All language subtitles for TraderFXChibiuzin 803 - 7

in it. So it's time to do that
now. I hope you've taken a few

clear any wicks before that or
if it is looking good we can

with the stop loss just below
or just above the zone

depending whether you're buying
or selling and that basically

pointers from this video. Um
just another note as well the

to talk about how to actually
manage a position when you're

placement on the high time
frames. In the next video we're

stop loss placement is ever so
slightly different on the low

account for any market
efficiency that's going on here

about entries, stops, exits,
all of those things but we need

the key processes to stop loss
management and stop loss

time frames. So when you watch
through to that you may learn a

going to talk about managing
your positions. We've spoken

and if safe we can go with a
more aggressive style entry

you know hit a few more stop
losses for the chance to

can either opt for one and just
stick to that which obviously

primary ways to enter when we
are entering mid range we

testing and I'm sure you will
all work it out for yourselves

actually pull in larger profits
on the trades that are won. You

testing I'll help you do just
that but these are the two

reward or are you a trader who
has their psychology risk

you have to Choose here. Are
you a trader who is happy with

back testing is going to teach
you which we will talk about in

approach to take. At the end of
the day it all comes down to

using the education I've given
you and when we get to the back

a high win rate and slightly
smaller but still great risk

either want to go conservative
clear the low completely and

the next chapter or you could
be a bit conditional with it.

And work out in different
instances which is the best

worked perfectly. That's not to
say in every instance it's

area of interest. This small
imbalance demand zone. Why is

example into this area into
this area and that is where

trade works in a favor if the
answer is no and you've checked

control entirely under control
and they are happy to actually

the 15 minute and above and as
you can see it shot up and

higher win rates as opposed to
the more aggressive ones. So

market efficiency. We can see
here we came in and we formed

instance we are looking at
hourly trade. So let's shift it

stopped out by a stray wick
that may you know form this

could go ahead and use this
aggressive style approach which

these conservative approaches
are going to actually get you a

pricing before it is efficient.
Obviously this is the best

this wick as well for a nice
conservative trade 5. 8R. so

going to get wicks that push
through the zone but then

couple of equal lows then we
get a wick through taps into

I will let them both play out
and you can see how effective

any imbalance demand zones on
this same little leg of

losses maybe your psychology is
better may want to go with a

respect it. So the aggressive
take would look something like

we're buying from but also the
recent low and any wicks before

going to work perfectly.
Sometimes you are going to get

cleared the low of the zone
just about and we know that the

structure that are likely to
get wicked through before the

further. So in this instance
the aggressive entry would have

conservative stop is going to
consider not only the zone

the midpoint remember we spoke
about the midpoint entries on

both of these entries are so
the market comes in forms a

completed the target and
actually continued trading

kind of move and then push down
into some of the lower

to give you double the risk
reward if it works out and now

not retested. So by scaling in
first first we got a better

place to buy from but we need
to consider then okay are there

the efficiency of the market
prior to the entry then you

Now this is actually accounted
for right. We see that this

this which actually turns the
trade into around an 11. 5R and

higher risk reward and don't
mind actually taking a few

retested. So it does actually
make sense to pass stop loss

say we were targeting the high
you can see that that

target there and what we can do
from here is decide do we want

we can position our stocks.
It's clear that this is the

boundaries of the market
efficiency area here like for

that as well so for the
conservative stop I would look

absolutely destroys the risk
reward and a 1. 8 R-position

pricing here is efficient. So
if you're going to go with

that low. Then we had a first
breakup over this small

obviously is going to add more
risk to a position but is going

that's 5. 8 times risk if
triggered and that is going to

structure here. We pulled back
in retested demand pushed up

demand zone area here for a
potential buy. Now when we have

aggressive style entry which is
just going to clear the zone.

riskier than if we clear the
lows because sometimes we're

aggressive entries like this
you need to check that the

consider the actual new higher
low the best thing to do is

just underneath the zone.
Obviously it's going to be

to the 15 minute and then see
what the market is providing to

clear the low of the zone but
there's also a few other things

rolled back over retested
demand then this push up was

be a very happy trade to work
with. Now some people who like

entry we can actually look at
entering like this with our

an aggressive stop or a
conservative stop a

actually go to slightly lower
time frame. So for this

a trade like this where the
trade is being taken midway

demand zone was retested. We
see this demand zone was

towards this area just here
clearing this wick and clearing

that? Well if we look back to
the concept of structure and

us. Now there are few ways we
can actually enter a few ways

privilege of actually buying
there and we have to buy mid

bullish from this point
onwards. We are looking at this

different entry and we can run
through that together. So we're

reward still clearing the low
with their stop loss but let's

move that we want to take so
what we can do instead is

have to make you know like in
this example 36 pips before you

found a buy idea. We can see
the structure has broken to

trades in middle areas like
this there are few different

because at the end of the day
it's not a high probability bet

it is a logical trade and it is
a logical stop because we've

example if you were to get an
entry here you wouldn't want to

stop now some people actually
go with a really bad risk

looking at a different example
here on Euro GBP. Let's say we

to consider as well. So we're
going to talk about those. I'll

be clearing lows and clearing
highs so if you are entering

range we have to consider where
is the safe place to put our

and it's going to take way too
long to actually play out and

find a new example now of a
different trade with a

rules rules we should follow
obviously the primary one is to

through a range. So normally
the ideal entries are going to

that needs 51 pips just to make
under 2% is not going to be a

here you obviously don't
want to clear the whole low for

from a supply zone clear the
high of the zone and that is

stop loss this big because the
risk reward is going to be

be at the higher low down here
but because we don't have the

trade than take a trade with
ridiculous stop loss size

simply because you are trying
to push your load too much. The

you know for example three
winning trades at 5R than three

how you are going to position
your stops on the majority of

there are few different things
for us to talk about in the

even make 1% profit if you are
risking 1% trades like this in

sits within structure which
means we may enter here so how

loads if you just went for 5R
and had a slightly wider stop

from a zone clear the low of
the zone if you are entering

you are not going to get
stopped out as much as when you

my opinion are not worth it and
I would actually rather miss a

taken on USDAD the simple and
most effective way to actually

complete terrible even if the
trade works out you're going to

topic of stop loss placement
the biggest one is obviously to

want to on the risk reward side
is because it is better to take

going to run into way more
losses than you need to take

may work but most of the time
it's not going to and you're

the best areas to actually
position your stock to get the

losing trades at one R each but
you are going for 10 R okay. so

position your stop is to simply
put it beneath or above the

chances are you're going to
make more money anyway because

take we stay safely in. Some
people get caught up chasing

reason you need to be good with
your stop loss placement and

your trades. What we can see
from this trade that we've

get stopped out because of your
bad stop loss placement so

So now it's time to look at
stop loss placement. Where do

trades now sometimes we are
going to take a position that

you know a stop loss very close
within the zone. Sometimes this

rather than going for the 10R
and actually hitting stops

we could get a much better
entry so when you are entering

do you position your stop
because if you are entering

looking at this demand zone for
an entry here so what we would

do is put our order on or
obviously look for the

sure that unless the low gets
pushed through which would

best risk reward but also to
get the best profits out of

invalidate the trade and make
it a trade we don't want to

you need to sometimes give it a
little bit more room than may

risk reward and they end up
putting in an entry on and a

confirmation and then our stop
loss would go underneath that

supply or demand zone that
you're trading from. So we are

level and underneath that zone
sweeping out the load to make

we put stop losses on a high
time frame trades? And what are

few of the tips as well.