Confluence Forex Trading Strategy | ***MUST WATCH***
Summary
TLDREn este video, Quinn discute su enfoque de trading basado en el 'Confluence Trading', que implica operar con múltiples confirmaciones en el mercado. Explica la importancia de la paciencia y el análisis técnico para identificar patrones y movimientos, y cómo aplicarlos en diferentes tiempos de marco para obtener una clara comprensión del mercado. Quinn comparte su experiencia reciente en el trading, destacando el uso de niveles de Fibonacci para proyecciones y cómo identificar y aprovechar las oportunidades de trading en el mercado de divisas.
Takeaways
- 😀 El video de Quinn, Black se centra en el 'Confluence 2.5', una técnica de trading basada en múltiples confirmaciones en el mercado.
- 📈 Quinn enfatiza la importancia de la paciencia y la anticipación en el trading, y cómo estas habilidades son clave para capturar movimientos del mercado.
- 📚 Quinn comparte su experiencia de aprendizaje constante y cómo aplicar nuevos conocimientos a su análisis técnico ha mejorado su trading.
- 🤔 El video destaca la importancia de no sobrepensar las decisiones de trading y de fluir con el mercado en lugar de ir en contra de él.
- 📉 Quinn explica cómo identificar los niveles de soporte y resistencia en diferentes marcos de tiempo, y cómo estos son fundamentales para entender el mercado.
- 🔢 Se discute el uso de los niveles de expansión de Fibonacci para proyectar y tomar decisiones de trading, lo que ayudó a Quinn a capturar movimientos significativos.
- 📊 Quinn muestra cómo una estructura clara en los gráficos, basada en el análisis de tendencias y soportes/resistencias, ayuda a evitar ser engañado por movimientos del mercado.
- 📈 Se resalta la importancia de entender la estructura del mercado y cómo identificar tendencias y patrones válidos en función de la dirección actual del mercado.
- 📝 Quinn menciona la importancia de tomar notas y documentar el aprendizaje y la estrategia de trading para un rendimiento más sólido en el futuro.
- 🔑 Se menciona que los patrones de trading como 'bullet' y 'golden' son claves para encontrar entradas en un mercado en tendencia alcista, mientras que los patrones 'bearish engulfing' son importantes en un mercado en tendencia bajista.
- 🏆 Quinn promueve la unión a 'Wall Street Academy', una comunidad de trading donde él comparte material y mentoría, y cómo esto puede ser beneficioso para los traders.
Q & A
¿Qué es el trading de confluence según Quinn y cómo se relaciona con su estilo de trading?
-El trading de confluence es un estilo de trading basado en múltiples confirmaciones dentro del mercado, es decir, cuando varias señales alineadas indican una dirección clara del mercado. Esto es central en el estilo de trading de Quinn, quien enfatiza la importancia de la confirmación de señales antes de entrar en una posición.
¿Por qué tarda Quinn tiempo en hacer videos sobre trading?
-Quinn menciona que tarda tiempo en hacer videos porque primero debe adquirir y aplicar conocimientos adicionales antes de compartirlos. Esto implica que el proceso de aprendizaje y la mejora constante de su análisis técnico son fundamentales para su contenido de trading.
¿Qué significa para Quinn mantener un gráfico limpio y cómo afecta su análisis técnico?
-Mantener un gráfico limpio para Quinn significa no saturarlo de indicadores innecesarios, lo que le permite enfocarse en los fundamentos del mercado y en el análisis técnico sin distracciones. Esto ayuda a evitar la confusión y a leer el mercado de manera más clara.
¿Cómo describe Quinn la importancia de la paciencia en el trading y cómo se relaciona con manejar movimientos del mercado?
-Quinn subraya que la paciencia es crucial en el trading, ya que permite a los traders esperar y aprovechar los movimientos del mercado sin tener que estar siempre en la operación. La paciencia ayuda a no ser impulsivo y a tomar decisiones más calculadas.
¿Qué estrategia de trading utilizó Quinn en su operación con el par USD/JPY y cómo le ayudó a capturar pips?
-Quinn utilizó una combinación de análisis de soporte y resistencia, niveles clave basados en tiempos de marco más largos y proyecciones con niveles de expansión de Fibonacci para capturar más de 300 pips en el par USD/JPY. Esta estrategia se basó en su conocimiento recién adquirido y su aplicación práctica en el gráfico.
¿Qué son los niveles de expansión de Fibonacci y cómo se utilizan en el trading según Quinn?
-Los niveles de expansión de Fibonacci son una herramienta que ayuda a los traders a proyectar posibles puntos de reversión de precios. Se utilizan para determinar objetivos de salida en el mercado y son una extensión de los niveles de retrace de Fibonacci, formando una secuencia de niveles que pueden indicar donde el mercado podría encontrar soporte o resistencia adicional.
¿Cómo identifica Quinn los niveles de soporte y resistencia y por qué es importante mantenerlos cerca de 10,000 pips?
-Quinn identifica los niveles de soporte y resistencia analizando picos y valleys en el gráfico, y asegurándose de que estén dentro de un rango de menos de 10,000 pips (o 1,000 pips) para que sigan siendo relevantes y no se pierdan en la incertidumbre del mercado. Esto ayuda a mantener la precisión en sus análisis y predicciones.
¿Qué es la estructura de mercado y por qué es fundamental para Quinn en su análisis técnico?
-La estructura de mercado se refiere a la forma en que se organizan los precios en el gráfico, mostrando una secuencia de tendencias y countertrendencias. Quinn encuentra fundamental comprender y analizar la estructura del mercado para anticipar los movimientos y no ser engañado por falsas señales o 'fakeouts'.
¿Cómo describe Quinn la diferencia entre los patrones válidos e inválidos en un mercado en tendencia y por qué es importante?
-Quinn explica que los patrones válidos son aquellos que se alinean con la dirección principal de la tendencia del mercado, mientras que los inválidos son aquellos que se presentan en contra de la tendencia. Es importante distinguir entre ellos para no tomar decisiones de trading que vayan en contra del flujo principal del mercado.
¿Qué papel juegan las señales de rechazo de precios en el análisis de Quinn y cómo utiliza esta información?
-Las señales de rechazo de precios son momentos en los que el mercado toca un nivel de soporte o resistencia y revierta su dirección. Quinn utiliza estas señales para confirmar sus análisis y para validar sus entradas y salidas en el mercado, asegurándose de que el mercado está respetando los niveles clave que ha identificado.
¿Cómo se relaciona Quinn con su grupo de trading en Wall Street Academy y cómo puede beneficiar a los traders?
-Quinn es el líder del grupo de trading en Wall Street Academy, una comunidad dentro de Forex Profit, que ofrece mentoría y materiales de aprendizaje avanzados. Los traders pueden beneficiarse de su experiencia y conocimientos adquiridos a través de webinars, materiales y una comunidad de traders con experiencia.
Outlines
😀 Introducción a Confluence 2.5 y la filosofía de trading
El presentador, Quinn, inicia el video sobre el método de trading conocido como 'Confluence 2.5', enfocado en el trading basado en múltiples confirmaciones en el mercado. Destaca la importancia de la formación y el análisis técnico para entender y aplicar conocimientos en el trading, subrayando la evolución constante de su propio enfoque y la necesidad de mantenerse actualizado en técnicas y análisis de mercado.
📈 Uso de Fibonacci para proyecciones de trading
Se discute el uso de los niveles de expansión de Fibonacci para ayudar a determinar cuándo salir del mercado. Se describe el proceso de Fibonacci como un método de tres pasos, y se enfatiza la importancia de no sobrecomplicar las gráficas, manteniendo un enfoque en los niveles de soporte y resistencia identificados a través de análisis de tiempos más largos y la relevancia de los patrones de rechazo en el trading.
📊 Análisis de soporte y resistencia con tiempos de alta frecuencia
El video se enfoca en cómo identificar los niveles de soporte y resistencia utilizando diferentes tiempos de marco, desde el marco mensual hasta el diario. Se resalta la importancia de la claridad en los gráficos y la identificación de áreas de soporte y resistencia sólidas basadas en análisis de alta calidad, evitando la confusión que pueden traer los gráficos ruidosos.
📉 Importancia de la estructura y tendencia del mercado
Se profundiza en el análisis de la estructura y la tendencia del mercado, destacando la importancia de entender y anticipar el comportamiento del mercado para operar con éxito. Se discuten conceptos como puntos de soporte y resistencia, y cómo estos influyen en la toma de decisiones de trading, incluyendo la identificación de zonas de incertidumbre y puntos clave para la entrada y salida de operaciones.
📚 Apuntes y análisis de tendencias y estructuras de mercado
El presentador enfatiza la importancia de tomar apuntes y utilizar recursos educativos para mejorar el análisis de mercado. Se describe el proceso de identificación de tendencias y estructuras, y cómo estas pueden ayudar a prever el comportamiento futuro del mercado. Se sugiere que la comprensión de estos conceptos es crucial para operar de manera efectiva en el mercado de divisas.
📉 Niveles de rechazo y validación de patrones en Fibonacci
Se analiza cómo los niveles de rechazo en los gráficos de Fibonacci pueden validar patrones de mercado y proporcionar indicaciones de trading. Se discuten los diferentes niveles de rechazo (23.6, 38.2, 50, 61.8, 70.7, 78.6, 88.6) y cómo estos pueden influir en las proyecciones de mercado, así como la importancia de la validación de patrones y su relación con la tendencia actual del mercado.
🤔 Identificación de patrones de trading válidos y no válidos
El video cubre cómo identificar y diferenciar entre patrones de trading válidos y no válidos basándose en la tendencia actual del mercado. Se enfatiza la importancia de operar solo con patrones que se alineen con la tendencia principal y evitar los que entran en conflicto con ella, para maximizar las probabilidades de éxito en las operaciones.
📊 Análisis de tendencias y soporte en el tiempo mensual
Se presenta un análisis detallado de cómo la consistencia en el soporte a lo largo de varios meses puede indicar un potencial cambio en la tendencia del mercado. Se sugiere que la paciencia y la observación son claves en el trading, y se discuten estrategias para entrar y salir del mercado en puntos óptimos basándose en la comprensión de la estructura y la tendencia.
🚀 Acciones basadas en análisis y proyecciones de mercado
El presentador comparte su enfoque para tomar decisiones de trading basadas en análisis y proyecciones de mercado, utilizando el ejemplo de una operación exitosa. Se resalta la importancia de estar preparado para actuar en el mercado, en lugar de perseguirlo, y de reaccionar a lo que el mercado muestra en lugar de intentar predecir sus movimientos.
👋 Despedida y promoción de recursos de trading
En su despedida, el presentador promueve sus recursos de trading, incluyendo el Wall Street Academy y su presencia en Instagram y Facebook. Se alienta a los espectadores a seguirlo en estas plataformas para obtener más información y recursos sobre trading.
Mindmap
Keywords
💡Confluence 2.5
💡Trading
💡Confirmaciones múltiples
💡Fibonacci
💡Estructura de mercado
💡Niveles de soporte y resistencia
💡Tendencia
💡Pattern
💡Pipa
💡Wall Street Academy
Highlights
Confluence 2.5 es una técnica de trading basada en múltiples confirmaciones en el mercado.
El trading con confluence requiere conocimiento y aplicación para obtener una perspectiva sólida del mercado.
La importancia de la paciencia y la toma de decisiones informadas en el trading.
Cómo la formación y aplicación de conocimientos técnicos ayudan a leer el mercado con mayor claridad.
El uso de niveles de soporte y resistencia para identificar entradas y salidas en el mercado.
La aplicación de niveles de expansión de Fibonacci para proyectar movimientos en el mercado.
La distinción entre niveles de soporte y resistencia válidos e inválidos según la tendencia actual del mercado.
Cómo el análisis de tiempos de alta frecuencia puede ayudar a encontrar patrones y oportunidades de trading.
La importancia de mantener un gráfico limpio y no sobrecargado para una mejor comprensión del mercado.
El concepto de 'estructura del mercado' y cómo influye en la toma de decisiones de trading.
La identificación de patrones de trading como 'bullet' y 'golden' dentro de las tendencias del mercado.
Cómo el análisis de la 'zona de soporte' y la 'zona de resistencia' ayuda a definir las áreas clave del mercado.
El uso de la retrocesión del mercado para identificar niveles clave de soporte y resistencia.
La importancia de la confirmación de patrones y niveles clave antes de entrar en una posición de trading.
Cómo la comprensión de la 'estructura del mercado' ayuda a prever y proyectar movimientos futuros.
La estrategia de trading basada en la confluence y cómo se aplicó en un ejemplo de trading exitoso.
La promoción de la educación continua y la mejora del análisis técnico para mejorar el desempeño en el trading.
La descripción del Wall Street Academy como una comunidad de trading con recursos educativos y mentoría.
El mensaje final de que la paciencia y la educación son claves para el éxito en el trading.
Transcripts
what's going on everybody it's quinn
black
and this video is going to be called
confluence 2.5 which has been probably
the most anticipated video um based off
like my training site for a while
actually
um pretty much confluence is
like my trading style which is
confluence trading which is overall
trading with based off of multiple
confirmations within the market
when things line up um that's giving you
like overall powerful last reason as to
why you're into the market at a certain
time
which is very very important and
it takes me a while to actually make all
these videos because it actually takes
time for me to actually gain knowledge
and actually apply
so these past few weeks these
few months um i've been gaining like
more and more knowledge i like you as
far as
little things just kind of help out my
technicals my overall candidate analysis
and um my overall clarity of the market
itself all right
so at the end of the day like i always
try to like gain more knowledge to
overall benefit
you guys you know so because the more i
learn the more you guys learn
so um i'm gonna always
be a student and always try to actually
apply more as i do go
overall have um keep keep a clean chart
you know like it's not it's
it's not like i'm actually gaining more
knowledge and just like um
applying more to my charts as far as
indicator-wise and stuff like that
because that is all about learning the
foundation of the entire market
once you learn the foundation then you
overall read the market itself for what
it is
if not then you're gonna have a little
bit of confusion and everything when it
comes to the market
or after it makes a certain move like if
you don't know how to actually analyze
it correctly then
you're gonna get thrown off completely
okay so with some people
like my students um they're pretty much
ready for whatever
the market throws to them you know i'm
saying because they're overall like
realizing that the market does have to
move
and it's not gonna always move in your
favor right when you think it is
you know like that's where the patients
think kicking and um
the main important thing is if you catch
a move in the market
that's that's a good that's like
the main main thing that you have to
actually like work on because
like anybody can scale you know anybody
can catch like one paper two pips
but can you catch 10 20 30 40 50 60 pips
80 pips 100 pips
plus more can you do that that's
catching the entire move
when you're able to catch the entire
move that shows you that your analysis
is correct
you know um that's why whenever some
people um
like dumb and ignorant like the
sophomores
the sophomores or um
the freshmen probably that are in this
trade industry right like
they're new so they don't even know like
know too much better too much
um they overthink the entire move right
like for example some people will be
like oh
yeah man hit a level resistance right
here
it came up it's going to drop 200 pips
like this
like almost like you you can't even get
past
10 pips much less 20 pips like why do
you think it's gonna
get all the way down there when you
can't even get past the first couple
increments and everything of the
whole entire movie you know like that
that overthinking thing like it's very
annoying
you need to really really stop doing
that because you have to get past
your first few pips and everything or
your first few moves or your first few
um flows of the overall move before
you actually get the the gist of what
the market is trying to show you overall
okay never overthink the market never
try to like
figure out the future of the market i'm
saying like as the market is flowing
just blow along with it you know what
i'm saying like don't try to like
um like go against it are you with it
that kind of [ __ ] you know i'm saying
like everybody's gonna have their their
own analysis at the end of the day
and the best analysis that you can trust
is gonna be yours so
just keep that in mind also um
and pretty much like what i'm the main
thing i'm explaining
um on confluence 2.5 is going to be
based off of like my move that i caught
on uh jby what was it like
almost a week and a half ago almost week
and a half but i think almost a week and
a half ago
what was the last week i think it was
last week
yeah california it was last week
and overall like i caught probably
200 300 300 plus pips on that whole
entire move like
for that was in this uptrend that entire
freaking week
and a lot of it is just based off of
like what i learned from
recently and how i actually applied it
to my charts actually benefit me
um like recently i've been also using
fibonacci expansion levels to help me
with my projections um because some
people always
some people always try to like they kind
of like
lost onto where they should actually get
out of the market
and with fibonacci expansions it can
help you actually
get that projection for what you're
actually looking for that helped me
on this entire move and everything that
i caught also just based off of some
projections that i had in mind for this
entire fair
and um expansions overall are just the
kind of cousin
or it's within the the fibonacci family
this right here is fibonacci
retracements this right here is
fibonacci expansion which is overall a
three-step process
i'm sure you guys have to draw that
later on um
and many my scene also that i don't
really
my charts aren't too cluttered like the
more i learn the less i'm putting
on my charts as it is but um i do
also try to like like
identify my my main levels of support my
main levels of
resistance overall and
a few things that i did also on us jpy
was
always trying to like just find out
where is that strongest level of support
is where that strong load of resistance
based off the high sign reverse
and when i say the highest time frame um
i mean the monthly time frame which is
the highest one in in our eyes
you could also analyze up any time frame
but keep in mind that not all time
frames are going to be as smooth as the
other one
the higher time frames that you do go
the more condensed or more compact
these candles are getting so when it's
more compact that that's giving you more
clarity on what mark trying to show you
right so at the end day like whenever
you see a clutter chart like let's say
if i'm on a one hour time frame
if it looks too noisy for you as far as
too much going on too many unnecessary
wicks that kind of stuff
one one time for higher and when i say
one time for my higher i mean one time
frame based off of
the standard the actual standard um
time frame structure which is basically
the one minute the five minute
15 minute 30 minute the one hour four
hour the
daily the weekly the monthly that
standard
so whenever i actually have too much
noise on the one hour time frame go on
one time from up which is going to be
the fourth time frame which is that one
time from higher then
based off the standard structure of
timeframes
if if the four-hour chart looks so noisy
one time from higher that's going to be
what the daily
time frame bomb you see a lot a lot more
structure
as to what the marker's trying to show
you okay um the person was
looking at here they would probably they
could have found
a meeting area within star zone
as far as a meeting error where where
the market was finding a level of
support
um a lot and a lot of this also based
off of like my trading style um if you
guys are my students
um as far as wall street academy like
straight
focus on walsh academy students like you
you know this [ __ ] like
down back by this time at least um
for the outside classes which is the
overall group which is forever and
profit
um some students and everything they
might focus on other training but
students that are focused on my course
they would have caught this move right
here
a lot of them did catch like a good
amount of this move and um
a few of my friends also were actually
trading with me that was based off my
trades as well
so they knew exactly why i was getting
in the market at a certain time just
based off of like what i'm actually
looking at and like what i'm looking for
based off of confluence trading myself
okay so at the end of the day like you
gotta always realize that
there's always gonna be certain areas
that you could draw
certain things okay i'm not gonna always
draw a
spores on every single time frame if i
don't have opportunity to draw it i'm
not gonna always have opportunity to
draw trendline i'm not gonna always have
opportunity
to draw so many things you know what i'm
saying but overall you have to
realize that you have to um try to like
you got to try to draw them in some kind
of way just to see like if you have an
opportunity to draw a certain thing
that's certain
um that at that certain time within the
market
so on the monthly time frame um
a lot of people realize that like this
right here was overall trend line
that was descending based off of like
the top areas within the market itself
all right it was right here
okay one area was right
so you have your point and point b right
here which is based off your trend line
um once you have your point and point b
instead of market then you can actually
draw your tread line if you don't have a
point b a point name point b then you
have no kind of opportunity to draw it
and pointing point b can also be on a
downtrend
point a point b is based off of a high
to a lower high an uptrend is based off
of a low to a higher level
so at the end it's kind of like it acts
as a level of support on uptrend acts
as a level of resistance on a downtrend
so it kind of helps you guide
on where the market is actually trying
to come back down to make a
lower high or to make a higher low it
all kind of depends on the overall trend
that you're actually in
so when it came down to this right here
um this setup once i've seen actually
breaking this rundown right here it came
from a cell zone which was
when the market was actually
under a tread line it's a cell zone so
that's when you're actually looking for
the market to actually bounce off of
the trend line creating lower highs the
entire time
on the opposite end you're looking at a
bison
okay
so the major thing that i did on this
was on also always try to confirm
your major level of support resistance i
already found my level of support based
off of
the monthly time frame
or the alter a little bit right here
in this base right here only because
there's two areas with
right like within this innocent level
that acts as a level of support and
level of
resistance overall so if i
look right here this spike it bounced
off when it actually hit that level
which means that that is considered as a
level of resistance
on the opposite end it's look like it
bounced off with is considered as a
level of support
same concept when it actually happened
right here also between these two
color for you guys
overall that is probably like my main
area um
for this entire subtle writer for a
level of support and level
of resistance um and when it comes to
drug key levels i always try to make
sure that they're less than 10
000 pips which this right here is still
valid because it's still
under 10 000 points which is a thousand
pips
so once it's under a thousand pips which
is ten thousand points
um which means that you that you'll see
one zero zero
as far like a five bit bigger number
right here to hit five figures then it's
invalid because it has to be
right under on ten thousand points
which is considered as a thousand pips
okay so once i
identify those i knew that i was pretty
much set up good
for um these key levels which is this
one right here will be my monthly
monthly right here show text text right
um show text right there um next thing
i'm
trying to do is pretty much get my
weekly which is considered as the 50
area of the monthly key levels
which i could draw right here that 50
line which is that red line right here
and type weekly on there
okay so that's like my 50 mark which as
you can see it acted as a level of
resistance right
here perfectly i'm just based off of
like using my
my fibonacci actually having that level
of support and resistance
based off of the monthly timeframe which
is like my monthly key levels
so within this entire zone is what i'm
i'm working towards on the low time
frames
so me seeing that it's respecting a
strong level of support that means that
it found an innocent level
which gives me some kind of clarity of
what a mark is trying to show me on
certain cases
okay so all that was just based off of
me getting on
my foundation overall but as you can see
on the monthly time frame
the whole area was still supported um
that's why
there's a lot of weak areas around that
area just just based off me actually
putting those meeting between those two
spike areas
that gave me my meeting area which
actually you could see those are
wake points all weak points and that
showed me a strong level of support
itself
on the daily time frame
you can see that your line a bit more
clear which it guides you as to where it
was going overall
and if you look right here on the market
actually found a level of support right
here also for the current market price
but when i was actually executing this
entire setup right here
the first thing i always look at is
structure
structure structure structure structure
structure
if you're not looking at structure um
when you have to get on charts then
you're
you're missing out on a major the major
major areas of what the market is trying
to actually move
um people that actually know structure
they don't really get faked out because
they
they know the overall trend of the
market on what they're trying to show
them
and not really falling for all the the
unnecessary
wakes on unnecessary spikes that kind of
[ __ ] because they don't overall trend
you know and they know how and a broken
trend looks overall also so i mean like
once you actually have knowledge of that
then you're pretty much good for
the future of what the market is
actually trying to develop
because at a day like market is all
about just anticipation like once you're
your anticipation is there then you
could attack the market
in any kind of direction as far as start
finishing the market and then actually
benefit from it every single [ __ ] day
you know and
with structure it's all about just
locating your lower lows and lower eyes
based on the overall trend the current
trend that kind of stuff
so when i drew this this overall trend
which is this um tree liner
right here that was giving me my overall
trend for
that bigger time frame and once i
realized that i know the overall trend
for that bigger time frame
that's helped me let's help me just get
over the fact
that i won't be confused as to what kind
of trend that i'm in
an overall move of the entire train so
like while i'm looking at this
struggling right here i'm looking for
lower highs so this right here was a
lower high
arise
low rise lower eyes
okay and on the inside
also high right here
a little higher right back on that level
of support
okay the main thing that i did
the main thing i actually did throughout
this whole entire process was actually i
was on the lower time frames
um i was on those time rooms a lot of
this
this time right here and me realizing
that overall trend was um
a downtrend within those areas
that means that a level of resistance
was right here
to some extent i'm i'm always trying to
find the meeting area between those
wicks
when i find a random ass area i always
put it on my
blue line which is my random line
that gives me my my new pound support so
whatever the market actually breaks
a previous lower high that means that
what
the market broke structure when a market
rate structure
what does that mean also that means that
you're overall changing your your trend
um and when you're training your trend
that means that marks is transitioning
from a downtrend to uptrend
you know and that's very very important
um right before
you actually put your orders you have to
have to know the overall trend because
you you don't want to get inside of
market and not know like what kind of
market am i in
a buyer's market sellers market what am
i looking at
okay and when you're actually looking at
trend and structure
you have to always make sure that it's
actually in your favor based off the
current that
the current direction that's actually
flowing in
and um later on also i'm talking about
invalid patterns and valid patterns
based off
based on the current trend that you're
actually in um
based off of like what patterns are are
going to be valid in an uptrend what
patterns are going to be invalid in an
uptrend what patterns are going to be
valid and downtrend
what patterns are going to be invalid in
a downtrend it all depends
um and that's all based on structure
also so i didn't they like me seeing
that the market actually
just broke this previous lower high um
asap i pull out my fitness why because
once the market finds a level of
resistance somewhere up here
um and that resistance area can also be
based off of
previous areas within the market okay so
if i go on my line chart right
since since i'm on an h4 chart i'm on my
line chart what color do i put it
green make sure that there's no kind of
writing on it
and what i'm looking for is the overall
area within the market where i actually
find the
[ __ ] on the spikes which was located
like right here
um areas like right here like they're
all over place so
one air right there another area up here
those are both considered as h4 sport
resistance all based off of these two
spikes right here
see how the market actually found
support right here
yellow
directly on air when the market found a
level of resistance right there so
it acted on both sides which is very
very important the same way how acted on
right here
that has a level of support right here
it acted as a level of
resistance right here
so that tells me that that market
overall have an indecision level based
off of that price
um which means that every time the
market touches that certain price it
acts very very crazy
which means that the market kind of
slows down trying to figure out like
where do i want to go now you know
saying like
this buyer is going to come in this cell
is going to come in like what's going to
happen
so it tries to reject the force amount
of time and then go back down to a level
of support where i actually found
um a major major
then why does why is this here how about
take this off
and try to find that that next major
level of sport where mark was not trying
to actually
pass through so if i'm looking at
this area right here where i actually
started analyzing earlier
first thing i'm doing is pretty much
getting my fibs point a to point b
which is the top point to low point
which is a low to
high on an uptrend a high to a low on a
downtrend so like in this area i'm
moving from the lowest point
to the highest point okay and all and
it's all based off move
this right here is a push so here's a
pullback so right here's a push
it's a pullback so right here's a push
so there's a pullback so there's a push
pull back push pull back push you know
right now the marks on
a little bit of pullback right now also
so some people always um try to ask me
like why can't i put it here you know
like
remember it's all about preference like
both ways would have still been valid at
any day also
for me like i like to just keep it at
the previous lowest point at the major
major
lowest point to the major major highest
point which is right here based off a
structure
and when i mean that i mean this is how
a structure looks
you have uptrend downtrend i mean
uptrend counter trend uptrend counter
trend uptrend counter trend
so all these counter trends all these
little little moves for when the market
what was backing off and trying to bring
sellers in the market
it only tries to bring sellers in to
made overall market balance
if you're in a buyer's market for 10
12 13 days it's gonna have counter
trends and because sellers are gonna try
to come into the market and try to
actually
make their currency a bit stronger so
this whole entire time
the usd was getting stronger because the
usc is the first pair which is the usbj
the main pair which is usd is going to
always take value as
the market is going up when the market
is going down that's increasing the
value of the jby pair which is the
secondary pair
which is decreasing the value of the usd
so this main chart
overall as one is for usd
but on the opposite end jpy benefits off
of it as the market is actually going
down
you know so like it's like it's always
two sides of the story that's why you're
able to make profit off both sides to
buy and
sell when you're actually trading forex
um give me more seconds
okay so the main thing that i've seen
within this whole whole entire thing is
that the market fully fully tapped 61.8
overall it was sitting structure
at 50 50 is not considered as a level of
of a prc level for me but i mean it it's
on your fibonacci so it's still
considered valid and you can use it for
expansion levels also
so whoever wants to write this down um
real quick check out take out some
pending pencils
[Music]
pretty much like i have my notebook i
told everybody every single day that um
notes are very very important to trading
um
you know like despite how long i've been
trading you know like i still take notes
you know like but personally i do want
to fill up this freaking book right here
and just make this book be valuable as
[ __ ] honestly
that's my goal but overall like i never
really stopped taking notes
notes are very very important always
have your fibonacci books i mean your um
books keep in mind like i have multiple
books like there's multiple books
you know there's all over the place
every single thing
having to do with forever and profit is
gonna have a bull on it
they're everywhere like they're
everywhere so i mean um
at any day like this right it's very
very valuable so
fibonacci expansions
okay with within running expansions
everybody knows that there's always a
point at point b when you're using your
fib itself um
based off of like what i taught you guys
inside the previous videos
so point a is going to be your lowest
point if you're on uptrend
point b is going to be your highest
point if you're on a yeah
point b is going to be on a higher high
ground
up train and at a higher low or a low
on uptrend all right all right point a
is going to be
a low or a higher low on an uptrend your
point b is going to be a higher high
on uptrend to measure the count trend
got it
so what you're measuring on fibs overall
is you're measuring counter trends
that's what all fibs are like fibs
you're literally all you're measuring is
counter trend based off the current
trend if i'm on a downtrend i'm only
measuring
when the market actually goes against
that downtrend you know like that's what
you
you're measuring that's what appears the
levels of four are four are called price
reversal zones
so the market itself has to stay under a
hundred percent
if it wants to stay in between structure
okay
so if you're in the market right the
market has
it could drop let me draw a little
example real quick
the written uptrend right the market can
retrace
all the way down here as long as it
doesn't break this previous level of
support
then it hasn't broken structure which
means that it still has um
it's still valid to go on the uptrend
okay at times the retrace can be very
very
small like like this and then go up
i thought it could be large like this
actually my bad
that's broken it can be up like this go
small like this
and it bounces off like that but once it
breaks a previous
lower high and goes against it that's
when it broke structure which means that
you're looking for
lower lower highs and lower lows beyond
that starting the downtrend but
everything has to be valid so even
though it broke like right here first it
wouldn't be valid up until
the market actually comes back up you
put on your flips from a high point to a
low point
and you're measuring this kind of trend
based off of like where actually i found
next
so based off of the new lower high that
it created once it broke structure
that gives you validation for that
downtrend so you chill so you're looking
for the market to actually come back up
to retrace
up to a prc level and then continue
based off of like where it was going
just off of you knowing that it broke
structure okay
let me open yourself this real quick
all right so pretty much like what i
seen with jpy
um it was just based off all the
examples that i'm going to give you guys
like right now
um so with fibs overall you have to know
your phd levels
23.6 is not really considered as a
prison level but i've seen
um that
the market actually it doesn't get
enough sellers it was an
uptrend to actually take off so it goes
to that
first retracement which is going to be
23.6
at times it doesn't have enough of the
opposite
market to actually go all the way down
to 38.2 which is
what happens you know but if it does
have enough
um for example like if i'm on an uptrend
and it creates enough sellers it'll go
to 30 points so you know
if it doesn't or like it's gonna retrace
very very slightly
and then keep on pushing up because
there's too many buyers in that market
or
too much momentum flowing in a certain
direction
um which can show you a lot about like
the overall like
the trend itself and
the way how actually capitalized off of
this was just knowing
rejections also so when it comes to
fibonacci expansions fibonacci expenses
are going to be like right here
um it's a three-step process the way how
you draw them
is you put it from your
0.8 on your fibs which is going to be at
your 100 line on uptrend
all the way up to your zero percent
which is your point b on the uptrend
and then down to where the market found
a level of support
based off of physics right here it
respected where
what um it respected
to why isn't with respect to 50
which means that off of expansion levels
that's going to be considered as a 200
percent um
200 expansion which is all the way up
here which was that was the area
for your target which is going to be a
yellow line right here
i i wish i had my old markup i probably
can't i probably see it
i had this area like marked off
literally
so long ago um
like this right here was my my first
light went to this yellow line
these were all targets and everything
just based off of like me analyzing this
is like my overall um
as you can see i do a lot of technicals
you know i do a lot of tentacles
hold on give me one second
i do a lot a lot of technical so there's
a lot of knowing how structure works
knowing how your chart line works
knowing how
what's valid what's not wasn't valid
there's a lot of written work it's
and so new people this might look crazy
as hell but once you actually learn like
what you're doing and what you're
looking at then
it's going to be solid so me seeing that
the first retracement in my mind this
right here is all based off of the first
retracement so
once i see the market breaks break that
level of
resistance which was previous um a
previous lower high
that shows me that the market just broke
stroke so like overall structure was
broken
right here let me get my arrow
structure was broken based off of what
this can be right here
okay
broken structure remember um
they you have tested candles and brown
candles if you if you're if you're
looking at a tested candle
the market literally hits a level of
resistance or close on the level of
resistance and the opposite and the
candle after it
takes that opposite direction which
means that it's respecting that area
when a candle is broken it forms on a
level of resistance and that next candle
after it
keeps on going within the same direction
that shows you that validation that
market actually broke structure
um and that it actually is pushing and
it's broken that level of resistance
so me seeing that it broke uh previously
lower high structure was broken
so what am i looking for now i'm looking
for the mark to actually find a level of
resistance which i could draw my fibs on
which was my point in point b
point a point b right here and i'm
measuring the counter term remember
in the uptrend you're all you're doing
very encounter trends with your fibs
so the market itself came all the way
down to 61.8 which was a prc level which
was which means that the lowest point
was 61.8
but the market found structure
at 50 percent which was considered as my
higher low point which was right here
that was considered as a higher low so
this whole time that
this is where my foundation of the
market that i'm going to be based off of
as far as like my projection and so on
it's all based off that first move one
structure is broken
okay so once i realized that
um i had i had the projection all the
way up there but
as far you know like at any day like i
have to get through
all this to get to 200 so it's all about
maintaining your order
and trading you the hardest thing is to
maintain your order throughout the
entire time because
you're watching the kind of trends
you're monitoring the common trends
you're analyzing this you're analyzing
that it's so much going on
up until it actually gets to your on
projection which is
for ourselves so with fibonacci
expansions
um if the market
if the market retraced at 38.2
you're looking for the projection based
off extensions
to be 224 through
261 percent 261.8 percent
if the market found structure at 50
your projection is 200 if the market
defines
um structure at 61.8 your
projection is what 161.8 percent
okay if the market finds structure at
70.7 percent the projection is 141.4
if the market defines support i mean
structure at 78.6
the projection is 127 percent if the
market finds structure at 88.6
that means the um projection is 113
so at the end of the day you have to
pay attention to like where the mark
actually finds its fights where it
actually finds support
everything everything is is valid okay
so beyond that
i always have once i have my point and
point b
um off anything i could always like
actually help predict the future of the
market as far as the projection of the
entire market
um i always try to like see if i can
find a level of trend line within this
whole entire zone
um i think i found a trail line
somewhere over here everything is
in a moment so
where did i draw that trendline
yeah that i think was right i can't i
can't remember it was there or not
children are very subjective you have to
like literally draw them on certain time
frames
and if you draw them on the incorrect
time frame or incorrect wick
incorrect weight too wick then it's
gonna get thrown off completely but i
think i drew her i'm not even sure
honestly
but um overall if i did draw there
um i would look forward to actually make
higher lows on the those entire areas
but um as the market was flowing up as i
likely trade in the market like
every single day i'm only looking for
certain patterns and certain trends to
make it valid
so i can i can actually capitalize off
of it actually when it's actually
flowing in my
favor um and these patterns were like
this
one let me find a few
i'm trying to find when i was on the
house
okay okay
the main thing that i look for in
uptrend um and it's just
remember like in time i'm just learning
more i don't know everything
but on what i do know you know it makes
me money so
that's it you know but um in an uptrend
right only valid patterns i look for
are going to be um bulletin global
patterns
and bulletin golfings
overall even when it comes to like let's
say if i see
things that look like this like doji
type like you know morning stars and
everything
if the market plays a doji
i don't really count this i exit out
exit out x out
and i just put those two patterns that
was on the left side and right side
together
that gives me my pattern
okay whatever that gives me my pattern
for what for what i'm looking for
so so in uptrend i'm only looking for
bullets and golden patterns which was
right here right here
um and so those are my entry areas for
in or when i'm in the market
and these areas are going to be located
on higher lows only
so when i'm seeing a version going
pattern and uptrend that's considered as
invalid in my opinion
um and i wouldn't really take those
because
that's all the counter trend that's all
short-term stuff
so the only thing i'm really looking for
is going to be
[ __ ] golfings in a downtrend i'm
only looking for bears and golfing
because they're gonna be located on
um lower high points so
in a downtrend
the version going patterns i'm looking
for is gonna be located on lower eyes
which also which means that you have to
put on your fibs
um once more could find a level of
resistance at a prc level
i'm looking for more to actually create
a can of reverse pattern around that
range
and go within my favor but it has to
make a bearing pattern
bearish engulfing just says that sellers
are in control
and the buyers are slowed down okay so
it could be
an encounter in the entire time but
within that whole counter trend
the market is not creating um
embarrassing patterns you know zen it's
not it's not going to create it
so if you look like like right here for
example
it's right here it was an uptrend right
the whole entire time the market's not
creating any kind of bearish global
veterans
the entire time up until right here
bottom cell right or in control you
could have gotten right here seem a
little bit drawdown but also
wiping right here also bomb lower high
but
also that is a bearish golfing so that
shows you that sellers are
already either way it goes depending on
what kind of trader that you are
um if you know the overall trend or the
the short term trend
you could have gotten based off of that
pattern right there once again version
golfing bomb
seller already control entry right there
entry
right here version golden pattern bum
close
you know what i'm saying throw it in
let it ride out and go from there and
that's all for you knowing the
overall trends if you don't know the
overall trend you can't even execute
these orders
these orders on low time frames you have
to know the overall trend
so you're aware of if you're in the
counter trend or maybe in the current
trend if you're in the counter trend
you're not going to keep that that um
that trading for too long because
it's short it's it's not flowing with
the overall training
so what i was looking for the entire
time that the market was flowing in my
favor was i'm looking for higher low
points
um and i'm looking for bulletin patterns
on low time frames
you know and me knowing structure on how
structure plays out
the market couldn't have couldn't of
broke a previous higher low and then
me seeing that it never ever broke a
higher low point so it was still an
overall trend
so every single time that market
retraced i was literally getting in
based off of those [ __ ] golfing's
based off of those kind of trends you
know and it's sweet
it's sweet because it's giving you that
like the capability of upping your
laptop a bit more
just capitalize off a bit more also but
overall you have to
you're analyzing the entire time that
market is flowing
you know and as you're doing that you're
not really catching any kind of like
like fake outs or stuff like that
because you know the overall trend
itself if
it's overall an uptrend i'm looking for
only bullish moves you know and as you
can see on the monthly time frame
i had a big-ass bullish candle on the on
the daily time frame i had a big-ass
bullish candle so why would i try to go
against it
it doesn't make sense though you know in
a monthly timeframe
it's a big-ass bullish candle so it was
it was a bullish on the month
the monthly time frame well i'm really
looking for sales too much
plus me seeing that month is what
it's saturday the 15th which means
if 15 days go by and this still stays
above
this candle right here the market's
going bullish
it's going in a bullish trend you know
because that's [ __ ]
pattern
downtrend which found a level of support
which showed you that this market was
still staying consistent this entire
time
one two three four five months of level
of support it might be time to take off
you know and this is the waiting game
right here so i mean at end day guys
it's all about patience it's all about
patience
so i mean that is what kind of guided me
for this entire
method right here and as the market just
kept on going up keep on going up i kept
on analyzing analyzing analyzing
when it actually found a level of
support a level of resistance
that gave me my areas to do what i do
also
once again 88.6 what's the prc levels
70.6 what is the prc level
what am i looking for
right here what is this the [ __ ]
pattern which shows you
that when this mark was going down all
right remember keep
always look at it kind of like a
business on this kind of trend you would
never see
a bulletin building pattern why because
buyers are not in control in an
accounting trend that
doesn't make sense sellers have to come
in control to a certain extent
as long as it's not breaking this low
right here i'm so good you know i'm
saying
the prc levels are going to hold me up
if i'm in on a certain kind of training
so when the market actually slowed down
consolidated right here
once it found that buyers are in control
and it's
over and it's bigger than a bearish goat
pattern entry is literally
right here
that's it that's your entry point bomb
and you take it up
you know i'm saying like every single
time so every single move that happens
you're actually taking advantage of it
just based off of you knowing structure
and how structure forms
and um you see in that um let's see if
we can get an expansion level for this
also so
if the market retraced at what 88.6 or
78.6
the projection for that based off of um
the retracement is going to be 127 off
off 78.6 and 113 based off of 88.6 so
your point a your point b and your point
is going to be where the market found a
level of support or bound structure it's
going to be probably right here
so um what was it
okay so if i put it right here then
i found structure at this yeah it found
structure at
eight point six percent and what did i
say about eighty point six percent
eighty eight point six percent
it's giving you a one thirteen percent
um
projection which is going to be right
here
based off of expansions okay
if it was one thing up as far as if the
market found a level of support on 70.6
that it would have been at 127 but since
the structure
um stayed between these areas
78.6 that 113 is your projection area
which is literally a [ __ ] ton of pips
which was probably
let's say from here to here one hundred
and
168 pips which is a [ __ ] ton of pips
which is one thousand six hundred eighty
two dollars on a standard lot which is
crazy
but it's all about just overall like
knowing how to analyze the market from
all kind of angles
and um make men for you dramatically you
know but
um always be ready
to take action on the market don't chase
the market just blow the market
um don't chase the market let's react to
what the market shows you
and then go from there but um hope you
guys
enjoy the video and be forever in profit
and if you guys are in wall street
academy trust me like one of the
the best decision everything i ever done
was actually to open up the
focus group which is what is wall street
academy which is also
a subgroup of foreign profit
so the difference between framework and
walsh academy um people always
get this confused um is that
foreverprofit's overall brand as you can
see nothing says wall street academy
nothing says wall street walsh academy
is just a subgroup um
of the main group so i promote the main
group which is monthly my group
um and
everything under it is is representing
the overall brand which is still
forever and profit you know like sub
groups can form under all day
but i'm the only subject under it so at
any day like guys
if you guys do want to get on welsh
academy which is the focus group which
has all my material all my
mentorship material extra all my all the
webinars i've ever recorded
all that stuff is going to be on ultra
academy you know what i'm saying um
so hope you guys enjoyed confluence 2.5
this is probably the [ __ ] longest
video that i've ever done like a webinar
um but hope you guys enjoyed it hope you
guys gain knowledge from it
and yeah um make sure you guys follow me
also
on instagram qbanks on facebook um
facebook.combackslash mcaq and yeah
peace out guys
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