All language subtitles for 7_biubimoasdansaa

actually get into the
accumulations and the

market structure of what we're
going to be seeing now let's

is perfect but when you
actually get into the charts

like this then the next one is
minute and it goes back up like

start to know what's going on
so we've understood the basic

distribution schematics that we
start to see anyways guys take

be as easy as that but of
course when you start to see an

you're not going to get the
perfect U shape of volume that

quite difficult to actually
spot this sometimes because

understand that you've got to
use it at at an effective point

because what you might get is
something like one crazy candle

look like it's doing a of wipe
off and you might see some kind

this is where we will use
wicoschematics. Here it should,

it would be a distribution
schematic that we would look

action that we could actually
enter off price may start to

of interest because that will
only make sense then So yeah,

we're describing because you
know learning all the content

it comes to volume, one last
thing about it, the volume

for sales. So yeah guys, that's
it for the introduction. When

indication this happening
that's when you know plus your

indicator that we start to look
at in the divergence, it's

back and that's the importance
of understanding you can't use

a wipe off schematic everywhere
here you've just got to

see a break up retracement down
and now you're moving up what

another order block that
appears and then you start to

you may not see this too often
and it may be hard to predict

then we put the volume
indicator on as well. Now this

idea that you've got break off
structure down that's when you

change of trend in the near
future. Divergences between

that takes over above the last
one so it's it's not going to

now we're going to sell. So a
bit more into the law of effort

see a spike in volume and
eventually it increases as

You're going to get so as price
moves for example you might be

structure or the change of
trend that's when we start to

on the downtrend that's one
order block that appears

price starts to consolidate for
a bit. Then as soon you start

should use Wykov is at an
effective point of interest

price continues. An important
note on this. In the strategy

into that point of interest.
And then enters a

of breaker structure and it's
very short term soon as it hits

maybe a shorter term or the
block it just reverses straight

on the one minute possibly on
even on the 15 minute. What we

going to get a lot of is this.

middle of this liquidity void
where there's no real price

consolidation. So as you can
see or the buying pressure

you might start to see is in
the middle of price so in the

see is the effort from the buys
decreases as price slows down

starts to get soaked up. It
reduces reduces reduces as

rather than at any point in the
chart. Because what you're

to see the spike down and what
we would consider that break of

that I'm going to be teaching
you the only time that you

will see buy volume reduce then
eventually volume for sales

for a distribution when we
reach the point of interest and

will increase showing a shift
in trend and of course this is

and divergences. So imagine
we're looking at Euro USD and

is on the lower time frame. So
this could be on the 5 minute

course this is an extra
confirmation. Then you've got

volume and price often signal a
change in trend for change in

our whole plan does not revolve
around Wykov. I'm telling you

the direction of a particular
price trend. So meaning you

market structure is way more
important than Wykov but of

to understand the extent of
this. Um this is usually used

understand. Cos at the end of
the day there's certain points

of Wykov that we actually
incorporate into our plan. Um

too necessary for us to really
go in depth into this law to

on stock markets. Not too
relevant for Forex so it's not

potential extent of the move.
Um and When I was doing my

you've got the law of cause and
effect. So it looks at the

research on Wykoff it said use
a point and figure count chart

the law of F so it provides an
early warning of a possible

time. Which is what we're
going to be looking at. Then

price rises. When supply is
greater than demand, price is

win in every trade of course
they want to come out on top so

funds for example not every
single one of them is going to

supply and demand by comparing
price and volume bars over

one entity. Then the laws.
First law is the law of supply

full. The trader and analyst
can study the balance between

and demand. So that's when
demand is greater than supply,

yeah that it's quite simple
which is understanding it as

got the massive institutions
and then you've got the hedge

help you think you know how
does the composite man actually

out of the trade for example
how because you you know you've

deal with all the liquidity how
does he knock retail traders

same time with him. Now
obviously this is quite a

he leaves in the market so we
can get into the trades at the

get to understand his movements
and understand his traces that

theoretical approach to the
market you know just thinking

that it's just one entity that
controls it but it really does

direction us adding into his
own orders. Wykov helps us to

marketplace. He triggers
traders into the wrong

the composite man what is it?
Essentially it's a theoretical

explained it as is rather than
thinking thinking of it as you

the operator who causes all the
interactions in the

man who controls the
marketplace. So what he

know a whole group of
institutions and banks or

anything. Think of it as one
entity. The composite man is

accumulations and distributions
in terms of volume as well. So

that are involved with Wykoff.
So the main the main laws that

man that he describes and then
getting a bit into

Wykoff, we're actually going to
be looking at some of the laws

that we're going to be looking
at the idea of the composite

we're going to be looking at
are these three laws up here

Yes, hello everyone. Welcome to
the next video. So now that

we've just been introduced to
market cycles and a bit about

care and I'll see you in the
next video