All language subtitles for 3 Trading The M15 Soft4fx Backtest - انگلیسی (ایجادشده به_صورت خودکار)

alrighty so today we're gonna do essentially a back testing exercise um

on euro dollar uh for the month of september 2021 and we're not going to go

any lower than the m15 okay so essentially kind of the main goal was a

couple main goals for this exercise on this lesson

one is obviously just to kind of you know practice of how we put all of the

concepts together uh to combine it into you know what essentially makes up the

strategy as a whole um so we're gonna do this full chart walkthrough uh for the

month of september um and just really see you know how we

apply uh the concepts to the chart but the other kind of main thing i i i want

for you guys to hopefully get from this is that literally just training one pair

alone so just you're a dollar going no lower than the m15 uh and just in one

month uh hopefully i'm gonna be able to show

you kind of the insane insane amount of opportunity uh and potential that there

is um you know even just within those parameters so

yeah we're just going to hop on and play through this so some of you may

be familiar with the software already some of you won't uh essentially it's

just um a software that allows you to back test

uh with bar replay on mt4 i'll link it below in the description below but i

believe i did talk about this in the testing module as well

um but yeah so only downside to this really compared to

training view is that we can't you know do some nice clear analysis in terms of

drawing nice lines and boxes and all the templates and stuff analyzing on mt4 is

extremely clunky it's horrible um so i'm going to do my best to kind of

go through this nice and slowly a little slower than what i would if i was just

back testing for myself just so you guys can obviously try and follow along as

clearly as possible and you don't get too lost because i'm

not going to be able to kind of perfectly draw on every bit of structure

like we would on training view um so sometimes it can get a little bit messy

but i'm going to do my best to kind of go through it uh nice and slowly so yeah

like i said we're going gonna do september

the whole month of september so this might be a bit of a long video but

hopefully you guys will take a fair amount of value from it um i'll probably

go quite slow at the start and then if it starts to drag on a bit i'll probably

speed things up uh just for the sake of time but yeah hopefully you guys can um

yeah take some money from that last thing i'll say is kind of i get a lot of

questions about you know

you know people saying they want to trade the hard time frames whether that

be because they have a job or they just prefer the kind of more slower and

hands-off approach etc etc and they ask me you know how should they trade it

what should their trade plan be well you know the simple answer also the

correct answer is it's exactly the same the concepts are universal they

literally apply to any time frame you want you know you could trade the three

day the two and a half hour and the 33 minute if you wanted to

would necessarily recommend it but you know in theory it's all the same right

price has no time time there's no price it's just orders going through the

market right and we're just making sense of that order flow by using japanese

candlestick charts all right so we bring a method to the madness by kind of

picking those three time frames our higher time frame our medium time frame

and our lower time frame right which for me is generally the four hour the m15

and the m1 but in this case we we're replacing the 4r the m15 and the m1 with

the daily the hour and the m15 okay so the daily becomes our time frame

the four hour becomes your medium time frame right so we're using the daily and

the four hour for our pois and for our structure and then we're pretty much

just using the m15 for lower time frame execution right so we're not paying a

massive attention to structure in that time frame but more so kind of how we

can trade uh you know from from each four hour poi

to the next four or four hour poi um now what you'll see is i'm gonna be

you know reasonably aggressive here and you'll see that you know you don't only

have to enter positions when price is in your higher time frame poi so when

prices in a four-hour poi or above right you don't have to stick to those now if

you choose to only trade there your strike quote will most likely be higher

right if you want that higher strike rate and you'll have to set your hands a

little bit more um and you can still make an incredible return but i am going

to be a little bit more aggressive just to show you kind of when when i will and

when i wouldn't sort of you know chase i don't say chase but trade the m15 so i

lower time frame execution time frame when i will trade that kind of further

in the leg you know when it isn't in a four-hour ply but we're essentially just

trading towards the next four-hour poi okay so

yeah i kind of wanted to make that clear that the trade plan is literally the

exact same um you just have different time frames right so this is the m15

this is my lower timeframe execution time frame this is the four hour so this

is my medium time frame uh well yeah my medium time frame and we're looking for

pois and kind of mapping my structure and then we have our daily which is

again is the higher time frame we'll be looking for structure and poise too okay

now the only other thing i'll add that kind of is a big difference between

sort of you know trading this way going low no lower than the m15 uh compared to

kind of you know if you trade sort of my way with m1 entries is that session

timing is nowhere near as important so if you execute on a time frame sort of

below the m15 i would say sort of more like you know the m10 or the m5 then

session timing does start to become a lot more important ie training during

london and new york when volume is high but with the m15 you can get away with

it a little bit more uh with executing during the asian session but

we'll get into that as we go kind of want to just jump into it now before i

ramble on any longer because yeah this will take a fair amount of time probably

to get through so before we kind of start to you know look for positions

let's do um some analysis of the higher time frame so let's take a look at the

daily chart all right unfortunately i can't draw an

mt4 as far as i'm aware but essentially you can see right we took out this high

low here where my mouse is we broke structure to the downside right we had

to swing low lower high uh we've had a swing low to the downside it's arguable

right whether this high was a swing high or not but we can see with the benefit

of hindsight and when price broke it um you know it continues to the downside so

that wasn't really true swing structure right if we can use a little bit of

discretion here that we can view this movement i'm tracking my mouse as one

push down then we've had a pull back up here right and then we've had another

movement to the downside so again that's quite a sizeable pullback um and we have

now broken and closed above this high so this is kind of where in fact let's

measure it right um

so from the low to the high that's yeah over 90 pips right it's just over 100

pips so if you are 100 mechanical and strict um kind of with the rule that i

recommend in the course with the daily chart on euro dollar i would typically

say that if something is more than 90 pips then that is swing structure okay

but me personally i like to use a little bit of discretion on the daily chart and

higher right um but in this case let's just be strict

and say you know potentially the daily chart is bullish but i'd be very aware

that overall we're quite bearish and we're coming up in towards this daily um

sort of supply area up here right if we were to draw a box in it um

right and what else do we notice is that this

swept the high behind there right um so essentially we have a sweep zone i hate

the analysis on mt4 but you get the idea right

so that's a pretty decent area where i'd definitely be looking we we could see

you know a decent pullback or potentially a reversal from that level

but until we get there um yeah i think we can look to continue for longs

especially after we've broken this high now up in towards this daily supply

supply level and then we can reassess how the four-hour and the 15 start to

shape up around there so that's the daily chart kind of minimize that for

now and let's take a look at the four hour

chart so what i'm actually going to do

is just see how where that overlays with the four-hour

chart so we click that should appear okay so yeah so that's where we know

roughly we need to start potentially being aware that before our chart may

pull back or reverse from this area okay so

for our chart we can see we were bearish and then we

have clearly switched bullish okay so we've taken out let's zoom in a little

bit all right we've taken out this was a

sizeable pullback okay so that is our swing breaker structure

uh and then let's measure these oops wrong button still getting a bit

used to this all right there we go so that's over 40

pips was that 40 pips

uh it's a bit tight but either way we just want to get to where we are on the

current price action so i would say that is definitely a swing breaker structure

and then is this uh 40 pips

no okay so this would be my current uh swing low on the four-hour chart i

believe it's a little bit harder to analyze on training view but

i'm pretty comfortable with that okay so we've pulled back into this area of

demand right clearly broke these highs we're pulling back from this area of

supply over here so old areas of supply become what they become reaction points

for pullbacks okay so we're currently coming into

this um uh four hour demand zone here now be a

bit cautious of the marzo's like this why one because it has a clean push you

see how it's a straight movement up so there's no structural liquidity zooming

a little bit um in the in the uh

in in the leg right so essentially what that can mean is this b can become

inducement for itself for lower prices also it didn't sweep any liquidity right

this low here didn't sweep a price structure low um so i'd be pretty

cautious of that and i actually quite like

the zone below so what i would do is i would keep an eye on both right we've

already mitigated this level anyway but i much prefer

this level down here and the reason why like i said is because this can be

structural inducement for this wick zone here and also what is it it's a sweep

zone right because it swept the liquidity uh below those lows there so

um yeah but we have to be mindful right

this is our swing low price could come all the way down to towards this wick

two okay let's make sure this appears onto

our m15 chart so if we look at the m15 uh price has

uh broken sort of structures to downside and we are now pulling back in towards

our for our poi we've had a bit of a reaction from these levels here let's

zoom in a little bit and see if we can see anything a little bit more clearly

uh there's nothing really standing out to

me um

kind of spike through that zone that's failed and we've come off the decision

decisional down here all right we have had a bullish change

of character to the upside um

but yeah it's not looking too strong to check because you see how impulsive this

movement is now we've had a corrective pullback so i've been a lot more

interested in trading from i just refine the zone down into this extreme candle

down here right so you can see what i've now done

is this m15 candle that i'm desperately trying to draw this box around it's so

clunky on a t4 is essentially our refined m15 zone within our four hour

poi our four hour poi is a sweep zone it has structural inducement um so straight

away right this becomes an area in which i'd be more than happy to set a risk

entry on a case so that's what we're gonna do actually is

we are gonna right so you have a few options when you set entries um

especially risk entries as well is you kind of set it on the distance on

the edge of the zone excuse me you can set it on the eq so

the 50 level um or of course you could use a fixed stop loss for this video

what i'm going to do is i'm going to do a 25 rule so essentially what this is

it's a fibonacci tool that has the 0.25 and 0.75 selected and essentially what

i'll do is if it's a long i'll enter on the top 25 percent and obviously if it's

a short right i'd enter on uh the bottom 25 percent um okay so

how the way i'm gonna do this right is stop just below the low and then i'm

gonna have our entry on the 25 level there okay and i would be more than

happy uh with that so now we have our buy

limit set okay so again quick recap of the hard time frames four hour clearly

bullish we're looking to trade up and towards this daily extreme supply zone

we've come back down into this decisional however it's got a straight

push there's no structural liquidity in the leg and we have a nice sweep zone

below that so kind of you know yeah it's a pretty decent zone there with

inducement in front of it and we have our nice m15 uh poi nested within that

four hour zone and we've now set a buy limit on there however we are rejecting

demand from here and we have had a bullish change of character however it's

very very corrective impulsive down i'm not really liking the look of that just

yet and we are literally in you know bang on the start of the asian session

so i'm gonna play price forward a little bit and see how we get on here on the

m15 okay it's looking like we're gonna okay

we've just taken that low um

yeah okay just seeing if we're gonna come into

anything down here let's at least wait for a bullish change

of character we don't get that just yet okay

so we've had a pretty aggressive movement

away from our four hour zone you can see it's just tapped into our four hours

only zoom in a little bit um all right so we've had aggressive

move away into our demand zone we've had a bullish change of character uh on the

m15 then we've shot up so have we mitigated anything of note we've come

into this level down here right this wick zone so that does make sense we are

mitigating something right that was kind of the last mitigation there as well we

see so this is what i mean right a lot of the times i'm not going to have every

single poi drawn on my charts because it's just unnecessary but when price

reacts aggressively to something i'm going to look left and i'm going to

start to build a story right does this make sense yes we have a series of

mitigations we've swept a low coming into our zone we've had a bullish change

of character it's also backed up by the four-hour poi and we've had an

aggressive move away now okay so i'm gonna leave my order on the

extreme just because i like that level um however you know that's a pretty

decent move let's see what happens with the next candle

yeah okay i'm gonna set an entry order on this okay so if we

get our fibonacci level right from the high to the low

okay and then we can set a pi limit on that

uh okay so on 25 now you can cover that below there but i'm a little bit

cautious of the wick so yeah let's give that

just below it's only about 5.1 pip pip stop

uh so yeah we'll set that there now in terms of trade management i don't

think i spoke about this already but essentially my plan with this is i'm

going to use a little bit of discretion with it i'm not going to be super

mechanical uh kind of the main reason for that is it's a little bit harder on

this software to kind of i can't set multiple tps like i work with with

partials when i use my trade assistant on mt4 for my live trading so

um it's gonna be a little bit more difficult to kind of set that you know

you're selling essentially 25 or 4r and whatnot so i'm going to use essentially

discretion here but obviously with logic we're going to target weak structure

we're going to look at the nearest spawn demand zones etcetera

and we'll do it that way and hopefully you guys learned something from that so

right again to recap this i'm going to leave this extremely older

on just in case that does get hit we get stopped out here it's quite a straight

push um but i do like it swept the liquidity behind that low um so yeah i'm

looking the entry so far but in terms of the higher time frames right uh we are

bullish we pulled back into that decisional which we've now swept and

we've come down into kind of um it's not the extreme because the extreme the

foreign leg for me would be down here but this is a sweep zone right swept the

liquidity behind those loads led to a break of structure it's got this

inducement in front of it we've now tapped into it we look left doesn't make

sense yes there's a series of mitigations here on the m15 we've had an

aggressive move away we had a bullish change of character we also took out

multiple levels of supply right this supply level failed this supply level

failed so that's a pretty good indication a lot of momentum what i also

like about this is the session timing right um 7 30 so around frankfurt open

london's technically eight but still the landing session more than happy to look

for trade entries around here so let's see if we get tagged in okay it's quite

a big spike we are now within the trader case you can see this first or second

order here we've been tagged in uh and then let's see how this goes and see if

we can break that high okay all right i'm gonna cancel this order

down the bottom now by limit okay

so because we're trading pro uh for and pro daily trend um i'll give

you the pro daily trend it's a bit you know a

bit of a debate whether or not look at the daily again

you know whether or not this is a swing high or not but it's a pretty decent

break of structure so definitely targeting up and towards this daily

supply level here um so yeah let's minimize that and keep the for our so at

a minimum really we should be looking to target this for our high and if we can

see we can get a break of structure but we have to be aware that this is the

decision all right so what can often happen with decisionals is you can get a

reaction from here for price to push up and then come down lower in towards the

extreme and then that's when you can see the move okay so we do have to be

aware of that um we have some supply zones up here as

well but technically this should be a week for our high that we can now look

to target so let's press forward a little bit more and see how this goes we

can start to think about scaling in so if i wasn't in a position already i'd

probably be looking um and getting in on this level here but it's quite near to

my entry so i'm not going to be too aggressive

i'm kind of coming into the supply level here now

uh we do have this sweep zone here it's quite an aggressive scaling to be

honest um you know it hasn't really done anything

it's broken this high here you could chase it a little bit but it's

a little bit aggressive for me and we're coming into high impact news so we have

the news down here we have um adp nfp essentially non-farm employment

that's usually the day before the true nfp so we might see a decent reaction

from that but it's not really something i want to trade through okay we've

brought into that wick now okay news has shot that forward

uh see if we can clear this four hour high now

okay looking like we've cleared that high so i'm going to take some partials

on this trade okay let's close uh 50 of that trade

as it is pro trend i do think we can get up towards that daily supply zone so

we'll close 50 of that trade okay

uh right so let's zoom out where are we now

we've had a break of four hour structure we haven't closed above it just yet um

but we're coming well we already had a

mitigation from the supplies on here that's reacted it's fair to put it alone

we pushed up now comes this daily supply zone but

there's not really anything clear on the four-hour chart we've got this big wick

but it's all pretty messy um let's play this forward a little bit

more we do have this m15 flip zone here um but it's quite hard and leg not

something i'm in love with it but you see how it reacted to the supplies and

it's pushed up so you could look for potential scalings there uh let's play

this forward a little bit okay yeah that would have worked out

nicely uh we've pushed up higher now we are coming to daily supply but

that wouldn't really put me off until really we start to kind of break down uh

at least on the lower time frames um we could potentially look in for a scaling

so because we're getting so much momentum here right uh this is where i'd

be more than happy to kind of uh again i don't hesitate to use the

word chase but we can follow price especially with this momentum going to

the upside this was the last mitigation um so yeah let's put an order on that

let's see by limit

so it looks quite big um 25 on

cool double check our time frames are all good we spiked up above this for our

zone now so let's see if we can get in a little bit higher

uh except that and then okay let's pay us forward we are coming towards the end

of the london session so it's not ideal now

uh okay we haven't made a higher high just

yet on the m15 so this is the last sort of m15

hello okay that would be tagged us in now coming through the asian session

spread out which isn't ideal so probably in reality i would have pulled that

order until spread hours had calmed down but we didn't get spiked out fortunately

so it's kind of oh it looks like we're gonna get stopped out place forward to

the london session hopefully the volume will take us in okay so still in the

trade okay so london sessions kind of picking

up uh where are we on the four-hour chart

there's just nothing clean there at all in terms of supply so i've been waiting

for at least the m15 to start to break down before i be really thinking about

shorts just yet uh these are weak highs right they fail to

make a low that looks like that liquidity is just going to get smashed

wouldn't really want to be training short from here i mean you could take a

hedge from that but yeah not for me because that low right hasn't even taken

up this low here so these loads have done nothing nice equal highs right that

to me just looks like it wants to get smashed now

we haven't got the best entry right because it's quite a wide entry but if i

was looking at this now if i wasn't already in it what i like about this is

right we've pulled back we've mitigated this poi and i've essentially broken

this internal structure to the upside um come into the

london session i'll probably be looking at setting an order on this low but

obviously we're already in a trade that we haven't uh removed any risk from so

um i'll be leaving that there let's play this forward a little bit and see us

develops

we can take out these highs and i'll partial some profits pretty heavy as

well as we're coming into that daily supply zone now okay so look looking

like that zone is holding um which obviously can happen

so you can trade from these but i'd be more something i'd be looking to trade

and then one entry from not necessarily an m15 entry from because you're

training from that weak high um so really i think this will just be a

reaction to provide liquidity right basically a more significant double top

for us than target so for me the risk to reward isn't really there with the m15

yet because we haven't even had a change of character right we haven't taken out

the most recent internal low um so yeah that wouldn't really be as short for me

that i'd want to take it from australian 15.

just waiting for these highs to go okay the higher has gone now so i'm going to

take some heavy partials on this trade because it's it's still pro trend but

we're kind of coming into that daily level let's take off a bit more on this

one because we are higher up in the leg could take off eighty percent

okay so we're pushing up higher now um

let's zoom out a little on the four hour so keep an eye on that

okay we're going to take some more partials as well from our previous entry

down here we'll just close

uh 50 of what we've got left cool okay so let's place one more candle

see if we can get a good closure above there right so let's look for potential

more scalings right we have this last candle here

so let's draw that on essentially what was happened right is we pulled back in

and we didn't quite hit this cell to buy that we were looking at all right but

remember it doesn't always have to hit the refine pivot essentially it's hit

you know that would be like a 30 minute sell to buy right and that what that

means is when price that moves away it doesn't hit your poi you can then adjust

this to the range understand what's going on right it's mitigating this

level we've then broken stretch to the upside so this then becomes our last

mitigation right swept the lows behind here right so that's a pretty nice sweep

zone again we are trading against the steady

supplies level but it's a massive level i'm more than happy to keep looking for

aggressive entries with just in this case right

of course you don't have to do this if it doesn't meet kind of your style so

let's chuck on a fib tool on this poi right i'm just going to keep

scaling in until structure starts to break to the downside right the trend is

your friend um until it ends or whatever the

phrases so stop us behind the low it's quite looks like it's gonna be quite big

eight point five pips yeah okay oh no we'll just we'll keep being mechanical

we'll keep doing that rule i was gonna go to the eq just to kind of increase

the rr there a little bit but let's see what happens okay doesn't look

like it wants to come back um

[Music] just trying to work out

what i want to do here i'm going to delete this daily level

just because so we can actually see price action

um i'm aware of it but

yeah maybe come up into this four hour wick here see how we go

we zoom in we've also got some for our poi that have been created right yeah

you can see this move here right we pulled back down

we've come up so we do have a four-hour poi here

uh that we have to be wary of that we can potentially look for longs if price

was to come down and obviously we have these pois down here as well but we can

draw those on even when the price comes back to it so

yeah potentially you could look for a long from here continuation scaling but

i'm a bit hesitant obviously we're getting quite a higher for the leg now

we are in that delhi supply zone this is a clean push right there's no inducement

in the leg it didn't really sweep any liquidity right it's taking the low

behind this candle but you know it's arguable is that an m15

sweep or that's more like that would be a sweeping m5 of the m1 right it's not

really structural liquidity uh on this time frame that's something i'm still

really kind of trying to actually figure out in my own trading at the moment

collecting a bit more data on that whether or not i would classify this as

a sweep it's something that i used to call a sweep right because i viewed that

there would be liquidity behind this wick the prices then come down and swept

but it's not as ideal it's kind of hard because i can't draw an mt4 but

essentially you want to see if you follow my mouse right i'm moving up

a clear pullback then i'm moving up and then a break of that low right because

it's a clear structural low whereas this for me isn't um so i'm not going to

classify that as a uh a

sweep from now let's see if that holds

okay price is pushing a little bit higher and we continued to the upside

okay so it's looking pretty good

um you know potentially we could look again at scaling in didn't quite come

into that level this would be our level here

it's gonna delete this box cool so

what's the session timing we're coming towards the end of the day yes we're

looking for any entries around spread hours let's pose forward a little bit

okay we're pushing up higher now zoom out in the four-hour chart have we come

up to those highs yet

not just yet so what i'm gonna do is i'm gonna essentially wait for the m15 to

have a bearish change of character and i'm going to start to look to manage

these positions a lot more aggressively because we are getting high up in that

leg now into those extreme supply zones through the asian session

let's see if we take this low here i'm going to get out

do we spike that low so look not yet

okay we've taken out that low um what i'm gonna do is just

because we've had now that bearish change of character let's close

um

how much we haven't even got four that's four let's left let's just uh let's just

close it all get out of that and then we'll get out

of this um we'll cancel that buy limit just because we're getting pretty high

now probably could have left it on a little bit longer um we've got high

impact news as well what's that uh yeah nfp so this is a big news that's

definitely not going to be holding uh positions into that

so let's zoom in a little bit i show the m15

uh get rid of this cool

so what's happened in a hard time frames

we're coming up into this extreme supply level we're obviously still extremely

bullish uh the m15 has had a bearish change of

character um but it's looking pretty messy don't

want to look for any lungs don't look for any shorts and we've got nfp coming

up okay if we didn't have nfp i'd probably

look at this zone here why because essentially we have

all right that supply there that swept the the

high behind here and we're in four hour and daily supply the four hour supply is

not clean because it's essentially this big wick

here but that wick what did it do it swept the liquidity

behind these highs here right and then it led to this large move

here that break of structure so essentially the poi i'm referring to

right it's essentially that deadly zone as well as that big wick there

i'm just going to delete it because it's messy and big but essentially i'm aware

of it okay um so yeah and therefore is still clearly

bullish i don't really want to be shorting against that just yet and we've

got nfp so let's play nfp out and see how we go it's a bit slow let's

plus place forward okay boomer yeah we would have got

absolutely smashed if we hadn't done that uh with a fair bit of slippage as

well okay so the four hours continuing to be bullish um

we do have another poi now here as well so we can draw that on

um just make sure that's not selected when

i click clone okay so this is our for our poi here so

let's pose forward into next week so essentially what we've got

right it's friday it's new york we've had nfp we've had a big move so whenever

that happens i'm done for the weekend right go and enjoy your life we'll work

on other things come back to the charts on monday so let's play this forward

until monday and see where we are at okay so

doing my analysis for the week ahead uh we know we're in that daily and for our

supply zone i would be very aware now that we're probably going to have a four

hour pullback at least um but potentially we could see you know before

our bearish trend change because we are in remember

let's have a look that's the daily right so it's minimizer for our chart

we are within this daily zone now and actually let's have a look what's

happened all right we just spiked that daily high

so we've had that external range liquidity swept now um so yeah i

probably expect a decent move and we can start to look back down and towards this

daily flip zone around here right this reacted to this supply so i think that

would be some pretty decent targets to look for that daily pullback uh into

that low but i'm also cautious of right if we look at the trend we've had a

swing low swing high we've had a movement down

right that was just a grab liquidity behind his eyes and then we continue to

the downside so there's every possibility this could also be right a

sweep of liquidity but it's not super clear because that is a decent bit of

structure right that looks like a quiz a reasonably clear swing to me um so yeah

i would be a bit unsure whether or not kind of we're going to see just

essentially a daily pullback from this sweep i'll pull back maybe into around

this decisional supply zone this flip zone and then we'd form a high low and

continue or whether um you know we might see what we saw

over here and continue down to the low so if i'm unclear right look at the

four-hour chart what's the four-hour shot saying to us does that clear things

up for us a little bit well we're clearly bullish on the four-hour chart

we're coming into that extreme supply you can see with this big spike we've

swept liquidity behind these highs here um so until the four hour switch is

bearish i'm going to continue having that long bias but that doesn't mean

that we can't look to play the pullback so where is my current swing low well if

we look at this level here this was

over it's just a 50 pit pool bright right so that's over 40 pips how big was

this that's only 22 pips right so this would

be my last spin low here okay so let's draw that on and then we know if we take

out this low that would be the four hour switching bearish okay

um we haven't had a bearish change of character so this is the last internal

pullback on the four-hour chart so i need to see this low get wicked for that

for our chuck and then what can we expect if we have a four-hour change of

character we can expect that for our pullback and then we have a few demand

zones to look at so we have this level here right where we can look for

potential high low okay um and then we also have this level

down here right starting to get a little bit messy but fortunately that's just

what we have to work with with mt4 okay so then

we have this level as well so yeah essentially what we're looking

for is to see if we can break the slow on the four-hour chart that will give us

a four-hour chalk then we can look for pullbacks down in towards the swing low

so when price is like this right it's training between a big m15 high and m15

low it's messy i'm just going to sit on my hands and wait for either the low or

the higher to go and then we can reassess

all right where price is that hasn't quite gone yet

i'm not interested in any of this okay now we've broken out so let's delete

this zone here clear things up a little bit

okay so we're taking out this low m15 has now obviously switched bearish we

have this large 4-hour poi i'm going to delete it just because i

want to kind of tidy that up on m15 because it's such a large zone

[Music]

okay so now we've had our for our chalk okay so now

we have a four hour poi to work with so that's getting a little bit clearer

all right we have this biter cell here okay so that instantly becomes an area

which i'm now interested in to look for shorts to play a potential pullback but

i have to be aware there is some you know very minor demand down here so on

the m15 if we make that appear in m15 let's see if we can find

any zones within here so let's paint the story a

little bit this is our for our poi if we look at the m15 price section right we

had a mitigation here from this buy to sell

okay so then i would be looking at this

candle within here right and we can look for

see this and that the way this these rectangles draw it's really

annoying because it doesn't it's not clear at all

compared to so what i'm going to do is i'm just going to refine

this zone if i can do it

to

this m15 buy to sell within the four hour poi

and then hopefully update that on there as well cool okay

um but we also have this level here i'd be

happy to hit that right we're training down with a lot of momentum

what i like about this as well is it swept liquidity behind these highs here

all right so we came down and come up and swept

that liquidity we've mitigated this previous buy to cell range here right

this buy to sell we've come up and hit that and then we come down with a hell

of a lot of momentum so also session time we're coming to london session yeah

i'll be happy to whack a cell limit on there

all right let's measure the 25 75 rule

okay see how we get on with that

gonna be quite aggressive here because the training at the top of the move

there's plenty of wrist reward for this to pull back so yeah let's see how we

get on start the landing session we have a sweep zone playing a simple

continuation um but yeah obviously aware that price could come up higher up

towards that for our bike to sell but it does not have to

so okay we're pushing down um i don't really want to chase price

just yeah this could become inducement for above

see maybe we'll miss it okay leave this order on then

come into new york ah just missed us

see we haven't broken the low yet so this could just be inducement so i'll

leave it on let's drag this across a little bit

all right we still could get tagged in here let's see

it's not ideal though it's kind of getting into later the day london's

closing yeah london's closed now where is spread hours

kind of don't really want to trade through spread hours so we don't get

yeah i'm going to pull the order we can reset it after 10 p.m gmt so you see how

the current price is here but the red line has jumped up that's the ask price

right so that's the spreads blowing out so don't want to be trade triggered into

any trades during this time until the spreads narrow um because you can get in

so at least wait til 11 o'clock okay

yeah no i don't train during the asia session but screw it let's put it on

let's trade this now back to where it was 25 stop behind the

high right so again remember we're trying to

trade this for our pullback um this is a sweep zone mitigated this buy to sell

it's got plenty of inducement below it all right so let's drag it across so you

guys can see what i'm actually training

okay we're in the trade um we're straight out

okay cool not to worry what's this happen we've still got this

level up above in fact i'm definitely going to set a limit on this one and

this is what i was trying to say at the start right if you want to have the

highest strike rate possible right you want to be trading

from um m15

is nested within those four apis right because that's going to give you the

highest probability right but i was happy to be aggressive in this case and

kind of follow price action as it was going because it does not have to pull

back or even you know we could get a tradable

reaction from here get you know five or six r and then take our profits and then

let price pull back and then we can look to get short hair okay so this is quite

a small zone so i don't particularly i mean how many there's less than three

pips right i don't really want to refine it anymore

than that uh i'm a bit wary of these equal highs

here but you know remember my personal view and liquidity is react to it rather

than necessarily anticipate it's going to be swept because liquidity is

everywhere in the market um you know if you're always scared of

it then you're going to find yourself missing a lot of trades i'm gonna try

and do my best to keep these tools deleted actually so we can try and keep

the charts nice and clear so again we've had a four-hour bearish change of

character we know we're coming off the extreme four-hour and daily supply to

the left we swept that daily swing high as well um so there's potential we're

going to get that pullback now right we're putting it back up into this four

hour buy to sell uh we've got an entry on a refined m15 supply zone within the

four hour buy to sell right that's where the last mitigation was um but it's not

ideal right there's really perfect equals there so potentially we might

come up into this extreme but we can look for energy up there if we push up

higher and we have some nice clear lows to target um down towards us for our poi

but potentially even lower into the extreme so let's play us forward and see

how we get on okay

all right so we're tagged in but what i was just

thinking of is what we probably could have waited for if you see how price

moved up and then i had a little pull back here right this camera here failed

to break the previous candles high that means that now if price comes down and

wicks this low we would have then had an m15

bearish chalk right an internal change of character um and then we could have

looked to set a confirmation entry on this level which probably would have

been a hell of a lot nicer especially that amount of momentum coming in and we

are counter the four-hour trend remember so that definitely would have been a

safer entry um

okay now there's a flip zone as well right because you see what's happened

here we zoom in

all right we had this demand here right that pushed up to that high

price has come in it's reacted and pushed down so now you can look to sell

i'm gonna delete this to keep it clear should we just drag it across you can

look just i mean this is a bit of a messy candle but you can essentially

sell within this candle we'll also swap liquidity behind these highs here

all right boom

so hard to draw on this but yeah anyway you guys know what i'm trying to do

right except the liquidity behind that high and then prices push down so we

have a change of character taking out this low we have this demand flipping to

supply right and now you would look to get inspired to sell you could refine it

even more potentially to that wick but um yeah that essentially would be an

entry i'd be looking at i'll tell you what let's let's take it let's um

because we're trading right from the extreme right there's a lot of wrist

reward here um yeah i like this for scaling i'll be happy to take that

so let's use the fib tool to try and be consistent with that right so

essentially we'll draw it on this flip range here we haven't quite come into 25

um yeah you see how this candle here this

is when we close below the reaction so we've got to change the character as

soon as we wicked it with this candle right but we didn't close below the

reaction until this candle here so this is why i'm not happy to set the order we

have already tapped into the buy to sell so yeah potentially it might not get

triggered but let's see

25 percent put a stop just above the high

all right it gives us about three pips so it's quite tight but zoom out again

okay cool so hopefully you guys can understand the logic behind this right

playing this for our pullback from the buy to sell we've hit our refine zone uh

and now we're scaling in with the chalk and flip but this also could have been a

much safer first entry especially as we're training counter to the before our

train right um see what happens oh that was close what's the session timing

probably should have given a bit more of a pit buffer but okay it's not too bad

see how we go

all right okay i'm gonna just delete this just to try and keep the charts

nice and clear so we can see what's happening okay so we're in two positions

now i'm gonna leave them open until we kind

of see if we can breach these lows um because you know there's a lot of

risk to road on the table here so probably partial as we get down towards

these lows here as we are still counting to the four-hour trend it's going to

tidy this flip zone up a little bit all right so now we've wiped out these

zones here uh clear moves to the downside we're coming to the london

session so i would be looking at this last cell to buy here all right

um if i would but we're already in two positions and i haven't removed any

risks i'm not going to load up in 20 more positions at this point

um what's happened here

so we've kind of come into this demand zone

all right i wouldn't have wanted to look for a long from here even though it's

pro for our trend but it's because we've had that for our chocolate expected

before our pullback these are weak and 15 lows right because they haven't

really formed any highs they've broken these minor highs here but it's not

really a level i'd want to necessarily trade from but we definitely could have

taken a hedge there um yeah that would have been a nice hedge actually because

that was a sweep zone right swept the the lows behind here

um obviously it was a last mitigation as

well so yeah this definitely makes sense right you see how this bullish order

flow it did take out a few levels of supply uh nice inducement in the legs

that could have been definitely hedged there which would have been nice to take

but we've missed it just about staying in hopefully this poi

can hold okay nice reaction to that poi so yeah that would have been an entry as

well definitely a valid entry and this is something right you guys might want

to think about um i haven't done it with the with this

obviously testing exercise here but if you know you're only going to be on

the charts and you're only going to set entries during you know the london

session or the new york session right or whatever session you trade um you

probably in your testing only want to record trades uh during that um sorry i

just noticed in the corner of my eye we don't have news set to

euro and usd yeah the the point i'm trying to talk about there

okay so the next one is in two days cool so yeah you might only want to record

trades right that you're only going to set during the times that you're on a

charts because it's going to give you a much more realistic idea of what

performance to expect right with your strategy so obviously we were entering

trades around the asia session here now you might be happy to set like a

trade like this i would be personally reasonably happy to set that uh whilst i

go to bed right and you know be entered during the asian session because it's

within the four hour poi it's the extreme you know there's a lot of

confidence behind this we've had that four hour change of character coming

into daily supply after wick in the high there's a lot of risk to reward here

boom i'd be happy to take that but then even if you didn't and you come into

london right now you have a clear trade following the mitigations this was the

last bite so right it's swept again it's another sweepstone right it sweeps the

liquidity behind these highs here um that's a pretty decent poi to look too

short from and then that could have been your first initial entry here right um

yeah i mean the hedge i don't really take if i was already in the short i

definitely wouldn't be wanting to get long from here if i wasn't already in a

short ride because it's a very very risky trade and yeah i would expect that

low to go okay so we're breaking to the downside again

order flow right another mitigation i'm not going to look to take put an

entrance just because we've got two trays already and i haven't removed any

risk just as of yet let's see okay pretty aggressive retrace i'm getting

this wick i'm gonna try and speed this up a little

bit so i'm very cautious actually been going for a long time i'm already we're

only a week into the month okay so that zone is held as well

basically what i'm waiting now for is these lows to go and then i'm going to

take some pretty decent partials because we are counter trend um and i'm

personally you know reasonably aggressive my management i

don't want to swing for the fences pay myself move on trade the next range okay

so we have this zone here it's weak because it's failed to take out this low

um but this is where you know sometimes

structure might not well how do i explain this okay so this

movement here right where we had this pushed down right it's failed

structurally to take up the low this low here so that means when my mouse is now

is from a structured standpoint this is a weak high because it's failed to make

a new low now that doesn't mean that price has to trade higher because

what do we look at after market structure well the next confluence we

look at is supply and demand right and if we look at supply and demand who is

in control who is holding and who is failing well

we can see a series of suppliers holding and what's been happening down here this

demand zone here right it's failed prices spike through prices come up

again hold supply is held and push down now in this case it's the milestones

hold so far but you know if i was gonna be a betting man i'd probably say

supplies in control here so that doesn't necessarily mean i'm gonna look to get

short but it's just to have an understanding of why you know sometimes

highs might not get right it's because supply is taken over there we go and the

demand has now failed and we've pushed down through so yes you could have

looked from an energy from here but just understand that it's very aggressive

because this supply zone failed to do its job at that point right um but yeah

obviously it played out because supply is holding itself we have the supply

chain holding now okay we haven't taken out this load just

yet but we have formed another zone so potentially we may

get more mitigations here try and tie this up a little bit

all right see how we go on coming into new york now so we might see some decent

volatility um boom there we go okay so we've pushed down to the lows i'm going

to take some partials on these now okay so

running 12 on this so it is counter trend and we're coming into this four

hour poi here so i'm going to be pretty aggressive in my management here i'm

going to take 80 off not 580 i doubt that would work there we go

cool and i'm gonna do the same on this one as well

uh is this one right notice the top one

boom okay cool all right so where are we in high time

frames we had a change of character we pulled back into our four hour buy to

cell where we had two entries i'm going to move these both to break even so we

can actually keep the charts a little bit cleaner uh we've taken out this sort

of low here now but we are coming into this four hour level of demand it's a

very weak level of demand um didn't really do much other than take out this

high and don't forget right daily time frame obviously outweighs the

four-hour chart because remember we zoom out this is daily supply this whole area

daily supply and we swept that high all right that's really significant when you

sweep external security so we could be having that daily pullback down into

around this daily flip zone i'll show you guys on the charts of

case we've forgotten right this daily demand zone down here

because this is where that took this high right reacted from the supply zone

right this candle touched into the supply zone pushed down and then demand

came in to push this movement up so we could see a movement down towards here

but if we get that load before our chart will be bearish so

yeah we'll reassess that as and when we get to it

grab some water

okay so um yeah we're coming to new york let's

zoom into the four hour chart we know we're coming into four hour demand not

really in love with it for long but if we get some bullish changes of character

then yeah then we can totally do that let's see if there's any 15 pois to be

aware of so we can refine that for a little bit okay we have this old one

over here remember we'll be looking at trading this originally so let's drag

this across um let's keep an eye on this potentially

we can look for some longs from here it is a sweep zone it has inducement right

and if we zoom out right it led to that breaker structure

it's pro trend so we can actually take an entry

on this all right i would be happy to take an

entry on this even though i can get the right tool selected there

we go

okay cool uh so the reason why is this is an m15

poi nested within a four hour py it's swept liquidity it led to a breakup

structure right really pretty decent move it has inducement below it um and

it's pro the four hour uh and arguably the daily trend right so

yeah i'd be happy to set a limit on that um especially as it's a hedge against

the short positions we are already in so this looks like it's quite a big zone

though oops

that's orange you want isn't it yeah cool and then stop just below the low

i think i've done that the wrong way around just

by limit there we go cool 25

and then stop just below there we'll run that up to nine go on and

do my chart ocd there we go boom cool so yeah hopefully you guys can understand

the logic behind that um

cool and then we'll drag this in let's play your price forward a bit

okay so for our poi m15 refined sweep zone inducement coming down with a lot

of momentum you could wait right especially as like we've had that daily

sweep on my coming off daily supply this is a bit riskier so what you could do is

wait for price to come in and give us that bullish change of character before

trying to kind of you know catch this low here so we've been tagged in

um carl coming down with a fair amount of momentum

uh we have these pois to be aware of as well

all right we have this buy to sell let's take the refined candle

um so let's see how price reacts we might just get okay

so again we've pushed straight up into here

i wouldn't i'm just debating whether or not to kind of it's a bit late now but

take a cell limit here but it's a clean purchase kind of further down in the leg

it didn't sweep liquidity right it didn't suit this high it could be just

inducement for above so i'd prefer to sell from this zone up here actually

because that was the last mitigation so let's put a limit on that

okay and then we can really hedge this market both ways so let's see where the

25 is

okay there we go cool give that a little bit of a buffer

let's see if we can clear this supply or not

it doesn't look too good yeah it looks like that supplies gonna hold

oh we're just about in so if i was looking for

a bullish changer character right you would need to see this high go first um

but i would probably say with this reaction price is pretty damn volatile

in the moment oh we haven't been taken out yet

okay so

we still yeah i'm going to delete this tool just so uh

never mind so essentially the change cache i is looking for right price has

come down let's pull back up and then this is a

straight push down and then

essentially this is our most recent it'll be this inside bar right is our

most recent internal high uh because price has not broken the high or the low

since then so we haven't had a change of character this is not an internal high

right we would need to see this high go for there to be a bullish chalk we've

kind of already tapped into this i probably would expect this to now fail

so i'm happy to leave the order up here um this is looking like quite a weak

reaction we already reacted above it and then pushed down below and closed below

so actually technically we do now have a flip zone so it's getting pretty messy

here um so we could just tap into this and die but yeah certainly something i

want to short from or long into so let's see what happens i think we are probably

gonna get stopped out

our spread hours we still in the trade

just about

okay i've just realized so we've taken out this low here right with that spread

spike which then means our most recent eternal high then becomes here at our

nearest high we've then broken that high so now had a bullish change of character

and essentially we just pulled back very subtly but we've pulled back into demand

all right so i'll draw that one so you guys can see right we took this low out

here which then means

this becomes our

internal high so let's see uh it's a bit tricky to see in the sun ng4

but i think that one right it's not drawing properly for me but you

guys can see it alright and then pull back down into

this essentially cell to buy here right we tapped into that and then we've

pushed up away so that could have been a cheeky entry but yeah we'll leave that

for now it's not super high probability and bang in the middle of the asian

session um just about in this long yeah i'm still

going to leave my order up here see if we can get tagged into the last

mitigation up here i'm viewing this as pretty much already mitigated same here

as this as well um

you know we do have supply here but i'm not going to short from that

it's just very very messy this point probably wait until london and see what

happens probably gonna get stopped out yeah there we go not to worry okay let's

see if we can clearly close below cool so close below now

so that means that this yeah this four hour zone has completely

failed so i'd say definitely next targets we're now looking to come

down into around this

uh region here i've only got tiny volume left on my

cells from the top so i'm going to probably take profit for those once we

get down to four hour demand um i'll just let those runners i think it's

about 20 of each position left maybe even less so yeah we'll let those run

down to here for our demands failed so yeah definitely expecting price to come

down lower we have some other pois right we have this level up here um i'm not

just going to keep the charts nice and clear and then if we can get for our

closure below we'll obviously have this poi as well so if we look at the m15

where can we scale in i'm going to cancel this order for a minute

all right so we're looking up here delete these

okay just follow the mitigations right so we've come into this supply zone that

one i pointed out but yeah way too aggressive for me really to want to

trade from but it makes sense you can see you

follow the mitigations um and then we push down so technically this becomes in

a flip zone so we have this extreme up here all right let's take the whole buy

to sell that would be nice that's the last mitigation right swept this high

um and push down

but we're coming into london sessions so we may not pull back too deep so let's

put on actually fancy not that one but here

now this one arguably doesn't look like it swept

right pull back pull back pull back let's see

did it sweep the high

just about right so you see this candle here that i've got my mouse on these

candles here just swept that high so technically for me that is a sweep zone

and it's a flip zone right because it reacted from

essentially this demand here i reacted swept that high pushed down and we took

out these lows here for our demand has now failed we're coming into the london

session so yeah i'd be happy to trade from either of these really

let's put a limit on uh i'll tell you what we'll go on

both just because i'd be happy to take losses here so

we'll put one off for now we'll see if price comes up to us

that looks like quite a small zone so i probably wouldn't refine it yes less

than three pips so um

yeah i don't really wanna okay we'll keep that there

cool okay uh

yeah just check everything's right four cool let's go

okay zoom out a little bit yeah it looks like we've got a pretty

clean movement now all the way down towards here so this is looking pretty

good but i'm cautious we could come back up a

bit higher so let's pose forward see what happens

ah okay being stopped out

okay let's put a limit on the one above might be coming up a bit higher

how big is that 4.6 okay we can use the fib tool

boom okay cool so pushed up higher let's delete this

ah yeah that's coming at us

okay so what do we react to we reacted to

uh that biter cell but yeah i never would have sat in a

children on that it's you know ugly it's a flip zone because it's flipped this

range but it didn't sweep liquidity it's not clear at all right there that's not

something i put order on it just it is what it is priced up these highs here

tapped into the buy to sell and that's giving enough orders but what do we have

right this is what i mean don't get pissed off if you miss a move or you

take a loss reassess what's happened well we've swept this high we mitigated

a buy to sell that's the last mitigation uh let's cancel that order from now

um let's follow price down okay so

we have that sweep so this becomes our sweep

zone right that's a nice zone so i'll be happy to

sell them on that stop behind the high

cool i mean you can eyeball this right so when i'm back testing i eyeball it i

try and be a little bit quicker right if i'm just kind of practicing i'm not too

bothered about the stats right i just kind of eyeball roughly where 25 is just

for the sake of time and you guys can do that but i'm just trying to show you now

kind of how to be consistent with this so we're approaching for our demand but

not just there yet so i'm going to continue to look for cells

hopefully price can pull back almost there now i wouldn't really want to sell

on that it's not clean at all but maybe we won't trade higher okay

did we tap into for our demand not yet potentially we're reacting from that

doji um

let's continue to play price forward okay so we've tapped into the previous

buy to sell here right this range and we're pushing down let's see if we can

get into for our demand i'm not

that looks like we have yeah we have we tapped into it now so i'm going to take

uh well i'm going to close these actually because we are counter trends

so i think the four hour high low is a good chance

all right the four hour trend will continue uh until it doesn't so because

i'm just thinking what i'm debating whether or not yeah we've tapped into

friday demand so i don't really want to now leave my order on there

um so i'm going to cancel that let's

make this appear properly on the m15 cool so what i want to do now is i'm

just going to check if there are any refined zones in that four-hour demand

zone to see if we could potentially set a risk entry on okay

so we took that long from down here there's nothing yeah so that would only

really be the zone i'd be interested in to be honest with you is this last

mitigation down here all right so we drag that across

now the reason why i'd be interested in this is because this is the four hour

swing low in fact i'll show you

right this for me is a four hour swing low that was just a minor pullback so if

the four hour buddhist trend is going to continue it should continue from this

candle it's also a sweep zone right because it swept the liquidity behind

these lows here

okay um so yeah like i said it's pro trend

we've found a refined zone um i'm going to be happy to

set my orders there so let's put by limits not by stop

stop below the low okay now i mean you can be a little bit

more i'll tell you what will be a bit because it is a risk entry we'll put it

below the four-hour so below the box just in case uh something eight pips

anyway and the wrist was on our side right we're going to catch that for our

halo this is the place to do it now because we have again remember this

movement up here was a sweep of those extreme daily highs since you have that

daily supply zone um you know you always have to be in mind that if the ferrari

is going to switch bearish and this is a time in which you can do i'm personally

happy to just keep training with the four-hour trend until it changes i don't

you know i don't try and get too clever with the market because a lot of times

the trend will continue for much longer than you think but if you aren't sure

and you don't necessarily want to keep being aggressive with these pro trend

trades i sent a risk entry like this is you can either wait for you know the m15

to switch british or you could wait for a four hour buddhist change of character

etc right but because it's pro-trained i'm just going to be happy to be pretty

aggressive here and take the loss now the other thing you could do if if you

want to be aggressive is also be aggressive with your shorts so you could

have left her order on here right this last sort of m15 entry order and then

that way you are you know a little bit more hedged so

assuming a little bit um just thinking if i want to sell from

this no because it's way too neat for our demand

okay ah i didn't type this in it's hit the

distal hopefully it comes lower

okay so we haven't been tagged in right from the distal we've now had a

bullish change of character okay i'm going to play it for one or

four i just want to see price close above it okay now we've got a closure

above so

i'll draw it on

this here becomes our british chalk right

it's a straight line right just imagine it's a nice straight line this does my

head in mt4 we had supply here all right so we reacted with this

bearish candle it's horribly drawn uh we pushed up so this is kind of where you

have two options right if you want to look for a long we've now had a bullish

change of character in four-hour demand it's pro-trend you either have this

extreme zone here right that white box the way it's drawn it or you have this

decisional flip zone right now

what do we know that can increase the probability or or another way to phrase

the question is if you're not sure

when you have two zones whether to take the flip or the extreme remember that

rule that that you can use i don't personally use it as a strict

requirement i like to use a little bit description here but for what i

recommend you guys will use is if the flip sweeps liquidity excuse

me then right it becomes a little higher

probability to trade from the decision if the flip doesn't sweep liquidity then

you can set your order on the extreme now in this case it doesn't sweep

liquidity so if you restrict you would set it down here right but

i personally i like to be a bit more aggressive and

you're a dollar i don't have it as a strict requirement so

i'd be happy to take this flip here and then

um what you can do right and sometimes i'll

do this but again i don't necessarily want to recommend it because it's a bit

riskier is because we're training from the four

hour extreme demand zone it's pro trend right if if this four-hour train is

going to continue it has to continue from here when it's in areas like that

i'm happy to be quite aggressive so i'm going to cancel this order because the

zone's already been mitigated with a decent reaction right um so what you can

do again i don't necessarily recommend this

is you can trade both so you can set limits on both or another option is to

set a limit on one and play a reaction from the other so what i mean by that is

you would set i'm just gonna use the 25 rule again is you would set your limit

on here right

so you put a buy limit like this

now what you can also do right if you get stopped is then play the reaction to

this you would look press come into it give you another bullish change of

character and then you trade the reaction because otherwise you know if

this is failing you could take two losses in a row which you know a lot of

people that doesn't really meet their risk tolerance so i'm gonna set one

there let's just see if we get tapped into

okay i'm not going to change the risk management just yet because

we're barely running two and a half percent

um

okay yeah we're gonna yeah that doesn't look good because now we've taken out

the reaction right it's pretty much obviously gonna fail so at this point

let's see what happens in this kernel yeah we're out so you could set an entry

order on the extreme um

don't screw it i'm gonna do it just because i like this level is the

extreme whenever it's the extreme and it's pro trend i do like to be

reasonably aggressive here like i was saying right you could wait for a price

to come in and then trade a uh trader reaction

so essentially trade the confirmation entry so there's a certain limit here

uh let's go cool ah session timing spread out so i'm

going to cancel that i didn't notice that let's put it forward a little bit

until okay we can set it back on

try and speed this up a little bit i'm gonna go a little bit quicker okay

as best i can so let's play this forward nothing's going on yet just trading

between the internal high and low

ah doesn't look like it's going to come back okay i'm gonna cancel that order

so yeah london's opened up now we've got a pretty decent reaction from from um

for our demand but we do have this supplies in here right

so we have to be aware of that coming into which is this level here so

on m15 let's look at some pois we can be uh mindful of

all right we've got this level here there's high impact news coming out

what's coming up uh ecb so yeah definitely want to be training through

that but we can just observe what happens right so yeah if you did leave

this order on this level here that we were looking at earlier remember

um you know that's quite an aggressive level because obviously training against

four hour demand and counter trend then uh

you would probably definitely want to cancel that coming into ecb would be my

opinion but let's see what happens i'm not gonna find any orders until ecb is

out of the way now it's quite a small reaction for ecb

actually okay we've pushed downs all right so yeah

that would have worked out beautifully if you had to get the order on um but

you know who cares right you want to be doing uh what is going to give you

uh you know what is best long term for consistent

and professional trading and it's not going to be leaving orders on coming

into a extremely high impact news event like a rate announcement on the pair

you're training because you have to think about if you've got a

seven figure account and you get slipped on a two pip or three pip stop or even a

five pip stop right you know that's serious serious

damage you're not gonna do that so even if you might do it in your thousand

pound or thousand dollar account you need to be thinking and treating it as

if it has an extra five zeros on the end right and you wouldn't do that um most

likely so you can see right we've come into that four hour demand that's a very

big aggressive reaction right close back below

that low so this looks like it's probably gonna get smashed now but

uh we'll see um

see i mean we still so what i'm thinking of okay is i'm looking at where are the

pois and which we can trade because the four hour is still bullish we've come

off the extreme but we are reacting to the supply zone and i'm cautious of you

know what again this is really key what's happening up here we've swept

those big daily highs in daily supply and we're pulling back now we've had a

reaction from four hour demand so if this starts to kind of push down and

close below this low then it's very likely that this low is probably going

to fail because demands failed right there's four hour demands failed and

we're going to come down lower at that point and then the four hour would

switch burst if that happens but it hasn't happened so this is what i say

and i have to remind myself every week don't try and get too clever just

blindly assume the trend is going to continue until it doesn't

right so what that means is it's still bullish so let's look for long so what

i'm looking at is all of these lows here

that's been mitigated that was a nice something in my eye

a nice sweep zone there

all right it's not drawn very well but yeah there we go swept that zone we

moved up we mitigated this level so potentially we may see

a long from here what's the time coming into new york

excuse me but we've come off supply a lot of reaction we've got a bearish

change of character if i was going to be kind of aggressive

i'd probably prefer to take the extreme hair

i don't really fancy training against that

uh if anything i'd be looking for a short from up here

because that was the last mitigation from the sweep zone it swept these highs

here see i'm gonna whack so limit on that

okay so again this is me being reasonably aggressive but

there are times when to do it and when not to do it for me this is when to do

it because price action

has got some nice clear pois to trade from get nice big expansive moves so i'm

happy to kind of trade these because if i get short from here there's plenty of

risk to roll down towards the load if i get long from here there's you know

decent enough risk to ward up towards the supply zone but when they're very

you know bunched together in a tight range that's not really

the time in which you want to be doing it okay so

yeah i'm not going to take a long from this just because i don't like how

strong that reaction is from the for our supply zone but um i'll tell you what

we'll play a no we'll be we'll continue to be consistent

this is one thing i try and preach as well as right is if you're going to be

aggressive you always need to be aggressive you can't kind of chop and

change you need to keep your foot on the gas so that

uh when being aggressive pays off it pays

off big and when it you know it doesn't pay off then you continue taking those

losses but you keep going with it because if you suddenly take a few

losses and then you get scared what's going to happen is you then going to

miss those wins right that should have been part of your probability model so

yeah i'm aware that this is a low it's the last mitigation after that

sweep but uh i just think these lows here are gonna get smashed and we can

come down into the extreme uh so yeah let's let's play this forward and see

how we go into new york okay so i didn't get tagged in that's

very very messy now

let's see let's let's leave both of them both

there's a hedge okay we're in a long decent reaction from that

um

so i was just looking at that okay cool so okay now we're in the shorts now

we've got a hedge from both sides if we take out this high

um yeah then i think we're probably going a

fair bit higher and potentially this for our suppliers i may fail so this is

pretty good so i mean play the extremes both sweep zones um you know you've got

the market hedge both sides now and hopefully we can profit

either way which it wants to break out now

if you hadn't set your entry order up here

what would we have we have a bearish change of character because we've come

down and we've taken the slow here

all right just imagine that's a straight line

all right that was the last pullback came up mitigated supply you calm down

and have a brief change of character we now have a flip zone as well right

because this level here was demand and then this would be the base of your

reaction to the top all right it's a sweep zone as well right swept the high

liquidity behind there so this would be escalating i'll tell you what just

purely for the purposes of this

this video right because i kind of just want to show you

just some trades just for the sake of it right i wouldn't necessarily do this

live if i was already scaled in with no no um

uh risk removed but yeah screw it so

i could get absolutely slapped here but oh well

okay so we tapped the distal yeah i'm gonna pull that order now

okay um so what we have now so far right is this

where we've got long all right the reaction is a weak low because it's

failed to take out this high uh

so yeah i wouldn't be looking at long

entries from here if you went on already i'm just gonna leave the hedges and see

which way price wants to break out we're in spread hours now as well

okay just wait for this range to break out essentially

okay and we got stopped out on the short that's just fine so

all right we still have this for our supply zone we have had a decent

reaction from it so you know technically if the four hour closes above this high

that is a failed reaction which is not a not a good sign for shorts

um we got the long

i'll take a little bit of partials but i don't want to take much off because it's

pro trend so we are running decent decent profit

though uh

i'm just thinking it's pro trend but we're coming into four hour supply we're

just taking m15 high i don't want to take off too much but

let's take off half we'll take off off pay ourselves

okay cool so let's zoom out with m15 we have this supply zone above

all right um

so that's still nested within the four-hour supply zone this is kind of

the extreme right series of mitigations uh so yeah let's put a risk entry on

that

i want to buy to sell

cool okay i can zoom back in

so it's looking like yeah potentially these highs here are

liquidity for this high here now this is still quite aggressive trade i'll put

the trade on so you know what i'm talking about because it's counted a

four-hour trend right it's looking up for our demand is holding but you see

the way we've had this it's just that to me looks like a correct pullback you see

this impulsive movement down corrective pullback it doesn't look that strong so

this is where i'm happy to kind of you know still be looking for shorts

especially when we're in a long right so we're going to hedge it both ways but

the big big reason behind this is because of this movement here like this

is really significant right when we swept that daily high in daily supply um

you know there's a lot of weight behind that so we'll set that cell there but it

is quite aggressive so actually what would probably be better

but we can do it if it happens as well is you would wait for price to tap in

you can trade a confirmation at you from here okay but coming into london

see how we go okay yeah probably would have been better to wait for combination

confirmation tree probably gonna get slapped here just about held in

that trade higher yeah that trip that candle traded higher

than a prior candle so the reason was looking at that was just to see if we

were going to get a chuck here but the most recent act of internal low for me

is this candle here so this thing stand but we need to see this low go to get a

bearish chalk

okay it looks like it's paying out pretty nicely

uh i'm not gonna yeah i'm gonna leave the management of this long so i've

already taken 50 it's pro trend don't really want to cut myself too short any

more than that in case it does break out higher

okay there was a zone here so

it's not great but essentially if you if you really want to get short from here

but you're waiting for the confirmation entry and you didn't get it

right where's the first reaction we get a reaction here so you can make sense of

it what do we have we have essentially this supply zone here i drag

it across all right you can see this is a buy to

sell then price comes into it right from these cells to buy works here

it reacts pushes down and then pushes up right so this is demand here

and then what do we have we now have supply here

right it's very aggressive there's no structural liquidity it's not a sweep

zone etc etc but if you really wanted to get in right this could be a good level

but we are coming into high impact news we've got ppi so it wouldn't necessarily

be the best ppi's not the biggest event in the world but still high tech news on

the left and there we go yeah you get slapped so actually that was quite poor

analysis on my behalf because remember this was the active internal low we

hadn't yet had a british change of character

and price has come into this decision here so yeah completely

missed that and this is the problem right charts are getting very very messy

now um and also this is reasonably aggressive training but yeah we'll

delete that um all right i have to think about management again so i'm going to

leave the long here right we're taking 50 off this is the short from the

extreme that's for our supply so i'm pretty happy with this because if this

supplier is going to hold then i've got in right from the top of it and if it

fails i get stopped out it is what it is becoming higher and we're already in the

long um

we haven't had a barrel change of character so technically this is a weak

high so it probably is going to get run let's see what happens

news okay we've continued to the downside

okay so now i'd probably be looking at this high here

right if you went in because this has now we've got our

bearish change of character this has done what it's pulled back

right it's reacted from demand okay so again i want to make this really clear

because i know it's quite hard to see on mt4 especially if you're not used to

this this price action it can be a bit hard to follow so let's try and go

through high time rates again right we swept the daily high

we had an aggressive move back down the four-hour chart is currently bullish we

can zoom in right this is our current swing low so we had our bearish change

of character and we look for sales on the way down right we looked for

something along some decisional demand uh probably i think we took a few losses

there can't quite remember we then came down into our extreme demand zone which

we are currently long from right because we've got that uh i just have a look on

here we've got that

this move in here right we had an order on the extreme but it didn't quite take

us in on 25 we then moved up we had a bullish change

of character confirming off for our poi so we looked for an entry from the

decisional flip zone we got stopped out not to worry so we set a limit on the

extreme down here but we then got tagged in took a few losses on the hedges short

that's fine so we're currently long from there

uh let's just put that back

okay uh then we took a short from the extreme within that for our supply zone

so we're kind of playing you see the ping pong of this we're seeing which way

does the floor i kind of want to continue right

so that's why buying from buying from the bottom extreme and starting from the

top stream is always going to be a highest probability and this is why when

you mess around in the middle you see i'm taking losses right that's the

reason why um then this was yeah that was a dumb trade that i pointed out

ignore that really it's a flip but at that point right price had pushed up

this whole leg here all of these candles break the prior candles high right

that's all part of the up move so when price pulls back down to this point we

need this low here to go for there to be a bearish change of character right

price comes into demand it pushes up and then we get a break of the low so now

this red line that i'm about to draw is our bearish change of character right

giving us more confirmation maybe this poi is going to hold downs for our

supply we've reacted from demand we pushed up we swept the structural

liquidity behind this high here right because price came down it moved up and

it moved down so there's structural liquidity behind this high price came up

swept that liquidity and then pushed down so now essentially anywhere from

the base of this reaction to the top right that whole blue box that is

essentially your your your demand flipping to supply so you can get short

anywhere from in here obviously we want to refine it a little bit more than that

so i'm going to drag this up to quite messy and it's quite a big candle

we'll just take the whole bicep counter there we'll use a 25 on this

i'm not sure how many pips that is let's have a look uh solomon okay we're still

within the long

6.7 yes it's not too bad okay we'll accept that

right so let's see how we go over this now

okay tagged in

continue down right so it's getting quite messy right

we're quite range bound um what i'm going to do is i'm going to

still leave the stops open i'm not going to take any profits yet because we've

already taken 50 off the long i don't want to take off any more because it is

pro trend and we break out higher i don't really want to take much more off

than that and we're already in the shorts we're in too short but i'm not

going to manage these really until we can take out at least this internal low

here ideally

see how this goes i'm not interested in trading any of this because this is

technically well no it did take out that high we

could right if we get a confirmation issue from here

then i'll let to get involved right this is quite aggressive trading though

uh we pulled down we fall back up we've then taken out the low so

most recent internal high technically is that kind of there

because it failed to break this counters low so if we get break of that that

would be our chuck see what happens

oh spread ours yeah definitely looking for entries now

okay let's see if we can get another buddhist change of character

uh looking like we're gonna get stopped out

yeah that's that demands those files anyway so you see how we're taking out

that low uh so let's see if we can get this load to go another four hour low to

go uh and i'll start to manage those shorts

okay boom all right so let's drag this across are

we taking that out yeah all right yeah we've just whipped the

foil oh so we haven't had a bosch yet but i am going to take

some profits on these shorts uh

[Music] let's take off i don't want to take off

too much because it does look like because essentially what's happened here

is we've had a big reaction from demand we've pushed up and we've now clearly

broken below that reaction so that means that this demand has

flipped to supply so

i'm going to wait and see if we can get for our closure below

before we come into london is that kind of going to close below

let's see is it going to close just wait for the next candle to form

oh maybe it's going to close back up okay now it's closed okay so now we have

a bearish boss so now what i'm thinking is is

do i want to take partial profits off my shorts because

now the four hours which bearish i've got in on this lower high

you know there's potential now we could be coming

all the way down for these week daily lows

so

but yeah i'm just thinking out loud now um

but the problem is right is even though we are now training pro training we're

sure where our swing high is it's the highest

point it took out this low so we look back this is our four hour swing high up

here so what could happen in theory is price could pull the way back up stop us

out of these short positions come and mitigate this extreme line up here and

then continue down okay so i'm going to take some partials let's

show this let's close 50 percent on those

um [Music]

yeah we do i was just thinking of maybe going heavier on this on the second one

because we're lower down but yeah we'll just do 50 on that and then we'll see

how we go okay so let's have a bit of a

reassessment here so before i switch bearish we mitigated this level here so

this would be our last mitigation um so let's draw on

this zone here right this would be the zone that would be looking for price to

come back into to look to scale in uh which is this area here okay so we have

these levels this is why i'm you know price can come back in and stop us out

if it comes back up higher so i have to reassess uh we've just had a bus that

doesn't mean we're going to pull back straight away we have our next level of

clear demand down here right so we can kind of be quite

aggressive with cells until then so let's see what we have we have here on

m15 especially coming into london this is when right momentum is high

you don't have to wait for price to pull back you can put your foot on the gas

just be aware it is aggressive so you will take a firmware unless you're doing

this but um you know just get practice without when to do it right you can see

the momentum we've got uh yeah london session

let's put on let's put on this entry here

again i keep saying i'm going to speed it up and then i don't i feel like this

videos could go on for hours i'm trying to speed this up because i'm not even

halfway through the month just yet so limit

cool it's just i want to try and kind of really talk it through so rather than

you know me just whack on trades and you're not entirely sure why i want you

guys to try and understand as much as possible because it is quite hard to

follow with all this analysis on just mt4

okay so this is an aggressive trade but screw it let's follow the momentum

okay we're in wait for at least for the low to go before i manage this

uh hasn't gone yet okay now it's gone so this trades yeah 31. so you see how it's

running uh well almost seven percent well from

initial balance not from equity and because it's at the low this is what you

have to think about right where you are entering short yes it's pro pro trend

but look where we are within the leg right very easily before i could start

to pull back so if you're going to enter low in the leg me personally i'd be very

aggressive in management so you can either have a fixed r so like you always

you always fully exit full volume at 5r for instance

or you take the majority of your partials or all of them at the nearest

low or what you can do is you can just trail price so you would continue to

travel behind these highs okay i'm gonna be pretty aggressive with this

i'm just going to take off like 80 of the volume on this just because i don't

really like entering that low down the leg

so cool we'll go over that and then but what you can do right is

you can look to continue to scale in so we could be aggressive again wouldn't

necessarily recommend this but let's do it let's scale in here

it's quite a small candle so we don't need to 25 because essentially what i'm

doing is i'm using you know my profits i made from this quick move and funneling

it down until we hit the four hour demand zone so

let's practice on

now what i will say is if you're not consistent and if you're already kind of

you know trying to find that consistency you don't want to be trading this

aggressively you want to be sticking to those moves that we looked at right

these moves within the 4 hour pois stick to them do not be chasing price down

this far right because this is where you're going to get burnt if you don't

know what you're doing okay but what i like about this is it uh did it sweep

the quality i thought it did because it looked like

a dick it's this candle but all of these candles break the prior candles low so

that's all part of the down moves there's no structural liquidity in here

we've come up we pushed yeah we never so technically it's not sweep zone there's

no inducement so actually i'm going to pull this order because yeah there's

just not enough confidence it's one of those ones right where these can play

out especially on eu especially as it's the last mitigation

but do you know what's good i'm going to

keep it on because i want to show you guys it doesn't really matter if you

take losses uh yeah boom i thought we would but yeah

hopefully you guys can see exactly why that was not a high probability trade

but i kind of want to show you that losses really are relevant they don't

mean uh when you have a high risk toward strategy like this okay so what

have we mitigated have we mitigated anything here

can i get this box to work yeah okay we kind of come up into the

cell to buy so it makes sense but i'm gonna leave that there

uh we've now had a clear bullish change of character so we could because we have

come off technically for our range we could look for long so we have the

extreme down here

uh do we have any flip zones not really just push straight up through so

yeah we come back down potentially look for a long down there

um i kind of have this four hour doji but

it looks like a bearish doji it's not the best

i don't really want to look too short from that it's quite an aggressive

retrace now as well so probably expecting price to come up higher

you could look from lungs is this is this a flip zone let's see what did it

react to look right from this no it spiked up higher so that's just

more of a sweep than a flip so that's not really a valid one for me

so i wouldn't necessarily want to scale into that

or not scaling but take a long from it so i'm just going to leave it let's

let's see if price is gonna come up higher

spread hours anyway

it's basically now waiting for the price to come down towards extreme or to come

up into that for our supply zone or if we start to kind of break down from here

right if we start to get you know a bearish change of character on the four

hour we were to take out this low or you know we start to break down we can look

left does it make sense what it's reacting to okay if we swept liquidity

if we've had a decent break to the outside then we can look for price to

come into that freshly created supply zone and we can look too short because

price does not have to pull back into our stream for our poi right we have

coming up cpi yes i wouldn't want to trade into cpi either um okay we're

pushing up with a fair amount of momentum

um so this is what i'm saying yeah we actually probably especially see when we

took these highs here kind of yeah this is where with the benefit of hindsight

probably should have taken more partials off because we only took 50 off of our

position there uh so kind of messed up a little bit there's no kind of not really

much point of me taking partials now uh that was a mistake but it is what it is

we can also look to get into some more trades if they present up okay what

we're reacting to so this is a problem when i start to speed

things up i start to miss things right um

so we have this vita cell here

okay that essentially flipped this level didn't really sweep liquidity no

inducement so i wouldn't set a risk entry on that but let's see if we can

get a confirmation entry uh otherwise we have you know this has

been mitigated for me so the next level i'll be looking at is

this extreme up here so we can whack this on i'll cover the

high as well just to be sure

okay so we'll see if we push up a bit higher

yeah so this is something i'd recommend right

especially if you want to bring risk entries into your strategy

is when it's pro trend for our poi which has swept the

liquidity behind is high and you have a refined extreme supply zone within that

right that is the level in which you want to be setting uh risk entries if

you're going to do it so i'll put that on just because i don't forget

uh we'll get the 25 of it as well appreciate the charts are getting a bit

messy now but essentially what this is is the extreme m15 supply zone within

the four-hour supply zone right which is pro-trend so

you know this is a pretty good area especially the last mitigation that

price should continue short if it's going to

uh we'll put that just above the high same stop-loss as the previous one okay

boom uh so yeah we've come into this supplies

and it's this good hole but i kind of want to wait for a bearish change

character i'm coming into cpi which isn't great

so see

okay have we had a bearish shock no because

all of these counters break the prior counters high so we have to take out

this low first

okay now we're taking out the low um

i don't really like any season how none of these counters are that clear

to look for short there's no flip hairs no

yeah i'm going to leave that especially with cpi let's just let's cpi play out

oh uh i forgot i had the extreme one already

okay well yeah i wouldn't do that live i definitely wouldn't do that live

uh i wouldn't recommend that so let's put it forward anyway probably get

stopped out on that i think i did get started i gotta stop down the scaling on

the original position that's cool okay so that was a mismanagement so that was

one we took back over here right which really when starts price that's the

brake structure like that you probably do want to take more partials um because

especially with expecting before i pull back back to where we already are right

um so that was a bit of a mistake there there's what it is we're still up 63 i

don't even realize that okay so i'm not doing too bad

uh right so we've come into our extreme we're in that risk entry

that's not a trade i would take live so yeah it's kind of

not ideal but what i'd be looking for now is for a bearish change of character

which should be down here all of these cameras break the

price on so yeah so we only see these lows go at this point really

um

coming into the asian session yeah we're taking that low so we've had

a barrier change character now so where can we short from well we can look at

this level here right we had a mitigation

here

we had this mitigation here

so mitigation i was talking about draw it

on was this one here right price came in and mitigated that so this would be the

last candle but it didn't suit the quality and it has no inducement

so i don't really like that zone but let's see

let's whack an order on it it's not great

from a liquidity standpoint i think i'll be quite small though

full pip so put it in there i'm going to draw the 25

because i just want to speed it up a little bit

but it springs forwards okay what's the four are doing so we've

come in and we mitigated for our supply we've now had a bearish change of

character right we've taken out that low it's quite messy though but we've got

these supply zones potentially we might come back up to the extreme again so

i'll keep an eye on that if we do push up higher but we are already in short

from top so we'll leave that for now let's see how

we go um we have this extreme demand zone but

it's on a week for our low so i would expect there to be a reaction but

ultimately for it to get run so let's play this forward

let's make sure those lows haven't gone yet okay spike that low

okay we'll put them back up now see if we get tagged in yeah stopped out so no

surprises there right this zone had no inducement it didn't suit liquidity

so that means that these become liquidity right for price to sweep which

is what's now happened um potentially there's something left

within that wick now that was mitigated as well so

so we get a bearish change of character here let's wait for about the very least

before i even think about shorts might become too extreme

we had a bearish chalk i don't think we have just yet so i need to see this logo

here uh

well not yet let's wait for another candle okay now we have

so we swept these highs we had a bearish

change of character but within this four hour wick

so yeah it's not that clean but we can look

for shorts from here because we've swapped liquidity we've

had a bearish change of character we've mitigated for our supply

yeah let's put a sell limit on that okay cool so stop behind the high 25

percent trying to speed a little bit quicker again

yeah oh you're joking what's the news

no i don't remember i don't think i put my

stuff that tight maybe the spreads blew up oh oh well there's what it is

there's potentially another entry here right we have another zone

that's really annoying that uh

these things happen all right selling it on this one

all right there we go and then

they're going to take us hands i think it is oh we've gone now

it could be yeah i'm going to take that it's getting messy

okay so what we have on the m15 is we have all of these lows

essentially what we're trying to get is i'm just looking for positions to

basically get this four-hour zone playing out right so we can target this

weak load because it failed to make it high and we can trade down into

roundness for our refined demand zone right

so uh let's zoom in a little bit

i mean we could come up higher but yeah i wouldn't really want to trade against

these lows that's just not a good area of value so let's play it forward

um it's not really a clean supply zone i'll tell you what i'll put the order

back on this because we are coming up now i'd be happy to trade short from

here so let's whack a cell limit on

we're going to come in we're going to come in just ranging around

coming to the london session yeah but we dropped off now so going to cancel that

order uh

all right let's think about okay so we've got trade management right from

the shorts from the top i'm going to wait because i've caught what i think is

likely to be the four hour lower high and theory should not really be taking

any uh partials until the logos until the four hour logos right so once that

goes we'll take a heavy amount of partials but it's pro trend and 15 this

is still in play but obviously when nowhere near it for now

uh we do have london sessions so we can be

a bit more aggressive um we do have a flip zone here

did it sweep liquidity not really it doesn't have any inducement

um but john i mean these yeah i'm gonna leave it let's see can we take out that

for our low so coming into the extreme demand zone definitely would not be

looking for long term here why because it's a weak low it should get smashed

you can of course trade reactions from here but at a bare minimum you really

want to be looking for a bullish m15 shock and supply starting to fail which

yeah hasn't really happened uh wasn't can i have yeah let's just

wait for this low see this lower okay but now we've gone so i'm going to take

a heavy heavy amount of partials on this i think this was my original order

wasn't it there's only eight lots in that so

uh we'll just take out another 50 and then this one will go up so this is

the one we took out from the top recently yes we'll partial pretty heavy

on this one as well now

in theory like i was saying right because it's pro for our trend you can

hold on to these with a lot more volume but i try to be quite realistic i

personally don't like holding on to too much volume so once we get that lower

low i'm pretty happy to take you know the majority of my profits off there but

we'll let some run now okay so we're coming into the fire

demand zone and that's fine because it's just you know old demand zones become

potential reaction points for pullbacks right now that we've taken out this four

hour low so we're playing within this next current swing range here

uh pois so that's mitigated right this works mitigated that's where we took a

trade but we just got stopped out ah that would have been a beautiful trade

that is so frustrating even back testing it's still feel emotions but it is what

it is uh i don't really like this for a poi because it didn't sweep liquidity

and it doesn't have any inducement in the leg but yeah we'll see how price is

even when it potentially comes back up to that so let's see how we

react when we come into them okay we tapped into that for our wick we've got

a bullish change of character all right let's be less we could be a

bit aggressive here right and we can look at this poi here

oh we're coming into news what user we got retail sales okay we'll leave that

alone

so just save this from my last hair very very aggressive wouldn't recommend that

right really what you want to see is a clear liquidity sweep a bit more of a

sustain move right and supply clearly failing it didn't in this case right so

that would have been an awful trade um this is a problem right with sometimes

with back testing it's demo you rush through you kind of start

whacking on trays left right center that you wouldn't do in reality so

yeah i will try and continue to kind of be a little bit more picky here but we

are on this for our demand zone right um just haven't cloned it to 1015 so let's

look for at least a bit more of a convincing break to the upside and see

supply failing what i like about this is although we're in four hour demand

right again i'm going to be aggressive we've

got a lot of momentum we are during sort of the new york session i'm happy to

take kind of a loss in this area but this is aggressive right it's a sweep

zone uh let's see if it can continue to the low but again this is bang on

what i've been saying right do not take these if you're not consistent because

these are low probability trades this is me just following the order flow

following the mitigations um you know there's no real inducement in this leg

but it is a sweep zone uh and you're training against us for our demand level

and we've had a four-hour break of structures so we expect to pull back

uh but you know these can continue i kind of just want to show you though

that you know losses really don't matter if you're going to be

aggressive but yeah sticking to the ones within the four rpis is always going to

give you the highest struggle are we going to pull back we're just going to

continue dying what's the time i don't know why there's

a reaction there's no uh 20 sec yeah there's no news for another five days so

let's see if we start to kind of clear this supply

level i'm gonna probably take a few more actually let's just see what happens

when we do it okay looks like it's holding looks like it's holding spread

hours not a deal put it forward a little bit

yeah bang you're out okay yeah bit bit of an

aggressive trade but there we go is what is cool so

looking like we're starting to pull back now so you could take more partials

um john i'll just leave it just because we're taking pretty heavy partials

there's not that much running on it and in theory we've had a break of structure

here so our swing high is this point here so we're actually reasonably

protected so we actually you know in theory price

shouldn't trade any higher really than where our entries are um so yeah we can

leave that there um so we'll just move them to break even

just to keep the charts a little bit clearer so yeah let's see if we can look

for longs up until around uh this supplies and up here um

obviously bear in mind it could react from the actual bite to cells we can

keep it on it like that and then we'll clone that to the m15

right so this level here so let's look at the pois that we can look to trade

from [Music]

what i'm going to do is delete this box

and i'm going to draw it back on [Music]

from just the four-hour zone just before our chart just so we can then draw on

some limitations with this software it's a bit rubbish with so essentially we

have this for our poi and then within there

let's look for an m15 so we have these highs here

got this extreme it's not great right i'd probably expect

price might want to come up higher what's that zone up there

yeah we've got this extreme up here right inducing above

that's a lot better um i'd probably be willing to set a

risk entry on that but we'll wait for a price to come up and then what else do

we have we have

this poi here it's a flip zone right so we have this one

but it does have inducement arguably it

slipped the highs there as well right so that's one

we also have this clean push no inducement didn't sweep so

it's not great and then we have this one as well right

this buy to sell which we're coming up to obviously no inducement didn't sweep

so that's not great they did break structure so they're all strong zones in

terms of that but let's see are any of them flip zones

let's drag those across

uh spy to cell have a look [Music]

that low would it react to okay

i mean that is technically a flip zone it's just not great right because we

have these cell to buy wicks i took out this level here so that is a flip zone

and then yeah these are all yeah these are all zones as well like that's a flip

zone that reacted this week that's a flip

zone and then yeah that's just an extreme structural zone so they're all

they're all technically valid right but obviously some are better than others

this is the least spoiled price no inducement no sweep so definitely

wouldn't start wrist sketch from that but we can set some of these as we get

up higher if we get up there so let's put the chart back

and i'm going to try and speed this up again uh because this is we're going to

be here all day uh okay cool so

[Music] let's zoom in

we've had a bearish change of character but we're not really coming off anything

we're kind of used by to sell wicks but let's be a bit more patient we suppose

something decent okay we're coming to this

i'm expecting that much i'm sure we'll go higher

hmm okay a decent move off all right i'll be happy to short that

with that reaction all right we swept the high missing a

flip zone decent movement down right these demand levels are failing

let's set him on that stop above the high

roughly 25 percent cool space forward

no it's not okay yeah that's gone all right we'll leave it there for now

okay so what we now have is essentially this old demand zone has now flipped to

supply we've reacted we've pushed down so we now have another poi to look to

short from which is this the right rm15 extreme within there so i'm going to

leave the order there i like that uh we can continue to pay this forward let's

see coming into the end of new york

i don't really want to be shorting from down here

spread hours gonna try and just a little bit clearer now just i'm just gonna

stick to the really sort of high probability positions

as fast forward towards london okay so coming into london obviously

heavily bearish ideally price will come back up here for shorts but it doesn't

have to we've got old demand zones down here

right they just provide potential reaction points for long so we can be

quite aggressive with shorts until we get there

so let's have a look we could just

i know i said it sticks to really high probability ones but

let's look at that right swept the liquidity behind here

so i could sell them on that

stop above the high probably just go above that wick be a little bit more

conservative because it is an aggressive trade it's less than six pips that's

cool clear foot

we haven't quite reached a mine yet so again you could be aggressive here

right but like i said i kind of want to because that swept the highs you could

sell on this wick but i'm not going to take that

okay oh yeah so we are we are in demand we're not for our demand so we could be

aggressive here right we've had a sweep liquidity we've had a bullish change of

character this near supply level failed uh we've already broken below this cell

to buy wick flip zone so the extremes here so we can put a limit on the

extreme there

where's the uh

i can't see the bi level i don't know if i'm being blind oh there we go

that's the entries the stop must be below there there is

how tight is that three perps will go just below okay

all right um

tell you what i'm going to take some partials from those ones at the top

let's just close another 50 and then we'll close that one as well 50

we can leave that risk entry on the top i'm going to close

no we'll leave that because there's a four hour counter there screw it

if we get tagged in on that i don't think we did

i didn't get tugged in might come there see

now i'm going to cancel that order okay uh

yeah i'm going to cancel that as well that's too aggressive now coming up for

our demand so 43 is gone and we'll save that to the risk entry

uh let's see if this holds or not yeah smash

ah okay so that's gone supplies clearly failing

we're coming up for our demand love that reaction we've cleared this four hour

candle here as well so that's a decent move we could be coming up at least back

up towards this buy to sell range uh we've obviously structure shifted

bullish what we kind of have right is this range

here price reacted pushed down and pushed up

so we have a flip zone here

right that's swept liquidity behind this low

draw on it's not the best right it's not really the best but yeah i'd count that

as a sweep zone

so let's buy limit roughly stop below the

low we'll roughly go 25 percent about there

okay so yeah let's play this for our pull back and we can target around what

level is that around yeah so let's see how that goes again trying to do this

pretty quickly bring it tagged in

only news not for another day in a bit uh pushing up higher

how much of a pullback was that

not that sizeable it's a straight push i mean those lows just look like they you

know that's building liquidity for below so i like that as inducement yeah i'll

leave the order on let's see here we go

session timing coming to london uh we've reacted we have a bit of change

of character not yet okay now we've had a bullish change of

character okay so it's probably not going to come back so we've taken out

this high here all right see how that was in the

movement up movement down and then we broke it

so this was a arguably a flip as well right

because it's not the best in the world but essentially we came into this supply

all right reacted pushed up we've had a bullish change of character we've

mitigated the supply zone we've swept liquidity

so yeah we can look for a along there i'm going to cancel this one and put a

buy limit here

it's quite an aggressive trade but roughly 25 let's see we can go

oh no don't miss me again oh

how many trades have i just been missed and just been stopped out of as well we

might come back but we're gonna regret saying that now

they get stopped out yeah there we go right so yeah the wick obviously well

with the benefit of hindsight was of a lot higher probability that was the last

mitigation right came into this level here

uh we could enter it mark it but yeah that's that's getting a bit aggressive

now we'll leave it there right that would have been a nice trade sweep zone

inducement below it yeah that would have been pretty tidy

probably going to move off from there oh that spiked as well yeah so

probably should have checked if we mitigated something on the m15 what we

come into

uh broke higher than that level so we haven't yeah we haven't touched the

previous for our range either it's not really hitting anything too

clear in my opinion so interesting um

okay well we've swept liquidity we've broken straps to the downside so

potentially that's it that could be the pull back over

had a bearish four-hour change of character

uh well now all those counters broke the

prior counters low i think so it's technically not internal structure

i'm just trying to basically what i'm trying to work out here is whether or

not to start looking for sales right is the pool back over

um but what what i'm skeptical about is right is we haven't mitigated anything

that's clear to me on the m15 or above

so this could be inducement for a higher above right but it's pro trend let's do

it let's put a limit on it

but i do think we'll probably come higher see but that's worth the risk for

me it's pro m15 for our trend

we do have this decision here see

um we'll just leave it we'll leave it on

the extreme let's try this a little bit quicker

what's the time agent session it's got this level here

but you know it didn't take out the low so really that you know the theory

should be a weak high it might hold out

yeah it's getting wrong see see how this high

fails to get this low so it's not really a great level to be shorting from

spiked from this decision here but i'm going to leave my order on the extreme

hopefully we can get tagged in up here see how we go

uh coming to news what users it fmc i'm not trading through that

so limits can go uh

yeah leave the trades on oh is it going to play out see what fmc

does

yeah that was lucky we didn't take that so we came down lower we mitigated this

extreme for our demand zone and we've now pushed up so

gonna be looking for price to come up into our extreme

supply zone up here is that the extreme extreme

yeah so i'm gonna work a limit on that extreme because this is the extreme

m15 supply within this box here okay uh there's no inducement it did sweep

the high however so yeah because it's extreme i'm happy to

be more aggressive in those areas but ideally it would have inducement it

wouldn't be such a clean push which it doesn't have roughly go 25 percent

so eight pips go a little bit higher there we go cool

okay um

uh we've continued down okay

four hour demands gone

i don't know what's going on now

all right so where are we in the higher time frames

we've tapped into this extreme zone here have we

not yet we've had tapped into the cell to buy

range but we could come a bit lower we've had another breaker structure

let's just measure that

yeah that's the swing pull back so let's see if we can get a four hour

closure below which we haven't had yet um but if we do this will become the new

swing high so then we have a for our poi here you see how we tapped into the buy

to sell range so we were looking for it to come higher let's draw this one also

going on essentially we were looking for price

here to pull back up into this for our supply zone

but remember it doesn't have to hit our refined supply it can come into the

whole biostar range which is what it did right so arguably that is mitigated but

we never know if it still could come up higher right

and hit a refine level but it's just to understand what's happening we push down

lower we have a new supply zone see how we swept these highs beautiful sweep

liquidity strong push down so now we can look at this level here it's a great

sweep zone but i'm always skeptical of these clean pushes right so i'll tell

you what we'll do instead of whacking the limit on that we'll see if we can

get the confirmation entry see what happens

big bit quicker now got one more week to go or so

um

okay we're coming into the extreme

i'm gonna wait for a bearish chuck if we get one if we even reach it i mean we're

in the buy to sell so we could go from here

um i don't like it but

we've had a better change of character we'll we'll take one

because it could go from here i don't like it though but you should prefer to

a bit more of a sweep but let's be 25

we'll take it we've tapped into the four rpoi so screw it

just hit all the yeah

oh just then we're out okay that's cool not to worry um looks like we're coming

up to our extreme zone um

yeah i'm gonna i'm gonna wait to see if we can get that's quite aggressive see

if we can get a better change of character

okay so you see how we pull back and then we've taken the high

that now means that this here is my active internal low because that's the

most recent low that took up the high so let's wait to see if that gets wicked

okay now it has mitigated the extreme love that right

straight into the

zone there i mean that's quite an aggressive v

shape so i don't like that maybe we are going to come up higher but this is what

i mean right assume the trend will continue until it

doesn't we had to break a structure let me zoom in you can see it this is our

most recent four hour high not most recent this is our swing high it's a

strong high because it took out the low so in theory the slow should hold so

let's take a short

on this so we're not going to draw wrong so i

need to speed this up um roughly 25 stop above the high we've had

our shock from the mitigation we should in theory be able to now target this

weak low let's see we get tagged in it's going to

pull back to us and we're in

let's see how it goes that's the session timing yeah we're

coming to spread hours which is not ideal hopefully don't get spiked out

it's not looking too good let's see if we can get towards london so what's

happening

we have this supply zone here all right so you

started to see bearish autofocus holding it is messy

taking out this low this is kind of how i'd be analyzing it

was coming into london at my desk right but we have this one up above so i'd be

a bit cautious of that that's kind of the last mitigation of

maybe set an order on that if i wasn't already in

okay i'm pushing lower but then you have this one as well

so it's not super clean but if you wanted to get aggressive here because we

have comments extreme you could look at those two pois

um

yeah that one's held

see if we can try and see if we can take out this low really first

it looks like we're building a lot of liquidity to the upside but supplies

holding it's holding what high impact music we got

powell's speaking um doesn't look like it's about fmc so it

probably won't okay standing off now

uh yeah it was pretty messy but you could see supply was holding right so

intraday opportunities there if you're an m1 trader right just keep trading

these and you can look but it's not great it's not the best of price action

we push down here so this would be our last poi so yeah i'll whack a limit on

that uh the original position basically going

to hold full volume down towards that low we should take it out in theory

right we've traded from the strong high we can target the strong low uh but

let's look at for a scaling this one's not great again didn't sweep liquidity

doesn't have inducement but just following all the flow at this point

pro trend happy to take it let's see if we get tagged in

we have a flip zone here

but then the super coolity no inducement so it's not the best but

let's see what wrist award we can get

all right i'm gonna go on eq just because

i want to rest all to be on my side to target the low

put a tp on the low what can we get there

uh yeah over 10 to 1 rr i'll take that probably will get slapped

yeah we're out okay we still got the limit on that one

let's see

spread hours coming into monday now new week

so same thing nothing's changed okay we're selling off

are we made to get anything nothing really

yeah i mean there's no clear counters there to really look for sales just

leave that alone haven't taken up the low build those equal lows you see that

right react to the wick and the weak low it's a weak low because it's failed to

make a high price reacts to it induced buyers into the market they have loads

of cell stops below these lows right boom all gets smashed

so yeah still down the leg now we need to be looking for shorts but you could

look to potentially look at that last mitigation there

see if we can take out this four hour low yet

not quite there's not even a bullish change of

character to look for a hedge see if that surprising is going to hold

yep right see how we again same thing that

we had over here look at this we had a weak low

all right see don't be buying from this price reacts smashes liquidity below it

same thing could be happening here right we have this extreme weak low right why

is it a weak low it's a weak swing low because it failed to take out the swing

high price reacts from it to build liquidity

right so you can trade these reactions right you know if you're trading in the

m1 or whatever or if this was a four hour zone you could trade an m15

confirmation from here but you have to understand if you're doing it get

aggressive get out of that trade at the next supply zone or partials or whatever

you want to do it do not expect this to go on and form new highs all right let's

see this low can go and then we'll or maybe not maybe it's going to push up

higher [Music]

see

we're coming towards the end of the day

are we checking out the low not yet come on building more liquidity triple

bottom now and there we go right so this one here

these i'm just gonna so that was the limit let me take that off

never got tagged in this cell from extreme i'm getting low

on the leg now so i'm going to take off 80 of that

uh these are the ones i'll tell you what let's see if we can

take out this extreme low and then we'll probably exit full volume on those

uh see if we can come into this refined demand zone we might get a decent

reaction from this let's see i don't know we already tapped

into it yeah already tapped into it there

cool so let's just make sure we get for our

closure but at low yeah definitely looks like we're going to

oh maybe not um

okay

so we have this extreme for our poi which should be ideal price pulls back

up to right for this last week of the month

we have to be aware we're an extreme sort of this extreme daily low down here

so don't be too aggressive we have this zone as well

excuse me so these would be the kind of the two main four apis i'd be looking at

so let's clone this actually to uh so you can see where there is that's up

here and then the other one as well

um price actually not very clear up there so ideally we want to be looking

for shorts within this for our poi but we do have lower pois on the leg

right we had this mitigation here obviously price could come up into the

refined supply but it was a nice sweep zone

all right price swept pushed down came back up on mitigate another push down so

this is the last mitigation so it could be a bit aggressive but yeah

the high property ones are this for our poi right this level here and then this

level up here uh this for our demand i expect to now

fail that we're reacting from why because we had a big reaction from it

right we tapped the orders we pushed up and now their reactions failed it failed

to put in a higher height it failed to take out supply supply still in control

so i'm not really paying much attention to this now

so we can be a bit aggressive here

again if you want to have your strike rate as high as possible you know you

don't want to be doing this i've got 25 um you want to be looking at the 4-hour

pois okay but you know you can see the logic

behind us this is the last mitigation swept the liquidity behind these highs

nice decent push but there's no inducement which isn't really that ideal

so could get slapped here see he's gonna pull back what news is

that testify yes just power speaking it's

nothing no big deal or maybe it is

let's see okay that's hell and we're taking the

low so i'm going to take heavy partials on that because this is an aggressive

trade in fact i'm just going to get out of it

four partials there eight percent i'll take that all day

cool um

we could come into this now all right it's just getting very messy right we

swept these lows aggressive retrace back into this supply zone right follow the

mitigations uh

i'm just going to leave it see if we can come up into this four up here why did

he

i just want to get through this week reasonably quickly now just don't want

this video to be i have no idea how long i've been going it feels like about two

hours okay so we've taken out those daily lows

so boom let's let's take some pretty heavy

partials now um [Music]

we've already taken partials we can just close 50 of what we had left

50 and then

i forgot which one is which now and that one there 50

[Music] cool so

try not to sneeze i really need to sneeze uh we're taking out the low

um where's our next four up here why it's here

all right so let's clone that to uh

okay what can we trade from in here well

we've got that's been mitigated that's been mitigated so we have this zone here

probably refinance wick swept the liquidity behind this high

all right no inducement let's see our price pulls back up to it what news do

we have power speaking again what is going on this week speaking a lot

okay it looks like i'm just dumping uh what's the time yeah coming to new york

so we can be a bit more aggressive because momentum is likely to continue

just trying to see what kind of probably this one here because

it has inducement yeah i don't really like these ones are

too long on the legs let's put a settlement on that

what's the next news we've got so look at a sec

we have him speaking again yeah i don't know what's going on that week

okay we just dumped off from that decision there not to worry is what it

is that wasn't super high probability in my

opinion but this is what i mean right if it comes into session opens that was

kind of bang on new york opening you can be a lot more aggressive with these pois

uh especially momentum's like this right and then yeah we're absolutely selling

off now so i'm gonna pull that order let's see how far we're gonna go we'll

just do this to the end of the end of the week and then

wow okay i don't really want to be selling the slow on the leg

i've even been thinking about long zone until we see some clear

sustained bullish water flow with demand holding

spy okay so this is what i mean right you can be aggressive here so

there'll be sweep liquidity um it doesn't look like we did no we didn't

sweep those highs so really

i mean so with continuations right what you want to see is you want to see

structural liquidity get swept which you did here but then price pushed down

mitigated that supply and it's pushed down so whereas if i had to come up

again and if i had to swept that high if i drop them properly

if i had to swept this high i'd be a lot more confident to want to take that

short but because it hasn't yeah it doesn't fill me with a lot of

confidence to want to put a limit on that

yeah swept it now okay

so we could yeah it's just not clear right it's not i'd want to see that logo

really it's just messing around but yeah we've dumped okay but that was

aggressive short we should have taken but you see how once it swept and then

it was ready to go all right

it swept the high but there was no british change of character really but

essentially it pulled back up into that bar to serbia it's very very aggressive

trading uh but we have now another four-hour poi

here so now we've got something a bit more you know uh

substantial to work with right the zone we were just looking at

so we can clone that on what do we have within here we have that supply zone

all right it's kind of mitigated though it's not yeah not that clean

but we can put a limit on that just because it's

near the extreme and it's swept liquidity 25

okay let's go

what news have we got powell doing his thing

okay yeah so it's coming to the decision again fair enough

did we sweep that high

does it look like we did no i won't be too keen on selling from

there then

um might go from here see

yeah that would have been a nice entry don't like any of this price action now

though kind of waiting for let's see we've taken out this low

it's probably not i'm trying to speed up for the sake of the video time but now

i'm missing sort of what's going on with the price

action we haven't taken out this low so technically this is a weak high so far

so we want to trade from that um

yeah let's just leave it

uh nice equal highs as well to be swept into our poi what news is coming up

nothing too major

or is that gonna what news is that

cool pc yes let's leave it that's not there's no point in taking a really

aggressive trading time picking you so we'll get rid of that limit

uh see there's four up here i can hold if it doesn't hold i'll probably take

some more partials on these trades

okay looks like that would have been a nice sell so far

price action's super messy so don't be trading any of this let's bring on to

okay and that's the end of the week so i'll tell you what that brings us to

october so let's exit all positions

cool so i mean 100

yeah i mean here's the thing right

the r is there i don't feel like at you know hopefully at this stage of the

course you guys need to be proved that the the purpose of this video was not

really to say you know look at the insane all you can make because you

should know that you know already by now in reality

trading is not as easy as this right there's going to be tons of emotions

involved you know always going to be at peak performance right you're going to

miss trades you're going to mismanage things it's not going to be easy to just

hold on to these trades for this long right we've gone through an entire

month's worth of price action in a few hours okay so i'm not going to you know

this isn't to sit here and go look you should be making 100 every month right

yeah you might be able to do that on a 500 account but when you're training

serious capital you know you have a life to fund a real life you have financial

obligations you're not necessarily going to be holding on to all these trades for

that long okay but it is possible it's there it's

doable you're limiting beliefs you know they need to be raising wherever that

limit is that bar and pushing it to the upside right you know that i i got rid

of most of the volume of most of these trades at the nearest 4-hour low whereas

you know if you held on you know i'm not gonna do the math for

you but there's a lot there right but the logic's there hopefully you guys

understand it i did take quite a lot of aggressive trade as well just to kind of

show you that losses really don't mean anything yet um like if you go on a

massive loss streak you know it it really doesn't mean

because the risk reward is on your side okay um

also um you know

with those aggressive trades i tried to point out reason why they're aggressive

and i try to explain to you you shouldn't really be taking these if

you're not consistent because there's no inducer on the leg they didn't suit

liquidity but the time to do it if you do want to

be aggressive is at you know those session timings ideally at the start of

the london or the new york session where momentum okay is on your side rather

than doing it during the asian session where you're much more likely to get

swept out during corrective moves but yeah is what it is my um uh goal with

these is kind of i'll probably do this maybe for each kind of month going

forward so we'll do a recap of the hard time frame price action uh maybe i'll do

the next one on trading view uh which obviously isn't as great for kind of

recording trade stats and stuff but it will allow us to kind of analyze price a

little bit clearer uh and um uh you know we can kind of probably

understand price action a little bit easier rather than it is on kind of

doing on soft effects but there you go you can kind of see the equity curve

pretty smooth up to curve there right um you know closing closings the balance

stays pretty near the equity curve which essentially means you're closing your

profits and you're letting equity run away uh and try and kind of swing for

the fences on that and then you can look at the the statistics here so um

yeah pretty decent strike rate there uh we had 25 wins

uh 15 losses uh i'm trying to see where's the

so five losses in a row you know if you had those five losses at the start

would you be down in a strategy would you be doubting your own ability um you

know you probably would and it just goes you've got to keep executing um keep

following your plan yeah and just trust in the process and it is there so i'll

leave that there this is a pretty long video um but yeah we'll do a few a few

more of these in the future i hope you took some value from that and i will see

you next time cheers