00:00what is up boys i'm back with another video today i will take some trades with
00:06candlesticks ecology and i'm looking for this candle to close then i can go with sellers
00:14okay this is also a bad market with long shadows you see the long shadows
00:19long weeks so you have to try to enter with a marginal safety okay
00:25and you see the rejection so i really want to go with sellers here
00:35but i will enter with marginal safety oh man what is this gap i will enter with marginal
00:40safety okay okay i enter right here let's add a couple of pairs so we can switch between them
00:48easily i go with sellers right here right on this round number as well okay okay here you see that
00:56the price is coming down this is a price channel okay and also this trend line has been broken and
01:01these two are big momentum candles just like here we might have couple of retracement to the upside
01:07but still there's a gap to this you know kind of uh buyers entry but i i don't trust this because we
01:15might have another green candle to this line here okay so i might go with even uh you know buyers here
01:24uh let's that's kind of risky though
01:30okay they're pretty strong i will go with buyers with 100 because no man wow
01:36okay these two trades are closed okay this one was a win and the next one was a losing trade okay
01:47so i will enter again with marginal safety at this trade
01:53and this trade was a losing trade okay because i think this is my fault because i didn't check the
01:58trend line this is perfect trail line and that's totally my fault okay there's nothing wrong this market
02:07okay so here also you see this price channel is going up and still there's a gap we see strong buyers
02:13entry from this a trend line so i will manage to enter with a buy position here with 200 and uh
02:22yeah let's see okay and also here i'm waiting for this candle to close we had a uh you know break of the
02:30support area and retesting okay i go with sellers right here and also this one also going with the
02:40sellers because we didn't even break this level uh we rejected like crazy and close under this level
02:47there's still a little bit of um gap to this level we might have a uh small green candle here but i entered
02:56with marginal safety right on this level so it should be fine about this one i go with sellers
03:02here because we created a lower low here and the market is trending down and getting rejected from
03:08this level and also this is a retracement rejecting from the level so uh there's two scenarios at this
03:14trade okay one of them is that it's gonna keep dropping at least until this level okay and the next
03:22scenario is then it's trying to break this level if this candle breaks this level at least gonna go
03:26to this level okay so these are two scenarios here but it seems that the trade is trying to
03:33kind of be a winning trade still again i will go with sellers here but that that one and also this is
03:39the other trade that is winning trade closed on this level okay and uh yeah this is the next level
03:48because you know uh there might be a okay you might think that okay uh there should there can be a red
03:55green pattern yes of course there can be a red green pattern but i go with sellers because previously we
04:02have strong sellers retracement and this should be sellers okay so the priority is going with the sellers
04:09but the buyers can reject the market and close as a green candle there's always you know uh different
04:16scenarios in the market and uh you know the person who's trying to trade should manage their risk
04:22okay for example here i didn't uh really care about this red green pattern because of this momentum
04:27and you know but also uh you kind of should count the situation for example this trend line is also
04:34strong here and it created a red green pattern here so here we don't have that much of rejection so
04:40and this is still 50 50 okay in this rating session i'm trying to kind of catch all the opportunities
04:48i see i don't really uh overthink them for you to see how many scenarios we have in the market like
04:54for example here we can break to the upside because we don't have any sellers activity at this candle
05:00and also we can you know keep going with the red green pattern because previously we have strong
05:05rejections from this area and you see this inverted hammer red hammer here and also this uh round
05:11number here so it's really depending on the person who's trading okay uh to how to use the these
05:17concepts okay so here i'm just gonna wait and the whole markets uh you know a story is that um
05:27considering proper scenarios okay if you know if you know what i'm saying considering proper scenarios
05:34is very important i go with uh buyers here okay we have strong i might go one more straight here
05:44please come down a little more okay this is the same entry though okay so you see that uh we won
05:52the straight here which we had took this trade but we didn't drop okay so the scenario was like this
06:00and then this candle came into the game and changed the game like i said there was two scenarios
06:05one of them is going to keep dropping until this level and the other one is going until this level
06:10so you see that the uh second one is happening here and uh yeah this is i'm not trying to fight
06:18with the market this is the key some people um okay they think that okay the scenario is like this
06:23so this stays in their mind forever even if they they see these candles and again for the next candle
06:32they go with sellers they go with sellers hoping that the market is going to reverse hoping okay but
06:37the markets keep going up and then they get mad they try to revenge the market so here they go with
06:43buyers okay they say that okay buyers time i go with buyers but this is retracement time okay they lose
06:50again this is kind of mind game that uh traders really struggle these days in binary option of course uh
07:00and the forex market is kind of the same but there's a little bit of uh differences but uh basically they
07:08are the same thing uh in terms of uh psychology of the market okay let's see this is a strong level
07:17but this is also a strong momentum okay let me see okay we have a trend line here
07:33see this trend line i really want to go with sellers here but there's a gap and uh we have a gap up
07:47okay this level hasn't uh you know the gap hasn't filled yet so this gap up shows that the bars are
07:54eagerly trying to fill the gap but no problem i will go double trade for the next uh trade if this candle
08:01is a losing trade okay if this trade is a losing trade because uh you know if there wasn't any gap
08:07we probably had a i would have a small uh red candle okay um the sellers again rejected the price from the
08:15supply area okay what's going on this is basically a bad market i should have entered with marginal
08:20safety in these kind of markets yeah i advise everyone that enter with marginal safety in uh in
08:28the market with long weeks but still i take my trades like this i don't know there's something wrong with
08:35me okay this is a winning trade but still this is so risky that you know in these uh long weeks long
08:43with markets uh you know trading with um you know kind of immediately after candle closing you have
08:50to kind of wait for marginal safety okay for example wait and enter at this level okay if you enter right
08:56to this level 95 of the time you win if you enter with marginal safety you might miss couple of trades
09:04for example here for example here for example here if you wait for marginal safety for entering here it
09:11it's not going to come up okay then it's going to drop and you're going to get mad that you you know
09:15missed this trade perfect trade but um yeah you're um the trades you're going to take is going to be
09:24more sure okay but you might miss couple of traces okay okay that's uh no problem
09:32because there's a lot of opportunities in this market okay so yeah that's it guys i hope you learned
09:40something if you learned drop a like for me if you didn't learn anything don't drop a like for me okay
09:45that's simple as that and uh yeah thank you for watching guys if you have any sort of question you
09:51can ask uh in the comments or in the telegram channel community tab um there is a place that people talk
09:58together together together they ask the questions you can you can join and it's obviously free okay
10:05and yeah thank you guys and thank you for all your supports all your likes and everything peace out
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