Original subtitles

everything that I've just said and yeah wish you all the best

in understanding this but yeah guys we'll see you in the next

section when I look more into trade entries and a few other

tips and tricks that I've got going on anyways guys take

whole study of Wykoff in the past few videos but understand

if you risk usually 1% on a trade, risk 0 point 5% on a

confirmation as part of the plan and that's it. So you

what you've just learnt. Go back on the charts and

structures, certain confirmations, but yeah, that's

that we're now moving bullish because of certain breaks of

when it occurs. It's not a must for myself. It's just an extra

that's all it is. So guys, please obviously take notes of

when I was trading this, I didn't have the Wykoff

are based of proper understanding or structure

the accumulation is where you really to get a shallow entry.

You just need to understand that quite simply and then

built in. It's market structure with phases. That's all it is.

looking at this, they would say this is Wykov. Me personally,

could argue this this is Wykov but in fact setup was so this

need to understand is an intense and an advanced

the Asian range when other people's eyes, if they were

annotations linked up, the phases split up. All it was is

you'll do well for yourself. Uh so understand that market that

Wykov does not always appear and rather most of my trades

points of interest and to me this is why I say Wykoff occurs

if you want to play like that or you can reduce your risk. So

is at the end of the day. It's market structure with names

an in-depth understanding of price action and understanding

Asian range we've got London reversal back to equilibrium of

It's going to be quite difficult for you to get a

example right here we've got a few things going on we've got

of it and take notes. The end of the Wykoff distribution or

trade and keep your stop loss short and sweet. So yeah is

Wykov really necessary now I've just taken you through this

works. Like I said in the last presentation, look at the end

normally mitigated entry. So why the stop losses can be used

and again and again and again. No, that's not the way it

institutions want price to distribute down and when they

distribute apart from the fact that you only see a white off

this it is not completely necessary it contributes very

waiting back to oh yeah, I'm going to mitigate this again

something with Wykoff where it's the nature of Wykov. The

do it, they're going to do it hard. They're not going to be

much more than Wykov. Wykov is simply just a confirmation at

Wykov distribution. Number four, I end up missing the LPSY

understanding of market structure Because that's all it

this is very true you're going to see Wykov almost

well in the lower time frames but the main point where you

in the low time frame I guarantee you that's going to

point where you can validate yes, I'm going to see, I'm

should only be applied at your point of interest. Could be an

be a loss. Simply because market structure is weighs so

the end of the day. Number three, not knowing where is the

block, where whatever it is, it's got to be an important

action points of interest. If you've got no reason to

going to see selling now, therefore I should look for

throughout this whole sort of part of the course, Wykov

order block, liquidity run, a refined order block, break a

or tests as price does not come back to enter me. Now, this is

most effective place to apply Wykov. Now like I said

my early days in my strategy I really I really found out that

a certain you might be at a random point and you think ah I

you've got to link it up to market structure and price

can see a distribution happening. Let me get in. But

stages but it's deceiving because it can you might be at

structure but more complex Because it's got different

anywhere because essentially Wykov is simply market

in the marketplace now when I was back testing especially in

schematics can be deceiving happening in all sorts of areas

be sure of what the schematic is now the second point Wykov

that you might not know what type of schematic you are until

either up or down. So solution for that in a schematic avoid

entering anywhere before the last two phases where you can

type of schematic you are until the very end. Now that's very

the very last phase until you see that significant break

that's very true. If you understood what was going on in

then solutions. So the first one you won't know exactly what

informational but improving your win rate with Wykoff.

distribution and recumulations and vice versa you understand

So first of all let's identify the problems with wipe off and

been looking at recently. So this one is a bit more

the technical course. Um so it's just finishing up on this

whole theory of Wykoff and market structure that we've

Yes everyone, welcome to the last video of second section in

care.