I Backtested My M15 Sweep Strategy Live With My Students — 4/4 Wins — Transcript

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1. 0:00Yeah, I can now, yep.
2. 0:03>> Perfect, perfect, so any
3. 0:05as always any particular questions and
4. 0:06sort of the FTC stuff and how is that or
5. 0:10is all all makes sense?
6. 0:16>> Makes sense for the most part, yeah,
7. 0:17makes sense for the most part.
8. 0:18>> Got it.
9. 0:19>> page today, yeah.
10. 0:21>> Okay, perfect. So, we'll go through it
11. 0:22in the sort of back testing today as
12. 0:24well to sort of incorporate basically
13. 0:27what a good one and what a bad one sort
14. 0:29of looks like is this.
15. 0:32Yeah.
16. 0:34And then this.
17. 0:39Let's say here, so and then even this.
18. 0:44One here, so it needs to be coming into
19. 0:47a sort of obviously the 15-minute we're
20. 0:48looking for this week. It does need to
21. 0:50be coming into a lower time frame zone,
22. 0:52so if I took this as my sweep and let's
23. 0:56say my failed to close here.
24. 1:00This is probably valid right because we
25. 1:02have a clean
26. 1:03six tap
27. 1:05coming out of it. Nice. This here, let's
28. 1:07say we sweep this wing low.
29. 1:09This
30. 1:12is not going to be a good one. Why?
31. 1:13Because we don't have
32. 1:15a six tap right after sweeping this
33. 1:16wing, we're not tapping
34. 1:18into the six tap to push higher and this
35. 1:20wing low here
36. 1:22I can't use it because this low didn't
37. 1:25make a higher high, so
38. 1:27if we swept this
39. 1:29it's not relevant. I know we talked
40. 1:30about um
41. 1:34using this as a potential entry if we do
42. 1:37this.
43. 1:40So, I can look for it in this one here
44. 1:42because like I said, we've already got
45. 1:44our
46. 1:45six tap. So, basically when you're
47. 1:46really looking for a trade, then you can
48. 1:47use it compared to random areas.
49. 1:52And yeah, we'll just uh
50. 1:54do some
51. 1:55back testing on that today. Let's see
52. 1:57when we had these um
53. 2:00For my section, I'm not strong trend. I
54. 2:02got this little bit nice strong trend.
55. 2:04So, we can start some
56. 2:07examples. Okay, so again, we start on
57. 2:08the 15-minute time frame. We can see
58. 2:11pretty clean clear uptrend. We're
59. 2:13looking for lows to be swept.
60. 2:16Maybe this one here.
61. 2:18Maybe this one here.
62. 2:23And then, where would you go bullish or
63. 2:24bearish? If the first say you go bearish
64. 2:26if this low breaks.
65. 2:30>> Yeah.
66. 2:30>> So,
67. 2:31perfect. So, really my range is between
68. 2:33this low and this high. I'm looking for
69. 2:35maybe a failed sweep here, a failed
70. 2:36sweep here, a failed sweep here. And
71. 2:37again, all these six taps on the lower
72. 2:40time frame
73. 2:41that makes sense. Well, if we sweep
74. 2:43that, we have
75. 2:45a six tap on this zone. So, this is
76. 2:46valid. If we sweep this,
77. 2:49six tap on this zone. So, this is valid.
78. 2:51And then, if we sweep this, you can see
79. 2:54it's a
80. 2:57six tap in this zone. So, all of those
81. 3:00are valid. It's just simply saying
82. 3:02if we will uh
83. 3:04get one
84. 3:05or not.
85. 3:07Okay, this potential one here.
86. 3:10I can see we swept the one of the down
87. 3:11candle
88. 3:13below the close. And like I said, we are
89. 3:14coming into
90. 3:16a six tap
91. 3:18on lower time frame. So, let's drop to
92. 3:19the
93. 3:21one minute. We'll see what we
94. 3:24uh
95. 3:25In terms of confirmation, we don't
96. 3:26really have much structure on the one
97. 3:27minute. Re-enter this five minute? You
98. 3:30guys happy with that or
99. 3:33>> Yeah, I'll see what it Yeah, yeah. All
100. 3:35right.
101. 3:36>> Yeah.
102. 3:38To be fair, yeah, if it reverses this
103. 3:39five minute off this failed close and
104. 3:42zone here, I'd be happy to give it a
105. 3:44shot.
106. 3:47Okay, we don't do that. And we've dumped
107. 3:49straight lower. So, we see no reason for
108. 3:52entry. Now, we're not taking this belt
109. 3:53close cuz we said this is really my
110. 3:55change bias. High and low, high and
111. 3:57high.
112. 3:58Low and low, low and low. So,
113. 4:00let's see if we can look for sort of
114. 4:02plays
115. 4:05the other way.
116. 4:07Okay, so
117. 4:09obviously if we're bearish now, we're
118. 4:10looking for swing
119. 4:13highs to be swept instead of
120. 4:16swing lows.
121. 4:18Let's see if we get a nice
122. 4:21mean one.
123. 4:25Okay, nothing yet.
124. 4:32Can we sweep this, but we're closing
125. 4:33above?
126. 4:37Okay, this is interesting. As you can
127. 4:39see, we swept this,
128. 4:40but no reaction off the sweep. So, you
129. 4:43could have looked for a possible short
130. 4:44there, but you can see off the sweep,
131. 4:46then high and low, high and high. No
132. 4:48sort of
133. 4:49shift in structure also.
134. 4:51No reason to take
135. 4:54that long. We'll see
136. 4:56if we can get another one. Okay,
137. 4:57interesting. We push in.
138. 5:00Higher, let's see if we can get
139. 5:01something here.
140. 5:04Okay, this is nice. So,
141. 5:07we said we were bearish in this zone.
142. 5:11Now, we have swept
143. 5:14this tap here.
144. 5:20Even possibly got a shift in structure.
145. 5:23Come back into this area, and now
146. 5:27sweep, fell to close. So, would you guys
147. 5:29be happy looking for possible shorts
148. 5:31here? If I drop down to the lower time
149. 5:33frame, too. Again, we're looking for a
150. 5:34clean Yeah?
151. 5:35>> My question is though, on that cuz we
152. 5:37got the sweep, the initial sweep of
153. 5:39four, but it wasn't we didn't get the
154. 5:41fell to close with the bullish candle,
155. 5:42right?
156. 5:43>> Yep.
157. 5:44>> So, are
158. 5:46would that not be invalidated and then
159. 5:48like I'm just trying to I'm a little
160. 5:49confused here because now you're taking
161. 5:50the field of close on the on the after
162. 5:53the flip. Yeah. Or would that be a whole
163. 5:55another zone?
164. 5:56>> Got you. Exactly. Exactly. So like I
165. 5:58said, so when we're bearish like we said
166. 6:01we are,
167. 6:02yeah, we're looking for the sweeps and
168. 6:04fails to close of swing highs. Yeah. But
169. 6:06the criteria is it needs to be a six
170. 6:09tap.
171. 6:10And that high
172. 6:13yeah, so basically the criteria is it
173. 6:14needs to be a six tap. So let's say
174. 6:16we're taking this
175. 6:19we said here this was the fail to close.
176. 6:21>> Yeah.
177. 6:21>> On the 15 minutes. So when I go on my
178. 6:23lower time frame, okay, does this make
179. 6:25sense with structure and the six tap? So
180. 6:27if I look at my lower time frame we
181. 6:30we have
182. 6:31our external leg between
183. 6:38>> Okay, so I think that's what I where I
184. 6:39was missed out. So now we have a whole
185. 6:41new external
186. 6:43high and low is what we're Okay.
187. 6:44>> Exactly. Exactly. So now this is our
188. 6:46external from this high to this low. We
189. 6:48swept liquidity coming to this zone
190. 6:51here.
191. 6:53And now we can look for possible shorts
192. 6:54down. Does that make sense?
193. 6:55>> Yeah, yeah, cuz now we're now we're
194. 6:56looking at a whole new zone. That's what
195. 6:58I was trying to just make sure. Okay,
196. 6:59okay.
197. 6:59>> Okay, perfect. Perfect. So yeah, this
198. 7:01makes sense. I'm happy to look for
199. 7:03potential shorts. Obviously we go on the
200. 7:04one minute now and we look for some sort
201. 7:06of confirmation. We can turn on the EMA
202. 7:08here and see
203. 7:10what we have. Possibly you guys looking
204. 7:13at this low, too?
205. 7:17If we can maybe inverse Yeah,
206. 7:20yeah, perfect. If we can take that low.
207. 7:24Let's see how we react or not.
208. 7:29Okay, interesting. How about this,
209. 7:31though?
210. 7:34If I look at this, you can see we tapped
211. 7:35into here.
212. 7:41Failed to make a new high.
213. 7:43Closed
214. 7:44below this low.
215. 7:47And under
216. 7:49both EMAs now. So, given the context of
217. 7:54the higher time frame
218. 7:55and now the
219. 7:58lower time frame too. I personally would
220. 8:00be happy to start looking for my short.
221. 8:02Would it Would anyone not be?
222. 8:06>> I think Personally for me, I think I'd
223. 8:08wait till it closes under that S&DR.
224. 8:10That whole
225. 8:11because I mean in in recent times I've
226. 8:14seen something like this and then it
227. 8:15still rejects from there afterwards,
228. 8:18right? So, I don't know. Personally just
229. 8:19Yeah, I think I'd wait for it to close.
230. 8:21>> exactly. Exactly. And it's It's not
231. 8:23really a right or wrong cuz it just
232. 8:24comes down to your risk tolerance and
233. 8:26how you
234. 8:27what sort of confirmation you want to
235. 8:28wait for. So,
236. 8:30let's see
237. 8:31if it'll be worth it or not. If I get
238. 8:331:1.5, at least it is low. Perfect. And
239. 8:36I am expecting If we go back to the
240. 8:3815-minute rate, we said structure is
241. 8:39bearish from this high to this low. So,
242. 8:41this is just
243. 8:43Now we shifted bearish.
244. 8:47We're just expecting price is now in
245. 8:50this expansion phase
246. 8:52back down towards this low. So,
247. 8:54obviously I'm expecting price to go take
248. 8:56out number five down low. But I just
249. 8:58take my 1:1.5, which matches with this
250. 9:00internal low, too.
251. 9:02Play that out.
252. 9:05Okay, nice. So, I've got a deep
253. 9:06pullback, but
254. 9:09it did uh respect our good entry with
255. 9:11stop loss above this high, not this
256. 9:12high, but respected it and then
257. 9:14continued lower
258. 9:16to that low there. That makes sense?
259. 9:21>> Yeah, yeah, that makes sense.
260. 9:22>> Yeah. See, that's what I That's exactly
261. 9:23what I was saying where that that S&DR
262. 9:25got when it got and pushed it back up.
263. 9:27>> Yeah, for sure.
264. 9:28>> Yeah.
265. 9:29>> For sure. For sure. What you can do as
266. 9:31well sometimes is been on You can just
267. 9:32put it slightly above this wick cuz
268. 9:33sometimes price will come, wick it
269. 9:35again, and then move lower. It's not
270. 9:37often but it does happen sometimes so
271. 9:39it's still valid because it never closed
272. 9:40but if you do want to put it out there
273. 9:41also just tiny bit of confirmation.
274. 9:43>> Yeah, definitely still a good trade. I
275. 9:44just think I would have waited yeah
276. 9:45waited till it closed under the S&D or
277. 9:47for sure.
278. 9:47>> No stress at all no stress at all. But
279. 9:50okay sweet so
280. 9:52let me just
281. 9:54I'll leave the trades on so we can
282. 9:56see at the end.
283. 10:02All right now again we're still bearish
284. 10:04but expecting this
285. 10:07low
286. 10:10to be taken possible when you S&D or
287. 10:13here that's going to be responsible for
288. 10:15taking this low.
289. 10:16Let's see okay a straight straight down
290. 10:18so again still bearish looking at
291. 10:21possible swing highs
292. 10:23to be swept and then um
293. 10:27looking for shorts.
294. 10:33Okay we
295. 10:38Okay got one here
296. 10:40in this S&D or as well.
297. 10:43So let's see if we drop down to the
298. 10:44lower time frame
299. 10:47how that looks.
300. 10:50So again I want to make sure it is a
301. 10:51lower time frame zone so this is my
302. 10:52lower time frame zone.
303. 10:55We did just
304. 10:58sweep that now for shorts I'll probably
305. 11:00be looking at
306. 11:03this low here and I'm happy to be
307. 11:05possible not even possible but happy to
308. 11:06use this low here because we have
309. 11:10a big target down
310. 11:12to that as well. So you guys happy with
311. 11:13that as well?
312. 11:17>> Yeah yeah looks good.
313. 11:18>> Perfect so let's see if we do close
314. 11:21above it or not.
315. 11:22Does it close below it?
316. 11:24Okay let's see if we just close above on
317. 11:25the 15 because then it does become
318. 11:28invalid okay so we closed above
319. 11:30on the 15 now I'm not really too
320. 11:35interested.
321. 11:37Let's see if we can get a potential
322. 11:40another one cuz I am still favoring
323. 11:43shorts.
324. 11:52Okay, we finish Okay, now interesting.
325. 11:54So,
326. 11:55we can see even here we had a
327. 11:59sweep of this swing low bearish rails
328. 12:01are closed and then inverse, but based
329. 12:04on this overall 15
330. 12:10being bearish like we said
331. 12:12from
332. 12:14this breaker structure this high to this
333. 12:15low and the fact that we're reacting
334. 12:17from the SMD are responsible for taking
335. 12:20this low, would you feel comfortable of
336. 12:22taking this bullish one here?
337. 12:26>> No, no.
338. 12:28>> Exactly. Not quite exactly. I would I
339. 12:29would even though we're at that I
340. 12:30wouldn't have
341. 12:32taken that one there.
342. 12:36But interesting Okay, now we've had
343. 12:39we've tapped into FL to make a new low
344. 12:41and break a structure.
345. 12:43Is it fair to say that currently
346. 12:46buyers are in control as long as we
347. 12:47respect this high, low, high high and
348. 12:49then when we break back below here,
349. 12:51we're back in that expansion phase.
350. 12:53Otherwise, currently buyers are in
351. 12:54control. Does that make sense?
352. 12:59Let's see.
353. 12:59>> Yeah, for sure.
354. 13:00>> Perfect. So, let's see if we get
355. 13:04a bullish one.
356. 13:06Okay, rip top. So, there you go. That
357. 13:07was the early sign of a change of
358. 13:08character anyways. We did come back to
359. 13:1150% you can see up this zone as well.
360. 13:14And push higher. Now, we can sort of
361. 13:16redraw this all
362. 13:20and say, "Okay, we have shifted from
363. 13:21bearish
364. 13:23to
365. 13:26bullish now and start looking at the
366. 13:29opposing sort of
367. 13:32setups. Let's see if we can get one. I
368. 13:34don't need
369. 13:35this one.
370. 13:37This is our highest good target. I think
371. 13:39it's there. Yes, this is Thursday. This
372. 13:40is Wednesday high day, so
373. 13:42let's see if we can take that out.
374. 13:50Okay, interesting here. I think
375. 13:56Okay, so we swept this swing low here.
376. 13:59If I drop down to lower time frame, this
377. 14:00is going to look like a six-tap in my
378. 14:02opinion. Okay, so
379. 14:04if I draw this zone here,
380. 14:08this
381. 14:09is a six-tap, right? But what's one
382. 14:11thing wrong
383. 14:13with this lower time frame six-tap
384. 14:14currently if I was to take this?
385. 14:20>> The fill of the close.
386. 14:23>> Uh so, we filled the close, we filled,
387. 14:24which is a good sign of bullish.
388. 14:27But there was um
389. 14:29there's something why I wouldn't take
390. 14:30this sweep and rip currently.
391. 14:34Only because if I look at
392. 14:37this zone here,
393. 14:38to technically this tap,
394. 14:41right? It mitigated
395. 14:46this zone here, right? So, if I was
396. 14:48taking a long from this zone, I'd want
397. 14:52this low here to be swept first.
398. 14:56And then push higher because if I'm
399. 14:58taking this as my six-tap, it's going to
400. 14:59be 1 2 3 4
401. 15:015. Does that make sense?
402. 15:07>> Yeah.
403. 15:08>> Yeah.
404. 15:09>> Perfect. Perfect. So, let's go back to
405. 15:11the 15 and let's see. [snorts]
406. 15:15So, okay, that
407. 15:17liquidity we had on our
408. 15:2015-minute on our 1-minute, sorry. That
409. 15:22isn't a swing low on the 15 minute, but
410. 15:24this one is, but we said that that isn't
411. 15:26valid. So, let's see what we do.
412. 15:32Let me see if we did sweep that or not.
413. 15:34This low is
414. 15:3657025,
415. 15:3757025, so equal.
416. 15:40Okay, interesting. So, is this play now
417. 15:44still valid? So, we got a fail to close,
418. 15:46quite interesting. We've got a fail to
419. 15:48close.
420. 15:49Now, this is still valid until we
421. 15:52close below the low that swept. So, this
422. 15:54was the low that swept there. We haven't
423. 15:56closed below. We wicked it. We wicked
424. 15:57it. But, now what do we realize? We've
425. 15:58actually come
426. 16:01and So, this was the fail to close one.
427. 16:08And the exact point was
428. 16:10here.
429. 16:13So, can you see we still got the fail to
430. 16:14close and now we've swept the low that
431. 16:18makes it make sense as a six tap. So,
432. 16:20now it's still a valid trade. Does that
433. 16:23make sense?
434. 16:25>> Yeah. Yeah.
435. 16:26>> Perfect. So, but if it swept this
436. 16:28liquidity, but then closed below that
437. 16:30candle on the 15 minute, that would be
438. 16:31invalid. But, we swept it, still kept
439. 16:34that valid with the close and now swept
440. 16:35the six tap. So, perfect shift. I'm
441. 16:38happy just to take
442. 16:40this high here
443. 16:43as my shift. Okay, nice close above.
444. 16:46Let's see where I can get a wand.
445. 16:51It's at 1.5 at the high.
446. 16:55Let it play out.
447. 16:57Okay, nice little target. Let's see if
448. 16:59it does.
449. 17:01And I've taken the high or not.
450. 17:03I think it did. Okay, nice. There it is.
451. 17:08So, this was still valid because it
452. 17:10failed to close. Lower time frame six
453. 17:12tap first. And this is also nice though
454. 17:13because it does allow you to sort of
455. 17:15when we have big bullish moves, you can
456. 17:17still get involved
457. 17:19in it because you still have the exact
458. 17:20same setup where you have sweep, you
459. 17:22have a lower time frame so you have
460. 17:24confirmation.
461. 17:25You can ride it
462. 17:26upwards.
463. 17:28All right.
464. 17:29>> So now but you know you know that this
465. 17:31failed to close here.
466. 17:32>> Yeah.
467. 17:33>> The initial one you marked.
468. 17:34>> Mhm.
469. 17:35>> That's a bearish candle, no?
470. 17:37>> Yes. So when we sweep lows, it has to be
471. 17:40bearish. When we sweep highs, it has to
472. 17:41be a bullish candle.
473. 17:44>> Oh, okay.
474. 17:45>> All right.
475. 17:45>> That's a little confusing. Yeah, yeah,
476. 17:47yeah.
477. 17:47>> for sure. I know it's a bit offset cuz
478. 17:48before we were doing highs, but yeah,
479. 17:50when it's lows, it has to be a bearish
480. 17:51candle. Nice.
481. 17:53>> So your zone So your your six tap is
482. 17:55still we're creating our six tap still
483. 17:57on our five minute.
484. 17:59>> Uh you can drop down to sort of even the
485. 18:01five minute here. It's perfectly valid.
486. 18:031 2 3 4 5. But again, on the five
487. 18:05minute, can you see that this is the low
488. 18:07for the six tap, not this low.
489. 18:08>> Yeah, exact exactly.
490. 18:09>> Exactly, exactly. But if we swept this
491. 18:11low and then closed below that 15 minute
492. 18:13candle, it's invalid. But we
493. 18:15[clears throat] swept below but still
494. 18:16respected that failed to close candle so
495. 18:17it all aligned in the end. I like that
496. 18:19yeah and then you can still get involved
497. 18:21in and price is pushing up. You don't
498. 18:23really necessarily have to wait for the
499. 18:24>> That's low.
500. 18:25So we swept that low, that number four,
501. 18:28and then the bearish candle before it,
502. 18:30we didn't close below that one is what
503. 18:32you're saying.
504. 18:32>> Exactly. The one that swept the low.
505. 18:35>> Yeah, yeah, okay.
506. 18:36>> Yes, exactly. Nice, nice.
507. 18:38And then
508. 18:40let's
509. 18:42see what we have.
510. 18:47See.
511. 18:49So that was What was this one? This was
512. 18:51Wednesday, this was
513. 18:53Thursday. So again, about
514. 18:55one a day. We'll see if we can
515. 18:58See if I can start to get a trend. So
516. 19:01we did take this low here.
517. 19:06So we'll see.
518. 19:09We have
519. 19:13This maybe this high will get a failed
520. 19:14close because when that comes into that
521. 19:17SNDR and then this will be our lower
522. 19:19time frame.
523. 19:21If I drop down, this will be a nice
524. 19:22lower time frame 1 2 3 4
525. 19:245.
526. 19:26But we'll see if we
527. 19:29if we get that low.
528. 19:33Okay, for example, we got one here.
529. 19:37I'll drop down to lower time frame.
530. 19:42This
531. 19:43isn't really tapping into
532. 19:45a six tap,
533. 19:47whereas this one is. So, I'm not just
534. 19:48taking every sort of swing high and
535. 19:50swing low. This high is going to be a
536. 19:51lot better than just taking this high
537. 19:55here. So, I'd rather wait for this. See
538. 19:57if we get a 15-minute close and we have
539. 19:58a clean six tap compared to it's not
540. 20:00really a a six tap here.
541. 20:10Okay, that's invalid there right cuz we
542. 20:12closed
543. 20:13above it, but we'll see if maybe we get
544. 20:15one on the way down or another one
545. 20:16within that SNDR.
546. 20:24Okay, not looking like we want to flip
547. 20:25bullish here again.
548. 20:29Okay, let's see if we are
549. 20:31rejecting here
550. 20:35or not.
551. 20:40Okay, back to bullish flow.
552. 20:43We did get a new breaker structure. I
553. 20:46know my 15-minute bias is a bit easier.
554. 20:49From here to here, we have a little sort
555. 20:51of SNDR area here.
556. 20:54If price could tap into to uh
557. 20:57push higher, so we'll see if we
558. 21:03get played there or not.
559. 21:06Okay, this here.
560. 21:09Okay, I can't take this though sorry cuz
561. 21:10it's not going to be bullish candle, not
562. 21:12bearish.
563. 21:17Okay, now we're definitely looking
564. 21:20for selling.
565. 21:22oil
566. 21:26We swept these but
567. 21:28close below.
568. 21:36Okay, let's see this just out of
569. 21:38interest.
570. 21:43I can see we took this low. So, we did
571. 21:46get a break structure for the downside
572. 21:47here. We had
573. 21:49this high to this low.
574. 21:52And I see we did have a
575. 21:54failed to close here. You see this high
576. 21:56swing high. This candle out obviously
577. 21:58have to make sure it doesn't make sense
578. 22:00on a lower time frame. So, if I'm using
579. 22:02a lower time frame, I have
580. 22:04this structure. High, low, high
581. 22:09lower low.
582. 22:10I can see we had
583. 22:14a nice POI here.
584. 22:16If we sweep this high too,
585. 22:18yeah, we swept that
586. 22:20too. So, I can possibly
587. 22:31look at it like that as well on a
588. 22:33possible short. Does that make sense?
589. 22:36We had a 15-minute close and then it did
590. 22:39come into a clean 1-minute six up as
591. 22:41well.
592. 22:47And then we'll see if we do get
593. 22:50some sort of
594. 22:52shift or close reaction.
595. 22:55Okay, we'll see if we're putting a new
596. 22:56swing high or
597. 22:59not.
598. 23:10Did we come above this high?
599. 23:12No, we didn't break this high.
600. 23:16So, the fair value gap is still valid.
601. 23:19Let's see him come back and take this
602. 23:21low.
603. 23:25Okay, so based on that,
604. 23:27we came into this zone,
605. 23:3050% mitigate this, failed to make a new
606. 23:32high, closed below it, and then closed
607. 23:34back above the uh below the EMAs. So,
608. 23:36similar to the first one. Would you feel
609. 23:38comfortable shorting this now or not?
610. 23:49>> Yeah, at that point, taking that low, I
611. 23:51think so.
612. 23:52>> Yeah, I agree with you as well. I'm
613. 23:53happy
614. 23:55to look
615. 23:56for short as well. Again, let's see if
616. 23:58we can get the one.
617. 23:59I can ask you if you need to get the 1.5
618. 24:00before,
619. 24:02too. So, don't even have to wait for a
620. 24:03great entry.
621. 24:06See if I can dump down.
622. 24:09I'll definitely go break even on that
623. 24:10though. Oh, no, it's anyways.
624. 24:12Yeah.
625. 24:15It hit.
626. 24:17Again, so nice little
627. 24:19short play
628. 24:21there
629. 24:22as well. And now, let's see
630. 24:25if we are going to
631. 24:31continue bearish. We should take out
632. 24:33this low, and then we have a new
633. 24:35range
634. 24:38to go off.
635. 24:43Okay, looks like we gapped up overnight
636. 24:45and just went back to bullish.
637. 24:50New break structure.
638. 24:54New low here.
639. 24:58I think getting in the 50% range
640. 25:03Okay, swept this about to close but then
641. 25:05I don't think that was tapping into a
642. 25:06lower time frame zone.
643. 25:09Maybe this one here.
644. 25:17You can see anyways we swept and then
645. 25:19dumped straight through it no no
646. 25:21confirmation.
647. 25:25To say that. We'll see if we are still
648. 25:26bullish really from this low for this
649. 25:28high we'll see if we can
650. 25:31get another sort of
651. 25:34sweep of a lower anything.
652. 25:40Nothing so far straight straight dumping
653. 25:42we'll see if we take this low.
654. 25:47Okay, interesting.
655. 25:50Okay, it came all the way down but then
656. 25:52it ended up coming
657. 25:53back up so still bullish.
658. 26:00Still bullish until this
659. 26:04low holds.
660. 26:09Okay, this swept but with a bullish
661. 26:12candle so
662. 26:14can't do that sadly.
663. 26:19This swept with a bearish candle closed
664. 26:20below anyways.
665. 26:26So we can get a long to where the high
666. 26:28can new break structure and therefore
667. 26:29again still bullish
668. 26:31as long as
669. 26:32this low
670. 26:34holds.
671. 26:38Let's see if we get something there.
672. 26:43Okay, we swept this.
673. 26:45That was a close. Now I can already see
674. 26:46this coming into that 15 minute S&D as
675. 26:48well but if I go on that
676. 26:50no time frame I got something like that.
677. 26:53The if you go to 5 minute, might be a
678. 26:54bit more
679. 26:55obvious.
680. 26:59Yeah, can you see this nice
681. 27:02six step here?
682. 27:04On the 5 minute, so we got failed to
683. 27:06close.
684. 27:07Sweep, clean 5 minute zone. You can see
685. 27:10very bullish
686. 27:11EMAs. Now,
687. 27:13in terms of confirmation,
688. 27:17what would you sort of look at
689. 27:19here?
690. 27:24>> Yeah,
691. 27:25confirmation for me, I'll look at that
692. 27:26inverse fair value gap. What does it say
693. 27:28on the 5 minute Sorry, 1 minute time
694. 27:29frame, sorry.
695. 27:30>> Uh for sure. So, let me just mark out
696. 27:32that 5 minute gap there.
697. 27:37What if I go on the 1 minute?
698. 27:391 minute looks like this, so not really
699. 27:41much
700. 27:44>> Uh it depends how the EMAs are moving
701. 27:47once it makes its way up. Depends.
702. 27:49>> Yeah, what do you think?
703. 27:50>> Uh for for now, I'm staying out of that
704. 27:51one.
705. 27:52>> Got you, for sure. So, let's see how
706. 27:56Let's see how it looks.
707. 28:00Okay, interesting. So, we inverse this
708. 28:02now on the five.
709. 28:04Nice reaction. 1 minute here, so would
710. 28:07anyone
711. 28:08now feel comfortable taking this or
712. 28:10still sort of waiting or possibly just
713. 28:12leaving this one out?
714. 28:16>> If we can get a little a nice little
715. 28:18pullback into that fair value gap right
716. 28:20under that that um inverse, I think it'd
717. 28:23be good.
718. 28:24>> This one right here?
719. 28:25>> Yeah.
720. 28:26>> Got you, so let's see if we get decent
721. 28:301 to 1.5. Yeah, to be fair, it's pretty
722. 28:32much around
723. 28:33there as well.
724. 28:35So,
725. 28:36let's see if it
726. 28:43doesn't look
727. 28:49I don't think it's going to pull back.
728. 28:55Uh nice anyways, it did continue higher
729. 28:58and
730. 29:00I'd take the high off another sort of
731. 29:02felt close. Lower time frame zones, we
732. 29:05dropped down to the 1-minute
733. 29:07and push higher. So, if we look back,
734. 29:09that was one win, two wins, three wins.
735. 29:12Four out of four, which you can't
736. 29:13complain on what Wednesday, Thursday,
737. 29:17Friday,
738. 29:19Monday none, Tuesday one. So, you get in
739. 29:21one a day entry and obviously this is
740. 29:23one pair when you check three to five
741. 29:25different charts, most likely you are
742. 29:27going to get one during your search. So,
743. 29:29it's just having the patience to sort of
744. 29:32wait for the right one to come and wait
745. 29:33for it to align because when you do, as
746. 29:34we can see, the win rate is uh
747. 29:36pretty uh
748. 29:38pretty good. But, like I said, just the
749. 29:39same thing over and over
750. 29:43again. Does that all
751. 29:45make sense? Hopefully it does help you
752. 29:46out.