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all right so now we should be ready to essentially apply all of that
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theoretical concepts that we've gone through from every lesson that you have
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now watched so far in this technical analysis module and we can start to
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slowly apply that to the charts on these realistic uh
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price action examples so obviously the main way we're going to be
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concentrating on uh using supply and demand zones is by looking at those ones
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that lead to breaks of structure so we're just going to keep it super simple
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take one time frame at a time again as always starting from you know
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our top time frame and then slowly working our uh way down so
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this was the range that we were looking at but um what i'm actually going to do
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is just quickly go through back a little bit of price action just to show you you
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know again how this literally just applies to any time frame you are
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looking at so if we look at this big uh weekly breaker structure here to the
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downside um as we can see right talked about the decisional and the extreme
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right obviously somewhere up here is that extreme weekly supply zone which
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price has come up nowhere there since it was created uh back up here in around
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may 2014 but then what do we have down here we
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had this buy before the cell that pivot created demand so if i draw this on
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right so you can draw it from the bullish candle right all the way up to
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the wick so i'll just zoom straight in so you can see what i'm doing right this
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bullish candle to the wick there and i'm just putting my
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weekly template all right and that is your essentially your pivot created
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supply that led to the break of this major weekly low here and then we can
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drag that across and we can see that's where price spiked up right takes a
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little while to play out so a little while on the weekly chart right just a
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few candles but of course if you're sitting through this on live chat and
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that's from what the 22nd of january until about uh towards the end of april
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before that price actually starts to move so this is another thing you're
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gonna have to bear in mind when using multi-timeframe analysis when in the
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live market price can enter a weekly zone but you can be trading you know day
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to day for months at a time before that zone actually starts to play out right
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you have to kind of think of you know that cruise liner in the ocean trying to
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turn around if you're looking at the charts you know
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every minute day by day it's going to take a hell of a long time and sometimes
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you can forget where we are within the hard time frames and actually this is
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what's happening it's generating liquidity it's taking time um whilst
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those orders are exchanging hands before eventually that weekly supply then takes
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control and then you end up seeing that weekly trend change right where we then
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get uh
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that weekly uh break of structure there to the downside and then the weekly
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chart switches bearish again right when we're back down here
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when when the weekly chart was bearish from this huge run back down in 2014 and
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then what happened price took the low it goes below the low which means that we
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then had a high wiki being the highest high up here and we got that break of
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structure uh to the upside right so then when price trickled down for almost two
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years what then happened it came down to the extreme so we draw this on all right
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so we have essentially this entire range right you can take the whole range or
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you can start to refine it a little bit because really what this range will be
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is more like a monthly pivot or a monthly candle so we want to be a little
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bit more accurate we can kind of see you know if you look at the price action uh
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what happened what price came up right it's come back down mitigated any demand
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within there it's had a minor break of that high there it's come back down and
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it's mitigated any of the demand in here and then the move went so really this is
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where we can then refine that range it's kind of where that last pivot was of
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whoops of where that kind of last sell before the buy
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came in with that demand that true weekly demand stepped in
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for price to then lead on to causing that break of structures upside and
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causing that weekly trend change so you can see you know the the the the larger
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the zone that you take you will see price react to it but it can be quite a
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while before we actually get that that large shift in price traction right so
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this is going to way you're going to have to it's going to be
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different for every trader i've kind of tried to speak about this a little bit
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before when we've been going through the the theory videos that there are you
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know multiple ways in which you can draw your supply and demand
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and it's just going to depend on each individual trailer so what i mean by
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that is we've taken quite a large pivot here right the largest cell before the
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buy and that's a completely valid demand zone but it says large zone right if i
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just measure that in pips that's 300 and you know roughly 330 pip
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range to play with it so the moment we come down in here right and we start to
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react you can start to look for longs and you can trade these reactions
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because on the weekly chart that only looks like a tiny little move but in
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reality let's see that moved you know
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what's that 30 pips i'm sorry 301
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yeah 301 pips that is that's a 301 pip move sorry so that's quite a lot to to
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trade from an injury basis right if we can be entering in on the lower time
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frames that's a decent move to be taken in but then we have to realize that
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actually once you refine the zone to either the last level before the buy
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then that's kind of where that true move can happen and that's where you can you
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know increase your accuracy and your strike rate and your reward to risk
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ratio so this is another little thing that we
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haven't spoken too much about but if you refine your multiple can or pivot
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zone into just that one candle the last cell before the buy this is completely
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valid so if i zoom in and show you right to draw it like this but however another
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way you can kind of um draw the zones which is essentially you keep refining
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it to the next candle that is then engulfed so you see in this case if i
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refine it to this candle the next candle then does close above it so there's kind
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of not a super strict way in which you do it you can count that as valid so the
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last cell before the buy or you can refine it to the next candle that is
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then engulfed right so technically you know if you're being super super strict
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demand should be drawn from a bearish candle or a bearish range that then
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causes the bullish move so in this case you're drawing demand on a bullish
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candle a bullish candle before a bullish candle so if you're being
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very strict and very you know true to the true way demand and supply should be
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drawn this may not be valid but this is a very
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very uh valid refinement in my opinion and i've tested
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this load it works more than well and just to keep refining that to the candle
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that then gets in golf decay so both are valid um it's up to you to find what
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works for you in this case so as we can see um you
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know price took this low here so in fact it was actually bearish right because we
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took that high so that's when we switched bullish but then we switched
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bearish again we came down to mitigate that demand and then that led to another
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uh break of structure over here so why not draw that on
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right and then that pretty much brings us to the range that we've been mainly
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concentrating on this whole time right but one thing did you notice
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why or let's okay let's take this a little bit so when we had this pool back
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here right we're clearly in a weekly bullish trend right we created that
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higher high we had a nice shallow pullback right with all that
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momentum how likely are we to pull back to the eq potentially not so likely
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after that first initial trend change and we mitigated you know that that last
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area of demand right we've seen that big injection of bullish capital that demand
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stepping in shallow back and then we get another break of structure giving us
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this weekly high and this weekly low when we get the weekly break of
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structure right what do we expect to expect a weekly pullback how can we
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anticipate the weekly pullback we get a weekly change of character where we take
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the high and then we take the low and then we get that daily trend change
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which initiates the weekly pullback right what's another thing we can use to
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anticipate where this weekly pullback is likely to occur supply and demand zones
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right so obviously for a bullish a bearish pullback in a bullish trend we'd
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expect price to come and mitigate supply right so
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we're just running this in a little bit we can focus on this fresh weekly supply
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zone that led to what led to that break of structure so if we draw on our weekly
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zone and you can literally take the entire range from the lowest point to
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the highest point and then draw that across you can see as soon as price came
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in you start to see that sensitivity and price action you start to see some of
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that supply from this range start to be filled right but obviously price can go
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a little bit higher and it ends up mitigating the eq of that range you see
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how it pretty much hits bang on the 50 of that entire range that is what you'll
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see happen often a lot with these zones these range created zones or even just
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one candle you will see that price loves to hit the eq and before it kind of you
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know gets enough of those orders mitigates 50 of the range and then we
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see that move there but how could we have also refined that range where you
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could have refined it to more of the pivot right so you can see here if i
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just do that now so from that candle this high to that low
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what do we have well we have price come down
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uh get the pen tool to work there we go price comes down right it comes up and
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it comes down again and then you get that last buy range right before the
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cell and that can kind of be your pivot there or you can refine it a little bit
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more and you want to take the last buy before the sale which is also valid or
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like i was just saying right because the next candle fails to close below that
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wick um a lot of people can then refine it to that candle there and that can be
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your most refined way essentially of refining
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that range down to that one candle right so that would be i guess your most
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refined uh sort of hallway but then if you want to be a bit more fractal and
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refine it even further what can you do you can refine that to the wick right
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um because obviously this is a bearish candle and like i was saying right
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technically supplies should be a bullish candle before the sale right um i still
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view this as valid this definitely works you'll find it from the testing it does
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as well but then sometimes what you can do is if you see that it's it's you know
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the only candle that is then engulfed like we have here was the bearish
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counter before so it's two bearish candles right it doesn't make sense
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because it should be the buy before the cell then what you'll often find not
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always but what you'll often find when that happens is that you can then refine
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it to the wick right could do that fractal refinement because on a lower
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time frame this wick here will very likely have that bullish candle in this
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wick right that then gets engulfed and then if you were to you know go and look
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at that wick on a lower time frame that that up move here will be a bullish
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candle followed by a bearish candle on the daily or the four hour right so on
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and so forth so we're getting a little bit lost in the
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detail here right these are very very extra kind of little refinements they
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don't make a massive difference this is kind of for you more advanced guys are
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you guys kind of further on in the journey it's not it's not the be all in
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the end all what really matters here is that you've refined this whole range
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which is probably more likely to be a big monthly candle right and you just
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refine that down to either that last pivot right that kind of last
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bullish bit before the for the cell or you can refine it all the way down to
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that one candle okay just to be a little bit more accurate
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and then we spike into here and then what can we expect right so now we
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expect that pullback we get our change of character and we can expect price to
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pull potentially back down into the discount now what can we look for for to
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help increase the probability that that weekly higher low may be in
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place when it's in the discount and we can wait for what that change of
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character we get that minor bullish pullback price comes down to formula
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minor low and then we take the high rise so what happened there is we had a minor
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low took the high that's a weekly change of character which we know now was our
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daily bullish trend change but how could we have anticipated ahead of time how
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far we were likely to pull back well we can look at one the most unrefined way
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would be to take this entire weekly range right
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so you can see here as soon as price comes in there's a bit of a reaction but
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some massive master zone right it's more of a monthly candle we want to refine
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that down so what we can do is refine it to that last cell before the buy right
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and you see in this case it gets engulfed so that's kind of your your
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really true way in which you should um you know technically join us your your
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uh demand zones now you see here how i've included the wick of that bear of
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the bullish candle um you don't have to do this but you know it's the way i do i
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would advise you do it because what's really happened right is price has been
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selling selling and selling right that weekly counter closes but that doesn't
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stop price keeps going down in this candle here and then the demand steps in
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right so that's why i always include the wick because what can also happen right
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is if you only draw the weekly zone just on the bearish candle
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what can sometimes happen is price didn't in this case or at least so far
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um price can come down it can come a little bit lower than your zone and it
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can react to the demand that's within that wick and then price can go so
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that's why i would always advise you do
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cover the wick in that case okay so
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very simple terms what's happened well we started a bullish trend right broke
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that high we mitigated an old area of supply so that's what you'll find right
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when you know excuse me when we were back all the way
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over here price then led when that supply came in
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it led to the break of structure if we were looking to trade the market
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back then and we see that pullback right we could anticipate that price may want
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to come up to that that origin that extreme supply zone that led to the
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breaking structure down here right and then we can look for shorts then
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continue that move but of course it doesn't have to do that but that doesn't
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mean that this is now invalidated because the price then continues to
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trend to the downside nope that supply will still be valid it just means that
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we can use it at a latest later date right so then when we start to revisit
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those prices over here we can then look left see okay we have an unmitigated
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area of uh weekly supply so unmitigated essentially all that means is that it's
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fresh price hasn't touched into it right um so now what you'll find in a bullish
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market is that previous supply zones will just lead to pullbacks right so we
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can expect a decent bearish reaction from here
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but market structure and expectational order flow is more important in terms of
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we expect this low to hold so although this is a strong area of supply because
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it caused a break of structure because we are still in a bullish trend
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now it's just to initiate the pullback we don't expect it to necessarily break
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the slow right purely just from a weekly market perspective we expect this just
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to initiate the pullback and for demand to stay in control and for this to hold
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and for price to form a higher high now of course that doesn't have to happen
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we could see this logo but that's the blind assumption that we run with until
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proven otherwise that demand is in control in a bullish market okay so
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that's one way you can draw the weekly demand zone as you can see that's what
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price eventually led to react to but you could have also been looking um you know
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at the last more of the decision all right this so before the buy or you
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could have refined that further right to the actual candle that gets engulfed
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right this you can see this candle then gets engulfed and that's absolutely
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valid um you know make sure you include the wick and that as well the next
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candle and you can see here right there's reactions from there and you can
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use this as tradable knowledge but you have to understand that price could come
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lower like it ended up doing to mitigate the actual origin or the extreme
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or another way you could refine this uh single candle even further right because
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remember when i said demand should really you know technically it should be
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on a on a bearish candle before the bullish move this is still valid for me
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but if you're being super strict it should be so then what some people do is
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they will just do the fractal refinement instead
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if we get it to work there we go down to this wick why right why would they do
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that well because on a lower time frame that wick is going to have at some point
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on one time frame it's going to be a bearish candle that then gets engulfed
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right and then that's why we see this reaction here but it's just a
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short-lived reaction uh in terms of the weekly chart and we go a little bit
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lower because it wants to mitigate uh that extreme demand zone down here so
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i'm going to keep it simple for now and just leave that one drawn on but i just
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want to show you you know it's not always black and white um you know
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sometimes in live market you can spot multiple zones you can see you know
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various ways in which you can refine it um but that's what we'll use
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multi-timeframe analysis to help us do right you don't have to just be stuck on
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one time frame going you know do i show from this range do i take the one candle
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do i take the wick do i take the cell before the buy right you can be aware of
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all of it so you understand what's happening when price starts to react to
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certain points in the market but what we will do is we will drill down into the
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lower time frames and we will investigate what's within this big
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weekly zone like this big cell before the buy and then we'll use those time
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frames to help refine it even further but just purely from you know the weekly
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chart we can just leave it that we can leave it unrefined we can leave it as a
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big zone like this and we're just aware that all these four or five weeks when
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prices tapping into here we can be aware at any point that weekly high low is
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going to kick in but we'll look within here to look for those lower timeframe
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zones right to help us time that potential weekly high low and that
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potential weekly higher on so that's pretty much where we are at the
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moment with the weekly chart so i'm going to leave that for there for now um
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and we're going to dive down into the daily chart and see if we can
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you know see how price action reacted with all of that weekly price action so
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obviously that was the weekly zone here let's quick scroll across now we had see
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as well you can refine us even further so could we refine this weekly zone to a
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daily zone well you could take um you know this entire kind of cell before the
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buy that whole pivot there right or we can refine it to uh that doji that
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probably includes the top wick um or you could refine it even further to actually
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the candle that then gets engulfed and we can do something like that and then
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if we drag it all the way across let's see if price does actually come up to
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mitigate that so as you can see price then taps into that daily zone nested
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within the weekly zone right so
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price for them reacts from daily supply nested within weekly supply rights
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mitigated the eq of the weekly range then what do we get we get that daily
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change of character right when we break that minor daily low which would most
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likely be what our four hour swing low so our four hour bearish trend change
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and then eventually we come down into this daily low and we get a break and
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close below that daily low to give us uh our daily bearish trend
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change right so the daily is now confirmed bearish and
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that is where we got our weekly change of character and now we can really start
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to anticipate that weekly pullback down towards the discount of this
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uh bullish weekly leg right and then down into our area of weekly demand
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but what do we have purely from a daily chart perspective to potentially
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anticipate where the daily chart may reverse from or at least get a bullish
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reaction well we have this pivot created demand right this cell before the buy
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that leads to the break of that weekly swing high so we can draw that across as
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well and what do we get we get a very very nice daily reaction right but we
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have to understand is this whole time it's just a decisional price can
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definitely come down to any of these areas of demand within the extreme and
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come down towards this weekly zone so these are still tradable because as you
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can see we get really nice sustained daily move that you know at least from
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an interstate perspective as well we can take advantage of but you have to manage
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about the expectations in the back of your head that potentially it's just a
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reaction point to then generate liquidity for price to then come lower
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um right because once this area of demand has been mitigated remember what
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does that mean it means all those buy orders all of that demand sitting within
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here has now been filled and that causes this move here right whilst demand
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temporarily over power supply but because we are still in a bearish market
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because this is the daily swing high price fails to close above it right so
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the daily has remained bearish right and then we come lower
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because we're in that bearish trend the entire time
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daily supply is in control so when we come up here and we fail to close above
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we grab that liquidity and we start coming down we assume that this is a
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weak low but what else what has also happened from a demand perspective well
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all of those orders have been filled so now when price comes down right there's
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nothing stopping it because this has already caused that move away so now
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there's just pretty much a vacuum for price to smash through and that's why
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you see these big bearish candles for the most part right because there's no
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demand until we get down to here because what do we have down here
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all right we have this inside bar right you can either take that hole it's
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pretty messy price action but you have this whole big cell before the buy
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candle right which you can see if you get another reaction from or you could
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refine that down to the inside bar right still
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include the wick or you could refine it to just the candle of the inside bar
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there we go all right because remember an inside bar is just a range on a lower
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time frame um and these are very good uh you know
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uh candles to keep an eye out on now you can use an indicator because as you
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can see here they're colored white for me i'll put a link to that in the notes
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below the video and you can put those on your charts and it can really help you
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just to spot them at a glance so
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again this is an old area of demand it's still fresh
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and we just expect a reaction we expect a pullback to initiate from there we do
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not expect the daily to go on and make a higher high and have a trend change
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right because we just expect the daily trend to continue until it doesn't right
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we don't try and second guess too much so when price comes into this inside bar
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that can help us to either manage any shorts we're in right well it
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doesn't really matter it's just we just use it as training information right so
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you can either use it to manage any shorts you're in to understand a
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pullback's about to kick in or you can look to play those counter trend daily
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pullbacks and you can look to potentially getting along here but just
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managing your expectations that it's just a short term pullback a short time
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they've moved and we're likely to come lower because now the demand has been
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filled the demand has been cleared so now when price forms it's lower high it
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does what it needs to do right
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now it can smash straight through because there's nothing stopping in its
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way until what until it encounters more demand to then initiate another bullish
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move right so from a daily chart perspective what we have started to look
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at within this massive weekly zone to help refine us right
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well we do have this inside bar here but you can kind of see it was already
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mitigated by this wick so it's not the best zone you can start to get a little
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bit more fractal and you can look within the wick of that inside bar because that
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would still be fresh so the wick of that inside bar is likely something on the
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four-hour chart and if i draw it across you can see you just get a short-term
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pause now it pauses there for three days so from a day shot perspective nothing
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happened it looks like it instantly failed but from an intraday perspective
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right we can use that as decent information but ultimately price came
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lower to do what to mitigate this large candle here right because remember what
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i was saying about um
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the true areas of demand should be the sale before the buy so if you drew this
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whole cell range which is really what we've done with the
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demands and right and we just refine it on the daily down to the last sale
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00:21:04,559 --> 00:21:07,760
before the buy that is definitely valid right and if we draw this across we
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00:21:07,760 --> 00:21:11,679
haven't come down there yet you may see a reaction but for me personally i don't
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view that as valid because when the stone was created where we had to sell
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on the 2nd of november and then it was engulfed by the buy on the 3rd of
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november right what happened the next day
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00:21:21,039 --> 00:21:24,720
well we had all of this demand created here and i would be looking at the
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demand zone but the very next day price comes down it fills all of those orders
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it smashes straight through right so the minute for me i see the demand zone has
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been spiked through that means demand has all been absorbed right it's failed
359
00:21:35,760 --> 00:21:40,159
price has gone lower and then the demand stepped in to go so for me personally i
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00:21:40,159 --> 00:21:44,320
would not view that as a valid demand zone and i would then um evolve that to
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00:21:44,320 --> 00:21:47,679
this candle here right this big doji here and then this is the candle that
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gets engulfed now there's two reasons why we may want
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to refine this daily zone to make it even
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smaller and why it would be valid um one because it's obviously a massive
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00:22:00,480 --> 00:22:03,840
zone but two remember it should really technically be the bearish candidate for
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the buy um no for me this is still valid but what you can then do is refine it to
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the wick just to make it a bit smaller but also because within that wick there
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00:22:10,720 --> 00:22:14,159
will then be a bearish count on a lower timeframe that that led to that bullish
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break and as you can see pricing came down into there and then that's when we
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00:22:17,440 --> 00:22:20,880
got what that daily change of character which was that four hour bullish trend
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change and all of those signs start to then kick in right we come down towards
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00:22:24,480 --> 00:22:28,400
the bottom of that strong weekly low that needs to help hold right we've
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mitigated the fractal daily wick we've got a daily change of character right
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it's the four hour switching bullish and then this is when we come in to our
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00:22:36,080 --> 00:22:39,679
daily it's still bearish at this point right that's our daily strong lower high
376
00:22:39,679 --> 00:22:43,520
it did cause a lower low so when price comes back up purely from a daily chart
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00:22:43,520 --> 00:22:48,559
expect a daily chart perspective what do we expect at this point we expect a
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00:22:48,559 --> 00:22:51,840
daily lower high to form right we expect a strong high to hold and we should
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00:22:51,840 --> 00:22:55,600
expect this to come down and take out this low right
380
00:22:55,600 --> 00:22:58,559
so what could we look at at that point is we could look at some daily supply
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zones and we have this pivot buy to sell candle here all right if i draw that on
382
00:23:02,960 --> 00:23:06,559
and what happens price does pause there right whilst that battle between demand
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00:23:06,559 --> 00:23:10,400
supply is occurring right it's battling with each other it's it's pauses there
384
00:23:10,400 --> 00:23:14,320
for one two three four days right but eventually price breaks up a bit higher
385
00:23:14,320 --> 00:23:17,280
so this is where you can see that supply is starting to fail and demand is
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00:23:17,280 --> 00:23:21,280
starting to step in and eventually we do break up higher and we get that daily
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00:23:21,280 --> 00:23:25,039
bearish bullish trend change right but it all led from kind of you know
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00:23:25,039 --> 00:23:28,799
starting to use multi-timeframe analysis now that price shouldn't break this
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00:23:28,799 --> 00:23:32,000
weekly low the weekly's bullish it's come down to pretty much the extreme
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00:23:32,000 --> 00:23:35,280
daily nested within the weekly chart we've got a daily change of character
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00:23:35,280 --> 00:23:39,039
the four hours now bullish right supply started to fail and then we get that
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00:23:39,039 --> 00:23:43,360
break of structure and then the daily starts to change trend right so at this
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00:23:43,360 --> 00:23:46,559
point in time when price is here we can be looking for shorts and it would be
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00:23:46,559 --> 00:23:50,480
pro daily trend but we kind of have to use lower timeframe confirmations and
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00:23:50,480 --> 00:23:56,400
that potentially know that that reversal may be about to occur right
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00:23:56,400 --> 00:23:58,880
so then at this point right if we just look
397
00:23:58,880 --> 00:24:01,600
at purely the daily chart i mean i've kind of missed some of the old price
398
00:24:01,600 --> 00:24:03,840
section let's have a quick look back up here right have we just jumped back a
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00:24:03,840 --> 00:24:06,720
bit when price started to change down here right we got this daily break of
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00:24:06,720 --> 00:24:09,520
structure and then what do we have purely in terms of supply well we kind
401
00:24:09,520 --> 00:24:14,159
of have this pivot created supply here but how can we refine that a little bit
402
00:24:14,159 --> 00:24:17,360
more you can refine it to the inside bar that would be valid right and you can
403
00:24:17,360 --> 00:24:20,880
see the price reacts and we push down further
404
00:24:20,880 --> 00:24:24,559
then we get another break of structure right price then pulls back we have this
405
00:24:24,559 --> 00:24:27,440
pivot created supply here right sometimes you have to include the wicks
406
00:24:27,440 --> 00:24:30,159
as well it's a little bit messy price will spike up a little bit higher right
407
00:24:30,159 --> 00:24:32,799
and mitigate something within here but generally you can see this is a whole
408
00:24:32,799 --> 00:24:36,720
area of supply that led to the break of structure price pulls back up into it we
409
00:24:36,720 --> 00:24:40,720
expect that lower height to form it tries to go down lower but then it fails
410
00:24:40,720 --> 00:24:43,679
right so it pushes up a little bit higher um
411
00:24:43,679 --> 00:24:47,360
it fails to close above that daily high so we do switch bearish but what did it
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00:24:47,360 --> 00:24:51,120
want to do it wanted to come up to try and mitigate some higher area of supply
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00:24:51,120 --> 00:24:54,960
then we came down lower and then we took out this low here right so there is
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00:24:54,960 --> 00:24:59,520
unmitigated areas of supply over here right this candle here and this kind of
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00:24:59,520 --> 00:25:02,080
up here in fact what i'll do is draw it on
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00:25:02,080 --> 00:25:05,840
so whenever these supply zones are created right they're not always going
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00:25:05,840 --> 00:25:08,480
to be mitigated straight away in that current bearish trend because you can
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00:25:08,480 --> 00:25:11,919
see price pulled up right it didn't come up to this one but what did it react off
419
00:25:11,919 --> 00:25:14,799
it reacted more kind of off these buy-to-cell wicks down here right some
420
00:25:14,799 --> 00:25:17,520
supply and a lower time frame and then we went down
421
00:25:17,520 --> 00:25:21,440
but these old supply zones now that we are bullish what do they become they
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00:25:21,440 --> 00:25:25,840
become reaction points so they're not continuation points because when we are
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00:25:25,840 --> 00:25:30,000
bearish price can pull back up to them and continue the bearish trend
424
00:25:30,000 --> 00:25:33,360
whoops but when we switch bullish and we get that bullish breaker
425
00:25:33,360 --> 00:25:37,360
stretches the upside old fresh supply zones just become points where we can
426
00:25:37,360 --> 00:25:40,720
anticipate pullbacks right but we don't expect them to have you know those
427
00:25:40,720 --> 00:25:44,480
full-on trend reversal moves it's just to initiate a pullback that supply is
428
00:25:44,480 --> 00:25:47,760
then used up creating the way for the trend to then continue right just think
429
00:25:47,760 --> 00:25:51,679
about it as like it mitigates it it clears the path for that demand to then
430
00:25:51,679 --> 00:25:55,279
continue up to the upside right so then again if i drag this across
431
00:25:55,279 --> 00:25:59,039
what do we have we have the buy before the cell
432
00:25:59,279 --> 00:26:03,200
price comes up over here and mitigate it it initiates a pullback but that whole
433
00:26:03,200 --> 00:26:06,240
time what is happening price is pulling back then into demand and that's why
434
00:26:06,240 --> 00:26:09,679
demand is respected more so we have this wick here
435
00:26:09,679 --> 00:26:13,679
all right you can see priceline comes into that daily zone there
436
00:26:13,679 --> 00:26:17,520
and then we get a break of structure now in this case the more you refine
437
00:26:17,520 --> 00:26:21,840
remember i said you increase your your risk to reward right so we had this
438
00:26:21,840 --> 00:26:27,120
origin demand zone down here where we're looking that led to
439
00:26:27,120 --> 00:26:29,840
this break of structure here right we'd be looking for price to potentially come
440
00:26:29,840 --> 00:26:33,360
down and mitigate that to form a higher low to then continue but it ends up not
441
00:26:33,360 --> 00:26:37,600
doing that it just ends up taking if we don't refine it as much and i draw it to
442
00:26:37,600 --> 00:26:41,360
the whole pivot right the cell before the buy we can see that that's what it
443
00:26:41,360 --> 00:26:44,400
um i reacted from so this is something that you're just going to have to kind
444
00:26:44,400 --> 00:26:46,880
of you know find within what makes makes
445
00:26:46,880 --> 00:26:49,919
most sense to you you'll get it just with time experience and data collection
446
00:26:49,919 --> 00:26:52,799
whether or not you're happy to always draw from the range
447
00:26:52,799 --> 00:26:55,200
and then when you're looking at this in the live market and price pulls back
448
00:26:55,200 --> 00:26:58,480
into your daily range you are aware that we could go lower we could come down to
449
00:26:58,480 --> 00:27:02,400
this single candle or we could even come down right right right down to the wicks
450
00:27:02,400 --> 00:27:05,520
to try and mitigate these wicks as long as this load is still held that's fine
451
00:27:05,520 --> 00:27:08,720
price could come all the way down to these wicks before we go and that will
452
00:27:08,720 --> 00:27:13,360
increase your risk reward um but you may potentially miss out on a lot of moves
453
00:27:13,360 --> 00:27:16,400
so the reason you know what some of you may want to do is you may want to be a
454
00:27:16,400 --> 00:27:20,159
bit more loose with your hard time frame ranges right take the bigger ranges but
455
00:27:20,159 --> 00:27:23,360
then you're happy to then jump down to lower time frames um and just you know
456
00:27:23,360 --> 00:27:25,919
wait for that autoflow to start kicking in on the four hour on the 15
457
00:27:25,919 --> 00:27:29,120
minute to then get in a little bit earlier but you accept that could just
458
00:27:29,120 --> 00:27:33,120
be a short-term reaction for price to then come lower and it may actually then
459
00:27:33,120 --> 00:27:36,720
want to mitigate the actual candle of the zone and then we may go okay so
460
00:27:36,720 --> 00:27:39,919
hopefully that makes sense um but it's just something that you you will kind of
461
00:27:39,919 --> 00:27:44,799
start to get with time and practice so we get another break of structure to the
462
00:27:44,799 --> 00:27:48,640
upside um and then we start to initiate that pullback so what is price reacting
463
00:27:48,640 --> 00:27:52,080
to it's starting to react to kind of the apex of the top of the weekly range up
464
00:27:52,080 --> 00:27:56,159
here now at first glance if you were to draw on the daily zone um you know you
465
00:27:56,159 --> 00:27:59,120
have this whole buy to sell so of course you know that would be the the most
466
00:27:59,120 --> 00:28:02,159
unrefined way of drawing the daily zone if you draw all across we've already had
467
00:28:02,159 --> 00:28:04,960
a bit of a reaction there we even had a reaction there we've come up high and
468
00:28:04,960 --> 00:28:07,919
filled more orders but i like to be a little bit more refined than that so
469
00:28:07,919 --> 00:28:11,520
what i would do is refine it all the way up to the last buy before the cell which
470
00:28:11,520 --> 00:28:14,880
you can see price reacted to um but then you may want to be even a bit more
471
00:28:14,880 --> 00:28:18,159
accurate because as you can see the next candle didn't actually close out below
472
00:28:18,159 --> 00:28:21,520
that low which if you've been super strict if you've been i keep saying if
473
00:28:21,520 --> 00:28:25,120
you've been very very very strict technically it should do um this is
474
00:28:25,120 --> 00:28:27,840
still valid the way i've drawn it like that as you can see it does work but if
475
00:28:27,840 --> 00:28:30,640
you you know do it the way where it should be the next counter should be
476
00:28:30,640 --> 00:28:34,240
engulfed then technically you should evolve the zone to this next bearish
477
00:28:34,240 --> 00:28:37,919
candle here right because then that candle closes below
478
00:28:37,919 --> 00:28:41,279
um but what did i say right when demand you
479
00:28:41,279 --> 00:28:44,640
know again if i'm being super super strict this is still valid to me but if
480
00:28:44,640 --> 00:28:48,080
you're being super super strict and you want your demand to be drawn on a
481
00:28:48,080 --> 00:28:51,520
bullish candle then what can you do to understand what's going on on the lower
482
00:28:51,520 --> 00:28:54,480
time frames is you can use frat door refinements and you can see what we have
483
00:28:54,480 --> 00:28:58,000
we have buy to sell wicks right because price comes down with those wicks it
484
00:28:58,000 --> 00:29:01,840
pulls back up right as we can see by the wick and then the candle comes down so
485
00:29:01,840 --> 00:29:05,600
what is that on a lower time frame that's pivot created supply so if you
486
00:29:05,600 --> 00:29:09,039
were to draw and get rid of the paintbrush tool your
487
00:29:09,039 --> 00:29:13,679
your zone from those daily buy to sell wicks right that is the most refined way
488
00:29:13,679 --> 00:29:17,919
of how we have then refined that whole buy to sell range down to that fractal
489
00:29:17,919 --> 00:29:20,799
refinement and you can see here price didn't actually mitigate it there just
490
00:29:20,799 --> 00:29:24,000
missed it and that is then what prices then reacting to is something on the
491
00:29:24,000 --> 00:29:27,120
lower time frames where there was that that buy to sell pivot that is what
492
00:29:27,120 --> 00:29:30,399
prices i'm reacting to here we start to get those changes of character and we
493
00:29:30,399 --> 00:29:34,559
start to break to the downside um and then yeah this demand zone um you know
494
00:29:34,559 --> 00:29:39,120
ends up initially failing so if i was to draw on this daily demand zone over here
495
00:29:39,120 --> 00:29:43,039
all right what do we get we get an initial
496
00:29:43,039 --> 00:29:47,039
reaction we'd expect a high load to form um but it doesn't end up happening
497
00:29:47,039 --> 00:29:50,480
supply ends up starting to take control right and then we move to the downside
498
00:29:50,480 --> 00:29:53,760
pull back up and then we get that daily trend change there right so there are
499
00:29:53,760 --> 00:29:57,039
supply zones up here which we could see which when prices then start to pull
500
00:29:57,039 --> 00:30:00,559
back to we can anticipate to look for shorts but you know as we said before
501
00:30:00,559 --> 00:30:04,000
when you get that first initial trend change momentum is very high it's not
502
00:30:04,000 --> 00:30:07,200
very likely price is going to want to pull all the way back up but this supply
503
00:30:07,200 --> 00:30:10,720
zone is still valid right i haven't drawn it on for price at a later point
504
00:30:10,720 --> 00:30:14,320
to come back up but if we if we were to right this is where price action is now
505
00:30:14,320 --> 00:30:17,360
in the live market if we were to start breaking structure to the upside and
506
00:30:17,360 --> 00:30:20,480
then come up to this old supply zone as long as price is still bullish when we
507
00:30:20,480 --> 00:30:23,440
get there what am i expecting i'm expecting just a
508
00:30:23,440 --> 00:30:26,960
reaction to initiate a pullback i'm not necessarily expecting that we're then
509
00:30:26,960 --> 00:30:31,919
going to go on to form a lower low why because market structure is king not
510
00:30:31,919 --> 00:30:35,440
supply and demand zones but market structure as long as market structure is
511
00:30:35,440 --> 00:30:38,720
bullish at that point uh the expectation autoflow for me is
512
00:30:38,720 --> 00:30:42,080
the blind assumption that we are going to stablish so we're just initiating a
513
00:30:42,080 --> 00:30:46,240
pullback now of course that doesn't mean that you can you know start to
514
00:30:46,240 --> 00:30:49,520
potentially anticipate ahead of time like this move up here that you know
515
00:30:49,520 --> 00:30:52,320
potentially we are going to get that reversal of course you can but you need
516
00:30:52,320 --> 00:30:55,120
to stack a hell of a lot of confidence when you're going to do that and use you
517
00:30:55,120 --> 00:30:58,960
know zones and all the concepts that we use across multiple time frames to try
518
00:30:58,960 --> 00:31:04,799
and anticipate right where that is potentially going to happen
519
00:31:04,799 --> 00:31:08,080
so daily chart is bearish we can start to look at all those old demand zones to
520
00:31:08,080 --> 00:31:12,159
petition to potentially anticipate where that move may start to kick in so
521
00:31:12,159 --> 00:31:15,760
obviously there was this daily range here right which you can then refine
522
00:31:15,760 --> 00:31:19,600
to the inside bar right just like that and then
523
00:31:19,600 --> 00:31:23,679
we uh draw it across like that now as i said for me
524
00:31:23,679 --> 00:31:27,760
personally i'm very very strict kind of with my zones and that the minute price
525
00:31:27,760 --> 00:31:30,320
spikes the bottom of it if it's the one zone or you know the top of it of a
526
00:31:30,320 --> 00:31:33,600
supply zone then for me technically it failed and it
527
00:31:33,600 --> 00:31:36,559
didn't work now in this case it looks like we went straight through and we
528
00:31:36,559 --> 00:31:39,919
failed um but this is a bit of an anomaly this one because i remember you
529
00:31:39,919 --> 00:31:43,440
know obviously looking at this on the live market um and actually
530
00:31:43,440 --> 00:31:47,360
it shows that that it did that on on our charts with the price action candles
531
00:31:47,360 --> 00:31:52,240
that it did move below the zone but all that was is at 10 pm gmt right when we
532
00:31:52,240 --> 00:31:55,679
had those spread hours when market liquidity is really thin and the spreads
533
00:31:55,679 --> 00:31:59,039
blow out and that's essentially what just happened there this was created at
534
00:31:59,039 --> 00:32:02,320
10 p.m um if you go and look on on sort of the lower timeframes it was just
535
00:32:02,320 --> 00:32:05,919
because the spreads blew out and as soon as those spreads narrowed back again um
536
00:32:05,919 --> 00:32:10,080
price was trading within that zone so um yeah don't worry too much if that
537
00:32:10,080 --> 00:32:13,440
doesn't make any sense but essentially this was just more just uh
538
00:32:13,440 --> 00:32:16,640
reflecting the spreads blowing out and it wasn't really per se price trading
539
00:32:16,640 --> 00:32:21,039
below so i personally view that as this inside bar uh range holding and then
540
00:32:21,039 --> 00:32:25,039
price actually pushing up a little bit higher but doesn't really matter too
541
00:32:25,039 --> 00:32:27,679
much there but we are bearish right we continue to
542
00:32:27,679 --> 00:32:32,320
break lower lows and what do we do we then come back up and we react to this
543
00:32:32,320 --> 00:32:35,840
fractal wick here right it'll be a lot clearer on the lower time frames more
544
00:32:35,840 --> 00:32:39,440
specifically probably the four hour time frame right and then we continue to move
545
00:32:39,440 --> 00:32:42,880
up lower and what we're reacting to to initiate those pullbacks we're reacting
546
00:32:42,880 --> 00:32:47,440
to previous demands those right because this demand zone was more of the origin
547
00:32:47,440 --> 00:32:49,519
right that led to that breaking structure that caused that change of
548
00:32:49,519 --> 00:32:52,399
character so when price comes back into it what do
549
00:32:52,399 --> 00:32:56,960
we get we can start to anticipate that we will get a bit more of a bullish move
550
00:32:56,960 --> 00:33:00,000
all right nice pivot created the mars in there and you can even refine that even
551
00:33:00,000 --> 00:33:03,279
further to the wick which will be more than likely a four hour zone but i'm
552
00:33:03,279 --> 00:33:07,039
going to leave that there for now uh and then we push up a little bit higher
553
00:33:07,039 --> 00:33:10,720
but we respect the trend right keep that level higher in place we sweep the spine
554
00:33:10,720 --> 00:33:13,519
high just a bit of sweep of liquidity but of course we'll talk about that in
555
00:33:13,519 --> 00:33:17,760
later lessons all right we mitigate uh that biter cell
556
00:33:17,760 --> 00:33:21,120
there and then we drop down lower and create more supply which we have not
557
00:33:21,120 --> 00:33:25,279
used yet and then we get a break of this low what happens price comes into this
558
00:33:25,279 --> 00:33:28,320
uh inside bar here we've seen a bit of a reaction it's trying to go lower and at
559
00:33:28,320 --> 00:33:31,840
the moment it looks like it's failing we haven't quite gone above this high yet
560
00:33:31,840 --> 00:33:35,440
but i would anticipate we're probably going to see that failure of supply we
561
00:33:35,440 --> 00:33:39,039
may get a deeper pullback potentially up to anywhere within this area here right
562
00:33:39,039 --> 00:33:42,480
where there may be some daily supply or because we're starting to now take these
563
00:33:42,480 --> 00:33:46,720
highs potentially that could just be you know prices starting to then move higher
564
00:33:46,720 --> 00:33:50,559
and for price to go yeah up higher from there because what have we done we've
565
00:33:50,559 --> 00:33:54,640
filled up more orders within this daily zone here right because that's a massive
566
00:33:54,640 --> 00:33:58,159
daily zone anywhere within this wick all of that demand is going to be in there
567
00:33:58,159 --> 00:34:01,120
we never know you know how much is going to be left within the zone but of course
568
00:34:01,120 --> 00:34:04,720
the further price pushes towards that eq generally the more it will be mitigated
569
00:34:04,720 --> 00:34:07,440
so here it just reacted from the edge just reacted from what we call the
570
00:34:07,440 --> 00:34:10,639
distal um but there's still more orders within the zone as we can see prices
571
00:34:10,639 --> 00:34:14,560
come lower to mitigate those to potentially now try and cause that daily
572
00:34:14,560 --> 00:34:17,760
trend change so from a daily chart perspective appreciate it looks a little
573
00:34:17,760 --> 00:34:21,119
bit messy when you start to draw on all of your zones um but yeah that's what
574
00:34:21,119 --> 00:34:24,000
happens when you're kind of testing and just you know going over price action
575
00:34:24,000 --> 00:34:26,560
when we are in the live market we are not going to have our charts looking
576
00:34:26,560 --> 00:34:30,480
like this when we have every single zone drawn on generally what you want to do
577
00:34:30,480 --> 00:34:33,919
is just focus on what is price reacting from now what are the fresh and
578
00:34:33,919 --> 00:34:36,639
mitigated zones that they could come up to and just use whatever is going to
579
00:34:36,639 --> 00:34:39,760
help you to build that story but yeah you don't really want your charts
580
00:34:39,760 --> 00:34:42,879
looking like this in the live market because it's it can get a little bit
581
00:34:42,879 --> 00:34:45,520
confusing especially when we're jumping through all the time frames and we want
582
00:34:45,520 --> 00:34:49,359
to be able to focus um on true price action but
583
00:34:49,359 --> 00:34:52,720
let's have down to the four-hour chart and see what we can do down there so you
584
00:34:52,720 --> 00:34:56,480
may have already noticed that my weekly zones have now disappeared right all i
585
00:34:56,480 --> 00:34:59,040
can see is daily zones that have drawn on and that's just because for me
586
00:34:59,040 --> 00:35:02,960
personally i try and keep it as clean as possible and i have my weekly zone
587
00:35:02,960 --> 00:35:07,359
setting so we jump back up uh and i click on one of these weekly zones
588
00:35:07,359 --> 00:35:10,320
all right i have it so it only shows on on days and weeks just because i want to
589
00:35:10,320 --> 00:35:14,480
try and keep my charts uh as neat as possible so
590
00:35:14,480 --> 00:35:16,400
yeah let's hop down to the floor chat i'm not going to go through all of the
591
00:35:16,400 --> 00:35:19,920
price action right because um all right this will be a four hour video and i
592
00:35:19,920 --> 00:35:23,200
don't want you guys falling asleep um so let's just concentrate on some of the
593
00:35:23,200 --> 00:35:25,920
more of the price action that we've really been concentrating uh in the
594
00:35:25,920 --> 00:35:30,079
lessons so far so right we came down towards this weekly
595
00:35:30,079 --> 00:35:34,240
low we know we have that daily area of demands that we're expecting uh price to
596
00:35:34,240 --> 00:35:37,760
react from and then what do we get on the four-hour chart we start to see
597
00:35:37,760 --> 00:35:42,720
those four-hour changes of character right where we take that minor low so
598
00:35:42,720 --> 00:35:45,599
draw a bit more actually we take the low so then we take the high and we get that
599
00:35:45,599 --> 00:35:49,119
for our change of character which is generally that that 15 minute british
600
00:35:49,119 --> 00:35:52,800
trend change and then what happens we create this very very minor right it's
601
00:35:52,800 --> 00:35:56,160
not a strong demand zone at all but you can draw on that what that last cell
602
00:35:56,160 --> 00:35:58,880
before the buy that caused that four-hour change of character right and
603
00:35:58,880 --> 00:36:01,599
price comes down into mitigate that gives us that another minor break of
604
00:36:01,599 --> 00:36:07,359
structure right and then we come back in in this case we end up mitigating this
605
00:36:07,359 --> 00:36:11,359
wick here right the mind is then holding and then
606
00:36:11,359 --> 00:36:15,119
eventually it leads to supply failing and price pushing up higher so you can
607
00:36:15,119 --> 00:36:17,760
see if you just run all of these zones the way that price will literally react
608
00:36:17,760 --> 00:36:20,960
from them but it's market structure that is telling you you know whether that
609
00:36:20,960 --> 00:36:24,079
that zone is going to hold or not or whether the mine is in control where
610
00:36:24,079 --> 00:36:27,520
we're going but what i want to just do quickly is drop down to the 15-minute
611
00:36:27,520 --> 00:36:30,160
chart and we can start to see you know what's going on down here on the
612
00:36:30,160 --> 00:36:33,839
four-hour chart at the same time if we are anticipating what if we're
613
00:36:33,839 --> 00:36:37,359
anticipating trying to catch this weekly high low write the weekly's pullback and
614
00:36:37,359 --> 00:36:40,640
a bullish trend into the discount into the demand the extreme demand that led
615
00:36:40,640 --> 00:36:44,560
to the weekly break of structure what do we have on a whoops this should be my
616
00:36:44,560 --> 00:36:48,960
daily chart so i was getting confused right so then this is the daily area
617
00:36:48,960 --> 00:36:53,200
that we're looking at right let me drag this back across
618
00:36:53,200 --> 00:36:56,480
prices then come down into that daily wick right that fractal refinement
619
00:36:56,480 --> 00:37:00,960
pretty much the extreme that also led to that weekly move within the weekly zone
620
00:37:00,960 --> 00:37:04,000
so we're anticipating now that potentially we want to try and catch the
621
00:37:04,000 --> 00:37:07,280
weekly high low so if we look at the four-hour chart if
622
00:37:07,280 --> 00:37:11,200
i sync this up this is what we're just looking at
623
00:37:11,200 --> 00:37:14,240
so the four-hour charts now come into that daily zone and what did we get we
624
00:37:14,240 --> 00:37:17,839
got a four-hour change of character and that created a sale before the buy
625
00:37:17,839 --> 00:37:21,359
remember it's not a super strong zone because all it led to was a break of
626
00:37:21,359 --> 00:37:25,040
minor structure right very very minor structure in this case but it's it's
627
00:37:25,040 --> 00:37:28,880
useful with your trading right because this represents more what's going on the
628
00:37:28,880 --> 00:37:32,079
lower time frame so zoom into the 15-minute chart and see what all of that
629
00:37:32,079 --> 00:37:35,520
represents all right we've covered this a few times
630
00:37:35,520 --> 00:37:38,480
before in the market structure lessons right
631
00:37:38,480 --> 00:37:41,599
and now this is where we can see what did we get
632
00:37:41,599 --> 00:37:45,119
the 15-minute chart was clearly bearish right creating that lower high which
633
00:37:45,119 --> 00:37:48,640
then led to the lower low and then we took the low and we took the high so we
634
00:37:48,640 --> 00:37:51,760
got that 15 minute change of character anticipating that the 15 minute chart is
635
00:37:51,760 --> 00:37:54,480
going to pull back but then end up leading to the four hour change of
636
00:37:54,480 --> 00:37:58,240
character let me zoom right in so you guys can see this
637
00:37:58,240 --> 00:38:00,560
which is where i've drawn the orange line so that four hour change of
638
00:38:00,560 --> 00:38:04,160
character denoted by the the dotted line there which you can see is that bit
639
00:38:04,160 --> 00:38:07,920
there on the four-hour chart right we get that initiation up it creates that
640
00:38:07,920 --> 00:38:12,160
four-hour poi for our demand zone it's a week for our demand zone right just
641
00:38:12,160 --> 00:38:16,560
because it's a little zone but we're pairing this with everything on the hard
642
00:38:16,560 --> 00:38:19,359
time frames and that's why it becomes an area of interest for us to potentially
643
00:38:19,359 --> 00:38:24,720
start framing trade ideas to anticipate that big weekly move so what happens we
644
00:38:24,720 --> 00:38:27,680
get this big trend change on the m15 chart
645
00:38:27,680 --> 00:38:33,280
we create that m15 demand zone right at the extreme all right so we take that
646
00:38:33,280 --> 00:38:37,119
pivot supply zone with those two candles sorry pivot demand zone i should say
647
00:38:37,119 --> 00:38:41,359
definitely not supply right and then price comes down and it mitigates this
648
00:38:41,359 --> 00:38:45,280
blue zone the m15 zone and then we have literally if you set your limit order
649
00:38:45,280 --> 00:38:50,640
there caught the bottom of this weekly move let's see with how many pips
650
00:38:50,640 --> 00:38:54,079
so in this case stop on the distal stop just below the
651
00:38:54,079 --> 00:38:57,200
low just be conservative john let's be even more conservative let's say 10 pips
652
00:38:57,200 --> 00:39:00,720
because we want to cover the true swing low and then you have caught that move
653
00:39:00,720 --> 00:39:03,440
from all the way down here so you literally caught that exact weekly
654
00:39:03,440 --> 00:39:06,640
bottom and then you know it peaked at what 500
655
00:39:06,640 --> 00:39:11,200
let's say 567 pips with 10 pip stops that's over 56r right and you could have
656
00:39:11,200 --> 00:39:14,400
just obviously wouldn't be easy in reality with psychology and what not you
657
00:39:14,400 --> 00:39:17,760
have to deal with and patience but you know that's in theory is how you can
658
00:39:17,760 --> 00:39:21,599
catch and time that weekly move right and you're not jumping on every little
659
00:39:21,599 --> 00:39:24,880
m15 change of character no you're waiting for the m15 to truly switch
660
00:39:24,880 --> 00:39:27,680
trend to get a bullish break of structure to get that four hour change
661
00:39:27,680 --> 00:39:31,280
of character within the daily extreme zone within the fractal refinement wake
662
00:39:31,280 --> 00:39:34,400
within the weekly zone right right at the extreme origin of the weekly move
663
00:39:34,400 --> 00:39:37,200
and then you wait for price to come back in and then you've got that weekly
664
00:39:37,200 --> 00:39:40,160
demand zone right at the origin there now this is another case where if you
665
00:39:40,160 --> 00:39:43,520
had refined your zone to just a candle you wouldn't have got in okay which is
666
00:39:43,520 --> 00:39:46,320
fine it's absolutely fine you'll see loads of times as well when price does
667
00:39:46,320 --> 00:39:49,680
mitigate this it will just come with time and testing but perhaps you don't
668
00:39:49,680 --> 00:39:52,560
want to enter on a 15-minute chart and you want a little bit more
669
00:39:52,560 --> 00:39:55,760
confirmation than what you can do and this kind of reflects more my current
670
00:39:55,760 --> 00:40:00,079
style of training is i won't over refine the m15 what i'll happily do is i'll
671
00:40:00,079 --> 00:40:03,200
draw the whole range i'll draw that whole pivot and i'll start to be aware
672
00:40:03,200 --> 00:40:06,000
you know i'll set my alert on the edge of the zone and as soon as price taps in
673
00:40:06,000 --> 00:40:09,200
that zone i then drop down to the lower time frames and i start to look for my
674
00:40:09,200 --> 00:40:12,560
entry models down there right like we just went with three before on a theory
675
00:40:12,560 --> 00:40:16,319
video just before this video where i showed you the m15 pulls back to form
676
00:40:16,319 --> 00:40:19,440
that high low and we jump down to the m1 and we start looking for you know the
677
00:40:19,440 --> 00:40:22,720
same thing on the m1 right so in this case i'm not gonna well i can't go down
678
00:40:22,720 --> 00:40:26,240
to m1 just because of how far back this is the the price data won't load on the
679
00:40:26,240 --> 00:40:30,720
m1 chart but you can see here what happened right we took that m15 low then
680
00:40:30,720 --> 00:40:34,240
we took the high so we had that change of character and then literally straight
681
00:40:34,240 --> 00:40:37,440
away right you don't always have to wait for price to come back at a later date
682
00:40:37,440 --> 00:40:41,359
but straight away that sell before the buy creates demand right when this
683
00:40:41,359 --> 00:40:45,680
bullish candle here closes above it and then what happens in the next 15 minutes
684
00:40:45,680 --> 00:40:49,760
price taps into that demand that was just created and then we're off it's
685
00:40:49,760 --> 00:40:52,240
right so sometimes it's really really quick and we'll be looking at this
686
00:40:52,240 --> 00:40:55,040
potentially on the m1 or you could even you don't have to again you could just
687
00:40:55,040 --> 00:40:57,760
wait for that extra confirmation right prices come into here we've got the
688
00:40:57,760 --> 00:41:01,680
change of character we've created another area of m15 demand boom i'm
689
00:41:01,680 --> 00:41:04,960
going to set my entry order there again we'll cover entries and
690
00:41:04,960 --> 00:41:07,599
stuff in a much later date but i just think it's useful to kind of get your
691
00:41:07,599 --> 00:41:11,040
brain thinking and just show you the true potential of you know how you're
692
00:41:11,040 --> 00:41:14,160
using all of these concepts you don't even have to go learning m15 to get
693
00:41:14,160 --> 00:41:19,119
insane risk to reward okay and you know it's a very very sort
694
00:41:19,119 --> 00:41:22,400
of more hands-off approach you don't have to be playing around um on the m1
695
00:41:22,400 --> 00:41:25,520
time frames okay um but yeah just kind of wanted to show you that how that
696
00:41:25,520 --> 00:41:29,119
weekly starts to change but we can all see it all starts first on those lower
697
00:41:29,119 --> 00:41:32,319
timeframes down there so we're going too much further into this but we'll go
698
00:41:32,319 --> 00:41:35,119
through the four-hour chat a bit more and take a look at some of the examples
699
00:41:35,119 --> 00:41:39,599
that we should be quite familiar with when we were marking our uh four-hour
700
00:41:39,599 --> 00:41:43,760
swing structure so this dotted line of course is that daily
701
00:41:43,760 --> 00:41:47,200
change of character it's that four-hour bullish trend change so what do we know
702
00:41:47,200 --> 00:41:51,280
about all of those fresh unmitigated for our supply zones from previous price
703
00:41:51,280 --> 00:41:55,680
action what do they become they become areas for us to anticipate where for our
704
00:41:55,680 --> 00:41:59,040
pullbacks may be about to kick in so you can see here if you refine it to that
705
00:41:59,040 --> 00:42:03,680
one candle right it's it's a but it's a a bearish candle within supply but
706
00:42:03,680 --> 00:42:06,640
technically it should be into the bullish candle or you want to take that
707
00:42:06,640 --> 00:42:09,280
whole range right you want to take the whole so before the buy you can start to
708
00:42:09,280 --> 00:42:12,640
see how it initiates those pullbacks right or potentially you want to refine
709
00:42:12,640 --> 00:42:15,680
it to that wick right and you can see that would have been a bullish pivot
710
00:42:15,680 --> 00:42:19,040
where the true momentum steps in on the lower time frame and that is what
711
00:42:19,040 --> 00:42:23,200
initiates that pullback but because we are bullish what does that mean it means
712
00:42:23,200 --> 00:42:27,359
demand is going to be in control so let me just grab this a little bit quicker
713
00:42:27,359 --> 00:42:31,040
all right uh price action's a little bit messy in this area but we can see this
714
00:42:31,040 --> 00:42:34,319
whole time the miner is keeping control we start to get substructure breaks to
715
00:42:34,319 --> 00:42:37,920
the upside and even within those substructure breaks you can see
716
00:42:37,920 --> 00:42:41,680
what's happening i'll just draw on rather put the boxes
717
00:42:41,680 --> 00:42:45,200
just to save time here but we get that pivot created demand right price comes
718
00:42:45,200 --> 00:42:48,640
into it fills up those orders we get pivot created demand price comes into it
719
00:42:48,640 --> 00:42:51,839
and it falls as orders so you can see that whole time that yes there's some
720
00:42:51,839 --> 00:42:54,880
supply within here right price pulls back up into that supply zone and it
721
00:42:54,880 --> 00:42:58,560
tries to push lower but ultimately we're in the bullish trend so demand zone is
722
00:42:58,560 --> 00:43:02,480
staying in control we move away create more demand right in control move away
723
00:43:02,480 --> 00:43:05,440
we create more demand to bring control and then we get another bullish break
724
00:43:05,440 --> 00:43:09,520
structure to the upside so then that old supply over here
725
00:43:09,520 --> 00:43:12,720
right it's just a reaction point for price to react off so we have this buy
726
00:43:12,720 --> 00:43:16,079
before the cell that is valid to draw it that way for me personally it doesn't
727
00:43:16,079 --> 00:43:18,880
make sense because after it was created the price spiked up through it and took
728
00:43:18,880 --> 00:43:22,800
the orders so for me those wicks show where the true supply is because
729
00:43:22,800 --> 00:43:26,480
price went up and then sold off and it's that pivot that i personally am
730
00:43:26,480 --> 00:43:30,079
interested in so i refine it to that wick there and that for me is the
731
00:43:30,079 --> 00:43:33,280
fractal refinement and that is where price tries to pull back as it fills up
732
00:43:33,280 --> 00:43:37,359
those orders but what happens price you know demand stays in control we start to
733
00:43:37,359 --> 00:43:40,960
move up higher don't quite make it come down we sweep liquidity and then that's
734
00:43:40,960 --> 00:43:45,200
enough to fuel the move to get that true next break of structure and then the
735
00:43:45,200 --> 00:43:49,200
daily switch is bullish and we come up into this daily area of supply where we
736
00:43:49,200 --> 00:43:53,280
can start to refine that daily down to four hour areas of supply right
737
00:43:53,280 --> 00:43:56,000
and this is how you can play on so on so forth right so we have the whole range
738
00:43:56,000 --> 00:43:59,839
like that or you can refine it to the inside bar right
739
00:43:59,839 --> 00:44:02,960
and we can see we get a bit of reaction but price spikes up literally just a
740
00:44:02,960 --> 00:44:06,720
little bit higher so for me that's invalidated and what i would say was the
741
00:44:06,720 --> 00:44:10,079
true supply zone that caused that pullback was this big cell before the
742
00:44:10,079 --> 00:44:13,680
buy there and that's what initiated that pool back there so at that point i would
743
00:44:13,680 --> 00:44:17,040
be looking for price to come down towards this for our demand zone um or
744
00:44:17,040 --> 00:44:21,440
even if you took the the the actual pivot of the two candles right but we
745
00:44:21,440 --> 00:44:23,760
can see actually let's see if it comes down
746
00:44:23,760 --> 00:44:26,560
later so if i draw that on there
747
00:44:26,560 --> 00:44:29,599
down to the lower of that candle so we take the whole pivot actually no price
748
00:44:29,599 --> 00:44:32,560
here price does miss at that point but we just react to the daily zone right so
749
00:44:32,560 --> 00:44:35,920
this is why you have to use multiple time frames to truly see what's going on
750
00:44:35,920 --> 00:44:39,040
otherwise sometimes you may miss moves because if you're saying i'm not going
751
00:44:39,040 --> 00:44:42,160
to get long until this four hour zone is hit or even the there's the single
752
00:44:42,160 --> 00:44:45,920
candle but you're not you know looking well actually we've reacted to the daily
753
00:44:45,920 --> 00:44:48,880
range what have we then got we've got a four hour change of character we've got
754
00:44:48,880 --> 00:44:52,960
a forum but it's trend change you're gonna miss out on all of that okay
755
00:44:52,960 --> 00:44:57,440
um yeah so on and so forth really you know it's the same thing again and
756
00:44:57,440 --> 00:45:01,119
again and again we break another break of structure daily breaking structure as
757
00:45:01,119 --> 00:45:05,440
well you can see with a mitigated an old an old daily area of supply and what
758
00:45:05,440 --> 00:45:09,680
happens price comes down into this four hour decisional demand zone there right
759
00:45:09,680 --> 00:45:12,640
we then get that change of character to the upside we pull back in intraday i
760
00:45:12,640 --> 00:45:15,359
can pretty much guarantee there will be a 15 minute or five minute area of
761
00:45:15,359 --> 00:45:19,280
demand we then can get in long and then we can target that weak high there to
762
00:45:19,280 --> 00:45:22,240
anticipate the higher high where do we know that pullbacks likely to kick in
763
00:45:22,240 --> 00:45:25,040
when we mitigate an old area of supply which you can see we drawn earlier right
764
00:45:25,040 --> 00:45:29,440
that daily area of supply we mitigate that then we do have areas as demand
765
00:45:29,440 --> 00:45:32,319
right that would be a decision area of demand right that's sell before the buy
766
00:45:32,319 --> 00:45:36,319
and what happens well you can see we got a reaction price came down that big wick
767
00:45:36,319 --> 00:45:40,319
means price moved up right it tried to go up higher but it ultimately failed so
768
00:45:40,319 --> 00:45:44,079
why is demand starting to fail well because we've come up into an area of
769
00:45:44,079 --> 00:45:46,720
daily supply so that's starting to overpower
770
00:45:46,720 --> 00:45:50,560
for our demand right and then that leads to what a four hour
771
00:45:50,560 --> 00:45:54,240
change range which is the daily change of character
772
00:45:54,240 --> 00:45:56,480
so then what happens when we get that burst trend change well we can
773
00:45:56,480 --> 00:46:00,880
anticipate that now supply is in control so what do we draw on the buy before the
774
00:46:00,880 --> 00:46:04,720
cell at the extreme price comes up into that supply zone then what do we get we
775
00:46:04,720 --> 00:46:08,319
get that four hour change of character right it switches in bearish and then we
776
00:46:08,319 --> 00:46:12,480
can start to look at those internal areas of supply yes they didn't cause
777
00:46:12,480 --> 00:46:15,359
swing structure breaks but they cause minor breaks of structure to the
778
00:46:15,359 --> 00:46:18,400
downside right took out that minor low you can even refine it to that candle
779
00:46:18,400 --> 00:46:22,079
there right price pulls back up in boom we've got all the confirmation that we
780
00:46:22,079 --> 00:46:25,680
need now to at a minimum target this week four hour low right supply is
781
00:46:25,680 --> 00:46:29,440
clearly in control and then we move down and take out that low we come into that
782
00:46:29,440 --> 00:46:32,400
area of daily demand because at this time the daily is still bullish right
783
00:46:32,400 --> 00:46:35,200
i'll show you two time frames at once would probably
784
00:46:35,200 --> 00:46:40,000
be useful wouldn't it so this whole section of four hour price
785
00:46:40,000 --> 00:46:43,760
action here as you can see is this daily section of price action here so at this
786
00:46:43,760 --> 00:46:47,599
point the daily chart is still bullish right we had that higher high and we're
787
00:46:47,599 --> 00:46:50,400
just anticipating that we're going to get that daily high low and we're going
788
00:46:50,400 --> 00:46:53,760
to continue that move we're going to continue that weekly move right
789
00:46:53,760 --> 00:46:56,720
but that doesn't mean that we can't trade the four hour in intraday price
790
00:46:56,720 --> 00:47:00,079
section short down into these regions until the four hours which is bullish
791
00:47:00,079 --> 00:47:02,800
again and this is how we can do that right we can see the four hour being
792
00:47:02,800 --> 00:47:06,240
bearish within here and again we get that breaker structure we then mitigate
793
00:47:06,240 --> 00:47:10,160
this area of daily demand we then get that change of character to the upside
794
00:47:10,160 --> 00:47:14,160
and we can see demand and control right but then what happens if i zoom in a
795
00:47:14,160 --> 00:47:17,839
little bit we have another four hour area of supply
796
00:47:17,839 --> 00:47:20,800
right make sure you include the wick as well
797
00:47:20,800 --> 00:47:24,319
we drag it across price comes into that area spikes it we get a change of
798
00:47:24,319 --> 00:47:28,240
character to the downside supply starts to fail that internal
799
00:47:28,240 --> 00:47:32,400
supply we get that change of character price then pulls back up into this by
800
00:47:32,400 --> 00:47:35,680
the buy before the cell so then mitigating that demand yes it's a little
801
00:47:35,680 --> 00:47:38,400
bit messy but this is how you can clear it all up on the lower timeframes as
802
00:47:38,400 --> 00:47:41,200
well but it's just so you can see what's happening we pulled up into that supply
803
00:47:41,200 --> 00:47:44,800
zone supply is now filled demands all being cleared out right with these wicks
804
00:47:44,800 --> 00:47:47,760
here it's filled all the demand and we're there so now when it's mitigated
805
00:47:47,760 --> 00:47:51,760
the supply and all of those sellers step in what happens pretty much apart from
806
00:47:51,760 --> 00:47:54,720
this demand down here which we can see we do get a bit of a reaction from but
807
00:47:54,720 --> 00:47:58,400
not enough because supply is completely in control now and we smash straight
808
00:47:58,400 --> 00:48:02,640
through we mitigate some more orders right within that daily zone we
809
00:48:02,640 --> 00:48:06,160
can refine that to the four hour candles within here to initiate another pullback
810
00:48:06,160 --> 00:48:09,440
but ultimately we get that change of character again right change of
811
00:48:09,440 --> 00:48:12,400
character there and then pull back up into that newly created supply right
812
00:48:12,400 --> 00:48:15,520
within that buy before the cell and then again
813
00:48:15,520 --> 00:48:18,480
all the demand within us wick has been cleared out by this week here so then
814
00:48:18,480 --> 00:48:22,720
when we mitigate supply up here we're then ready to tank straight down through
815
00:48:22,720 --> 00:48:26,480
so it's gonna get rid of those messy orange lines
816
00:48:26,480 --> 00:48:30,000
in fact we'll just leave that there just so we can have the four our zones
817
00:48:30,000 --> 00:48:33,200
drawn on okay and then yeah we go one further and
818
00:48:33,200 --> 00:48:36,640
further and further um we have you know a very very aggressive set off here and
819
00:48:36,640 --> 00:48:39,760
then we come down and mitigate those old areas of demand push a little bit lower
820
00:48:39,760 --> 00:48:44,000
and we start to get those pullbacks um yeah so on and so forth let's try and
821
00:48:44,000 --> 00:48:46,559
just look at a few more interesting areas of price action because i think
822
00:48:46,559 --> 00:48:49,440
you guys are probably hopefully starting to get the hang of things now right we
823
00:48:49,440 --> 00:48:53,280
come down into this daily extreme the old extreme that initiated that weekly
824
00:48:53,280 --> 00:48:56,240
high low but if you remember from a
825
00:48:56,240 --> 00:48:59,760
uh a market structure standpoint
826
00:48:59,760 --> 00:49:02,559
what did we expect when the weekly mitigated this area of demand we
827
00:49:02,559 --> 00:49:06,559
expected the weekly chart to form that higher high now the minute it starts to
828
00:49:06,559 --> 00:49:10,400
come down with a lot of momentum the daily is bearish we can anticipate with
829
00:49:10,400 --> 00:49:13,040
a pretty strong you know and high degree of accuracy and high degree of
830
00:49:13,040 --> 00:49:18,640
probability that this weekly low is a weak low because it failed to do its job
831
00:49:18,640 --> 00:49:21,680
it failed to take out the high so when we start to come down the daily is
832
00:49:21,680 --> 00:49:25,119
bearish with a lot of momentum we can expect purely from a market structure
833
00:49:25,119 --> 00:49:28,880
standpoint that this low is likely to get run which is what ended up happening
834
00:49:28,880 --> 00:49:31,119
okay now that whole time when that's about to
835
00:49:31,119 --> 00:49:36,000
happen you could have drawn on your charts right this weekly candle as just
836
00:49:36,000 --> 00:49:40,240
a pivot demand zone right and that's more than valid to do but remember it's
837
00:49:40,240 --> 00:49:43,599
it's just a demand zone it is not a strong zone right because it did not do
838
00:49:43,599 --> 00:49:47,119
its job it did not cause a break of structure it didn't even really cause a
839
00:49:47,119 --> 00:49:51,440
minor breaker structure from this high here right because it never had a candle
840
00:49:51,440 --> 00:49:54,880
closure above it okay now the reason why some of you may
841
00:49:54,880 --> 00:49:57,359
want to draw the song because you may be thinking why would i bother to draw on a
842
00:49:57,359 --> 00:50:02,480
weak zone on a low that we expect to get taken well the reason why is because
843
00:50:02,480 --> 00:50:06,400
it's a weekly zone and like i said even if it's a weak zone i
844
00:50:06,400 --> 00:50:09,520
know it's really confusing because weak and weekly sound the same
845
00:50:09,520 --> 00:50:12,800
especially english is not your first language but the reason why i would
846
00:50:12,800 --> 00:50:16,480
personally still draw this on even though i'm expecting price to ultimately
847
00:50:16,480 --> 00:50:20,079
go through it is because nearly every zone will have some form of a reaction
848
00:50:20,079 --> 00:50:23,040
as we can see here right we had that bullish reaction with this candle
849
00:50:23,040 --> 00:50:26,720
on the week of the 26th of july and how big was that let's have a quick
850
00:50:26,720 --> 00:50:31,359
look that was a you know 160 pip move but from an intraday standpoint right
851
00:50:31,359 --> 00:50:34,319
that's what happened here this is this entire move which we can take advantage
852
00:50:34,319 --> 00:50:36,400
of and we can trade and you know we can
853
00:50:36,400 --> 00:50:40,079
make a hell of a lot of percentage uh money and are doing that so that's why
854
00:50:40,079 --> 00:50:43,839
we draw on but i'm always managing my expectation that this move is very
855
00:50:43,839 --> 00:50:47,440
likely to be short-lived it's likely to just be a daily pullback running some of
856
00:50:47,440 --> 00:50:50,480
this trend line liquidity for price to then come down lower right and
857
00:50:50,480 --> 00:50:54,640
ultimately take out that low right so that's why i would personally draw it on
858
00:50:54,640 --> 00:50:57,920
but i am aware in the back of my mind the difference between this weekly zone
859
00:50:57,920 --> 00:51:01,040
here which is a strong zone that led to a break of structure compared to this
860
00:51:01,040 --> 00:51:04,559
just being a pivot zone which i expect a very short-term bullish bounce from just
861
00:51:04,559 --> 00:51:08,640
a bit of a reaction point okay so i did just kind of want to cover that
862
00:51:08,640 --> 00:51:11,599
but yeah this whole zone is still valid right there can still be orders even
863
00:51:11,599 --> 00:51:15,680
down into around this wick that price ultimately may want to come down to
864
00:51:15,680 --> 00:51:19,760
before potentially that weekly high low goes and we could go to the upside or of
865
00:51:19,760 --> 00:51:24,000
course we could be switching bearish now and we could start a new trend
866
00:51:24,000 --> 00:51:27,200
no idea don't need to know to make money and this is that whole point right we
867
00:51:27,200 --> 00:51:30,400
just trade what we see and we run with blind assumptions until
868
00:51:30,400 --> 00:51:33,920
we're told by the market otherwise but what i'm going to do is just well i
869
00:51:33,920 --> 00:51:37,920
shall just leave it on that's fine so let's just investigate some of this
870
00:51:37,920 --> 00:51:41,200
price action area and then we'll start to to wrap it up so remember when we're
871
00:51:41,200 --> 00:51:43,920
going over this on the 4-hour chart and even the multi-time analysis right when
872
00:51:43,920 --> 00:51:46,480
prices start to get a bit more corrective what was happening price was
873
00:51:46,480 --> 00:51:50,160
pulling back up into supply taking the low then we were getting pullbacks right
874
00:51:50,160 --> 00:51:52,720
we pulled back up into this range created supply right doesn't quite come
875
00:51:52,720 --> 00:51:56,480
back up into the refined one um but then we start to get that change of character
876
00:51:56,480 --> 00:51:59,760
and then we set off so let me make this kind of point again
877
00:51:59,760 --> 00:52:03,280
did try to make it earlier but just to make sure kind of drive this home the
878
00:52:03,280 --> 00:52:06,559
difference between when you want to refine and when you don't
879
00:52:06,559 --> 00:52:11,280
right so we have this obviously this range created supply on
880
00:52:11,280 --> 00:52:14,400
the four-hour chart why is it range created supply well
881
00:52:14,400 --> 00:52:18,480
because it's the buy right that buying range before the cell that led to the
882
00:52:18,480 --> 00:52:22,240
breaker structure so that whole area is valid for our demand strong four hours
883
00:52:22,240 --> 00:52:25,920
sorry that whole area is valid supply right it's a strong area of supply
884
00:52:25,920 --> 00:52:29,359
because it led to a break of structure but you can refine it
885
00:52:29,359 --> 00:52:32,240
right to that last candle that was then engulfed and that would be more than
886
00:52:32,240 --> 00:52:35,119
valid as well but sometimes price is going to miss you and it's going to go
887
00:52:35,119 --> 00:52:38,640
and that's more than fine but what you can do is just take the whole range and
888
00:52:38,640 --> 00:52:41,839
then look for those lower time frame confirmations and wait for price to
889
00:52:41,839 --> 00:52:44,400
start to break stretch to the downside which is what ends up happening here
890
00:52:44,400 --> 00:52:47,440
right we break that stretch to the downside and we take that low there and
891
00:52:47,440 --> 00:52:51,440
then we start to go and what you can actually see now is that in reality
892
00:52:51,440 --> 00:52:54,079
price was reacting from this
893
00:52:54,079 --> 00:52:58,079
cell to buy wix right within here and it starts to go which would be probably
894
00:52:58,079 --> 00:53:00,240
more than let's have a let's investigate that in a
895
00:53:00,240 --> 00:53:02,880
15-minute chart actually let's see if we can see it might be learning the
896
00:53:02,880 --> 00:53:06,079
15-minute chart but let's go back to where was that the
897
00:53:06,079 --> 00:53:10,240
14th of july so around this area here yeah i mean
898
00:53:10,240 --> 00:53:12,880
with that before i even zoom in you can see just clearly on the 15-minute chart
899
00:53:12,880 --> 00:53:16,640
where out of supply stepped in right and what was that well if we joined the 15
900
00:53:16,640 --> 00:53:22,079
minute chart it was a super super clean uh m15 bullish candle right before the
901
00:53:22,079 --> 00:53:24,880
sale where the hell of a lot momentum came in and that's what price came up to
902
00:53:24,880 --> 00:53:27,839
mitigate right so if you're kind of thinking there and
903
00:53:27,839 --> 00:53:29,920
this you're kind of new to supply and demand and you're thinking how am i
904
00:53:29,920 --> 00:53:32,559
going to see all these little fractal refinements and know which one's going
905
00:53:32,559 --> 00:53:35,920
to react to or do i take the whole range or do i take that last candle or do i
906
00:53:35,920 --> 00:53:39,920
take just the wick of that candle you know don't panic alright it'd be fine i
907
00:53:39,920 --> 00:53:43,680
promise you this will become so much easier with time and experience
908
00:53:43,680 --> 00:53:47,040
but what will happen is we're just understanding what's going on here so we
909
00:53:47,040 --> 00:53:51,119
understand what those buy to sell wicks mean on the lower time frame but we
910
00:53:51,119 --> 00:53:53,839
don't have to you know have perfect guesses that that's where price is going
911
00:53:53,839 --> 00:53:57,040
to reverse from because we're always going to be constantly using multi-time
912
00:53:57,040 --> 00:54:01,040
frames to help us refine this four-hour zone into you know three or four
913
00:54:01,040 --> 00:54:04,880
potential m15 zones within that whole zone right so this big gray box here is
914
00:54:04,880 --> 00:54:08,000
that four hours range i've just been spoken about and what we can do is we
915
00:54:08,000 --> 00:54:10,160
can leave it there and then we can go okay well i'm going to jump down to
916
00:54:10,160 --> 00:54:13,680
lower time frames and i'm going to refine that four hour zone to a few more
917
00:54:13,680 --> 00:54:17,440
points that look good on the m15 right and i go okay i've got these kind of
918
00:54:17,440 --> 00:54:20,559
three points that i'd be interested in obviously i always would love to be
919
00:54:20,559 --> 00:54:23,520
trading from the extreme because that's going to give me you know generally the
920
00:54:23,520 --> 00:54:26,640
highest strike rate and risk reward because if this zone fails well then i'm
921
00:54:26,640 --> 00:54:28,880
wrong anyway because price is most likely switching bullish on the
922
00:54:28,880 --> 00:54:32,000
four-hour chart right but now with what we've done is we've taken that whole
923
00:54:32,000 --> 00:54:35,359
whole four-hour range that whole
924
00:54:35,760 --> 00:54:40,000
buy-to-cell range right we've now refined that down to 3 and 15 zones now
925
00:54:40,000 --> 00:54:43,760
which m15 zone is going to hold i have no idea but i don't need to know because
926
00:54:43,760 --> 00:54:47,119
i can just trade all three of them when price comes into there and i can wait
927
00:54:47,119 --> 00:54:50,079
for price to confirm what i need to see with my entry models on the lower
928
00:54:50,079 --> 00:54:52,960
timeframes as price comes into there right so on the lower time frame we're
929
00:54:52,960 --> 00:54:56,000
just going to break a structure to the downside here or pull back up into an m1
930
00:54:56,000 --> 00:54:59,520
supply zone and then we can take that short and then we're in the move okay
931
00:54:59,520 --> 00:55:03,200
but yes price easily could have had a short term move reacted from demand from
932
00:55:03,200 --> 00:55:06,720
here but we can remove risk we can pay ourselves a bit we can take partial
933
00:55:06,720 --> 00:55:10,720
profits and we can even look to get long here excuse me and take the hedge and
934
00:55:10,720 --> 00:55:13,440
trade up higher to our next zone and then we just look for the same thing to
935
00:55:13,440 --> 00:55:16,559
happen again and again it may be short-lived it may react from demand and
936
00:55:16,559 --> 00:55:20,480
it may come up higher finally react from the extreme and then we go
937
00:55:20,480 --> 00:55:24,160
and we have no idea but we just continue to be neutral
938
00:55:24,160 --> 00:55:27,119
identify higher probability areas of where we expect lower highs or higher
939
00:55:27,119 --> 00:55:31,119
loans to form we wait for our entry models we wait for confirmation we enter
940
00:55:31,119 --> 00:55:35,280
we manage our risk right accordingly uh and then we pay ourselves along the way
941
00:55:35,280 --> 00:55:38,480
um and we just keep doing it again and again and again and this is kind of what
942
00:55:38,480 --> 00:55:41,680
i mean by no one knows where the market will go and you don't
943
00:55:41,680 --> 00:55:45,119
need to know to make money you just identify higher probability areas you
944
00:55:45,119 --> 00:55:47,359
try and get on the right side of the market as much as possible by using
945
00:55:47,359 --> 00:55:51,040
market structure you then use multi-time frame analysis
946
00:55:51,040 --> 00:55:54,640
supply and demand zones right premium discount just to help increase the
947
00:55:54,640 --> 00:56:00,319
probability and how far you can push those moves um as much as possible okay
948
00:56:00,319 --> 00:56:03,520
now again charts are starting to look very very messy and we haven't even you
949
00:56:03,520 --> 00:56:06,400
know drawn on that many zones there's a lot of zones i haven't drawn on and i
950
00:56:06,400 --> 00:56:09,520
haven't put all the time frame stuff on but yeah don't worry in the live market
951
00:56:09,520 --> 00:56:13,119
we will have our charts as clear clean as possible this is just a really good
952
00:56:13,119 --> 00:56:17,920
exercise you know to see um yeah how the charts start to to play out now i won't
953
00:56:17,920 --> 00:56:20,559
do any more just because i want this video to go on for hours um we're gonna
954
00:56:20,559 --> 00:56:23,599
get a lot more practice with this as we go through the next lessons as we apply
955
00:56:23,599 --> 00:56:27,920
more and more concepts uh but also of course with the weekly uh you know the
956
00:56:27,920 --> 00:56:31,280
the live market stuff week in week out as we cover the live price action as it
957
00:56:31,280 --> 00:56:34,400
forms um yeah you'll just see it you know in real practice as we go through
958
00:56:34,400 --> 00:56:38,480
this and you'll see it play out again and again and again
959
00:56:38,480 --> 00:56:41,680
and you'll just start to get really familiar with this so yeah this is now
960
00:56:41,680 --> 00:56:44,000
your time to do the work jump on your charts hopefully you still got this
961
00:56:44,000 --> 00:56:47,440
layout saved down um and just start to take you know just take one time frame
962
00:56:47,440 --> 00:56:50,480
at a time literally just a weekly chart um you know just just look at it look at
963
00:56:50,480 --> 00:56:53,520
all the big zones that it reacts to look at the ones that fail then i would
964
00:56:53,520 --> 00:56:56,559
recommend that you just kind of take one sort of area on the weekly chart like
965
00:56:56,559 --> 00:56:59,599
this big range here and then you can draw down into lower time frames draw on
966
00:56:59,599 --> 00:57:03,119
all your daily zones right see which ones work see which ones don't and then
967
00:57:03,119 --> 00:57:06,319
you know refine those daily zones on the four-hour chart you can draw all the
968
00:57:06,319 --> 00:57:09,760
other ones on right so on and so forth and then you know this is kind of how
969
00:57:09,760 --> 00:57:13,280
you how you'll really start to get to grips with it is if you go and look at
970
00:57:13,280 --> 00:57:16,079
the true turning point so all of the swing points right on the four-hour
971
00:57:16,079 --> 00:57:20,079
chart or whatever time frame then don't just jump down into there and
972
00:57:20,079 --> 00:57:23,359
investigate that on the lower time frame investigate it on the 15-minute chart of
973
00:57:23,359 --> 00:57:26,640
how could i have anticipated that turning right and how could i've got in
974
00:57:26,640 --> 00:57:30,000
so let's look at this this move up here right we've got that breaker structure
975
00:57:30,000 --> 00:57:34,319
uh where were we uh up here all right and go well how could i have
976
00:57:34,319 --> 00:57:37,520
anticipated that on the 15 minute chart well that dotted line that four hour
977
00:57:37,520 --> 00:57:40,880
change of character was what it was a 15 minute
978
00:57:40,880 --> 00:57:44,000
uh breaking structure that 15 minute bearish trend change so then that whole
979
00:57:44,000 --> 00:57:48,319
time now the 15 minute is playing within what this bearish range so how can we
980
00:57:48,319 --> 00:57:51,200
anticipate where to catch that 15 minute lower high and then you start to draw on
981
00:57:51,200 --> 00:57:53,680
all of your supplies right there's always not always but a lot of times
982
00:57:53,680 --> 00:57:56,240
there's going to be multiple and you'll see which ones are going to hold and
983
00:57:56,240 --> 00:57:59,119
which ones aren't so what do we have let's actually just look at this and
984
00:57:59,119 --> 00:58:02,480
then we'll kind of wrap it up there
985
00:58:05,920 --> 00:58:08,799
all right so we have this decisional now decisions can play out they're not
986
00:58:08,799 --> 00:58:11,359
always the best because they're not always well priced but they can get a
987
00:58:11,359 --> 00:58:14,640
tradable reaction and then it can clear supply for prices and pull up a little
988
00:58:14,640 --> 00:58:17,520
bit higher i know what we have we have this buy before the cell here that we
989
00:58:17,520 --> 00:58:21,200
can also look to potentially take a short from which we can see
990
00:58:21,200 --> 00:58:24,000
price initially has a reaction to but then it pushes up deeper to catch more
991
00:58:24,000 --> 00:58:27,200
orders so what you may want to do right instead of having that large zone is
992
00:58:27,200 --> 00:58:30,400
refine it to just a wick and that will be you know likely a five minute or a
993
00:58:30,400 --> 00:58:33,680
one minute zone and then you've got a fractal refinement even more then supply
994
00:58:33,680 --> 00:58:37,440
has been filled demand starts to have reactions but fail and supply is in
995
00:58:37,440 --> 00:58:41,760
control and it comes down right but it fails to take out that low
996
00:58:41,760 --> 00:58:45,920
but we then get another reaction from what this 15-minute supply zone there
997
00:58:45,920 --> 00:58:49,920
fails to take out the low so now what do we have well we are within this bearish
998
00:58:49,920 --> 00:58:54,079
15-minute range right that's the high that is the low we've tried to wrap from
999
00:58:54,079 --> 00:58:57,119
supply but we've failed we've come up higher we've tried to reference from
1000
00:58:57,119 --> 00:59:01,200
supply we've failed we've come up higher but this supply here does hold we tried
1001
00:59:01,200 --> 00:59:04,400
to go lower again but we failed so what does that mean it means these are weak
1002
00:59:04,400 --> 00:59:07,680
highs right so let's clear this up a little bit now
1003
00:59:07,680 --> 00:59:11,119
let's put the range that we're playing within
1004
00:59:12,079 --> 00:59:16,640
now we get that breaker structure so then what happens this becomes our
1005
00:59:16,640 --> 00:59:19,920
well it becomes our 15-minute high right that would be our 15-minute high that we
1006
00:59:19,920 --> 00:59:23,440
need to see hold price tag tries to come up higher it fails to close above it so
1007
00:59:23,440 --> 00:59:27,119
that means we remain bearish we get to grab a liquidity and we go and what did
1008
00:59:27,119 --> 00:59:31,680
price react from well this is where you could have had this whole unmitigated by
1009
00:59:31,680 --> 00:59:35,119
before the cell right or you could refine to the doji
1010
00:59:35,119 --> 00:59:38,960
but it would ultimately actually uh reacted from because it just misses
1011
00:59:38,960 --> 00:59:42,559
that was what it was these buy
1012
00:59:42,640 --> 00:59:46,160
before the cell wicks here that price reacted to now again you're going to
1013
00:59:46,160 --> 00:59:48,960
think well which one do i draw my zone from how am i going to know if it's
1014
00:59:48,960 --> 00:59:51,920
going to be the whole range or it's just going to be this wick up here or the
1015
00:59:51,920 --> 00:59:54,880
spider cell works here right because there's going to be zones
1016
00:59:54,880 --> 00:59:57,920
all over the place but again you don't always need to know
1017
00:59:57,920 --> 01:00:00,960
because if you're looking and you just know that this general area is where
1018
01:00:00,960 --> 01:00:04,880
you're expecting potentially a lower height to form you can then sit on the
1019
01:00:04,880 --> 01:00:08,000
lower time frames and wait for the lower time frames to start to switch bearish
1020
01:00:08,000 --> 01:00:10,480
all right and then you can look for your entry models within there right which
1021
01:00:10,480 --> 01:00:14,000
we'll cover at a later date and that's why you know you don't have to always
1022
01:00:14,000 --> 01:00:17,440
know but it's more that when you see price violent react and you see price
1023
01:00:17,440 --> 01:00:20,640
start to break structure and other time frames and you see demand start to take
1024
01:00:20,640 --> 01:00:24,319
control and the lower time frame supply starts to fail you can then look left
1025
01:00:24,319 --> 01:00:28,000
and you can understand why price is doing that it has mitigated something
1026
01:00:28,000 --> 01:00:31,280
significant right it's not just reacting to thin air and it can then give you a
1027
01:00:31,280 --> 01:00:34,319
lot more confidence that that stuff you're seeing on the lower time frame
1028
01:00:34,319 --> 01:00:38,160
isn't giving you full signals and this is a strong lower high to want to trade
1029
01:00:38,160 --> 01:00:41,200
and then that can increase your probability now of course there are
1030
01:00:41,200 --> 01:00:44,160
other things that we can do to anticipate ahead of time which zones are
1031
01:00:44,160 --> 01:00:47,520
going to be higher probability because in this case this buy to sell wix was
1032
01:00:47,520 --> 01:00:50,559
actually a demand uh a surprise demand flip which will
1033
01:00:50,559 --> 01:00:53,839
cover that later they don't i don't worry about that too much just now but
1034
01:00:53,839 --> 01:00:57,200
there are things that we can do right that will help us ahead of time to
1035
01:00:57,200 --> 01:01:00,400
anticipate that but yeah i do just really want to drive the home the point
1036
01:01:00,400 --> 01:01:03,599
home now is we will never truly know which zone is going to cause the move to
1037
01:01:03,599 --> 01:01:07,119
cause the next swing run but we can outline them ahead of time and then we
1038
01:01:07,119 --> 01:01:09,760
can start to you know rank them in the back of our heads well which ones are
1039
01:01:09,760 --> 01:01:12,720
the highest probability because you know back here when price breaks
1040
01:01:12,720 --> 01:01:15,680
that low and then we've got you know one two
1041
01:01:15,680 --> 01:01:18,400
uh three you know potentially up in this wick and then you can refine all those
1042
01:01:18,400 --> 01:01:21,359
zones to even smaller ways you kind of end up with you know five six possible
1043
01:01:21,359 --> 01:01:24,960
combinations of where price may react it doesn't matter which one which is the
1044
01:01:24,960 --> 01:01:27,920
one that ultimately goes because look how many training opportunities we get
1045
01:01:27,920 --> 01:01:30,880
this entire time right we can start to trade you know these demand zones here
1046
01:01:30,880 --> 01:01:34,799
short little quick moves we can play ping pong we don't have to do that
1047
01:01:34,799 --> 01:01:37,839
but we can do intraday we want we can start playing the ranges but again
1048
01:01:37,839 --> 01:01:40,640
imagine this is the monthly chart right or the weekly chart
1049
01:01:40,640 --> 01:01:43,040
these are going to be big moves we can take advantage of it's just having an
1050
01:01:43,040 --> 01:01:47,760
understanding that although this is a you know this is
1051
01:01:47,760 --> 01:01:52,400
right here this is an m15 demand zone and that's why you often see a reaction
1052
01:01:52,400 --> 01:01:56,240
to the upside because you understand market structure because you understand
1053
01:01:56,240 --> 01:01:59,760
that although it took this high out all that high is a substructure high right
1054
01:01:59,760 --> 01:02:03,200
because price had a clean move down and it pulled back and then it took out that
1055
01:02:03,200 --> 01:02:06,400
substructure high so it didn't take a lot of money to take out a high like
1056
01:02:06,400 --> 01:02:10,400
that that is not a significant high right so when price comes back in yes
1057
01:02:10,400 --> 01:02:13,440
there's a reaction but ultimately supply is now in control right we're getting
1058
01:02:13,440 --> 01:02:17,039
those series of mitigations and we're coming to the downside right now in this
1059
01:02:17,039 --> 01:02:20,799
case price then does push back up but supplies in control again and then old
1060
01:02:20,799 --> 01:02:24,799
areas of demand here right demand there small time reaction we come back down
1061
01:02:24,799 --> 01:02:27,839
all right so on and so forth
1062
01:02:27,839 --> 01:02:31,440
and then we have old areas of supply yeah anyway i'm beating the beating this
1063
01:02:31,440 --> 01:02:35,039
to death a little bit um i want to leave that there now before kind of this goes
1064
01:02:35,039 --> 01:02:37,920
on a little bit too long yeah hopefully you guys have started to take some value
1065
01:02:37,920 --> 01:02:41,520
from that play around with it um yeah start to draw your zones on there if
1066
01:02:41,520 --> 01:02:43,680
you're getting a little bit overwhelmed just keep it simple again just go back
1067
01:02:43,680 --> 01:02:46,799
up to the weekly time frame just concentrate on the big swing points of
1068
01:02:46,799 --> 01:02:49,280
the market right don't even worry too much about kind of the decisions
1069
01:02:49,280 --> 01:02:52,400
everything in the middle concentrate on those big swings initially um you know
1070
01:02:52,400 --> 01:02:55,680
the real obvious ones on the daily chart and then you know even if you literally
1071
01:02:55,680 --> 01:02:58,640
just had this daily zone drawn down here within a weekly chart then go down to
1072
01:02:58,640 --> 01:03:01,520
the four-hour chart and just anticipate how you could use the 4 out of 15 maybe
1073
01:03:01,520 --> 01:03:04,880
even lower to anticipate all of those big daily swings right
1074
01:03:04,880 --> 01:03:07,520
yes we can trade all this in the middle and you will learn how to do that but
1075
01:03:07,520 --> 01:03:11,200
it's a lot more advanced it's a lot more messy what i would advise now and my
1076
01:03:11,200 --> 01:03:14,000
best advice would be is just go down to all of these big swing points right
1077
01:03:14,000 --> 01:03:17,839
where all your big circles are and just concentrate on those because those are
1078
01:03:17,839 --> 01:03:21,280
the the the highest property areas for us to be looking to position ourselves
1079
01:03:21,280 --> 01:03:23,920
because they're going to give us the right the highest risk to reward
1080
01:03:23,920 --> 01:03:27,119
positions rather than trying to trade the mess in the middle you will learn
1081
01:03:27,119 --> 01:03:30,640
how to do that if you wish to do so but those big spring points are really
1082
01:03:30,640 --> 01:03:34,079
where you know that that that big professional um you know high risk
1083
01:03:34,079 --> 01:03:38,400
reward high strike rate training is going to occur so i'll leave that there
1084
01:03:38,400 --> 01:03:41,920
before i talk any longer um yeah see how you get on as always post shots in the
1085
01:03:41,920 --> 01:03:45,440
community if you want any feedback yeah and just make sure you enjoy it
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01:03:45,440 --> 01:03:48,440
alright117497
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