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Yeah.
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Hello, guys.
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You're welcome to this video.
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So in our previous videos, we learned about uptrends.
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We learned about downturns.
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We also learned about consolidation.
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Okay.
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So in this video, I want to tell you the importance of labeling the trend.
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Okay.
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This video we are going to learn about labeling of an object.
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Okay.
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It is very, very important, unnecessary that you label your trend.
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Beats uptrend all the downtrend the market because we labor your trend it will help you learn faster.
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Okay.
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It also help you understand and see the structures of the market easily.
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Okay.
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To help you understand and get better as knowing the structures of the market.
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Okay.
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So.
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He said in an optional market that we experience higher highs and higher loose look, why the downtrend
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in markets, yesterday's low values and lower highs.
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Okay, so let me show you an example.
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A la about a well, I better said okay, let me show you an example of an uptrend that is laid out properly.
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Okay.
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So I've already elaborated myself, so a bit easier for us to understand.
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Okay.
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If you look on my screen here, you see what I laid out in front of us.
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The market here is making these waves to the upside.
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Okay?
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It's making higher highs and higher lose because it's not option the market.
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Okay.
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The hedge.
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Hedge there stands for higher highs while the edge l stands for low values.
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Okay.
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So when the market starts moving.
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Okay.
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When the market starts going up, it makes higher highs and higher something like this.
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The market makes higher highs and hams.
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Okay.
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I have some.
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So.
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Here is the high.
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The bottom here is this.
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Hello, this is another.
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Hi.
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Hi, this is another.
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Hi, Lou.
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These high here.
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Is higher than the previous high.
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That is why it is called higher high.
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These high here is higher than this previous high.
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This high here is higher than this spurious high while this high here is also higher than the previous
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high.
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Okay.
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Now, look at this.
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This place I wrote, this is the high value, which is not the reason why he scored high.
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Low.
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Because this high.
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He's hired on this law.
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I mean, this lawyer.
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Sorry, this lawyer is higher than this law.
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Okay.
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While this low here is higher than this law.
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And this law here is hard on this law.
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Okay.
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So when the market is going up, when the market is not option, the market is forming higher highs
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and higher lows.
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When the market is on, an uptrend is swarming higher highs and high values.
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Okay, so guys, that's it.
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So let's jump to the real shot so I can show you an example of high highs and high lose underage shot.
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Okay.
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As you can see, I'm on Euro CHF for our charts.
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Okay.
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I'm euros CHF for our charts.
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You find out that the market is going, oh, it's not option here.
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Look, the markets broke these low here and made a high here.
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Okay.
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The remember what the hedge hedge stands for higher high while the HL stands for higher lows can make
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a high high.
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Came down here.
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We hang on.
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Okay.
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Now the markets went up again to the upside and made a new higher high, which is higher than this previous
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high.
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Okay, Mitt and you, how high?
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Which is higher than the previous high.
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You came down again and amid a new high low, which is higher than the previous low.
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Then markets went up once again.
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Went to the upside again and made a new higher high, which is higher than the previous high.
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Okay.
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And also came back to reduce the previous high, high debt by for me, high value, which is higher
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than the previous low.
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Okay.
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So let's look for another example on another forex fee.
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Okay.
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Let's check GBP CHF again.
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We are on GBP CHF for our.
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I'm trying to show you an example of a well, I better tread.
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Okay.
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Final market here made a high high the upside many high high here.
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Came down and made a high low.
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He also went up again.
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Met her high, which is higher than the previous high like.
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The ha ha is hot on the previous high.
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The also came back again.
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To make a high value.
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Hello.
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Which is.
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Higher than the previous low.
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Hey, the market also made a move is swing to the upside, mid-stream to the upside, creating a new
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high, a high which is higher than the previous high.
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We also came down as a pull back to make a halo which is previous than these high, low here.
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Okay.
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You moved again.
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Had a swing to the outside once more.
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Made a high.
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Nice fingers and knees.
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How high?
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Here.
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And also meant a pullback to the downside of creating a high low, which is higher than the previous
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low.
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Okay.
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The US market.
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Also, many swing to the upside, creating a new high, a high that is higher than the previous high,
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and also came back as a pullback.
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To create another high value, which is higher than the previous low.
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Okay.
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So that is the how that is how the market moves in an optional market.
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Okay.
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That is how the market moves in an optional market.
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It always creates highs that is higher than the previous high and also creates lows.
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That is worse than the that is higher.
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That is higher than the previous low.
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You also create lows.
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That is higher than the previous low.
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Okay.
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So that is why it's called higher highs and lows.
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That is why it is called higher highs.
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And high values.
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Okay, so he's actually good that you guys are, Baratunde.
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Okay.
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Jot down things, just dumb things that you notice on the final shot because we've just done things
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where you said I read things down to make you understand and learn faster about the patterns in the
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markets.
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Okay.
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So that is it for this section, for this video.
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So I will see you the next video.
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Well, we're talking about labeling off a downtrend.
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Okay.
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So thank you guys for watching.
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Stay tuned.
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And we are going to bring another video to you soon.
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Okay.
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Thank you very much.
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Have a nice day.
11580
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