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00:00thing first in the last video we're discussing about previous days high previous days low
00:05and one more factor that is the where the prices are opening so now let's
00:12go towards after the opening after the initial few minutes of action
00:20let's look at different locations first of all opening outside range inside range inside
00:26previous days range and outside range is fine now after the opening now the main focus is
00:36after the opening to see what is the activity of the price comparing with viva
00:46okay comparing with viva on the next upcoming videos i'll be explaining you about
00:52before the market opening how i'll be marking the zones particularly but at this stage of market
01:00let's complete this flow of the opening activity comparing the opening with viva
01:09okay so now very important to understand that is generally what happens on any day let's take any
01:16trading session look at this action aggressively which is trying to move down a day like this
01:21where the price easily trying to move down but opposite towards the opposite side if you're
01:27checking any other day this kind of straight away price dragging down does not happen on all trading
01:34sessions it's not an easy tasky straight away price open and dragging down okay there are occasion what
01:40will happen a day like this price opening immediately trying to stay up and down my main focus after the
01:46initial 5-10 minutes i'll be silent enough every day i will be not aggressively focusing on any trades
01:53okay initial 5-10 minutes my plan of action will become very simple in such a way let the candle first
02:01five minute close now my main focus is first of all whether the price is outside the first initial 5-10-15
02:10minute range or more staying inside the initial first 5-10-15 minute range okay so in this case this
02:18candle is a wide candle almost 800 points per candle so this is a wide range candle now what's the activity
02:25next here just see we need to understand what is happening in terms of the action we'll take a different
02:31example look at this is a big big formation here almost 50 percentage of the can 40 50 percent of
02:37the entire candle of first five minutes in which the wick is formed and price closed exactly near the viva
02:46exactly near the viva that means straight information the sellers were trying to push the price up price
02:54down somewhat by the time before the candle close buyers slowly try to come in and reverse the price
03:02towards upside so this is it in this particular zone there is some buyers who are trying to defend
03:09whether they are strong or weak how to identify very simple this is where i'll be taking help of the viva
03:14on initial morning activity of the market if these buyers are really stronger what they will do so think
03:22in a practical way don't complicate your thought process think in very practical way minimum first
03:29they will try to push up and make the price to stay above the viva or cross the viva and start trading
03:34towards upside these are the only two possibilities a buyer will be doing so that he or she can push the
03:44price up and take benefit of the upside that is what exactly they will be doing but look at this current
03:52price action what does happen just look at the current stage of action price on the next two
03:59candles so my main reaction here will be next two candles also trying to come down i'll be not straight
04:04away jumping in for any kind of bearish trade i will tell you why okay first of all first reason i will
04:11tell you why i need to see this zone where last time when the price was trading in the same 41 200 300
04:19in this range because here buyers are coming what are the activity who are in the control of the market
04:26i'm zooming out the chart probably the five minute charts is very far away there is no data which is
04:32available simply i'll be jumping in straight away to the daily time frame 27th right yes this is 27 40
04:42is jan 27th right
05:12Here I am speaking about this zone morning this 41 200 300 wala zone now what happened
05:22on the daily time frame just try to understand around 41 200 300 levels what is the activity
05:30last time when the price was trading in the same zone price was consolidating price was
05:36consolidating and later of buyers have pushed the price towards upside so automatically
05:41can you understand one thing here in this consolidation who has won the battle who has won the fight
05:47whether the bulls have won the fight or beers have won the fight this is the point
05:51question number one which I will be personally taking here so obviously
05:55on the bigger time frame what happened is price went towards downside activity towards
06:06right anyway daily time frame so much consolidation and a clean up move came in so there is a chance
06:12the buyers can come in for a different actually what is happening on smaller time frame was the
06:19same activity but one more point to be noted I will tell you what is the point exactly
06:25there's one more thing on the daily time frame which was clearly visible I will show you
06:31let me open a separate five minute chart in the separate tab make it more easy yes same day now
06:40try to understand there is some buyers are there and we have seen on the daily time frame the buyers
06:44are there in the same zone but longer long back or probably on the october 2022 but still this
06:52consolidation buyers so price approaching the same zone for the first time it has to be given some
06:57respect because price look at this this is the point where most bulls have started again price
07:03rejected from the same zone now price is crossing it coming below it now two things to be understood
07:09one there is some consolidation here where ultimately buyers have won the battle try to understand
07:14here there are two different things one price aggressively moving up two it is consolidated and
07:21went up these are two different things straight away moving up that shows aggression here consolidating
07:27and moving up there was a fight both are completely different I personally take both in a different
07:33perspective in terms of understanding the action but here what is recent activity here can you see
07:41price consolidated pushed up false breakout reverse back down trying to come down here sellers for the past
07:49two three trading session comparing from this day 27th for the past two three sessions sellers are
07:56really showing some strength same zone which was the breakout zone is acting as support now it has broken out
08:04and closed below it next day also price is trying to move down so we need to respect this aggressive
08:09sellers we need to keep in mind that these aggressive sellers are active in the market at current stage
08:17at current stage of price action they are actively trying to participate or they can participate in the
08:24action so there is a fight getting ready between this consolidated and the battle has won by the bulls
08:31and these current action of sellers who have made a false breakout rejected the price made a downside
08:38breakout need to understand in that perspective so now so those buyers who are there on this consolidation
08:44on the daily time frame they have shown some strength in the initial few minutes but what is the action
08:49after that price came down so if you ask me will i jump in straight away to plan a bearish trade 101%
08:55no sir i will never straight away jump in because i know these consolidation players are there
09:01we cannot underestimate those daily time frame consolidation it's not a 5 minute time frame
09:07consolidation 15 minute time frame consolidation it's a bigger time frame consolidation and daily time frame
09:12almost 10 12 trading session of consolidation and price shoot it up i have to see initially if whether
09:22these buyers are coming these buyers are first tick they have came in and then price again came down
09:27but now but remember one thing price coming down still the morning low is not being breached
09:33okay if the price automatically broke the first five minute low and started trading below it then i can
09:40say that this sellers are those who are made and break out on the daily time frame break down on the daily
09:46time frame they are more strong straight away on the next trading session also they are showing the same
09:51strength but here try to understand what has happened is quick price came down but no this low has not been
10:00breached price trying to reverse up that means who are these buyers same guy same players who are in the
10:06consolidation won the battle they are again trying to defend now this is where this week is just
10:14not much giving better clarity but here can you see this continuous series of bullish players are trying to
10:21come and push the price towards upside this is where the VWAP will help us in the opening initial few
10:27minutes of activity because first one hour of trading session for an intraday trader generally markets
10:34try to move up and down kind of a mini volatile activity is there despite whatever the mix is
10:39generally it happens right until unless if the price is not overlapping the VWAP if price like this
10:46moving down moving up around the VWAP above below then it's fine right so you have one more attempt
10:54from the bulls now now this is where i will slightly update myself by just plotting the volumes to
11:00understand what is happening that will be giving a better clarity for me what is happening now let's
11:09understand how strong the bulls are not with the volumes only but i will show you volumes are slowly
11:14coming down okay try to understand two things here what retailers will be doing and looking at this
11:21after the wick formation and next continuous red color candle so retail traders will be more excited
11:27to plan a bearish trade why looking at candle colors or despite the wick formation price is trying to
11:34come down continuously with bearish bearish candle and the candle range is getting bigger so here the
11:40sellers are dominating just finally retailers looking at candle colors they will what they will do jump in
11:47for a bearish position but try to understand one thing these daily time frame never ever underestimate
11:53a bigger time frame player okay bigger time frame player we should never underestimate them so my plan
11:59of action will be very simple i need to see either price let it trade below this week clearly or a
12:06strap and a rejection an attempt from the bulls if they are failing this will end up becoming a trap that
12:13means trap for whom trap for these late sellers will get their stop loss under and if the price started
12:19trading above it then i can consider for any bullishness trading above we were clearly fighting
12:25with the sellers if the net price moving up then i'll be more comfortable to plan my bullish focus on
12:31shifting my focus of trade execution trade entry towards a bullish plan a call option buying or a future
12:39buying directly in terms of upside direction but here in this case what is happening price trying to
12:45move up closing above vwap try to understand for the bulls by any chance if the buyers who are trying
12:52to come if they are really strong want to push the price up either made a close minimum they have to
12:59cross this eye then only the upside is possible or they are to consolidate but here what is happening
13:03next candle immediately complete candle is reversing back the complete almost near the low price coming
13:11almost near the low and then prices started consolidating here i am not using volume anything here but can
13:18you understand the activity here what is happening the bulls who are trying to come
13:24immediately there is no respect for them these morning sellers coming in straight back trying to push the price
13:30towards downside that means one point to be noted here these bulls are not showing much strength point
13:40number one extending beyond some point they are unable to extend their rally because higher level selling
13:46pressure is there higher level pressure pressure is coming in from the sellers higher level sellers
13:52pressure is coming in still these sellers are strongly trying to come one more point to confirm
13:57this is the up move midpoint just try to understand let me clearly plot the mid level here 41 4 1 0 to low is 41 0 3 0
14:12just simple 41 4 1 0 minus what is the low here 41 0 3 0 3 80 points divided by 2
14:241 90 minus the high 41 4 1 0 4 1 0 4 1 2 20 this is the midpoint
14:39just see the action here
14:42one thing is bulls are strong they will start trading above the vwap or they will cross the high
14:46they are not doing that there is a small weakness which is clearly seen here and the point number
14:52two to be noted is the this up move midpoint now they has to minimum trade above the midpoint no
15:01okay because trying to practically understand if the bulls are so stronger they will not allow these buyers
15:06this daily time frame bulls which i have shown on a bigger time frame they are really stronger they
15:10will not allow the price to move down drag down slowly steadily they will not waste much time even if they are
15:17dragging they are dragging they will immediately reject but they will not allow the price to stay sideways
15:23around and below the midpoint try to understand close look at the close of the candle below the midpoint close
15:30below the midpoint close below the midpoint close below the midpoint close below the midpoint
15:36here the bulls are not coming in minimum they have to come here or if they are planning to make a
15:41trap immediately they have to reject trying to understand but at any point of time if the move
15:47whatever up or down moves coming if it just their intention of this move is just to trap why traders
15:54trap why big players trap make a trap moves because to fill their quantity because trade they trade in
16:01lakhs and crores of quantity if they are wanting to place it on a market order then it is a difficult
16:08process that is where they will utilize is it by triggering stop losses of retail traders by doing
16:16a trap order trap move once they are making the trap move obviously the chances open up for filling their
16:25quantity at their higher level and then they will reject the price back right reject the price towards
16:35downside try to understand if the most intention is trap faster the rejection reversal will be on the
16:41same direction okay if the prices for example i will tell you one thing prices let's say price is
16:48moving down and if by any chance any trap moves coming it will not spend start spending time at higher
16:56level it will immediately reject if the price is moving up any kind of trap moves coming it will not
17:01waste time here by going sideways it will immediately reverse back because the trap intention is only
17:07to fill quantity not to spend time here if they are spending time for example up move small trap if
17:13they are spending time here here automatically what will happen is price will start consolidate
17:19their intention is not to waste time here the intention if the big player intention is to move up
17:25they will not waste time here here what is happening down move upside because of these bulls on bigger
17:31time frame okay how can we confirm is this a trap move or only is the real buyers are coming in is the
17:39real daily time frame bulls are coming in they will start trading the price higher they will break this high
17:44they will continue to move up all this activity all the bullish sign activity upside activity will take place
17:50but here time to understand no upside activity immediately rejecting clearly coming below the midpoint
17:58clearly consolidating closing trading below the midpoint this is where comes the real picture two
18:06stage of an approach i'll be focusing here is i will be more comfortable to plan my bearish trade this is how
18:16the trade intrigue gets developed rather than strategy it's again we have to go with the flow of the market
18:23flow of the market and enter the trade only strategy doesn't give trade entry this kind of flow catching the
18:30flow of the market around the reference level around the zone can help to execute the trade
18:40again in the last two videos we are discussing about the foundation level of understanding of chart now i am
18:47upgrading slightly to one step ahead as the video goes on the one one one one step by step i will be upgrading the process
18:58by adding few more reference level few more important zones so that you will be more clear you will get better
19:06clarity so what will be my plan of action my plan of action becomes very simple so when i'll be focusing to enter i want two
19:18clues in my favor to take my entry a directional entry i want minimum two clues in my favor
19:27of single direction either upside or downside single direction right morning sellers came in there was
19:36a fight buyers trying to reject so one thing is very clear this up move price immediately rejected
19:44and started trading around and below the midpoint so information is clear here this up move is just a
19:50trap move not any aggressive momentum trap move after seeing price coming below the midpoint closing below
19:57the midpoint i can confirm this as a trap move and the point number two price aggressively already falling down
20:05rejecting from vwap pullback rejection two information is there one here the sellers after the midpoint close
20:12sellers are more controlled and the second information is these buyers the daily time frame buyers
20:20morning they have made an attempt with a wick and then they are again making an attempt no again they are
20:24failing again they are failing making the price to close and trade below the midpoint so weakness is
20:30from the buyers and these sellers are rejecting the price they are not allowing the bulls to come in
20:37they are showing making more power more fill push with their quantity by pushing the price towards downside so this is
20:46the second clue two clue two clue one is weakness one is sellers are trying to come weakness from the buyers
20:51and the sellers are rejecting these intraday morning sellers who push the price down so both the clue is
20:57suggesting what one simple thing that the bearish traders are there the bearish traders the sellers are there
21:07two clues in single direction that is downside direction here what i will do here price is
21:11consolidating once price expand outside this consolidation i'll be keen enough to ready to plan
21:19my bearish trade point number one okay this is the one stage i'll be planning my bearish trade with
21:26spacing a small lesson about this because try to understand one attempt made here bulls not much
21:33aggressive price again came down second attempt not much aggressive price came down now look at this
21:38this third smallest attempt this third smallest attempt has been made again price is trying to come
21:43down means so this is where i'll be more comfortable below this consolidation glow i'll be planning my
21:49short side trade with a small sl placing sl above this i'll be playing a small sl and i'll be focusing for
21:57my one is to to risk reward or i'll be looking for the price to break this low okay this is will be my
22:05morning a small low risk with one is to took a risk reward wallah trading opportunity i'll be trying to
22:13grab i'll be not stopping from this point also i will be also checking one more factor
22:22this is done right price came down fine enough fantastic smaller stop loss decent one is to two car
22:28risk to reward ratio now i will tell you what is making me confident during live market to execute
22:36the trade now after market after the move anyone can tell sir this was the down move now you might
22:41anyone can tell from this it will fall down now what is creating the confidence back of my mind
22:49if let's say this is the chart running here if i if i'm just showing you this is the chart running here
22:54what i'll be doing nothing right side i can't see anything this is the point from where the price is
23:00running here what is making me to create that confident in executing the trade because here as
23:07i mentioned i want two clues of my direction in my favor and both the clues are suggesting one side
23:15weakness from the buyers and the morning sellers are rejecting try to understand one thing sir
23:20if the buyers are weaker who will dominate seller and here the morning sellers are trying to reject
23:27the sellers are rejecting who will dominate sellers sellers is equal to sellers then what is the
23:32direction downside can you understand try to understand this is how simple we are making the
23:39trading better we can make profits in the market so here my focus is on what i prop trades i probability
23:48trades in the same one-sided direction so here what is the high probability sir weakness from the buyers
23:55sellers can push the price down chances are there sellers can push this morning sellers are rejecting
24:00the price not allowing the bulls we are making a trap and rejecting the price against sellers
24:06so sellers and sellers what is the highest probability of price direction sir up or down this is what i will
24:13ask to myself this is what you need to do you need to ask to yourself what is the high probability up or down
24:21obviously down sir high probability my focus is to not to trade every move not to trade every tick not to trade
24:30every day my focus is on catching these kind of high probability moves with the chart confirmation
24:38then automatically confidence the decision making confidence will come in every trader's mind this is
24:49the reason i always tell you have to learn think out of the box look the market something different
24:57right this is the advantage of the opportunity now now try to understand this is the one trade is done
25:03fine fantastic great now look at the same midpoint price again bulls are trying to make an attempt
25:12now what i need to do one more attempt has been made sir price rejecting forming and kind of rejection
25:18candle can i jump in for a trade undidden one percent no after taking a trade after the trade complete
25:24what i do i just wait for a few minute of action okay let the price consolidate or do whatever the action
25:31it want to do okay i will not jump because i have reacted here again price is slowly trying to move up
25:40then me that means i will be more reacting again in the same zone i need to see what is the action
25:45if my first focus is here and let's say price is somewhere trading below here only this is way far away
25:52then i need to see what is the reaction on the left side is there any other reference level or not
25:57but here what is happening again trying to go up let the i need to see again what is the activity
26:03again in the same zone is there any rejection again coming in or not this is my focus this is how i will
26:11be focusing here what is happening price again making an attempt again reversing back rejecting from the
26:19midpoint rejecting from the vwap if i am plotting any is there any pivot levels are also there that can
26:24give an additional boost you could see here s1 additional boost multiple reference level s1
26:33this is additional boost for me rejecting from the zone now now try to understand there are two
26:41possibilities which can help us again this is the midpoint need to see where is the next midpoint
26:47i is 41 215 and the low is 4900 so almost 316 points 158 points
27:00minus 41 215 41057
27:08okay 41057
27:10this is the midpoint price is rejecting here sir but it is not closing below the midpoint so it's not
27:19like after markets are rejecting below this weekend short no try to understand one thing here one more
27:25attempt from the bulls if the price is more stays above the midpoint the up boost also possible just
27:30because one rejection i'll be not jumping in midpoint is there some buyers are there that is the reason price
27:36is trying to move up you need to see what is the activity below the midpoint by any chance if this
27:41candle would have clearly rejected close below the midpoint i'll be more interested to jump in
27:47straight away below the candle low but no you need to see what is the activity here can you see price
27:53is slowly slowly slowly slowly trying to consolidate now price this time trying to trade below the midpoint
28:02clearly consolidating clearly consolidating very important to understand now price yes it is
28:08consolidating so this time the consolidation is not so much clean enough we are checking this zone
28:15we cannot precisely mark any zone two candle up two candle here and then price is trying to move down
28:21slowly trying to move down with with now try to understand consolidation is happening by the time
28:27consolidation this midpoint and at this location already it is 150 points away okay you are taking
28:35a trade might be risky because one any attempt here onion rejecting any trap and rejection before breaking
28:42this low will throw out our stop loss throw out our stop loss this is where the coming low is near what i will
28:51be more interested to see is let the price break the loser let the price because here the consolidation
28:58was not so clean if the price was somewhere here i will be more comfortable try slowly coming down with
29:04all low confidence candle look at the close many weeks are forming no clarity closes there before breaking
29:10this low right where sometimes i will be not getting confidence in and looking at this low confidence
29:19candle small small small weak formation no clear consolidation small weak weak formation on the upside and
29:25downside this is where i will be not in an urgent because midpoint in each a price closing and consolidating
29:32this consolidation is not the same like normal consolidation here and then breaking down it's not like this
29:38normal consolidation okay this is more weak formation no clear candle here this is where i will be more
29:47comfortable to wait to see price breaking the low let them the retail traders will be ready making the low
29:56the retail traders will jump in just because the low this is where i will be looking by any chance
30:03by any chance breaking the low are we getting any trap and rejection why trap and rejection i will tell you
30:10it because here this low confidence candle no volume is making more retail crowd to come in those who are
30:19missed this morning move seeing this rejection looking at candle color
30:28more trying to jump in for a trade with this low volume more retail participant when more retail
30:35participants are there i want trap i will tell you one thing if i'm just blindly i can tell sir i will
30:42shot below this again because consolidation is there i'll play stop loss my stop loss would have not got
30:48triggered but this is not the way i'll be trading on real-time markets i want to see more retail crowds
30:53less confidence direction is clear but confidence level is less i want a trap any trap here let it break the low
31:01let retail traders participate at trap and price is rejecting this is where i'll be more interested
31:07trap price is rejecting from where in the same consolidation it is acting as a resistance now
31:13from the same location where the buyers are coming in now price is consolidating coming down price is
31:20trying to move up rejecting support turning into resistance immediately i'll be not looking at anything else
31:28i'll be straight away ready to plan a bearish trade at which location at which location below this low
31:39here first time low retail crowd trap price is reversing back again sub support is turning into
31:46resistance now below this low i'm interested with placing a stop loss above this candlelight that will i
31:53be more interested to plan my short side trade with one is to two risk reward why this high is all because
31:59of trap there is support which has turned into resistance now the again buyers sellers will not allow the
32:07buyers to again go there rejection this is where i will utilize it as my opportunity trap i below this i'll be
32:15more comfortable one is to take a risk reward why trap is there support is turning into resistance here i was
32:24looking for a consolidation what's not happening so i'm not i'll wait but this is where sir where you have to
32:29wait more so to make that multiple clues in your favor this is where the high probability trade opportunity comes into
32:38play more you are confident when i am more confidence i'll be taking a trade i am ready to miss a move i am
32:46always open and ready to miss a move but i am not ready to take a trade with low confidence looking at
32:53this small small wick candle low confidence candle and with low volumes i'll be not ready sir yes direction
33:00is clear from here price is clearly trading below it sellers are still coming in everything is great but
33:05looking at this scandal formation definitely low low confidence scandal more retail traders will
33:12participate that means when more retailers are there from here the price straight away move down
33:17no problems this is the mindset which a trader need to develop no problem to miss a move because
33:22most traders what they do sir what if from your price would have straight away move down we would have
33:27missed this no problem for me sir i am ready to miss a move but i am not ready to
33:33lose my money just by looking at this candle more retail crowd when more retail crowds are there low volumes
33:43is there chances what is the probability sir whether the probability of moving down is more a probability
33:49of trap is more if you ask me from my experience probability of trap is more okay this is where i will be utilizing
34:00these kind of same zone simple zone here still i have not gone into in-depth about marking the
34:07particular levels and trading marking a zone and taking my trades so far i have shown you two
34:13techniques one with the simple previous the high and low seeing the reaction seeing the zone and
34:18executing and the second technique it is looking at the bigger time frame using the midpoint concept
34:23and executing the high probability approach okay various techniques various strategies various ways
34:30of entry i will be discussing as the stage goes on the video goes on but you have to follow one by one
34:38one by one stage by stage start doing the exercise exercise number two for you now first exercise the
34:44video format the chart format i have the same type same format now with this simple midpoint concept just try to
34:52understand what are all just look at different example go back on the chart look at different
34:58examples and share various chart use the various chart make a video or take a photo write it down and just
35:06share with me as this exercise number two before moving on to next video complete the exercise then move to
35:13the next video just because don't jump into the next video immediately without completing the exercise i will
35:19tell you because if you are not completing the exercise jumping in for next next video you are aggressively
35:25trying to complete the course fastly don't complete the course fast go in stage by stage because once
35:32you go stage by stage then only you can understand the concept because now when i'm speaking it might be looks
35:38very easy to you but ultimately beyond some point after few weeks few months few years you have to be
35:46your own decision maker you have to make your own decision in live market then only you can become
35:52a successful profitable trader in a long run i will be supporting you guiding you but beyond an extent your
36:00mind as to your smart mind has to be more getting ready to make decisions okay
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