Afrikaans
Akan
Albanian
Amharic
Arabic
Armenian
Azerbaijani
Basque
Belarusian
Bemba
Bengali
Bihari
Bosnian
Breton
Bulgarian
Cambodian
Catalan
Cebuano
Cherokee
Chichewa
Chinese (Simplified)
Chinese (Traditional)
Corsican
Croatian
Czech
Danish
Dutch
English
Esperanto
Estonian
Ewe
Faroese
Filipino
Finnish
French
Frisian
Ga
Galician
Georgian
German
Greek
Guarani
Gujarati
Haitian Creole
Hausa
Hawaiian
Hebrew
Hindi
Hmong
Hungarian
Icelandic
Igbo
Indonesian
Interlingua
Irish
Italian
Japanese
Javanese
Kannada
Kazakh
Kinyarwanda
Kirundi
Kongo
Korean
Krio (Sierra Leone)
Kurdish
Kurdish (Soranรฎ)
Kyrgyz
Laothian
Latin
Latvian
Lingala
Lithuanian
Lozi
Luganda
Luo
Luxembourgish
Macedonian
Malagasy
Malay
Malayalam
Maltese
Maori
Marathi
Mauritian Creole
Moldavian
Mongolian
Myanmar (Burmese)
Montenegrin
Nepali
Nigerian Pidgin
Northern Sotho
Norwegian
Norwegian (Nynorsk)
Occitan
Oriya
Oromo
Pashto
Persian
Polish
Portuguese (Brazil)
Punjabi
Quechua
Romanian
Romansh
Runyakitara
Russian
Samoan
Scots Gaelic
Serbian
Serbo-Croatian
Sesotho
Setswana
Seychellois Creole
Shona
Sindhi
Sinhalese
Slovak
Slovenian
Somali
Spanish
Spanish (Latin American)
Sundanese
Swahili
Swedish
Tajik
Tamil
Tatar
Telugu
Thai
Tigrinya
Tonga
Tshiluba
Tumbuka
Turkish
Turkmen
Twi
Uighur
Ukrainian
Urdu
Uzbek
Vietnamese
Welsh
Wolof
Xhosa
Yiddish
Yoruba
Zulu
sort of you know medium of the two and come up with something
the admin side of it which is probably the the worst side of
know with these processes something I believe massively
profits here but just imagine obviously it didn't happen here
and more enjoyable then it's you know you're more to keep
getting on the wrong side of the market like maybe you kept
really needs to get in my opinion when you're using
forward price until the London and the New York session and
can start to test them right that way if you if you want to
terms of you know experience and lessons learned etcetera so
it right you can make that a little bit smoother and easier
through it just to just to say to yourself oh you know I did a
in terms of how much you're actually gaining from that in
you know collect a lot of data how far did the trade peak how
a fresh market one click that one and yeah that kind of you
you do get to end of your back testing session probably the
want to have a column on entering on the EQ entering on
when you then look back at it and you're reviewing that whole
creations into the community as I would love to see those.
action and then obviously the way I would do it is just fast
trying to short this the whole way up and actually you know we
probably say about this it is the same sort of pretty much
week and go well actually I'm leaving a hell of a lot of
let's say I don't know you took a trade here you know on the
doing this and ultimately that's going to benefit you and
know two well set up a time frame whether it's two or three
week's worth of price action back testing today you know I'm
and Thursday price just continued melting down you know
dig into the price action rather than just blasting
to study right or maybe you found yourself you just kept
to record your data and as please drop any of your own
feel like play as much as possible and if you make the
end up having a bit of week and things like that just really
week the whole week's worth of price actually paid out because
Monday and let's just say you know you took the new way
it that way and just make sure you are reviewing it when
seen in both case studies and the forward testing with the
your trading right so yeah if you want to generate another
profit here on the table and other types of things you need
replay you may want to collect even more statistical data and
but just imagine that then through Tuesday and Wednesday
trading view you kind of in summary set out to maybe do you
days or maybe you want to do a full week's worth of price
as kind of as simple and as complicated as pack testing
process makes sense yeah and you guys can can use either way
working really hard well yeah you might be working hard but
before I ran on any longer I'll leave that there hopefully the
you know you want to make that efficient and productive work
guys should know how to use this by now the only thing I
most important thing to then do is actually zoom out and go
could you have managed it better like have potentially
you're done that's kind of one key point it will make is when
then speed it through to the next day yeah and just record
back through all the sessions that you've traded obviously
you may want to add in some more columns here like you may
do so right at that point just just some food for thought but
a little bit more creative I don't know but as always you
prefer either you kind of want to use the the spreadsheet
that and and and populate that template or maybe you would
way or the other or maybe you guys can come up with some some
prefer if I go back here to use kind of the the calendar
record the data I've made another obviously section in
fresh spreadsheet particular that one obviously if you want
price play out so that's kind of why I prefer to just stay on
high time frames put in any trades you took in London
is you're trying to trying to somehow sometimes it's boring
just literally fast forward price until I got to the the
example right and you can do a week's worth of testing and
right testing can be boring but you need to try and make it
study section but when you are back testing like this with bar
then you know not see how it played out as much as possible
method which if you prefer that kind of collecting a bit more
your screenshots and and what not in here if you just click
London session of the next day right so here we go it's kind
during the New York and you may prefer that you may prefer one
then you can chuck it in here like that so you've got the
sub-off sizes and things like that and then you can put in
the same spreadsheet template as as the one from the case
is pricing get there quicker than you think and then you see
anything until you price gets to there or there of course
options that are kind of put there for you guys and it's
then as well where you can see the benefit of how the whole
so that pretty much wraps it up in terms of how you then can
would do is I would back up to the 15 minute and then I would
you know you didn't have to do that let's just say I don't
it's pretty much just based on on the two methods that you've
little bit here quicker right but obviously what can happen
through. Obviously if you trade New York as well then do this
most from it. Um rather than just blasting through and
the testing section in your dashboard so if you go into
quantitative data right you know your confluences and
and then I would literally just I mean you guys already know
throughout the whole of New York. And it kind of when you
then just pay price forward into those POIs or of course
of towards inner New York this is InterAsia now just zoom in
for the most part outside of those hours. So then what I
to date on 15 -minute before I have a quick look at the daily
areas and for now you weren't going to literally look for
you're up to set on the M1 you can just play it forward a
to about three or 4 PM London time. It's kind of the end of
race at all. You really want to be learning and getting the
kind of just saying oh what result did I get at the end
as I go along but imagine you I don't know you had these two
the London New York crossover. I don't tend to usually trade
the Mone just so I can see price as it comes into here and
then I would do my analysis right make sure everything's up
okay? Um try and try and learn as much as possible as you go
then that's where I'll be the next training day right and
have different R columns for different management styles you
and just you know really study price action. It's it's not a
get to you know for me personally kind of when I get
Mone I would obviously be able to see where those POIs are and
the distal or whatever you know using a fixed up or size and
for you and yeah then I would just play price forward however
I did for the London session I would mark it all up you know
this kind of slight method to to whatever is going to work
markups so basically it's going to just be which way you
what's going to happen right just load up to about 6 AM and
back test and this is kind of where you have sort of two
know let's say you were waiting for price to either come down
minute structure in POIs mainly and then waiting for the lower
see how it's looking and then I would again drop down to the
into this area here I'm literally just making this up
frames or maybe you're just looking at M 15 risk entries
for you know testing that sort of strategy right just adjust
look at my trade plan and follow the management plan then
then you wouldn't really go lower than the M15, unless
leave my annotations on maybe you know use some of the boxes
obviously if you're someone who's a bit more high on the
you're obviously using the M1 potentially to refine your M15
let's just say this was you know I'll just draw it over
box was the M15 box and then you might drop down to the M-1
look for your scalings whatever your whatever your trade plan
zone in order to put your limit orders on right so imagine this
and go actually I want to set my you know my risk entry
than that you know obviously there are kind of multiple
higher time frames follow that same process but on those time
then look for my entry models on the M-1 right and I'll just
I would record the outcome of the trade and that's it
testing but ultimately it's just going to depend on on what
within the Mone up on that zone there and then you'd be looking
time frames to to enter that that those those those POIs
is right but obviously you're just trying to simulate that
I've shown you know it's based on kind of the four hour, 15
methods and ways you can kind of follow with back
then yeah just literally pay price forward see how it plays
your trading style is what your trading setup is obviously here
however whatever my trade plan said right you know think about
live market set my alerts on that box and wait for price to
bit let's just say that this was a 15an M15 POI right what I
let's say that a trade had set up obviously hasn't in this
I'll be taking trade I would just you know size up like this
right now let's just say I've just drawn on this box randomly
market environment but whilst back testing so there's not
where you're going to be targeting etcetera etcetera and
here right just for to say who's speeding this up a little
case but let's just say you know we got an entry signal and
would be doing now is essentially like I would in the
you know tap into that box and I would play price forward and
then I would just look to see if my entry model sets up now
really too much else I can I can think of to explain other
out obviously draw your analysis that's going along
kind of coming in towards the this kind of European open and
open so I kind of want to be ready before that that volume
the speed for how many bars load or you can load bar by bar
with a click here if you don't want to use the keyboard so
designated trading hours so now that we've got today out in the
analysis I would then drop down to my execution time frame
showing you guys the actual process rather than going
15 minute you know just assume that I've drawn on all of my
just for a minute and what I would do is you can see the
done my analysis and I'll just be tidying up anything that
market opens which is 10PM London time and what I would do
potentially happen over Asia and then yeah now this is
getting to my charts before the Frankfurt and then the London
the London session and this will be my you know pretty much
around 6630 in the morning as I spot the time I'm usually
right and it will play it forward and here you can adjust
is is if you hold shift and the right aero key that will load
analysis not going to do it now just for the sake of just
weekly as well if you want then go down to the four hour chart
yeah like I was saying do is I would just fast forward this to
next candle will be the start of the week right when the
starts to kick in right so what I would then do obviously I
candle by candle or of course you can press play down here
again follow the same process do all of your mapping and
put all my analysis on the higher time frames go up to the
would you know in the live market I would have already
just you know do all my follow my usual mapping process right
this should be the start of the week so now what I would do is
what I would do when I'm sitting down to do a back
through all of the analysis and drop down to your medium time
right and then just do that for the week. So if I you know go
be that hardcore when you're kind of first starting out.
to this candle so it says the third of September the next one
least a few weeks of markups and now you can kind of start
an up week or a down week or whatever. Um you don't need to
frame and then do all of your analysis here now the way that
between those two candles which means if I load it back to here
go back to just so you don't know you know it's going to be
Just pick a week you know to to to test because that's kind of
I would do this is I would kind of stop on this time frame
why I say yeah at this at the stage make sure you've
testing session. I would kind of just say to myself
that be on demo or an actual you know real account so that's
Obviously just focusing on the London and New York or maybe
two ways in which you can kind of pick a date in in which
to actually low price back to. One would be one way would be
collected plenty of case studies you know you've done at
to refine this and get even more practice so it's kind of
just a London session or whatever session you trade
is the sixth so that means you know there was a weekend in
flatten out price then just you know pick a random day here to
actually kind of start to trade it in a live market whether
kind of come last is because really it's kind of quite
you know how to execute you have a really good idea of it
process or anytime you're testing out a plan it should
simulate market environment you actually know what you're
looking for right and this is kind of just trying to get that
you've seen tons of examples so that when you're now back
if you're kind of being very hardcore would be to kind of
testing like this using bar replay and you're trying to
right I'm going to back test a week's worth of price action.
last little bit of practice in as near as possible before you
testing you need to have a pretty refined and solid plan
that you have a very good understanding of that you know
those daily markups right in the forward testing sort of
quickly right a lot more effectively and efficiently
phase of our testing so that's kind of the main benefit of bat
difficult at this point when you're trying to trying to be
suggested you do bat testing last in the sort of three-stage
obviously for those candles to print in a live market right so
compared to having to just do it in live market kind of with
testing but kind of my opinion and the reason why I've kind of
at a much quicker pace than what we would have to wait
sort of more so execute or practice executing your plan
market environment to then actually test out your plan but
bringing or or reloading I guess you could call it
that means that we can kind of gather experience a lot more
trying to practice that skill set you know as much as
possible trying to how it would be in a live market but with
the obvious massive benefit that we can play price forward
testing process now very simply back testing is simply just
past and then you're essentially playing price
replaying price even back to a certain you know point in the
forward to try and simulate as close as possible to a live
Enjoy.
So in this lesson we're going to go through the back
Can't find what you're looking for?
Get subtitles in any language from opensubtitles.com, and translate them here.