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Transcript
00:00hello everyone and welcome back you already see a potential trade here right look at this
00:07what do you see here that's so simple that the price is trying to reach this supply and getting
00:16the sell orders and basically uh trying to oh this trade was also takeable you see that this gap up
00:25you see this beautiful gap up this is a round number and this is a gap up so if i want to take a
00:31trade on the next candle here oh my god my entry is a little bad if it goes a little higher i will
00:37enter one more trade okay so basically if you want to take your supply and demand trade it's better to
00:45enter above that supply okay if this is the supply okay my phone is ringing again i'm sorry i'll be
00:53back okay i'm back boys and this is the first trade that i was talking about when you have abc
01:15you can take the trade the moment that the candle is trying to reach up here but there's some points
01:20there's some points that you know i don't know how to transfer these points to you but if you look
01:27at the previous candles these candles you can already see that the sellers will enter soon okay you can
01:35tell how the candles forming uh they the sellers will enter soon that way you can take um this trade for
01:45for sure okay okay for example here you have this abc okay you have this abc and the candles coming up
01:53and if it when it's coming up you cannot enter here and if if you had entered here you would have
01:59lose straight okay because this is different from that and here the price is basically coming from
02:08a demand area when the price is coming from a demand area it's possible to just don't respect
02:15the supply and after breaking that the sellers entered but you have to know where the price is
02:21coming from okay this was a prior supply which has been broken with solid candles and became a demand okay
02:27when the price touched here it can come up and for example here this trade would be great if the price
02:33is coming up is coming up a little higher but this right here basically stopped that so that was the
02:39first trade okay there's not any demand i don't see that but there's a rejection point you see that
02:52there's a rejection point that it also have rejected one time so i really want this candle to close
02:59below this line so i can go with the bars and also this is the common rejection point okay and also
03:06we have this round number here so we can count on that if we're exactly closing on the round number
03:11that's a perfect opportunity here let me see the market has been going up in this price channel okay
03:18and now it's trying to come down and touch this area so basically price movement um oh no no no no i do
03:30i didn't want to see that rejection it basically ruined the opportunity that we had i'm gonna no no not
03:37anymore they are clearly breaking the level okay so i'm gonna just move on to the next pair that's how you
03:49look at the market that's what i tried to teach you in the basically grand course that it will be out
03:59soon okay um we have this price channel to the upside the last time the price has been touched is up
04:07here so the priority is just coming down so i'll be looking for cells here okay the this is uptrend
04:15but i'll be looking for a cell here let me just look at the other pairs just to see
04:27oh no i don't want to see this gap down
04:29okay i want to go with the bars here
04:45you can already see what's happening here right this is basically a base
04:59this is a base when you have a base candles move in sequence three green candle and then two red
05:07one again two red we can have three green candle to this resistance okay based on the sequence
05:17and also where they can like basically this candle close you have this little gap up but there's just
05:23so many reasons to take this part trade with marginal safety okay so if i want to go for the next trade
05:38okay so this trade right here would be great and takeable if we hadn't this shadow here this shadow
05:46basically consumed this supply area okay so that will make this trade a not really confident trade so
05:53i wouldn't take this trade it was a good trade if we hadn't this shadow okay this shadow right here basically
06:00consumed some of the sellers that we don't know that the sellers will enter again
06:04or this shouldn't keep keep going up and in this case they entered again but uh you never know okay
06:16okay um there's a potential cell there's a potential cell here if this candle is breaking that that's
06:30going to be awesome if we have this candle a nice breakout of this area okay otherwise you have to
06:38just go with the oh no you have to just go with the buyers okay so i'm going to go with the buyers for
06:43two trades here no please don't give me weird rejections
06:51oh no what is this bro okay i want to go with the buyers here but with 25 because i want to go hey it's a
07:01thousand bro jesus
07:08i wanted to go 25 to be honest
07:13that's crazy
07:20this is a high risk trade and that's crazy i didn't mean to take this trade bro
07:29god oh my god i hope it doesn't break the this area yet because it can drop any time oh my god if
07:39you're gonna lose this trade
07:51that's gonna be crazy bro damn go up i wanted to type in 25 i don't know how the thousand came to the game
08:03that's crazy okay so if you're gonna lose this i will take
08:14i will take a couple of 500
08:17at least have a good profit today jesus i know this is gonna happen bro
08:22let's see that's crazy
08:38i swear i didn't mean to take a thousand i was about to lower the risk and then i
08:43increase the risk that's crazy okay
08:54that was a losing trade beautiful losing trade and now okay so we got the support area you see how
09:02beautiful the support area is it has been rejected so many times and it created this abc to the downside
09:11okay basically this is a supply area this is a supply area i really want this candle to come up and close
09:19and basically above that
09:24so i can take the trade
09:30okay when you have these kind of moments uh in your trading journey don't freak out guys it's nothing
09:37okay
09:41i probably can say so many people just freak out and take couple of crazy trades after just to make sure
09:47that they're gonna recover that quick quickest possible and they're gonna blow the account but
09:54you know the logical and the best possible way is just keep looking for best
10:00opportunity instead of just going for crazy trades i was pretty sure that i can take a sell here
10:09but
10:12yeah that was just a mistake no problem man
10:15okay we have a beautiful doji here and i will try to take a doji trade here if i have
10:21enough reasons if we're gonna close here they're not gonna be enough reasons
10:28because this is also a swing it can be a starting point to the upside
10:32okay we know we don't know that
10:47okay since this is not a very nice okay so
10:51i will take this trade only if it comes up comes up enough
11:07okay i entered right here it's a bad entry again but okay if it goes up i can go one more let's go
11:24over here i'm pretty sure that this hand is gonna be all right so we have three trades basically
11:38this is overlapping level okay
11:40and i'm expecting a red candle here my first entry was not that good okay
11:55okay and two of the winning trades no problem we'll still
12:02yeah my first entry was not very nice
12:05this is why i took more trades on that and
12:22this is basically closing exactly on the overlapping level and this trend line okay
12:29okay so these were two layer trend line that we can touch the second trend line as well but for
12:38sure we would have a um reaction from the first trend line because it's associated with the overlapping
12:44level okay
12:59okay we have a nice gap down here and this is the supply area
13:07by
13:19and this is the seller's entry we have a couple of sellers entries you can see that
13:24these are some key points that the sellers has been entered from these points
13:28and uh we can have another one here exactly but i have to see how the candle is going to close
13:38no i don't want to see this one
13:43what is happening up here bro why they are getting
13:49i really want this candle to close above but i don't know what's happening that they reject keep rejecting
13:55that it's crazy it's crazy and oh this area is also good
14:15i don't know what's happening that i don't know what's happening that i don't know what's happening
14:31okay a breakout trade waiting for me
14:43okay okay i go right here oh i don't want to see that gap down gap up i'm sorry
14:51all right
14:56all right
15:10what
15:11the market is kind of crazy today i'm not going to lie market is kind of crazy today
15:23but no worries i got it
15:27they cannot play with me you know okay baby push up
15:32you know this gap up here messed me up otherwise we would have been like having a very nice
15:41green candle bro go up a little more
15:46there we go there we go
15:48this evening trade
15:50but you know that this gap up uh really messed me up so here you know the reason behind this trade
15:57is basically we also have the higher high you see that this was a very nice support we created this
16:06higher high with this very nice smooth like a momentum and then we could uh we was able to
16:12take a breakout trade okay that was very clean actually i was very clean
16:18we can't just keep going up here so i will take a small trade smaller trade
16:26on this one okay smaller trade on this one because i'm pretty sure that the price will try to go up
16:34at least to this area okay but it depends on the scan if it's gonna close down here no oh no
16:42not anymore no not anymore i thought it if it's closing strong candle it would keep going up and
16:53for now it's again it can go up but less probability so i'll just move on and here there was a very nice
17:00breakout trade as well this trade as a sell but look at this crazy gap down this gap down made me ignore
17:07this trade okay and here we have been closing exactly on the sellers entry you know what the
17:14great trade would be it would be exactly on this area as a rejection and margin safety trade because
17:23you see that this is a i told you earlier that we can have another one here for the sellers right
17:37and finally found one guys oh my god okay so i go with sellers here with two very bad entries
18:07i am the master of bad entries i know but look at this this is a very nice sellers entry and the
18:14the bars are also exhausted you can see on the gaps they are also exhausted but i don't know where they're
18:20coming from right exactly i don't know where they're coming from to be honest and i am so exhausted as
18:27well so we have the sellers entry one two and this is the third touch we're actually closing exactly on
18:32the sellers entry but the interesting part here if this is the range we have broken this range we
18:38created this lower look so that will give me confidence to take this trade and yeah today was
18:45basically the um the height i would say the highest risk trading session in my last three months
18:56and that comes from not being careful for one second okay if if it was 25 instead of a thousand at the
19:05first place it wouldn't take this long okay so there are some points that i i have to clarify for you
19:12it's just not i i am really sorry this is not a very healthy way of trading the moment that you make
19:19a mistake you have to basically take a break i did it i basically did take a break because i wasn't able to
19:26find good trades okay so when you have a bad decision or a mistake or whatever you have to take a break
19:36before starting again or if you know if you don't want to take it take a trade you have to be
19:43avert that you are in danger okay you are in danger of blowing your account so you have to be extra
19:49careful with the next trade you will take and please don't increase your amount if your balance
19:55is not high enough okay if i had like i don't know 2k instead of 6 or 7k i wouldn't increase my balance
20:04to 200 or even 500 it can it can make you go deep in loss even more so that single mistake will blow
20:14up your account that's something that i i i wanted to mention please guys be safe and thank you for
20:21watching i don't know if you made this far if you did let me know in the comments if you watch this
20:26video till the end i believe so many people will just fast forward or whatever because it's just too
20:33long and yeah thank you for watching guys and peace out
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