Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated:
1
00:00:00,170 --> 00:00:09,960
Model 6.2 is the turn the turn has been covered previously and divided into the V-shaped turn and the
2
00:00:09,960 --> 00:00:15,920
U-shaped turn the benchmark for our entries is to turn OK.
3
00:00:17,070 --> 00:00:21,310
Conservative traders wait to place the traits after the turn.
4
00:00:21,660 --> 00:00:27,110
And if you are more aggressive you may jump in earlier before the turn to get a better entry.
5
00:00:27,240 --> 00:00:30,190
So let's go deeper into the turn.
6
00:00:30,960 --> 00:00:33,590
Let me draw a scenario for you here.
7
00:00:34,200 --> 00:00:42,330
Let's say when the Duntroon K strong healthy doctrine the market starts to make a pullback
8
00:00:47,480 --> 00:00:58,490
it's creating a corrective wave that finally it continues to the downside.
9
00:01:00,070 --> 00:01:10,540
OK so let's say we are on this corrective pullback and we're trying to find a spot to re-enter and get
10
00:01:10,540 --> 00:01:12,230
into the short aswell.
11
00:01:13,720 --> 00:01:14,510
OK.
12
00:01:14,900 --> 00:01:23,640
This right here where the vertical line is much the turn 2 direction is obviously going to the downside.
13
00:01:24,040 --> 00:01:29,790
And we have the momentum going against us for a while.
14
00:01:29,980 --> 00:01:34,690
When you enter before the turn you're going against momentum.
15
00:01:34,780 --> 00:01:36,210
You're being aggressive.
16
00:01:36,460 --> 00:01:38,610
So you can get a better entry.
17
00:01:38,890 --> 00:01:39,340
Right.
18
00:01:39,490 --> 00:01:42,740
Well we'll go over that in details in the next model.
19
00:01:43,180 --> 00:01:51,190
And if you're going to enter after this turn red this confirmation of momentum change you're being more
20
00:01:51,190 --> 00:01:56,040
conservative because you wait later on to get into the game.
21
00:01:56,080 --> 00:02:01,850
Rather we hear if they're more aggressive you've got to be placing a limit.
22
00:02:01,840 --> 00:02:06,960
OROSZ somewhere on this up move right.
23
00:02:06,980 --> 00:02:11,140
The stop loss has to be above the lowest level.
24
00:02:11,200 --> 00:02:18,640
Barry there are pros and cons to being aggressive or conservative and it's totally up to you which method
25
00:02:19,060 --> 00:02:21,800
you want to choose.
26
00:02:22,210 --> 00:02:25,220
Let's go to the charts now to see some real examples.
27
00:02:26,410 --> 00:02:35,030
Kate Girsh to analyze this part of the move on those trillion dollar debt we have direction to the downside.
28
00:02:35,450 --> 00:02:38,950
It's form in positive ways.
29
00:02:40,160 --> 00:02:43,670
So at this stage we're looking to enter a pullback
30
00:02:47,570 --> 00:02:48,280
Okay.
31
00:02:49,970 --> 00:02:51,830
And this marks the turn in price
32
00:02:54,840 --> 00:03:03,140
to is highest peak and transform this along with the market to turn right.
33
00:03:03,290 --> 00:03:12,840
You may choose to enter anywhere before the term you're more aggressive or after the term if you're
34
00:03:12,840 --> 00:03:15,160
more conservative.
35
00:03:15,350 --> 00:03:17,860
It's as simple as that.
36
00:03:18,030 --> 00:03:19,560
Here's another scenario.
37
00:03:20,290 --> 00:03:23,710
Imagine you're reading stung friend Kay price made a pullback
38
00:03:27,110 --> 00:03:29,390
Can you spot the turn.
39
00:03:29,440 --> 00:03:40,630
Reggie Doyle levels were sitting on previous support and resistance and we have another level here.
40
00:03:40,800 --> 00:03:41,730
The supply level
41
00:03:44,540 --> 00:03:50,390
the price trend for a while here imagine all this hasn't happened on the right side.
42
00:03:50,990 --> 00:03:57,830
This is where we draw a vertical red line too much to turn anything more aggressive.
43
00:03:57,830 --> 00:04:04,080
You can enter on this up move here when there's a mini uptrend and momentum is going up.
44
00:04:04,980 --> 00:04:11,650
Dan which stock lost above the last level Barry if you're Mogens over this you will have to turn happens
45
00:04:12,410 --> 00:04:21,420
and this case here after this red line tries meet the high game.
46
00:04:21,580 --> 00:04:24,350
Turns out that this is the new turn.
47
00:04:25,780 --> 00:04:33,190
Same thing placed a limit order if you're trading it for the turn and if you truly after the turn you
48
00:04:33,190 --> 00:04:36,150
look for more set ups on this side of the move here
49
00:04:40,650 --> 00:04:43,290
and now let's get into the different types of entries.
4729
Can't find what you're looking for?
Get subtitles in any language from opensubtitles.com, and translate them here.
Afrikaans
Akan
Albanian
Amharic
Arabic
Armenian
Azerbaijani
Basque
Belarusian
Bemba
Bengali
Bihari
Bosnian
Breton
Bulgarian
Cambodian
Catalan
Cebuano
Cherokee
Chichewa
Chinese (Simplified)
Chinese (Traditional)
Corsican
Croatian
Czech
Danish
Dutch
English
Esperanto
Estonian
Faroese
Finnish
Galician
Georgian
German
Greek
Guarani
Haitian Creole
Hausa
Hawaiian
Hebrew
Hmong
Hungarian
Icelandic
Indonesian
Irish
Italian
Japanese
Kazakh
Kinyarwanda
Kirundi
Kongo
Korean
Krio (Sierra Leone)
Kurdish
Kyrgyz
Laothian
Latin
Latvian
Lithuanian
Luganda
Luo
Luxembourgish
Macedonian
Malagasy
Malay
Maltese
Maori
Mauritian Creole
Moldavian
Mongolian
Myanmar (Burmese)
Montenegrin
Nepali
Norwegian
Pashto
Persian
Polish
Portuguese (Brazil)
Portuguese (Portugal)
Quechua
Romanian
Romansh
Russian
Samoan
Scots Gaelic
Serbian
Sesotho
Setswana
Seychellois Creole
Shona
Sindhi
Sinhalese
Slovak
Slovenian
Somali
Spanish
Swedish
Tajik
Thai
Tigrinya
Tonga
Turkish
Turkmen
Ukrainian
Uzbek
Vietnamese
Welsh
Wolof