All language subtitles for Market Rundown 28-02 July

af Afrikaans
sq Albanian
am Amharic
ar Arabic Download
hy Armenian
az Azerbaijani
eu Basque
be Belarusian
bn Bengali
bs Bosnian
bg Bulgarian
ca Catalan
ceb Cebuano
ny Chichewa
zh-CN Chinese (Simplified)
zh-TW Chinese (Traditional)
co Corsican
hr Croatian
cs Czech
da Danish
nl Dutch
en English
eo Esperanto
et Estonian
tl Filipino
fi Finnish
fr French
fy Frisian
gl Galician
ka Georgian
de German
el Greek
gu Gujarati
ht Haitian Creole
ha Hausa
haw Hawaiian
iw Hebrew
hi Hindi
hmn Hmong
hu Hungarian
is Icelandic
ig Igbo
id Indonesian
ga Irish
it Italian
ja Japanese
jw Javanese
kn Kannada
kk Kazakh
km Khmer
ko Korean
ku Kurdish (Kurmanji)
ky Kyrgyz
lo Lao
la Latin
lv Latvian
lt Lithuanian
lb Luxembourgish
mk Macedonian
mg Malagasy
ms Malay
ml Malayalam
mt Maltese
mi Maori
mr Marathi
mn Mongolian
my Myanmar (Burmese)
ne Nepali
no Norwegian
ps Pashto
fa Persian
pl Polish
pt Portuguese
pa Punjabi
ro Romanian
ru Russian
sm Samoan
gd Scots Gaelic
sr Serbian
st Sesotho
sn Shona
sd Sindhi
si Sinhala
sk Slovak
sl Slovenian
so Somali
es Spanish
su Sundanese
sw Swahili
sv Swedish
tg Tajik
ta Tamil
te Telugu
th Thai
tr Turkish
uk Ukrainian
ur Urdu
uz Uzbek
vi Vietnamese
cy Welsh
xh Xhosa
yi Yiddish
yo Yoruba
zu Zulu
or Odia (Oriya)
rw Kinyarwanda
tk Turkmen
tt Tatar
ug Uyghur
Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:10,568 --> 00:00:14,488 Yo what's going on everyone? I hope you're all doing well. Er 2 00:00:14,488 --> 00:00:18,448 welcome to another video. So what we're gonna do is run 3 00:00:18,448 --> 00:00:24,448 through GU, EU and AU and talk about the trades that I 4 00:00:24,448 --> 00:00:29,408 personally took for the week just gone. Um and yeah let's 5 00:00:29,408 --> 00:00:33,008 start off on EU and get straight into it. Now the last 6 00:00:33,008 --> 00:00:36,368 video I had done was around you know an hour long which I do 7 00:00:36,368 --> 00:00:40,148 believe is a bit too long and you know you you can start to 8 00:00:40,148 --> 00:00:44,348 just tune off and just you know lose focus. So I'd like to keep 9 00:00:44,348 --> 00:00:50,848 these I try and keep them a bit and shorter. Um so that's what 10 00:00:50,848 --> 00:00:54,628 I'm gonna try and do in this video and yeah just try and get 11 00:00:54,628 --> 00:00:59,008 through it quickly and you know still providing value and yeah 12 00:00:59,008 --> 00:01:06,448 let's go from there. So EU on the hourly time frame as I 13 00:01:06,448 --> 00:01:12,448 always start my analysis we can see if we look at current price 14 00:01:12,448 --> 00:01:18,568 we've had this push up which is broken above this high here 15 00:01:18,568 --> 00:01:24,628 which I've marked on and we've now seen a sell off and we've 16 00:01:24,628 --> 00:01:28,288 actually broken you know we had this little consolidation range 17 00:01:28,288 --> 00:01:34,228 we broke up and this can for me is AA handle that has taken 18 00:01:34,228 --> 00:01:39,928 liquidity from that high um cuz you can see we broke that high 19 00:01:39,928 --> 00:01:42,988 and then we actually retraced fully and then we broke 20 00:01:42,988 --> 00:01:48,748 structure on this higher low. Now we've also seen a reaction. 21 00:01:48,748 --> 00:01:51,688 If we look left we have this bit of imbalance from this week 22 00:01:51,688 --> 00:01:59,308 down to this week. Um which was mainly covered with this move 23 00:01:59,308 --> 00:02:03,928 here. But you can see we left a little bit and you know price 24 00:02:03,928 --> 00:02:08,368 has sold off you know pretty much perfectly from there. And 25 00:02:08,368 --> 00:02:12,868 we do have this area as well which we can mark on. So we 26 00:02:12,868 --> 00:02:17,848 could be you know this is a valid order block. You know we 27 00:02:17,848 --> 00:02:20,548 can refine it from that bullish candle to this candle here. 28 00:02:20,548 --> 00:02:26,608 Because you can see that we we push down. Now this was news. 29 00:02:26,608 --> 00:02:29,608 We pulled back and then we broke structure again. So we 30 00:02:29,608 --> 00:02:34,168 broke that low. And we have the last up close candle refined to 31 00:02:34,168 --> 00:02:38,668 that candle which is before the momentum came in as you can 32 00:02:38,668 --> 00:02:45,328 see. We haven't come into that level and we don't need to come 33 00:02:45,328 --> 00:02:51,088 up to here. Um it's not needed. We have filled this imbalance 34 00:02:51,088 --> 00:02:57,488 here and we've took taken liquidity from this high as 35 00:02:57,488 --> 00:03:02,408 well. Now we see this a lot where you know we break highs 36 00:03:02,408 --> 00:03:07,928 and then we retrace. Now we know the highs and lows are 37 00:03:07,928 --> 00:03:11,528 manipulated and this is it's not it's not uncommon. This 38 00:03:11,528 --> 00:03:16,148 happens all the time. Okay? So what I'm looking at for next 39 00:03:16,148 --> 00:03:23,588 week is we've broken that low there. So I'll just mark that 40 00:03:23,588 --> 00:03:30,748 on. Break of structure which is valid for me and we have the 41 00:03:30,748 --> 00:03:34,528 last up close candle which is here but on the fifteen I'll 42 00:03:34,528 --> 00:03:37,368 just go down to it now 43 00:03:38,568 --> 00:03:47,288 um we can refine it down to this candle here but back to 44 00:03:47,288 --> 00:03:55,168 the hourly sorry fifteen. We have this you know very clear 45 00:03:55,168 --> 00:04:00,628 imbalance on the 15 minute as well. So we may come up to 46 00:04:00,628 --> 00:04:04,828 rebalance that bit of price in there and then you know build 47 00:04:04,828 --> 00:04:08,848 liquidity and then actually come above into that last up 48 00:04:08,848 --> 00:04:15,088 close candle here. So we can we can refine it down to that 49 00:04:15,088 --> 00:04:21,028 candle there. And then back to the hourly is something like 50 00:04:21,028 --> 00:04:28,108 that but it for me if price really comes into this sort of 51 00:04:28,108 --> 00:04:31,048 whole area then I'm gonna be looking for potential sell 52 00:04:31,048 --> 00:04:35,968 entries you know looking for liquidity manipulation and look 53 00:04:35,968 --> 00:04:42,028 to sell from here and then really we can look um for for 54 00:04:42,028 --> 00:04:47,008 some areas down here. Now if I look at previous price I can 55 00:04:47,008 --> 00:04:52,808 see we previously had this impulsive move up that broke 56 00:04:52,808 --> 00:04:56,348 structure as I marked on. We have the last down close candle 57 00:04:56,348 --> 00:05:03,848 which is here. Now I'm I'm well aware that we or I did get an 58 00:05:03,848 --> 00:05:07,748 entry from here. So I did look at this area. But as I get into 59 00:05:07,748 --> 00:05:12,548 I took a trade where I refined my area from here up to here on 60 00:05:12,548 --> 00:05:15,968 the fifteen minute. And you can see price wicked in and I took 61 00:05:15,968 --> 00:05:21,488 an I took a trade up here. Um but if we look at the hourly, 62 00:05:21,488 --> 00:05:26,528 this hasn't been mitigated. So, this order block has been, you 63 00:05:26,528 --> 00:05:30,908 know, left and it's not been mitigated. Um we wicked down 64 00:05:30,908 --> 00:05:34,388 but you know, we failed to come into this level. So, if we do 65 00:05:34,388 --> 00:05:39,848 get some sells from this area here, then, we can be looking 66 00:05:39,848 --> 00:05:44,768 for targets. You know, firstly at these lows here, but 67 00:05:44,768 --> 00:05:49,448 ultimately, this as a first target and potentially even 68 00:05:49,448 --> 00:05:55,368 this wick down here. Be cuz if we look at this wick it would 69 00:05:55,368 --> 00:05:58,848 be an order block on a lower time frame there's no doubt. So 70 00:05:58,848 --> 00:06:04,588 we could target here and even this wick and then look for 71 00:06:04,588 --> 00:06:08,128 potential longs from here. Dependent on lower lower time 72 00:06:08,128 --> 00:06:12,928 frame confirmations and you know how price is delivered 73 00:06:12,928 --> 00:06:17,308 into that area. It may continue down to to these lows. Because 74 00:06:17,308 --> 00:06:24,968 we do have liquidity building you know this trend line 123 75 00:06:24,968 --> 00:06:29,228 you know it's liquidity at them lows the price could come down 76 00:06:29,228 --> 00:06:33,368 sweep all that liquidity or even just sweep liquidity from 77 00:06:33,368 --> 00:06:41,048 these lows here cuz you can see we do have you know 123 touches 78 00:06:41,048 --> 00:06:43,508 or that trend line with which people are looking at to get 79 00:06:43,508 --> 00:06:47,948 long. The price may come up then down take that liquidity 80 00:06:47,948 --> 00:06:50,468 tap into that order block and then we can look to get long 81 00:06:50,468 --> 00:06:54,848 from there. Um and then if we can get long in in these areas 82 00:06:54,848 --> 00:06:58,628 then you know a clear target would be of course the highest 83 00:06:58,628 --> 00:07:04,448 but then this unmitigated um supply zone here for a target. 84 00:07:04,448 --> 00:07:10,508 So that's the forecast for EU. You know keeping it simple. And 85 00:07:10,508 --> 00:07:20,068 if I go to the fifteen then we may see a as I said a push into 86 00:07:20,068 --> 00:07:22,588 this area and then I'll be looking for the lower time 87 00:07:22,588 --> 00:07:27,868 frame confirmations and yeah look to get short from there 88 00:07:27,868 --> 00:07:35,488 but I do believe um we will potentially come lower but one 89 00:07:35,488 --> 00:07:42,428 thing to also look at here is this move here, okay? It'll be 90 00:07:42,428 --> 00:07:48,468 broken structure so if I just mark it on although that we 91 00:07:48,468 --> 00:07:53,148 have taken this high out and then retraced we also need to 92 00:07:53,148 --> 00:07:58,188 understand that it is a broker structure okay and we've also 93 00:07:58,188 --> 00:08:04,368 broken substructure um at this high here so the reason this is 94 00:08:04,368 --> 00:08:09,588 substructure is because if we look at this move here so once 95 00:08:09,588 --> 00:08:12,408 we broke structure here we had a higher high which is a swing 96 00:08:12,408 --> 00:08:17,408 higher and then we we have higher lows within this but the 97 00:08:17,408 --> 00:08:21,008 real swing low would be this wick because it's the lowest 98 00:08:21,008 --> 00:08:25,148 point before price then pulled back okay so swing high and 99 00:08:25,148 --> 00:08:29,528 swing low and all this price action within is you know it's 100 00:08:29,528 --> 00:08:34,988 within the higher and the low so it's substructure and then 101 00:08:34,988 --> 00:08:37,928 you can see this is the move that actually broke that higher 102 00:08:37,928 --> 00:08:41,528 high to put in a new higher high and then you know higher 103 00:08:41,528 --> 00:08:46,268 low which would be here or even here. Okay so that is a break 104 00:08:46,268 --> 00:08:53,768 of structure and then we had this here um which is the last 105 00:08:53,768 --> 00:08:57,428 down close so it's a valid order block. Price came in but 106 00:08:57,428 --> 00:09:01,268 didn't respect it. You know, no lower time frame confirmation 107 00:09:01,268 --> 00:09:06,308 and you know, price was delivered in in a way that 108 00:09:06,308 --> 00:09:12,548 shows, you know, momentum with this candle and this candle and 109 00:09:12,548 --> 00:09:18,488 you know, no lower time frame confirmation. But if we look at 110 00:09:18,488 --> 00:09:22,208 another unmitigated area, we have a push up here which 111 00:09:22,208 --> 00:09:26,228 broke, you know, you could say substructure. It's not really a 112 00:09:26,228 --> 00:09:29,948 valid break for me but it is a move that left a bit of 113 00:09:29,948 --> 00:09:34,328 imbalance and we could potentially look at you know 114 00:09:34,328 --> 00:09:37,648 this candle here 115 00:09:52,068 --> 00:09:55,988 but yeah that's sort of the game plan for EU. Keeping it 116 00:09:55,988 --> 00:10:03,648 simple. Overall looking to sell from really this this whole 117 00:10:03,648 --> 00:10:07,878 area um and then understand we have that imbalance on the 15 118 00:10:07,878 --> 00:10:13,028 minute time frame which we can look to see what price action 119 00:10:13,028 --> 00:10:17,468 does and look for entries within that. But ultimately we 120 00:10:17,468 --> 00:10:20,888 we need to understand we do have a lot of liquidity that's 121 00:10:20,888 --> 00:10:28,268 been built on these higher lows. So we may see a push down 122 00:10:28,268 --> 00:10:32,588 into an unmitigated area as I discussed and then look for 123 00:10:32,588 --> 00:10:37,268 entries within that. Okay, so on AU now, which is looking 124 00:10:37,268 --> 00:10:43,648 very clear to me in my opinion. Uh Now one thing that I do is 125 00:10:43,648 --> 00:10:47,668 when I very first get on a chart is I just look at it you 126 00:10:47,668 --> 00:10:52,648 know zoom out a little bit like this and just sort of look to 127 00:10:52,648 --> 00:10:57,448 see what it's telling me. And the first thing that I that 128 00:10:57,448 --> 00:11:01,768 comes to mind is you know we've had this very corrective move 129 00:11:01,768 --> 00:11:06,508 up. We've taken out that high. And this is Messi and we have a 130 00:11:06,508 --> 00:11:13,308 lot of liquidity below. Um and a lot of retail traders you 131 00:11:13,308 --> 00:11:16,908 know who trade patterns and you know larger communities that 132 00:11:16,908 --> 00:11:21,468 you've probably heard of will be looking at this as you know 133 00:11:21,468 --> 00:11:27,828 AA free touch 123 and 123 on the top. A three touch 134 00:11:27,828 --> 00:11:33,968 ascending channel and you know a mass psychology bit of price 135 00:11:33,968 --> 00:11:39,128 action where we had this high and People looking to short 136 00:11:39,128 --> 00:11:43,868 from here. Price pushes up. Fur touch of the pattern. Which it 137 00:11:43,868 --> 00:11:46,748 does make sense but we're not trading it that way. We don't 138 00:11:46,748 --> 00:11:50,348 look we're not looking at this as an ascending channel and a 139 00:11:50,348 --> 00:11:54,848 double top mass psychology. The way we're looking at it is 140 00:11:54,848 --> 00:12:03,208 liquidity building here. We have a push up which led to AA 141 00:12:03,208 --> 00:12:07,048 new higher high from here which we did also break here as well 142 00:12:07,048 --> 00:12:10,348 but we have you know the higher higher and a clear higher low. 143 00:12:10,348 --> 00:12:15,448 We've broken structure. So we've broken that low you know 144 00:12:15,448 --> 00:12:20,488 ever so slightly which agreed isn't the most convincing and 145 00:12:20,488 --> 00:12:24,148 momentous break but it is still a break of structure and we 146 00:12:24,148 --> 00:12:28,708 have this as the last up close and then you know refined to 147 00:12:28,708 --> 00:12:34,248 this candle here. Um so I will be seeking you know selling 148 00:12:34,248 --> 00:12:41,328 opportunities in this area and if we also look left we can see 149 00:12:41,328 --> 00:12:46,668 we have this that price you know we have this convincing 150 00:12:46,668 --> 00:12:52,188 sort of bullish candle which is probably an order block on a 151 00:12:52,188 --> 00:12:57,228 time frame up and you can see prices tapped in tapped into 152 00:12:57,228 --> 00:13:04,708 that area and it says that's you know why a price has sold 153 00:13:04,708 --> 00:13:09,208 off from here broke structure but one thing that I'm looking 154 00:13:09,208 --> 00:13:15,148 at personally is that candle there as my order block and if 155 00:13:15,148 --> 00:13:21,068 I go to a 15 minute time frame you know I wouldn't be looking 156 00:13:21,068 --> 00:13:25,448 at refining but you know this this is messy and you know this 157 00:13:25,448 --> 00:13:31,268 is definitely messy price action. Um but in this example 158 00:13:31,268 --> 00:13:35,708 what I would do is potentially look at that candle there but 159 00:13:35,708 --> 00:13:39,548 on the hourly really if price is coming into this area I'm 160 00:13:39,548 --> 00:13:41,648 gonna be looking on the lower time frames and then you know 161 00:13:41,648 --> 00:13:48,368 go from there with my entries. Um so yeah the full process is 162 00:13:48,368 --> 00:13:53,348 I wanna see price come into this area and just get my mouse 163 00:13:53,348 --> 00:13:59,288 once price comes in to this area and if it does I'll be 164 00:13:59,288 --> 00:14:04,448 looking you know for a shift in momentum you know breaks of 165 00:14:04,448 --> 00:14:07,868 structure mitigations liquidity clearing and then looking for 166 00:14:07,868 --> 00:14:12,548 that momentum shift and looking at that break of structure on a 167 00:14:12,548 --> 00:14:15,668 low time frame and looking at that newly created order block 168 00:14:15,668 --> 00:14:22,868 to get short from. And And yeah and we have reason for price to 169 00:14:22,868 --> 00:14:26,168 move down because we have a lot of liquidity as I've mentioned 170 00:14:26,168 --> 00:14:31,148 which price has taken from this low already. But you know this 171 00:14:31,148 --> 00:14:35,708 this is a trend line which people are looking at and one 172 00:14:35,708 --> 00:14:41,768 thing that we could see is we have a break of structure here 173 00:14:41,768 --> 00:14:45,128 but it's not something that's valid for me because we have 174 00:14:45,128 --> 00:14:51,048 this higher price wicked but then closed below. Um but we we 175 00:14:51,048 --> 00:14:58,008 do have an an area where price may come down to but the the 176 00:14:58,008 --> 00:15:01,488 real sort of order block or demand zone that I'm looking at 177 00:15:01,488 --> 00:15:05,268 is the one lower so we have this here okay so we broke 178 00:15:05,268 --> 00:15:08,808 structure with that higher and they they try and ignore this 179 00:15:08,808 --> 00:15:12,828 this is trades that I've I took um at the start of the week but 180 00:15:12,828 --> 00:15:17,128 what I'm looking at is Just mark that on if I can get it on 181 00:15:17,128 --> 00:15:24,848 correctly. Is that candle there? Okay so I'm sure you can 182 00:15:24,848 --> 00:15:27,608 see but we have a break of structure which I'll just mark 183 00:15:27,608 --> 00:15:35,768 it on. We broke that high. BIS. And we have the last down close 184 00:15:35,768 --> 00:15:40,208 candle refined to this candle. Now the reason why I would 185 00:15:40,208 --> 00:15:45,908 refine that down if you're new is because it's wicked. So it 186 00:15:45,908 --> 00:15:49,928 it was up here and it closed back down. So it's not showing 187 00:15:49,928 --> 00:15:55,768 momentum. And this candle here you know has 188 00:16:20,568 --> 00:16:26,228 yeah so that's what I'm looking at so this area to sell so a 189 00:16:26,228 --> 00:16:30,128 clear order block or supply zone we've taken liquidity from 190 00:16:30,128 --> 00:16:35,888 that high as the same as EU we have liquidity under these lows 191 00:16:35,888 --> 00:16:41,828 to target and another target could be this low here which I 192 00:16:41,828 --> 00:16:47,768 will be looking at and I'm looking to trade into this area 193 00:16:47,768 --> 00:16:54,728 now if price does come up to here you know we have 100 plus 194 00:16:54,728 --> 00:16:59,648 pips from this move down to here. So you know a lot of 195 00:16:59,648 --> 00:17:04,568 percentage that we can make. Um because if you look at even 196 00:17:04,568 --> 00:17:09,068 this this move here I got involved on this first trade up 197 00:17:09,068 --> 00:17:15,768 here and got out around hm where was it? Maybe around here 198 00:17:15,768 --> 00:17:22,368 and that's thirty-five to forty pips which was around 15% on 199 00:17:22,368 --> 00:17:24,828 this trade. So you know it's a lot of percentage that we can 200 00:17:24,828 --> 00:17:33,328 make. Um but yeah so that's gonna be my sort of views on AU 201 00:17:33,328 --> 00:17:37,228 sell from this area and if price doesn't come into this 202 00:17:37,228 --> 00:17:40,348 area then I'll be looking for another break of structure. So 203 00:17:40,348 --> 00:17:43,228 once market opens we may just see a little bit of a range as 204 00:17:43,228 --> 00:17:46,588 we usually do and then we may just break structure again and 205 00:17:46,588 --> 00:17:51,488 if we do that then I'll just mark it on so if we just range 206 00:17:51,488 --> 00:17:55,868 around and then break structure again then I'll be looking at 207 00:17:55,868 --> 00:18:00,248 that new area. So I'm always looking to trade the new the 208 00:18:00,248 --> 00:18:06,308 the most fresh um order blocks. Um and then you know look to 209 00:18:06,308 --> 00:18:12,248 get short from here. Targeting that low but ultimately this um 210 00:18:12,248 --> 00:18:17,828 mitigate area here. And then I'll be looking for longs in 211 00:18:17,828 --> 00:18:20,888 this area. So you know nice breaks of structure. Excuse the 212 00:18:20,888 --> 00:18:28,428 drawings but you you get the idea. Um and yeah that is my 213 00:18:28,428 --> 00:18:32,988 sort of views on AU. You know, keeping it simple as I always 214 00:18:32,988 --> 00:18:38,088 do and these trades I'm gonna get into so don't worry. But 215 00:18:38,088 --> 00:18:42,768 yeah, um nice and simple. Liquidity to target. Liquidity 216 00:18:42,768 --> 00:18:48,288 under these lows. Um bitter gate area. And one other thing 217 00:18:48,288 --> 00:18:52,728 to mention is price does not need to push up and then down. 218 00:18:52,728 --> 00:19:00,268 It can still you know push up rep to maybe this area here but 219 00:19:00,268 --> 00:19:05,128 you know all of this is really mitigated and you know but we 220 00:19:05,128 --> 00:19:08,248 could just see a break of structure up and we have this 221 00:19:08,248 --> 00:19:12,208 wick here as we know there's always something inside wicks. 222 00:19:12,208 --> 00:19:16,588 So we may even break structure. Break that higher and then we 223 00:19:16,588 --> 00:19:20,968 could get long from this area if if price comes back to it 224 00:19:20,968 --> 00:19:25,108 and then you know lower time frames. Something like that and 225 00:19:25,108 --> 00:19:29,168 then we can target this sort of area and then sell from there 226 00:19:29,168 --> 00:19:33,788 but you know whatever price gives me is what I'm gonna 227 00:19:33,788 --> 00:19:36,428 react to. I'm always reacting to price and not trying to 228 00:19:36,428 --> 00:19:42,308 predict too much. Although I although I do forecast I'm not 229 00:19:42,308 --> 00:19:46,148 predicting I'm not saying right this is gonna go up from here 230 00:19:46,148 --> 00:19:48,728 or this is definitely gonna go into this level and then sell. 231 00:19:48,728 --> 00:19:52,628 Because once you start doing that you know trading smart 232 00:19:52,628 --> 00:19:57,908 money or not that's when ego comes into it and you know I 233 00:19:57,908 --> 00:20:01,328 really don't have an ego. I just sort of react to what 234 00:20:01,328 --> 00:20:07,928 price is telling me and then, you know, make money on my 235 00:20:07,928 --> 00:20:10,748 trading plan and once I get my entries and it's as simple as 236 00:20:10,748 --> 00:20:13,088 that and then, you just rinse and repeat every single day. 237 00:20:13,088 --> 00:20:17,768 Okay, so that's gonna be AU and the last pair is gonna be GU. 238 00:20:17,768 --> 00:20:20,888 So, let's get into that now. The final pair, uh we're on GU. 239 00:20:20,888 --> 00:20:24,308 So, again, when I first come onto this chart, the first 240 00:20:24,308 --> 00:20:29,408 thing I see is you know, a bit messy in all honesty it's not 241 00:20:29,408 --> 00:20:33,308 really interesting me too much when I've got AU and and EU 242 00:20:33,308 --> 00:20:38,288 well especially AU looking you know prime for some some great 243 00:20:38,288 --> 00:20:42,788 opportunities for the week um GU isn't really showing me too 244 00:20:42,788 --> 00:20:49,988 much um but if we look at what we saw last week is we had this 245 00:20:49,988 --> 00:20:52,688 break of structure here so you can see we put in a new lower 246 00:20:52,688 --> 00:20:58,848 low we had this as the order block that we was looking at 247 00:20:58,848 --> 00:21:04,328 and once we came into this level I know I've done a video 248 00:21:04,328 --> 00:21:09,308 on this but you know we we can't get too fixated on the 249 00:21:09,308 --> 00:21:13,688 higher time frame sales in this example we can still trade long 250 00:21:13,688 --> 00:21:17,048 into these areas because price does not need to sell from here 251 00:21:17,048 --> 00:21:21,608 although it's more likely that we will sell from here it does 252 00:21:21,608 --> 00:21:25,208 not need to and especially once we have an unmitigated area 253 00:21:25,208 --> 00:21:30,628 above it as you can see here we had this area which price 254 00:21:30,628 --> 00:21:35,908 ultimately came into sold off from and then went long from 255 00:21:35,908 --> 00:21:41,008 the new sort of demand level which was here. Okay so there 256 00:21:41,008 --> 00:21:44,788 is still a lot of percentage to make in these moves up to 257 00:21:44,788 --> 00:21:48,088 higher time frame areas. That's that's one thing you know I 258 00:21:48,088 --> 00:21:54,088 really wanna try and get across and teach er teach you like 259 00:21:54,088 --> 00:21:58,468 basically. So that's what we see here. So I traded long. I 260 00:21:58,468 --> 00:22:01,648 went through this trade already in a video and then we had 261 00:22:01,648 --> 00:22:05,068 areas here and this was during spread hours. I wasn't I didn't 262 00:22:05,068 --> 00:22:08,308 take any trades in here. Um but I'm sure there was trades 263 00:22:08,308 --> 00:22:14,628 within here. Okay and then we came down so we had I'll just 264 00:22:14,628 --> 00:22:20,088 zoom zoom right in. We put in a new higher high with this move 265 00:22:20,088 --> 00:22:23,808 here cuz you can see we broke these highs here. We pulled 266 00:22:23,808 --> 00:22:28,428 back new high high. So we had this last down candle move. 267 00:22:28,428 --> 00:22:33,408 Which price did come below. But you know structure is still 268 00:22:33,408 --> 00:22:39,128 structure. So we're still trading based on, you know, 269 00:22:39,128 --> 00:22:42,128 lower time frame structure and we we did get a very clean 270 00:22:42,128 --> 00:22:46,388 entry on the lower time frames which I know a couple people 271 00:22:46,388 --> 00:22:52,928 took and posted in the pound dollar uh channel. And then you 272 00:22:52,928 --> 00:22:59,768 can see, we put in a new higher excuse me and then we see a 273 00:22:59,768 --> 00:23:02,228 nice trend up you know a lot of percentage to make on that move 274 00:23:02,228 --> 00:23:09,008 there and going forward we put in a new higher high here so I 275 00:23:09,008 --> 00:23:13,628 was looking at this area as I did put into discord but then 276 00:23:13,628 --> 00:23:18,488 again we pull back and then put in a new higher. So we had this 277 00:23:18,488 --> 00:23:22,868 area here. Now I've refine this down to to the wick which is an 278 00:23:22,868 --> 00:23:28,368 order block on I believe the fifteen or 5 minute and let me 279 00:23:28,368 --> 00:23:31,188 just go through this quickly actually. So I'm gonna take you 280 00:23:31,188 --> 00:23:38,928 back quickly to around here. So as I've said you know in this 281 00:23:38,928 --> 00:23:44,028 video already I always like to take the most clean er the most 282 00:23:44,028 --> 00:23:48,468 fresh breaks of structure. So once we broke structure here I 283 00:23:48,468 --> 00:23:52,008 was looking at this area as my consolidation range to get 284 00:23:52,008 --> 00:23:55,668 along from. But then we broke structure again. So this is my 285 00:23:55,668 --> 00:24:00,168 new area. Which I will take entries in on lower time frame 286 00:24:00,168 --> 00:24:04,908 confirmation. Okay? So once price came into that level go 287 00:24:04,908 --> 00:24:11,048 to the fifteen. Yeah so you can see ignore all this but we have 288 00:24:11,048 --> 00:24:15,728 break of structure last down candle which is there refined 289 00:24:15,728 --> 00:24:19,688 to that candle okay you all know this simple stuff really 290 00:24:19,688 --> 00:24:27,328 and then 1 minute time frame price came in I set an entry on 291 00:24:27,328 --> 00:24:31,828 this. Er yeah it was 4 PM So you can clearly see we came in 292 00:24:31,828 --> 00:24:36,568 with lower lows and lower highs. And we came down 293 00:24:36,568 --> 00:24:43,948 mitigated 50% er and more of this area. Broke structure. And 294 00:24:43,948 --> 00:24:47,428 I was looking at this at my area to get long from. Then you 295 00:24:47,428 --> 00:24:52,648 can see price didn't come back in and I took my entry off as 296 00:24:52,648 --> 00:24:59,448 we was approaching 6 PM Bit cos that's too late for me in a day 297 00:24:59,448 --> 00:25:04,668 with spreads coming at 10 PM So I don't wanna keep my entry on 298 00:25:04,668 --> 00:25:09,948 at this time and you know then be in the trade and just get 299 00:25:09,948 --> 00:25:13,548 taken out by spreads. If that makes sense. Especially for 300 00:25:13,548 --> 00:25:16,308 starting to trade on lots of capital. You don't wanna be 301 00:25:16,308 --> 00:25:21,648 taking city losses like that you know. And that just comes 302 00:25:21,648 --> 00:25:24,888 with experience and you know more knowledge in the markets 303 00:25:24,888 --> 00:25:30,428 basically. Um but you can see price failed to come in, pulled 304 00:25:30,428 --> 00:25:33,548 off, and then if you was looking at setting your entry 305 00:25:33,548 --> 00:25:38,348 after spreads, well, you know, this is still 8 PM and then 306 00:25:38,348 --> 00:25:41,468 price did come lower but I'm not gonna get into that yet. 307 00:25:41,468 --> 00:25:45,368 I'm gonna look at current price, okay? But that was a 308 00:25:45,368 --> 00:25:49,268 very clean entry that I would have taken um which would have 309 00:25:49,268 --> 00:25:52,028 resulted in loss but you know, if it wasn't spread hours, then 310 00:25:52,028 --> 00:25:58,908 I'll be in that trade. But back to GU, what I'm looking at is, 311 00:25:58,908 --> 00:26:02,988 well, what sticks out to me the most is this move here but we 312 00:26:02,988 --> 00:26:05,688 know this is news. So, I'm not really interested in this area 313 00:26:05,688 --> 00:26:09,888 but you may be looking at it thinking, can we sell from this 314 00:26:09,888 --> 00:26:15,828 area? Now, as we've broken structure on this low, pulled 315 00:26:15,828 --> 00:26:19,008 back, broke structure, that's not an area I'm looking at and 316 00:26:19,008 --> 00:26:25,648 also being that it is news that caused that um but then we push 317 00:26:25,648 --> 00:26:30,748 down. We had this hourly imbalance from there to that 318 00:26:30,748 --> 00:26:35,608 week there. Which I did take an entry in this as well. Which 319 00:26:35,608 --> 00:26:42,268 was on Thursday I believe. And if we look at where price is 320 00:26:42,268 --> 00:26:49,108 now we we have this low here which I have marked on. Now 321 00:26:49,108 --> 00:26:55,748 what I'm expecting is for price to break that low. You know, 322 00:26:55,748 --> 00:26:59,768 build some liquidity and also take it from that low and then 323 00:26:59,768 --> 00:27:04,628 potentially we can look at this area uh to get along from 324 00:27:04,628 --> 00:27:08,588 because we do, although it's not really an order block, we 325 00:27:08,588 --> 00:27:12,128 do have an area down here but we do have a clear imbalance 326 00:27:12,128 --> 00:27:16,748 that is left on this candle. So, we could see a reaction 327 00:27:16,748 --> 00:27:22,928 from that area. And look to get long and and target you know 328 00:27:22,928 --> 00:27:30,368 highs and really up here but it depends how you know Monday 329 00:27:30,368 --> 00:27:35,768 morning comes around and where price is we could see I do 330 00:27:35,768 --> 00:27:39,968 believe that low will will be taken out and you know break it 331 00:27:39,968 --> 00:27:44,648 and then potentially retrace back up. So one thing we may 332 00:27:44,648 --> 00:27:49,508 see is that low get taken out. Um mitigation of that imbalance 333 00:27:49,508 --> 00:27:55,028 there. And then a push back up into you know this last up 334 00:27:55,028 --> 00:27:58,748 close candle because we have broken this is the move that 335 00:27:58,748 --> 00:28:04,508 broke that low. So we could see you know we could see price 336 00:28:04,508 --> 00:28:09,068 sell off from there and look to get short from here. Which is 337 00:28:09,068 --> 00:28:13,988 what I will be looking at. Um most definitely. If I just mock 338 00:28:13,988 --> 00:28:19,808 that on, we have the last up close candle refined to this 339 00:28:19,808 --> 00:28:25,408 here. Now you could be looking at this candle here. But as 340 00:28:25,408 --> 00:28:29,908 I've always said as this whole move is just one break of 341 00:28:29,908 --> 00:28:33,148 structure. I will take the extreme. So this candle and 342 00:28:33,148 --> 00:28:36,628 then refine to that candle. So if price comes in just go to 343 00:28:36,628 --> 00:28:45,528 the fifteen quickly. And We do have a 15 minute area as well. 344 00:28:45,528 --> 00:28:52,348 So we do have this which I may you know size up and look at as 345 00:28:52,348 --> 00:28:56,068 Monday morning comes around. But on this move here we are 346 00:28:56,068 --> 00:29:01,048 breaking structure again. So it all depends how you know what 347 00:29:01,048 --> 00:29:05,488 what price is doing on say Monday morning you know near 348 00:29:05,488 --> 00:29:10,708 midday and where price is okay? But ultimately the first real 349 00:29:10,708 --> 00:29:16,408 area is up here but then you know look at this area as well 350 00:29:16,408 --> 00:29:21,568 and if price comes in, we can look to sell and you know, 351 00:29:21,568 --> 00:29:26,368 targets all this hourly imbalance this low and we have 352 00:29:26,368 --> 00:29:32,188 an area down here but as I've said a few weeks ago, we broke 353 00:29:32,188 --> 00:29:36,568 structure but we then had this wick that came back in. Which I 354 00:29:36,568 --> 00:29:42,088 do classify as a mitigation in some respect. So, whether that 355 00:29:42,088 --> 00:29:45,868 area will hold and be respected, you know, it will 356 00:29:45,868 --> 00:29:50,368 we'll find out if it does but you know I don't believe it 357 00:29:50,368 --> 00:29:55,788 will. Um but yeah it's all about reacting and 358 00:29:55,788 --> 00:30:00,228 understanding what the lower time frames are doing and yeah 359 00:30:00,228 --> 00:30:06,648 so that's gonna that it for my forecast you know summary we 360 00:30:06,648 --> 00:30:09,528 have a break of structure we have this low that I'm looking 361 00:30:09,528 --> 00:30:14,808 that price may take out manipulate retrace come back 362 00:30:14,808 --> 00:30:18,168 into these areas here and then we can look to sell um 363 00:30:18,168 --> 00:30:21,528 dependent on lower time frame confirmation and then look to 364 00:30:21,528 --> 00:30:27,308 target sort of this imbalance and these lows down here. 34622

Can't find what you're looking for?
Get subtitles in any language from opensubtitles.com, and translate them here.