Daily FX Trading Strategies | Step By Step Day Trading Revealed

Summary

In this video, Emily, a Forex trader and full-time mother, shares her recent trading experience, making $1,500 from a $100,000 account with the 5 Percenters program. She discusses the importance of risk management over aiming for big wins, especially during slow market periods. Emily provides insights into her trading strategy, focusing on price action, market structure, key daily levels, and Fibonacci retracements. She also addresses the challenges of balancing trading with motherhood and the decision-making behind her trades.

Takeaways

• 😀 Emily, the channel owner, is a full-time Forex trader and a mother of two young boys, balancing her trading career with family life.
• 🔍 She warns her audience about fake accounts impersonating her on YouTube and advises vigilance against potential scams.
• 📘 She is working on an e-book titled 'Forex Trading 101: A Guide for Beginners' and invites interested parties to join a waiting list.
• 💡 Emily emphasizes the importance of risk management in trading, especially during slow market periods, and shares her strategy of surviving and thriving in such conditions.
• 📉 She discusses her trading performance for the week, highlighting that despite no significant wins, she managed to finish with a profit, underscoring the value of consistent risk management.
• 🏦 Emily shares her experience with the 5 Percenters, a prop firm, and explains the different funding programs they offer for traders at various stages.
• 📊 She provides a detailed breakdown of her trades for the week, focusing on the GBP/USD pair, and explains her trading decisions based on market analysis.
• 📈 Emily uses technical analysis tools like Fibonacci retracements, key daily levels, and institutional price levels to identify trading opportunities.
• 🚫 She mentions not trading live due to her busy schedule as a mother but expresses her intention to share live trades when her situation allows.
• ⏰ Emily discusses the impact of market sessions on trading, particularly noting the challenges and opportunities presented by different times of the day.

Q & A

How much did Emily make from day trading this week?

Emily made $1,500 from day trading this week.

What is the size of Emily's trading account?

Emily's trading account is $100,000.

How long has Emily been day trading the US Stock Market?

Emily has been day trading the US Stock Market for around 5 years.

What trading instrument has Emily gravitated towards?

Emily has gravitated towards day trading Forex.

What is the main reason Emily shares her trading journey on her channel?

Emily shares her trading journey to document her growth and development as a Forex Trader.

What is the status of Emily's upcoming ebook, 'Forex Trading 101'?

The ebook 'Forex Trading 101' is still in the making and going through the final editing processes.

Why can't Emily share live trades at the moment?

Emily is currently unable to share live trades because her live trading process is very busy and she is also juggling childcare.

What is the name of the broker Emily recommends for beginners?

Emily recommends Vantage as a broker for beginners.

What is the significance of the $1,500 profit Emily made this week?

The $1,500 profit is significant because it represents three times her risk for the week, which she considers a good result for a slow and choppy week.

What trading program is Emily currently on with the 5 Percenters?

Emily is currently on the 'High Stakes' program with the 5 Percenters, which is a two-step program leading to a fully funded account with a profit split.

What trading strategy did Emily use for her first trade on Monday?

For her first trade on Monday, Emily used a short position following a pullback and a break below the previous daily low, using Fibonacci retracement to find her entry point.

Outlines

00:00

📈 Introduction to Emily's Forex Trading Journey and Weekly Recap

Emily, a full-time Forex trader and mother, welcomes viewers to her channel where she shares her trading experiences. She discusses her transition from day trading the US Stock Market to Forex and her current trading routine while managing her family. Emily addresses the issue of fake accounts impersonating her on YouTube and provides an update on her upcoming ebook, 'Forex Trading 101'. She also highlights a viewer's comment requesting live trade demonstrations, explaining the current impossibility due to her busy schedule but expresses her intention to share live trades when possible. Lastly, she mentions her recent video on a transformative trading indicator and previews the content of the current video, focusing on her trading activities for the week despite not having any significant trades.

05:01

💹 A Typical Trading Week: Risk Management and Small Profits

Emily emphasizes the importance of risk management over aiming for large profits, especially during slow market periods. She shares her trading results for the week, making just over $1,500 after commissions, which she considers satisfactory given the market conditions. Emily discusses the 5 Percenters program, explaining the different funding options available for traders and her current participation in the High Stakes program. She provides a link to the 5 Percenters for interested viewers. Emily then analyzes the GBP/USD currency pair on the daily timeframe, explaining the slow and choppy market conditions and her conservative trading approach, focusing on protecting capital rather than maximizing profits.

10:02

📉 Detailed Trade Analysis: Reading Market Structure and Price Action

Emily provides a detailed analysis of her trades during the week, focusing on the importance of market structure and price action. She discusses her first trade on Monday, which was a short position based on the continuation of a downward momentum after a pullback. She explains her use of Fibonacci retracement to identify entry points and her decision-making process for setting stop losses and profit targets. Emily also shares her approach to managing open trades, including closing positions early to secure small wins and her rationale for doing so. She further illustrates her trading strategy with a specific example from Wednesday, where she doubled her position after an initial profitable trade and managed the risk by setting breakeven stops.

15:04

🌟 Missed Opportunities and the Importance of Risk Prioritization

Emily reflects on her trading decisions, particularly a missed opportunity on Thursday where she set an order that was not filled, leading to a missed profit. She discusses another trade she took on the same day, which was a long position based on strong bullish price action and a break above a previous structural high. Emily explains her entry and exit points, including her decision to close both positions提前 to protect capital before an expected news release. She acknowledges that she could have made more money by holding the trade but reaffirms her commitment to risk management. Emily also mentions another missed long opportunity due to possibly being busy with her children. She concludes by encouraging viewers to subscribe for her next video, where she will discuss more on institutional price levels and invites feedback and questions in the comments.

Keywords

💡Day Trading

Day trading refers to the practice of buying and selling financial instruments within the same trading day. It is a short-term trading strategy where positions are opened and closed within a single day, aiming to capitalize on small price movements. In the video, the speaker mentions making $1,500 from day trading with a $100,000 trading account, highlighting her success in this high-paced trading method.

💡Forex (Foreign Exchange)

Forex, short for Foreign Exchange, is a decentralized global market where currencies are traded. It is the largest and most liquid financial market in the world. The video's speaker has transitioned from day trading the US Stock Market to day trading Forex, indicating a shift in focus to the currency markets where leverage and 24-hour trading opportunities are more prevalent.

💡Risk Management

Risk management in trading involves the identification, evaluation, and prioritization of risks followed by coordinated efforts to minimize, monitor, and control the probability or impact of unfortunate events. The speaker emphasizes the importance of managing risk, especially during slow and quiet market days, to ensure survival and profitability. She mentions trading conservatively and protecting capital as part of her risk management strategy.

💡Pip

In the Forex market, a pip is the smallest amount by which a currency quote can change. It is typically the fourth decimal place in a currency quote, representing the smallest unit of price change. The script mentions setting stops in terms of pips, such as '20 pips', which is a measure of the risk the trader is willing to take on a particular trade.

💡Fibonacci Retracement

Fibonacci retracement is a technical analysis tool used to identify potential reversal levels in the price action of a financial instrument. It is based on the Fibonacci sequence and is used to predict future price movements by measuring the strength of a trend. The speaker uses Fibonacci retracement to determine optimal entry and exit points for her trades, as seen when she marks a trading opportunity based on the tool's levels.

💡Scalping

Scalping in trading is a strategy that aims to profit from small price changes by making many trades throughout the day. It is a form of day trading characterized by high trading volume and low profit margins per trade. The speaker identifies herself as a day trader and scalper, indicating that she looks for multiple small opportunities to profit within a single trading day.

💡NFP (Non-Farm Payrolls)

Non-Farm Payrolls is a monthly report on the number of jobs added to the economy, excluding the farming industry. It is a significant economic indicator that can influence currency values and is closely watched by Forex traders. The speaker mentions awaiting the NFP news release, suggesting that she is considering its potential impact on her trading decisions.

💡Pullback

In trading, a pullback refers to a temporary decline in the price of a security or an index after a significant rise. It is seen as a normal part of an uptrend and can provide buying opportunities. The video discusses a period of pullback in the Forex market, which the speaker navigates by making conservative trading decisions, reflecting the market's uncertainty during such times.

💡Account History

Account history in trading refers to the record of all transactions and activities within a trading account. It provides insight into an individual's trading performance and strategy. The speaker shares her account history to demonstrate her trading performance for the week, showing a profit made despite the market conditions being described as slow and choppy.

💡Prop Firm (Proprietary Trading Firm)

A Prop Firm, or proprietary trading firm, is a company that trades its own capital with the goal of making a profit. Traders at these firms are provided with capital and infrastructure to trade, often with certain profit-sharing agreements. The speaker mentions the 5 Percenters, a prop firm she is associated with, indicating her participation in a program that provides funding for her trading activities.

💡R (Risk Reward Ratio)

The risk-reward ratio in trading is a comparison of the potential risk of loss against the potential reward of gain for a trade. It is a key metric used by traders to evaluate the attractiveness of a trade. The speaker refers to 'r' as her risk-reward ratio, where she mentions making three times her risk (3R) for the week, indicating a profitable and well-managed trading performance.

Highlights

Emily made $1,500 day trading with a $100,000 trading account.

She started day trading the US Stock Market and transitioned to Forex.

Emily is a full-time mother managing her trading alongside her family responsibilities.

She cautions viewers about fake accounts impersonating her on YouTube.

Her upcoming ebook 'Forex Trading 101: A Guide for Beginners' is currently in editing.

Emily addresses a viewer's request for live trades, explaining her current limitations.

She emphasizes the importance of risk management over aiming for big wins in trading.

Emily's trading this week focused on the pound-dollar pair due to market conditions.

She discusses her decision-making process for entering and exiting trades based on market analysis.

Emily shares her experience with the 5 Percenters prop firm and their funding options.

She reviews her trades for the week, highlighting her approach to managing risk.

A detailed walkthrough of Emily's first trade of the week, including her strategy and exit.

On Wednesday, she doubled down on a position after the first trade hit its target.

Emily's conservative approach to a slow market, focusing on protecting profits.

Her final trade of the week was a long position based on key price action and market structure.

Emily reflects on missed opportunities and the importance of not letting emotions dictate trades.

She invites viewers to subscribe for upcoming content on institutional price levels.

Emily concludes with a call to action for likes and comments, promising to respond to viewer interactions.

Transcripts

this week I made $1,500 day trading a

$100,000 trading account with the

5centers and in this video I will share

exactly how hello and welcome back to my

channel if you're new to my channel

welcome my name is Emily and on mind Fu

trading I share my journey as I grow and

develop as a Forex Trader I originally

started day trading the US Stock Market

around about 5 years ago and since then

I've gravitated towards day trading

Forex I day trade full-time and I'm also

a full-time mother I juggle two boys

under the age of too so it is definitely

a busy time for me in my trading journey

and if you are one of my regular

subscribers hey welcome back and thank

you so much for supporting the channel

there's a couple of things that I want

to share with you a couple of updates

before we dive into the main content

today so first of all I've noticed that

we've been having a lot of fake accounts

commenting pretending to be me on

YouTube so just a reminder for you guys

to be vigilant because I don't want you

to get caught out in any scams a quick

update for you guys if you have emailed

me in regards to my UPC coming ebook

Forex Trading 101 a guide for beginners

it isn't available just yet it's still

in the making it's not long now it's

going through the final processes of

editing so if you do want to join the

waiting list I have got an email that

should come up on the screen feel free

to drop me an email and I'll add you to

the waiting list for the ebug and

finally on my recent video where I

shared one of the trading indicators

that has transformed my trading I've had

quite a lot of comments on that video

I've not had time to go through every

comment yet but there was one comment

that stood out and I wanted to highlight

that and if somebody saying that anybody

can share a recap from a past trade but

they want to see live trades well the

reason I'm highlighting that with you

now to answer that is because I

literally am in a position at the moment

where I cannot share live trades with

you unfortunately because my live

trading process is so busy I am

basically juggling breastfeeding a baby

whilst keeping the other one from

beating us up and taking a trade on my

mobile phone so trying to record that

live firstly wouldn't be pretty and I

just wouldn't be able to do it because

I'm lucky enough to be be able to trade

as it is with the boys at the minute but

by all means when I'm in a position

where life is a bit more Cala for me I

will certainly be sharing some live

trades and I look forward to doing that

with you and helping you to grow from

those but until then I'm going to just

share the best that I can with what I've

got so as always all of the resources

I'll be using this video today will be

linked in the description below I do

often get asked what the best broker is

especially for beginners so if you are a

beginner starting out I have got my

broker in the description below I have

recently moved to Vantage and there's

quite a few reasons why and I'll share

that in a separate video but I found it

to be a great broker it's safe and there

is a free demo account as well so it's a

good one to get started

on before we jump onto the computer to

look at my trade breakdown first of all

what makes this week so special why am I

sharing this with you to be honest

absolutely nothing in fact this week has

sort of been a bit poor for me because

I've not had one decent trade I've not

had one trade where it's hit my original

take profit and I've not had any massive

winners nothing special at all which is

why I'm sharing it with you because it's

so important to remember that trading

isn't always about aiming big it's not

about taking those massive winners it's

not even about making lots and lots of

money in my opinion trading is more

about managing risk especially during

those slow and quiet days to be able to

survive until you can Thrive and more

importantly to finish green and that's

what I've done this week now don't get

me wrong I could have definitely traded

better this week in fact when I reviewed

my trades I realized that if I had taken

my original profit targets I could have

actually doubled the week's winnings so

I could have ended up making $3,000

instead of $1,500 if I had just traded

my original trade ideas I will show you

more about those later in the video but

this is the nature of trading it doesn't

always work out the way that you want it

to and it's just so important to not let

the emotions take over and take control

control and that's why I'm sharing this

with you today I'm sharing with you an

insight into an average trading week

what it looks like and hopefully you'll

be able to take something away from it

for yourselves but during a slow choppy

week I have been trading one pair and

that is pound dollar we are currently

awaiting the NFP news release today as

I'm recording this so it's been quite an

unsure week and this is how I did so

here is my account with the 5% is I'm in

metat Trader 5 here's my account history

so I took one trade on day the 4th of

December I didn't trade on the Tuesday I

took a trade on the Wednesday and I took

a trade yesterday so I've traded three

days this week as I said I'm recording

this Friday um NFP news releases due out

this afternoon GMT and as it stands I'm

not looking to trade because I'm quite

happy where I am in my account and I

have the boys this afternoon so I'll be

lucky if I get time to but we will see

but even though I've had no massive

winners I've had nothing special happen

this week I'm still happy with my week

because as you can see I've made a nice

profit and after the commissions I'm up

just over $1,500 which works out for me

at three R because one r one risk for me

I risk 0.5% per trade that's about $500

per trade so I'm up three times my risk

on the week which to me is pretty good

for a slow choppy week I have received

quite a lot of questions from

subscribers asking about the prop form

that I use so I just wanted to show you

the Five Percenters before we dive into

the main meet here is their website and

the 5centers have three different

programs available for their funding

option so they are a prop firm and you

basically have to pass a challenge with

them to be able to trade a live account

now the hypergrowth program is an

instant funding account so you can

basically trade that and once you hit

the profit Target then you able to start

taking your own profit withdrawals from

that account the high stakes that's the

program that I am currently on and I'm

am on the 100K account that's a two-step

program

so you have to basically pass two

challenges and then you get access to

the fully funded account where you take

a profit split so it starts off at 80%

profits to the trader 20% to the

5centers there's also a boot C program

which is really good especially if you

are on a low budget because it's a very

lowcost option it gives you the

opportunity to scale up over time to

trade those larger account sizes so if

you want some more information on the 5

centers if you are a consistently

profitable Trader and you want to take

your trade into the next level make some

serious money I've got a link to them in

the description below so make sure you

check those out okay guys so here we are

on the daily time frame for pound doar

and it's quite interesting to start off

here because you can see exactly why it

has been a slow and choppy week so let's

have a look from the Friday of last week

price closed right at the highs and so

far this week from the weekly open price

has literally just been in this phase of

pullback so on the Monday we had a big

drop down Tuesday Wednesday Thursday was

a little bit of a push up and currently

we are just trying to drop again so it's

as you can see it's very clear that

we're in a phase of pullback and it

explains why it's been slow and choppy

now if you are a swing Trader you

probably would have struggled this week

it wouldn't have produced many

opportunities for trading because it

just hasn't been any movement there's no

volume there the candles are very small

whereas for day Traders and scalpers

such as myself we can still find

Opportunities to trade in this period of

pullback but it's just important to keep

in mind that when you're in a period of

pullback first of all the market is

still in this long-term uptrend because

on The Daily we've been making higher

highs and higher lows but because we're

in pullback it's not clear whether or

not we are pulling back until we get

some momentum to continue the uptrend or

whether we are pulling back and then the

momentum may come in for a deeper

pullback or maybe even a trend shift so

this is always a phase in the market

where it's uncertain and it's it's

important to keep that in mind when

making trading decisions and that's why

for me I've made very conservative

trading decisions this week it may

appear that I have cut a lot of winners

short but that is because I've had this

overall view of the daily chart at the

front of my mind through the entire week

and I have been focusing on protecting

Capital rather than aiming to make more

Capital so I've just moved on to the

15minute time frame and you can see

these vertical dotted lines they're

called session dividers so these

basically just highlight the different

days of this week and this is that

pullback that we were just looking at on

The Daily time frame so from the start

here the Monday we just basically

dropped off and sold off throughout

Monday Tuesday Wednesday Thursday and

currently Friday not a lot of movement

we've just been in this steady downtrend

well my first trade was actually taken

during this little tiny pullback here on

the Monday and it was a fairly simple

trade I took it on the faster time frame

the 5 minute time frame and after we'd

had this big drop off during the morning

it was clear to me that we were pulling

back back so I was looking to follow

this overall trend for a shortterm short

position and we basically had a couple

of points to this trade so first of all

the momentum to the downside made this a

short we had a pullback here and then

price broke and closed below the

previous daily low now I talk about this

in my video of last week so I'll include

a link to that above talking about these

key daily levels and once we did that

for me that showed the momentum was

continuing to the downside and then I

brought in Confluence of the Fibonacci

retracement from the previous pullback

to the low and this is where I marked a

trading opportunity for a short so I set

my order here in the middle of the three

levels of optimum trading entry and my

stop was just above this pullback at 20

Pips and I was originally aiming for a

1.5 Target which was a break of this low

now as price pushed down and it came

level with the low of the day it broke

the previous daily low but then it

pushed back up and as we got this little

retest here where price came down and

then it went back up again it was clear

to me that we were losing momentum it

was getting on to the evening here

anyway so I knew that the volume was

going to die off so in that instance I

decided to just close my position so I

ended up getting out around about this

level here it was around about this key

level that I closed the trade during

this consolidation so I took a short win

here fair enough I could have gotten out

at the lows and made one R but at that

point I thought the trade was going to

continue down and it didn't so I managed

to just take a very small win for the

Monday a little profit cushion on my

account and in the end it was a good job

I did because if I had just left that to

trust my trade plan then during the

Asian session it would have actually hit

my

stop so that was Trad number one taken

on the Monday on the Tuesday I didn't

actually trade because we didn't get a

clear break of this daily level until

later on and for me it just went outside

the session time so it went outside of

my active trading time moving on into

the Wednesday I did get a trade here and

again this was taken on the 5 minute

time frame so here is the daily play out

on the 5 minute time frame for the

Wednesday so we opened at this level

here and for the most of the morning we

were consolidating around the daily open

and during the London session we didn't

really get any movement it was just

ranging well I just made these a lot

bigger to just see clearly what price

was doing and for me it showed that we

had opened up we dropped down we pushed

up but we kept coming back to this open

and price was losing momentum to the

long side then we got a very strong push

down after the London session and that

was when I thought it was clear that we

were going to continue down because it

broke below this daily open below the

previous low of the day the momentum was

going down so for me that just turned

into where's the best place to get short

for this trade and once again I brought

my Fibonacci retracement tool from the

previous High which at the time I took

the trade

was at this point in time here so I used

this previous little pullback before the

low here and I set my short at 96

because for me that was in this Optimum

trade entry level and it was also just

below the key institutional price level

at the whole dollar the 1.26 now I set a

larger 15 Pips stop and my original

Target for this once again was 1.5 R I

was looking to break the previous daily

low so I got into this trade around

about here it was after this pin bar

rejecting the highs and but as you can

see price Consolidated a little bit

before it

dropped now once we got this drop down

here I then set another order at the

same entry so I effectively I was

doubling my position and when price ried

up here that was when I got triggered

into this again so I was in two

positions and at this point my first

position had that original 1.5 R Target

and my second I was aiming for just one

r just to bank some profits so my second

position was actually a little bit

higher up here at the 98 level which was

this trade here now as you can see this

hit the take profit at 82 which ended up

being the one R position so I managed to

get one position hit for that trade the

second trade after the first one hit I

did something different so at this point

in time my first position had hit the

one R targets here and then my second

trade I decided to then set a break even

stop which pretty much got hit straight

away now this was just a extreme

conservative approach to trading because

it had been such a slow troppy week it

was Wednesday and as you can see from

the overall flow of the market it's very

slow there's not much volume coming in

there's not much movement so I was just

really trying to bank and protect my

profits at this point I was up 1.5 r on

the week and I wanted to stay that way

which I do still believe I made the

right decision even though if I had let

the original trade play out as you can

see it may have just been in draw down

for a little bit of time it would have

eventually hit that original 1.5 R

Target and over the evening it would

have actually trended and moved nearly 3

R even though I would have been in draw

down for a short amount of time so it

was a valid trade plan and it could have

made a lot more money than I actually

did but as I said before I'm still glad

I left it and got out because it's

always better to protect Capital so that

was Wednesday's trade and my final trade

this week was taken on the Thursday so

that's down here now this was different

because the first two trades were short

positions the trade I took on the

Thursday was actually a long and that is

because of this really important piece

of price action that I read let's have a

look at that now so here we are in the 5

minute time frame looking at Thursday

morning and the all important bit of

price action that I was looking at was

in this area here now let's have a look

at structure first from the previous day

we had a low here price pulled back it

made a structural high and then it made

a new low pre- London session around

about 630 in the morning we had a strong

push up here we'd already broken the

previous daily low now that's really

important because that got broken before

London which means it's quite un likely

it's going to get broken again it showed

to me that this move was getting

exhausted and we were going to maybe

move to the

upside now we had some volume com in you

can see these bullish candles are quite

large and we pulled up here and we had a

little pull back and at 7:00 we had this

huge push up and the important bit of

information is both the size of these

candlesticks they are large and the fact

that it broke and close Above This

previous structural high in fact it went

up quite far and just before the 8:00

open we'd already had the strong push up

so the momentum was coming into the long

side and I knew I wanted to go long now

to calculate the best entry for a long I

used the Fibonacci retracement from the

low of the day and I set it at the high

here here now unfortunately I had an

order set at their Optimum trade entry

level here at 61 and price came very

very close but it missed my order so I

actually missed this opportunity here I

believe I had about a 15 pip

stop and I was aiming for a 1.5 R Target

um so if that had hit it would have made

a profit there so there was a m trade it

was a trade I had set in my broker just

didn't get filled um so that does happen

a lot with trading and you have to find

peace with that otherwise you could get

emotional and it could get pretty

expensive but that's why Forex is

brilliant because there are multiple

session times and although the London

didn't pull through Thor me in the New

York time we did have an opportunity and

that's where I got long again now it was

the same idea it was the same trade I

just extended the FIB right to the top

here cuz I felt like we would have a

deeper pullback but I I felt this area

would hold because it was above this key

daily level and also it coincided with

the the institutional price level so

there was a lot of Confluence here for

me to make this trade a strong trade and

I had an entry sitting here at 58 so

this is where I got in I had a 15 pip

stop below the lows and I took two

positions so the first Target was for 1

R and then the second was for two R so I

was aiming for two different profit

targets now the problem with this trade

that I experienced was I got into this

as price was pushing down here so I was

into this trade during this bit of

consolidation now at this point we

started to push up here it was 20 1 and

at half 1 there was news due out for the

dollar now I don't usually get into a

trade before news is released but in

this instance I wanted to get in while

it was in this area cuz I really believ

the tentacles however as price started

to push up I started to get cold feet

because once again I realized we were in

a slow Market condition and and I wanted

to protect my Capital I knew that news

was coming out and if the news was going

to be positive for the dollar which

meant the pound dollar could drop I

could be in a bad position so as price

was pushing up I actually got out of

both of my positions here at around

about this point here 71 which

collectively meant that the two

positions made about 1.5 R which is

around about $750 on the account so it

was still a nice wiim and I would have

have done that and managed my risk now

as you can see this big candle here this

pin bar was the news release and it was

good for the dollar so it did mean that

the pound dropped but the technicals how

it tapped this key level and it jumped

up so overall I could have stayed into

this trade and as you can see it

continued up and I could have made a lot

more money this is one of those

situations once again where I could have

made more money but I was happy I

prioritized risk I do believe it's

always very important to do that if you

are unsure now since then there was

actually another opportunity to go long

here and I missed that I don't really

know why I think I must have been busy

with the boys but it came back down to

this key daily level and it had another

nice big bullish engulfing candle at

this level so there would have been

another opportunity to get along here

with a stop below the lows and actually

went up really quite

far but it's always good to look at this

in hindsight it can be a lot easier and

more clear to see when you are not

trading in real time so as it stands

those are are the three trades that I

took this week Trad in a combination of

price action Market structure key daily

levels Fibonacci retracements and

institutional price levels which I will

talk about more in my video next week so

make sure you are subscribed to the

channel below so you don't miss that

video meanwhile if you've enjoyed this

please do let me know by hitting that

like button if you've got any questions

or comments leave them below I'll get

back to you as soon as I can and thank

you for watching the video see you next

time

bye