Original subtitles

Hey what's going on everyone? Hope you're all doing well. So

I'm gonna get into er this trade on AUD USD. From this

week um a mistrade and a trade I did take. So let's get into

it. So firstly if I just take it back to around this first

entry here. Now the clear basics we can we can identify

from price as we broke structure. And you know we're

putting in these high highs and high lows um on the way up So

at this point here we had AA high high around this area.

Price pull back and we've broke structure above this high here.

So once we've got this new high high we have the last down

candle which you you could be looking at this candle here as

a point of reference. But I wouldn't be because if we just

put this on the actual higher which would be this point here

you can see the the structure um the price that caused the

the structure break started from down here then we broke

had a little candle little a little wick and then we

actually showed more momentum so this is clearly where um

price started which caused the break of this high here okay so

as we know we take the last down candle which is there and

this is our higher low and our order block. You can see price

tapped in. So at this point here I dropped to the one

minute. And we had a huge momentum down. Price then

retraced and at this point in here we're building um

liquidity you know at these lows here we do have equal

lows. We have 123 and you know we we have a lot of liquidity

below this and below this low and this wick. Okay so it was

clearly obvious that price was gonna come down take liquidity.

Tap into the point of interest and then go along from there.

So once we got that that's that that to me is a clear of

liquidity. So anyone getting long from here has been taken

out. Okay?

If we just point on this this move here is the is the bit of

price that made a new lower low so this is the lower high that

I would wanna see broken but I was looking at this uh price

action here as you know more liquidity so a bit of trend

line liquidity but I wouldn't be looking at this to get along

because price hasn't broken any structure. It has. It's broken

this structure but in the form of um building liquidity and

you know all these moves are mitigated. No imbalances. And

it's just AA corrective move. So so for me I was looking for

this to come down for a second time. Potentially to this area

here and then a breaking structure from there. But if we

did get a push down and then a breaking structure I would be

looking at that to get long which is what we got but I did

miss the trade as I've said um but let's see what happens. So

at this point here this is grabbing liquidity from anyone

looking to get long. And I did think that this was gonna

continue. I said to one of my um members and a good friend I

thought this was gonna come down to all these areas here.

Um But we didn't. We did then break structure. As you can

see. So why would this be valid for me? I'll just take it back.

Where's the So it's here. Surprise pushed down below this

low and below this low here. We then pushed back up and we

broke structure. So if I just zoom in you can see we've

broken that structure, okay? Put it on there. And not with

this candle but you can see we had momentum. A little pullback

and then we actually broke. So this is a valid breaking

structure for me. As we've also again taken liquidity. You

could say that this even is equal lows with this wick. We

swept it and then we stroke momentum. We've left a bit

imbalance on this candle. Now this candle could be refined on

a thirty second. Um which I would potentially look at but

if I was at the charts at this time then I would be sizing up

this trade and as you can see it would be 3.6 which it is too

large for me so I would either be looking at the EQ or refine

it down on a 32nd or a fifteen second. So what we can see from

here is we have this last down candle. We do have a wick. So

if I just go to a fifteen and you see we have this down here

but I will still be looking at this last down candle because

for me price doesn't really need to come all the way back

down to this little candle before going. So I would be

looking at this as my entry.

And you can see okay so I forgot to put the order on so

the order would be here and one point five. You could get away

with 1.4 but for me I would be using around two pips. Just to

give it a little bit of room for spiking. So quickly go back

on that. So We came down, broke this low, broke this low

liquidity, broke structure, not with this candle but with this

candle, imbalance was left. As this order block is quite

large, we can refine it on a thirty second. 32nd time frame,

last down candle. You can clearly see that imbalance.

Okay, broken structure, mitigation, and then we're

we're anticipating continuation.

So we've been tagged into the trade. Now this is clean. This

this looks clean to me. So let's just recap it okay. Now I

know the hourly has already moved off. But we've broken

structure. Now this is this for me this setup is my bread and

butter and it's something that I would trade every day. Like

this is the my favourite type of setup really. Clear breaking

structure. Higher higher. New higher low. Last down candle.

Price come vacuum. Rebalance this inefficiency

inefficiencies here. We whipped in. We've had um a build up of

like a range um mitigation.

Yeah rebalance of price so we can then drop down Okay so one

thing I've got to mention also on the hourly this is our order

block as you can see. Now we can refine it down. Now I know

this is in hindsight but this is you know it's proof of how

the market's a fractal and how it respects you know where the

momentum's come in. So where could we refine it down to?

Well for me this is where the momentum came in this candle

here because we had a wick on this candle these two candles

are within that wick so this is the last candle before the

momentum and surprise surprise price wicked in mitigated and

then it respected it okay now would I still take this trade

if price didn't come in let's say price came well in this

example the hourly order block is below but if price if we had

an order block say up here which was our hourly order

block and price came in but didn't come into the fifteen

then I would still take the trade because it hasn't got to

come into this little 15 minute candle. It it's likely it will

but it hasn't got to okay. So yeah this is the trade. We've

been tapped in and let's see how it plays out. First target

is gonna be at a minimum the highest here cuz we we may see

a reaction. Now the management is completely your decision.

But if you it's wise we have this area where price may react

to from here because we had a large impulsive move. So either

partial in or setting a target here or trading stop loss under

these structural points is you know it's it's it is wise. So

you know as we break in structures we can manage under

these under these er lows here. And we can partial our trade.

Once we break structure we can partial to cover our risk and

just let the trade play out and then you would have been tagged

out on this low here. Priced in. Came all the way back. As

you can see candle up. Full retrace back.

Back to the hourly. We haven't fully mitigated or we haven't

come to the EQ of this order block. So this is still valid

to go along. Cos you can see we then tap in. So we're we're

still at that area on the hourly. So we're still bullish.

So the five minute.

Tchau

basically we've come back in, we've retraced back in,

mitigated the EQ of the Audi order block. We put in this new

low. So we have a lower high here. Price broke structure.

Okay so zooming in. We've broken structure. A nice clear

move. Okay so last down candles here. Last down candle before

the breaking structure. So I've marked that on and then

refining down on the one. Okay? So, I actually took this candle

here because this is the candle that for me would would be

likely to be mitigated before this move is gonna continue.

Not this tiny little candle down here. Okay? So,

So let me just put that on. So this candle here is the one I

used. Okay so we're broken structure. This is a refinement

of the 5 minute breaking structure. Okay.

Now my stop loss was two pips.

O

a

hum

Let's go through it.

Now what I've been doing recently is managing on 1

minute sort of um structure points. So we broke structure

here. Um managing at this low pullback break structure.

Managing at this low.

Breaking structure managing at the low. Broken structure

again. At this at this point here I'm more aggressive. I was

at this low here cos we've had a little consolidation then we

broke structure. Um but I am just below the low because I

was seeing this as you know price will need to potentially

mitigate for continuing. Um but let's just continue. That's a

stop loss. I know I'm going through this pretty quick but

you know you can I don't wanna waffle on you. You know um sort

of what's what's going on here. We just wanna manage with the

the structure points until we get taken out. So at this point

here I'm now I had my stop loss around these lows here. Just

below. And taken out there. So taking out for thirteen R.

Fifteen minute. Now you can set targets at these highs. But I

don't usually set targets um because there's no saying that

this can't keep going. And we can be in for like a forty,

fifty, hundred or whatever it may be. Um and especially if we

start managing on the hourly. Or fifteen. Um but yeah that's

the trade. Um

a

for a day's work and a few hours you know you're looking

good. So that's the trade. As always if you have any

questions let me know in discord and I hope you all have

a good Friday and a good weekend.