All language subtitles for TraderFXChibiunzin 601 - 6

chart patterns go on Google
images you're going to find

going to work but we use them
within our system to actually

those chart patterns because
most of the time they're not

liquidity is around those we
don't actually trade using

into trades to be triggered and
generally build confidence and

find the likely areas for price
to push through price to push

a better idea of where the
market is likely to go for our

and literally Google search
retail chart pattern or Forex

traders will be looking for and
then work out where the

things if you don't know about
them just head over to Google

find the setups in the live
markets and things that retail

pictures with all of these
things on and basically what

you need to do is then bring
that vision to the live markets

tops double bottoms triangle
patterns flags all of these

resistance trend lines trend
line breaks and retests double

being able to read and
understand the liquidity and

technicals when it comes down
to executing managing and

we don't use liquidity as a
leading indication for any

where the orders are and where
the market is likely to go. Not

the extra confidence that this
liquidity method brings by

of these basic retail patterns
are pointing to the downside so

likely to trade from and likely
to trade to. It helps us build

your confidence as well which
is equally as important as

have good results. It's going
to lead you to closed trades

see. Now, when I see this
movement happen which is a

so then what we can do is go
ahead put our order on as we

holding out trades to their
full potential so to recap

retail traders will see this
and think this is a picture

we see? We can see that we have
a triple top as we covered in

this area as well where these
orders are now being triggered

bottoms, look for double tops,
look for trend lines at trend

did using the demand zone which
was down here in the low and we

our trades. Now, confidence is
very very important in

comes into this. Now the first
thing to do when identifying

actually gives us more
confidence that the market is

support point for our selling
opportunities because we've now

build a better formulated trade
for you it's going to boost

a good indication that the
market actually may push

actually see is okay this trend
line liquidity this is triple

line break so what we could do
now is look towards this

textbook trade for a lot of
retail traders but what we can

these three lows that move up
so we could draw a trend line

liquidity is to actually just
get an eye for the market the

get a profitable trade
regardless of the fact that all

liquidity we are looking for
basic retail patterns support

top liquidity so we have
liquidity here we have

break and retest ranges and on
trend lines and now I think we

line breaks and retest all of
these different things. This is

should go and look at this in
real market environments and

basic retail concepts like
chart patterns and trend lines.

Obviously we are retail traders
but we are not using these

perfect setup we've had a
triple top followed by trend

through this and builds
confluence for our trade and

trend line break I see here a
trend line break trade and a

as if you are using those
concepts. So look for double

broken that support as well so
this is going to be like a

trades but we do use it to
identify areas that price is

on there and see what it is the
retail traders are expecting to

same way that a retail trader
would look at the market.

video about imbalances I'm now
going to show how the liquidity

the liquidity is is build that
vision and look at the markets

early and it leads to a lot of
psychological problems. Having

so I've just broken down
liquidity on double tops on

only does it improve your
technical skills and actually

triple top so for many this is
going to be an amazing setup

liquidity as you can see is
used to help formulate a setup

other thing is the trend line.
We can see here that we have

a stronger vision of the market
and also instills confidence in

going to come and fulfill the
zone that we want to see. The

the market. So on this USD
position then, well, what can

liquidity here under the trend
line and we have liquidity in

the previous video. So, seeing
a triple top like this to us is

successful trading. If you're
not confident, you're not going

to be trading well and
therefore, you're not going to

But what you need to do to
build a good picture of where

should be doing here but just
because there is an invisible

how much clarity that trade has
and how that trade fits the

if you remove the trend line it
becomes clear as day what we

going to help you build an eye
for where the liquidity is in

again with the concepts of
liquidity brought in you'll see

concept when really you should
just be following the structure

actually I'm going to refer
back to the Euro USD trade that

they're actually going
completely the wrong direction

buying pressure into the market
because we are exchanging

line drawn on the chart that
someone decided to plot on

to take running back to the
trade we showed in the previous

system so very well that it's
just a super super easy trade

we looked at in the previous
video because when you see it

they draw a lot of traders in
by teaching them this bad

sell orders going on here. So,
if we consider the shorts that

trend lines are a really really
bad thing in my opinion because

and selling into what should be
a very very clear buying area

where these people are selling
we are only just coming into a

going to give us an edge
because this is where the

of buying orders are collected
in this demand zone what that's

stop loss over the high,
sometimes the stop loss is

in trades like this is we trade
into the demand zone and a lot

so what we will have is a lot
of people selling this area to

into the market which is then
going to trigger more stop

we spoke about previously, when
we run a sell move, the stop

then going to do is push the
market up and when it pushes it

stop loss level, we will all
automatically buy back at a

going to be closer on breakout
trades but basically, we have a

are selling we will actually be
looking for buys and that is

basically selling pressure for
buying pressure so what happens

are on, we have sell orders
with stop losses, potentially a

through the retail traders sell
orders pushes it through their

losses that's going to drive
the market into a new high so

stop losses that's going to
inject more buying pressure

so by plotting a demand zone on
the chart here we can see that

trade trend lines even if you
don't trust double tops and

orders are at, okay? The orders
are sitting in here in an

loss okay now what happens when
we buy back that injects more

loss for the sell move is a
buyback. So, if price hits that

pictured in their head and
drawn on the chart if we focus

about it is literally an
imaginary line that someone's

indeed only just seen the
market come into an entry point

bring the market down we also
will have a lot of people

think the trend has shifted so
they think the market will

problem because when the trend
line is broken like this people

at all about the market
structure so where these guys

imbalanced demand zone in a
bullish trend and obviously

high probability buy zone why
is that because we are still in

is where a lot of people will
be looking to sell we have

lot of sellers actually looking
to get into the market. Now, as

selling this break thinking
this is a confirmation trade

little tools and figure the
demand zones out on the chart

a bullish trend higher high
higher high higher low higher

forming higher highs and higher
lows so if we just grab these

with all of that sell side
liquidity, there are loads of

but what we can clearly and
very very easily see is that

which is this line here and not
a trend line which if you think

on the real price we can see
that the market is still intact

high higher low and trend line
doesn't really tell us anything

we are still in an uptrend. So
the trend line is going to be a

retest this level and then sell
off problem here is we haven't

an uptrend. We have a second
break of structure here showing

mean a break of a trend. So if
we look at this disregarding

double bottoms most people
actually indicate trends using

trend lines. But as you'll
actually know when I go over it

and demand video a break of a
trend line does not actually

have the first break of
structure here showing we're in

even though the trend line has
broken and been retested which

broken structure whatsoever if
we focus on the price lines

bit like this. So now we're
looking at trend lines and this

now using what we learned in
the structure video and supply

the trend line we can actually
see two breaks of structure. We

and retest should not be
trusted and it's the same for

players can put on those large
orders which gives the real

the market all the way up here
and then all of the double top

adds a bunch of buying pressure
into the market which drives

is one of the biggest players
in liquidity. Loads of people

drive down in the market. So
double tops much like the break

sellers took out that liquidity
is freed up and institutional

through the neckline. All of
these traders are triggered

to sell a market, they need to
free up some orders. So, what

they can do here is so what
happens here is we get pushed

may think, oh I don't know
where this has happened, market

manipulation blah blah blah but
really what it's doing is going

manner as this, if
institutional participants want

double bottoms but obviously
flipped on its head a little

and collecting those orders.
So, once again, in the same

into sales then they are closed
out by a small push up that

something like this Now, this
can be very frustrating and you

who sold in the highs here and
it also is going to bring out

going to sell so what does that
do well that brings in once

resistance points like this
more often than not we're going

there's a resistance point here
which is stopping the market

waiting for a retest to sell
into so now we have a bunch of

is wait for this kind of
formation to happen and then we

or robots or anything like that
we can just piggyback on the

people in the market here we
have the instant sellers and we

have sellers all the way up
here and what is often going to

has real logic Behind it,
liquidity. So if this comes as

that the market pushes through
liquidity because we know that

this level here is strong the
market can't get past it I'm

okay or at least that's what
most people think they see okay

to get a push through the
resistance point and then a big

any retest traders that have
orders on at this level now

can sell it in this area now
there are few ways we do this

Nobody really knows how banks
trade except banks and to be

trader sees this formation they
are going to sell the market

we can do is generally just
look to follow that regardless

of all let's take a look at
these other two so the second

okay so we've seen one high you
know support another high and

they say trade like the banks
or they trade like a bank.

will show you this on a live
example in a moment but first

of how they're actually trading
in terms of technical analysis

this is what I do, okay? I
don't agree with people when

concepts you know are the
opposite of what you should be

concept of liquidity. So if we
know that there are a bunch of

participants and people who hop
on the back of the

intervals but to really get all
of the position on they're

doing and where you're looking
to buy is where institutional

retail traders but what often
happens instead of that clear

institutional participants need
to get large orders on so what

then a break of that support
and what this shows us is that

regardless of how they trade we
know that this happens we know

funds most large institutional
firms but the thing is

honest they most likely just
use algorithms like most hedge

retest and then another move up
okay so what we can actually do

happen in the market is we come
through the high we stop out

example here is a double top
now most of the time when a

happen from this point in a
double top formation is

this buy side liquidity to open
all of these stops, all of

these buys and all of these
buys to actually allow them to

a shock, that's understandable.
Basically finding out that the

loss is essentially a buyback
price. We sell the market here.

short order on a sell order,
they need to clear up all of

sell off not a push through the
resistance point and then a

institutional participants are
actually looking to sell. Now

and you may have seen this
happen before and you may see

point. If an institutional
player wants to drop a large

buy orders sitting here and
there are a bunch of buy orders

liquidity to actually allow the
size of their position. If they

drive that retail traders want
to see is a collapse like so

now as well as this we are also
going to have breakout traders

losses are going to be above
the high because this is just

back of the movements and we
understand that when we get

again the breakout trade is
here it also brings in anyone

going to need to free up a lot
of liquidity so what will often

may make some money we're also
going to get sellers the next

shorts because if you think
about a sell trade the stop

sitting here and there are also
a bunch of buy orders on these

want to sell, you know, 00
million they can do it in

rebought at a loss. So we have
a bunch of buy orders in this

those sellers we enter the
breakout traders we enter the

get their short order on, okay?
They need to draw in a lot of

If the market hits this level,
the orders are automatically

time the resistance is tapped
and what this means is the stop

these levels. Now the problem
is these retail traders

liquidity areas. So if we go
back to these and focus on what

methods that we're looking at
here, what can we think about

new break of trend so we're
going to get sellers here they

However if you want to sell $1
billion dollars you have to

traders holding short positions
like so okay and I'll be

essentially get tricked because
they don't understand this

orders. What this means is the
market has to move to areas

some breakout traders will use
what we call buy stops which is

basic retail education this is
something we all know is true

thousand dollars if you're
trading the Forex markets.

moves over a certain level and
the other traders will be

continually being met. We know
for a fact are going to be sell

an order that directly triggers
you into the market when price

it comes in line with supply
and demand and inefficiency I

when we hit this point, we can
see a resistance point

looking to you know wait for
the new breakout wait for the

support with a stop under the
low or sell resistance with a

the retail concepts? Well, most
education teaches us to buy

we spoke about with the retail
methods, the basic retail

it as a fake out or a false
breakout but really all of this

going to be someone on the
other side of that one hundred

know hundred thousand dollars
into a market. There's always

world they can normally cover
that no problem But when you're

liquidity and to enter a trade
you need someone on the other

looking for a break and retest
so they will be entering around

institutional orders to be
triggered. They need a lot of

that orders are sitting within
and these areas are the

stop under the low. So let's
say then the first example,

or even in the hundreds of
millions of dollars orders

market works we are selling and
buying currency contracts or

side of it so if you enter a
buy there is always a seller

orders are much much bigger
than retail orders. And for

talking billion dollar orders
or multi-billion dollar orders

enter your whole position. So
let's say you want to sell you

institutional. I am not a
believer or at least I'm not an

the other side of the trade so
when you win someone else loses

retail traders to actually
provide the liquidity or

provide the orders okay so
basically the market moves on

advocate for this whole game
where the institutional traders

two types of participants. We
have retail and we have

some people lose on each
transaction so as you can

really a big believer in that
because there's absolutely no

you know trick retail traders
and deceive them. Um I am not

of assets with millions of
other retail traders around the

start with. But let me break it
down. So in the market we have

and when you lose someone else
is winning that is how the

imagine if a retail trader
wants to sell a certain amount

find one billion dollars worth
of buyers to take on those

assets to each other and you
know some people profit and

evidence towards that. But I do
know that the institutional

patterns like double tops trend
lines, range breakouts and

you're going to need a lot of
orders available to actually

traders out and most of the
time a trend line break does

been trying to learn through
this perspective using chart

expecting it to move all the
way down to form a new trend.

not actually signify any change
in the real trend. That may be

retests to actually trade. It
can be a shock to find out that

market tests that trend line,
they sell into the market

are like trying to take retail
traders out and are trying to

have marked on is a trend line
retest and then a trend line

neckline. So sell orders are
going to be triggered there to

a shock if you are into these
retail concepts and if you've

we break this level which
retail traders know as a

the time a double top is
completely going to wipe

market and most traders are
actually looking to sell once

retest of the resistance turn
support and buy from there. The

we are not going to get a clean
break retest like this. Most of

for a trend line to be broken
like so and then when the

second one is a double top. We
get two equal highs in the

continue the market down. The
third and final diagram that we

they're all pretty useless and
you may not even believe it to

you to have a think about what
you see when you look at each

The problem is all of these
rarely work. Most of the time

of these. Most traders, most
new traders and most retail

What I have marked on the chart
to start this session off are

If you are new to trading or
you are new to Smart Mini

look to trade the range
breakout by waiting for a

break. To trade a trend line
break, traders generally look

three different examples of
basic retail patterns. I want

opener for you. What we're
talking about now is liquidity.

traders are going to see here a
range breakout and they would

Concepts in general, this
episode is going to be an eye

own personal trades