Essentials To ICT Market Structure

00:41:45
https://www.youtube.com/watch?v=xGFCIUFxsbw

概要

TLDREn aquest mòdul, s'explora l'estructura del mercat i les tècniques per identificar la direcció del comerç. El formador destaca la necessitat d'entendre els diferents períodes de temps, incloent mensual, setmanal i diari, així com la importància dels nivells de suport i resistència. S'expliquen diferents tipus de comerciants (posició, swing, a curt termini) i s'assenyala que els nouvinguts haurien de començar amb operacions a curt termini per obtenir confiança. A més, es recalca la importància d'una anàlisi de mercat estructurada, gestionant les operacions d'acord amb el període de temps més elevat i ajustant les entrades i sortides segons els canvis en l'estructura del mercat.

収穫

  • 🕒 Coneix el teu període de temps.
  • 📊 Identifica l'estructura del mercat.
  • 💼 Adapta el teu estil de comerç.
  • ⚖️ Prioritza les entrades i sortides.
  • 🔍 Utilitza nivells de suport i resistència.
  • 🎯 Focalitza't en la gestió del risc.
  • 📈 Construeix una anàlisi estructurada.
  • 💡 Aplica conceptes d'anàlisi tècnica.
  • 🚀 Busca retroalimentació immediata.
  • 🤔 Accepta la incertesa i viu en el gris.

タイムライン

  • 00:00:00 - 00:05:00

    En aquest mòdul, ens centrarem en l'estructura del mercat i en com determinar la direcció del comerç. És essencial que els nous traders comprenguin els diferents marcs temporals i com n'hi ha d'un per a cada tipus de comerç que es vol fer, com ara posicions, swing trading o day trading.

  • 00:05:00 - 00:10:00

    La clau per a un trading reeixit és conèixer el teu mar temporal. Els traders han d'identificar si són més adequats per a posicionar-se, fer swing trading, day trading o scalping. Es recomana començar amb el trading a curt termini per obtenir retroalimentació immediata i agafar confiança.

  • 00:10:00 - 00:15:00

    Per a traders de posició, utilitzaran marcs temporals mensuals, setmanals i diaris per analitzar l'estructura del mercat, mentre que els swing traders es centraran en els gràfics diaris, de quatre hores i d'una hora. Això ajuda a construir una idea clara sobre els possibles punts d'entrada i en la gestió del comerç.

  • 00:15:00 - 00:20:00

    Els traders de curt termini aplicaran el mar temporal de quatre hores per la seva direcció, la d'una hora per gestionar les seves operacions i el d'un quart d'hora per a les entrades. Entendre els marcs temporals és fonamental per a realitzar operacions informades i eficaces.

  • 00:20:00 - 00:25:00

    Els traders han d'identificar nivells de suport i resistència clau i analitzar la dinàmica del mercat en cada mar temporal. Coneixements sobre el suport i resistència són crucials per evitar punts de venda i operacions fallides, estructurant les operacions de manera efectiva.

  • 00:25:00 - 00:30:00

    L'estructura del mercat implica preus que es mouen a través de diferents nivells de suport i resistència, i observar les consolidades serà essencial per anticipar els propers moviments del preu. La sincronització de l'entrada amb les condicions del mercat permet augmentar les possibilitats d'èxit.

  • 00:30:00 - 00:35:00

    La clau és estar sempre a l'adveniment de les corredories i aguardar els moments mesures per entrar en el mercat en moments clau i amb el suport de les tendències més altes. Un cop obtinguda la direcció correcta, el trader pot executar la seva estratègia.

  • 00:35:00 - 00:41:45

    Finalment, els traders han de confiar en el procés i estar preparats per als accidents que poden succeir en el mercat. Els traders han de desenvolupar paciència i disciplina per gestionar les seves expectatives i prendre decisions alineades amb l'evolució del mercat.

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ビデオQ&A

  • Quina és la funció principal d'un operador de Forex?

    La funció principal és trobar el camí a través del preu, analitzant els diferents períodes de temps per determinar la direcció del comerç.

  • Quins períodes de temps s'han de considerar?

    Es poden considerar períodes com mensual, setmanal, diari, 4 hores, 1 hora, 15 minuts, 5 minuts i 1 minut.

  • Quina és la recomanació per a nous operadors?

    Es recomana començar amb operacions a curt termini o de dia per obtenir retroalimentació immediata.

  • Quines són les claus per a l'anàlisi d'estructura de mercat?

    Les claus inclouen identificar el període de temps més alt, gestionar les operacions segons aquest període i buscar nivells de suport i resistència.

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  • 00:00:12
    okay folks essentials to market
  • 00:00:15
    structure and this module is going to be
  • 00:00:17
    really based upon the premise of looking
  • 00:00:20
    towards helping you educate yourself in
  • 00:00:23
    determining trade direction this is
  • 00:00:26
    probably one of the most reoccurring
  • 00:00:29
    email inquiries and posts that you see
  • 00:00:33
    in the forums on baby pips directed to
  • 00:00:36
    me it's my goal obviously to share a
  • 00:00:41
    little further amplification on some of
  • 00:00:43
    the concepts that I use in determining
  • 00:00:45
    trade direction and hopefully this will
  • 00:00:48
    be insightful for you but what do we do
  • 00:00:52
    when we sit down in front of the charge
  • 00:00:54
    what's the primary function as a trader
  • 00:00:56
    well you as a Forex trader you want to
  • 00:01:01
    be finding your way through price and as
  • 00:01:04
    a new trader I can understand how
  • 00:01:05
    daunting this task may be because
  • 00:01:08
    there's so many different timeframes you
  • 00:01:10
    have your monthly weekly daily four-hour
  • 00:01:12
    one hour fifteen minutes or five minutes
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    our one minute chart you have tick
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    charts all these different time frames
  • 00:01:19
    it's very bewildering sometimes if you
  • 00:01:21
    don't understand really what it is you
  • 00:01:23
    need to be doing and breaking the down
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    breaking down price in a uniform
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    structured way so the first thing I'm
  • 00:01:31
    gonna really counsel you on is your
  • 00:01:33
    primary objective is to know your time
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    frame that you're trading okay and it
  • 00:01:38
    gets back to what type of trade are you
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    going to be are you going to be a
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    position trader you're gonna be a swing
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    trader a short-term trader are you gonna
  • 00:01:45
    be a day trader or a scalper I can't
  • 00:01:47
    teach you how to find the correct style
  • 00:01:51
    trader that's within you that's all part
  • 00:01:54
    of your personal makeup so this module
  • 00:01:57
    much in the same capacity my other
  • 00:01:58
    modules have been they're gonna speak in
  • 00:02:01
    general terms okay but it's going to
  • 00:02:04
    give you enough insight for you to be
  • 00:02:05
    able to determine what it is that you
  • 00:02:07
    need to be focusing on for you to find
  • 00:02:09
    the most optimal way of trading for you
  • 00:02:11
    yourself okay because each of us are
  • 00:02:13
    going to be different as you grow and
  • 00:02:16
    you mature as a trader you may be multi
  • 00:02:19
    timeframe based in terms of trading in
  • 00:02:22
    other words I consider myself a dynamic
  • 00:02:25
    trader simply
  • 00:02:25
    because I can trade any one of these
  • 00:02:28
    time frames now I excel in the short
  • 00:02:32
    term to swing trading area but I can de
  • 00:02:36
    trade and I can scalp but I prefer not
  • 00:02:39
    to it would be my advice to you is if
  • 00:02:43
    you can try to work within the short
  • 00:02:45
    term to day trading in the beginning
  • 00:02:47
    because it's going to give you the most
  • 00:02:48
    immediate feedback and it's going to
  • 00:02:50
    give you the confidence you need to be
  • 00:02:53
    you know sticking to a plan because
  • 00:02:56
    obviously as a position trader you don't
  • 00:02:59
    have a whole lot of opportunities
  • 00:03:00
    materializing you that frequently swing
  • 00:03:03
    trading again saying capacity it's going
  • 00:03:05
    to be a little a little a little while
  • 00:03:07
    between each setup so it's gonna be
  • 00:03:08
    harder for a new trader looking to find
  • 00:03:10
    themselves to wait between the signals
  • 00:03:13
    and stick within that specific framework
  • 00:03:16
    for trading so short term trading and
  • 00:03:18
    day trading and scalping let's avoid
  • 00:03:20
    that for now but we will talk about how
  • 00:03:22
    you can utilize these concepts for
  • 00:03:24
    scalping but again short term and day
  • 00:03:26
    trades if you are brand-new to price
  • 00:03:29
    action those are very rewarding because
  • 00:03:32
    they give you the immediate feedback new
  • 00:03:34
    traders sometimes need so let's talk
  • 00:03:37
    about what the professional perspective
  • 00:03:39
    is when we're applying market structure
  • 00:03:41
    well obviously for position trades this
  • 00:03:44
    is going to be anywhere between three to
  • 00:03:46
    so much as six to eight six months to a
  • 00:03:48
    year in terms of duration now I don't
  • 00:03:51
    have a whole lot of types of trades like
  • 00:03:53
    this but every three or four months in
  • 00:03:56
    the marketplace whether it be in stocks
  • 00:03:58
    or commodities or Forex there is a
  • 00:04:02
    specific swing that manifests itself and
  • 00:04:05
    we talked about that in other videos and
  • 00:04:07
    other teaching I'm not going to cover
  • 00:04:09
    that here but if you are that type of
  • 00:04:10
    trader obviously the three time frames
  • 00:04:14
    that you would utilize to break down
  • 00:04:16
    market structure for your particular
  • 00:04:18
    market would obviously be monthly the
  • 00:04:22
    weekly and the daily okay monthly being
  • 00:04:24
    your highest timeframe your weekly being
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    your midline or mid-level
  • 00:04:28
    timeframe and then you have your daily
  • 00:04:30
    that would be your short-term now as a
  • 00:04:33
    swing trader okay your premise for
  • 00:04:36
    breaking down market structure will be
  • 00:04:37
    comprised of a look
  • 00:04:39
    at the daily the 4-hour and the one-hour
  • 00:04:42
    chart okay
  • 00:04:43
    your setup will be based upon what you
  • 00:04:47
    see on the higher time frame the daily
  • 00:04:48
    much in the same capacity for a position
  • 00:04:51
    trade the monthly will be your position
  • 00:04:53
    trade premise nor is if we are
  • 00:04:55
    considerably overbought you know there
  • 00:04:58
    should be some kind of a topping
  • 00:04:59
    formation on a monthly chart you would
  • 00:05:01
    look to see market structure breakdown
  • 00:05:05
    on the weekly and daily they facilitate
  • 00:05:07
    a short position well on a swing trade
  • 00:05:10
    model you utilize that same measure of
  • 00:05:14
    market structure by utilizing the
  • 00:05:16
    highest timeframe for swing trades and
  • 00:05:17
    this approach would be the daily chart
  • 00:05:20
    and then breaking that down into 4-hour
  • 00:05:24
    chart and then lesser price action study
  • 00:05:28
    in the one-hour chart so you'll be
  • 00:05:31
    timing on the one hour you will be
  • 00:05:33
    managing on the four hour and the
  • 00:05:36
    premise or the trade idea would be built
  • 00:05:38
    upon the highest timeframe which would
  • 00:05:40
    be the daily chart okay and the swing
  • 00:05:42
    traders model here if you're a
  • 00:05:45
    short-term trader obviously the duration
  • 00:05:47
    of time for these types of trades could
  • 00:05:49
    be anywhere between one day to as much
  • 00:05:52
    as a week or so swing trading is about a
  • 00:05:54
    week or more in terms of trade duration
  • 00:05:57
    and I forgot to mention that but for
  • 00:06:00
    short-term trades you'll be using the
  • 00:06:01
    4-hour chart for your trade premise or
  • 00:06:04
    your directional bias and then on the
  • 00:06:07
    one-hour chart that would be your trade
  • 00:06:09
    management or mid-level time frame and
  • 00:06:13
    then your 15-minute chart would be
  • 00:06:15
    utilized for your timing for entry and
  • 00:06:17
    possibly looking for early reversal
  • 00:06:20
    signs that your trade may be petering
  • 00:06:22
    out and it's time to take profits for
  • 00:06:25
    day trades obviously yeah you can see
  • 00:06:28
    it's the one in our chart and be a
  • 00:06:30
    highest timeframe you would be managing
  • 00:06:32
    your trade on the 15-minute time frame
  • 00:06:33
    and your five-minute chart would be
  • 00:06:36
    utilized to enter now it's not to say
  • 00:06:40
    that you can't use a 5-minute chart on
  • 00:06:42
    the short-term swing and position trades
  • 00:06:45
    for entry okay I'm giving you the
  • 00:06:48
    framework for at least having three time
  • 00:06:52
    frames across
  • 00:06:52
    the spectrum of your training and how
  • 00:06:56
    you break down market structure over
  • 00:06:57
    these three specific time frames for
  • 00:07:00
    each individual trading model will give
  • 00:07:03
    you again the building blocks to flesh
  • 00:07:08
    out what you need to see in terms of
  • 00:07:10
    directional bias okay so let's take a
  • 00:07:14
    look at a closer look at price action
  • 00:07:18
    and market structure now the keys to
  • 00:07:22
    multiple time frame market structure
  • 00:07:24
    okay are rather simple where is your
  • 00:07:28
    focus your focus should be on the
  • 00:07:30
    highest of the three time frames trades
  • 00:07:32
    will be managed by the highest or mid
  • 00:07:35
    time frames okay in other words if you
  • 00:07:38
    are a swing trader you're going to be
  • 00:07:42
    utilizing that daily time frame to
  • 00:07:45
    manage or the 4-hour chart to manage
  • 00:07:49
    your trade okay but the daily is going
  • 00:07:51
    to be utilized to facilitate the trade
  • 00:07:54
    premise in other words that's going to
  • 00:07:56
    give you your directional bias
  • 00:07:58
    okay the market structure that is one
  • 00:08:00
    the daily chart that's framing your
  • 00:08:02
    swing trades okay once you get into a
  • 00:08:06
    trade you would be managing that trade
  • 00:08:08
    on a four hour time frame and you would
  • 00:08:10
    just use the respective time frames we
  • 00:08:12
    just talked about in the previous slide
  • 00:08:13
    and then your one hour chart would be
  • 00:08:17
    used for timing purposes okay so the
  • 00:08:20
    shortest time frame in that regard for
  • 00:08:22
    swing trading would be the 60-minute
  • 00:08:24
    chart so your entry signals would be
  • 00:08:27
    derived from having studied the market
  • 00:08:31
    structure on the daily and the four-hour
  • 00:08:34
    then your one-hour chart was facilitate
  • 00:08:38
    the specific entry point okay so you
  • 00:08:41
    know what you would do your entry
  • 00:08:42
    concepts and techniques on the one-hour
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    chart for swing trades the highest
  • 00:08:48
    probability trades are made in the
  • 00:08:51
    higher time frame direction okay now
  • 00:08:53
    there are going to be instances where
  • 00:08:55
    the higher time frame premise may be
  • 00:08:59
    bullish but you're approaching a key
  • 00:09:01
    resistance level so that may be trumped
  • 00:09:04
    so that's where we're gonna go back to
  • 00:09:07
    the core essentials to technical
  • 00:09:09
    analysis that being support resistance
  • 00:09:12
    trumps everything okay without the
  • 00:09:15
    understanding of key support resistance
  • 00:09:17
    levels you're not going to get to a
  • 00:09:20
    directional bias regardless of what
  • 00:09:22
    trading model you're using position day
  • 00:09:25
    trading whatever it is if it's not
  • 00:09:27
    framed on the premise of keys for
  • 00:09:29
    resistance levels it's probably going to
  • 00:09:31
    be a struggling point for you as well
  • 00:09:33
    okay so you have to go back to the core
  • 00:09:36
    essentials to my concepts and just sound
  • 00:09:39
    trading all together key support
  • 00:09:41
    resistance levels are where it's all at
  • 00:09:44
    okay without those all of these lines
  • 00:09:46
    and all these procedures that we're
  • 00:09:49
    going to be covering here and what we've
  • 00:09:50
    covered in previous videos and such is
  • 00:09:52
    going to do no good to you okay so you
  • 00:09:54
    have to understand what is a keys of our
  • 00:09:56
    resistance level so if you are looking
  • 00:09:58
    at the highest timeframe for your
  • 00:10:00
    particular model that will hopefully
  • 00:10:04
    draw your attention to whatever key to
  • 00:10:07
    support resistance level at that point
  • 00:10:10
    in price action obviously you can always
  • 00:10:12
    go out to a daily and weekly just as a
  • 00:10:14
    you know a catch-all as far as whatever
  • 00:10:19
    time frame you're trading if you just
  • 00:10:20
    look at a daily and weekly in terms of
  • 00:10:22
    support resistance those will be helpful
  • 00:10:24
    to you now the market profiles will also
  • 00:10:28
    assist you in market structure analysis
  • 00:10:30
    concepts that means I'll be in a
  • 00:10:31
    trending market are we in a reversal
  • 00:10:33
    pattern or formation or that type of
  • 00:10:36
    profile in the market place and are we
  • 00:10:38
    in a consolidation preparing for a
  • 00:10:41
    breakout scenario okay so market
  • 00:10:43
    profiling is essential to helping you
  • 00:10:48
    and assisting you in measuring what the
  • 00:10:52
    current market structure is okay now are
  • 00:10:54
    we bullish or bearish
  • 00:11:00
    all right when we're looking at market
  • 00:11:03
    structure we're referring to market
  • 00:11:05
    structure what are we speaking about
  • 00:11:08
    what's the what is the work trying to
  • 00:11:10
    get at okay well if you look at a price
  • 00:11:15
    rally up and then price hitting a major
  • 00:11:20
    resistance level we're going to assume
  • 00:11:23
    for a moment that this is your higher
  • 00:11:25
    time frame okay and I'm going to keep it
  • 00:11:27
    generic because that way you can apply
  • 00:11:29
    it to whatever your higher time frame is
  • 00:11:30
    based on the model trade it you are
  • 00:11:33
    aiming to be as price rallies up into
  • 00:11:38
    what we perceive as a higher level key
  • 00:11:42
    resistance level price never moves in a
  • 00:11:45
    straight line
  • 00:11:46
    okay so there's going to be a
  • 00:11:48
    consolidation a price move up another
  • 00:11:50
    consolidation a price move up and then
  • 00:11:52
    as price makes it into this resistance
  • 00:11:55
    level then we'll be anticipating a
  • 00:11:58
    reversal so when markets start to break
  • 00:12:01
    down
  • 00:12:01
    taking out the short-term swing lows in
  • 00:12:06
    here
  • 00:12:06
    this short-term swing low on the highest
  • 00:12:09
    timeframe for your particular trading
  • 00:12:11
    model once that breaks this would be the
  • 00:12:14
    catalyst for you to say okay this is
  • 00:12:16
    probably going to be an optimal trade
  • 00:12:18
    entry based on the higher time frame
  • 00:12:21
    chart of your profile okay so for an
  • 00:12:26
    example let's just say that this is a
  • 00:12:29
    monthly chart and you're looking for a
  • 00:12:32
    position trade okay if the monthly hits
  • 00:12:34
    a key resistance level like this and it
  • 00:12:36
    comes down takes out a short term low
  • 00:12:38
    and the monthly we know now that market
  • 00:12:40
    structure has broken okay so we have a
  • 00:12:42
    market structure shift right here okay
  • 00:12:46
    now we don't know what price is doing
  • 00:12:49
    over here this is all in the future
  • 00:12:50
    we're anticipating these types of events
  • 00:12:52
    in terms of price action but until we
  • 00:12:54
    actually get that and starts trading we
  • 00:12:56
    can't deal with that yet so it's all an
  • 00:12:58
    anticipation and our anticipated
  • 00:13:01
    anticipatory model as far as our
  • 00:13:04
    framework and thinking about price
  • 00:13:06
    action this is what we would expect to
  • 00:13:09
    see once this structure has been broken
  • 00:13:11
    okay
  • 00:13:12
    but as price starts to rally up we don't
  • 00:13:15
    anticipate seeing a breakthrough this
  • 00:13:19
    resistance level okay if we arrive this
  • 00:13:22
    as a possible resistance level we would
  • 00:13:25
    expect a retracement for a little trade
  • 00:13:26
    entry but then we would zoom in in this
  • 00:13:28
    area right here okay I want a weekly
  • 00:13:31
    timeframe to hone in on more key shorter
  • 00:13:35
    term timeframe price levels and then by
  • 00:13:38
    zooming in okay we would possibly see a
  • 00:13:43
    shorter term optimal trade entry or
  • 00:13:45
    respective cell pattern to you know
  • 00:13:50
    convince us even further that this is
  • 00:13:52
    probably going to be a sell scenario and
  • 00:13:54
    if we move down into a daily and see
  • 00:13:56
    something even similar to that okay you
  • 00:13:59
    would have all these nesting confluences
  • 00:14:01
    of implied resistance levels once a hard
  • 00:14:05
    time frame market structure is broken
  • 00:14:07
    down and then we would be able to
  • 00:14:08
    position ourselves in sync with a
  • 00:14:11
    top-down approach with market structure
  • 00:14:14
    okay and then as price starts to trade
  • 00:14:17
    down this is the gray area all these
  • 00:14:19
    areas where there's missing gaps
  • 00:14:22
    okay that's intentional okay we don't
  • 00:14:25
    know what's going to take place between
  • 00:14:27
    the time where we see an entry point and
  • 00:14:30
    where we expect to see price get to in
  • 00:14:32
    terms of our targets and we'll talk more
  • 00:14:33
    about that later on but this is the gray
  • 00:14:36
    area where you have to be comfortable
  • 00:14:37
    with okay because you don't know what's
  • 00:14:39
    gonna happen from we our entry point and
  • 00:14:42
    you're expected exit point okay you
  • 00:14:44
    don't know if it's going to go down
  • 00:14:45
    there okay you don't know if it's gonna
  • 00:14:46
    reverse and take you out of the tree
  • 00:14:48
    okay but the overall framework okay or
  • 00:14:51
    price structure okay this is how market
  • 00:14:55
    structure is built okay this is a price
  • 00:14:57
    rally and a decline okay we have
  • 00:15:02
    consolidation if we expect to see some
  • 00:15:05
    kind of a rally in here something's
  • 00:15:06
    bullish that we would expect to support
  • 00:15:08
    at as price starts to rally up okay we
  • 00:15:12
    could be utilizing our mid-level
  • 00:15:14
    or shorter term level timeframes tick to
  • 00:15:18
    see bullishness okay we want to see
  • 00:15:22
    support being held resistance being
  • 00:15:24
    broken
  • 00:15:25
    okay and every time price starts to pull
  • 00:15:28
    back and retrace in here the market
  • 00:15:30
    structure concept that you would be
  • 00:15:31
    utilizing it would be to simply look for
  • 00:15:33
    optimal trade entries okay for buys you
  • 00:15:37
    would be looking for reflections to buy
  • 00:15:39
    you would be looking for type to trend
  • 00:15:42
    falling bullish scenario so in other
  • 00:15:44
    words in all this area here you'd be
  • 00:15:46
    looking for price finding support and
  • 00:15:50
    resistance being broken okay so that
  • 00:15:52
    it's that simple that's the whole
  • 00:15:54
    framework behind market structure and as
  • 00:15:57
    price rise up into another shorter term
  • 00:15:59
    or a me it's from resistance level in
  • 00:16:01
    here price will hopefully find some
  • 00:16:05
    support okay but if it does start to
  • 00:16:07
    break down be comfortable with price
  • 00:16:10
    coming back and blowing out previous
  • 00:16:13
    lows in here okay there may be an
  • 00:16:15
    important load that's taken place and
  • 00:16:18
    trailing stop loss orders would be
  • 00:16:20
    trailed up below that particular point
  • 00:16:21
    okay so as price dips back down all
  • 00:16:24
    that's going to do is give you another
  • 00:16:25
    opportunity to get long okay now again
  • 00:16:29
    let's think for a moment this is the
  • 00:16:31
    higher time frame premise okay this is
  • 00:16:33
    the highest time frame chart when we
  • 00:16:36
    start seeing this consolidation here and
  • 00:16:38
    we see the higher level resistance
  • 00:16:39
    though because these are all known in
  • 00:16:41
    advance this is why we have support
  • 00:16:43
    distance studies done this is all part
  • 00:16:46
    of our top-down analysis seeing where
  • 00:16:48
    price may be reaching for so if we start
  • 00:16:51
    seeing price rally up in here and in
  • 00:16:52
    consolidate again and this is another
  • 00:16:55
    higher level key resistance level if
  • 00:16:57
    price continues to maintain support and
  • 00:16:59
    breaks above all of these short-term
  • 00:17:02
    highs in here
  • 00:17:03
    the market structure implies that we
  • 00:17:06
    could possibly see a leg from this low
  • 00:17:09
    or whatever low would form back here to
  • 00:17:11
    this high duplicated on the retracement
  • 00:17:14
    here from this low to this high
  • 00:17:21
    the same thing could be said with market
  • 00:17:24
    declines and reversals going along every
  • 00:17:28
    time we see a consolidation
  • 00:17:30
    consolidation is you want to study these
  • 00:17:32
    for shorter term more dynamic support
  • 00:17:36
    resistance levels these areas are more
  • 00:17:39
    easily tradable because they have
  • 00:17:41
    discernible price levels they're very
  • 00:17:44
    clear we don't know how it's going to
  • 00:17:47
    take price from these consolidations to
  • 00:17:50
    the next consolidation we don't know
  • 00:17:52
    that we anticipate that gray area that's
  • 00:17:55
    missing these little pieces of market
  • 00:17:57
    structure that's missing I left that out
  • 00:17:59
    because I want you to think like this
  • 00:18:01
    okay it's if it's a little confusing now
  • 00:18:05
    I understand but if you apply this same
  • 00:18:08
    general I don't want to say profile but
  • 00:18:13
    this diagram okay in other words in
  • 00:18:16
    terms of how I have price lows
  • 00:18:19
    illustrated here if you look at how
  • 00:18:21
    price declines actually materialized
  • 00:18:24
    you'll start to see these lows form like
  • 00:18:28
    this and inside of those consolidations
  • 00:18:30
    and in every swing low deforms there's
  • 00:18:33
    going to be a discernible hostile trade
  • 00:18:37
    entries or reflection patterns or
  • 00:18:39
    generally fractal patterns okay so you
  • 00:18:42
    would apply these concepts okay with all
  • 00:18:46
    the other concepts which you previously
  • 00:18:49
    discussed but looking at obviously a
  • 00:18:53
    higher level key support level down here
  • 00:18:55
    as a catalyst okay so as price moves
  • 00:18:59
    from a consolidation down into a new
  • 00:19:01
    consolidation much in the same capacity
  • 00:19:04
    we just saw with the bullish move
  • 00:19:06
    reaching up into a higher level
  • 00:19:07
    resistance level we could be seeing a
  • 00:19:10
    consolidation in here with this higher
  • 00:19:12
    level reason support level down here
  • 00:19:14
    this would be where price may be
  • 00:19:16
    reaching for so if it's consolidating
  • 00:19:19
    here we could look for a move from
  • 00:19:21
    whatever high forms here to this low
  • 00:19:23
    okay duplicated from this high or
  • 00:19:26
    whatever high forms in this area down to
  • 00:19:28
    this low okay so while this diagram is
  • 00:19:32
    fragmented okay
  • 00:19:34
    think of in terms of the market maker
  • 00:19:37
    profiles that I just recently shared
  • 00:19:39
    with you guys this year you see that
  • 00:19:41
    same premise here as well I don't need
  • 00:19:45
    to draw the lines in here you can
  • 00:19:46
    actually probably remember by the way
  • 00:19:47
    the profile was given to you you can
  • 00:19:50
    actually see it in here okay so as
  • 00:19:53
    prices engineered to go lower down into
  • 00:19:56
    a support level ultimately to trade
  • 00:19:58
    higher this is the building blocks that
  • 00:20:00
    we work with okay now because we have to
  • 00:20:05
    live in the gray area and not expect a
  • 00:20:09
    simple black and white premise to
  • 00:20:12
    trading when we see a consolidation here
  • 00:20:14
    and price move down to a new area
  • 00:20:16
    consolidation and price moves down to a
  • 00:20:17
    new cup area consolidation and then we
  • 00:20:19
    have short term breaks on market
  • 00:20:22
    structure okay in other words we have a
  • 00:20:23
    shift in Marcos trucker right here as
  • 00:20:25
    price trades down the net support level
  • 00:20:27
    again this is all assuming this is the
  • 00:20:29
    highest level of your three time frames
  • 00:20:31
    that you're trading with for your
  • 00:20:33
    particular trading model when you see
  • 00:20:35
    this shift in market structure here we
  • 00:20:38
    would anticipate seeing a bullish move
  • 00:20:40
    higher but here's where we enter a new
  • 00:20:42
    level of gray when we move into this new
  • 00:20:47
    consolidation in here this may not
  • 00:20:49
    always translate into even higher prices
  • 00:20:52
    going out like we have here implied it
  • 00:20:55
    could be just reaching up to go back to
  • 00:20:57
    this range from this old high to this
  • 00:20:59
    look remember inside the range concepts
  • 00:21:01
    okay so you have to have that in mind so
  • 00:21:04
    that's why if you're going to be getting
  • 00:21:05
    long down here you'll expect to see some
  • 00:21:09
    type of profit taking here right and you
  • 00:21:13
    would be able to see that utilizing your
  • 00:21:15
    mid-level chart okay for your swing
  • 00:21:18
    projections okay we'll talk about that
  • 00:21:21
    more as we go on but generally as you
  • 00:21:24
    see price come down in here every time
  • 00:21:26
    price retraces and gives you new optimal
  • 00:21:28
    trade entries that's what you're looking
  • 00:21:30
    for you want to see price holding
  • 00:21:32
    support breaking resistance okay on this
  • 00:21:35
    side of the support level being found
  • 00:21:39
    but as we're trading down into that
  • 00:21:41
    support level we're anticipating market
  • 00:21:43
    structure to break lows and in find
  • 00:21:46
    resistance break lows
  • 00:21:48
    fine resistance break lows fine
  • 00:21:50
    resistance okay so every new
  • 00:21:52
    consolidation if we're expecting price
  • 00:21:55
    reaching down to our higher level
  • 00:21:57
    support level okay on a highest level
  • 00:22:00
    chart that's why we do our analysis on
  • 00:22:02
    the highest level because you want to
  • 00:22:03
    see where price is probably reaching for
  • 00:22:05
    and by seeing where the highest level
  • 00:22:08
    chart in our particular trading model is
  • 00:22:10
    reaching for again we don't know for
  • 00:22:14
    certain that they're always going to get
  • 00:22:15
    there but if you look in these higher
  • 00:22:17
    level charts it's going to give you the
  • 00:22:19
    highest probability in terms of success
  • 00:22:21
    if price doesn't get to these particular
  • 00:22:24
    points and we start seeing early market
  • 00:22:27
    shifts in March structure this could be
  • 00:22:31
    a catalyst for you know another type of
  • 00:22:33
    trade okay we could possibly get along
  • 00:22:36
    in here and maybe even reach up into the
  • 00:22:38
    range from the high to this low here
  • 00:22:39
    that may be a means of profitability it
  • 00:22:42
    should be a good reward to risk scenario
  • 00:22:46
    here okay you know three to one could
  • 00:22:49
    still exist within that front at that
  • 00:22:51
    framework of price action okay but again
  • 00:22:55
    even if that happens we can still take
  • 00:22:58
    some short-term trades in here
  • 00:23:00
    but that may be a very very short-term
  • 00:23:03
    bias only taking you up to a higher
  • 00:23:07
    level bias to get lower support levels
  • 00:23:12
    here taken out okay in other words it
  • 00:23:15
    used the you're gonna have to blend some
  • 00:23:16
    concepts here the inside the range
  • 00:23:18
    concepts simply looking at lower lows
  • 00:23:22
    and lower highs okay if we do get a
  • 00:23:25
    short term bounce in here between the
  • 00:23:27
    high that's formed here and the low here
  • 00:23:31
    just could be creating another awesome
  • 00:23:33
    trade entry to get that fulfillment of
  • 00:23:35
    this lower level support level down here
  • 00:23:42
    now again we've seen this diagram before
  • 00:23:47
    assuming that we have a high up in here
  • 00:23:50
    reaching into resistance as price breaks
  • 00:23:53
    this short term low here the market
  • 00:23:55
    structure is broken so as price starts
  • 00:23:59
    to retrace every time retraces we're
  • 00:24:01
    looking for new selling opportunities
  • 00:24:03
    but if we see a previous swing as we see
  • 00:24:07
    here see this price swing here okay if
  • 00:24:10
    this level is taken out here if we get a
  • 00:24:15
    retracement or another additional sell
  • 00:24:17
    signal this is where we use swing
  • 00:24:20
    projections just on price we're not
  • 00:24:23
    using Fibonacci you can but just looking
  • 00:24:25
    at simple price action alone this low to
  • 00:24:29
    high once it's broken
  • 00:24:30
    you can start taking this same
  • 00:24:32
    measurable swing from this point here
  • 00:24:35
    down to that same level and project it
  • 00:24:39
    lower okay and you get somewhere in this
  • 00:24:42
    area here now I purposely allowed the
  • 00:24:44
    diagram to be a little bit farther
  • 00:24:46
    because I teach to exit on the trade
  • 00:24:50
    before the actual objective is met okay
  • 00:24:53
    so every time we see a broken swing okay
  • 00:24:57
    this is a swing that's broken here in
  • 00:25:00
    other words this low here or whatever
  • 00:25:01
    load would have formed in here I'm
  • 00:25:03
    assuming that you can see this as this
  • 00:25:06
    as a swing when it's broken right here
  • 00:25:10
    we went below here if we retrace back
  • 00:25:13
    into it okay I've also purposely drew
  • 00:25:16
    this a little bit past what would be
  • 00:25:18
    expected as resistance I've purposely
  • 00:25:22
    allowed this to move beyond this low
  • 00:25:25
    here to illustrate how support
  • 00:25:27
    resistance can be gray as well it's not
  • 00:25:31
    black and white you're going to have to
  • 00:25:33
    allow some flexibility with price so
  • 00:25:35
    when it starts to pull back deeper
  • 00:25:37
    okay this still could set up the optimal
  • 00:25:39
    trade entry okay and while this isn't
  • 00:25:42
    the exact level price was able to stave
  • 00:25:45
    off a rally it still was working with in
  • 00:25:47
    the previous range here and this pie
  • 00:25:51
    here as well so we're still within
  • 00:25:53
    bearish market structure so don't be
  • 00:25:57
    lulled into thinking this is going to be
  • 00:25:58
    a long to go higher assuming again this
  • 00:26:00
    is a higher level of resistance level
  • 00:26:03
    and again every little short-term
  • 00:26:05
    retracement here could be a catalyst for
  • 00:26:08
    an additional entry using our smallest
  • 00:26:10
    of the three time frames again this is
  • 00:26:13
    all modeling off of the highest time
  • 00:26:15
    frame okay and then assuming once we get
  • 00:26:18
    this broken down this swing low here
  • 00:26:21
    broken we could utilize the mid-level
  • 00:26:23
    chart for additional entries and or
  • 00:26:26
    managing of a position that's already
  • 00:26:28
    been assumed based on the highest of the
  • 00:26:30
    three time frames now as price also
  • 00:26:34
    breaks down these swings just swing up
  • 00:26:37
    once it's broken
  • 00:26:38
    okay this is an engineered swing okay
  • 00:26:41
    you see this in price action all the
  • 00:26:43
    time okay it's a measured move it's very
  • 00:26:46
    simple taking this low to this high
  • 00:26:49
    whatever that range is subtracted from
  • 00:26:52
    that same point here and project it
  • 00:26:54
    lower okay
  • 00:26:55
    that's the measured swing here is a
  • 00:26:59
    measured leg move you have the high down
  • 00:27:02
    to a low here price starts region
  • 00:27:04
    retrace in here we could see this as an
  • 00:27:07
    intermediate term price swing okay or
  • 00:27:10
    price leg so we have a measureable swing
  • 00:27:14
    here that we can use for projections
  • 00:27:15
    then we also have a measurable lake okay
  • 00:27:19
    so we have the first leg and price down
  • 00:27:21
    here and when we trace back utilizing
  • 00:27:25
    the framework that's based on this swing
  • 00:27:27
    up okay so we're blending two concepts
  • 00:27:29
    here a swing that's broken okay and
  • 00:27:33
    within a bearish market structure then
  • 00:27:36
    we also have a retracement back into a
  • 00:27:37
    previous support broken it should act as
  • 00:27:41
    resistance okay and notice how this low
  • 00:27:45
    here I try that more less imply that
  • 00:27:47
    price could be reaching for even a
  • 00:27:48
    shorter term support that's broken as
  • 00:27:51
    resistance so what might look real clear
  • 00:27:53
    and discernible on the charts it may not
  • 00:27:55
    be as clear-cut as that but we would
  • 00:27:59
    expect this to be an enemy in term
  • 00:28:01
    retracement for a new leg down and
  • 00:28:04
    that's when you would you expect to see
  • 00:28:06
    the high to
  • 00:28:06
    here on this Lake repleted repeated and
  • 00:28:10
    protected from this highway of reforms
  • 00:28:12
    here down here and that would look
  • 00:28:15
    similar to what we'd expect when you see
  • 00:28:19
    and we had some highs and lows enemy
  • 00:28:21
    term high is obviously a high that has
  • 00:28:24
    lower highs on either side of it okay
  • 00:28:28
    and any return low is a low that has two
  • 00:28:31
    higher lows on either side of it so it's
  • 00:28:34
    very easy to see it's simply looking at
  • 00:28:37
    your candles and your bars on your
  • 00:28:40
    respective time frames and when you see
  • 00:28:42
    these note them okay and by noting them
  • 00:28:46
    you'll have whatever ways you want to
  • 00:28:48
    have it
  • 00:28:49
    I'm delineating and denoting that with
  • 00:28:52
    these little circles here it could be
  • 00:28:54
    anything on your charts you could have
  • 00:28:56
    stars you can you just you know type
  • 00:28:58
    enemy in term high whatever you can put
  • 00:29:00
    the little arrows on it whatever it is
  • 00:29:02
    that you use to identifying that that's
  • 00:29:04
    your way of doing it but it's important
  • 00:29:07
    you understand where they're at and when
  • 00:29:10
    they start to nest out like this okay
  • 00:29:12
    you can classify enemy a term too now
  • 00:29:15
    long term because if we have lower highs
  • 00:29:18
    on either side of it okay this would
  • 00:29:20
    classify this is a long term high that
  • 00:29:22
    would also allow you to expect to see
  • 00:29:26
    much longer term price swings okay so by
  • 00:29:30
    nesting out and marking off your swing
  • 00:29:34
    highs and swing lows on your respective
  • 00:29:37
    time frames you start to build a
  • 00:29:39
    framework that's needed to be able to
  • 00:29:40
    discern if you're in an area term or
  • 00:29:42
    short term price swing and within your
  • 00:29:45
    market structure now that leg that we
  • 00:29:50
    were talking about earlier can be seen
  • 00:29:52
    here by having that mu term High Noon
  • 00:29:55
    'add so this is a mu term price leg and
  • 00:29:58
    then here's your ne a term retracement
  • 00:30:00
    okay and then you would see obviously
  • 00:30:03
    the next leg down would be replicated so
  • 00:30:05
    you can see the range between this low
  • 00:30:07
    to high is exactly what you see here
  • 00:30:10
    causing you to expect or anticipate
  • 00:30:12
    price movement back here if you're in a
  • 00:30:15
    trade still once you've retraced you can
  • 00:30:18
    expect a hold on to that trade to get
  • 00:30:19
    back down to these low
  • 00:30:20
    here which would obviously hopefully be
  • 00:30:22
    a higher level support level to also
  • 00:30:24
    converge and have a confluence of
  • 00:30:27
    reasons to expect to take some profits
  • 00:30:28
    there
  • 00:30:35
    now by having all these things in the
  • 00:30:38
    forefront of your mind and having
  • 00:30:40
    specific price legs and price swings and
  • 00:30:42
    how they nest together it's important
  • 00:30:48
    you understand that the framework of
  • 00:30:49
    your market structure is derived from
  • 00:30:51
    the highest level the three time frames
  • 00:30:53
    you're trading with that's where your
  • 00:30:55
    the framework or the or the basis of
  • 00:30:58
    your trade is built upon your mid-level
  • 00:31:02
    chart is used to zero down into a
  • 00:31:05
    smaller time frame expecting to find
  • 00:31:08
    support resistance levels that may not
  • 00:31:11
    be discernible on your highest time
  • 00:31:12
    frame then your lowest time frame is
  • 00:31:14
    used for your entry and we're going to
  • 00:31:16
    talking about that specifically here
  • 00:31:17
    assuming we've built the premise of
  • 00:31:20
    market structure and assuming that it's
  • 00:31:23
    bullish okay everything we're talking
  • 00:31:25
    about here would be obviously reversed
  • 00:31:28
    for selling scenarios but assuming we
  • 00:31:30
    have a bullish market structure okay
  • 00:31:32
    where a swing trader let's say for a
  • 00:31:35
    moment that our highest timeframes
  • 00:31:38
    suggest that we have a bullish March
  • 00:31:40
    structure underway we've traded off of a
  • 00:31:42
    higher level support level and price has
  • 00:31:46
    given us a broken market structure to
  • 00:31:49
    the upside okay so there's been a market
  • 00:31:51
    structure shift short-term highs have
  • 00:31:53
    been broken on our highest level time
  • 00:31:55
    frame chart our mid-level time frame has
  • 00:31:58
    allowed us to zero in and find a key
  • 00:32:01
    support resistance level now we have
  • 00:32:04
    this higher level key support resistance
  • 00:32:06
    level that's also converging with our
  • 00:32:08
    mid-level support resistance level okay
  • 00:32:10
    in that same support resistance level
  • 00:32:12
    may be a confluence of maybe it be a
  • 00:32:15
    pattern that overlaps with that specific
  • 00:32:17
    that level okay and we now have a bias
  • 00:32:23
    okay this bias is bullish it does not
  • 00:32:29
    mean every single day you're going to
  • 00:32:32
    get a trade that's gonna materialize as
  • 00:32:35
    a bullish move and see profitability if
  • 00:32:37
    it was if it was just that simple guys
  • 00:32:40
    everybody would be multimillionaires and
  • 00:32:42
    be it we'd be we don't you know we'd all
  • 00:32:45
    be Warren Buffett's
  • 00:32:47
    super-rich so obviously you know it's
  • 00:32:49
    it's not that easy you have to have some
  • 00:32:52
    discernment and it allow for some you
  • 00:32:56
    know failure because it's going to
  • 00:32:58
    happen but assuming that we have that
  • 00:33:00
    that premise
  • 00:33:01
    okay our bias is to buy it doesn't mean
  • 00:33:04
    that traders can't make money going
  • 00:33:06
    short this specific day or timeframe
  • 00:33:08
    okay it just means that you are gonna
  • 00:33:11
    stick to being a bull at this particular
  • 00:33:15
    day or a particular timeframe okay so
  • 00:33:18
    with that and with that in mind we
  • 00:33:21
    always go back to our key premise of
  • 00:33:23
    trading within kill zones
  • 00:33:25
    okay so you want to be doing your
  • 00:33:26
    entries and your kill zone times London
  • 00:33:29
    open New York open London close or Asia
  • 00:33:32
    okay but assuming we have already
  • 00:33:34
    arrived at our time of day when we're
  • 00:33:37
    going to be trading okay we already
  • 00:33:40
    understand that the kill zone when it's
  • 00:33:41
    going to begin we already have our key
  • 00:33:44
    supporting resistance level already
  • 00:33:46
    identified and we know where price
  • 00:33:48
    should get to before we do anything and
  • 00:33:50
    that's going to be basically this little
  • 00:33:52
    area right here so when we're going to
  • 00:33:53
    be seeing price hopefully at some point
  • 00:33:56
    moved down to that level here this is
  • 00:33:58
    our action point this is where we take
  • 00:34:00
    action we do the entry here and it could
  • 00:34:04
    be on a limit basis or it could be a
  • 00:34:05
    market order but we're utilizing time
  • 00:34:08
    and price theory okay so this is what it
  • 00:34:10
    looks like in in your mind there's
  • 00:34:14
    nothing happening yet you anticipate
  • 00:34:16
    these events unfolding within a specific
  • 00:34:19
    time of day with a specific bias in mind
  • 00:34:23
    okay you want to see these things line
  • 00:34:26
    up and I think what happens is you guys
  • 00:34:28
    send me emails you talk about on the
  • 00:34:30
    internet posting on baby pips forums you
  • 00:34:32
    know I don't know what the bias is for
  • 00:34:34
    today here's here's the secret every day
  • 00:34:37
    the bias is both directions every day
  • 00:34:40
    the bias is both directions think about
  • 00:34:43
    that
  • 00:34:43
    there's traders making money going long
  • 00:34:46
    and short that day but you have to
  • 00:34:49
    decide on what it is that you're trading
  • 00:34:52
    based on your time frame in your profile
  • 00:34:54
    like as a trader are you a short trend
  • 00:34:56
    trader swing trader are you a position
  • 00:34:57
    trader and
  • 00:34:58
    you're looking for the bias that you're
  • 00:35:01
    holding to line up with price action
  • 00:35:04
    okay
  • 00:35:05
    you can't force price action to do what
  • 00:35:08
    you want it to do you can only get
  • 00:35:10
    yourself in sync with what price may be
  • 00:35:12
    doing and allowing you a ride okay so
  • 00:35:15
    with that assumption we're looking at
  • 00:35:17
    price here and with the bullish premise
  • 00:35:20
    that we would be expecting to see higher
  • 00:35:22
    prices if we get down to this support
  • 00:35:24
    level okay so we've established at the
  • 00:35:27
    higher time frame of the three time
  • 00:35:28
    frames we used for market structure
  • 00:35:30
    study is now bullish okay we assumed
  • 00:35:33
    that we have a very respectable support
  • 00:35:37
    level down here okay so if price trades
  • 00:35:39
    back down to that level within a kill
  • 00:35:41
    zone we're going to be taking action
  • 00:35:42
    here to buy okay and always simply do at
  • 00:35:44
    that point is you wait you wait until
  • 00:35:47
    the kill zone starts and when price gets
  • 00:35:49
    that specific point you use whatever
  • 00:35:51
    entry technique or concept you're going
  • 00:35:52
    to be utilizing for your trade entry it
  • 00:35:54
    could be optimal trade entry it could be
  • 00:35:56
    reflection it could be a Grail it could
  • 00:36:00
    be a stinger it could be any any one of
  • 00:36:03
    the trading patterns that you're
  • 00:36:04
    utilizing but it's happening at a key
  • 00:36:06
    support resistance level with the higher
  • 00:36:08
    time frame of the three front timeframes
  • 00:36:11
    you use for market structure giving you
  • 00:36:13
    your bias so when you have that this is
  • 00:36:15
    your action plan this is what you do you
  • 00:36:18
    don't do anything else okay this could
  • 00:36:20
    be a sell pattern here okay for someone
  • 00:36:22
    that's a very short term trader okay and
  • 00:36:24
    trades down in date they've made money
  • 00:36:27
    from this point here here
  • 00:36:28
    that's not your trade okay so don't try
  • 00:36:33
    to force more out of the concept than
  • 00:36:36
    its intended okay you're just simply
  • 00:36:38
    looking for a bias for your style of
  • 00:36:41
    trading okay it doesn't mean that you're
  • 00:36:44
    gonna be right all the time
  • 00:36:45
    okay so take that out of the equation
  • 00:36:47
    all you're doing is looking to get
  • 00:36:49
    yourself in sync with whatever price
  • 00:36:50
    action is doing based on your premise or
  • 00:36:53
    your style of trading
  • 00:36:59
    all right obviously this is a very
  • 00:37:04
    simple approach to dealing with
  • 00:37:05
    directional bias but it's meant to help
  • 00:37:09
    you avoid deal for complication that
  • 00:37:11
    tends to happen with traders okay and
  • 00:37:14
    it's usually the new traders to try to
  • 00:37:16
    add all these things to it and squeeze
  • 00:37:18
    all the tools into giving them a
  • 00:37:20
    directional bias with the expectation
  • 00:37:22
    falsely albeit that they're gonna always
  • 00:37:25
    know what direction the parts going to
  • 00:37:27
    move every single day and I'm going to
  • 00:37:29
    tell you guys off they're not doing this
  • 00:37:31
    almost 20 years and I don't get it right
  • 00:37:34
    every single day okay
  • 00:37:37
    you know the secret is to my trading I
  • 00:37:39
    simply wait until everything lines up
  • 00:37:42
    that I'd like to see where the majority
  • 00:37:44
    of all my tolls not all of them the
  • 00:37:47
    majority the things that I'd like to see
  • 00:37:48
    based on my understanding what markets
  • 00:37:52
    suggesting to me in other words or what
  • 00:37:54
    profile are we in are we overall ripe
  • 00:37:57
    for reversal are we in a trending
  • 00:37:59
    condition
  • 00:38:00
    are we in a consolidation area where you
  • 00:38:02
    know I don't want to be taking any kind
  • 00:38:04
    of trading you know with the expectation
  • 00:38:07
    that we're going to have a trending type
  • 00:38:10
    of event unfold because we're gonna be
  • 00:38:12
    working within a large consolidation I
  • 00:38:14
    use that as my building blocks and then
  • 00:38:18
    by using the market profiling to give me
  • 00:38:20
    the initial clue as to where we may be
  • 00:38:22
    trading then I start looking at actual
  • 00:38:25
    individual market structure concepts on
  • 00:38:26
    the three time frames that I use for
  • 00:38:28
    whatever type of trading I'm doing at
  • 00:38:30
    the time because I am dynamic I move
  • 00:38:33
    from one time frame or profile trading
  • 00:38:36
    to another one week I may be simply a
  • 00:38:38
    day trader in other weeks I'll be a
  • 00:38:41
    short trend trader and I wish there's a
  • 00:38:44
    way for me to teach that premise from
  • 00:38:47
    moving from one dynamic to another I
  • 00:38:50
    can't so it may be disappointing to you
  • 00:38:54
    but this is a limitation on me as a
  • 00:38:56
    mentor I just I don't know how to
  • 00:38:58
    communicate that but I can give you
  • 00:39:01
    concepts and approaches to do specific
  • 00:39:03
    styles of trading and you just have to
  • 00:39:05
    wait for the opportunities where price
  • 00:39:07
    action gives you that sweet spot in
  • 00:39:10
    terms of being able to apply it
  • 00:39:12
    okay so by selecting a directional bias
  • 00:39:15
    this does not guarantee profitability
  • 00:39:18
    it's very important you understand that
  • 00:39:19
    nor does it guarantee accuracy in either
  • 00:39:22
    your trade direction and/or your trade
  • 00:39:24
    results one traders bias may be bullish
  • 00:39:27
    okay and they're looking for bias and
  • 00:39:29
    that may exist inside the realm of
  • 00:39:31
    another traders sell bias they both can
  • 00:39:34
    be correct and make money and even see
  • 00:39:37
    both their respective profit objectives
  • 00:39:39
    achieved they both can be wrong and make
  • 00:39:43
    money despite their respective profit
  • 00:39:45
    objectives not being achieved again it's
  • 00:39:47
    not being about being quote-unquote
  • 00:39:51
    correct
  • 00:39:51
    it's about being profitable however they
  • 00:39:54
    both could simply lose money and neither
  • 00:39:56
    trade idea come to fruition there is no
  • 00:39:59
    black and white it's very important you
  • 00:40:00
    understand that as a trader you must
  • 00:40:03
    enter the gray and be comfortable with
  • 00:40:05
    the less than perfect visibility trades
  • 00:40:08
    with the the foresight that you're
  • 00:40:11
    expecting don't exist nobody has a
  • 00:40:14
    crystal ball I don't have it I'm still
  • 00:40:16
    trading on the probabilities not the
  • 00:40:19
    perfect scenario there's no perfect
  • 00:40:22
    scenario okay you as a trader will see
  • 00:40:26
    trades and materialize that will provide
  • 00:40:28
    you plenty of profit taking potential
  • 00:40:30
    live there don't expect 100% it's not
  • 00:40:34
    gonna happen okay I guarantee you the
  • 00:40:36
    only thing 100% is going to happen is
  • 00:40:38
    you're going to go nuts expecting an
  • 00:40:40
    impossibility find your timeframe as a
  • 00:40:45
    trader determine the market structure
  • 00:40:47
    given for that time frame trade within
  • 00:40:50
    that respective market structure and
  • 00:40:51
    perform your targeting on the highest
  • 00:40:54
    and mid-level time frames and I promise
  • 00:40:56
    you you'll have more than enough trades
  • 00:40:58
    laid at your feet
  • 00:41:00
    but it's not about trading every day and
  • 00:41:03
    it's not about capturing a thousand pips
  • 00:41:05
    a month okay it's about consistently
  • 00:41:08
    harvesting profits out of the
  • 00:41:09
    marketplace keeping risk low and your
  • 00:41:12
    action level low
  • 00:41:14
    don't try to trade a whole lot keep your
  • 00:41:17
    trading controlled that way you're going
  • 00:41:20
    to control your emotions your
  • 00:41:21
    expectations will be kept realistic and
  • 00:41:24
    you're going to live comfortably
  • 00:41:26
    in the gray
  • 00:41:28
    [Music]
  • 00:41:36
    [Music]
タグ
  • estructura del mercat
  • direcció del comerç
  • periodes de temps
  • operacions a curt termini
  • nivells de suport
  • nivells de resistència
  • comerciants
  • anàlisi
  • estratègies de comerç
  • preus