Master MARKET STRUCTURE Strategy Now to MAKE MILLIONS

The Trading Geek
20 Jul 202223:50

Summary

TLDRThe video script simplifies market structure for traders, explaining uptrends and downtrends with higher highs/lows and lower highs/lows. It emphasizes the importance of recognizing trend reversals and not assuming a change in market direction until confirmed by a new trend formation. The speaker shares personal trading goals and encourages setting ambitious targets, advocating for a mindset focused on trading psychology and risk management over complex strategies for sustainable success.

Takeaways

  • 📈 Understanding Market Structure: The script simplifies the concept of market structure, emphasizing that prices move in waves, creating higher highs and higher lows in an uptrend, and lower highs and lower lows in a downtrend.
  • 🔄 Recognizing Trend Reversal: It explains how to identify when a trend might be ending by looking for a break in the market structure, such as a price breaking through the previous higher low in an uptrend or lower high in a downtrend.
  • đŸ•Šïž Avoiding 'Fake Outs': The video warns about the possibility of a false trend reversal and advises waiting for confirmation, such as a new lower high in a downtrend or higher high in an uptrend, before making a trade.
  • 📊 Importance of Trend Lines: The use of trend lines is highlighted as a tool to visually connect higher lows in an uptrend or lower highs in a downtrend, providing a clear indication of the market direction.
  • 📉 Entry and Exit Strategy: The script details a strategy for entering and exiting trades based on market structure, including waiting for a break of the trend line and subsequent confirmation of a new trend before entering.
  • 🎯 Setting Trading Goals: The importance of having clear trading goals is emphasized, as they provide direction and motivation, helping traders to persevere through tough times.
  • 🚀 Aiming for Big Goals: The script encourages setting ambitious goals, referencing the '10x Rule' by Grant Cardone, which suggests that aiming high can lead to greater achievements.
  • 💡 Trading Psychology: It stresses the significance of trading psychology and risk management over specific strategies, asserting that these are the foundations for successful trading.
  • 🌐 Impact Through Sharing: The speaker expresses a personal goal of reaching a large audience to share the message of trading psychology and risk management, aiming to make a significant impact on the trading community.
  • 🔄 Persistence Over Time: The video script shares a personal story of persistence in trading despite initial failures, encouraging viewers to keep going even when facing setbacks.
  • đŸ‘« Community Support: The importance of community and support among traders is highlighted, with an invitation for viewers to share their trading goals and support each other in the comments section.

Q & A

  • What is the basic concept of market structure according to the video?

    -The basic concept of market structure in the video is that prices do not move in a straight line, but rather in waves. In an uptrend, prices make higher highs and higher lows, while in a downtrend, they make lower highs and lower lows.

  • How does the video simplify the explanation of market structure for easier understanding?

    -The video simplifies the explanation of market structure by using a visual analogy of waves and by drawing a chart to illustrate the concept of higher highs and higher lows in an uptrend, and lower highs and lower lows in a downtrend.

  • What is a 'break off structure' in the context of market structure?

    -A 'break off structure' refers to a point in the market where the price breaks through the previous trend pattern, indicating a potential reversal. It helps determine when a trend might be ending.

  • How can a trader identify a potential trend reversal in an uptrend?

    -A trader can identify a potential trend reversal in an uptrend by looking for a break below the last higher low. However, confirmation is needed, such as the formation of a lower high and lower low, to ensure the trend has indeed reversed.

  • What is the importance of not assuming a trend reversal immediately after a price breaks a lower high?

    -It is important not to assume a trend reversal immediately after a price breaks a lower high because the market can often 'fake out' and continue in the original direction. Waiting for a clear downtrend structure, such as a lower high and lower low, provides more reliable confirmation.

  • What is the significance of drawing a trend line in identifying market structure?

    -Drawing a trend line helps in visually connecting the higher lows in an uptrend or the lower highs in a downtrend. It provides a clear visual aid to identify when the price breaks the trend, which is a key signal in market structure analysis.

  • How does the video use the AUD/USD chart as an example to explain market structure?

    -The video uses the AUD/USD chart as an example to demonstrate how market structure can be identified in real trading scenarios. It shows how prices respect market structure, forming clear uptrends and downtrends, and how traders can use this understanding to make informed decisions.

  • What is the role of 'confluence' in confirming a trade entry according to the video?

    -Confluence refers to multiple indicators or signals aligning to support a trade decision. In the video, it is used to confirm a trade entry by looking for multiple signs such as a price retesting a previous higher low, forming a lower high, and other indicators like moving average crossovers.

  • Why is it important to have trading goals and what role do they play in a trader's journey?

    -Having trading goals is important as they provide a clear direction and motivation for traders. They help traders stay focused and motivated, especially during challenging times, and can be a source of inspiration and determination to continue improving and achieving success in trading.

  • What advice does the video give about setting trading goals?

    -The video advises traders to set big goals, using the '10x rule' as a guideline. It emphasizes the importance of aiming high and not limiting oneself to small or easily achievable goals. This approach is meant to inspire greater motivation and commitment to achieving success in trading.

Outlines

00:00

📈 Understanding Market Structure Basics

The speaker simplifies the concept of market structure, explaining how prices move in waves, forming higher highs and higher lows during an uptrend, and lower highs and lower lows in a downtrend. They emphasize the importance of recognizing these patterns to identify trend reversals, using a visual chart to aid understanding. The concept of 'break off structure' is introduced as a tool to determine when a trend might be ending, highlighting the significance of price action in confirming a trend reversal rather than assuming it upon the first sign of a break in the higher or lower lows/highs.

05:01

📉 Market Structure and Trade Entry Strategy

This paragraph delves into applying market structure to trade entry, using AUD/USD as an example of a smooth market that respects price action. The speaker instructs on drawing trend lines to identify uptrends and the importance of waiting for confirmation of a trend break before entering a trade. They discuss the significance of patience in trading, waiting for a lower high to form in a downtrend or a higher low in an uptrend, and the use of confluence such as moving average crossovers and candlestick patterns like the evening star to confirm trade entries.

10:03

🎯 Setting and Pursuing Trading Goals

The speaker transitions to discussing the importance of setting trading goals, sharing personal experiences and emphasizing the psychological impact of having clear objectives. They stress the significance of writing down goals and having a fixed destination in mind to maintain motivation, especially during losing streaks. The paragraph also touches on the common reasons people trade, such as financial freedom and the ability to provide for one's family, and encourages viewers to set ambitious goals to drive their trading journey.

15:04

🚀 The Power of Ambitious Trading Goals

Continuing the theme of goal setting, the speaker advises against setting small goals, arguing that they can limit one's potential and motivation. They introduce the concept of 'big energy' and 'small dick energy,' using humor to illustrate the point that setting big goals can energize and motivate traders. The speaker references Grant Cardone's '10X Rule' as a strategy for achieving significant success and encourages viewers to set goals that may seem daunting but are necessary for personal and financial growth.

20:05

🌟 The Importance of Trading Psychology and Risk Management

In the final paragraph, the speaker shares their personal trading philosophy, focusing on the importance of trading psychology and risk management over specific strategies. They express a desire to spread this message to help traders, aiming for a large subscriber count to amplify their impact. The speaker also addresses the challenges of maintaining motivation in trading and content creation, sharing their vulnerability and urging viewers to persevere and believe in their trading journey, offering support and encouragement.

Mindmap

Keywords

💡Market Structure

Market Structure refers to the organization of a market based on the number and types of buyers and sellers, product differentiation, and the degree of competition. In the video, it is simplified to describe the patterns of price movements, such as uptrends characterized by higher highs and higher lows, and downtrends with lower highs and lower lows. The concept is fundamental to understanding how markets behave and is used to analyze and predict price trends.

💡Uptrend

An uptrend is a term used in financial markets to describe a period during which prices are generally rising. In the video, the speaker illustrates an uptrend with a series of higher highs and higher lows, indicating a bullish market sentiment. The concept is essential for traders looking to capitalize on market momentum.

💡Downtrend

A downtrend is the opposite of an uptrend, indicating a period of falling prices in a market. The script describes a downtrend by the formation of lower highs and lower lows, which is indicative of a bearish market sentiment. Recognizing a downtrend is crucial for traders to make informed decisions to avoid losses or to short sell.

💡Breakout

A breakout in trading occurs when the price of a security or index moves outside of a defined support or resistance level. The video script discusses breakouts in the context of a trend reversal, where a price breaks through a previous higher low in an uptrend, signaling a potential trend change to a downtrend.

💡Support and Resistance

Support and resistance are levels on a price chart where the price tends to stop and reverse. In the video, support is demonstrated as a previous higher low that the price may struggle to fall below, while resistance is a previous lower high that the price may struggle to rise above. These levels are important for traders to identify potential trend reversals and entry or exit points.

💡Consolidation

Consolidation in the context of the financial markets is a period of price movement where the price of a security or index remains within a certain range and is not trending in any particular direction. The script mentions consolidation as a phase where the market shows small candlesticks, indicating a loss of momentum in the current trend, which may precede a trend reversal.

💡Candlesticks

Candlesticks are a method used in a price chart to represent the high, low, opening, and closing prices of a security for a specific time period. The video script uses the term 'small candlesticks' to describe a period of low volatility and uncertainty in the market, often a sign of consolidation or indecision before a potential trend change.

💡Trendline

A trendline is a straight line drawn on a price chart to identify the direction of a trend by connecting the lows in an uptrend or the highs in a downtrend. In the video, the speaker instructs viewers to draw a trendline to visually confirm an uptrend and to identify when the price breaks the trendline, which may signal a trend reversal.

💡Entry and Exit

In trading, entry refers to the initiation of a position, while exit refers to closing a position. The script emphasizes the importance of understanding market structure before entering a trade and waiting for confirmation of a trend reversal before exiting. The speaker provides examples of how to identify entry points in both uptrends and downtrends.

💡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 video script touches on the importance of not chasing trades and setting stop-loss orders to manage risk, emphasizing that trading is not just about strategy but also about managing potential losses.

💡Trading Goals

Trading goals are the objectives that a trader sets to achieve in their trading career, which can include financial targets, lifestyle changes, or personal development. The script discusses the importance of setting clear and ambitious trading goals to provide motivation and direction, with examples such as financial freedom, time freedom, and location freedom.

Highlights

Simplification of market structure concept for easy understanding

Illustration of price movement in waves during uptrends and downtrends

Explanation of 'higher highs and higher lows' in uptrends

Description of 'lower highs and lower lows' in downtrends

Importance of recognizing trend reversals using market structure

Identification of trend weakness through small candlestick patterns

The concept of 'breakout structure' for determining trend reversals

Differentiation between a genuine trend reversal and a 'fake out'

Confirmation of a downtrend through the formation of 'lower high and lower low'

The significance of patience in trading and waiting for the right entry signals

Use of trend lines to visually confirm market trends

Entry strategy after price breaks the trend line and consolidates

Risk management advice against chasing trades and setting stop-losses

Importance of trading psychology and having clear goals

The role of trading goals in maintaining motivation during losing streaks

Encouragement to set ambitious trading goals using the '10x rule'

Personal trading goal sharing and the impact of community support

Emphasis on the importance of perseverance in trading and life

Call to action for viewers to share their trading goals for mutual encouragement

Transcripts

play00:00

so i see a lot of youtubers complicating

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the concept of market structure when in

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reality it's really not that hard it's

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really quite simple so right now i'm

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just really gonna like simplify the

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entire concept of market structure to a

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level where like a five-year-old can

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understand so if a five-year-old can

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understand you can understand all right

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so right now i'm just gonna like show

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you guys like a blank chart so i can

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draw it out for you guys to see because

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like if i draw it out it will be so much

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more easy for you to understand so the

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first thing you must understand about

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market structure is that when price is

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going up it just does not go straight up

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right it goes up in waves like it moves

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in waves you know what i'm saying so it

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will go up create your higher high

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higher low higher high higher low higher

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high higher low and higher higher low

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just like this so the reason why it's

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got higher high and higher low is

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because this high is higher than the

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previous high this high higher than the

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previous high and this low is higher

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than the previous low and this low is

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higher than the previous low so in the

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uptrend price is making your higher

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highs and higher lows so in the

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downtrend price will be making the

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opposite right price earned would just

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go down in a straight line you'll make

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lower highs lower lows lower highs lower

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lows like this low high low high low low

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low low all right so now that you get

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the concept of market structure the next

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thing you must understand is break off

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structure all right break off structure

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will help you determine when price is

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reversing okay so

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how do we know a trend is ending

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we look at a structure we look if price

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broke at the structure so in uptrend

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price would look something that is right

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higher highs higher lows

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high highs halos but at some point of

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time

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price will start losing steam this

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uptrend won't just go up forever price

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will start losing steam and just like

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starts weakening a little bit you know

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consolidating and just like showing you

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small candlesticks that basically just

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shows you that price is losing strength

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this entire uptrend is losing strength

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and the buyers are losing control of the

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market so at some point of time price

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will come down

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break through the previous

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higher low

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previous hello where's the previous high

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low right here this was the previous

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high low right this was the last higher

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low so at some point of time price will

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break this last high low let me just

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change the color right here for you guys

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to see so right here this is when price

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breakthrough the last higher low

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but right here this does not means that

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price is in a downtrend this does not

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mean that price is gonna reverse and hit

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back down yet because this can easily be

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a fake out and price can just

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peel back in like this like like just

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put his butt back in and then just

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continue going up like this right so we

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do not want that to happen to us so in

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this case to get a confirmation that

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show you that price is in a downtrend

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and price is like reverse already right

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we need to wait for price to create your

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downtrend market structure so a

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downtrend market structure looks like

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lower high and lower low right so

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we wait for price to form a lower high

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first so when price goes up to retest

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this level here or you can even go up

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all the way up here

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before pumping down this is your new

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lower high so if price is giving us a

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lower high and lower low

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this means that price is in a downtrend

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so you'll see like price creating more

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low high and lower low line just like go

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down like this so

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this

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is the entire concept of market

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structure it's really just as simple as

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that so i really don't get how a lot of

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youtubers can like really complicate the

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concept of market structure when it's

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really really just as simple as that all

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right but you know how in reality like

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on the charts it just does not looks as

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simple as this you know like there's

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gonna be emotions involved and sometimes

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like the market can consolidate for a

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while and you don't know what's the

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trend

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so i just really hope that like this

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market structure thing will help you

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guys like gain a better understanding of

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how the market move because you guys

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must understand that the market don't

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just move randomly it moves in structure

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so in the uptrend is making your high

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highs and higher lows in the downtrend

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price is making your lower highs and low

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lows right it won't be like oh high high

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and low low high high low low

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complicated [ __ ] like that right so just

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remove this

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mess yes chart okay so now let's apply

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whatever we just learned so i really

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really think that market structure is

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one of the most important things that

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you have to understand about trading so

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i really really need you guys to give me

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your undivided attention all right

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really just keep all the distractions

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away and just focus on what i'm about to

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say because what i'm about to say might

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change your life so market structure

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let's apply it onto the charts so a very

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good example is just let's just look at

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aod usd all right aud usd is the most

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smoothest man on planet you know most

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smoothest man on planet and it's just so

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smooth because like price respect price

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action a lot which is what i've been

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preaching

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for

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years so yeah price just respect price

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action a lot and especially in respect

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market structure a lot like if you look

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everywhere you can see market structure

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because price is always either trending

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up or down right and then consolidation

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a little bit like right here or

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something yeah but whenever price ran up

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or down there's always market structure

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being formed right always so right now

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we got a beautiful uptrend if you can't

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see this is the uptrend you are blind so

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all you need to do is to take the

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goddamn trend line too boys take the

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goddamn trend line too and drag it all

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the way connect all the higher lows like

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this all right so yeah if you really

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cannot see that this is uptrend if it's

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not obvious enough for your brain

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take a trend line to goddamn it take

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trend nine two bro so once you put the

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trendline too so the first sign that

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show us that price is gonna break

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structure is when price breakthrough the

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trend line all right if you cannot see

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market structure plot the trend line two

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and wait for price to break through the

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trend line so right here this is when

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price break through the trend line so

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you can start to see like okay this

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uptrend is kind of losing steam and the

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buyers are kind of going away right

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remember like the chart i just draw for

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you so price goes like uptrend and then

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it starts like consolidating and then

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like go down to break the previous uh

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higher low and then like continue going

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down like this right this is what is

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happening right now guys let me look

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like you can see price uptrend and what

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does it do

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consolidate right consolidate like what

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i just drawn out for you guys

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and then price

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go down break the previous lower high i

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mean higher low right here and just

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continue going down

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right this is why i really just believe

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in market structure so let me just zoom

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in to show you guys so there's a lot of

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chances where you can enter for this

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beautiful trade right so but before i

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get into the entry entry i'm gonna show

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you like maybe second half of this video

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so if you're really interested on where

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to enter for a buy where to enter for

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sell where to enter for the trade

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please be patient and wait till i finish

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explaining market structure because you

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must understand really really understand

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market structure before you dive into

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the entry if you don't understand market

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structure it's like jumping from level

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one to level 10

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it's just you're gonna get cute all

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right you're gonna get killed and lose a

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lot of money so once you draw this

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beautiful trend line and you can see

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where is the last higher low before

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price starts consolidating and breaking

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structure

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right here

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right here

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right here so this can be the last

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higher low another last higher low could

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be right here if you guys want to right

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ultimately it depends on your

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interpretation but i just like to put it

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at like the recent higher low this one

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is the most recent higher low before

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price starts consolidating another

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higher low could be right here there's

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like a little small little higher low

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right here right you can put it right

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there also but for the sake of this

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example keep things simple i'm just

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gonna put it right here yo my camera

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literally died on me i was like usually

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recording halfway and i got cut so now i

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don't know where i stopped so you can

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see right here this is when price break

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through the previous higher low right so

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we do not enter yet because remember

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price can still continue pumping up like

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this and just head back up so we do not

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want to enter yet we want to wait for

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price to create your lower high and

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re-test this entire higher low to now

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form as like a resistance area and just

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head back down like this then we enter

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for the trade all right let me show you

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what i mean so now we still wait still

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be patient still wait for an opportunity

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to jump on so just wait

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okay you see it's still going down and

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we are not going to enter yet if you

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enter right here guys remember if you

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enter right here your stop-loss must be

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all the way up here

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this because this is the last lower

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height your stop-loss is all the way up

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here and it's just not worth it that's

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why i always tell you guys to be patient

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never ever chase trades all right let

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the trade come to you never chase girls

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all right if you want to chase girl the

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girl is going to run away man so if you

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chase anything in life it's just gonna

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run away from you so never ever chase

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traits wait for the traits to come to

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you right just like if you see a pretty

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girl you gotta wait for pretty good to

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come to you you know what i'm saying so

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you wait for the trade to come to you so

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right here we still do not want to enter

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yet what is all these oh my god so right

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here we do not want to enter yet all

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right so we wait we wait

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okay price is starting to like come up

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all right wait wait wait wait wait all

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right all right we see you we see you i

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see you so we see like price is like

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re-testing this level right here right

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you can see it probably start really

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testing so right now we are on the daily

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time frame so i can go down to one hour

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time frame to look for the entry so one

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hour time frame and you can see okay

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price went up to re-test this level here

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okay so we still wait i won't wait for

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like some sort of confirmation

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i still want to wait for some okay you

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can see that right here like price

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forming like doji's and stuff so maybe

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like price is like reversing so we still

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wait wait wait wait wait wait wait wait

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wait wait wait wait wait wait

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i need some more confirmation like this

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is just not enough for me to enter guys

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this is like still consolidating and

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stuff so just wait

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yo come on man why is so slow why is so

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slow man that's it now like you see end

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up being going higher so if you enter

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like somewhere around here guess what

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you have gone stop out or something so

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it went up to retest this previous high

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low you can see like if you zoom out

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this is really the previous higher low

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guys so it's consolidating around here

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so this is like the first time that tell

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us that right now price is losing steam

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this uptrend is losing steam and it's

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not able to break past this if it's able

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to break past this then it's gonna

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continue going up but no price is giving

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us small little candlesticks doji's at

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this major level this shows us that okay

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price is really really about a hit down

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like no joke guys okay you can see like

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prices start like rejecting this level

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here okay you can see price start

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rejecting this level here okay right

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here this is when price like officially

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like reject this level and gave us like

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a what is this slice what is this this

play10:41

is the evening style this is the evening

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star candlestick button so now we've got

play10:45

the evening star candlestick pattern

play10:47

right here that's one confluence second

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confluence will be like your this later

play10:51

level here which is the previous halo

play10:53

and it now forms as a resistance area so

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this is your new lower height so this

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second confluence that confluence would

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be the moving average crossover so you

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can see like the moving area is starting

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to cross over and then tree confluence

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that's all the confluence you need just

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a three confluence and i can enter for

play11:10

the trade all right i think that's more

play11:11

confluence right here but to keep this

play11:12

video as simple as possible i'm just

play11:14

gonna enter or sell right here because

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we already have three confluence so

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where should your take profit be

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remember guys your take profit should be

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at the next support level right here

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that's a little support area being from

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right here right i can draw like a

play11:28

little level right here so let's see how

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this beautiful trade go up play out you

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can see like price go down okay okay

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reject okay now price officially create

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our new lower height so now we know that

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price is actually in a downtrend right

play11:41

now

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absolutely crazy boys like we have

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smashed i'll take profit right here you

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can see

play11:48

price range all the way up down here

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smash our take profit really really as

play11:51

simple as that guys that is how you can

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trade market structure

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really really as simple as that like i

play11:58

just want to like complicate things for

play12:00

you on this channel because in reality a

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lot of youtubers complicate things and

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it's just not that hard boys it's just

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not that hard so now i've shown you guys

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like an uptrend so in the downtrend it's

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kind of like the opposite so price is

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making your lower highs lower low low

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lower highs lower lows lower highs right

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and then price at some part of time this

play12:19

downtrend will start losing steam

play12:20

consolidating do his thing you know do

play12:22

his thing show us that the sellers are

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losing control of the market and then

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some buyers will start to come in and

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push the price up and break through the

play12:30

previous

play12:31

lower high so the previous low high is

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right here previous lower high right

play12:35

here so now price has broken through the

play12:37

previous lower high but you do not enter

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yet right like i told you guys questions

play12:42

still this can still be a figure and

play12:43

just went back in and just continue

play12:44

going down so you do know how to enter

play12:46

yet you want to wait for

play12:48

price to

play12:50

break through

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this lower high all right break through

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this lower high that's one sign second

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step is to wait for price to come back

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down to re-test this lower height

play13:00

and then forms like a higher low like

play13:01

this right high low like this then this

play13:04

show us that okay right now price is in

play13:06

the uptrend this downtrend has reversed

play13:08

and it's an uptrend then price continue

play13:10

going up so this is when we can enter

play13:12

for a buy position so you always want to

play13:15

be patient to wait for price to break

play13:18

structure before

play13:20

you assume that price is reversing like

play13:23

what i mean by that is that you never

play13:24

want to assume that price is reversing

play13:27

when price broke through this lower high

play13:29

immediately like this price broke

play13:31

through this low height immediately do

play13:32

not just assume that price is going up

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already you have to wait for price to

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create your higher high and higher low

play13:38

welcome to the unfiltered trading

play13:40

section so today i want to talk about

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trading goals right if you do not have a

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trading goal in your mind you will fail

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because you won't know like what you're

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aiming for and if you don't have a

play13:51

destination in mind you're just going to

play13:53

be like running around going nowhere so

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i really want to make sure that you guys

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set the correct trading goals right

play14:00

trading goals is so

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important right honestly i'm just going

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to be honest with you guys like the

play14:06

biggest goal when i started trading was

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to get financial freedom

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time freedom and location freedom so

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what i meant is that i wanted to be able

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to like travel the world

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and

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i want to be able to work whenever i

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want so which is what i'm doing right

play14:21

now i'm just working whenever i want and

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i'm also wanting to

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like basically get financial freedom so

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that i can

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buy stuff without

play14:31

having to worry about the price tag

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which is something that i'm really

play14:34

really

play14:35

proud of right now like right now last

play14:37

time i go to a restaurant i'll be like

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what this is 12 meal no i can't do that

play14:41

man 12 is way too much i'm only only one

play14:44

thousand dollars per per month oh shut

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up shut up bro like shut up bro like

play14:49

it's not about how much you are saving

play14:51

man it's about how much you are making

play14:53

so now i should just walk into any fancy

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restaurant and just

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all right this is just twenty dollars

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fifty dollars

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it's all right i'm just gonna order

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whatever i want and without looking at

play15:04

the price tag right so find out what

play15:07

your trading goals is and really just

play15:09

write them down somewhere and maybe

play15:11

writing up in your trading plan right so

play15:13

you can refer to them every single day

play15:15

it just really gives you that extra push

play15:17

when you don't feel like it there's a

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lot of days where you're gonna not gonna

play15:20

feel like it like maybe you got a losing

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streak which is very common by the way

play15:24

you got a losing streak and you're like

play15:26

ah man i'm a bad trader i'm a bad trader

play15:29

man i should quit trading and then you

play15:31

look at your trading goals and you're

play15:32

like oh [ __ ] man i got a long way to go

play15:34

man i'm trying to provide for my family

play15:36

yo so

play15:37

i can't give up right now your trading

play15:39

goals just help to give you that extra

play15:42

push

play15:43

to continue going to the next level

play15:45

right just helps you to give that extra

play15:48

push so

play15:49

i would say like really really make sure

play15:52

you write down your trading goals i will

play15:54

rather you write down on paper because

play15:56

when you write down paper it's much more

play15:58

significant much more like sentimental

play16:00

right so

play16:02

that's one thing about trading goals

play16:03

just make sure you come up with your own

play16:05

trading goals it can be financial

play16:06

freedom or quit your job or travel the

play16:09

world or provide for your family all of

play16:11

these are like some very common reasons

play16:13

that my students

play16:15

wanted to learn trading is because of

play16:17

all these reasons right so i believe

play16:18

that it's like the same reason as you

play16:20

guys financial freedom all those stuff

play16:22

right just write them down and just have

play16:24

a fixed destination in your mind so

play16:26

that's one thing about trade setting

play16:28

goals so the next thing i want to say is

play16:30

that like

play16:32

do not set small dick ghosts

play16:35

the thermostatic ghost came from like

play16:38

the somatic energy you know how there's

play16:39

the big big energy and there's a smallic

play16:41

energy right when you have a big deep

play16:42

energy you're like a big you're like a

play16:44

big man you know like yeah like

play16:45

yeah basically you just know what's big

play16:47

the energy so small the ghosts are those

play16:49

goals where you're like oh maybe i

play16:51

should just like make 100 per month from

play16:54

trading

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oh shut up bro like why are you doing

play16:58

this why are you limiting yourself so

play17:00

time is gonna pass anyways

play17:02

time is gonna pass anyways what i mean

play17:04

by that is that

play17:05

let's say you set a goal to make 10k per

play17:08

month

play17:09

combat to make setting a goal to make

play17:11

100 per month from trading

play17:14

you're gonna learn trading anyways time

play17:16

is gonna pass by anyways

play17:18

but if you have

play17:19

a goal to make 10k

play17:21

per month compared to a goal making 100

play17:24

per month you're gonna wake up feeling

play17:27

like you're gonna conquer the world

play17:29

and you're just gonna like just feel

play17:31

much more energy feel much more like

play17:35

motivated to go achieve your goal

play17:36

because if you wake up and think that

play17:38

hmm i'm gonna make 100 this month and

play17:41

100 this one that's way too less man i

play17:44

should just stay in bed compared to like

play17:46

[ __ ] i have to make ten thousand dollars

play17:48

this month

play17:49

then you are gonna give you like

play17:51

i'm gonna wake up at 5 00 a.m and when

play17:53

alarm set off i'm just going to wake up

play17:55

and do my tank analyze my charts or

play17:57

whatever

play17:58

because i have a goal to make ten

play17:59

thousand dollars this month not one

play18:02

hundred dollars this month like all

play18:03

these small like [ __ ]

play18:05

so

play18:06

really really make sure you set big

play18:08

goals right so grand car don't always

play18:10

say that like in the book uh the 10x

play18:13

what's it what's got the 10x rule 10x

play18:15

rule right the 10x rule so there's this

play18:17

book written by grant cardone called the

play18:19

10x rule so it basically says that

play18:22

you should always set 10x goals

play18:25

10 x goals all right so if you set the

play18:28

next goals

play18:29

you are gonna achieve it

play18:32

if you put in the work

play18:34

right you basically say that you know

play18:36

all your friends are probably gonna be

play18:37

like oh that goat is way too big man why

play18:40

are you trying to be a millionaire like

play18:42

just just just be

play18:43

mediocre just be comfortable with where

play18:45

you are right now bro that is so much

play18:47

[ __ ] man that is [ __ ] man

play18:50

whoever listened to your friend you are

play18:51

an idiot you aren't either if you listen

play18:53

to a friend

play18:54

your friend is probably broke that's why

play18:56

he's saying that right

play18:57

so listen to me all right listen to me

play18:59

listen listen to me instead of a friend

play19:00

all right trust me i'm here to really

play19:02

like help you to live a comfortable life

play19:05

live a good life live the life i am

play19:08

living right now i'm here to help you my

play19:10

boys

play19:11

i'm here to lead you my boys

play19:14

so

play19:15

yeah set 10x goals don't let your

play19:16

friends

play19:17

uh

play19:18

dub you just because they have smallic

play19:20

doesn't mean you could have a small dick

play19:21

right like

play19:22

gotta have the big big energy and i'm

play19:24

saying set big goals like for me a very

play19:26

big dick goal that i said like is to

play19:29

reach that hundred thousand subscribers

play19:31

on youtube and i understand like it's

play19:33

like you're thinking yo why are you

play19:35

doing this that is way too big you only

play19:36

have like 2 000 subscribers right now

play19:38

and

play19:39

my

play19:40

my set is like

play19:42

the message that i'm spreading on this

play19:44

channel right now

play19:46

all the psychology tips all the risk

play19:48

management tips all like the strategies

play19:50

that i'm showing you right now they are

play19:52

very important message that i think more

play19:54

people need to hear about more traders

play19:57

need to focus about psychology and risk

play19:59

management and that is my goal on this

play20:02

channel to share with you the unfiltered

play20:04

truth about trading it's not about

play20:07

strategy it's about trading psychology

play20:09

and risk management so that's the

play20:11

message that i really really want to

play20:12

spread to much more people that's why i

play20:15

really aim to reach 100k subscribers

play20:17

because if i can reach that level i will

play20:18

be able to impact so much more traders

play20:21

and help them in a way that no other

play20:24

youtubers can because a lot of youtubers

play20:25

are like oh 99 win rate strategy

play20:29

yeah i just really want to like

play20:31

be

play20:32

more fulfilled because

play20:34

i really i'm feeling really fulfilled

play20:36

right now guys like really i have never

play20:38

felt so fulfilled

play20:40

in my life

play20:41

so far i know this like me me me trying

play20:44

to be like vulnerable and stuff like but

play20:46

that's just true like i've never feel so

play20:49

fulfilled in my life so far especially

play20:52

after i seen the comments in the

play20:53

previous unfiltered episodes i don't

play20:56

know who is like still watching this

play20:57

video but

play20:58

if you commented on the last video like

play21:01

i saw like there was a lot of comments

play21:02

in the last after trading episode right

play21:04

so

play21:05

i'm just really grateful for you

play21:08

like

play21:09

any comment that you leave on my videos

play21:11

it just really helped me to

play21:14

be motivated to push much more content

play21:16

because trust me there is a lot of times

play21:18

where i feel like giving up

play21:20

like i just feel like my channel is not

play21:22

growing like other youtubers or 10k 50k

play21:25

subscribers my channel is just not

play21:27

growing that fast even though i really

play21:29

believe that the message i'm spreading

play21:30

here is really important so

play21:35

so yeah like i really just like

play21:37

so yeah like

play21:38

like basically like you're gonna feel

play21:40

like this a lot of times when you're

play21:41

trading you're gonna feel like giving up

play21:43

but i'm gonna tell you that i believe in

play21:45

you my bro i believe in you my sister

play21:48

i believe in you

play21:51

i don't care if your family don't

play21:52

believe in you i don't care if your

play21:53

friends don't believe in you i believe

play21:55

in you

play21:56

you are gonna make it if you keep going

play21:59

trust me if you keep going there's gonna

play22:01

be

play22:02

at least a one percent chance of making

play22:04

it like if you stop and quit right now

play22:05

you're not gonna make it hundred percent

play22:07

there's a zero chance if you're gonna

play22:09

make it but if you keep going there's at

play22:11

least one percent chance right

play22:14

and trust me you're not doing anybody

play22:16

service if you're quit right now

play22:18

your family will be so much more

play22:21

well-fed your family will be so much

play22:23

better if you keep going

play22:26

i know that because that is where i came

play22:28

from i was dead broke right i was dead

play22:30

broke and i keep going with trading even

play22:32

though i blow multiple accounts i lose a

play22:34

lot of money i kept going so i really

play22:36

want you to do the same not just for you

play22:38

but for your family and for me

play22:41

like i want to be able to like really

play22:43

tell people that yo you know like people

play22:45

watching my videos they really became

play22:46

profitable they really became like good

play22:49

traders and that is

play22:52

i'll be very proud i'll just be very

play22:54

proud and i know it's kind of selfish

play22:55

for me to like think oh

play22:58

but really i really just want

play23:00

the best for you

play23:01

so yeah this video has been packed with

play23:04

information so really if this video is

play23:06

helpful make sure you like this video by

play23:08

liking my videos it helped my videos to

play23:10

like push out to the algorithm and more

play23:13

traders will be able to see this video

play23:15

and like my videos basically and

play23:17

they'll be able to like finally grab

play23:20

my message like it's not about strategy

play23:22

it's about psychology and risk

play23:24

management all right boys i really want

play23:26

you to like comment down your trading

play23:27

goals so that you can like give each

play23:29

other support like just tell each other

play23:31

yo keep going man like we are all gonna

play23:32

make it someday just comment down below

play23:34

your trading goals i would like your

play23:36

comment i'll reply to your comment i'll

play23:38

give you some motivation and

play23:39

encouragement so yeah you can hit the

play23:40

subscribe button if you want welcome to

play23:43

the tribe and remember you're just one

play23:46

trade away

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