Forex swing trading at its simplest LIVE with my telegram group — Transcript

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1. 0:02all right cool so pretty much i'm gonna
2. 0:04break down this trade i'm gonna break
3. 0:07down my top three
4. 0:08and then um we'll ask the we'll have
5. 0:10like a little q a
6. 0:11at the end all right cool so what's up
7. 0:15guys pretty much i'm gonna break down my
8. 0:16swing trading
9. 0:19strategy i'm gonna give you guys some
10. 0:20insights on pretty much how i do it
11. 0:23um very very simple it just requires a
12. 0:25lot
13. 0:26of patience so let's just get straight
14. 0:28into it
15. 0:29so starting off with nzd cad right i
16. 0:32always like starting off on the monthly
17. 0:34so um let's just break it down from the
18. 0:36beginning to keep it
19. 0:37uh so you guys understand my full
20. 0:40thought process behind it
21. 0:41right so pretty much you can tell right
22. 0:43here price is having structure lows
23. 0:45highs
24. 0:46lows highs lows keep in mind we are on
25. 0:49the monthly time frame
26. 0:52lower high higher low higher high
27. 0:56higher low previous resistance acting as
28. 0:58support then we have a higher high
29. 1:00breaking previous structure level here
30. 1:03here
31. 1:04and this right so we knew that this is
32. 1:06completely bullish
33. 1:07but now all of a sudden we have this
34. 1:09huge
35. 1:10bearish engulfing creating engulfing
36. 1:14basically let's see how much price
37. 1:16action is solid
38. 1:18180 days this one kind of broken so
39. 1:21there's some pretty strong
40. 1:22bearish pressure right so you go out
41. 1:25like
42. 1:26this let's delete this and you can tell
43. 1:28that the higher low structure
44. 1:29high low higher high has been broken as
45. 1:32you can see the body has closed
46. 1:34under the previous higher low so now the
47. 1:37monthly is bearish
48. 1:38right we go out to the weekly and we've
49. 1:40already been known this that the weekly
50. 1:42is bearish
51. 1:43you look a structure you have high
52. 1:46low high low high
53. 1:49then as soon as this red body closed
54. 1:53under this higher low the weekly went
55. 1:56perish
56. 1:57for those of you that have been watching
57. 1:58me for about
58. 2:00two three weeks you can tell i was in
59. 2:02mexico when this happened and then you
60. 2:03can tell pretty much how i anticipated
61. 2:05they lower high
62. 2:06on the daily time frame to retest
63. 2:08previous structure level you guys can
64. 2:10literally just go back to my screenshots
65. 2:11of the videos
66. 2:12anticipated the lower high level to
67. 2:14continue bearish right but let's
68. 2:16keep it going with the weekly so now we
69. 2:17know that the weekly is bearish
70. 2:19so i'm anticipating any pullbacks to go
71. 2:23short
72. 2:23so the ideal pullback for the weekly
73. 2:25would be
74. 2:26at this previous resistance resistance
75. 2:30resistance support thank you
76. 2:34come back here alone
77. 2:38[Music]
78. 2:41we got somebody talking again
79. 2:50damn i tried meeting him
80. 2:54hold on guys this is gonna happen i'm
81. 2:57gonna have to
82. 3:05all right cool i just removed henry all
83. 3:08right
84. 3:09so pretty much confirming that the
85. 3:12weekly is
86. 3:13bearish now we're looking for any
87. 3:15pullbacks to go short
88. 3:16so you go down to the daily and very
89. 3:19cleanly on the daily
90. 3:21you can see the shift in structure you
91. 3:23can see the
92. 3:24low high low high
93. 3:28low so now we know that this is the
94. 3:30lower high
95. 3:31this is a fact and this is the lower low
96. 3:34anything above this level
97. 3:38as long as price remains under this we
98. 3:40are bearish as long as
99. 3:41price breaks this level then it will be
100. 3:44the new lower low
101. 3:46once price break this it will be a new
102. 3:48lower low once price breaks this
103. 3:50it'll be the new higher high so as long
104. 3:53as we're under this level we are bearish
105. 3:55correct so now
106. 3:58let me look at it like this so pretty
107. 4:00much you guys can very clean until they
108. 4:01shift low
109. 4:02high low high low lower high
110. 4:06at resistance resistance resistance
111. 4:09support and it goes on there's also a
112. 4:1488 450 right but when you look at this
113. 4:17on the weekly i mean on the monthly
114. 4:19frame you can tell that we need
115. 4:20more than this little petty pullback yes
116. 4:23it looks like it's retesting
117. 4:24the monthly ema but when you look at it
118. 4:26like this
119. 4:28you do you throw your little fib
120. 4:29retracement from
121. 4:31week to week which is the full month and
122. 4:34you can tell how perfectly the 38.2
123. 4:37lines up with previous monthly
124. 4:39resistance
125. 4:40and support you go down to the weekly
126. 4:43time frame and you can tell how it is
127. 4:44also
128. 4:48weekly resistance resistance along with
129. 4:51the ema
130. 4:52and then you throw your fib from your
131. 4:54daily
132. 4:55lower high which is here and then you
133. 4:57anticipate any pullbacks which would
134. 4:59also line up with your 78.6
135. 5:02and by the time price decides to have
136. 5:04the bullish structure
137. 5:05to this area this daily ema has caught
138. 5:08up to here where it's support
139. 5:10resistance resistance and so on there's
140. 5:13also round level
141. 5:1489 300. so here you have your monthly
142. 5:17feb
143. 5:18with your daily fib you have your daily
144. 5:20ema you have your weekly ema
145. 5:22you have weekly structure you have so
146. 5:25many things
147. 5:26at this zone right here that is going to
148. 5:28be a strong strong area for price to
149. 5:31have a
150. 5:31big move down and i am going to be
151. 5:33swinging this
152. 5:35from here to a new law that will be
153. 5:37created and it perfectly lines up
154. 5:39the 20 the negative 27 with the next
155. 5:42structure level that is support support
156. 5:45support support and their resistance
157. 5:48so if price decides to not go
158. 5:51all the way up to this level i'm gonna
159. 5:53be waiting
160. 5:54because we are now at a level that it
161. 5:56can very much reject
162. 5:57right very easily resistance resistance
163. 6:01right let me do it like this
164. 6:03you have one one
165. 6:06two three four most definitely can be
166. 6:10the fifth level
167. 6:12and it can be very much a four hour
168. 6:14double top so then have price
169. 6:16push down and then as well you can tell
170. 6:17how this ema is very well respected
171. 6:20when price is bearish it is respecting
172. 6:23every
173. 6:24lower high structure very clearly you
174. 6:26can see it here
175. 6:27so this can very much be the next one to
176. 6:28push it down and when price is bullish
177. 6:31it rise above
178. 6:32but that's not i don't really care about
179. 6:33the ema i care more about structure
180. 6:36so the only way i will go short on this
181. 6:38is when
182. 6:39the one hour structure goes bearish
183. 6:41because very much the one hour is still
184. 6:42bullish you see the high the low
185. 6:44high low high so i need the lower low
186. 6:48a lower high breaking the structure
187. 6:51retesting this one hour ema
188. 6:53and then on the four hour it would
189. 6:54confirm that we're rejecting this area
190. 6:57along with our fib and then resistance
191. 7:01um resistance respect and resistance
192. 7:03here our dailies rejecting our area of
193. 7:04interest that is if price doesn't make
194. 7:07it
195. 7:07to this level once price makes it to
196. 7:09this level if it breaks through here
197. 7:12then we'll be looking for shorts here if
198. 7:14i get this little break and retest i'll
199. 7:15sell it from here
200. 7:16to this structure and if the daily body
201. 7:19closes
202. 7:19under structure like this then i'll be
203. 7:22holding all the way to my final take
204. 7:23profit
205. 7:24if not if price decides to break above
206. 7:26very well
207. 7:27then i'll be waiting for price to make
208. 7:30it to here
209. 7:30and once we get to here i'll wait for a
210. 7:32shifting structure to then
211. 7:34swing it all the way down right so
212. 7:36that's nzd cad this is a very very clean
213. 7:39pair i'm
214. 7:40very interested in it but even easier
215. 7:42than this is gbp chf
216. 7:44for those of you that know me this is
217. 7:45actually my bread and butter i've been
218. 7:47trading this pair
219. 7:49forever i've probably made my most money
220. 7:51on this pair right
221. 7:53so hold on because now i can
222. 7:58do it like this all right cool so pretty
223. 8:00much let's start off on the monthly
224. 8:02frame right
225. 8:03so very clearly the monthly has broken
226. 8:06above
227. 8:07and close above the previous structure
228. 8:10right you don't have to be a rocket
229. 8:11scientist to see you see the low
230. 8:14the high the low now a higher high
231. 8:17breaking and closing above the structure
232. 8:20level
233. 8:20also around 29 500 right
234. 8:23you also look left and it is also a
235. 8:25respected support
236. 8:27resistance support resistance resistance
237. 8:31resistance and it goes on
238. 8:32right so we have closed above that this
239. 8:35is
240. 8:36stupid bullish momentum right let me do
241. 8:40this
242. 8:40this is very strong bullish momentum so
243. 8:42we're anticipating
244. 8:43the minor the most minimal pullback
245. 8:47to retest this structure to then go long
246. 8:50you also go out to the weekly time frame
247. 8:52and coincidentally
248. 8:54it is the previous weekly bodies you see
249. 8:57them right here previous weekly bodies
250. 8:59and then you look left and it is also
251. 9:00support support and it goes on so it
252. 9:03will look like a wick
253. 9:04very much like this and then it will be
254. 9:06structured on the four hour then we
255. 9:08enter to go long you go down to the
256. 9:10daily
257. 9:10and it is a very well respected daily
258. 9:13resistance that i boxed off because it
259. 9:15was trapped in here for quite a while
260. 9:17so it'll be a daily structure level
261. 9:20it'll be daily and four-hour structure
262. 9:21and we'll be entering on the weekly week
263. 9:23to then go down right once we get the
264. 9:27pool back
265. 9:27it is a very well respected support
266. 9:29resistance
267. 9:31so i'm waiting for any pullbacks to this
268. 9:33level to go long i'm not interested in
269. 9:35the shorts
270. 9:36any of the levels any shorts right now
271. 9:39would be a counter trend trade
272. 9:41because we have the big frames in our
273. 9:43favor we got the boy daniel savage
274. 9:46on the live over here learning how to
275. 9:47swing trade just saw you my bro
276. 9:51so that's gbp chf i'm looking for any
277. 9:54pool box
278. 9:55any pullbacks to go along on this have
279. 9:57my alarm set i'll be waiting
280. 9:59through your fib from structure to
281. 10:02structure
282. 10:03what a coincidence it is the 38.2
283. 10:06psychological level monthly weekly daily
284. 10:09resistance and all of that
285. 10:11right and then my other very one
286. 10:13interested is gbp chf
287. 10:15right so um we've actually caught some
288. 10:18really nice moves on this lately
289. 10:20but um let's be breaking it down so
290. 10:23same thing as gbp chf you can clearly
291. 10:26tell
292. 10:26how we've broken out high low high
293. 10:30now we're looking for the higher low to
294. 10:32have the next higher high so you go out
295. 10:33to the weekly time frame
296. 10:35weekly time frame is clearly rejecting
297. 10:38previous structure level
298. 10:39which is also round level 137 100
299. 10:43weekly bullish pin bar you go down to
300. 10:45the daily and you can see how the daily
301. 10:47has had the shift
302. 10:49the low lower high higher low
303. 10:52higher high so now we're anticipating a
304. 10:55higher low
305. 10:56at the previous daily structure previous
306. 10:59daily
307. 11:00support previous daily resistance
308. 11:02previous
309. 11:03daily ema to active support so then go
310. 11:06along right so here you have
311. 11:07daily structure ema and daily round
312. 11:10level of one thirty eight hundred
313. 11:11you go down to the four hour and then
314. 11:13perfectly you can tell
315. 11:15very well respect this structure of area
316. 11:17and then it'll also be the previous four
317. 11:19hour higher high
318. 11:20it will have the higher low with the
319. 11:22four hour ema here
320. 11:23you throw your fib from point a
321. 11:27to point b and then the fib has
322. 11:29completed on the four hours so now you
323. 11:31basically literally just move the fib
324. 11:34and it
325. 11:34lines up perfectly from point a to point
326. 11:37b
327. 11:37and we're looking for a pullback to have
328. 11:40our
329. 11:41c so then have our final retracement and
330. 11:43then looking to target
331. 11:45these previous highs at 140 000 that is
332. 11:47very well respected
333. 11:49so this is going to be a very very clean
334. 11:51trade so i'm looking for any pullbacks
335. 11:52to the structure level
336. 11:54to go along i've been seeing the
337. 11:56comments go crazy i haven't even been
338. 11:58looking at the comments so yeah thank
339. 12:00you my boy daniel pay attention
340. 12:03yeah so um let's stop the recording here
341. 12:08have a little q a stop there