Boot Camp Day 28: Equilibrium pt.2 — Transcript

Full transcript

1. 0:03fired up I'm fired up I'm fired up if
2. 0:06y'all didn't see yesterday's video you
3. 0:08already know where we're at we're we're
4. 0:09in the same damn position we're
5. 0:10literally a minute later after finishing
6. 0:12yesterday's video
7. 0:14I did it
8. 0:15[Music]
9. 0:16[ __ ] I'm a dog
10. 0:20all right let's get it equilibrium day
11. 0:22two let's talk about it all right quick
12. 0:25little summary hold up actually pause
13. 0:26pause pause pause pause pause pause
14. 0:27pause pause pause pause pause pause
15. 0:29pause pause I I was getting a little bit
16. 0:33too too fired up we're pausing the
17. 0:34recording right now and I'm getting
18. 0:35water and then I'm coming back with the
19. 0:37same dim energy I just need one QP QP
20. 0:40ski
21. 0:42bird all right back to the track Tat's
22. 0:46on the back [ __ ] that [ __ ] end up
23. 0:47making Ass Clap
24. 0:53oh
25. 0:55all right all right okay equilibrium
26. 0:59Sue quick little summary right what is
27. 1:01it it's a retracements tool that allows
28. 1:04us to measure a premium and a discount
29. 1:06market for smart money to enter the
30. 1:10market right so
31. 1:13again we'll we'll draw this out I tried
32. 1:15to do it with my hands
33. 1:17um
34. 1:21right so
35. 1:23essentially all we're measuring is from
36. 1:27the high
37. 1:28from the low to the high and wow did
38. 1:31that perfectly
39. 1:32um
40. 1:33and we're finding the 50 Mark right
41. 1:35because right here everything from
42. 1:39the 50 mark
43. 1:43up there
44. 1:45is a premium right because right they
45. 1:47push price past this high
46. 1:50made this High we start to get some
47. 1:51bearish pressure down here
48. 1:54right so from here up to this new high
49. 1:56that gets made right when this High gets
50. 1:58made
51. 1:59right what are we what are we looking
52. 2:01for we're looking for price to come into
53. 2:02a discount right because that's where
54. 2:04smart money would want to buy smart
55. 2:06money never buys in a premium smart
56. 2:09money Nevers never shorts in a premium
57. 2:11they always buy and they was short in a
58. 2:14discount where's the discount from the
59. 2:16zip that 0.5 down to the zero right
60. 2:18everything within here is a discount why
61. 2:21because it's below this 50 mark
62. 2:24from the high to the low right and
63. 2:26that's really all equilibrium is it's
64. 2:27literally one of the easiest Concepts to
65. 2:30grasp so like we'll show it on a
66. 2:33downtrend real quick
67. 2:40okay same thing
68. 2:43we measure it from the high
69. 2:47to the low
70. 2:49okay
71. 2:51and now we're in a downtrend right so
72. 2:54anything
73. 2:55from once this low gets formed anything
74. 2:58from here this is a premium right smart
75. 3:01money is not looking to go short within
76. 3:03here but where are they looking to go
77. 3:05short when price gets on sale okay how
78. 3:07can we also find you know a better entry
79. 3:10rather than just taking a trade purely
80. 3:13off of equilibrium maybe there's a fair
81. 3:15value Gap within here maybe we're taking
82. 3:18it off of like the first move okay let's
83. 3:21get rid of all this
84. 3:24maybe it's going like this okay we're in
85. 3:26a downtrend boom okay
86. 3:30maybe it's
87. 3:33we have an order block
88. 3:38combined with the confirmation of it
89. 3:40being in equilibrium
90. 3:43right that's that's what equilibrium is
91. 3:46used for it's a retracement tool okay
92. 3:48and all we're going to show today oh
93. 3:51wait in here I know a lot of you guys
94. 3:53asked for this these are the settings
95. 3:54that I have on mine
96. 3:57oops
97. 3:59I knew there was going to be comments
98. 4:00about this so this is all I have price
99. 4:03levels 0 1 and 0.5 because usually the
100. 4:06Gan box looks like this
101. 4:09because it's it's essentially a fib you
102. 4:11just
103. 4:12get rid of all that
104. 4:16okay this is what mine looks like
105. 4:21cool cool
106. 4:23um so I just use a gan box you can also
107. 4:26use a fib
108. 4:27um a Fibonacci
109. 4:30and
110. 4:37take off all these and just
111. 4:40do it like that
112. 4:43okay
113. 4:48I'm trying to remember which ones I had
114. 4:49on
115. 4:56I think that was all of them
116. 4:58right uh nope I did not have the thought
117. 5:02I had
118. 5:07that
119. 5:09yeah cool
120. 5:12okay
121. 5:14so you can choose you can choose
122. 5:16whichever one okay
123. 5:18so let's go ahead and show it on a chart
124. 5:21um this is this is again probably one of
125. 5:23the the easier Concepts to grasp
126. 5:25and we can show how we can kind of
127. 5:28combine it I guess so
128. 5:33we'll literally just go ahead and start
129. 5:36from the top up here okay so boom
130. 5:39first of all we see breaker structure
131. 5:40the downside okay
132. 5:44we see price boom We form a low right
133. 5:47here
134. 5:49right we see one blue candle doesn't do
135. 5:51anything off of that nope perfect
136. 5:53let's take it lower okay we form a new
137. 5:55low down here okay what does price do
138. 5:58push up in above equilibrium what else
139. 6:01does it do
140. 6:03fills this fair value Gap also takes out
141. 6:06this liquidity price Falls how could you
142. 6:09potentially potentially find an entry I
143. 6:11know we don't necessarily want to get
144. 6:13into that
145. 6:14too soon
146. 6:17so we're going to be putting all this
147. 6:18together pretty soon but simple
148. 6:20right when it comes into equilibrium
149. 6:22when it comes into that fair value Gap
150. 6:23break of structure enter
151. 6:25Target preview series of liquidity boom
152. 6:27boom boom everything gets hit
153. 6:30okay let's move
154. 6:32let's move let's move let's move
155. 6:37moving forward okay
156. 6:40the high
157. 6:43down to this low does it get hit no
158. 6:46okay
159. 6:47nothing gets hit so what do we drag this
160. 6:49down to
161. 6:51all the way down to here off of this
162. 6:53doesn't get hit no okay this low ends up
163. 6:57becoming a little bit closer okay boom
164. 6:59price comes into equilibrium
165. 7:01okay we see price come into equilibrium
166. 7:04now what can we look for on this
167. 7:09I didn't see anything on the daily
168. 7:11we'll have to scale down even lower
169. 7:17honestly not much on the four hour
170. 7:19either this is honestly like one where
171. 7:21it's like okay cool well maybe like
172. 7:23you'd literally just wait for
173. 7:24equilibrium to get hit and then you wait
174. 7:26for that break of structure
175. 7:29but to me that's not much confirmation
176. 7:30get a break of structure prob it would
177. 7:32have ended up working out targeting
178. 7:34previous areas of liquidity boom boom
179. 7:36boom right
180. 7:39and again the reason why I like this it
181. 7:41happens on literally every single time
182. 7:43frame okay so if we go down to like 15
183. 7:46minute
184. 7:47right there's a reason why people love
185. 7:49using the 50 Mark in like the 64 mark on
186. 7:53a Fibonacci for retracements
187. 7:57it's because it's it's because it's
188. 7:59equilibria
189. 8:00they just they're just too stupid to
190. 8:02realize that
191. 8:05let's go to a different pair actually I
192. 8:07mean we can do it on here it doesn't
193. 8:09matter okay here
194. 8:13we break structure to the upside
195. 8:16right here okay boom measure it low up
196. 8:20to the high doesn't get hit on this move
197. 8:22on this move down no we go higher
198. 8:24perfect we drag it higher what does
199. 8:26price do boom falls into equilibrium
200. 8:30what can we do scale to a lower time
201. 8:32frame what do we have here we have
202. 8:37okay right here technically like
203. 8:38liquidity Suite break of structure this
204. 8:41right here Order block boom fill breaker
205. 8:44structure to the upside Long John vomit
206. 8:47Target previous areas of liquidity
207. 8:48Target Target Target
208. 8:59okay
209. 9:01moving forward right we can literally
210. 9:03just do it off this okay boom We form a
211. 9:05low right here
212. 9:08okay does this get hit no okay does this
213. 9:11get hit no got to go higher
214. 9:14all the way up here okay boom price
215. 9:16finally comes down low enough what does
216. 9:19it do
217. 9:21fills this imbalance brake structure the
218. 9:24upside
219. 9:25rallies takes out highs
220. 9:27and if you go on the 15 minute
221. 9:30what was this I literally caught a long
222. 9:32off of this today
223. 9:34what's this order block
224. 9:40order block
225. 9:43let's go to a different asset now
226. 9:48different Market
227. 9:50shall we say
228. 10:02right here literally lows highs
229. 10:04equilibrium
230. 10:08could kind of consider this an order
231. 10:10block because you know accumulation
232. 10:11whatever whether it's it's accumulation
233. 10:13or another block orders were filled
234. 10:15within here to cause this price to move
235. 10:16higher boom entry go in the one hour
236. 10:19find a break of structure whatever you
237. 10:21need to do
238. 10:24okay one hour
239. 10:30we get a breaking structure on this
240. 10:32candle
241. 10:33oh we can't find a good enough entry
242. 10:36perfect wait for it to come back down
243. 10:37into equilibrium get rid of this okay
244. 10:40boom price comes down to equilibrium
245. 10:42rallies higher what can you do scaling
246. 10:44out of 15.
247. 10:47would be very structured in the on the
248. 10:49hourly
249. 10:52then we break structure on the 15 minute
250. 10:55but this candle boom long it stop under
251. 10:57here where can we target previous areas
252. 10:59of Hoodie liquidity liquidity liquidity
253. 11:03simple [ __ ] man
254. 11:05very very simple [ __ ] it's literally
255. 11:07it's just a retracement tool
256. 11:11nothing more than that just a just a a
257. 11:14great way of being able to find an
258. 11:16accurate represent representation of
259. 11:19where price wants to retrace to Lowes
260. 11:21right here highs right here look perfect
261. 11:23dip
262. 11:24what's this within here imbalance for
263. 11:27Value gap for rally Gap aligning with
264. 11:30equilibrium boom what can we wait for
265. 11:32literally just scale in wait for break
266. 11:34of structure within this area along it
267. 11:37Target previous areas of liquidity
268. 11:40perfect man
269. 11:44right here you I can already see this is
270. 11:47probably like an hourly break of
271. 11:48structure
272. 11:52where it is price what does price do
273. 11:54rips breaks hourly structure retraces
274. 11:59imbalance
275. 12:01also
276. 12:04order block on higher time frame you're
277. 12:06starting to see how we can piece all
278. 12:07these things together it's everything
279. 12:09works together with our [ __ ]
280. 12:12then what happens we get a break of
281. 12:13structure again on the hourly
282. 12:16along it
283. 12:18or you see the breaker structure on the
284. 12:20hourly
285. 12:21office I know we're on the 15 minute I
286. 12:23can just visualize this
287. 12:25because I'm so used to doing this [ __ ]
288. 12:27right we're gonna break your structure
289. 12:28in the hourly then what
290. 12:30hourly low hourly High what happens
291. 12:33price dips into equilibrium you wait for
292. 12:35that regular structure
293. 12:36boom we break structure off this High
294. 12:38long it
295. 12:39stops under here Target where previous
296. 12:41areas of liquidity previous areas of
297. 12:43liquidity
298. 12:44previous areas of liquidity
299. 12:47simple [ __ ]
300. 12:53oops no
301. 12:55see gold I don't think we've done gold
302. 12:56yet
303. 13:03hmm
304. 13:05gold is a tricky one because it's been
305. 13:06in a Range let's go to when I was uh
306. 13:08trending
307. 13:11our gold ranges a lot actually
308. 13:16then when it breaks out it really does
309. 13:18go
310. 13:23we can even measure this bro
311. 13:25look we're in a monthly uptrend on Gold
312. 13:27by the way monthly break monthly retrace
313. 13:30monthly break monthly retrace right now
314. 13:33monthly low
315. 13:36up to the monthly High boom perfect
316. 13:38we're in equilibrium right now what are
317. 13:40we looking for
318. 13:44for Value Gap within here
319. 13:46what else we have
320. 13:50order block when these areas get hit
321. 13:52what are we doing scaling down to the
322. 13:54four hour waiting for a break of
323. 13:55structure waiting for confirmation
324. 13:59right
325. 14:01simple simple [ __ ] man
326. 14:05super simple right off this
327. 14:08High down to the low what does it feel
328. 14:13what does this move up Phil
329. 14:15fat ass imbalance
330. 14:18right at equilibrium break of structure
331. 14:20where does it Target previous areas of
332. 14:22liquidity liquidity liquidity
333. 14:27day in and day out these things happened
334. 14:30with without failing
335. 14:33without failing bro
336. 14:36it's just a matter of Can you spot it
337. 14:38and how well can you get used to
338. 14:39spotting them
339. 14:41that's really at all all it is is Can
340. 14:44you spot it and how good can you get
341. 14:47a spotty bum on the charts
342. 14:54that's all it is I'll show you an equal
343. 14:56equilibrium play that a swing trade that
344. 14:59we actually took on the disc on the
345. 15:00Discord literally this was a while ago
346. 15:02actually I'll see if I can actually
347. 15:04remember it
348. 15:07dude I'm trying to remember
349. 15:10where it was
350. 15:17oh it was this short it was this short
351. 15:19look so we have in again right where I
352. 15:23was playing off of the short time frame
353. 15:25we had a breaker structure to the
354. 15:27downside on The Daily
355. 15:30boom high to low because we were in a
356. 15:32technically in the downtrend on the
357. 15:33weekly we weren't in a weekly uptrend so
358. 15:35I was playing I was playing what Market
359. 15:36was telling me okay so we break
360. 15:38structure back to the downside we see
361. 15:40equilibrium the daily gets hit here what
362. 15:42did we do scale down to the four hour
363. 15:49what did I see I saw price filled this
364. 15:52massive imbalance within here then what
365. 15:55did I do scale down to the one hour
366. 15:59get real precise with this man
367. 16:08okay we saw one hour
368. 16:11break of structure to the downside what
369. 16:13did I do I shorted it stops above here
370. 16:15where could I where did I Target
371. 16:17previous areas of liquidity liquidity
372. 16:19right here liquidity right here
373. 16:21liquidity right here
374. 16:22and my final take profit was all the way
375. 16:25down here we had four take profits we
376. 16:27hit three of them
377. 16:29simple simple [ __ ]
378. 16:31and that was off an equilibrium play How
379. 16:33could you how could you have banked off
380. 16:35of this equilibrium play
381. 16:37daily low daily High perfect we come
382. 16:41down
383. 16:49we come down where is the move prior
384. 16:51where was the move down prior to that
385. 16:53extension up
386. 16:56order [ __ ] price comes in chow chow chop
387. 17:00rallies
388. 17:02day in and day out every [ __ ]
389. 17:05Direction this [ __ ] Works look regular
390. 17:07sharks are the upside boom this is the
391. 17:09low this is the high bling blob comes
392. 17:11into equilibrium
393. 17:13comes into this order block
394. 17:16rallies
395. 17:19oh what's this low what's this hi what's
396. 17:23this dips into equilibrium what's this
397. 17:26[ __ ] imbalance what's this Phil rally
398. 17:33daily low
399. 17:36daily High what does price do tap barely
400. 17:39Taps equilibrium rallies higher
401. 17:46[ __ ] man
402. 17:49simple [ __ ] literally on on this boom hi
403. 17:53down to the low this equilibrium
404. 18:00scale down to the one hour
405. 18:02you can find trades off of this [ __ ]
406. 18:05breakup structure where where can you
407. 18:08trade it into
408. 18:09this imbalance
409. 18:13it's money to be made bro
410. 18:18so hopefully you guys understand how to
411. 18:20use equilibrium now it is a retracement
412. 18:23tool whatever you see price make a new
413. 18:25high in an uptrend boom drag it from the
414. 18:28low up to the high
415. 18:30figure out where a price wants to go
416. 18:31whenever you see a new whenever you see
417. 18:34a new um a new low get made in a or
418. 18:37sorry yeah a new logo made in a
419. 18:39downtrend perfect we're dragging it from
420. 18:40the high down to the low
421. 18:42figure out where price will likely draw
422. 18:44to along with everything else we've
423. 18:46learned because hopefully now
424. 18:50you guys are starting to see how we can
425. 18:52put this [ __ ] together
426. 18:54and take some [ __ ] quality ass trade
427. 18:56so with that being said
428. 18:57I'm about to film another YouTube video
429. 18:59guy another boot camp video for you guys
430. 19:02I'll catch you guys tomorrow
431. 19:04um who knows what tomorrow's gonna be on
432. 19:06but we got equilibrium part three do we
433. 19:12do we even need equilibrium part three
434. 19:16you think we should put everything
435. 19:17together in two days
436. 19:20start putting everything together
437. 19:25because we're gonna have a three series
438. 19:27thing where we do putting everything
439. 19:28together
440. 19:30the first one is literally going to be
441. 19:32the step-by-step plan of how you can use
442. 19:34everything
443. 19:35it's literally just gonna be text
444. 19:38I was gonna do it me talking but I think
445. 19:40texts and actually seeing it would be
446. 19:42better
447. 19:44well you guys don't even have an opinion
448. 19:46because I'm about to make the videos
449. 19:50I think we do it I don't I don't think
450. 19:52we need equilibrium part three I think
451. 19:54we're so I think we're already deep
452. 19:55enough into this where you guys have a
453. 19:57solid enough knowledge of of the the
454. 19:59building blocks where we can get started
455. 20:02so I guess that means we got to make the
456. 20:04trading plan video
457. 20:05trading plan
458. 20:08putting [ __ ] together
459. 20:10who knows some sort of psychology video
460. 20:12putting [ __ ] together part two
461. 20:15some sort of psychology video putting
462. 20:17[ __ ] together part three
463. 20:19and then I'm really gonna be lost for
464. 20:21what I'm gonna do then I'll really have
465. 20:22no clue what I'm gonna do
466. 20:24then maybe I talk about Forex strategy
467. 20:26then maybe I talk about session opens
468. 20:29then then we get into the small things
469. 20:32then maybe we talk about how to set
470. 20:35stop-lot or where to set stop losses
471. 20:37where to set take profits
472. 20:41some things to think about but I'm gonna
473. 20:42make all those videos today so
474. 20:45I guess I'll I'll see I'll see as the
475. 20:48these next couple hours go on all right
476. 20:50well with that being said I'll catch you
477. 20:52boys tomorrow
478. 20:54I'm gonna catch myself in like two
479. 20:56minutes making another video Peace Out
480. 20:58Boys