YouTube2Text

My 85% Win Rate No Wick Trading Strategy + Live Backtest — Transcript

by omarnowick · 62,223 words · 8,953 segments · language en · Watch on YouTube

Full transcript

  1. 0:00What's going on everyone and welcome to
  2. 0:02what is probably going to be the biggest
  3. 0:04video I've ever made on this channel.
  4. 0:06No, you do not have a bad psychology.
  5. 0:08You have a bad trading strategy. Now,
  6. 0:10before everyone gets offended, hear me
  7. 0:13out. So, you might be thinking, "But
  8. 0:15Omar, I trade ICT. I trade SMC, supply
  9. 0:18and demand, or support and resistance,
  10. 0:21Fibonacci." And yes, that's exactly what
  11. 0:24I mean. Now, don't get me wrong, I'm not
  12. 0:26saying these strategies don't work. They
  13. 0:28clearly work for some people. They just
  14. 0:30didn't work for me. Now, why? Because
  15. 0:33these strategies are opinion- based. I
  16. 0:36spent around a year jumping from
  17. 0:37strategy to a strategy, always thinking
  18. 0:39maybe this next one is the one. But no
  19. 0:42matter what I learned, I never became
  20. 0:44consistent. I'll give you one example
  21. 0:46that completely changed how I looked at
  22. 0:48trading. So, me and one of my friends
  23. 0:50both learned from the same exact mentor.
  24. 0:53One day, I called him while we were both
  25. 0:55looking at the same chart. I asked him,
  26. 0:57"Yo, are you in this trade?" He said,
  27. 0:58"Yeah." I was like, "All right, cool.
  28. 1:01Good stuff." You know, and then he goes,
  29. 1:03"Let's go. Price is pushing up." And
  30. 1:05then I looked at my chart and I was
  31. 1:06like, "Yo, I'm selling." And then we're
  32. 1:10both looking at the exact same market,
  33. 1:12same mentor, same strategy. Yet, one of
  34. 1:15us was buying and one of us was selling.
  35. 1:17Now, you might be wondering, why is
  36. 1:18that? That's because I saw one thing on
  37. 1:20one time frame and he saw something else
  38. 1:21on another time frame. And that's when
  39. 1:23it hit me. This isn't how I want to
  40. 1:25trade. I don't want to wake up every day
  41. 1:28asking myself, is this a valid setup? I
  42. 1:30want trading to be mechanical. Same
  43. 1:32rules, same stop-loss, same take profit,
  44. 1:35same risk every single trade. So, I
  45. 1:38spent months building what eventually
  46. 1:40became the NOIC strategy. A strategy
  47. 1:42that currently has around 85% win rate.
  48. 1:45A strategy that works on both forex and
  49. 1:48futures. A strategy that can be traded
  50. 1:50on live accounts and funded accounts. a
  51. 1:52strategy that doesn't require five
  52. 1:55monitors, 15 indicators or 10 different
  53. 1:57confirmations. It's literally one
  54. 2:00pattern. You follow these rules and
  55. 2:02that's it. And before you think, ah,
  56. 2:04this works only for me, let me show you
  57. 2:07what happened when other traders started
  58. 2:09using the exact same rules. Now, the
  59. 2:11results you see here are some of my
  60. 2:12students who were actually able to pass
  61. 2:14the fund accounts and get payouts. And
  62. 2:15this, you know, as you can see, it's
  63. 2:17filled, literally filled the screen.
  64. 2:18There's way way way more money payouts
  65. 2:21and people passing their funded. In June
  66. 2:24and July alone, we were able to pass one
  67. 2:26and a half funded accounts per day on
  68. 2:29average. So, this should tell you a lot
  69. 2:32about the strategy already. And now I'm
  70. 2:33here leaking the souls completely for
  71. 2:35free. Oh, and I completely forgot to
  72. 2:37introduce myself. My name is Omar, also
  73. 2:39known as Omar Noic on social media. And
  74. 2:41if you're wondering why my name is Omar
  75. 2:43Noik, well, it's because I trade the
  76. 2:44Noic strategy. Duh. Now, I already know
  77. 2:47what some of you are thinking. 85% win
  78. 2:49rate. Yeah, right. And honestly, I don't
  79. 2:52blame you. The internet is full of
  80. 2:53people claiming ridiculous win rates.
  81. 2:56They show their strategy. They show a
  82. 2:58couple of winning trades and then
  83. 2:59somehow they never actually prove
  84. 3:01anything. So, we're going to do
  85. 3:02something different. By the end of this
  86. 3:04course, we're going to live back test
  87. 3:06this strategy together and focus on the
  88. 3:08word live. And by live, I don't mean I'm
  89. 3:09going be choosing one week and like,
  90. 3:11"Okay, cool. You see here, we made this
  91. 3:12much blah blah blah." No, no, no, no. I
  92. 3:14don't want to cherry pick examples,
  93. 3:15stuff that already memorized, stuff that
  94. 3:17already know about. No, we're going to
  95. 3:19do it completely different. So, we're
  96. 3:20going to scroll to a completely random
  97. 3:23date, completely random chart and trade
  98. 3:25it live together so you can judge the
  99. 3:27strategy for yourself. So, my first
  100. 3:29proof was as you guys saw the results.
  101. 3:31And my second proof is going to be live
  102. 3:33practicing the strategy online live for
  103. 3:36you guys. You're going to see it by
  104. 3:37yourself. random dates, random bars,
  105. 3:40random charts, stuff. We might go two,
  106. 3:42three years back in the days. I don't
  107. 3:43care. Just to actually show you that the
  108. 3:45strategy works in front of your eyes.
  109. 3:47And in my opinion, that's the best way
  110. 3:49to learn. And I don't see anyone do this
  111. 3:51online because I'm sorry, excuse my
  112. 3:53French. They don't got the you know
  113. 3:54what, let me use a respectful word. They
  114. 3:56don't got the stomach to actually do
  115. 3:58that because they simply don't h they
  116. 4:00don't know how to trade the strategy or
  117. 4:02they're just claiming false win rate. My
  118. 4:04mission is to create 10,000 funded
  119. 4:06traders and I don't achieve that by
  120. 4:08lying to people. And I know a lot of you
  121. 4:10guys watching this are probably
  122. 4:11frustrated. You've been jumping from
  123. 4:13strategy to strategy, watching hundreds
  124. 4:14of YouTube videos, buying courses,
  125. 4:16learning one thing today, something
  126. 4:18completely different tomorrow, and
  127. 4:19somehow you're still not profitable. And
  128. 4:21trust me, bro, I've been there. That's
  129. 4:23exactly why I decided to record this
  130. 4:25entire course. Not to give you, you
  131. 4:27know, 10% of the strategy, not to leave
  132. 4:29out the important parts, not to tell
  133. 4:31you, oh, but the rest is inside my paid
  134. 4:33course. No, I'm giving you almost
  135. 4:35everything here. I'm going try to, you
  136. 4:37know, brainstorm as much as I can. And
  137. 4:39now, in return, I only ask you for a few
  138. 4:41things. Rule number one, watch this
  139. 4:43course from the beginning to the end. No
  140. 4:45skipping, no jumping around. I build
  141. 4:47this course in specific order. Every
  142. 4:49chapter builds on the previous one. If
  143. 4:51you skip the market structure because
  144. 4:53you think it's easy, you're probably
  145. 4:55going to struggle later. The way I read
  146. 4:57market structure isn't necessarily the
  147. 4:58way you read it. The way TJR reads
  148. 5:00trends isn't the same way I read trend.
  149. 5:02And that's exactly what I want you to
  150. 5:03learn my way first before trying to mix
  151. 5:05it with other concepts. Rule number two,
  152. 5:08take notes. I honestly don't know how
  153. 5:10long this course is going to end up
  154. 5:11being. Four hours, 5 hours, maybe six,
  155. 5:14six hours, I don't know. But I can
  156. 5:15promise you one thing. I'm recording
  157. 5:17everything from scratch. I'm not taking
  158. 5:19old YouTube videos and, you know,
  159. 5:21stitching them together. No, I'm putting
  160. 5:24everything I know into this one course.
  161. 5:25So, if you're lying right now in your
  162. 5:27bed watching on your phone, please pause
  163. 5:31the video, grab a notebook, open a word
  164. 5:33document, use your notes app, whatever
  165. 5:35works for you, because nobody will
  166. 5:37understand the strategy better than the
  167. 5:38version you write in your own words.
  168. 5:40Now, let's move to rule number three.
  169. 5:42Stick to the strategy for at least 3
  170. 5:44months. I don't care if you have one bad
  171. 5:46week. I don't care if you have one
  172. 5:48losing day. You're not allowed to quit.
  173. 5:50The reason most traders never become
  174. 5:52profitable isn't because they, you know,
  175. 5:54chose the wrong strategy. is because
  176. 5:55they never give one strategy enough
  177. 5:57time. If I can make money with these
  178. 5:59results and all the traders I just
  179. 6:01showed you can make money with these
  180. 6:02rules, there is absolutely no reason you
  181. 6:05can't. They're not smarter than you.
  182. 6:06They simply follow the process. So,
  183. 6:08please, please, please stick to the
  184. 6:09strategy at least 3 months out of 3
  185. 6:11months. If it doesn't work, okay, you're
  186. 6:13allowed to change it. And from
  187. 6:15experience, it shouldn't be taking you 3
  188. 6:17months to actually become profitable.
  189. 6:18Rule number four, please be patient.
  190. 6:20We're starting with the basics before we
  191. 6:22move into the advanced concept. Some
  192. 6:24people watching this don't even know
  193. 6:26what a candle is. Others are already
  194. 6:28profitable. This course is made for
  195. 6:30both. So even if something feels simple,
  196. 6:33trust the process. All right. And then
  197. 6:34rule number five. The way I teach this
  198. 6:36is very, very, very simple. First, I'll
  199. 6:39explain everything using, you know,
  200. 6:41drawings of the charts. I know you guys
  201. 6:43hate it. I hate it as well. But then
  202. 6:45after that, we'll do a quick quiz. Then
  203. 6:47we'll jump into the charts and apply it
  204. 6:49together. So please don't skip straight
  205. 6:51to the charts examples. The drawings are
  206. 6:53what will make everything click. So if
  207. 6:55you don't if you skip that part, you're
  208. 6:57not going to be able to understand the
  209. 6:58next parts. All right? So I know it's
  210. 7:00annoying to, you know, see people
  211. 7:01drawing and then jumping to the charts.
  212. 7:03But that's the best way to do it,
  213. 7:04honestly. So if whenever you see me
  214. 7:06drawing, please watch that and then once
  215. 7:08it's done, go to the charts. Otherwise,
  216. 7:10you're not going to be able to
  217. 7:11understand everything. Finally, if you
  218. 7:13enjoy this course and it helps you
  219. 7:14become a better trader, I would really,
  220. 7:16really appreciate if you subscribe to
  221. 7:17this channel. It genuinely helps me
  222. 7:19continue making free content like this.
  223. 7:21And make sure to save this video as
  224. 7:22well. I don't expect, you know, to
  225. 7:24finish a five hours course in one
  226. 7:25sitting. I don't know how long it's
  227. 7:26going to be. So save it in order for you
  228. 7:29to come back to it. Re-watch it. Take
  229. 7:31notes. Treat it like a re real course.
  230. 7:34You know, that's the that's the bad part
  231. 7:35about free courses. Usually people don't
  232. 7:37take it serious. But bro, trust me on
  233. 7:39this one. Take this course serious
  234. 7:40because it might change your life
  235. 7:41forever. Now, enough talking and let's
  236. 7:43get started. All right. So now what
  237. 7:45we're going to start with is going to be
  238. 7:47Forex versus futures. Now, I know most
  239. 7:49of you guys know what what is forex,
  240. 7:51what is futures, but I'm not talking
  241. 7:52about in general. I'm talking
  242. 7:54specifically about, you know, the noex
  243. 7:56strategy and actually you know like
  244. 7:58which one is better to trade. And funny
  245. 8:00enough, if you if you can't trade,
  246. 8:04you're not going to be able to get
  247. 8:05payouts and, you know, become profitable
  248. 8:07regardless if you're trading forex or
  249. 8:08futures. So, let's dig down. Even if you
  250. 8:11know the difference, make sure to watch
  251. 8:12this because I'm g show you a different
  252. 8:14perspective on Forex versus futures
  253. 8:17because I was stuck not knowing which
  254. 8:20one to choose, if I should be trading
  255. 8:21forex or if I should be trading futures.
  256. 8:23And so what I did is I tried both and
  257. 8:26guess what? I was able to secure payouts
  258. 8:28on Forex and on futures. Now me
  259. 8:29personally, I've been trading more than
  260. 8:31four years now or almost four years
  261. 8:33actually, but been trading forex only.
  262. 8:37And one time I was like you know what
  263. 8:39let me try trading futures because
  264. 8:41obviously I have students who trade
  265. 8:43futures and I I want to be able to
  266. 8:44explain what is futures. So I went and I
  267. 8:47took an evaluation on or a funded
  268. 8:51account on futures and within seven days
  269. 8:54seven trading days I was able to secure
  270. 8:56two payouts on futures. So that was
  271. 8:58sweet and yeah like right now I'm mostly
  272. 9:02a forex trader but like I'm not hitting
  273. 9:04at futures at all. Actually I love
  274. 9:05futures. Like if I could go back in
  275. 9:07time, maybe I would trade futures, you
  276. 9:09know, like who knows? So, let me tell
  277. 9:11you the main differences. And just
  278. 9:13before we get into it, I want to show
  279. 9:14you one thing quickly. Look, this is a
  280. 9:17forex trader and this is a futures
  281. 9:19trader. Both of them are my students.
  282. 9:21Both of them are in the community. Both
  283. 9:23of them were able to get payouts. You
  284. 9:24see like this guy got it on forex and
  285. 9:26this guy got it on futures. So, this
  286. 9:28just to show you that no strategy works
  287. 9:31on both forex and futures. So, maybe you
  288. 9:34will decide to go with Forex. Cool.
  289. 9:35Maybe you decide to go with futures.
  290. 9:37Cool. Maybe you will actually decide to
  291. 9:39do both. I have a lot of students doing
  292. 9:41that and they're still also, you know,
  293. 9:42getting results. So, it's up to you if
  294. 9:45you want to do forex or futures. But my
  295. 9:47job is to actually show you the
  296. 9:48difference and like what each one means
  297. 9:51and which one you know like the good and
  298. 9:55bad of each one. Let's start with it. So
  299. 9:58when we say forex, forex is mostly you
  300. 10:02trade currency pairs such as euro USD,
  301. 10:06GBBUSD, USD, JPY. So the main job of
  302. 10:09forex is to actually trade currency
  303. 10:11pairs. You're not trading stocks. You're
  304. 10:13not trading indices. You're not trading
  305. 10:15other stuff. Okay? The main job on
  306. 10:17Forex, what you trade is currency pairs.
  307. 10:21Uh like these examples, it's pretty
  308. 10:23easy. Now in futures you don't trade
  309. 10:28that you trade actually indices or some
  310. 10:31people call them like you know stocks
  311. 10:32and in reality they're it is actually
  312. 10:34stocks in reality but like I like to
  313. 10:37call them indices or contracts let's
  314. 10:38call them. So, such as NASDAQ, ES, MNQ,
  315. 10:43MEES, you could trade oil, you could
  316. 10:46trade, I don't know, corn, you could
  317. 10:48trade copper, you could trade a lot of
  318. 10:50stuff on futures, but you see like
  319. 10:52they're not different. They're not the
  320. 10:54same. On forex, we were trading Euro
  321. 10:56USD, GBPUSD. You know, we're trading
  322. 10:58currencies like actual money currencies,
  323. 11:01different countries currencies here.
  324. 11:03here now we're trading the biggest 100
  325. 11:05technology stocks in the US or the
  326. 11:07biggest 500 stocks in the US and so on.
  327. 11:11So there's one thing in common in
  328. 11:13between in both of them you can buy and
  329. 11:16you can sell. So and in both of them you
  330. 11:19know they have something called prop
  331. 11:20firms. If you don't know what prop firms
  332. 11:22are we're going to talk about it
  333. 11:23slightly soon.
  334. 11:26Now in forex when we enter the trade we
  335. 11:28use something called lot size. We don't
  336. 11:30you know like it's okay I want to take
  337. 11:32this trade and every time the market
  338. 11:35moves this much I'mma be losing this
  339. 11:37much and in order to say okay how much
  340. 11:39you want to lose you have to put
  341. 11:40something called lot size and this is
  342. 11:42absolutely beginner's level which I'm
  343. 11:44going have you know a separate video
  344. 11:46explaining these small small small
  345. 11:47details which you don't really need to
  346. 11:49know about in this video I'm going to
  347. 11:51have it soon maybe in a week or so um
  348. 11:54you will learn a lot there about if
  349. 11:55you're complete complete beginner now
  350. 11:58this is still going to cover for a lot
  351. 12:00of beginner stuff but like that I'm
  352. 12:01talking if you're like never ever in
  353. 12:03your whole life open ch short ch short
  354. 12:04ch short ch short ch short ch short ch
  355. 12:04short ch short ch short ch short charts
  356. 12:04I'm have a different video you know
  357. 12:06separated for that like because now this
  358. 12:08is going to be more strategy that video
  359. 12:10is going to be actually how to enter the
  360. 12:12trade you know what I mean now on
  361. 12:15futures we use contracts such as micros
  362. 12:19minis and so on so that's the main
  363. 12:21difference between forex and futures
  364. 12:22when it comes to lot size and contracts
  365. 12:24now on forex the prop firms or eval are
  366. 12:29expensive ensive. So what are prop firms
  367. 12:30or eval or funded accounts, whatever you
  368. 12:32want to call it, call it. It's the same
  369. 12:34thing
  370. 12:35on a prop firm is pretty much a company
  371. 12:39that you pay them, let's say, $500 and
  372. 12:42then they give you $100,000 to trade
  373. 12:44with. You're like, "Oh, I get $100,000
  374. 12:47to trade with." Bro, what is this? This
  375. 12:49is scam. Wait, let me land. Uh, this
  376. 12:52pretty much the money they give you.
  377. 12:53They're not your money. They give you
  378. 12:55the money to trade with, but they don't
  379. 12:57give it to you directly. Okay, they give
  380. 12:59you challenges that you have to achieve.
  381. 13:01For example, hitting 10% target without
  382. 13:04losing 10% or hitting 4% target without
  383. 13:06losing 4% and so on. And to actually be
  384. 13:11able to know get the account, you have
  385. 13:14to first pass the EVA and then once you
  386. 13:17hit that target, that's when they give
  387. 13:18you the money. Now, obviously, they
  388. 13:20don't give you the 100,000 like, "Okay,
  389. 13:21cool. That's your money. Now you can
  390. 13:23withdraw it." No, they give you that
  391. 13:25money to be able to actually trade with.
  392. 13:27So you don't keep that money. And I have
  393. 13:29a separate video about this which this
  394. 13:31like is a game changer especially for
  395. 13:33people who just started trading or
  396. 13:35people who don't have a lot of capital
  397. 13:37to start with. You know if you don't
  398. 13:38have like 10 $20,000 in your live
  399. 13:40account then proper is the way to go. Um
  400. 13:45yeah that's how you actually get payouts
  401. 13:47and become you know to scale up to reach
  402. 13:50a level where you can trade live
  403. 13:51accounts. So,
  404. 13:54I have more in-depth video about it as
  405. 13:56well. We might cover it in this course.
  406. 13:58I don't know. It depends because I'm
  407. 13:59going try to record this whole course in
  408. 14:01one take. And now, what time is it now?
  409. 14:03It's 4:39
  410. 14:05a.m. So, if I get sleepy and I don't
  411. 14:07record this full course and I do it
  412. 14:09tomorrow, then I'll probably include it.
  413. 14:11If I just go to sleep now, I'm not going
  414. 14:13to include it. Okay? So these prop firm
  415. 14:17accounts, you know how I told you you
  416. 14:18have to pay initial fee, let's say $500
  417. 14:20to get $100,000 account or $100 to get
  418. 14:23$10,000 account on Forex, they're very
  419. 14:26expensive compared to futures. Like a
  420. 14:2950k account on futures is $100. On
  421. 14:32forex, they're like $300. So there is a
  422. 14:35difference in price between forex and
  423. 14:36futures. And right now I'm not giving
  424. 14:38you like exact number. I'm giving you
  425. 14:40giving and go like estimation because
  426. 14:42obviously there is a lot there's
  427. 14:44thousands of problems. So the prices and
  428. 14:47rules and so on defer from a company to
  429. 14:49a company. Now on forex these challenges
  430. 14:53that I talked about are harder to pass.
  431. 14:56It is you know harder to pass these
  432. 14:58evals on forex because usually what
  433. 15:01happens in forex you have to do
  434. 15:02challenge number one then challenge
  435. 15:04number two and then they give you the
  436. 15:07money and then you have to get your
  437. 15:08payout. Now on the other hand on futures
  438. 15:10it's easier to pass these evals. Why?
  439. 15:12Because they give you one account and
  440. 15:14they tell you okay pass it get the
  441. 15:17money. Don't pass it you don't get the
  442. 15:19money. Simple as simple as it is. So
  443. 15:21usually most of prop frames are one step
  444. 15:23on futures and there two steps on forex.
  445. 15:26Now you could find one step on forex and
  446. 15:29two steps on futures but like I'm
  447. 15:31telling you in general how the rules
  448. 15:33are. Now
  449. 15:35on forex you get to keep the funded
  450. 15:37longer aka more payouts from one
  451. 15:40account. So yes it is more difficult to
  452. 15:42pass the account. Yes it takes more time
  453. 15:44to actually pass the account but once
  454. 15:46you get the account you can secure a lot
  455. 15:48of payouts from that account. Why?
  456. 15:50Because they give you a bigger margin of
  457. 15:52error. So they give you let's say a 10%
  458. 15:55they tell you okay cool you can lose 10%
  459. 15:57before you blow your account. Now on
  460. 15:59futures it's easier to blow the funded
  461. 16:02aka less payouts. Although yes, it is
  462. 16:04easier to get a payout on futures, but
  463. 16:06you usually you don't get to keep the
  464. 16:08account for too long. So on forex, you
  465. 16:11can pass an account and keep getting
  466. 16:13payouts from it for the next 6 months.
  467. 16:15On futures, no, that's usually not the
  468. 16:18case. Obviously, there is exceptions,
  469. 16:20but usually that's not the case. You
  470. 16:21just pass the account, get one, two
  471. 16:23payouts, and that's it. And then you
  472. 16:24blow the account, and then you buy a new
  473. 16:26one, pass it, and then get payouts, and
  474. 16:27then blow it, and just keep going on.
  475. 16:31Now the reason for that is like you got
  476. 16:33to think about it on average I see
  477. 16:35people or at least people who using the
  478. 16:37no strategy it takes them one month to
  479. 16:39pass to pass the forex account and then
  480. 16:42it takes them here two weeks to pass the
  481. 16:45forex futures funded account but at the
  482. 16:48same time
  483. 16:50on forex these people yes although it
  484. 16:53took them one month they end up keeping
  485. 16:55the account for four or five months on
  486. 16:57futures no they only keep the account
  487. 16:59for
  488. 17:02sometimes less than you know weeks.
  489. 17:05That's just the truth behind it because
  490. 17:07the margin of error is very small here.
  491. 17:09Like here you have a trading draw down
  492. 17:11of usually 4%. Here usually you don't
  493. 17:14have a training draw down and you have
  494. 17:1610% to and to end up blowing the account
  495. 17:18[snorts]
  496. 17:19on forex you're to to get the payout
  497. 17:22it's you need smaller margin here. you
  498. 17:25know, you have to build a buffer and
  499. 17:26actually make more money to to actually
  500. 17:28be able to, you know, secure more
  501. 17:30payouts. Now, talking about the payouts
  502. 17:32on Forex, it's bigger payouts. On
  503. 17:35futures, it's smaller payouts. Now, why
  504. 17:36am I saying this? Because on Forex, your
  505. 17:39payouts usually are split like this. So,
  506. 17:41you remember how I told you you get a
  507. 17:42challenge, then they give you the money,
  508. 17:43and then the profit, you make profit.
  509. 17:45The profit on Forex are usually 20
  510. 17:4780/20.
  511. 17:49So, you keep 80% of the money, and they
  512. 17:51keep 20% of the money. on futures on
  513. 17:54your first payout usually is 50%. So you
  514. 17:57only keep 50% of the money. That's why
  515. 18:00on Forex it is bigger payouts than
  516. 18:02futures. So
  517. 18:05that's like I'm going you know pretty
  518. 18:07pretty basic about the differences.
  519. 18:09Obviously there is a lot more
  520. 18:11differences which we're going to cover
  521. 18:12later on when we talk about the main
  522. 18:14differences between forex and futures.
  523. 18:16Like I have whole list here you know
  524. 18:18these are my forex pairs. These are my
  525. 18:20futures pairs and so on. like we're
  526. 18:22going to talk about this way more in
  527. 18:23depth later. Now, there's two common
  528. 18:27things between Forex and futures. If you
  529. 18:30don't know how to trade or if you are a
  530. 18:32bad trader, you can't get payouts
  531. 18:35regardless. If you think, okay, I'm
  532. 18:38trading forex now. I'm going to switch
  533. 18:39to futures because it's easier. If you
  534. 18:41don't know how to trade, you're not
  535. 18:42going to be able to secure payouts here.
  536. 18:44And vice versa. If you
  537. 18:47trading futures and still not getting
  538. 18:48payouts, switching to Forex is not going
  539. 18:51to solve your problem. So that's the
  540. 18:53main difference, okay? Or the ma the
  541. 18:55common thing, sorry. Regardless what you
  542. 18:58trade, if you don't trade good, if
  543. 19:00you're not a good trader, if you don't
  544. 19:01know how to trade, if you don't actually
  545. 19:02have risk management, if you don't
  546. 19:04actually know what you're doing, if you
  547. 19:06don't study the strategy properly,
  548. 19:08you're not going to be able to secure a
  549. 19:09payout regardless. Regardless,
  550. 19:10regardless if it's forex or futures. All
  551. 19:13right. Now this is something not a lot
  552. 19:16of people know. Actually I was surprised
  553. 19:18how many how how do you call it? How few
  554. 19:22people know about this. You can trade
  555. 19:24forex pairs on futures and future
  556. 19:27indices on forex. What does that mean?
  557. 19:30You can trade something like euro USD
  558. 19:33GBPUSD USD JPY on futures. So even if
  559. 19:36you have futures account you can still
  560. 19:38trade these currency pairs on futures
  561. 19:41and vice versa. If you have a forex
  562. 19:44account, you still can trade NASDAQ or
  563. 19:47ES or you know ENQ and so on. So you can
  564. 19:51still trade forex pairs or currencies on
  565. 19:54futures and you can still trade future
  566. 19:57indices on forex. That's normal. A lot
  567. 20:00of people don't know about this but yes
  568. 20:02it is possible. So just to sum up the
  569. 20:04differences main differences between
  570. 20:06forex and futures. Forex is mostly
  571. 20:09currency pairs and while futures is
  572. 20:12mostly contracts like NASDAQ, ES and so
  573. 20:15on. In forex we to actually be able to
  574. 20:18calculate how much you want to win or
  575. 20:20lose or how much to risk we use
  576. 20:22something called lot size. On futures we
  577. 20:25use something called contracts like
  578. 20:26minis and micros. And then
  579. 20:30usually proper accounts or evil accounts
  580. 20:32are expensive when it comes to forex
  581. 20:35while on future they're cheap or not
  582. 20:39cheaper.
  583. 20:41Now on forex it is harder to pass the
  584. 20:43EVAL because you have two steps. Usually
  585. 20:46on futures it is easier to pass the
  586. 20:49EVLs.
  587. 20:51In forex you can keep the usually you
  588. 20:53can keep the funded longer aka you can
  589. 20:55get more payouts from one account on
  590. 20:57futures it is easier to blow the funded
  591. 21:00account. So futures you got to think
  592. 21:02about it like okay cool pass an account
  593. 21:04get a payout then the account's going to
  594. 21:06be gone again pass an eval get a payout
  595. 21:09account gone on forex no because you're
  596. 21:11putting time and effort into the account
  597. 21:13it's not going to be like this it's
  598. 21:14going to take you longer to pass the
  599. 21:16account but once you pass the account
  600. 21:18you start you know getting payout after
  601. 21:20payout after payout after payout and
  602. 21:21then you're going to blow the account
  603. 21:23then you have to pass the account and
  604. 21:24get a payout after payout after payout
  605. 21:26then you blow the account and so on.
  606. 21:29Last but not least, on Forex usually get
  607. 21:32bigger payouts because the split is
  608. 21:34better on futures the payouts are
  609. 21:37usually smaller.
  610. 21:39And then the common between the two,
  611. 21:40regardless which one you choose, if you
  612. 21:42don't know how to trade, you can get
  613. 21:44payouts. And if let's say you feel like,
  614. 21:47okay, cool, futures, prop firms, and
  615. 21:49rules just suit me better. I'm more used
  616. 21:52to futures, yet you still want to trade
  617. 21:54the forex pairs, you can do so. And if
  618. 21:56you're like, okay, cool. I just want to
  619. 21:58do forex, but I prefer to trade NASDAQ
  620. 22:01or ES and so on, you can still do. So, I
  621. 22:04just want to say one thing quickly. Uh,
  622. 22:06what was it? Actually, I forgot what was
  623. 22:08I going to say.
  624. 22:11Regardless which one you choose, you
  625. 22:14still have to follow a good plan. All
  626. 22:16right. And
  627. 22:19that should be it for the difference
  628. 22:21between Forex and futures. Oh, actually,
  629. 22:24yeah, there's one more thing. Some
  630. 22:26countries wouldn't allow you to trade
  631. 22:28forex and some countries don't allow you
  632. 22:31to trade futures. So sometimes it's not
  633. 22:33only you know which one you prefer.
  634. 22:35Sometimes you're forced to trade one
  635. 22:37another. Okay. Now let me know in the
  636. 22:39comments which one you actually prefer.
  637. 22:41Do you prefer to trade forex or you
  638. 22:42prefer to trade futures? Me personally,
  639. 22:45as I said, I've been trading forex for
  640. 22:46the last four years. That's why I'm
  641. 22:48stick to trading forex. But I still love
  642. 22:51futures. That's why I was able to get a
  643. 22:53payout on futures as well. And I still,
  644. 22:56you know, from time to time go through
  645. 22:58buy an account and then through a couple
  646. 23:00of trades and then get a payout and then
  647. 23:02blow that account again. All right,
  648. 23:03cool. That should be it. And now let's
  649. 23:05move to the next thing. All right, so
  650. 23:08now what we're going to talk about is
  651. 23:09trading sessions. Now hear me out. Even
  652. 23:11if you know this, this is very important
  653. 23:13cuz I don't know why. Okay, I genuinely
  654. 23:16don't know why most of futures traders
  655. 23:20only trade futures in New York. like I
  656. 23:23genuinely don't know why this is not the
  657. 23:26case with the noix strategy. All right.
  658. 23:28So now I'm going explain to you the
  659. 23:29trading sessions.
  660. 23:31Usually you have or not usually you have
  661. 23:33four actually four trading sessions out
  662. 23:36of Asia, London and New York. And then
  663. 23:41there's one more which is Sydney but
  664. 23:42Sydney is part of Asia. So that's why I
  665. 23:44don't like to count it. I just call it
  666. 23:46Asia. Okay. So you have three main
  667. 23:48training sessions. The no strategy works
  668. 23:50in Asia. London, New York, whichever
  669. 23:53session you want to trade, trade it
  670. 23:55because if you live that this means you
  671. 23:59can trade the strategy literally 247.
  672. 24:01Now, obviously, I'm not saying you
  673. 24:03should do that. All right? Just trade it
  674. 24:06whenever is the actually the best time
  675. 24:08for you. And what do these trading
  676. 24:10sessions mean? This means, okay, the
  677. 24:13banks, for example, in Asia are open
  678. 24:15from this time to this time. Now, I
  679. 24:17don't know in your time zone, but let's
  680. 24:18say you're in the US. Asia would be from
  681. 24:23let's say New York Asia New York like it
  682. 24:28would be in the afternoon for you and
  683. 24:30then if you live in let's let's just do
  684. 24:32it as if if you live in the US. So if
  685. 24:34you live in the US New York session
  686. 24:36would be morning for you and then Asia
  687. 24:38would be afternoon for you and then
  688. 24:40London would be midnight for you. Now
  689. 24:42obviously you're not going to be able to
  690. 24:44trade London in that case. Now for
  691. 24:46people who live let's say in Europe
  692. 24:49London would be morning for you and then
  693. 24:52New York would be afternoon and then
  694. 24:54Asia would be at night and then for
  695. 24:57people who living in Asia Asia would be
  696. 25:00morning for them London would be
  697. 25:01afternoon and then New York would be
  698. 25:03night. So this strategy no the noise
  699. 25:06strategy works in all sessions on forex
  700. 25:08and on futures. So it doesn't matter
  701. 25:10which time zone you live in. It doesn't
  702. 25:12matter if you live in Asia, Europe, uh I
  703. 25:17don't know,
  704. 25:19US, wherever you live, you can still
  705. 25:21trade the NOIC strategy in any session.
  706. 25:24Now, you might be like, okay, cool. So,
  707. 25:27what what do these sessions mean? These
  708. 25:29sessions pretty much is telling you when
  709. 25:31the banks are open. So, obviously,
  710. 25:35this is pretty, you know, I'm explain
  711. 25:37explain in very simple terms. each
  712. 25:39country you know the banks usually don't
  713. 25:42open in the evening right like if you
  714. 25:43live in where wherever you live do do
  715. 25:46your banks open in the night no they
  716. 25:48usually open in the morning so and you
  717. 25:50know the time zone differences right
  718. 25:52that's why we call each session has
  719. 25:55different banks that are active so if
  720. 25:57you live in Asia that means in the
  721. 25:59morning Asian sess Asia will be the the
  722. 26:01banks will be open now in general in
  723. 26:05general the price moves the most during
  724. 26:07New York and then after New York it's
  725. 26:10London and after that it's Asia. So Asia
  726. 26:14has the slowest price action then it's
  727. 26:16London then it's New York. Now what do I
  728. 26:18mean with that? That means how fast does
  729. 26:20the price move up and down? New York
  730. 26:22could be really volatile like that means
  731. 26:24price you know there's a lot of money in
  732. 26:27the market. So the price is going up and
  733. 26:29down up and down up and down really
  734. 26:31really really quick. Now London is a bit
  735. 26:33slower and then Asia is a bit slow okay
  736. 26:36or even slower. Now, does that mean New
  737. 26:38York is better or Asia is better or
  738. 26:40London is better? No. It's pretty much
  739. 26:42based on preference or wherever you live
  740. 26:44because I don't want you to be trading
  741. 26:47at 3:00 a.m. your time unless if you
  742. 26:49actually want to. But like you can trade
  743. 26:51whichever session you want, whichever
  744. 26:53time you live in, whichever time you're
  745. 26:55actually more comfortable with. Okay?
  746. 26:56Don't you don't have to tie yourself to
  747. 26:58trading a certain session. Like I have
  748. 27:01for example in the community people from
  749. 27:03Asia and people from the US and people
  750. 27:05from Europe. So whenever you actually
  751. 27:07want to trade, people are there trading.
  752. 27:09That's the best part. You know, I
  753. 27:11personally depends on my schedule. Maybe
  754. 27:14today I'm going to trade Asia, which is
  755. 27:15pretty late for me. And then tomorrow
  756. 27:17I'm going to trade London and then the
  757. 27:18day after I want to trade New York. In
  758. 27:20general, I prefer if you actually choose
  759. 27:22a certain time that you would actually
  760. 27:24trade with. Now, I'm going let you know
  761. 27:26how to actually know when does each
  762. 27:28session open according to your time
  763. 27:30zone. But before we do that, let me tell
  764. 27:32you which pairs are mostly active in
  765. 27:35which session. Okay, so on forex, if you
  766. 27:38tra trading forex, Asian currencies are
  767. 27:41the most active during Asia, right? I
  768. 27:43mean, it makes a lot of sense. Think
  769. 27:44about it, you know, just logically
  770. 27:46speaking. Asian currencies means or
  771. 27:50Asian banks are open during the Asia
  772. 27:52session. That means they're pushing
  773. 27:53money to Asian currencies. That's why
  774. 27:55they're the most active during Asia.
  775. 27:57What do I mean by Asian currencies? such
  776. 27:58as JPY, Japanese yen or Australian
  777. 28:02dollar. So these are the Asian
  778. 28:05currencies and they're very active
  779. 28:07during mostly active during the Asia
  780. 28:08session. Does that mean we're not
  781. 28:10allowed to trade JPY or AUD and other
  782. 28:13sessions? No, you're allowed to. And
  783. 28:15then futures too, it is active during
  784. 28:18Asia. This is a myth that you should
  785. 28:20trade futures only in New York is a myth
  786. 28:22and don't follow it. All right. Then in
  787. 28:25London,
  788. 28:27if you're trading forex, the most active
  789. 28:29pairs are European currencies such as
  790. 28:32Euro, GBP, CHF, you know, like Japanese,
  791. 28:37pound, U, Euro,
  792. 28:42what else do I have? European pairs. Let
  793. 28:44me see. Uh,
  794. 28:51I don't have many. You get the point.
  795. 28:53Let's stick to Euro and GBP for now. So
  796. 28:55these are the most common during London,
  797. 28:58right? Because European banks are open
  798. 29:00and then they're putting a lot of money
  799. 29:01into Euro and GBP. That's why it's the
  800. 29:03most common during London. And then
  801. 29:05futures too. Yes, you're allowed to
  802. 29:06trade futures during London. And then
  803. 29:08New York. New York, as I said, is the
  804. 29:10most common or the most active session.
  805. 29:13So for forex pairs mostly USD pairs you
  806. 29:16know like the American banks are open
  807. 29:18and all pairs okay all pairs in general
  808. 29:22are active dur New York that's where
  809. 29:23most of the money are getting into the
  810. 29:25market so that's why you can see all
  811. 29:27currencies are active during New York
  812. 29:30and then futures too obviously futures
  813. 29:32is very active during New York now how
  814. 29:34do you know which session opens at what
  815. 29:37time in your time zone
  816. 29:40all you got to do is I'm going to give
  817. 29:41you two ways
  818. 29:42one which is this l uh this website
  819. 29:45right here and then second one is going
  820. 29:46to be my indicator which I made
  821. 29:47completely for free for you guys and I'm
  822. 29:49going to tell you the name of it after
  823. 29:50that all you got to do is write baby
  824. 29:52pips and then go to whichever time zone
  825. 29:54you live in you know like Dubai for
  826. 29:56example or if you live in Singapore or
  827. 29:58if you live in the US let's go let's say
  828. 30:00New York let's say you live in New York
  829. 30:02or you know you live in this time zone
  830. 30:05and then here you can see okay Asia
  831. 30:08opens in your time zone at 5:00 p.m.
  832. 30:11until
  833. 30:13as I said, Tokyo, Sydney and Tokyo are
  834. 30:16the same session. So, it opens from 5:00
  835. 30:18p.m. to 5:00 a.m.
  836. 30:21New York time. And then London session,
  837. 30:24London session would open at 3:00 a.m.
  838. 30:27to 12:00 p.m. your time. Okay, New York
  839. 30:30session. New York session opens 8:00
  840. 30:33a.m.
  841. 30:34to 5:00 p.m. your time. 8 a.m. is
  842. 30:37because it's assuming Forex. If if
  843. 30:39you're trading futures, it should be
  844. 30:409:30 a.m. So, it's 8:00 a.m. and then
  845. 30:43until 5:00 p.m. And then sometimes you
  846. 30:44can see during the same time
  847. 30:48more than one session can be open,
  848. 30:49right? Like here for example,
  849. 30:52you see London and New York are both
  850. 30:54open at that same time. That's normal,
  851. 30:57you know, like that's before the banks
  852. 30:59closed in Europe and then that's still
  853. 31:01New York banks are still opening. So it
  854. 31:04it is common you know you can see two
  855. 31:07it's called overlap when both sessions
  856. 31:09are open at the same time. So yeah,
  857. 31:11that's the best way to find which
  858. 31:14session opens in which time. As I said
  859. 31:17in the no strategy, you don't really
  860. 31:18need this like this. I'm just giving to
  861. 31:20you as extra knowledge, you know, in
  862. 31:22case you're talking to someone, you
  863. 31:24don't really need to understand which
  864. 31:25session, but like it's also if you're
  865. 31:27new here, it's good to understand
  866. 31:28sessions a bit, right?
  867. 31:31And a better way to do this is just
  868. 31:36doing this
  869. 31:38adding my free indicator. You just go
  870. 31:41here to indicators on Trading View and
  871. 31:44you write Omar Noek
  872. 31:46and you will be able to find my free
  873. 31:48indicator. You press on it and then
  874. 31:51you're going to find it here.
  875. 31:56You press on settings
  876. 31:59and then you scroll down and you can add
  877. 32:01the sessions literally like that
  878. 32:04and you can change the colors as well if
  879. 32:06you want like you wish.
  880. 32:08Uh where is it? Asia and then you can
  881. 32:11put the text as well.
  882. 32:15Boom. And then you see like it's going
  883. 32:16to show you automatically in your time
  884. 32:18zone when is each session open. Now I
  885. 32:21don't really use that but if you feel
  886. 32:23like okay you still want to know the
  887. 32:24sessions you can do that through my free
  888. 32:27indicator and which has a lot more
  889. 32:29features which we're going to talk about
  890. 32:31later in the video like the noick and so
  891. 32:34on. Like these noix in case you're
  892. 32:36wondering oh what are these triangles?
  893. 32:38We're going to talk about that. No
  894. 32:39stress. Okay. So, yeah, that should be
  895. 32:41it for trading sessions. It's pretty
  896. 32:44easy, pretty simple. No need to over
  897. 32:46complicate it. As I said in the noe
  898. 32:48strategy, you can trade all sessions,
  899. 32:50Asia session, London session, New York
  900. 32:51session, and it doesn't matter which
  901. 32:54session you want to trade. I usually
  902. 32:56don't recommend you trade all sessions
  903. 32:57because, you know, we start trading to
  904. 32:59escape escape the 9 to5. So, don't sit
  905. 33:02on the charts and try to trade Asia,
  906. 33:04London, New York. Just choose one that
  907. 33:07works the best for your time zone and
  908. 33:09that's it. Like usually you should be
  909. 33:11trading the no strategy for one hour a
  910. 33:13day and that's it. Like you don't need
  911. 33:14more than one hour a day. So I prefer
  912. 33:17that you actually choose one session. Be
  913. 33:19like, "Okay, cool. I'm going to be
  914. 33:20trading from 8:00 a.m. to 9:00 a.m. my
  915. 33:22time and that's it." Or 8:00 p.m. to
  916. 33:249:00 p.m. my time. Or 12:00 p.m. to 1:00
  917. 33:26p.m. Or 12:00 p.m. to 2:00 p.m. and
  918. 33:29that's it. All right. So no need to
  919. 33:31overthink this. Now let's move to the
  920. 33:33next part. All right. So now what we're
  921. 33:34going to talk about is regular candles.
  922. 33:36Now you guys know I only trade no wick
  923. 33:39candles. What does a no candle mean? It
  924. 33:41means a candle with no wick. Now before
  925. 33:43we move to that, we're going to just
  926. 33:45explain what a regular candle is. I'm
  927. 33:47going to do it super brief. This is, you
  928. 33:49know, like the basic of the basic. If
  929. 33:51you already know it, feel free to skip
  930. 33:52it. I'm not going to be, you know, sad.
  931. 33:54You could just directly skip to the next
  932. 33:56part, which is going to be probably the
  933. 33:57mark structure. Or if you want to watch
  934. 33:59it, feel free to do so. This is going to
  935. 34:01take like one two minutes max and it's
  936. 34:03pretty easy you know. So
  937. 34:07you have two type of candles all right
  938. 34:09you have something called a bullish
  939. 34:10candle and then you have something
  940. 34:12called a bearish candle. These are the
  941. 34:14regular candles. All right there's not
  942. 34:16no candle. This is a regular candle. So
  943. 34:18what is a bullish candle? It is like
  944. 34:21this candle the green candle. Now it
  945. 34:23doesn't have to be green if you change
  946. 34:24it in the settings but usually if you
  947. 34:26have the default settings it's a green.
  948. 34:28And then what is a bearish candle? It's
  949. 34:30a red candle. Okay. Now, what does a
  950. 34:33bullish candle mean? A bullish candle
  951. 34:35means price went up. Now, a bearish
  952. 34:38candle means price went down. That's it.
  953. 34:42Like as simple as it is, that's all what
  954. 34:45it means. Bullish candle means price
  955. 34:47open, start pushing up directly. Bearish
  956. 34:50candle means price open and then start
  957. 34:52pushing down.
  958. 34:54Now
  959. 34:56a bullish candle
  960. 34:58opens from the bottom. All right, this
  961. 35:01is very important that you know it. A
  962. 35:02bullish candle always opens from the
  963. 35:04bottom and then when it closes, it
  964. 35:06closes from the top. That's it. So
  965. 35:10again, let me say it one more time. A
  966. 35:12bullish candle opens from the bottom and
  967. 35:15closes from the top. A bearish candle
  968. 35:18does the opposite. It opens from the top
  969. 35:22and closes from the bottom.
  970. 35:25That's it. Okay, that's like how to know
  971. 35:29how where candle opens and closes. So
  972. 35:32that's the only difference. Bullish
  973. 35:34candle opens from the bottom, closes on
  974. 35:36the top. Bearish candle opens from the
  975. 35:38top, closes from the bottom. Now, this
  976. 35:41right here is called a wick. This right
  977. 35:43here is called a wick. This right here
  978. 35:45is called a wick. This right here is
  979. 35:47called a wick. My name is Omar Noick. I
  980. 35:49don't have a wick, and you're going to
  981. 35:51understand why later.
  982. 35:53So
  983. 35:55yeah, that's it pretty much. And then
  984. 35:56this in the middle is called body. Okay,
  985. 36:01it's very very important if you're new
  986. 36:03here or not here. If you're new in
  987. 36:05general to trading, it's very important
  988. 36:06that you understand these words because
  989. 36:08I'm going be using them a lot. Like this
  990. 36:11candle opened here, this candle closed
  991. 36:12here. So it's very important that you
  992. 36:14know, okay, bullish opens here, bullish
  993. 36:16candle closes here, bearish candle opens
  994. 36:19here, bearish candle closes here. And
  995. 36:21then when I say, "Oh, but it's wicked or
  996. 36:24it made this wick or it has no wick."
  997. 36:26It's important that you know what is a
  998. 36:27wick. This is a wick. This is a wick.
  999. 36:29This is a wick. This is a wick. And then
  1000. 36:32everything in between is called a body.
  1001. 36:35Now I could directly quickly show you an
  1002. 36:38example.
  1003. 36:40You see
  1004. 36:43all the green candles are called bullish
  1005. 36:45candles. All the red candles are called
  1006. 36:47bearish candles. Now where did this
  1007. 36:49candle? So let's do this. Okay, this
  1008. 36:52candle, this bullish candle. It opened
  1009. 36:54here, closed here. Then the candle after
  1010. 36:58is also a bullish candle. Opened here,
  1011. 37:00closed here. Then the candle after is
  1012. 37:02also a bullish candle. Open here, closed
  1013. 37:04here. Then after that, the bearish
  1014. 37:07candle opened here, closed here. And
  1015. 37:09then the next candle, open here, close
  1016. 37:12here. Then the bullish candle after open
  1017. 37:14here, closed here. Open here, close
  1018. 37:17here. Open here, close here. Open here,
  1019. 37:20close here. That's it. That's all you
  1020. 37:22need to know. All right, very simple.
  1021. 37:24It's just pretty much telling you this
  1022. 37:26bullish candle is telling you price open
  1023. 37:27here, close here, and then the wick is
  1024. 37:30telling you where the price went. Okay,
  1025. 37:31it went down, then up, then end up
  1026. 37:33closing here. That's where this candle
  1027. 37:35closed. Same concept here. This candle
  1028. 37:38opened here, went up, down, closed here.
  1029. 37:41That's all you need to care about. Then
  1030. 37:43this is called the body.
  1031. 37:45And then this is called a wick. That's
  1032. 37:47it. All right. very very very simple
  1033. 37:49stuff. If you didn't get it, re-watch it
  1034. 37:51again. I don't want to, you know, go too
  1035. 37:52much about this cuz this is super basic
  1036. 37:54and I'm going have a longer video
  1037. 37:56explaining this super super basic stuff.
  1038. 37:59So, if you didn't get it, re-watch it
  1039. 38:00and it's very important for you if
  1040. 38:02you're complete complete beginner. And
  1041. 38:04now let's move to the next part. Now,
  1042. 38:06we're going to start with the exciting
  1043. 38:07part aka market structure. Let's get it.
  1044. 38:10All right. So, now what we're going to
  1045. 38:11talk about is advanced market structure.
  1046. 38:13Don't let this fool you. This is basics.
  1047. 38:16But you can see here we're going to be
  1048. 38:17talking about advanced market structure.
  1049. 38:20And
  1050. 38:21look, I want to be honest with you,
  1051. 38:23right?
  1052. 38:25Half of the strategy is knowing how to
  1053. 38:27read trend slashmark structure, whatever
  1054. 38:29you want to name. is very very very
  1055. 38:32important that you learn it the way I do
  1056. 38:36because even if you know how to read
  1057. 38:38market structure, it's going to be I can
  1058. 38:41guarantee you that it's going to be
  1059. 38:42different than the way I read market
  1060. 38:44structure because I have a let's say a
  1061. 38:47different way of reading market
  1062. 38:48structure that no one else does. All
  1063. 38:51right? And maybe the terminology is
  1064. 38:53going to be different. You know, when we
  1065. 38:54say break structure in ICT, it means
  1066. 38:57something and the way I use it, it means
  1067. 38:58something. So what we're going to do now
  1068. 39:00is I'm going to show it to you here. I'm
  1069. 39:02going to show you what is a change of
  1070. 39:03character, what is the break structure
  1071. 39:05according to me, uptrend, downtrend, and
  1072. 39:08then the three steps confirmation for
  1073. 39:10trend reversal. How I follow, let's say
  1074. 39:13for change of character, body closure
  1075. 39:15instead of
  1076. 39:17wicks and then after that we're going to
  1077. 39:19do a quiz. So we test your knowledge and
  1078. 39:22make sure that you actually understand
  1079. 39:24what's going on and make sure that you
  1080. 39:26actually know
  1081. 39:28how I read market structure and if you
  1082. 39:31answer the quiz right then you can
  1083. 39:34actually look on the charts how we do
  1084. 39:36it. If you don't get it right then
  1085. 39:39re-watch the whole thing. All right? So,
  1086. 39:41please focus now so that you can answer
  1087. 39:43the quiz right and then you can move to
  1088. 39:45the next step because if you get the
  1089. 39:46quiz wrong, you'll have to re-watch this
  1090. 39:48part and then do it again. Save yourself
  1091. 39:50some time and actually lock in. And
  1092. 39:54because the quiz is going to be tricky,
  1093. 39:55all right, I'm telling you from now, I'm
  1094. 39:57not supposed to say this, but the quiz
  1095. 39:58is going to be tricky. And at the end of
  1096. 40:01this, I'm going to show you a way to
  1097. 40:03actually be able to read market
  1098. 40:04structure mechanically and how to use
  1099. 40:07indicators and so on if you want to do
  1100. 40:09so. But it's very important that you
  1101. 40:10understand the basics first. Cuz if I'm
  1102. 40:12going to be completely honest with you,
  1103. 40:14there is no indicator that can read
  1104. 40:16market structure 100%. No indicator can
  1105. 40:19read it the same exact way humans read
  1106. 40:21market structure. With that being said,
  1107. 40:23let's get into it. So there's three
  1108. 40:26types of trends.
  1109. 40:28There is something called this is very
  1110. 40:31easy, very simple, uptrend, downtrend,
  1111. 40:34and then consolidation. Now
  1112. 40:38an uptrend
  1113. 40:40has another name which is
  1114. 40:43bullish trend right here. So an uptrend
  1115. 40:46can be called an uptrend or it can be
  1116. 40:48called bullish trend. And then for
  1117. 40:50downtrend it can be called bearish
  1118. 40:53trend. So whenever I say uptrend it
  1119. 40:56means bullish trend. Whenever I say
  1120. 40:57downtrend it means bearish trend. And
  1121. 40:58then if I say bearish trend means
  1122. 41:00downtrend. So whenever I say it get it
  1123. 41:03all right. And then we have
  1124. 41:05consolidation or horizontal trend. I
  1125. 41:08don't use the word horizontal trend. I
  1126. 41:09don't think anyone does. We just say
  1127. 41:11consolidation. The market's
  1128. 41:12consolidating.
  1129. 41:14Now
  1130. 41:15an uptrend from its name, right? The
  1131. 41:18price is trending upward. That's why
  1132. 41:20it's called up trend. In this case, that
  1133. 41:23means price is pushing up. And then a
  1134. 41:26downtrend or a bearish trend. Price is
  1135. 41:30pushing down. So price is moving down.
  1136. 41:33Price is trending downward like this
  1137. 41:37and then an uptrend price is moving up
  1138. 41:39like this and then consolidation as you
  1139. 41:42can see price is moving horizontally aka
  1140. 41:46it's not going up it's not going down
  1141. 41:48it's just moving horizontally and that's
  1142. 41:50it. So very easy, very simple, just
  1143. 41:53quick summary. An uptrend price is
  1144. 41:54moving up. A downtrend price is moving
  1145. 41:57down. Consolidation the market is moving
  1146. 41:59sideways. We don't trade that. So you
  1147. 42:02don't need to really focus about
  1148. 42:04consolidation. Okay? I don't care about
  1149. 42:06it. We don't trade it. So no need to
  1150. 42:08focus on it. What we care about is
  1151. 42:10uptrend and downtrend. Now let's start
  1152. 42:13with the uptrend.
  1153. 42:15This is how most online gurus Oops.
  1154. 42:19This is how most online gurus draw an
  1155. 42:21uptrend. Perfect example. You know, the
  1156. 42:24structure looks amazing and so on. In
  1157. 42:26reality, it doesn't look like this. It
  1158. 42:28looks something like this. Okay, that's
  1159. 42:30just the truth behind it. You know, like
  1160. 42:33mo when you go to the chart, the uptrend
  1161. 42:35is not like going to look like this.
  1162. 42:36It's going to look more like this. And
  1163. 42:38I'm going to show you how it's going to
  1164. 42:39look like with candles soon. Okay. So,
  1165. 42:42let's get into it. I know you might be
  1166. 42:44overwhelmed, but don't don't worry. I'm
  1167. 42:46going to go step by step. An uptrend
  1168. 42:50consists of higher highs and higher
  1169. 42:52lows. What does that mean? That means or
  1170. 42:54you could just memorize if you want.
  1171. 42:57This this HH it means higher high. And
  1172. 43:00this HL it means higher low. So the
  1173. 43:03market consists of higher highs, higher
  1174. 43:05lows, higher high, higher low, higher
  1175. 43:08high, higher low, higher high, higher
  1176. 43:10low, higher high, higher low. All right.
  1177. 43:14Now, why is it called higher higher and
  1178. 43:16higher low? I could explain to you. It
  1179. 43:19doesn't really matter. You know, you're
  1180. 43:21not going to benefit anything from it. I
  1181. 43:23will explain to you actually. You're not
  1182. 43:25going to benefit anything from it. But
  1183. 43:26in case, you know, you're having a
  1184. 43:27discussion with someone, it's good to be
  1185. 43:29educated about it. [snorts] This is
  1186. 43:31called higher high because this high
  1187. 43:33right here is higher than this high.
  1188. 43:37Then this is called higher high because
  1189. 43:39this high right here is higher than this
  1190. 43:41high. And then this higher is called
  1191. 43:44higher high because this high is higher
  1192. 43:45than this high. Same thing for higher
  1193. 43:47low.
  1194. 43:49This is called a higher low because this
  1195. 43:52low right here is higher than this low
  1196. 43:54right here. Then this is called higher
  1197. 43:57low because this low is higher than this
  1198. 43:59low. Now if you don't get it, don't you
  1199. 44:01know start overthinking it. It's not
  1200. 44:04that important. Trust me, it's not
  1201. 44:06important. Just important that you know
  1202. 44:08this is called higher high and this is
  1203. 44:10called higher low and that's it. And in
  1204. 44:12an uptrend the market consists of higher
  1205. 44:15high and higher low. Now this is very
  1206. 44:19important. When we break the highs it's
  1207. 44:21called breaker structure. I know some
  1208. 44:24other traders call breaker structure for
  1209. 44:26something else. So don't confuse
  1210. 44:27yourself. The way I do it is whenever we
  1211. 44:30break a high we call it break structure.
  1212. 44:34So you see we broke this high so we call
  1213. 44:36it break structure boss. Then we broke
  1214. 44:40this high. We call it break structure.
  1215. 44:43Then we broke this high. So we call it
  1216. 44:46break structure. So whenever we have a
  1217. 44:48new higher high in an uptrend, it's
  1218. 44:51called breakoff structure. That's it.
  1219. 44:53Because I'm going to use this word
  1220. 44:54often. So it's important that you
  1221. 44:55understand what it means. Whenever we
  1222. 44:58break a high,
  1223. 45:00we call it break structure. Okay. Now,
  1224. 45:05this is where most people mess it up. A
  1225. 45:07lot of people mess this up. And that's
  1226. 45:09why most people get faked out. A higher
  1227. 45:12low is only confirmed when we break the
  1228. 45:15highs. This is super super super
  1229. 45:17important. A higher low is only
  1230. 45:20confirmed when we break the highs. So
  1231. 45:23look, we have this higher low. Is this a
  1232. 45:25confirmed higher low? Yes. Why? Because
  1233. 45:28we broke the highs. Is this right here a
  1234. 45:30confirmed higher low? Yes. Why? Because
  1235. 45:32we broke the highs. Is this right here a
  1236. 45:35confirmed higher low? Yes. Why? because
  1237. 45:37we broke the highs. Let's remove this
  1238. 45:40for a second.
  1239. 45:46Is this right here a confirmed higher
  1240. 45:48low? No, not yet. Why? Because we didn't
  1241. 45:52break the highs yet. We didn't break
  1242. 45:53these highs yet. So, it's still not
  1243. 45:55confirmed. Okay, cool.
  1244. 45:58Is this now confirmed high or low? Like
  1245. 46:01this? No, it's not. Why? Because we
  1246. 46:04still didn't break the highs.
  1247. 46:07Is this right now confirmed higher low?
  1248. 46:09Yes, it is. Now it's officially
  1249. 46:11confirmed higher low. Why? Because we
  1250. 46:13have a break structure here.
  1251. 46:16And now we can call this an official
  1252. 46:22higher low. All right. So only when we
  1253. 46:25get the break structure, this right here
  1254. 46:28becomes a confirmed higher low. Before
  1255. 46:30that, it's not a confirmed higher low.
  1256. 46:32This is very very very very important.
  1257. 46:34And you will be surprised how many
  1258. 46:36people get this wrong when they first,
  1259. 46:38you know, when I review their trades and
  1260. 46:40so on. So let's do an example, okay? Or
  1261. 46:45not an example. What do we call this
  1262. 46:47now? Cuz you might like, okay, first of
  1263. 46:50all, is this confirmed higher low? Look
  1264. 46:52at it. Think. No, it's not. Why? Because
  1265. 46:55we didn't have a break structure yet.
  1266. 46:57You see this high right here? Then we
  1267. 47:00didn't create a higher high yet. If if
  1268. 47:01you're confused, what does
  1269. 47:05breaking the highs mean? It means doing
  1270. 47:07this, you know, closing above it or
  1271. 47:10pushing beyond it. So, this right here
  1272. 47:14is not a confirmed higher low. What do
  1273. 47:16we call this? We call it potential
  1274. 47:21higher low. Okay, this is still a
  1275. 47:24potential higher low. When does it
  1276. 47:25become a confirmed higher low? When we
  1277. 47:28do this
  1278. 47:30and this right here becomes a break
  1279. 47:32structure.
  1280. 47:35Now is this after we broke the high and
  1281. 47:37we have a new break structure. Is this a
  1282. 47:39potential higher low or is a confirmed
  1283. 47:40higher low? It's a confirmed higher low.
  1284. 47:43Why? Because we have a break structure.
  1285. 47:45So now it becomes confirmed.
  1286. 47:50All right. Very easy, very simple. If
  1287. 47:52you didn't get this part, re-watch it
  1288. 47:54again because
  1289. 47:56if you don't get this right now, you're
  1290. 47:58going to be confused on what's happening
  1291. 48:00next.
  1292. 48:02Okay, cool. Now,
  1293. 48:07after a break of structure, a new higher
  1294. 48:10low is formed and we call it recent
  1295. 48:13higher low. So, every time we get a
  1296. 48:15break structure, you know, the confirmed
  1297. 48:17higher low, this is called a recent
  1298. 48:19higher low. Just remember this. You
  1299. 48:22cannot have a break structure without
  1300. 48:24having a confirmed higher low. As simple
  1301. 48:27as it is. Every time you have a break
  1302. 48:30structure, now you have a new recent
  1303. 48:32higher low. Every single time we have a
  1304. 48:35break structure, we have a new higher
  1305. 48:37recent higher low. We have break
  1306. 48:38structure. Now we have a recent higher
  1307. 48:40low. Okay. So let's do this quickly to
  1308. 48:44make sure that you understand where is
  1309. 48:46the recent higher low. Boom. Boom. Boom.
  1310. 48:48Got a break structure. This is the most
  1311. 48:49recent higher low. Boom, boom, boom,
  1312. 48:51boom, boom. Break structure. This is the
  1313. 48:53most recent higher low. Boom, boom,
  1314. 48:55boom, boom, boom, boom, boom. Okay,
  1315. 48:56break structure. This is the most recent
  1316. 48:57higher low. Now, you might be wondering,
  1317. 49:00okay, Omar, but what about this?
  1318. 49:03Or what about this? What's going on
  1319. 49:06here? Everything between higher high and
  1320. 49:10higher low is just internal structure.
  1321. 49:12So between the higher high or between
  1322. 49:14the higher low and higher high it should
  1323. 49:15be actually between the higher low and
  1324. 49:17higher high anything that happens is
  1325. 49:20just called internal structure. So we
  1326. 49:22don't care about it. All of this noise
  1327. 49:24right here we don't care about it. All
  1328. 49:26of this we don't care about it. Only
  1329. 49:28once we get the break structure that's
  1330. 49:30when we care about it. And I'm going to
  1331. 49:31give you a trick on what to do in these
  1332. 49:32cases.
  1333. 49:34Ignore the internal structure is just
  1334. 49:36noise. So everything as I said between
  1335. 49:38the higher low and higher high is noise.
  1336. 49:41In this case we don't have it. Okay,
  1337. 49:42cool. Between this higher high and this
  1338. 49:44higher high, we got this higher low. So
  1339. 49:48everything in between, we don't care
  1340. 49:49about this. Just internal structure
  1341. 49:51right here. We don't care about it.
  1342. 49:52Cool. Then
  1343. 49:55between
  1344. 49:57boom boom between this higher high and
  1345. 50:00higher high. Anything in between we
  1346. 50:02don't care about. And then once we had
  1347. 50:04the break structure, cool. Now we care
  1348. 50:06about it. Then we look at the higher
  1349. 50:07low. So all of this we don't care about.
  1350. 50:09It's just internal structure noise.
  1351. 50:13Now, whenever
  1352. 50:16you're not sure where is the higher low,
  1353. 50:18just use the method which I call the
  1354. 50:20snake method to confirm the recent
  1355. 50:22higher low. What do I mean by that?
  1356. 50:24Because some people might think this
  1357. 50:27right here is the higher low. And this
  1358. 50:29is not correct. This is called swing
  1359. 50:31low. It's something I'm not going to
  1360. 50:33talk about right now because it's not
  1361. 50:35that important to be honest. It's a
  1362. 50:37swing low is the lowest point before the
  1363. 50:38break structure. It's not important. I
  1364. 50:40don't use it. I use recent higher low.
  1365. 50:42That's why I'mma focus more on recent
  1366. 50:44higher low. [snorts] Now, if you're not
  1367. 50:47sure where is the recent higher low, use
  1368. 50:48the stink method. So, let's say we have
  1369. 50:50number one here
  1370. 50:54and number two here and you're not sure,
  1371. 50:56okay, is number one the higher low or
  1372. 50:57not? Because you know, okay, as we said
  1373. 50:59before, after a break of structure, a
  1374. 51:01new higher low is formed, recent higher
  1375. 51:03low. So after we got this break
  1376. 51:05structure, where is the most recent
  1377. 51:07higher low now? Is it one or is it two?
  1378. 51:09In this case, we do the break, we do the
  1379. 51:11snake method. What is the snake method?
  1380. 51:14You go to the higher high and then you
  1381. 51:16mark it up like this. Then you bring a
  1382. 51:19tail like this and then the first curve
  1383. 51:22you see that would be the higher low and
  1384. 51:25that would be the snake method to
  1385. 51:27confirm where is the higher low. Okay,
  1386. 51:29let's do it one more time. We got
  1387. 51:32breakout structure after structure. New
  1388. 51:34higher lows formed. Recent higher low.
  1389. 51:36Cool. Everything in between higher high
  1390. 51:38and higher lows in turn structure. We
  1391. 51:40don't care about it. Cool. Now, where's
  1392. 51:42the higher low? I need to know where's
  1393. 51:43the higher low. Is it one or is it two?
  1394. 51:44I'm not sure. Use the snake method to
  1395. 51:47confirm the recent higher low. So, we
  1396. 51:49make circle like this. Then we do the
  1397. 51:52snake method. And boom. Now, I found it.
  1398. 51:55So, number two is the higher low. It's
  1399. 51:57not number one. It's the most recent
  1400. 51:58one. So the closest one to the higher
  1401. 52:00high is the higher low. Now let's do
  1402. 52:03this. This is a bit, you know, you see
  1403. 52:04now we're getting better. Now this is a
  1404. 52:06bit more advanced. We got a break of
  1405. 52:09structure. Or let's delete this first.
  1406. 52:11We got a break structure. Why did we get
  1407. 52:14a break structure? Because we broke the
  1408. 52:16higher high. Cool. After a break
  1409. 52:19structure, a new higher low is formed.
  1410. 52:21Recent higher low. So everything in
  1411. 52:24between higher high and higher low is
  1412. 52:25internal structure. Ignore that. Okay,
  1413. 52:27cool. So, all of this we don't care
  1414. 52:28about. Nice. Use snake method to confirm
  1415. 52:31the recent higher low. Let's do the
  1416. 52:33snake method. We start with a higher
  1417. 52:36high. Then let's do the snake method. We
  1418. 52:39do this. Boom. All right. Cool. That's
  1419. 52:42the most recent higher low. Amazing.
  1420. 52:44Now, we found the most recent higher
  1421. 52:46low. And that would be it. Okay. Very
  1422. 52:49easy. Very simple. Now let's actually
  1423. 52:52see if we were doing this, you know,
  1424. 52:56if we were actually analyzing the
  1425. 52:58market, if you would be able to read the
  1426. 53:00market structure correctly or not.
  1427. 53:08Perfect.
  1428. 53:12Amazing.
  1429. 53:14Okay, let's start.
  1430. 53:16We have a low, high,
  1431. 53:20higher low, higher high. Let's write
  1432. 53:23them down.
  1433. 53:25Higher high.
  1434. 53:30Higher low.
  1435. 53:32Higher high. Perfect. Where's the break
  1436. 53:36structure? Simply, it's here because
  1437. 53:40that's where we broke the highs.
  1438. 53:43Cool. Now,
  1439. 53:47after a break of structure, a new higher
  1440. 53:49low is formed. Where is the most recent
  1441. 53:50higher low? We look. Boom. All right.
  1442. 53:53Cool. If you're not sure, you do the
  1443. 53:54snake method. This time, it's easy to
  1444. 53:56find, but let's do the snake method.
  1445. 53:58Boom. Okay, cool. Now, here's the trick
  1446. 54:01I'm going to give you. Just use this.
  1447. 54:03It's called horizontal ray. Mark up the
  1448. 54:06higher low and mark up the higher high
  1449. 54:08like this. Okay? Just do that. It's
  1450. 54:12going to help you a lot. If you're, you
  1451. 54:13know, if you're new to this strategy,
  1452. 54:15use this. It's going to help you a lot.
  1453. 54:16Now, obviously, after a while, you don't
  1454. 54:18need to do this because just gets easy
  1455. 54:20from there. Like, you don't have to do
  1456. 54:22this after a while. Now, let's see.
  1457. 54:24Okay, we have the higher high, we have
  1458. 54:26the higher low. Amazing. Everything
  1459. 54:28between higher high and higher low is
  1460. 54:30internal structure. So, between these
  1461. 54:31two lines, we don't care about what's
  1462. 54:33going on. I don't give a single
  1463. 54:37damn about what's happening between
  1464. 54:39these two blue lines. Everything between
  1465. 54:41them is just internal structure. Ignore
  1466. 54:43it. It's noise. And then here we broke
  1467. 54:45the high. You see we broke this high
  1468. 54:48right here. Cool. So this becomes the
  1469. 54:51higher high. All right. Where is the
  1470. 54:53break structure? Right here.
  1471. 54:56Boom.
  1472. 54:59Again after a break structure a new
  1473. 55:02higher low is formed. Recent higher low.
  1474. 55:05Let's write first of all this.
  1475. 55:08Now we're gonna find the most recent
  1476. 55:09higher low. How do we do that? Again,
  1477. 55:11snake method. You mark up the head. You
  1478. 55:15look where is the most recent higher
  1479. 55:16low. Okay, it's here. Nice. So, this
  1480. 55:19becomes the most recent higher low.
  1481. 55:24Now, we put the blue line on it.
  1482. 55:26Anything in between these two blue
  1483. 55:28lines, everything between the higher
  1484. 55:29high and higher lows internal structure,
  1485. 55:31we don't care about it. So, whatever is
  1486. 55:32going on here, we don't care about it
  1487. 55:33until we break this low or this high.
  1488. 55:35And I'll explain to you what we do when
  1489. 55:36we break this low. All right. In the
  1490. 55:38next step.
  1491. 55:40Amazing. Now, anything in between we
  1492. 55:42don't care about. And then we broke the
  1493. 55:43high again. Amazing. So, this right here
  1494. 55:46becomes the higher high.
  1495. 55:49Higher high.
  1496. 55:54This right here becomes the break
  1497. 55:56structure.
  1498. 56:00And now, let's see where is the most
  1499. 56:01recent higher low. We do the snake. We
  1500. 56:05look. Boom. All right, it's here.
  1501. 56:08Amazing.
  1502. 56:10Now, we mark up this and this becomes
  1503. 56:12the higher
  1504. 56:15low.
  1505. 56:16Okay, now let's keep actually running
  1506. 56:19the example just so you guys understand.
  1507. 56:21Anything that happens in between, I
  1508. 56:23don't care about, you know, whatever
  1509. 56:24want to happen can happen. I don't care.
  1510. 56:27I genuinely don't care what's going to
  1511. 56:29happen in between. All right, cool. And
  1512. 56:31I'm going to show you what happens if we
  1513. 56:32break the lows. Okay, but that's for the
  1514. 56:35next step. Okay, cool. Now we broke the
  1515. 56:37high.
  1516. 56:39So this became right here. This became
  1517. 56:41the high. So this became the higher
  1518. 56:44high.
  1519. 56:46All right.
  1520. 56:48After and this became the break
  1521. 56:49structure. Why? Because we broke the
  1522. 56:51high
  1523. 56:54bullish break structure. Now everything
  1524. 56:57between the higher high and higher low
  1525. 56:59is internal structure. Ignoreing ignore
  1526. 57:01internal structure. All right. Now after
  1527. 57:04break structure a new higher low is
  1528. 57:05formed. Recent higher low. Where is
  1529. 57:07that? Let's see. We do the snake method.
  1530. 57:10Boom.
  1531. 57:12Oh, first curve. Cool. I found it.
  1532. 57:15Higher low.
  1533. 57:20Let's mark it up.
  1534. 57:23Amazing. All right. Now, what's going to
  1535. 57:25happen?
  1536. 57:27Let's say something like this. Something
  1537. 57:28like this. All right. This became the
  1538. 57:31higher high. What is this break
  1539. 57:34structure?
  1540. 57:37After a break of structure, we always
  1541. 57:39need to have after break structure, a
  1542. 57:41new higher low is formed, recent higher
  1543. 57:43low. So, this becomes the most recent
  1544. 57:45higher low right here.
  1545. 57:48We move the blue line there and you get
  1546. 57:50and then it just keeps going until the
  1547. 57:51trend reverses from an uptrend to a
  1548. 57:53downtrend, which we're going to talk
  1549. 57:55about later. All right,
  1550. 57:58so that should be it. Uh let me just do
  1551. 58:01this quickly so that you guys can
  1552. 58:03actually if you want to take picture you
  1553. 58:05can do it.
  1554. 58:20All right.
  1555. 58:26All right.
  1556. 58:28That should be it. I believe.
  1557. 58:35Amazing. If you want to take a picture
  1558. 58:37of this, feel free to do so. But I have
  1559. 58:39one rule. I got to look good.
  1560. 58:44All right. Take that picture, put it in
  1561. 58:45your notes or if you're writing down,
  1562. 58:47write down, pause the video, draw
  1563. 58:49everything we talked about so that you
  1564. 58:52can actually start understanding this
  1565. 58:53because as I said earlier, no one will
  1566. 58:56be able to understand your notes better
  1567. 58:58than the way you do. It's as simple as
  1568. 59:01it is, the way you understand your notes
  1569. 59:03is going to be always, always, always
  1570. 59:05the best way because I might explain
  1571. 59:08this in 10 different ways. Right now, I
  1572. 59:10can explain this in 10 different ways.
  1573. 59:12The way you're going to write it is the
  1574. 59:14best way for you to understand it. Okay?
  1575. 59:16And if you've been watching this far,
  1576. 59:18this already tells me that you are
  1577. 59:19serious about trading. So, lock into,
  1578. 59:23okay? Write down, take notes on your
  1579. 59:25laptop, on your phone. If you want to, I
  1580. 59:29know a lot of people who like to to to
  1581. 59:30write manually. Whichever you prefer, do
  1582. 59:34it and take notes. Okay, cool. Now,
  1583. 59:36we're going to move to the downtrend.
  1584. 59:39Now this is going to be way easier
  1585. 59:40because if you already understood the
  1586. 59:42uptrend now you should be able to
  1587. 59:43understand the downtrend.
  1588. 59:46Again this is how a perfect example
  1589. 59:49perfect downtrend example or bearish
  1590. 59:51example looks like but realistically
  1591. 59:54that's how it looks like. So this is a
  1592. 59:55perfect example and then this is a
  1593. 59:57realistic example.
  1594. 1:00:00All right. Now you remember how we were
  1595. 1:00:02saying in an uptrend we have higher
  1596. 1:00:03highs and higher lows. And a downtrend
  1597. 1:00:07consists of lower highs and lower lows.
  1598. 1:00:10Okay, I know the names might be a bit
  1599. 1:00:11confusing, but it's okay. A downtrend is
  1600. 1:00:14made of lower high and lower low. You
  1601. 1:00:16don't need to actually understand it.
  1602. 1:00:18Just as long as you memorize it. Imagine
  1603. 1:00:20it as if it's a I don't know what is the
  1604. 1:00:23class you hate the most. Math. I I'm
  1605. 1:00:25good at math. English? No, I love
  1606. 1:00:28English. Uh, [snorts]
  1607. 1:00:31sports. I love sports. Science. Biology.
  1608. 1:00:33I used to hate biology classes. You know
  1609. 1:00:35what I used to do? Memorize that
  1610. 1:00:37out of biology or history classes. Just
  1611. 1:00:40memorize it. You don't even really need
  1612. 1:00:41to understand it. So, this right here is
  1613. 1:00:45called lower high. Why? Because this
  1614. 1:00:47high right here is lower than this high.
  1615. 1:00:50Then
  1616. 1:00:52this is called lower low. Why? Because
  1617. 1:00:55this low right here is lower than this
  1618. 1:00:57low. If you understood it, great. If you
  1619. 1:00:59didn't understand it, just memorize it.
  1620. 1:01:01A downtrend consists of lower highs and
  1621. 1:01:04lower lows. Lower highs, lower lows,
  1622. 1:01:07then lower high, lower low, lower high,
  1623. 1:01:09lower low, lower high, lower low, lower
  1624. 1:01:11high, lower low. Lower high, lower low.
  1625. 1:01:13You get the point.
  1626. 1:01:16All right. What time is it now? God
  1627. 1:01:17damn, it's 7:30. That's why I'm starting
  1628. 1:01:20to tweak. Plus, my laptop needs some
  1629. 1:01:22charging.
  1630. 1:01:26And now it's charging. So
  1631. 1:01:29same thing as uptrend whenever you
  1632. 1:01:32remember how we said in the uptrend
  1633. 1:01:33whenever we break the high it's called
  1634. 1:01:34break break structure same thing in a
  1635. 1:01:37downtrend whenever we break the lows
  1636. 1:01:39it's called break structure so we broke
  1637. 1:01:42this low right here then we call it
  1638. 1:01:44break structure we made a lower high
  1639. 1:01:46lower low
  1640. 1:01:48we broke the lows so we call it break
  1641. 1:01:49structure same exact concept every time
  1642. 1:01:53we break the lows it's called break
  1643. 1:01:56structure
  1644. 1:01:57And then a downtrend consists of lower
  1645. 1:01:59highs and lower lows. Now, here's the
  1646. 1:02:01most important part. A lower high is
  1647. 1:02:04only confirmed when we break the lows.
  1648. 1:02:07Same exact thing as the uptrend. You
  1649. 1:02:09remember how in the uptrend we said a
  1650. 1:02:11higher low is only confirmed when we
  1651. 1:02:12break the highs. Same concept here. A
  1652. 1:02:15lower high is only confirmed when we
  1653. 1:02:17break the lows. What do I mean by that?
  1654. 1:02:21This lower high right here became
  1655. 1:02:25confirmed after we did the break
  1656. 1:02:26structure. This lower high right here
  1657. 1:02:29became confirmed only when we did the
  1658. 1:02:31break structure.
  1659. 1:02:36Is this a confirmed lower high? No, it's
  1660. 1:02:39not. It's a potential lower high. Good
  1661. 1:02:41job. Is this confirmed lower high? No,
  1662. 1:02:44it's not. It's still a potential lower
  1663. 1:02:46high. Is this a confirmed lower high?
  1664. 1:02:50Yes, it is. Why? Because we had the
  1665. 1:02:52break structure right here. So, after we
  1666. 1:02:54had the break structure right here,
  1667. 1:02:57this right here became a lower high.
  1668. 1:03:01Okay.
  1669. 1:03:02Then,
  1670. 1:03:04let's do another example. Is this a
  1671. 1:03:06confirmed lower high?
  1672. 1:03:08No, it's not. It's a potential lower
  1673. 1:03:10high because we didn't have a break
  1674. 1:03:11structure yet. Is this a confirmed lower
  1675. 1:03:14high? No, it's not because we didn't
  1676. 1:03:17have a break structure yet.
  1677. 1:03:19What about now? Yes, it is. Why? Because
  1678. 1:03:22we had a break structure right here.
  1679. 1:03:28So, this becomes a confirmed lower high.
  1680. 1:03:30All right. Very easy, very simple. Don't
  1681. 1:03:33confuse yourself. Now, this is how a
  1682. 1:03:36realistic downtrend looks like.
  1683. 1:03:43Damn, I need to drink some water.
  1684. 1:03:47This is tiring, man. Maybe I will
  1685. 1:03:50finish the trend, go sleep or grab
  1686. 1:03:52coffee, and then get back to it cuz I
  1687. 1:03:54haven't slept yet and it's already 7:30.
  1688. 1:03:57Okay, that's right. Lock in, Omar. So,
  1689. 1:04:02after a break of structure,
  1690. 1:04:06a new lower high is formed. Always think
  1691. 1:04:09about it like this. Every time you have
  1692. 1:04:11a break structure, a new lower high is
  1693. 1:04:15formed. Okay. So, we have the break
  1694. 1:04:17structure here. What? We need the break.
  1695. 1:04:19We need the lower high. Here you go.
  1696. 1:04:22Cool. We had a break structure here. New
  1697. 1:04:26lower high is formed. Cool. We had a
  1698. 1:04:29break structure here. A new lower high
  1699. 1:04:32is formed. Cool. Everything between the
  1700. 1:04:35lower high and the lower low is internal
  1701. 1:04:37structure. Aka ignore internal structure
  1702. 1:04:40is just noise. So, anything between the
  1703. 1:04:43lower high and the lower low is just
  1704. 1:04:45noise. We don't care about it. Anything
  1705. 1:04:48between
  1706. 1:04:50the lower high and the lower low is just
  1707. 1:04:54internal structure. We don't care about
  1708. 1:04:55it.
  1709. 1:04:57Anything between the lower high and the
  1710. 1:04:59lower low right here is internal
  1711. 1:05:00structure. We don't care about it. We
  1712. 1:05:02got break structure. We don't care about
  1713. 1:05:04it. And as we said, every time we have a
  1714. 1:05:06break structure, we need a new lower
  1715. 1:05:07high. Now, how do we find the lower
  1716. 1:05:11high? We use the snake method. So, we
  1717. 1:05:12got a break structure. Perfect. After
  1718. 1:05:15break structure, new lower high is
  1719. 1:05:16formed. Recent lower high. Here we go.
  1720. 1:05:18Amazing.
  1721. 1:05:20Everything in between, we don't care
  1722. 1:05:21about. Cool. Where's the recent lower
  1723. 1:05:24high? We do the snake method. So, we do
  1724. 1:05:26a head from the lower low. We go up. We
  1725. 1:05:28find the curve. Cool. Found the lower
  1726. 1:05:30high. Same thing again.
  1727. 1:05:33We had a break structure right here. We
  1728. 1:05:36got a lower low. So, where's the lower
  1729. 1:05:38high? We do the snake method. Oh, here
  1730. 1:05:42it is. This is the lower high. Amazing.
  1731. 1:05:46Then we got a break structure here.
  1732. 1:05:48Cool. Where is the most recent lower
  1733. 1:05:49high? We do the snake method. Oh, here
  1734. 1:05:53it is. We found it. Amazing. Why is this
  1735. 1:05:55not the lower high? Well, simply this is
  1736. 1:05:58not called lower high. This is called
  1737. 1:05:59swing high. We don't want to talk about
  1738. 1:06:00it right now. We don't care about it
  1739. 1:06:03actually or it's very it's not advanced.
  1740. 1:06:06It is advanced but also not only that
  1741. 1:06:08it's you guys don't need it at this
  1742. 1:06:11stage. Okay, that let's leave it at
  1743. 1:06:12there. We don't need it at this point.
  1744. 1:06:15So here we go. We do the snake. We found
  1745. 1:06:17it. All right. Now let's have an example
  1746. 1:06:19together.
  1747. 1:06:22Where is eraser?
  1748. 1:06:24I feel like I'm a teacher.
  1749. 1:06:29I'm trying to explain as simple as it is
  1750. 1:06:31because if you guys don't understand
  1751. 1:06:32this part, no chance you're going to
  1752. 1:06:33understand the rest. That's why like I
  1753. 1:06:35like to take my time on the basics so
  1754. 1:06:37when we go to the advanced stuff you can
  1755. 1:06:39actually understand it properly. Okay,
  1756. 1:06:42let's start.
  1757. 1:06:44We have a high, we have a low
  1758. 1:06:48do potential lower high, lower low. Oh,
  1759. 1:06:51now we have a break structure here. So
  1760. 1:06:54this became right here became the lower
  1761. 1:06:56low
  1762. 1:06:58or this one. Let's call it lower low.
  1763. 1:07:02[sighs] We have the breaker structure
  1764. 1:07:04right here.
  1765. 1:07:08And then after a bearish break
  1766. 1:07:10structure, what happens after break
  1767. 1:07:11structure? A new lower high is formed.
  1768. 1:07:13Recent lower high. Cool. Boom. You're
  1769. 1:07:16not sure what it is. You do the snake
  1770. 1:07:17method.
  1771. 1:07:20Oh, we found it. Amazing. Let's call it
  1772. 1:07:23lower high.
  1773. 1:07:27Amazing. Great. Now, anything in between
  1774. 1:07:29the lower high and the lower low, we
  1775. 1:07:31don't care about it. Then here we had
  1776. 1:07:33the break structure. Cool. This became
  1777. 1:07:36the lower low
  1778. 1:07:38because it's the lowest point.
  1779. 1:07:41And then here is the break structure.
  1780. 1:07:48And then as I said, anything in between
  1781. 1:07:49we don't care about.
  1782. 1:07:52And now we need to find the most recent
  1783. 1:07:53lower high because after a break
  1784. 1:07:55structure, a new lower high is formed.
  1785. 1:07:56Let's find it. What? Oh, I found it. Did
  1786. 1:08:00you guys find it as well? I hope so.
  1787. 1:08:05This right here became the lower high.
  1788. 1:08:09Nice.
  1789. 1:08:11Then anything in between we don't care
  1790. 1:08:13about. And then right here we had the
  1791. 1:08:15break structure. Let's let me just do
  1792. 1:08:17this so you guys can see it better. We
  1793. 1:08:19had the break structure here. So this
  1794. 1:08:20became the lower low.
  1795. 1:08:27Where is the lower high? Or and then we
  1796. 1:08:29have a break structure here. So we don't
  1797. 1:08:31forget that.
  1798. 1:08:34Now where is the most recent lower high?
  1799. 1:08:37Because after break structure, a new
  1800. 1:08:38lower high is formed. Where is it? We do
  1801. 1:08:40the snake method.
  1802. 1:08:42What? Oh, I found it.
  1803. 1:08:45It's here.
  1804. 1:08:52Lower high.
  1805. 1:08:54Right.
  1806. 1:08:56And that's how simple it is. What is
  1807. 1:08:58this? Oh, that's what I was talking
  1808. 1:08:59about earlier.
  1809. 1:09:01Damn it. Cuz I want to draw to make sure
  1810. 1:09:04that you guys actually understand it
  1811. 1:09:05now.
  1812. 1:09:21Feels like it's been a while ago since
  1813. 1:09:22we were talking about that. Okay, cool.
  1814. 1:09:26Now, let's continue the example.
  1815. 1:09:28Anything in between, we don't care
  1816. 1:09:31about, right? Whatever is happening, we
  1817. 1:09:33don't care about. Then here, we have the
  1818. 1:09:35break structure. Cool. We move the blue
  1819. 1:09:37line here. And now, where's the most
  1820. 1:09:40recent lower high? We do this. What? Oh,
  1821. 1:09:43I found the most recent lower. Oh,
  1822. 1:09:45actually, wait one second. Sorry. This
  1823. 1:09:47became the lower low.
  1824. 1:09:51This right here became the breaker
  1825. 1:09:53structure.
  1826. 1:09:57Now, where's the most recent lower high?
  1827. 1:09:59We do this. Wh I found it. All right.
  1828. 1:10:04So, this became the lower high.
  1829. 1:10:10Now, let's see.
  1830. 1:10:14Is this right here the lower high? No,
  1831. 1:10:16it's not. Is this the lower high? No,
  1832. 1:10:19it's not. Now, you might be like, "But
  1833. 1:10:20Omar, it's very obvious that this is
  1834. 1:10:23going to be the lower high." I'm going
  1835. 1:10:24tell you no, because like some people
  1836. 1:10:26would be like, "Oh, yeah, we went up,
  1837. 1:10:28now we're going down. This is the lower
  1838. 1:10:30high." And they will do this. I'll tell
  1839. 1:10:31you, no, this is just a potential lower
  1840. 1:10:32high. And you want to know why? Cuz what
  1841. 1:10:34if price decides to do this now? Cuz you
  1842. 1:10:38expecting it to come here, but what if
  1843. 1:10:39it does this? You see, this wasn't a
  1844. 1:10:42lower high. And then you be like, "Oh,
  1845. 1:10:44okay.
  1846. 1:10:47Now this got to be the lower high. I'm
  1847. 1:10:50going to tell you no because what if
  1848. 1:10:52price decide to do this.
  1849. 1:10:55And then you like okay but now this has
  1850. 1:10:57to be the lower high. I'm going tell you
  1851. 1:10:58no because what if price decide to do
  1852. 1:11:00this
  1853. 1:11:02and they like okay but now this has to
  1854. 1:11:04be the lower high. I'm going tell you
  1855. 1:11:05no. What if price decide to do this and
  1856. 1:11:08then like okay now this has to be the
  1857. 1:11:10lower high. I'm tell you yes that's true
  1858. 1:11:11because now this is the lower low
  1859. 1:11:15right here.
  1860. 1:11:17This right here is just the break
  1861. 1:11:19structure.
  1862. 1:11:23And now let's look at where is the most
  1863. 1:11:25recent lower high. We do the snake
  1864. 1:11:27method. Whoop. Found it.
  1865. 1:11:31This becomes the lower high.
  1866. 1:11:36And we mark it as confirmed lower high.
  1867. 1:11:39And that's it. I hope you guys
  1868. 1:11:41understood this. If you didn't, please
  1869. 1:11:42rewatch this. Otherwise, you're not
  1870. 1:11:44going to be able to understand the next
  1871. 1:11:46stuff. All right? Or maybe this one you
  1872. 1:11:48will, but like the ones after it. So,
  1873. 1:11:51there's three notes I want to give you
  1874. 1:11:52to summarize this.
  1875. 1:11:55This right here, or not summarize this,
  1876. 1:11:57this right here, this push up, for
  1877. 1:12:00example, is called an impulsive move.
  1878. 1:12:03Okay? This is called an impulsive move.
  1879. 1:12:06Why? Because price moved in an impulsive
  1880. 1:12:09way.
  1881. 1:12:11This push back is called
  1882. 1:12:13a retracement, right? So, whenever price
  1883. 1:12:16pushes up, it's called impulsive move.
  1884. 1:12:20Whenever it comes back, it's called
  1885. 1:12:21pullback or retracement. Then impulsive
  1886. 1:12:24move, retracement, impulsive move,
  1887. 1:12:25retracement, impulsive move,
  1888. 1:12:27retracement, impulsive move,
  1889. 1:12:28retracement, and so on. Same example if
  1890. 1:12:30it was a downtrend impulsive move
  1891. 1:12:32retracement impulsive move retracement
  1892. 1:12:35possive move retracement or impulsive
  1893. 1:12:37move pullback because you know it made
  1894. 1:12:39an impulsive move then price pulled back
  1895. 1:12:42made an impulsive move then pull back
  1896. 1:12:44impulsive move pull back impulsive move
  1897. 1:12:46pull back and so on
  1898. 1:12:50note number two after an impulsive move
  1899. 1:12:54we need a strong strong pullback so we
  1900. 1:12:56had the impulsive move I don't want to
  1901. 1:12:59see small pullback like this one. This I
  1902. 1:13:01don't count as a pullback. A pullback
  1903. 1:13:03price has to come properly down. And I'm
  1904. 1:13:05going explain to you later how to
  1905. 1:13:07actually know what is a good pullback
  1906. 1:13:08and what is not. Okay? So every time we
  1907. 1:13:11get a strong push, we need a strong
  1908. 1:13:12pullback at least like 50% of the move.
  1909. 1:13:15I don't want to see something like this.
  1910. 1:13:19This wouldn't be structure. It wouldn't
  1911. 1:13:21be a higher low. No, it has to be
  1912. 1:13:22something like this, like this, then
  1913. 1:13:24like this. Okay? And I'm going to teach
  1914. 1:13:26you how to actually know that. So these
  1915. 1:13:29are not called higher lows unless if
  1916. 1:13:31it's like this then it is a higher low.
  1917. 1:13:34Note number three, kiss. Just kiss it
  1918. 1:13:37man. Like whoa whoa whoa I love you too.
  1919. 1:13:41No. Okay. Just kiss it. Hey this is not
  1920. 1:13:44me. This is me tweaking right now cuz I
  1921. 1:13:46haven't slept. All right.
  1922. 1:13:49Just kiss it. Keep it simple
  1923. 1:13:52significant. Don't over complicate it.
  1924. 1:13:55Don't overthink it. Don't start, you
  1925. 1:13:57know, thinking about every single move
  1926. 1:14:00as a structure. Don't start, you know,
  1927. 1:14:02overthinking your life. Just keep it
  1928. 1:14:04simple, man. Keep it simple,
  1929. 1:14:06significant. Actually, won't you know
  1930. 1:14:07what? I'm going to change this. Let me
  1931. 1:14:10change it.
  1932. 1:14:12Keep it
  1933. 1:14:13simple, stupid.
  1934. 1:14:18Yeah. Just
  1935. 1:14:21think about it, you know, like as a I
  1936. 1:14:24don't like to use the word stupid. It
  1937. 1:14:26feels disrespectful, but like think
  1938. 1:14:28about it as a dummy, you know, like
  1939. 1:14:29don't as if you're
  1940. 1:14:33I believe you're a smart person. I don't
  1941. 1:14:34I want to say in a way where I don't
  1942. 1:14:36offend anyone. I believe you're a smart
  1943. 1:14:38person because you're watching this
  1944. 1:14:39video, but think about it as if you're
  1945. 1:14:42slow, okay? Don't overthink everything.
  1946. 1:14:45All right? Just keep it simple, man.
  1947. 1:14:47Don't overthink it. Don't start over
  1948. 1:14:50complicating your life. Cuz the minute
  1949. 1:14:51you start over complicating it and you
  1950. 1:14:54start overthinking it, that's where you
  1951. 1:14:56start getting analysis paralysis. All
  1952. 1:14:59right, with that being said, that should
  1953. 1:15:00be it about market. No. Oh, whoa. Whoa.
  1954. 1:15:03That's far from being done with market
  1955. 1:15:05structure. But that's like the basics
  1956. 1:15:08for the market structure. Now you know
  1957. 1:15:10what is uptrend. Now you know what is a
  1958. 1:15:12downtrend.
  1959. 1:15:14Now you know what is a break structure.
  1960. 1:15:16What is internal trend? What is a
  1961. 1:15:18confirmed higher low? What is the snake
  1962. 1:15:19method?
  1963. 1:15:22What is breaker structure? We set a
  1964. 1:15:24higher high, higher low, lower high,
  1965. 1:15:25lower low, internal structure, snake
  1966. 1:15:27method, internal structure. And yeah,
  1967. 1:15:30you know a lot actually now uptrend,
  1968. 1:15:32downtrend, horizontal trend, pullback,
  1969. 1:15:35push, pullback, retracement,
  1970. 1:15:38kiss it. [laughter]
  1971. 1:15:40Yeah, you know a lot now. So now we
  1972. 1:15:43gonna move to the next steps. All right.
  1973. 1:15:47Now where the real sauce is going to
  1974. 1:15:49start dropping. All right. All right. So
  1975. 1:15:51now let's continue with the video. So
  1976. 1:15:53now we're going to talk about something
  1977. 1:15:54very very very very simple but yet I
  1978. 1:15:56don't know why people mess it up a lot.
  1979. 1:16:00Now this is extremely simple. And this
  1980. 1:16:03is like the first step of what we're
  1981. 1:16:05going to talk about. So now you already
  1982. 1:16:06know what an uptrend is, right? higher
  1983. 1:16:09high, higher low, higher high, higher
  1984. 1:16:10low, breaker structure. And then you
  1985. 1:16:12know what a downtrend is. You know lower
  1986. 1:16:15high, lower low, lower high, lower low.
  1987. 1:16:17But haven't you thought about, okay,
  1988. 1:16:19cool. I know what uptrend is. I know
  1989. 1:16:22what a downtrend is. But when does the
  1990. 1:16:23market actually changes from an uptrend
  1991. 1:16:26to a downtrend? Right? Cuz like at one
  1992. 1:16:29point, yes, it is an uptrend, but it has
  1993. 1:16:31to switch to a downtrend and vice versa,
  1994. 1:16:33right? It can be a downtrend and it has
  1995. 1:16:35to switch an uptrend. Now, here's where
  1996. 1:16:37most people get it wrong. They do only
  1997. 1:16:40something called change of character or
  1998. 1:16:42some people call it breaker structure.
  1999. 1:16:44If you're an already an ICT trader, the
  2000. 1:16:48change of character is pretty much what
  2001. 1:16:49they call break structure. So, don't
  2002. 1:16:51confuse yourself. Learn from me. Forget
  2003. 1:16:53about all the other BS and just use my
  2004. 1:16:56terminologies. Okay. Now,
  2005. 1:16:59what is pretty much an change of
  2006. 1:17:01character? Now, what we're going to talk
  2007. 1:17:03about is change of character. Okay,
  2008. 1:17:06for me for a trend to switch from an
  2009. 1:17:08uptrend to a downtrend, it has to do go
  2010. 1:17:11through three steps, which we're going
  2011. 1:17:13to talk exactly about after this. But
  2012. 1:17:16first, we're going to focus about the
  2013. 1:17:17first step, which is the change of
  2014. 1:17:19character. After that, we're going to
  2015. 1:17:20focus on the second step. After that,
  2016. 1:17:21we're going to focus on the third step.
  2017. 1:17:23So, what is the first step? Change of
  2018. 1:17:25character. So, if I come to you and
  2019. 1:17:27straight up ask you, what is the first
  2020. 1:17:29step for an uptrend to switch down a
  2021. 1:17:32downtrend? What is your answer? First
  2022. 1:17:34step we need is a change of character.
  2023. 1:17:37All right.
  2024. 1:17:38So an uptrend switching to a downtrend
  2025. 1:17:40first step. This happens only only and
  2026. 1:17:45only after we break the most recent
  2027. 1:17:48confirmed higher low. Actually also the
  2028. 1:17:50most recent low which we're going to
  2029. 1:17:51talk about later. So but for now this
  2030. 1:17:54happens only after we break the most
  2031. 1:17:55recent confirmed higher low. What do I
  2032. 1:17:58mean by that? Let's start with this. We
  2033. 1:18:00have a low high, higher low, higher high
  2034. 1:18:03break structure. Nice. Then we have a
  2035. 1:18:07higher [snorts] low, higher high, break
  2036. 1:18:08structure. Nice. And then let's say we
  2037. 1:18:10have a higher low, higher high, break
  2038. 1:18:11structure. Nice. But at one point, the
  2039. 1:18:13trend has switched from an uptrend to a
  2040. 1:18:15downtrend. When does that happen? This
  2041. 1:18:19happens only when we break the most
  2042. 1:18:21recent higher low in the case of an
  2043. 1:18:23uptrend. So this happens only after
  2044. 1:18:26break the most recent confirmed higher
  2045. 1:18:27low. Now why? Why? What do I mean by
  2046. 1:18:29confirmed? You already know what I mean
  2047. 1:18:31by confirmed. Like if we see an uptrend
  2048. 1:18:33like this, right?
  2049. 1:18:36Is this a confirmed higher low? No, it's
  2050. 1:18:39not. Why? Because we still didn't break
  2051. 1:18:40the highs. True. True. So, because we
  2052. 1:18:44still didn't break the highs yet, this
  2053. 1:18:46is just a potential higher low. So, if
  2054. 1:18:48we do this, is this right here a change
  2055. 1:18:50of character? No, it's not. only when we
  2056. 1:18:54break this this would be the change of
  2057. 1:18:56character because this is the most
  2058. 1:18:57confirmed most recent confirmed higher
  2059. 1:18:59low. So just to make it easier
  2060. 1:19:02focus on this to have a change of
  2061. 1:19:04character which is the first step of
  2062. 1:19:06trend reversal or trend switching
  2063. 1:19:09in an uptrend we need to get a change of
  2064. 1:19:11character aka we need to break the most
  2065. 1:19:13recent confirmed higher low. All right
  2066. 1:19:16if we're in an uptrend like this
  2067. 1:19:19cool is the most recent higher low. This
  2068. 1:19:21is the most recent higher high. Once we
  2069. 1:19:23break this higher low right here, that
  2070. 1:19:25would be a change of character. Now, if
  2071. 1:19:28it was something like this,
  2072. 1:19:30you see this is still not a confirmed
  2073. 1:19:32higher low. Right? Let's let's read the
  2074. 1:19:34trend together. Low, high, higher, low,
  2075. 1:19:37higher, high. Or let's do the blue lines
  2076. 1:19:38actually. Low,
  2077. 1:19:41high,
  2078. 1:19:43higher low, higher high,
  2079. 1:19:47higher low,
  2080. 1:19:50higher high, higher low,
  2081. 1:19:54higher high, potential higher low, not a
  2082. 1:19:57confirmed higher low. And then if we do
  2083. 1:19:59something like this right here, would
  2084. 1:20:02this be a change of character? No, it
  2085. 1:20:05wouldn't be. Why? Because the rule for
  2086. 1:20:06the change of character is this happens
  2087. 1:20:08only and only after we break the most
  2088. 1:20:11recent confirmed higher low. Okay, cool.
  2089. 1:20:13Where's the most recent confirmed higher
  2090. 1:20:15low? This blue line right here. Amazing.
  2091. 1:20:18Let's say now we broke this. Yes, this
  2092. 1:20:20would be a change of character. Okay,
  2093. 1:20:22now this is a bit advanced which we're
  2094. 1:20:24going to be covering again multiple
  2095. 1:20:25times because I know you I'm not
  2096. 1:20:27expecting you to understand from the
  2097. 1:20:28first time. If you did that would be
  2098. 1:20:30great and in simple terms you already
  2099. 1:20:32know what it means. Now let's do it on
  2100. 1:20:34the downtrend. Switching to an uptrend.
  2101. 1:20:37A downtrend switching to an uptrend.
  2102. 1:20:39First step, the change of character. So
  2103. 1:20:41what is the first step for a downtrend
  2104. 1:20:42to switch to an uptrend? Change of
  2105. 1:20:44character. Cool. This happens only after
  2106. 1:20:48we break the most recent confirmed lower
  2107. 1:20:50high.
  2108. 1:20:52Read it again. This happens only after
  2109. 1:20:53we break the most recent confirmed lower
  2110. 1:20:55high. So we have a high, low, lower
  2111. 1:20:58high, lower low. Break structure. Nice.
  2112. 1:21:01Then we have a lower high, lower low,
  2113. 1:21:02break structure. Nice. And then we broke
  2114. 1:21:05the most recent lower high. That would
  2115. 1:21:06be the change of character. So high,
  2116. 1:21:08low, lower high, lower low.
  2117. 1:21:12Let's say we broke this high right here.
  2118. 1:21:14Is this a change of character? Yes, it
  2119. 1:21:15is. Why? Because this was confirmed
  2120. 1:21:18lower high. Okay, cool. What about if it
  2121. 1:21:20was like this?
  2122. 1:21:24Boom.
  2123. 1:21:25Boom. Is this right here a change of
  2124. 1:21:28character? No. Is there a break
  2125. 1:21:30structure? No. Why? Because we have a
  2126. 1:21:32high low. This was the lower high, the
  2127. 1:21:35confirmed one. And this was the lower
  2128. 1:21:36low confirmed one. Then this became the
  2129. 1:21:38lower low confirmed one. This became the
  2130. 1:21:40lower high confirmed one. Then this
  2131. 1:21:42became the lower low confirmed one. And
  2132. 1:21:45then this till is the most lower most
  2133. 1:21:47recent lower high. That's confirmed.
  2134. 1:21:49Only after we break it like this, this
  2135. 1:21:51right here will be a change of
  2136. 1:21:52character.
  2137. 1:21:54Got it? Hope you got it. Very easy. I
  2138. 1:21:57don't want to go too much in depth into
  2139. 1:21:58this because it's pretty easy. Like I
  2140. 1:22:00don't think anyone would it up. If
  2141. 1:22:02you didn't understand this, please
  2142. 1:22:03rewatch this part. Otherwise, you're not
  2143. 1:22:06going to understand the other parts
  2144. 1:22:07because this is the first step of the
  2145. 1:22:08trend reversal. If you don't understand
  2146. 1:22:10the first step, how are you expecting
  2147. 1:22:11yourself to understand the second and
  2148. 1:22:13the third step. Now, let's move to the
  2149. 1:22:15next steps. All right. So, now we're
  2150. 1:22:17gonna talk about the three steps. Let's
  2151. 1:22:18get it, man. This one is where it gets
  2152. 1:22:21exciting and confusing. But if you
  2153. 1:22:23actually understood the last part, this
  2154. 1:22:25part shouldn't be confusing. Okay. So,
  2155. 1:22:28first of all, why do we why did we write
  2156. 1:22:30trend? It's a trend. All right. It's not
  2157. 1:22:32a trend. So, trend reversal three steps
  2158. 1:22:35confirmation. Let's start with the
  2159. 1:22:38uptrend switching to a downtrend three
  2160. 1:22:40steps confirmation. All right. Easily we
  2161. 1:22:45have a uptrend clear uptrend and then
  2162. 1:22:47you understand forget about this. Okay.
  2163. 1:22:50So far until here we have a low higher
  2164. 1:22:52low higher higher low higher high and
  2165. 1:22:54then change of character. Did you get
  2166. 1:22:56that, bro? Why am I asking? I'm so used
  2167. 1:22:58to talking to my students and ask like,
  2168. 1:23:00you know, this way and then I ask them,
  2169. 1:23:02do you guys understand so far? And then
  2170. 1:23:04they like yes or no. Repeat it. That's
  2171. 1:23:06why I keep asking you guys. So, my bad
  2172. 1:23:08on that. Anyway, so you understand the
  2173. 1:23:11part that at least I hope you understood
  2174. 1:23:13the part this part until the change of
  2175. 1:23:15character. You understood the first
  2176. 1:23:16step. So, for an uptrend switch to a
  2177. 1:23:18downtrend, there's three steps. First
  2178. 1:23:20step is the change of character aka
  2179. 1:23:22breaking the low. Now let's move to the
  2180. 1:23:26next step. After the change of
  2181. 1:23:27character, price has to create a lower
  2182. 1:23:30high. Okay, what do I mean by that? It's
  2183. 1:23:34it's not allowed to go and create, you
  2184. 1:23:36know, go up again and break the highs.
  2185. 1:23:38No, it's after the change of character,
  2186. 1:23:41it's not allowed to go and break the
  2187. 1:23:43highs. This is something really, really,
  2188. 1:23:45really important. Okay, so we are not
  2189. 1:23:48allowed to go and break the highs again.
  2190. 1:23:51If we do that, that's a different
  2191. 1:23:53scenario which we're going to talk about
  2192. 1:23:54later. But that's the second step for
  2193. 1:23:57for an uptrend to switch to a downtrend.
  2194. 1:23:59So first step, change of character.
  2195. 1:24:02Second step, create a lower high or
  2196. 1:24:05respect the higher high if you want to
  2197. 1:24:07call it. So the lower high is not
  2198. 1:24:09allowed to go and break the higher high.
  2199. 1:24:11And then third step is a break
  2200. 1:24:13structure. Easy. So after we make the
  2201. 1:24:16lower high, go and break the lows. And
  2202. 1:24:18that's it.
  2203. 1:24:20So if if you want to re like if you
  2204. 1:24:23actually know understood everything we
  2205. 1:24:25can talk about you would realize okay
  2206. 1:24:27technically it's not three steps
  2207. 1:24:28technically it's two steps it's just
  2208. 1:24:30change of character followed by a break
  2209. 1:24:33of structure if you actually understood
  2210. 1:24:34everything now I like to call it three
  2211. 1:24:36steps because that's that way you guys
  2212. 1:24:39are going to understand it better that's
  2213. 1:24:41it not more so or like it's going to be
  2214. 1:24:43simpler for you guys to understand so
  2215. 1:24:45first step change of character we're
  2216. 1:24:47talking about from an uptrend to a
  2217. 1:24:49downtrend First step, change of
  2218. 1:24:50character. Second step, respecting the
  2219. 1:24:53high or creating a lower high. Third
  2220. 1:24:55step, breaking the lows. And that's it.
  2221. 1:24:57And then you have a complete uptrend
  2222. 1:25:00that switch to a downtrend. That's how
  2223. 1:25:03simple it is. Okay. Now, we're going to
  2224. 1:25:05go more in depth about it. And I'm going
  2225. 1:25:06to show you, you know, a more realistic
  2226. 1:25:08example cuz in reality, that's not how
  2227. 1:25:10charts are going to look like. If charts
  2228. 1:25:13look like this all the time, we all
  2229. 1:25:15would be hella profitable. like trading
  2230. 1:25:18would be so simple. Now a downtrend
  2231. 1:25:21switching to an uptrend. Three steps.
  2232. 1:25:23Same exact concept, but instead of
  2233. 1:25:25creating a lower high, it's going to be
  2234. 1:25:26higher low. That's it. So this is a
  2235. 1:25:28downtrend, right? We have a high, low,
  2236. 1:25:31lower high, lower low, lower high, lower
  2237. 1:25:34low. And then first step, create a
  2238. 1:25:37change of character. Boom. Done. Second
  2239. 1:25:40step, create a higher low or respect the
  2240. 1:25:42lows. Here we go. We created the higher
  2241. 1:25:44low. Perfect. Third step, break a
  2242. 1:25:47structure and that's it. Okay, so change
  2243. 1:25:50of character, create a higher low, then
  2244. 1:25:53break a structure. If we go down like
  2245. 1:25:56this, then this wouldn't count. Then we
  2246. 1:25:58have to do that same move again. All
  2247. 1:26:00right, because then technically it's a
  2248. 1:26:02change of character followed by a change
  2249. 1:26:04of character, which is something
  2250. 1:26:05different. So
  2251. 1:26:08yeah, that's how it is pretty much. Very
  2252. 1:26:10easy, very simple. Um, nothing crazy,
  2253. 1:26:14you know, like don't overthink it. I'm
  2254. 1:26:17going to go more in depth about it. Just
  2255. 1:26:18I need you to understand one thing
  2256. 1:26:20though. You might be like, "Okay, Omar,
  2257. 1:26:22interesting. Okay, I got this part. It's
  2258. 1:26:24very easy. For an uptrend to switch to
  2259. 1:26:25an up downtrend, we need the change of
  2260. 1:26:28character, create a lower high, then
  2261. 1:26:29break structure. For a downtrend to
  2262. 1:26:31switch to an uptrend, we need change of
  2263. 1:26:33character, higher low, break structure."
  2264. 1:26:36Okay, but why is that, right? That's
  2265. 1:26:37what you're thinking. Now, let me just
  2266. 1:26:39do this for a second. Boom.
  2267. 1:26:42What does this look like? You see if
  2268. 1:26:45like forget about everything we just
  2269. 1:26:46talked about. Just look at this right
  2270. 1:26:48here. What is this? This is a high, low,
  2271. 1:26:52lower high, lower low. That's it. You
  2272. 1:26:55know, that's how simple it is. Like
  2273. 1:26:56literally, that's how simple it is. We
  2274. 1:27:00have a high, low, lower, high, lower,
  2275. 1:27:02low.
  2276. 1:27:04You see what I mean? So, that's a
  2277. 1:27:06downtrend. And then same concept for the
  2278. 1:27:08uptrend.
  2279. 1:27:10Let's do this. We have a low high,
  2280. 1:27:12higher low, higher high. That's what up
  2281. 1:27:15definition of an uptrend is higher lows
  2282. 1:27:17and higher highs. That's it.
  2283. 1:27:20Now you have the full image. Change of
  2284. 1:27:23character is what's just going to start
  2285. 1:27:25this change. And then we have high, low,
  2286. 1:27:27lower high, lower low, and then here
  2287. 1:27:29that same thing. We have a low, high,
  2288. 1:27:31higher, low, higher, high. And that's
  2289. 1:27:33how simple it is. So don't over
  2290. 1:27:34complicate it. A lot of people over
  2291. 1:27:36complicate this. Please don't do so.
  2292. 1:27:38It's very easy, very simple. So don't
  2293. 1:27:40overthink it. So now let's do a
  2294. 1:27:42realistic example, okay? Because the
  2295. 1:27:44charts I just showed you isn't realistic
  2296. 1:27:46example. This is going to be more
  2297. 1:27:47realistic. And even then, even now, it's
  2298. 1:27:49not going to be the most realistic
  2299. 1:27:50because the most realistic is what we're
  2300. 1:27:52going to do on the charts, right? Like
  2301. 1:27:54when we go to the charts and we actually
  2302. 1:27:56have a look on the charts and we see the
  2303. 1:27:58market structure, that's the best way
  2304. 1:27:59for you to learn. But I want to make
  2305. 1:28:01sure that you actually understand all of
  2306. 1:28:02this before we even move to the charts.
  2307. 1:28:04Because if you don't understand all of
  2308. 1:28:06this, when I go on the charts, you're
  2309. 1:28:07going to be like, "Yo, what is this guy
  2310. 1:28:08speaking? What is this guy talking?"
  2311. 1:28:10Suddenly, I'm not even speaking English
  2312. 1:28:11anymore. So, that's why it's very
  2313. 1:28:14important that you understand what we're
  2314. 1:28:15going to talk about right now. Okay?
  2315. 1:28:17We're still in the same concept. Same
  2316. 1:28:20not flow. What's What's the word? Same
  2317. 1:28:24same not zone. Oh my god, I forgot. I
  2318. 1:28:26can't speak English no more. Same
  2319. 1:28:30POV, same perspective, same Oh my god, I
  2320. 1:28:33literally forgot the word I was going to
  2321. 1:28:34use. Same
  2322. 1:28:37field. No, same concept. All right,
  2323. 1:28:40perfect. Same concept. So, you know
  2324. 1:28:43what? I'm going to do it white so that
  2325. 1:28:45it's neutral.
  2326. 1:28:48Here we go.
  2327. 1:28:52All right. This is a more realistic
  2328. 1:28:53example. So, we're going to have
  2329. 1:28:54something like this. Boom. Boom. Boom.
  2330. 1:28:56Boom. Boom. Then boom boom boom boom
  2331. 1:29:00boom boom. Maybe boom. Then boom boom
  2332. 1:29:04boom boom boom boom boom then boom boom
  2333. 1:29:09boom boom
  2334. 1:29:13then boom boom boom boom boom. Something
  2335. 1:29:16like this. That's the more realistic
  2336. 1:29:17charts. Right now let's mark it up. Are
  2337. 1:29:21we in an uptrend or are we in a
  2338. 1:29:23downtrend now? You see? Then let's end
  2339. 1:29:26it with this to make it easier for you.
  2340. 1:29:30I want you to answer this question. Are
  2341. 1:29:31we in an uptrend or are we in a
  2342. 1:29:32downtrend? Pause the video, think about
  2343. 1:29:36it, and then answer the question and
  2344. 1:29:39then lock in with me so that we can
  2345. 1:29:41actually see what type of trend are we
  2346. 1:29:43in.
  2347. 1:29:46I'll give you like five seconds and you
  2348. 1:29:48have to pause the video because I'm not
  2349. 1:29:50going to wait forever.
  2350. 1:29:52And let's assume that you paused the
  2351. 1:29:54video and now you continued it and now
  2352. 1:29:55we're going to talk about it. All right.
  2353. 1:29:57If you didn't pause, it's all right.
  2354. 1:30:00Let's get it. So, we have a high,
  2355. 1:30:04then we have a low. Perfect.
  2356. 1:30:08Lower low.
  2357. 1:30:10Let's just make the size of this
  2358. 1:30:11smaller. Boom. And then we have a lower
  2359. 1:30:15high, lower low. So,
  2360. 1:30:19lower high,
  2361. 1:30:21lower low. Let's write the down.
  2362. 1:30:28Lower high
  2363. 1:30:31and lower low. Perfect.
  2364. 1:30:34Then we have a lower high.
  2365. 1:30:40Oops.
  2366. 1:30:42Lower low. Perfect.
  2367. 1:30:46Lower high,
  2368. 1:30:48lower low. Actually, I forgot to do this
  2369. 1:30:50as well.
  2370. 1:30:53Boom.
  2371. 1:30:56Bearish break structure.
  2372. 1:31:01Bearish
  2373. 1:31:03break structure. And now we broke the
  2374. 1:31:07most recent lower high. Remember, first
  2375. 1:31:09step of switching from a downtrend to an
  2376. 1:31:11uptrend, change of character. Okay,
  2377. 1:31:13nice.
  2378. 1:31:15So, this right here
  2379. 1:31:19is the change of character.
  2380. 1:31:22Perfect.
  2381. 1:31:27Just so you guys can see it better.
  2382. 1:31:32Ah, you guys are smart enough to see it.
  2383. 1:31:34And then we made a higher low. Higher
  2384. 1:31:35high. Perfect.
  2385. 1:31:37So, this right here became the higher
  2386. 1:31:39low.
  2387. 1:31:43And this right here became the higher
  2388. 1:31:44high.
  2389. 1:31:47All right. Then we move this here.
  2390. 1:31:50All right. Now we're in a confirmed
  2391. 1:31:52uptrend, right? Because we have the
  2392. 1:31:54change of character and we had a break
  2393. 1:31:55structure.
  2394. 1:31:58Bullish break structure. Then created
  2395. 1:32:01the higher low, higher high. Perfect.
  2396. 1:32:08So higher low.
  2397. 1:32:13Higher high.
  2398. 1:32:17Boom.
  2399. 1:32:21Break of structure.
  2400. 1:32:24Boom. Perfect. Then we made a higher
  2401. 1:32:27low. Higher high. So this became the
  2402. 1:32:29higher low. This became the higher high.
  2403. 1:32:35Again. Higher low.
  2404. 1:32:38Higher high.
  2405. 1:32:41Okay, nice.
  2406. 1:32:46And then we have a high low.
  2407. 1:32:49So now here we have the change of
  2408. 1:32:50character. Remember downtrend, sorry,
  2409. 1:32:52uptrend to downtrend. First step, change
  2410. 1:32:54of character. When does the change of
  2411. 1:32:56character happen? When we break the
  2412. 1:32:57higher low. So here we broke the higher
  2413. 1:33:00low. So this was our first step aka a
  2414. 1:33:03change of character.
  2415. 1:33:05Boom. Bearish change of character. Nice.
  2416. 1:33:07Now we have a high, low, potential lower
  2417. 1:33:10high because we still didn't break the
  2418. 1:33:11lows. We didn't do this, for example, to
  2419. 1:33:12count it as a lower high. So this is a
  2420. 1:33:15potential lower high, low, lower high,
  2421. 1:33:17lower low. Okay, this right here became
  2422. 1:33:20the lower low. Let's see where is the
  2423. 1:33:22most recent lower high. We do a snake
  2424. 1:33:24method. Boom. Oh. Oh, here it is. I
  2425. 1:33:27found the lower high. Perfect. So this
  2426. 1:33:30is the lower high.
  2427. 1:33:33This became the lower high. Sorry.
  2428. 1:33:37And then
  2429. 1:33:40right here break structure.
  2430. 1:33:44Cool.
  2431. 1:33:48Lower high. Lower low. Lower high. Lower
  2432. 1:33:50low. Okay. Nice.
  2433. 1:33:53Easy. So now this became the lower high.
  2434. 1:33:57This right here became the lower low.
  2435. 1:33:59So this became the lower high.
  2436. 1:34:03This became the lower low.
  2437. 1:34:06And this right here is the break of
  2438. 1:34:08structure. Cool.
  2439. 1:34:11Now, we broke the lower high. Remember,
  2440. 1:34:15first step from switching from a
  2441. 1:34:17downtrend uptrend, change of character.
  2442. 1:34:19Okay, that and that happens when we
  2443. 1:34:21break the most recent confirmed lower
  2444. 1:34:23high. So, this right here
  2445. 1:34:26is a change of character.
  2446. 1:34:30Cool.
  2447. 1:34:32And then we had a higher low. Higher
  2448. 1:34:34high. Nice. This became the higher high.
  2449. 1:34:38This right here became the higher low.
  2450. 1:34:50Cool. This right here became the break
  2451. 1:34:53structure.
  2452. 1:34:57Nice. And then again, you see we're in
  2453. 1:35:00an uptrend. The uptrend didn't last for
  2454. 1:35:02long. Then we had a change of character
  2455. 1:35:03again. Oh. Oh, I hate when this happens,
  2456. 1:35:06but sometimes it does. And there's
  2457. 1:35:09nothing we can do about it. Bearish
  2458. 1:35:11change of character. Now we have just a
  2459. 1:35:13high and a low. And now look what
  2460. 1:35:15happened here. We have a low, high,
  2461. 1:35:17higher, low, higher, high, higher, low,
  2462. 1:35:19higher, high. Oh,
  2463. 1:35:21change of character. Again, this doesn't
  2464. 1:35:23this is a bit advanced actually. I have
  2465. 1:35:25to talk about it later
  2466. 1:35:28because it doesn't happen very often
  2467. 1:35:29that you get change of character
  2468. 1:35:30followed by a change of character. But
  2469. 1:35:32we're going to talk about it. No
  2470. 1:35:33problem. So this was the change of
  2471. 1:35:34character. Okay. Where's the most recent
  2472. 1:35:36higher low? Right here. Yeah. Actually,
  2473. 1:35:38this is going to confuse you now. Let's
  2474. 1:35:40ignore this. Let's say we didn't have
  2475. 1:35:42this change of character. It's better so
  2476. 1:35:45you don't guys don't get confused.
  2477. 1:36:00Yeah. Just so you guys don't get
  2478. 1:36:02confused, I'm going remove this part.
  2479. 1:36:06Boom.
  2480. 1:36:08Okay.
  2481. 1:36:12Then let's do this. Higher high. Higher
  2482. 1:36:15low. Or let's start from here. Low.
  2483. 1:36:17High. Higher low. Higher high. Okay. So,
  2484. 1:36:19we were here. Boom. Then we created the
  2485. 1:36:23higher low. Higher high. Nice. So, this
  2486. 1:36:25right here became the higher low. This
  2487. 1:36:28right here became the higher high.
  2488. 1:36:32Higher low.
  2489. 1:36:36Higher high. This right here became the
  2490. 1:36:38break structure.
  2491. 1:36:46Oh, break structure.
  2492. 1:36:49Then higher low, higher high again. This
  2493. 1:36:52became the higher low
  2494. 1:36:55right here.
  2495. 1:36:58And this up there became the higher
  2496. 1:37:00high.
  2497. 1:37:03Boom. And this right here became the
  2498. 1:37:05break structure.
  2499. 1:37:10Boom. Then higher low. Higher high. So
  2500. 1:37:13this right here became the higher low.
  2501. 1:37:16This right here became the higher high
  2502. 1:37:25and then this right here became the
  2503. 1:37:27break of structure
  2504. 1:37:32and that's it. So conclusion, we are in
  2505. 1:37:35an uptrend. Okay, regarding that part
  2506. 1:37:36that's going to confuse you a bit that I
  2507. 1:37:38deleted, we're going to fix it later. No
  2508. 1:37:40problem. Like I might teach it to you
  2509. 1:37:41later on. Okay, so don't stress about it
  2510. 1:37:43too much. And that's it pretty much. You
  2511. 1:37:45see, it's very easy. If you guess
  2512. 1:37:48directly it's a uptrend, then you didn't
  2513. 1:37:51do it right. Your answer technically is
  2514. 1:37:53right, but you did it wrong. The right
  2515. 1:37:55way is to actually, you know, go through
  2516. 1:37:57it like this to be able to actually
  2517. 1:37:59identify which trend we're in. And then
  2518. 1:38:01you'll be able to get an answer. If you
  2519. 1:38:03just guessed from a first look, then
  2520. 1:38:05yeah, it was obvious, but like I want
  2521. 1:38:08you to actually do this because
  2522. 1:38:09otherwise when we go to the charts,
  2523. 1:38:11you're gonna literally be, you know, you
  2524. 1:38:13have to do this otherwise you're going
  2525. 1:38:15to be confused. And yeah, that's it
  2526. 1:38:16pretty much for trend reversals. So now
  2527. 1:38:19we're going to move to the next thing,
  2528. 1:38:21which is now we starting to get more
  2529. 1:38:23exciting actually. Now it's getting
  2530. 1:38:24trading is starting to get more
  2531. 1:38:26interesting, let's say, and soon we're
  2532. 1:38:28going to move to the charts. So I hope
  2533. 1:38:29you guys are excited. Let's get it. All
  2534. 1:38:32right. All right. So, now we're done
  2535. 1:38:33with drawing, you know, with these
  2536. 1:38:35lines. I I know you guys probably don't
  2537. 1:38:37like them. I don't like them either, to
  2538. 1:38:38be honest. And now we're going to start
  2539. 1:38:40moving a bit further to the candles.
  2540. 1:38:42Well, obviously I'm not going to be
  2541. 1:38:43like, "Oh, this is an uptrend." No. Now,
  2542. 1:38:45what we're going to talk about is what
  2543. 1:38:47is a low. Okay? And here we're going to
  2544. 1:38:50talk about what is a high because these
  2545. 1:38:52two are really important. And after
  2546. 1:38:55that, most probably we're going to move
  2547. 1:38:57to the next step and actually start
  2548. 1:38:58doing it on the charts itself. So,
  2549. 1:39:02lock him with me, twin. This is super
  2550. 1:39:05important because we're going to be
  2551. 1:39:06doing it here first and then we're going
  2552. 1:39:09to start doing it on the charts. Okay, I
  2553. 1:39:11found like if we do this here first,
  2554. 1:39:13it's going to be easier for you guys
  2555. 1:39:14when we actually go to the charts. So,
  2556. 1:39:17let's get it. So, obviously this is this
  2557. 1:39:20right here is the uptrend. If you if you
  2558. 1:39:22don't know this, that means you the
  2559. 1:39:24whole video I've been talking about, you
  2560. 1:39:26aren't listening to me. That's just me
  2561. 1:39:27being completely honest with you. So, I
  2562. 1:39:29hope you were listening, right? I
  2563. 1:39:32believe that you were listening. I don't
  2564. 1:39:34think you would be this long in the
  2565. 1:39:35video and not be listening, right? So,
  2566. 1:39:37this is a clean uptrend. All right. And
  2567. 1:39:42now, what we're going to talk about,
  2568. 1:39:43what is a low? A low or a higher low is
  2569. 1:39:47made from a bearish candle.
  2570. 1:39:50You remember bearish candle like this
  2571. 1:39:52one,
  2572. 1:39:54followed [snorts] by a bullish candle.
  2573. 1:39:57That's the definition of a low. It's a
  2574. 1:40:00bearish candle followed by a bullish
  2575. 1:40:02candle. So, we need a in this case, we
  2576. 1:40:04need a red candle followed by a green
  2577. 1:40:08candle. So, if it's a green green, it's
  2578. 1:40:10not a low. If it's a red red, it's not a
  2579. 1:40:14low. It has to be a red candle followed
  2580. 1:40:17by a green candle or a bearish candle
  2581. 1:40:19followed by a bullish candle. Very easy,
  2582. 1:40:22very simple. Now, it should do a good
  2583. 1:40:25pullback. You remember the pullback we
  2584. 1:40:27talked about? I don't want it to be
  2585. 1:40:29something like this. No, that wouldn't
  2586. 1:40:31be a higher low right here. It has to be
  2587. 1:40:33a good pullback. Something like this,
  2588. 1:40:35like this, and then like this. Then this
  2589. 1:40:38would be a good higher low. I don't want
  2590. 1:40:40to see, you know, a small move, big
  2591. 1:40:43move, then small move, then big move.
  2592. 1:40:45No, then it's not a higher low. It has
  2593. 1:40:47to be a big move, big move, big move.
  2594. 1:40:51Okay, so that's the second thing. Think
  2595. 1:40:54about as if you wanted to come back at
  2596. 1:40:56least 25% of the whole move. 25 boom 25
  2597. 1:41:00boom or 50 or 75. The more the better.
  2598. 1:41:03But if it's like 5% and then push, this
  2599. 1:41:06wouldn't be a higher low. No, it has to
  2600. 1:41:08come. You see how this for example, let
  2601. 1:41:10me show you a better example.
  2602. 1:41:12If it goes up, if it comes back, let's
  2603. 1:41:14say like boom boom. Is this a higher
  2604. 1:41:16low? Yes. Because look, this whole move
  2605. 1:41:19up, we filled more than half of it.
  2606. 1:41:22Good.
  2607. 1:41:23Is this right here a higher low? Yes,
  2608. 1:41:26because look all this move we we pulled
  2609. 1:41:29back like I don't know 35%. Good. Okay.
  2610. 1:41:33Is this a higher low? No, because we
  2611. 1:41:35didn't even do 25%. For instance, now
  2612. 1:41:38obviously on when we're doing it on the
  2613. 1:41:39charts, it's going to be way easier to
  2614. 1:41:41see. So, it should do a good pullback.
  2615. 1:41:43And then third, you should see a U
  2616. 1:41:45shape. So, something like this.
  2617. 1:41:48Sometimes I call it Vshape as well.
  2618. 1:41:50Okay, it depends. U shape or Vshape,
  2619. 1:41:53whatever you want to call it, it's up to
  2620. 1:41:54you. Like I want to see something like
  2621. 1:41:56this or something like this. Boom. Boom.
  2622. 1:41:58So, you see how we have a U here? That's
  2623. 1:42:01what would say, okay, we have a higher
  2624. 1:42:03low here. You see how we have a U here?
  2625. 1:42:05Okay, this says we have a higher low
  2626. 1:42:07here. And by the way, there is an
  2627. 1:42:09indicator that I'm going to give you
  2628. 1:42:10guys that's going to make your life way
  2629. 1:42:11easier. So, lock in with me, but you
  2630. 1:42:14still need to understand this first.
  2631. 1:42:16So, yeah, that should be it for what is
  2632. 1:42:18a low. So first tip is this right here
  2633. 1:42:21low. Yes, it is. Why? Because we have
  2634. 1:42:24first thing is made from a bearish
  2635. 1:42:26candle followed by a bullish candle.
  2636. 1:42:27Okay, bearish candle followed by a
  2637. 1:42:28bullish candle. Good. Should do a good
  2638. 1:42:31pullback. Okay, let's see. Oh
  2639. 1:42:33actually, you know, it retraced around
  2640. 1:42:3550% here. Good
  2641. 1:42:38Ushape. All right, it did a U-shape.
  2642. 1:42:40Amazing.
  2643. 1:42:43Same concept for this one. Is this right
  2644. 1:42:45here high or low? Well, let's see.
  2645. 1:42:48Bearish candle followed by a bullish
  2646. 1:42:49candle. Good. Should do a pullback. All
  2647. 1:42:52right, let's see. Oh, actually filled
  2648. 1:42:54almost half of this part. That's good. U
  2649. 1:42:57shape or Vshape, whatever you want to
  2650. 1:42:59call it. Oh. Oh. Oh, we did. And then
  2651. 1:43:01obviously confirming the higher low,
  2652. 1:43:03which is breaking the highs. And here,
  2653. 1:43:06for example, for this to become a
  2654. 1:43:08confirmed higher low, we need to break
  2655. 1:43:09the highs. But that you should be able
  2656. 1:43:11to know if you watch actually the whole
  2657. 1:43:13video. If you didn't, you know, why am I
  2658. 1:43:15repeating it? If someone came skipped
  2659. 1:43:17directly here, they don't deserve to
  2660. 1:43:19know that information. They should go
  2661. 1:43:20back and watch the video from the start.
  2662. 1:43:23Yeah, cuz we explained it earlier. So
  2663. 1:43:25that should be it for
  2664. 1:43:27the uptrend or for the what is a low.
  2665. 1:43:30Now, same concept for the high, but it's
  2666. 1:43:33the opposite now. So market structure
  2667. 1:43:35candles, what is a high? So obviously
  2668. 1:43:37clearly this is a clear downtrend. I
  2669. 1:43:40don't know who's texting me on Discord
  2670. 1:43:42right now. So this is a clean downtrend
  2671. 1:43:46right here.
  2672. 1:43:49And what is a high? A high or a lower
  2673. 1:43:52high is made from a bullish candle
  2674. 1:43:55followed by a bearish candle. Okay,
  2675. 1:43:57let's see. It's a bullish candle
  2676. 1:43:59followed by a bearish candle. Nice.
  2677. 1:44:01Bullish candle followed by a bearish
  2678. 1:44:03candle. Nice. Should have a pullback.
  2679. 1:44:06You see, we had this move. We pulled
  2680. 1:44:08back around 50%. That's good. And then
  2681. 1:44:11we broke the lows again. Same concept
  2682. 1:44:13here. Okay, we have this move. We did a
  2683. 1:44:16pullback and then we pushed again.
  2684. 1:44:18Great. Third rule should make N shape.
  2685. 1:44:20Now, I'm not talking about literally an
  2686. 1:44:22N shape like this. No, no, no. I'm just
  2687. 1:44:24talking about the first part of the N.
  2688. 1:44:26To be honest, I couldn't find a better
  2689. 1:44:28description. Maybe I should have said V
  2690. 1:44:30[snorts] that's reversed. You know, like
  2691. 1:44:32this. Yeah. So V that reversed.
  2692. 1:44:34Actually, it's better than saying N. V
  2693. 1:44:36that's reversed. Something like this.
  2694. 1:44:38All right. or a U that's reversed even
  2695. 1:44:40even easier. So you see we have boom
  2696. 1:44:44boom that's a V that's reversed, right?
  2697. 1:44:46Boom boom that's a V that's reversed. So
  2698. 1:44:49yeah, that should be it. So what is a
  2699. 1:44:51high? A high is a bullish candle
  2700. 1:44:52followed by a bearish candle. Easy. I
  2701. 1:44:55know this is very simple, but trust me,
  2702. 1:44:56a lot of people mess it up and although
  2703. 1:44:59they're advanced traders, they still
  2704. 1:45:00mess it up. So high or lower high is a
  2705. 1:45:04bullish candle followed by a bearish
  2706. 1:45:05candle. Easy.
  2707. 1:45:08should have a pullback. Okay, let's see.
  2708. 1:45:10This move was like, let's say, I don't
  2709. 1:45:12know, 20 points or pips. The move back
  2710. 1:45:15was 10 pips or points. Cool. We made
  2711. 1:45:19like 50% going back. That's good. Make
  2712. 1:45:22an N shape or a V. Let's call upside
  2713. 1:45:25down V. Boom. Boom. All right, that's
  2714. 1:45:28perfect. So, this right here will beame
  2715. 1:45:30became a lower high. And obviously, we
  2716. 1:45:32broke the loads as well. If you watch
  2717. 1:45:34the previous if you watch this whole
  2718. 1:45:36video, you would know what I mean. And
  2719. 1:45:37now it's a confirmed lower high. Same
  2720. 1:45:40thing now for here. Have first thing
  2721. 1:45:45bullish candle followed by a bearish
  2722. 1:45:47candle. Done. Should I have a pullback?
  2723. 1:45:49Okay, we did do a pullback. Make an end
  2724. 1:45:51shape. Boom. Boom. Good. And then
  2725. 1:45:55obviously that we broke the lows. So
  2726. 1:45:57this makes it confirmed lower high.
  2727. 1:46:00Yeah, that should be it for for this.
  2728. 1:46:02It's pretty easy. Like I don't think
  2729. 1:46:04it's confusing what is a high, what is a
  2730. 1:46:05low. So, so yeah, now you know what is a
  2731. 1:46:07high, what is a low. Now, let's keep
  2732. 1:46:09going. All right. So, this is absolutely
  2733. 1:46:11the last part before we move to we have
  2734. 1:46:13a quiz first after this part and then
  2735. 1:46:15after that we're going to be doing the
  2736. 1:46:17charts actually, you know, going through
  2737. 1:46:19it on the charts. But before we do so,
  2738. 1:46:22let's talk about this last thing before
  2739. 1:46:24the quiz. So, lock in so that you can
  2740. 1:46:25actually perform good in the quiz. All
  2741. 1:46:28right. So when we do this, we look at
  2742. 1:46:33when we reading break structure and
  2743. 1:46:35change of character, we focus on body
  2744. 1:46:37closure, not only the wicks or we don't
  2745. 1:46:40focus on the wicks. We focus mostly on
  2746. 1:46:42body closure. Okay? So for break
  2747. 1:46:46structure and change of character, we
  2748. 1:46:48look at the bodies, not the wicks. What
  2749. 1:46:49do I mean by that? We look at the body.
  2750. 1:46:51You remember how we talked about it
  2751. 1:46:52earlier, the body of the candle, body of
  2752. 1:46:55the candle, body of the candle. I don't
  2753. 1:46:57care about the wicks and break structure
  2754. 1:47:00and change of character. I don't care
  2755. 1:47:01about the wicks. Okay? So, we going to
  2756. 1:47:04be focusing on the bodies instead of the
  2757. 1:47:06wicks. Now, breakoff structure and
  2758. 1:47:09change of character, the body needs to
  2759. 1:47:11close above the body.
  2760. 1:47:14Above
  2761. 1:47:17slash below.
  2762. 1:47:20So, for break structure and change of
  2763. 1:47:22character, the body needs to close above
  2764. 1:47:24slash below the body. This is the body,
  2765. 1:47:26right? It has to close above or below
  2766. 1:47:30the body of the second, you know, the
  2767. 1:47:32high or the low. Okay? So, it has to
  2768. 1:47:35close above or below the higher highs uh
  2769. 1:47:39body or the lower lows body or the lower
  2770. 1:47:41highs body or the higher lows body and
  2771. 1:47:44so on. Let me explain to you what I
  2772. 1:47:46mean. So, we have a low.
  2773. 1:47:52So I have a low higher low higher high
  2774. 1:47:55breaker structure. I'm not going to
  2775. 1:47:57explain what I mean with the bodies
  2776. 1:47:58here. Let's just give me a second. Then
  2777. 1:48:00higher low higher high breaker
  2778. 1:48:03structure. Now
  2779. 1:48:05the way I do it, I'm explaining to you
  2780. 1:48:07the way I do it, the way other people do
  2781. 1:48:09it and which one is right and which one
  2782. 1:48:10is wrong. And there is nothing called
  2783. 1:48:12right and wrong here. It's just
  2784. 1:48:14preference. If you want to trade like
  2785. 1:48:15me, do the way I do it. Okay. So the
  2786. 1:48:19break of structure, you see this candle,
  2787. 1:48:22I want the body cuz like if this closes
  2788. 1:48:24like this, this is not a break
  2789. 1:48:25structure. Okay? I want the body of the
  2790. 1:48:28candle to close above the body of the
  2791. 1:48:31high. So let's go step step back. What
  2792. 1:48:34is a high? A bullish candle followed by
  2793. 1:48:37a bearish candle. Right? That's what we
  2794. 1:48:39said. A high is a bullish candle
  2795. 1:48:41followed by a bearish candle. So
  2796. 1:48:44for this to be a break structure, I want
  2797. 1:48:47the body of the candle to close above
  2798. 1:48:51the body of the high. Now some people
  2799. 1:48:57even if this was like this for example,
  2800. 1:48:58I don't care. I don't mind. This is
  2801. 1:49:01still a breaker structure. Why? Because
  2802. 1:49:03the body, you see where this is the
  2803. 1:49:05body. Remember in the beginning we were
  2804. 1:49:06saying body open, body close. You see
  2805. 1:49:08where the body close here is? It's
  2806. 1:49:10closed above the body here. That's why
  2807. 1:49:12this is a break structure. Now some
  2808. 1:49:15people would say okay if we wick if the
  2809. 1:49:19wick wicks above the other wicks then
  2810. 1:49:21it's a break structure. So they would
  2811. 1:49:23count only this as a breakout structure
  2812. 1:49:26not this. Some other people would tell
  2813. 1:49:28you okay no I want to see the body
  2814. 1:49:31closing above the wicks for example. So
  2815. 1:49:33only if the body closes above all the
  2816. 1:49:35wicks that's a break structure.
  2817. 1:49:38ICT or TGR for example does that. tells
  2818. 1:49:41you okay only if the body of the candle
  2819. 1:49:43closes above the wick then it's a
  2820. 1:49:46breaker structure. Some people would
  2821. 1:49:48tell you no if we wick above the wicks
  2822. 1:49:52then it's a breaker structure.
  2823. 1:49:54Some people would tell you no only if
  2824. 1:49:59we do both for example or only if what
  2825. 1:50:02else do we have? If we wick above the
  2826. 1:50:05bodies for example,
  2827. 1:50:07I don't think anyone does that. Anyway,
  2828. 1:50:10like only if we wick above the wicks or
  2829. 1:50:13only if we wick above the body, I would
  2830. 1:50:15count it as a breaker structure. Now,
  2831. 1:50:16the way I do it, no. The body
  2832. 1:50:20has to close above the body. I don't
  2833. 1:50:23care about the wick. If the wick goes up
  2834. 1:50:25here, cool. If it goes up here, cool. If
  2835. 1:50:29it doesn't have a wick, I don't care. So
  2836. 1:50:32regardless, I don't care. All I care
  2837. 1:50:34about is the body closing above the
  2838. 1:50:37body. Now if I get this, I'm not sad,
  2839. 1:50:39you know, but yet still this is the
  2840. 1:50:41break structure. So that's it. So the
  2841. 1:50:45summary of this break structure and
  2842. 1:50:47change of character, the body needs to
  2843. 1:50:49close above or below the body. So here
  2844. 1:50:52the break structure is because this body
  2845. 1:50:55closed above this body. Now same concept
  2846. 1:50:58for change of character.
  2847. 1:51:00The body needs to close below in this
  2848. 1:51:03case this body. You see that's it. That
  2849. 1:51:06would be a change of character because
  2850. 1:51:07this was the higher low, right? This
  2851. 1:51:09right here is the higher low. So we have
  2852. 1:51:10a low, high, higher low, higher high,
  2853. 1:51:13higher low, higher high. And now we
  2854. 1:51:15broke the low. And now you're going to
  2855. 1:51:16start understanding what I used to mean
  2856. 1:51:18when I say the low, the low. You know,
  2857. 1:51:20we broke the low. This is exactly what I
  2858. 1:51:22mean with broke. When I say broke, I
  2859. 1:51:24mean the body closed below or the body
  2860. 1:51:27close above the body. Okay? cuz I'm
  2861. 1:51:30going use this word a lot often. So
  2862. 1:51:33this case right here, the body closed
  2863. 1:51:35below this body. Cool. This is a change
  2864. 1:51:37of character. Now, is this right here a
  2865. 1:51:41change of character? No. Now, although
  2866. 1:51:43some people would count this as a change
  2867. 1:51:44of character right here because we the
  2868. 1:51:46wick wicked below the wick. I don't care
  2869. 1:51:50about that. No. This in my opinion is
  2870. 1:51:51not a change of character. Now, some
  2871. 1:51:53people would tell you, okay, this is
  2872. 1:51:54only change of character if the body
  2873. 1:51:57closes below the wicks. No, that's not a
  2874. 1:52:00change of character. Or it is in this
  2875. 1:52:01case because it also did a change of
  2876. 1:52:03character on mine. But that's not why
  2877. 1:52:05it's a change of character for me. It um
  2878. 1:52:07it's enough to say a change of character
  2879. 1:52:09is when the body close below the body.
  2880. 1:52:13And that's how simple it is. Summary. In
  2881. 1:52:17a breaker structure, let's say in an
  2882. 1:52:19uptrend, the body has to close above the
  2883. 1:52:21body of the highs to count as a breaker
  2884. 1:52:23structure. For a change of character,
  2885. 1:52:25the body needs to close below the higher
  2886. 1:52:28lows body to count it as a change of
  2887. 1:52:29character.
  2888. 1:52:31In a downtrend, same exact concept,
  2889. 1:52:33right? We have a high low, lower high,
  2890. 1:52:36lower low, lower high, lower low.
  2891. 1:52:39Correct? Correct.
  2892. 1:52:41This is the breaker structure. Why?
  2893. 1:52:43Because the body closed below the body.
  2894. 1:52:46Now you answer this question. Is this a
  2895. 1:52:48breaker structure? No, it's not. Why?
  2896. 1:52:51Because the body didn't close below the
  2897. 1:52:53bodies. Only now it is. All right. Same
  2898. 1:52:56concept here. Change of character. This
  2899. 1:52:58is a change of character because the
  2900. 1:53:00body right here closed above the body
  2901. 1:53:02right here. Okay. Uh maybe this one even
  2902. 1:53:05like as well. Boom.
  2903. 1:53:08You see this was right here. A break
  2904. 1:53:11structure. Now, yes, it closed below the
  2905. 1:53:13wicks. Cool. I mean, even better. But I
  2906. 1:53:15don't care, you know? As long as it's
  2907. 1:53:16closed below the body, that's all I care
  2908. 1:53:19about. Now, would this have been a a
  2909. 1:53:21change of character? No, it wouldn't.
  2910. 1:53:23Right? Why? Because some people be like,
  2911. 1:53:26"Oh, but we wicked above the wicks. This
  2912. 1:53:28is a change of character." Something
  2913. 1:53:30like this. No, it's not. It's not. I
  2914. 1:53:34don't care about the wick. I care about
  2915. 1:53:36the body. Okay? So, if that happened,
  2916. 1:53:39cool. I'm still having the same exact
  2917. 1:53:41chart and this still the lower height.
  2918. 1:53:43But if this did this,
  2919. 1:53:46then it would have been a change of
  2920. 1:53:47character.
  2921. 1:53:48So yeah, that's it pretty much. Pretty
  2922. 1:53:50easy. Don't mess it up. You just got to
  2923. 1:53:54understand break structure again. Buddy
  2924. 1:53:56with a body. Change of character body
  2925. 1:53:58with a body. Now if you used to do it
  2926. 1:54:00through the wicks or you used to doing
  2927. 1:54:02something else, I'm cool with it. You
  2928. 1:54:04can do that. And actually it's not going
  2929. 1:54:05to make the strategy work or not work.
  2930. 1:54:07Like this is not what makes the strategy
  2931. 1:54:08work or not work. If you still want to
  2932. 1:54:10follow the wicks, I'm all right with it.
  2933. 1:54:13If you want to follow the body closing
  2934. 1:54:15below the wicks, I want I'm okay with
  2935. 1:54:16it. If you want, okay, like if you want
  2936. 1:54:17to count this as a change of character,
  2937. 1:54:19I'm okay with it. It's just I want you
  2938. 1:54:21to do the same exact thing every single
  2939. 1:54:23time. Okay, that's the most important
  2940. 1:54:25part. So, do the same exact thing every
  2941. 1:54:27single time. And then that's how you're
  2942. 1:54:29going to be able to build consistency.
  2943. 1:54:31Otherwise, you're not going to be able
  2944. 1:54:33to build consistency. So, always,
  2945. 1:54:34always, always, whichever you choose, do
  2946. 1:54:36the same thing over and over and over
  2947. 1:54:38again. And I would recommend you to do
  2948. 1:54:40my way because if I do it and I'm
  2949. 1:54:43profitable with it, my students do it
  2950. 1:54:45and able to be profitable using that,
  2951. 1:54:47why wouldn't you, right? So yeah, that's
  2952. 1:54:50it pretty much. Now let's move to the
  2953. 1:54:51quiz. All right. All right. So now we're
  2954. 1:54:53going to start with the quiz. And look,
  2955. 1:54:55the rules I want you to guys to follow
  2956. 1:54:57when doing this quiz is like this. So I
  2957. 1:54:59don't want you guys to
  2958. 1:55:01actually just hear me saying the answer,
  2959. 1:55:03right? So I'mma ask the question. I want
  2960. 1:55:06you to pause the video. I'm going just
  2961. 1:55:08wait like two three seconds and then I'm
  2962. 1:55:09going to say the answer. But I want you
  2963. 1:55:11after I ask every single question, pause
  2964. 1:55:14the video, answer the question, and then
  2965. 1:55:17actually look at the answer. All right?
  2966. 1:55:19And every time you answer, I don't want
  2967. 1:55:22it to be, you know, like just quick
  2968. 1:55:23look. No, like I, for example.
  2969. 1:55:27No, I want you to actually, you know,
  2970. 1:55:29chart it out, draw the break structure,
  2971. 1:55:31all of that. You know, do it in depth.
  2972. 1:55:33And there's a lot of questions. It
  2973. 1:55:35starts simple but then it, you know, it
  2974. 1:55:36goes a bit more advanced. So there's
  2975. 1:55:39like 22 questions. So yeah, after that
  2976. 1:55:42we're going to go to the charts. So if
  2977. 1:55:44you don't understand this part, you're
  2978. 1:55:46not going to be able to understand the
  2979. 1:55:46charts part cuz this is the b not the
  2980. 1:55:50basics. This is pretty much advanced
  2981. 1:55:52now. But this is like just me charting
  2982. 1:55:55out and obviously charting out is easier
  2983. 1:55:56than the charts. So if you don't
  2984. 1:55:58understand the easier part which is the
  2985. 1:56:00charting out, how are you expecting
  2986. 1:56:02yourself to understand it on the charts
  2987. 1:56:03itself? Right? Anyway, let's get into
  2988. 1:56:06it. So what is this called? The yellow
  2989. 1:56:10line right here. What is the name of
  2990. 1:56:12this? So after we broke this high, what
  2991. 1:56:14is this called? This is pretty easy. All
  2992. 1:56:16right, pause the video.
  2993. 1:56:19Amazing. So this right here is called
  2994. 1:56:23breaker structure, right? I believe this
  2995. 1:56:26is very easy. If you confused about
  2996. 1:56:29this, that means you didn't watch the
  2997. 1:56:31whole video 100%. And you just skipped
  2998. 1:56:33to this part. So that's why you have to
  2999. 1:56:36rewatch the whole course. If you didn't,
  3000. 1:56:37if you weren't able to answer this,
  3001. 1:56:39you're not going to be able to
  3002. 1:56:40understand anything that I'm going to be
  3003. 1:56:42talking about forward. So re-watch the
  3004. 1:56:44whole video. Now, is this right here a
  3005. 1:56:46break structure?
  3006. 1:56:49Now, let's see. So, we got a low
  3007. 1:56:55high,
  3008. 1:57:01higher low.
  3009. 1:57:03This is a bit tricky though, huh? Higher
  3010. 1:57:05high.
  3011. 1:57:07Correct. And then we had a breaker
  3012. 1:57:09structure right here.
  3013. 1:57:13Boom.
  3014. 1:57:15So,
  3015. 1:57:17low, high, higher low, higher high. Now
  3016. 1:57:22the breakout structure only happens once
  3017. 1:57:24we break the high. Correct? So before we
  3018. 1:57:27break the high, this is not called a
  3019. 1:57:28breakout structure. And then before we
  3020. 1:57:30break the lows or the higher low, this
  3021. 1:57:33is not called the change of character.
  3022. 1:57:34So is this right here a break structure?
  3023. 1:57:37The answer is simply no. Why? Because we
  3024. 1:57:39still didn't break the confirmed highs.
  3025. 1:57:41This became confirmed high after we had
  3026. 1:57:43the break structure here. But then after
  3027. 1:57:45that, anything that happens between this
  3028. 1:57:46blue line and this blue line doesn't
  3029. 1:57:48matter. This is just called internal
  3030. 1:57:50structure. So before we break this high
  3031. 1:57:52right here, it doesn't count as breakout
  3032. 1:57:55structure. So the answer is no. Now in
  3033. 1:57:59this one, which one is the recent higher
  3034. 1:58:01low? Is it number one or is it number
  3035. 1:58:03two? I'm going to give you a hint. Use
  3036. 1:58:05the snake method here. All right, use
  3037. 1:58:08the snake method. It's going to help
  3038. 1:58:09you. Now let's see. Is it number one or
  3039. 1:58:12number two? So before we answer, if you
  3040. 1:58:13directly answer this question, then
  3041. 1:58:16you're doing it wrong. All right. The
  3042. 1:58:17way I want you to do it is like this.
  3043. 1:58:19Start here. Now, obviously, when I'm
  3044. 1:58:21doing it on the charts, I don't do this
  3045. 1:58:22at all. But like in the beginning, it's
  3046. 1:58:25really good that you start with this.
  3047. 1:58:26And then after that, you're going to be
  3048. 1:58:28able to actually understand it. And once
  3049. 1:58:30you get that muscle memory, it's going
  3050. 1:58:31to be way smoother.
  3051. 1:58:34So, we have a low, high, higher low,
  3052. 1:58:38higher high. Boom.
  3053. 1:58:42Break structure right here.
  3054. 1:58:47Then, so now this became the low
  3055. 1:58:51and this became the high. Anything in
  3056. 1:58:53between we don't care about. Then we got
  3057. 1:58:55a higher low, higher high. Cool. This
  3058. 1:58:57right here became the higher low and
  3059. 1:59:00this right here became the higher high.
  3060. 1:59:02Perfect. So this became the higher low.
  3061. 1:59:06This became the higher high. Amazing.
  3062. 1:59:08Now anything in between we don't care
  3063. 1:59:09about. Cool.
  3064. 1:59:12Now we got the higher low. one of these
  3065. 1:59:15two and then here we got the break of
  3066. 1:59:17structure
  3067. 1:59:20bullish breakout structure. Now this
  3068. 1:59:23became the higher high and now where's
  3069. 1:59:26the higher low? Is it number one or
  3070. 1:59:27number two? Let's go back in the
  3071. 1:59:29definition. What is the definition of
  3072. 1:59:31the most recent higher low? The most
  3073. 1:59:33recent higher low is the most recent low
  3074. 1:59:37before the break structure. You're not
  3075. 1:59:39sure? Do the snake method.
  3076. 1:59:42Draw the head. the snake. Whoop. And
  3077. 1:59:45then once you see the first Vshape or
  3078. 1:59:47U-shape, that would be the higher low.
  3079. 1:59:49So, as I said again, you draw the head
  3080. 1:59:51of the snake, boom, boom, boom. First
  3081. 1:59:54curve. Okay, cool. In this case, number
  3082. 1:59:56two is the higher low. Number one in
  3083. 1:59:58this case called swing low, which is the
  3084. 2:00:00lowest point before the breakup
  3085. 2:00:02structure. We don't care about that.
  3086. 2:00:03What we care about is the most recent
  3087. 2:00:05higher low. So, the most recent higher
  3088. 2:00:06low in this case is number two. I know
  3089. 2:00:09you might have learned it from somewhere
  3090. 2:00:10else differently, but this is the way I
  3091. 2:00:13do it. That's it. Now, is this right
  3092. 2:00:17here a confirmed higher low?
  3093. 2:00:20Focus on the word confirmed.
  3094. 2:00:24Okay,
  3095. 2:00:26focus on the word confirmed.
  3096. 2:00:29Let's see if it's a confirmed one or
  3097. 2:00:32not. This is a low.
  3098. 2:00:37This is a high.
  3099. 2:00:42This is a higher low.
  3100. 2:00:46This is the higher high
  3101. 2:00:49with the blue lines. This is the higher
  3102. 2:00:51low. This is the higher high. We had the
  3103. 2:00:54break structure here.
  3104. 2:00:59Then we had a new higher low, higher
  3105. 2:01:01high. So this became the higher low.
  3106. 2:01:04And then this became the higher high.
  3107. 2:01:07Boom. Higher low,
  3108. 2:01:12higher high.
  3109. 2:01:14And this right here
  3110. 2:01:17is break structure.
  3111. 2:01:20And now this is this a confirmed higher
  3112. 2:01:23low? Well, simply the answer is
  3113. 2:01:27actually before I tell you what is the
  3114. 2:01:28definition of a confirmed higher low. A
  3115. 2:01:30confirmed higher low is the low after we
  3116. 2:01:34do the breaker structure. So here we had
  3117. 2:01:36the breaker structure. That's why this
  3118. 2:01:38right here became a confirmed higher
  3119. 2:01:40low. Now here we didn't break this high
  3120. 2:01:43yet. So that's why this is called a
  3121. 2:01:45potential higher low. This is not the
  3122. 2:01:47confirmed higher low. It only becomes
  3123. 2:01:49confirmed once we break the highs like
  3124. 2:01:52this. But because we still didn't break
  3125. 2:01:54the highs, we didn't get the break
  3126. 2:01:56structure yet. This is still not a
  3127. 2:01:58confirmed higher low. This is a
  3128. 2:02:00confirmed higher low. This right here is
  3129. 2:02:02not confirmed higher low. Okay. Very
  3130. 2:02:05simple. A lot of people mess this part
  3131. 2:02:07up before we break the highs. It's not
  3132. 2:02:10called
  3133. 2:02:12a higher low.
  3134. 2:02:15Cool. Cool. Now, is this a confirmed
  3135. 2:02:18higher low? Well, you might like, okay,
  3136. 2:02:20Omar, it's the same thing as this one.
  3137. 2:02:22Well, the answer here is yes. Why?
  3138. 2:02:25Because simply we had the break of
  3139. 2:02:27structure here.
  3140. 2:02:30And after the break structure, we do the
  3141. 2:02:31snake method. Boom.
  3142. 2:02:34Boom. And you'll see that this is the
  3143. 2:02:36confirmed higher low because we had the
  3144. 2:02:38break structure here. If we didn't have
  3145. 2:02:40the break structure like here, then it
  3146. 2:02:42wouldn't be a confirmed higher low. Like
  3147. 2:02:44here, you see we didn't have a break. We
  3148. 2:02:45had the breaker structure here. This was
  3149. 2:02:47the confirmed higher low here. We didn't
  3150. 2:02:49have a breaker structure. So, this is
  3151. 2:02:50still a potential higher low. Although,
  3152. 2:02:52yes, you it might fool you. You look at
  3153. 2:02:54it. Okay, it does did the U shape, but
  3154. 2:02:57yet we didn't break the highs. So,
  3155. 2:02:59that's why it's not a confirmed higher
  3156. 2:03:01low. On the other hand, you got here, is
  3157. 2:03:03this confirmed higher low? Yes. Why?
  3158. 2:03:05Because we simply got a break of
  3159. 2:03:06structure.
  3160. 2:03:08Cool. Let's keep going. Now, this is a
  3161. 2:03:11bit of tricky. Where is the higher low
  3162. 2:03:13here? Is it number one or is it number
  3163. 2:03:16two? I want you to go through it step by
  3164. 2:03:19step because this one, as I said, it's a
  3165. 2:03:21bit tricky. It's a bit tricky.
  3166. 2:03:25All right,
  3167. 2:03:27you have your answer locked in. Now,
  3168. 2:03:29let's see.
  3169. 2:03:31This is a low.
  3170. 2:03:34This is a high.
  3171. 2:03:38This right here is the higher low.
  3172. 2:03:42This right here is the higher high.
  3173. 2:03:46This right here is the break structure.
  3174. 2:03:51Boom. We do the blue line here.
  3175. 2:03:56Blue line here. And then
  3176. 2:03:59after that we made a new higher low, new
  3177. 2:04:02higher high. So we have a break
  3178. 2:04:04structure here.
  3179. 2:04:07Now this is the new higher high. And
  3180. 2:04:10this is the new higher low.
  3181. 2:04:16And then anything in between we don't
  3182. 2:04:18care about. So look before we break this
  3183. 2:04:20high right here, this is nothing
  3184. 2:04:23matters. This will stay the higher low
  3185. 2:04:24until we break this high. And before we
  3186. 2:04:26break this low right here, we don't get
  3187. 2:04:27a change of character. So anything
  3188. 2:04:29that's happening in between, we don't
  3189. 2:04:30care about. And you can see here, yeah,
  3190. 2:04:32we had a high, low, lower, high, low,
  3191. 2:04:34low, lower, high, low, low, but that's
  3192. 2:04:35just internal structure. So that's why
  3193. 2:04:37this right here wouldn't be counted as a
  3194. 2:04:39change of character in the first place.
  3195. 2:04:41Why? Because we didn't even break the
  3196. 2:04:42low here. So we're still in an uptrend.
  3197. 2:04:44Yes, but this is the low. This is the
  3198. 2:04:48high. And that's why this is still the
  3199. 2:04:51confirmed higher low until we break this
  3200. 2:04:53high or this low. This will remain the
  3201. 2:04:56higher low and this right here will
  3202. 2:04:57remain as the higher high. All right,
  3203. 2:05:00very simple. I know it can get
  3204. 2:05:02confusing. If you didn't get this part,
  3205. 2:05:03re-watch it again. But because we didn't
  3206. 2:05:06break the lows yet or we didn't break
  3207. 2:05:08the highs yet, in this case, number one
  3208. 2:05:12is the higher low. Okay.
  3209. 2:05:14Now obviously if we broke the highs here
  3210. 2:05:18then it would have been a different
  3211. 2:05:20situation. Number two would have been
  3212. 2:05:22the higher low in that case. But in this
  3213. 2:05:24case it's still number one. Got it?
  3214. 2:05:28Now let's move forward.
  3215. 2:05:31What is this yellow line called? This is
  3216. 2:05:34pretty simple.
  3217. 2:05:36It's called break structure.
  3218. 2:05:39Is this right here? Break structure.
  3219. 2:05:40It's pretty much what we did before, but
  3220. 2:05:42I'm just switching it from an uptrend to
  3221. 2:05:44a downtrend. Is this right here break
  3222. 2:05:46structure? Well, I hope you got this
  3223. 2:05:48right. No, it's not. Why?
  3224. 2:05:52Because this right here was the lower
  3225. 2:05:54high.
  3226. 2:05:56This right here was the lower low. And
  3227. 2:05:58anything in between doesn't matter. So
  3228. 2:06:00only when we break this low right here,
  3229. 2:06:02that's when this would become this would
  3230. 2:06:05become a break structure. Okay? But
  3231. 2:06:07because we didn't break that yet, still
  3232. 2:06:09not a break structure. So the answer
  3233. 2:06:10here is simply no.
  3234. 2:06:13Now which one here is the recent lower
  3235. 2:06:16high? Think about it. Okay? I want you
  3236. 2:06:18to go through it properly and think
  3237. 2:06:20about it.
  3238. 2:06:32Let's see.
  3239. 2:06:34I'm going to give you a hint. Use the
  3240. 2:06:37snake method. So this is the higher high
  3241. 2:06:41or the high. This is the low
  3242. 2:06:47lower high
  3243. 2:06:51lower low
  3244. 2:06:55break structure here.
  3245. 2:07:02Now this is the lower high.
  3246. 2:07:06This is the lower low.
  3247. 2:07:08Then we got new lower high,
  3248. 2:07:14new lower low.
  3249. 2:07:17Why? Because we got a break structure
  3250. 2:07:19right here.
  3251. 2:07:25So this right here became the lower
  3252. 2:07:26high.
  3253. 2:07:28This right here became the lower low.
  3254. 2:07:30Then cool. Let's just do this. This
  3255. 2:07:33right here became the lower low after we
  3256. 2:07:36had the break structure here.
  3257. 2:07:42So this became the lower low. And now
  3258. 2:07:45remember every time after we get a break
  3259. 2:07:46structure, we need to find the most
  3260. 2:07:48recent lower high. How do we do that?
  3261. 2:07:50The snake method. Draw the head. Whoop.
  3262. 2:07:54First curve. This would be the most
  3263. 2:07:55recent lower high. Right? So it would be
  3264. 2:07:59in this case number two. Number one
  3265. 2:08:02would be the swing high, which is the
  3266. 2:08:03highest point before the break
  3267. 2:08:04structure. As I said earlier, we don't
  3268. 2:08:06care about that. We care about the most
  3269. 2:08:08recent lower high. So, it's number two.
  3270. 2:08:12Now,
  3271. 2:08:13is this right here a confirmed lower
  3272. 2:08:15high? This is pretty simple. Now, you
  3273. 2:08:17should already know it by now. Remember,
  3274. 2:08:21let me give you a quick hint. This right
  3275. 2:08:24here was a break structure.
  3276. 2:08:28So, this was the lower high.
  3277. 2:08:31This right here was the lower low and we
  3278. 2:08:34didn't break the lower low yet. That's
  3279. 2:08:36why this is not a confirmed lower high
  3280. 2:08:38because what's the definition of
  3281. 2:08:39confirmed lower high? It's only after we
  3282. 2:08:42get a break structure. So after we got
  3283. 2:08:43the break structure here, this became
  3284. 2:08:45the confirmed lower high. This still
  3285. 2:08:47potential lower high. Why? Because we
  3286. 2:08:49didn't break the lows yet. We didn't get
  3287. 2:08:51the break structure yet. So it's still
  3288. 2:08:53not a confirmed lower high.
  3289. 2:08:55Now
  3290. 2:08:57what is this yellow line called? Very
  3291. 2:09:00easy.
  3292. 2:09:05It's a change of character. Very simple.
  3293. 2:09:07Very easy.
  3294. 2:09:10[sighs and gasps] Now, let me ask you
  3295. 2:09:12this. Is this right here a change of
  3296. 2:09:13character? I want you to lock in on this
  3297. 2:09:15one. It can be tricky.
  3298. 2:09:19Let's see if it's a change of character
  3299. 2:09:21or not. We got a low
  3300. 2:09:25high.
  3301. 2:09:30I mean, this is pretty obvious why it's
  3302. 2:09:32a change of character, right? Because we
  3303. 2:09:33broke the higher low. That's why it's a
  3304. 2:09:35chain of character.
  3305. 2:09:37So, we have a low high,
  3306. 2:09:40higher low,
  3307. 2:09:43higher high,
  3308. 2:09:49higher low.
  3309. 2:09:52Higher high.
  3310. 2:09:58Break a structure here.
  3311. 2:10:04Break a structure here.
  3312. 2:10:09So, this right here became the most
  3313. 2:10:10recent higher low. This right here
  3314. 2:10:13became the most recent higher high. Now,
  3315. 2:10:15what's the definition of a change of
  3316. 2:10:16character? Definition of a change of
  3317. 2:10:18character. I'm talking about when we're
  3318. 2:10:20in an uptrend switching to a downtrend.
  3319. 2:10:22It's when we break the most recent
  3320. 2:10:24higher low, right? That's the definition
  3321. 2:10:26of a high a change of character.
  3322. 2:10:27[snorts] So only when we break the most
  3323. 2:10:30recent higher low, that would be counted
  3324. 2:10:32as a change of character. In this case,
  3325. 2:10:34we didn't do that. So this wouldn't be a
  3326. 2:10:36change of character, right? Because we
  3327. 2:10:37didn't break the higher low yet. If you
  3328. 2:10:40think about it, this right here was just
  3329. 2:10:41a potential higher low. It wasn't a
  3330. 2:10:43confirmed higher low. So if it looks
  3331. 2:10:45something like this then yes this would
  3332. 2:10:47right here would be a change of
  3333. 2:10:48character. Why? Because now we have a
  3334. 2:10:50higher high break structure confirmed
  3335. 2:10:52higher low than a change of character.
  3336. 2:10:54But because we still didn't break the
  3337. 2:10:55highs right here. So this right here is
  3338. 2:10:58still not a higher low. It's still not a
  3339. 2:10:59confirmed higher low. Aka this doesn't
  3340. 2:11:02make it a change of character. You see
  3341. 2:11:04how the blue lines would make your life
  3342. 2:11:05easier especially if you're still a
  3343. 2:11:07beginner using this strategy.
  3344. 2:11:10So no the answer here is no. It's not a
  3345. 2:11:12change of character because we still
  3346. 2:11:15didn't break the confirmed higher low.
  3347. 2:11:20Now, which one right here is the change
  3348. 2:11:22of character? It's very easy, but you
  3349. 2:11:25need to pay attention.
  3350. 2:11:27So, we have a low,
  3351. 2:11:30we have a high,
  3352. 2:11:34we have a higher low,
  3353. 2:11:38we have a higher high,
  3354. 2:11:41we have a break structure right here.
  3355. 2:11:48And then,
  3356. 2:11:51so this became the most recent higher
  3357. 2:11:52low.
  3358. 2:11:54This became the most recent higher high.
  3359. 2:11:57And then we had another break structure
  3360. 2:11:59right here.
  3361. 2:12:03So this right here became the higher
  3362. 2:12:05high.
  3363. 2:12:08Boom.
  3364. 2:12:11Now before we answer this question, we
  3365. 2:12:14need to find the most recent higher low,
  3366. 2:12:15right? So we got a
  3367. 2:12:18a break structure and you know after a
  3368. 2:12:20break structure, we need to find now the
  3369. 2:12:21higher low. How do we do that? First
  3370. 2:12:23thing we do the snake method. So we do
  3371. 2:12:25the circle.
  3372. 2:12:27Look at it. Okay, fine. We found out
  3373. 2:12:30that this is the most recent higher low.
  3374. 2:12:32You see
  3375. 2:12:34this is the most recent higher low. The
  3376. 2:12:36one on the top. This and then once this
  3377. 2:12:40became the most recent higher low, this
  3378. 2:12:43makes sense that number one is the
  3379. 2:12:44change of character, right? Because now
  3380. 2:12:47we know, okay,
  3381. 2:12:49this is the most recent higher low,
  3382. 2:12:52right? We already agreed on that. And
  3383. 2:12:54then the change of character happens
  3384. 2:12:55once we break the most recent confirmed
  3385. 2:12:58higher low which is this one right here.
  3386. 2:13:00So this right here wouldn't be the most
  3387. 2:13:02recent higher low aka that's why this
  3388. 2:13:04wouldn't be the change of character. The
  3389. 2:13:05change of character happened here.
  3390. 2:13:07Sounds good.
  3391. 2:13:11[sighs]
  3392. 2:13:11I know this might be confusing. Maybe I
  3393. 2:13:13could go over it real quick. So we have
  3394. 2:13:15a low higher low higher high. This
  3395. 2:13:18became the most recent low.
  3396. 2:13:21This became the most recent high.
  3397. 2:13:24After that, once we had another break
  3398. 2:13:26structure, this became the most recent
  3399. 2:13:27high. Now we need to find the most
  3400. 2:13:29recent higher low. We do the snake
  3401. 2:13:32method. All right, we found out that
  3402. 2:13:33this is the most recent higher low. Now,
  3403. 2:13:38boom. And now once we broke this, that's
  3404. 2:13:41when the change of character happened.
  3405. 2:13:42Okay, it's same concept as here. It just
  3406. 2:13:45might get confusing once you see this
  3407. 2:13:47pattern right here. That's why a lot of
  3408. 2:13:48people mess it up. Now, is this right
  3409. 2:13:51here a change of character? Well, simply
  3410. 2:13:54yes. Why? We have a high low, lower
  3411. 2:13:57high, lower low,
  3412. 2:14:01right? We got a lower low.
  3413. 2:14:05We got a lower high here.
  3414. 2:14:09And then we had a break structure here.
  3415. 2:14:16Oops.
  3416. 2:14:20and then we broke the most recent lower
  3417. 2:14:23high making this a change of character.
  3418. 2:14:25So it's pretty simple. I've talked about
  3419. 2:14:27it too much that's why I don't want to
  3420. 2:14:29go about it more in depth. If you
  3421. 2:14:31haven't watched the full video, you
  3422. 2:14:32probably wouldn't understand what we're
  3423. 2:14:33talking about right now. So yeah, this
  3424. 2:14:36is the it's called change of character.
  3425. 2:14:38So this is the change of character. Now
  3426. 2:14:41here, same concept as this one. Which
  3427. 2:14:43one is the change of character here?
  3428. 2:14:44Let's see if you understood it or not.
  3429. 2:14:47So this is the high.
  3430. 2:14:52This is the low.
  3431. 2:14:56This is the lower high.
  3432. 2:15:02This is the lower low.
  3433. 2:15:04So we had a break of a structure right
  3434. 2:15:06here.
  3435. 2:15:12This right here became the lower high.
  3436. 2:15:15This right here became the lower low.
  3437. 2:15:18Then we had a new break structure right
  3438. 2:15:20here.
  3439. 2:15:25So this right here became the lower low.
  3440. 2:15:26Now let's see which one is the lower
  3441. 2:15:28high. This or this. So before we know
  3442. 2:15:29the change of character, we got to know
  3443. 2:15:31which one is the lower high. Right?
  3444. 2:15:32Let's do the stink method. We do the
  3445. 2:15:35head. Whoop the curve. Right. Perfect.
  3446. 2:15:38Number one is the most recent lower
  3447. 2:15:40high. Let's mark it up.
  3448. 2:15:44And once we knew that this is the most
  3449. 2:15:46lower high, obviously change of
  3450. 2:15:48character happened on number one. Why?
  3451. 2:15:50Because that's when we broke the most
  3452. 2:15:52recent lower high. Got it?
  3453. 2:15:56Now, is this right here an uptrend or in
  3454. 2:15:59a downtrend? Very easy. By the way, I
  3455. 2:16:01don't think it should take you a lot of
  3456. 2:16:03time to know this. Very, very, very
  3457. 2:16:06easy.
  3458. 2:16:08This is a low
  3459. 2:16:11This is a high.
  3460. 2:16:18This is a higher low.
  3461. 2:16:21This is a higher high.
  3462. 2:16:24This right here is the break of
  3463. 2:16:26structure.
  3464. 2:16:32This was the most recent low.
  3465. 2:16:35This is the most recent high.
  3466. 2:16:38Then we got a new breaker structure
  3467. 2:16:40right here.
  3468. 2:16:43So this became the most recent high.
  3469. 2:16:46Then this became the most recent higher
  3470. 2:16:48low.
  3471. 2:16:52And anything in between we don't care
  3472. 2:16:54about. So we're still in an uptrend
  3473. 2:16:56until we break this low or this high. So
  3474. 2:16:59are we in uptrend or in downtrend? In
  3475. 2:17:01this case we are in an uptrend. Now this
  3476. 2:17:03doesn't happen very often. This usually
  3477. 2:17:05happens once you get huge news or
  3478. 2:17:08something. That's when you see this and
  3479. 2:17:10I hate when it happens but doesn't
  3480. 2:17:11happen very often. So this is the higher
  3481. 2:17:13high because usually what would happen
  3482. 2:17:15would be something like this and then
  3483. 2:17:16you know like the market would change
  3484. 2:17:18and all of that. So in this case this is
  3485. 2:17:20the higher high. This is the higher low.
  3486. 2:17:21So we are still in an uptrend and this
  3487. 2:17:23is just an internal structure. This
  3488. 2:17:25right here is called external structure.
  3489. 2:17:28You see how we you know externally we're
  3490. 2:17:30in an uptrend. Internally we are in a
  3491. 2:17:34downtrend but externally we're still in
  3492. 2:17:36an uptrend and that's what matter.
  3493. 2:17:38Overall the trend is still uptrend.
  3494. 2:17:46Now
  3495. 2:17:48is this right here a confirmed downtrend
  3496. 2:17:51and focus on the word confirmed. Okay.
  3497. 2:17:55And remember what makes a downtrend or
  3498. 2:17:58an uptrend confirmed when we after we
  3499. 2:18:00get the three steps confirmation.
  3500. 2:18:03Well, the answer is pretty simple here.
  3501. 2:18:05I'm not going to go too much in depth.
  3502. 2:18:06So, this is the higher low. This is the
  3503. 2:18:09higher high
  3504. 2:18:11right here. We had the change of
  3505. 2:18:12character.
  3506. 2:18:16So, and we only had a change of
  3507. 2:18:18character. That's why this is still not
  3508. 2:18:21a confirmed downtrend. What? Why? But we
  3509. 2:18:24changed from an uptrend to a downtrend.
  3510. 2:18:25Well, I'm telling you, yes, that's the
  3511. 2:18:27only first step of trend shifting from
  3512. 2:18:30an uptrend to a downtrend. For a trend
  3513. 2:18:33to be confirmed that it's a downtrend,
  3514. 2:18:35we need to see the three steps
  3515. 2:18:36confirmation, which is change of
  3516. 2:18:38character, making a new lower high, and
  3517. 2:18:40then break structure. So, we need a
  3518. 2:18:42change of character, then a break
  3519. 2:18:43structure for this to become a confirmed
  3520. 2:18:46lower high uh to become a confirmed
  3521. 2:18:48downtrend.
  3522. 2:18:50Now it would have been a confirmed
  3523. 2:18:52downtrend. But because we didn't see
  3524. 2:18:53that, we only got the change of
  3525. 2:18:55character. Then the answer is no. This
  3526. 2:18:58is still not a confirmed downtrend.
  3527. 2:19:00Imagine we only have a high and a low.
  3528. 2:19:02What's the definition of a downtrend?
  3529. 2:19:05It's when we have a high, low, lower,
  3530. 2:19:06high, lower low. Do you see that here?
  3531. 2:19:09No. You only see a high and a low.
  3532. 2:19:10That's why this is still not a confirmed
  3533. 2:19:12downtrend.
  3534. 2:19:15Now, is this right here confirmed
  3535. 2:19:16uptrend?
  3536. 2:19:20Well, same exact concept. The answer
  3537. 2:19:22will be simply no.
  3538. 2:19:26Because this was the bearish break of
  3539. 2:19:28structure.
  3540. 2:19:31This right here was the change of
  3541. 2:19:32character
  3542. 2:19:35and we didn't do the three steps
  3543. 2:19:37confirmation yet. So, no, still not a
  3544. 2:19:40confirmed uptrend. For it to become a
  3545. 2:19:42confirmed uptrend, I want to see
  3546. 2:19:44something like this. higher low, then a
  3547. 2:19:46higher high first, and then it's going
  3548. 2:19:48to be a confirmed uptrend. All right.
  3549. 2:19:53Now, is this right here a confirmed
  3550. 2:19:55downtrend? Actually, I didn't remember
  3551. 2:19:57me writing this.
  3552. 2:19:59Think about it. You have a low, high,
  3553. 2:20:02higher low, higher high, higher low,
  3554. 2:20:04higher high.
  3555. 2:20:06Then, right here, you had a change of
  3556. 2:20:08character,
  3557. 2:20:11right? So now we have a high low. Then
  3558. 2:20:14we had the lower high, lower low. So
  3559. 2:20:17this right here became
  3560. 2:20:19the lower high.
  3561. 2:20:22This right here became the lower low
  3562. 2:20:25and we had a break structure right here.
  3563. 2:20:29So the answer here is yes because we
  3564. 2:20:31have a high low lower high lower low. So
  3565. 2:20:33this is a confirmed downtrend. Okay?
  3566. 2:20:37Because we did the three steps
  3567. 2:20:38confirmation.
  3568. 2:20:41Now, it's very easy. If you watch the
  3569. 2:20:44three steps confirmation, you should be
  3570. 2:20:46able to understand this. Like, this is
  3571. 2:20:48mostly not like to test your knowledge
  3572. 2:20:49cuz you should be able to answer all the
  3573. 2:20:51questions. This is mostly to revise your
  3574. 2:20:54information, you know, like because it's
  3575. 2:20:55been a while since you watched this or
  3576. 2:20:56maybe watching this video over a couple
  3577. 2:20:58of days. So, in case you forgot
  3578. 2:20:59something, I'm just refreshing your
  3579. 2:21:00memory. Now, is this right here
  3580. 2:21:02confirmed uptrend? Well, we have a high
  3581. 2:21:05low lower high lower low high lower low.
  3582. 2:21:10Then right here we had the change of
  3583. 2:21:12character.
  3584. 2:21:17Cool. Then we had a higher low without
  3585. 2:21:20breaking the lows. And then we had
  3586. 2:21:22higher high. So a breaker structure that
  3587. 2:21:25makes it a confirmed uptrend. Why?
  3588. 2:21:27Because we did the three steps
  3589. 2:21:31confirmation.
  3590. 2:21:33So yeah, this becomes a confirmed
  3591. 2:21:35uptrend because we have a low high,
  3592. 2:21:37higher low, higher high.
  3593. 2:21:40So this right here becomes the higher
  3594. 2:21:42low and this right here becomes the
  3595. 2:21:44higher high.
  3596. 2:21:48Now, is this right here a confirmed
  3597. 2:21:49uptrend?
  3598. 2:21:51Well, simply the answer is no. This is
  3599. 2:21:54not even an uptrend. This is just a
  3600. 2:21:56downtrend because we have a high, low,
  3601. 2:21:58lower, high, lower, low, lower, high,
  3602. 2:22:00lower, low, right?
  3603. 2:22:02So this was the lower high. This was the
  3604. 2:22:05lower low.
  3605. 2:22:07We had a break structure here.
  3606. 2:22:11Anything in between we don't care about.
  3607. 2:22:13This is just internal uptrend but
  3608. 2:22:16externally we're still in a downtrend
  3609. 2:22:18and that's what matters. So externally
  3610. 2:22:19we're still in a downtrend. Internally
  3611. 2:22:21we are in an uptrend but that's just
  3612. 2:22:23internally so it doesn't really matter.
  3613. 2:22:25So externally we're still in a
  3614. 2:22:26downtrend. internally we're in an
  3615. 2:22:28uptrend but doesn't matter right until
  3616. 2:22:30we break this high or this low doesn't
  3617. 2:22:33really matter
  3618. 2:22:36now last but not least are we in an
  3619. 2:22:39uptrend or in a downtrend here I want
  3620. 2:22:41you to take this seriously so that you
  3621. 2:22:44get the answer correctly and this should
  3622. 2:22:46be it for the quiz
  3623. 2:22:49pause the video write the lows highs
  3624. 2:22:51higher lows higher highs change of
  3625. 2:22:53character break structure and then
  3626. 2:22:54answer the question all right So, I'm
  3627. 2:22:57assuming you did that what I just told
  3628. 2:22:58you. This is the low. This is the high.
  3629. 2:23:04This is the higher low. This is the
  3630. 2:23:07higher high.
  3631. 2:23:09[snorts]
  3632. 2:23:09We had a breakout structure right here.
  3633. 2:23:18So, this became the most recent higher
  3634. 2:23:20low. This became the most recent higher
  3635. 2:23:22high. Then higher low, higher high.
  3636. 2:23:27So this became the higher high
  3637. 2:23:30and this right here became the most
  3638. 2:23:32recent higher low
  3639. 2:23:34and had a break structure right here.
  3640. 2:23:40So this became the higher high. This
  3641. 2:23:43became the higher low and then we made
  3642. 2:23:46structure and then boom. So this became
  3643. 2:23:49the higher high.
  3644. 2:23:53We had break structure right here.
  3645. 2:23:58Now, where's the most recent higher low?
  3646. 2:24:00We do the snake method. Boom. Whoop.
  3647. 2:24:04First curve found it. This right here
  3648. 2:24:07became the most recent higher low.
  3649. 2:24:14Then we made again same thing, same
  3650. 2:24:16exact concept. I don't know why I did it
  3651. 2:24:17twice.
  3652. 2:24:19This became the higher high.
  3653. 2:24:22Where's the most or we had a break
  3654. 2:24:24structure right here.
  3655. 2:24:29Where's the most recent higher low
  3656. 2:24:32circle? Whoop. First curve found it.
  3657. 2:24:37This became right here the most recent
  3658. 2:24:38higher low.
  3659. 2:24:44Then after that, you see we broke the
  3660. 2:24:46most recent higher low. So this right
  3661. 2:24:48here became a change of character.
  3662. 2:24:53>> [snorts]
  3663. 2:24:59>> And now we have a high low. Boom boom
  3664. 2:25:02boom internal structure. This became the
  3665. 2:25:05lower low
  3666. 2:25:09break structure to the downside. So we
  3667. 2:25:11confirm the downtrend.
  3668. 2:25:14Now where's the most recent lower high?
  3669. 2:25:16We do the snake method. Whoop. Whoop.
  3670. 2:25:19All right. Cool. found it.
  3671. 2:25:24This is the most recent lower high
  3672. 2:25:30and then we made a lower high, lower
  3673. 2:25:33low. So, this right here became the
  3674. 2:25:35lower low. This right here became the
  3675. 2:25:36lower high after we found this break
  3676. 2:25:39structure right here.
  3677. 2:25:45This became the lower high
  3678. 2:25:49and this became the lower low.
  3679. 2:25:52And then after that, what did we do? We
  3680. 2:25:54broke the most recent lower high. So
  3681. 2:25:58trend shifted or first step for the
  3682. 2:26:00trend shifting from a downtrend to an
  3683. 2:26:02uptrend.
  3684. 2:26:04So bearish oops bearish no bullish
  3685. 2:26:07bullish change of character.
  3686. 2:26:10That's the first step. And then we made
  3687. 2:26:12a higher low, higher high.
  3688. 2:26:14So higher low, higher high
  3689. 2:26:19break a structure right here
  3690. 2:26:23and this became the most recent higher
  3691. 2:26:25low and this became the higher high. You
  3692. 2:26:29see once we took it step by step you see
  3693. 2:26:32how different it is. Like if you just
  3694. 2:26:33look at it from the outside and you
  3695. 2:26:35said, "Oh, we're in an uptrend." Well,
  3696. 2:26:37you got it wrong. Technically, yes, we
  3697. 2:26:39are in an uptrend. And yes, the answer
  3698. 2:26:40is an uptrend. If you didn't do what I
  3699. 2:26:42just did, you're not going to be able to
  3700. 2:26:44read the market structure properly
  3701. 2:26:46because in real life, that's more
  3702. 2:26:48realistic how the market is going to
  3703. 2:26:49look. It's not always going to look like
  3704. 2:26:51something like this.
  3705. 2:26:54And it's not always going to look
  3706. 2:26:55something like
  3707. 2:26:57something like this.
  3708. 2:27:02It's not always going to look like this.
  3709. 2:27:06All right. Now what we're going to do is
  3710. 2:27:09the the thing you all been waiting for
  3711. 2:27:12properly probably
  3712. 2:27:14reading the market structure on the
  3713. 2:27:17charts actually when we see candles and
  3714. 2:27:19so on and after that I'm going tell you
  3715. 2:27:21about the indicator that's going to
  3716. 2:27:23remove all of this because it's
  3717. 2:27:25going to help you so much. All right,
  3718. 2:27:26let's get it. So now let's move to the
  3719. 2:27:28charts. All right. All right, let's get
  3720. 2:27:29it. Now, now I know Hey, I see you
  3721. 2:27:31smiling. I see you smiling. I know
  3722. 2:27:33you're excited now. Now I know you're
  3723. 2:27:34excited cuz now we're finally touching
  3724. 2:27:36some
  3725. 2:27:38charts candles. Not no more armor
  3726. 2:27:41drawing. Now we're getting straight to
  3727. 2:27:43business. But imagine I directly took it
  3728. 2:27:45here. You wouldn't understand anything,
  3729. 2:27:47right? So what we're going to do is just
  3730. 2:27:49going to start reading market structure
  3731. 2:27:52from let's say here. Yeah, I marked it
  3732. 2:27:54on purpose
  3733. 2:27:56here cuz you know I wanted to find a
  3734. 2:27:59market structure that's going to be easy
  3735. 2:28:01but then it gets tricky. Then we have
  3736. 2:28:03some change of characters and so on. You
  3737. 2:28:04know what I mean? That's why I chose
  3738. 2:28:07this area specifically. All right, let's
  3739. 2:28:10get it.
  3740. 2:28:12Let's get started from here.
  3741. 2:28:16So
  3742. 2:28:18easily we have a low, high, higher, low,
  3743. 2:28:20higher, high. And now let's get let's
  3744. 2:28:23keep going. Okay, perfect.
  3745. 2:28:26So, we have a low, high, or you know
  3746. 2:28:31what I'mma do? Actually, I'mma draw with
  3747. 2:28:33a pen. Low. Oops. Maybe it's not the
  3748. 2:28:38best to draw with a pen. Low, high,
  3749. 2:28:41higher, low.
  3750. 2:28:46Actually, yeah, it's not the best to
  3751. 2:28:47draw with a pen. I just discovered that.
  3752. 2:28:50All right, no problem. Excuse ma.
  3753. 2:28:55Let's do this. Let's draw with a
  3754. 2:29:00low high, higher low, higher high. Let's
  3755. 2:29:04keep going. So, now we're in uptrend.
  3756. 2:29:08And before we continue, one second. So,
  3757. 2:29:11this is the low, right?
  3758. 2:29:15This was the high,
  3759. 2:29:19right? Then we made a higher low right
  3760. 2:29:23here. So you can see it's retraced. We
  3761. 2:29:25count the wicks in the retracement,
  3762. 2:29:26right? Cuz like this going down, we
  3763. 2:29:29count it as a retracement with the
  3764. 2:29:30wicks. But when we care about the high
  3765. 2:29:32and the low, we only look at the bodies.
  3766. 2:29:34Okay? But like now, just to make it
  3767. 2:29:36easier, I'm going to do it with the
  3768. 2:29:38wicks. But when we look at change of
  3769. 2:29:40character and break structure, what do
  3770. 2:29:41we look at? We look at the bodies,
  3771. 2:29:43obviously. Low, then high.
  3772. 2:29:47Perfect. So now we have a low, high. Or
  3773. 2:29:50maybe it's going to be easier for you if
  3774. 2:29:52I just do this low, high, higher, low,
  3775. 2:29:54higher, high. So this right here was
  3776. 2:29:56called
  3777. 2:29:58a break of structure.
  3778. 2:30:02Bullish break structure. Boom. And now
  3779. 2:30:05this is the higher low. This became the
  3780. 2:30:07higher high. Right? Then we made a
  3781. 2:30:09higher low. Higher high. So now this is
  3782. 2:30:11the higher high.
  3783. 2:30:13And this right here
  3784. 2:30:18is the break of structure.
  3785. 2:30:22And remember, after break structure, we
  3786. 2:30:24need new higher low. So, where's the new
  3787. 2:30:25higher low? Boom. If you're not sure,
  3788. 2:30:29you do the snake method. Whoop.
  3789. 2:30:32All right, cool. That's the new higher
  3790. 2:30:34low. Amazing.
  3791. 2:30:36Now, let's keep going.
  3792. 2:30:45Am I tripping or did my electricity
  3793. 2:30:48go off for a second and it came back?
  3794. 2:30:51Whatever. I might be tripping. It's
  3795. 2:30:53because of the lack of the sleep.
  3796. 2:30:56Okay, cool. Now we got a new high or
  3797. 2:30:59like obviously like you know when I mark
  3798. 2:31:01up the high, it's just going to keep
  3799. 2:31:03going until we get a new higher low. So,
  3800. 2:31:05so far this is the high and we're not
  3801. 2:31:07going to get a new higher low unless if
  3802. 2:31:09we break this high. And we're not going
  3803. 2:31:11to get a change of character unless if
  3804. 2:31:12we break this low. Let's keep going.
  3805. 2:31:15Okay. Everything in between, I don't
  3806. 2:31:16care about I don't care about none of
  3807. 2:31:18that. I don't care. Okay, perfect.
  3808. 2:31:20That's a change of character. Why?
  3809. 2:31:21Because we broke the most recent
  3810. 2:31:23confirmed higher low. So, after we broke
  3811. 2:31:25this confirmed recent higher low, this
  3812. 2:31:27became the low. So, now we have a high
  3813. 2:31:29and we have a low. Obviously, this is
  3814. 2:31:31all internal structure. But if like now
  3815. 2:31:33I'm doing it just for training purposes.
  3816. 2:31:36If you would mark it, it would be high,
  3817. 2:31:38low, lower, high, lower, low, lower,
  3818. 2:31:40high, lower, low, lower high, lower low,
  3819. 2:31:43lower high, lower low.
  3820. 2:31:47All right, let's keep going.
  3821. 2:31:51Perfect. Then we broke this low right
  3822. 2:31:54here.
  3823. 2:31:55So this became the most recent low. And
  3824. 2:31:57this right here became a breakout
  3825. 2:31:59structure,
  3826. 2:32:01bearish breakout structure.
  3827. 2:32:05Uh lower high, lower low, lower high,
  3828. 2:32:07lower low, lower high. This became the
  3829. 2:32:08most recent lower high.
  3830. 2:32:11Boom. Again, a change of character right
  3831. 2:32:13here.
  3832. 2:32:15So this right here became a change of
  3833. 2:32:17character.
  3834. 2:32:20So bullish change of character. Now we
  3835. 2:32:23have a low high
  3836. 2:32:25or an uptrend downtrend yet. We don't
  3837. 2:32:27know because we still haven't done the
  3838. 2:32:28three steps confirmation. Now we have a
  3839. 2:32:30low high higher low higher high. So
  3840. 2:32:35this right here
  3841. 2:32:37became bullish break structure
  3842. 2:32:42and this right here became the most
  3843. 2:32:44recent higher low so far. Keep going.
  3844. 2:32:47Okay. The high keeps going up. Keeps
  3845. 2:32:48going up. Okay. Now in an uptrend. You
  3846. 2:32:51can see we have a change of character
  3847. 2:32:52and a break structure. We keep going up.
  3848. 2:32:54Nice. All right. This is the high. So,
  3849. 2:32:57we're not going to have a change of
  3850. 2:32:58character until we break this low. And
  3851. 2:33:00we're not going to have a new higher low
  3852. 2:33:01until we break this high.
  3853. 2:33:04All right. Did we break it? Oh, here we
  3854. 2:33:06did. Right. Highs. I don't care how
  3855. 2:33:08small we broke the highs. Remember when
  3856. 2:33:10we were talking earlier about the body,
  3857. 2:33:12not the wicks. This is exactly a good
  3858. 2:33:14example. You see how the body of this
  3859. 2:33:15candle right here closed above the body
  3860. 2:33:18of this candle right here. So, the body
  3861. 2:33:20closed above the body. That's why this
  3862. 2:33:22would count as a break structure. In
  3863. 2:33:23return, this would become the most
  3864. 2:33:25recent higher high. So you see because
  3865. 2:33:28this right here became break structure.
  3866. 2:33:29Now boom, boom. And don't worry, I have
  3867. 2:33:32an indicator about this which I'm going
  3868. 2:33:34to talk about later on. It's going to do
  3869. 2:33:36this all of this work automatically. So
  3870. 2:33:38you see how this became the most recent
  3871. 2:33:41higher high.
  3872. 2:33:44And now we're going to see the most
  3873. 2:33:46recent higher low. Right now, here's the
  3874. 2:33:48mistake most people would do
  3875. 2:33:52is they be like, "Oh, cool. This is the
  3876. 2:33:55most recent higher low." No, it's not.
  3877. 2:33:58Yes, it looks like it, but it's not.
  3878. 2:33:59This would be the most recent higher
  3879. 2:34:01low. Why? Because after the break
  3880. 2:34:03structure, if we do the snake method,
  3881. 2:34:04this would be the most recent higher
  3882. 2:34:06low. Not this one. Cuz if you're too
  3883. 2:34:08zoomed out, you might see it low, high,
  3884. 2:34:10higher, low, higher, high, higher, low,
  3885. 2:34:11higher, higher. No, it's not. This would
  3886. 2:34:12be the most recent higher low. And I
  3887. 2:34:14have a way to do it. I'm going to show
  3888. 2:34:16it to you in a second. Just bear with
  3889. 2:34:18me. So, this became the most recent
  3890. 2:34:21higher low
  3891. 2:34:24after the break of structure.
  3892. 2:34:27Cool. Then we keep going. Okay. Nice. We
  3893. 2:34:30had a change of character here and then
  3894. 2:34:32followed by another change of character.
  3895. 2:34:33This is special case which also we got
  3896. 2:34:36to talk about. Um
  3897. 2:34:39you all just got to bear with me. So
  3898. 2:34:42change of character here.
  3899. 2:34:45This is what I call a fake out. Boom.
  3900. 2:34:48And then followed by another change of
  3901. 2:34:50character. So this became the low. And
  3902. 2:34:53now this is the high. And we just keep
  3903. 2:34:56going.
  3904. 2:34:59Okay, cool. We broke the high. So after
  3905. 2:35:01it broke this this high. You see after
  3906. 2:35:03it broke this high, this became the most
  3907. 2:35:05recent high. And this right here is
  3908. 2:35:07called what? Brao structure.
  3909. 2:35:12Boom. Now we do the snake method. I
  3910. 2:35:14mean, this one doesn't really need a
  3911. 2:35:15snake method. Whoop! Here we go. I
  3912. 2:35:18wouldn't count this as structure because
  3913. 2:35:20this is just like a dogey candle. So, it
  3914. 2:35:21doesn't count as a structure. So, this
  3915. 2:35:24right here becomes the most recent
  3916. 2:35:26higher low. Boom.
  3917. 2:35:32Let's keep going.
  3918. 2:35:34All right. Another break structure right
  3919. 2:35:36here. So, we broke the highs right here.
  3920. 2:35:41Boom.
  3921. 2:35:43break a structure.
  3922. 2:35:45And now, where is the most recent high?
  3923. 2:35:47Because after every break structure, we
  3924. 2:35:49need to have a new higher low. So, oh,
  3925. 2:35:51here we go. That's the most recent
  3926. 2:35:52higher low.
  3927. 2:35:54Let's get it. Boom.
  3928. 2:35:58Let's keep going. Let's keep going. Did
  3929. 2:36:00we break the highs? Let's see. Oh, we
  3930. 2:36:02did actually break the highs.
  3931. 2:36:05Did we? Yeah, we did. Okay, cool. So, we
  3932. 2:36:09did break the highs here.
  3933. 2:36:11So this became the most recent high.
  3934. 2:36:14This right here became the break of
  3935. 2:36:15structure.
  3936. 2:36:19And then this became the most recent
  3937. 2:36:21low.
  3938. 2:36:23Then here we consolidated a bit. This
  3939. 2:36:25was a change of character.
  3940. 2:36:27And now the low is going to be whatever
  3941. 2:36:29is going to be next.
  3942. 2:36:32So this became the low here because we
  3943. 2:36:35had the change of character here.
  3944. 2:36:41Ah
  3945. 2:36:43boom
  3946. 2:36:47bearish change of character and now we
  3947. 2:36:50have a high low lower lower high lower
  3948. 2:36:53low. So this be this is the three steps
  3949. 2:36:56confirmation. So now we are in a
  3950. 2:36:57downtrend. This right here would be the
  3951. 2:37:00change of character the break structure.
  3952. 2:37:02Sorry. And now okay we have a break
  3953. 2:37:04structure. Where's the most recent lower
  3954. 2:37:06high? We do the snake method. Whip wee.
  3955. 2:37:10All right, cool. Found it. This became
  3956. 2:37:13the most recent lower high.
  3957. 2:37:15This is the most recent lower low. Let's
  3958. 2:37:18keep [snorts] going.
  3959. 2:37:20Uh, doies.
  3960. 2:37:22Okay,
  3961. 2:37:28nice. We broke this low right here. So,
  3962. 2:37:31this became a break structure.
  3963. 2:37:34Boom.
  3964. 2:37:35Bearish breaker structure.
  3965. 2:37:38And then after break structure, we need
  3966. 2:37:39a new lower high. Where is it? It's
  3967. 2:37:42right here in front of you guys.
  3968. 2:37:45Boom.
  3969. 2:37:48Let's keep going. Okay, nice. We have
  3970. 2:37:50the new breaker structure right here.
  3971. 2:37:53Right here.
  3972. 2:37:56Boom. Bearish breaker structure. Now,
  3973. 2:37:58where's the most recent lower high? It
  3974. 2:38:00would be this.
  3975. 2:38:02Let's keep going. Oops. And here we have
  3976. 2:38:05the change of character.
  3977. 2:38:07The first step of the trend shifting
  3978. 2:38:11bullish change of character
  3979. 2:38:14after this was the low. Let's keep
  3980. 2:38:16going. You see here we wicked up above
  3981. 2:38:19this high. We didn't break it yet. We
  3982. 2:38:21didn't close above it. That's why this
  3983. 2:38:22is not a break structure yet. This was
  3984. 2:38:25one of the things we were talking about
  3985. 2:38:26earlier. Again, we wicked but we didn't
  3986. 2:38:28break. You see here we wicked. We didn't
  3987. 2:38:30break. That's why this is not a change
  3988. 2:38:31of character. And now we finally closed
  3989. 2:38:34above. You see this was just a wick
  3990. 2:38:36above. This was just a wick above. This
  3991. 2:38:38was just a wick below. It didn't close.
  3992. 2:38:40But here it did close. So now after it
  3993. 2:38:43closed.
  3994. 2:38:45Oh, my bad. My bad, chat.
  3995. 2:38:49Let's do this. Boom.
  3996. 2:38:53After we closed above, this became the
  3997. 2:38:55high. And this right here
  3998. 2:38:59became a break of structure. Bullish
  3999. 2:39:02break structure. And now, where is the
  4000. 2:39:04most recent low? You might be saying
  4001. 2:39:06this, this, this. Well, let's do the
  4002. 2:39:08snake method. Whip. Yep. All right,
  4003. 2:39:12cool. I found it.
  4004. 2:39:15This is the most recent higher low. And
  4005. 2:39:18then let's keep going. Oh, now we had a
  4006. 2:39:20change of character to the downside. So,
  4007. 2:39:23this right here is called change of
  4008. 2:39:26character.
  4009. 2:39:29And that's the first step of the trend
  4010. 2:39:31shifting. Nice.
  4011. 2:39:34And then here we had the breaker
  4012. 2:39:35structure again. And by the way, I must
  4013. 2:39:38show you how to do it like in a way
  4014. 2:39:39easier way. Just give me a second. Break
  4015. 2:39:43structure. Now after that, let's do the
  4016. 2:39:44snake method. We start here. We look at
  4017. 2:39:46the curve. All right, I found it. This
  4018. 2:39:48is the most recent lower high. So it
  4019. 2:39:51becomes something like this.
  4020. 2:39:54Nice. This is the low. We still didn't
  4021. 2:39:56get any break structure.
  4022. 2:39:59Cool. Boom. You see how it retraced back
  4023. 2:40:02and then did the break structure. So
  4024. 2:40:04this becomes now the low
  4025. 2:40:07and this right here becomes the breaker
  4026. 2:40:09structure.
  4027. 2:40:12Where's the most recent lower high? We
  4028. 2:40:13do the snake method. We start here. Do
  4029. 2:40:16circle most recent high. Okay, here we
  4030. 2:40:18go. Found it. Boom.
  4031. 2:40:22And now this is a change of character
  4032. 2:40:24right here.
  4033. 2:40:27So this would be a bullish change of
  4034. 2:40:29character.
  4035. 2:40:32So we have a low and a high now. Boom.
  4036. 2:40:35This was the high and now we broke the
  4037. 2:40:37high again.
  4038. 2:40:39So becomes something like this. Boom.
  4039. 2:40:44Bullish breaker structure
  4040. 2:40:47and this becomes the most recent low.
  4041. 2:40:56Here we go.
  4042. 2:41:02Okay, this is the high. Nice.
  4043. 2:41:06All right, you see here we wait. That's
  4044. 2:41:08why I didn't count as break structure.
  4045. 2:41:09But now after we broke here, this became
  4046. 2:41:11the most recent high.
  4047. 2:41:14So we put it here. Okay, this is the
  4048. 2:41:16break of structure.
  4049. 2:41:19Perfect.
  4050. 2:41:22Now, where's the most recent low? We do
  4051. 2:41:24this dank method. All right, here's the
  4052. 2:41:25most recent low.
  4053. 2:41:30This is just called market gap.
  4054. 2:41:39We didn't close yet. Okay, here we did.
  4055. 2:41:41So, this is the change of character
  4056. 2:41:47and this was just internal structure,
  4057. 2:41:51bearish change of character. This was
  4058. 2:41:53internal structure in between. But now
  4059. 2:41:55there is something we can do about this
  4060. 2:41:57because you see how there's this is a
  4061. 2:41:59spec special scenario when we make
  4062. 2:42:01structure before the change of character
  4063. 2:42:03which I'm going to be talking about at
  4064. 2:42:05the end of this video because I don't
  4065. 2:42:06want to confuse you now. But when we do
  4066. 2:42:08internal structure before change of
  4067. 2:42:09character there is a case where we do
  4068. 2:42:11something about this high. Okay. But I
  4069. 2:42:13don't want to talk about it now because
  4070. 2:42:14I need to explain it by itself first.
  4071. 2:42:18And
  4072. 2:42:20[sighs and gasps] okay, here we go
  4073. 2:42:21again. Break structure.
  4074. 2:42:26Boom. Boom.
  4075. 2:42:30Most recent high
  4076. 2:42:36and so on. You guys get the point. This
  4077. 2:42:38was a trade I took. Actually,
  4078. 2:42:41I took it live.
  4079. 2:42:44This was the bullish noick. Price tapped
  4080. 2:42:46it then hit D. See how easy it is?
  4081. 2:42:49Bullish. No, price stop. Boom. Oh, yeah.
  4082. 2:42:51We haven't talked about Noix yet. Why am
  4083. 2:42:53I talking about Noix? I just got excited
  4084. 2:42:55when I saw my trade.
  4085. 2:43:00Oh, it was so easy. This trade was so
  4086. 2:43:02easy. Anyway, you guys get the point by
  4087. 2:43:04now. I believe uh maybe I could do it
  4088. 2:43:07real quick. It's more
  4089. 2:43:10It was It was choppy market price
  4090. 2:43:12action, so I don't care about it. Okay,
  4091. 2:43:14you I hope you guys get it by now. It's
  4092. 2:43:16look now if you it's your first time
  4093. 2:43:18watching this, please re-watch again
  4094. 2:43:20because I know it's going to sound so so
  4095. 2:43:21so confusing. So if it's your first time
  4096. 2:43:25watching this, you have to probably
  4097. 2:43:26watch this again multiple times to be
  4098. 2:43:29able to actually get it and you have to
  4099. 2:43:31do it yourself first before you actually
  4100. 2:43:32get to doing this. All right, so because
  4101. 2:43:35look, market structure is very easy, but
  4102. 2:43:37yet it can be confusing. So you have to
  4103. 2:43:40do it yourself first. And there is a
  4104. 2:43:43more mechanical way which is funny
  4105. 2:43:45enough, let me just delete whatever I
  4106. 2:43:48have or not delete,
  4107. 2:43:50hide. How do I hide? I forgot how to
  4108. 2:43:52hide it. There is a way where it's going
  4109. 2:43:56to say, you see how like I have this
  4110. 2:43:58indicator that I coded myself where it's
  4111. 2:44:01going to show you the lower highs and
  4112. 2:44:02lower lows and the change of character.
  4113. 2:44:04The thing is I have it drawn now. Yeah.
  4114. 2:44:07You see like how it's covering. Okay,
  4115. 2:44:08you know what? it. I'm going to do
  4116. 2:44:09the delete. You see like I have my
  4117. 2:44:11indicator. It's going to tell you to
  4118. 2:44:13change of character. It's going to tell
  4119. 2:44:14you break structure, higher high, higher
  4120. 2:44:16low, higher high, lower high, change of
  4121. 2:44:18character, lower high, change of
  4122. 2:44:20character, higher high, lower low, break
  4123. 2:44:22structure. Now, this is consolidation,
  4124. 2:44:23so it wouldn't really be too focused on
  4125. 2:44:26that. But you see, like I have an
  4126. 2:44:28indicator that's going to show you all
  4127. 2:44:29of this. You know what I mean? Lower
  4128. 2:44:32highs, lower highs, lower lows, lower
  4129. 2:44:34highs, lower lows, and so on. All right.
  4130. 2:44:36So, so far what we talked about about
  4131. 2:44:38the market structure and all of that,
  4132. 2:44:40this is the max I could teach you online
  4133. 2:44:42on YouTube. Now, you might be like,
  4134. 2:44:44okay, what do you mean, Omar? Because
  4135. 2:44:45look, even if I post a 100 hours worth
  4136. 2:44:48of trading or not, sorry, not trading
  4137. 2:44:50content, content about market structure,
  4138. 2:44:52there is stuff that I cannot teach you
  4139. 2:44:53unless if I'm sitting with you and we're
  4140. 2:44:56doing this, you know, face to face or
  4141. 2:44:58online. So, here, let me explain to you
  4142. 2:45:00what I mean. If I don't sit with you and
  4143. 2:45:03do, you know, I see you drawing the
  4144. 2:45:04market structure in front of my eyes,
  4145. 2:45:06I'm not going to be able to teach you
  4146. 2:45:07how to read market structure because
  4147. 2:45:09this is the only part where it's a bit
  4148. 2:45:10subjective knowing which one is higher,
  4149. 2:45:12low and which one is not. But there is a
  4150. 2:45:14way to kill that which is through the
  4151. 2:45:16indicator. Now, I'm not here trying to
  4152. 2:45:17sell you an indicator. I don't want to
  4153. 2:45:19do that. I'm good. um because I don't
  4154. 2:45:22believe an indicator will ever be able
  4155. 2:45:26to replace the way a human reads the
  4156. 2:45:28market structure or anything in life and
  4157. 2:45:30specifically in trading. I don't believe
  4158. 2:45:33AI indicators and all of that will be
  4159. 2:45:36able to do what we do. Okay? So that's
  4160. 2:45:38why I'm not here to sell you the
  4161. 2:45:40indicator. The indicator is not 100%
  4162. 2:45:42accurate. But what I do is I use it in a
  4163. 2:45:45certain way that makes the reading
  4164. 2:45:47market structure 100% mechanical. Right?
  4165. 2:45:50So there is no more guessing. It's 100%
  4166. 2:45:52mechanical. I would know this is a
  4167. 2:45:54higher low or this is a lower high using
  4168. 2:45:56the indicator in a special way. Okay.
  4169. 2:45:58Now [snorts] that's all of that I as I
  4170. 2:46:00said again I would have to teach you
  4171. 2:46:01that by doing it one on one. Now
  4172. 2:46:04unfortunately that's something I can't
  4173. 2:46:06do you know just have calls with anyone
  4174. 2:46:09who just text me on Instagram or YouTube
  4175. 2:46:11and go and explain to it then I wouldn't
  4176. 2:46:13be able to sleep right then I would have
  4177. 2:46:14to work 30 hours a day which is not
  4178. 2:46:16possible. But that's exactly why I have
  4179. 2:46:19made my Discord and my mentorship where
  4180. 2:46:22people could apply and in order to be
  4181. 2:46:24able to learn all of this from me. Now,
  4182. 2:46:26here's the thing. I want you to know one
  4183. 2:46:29thing about this mentorship. And I'm
  4184. 2:46:30going say real quick because I would
  4185. 2:46:32rather, you know, keep this mostly
  4186. 2:46:34educational. I don't want to talk about
  4187. 2:46:35the mentorship that much. I would rather
  4188. 2:46:37keep that until the end. You know what I
  4189. 2:46:38mean? The mentorship is not some
  4190. 2:46:40pre-recorded videos where you have to
  4191. 2:46:42watch and then I'll tell you, okay,
  4192. 2:46:44thank you. I got your money. Good luck.
  4193. 2:46:46Now, no. This is not some pre-recorded
  4194. 2:46:48videos. It's obviously it's gonna have
  4195. 2:46:49recorded videos about more in-depth
  4196. 2:46:52stuff that I'm not going to cover in,
  4197. 2:46:54you know, on YouTube. But what it's
  4198. 2:46:56going to have, which is more important,
  4199. 2:46:58is the indicator. It's also going to
  4200. 2:47:00have the journal that you have to do
  4201. 2:47:03because also the way it works is you
  4202. 2:47:05have to back this strategy yourself and
  4203. 2:47:08then you have to journal the trades and
  4204. 2:47:09then I have to go through your journal
  4205. 2:47:11trade by trade, win by win, loss by loss
  4206. 2:47:14and tell you what you're doing right and
  4207. 2:47:15what you're doing wrong. I want to check
  4208. 2:47:16every single trade. If you won, I'm
  4209. 2:47:18going to tell you, okay, you won, but
  4210. 2:47:20why did this trade work out? Okay, you
  4211. 2:47:22lost, but why didn't this trade work
  4212. 2:47:24out? Okay, you won here, but you didn't
  4213. 2:47:26follow the rules. So, if you keep doing
  4214. 2:47:27this over the next 10 trades, you're
  4215. 2:47:29most probably not going to be
  4216. 2:47:30profitable. Okay, you lost, but you did
  4217. 2:47:32this mistake. Okay, you lost here, but
  4218. 2:47:34this is just a normal loss. So, you
  4219. 2:47:36would have to back this and journal, and
  4220. 2:47:37I would have to see your journal, and we
  4221. 2:47:40would have to do I have to review it.
  4222. 2:47:42And I will be doing that personally, not
  4223. 2:47:44some other coach doing this for you. No,
  4224. 2:47:46I will be doing this for you oneonone.
  4225. 2:47:49Now, other than this, you'll also be
  4226. 2:47:51getting So, you're going to be getting
  4227. 2:47:52the indicator, you're going to be
  4228. 2:47:54getting the journal, you're going to be
  4229. 2:47:55getting the community where we take all
  4230. 2:47:57the trades together. This is not a
  4231. 2:47:59signal group, but we send every single
  4232. 2:48:01trade before we take it. After we take
  4233. 2:48:03it, we discuss it. We say what's going
  4234. 2:48:05on right, what's going on wrong. My goal
  4235. 2:48:07is not to give you signals. My goal is
  4236. 2:48:08to teach you how to trade. Because if I
  4237. 2:48:10give you right now a fish, I'm going to
  4238. 2:48:11be able to feed you for today. Tomorrow
  4239. 2:48:13you're going to be hungry. If I teach
  4240. 2:48:14you how to fish, you're going to be able
  4241. 2:48:16to eat forever. So that's my goal in
  4242. 2:48:18this. I want to teach you how to be able
  4243. 2:48:20to become profitable and how to make
  4244. 2:48:22money from the market without even using
  4245. 2:48:24my help. And then on on top of all of
  4246. 2:48:26that, you we're going to be having two
  4247. 2:48:28group calls every week. So with the
  4248. 2:48:30other students where we back test
  4249. 2:48:31together, live back test. Uh sometimes
  4250. 2:48:33we live trade together. We do we review
  4251. 2:48:36the journals. We discuss how the market
  4252. 2:48:38is. We see what you're doing right, what
  4253. 2:48:40you're doing wrong, and so on. On top of
  4254. 2:48:42all that, you're going to have my
  4255. 2:48:43personal number so that we can have
  4256. 2:48:45contact 24/7. And on top of that, you're
  4257. 2:48:48going to be able to book couple or
  4258. 2:48:49multiple one-on-one calls every single
  4259. 2:48:51week. And on top of that, there's so
  4260. 2:48:54many other features. And this is the
  4261. 2:48:56exact system that we use for all of
  4262. 2:48:58these students to be able to get their
  4263. 2:49:00payouts. So, if that's something you're
  4264. 2:49:03interested in, you can apply through the
  4265. 2:49:05link in my description. But before you
  4266. 2:49:07do so, I just want to let you know one
  4267. 2:49:08thing real quick. This is application
  4268. 2:49:10only and not everyone who applies ends
  4269. 2:49:12up getting accepted. All right? This is
  4270. 2:49:13something I want to just say it out loud
  4271. 2:49:16because this is only for serious traders
  4272. 2:49:19who actually want to change their life
  4273. 2:49:20and make trading work for them, become
  4274. 2:49:22consistent in trading, get payouts and
  4275. 2:49:24so on. This is not made for anyone who
  4276. 2:49:26just want to, you know, have fun and see
  4277. 2:49:28if trading is for them. No, this is for
  4278. 2:49:30people who want to make trading work
  4279. 2:49:32out. So, if you feel like that's you,
  4280. 2:49:34apply through the link in my
  4281. 2:49:35description. And then after that, there
  4282. 2:49:37is a video that you're going to see
  4283. 2:49:38about what's more included in the
  4284. 2:49:39mentorship. So, I don't make this video
  4285. 2:49:40too long. And then after that, there's
  4286. 2:49:43an application. You fill it. If you're
  4287. 2:49:45qualified, you'll be able to book a free
  4288. 2:49:46one-on-one call with me or one of my
  4289. 2:49:48assistants. And then we can talk about
  4290. 2:49:50the rest as well. So, do that.
  4291. 2:49:54Best case scenario, you end up joining
  4292. 2:49:56the family and you actually start
  4293. 2:49:59getting results. Worst case scenario,
  4294. 2:50:01you would leave the call with some extra
  4295. 2:50:04help and you don't lose anything. That
  4296. 2:50:07should be it. I'm going be talking about
  4297. 2:50:08this more in the end of this video and
  4298. 2:50:12let's get back to the video now. All
  4299. 2:50:13right. All right. So, enough enough
  4300. 2:50:15enough yapping about the trend lines,
  4301. 2:50:18market structure,
  4302. 2:50:21I don't know what. Enough with all of
  4303. 2:50:23that. BS. Whoa. Did I just call
  4304. 2:50:26everything I told you guys BS? Because
  4305. 2:50:29y'all been probably watching for the
  4306. 2:50:31last, I don't know, three hours, four
  4307. 2:50:33hours. I mean, I've been recording for 5
  4308. 2:50:34hours, but after editing, it's going to
  4309. 2:50:36be like 3 hours. So, and I call it BS. I
  4310. 2:50:40wouldn't take that. Yeah, I wouldn't
  4311. 2:50:42take that. If I was you, I would like,
  4312. 2:50:44man, this guy, this guy,
  4313. 2:50:48he called his He called his stuff
  4314. 2:50:50BS. I'm not going to watch him no more.
  4315. 2:50:53Now I'm playing. I'm playing. I'm
  4316. 2:50:54playing. Hey, listen. You guys been
  4317. 2:50:56watching me for three hours, so now I I
  4318. 2:50:59can't, you know, now we cool. Now we
  4319. 2:51:01know each other. Now we can crack some
  4320. 2:51:03jokes, right? Like no need for formality
  4321. 2:51:06no more. Like if I decide now to go to
  4322. 2:51:08sleep and, you know, continue the video
  4323. 2:51:11after I can change this shirt and I
  4324. 2:51:13don't know, wear my pajamas or my gym
  4325. 2:51:17clothes, right? I don't need to look
  4326. 2:51:18like this and I don't need to have a cap
  4327. 2:51:20on. Although my hair is very, how do you
  4328. 2:51:23call it?
  4329. 2:51:26What am I doing, bro? Fluffy, bro. I'm
  4330. 2:51:28just literally tired. Anyway, anyway,
  4331. 2:51:30anyway. Okay, Omar,
  4332. 2:51:32[snorts]
  4333. 2:51:33[sighs]
  4334. 2:51:35breathe in.
  4335. 2:51:37Breathe out. [snorts] Breathe in.
  4336. 2:51:40Breathe out. All right, lock in. Lock
  4337. 2:51:42in. Lock in. Lock in. People here are
  4338. 2:51:43serious. All right, this is a very long
  4339. 2:51:45video. It's a video that you wish people
  4340. 2:51:48would would have made when you start
  4341. 2:51:50trading.
  4342. 2:51:51All right.
  4343. 2:51:53It's a video you would have wished
  4344. 2:51:54people would have done when you start
  4345. 2:51:55trading. So these people who are
  4346. 2:51:58watching this video are serious people.
  4347. 2:52:00No one would watch a three three hours
  4348. 2:52:03so far. No one for a fact they had to
  4349. 2:52:05watch I don't know how many hours still
  4350. 2:52:06cuz I haven't finished it like three,
  4351. 2:52:08four, five hours. I don't know how many
  4352. 2:52:09hours it's still if they weren't
  4353. 2:52:11serious. So you got to be serious about
  4354. 2:52:14trading Omar. All right. You can't mess
  4355. 2:52:16around with these people.
  4356. 2:52:19These are serious, dedicated people
  4357. 2:52:21trying to make trading work.
  4358. 2:52:25They might be profitable traders.
  4359. 2:52:29They shouldn't be profitable traders if
  4360. 2:52:31they're watching this video because if
  4361. 2:52:33they were profitable traders, I wouldn't
  4362. 2:52:35recommend them to jump from strategy to
  4363. 2:52:37strategy.
  4364. 2:52:39[snorts]
  4365. 2:52:40But may or maybe they are. We never
  4366. 2:52:42know. Maybe they want to expand. But I
  4367. 2:52:43don't I'm not a big fan of that. If you
  4368. 2:52:45have a strategy that's working out for
  4369. 2:52:46you, you shouldn't be learning new
  4370. 2:52:47strategies.
  4371. 2:52:49Maybe there people who don't even have a
  4372. 2:52:50strategy yet. Maybe there are people
  4373. 2:52:53who's tired of ICT, SMC, supply and
  4374. 2:52:56demand. And now we're digging into the
  4375. 2:52:58sauce. Like literally, now we're digging
  4376. 2:53:00into the sauce. Like now the sauce is
  4377. 2:53:03starting to leak. Now we're doing what
  4378. 2:53:07people will charge you thousands of
  4379. 2:53:08dollars for. If you know, you know. Now,
  4380. 2:53:13if you know, you know. Now we talk about
  4381. 2:53:15some serious stuff.
  4382. 2:53:18So, no playing around. Lock in, Omar.
  4383. 2:53:21All right. My bad, guys. I apologize for
  4384. 2:53:23playing around for too much. We're
  4385. 2:53:24locked in. All right, let's get it. Now,
  4386. 2:53:26we're going to talk about Noah candles.
  4387. 2:53:30bro. I don't know why. Look,
  4388. 2:53:32there's two moods, Omar.
  4389. 2:53:3512 hours before recording and 12 hours
  4390. 2:53:37after. Like, I've been recording for so
  4391. 2:53:39long that my head's now, you know, I'm
  4392. 2:53:41starting to tweak low key. So there is
  4393. 2:53:44now we're gonna start okay seriously now
  4394. 2:53:47we're gonna start talking about no
  4395. 2:53:48candles. So no candles
  4396. 2:53:51is
  4397. 2:53:53the base of the strategy. It is the
  4398. 2:53:54strategy. Okay. Literally the whole
  4399. 2:53:56strategy is based upon market structure
  4400. 2:53:59or trends and no candles. That's it. Now
  4401. 2:54:03before we start I just want to let you
  4402. 2:54:05know no candles don't show up often.
  4403. 2:54:08Imagine
  4404. 2:54:10only
  4405. 2:54:1290 what was it? Six six around 93%.
  4406. 2:54:17So around 7%.
  4407. 2:54:21Only 7%
  4408. 2:54:23of all candles
  4409. 2:54:26are Noi candles and that's it. That's
  4410. 2:54:28the Only 7% of all candles in
  4411. 2:54:31history are Noi candles.
  4412. 2:54:35Can you imagine? That's crazy, right? So
  4413. 2:54:38we built a strategy based on 7% of the
  4414. 2:54:42candles. That's it. And not funny
  4415. 2:54:45enough, not all these 7% of the candles
  4416. 2:54:47are valid trades. So not it's like okay
  4417. 2:54:497% but not even all of them you can
  4418. 2:54:51trade. So you're going to be trading an
  4419. 2:54:54edge maybe I don't know maybe 1% or 1.5%
  4420. 2:54:58of them. Maybe actually maybe 1%. So 1%
  4421. 2:55:00of these whole candles in history are
  4422. 2:55:02valid to trade. So a whole edge, a whole
  4423. 2:55:06strategy is built upon 1% of candles.
  4424. 2:55:10And now I'm going teach it to you. So
  4425. 2:55:13[clears throat] let's get let's get into
  4426. 2:55:15it. No candles.
  4427. 2:55:18You have this is how a regular bullish
  4428. 2:55:20candle will look like, right? Pretty
  4429. 2:55:22basic bullish candle. It has a wick on
  4430. 2:55:24the top, wick on the bottom, body looks
  4431. 2:55:27like a normal candle. But here's how a
  4432. 2:55:30bullish no candle would look like. A
  4433. 2:55:33bullish focus on the word bullish. Okay.
  4434. 2:55:35A bullish note candle would look
  4435. 2:55:37something like this. Can you tell me
  4436. 2:55:38what's the difference between this
  4437. 2:55:40candle right here and this candle right
  4438. 2:55:42here? Exactly. This candle has a wick on
  4439. 2:55:46the bottom. This candle doesn't have a
  4440. 2:55:48wick on the bottom. Right. That's why
  4441. 2:55:50it's called a noick candle. Now, a
  4442. 2:55:53bullish no candle by definition is a
  4443. 2:55:56noick is a candle that doesn't have a
  4444. 2:55:58wick on the bottom. Okay? If it doesn't
  4445. 2:56:01have a wick on the top, it's fine. Like,
  4446. 2:56:03it's not a no wick candle. Only we care
  4447. 2:56:06about if it's a bullish candle that has
  4448. 2:56:07no wick on the bottom. So, on the
  4449. 2:56:10bottom, it's not allowed to have a wick.
  4450. 2:56:14That's it. That's literally the
  4451. 2:56:16definition of a bullish noick. Now, what
  4452. 2:56:18does this this is in theory? What does
  4453. 2:56:20it mean in real life? In real life, what
  4454. 2:56:22it means? It means that this candle once
  4455. 2:56:25it opened it went straight up without
  4456. 2:56:28even going down. Even a little bit like
  4457. 2:56:30it didn't even go a bit not even a tiny
  4458. 2:56:33bit down. No, straight up it went up. So
  4459. 2:56:37since the candle opened cuz let's say
  4460. 2:56:38the candle before or let me draw it
  4461. 2:56:40properly.
  4462. 2:56:43Let's say the candle before it looks
  4463. 2:56:44something like this,
  4464. 2:56:48right? Boom.
  4465. 2:56:51Once this candle opened, it opened and
  4466. 2:56:53straight up started rocketing upside to
  4467. 2:56:55the to the top, you know, like up or
  4468. 2:56:57even if this was bearish, it doesn't
  4469. 2:56:59matter. Doesn't really matter. Like,
  4470. 2:57:01let's say this candle looks something
  4471. 2:57:02like this.
  4472. 2:57:06Uh, let's let's give it a wig so you
  4473. 2:57:07guys don't get confused. Boom.
  4474. 2:57:14After this candle opened, it directly
  4475. 2:57:16started going up. Imagine. So, what are
  4476. 2:57:19the odds of this? like it since it
  4477. 2:57:21opened and it closed, it just went up.
  4478. 2:57:23It didn't go down even a little bit. So
  4479. 2:57:26that's what a no candle is. For some
  4480. 2:57:29reason, price decided to go up directly.
  4481. 2:57:32And usually it's market makers who do
  4482. 2:57:34this because think about it,
  4483. 2:57:38how how much money do they have to put
  4484. 2:57:40in the market for a candle to push
  4485. 2:57:43immediately upwards without even going
  4486. 2:57:45down even a little bit? retail traders
  4487. 2:57:47like me and you, we can't do that
  4488. 2:57:49because you need billions, literally
  4489. 2:57:50billions of dollars to make a candle go
  4490. 2:57:53up immediately or not a candle. They're
  4491. 2:57:55not focusing on the candles. They focus
  4492. 2:57:57on the price to push the price
  4493. 2:57:58immediately up. They need billions to be
  4494. 2:58:01to be able to do so. So that's what a
  4495. 2:58:04bullish candle is. A candle that open
  4496. 2:58:06and directly start going up without even
  4497. 2:58:08going down a little bit. Now, do you
  4498. 2:58:10care about all of that what I just said?
  4499. 2:58:11No. All you care about is a bullish
  4500. 2:58:13candle is a candle that has no bottom
  4501. 2:58:15wick. Okay. Now, why is it so powerful?
  4502. 2:58:18You also don't need to know the why, but
  4503. 2:58:20some people are just genuinely curious.
  4504. 2:58:22And I will tell you why.
  4505. 2:58:25Price in general, even even when we're
  4506. 2:58:28doing a trend, right? Usually after a
  4507. 2:58:30high, what does the price do? Creates a
  4508. 2:58:32higher low, and then a higher high. And
  4509. 2:58:33then what does it do? Creates a higher
  4510. 2:58:35low, then a higher high. Then what does
  4511. 2:58:36it do? Creates a higher low, then a
  4512. 2:58:37higher high. Why? Because the price
  4513. 2:58:39likes to balance itself. That's how the
  4514. 2:58:42markets works. It keeps balance it
  4515. 2:58:45balancing itself over and over and over
  4516. 2:58:48and over again. The price just keeps
  4517. 2:58:49balancing balancing balancing and then
  4518. 2:58:52even when it shifts start balancing
  4519. 2:58:54balancing balancing balancing and then
  4520. 2:58:55it shifts and then it keeps balancing
  4521. 2:58:57balancing balancing and so on. But you
  4522. 2:58:59never see the market just doing this.
  4523. 2:59:01Right? It wouldn't make sense for the
  4524. 2:59:03market to keep just doing this otherwise
  4525. 2:59:05everyone will have kept buying every
  4526. 2:59:06single day. Correct? The same concept
  4527. 2:59:09with a bullish noick.
  4528. 2:59:11When price decided to push up in one
  4529. 2:59:13direction, what do we expect price to
  4530. 2:59:15do? We expect price to come back down to
  4531. 2:59:18the noic, right? It doesn't have to, but
  4532. 2:59:21most of the time or not even not even
  4533. 2:59:22most of the time, but and it is most of
  4534. 2:59:24the time because technically most of the
  4535. 2:59:27time is more than 50% of the time. Let's
  4536. 2:59:30say a lot of the time price comes back
  4537. 2:59:32to the NOIC. Okay? And usually when
  4538. 2:59:34price comes back to the NOIC, it just
  4539. 2:59:37pushes from there. Now you might be like
  4540. 2:59:39asking why? Because this noi candle
  4541. 2:59:44is an imbalance in the market.
  4542. 2:59:48Okay? So it's an imbalance in the
  4543. 2:59:50market. And as I said earlier, the
  4544. 2:59:53market tends to balance itself over and
  4545. 2:59:55over again. So here once it balances
  4546. 2:59:58itself, it says, "Okay, cool guys, we
  4547. 3:00:00balance the price. Now we're good to
  4548. 3:00:02go." It's same concept as the uptrend.
  4549. 3:00:04After create a higher low, okay, we
  4550. 3:00:05balance the price, now we're good to go
  4551. 3:00:06up. Okay, we balance the price. Okay,
  4552. 3:00:09cool. Now we're good to go up. We
  4553. 3:00:10balance the price. Okay, cool. Now we
  4554. 3:00:12get to go up. Now sometimes we balance
  4555. 3:00:14the price. Oh no, we're going to fail.
  4556. 3:00:16And then it goes down, right? Same
  4557. 3:00:18concept with a bullish snowick. We
  4558. 3:00:20balance the price, now we're going to go
  4559. 3:00:22up. Most probably we balance the price,
  4560. 3:00:25we're going to go up. And that's
  4561. 3:00:26literally
  4562. 3:00:28like most of the entry model, most of
  4563. 3:00:31the strategy is based off of what I just
  4564. 3:00:32told you cuz literally that's what we
  4565. 3:00:34do. Once we price the no tap the noic,
  4566. 3:00:35we buy. But obviously there's other
  4567. 3:00:37confluences that we got to be talking
  4568. 3:00:39about now, okay? Or later. So, and then
  4569. 3:00:43sometimes we expect it to do this, but
  4570. 3:00:45instead it does this and this and that
  4571. 3:00:47would be hits. That would be our stop
  4572. 3:00:48loss. You know what I mean? But don't
  4573. 3:00:50worry, we're going to talk about all of
  4574. 3:00:51that soon.
  4575. 3:00:54So,
  4576. 3:00:55that's it. A noi candle is pretty much
  4577. 3:00:58an imbalance candle that once we expect
  4578. 3:01:02price to fill the imbalance, it's going
  4579. 3:01:04to react off it. All right. Now, same
  4580. 3:01:07concept for the bearish candle. A
  4581. 3:01:10regular bearish candle looks something
  4582. 3:01:11like this. A wick, a wick, and a body.
  4583. 3:01:15Now, what's the difference between this
  4584. 3:01:17bearish candle and a bearish noi candle?
  4585. 3:01:19Well, it's obvious. A regular bar a
  4586. 3:01:22regular bearish candle has a wick on the
  4587. 3:01:25top, while a bearish noic candle doesn't
  4588. 3:01:28have a wick on the top. Right now, same
  4589. 3:01:30concept. You remember how I said a
  4590. 3:01:32bullish no candle shouldn't have a wick
  4591. 3:01:34on the bottom? A bearish noey candle
  4592. 3:01:37shouldn't have a wick on the top. That's
  4593. 3:01:39it. So like if it doesn't have a wick on
  4594. 3:01:42the bottom, I don't care about that. We
  4595. 3:01:44care about a bearish candle should have
  4596. 3:01:45a wick on the top. And don't worry, the
  4597. 3:01:48indicator, this indicator is going to be
  4598. 3:01:49completely for free. It's gonna show you
  4599. 3:01:51where the no candles are. So this I'm
  4600. 3:01:54going give it to you. It's completely
  4601. 3:01:55for free and I'm g show it to you soon.
  4602. 3:01:58Don't worry. I'll give you the free ind
  4603. 3:02:00indicator for this. So,
  4604. 3:02:04same concept here. What do we expect
  4605. 3:02:06when we fill the no wick or the
  4606. 3:02:09imbalance? Price to reject. It's the
  4607. 3:02:11same concept as when we in a downtrend,
  4608. 3:02:13right? We have a high low, lower high.
  4609. 3:02:15Now, we expect a lower low. High low,
  4610. 3:02:18lower high, lower low, lower high, lower
  4611. 3:02:20low, lower high, lower low. And then
  4612. 3:02:22sometimes we fail. Yes. Correct. Same
  4613. 3:02:24concept with the NOIC. It's an
  4614. 3:02:25imbalance. price after the no candle
  4615. 3:02:28opened. It started pushing down straight
  4616. 3:02:30up. It didn't even joke around. It
  4617. 3:02:32didn't play around. No, straight up
  4618. 3:02:34started pushing down. And when that
  4619. 3:02:36happened,
  4620. 3:02:37price got to balance itself cuz why?
  4621. 3:02:39Because the market is always balanced.
  4622. 3:02:41It has to balance itself. So once it
  4623. 3:02:44balanced itself here, we can expect
  4624. 3:02:46price to reject from it. So that's why
  4625. 3:02:49this some people or no actually no one
  4626. 3:02:52does call call it that but I like to
  4627. 3:02:55call it sometimes imbalance candles
  4628. 3:02:57instead of no candles. You could hear me
  4629. 3:02:58saying imbalance candles. Now I almost
  4630. 3:03:00never say it but like it is an imbalance
  4631. 3:03:02candle. So for some reason the market
  4632. 3:03:05makers push the price directly
  4633. 3:03:08downwards. And I'm telling you market
  4634. 3:03:10makers not just make sound fancy or
  4635. 3:03:12anything. It's just realistically
  4636. 3:03:14speaking for price to move down without
  4637. 3:03:17even going even a little bit like not
  4638. 3:03:19even a tiny bit up because like even if
  4639. 3:03:21the wick is this small it doesn't count
  4640. 3:03:23as a no candle. All right. Like even if
  4641. 3:03:25it's super super super tiny it doesn't
  4642. 3:03:27count as a noick. No. A no candle has to
  4643. 3:03:30be completely no like not even a tiny
  4644. 3:03:33wick. So for the price to actually have
  4645. 3:03:35a noick and push completely in one
  4646. 3:03:38direction that means big ballers, market
  4647. 3:03:41makers, banks, I don't know who push the
  4648. 3:03:43price in one direction and that's it. So
  4649. 3:03:48that's that's what a no candle is pretty
  4650. 3:03:50much. To sum it up, a bullish noey
  4651. 3:03:53candle is a candle with no bottom wick
  4652. 3:03:54and then a bearish candle bearish no
  4653. 3:03:57candle is a candle with no top wick. The
  4654. 3:03:59reason why they're so powerful is
  4655. 3:04:01because they're imbalanced
  4656. 3:04:03candles. And then once price tends to
  4657. 3:04:06balance these candles, price usually
  4658. 3:04:08tends to reject from there. Now, this is
  4659. 3:04:12how I drew it. Now, let's see it in real
  4660. 3:04:13life. So, first thing I want you to do
  4661. 3:04:15in order to actually be able cuz that's
  4662. 3:04:17how the charts is looking for you. Right
  4663. 3:04:19now, first thing I want you to do to
  4664. 3:04:21actually be able to spot the Noic
  4665. 3:04:22candles is just write Omar Noek,
  4666. 3:04:24literally my name on Trading View, and
  4667. 3:04:26you're going to find it. All right? is
  4668. 3:04:28completely for free. The indicator is
  4669. 3:04:30free of charge. This indicator is free
  4670. 3:04:32of charge. You can see it doesn't show
  4671. 3:04:34the market structure, but it's going to
  4672. 3:04:36show you a lot of stuff. Okay, let me
  4673. 3:04:37just delete it because I have mine with
  4674. 3:04:40better better colors. I made it more,
  4675. 3:04:42you know, beautiful. So, this is the
  4676. 3:04:45indicator Omar Noek. Don't worry about
  4677. 3:04:48the mark structure is the one we talked
  4678. 3:04:49about earlier that I told you about.
  4679. 3:04:51That's only exclusive for my community.
  4680. 3:04:53But this is the one with
  4681. 3:04:57what is it called? Without the market
  4682. 3:04:59structure. Okay.
  4683. 3:05:01So
  4684. 3:05:03before I tell you about all the other
  4685. 3:05:04features that this indicator has, we now
  4686. 3:05:06we're going to focus about the NOX
  4687. 3:05:08itself. Okay. Cuz look, let me find
  4688. 3:05:12here. Let's see. Let's say this candle.
  4689. 3:05:14You see, can you see this candle right
  4690. 3:05:16here?
  4691. 3:05:17If you're looking at it right now, what
  4692. 3:05:19would you say? Would you say this is a
  4693. 3:05:20bullish noic or no?
  4694. 3:05:24You probably would, right? Because think
  4695. 3:05:26about it. Like look, I mean, even I'm
  4696. 3:05:28looking at it right now. I would say
  4697. 3:05:30it's a bullish noick, right? It's a
  4698. 3:05:31candle, bullish candle with no bottom
  4699. 3:05:34wick. All right, let's zoom in. Would
  4700. 3:05:36you say it's a bullish noick? Yes, you
  4701. 3:05:39would, right? I mean, has no wick,
  4702. 3:05:41right? All right, cool. Let's zoom in
  4703. 3:05:44more. Would you say it's a bullish
  4704. 3:05:46noick? I mean, yeah, Omar, what's your
  4705. 3:05:49point? Yes, it is. Okay. But why is the
  4706. 3:05:52indicator not showing?
  4707. 3:05:54Is it a glitch? I don't think so. Let's
  4708. 3:05:56zoom in more and more and more and more.
  4709. 3:06:00Oh
  4710. 3:06:02It does have a wick. You see this tiny
  4711. 3:06:04tiny wick?
  4712. 3:06:06Super tiny wick
  4713. 3:06:09is the exact same. This is the exact
  4714. 3:06:11same candle when we were looking here.
  4715. 3:06:14We saw it as a bullish noick and we
  4716. 3:06:16weren't weren't able to see it, right?
  4717. 3:06:18This is the exact same candle. You see
  4718. 3:06:20when we were too zoomed out we saw it as
  4719. 3:06:22a bullish no we saw as a bullish no
  4720. 3:06:24wick. Now when we zoomed in you're
  4721. 3:06:26saying ohmar it does have a small wick
  4722. 3:06:29and obviously we're not going to be
  4723. 3:06:31zooming in on every single candle that
  4724. 3:06:33we see right because otherwise we we're
  4725. 3:06:35going to spend the whole day just
  4726. 3:06:36zooming in into every single candle. It
  4727. 3:06:38doesn't make sense right that's exactly
  4728. 3:06:40why we have this indicator. Actually
  4729. 3:06:42funny enough I didn't give credit one of
  4730. 3:06:44my students who who made this indicator.
  4731. 3:06:47It wasn't even me. one of my students
  4732. 3:06:48who did this indicator for us. So, shout
  4733. 3:06:51out to you. But um I call we call him
  4734. 3:06:53Mashaki in uh
  4735. 3:06:57in Discord. Anyway,
  4736. 3:07:00that's exactly why you got to use the
  4737. 3:07:02indicator. And as I said, it's
  4738. 3:07:03completely for free. So, don't try to
  4739. 3:07:05spot the noix by yourself. Otherwise,
  4740. 3:07:07you're going to be, you know, you're
  4741. 3:07:08going to see candles as no when in
  4742. 3:07:10reality they are a no they aren't. Or
  4743. 3:07:13like this one. This one might seem like
  4744. 3:07:15a noic candle, but when you zoom in and
  4745. 3:07:18zoom in and zoom in and zoom in and zoom
  4746. 3:07:21in, you're going to see, oh, it does
  4747. 3:07:23have a noick. It does have a wick.
  4748. 3:07:25Sorry. So, having this indicator, Omar,
  4749. 3:07:28no, is just going to save you time. So,
  4750. 3:07:30the main job of this indicator is to
  4751. 3:07:32show you two type of candles. Either
  4752. 3:07:35bullish candles like this one with no
  4753. 3:07:39bottom wick. You see, it doesn't have
  4754. 3:07:40any wick on the bottom. And you might be
  4755. 3:07:43like, "Oh, okay. Omar, zoom in." I'm
  4756. 3:07:45gonna tell you, "All right, sailors,
  4757. 3:07:46this candle, right?" Boom.
  4758. 3:07:49Let's zoom in. Let's zoom in. Let's zoom
  4759. 3:07:51in.
  4760. 3:07:52Here you go. I I could keep zooming in
  4761. 3:07:54until tomorrow and it's still going to
  4762. 3:07:58be a noick. You see,
  4763. 3:08:01because there is a noick. So, I could
  4764. 3:08:04keep zooming until tomorrow and it's
  4765. 3:08:06still going to be a no candle. All
  4766. 3:08:08right. So, the indicator is 100%
  4767. 3:08:10accurate for this. So
  4768. 3:08:14yeah, it job is to show you two type of
  4769. 3:08:15candles. Either bullish candles with no
  4770. 3:08:17bottom wick or bearish candles with no
  4771. 3:08:19topic. Obviously, you could change the
  4772. 3:08:20colors and all of that. So yeah, that's
  4773. 3:08:23how simple it is to spot a no candle.
  4774. 3:08:26You will find pre nos pretty often. Now,
  4775. 3:08:30obviously, not all nos are valid. And
  4776. 3:08:31that's when what we're going to talk
  4777. 3:08:33about next on how to be able to spot a
  4778. 3:08:36valid no from not a valid no because
  4779. 3:08:40there's many factors you got to take
  4780. 3:08:42into consideration. Not like, oh, okay,
  4781. 3:08:43no, price taps. Okay, now it's going to
  4782. 3:08:45pump. Or, oh, no, price taps, now it's
  4783. 3:08:47going to dump. No, we got to trade it
  4784. 3:08:48with a trend and we have a set of rules.
  4785. 3:08:51But like, if you're curious, I'm going
  4786. 3:08:52to give you a small sneak sneak sneak
  4787. 3:08:54peek. [laughter]
  4788. 3:08:55This would be a valid trade. for example
  4789. 3:08:57you see because as I said we have to
  4790. 3:08:59trade it with the trend so you can see
  4791. 3:09:01okay boom we're in an uptrend then we
  4792. 3:09:04got a bullish noick you see price tapped
  4793. 3:09:06it that's when you would have entered
  4794. 3:09:07your B the buy for example stop loss at
  4795. 3:09:10the low and TPU
  4796. 3:09:13I don't know we'll talk about it I want
  4797. 3:09:14to leak the whole sauce now so you don't
  4798. 3:09:16guys like oh that's it you see and would
  4799. 3:09:19have played out amazingly but anyway
  4800. 3:09:22we're going to talk about it later now I
  4801. 3:09:24just want to make sure that you guys
  4802. 3:09:25understood what is a noic?
  4803. 3:09:28uh how it's going to look like. You
  4804. 3:09:29know, now you know what a noic candle
  4805. 3:09:31is, right? And you're gonna see you're
  4806. 3:09:33gonna be surprised how nice it works
  4807. 3:09:35out. You see uptrend bullish no price
  4808. 3:09:37stopped it and then it start pumping. So
  4809. 3:09:41cool. This is the main job of this
  4810. 3:09:44indicator and now you know what a noic
  4811. 3:09:46candle is. Now there is other features
  4812. 3:09:48that you can benefit from this indicator
  4813. 3:09:50from the Omar Noic indicator such as
  4814. 3:09:54if you're a forex trader you can have
  4815. 3:09:56this risk dashboard to calculate your
  4816. 3:09:58loss size. Um you can also have this win
  4817. 3:10:02rate dashboard in order to be able to
  4818. 3:10:03calculate you know how many wins how
  4819. 3:10:05many losses you took. You can like it
  4820. 3:10:07does it by by itself for you. You know
  4821. 3:10:10it shows you the win rate and so on. And
  4822. 3:10:13then you can also add
  4823. 3:10:16um or not you you should actually it has
  4824. 3:10:19it in default this no trading zone which
  4825. 3:10:22are hours we I don't trade and not I
  4826. 3:10:26don't trade the strategy doesn't work as
  4827. 3:10:28well in these hours plus if you're
  4828. 3:10:30trading prop firms usually the market
  4829. 3:10:33the prop firms don't allow you to trade
  4830. 3:10:34during these hours the no trading zone
  4831. 3:10:36that's why it's also there and in
  4832. 3:10:38general the price action is usually not
  4833. 3:10:40good there you know like the trend is
  4834. 3:10:42most of the time It's just consolidating
  4835. 3:10:43in that area. You can see here, you can
  4836. 3:10:46see here.
  4837. 3:10:48Okay, here was actually good. But you
  4838. 3:10:51get the point. And we'll also show you,
  4839. 3:10:53you know, remember how I was telling you
  4840. 3:10:54about the sessions.
  4841. 3:10:56There's London, Asia, New York, and all
  4842. 3:10:58of that. You don't have to go and do it
  4843. 3:11:00on baby pips. Instead, you can have it
  4844. 3:11:03here where it's going to show you the
  4845. 3:11:05sessions as well. And here, if you want,
  4846. 3:11:07you can change the noic triangles, you
  4847. 3:11:10know, the bullish or bearish. So you
  4848. 3:11:11could change the colors if you want or
  4849. 3:11:13the size of the noic the arrow like I
  4850. 3:11:17have it as small. You can have it as
  4851. 3:11:18normal. It would look like this. I just
  4852. 3:11:20prefer as small. So yeah, there is a lot
  4853. 3:11:23of good nice features for this. So feel
  4854. 3:11:26free or not feel free, you have to
  4855. 3:11:27actually use the indicator. Uh I don't
  4856. 3:11:30benefit anything if you use it or if you
  4857. 3:11:32don't. Just so you know it's completely
  4858. 3:11:34for free. I don't get paid neither from
  4859. 3:11:36you, neither from Trading View, from no
  4860. 3:11:37one. I don't get paid for this. I just
  4861. 3:11:39did it as a gift for you. And I know I
  4862. 3:11:42could be charging money for it, but I
  4863. 3:11:44don't want because realistically
  4864. 3:11:46speaking, if you guys would buy it, you
  4865. 3:11:48guys would pay me like, I don't know,
  4866. 3:11:49$50 for it. If I sell it for, I don't
  4867. 3:11:52know, 100 people, that's like what
  4868. 3:11:57five
  4869. 3:11:595,000. That's okay. Like for some people
  4870. 3:12:01that's a lot of money, but for me it's
  4871. 3:12:03like not that crazy. So I would rather
  4872. 3:12:05you donate that money to someone
  4873. 3:12:06instead. Right? That's why I'm because a
  4874. 3:12:09lot of people ask me, "Yo, Omar, this
  4875. 3:12:10indicator is sick. Like, it has the note
  4876. 3:12:12trading zone, it has the sessions, it
  4877. 3:12:14has the NOX, it has the lot size
  4878. 3:12:16calculator, it has the dashboard, it has
  4879. 3:12:18all of that. Why did you choose sell
  4880. 3:12:20it?" I'm like, "Bro, I'm good." Like,
  4881. 3:12:22that $5,000 I would make in one trade.
  4882. 3:12:25So, I'm good. Like, humbly, of course.
  4883. 3:12:26Please don't get me wrong. Like, I don't
  4884. 3:12:27want to show like, oh, I make this much
  4885. 3:12:29each trade. No, it's not. That's not my
  4886. 3:12:32point. My point is, it's not going to be
  4887. 3:12:37life-changing money for me. But for some
  4888. 3:12:39people, this $50, someone who's in a
  4889. 3:12:41third world country would struggle to
  4890. 3:12:43pay it, and they wouldn't be able to use
  4891. 3:12:44the strategy if they don't have this
  4892. 3:12:47indicator, right? That's why I'm like,
  4893. 3:12:49you know what? I don't want to charge
  4894. 3:12:51anyone for this. It's cool. I don't want
  4895. 3:12:53to, you know, just for my own benefit
  4896. 3:12:56hurt some other people, especially that
  4897. 3:12:59I'm now like I'm talking about it now.
  4898. 3:13:00Why wouldn't I talk about it earlier if
  4899. 3:13:02so? You know what I mean? Like why would
  4900. 3:13:04I let someone watch this long and now I
  4901. 3:13:06tell them, "Oh, by the way, you have to
  4902. 3:13:07pay $50 in order to be able to get this
  4903. 3:13:09indicator. Otherwise, you're not going
  4904. 3:13:10to be able to use my strategy." That
  4905. 3:13:12wouldn't make sense. So, yeah, it's
  4906. 3:13:14completely for free. If you I'm going to
  4907. 3:13:16give you two ways to actually give me a
  4908. 3:13:18gift or thank me. Let's say thank me. I
  4909. 3:13:20don't like gifts. First one, if you
  4910. 3:13:23actually able to pay that $50, go and
  4911. 3:13:25donate it for someone and then that
  4912. 3:13:27donation as if you donated it from me.
  4913. 3:13:30So I would, you know, I would appreciate
  4914. 3:13:33that we're doing good for human beings
  4915. 3:13:36and that or for the poor people.
  4916. 3:13:39Second way, just leave a like and
  4917. 3:13:42subscribe for this channel. That would
  4918. 3:13:43actually help me grow on YouTube and
  4919. 3:13:45that would mean a lot to me. So that's
  4920. 3:13:48it. And if you don't do it, it's fine.
  4921. 3:13:50All right? Like you're don't feel forced
  4922. 3:13:52to do it. It's completely fine. Like I
  4923. 3:13:55don't want you, you know, if you don't
  4924. 3:13:56feel like you want to do it, it's
  4925. 3:13:58completely fine. you. If you're feeling
  4926. 3:14:00forced to do it, don't do it. Okay? Now,
  4927. 3:14:03let's keep going with the video.
  4928. 3:14:07Now, we're not going to be sitting here
  4929. 3:14:11every day and
  4930. 3:14:14wait for what is it called these no
  4931. 3:14:17candles to show up, right? Like imagy
  4932. 3:14:22candles. You don't really have to be on
  4933. 3:14:24the charts and wait for them to show up
  4934. 3:14:26like like for example here um let's say
  4935. 3:14:30I want to take this trade
  4936. 3:14:34actually that would be really good trade
  4937. 3:14:35let's say I want to take this trade I
  4938. 3:14:37don't really have to sit and then wait
  4939. 3:14:40for price and then for this no candle
  4940. 3:14:42because imagine I have to wait through
  4941. 3:14:43all of this time for this no to show up
  4942. 3:14:45no I don't have to do it there's a way
  4943. 3:14:48where you set alerts so that you get a
  4944. 3:14:51notification on your phone whenever a
  4945. 3:14:52knowic candle shows up. So whenever this
  4946. 3:14:55candle shows up, you're going to be
  4947. 3:14:58getting a notification. And now I'm
  4948. 3:15:00going to teach you how to do that. And
  4949. 3:15:02we call it alerts. Okay. So this
  4950. 3:15:04indicator, the noic indicator is
  4951. 3:15:06designed in a way that you can set an
  4952. 3:15:09alert and that alert will give you a
  4953. 3:15:11notification
  4954. 3:15:12so that you can see okay a noic candle
  4955. 3:15:14showed up. And the best part is, I don't
  4956. 3:15:16know, you could be at work. You could do
  4957. 3:15:18be doing whatever you're doing and then
  4958. 3:15:20you would just get a
  4959. 3:15:24notification. You would go check it out
  4960. 3:15:27and you will see that, oh, there is a
  4961. 3:15:29noick right here. And then takes you two
  4962. 3:15:33seconds. You would look at it. You would
  4963. 3:15:34say, "Okay, this is a valid no. Let me
  4964. 3:15:36enter the trade." Or, "This is not a
  4965. 3:15:38valid noick." And then you close your
  4966. 3:15:39phone. Now, how do you set the alerts?
  4967. 3:15:42I'm going to teach you right now. So for
  4968. 3:15:43you to set the alert you have to do
  4969. 3:15:45this. First thing let me just close
  4970. 3:15:48this. First thing you have to do is
  4971. 3:15:51press on you add the indicator obviously
  4972. 3:15:53Omar Noek and then you come here to
  4973. 3:15:55alerts. You can do it on your phone or
  4974. 3:15:57on your laptop. Um I'm not going to
  4975. 3:15:59record how to do it on your phone and
  4976. 3:16:01how to do it on your laptop. I'm just
  4977. 3:16:02going to do quickly on the laptop and
  4978. 3:16:04then if you want to do it on the phone
  4979. 3:16:06you're going to discover it. It's pretty
  4980. 3:16:07pretty much the same. Uh or you could do
  4981. 3:16:10it on your laptop. And by the way
  4982. 3:16:11they're connected. So, you're going to
  4983. 3:16:12find it on your phone as well. So, you
  4984. 3:16:14press on this clock right here, alerts,
  4985. 3:16:17and then you press on create alert.
  4986. 3:16:19Okay.
  4987. 3:16:22Okay, never mind. I'm not allowed to do
  4988. 3:16:24it while I'm in replay mode. No problem.
  4989. 3:16:26You press on create alert.
  4990. 3:16:29So, first thing you do is create alert
  4991. 3:16:32on and then you choose what you're
  4992. 3:16:34doing. So, this is pretty much going to
  4993. 3:16:36choose whatever charts you're on. By the
  4994. 3:16:38way, this is for Forex and for futures.
  4995. 3:16:40So you don't get confused. Let's say you
  4996. 3:16:43want to do it on CAD JPY cuz as I said
  4997. 3:16:45you can do it on I trade these forex
  4998. 3:16:47pairs or these forex pairs and these
  4999. 3:16:49futures uh contracts. So you have
  5000. 3:16:52unfortunately you have to do it one by
  5001. 3:16:54one for all of them. That's the sad part
  5002. 3:16:56but it's going to take you like 10
  5003. 3:16:58minutes total. So
  5004. 3:17:01let's go again. You press on the clock
  5005. 3:17:03create alert and then it's going to
  5006. 3:17:05choose whichever chart you're on and
  5007. 3:17:07then condition. Here you choose the
  5008. 3:17:10indicator. So you press on Omar Noic.
  5009. 3:17:13All right. First thing you choose is
  5010. 3:17:15bullish noick arrow. It's going to show
  5011. 3:17:16up by itself. By itself
  5012. 3:17:20interval
  5013. 3:17:22same as chart pretty much. And I'm going
  5014. 3:17:24to talk about which time frame to do
  5015. 3:17:26because it's different from Forex to
  5016. 3:17:27futures. But like in Forex for example,
  5017. 3:17:29it has to be the 15 minutes. So you
  5018. 3:17:31press on the 15 minutes for example and
  5019. 3:17:33then trigger
  5020. 3:17:37once per bar close. So you leave
  5021. 3:17:39everything as default
  5022. 3:17:41but for trigger you press on once per
  5023. 3:17:44bar close. Why? What does one once per
  5024. 3:17:47bar close?
  5025. 3:17:48It means once the noey candle
  5026. 3:17:52closes, that's when you're going to get
  5027. 3:17:54the notification because sometimes what
  5028. 3:17:57might happen is a no candle would show
  5029. 3:17:58up, the candle will open as a noick.
  5030. 3:18:01Price is going up and it's still a no
  5031. 3:18:03candle and then it's going to end up not
  5032. 3:18:04being a noick. You know, like it flips,
  5033. 3:18:06price pushes down and it's not a noick
  5034. 3:18:08anymore. So why would you get a
  5035. 3:18:09notification on that, right? We only
  5036. 3:18:11care about no candles that close. That's
  5037. 3:18:14why we got to do this trigger once per
  5038. 3:18:16bar close. All right. Expiration. I
  5039. 3:18:20don't know. Do it as far as you can. Uh
  5040. 3:18:23won't expire.
  5041. 3:18:25You need a different plan for that.
  5042. 3:18:27Okay. We do it I don't know one month.
  5043. 3:18:30All right. Cool. One month. And then the
  5044. 3:18:32message you name it whatever you want.
  5045. 3:18:35Alert name for example bullish.
  5046. 3:18:37No
  5047. 3:18:40here for example back I don't know
  5048. 3:18:44enter
  5049. 3:18:46a trade Omar
  5050. 3:18:50let's make some money I don't know name
  5051. 3:18:52it what you can write whatever you want
  5052. 3:18:54or maybe you don't want to write
  5053. 3:18:55anything it's up to you so you do that
  5054. 3:18:58apply
  5055. 3:19:00and then notification
  5056. 3:19:03here you have notify an app pretty much
  5057. 3:19:05this is going to just show you in the
  5058. 3:19:06application
  5059. 3:19:08send toast notification. This going to,
  5060. 3:19:10you know, for the notification. If you
  5061. 3:19:12want to have it to send you an email,
  5062. 3:19:14you can do that as well so that you
  5063. 3:19:15receive an email whenever you get a no.
  5064. 3:19:18I'm not a big fan of emails. I don't
  5065. 3:19:19check my emails that much. Plus, I don't
  5066. 3:19:21want, you know, to get, I don't know, 20
  5067. 3:19:2330 emails every day. So, that's why I
  5068. 3:19:25don't have it on. And then play sound.
  5069. 3:19:28You have so many sounds. This is the
  5070. 3:19:30best sound in my opinion.
  5071. 3:19:35Hey, low key. This one is creepy though
  5072. 3:19:36cuz I had one time, listen guys, funny
  5073. 3:19:39story. One time I had this hist and I
  5074. 3:19:43was sleep, bro. I woke up and I was so
  5075. 3:19:46scared, man. I was like, yo, who's
  5076. 3:19:48talking to me? So, don't put this
  5077. 3:19:50hapist. So, you you have a lot of, you
  5078. 3:19:53know,
  5079. 3:19:54>> oh,
  5080. 3:19:54>> you have a lot of voices like it doesn't
  5081. 3:19:57even need to be like you can have a dog
  5082. 3:19:58barking for example. Also don't put it
  5083. 3:20:01because it's don't put this one. Imagine
  5084. 3:20:04you're with family and you hear someone
  5085. 3:20:06puts you put a dog they they hear a dog
  5086. 3:20:08barking and then like oh there is
  5087. 3:20:10no and then you start rushing. So don't
  5088. 3:20:12do that. Okay. Choose something like a
  5089. 3:20:16maybe not water drop. I don't know.
  5090. 3:20:26Okay.
  5091. 3:20:31Yeah, this one is nice. Beep.
  5092. 3:20:34This one is nice.
  5093. 3:20:39This one is nice. Anyway, doesn't
  5094. 3:20:40matter. Choose whichever you want. Okay.
  5095. 3:20:42Go find the
  5096. 3:20:45find the sound that you want the
  5097. 3:20:46notification to do. And then
  5098. 3:20:49notification schedule.
  5099. 3:20:51You can make it, you know, 24/7 or
  5100. 3:20:53weekdays. I mean, it doesn't matter if
  5101. 3:20:55it's 24% or weekdays. On weekends,
  5102. 3:20:57you're not going to get the
  5103. 3:20:58notification. Or you can have it on
  5104. 3:21:00standard working hours, you know, like,
  5105. 3:21:02okay, after 12, let's say midnight, I
  5106. 3:21:04don't want to get notifications anymore
  5107. 3:21:06or so on. So, you make your your thing
  5108. 3:21:09and then you press apply. Okay. So,
  5109. 3:21:12let's go over it again. You set the
  5110. 3:21:14create alert condition. You put the
  5111. 3:21:16indicator here. We said bullish no same
  5112. 3:21:19as chart open per. So pretty much you
  5113. 3:21:22just have to change per bar closed.
  5114. 3:21:24That's it. Like that's literally all you
  5115. 3:21:26got to do. If you want to change the
  5116. 3:21:27message, you can do so. Then you press
  5117. 3:21:28on create and voila. Now we have an
  5118. 3:21:31indicator. Now here's the catch though.
  5119. 3:21:34This will only show you now the bullish
  5120. 3:21:36noic candles, right? So this is just
  5121. 3:21:38going to show you the bullish noic
  5122. 3:21:39candles. It's not going to show you show
  5123. 3:21:40you the bearish no candles. So for the
  5124. 3:21:43exact same pair, you have to do the same
  5125. 3:21:44thing again. Okay. Omar Noick. Now
  5126. 3:21:48instead of bullish no arrow you choose
  5127. 3:21:50bearish no arrow and then trigger
  5128. 3:21:54once per bar close
  5129. 3:21:56expiration you can as I said fix the
  5130. 3:21:59date if you want message you write
  5131. 3:22:01whatever message you want if you want to
  5132. 3:22:03write something
  5133. 3:22:05if you want to change the notification
  5134. 3:22:06sound you can change it and then you
  5135. 3:22:07press create and now you have a bullish
  5136. 3:22:10and a bearish uh notification okay let's
  5137. 3:22:12say I want to do it for I don't know
  5138. 3:22:14this one same thing boom alerts Omar
  5139. 3:22:19Noek
  5140. 3:22:21bullish no same as chart
  5141. 3:22:24open once per bar close you can change
  5142. 3:22:27the time let's say you want it to be for
  5143. 3:22:28the five minutes candles five minute noi
  5144. 3:22:30candles
  5145. 3:22:33that's it and then you press on create
  5146. 3:22:34and boom you get the notifications now
  5147. 3:22:37then you have to do the same thing again
  5148. 3:22:41no instead of bullish it has to be
  5149. 3:22:44bearish
  5150. 3:22:45let's say five minutes we
  5151. 3:22:48and then
  5152. 3:22:52once per bar close
  5153. 3:22:55and then create. And then you just keep
  5154. 3:22:57doing this until you do whichever pairs
  5155. 3:22:59you want to get notifications on. Okay.
  5156. 3:23:01Now, this is not my main account. The
  5157. 3:23:04this is just my YouTube account that I
  5158. 3:23:06use. So, that's why I'm going to delete
  5159. 3:23:08these ones.
  5160. 3:23:11But
  5161. 3:23:12yeah, that's it pretty much. That's how
  5162. 3:23:13you get the alert. It's pretty easy in
  5163. 3:23:16my opinion. It's going to save you a lot
  5164. 3:23:17of time. So, you don't have to sit on
  5165. 3:23:19the charts and watch actually the
  5166. 3:23:21charts, you know, happening. Oh, this is
  5167. 3:23:23going to be this is a good example. For
  5168. 3:23:24example, look like this is a bullish no,
  5169. 3:23:27right? It just opened and now you see
  5170. 3:23:29it's not a noic anymore because now it
  5171. 3:23:31created the bottom wick like the candle
  5172. 3:23:32flipped. So, why would you get a
  5173. 3:23:34notification directly? That's why I
  5174. 3:23:36prefer to get per bar close. You know
  5175. 3:23:38what I mean? So, you don't get spammed
  5176. 3:23:39all the time.
  5177. 3:23:41So that's it pretty much. Very easy,
  5178. 3:23:45very straightforward.
  5179. 3:23:47Um it's up to you. I have two type of
  5180. 3:23:50people. Some type people like to put
  5181. 3:23:52alerts so that they don't have to be on
  5182. 3:23:55the charts at all through the whole day.
  5183. 3:23:58Imagine that's pretty nice, you know,
  5184. 3:23:59like you don't have to stay on the
  5185. 3:24:00charts and wait for a no candle to show
  5186. 3:24:02up. You just get a notification and then
  5187. 3:24:04you start trading. Once you get that
  5188. 3:24:06notification, you go, you press on it
  5189. 3:24:08and you start trading the noi candles.
  5190. 3:24:12Some people prefer, okay, no, I want to
  5191. 3:24:14spend 30 minutes or 1 hour a day on the
  5192. 3:24:16charts. I'm that type person. For
  5193. 3:24:18example, some days, some days I'm not
  5194. 3:24:20where I like to stay on the charts 1
  5195. 3:24:22hour, 30 minutes, and then if I find a
  5196. 3:24:24trade, I find a trade. If I don't find
  5197. 3:24:26the trade, I don't find the trade. And
  5198. 3:24:28yeah, so I'm going to leave it up to
  5199. 3:24:29you. But now, let's keep moving forward.
  5200. 3:24:32All right. So, now we're going to talk
  5201. 3:24:33about the news. Oh my god, guys. Listen,
  5202. 3:24:36this is so simple. I most if you've been
  5203. 3:24:39trading for a while or not even for a
  5204. 3:24:41while, if you've been training for one,
  5205. 3:24:42two months, you already know about news.
  5206. 3:24:44But I'm going teach you the secrets
  5207. 3:24:47about news. Okay, we're not there. It's
  5208. 3:24:48not a secret. Like you could find this
  5209. 3:24:50information online, but most people
  5210. 3:24:52don't talk about it because this is the
  5211. 3:24:55boring part that no one likes to talk
  5212. 3:24:57about and no one actually likes to
  5213. 3:24:59listen to it, including me. like I don't
  5214. 3:25:02like to talk about it but if you want to
  5215. 3:25:04become a professional trader or you want
  5216. 3:25:06to come not even professional profitable
  5217. 3:25:08trader you need to know this
  5218. 3:25:09information. So and that's the thing a
  5219. 3:25:13lot of people like I never seen anyone
  5220. 3:25:14talking about this unfortunately. So
  5221. 3:25:16that's why I want to be talking about it
  5222. 3:25:18cuz I want to leave you I'm not here
  5223. 3:25:20just to teach you the strategy. We still
  5224. 3:25:21haven't dig down into the strategy but
  5225. 3:25:23yet I want to teach you know everything
  5226. 3:25:26you need to learn. I don't want to you
  5227. 3:25:27know leave you half hanging. You know
  5228. 3:25:29what I mean? So it's very important that
  5229. 3:25:31you actually understand this part as
  5230. 3:25:32well. So news impacts on each other
  5231. 3:25:36first. So now we're going to talk about
  5232. 3:25:37news.
  5233. 3:25:39News [sighs] is so important because I
  5234. 3:25:42don't like to trade news but yet I'm so
  5235. 3:25:44scared from news because their impact
  5236. 3:25:46can literally blow your account and we
  5237. 3:25:48don't want that to happen right that's
  5238. 3:25:50why it's important to understand types
  5239. 3:25:52of news like you have the impacts on
  5240. 3:25:54each other the types of news and here
  5241. 3:25:57I'm going to explain to you reasons to
  5242. 3:25:58avoid trading news at all costs okay so
  5243. 3:26:01news impacts on each other
  5244. 3:26:04sometimes first let me just explain to
  5245. 3:26:06you briefly what is news there is Let's
  5246. 3:26:09say, okay, today is the election days
  5247. 3:26:12and then today is the election day. I
  5248. 3:26:14don't know, they're going to choose
  5249. 3:26:15who's going to be the president of the
  5250. 3:26:17USA. So, they put news. Okay, today
  5251. 3:26:19they're going to show us the
  5252. 3:26:21unemployment claims. How many people in
  5253. 3:26:22the US in June became unemployed? That's
  5254. 3:26:26in news. Okay, today we're going to show
  5255. 3:26:28you the inflation rate. How much did the
  5256. 3:26:31inflation rate in 2025 go up or down?
  5257. 3:26:34This is called news. And usually these
  5258. 3:26:36news have high impact. So they changed
  5259. 3:26:39the market the the minute they drop the
  5260. 3:26:41news the market might pump or dump but
  5261. 3:26:44like crazy you know like so we want to
  5262. 3:26:47be careful we don't want to be trading
  5263. 3:26:49during news okay so I'm going to give
  5264. 3:26:51you some tricks on how to avoid trading
  5265. 3:26:53news and when should you stop trading
  5266. 3:26:56before news when are you allowed to
  5267. 3:26:57trade after news what type of news are
  5268. 3:26:59important what type of news are not
  5269. 3:27:01important on forex on futures where can
  5270. 3:27:04you actually find this news uh how to
  5271. 3:27:06spot them and pretty much everything you
  5272. 3:27:09need to know. So news impact on each
  5273. 3:27:13other. Whenever you have a USD news, so
  5274. 3:27:17news related to USD, the USD currency,
  5275. 3:27:21this affects all currency pairs. Okay?
  5276. 3:27:24So USD news affects all currency pairs.
  5277. 3:27:28So if you see
  5278. 3:27:31news on the USD, you're not allowed to
  5279. 3:27:34trade any of the other currency pairs
  5280. 3:27:36either. For example, USD news affects
  5281. 3:27:40Euro, GBP, JPY,
  5282. 3:27:44CH, CHF, uh, AUD, all the currency
  5283. 3:27:48pairs, no exceptions. So USD, whenever
  5284. 3:27:51it's USD news, avoid trading all the
  5285. 3:27:55other currency pairs.
  5286. 3:27:57European news affects mostly European
  5287. 3:28:00pairs. So whenever we have a European
  5288. 3:28:02news, it affects mostly European
  5289. 3:28:04currency pairs. For example, Euro news
  5290. 3:28:08affects mostly Euro but can affect GBP
  5291. 3:28:11for example. So if we have news on
  5292. 3:28:14Europe, that means it's going to affect
  5293. 3:28:16GBP because both of them are in Europe,
  5294. 3:28:18right? Same concept vice versa. If we
  5295. 3:28:21have a GBP news, this could affect
  5296. 3:28:24Europe. Now, Asian news affects mostly
  5297. 3:28:28Asian pairs. So, for example, if we see
  5298. 3:28:30JPY news, this affects mostly JPY, but
  5299. 3:28:36it can affect AD. Now, there is no
  5300. 3:28:38guarantee it's going to do it, but there
  5301. 3:28:40is a chance, and I don't like to take my
  5302. 3:28:42chances on when the cost is going to be
  5303. 3:28:44my money, right? So, that's why I would
  5304. 3:28:46just avoid trading all the Asian pairs.
  5305. 3:28:49So if we have sum it up USD news avoid
  5306. 3:28:52trading USD and everything. If you have
  5307. 3:28:55European news such as Euro GBP avoid
  5308. 3:28:58trading all European pairs. If you have
  5309. 3:29:02Asian news try to avoid avoid trading
  5310. 3:29:05all the Asian pairs. Now for futures we
  5311. 3:29:11only care about USD news. Like G Euro
  5312. 3:29:13news wouldn't affect futures. Okay. Um
  5313. 3:29:17Asian news wouldn't affect futures. So
  5314. 3:29:19if you're a futures trader, you have to
  5315. 3:29:21only care about
  5316. 3:29:25US news.
  5317. 3:29:28Obviously, it depends on what you're
  5318. 3:29:29trading in futures as well. But I'm
  5319. 3:29:31talking if you're trading futures such
  5320. 3:29:33as
  5321. 3:29:35uh NASDAQ or like ENQ or ES, S&P 500,
  5322. 3:29:39these ones, oil, gold, these ones are
  5323. 3:29:42affected only by USD news. Now, if
  5324. 3:29:44you're trading something like, I don't
  5325. 3:29:45know, the what is it called the German
  5326. 3:29:47thing, then obviously European news
  5327. 3:29:49would affect. By the way, I trade
  5328. 3:29:51futures. I only care about the USD news.
  5329. 3:29:54Okay, we're going to talk about it more
  5330. 3:29:55in depth. Just give me a second. But for
  5331. 3:29:58now, that's what you care about. If
  5332. 3:29:59you're a futures trader, just focus on
  5333. 3:30:01USD news and don't care about the other
  5334. 3:30:03stuff.
  5335. 3:30:05Now, there is four types of news or not
  5336. 3:30:08types there. I don't it's not really
  5337. 3:30:10types. I wrote it types, but it's not
  5338. 3:30:12really types. But when you check on the
  5339. 3:30:14Forex factory which is the website I'm
  5340. 3:30:15going to show you right now there is
  5341. 3:30:18let's call it types for now. There's
  5342. 3:30:20four types of news. You have high impact
  5343. 3:30:22news. That means whenever the folder is
  5344. 3:30:25going to drop or whenever the news are
  5345. 3:30:27going to drop it's going to do high
  5346. 3:30:29impact on the market. These are usually
  5347. 3:30:31marked as red folders. Okay remember
  5348. 3:30:34high impact red folder. If they're
  5349. 3:30:37medium impact that means sometimes they
  5350. 3:30:38can be strong sometimes they're not.
  5351. 3:30:40They're orange folders. Then you have
  5352. 3:30:42low impact. These usually most of the
  5353. 3:30:44time don't do anything. Sometimes they
  5354. 3:30:46surprise you and do some big stuff, but
  5355. 3:30:48most of the time they don't. These are
  5356. 3:30:50yellow folder. And then you have flash
  5357. 3:30:52news. Flash news unfortunately we can't
  5358. 3:30:56do anything about it. Flash news is when
  5359. 3:30:58there is news that weren't expected to
  5360. 3:31:00happen and they just happen randomly.
  5361. 3:31:02Such as very common if Trump, for
  5362. 3:31:05example, makes a tweet on, you know, on
  5363. 3:31:07Twitter and he says something like, "Oh,
  5364. 3:31:10we're going to do this and that. I don't
  5365. 3:31:11want to get into politics but he says
  5366. 3:31:13something you know crazy tweet and he
  5367. 3:31:15says something political then you will
  5368. 3:31:19see impact on the markets and that's
  5369. 3:31:22something unpredictable because no one
  5370. 3:31:23knew that Trump would for example
  5371. 3:31:26post these news during this time and so
  5372. 3:31:29on. So that would be called flash news
  5373. 3:31:31and that's unfortunately something we
  5374. 3:31:33can't control. All right now where do
  5375. 3:31:36you find these red folders, orange
  5376. 3:31:37folders and yellow folders because now
  5377. 3:31:39you know okay if it's a red folder that
  5378. 3:31:42means it's going to do high impact. We
  5379. 3:31:44want to be far from that. I care about
  5380. 3:31:46only red folders by the way. I only care
  5381. 3:31:49in trading about the red folder. I don't
  5382. 3:31:51care if it's a orange folder or yellow
  5383. 3:31:53folder and flash news as I said we can't
  5384. 3:31:55predict it. We don't know it's going to
  5385. 3:31:56happen. So me orange folders, I don't
  5386. 3:31:59care about them. Medium impact, I don't
  5387. 3:32:01really care. Low impact, yellow folder,
  5388. 3:32:03they generally don't mean anything to
  5389. 3:32:05me. Only thing I care about is high
  5390. 3:32:07impact red folders. So whenever I see a
  5391. 3:32:09red folder, high impact news, I don't
  5392. 3:32:12want to be trading during these hours.
  5393. 3:32:14Okay?
  5394. 3:32:16So how do we spot these folders? Now I'm
  5395. 3:32:20going to tell you,
  5396. 3:32:22you come here, you write
  5397. 3:32:24forexfactory.com. That's all you got to
  5398. 3:32:26do. And that's where it's going to show
  5399. 3:32:28you the news. Now, you can change it
  5400. 3:32:30into your time zone here. You can just
  5401. 3:32:33change it to your time zone. I wrote to
  5402. 3:32:35just stumble randomly. And like you can
  5403. 3:32:38just literally do this. I don't know,
  5404. 3:32:40Ria, Sophia, whatever it is. Just
  5405. 3:32:43sometimes you're not going to find your
  5406. 3:32:44country and you just choose something
  5407. 3:32:47else. Okay. Now, how do you find the
  5408. 3:32:50news? Here you can see you have red
  5409. 3:32:52folders, orange folders, yellow folders,
  5410. 3:32:54gray folders, and all the currencies.
  5411. 3:32:57Boom.
  5412. 3:32:59So that's how the news would look like.
  5413. 3:33:01You see, again, red folders, they're
  5414. 3:33:05high impact. Oh, I mean, it says it
  5415. 3:33:07actually.
  5416. 3:33:09Funny. I didn't know this. Okay, now it
  5417. 3:33:11doesn't want to show it anymore.
  5418. 3:33:15All right. Red folders, they're high
  5419. 3:33:18impact. You see high impact news
  5420. 3:33:21expected, orange folder, medium impact
  5421. 3:33:24expected.
  5422. 3:33:25Yellow folder low impact expected and
  5423. 3:33:28then gray is just non-economic such as
  5424. 3:33:31bank holidays. That mean usually price
  5425. 3:33:33action is going to be slow. I also don't
  5426. 3:33:35care about it that much. So as I told
  5427. 3:33:37you, I don't care about the yellow and
  5428. 3:33:39the orange. So what I do is I just do
  5429. 3:33:41this doom. I like to see this sometimes
  5430. 3:33:45and then I press on apply. And now you
  5431. 3:33:47see it's just going to show me the red
  5432. 3:33:49folders in this case. Now here, if
  5433. 3:33:53you're a futures trader, just take off
  5434. 3:33:55everything. These ones, don't play
  5435. 3:33:56around with them. Leave them like they
  5436. 3:33:58are. These ones, if you're futures
  5437. 3:34:01trader, take all of them off and just
  5438. 3:34:03leave the USD. And it's just going to
  5439. 3:34:05show you the USD high impact news. And
  5440. 3:34:08it shows you what time it's going to
  5441. 3:34:10drop. So it's here. is telling me, okay,
  5442. 3:34:13at August 7, 3:30 p.m. USD news are
  5443. 3:34:17going to drop and it's going to be high
  5444. 3:34:18impact. So, here I'm not going to be
  5445. 3:34:21trading and I'm going tell you when to
  5446. 3:34:23avoid. So, you know, it's at 3:30
  5447. 3:34:26high impact news are going to drop. So,
  5448. 3:34:28most probably high impact in the market
  5449. 3:34:31is going to happen.
  5450. 3:34:33Now, if you are a forex trader, leave
  5451. 3:34:35the pairs that you care about. So, for
  5452. 3:34:37example, I trade USD. Okay, I'm going
  5453. 3:34:39check that. I trade JPY. I'mma check
  5454. 3:34:41that. GBP, Euro. I don't trade NZD, for
  5455. 3:34:44example. I'm not going to check that. I
  5456. 3:34:46don't trade CNY. I'm not going to check
  5457. 3:34:47that. CHF, I traded. CAD, I traded AD, I
  5458. 3:34:50traded. Okay. Apply filter. And now,
  5459. 3:34:52it's going to show me the red folders
  5460. 3:34:55for the ones I chose. Okay. So, it's
  5461. 3:34:57going to show me the news for CAD, for
  5462. 3:34:59USD, and so on. And here you can have a
  5463. 3:35:01filter from which day to which date. So,
  5464. 3:35:03let's say I'm going to have it in the
  5465. 3:35:04future. Boom. Okay. Okay, now it's going
  5466. 3:35:07to show me for this week. Today is
  5467. 3:35:09Monday. It's going to show me that
  5468. 3:35:12today, for example, there is no news.
  5469. 3:35:14That's great. Tomorrow is going to be
  5470. 3:35:16AUD news at 7:30 a.m. 8:30 a.m. and so
  5471. 3:35:20on. Okay. Wednesday is going to be 3:30
  5472. 3:35:23p.m. and it's going to be USD.
  5473. 3:35:27Thursday is going to be at 9:00 a.m. GBP
  5474. 3:35:29and then 3:30 is going to be UD
  5475. 3:35:34and so on. So, it's just pretty much
  5476. 3:35:36going to show you what time the news are
  5477. 3:35:39going to drop. And these are usually
  5478. 3:35:40accurate news. Okay?
  5479. 3:35:43And they're accurate pretty much with
  5480. 3:35:44the timing and all of that. So, how to
  5481. 3:35:46avoid trading news. All right? So, we're
  5482. 3:35:49going to do this example as if it's 3
  5483. 3:35:51p.m. Doesn't matter which time zone.
  5484. 3:35:54Let's say it's your time zone, you know,
  5485. 3:35:55like at the end of the day when you're
  5486. 3:35:56going to do it on Forex Factory, it's
  5487. 3:35:58going to be in your time zone. So, we're
  5488. 3:36:00going to do now how to avoid news. And
  5489. 3:36:03the example is if it's 3 pm your time. I
  5490. 3:36:06chose this time just randomly just so
  5491. 3:36:07you know when I'm explaining this, it's
  5492. 3:36:10going to be in your time zone, okay? Or
  5493. 3:36:12like according as if it was 3 p.m. cuz
  5494. 3:36:14there is like some days the news might
  5495. 3:36:16be at 3 p.m. 1:00 p.m. 12:00 a.m. You
  5496. 3:36:19know, you're going to always see it and
  5497. 3:36:21it depends on your time zone. So it's
  5498. 3:36:23almost impossible to choose actual real
  5499. 3:36:25time. So I just chose this random
  5500. 3:36:27example. Okay. Close any running trade
  5501. 3:36:2915 minutes before news. So, and by the
  5502. 3:36:31way, we're talking only about high
  5503. 3:36:33impact news, okay? We're not talking
  5504. 3:36:34about orange folders. We're not talking
  5505. 3:36:35about yellow folders. We're talking only
  5506. 3:36:37about red folders. So, if we see, okay,
  5507. 3:36:41today at 300 p.m. your time zone, there
  5508. 3:36:45is a red folder or high impact news. If
  5509. 3:36:49you're in a trade, let's say from, I
  5510. 3:36:50don't know, let's say 1:00 p.m. and now
  5511. 3:36:53it's 2:45,
  5512. 3:36:5515 minutes before news, you have to
  5513. 3:36:57close the trade regardless if you are in
  5514. 3:36:59profit or in draw down. So, close any
  5515. 3:37:02running trade, aka when I say running
  5516. 3:37:04trade, that means a trade that you took
  5517. 3:37:0615 minutes before news. Example, if
  5518. 3:37:09you're in a trade and now it's 2:45
  5519. 3:37:12because the news is at 3, right? Close
  5520. 3:37:14the trade 15 minutes before news
  5521. 3:37:18regardless if you are in profit or draw
  5522. 3:37:21down. So if you're in profit, if you're
  5523. 3:37:22in draw down, it doesn't matter. Close
  5524. 3:37:25the trade directly. All right? And it's
  5525. 3:37:28better to close the trade on some loss
  5526. 3:37:31rather than getting involved in news.
  5527. 3:37:34And I'm going explain to you why in a
  5528. 3:37:35second. Second thing, you can take new
  5529. 3:37:40trades 15 minutes after news. So after
  5530. 3:37:42the news happen
  5531. 3:37:4415 minutes then you can take new trades.
  5532. 3:37:47Example if you're in a trade and now
  5533. 3:37:49it's 3:15 you can start trading again.
  5534. 3:37:51Now me personally sometimes I like to
  5535. 3:37:54wait more than 15 minutes. It depends on
  5536. 3:37:57my market experience let's call it and I
  5537. 3:37:59see okay if the news is over or not if
  5538. 3:38:02it's still having impact or not. But 15
  5539. 3:38:04minutes you're in the safe zone. 30
  5540. 3:38:06minutes you're perfect. Okay. If you
  5541. 3:38:08could wait 30 minutes after news that
  5542. 3:38:09would even be better. But if you know if
  5543. 3:38:11you're feeling itchy then 15 minutes is
  5544. 3:38:14all right most of the cases.
  5545. 3:38:17And then avoid taking new trades one
  5546. 3:38:19hour before news. So example at 2 p.m.
  5547. 3:38:23if I see a trade I don't take new
  5548. 3:38:24trades. So from 2 p.m. to 3 p.m. in this
  5549. 3:38:27case I wouldn't take any new trades.
  5550. 3:38:28Why? Because I don't want to be forced
  5551. 3:38:30to close the trade. Because think about
  5552. 3:38:31it if you take the trade at 2 p.m. and
  5553. 3:38:34you have to close 15 minutes before news
  5554. 3:38:36technically you only got from 2 to 2:45.
  5555. 3:38:39So you got 45 minutes for the trade to
  5556. 3:38:41play out. I don't want to be forced to
  5557. 3:38:42close the trade. You know, that's why I
  5558. 3:38:45try to avoid trading 1 hour before news.
  5559. 3:38:47So if it's 2:15, I don't take the trade.
  5560. 3:38:502:30, I don't take the trade. 2:45, I
  5561. 3:38:52don't take the trade. 3, that's the
  5562. 3:38:55news. I don't take the trade. 3:15, I
  5563. 3:38:57take the trade. It's fine. So avoid
  5564. 3:38:59taking a trade 1 hour before news. So
  5565. 3:39:01very simple. 15 minutes before news,
  5566. 3:39:05close any trade regardless if you're in
  5567. 3:39:07profit or in draw down. You're only
  5568. 3:39:09allowed to take trades 15 minutes after
  5569. 3:39:11the news is done. And then 1 hour before
  5570. 3:39:15the news, try to avoid taking any new
  5571. 3:39:17trades. And that should be it. All
  5572. 3:39:19right. Now, you probably like, okay,
  5573. 3:39:21Omar, why have you been talking for the
  5574. 3:39:22last, I don't know, 20, 30 minutes about
  5575. 3:39:24news? I'm going explain to you reasons
  5576. 3:39:26to avoid trading news at all cost. So,
  5577. 3:39:29the way news happen is like this. I
  5578. 3:39:32don't know. Let's say
  5579. 3:39:35we're in an uptrend. LA. I haven't
  5580. 3:39:37talked about the NOIC strategy yet, so
  5581. 3:39:38I'm not going to give you a NOIC
  5582. 3:39:40example. And then boom. I'm like, okay,
  5583. 3:39:42let's just say for some reason you
  5584. 3:39:44decide to buy here and then you end up
  5585. 3:39:46buying. Whoa.
  5586. 3:39:52Let's say you buy something like this.
  5587. 3:39:54B.
  5588. 3:39:56And then let's say you're in a trade.
  5589. 3:39:58Okay, cool. And then price is going your
  5590. 3:40:01way and everything is nice. All right.
  5591. 3:40:03Cool, cool, cool. And you're close to
  5592. 3:40:05hitting TP and you're celebrating. Oh my
  5593. 3:40:07god, we're going to make how much money.
  5594. 3:40:09And then news come here. Let's say this
  5595. 3:40:11is news. And then look what news might
  5596. 3:40:14do. Might do something like this cuz
  5597. 3:40:17news impact is crazy. Like in one minute
  5598. 3:40:21price might go up, might go down. And
  5599. 3:40:23I'm talking not about any news. I'm
  5600. 3:40:25talking about
  5601. 3:40:27red folder specifically. And this move
  5602. 3:40:30right here, it's just going to break you
  5603. 3:40:34pretty much because it's not only going
  5604. 3:40:36to hit your stop loss and make you lose
  5605. 3:40:37money. No, sometimes it might not read
  5606. 3:40:39your stop loss. So, let's say you were
  5607. 3:40:41risking $100 on this trade. So, here you
  5608. 3:40:43said, "Okay, I'm if if I lose this
  5609. 3:40:45trade, I'm only going to be losing minus
  5610. 3:40:47100." Sometimes this high impact news,
  5611. 3:40:50what does it just goes crazy from here
  5612. 3:40:53to here that you might end up losing
  5613. 3:40:55more than 100. the price or your account
  5614. 3:40:58might read the loss here. So instead of
  5615. 3:41:01losing 100,
  5616. 3:41:03you would end up losing 300.
  5617. 3:41:07And then you would go and text your
  5618. 3:41:09broker or whoever you know your prop
  5619. 3:41:10firm or whatever is like, "Oh guys, I I
  5620. 3:41:14lost more than I risked. I I meant to
  5621. 3:41:16risk $100 only, but for some reason I
  5622. 3:41:19lost 300." They're going to tell you,
  5623. 3:41:20"Yo, we don't care. It's your It's your
  5624. 3:41:23fault.
  5625. 3:41:25we we can't do anything about it. Why
  5626. 3:41:26you trading news? You know what I mean?
  5627. 3:41:28So that's why try to avoid news at all
  5628. 3:41:30cost. Now this not always going to be
  5629. 3:41:32the case because sometimes the news
  5630. 3:41:34might do something like this, right?
  5631. 3:41:35Like sometimes it might save you and
  5632. 3:41:37then it does something like this and
  5633. 3:41:38actually they will end up giving you
  5634. 3:41:40more money cuz you should have made
  5635. 3:41:42let's say I don't know here
  5636. 3:41:4550 and they end up giving you $400.
  5637. 3:41:50So yes, it might happen. But this is not
  5638. 3:41:54trading then. This is just gambling.
  5639. 3:41:56Because any person who tells you, "Oh, I
  5640. 3:41:58can predict news." They're lying to you.
  5641. 3:42:01Only person who can actually predict
  5642. 3:42:02news is people with inside information,
  5643. 3:42:04people, market makers, banks, these can
  5644. 3:42:08predict what news are going to do. Us as
  5645. 3:42:10normal retail traders,
  5646. 3:42:13we cannot predict news. Okay? So, if
  5647. 3:42:15anyone is telling you yes, they're lying
  5648. 3:42:17to you. You need to have inside
  5649. 3:42:18information to be able to know what's
  5650. 3:42:19going to happen. Otherwise, they're just
  5651. 3:42:21gambling. So, if you're watching this
  5652. 3:42:24video and you're serious about trading,
  5653. 3:42:26I'm assuming you're not a gambler.
  5654. 3:42:27You're someone who's become trying to
  5655. 3:42:30educate themselves and they don't want
  5656. 3:42:31to be losing money. That's why don't
  5657. 3:42:34gamble and try to avoid news at all
  5658. 3:42:36costs. Okay? Like this is a a big big
  5659. 3:42:40big big rule that I have. No trading
  5660. 3:42:43news and I would stand 10 toes about
  5661. 3:42:46this. I wouldn't trade news at any cost
  5662. 3:42:49because this is gambling. It's not
  5663. 3:42:51trading. Okay, obviously this would hurt
  5664. 3:42:53when you're going to cut your loss here
  5665. 3:42:55and then you see it, oh, I could have
  5666. 3:42:57instead of losing, let's say, $50, I
  5667. 3:42:58could have made 400. But trust me,
  5668. 3:43:01losing 300 instead of 100 is going to
  5669. 3:43:03hurt your psychology more. So, better
  5670. 3:43:06off, you're better off not trading news
  5671. 3:43:08at all. All right, so that should be it
  5672. 3:43:10for the news. And I believe, if I'm not
  5673. 3:43:12mistaken, now we should actually move to
  5674. 3:43:14the strategy. So, that should be it. I'm
  5675. 3:43:17going to go take a quick break and I'm
  5676. 3:43:18going be back. But yeah, that's it for
  5677. 3:43:21news. Moral of the story, if you could
  5678. 3:43:24summarize everything I talk about news
  5679. 3:43:25in one sentence, what would you say
  5680. 3:43:28or in three words?
  5681. 3:43:30Don't trade news. Right. All right.
  5682. 3:43:32Let's keep going now. All right. All
  5683. 3:43:34right. So, now we get into the exciting
  5684. 3:43:36part. So, before I actually start
  5685. 3:43:38talking, I just want to say one thing
  5686. 3:43:40real, really real, real real quick. If
  5687. 3:43:42you've been watching until this part, I
  5688. 3:43:45genuinely want to congratulate you
  5689. 3:43:46because, bro, I don't know how long this
  5690. 3:43:49is going to be after editing and so on
  5691. 3:43:50because I've been recording for like six
  5692. 3:43:52hours. After editing, you probably been
  5693. 3:43:54watching for like four hours. So, hey,
  5694. 3:43:56that's an achievement in my opinion. You
  5695. 3:43:57might see as nothing important, but you
  5696. 3:44:00already achieved something great because
  5697. 3:44:02not a lot of people can actually sit
  5698. 3:44:04this far and actually watch. And if
  5699. 3:44:06you're one of these people who just skip
  5700. 3:44:08directly to this part to see the sauce,
  5701. 3:44:11bro, I'm going to be honest with you,
  5702. 3:44:15you're not going to understand anything.
  5703. 3:44:17[laughter]
  5704. 3:44:18As I said in the beginning of this
  5705. 3:44:19video, this course is programmed in a
  5706. 3:44:22way where you have to watch every single
  5707. 3:44:24part in order to be actually able to
  5708. 3:44:26understand. Because now if you start
  5709. 3:44:28here, you might be able to understand
  5710. 3:44:30the strategy because it's a simple
  5711. 3:44:31strategy, but you're going to be missing
  5712. 3:44:33out on all the other stuff such as you
  5713. 3:44:36know the market structure and so on
  5714. 3:44:37because as I said earlier, the way I
  5715. 3:44:39read market structure is completely
  5716. 3:44:41different from how you read it, how ICT
  5717. 3:44:43reads it and so on. So that's why you
  5718. 3:44:46have to watch the full thing. I would
  5719. 3:44:48rather right now you go back to the
  5720. 3:44:49beginning and watch it again at least
  5721. 3:44:51the market structure part rather than
  5722. 3:44:53watching this now seeing the whole
  5723. 3:44:55strategy and then you're going to be
  5724. 3:44:56confused once we start back testing and
  5725. 3:44:58you're going to like okay what is going
  5726. 3:45:00on and then you would rewatch that part
  5727. 3:45:01and then you're going to eventually end
  5728. 3:45:03up spending more time you know what I
  5729. 3:45:04mean so that's why I would rather you
  5730. 3:45:06actually follow the order I'm putting a
  5731. 3:45:08lot of work into this video not for you
  5732. 3:45:10guys to be skipping around right and
  5733. 3:45:12this is just trust me I'm not gaining
  5734. 3:45:13anything from this I genuinely mean it
  5735. 3:45:16it's better if you watch it in the order
  5736. 3:45:18that I organized the video. Even if you
  5737. 3:45:19know the strategy, it's still better to
  5738. 3:45:21watch it the way I did, especially
  5739. 3:45:23especially especially the market
  5740. 3:45:24structure. And plus, bro, let me be
  5741. 3:45:26honest with you. If you can't sit, I
  5742. 3:45:28don't know, let's say this video is
  5743. 3:45:29going to be six hours. If you can't sit
  5744. 3:45:31through 6 hours video, how are you, you
  5745. 3:45:36know, thinking about competing with
  5746. 3:45:38millionaires and billionaires even, you
  5747. 3:45:40know what I mean? This is the least
  5748. 3:45:43minimum you can do is watching if I
  5749. 3:45:44don't know five six hours video. That's
  5750. 3:45:46the bare minimum. I used to practice for
  5751. 3:45:49more than 20 30 hours every you know
  5752. 3:45:51every week until now I still practice
  5753. 3:45:53and do so. So why you expecting yourself
  5754. 3:45:55to be able to beat people way richer
  5755. 3:45:59than you.
  5756. 3:46:00I'm not going to say smarter cuz I don't
  5757. 3:46:02know if they're smarter than you or not
  5758. 3:46:03but very smart people that I can tell
  5759. 3:46:06you for sure. And then you don't want to
  5760. 3:46:08put the least work and watch a whole
  5761. 3:46:10four, five, six hours video. Like come
  5762. 3:46:12on, bro. You're better than this. All
  5763. 3:46:13right, so re go re-watch this. Start it
  5764. 3:46:16the proper way so that you can actually
  5765. 3:46:19understand everything. Now enough
  5766. 3:46:21yapping and let's get into it. I'm going
  5767. 3:46:23explain the noix strategy very simple
  5768. 3:46:25first and after that we're going to move
  5769. 3:46:27to the more advanced and more advanced
  5770. 3:46:29and more advanced stuff. Okay. So, first
  5771. 3:46:31is going to be the simple explain the
  5772. 3:46:33strategy really simple, you know, as if
  5773. 3:46:35I'm explaining it to my grandma and then
  5774. 3:46:37going to show you a couple of examples
  5775. 3:46:39and then we're going to dig into more
  5776. 3:46:41important stuff, more complicated stuff.
  5777. 3:46:44And after that, we going to be doing the
  5778. 3:46:47live back test. That's the most
  5779. 3:46:49important part. And it's going to be,
  5780. 3:46:50yes, it's going to be live back test.
  5781. 3:46:52So, we're going to go to a random bar
  5782. 3:46:53and start back testing from there with
  5783. 3:46:55no cuts, no edits, nothing. So focus
  5784. 3:46:58here so that you can actually understand
  5785. 3:46:59what's going on when we're live back
  5786. 3:47:01testing.
  5787. 3:47:03God damn it. All right, let's get it. So
  5788. 3:47:07this is the no strategy. Simple
  5789. 3:47:10explanation first. This is how a buy
  5790. 3:47:13perfect example would look like. Now in
  5791. 3:47:14real life, the market is going to not
  5792. 3:47:16going to look like this. Neither like
  5793. 3:47:18this. I'm going to show you how the
  5794. 3:47:19market's going to be looking like in
  5795. 3:47:20real life, but just give me a second. So
  5796. 3:47:23as you guys can see, we're in a clear
  5797. 3:47:25uptrend, right? So first step, okay, we
  5798. 3:47:29know number one, we an uptrend.
  5799. 3:47:34Perfect. Second step, we got a bullish
  5800. 3:47:38candle
  5801. 3:47:42with no bottom wick. So we got a bullish
  5802. 3:47:45noick candle. You can see here how it
  5803. 3:47:47doesn't have a bottom wick, right? It
  5804. 3:47:48has only a top wick but doesn't have a
  5805. 3:47:50bottom wick. This is the second thing we
  5806. 3:47:53know so far.
  5807. 3:47:55So in an uptrend second thing bullish no
  5808. 3:48:00candle. Now where is the most recent
  5809. 3:48:03higher low or actually no let's wait for
  5810. 3:48:05that. Now what we got to do is we have
  5811. 3:48:09to wait for price to come back to the
  5812. 3:48:10noi candles. So the way it works as I
  5813. 3:48:12said you can have it as set as alerts or
  5814. 3:48:15you can be watching the charts. It
  5815. 3:48:16doesn't matter. Okay. So you can have it
  5816. 3:48:18as alerts or you can watch the chart
  5817. 3:48:22regardless which one you do. Let's say
  5818. 3:48:23we got an alert. Okay, we we I'm sitting
  5819. 3:48:26I got an alert. Okay, bullish no candle
  5820. 3:48:29showed up. I see this. Perfect. Now I
  5821. 3:48:31don't take the trade immediately. No, we
  5822. 3:48:34have first thing I do is I mark up this
  5823. 3:48:37no candle like this just so you know I
  5824. 3:48:39keep you remember where it is. And then
  5825. 3:48:42after that you have to wait for price to
  5826. 3:48:46come back to this. So you don't you're
  5827. 3:48:49not going to enter directly after we
  5828. 3:48:51close. No, we're going to wait for price
  5829. 3:48:53to come back to the noick because
  5830. 3:48:55sometimes something like this might
  5831. 3:48:56happen first. We get another bullish
  5832. 3:48:58noick
  5833. 3:49:00and then price decides to come back to
  5834. 3:49:04the noick. All right. So regardless
  5835. 3:49:06whatever happens, we have to wait for
  5836. 3:49:09price to come back to the noick here.
  5837. 3:49:13Once price comes back to the noick,
  5838. 3:49:16right, that's when we got to enter the
  5839. 3:49:19buy. So let me repeat again. Price comes
  5840. 3:49:23back to the noick and that's when we
  5841. 3:49:25enter the buy. We don't enter buy
  5842. 3:49:26directly after the candle closes. No, we
  5843. 3:49:28wait for it to come back to the no. So
  5844. 3:49:30step number three,
  5845. 3:49:33wait for price to come back to the NOIC.
  5846. 3:49:41Step number four, in this case, enter
  5847. 3:49:44buy.
  5848. 3:49:47Right? Once price taps the noick, that's
  5849. 3:49:49when we enter the buy. Now, where do we
  5850. 3:49:51place our stop- loss? We simply place
  5851. 3:49:53our stop loss at the most recent higher
  5852. 3:49:56low. Now, where is the most recent
  5853. 3:49:57higher low? We do the snake method. You
  5854. 3:49:58remember you see how here we had the
  5855. 3:50:00break structure. So, this is this became
  5856. 3:50:03the confirmed higher low. That's when we
  5857. 3:50:06do the snake method. So, we do this, we
  5858. 3:50:08do the curve. Oop. All right. Perfect.
  5859. 3:50:11We found the most recent confirmed
  5860. 3:50:13higher low. So, we place our stop loss
  5861. 3:50:18stop loss
  5862. 3:50:20at the confirmed
  5863. 3:50:24higher low.
  5864. 3:50:26Now, we put our stop loss at the most
  5865. 3:50:29recent confirmed higher low, but we
  5866. 3:50:32don't put it like this. We have to give
  5867. 3:50:34it some breathing room. What do I mean
  5868. 3:50:35by breathing room? Some space. Now, why
  5869. 3:50:38am I doing this? Because sometimes price
  5870. 3:50:40tends to come here, hit the stop loss,
  5871. 3:50:42and then go and hit TP. And this is
  5872. 3:50:45usually called in ICT terms is called
  5873. 3:50:46liquidity grab. Now just to avoid that I
  5874. 3:50:48don't care about liquidity. You don't
  5875. 3:50:50have to care either. Now just to care
  5876. 3:50:52about all you got to be careful about is
  5877. 3:50:54leave some breathing room in case this
  5878. 3:50:56happens. I don't want you to be stopped
  5879. 3:50:57out. So stop loss at the most recent
  5880. 3:51:01confirmed higher low with some breathing
  5881. 3:51:06room. Now how much breathing room? We're
  5882. 3:51:08going to talk about it in a second. So
  5883. 3:51:10you give some breathing room. So here's
  5884. 3:51:12the most recent high low. some breathing
  5885. 3:51:14room and then take profit
  5886. 3:51:17fixed at one to one
  5887. 3:51:22six
  5888. 3:51:24take profit fixed
  5889. 3:51:27at one to one. All right. Now, can you
  5890. 3:51:32target more than one to one? Yes. But
  5891. 3:51:35how do we do that? We're going to talk
  5892. 3:51:36about it as well later on in this video.
  5893. 3:51:39So, these are the rules. But I
  5894. 3:51:41personally as Omar Omar Noic I trade it
  5895. 3:51:44at fixed one to one. Why is it fixed at
  5896. 3:51:46one to one? It's the easiest for the
  5897. 3:51:47psychology. Best win rate. And think
  5898. 3:51:51about it like this. All right.
  5899. 3:51:53Let's say you want to flip a coin. You
  5900. 3:51:56flip a coin. You you close your eyes.
  5901. 3:51:58You flip a coin. Whatever you Let's say
  5902. 3:52:00you choose heads. You get heads and then
  5903. 3:52:03you decide, okay, heads is buy and then
  5904. 3:52:06I don't know tail is sell. You flip the
  5905. 3:52:09coin. Boom. it lands on one of them.
  5906. 3:52:11You're not looking at the charts. You
  5907. 3:52:13enter buy or sell blindly. Okay? So, you
  5908. 3:52:15flip a coin. On one side says buy, on
  5909. 3:52:18the other side says sell. Regardless
  5910. 3:52:20what's going on the market, okay, cool.
  5911. 3:52:23We got the coin saying buy. What are
  5912. 3:52:27with one TP? What are the odds that you
  5913. 3:52:31hit take profit? In this case, it's
  5914. 3:52:3350/50, right? Because you have a 50%
  5915. 3:52:35chance that you hit TP. 50% chance that
  5916. 3:52:37you hit stop loss. Perfect. Now, let's
  5917. 3:52:41say on the coin we write, okay, you're
  5918. 3:52:45only allowed to trade with a trend. So,
  5919. 3:52:47you're only going to be trading with the
  5920. 3:52:48direction of the trend. Now, how much is
  5921. 3:52:51the how much does the win rate or the
  5922. 3:52:53odds become? You flip the coin, it
  5923. 3:52:56comes, okay, you're either going to
  5924. 3:52:58enter buy if it's a uptrend or you're
  5925. 3:53:01going to enter sell if it's a downtrend.
  5926. 3:53:03Now, the odds goes from 50 to around 60
  5927. 3:53:0565. Perfect. We add on on top of that
  5928. 3:53:09the noc now it becomes 7580 and then
  5929. 3:53:14we're going to add the other confluences
  5930. 3:53:15that we used which we're going to talk
  5931. 3:53:16about later it jumps from 80 to 85%. And
  5932. 3:53:20that's exactly how this strategy works.
  5933. 3:53:22So that's why I personally loved having
  5934. 3:53:25one to one fix that one to one
  5935. 3:53:29easy for the psychology. You don't have
  5936. 3:53:31to worry about it. It's fixed at the end
  5937. 3:53:33of the day. You after you take the
  5938. 3:53:35trade, you literally set and forget. You
  5939. 3:53:36don't have to do anything. You don't
  5940. 3:53:38have to worry about, you know, oh okay,
  5941. 3:53:41price came close to TP. Oh, price came
  5942. 3:53:43close to stop loss. You don't have to
  5943. 3:53:44worry none of none of that. You're going
  5944. 3:53:47to have a high win rate. Now, what does
  5945. 3:53:48high win rate mean? Means better
  5946. 3:53:50psychology. Why is it better psychology?
  5947. 3:53:52Because think about it like this. If you
  5948. 3:53:54end up
  5949. 3:53:56taking four wins, one loss. Four wins,
  5950. 3:53:59one loss. Four wins, one loss. Four
  5951. 3:54:00wins, one loss. What is going to happen
  5952. 3:54:02to your psychology? You're always going
  5953. 3:54:04to have a good psychology. Why? Because
  5954. 3:54:06you're always winning more than losing.
  5955. 3:54:08Now, yes, although the amount you're
  5956. 3:54:10winning and losing is the same, but at
  5957. 3:54:13least you're winning more often than
  5958. 3:54:14losing. Now, when you have a strategy
  5959. 3:54:16that's one to two, one to three,
  5960. 3:54:18realistically speaking, with a one to
  5961. 3:54:19three strategy, you're not even going to
  5962. 3:54:20have a 50% win rate. So, what's going to
  5963. 3:54:23happen to you is you're gonna win
  5964. 3:54:24sometimes or like win, you win big, then
  5965. 3:54:28you lose, lose, lose, lose, lose, then
  5966. 3:54:30you win big, then you lose, lose, lose,
  5967. 3:54:32lose, lose, then you win big, then you
  5968. 3:54:33lose lose, then you win, then you lose,
  5969. 3:54:34then you win, then you lose. And every
  5970. 3:54:36time you're winning, yes, you are
  5971. 3:54:38winning more money than you're losing.
  5972. 3:54:41But at the end of the day, your
  5973. 3:54:42psychology is going to get affected.
  5974. 3:54:43Why? Because when you look at your I
  5975. 3:54:45don't know MetaTrader or whatever you
  5976. 3:54:47look at trade locker or whatever it is
  5977. 3:54:49or your account you're going to see red
  5978. 3:54:50red then big green red red big green. I
  5979. 3:54:54don't like to do that. I prefer if I
  5980. 3:54:56have green green red green green red
  5981. 3:55:00green green green red. And that's
  5982. 3:55:02exactly how some of my students pass
  5983. 3:55:03their accounts with zero losses.
  5984. 3:55:05Actually I'mma put one of the
  5985. 3:55:06screenshots here or no let me put couple
  5986. 3:55:09of the screenshots. I'm going show you
  5987. 3:55:10because this doesn't happen once or
  5988. 3:55:12twice like this happens
  5989. 3:55:14on a weekly basis. So you see how many
  5990. 3:55:18people pass their accounts with not even
  5991. 3:55:19a single loss which is crazy. So that's
  5992. 3:55:22why I always stress on the fact that
  5993. 3:55:26it's better to have a high win rate
  5994. 3:55:29strategy even if you have sacrifice some
  5995. 3:55:31of your RR. Now as long as you don't go
  5996. 3:55:33less than one to one you're chilling.
  5997. 3:55:35And as I said earlier, we're gonna be
  5998. 3:55:37talking later on on how you can target
  5999. 3:55:39one to two and one to three if you would
  6000. 3:55:40like to do so if that's your trading
  6001. 3:55:42style. I'm not against it. I have some
  6002. 3:55:44students who go more than one to one,
  6003. 3:55:45but there's certain rules that we have
  6004. 3:55:47to follow in that case. Anyway, so just
  6005. 3:55:49to summarize this real quick. So very
  6006. 3:55:52easy and very simple. Whenever we are in
  6007. 3:55:56an uptrend, okay, check we got a bullish
  6008. 3:55:59candle with no bottom wick. Check. Wait
  6009. 3:56:03for price to come back to the noi
  6010. 3:56:04candle. I forgot to mention this
  6011. 3:56:06earlier. It has to be 10 candles max.
  6012. 3:56:08What do I mean by that? So after this
  6013. 3:56:11closes, perfect. Now if it comes back
  6014. 3:56:14directly, amazing. If it takes like
  6015. 3:56:16okay, it goes up let's say one more
  6016. 3:56:18candle and then it comes on the second
  6017. 3:56:19candle. Okay, that's great. If let's say
  6018. 3:56:22it takes boom boom on the third candle,
  6019. 3:56:24that's very good. On the f fourth
  6020. 3:56:27candle, all right, that's very good. On
  6021. 3:56:30the fifth candle, that's good. On the
  6022. 3:56:32sixth candle, that's like all right. On
  6023. 3:56:35the seventh candle, I'm like, uh, eighth
  6024. 3:56:37candle, I'm like, h, ninth candle, I'm
  6025. 3:56:39like, oh, please, come on, man. Hit it.
  6026. 3:56:42On the 10th candle, I'm like, bro, you
  6027. 3:56:44know what? Yo, it's either this one or
  6028. 3:56:47no. If it hits on the 10th, it's fine.
  6029. 3:56:50If it's on the 11th, I'm like, no, I
  6030. 3:56:51don't want to enter this trade anymore.
  6031. 3:56:52Then we cancel the buy limit. So, very
  6032. 3:56:55easy. Price has to come back within max
  6033. 3:56:5710 candle. So, one, fine. two. All
  6034. 3:57:01right. Three, four, five, six. Fine.
  6035. 3:57:04Until 10. 10th on the dot is all right
  6036. 3:57:06as well. Okay. And then
  6037. 3:57:11after we price comes back to the no
  6038. 3:57:13within the 10 candle, let's say it comes
  6039. 3:57:15on the one, second, third candle.
  6040. 3:57:18Perfect. We can enter the buy. So in
  6041. 3:57:20this case, we enter a buy. Check. Then
  6042. 3:57:22stop loss. Where do we put our stop
  6043. 3:57:24loss? At the most conf at the confirmed
  6044. 3:57:26higher low with some breathing room. So
  6045. 3:57:28the most recent higher low with some
  6046. 3:57:31breathing room and then take profit
  6047. 3:57:33fixed at 1:1. That's what we're talking
  6048. 3:57:35about now. The fixed take profit at one.
  6049. 3:57:37Obviously we could do more which we're
  6050. 3:57:39going to talk about later. And then
  6051. 3:57:40after that we can expect price to do
  6052. 3:57:42something like this and like this. All
  6053. 3:57:43right. Very easy, very straightforward,
  6054. 3:57:46very simple. Now let's do the same
  6055. 3:57:48example for the bearish example. And by
  6056. 3:57:50the way, this is how a perfect example
  6057. 3:57:53looks like. Obviously the charts are not
  6058. 3:57:55going to look something like this in
  6059. 3:57:56real life. And we're going to talk I'm
  6060. 3:57:57going to show you some examples on how
  6061. 3:57:59real example would look like. All right,
  6062. 3:58:02for the sell example, first thing we
  6063. 3:58:04need to be in a obviously not in an
  6064. 3:58:06uptrend in a downtrend.
  6065. 3:58:08Second thing, we need a bearish noick.
  6066. 3:58:14Third wing waits for price. After that,
  6067. 3:58:16we enter sell stop loss at the most
  6068. 3:58:18confirmed lower high
  6069. 3:58:21and then the rest is the same. So for
  6070. 3:58:24the sell example, we need to be in a
  6071. 3:58:25downtrend. All right. Is this a
  6072. 3:58:27downtrend? Yes, it is. Check.
  6073. 3:58:30We need to have a bearish no candle.
  6074. 3:58:33Perfect. We got a bearish no candle.
  6075. 3:58:35Check. Wait for price come back to the
  6076. 3:58:37noick within max 10 candles. Right. One.
  6077. 3:58:40Let's say it goes two, three, four,
  6078. 3:58:42fifth candle. Right. Perfect. Now we can
  6079. 3:58:45enter the cell once price comes back to
  6080. 3:58:47the noick. Now most of the time you're
  6081. 3:58:49going to see this. Most of the time it's
  6082. 3:58:50going to come back within one or two
  6083. 3:58:52candles. But sometimes price likes to
  6084. 3:58:54play around. Let's say price came back
  6085. 3:58:55within the first candle. Check. What do
  6086. 3:58:58we do in this case? We enter a sell.
  6087. 3:59:00Check. Stop loss at the confirmed lower
  6088. 3:59:04high with some breathing room. Where's
  6089. 3:59:05the most recent lower high? Here it is.
  6090. 3:59:08Get some breathing room. Perfect. And
  6091. 3:59:10then take profit fixed at 1:1.
  6092. 3:59:15So we make take profit at 1:1. Boom. And
  6093. 3:59:18then we can expect something like like
  6094. 3:59:21this. Now obviously it's not going to be
  6095. 3:59:22always the case. Sometimes price might
  6096. 3:59:24do something like I don't know something
  6097. 3:59:26like this like this. Sometimes price
  6098. 3:59:28might go and hit stop loss. Sometimes
  6099. 3:59:31price might tap take some time and then
  6100. 3:59:32hit TP. Sometimes price might come close
  6101. 3:59:35to the stop loss then hit TP. Sometimes
  6102. 3:59:38price might tease the stop loss then
  6103. 3:59:39tease the TP then hit stop loss. So you
  6104. 3:59:42know like it's not always going to be
  6105. 3:59:43like oh we tap boom. No. Most of the
  6106. 3:59:46time it is like this but it's not like a
  6107. 3:59:48fixed rule. It doesn't have to do this
  6108. 3:59:50and this. No, it doesn't have to. Now,
  6109. 3:59:53that's how a perfect example would look
  6110. 3:59:55like. I wish all the trades would look
  6111. 3:59:56like this, but now this is a more
  6112. 3:59:58realistic example. So, same concept
  6113. 4:00:00here, right? Just I want to show you how
  6114. 4:00:03the real charts would look like. Now,
  6115. 4:00:05are we in uptrend? Now, obviously, if
  6116. 4:00:06you look at it in a first, you know,
  6117. 4:00:08like in one second, you'll be able to
  6118. 4:00:09say yes. And same thing here, you'll be
  6119. 4:00:11able to say we're in a downtrend. But I
  6120. 4:00:13want you to actually read the market
  6121. 4:00:15structure. Now, if you haven't watched
  6122. 4:00:16this whole course from the beginning,
  6123. 4:00:18that's where I said you're not going to
  6124. 4:00:19be able to understand what we're talking
  6125. 4:00:20about. Anyway, so I have a low, high,
  6126. 4:00:23higher low, higher high. Perfect. So,
  6127. 4:00:26this is a breaker structure, right? Now,
  6128. 4:00:29you're like, wait, what breaker
  6129. 4:00:31structure? ICT teaches me break
  6130. 4:00:32structure as when we switching the
  6131. 4:00:34trend. Well, I'm not ICT, right? If
  6132. 4:00:36you're confused, go rewatch this course
  6133. 4:00:39because that mean this if you don't know
  6134. 4:00:40why this is the break structure. This
  6135. 4:00:41shows me that you haven't watched the
  6136. 4:00:43full course yet from the beginning. At
  6137. 4:00:44least the market structure part. So this
  6138. 4:00:47is a low higher low higher high.
  6139. 4:00:49Perfect. This becomes a higher low.
  6140. 4:00:53This becomes a higher high. Amazing.
  6141. 4:00:57Boom. Boom. This is internal structure.
  6142. 4:01:01Oh, here we got a new break of
  6143. 4:01:03structure.
  6144. 4:01:04Perfect.
  6145. 4:01:06We do this template bullish break
  6146. 4:01:09structure. Now, where is the most recent
  6147. 4:01:11higher low? Let's do the stink method.
  6148. 4:01:13Whoop.
  6149. 4:01:15All right. We found the most recent
  6150. 4:01:16higher low. So, this becomes the most
  6151. 4:01:18recent higher low.
  6152. 4:01:22Boom. Boom. All right. Anything in
  6153. 4:01:23between we don't care about. Nice. Oh,
  6154. 4:01:26here we got a new higher low. Let's say
  6155. 4:01:28this was like this. Perfect. Sorry. Here
  6156. 4:01:30we got a new breaker structure. So, we
  6157. 4:01:32got a new breaker structure.
  6158. 4:01:35Now, where is the most recent higher
  6159. 4:01:37low? You do the snake method.
  6160. 4:01:41Oh, all right. I found the most recent
  6161. 4:01:43higher low. So, this right here becomes
  6162. 4:01:44the most recent higher low.
  6163. 4:01:48This became a higher high. Now, this is
  6164. 4:01:51the higher high. Okay. Now, if you don't
  6165. 4:01:54know why this is the higher low, not
  6166. 4:01:56this higher low, re-watch the market
  6167. 4:01:57structure part again. Now, let's see if
  6168. 4:02:01this bullish no is valid or not. Let's
  6169. 4:02:04see the rules. We in uptrend. Are we in
  6170. 4:02:06uptrend? Yes, we are. Check. Second
  6171. 4:02:09thing, bullish noi candle. Yes, we got a
  6172. 4:02:12bullish noi candle. Great.
  6173. 4:02:15Let me just delete these blue lines. We
  6174. 4:02:17got a bullish noey candle. Perfect.
  6175. 4:02:20Third thing, wait for price to come back
  6176. 4:02:21to the noi candle within max 10 candles.
  6177. 4:02:24Let's say it came back on the first
  6178. 4:02:25candle. Boom. Price tab the no. Perfect.
  6179. 4:02:28What's the next step? Buy, right? I got
  6180. 4:02:30you. I'm going buy.
  6181. 4:02:33Then we both All right.
  6182. 4:02:36Stop loss at the confirmed higher low
  6183. 4:02:38with some breathing room. All right.
  6184. 4:02:39Stop loss at the most recent higher low
  6185. 4:02:41with some breathing room. Nice.
  6186. 4:02:45Take profit fixed at one. Take profit
  6187. 4:02:49fixed at one:1. And then we can expect
  6188. 4:02:52price to do something like this and like
  6189. 4:02:54this. Okay. Obviously, we could hit stop
  6190. 4:02:57loss as well. It's fine. But at least
  6191. 4:02:59you know eight out of 10 times you're
  6192. 4:03:00going to hit take profit.
  6193. 4:03:03That's it. Now, same example for the
  6194. 4:03:06cell. I'm going to go over a bit
  6195. 4:03:07quicker. So, let's get it. We have a
  6196. 4:03:10high, low, lower high, lower low. So,
  6197. 4:03:12here we have the breaker structure. This
  6198. 4:03:14is the lower high. This is the lower
  6199. 4:03:15low. Anything in between we don't care
  6200. 4:03:17about. And then we got a new breaker
  6201. 4:03:19structure here. So, this became the
  6202. 4:03:21lower high. This became the lower low.
  6203. 4:03:23Perfect. Anything in between we don't
  6204. 4:03:25care about. Oh, here we got breaker
  6205. 4:03:26structure. This became the lower high.
  6206. 4:03:28This became the lower low. Perfect.
  6207. 4:03:31And then let me just do this because
  6208. 4:03:34don't get confused.
  6209. 4:03:36And then here we got a new breaker
  6210. 4:03:38structure.
  6211. 4:03:40Perfect. So this became the most recent
  6212. 4:03:43lower low.
  6213. 4:03:45This became the breaker structure.
  6214. 4:03:48Now where is the most recent lower high?
  6215. 4:03:50We do the snake method. Boom. Whoop.
  6216. 4:03:53Right. Found the most recent lower high.
  6217. 4:03:57That's it.
  6218. 4:03:59Now we wait for price to come back to
  6219. 4:04:01the noick. Let's say it came back here.
  6220. 4:04:03Perfect. We enter the cell stop loss at
  6221. 4:04:07the most recent lower high with some
  6222. 4:04:08breathing room and take profit fix one
  6223. 4:04:11to one and then we can expect price to
  6224. 4:04:13do something like this. All right, very
  6225. 4:04:15easy, very simple. Don't over complicate
  6226. 4:04:18it. Now let's have a look at some
  6227. 4:04:21examples on the charts. Now obviously
  6228. 4:04:23obviously obviously I know the results
  6229. 4:04:25of what happened here cuz I chose these
  6230. 4:04:27examples. But in real life, what's going
  6231. 4:04:29to happen is you going to be able sorry
  6232. 4:04:33after this we're going to do after we
  6233. 4:04:34explain the strategy fully, I'm going to
  6234. 4:04:36do a live back test. So I'm going to go
  6235. 4:04:38on a random bar and show you the trades
  6236. 4:04:40before even without me seeing them just
  6237. 4:04:42so you know. Like most people I never
  6238. 4:04:44seen a single trader doing this online.
  6239. 4:04:46That's why I'm confident in my strategy.
  6240. 4:04:48That's why I'm I don't mind doing it.
  6241. 4:04:50Most people are scared to do it. That's
  6242. 4:04:52not me. I don't care. I show results
  6243. 4:04:54live because I know what strategy I got.
  6244. 4:04:57And when I say something, I mean it. All
  6245. 4:04:59right. So, as you can see here, we have
  6246. 4:05:02a low, high, higher low, higher high,
  6247. 4:05:04higher low, higher high, higher low,
  6248. 4:05:06higher high. Perfect. And spot these
  6249. 4:05:09noick candles. All you got to do is
  6250. 4:05:11write Omar Noick. And the indicator is
  6251. 4:05:15for free. This one, Omar Noick, it's
  6252. 4:05:17completely for free.
  6253. 4:05:20It's not going to show you the market
  6254. 4:05:21structure because that's exclusive for
  6255. 4:05:23the community. But the no candles and so
  6256. 4:05:26on is for free. All right. So, we got
  6257. 4:05:31we're in a clear uptrend and then we got
  6258. 4:05:33a bullish candle with no bottom wick.
  6259. 4:05:36What do we do now? We wait for price to
  6260. 4:05:39come back to the noick. All right, let's
  6261. 4:05:41see.
  6262. 4:05:43All right. Amazing. Price came back to
  6263. 4:05:44the noick. So, one, two, three, four,
  6264. 4:05:47five, six candles. Yes, that's allowed.
  6265. 4:05:50That's when I enter the buy stop loss at
  6266. 4:05:53the most recent higher low with some
  6267. 4:05:55breathing room and then take profit fix
  6268. 4:05:58that one to one. All right. Now, you
  6269. 4:06:00you're going to be like, "Okay, Omar,
  6270. 4:06:01but we got a no against us. What do we
  6271. 4:06:03do in this case?" I'm going to talk
  6272. 4:06:05about that later on because that's a bit
  6273. 4:06:06advanced about how to handle if we get a
  6274. 4:06:09no against us and so on. Anyway, we
  6275. 4:06:12entered the buy stop loss at the higher
  6276. 4:06:14low TP1 121 and now you literally just
  6277. 4:06:18set and forget and you can see how nice
  6278. 4:06:20it played out. All right.
  6279. 4:06:23Literally amazing. We could have called
  6280. 4:06:26one to one I don't know one to almost
  6281. 4:06:30one to three but I still trade only one
  6282. 4:06:34to one. All right,
  6283. 4:06:36next trade. Same concept. We have a high
  6284. 4:06:40low, lower high, lower low, lower high,
  6285. 4:06:43lower low. All right, then we got a
  6286. 4:06:45bearish candle with no top wick. What do
  6287. 4:06:48we do now? We wait for price to come
  6288. 4:06:50back to the noick. It did within one
  6289. 4:06:52candle. Perfect. We enter the cell, stop
  6290. 4:06:56loss at the most recent lower high and
  6291. 4:06:58take profit at 1:1. Okay. Now for the
  6292. 4:07:01stop loss NTP we use the wicks
  6293. 4:07:05you see because we have a bearish candle
  6294. 4:07:07bullish candle that's why we use the
  6295. 4:07:08wick here now for change of character
  6296. 4:07:10and break structure we use the body
  6297. 4:07:12because I know a lot of people would get
  6298. 4:07:14confused about this so change of
  6299. 4:07:16character and break structure we use the
  6300. 4:07:17body stop loss and TP or stop loss in
  6301. 4:07:20general we just we use the wick instead
  6302. 4:07:22of the body okay and then TP at one
  6303. 4:07:26after that we just set and forget and
  6304. 4:07:29you can see how nice it played out,
  6305. 4:07:31right? Because I've literally caught, I
  6306. 4:07:32don't know, one, two, one, two, three so
  6307. 4:07:34far.
  6308. 4:07:36But again, I just do one, two, one. You
  6309. 4:07:40see how simple it is. Now, when we do
  6310. 4:07:43the live backs, you're going to see it
  6311. 4:07:44in front of your eyes as well. Now, this
  6312. 4:07:46is on futures. This is on MQ. So, the
  6313. 4:07:48ones I showed you before were on Kadip
  6314. 4:07:50Y, so forex. And now, this example is on
  6315. 4:07:52MQ. This is on the 5 minutes.
  6316. 4:07:56Um, let's start from here. Here we have
  6317. 4:07:58a low high, higher low, higher high,
  6318. 4:08:00higher low, higher high, higher low,
  6319. 4:08:01higher high, higher low, higher high,
  6320. 4:08:03higher low, higher high. And then we got
  6321. 4:08:07a bullish candle with no bottom.
  6322. 4:08:09Perfect. Let's mark it up. Let's say I'm
  6323. 4:08:11sitting. Let's start it from here.
  6324. 4:08:14I'm sitting on my phone. I don't know.
  6325. 4:08:16I'm texting someone. I'm texting my my
  6326. 4:08:18shi. I'm playing. I'm playing. I'm
  6327. 4:08:20playing. Okay, Omar, get serious. I'm
  6328. 4:08:22texting my mama. Texting my mom. Yeah,
  6329. 4:08:25when I say my mom, no one can hate. I'm
  6330. 4:08:27texting my mom. I'm telling her how much
  6331. 4:08:29I love her. Like, mom, don't worry about
  6332. 4:08:32everything. I got you. I love you so
  6333. 4:08:34much. Just take care of yourself. You
  6334. 4:08:37know, you don't have to work anymore.
  6335. 4:08:39Yes. Yes. Yes. Don't worry. I'm watching
  6336. 4:08:42Omar Noak. He is teaching me how to
  6337. 4:08:43trade. I'm going to make trading work,
  6338. 4:08:46get payouts, and I'm going to retire
  6339. 4:08:47your mom. And why are you texting her
  6340. 4:08:49that?
  6341. 4:08:52What happened here?
  6342. 4:09:00Is it bugging?
  6343. 4:09:03All right. Yeah, it was bugging. It was
  6344. 4:09:05bugging. All right. So, why are you
  6345. 4:09:06texting on your phone or Oh, actually, I
  6346. 4:09:08was texting. So, while I'm texting on my
  6347. 4:09:09phone, I'm texting my lovely mama. I get
  6348. 4:09:12a notification, an alert, and no showed
  6349. 4:09:15up with no bottom. I'm like, "Mama, give
  6350. 4:09:17me two minutes. I got to make some
  6351. 4:09:18money." I go on Trading View. I look at
  6352. 4:09:21the market. I see We're in a clear
  6353. 4:09:24uptrend and then we got a bullish candle
  6354. 4:09:26with no bottom. I'm like, yo, that's
  6355. 4:09:28sick. I'm like, all right, cool. I'm
  6356. 4:09:31calling my boys telling them, "Yo,
  6357. 4:09:34we got a bullish noick in an uptrend.
  6358. 4:09:39Let's wait for price to come back to the
  6359. 4:09:40no." Price comes back to the no.
  6360. 4:09:43Everyone is hyped. We're like, "Yo,
  6361. 4:09:44let's go. Let's get it." Now, we enter
  6362. 4:09:46the bias.
  6363. 4:09:47Where do we place our stop loss? At the
  6364. 4:09:49most recent higher low. Some breathing
  6365. 4:09:51room. take profit one to one and then
  6366. 4:09:55after that we just set and forget and
  6367. 4:09:58voila right now you see how here we play
  6368. 4:10:02played out perfectly we hit TP
  6369. 4:10:05maybe 1.3 we hit TP and then I don't
  6370. 4:10:09know the rest is history but you see now
  6371. 4:10:11you might be like okay Omar how did you
  6372. 4:10:12predict it's going to hit take profit
  6373. 4:10:14here exactly on the dot well I didn't I
  6374. 4:10:17just followed the rules stop loss at the
  6375. 4:10:19higher low breathing room TP1 to1 and
  6376. 4:10:22that's That's it. Now, could it have
  6377. 4:10:26came close to the TP and stop us? Yes,
  6378. 4:10:28it will happen as well. All right. So,
  6379. 4:10:32you can see how nice it played out. Now,
  6380. 4:10:35before we move on, I just want to let
  6381. 4:10:36you know this TPS stop losses are part
  6382. 4:10:40of the game. All right, just you like I
  6383. 4:10:42just now showed you some wins, but just
  6384. 4:10:44so you know, the strategy will also have
  6385. 4:10:46losing trades and that's normal. Now,
  6386. 4:10:48this was cherrypicked, but because at
  6387. 4:10:50the end of the video, we're gonna do
  6388. 4:10:51some live back testing, and you're gonna
  6389. 4:10:54see how the strategy works actually when
  6390. 4:10:56we go to random bars. So, you don't be
  6391. 4:10:57like, "Oh, Omar, you're cherrypicking."
  6392. 4:10:59Yes, these were cherrypicked just for
  6393. 4:11:01educational purposes. But in real, like
  6394. 4:11:03when we back this, you're going to see
  6395. 4:11:04the losses and the wins, right? Because
  6396. 4:11:06I believe you're also going to be able
  6397. 4:11:08to learn a lot from the losses as well.
  6398. 4:11:11So, I don't want to, you know, skip any
  6399. 4:11:14losses. losses will teach you actually
  6400. 4:11:16more than even the wins because you will
  6401. 4:11:17know what didn't work out rather than
  6402. 4:11:20what actually only works out.
  6403. 4:11:23So [sighs] yeah, now let's move to best
  6404. 4:11:26pairs and contracts. So which pairs and
  6405. 4:11:28contracts should you be trading the
  6406. 4:11:29strategy on? So on forex you should be
  6407. 4:11:32trading these pairs right now before I
  6408. 4:11:34tell you the pairs. I mean they're
  6409. 4:11:36already here. the on forex this strategy
  6410. 4:11:39works on all currency pairs right GBPUSD
  6411. 4:11:43USD JPYU USD AUD/USD
  6412. 4:11:46uh everything now obviously some
  6413. 4:11:50currency pairs have higher win rate than
  6414. 4:11:52other currency pairs right that's why
  6415. 4:11:53I'm going to give you the rank of them
  6416. 4:11:55in certain order and you get to choose
  6417. 4:11:58whichever pairs you want to be trading
  6418. 4:12:00so the best five Forex pairs are these
  6419. 4:12:03ones and these are the ones I've back
  6420. 4:12:05tested more than 10 years some of them
  6421. 4:12:07back for more than 20 years. Cal JPY,
  6422. 4:12:10USD CHF, USD JPY, AUDUSD, GBPUSD.
  6423. 4:12:15So these are my five main pairs. So
  6424. 4:12:18every day when I wake up and I'm looking
  6425. 4:12:19at the charts, these are the main five
  6426. 4:12:21pairs I look at. Now my secondary forex
  6427. 4:12:24pairs are AD CAD, USD CAD, AUD JPY, GBP
  6428. 4:12:28JPY, and EUSD.
  6429. 4:12:30These are the pairs I look at if I don't
  6430. 4:12:33see any trades here. Now, cuz this
  6431. 4:12:36question I get asked so often, every day
  6432. 4:12:39pretty much on IG, I see people ask me
  6433. 4:12:41about this. Which pairs should I be
  6434. 4:12:44trading or how many pairs should I be
  6435. 4:12:45trading? It's up to you, right?
  6436. 4:12:48You can trade. Some of my students trade
  6437. 4:12:50one pair only and that's it. Some
  6438. 4:12:52students trade two pairs and that's it.
  6439. 4:12:54Some people trade five pairs. Some
  6440. 4:12:56people trade 10 pairs. It's up to you.
  6441. 4:12:58Now, if you can look, cuz the more pairs
  6442. 4:13:01you have, the more opportunities you
  6443. 4:13:03have, the higher chance you're going to
  6444. 4:13:05be able to catch the good setups. Now,
  6445. 4:13:07once you learn what's a good setup and
  6446. 4:13:08the difference between a good setup and
  6447. 4:13:10a valid setup, you're going to
  6448. 4:13:10understand what I mean. The more pairs
  6449. 4:13:12there is, the higher the chance that
  6450. 4:13:14you're going to find only clean setups,
  6451. 4:13:16and you're going to be taking A+ setups,
  6452. 4:13:17which we're going to talk about soon.
  6453. 4:13:20The fewer these pairs are, the less A
  6454. 4:13:22setups you're going to be able to see.
  6455. 4:13:24But if you have a problem with
  6456. 4:13:26controlling how many trades you take per
  6457. 4:13:28day, stick to the best five pairs,
  6458. 4:13:31right? Cuz if you can't stick to taking
  6459. 4:13:34one, two trades a day, stick to the best
  6460. 4:13:37five pairs and that's it. Okay? But if
  6461. 4:13:39you don't have a problem and you can
  6462. 4:13:40still stick to one, two trades, even if
  6463. 4:13:42you see 10 trades a day, then you can
  6464. 4:13:44trade all of them. So which one do you
  6465. 4:13:46prefer? It's up to you. Now, I can't
  6466. 4:13:48give you a pure answer on that unless if
  6467. 4:13:51you were my student because when I have
  6468. 4:13:53my students, I talk to them. I see how
  6469. 4:13:54their psychology is and then I tell
  6470. 4:13:56them, "Okay, you should be doing this.
  6471. 4:13:58You should be doing that and so on." But
  6472. 4:14:00I don't know your psychology. That's why
  6473. 4:14:01I'm not going to be able to give you
  6474. 4:14:02this advice right now. That's why I'm
  6475. 4:14:05going leave it based on personal
  6476. 4:14:07preference. You get to choose how many
  6477. 4:14:09pairs you want to trade. If you want to
  6478. 4:14:10stick to the best two, cool. Best three,
  6479. 4:14:13cool. Best five, cool. You want to have
  6480. 4:14:15all of them? Cool. I have some students
  6481. 4:14:16who even have more than 10 pairs. Adora,
  6482. 4:14:18for example, she trades, I don't know,
  6483. 4:14:2020 pairs, cool. It works for her. Good
  6484. 4:14:22for her.
  6485. 4:14:24Now that one rule I'm going to tell you
  6486. 4:14:26about in a second. It's going to be
  6487. 4:14:27here. Now for futures you can trade ESU,
  6488. 4:14:30MESU, NQ, MNQ and oil. Also you can
  6489. 4:14:34trade copper, you can trade corn,
  6490. 4:14:38[laughter]
  6491. 4:14:38you can trade gold, silver, whatever you
  6492. 4:14:41want. All right now you might be like
  6493. 4:14:43Omar but why are you saying ES and me?
  6494. 4:14:46Aren't they the same? Why NQ and MQ
  6495. 4:14:48aren't the same? I'm going explain to
  6496. 4:14:50you in a second. So, these are the main
  6497. 4:14:52ones I personally love. ES MEES, NQ,
  6498. 4:14:56MNQ, and oil. You could stick to one or
  6499. 4:14:58two of them if it's up to you. And but
  6500. 4:15:00I'm going to tell you why I have both of
  6501. 4:15:02them. I know they're the same, but I'm
  6502. 4:15:03going to tell you why I have both of
  6503. 4:15:04them. And
  6504. 4:15:07what else? What else? What else? I don't
  6505. 4:15:10really recommend going more than these
  6506. 4:15:12right here. You could go for copper and
  6507. 4:15:16what is it called? And corn, but I'm not
  6508. 4:15:18a big fan of these. Now there's one more
  6509. 4:15:20thing I want to add here. Although you
  6510. 4:15:23remember the forex pairs I just told you
  6511. 4:15:25these ones you could trade them on
  6512. 4:15:27futures proper as well. This is
  6513. 4:15:29possible. All right. So it is possible
  6514. 4:15:31to trade forex pairs, forex currency
  6515. 4:15:34pairs on futures. Yes, you can do that
  6516. 4:15:37and vice versa. Yes, you can trade
  6517. 4:15:38NASDAQ on forex. I know I don't know why
  6518. 4:15:41most people don't know this but it it is
  6519. 4:15:44possible to trade currency pairs on
  6520. 4:15:46futures and it is possible to trade
  6521. 4:15:49NASDAQ and S&P 500 on forex as well.
  6522. 4:15:52Same thing for oil, same thing for gold.
  6523. 4:15:54You can trade on both. All right, just
  6524. 4:15:55so you know that I just want to make
  6525. 4:15:57this clear. Now let's start with the
  6526. 4:15:59wonder rule. What is the wonder rule?
  6527. 4:16:02And please focus because I get asked
  6528. 4:16:04about this pretty pretty pretty often.
  6529. 4:16:07That wonder
  6530. 4:16:11whenever you want to see these these
  6531. 4:16:14pairs always when you add them to your
  6532. 4:16:17watch list they have to be a wonder
  6533. 4:16:20right so let's say you want to look at
  6534. 4:16:22CAD JPY
  6535. 4:16:24boom it has to be a wonder as a broker
  6536. 4:16:27now focus you don't have to trade on a
  6537. 4:16:31okay it doesn't have to and if anyone
  6538. 4:16:34ask me about this I'm never answering
  6539. 4:16:36the question all Right? I'm never cuz
  6540. 4:16:37I'm genuinely tired of how many times I
  6541. 4:16:39get asked this question. Whenever you
  6542. 4:16:41analyze on the charts that on Trading
  6543. 4:16:44View, just choose a wonder. You don't
  6544. 4:16:46need to have a wonder as a broker. I
  6545. 4:16:48don't care if you're trading live
  6546. 4:16:49account or funded account. Doesn't
  6547. 4:16:51matter. Just when you analyze on the
  6548. 4:16:53charts, let it be awk
  6549. 4:17:02[snorts]
  6550. 4:17:03someone someone's going to come and ask
  6551. 4:17:04me about this later on.
  6552. 4:17:06Look at the difference. Okay, this is a
  6553. 4:17:08wonder. This is FXM.
  6554. 4:17:11Let's say this. You see the noix here.
  6555. 4:17:14Let's say this no for example. This is
  6556. 4:17:16on a
  6557. 4:17:20on FXM. There is no noick here. It it
  6558. 4:17:23has a wick. Now look at the difference.
  6559. 4:17:26You see?
  6560. 4:17:28Look at the charts here. Here's there is
  6561. 4:17:30a no wick. Here there is no noick. The
  6562. 4:17:33noick is here. Here it's not.
  6563. 4:17:37Look at this. You see here there is no
  6564. 4:17:39no wick. Oh here there is a noick. You
  6565. 4:17:43see what I mean? So sometimes the charts
  6566. 4:17:45are going to be bit different slightly
  6567. 4:17:47different between a wonder and what was
  6568. 4:17:51it called the second one FXM for example
  6569. 4:17:54or any other charts. That's why just so
  6570. 4:17:56we because when I back tested the
  6571. 4:17:58strategy I back tested it on. That's why
  6572. 4:18:00whenever you analyze, analyze on. Okay?
  6573. 4:18:03Don't look at your Metatrader. I don't
  6574. 4:18:05care what your Metatrader says. Even if
  6575. 4:18:07there is a wick on Metatrader, I don't
  6576. 4:18:09care. Okay? Just look at let's say you
  6577. 4:18:12see this on you want to take the trade.
  6578. 4:18:14Cool. Go on MT5 and take the trade. Copy
  6579. 4:18:18paste the numbers for your stop loss
  6580. 4:18:19MTP. I don't care if your Metatrader
  6581. 4:18:22says there is a wick. I don't care what
  6582. 4:18:25happens there. All I care about is
  6583. 4:18:27Trading View. That's it. Trading View on
  6584. 4:18:30that's where you analyze even if you
  6585. 4:18:32don't have a wonder as your broker even
  6586. 4:18:34if you don't have a wonder as your
  6587. 4:18:37anything I don't care okay just analyze
  6588. 4:18:39on and that's it please please please
  6589. 4:18:41and don't ask me about this
  6590. 4:18:44[sighs] now same exact concept for
  6591. 4:18:46futures but for the CME rule now same
  6592. 4:18:49exact concept whenever you add this
  6593. 4:18:51let's say you want to add NQ you just
  6594. 4:18:54write NQ
  6595. 4:18:56one and here you're going to find it CME
  6596. 4:18:59And that's it. Okay. Or MQ for example.
  6597. 4:19:03MQU. Here you go. You see? Just right.
  6598. 4:19:08NQ
  6599. 4:19:11NQU. And that's the first one. That's
  6600. 4:19:13the one you got to choose. That's it.
  6601. 4:19:15Same thing for MQ. MNQU. That's the one
  6602. 4:19:18you got to choose. Same thing for ES.
  6603. 4:19:20ESU.
  6604. 4:19:22That's Oops.
  6605. 4:19:25Yeah. ESU. That's the one you're going
  6606. 4:19:26to choose. MESU same thing. Now for oil
  6607. 4:19:30we don't have that. So we're gonna write
  6608. 4:19:32CL1 and then we're going to use NAX.
  6609. 4:19:35Okay, just for oil we're gonna use NAX.
  6610. 4:19:37But for NASDAQ, for ES, for these ones,
  6611. 4:19:42you're going to use CME as a broker. All
  6612. 4:19:44right, that's it. Don't confuse
  6613. 4:19:46yourself, please. And the reason why I'm
  6614. 4:19:48saying this, it's not like your results
  6615. 4:19:50are going to be different. It's just
  6616. 4:19:51these are the ones I've back tested. So
  6617. 4:19:52these are the ones I'm sure that work.
  6618. 4:19:54That's why I don't want you to go and
  6619. 4:19:56try new things. Yes, they will still end
  6620. 4:19:58up working, but these are the ones I've
  6621. 4:20:00tried myself. That's why I'm telling you
  6622. 4:20:03just follow the ones I told you about,
  6623. 4:20:05please.
  6624. 4:20:06Now, second rule for futures and best
  6625. 4:20:10pairs and contracts is minis and micros
  6626. 4:20:12rule. All right. Sometimes, now we're
  6627. 4:20:15done with the CME. Okay, let's do it on
  6628. 4:20:18the 15 because it's better. You're going
  6629. 4:20:20to see this better. All right. Perfect.
  6630. 4:20:23Now let's see on let's say on MEES you
  6631. 4:20:26see how here this was a noi candle
  6632. 4:20:29on ES
  6633. 4:20:33this wasn't a noi candle you see
  6634. 4:20:38so that's why it's fine sorry I got
  6635. 4:20:42distracted same concept here for example
  6636. 4:20:44this candle is in no on me on MEES on ES
  6637. 4:20:48this isn't is not oh actually it is the
  6638. 4:20:51same candle this
  6639. 4:20:53Yeah, for example on M on ES here there
  6640. 4:20:56is a no wick on me no there is no no
  6641. 4:20:59wick so you see like you can see the why
  6642. 4:21:02am I going so much in depth you can see
  6643. 4:21:05here
  6644. 4:21:07god damn you can see how the difference
  6645. 4:21:09sometimes it's one is going to say there
  6646. 4:21:11is a wick and one of them is going to
  6647. 4:21:12say there is no no wick so in these
  6648. 4:21:14cases
  6649. 4:21:15it doesn't matter which one has the no
  6650. 4:21:18wick you can still take the trade right
  6651. 4:21:20now what do I mean by
  6652. 4:21:22Let's say you want to take this buy
  6653. 4:21:24right here. Actually, that's a good
  6654. 4:21:25example.
  6655. 4:21:27Let's say you want to take the buy right
  6656. 4:21:28here, but you don't want to trade on ES,
  6657. 4:21:31right? You feel like, okay, that's too
  6658. 4:21:33much contracts that it's a you want to,
  6659. 4:21:36let's say, open five micros instead of
  6660. 4:21:38one minute. You don't want to open one
  6661. 4:21:39minute. It's too much. You don't want to
  6662. 4:21:41risk that much. You want to risk less,
  6663. 4:21:43but you can't open less than one minute,
  6664. 4:21:45right? So, you want to open in micros.
  6665. 4:21:47You want to open five micros instead of
  6666. 4:21:49one minute. Then you go on micros and
  6667. 4:21:51you see, oh but Omar, there is no
  6668. 4:21:54there. Let me just do this replay mode
  6669. 4:21:57so that you guys understand it better.
  6670. 4:22:01Boom.
  6671. 4:22:04You go on ES
  6672. 4:22:07and then you're like, I want to take
  6673. 4:22:09this trade, but I don't want to risk one
  6674. 4:22:12minute. I want to risk five micros
  6675. 4:22:14instead. You go to the micros and you
  6676. 4:22:16see, but Omar, it has a wick. It's okay.
  6677. 4:22:19All right. You can still take the trade
  6678. 4:22:21on micros
  6679. 4:22:24and it's fine. I just have it like this
  6680. 4:22:26and one to one. You're like, "But Omar,
  6681. 4:22:28there is no." I know, but it's fine. As
  6682. 4:22:31long as one of them has the knowic, you
  6683. 4:22:33can still take the trade. So, it is all
  6684. 4:22:35right to analyze on one chart and
  6685. 4:22:37execute on one chart. On forex, you
  6686. 4:22:39don't have this problem. But I'm talking
  6687. 4:22:40about futures. If that's the case, it's
  6688. 4:22:43completely fine. You're allowed to
  6689. 4:22:44analyze on one chart and then trade on
  6690. 4:22:47the next chart. Completely fine. All
  6691. 4:22:49right. So, you would see, let's say,
  6692. 4:22:51okay, you saw it on ES. Nice. You don't
  6693. 4:22:53want to take it on ES. You want to take
  6694. 4:22:54it on MEES instead. Then you take the
  6695. 4:22:57trade. Boom. And you hit TP. Okay?
  6696. 4:23:00Because it's going to be the same exact
  6697. 4:23:01move afterwards.
  6698. 4:23:04Now, the reason why I'm saying talk
  6699. 4:23:06about this it's so much in depth is you
  6700. 4:23:09guys going to be surprised how many
  6701. 4:23:10people messed this up.
  6702. 4:23:12>> [snorts]
  6703. 4:23:12>> Now for the time frame on Forex mainly I
  6704. 4:23:16trade on the 15 minutes and above. I
  6705. 4:23:18rarely look at the above or not rarely
  6706. 4:23:20but like usually the rules say okay you
  6707. 4:23:23can trade it on the 15 minutes and
  6708. 4:23:25that's it. One time frame you don't have
  6709. 4:23:27to do multi- time frame analysis. No
  6710. 4:23:29your 15 minutes on forex is your bread
  6711. 4:23:31and butter. If you want to go lower than
  6712. 4:23:34the 15 minutes there is other rules that
  6713. 4:23:35we're going to talk about later but or
  6714. 4:23:38maybe not. I don't think I'm going to
  6715. 4:23:40talk about it later. We'll see. But
  6716. 4:23:42mostly it's going to be on the 15
  6717. 4:23:44minutes that you trade it on forex. On
  6718. 4:23:46futures, you can trade on the 15 minutes
  6719. 4:23:49and the five minutes, whichever you
  6720. 4:23:50prefer. But before you come and start
  6721. 4:23:52nagging, listen, the 15 minutes in
  6722. 4:23:55general works better. Like whenever it's
  6723. 4:23:57on the 15 minutes, it has a higher win
  6724. 4:23:59rate. But you're not going to find so
  6725. 4:24:01many setups on the 15 minutes. That's
  6726. 4:24:03why personally I prefer to trade it on
  6727. 4:24:05the 5 minutes. All right. Now, if you
  6728. 4:24:07okay with taking let's say only one
  6729. 4:24:09trade a day, then the 15 minutes is
  6730. 4:24:11good. But if you like know you like to
  6731. 4:24:13take more trades, the 5 minutes is
  6732. 4:24:15better cuz on the 5 minutes you're going
  6733. 4:24:17to have more frequency.
  6734. 4:24:19Now, even the even although yes, the 15
  6735. 4:24:23minutes has like 5% higher win rate.
  6736. 4:24:25It's fine. On the five minutes, you're
  6737. 4:24:27going to have more frequency aka it's
  6738. 4:24:28gonna make it up for it. Like let's say
  6739. 4:24:31instead of on the five minutes, you'll
  6740. 4:24:34be able to catch let's say 20 trades.
  6741. 4:24:36Okay, but you're going to have only 80%
  6742. 4:24:38win rate. In this case, you're going to
  6743. 4:24:40have 16 wins
  6744. 4:24:43and four losses.
  6745. 4:24:45So, you'll have total of 12 R. 16 - 4,
  6746. 4:24:50that's 12 R. Now, on the 15 minutes,
  6747. 4:24:52you'll only take 10 trades and you're
  6748. 4:24:54going to have let's say just example 90%
  6749. 4:24:58win rate. Obviously, you're not going to
  6750. 4:24:59have that, but let's say you have 90%
  6751. 4:25:00win rate. In this case, you win nine and
  6752. 4:25:03you lose one. So you'll be left with 8
  6753. 4:25:06R. So your total profit is going to be
  6754. 4:25:08only 8R. On the other hand, here, yes,
  6755. 4:25:10although this has 80% win rate and this
  6756. 4:25:13has 90, here you able to catch 12 R, but
  6757. 4:25:16here you're only able to catch 8R. You
  6758. 4:25:18see what I mean? So yes, although the 5
  6759. 4:25:20minutes have slightly lower win rate,
  6760. 4:25:23but because you're going to be able to
  6761. 4:25:24take more trades, it's going to make up
  6762. 4:25:26for it. So that's why I prefer on
  6763. 4:25:28futures the 5 minutes, but if you don't
  6764. 4:25:30feel like you're that aggressive, you
  6765. 4:25:31prefer the 15, you can still go for it.
  6766. 4:25:34And on the forex, I personally love the
  6767. 4:25:3615 minutes. That's like my bread and
  6768. 4:25:38butter.
  6769. 4:25:40Now, what we're going to talk about is
  6770. 4:25:42going to be trading sessions.
  6771. 4:25:44So, with this strategy, you can it you
  6772. 4:25:49can trade why am I talking? Let me just
  6773. 4:25:51read. Trading sessions can be traded in
  6774. 4:25:55all trading sessions on both forex and
  6775. 4:25:58futures. Asia, London, New York.
  6776. 4:26:00So this strategy you can trade Asia
  6777. 4:26:02session, London session, New York
  6778. 4:26:04session. We're not looking at the
  6779. 4:26:07opening, you know, of a certain session.
  6780. 4:26:09No, you can trade whichever session you
  6781. 4:26:10want, whenever you want, whatever you
  6782. 4:26:13want. And I'm stressing about this
  6783. 4:26:15especially for futures traders. Okay?
  6784. 4:26:17Now,
  6785. 4:26:19I don't know why most of futures traders
  6786. 4:26:21think you can you only supposed to trade
  6787. 4:26:24New York. No, you're not only supposed
  6788. 4:26:26to trade New York. Yes, you can trade in
  6789. 4:26:27Asia, London, New York. Now, before you
  6790. 4:26:29ask me which one you prefer.
  6791. 4:26:33Oh, yeah. I'm going to show you the no
  6792. 4:26:34train zone. Before you ask me which one
  6793. 4:26:36you prefer,
  6794. 4:26:38I'm not I know the answer. I know which
  6795. 4:26:39one has the higher win rate, but I'm not
  6796. 4:26:41going to give you the answer. I'm going
  6797. 4:26:42to tell you it's none of your business.
  6798. 4:26:43You know why? Because every time I tell
  6799. 4:26:45someone which one is the best session,
  6800. 4:26:47bro, they ruin their whole sleeping
  6801. 4:26:49schedule just to be trading that certain
  6802. 4:26:51session. And I don't like that. I
  6803. 4:26:53genuinely don't like that. Like, come
  6804. 4:26:54on, guys. You need to have fix your
  6805. 4:26:56better mental health. Your metal your
  6806. 4:26:59mental health is more important than
  6807. 4:27:01trading. So don't fix your
  6808. 4:27:04sleeping schedule according just to your
  6809. 4:27:07trading. You know what I mean? Like I
  6810. 4:27:09don't want to see you trading certain
  6811. 4:27:12session just because this session has a
  6812. 4:27:13higher win rate when it might be 2 a.m.
  6813. 4:27:15for you. Because imagine you live in I
  6814. 4:27:17don't know in the US. If you live in the
  6815. 4:27:19US, it wouldn't make sense for you to
  6816. 4:27:21trade London session, for example,
  6817. 4:27:23because that's going to be midnight for
  6818. 4:27:24you. Or if you live in Europe, it's not
  6819. 4:27:27going to make sense for you to trade
  6820. 4:27:28Asia because that's going to be midnight
  6821. 4:27:29for you. Or if you live in Asia, it's
  6822. 4:27:32not going to make sense for you to trade
  6823. 4:27:33New York. That's midnight for you.
  6824. 4:27:35That's why don't stress about it. All
  6825. 4:27:37right? This strategy can be traded on
  6826. 4:27:39all trading sessions. Now, before we do
  6827. 4:27:42so, I want to just let you know one
  6828. 4:27:44thing. Only time you should not be
  6829. 4:27:46trading is the no trading zone. And you
  6830. 4:27:50will be able to find the no trading zone
  6831. 4:27:51in the free indicator. Okay. So before
  6832. 4:27:54you ask me what time is it and how do I
  6833. 4:27:56know this time in my time zone, it's
  6834. 4:27:57going to be automatic for you in the
  6835. 4:28:00indicator.
  6836. 4:28:02Now what is the no trading zone? This is
  6837. 4:28:04the no trading zone.
  6838. 4:28:06The no trading zone is a time where I
  6839. 4:28:09don't want you to be trading for so many
  6840. 4:28:11reasons. I'm going to give you a couple
  6841. 4:28:13of the reasons. Actually, you know what?
  6842. 4:28:14Let me give you a couple of the reasons.
  6843. 4:28:17Reasons
  6844. 4:28:20to not trade
  6845. 4:28:23NTZ, no trading zone. Reason number one,
  6846. 4:28:31first reason why you shouldn't be
  6847. 4:28:32trading the no trading zone is simply on
  6848. 4:28:35both forex and futures, pro firms don't
  6849. 4:28:38allow it. [laughter]
  6850. 4:28:40So let's say on Lucid you're not allowed
  6851. 4:28:43to trade between these hours. It's just
  6852. 4:28:44like they take the break. Same thing on
  6853. 4:28:46let's say on Lucid which is futures.
  6854. 4:28:49Let's say on Alpha Capital which is
  6855. 4:28:51forex they also don't allow you to trade
  6856. 4:28:52during these hours. So first reason why
  6857. 4:28:55you shouldn't be trading no trading zone
  6858. 4:28:57profits don't allow it. Second reason
  6859. 4:29:00this for forex spreads is super high
  6860. 4:29:05during
  6861. 4:29:07these hours.
  6862. 4:29:10Third reason why you shouldn't be
  6863. 4:29:11trading during the no trading zone
  6864. 4:29:15is going to be price action
  6865. 4:29:19is
  6866. 4:29:21that that's the respectful part. Price
  6867. 4:29:23action is usually bad during these
  6868. 4:29:24hours. You can see like it's always
  6869. 4:29:26consolidating during these hours. That's
  6870. 4:29:28why I don't and then sometimes you see
  6871. 4:29:30these gaps consolidating. That's why I'm
  6872. 4:29:33not a big fan of trading the no trading
  6873. 4:29:34zone. All right. [snorts] Now, three
  6874. 4:29:37rules for the no trading zone.
  6875. 4:29:40Close any trade before we tap
  6876. 4:29:44into the no trading zone. So, let's say
  6877. 4:29:46you are in this trade. Just
  6878. 4:29:47hypothetically,
  6879. 4:29:49you are in this trade
  6880. 4:29:52before we tap the no trading zone. So,
  6881. 4:29:54here that's when I would close the
  6882. 4:29:56trade. Now, I don't care if you're in
  6883. 4:29:58profit. I don't care if you're in draw
  6884. 4:29:59down. Regardless, close the tra the
  6885. 4:30:02trade before we tap the no trading zone.
  6886. 4:30:04All right? I don't want you to be in
  6887. 4:30:06this bad price action. So, whatever
  6888. 4:30:08happens, close the trade before we go to
  6889. 4:30:10the no trading zone. That's rule number
  6890. 4:30:12one. Rule number two, any no inside of
  6891. 4:30:15the no trading zone is not valid. So,
  6892. 4:30:17you see this no, let's say it was valid,
  6893. 4:30:21you're not allowed to take it neither in
  6894. 4:30:23the no trading zone nor after it.
  6895. 4:30:27So, if you see this noick inside of the
  6896. 4:30:29no trading zone and then after it we tap
  6897. 4:30:32it, no, you're not allowed to take it.
  6898. 4:30:33You still want the noick wherever
  6899. 4:30:36whatever you want it to be outside of
  6900. 4:30:38the no trading zone. So you imagine this
  6901. 4:30:40as if this is the how the no trading
  6902. 4:30:42zone looks like. Oh Like this you
  6903. 4:30:45cannot see it. All right. You cannot see
  6904. 4:30:48the no trading zone. Third rule. You're
  6905. 4:30:51only allowed to start trading after the
  6906. 4:30:53no trading zone ends which is here. So
  6907. 4:30:55only after the no trading zone. Yes,
  6908. 4:30:56you're allowed to take new trades and
  6909. 4:30:59that's it pretty much. Okay. So rule
  6910. 4:31:01number one, close any trade before we
  6911. 4:31:02tap the no trading zone. When profit or
  6912. 4:31:04loss, close the trade. Rule number two,
  6913. 4:31:07I didn't know we can sell the no trading
  6914. 4:31:08zone is not valid. Third rule, allowed
  6915. 4:31:11to to start trading after the no trading
  6916. 4:31:13zone ends. And by the way, you can
  6917. 4:31:15change the color of it. I don't know. I
  6918. 4:31:17have it like this. But like you want to
  6919. 4:31:19see the original colors.
  6920. 4:31:23It's ugly actually. I don't know why.
  6921. 4:31:25Shout out to my student who made it. But
  6922. 4:31:28that's how it looks like, brother. Ew.
  6923. 4:31:31No, I don't like how it looks like. Let
  6924. 4:31:33me remove this.
  6925. 4:31:35This is how I have it. Yeah. Or like
  6926. 4:31:38this. Whatever. Anyway, that's it for
  6927. 4:31:41the no trading zone. All right. Is it
  6928. 4:31:43clear? I hope it's clear. Now, we're
  6929. 4:31:44going to be moving to the advanced
  6930. 4:31:47advanced advanced stuff. So, let's get
  6931. 4:31:49it. So, now we're going to actually now
  6932. 4:31:51we're digging into the nice stuff. All
  6933. 4:31:52right. So, we're going to be back
  6934. 4:31:54testing. So, now we're digging into the
  6935. 4:31:56real serious stuff. So now what we're
  6936. 4:31:58going to talk about is the difference
  6937. 4:31:59between the A setup versus C setup. And
  6938. 4:32:02by the way, I only want you to take A
  6939. 4:32:03setups. All right? There is no point in
  6940. 4:32:05taking C setups. Look, C setups do work,
  6941. 4:32:08but at the end of the day, you're
  6942. 4:32:09dropping your win rate by a lot. So if
  6943. 4:32:11you want to actually have the 85% win
  6944. 4:32:14rate, you have to stick to only and only
  6945. 4:32:17to the A setups. All right? Because the
  6946. 4:32:19C setups, they do work, but they have a
  6947. 4:32:21lower win rate. I'm personally not a big
  6948. 4:32:23fan of it. All my students, no one uses
  6949. 4:32:25C setup and I would recommend you to not
  6950. 4:32:27do that as well. I still want to teach
  6951. 4:32:29it to you not so that you trade it
  6952. 4:32:31actually so you don't trade it and so it
  6953. 4:32:33doesn't ruin your trading flow. All
  6954. 4:32:36right, now let's get with it. So this is
  6955. 4:32:39how a perfect example for a setup would
  6956. 4:32:40be. Right, let's say here we're in a
  6957. 4:32:42clear uptrend. So we had a low high,
  6958. 4:32:44higher low, higher high, higher low,
  6959. 4:32:46higher high, higher low, higher high.
  6960. 4:32:47Right? To save some time, I'm just going
  6961. 4:32:50to mark up the higher low and then the
  6962. 4:32:52higher high. Now,
  6963. 4:32:55this was a confirmed higher low, right?
  6964. 4:32:57What happened after we broke this most
  6965. 4:32:58recent higher low? We got a change of
  6966. 4:33:01character.
  6967. 4:33:03So, here we got a bearish change of
  6968. 4:33:05character. Perfect. And now we have a
  6969. 4:33:08lower high, lower low. So, we got a
  6970. 4:33:11break of structure here.
  6971. 4:33:15Now, this became the most recent lower
  6972. 4:33:17high
  6973. 4:33:19and this became the most recent lower
  6974. 4:33:21low. Now why is this an A setup? This is
  6975. 4:33:24an A setup because the trend has
  6976. 4:33:26confirmed and that that switch from an
  6977. 4:33:29uptrend to a downtrend. It did the three
  6978. 4:33:31steps confirmation. You remember the
  6979. 4:33:32three steps confirmation in the earlier
  6980. 4:33:34in this video. So it did the three steps
  6981. 4:33:36confirmation change of character break
  6982. 4:33:39structure. So it did first one change of
  6983. 4:33:42character created lower high without
  6984. 4:33:44breaking the highs. Third one we did the
  6985. 4:33:46break structure to the downside. So it
  6986. 4:33:48did the three steps confirmation. Now
  6987. 4:33:50it's officially switched from a uptrend
  6988. 4:33:52to a downtrend. Change of character
  6989. 4:33:54break structure. We're good. Then we got
  6990. 4:33:56a bearish noick. That's perfect. Now we
  6991. 4:33:59have a bearish noick in a confirmed
  6992. 4:34:01bearish trend. That's why it's okay to
  6993. 4:34:03take this trade. Stop loss at the most
  6994. 4:34:05recent high with some breathing room and
  6995. 4:34:07take profit one to one. And once we
  6996. 4:34:10price comes back to the no, we can
  6997. 4:34:12expect it to do something like this. Now
  6998. 4:34:16we know this is a confirmed downtrend.
  6999. 4:34:18That's why it's more likely to continue
  7000. 4:34:19the trend rather than reversing, right?
  7001. 4:34:22Cuz now we have we expecting to do
  7002. 4:34:24something like this, like this, like
  7003. 4:34:25this, like this, like this, like this.
  7004. 4:34:26And even if we didn't, even if without
  7005. 4:34:28the having the noick, if we didn't even
  7006. 4:34:30do like let's do this. Even without the
  7007. 4:34:33knowic, we can predict price to do
  7008. 4:34:35something like this, right? Because it's
  7009. 4:34:37a confirmed downtrend. So imagine all of
  7010. 4:34:39this with the noic as well. That's extra
  7011. 4:34:41extra confluences. Now, this is a
  7012. 4:34:44perfect example of a C setup. You see
  7013. 4:34:46how how we have a low high higher low
  7014. 4:34:48higher higher low higher higher low
  7015. 4:34:50higher high. Perfect.
  7016. 4:34:52So we have the breaker structure here.
  7017. 4:34:57This was the most recent higher low.
  7018. 4:35:02For some reason my AC is tripping. This
  7019. 4:35:05was the higher high. So as you can see
  7020. 4:35:07here we had a change of character.
  7021. 4:35:10Right? Boom. Now is this a confirmed
  7022. 4:35:13downtrend? First of all, well, if you
  7023. 4:35:15watch this video from the beginning, if
  7024. 4:35:16you watch the trend part, the market
  7025. 4:35:18structure part, you would already know
  7026. 4:35:19the answer. No, this is not a confirmed
  7027. 4:35:21downtrend. Why? Because it only did the
  7028. 4:35:23one-step confirmation. It didn't do the
  7029. 4:35:25three steps confirmation. We only got
  7030. 4:35:27change of character and that's it. We
  7031. 4:35:29didn't get a break structure after it.
  7032. 4:35:31So, what happens here when price comes
  7033. 4:35:33back and taps the noick? Yes, there is a
  7034. 4:35:36high chance that we're going to do
  7035. 4:35:37something like this. And now we have a
  7036. 4:35:38high low, lower high, lower low, and
  7037. 4:35:40this would be the break structure. But
  7038. 4:35:43there's also a high chance that price is
  7039. 4:35:46just going to ignore the noick and go
  7040. 4:35:48and hit our stop loss. Because think
  7041. 4:35:49about it, if you want to take this trade
  7042. 4:35:51right here, where are you going to put
  7043. 4:35:52your stop loss? Remember what the rule
  7044. 4:35:54of the stop loss is? Put your stop loss
  7045. 4:35:56at the most recent lower high. There is
  7046. 4:35:58no most recent lower high, confirmed
  7047. 4:36:00lower high as well. There is no
  7048. 4:36:01confirmed lower high. So, you have to
  7049. 4:36:03put it at the highs. That's why this is
  7050. 4:36:05very risky. The reason why this is risky
  7051. 4:36:08is because
  7052. 4:36:10this could be something called a fake
  7053. 4:36:12out. So why could it be a fake out?
  7054. 4:36:13Because think about it. All right, I'm
  7055. 4:36:16not talking about me. I'm talking about
  7056. 4:36:17most average traders. And you guys
  7057. 4:36:20wouldn't fall for this because you
  7058. 4:36:21learned from me humbly. So
  7059. 4:36:24most people after the change of
  7060. 4:36:26character, what they start doing is they
  7061. 4:36:27start selling. And now I'm explaining to
  7062. 4:36:29you the psychology behind why I don't
  7063. 4:36:32like C setups and why they actually
  7064. 4:36:34don't work as good. Most people after
  7065. 4:36:36they see a change of character, they
  7066. 4:36:37say, "Oh yes, let's go." Now we switched
  7067. 4:36:39from an uptrend to a downtrend, now it's
  7068. 4:36:41time to start selling. And I'm not
  7069. 4:36:43talking about the noick, by the way. I'm
  7070. 4:36:44talking in general, like even without
  7071. 4:36:45the noick. Let's remove the noick. Boom.
  7072. 4:36:48After the change of character, people
  7073. 4:36:50start selling. So what they do here is
  7074. 4:36:52they sell,
  7075. 4:36:54they put actually, you know what? Let me
  7076. 4:36:56explain it in depth. Maybe you're genius
  7077. 4:36:59guy who's actually wondering. You see
  7078. 4:37:01how here we got break structure. Most
  7079. 4:37:03people here would start buying. Where
  7080. 4:37:06would they put their stop loss? At the
  7081. 4:37:07most recent higher low. Where would they
  7082. 4:37:09put their TP? We don't care where they
  7083. 4:37:10put their TP. Market makers can only
  7084. 4:37:14push price when they stop out people
  7085. 4:37:15because that's what's called liquidity.
  7086. 4:37:17So they have to stop people out in order
  7087. 4:37:19for them to start taking trades because
  7088. 4:37:22they want to have big, you know, big
  7089. 4:37:24trades. So what do they do here? They
  7090. 4:37:28come down. They stop all the buyers. So
  7091. 4:37:31all the buyers now are stopped out. All
  7092. 4:37:32the buyers, they hit stop loss. And then
  7093. 4:37:36I'm telling you what retail traders
  7094. 4:37:38would see. They would see here a change
  7095. 4:37:40of character. So all the ones who got
  7096. 4:37:41stopped out here, they're like, "All
  7097. 4:37:43right, it. We're out of this buys.
  7098. 4:37:44But now we had a change of character.
  7099. 4:37:46Let's start selling." And that's exactly
  7100. 4:37:48the second trap. So you would have full
  7101. 4:37:50fell for the first trap. And remember,
  7102. 4:37:52most people don't even have they don't
  7103. 4:37:54put their breathing room here. So they
  7104. 4:37:57wouldn't even be able to protect
  7105. 4:37:58themselves. And that's one of the
  7106. 4:37:59reasons why we put breathing room cuz
  7107. 4:38:00usually they would have it like this.
  7108. 4:38:01they would get stopped out and then they
  7109. 4:38:03would fall for the first trap. The way
  7110. 4:38:05we avoid the first trap is the breathing
  7111. 4:38:06room. Now, second trap they would fall
  7112. 4:38:09for, they would be like, "Oh, we had a
  7113. 4:38:11change of character. Let's start selling
  7114. 4:38:12now. Let's put our stops at the highs
  7115. 4:38:16and TP out of nowhere." Okay. Now, the
  7116. 4:38:19market makers are going to tell them,
  7117. 4:38:21"Okay, you think you're smart. Welcome
  7118. 4:38:23to the second trap. This one right here,
  7119. 4:38:25we just lied to you and now we're going
  7120. 4:38:28to stop you out again." Boom. and they
  7121. 4:38:30start pushing the market in the same
  7122. 4:38:32direction they wanted to push it in the
  7123. 4:38:34first place. And that's why this is
  7124. 4:38:35called a fake out because it faked
  7125. 4:38:36people out. People thought we going to
  7126. 4:38:38start going down. In reality, we're not
  7127. 4:38:40going to do that. And then people get
  7128. 4:38:42faked out. So that's why people get
  7129. 4:38:45stopped out here. Now, you might be
  7130. 4:38:46like, okay, how do I avoid this? There's
  7131. 4:38:48so many ways which I might talk about it
  7132. 4:38:50in the end of the video, but I probably
  7133. 4:38:53will. But just for now to make it simple
  7134. 4:38:57if you see a change of character without
  7135. 4:38:59the breaker structure that's not confir
  7136. 4:39:01confirmed downtrend in this case I'm in
  7137. 4:39:03like in a neutral phase I don't want to
  7138. 4:39:05take these cells and I don't want to
  7139. 4:39:07take any buys I would just simply ignore
  7140. 4:39:09this trend all right
  7141. 4:39:13now I actually explained it good I
  7142. 4:39:15believe I wish someone explained to me
  7143. 4:39:17like this when I first started trading
  7144. 4:39:19all right anyway that's a realistic
  7145. 4:39:21example of a setup cuz obviously the
  7146. 4:39:23charts are not going to look this sweet.
  7147. 4:39:25[laughter] I wish it did, but it's not
  7148. 4:39:27going to do that. So, this is a more
  7149. 4:39:28realistic example of a setup. You see,
  7150. 4:39:30we have a low, high, higher, low,
  7151. 4:39:32higher, high, internal structure. High,
  7152. 4:39:33higher, low, higher, high, higher, low,
  7153. 4:39:36higher, high. Then here we have the
  7154. 4:39:39change of character. Boom.
  7155. 4:39:43Now we have a high, low, lower, higher,
  7156. 4:39:45lower, low. So, here we have a break of
  7157. 4:39:47structure.
  7158. 4:39:53Boom. Now we have a high, low, lower,
  7159. 4:39:56high, lower, low. Boom, boom, boom.
  7160. 4:39:57Internal structure. Then something like
  7161. 4:39:59this. Break structure here. And now
  7162. 4:40:02you're like, okay, cool. But Omar, where
  7163. 4:40:04is the most recent lower high? I'm tell
  7164. 4:40:06you, do the snake method. Come back. Oh,
  7165. 4:40:09I found it. Perfect.
  7166. 4:40:11You enter the cell, stop loss at the
  7167. 4:40:14most recent high, and then TP1 12:1 or
  7168. 4:40:17so on. All right, that would be a
  7169. 4:40:19perfect a setup. You see how we had a
  7170. 4:40:21change of character break structure
  7171. 4:40:22break structure. Now this is good to go.
  7172. 4:40:25Most likely in this case price is going
  7173. 4:40:27to do this and then keep pushing in the
  7174. 4:40:30same direction where we're going.
  7175. 4:40:32Now this is a more realistic example of
  7176. 4:40:34a C setup and that's the trap most of
  7177. 4:40:36you guys would fall for. Right? So we
  7178. 4:40:39have a high low lower blah blah blah all
  7179. 4:40:41of that BS. Let me just do the screen. I
  7180. 4:40:44don't know why I forgot to do that.
  7181. 4:40:46And then here we have that change of
  7182. 4:40:49character. Correct?
  7183. 4:40:51Bearish change of character.
  7184. 4:40:54Now we have a high, low, potential lower
  7185. 4:40:57high. And that's it, right? It's because
  7186. 4:40:59now you think about it, we have a high,
  7187. 4:41:01we have a low, and then people like,
  7188. 4:41:04okay, this is a lower high. No, it's not
  7189. 4:41:05a lower high yet. Why? Because we didn't
  7190. 4:41:07break the lows. So before we break these
  7191. 4:41:09lows, this is still not a lower high. It
  7192. 4:41:12only becomes confirmed after we get a
  7193. 4:41:14break structure. So now have a change of
  7194. 4:41:16character but yet here we don't have a
  7195. 4:41:17break structure even if this was like
  7196. 4:41:19this this would be just the wick right.
  7197. 4:41:21So in this case this we didn't do the
  7198. 4:41:25three steps confirmation yet. So most
  7199. 4:41:27people here or not most people like most
  7200. 4:41:29people I've seen doing this pre column
  7201. 4:41:31mistake after we tap the noick they
  7202. 4:41:34would go they would take the cell have
  7203. 4:41:36their stop loss here and then one to one
  7204. 4:41:38and then they come and tell me Omar but
  7205. 4:41:39why did we hit stop loss in this case?
  7206. 4:41:41I'll tell them because you didn't wait
  7207. 4:41:42for the confirmation. You only had a
  7208. 4:41:44change of character and you never had
  7209. 4:41:46the breaker structure after. So why you
  7210. 4:41:47expecting this to work out? You know
  7211. 4:41:49what I mean? This was just a potential
  7212. 4:41:51lower high. This wasn't a confirmed
  7213. 4:41:52lower high. Now let's have a real quick
  7214. 4:41:54example on a setups and C setup. This is
  7215. 4:41:58a really good example of a setup. Low
  7216. 4:42:00high, higher low, higher high, higher
  7217. 4:42:01low, higher high, higher low, higher
  7218. 4:42:03high. We got a bullish candle with no
  7219. 4:42:05bottom wick.
  7220. 4:42:07Once price tabs the no, that's it. We
  7221. 4:42:10enter the buy stop loss at the most
  7222. 4:42:12recent higher low TP one to one and then
  7223. 4:42:16you just set and forget and you let the
  7224. 4:42:18magic happen. You see simple now
  7225. 4:42:23or you can see like we had a break
  7226. 4:42:25structure break structure break
  7227. 4:42:26structure that's why it's a a setup. Now
  7228. 4:42:28there's example of a C setup. You see
  7229. 4:42:30how we have the high low lower high
  7230. 4:42:32lower low high lower low high lower low
  7231. 4:42:36whatever I wouldn't count this as
  7232. 4:42:38structure lower high lower low lower
  7233. 4:42:40high lower low and then we have the
  7234. 4:42:41change of character so now we have a low
  7235. 4:42:43and a high and that's it so if price
  7236. 4:42:45comes back and taps the noick this would
  7237. 4:42:48be a mistake to do now this you going to
  7238. 4:42:51see like this is a C setup at the end of
  7239. 4:42:52the day the C setup still have you know
  7240. 4:42:54like 65 to 70% win rate which is not
  7241. 4:42:57terrible and you can see funny enough.
  7242. 4:43:02Yes, that's good. H it would have still
  7243. 4:43:05worked out but that's not something good
  7244. 4:43:08to do. All right, this is not good thing
  7245. 4:43:10to do because this is a C setup and most
  7246. 4:43:14of the time you would end or not
  7247. 4:43:15actually not most of the time most of
  7248. 4:43:17the time you will end up winning but
  7249. 4:43:19it's not as you don't have as high win
  7250. 4:43:21rate and I would highly recommend you to
  7251. 4:43:23avoid trading C setups. All right.
  7252. 4:43:27Now, we're going to move to the Omar
  7253. 4:43:30entry. So, what is an Omar entry? In a
  7254. 4:43:32very, very simple way and then we're
  7255. 4:43:34going to start actually going to the
  7256. 4:43:35advanced stuff. An Omar entry is pretty
  7257. 4:43:39much sometimes what happens is you see
  7258. 4:43:41how we have a low, high, higher, lower
  7259. 4:43:42high, higher high. Price decides to not
  7260. 4:43:45tap the NOIC. This is not very common,
  7261. 4:43:47but sometimes price doesn't come and tap
  7262. 4:43:49the noick and instead goes and hits TP.
  7263. 4:43:52Now this is usually more common in forex
  7264. 4:43:55than futures and this is mostly common
  7265. 4:43:57on JPY pairs. So any pair that has JPY
  7266. 4:44:00this is very common in it. So what
  7267. 4:44:02happens is price let's say you want to
  7268. 4:44:04take this you have your buy limit you
  7269. 4:44:07have your stop loss at the most recent
  7270. 4:44:08higher low you have your TP at one and
  7271. 4:44:11then what happens here which is very
  7272. 4:44:13common price would tend to come close to
  7273. 4:44:16the noick
  7274. 4:44:18especially on JPY pairs and after that
  7275. 4:44:21it goes and hits TP so Omar that's why
  7276. 4:44:24it's called Omar entry I've realized
  7277. 4:44:26this happening so many times and I was
  7278. 4:44:29like bro like it happens like around 35
  7279. 4:44:315% of the time and I was like, "Bro,
  7280. 4:44:33this is pissing me off. Why is it not
  7281. 4:44:35tapping my entry and then it goes and
  7282. 4:44:37hits TP, you know what I mean?" So, I
  7283. 4:44:40kept back testing and back testing and
  7284. 4:44:42practicing. Funny enough, I was
  7285. 4:44:43practicing with one of my students, his
  7286. 4:44:44name is Zach, and we were just back
  7287. 4:44:46testing and practicing and practicing
  7288. 4:44:47and we found the sweet spot on what to
  7289. 4:44:49do. So, think about it. If price tends
  7290. 4:44:51to come close and then hit TP, what's
  7291. 4:44:53the easy solution to that? Don't enter
  7292. 4:44:56on the noick. Enter a bit before that.
  7293. 4:44:59Now, I'm like, "Okay, cool. full but how
  7294. 4:45:01many pips early or when do I know know
  7295. 4:45:04when to take the normal entry and when
  7296. 4:45:05to take an arm entry. I have a really
  7297. 4:45:08really really really long video about
  7298. 4:45:09this in Discord and I always talk about
  7299. 4:45:12this because this is mostly price action
  7300. 4:45:15how to know when to enter this and when
  7301. 4:45:16to know when to enter that. But if
  7302. 4:45:18you're new to the strategy, what I would
  7303. 4:45:19recommend you to do is this. Whenever
  7304. 4:45:22you stop loss is more than 10 pips,
  7305. 4:45:24right? More than 10 pips without
  7306. 4:45:26breathing room. All you can all you got
  7307. 4:45:28to do is enter two pips early. So don't
  7308. 4:45:31enter at the no. You can enter two pips
  7309. 4:45:33earlier. Only when your stop loss is
  7310. 4:45:35more than 10 pips. Now why why am I
  7311. 4:45:38saying more than 10 pips? That's when
  7312. 4:45:40you should enter two pips early because
  7313. 4:45:42think about it. If your stop loss was,
  7314. 4:45:44let's say, five pips. All right.
  7315. 4:45:49You know what? Let's do it here.
  7316. 4:45:53Let's say your stop loss was something
  7317. 4:45:54like this. Five pips. Perfect.
  7318. 4:45:57Perfect. If you want to take an Omar
  7319. 4:46:00entry here and you want to raise your
  7320. 4:46:02your entry by two pips, look at this.
  7321. 4:46:05You ruined your RR. And now when you're
  7322. 4:46:08going to increase it again, look what
  7323. 4:46:10you did. Now you increase your TP too
  7324. 4:46:13much. So instead of having it something
  7325. 4:46:15like this, boom, boom, one to one. Look
  7326. 4:46:21what you're targeting now. You're
  7327. 4:46:22targeting basically 1.7. And that's why
  7328. 4:46:24I'm not a big fan of this. You're going
  7329. 4:46:26to end up ruining your psychology
  7330. 4:46:28because your win rate is going to drop
  7331. 4:46:29if you do that. Now, when your stop loss
  7332. 4:46:31is more than 10 pips, and I'm talking 10
  7333. 4:46:33pips before breathing room, all right?
  7334. 4:46:37If you now increase your stop loss by
  7335. 4:46:38two pips, see Not a huge damage
  7336. 4:46:42happened. It just dropped from 1 one to
  7337. 4:46:450.85. Now in this case as well after
  7338. 4:46:48that I would just adjust it and make it
  7339. 4:46:501 one again. All right. This is the
  7340. 4:46:52reason why I'm giving you this simple
  7341. 4:46:54rule of 10 pips. So you don't really
  7342. 4:46:56need to know why. Just keep it simple.
  7343. 4:46:59Whenever
  7344. 4:47:01SL is more than 10 pips,
  7345. 4:47:09you can enter
  7346. 4:47:12two pips earlier. That's it. All right.
  7347. 4:47:16Very easy, very simple. Now, this is a
  7348. 4:47:18example of an Omar entry. Let's see.
  7349. 4:47:22Let's measure from here to the stop loss
  7350. 4:47:24is 10.5 pips. You see 10.5 pips. Or let
  7351. 4:47:28we can do this because some of you guys
  7352. 4:47:29are used to doing this. Boom. You see 10
  7353. 4:47:32point something. In this case, I'm
  7354. 4:47:33allowed to enter two pips earlier.
  7355. 4:47:36Boom. Or in this specific case, I
  7356. 4:47:38wouldn't even be two pips earlier. I
  7357. 4:47:40would just be entering here pretty much.
  7358. 4:47:43And then
  7359. 4:47:45take profit one to one. Boom.
  7360. 4:47:49And you can see what would have
  7361. 4:47:50happened. So in this specific case, if
  7362. 4:47:52you wanted to take the normal entry, you
  7363. 4:47:55wouldn't have been able to take the
  7364. 4:47:56trade. But because you saw the OMR
  7365. 4:47:58entry, you took an OMR entry, you would
  7366. 4:48:00have been catching this win and would
  7367. 4:48:01have taken you like 15, 30 minutes to
  7368. 4:48:04hit DP. So yeah, that's it pretty much
  7369. 4:48:06for the Omar entry. And now we're going
  7370. 4:48:08to move to the real strategy before we
  7371. 4:48:12actually start back testing. Let's get
  7372. 4:48:14it. All right. All right. So now we move
  7373. 4:48:16into the advanced part and this is the
  7374. 4:48:18going to be the last part before we
  7375. 4:48:20start the back testing. So lock in. And
  7376. 4:48:23these are the main core rules of the no
  7377. 4:48:25strategy. you most probably now know
  7378. 4:48:26most of them. There's a couple of rules
  7379. 4:48:28that I didn't mention. So, let's get it.
  7380. 4:48:31You should be good and then we're going
  7381. 4:48:32to start back testing. Now, just I want
  7382. 4:48:34to say one thing real quick. Regardless
  7383. 4:48:37if you know the strategy, regardless if
  7384. 4:48:38you're new here, regardless if you've
  7385. 4:48:40been trading the strategy and
  7386. 4:48:42profitable, regardless of anything, if
  7387. 4:48:43you straight up skip to this part,
  7388. 4:48:46you're not going to be able to
  7389. 4:48:47understand what I was talking about,
  7390. 4:48:49right? Cuz or no, actually, no. If you
  7391. 4:48:51know the strategy then and you skip to
  7392. 4:48:52this part, it's fine. But like then you
  7393. 4:48:54didn't benefit from this video. But if
  7394. 4:48:56you're new here and you directly skipped
  7395. 4:48:58here, trust me, you're not going to
  7396. 4:49:00understand when we started live
  7397. 4:49:02practicing because you're not going to
  7398. 4:49:03understand the way I read market
  7399. 4:49:04structure. So especially the market
  7400. 4:49:06structure part. This is very important
  7401. 4:49:08you understand. And then otherwise
  7402. 4:49:10you're going to have so many questions
  7403. 4:49:11you're going to ask me. Oh, but how do
  7404. 4:49:13you trade the strategy on futures? Oh,
  7405. 4:49:15but what's no trading zone? Oh,
  7406. 4:49:20what is the three steps confirmation?
  7407. 4:49:22Oh, what is this? What is that? So, all
  7408. 4:49:23of this I'm not going to go over again
  7409. 4:49:25cuz obviously I don't know how long this
  7410. 4:49:27video is right now, but it's like pretty
  7411. 4:49:29long video and I I can't repeat
  7412. 4:49:32everything that I just mentioned. So,
  7413. 4:49:33this is like basically a summary of what
  7414. 4:49:35we've been talking about and then after
  7415. 4:49:38that we're going to start the live back
  7416. 4:49:39test. So, let's get it. These are the
  7417. 4:49:42rules to take the NOIC trade a noic
  7418. 4:49:45trade sorry. So, whenever you see these
  7419. 4:49:47rules you're allowed to take a no trade.
  7420. 4:49:49So, first rule trade with a trend only.
  7421. 4:49:52If you have a bullish trend plus a
  7422. 4:49:54bullish noick, that means we're going to
  7423. 4:49:55enter a buy. If you have a bearish trend
  7424. 4:49:57plus a bearish noick, that means we're
  7425. 4:49:59going to enter a sell. You already know
  7426. 4:50:01this by now. Second rule, stop-loss
  7427. 4:50:04rules. By the way, take a screenshot of
  7428. 4:50:07this actually or draw it or pause the
  7429. 4:50:09video and draw everything because this
  7430. 4:50:11like this is the rules. Especially if
  7431. 4:50:13you're new here, before taking any
  7432. 4:50:15trades, you have to follow all of these
  7433. 4:50:17rules. This is the best way to do it.
  7434. 4:50:18You know, that's why I love the strategy
  7435. 4:50:20because this is not subjective. Now, now
  7436. 4:50:21you have a list of rules that you have
  7437. 4:50:24to follow. You follow them, then you
  7438. 4:50:27take the trade. After, if you follow all
  7439. 4:50:29the rules, if you win, great. If you
  7440. 4:50:32lose, good. As long as you follow the
  7441. 4:50:34rules. All right, that's the best part.
  7442. 4:50:36You don't It's not like ICT you have
  7443. 4:50:38thousands [snorts] different rules and
  7444. 4:50:40they all over the place. And then F
  7445. 4:50:43value, gap, inverse, S&s,
  7446. 4:50:46equilibrium. Oh, we did this. Oh, look
  7447. 4:50:48at the higher time frame. Oh, now let's
  7448. 4:50:50go to the lower time frame. Oh, but we
  7449. 4:50:52did this and this and this. Oh, but we
  7450. 4:50:54did. No need for all of that. You have a
  7451. 4:50:55set of rules. Set of rules. You follow
  7452. 4:50:57them. That's it. I back in the days used
  7453. 4:51:00to write them on a sticky paper and have
  7454. 4:51:02them on my laptop. So that way I could
  7455. 4:51:04always remember my rules. And after each
  7456. 4:51:06trade, I want you to look at the rules
  7457. 4:51:08and say, did I follow all the rules? If
  7458. 4:51:09the answer is yes, then regardless if it
  7459. 4:51:12was a win or a loss, it doesn't matter.
  7460. 4:51:14You did the right decision. Okay, now
  7461. 4:51:16let's get into it. So trade with a trend
  7462. 4:51:18only bullish trend plus bullish no equal
  7463. 4:51:20buys. Bearish trend plus bearish no
  7464. 4:51:22equal sells. Now stop loss rules for
  7465. 4:51:25buys the higher low. For sells it's the
  7466. 4:51:28lower high. So in this case let's say
  7467. 4:51:29we're in uptrend. We got the bullish
  7468. 4:51:31noick. Boom. Once price taps the noick.
  7469. 4:51:35We got into the buy
  7470. 4:51:38for buy stop loss equals higher low. All
  7471. 4:51:40right. Boom. And then second rule don't
  7472. 4:51:44forget the breathing room. All right.
  7473. 4:51:46I'm not going to forget the breathing
  7474. 4:51:47room. Minimum stop loss equal five pips
  7475. 4:51:50before breathing room. And this is only
  7476. 4:51:51for forex. So for forex, if your stop
  7477. 4:51:54loss is less than five pips, don't take
  7478. 4:51:56the trade anymore. Okay? If it's more
  7479. 4:51:58than five pips, then fine, you can take
  7480. 4:51:59it. And that's before the breeding room.
  7481. 4:52:01This is very important because if you
  7482. 4:52:03take trades with the when your stop loss
  7483. 4:52:05is less than five pips, you're not going
  7484. 4:52:07to be able to actually make money
  7485. 4:52:09because spreads, commission, slippage,
  7486. 4:52:12and all of that. So that's why it's very
  7487. 4:52:14important you take this rule into
  7488. 4:52:15consideration if you're a forex trader.
  7489. 4:52:17If you're futures, this rule is a bit
  7490. 4:52:19more flexible. You know, you don't have
  7491. 4:52:20a hard minimum stop-loss rule. I have
  7492. 4:52:23it, but also talk about I'm going to
  7493. 4:52:24talk about it maybe later as well. So
  7494. 4:52:28the minimum stop-loss rule for Forex is
  7495. 4:52:30five pips before beating room. Okay. So
  7496. 4:52:34stop loss here with some breeding room.
  7497. 4:52:36Okay, it's more than five pips. Nice.
  7498. 4:52:38Take profit fix one to one. We make it
  7499. 4:52:401:1. Nice. Omar entry only if the stop
  7500. 4:52:43loss is above 10 pips. So this one is 31
  7501. 4:52:4632 33. Boom. That's the Omar entry and
  7502. 4:52:49then I extend this to one to one.
  7503. 4:52:51Perfect. Invalid conditions. Do not take
  7504. 4:52:54the trade in these cases.
  7505. 4:52:56If price comes close to the no, then it
  7506. 4:52:58hits the P. You didn't take an Omar
  7507. 4:53:01entry. In this case, the trade is not
  7508. 4:53:02valid. What do I mean by that? So let's
  7509. 4:53:04say you have your entry here. Okay, this
  7510. 4:53:08price closed like this and you have your
  7511. 4:53:09buy limit. You're excited. you're going
  7512. 4:53:11to get the trade, right? And then price
  7513. 4:53:13comes close to the NOIC and then you're
  7514. 4:53:15like, you know what, I'm not feeling
  7515. 4:53:16like taking an OMR entry today or maybe
  7516. 4:53:18the top the the stop loss is less than
  7517. 4:53:2110 pips. So, you couldn't take an entry
  7518. 4:53:23and after that price decides to go and
  7519. 4:53:25go and hit TP. In this case, it's not a
  7520. 4:53:29valid trade anymore. Why? Because it
  7521. 4:53:31already gave us the move we want. So,
  7522. 4:53:34the same concept as if we tapped and
  7523. 4:53:36then we hit TP. So if price comes close
  7524. 4:53:39to the noick but doesn't hit and then
  7525. 4:53:41goes and hits TP, it's not a valid trade
  7526. 4:53:44anymore. All right, this is very
  7527. 4:53:45important that you actually understand
  7528. 4:53:46it. So if price comes close to the no
  7529. 4:53:48then hits TP, you didn't take an OMR
  7530. 4:53:50entry, it's not valid. Now you might be
  7531. 4:53:52like, okay, how close is it with the
  7532. 4:53:54range of an OMR entry? So two pips, two
  7533. 4:53:56pips. If it comes within two pips close
  7534. 4:53:58to the no, doesn't tap, hits DP, not
  7535. 4:54:00valid anymore. If price creates this one
  7536. 4:54:04I don't like to have it as a rule but
  7537. 4:54:06because so many people mess it up that's
  7538. 4:54:07why I made it a rule. If price creates
  7539. 4:54:10external structure before tapping change
  7540. 4:54:12of character before tapping. So what do
  7541. 4:54:13I mean by that? Let's say you see the
  7542. 4:54:15noic here right? Amazing.
  7543. 4:54:18Next candle price goes up. Amazing. And
  7544. 4:54:20then we make something like this.
  7545. 4:54:21Something like this. You see we didn't
  7546. 4:54:23come close to the noic.
  7547. 4:54:26We didn't come close to the no. So this
  7548. 4:54:28is technically a valid trade. Right? But
  7549. 4:54:30here the rule says if price creates
  7550. 4:54:32external structure before tapping change
  7551. 4:54:34of character before tapping it's not a
  7552. 4:54:35valid trade anymore. Why? So you see how
  7553. 4:54:37we we made a new structure we made new
  7554. 4:54:39higher low in this case this noic
  7555. 4:54:41wouldn't be valid anymore. And the
  7556. 4:54:43reason for that is when price comes back
  7557. 4:54:46to the noick what is this going to be
  7558. 4:54:49this right here is going to be a change
  7559. 4:54:52of character and that would be the first
  7560. 4:54:54step of switching to an to a downtrend.
  7561. 4:54:57That's why this wouldn't be a valid
  7562. 4:54:58trade because imagine now price decides
  7563. 4:55:00to do something like this and then like
  7564. 4:55:02this and then you can expect to hit stop
  7565. 4:55:04loss, right? That's why this is very
  7566. 4:55:07important rule. If price
  7567. 4:55:09makes structure before tapping the
  7568. 4:55:11noick, you're not allowed to take the
  7569. 4:55:13trade anymore. All right? Because then
  7570. 4:55:16we technically switching the trend when
  7571. 4:55:17whenever we tap the noick. So whenever
  7572. 4:55:20we come and tap the noick
  7573. 4:55:23now, even if this is in in 10 candles,
  7574. 4:55:25this wouldn't be valid. Why? Because we
  7575. 4:55:27made already structure.
  7576. 4:55:30Third rule, trade any session except
  7577. 4:55:32MTZ, no trading zone. So you're allowed
  7578. 4:55:35to trade Asia, London, New York, but
  7579. 4:55:37you're not allowed to trade the no
  7580. 4:55:38trading zone, which you're going to find
  7581. 4:55:39with the free indicator the hours that
  7582. 4:55:41you're not allowed to trade. Do not
  7583. 4:55:44trade consolidation, choppy, sideway
  7584. 4:55:46market. So if the market is looking
  7585. 4:55:48something like this, although yes,
  7586. 4:55:50technically we are still in uptrend, you
  7587. 4:55:52know, let's say something like this. We
  7588. 4:55:54are now in uptrend still. We didn't have
  7589. 4:55:56any change of character but the market's
  7590. 4:55:57just consolidating and then you see a
  7591. 4:55:59bullish noic here don't take this trade
  7592. 4:56:01because here we had a consolidation. So
  7593. 4:56:04even if the last thing that happened was
  7594. 4:56:05a bullish trend still don't take the
  7595. 4:56:08trade. Let me draw it in a better way.
  7596. 4:56:10So if we in uptrend like this and then
  7597. 4:56:12here we start consolidating like this
  7598. 4:56:16and then you see a bullish noic don't
  7599. 4:56:17take the trade because of this price is
  7600. 4:56:19unpredictable when there's
  7601. 4:56:20consolidation. This is would be
  7602. 4:56:22literally a 50/50 chance that we go up,
  7603. 4:56:2550/50 that we go down. So, I hate
  7604. 4:56:29gambling. That's why I don't like to
  7605. 4:56:31trade when the market is not giving me
  7606. 4:56:33clear signals. Now, avoid trading 15
  7607. 4:56:36minutes before and after news. So, 15
  7608. 4:56:39minutes before news, you're not allowed
  7609. 4:56:40to trade. 15 minutes after news, you're
  7610. 4:56:43not allowed to trade. And follow the
  7611. 4:56:45news rules that we went through in
  7612. 4:56:46depth.
  7613. 4:56:48price must return to the noic candle
  7614. 4:56:51with then 10 candles. So if price comes
  7615. 4:56:54back to the noick after the 10 candles
  7616. 4:56:56you're not allowed to take the trade
  7617. 4:56:58anymore. So if price comes back and by
  7618. 4:56:59the way this rarely happens like I might
  7619. 4:57:01even delete it as a rule because it
  7620. 4:57:02doesn't happen very often because
  7621. 4:57:04usually it's going to do structure or
  7622. 4:57:06something in between. So if it comes in
  7623. 4:57:08within one candle good two good three
  7624. 4:57:11good four good but if it comes let's say
  7625. 4:57:13this is the 10th candle you're allowed
  7626. 4:57:15to take the trade. If this is the 10th,
  7627. 4:57:18it doesn't tap it and then on the 11th
  7628. 4:57:20it taps it, you're not allowed to take
  7629. 4:57:21it. 12, 13, 14, same thing. All right.
  7630. 4:57:25So, yeah, these are the rules pretty
  7631. 4:57:26much. Very easy, very simple. Now,
  7632. 4:57:30after you enter the trade, you have to
  7633. 4:57:32set and forget. What do I mean by that?
  7634. 4:57:33So, you take the trade, you're not
  7635. 4:57:35allowed or not not allowed after you
  7636. 4:57:37take the trade, I don't want you to move
  7637. 4:57:39stop-loss, you know, take profit,
  7638. 4:57:42anything like that except in three
  7639. 4:57:43cases. So after you take the trade, just
  7640. 4:57:46leave it. Either we hit TP or we hit
  7641. 4:57:48stop loss. But there's three cases where
  7642. 4:57:50you should actually manage the trade
  7643. 4:57:52manually. First one is obviously the no
  7644. 4:57:54trading zone. So if we're going into the
  7645. 4:57:57no trading zone, then you're not allow
  7646. 4:57:59you should close the trade. That's the
  7647. 4:58:00case where you're not setting and
  7648. 4:58:01forgetting, right? That's the that's one
  7649. 4:58:03of the cases where you have to actually
  7650. 4:58:05interfere in the trade. Second one is
  7651. 4:58:07news. If there's 15 minutes left for
  7652. 4:58:09news, you have to close the trade
  7653. 4:58:11regardless if you're in profit or if
  7654. 4:58:12you're in draw down. Third case where we
  7655. 4:58:15should actually interfere with a valid A
  7656. 4:58:17setup against us, which is very rare and
  7657. 4:58:19doesn't happen very often is whenever we
  7658. 4:58:22get an valid A setup against us. Okay?
  7659. 4:58:27And I'm going actually go more in depth
  7660. 4:58:28about this right now. So, this doesn't
  7661. 4:58:32happen very often, but actually, you
  7662. 4:58:34know what? I'm going use this to explain
  7663. 4:58:37some a concept I haven't explained,
  7664. 4:58:39which most of you guys probably would
  7665. 4:58:40ask me about if I don't explain.
  7666. 4:58:43Oops.
  7667. 4:58:46So,
  7668. 4:58:49actually now let's talk about
  7669. 4:58:52no against us. That's what I'm going to
  7670. 4:58:53write. No against us.
  7671. 4:59:00So, what do you do whenever you get a no
  7672. 4:59:02against us? So, let's say we are in an
  7673. 4:59:04uptrend.
  7674. 4:59:06Boom.
  7675. 4:59:09And then here we have a bullish noick.
  7676. 4:59:13like this.
  7677. 4:59:15Boom. Price taps the noick. We enter the
  7678. 4:59:18buy. Blah blah blah.
  7679. 4:59:20Boom. Now, if we get a no against us,
  7680. 4:59:26let's say a bearish noick here, against
  7681. 4:59:28us, that's fine. All right. You don't
  7682. 4:59:30have to worry about it. You don't have
  7683. 4:59:32to do anything about it. It doesn't
  7684. 4:59:34stress me out too much. Why? Because
  7685. 4:59:36this is not a valid No. Okay. Now let's
  7686. 4:59:40say so that's why like if if this
  7687. 4:59:43happens I'm not worried about it. We yes
  7688. 4:59:45obviously it's not a good sign but we're
  7689. 4:59:47still in a in the good. Why? Because we
  7690. 4:59:49are in a still in a clear uptrend and we
  7691. 4:59:51have a bullish noick. So think about it
  7692. 4:59:53which one would work better a bullish
  7693. 4:59:55noick and a bullish trend or a bearish
  7694. 4:59:57noick and a bullish trend. You know what
  7695. 4:59:59I mean? So that's why I'm not too
  7696. 5:00:01stressed about this.
  7697. 5:00:03Now this could happen doesn't happen
  7698. 5:00:06very often where you have this case for
  7699. 5:00:09example and then you get a let's say
  7700. 5:00:11here you get a bearish noick. Okay this
  7701. 5:00:14one I would be a bit more worried about
  7702. 5:00:16and the reason for that is
  7703. 5:00:19this already did the first step of the
  7704. 5:00:22change of trend. So now we did the first
  7705. 5:00:24step of switching from an uptrend to a
  7706. 5:00:26downtrend. Now, this one I wouldn't be
  7707. 5:00:29really scared of, you know, like, okay,
  7708. 5:00:31cool. Would I still set and forget here?
  7709. 5:00:34Yes, probably. I would still hold this
  7710. 5:00:35trade. I wouldn't be as worried about
  7711. 5:00:37this noick. Uh because like it's not
  7712. 5:00:41like a deal breaker for me. This only
  7713. 5:00:43did the first step of the trend
  7714. 5:00:45shifting, but I didn't do the full trend
  7715. 5:00:47shifting. Now, this one I would be
  7716. 5:00:50scared of and actually I would take
  7717. 5:00:53actions into
  7718. 5:00:56if we're in an uptrend
  7719. 5:00:58and then we get a bullish let's say and
  7720. 5:01:00this doesn't this is the case I was
  7721. 5:01:01telling you about when you should break
  7722. 5:01:03the set and forget and this is doesn't
  7723. 5:01:05happen very often but sometimes it does
  7724. 5:01:07let's say price comes back to the noick
  7725. 5:01:10you enter the buy stop loss at the most
  7726. 5:01:13recent low TP1 right and as I said this
  7727. 5:01:16doesn't happen very often Price
  7728. 5:01:19came back to the noick. Nice.
  7729. 5:01:22Did something like this. Boom. Boom.
  7730. 5:01:24Let's say our TP is just to make it
  7731. 5:01:26easier now for me to draw was something
  7732. 5:01:28like this. And now you see we made a new
  7733. 5:01:30higher low. Higher high.
  7734. 5:01:33Let's say we make a new higher low.
  7735. 5:01:35Higher high. Okay. And here now we got a
  7736. 5:01:39change of character.
  7737. 5:01:41Boom.
  7738. 5:01:46And now we did something like this.
  7739. 5:01:49Something like this.
  7740. 5:01:51And now here we got a break structure.
  7741. 5:01:56And now let's say so you see now we
  7742. 5:01:58switch the trend from an uptrend to a
  7743. 5:01:59downtrend. And now let's say we got a
  7744. 5:02:02bearish noick. Yes, this I would
  7745. 5:02:04definitely be scared about because now
  7746. 5:02:07yes, although I'm in this trade, but
  7747. 5:02:08here we got this valid no. And that's
  7748. 5:02:11why in this case I would actually close
  7749. 5:02:12the buy zone here and enter the sell
  7750. 5:02:14zone here regardless if I was in draw
  7751. 5:02:16down, if I was in profit, I don't care.
  7752. 5:02:18I would get out of this trade and get
  7753. 5:02:19into this trade. Why? Because this trade
  7754. 5:02:21now is valid. So now this trade is not
  7755. 5:02:24valid anymore. And now we enter this
  7756. 5:02:26valid trade. All right? So this doesn't
  7757. 5:02:28happen very often, but this is one of
  7758. 5:02:29the cases where valid a setup against us
  7759. 5:02:33and I would have to break the set and
  7760. 5:02:34forget. I would leave the buys and enter
  7761. 5:02:36the sells in this case. All right.
  7762. 5:02:37Right. So now what I'm going to do real
  7763. 5:02:39quick I'm going to show you two examples
  7764. 5:02:41on the charts with with looking at the
  7765. 5:02:44core rules. So the what reason why I'm
  7766. 5:02:46doing this is I want to show you that an
  7767. 5:02:49example and then show to you based of
  7768. 5:02:51the core rules that how if it should
  7769. 5:02:53meet all the rules and so on. And after
  7770. 5:02:56that we're going to start the back test.
  7771. 5:02:58And the reason why I'm doing this is
  7772. 5:02:59because on the back test you know I'm
  7773. 5:03:01not going to go through every single
  7774. 5:03:02trade in depth. That's why I'm going to
  7775. 5:03:04go in depth right now as if we're
  7776. 5:03:05actually taking the trade and then we're
  7777. 5:03:07going to do the back test. So, as you
  7778. 5:03:09can see, we have a low, high, higher,
  7779. 5:03:11low, higher, high, higher, low, higher,
  7780. 5:03:13high, higher, low, higher, high. Here we
  7781. 5:03:15had the break structure. Perfect. Then
  7782. 5:03:16we got a bullish candle with no bottom
  7783. 5:03:18wick. So, first thing, trade with a
  7784. 5:03:20trend only. Bullish trend plus bullish
  7785. 5:03:22no equal buys. Bullish trend plus
  7786. 5:03:25bullish no equal buys. Perfect. In this
  7787. 5:03:26case, we're going to enter a buy.
  7788. 5:03:30Let's wait for it to come back first.
  7789. 5:03:33Boom. Came back. Stop loss for the buys
  7790. 5:03:37equal higher low. Stop loss for the buys
  7791. 5:03:40equal higher low. Perfect. Don't forget
  7792. 5:03:43breathing room. I'm not going to forget
  7793. 5:03:44that. No problem. Here's some breathing
  7794. 5:03:47room.
  7795. 5:03:51Minimum stop loss equal five pips before
  7796. 5:03:53breathing room. So before breathing
  7797. 5:03:54room, was this more than five pips? Yes,
  7798. 5:03:56it was seven. So we're good.
  7799. 5:04:01Take profit fixed at one. All right,
  7800. 5:04:03this is take profit at 1:1.
  7801. 5:04:09Omar entry only if the stop loss is
  7802. 5:04:11above 10 pips. Well, it's not above 10
  7803. 5:04:12pips. So, no need for an Omar entry.
  7804. 5:04:15If price comes close to the no, then
  7805. 5:04:17hits TP. You don't take you're not
  7806. 5:04:19allowed to take it. Well, it didn't do
  7807. 5:04:20that. If price create external structure
  7808. 5:04:22before tapping, didn't do that. Trade
  7809. 5:04:24any section except no trading zone.
  7810. 5:04:26Well, this is not a no trading zone. You
  7811. 5:04:28see,
  7812. 5:04:30do not trade consolidation, choppy,
  7813. 5:04:32sideway markets. Well, this is a clean
  7814. 5:04:33uptrend, so no, it's fine.
  7815. 5:04:37Price returning to no after 10 candles
  7816. 5:04:40max. Well, it came back within one
  7817. 5:04:42candle. All right, we're good. And boom.
  7818. 5:04:46You see, and this is just to show you
  7819. 5:04:48that all the rules that are put are put
  7820. 5:04:51for a reason because look, this is how
  7821. 5:04:53it would what would have happened if we
  7822. 5:04:55didn't have a breeding room. But because
  7823. 5:04:56of the breathing room, it saved us and
  7824. 5:04:59we didn't hit stop loss. You see what I
  7825. 5:05:01mean? This is just to show you every
  7826. 5:05:02single rule that I have is put for a
  7827. 5:05:04reason. Now, same exact example.
  7828. 5:05:09Um,
  7829. 5:05:10here we were in an uptrend and here we
  7830. 5:05:12had the internal down downtrend and then
  7831. 5:05:15now in uptrend again. We have a low
  7832. 5:05:16high, higher low, higher high, higher
  7833. 5:05:19low, higher high. All right.
  7834. 5:05:22And then we got a bullish candle with no
  7835. 5:05:23bottom wick. Price tab the no that's
  7836. 5:05:26when we enter the buy stop loss at the
  7837. 5:05:29most recent higher low so I'm breathing
  7838. 5:05:31room take profit
  7839. 5:05:34one to one
  7840. 5:05:38and then
  7841. 5:05:40boom
  7842. 5:05:41boom it end up hitting stop loss now why
  7843. 5:05:44did this trade not work out well simply
  7844. 5:05:46because the strategy doesn't have 100%
  7845. 5:05:48win rate and losses are part of the game
  7846. 5:05:51was this not a valid trade no it was a
  7847. 5:05:53valid trade and everything was good
  7848. 5:05:54about it just didn't work out. You see?
  7849. 5:05:56So, I'm showing you this to show you
  7850. 5:05:58like not every single trade is going to
  7851. 5:06:00end up hitting. At the end of the day,
  7852. 5:06:02strategy has 85%, not 100%. And with
  7853. 5:06:05that being said, now let's move to the
  7854. 5:06:06back testing. All right. All right. Now,
  7855. 5:06:09moment of truth. Now, I'm going to be
  7856. 5:06:11doing something not a single online guru
  7857. 5:06:13has its stomach to do. And you might be
  7858. 5:06:17like, "Okay, Omar, what's so special
  7859. 5:06:18about this?" Well, I'm going to tell you
  7860. 5:06:19in a second. So, what we're going to do
  7861. 5:06:21is going to be live back testing. And
  7862. 5:06:23I'm talking live. What do I mean by
  7863. 5:06:24life? We going to go to random bar,
  7864. 5:06:26random days. Days I never traded before,
  7865. 5:06:29never seen before. Or maybe I've traded
  7866. 5:06:31but I don't like back in the days that I
  7867. 5:06:32wouldn't even remember, you know, like
  7868. 5:06:342024, 2025, 2, three years back.
  7869. 5:06:38And here's the thing that I'm doing
  7870. 5:06:41that's going to be super because you
  7871. 5:06:42might be like, okay, Omar, but a lot of
  7872. 5:06:44people done this live back test, right?
  7873. 5:06:46Actually, it's not a lot of people, but
  7874. 5:06:47some people do this. Well, here's what
  7875. 5:06:49they do. Either they already know the
  7876. 5:06:51results. So what they would do is they
  7877. 5:06:52would see let's say this trade okay nice
  7878. 5:06:54this trade worked out and then they
  7879. 5:06:55would be like this and they tell you oh
  7880. 5:06:57now let's start the back test and they
  7881. 5:06:59do this and then they do this and they
  7882. 5:07:01tell you oh okay we found a bearish no
  7883. 5:07:03candle oh price t entering a cell boom
  7884. 5:07:05deep hit but they already know the
  7885. 5:07:07result so that's why would you be able
  7886. 5:07:09to actually know if they're lying or
  7887. 5:07:11they're being legit that's number one
  7888. 5:07:12I'm not going to do that I'm going to go
  7889. 5:07:13to a random bar second thing that they
  7890. 5:07:16do they cut and edit the videos so
  7891. 5:07:18whenever you cut and edit the video they
  7892. 5:07:19could literally go while they edit go
  7893. 5:07:22check it out, check what happened and
  7894. 5:07:23then they tell you if they taking the
  7895. 5:07:24trade or not. That's why I'm not going
  7896. 5:07:26to cut or edit any of this part. Right?
  7897. 5:07:29So once we start now, obviously
  7898. 5:07:31everything back I can edit. But now
  7899. 5:07:32starting once we start the back test,
  7900. 5:07:34I'm not allowed to edit this video
  7901. 5:07:35anymore. Third thing they do is they do
  7902. 5:07:39what is it called? They speed the video
  7903. 5:07:42like X2, X3, X10. And what happens is
  7904. 5:07:45you're not even going to be able to see
  7905. 5:07:46what's happening. So they would just
  7906. 5:07:48speed it up. They see a loss, they skip
  7907. 5:07:49it. And then whenever they see a win,
  7908. 5:07:51they pause. They tell you, "Oh, here you
  7909. 5:07:52go. This trade worked out." And you
  7910. 5:07:54wouldn't be able to see when they
  7911. 5:07:55actually took the loss. Fourth thing
  7912. 5:07:57they could do is having double monitors.
  7913. 5:07:58So they would have monitors that shows
  7914. 5:08:00them the results. Here's what I'm using.
  7915. 5:08:02You have the camera right there. And
  7916. 5:08:04this is my laptop. That's it. And I have
  7917. 5:08:06my mic here. And that's it. That's
  7918. 5:08:08literally all I'm using. So there is no
  7919. 5:08:10way to rig this. All right? And the
  7920. 5:08:12reason why I'm doing this is because I'm
  7921. 5:08:14so confident in my strategy that I don't
  7922. 5:08:16have to do a rigged system in order to
  7923. 5:08:18be able to pull good results. That's me
  7924. 5:08:19being straight up with you. So that's it
  7925. 5:08:22pretty much. And starting from this
  7926. 5:08:24point, I'm not allowed to edit anything.
  7927. 5:08:27All I have open here is my Forex Factory
  7928. 5:08:29in case we need to check if there's any
  7929. 5:08:31news. And that's it. Pretty much we're
  7930. 5:08:33going to start the back test. Let's do
  7931. 5:08:35the back test on CAD JPY. And then if we
  7932. 5:08:38have more time, we can maybe do futures
  7933. 5:08:40as well. So let's get it. All right.
  7934. 5:08:42Let's press on replay. Start new random
  7935. 5:08:46bar.
  7936. 5:08:47And this took us to May 2024. All right,
  7937. 5:08:50sounds good. Let's get it. Now, I just
  7938. 5:08:52want to say one thing because sometimes
  7939. 5:08:53we're going to be forced to close the
  7940. 5:08:54trade before no trading zone. So, if
  7941. 5:08:56we're up like 0.1%, I'm not going to
  7942. 5:08:59count as a win. And if we down like
  7943. 5:09:010.1%, I'm not going to count as a loss.
  7944. 5:09:03All right? So, just to make it fair, if
  7945. 5:09:06we get like anything less than half a
  7946. 5:09:08percent profit, anything less than half
  7947. 5:09:09a percent loss, I'm not simply not going
  7948. 5:09:11to count it as a win or as a loss
  7949. 5:09:13because it wouldn't make sense for, you
  7950. 5:09:15know, for the win rate. And
  7951. 5:09:18that's it pretty much. Let's get it.
  7952. 5:09:23All right. That'll be a good trade right
  7953. 5:09:24there.
  7954. 5:09:43[snorts]
  7955. 5:09:50Perfect.
  7956. 5:09:53Done. One more entry.
  7957. 5:09:57Perfect. 20 pips. One to one.
  7958. 5:10:10All right, that's my first trade.
  7959. 5:10:15And once we tap this level,
  7960. 5:10:19yeah, this level is good. Once we tap
  7961. 5:10:22here, I'm going to move stop loss to
  7962. 5:10:23break even.
  7963. 5:10:29Okay, we consolidating a lot, which is
  7964. 5:10:31not something I like.
  7965. 5:10:34All right.
  7966. 5:10:39Don't like this consolidation.
  7967. 5:10:48W breathing, bro.
  7968. 5:10:51Um, okay, we broke the highs. That's
  7969. 5:10:54good.
  7970. 5:10:55Okay, that's good. Perfect.
  7971. 5:11:05Boom. Let's go. That would be the first
  7972. 5:11:09win right there.
  7973. 5:11:11This is just to show you the importance
  7974. 5:11:12of the breeding room. Like if I didn't
  7975. 5:11:14have breathing room here, I would have
  7976. 5:11:16been stopped out cuz this is technically
  7977. 5:11:18the higher low. So if I didn't have more
  7978. 5:11:19breathing room, I would have been
  7979. 5:11:21stopped out. So telling you guys, every
  7980. 5:11:24single rule that's put is put for a
  7981. 5:11:26reason.
  7982. 5:11:32Oh, that's a good trade, too.
  7983. 5:11:35Perfect.
  7984. 5:11:58Boom.
  7985. 5:12:00That's the second dub. Perfect. Two wins
  7986. 5:12:03so far. Two zero. Okay. I'm not going to
  7987. 5:12:05take this one just simply because of the
  7988. 5:12:07no trading zone.
  7989. 5:12:09Nice.
  7990. 5:12:11This one would have taken forever
  7991. 5:12:12though.
  7992. 5:12:18Oh, that's a good trade. That's a really
  7993. 5:12:20good trade. Did we break this? No, we
  7994. 5:12:22didn't.
  7995. 5:12:25That's a really good trade.
  7996. 5:12:40Okay.
  7997. 5:12:42Let me see something real quick. Yeah,
  7998. 5:12:44exactly.
  7999. 5:12:45I'mma move stop loss to break even here.
  8000. 5:12:48And boom. That's the third one right
  8001. 5:12:51there. So three zero so far. Telling you
  8002. 5:12:54guys it's super simple when you have
  8003. 5:12:56such a mechanical strategy. Super super
  8004. 5:12:58simple. Like it's trading is so easy. I
  8005. 5:13:01don't know why some people over
  8006. 5:13:02complicated with all ICT and SMC and all
  8007. 5:13:05of that Man, I genuinely don't
  8008. 5:13:08get it.
  8009. 5:13:13No, that would be C set up.
  8010. 5:13:16Oh, would have been nice, but C set up
  8011. 5:13:18still. Okay, let's see this one.
  8012. 5:13:22High, low, lower, high, lower, low,
  8013. 5:13:24lower, high, lower, low. Change of
  8014. 5:13:25character. High, lower, high, high.
  8015. 5:13:29We didn't break this high. Okay.
  8016. 5:13:31Potential low. Change of character.
  8017. 5:13:34High, low, lower, high, lower, low.
  8018. 5:13:38It is a valid trade.
  8019. 5:13:41Let just remove this blue line. Boom.
  8020. 5:13:44Stop loss at the most recent lower high.
  8021. 5:13:46So breathing room
  8022. 5:13:53TP1 121. Oh, it did already hit. Nice.
  8023. 5:13:57Amazing.
  8024. 5:14:00So that's 4. In case you didn't
  8025. 5:14:02understand this trade, cuz I maybe went
  8026. 5:14:03too fast on it. It was simple. We had a
  8027. 5:14:06low, high, higher, low, higher, high.
  8028. 5:14:09Let me just do this. We had a low high
  8029. 5:14:12higher low higher high. Then here we had
  8030. 5:14:14the change of character to the downside
  8031. 5:14:15and then we had a high low lower high
  8032. 5:14:18lower low. So this was the break
  8033. 5:14:20structure and then we got a bearish no
  8034. 5:14:22price stop loss at the most recent high
  8035. 5:14:24some breathing room and TP1 121. That's
  8036. 5:14:26it pretty much. So 4 Z so far.
  8037. 5:14:42That was a good trade. Only problem with
  8038. 5:14:44this trade is I don't think it's going
  8039. 5:14:47to have time to play out.
  8040. 5:14:49I genuinely don't think it's going to
  8041. 5:14:50have time. Most probably it's not going
  8042. 5:14:52to have time to play out. That's why I'm
  8043. 5:14:54just going to skip this. Yeah, it's not
  8044. 5:14:56going to have time.
  8045. 5:14:59Uh, okay. Yeah, I mean it's a break even
  8046. 5:15:02trade. So,
  8047. 5:15:04that would be a break even trade right
  8048. 5:15:05there because we tapped the no trading
  8049. 5:15:06zone. It is a technically a win, but
  8050. 5:15:08it's like small win. So, I wouldn't even
  8051. 5:15:10count it as a win. So, yeah.
  8052. 5:15:29Okay, good.
  8053. 5:15:34I missed this one. I had the
  8054. 5:15:37change of character. Low, high, higher,
  8055. 5:15:39low, higher, high. But I wasn't very
  8056. 5:15:40confident in it either ways. It's fine.
  8057. 5:15:46No.
  8058. 5:15:53Oh, that's a really good trade if
  8059. 5:15:55comebacks comes back. That's also a good
  8060. 5:15:58trade.
  8061. 5:16:01Now, only problem with this is top loss
  8062. 5:16:03has to be massive.
  8063. 5:16:06Yeah, it's a very big stop loss.
  8064. 5:16:11You know, I'm not going to take this. We
  8065. 5:16:13don't have enough time to hit the no
  8066. 5:16:14trading zone and the stop loss is big.
  8067. 5:16:17Here you go. Would have been a break
  8068. 5:16:18even trade
  8069. 5:16:20and
  8070. 5:16:26Nope.
  8071. 5:16:29Oh, it worked out actually, funny
  8072. 5:16:30enough.
  8073. 5:16:32Oh, that's a really good trade right
  8074. 5:16:33there. Perfect.
  8075. 5:16:37Boom.
  8076. 5:16:38Stop loss at the higher low.
  8077. 5:16:41Some breathing room. So, 12.5 13.5.
  8078. 5:16:45See where
  8079. 5:17:18This is my stop loss for break even
  8080. 5:17:20line. Um,
  8081. 5:17:30I don't know if I want to close a break
  8082. 5:17:32even because this is lowkey scaring me.
  8083. 5:17:35Exactly.
  8084. 5:17:37All right, that's a break even trade for
  8085. 5:17:39me. I mean, we kind of doing an internal
  8086. 5:17:41downtrend and we got a bearish noick, so
  8087. 5:17:44I wouldn't want to have a you I don't
  8088. 5:17:46want to risk it. Would that have
  8089. 5:17:47played out? It would have played out
  8090. 5:17:50funny enough. Now, that's on me though.
  8091. 5:17:52But yeah, I'm not going to count as when
  8092. 5:17:53I said I'm close as was a break even
  8093. 5:17:55trade
  8094. 5:17:58just so we're not biased. You see like
  8095. 5:18:00this example, what they would do is they
  8096. 5:18:02would cut this part and then they were
  8097. 5:18:03like, "Oh, here we go. We call this
  8098. 5:18:05win." I'm not going to do that. I said
  8099. 5:18:08I'm going to close at break even and I'm
  8100. 5:18:09a man of my word, right? That's a good
  8101. 5:18:12trade right there.
  8102. 5:18:21Yeah, definitely a good trade.
  8103. 5:18:28This is most probably news.
  8104. 5:18:3310th of May, 2024. Most probably this
  8105. 5:18:36has to be news.
  8106. 5:18:382024
  8107. 5:18:4110th of May.
  8108. 5:18:47That is news unfortunately.
  8109. 5:18:49All right, no problem. We're not going
  8110. 5:18:51to count as a win either.
  8111. 5:19:08Okay, we never had the change of
  8112. 5:19:09character. So, this was internal
  8113. 5:19:11structure.
  8114. 5:19:13Not good. Oh, that's a very good trade.
  8115. 5:19:16Amazing trade. Have a low, high, higher,
  8116. 5:19:18low, higher, high, higher, low, higher,
  8117. 5:19:20high, higher, low, higher, high. Change
  8118. 5:19:22of character for Oh my god. This I'mma
  8119. 5:19:24tell you about in the secret sauce.
  8120. 5:19:25Remind me to tell you about it. This is
  8121. 5:19:27the one of my best setups actually.
  8122. 5:19:30Very, very, very good trade because I
  8123. 5:19:32know some of you all see this as a C
  8124. 5:19:34setup. In reality, it's not. I'm going
  8125. 5:19:35to tell you about it later after the
  8126. 5:19:37back test because I just remember that I
  8127. 5:19:39forgot to mention. It doesn't happen
  8128. 5:19:40very often, but this is a really good
  8129. 5:19:42setup. You had a change of character
  8130. 5:19:44followed by a change of character, but
  8131. 5:19:46there is certain rules you have to
  8132. 5:19:47follow in this case. That's a good
  8133. 5:19:49trade, but unfortunately, we have the
  8134. 5:19:50old trading zone approaching. So would
  8135. 5:19:52then actually no it's not even valid
  8136. 5:19:54because top post would be less than
  8137. 5:19:56five.
  8138. 5:19:57[snorts]
  8139. 5:19:58All right.
  8140. 5:20:01Uh
  8141. 5:20:04yeah no I'm not going to take this.
  8142. 5:20:06Technically this is the higher low. So
  8143. 5:20:08stop loss will be zero pips
  8144. 5:20:11and it would have worked out. This would
  8145. 5:20:14would have been valid as well but I
  8146. 5:20:15don't think it's five pips. Yeah it's
  8147. 5:20:17not more than five.
  8148. 5:20:28Low, high, higher, low, higher, high,
  8149. 5:20:30potential low.
  8150. 5:20:33We didn't break the high. So, this is
  8151. 5:20:34another higher low. This is still a
  8152. 5:20:36potential higher low. This is Yeah, stop
  8153. 5:20:39post have to be huge on this one.
  8154. 5:20:45Maybe not huge, but I don't want to
  8155. 5:20:47count this as structure.
  8156. 5:20:49I want to have my stop loss here. Then
  8157. 5:20:52it's going to be huge.
  8158. 5:20:55I want to have it here.
  8159. 5:20:59I'm not confident in this.
  8160. 5:21:07I'm not so confident in this.
  8161. 5:21:13That is the higher go.
  8162. 5:21:15[snorts]
  8163. 5:21:21Yeah, you know what? I'm not going to
  8164. 5:21:23take this trade for it's a valid setup,
  8165. 5:21:25but it's not a good setup.
  8166. 5:21:27This is one of these valid setups and
  8167. 5:21:29not good setups. And I believe it's
  8168. 5:21:30still going to work out. Uh this is just
  8169. 5:21:33internal structure not valid. Yeah, it's
  8170. 5:21:35good I didn't take it. It was a valid
  8171. 5:21:37setup, but it's just not a good setup.
  8172. 5:21:42Now you're going to be asking wondering
  8173. 5:21:43what is a valid what is a valid setup
  8174. 5:21:45but not a good setup. I'm going also
  8175. 5:21:47explain to you in a second
  8176. 5:22:07on the table. So sleepy. So tired right
  8177. 5:22:10now. I'm so tired right now.
  8178. 5:22:14Hang on the table.
  8179. 5:22:21I've been recording for so long. All
  8180. 5:22:22right, finally a good trade. Uh low
  8181. 5:22:25high. Yeah, that's a good trade. I'm so
  8182. 5:22:28tired. You guys don't even understand. I
  8183. 5:22:30lacking sleep. Like I actually literally
  8184. 5:22:32took a nap before I started this because
  8185. 5:22:34I was so exhausted. I literally slept on
  8186. 5:22:37the sofa for a bit.
  8187. 5:22:42Yeah, this is just price is just
  8188. 5:22:44ranging. I don't know if I want to stay
  8189. 5:22:45in this trade anymore. Yep. Nope. I'm
  8190. 5:22:47out.
  8191. 5:22:55Yeah, I'm out.
  8192. 5:23:07on the table.
  8193. 5:23:15That's a good trade. Low, high, internal
  8194. 5:23:18structure, higher, low, higher, high.
  8195. 5:23:19Finally, some action. Is it more than
  8196. 5:23:21five pips, though? Because I feel like
  8197. 5:23:23I'm too zoomed in now.
  8198. 5:23:27Change of character here. Low high
  8199. 5:23:29internal downtrend bomb structure.
  8200. 5:23:33What's this? Oh, it is more than five.
  8201. 5:23:34Let me double check on this.
  8202. 5:23:40Doesn't count it though.
  8203. 5:23:44Stop loss would be too big. If I have it
  8204. 5:23:46at this low,
  8205. 5:23:52stop loss would be huge.
  8206. 5:23:57Okay, I'm going do the five minutes
  8207. 5:23:58trick. Find the nearest structure. Boom.
  8208. 5:24:02EP1 121. That's it.
  8209. 5:24:06That's how I would take this trade.
  8210. 5:24:09Boom.
  8211. 5:24:10Amazing setup. 6.
  8212. 5:24:16Technically, stop loss should be here,
  8213. 5:24:18but this is an exception because I don't
  8214. 5:24:19want to have my stop loss this big. And
  8215. 5:24:21also, I don't want to have it this
  8216. 5:24:22close. like it is more still more than
  8217. 5:24:24five but also we have this imbalance
  8218. 5:24:26right here that's why I wouldn't be very
  8219. 5:24:27confident putting it directly under it
  8220. 5:24:29so with the breeding room also I'm
  8221. 5:24:31covering in this case this noick right
  8222. 5:24:32here in case price tabs and then pumps
  8223. 5:24:35I'm also covering that part that's a
  8224. 5:24:38very good trade right there but did we
  8225. 5:24:39break the highs we didn't break the
  8226. 5:24:41highs we didn't break the highs that's
  8227. 5:24:44the problem all right now we broke the
  8228. 5:24:45highs now it'll be even better trade
  8229. 5:24:50so lows highs stop loss Storm 1 to1 TP.
  8230. 5:25:15That's where I'm going to most top us
  8231. 5:25:16break even if we get the chance.
  8232. 5:25:20That's a good trade, too.
  8233. 5:25:23And boom. Stop loss hit. So, that's our
  8234. 5:25:25first stop loss, guys. First sell. It's
  8235. 5:25:29still a very good trade, actually. Like,
  8236. 5:25:30we broke the highs. Especially after it
  8237. 5:25:32broke the highs. Like, before that, I'm
  8238. 5:25:33like, uh, iffy about it, but after we
  8239. 5:25:35broke the highs, I'm like, "Okay, cool.
  8240. 5:25:36Price came back, tapped it again,
  8241. 5:25:40and yeah, that's it. It just didn't work
  8242. 5:25:42out." Amazing. I'm not even going to
  8243. 5:25:45check if this was news or not, cuz even
  8244. 5:25:46if it is, I would have been stopped out
  8245. 5:25:49before. Uh, maybe not stopped out. No,
  8246. 5:25:51we wouldn't have been stopped out, but
  8247. 5:25:53like it's still very close to stop loss,
  8248. 5:25:55so I'm not going to check it. It's I'm
  8249. 5:25:57going to take the L.
  8250. 5:26:02This is definitely news. Yeah, 3:30.
  8251. 5:26:11Bees on the table. Oh, that's a very
  8252. 5:26:14good trade. High, low, lower, high,
  8253. 5:26:16lower, low. Change of character. high
  8254. 5:26:18low internal uptrend high low higher low
  8255. 5:26:22higher high that's a very good trade
  8256. 5:26:24right there and also this one would be a
  8257. 5:26:26good trade
  8258. 5:26:29thing is I thought it is in the no
  8259. 5:26:31trading zone but it is actually outside
  8260. 5:26:32of it boom
  8261. 5:26:35now so a lot of people would do this
  8262. 5:26:37mistake where they would come and put
  8263. 5:26:39their stop loss here but this wouldn't
  8264. 5:26:41be valid because we still didn't break
  8265. 5:26:43the highs yet so that's why this would
  8266. 5:26:45be the stop loss breathing on TP1 to1.
  8267. 5:26:49Oh my god. No way.
  8268. 5:26:52No.
  8269. 5:26:55So I said,
  8270. 5:26:57so please don't break my heart.
  8271. 5:27:02Don't tear me apart.
  8272. 5:27:05All right, that's a break even trade
  8273. 5:27:07most probably. Uh,
  8274. 5:27:15damn. It came so close to take profit,
  8275. 5:27:17guys. I just want to sleep.
  8276. 5:27:20Got to take a decision or
  8277. 5:27:26Okay, let me see the next candle. Nice.
  8278. 5:27:30Let me see the next candle. Nice. All
  8279. 5:27:33right, you know what? it. I'm just
  8280. 5:27:35going to remove stop move stop loss to
  8281. 5:27:36break even. I'm scared now because this
  8282. 5:27:39technically should have hit TP if I
  8283. 5:27:41didn't have as much breathing room.
  8284. 5:27:46Oh, that's that's a good trade. That's
  8285. 5:27:48right there is a good trade.
  8286. 5:27:51High, low, lower, high, lower, low,
  8287. 5:27:52lower, high, lower, low. Okay. And low
  8288. 5:27:56high. Ah, but we never had the three
  8289. 5:27:57steps confirmation though. That's the
  8290. 5:27:59only problem. We never did the three
  8291. 5:28:01steps confirmation. But it is a good
  8292. 5:28:03trade still for other reasons, but it is
  8293. 5:28:05still a good trade.
  8294. 5:28:12It's definitely like the thing is
  8295. 5:28:14according to what we're talking about
  8296. 5:28:16right now that I want to confuse you
  8297. 5:28:17guys but like it is a good trade overall
  8298. 5:28:20according to my rules but if you for
  8299. 5:28:22what we talked so far I haven't told you
  8300. 5:28:24this like how we have a high low lower
  8301. 5:28:25lower higher lower low then we had a
  8302. 5:28:27change of character then we had a change
  8303. 5:28:28of character then we had a low high
  8304. 5:28:30higher low higher higher low higher high
  8305. 5:28:32right but if you think about it we only
  8306. 5:28:36had a change of character and we never
  8307. 5:28:37had a break structure. So, we didn't do
  8308. 5:28:39the three steps confirmation. I
  8309. 5:28:41personally still have a certain rules to
  8310. 5:28:44for this. But
  8311. 5:28:47for what we've talked about so far, you
  8312. 5:28:49guys don't know about it. This is small
  8313. 5:28:52stop-loss. Unfortunately,
  8314. 5:29:05none of that. That's just choppy market.
  8315. 5:29:07Okay, finally good trade. Then tap.
  8316. 5:29:18Not even Omar entry would work here.
  8317. 5:29:39What was going on in 24? Why was the
  8318. 5:29:41market so choppy?
  8319. 5:29:462024. I don't remember any of the big
  8320. 5:29:49crisis happening.
  8321. 5:30:14Nice.
  8322. 5:30:17Seven. Wait, did I Oh, I swear I'm so
  8323. 5:30:21tired. So, this this is the trade. We
  8324. 5:30:22had a clean downtrend. Bearish. No way.
  8325. 5:30:25Blah blah blah. I believe I have the
  8326. 5:30:28stats wrong. It should be 72.
  8327. 5:30:33There is a loss that I missed. I think.
  8328. 5:30:38Yeah, this one. This one. This one. I
  8329. 5:30:40didn't write it. thing is when I'm back
  8330. 5:30:42testing usually I don't actually put
  8331. 5:30:44these unless if I have to but yeah this
  8332. 5:30:47would have been a loss according to my
  8333. 5:30:48rules something I haven't talked about
  8334. 5:30:50on YouTube so that's why I want to still
  8335. 5:30:53count it as a loss because I would have
  8336. 5:30:56taken it in real life just I haven't
  8337. 5:30:58told you guys about it yet now I'm going
  8338. 5:31:01talk about it after I finish the back
  8339. 5:31:02test as well in the secret sauce all
  8340. 5:31:05right let's take one more trade
  8341. 5:31:08uh that would be invalid this one would
  8342. 5:31:10be valid It's not. Didn't tap. I mean,
  8343. 5:31:14right. One more trade. Come on, guys.
  8344. 5:31:18One more time. That's a C setup.
  8345. 5:31:23That's not a good trade. Well, that's a
  8346. 5:31:24very good trade. Finally, something some
  8347. 5:31:26action. Low, high, higher, low, higher,
  8348. 5:31:28high. This is the exact same trade as
  8349. 5:31:30the one I was telling you about before
  8350. 5:31:31earlier. Boom. Stop loss at the higher
  8351. 5:31:34low. Breathing room TP 1:1. I mean, this
  8352. 5:31:38would you could have caught more than
  8353. 5:31:39one. Funny enough, this one I wouldn't
  8354. 5:31:41have taken, but here after we made the
  8355. 5:31:43structure and so on, I would definitely
  8356. 5:31:45take this one at least. Okay,
  8357. 5:31:48final result 8.
  8358. 5:31:52Should we wait for this? This is a
  8359. 5:31:53really good trade as well.
  8360. 5:31:56Yeah, this is actually a really good
  8361. 5:31:57trade as well. Never mind. Never tapped.
  8362. 5:32:00Okay, this is amazing trade. Only thing
  8363. 5:32:03is stop loss is huge. it. I don't
  8364. 5:32:05want to ruin my win rate. I got A2. All
  8365. 5:32:08right, so that's it for the back test. I
  8366. 5:32:10hope you guys enjoyed it. All right, so
  8367. 5:32:12that was the back test. You saw the
  8368. 5:32:13results in front of your eyes. You
  8369. 5:32:15already seen the results and amazing. We
  8370. 5:32:18got eight wins, two losses. Obviously,
  8371. 5:32:19this is a very small sample size. This
  8372. 5:32:21is not enough to tell if the strategy is
  8373. 5:32:23good or not, but you don't get 80% by
  8374. 5:32:25luck, right? And if you do it more over
  8375. 5:32:29thousands of trades, you will be able to
  8376. 5:32:30reach the 85%. Because now one loss or
  8377. 5:32:32one win will change the win rate
  8378. 5:32:34drastically. So now you almost know
  8379. 5:32:36everything I know. And the reason why
  8380. 5:32:38I'm saying almost is there is some
  8381. 5:32:40secret sauce which we're going to talk
  8382. 5:32:41about right now. The only thing is I'm
  8383. 5:32:44very very very tired. Like I haven't I
  8384. 5:32:46haven't been sleeping good because of
  8385. 5:32:48this video. But let's get it right.
  8386. 5:32:49Let's get into the secret sauce. All
  8387. 5:32:51right. All right. So here's the secret
  8388. 5:32:52sauce. And I don't like to use the word
  8389. 5:32:54secret, but it is technically a secret
  8390. 5:32:56sauce. So now you know the strategy,
  8391. 5:32:59right? You know what's going on. You
  8392. 5:33:00know what's up. You know the market
  8393. 5:33:02structure. You know it candles. You've
  8394. 5:33:05seen the back test. You've seen the
  8395. 5:33:06results. Now, there is some stuff that I
  8396. 5:33:08haven't talked about cuz let me ask you
  8397. 5:33:10this question. Let's say we're in a
  8398. 5:33:11downtrend and then we get a change of
  8399. 5:33:12character and then we get a change of
  8400. 5:33:13character. What are we now? Are we in an
  8401. 5:33:15uptrend? Are we in a downtrend? Do we
  8402. 5:33:16still need to see a three-steps
  8403. 5:33:17confirmation? Is this trade valid or no?
  8404. 5:33:21Let's say we're in a clear downtrend and
  8405. 5:33:22then we get an internal uptrend and then
  8406. 5:33:24we have a change of character. Would
  8407. 5:33:25this trade be valid or no? Because you
  8408. 5:33:27might be thinking, oh, but we need to do
  8409. 5:33:29a change of character and break
  8410. 5:33:30structure. But here you might someone
  8411. 5:33:32else would say, okay, we have a break
  8412. 5:33:33structure here. So, is this a valid
  8413. 5:33:34trade or no? How much breathing room
  8414. 5:33:37should you leave? And the reason for
  8415. 5:33:39this is I used to back in the day say,
  8416. 5:33:40"Okay, just do 10%." But I've realized
  8417. 5:33:42there is a way better way to do it. Only
  8418. 5:33:44thing is it needs you actually need to
  8419. 5:33:46know how much breathing room to do and
  8420. 5:33:49you need to adjust it with some other
  8421. 5:33:51confluences such as moving stop loss to
  8422. 5:33:54break even at certain level if you have
  8423. 5:33:57a lot of breathing room and there's
  8424. 5:34:00small details that you have to follow
  8425. 5:34:01there as well. All right. When should
  8426. 5:34:03you target more than one to one or R?
  8427. 5:34:05Especially if you're a futures trader
  8428. 5:34:07and only also in forex but like mostly
  8429. 5:34:09for futures traders. When should you
  8430. 5:34:11target more than one to one or R? How
  8431. 5:34:13can you do that as well? Um is this is
  8432. 5:34:17every valid setup a good setup to take?
  8433. 5:34:19Like this one. Okay, this is a valid
  8434. 5:34:20setup. Is a good setup. So what are the
  8435. 5:34:22valid setups and what are the good
  8436. 5:34:24setups? Because not every single valid
  8437. 5:34:26setup is a good setup, right? A market
  8438. 5:34:29could look something like this. Clean
  8439. 5:34:31uptrend, right? And then we do something
  8440. 5:34:33like this. And then here we see a
  8441. 5:34:35bullish noic. I don't think I would be,
  8442. 5:34:37you know, taking this. And then what is
  8443. 5:34:39the max stop loss that you should take
  8444. 5:34:40per trade? How do you actually know? Is
  8445. 5:34:42it just a number? Should I just tell you
  8446. 5:34:4420 pips? Or is there actually a way to
  8447. 5:34:45know what's the max stop loss? What is
  8448. 5:34:47the S setup? Because now you know about
  8449. 5:34:49the A setup, C setup. What is the S
  8450. 5:34:51setup? This is doesn't happen very
  8451. 5:34:53often. But there is something we call S
  8452. 5:34:55setup where you take and you don't take
  8453. 5:34:57as the normal NOIC. Actually, you don't
  8454. 5:34:59take the entry on the NOIC itself. No,
  8455. 5:35:00you take it like it's a combination with
  8456. 5:35:02the Omar entry but with other
  8457. 5:35:04confluences and that's why it's called
  8458. 5:35:05the S setup. What are the other extra
  8459. 5:35:07confluences that I use while I'm trading
  8460. 5:35:10the noe strategy? Um
  8461. 5:35:13I in general don't like to look at
  8462. 5:35:14higher time frames but is there any
  8463. 5:35:16certain cases where I would do that? Now
  8464. 5:35:18you see there is a lot of stuff that you
  8465. 5:35:20still need to learn. Now, this video
  8466. 5:35:22have been going on for I don't know
  8467. 5:35:23maybe I've been recording for more than
  8468. 5:35:2510 hours and I'm genuinely like cuz I
  8469. 5:35:27didn't do it like how all these people
  8470. 5:35:29do that just get videos combined. I did
  8471. 5:35:31it literally in two nights and I
  8472. 5:35:33literally haven't been sleeping. So, I'm
  8473. 5:35:36extremely exhausted right now. Now, the
  8474. 5:35:38best part is I have videos about these
  8475. 5:35:39what I just asked you about and they're
  8476. 5:35:41in the Discord. All right? So, I have
  8477. 5:35:43videos explaining this but hear me out
  8478. 5:35:44before we talk about that. um this is
  8479. 5:35:48like I don't know maybe 60 to 70% of
  8480. 5:35:53what's the videos that I haven't shared
  8481. 5:35:55on YouTube right there is so much more
  8482. 5:35:57source that I could share but the thing
  8483. 5:35:59is I only have a certain capacity to be
  8484. 5:36:02able to share for my mental energy for
  8485. 5:36:05my life you know at the end of the day
  8486. 5:36:06I'm doing this video for completely for
  8487. 5:36:08free and at the end of the day I have to
  8488. 5:36:12prioritize my own mental health and best
  8489. 5:36:14part is I have all of this recorded
  8490. 5:36:15already. So, it wouldn't make sense for
  8491. 5:36:17me to record it more than one time. I
  8492. 5:36:19have more than 40 hours of content in my
  8493. 5:36:21Discord. Now, here's the thing.
  8494. 5:36:24You now you all, as I said, you almost
  8495. 5:36:26know everything I know. All right,
  8496. 5:36:28almost. And focus on the word almost.
  8497. 5:36:30And the reason why I'm saying almost is
  8498. 5:36:32because first thing, there's a lot of
  8499. 5:36:34other stuff that you need to learn that
  8500. 5:36:35I haven't shared on YouTube like I
  8501. 5:36:37showed you and a bit more. So, these you
  8502. 5:36:40need to learn and I have them in
  8503. 5:36:42Discord. Second reason, I could post 20
  8504. 5:36:46videos about market structure, but if I
  8505. 5:36:49don't sit with you face to face or
  8506. 5:36:52online and teach you how to read market
  8507. 5:36:55structure, you're never going to be able
  8508. 5:36:57to read the way I read it. Right? I
  8509. 5:36:59could give you thousands of videos,
  8510. 5:37:01explain to you everything I know, but if
  8511. 5:37:03I don't see you drawing the market
  8512. 5:37:06structure in front of my eyes, I'm not
  8513. 5:37:07going to be able to tell you what you're
  8514. 5:37:09doing right and what you're doing wrong.
  8515. 5:37:11the indicator. The reason why I removed,
  8516. 5:37:14as I said, you have the free indicator
  8517. 5:37:16completely for free. You can use that.
  8518. 5:37:17But for the market structure, the reason
  8519. 5:37:19why I removed this indicator from
  8520. 5:37:22YouTube or online is because people were
  8521. 5:37:25using it wrong. And the way I read
  8522. 5:37:27market structure, we actually in the
  8523. 5:37:29community, we read it mechanically. We
  8524. 5:37:31don't read it like how I was just
  8525. 5:37:34showing you right now. No, we read it
  8526. 5:37:35through the indicator. So, it's
  8527. 5:37:37completely mechanical. And also that's
  8528. 5:37:39something you need to learn how to use.
  8529. 5:37:42And to be able to learn how to use it, I
  8530. 5:37:44have to be with there with you.
  8531. 5:37:47Fourth thing I could tell you right now,
  8532. 5:37:49go and back test. And I bet you're not
  8533. 5:37:50going to or maybe you will get good
  8534. 5:37:52results. But here's the thing. If you
  8535. 5:37:54get good results or if you get bad
  8536. 5:37:56results, how would you know that you're
  8537. 5:37:58doing everything correct? How would you
  8538. 5:38:01know that every single trade that you're
  8539. 5:38:02taking is good? Because the way we do it
  8540. 5:38:04in my community and in my mentorship,
  8541. 5:38:06whenever someone joins, they have to
  8542. 5:38:08watch the videos and then they have to
  8543. 5:38:10back test themselves. And when they back
  8544. 5:38:12test, they have to back this using a
  8545. 5:38:13journal. So you have to journal every
  8546. 5:38:15single trade. Win or loss, I'm going to
  8547. 5:38:18look at it. I'm going to tell you, okay,
  8548. 5:38:19this trade it lost because you did this
  8549. 5:38:22wrong. This trade won because you did
  8550. 5:38:24this right. Okay, this trade won, but
  8551. 5:38:27although it won, you did this wrong. And
  8552. 5:38:29you shouldn't be doing this in the
  8553. 5:38:30future. Otherwise, you're going to end
  8554. 5:38:31up losing again and again and again.
  8555. 5:38:34This trade loss and it's a normal loss.
  8556. 5:38:36So, I'm going to tell you over every
  8557. 5:38:37single trade that you take in order to
  8558. 5:38:39be accurate because this is the only way
  8559. 5:38:40for me to actually take all the
  8560. 5:38:42knowledge I have in my brain and put it
  8561. 5:38:43in your brain. Other than this, I'm not
  8562. 5:38:45going to be able to teach you. Other
  8563. 5:38:47than that, you'll also be having the
  8564. 5:38:50community. So, I'm talking right now
  8565. 5:38:52about what's included pretty much in the
  8566. 5:38:55system that we have in the mentorship in
  8567. 5:38:57the community. And I'm g show you the
  8568. 5:38:59results we were able to achieve and what
  8569. 5:39:01we were able to achieve. And what's
  8570. 5:39:03driving me crazy is people underestimate
  8571. 5:39:06the power of having someone to trade
  8572. 5:39:08with and someone to learn from. And I'm
  8573. 5:39:11focusing more on the part of actually
  8574. 5:39:13learning with people and trading with
  8575. 5:39:15people. Cuz when you take a loss right
  8576. 5:39:18now, what do you do? You go there, you
  8577. 5:39:21sit by yourself and you feel anxious,
  8578. 5:39:22you feel stressed, and you got nobody to
  8579. 5:39:24talk to. The difference in our family is
  8580. 5:39:27that we have each other to talk to.
  8581. 5:39:30Whenever we lose, we lose together.
  8582. 5:39:31Whenever we win, we win together because
  8583. 5:39:33we always send our trades together. Now,
  8584. 5:39:35this is not a signal group. I'm not
  8585. 5:39:37saying this like I'm going to be telling
  8586. 5:39:38you, oh, buy now, sell now. No, I don't
  8587. 5:39:40believe in this because if I teach you
  8588. 5:39:42[clears throat] how, you know, if I give
  8589. 5:39:44you a fish right now, you're going to
  8590. 5:39:45eat it, but you're going to be hungry
  8591. 5:39:46tomorrow. If I teach you how to fish,
  8592. 5:39:48you're going to be able to fish forever.
  8593. 5:39:50That's my goal in this community. My
  8594. 5:39:52goal is to teach every single person how
  8595. 5:39:54to trade the exact same way I do. Same
  8596. 5:39:56exact way all these other students are
  8597. 5:39:58getting their payouts consistently. Same
  8598. 5:40:00exact way how I was able to scale to
  8599. 5:40:02more than $50,000 a month consistently.
  8600. 5:40:06Now all of this is nice. All of this is
  8601. 5:40:08free obviously. But what is the actual
  8602. 5:40:11main source? Like you know because I
  8603. 5:40:14don't want I want to explain to you what
  8604. 5:40:16do we do here. All right. This
  8605. 5:40:19mentorship right here is not for anyone.
  8606. 5:40:21This is only for serious people who are
  8607. 5:40:24here to change their lives. If you're a
  8608. 5:40:25serious trader who's actually serious
  8609. 5:40:28about trading, who's actually serious
  8610. 5:40:29about making money. And by the way, just
  8611. 5:40:32because of the fact that you watch this
  8612. 5:40:33whole long video, I already know that
  8613. 5:40:35you're serious about trading. This
  8614. 5:40:36already tells me you already want to
  8615. 5:40:38actually take this as maybe not as a
  8616. 5:40:40career. Some people want to do it as a
  8617. 5:40:42career and I would love to help you with
  8618. 5:40:43that. Some people just want it to be as
  8619. 5:40:46a side hustle. Some people wanted to be
  8620. 5:40:48as something that can potentially
  8621. 5:40:49replace their 9 to5 and I get that cuz I
  8622. 5:40:51that was my dream and today I was able
  8623. 5:40:53to achieve it and that's exactly why I'm
  8624. 5:40:55teaching everyone else how to be able to
  8625. 5:40:58do the same. Now you might be wondering
  8626. 5:41:00okay Omar so you're talking about this
  8627. 5:41:03community this mentorship what is this
  8628. 5:41:05exactly I'm going tell you what this is
  8629. 5:41:07and before I do so I just want to show
  8630. 5:41:09you some of the results that we were
  8631. 5:41:10able to achieve. This is my student Ali.
  8632. 5:41:13My student Ali joined around a month and
  8633. 5:41:16a half ago. He didn't know what a candle
  8634. 5:41:19is. He joined two weeks. He after he
  8635. 5:41:22joined, he watched first of all my
  8636. 5:41:24exclusive content. He got the journal.
  8637. 5:41:27He got the indicator. He watched all the
  8638. 5:41:30other videos that we have. He introduced
  8639. 5:41:32himself in the community. Started to get
  8640. 5:41:34people. Started to back test. Started to
  8641. 5:41:36journal. And then when he started to
  8642. 5:41:38journal, I had to go through every
  8643. 5:41:40single trade that he took and reviewed
  8644. 5:41:43his journal trade by trade, win by win,
  8645. 5:41:46loss by loss. And then after that, he
  8646. 5:41:49went and started trading his funded
  8647. 5:41:50account. And guess what happened? Two
  8648. 5:41:53weeks later, he already got his first
  8649. 5:41:54payout. Week after he got his second
  8650. 5:41:57payout, and now Ali has all of these
  8651. 5:42:00funded accounts, and he's getting
  8652. 5:42:01consistent payouts. The guy was able to
  8653. 5:42:04request more than $8,000 in payouts. And
  8654. 5:42:06it's all in front of you. And this just
  8655. 5:42:10shows you some people stay keep trading
  8656. 5:42:13and they struggle for years and years
  8657. 5:42:15and years without even getting their
  8658. 5:42:17first payout. Then you got a guy like
  8659. 5:42:18Ali who's 19 years old who was able to
  8660. 5:42:21get more than I don't know it's like
  8661. 5:42:24closer to five figures in payouts in his
  8662. 5:42:26first month from trading. Now you might
  8663. 5:42:28like okay Omar this is an exception.
  8664. 5:42:30Well look at Justin. Justin join not
  8665. 5:42:33knowing what a candle is. By the way,
  8666. 5:42:34Ali and Justin, I have interviews with
  8667. 5:42:36them online on YouTube. Justin, I posted
  8668. 5:42:39his interview. Ali, I should post it in
  8669. 5:42:41like two days.
  8670. 5:42:43Justin joined not knowing what a candle
  8671. 5:42:45is. You can go and watch his testimonial
  8672. 5:42:47video. Join not knowing what a candle
  8673. 5:42:49is. Within his first month, he was able
  8674. 5:42:51to secure three payouts.
  8675. 5:42:53Three payouts. And then there is other
  8676. 5:42:55people who are still struggling to get
  8677. 5:42:57their first ever payout. Now, you might
  8678. 5:43:00be like, "Okay, that's another
  8679. 5:43:01coincidence. Cool. Here you go. This is
  8680. 5:43:04Asan a guy because you might be like
  8681. 5:43:06now, oh, people are just getting this on
  8682. 5:43:08forex or futures. Well, this is forex.
  8683. 5:43:11The guy got $2,000 payout, passes funded
  8684. 5:43:13account with zero losses. This is Sasha
  8685. 5:43:17pass his funded account with zero
  8686. 5:43:18losses.
  8687. 5:43:20This is Ahmed, three payouts in span of
  8688. 5:43:24one month. This is Ahmed passing three
  8689. 5:43:27accounts in his first week of trading
  8690. 5:43:29futures. who the thing is I can put
  8691. 5:43:32literally hundreds of results. You know
  8692. 5:43:34what? Why not? This is portion of my
  8693. 5:43:37students. That's why I could I was able
  8694. 5:43:39to fit in the screen and all of these
  8695. 5:43:42students didn't achieve it because
  8696. 5:43:44they're smarter than you. No, no, no.
  8697. 5:43:45I'm going to be honest with you. They're
  8698. 5:43:46not smarter than you at all. They were
  8699. 5:43:49just dedicated enough. They put the
  8700. 5:43:52time. They put the effort. They actually
  8701. 5:43:54went and studied. They actually dropped
  8702. 5:43:56their ego and listened to everything I
  8703. 5:43:58told them to do. they actually followed
  8704. 5:44:01my advice because think about it now. If
  8705. 5:44:04this worked out works out for me, it
  8706. 5:44:06works out for my students. Why would it
  8707. 5:44:08work out for you? I know you probably
  8708. 5:44:10burnt your fingers before. Some of you
  8709. 5:44:12all have already had a mentor and they
  8710. 5:44:15just g gave them pre-recorded videos and
  8711. 5:44:18they were like, "Here you go. All right,
  8712. 5:44:19good job. Good luck with that." No, this
  8713. 5:44:21is not how we do it. I'm going to be
  8714. 5:44:22there for you, hold your hand, and I'm
  8715. 5:44:25not going to leave you until you become
  8716. 5:44:26profitable. Now, obviously, this is
  8717. 5:44:28trading. There is no guarantee. And if I
  8718. 5:44:31tell you, yes, you will be making five
  8719. 5:44:33or 10,000 in the next 30 days, I would
  8720. 5:44:36be straight up lying to you. Straight up
  8721. 5:44:38lying to you because there's no one who
  8722. 5:44:41can guarantee you how much money you're
  8723. 5:44:43going to be making. I have students who
  8724. 5:44:44were able to do it. I had students who
  8725. 5:44:46were able to make more than 5K in their
  8726. 5:44:48first month. I students who were able to
  8727. 5:44:49make only 1K in their first month. I had
  8728. 5:44:51students who weren't able to make
  8729. 5:44:52anything their first month. And then
  8730. 5:44:54their second month, they made 5,000. So
  8731. 5:44:56here's the thing there. The results
  8732. 5:44:58really depends on you. How much time?
  8733. 5:45:01How much effort are you going to be
  8734. 5:45:02putting? How dedicated are you? And if
  8735. 5:45:06you're wondering, okay, cool. How can I
  8736. 5:45:08be part of this mentorship? How do I
  8737. 5:45:10actually join? How do I be can I be part
  8738. 5:45:12of this Discord and this family? All you
  8739. 5:45:14got to do is apply through the link in
  8740. 5:45:16my description. I'm going leave it
  8741. 5:45:18there. You will have you you it's
  8742. 5:45:22application only. You'll find the video.
  8743. 5:45:24watch that video and then after that
  8744. 5:45:26fill in the application and if you're
  8745. 5:45:29qualified and I'm saying qualified
  8746. 5:45:32because I don't accept everyone. I only
  8747. 5:45:34accept serious people who are actually
  8748. 5:45:36serious about changing their lives. If
  8749. 5:45:38you're qualified, you'll be able to book
  8750. 5:45:39a free one-on-one call with me and we
  8751. 5:45:42will talk about the rest more in depth.
  8752. 5:45:45Right? With that being said, actually,
  8753. 5:45:47you know what? Before that, I want to
  8754. 5:45:49show you one thing quickly because I
  8755. 5:45:51know the internet is full of online
  8756. 5:45:53gurus and it's so easy to fake these
  8757. 5:45:56stuff these days. I want to actually
  8758. 5:45:57take you through the my discord for
  8759. 5:45:59quick you know one minute. So here you
  8760. 5:46:02see like I have you'll be having every
  8761. 5:46:05single
  8762. 5:46:07week couple of group calls every single
  8763. 5:46:09week and these group calls we
  8764. 5:46:12trade together. We back test together.
  8765. 5:46:14We sit down and we back together. We
  8766. 5:46:16look at each other's trades. We discuss
  8767. 5:46:18how did the week go. We basically see
  8768. 5:46:21how is everyone doing. And this right
  8769. 5:46:23here is going to make you feel better
  8770. 5:46:25whenever you're down. Let's say you're
  8771. 5:46:27down and you hear, okay, you lost this
  8772. 5:46:29week and I told you, oh, it's fine. I
  8773. 5:46:31was negative this week, too. It might be
  8774. 5:46:33up to say, but you will feel a
  8775. 5:46:36bit better. Okay, at least my mentor is
  8776. 5:46:38also down. So, this shows me that I
  8777. 5:46:40didn't do anything wrong. Cuz if you're
  8778. 5:46:42negative, but you didn't do anything
  8779. 5:46:43wrong, which would happen. It's
  8780. 5:46:45completely fine. I'm okay with that.
  8781. 5:46:48will happen. From time to time, you
  8782. 5:46:49will have red weeks, even if you follow
  8783. 5:46:51all the rules. But the difference is
  8784. 5:46:53most of you guys would have red weeks
  8785. 5:46:55without even knowing why you have a red
  8786. 5:46:57week. Why? Because you don't even know
  8787. 5:46:59what you're doing right and what you're
  8788. 5:47:00doing wrong. And then you would come and
  8789. 5:47:02hit me up on Instagram and tell me, "Om,
  8790. 5:47:03why is this not working out for me?"
  8791. 5:47:05Well, how would I be able to answer
  8792. 5:47:06that?
  8793. 5:47:08How would I be able to answer why it's
  8794. 5:47:09not working out for you if I don't sit
  8795. 5:47:11down and have a look at your journal and
  8796. 5:47:14trade look at it trade by trade? Here
  8797. 5:47:16you'll have the know forex the chat for
  8798. 5:47:18forex where we send the trades and
  8799. 5:47:21discuss every single thing before we
  8800. 5:47:23even take any trades. It's same thing
  8801. 5:47:26for futures here. Then here you have the
  8802. 5:47:28student wins where you can see people
  8803. 5:47:30taking wins every single day. Day by
  8804. 5:47:32day, day in day out, people are just
  8805. 5:47:34winning. Now let's look at three student
  8806. 5:47:36achievements because I don't care about
  8807. 5:47:37student twins, right? This is Ali I was
  8808. 5:47:39telling you about 50k funded. Look at
  8809. 5:47:41the date August 14. Today he got a
  8810. 5:47:43funded
  8811. 5:47:45Thomas another one.
  8812. 5:47:49This guy he passed who is it? I think
  8813. 5:47:52it's Asan, right? Oh, it's Muhammad.
  8814. 5:47:55He passed on forex a phase two on the
  8815. 5:47:58and look at the date difference. 11th of
  8816. 5:48:00August and then on 6th of August he got
  8817. 5:48:021k payout on futures. So, same guy, same
  8818. 5:48:06trader,
  8819. 5:48:095 days different. He was able to pass a
  8820. 5:48:12funded on forex and get a payout on
  8821. 5:48:14futures. And then some of you will be
  8822. 5:48:15like, "Oh, but what should I trade?"
  8823. 5:48:16Look at this guy. He's able to get a
  8824. 5:48:18payout on both. Here you go. Lucas
  8825. 5:48:20getting a passing a 50k account. Derek
  8826. 5:48:22passing another account. Ali
  8827. 5:48:26John getting a 25k account. Here we go.
  8828. 5:48:30Another account. Another account.
  8829. 5:48:32Another account.
  8830. 5:48:34Ali, 31st of July, 2K payout. Eric
  8831. 5:48:38passing an account. Asan
  8832. 5:48:42passing an account with zero losses. You
  8833. 5:48:45can see it. No losses again. He's focus
  8834. 5:48:48on the work again. This guy getting a
  8835. 5:48:50$260 payout. Nothing crazy, but it's
  8836. 5:48:52progress. July 24, Ali 2K payout. Nice.
  8837. 5:48:56Marwan passing a 50k account. Adora, you
  8838. 5:48:59guys all know her how good she is on
  8839. 5:49:00Forex. He's started futures and she's
  8840. 5:49:02passed an account. Ali, another account.
  8841. 5:49:06Ali with a payout.
  8842. 5:49:09[cough]
  8843. 5:49:09Casper passing an account. Louie, now
  8844. 5:49:12Lou is eligible for 4.5K 4.5K payout on
  8845. 5:49:15Forex. Another one Ali. And I could just
  8846. 5:49:18literally keep scrolling. Assan 2K
  8847. 5:49:20payout. And you guys should be getting
  8848. 5:49:22like I literally
  8849. 5:49:24Sasha who was mentored by another trader
  8850. 5:49:27I don't want to say their name wasn't
  8851. 5:49:28able to pass account for three months.
  8852. 5:49:31Look at him now.
  8853. 5:49:33Here you go. Alamin who already had
  8854. 5:49:36interview with him still passing
  8855. 5:49:37accounts and then I could just literally
  8856. 5:49:39keep scrolling and scrolling and
  8857. 5:49:41scrolling.
  8858. 5:49:43By the way, the community is not huge.
  8859. 5:49:44All you see all of these results I'm
  8860. 5:49:46showing. I forgot Arman 18 years old kid
  8861. 5:49:48who was able to get his 5k payout.
  8862. 5:49:52[cough and clears throat]
  8863. 5:49:53The community is not huge. We have like
  8864. 5:49:56100 traders and it's a small family and
  8865. 5:49:59we're already achieving all of these
  8866. 5:50:00results. Imagine with such a small
  8867. 5:50:03family we're able to achieve all of
  8868. 5:50:04these results. My goal is to get 10,000
  8869. 5:50:06funded traders and we're already getting
  8870. 5:50:09there. Now at the moment I can help you
  8871. 5:50:12as much as I can. And now because
  8872. 5:50:14[snorts] I'm going be honest with you, I
  8873. 5:50:16see this very often. People put another
  8874. 5:50:18coach to teach in their program. I'm not
  8875. 5:50:20a big fan of this. When you join this
  8876. 5:50:22program, you're going to be learning
  8877. 5:50:24from me. All right? And I think it's
  8878. 5:50:26enough with showing results cuz I showed
  8879. 5:50:28too many results. This is Justin as
  8880. 5:50:29well. Um,
  8881. 5:50:31so that should be it for the results. I
  8882. 5:50:33don't want to, you know, end up making
  8883. 5:50:34this video one hour long just talking
  8884. 5:50:37about the mentorship. You'll also be
  8885. 5:50:38getting one-on-one channel with me so
  8886. 5:50:42that we can discuss anything you want
  8887. 5:50:44whenever you want and you'll be able to
  8888. 5:50:45book one-on-one calls on a weekly basis
  8889. 5:50:47with me directly. Right? So, it's not
  8890. 5:50:49only going to be the group calls, also
  8891. 5:50:51going to be with the one-on-one calls.
  8892. 5:50:52You also even have a customer support
  8893. 5:50:54channel for you. You're also going to be
  8894. 5:50:56getting the road map, a custom made plan
  8895. 5:50:59for you on how you're going to become
  8896. 5:51:00profitable. You're going to be getting a
  8897. 5:51:02custom journal as well. Imagine you. I'm
  8898. 5:51:04going to give you the journal, the
  8899. 5:51:05indicator, the videos, the beginner
  8900. 5:51:08videos, even the futures, the exclusive
  8901. 5:51:10content, the coaching videos, and way,
  8902. 5:51:12way, way, way more stuff. So, to sum up
  8903. 5:51:14this video,
  8904. 5:51:16the things I gave you already in this
  8905. 5:51:18YouTube video are really helpful. You
  8906. 5:51:21can get profitable with everything I
  8907. 5:51:23gave you. Yes, obviously, you're not
  8908. 5:51:26going to get as good results and most
  8909. 5:51:28definitely you're not going to get as
  8910. 5:51:30fast results. All right? So you could
  8911. 5:51:32get profitable if you're not in a rush
  8912. 5:51:33and you're willing to you know try it
  8913. 5:51:35for one two years then it's fine. I
  8914. 5:51:38would recommend actually you do it on
  8915. 5:51:39your own in that case. But if you feel
  8916. 5:51:41like okay I want to become profitable
  8917. 5:51:42cuz we know now the strategy is working
  8918. 5:51:44amazing but we don't know what's going
  8919. 5:51:46to happen in 5 years. And that's me just
  8920. 5:51:47being completely honest with you now. We
  8921. 5:51:49know it's working. You saw how many
  8922. 5:51:51payouts we getting. Every week we're
  8923. 5:51:53averaging more than three funded
  8924. 5:51:55accounts. And
  8925. 5:51:58in June we did more than that. We did
  8926. 5:52:00average like one and a half account a
  8927. 5:52:02day. Imagine. And that that's with a
  8928. 5:52:05community less than 100 people. So to
  8929. 5:52:07sum up this video, now you know a lot
  8930. 5:52:10about the strategy. But if you're
  8931. 5:52:13serious and want to change your life,
  8932. 5:52:15you want to actually become serious
  8933. 5:52:17about trading.
  8934. 5:52:18All you got to do is apply through the
  8935. 5:52:20link in my description. It's going to be
  8936. 5:52:22be a free one-on-one call as I said if
  8937. 5:52:25you're qualified.
  8938. 5:52:28And yeah, that should be it pretty much.
  8939. 5:52:29If you have any questions, feel free to
  8940. 5:52:31leave them in the comments or hit me up
  8941. 5:52:33on IG
  8942. 5:52:35or apply to the mentorship and you're
  8943. 5:52:38going to be able to ask me as many
  8944. 5:52:39questions as you want. All right, with
  8945. 5:52:41that being said, I love you all. Take
  8946. 5:52:43care. Please, please, please. Oh, wait.
  8947. 5:52:46I sound like I'm begging with that.
  8948. 5:52:48Please, please, please. If you would
  8949. 5:52:50like to leave a like, subscribe,
  8950. 5:52:52comment, and all of that. Take care,
  8951. 5:52:54guys. Love you all. Know strategy on
  8952. 5:52:56top. You guys are on top. Pause. And
  8953. 5:53:00that's it pretty much. Peace out.

About this transcript

This page contains the full transcript of My 85% Win Rate No Wick Trading Strategy + Live Backtest by omarnowick, generated from the public captions YouTube serves with the video. The transcript has 62,223 words across 8,953 segments, with the original timestamps preserved so you can click any line to jump to that moment in the embedded player.

What you can do with it

Use the transcript to take notes, quote the speaker, build a study guide, generate a summary with ChatGPT or Claude via the YouTube Summary tool, or export it as a timed subtitle file with YouTube to SRT. You can also re-open it in the transcriber to translate the transcript into 100+ languages.

Free YouTube transcript tool

YouTube2Text is a free YouTube transcript generator — no signup, no daily limit. Paste any YouTube link and get the full transcript instantly, with timestamps, click-to-jump, translation to 100+ languages, AI prompts for ChatGPT, Claude, and Gemini, and exports to TXT, SRT, VTT, or Markdown.