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These are the user uploaded subtitles that are being translated: 1 00:00:00,560 --> 00:00:04,319 all right so now we should be ready to essentially apply all of that 2 00:00:04,319 --> 00:00:07,759 theoretical concepts that we've gone through from every lesson that you have 3 00:00:07,759 --> 00:00:12,400 now watched so far in this technical analysis module and we can start to 4 00:00:12,400 --> 00:00:16,400 slowly apply that to the charts on these realistic uh 5 00:00:16,400 --> 00:00:20,640 price action examples so obviously the main way we're going to be 6 00:00:20,640 --> 00:00:25,840 concentrating on uh using supply and demand zones is by looking at those ones 7 00:00:25,840 --> 00:00:30,080 that lead to breaks of structure so we're just going to keep it super simple 8 00:00:30,080 --> 00:00:34,079 take one time frame at a time again as always starting from you know 9 00:00:34,079 --> 00:00:39,760 our top time frame and then slowly working our uh way down so 10 00:00:39,760 --> 00:00:42,960 this was the range that we were looking at but um what i'm actually going to do 11 00:00:42,960 --> 00:00:46,399 is just quickly go through back a little bit of price action just to show you you 12 00:00:46,399 --> 00:00:50,559 know again how this literally just applies to any time frame you are 13 00:00:50,559 --> 00:00:54,239 looking at so if we look at this big uh weekly breaker structure here to the 14 00:00:54,239 --> 00:00:58,000 downside um as we can see right talked about the decisional and the extreme 15 00:00:58,000 --> 00:01:01,840 right obviously somewhere up here is that extreme weekly supply zone which 16 00:01:01,840 --> 00:01:06,400 price has come up nowhere there since it was created uh back up here in around 17 00:01:06,400 --> 00:01:09,520 may 2014 but then what do we have down here we 18 00:01:09,520 --> 00:01:13,840 had this buy before the cell that pivot created demand so if i draw this on 19 00:01:13,840 --> 00:01:17,119 right so you can draw it from the bullish candle right all the way up to 20 00:01:17,119 --> 00:01:19,680 the wick so i'll just zoom straight in so you can see what i'm doing right this 21 00:01:19,680 --> 00:01:23,200 bullish candle to the wick there and i'm just putting my 22 00:01:23,200 --> 00:01:27,840 weekly template all right and that is your essentially your pivot created 23 00:01:27,840 --> 00:01:32,799 supply that led to the break of this major weekly low here and then we can 24 00:01:32,799 --> 00:01:36,159 drag that across and we can see that's where price spiked up right takes a 25 00:01:36,159 --> 00:01:39,119 little while to play out so a little while on the weekly chart right just a 26 00:01:39,119 --> 00:01:41,920 few candles but of course if you're sitting through this on live chat and 27 00:01:41,920 --> 00:01:46,079 that's from what the 22nd of january until about uh towards the end of april 28 00:01:46,079 --> 00:01:48,240 before that price actually starts to move so this is another thing you're 29 00:01:48,240 --> 00:01:51,759 gonna have to bear in mind when using multi-timeframe analysis when in the 30 00:01:51,759 --> 00:01:56,159 live market price can enter a weekly zone but you can be trading you know day 31 00:01:56,159 --> 00:02:00,159 to day for months at a time before that zone actually starts to play out right 32 00:02:00,159 --> 00:02:04,000 you have to kind of think of you know that cruise liner in the ocean trying to 33 00:02:04,000 --> 00:02:06,479 turn around if you're looking at the charts you know 34 00:02:06,479 --> 00:02:09,119 every minute day by day it's going to take a hell of a long time and sometimes 35 00:02:09,119 --> 00:02:12,560 you can forget where we are within the hard time frames and actually this is 36 00:02:12,560 --> 00:02:15,840 what's happening it's generating liquidity it's taking time um whilst 37 00:02:15,840 --> 00:02:19,280 those orders are exchanging hands before eventually that weekly supply then takes 38 00:02:19,280 --> 00:02:22,959 control and then you end up seeing that weekly trend change right where we then 39 00:02:22,959 --> 00:02:24,720 get uh 40 00:02:24,720 --> 00:02:28,720 that weekly uh break of structure there to the downside and then the weekly 41 00:02:28,720 --> 00:02:32,480 chart switches bearish again right when we're back down here 42 00:02:32,480 --> 00:02:37,120 when when the weekly chart was bearish from this huge run back down in 2014 and 43 00:02:37,120 --> 00:02:40,319 then what happened price took the low it goes below the low which means that we 44 00:02:40,319 --> 00:02:45,360 then had a high wiki being the highest high up here and we got that break of 45 00:02:45,360 --> 00:02:50,239 structure uh to the upside right so then when price trickled down for almost two 46 00:02:50,239 --> 00:02:55,360 years what then happened it came down to the extreme so we draw this on all right 47 00:02:55,360 --> 00:02:58,560 so we have essentially this entire range right you can take the whole range or 48 00:02:58,560 --> 00:03:01,440 you can start to refine it a little bit because really what this range will be 49 00:03:01,440 --> 00:03:04,480 is more like a monthly pivot or a monthly candle so we want to be a little 50 00:03:04,480 --> 00:03:07,920 bit more accurate we can kind of see you know if you look at the price action uh 51 00:03:07,920 --> 00:03:11,280 what happened what price came up right it's come back down mitigated any demand 52 00:03:11,280 --> 00:03:14,319 within there it's had a minor break of that high there it's come back down and 53 00:03:14,319 --> 00:03:17,840 it's mitigated any of the demand in here and then the move went so really this is 54 00:03:17,840 --> 00:03:21,440 where we can then refine that range it's kind of where that last pivot was of 55 00:03:21,440 --> 00:03:24,480 whoops of where that kind of last sell before the buy 56 00:03:24,480 --> 00:03:27,840 came in with that demand that true weekly demand stepped in 57 00:03:27,840 --> 00:03:32,640 for price to then lead on to causing that break of structures upside and 58 00:03:32,640 --> 00:03:36,879 causing that weekly trend change so you can see you know the the the the larger 59 00:03:36,879 --> 00:03:40,560 the zone that you take you will see price react to it but it can be quite a 60 00:03:40,560 --> 00:03:44,640 while before we actually get that that large shift in price traction right so 61 00:03:44,640 --> 00:03:47,120 this is going to way you're going to have to it's going to be 62 00:03:47,120 --> 00:03:49,920 different for every trader i've kind of tried to speak about this a little bit 63 00:03:49,920 --> 00:03:53,760 before when we've been going through the the theory videos that there are you 64 00:03:53,760 --> 00:03:56,879 know multiple ways in which you can draw your supply and demand 65 00:03:56,879 --> 00:03:59,360 and it's just going to depend on each individual trailer so what i mean by 66 00:03:59,360 --> 00:04:02,959 that is we've taken quite a large pivot here right the largest cell before the 67 00:04:02,959 --> 00:04:06,640 buy and that's a completely valid demand zone but it says large zone right if i 68 00:04:06,640 --> 00:04:11,280 just measure that in pips that's 300 and you know roughly 330 pip 69 00:04:11,280 --> 00:04:14,560 range to play with it so the moment we come down in here right and we start to 70 00:04:14,560 --> 00:04:17,919 react you can start to look for longs and you can trade these reactions 71 00:04:17,919 --> 00:04:20,880 because on the weekly chart that only looks like a tiny little move but in 72 00:04:20,880 --> 00:04:24,479 reality let's see that moved you know 73 00:04:24,479 --> 00:04:28,639 what's that 30 pips i'm sorry 301 74 00:04:28,639 --> 00:04:32,720 yeah 301 pips that is that's a 301 pip move sorry so that's quite a lot to to 75 00:04:32,720 --> 00:04:35,360 trade from an injury basis right if we can be entering in on the lower time 76 00:04:35,360 --> 00:04:38,800 frames that's a decent move to be taken in but then we have to realize that 77 00:04:38,800 --> 00:04:42,240 actually once you refine the zone to either the last level before the buy 78 00:04:42,240 --> 00:04:45,280 then that's kind of where that true move can happen and that's where you can you 79 00:04:45,280 --> 00:04:48,320 know increase your accuracy and your strike rate and your reward to risk 80 00:04:48,320 --> 00:04:50,479 ratio so this is another little thing that we 81 00:04:50,479 --> 00:04:54,400 haven't spoken too much about but if you refine your multiple can or pivot 82 00:04:54,400 --> 00:04:58,080 zone into just that one candle the last cell before the buy this is completely 83 00:04:58,080 --> 00:05:02,560 valid so if i zoom in and show you right to draw it like this but however another 84 00:05:02,560 --> 00:05:07,120 way you can kind of um draw the zones which is essentially you keep refining 85 00:05:07,120 --> 00:05:10,000 it to the next candle that is then engulfed so you see in this case if i 86 00:05:10,000 --> 00:05:13,919 refine it to this candle the next candle then does close above it so there's kind 87 00:05:13,919 --> 00:05:17,520 of not a super strict way in which you do it you can count that as valid so the 88 00:05:17,520 --> 00:05:21,360 last cell before the buy or you can refine it to the next candle that is 89 00:05:21,360 --> 00:05:25,520 then engulfed right so technically you know if you're being super super strict 90 00:05:25,520 --> 00:05:29,520 demand should be drawn from a bearish candle or a bearish range that then 91 00:05:29,520 --> 00:05:33,520 causes the bullish move so in this case you're drawing demand on a bullish 92 00:05:33,520 --> 00:05:37,120 candle a bullish candle before a bullish candle so if you're being 93 00:05:37,120 --> 00:05:41,280 very strict and very you know true to the true way demand and supply should be 94 00:05:41,280 --> 00:05:44,479 drawn this may not be valid but this is a very 95 00:05:44,479 --> 00:05:48,880 very uh valid refinement in my opinion and i've tested 96 00:05:48,880 --> 00:05:52,639 this load it works more than well and just to keep refining that to the candle 97 00:05:52,639 --> 00:05:57,199 that then gets in golf decay so both are valid um it's up to you to find what 98 00:05:57,199 --> 00:06:00,720 works for you in this case so as we can see um you 99 00:06:00,720 --> 00:06:04,319 know price took this low here so in fact it was actually bearish right because we 100 00:06:04,319 --> 00:06:07,039 took that high so that's when we switched bullish but then we switched 101 00:06:07,039 --> 00:06:11,360 bearish again we came down to mitigate that demand and then that led to another 102 00:06:11,360 --> 00:06:15,039 uh break of structure over here so why not draw that on 103 00:06:15,039 --> 00:06:18,880 right and then that pretty much brings us to the range that we've been mainly 104 00:06:18,880 --> 00:06:23,919 concentrating on this whole time right but one thing did you notice 105 00:06:23,919 --> 00:06:27,600 why or let's okay let's take this a little bit so when we had this pool back 106 00:06:27,600 --> 00:06:30,880 here right we're clearly in a weekly bullish trend right we created that 107 00:06:30,880 --> 00:06:34,080 higher high we had a nice shallow pullback right with all that 108 00:06:34,080 --> 00:06:37,759 momentum how likely are we to pull back to the eq potentially not so likely 109 00:06:37,759 --> 00:06:42,160 after that first initial trend change and we mitigated you know that that last 110 00:06:42,160 --> 00:06:45,840 area of demand right we've seen that big injection of bullish capital that demand 111 00:06:45,840 --> 00:06:49,759 stepping in shallow back and then we get another break of structure giving us 112 00:06:49,759 --> 00:06:53,120 this weekly high and this weekly low when we get the weekly break of 113 00:06:53,120 --> 00:06:56,479 structure right what do we expect to expect a weekly pullback how can we 114 00:06:56,479 --> 00:06:59,759 anticipate the weekly pullback we get a weekly change of character where we take 115 00:06:59,759 --> 00:07:03,120 the high and then we take the low and then we get that daily trend change 116 00:07:03,120 --> 00:07:06,960 which initiates the weekly pullback right what's another thing we can use to 117 00:07:06,960 --> 00:07:10,639 anticipate where this weekly pullback is likely to occur supply and demand zones 118 00:07:10,639 --> 00:07:14,560 right so obviously for a bullish a bearish pullback in a bullish trend we'd 119 00:07:14,560 --> 00:07:18,400 expect price to come and mitigate supply right so 120 00:07:18,400 --> 00:07:21,840 we're just running this in a little bit we can focus on this fresh weekly supply 121 00:07:21,840 --> 00:07:25,360 zone that led to what led to that break of structure so if we draw on our weekly 122 00:07:25,360 --> 00:07:28,560 zone and you can literally take the entire range from the lowest point to 123 00:07:28,560 --> 00:07:31,599 the highest point and then draw that across you can see as soon as price came 124 00:07:31,599 --> 00:07:35,199 in you start to see that sensitivity and price action you start to see some of 125 00:07:35,199 --> 00:07:39,120 that supply from this range start to be filled right but obviously price can go 126 00:07:39,120 --> 00:07:42,960 a little bit higher and it ends up mitigating the eq of that range you see 127 00:07:42,960 --> 00:07:46,960 how it pretty much hits bang on the 50 of that entire range that is what you'll 128 00:07:46,960 --> 00:07:50,479 see happen often a lot with these zones these range created zones or even just 129 00:07:50,479 --> 00:07:55,039 one candle you will see that price loves to hit the eq and before it kind of you 130 00:07:55,039 --> 00:07:58,720 know gets enough of those orders mitigates 50 of the range and then we 131 00:07:58,720 --> 00:08:01,599 see that move there but how could we have also refined that range where you 132 00:08:01,599 --> 00:08:04,879 could have refined it to more of the pivot right so you can see here if i 133 00:08:04,879 --> 00:08:09,680 just do that now so from that candle this high to that low 134 00:08:09,680 --> 00:08:12,720 what do we have well we have price come down 135 00:08:12,720 --> 00:08:17,919 uh get the pen tool to work there we go price comes down right it comes up and 136 00:08:17,919 --> 00:08:21,199 it comes down again and then you get that last buy range right before the 137 00:08:21,199 --> 00:08:24,479 cell and that can kind of be your pivot there or you can refine it a little bit 138 00:08:24,479 --> 00:08:28,000 more and you want to take the last buy before the sale which is also valid or 139 00:08:28,000 --> 00:08:31,199 like i was just saying right because the next candle fails to close below that 140 00:08:31,199 --> 00:08:35,680 wick um a lot of people can then refine it to that candle there and that can be 141 00:08:35,680 --> 00:08:38,640 your most refined way essentially of refining 142 00:08:38,640 --> 00:08:42,800 that range down to that one candle right so that would be i guess your most 143 00:08:42,800 --> 00:08:46,160 refined uh sort of hallway but then if you want to be a bit more fractal and 144 00:08:46,160 --> 00:08:50,880 refine it even further what can you do you can refine that to the wick right 145 00:08:50,880 --> 00:08:54,240 um because obviously this is a bearish candle and like i was saying right 146 00:08:54,240 --> 00:08:59,600 technically supplies should be a bullish candle before the sale right um i still 147 00:08:59,600 --> 00:09:02,480 view this as valid this definitely works you'll find it from the testing it does 148 00:09:02,480 --> 00:09:06,720 as well but then sometimes what you can do is if you see that it's it's you know 149 00:09:06,720 --> 00:09:10,000 the only candle that is then engulfed like we have here was the bearish 150 00:09:10,000 --> 00:09:12,800 counter before so it's two bearish candles right it doesn't make sense 151 00:09:12,800 --> 00:09:16,080 because it should be the buy before the cell then what you'll often find not 152 00:09:16,080 --> 00:09:19,120 always but what you'll often find when that happens is that you can then refine 153 00:09:19,120 --> 00:09:22,560 it to the wick right could do that fractal refinement because on a lower 154 00:09:22,560 --> 00:09:26,959 time frame this wick here will very likely have that bullish candle in this 155 00:09:26,959 --> 00:09:30,320 wick right that then gets engulfed and then if you were to you know go and look 156 00:09:30,320 --> 00:09:34,160 at that wick on a lower time frame that that up move here will be a bullish 157 00:09:34,160 --> 00:09:38,080 candle followed by a bearish candle on the daily or the four hour right so on 158 00:09:38,080 --> 00:09:40,800 and so forth so we're getting a little bit lost in the 159 00:09:40,800 --> 00:09:44,320 detail here right these are very very extra kind of little refinements they 160 00:09:44,320 --> 00:09:47,600 don't make a massive difference this is kind of for you more advanced guys are 161 00:09:47,600 --> 00:09:50,320 you guys kind of further on in the journey it's not it's not the be all in 162 00:09:50,320 --> 00:09:54,160 the end all what really matters here is that you've refined this whole range 163 00:09:54,160 --> 00:09:57,279 which is probably more likely to be a big monthly candle right and you just 164 00:09:57,279 --> 00:10:01,120 refine that down to either that last pivot right that kind of last 165 00:10:01,120 --> 00:10:04,720 bullish bit before the for the cell or you can refine it all the way down to 166 00:10:04,720 --> 00:10:08,480 that one candle okay just to be a little bit more accurate 167 00:10:08,480 --> 00:10:11,440 and then we spike into here and then what can we expect right so now we 168 00:10:11,440 --> 00:10:14,720 expect that pullback we get our change of character and we can expect price to 169 00:10:14,720 --> 00:10:18,720 pull potentially back down into the discount now what can we look for for to 170 00:10:18,720 --> 00:10:22,640 help increase the probability that that weekly higher low may be in 171 00:10:22,640 --> 00:10:25,360 place when it's in the discount and we can wait for what that change of 172 00:10:25,360 --> 00:10:28,240 character we get that minor bullish pullback price comes down to formula 173 00:10:28,240 --> 00:10:32,240 minor low and then we take the high rise so what happened there is we had a minor 174 00:10:32,240 --> 00:10:36,480 low took the high that's a weekly change of character which we know now was our 175 00:10:36,480 --> 00:10:40,240 daily bullish trend change but how could we have anticipated ahead of time how 176 00:10:40,240 --> 00:10:44,560 far we were likely to pull back well we can look at one the most unrefined way 177 00:10:44,560 --> 00:10:47,360 would be to take this entire weekly range right 178 00:10:47,360 --> 00:10:50,640 so you can see here as soon as price comes in there's a bit of a reaction but 179 00:10:50,640 --> 00:10:53,360 some massive master zone right it's more of a monthly candle we want to refine 180 00:10:53,360 --> 00:10:57,279 that down so what we can do is refine it to that last cell before the buy right 181 00:10:57,279 --> 00:11:00,560 and you see in this case it gets engulfed so that's kind of your your 182 00:11:00,560 --> 00:11:05,519 really true way in which you should um you know technically join us your your 183 00:11:05,519 --> 00:11:09,279 uh demand zones now you see here how i've included the wick of that bear of 184 00:11:09,279 --> 00:11:12,720 the bullish candle um you don't have to do this but you know it's the way i do i 185 00:11:12,720 --> 00:11:16,480 would advise you do it because what's really happened right is price has been 186 00:11:16,480 --> 00:11:20,000 selling selling and selling right that weekly counter closes but that doesn't 187 00:11:20,000 --> 00:11:23,839 stop price keeps going down in this candle here and then the demand steps in 188 00:11:23,839 --> 00:11:27,680 right so that's why i always include the wick because what can also happen right 189 00:11:27,680 --> 00:11:31,920 is if you only draw the weekly zone just on the bearish candle 190 00:11:31,920 --> 00:11:36,240 what can sometimes happen is price didn't in this case or at least so far 191 00:11:36,240 --> 00:11:39,519 um price can come down it can come a little bit lower than your zone and it 192 00:11:39,519 --> 00:11:43,200 can react to the demand that's within that wick and then price can go so 193 00:11:43,200 --> 00:11:46,000 that's why i would always advise you do 194 00:11:46,000 --> 00:11:50,560 cover the wick in that case okay so 195 00:11:50,560 --> 00:11:54,160 very simple terms what's happened well we started a bullish trend right broke 196 00:11:54,160 --> 00:11:58,240 that high we mitigated an old area of supply so that's what you'll find right 197 00:11:58,240 --> 00:12:01,360 when you know excuse me when we were back all the way 198 00:12:01,360 --> 00:12:04,480 over here price then led when that supply came in 199 00:12:04,480 --> 00:12:07,760 it led to the break of structure if we were looking to trade the market 200 00:12:07,760 --> 00:12:11,360 back then and we see that pullback right we could anticipate that price may want 201 00:12:11,360 --> 00:12:14,399 to come up to that that origin that extreme supply zone that led to the 202 00:12:14,399 --> 00:12:16,959 breaking structure down here right and then we can look for shorts then 203 00:12:16,959 --> 00:12:20,000 continue that move but of course it doesn't have to do that but that doesn't 204 00:12:20,000 --> 00:12:22,639 mean that this is now invalidated because the price then continues to 205 00:12:22,639 --> 00:12:25,920 trend to the downside nope that supply will still be valid it just means that 206 00:12:25,920 --> 00:12:29,440 we can use it at a latest later date right so then when we start to revisit 207 00:12:29,440 --> 00:12:33,279 those prices over here we can then look left see okay we have an unmitigated 208 00:12:33,279 --> 00:12:37,839 area of uh weekly supply so unmitigated essentially all that means is that it's 209 00:12:37,839 --> 00:12:42,720 fresh price hasn't touched into it right um so now what you'll find in a bullish 210 00:12:42,720 --> 00:12:48,000 market is that previous supply zones will just lead to pullbacks right so we 211 00:12:48,000 --> 00:12:51,120 can expect a decent bearish reaction from here 212 00:12:51,120 --> 00:12:56,160 but market structure and expectational order flow is more important in terms of 213 00:12:56,160 --> 00:13:00,000 we expect this low to hold so although this is a strong area of supply because 214 00:13:00,000 --> 00:13:03,360 it caused a break of structure because we are still in a bullish trend 215 00:13:03,360 --> 00:13:08,160 now it's just to initiate the pullback we don't expect it to necessarily break 216 00:13:08,160 --> 00:13:11,519 the slow right purely just from a weekly market perspective we expect this just 217 00:13:11,519 --> 00:13:15,600 to initiate the pullback and for demand to stay in control and for this to hold 218 00:13:15,600 --> 00:13:19,519 and for price to form a higher high now of course that doesn't have to happen 219 00:13:19,519 --> 00:13:23,760 we could see this logo but that's the blind assumption that we run with until 220 00:13:23,760 --> 00:13:28,399 proven otherwise that demand is in control in a bullish market okay so 221 00:13:28,399 --> 00:13:31,760 that's one way you can draw the weekly demand zone as you can see that's what 222 00:13:31,760 --> 00:13:35,680 price eventually led to react to but you could have also been looking um you know 223 00:13:35,680 --> 00:13:39,040 at the last more of the decision all right this so before the buy or you 224 00:13:39,040 --> 00:13:43,040 could have refined that further right to the actual candle that gets engulfed 225 00:13:43,040 --> 00:13:46,079 right this you can see this candle then gets engulfed and that's absolutely 226 00:13:46,079 --> 00:13:48,639 valid um you know make sure you include the wick and that as well the next 227 00:13:48,639 --> 00:13:51,360 candle and you can see here right there's reactions from there and you can 228 00:13:51,360 --> 00:13:54,720 use this as tradable knowledge but you have to understand that price could come 229 00:13:54,720 --> 00:13:59,440 lower like it ended up doing to mitigate the actual origin or the extreme 230 00:13:59,440 --> 00:14:03,360 or another way you could refine this uh single candle even further right because 231 00:14:03,360 --> 00:14:06,399 remember when i said demand should really you know technically it should be 232 00:14:06,399 --> 00:14:10,000 on a on a bearish candle before the bullish move this is still valid for me 233 00:14:10,000 --> 00:14:12,880 but if you're being super strict it should be so then what some people do is 234 00:14:12,880 --> 00:14:15,600 they will just do the fractal refinement instead 235 00:14:15,600 --> 00:14:19,120 if we get it to work there we go down to this wick why right why would they do 236 00:14:19,120 --> 00:14:22,880 that well because on a lower time frame that wick is going to have at some point 237 00:14:22,880 --> 00:14:26,000 on one time frame it's going to be a bearish candle that then gets engulfed 238 00:14:26,000 --> 00:14:28,639 right and then that's why we see this reaction here but it's just a 239 00:14:28,639 --> 00:14:31,440 short-lived reaction uh in terms of the weekly chart and we go a little bit 240 00:14:31,440 --> 00:14:35,920 lower because it wants to mitigate uh that extreme demand zone down here so 241 00:14:35,920 --> 00:14:38,880 i'm going to keep it simple for now and just leave that one drawn on but i just 242 00:14:38,880 --> 00:14:41,760 want to show you you know it's not always black and white um you know 243 00:14:41,760 --> 00:14:45,440 sometimes in live market you can spot multiple zones you can see you know 244 00:14:45,440 --> 00:14:49,040 various ways in which you can refine it um but that's what we'll use 245 00:14:49,040 --> 00:14:52,079 multi-timeframe analysis to help us do right you don't have to just be stuck on 246 00:14:52,079 --> 00:14:55,120 one time frame going you know do i show from this range do i take the one candle 247 00:14:55,120 --> 00:14:58,880 do i take the wick do i take the cell before the buy right you can be aware of 248 00:14:58,880 --> 00:15:01,519 all of it so you understand what's happening when price starts to react to 249 00:15:01,519 --> 00:15:04,800 certain points in the market but what we will do is we will drill down into the 250 00:15:04,800 --> 00:15:08,880 lower time frames and we will investigate what's within this big 251 00:15:08,880 --> 00:15:11,920 weekly zone like this big cell before the buy and then we'll use those time 252 00:15:11,920 --> 00:15:15,440 frames to help refine it even further but just purely from you know the weekly 253 00:15:15,440 --> 00:15:17,920 chart we can just leave it that we can leave it unrefined we can leave it as a 254 00:15:17,920 --> 00:15:21,680 big zone like this and we're just aware that all these four or five weeks when 255 00:15:21,680 --> 00:15:25,199 prices tapping into here we can be aware at any point that weekly high low is 256 00:15:25,199 --> 00:15:28,079 going to kick in but we'll look within here to look for those lower timeframe 257 00:15:28,079 --> 00:15:32,399 zones right to help us time that potential weekly high low and that 258 00:15:32,399 --> 00:15:35,920 potential weekly higher on so that's pretty much where we are at the 259 00:15:35,920 --> 00:15:39,040 moment with the weekly chart so i'm going to leave that for there for now um 260 00:15:39,040 --> 00:15:42,959 and we're going to dive down into the daily chart and see if we can 261 00:15:42,959 --> 00:15:47,600 you know see how price action reacted with all of that weekly price action so 262 00:15:47,600 --> 00:15:52,480 obviously that was the weekly zone here let's quick scroll across now we had see 263 00:15:52,480 --> 00:15:56,160 as well you can refine us even further so could we refine this weekly zone to a 264 00:15:56,160 --> 00:16:01,040 daily zone well you could take um you know this entire kind of cell before the 265 00:16:01,040 --> 00:16:05,519 buy that whole pivot there right or we can refine it to uh that doji that 266 00:16:05,519 --> 00:16:08,800 probably includes the top wick um or you could refine it even further to actually 267 00:16:08,800 --> 00:16:12,800 the candle that then gets engulfed and we can do something like that and then 268 00:16:12,800 --> 00:16:15,519 if we drag it all the way across let's see if price does actually come up to 269 00:16:15,519 --> 00:16:19,600 mitigate that so as you can see price then taps into that daily zone nested 270 00:16:19,600 --> 00:16:24,399 within the weekly zone right so 271 00:16:24,399 --> 00:16:28,720 price for them reacts from daily supply nested within weekly supply rights 272 00:16:28,720 --> 00:16:32,560 mitigated the eq of the weekly range then what do we get we get that daily 273 00:16:32,560 --> 00:16:35,680 change of character right when we break that minor daily low which would most 274 00:16:35,680 --> 00:16:40,000 likely be what our four hour swing low so our four hour bearish trend change 275 00:16:40,000 --> 00:16:43,199 and then eventually we come down into this daily low and we get a break and 276 00:16:43,199 --> 00:16:48,160 close below that daily low to give us uh our daily bearish trend 277 00:16:48,160 --> 00:16:51,360 change right so the daily is now confirmed bearish and 278 00:16:51,360 --> 00:16:54,399 that is where we got our weekly change of character and now we can really start 279 00:16:54,399 --> 00:16:58,240 to anticipate that weekly pullback down towards the discount of this 280 00:16:58,240 --> 00:17:04,799 uh bullish weekly leg right and then down into our area of weekly demand 281 00:17:04,799 --> 00:17:09,199 but what do we have purely from a daily chart perspective to potentially 282 00:17:09,199 --> 00:17:12,880 anticipate where the daily chart may reverse from or at least get a bullish 283 00:17:12,880 --> 00:17:16,480 reaction well we have this pivot created demand right this cell before the buy 284 00:17:16,480 --> 00:17:20,480 that leads to the break of that weekly swing high so we can draw that across as 285 00:17:20,480 --> 00:17:24,079 well and what do we get we get a very very nice daily reaction right but we 286 00:17:24,079 --> 00:17:27,679 have to understand is this whole time it's just a decisional price can 287 00:17:27,679 --> 00:17:31,039 definitely come down to any of these areas of demand within the extreme and 288 00:17:31,039 --> 00:17:34,480 come down towards this weekly zone so these are still tradable because as you 289 00:17:34,480 --> 00:17:38,000 can see we get really nice sustained daily move that you know at least from 290 00:17:38,000 --> 00:17:41,280 an interstate perspective as well we can take advantage of but you have to manage 291 00:17:41,280 --> 00:17:45,120 about the expectations in the back of your head that potentially it's just a 292 00:17:45,120 --> 00:17:48,480 reaction point to then generate liquidity for price to then come lower 293 00:17:48,480 --> 00:17:52,480 um right because once this area of demand has been mitigated remember what 294 00:17:52,480 --> 00:17:56,080 does that mean it means all those buy orders all of that demand sitting within 295 00:17:56,080 --> 00:18:00,480 here has now been filled and that causes this move here right whilst demand 296 00:18:00,480 --> 00:18:04,400 temporarily over power supply but because we are still in a bearish market 297 00:18:04,400 --> 00:18:08,240 because this is the daily swing high price fails to close above it right so 298 00:18:08,240 --> 00:18:11,760 the daily has remained bearish right and then we come lower 299 00:18:11,760 --> 00:18:14,480 because we're in that bearish trend the entire time 300 00:18:14,480 --> 00:18:18,720 daily supply is in control so when we come up here and we fail to close above 301 00:18:18,720 --> 00:18:21,840 we grab that liquidity and we start coming down we assume that this is a 302 00:18:21,840 --> 00:18:27,120 weak low but what else what has also happened from a demand perspective well 303 00:18:27,120 --> 00:18:30,400 all of those orders have been filled so now when price comes down right there's 304 00:18:30,400 --> 00:18:33,520 nothing stopping it because this has already caused that move away so now 305 00:18:33,520 --> 00:18:36,400 there's just pretty much a vacuum for price to smash through and that's why 306 00:18:36,400 --> 00:18:39,840 you see these big bearish candles for the most part right because there's no 307 00:18:39,840 --> 00:18:43,679 demand until we get down to here because what do we have down here 308 00:18:43,679 --> 00:18:46,799 all right we have this inside bar right you can either take that hole it's 309 00:18:46,799 --> 00:18:50,320 pretty messy price action but you have this whole big cell before the buy 310 00:18:50,320 --> 00:18:53,200 candle right which you can see if you get another reaction from or you could 311 00:18:53,200 --> 00:18:56,000 refine that down to the inside bar right still 312 00:18:56,000 --> 00:18:59,200 include the wick or you could refine it to just the candle of the inside bar 313 00:18:59,200 --> 00:19:02,240 there we go all right because remember an inside bar is just a range on a lower 314 00:19:02,240 --> 00:19:06,080 time frame um and these are very good uh you know 315 00:19:06,080 --> 00:19:10,080 uh candles to keep an eye out on now you can use an indicator because as you 316 00:19:10,080 --> 00:19:13,679 can see here they're colored white for me i'll put a link to that in the notes 317 00:19:13,679 --> 00:19:16,480 below the video and you can put those on your charts and it can really help you 318 00:19:16,480 --> 00:19:19,600 just to spot them at a glance so 319 00:19:19,600 --> 00:19:23,039 again this is an old area of demand it's still fresh 320 00:19:23,039 --> 00:19:27,520 and we just expect a reaction we expect a pullback to initiate from there we do 321 00:19:27,520 --> 00:19:31,039 not expect the daily to go on and make a higher high and have a trend change 322 00:19:31,039 --> 00:19:35,280 right because we just expect the daily trend to continue until it doesn't right 323 00:19:35,280 --> 00:19:38,720 we don't try and second guess too much so when price comes into this inside bar 324 00:19:38,720 --> 00:19:42,320 that can help us to either manage any shorts we're in right well it 325 00:19:42,320 --> 00:19:45,919 doesn't really matter it's just we just use it as training information right so 326 00:19:45,919 --> 00:19:48,880 you can either use it to manage any shorts you're in to understand a 327 00:19:48,880 --> 00:19:52,720 pullback's about to kick in or you can look to play those counter trend daily 328 00:19:52,720 --> 00:19:55,600 pullbacks and you can look to potentially getting along here but just 329 00:19:55,600 --> 00:19:58,640 managing your expectations that it's just a short term pullback a short time 330 00:19:58,640 --> 00:20:01,520 they've moved and we're likely to come lower because now the demand has been 331 00:20:01,520 --> 00:20:05,120 filled the demand has been cleared so now when price forms it's lower high it 332 00:20:05,120 --> 00:20:07,520 does what it needs to do right 333 00:20:07,520 --> 00:20:10,080 now it can smash straight through because there's nothing stopping in its 334 00:20:10,080 --> 00:20:14,000 way until what until it encounters more demand to then initiate another bullish 335 00:20:14,000 --> 00:20:17,840 move right so from a daily chart perspective what we have started to look 336 00:20:17,840 --> 00:20:21,840 at within this massive weekly zone to help refine us right 337 00:20:21,840 --> 00:20:24,640 well we do have this inside bar here but you can kind of see it was already 338 00:20:24,640 --> 00:20:27,760 mitigated by this wick so it's not the best zone you can start to get a little 339 00:20:27,760 --> 00:20:30,880 bit more fractal and you can look within the wick of that inside bar because that 340 00:20:30,880 --> 00:20:33,760 would still be fresh so the wick of that inside bar is likely something on the 341 00:20:33,760 --> 00:20:36,960 four-hour chart and if i draw it across you can see you just get a short-term 342 00:20:36,960 --> 00:20:40,480 pause now it pauses there for three days so from a day shot perspective nothing 343 00:20:40,480 --> 00:20:43,360 happened it looks like it instantly failed but from an intraday perspective 344 00:20:43,360 --> 00:20:46,400 right we can use that as decent information but ultimately price came 345 00:20:46,400 --> 00:20:50,559 lower to do what to mitigate this large candle here right because remember what 346 00:20:50,559 --> 00:20:53,600 i was saying about um 347 00:20:53,840 --> 00:20:58,080 the true areas of demand should be the sale before the buy so if you drew this 348 00:20:58,080 --> 00:21:01,280 whole cell range which is really what we've done with the 349 00:21:01,280 --> 00:21:04,559 demands and right and we just refine it on the daily down to the last sale 350 00:21:04,559 --> 00:21:07,760 before the buy that is definitely valid right and if we draw this across we 351 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 352 00:21:11,679 --> 00:21:15,039 view that as valid because when the stone was created where we had to sell 353 00:21:15,039 --> 00:21:18,320 on the 2nd of november and then it was engulfed by the buy on the 3rd of 354 00:21:18,320 --> 00:21:21,039 november right what happened the next day 355 00:21:21,039 --> 00:21:24,720 well we had all of this demand created here and i would be looking at the 356 00:21:24,720 --> 00:21:28,799 demand zone but the very next day price comes down it fills all of those orders 357 00:21:28,799 --> 00:21:32,480 it smashes straight through right so the minute for me i see the demand zone has 358 00:21:32,480 --> 00:21:35,760 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 360 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 361 00:21:44,320 --> 00:21:47,679 this candle here right this big doji here and then this is the candle that 362 00:21:47,679 --> 00:21:52,159 gets engulfed now there's two reasons why we may want 363 00:21:52,159 --> 00:21:55,840 to refine this daily zone to make it even 364 00:21:55,840 --> 00:22:00,480 smaller and why it would be valid um one because it's obviously a massive 365 00:22:00,480 --> 00:22:03,840 zone but two remember it should really technically be the bearish candidate for 366 00:22:03,840 --> 00:22:07,600 the buy um no for me this is still valid but what you can then do is refine it to 367 00:22:07,600 --> 00:22:10,720 the wick just to make it a bit smaller but also because within that wick there 368 00:22:10,720 --> 00:22:14,159 will then be a bearish count on a lower timeframe that that led to that bullish 369 00:22:14,159 --> 00:22:17,440 break and as you can see pricing came down into there and then that's when we 370 00:22:17,440 --> 00:22:20,880 got what that daily change of character which was that four hour bullish trend 371 00:22:20,880 --> 00:22:24,480 change and all of those signs start to then kick in right we come down towards 372 00:22:24,480 --> 00:22:28,400 the bottom of that strong weekly low that needs to help hold right we've 373 00:22:28,400 --> 00:22:32,400 mitigated the fractal daily wick we've got a daily change of character right 374 00:22:32,400 --> 00:22:36,080 it's the four hour switching bullish and then this is when we come in to our 375 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 377 00:22:43,520 --> 00:22:48,559 expect a daily chart perspective what do we expect at this point we expect a 378 00:22:48,559 --> 00:22:51,840 daily lower high to form right we expect a strong high to hold and we should 379 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 381 00:22:58,559 --> 00:23:02,960 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 383 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 386 00:23:17,280 --> 00:23:21,280 starting to step in and eventually we do break up higher and we get that daily 387 00:23:21,280 --> 00:23:25,039 bearish bullish trend change right but it all led from kind of you know 388 00:23:25,039 --> 00:23:28,799 starting to use multi-timeframe analysis now that price shouldn't break this 389 00:23:28,799 --> 00:23:32,000 weekly low the weekly's bullish it's come down to pretty much the extreme 390 00:23:32,000 --> 00:23:35,280 daily nested within the weekly chart we've got a daily change of character 391 00:23:35,280 --> 00:23:39,039 the four hours now bullish right supply started to fail and then we get that 392 00:23:39,039 --> 00:23:43,360 break of structure and then the daily starts to change trend right so at this 393 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 394 00:23:46,559 --> 00:23:50,480 pro daily trend but we kind of have to use lower timeframe confirmations and 395 00:23:50,480 --> 00:23:56,400 that potentially know that that reversal may be about to occur right 396 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 399 00:24:03,840 --> 00:24:06,720 bit when price started to change down here right we got this daily break of 400 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 412 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 413 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 414 00:24:54,960 --> 00:24:59,520 unmitigated areas of supply over here right this candle here and this kind of 415 00:24:59,520 --> 00:25:02,080 up here in fact what i'll do is draw it on 416 00:25:02,080 --> 00:25:05,840 so whenever these supply zones are created right they're not always going 417 00:25:05,840 --> 00:25:08,480 to be mitigated straight away in that current bearish trend because you can 418 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 422 00:25:21,440 --> 00:25:25,840 become reaction points so they're not continuation points because when we are 423 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 1086 01:03:45,440 --> 01:03:48,440 alright117497

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