just copy this, don't even think, this is how you trade
Summary
TLDRThe video script discusses a systematic approach to trading, emphasizing the importance of patience and discipline. It details a strategy for identifying and following market trends, using price action to determine entry and exit points. The speaker urges viewers to avoid the common pitfalls of frequent trading and instead focus on clear, well-defined setups that align with the market's structure. The script provides a step-by-step walkthrough of a trading plan, highlighting the significance of understanding market context and sentiment to maximize returns and minimize risks.
Takeaways
- π Consistent Trading: The speaker emphasizes the importance of following a consistent trading system and strategy until it fails or the market conditions change.
- π‘ Building Net Worth: The script encourages traders to use the discussed system to build up their net worth or to start with a funded account.
- π€ Patience and Discipline: It highlights the need for patience in trading, waiting for the right setup and not forcing trades when the market is unclear.
- π Market Sentiment: The speaker talks about using tools like the sentiment viewer to gauge market sentiment, which can help in making trading decisions.
- π« Avoiding Random Trades: The script advises against trading randomly and instead focusing on clear market moves that align with the trader's strategy.
- π Handling Losses: It's mentioned that losses are part of trading, and traders should be prepared to take them when trades don't go as planned.
- π Stage One and Two: The concept of stage one and stage two in market movements is discussed, indicating the importance of recognizing these patterns for trading opportunities.
- π Surfing the Market: The term 'surfing' is used to describe riding the momentum of the market's movement, either upwards or downwards.
- π Technical Analysis: The script includes detailed discussion on using technical analysis tools like the SMA (Simple Moving Average) and price action to make trading decisions.
- πΌ Risk Management: The importance of risk management is stressed, including setting stop losses and taking profits to protect and grow capital.
- π Trade Management: The speaker provides insights into how to manage trades once entered, such as moving to break even and trailing stops to maximize profits.
- π Key to Success: The script concludes with the message that patience, discipline, and following a proven system are keys to success in trading.
Q & A
What is the main focus of the speaker in the video script?
-The speaker focuses on a trading system, emphasizing the importance of understanding and following it to build net worth or a funded account.
What does the speaker advise against doing in trading?
-The speaker advises against following anything else besides the discussed system, paying for unnecessary services, and trading without a clear understanding of the market context.
What is the 'three candle rule' mentioned by the speaker?
-The 'three candle rule' is a trading strategy the speaker uses, where they look for strength in the market after three candles have formed, potentially signaling a continuation of the trend.
What is the significance of the 'clear market' concept in the speaker's trading approach?
-A 'clear market' refers to a market with well-defined trends and patterns that the speaker can identify and trade with confidence, avoiding random trades that lead to losses.
What does the speaker mean by 'surfing' in the context of trading?
-In this context, 'surfing' refers to the price action moving along with a particular trend, such as a rising 10 or 20, indicating a potential area of support or resistance.
What is the importance of 'tightness' in the speaker's trading strategy?
-Tightness in price action is important as it indicates a potential area for price to break out or reverse, providing a clearer entry point for trades.
What does the speaker suggest doing when there is no clear trading opportunity?
-The speaker suggests waiting patiently for a clear trading opportunity to arise, rather than forcing trades in unclear market conditions.
What is the role of 'validation' in the speaker's trading strategy?
-Validation refers to confirming the market's direction and potential entry points through the analysis of price patterns and trends on different time frames.
How does the speaker manage trades once they are entered?
-The speaker manages trades by moving the stop loss to break even after initial strength is shown, and then trailing the stop with a rising 10 or 20 to lock in profits if the trade continues in a favorable direction.
What is the speaker's view on the importance of patience in trading?
-The speaker emphasizes that patience is crucial in trading, as it allows traders to wait for high-probability setups and avoid getting involved in every market movement, which can lead to random and often losing trades.
What is the 'EVC' the speaker refers to and how does it apply to trading?
-EVC likely stands for 'Entry, Validation, and Context,' which is a trading methodology the speaker uses to identify entry points, validate the market direction, and understand the broader market context before making trades.
Outlines
π Trading Strategy Continuation
The speaker revisits their overall trading plan, emphasizing the importance of following a system that has been proven to build net worth or fund trading accounts. They encourage viewers to focus solely on this system and not be swayed by other trading methods or paid services. The speaker then discusses the continuation of a previous trade, detailing the strategy of moving to break even and considering partial exits based on market strength. They demonstrate how to adjust visibility settings on trading charts and explain the process of trailing stops with a rising 10-minute moving average. The goal is to manage trades effectively until the rules can no longer be followed, highlighting the importance of patience and adherence to trading rules.
π€ Waiting for Clear Market Moves
The speaker discusses the importance of waiting for clear market moves before entering trades. They explain that traders should look for well-defined patterns and avoid impulsive actions. The speaker also talks about the concept of 'surfing' a rising 10 or 20-minute moving average, which indicates a strong market trend. They emphasize the need for patience, as traders should only enter trades when there is a tight range and a clear setup. The speaker also mentions the importance of managing trades by moving to break even and using the EVC (Every Volume Cluster) rule for potential partial exits. The focus is on avoiding forced trades and ensuring that each trade aligns with a trader's strategy and risk tolerance.
π Analyzing Market Structure and Demand
The speaker delves into the analysis of market structure, focusing on demand and supply interactions. They discuss the importance of identifying clear setups and managing trades based on market movements. The speaker uses the example of a failed setup and explains how to adjust strategies accordingly. They highlight the need to protect capital and wait for high-probability trades. The speaker also discusses the concept of 'surfing' above a moving average and the importance of recognizing when the market is likely to move in a particular direction. The emphasis is on understanding market dynamics and making informed decisions based on clear market signals.
π Capitalizing on Market Opportunities
The speaker continues to discuss the importance of capitalizing on market opportunities by identifying clear and tight ranges that signal potential trades. They explain the process of setting up trades through highs and managing them with stop losses based on moving average positions. The speaker emphasizes the need for patience and the importance of not forcing trades. They also discuss the concept of 'surfing' with rising 10 and 20-minute moving averages, indicating a strong market trend. The speaker highlights the importance of managing trades to break even and waiting for the right moment to take profits. The focus is on understanding market movements and making strategic decisions to maximize profits while minimizing risks.
π Trading in a One-Sided Market
The speaker concludes by emphasizing the importance of trading in a one-sided market and executing trades patiently. They discuss the need to identify clear market trends and avoid trading on every piece of action. The speaker highlights the importance of following a proven trading system and not getting swayed by random market movements. They also discuss the results of trading over the last three days, demonstrating how a consistent approach can lead to positive returns. The speaker encourages viewers to be patient, wait for the right setups, and execute trades with discipline. The focus is on understanding the market context and making strategic decisions that align with a trader's overall strategy.
Mindmap
Keywords
π‘Trade Plan
π‘Lower Time Frame
π‘Price Action
π‘Break Even
π‘Partialing
π‘Sentiment Viewer
π‘Stage One and Stage Two
π‘Validation
π‘Entry
π‘Stop Loss
π‘Patience
Highlights
The speaker emphasizes the importance of understanding and using a specific trading system to build net worth or a funded account.
Traders should follow the same context repeatedly until it fails or the desired moves no longer deliver.
The speaker discusses moving to break even and considering partialing on trades in the event of more strength.
The importance of patience in trading is highlighted, waiting for the right setup before entering a trade.
The speaker explains the use of a three-candle rule in trading and how it influences the decision to partial a trade.
Discussing the strategy of waiting for a down candle to close before taking action in a trade.
The concept of 'clear markets' and the importance of recognizing them for successful trading is explained.
The speaker advises against trading in a choppy market unless there is a clear setup.
The importance of managing trades and the strategy of moving to break even when the market shows strength.
The speaker discusses the use of the hourly chart to identify larger stage one and stage two in the market.
The concept of 'surfing' in trading, where the market moves impulsively in one direction, is explained.
The speaker explains the importance of not forcing trades and waiting for the market to prove its direction.
Discussing the use of a six-minute chart for validation and how it can indicate potential moves in the market.
The speaker advises on waiting for a clear move before entering a trade, emphasizing the importance of patience.
The concept of 'buy stopping' above a high and the strategy behind it is explained.
The speaker discusses the importance of managing risk and being prepared to exit a trade if it fails.
The strategy of waiting for a market to make clear moves before trading, rather than reacting to every fluctuation.
The speaker emphasizes the importance of executing trades patiently and not being part of the crowd that trades randomly.
Transcripts
Okay so yesterday we left off on our
overall trade plan and looking at a
lower time frame based trade plan right
here this is actually where we left off
and actually before we continue here's
that same video the one where I'm
literally begging you guys begging you
to use this system truly understand it
don't really follow anything else don't
pay for anything if you don't want to
and just use this system and this
understanding to build up your net worth
or to build up your first funded account
to start getting funded and I did that
for 2 days in a now and today I want to
continue in the event that the price
action actually continues because as you
know what we do as Traders is we simply
follow the same context over and over
and over again until the context either
fails or the moves that we're looking
for no longer deliver right because
that's literally what makes a Trader you
find things that are moving well you
follow the things that are moving well
and then you keep following them if they
continue moving well and you make money
from them here's gold it hasn't really
changed the overall screener and for the
Free People the sentiment viewer has
remained to be the same so this is where
left off and I told you guys we'd be
moving to break even and we would
consider partialing on this in the event
that we saw some more strength come in
so we could partial into the validation
and then keep going from there so all
we're going to do is we're going to pick
back up from where we were and we're
just going to keep following the rules
until we can no longer follow the rules
anymore what I'm going to do is I'm
going to make this around 30% because I
don't like seeing it or being in my way
um I just like to see it very faintly
okay so this is where we left off and at
the moment as you guys remember we
didn't look to take any partials yet and
this was from yesterday this was the day
day before and all these videos were
uploaded working you through it and
showing you exactly how my team
personally traded it as well so we look
for a little bit of strength and that's
all we do first and right now we don't
really get anything so we wait until it
comes back or until it starts pumping
higher now because I do have that three
candle rule we kind of have this one two
and maybe if a little bit more strength
comes in we can partial but what I'll do
is I'll actually partial because of the
fact that we've been in this trade for a
while and often times my rule is met in
the first few candles so happily partial
this at 3.34 which puts us at around 1
Point well here we go again
3.34 at 1.67 so plus 1.67 and the rest
very Simply Now gets trailed with a
rising 10 so what I'm going to do is I'm
actually going to turn this on and put
it on for minutes up to the 6 minute
just like this and I'm going to turn
this one and make the visibility on this
one a one minute up to like three so we
can just see it on the one minute okay
perfect so we should see the SMA is not
great and again now we will Trail now
that the strength has finally come in
with the rising 10 we'll see if we can
do that and see what happens so you can
see if we waited a little bit we would
have gotten a better trade but that's
okay waiting for a down candle to close
this thing
out and yeah just waiting for it to
close below this thing right now and
there we go looks like we got a close
Okay we get to close right there about
3.68 so we get
3.68 over two putting us at plus 1.84
and subsiding that trade and then we go
back to square one where we basically
take a look at the context the
validation and then the end entry to
find if we can take another trade so at
the moment we know the context is very
very likely to be clear as per this area
we spoke about yesterday it's coming out
of some larger stage one and starting a
stage two and if we look at the hourly
we're going to see exactly that
represented right we had this longer
term stage one stage one and now you're
in clear stage two you're actually
moving in a very very heavily delivering
stage two so we'll just keep that in
mind as we keep going but theoretically
the six minute starts making a nice push
higher we should start to see setups now
if we take a look at this you've already
had a setup here a setup here kind of a
low-key setup here so really this is
this wants to pull back deeper and then
maybe make a setup around here or wants
to pretty much fail down and then set up
a new move again just like we saw here
just like we saw back here every single
day because the market doesn't do
anything new all it does is it repeats
clear moves on Clear markets and the
problem with a lot of Traders is waiting
for the clear moves and most importantly
knowing when there's a clear Market a
lot of people will trade anything I
teaching you not to do that so we wait
again we wait for a clear move to come
in we wait for a clear surface this is
starting to do what we want to see right
so you can see it starts to kind of
serve higher starts to put in a little
bit of a tight range so this is really
good because now if we can start to
validate higher that should produce an
opportunity for an entry but as this is
happening as you might as you might see
right we've had clean moves prior very
clean moves when it moves when it moves
higher and then goes sideways and moves
higher and goes sideways and moves
higher it tends to do so very
impulsively most recently when it's
moved sideways and moved higher moves
sideways and moved higher it started to
chop around more it has become more
choppy and as a result the expected
stage ones and twos are likely to also
deliver more choly right this may not
make a move like this it may just go up
a little bit so that's something to keep
in mind because that instantly removes
the the high likelihood of a better
trade happening and if we look at the
timer now about 8:00 p.m. so honestly it
could set up into London or whatever
since we are trading a lower time frame
so it's not terrible and we can check
out a lower time frame but it's
something to remember about what's
happening now right because that's a
contextual clue about the market so if
we take a look at the one minute chart
again what I'm doing is I'm looking for
structural narratives of what's
happening at the moment I see nothing
worth buying so I'll give this a chance
to continue to get clear right because
on that higher time frame it's still
probably very clear it starts to move up
very heavily it just comes right up if
it pauses and comes down a little bit
there should be an opportunity but right
now again it's moving in tandem with
what we expected with overall loose
action so if I go to a six minute yeah
so I mean in this case it does take off
but it doesn't give me the kind of
opportunity I personally want to look
for and that's okay I will miss trades
so all I have to do is sit back and wait
for the next potential opportunity
there's nothing really for me to do so
price just kind of takes off you know
goes a little bit sideways here again
these are harder areas of trade but
there is impulsiveness behind this which
is good because money is coming in which
means that if we do get now a sideways
bit of action we should see that
impulsiveness continue forward so that's
what I would wait for right so I'd wait
it looks like it just goes goes goes
nothing really to do comes down and
right now all we're waiting for is some
clear surf with a tightness across the
top on our validation time frame because
that's going to set a precedent for a
new move otherwise there's not much to
do right now so it starts going sideways
com com down a little bit so right now
the hourly is likely going to be as you
know going sideways about a stage one
what we'll do is we'll find the uh is
this the SMA one I believe it is right
yeah we'll actually increase this to the
hourly as well there we go yeah so if
we're taking a look at this you can see
um we are still in a very clear stage
two we're undergoing stage one so if
price starts to reach higher it
definitely can go into stage two so
there's not much to worry about in that
respect right the contact time frame is
clearly there to continue making a
potential move but what matters now is
that on our validation or in this case
our 6 minute and here's the EVC rule in
terms of multiplication very very simple
we want to see that setup and right now
I see absolutely nothing I just see a
choppy based market so I wait right
because there's nothing else to do if
money wants to come in it will come in
otherwise I will just stay out of this
action right and then we have money come
in very very clearly that's good that's
a first step but this does not mean I
can trade right because there's a
specific thing that I want to look for
so I have to wait and I have to allow
price to make a setup so now it's
starting to do a little something right
so right now you can see it's surfing
higher along kind of the rising 20 the
Rising 10 but it hasn't really put in a
tight range hopefully over the next few
candles it'll move sideways which is
again the big part of patience and then
we can get a trade the problem that
people experience here is that they
start seeing this and they go oh my God
I got to go I got to trade I got to
trade and again even if this works it's
not about the fact that it might work
you know some people will see this and
go okay I got to buy it now okay this is
rushing the process at least in my book
so for me I have to wait for something
that looks in line with what I've seen
before I need to see some kind of
tightness or some kind of area that
makes sense for price to reach Beyond so
this is now becoming like even one
candle in this case made this a lot
clearer why because we have our move now
we have the surfer higher and now we
have pauses right before the area that
we would expect price to expand from so
we can expect that again a stage two
into a stage one a stage two should
result in some kind of delivery that
will be worth getting involved in so we
can get ourselves managed protected and
hopefully positioned for a win so now I
may take a look at the one minute and
see what's going on and as we take a
look here structurally we have beautiful
highs into higher lows into side
structures that are delivering now and
creating a buy stoppable high in the
form of an MB so that is very very
happily in an area I'll take an entry
and see if it wants to tap me in so you
can see price just fails down instantly
this becomes a cancellation very simple
move back to the 6 minute and keep
watching it because this may now start
to serve a rising 20 or 50 now when I
talk about surfing a a rising 10 2050
the reason we look for that is because
if large money is getting involved
behind something or truly wants to be
behind it and the compsite operator is
truly accumulating and moving that asset
higher on any given time frame what's
going to happen is with the large moves
which is basically large demand drying
up Supply and moving higher they will be
resupport at these points because what's
happening is new money wants to
continuously get in and protect the
previous orders while also taking it to
its its granted high that it actually
wants to get to so if the price wants to
get to 2500 2480 whatever it is then
it's going to stop stop at these points
it's going to put in that sideways it's
going to build up new Dumb Supply while
accumulating that demand and then
continue moving in demand higher which
is why we use a few time frames to see
that so right now I don't see really a
clear tight range right so usually I'll
get rid of lines when this is happening
and I'll just keep an eye on it but
something may build up so right now as
you can see right we're building these
higher lows and now we're starting to
put in a little bit of a tight range
that's perfect this is perfection in my
book so I can step down lower and take a
look at if there's some kind of setup or
something clear that is worth taking so
right now all I see is a potential buy
Above This High okay and that's okay
right because what we've done is started
to validate larger demand and I we're
setting up new demand in here now for me
personally because I like to be very
very clear with my entries what I would
rather wait for right now is either
price coming up coming down heavily and
creating a high that can be easily buy
slopped like that or coming up pausing
and creating a high around here around
that same action that we can then buy
stuff right because this is what I'm
used to seeing in price so I wait price
comes down heavily right it does not
look like it's doing anything anyway so
we'll go back to the six minute and you
can see it fails the the setup that it
was undergoing so I'll delete everything
that I was looking at because again you
don't want to force trades and you don't
want to force things in terms of what
price is doing and just wait for again
price to prove that it wants to be
bought up price to create something
tight some some area by which a
expansion out of it would mean that
you're likely going to get a move and
wait for that entry to actually get to
get positioned right so right now you
can see we're kind of Surfing so this is
kind of interesting but we're we're
surfing above this 50 which is kind of
like sideways we're putting in some kind
of range and this just put in a little
bit of a tight candle so it is putting
in some kind of tight range this is a
little bit harder but based on what the
entry time frame can be telling us now
there is an opportunity for an entry
because at the same time you can see we
kind of surfed that 20 higher we failed
just below and then we came right back
up so this is moving in order what I can
see happening now is either a move
coming out of it or maybe even a a move
a pause again and then the move so again
I'm willing to take the potential loss
because I understand I'm getting
involved in an area where the second it
truly fails I'm no longer going to be
part of it and if it works then you're
going to get you're going to be able to
make a good bit of money right that's
literally how that functions so I'll
take a look at the minute to see what's
going on and yeah I mean this is just
this is almost Perfection often times
even in these cases like you can see
we're literally setting up a high that
can be buy stopped right now in line
with all of this okay now the one thing
that speaks out to me is the position of
the Mas right now often times like to
see them come a little bit closer this
is pointing to me to me at least that
price wants to push back down get these
to come a little bit closer and then
make that push higher okay so again in
this scenario I will actually skip
taking along here and wait for that to
happen now I don't know if that's going
to happen or not right price could go
without me and that's okay but I want to
protect my capital and wait for the
moves that make the most sense and
especially if I'm trading a lower time
frame a lower time frame EVC I should be
aware that many moves are going to
happen any given day so I want to make
sure that what I'm trading is completely
in line with trades that I'm willing to
get behind so I'll wait for hopefully so
again this would be the activation and
maybe it works now but I want to wait
for this thing to pull back a little bit
and create that little bit of Supply
perfect for the demand to actually
overtake once it comes in and now you
can see this tightness has become much
clear on that six minute so I'm going to
show you the six minute right you can
see we're still sailing this thing
higher and we started to put in this
little range above that's perfection in
this scenario here right it can it can
even play around a little bit more but
I'm more than happy to buy stop the B
here throw the stop inside or just under
these Mas and look to take it higher
let's see if we can get an entry so
plays around comes down again the entry
is still fully fine and it may even set
up a better one right because it's
becoming tighter on that higher time
frame so we'll keep that in mind but
right now this high in terms of demand
validation makes the most sense for what
price is doing maybe it comes up and
pauses again okay so it doesn't pause
again it just Taps Us in so at this
point all we do is we wait for enough
strength where it makes sense to move
ourselves to break even granted that we
could stay in in the move in the event
that it wants to actually move so we'll
give it a chance to prove some strength
so no strength comes in and actually
price just fails down so it's a very
easy minus one we can delete that and
take actually we'll leave it on there so
you guys can see it so you can know
where it is and we'll go back to the six
minute to check out what's going on
right and again notice this right when
I'm taking the entry I'm aware that if
I'm wrong I'm just going to be wrong
quickly and there's not much to do right
because there's there's not going to be
an opportunity to just keep taking entry
after entry a lot of Traders take entry
after entry after entry after entry
somehow and as a result they fail after
fail after fail versus take the entry it
works or it won't take the entry it
works or it won't take the entry it
works or it won't take the entry it
fails maybe it sets up again and then it
works or it won't don't take an entry
and then Force entries because a lot of
people will do that instead give it a
chance to Now set up if it wants to set
up it's going to build something cleaner
it's going to build something Tighter
and it's going to give us a nice entry
that's all we have to do okay so price
looks like it just comes right down now
it's on the bottom side of price so this
is where I would basically ignore price
until again it starts to make clearer
moves away from this and then sets up a
trade so right now there's nothing to do
um and then it starts making this little
move here right within the overall range
so you can see this range here almost
gets prated it's almost becoming clearer
in itself it's moving like together okay
so at this moment you're also surfing
Rising 10 a little bit so there there is
some reason to look at this again I
don't like the larger setups I usually
wait for them to become clear on the 10
so I'll
wait okay ignore that guys
not too
important here we are so now what you're
seeing okay is that price is surfing
this higher and putting in quite a tight
range around here so this is now lining
up across a few ranges of stage ones
that are that are basically showing you
that price is likely again going to make
a stage two if it wants to go so I would
step down here and take a look at what
the lower time frame is telling me right
and structurally once again we started
coming out of this we came out of it
beautifully I apologize for let me
actually close this for now there we go
we started to create the beautiful
structural narrative here
now and my whole computer almost shut
down there we are and you can see this
MB right here and this MB right here so
basically the demand validations that
rest kind of amongst all these points so
what I would do is I'd set up a through
this High throw the stop under and look
to take it up and see if we can get
tapped in so price plays around and then
Taps you in right so again same thing
the stop loss is based on the ma
positions at the time of this setup and
again as we set set that up through the
beautiful structure Here We Now look for
the hopeful strength to to bring us to
break even so price plays around
strength comes in and we get to move our
trade to break even okay phenomenal now
we head to the six minute because that's
our validation time frame and again we
kind of follow the three candle rule we
have one two if the third one makes a
big candle we can partial a 50% and nope
it doesn't do that so instead we just
end up taking a break even on this
nothing else really it ended up running
how much about 3.5 r r but that's okay
that's part of the game we take a nice
break even and we continue right because
now it is making clear moves it's coming
out of this larger stage one which is a
higher time frame the context time frame
the hourly um large price action right
which means that now if we can again
start to Surf and make something tight
there should be a nice entry to take so
you can see we continue to serf higher
with these Rising 10 and 20 and at the
same time this kind of area here becomes
right it kind of It kind of puts in this
range now this is not clear enough for
me it's it's very hard for me to trade
this kind of stuff so I'll give it some
time it might get tighter and then we
can look at it otherwise there's not
much to do so you can see you know in
this case it might have worked it might
have not worked I'm not looking for that
I'm looking for things that are in line
with the the clean Surfers and the clean
stage ones otherwise there's really not
much for me to do right money keeps
coming in as you can see money keeps
surfing this thing higher and puts in
this little tight range here so this is
one of those moments where it actually
would make sense as it's tightening up
here to look at that lower I might have
just missed the entry but that's okay
right so at the moment if we we can get
a setup right where price comes down
maybe a little bit and then Builds an MB
there's a buy stop here or here that may
exist otherwise I don't see anything on
this and it'll run without us and that's
fine so it does put in that little high
but it's a little bit too high for me I
would skip this and hopefully again this
is one of those moments where it either
runs without me and that's okay or it
fails down and then sets up the actual
entry for me okay there's no reason for
me to force stuff so okay maybe it does
it does do that let's see and then it
just fails down so again there's no
reason for me to force stuff because if
it's not clear I'm not going to trade it
there's not a reason for me to take risk
on it okay so as price fails down again
it puts itself into a context that's not
worth trading so all we can do as
traders that are looking for a specific
directional delivery on what's going on
here okay all we can do as Traders is
wait for a clear move to come
up and we then get a move down so we
actually get a move down a nice Surfer
on the downside and just now it's
surfing downside so all I expect now is
that price wants to just you know keep
on going lower and there's nothing for
me to touch right unless it starts to
shape up and it just keeps going lower
and again it's probably going to go
lower yeah so again you can see it's
surfing on the downside moves lower
surfing on the downside moves lower
surfing on the downside moves lower now
again these are areas you could trade
but I wouldn't right because I look for
I look for alignment between the overall
structure the trend the delivery of the
market and then I look to get involved
in it and just like that when a when a
trend um stalls out or fails to exist in
a given moment it does not mean that
you're sitting there taking endless
losses it actually just means that you
actually might even make money right
some of these end stalling out Trends
might make you money before coming down
and that's fine but the the reason that
happens is because you have really good
rules in regards to getting involved
when the picking is good right it's
literally like waiting for the apples to
be ripe on the tree before you pick them
right you just wait and then sometimes
when you pick one there will be a there
will be a warm in it and you're like
damn [Β __Β ] I I I've lost the Apple but at
the end of the day when you look in the
basket you're going to have a ton of red
colorful apples that you can now go and
sell for a lot of money right because
all you're doing is you're constantly
picking apples that you know are over
time going to make you money and when
they do you make a lot of money and when
they don't you lose very little and then
again if you take into account just the
last 3 days until the market failed and
went into this shitty back and forth
where you couldn't do anything if you
really pay attention to what would have
happened in the event that you had
traded this Market over and over and
over again and showed up to do the same
thing every day the reality is you ended
up going
um in 3 days what the 17 plus the 8 plus
the management of this trade that we
left off with at the end of last video
1.84 plus 1.67 and now you have a minus1
with the break even so again over the
last few days up to the last 3 days
notice that the results of every day are
not the same whatsoever because that's
how trading works but still despite that
if you're following proper rules the
result of 3 days of doing proper work
showing up to execute a proper system of
EVC across the time frames that you have
personally picked out and following the
price action of what you're used to
seeing stage one stage 2 is surfing
clearly becoming tight going lower
looking at the actual supply and demand
interaction of the structure as well and
then entering through that and then
managing your trades you're up around 27
RR over those 3 days and this is how you
consistently show up to markets that are
proving to be one-sided and you actually
trade them when they set up and then if
we look at the context now you can see
the context has gone into [Β __Β ] right
this is nothing to do now you are now
going to be waiting for a moment like
this one like this one like this one
like this one until it finally comes out
so as it starts coming out there's going
to be reasons to step down lower to your
validation time frame and then hopefully
your entry time frame so you can follow
that higher in the event that it occurs
most important language that I want you
to understand about even this video
right now is that in the event that it
occurs you need to be able to execute
patiently as a Trader the only way you
make money in this market is by being
patient about the setups remember to
yourself that 90% of everybody that
trades is trading every single day on
every piece of action on the top side
and the bottom side on the long side and
the short side and as a result they are
getting random results and losing do not
be part of that crowd and continue to
get and continue becoming and getting a
lot better
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