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the prior candles low that is the pullback okay so then you
those candles fail to break the candles prior high then we
that then confirms our level and then we can wait for price
know where your most recent high is that you need to see
to come back in right and then we're going to short and so on
and so forth this is what you'll learn in a bit but yeah
out that load to have our bearish change of character
little bit of confirmation that we need to see for those
character and then the other final tip is is we only use it
really in in in key areas just to give us that that final
get wicked for there to be a bullish or bearish change of
turning points so hopefully that's clear as always if you
that but yeah just really pay attention to essentially when
never pull back and then here when this candle fails to break
I'm I'm hoping I've made that nice and clear and you guys get
here we have higher high higher low higher high we then take
we wait for we can wait for a better change of character see
and then we pull back okay right and then this is where
right we'd be looking for price coming into our level what do
that is our swing lower low and this becomes our new swing high
structure is this right when we get the swing low taken out
right and then we start to pull pull back but the swing
down and then eventually we form that internal higher high
break the pride candles low then we pull back all of these
pull back up we come down we pull up all of these candles
candles break the candles low then we pull back then we come
that small low to form a lower low that's our bearish change
of character but then we stay bearish the entire time okay we
when they get taken changes of character okay the first time
right this is high high high low high but then we take out
change or not just call them more bosses and then these
small internal aggressive highs and lows right we'll call those
These solid lines as bosses whether it's you know a trend
here after a break of structure we look for a change of
Please refer to all swing breaks of structure like this.
and then boom we can get so on and so forth. So hopefully I've
made that clear. It really doesn't need to be complicated.
character to tell us when there's going to be a pull back
try to use them at turning points okay like these areas
back then we come up and then we change character again right
we have that bearish change of character we come down right
and then so on so you can see how there's changes of
characters in a lot of random areas and that's why we just
now we come in okay and then boom we're off then we pull
then we take it now we have a bullish change of character and
that point I would need to see this high go for there to be a
need to see go for there to be a bullish change of character
change of character but there isn't then we pull back then we
right so now we get the pull back and then we the low so at
wicks the prior candles low so it's all part of the down move
come down so now we have that new internal high that it would
this candle is the one that fails to break this candles low
they're looking at kind of for the first time is that the
back okay and then all of these candles break the prior candles
these candles break the prior candles low you see how each
high so that's all part of the up move likewise here all of
these small pullbacks is you see on this move here all of
take out this candles high so that is part of that small pull
part of the up move now this bearish candle here it fails to
these candles broke the prior candles high so that it's all
color of the candle is irrelevant for whether price
pulled back or not okay so how you want to basically look at
give you because I know some people get this confused when
and that's how we use it so one of the point little tip I can
we have a bullish change of character right and that now
so we move down and then we pull back up because this
signals that we're going to probably get that pullback okay
whatever you want to call it so now when price wicks that now
our most recent you know aggressive high internal high
pullback then we break the low which means that this is now
zoom right in
this candle here it fails to take out this candle's low I
candle fails to break the candles low right so it's a
lower low right then we pull back up because you see how
clear. Price comes down we break the swing low to form a
what happens you see how we we come down we have a very very
here takes the low so again just want to make this very
small pullback and then we pull down what does that mean well
that means that we have a high here right because this high
the downside right and then we break structure down here then
come down and we take that that is a change of character and
down and and wicks that low here that for me is exactly
what I call a change of character right because it
now you can see how we can then you know look for that move to
it's between the swing high and the swing low right so when we
takes out that internal low why is it an internal low because
we pull back right and then we come up so when price comes
that run there's a little pullback so we come up and then
high and then we start to pull back okay but you see within
right is all part of the up move and then this is the swing
get but if we zoom in in this price section here all of this
becomes my swing low and I need to see that logo for there to
be a trend change okay which obviously we see we eventually
took out that high it's this low down here okay so this
we break the swing high right so that would be the break of
structure to form a high high so let me draw the song super
quickly okay so let's say that is our M15 break of structure
so now we form a high height whereas the lowest point that
opinion. Right this would be a swing pull back okay and then
simple as your trading needs to be to be effective in my humble
much basically anything that isn't swing structure from now
on just refer to it as internal structure okay and that is as
it's not with bar replay and again if you hear me kind of
walk through and it's a bit of a a bit of a faster pace and
talk about minor structure and substructure don't worry too
in the next few videos we are going to do a bit more of a
is until we have at least a 40 pit pullback on the four hour
about it right. I'll leave it there. Hopefully enjoy it. Now
the change of character stuff okay? Um I won't go anymore
chart on Euro dollar. Also whereas you know and then do
your box, mark it out. Okay? We do not know where the swing low
point that broke this low after the low form. So you can draw
and we continue the bearish trend. After we have a break of
structure, where is our new swing high? It's the highest
it. The candle closure confirms we've had a break of structure
break of structure, wait for the candle closure to confirm
yourself out loud like the way I have right When we get a
kind of go on any other tangents and confusion anymore
algorithm but as as you're continuously obviously trading
essentially how I do it. Whenever prices doing in the
eighty pips. So on and so forth. The key here and I I do
as far as I'm aware this then becomes 100% mechanical okay
nightmares about it every single night and talk to
a little bit let's measure this okay not quite 40 pips okay
for M15, I want to see at least 15 pips follow this process and
so you don't get confused right take your time and just look at
the nearest two years okay so that's why this isn't
something like I am which is a pip rule volatility can change
four hour chart eight years ago volatility might be higher or
and the M15 for structure alright are my two main go-to
a bullish chalk but I would need to see a candle closure to
quickest I would recommend drawing the boss line as well
swing structure. But what you need to then do is measure
two main time frames I personally use are the 4 hour
on bigger swings in price action right? You want to see
structure. We have a can of closure below. So mechanically
might be lower than it is currently okay so 40 pips back
but I'm getting ahead of a bit ahead of myself here but the
your strategy as mechanical as possible just to remove any you
final caveat I would leave with you is that if you're using
becomes our swing high. So now you can get your pretty little
high and this is an example where it's in the exact same
swing structure okay use the circle tool whatever is
a big rant on this later in the lessons that you're going to
where is our new swing high? It's the highest point that
daily chart I like to use a little bit of discretion there
take the four hour chart right zoom out do like a year or
that. I go okay it's not quite 40 pips. So maybe your rule
character now that doesn't mean that the fourhound cut have a
full another full chart walk through just focusing on the
madness so that's why when I tested it and I've got my 40
mechanical and that's it and that's how you know hopefully
trading is to be consistent. Okay bring your method to the
needs to be 35 or 30. So on and so forth. Some of you may think
that there, okay? So, that's twenty-seven pips. It's not a
right you can you can plug that into an algorithm now with the
you can adjust your rules but I know right now with with all of
that yeah forty pips okay so get your pretty little circle
it it's black and white but we don't yet know where the swing
broke this low after it was formed. So if you're confused
internal structure just watch it again and again and again
swing low yet because we have not had a 40 pit pull back
we have now taken out the internal low to form a lower
candles low it's all part of the down move okay we pull back
nearest internal lower high that I would need to see go
so hopefully that makes sense you know drop a drop a comment
and again until you have this mechanical method right it just
you're learning here the ways in which you can you can make
hour keep it mechanical I want to see at least 40 pips
yet That might be 40 pips. Not quite yet. Okay, boom. Let me
this video out here to go through it almost painfully
but again don't worry about the time frame too much just yet
mechanical as a robot that for me is not swing structure but
but as far as I'm aware that is now 100% mechanical right the
speak to myself every single day I just really wanted to put
I'm just going to move this out the way. So this will be the
entire time okay so let's go through this a little bit more
mechanical certity there's no live or buts about it that is
candles you can double check it if you put your candle on there
in Wick broked it, Wick broke it, if it Wick breaked it,
as soon as we get the counter closure what we can do is we
internal lower high that I would need to see broken for
the lowest form so that becomes here so now I can put my pretty
absolutely printed into your mind until you're having
say there's a true break of structure and to say that the
truck line to where is the where is the most recent
of these candles break the price low so that would be the
really really slowly okay so now we had a break of structure
for me that is a swing pullback. I I I see that as
the change of character is not confirmed until that high goes
long time for you to kind of gradually notice that so don't
and I now know that this is my swing low so drag use one of
broken. Drag the tool up. Okay where is the highest point? You
than you need to be please if there's two videos right that
quickly now and you can just see a bit more of an example
out now you can mark your swing low now you can draw your line
place as the internal swing high okay so sometimes they
that's probably about 40 pips now okay boom right let's call
pips for me works perfectly okay so I just stick to that it
low so now we move this line down because this becomes our
candles low so still we have not had a bullish change of
worry too much but yeah I'll leave that there before I
there right now here's we have to be careful but all of these
four hour chart for me I will put this below the video but
what to you with your naked eye looks like a significant
time frames I have them on my charts all the time so for four
necessarily something I would build into you know an EA or an
on a currency over time okay so if you potentially back test a
90 pips but as you'll see I'm a little bit more loose with the
just double check that. Okay 38. 4 pips I'm going to be as
something really prominent. So your rule might be 60 pips or
it's not going to change that much okay over time it takes a
price does not come up and close above this high right it
find out what pip rule makes sense to you now the final
the recent data that I have in the last year to two years 40
line that I would need to see go right before I would know
you need to master it's this one and the one before it
start out because what you will need to do is you will need to
everyday you're going to notice the volatility changes and then
live market you can see how it doesn't breach the high and
we'll get into this and the daily chart generally more than
but just do that test first with your swing structure to
start now with just your dollar you'll see we do a full walk
then we can continue down so on and so forth and you can keep
actually of circuits you don't want to buy. You actually know
little circle on my swing high right this becomes the highest
okay? So, now we can cement. Okay, this is my swing though.
Put your pretty soak on. So on and so forth, right? And that's
for me at the moment I currently like to see at least
any doubts do you know what I mean if if you're not sure okay
slowly and tell you well based on the last video and based on
know you know if if any what's the word I'm looking for any
whatever the English phrase is, if it if if price came up here
40 pips on the four hour chart at least 15 pips on the M-15,
going to listen to and I'm sure you'll enjoy is the key with
swing pullback yet. That probably is a swing pullback,
this video you should as as far as I'm personally aware maybe
pullback because some of you you might think well no
okay okay boom now we have a candle closure below here So
below if if you have any questions or anything but yeah
pit rule in there now I just try to stick to that it's just
is I'll just move this swing low on that way we'll use that
much in the same place. I appreciate well, we just do
don't worry about doing all your changes of character and
two's worth of price action and just with the naked eye right
then the four hour chart becomes bullish okay now where
smaller range okay because this becomes our new swing high
well that's not that big of a pullback. You may want to focus
price was to come up and if it was to to break this level okay
an instance where we have not had a bullish change of
swing structure it's discretionary when you first
you guys will point out any holes in my in my in my method
internal structure there's no if buts if buts maybes about it
in this case it stays the same simple okay so now we have a
stuff right the the internal structure just focus on the
and read all this but all of these candles break the prior
to get out there that's our new swing high okay so now we can
bring this and we now know we're playing within this much
will overlap they will be the same thing so right now if
there to be a bullish chalk it's this high here okay
pullback a time frame so we expect before our pullback now
right so if price was to break up and close above that high
decent pullback it's just telling you that the you know
and just wicked it, that would be enough for me to see there's
to switch bullish so that becomes my chock line right
we expect the pull back on this time frame how can we
following that process so that's how I do it that's how I
need to see go for there to be bullish change of character but
see how it's not here? It's this point here. So this point
the high you can see the movement there right price
and then we come down and close and now we're bearish where
that okay so let's have a look is this 40 pip **** not quite
circle. Alright the highlighter ten highlighter pen tool trying
swing trend has has switched bullish, okay? So, it's pretty
of character that's my swing high we know those with the
straight away you can now define where your swing high is
can mark out with mechanical certity where our swing high is
high that I would need to see go for the internal structure
kick in okay so what can we use to help us potentially signal
it's just a big alright it was never a true break of structure
right to get that bullish chalk okay but we have not had a
low is until what until we get a 40 pit pull back so we had a
the rule that I have put in place in my plan that the
remember for a swing to to know where the swing low is what do
mark with you know 100% mechanical certainty because of
our swing high is the highest point that broke this low after
comes down it moves up it comes down it moves up and then all
okay change of character so we're bearish that's my change
would the swing high would be in that instance right you
quickly but hopefully you guys can follow now after me going
in a second so I'll delete this one we'll put this as a break
paying within the swing range here so now you know as long as
character we wait for that internal structure to switch
right this becomes the swing high now where do I move the
now we have a candle closure okay so what will happen then
moment we get that 40 pit pull back in a right when we get the
last example just so you guys get it. That's the break of
four hour break of structure what do we expect we expect a
candle and remember it's key you have to wait for the candle
and then come down the swing trend has been bearish the
broke it so use the box rule if it helps draw your box from
move right all the way from here that's all bearish right
alright let's keep going all those candles break the prior
because if you look back that's the last candle right this is
is our change of character line where is the nearest internal
use the box. Draw it from the swing low over to where it was
point that broke the low so now we can move this line down
now the moment we get that kind of closure below the low
break of structure what do we expect after break of structure
and then we'll leave it there okay so let's see what happens
close above the high right it could spike it like that if it
a little bit more complex some things can be confusing is when
then might not make as much sense as it does you know in
your lines right and map it out so now what you can do and this
high low is going to form here and stay intact okay boom next
anticipate when that pullback is going to start we can look
right so imagine this is just a big this is just a big wick
of structure okay so I'm going to try and do this
it can break the internal lower high to make an internal high
it doesn't have to happen straight away price could
closure wait for it to close because what can happen is
can do anything at once right in terms of it can come up here
for a bullish change of character and that would be the
just ranging do we break that high don't believe we do yeah
just drag it upwards okay so from where the low formed to
after it formed but sometimes what can happen right and it is
so that is our most recent internal high that we would
would have to adjust it and this would be the new swing
right it can come all the way up here as long as it doesn't
how big is that let's see okay that's over 40 pips so this is
high so that would be a bullish change of character right it
character but we have had a 40-pit pullback so I can now
wants or whatever as long as it doesn't close above the high
of the minds that potentially before our pullback is going to
I need to wait for and I want to wait for a 40 pit pull back
point in this grey box becomes your swing high so in this
40 pip bullish pullback I can draw my pretty little circle
candles break the prior candles low it's all part of the down
can do that up here that's fine but the swing trend is bearish
just spiked it we come back down and then this happens
on the 4 hour chart on your dollar so just make sure right
bullish so let's play price forward see how all of these
could have spiked that high when we're still bullish and
we're taking out this low this this bearish internal low where
bearish okay so what the remember what I said the moment
high it is the highest point after the low forms that was
this now here it's going to change this to a break of
we get that candle closure below a swing low or high right
at okay so now we've had a bearish break of structure a
nothing's happening we're just ranging just ranging okay boom
where the low was right to where it was broken and then
a swing break of structure the very very minute that this
that means the trend stay bullish you have to wait for
was the highest point right that went on to break the low
need to see this high go for the bearish internal structure
top bit here right use this to your advantage where it tells
the video just to explain that okay so hopefully you can see
this price actually happen is price could have moved up it
micro pip short of of breaking it right so we never breach the
still bearish because we never took out that high but now
that pull back starting well we wait for a bullish change of
is just really really useful right is go okay now we're
like to be a bit more aggressive and I always want to
instance the swing high stays in the same place because that
instance when we had the trend change excuse me in this
literally tank for ages but we just have to have in the back
high okay I'll put an example below in the in the notes below
want to do it the same way as me this is the way I do it okay
you do this with all your labels and your words in it
right if you're not sure is if you put your mouse on the
where it was broken and then drag it upwards the highest
certainty define where my swing high is okay where is my swing
in a four hour chart but the bearish internal structure is
broken so after this low formed where is the highest point that
candle closes straight away I can now mechanically 100%
right now you'd be sitting on your hands and you'd be waiting
close back below so that means we would never would have had a
remember I always hit the nearest inside bar me
character that bullish chalk to confirm potentially that the
because it will just help you to keep track of where you're
structure put it in the so we know exactly what we're looking
boom now we have a candle closure so what that means is
four hour chart for me now the four hour trend is confirmed
personally I like to be more aggressive with it okay but you
you want right if you if you just adjust it across but I
high now if these were exactly the same right they were both
now we have not broken the four hour low so we're still bullish
to switch bullish to give us that internal change of
break of structure right if we didn't close above the high we
might want to use the kind of more obvious height if you want
price can wick down aggressively right and then it
that candle closure on the swing trend if you do it the
call it it has to break it by one micropip so what you can do
you the high the low the close of the candle so again put your
can wick back up and it can close back above and the and
trades high at this point we keep going we keep going and
at right and I really recommend when you're starting out you
signal you don't have to wait for that but that's just
513 again it's still not a break of the high right and
to but this is the way I do it okay so now this point I would
just always have your nearest change of character line on
then we can look to target at high right it's just a little
it says is 1. 1 8 513 okay 51 3 that's the high if we go to
needs to break it by at least one micropip okay so never
for this dotted line to break okay so if price was to do that
going to hold you just want a little bit more confirmation
same way as me right you don't have to do it but if you
we trade as high as it but it price from a bit it needs to
moment this is the nearest internal high in the bearish
is our nearest internal high right you can take this one if
internal structure because we had a movement down all those
we've pulled back right so this is the current internal
candles right see how they all broke the price low and then
basically the way that we use the concept okay so price is
right so this is part of the pullback and then all of these
that potentially confirm that the four hour high low is in
break it even if it's one micropip per pet whatever you
here what is the high of this candle 512 okay so that is a
candle so here and then bring your eyes up to here this this
a bullish change of character to confirm that this level's
candles but the prior candles low then they fail to do so
bearish internal structure now if the four hour chart is
just because it helps you to know what you're waiting for so
little break of structure right so now what happens we stay
charts nice and clear and also I don't care about every single
low to hold the swing low because it took out the high
mouse on the candle look up there what does it say the high
this is the point where I'm not going to label this I only
so what can we wait for we can wait for a bullish change of
place potentially and the swing trend is going to continue and
you know it just becomes a little bit of a compliment on
this would be it okay because this is the nearest at the
right so that would be the expectation right so we can
this is where I would be looking for a high low to form
we stay bearish with the internal structure I'm not
look to get long here right there's a demand zone here I
won't draw on just don't need to worry about it right now but
character right now for some of you it might be easier if you
going to draw anything on okay because you want to keep the
character as as you go to the course when we come into decent
levels of value so imagine there's a nice supply zone here
going to stay bullish what do we expect we expect this strong
structure range we're playing within so if you're waiting for
concentrate or only draw on structure when it shifts but if
its own but yeah I don't want to confuse you guys too
now that the high low is in place and we could be ready to
internal structure we stay bearish right we continue so
go for the high again it is a good signal but I just want you
but it still doesn't mean that can't come down so this is why
did have a bullish change of character there that can signal
much at this stage okay so let's see what happens with the
signify this level and I'll be looking for price to come down
all I'm waiting for is that bearish shift in structure to
okay so we could you know potentially switch bullish here
the internal structure head switch bearish. It's had a
the nearest high go. It would be this inside bar. Remember, I
so this is why I only pay attention to change of
that you know that we're just going to go we can like price
little bit of pull back but it's still bearish but the
always take the nearest inside bar if there is one. Okay, so
to be aware and I really want to make this point clear
can be quite complex and you can have this complex pullbacks
point I want to drive home here is that let's say that price
character, what would we need to see? We would need to see
now is that it doesn't necessarily mean that we get
right? All those counters break the price counters low and they
change of character here and price continues to move down,
pull back. Remember that for there to be a bullish change of
this so now I can draw my pretty little circle on my high
structure now one point I kind of want to drive home is
It's just that first little sign of internal structure
that pull back. You need to remember that change of
useful if you want to do do this in live market and and
probably recognize this price section because we we looked at
when you're you know practicing this now becomes your four
shifting. So, at the moment, right, when we get that bearish
anticipate a pullback and let's see what happens now you
you could now we've had change of character and we can have
bullish because this is the swing low so now that I've put
character is extremely extremely aggressive, right?
this when we looked at the previous video in the internal
back what I can do right just to help you this is really
now had a bearish change of character okay but still
hours swing high right boom okay now we can potentially
so I know it's really pathetic but trust me you you will need
right so going to be super mechanical whoops I didn't mark
movement so let's try and be 100% mechanical right that for
me now means we have had a swing pullback because it's
right now let's also measure from the high down to the low
my pretty little circuit on because we've had a 40 pit pull
it properly there we go let's see okay that's a 43. 7 pip
swing high is okay and the internal structure has stayed
to tell me that that is now a swing high right we have also
reversal right we never know but the trend is still bullish
bar inside bar so it's getting a little messy now we have
more than 40 pips on the four hour chart on Euro dollar okay
bullish the entire time so let's keep going okay inside
that the internal structure has now shifted bearish and
high now again just double check that there wasn't a forty
how we had forty movement yet okay almost pretty much there
four hour pull back at least right or it could turn into
still our recent internal low and we have clearly not had a
weights that low okay so now we have had a bearish change of
low is still down here and we still don't know where the
40pit pull back right okay boom so now what happen in that one
pit pull clearly wasn't right that was 18 pips okay so swing
potentially signaled that we may now be having at least a
character so it's the first time right this entire time
that one okay now we've had a a bit of a pullback right minor
candle breaks the prior candles high so does that one so does
is the nearest low that took that high out that internal
pull back but there's nothing to do yet okay because this is
candle we pull back right and then we took the high so now my
your swing low you know that this is your your nearest
most recent internal low becomes this one because this
internal low right so right now the swing is bullish and the
internal structure is bullish so let's keep going okay that
you know what range you're playing within you know this is
when I'm in bullish and then you know exactly where you are
like a dash line where your nearest internal low is right
and you could probably always leave you know if you want is
horizontal line like this this can really help me starting out
is always have your swing low marked out right you use a
market whatever current wherever current price action
target that week high okay so this is how I would have it
mapped out right and this is what you can do in a live
higher low is in place and now we can look to get long to
would now signal to me that potentially the four hour
so we would then get a bullish change of character right
have a four hour pullback and then what I would wait for is
what that would signal to me is that potentially we're going to
not yet had a 40 pit pull back so there is no significant
for that 4 hour internal lower high to be broken to the upside
for me would be a bearish 4 hour change of character and
was to come down right like this and and wick that low that
remember the swing trend is bullish the whole time that
my swing low we've gone on to make a high high but we have
pullback we've had an internal pullback right so now if price
swing pull back just yet okay but we have had a minor
move so this is our most recent internal low okay so hopefully
it's now making sense of what how how we map this so this is
it took out the high right and we look back all of these
candles broke the prior candles high that's all part of the up
nearest low right obviously it's a significant low because
wick at least a wick for there to be a bearish change of
character it would be this low here okay because this is the
looking at change of character where is your most recent
internal low that you would need to see be broken with a
now we've taken out this high so but that wasn't a 40 pit
internal pullback okay so what that means is if you're also
pullback so that to me is not a swing pull back that is just an
see this is what we're doing right we've only pulled back 23
yet let me measure this pull back let me see just quickly
pips that's not significant for me for the four hour chart okay
high it's all part of the up move right nothing's happened
because what all of these candles broke the prior candles
made a high high but all I'm doing now is waiting for a 40
pit pull back right we haven't even had a change of character
you can see it that's my current swing low we've now
it to the bottom put it to the right okay little bit bigger so
pull back so I can mark this out as my as my swing low put
a high high but I cannot mark out with confidence where my
actual swing high is until we get what until we get a 40pit
I can help you guys out with that okay so this point here
is our swing low no matter what and we have now gone on to make
so you can see how there's no if buts and hips about it that
becomes our new swing low right boom that's our swing low okay
right and somewhere within that grey box wherever the lowest
point is that is now your swing low okay that's the easiest way
structure and then just drag it down as far as you need to go
high is right and then draw it across to where price broke
complex what you can do is you can draw a box from where the
sometimes it's easy in this case sometimes a bit more
formed so again if this is this will help you right because
or it's the lowest point that took this high out after it
candle has closed above it where is my current swing low
structure right soon as the candles for you right now the
pull back now when we got this here this break of four hour
do this so you can see exactly what I'm talking about right we
remember I want to see at least the 40 pip pull back so that
was a swing pullback right so let me mark out just going to
tells me okay it's a mechanical way of defining that yes this
that will give me that says it was fifty-one pips okay so
the highs the way doing this is I'm holding shift and clicking
care about what I do is I mark out right you can measure it
and then it will bring you you can measure it in pips okay and
minor pullback right an internal pullback that I don't
currently view and map structure okay so for our chart
swing low now just to double check that this was a swing
pullback right this movement here that it wasn't just a
watching should be the clearest kind of kind of way that I
we are currently bullish we have made a swing high and a
the next videos but these two videos right now that you're
videos have been recorded so these two videos kind of
process and then yeah you'll you'll see how I apply it in
represent the the most simple and clearest way that I
one in the previous one are both been added since those
currently view and my current approach so really follow this
right these these videos right now that you're watching this
of depth but I do want to just kind of like I've I keep saying
are videos that you're about to watch that do this in in a lot
going to do a super long walk through just now because there
everything will be easier okay right with that said let's go
look at some price action examples okay so I'm not
into your subconscious I promise you so much that
watching paint dry but when you really really get this nailed
super super super super clear for all of you guys before
before you move it on okay so I appreciate this is like
to death anymore with that but I just want to make the super
then we follow the same process right I don't want to bore you
this between the swing low and between the swing high okay and
low and now I mark out the range I'm in okay so I'm in
pips that now I can go mechanically that is my swing
might be putting back but it's only when we pull back that 40
understand that the change of character is just a signal we
more complex you can get a bullish change of character but
right you don't have to wait for 40 pip movement first you
don't have to wait to if you want to trade this pullback
I don't know where the swing low is until we pull back at
pulls back more than 40 pips okay boom so what I will do is
frame analysis so the rule you just need to have in your heads
you guys is just follow what I use okay so when you're first
trade because they're all going to have different
need to say 40 pip pull back right before we can mark out
let's say that this now is 40 pips the moment that this
nice line across until I personally see at least a
was up here right as soon as we had that break of structure
within okay so hopefully you can start to see how we are
our swing low going to be I can't scroll price across to
whether it's bullish so when it's bullish we know straight
away where the swing low is the lowest point but we wait for a
how mechanical that is it would always be the highest point as
the highest point that broke this low after the low formed
at some point but I can't say right if the price if price was
change of character to potentially signal okay so you
it's not here it's the highest point for our swing high so now
of character tells us it's a good sign that potentially
structure we can see the swing bearish trend is continuing
for me okay but obviously in a bullish market the swing low
point here as soon as we get this break of structure here
going to pair this with the confidence but just to
can wait for that change of character of course we're
test first seeing what makes more sense to me and then
anyway you guys will know what I mean but I can't zoom out
waiting and waiting for price to break this okay so let's say
structure where the swing swing low has now been taken right so
change of character to switch bearish okay boom we get that
40 pip bearish pullback to mark out where the swing high is
one last example before we hop on the chart so again let's say
potential signal is we wait for internal structure to have a
this right it's all the way up here price is now pull back
right the highest point after the low formed and then down
here I don't know where the swing low is I can't map this
back for the highest point that is my swing high no matter what
obviously the opposite to that when it's bearish the moment we
kind of have to look at slightly different things
use it so that now becomes my swing low you can put a little
well one this lesson is concentrating on how I
there now this is the current swing range we're playing
we're going to get that swing pull back but I cannot mark out
dollar on the 4 hour chart okay because what can happen is it
character okay boom we've had a bullish chock the internal
it goes off it pings it tells you we've had a break of
movement moves 40 pips boom now I can mark out what I can mark
an internal low and we could keep doing this we could keep
low formed here where my mouse is anywhere within that box of
swing high so can you see how mechanical that is no matter
we got another bullish change of character here and then
moment I can do this I know this with a certainty that is
my current swing high right and I know the low is going to form
structure the moment we get that right you can set an alert
right let me use lines so you guys know exactly what I'm
have a nice clean movement up okay price pull back
40-pit movement okay so that 40 pit rule it's going to be
coming up with a minimum pip size rule and now that works
continued the bullish swing trend and we're making a high
high right but I don't know where that higher high truly is
you can move this line down this becomes our new swing high
where the swing high is until I see at least the 40 pit pull
least 40 pips on this time frame but we can look for
sense and then quickly I kind of just want to do kind of
with okay and that's just kind of the way that I currently do
highest point that broke this low after it forms here okay
so that's my swing high and that's my swing low and then
don't care about that's a swing high that looks like a
40 pips I've now marked out my swing low and the internal
mechanical but this is my method okay if you guys want to
we're in a bearish market right we price pulls back and now
whatever then we get a bit of a leap of pullback so on and so
that breaks the high again that looks like a pretty stellar
happens it does not tell me that I've had to swing high
this becomes our break of structure right so now with
prominent swing low right because that's the lowest point
change of character okay the change of character signals
swing low but we'll just call it swing low from now right put
pulled back at least 40 pips on Euro dollar on the four hour
what tells me that I have to swing high is that price has
we get a bit more of a significant pullback and then
want to see and now I just use that so like I said in the
okay and you can mark that out straight away okay now where's
more than 40 pips so this boss line is essentially also my
right and that's how you build rules so hopefully that makes
range you're in so within this current range okay so you can
will go okay on this time frame on this pair I know that at a
can obviously look back. There's no way buts or maybes.
starting out I highly recommend you just look at your dollar
it there might be better ways to do it there might be more
the swing low and in the bullish market we need to say
this one isn't but this looks pretty significant to me right
well enough data and you look back and you you'll suddenly
essentially as soon as we get the break of structure alright
your main chart for now until we start to look at multi time
forth and then what I would do is I go okay well for me let me
average when you look back right if you do about a year
structure has now switched bullish right that's a good
basically just marked out what what does a significant
price can still go okay so now boom we have had a break of
week low okay so let's say price comes down it messes
get a break of structure and the candle closes below I look
lower high is forming right and now we can look to target the
change of character so now it's a signal that potentially the
daily I'm a little bit more loose but my general rule is at
different for every currency pair or whatever instrument you
low right until I get that forty pit pull back on your
out put a little nice little pretty circle there and draw my
signal that this probably is going to be the swing low and
we're going to have to try towards it nice and tight but
is going to be my low my swing low because that just could be
mechanically define my swing highs and swing lows right you
and tell with certainty that this is going to be the swing
can map up the range so I can map out right because at the
my current swing high let's just say it's let's just use
certainty we can mark out that this becomes where the the
before you look at anything else the four hour it will be
what right you could plug that into an algorithm okay that's
high lows so what I then do right to to do what to signal
structure is bullish just making internal high highs and
that potentially the low high maybe forming it's just a
it to the right right so that's my swing high prices pull back
around and this is what can happen it can be a little bit
understand it cool so that's a break of structure right so
the box where's the highest point this now becomes my new
structure they jump up let me do a slightly more complex
this was our swing low the moment we get that break of
what I will mark out this as my swing low right now what am I
right the moment with that low breaks and we get a candle
potentially low heights forming we never know right now at this
is for a four hour pullback right it a bearish market you
talking about want to make this so clear so you really really
I use 40 pips for the M15, I currently use 15 pips for the
40 pit pullback before I know the swing high and then
swing structure I then measured all of those swings and that
frame at the moment so let's keep it simple alright I say to
circle on it you can draw right we always knew the swing high
least 90 pips okay so obviously we're only looking at one time
essentially the opposite in a bearish market whereby let me
It's always the lowest point that led the went on to break
back on Euro dollar on the four hour chart okay and I the only
about that right how do we know where our swing low is so we
that happens let's imagine that this this from here from this
we get the 40 pit movement boom I know so for the 4 hour chart
test first to see what works for you okay and then yeah once
this out as my swing low right that is how basically I have
point to the lowest. 40 pips a minimum of 40 pips right once
we probably are going to pull back right that is what change
high okay so hopefully that makes sense so the way I have
volatility amounts so this is why you have to do a little
told me what I what you know the minimum pip size that I
personally made it mechanical it's what works for me there
go okay that's seventy-six pips how big is this one that's 103
actual current swing high is in a bullish market until price
based on this and that's and that's the rule I would come up
mechanically with certainty circle this as my current swing
pips how big is this one right that's about 70 pips so then on
trickling right and here we could get a bullish change of
draw it out right we have a nice clean movement down we
are other ways in you know you can potentially make this more
movement down let's say we get a bit of a complex pull back
soon as we get the channel closure so now we know where
example so I can really drive it home so we have a a clean
a draw to where the break of structure happens anywhere in
could be a little full signal and price could keep going then
closure below the low right where is our swing high it's
starting to move up a little bit here I don't know that this
sense now that's for a bullish market so it's it's you know
right price comes down like this now we get the break of
our lower high is right there's there's no if if buts or maybes
pulls back at least forty pips. The moment I see price has
To that right so now what you can do is you can draw the
what I went and did is I then measured them all alright and I
mechanical ways that's fine use whatever you want but for me
a better phrase I measured oh well I just drew all out of
So, let me change this.
will always be the lowest point right so hopefully that makes
chart okay so hopefully that makes sense so the way I came
okay so another simple way to think about it is after this
the breaker structure line right I I know that now we have
the rule with the four hour chart only on Euro dollar is
this is how I do it okay so I I used my naked eye for a lack of
bullish market the moment we get the candle closure above
minimum I want to see a seventy pip pullback right if it was
see what your mind likes to see a significant structure and you
do it well this is kind of give you a clear answer this is
looking at now obviously with the four hour chart I have
up with a minimum pip size okay so try and simplify it for me
get the high stall I would say that is a swing high that to me
looks like a swing low that's all I would say that's one big
you get a little swing like that I kind of ignore it then
going to depend upon each trader upon what pair you are
pulled back forty pips. Now, I mark on the swing high, okay?
it doesn't really have anything to do with when we get the
on Euro dollar the main pair that I trade the pair we're
right and I looked at all of the big swings in the market
but you've seen it in the previous video how we define it
the way I got to that point was just doing a little bit of a
right that's 100% mechanical when we get the bearish change
high right so trying to get here to the answer so how do we
high but the bearish change of character does not when that
because we're defining it well I don't want to go over again
see how the way I define a swing high in a bullish market
basically mapped out structure just kind of using discretion
going to be more than 40 pips and then I can mark a swing
that we probably are about to have a pull back that's
the high. That's the high low but I do not know where my
that as soon as we have that break structure here, right? I
swing moving up these are little minor pullbacks that I
you're thinking well is that swing pull back is it not is it
get that bearish change of character because remember you
we get a movement like that right a bit of a small swing
pips the moment price pulls back 40 pips now I can
lowest point and straight away we can do you know put a nice
minor you know what do I what do I call it eventually we then
do in the live make it nice and clear where my swing points are
pullback look to me with my naked eye okay so I went and
looking at what instrument you are trading and what time frame
pullbacks right and sometimes you know it's questionable
little we use a highlighter tool right this is something I
where's the lowest point that went on to break it is this
going to pull back but at that point that does not necessarily
then look back right and find the lowest point and that
up with that rule is when I went on price action I
of character all that does is signal potentially we're
point here okay so I'm going to mark a line here I'm going to
ideas around this so right I don't want to confuse you but I
tested it so that I know personally at the moment on the
you are on okay this is the way that I have made it mechanical
high here to this point here let's imagine that that is 40
soon as I see that price pulls back from from the highest
mean that we know with 100% certainty that this is going to
four hour chart I need to see this movement this pullback as
price continues to move up this can obviously continue moving
should know from the previous video that is 100% mechanical
becomes the new swing high low okay so that is 100% mechanical
current swing low okay put at the bottom put it to the right
put text on it just so we can really really drill this home
and basically you have to test it first and you have to come
really want to go into details so you know exactly how to do
alright so this is our current swing low so the moment price
be the new this this point here is going to be the new swing
above the break of structure line above this high you look
because it can be a decent size little little bearish move and
becomes whoops make a solid line right I'm even going to
these lines and then we know what range we are working with
ifs buts and maybes this is your swing low okay now when
make this as clear as I possibly can alright this
candle right on the time frame you're looking at close above
breaks and closes above this high we look back for the
up for a little while oops and you can get this tiny little
boom you can mark it straight away that is your swing low no
okay because that's where we're going to start to build trade
draw the swing range that we are currently within right
current swing high right we get the break of structure to form
this break of structure we have now started to form a high high
want to know what swing range we're within so we can draw
there's no discretion to this moment you get a candle closure
it's just a signal that the pullback is either finish or
so the moment that that candle closes closes there you can
signal that we might be getting a pullback or the pullback
a high high straight away the moment the moment you see a
well you know what is the answer how can we make this
starting but it does not on its own define that this is now
this okay so again I'm going to go over this when we break the
now know that this is my current swing low and now I can
back for the lowest point right after this high was formed
mechanical so that I can now mark this as my swing high I
signify that potentially a swing pullback is starting
change of character you can't straight away mark out this is
a swing high okay so you're probably sitting there thinking
that's all it is all a change of character is remember it's
might be finished and we're going okay that's all it is
going to be the new swing high so when we see that bearish
the internal structure is shifting from bullish to
we get bearish internal structure change that would
bearish or bearish to bullish. Okay, so let's say this is our
most recent internal load, right? That tiny loophole back
character or a change of character does is signal that
high up here but how do we make it mechanical to know where
because this is what we want to do in the market we always
internal structure shifting from bullish to bearish or
lowest point right after this high was formed where is the
bearish to bullish right but it just gives us a potential
that high high is formed okay because price could go up it
a little bit and it can move back a little bit here but it
character. Yes or no, that's not really correct. A change of
little pullbacks and we never quite know when when when price
for the price to close above the high for a high high that
high high because price could keep going right with these
that the swing high has formed, right? That the swing one is
there. If price was to come down here now and break that so
our higher low is and we know we're now going to form a high
some of you may be saying, well, we wait for a change of
structure we always take the lowest point that took out the
internal we take the nearest so it'll be this one we swing we
is this the high is this our new swing high is this the new
above that high to form a high high then we look back for the
where is the lowest point it's here right and that becomes our
as you'll see throughout this entire course kind of my aim is
high so after the high was formed where is the lowest
is it that's kind of the easiest way you can define it
over, the swing high has formed and we're pulling back. Well,
another way someone in the community recently defined it
broken for swing structure we need to see a candle closure
lowest point that broke it so from this point onwards right
to define the way that that works to define your internal
highs okay so between this high and then this high whereas the
swing structure one of the ways in which hopefully you can see
look to the right of this orange line where is the lowest
bullish market okay because only once this high here is
lesson you can literally program that into an algorithm
is 100% mechanical okay in a bullish market so we know where
always as best I can is to try and make my strategy as near to
take the lowest okay so when we were looking at internal
we take swing structure so that's the difference between
here we always pick the lowest point okay so that's a
point after the high forms that then goes on to break it this
change of character occurs okay so with swing structure we well
structure not swing structure it would become this point
100% mechanical you know wherever I can okay so with
right because this is the nearest low but with swing
structure and to literally point out to you when that
lowest point is down here right that's that's how essentially
which I quite liked was it's the lowest point between two
in which try to do that is when we get a break of structure
point that broke it so after this forms right you can like
form a high high the question is how do we know where our
could pull back a little bit it could go up it could pull back
mechanical way of finding out where your higher low is in a
would wait for for the next counter that fails to break the
get a big pullback that's our higher high right we wait for
of structure okay so once we get that break a structure to
you could have a bit of a pull back like this right so on and
new high low okay so that is 100% mechanical we wait for the
action is printing like this when can we mark with certainty
bit more complex in live market where you have a movement up
actions so we're looking for those big swings right where we
okay that's the way we define it only once we get a break of
becomes our swing low so obviously it can be a little
that most recent internal high low to be broken okay and now
we're looking at those those bigger movements in price
structure right we look back at the lowest point and this
structure okay break of swing structure is only what we refer
price to break that that swing high so we call this a break of
internal structure shift bearish so I would look for
that I like I would then potentially wait for right that
lesson we're going to focus on swing structures so remember
price is coming into a really nice level that I like right
okay so that's essentially our internal structure now in this
I'm going to I'm going over this and being repetitive but I
change character and I would want to see the bullish
to as a boss it has to be swing structure for it to be a boss
structure in the previous lesson the way in which we
really want it to sink in okay once price comes into a level
not going to mark this out in the market what I do is when
high or low okay we would mark that out right and then we
higher low is right if it was if this was just internal
nearest one okay so this becomes our nearest internal
that is when and when we can mark out this being our next
define that is 100% mechanical so what you learn in the this
at this point we have our bearish change of character
next counter's high so then we get that pullback okay and then
internal high so on and so forth okay but obviously I'm
this point we don't not we do not know that that is the
candle failing to break the prior candles high what do we
internal high height then where it becomes our new internal
do we can mark out the new internal range we are within we
but as is pulling back right even if price say does this at
then when it takes the internal high there right to form an an
only wants the candle first to break the prior candles high
high low it's not here with internal structure we take the
want to see price break that high then we look back and we
internal high low this becomes our new internal high right
happen is price can come up it can pull back a little bit and
so forth it can move around and then finally we get that break
our new internal high low okay and as soon as we get the next
don't have to do this on the live market okay and just just
internal high low right in a in a bullish market in an internal
look for the next the the most nearest low and that becomes
bullish structure until this high is taken because what can
so we understand what's going on that becomes our new
out as our high when the market is bullish okay when the
internal structure I should say is bullish right and now we
high as soon as the next candle fails to break that prior
there we go we were looking at those very very tiny movements
breaks that high let me zoom in so it's not super small on your
high low is once price wicks at least wicks that high okay we
screens okay so in a bullish market we mark out the internal
Alrighty so hopefully we're all now extremely comfortable with
how we view and how we map internal structure okay so what
only know where the new internal low will be once price
mark that out as a pullback right we can we can mark that
fails to break the prior candles high right we start to
candle breaks the prior candles high as soon as one candle
candles high right now we only know where the next internal
bullish movement in price action as whether or not the
have any questions feel free to shoot me a message on Discord.
in price okay and we were essentially defining the the
we were looking at is if I can get the paint brush to work
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