Ger30(Dax) Analysis — Transcript

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1. 0:00[music]
2. 0:09[music]
3. 0:11>> Hello guys. This is
4. 0:12so let's analyze that together.
5. 0:15As you can see a market up into the
6. 0:16daily
7. 0:17We should keep it up. Let's switch to
8. 0:19the entire to see it clearly.
9. 0:20So this is the daily we should keep it
10. 0:22up.
11. 0:22I get up into it rejected and closed
12. 0:26above it.
13. 0:28I get up into it with this candle
14. 0:30and close above. So after that what do
15. 0:32you do next? You move down to a time
16. 0:34frame lower, right? Which is 4-hour time
17. 0:35frame.
18. 0:37What are we looking for here? A break
19. 0:39or a sweep and a break. And here we can
20. 0:42see a sweep and a break.
21. 0:43On the line chart
22. 0:46a sweep and a break.
23. 0:49As simple as that.
24. 0:51So let's switch back to what? Candle.
25. 0:53Then what are we going to do here?
26. 0:55The place that you believe the market
27. 0:56will retrace from, you will pull your
28. 0:58fib there.
29. 1:00The market to invitation level. Where's
30. 1:01our fib? This is our fib.
31. 1:04This is our invitation level, right?
32. 1:07So let's say we want market to retrace
33. 1:08from here now.
34. 1:09Where where which place is probable for
35. 1:11buys?
36. 1:13In this camera here because it's sitting
37. 1:15around the 70% level in our Fibonacci
38. 1:17tool.
39. 1:18So let's find that place out, which is
40. 1:20this place. So this is the best place to
41. 1:22actually buy. This is the best
42. 1:23discounted area for buys.
43. 1:26Or call it this place as our lowest
44. 1:27liquidity.
45. 1:29It's sitting right there, all right?
46. 1:31So that is it.
47. 1:33So let's check on that time frame to see
48. 1:34anything neat
49. 1:36or more clean and understand.
50. 1:41Okay.
51. 1:43Beautiful. So I can see
52. 1:46um a reclaimed order block here.
53. 1:49All right? It has not played out yet,
54. 1:51though.
55. 1:53But it's been a reclaimed order block
56. 1:54structure.
57. 1:55This is it.
58. 1:59All right.
59. 2:00So, this is it here.
60. 2:02And we're going to place our long
61. 2:04position boss here.
62. 2:07So, wait for market to what? To retrace
63. 2:09back to this level.
64. 2:11Then we take our buys.
65. 2:13I mean our arrow. Let's see. This is our
66. 2:15invitation level. But what's in about
67. 2:17that is that based on experience,
68. 2:18sometimes it can just come very very
69. 2:20close to your SL.
70. 2:22All right? So, if you place your SL like
71. 2:24this, this tight, it can just wick you
72. 2:26out and still go your way. It can also
73. 2:28do like this to you.
74. 2:30Something like this.
75. 2:31Um wick you out a bit, then move back
76. 2:35up.
77. 2:36So, is this nice? No. So, to avoid that,
78. 2:38we're going to give our SL breathing
79. 2:40space.
80. 2:41So, we're going to leave it like this.
81. 2:43All right? So, we're going to leave it
82. 2:44like this in case it's going to wick
83. 2:47that place out.
84. 2:48So, this is a 1:4 trade.
85. 2:51All right? Manage your risk properly.
86. 2:53And this is not a financial advice.
87. 2:55If you're looking for financial advice,
88. 2:56go and look for the financial advice.
89. 2:59Go and look for the financial advice,
90. 3:00so. All right? Uh if you want premium
91. 3:03signals and premium mentorship from
92. 3:06Aussie Wealth,
93. 3:08then come to me.
94. 3:09Okay? Peace out.