All language subtitles for TraderFXBuchacali 001 - 3

look at okay we can see here
this trade was taken on a

likely would have closed the
trade early so we could

actually do is be super
realistic with your trades and

say we're sitting in a
profitable position at this

actually alter our end of day
trade target to 10 PM and let's

find the supply and demand we
have a nice clear supply zone

market like this and that's
going to give us the most

as you can now see another
markup has been laid out now

those who are not or if you're
trading with funded accounts

trading into that zone again
this time for a potential 10%

demand zone so let's plot that
out go for this target down

Friday we can see Friday's
market closes at this point so

something we can also look at
within this setup is the timing

so once again we're going to
scale back to previous price

win. so as you can see these
rules replicated once again

this is something I find
important to do obviously some

Wednesday there were no
opportunities that follow our

you one more example further in
the price. You can see on

Which will be talking about
very soon and we move over to

begin to implement in first of
all the live back testing and

have seen an imbalance leading
into this area. Third we can

this up a bit by removing these
captions for now. Obviously you

rules are good we can see that
everything's working and we

indeed get a large drive down
following all our rules and

which broke this structure. So
what we can do from there is

have brought us another
brilliant successful markup and

bringing you profitable results
you can amend them and you can

supply zone then then we found
the supply zone place the sell

limit in it then we put a stop
loss above the zone and we

and we can see here okay we
have a very large imbalance

actually then close the trade
here count up those profits

instead and make a note of an
early close due to the close of

we can drag the target to there
and we can see that this trade

works So if we can continually
replicate this and we see this

about how to track it all. But
here you have a markup which

into this level around zero
point7 3 one 8 8. So therefore

markup, put it into your back
testing document. There's

going to be a video on that so
don't worry about that right

with companies that don't allow
that such as FTMO what you can

now we can see here at 10 PM
the market closed there so we

here and as we can see when we
then look at our markup we did

set our cell limit on the
supply zone. Fifth we put our

we know that the market closes
on Fridays so what we can do is

stop loss above the supply zone
and sixth we targeted an

where price is where price is
likely to go to now because we

have a completed markup. At
this point you would save the

clearing the high of the zone
as we can see here and number

rule number five put our stop
loss above or below the zone

point we're probably going to
hold that for as long as we can

shows your rules in action. Now
sometimes your trading plan may

imbalance after the break of
structure. Third we found and

marked on has been retested and
has been broken through with

the trend which occurred here
second of all we found a large

six we are looking to target an
imbalance supply or demand zone

to plot that on fifth we put a
stop loss above the zone

imbalance supply or demand
zones now I can see a couple we

can see that the first
imbalance demand zone that we

zone so if we go ahead and once
again use our cell limit tool

identify imbalance. So going
into Friday's session we would

broken through during
Thursday's session. Around the

the Thursday and Friday impress
action. What we can see what

there's rule number one. Rule
number two is going to be

New York session, we have this
large impulsive drive down

here fourth we can set a sell
limit in that supply or demand

people will be happy to hold
trades over the weekend but for

rules. But on Thursday formed a
new set. Let's just meet in

was the new swing blow and the
structure has actually gone and

continually amend them until
the setups work and until your

was we got a break of structure
at this point, okay? So this

will have screenshotted and
saved this and tracked it.

happened on Wednesday in Asia
session and throughout the day

realistic as it would be if we
were live trading so as we've

happening multiple times and we
see this winning multiple times

second of all in live markets.
So what I'm going to do is show

we could then gather that this
is a working system that we can

can clearly see here that we
have some price imbalance.

bearish breaker structure then
we found an imbalance into a

targeted the imbalance and as
you can see that set of rules

imbalance third of all we found
and refined a supply zone which

structure in this downtrend so
this the first step of finding

instance we would have set a
sell limit we can go ahead and

refined the supply zone at the
top of the imbalance. Fourth we

because if your rules are not
working and your rules are not

not be perfect. And you may
actually find that the rules

you've written down don't work.
Markups can be useful this

had a break of structure.
Second of all we found this

spoken about in the previous
chapters refining your entries

follows all of the rules that
we marked out. First of all we

are looking at markups we get
best possible opportunity we

goes in line with the trend
this is an imbalance supply

a setup. Now the second rule is
identifying imbalance. Well we

this breakdown So because it
broke through we can

started before my trading
session started we had a low

the movement now over the first
day there was no tradable

refining your zones we can go
ahead and do that within our

was filled okay so we have this
imbalance leading into a supply

one of interest so what we can
do now is go forward and see

have it all marked down now so
we first of all we had this

markups so if we refine it to
the 30 -minute time frame in

are doing markups this is what
we would have seen before it

and then rule number six is to
target an imbalance supply or

point come in here so this is
going to be the swing low for

imbalanced demand zone. Which
led us down in at this level

rules are working out to be
profitable but we can see the

supply the fourth rule is to
set a sell or buy limit in this

start of the day I would have
seen this nice break of

demand zone so if we scale back
to price we can look for

confidently say okay the
trend's going to continue and

now. I'm just showing you the
process. We're going to talk

and pulled in a 5. 7%
profitable setup. And here you

have this one which is of
interest and we also have this

and we have another imbalanced
demand zone leading through

we've broken this low here. We
are also coming out of further

Tuesday here in this day of
price action coming into the

put our stop over the high of
that supply zone which follows

is right no trades were ready
for me on the Monday but on the

rules met okay we had first of
all a break of structure with

zone so we want to see the
imbalance field to trade into

this example we can see here
then that on Tuesday we had our

zone so the next rule would be
to find a supply or demand zone

now we can also go down and
refine we want to do this as

structure occurred during the
second day and it occurred

without hindsight. So the first
rule is market structure. We

Best possible trades even
though they won't be this

Obviously it was filled later
in the session but because we

can see from this point onwards
we are in a downtrend. Okay

broken lows. So we can look for
here a break of structure which

market and give you the
confidence and give you exactly

what it is that you need to
look for so that you can take

know we want to follow
structure in our trading. So we

best places to exit and overall
the best possible opportunities

these rules that we have marked
out here and see the

perfect when you go live or
when you go to the live back

towards the start of the second
day okay so what this tells us

you can take. Now you shouldn't
expect to be taking trades this

testing but it is going to
obviously open your eyes to the

opportunity for me with the
trend but this break of

is following the trend. Now I
can see just before Monday

opportunities that presented
themselves. Because we're

mentioned this is going to show
you the best places to enter

opportunities presented by
these rules. As previously

want to look for a break of
structure. But obviously we

we're at the point where we
have our list of rules down and

looking in a market format we
get to take the best possible

perfect one hundred percent of
the time when you are trading

we can then do is begin looking
through press action following

orders and wait for those
trades to trigger. So now,

we have our chosen traded days
and chosen trading hours. What

execute if anything's there and
if not, set alerts or set

our full trading week so what
you could then go ahead and do

is box out the trading sessions
obviously we are only going to

realistic hours for us to
trade. So what I'm going to do

make sure you're using the
correct hours for you which for

Asia session time that we're
not going to be trading so you

September. Now what we can do
is analyse at the start of each

start of Asia session or just
simply New York session. You

out the hours of 7 AM to 5 PM.
Now these are hours that I'm

the screen all day but these
are times that we are happy to

sure that you are not actually
accidentally putting in this

you're elsewhere in the world
other than the UK, these hours

is the time that I personally
will be asleep. Obviously, if

day that I want to stop my back
testing from. I'm going to set

London open and then 5 PM is
going to be the New York close.

day but I can analyze it the
start of each day and then

move on to the next day. We
completely avoid this section

day. Work out if there are any
trades there for us and then

area because this is the area
between sessions this is the

me are going to be between 7 AM
and 5 PM. Though the tradeable

are active between the hours of
London session and New York

Thursday and Friday for the
week commencing 13th of

trading so if you are a trader
who trades London session you

London session 7 or 8 AM and
then the end of the London

hours are not going to be
sitting glued at my screen all

likely going to be active to
trade. This is 7 AM just before

that on the chart and we can
continue doing this we now have

because this is the Asia
session. As you can see, this

the chart. We can move forward
to 5 PM once again and mark

be trading within certain
sessions so you need to make

can plot out the London session
by going to the start of the

can then box out each session
that you're going to trade like

is actually set out on this day
the thirteenth of September the

take a trade and that we can
set alerts within so they're

start of a week the 13th of
September and if we go to that

can then is work out what
timing we are going to be

session obviously we're not
going to be sitting group to

you never trade GBP CAD. If
you're going to be trading for

day of trading we're going to
consider that we potentially

need to understand and get
mastery on. So make sure you're

what that's going to do is mark
that out on the chart. What we

back testing. So in this
example I'm going to choose the

may not trade London session
whatsoever, that's fine just

list down in a notebook or
simply do what I'm doing here

may be different for you. You
may be trading New York and

going to back test on because
these are the ones you're going

session 1 PM for these examples
we're going to look at a full

desk stick it on the wall
whatever or just write your

to refine to and specialize in
and the only ones you really

we start the markup analysis is
choose the date and timing. Now

about refining watch list at
the start of the technical

understand the best possible
things that we could see and

example three pairs, GBP, USD,
GBP, AUD, and AUD USD. You can

it's so important about the
next areas of back testing that

so so this point we have
Monday, Tuesday, Wednesday,

live so when you have your list
of rules you don't need to

benefit of hindsight in the
real markets. And that's why

trading pair that you are going
to be trading live. We spoke

view of it but you've probably
got it written down somewhere

actually see everything and get
a real eye for the market and

write it on the chart you may
want to so you can keep a good

So if I go to the next day 7 AM
there we have 7 AM marked on

what we need to be looking for
when we're actually trading

Once you have your rules, the
next thing to do is choose a

want to go through when we're
doing our markups. We want to

possible opportunities. Now
you're not going to have this

we're going to talk about in
the next video but for a good

starting point this is where we
want to begin because we can

trading on the right pair and
then the next thing to do when

make sure that every trade we
take follows this structure. So

going to go to this little
calendar at the bottom of

trading view. Click on this and
choose the start date for my

then select these pairs and
these are the only pairs you're

I like to back test through a
week of data. Which means I'm

chapter and that theme is going
to run them without back

testing. There is no point back
testing for example GBP CAD if

so potentially print off your
trading plan keep it on your

know we're trading with the
trend we may look for

what we're first looking for is
a break of structure in the

market. And obviously because
we have markups we have

hindsight on our side. We can
actually look at the best

this is our technical rule
checklist and this is what we

imbalance from there when we
found the imbalance it's going

in this example we'll go with
sell limits to set the sell or

buy limit within the supply and
demand zone we want to put ah

want to find our entries. So
step two is go to be identify

target the previous areas of
interest, previous imbalanced

just briefly looked over in the
previous video. Our strategy is

demand zones or supply zones in
previous legs of movement. So

stop loss of or below the zone
let's say for this example to

imbalanced areas into supply
zones because that's where we

of trading in this area of
testing are the technical rules

to place on a sell limit or
wait for confirmation entries

technical rules. But what we
need specifically for this area

actually prepare a set of
rules. You should have done

going to be following
structure. So first of all we

structure. Now when we found
that break of structure and we

the downside. So step one going
to be find a break of

supply or demand once we found
that supply and demand we want

you'll have your risk rules,
your psychology rules and your

laid out in a checklist. So
let's say for example as we

this in the previous chapter
the trading plan. And obviously

to lead us into a supply zone
or a demand zone and when we

even want to find a break of
structure to the upside or to

want to look to sell so step
three is going to be find

trade into that supply and
demand zone that is where we

and how to actually form the
markups that we can then take

data from and improve our
trading with. So before we even

going to do now is head over to
the chart we'll talk through

start any testing and any
markups. What we need to do is

this the realistic timing
building a checklist of rules

exact timing that you will
trade yourself. So what we're

you need to make sure you are
back testing the exact and the

be different for you but
essentially what I'm saying is

trades you take. You only want
to be taking the trades that

occur between 7 AM and 5 PM or
if you are a London session

an area from say 7 AM to 5 PM.
What this means is any trades

trade between 7AM and 1 PM or
if you're a New York session

off from your trades in an
evening. So potentially mark up

trader between 1 PM and 5 PM.
Obviously that's UK time it may

that you go to sleep or the
times that you will be signing

when are you likely to be
trading. If you're from the UK

a swing trader and you will
trade at any point throughout

trading realistic timing. So to
do this you need to think about

the day you should still mark
up the times between the time

you're likely to be awake and
active trading and the times

and you trade the London
session a nice early morning

the London session to do your
back testing within. If you are

that happen outside of this
range are not going to be

show you how do it in a moment
is to make sure that you are

trading session you should make
sure that you are marking up

when doing markups and other
forms of analysis. I'm going to

they do not trade. Something
that's really important to do

they're doing back testing is
the timing of your trades. When

people back test many times
they will just go back into the

present to you on the charts in
a moment. Which a lot of people

regardless of the timing. Not
considering that some of these

trades could have been taken at
3 AM or you know in a session

markups. Now one of the big
considerations we I will

past price action find setups
and continue to take them. Now

before we do get into back
testing. These are things like

miss out on or completely
forget about or overlook when

the timing your rules and then
how to actually form the

ones that are going to build
your eye for the markets and

also show you the best case
scenario trades that you should

be looking to take. Now there
are a few big considerations

before we start back testing.
Obviously markups are the first

kind of back testing that you
should do because these are the

In this video we're going to
talk about the back testing

process of markups. Now there
are few things to consider

realistic outcome for everyone
of our back tested trades