Easy Trick to Spot Where Price Will Go Next! — Transcript

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1. 0:00This is how you scalp your USD. This is
2. 0:02all good for me. This is what I want to
3. 0:04see. And the reason I'm doing this first
4. 0:06of all, look at this. Look, we are about
5. 0:07to run out buy stops. You know, price is
6. 0:09drawn towards the money. And so, I'm
7. 0:11going to trade towards the money. When I
8. 0:12see it, there's going to be money up
9. 0:14here. Buy stops. So, money in the form
10. 0:16of buy stops. Price has been drawn
11. 0:18there. You can see that all week price
12. 0:19has been heading up there. So, what am I
13. 0:21going to do? I'm going to look to take
14. 0:22price to the upside. It was a full pip
15. 0:23stop loss. It's only a short move. Like
16. 0:25I said, it is a scalp. So from here to
17. 0:27here it's roughly about 12 pips. It can
18. 0:30go another 10 pips higher and 10 pips
19. 0:32higher. That will make it a 20 pip move.
20. 0:34This is kind of what I'm looking for.
21. 0:35I'm looking to take TP up in this area
22. 0:37here where there is going to be buy
23. 0:38stops up here. I'm looking to exchange
24. 0:41contracts within 10 pips of this high.
25. 0:43This high is 1572. 1582 is roughly about
26. 0:47here. So this is what I'm looking for
27. 0:48right now in EuroD. I've missed this
28. 0:50opportunity which is the London. Well,
29. 0:52technically this is still London's move,
30. 0:54but I've missed the early London's play,
31. 0:56which is from down here. I'm going to
32. 0:58catch the scout play to my level of
33. 1:00interest and look to see what I can do
34. 1:01going forward. This is how you scalp,
35. 1:03guys. And if I just go down to one
36. 1:04minute time frame. So, what's happened
37. 1:06on the one minute time frame? So, I had
38. 1:07marked up a fair value gap over here.
39. 1:09And all I was waiting on was price to
40. 1:11run through a short-term high.
41. 1:13Short-term highs are highs between two
42. 1:15lower highs. So, there's a high here. No
43. 1:17short-term high was traded through that
44. 1:19high. It didn't trade through the high,
45. 1:21so it wasn't ready. Now, let's check it
46. 1:22over here. Now, there's another
47. 1:24short-term high here. No short-term high
48. 1:25traded through that high. So, it wasn't
49. 1:27ready. Once again, down here was a
50. 1:29short-term high. It's a high between two
51. 1:31lower highs. That high and that high of
52. 1:33their candles, both those highs are
53. 1:35lower than the high in between. So, when
54. 1:37it traded through past it here, past the
55. 1:40high, this is when I knew it was ready.
56. 1:42And so, technically, I would have liked
57. 1:43to catch a trade down here if there was
58. 1:45any return to the fair value gap, but it
59. 1:46is what it is. This is still fine. And
60. 1:49what I do to kind of understand whether
61. 1:50it's fine or not. And just by the way,
62. 1:52my kids in the background. I'm not in my
63. 1:54office at the moment, so you might hear
64. 1:55some noise in the background. What I
65. 1:57like to do is when it gets it, although
66. 1:58I want price to come back into here from
67. 2:00where price was where I was trying to
68. 2:02get it here, not the spreads down into
69. 2:04this level. It was only 1.7 pips. You
70. 2:06have to ask yourself, is can you handle
71. 2:071.7 pips? Cuz if you can, then you might
72. 2:10as well jump in. Just make sure your
73. 2:11stop loss covers it. I had a full pip
74. 2:13stop loss. Technically, that 4 pip stop
75. 2:15loss from here would have taken me all
76. 2:17the way down here beneath the fair value
77. 2:19gap. I mean, that would have been
78. 2:20perfectly fine. I didn't have to wait
79. 2:21for price to push up high, then come
80. 2:22back into the downward play to run out
81. 2:24liquidity. I didn't have to wait for
82. 2:25that. I jumped in straight away. So now
83. 2:27price is pushing higher. Look, we have
84. 2:29already taken out this high and you can
85. 2:31see how quickly we're moving now. You
86. 2:33see how quickly it moves after it
87. 2:34confirmed that it wants to go higher. It
88. 2:36confirmed it wanted to go higher and
89. 2:37then I was able to take it out. So we
90. 2:39are pushing past this now. And if I
91. 2:41wanted to now, I can add on one more
92. 2:44here. Let me quickly just put on um
93. 2:48the how high I want it to go after this.
94. 2:51Let's go. So, there was actually 10
95. 2:53pips. And there's a reason I'm going 10
96. 2:55pips above this high. There's a reason
97. 2:57I'm I'm saying that. There's a reason
98. 2:58I'm saying 10 pips above this high. So,
99. 3:0110 pips was 82, isn't it? 82. It's
100. 3:03because above these highs on the daily
101. 3:06time frame, above the high on the daily
102. 3:07time frame. Let's go daily time frame.
103. 3:10above the high on the daily time frame.
104. 3:12People are going to have stop losses up
105. 3:13here in the form of buy stops. And those
106. 3:15stop losses are going to be within 10
107. 3:17pips. Well, 10 to 30 pips of this high.
108. 3:19Technically, 10 to 30 pips of the high.
109. 3:21That means I can continue to hold my
110. 3:24position position. See, it's gotten
111. 3:25there now. It's is ready. It's done it
112. 3:27now. So, I'll just go ahead and just
113. 3:28close this out. There we go. And there
114. 3:31we go, guys. There we go. That That is
115. 3:33how you scalp. Nice and quick. Quick
116. 3:35moves is what it is. And you're good.
117. 3:37So, and you see how fast it's moving.
118. 3:39You have to be quick when it comes to
119. 3:41scalping. It's not about holding onto
120. 3:43that trade for long. You just get a
121. 3:44little get your piece and get out. Get
122. 3:46your piece and get out. Get your piece
123. 3:49and get out. That's the main thing. Once
124. 3:51it confirms it like it did here, some
125. 3:53people have so many confirmations.
126. 3:54They're waiting for too long. They're
127. 3:56waiting for too long when it comes to
128. 3:57trading. But listen, in these kind of
129. 3:59markets, in these kind of conditions,
130. 4:01you get in and you get out. And this is
131. 4:03exactly how you do it. I didn't use
132. 4:05nothing fancy. I didn't use no fancy
133. 4:07fancy any indicators or anything to
134. 4:09understand that price was going to go
135. 4:10higher. I simply understood that price
136. 4:12had drawn towards liquidity. I
137. 4:14identified the liquidity it was going to
138. 4:16get to and then I traded towards that
139. 4:19money and like I said this was that my
140. 4:21area of interest for a price to get to
141. 4:23and I said within 10 pips of that high.
142. 4:25So this is how you scalp guys. So, if
143. 4:27you have any questions about scalping or
144. 4:29if you want to understand even the more
145. 4:30intricate details into the scalp, then I
146. 4:32have a whole course on my scalping
147. 4:35strategy and I've given you guys kind of
148. 4:37like the basic shell of what it is.
149. 4:39There's so much to understand in this
150. 4:41that you're going to be seeing
151. 4:42opportunities like this often. We jumped
152. 4:44in when price was here, one of these two
153. 4:46candlesticks, and we got to our TP level
154. 4:49here. Okay, so altogether that was seven
155. 4:51bars, 7 minutes. It's not always going
156. 4:53to be 7 minutes, but it can be as quick
157. 4:55as 7 minutes. This is trading done for
158. 4:57the day. And in my course as well, I
159. 4:59show you guys how to identify
160. 5:01opportunities like this. They are there.
161. 5:03You do see them often. You need to know
162. 5:05how to capitalize on these moves often.
163. 5:07Multiple ways to get in from here. I
164. 5:09just showed you one way to get in from
165. 5:11here. There's multiple ways to get in.
166. 5:12There's even more confirmations with no
167. 5:14indicators. What's good, liquidity gang?
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