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yo everyone hope you're doing really
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well
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so i'm gonna do a video on
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this au
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trade
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or you know case study and talk on
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lower time frame entries
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and
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basically
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when to wait for
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you know an entry confirmation and
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really getting into the sort of the
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candles once price comes into the
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a higher time frame poi so
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i'm on
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au and this is the hourly time frame now
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i was looking at this trade
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you can see what we had was
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this candle that came down
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which actually broke these lows so more
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specifically this low here
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ranging for you know one two three four
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good five six hours
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we then see momentum down
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new lower low and we have a lower high
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last up close candle this is our supply
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zone
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this is the sort of consolidation range
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that's the last up close candle
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so that's where i want to be
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looking for price to come back into
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and
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to execute on
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you know entries on lower time frames
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okay so we can see a break of structure
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we did tap in here
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but there wasn't really i was looking at
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it but there wasn't really any
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um clear entries for me to take
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and it also didn't come into the 15
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minute area
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price then broke structure again
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um
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but if we
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drop down you can see i've marked on
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that
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you know hourly order block price tapped
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in here
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so what i want to do now is drop to the
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15 minute time frame and
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look at this area so i did refine it to
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that candle there because
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i always say i will refine
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my hourly order blocks when i can see a
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very clear
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reason to actually refine it and you can
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see we have the last up close candle
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before momentum on that candle that
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broke structure
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okay so
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that is where we can refine to
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you can see price didn't really come in
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they just sort of
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literally tapped the low
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and
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broke structure again
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and there wasn't really any entries
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within these areas here or even here
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there was more so used as
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we got a reaction and then
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you know these can be used to
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seek liquidity
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for price to come into a higher area up
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here
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okay so now we've got the refined 15
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minute ob
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we can put that on there and drop to the
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execution time frame
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now i say execution time frame but for
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you that might be the five minute if
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that's the case then you know you can be
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using that
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but for me it's the one minute and
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we can see if i bring that over a little
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bit
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we can see as we always get on the lower
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time frames we have bullish break
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structure because price obviously needs
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to come into that height
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into a higher price to get into a higher
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timeframe area and it's not going to do
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so
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you know performing lower lows and lower
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highs it's going to be putting in
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bullish structure
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so we can see we broke that high
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we range
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we mitigate come back into that range
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and
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we barely come into that last down
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closed candle and if you're refining to
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that inside bar
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then you know you wouldn't be tagged
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into the trade um
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but again we
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we have a new high high higher low we
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range higher high and we don't really
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mitigate these moves on the way up
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so for me that's more for me that's a
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more more of a reason for price to come
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down to seek them lows
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once it's tapped into
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and mitigated the higher time frame area
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okay so
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if we're going to bring price forward
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now using the replay tool we can see
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is this candle where price is now tapped
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into the 15 minute ob
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or the hourly ob refined
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and
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really once price comes in we really
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want to be
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you know
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taking a a close look at each candle
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although it is just one minute candles
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it can tell us a lot so we want to be
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you know really focused and
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looking to see what price is actually
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showing us so at this point here what we
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can see is we have a higher higher
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and
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you know inside inside bar but we have
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the
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lowest point of this pullback so higher
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high higher low high high
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sorry higher high higher low okay we
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broke structure
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the most recent demand
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is you know either this last down close
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last cell before the buy inside bar or
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where the momentum
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before the
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momentum came in sorry couldn't say the
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word
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then but yeah
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that's where the momentum came in that
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broke structure
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you know this is our consolidation
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demand
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and really we want to be looking to see
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if this can be mitigated or um
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violated okay
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so
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we tapped in to
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the
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[Music]
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15 minute ob
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now
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we've
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pushed down
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so at this point here we are still
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bullish
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and
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what we can now see
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is we've actually taken out that high
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and
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what happens next for me is quite
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important
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because is that higher a sig of
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liquidity
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or is it still bullish
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and i'll show you what i mean by that so
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what we can see now is we are ranging
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and
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we have now mitigated this demand
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okay so this is a valid buy
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but what we can see from these previous
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breaks of structure is
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look how
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far
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past the the most recent high higher
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price has gone
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you know quite a way showing momentum
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even here we've pushed away from that
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high
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from here we've pushed away from that
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high and that high
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and same here what we can see from this
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break of the high
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is barely
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broke so when that happens it's more of
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a
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seek of liquidity
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for me because it's taking out the high
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seeking the liquidity from that higher
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and then coming back down retracing
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straight away ranging
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you know there's even
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a form of equal lows within here only
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you know little uh sort of equal lows
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with you know this move and this range
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we seek it tap into demand
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imbalance fair value candle
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we mitigate
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and
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we do go a little bit lower down to the
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low
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which also
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is
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liquidity
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okay so sell side liquidity in the form
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of equal lows
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okay
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so what what does that mean
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well it's a reason it's a um
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more of a reason for price to come down
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to seek that um
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liquidity and one thing i did forget to
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mention
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um
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is
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if we look at the structure what we have
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is
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although that's barely broken it's still
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putting a new higher high
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and then where would the
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most recent higher low go to here
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okay because we put we had a high high
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high low
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we made a new higher high with this
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candle which also seek liquidity
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and we have a new high low which would
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be
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this lowest point here
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as you can see
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most recent
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pullback high high low range
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and
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this move here has broke it but how is
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it done so
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corrective and
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no sort of well nothing to show that
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momentum has changed or shifted down
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okay so we
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we do just wick it we put push back up
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but it's still
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the most recent higher load i want to
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see broken
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and this is the move here that's broke
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it we did break it here but as i just
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said not with momentum and
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you know it's just ranging
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this is the move that initiated out of
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that range
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mitigated
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this demand
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and it's broken structure
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okay
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so
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as we know
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we have
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a valid order block on this candle
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okay so the last buy before the cell
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down broke structure
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this is the area
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where i would be looking to place my
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order
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so on the bottom
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uh
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that's the wrong one okay and
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it's
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when we come to
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talk about stop losses
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you could be factoring in that high
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but
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for me it wouldn't
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really make sense because that was a
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high that took liquidity
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and
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if this is going to come into this area
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and then
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continue down
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it doesn't really need to come up to
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this high again because liquidity has
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already been swept from this little move
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here
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okay that's just my own view so i
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wouldn't really factor in that higher in
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this scenario more so looking just to
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you know to just to um secure the high
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on this order block
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and which would be free pips
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and you can see
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on this candle
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or even
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once we mitigated on this candle the
297
00:10:20,959 --> 00:10:23,440
demand that's when i'd be placing my
298
00:10:23,440 --> 00:10:24,800
order
299
00:10:24,800 --> 00:10:27,600
at the order block okay so just here
300
00:10:27,600 --> 00:10:30,560
free pip stop loss above the order block
301
00:10:30,560 --> 00:10:32,160
it won't make sense to have a two pip
302
00:10:32,160 --> 00:10:34,720
stop loss or even 1.5 because
303
00:10:34,720 --> 00:10:36,240
it doesn't make sense
304
00:10:36,240 --> 00:10:37,839
you're likely to be tagged out you
305
00:10:37,839 --> 00:10:40,320
wouldn't have been in this example but
306
00:10:40,320 --> 00:10:42,880
you know we're not playing with um
307
00:10:42,880 --> 00:10:44,399
we're playing with with facts and if
308
00:10:44,399 --> 00:10:46,640
this is going to continue it shouldn't
309
00:10:46,640 --> 00:10:48,399
really come above this higher
310
00:10:48,399 --> 00:10:49,920
okay
311
00:10:49,920 --> 00:10:51,839
that doesn't mean it it won't because it
312
00:10:51,839 --> 00:10:54,000
will sometimes but you know we're just
313
00:10:54,000 --> 00:10:55,680
playing with
314
00:10:55,680 --> 00:10:57,680
um
315
00:10:57,680 --> 00:11:01,040
sort of facts and
316
00:11:01,040 --> 00:11:03,360
sticking to our plan basically so
317
00:11:03,360 --> 00:11:05,920
tagged into the trade on that candle
318
00:11:05,920 --> 00:11:08,000
and i did not take this trade as i said
319
00:11:08,000 --> 00:11:11,680
but this is how i'll be managing it so
320
00:11:11,680 --> 00:11:14,079
at this point here we have a low and a
321
00:11:14,079 --> 00:11:16,160
lower high okay
322
00:11:16,160 --> 00:11:17,600
this is the
323
00:11:17,600 --> 00:11:20,079
low that i want to be um i want to see
324
00:11:20,079 --> 00:11:21,440
taken out
325
00:11:21,440 --> 00:11:24,959
and which would also sweep liquidity
326
00:11:24,959 --> 00:11:26,560
and we take it there but we don't close
327
00:11:26,560 --> 00:11:28,959
below okay so i'm not taking
328
00:11:28,959 --> 00:11:31,360
my stop-loss yet okay so we've now
329
00:11:31,360 --> 00:11:32,880
closed below
330
00:11:32,880 --> 00:11:36,959
so my stop-loss would be now
331
00:11:37,120 --> 00:11:41,040
just below break even just to um
332
00:11:41,040 --> 00:11:43,519
factor in the the spread or commission
333
00:11:43,519 --> 00:11:44,800
whatever
334
00:11:44,800 --> 00:11:46,640
and we can change that to red so we know
335
00:11:46,640 --> 00:11:49,519
that's the stop loss
336
00:11:49,519 --> 00:11:51,760
okay
337
00:11:51,760 --> 00:11:52,880
so
338
00:11:52,880 --> 00:11:56,079
no risk on the table and
339
00:11:56,079 --> 00:11:58,240
if we look left we have this next sort
340
00:11:58,240 --> 00:12:00,079
of demand area where price is likely to
341
00:12:00,079 --> 00:12:01,839
react to
342
00:12:01,839 --> 00:12:03,920
okay so we can either you know
343
00:12:03,920 --> 00:12:06,000
whichever candle you use if if you even
344
00:12:06,000 --> 00:12:09,680
use the the last cell candle or you know
345
00:12:09,680 --> 00:12:12,079
refine it to this candle
346
00:12:12,079 --> 00:12:14,319
okay
347
00:12:15,760 --> 00:12:17,760
right so price is pushed down now
348
00:12:17,760 --> 00:12:20,560
running around 3.5
349
00:12:20,560 --> 00:12:22,639
okay
350
00:12:22,639 --> 00:12:25,040
and we've now tapped into
351
00:12:25,040 --> 00:12:27,680
that demand
352
00:12:27,680 --> 00:12:29,519
okay so you'll notice how we see a
353
00:12:29,519 --> 00:12:30,959
reaction
354
00:12:30,959 --> 00:12:32,480
which is very
355
00:12:32,480 --> 00:12:33,760
um
356
00:12:33,760 --> 00:12:35,920
common when we're looking at these minor
357
00:12:35,920 --> 00:12:39,680
sort of demand or you know supply areas
358
00:12:39,680 --> 00:12:40,959
we're more than likely always going to
359
00:12:40,959 --> 00:12:43,120
see a reaction because buyers are trying
360
00:12:43,120 --> 00:12:44,959
to hold these levels
361
00:12:44,959 --> 00:12:46,639
these levels here you can see that we
362
00:12:46,639 --> 00:12:50,000
even mitigate and we try and hold
363
00:12:50,000 --> 00:12:51,360
we push up
364
00:12:51,360 --> 00:12:52,880
then supply takes over and the higher
365
00:12:52,880 --> 00:12:55,680
time frames take over
366
00:12:55,680 --> 00:12:58,720
okay and you can see that we do react
367
00:12:58,720 --> 00:13:00,480
we react again and then we push through
368
00:13:00,480 --> 00:13:02,240
it okay look this is
369
00:13:02,240 --> 00:13:03,760
liquidity for me because buyers are
370
00:13:03,760 --> 00:13:05,279
getting in here or they're trying to
371
00:13:05,279 --> 00:13:06,800
hold this level
372
00:13:06,800 --> 00:13:09,040
so once we broke here
373
00:13:09,040 --> 00:13:12,079
you can see we pull back lower low lower
374
00:13:12,079 --> 00:13:14,319
high
375
00:13:14,560 --> 00:13:16,639
okay so now i will be trailing my stop
376
00:13:16,639 --> 00:13:17,680
loss
377
00:13:17,680 --> 00:13:19,519
to that area there
378
00:13:19,519 --> 00:13:21,680
and potentially
379
00:13:21,680 --> 00:13:24,079
scaling in
380
00:13:24,079 --> 00:13:25,600
and
381
00:13:25,600 --> 00:13:27,200
i would be looking at this candle
382
00:13:27,200 --> 00:13:29,600
refined to that candle there
383
00:13:29,600 --> 00:13:31,600
um but for this example we're just going
384
00:13:31,600 --> 00:13:33,760
to focus on this trade and sort of trade
385
00:13:33,760 --> 00:13:34,959
management
386
00:13:34,959 --> 00:13:36,480
and yeah
387
00:13:36,480 --> 00:13:39,519
okay so at this point
388
00:13:39,519 --> 00:13:40,959
running well
389
00:13:40,959 --> 00:13:44,160
4.3 loads of 5.4
390
00:13:44,160 --> 00:13:46,320
we have this area here as the next sort
391
00:13:46,320 --> 00:13:49,519
of minor demand
392
00:13:49,519 --> 00:13:50,720
because you can see that we broke
393
00:13:50,720 --> 00:13:51,839
structure
394
00:13:51,839 --> 00:13:53,519
this is an area where buyers are trying
395
00:13:53,519 --> 00:13:55,920
to hold
396
00:13:56,079 --> 00:13:59,279
you can see reaction
397
00:13:59,360 --> 00:14:02,959
range and we break through it
398
00:14:02,959 --> 00:14:04,959
okay so
399
00:14:04,959 --> 00:14:06,320
for me
400
00:14:06,320 --> 00:14:07,920
once it's broke
401
00:14:07,920 --> 00:14:09,839
lower low lower high lower low lower
402
00:14:09,839 --> 00:14:13,120
high i would be moving my stop loss down
403
00:14:13,120 --> 00:14:14,880
just above that high there
404
00:14:14,880 --> 00:14:16,880
to lock in
405
00:14:16,880 --> 00:14:20,480
4.3 okay
406
00:14:20,639 --> 00:14:22,560
so just literally just following
407
00:14:22,560 --> 00:14:24,320
structure and
408
00:14:24,320 --> 00:14:27,199
the trend down
409
00:14:27,199 --> 00:14:29,360
okay and
410
00:14:29,360 --> 00:14:32,000
the next sort of area would be
411
00:14:32,000 --> 00:14:34,560
obviously this area here
412
00:14:34,560 --> 00:14:35,600
and you can
413
00:14:35,600 --> 00:14:37,440
once the price comes into these levels
414
00:14:37,440 --> 00:14:40,079
you can partial or
415
00:14:40,079 --> 00:14:42,000
either set targets whether that be one
416
00:14:42,000 --> 00:14:43,199
to five
417
00:14:43,199 --> 00:14:44,639
or one to
418
00:14:44,639 --> 00:14:46,160
ten wherever it is
419
00:14:46,160 --> 00:14:48,959
you can set targets um for me i like to
420
00:14:48,959 --> 00:14:50,399
just trail stop loss because there's no
421
00:14:50,399 --> 00:14:52,480
saying that this won't
422
00:14:52,480 --> 00:14:54,399
this price action
423
00:14:54,399 --> 00:14:55,760
you know with lower lows lower highs
424
00:14:55,760 --> 00:15:00,160
won't continue for you know 30r
425
00:15:00,160 --> 00:15:02,320
because it it happened on
426
00:15:02,320 --> 00:15:05,360
you know it does happen like even on
427
00:15:05,360 --> 00:15:07,279
this week on eu and au
428
00:15:07,279 --> 00:15:08,639
i think it was even yesterday on day
429
00:15:08,639 --> 00:15:10,800
before where price just continued you
430
00:15:10,800 --> 00:15:12,560
know and
431
00:15:12,560 --> 00:15:14,399
managing your trade that way you can
432
00:15:14,399 --> 00:15:15,440
bank
433
00:15:15,440 --> 00:15:17,360
whatever you want really if i'm being
434
00:15:17,360 --> 00:15:20,639
honest so that's why i do that okay
435
00:15:20,639 --> 00:15:23,680
because even if you sort of catch three
436
00:15:23,680 --> 00:15:26,399
to four five trades a month
437
00:15:26,399 --> 00:15:27,600
that could be
438
00:15:27,600 --> 00:15:29,360
you know 70
439
00:15:29,360 --> 00:15:31,839
80 100 like
440
00:15:31,839 --> 00:15:33,839
and that is you know obviously crazy for
441
00:15:33,839 --> 00:15:37,120
a month so yeah
442
00:15:37,360 --> 00:15:39,279
okay so carrying on lower low lower
443
00:15:39,279 --> 00:15:43,040
higher stop-loss is here and
444
00:15:43,360 --> 00:15:45,680
you can see we now put in a new lower
445
00:15:45,680 --> 00:15:48,800
low close we've closed below
446
00:15:48,800 --> 00:15:50,079
so
447
00:15:50,079 --> 00:15:52,720
this is when i move into
448
00:15:52,720 --> 00:15:54,320
um
449
00:15:54,320 --> 00:15:55,759
just above the high
450
00:15:55,759 --> 00:15:57,759
to lock in
451
00:15:57,759 --> 00:15:59,360
5.3
452
00:15:59,360 --> 00:16:01,440
okay
453
00:16:01,440 --> 00:16:03,759
and
454
00:16:04,320 --> 00:16:05,920
i would have been tagged out there for
455
00:16:05,920 --> 00:16:08,880
5.3 percent
456
00:16:08,880 --> 00:16:11,360
price didn't um
457
00:16:11,360 --> 00:16:13,839
actually come into this demand
458
00:16:13,839 --> 00:16:15,199
and let me just delete these off because
459
00:16:15,199 --> 00:16:17,040
we don't want to over confuse it
460
00:16:17,040 --> 00:16:19,680
okay we've you can delete that off
461
00:16:19,680 --> 00:16:22,000
okay so that is how i would manage trade
462
00:16:22,000 --> 00:16:26,160
and if we look to see what we had next
463
00:16:26,160 --> 00:16:27,680
is we've pushed
464
00:16:27,680 --> 00:16:30,000
we've now pushed up so
465
00:16:30,000 --> 00:16:32,000
i want to quickly go to the 15
466
00:16:32,000 --> 00:16:35,600
and just zoom right in and look at this
467
00:16:35,600 --> 00:16:39,759
okay so what i can see from this is
468
00:16:39,759 --> 00:16:41,440
this is still bullish
469
00:16:41,440 --> 00:16:42,639
on
470
00:16:42,639 --> 00:16:44,800
the higher time frames or the 15
471
00:16:44,800 --> 00:16:46,320
um
472
00:16:46,320 --> 00:16:47,920
five minutes is still you know putting
473
00:16:47,920 --> 00:16:49,440
in high highs higher lows and this is
474
00:16:49,440 --> 00:16:51,199
just a sort of a pullback
475
00:16:51,199 --> 00:16:55,279
so we have this last candle here
476
00:16:55,279 --> 00:16:56,560
as i'm sure you can see we've broken
477
00:16:56,560 --> 00:16:58,000
structure
478
00:16:58,000 --> 00:16:59,440
although we did
479
00:16:59,440 --> 00:17:02,079
already push up above the high we i
480
00:17:02,079 --> 00:17:05,839
would class this as a break of structure
481
00:17:07,839 --> 00:17:09,919
as you can see price
482
00:17:09,919 --> 00:17:11,839
came into that area and we've broken
483
00:17:11,839 --> 00:17:13,439
structure
484
00:17:13,439 --> 00:17:15,599
so we know that we are
485
00:17:15,599 --> 00:17:17,919
at 15 minutes sort of demand we've
486
00:17:17,919 --> 00:17:19,919
broken structure
487
00:17:19,919 --> 00:17:22,720
and this isn't really a trade i would be
488
00:17:22,720 --> 00:17:24,959
personally looking at
489
00:17:24,959 --> 00:17:27,280
but if i just move that other way
490
00:17:27,280 --> 00:17:29,678
and
491
00:17:29,840 --> 00:17:31,679
so delete this off now
492
00:17:31,679 --> 00:17:33,520
so that first trade was around five
493
00:17:33,520 --> 00:17:35,840
point three percent
494
00:17:35,840 --> 00:17:38,160
so let me just bring that to the side
495
00:17:38,160 --> 00:17:40,240
all we can see is we have
496
00:17:40,240 --> 00:17:41,840
lower low lower high we've broken
497
00:17:41,840 --> 00:17:44,320
structure
498
00:17:44,960 --> 00:17:48,240
okay so we can mark it on
499
00:17:49,200 --> 00:17:52,000
change the color
500
00:17:53,280 --> 00:17:55,520
and
501
00:17:55,520 --> 00:17:57,919
as you can see by now we have
502
00:17:57,919 --> 00:18:01,280
the last cell before the buy
503
00:18:01,280 --> 00:18:04,000
and we can factor in the wick on the
504
00:18:04,000 --> 00:18:05,840
next candle
505
00:18:05,840 --> 00:18:07,840
depends what you want to do
506
00:18:07,840 --> 00:18:10,559
so what we can do is set an entry
507
00:18:10,559 --> 00:18:12,400
i'm not too sure if this is going to win
508
00:18:12,400 --> 00:18:15,360
or lose but
509
00:18:15,360 --> 00:18:17,840
we can put a 2.5 pip stop loss
510
00:18:17,840 --> 00:18:20,080
let me just change that to
511
00:18:20,080 --> 00:18:22,400
that color
512
00:18:22,400 --> 00:18:23,600
and
513
00:18:23,600 --> 00:18:25,280
we can see a breaker structure we
514
00:18:25,280 --> 00:18:30,320
violated the most recent level high and
515
00:18:30,320 --> 00:18:32,960
we can look at the most recent supplier
516
00:18:32,960 --> 00:18:34,640
we can say it's here
517
00:18:34,640 --> 00:18:36,160
but for me the
518
00:18:36,160 --> 00:18:37,520
this is more
519
00:18:37,520 --> 00:18:39,760
significant because it's a clear push
520
00:18:39,760 --> 00:18:40,880
down
521
00:18:40,880 --> 00:18:42,880
we've
522
00:18:42,880 --> 00:18:46,559
failed supply that created demand okay
523
00:18:46,559 --> 00:18:47,760
and
524
00:18:47,760 --> 00:18:49,120
we've obviously left imbalance on this
525
00:18:49,120 --> 00:18:50,160
move here
526
00:18:50,160 --> 00:18:52,240
we have an inside bar which price may
527
00:18:52,240 --> 00:18:54,720
react to not too certain what happens
528
00:18:54,720 --> 00:18:56,720
can't quite remember
529
00:18:56,720 --> 00:18:58,960
but
530
00:18:59,600 --> 00:19:00,559
we
531
00:19:00,559 --> 00:19:02,480
we get filled
532
00:19:02,480 --> 00:19:03,440
on
533
00:19:03,440 --> 00:19:06,400
that candle there
534
00:19:06,880 --> 00:19:11,480
and we push off
535
00:19:11,840 --> 00:19:14,480
okay so
536
00:19:14,480 --> 00:19:17,280
again if i was to be taking this trade i
537
00:19:17,280 --> 00:19:18,960
will be looking
538
00:19:18,960 --> 00:19:21,919
at this area here
539
00:19:22,400 --> 00:19:24,880
because that is the most recent high
540
00:19:24,880 --> 00:19:26,400
so
541
00:19:26,400 --> 00:19:28,480
we break structure we put in a high a
542
00:19:28,480 --> 00:19:29,520
low
543
00:19:29,520 --> 00:19:31,039
high high
544
00:19:31,039 --> 00:19:33,760
higher low we break it we tap in
545
00:19:33,760 --> 00:19:35,919
we get filled on the entry
546
00:19:35,919 --> 00:19:38,080
and that's the high i want to be i want
547
00:19:38,080 --> 00:19:40,000
to see um
548
00:19:40,000 --> 00:19:43,840
taken out but saying that that is a good
549
00:19:43,840 --> 00:19:45,039
four percent
550
00:19:45,039 --> 00:19:47,679
now if we do come to test that high
551
00:19:47,679 --> 00:19:49,520
i don't really want to be giving back
552
00:19:49,520 --> 00:19:50,799
four percent
553
00:19:50,799 --> 00:19:52,480
and then turn into a loss
554
00:19:52,480 --> 00:19:55,120
so once we sort of break this candle
555
00:19:55,120 --> 00:19:56,000
here
556
00:19:56,000 --> 00:19:58,080
and especially with this momentum i'd be
557
00:19:58,080 --> 00:19:59,520
moving to break even
558
00:19:59,520 --> 00:20:01,440
okay
559
00:20:01,440 --> 00:20:03,760
and then we can see what happens next
560
00:20:03,760 --> 00:20:08,158
we come in to fill that candle there and
561
00:20:09,039 --> 00:20:11,039
do we take the higher okay we take the
562
00:20:11,039 --> 00:20:11,919
high
563
00:20:11,919 --> 00:20:15,039
so i'll be moving to
564
00:20:15,120 --> 00:20:17,360
uh
565
00:20:17,360 --> 00:20:20,400
the most recent low
566
00:20:20,400 --> 00:20:22,559
turn it red
567
00:20:22,559 --> 00:20:24,879
and
568
00:20:26,240 --> 00:20:28,320
keep it going running around
569
00:20:28,320 --> 00:20:30,960
seven percent
570
00:20:31,039 --> 00:20:33,360
just go through this quickly we put in
571
00:20:33,360 --> 00:20:35,679
equal highs there so do we come to sweep
572
00:20:35,679 --> 00:20:36,799
that
573
00:20:36,799 --> 00:20:39,440
and we do have a potential scaling trade
574
00:20:39,440 --> 00:20:40,640
but
575
00:20:40,640 --> 00:20:43,520
what's gonna do just pull back deeper
576
00:20:43,520 --> 00:20:45,840
yeah we pull back deeper and
577
00:20:45,840 --> 00:20:48,080
get taken out there
578
00:20:48,080 --> 00:20:50,240
and yeah that's where price is now so i
579
00:20:50,240 --> 00:20:52,320
thought i'll just go through that um
580
00:20:52,320 --> 00:20:53,840
trade like i said i didn't take the
581
00:20:53,840 --> 00:20:57,039
trade but you know it's all
582
00:20:57,039 --> 00:20:59,200
the lower time frames are all stemmed
583
00:20:59,200 --> 00:21:01,280
from the higher time frames picking out
584
00:21:01,280 --> 00:21:03,440
your points of interest
585
00:21:03,440 --> 00:21:05,120
you know imbalances supply and demand
586
00:21:05,120 --> 00:21:07,520
levels refining it down
587
00:21:07,520 --> 00:21:09,200
and
588
00:21:09,200 --> 00:21:10,400
you know this
589
00:21:10,400 --> 00:21:13,280
the sales could have continued down to a
590
00:21:13,280 --> 00:21:15,120
new lower low and then you know you're
591
00:21:15,120 --> 00:21:17,360
in for a great trade if you know lower
592
00:21:17,360 --> 00:21:19,360
timeframe structure is
593
00:21:19,360 --> 00:21:21,039
intact but you know
594
00:21:21,039 --> 00:21:22,400
we don't want to be giving back a lot of
595
00:21:22,400 --> 00:21:23,520
percentage
596
00:21:23,520 --> 00:21:26,640
and we want to sort of bank and
597
00:21:26,640 --> 00:21:28,080
especially looking at the hourly where
598
00:21:28,080 --> 00:21:30,559
we can see we are very low down
599
00:21:30,559 --> 00:21:32,559
you know we started up here
600
00:21:32,559 --> 00:21:33,679
and we are
601
00:21:33,679 --> 00:21:35,440
very low down we have some areas where
602
00:21:35,440 --> 00:21:37,840
price may need to come up back to
603
00:21:37,840 --> 00:21:39,600
um
604
00:21:39,600 --> 00:21:40,799
because you know this isn't going to
605
00:21:40,799 --> 00:21:42,400
continue forever
606
00:21:42,400 --> 00:21:46,480
trending down um
607
00:21:46,559 --> 00:21:48,480
so yeah i thought i'd do that video if
608
00:21:48,480 --> 00:21:50,559
you found it helpful let me know
609
00:21:50,559 --> 00:21:51,760
and
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00:21:51,760 --> 00:21:53,840
any questions you have
611
00:21:53,840 --> 00:21:58,159
hit me up in discord as i always say and
612
00:21:58,159 --> 00:21:59,760
yeah i hope you all have a really good
613
00:21:59,760 --> 00:22:02,760
weekend
39055
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