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you're going against
fundamental direction, please,
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the most times of the day and
then the rest of the day I'll
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always going to be there and
obviously, I hope many of you
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with it and understand it but
this is the obvious reason. If
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news event and then see what
entries you can get into rather
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you've got to reserve yourself
then just wait till after the
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the liquidity just above for
example but yeah you really
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both technicals and
fundamentals but be wary and
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reduce risks because
fundamentals will always
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traders that I want to build
up. You know, understanding
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section on this a whole course
second part of the course and
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five o'clock price will
consolidate and potentially
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event for example if you if
that news event caused caused a
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the main thing is fundamentals
I mean I'm doing a whole
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massive a rapid move into that
area might not be the cleanest
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as well if you got a funded
account most of them don't let
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simply mitigate that area but
instead could play around with
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point of interest that you'd
find. It's unlikely to just
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your point of interest was for
a sell really and truly
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just fundamentals so you're
really going to get to grips
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please, please consider what
you're doing. I mean, I'm
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than have a limit on during
that news event another thing
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provider is but yeah so the
third thing fast spike into
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you've got fundamentals going
on so especially after a news
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you trade your news events
depending on how lenient your
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consider reconsider that as a
point of interest because that
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massive buy so it sped up right
into your point of interest and
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but yeah news events can cause
a lot of volatility and your
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consider price and the speed of
it as well and then of course
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point of interest this happens
a lot during times of when
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want to confuse you with
anything at the moment but
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back testing and even when
you're trading. Uh so yeah,
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just do whatever else I'm
doing. Um particularly after
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20 pit moves in just a few in
just a few candlesticks it's so
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time of day, if setup occurs
outside of optimum hours, and
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considering the amount of
volatility. Events such as FOMC
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overpower technical analysis
any in any direction and these
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approached, it can be very
risky, risky to enter
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price movements that happen at
the time you know you might get
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even reverse till the next day
so you gotta be careful of
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meetings, NFP, other data
releases like CPI, PPI, don't
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obviously we're going to go
through that in the future. Um
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point of interest might be the
perfect one but the amount of
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traders will take on the
fundamentals and actually
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event is released at the time
of your point of interest being
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incorporate that into your plan
because they're the type of
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the the optimum hours, if you
remember me saying from last
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So this is something that
you'll come across when you're
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time, and then for New York,
it'll be from about 12 to 230.
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time, London between eight and
10 o'clock in the morning, UK
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So there are the times that I'm
actually Quite active out of
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the fake move then you've got
the New York, London overlap
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got to consider these things.
Then news events as well,
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section time and price in the
daily cycle it's you know
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which is the retracement,
everything like that, you've
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you've got to think about the
way price moves so think think
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Asian range that happens the
consolidation London reversal
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the likelihood of that play now
is not too high because the
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fundamentals and then a fast
spike into point of interest.
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back to I think it was our
second video in the second
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thing is we use time of day to
also confirm our trades I mean
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you've got to understand the
Asian range you've got the
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nice stop loss going,
everything like that but it's
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that. Second thing, news event.
If a very high-impact news
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setup, the point of interest is
about to hit and you've got a
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the invalidation of a trade?
First thing and one of the most
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hint towards that setup not
being perfect. So what causes
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it's almost midnight. It's
almost Asian session. You're
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important things is time of
day. If you've got a perfect
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actually trading let's say at 5
AM in the morning, it really
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at the moment and obviously
trying to get yourself into the
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technical course. So obviously
we're looking at trade entries
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invalidation. So what I mean by
this is how do you know when
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it might meet your criteria but
there's certain things that
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you're set up when you should
not enter a type of setup. So
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market and one of the key
things to look at is
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guys are you in the next
lesson. Take care.
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Yes guys, welcome to the second
video of the third part of the
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