Original subtitles

how often you can trade. So just weigh things up and see

your the timing of your trades, how long you do them for and

trades. But yeah anyways guys speak soon and see you in the

See where they're taking profits if you're in the same

time. Um speak to the other traders in the group as well.

hope you took notes for this one obviously this this one is

how your strategy goes as well. Obviously ask questions all the

more explaining what I do as well but you know it's really

effective for you you're going to have to see depends on

quite a while and did really really well but anyways guys I

take profits and so yeah that was a perfect trade held for

know it reacted of a a key zone institutional area as well you

profits when I started seeing more upward direction I would

then that's when I understood okay I need to start taking

0. 8 a 0. 6 it was one of them numbers started breaking up

know the the key figure number I think it was you know like a

because I understand the timing of the day. Um this is if I

areas so we had this massive sort of boost down all the way

to the bottom started bottoming bottom him out and then as soon

as we started seeing break of structures to the upside you

again the EuroCad case study on Instagram have a look at it as

well I think in the second post there I talk through my TP

trading intraday I take out about 80% by my second TP

trading on the high time frame as I just said this example

less profits because I know I can hold on for longer. If I'm

really am trading inch a day. But if it's a high time frame

zone and I expect it to go for a long time then I will take

continue in your intended direction. Personally if I'm

situation and your conviction of how likely prices to

first structural break.

listed here. You need to go break even when you see that

And taking partial structure. So this all depends on your

would say just about here is a comfortable region and then TP

obviously going break even is the same plan as what I just

important so TP one just above the range right here

three hold until wherever you're comfortable. Um

could be just there and that the first order block. So I

of an area TP two fill in the void most importantly so it

change at any point you know understanding the amount of

potentially even Asian range but I feel like it's too close

volume in this point of interest as well is very

frames you need to be very versatile because price can

but the thing is you need to understand on the lower time

York retracements now this could be a New York

continuation or it could be a New York retracement back up

go all the way up and then this is where you start to see New

retrace back down London entry around 8 o'clock to 10 o'clock

above the high so both sides have have taken liquidity you

1 hour point of interest get that rejection straight off

London reversal into a maybe a 15-minute point of interest or

got the day model that we look at you've got the Asian range

interest you see a London reversal for example so we've

scenario again, you get to that lower time frame point of

next part of the course as well. Lower time frame, same

and this is the key thing that you're going to learn in the

of it was held because I knew I had that fundamental backing

my first take profit or something like that. The a lot

EuroCad keeps on selling. Uh so I kept on holding and holding

and holding and I only took about maybe ten percent, 20% in

was going to increase in price. So what would that mean?

downward direction. I knew that Euro kept on selling and CAD

understood that fundamentals are still leading in the

that I held for a few months I could of considered taking

lows so we had a substantial liquidity at the bottom but I I

profits at one of the areas where there was clear equal

interest for the sales the TP one would just be at that first

study on on my Instagram page the EuroCatchade that I had

higher time frame we got this example right here point of

it fills a void as well and then TP3 this would have to

an inducement or reversal or complete reversal

low before you reach that area TP2 below the liquidity where

depend on fundamentals I'll just refer back to my case

I remember once when I when I I just kept on being too greedy

why once we see that that's when we go to break even

confirmation trade we've got that significant break of

for potential reversal at the end of the day and also you

into consideration when taking profits. Timing of day if

structure down there so entry down here stop loss just below

spreads it's essential in keeping a profitable account

when to go break even looking to go break even by setting

reversed so the example over here is when we're doing a

kind of retracement or even an inducement so that's the reason

you're trading intraday that is. Um so if you've entered for

too early you can get stopped out and price goes your way too

however the key point is in knowing when to go break even

that and personally I would keep this going until we see a

do the fundamental support this directional bias. So yeah. So

end of the day is coming, consider taking profits or at

late you risk price hitting stop loss as it is then

least a good amount as well. So are we about to hit a potential

to break even for example. So nothing would happen. And then

you going counter fundamentals? That's all the sort of stuff

we're going to be getting into right now. So things to take

potential areas of reversal. Are you going countertrend? Are

because if you do see an inducement it could either be

Now taking profits on the higher time frame. So on the

there now from there we can expect that there would be some

significant structure break so that would be that one right

your stop loss to entry point plus about a pip to cover those

and everything hoping for higher profits and it come back

one lesson you have to learn for funded accounts especially

well when everything and you're approaching a point of interest

area of reversal, do not be greedy, take partials. This is

know that London session is over around four o'clock and

then the rest of New York is still going on. If you know the

example in London session and you know your trade is going

out the market. And a lot of this is done with what we've

your risk management plan as well. Taking profits is is just

already learnt. So you know on Understanding where there are

as important because you need to understand you need to get

it going break even as well and you know when linking this to

the taking profits and how we set them. What we can do about

of technicals. Um so today we're going to be looking at

Yes, hello guys. Welcome to the second video of fourth section

next video.