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Transcript
00:00what's up everybody i'm back with another trading session today we're going to take a couple of
00:05trades okay you see that we have a couple of rejections here right so it means that there's
00:11a lot of sellers so now if you have any other reason to take sell here we have abc to the
00:18downside now we try to break this strong rejection plus that abc right i will take a sell trade here
00:25but if you go to the let's go i do two and i got two entries here because we basically have been
00:34breaking the strong supply okay and i'm expecting a red one we also have this gap down but i don't
00:43care about the gap down here because uh the probability of uh you know selling sellers
00:48to enter is just a lot higher than that yeah so i go with sellers here
00:56and let's see we'll add a couple of pairs just
01:07all right we have this uh pretty nice round number the first trade was a winning trade
01:13we have pretty nice round number here but it didn't touch the round numbers so
01:16basically reversed from this um trend line but no worries i'm just gonna wait
01:23put this to close down here or i might enter with marginal safety let's go for marginal safety
01:34i enter right here
01:35um in this case i'm not expecting a breakout like this because first time it wasn't able to do that so why
01:45would second time come and break that so i'm expecting a rejection something like that
01:50and i entered exactly on the round number it could be better if i enter lower than that
01:58and i'm telling you again if i wasn't seeing this candle before this running candle i wouldn't take this
02:04trade okay i wouldn't take this trade because it was possible to just break everything and drop okay
02:10okay okay exactly close on this round number now i'm gonna go with the bars but this time for
02:1625 oh my god my entry is so bad yeah because it's closing on the round number okay
02:24if it will it uh in this case if it's gonna break it's gonna either break on this candle
02:30or it's gonna reverse to the upside okay yeah
02:37my entry is so bad but i'm not gonna add more trace to this one because it's not something to
02:44add okay i wouldn't add it to this trade it's possible to break if we had in this lower low
02:51okay we also have the higher high but you know this lower low right here and this candle's
02:56pretty big body okay
03:06it was a winning trade if this is a hammer i would go with the bars again okay all right we have this
03:12gap down as well let's go with 100 again let's go with the buyers here we're either gonna create
03:18this red green pattern or we're just gonna go up so i probably to go up that's why i go with the buyers
03:23um let's draw this precisely
03:31oh basically okay no problem we're breaking this trend line now
03:42um it's still possible to have a green candle but you know what
03:48if you go to the lower time frame you will have this price channel coming up like this
03:53okay and you can see that let's just go to the lower time frame we lost this trade no problem but
03:58let's go to the lower time frame i'm going to show you something
04:04now this is the lower time oh
04:08it was a winning trade okay fair enough uh this is a lower time frame okay this is the lower time frame
04:14and this is the press price channel i was talking about okay um i wouldn't say this was a good trade
04:21to be honest it wasn't a good trade because if you go to the one minute time frame you'll see that
04:26the the candles are just constantly making lower lows okay and but this one also higher lows okay
04:35except this one so basically it's going to create a price and downside and we don't know if this is going
04:41to keep creating keep creating these lower lows or it's going to break to some at some like in a
04:48certain direction that's why it wasn't a good trade the only thing i would say was good about this trade
04:54is because the previous candle was a hammer candle and close like it was above this round number as a
04:59level plus this buyers entry pretty strong buyers entry okay so uh let me give you a quick tip
05:07when you have small and big shadows in a buyer's entry without any any gap it means that the buyers
05:13it's one of the characteristics of uh and strong buyers entry just like this one okay especially if
05:20this is an engulf so yeah so this one closing is a hammer above this round number and the next candle
05:30starting with this gap down from the body of this hammer it was the only reason to take this buy trade
05:36otherwise it wasn't like it exactly against um the market's direction for this point okay
05:46because we might just keep dropping
05:50let's just go to the next pair and the trend line here
05:54still a gap to the trend line i'm gonna go with 25 here 25 i'm not sure about this because we have round
06:07number here
06:10okay no this is a marbuzu i wouldn't trust this i wouldn't trust this
06:17i would rather to go with the buyers but i'm just gonna watch the price now
06:37should be very careful about marbuzu candles sometimes they are big reversal candles they are
06:44like causing some crazy like causing some crazy reversal but sometimes they're just sign of
06:49free drop of the price that's why i am not trusting this
06:56but uh if you wanted to take this trade would be under this um round number see that the marbuzu is so
07:04unbelievable that's why i don't freaking trust the marbuzu's man okay
07:22marbuzu's are crazy
07:23and still i don't know what the hell this mark is trying to do here i don't know if it's gonna break
07:33if it's bro what are you doing here
07:37it's it's basically hold on it's a major uptrend if we oh my god if we consider this one oh look at
07:47this beautiful qm if you consider this one as a basically the price price direction
07:55it's coming down in a major scale okay it's trying to come down but i don't see like it's a base okay
08:03it's a base with long rejections if i want to take a trade here i have to take my trade on the rejection
08:09points but i don't trust this
08:31all right i want to take a trade on this one this is a very nice trade very very nice trade
08:36oh nice okay this is a very nice trade boys
08:52three two one let's go this is here oh yes we also have have the gap up i will add more if it goes a
09:01little more higher let's go man what is this let's see
09:15i wasn't expecting this aggressive move of buyers i'm expecting a very nice
09:24red candle here but i don't know why the buyers are here the buyer should be i mean the seller should
09:30be triggered now and they drop but the buyer is just super aggressive
09:40let's see i mean if you're gonna lose this trade i would go crazy man
09:48okay the reason behind this trade is pretty simple you can only tell
09:52uh this is a third touch breakout trading this is a breakout of the doji this is a very strong supply
10:02okay that's just so many reasons creating lower low for the breakout if you want to take a breakout
10:09rate and at the third touch you need to have a lower low okay having a lower low will increase the
10:18probability of having this world plus we have a doji break here as well it's another confirmation
10:25like imagine just imagine imagine if we had this kind of closing in this round number oh my goodness
10:31i would go freaking a thousand dollars on this trade but this was also a pattern three bar up it needs
10:38retracement we also got the gap up this was the best trade of this week okay
10:42and yeah i'm gonna end this right here i hope you enjoyed if you did drop a like for me uh when i see
10:49people like like the video i go crazy to make more videos for you so if it's helpful for you um please
10:57like the video okay thank you for watching everybody and peace out
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