Confluence Forex Trading Strategy | ***MUST WATCH***

FOREX TRADING
11 May 202145:17

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

00:00

😀 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.

05:01

📈 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.

10:02

📊 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.

15:04

📉 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.

20:06

📚 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.

25:06

📉 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.

30:07

🤔 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.

35:08

📊 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.

40:09

🚀 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.

45:09

👋 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

Confluence 2.5 es el nombre del video y hace referencia al estilo de trading del narrador basado en múltiples confirmaciones en el mercado. Es importante para entender el enfoque del video, que promueve la toma de decisiones de trading cuando varios factores alinean para apoyar una entrada al mercado. Ejemplo: '...este video se va a llamar, Confluence 2.5...'

💡Trading

El trading es la práctica de comprar y vender activos financieros con el objetivo de obtener ganancias. En el video, es el núcleo del mensaje, ya que el narrador comparte su experiencia y conocimientos para mejorar las habilidades de trading de los espectadores. Ejemplo: '...mi estilo de trading...'

💡Confirmaciones múltiples

Este concepto se refiere a la estrategia de esperar a que varios indicadores o señales apunten en la misma dirección antes de realizar un trade. Es fundamental en el estilo de trading del narrador y es una forma de validar entradas al mercado. Ejemplo: '...trading con base en múltiples confirmaciones dentro del mercado...'

💡Fibonacci

Fibonacci es una herramienta técnica utilizada en el análisis de mercados financieros para identificar niveles de soporte y resistencia. En el video, se menciona para ayudar a proyectar movimientos en el mercado y determinar puntos de entrada y salida. Ejemplo: '...también usando niveles de expansión de Fibonacci para ayudarme con mis proyecciones...'

💡Estructura de mercado

La estructura de mercado se refiere a la forma en que se organizan los precios en el gráfico, mostrando patrones y tendencias. Es crucial para entender el flujo del mercado y tomar decisiones de trading informadas. Ejemplo: '...si no miras la estructura...'

💡Niveles de soporte y resistencia

Estos son puntos clave en los precios donde el mercado tiende a encontrar soporte para subir o resistencia para bajar. El narrador los utiliza para identificar áreas clave en el gráfico y planificar sus estrategias de trading. Ejemplo: '...identificar mis niveles principales de soporte y resistencia...'

💡Tendencia

La tendencia se refiere a la dirección general del movimiento del precio en el tiempo. Es fundamental en trading para posicionarse de acuerdo con el flujo del mercado y no contra él. Ejemplo: '...tendencia general del mercado...'

💡Pattern

Un pattern en trading es una formación en el gráfico que puede indicar un cambio en la dirección del precio. El narrador menciona específicamente los patterns 'bullish engulfing' y 'bearish engulfing' que son importantes para entender el control de los compradores y los vendedores en el mercado. Ejemplo: '...los patterns que voy a buscar en una tendencia alcista son los patterns 'bullish engulfing'...'

💡Pipa

En trading, una pip es la unidad más pequeña en la que se mide el movimiento del precio de una divisa. El narrador menciona pips para describir los movimientos del mercado y las ganancias potenciales. Ejemplo: '...¿puedes atrapar 10, 20, 30, 40, 50, 60 pips, 80 pips, 100 pips o más?...'

💡Wall Street Academy

Wall Street Academy es mencionado como un grupo de enfoque dentro de la comunidad Forever In Profit, donde el narrador comparte material de mentoría y recursos exclusivos para mejorar las habilidades de trading de sus estudiantes. Ejemplo: '...si ustedes están en 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

play00:01

what's going on everybody it's quinn

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black

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and this video is going to be called

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confluence 2.5 which has been probably

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the most anticipated video um based off

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like my training site for a while

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actually

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um pretty much confluence is

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like my trading style which is

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confluence trading which is overall

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trading with based off of multiple

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confirmations within the market

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when things line up um that's giving you

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like overall powerful last reason as to

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why you're into the market at a certain

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time

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which is very very important and

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it takes me a while to actually make all

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these videos because it actually takes

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time for me to actually gain knowledge

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and actually apply

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so these past few weeks these

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few months um i've been gaining like

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more and more knowledge i like you as

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far as

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little things just kind of help out my

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technicals my overall candidate analysis

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and um my overall clarity of the market

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itself all right

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so at the end of the day like i always

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try to like gain more knowledge to

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overall benefit

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you guys you know so because the more i

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learn the more you guys learn

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so um i'm gonna always

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be a student and always try to actually

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apply more as i do go

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overall have um keep keep a clean chart

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you know like it's not it's

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it's not like i'm actually gaining more

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knowledge and just like um

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applying more to my charts as far as

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indicator-wise and stuff like that

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because that is all about learning the

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foundation of the entire market

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once you learn the foundation then you

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overall read the market itself for what

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it is

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if not then you're gonna have a little

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bit of confusion and everything when it

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comes to the market

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or after it makes a certain move like if

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you don't know how to actually analyze

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it correctly then

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you're gonna get thrown off completely

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okay so with some people

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like my students um they're pretty much

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ready for whatever

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the market throws to them you know i'm

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saying because they're overall like

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realizing that the market does have to

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move

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and it's not gonna always move in your

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favor right when you think it is

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you know like that's where the patients

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think kicking and um

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the main important thing is if you catch

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a move in the market

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that's that's a good that's like

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the main main thing that you have to

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actually like work on because

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like anybody can scale you know anybody

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can catch like one paper two pips

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but can you catch 10 20 30 40 50 60 pips

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80 pips 100 pips

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plus more can you do that that's

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catching the entire move

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when you're able to catch the entire

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move that shows you that your analysis

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is correct

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you know um that's why whenever some

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people um

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like dumb and ignorant like the

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sophomores

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the sophomores or um

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the freshmen probably that are in this

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trade industry right like

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they're new so they don't even know like

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know too much better too much

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um they overthink the entire move right

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like for example some people will be

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like oh

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yeah man hit a level resistance right

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here

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it came up it's going to drop 200 pips

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like this

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like almost like you you can't even get

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past

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10 pips much less 20 pips like why do

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you think it's gonna

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get all the way down there when you

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can't even get past the first couple

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increments and everything of the

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whole entire movie you know like that

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that overthinking thing like it's very

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annoying

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you need to really really stop doing

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that because you have to get past

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your first few pips and everything or

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your first few moves or your first few

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um flows of the overall move before

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you actually get the the gist of what

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the market is trying to show you overall

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okay never overthink the market never

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try to like

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figure out the future of the market i'm

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saying like as the market is flowing

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just blow along with it you know what

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i'm saying like don't try to like

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um like go against it are you with it

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that kind of [ __ ] you know i'm saying

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like everybody's gonna have their their

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own analysis at the end of the day

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and the best analysis that you can trust

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is gonna be yours so

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just keep that in mind also um

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and pretty much like what i'm the main

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thing i'm explaining

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um on confluence 2.5 is going to be

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based off of like my move that i caught

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on uh jby what was it like

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almost a week and a half ago almost week

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and a half but i think almost a week and

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a half ago

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what was the last week i think it was

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last week

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yeah california it was last week

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and overall like i caught probably

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200 300 300 plus pips on that whole

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entire move like

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for that was in this uptrend that entire

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freaking week

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and a lot of it is just based off of

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like what i learned from

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recently and how i actually applied it

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to my charts actually benefit me

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um like recently i've been also using

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fibonacci expansion levels to help me

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with my projections um because some

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people always

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some people always try to like they kind

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of like

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lost onto where they should actually get

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out of the market

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and with fibonacci expansions it can

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help you actually

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get that projection for what you're

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actually looking for that helped me

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on this entire move and everything that

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i caught also just based off of some

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projections that i had in mind for this

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entire fair

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and um expansions overall are just the

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kind of cousin

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or it's within the the fibonacci family

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this right here is fibonacci

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retracements this right here is

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fibonacci expansion which is overall a

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three-step process

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i'm sure you guys have to draw that

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later on um

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and many my scene also that i don't

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really

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my charts aren't too cluttered like the

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more i learn the less i'm putting

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on my charts as it is but um i do

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also try to like like

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identify my my main levels of support my

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main levels of

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resistance overall and

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a few things that i did also on us jpy

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was

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always trying to like just find out

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where is that strongest level of support

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is where that strong load of resistance

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based off the high sign reverse

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and when i say the highest time frame um

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i mean the monthly time frame which is

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the highest one in in our eyes

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you could also analyze up any time frame

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but keep in mind that not all time

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frames are going to be as smooth as the

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other one

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the higher time frames that you do go

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the more condensed or more compact

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these candles are getting so when it's

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more compact that that's giving you more

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clarity on what mark trying to show you

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right so at the end day like whenever

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you see a clutter chart like let's say

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if i'm on a one hour time frame

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if it looks too noisy for you as far as

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too much going on too many unnecessary

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wicks that kind of stuff

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one one time for higher and when i say

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one time for my higher i mean one time

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frame based off of

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the standard the actual standard um

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time frame structure which is basically

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the one minute the five minute

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15 minute 30 minute the one hour four

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hour the

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daily the weekly the monthly that

play07:04

standard

play07:05

so whenever i actually have too much

play07:07

noise on the one hour time frame go on

play07:08

one time from up which is going to be

play07:09

the fourth time frame which is that one

play07:11

time from higher then

play07:12

based off the standard structure of

play07:13

timeframes

play07:15

if if the four-hour chart looks so noisy

play07:17

one time from higher that's going to be

play07:18

what the daily

play07:19

time frame bomb you see a lot a lot more

play07:22

structure

play07:23

as to what the marker's trying to show

play07:24

you okay um the person was

play07:26

looking at here they would probably they

play07:29

could have found

play07:31

a meeting area within star zone

play07:34

as far as a meeting error where where

play07:36

the market was finding a level of

play07:37

support

play07:38

um a lot and a lot of this also based

play07:40

off of like my trading style um if you

play07:41

guys are my students

play07:43

um as far as wall street academy like

play07:45

straight

play07:46

focus on walsh academy students like you

play07:48

you know this [ __ ] like

play07:49

down back by this time at least um

play07:53

for the outside classes which is the

play07:55

overall group which is forever and

play07:56

profit

play07:58

um some students and everything they

play08:00

might focus on other training but

play08:01

students that are focused on my course

play08:03

they would have caught this move right

play08:04

here

play08:05

a lot of them did catch like a good

play08:07

amount of this move and um

play08:09

a few of my friends also were actually

play08:11

trading with me that was based off my

play08:12

trades as well

play08:13

so they knew exactly why i was getting

play08:16

in the market at a certain time just

play08:17

based off of like what i'm actually

play08:18

looking at and like what i'm looking for

play08:20

based off of confluence trading myself

play08:23

okay so at the end of the day like you

play08:25

gotta always realize that

play08:27

there's always gonna be certain areas

play08:29

that you could draw

play08:30

certain things okay i'm not gonna always

play08:32

draw a

play08:33

spores on every single time frame if i

play08:35

don't have opportunity to draw it i'm

play08:37

not gonna always have opportunity to

play08:38

draw trendline i'm not gonna always have

play08:39

opportunity

play08:40

to draw so many things you know what i'm

play08:42

saying but overall you have to

play08:43

realize that you have to um try to like

play08:49

you got to try to draw them in some kind

play08:50

of way just to see like if you have an

play08:52

opportunity to draw a certain thing

play08:53

that's certain

play08:54

um that at that certain time within the

play08:58

market

play08:59

so on the monthly time frame um

play09:02

a lot of people realize that like this

play09:03

right here was overall trend line

play09:05

that was descending based off of like

play09:08

the top areas within the market itself

play09:10

all right it was right here

play09:16

okay one area was right

play09:29

so you have your point and point b right

play09:31

here which is based off your trend line

play09:33

um once you have your point and point b

play09:35

instead of market then you can actually

play09:37

draw your tread line if you don't have a

play09:38

point b a point name point b then you

play09:40

have no kind of opportunity to draw it

play09:42

and pointing point b can also be on a

play09:44

downtrend

play09:45

point a point b is based off of a high

play09:48

to a lower high an uptrend is based off

play09:50

of a low to a higher level

play09:52

so at the end it's kind of like it acts

play09:54

as a level of support on uptrend acts

play09:56

as a level of resistance on a downtrend

play09:58

so it kind of helps you guide

play10:00

on where the market is actually trying

play10:01

to come back down to make a

play10:03

lower high or to make a higher low it

play10:06

all kind of depends on the overall trend

play10:07

that you're actually in

play10:09

so when it came down to this right here

play10:12

um this setup once i've seen actually

play10:16

breaking this rundown right here it came

play10:18

from a cell zone which was

play10:21

when the market was actually

play10:25

under a tread line it's a cell zone so

play10:28

that's when you're actually looking for

play10:30

the market to actually bounce off of

play10:32

the trend line creating lower highs the

play10:34

entire time

play10:35

on the opposite end you're looking at a

play10:38

bison

play10:44

okay

play10:53

so the major thing that i did on this

play10:54

was on also always try to confirm

play10:58

your major level of support resistance i

play11:00

already found my level of support based

play11:01

off of

play11:03

the monthly time frame

play11:06

or the alter a little bit right here

play11:11

in this base right here only because

play11:12

there's two areas with

play11:14

right like within this innocent level

play11:15

that acts as a level of support and

play11:17

level of

play11:17

resistance overall so if i

play11:20

look right here this spike it bounced

play11:24

off when it actually hit that level

play11:26

which means that that is considered as a

play11:27

level of resistance

play11:29

on the opposite end it's look like it

play11:31

bounced off with is considered as a

play11:32

level of support

play11:34

same concept when it actually happened

play11:35

right here also between these two

play11:38

color for you guys

play11:53

overall that is probably like my main

play11:56

area um

play11:57

for this entire subtle writer for a

play12:00

level of support and level

play12:01

of resistance um and when it comes to

play12:03

drug key levels i always try to make

play12:05

sure that they're less than 10

play12:06

000 pips which this right here is still

play12:08

valid because it's still

play12:09

under 10 000 points which is a thousand

play12:12

pips

play12:13

so once it's under a thousand pips which

play12:15

is ten thousand points

play12:17

um which means that you that you'll see

play12:19

one zero zero

play12:20

as far like a five bit bigger number

play12:22

right here to hit five figures then it's

play12:24

invalid because it has to be

play12:25

right under on ten thousand points

play12:29

which is considered as a thousand pips

play12:31

okay so once i

play12:32

identify those i knew that i was pretty

play12:35

much set up good

play12:36

for um these key levels which is this

play12:38

one right here will be my monthly

play12:40

monthly right here show text text right

play12:47

um show text right there um next thing

play12:50

i'm

play12:51

trying to do is pretty much get my

play12:53

weekly which is considered as the 50

play12:55

area of the monthly key levels

play12:58

which i could draw right here that 50

play13:00

line which is that red line right here

play13:03

and type weekly on there

play13:10

okay so that's like my 50 mark which as

play13:13

you can see it acted as a level of

play13:15

resistance right

play13:16

here perfectly i'm just based off of

play13:18

like using my

play13:19

my fibonacci actually having that level

play13:21

of support and resistance

play13:23

based off of the monthly timeframe which

play13:24

is like my monthly key levels

play13:26

so within this entire zone is what i'm

play13:28

i'm working towards on the low time

play13:32

frames

play13:34

so me seeing that it's respecting a

play13:36

strong level of support that means that

play13:38

it found an innocent level

play13:39

which gives me some kind of clarity of

play13:41

what a mark is trying to show me on

play13:42

certain cases

play13:49

okay so all that was just based off of

play13:51

me getting on

play13:52

my foundation overall but as you can see

play13:55

on the monthly time frame

play13:57

the whole area was still supported um

play14:00

that's why

play14:01

there's a lot of weak areas around that

play14:02

area just just based off me actually

play14:04

putting those meeting between those two

play14:06

spike areas

play14:07

that gave me my meeting area which

play14:09

actually you could see those are

play14:11

wake points all weak points and that

play14:13

showed me a strong level of support

play14:15

itself

play14:17

on the daily time frame

play14:21

you can see that your line a bit more

play14:23

clear which it guides you as to where it

play14:25

was going overall

play14:27

and if you look right here on the market

play14:29

actually found a level of support right

play14:31

here also for the current market price

play14:34

but when i was actually executing this

play14:35

entire setup right here

play14:38

the first thing i always look at is

play14:40

structure

play14:41

structure structure structure structure

play14:43

structure

play14:44

if you're not looking at structure um

play14:46

when you have to get on charts then

play14:48

you're

play14:48

you're missing out on a major the major

play14:51

major areas of what the market is trying

play14:53

to actually move

play14:54

um people that actually know structure

play14:56

they don't really get faked out because

play14:57

they

play14:58

they know the overall trend of the

play14:59

market on what they're trying to show

play15:00

them

play15:01

and not really falling for all the the

play15:03

unnecessary

play15:04

wakes on unnecessary spikes that kind of

play15:07

[ __ ] because they don't overall trend

play15:09

you know and they know how and a broken

play15:10

trend looks overall also so i mean like

play15:12

once you actually have knowledge of that

play15:14

then you're pretty much good for

play15:15

the future of what the market is

play15:17

actually trying to develop

play15:19

because at a day like market is all

play15:20

about just anticipation like once you're

play15:22

your anticipation is there then you

play15:24

could attack the market

play15:26

in any kind of direction as far as start

play15:27

finishing the market and then actually

play15:29

benefit from it every single [ __ ] day

play15:31

you know and

play15:33

with structure it's all about just

play15:35

locating your lower lows and lower eyes

play15:37

based on the overall trend the current

play15:38

trend that kind of stuff

play15:40

so when i drew this this overall trend

play15:41

which is this um tree liner

play15:43

right here that was giving me my overall

play15:45

trend for

play15:46

that bigger time frame and once i

play15:48

realized that i know the overall trend

play15:49

for that bigger time frame

play15:50

that's helped me let's help me just get

play15:53

over the fact

play15:54

that i won't be confused as to what kind

play15:56

of trend that i'm in

play15:57

an overall move of the entire train so

play15:59

like while i'm looking at this

play16:00

struggling right here i'm looking for

play16:02

lower highs so this right here was a

play16:04

lower high

play16:08

arise

play16:11

low rise lower eyes

play16:18

okay and on the inside

play16:27

also high right here

play16:30

a little higher right back on that level

play16:33

of support

play16:34

okay the main thing that i did

play16:38

the main thing i actually did throughout

play16:40

this whole entire process was actually i

play16:41

was on the lower time frames

play16:42

um i was on those time rooms a lot of

play16:46

this

play16:46

this time right here and me realizing

play16:49

that overall trend was um

play16:50

a downtrend within those areas

play16:53

that means that a level of resistance

play16:55

was right here

play16:56

to some extent i'm i'm always trying to

play16:58

find the meeting area between those

play17:00

wicks

play17:01

when i find a random ass area i always

play17:03

put it on my

play17:04

blue line which is my random line

play17:07

that gives me my my new pound support so

play17:10

whatever the market actually breaks

play17:11

a previous lower high that means that

play17:14

what

play17:15

the market broke structure when a market

play17:18

rate structure

play17:19

what does that mean also that means that

play17:21

you're overall changing your your trend

play17:23

um and when you're training your trend

play17:25

that means that marks is transitioning

play17:26

from a downtrend to uptrend

play17:27

you know and that's very very important

play17:29

um right before

play17:31

you actually put your orders you have to

play17:33

have to know the overall trend because

play17:34

you you don't want to get inside of

play17:35

market and not know like what kind of

play17:37

market am i in

play17:38

a buyer's market sellers market what am

play17:40

i looking at

play17:41

okay and when you're actually looking at

play17:43

trend and structure

play17:44

you have to always make sure that it's

play17:46

actually in your favor based off the

play17:48

current that

play17:48

the current direction that's actually

play17:49

flowing in

play17:52

and um later on also i'm talking about

play17:54

invalid patterns and valid patterns

play17:56

based off

play17:57

based on the current trend that you're

play17:58

actually in um

play18:00

based off of like what patterns are are

play18:02

going to be valid in an uptrend what

play18:03

patterns are going to be invalid in an

play18:04

uptrend what patterns are going to be

play18:05

valid and downtrend

play18:06

what patterns are going to be invalid in

play18:07

a downtrend it all depends

play18:10

um and that's all based on structure

play18:11

also so i didn't they like me seeing

play18:14

that the market actually

play18:15

just broke this previous lower high um

play18:19

asap i pull out my fitness why because

play18:21

once the market finds a level of

play18:22

resistance somewhere up here

play18:24

um and that resistance area can also be

play18:27

based off of

play18:28

previous areas within the market okay so

play18:31

if i go on my line chart right

play18:34

since since i'm on an h4 chart i'm on my

play18:36

line chart what color do i put it

play18:38

green make sure that there's no kind of

play18:40

writing on it

play18:42

and what i'm looking for is the overall

play18:44

area within the market where i actually

play18:45

find the

play18:45

[ __ ] on the spikes which was located

play18:47

like right here

play18:49

um areas like right here like they're

play18:52

all over place so

play18:53

one air right there another area up here

play18:57

those are both considered as h4 sport

play18:59

resistance all based off of these two

play19:01

spikes right here

play19:02

see how the market actually found

play19:03

support right here

play19:08

yellow

play19:11

directly on air when the market found a

play19:13

level of resistance right there so

play19:15

it acted on both sides which is very

play19:17

very important the same way how acted on

play19:18

right here

play19:20

that has a level of support right here

play19:22

it acted as a level of

play19:24

resistance right here

play19:27

so that tells me that that market

play19:29

overall have an indecision level based

play19:31

off of that price

play19:32

um which means that every time the

play19:33

market touches that certain price it

play19:35

acts very very crazy

play19:36

which means that the market kind of

play19:38

slows down trying to figure out like

play19:40

where do i want to go now you know

play19:41

saying like

play19:41

this buyer is going to come in this cell

play19:43

is going to come in like what's going to

play19:44

happen

play19:45

so it tries to reject the force amount

play19:46

of time and then go back down to a level

play19:48

of support where i actually found

play19:51

um a major major

play19:54

then why does why is this here how about

play19:58

take this off

play20:01

and try to find that that next major

play20:03

level of sport where mark was not trying

play20:05

to actually

play20:06

pass through so if i'm looking at

play20:09

this area right here where i actually

play20:10

started analyzing earlier

play20:12

first thing i'm doing is pretty much

play20:14

getting my fibs point a to point b

play20:16

which is the top point to low point

play20:18

which is a low to

play20:20

high on an uptrend a high to a low on a

play20:22

downtrend so like in this area i'm

play20:24

moving from the lowest point

play20:25

to the highest point okay and all and

play20:28

it's all based off move

play20:30

this right here is a push so here's a

play20:31

pullback so right here's a push

play20:33

it's a pullback so right here's a push

play20:35

so there's a pullback so there's a push

play20:37

pull back push pull back push you know

play20:39

right now the marks on

play20:40

a little bit of pullback right now also

play20:43

so some people always um try to ask me

play20:44

like why can't i put it here you know

play20:46

like

play20:46

remember it's all about preference like

play20:48

both ways would have still been valid at

play20:50

any day also

play20:51

for me like i like to just keep it at

play20:53

the previous lowest point at the major

play20:54

major

play20:55

lowest point to the major major highest

play20:56

point which is right here based off a

play20:58

structure

play21:01

and when i mean that i mean this is how

play21:03

a structure looks

play21:04

you have uptrend downtrend i mean

play21:06

uptrend counter trend uptrend counter

play21:08

trend uptrend counter trend

play21:10

so all these counter trends all these

play21:11

little little moves for when the market

play21:13

what was backing off and trying to bring

play21:15

sellers in the market

play21:16

it only tries to bring sellers in to

play21:18

made overall market balance

play21:20

if you're in a buyer's market for 10

play21:23

12 13 days it's gonna have counter

play21:26

trends and because sellers are gonna try

play21:27

to come into the market and try to

play21:28

actually

play21:29

make their currency a bit stronger so

play21:32

this whole entire time

play21:33

the usd was getting stronger because the

play21:35

usc is the first pair which is the usbj

play21:38

the main pair which is usd is going to

play21:40

always take value as

play21:41

the market is going up when the market

play21:43

is going down that's increasing the

play21:44

value of the jby pair which is the

play21:46

secondary pair

play21:48

which is decreasing the value of the usd

play21:50

so this main chart

play21:52

overall as one is for usd

play21:55

but on the opposite end jpy benefits off

play21:58

of it as the market is actually going

play22:00

down

play22:01

you know so like it's like it's always

play22:02

two sides of the story that's why you're

play22:04

able to make profit off both sides to

play22:06

buy and

play22:06

sell when you're actually trading forex

play22:11

um give me more seconds

play22:20

okay so the main thing that i've seen

play22:23

within this whole whole entire thing is

play22:25

that the market fully fully tapped 61.8

play22:28

overall it was sitting structure

play22:29

at 50 50 is not considered as a level of

play22:34

of a prc level for me but i mean it it's

play22:38

on your fibonacci so it's still

play22:39

considered valid and you can use it for

play22:41

expansion levels also

play22:43

so whoever wants to write this down um

play22:46

real quick check out take out some

play22:49

pending pencils

play22:50

[Music]

play22:52

pretty much like i have my notebook i

play22:53

told everybody every single day that um

play22:55

notes are very very important to trading

play22:58

um

play22:59

you know like despite how long i've been

play23:01

trading you know like i still take notes

play23:04

you know like but personally i do want

play23:06

to fill up this freaking book right here

play23:08

and just make this book be valuable as

play23:10

[ __ ] honestly

play23:11

that's my goal but overall like i never

play23:14

really stopped taking notes

play23:15

notes are very very important always

play23:16

have your fibonacci books i mean your um

play23:19

books keep in mind like i have multiple

play23:22

books like there's multiple books

play23:23

you know there's all over the place

play23:26

every single thing

play23:27

having to do with forever and profit is

play23:29

gonna have a bull on it

play23:31

they're everywhere like they're

play23:33

everywhere so i mean um

play23:36

at any day like this right it's very

play23:37

very valuable so

play23:40

fibonacci expansions

play23:44

okay with within running expansions

play23:46

everybody knows that there's always a

play23:47

point at point b when you're using your

play23:49

fib itself um

play23:50

based off of like what i taught you guys

play23:52

inside the previous videos

play23:54

so point a is going to be your lowest

play23:56

point if you're on uptrend

play23:58

point b is going to be your highest

play23:59

point if you're on a yeah

play24:01

point b is going to be on a higher high

play24:04

ground

play24:04

up train and at a higher low or a low

play24:08

on uptrend all right all right point a

play24:11

is going to be

play24:12

a low or a higher low on an uptrend your

play24:15

point b is going to be a higher high

play24:18

on uptrend to measure the count trend

play24:20

got it

play24:22

so what you're measuring on fibs overall

play24:25

is you're measuring counter trends

play24:26

that's what all fibs are like fibs

play24:28

you're literally all you're measuring is

play24:29

counter trend based off the current

play24:31

trend if i'm on a downtrend i'm only

play24:33

measuring

play24:33

when the market actually goes against

play24:35

that downtrend you know like that's what

play24:36

you

play24:37

you're measuring that's what appears the

play24:38

levels of four are four are called price

play24:40

reversal zones

play24:41

so the market itself has to stay under a

play24:44

hundred percent

play24:45

if it wants to stay in between structure

play24:48

okay

play24:48

so if you're in the market right the

play24:50

market has

play24:53

it could drop let me draw a little

play24:56

example real quick

play24:57

the written uptrend right the market can

play25:00

retrace

play25:01

all the way down here as long as it

play25:04

doesn't break this previous level of

play25:05

support

play25:06

then it hasn't broken structure which

play25:08

means that it still has um

play25:09

it's still valid to go on the uptrend

play25:12

okay at times the retrace can be very

play25:15

very

play25:15

small like like this and then go up

play25:19

i thought it could be large like this

play25:21

actually my bad

play25:23

that's broken it can be up like this go

play25:26

small like this

play25:27

and it bounces off like that but once it

play25:30

breaks a previous

play25:31

lower high and goes against it that's

play25:33

when it broke structure which means that

play25:34

you're looking for

play25:35

lower lower highs and lower lows beyond

play25:38

that starting the downtrend but

play25:39

everything has to be valid so even

play25:42

though it broke like right here first it

play25:44

wouldn't be valid up until

play25:45

the market actually comes back up you

play25:47

put on your flips from a high point to a

play25:49

low point

play25:50

and you're measuring this kind of trend

play25:51

based off of like where actually i found

play25:53

next

play25:54

so based off of the new lower high that

play25:56

it created once it broke structure

play25:59

that gives you validation for that

play26:00

downtrend so you chill so you're looking

play26:02

for the market to actually come back up

play26:03

to retrace

play26:04

up to a prc level and then continue

play26:06

based off of like where it was going

play26:08

just off of you knowing that it broke

play26:09

structure okay

play26:13

let me open yourself this real quick

play26:33

all right so pretty much like what i

play26:35

seen with jpy

play26:37

um it was just based off all the

play26:39

examples that i'm going to give you guys

play26:40

like right now

play26:41

um so with fibs overall you have to know

play26:44

your phd levels

play26:46

23.6 is not really considered as a

play26:47

prison level but i've seen

play26:50

um that

play26:52

the market actually it doesn't get

play26:54

enough sellers it was an

play26:56

uptrend to actually take off so it goes

play26:58

to that

play26:59

first retracement which is going to be

play27:00

23.6

play27:02

at times it doesn't have enough of the

play27:05

opposite

play27:06

market to actually go all the way down

play27:08

to 38.2 which is

play27:10

what happens you know but if it does

play27:11

have enough

play27:13

um for example like if i'm on an uptrend

play27:15

and it creates enough sellers it'll go

play27:16

to 30 points so you know

play27:18

if it doesn't or like it's gonna retrace

play27:20

very very slightly

play27:21

and then keep on pushing up because

play27:22

there's too many buyers in that market

play27:24

or

play27:24

too much momentum flowing in a certain

play27:26

direction

play27:27

um which can show you a lot about like

play27:30

the overall like

play27:31

the trend itself and

play27:35

the way how actually capitalized off of

play27:36

this was just knowing

play27:38

rejections also so when it comes to

play27:41

fibonacci expansions fibonacci expenses

play27:42

are going to be like right here

play27:44

um it's a three-step process the way how

play27:47

you draw them

play27:48

is you put it from your

play27:51

0.8 on your fibs which is going to be at

play27:54

your 100 line on uptrend

play27:56

all the way up to your zero percent

play27:58

which is your point b on the uptrend

play28:01

and then down to where the market found

play28:04

a level of support

play28:05

based off of physics right here it

play28:07

respected where

play28:08

what um it respected

play28:12

to why isn't with respect to 50

play28:16

which means that off of expansion levels

play28:19

that's going to be considered as a 200

play28:20

percent um

play28:23

200 expansion which is all the way up

play28:26

here which was that was the area

play28:28

for your target which is going to be a

play28:31

yellow line right here

play28:36

i i wish i had my old markup i probably

play28:38

can't i probably see it

play28:40

i had this area like marked off

play28:42

literally

play28:43

so long ago um

play28:46

like this right here was my my first

play28:48

light went to this yellow line

play28:49

these were all targets and everything

play28:50

just based off of like me analyzing this

play28:52

is like my overall um

play28:55

as you can see i do a lot of technicals

play28:57

you know i do a lot of tentacles

play28:59

hold on give me one second

play29:14

i do a lot a lot of technical so there's

play29:16

a lot of knowing how structure works

play29:18

knowing how your chart line works

play29:19

knowing how

play29:20

what's valid what's not wasn't valid

play29:21

there's a lot of written work it's

play29:23

and so new people this might look crazy

play29:24

as hell but once you actually learn like

play29:26

what you're doing and what you're

play29:27

looking at then

play29:27

it's going to be solid so me seeing that

play29:31

the first retracement in my mind this

play29:32

right here is all based off of the first

play29:34

retracement so

play29:34

once i see the market breaks break that

play29:36

level of

play29:37

resistance which was previous um a

play29:39

previous lower high

play29:40

that shows me that the market just broke

play29:42

stroke so like overall structure was

play29:43

broken

play29:44

right here let me get my arrow

play29:50

structure was broken based off of what

play29:53

this can be right here

play29:55

okay

play30:02

broken structure remember um

play30:07

they you have tested candles and brown

play30:08

candles if you if you're if you're

play30:10

looking at a tested candle

play30:11

the market literally hits a level of

play30:13

resistance or close on the level of

play30:15

resistance and the opposite and the

play30:16

candle after it

play30:17

takes that opposite direction which

play30:19

means that it's respecting that area

play30:21

when a candle is broken it forms on a

play30:23

level of resistance and that next candle

play30:25

after it

play30:25

keeps on going within the same direction

play30:27

that shows you that validation that

play30:28

market actually broke structure

play30:30

um and that it actually is pushing and

play30:31

it's broken that level of resistance

play30:34

so me seeing that it broke uh previously

play30:36

lower high structure was broken

play30:38

so what am i looking for now i'm looking

play30:40

for the mark to actually find a level of

play30:41

resistance which i could draw my fibs on

play30:43

which was my point in point b

play30:44

point a point b right here and i'm

play30:46

measuring the counter term remember

play30:48

in the uptrend you're all you're doing

play30:49

very encounter trends with your fibs

play30:51

so the market itself came all the way

play30:53

down to 61.8 which was a prc level which

play30:55

was which means that the lowest point

play30:57

was 61.8

play30:58

but the market found structure

play31:01

at 50 percent which was considered as my

play31:07

higher low point which was right here

play31:11

that was considered as a higher low so

play31:13

this whole time that

play31:15

this is where my foundation of the

play31:16

market that i'm going to be based off of

play31:18

as far as like my projection and so on

play31:20

it's all based off that first move one

play31:22

structure is broken

play31:24

okay so once i realized that

play31:27

um i had i had the projection all the

play31:31

way up there but

play31:32

as far you know like at any day like i

play31:34

have to get through

play31:35

all this to get to 200 so it's all about

play31:38

maintaining your order

play31:39

and trading you the hardest thing is to

play31:41

maintain your order throughout the

play31:42

entire time because

play31:43

you're watching the kind of trends

play31:44

you're monitoring the common trends

play31:45

you're analyzing this you're analyzing

play31:46

that it's so much going on

play31:48

up until it actually gets to your on

play31:50

projection which is

play31:51

for ourselves so with fibonacci

play31:54

expansions

play31:55

um if the market

play31:59

if the market retraced at 38.2

play32:02

you're looking for the projection based

play32:04

off extensions

play32:06

to be 224 through

play32:09

261 percent 261.8 percent

play32:14

if the market found structure at 50

play32:18

your projection is 200 if the market

play32:21

defines

play32:22

um structure at 61.8 your

play32:26

projection is what 161.8 percent

play32:30

okay if the market finds structure at

play32:34

70.7 percent the projection is 141.4

play32:39

if the market defines support i mean

play32:41

structure at 78.6

play32:43

the projection is 127 percent if the

play32:46

market finds structure at 88.6

play32:49

that means the um projection is 113

play32:54

so at the end of the day you have to

play32:57

pay attention to like where the mark

play32:58

actually finds its fights where it

play33:00

actually finds support

play33:01

everything everything is is valid okay

play33:05

so beyond that

play33:09

i always have once i have my point and

play33:12

point b

play33:13

um off anything i could always like

play33:17

actually help predict the future of the

play33:19

market as far as the projection of the

play33:20

entire market

play33:21

um i always try to like see if i can

play33:24

find a level of trend line within this

play33:26

whole entire zone

play33:27

um i think i found a trail line

play33:28

somewhere over here everything is

play33:38

in a moment so

play33:45

where did i draw that trendline

play33:58

yeah that i think was right i can't i

play34:00

can't remember it was there or not

play34:02

children are very subjective you have to

play34:04

like literally draw them on certain time

play34:06

frames

play34:07

and if you draw them on the incorrect

play34:08

time frame or incorrect wick

play34:10

incorrect weight too wick then it's

play34:11

gonna get thrown off completely but i

play34:13

think i drew her i'm not even sure

play34:14

honestly

play34:16

but um overall if i did draw there

play34:19

um i would look forward to actually make

play34:21

higher lows on the those entire areas

play34:23

but um as the market was flowing up as i

play34:26

likely trade in the market like

play34:27

every single day i'm only looking for

play34:29

certain patterns and certain trends to

play34:31

make it valid

play34:32

so i can i can actually capitalize off

play34:34

of it actually when it's actually

play34:35

flowing in my

play34:36

favor um and these patterns were like

play34:40

this

play34:40

one let me find a few

play34:44

i'm trying to find when i was on the

play34:46

house

play35:00

okay okay

play35:02

the main thing that i look for in

play35:04

uptrend um and it's just

play35:06

remember like in time i'm just learning

play35:08

more i don't know everything

play35:10

but on what i do know you know it makes

play35:11

me money so

play35:13

that's it you know but um in an uptrend

play35:17

right only valid patterns i look for

play35:20

are going to be um bulletin global

play35:23

patterns

play35:24

and bulletin golfings

play35:28

overall even when it comes to like let's

play35:30

say if i see

play35:34

things that look like this like doji

play35:36

type like you know morning stars and

play35:37

everything

play35:38

if the market plays a doji

play35:47

i don't really count this i exit out

play35:50

exit out x out

play35:52

and i just put those two patterns that

play35:53

was on the left side and right side

play35:55

together

play35:56

that gives me my pattern

play35:59

okay whatever that gives me my pattern

play36:03

for what for what i'm looking for

play36:04

so so in uptrend i'm only looking for

play36:06

bullets and golden patterns which was

play36:08

right here right here

play36:12

um and so those are my entry areas for

play36:15

in or when i'm in the market

play36:16

and these areas are going to be located

play36:18

on higher lows only

play36:20

so when i'm seeing a version going

play36:21

pattern and uptrend that's considered as

play36:23

invalid in my opinion

play36:25

um and i wouldn't really take those

play36:27

because

play36:28

that's all the counter trend that's all

play36:29

short-term stuff

play36:32

so the only thing i'm really looking for

play36:34

is going to be

play36:35

[ __ ] golfings in a downtrend i'm

play36:38

only looking for bears and golfing

play36:39

because they're gonna be located on

play36:41

um lower high points so

play36:45

in a downtrend

play36:48

the version going patterns i'm looking

play36:50

for is gonna be located on lower eyes

play36:51

which also which means that you have to

play36:53

put on your fibs

play36:54

um once more could find a level of

play36:56

resistance at a prc level

play36:58

i'm looking for more to actually create

play37:00

a can of reverse pattern around that

play37:01

range

play37:02

and go within my favor but it has to

play37:05

make a bearing pattern

play37:07

bearish engulfing just says that sellers

play37:09

are in control

play37:10

and the buyers are slowed down okay so

play37:13

it could be

play37:13

an encounter in the entire time but

play37:15

within that whole counter trend

play37:17

the market is not creating um

play37:20

embarrassing patterns you know zen it's

play37:23

not it's not going to create it

play37:24

so if you look like like right here for

play37:27

example

play37:28

it's right here it was an uptrend right

play37:29

the whole entire time the market's not

play37:31

creating any kind of bearish global

play37:32

veterans

play37:33

the entire time up until right here

play37:36

bottom cell right or in control you

play37:38

could have gotten right here seem a

play37:39

little bit drawdown but also

play37:41

wiping right here also bomb lower high

play37:44

but

play37:44

also that is a bearish golfing so that

play37:46

shows you that sellers are

play37:48

already either way it goes depending on

play37:50

what kind of trader that you are

play37:51

um if you know the overall trend or the

play37:53

the short term trend

play37:55

you could have gotten based off of that

play37:56

pattern right there once again version

play37:58

golfing bomb

play37:59

seller already control entry right there

play38:02

entry

play38:02

right here version golden pattern bum

play38:05

close

play38:06

you know what i'm saying throw it in

play38:10

let it ride out and go from there and

play38:12

that's all for you knowing the

play38:14

overall trends if you don't know the

play38:15

overall trend you can't even execute

play38:17

these orders

play38:18

these orders on low time frames you have

play38:19

to know the overall trend

play38:21

so you're aware of if you're in the

play38:23

counter trend or maybe in the current

play38:24

trend if you're in the counter trend

play38:26

you're not going to keep that that um

play38:28

that trading for too long because

play38:30

it's short it's it's not flowing with

play38:32

the overall training

play38:34

so what i was looking for the entire

play38:35

time that the market was flowing in my

play38:37

favor was i'm looking for higher low

play38:39

points

play38:39

um and i'm looking for bulletin patterns

play38:41

on low time frames

play38:43

you know and me knowing structure on how

play38:45

structure plays out

play38:46

the market couldn't have couldn't of

play38:49

broke a previous higher low and then

play38:53

me seeing that it never ever broke a

play38:56

higher low point so it was still an

play38:57

overall trend

play38:58

so every single time that market

play39:00

retraced i was literally getting in

play39:02

based off of those [ __ ] golfing's

play39:03

based off of those kind of trends you

play39:05

know and it's sweet

play39:06

it's sweet because it's giving you that

play39:10

like the capability of upping your

play39:12

laptop a bit more

play39:13

just capitalize off a bit more also but

play39:15

overall you have to

play39:17

you're analyzing the entire time that

play39:19

market is flowing

play39:20

you know and as you're doing that you're

play39:22

not really catching any kind of like

play39:24

like fake outs or stuff like that

play39:25

because you know the overall trend

play39:27

itself if

play39:28

it's overall an uptrend i'm looking for

play39:30

only bullish moves you know and as you

play39:32

can see on the monthly time frame

play39:34

i had a big-ass bullish candle on the on

play39:36

the daily time frame i had a big-ass

play39:37

bullish candle so why would i try to go

play39:40

against it

play39:40

it doesn't make sense though you know in

play39:42

a monthly timeframe

play39:44

it's a big-ass bullish candle so it was

play39:46

it was a bullish on the month

play39:47

the monthly time frame well i'm really

play39:49

looking for sales too much

play39:51

plus me seeing that month is what

play39:54

it's saturday the 15th which means

play39:58

if 15 days go by and this still stays

play40:01

above

play40:01

this candle right here the market's

play40:04

going bullish

play40:05

it's going in a bullish trend you know

play40:07

because that's [ __ ]

play40:08

pattern

play40:11

downtrend which found a level of support

play40:14

which showed you that this market was

play40:15

still staying consistent this entire

play40:17

time

play40:18

one two three four five months of level

play40:21

of support it might be time to take off

play40:25

you know and this is the waiting game

play40:27

right here so i mean at end day guys

play40:29

it's all about patience it's all about

play40:32

patience

play40:36

so i mean that is what kind of guided me

play40:38

for this entire

play40:40

method right here and as the market just

play40:42

kept on going up keep on going up i kept

play40:43

on analyzing analyzing analyzing

play40:46

when it actually found a level of

play40:47

support a level of resistance

play40:49

that gave me my areas to do what i do

play40:52

also

play40:53

once again 88.6 what's the prc levels

play40:55

70.6 what is the prc level

play40:57

what am i looking for

play41:01

right here what is this the [ __ ]

play41:03

pattern which shows you

play41:04

that when this mark was going down all

play41:06

right remember keep

play41:08

always look at it kind of like a

play41:10

business on this kind of trend you would

play41:12

never see

play41:12

a bulletin building pattern why because

play41:14

buyers are not in control in an

play41:16

accounting trend that

play41:17

doesn't make sense sellers have to come

play41:18

in control to a certain extent

play41:20

as long as it's not breaking this low

play41:22

right here i'm so good you know i'm

play41:23

saying

play41:23

the prc levels are going to hold me up

play41:25

if i'm in on a certain kind of training

play41:27

so when the market actually slowed down

play41:29

consolidated right here

play41:30

once it found that buyers are in control

play41:33

and it's

play41:34

over and it's bigger than a bearish goat

play41:35

pattern entry is literally

play41:39

right here

play41:42

that's it that's your entry point bomb

play41:45

and you take it up

play41:46

you know i'm saying like every single

play41:47

time so every single move that happens

play41:49

you're actually taking advantage of it

play41:50

just based off of you knowing structure

play41:51

and how structure forms

play41:53

and um you see in that um let's see if

play41:57

we can get an expansion level for this

play41:59

also so

play42:01

if the market retraced at what 88.6 or

play42:04

78.6

play42:04

the projection for that based off of um

play42:07

the retracement is going to be 127 off

play42:11

off 78.6 and 113 based off of 88.6 so

play42:15

your point a your point b and your point

play42:18

is going to be where the market found a

play42:19

level of support or bound structure it's

play42:21

going to be probably right here

play42:24

so um what was it

play42:28

okay so if i put it right here then

play42:32

i found structure at this yeah it found

play42:34

structure at

play42:36

eight point six percent and what did i

play42:37

say about eighty point six percent

play42:38

eighty eight point six percent

play42:40

it's giving you a one thirteen percent

play42:42

um

play42:43

projection which is going to be right

play42:45

here

play42:46

based off of expansions okay

play42:50

if it was one thing up as far as if the

play42:52

market found a level of support on 70.6

play42:54

that it would have been at 127 but since

play42:55

the structure

play42:56

um stayed between these areas

play43:00

78.6 that 113 is your projection area

play43:03

which is literally a [ __ ] ton of pips

play43:06

which was probably

play43:07

let's say from here to here one hundred

play43:10

and

play43:13

168 pips which is a [ __ ] ton of pips

play43:16

which is one thousand six hundred eighty

play43:18

two dollars on a standard lot which is

play43:19

crazy

play43:20

but it's all about just overall like

play43:22

knowing how to analyze the market from

play43:23

all kind of angles

play43:25

and um make men for you dramatically you

play43:27

know but

play43:28

um always be ready

play43:31

to take action on the market don't chase

play43:34

the market just blow the market

play43:36

um don't chase the market let's react to

play43:39

what the market shows you

play43:40

and then go from there but um hope you

play43:43

guys

play43:44

enjoy the video and be forever in profit

play43:48

and if you guys are in wall street

play43:50

academy trust me like one of the

play43:52

the best decision everything i ever done

play43:54

was actually to open up the

play43:56

focus group which is what is wall street

play43:58

academy which is also

play43:59

a subgroup of foreign profit

play44:03

so the difference between framework and

play44:04

walsh academy um people always

play44:06

get this confused um is that

play44:10

foreverprofit's overall brand as you can

play44:12

see nothing says wall street academy

play44:15

nothing says wall street walsh academy

play44:17

is just a subgroup um

play44:19

of the main group so i promote the main

play44:22

group which is monthly my group

play44:24

um and

play44:27

everything under it is is representing

play44:29

the overall brand which is still

play44:30

forever and profit you know like sub

play44:32

groups can form under all day

play44:34

but i'm the only subject under it so at

play44:36

any day like guys

play44:38

if you guys do want to get on welsh

play44:39

academy which is the focus group which

play44:40

has all my material all my

play44:42

mentorship material extra all my all the

play44:45

webinars i've ever recorded

play44:47

all that stuff is going to be on ultra

play44:48

academy you know what i'm saying um

play44:51

so hope you guys enjoyed confluence 2.5

play44:53

this is probably the [ __ ] longest

play44:54

video that i've ever done like a webinar

play44:57

um but hope you guys enjoyed it hope you

play44:59

guys gain knowledge from it

play45:01

and yeah um make sure you guys follow me

play45:04

also

play45:05

on instagram qbanks on facebook um

play45:09

facebook.combackslash mcaq and yeah

play45:13

peace out guys

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