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00:00okay let's understand now how i'm marking important zones first of all before there are two things
00:07which i generally plot in my chart one is levels and one is in a box format called zones first let's
00:12understand the second part now try to understand both these levels and zones levels is a single
00:20price level first of all and in in the zones levels is single price level generally i use this
00:26as an kind of a target level if i'm executing or entering a trade and i just try to see in both
00:32levels and zone one thing common is what is the price behavior okay what and how the price is
00:42behaving around those level that is for me the most important priority i'll be giving in marking
00:48both levels and the zones now try to understand levels is i will i will come to the part during
00:54the level stage now let's understand in terms of the zones so here are two stages of which the zones
01:01is generally i personally plot okay i'll write it down first using the using free tools okay which is
01:14which is uh probably i will call it as an using volumes okay free tool by volumes by volumes and
01:30how to plot which need to be given importance how to focus on that everything i'll be coming to this
01:36in this part of this course this is the point number one using free tools that is using the volume term
01:41and second one just a minute yes and second term in the last video i have mentioned about this
01:49i'll be using order flow this is it's a tool where you will get the orders getting seen in the live
01:56markets okay i'll use the tool order flow but this course is completely not for this i will not
02:02discuss anything about order flow here okay because this course is more designed to more focus
02:07using only the candlesticks okay only the free resources or tools which are available with the
02:13candlesticks in the trading view platform so order flow content i'll be not discussing how to mark this
02:18in this complete course but what i will do is i will try to share all these levels with you personally
02:24so you will you can get benefit out of it and you can make use of it so let's get focusing more
02:29on towards this one by using the volume tool that is simple i will use a fixed volume profile as a tool
02:40you could see this tool is available for free here the fixed volume profile trading view any platform
02:46generally it's a free trading view no need to purchase anything no need to buy any subscription
02:50premium version of tool nothing nothing is required you will see this you will see an icon here
02:55you see an icon here okay where you can just click on the corner and just go to the fixed volume
03:03profile so what first of all let's understand what is this fixed volume profile what are the information
03:08you will be getting it before jumping into the charts and understanding really what's these levels
03:13and how it gets plotted before there are very what i can say need a very detailed understanding of
03:20how these volumes is more important why should we first of all the question always comes why
03:27why why should i give importance to the level how confident i can be stay on these levels in
03:34understanding the price action first of all try to understand volume profile those who are very new i
03:38will show you this how it looks volume profile for example if i'm just trying to plot any session
03:44my work is i'll be just clicking on this fixed volume profile first start of the candle preview any
03:50previous days training session start of the candle and end of the candle okay i am getting this multiple
03:56data points you could see i could see many data which is getting plotted here one here this is light
04:02color and this is again this entire zone is dark in color again this area is light in color so now try to
04:08understand very very important factor i will be explaining you point to point stage by stage same thing i'll be
04:15going with the plain whiteboard first to make you understand in a better way so once you are taking
04:21an x point that is at 9 15 while a candle okay till 3 30 okay 3 30 last candle for the day this is the
04:30start point and this is the end point where you will be selecting the volume profile any day it's not
04:36only precisely only previous day whenever where is the price based on that i will be shifting the days
04:41i'll be explaining you one by one now try to understand once i plot this i get many data here
04:47first of all the dark area which you could see on the chart just a minute
04:56the dark area which you could see on the chart that is called try to understand i will tell you the
05:00terminologies and what is the importance of it dark area is called value area value area generally means
05:0870 percentage of trading activity taken place on that selected particular training session
05:15for the entire eye to low 70 percentage of trading activity the area which has taken place exactly at
05:2168 percent but now it's been more comfortably taken as 70 percent 70 percentage of price which has taken
05:29place activity taken place on any given selected session is called as value area so this dark color area
05:36which you can see here dark colored area is called value area okay that is only main focus has been plotted as
05:45red dark in color okay so now as this fixed volume profile our focus is only to get the zones nothing else i'm not
05:54giving anything more here at this stage any importance to this volume profile fixed volume profile my only focus
06:02i'm giving only priority to understand volumes why only volumes try to understand
06:10big the bigger the volumes right more the quantity has been traded in this particular area here this is
06:17no price level this particular entire area more the volumes more the volumes has been bigger and bigger you
06:24so you could see this is here volume is the highest and the second highest is probably this entire zone
06:31okay or i can say precisely if i want this is the second highest zone and this one bar is a third highest volume
06:38which has been available at this current levels right so now my main focus is on the volumes why volumes try to
06:47understand big players generally trade quantity big in numbers they don't trade or play with a smaller
06:54quantity they are usually trading with huge quantities in the markets every trading session lacks and grows of
06:59quantity so this volume profile where the highest volume is there the zone it will help me it will help me to
07:07understand one important thing will help me to understand one important thing this is an area where which last time
07:15more quantity has got filled last time more quantity has got filled last time more quantity got filled on
07:23particular trading session in this area so this will help me to understand this zone will be acting as a very important zone
07:37on upcoming trading session how to plot and what is the use of this zone i will tell you
07:44first of all and one more thing this is let one more you can see the red colored line here so this red colored
07:51line is called volume point of control it's called as volume point of control here i am marking the entire
08:00zone if i want a precise level where which highest precise price level where which highest volume has been
08:08traded then it is the area called volume point of control so automatically this both the volume point
08:17of control on this area both becomes very important so here what i will be doing is i'll be automatically
08:24checking taking this entire zone as an important level so volume point of control single level is not
08:30required because we are i personally will be carrying forward this entire area i'll be taking this
08:37entire area for example this was the session where i was checking this i was plotting this
08:46right plotting this levels on recent days also if these levels has been updated also on the free telegram
08:54channel also right now what i am done is where is the market opening try to understand market has closed
09:01here so my first focus for any given trading session for the next trading session my focus will be
09:10system yes any given list this is the trading session for any given trading session my focus will be
09:16i'll be checking along with the previous days i previous days low along with midpoint my next important check is
09:25where in which area the volumes
09:31volumes quantity volume activity was more bigger in terms of big in number for the reason
09:40first market closed here first i'll be checking in this session last previous let's say this
09:45is next day market opening this previous trading session what are we doing i'm just clicking on this
09:50first candle 915 to 325 candle so i'm getting this area here this is the crucial area where which
10:00more volumes has been traded on this particular trading session fine so what happened is along with this
10:09we cannot say price close there and next trading session activity can happen here what if market
10:15open higher what if market opens lower so we and i will be more ready for all the scenario where what
10:22all the possible area markets can open so you can see this this is one two three four bars are there how much
10:30bar should i consider very simple sir you see this red color line this volume point of control one bar above
10:38and one bar below this area i'll be entirely considering that means from this to this this becomes my
10:46important zone for the upcoming trading session because this trading session has been already done
10:52so but this will be my first focus of zone where which i volumes has been traded now next what if the market
11:02opens higher what is the zone i need to last time when the price was trading in the same zone what and where
11:09it was probably two days back only that means then what i'll be doing i'll be just clicking on this
11:15and i'll be dragging it and once i first 915 to 325 a candle so now what happens just see this area
11:25automatically i'll be plotting this entire area this is poc volume point of control one bar below
11:33and this one bar above but this is very low volume so i'll be taking this as the entire important zone
11:41okay so who have dominated here now need to understand who has dominated here try to understand
11:47in this zone these are two zones which has been plotted here who have dominated here
11:52how to identify just see what's happening price is trying to move up down up down and later on price
11:58moved towards upside only so anyhow bulls have dominated and try to understand
12:05one more factor multiple attempts made for the price to push down push down below this levels
12:13below this zone below this volume but unable to sustain failed moved up so buyers dominated so i'll be
12:20taking this as one of the important demand zone one of the important demand zone demand is created by
12:26buyers supply is created by the sellers you need to understand more clearly in a bold letter you can
12:33write it down demand is more created by the buyers and not buyers means this is not option buying or option
12:40seller no this is common buyers who are bullish traders common sellers who are bearish traders so here
12:46what happened price was trying to move up rotating here moving up moving down but ultimately price
12:51took a support here dragged towards downside so this is an supply zone this is the lower level demand
12:57zone higher level supply zone so for me this is ready now for me this trading is ready now what is the
13:03information i'm having is having here is let me erase everything what are all the information i'm having here it's more important now
13:17uh let me plot this also parallelly
13:32yes this is one demand zone sorry supply zone which i have already mentioned and the second one is here
13:46so now this becomes very important very crucial for my upcoming trading session i'll be giving more
13:58importance to this zone how the prices are reacting when to react and how to i'll be giving importance so
14:05now here on the on this day you could see this there might be many areas where such this volumes here and
14:13volumes has been came up here and this is the highest area of volume so now my main focus will be on any
14:20upcoming this is untested it should be untested very important this is some volumes here but it is
14:26already tested on the next trading session so it is not valid for up any other further trading session or
14:33upcoming week okay only upcoming zone which i'll be giving important which is untested for let's say market
14:40has not opened here so this zone is untested so this will be i'll be giving more priority and the next
14:46area will be you see this volumes here these are both are normal and sudden small volumes has been
14:52increased here so for me this area will also be important on any given upcoming trading day to
14:59understand what is the reaction how the prices are reacting will be very crucial for me on the upcoming
15:06trading session here what happened price moved up and aggressively rejected this will be also acting as
15:11my supply zone or a seller's interested zone forget about supply demand if you are not comfortable with
15:18sellers interested zone buyers interested zone here as per your comforts and if how much how easily you
15:25can remember it as per your comfort okay once i plotted this that's it no more i'll be not giving any
15:32importance these are the chart which has been plotted in front of you as i mentioned there are two things
15:37one is the levels another one is the zone first let's complete understand the zone then i'll be moving
15:43to the levels okay so now this is the what zones has been plotted few videos back on the previous of
15:52previous videos you would have seen you would have seen only using those levels which are visually available
15:57i know midpoint these are normally used commonly used by almost many traders in the market now try to
16:05understand once this zones is been plotted once this zone has been plotted volumes are there so zones are
16:12plot okay my work is done no okay no the work is not done now your focus is in this zone last time when the
16:24price activity was happening you need to understand exactly what was the behavior you need to clearly
16:32have an idea exactly what was the behavior what was the behavior i will tell you try to understand i will
16:41try to extend this zone here yes this is the same zone but not for this trading session but for the
16:46upcoming trading session don't get confused now try to understand what happened here
16:54morning price was sideways was continuously into sideways sideways and then hakmu came in here i
17:02have taken the bullish trade here we will discuss about it later it was in the live session also i have
17:08taken this bullish trade in this area only we will come to that later but here this was the zone what
17:13was the activity price was staying sideways buyers to control and then this sell off from the sellers
17:21try to understand these zones easily crossed morning it was more in control of the buyers easily crossed
17:28by the sellers try to understand all these buyers have been easily crossed by the sellers now very
17:35important to see after the cross whether it is becoming an breakout failure and price is getting
17:42reversed up or it is prices crossing and staying below it slowly continuing its direction there are only two
17:49possibilities if any zones or levels has been crossed either it will end up becoming a false breakout it
17:55will reverse trying to cross an upside false breakout reverse or price is crossing it will start staying
18:01above it and it will continue to move at these zones will start converting into support and if the price
18:08is moving down and started trading it might convert into a resistance this can convert into an resistance right
18:16what happened here zone crossed one more attempt on the upside this same zone converted into resistance
18:25just try to understand the zone which has converted into resistance can you see the aggression in which
18:30the price came down can you see the aggression in which price came down because there are cases
18:36there are times there are cases where what happens is price will cross this would have crossed on this
18:43this session because here this zone my main focus is i need to identify what was the activity that's it
18:53because this zone will not be seen on this trading session it will be used on upcoming trading session only
19:01so your activity only activity of in perspective of buyers versus sellers my only focus is to identify the activity
19:11price crossed fine price started trading below it two candles below it now once it is approaching the zone
19:20again it is getting a rejection now this rejection is so faster price dragged completely down can you see
19:27can you feel this sellers aggression aggressive sellers trying to push the price towards downside
19:35towards downside this is called an aggressive activity that means here there are quite a bunch of
19:44strong sellers who are shown an interest in pushing price down so my next upcoming any day when the price is
19:50approaching the same zone my only focus my only focus will be what
19:57on this year on the this is the trading session where price again came in you know this is the
20:08strong sellers who have dragged the price towards downside agreed fine now i need to see the activity
20:15i need to see the activity of what whether i need to see the activity of buyers or sellers i have already
20:23given an hint on previous videos okay before i am answering just be honest and tell yourself this
20:31answer for the question whether at this zone i will be giving importance to focus the activity of buyers
20:38or sellers i'll give quick 10 seconds just rethink and answer to yourself and find out whether it is correct
20:47or wrong now i'll be answering it i'll be focusing the activity of buyers why we know already sellers are strongly
20:58push the price towards downside sir now when the price is approaching the same zone if the buyers are getting
21:05weaker automatically the sellers will dominate and push the price towards downside with no doubt
21:13with no doubt sellers will dominate and push the price sorry towards downside
21:26so sorry warning what happened here is buyers trying to push the price towards upside
21:35and then this up moves slightly continuing here and then the price reversing and coming below
21:40fever right now this is the i this is the low the midpoint is somewhere here okay i low and midpoint
21:49of this warning of move when the price is approaching this zone now try to understand sellers who are trying
21:54to come in how strong when they will more powerful sir if the price comes starts trading below the midpoint
22:03or minimum a clear candle close below the midpoint then only the sellers we can tell with more clarity more confident
22:12with more chart confirmation that the buyers who are coming in they are not so stronger
22:21and they are clearly rejecting and clearly sellers are trying to strong sellers are trying to take control
22:28right so now the midpoint is here what's happening there are two possibilities again here so one price
22:39trying to move up once this zone comes immediately rejects and in the next few candles it will one or two
22:44candles it will form a clear bearish candle aggressively reject back down but in this case it has not happened like that
22:50price slowly rejected came down slowly rejected around vwap again a down move again trying to make an up move
22:58rejection up move and finally candle clearly closed sorry ah finally candle clearly closed below the midpoint okay
23:10so candle once it is closing below the midpoint what i am doing is what i was doing on the live stream i was planning
23:16a short side trade actually my plan was to or it should have been to take a short side trade immediately
23:25below this candle low or this nearest wick candle low but but in this current stage of market as the budget
23:33has just completed markets were volatile so possibility of trap is also very high more the volatile more the trap
23:42to also to play slightly safer and i was planning a trade below this 41 200 and below levels because
23:5041 200 round number 41 190 195 around which i was planning to take my bearish positions on the live
23:58session i was updating also this one midpoint clearly closed below sorry price clearly closed below the mid this
24:07was not the midpoint yes somewhere around the midpoint was here price clearly here price not clearly
24:12closed below the midpoint or not below the previous candle also previous candle was also here
24:18so here in this candle price clearly closed below the midpoint not only because of the midpoint i'm
24:24jumping in for a trade try to understand one more thing you need to be very clear these are all the
24:28techniques where which i will be taking my entry also use the basic price action rule warning price is
24:35rejecting one more attempt from buyers rejected one more attempt from buyers rejected what's happening
24:39here sir eyes are shifting lower it's forming and lower eye formation whenever the buyers are making
24:47attempt first attempt second attempt third attempt the attempt from the buyers is getting more
24:54weaker how i am telling more weaker first attempt i was here second attempt i third attempt i this time
25:02first attempt when the buyers made an attempt price closed above vwap i was formed here second time when
25:08the price closed made buyers made an attempt price closed above the vwap this was the i third time when
25:15the price made an attempt price not even ready to close above the vwap not even ready to close above the
25:21zone price trying to reject that's it rejecting clearly closing below the midpoint multiple lower eye formation
25:30this is where i'll be taking my trade actually let me be very honest my plan of entry should have been
25:37below this low only candle low because once this candle low close next candle price shoot up here so
25:44it is not possible to enter the trade in the live market i was practically seeing it in front of my eyes
25:49once this candle close next candle was straight away back here near to this level only okay actual entry
25:56should be would have been below this low only with sl placed probably near and above this high only
26:02okay but for the safety purpose because i was seeing markets were volatile for the past few trading session
26:09based on the market condition both the volatile possibility of trap is also there because of multiple week
26:15year price can again come to this point again and up move and then it can reject back towards downside okay
26:22so here this was it and actually if i would have entered here i would have entered here
26:31i would have easily got this full one is to two one a risk reward
26:36one is to two risk reward if i'm plotting i'll be clearly plotting this
26:42short side
26:47sorry
26:52almost one is to two two risk reward you see this one is to two voila risk reward right actually if
27:10if i would have taken this here itself because of the trap and one more thing i will tell you because of
27:16the trap volatility chances of trap is also there and one more thing it was friday session generally
27:23what i do now i will tell you one more thing which has helped for me or i will play conservative my day
27:29i am a safe trader or a conservative trader but this is what i do i generally on monday and on friday
27:38i just try to be somewhat conservative sir start of the week okay start of the week let me tell you
27:45start of the week with the first trade of the week is going on a loss means somewhat what happens now
27:50our mind even if how strong confident we are our mind will be like somewhat it will ask first trade
27:58itself is going in and wrong direction okay and on the friday same scenario first day of the friday
28:05next what is there two days weekend we should not spoil the weekend first of all and monday we have full
28:10week of trading both the area should not be spoiled let me be honest this is my approach your approach
28:17might be different but this is my approach okay now this is what the activity is happening okay so
28:26but i was conservative we have taken the trade here what happened price came down there was one more
28:30levels i will tell you what was the level when i am explaining the level video i will come back to the
28:35the same chart and i'm explaining you i was expecting the price once this level tagged this
28:40level was one of the important level i was seeing let the price cross if it is not causing the reversal
28:45is also possible so i was trialing my stop loss at cost with few scalping i have taken here i was also
28:52updating about the scalping you can book some profits here in terms of the scalping perspective
28:57because this level is very important i'll come to this level what was this level and all if you could see
29:02same level here this was the same level okay 41094 what is the level how is the level came i'll be
29:09explaining you during the level video because now if i confuse you with level zones everything it will
29:15be kind of and confusing uh what i can say multiple thing coming at very quick time okay so this was the
29:23level once it was crossing but because of my late entry the trialing stop loss of my few quantities
29:30as tagged here and then price dragged towards downside if i would have gone with the actual entry
29:38trialing hazard cause this would have not tagged and would have got it full benefit of this down
29:45now just because blindly one is to two sir i will be this is no rule key try to understand sir one is i want
29:53to follow one is to two risk reward trade one is to two only sir wherever i am entering i'll be waiting for
29:59targeting one is to two that way trading will not works okay market doesn't care from where you enter
30:07it doesn't mean market has to give you one is to two risk reward rule market is not our friend or not
30:13any close member who will be helping you at any situation and who will be doing all your wishes okay
30:20market no market doesn't care who you are who i am who we are try to understand so we cannot fix
30:27ourselves to one is to two every time and every so and so what is important what i personally do is
30:34try to understand
30:38very simple approach there should be
30:41no major opposite participants who will be disturbing the movement that's my main focus the
30:51opposite participant who should not disturb so here what is this these are sellers we are expecting
30:57markets to fall down to all the opposite participants buyers those who can come and defend the bullish
31:03players who can come and defend don't again i will be don't get confused buyers and sellers when i'm
31:07speaking it's real buyers and sellers here there is nothing in terms of option buyers or option seller
31:13don't get confused so here we are focusing going along with the sellers for a down move so when the price
31:20is trying to move down there should be no major bullish traders who can come and disturb the price action
31:29okay how to identify that very simple try to understand this was the morning up move
31:33the midpoint was easily crossed so no longer these buyers might be so strong price is trying to move
31:38down beyond this low this year is the next reference level that is previous days i is the next reference
31:46level so in between this zone this area is open this area is open there is no zones levels so last time
31:53when the price was trading at the same zone what was happening sellers aggressively crossing the price down
32:00so automatically we are on the short side i am on the downside plan taken a downside trade so i'll be relaxed sir i'll be relaxed
32:12with one confidence that minimum till previous days i minimum till this levels there is no
32:21aggressive disturbance of area is there levels might be there so the 41094 levels was there that is fine but
32:31aggressively disturbing opposite party this is reference level this is completely the sellers if in the same area for example in the same area if there was some aggressive buyers who are pushing the price up then i need to worry to
32:48closely check if price approaching this zone whether these buyers are rejecting or not but here
32:55there was no particular zone here was sellers who aggressively push the price down
33:00so i might be not more thinking key price whether it will move down or not only focus i was giving is 41094 levels
33:09whether it is crossing or closing or it is trying to get a small rejection a small attempt to reverse back up
33:16that is the reason even in that case what i have done is
33:22you could see this 41094 yes this was the level after getting minimum one is to more than one is to one car risk reward
33:32then only i am just i was trialing my stop loss once i got that one is to around 41094
33:39then only i was trialing my stop loss not before that because generally what i do once
33:46i am taking this kind of trade unless it is not a breakout trade i will be generally waiting for
33:53minimum one is to one then i'll be more comfortable to trial my stop loss at cost okay one is to one means
34:00it's a kind of decent profit for example you are risking 10 000 per trade that means your minimum
34:06mtm is seeing nine to ten thousand that is where one is to one risk reward is coming in
34:10so once is there decent number one is to one you have got no point in after one is to one what i
34:16believe after one is to one no point if the market reverse getting your stop loss triggered no this will
34:22completely disturb our mind if this activity continuously happens many times on multiple
34:29session it will disturb your mind clearly okay you might call again this can be a conservative play
34:36but this has worked for me a lot rather than clearly seeing price going in our favor rather than getting
34:43stop loss done better to come out of the cost if the by any chance price trend suddenly changes because
34:50try to understand change in the activity without having level there are days rarely it has happened there are
34:58days the zones were clear only reference levels are very far away there are days the price would have
35:03reversed i have seen it in front of me with open portions so we cannot say this will not happen that
35:09will not happen that is the reason in the market there is nothing called 100% sure shot nothing called
35:16100% sure shot the only confidence which is improving me helping me is this zone is no major to disturb
35:24but because of my conservative play entry the trialing sl at this guard tag but actual entry was here
35:30it would have not got right now i'm saying price moved up near this previous days i so near to this
35:37previous days i i'm obviously getting this one is to two car risk reward that means it is more fine
35:43okay if any reference if i'm entering a trade and is there if there any reference level or is there any
35:48zones or levels which is there minimum i'll be checking minimum there should be no disturbance
35:54till one is to one risk reward if my stop loss is this much minimum till one is to one risk reward
36:01there should be no major disturbance after that whatever is happening later on we will see but
36:06minimum one is to one there should be no major reference levels or zones and any area of opposite players
36:12who is disturbing me then i'll be comfortably taking the rate if there is a disturbance which can come
36:18for example as i mentioned here there are buyers are also there then i will be rethinking
36:24one is to one is not close for example i'm taking a stop loss here 80 points in just next from this
36:31from this my entry point in next 50 points there is some buyers who are there if that is the case i
36:36have been not taking the entry because i know if they again come in for this disturbing in reversing
36:42the price up or pushing the price up automatically if the buyers are stronger it will go and trigger
36:48my stop loss very easily i will not i am not ready to get my stop loss triggered so easily with knowing
36:57there is some players who can disturb so here there are no major one to disturb then it is fine for me
37:04i will be more confidence this is where the confidence build as i mentioned i need two
37:09confirmation this is aggressive seller zone price is aggressively not ready price closing clearly below
37:16the midpoint lower eye formation i wanted two confirmation in the seller zone buyers are getting
37:22weaker lower eye formation price is closing below midpoint i got three confirmation okay i got three
37:31confirmation and the fourth confirmation the zone around name until one is to two probably there is
37:36no major to disturb so four confirmation or arm say i'll be entering a trade without fear because
37:43most traders what they do once they enter a trade they become more fearful problems
37:50two possibilities one you are not confident what you are doing and the second possibilities is even if
37:55you are confident your position sizing is wrong you are risking more you are risking let's say 5 percent
38:0110 percent 15 percent 20 percent of your capital on the single trade then you will have fear once
38:06you enter a trade slightly once after entering a trade the small move which if it goes against us
38:12you will be panicking then it's a problem reduce your position sizing start with small and then make it big
38:18okay in the next video i'll continue forward in understanding for the further action and further examples
38:25various examples to understand the zones and then in probably next few videos after few years we'll be getting more
38:32understanding about those levels
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