Original subtitles

So I've just recorded a 20 minute video on this pair. Just

to realise that it didn't record. You know which is

always great. Er but let's do it again. So I've done some

back testing on the weekend on UJ. As I also put on my

Instagram. So we're on USDJPY Audi time frame. I just wanna

go through um this trade that I back tested. Now I don't trade

this pair. But you know I looked at this pair on the

weekend and yeah let's go through it because I think

you'll learn a lot. So previously we had this

impulsive move up and we can see prices come down with these

lower lows and lower highs back to rebalance all of this price

here. Now this entry is one of my go-to setups that I've

traded for a very long time. But obviously you know with

some different um confluences added. Just to up our

probability really. So, let's get into it. So, if we look at

this, we have lower lows and lower highs. We had price made

this lower low here and we had a little pullback in price. So,

this would be the lower high that I would wanna see broken.

Which would then give us a order block which would be the

last down candle. Now, as you know, we can refine it down.

Now, what I'm doing is looking for my hourly bracing

structure. Looking for the order blocks but then I'm

refined on a 15 minute time frame. So let's get into it.

Fifteen minute. We now know we're looking at this to get

long from. So let's go into the fifteen and we can refine it

down this is the last down candle but this would be where

we can refine it down to. Because this is the last is

this is the large impulse that broke structure. Now five

minute, am I looking to refine it even more? No, not

personally because it gets to a stage where can you over

refine? On your order blocks and points of interest.

Definitely. Like you can, if you keep refining down, you're

gonna go from the fifteen, five, three, two minute, one

minute, thirty second, you know, where does it get to

where you say, um okay, this is where I'm looking to get along

from. And you know, stop refining because you can

definitely overrefine which I think a lot of people have or a

few people I've seen are doing But for me I like to keep it

simple. I'm looking at my hourly breaks and structure.

Where's the momentum shifting? Plot on all the blocks then

refine it down on a fifteen. Just like this. So this is

where I'm looking to get along from. If price comes back into

it. Okay? So we can see let me just come out of this.

Take it back to here. You can see off the breaking structure,

price comes back into it. So now we can go to a minute time

frame and look at price. So this is the 15 minute POI.

Okay. Now with this breaking structure coming up you know

imbalance imbalance bit of imbalance imbalance down here

okay? So as we tapped in lower lows and lower highs we tap in

here and we put in this lower low which makes this the most

recent lower high. We then break structure we wick it here

but then we do close with these two wicks here and this would

be the first entry for me. So let me just take these off. And

delete that. I'm also gonna delete this now because we know

where we are in price. This is the 15 minute demand level.

We're looking to get long on breaks and structure. Okay so

the first area is here. So we've broken structure. Now

where would be the entry um or the candle to get along from.

Well we have this little candle here but I wouldn't be looking

to take this because for me again it's too refined and

price could go from here after rebalancing this bit of price

here. So for me I would take the range. So this is a range

in my opinion. We have inside bars. This is the low that made

that low from here. So from this candle to here is a range.

But our would take the last down candle which is here. Uh

my order block because it is the last down candle. We have

this but it's not, you know, of too much interest to me. So,

this is the trade, okay? So, we broke structure, we come back

in, so I'm setting it on the top of the order block, we get

tapped in here. Stop loss for me would wouldn't be a two pips

because that is choking the trade in my opinion. For my

personality I'd rather have it at 2.5 down here. And you can

see the trade lost. So does that mean that this was a bad

trade? Definitely not. It's a great trade. It just didn't

play out. I think the the misconception with smart money

is you always need to know and in some cases this is true. You

do need to know the why of price action of course. But if

you take a loss, you shouldn't really be thinking, oh, why did

that not play out? Did I miss something? Did I miss an order

block? Or a bit of imbalance? In some ways, I don't really

agree with that because smart money, no matter what form of

smart money you're trading, you're always gonna take

losses. You just can't avoid it. I don't care what anyone

says. They're always gonna be there. So, you can take the

best trade ever you know smart money the best trade best setup

and it will it will still lose sometimes you will still get a

you know trades that lose that's just how trading is so

although this um trade you know meets my plan this for me is a

higher prop setup and it's one I would take every day of the

week. It's still lost. Now I'm not sitting there thinking oh

maybe maybe that breaking structure wasn't too

convincing. Maybe, you know, it wasn't actually a good setup.

When really it was, I would take this every day of the

week. Um it just lost. So, now that we've taken a loss on that

trade, a lot of people would then miss these next upcoming

trades. Ultimately would bank a lot of percentage. So I'm just

gonna take it back. So we've taken the loss. We know where

we are. We're we're at a 15 minute demand. We're now

putting this new lower low in the 1 minute time frame. After

breaking structure here. Now this was probably just you know

grabbing liquidity. You can see we tap back in to rebalance a

bit of this price here. We put in a lower low. Now for me the

lower high would be either this candle or this candle. If we

also look left we have an imbalance from this wick to

this week that was left. You can see price comes down to

mitigate perfectly. We tap below it ever so slightly which

was likely reacting to a POI here. We then momentously break

structure with this candle which also leaves imbalance

from this wick to this wick. Now with imbalances um as you

know we trade them as extra confluence. I don't recommend

trading off of the imbalance because it won't work out for

you. We we need to just use them as extra confluence. So

what does that mean? Well now we've broken structure again.

Yeah. We can take this candle here. Now for me I would take

this candle as opposed to not taking this one because this is

larger and you can clearly see the momentum came in on the

next candle. So this is it makes sense. We also have

imbalance. So we have imbalance just above the order block

which you know gives X your confirmation or confluence that

we're gonna tap in from here and then continue up which is

what we've done. So Again we can set our entry at the top of

the order block. Now as you already know with 1 minute

entries or 1 minute order blocks I'm setting an entry on

the top of the order block. So the top of a bullish order

block and the bottom of a bearish order block. Now there

will be variations. If the order block is say this order

block is you know a as wide as that. If I can't put my stop

loss at the top with with my stop loss below if it if it

needs to be more than uh really three pips. Then I'll be

looking at the EQ. Just so I can get in with my stop loss.

No more than three pips. So you know ultimately I'm I am most

cases we can we can get in with with you know the the little

order block and we can get the stop loss you know tight with

you know still room to breathe. But in that example I would

change it to the EQ. So back to the trade we broke structure

last down candle before momentum we tap in rebalance

this inefficiency tap into the order block and this is the

second trade which would have run for you know eleven to

twelve uh um I think even a bit more. But most traders would

miss this trade because you know their emotions kick in

after taking a loss here. They're thinking uh why did

that lose? How was that loss? That's a trade. But you know

it's just part of the game. They then miss the next two.

There's there's another trade here. They then miss it due to

you know their emotions. Cos you need to think we're still

within the 15 minute POI which is here. So we we can still

look for trades even after taking a loss. Which I think

most people sort of don't really understand because they

take a loss and they think oh the trade is going lower now.

The this is it. This this is the trade is gone. I've taken

the last move on. But really you need to come back to um

think of what is price doing. We're still breaking structure.

So we broke structure here. Imbalance, order block,

mitigation, continuation, breaking structure. Now if you

didn't take this trade here then this is the next um

opportunity here. So break structure again momentously.

Now you're probably thinking where would be the entry point

because we have this candle here as an entry or the order

block or the second order block which is down here where would

we get involved? Now for me and what I've tested is I would

always take the extreme. So what is the extreme? Well it

would be the lower order block. So down here. This is the one I

would take over this higher one. Now the reason being is

it's just what I've had more um success with. Sorry excuse me.

If price was to come down to this order block here and then

go from here then you know II really couldn't care too much

because I've stuck to my plan this is what I'm waiting for if

it just doesn't come into this area and goes from here then

once we break structure that's it we take the order off and

it's just a trade that didn't get triggered and there's

there's not much more to it really. As long as long as you

your plan and and stick to what you've found in your testing.

You know you're gonna succeed. Like this if if you take these

these entries here the higher one then that's great. Just

because I take these ones doesn't mean you need to. Just

stick to what you what your data shows and your um training

plan. And stick to it. For me I would wait for this one. Um

because it's just what I've seen you know um be more

successful. So This is the last down candle before the breaking

structure. We can then refine it down to this candle here.

You can see price tapped in. We also do have imbalance. So we

have imbalance from this week to this week. Also imbalance

from this week. Down to this week. Okay? So imbalances just

add confluence. We're not trading then we're just adding

confluence. And then you can see so this is the first trade

or this this is the first trade. 1% loss. Second trade

you know you're looking at ten minimum R. Third trade again

ten minimum R. Er and this is what we what we call order flow

so we're breaking structure mitigating we're not trading

below um the higher lows as you can see we come down to test it

but we don't really close and then you can see as price is

now efficient and essentially transactions have now been

completed large banks are getting in here this is when

momentum kicks in and yeah this is how it played out. Now

obviously I'm not trading this pair but I think I wanted to

through this trade because I think you'll learn a lot from

it. Um again, if you take losses on the first trade,

don't get emotional. Realize it's part of the game and just

look to see what price is doing. Is there more entries to

be taken? Look left. What are we tapping into? Where's the

liquidity? Um where's the order blocks, manipulation,

imbalances, you know, stack all the confluences and take the

trades. That's the trailer I wanted to cover. If you have

any questions on it um please feel free to message me in

discord over you know private DM and yeah if you let if you

took value from this video let me know and I hope you all have

a really good week and yeah let's smash it in the markets.

Let's try and beat last week. Which you know it's probably

gonna be hard to do because it was a great week but let's have

a great week nonetheless and yeah I'll speak to you on

Discord.