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These are the user uploaded subtitles that are being translated: 1 00:00:01,040 --> 00:00:05,279 so entries are pretty much one of the last things that we're looking at right 2 00:00:05,279 --> 00:00:09,200 you know we spoke about this at the very start of the module in that introductory 3 00:00:09,200 --> 00:00:13,040 uh to technical analysis lesson where you know essentially we need to build 4 00:00:13,040 --> 00:00:16,480 the story right first so if i just kind of put up the 5 00:00:16,480 --> 00:00:19,520 sort of main uh areas of confidence that we look at 6 00:00:19,520 --> 00:00:23,359 right market structure as we know always comes first that in in my opinion when 7 00:00:23,359 --> 00:00:26,480 you're starting to build a trade idea no matter well no matter what strategy you 8 00:00:26,480 --> 00:00:31,439 trade market structure always comes first that is the main confluence then 9 00:00:31,439 --> 00:00:34,719 we can look at our supply and demand zones right and we want to see where 10 00:00:34,719 --> 00:00:38,320 they are positioned within market structure are we playing pro trend 11 00:00:38,320 --> 00:00:41,920 counter trends et cetera et cetera then last we can kind of start to look 12 00:00:41,920 --> 00:00:45,600 at uh not last but after that we can start to look at liquidity concepts 13 00:00:45,600 --> 00:00:49,760 right the two main ways that we use that one being for those sweep zones and the 14 00:00:49,760 --> 00:00:54,239 other one being do we have inducement um in front of our zone and then finally 15 00:00:54,239 --> 00:00:57,360 probably the kind of last major confluence i would look at is pricing 16 00:00:57,360 --> 00:01:01,359 how well priced is the area that i'm looking to trade from so you know that 17 00:01:01,359 --> 00:01:06,080 was how we used our premium versus discounts all right so obviously spoke 18 00:01:06,080 --> 00:01:08,560 about that in the market structure module but 19 00:01:08,560 --> 00:01:12,960 we kind of view that as its own sort of separate uh piece of confluence and that 20 00:01:12,960 --> 00:01:16,799 is essentially the order of importance in which i would use to personally start 21 00:01:16,799 --> 00:01:20,720 to build a trade idea right so that's pretty much what we've gone through so 22 00:01:20,720 --> 00:01:24,320 far uh in the technical analysis module and you've learned all of those 23 00:01:24,320 --> 00:01:28,320 individual concepts but we've learned it in a way where we've kind of built uh 24 00:01:28,320 --> 00:01:31,840 you know each of those concepts on the prior concept right and we've built that 25 00:01:31,840 --> 00:01:34,799 story along and we've slowly put it together 26 00:01:34,799 --> 00:01:38,640 throughout each sort of sub module and lesson and you saw trade examples kind 27 00:01:38,640 --> 00:01:41,840 of the whole way through that so you should have a pre kind of you know good 28 00:01:41,840 --> 00:01:46,079 grasp before even watching this lesson in terms of how we are looking to to use 29 00:01:46,079 --> 00:01:49,840 all of that but also how you know we are looking to actually enter trades 30 00:01:49,840 --> 00:01:53,520 so this lesson specifically isn't going to really be about that it's not going 31 00:01:53,520 --> 00:01:56,640 to be about looking at all of those pieces of confluence and how we build 32 00:01:56,640 --> 00:02:00,560 those trade ideas what this lesson is about is that once 33 00:02:00,560 --> 00:02:03,520 you've already done that and you've done the hard work and and you've built the 34 00:02:03,520 --> 00:02:06,399 whole story right the whole higher time frames how the piece together where we 35 00:02:06,399 --> 00:02:10,479 are within structure you know etc etc and you and you've identified and 36 00:02:10,479 --> 00:02:14,080 refined the exact same the exact zone that you wish to trade from in terms of 37 00:02:14,080 --> 00:02:17,120 your hard time frame poi right your point of interest 38 00:02:17,120 --> 00:02:20,400 then obviously there's a few options that are going to be available to you in 39 00:02:20,400 --> 00:02:25,280 terms of how you specifically can enter that zone and execute that trade and 40 00:02:25,280 --> 00:02:28,400 that's what this lesson um is going to be about so again it's not going to be 41 00:02:28,400 --> 00:02:30,879 about putting all of that together so far 42 00:02:30,879 --> 00:02:33,920 but more so once you've built all that story and 43 00:02:33,920 --> 00:02:37,760 you've got the zone or the area in which you want to build a trade idea around 44 00:02:37,760 --> 00:02:41,440 and when you actually want to start to execute a position 45 00:02:41,440 --> 00:02:45,200 this lesson is going to be about kind of those options that are available to you 46 00:02:45,200 --> 00:02:48,239 then when we get into the next section coming up which is about trade plans 47 00:02:48,239 --> 00:02:51,920 right creating and building your own specific and personalized trade plan 48 00:02:51,920 --> 00:02:54,800 that is where we will then talk a lot more around you know putting all 49 00:02:54,800 --> 00:02:58,720 together what confluence you want to see and you need to see as minimum criteria 50 00:02:58,720 --> 00:03:01,680 or what is just you know additional positive confluence but you don't 51 00:03:01,680 --> 00:03:06,000 actually need it to execute a trade but more specifically 52 00:03:06,000 --> 00:03:09,440 you know what time frames are you going to be trading from what constitutes a 53 00:03:09,440 --> 00:03:13,440 higher time frame poi for you and then what lower time frame are you going to 54 00:03:13,440 --> 00:03:16,480 use for execution because for some people 55 00:03:16,480 --> 00:03:20,560 you know they'll be using four hour uh you know structure they'll be using m15 56 00:03:20,560 --> 00:03:24,000 pois right to build the trade ideas around but then once the price is in the 57 00:03:24,000 --> 00:03:28,480 m15 poi that's when they'll then be using say the m1 or maybe lower for 58 00:03:28,480 --> 00:03:32,159 their actual execution whereas other people may be you know using the weekly 59 00:03:32,159 --> 00:03:35,920 the daily and then the 15 minute for execution right so 60 00:03:35,920 --> 00:03:38,560 all of that is pretty much irrelevant for this specific lesson because we're 61 00:03:38,560 --> 00:03:42,319 going to get into that in a little bit coming up but this is like i keep saying 62 00:03:42,319 --> 00:03:45,680 right this is just going to be about once you've done the hard work you've 63 00:03:45,680 --> 00:03:48,480 built that kind of you know that that area in which you want to to look to 64 00:03:48,480 --> 00:03:53,360 execute how can you actually get in right so let's dive into that and drag 65 00:03:53,360 --> 00:03:57,519 this across so there's kind of two main sort of entry types a way to classify it 66 00:03:57,519 --> 00:04:00,560 one being a risk entry and the other one being a confirmation 67 00:04:00,560 --> 00:04:02,879 entry obviously there's three here so you probably think you're always saying 68 00:04:02,879 --> 00:04:06,879 two but the double confirmation entry for me kind of just just gets looped in 69 00:04:06,879 --> 00:04:10,720 with with confirmation entry but yeah let's just dive into it and talk 70 00:04:10,720 --> 00:04:14,879 about it so the first one being risk entry so this is very very simple so 71 00:04:14,879 --> 00:04:17,919 essentially you have your higher timeframe poi in this case the supply 72 00:04:17,919 --> 00:04:21,840 zone right denoted by this gray box now like i was saying right a higher time 73 00:04:21,840 --> 00:04:25,840 frame is any time frame is it's going to be specific to each individual trader a 74 00:04:25,840 --> 00:04:28,560 higher timeframe for one person could be the daily for another person it could be 75 00:04:28,560 --> 00:04:33,280 the m15 right and then your lower time frame is just uh sorry just put my phone 76 00:04:33,280 --> 00:04:36,400 on silent there we go your lower time frame will then just be uh you know 77 00:04:36,400 --> 00:04:38,960 whatever lower time frame is going to be lower than the higher time frame one 78 00:04:38,960 --> 00:04:43,199 that you use at so in this case regardless of whether this 79 00:04:43,199 --> 00:04:46,400 is a continuation zone or a reversal so obviously it was if it was a 80 00:04:46,400 --> 00:04:49,919 continuation we would have price moving to the downside right forming a lower 81 00:04:49,919 --> 00:04:53,120 low price would be pulling back up into the supply zone right that caused that 82 00:04:53,120 --> 00:04:56,720 break of structure and we'd be looking to get short here to then try and 83 00:04:56,720 --> 00:05:00,320 potentially catch this lower high right to then get that next break of structure 84 00:05:00,320 --> 00:05:04,880 for price to form a lower low so that's the idea with that or of course if it 85 00:05:04,880 --> 00:05:08,240 was a straight reversal so if price was trading to the upside and then price 86 00:05:08,240 --> 00:05:11,600 came down we had that reversal and then we could be looking to trade in here to 87 00:05:11,600 --> 00:05:15,440 try and catch that lower high so it's irrelevant of whether it's a reversal or 88 00:05:15,440 --> 00:05:19,360 continuation what essentially makes this a risk entry 89 00:05:19,360 --> 00:05:21,840 is that you were just looking for price to pull back up into that hard time 90 00:05:21,840 --> 00:05:25,120 frame poi and you were looking to just whack a limit order on 91 00:05:25,120 --> 00:05:28,960 right anywhere on or within the zone and then you're essentially hoping that 92 00:05:28,960 --> 00:05:33,440 price isn't going to reverse tag you in and then go in your favor okay so we'll 93 00:05:33,440 --> 00:05:37,440 talk kind of a little bit further on in this lesson about more a bit a bit more 94 00:05:37,440 --> 00:05:40,960 about the specifics of exactly where you can enter within the zone but right now 95 00:05:40,960 --> 00:05:44,240 i just want you to concentrate on essentially you're just identifying your 96 00:05:44,240 --> 00:05:46,960 high timeframe zone and you're just looking to enter on it put your limit 97 00:05:46,960 --> 00:05:50,400 order on it and that essentially is your risk entry so remember your stop will 98 00:05:50,400 --> 00:05:54,240 always go behind the zone and then your entry can be anywhere on or within the 99 00:05:54,240 --> 00:05:57,840 zone okay obviously the more refined you go the better the wrist reward you get 100 00:05:57,840 --> 00:06:01,360 but the more you increase the probability that you may not get tagged 101 00:06:01,360 --> 00:06:04,479 into a position so that's your risk entry 102 00:06:04,479 --> 00:06:08,880 now a lower time frame entry will be sorry not the timeframe a confirmation 103 00:06:08,880 --> 00:06:12,240 entry or a double confirmation entry is essentially where you would then drop 104 00:06:12,240 --> 00:06:18,160 down uh to a lower time frame once price enters your higher time frame poi so in 105 00:06:18,160 --> 00:06:21,120 this case the minute that price gets to here where this orange line is right the 106 00:06:21,120 --> 00:06:25,039 very edge of our hard time frame zone i would have an alert that would ping off 107 00:06:25,039 --> 00:06:29,039 i would then drop down to my lower time frame my execution time frame whatever 108 00:06:29,039 --> 00:06:32,639 that may be okay and then i would start to wait for 109 00:06:32,639 --> 00:06:36,639 price to switch bearish in line right with the hard time frame intention if 110 00:06:36,639 --> 00:06:40,720 i'm looking to catch a low high price is fractal the lower time frames 111 00:06:40,720 --> 00:06:44,400 will switch bearish first okay and we'll see that and then that way we're using 112 00:06:44,400 --> 00:06:47,199 that little bit of extra confirmation the lower timeframes because we're 113 00:06:47,199 --> 00:06:50,400 looking for you know that bearish order flow starting to kick in we're looking 114 00:06:50,400 --> 00:06:54,479 for demand to start failing right supply to start taking control and we're going 115 00:06:54,479 --> 00:06:58,319 to see that first on the lower time frames if this hard time frame zone is 116 00:06:58,319 --> 00:07:01,440 likely to hold right so if there's supply in the zone 117 00:07:01,440 --> 00:07:04,319 and we're going to look for that next boo to the downside we're going to see 118 00:07:04,319 --> 00:07:07,039 that first on the lower time frames okay and that's essentially all we're doing 119 00:07:07,039 --> 00:07:09,520 and that's you know this is why it's a bit riskier because price could 120 00:07:09,520 --> 00:07:11,919 obviously just you know we don't have any confirmation price could come up 121 00:07:11,919 --> 00:07:14,319 into here move a little bit and then just stop us out 122 00:07:14,319 --> 00:07:16,240 and the same thing could happen here we could still have all of this 123 00:07:16,240 --> 00:07:19,120 confirmation and price could still go and stop us out but at least we've had a 124 00:07:19,120 --> 00:07:22,319 little bit more confirmation on the lower time frames and we're seeing that 125 00:07:22,319 --> 00:07:24,639 fractal bearish order flow start to kick in 126 00:07:24,639 --> 00:07:29,199 and this is why this can be useful okay so very simply confirmation 127 00:07:29,199 --> 00:07:33,039 price comes into our hard time frame poi we drop down to our execution time frame 128 00:07:33,039 --> 00:07:35,840 we wait for um you know essentially price to start breaking strokes to the 129 00:07:35,840 --> 00:07:39,120 downside so confirmation entries when you get that first breaker structure 130 00:07:39,120 --> 00:07:42,720 downside price then pulls back up in this case into a supply zone and we 131 00:07:42,720 --> 00:07:45,759 would look to get short from that first zone there right and that would be your 132 00:07:45,759 --> 00:07:49,280 confirmation entry and then as the name suggests a double 133 00:07:49,280 --> 00:07:52,400 confirmation entry is then when we have that double break of structure so we 134 00:07:52,400 --> 00:07:55,120 have that first initial break of structure we then see price pull back 135 00:07:55,120 --> 00:07:58,160 tap into supply and then we get another break of 136 00:07:58,160 --> 00:08:02,160 structure and then that secondary supply essentially is your double confirmation 137 00:08:02,160 --> 00:08:04,879 entry right and then you know i guess technically you could keep doing that 138 00:08:04,879 --> 00:08:09,680 right and then you'd get a triple confirmation uh confirmation entry so on 139 00:08:09,680 --> 00:08:13,120 uh and so forth so yeah you can either enter on the confirmation entry or you 140 00:08:13,120 --> 00:08:17,280 can wait for even more confirmation to get that double confirmation entry and 141 00:08:17,280 --> 00:08:20,319 that could be your first initial position or of course you could enter on 142 00:08:20,319 --> 00:08:24,560 both and you could use that to just scale in and really that's as simple as 143 00:08:24,560 --> 00:08:27,919 it is okay it's just kind of a way of classifying 144 00:08:27,919 --> 00:08:32,640 how you may want to approach you know that hard time for mpoi because 145 00:08:32,640 --> 00:08:35,440 you could see this whether it be the four hour the m15 whatever time frame 146 00:08:35,440 --> 00:08:38,320 you like to use and it's kind of essentially two options you either just 147 00:08:38,320 --> 00:08:41,599 want to get it get in on that zone you just want to enter anywhere on or within 148 00:08:41,599 --> 00:08:44,560 it stop always goes behind or you want to wait for a little bit more 149 00:08:44,560 --> 00:08:48,959 confirmation you'll drop down to a lot of time frame execution uh your your 150 00:08:48,959 --> 00:08:51,440 execution time frame and then you can look to either just take that first 151 00:08:51,440 --> 00:08:54,800 break of structure to get the confirmation entry or that double 152 00:08:54,800 --> 00:08:58,560 confirmation entry now one reason kind of why you may want 153 00:08:58,560 --> 00:09:01,760 to wait for the double rather than that first confirmation entry is because what 154 00:09:01,760 --> 00:09:04,800 can happen so if you just kind of imagine this bit of price action here as 155 00:09:04,800 --> 00:09:08,880 price comes up into your hard time frame poi we then come down right and we get 156 00:09:08,880 --> 00:09:11,920 that breaker structure here but then what can happen is this price can come 157 00:09:11,920 --> 00:09:16,160 back up and you could be looking to get short from this zone but price could 158 00:09:16,160 --> 00:09:19,519 just continue up right so then it ends up just grabbing that liquidity belief 159 00:09:19,519 --> 00:09:22,959 that zone right to then fuel the move and then sweep the liquidity above this 160 00:09:22,959 --> 00:09:27,519 high and then we get the real move going so that's why waiting for you know 161 00:09:27,519 --> 00:09:31,279 another break of structure to the downside first can kind of boost your 162 00:09:31,279 --> 00:09:34,640 strike rate or you may wish to do so um you know if you don't have a lot of 163 00:09:34,640 --> 00:09:38,560 confidence in that specific poi then you may want to see more confirmation and 164 00:09:38,560 --> 00:09:41,440 wait for that double break of structure just to stop you getting caught in a 165 00:09:41,440 --> 00:09:43,839 potential liquidity sweep here right have you got tried to get shot from that 166 00:09:43,839 --> 00:09:48,800 supply zone and then you get stopped out before the real move goes okay 167 00:09:48,800 --> 00:09:51,920 so yeah that's pretty much it that's kind of as simple as it needs to be you 168 00:09:51,920 --> 00:09:55,920 don't need to over complicate it any more so than that 169 00:09:55,920 --> 00:09:58,320 now one thing i actually do want to add to 170 00:09:58,320 --> 00:10:02,320 it um kind of just a very kind of nuanced 171 00:10:02,320 --> 00:10:05,680 difference between risk entry and confirmation entries here on the lower 172 00:10:05,680 --> 00:10:09,360 time frames is that when price comes into your higher timeframe poi so we 173 00:10:09,360 --> 00:10:13,040 look at this kind of first entry model here uh just like we saw right price 174 00:10:13,040 --> 00:10:15,839 comes into it on the lower timeframes right 175 00:10:15,839 --> 00:10:19,200 we then get that break of structure price then pulls back now it doesn't 176 00:10:19,200 --> 00:10:22,480 come up straight away to that first supplies and that's created because 177 00:10:22,480 --> 00:10:25,600 remember if price came up to here that would be our confirmation entry right 178 00:10:25,600 --> 00:10:28,560 but in this case it doesn't quite pull back up to that supply zone and then we 179 00:10:28,560 --> 00:10:31,680 get that second break of structure so now we have that double break of 180 00:10:31,680 --> 00:10:34,880 structure we now have our second supply zone now 181 00:10:34,880 --> 00:10:38,160 we can definitely look to take this double confirmation entry here all right 182 00:10:38,160 --> 00:10:41,519 and we can look to get sure now what can happen as you can see is price can then 183 00:10:41,519 --> 00:10:45,279 come down it can break that low here right we can get another break of 184 00:10:45,279 --> 00:10:48,800 structure but then price can come back up this would then stop us up for break 185 00:10:48,800 --> 00:10:51,680 even but then what happens when price comes 186 00:10:51,680 --> 00:10:55,839 back up well it has to switch bullish right because it has to break that lower 187 00:10:55,839 --> 00:11:00,880 high which then forms a higher high in order to come back i'll get rid of 188 00:11:00,880 --> 00:11:04,320 the orange line if in order to come back to the initial zone that we were looking 189 00:11:04,320 --> 00:11:08,000 at right the origin demand zone of that move price has to switch bullish to get 190 00:11:08,000 --> 00:11:11,839 back here so you definitely can look to enter here you know we've 191 00:11:11,839 --> 00:11:15,680 had the especially if you know like for instance we get a sweep zone price 192 00:11:15,680 --> 00:11:19,279 sweeps equity taps into a higher timeframe poi we get multiple breaks of 193 00:11:19,279 --> 00:11:22,560 structure to the downside and then yes we could look to get short here as well 194 00:11:22,560 --> 00:11:26,320 from that double confirmation entry pricing comes down we then move to break 195 00:11:26,320 --> 00:11:28,959 even as we get a break at that low or we can pass it out to move to break even 196 00:11:28,959 --> 00:11:31,600 again we'll talk about management in the next lesson 197 00:11:31,600 --> 00:11:35,279 essentially price will come back up stop us for breakeven and then we can look to 198 00:11:35,279 --> 00:11:39,600 enter from this zone here and we can put a limit order on here right but you have 199 00:11:39,600 --> 00:11:43,600 to understand that price on this time frame on your execution time frame once 200 00:11:43,600 --> 00:11:48,320 it breaks this high here it has now switched bullish again at this moment so 201 00:11:48,320 --> 00:11:52,480 order flow is bullish technically that lower timeframe demand is now in control 202 00:11:52,480 --> 00:11:56,320 so as you're trying to short here it's a bit more riskier right because you don't 203 00:11:56,320 --> 00:11:59,440 have that confirmation but this is a valid trade i'm not saying you can't 204 00:11:59,440 --> 00:12:02,720 take this we just have to understand that this is a risk entry compared to if 205 00:12:02,720 --> 00:12:06,000 price came down here that first little break of structure then came into the 206 00:12:06,000 --> 00:12:09,920 zone and then you got short from here that would be classified as a 207 00:12:09,920 --> 00:12:13,440 confirmation entry okay because price is bearish it's in line 208 00:12:13,440 --> 00:12:16,480 with the direction in which you were trying to trade but when price then 209 00:12:16,480 --> 00:12:20,880 comes back uses that prior move as liquidity right forms as equal highs 210 00:12:20,880 --> 00:12:24,399 then price comes back into it that is then your risk entry here 211 00:12:24,399 --> 00:12:28,160 now this entry model over here is the exact same entry model that we have here 212 00:12:28,160 --> 00:12:31,600 except once it actually comes back up to that zone where initially we'd be 213 00:12:31,600 --> 00:12:35,279 looking to take a risk entry what you can do is you can wait for price to 214 00:12:35,279 --> 00:12:39,040 switch bearish again on their execution time frame so then when it you know gets 215 00:12:39,040 --> 00:12:42,320 that breaker structure against the downside price is now bearish supply is 216 00:12:42,320 --> 00:12:45,839 back in control and essentially you're just using a confirmation entry of this 217 00:12:45,839 --> 00:12:49,440 zone right to confirm that the supply is going to hold wait for that breaker 218 00:12:49,440 --> 00:12:53,040 stretches the downside supplies back in control and now you can look to get 219 00:12:53,040 --> 00:12:56,160 short from here with that confirmation entry 220 00:12:56,160 --> 00:12:59,440 okay so you can do this on this exact same time frame so for instance let's 221 00:12:59,440 --> 00:13:03,040 imagine that you know this hard time frame is a four hour chart and then you 222 00:13:03,040 --> 00:13:07,040 were looking to enter on the m15 so that was a blue line here this would be an 223 00:13:07,040 --> 00:13:11,920 m15 risk entry over here you would then wait for price to come into that zone 224 00:13:11,920 --> 00:13:15,279 you would then wait for price to then switch bearish create a new supply zone 225 00:13:15,279 --> 00:13:19,680 that would then be your m15 confirmation entry but you don't necessarily have to 226 00:13:19,680 --> 00:13:24,000 use you know the m15 to see if this m15 zone is going to hold because price 227 00:13:24,000 --> 00:13:27,200 could come up into your m15 zone here and then you could drop down to say the 228 00:13:27,200 --> 00:13:31,519 m1 or the m5 or whatever you want to use wait for the m1 or the m5 to switch 229 00:13:31,519 --> 00:13:35,440 bearish and then enter here on the m1 right so you've used that m1 to 230 00:13:35,440 --> 00:13:39,600 fractionally confirm this m15 to fractively confirm right the four hours 231 00:13:39,600 --> 00:13:43,279 so you can understand and see how we can use those different time frames together 232 00:13:43,279 --> 00:13:45,519 um i know it can be a little bit confusing when you kind of first think 233 00:13:45,519 --> 00:13:49,279 about it but really just when to kind of see the differences here between a risk 234 00:13:49,279 --> 00:13:53,040 entry and a confirmation entry and kind of i guess the most simple way to define 235 00:13:53,040 --> 00:13:56,800 it is that a confirmation entry is when the 236 00:13:56,800 --> 00:14:01,040 time frame you were looking to execute on is essentially you're trading with 237 00:14:01,040 --> 00:14:04,320 the trend you're trading you know that continuation rather than this kind of 238 00:14:04,320 --> 00:14:06,880 being you know this would be a straight reversal because price is bullish at 239 00:14:06,880 --> 00:14:09,360 this point as as you're trying to short it 240 00:14:09,360 --> 00:14:12,800 okay so then let's take a look at essentially 241 00:14:12,800 --> 00:14:17,120 the the kind of pros and cons between you know when to use a risk entry and 242 00:14:17,120 --> 00:14:20,399 when you may want to use a confirmation entry now 243 00:14:20,399 --> 00:14:22,639 kind of just laying this out here for you guys to think about it's going to be 244 00:14:22,639 --> 00:14:25,920 different for every trader some people may only want to use confirmation 245 00:14:25,920 --> 00:14:30,639 entries others may pretty much only use risk entries some may use a combination 246 00:14:30,639 --> 00:14:34,800 of both depending on you know different factors 247 00:14:34,800 --> 00:14:37,839 so let's kind of go through those and then you can kind of see you know why 248 00:14:37,839 --> 00:14:43,040 you may we just wish to use one over the other or in specific circumstances so 249 00:14:43,040 --> 00:14:46,000 a risk entry as the name suggests it is slightly riskier but that doesn't 250 00:14:46,000 --> 00:14:49,920 necessarily mean you know the reward isn't there okay so essentially if i 251 00:14:49,920 --> 00:14:52,560 could you know put it down into the simplest way you can use it is you would 252 00:14:52,560 --> 00:14:55,120 identify your hard time frame point of interest 253 00:14:55,120 --> 00:14:58,560 now what you can do then is let's say this was your four-hour zone is you 254 00:14:58,560 --> 00:15:02,000 could refine your four-hour zone just to make it a little bit more smaller and 255 00:15:02,000 --> 00:15:06,560 more accurate by jumping down a lower time frame looking and investigating 256 00:15:06,560 --> 00:15:10,000 this section of price action on say the m15 257 00:15:10,000 --> 00:15:12,639 and then on m15 you may actually see well this is where the actual true 258 00:15:12,639 --> 00:15:15,839 supply came in you would use your confluence with the 259 00:15:15,839 --> 00:15:20,959 to then identify the 715 zone that is stacked and nested within your hard time 260 00:15:20,959 --> 00:15:24,399 frame zone right your four hour zone so now what you have done is you have you 261 00:15:24,399 --> 00:15:28,399 know used multiple time frames to refine your hard time frame poi to a lower 262 00:15:28,399 --> 00:15:31,519 timeframe poi and then that means you can whack your limit order with a 263 00:15:31,519 --> 00:15:35,040 slightly smaller entry or a reward i should say right rather than you know 264 00:15:35,040 --> 00:15:38,800 entering on the distal of the four-hour zone and obviously it's gonna you know 265 00:15:38,800 --> 00:15:42,720 negatively affect your wrist to reward so 266 00:15:42,720 --> 00:15:45,040 that's obviously optional you don't have to do that you can literally just stick 267 00:15:45,040 --> 00:15:48,240 to the four hour zone and obviously once you're happy with it set your limit 268 00:15:48,240 --> 00:15:52,240 order on the zone now this is best used 269 00:15:52,240 --> 00:15:55,600 you know in my opinion when you were trading with the trend so essentially 270 00:15:55,600 --> 00:15:59,839 you know those continuations because you you're increasing the probability that 271 00:15:59,839 --> 00:16:03,199 price is going to hold right we know that it's more likely that structure is 272 00:16:03,199 --> 00:16:06,480 going to hold that if price is turning to the downside and forming a series of 273 00:16:06,480 --> 00:16:09,600 lower lows and lower highs that it's more likely that a lower high will form 274 00:16:09,600 --> 00:16:12,880 here right so that's why you know without waiting for that lower time from 275 00:16:12,880 --> 00:16:16,079 execution like we can with the confirmation entry this is why using 276 00:16:16,079 --> 00:16:19,279 risk entries with the trend hopefully it's pretty obvious of why 277 00:16:19,279 --> 00:16:23,199 that's why that you know you would be more inclined to use it this way 278 00:16:23,199 --> 00:16:26,959 and best use when you can refine that higher time frame zone with 279 00:16:26,959 --> 00:16:30,160 a lower time frame zone that's nested within it essentially just to increase 280 00:16:30,160 --> 00:16:33,839 your risk rewards and decrease your accuracy of entering at the right point 281 00:16:33,839 --> 00:16:36,399 right best use when you kind of just want to 282 00:16:36,399 --> 00:16:40,480 be aggressive if it's a zone you really really like and price action is just you 283 00:16:40,480 --> 00:16:43,600 know there's tons of positive confluence and you just want to get in you want to 284 00:16:43,600 --> 00:16:46,480 be aggressive then just being you know whacking your 285 00:16:46,480 --> 00:16:52,000 risk entry limit order um can be good and kind of finally i guess 286 00:16:52,000 --> 00:16:55,519 your training personality or your your routine let's say you're busy with work 287 00:16:55,519 --> 00:16:58,399 you have a nine to five or you're someone who just doesn't want to be on 288 00:16:58,399 --> 00:17:02,240 the charts a lot set and forget you can identify a high timeframe poi it could 289 00:17:02,240 --> 00:17:05,919 be the weekly the daily four-hour whatever even m15 you're gonna have 290 00:17:05,919 --> 00:17:09,760 probably hours and hours if not days to sometimes spot these zones that you want 291 00:17:09,760 --> 00:17:13,520 to enter from and instead of waiting for price to get back there then having to 292 00:17:13,520 --> 00:17:17,199 jump down a lower time frame you know wait for all of this to realign then set 293 00:17:17,199 --> 00:17:20,959 your entry order uh you have to be in front of the charts instead you could 294 00:17:20,959 --> 00:17:23,919 see this you know the night before and the four-hour chat could then be trained 295 00:17:23,919 --> 00:17:27,360 to the downside you know the next day or so it can pull back your entry orders 296 00:17:27,360 --> 00:17:30,880 being there the whole time then you're trying uh you know tagged into the trade 297 00:17:30,880 --> 00:17:35,280 ideally it runs into profit um it's a much more hands-off approach 298 00:17:35,280 --> 00:17:38,320 and that's really kind of where risk entries um you know come into their own 299 00:17:38,320 --> 00:17:40,480 so i guess the main kind of obvious 300 00:17:40,480 --> 00:17:43,679 benefits to to using risk entries is that you can get into trades that 301 00:17:43,679 --> 00:17:47,440 sometimes literally price can come into his own and it can just you know tap and 302 00:17:47,440 --> 00:17:50,320 go very very aggressively is there if there's a massive imbalance within that 303 00:17:50,320 --> 00:17:54,320 zone right an overwhelming amount of supply compared to demand obviously in 304 00:17:54,320 --> 00:17:57,679 this area uh then this is where you know it can be beneficial sometimes you just 305 00:17:57,679 --> 00:18:00,799 kind of miss that that confirmation entry and sometimes you will miss the 306 00:18:00,799 --> 00:18:04,160 move uh you can obviously get a high risk reward 307 00:18:04,160 --> 00:18:08,640 if you have managed to refine your poi to a lower time frame zone um yeah and 308 00:18:08,640 --> 00:18:11,360 just more generally kind of that autonomous execution that independent 309 00:18:11,360 --> 00:18:14,720 execution where it's a lot more hands-off um a lot more certificate 310 00:18:14,720 --> 00:18:18,080 which yeah some people will definitely prefer that approach it can also be a 311 00:18:18,080 --> 00:18:22,400 lot easier on your psychology as well for some people um because 312 00:18:22,400 --> 00:18:25,200 you know you set your order and you walk away rather here you kind of have to be 313 00:18:25,200 --> 00:18:27,919 a bit more active and you can kind of potentially talk yourself out of trades 314 00:18:27,919 --> 00:18:31,600 or make a few mistakes in the heat at the moment as is kind of happening um 315 00:18:31,600 --> 00:18:34,720 but other people find this find risk entries a lot harder in their psychology 316 00:18:34,720 --> 00:18:37,440 because um you know you can take some losses if 317 00:18:37,440 --> 00:18:41,520 you if you haven't identified you know high enough probability zones and some 318 00:18:41,520 --> 00:18:45,039 people just prefer to always always wait for that bit of extra confirmation as 319 00:18:45,039 --> 00:18:47,120 they just yeah it gives them a bit more confidence that the zones holding 320 00:18:47,120 --> 00:18:49,600 they're saying what they want to see in the lower timeframes and they prefer it 321 00:18:49,600 --> 00:18:52,880 this way so this is why you know there's a million ways to trade the markets to 322 00:18:52,880 --> 00:18:55,919 make money um and obviously yeah we'll talk about this a lot more in in the 323 00:18:55,919 --> 00:18:59,200 trade plan section but i just want you to start kind of thinking about the 324 00:18:59,200 --> 00:19:02,160 benefits and the cons to to each there's obviously always you know pretty much 325 00:19:02,160 --> 00:19:05,520 equal benefits and drawbacks right um you just got to figure out what is going 326 00:19:05,520 --> 00:19:09,039 to work best for you and kind of what makes most sense to you 327 00:19:09,039 --> 00:19:12,160 so the the main cons are yeah just like i was saying you don't really get any 328 00:19:12,160 --> 00:19:14,320 confirmation right so price could literally pull back and just blast 329 00:19:14,320 --> 00:19:18,320 straight through you and stop you out and also you can kind of generally get 330 00:19:18,320 --> 00:19:22,799 uh lower risk rewards um if you haven't refined it to a lower timeframe zone or 331 00:19:22,799 --> 00:19:25,280 of course you know if you're waiting for a confirmation entry you can you could 332 00:19:25,280 --> 00:19:29,360 go down to a really small time frame to wait for that bearish switching trend to 333 00:19:29,360 --> 00:19:33,919 then get a very very small stop-loss to give you a really high uh risk to reward 334 00:19:33,919 --> 00:19:36,960 so yeah in terms of the confirmation entry 335 00:19:36,960 --> 00:19:40,160 pretty similar you would obviously identify your high time frame poi using 336 00:19:40,160 --> 00:19:42,880 all of the confluence that we've looked for in the in the previous lessons 337 00:19:42,880 --> 00:19:47,200 market structure yadi rdr and then you can refine on lower timeframe again just 338 00:19:47,200 --> 00:19:50,960 like we did here i haven't drawn on this case but you could if i drag it across 339 00:19:50,960 --> 00:19:53,760 you could rather than just waiting for price to 340 00:19:53,760 --> 00:19:57,280 come in to say your hard time frame zone and waiting for say the m1 to switch 341 00:19:57,280 --> 00:20:02,799 bearish instead you can wait for the refined zone within your hard time frame 342 00:20:02,799 --> 00:20:06,320 zone to be hit first before you look for your entry model because what could 343 00:20:06,320 --> 00:20:10,320 happen is price could come up into your hard time frame zone like this it could 344 00:20:10,320 --> 00:20:13,200 then switch bearish and then you could look to get short here right from this 345 00:20:13,200 --> 00:20:17,679 zone but it could be a bit of liquidity grab price could go higher and then tap 346 00:20:17,679 --> 00:20:21,760 into the actual refine zone right within your hard time frame zone 347 00:20:21,760 --> 00:20:25,600 then you get the break of structure let's say this was a little high there 348 00:20:25,600 --> 00:20:29,200 sorry a little low there then you get your break of structure here right now 349 00:20:29,200 --> 00:20:32,720 that wasn't a full signal all of this was just a run on liquidity there 350 00:20:32,720 --> 00:20:35,919 and then you have you know much higher confluence that price is likely to to 351 00:20:35,919 --> 00:20:39,520 tag you in and go because it's you know mitigated that kind of last bit of 352 00:20:39,520 --> 00:20:43,120 refined supply that you that you've done so um refining it's obviously optional 353 00:20:43,120 --> 00:20:46,080 you don't need to do that and once you've got your zone that you 354 00:20:46,080 --> 00:20:49,200 like you obviously wait for price to reach it and then you drop down to your 355 00:20:49,200 --> 00:20:52,880 execution time frame so it's kind of denoted by this blue line here um so 356 00:20:52,880 --> 00:20:55,280 let's say your half time frame zone was a four-hour zone you then drop down to 357 00:20:55,280 --> 00:20:58,640 10-15 for instance you'd wait for 10-15 to switch bearish pull back into that 358 00:20:58,640 --> 00:21:02,159 first supply zone that would be your first confirmation entry um yeah you'd 359 00:21:02,159 --> 00:21:05,919 set your your limit order on that newly created fractal lower time frame zone 360 00:21:05,919 --> 00:21:08,320 and then you've got a bit more confirmation that this hard time frame 361 00:21:08,320 --> 00:21:11,919 zone is going to hold so this is going to be you know if you were going to use 362 00:21:11,919 --> 00:21:16,000 both types of entries confirmation and risk then this would be better to use it 363 00:21:16,000 --> 00:21:20,159 if you're kind of trading counter trends um because obviously there's less 364 00:21:20,159 --> 00:21:23,840 probability compared to pro trend trades that this so may hold so you may want to 365 00:21:23,840 --> 00:21:26,640 just wait for a little bit of extra confirmation and just to show that 366 00:21:26,640 --> 00:21:31,039 bearish order flow starting to kick in if you're looking to get short um also 367 00:21:31,039 --> 00:21:34,880 good if you have a large hard time frame poi so uh kind of what i mean by that is 368 00:21:34,880 --> 00:21:37,520 imagine this is a daily or a four hour zone 369 00:21:37,520 --> 00:21:40,720 generally those zones depending also going to be different for every pair but 370 00:21:40,720 --> 00:21:43,840 generally those zones can be you know anywhere from 40 to 100 pips for 371 00:21:43,840 --> 00:21:48,320 instance and if you're using the m1 for your execution time frame the minute it 372 00:21:48,320 --> 00:21:51,039 gets into here like i was just saying and you trade that first break of 373 00:21:51,039 --> 00:21:54,480 structure in that first flip your increase well it's a little lower 374 00:21:54,480 --> 00:21:57,760 probability that necessary that first move is going to be a true signal and he 375 00:21:57,760 --> 00:22:01,200 could take a lot of full signals as price moves deeper into that kind of 100 376 00:22:01,200 --> 00:22:06,880 pip zone before eventually it goes um so this is kind of when it when it's you 377 00:22:06,880 --> 00:22:11,840 know pretty decent to to use um you know there's extra confirmation 378 00:22:11,840 --> 00:22:15,600 entries and to use those refined pois to make sure that you don't get trapped in 379 00:22:15,600 --> 00:22:18,960 those full signals um but also to increase your risk reward because let's 380 00:22:18,960 --> 00:22:22,640 say you wanted to take a risk entry on that 100 daily zone um obviously your 381 00:22:22,640 --> 00:22:25,760 stop-loss is going to be much larger than when you can actually refine it to 382 00:22:25,760 --> 00:22:29,600 your your your lower time frame um you know an entry zone which is going to be 383 00:22:29,600 --> 00:22:33,600 much smaller than the higher timeframe zone uh it's also best used when price 384 00:22:33,600 --> 00:22:37,600 is moving very aggressively into your hard time frame poi so you know if you 385 00:22:37,600 --> 00:22:40,720 kind of get that v shape move where price moves down and it comes very very 386 00:22:40,720 --> 00:22:44,080 aggressively with all momentum back into your zone um you may want to just you 387 00:22:44,080 --> 00:22:47,360 know not take a risk entry with that and actually wait for that lower timeframe 388 00:22:47,360 --> 00:22:50,159 confirmation to start switching bearish just to give you a bit more confidence 389 00:22:50,159 --> 00:22:54,000 that price is going to hold um and then yeah another really good one 390 00:22:54,000 --> 00:22:56,559 is if you have multiple um 391 00:22:56,559 --> 00:23:02,080 pois to consider so for instance let's say um you know price 392 00:23:02,080 --> 00:23:07,600 uh comes to the downside and then you have let's say your origins 393 00:23:07,600 --> 00:23:10,720 aren't up here and then you may have a couple decisions right you could 394 00:23:10,720 --> 00:23:14,320 literally have one around here and then you could have another one here 395 00:23:14,320 --> 00:23:18,400 sometimes you can have even more and obviously this is the most well-priced 396 00:23:18,400 --> 00:23:21,360 one and there may be decent confidence for all of them and you're not quite 397 00:23:21,360 --> 00:23:24,240 sure which one is going to hold because price doesn't have to come to the origin 398 00:23:24,240 --> 00:23:27,919 then what you can do is you could uh just trade any confirmation entries that 399 00:23:27,919 --> 00:23:30,960 you get so maybe price just comes up into this one it blasts straight through 400 00:23:30,960 --> 00:23:33,919 it and never switches bearish it comes into the second one and then you get 401 00:23:33,919 --> 00:23:36,799 your entry model you could take that and then you're in right so what you were 402 00:23:36,799 --> 00:23:39,919 doing is you set alerts on all three and you just trade your entry model once you 403 00:23:39,919 --> 00:23:43,279 get your confirmation entry to confirm that zone is going to hold and then you 404 00:23:43,279 --> 00:23:45,760 can get in and what you may also want to do is that 405 00:23:45,760 --> 00:23:49,279 whole time is you may want to set your risk entry on the top one right because 406 00:23:49,279 --> 00:23:54,000 you know if price is going to form uh that lower high then this is the last 407 00:23:54,000 --> 00:23:56,320 point in which is going to do it to maintain that bearish trend right 408 00:23:56,320 --> 00:23:58,960 because this in theory should be a strong high 409 00:23:58,960 --> 00:24:02,400 so if you have multiple pois kind of one thing you can do like i was just saying 410 00:24:02,400 --> 00:24:06,240 set your risk entry here and then trade confirmation entries um from the 411 00:24:06,240 --> 00:24:10,320 decisional but yeah it will again be very dependent 412 00:24:10,320 --> 00:24:14,720 um on kind of each individual trade setup and also uh you know what you have 413 00:24:14,720 --> 00:24:17,520 in your plan so the main benefits of this is 414 00:24:17,520 --> 00:24:20,640 obviously additional confirmation and higher risk to reward if you are 415 00:24:20,640 --> 00:24:24,000 entering on a refined low time frame poi compared to just entering on the whole 416 00:24:24,000 --> 00:24:29,440 zone as itself uh main benefit drawbacks are you can miss moves that do not pull 417 00:24:29,440 --> 00:24:32,320 back that's what i'm saying here right sometimes pricing can just come in tap 418 00:24:32,320 --> 00:24:36,240 fly and it's off and you won't always get pullbacks to those to those lower 419 00:24:36,240 --> 00:24:40,320 time frame refinements and then finally um it can be where you 420 00:24:40,320 --> 00:24:43,279 just can get trapped in full signals where price can kind of give you that 421 00:24:43,279 --> 00:24:46,720 first initial confirmation tree and then push higher and deeper into the zone and 422 00:24:46,720 --> 00:24:50,400 before you get that real move as it was just a liquidity grab um yeah and that's 423 00:24:50,400 --> 00:24:53,440 kind of really it the main differences between risk entry and confirmation 424 00:24:53,440 --> 00:24:56,400 entry but this was just something that you you'll get used to with time and 425 00:24:56,400 --> 00:25:00,559 experience as you test more um and obviously it will depend a lot as well 426 00:25:00,559 --> 00:25:05,840 on um you know your your own personal uh lifestyle constraints you know if you 427 00:25:05,840 --> 00:25:11,600 have a job and things like that so kind of again if i could just kind of 428 00:25:11,600 --> 00:25:15,600 simplify it trying to want to you know the way we can trade you can over 429 00:25:15,600 --> 00:25:19,279 complicate things a lot and i think this diagram is kind of a good way to kind of 430 00:25:19,279 --> 00:25:21,840 summarize what again we're trying to do here so 431 00:25:21,840 --> 00:25:25,039 we have our higher time frame denoted by this black line we have price training 432 00:25:25,039 --> 00:25:27,919 to the downside this is obviously a weak low because it failed to take out the 433 00:25:27,919 --> 00:25:31,360 high this is a strong high because it's taking up the lows right so it should be 434 00:25:31,360 --> 00:25:34,880 protected in that bearish trend so on and so forth price pulls back into our 435 00:25:34,880 --> 00:25:39,200 supply zone here it fails to put in a lower low so then demand takes in 436 00:25:39,200 --> 00:25:42,799 control causing that change of character on that break of structure right we then 437 00:25:42,799 --> 00:25:47,919 get uh demand right so supply flipping to demand demand is now in control so 438 00:25:47,919 --> 00:25:51,200 you could either literally just take your kind of hard time frame entry like 439 00:25:51,200 --> 00:25:54,400 that essentially your risk entry and your hard time frame poi or you can wait 440 00:25:54,400 --> 00:25:57,600 for price to come into your poi drop down to your lower time frames and then 441 00:25:57,600 --> 00:26:00,559 you're essentially just waiting for the exact same thing to happen right price 442 00:26:00,559 --> 00:26:03,360 is obviously bearish on a lower time frame coming into your hard time frame 443 00:26:03,360 --> 00:26:06,240 zone then you're waiting for the lower time frame to start to switch bullish 444 00:26:06,240 --> 00:26:09,919 and then you look to get involved and you have that confirmation that that 445 00:26:09,919 --> 00:26:13,200 higher timeframe higher low may be forming right and then we can do what 446 00:26:13,200 --> 00:26:16,960 target that weak high or even further then again price comes into your next 447 00:26:16,960 --> 00:26:20,240 supplies uh your next demand zone in this case drop down to lower time frames 448 00:26:20,240 --> 00:26:23,360 wait for all the flow to start to switch bush again to give you that confirmation 449 00:26:23,360 --> 00:26:26,640 that this zone is holding and that that high low is in place and then target 450 00:26:26,640 --> 00:26:29,840 that weak high and that's it that's that's really as simple as we need to 451 00:26:29,840 --> 00:26:33,039 keep it right in terms of just thinking about what it is we are trying to do 452 00:26:33,039 --> 00:26:35,919 here and kind of those subtle differences between whether you want to 453 00:26:35,919 --> 00:26:38,880 just take that risk entry work your limit order on or whether you're happy 454 00:26:38,880 --> 00:26:42,240 to then drop down to the time frames and look for your confirmation entry now 455 00:26:42,240 --> 00:26:44,640 another thing as well i do want to kind of want to mention 456 00:26:44,640 --> 00:26:49,679 uh if it kind of wasn't clear is that you can use confirmation entries within 457 00:26:49,679 --> 00:26:53,679 your hard time from poi without actually changing time frame so for instance 458 00:26:53,679 --> 00:26:57,279 let's say you were looking at this hard time frame poi uh you know risk entry 459 00:26:57,279 --> 00:27:00,159 would just be whacking a limit order on there but what you can do is actually 460 00:27:00,159 --> 00:27:03,200 wait let's say this is the four hour chart this back line if price was coming 461 00:27:03,200 --> 00:27:06,400 back and had a bit of a minor pullback right a bit of a minor pullback and then 462 00:27:06,400 --> 00:27:08,880 you can get that four hour change of character here right where you get that 463 00:27:08,880 --> 00:27:12,320 minor breaker structure and then price comes into this four hour zone here when 464 00:27:12,320 --> 00:27:15,360 it's minor for our zone you haven't changed time frame but 465 00:27:15,360 --> 00:27:18,799 you've essentially used the four hour to give you that confirmation entry within 466 00:27:18,799 --> 00:27:21,200 that four hour zone now price isn't always going to do that it's going to 467 00:27:21,200 --> 00:27:24,880 depend on you know how it's setting up how big this actual range is right how 468 00:27:24,880 --> 00:27:28,000 big these swings are in price um sometimes there's a very tight range 469 00:27:28,000 --> 00:27:30,159 you're not going to get that much space in a 4-hour chart it's going to tap in 470 00:27:30,159 --> 00:27:33,600 and go um yeah hopefully kind of yeah that makes sense of how you can 471 00:27:33,600 --> 00:27:37,840 essentially just use this but without even changing time frames as well so 472 00:27:37,840 --> 00:27:43,039 don't be afraid to kind of use that too and then finally what i was just saying 473 00:27:43,039 --> 00:27:46,799 right this is kind of i guess the three in my eyes are three 474 00:27:46,799 --> 00:27:51,279 main ways in um which you can enter that zone so whether you're using risk entry 475 00:27:51,279 --> 00:27:55,200 confirmation entry whatever once you've actually picked that final last zone 476 00:27:55,200 --> 00:27:58,080 that you've drawn on your chart i know you're ready to actually size up where 477 00:27:58,080 --> 00:28:01,360 your entry is going to be and where your stop dust is going to be these are kind 478 00:28:01,360 --> 00:28:04,559 of the three main options so main one being 479 00:28:04,559 --> 00:28:08,480 essentially always entering on the distal so the distal is just essentially 480 00:28:08,480 --> 00:28:11,600 the edge of the zone it's the very front edge of the box 481 00:28:11,600 --> 00:28:15,360 and that is where you can put your entry order now no matter how you enter your 482 00:28:15,360 --> 00:28:19,919 trades stop losses as i've been saying they always go behind the zone okay no 483 00:28:19,919 --> 00:28:24,240 matter what now how much of a pip buffer you give between the end of the zone and 484 00:28:24,240 --> 00:28:28,080 and your stop loss again it's going to be down to each individual 485 00:28:28,080 --> 00:28:31,520 trader this comes with time experience and testing and it will depend on each 486 00:28:31,520 --> 00:28:34,799 individual pair as well right with how volatile they are the average true range 487 00:28:34,799 --> 00:28:37,679 depending on whether you whether you want to give it half a pip you want to 488 00:28:37,679 --> 00:28:40,480 give it one pip three pips whatever or maybe some of you literally just want to 489 00:28:40,480 --> 00:28:43,440 go straight to there that will also depend on on you know how good the 490 00:28:43,440 --> 00:28:46,240 spreads are with your broker et cetera things like that i'm not going to dive 491 00:28:46,240 --> 00:28:49,120 into this too much for now you're just going to have to test this and see what 492 00:28:49,120 --> 00:28:51,919 works for you but in terms of the actual entry the 493 00:28:51,919 --> 00:28:55,520 simplest way in the way i'd probably recommend all of you starting out to do 494 00:28:55,520 --> 00:28:58,640 is just use a distal so always enter on the edge of the zone and the reason why 495 00:28:58,640 --> 00:29:02,399 i say that is just because it's going to give you um well you're going to be 496 00:29:02,399 --> 00:29:04,720 entering in a lot more trades if you get this way 497 00:29:04,720 --> 00:29:07,440 because obviously if you enter on the edge of the zone once price comes in 498 00:29:07,440 --> 00:29:10,399 you're going to get tagged in compared to if you always enter on the eq 499 00:29:10,399 --> 00:29:12,880 sometimes price is going to come in and not tag you in 500 00:29:12,880 --> 00:29:15,279 so this is the most unrefined way of 501 00:29:15,279 --> 00:29:17,840 entering because risk reward is obviously going to be lower compared to 502 00:29:17,840 --> 00:29:22,640 these ways because you know you your stop-loss is going to be bigger right 503 00:29:22,640 --> 00:29:25,279 but i think when you're starting out i think it's useful to just always enter 504 00:29:25,279 --> 00:29:27,760 on the edge just so you're getting experience of getting in trades getting 505 00:29:27,760 --> 00:29:31,200 used to managing them um you're just going to learn a lot quicker that way 506 00:29:31,200 --> 00:29:35,360 and then the refinements come with time okay so the next like a simple way to 507 00:29:35,360 --> 00:29:39,200 always enter trades is you always enter on the eq of the zone the equilibrium 508 00:29:39,200 --> 00:29:43,760 the 50 level and that's kind of why it's useful to draw um your zones rather than 509 00:29:43,760 --> 00:29:47,919 uh drawing your entry zones with the box tool like this you can either use a gan 510 00:29:47,919 --> 00:29:51,440 box so that's kind of a useful one just quickly show you the settings take a 511 00:29:51,440 --> 00:29:54,559 screenshot of that if you want to use a gan box okay and i'll give you a line in 512 00:29:54,559 --> 00:29:58,720 the middle i personally prefer to use um i believe it's called a fib channel i 513 00:29:58,720 --> 00:30:03,120 have gone through this in the previous lesson let's have a quick look over here 514 00:30:03,120 --> 00:30:06,000 uh where are you over here 515 00:30:06,000 --> 00:30:08,559 actually no it's not a fib channel i believe it's the parallel channel isn't 516 00:30:08,559 --> 00:30:11,360 it yeah there we go she's been blind the parallel channel which is in the 517 00:30:11,360 --> 00:30:15,039 trendline section so that's what i personally use to draw my execution time 518 00:30:15,039 --> 00:30:18,640 frame zones so just click on that sort of the higher 519 00:30:18,640 --> 00:30:21,840 the candle right then if you hold shift it will draw a straight line then you 520 00:30:21,840 --> 00:30:24,240 can draw it to the bottom of the zone wherever you want it to be and there you 521 00:30:24,240 --> 00:30:27,120 go and then you've got that perfect eq in the middle so just double click on 522 00:30:27,120 --> 00:30:31,600 that and you guys can see the settings there um if you wish to copy that 523 00:30:31,600 --> 00:30:35,039 and in that way you can always enter on the eq no matter what and your stop-loss 524 00:30:35,039 --> 00:30:38,159 will always go behind the zone so obviously the size of the zone that you 525 00:30:38,159 --> 00:30:41,600 draw will determine how big your your stop-loss is in terms of pips and 526 00:30:41,600 --> 00:30:45,600 obviously then your risk to reward and then the final way is essentially 527 00:30:45,600 --> 00:30:50,640 using a fixed stop-loss so this of would only recommend for people 528 00:30:50,640 --> 00:30:54,880 who are a lot more advanced and who have done a lot of testing you have yeah 529 00:30:54,880 --> 00:30:58,960 essentially collected a ton of data and you're very because this will be very 530 00:30:58,960 --> 00:31:03,279 specific to to what time frame you enter on um your 531 00:31:03,279 --> 00:31:07,600 style of trading also specifically what pair your trade um it will it will 532 00:31:07,600 --> 00:31:10,320 differ from pair to pair because they are all slightly more volatile or less 533 00:31:10,320 --> 00:31:13,840 fortunate than each other um so yeah this is kind of the most refined way and 534 00:31:13,840 --> 00:31:17,440 essentially all it means is that let's say that you find for your side of 535 00:31:17,440 --> 00:31:21,440 trading or let's say you're a dollar you find that five pips a five pip stop loss 536 00:31:21,440 --> 00:31:24,799 is the most optimal way for you to trade then what you would do when you've 537 00:31:24,799 --> 00:31:28,000 identified the zone that you want to trade on is you would just 538 00:31:28,000 --> 00:31:31,200 for instance like let's say i would go okay here's my zone i know i want to 539 00:31:31,200 --> 00:31:34,080 fire pip stop so what i would do is i would just move the wrist to raw tool 540 00:31:34,080 --> 00:31:37,200 knowing okay i want my stop to be about that far behind the zone and because 541 00:31:37,200 --> 00:31:40,799 it's a fixed five pip stop wherever the entry ends up that's just where i'm 542 00:31:40,799 --> 00:31:44,640 gonna enter so for instance if this zone was like a larger zone or you just do 543 00:31:44,640 --> 00:31:47,279 the same thing right you just size up your five pip stop it has to be just 544 00:31:47,279 --> 00:31:50,080 behind the zone that's where i want my stop to be okay that means i'm now 545 00:31:50,080 --> 00:31:53,360 entering near the eq and obviously if it was a smaller zone you may end up 546 00:31:53,360 --> 00:31:57,360 entering on the distal right um and that's kind of quite a useful way to 547 00:31:57,360 --> 00:32:01,200 trade okay but this will come with just 548 00:32:01,200 --> 00:32:04,480 essentially testing figuring out kind of what average strike rate you have what 549 00:32:04,480 --> 00:32:07,440 average risk reward you need to achieve and kind of playing with the numbers a 550 00:32:07,440 --> 00:32:10,399 little bit more that way but yeah it's definitely not one i would recommend for 551 00:32:10,399 --> 00:32:13,200 when you're first starting out when you're first starting out i keep it very 552 00:32:13,200 --> 00:32:16,799 very simple and either always enter on the distal always enter on the eq and 553 00:32:16,799 --> 00:32:19,760 the stop loss is always going to be obviously just behind the zone um that's 554 00:32:19,760 --> 00:32:22,960 kind of yeah your three kind of main ways in which you guys can start to 555 00:32:22,960 --> 00:32:26,399 experiment and test with uh as we dive into it so 556 00:32:26,399 --> 00:32:30,000 yeah that wraps it up in very very simple terms we have either risk entries 557 00:32:30,000 --> 00:32:33,120 or confirmation entries we've kind of gone through the pros and cons of those 558 00:32:33,120 --> 00:32:37,200 risk entry is literally just entering um on the zone confirmation is obviously 559 00:32:37,200 --> 00:32:40,480 using those lower time frames and those fractal refinements that just kind of 560 00:32:40,480 --> 00:32:44,080 help you wait for the trend on those time frames to switch in favor to just 561 00:32:44,080 --> 00:32:47,440 show you that that higher timeframe poi is going to hold and in these three ways 562 00:32:47,440 --> 00:32:50,559 here is literally just whether you you know you can just bring that refinement 563 00:32:50,559 --> 00:32:55,519 of that zone uh even further so now let's take a kind of a quick look at an 564 00:32:55,519 --> 00:33:00,320 example of using what we just learned in the actual market 565 00:33:00,320 --> 00:33:04,960 so we're just going to look at a couple of trade examples really just kind of 566 00:33:04,960 --> 00:33:08,960 showing you the difference between risk entry confirmation entries and double 567 00:33:08,960 --> 00:33:12,480 confirmation trees in the live market and then of course 568 00:33:12,480 --> 00:33:16,000 the kind of those three main ways in which you can actually 569 00:33:16,000 --> 00:33:20,080 enter on that zone once you've kind of built the story and picked the zone that 570 00:33:20,080 --> 00:33:25,200 you wish to execute your trade on so kind of just going to do a quick kind of 571 00:33:25,200 --> 00:33:29,440 rough and ready analysis on your dollar literally just analyzing uh today's 572 00:33:29,440 --> 00:33:35,919 price action um it's currently tuesday the 21st of september 2021 um so yeah 573 00:33:35,919 --> 00:33:38,640 you know i'm not going to kind of go back and find the most utopian perfect 574 00:33:38,640 --> 00:33:42,480 trade example for you literally just showing you literally every single day 575 00:33:42,480 --> 00:33:46,559 the the same you know patterns occur the same way we can trade the market um yeah 576 00:33:46,559 --> 00:33:50,640 and just kind of show you that so daily chart uh reasonably similar to the 577 00:33:50,640 --> 00:33:54,399 examples that we've been building throughout the lesson so far we know 578 00:33:54,399 --> 00:34:00,320 that we've been uh trading within this larger big bullish weekly range price 579 00:34:00,320 --> 00:34:04,480 currently is tapping into this liquidity sweep zone right there's going to be 580 00:34:04,480 --> 00:34:08,159 some demand left within this wick which we initially had a reaction off but we 581 00:34:08,159 --> 00:34:12,320 failed to take out that weekly high price then came back down and took out 582 00:34:12,320 --> 00:34:17,679 this weak weekly low here and tapped into some remaining demand within this 583 00:34:17,679 --> 00:34:21,520 sweep zone down here so the daily chart if we kind of simplify even more has 584 00:34:21,520 --> 00:34:26,079 been in a clear bearish trend forming those swing lower highs and lower lows 585 00:34:26,079 --> 00:34:30,000 then price did take out this weak load right sweeping that liquidity tapping 586 00:34:30,000 --> 00:34:33,760 into the remaining demand that is left within this wick and it did have a 587 00:34:33,760 --> 00:34:38,079 pretty decent bullish reaction uh taking out this more minor high here and it 588 00:34:38,079 --> 00:34:41,760 tried to form that clear higher high breaking this more major swing high up 589 00:34:41,760 --> 00:34:44,960 here however it literally whipped that high 590 00:34:44,960 --> 00:34:50,000 by about a pip or so it barely you know broke it obviously didn't go above it 591 00:34:50,000 --> 00:34:54,159 and we didn't get that type one breaker structure so no higher high there for me 592 00:34:54,159 --> 00:34:57,680 um essentially just tapping into that external range liquidity and then 593 00:34:57,680 --> 00:35:02,640 retracing pretty aggressively um to the downside so the daily chart is kind of 594 00:35:02,640 --> 00:35:07,359 coming down into this um extreme zone here so there is the potential that 595 00:35:07,359 --> 00:35:11,680 price could um you know form a decent reaction from here and actually go on to 596 00:35:11,680 --> 00:35:15,440 make car highs because it did take out this high here um but for me that's kind 597 00:35:15,440 --> 00:35:18,800 of more of a minor high than the true swing high um i would have really wanted 598 00:35:18,800 --> 00:35:22,160 to have seen this high get close and broken above and to be a lot more 599 00:35:22,160 --> 00:35:25,920 convinced that price was going to go and push on higher um which obviously could 600 00:35:25,920 --> 00:35:28,800 happen right we could react from here and go i have no idea i don't have a 601 00:35:28,800 --> 00:35:33,520 crystal ball but based on my analysis i would say that the higher probability is 602 00:35:33,520 --> 00:35:37,920 that this low here is a weak daily low because it failed to create a higher 603 00:35:37,920 --> 00:35:41,359 high it failed to take out that swing high for me it failed to get a true 604 00:35:41,359 --> 00:35:45,200 close above it so we may just see a bit of a short-term reaction here and then 605 00:35:45,200 --> 00:35:50,240 we could see a run of that low there to form a much clearer lower low so based 606 00:35:50,240 --> 00:35:53,760 on that as price comes down into here um you can 607 00:35:53,760 --> 00:35:57,839 look to trade this reaction and look for some short-term longs to trade a bit of 608 00:35:57,839 --> 00:36:01,520 a pullback there so let's have a look on the four-hour chart and see if we can 609 00:36:01,520 --> 00:36:05,440 refine our daily zone even more so we kind of had two main areas i would say 610 00:36:05,440 --> 00:36:08,480 on the floor chart you could either take that whole range there right that four 611 00:36:08,480 --> 00:36:12,320 hour range just draw this box on for the for our chart or refine it to that 612 00:36:12,320 --> 00:36:17,839 single pivot created demand down here drag these across a little bit 613 00:36:17,839 --> 00:36:20,960 all right well the next one which price is near 614 00:36:20,960 --> 00:36:26,560 approaching is this more decisional uh demand zone here 615 00:36:26,560 --> 00:36:29,680 where we can take that single candle or you can of course just take the whole 616 00:36:29,680 --> 00:36:33,040 range not a massive difference there and i'm going to be kind of using lower time 617 00:36:33,040 --> 00:36:37,040 frames here to look for different entries so i guess yeah risk entry from 618 00:36:37,040 --> 00:36:40,240 a four-hour perspective you could literally just set one on on that 619 00:36:40,240 --> 00:36:43,119 four-hour zone there stop just below the lower of course you could set it on the 620 00:36:43,119 --> 00:36:46,640 eq or you could set one down here right and essentially would be your risk entry 621 00:36:46,640 --> 00:36:49,520 but for the sake of this example we're going to drop down to lower time frames 622 00:36:49,520 --> 00:36:52,480 to see if we can get those low time frame entries to essentially just play a 623 00:36:52,480 --> 00:36:55,280 reaction from this daily zone in these four zones to see if we can get a bit of 624 00:36:55,280 --> 00:36:58,720 a pullback um counter trend training obviously we'll talk about management in 625 00:36:58,720 --> 00:37:01,599 the in the upcoming lesson uh but obviously we wouldn't want to push it 626 00:37:01,599 --> 00:37:05,680 too far because we would really kind of expect this bearish autoflow to to to 627 00:37:05,680 --> 00:37:08,079 stay until it doesn't and potentially looking for a price to come up in 628 00:37:08,079 --> 00:37:11,280 towards these supply zones and continue the overall bearish movement we can 629 00:37:11,280 --> 00:37:15,920 clearly see looking at before our recent price action right how corrective and 630 00:37:15,920 --> 00:37:19,920 and slow those pullbacks are and sharp aggressive movements down right supply 631 00:37:19,920 --> 00:37:24,880 is clearly in control so what i would be doing in live market save my alerts in 632 00:37:24,880 --> 00:37:28,160 this zone and wait for price to come into there but yeah let's see if we can 633 00:37:28,160 --> 00:37:32,800 kind of wait for the 15 minutes to give us that change of character and start to 634 00:37:32,800 --> 00:37:36,400 switch british as it comes into our zone so i'm just going to kind of pay this 635 00:37:36,400 --> 00:37:40,079 slowly forward so price is starting to build a bit of liquidity you can see we 636 00:37:40,079 --> 00:37:43,920 had those relatively equal lows right there and again equal those there 637 00:37:43,920 --> 00:37:47,839 building activity coming into our zone so now i'll just be waiting for 638 00:37:47,839 --> 00:37:51,200 price to switch bullish and give us a bit of a change of character so nice bit 639 00:37:51,200 --> 00:37:55,119 of momentum there and now we clearly have uh that minor break of stretch to 640 00:37:55,119 --> 00:38:00,160 the upside there with that change of character giving me a very nice uh 641 00:38:00,160 --> 00:38:03,680 zone down here which you could pretty much classify as a sweep zone as well 642 00:38:03,680 --> 00:38:07,359 in my opinion took the liquidity from those there nice aggressive you know 643 00:38:07,359 --> 00:38:11,200 move in aggressive move out showing the clear that demand was filled and causing 644 00:38:11,200 --> 00:38:14,400 that change of character with that minor break of structure there so now what i 645 00:38:14,400 --> 00:38:17,839 would do well one thing you can do is you can literally set your limit order 646 00:38:17,839 --> 00:38:23,119 here right and trade that m15 so kind of it can get a bit confusing then if when 647 00:38:23,119 --> 00:38:26,640 you're jumping through time frames and how you define confirmation or risk 648 00:38:26,640 --> 00:38:29,359 entry because essentially if you're trading the 649 00:38:29,359 --> 00:38:32,640 four-hour zone your your your four hour if you're 650 00:38:32,640 --> 00:38:36,960 trading a four hour poi and then you use this m15 zone as your execution time 651 00:38:36,960 --> 00:38:40,880 frame this essentially would be your m15 confirmation entry because you're using 652 00:38:40,880 --> 00:38:45,200 them 15 to confirm your four-hour zone right so if you were to set your limit 653 00:38:45,200 --> 00:38:48,720 order here that essentially would be kind of your m15 confirmation entry but 654 00:38:48,720 --> 00:38:52,480 what i'm going to do is i'm going to drop down a time frame to the m1 655 00:38:52,480 --> 00:38:56,320 and i'm going to essentially trade the m15 poi that's obviously nested within 656 00:38:56,320 --> 00:39:00,480 the 400 daily but i'm directly trading the m15 poi it's blue zone here 657 00:39:00,480 --> 00:39:04,960 by using an m1 confirmation entry so what that means is that i want to trade 658 00:39:04,960 --> 00:39:10,000 the m15 poi but i'm waiting for the m1 to confirm that the m15 poi is going to 659 00:39:10,000 --> 00:39:14,160 hold right so i want to see that switch bullish ideally get that flip zone 660 00:39:14,160 --> 00:39:16,880 within there as well that structural zone right so then look to trade and 661 00:39:16,880 --> 00:39:21,359 then see if we can use that confirmation on the m1 uh to essentially confirm the 662 00:39:21,359 --> 00:39:24,320 m15 poi but like i said you don't have to do that you could literally just 663 00:39:24,320 --> 00:39:29,599 enter on the m15 um zone if you wish to do so so just going to kind of fast 664 00:39:29,599 --> 00:39:33,599 forward this until price comes down to our zone if it does so 665 00:39:33,599 --> 00:39:36,079 let's see 666 00:39:36,320 --> 00:39:40,240 so just dropping around kind of coming into let's see what the time is now so 667 00:39:40,240 --> 00:39:44,640 12 15 on the time that's coming just into new york sort of 1 p.m 668 00:39:44,640 --> 00:39:48,480 all right so now let me zoom in we've literally just tapped the zone so if you 669 00:39:48,480 --> 00:39:51,280 had your alert on the zone that would now have gone off we've set liquidity 670 00:39:51,280 --> 00:39:55,839 into that zone so now i just want to see the m1 start to switch bullish so we're 671 00:39:55,839 --> 00:39:58,640 just trapping around at this moment it hasn't formed a lower low or a lower 672 00:39:58,640 --> 00:40:01,359 high so i'd be essentially looking at this 673 00:40:01,359 --> 00:40:05,839 as my m1 supply zone right so i want to see this fail and m1 674 00:40:05,839 --> 00:40:10,720 break higher up above this high here so that would give me my 675 00:40:10,720 --> 00:40:14,960 m1 change of character 676 00:40:15,760 --> 00:40:19,680 so typing into that tapping into that and then we break up above it but on the 677 00:40:19,680 --> 00:40:25,599 m1 we fail to close above that uh high there and then we start to shoot 678 00:40:25,599 --> 00:40:28,560 off let's see does it come back 679 00:40:28,560 --> 00:40:31,839 no not really so in this case the m1 is getting pretty ugly there wouldn't 680 00:40:31,839 --> 00:40:35,359 really be anywhere i kind of want to set an entry order there but what i can see 681 00:40:35,359 --> 00:40:38,560 and guess is that on the 15 second there was probably a clean entry because if 682 00:40:38,560 --> 00:40:41,040 you remember what i was saying the difference between 683 00:40:41,040 --> 00:40:46,240 using type 1 or type 2 for your sd flips is with a type 1 which is where we just 684 00:40:46,240 --> 00:40:50,800 get the wick break i you know it's not as kind of confirmed if you were to then 685 00:40:50,800 --> 00:40:54,720 enter as price comes back to the zone and because you fail to close above but 686 00:40:54,720 --> 00:40:57,599 the reason why some people are happy to use a wick break like with this candle 687 00:40:57,599 --> 00:41:00,880 here bang on one o'clock is because on a lower time frame it would have closed 688 00:41:00,880 --> 00:41:05,359 above and then it would have come back right here and then tapped you in and 689 00:41:05,359 --> 00:41:08,640 then you'd be in the trade so if i kind of show you let's see if the 15 second 690 00:41:08,640 --> 00:41:11,839 will load for me uh here we go 691 00:41:11,839 --> 00:41:15,440 yeah so you can see how clear that is now if i zoom in 692 00:41:15,440 --> 00:41:18,480 so what would have happened if you were looking at this on the on the 15 second 693 00:41:18,480 --> 00:41:21,760 is price went up obviously clearly closed well above that and then you 694 00:41:21,760 --> 00:41:24,880 would have been looking to uh enter 695 00:41:24,880 --> 00:41:27,040 essentially within the cell to buy obviously you could refine it to that 696 00:41:27,040 --> 00:41:30,079 and one inside bar and then that would be your entry order there and then 697 00:41:30,079 --> 00:41:32,960 you're gonna set your limit or enter up markets price and returns you can get 698 00:41:32,960 --> 00:41:36,960 away with a one pip stop probably be a bit more lenient 1.5 pips um or you can 699 00:41:36,960 --> 00:41:39,839 obviously take the whole range two pips there right and then you would be in the 700 00:41:39,839 --> 00:41:43,680 trade that way if you took the second time frame entry obviously on the m1 it 701 00:41:43,680 --> 00:41:46,880 doesn't really give you an entry there so let's fast forward this a little bit 702 00:41:46,880 --> 00:41:51,440 more and see if we do get an m1 confirmation entry so next kind of area 703 00:41:51,440 --> 00:41:54,240 of supply be looking at is this range here 704 00:41:54,240 --> 00:41:57,839 right you can take the whole range or you can refine it to kind of you know 705 00:41:57,839 --> 00:42:01,920 this candle area here which we can see prices coming into while having a bit of 706 00:42:01,920 --> 00:42:06,079 a reaction so this now should form a lower low let's see okay so now we've 707 00:42:06,079 --> 00:42:10,319 closed oh no we haven't closed but we've spiked up above that high um so let's 708 00:42:10,319 --> 00:42:14,079 wait for it let's see if we can get an m1 close so now we have an enclosed 709 00:42:14,079 --> 00:42:18,560 above the reaction right so we have a confirmed failed reaction so now what 710 00:42:18,560 --> 00:42:22,640 that means is you can technically enter anywhere on that cell to buy price 711 00:42:22,640 --> 00:42:26,960 action right anywhere within this candle here so this is where you kind of have 712 00:42:26,960 --> 00:42:29,599 your options open right so let's say this is a zone you want to enter on you 713 00:42:29,599 --> 00:42:32,160 can either enter on the distal and then that will 714 00:42:32,160 --> 00:42:34,560 you will put your stop behind there right so 715 00:42:34,560 --> 00:42:37,839 probably you want to give that a bit of a buffer i'd say two and a half pips um 716 00:42:37,839 --> 00:42:41,359 or you can enter on the eq or you could say well i'm a type of trader who always 717 00:42:41,359 --> 00:42:44,960 wants a two pip stop so in that case you would then just do that and now 718 00:42:44,960 --> 00:42:48,160 essentially determine where your entry point is right or you can potentially 719 00:42:48,160 --> 00:42:51,599 move it a little bit closer so let's see if you get tagged in so then you get 720 00:42:51,599 --> 00:42:55,760 tagged in that case and then you'd be in the trade so let's see how this plays 721 00:42:55,760 --> 00:42:58,319 out so you yeah you still be in the trade at 722 00:42:58,319 --> 00:43:01,119 this point again we'll talk about management in a bit but you'll see in 723 00:43:01,119 --> 00:43:04,000 the next lesson that running at 2.5 definitely wouldn't really want to move 724 00:43:04,000 --> 00:43:06,880 that to break even a point you'd want to let it run a little bit more but yeah 725 00:43:06,880 --> 00:43:09,599 we'll talk about management in the next lesson and then you'd be in that trade 726 00:43:09,599 --> 00:43:14,560 so essentially what you've done here is we are playing essentially that daily 727 00:43:14,560 --> 00:43:17,440 and four hour pullback right remember from this large daily zone we were 728 00:43:17,440 --> 00:43:21,520 refined to two four-hour zones so the decisional and then the origin extreme 729 00:43:21,520 --> 00:43:25,040 down here we then waited for price to come in and we're essentially using the 730 00:43:25,040 --> 00:43:28,480 m15 as confirmation of which zone is likely going to hold first so we can 731 00:43:28,480 --> 00:43:32,880 play a reaction from here so that's one we got i'll show you on the m15 732 00:43:32,880 --> 00:43:36,319 all right that's why we waited for the m15 to switch british we got that uh 733 00:43:36,319 --> 00:43:40,000 change of character we created a sweep zone right that demand zone price came 734 00:43:40,000 --> 00:43:43,280 into it which we could have traded directly so that would have been an m15 735 00:43:43,280 --> 00:43:48,480 confirmation entry of a four-hour zone or maybe you know the m15 is the just a 736 00:43:48,480 --> 00:43:52,079 time frame that you use pois from so this would be your main time frame to 737 00:43:52,079 --> 00:43:56,400 look to build trade ideas around then you would then essentially that would 738 00:43:56,400 --> 00:43:59,920 classify as a risk entry i guess and then you would be jumping down to the m1 739 00:43:59,920 --> 00:44:02,960 for your confirmation entry if that makes sense so you wait for them one to 740 00:44:02,960 --> 00:44:06,000 tap into it you wait for the m1 to switch british for demand to get in 741 00:44:06,000 --> 00:44:09,280 control there wasn't really a clean m1 entry there for me 742 00:44:09,280 --> 00:44:12,800 much clearer under 15 seconds if you use that time frame otherwise for me this is 743 00:44:12,800 --> 00:44:16,880 the first valid and one entry where we get that uh flip occurring that exchange 744 00:44:16,880 --> 00:44:20,319 right that reaction the reaction fails price pulls back into it you get another 745 00:44:20,319 --> 00:44:23,680 opportunity to get back in here right as it fills up more entries or more demand 746 00:44:23,680 --> 00:44:27,599 i should say more orders within lowering the zone um and then we go there would 747 00:44:27,599 --> 00:44:31,119 have been another 15 second entry here as you can see right price comes back in 748 00:44:31,119 --> 00:44:33,920 um it would have been a lower timeframe confirmation and then you could have 749 00:44:33,920 --> 00:44:37,839 traded this move um off and away so yeah hopefully you can kind of see the 750 00:44:37,839 --> 00:44:41,599 differences there between the the time frames and kind of how you can classify 751 00:44:41,599 --> 00:44:45,200 that as risk entry or confirmation entry um i wouldn't get too caught up on it 752 00:44:45,200 --> 00:44:48,160 and too confused about it it's confusing um it's more just kind of trying to 753 00:44:48,160 --> 00:44:51,920 separate those out in your mind of really what those mean so then if we 754 00:44:51,920 --> 00:44:55,119 kind of fast forward this see how far price 755 00:44:55,119 --> 00:44:57,920 plays out so this is kind of around asian sessions so i wouldn't be trading 756 00:44:57,920 --> 00:45:00,880 around this time to kind of bring this to pre-london 757 00:45:00,880 --> 00:45:04,480 see so around 7am it's frankfurt so around this time here 758 00:45:04,480 --> 00:45:08,240 so we've had another m15 break of structure right so we're getting that 759 00:45:08,240 --> 00:45:11,599 bullish order flow starting to kick in but remember it's counter the four hour 760 00:45:11,599 --> 00:45:15,440 and daily trend so we don't be pushing uh this too fast so at this point it's 761 00:45:15,440 --> 00:45:20,240 kind of a couple areas i'd be looking at this being the most obvious zone here 762 00:45:20,240 --> 00:45:22,480 uh 763 00:45:22,880 --> 00:45:26,160 right and then the only thing i don't like about this is this pretty obvious 764 00:45:26,160 --> 00:45:30,000 liquidity sitting below it right all of those uh equal lows here if we can get 765 00:45:30,000 --> 00:45:34,160 the line to work there we go so be a bit cautious of that and we may come a 766 00:45:34,160 --> 00:45:38,720 little bit lower before we go so what do we have kind of have this 767 00:45:38,720 --> 00:45:42,480 orange origin demand zone that's being unmitigated down here 768 00:45:42,480 --> 00:45:45,839 all right if you just follow the series of mitigations and kind of another 769 00:45:45,839 --> 00:45:50,160 obvious one i would see is this is a flip zone let's see so that candles 770 00:45:50,160 --> 00:45:55,040 are mitigated but did it react uh so what i'm essentially looking at is 771 00:45:55,040 --> 00:45:58,960 this whole range here right this by-to-cell range on m15 so we drag it 772 00:45:58,960 --> 00:46:03,680 across all right and we can see that price pulled in 773 00:46:03,680 --> 00:46:07,200 oops so it moved in and then that uh cell to 774 00:46:07,200 --> 00:46:10,480 buy range right cause a reaction and then that's where the demand came in to 775 00:46:10,480 --> 00:46:13,760 kind of break those highs and take out that zone there so obviously price did 776 00:46:13,760 --> 00:46:17,440 come back into the top of the zone reacted and pushed away but we do have a 777 00:46:17,440 --> 00:46:21,280 mitigator zone below which has nice inducement above so i'd look to trade 778 00:46:21,280 --> 00:46:24,640 from either uh of these zones so then what we can do is obviously you can set 779 00:46:24,640 --> 00:46:28,079 limits on auto on either of them right take those kind of risk entries or you 780 00:46:28,079 --> 00:46:31,359 can drop down to your execution time frame so let's take a look at the m1 and 781 00:46:31,359 --> 00:46:34,880 then just wait for price to come into those zones and let's see if we get 782 00:46:34,880 --> 00:46:39,920 entries so price comes in 783 00:46:40,160 --> 00:46:43,760 okay so now we're looking to see if one switch is bullish okay nice big 784 00:46:43,760 --> 00:46:48,160 aggressive move away swept all of this liquidity here big movement in and out 785 00:46:48,160 --> 00:46:50,880 um so then i would essentially be looking at this 786 00:46:50,880 --> 00:46:54,000 uh and one entry here now this isn't really a flip zone for me this is more 787 00:46:54,000 --> 00:46:58,880 just a structural zone um so yeah i do prefer flip zones but yeah it's still 788 00:46:58,880 --> 00:47:02,880 got decent enough confidence to look to trade from so let's see let's see how 789 00:47:02,880 --> 00:47:05,920 big you know this would be so if you're entering on the distal bit of a safe 790 00:47:05,920 --> 00:47:09,200 buffer again two and a half pips or whether you're entering the eq or 791 00:47:09,200 --> 00:47:12,480 whether you're let's say you're a two pip stop trader then you would enter 792 00:47:12,480 --> 00:47:15,599 there right because it just depends on where your stop-loss is will determine 793 00:47:15,599 --> 00:47:19,359 where your entry is so let's see if we get tagged in so no tag there doesn't 794 00:47:19,359 --> 00:47:21,520 break the highest you leave your order on 795 00:47:21,520 --> 00:47:25,280 and then that ends up being a loss okay absolutely fine just trying to show you 796 00:47:25,280 --> 00:47:29,839 here right losses are more than valid this was a decent area in my opinion yes 797 00:47:29,839 --> 00:47:33,440 there's liquidity below that looks like price is now looking to sweep but we 798 00:47:33,440 --> 00:47:37,359 never know where the price will sweep it or not so we always react to it and not 799 00:47:37,359 --> 00:47:41,839 predict so let's see if we can get a decent reaction from the lower zone 800 00:47:41,839 --> 00:47:46,079 um let's see what happens even when price reaches there so a pretty 801 00:47:46,079 --> 00:47:49,520 aggressive move in and a pretty aggressive move out let's just wait if 802 00:47:49,520 --> 00:47:54,640 they want to switch bearish so kind of have this whole m1 range here 803 00:47:54,640 --> 00:47:57,599 drag this out the way 804 00:47:58,720 --> 00:48:03,839 okay um so there's our m1 zone 805 00:48:04,000 --> 00:48:08,880 so let's see if supply is going to hold so we're getting a reaction 806 00:48:08,880 --> 00:48:12,640 and then we're going to closure above and that change of character so that 807 00:48:12,640 --> 00:48:15,599 would be your m1 808 00:48:15,599 --> 00:48:18,960 shock and then this would be where the 809 00:48:18,960 --> 00:48:24,000 reaction is all right those inside bars so that would be the reaction failing 810 00:48:24,000 --> 00:48:27,680 so then you can enter anywhere within here 811 00:48:27,680 --> 00:48:32,160 i've not drawn that actually at all let's get it on there there we go 812 00:48:32,160 --> 00:48:34,640 and then down to here and then that would be 813 00:48:34,640 --> 00:48:39,040 essentially your confirmation entry of the lower m15 zone so again if you were 814 00:48:39,040 --> 00:48:44,240 to enter straight on this m15 zone whack a limit on the distal 815 00:48:44,240 --> 00:48:48,079 right it was just an m15 trader trading in 15 poi directly stop below the low 816 00:48:48,079 --> 00:48:50,720 probably seven pip stop that would be your position there that would be 817 00:48:50,720 --> 00:48:54,240 essentially your m15 risk entry maybe you want a confirmation entry so 818 00:48:54,240 --> 00:48:58,160 drop down to the time frame execution wait for the m1 shock and the flip 819 00:48:58,160 --> 00:49:02,000 there's your entry there let's see if we get tagged in or not 820 00:49:02,000 --> 00:49:05,359 so we've got another minor breaker structure prices come back in and then 821 00:49:05,359 --> 00:49:08,400 boom there's your nice movement away so there's your confirmation entry what do 822 00:49:08,400 --> 00:49:11,520 we get we're getting on the breaker structure there's no exchange between 823 00:49:11,520 --> 00:49:14,559 demand and supply there so there's no flip we kind of just smash straight up 824 00:49:14,559 --> 00:49:19,680 through but we do have these kind of pretty clean m1 um in fact 825 00:49:19,680 --> 00:49:23,440 i'll draw this zone here right on these two candles here where then you can get 826 00:49:23,440 --> 00:49:26,160 your double confirmation entry so this would be your first initial position on 827 00:49:26,160 --> 00:49:30,079 the confirmation entry now whether you took this you can scale in here or look 828 00:49:30,079 --> 00:49:33,760 to scale in or now you've got double confirmation right you're seeing demand 829 00:49:33,760 --> 00:49:37,200 starting to hold we've had a double break of structure um we've seen this 830 00:49:37,200 --> 00:49:40,480 supply to demand flip here we've created another area of demand so then this 831 00:49:40,480 --> 00:49:45,119 would be my double confirmation entry here all right so then let's just say 832 00:49:45,119 --> 00:49:48,319 you take a two pip stop nice and conservative below the low there and 833 00:49:48,319 --> 00:49:51,599 then that can be another entry there and then let's see 834 00:49:51,599 --> 00:49:55,040 kind of still part of why not move so i personally view that kind of as one just 835 00:49:55,040 --> 00:49:58,960 big push and looking to see if price can come back to the origin or not 836 00:49:58,960 --> 00:50:03,440 leave your order on let's see and you don't get tagged in so yeah 837 00:50:03,440 --> 00:50:06,960 that's the kind of the thing right you can get extra confirmation but 838 00:50:06,960 --> 00:50:10,319 you run the risk of potentially price not pulling all the way back and tagging 839 00:50:10,319 --> 00:50:13,920 you in in this case okay so that would be your risk entry down here 840 00:50:13,920 --> 00:50:16,720 that would be your m1 confirmation entry and then that would have been your 841 00:50:16,720 --> 00:50:21,680 double confirmation entry down here um but yeah you end up not getting in there 842 00:50:21,680 --> 00:50:24,880 um yeah is what it is the only thing you 843 00:50:24,880 --> 00:50:27,200 could potentially have done i'm just looking at this now to see how you could 844 00:50:27,200 --> 00:50:30,240 have got in is let's say you're looking at the extreme but price starts to move 845 00:50:30,240 --> 00:50:34,000 away it starts to break to the upside what you can do is realize that um 846 00:50:34,000 --> 00:50:38,079 actually price might not come back to mitigate that exact refined m1 um level 847 00:50:38,079 --> 00:50:41,760 of demand and actually it's just you know reacting to this whole cell to buy 848 00:50:41,760 --> 00:50:44,960 region because if you were to jump up to the m5 essentially this would be like an 849 00:50:44,960 --> 00:50:48,400 m5 demand zone right but then if you see and one starting to react to move away 850 00:50:48,400 --> 00:50:51,440 we get those minor breaks of structure then potentially you know you may want 851 00:50:51,440 --> 00:50:55,040 to enter on that next level of demand which should be here and that's how you 852 00:50:55,040 --> 00:50:57,920 could have got into the trade if you entered on the distal so not necessarily 853 00:50:57,920 --> 00:51:00,240 saying that will be in your trade plan or a position you may want to take you 854 00:51:00,240 --> 00:51:02,800 may always want to wait for price to come down to the extreme i'm just kind 855 00:51:02,800 --> 00:51:06,559 of showing an example of here of potentially if price starts to move away 856 00:51:06,559 --> 00:51:10,160 right break structure to the upside here it creates another level of demand that 857 00:51:10,160 --> 00:51:13,760 is how you can get in rather than always waiting for price to come in and tag you 858 00:51:13,760 --> 00:51:17,599 in but yeah that's kind of as simple as you need to keep it 859 00:51:17,599 --> 00:51:21,200 risk entry on the m15 zone m1 confirmation entry and that would have 860 00:51:21,200 --> 00:51:24,640 been a tiny double confirmation entry if it entered you in but it didn't in this 861 00:51:24,640 --> 00:51:28,720 case and obviously how you enter on the zones distal eq or have a fixed stop 862 00:51:28,720 --> 00:51:31,440 loss um but yeah when you're first starting out i definitely recommend just 863 00:51:31,440 --> 00:51:34,400 always taking it on the distal just to kind of get in more trades get more 864 00:51:34,400 --> 00:51:37,520 experience more exposure you get to journal more you get to you know just 865 00:51:37,520 --> 00:51:41,520 yeah for obvious reasons right refine it a bit more to the eq um it's very very 866 00:51:41,520 --> 00:51:44,960 simple and you just instantly double your rr for when you do get tagged in of 867 00:51:44,960 --> 00:51:48,240 course and then yeah then you can really start to refine and play around with 868 00:51:48,240 --> 00:51:51,599 fixed stop-losses losses only once you've collected a ton of data 869 00:51:51,599 --> 00:51:54,960 on what kind of is the most optimal for you for your style for the time frames 870 00:51:54,960 --> 00:51:58,720 you execute on and obviously for each individual specific pair 871 00:51:58,720 --> 00:52:02,160 because a two pip stop loss on your dollar is going to be 872 00:52:02,160 --> 00:52:05,599 well it can work out okay maybe for you but if you put that two pip stop loss on 873 00:52:05,599 --> 00:52:09,359 a pair like pound yen you will quickly see that that is tiny and it's not going 874 00:52:09,359 --> 00:52:14,400 to cover you at all because pound yen has a much higher average true range um 875 00:52:14,400 --> 00:52:16,800 yeah i'll leave it there before i write down about any longer hopefully that 876 00:52:16,800 --> 00:52:19,599 makes a lot more sense about entries and then we'll talk about this in a lot more 877 00:52:19,599 --> 00:52:23,040 depth of how you can tailor this and personalize this to your own kind of 878 00:52:23,040 --> 00:52:28,520 style as we look to create our trade plans94317

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