Original subtitles

between the different asset classes. There's a lot to learn

sell and the way you use it is very simple. I would say

there so yeah hold on tight and be ready to take notes for that

William Percent R is more accurate than any of the other

one. Anyways guys take care and we'll see you in the next

start to see some divergences but also the thing is as well

not too late but gets too early just to see you know are there

could add into your strategy the one where going to be

not then okay yes this checks out time of day checks out you

premium and discounted areas but if I saw that it was not on

you can use just to know if you're selling too early or too

focusing on in the fundamental courses, all the correlations

other points of interest that are more valid at the top if

know cross pay correlation checks out everything so yeah

anyways guys these are just a few extra correlations you

indicators but yeah it's just another added confirmation that

the top range and shown over bought then usually I would not

easily bring it up on the indicator tab on on trading

divergences because I believe for as many winners that you'll

my entry I would always check to see the W% R to see if it's

so I've identified I've identified the point of

win and you may see indicators will give many many false

view. It'll just bring up along the bottom. I like to keep it

signals if you just depend on it by itself. Um so you can

it there you go so what do I use it for and how do I use it

colors that I go with and then here are all the as you call it

retracement for example what when price once price gets to

it's not showing the same then clearly there's something wrong

was selling a bit on this kind right here for some reason.

interest we're now on the lower time frame so this is the five

the settings that I've got going on so if you want to use

when I'm actually entering let's just say for example I

minute chart on EU I want to find an entry for sales timing

is also going well as well so we're seeing yes we're at the

perfect time of the day this could have been like a New York

previously discussed this before and I personally do not

there clearly there's something wrong with that zone and you

Obviously that's not a strategy we use because we wait for more

wrong areas either too close to price action or you might be

maybe a one hour or four hour you know even then it's even

then it's quite effective but when it comes to this you might

very low time frames I've realized rather as opposed to

shown a good confirmation it's much more effective on the low

that's the only one that's slightly different for the rest

can expect either some kind of manipulation to happen at that

point or the zone is just invalid and you've chosen the

and before we move on as well what I wanted to explain about

few points of interest for example in Euro USD but you're

mis and the market structure. So William percent R we've

fundamental course in this case for example you're a USD if you

grey, black, and grey, blue and white, you know. It's just the

course are correlated straight with each other

if it's correlated with the index pair or any other

can go on a risk trade but you might lose a few trades in a

correlations that we're going to be looking at in the

but yeah every single currency pair has its own index so you

errors one thing that really help of that is looking to see

promote the use of indicators apart from when you're doing

row because you're picking you might be picking the wrong

start seeing that arcade we're approaching a zone but on DXY

wait for confirmation but you might miss out on trades you

DXY inversely correlated and then all the other indexes of

this is when you start looking for entries you might have a

not sure exactly which one to execute on so you can either

pairs to DXY it works the same way so here we go Euro USD and

here quite self explanatory apart from just GBP as the BXY

can easily look at that in the same way that you compare USD

explore now. So, currency index correlations. Uh index

the anticipated move is well correlated. So before we go

DXY and EXY which is the index for the Euro and to confirm if

percent R is something, it's an indicator that we brought up

going through it in depth much later on and then William

areas of interest on EU for example. So you take a look at

you're trading on the lower time frames which I'm going to

through that the indexes for each pairs you can see right

correlations are very helpful to you when you have a few

in depth about each economy and there's a lot more to it so

previously. Mainly look at it for divergences but also when

that's why I'm mentioning it here but we're going to be

so UST is going that way. I can see gold going down so I can

see DXY going up. Now, it's going to be talking a lot more

what this is is if you're trading USD you'd look at DXY

in depth in the fundamental course it's not just going to

be like a day you know oh I can see DX going this way so I can

for example intermarket class correlations comparing

still a few left to learn. So currency index correlations

different intermarket classes to understand the flow of money

confirmations we have looked at at the course so far there are

and this is pretty much we're going to explore really really

Yes guys, welcome to the third video of the fourth section. So

trades. Um so it's going to be a lot it's going to be

today we're going to be talking about increasing probability of

really talked about yet. So Apart from all the type of

just adding a few more confirmations that we haven't

incorporating a lot of the knowledge we already know but

video.