Original subtitles

Oh no it's fine okay alright it's good that's good okay

candle trends candle trends are mostly noticeable in trending

markets it's obviously right whenever you're looking at the

charts you're only looking at to see that okay is the market

trending or not so candle trends are most noticeable in a

trending market what this basically means is that a

candle trend will either start from a support or resistance

you know either candles are going to start moving bullish

from supports or they'll start moving bearish from resistances

best form of confirmation is on the 30 -minute and higher time

frames guys tattoo this on your hand forehead write it down a

sticky note paste it on the computer or whatever but the

best form of confirmation is on the 30 -minute time frames and

higher you know if the trend is bearish or there is a

confirmation at retest, candles will make lower lows and lower

highs. You know, whenever price reaches a resistance and you

have a candle closing bearish, there's a very high chance

candles will make lower lows and lower highs. In the same

way, if the trend is bullish or there's a confirmation at

support, candles will make higher highs and higher lows.

This is extremely important concept. Extremely, extremely

important concept. Right? So candle trends. Every trade

every trade from here on that you will focus on is going to

be based on a trending candles. You know when candles are

making high highs and higher lows or when candles are making

lower highs and lower lows. There will be no instant where

you will be taking a trade when candles are consolidating. You

know it just makes no sense because we're here to make

money and for you to put yourself in the best position

to make money or win trades is to focus on candles this is

really important so this is an example of a trending candle

right you have bearish candle let's say it's that resistance

and now you want the next one to make a lower high and a

lower low so this is your trading candle right some

people say that hey we're going to wait for this

confirmation man this is your confirmation right here this

candle closing is your confirmation right here this if

this is on a 30 -minute or a one hour time frame this is

your saying that there's a very high chance for a next candle

to continue moving bearish right in the same way when

we're talking about bullish candles this is what we're

talking about right here now when candles is closing bullish

this is maybe maybe let's say this is your support after like

a bearish candle this is your confirmation now this means if

this happens on the 30-minute or the 1 hour you know that

there's a very high chance that the next candle is going to go

bullish and that will be your trading candle right? That will

be your trading candle. Um for candles not to trend, we look

at something like this. If you see that this candle is

bearish, you want the next candle to also go bearish,

right? But let's say if you put your stop up over here, next

candle goes bullish, it stops you out. Oh well, that's okay

because you managed your risk. You know, this is why having a

stop loss is really really really important. If you don't

use stop losses and if you let trades run, man, they will go

in a down and you will not feel good. Trust me on that. I've

been there and it's not a good feeling at all. In the same way

when we're looking at candles going bullish you want the next

candle to form a higher high and a higher low. But sometimes

the probability is not in your favourite and that's totally

okay. You know sometimes you know guys take it very very

personal. They're like hey man I had a buy and I expected

candle to make a higher highs and higher lows and how come

it's it it when bear should stalk me out. It is what it is.

You know, it's it's a probability game. You know,

there's a very high probability, price will

continue moving bullish and there's a low probability,

price will go bearish and sometimes you're going to be at

the end of the low probability stick. You know, you might get,

you will get stopped out and and that's going to happen less

of the time, less time. You will get stopped out. You know,

so the only thing we control at that point is your risk. Like,

what sort of a risk are you using today? Um so let's

continue on over here and oh so when candles are trending this

is like take a picture of this write it down somewhere this is

really really this is simple concept which is really

important when candles are trending they must respect the

highs in a bearish trend they must respect the lows in a

bullish trend and what I mean by this is the candles

themselves they should respect the highs and the lows I have a

question here. What if you get a bullish candle, bullish

candle closed at support, okay? But the four hour is bearish

and the daily is bearish, do you still take the trade? No,

you look for what the lower time frame candle saying. If

the four hour candle is closing at support, you can't take a

sell because it's at support. You can't take a buy because

candle is bearish. Make sense? You either want that support to

be broken and make a low and then take a trade or you want,

yeah, so we're going to go over those examples here now. Man,

you guys need to relax with the questions.

I'm pretty sure I'm pretty sure some questions you had which I

didn't answer they were answered in the last slides you

know so so we're going to so we're going to answer

everything man don't worry don't worry alright awesome so

every chart that we're going to look at here is either going to

be a a a four hour chart or it's going to be a one hour

chart. Right? So the confirmations are going to be

based on the four hour or the one hour chart. So basically

what's happening right now here. Right? First of all what

we see is that trend is bearish right trend is bearish but at

the same time we are creating some sort of a support down

here and it looks like we have a bullish candle so it may be

forming another support right over here right now I want some

some I want some interaction here. Now when we're looking at

these candles is this is this a good time to buy right now?

People are saying no okay the stock is going to be too big

this is this is not a good time to buy right now but if because

the only reason is that price is moving bullish we need price

is moving let's see here so basically what's happening is

price is moving like this you need a retracement to happen

right over here so you can take a buy and then price can go up

you know but the important thing is that there is clean

traffic to the left you see this candle closed above these

candles and you have clean traffic till over here so maybe

this is going to be an area where price might head off to

you know if it was to go up so so let's see if we get some

confirmations here we have a candle closing like a small

bullish candle like this right let's see what the next candle

does next candles closing like a like a bearish candle like

this there's still there's still no trade there's no

confirmation and now we have a candle closing like this right

So, would this be a good position to take a buy?

And and even if someone someone would say okay the range is

small some people would say I might take a buy but but but

the range is small so let's talk about biases right what's

what's the probability that price is going to go up rather

than down you know the probability is really really

high the price is going to go up you know so so when you're

starting as a new trader right you're you're basically paper

trading right you're just looking to see that okay what's

the probability of price going up or down so this is when

someone said that hey the higher time frame is bearish

coming down but the lower time frame is telling us that

there's an opportunity for price to continue going up so

so so this is what we're saying someone said there's a 63. 756%

chance price to go up you know so that's pretty good now the

bias is bullish right even though someone's taking trades

someone's not taking trades someone is just anticipating

honestly when there's the when we have the New York sessions

more than half of the time I'm just anticipating trades. I'm

anticipating that price is going to move a certain way.

Right? So let's see what happens here. So so if let's

say you're taking a trade or you're anticipating a trade

it's very clear since what we've learned so far that a

stop is going to be down over here. Right so let's see what

happens here. Um next candle goes up. Perfect. You know the

the bias was right. We waited for these candles to close and

price went up. So now if we had our stop loss down over here.

Now we're moving a stop up over here. Right and then we look

next and then we have a bearish candle forming like this right

we have a bearish candle forming like this with no wick

at the bottom so when a candle is closing bearish with no wick

at the bottom this means there's no range for the next

candle to go down right and it also doesn't it also seem like

that is doing some sort of a some sort of a retest here in

this zone right like it's not exact zone but it's like a

ballpark zone there so see what happens next here that

continues to go up and you know it just starts ranging then.

You know so maybe this move up was market open. This was

volume push and then market start to range. You see how you

had volume, volume, then range then volume then kind of like

range here then volume and range. This is how price moves.

Price will move with with volume and then there's

going to be some sort of a range. When there whenever

there's a range you will see some sort of confirmation

within that range that okay we might start moving up now. So

when price was when price was ranging over here this was your

confirmation that okay we might move start moving up some took

the trade some took a some took a paper trade some waited why

did the top of the wicks not put you off please oh we didn't

take a trade this was just anticipating every example that

we're going to do here we're just anticipating trades right

step one to being profitable is to anticipate trades when you

can trades long enough then you start executing on those trades

because your confidence is up because now so for example I've

been looking at US 30 for about a month month now right I've

been anticipating moves on US 30 and I think from June I'm

going to start executing on on US 30 so you know that's

important why isn't first pull back after bottom of page a

retest what why isn't first pull back after bottom of page

a retest I don't understand I understand what that question

means so maybe this was a retest here like we just

anticipating trades we just anticipating so just to keep it

simple we're just seeing if price is going to go up or down

just so that we know if we are right or wrong alright let's go

to an example here okay so what's happening at this point

What's the number one thing we see? We see we see prices

ranging. Someone said dog **** that's that's also good. Um but

first of all what we see is this candle. Then we see this

candle and then we see this candle. Right? So looking at

these three candles can't we see that a support has been

formed? Yeah support has been formed right? So we have a

support form right over here. Support formed and then we have

some sort of a resistance forming over here too. So at

this point we cannot take a trade because I mean it's just

very hard to take a trade you know because we are in a small

range. But also it's rejecting down here so we need some

confirmations. Now we have a candle going up into this

level. It's at a minor resistance. We can't take a buy

because it's at a minor resistance. We can't take a

sell because candle is bullish. Right? So now we have another

candle looking like this and now we have another candle

looking like this and then we have a candle closing above

this area right so let's say for example for example now we

have this range here let's say this range was 50 pips would

this be a good opportunity take a buy Someone said hell yeah.

You know but but if this if this range was 20 pips then it

would be very difficult to take a buy because someone would say

okay hey since we don't have prices to the left so we don't

know we don't know how big the range is but hypothetically

speaking if this was a small range we would anticipate price

going up but we wouldn't take a buy. If this was a bigger range

a fifty pip range then someone could say okay well you know we

are this was a minor resistance price respected here price

rejected rejected this this candle closed above all the

candles to the left and we have ample range over here so this

could be a better opportunity take a buy yeah so if this was

a bigger range what time is it we don't know what time is it

so so every example which we're going to look at here it's

going to be a time when there's volume in the market right it

could be New York open London open, Asian open. This is

going to be volume in the market. Right? So let's see

here. So yeah perfect. Next candle went up. This was

perfect because this candle closed above the highs and you

know if you had a if you had a stop so so far by now I expect

everybody to know where your stop loss is going to be. It's

going to if you're looking for buys it's going to be be below

a bullish candle. One what some people do is they put the stop

right at the wick. That's wrong. The reason why it's

wrong is because the spread can take you out if price comes

down the spread can take you out so always have it a couple

pips below the candle yes so let's see what happens to the

next candle here and oh yeah next continues to move up so if

you are trailing your stops right let's say you had to stop

down over here then you move your stop below the low of the

candle because you know you're a smart trader and you're

you're trailing your stops below the lows of the candles

if you're in bias and then since you're doing that the

next candle just shoots up and you're like oh perfect I had a

nice trade here which broke a dynamic entry possibly at

bottom of range may be advanced entry yes so far if you are new

I don't expect you guys to use use ah dynamic trades dynamic

risk none of that I expect everyone to use ah simple

simple basic ah simple basic static risk ah Krish Krish said

the right thing let the runner run perfect you know so you put

stops at break even once price came up here you took profits

it's at resistance. We don't know. So whenever price reaches

a resistance and you're in a trade write this down please.

Um whenever price reaches a resistance and we're in a trade

we don't know whether price is going to break it or not. We

don't know that. You know so it's it's it's always good

practice to secure profits. If you have or if you want to

leave a runner put a runner at break even and if it continues

on that runner is going to be your it's going to be a golden

trade. You know at the same time if price reaches a support

and you're in a sell we don't know if it's going to break

support or not. We need to secure profits. Can we place

more risk there or is it a bad idea reaching a resistance.

It's a very bad idea reaching a resistance and taking a trade.

Don't do that. We don't do that. Um if you are if you are

new then you do that but it's a best practice not to do that.

We already talked about this. When price is moving up we

don't take buys. We wait for price to come down or create

like a support or whatever and then we take a buy. So how long

is this webinar going to be Raja? I think we're going to go

for another hour. So if you want to leave that's fine. It's

going to be recorded anyway. I'm going to place it in the

drive maybe by tonight or tomorrow morning. Um all right.

Let's take a look at next example here. Awesome. So

what's what's what's the bias here? When you look at this

what's the bias? Everyone saying bearish is saying

downtrend right? So so when we have a when we have a downtrend

we wait for some sort of we wait for some sort of a

resistance to be farming. Right? So the first thing

first. First thing is we see prices dropping. You know so if

prices dropping you don't want to take a sell here. The

number one mistake people make is when prices dropping they

take sells. You want some sort of like you know you want some

sort of a like a like a retracement to happen and then

you want to take a sell. You know so first things first.

First thing is we need to identify our zone. You know the

first zone is going to be maybe right over here. Right? Because

price broke down created a resistance and then it went

down. So whenever price is falling down also write this

down too. Whenever price is falling down it's falling down

from a resistance. So you need to mark a resistance. You know

whenever price is moving up it's moving up from a support.

So in the same way we have a support right over here.

Because price is moving up. You know from here price is moving

down so we have a resistance right over here. So let's see

what happens here next. Price is moving down, there's no

trade, we don't know what's going to happen, right? So,

we're still, we're still waiting here. Now, we have a

candle forming like this like a doji candle. There's obviously

there's no trade. Since what we've learned so far, there's

no trade right now. Now, we have a candle moving bullish,

right? Now, can we take a buyer to sell? I don't think so it's

going to get pretty difficult because you know, you have a

range right over there. So, we have to wait a little bit. Um

okay we have a candle moving up now so you know we just it

moved up so you know we were looking for sell so we're still

weighing here a little bit price is still moving bullish

now notice how notice how price broke above this area and it

came up to this previous support right it came up this

previous support it created a low also another thing to note

is whenever price is trending down it will create a low

whenever a low is formed there's going to be a

retracement and then there's going to be a very high

probability that price will retest that low whenever price

will retest that low that's the trade I'm willing to trade you

know that's the confirmation I'm willing to take so when we

look at the next see what happens here. Next we have a

resistance forming. Right? So now there will be two groups of

people. One group will say sell it. Then another group will say

wait for some sort of some sort of a confirmation. This is your

confirmation. This is if this is a one hour time frame or if

this is a 30 -minute time frame this is the confirmation you

are looking for because when the next you need to understand

this guys whenever are moving. Candles are moving with

billions of dollars. You know every every pip moved in a

candle is billions and billions of dollars. We're just trading

a candle with scratching the surface. So if you're trying to

take a sell over here everybody know by now that your stop is

going to be above the bearish candle and you're anticipating

the next candle to respect that high and continue moving

bearish like this. You know and at this point you're probably

securing profits or you're putting stops at Rick even but

but ultimately you want price to continue down to retest this

low right so if you look at there price does come down and

we start moving further down so so when price came down to this

support this is where you are securing you're securing right

over here right because we don't know whether price is

going to continue moving down or not so that's why you're

leaving a runner runner running you're trailing your stops and

you're leaving a runner running you're leaving a portion of

your run so to speak that okay if that position keeps on

running I want the most out of that so then you know like it

starts it starts moving down you're like oh perfect my

runner kept on running so I had a good trade why the price went

down instead of moving up I don't know if that's a serious

question or not but I think that's not a serious question.

I hope that's not a serious question. Um so would this be

valid enough confirmation on 30 minute time frame? Yes. Yes.

Based on what I've seen based on what I've traded. Whenever

that happens there's a very there's a very high chance that

this will continue on. You know so the reason why price moved

bearish was we don't know whether price where price is

going to go to be honest. We don't know that. All all what

we do know is that a resistance has been formed. So there's a

high probability that price will go down. We don't know why

it's going to go down. We just know based on probability that

it should go down. Man, it could've it could have gone up

too. Look at this. It could have gone up like the next

candle could have gone up let's say after

this one right if we had this candle man the next candle

could have gone up where is my candle man come on come on zoom

cooperate with me here next candle could have gone like

this but for this to happen there's a low probability for

this to happen you know we just go off of based of a higher

time frame like what's the highest probability you know so

when you had that candle close you're like okay there's a

higher probability that the next candle is going to go down

and we execute based on probabilities Raja time a

candle is formed we move the stop loss of the runner correct

yes yes exactly so alright let's take a look at the next

example here Because everyday is not sunshine and rainbows.

Alright now we have this scenario right over here right

what's it's I think this is a this is a harder example than

the previous ones yeah it's very hard it's very hard the

first thing you see is that candles are moving bearish

right that's the first thing you see candles are moving

bearish which means that we have some sort of a resistance

forming and then we have some sort of support forming down

over here and seems like it's kind of like arranging on

whatever but it seems very difficult to trade here. So

let's see let's see what happens and then so so these

are all 30 minute and one hour time frame examples. Um so next

candle starts moving down. You know it's moving it's coming

down to this minor support. We don't know what's going to

happen here. So probably just going to wait here a little

bit. Um the next candle starts moving bearish. Could we take a

sell I don't think so because range is not enough I mean it's

just it's just very tricky very tricky if someone does take a

sell then you would want price to respect the high of the

previous candle and then continue moving down that's

what would you would want you know but since it's in this in

this area over here it just looks very dirty very tricky it

doesn't look good at all someone saying buy it we listen

when you say buy without a candle closing bullish that

tells me you're not taking any notes so you have to wait for

candles to close in your direction listen if you guys

don't wait for candles to close in your direction you're

going to be in the same spot you've been since you started

trading we are here to make a change and you need to make a

change in your mentality first you need to wait for candles to

close in your direction and then take trades you need to

make a change to see a change that's that's how it's going to

work if you don't make a change you're never going to see a

change I know a lot of people who've been who who are in my

group and oh basically I know people who started when I

started with Ted and they're in the same position they were

since they started because of because they're not patient

enough they don't wait for Canada to close they just take

they they over trade they over risk they're in the same

position they were since they started me I've progressed I

know a couple of other guys they've progressed a lot too so

you have to wait. Waiting man you get paid to wait. You know

see. So if you have taken a cell over here would have

gotten stopped out. You know it it would have been very tough.

So next candle close like this. Next candle is closing like

this and it's approaching this minor support form here. Now it

gets very difficult to trade. We don't know what's going to

happen. And the next candle starts going down, reaches the

support and the one after that breaks down and it's just it's

just a you know so so so this was this was a this in this

example there was no trade it was very hard to trade I'm a

new trader but knowing myself I would have taken a sell on the

third last candle because it broke the low it did not break

the high and closed bearish with stops above right or wrong

I think that's a that's a right idea that would have been the

right idea but then there was a lot of learning involved too

whenever you whenever you take a trade and you lose a trade

you're always learning something. You know if you

would have taken a cell after this candle it could have

worked. This could have worked and then someone that could

have taken a cell over here anticipating price to move down

then it could not have worked. You know so so you want a clean

range you know the reason why this did not look good was

because there was a minor support over here you know we

didn't know what's going to happen and there was support

down over here so it's obviously this is like this

wasn't an easy example. So to speak.

How many kennel you want to confirm resistance? Just one.

Right. So, What's happening here now? What's what's the

bias over here? Bearish okay someone is saying bearish paid

to wait ah bearish down okay so if so if we were to take a cell

okay so would this be a would this be the the the great idea

to take a cell right now

no someone saying no bad idea bearish bearish bearish let's

see what happens here see this would have been a okay idea to

take a cell because we had a wick to fill right over here

and we had a retracement done support formed right over here

and we had this candle close below the candles here to the

left hand side you know this could have been a nice idea to

take a trade but if you notice the next candle next candle

just wicked all the way down filled the wick and then

continued moving up right so if that trade was missed now we

don't know when to take a trade now we're just we're just

waiting you know now it's just pretty hard to take a trade

because you know now we're starting to go up we're coming

into this resistance area now so let's let's assume we missed

that trade and now if we are creating a support over here

What's going to be the probability? Now since price is

let me just remove this here. So since we are creating a

support down here, what's the probability for price to

continue to go up?

It's high. Someone said she's going up 100percent. Perfect.

So, if price is going to go up, right? If price is going to go

bullish, we need to see clean candles, right? So, we see that

okay, we're closing above this minor resistance, right? And

there's a high chance for price to come up to this area and to

potentially fill the gap, right? So, if that's going to

happen, where would our stop loss be? So, everybody knows

our stop is going to be below this candle and then we're

targeting an area going up right over here. Even though if

we're not taking the trade we're anticipating price to go

up. You know we're anticipating that. So that's what we're

going to do here. So let's just Let's just start to see what

happens next.

Price goes up respects the previous low makes a higher low

and a higher high and the next one continues up and it reaches

reaches the gap area right it reaches the gap area just

perfectly so if you see this was the gap price came up and

rejected it now now let me ask you this let me ask you this

what's the probability that price will break up or go down

do you do we think that price will yeah 5050 right because we

don't know gaps happen at very important zone so maybe that's

a very important zone that's where the gap happen you know

so maybe the next candle is now we don't know if it's going to

reject it or it's going to continue to go through it so

this is where you have your runners running you're securing

profits you're you're doing all sorts of those things right so

next candle forms like this if you were still in a trade right

if you were still in a trade would you close your buys at

this point or you will leave them open.

Close the buys yeah perfect man you guys are learning this is

awesome you know close the buys stop set break even whatever

you want to do and then eventually you know price start

to come down and just start to do its ranging things see how

now it just start to range so so this was the perfect move up

going up because we had clean candles here to the left so

it's pretty good pretty good nice feedback I like it