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Hey what's going on everyone?
Hope you're all doing really
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well. So welcome to this week's
video. What we're gonna do is
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go through GUEU and AU as you
know we always do and talk
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about the recent price action
that we've just had from the
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week gone. And then look to see
what we can get involved with
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um for next week basically. Now
looking on GU you can see we've
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had a clear you know some
really nice opportunities as we
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a clear trend so we're putting
in these lower lows, lower
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highs, lower lows, lower highs.
You know we're coming back in
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to mitigate supply levels which
are continuation suppliers so
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we're you know we're
essentially getting short from
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the most recent um lower higher
okay and if we look at this bit
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of price action here this was a
trade that you know we we took
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um So you can see if I just
mark it on we had equal lows
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here. So we have one one low
and a second low which we know
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as you know liquidity below
this level and we also had a
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liquidity sweep from the top
side. So if I look at this move
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here. So just zoom in. We can
see we broke structure. And we
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have this order block refined
down to that candle. Which II
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have been through this trade in
you know the case study. But
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you know seeing that we broke
that high there um but it's not
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really a confirmed lower high
because we haven't broken this
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lower low. Although it it's not
a confirmed lower high this
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move that broke above is
sweeping liquidity from anyone
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who's in that or you know
trailing stop losses or you
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know getting involved short
from here. Because we do have
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an area on this move as well.
So as this was unmitigated the
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price came in but it didn't
come to the 50% which is what I
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look for to class something as
mitigated or not. So we came
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in. We took liquidity sellers
you know looking at this and
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getting involved here we have
clear liquidity to target and
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we know that the market's
target liquidity you know
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that's obvious and yeah we got
involved in this led to the
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downside which took that
liquidity and then one thing
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once price takes liquidity it
has a reason to then move the
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other way which you can see it
did a bit of momentum and then
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essentially you know we are
still trending so price is
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continuing down. Okay so that
was a very nice trade. Uh
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Carrying on, you can see we add
that lower low. So, we put in
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that lower low, new lower high
up here. We then broke that. So
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we broke that lower there. So a
clear break of structure,
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momentum, and what does that
leave? Well we have the last up
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close candle. But as you can
see if I just zoom right in we
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have two wicks. Now wicks are
points of interest on a time
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frame down. So it could be on
the fifteen to five even the
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one minute. It could be you
know it's there's something
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within that week always. Okay?
So when we get that I'm not
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really looking to mark on that
body or that you know the order
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block really I'm just looking
at that wick there okay and you
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can see price came in ever so
slightly but it did come in so
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we can look for shorts in that
area okay? Because remember,
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we're looking to trade with the
trend. We don't need to be with
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the trend but you know, trading
with the trend is the safest
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way and you know we get a lot
of opportunities basically. So
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price came into that wick. So
15 minute you can see we are
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still it is still a wick on the
fifteen minute. Looking at the
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five. What what have we got?
Still a wick. So what does that
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mean? So going to the one
minute. What is it? So you can
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see it's an order block. So
last up close candle which then
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led to a break of structure.
And doesn't look like it but it
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did come in. You know you can
say it's not been mitigated but
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for me I would still look for
entries because price doesn't
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really need to come all the way
up to here. It may do but it
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doesn't need to. It can do that
in a later date with, you know,
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in price, you know, next week,
week after, whenever. Key
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detail um on this bit here. So
you may be looking at this as
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price is we have continuations
here that we can trade into
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this level. We then see a break
of structure. That's very clear
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to see. I'm sure you can agree.
We broke down and we broke that
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most recent higher low. So we
put in a higher high and we
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have a higher low here. We
broke that but what are we
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actually trading off of?
Because if I if I go back to
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the hourly you can see well you
can't really see it but we
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didn't come into that level. So
this purple zone is the hourly
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um lower higher. And you know
our point of interest. Price
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didn't come into trade into
that level. So you could see
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that it broke structure. So you
could be thinking oh but it's
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close enough so should I take
the trade? When really that's
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you know a bit of Fomo in my
opinion. You see a break of
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structure so you you'll be
looking at this. I'll just mark
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it on arguably that area there
but we have a range up here.
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That candle. And you could be
looking at this but again is
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not valid. Because it hasn't
come into a point of interest
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on a higher time frame. So
anyone else looking at this you
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know smart money retail then
looking at this as you know
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breaker structure momentum
shift which in some cases yes
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but is is more so seeking
liquidity to push higher take
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out that high there take
liquidity and then receive the
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sell off see it's easy to say
that in hindsight but that's
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exactly what happened and that
is the reason for it. We took
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out that high, only just but we
tapped into the higher time
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frame point of interest, then,
this is what I was looking at
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here.
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I wanted to see this move break
with more sort of momentum and
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really show me that shift but
it didn't. It sort of if
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anything it created equal O's
and I was looking at this that
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wick and then that last up
close candle but again I wanted
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to see a clear break but it
didn't actually break. So price
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00:08:01,868 --> 00:08:07,568
did come back up and it did
just fall short of that area.
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00:08:07,568 --> 00:08:14,348
Before then pushing down. Now,
one other area would be looking
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at this move here but if we
look at that move, it's not
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really showing momentum. If
anything, it's sort of reacting
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off of an area left and you can
see a sufficient pricing as
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well. Um but to to each
different trader, you could be
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looking at that area as a
breakup structure. We've broken
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these lows here and the move
really started up here maybe
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even here and then you you may
have taken a loss but yeah for
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me it wasn't really an entry
that I was looking at. Um but
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if if we carry on you can see
we've clearly broken down but
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we didn't pull back to any of
these areas here. And we
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continue to break. The next
clear area is here. So we have
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00:09:02,288 --> 00:09:06,428
a consolidation of these
candles then we momentously
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break that low and then we come
in. I didn't Take this because
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the move is already quite a way
down. Um and I think I was in
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other trades at the time if I
can remember. But this you know
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this is a definitely AA great
trade to be looking at. For me
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the EQ point on GU. Free pips.
You know giving plenty of room.
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You would have been tagged in.
So coming back to it what we
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have is a range. Initiation
out. That broke structure. A
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mitigation of these orders to
fill in more orders. Mitigation
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of the imbalance and then you
know smart money gets involved
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or at large institutions at
that area and then you know we
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see a continuation. Okay so you
can see we break structure
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again we tap into that loss up
close or that range and then we
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continue but if I go to the
hourly time frame you can see
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00:10:13,248 --> 00:10:15,888
we've already put in that lower
low. So what I would be
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anticipating is that that
pullback because we have put in
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00:10:19,128 --> 00:10:24,008
a new lower low and closed
below. Okay so we do push down
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then push up. And then this is
where you know NFP we came down
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and we reversed from NFP and
one thing to look at here We
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broke structure. So we broke
this most recent um lower high.
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So just mark it on. BOS. And
this is NFP so I wouldn't be
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looking at taking this because
it is news but if we look at
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00:10:58,708 --> 00:11:03,988
this order block there which
wouldn't be valid for me but
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00:11:03,988 --> 00:11:07,168
refined to that candle price
broke structure closed above
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came back down nearly
mitigating that imbalance you
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know but the majority of it has
been mitigated then we continue
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up Now as we sin that that grip
down and this is NFP. I'm gonna
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avoid this area and sort of
anticipate the price won't need
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00:11:29,588 --> 00:11:33,968
to come back to that area and
we could be looking, well, what
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I'm gonna be looking for is
getting long from this sort of
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area here. Okay. Now the reason
I wanna get along from here is
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because this move and that wick
is just news. It is a pullback
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so we have an inside bar there.
There this would be a visible
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pullback on a lower time frame.
Then we momentously break up
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00:12:01,388 --> 00:12:06,308
which broke structure that that
um sort of little pullback here
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00:12:06,308 --> 00:12:11,228
but it's also broken this
second most recent lower high.
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00:12:11,228 --> 00:12:14,768
If that makes sense. So one
thing that I'll be looking at
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00:12:14,768 --> 00:12:22,108
is a push back into this level.
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Something like this and then
what I'll draw here will be on
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a lower time frame what I'll be
looking for you know clear
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breaker structure and something
like that So that's gonna be
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what I'm looking for and One
other thing to mention is we
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have areas left. So you you
always wanna look left and
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although current price action
is very important. Looking left
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00:12:51,668 --> 00:12:55,808
and seeing looking left and
seeing what price left behind.
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Previously you know we can
still trade. So we have this
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area here which I'm sure you
can agree is unmitigated and
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00:13:04,908 --> 00:13:10,968
it's a clear supply zone inside
bar showing a range on a lower
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00:13:10,968 --> 00:13:15,108
time frame so you know a
consolidation range initiation
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out breaking structure so price
may open you know range around
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a bit that we usually see and
then pull back a little bit
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come up to that level and then
I'll be looking for something
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like this which is a reversal
trade. Um and you know, look to
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get short if we get a clear
delivery in price at at that
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area, okay? So, if we come in
with momentum, then, I won't be
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looking to to sell it basically
and look to see what price does
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next. But you know how price is
delivered. I'll be looking to
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sell from there. Another thing
to look at is why I wouldn't be
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00:13:58,828 --> 00:14:04,128
looking at shorts from here
because although price came in
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like I previously mentioned we
didn't mitigate to the 50% of
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this you know refined wick or
order block on a lower time
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00:14:13,008 --> 00:14:17,448
frame. But look how price was
delivered into this area. If we
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00:14:17,448 --> 00:14:20,228
just take it back
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00:14:21,068 --> 00:14:26,548
although that this lower move
here was NFP this isn't and you
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00:14:26,548 --> 00:14:32,728
can see price was momentously
coming into this level and you
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00:14:32,728 --> 00:14:35,008
know we didn't see anything on
a on a lower time frame so
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that's the area there and I'm
sure you can agree there's no
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00:14:39,328 --> 00:14:44,428
entries in there you know to be
looking short because we're
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00:14:44,428 --> 00:14:48,208
seeing clear higher highs and
higher lows. Okay so now I'm
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00:14:48,208 --> 00:14:54,488
gonna avoid that area um
dependent on what we see but we
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00:14:54,488 --> 00:14:58,328
may see a retrace and we may
see something to get short but
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00:14:58,328 --> 00:15:04,908
you know ultimately this area
down here to long and reversals
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00:15:04,908 --> 00:15:11,168
from up here. Yeah that's gonna
be it for GU. That's the game
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00:15:11,168 --> 00:15:17,168
plan. Looking bullish. Um but
we have this imbalance. I'll
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00:15:17,168 --> 00:15:22,548
just mark it on. On this candle
here, we have a bit of
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00:15:22,548 --> 00:15:27,708
imbalance. From week to week
that we have come into so we
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00:15:27,708 --> 00:15:31,368
wicked it there but we have
this in here which is you know
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00:15:31,368 --> 00:15:35,628
inefficient pricing so we may
come up refill that and then
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00:15:35,628 --> 00:15:40,188
look for a shift in momentum
you know week week to strong
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00:15:40,188 --> 00:15:44,688
hands and look to get short
from there basically. And yeah
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00:15:44,688 --> 00:15:47,748
keeping things simple. I was
gonna do it for GU but yeah
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00:15:47,748 --> 00:15:51,228
this is what we like to see you
know clear trend clear
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00:15:51,228 --> 00:15:57,568
continuation supply zones and
getting short from the the the
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00:15:57,568 --> 00:16:02,908
most recent lower highs and you
can trade in between them
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00:16:02,908 --> 00:16:07,168
levels and I think that's one
thing that people don't
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00:16:07,168 --> 00:16:13,468
understand. Um you can trade.
So if you're waiting for say
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00:16:13,468 --> 00:16:17,668
this move to push back up into
this supply. You can still
199
00:16:17,668 --> 00:16:21,568
trade long on this move. It
just takes more experience and
200
00:16:21,568 --> 00:16:24,568
understanding what you're
doing. But I'm gonna do some
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more videos on that and you
know go into detail with that
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so yeah let's get into EU next.
Okay so we're on EU now and
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00:16:34,728 --> 00:16:38,568
again we've just had some
really solid opportunity for
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00:16:38,568 --> 00:16:45,168
this week. You know clear trend
clear reactions from supply you
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00:16:45,168 --> 00:16:49,728
know lower highs and a lot of
trades to be taken. So I hope
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00:16:49,728 --> 00:16:53,208
you know you've taken trades
and you've if you haven't got
207
00:16:53,208 --> 00:16:57,408
involved in any of these moves
then what I would suggest you
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00:16:57,408 --> 00:17:03,068
do is definitely go and back
test this you know start from
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00:17:03,068 --> 00:17:07,868
where was market open around
here. Start from here. So get
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00:17:07,868 --> 00:17:10,928
your replay bar tool and then
come back to here and then just
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00:17:10,928 --> 00:17:14,768
go through go through this
whole week of price section.
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00:17:14,768 --> 00:17:18,608
How you would in the live
markets. You know if you're all
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00:17:18,608 --> 00:17:21,188
your time frames down to the 1
minute and the seconds if you
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00:17:21,188 --> 00:17:26,168
use that. And and you go go
through it like three times and
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00:17:26,168 --> 00:17:30,848
just learn from it. And and
take losses. Take wins. And ASR
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00:17:30,848 --> 00:17:34,408
it and yeah. Because you know
this is super clean so
217
00:17:34,408 --> 00:17:39,688
obviously this trade that I've
taken from this area here such
218
00:17:39,688 --> 00:17:45,208
a you know very clean trade
liquidity taken from um the
219
00:17:45,208 --> 00:17:52,568
sell side and from these highs
here but if I just go through
220
00:17:52,568 --> 00:17:55,088
last week's price section. I
know I've done this in a chart
221
00:17:55,088 --> 00:18:00,808
already in the dann aber finde
ich
222
00:18:02,568 --> 00:18:06,368
if we just look at this so we
had this high that broke that
223
00:18:06,368 --> 00:18:10,628
which is taken liquid as even
that higher. Um being pushed
224
00:18:10,628 --> 00:18:14,288
down broke structure. So we've
broke this low here. So we have
225
00:18:14,288 --> 00:18:20,488
a clear area here. And I won't
make that a little bit. Okay
226
00:18:20,488 --> 00:18:25,468
that's good. So price didn't
come back into that level and
227
00:18:25,468 --> 00:18:29,068
as we know it doesn't need to
because what we can do is adapt
228
00:18:29,068 --> 00:18:33,808
and look for you know cleaner
or the most freshest breaks of
229
00:18:33,808 --> 00:18:39,148
structure and then trade that.
So this basically means that
230
00:18:39,148 --> 00:18:43,948
you know price will likely come
back to this area at a later
231
00:18:43,948 --> 00:18:47,968
date. It could be next week. It
could be week after. We we're
232
00:18:47,968 --> 00:18:53,948
not too sure but you can see
air areas do come back to
233
00:18:53,948 --> 00:18:58,088
mitigate but it doesn't need to
be you know the next day or the
234
00:18:58,088 --> 00:19:03,848
next couple days. Okay so price
pushed down pulled back new
235
00:19:03,848 --> 00:19:06,848
lower low we've broken that low
there you can see so you know
236
00:19:06,848 --> 00:19:15,228
clear order block price did
come above it but as I as I
237
00:19:15,228 --> 00:19:21,228
always say if it comes above it
doesn't invalidate um that area
238
00:19:21,228 --> 00:19:27,048
because it wicked it and then
you know a wick on a lower time
239
00:19:27,048 --> 00:19:29,928
frame that would be you know
breaks of structure and we can
240
00:19:29,928 --> 00:19:36,588
see there's no momentum up okay
so the next area which is I
241
00:19:36,588 --> 00:19:41,748
believe what I've forecasted um
just trying to look now yeah so
242
00:19:41,748 --> 00:19:45,868
it's this move here because
again if you're new and you're
243
00:19:45,868 --> 00:19:50,668
trying to get your head around
this is simple right this broke
244
00:19:50,668 --> 00:19:57,588
that low so a new lower low new
lower higher. Which is the
245
00:19:57,588 --> 00:20:00,708
highest point. So the swing
point swing higher swing low.
246
00:20:00,708 --> 00:20:04,848
Once that broke you can see
clear momentum. What does it
247
00:20:04,848 --> 00:20:08,088
leave behind? Well let's just
zoom right in. Last up close
248
00:20:08,088 --> 00:20:12,708
candle which you all should
know is an order block. Okay
249
00:20:12,708 --> 00:20:18,048
that's a clear order block.
Because it's the last up close
250
00:20:18,048 --> 00:20:22,968
candle before money stepped in.
Large institutions push this
251
00:20:22,968 --> 00:20:27,168
down. Broke structure. Price is
gonna come back, rebalance,
252
00:20:27,168 --> 00:20:31,128
close out orders, more orders
being placed, smart money gets
253
00:20:31,128 --> 00:20:36,648
involved, okay? So, lower low,
lower high, which is here but
254
00:20:36,648 --> 00:20:43,068
last up close candle and we we
get involved in this and first
255
00:20:43,068 --> 00:20:46,368
target because we're we're
seeing clear order flow and a
256
00:20:46,368 --> 00:20:52,968
clear trend. The very first
target should be that low. So,
257
00:20:52,968 --> 00:20:57,688
we wanna see price attack that
low and you know reassess from
258
00:20:57,688 --> 00:21:02,248
there which is what price done.
So what's the next move? Well
259
00:21:02,248 --> 00:21:07,528
this move here broke. Not too
momentously and it is quite
260
00:21:07,528 --> 00:21:10,648
efficient. A bit of imbalance
left but we pull back break
261
00:21:10,648 --> 00:21:15,788
again. So we have a last up
close candle which we can
262
00:21:15,788 --> 00:21:20,648
refine to this or even if we
wanna be a bit more advanced
263
00:21:20,648 --> 00:21:24,968
that wick because that is
definitely an area on a lower
264
00:21:24,968 --> 00:21:27,788
time frame. You can see price
came in mitigated and then
265
00:21:27,788 --> 00:21:35,288
continued. Okay. So the next
area is here. Now one thing to
266
00:21:35,288 --> 00:21:39,608
mention is we can trade long
into these areas. So once price
267
00:21:39,608 --> 00:21:43,928
made this lower low we can
trade long into that area. Is
268
00:21:43,928 --> 00:21:48,428
something that people aren't
quite getting and it is, don't
269
00:21:48,428 --> 00:21:52,148
get me wrong, it is for more of
the advanced trader, like the
270
00:21:52,148 --> 00:21:56,168
more experience you get, the
more knowledge you get on how
271
00:21:56,168 --> 00:21:59,468
to take these trades and I
think Elliot was talking about
272
00:21:59,468 --> 00:22:03,188
it. Um you know, the investor
experience on Instagram.
273
00:22:03,188 --> 00:22:07,988
Elliot, great guy. Um he was
talking about it, I believe. Um
274
00:22:07,988 --> 00:22:10,808
you know, trading long into
these areas and not just
275
00:22:10,808 --> 00:22:14,108
waiting for the higher time
frame area to play out, you can
276
00:22:14,108 --> 00:22:18,128
trade it into that area. Okay,
so it's very key and it comes
277
00:22:18,128 --> 00:22:24,068
with back testing experience,
forward testing, you know, and
278
00:22:24,068 --> 00:22:29,048
yeah carrying on. So this leg
here quite efficient but it's
279
00:22:29,048 --> 00:22:33,068
still a clear break which was
the move that broke that low
280
00:22:33,068 --> 00:22:37,448
there. Okay and this is this
was the trade that I took. So
281
00:22:37,448 --> 00:22:41,048
I'm sure you can see by now.
Last up close candle before the
282
00:22:41,048 --> 00:22:44,708
move down that caused the
break. We tapped in. Wicked it.
283
00:22:44,708 --> 00:22:49,388
Ever so slightly but I'm still
looking for entries at that
284
00:22:49,388 --> 00:22:54,268
area. So 1 minute time frame.
285
00:22:55,568 --> 00:22:59,788
And hold on let me go to the
fifteen cuz you can I don't
286
00:22:59,788 --> 00:23:04,168
always refine from the hourly
to the fifteen unless there's a
287
00:23:04,168 --> 00:23:08,668
very clear area where price may
need to come to and we do have
288
00:23:08,668 --> 00:23:12,868
it here we have this area
because if we just dissect this
289
00:23:12,868 --> 00:23:16,828
bit of price action all we have
that's the hourly area right
290
00:23:16,828 --> 00:23:21,748
but we broke structure then we
wicked back on the fifteen
291
00:23:21,748 --> 00:23:27,668
which is technically a
mitigation or something that I
292
00:23:27,668 --> 00:23:31,508
would class as a mitigation.
But then we have this next area
293
00:23:31,508 --> 00:23:34,628
which isn't visible on on the
hourly but on the fifteen it
294
00:23:34,628 --> 00:23:37,088
is. So we have the last up
close candle then we broke
295
00:23:37,088 --> 00:23:41,048
again. And that's not been
mitigated that sort of order
296
00:23:41,048 --> 00:23:45,968
block there. And that is also
the reason why price didn't
297
00:23:45,968 --> 00:23:49,748
come up here and it actually
just sold off from here because
298
00:23:49,748 --> 00:23:52,828
if we just take that area
299
00:23:54,568 --> 00:23:59,528
and you can see price did go
above it but you know we've
300
00:23:59,528 --> 00:24:02,708
mitigated and I wasn't looking
at this at the time. I was just
301
00:24:02,708 --> 00:24:07,028
more focused on the hourly area
because I wanna get short
302
00:24:07,028 --> 00:24:10,868
because going back to the
hourly as I mentioned we have
303
00:24:10,868 --> 00:24:16,328
them we had a clear sweep of
liquidity from that low. And
304
00:24:16,328 --> 00:24:22,208
then we have price put in that
lower low. Take take took
305
00:24:22,208 --> 00:24:27,008
liquidity sorry. And then we
had this lower height here. But
306
00:24:27,008 --> 00:24:30,288
we we knew that we had this
area above that was unmitigated
307
00:24:30,288 --> 00:24:35,568
okay so people are looking to
get short in here from this
308
00:24:35,568 --> 00:24:39,048
area price come up took
liquidity and you know we came
309
00:24:39,048 --> 00:24:47,608
into this level and back to the
1 minute I took two trades. One
310
00:24:47,608 --> 00:24:52,348
loss and obviously this win
which ended in just below
311
00:24:52,348 --> 00:24:58,408
twenty R. So I think it was
nineteen point nine. Yeah.
312
00:24:58,408 --> 00:25:08,868
Okay. So we tapped in and with
that move there we tapped in.
313
00:25:08,868 --> 00:25:13,248
Continuations into that level
which you can take as I you
314
00:25:13,248 --> 00:25:18,408
know previously mentioned you
you had an entry here. Arguably
315
00:25:18,408 --> 00:25:23,568
you had one here and one down
here but price didn't come to
316
00:25:23,568 --> 00:25:28,548
tag you in. And you you can
still take this one here which
317
00:25:28,548 --> 00:25:32,688
probably would have tagged you
out just and then you know
318
00:25:32,688 --> 00:25:38,148
pushed up but once price tapped
in we are anticipating you know
319
00:25:38,148 --> 00:25:41,628
sellers to come into the market
and you know we wanna be
320
00:25:41,628 --> 00:25:49,288
waiting for that confirmation
but looking for sales. Um so
321
00:25:49,288 --> 00:25:53,068
yeah we broke structure. Now I
wasn't looking at this because
322
00:25:53,068 --> 00:25:56,428
it didn't break. As I always
say I wanna see price break
323
00:25:56,428 --> 00:26:00,208
with momentum. And this didn't
really show me that if anything
324
00:26:00,208 --> 00:26:05,068
this is equal lows for me. For
price to sweep it. Break
325
00:26:05,068 --> 00:26:08,788
structure again. Tap into an
order block. And then go from
326
00:26:08,788 --> 00:26:10,948
there which is what we've done.
So we broke structure on this
327
00:26:10,948 --> 00:26:16,108
move here. And one thing that
stands out is a bit of
328
00:26:16,108 --> 00:26:19,168
imbalance which you know is
great. I do look look for
329
00:26:19,168 --> 00:26:24,508
imbalances but it's not always
needed. It is needed but not
330
00:26:24,508 --> 00:26:29,968
you can trade without it. Um
but you know it's just extra
331
00:26:29,968 --> 00:26:37,368
confluence. And I'm just trying
to remember what my exact area
332
00:26:37,368 --> 00:26:40,428
was but what we can see is we
pushed up. This is the move
333
00:26:40,428 --> 00:26:46,128
that broke structure and it
started from here. Okay? So I
334
00:26:46,128 --> 00:26:49,308
was looking at this last down
candle and I think I did take
335
00:26:49,308 --> 00:26:56,448
into consideration this candle
here. It. I think it might have
336
00:26:56,448 --> 00:27:02,168
been this candle. Oh no that
was it. Okay so we had this was
337
00:27:02,168 --> 00:27:05,648
the order block for me. And
then we had these two candles
338
00:27:05,648 --> 00:27:10,088
inside that order block. And
then these two and then these
339
00:27:10,088 --> 00:27:13,388
two candles here which is when
we you know initiated out which
340
00:27:13,388 --> 00:27:16,088
actually engulfed the order
block. So I was looking at
341
00:27:16,088 --> 00:27:23,988
these two candles that was
inside that order block. And it
342
00:27:23,988 --> 00:27:30,648
might have been Okay so it's
roughly around that area. Um
343
00:27:30,648 --> 00:27:37,768
but ultimately price came in
and we feel that imbalance
344
00:27:37,768 --> 00:27:42,628
because this is a range. You
can class this as a
345
00:27:42,628 --> 00:27:48,988
consolidation range. And price
initiated out, broke structure,
346
00:27:48,988 --> 00:27:55,048
clear break. You could have an
area here because we have a up
347
00:27:55,048 --> 00:27:59,848
close candle. We did see a
reaction from it. But I was I
348
00:27:59,848 --> 00:28:05,668
always take the extreme rather
than entries down here. Um as
349
00:28:05,668 --> 00:28:12,968
I've always ed. So I got tagged
into this trade. Now wicked
350
00:28:12,968 --> 00:28:16,448
there. You can see a perfect
entry. But I did take a trade
351
00:28:16,448 --> 00:28:21,808
here. Okay so we broke
structure with this move. So we
352
00:28:21,808 --> 00:28:25,168
broke down and we broke that
low there. So I think I was
353
00:28:25,168 --> 00:28:33,528
looking at either this range or
this candle here. So it was
354
00:28:33,528 --> 00:28:39,328
something like this anyway. So
I took this entry. And I placed
355
00:28:39,328 --> 00:28:46,728
it on I can't quite remember
but if something like this 2.5
356
00:28:46,728 --> 00:28:55,248
and took a loss. But I was
saying um I wanted to keep this
357
00:28:55,248 --> 00:29:00,108
entry on or once I took this
loss sorry I put my entry on
358
00:29:00,108 --> 00:29:06,608
this second er area and
although I always say adapt you
359
00:29:06,608 --> 00:29:12,248
know price didn't need to come
up to here. Um but I was eager
360
00:29:12,248 --> 00:29:14,828
to get involved in this trade
and you know get involved
361
00:29:14,828 --> 00:29:19,988
because of the the higher time
frame sort of perspective and
362
00:29:19,988 --> 00:29:23,468
you know the sweeps of
liquidity. It was a very high
363
00:29:23,468 --> 00:29:29,608
probability trade. So I wanted
to get involved and I took this
364
00:29:29,608 --> 00:29:34,348
loss and then I set my entry on
this one here and my stop loss
365
00:29:34,348 --> 00:29:41,008
was two pips or was it one
point five? Two pips. Um but I
366
00:29:41,008 --> 00:29:48,628
did account for 0.3 for spread.
And yeah got tagged in and then
367
00:29:48,628 --> 00:29:52,528
we see the true momentum kick
in because price now has a
368
00:29:52,528 --> 00:29:57,268
reason to. Because all of this
move has been mitigated and you
369
00:29:57,268 --> 00:30:03,548
know we're getting involved at
a very best price basis so I
370
00:30:03,548 --> 00:30:15,068
managed this on the fifteen to
start with because one key tip.
371
00:30:15,068 --> 00:30:19,088
The very first target for me is
the low. So the most recent
372
00:30:19,088 --> 00:30:24,368
low. So I wanna be targeting
here. Okay so the low lowest
373
00:30:24,368 --> 00:30:31,828
point anything before that I
wanna manage somewhat lenient
374
00:30:31,828 --> 00:30:38,668
um but not giving profit back.
So if I'm executing on say the
375
00:30:38,668 --> 00:30:42,868
1 minute time frame I wanna be
managing either on the five or
376
00:30:42,868 --> 00:30:51,828
the fifteen and sort of you
know trail my stop loss below
377
00:30:51,828 --> 00:30:57,048
or above the the structural
points so the most recent lower
378
00:30:57,048 --> 00:31:01,908
highs but once price surpasses
that lower low I wanna be more
379
00:31:01,908 --> 00:31:07,118
aggressive and even managing on
the five or even the the 1
380
00:31:07,118 --> 00:31:12,968
minute but what I done was the
five minute. So managing at
381
00:31:12,968 --> 00:31:18,728
these lows we had this range
here we initiated out. So I was
382
00:31:18,728 --> 00:31:20,948
looking at this area but then
we had NFP that you know just
383
00:31:20,948 --> 00:31:25,408
went through it so we can
delete that off. Let me just
384
00:31:25,408 --> 00:31:29,568
take it back before NFP.
385
00:31:30,568 --> 00:31:36,588
So we took it took that new
lower low from here and I then
386
00:31:36,588 --> 00:31:39,708
just run it forward a bit. So I
got tagged out on that swing
387
00:31:39,708 --> 00:31:46,008
point there. And you know NFP
we pushed down here and I was
388
00:31:46,008 --> 00:31:52,548
running around 3332 percent.
But then got tagged out at that
389
00:31:52,548 --> 00:31:56,988
swing point for nineteen point
nine. Which you know is a great
390
00:31:56,988 --> 00:32:00,748
trade. Happy with that. Every
day of the week you know you
391
00:32:00,748 --> 00:32:04,048
only really need to take a
couple of these trades a month
392
00:32:04,048 --> 00:32:09,448
and you're set but you know the
way we trade you can get
393
00:32:09,448 --> 00:32:12,268
involved in these sort of
trades multiple times a week
394
00:32:12,268 --> 00:32:16,408
and that's just the power of
our strategy and how we trade
395
00:32:16,408 --> 00:32:22,288
it so you can see tagged out
the trade. We had NFP. Let me
396
00:32:22,288 --> 00:32:26,848
just run it or just come out of
bar replay. This is where we
397
00:32:26,848 --> 00:32:31,728
are now. So, I'm just gonna
delete all this off now. Take
398
00:32:31,728 --> 00:32:38,368
that off. We can hide that.
Very clean trade. And one that
399
00:32:38,368 --> 00:32:41,488
I would take you know every
single time. Especially when we
400
00:32:41,488 --> 00:32:46,848
have the liquidity from both
sides being taken. Um But
401
00:32:46,848 --> 00:32:51,948
looking at this now again we
have this as news but it didn't
402
00:32:51,948 --> 00:32:56,628
break structure. Price wicked
down rebalancing. But then this
403
00:32:56,628 --> 00:33:02,568
we pulled back then we actually
broke again. So I'm not we have
404
00:33:02,568 --> 00:33:06,768
this area here. So the last up
close and we could refine it to
405
00:33:06,768 --> 00:33:12,348
to that. Which price traded
into. But it's not really an
406
00:33:12,348 --> 00:33:16,588
area that I wanna be looking
at. Um and given that this was
407
00:33:16,588 --> 00:33:21,508
Friday at six, seven, 8 PM So,
you know, it's not something
408
00:33:21,508 --> 00:33:26,668
I'm gonna be taking. Definitely
not. Instead, what I'll be
409
00:33:26,668 --> 00:33:32,008
looking for is now that that's
mitigated, I'm sure you can see
410
00:33:32,008 --> 00:33:36,628
but we have the higher high and
a higher low. So, I'm looking
411
00:33:36,628 --> 00:33:44,768
at that area there. Because we
pull back this is NFP so I'm
412
00:33:44,768 --> 00:33:48,308
not worried about any of this
mess we've pulled back broke
413
00:33:48,308 --> 00:33:52,508
structure last down close
candle so just like GU I'll be
414
00:33:52,508 --> 00:33:56,948
looking at that area see if
price comes in and again you
415
00:33:56,948 --> 00:34:02,288
can trade short into this area
but given that it's BB Monday I
416
00:34:02,288 --> 00:34:06,068
will assess price and see how
markets open and you know go
417
00:34:06,068 --> 00:34:12,268
from there but ultimately longs
from here could we see price
418
00:34:12,268 --> 00:34:19,708
come up into you know previous
highs from here. Maybe not next
419
00:34:19,708 --> 00:34:25,008
week but it could get to there.
Um but it doesn't need to. We
420
00:34:25,008 --> 00:34:29,268
just need to react to what
we're seeing and trade our plan
421
00:34:29,268 --> 00:34:33,348
and look to see how price is
delivered into this area. If we
422
00:34:33,348 --> 00:34:37,248
come down momentously then it's
unlikely we're gonna hold but
423
00:34:37,248 --> 00:34:41,688
it's likely you know we can get
some trades within this area
424
00:34:41,688 --> 00:34:46,428
and then look to to get along
and target. Very first target
425
00:34:46,428 --> 00:34:50,088
would be the most recent high
which is here and if we look at
426
00:34:50,088 --> 00:34:54,288
that move if we're getting long
from here the forty pips away
427
00:34:54,288 --> 00:34:57,228
and if we're having a two pip
stop loss then you know you can
428
00:34:57,228 --> 00:35:00,708
do the maths. We're getting
some very nice percentage. But
429
00:35:00,708 --> 00:35:07,968
yeah that's gonna be it for EU.
Simple and precise let's get
430
00:35:07,968 --> 00:35:16,328
into AU. So straight in we have
pretty much the same thing. So
431
00:35:16,328 --> 00:35:23,088
I'm not gonna get into this
trade here. I'll do that in
432
00:35:23,088 --> 00:35:28,308
another video or I'll break it
down in the Discord channel but
433
00:35:28,308 --> 00:35:32,268
I'm just gonna go through
quickly on my AU forecast
434
00:35:32,268 --> 00:35:37,128
because it is the same or
similar to the first two pairs
435
00:35:37,128 --> 00:35:40,308
because they are dollar dollar
pairs. So, you know, we are
436
00:35:40,308 --> 00:35:43,488
gonna be looking at the same
things. But a couple things to
437
00:35:43,488 --> 00:35:50,188
note, we have this area here
and you can see price came in
438
00:35:50,188 --> 00:35:58,508
and This is a supply zone and
again, this is NFP. So, I'm not
439
00:35:58,508 --> 00:36:04,328
too worried about this but
price came in but again, this
440
00:36:04,328 --> 00:36:08,468
is Friday afternoon. But if we
go to the 1 minute and look to
441
00:36:08,468 --> 00:36:12,248
see if there's any entries. You
can see this. There's not
442
00:36:12,248 --> 00:36:20,328
really you could argue there's
an entry here. But the NFP was
443
00:36:20,328 --> 00:36:24,588
here and then, this is an hour
later. So, do you really wanna
444
00:36:24,588 --> 00:36:29,308
be getting involved in this? It
is valid. We have a breaker
445
00:36:29,308 --> 00:36:35,088
structure there. Last up close
we tap in and come into some
446
00:36:35,088 --> 00:36:39,828
profit and then ultimately go
up and then we just continue
447
00:36:39,828 --> 00:36:45,668
pushing up and that was the
only entry there really. Um but
448
00:36:45,668 --> 00:36:48,908
it's not really too much of a
high probability entry because
449
00:36:48,908 --> 00:36:52,868
we do did have NFP that came up
near into that level and then
450
00:36:52,868 --> 00:36:58,688
you can see we had momentum. So
one thing I'm looking at is we
451
00:36:58,688 --> 00:37:01,928
can delete that off. We can
void that area because we
452
00:37:01,928 --> 00:37:09,548
haven't respected it. We've
pushed off it and we have this
453
00:37:09,548 --> 00:37:12,668
bit of slow down in price. I'm
not looking down here for any
454
00:37:12,668 --> 00:37:20,828
entries because that's NFL I'm
looking at this area. So one
455
00:37:20,828 --> 00:37:25,088
candle that sticks out to me is
that sort of dodgy candle
456
00:37:25,088 --> 00:37:30,968
there. I will take the lungs
from this area because that was
457
00:37:30,968 --> 00:37:34,968
the move there that broke that
high. As I'm sure you can
458
00:37:34,968 --> 00:37:42,888
agree, we broke structure
there. So a break of that high
459
00:37:42,888 --> 00:37:49,668
clear momentum and it also
broke that high as well. And
460
00:37:49,668 --> 00:37:53,028
you know we do have a supply
zone here or an order block. We
461
00:37:53,028 --> 00:37:57,868
didn't respect that at all. You
know we can we can void that
462
00:37:57,868 --> 00:38:03,388
really and the forecast for me
is gonna be potentially looking
463
00:38:03,388 --> 00:38:07,828
to sell into this level for you
know an an intra day or sort of
464
00:38:07,828 --> 00:38:15,088
scalping play but ultimately
looking at this area looking to
465
00:38:15,088 --> 00:38:20,188
see how price is delivered and
looking for something like that
466
00:38:20,188 --> 00:38:28,408
really into this area. So that
area there sticks out to me. As
467
00:38:28,408 --> 00:38:34,888
an unmitigate area. Just take
that off. So we may see price
468
00:38:34,888 --> 00:38:38,788
come in and then go long into
that area but price doesn't
469
00:38:38,788 --> 00:38:45,568
really need to come down to
here. What we may see is market
470
00:38:45,568 --> 00:38:50,368
open a pullback. A little bit
something like that and then a
471
00:38:50,368 --> 00:38:54,808
push up. Into that level but if
that happens then we obviously
472
00:38:54,808 --> 00:38:58,588
that'll be a break of structure
there. Then I'll be adapting.
473
00:38:58,588 --> 00:39:02,388
Looking to see how that break
that high and then look at that
474
00:39:02,388 --> 00:39:07,848
new area there and trade long
into that area as a
475
00:39:07,848 --> 00:39:11,328
continuation play and then look
to short as a reversal play
476
00:39:11,328 --> 00:39:18,948
from here. So yeah. That's
gonna do it for AU. Keeping
477
00:39:18,948 --> 00:39:23,808
things simple and you know not
over complicating things and
478
00:39:23,808 --> 00:39:26,868
that's the best way to learn
really. So any questions you
479
00:39:26,868 --> 00:39:30,348
have on my three pairs or any
pairs that you have whether it
480
00:39:30,348 --> 00:39:35,808
be gold, Euro yen you know
pairs that I don't trade. You
481
00:39:35,808 --> 00:39:40,668
can send them into you know
preferably into the channels.
482
00:39:40,668 --> 00:39:47,168
Tag me and I can show you my
analysis, send through charts,
483
00:39:47,168 --> 00:39:51,368
or or you know, see how you're
looking at your charts and you
484
00:39:51,368 --> 00:39:55,748
know, you can learn from there
but yeah, any questions you
485
00:39:55,748 --> 00:40:00,128
have, send me a message and
yeah, I'll speak to you all in
486
00:40:00,128 --> 00:40:04,328
Discord and I hope you all have
a really good weekend and yeah,
487
00:40:04,328 --> 00:40:09,248
let's let's start off July or
or continue July and have a
488
00:40:09,248 --> 00:40:12,608
really good month and you know,
make some some really good
489
00:40:12,608 --> 00:40:17,888
percentage um so yeah have a
really good weekend.
46326
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