
900
00:05:18,028 --> 00:05:21,188
lowest point right after this
high was formed where is the
901
00:06:45,228 --> 00:06:48,828
bearish to bullish right but it
just gives us a potential
902
00:05:46,328 --> 00:05:48,288
that high high is formed okay
because price could go up it
903
00:05:50,248 --> 00:05:52,768
a little bit and it can move
back a little bit here but it
904
00:06:11,648 --> 00:06:14,968
character. Yes or no, that's
not really correct. A change of
905
00:05:57,288 --> 00:05:59,648
little pullbacks and we never
quite know when when when price
906
00:05:31,928 --> 00:05:34,608
for the price to close above
the high for a high high that
907
00:05:55,248 --> 00:05:57,288
high high because price could
keep going right with these
908
00:06:03,728 --> 00:06:06,648
that the swing high has formed,
right? That the swing one is
909
00:06:28,368 --> 00:06:31,688
there. If price was to come
down here now and break that so
910
00:05:38,448 --> 00:05:41,208
our higher low is and we know
we're now going to form a high
911
00:06:09,648 --> 00:06:11,648
some of you may be saying,
well, we wait for a change of
912
00:03:39,448 --> 00:03:42,408
structure we always take the
lowest point that took out the
913
00:04:12,948 --> 00:04:16,508
internal we take the nearest so
it'll be this one we swing we
914
00:05:52,768 --> 00:05:55,248
is this the high is this our
new swing high is this the new
915
00:05:14,308 --> 00:05:18,028
above that high to form a high
high then we look back for the
916
00:05:24,708 --> 00:05:28,128
where is the lowest point it's
here right and that becomes our
917
00:04:41,408 --> 00:04:44,568
as you'll see throughout this
entire course kind of my aim is
918
00:03:42,408 --> 00:03:46,408
high so after the high was
formed where is the lowest
919
00:03:57,168 --> 00:03:59,908
is it that's kind of the
easiest way you can define it
920
00:06:06,648 --> 00:06:09,648
over, the swing high has formed
and we're pulling back. Well,
921
00:03:59,908 --> 00:04:02,308
another way someone in the
community recently defined it
922
00:05:10,828 --> 00:05:14,308
broken for swing structure we
need to see a candle closure
923
00:05:21,188 --> 00:05:24,708
lowest point that broke it so
from this point onwards right
924
00:04:30,928 --> 00:04:34,688
to define the way that that
works to define your internal
925
00:04:05,268 --> 00:04:08,108
highs okay so between this high
and then this high whereas the
926
00:04:53,688 --> 00:04:56,728
swing structure one of the ways
in which hopefully you can see
927
00:03:50,488 --> 00:03:53,888
look to the right of this
orange line where is the lowest
928
00:05:06,788 --> 00:05:10,828
bullish market okay because
only once this high here is
929
00:04:27,888 --> 00:04:30,928
lesson you can literally
program that into an algorithm
930
00:05:34,608 --> 00:05:38,448
is 100% mechanical okay in a
bullish market so we know where
931
00:04:44,568 --> 00:04:48,568
always as best I can is to try
and make my strategy as near to
932
00:04:16,508 --> 00:04:20,468
take the lowest okay so when we
were looking at internal
933
00:04:10,668 --> 00:04:12,948
we take swing structure so
that's the difference between
934
00:04:59,548 --> 00:05:02,708
here we always pick the lowest
point okay so that's a
935
00:03:53,888 --> 00:03:57,168
point after the high forms that
then goes on to break it this
936
00:04:37,128 --> 00:04:41,408
change of character occurs okay
so with swing structure we well
937
00:03:34,648 --> 00:03:37,008
structure not swing structure
it would become this point
938
00:04:48,568 --> 00:04:53,688
100% mechanical you know
wherever I can okay so with
939
00:03:37,008 --> 00:03:39,448
right because this is the
nearest low but with swing
940
00:04:34,688 --> 00:04:37,128
structure and to literally
point out to you when that
941
00:04:08,108 --> 00:04:10,668
lowest point is down here right
that's that's how essentially
942
00:04:02,308 --> 00:04:05,268
which I quite liked was it's
the lowest point between two
943
00:04:56,728 --> 00:04:59,548
in which try to do that is when
we get a break of structure
944
00:03:46,408 --> 00:03:50,488
point that broke it so after
this forms right you can like
945
00:03:27,368 --> 00:03:30,648
form a high high the question
is how do we know where our
946
00:05:48,288 --> 00:05:50,248
could pull back a little bit it
could go up it could pull back
947
00:05:02,708 --> 00:05:06,788
mechanical way of finding out
where your higher low is in a
948
00:02:01,828 --> 00:02:04,548
would wait for for the next
counter that fails to break the
949
00:02:52,408 --> 00:02:56,088
get a big pullback that's our
higher high right we wait for
950
00:03:24,508 --> 00:03:27,368
of structure okay so once we
get that break a structure to
951
00:03:17,468 --> 00:03:20,588
you could have a bit of a pull
back like this right so on and
952
00:05:28,128 --> 00:05:31,928
new high low okay so that is
100% mechanical we wait for the
953
00:05:59,648 --> 00:06:03,728
action is printing like this
when can we mark with certainty
954
00:03:15,108 --> 00:03:17,468
bit more complex in live market
where you have a movement up
955
00:02:50,048 --> 00:02:52,408
actions so we're looking for
those big swings right where we
956
00:03:07,028 --> 00:03:09,988
okay that's the way we define
it only once we get a break of
957
00:03:12,548 --> 00:03:15,108
becomes our swing low so
obviously it can be a little
958
00:02:31,848 --> 00:02:35,808
that most recent internal high
low to be broken okay and now
959
00:02:46,968 --> 00:02:50,048
we're looking at those those
bigger movements in price
960
00:03:09,988 --> 00:03:12,548
structure right we look back at
the lowest point and this
961
00:02:59,948 --> 00:03:03,548
structure okay break of swing
structure is only what we refer
962
00:02:56,088 --> 00:02:59,948
price to break that that swing
high so we call this a break of
963
00:02:29,328 --> 00:02:31,848
internal structure shift
bearish so I would look for
964
00:02:23,268 --> 00:02:27,148
that I like I would then
potentially wait for right that
965
00:02:43,888 --> 00:02:46,968
lesson we're going to focus on
swing structures so remember
966
00:02:16,108 --> 00:02:18,508
price is coming into a really
nice level that I like right
967
00:02:39,648 --> 00:02:43,888
okay so that's essentially our
internal structure now in this
968
00:02:18,508 --> 00:02:20,588
I'm going to I'm going over
this and being repetitive but I
969
00:02:27,148 --> 00:02:29,328
change character and I would
want to see the bullish
970
00:03:03,548 --> 00:03:07,028
to as a boss it has to be swing
structure for it to be a boss
971
00:04:20,468 --> 00:04:23,908
structure in the previous
lesson the way in which we
972
00:02:20,588 --> 00:02:23,268
really want it to sink in okay
once price comes into a level
973
00:02:14,188 --> 00:02:16,108
not going to mark this out in
the market what I do is when
974
00:01:58,548 --> 00:02:01,828
high or low okay we would mark
that out right and then we
975
00:03:30,648 --> 00:03:34,648
higher low is right if it was
if this was just internal
976
00:01:54,848 --> 00:01:58,548
nearest one okay so this
becomes our nearest internal
977
00:02:06,988 --> 00:02:10,108
that is when and when we can
mark out this being our next
978
00:04:23,908 --> 00:04:27,888
define that is 100% mechanical
so what you learn in the this
979
00:02:35,808 --> 00:02:39,648
at this point we have our
bearish change of character
980
00:02:04,548 --> 00:02:06,988
next counter's high so then we
get that pullback okay and then
981
00:02:10,108 --> 00:02:14,188
internal high so on and so
forth okay but obviously I'm
982
00:01:32,168 --> 00:01:34,768
this point we don't not we do
not know that that is the
983
00:01:09,068 --> 00:01:11,908
candle failing to break the
prior candles high what do we
984
00:01:47,808 --> 00:01:51,408
internal high height then where
it becomes our new internal
985
00:01:11,908 --> 00:01:15,068
do we can mark out the new
internal range we are within we
986
00:01:27,828 --> 00:01:32,168
but as is pulling back right
even if price say does this at
987
00:01:44,448 --> 00:01:47,808
then when it takes the internal
high there right to form an an
988
00:01:25,428 --> 00:01:27,828
only wants the candle first to
break the prior candles high
989
00:01:51,408 --> 00:01:54,848
high low it's not here with
internal structure we take the
990
00:00:58,688 --> 00:01:01,308
want to see price break that
high then we look back and we
991
00:01:19,748 --> 00:01:25,428
internal high low this becomes
our new internal high right
992
00:01:41,648 --> 00:01:44,448
happen is price can come up it
can pull back a little bit and
993
00:03:20,588 --> 00:03:24,508
so forth it can move around and
then finally we get that break
994
00:01:05,548 --> 00:01:09,068
our new internal high low okay
and as soon as we get the next
995
00:01:15,068 --> 00:01:17,468
don't have to do this on the
live market okay and just just
996
00:01:34,768 --> 00:01:38,128
internal high low right in a in
a bullish market in an internal
997
00:01:01,308 --> 00:01:05,548
look for the next the the most
nearest low and that becomes
998
00:01:38,128 --> 00:01:41,648
bullish structure until this
high is taken because what can
999
00:01:17,468 --> 00:01:19,748
so we understand what's going
on that becomes our new
1000
00:00:30,288 --> 00:00:32,848
out as our high when the market
is bullish okay when the
1001
00:00:32,848 --> 00:00:36,488
internal structure I should say
is bullish right and now we
1002
00:00:47,888 --> 00:00:50,888
high as soon as the next candle
fails to break that prior
1003
00:00:11,628 --> 00:00:14,748
there we go we were looking at
those very very tiny movements
1004
00:00:40,408 --> 00:00:42,968
breaks that high let me zoom in
so it's not super small on your
1005
00:00:54,688 --> 00:00:58,688
high low is once price wicks at
least wicks that high okay we
1006
00:00:42,968 --> 00:00:47,888
screens okay so in a bullish
market we mark out the internal
1007
00:00:00,000 --> 00:00:05,468
Alrighty so hopefully we're all
now extremely comfortable with
1008
00:00:05,468 --> 00:00:08,828
how we view and how we map
internal structure okay so what
1009
00:00:36,488 --> 00:00:40,408
only know where the new
internal low will be once price
1010
00:00:27,868 --> 00:00:30,288
mark that out as a pullback
right we can we can mark that
1011
00:00:24,948 --> 00:00:27,868
fails to break the prior
candles high right we start to
1012
00:00:21,028 --> 00:00:24,948
candle breaks the prior candles
high as soon as one candle
1013
00:00:50,888 --> 00:00:54,688
candles high right now we only
know where the next internal
1014
00:00:18,028 --> 00:00:21,028
bullish movement in price
action as whether or not the
1015
00:50:05,848 --> 00:50:10,888
have any questions feel free to
shoot me a message on Discord.
1016
00:00:14,748 --> 00:00:18,028
in price okay and we were
essentially defining the the
1017
00:00:08,828 --> 00:00:11,628
we were looking at is if I can
get the paint brush to work
96510
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