All language subtitles for nkj!pm

Alright, let's do a little
breakdown. See what happened

today on gold because gold had
two of the best trades that I

pretty much had today. I
figured we go over some stuff

that worked really well and
some other things that didn't

but let's go ahead and just
jump straight into the

breakdown and see how gold
reacted today, right? Starting

off with the daily. Wanna mark
up all of those liquidity

points, right? Make sure we can
see where direction of the

market is Man, I don't know why
it didn't let me change up

these lines.

As we can see right now, the
majority of the momentum is

still looking short, right? So,
we know overall, we should be

looking to go short to this
daily level here. Now, looking

at the 4 hour, what do we see
coming into the day, right? We

see that our last external
sweep was actually to the lows

here. So, we trapped all of
these. As you can see, sell

stop orders right here. A bunch
of buyers came in once retail

start to try to sell. Right,
and then we can look to take

out this liquidity point all
the way up here. Once We have

taken out these lows right
here. We can actually now

validate right this OB as an
extreme. A lot of you are

probably wondering why. That's
because this has left a nice

little imbalance as you can see
right here. Right? And that

imbalance allows me to validate
this OB above. We can react in

the imbalance as we have seen
right here. Price came up.

Tapped into that imbalance came
down. Tapped into this once

again came all the way back up
and now we could do what

possibly fall again after
taking out these previous day

lows right we also know that
the daily momentum is still

looking short so there's still
a good chance that we can

shorten this area here and keep
going lower right now let's

jump into the one hour and see
what's going on in the one hour

with this right so for the New
York session we had some pretty

good trades come up and just go
ahead and finish off marking

off it's liquidity.

Not going to really need that
right now actually.

It looks like we might have
swept these highs here. Equal

distant highs that's definitely
going to get taken out.

Alright, so let's start to look
around here because this is

where NY started to pop in. As
you can see, right here is

around 8 AM. Alright, so this
is where New York open started.

As you can see, price bought up
and then gave the imbalance

came right back down to this
extreme again and decided to

move back up into this gray
area. Let me just Mark in.

And these 15 minute highs and
lows really are not needed

right remember I said you
really do not need to mark

these in if you want the more
higher probable trades just

stick to the color coded one
hour algo structure because the

algo structure is always going
to be a lot more I I guess

probable the not over these
15-minute fractals, these

15-minute fractals can provide
a lot of false signals.

Anyways, let's hop right into
the 1 minute. Let's see what I

was seeing earlier today,
right? So, as you can see, I

saw someone get this trade
first thing in the morning

actually. If we look back in
the VIP chat, someone actually

took this and I see why they
took it, right? This, I did not

consider this to be asleep in
the lows, right? And a lot of

people did. The reason why I
didn't is it wasn't clear

enough for me. I couldn't
really tell if these lows

really got taken out. Meaning,
I was unsure whether or not

cell stop orders were getting
triggered or not, right?

Because I was unsure as to
whether sell stop orders were

getting triggered or not. I did
see this change of character

right here, right? But again, I
decided not to take it only

because I didn't assume this to
be the sweep of the lows. If

you did assume this to be the
sweep of the lows as you can

see, this would have been your
one-minute refinement. As you

see, this is the last place
that left an imbalance before

change of character, right? So,
this would been your most

optimal refinement in terms of
grabbing gold longs right at

the opening right you would
have targeted all the liquidity

points right so TP 1 that first
M-15 fractal TP2 and then TP3

being that imbalance right so
you would have maxed out at

around a 1 to 7. 3 R, which is
generally pretty **** good

right now come over here we've
now hopped in to this imbalance

right and why is that important
right move one we also swept

15-minute fractal so we know we
can reverse. Two, what else do

we know? We came in to all this
area here in which caused the

break of this low and this low.
So, I am expecting overall

selling to occur in this area
here, right? If we come in,

what's going on after the sweep
of this 15-minute fractal we

can see that we had 12/ 3
drives to the high right we go

back to those core foundational
videos that means we had SP one

SP two SP three I've said it
multiple times but I know a lot

of people probably forget
that's perfectly fine but after

SPthree right we don't always
necessarily have to wait for

confirmation right we can
simply just enter after that

third drive especially if we're
already sitting in some sort of

imbalance or OB which is why
you guys saw me taking entries

the very top right here if you
wanted a bit more confirmation

if you're doing a funding
challenge wait for that change

of character right and then as
you can see we build up this

inside range which I always
talk about right here remember

if there's a liquidity build up
inside of the AMD cycle it's a

lot more valid than when
there's an liquidity build up

outside of the AMD cycle
actually I've said this again

but if there's a liquidity
build up outside of the AMD

cycle or post AMD cycle right
that there's actually more of a

chance of this not and it
actually billing through and

becoming a trap, right? I
remember Euro USD had a setup

today but it built up too much
liquidity, right? Remember I

was telling people that I was
like, look, look, this thing's

building up way too much
liquidity, don't take any

positions, right? Because the
likelihood is all this

liquidity buildup is actually
just going to trap a bunch of

traders. So, this was the first
possible entry on gold today,

right? You could have gotten
that second entry all the way

up here and or waited for that
confirmation down here, right?

Which these were my main
positions say where do these

shorts right here I actually
had my stops resting above

these highs right and I took
this all the way back down now

why did I decide to start
buying up again if we come out

into the 15 minute or even
hourly I believe

so it was in the 15 minute
chart because we were

constantly breaking these M15
fractal highs I look to see if

there was any imbalance
remaining and there was right

here right and if we look very
closely there's that slight

imbalance coming in right here
validating this OB, right? What

also is validating this OB are
these breaks structure right

here on the N15 time frame,
right? So, if we hop back into

the 1 minute again, First of
all, can we scale in? Not that

I see, right? There weren't
that many scaling opportunities

coming in here. However, the
first opportunity I did see

because I want to go over some
of the losses that happened

today, right? One like right
here. Right first we have that

sweep we did have a nice change
of character I even like that

we had as you can see a
liquidity build up within the

AMD cycle this was a very valid
good setup no question about it

right it left this nice little
liquidity build up right left

this nice one minute OB on the
bottom here and as you can see

it left a nice little imbalance
there so I was aiming and

looking to you know capitalize
on this position right what

happened price actually came
and decided to mitigate this

then go higher I completely mis
misread this and didn't see

that this was behind it
remember I said a smart money

trap will trap especially if
there's an unmitigated one

minute OB just resting right
below it which is like this

right here right so a lot of
the times we need to look back

left and see if there's
something resting below which

there was here which is why
this didn't work I actually got

trapped out in SL on this
trade, right? Only thing I will

say that went against it a
little bit was that liquidity

build up post AMD cycle right
here we came up it came in it

built liquidity right these two
little fractals right here told

me that we're building
liquidity to what go down right

so that later told me that I
need to reduce risk on this

trade so I actually reduce my
position to. 25% rather than a

full% right but yeah this would
have been a nice little SL but

I want people still to
understand that it's still a

valid and quality setup right
and that you should be taking

trades like these, even though
it's an SL, right? It is

perfectly fined SL. ISL all the
time, but I'm still profitable.

Anyways, we need to now break
this low, right? In order to

start finding more AMD cycles
again. So here, it's where we

finally break that low. Where
do we continue? Right down to

this low here. Do we change
character? Nope. Then we come

to this low. Did we change
character? Yes. Alright. Now,

what are two refinements here.
Here's that inside range we're

talking about. Now, if you
remember correctly, not only

can we take the inside range
but the inside range can also

be used as inducement, right?
So, if you don't want to wait

for the inside range and you
want to wait more so for the

the extreme, you can. Very
similarly how did this built up

liquidity to this right this
would have been that inside

range you could have taken
right to mitigate to go higher

as you can see price did try to
go higher right here but failed

right and instead came to the
extreme and just not that up so

I guess that's not really the
best example but as you can see

here right it tried to buy off
this inside range it couldn't

do it but then it tapped into
this and this is what I

actually entered right so I
actually was looking at this

one while price was coming down
into this OB go okay there's a

very good chance it's going to
sweep this portion of liquidity

here you know before going
higher so in other terms right

there's a very good chance we
either would have had this

position line like right here
right with a really wide stop

at around 22 pips or we would
have tighten that up SL on that

first one for and then
recovered basically everything

and I closed this one out
already I closed out as soon as

we took out these highs right
here that was my target I

didn't think this thing was
actually going to fly the way

that it did right but as you
can see this was really the

basis of how gold move today
and these were the what I have

up on the chart right now are
the only viable setups that

occurred during New York right
like I said there will be

numerous trades for each pair
throughout the day you just

have to you know understand
that you can take loss right

here's a loss here here's a
loss here but look at the wins

and the RR associated with
those wins. They completely

knock out your losers, right?
That's why I always say, take

every single setup. We'll go
over these setups again. Here's

8 AM, right? We induce previous
day lows, right? We induce

previous day lows. We know we
need to come back up to the OB

up here to push it back down,
right? So, my assumption is,

okay, let's buy this thing up,
sell it back down. I already

have this assumption going for
me, right? I, what did I put

into trade ideas today?

I guess it kind of did that it
came up right took out this and

instead it actually took out
this portion here still made

its way coming up which I
assumed now it's finally

decided to go back up again so
instead of it taking out this

one come back down and going
higher it actually took out

this then this thing up here
came all the way back down then

rock it back up alright again
let's go over the validation of

these trades one more time
previous day lows got swept we

can look for that AMD cycle I
wouldn't taken this personally

and I've I've told you guys why
this looks like eagle distant

lows to me this did not look
like a sweep so I would have

stayed out of this trade so I'm
currently zero zero on trades

right now but now when does the
market give us another

opportunity right well did it
give us the ability to scale in

right here I would have waited
for it to come back down to

this demand no we did not get a
scale in opportunity now we

come up we swept right 15
minute highs AMD cycle no swept

15 minute highs AMD Kind of but
it's not the best one, right? I

do see the sweep of these highs
and then the break of structure

of these lows but there's no
fractals associated with it.

Remember the more probable
moves are going to have

fractals on, right? So that's
why I consider this SP one, SP

two, SP three. How do we know
not to start shorting when, you

know, price broke this then
came back up to here and start

shorting it. Well, when price
came up to sweep these highs

right here, right? That means
we have to Take out these lows.

When price came out and swept
these highs here, that means we

have to come and take out these
lows, which we never did, until

over here, right? Well, we then
took out these highs, these

highs were taken out by these
lows. Once these lows got taken

out, right, and considering all
the confluence in our favor,

right? So we have the AMD
cycle, we also have, the high

time frame bias, which is
short, so shorts are in our

favor, we also have previous
day lows that taken out this

four-hour extreme with an
imbalance that came into play

that tells that price can start
shorting down, right? We had

three swipes to the high price
cycle inducement to kind of

confirm all this as well. There
was just a lot of good

confluence in this trade to
tell me that this was going to

short. This, was this a high
probability trade? No, it

wasn't. I'm going to tell you
why it wasn't because the

15-minute structure points
again are not algo structure.

The probability of this trade
is lower than these shorts

right here. Notice this one
higher probability trade per

say this was a clear sweep if
this was a clear sweep this

would be a high probability
trade we swept previous day

lows AKA external liquidity
which is generally going to be

a more so high probability
trade than anything we're also

playing the algo structure is
this up here also playing the

algo structure it absolutely is
this OB this imbalance is

related to this previous day
low right so because these two

have a relation then that means
this is going to have some

probability to it. Now, this
has no relation to any sort of

algo structure given on the
chart. Why? Cuz we're strictly

playing the breaks of these
15-minute highs. We're

forgetting about all the
selling pressure coming in here

that's related to the algo
structure that's actually

going to take majority of
control. Probably wondering

now. Why did I buy right here?
Right? Numerous, numerous

reasons, right? I was expecting
the buying to occur here no

matter what. Two, I'm also
expecting for fundamental

reasons for gold to go up in
the long term, right? I figured

that this was going to be my my
main buy position. It was just

going to ride all the way up. I
thought this was just going to

be a hedge sell but no, we
still came in to this OB here,

right? We came and mitigated
that imbalance, right? This

inside still had nice price
cycle inducement coming within,

right? I would have played
this. It's still a valid trade.

Even though it's not highly
probable because of this, it's

still a valid trade. So, we
come back to this one over

here, is it highly probable?
Probably, the most probable

trade that we have gone over
today is this one, I would say

this one if it's swept. These
two would be the only high

probable trades. This one and
this one are a little bit less

probable because we're not
playing that algo structure,

right? But the still valid.
People certainly understand

that there's still validity to
this, right? It all is based on

that same sweep, change of
character, mitigation, right?

Sweep, change of character,
mitigation. It's the same thing

happening over and over and
then this thing just ****

rocketed. Now, GU was really,
really confusing today and

there were quite a bit of SLs
on GU. Right? If we come in

here, do a quick little
analysis of GU because a to

meet with somebody in like 10
minutes here.

We can see that the momentum is
up in terms of the high time

frame top into the four hour
alright bring this out we can

see at first we've already
slept previous day highs right

here this is why I have my
session breaks on so I can

recognize that quicker, right?
We're now sweeping highs of the

day.

Sweeping highs of the day and
that is what caused that push

down right here.

Hopefully me just doing these
types of analysis for you

really help you I assume they
didn't I I think I drew this

one out on the trade ideas I
figured GU was going to short

here yeah right I knew this
thing was going to come up into

any of this area after being
here come up and short which is

why you know I had that all
drawn out right here it came

all the way up and now it came
back down and shorted as I

expected

we had this and then all of
this was imbalance first thing

first what's more probable the
imbalance or the OB the OB no

question about the OB is the
extreme the imbalance is always

going to be a little bit less
probable so understand that

positions you take in here you
should risk less whereas

positions in here you should
risk more right that's all the

algo structure I just want to
play the algo structure right

now so let's go ahead and take
a look first things first what

did price come and take out
what validated all this price

came and took out internal
liquidity and lows the day 90%

continuations 5050% chance
right here so as soon as we

induce this I knew once we
induce this we were going to

reverse back into here and then
start shorting back off again

until taking out these lows to
reverse back up right so let's

get into it first position that
I saw today coming into GE

right here is eight o'clock
right as Saw this sweep and we

came and swept down here,
right? This low was taken out

by this high, not a bad trade
at all. Take it. This is not a

bad trade. Right?
Unfortunately, we got trapped

out but this was a good trade
on GU today. Was it high

probability? No, it was orange.
Right? But it was still a valid

good trait. Come back down into
it right here we take out these

lows then we change character
here again I would have waited

again for the mitigation of
this price never came back down

to mitigate so unfortunate one
SL on GU today like I said

today was really whack anyways
let's come back into here we're

now coming into the imbalance
right I accidentally clicked

that. Sweet, no change of
character. Sweet, we have a

change of character. But no
imbalance right the only

imbalance that there would be
be these highs can you take it

yes it's valid most definitely
is valid but the imbalance is

always a little bit more risky
so that would be an SL today

was really really bad for GU
anyways sweet no change of

character that was really messy

No change of character. Sweet.
Change of character. I thought

this was another beautiful
trade. Look what happened. SL.

We are now at three SLs in a
row. Do we freak out? No. Don't

freak out. This type of things
will happen as you can see. We

are following the rules. We're
doing the same thing we always

do. This is the first day I've
seen in a really long time

where I've seen just
consecutive SLs just stack.

Right? We're doing nothing
different. We're trading the

same setups, right? We just
cannot get upset about these

types of losses. I didn't take
this trade down here. I took

this one and I took this one.
Both were SLs today. Am I still

profitable in the day? Yeah. I
traded gold. So I made a ****

load of money because of that,
right? So I didn't have to

worry about these SLs on GU.
Did it mess with my psychology

a bit though? Absolutely. When
you take three or even just two

Ls in a row like that, it can
really hinder your psychology

make you not want to trade
anymore. Right? Anyways, did

this eventually confirm? Here's
that last sweep. Here's that

last change of character here.
We know we can what? React

anywhere in here. I saw people
getting this in here. I was

waiting for the extreme. Right?
I was hoping that this high

right here was going to be
inducement into this area here

and I never got tapped. Price
never came in but I saw a lot

of people getting these. Now,
if you want to be more

aggressive than me, you can use
the Fibonacci. Here's a new

refinement you can use. Once we
have the suite, once we have

the change of character, go
high to low or this would be

low to high right? And what do
we do? You just have to wait

for price to retrace back into
the 38. 2 level to even start

taking the position. So, you
could have started taking

positions here. Just know that
your stop loss is still placed

up here. This probably would
have only been a one to three,

one. 1. three point five, one
to three point five, right? So,

not crazy R but you're still on
the right side of the market

directionally. Yeah, I saw
someone take this trade right

over here. Good job. I think it
was Playboy Charities.

Congratulations. That was hype
and then it came and hit its

target, right? Now, did we have
confirmation to flip back up

after this? Yeah, we had to
sweep, change of character, we

never came back down to
mitigate, unfortunate, right?

Can we take sales in any of
this area here? No, price

already extended into here. We
need to sweep these highs if we

were going to think about even
selling again, right? So now,

we have this in this is our
range until we can start

looking to do anything else
with price. As you can see, I

practically got nothing on GU
during New York. If anything, I

just took loss. Am I going to
go chase everything else in

here? No, I accept it. I have
to. All all that's going to

happen if I keep trying to
chase and make back this money

that I lost. I'm just going to
lose more in all this ****

nonsense. You do not want to
get lost in it. If you get lost

in all this, that's on you,
right? You really have to keep

a good psychology. We know this
was a good trade. As long as

you know you're trading a good
setup, there's no reason to be

upset. If you traded a bad
setup and lost. Yeah, pinch

yourself a bit. You shouldn't
be, right? Only take good

steps. Even this setup right
here, I wouldn't be upset with

anybody taking because it's
still valid. Right? I still

like the validity in this trade
right here. You still had came

into this MS had to sweep
change of character, right? We

came in to the only place that
we know that has imbalance in

it. So, 1. 5 S, I mean, it
would have been a fantastic

trade if it worked out. But we
just have to know that it was

valid, it was valid, and we
also have to remember, again,

probabilities, right? Where was
our highest probability trait?

It was actually the one I took
an SL on here. Right? We came

into the actual movie. We had
that sweep. We had that change

of character. I made a really
nice demand stack. Right? There

was nothing wrong with this. At
all. There was nothing wrong

with it. Right? Really quick
reaction. Came back coming. It

just blew through it. Trap
people out and that's going to

happen. Right? Take a quick
look at EU.

Looks like what we came and
took out daily highs right here

I can almost guarantee

If we come look at these daily
highs up here, we probably have

some sort. Of change of
character.

They're actually right here.
Believe it or not. So, this

gets swept right here. I didn't
really talk about this

refinement much but whenever we
have this three-bar move,

right? We can take this as the
sweet change of character. And

then this extreme be the
mitigation but I know a lot of

us aren't going to be or a lot
of you aren't going to be

playing that more so a lot of
you are going to be playing

this is the sweep this is the
change of character right and

then perhaps from there you can
take This is order flow. This

left an imbalance so it still
remains to be valid and it's

within the A and D cycle. So if
you were to play it safe, this

sweep, this change of
character, you more so would

have gone this move here. And
you're probably wondering what

about the proximity? The
proximity doesn't matter when

price leaves an imbalance like
so in the AMD cycle. Also, if

there is an inside range,

This is just the refinement of
that inside range. You want to

take that whole range, you
could've, right? And it would

have been more so like this.
Alright, whatever you're more

comfortable doing. Then we
would have traded all this all

the way back down to here,
right? Now, this is the trade I

told people to stay out of.
Why? We did have a nice sweep

change character here. First of
all, is this a highly probable

AMD cycle? No, we didn't have a
red fractal on the top. So,

it's not a highly probable AMD
cycle. Second, what was the

next thing wrong with it,
right? Well, we sweep previous

day lows. We swept previous day
internal liquidity and we came

into that imbalance here. The
problem with it was is that we

saw this entire liquidity
buildup happen right above it.

Whenever price builds up
liquidity post AMD cycle, it is

going to **** you. One 100
times over. It's going to

happen a million times. We come
all the way down here. Do we

have any sort of AMD cycle?

Sweep. Sweep. Sweep. Sweep.
Change of character. Here we

finally have it. Where were you
taken? Probably this right

here. Right? Looks like it
didn't get tapped here but is

there an imbalance right in
there? Coulda had it all the

way up to here where that
imbalance finally stops. Yes,

you could have gotten some
longs here. This would have

been a good position. You most
likely would have started to go

break even after the after
these highs got taken. Once you

gone break even. It's up to you
as to whether or not you

want to take partials. I
probably wouldn't have. I

probably would have hit the
majority of my position all

break even here. New York had
the **** day for EU and GU. As

you can see, EU had nothing. EU
had nothing, nothing in a BE.

All in New York. And in London
was just **** having a party.

Anyways, let's come back to GU,
right? So if you're trading

EUGU today, EU woulda had one
break even. Gu woulda had three

SLs. So already right away we
already know EU and GU are ****

dead. Right? Now you could have
gotten like I said these cells

right here if you want to be a
little bit more risky but again

if you're playing the highest
probable extremes you know you

woulda hit three SLs. Come over
to gold. Even with all that

**** to have on EU and GU. Gold
still would have recovered you.

Even after taking this loss in
this loss here. Right? So,

today was a really, really
rough New York session. So, if

anyone had a really bad day
today, please understand that

like this today of days like
these really **** suck. Um

another thing to note and I did
talk about this briefly in the

VIP chat. Whenever Powell is
speaking, not during but more

so before and after he is
speaking, the market will

always move differently, right?
It will not respect the same

technical analysis it always
usually does. Now, during times

NFPs, CPI, the market actually
moves better. I I don't really

know the reasoning behind it
just through constant

experience and back testing.
It's just what I've seen. It's

just very very bad to be
trading while Powell is even

speaking that day. Cuz then
**** with EUGU happens. Right?

Why do I like Asia so much? A
lot of people have been asking

me. There's no news. So it's
just pure price action. Right?

There's nothing affecting my
analysis. So I I today's

breakdown was at least a little
bit helpful and gave you guys a

little bit more of a vote of
confidence. Um as you can see,

gold really was the best thing
to be trading today. EU and GU

are just an absolute slap on
the wrist. I mean, there's not

much we can really do to avoid
situations like that but all I

can say is keep taking the same
setups over and over. Just be

patient. Don't force trades for
is the more you're going to the

more you force trades you have
like any type of psychological

issue you're enduring right now
is most likely the reason why

you're not profitable if you're
not profitable or can't pass a

challenge right I feel like
most of you understand

everything conceptually which
is great but anyone can really

understand these concepts. It's
really not rocket science. The

hardest part again is really
just that psychological aspect

of things and you know over
time and just with experience

of forward testing all this it
does become a lot easier. I

will say as you do build up
more capital and you gain more

money, trading gets 10 times
easier because you're not

worried about making money in
the market. You're just worried

about getting one good
position. All I worry about in

one month's time is hitting one
one to three and I'm set for

the month, right? So, I that's
why I don't stress about like

certain positions or if I don't
take the position like I simply

just wait and I wait and I
always say it on my Instagram

story just sit on your sit on
your hands like it's the it's

the biggest super power you can
have is sitting on your hands

and just looking and watch like
I don't know what you well do

whatever you have to do to take
up the time on the charts like

I mean don't stay focused and
look at the charts 100%, but I

don't know keep do something
else to you know maybe not make

you trade or something because
I see a lot of people taking

unnecessary positions. Things
that are like in here like oh

are these continuations right
here? Like yeah but they're not

good. It's not a highly
probable trade. You can take

trades all in these breaks the
structures and try and continue

with them. But you're forcing
that, right? If you just wait,

notice where I'm taking
positions are mainly at the

extremes of price, right? And
as you can see, this was not

really at the extreme. I guess
that's the reason why it didn't

work out so well, right? They
also we went over this but it

didn't work out so well because
these are 15-minute structure

breaks, not huge algorithm
structure breaks, right? Now,

say this was a one-hour
structure break of orange or or

gray. One hundred percent I
would've loaded up a lot more

on this position, right? I'm
telling you guys, if you

haven't watched through all the
videos from the beginning to

the end, please do because I
really do, you know, I've I've

did it purposely to where I'm
constantly adding in, you know,

newer and more complex
refinements as we go. There

there are more things I have to
show you guys in terms of

refinements especially when it
comes to the seconds time frame

and I will get to it but what I
notice happens is when I

introduce something new, people
stop studying the basics and

foundations such as like
injections which I actually

still do use. Um But they are
all important. I promise you,

everything that I show you has
importance, right? And I really

try and make it as clear as I
possibly can. But other than

that yeah it was pretty much a
breakdown of pretty much

everything today. Um again this
is just a really **** **** day

happens. I knew this was going
to short here. It just didn't

give a good quality setup
unfortunately. So anyways have

a good rest of your day. I'll
see you guys in Asia so in the

next like 4 hours.