My 85% Win Rate No Wick Trading Strategy + Live Backtest — Transcript
Full transcript
- 0:00What's going on everyone and welcome to
- 0:02what is probably going to be the biggest
- 0:04video I've ever made on this channel.
- 0:06No, you do not have a bad psychology.
- 0:08You have a bad trading strategy. Now,
- 0:10before everyone gets offended, hear me
- 0:13out. So, you might be thinking, "But
- 0:15Omar, I trade ICT. I trade SMC, supply
- 0:18and demand, or support and resistance,
- 0:21Fibonacci." And yes, that's exactly what
- 0:24I mean. Now, don't get me wrong, I'm not
- 0:26saying these strategies don't work. They
- 0:28clearly work for some people. They just
- 0:30didn't work for me. Now, why? Because
- 0:33these strategies are opinion- based. I
- 0:36spent around a year jumping from
- 0:37strategy to a strategy, always thinking
- 0:39maybe this next one is the one. But no
- 0:42matter what I learned, I never became
- 0:44consistent. I'll give you one example
- 0:46that completely changed how I looked at
- 0:48trading. So, me and one of my friends
- 0:50both learned from the same exact mentor.
- 0:53One day, I called him while we were both
- 0:55looking at the same chart. I asked him,
- 0:57"Yo, are you in this trade?" He said,
- 0:58"Yeah." I was like, "All right, cool.
- 1:01Good stuff." You know, and then he goes,
- 1:03"Let's go. Price is pushing up." And
- 1:05then I looked at my chart and I was
- 1:06like, "Yo, I'm selling." And then we're
- 1:10both looking at the exact same market,
- 1:12same mentor, same strategy. Yet, one of
- 1:15us was buying and one of us was selling.
- 1:17Now, you might be wondering, why is
- 1:18that? That's because I saw one thing on
- 1:20one time frame and he saw something else
- 1:21on another time frame. And that's when
- 1:23it hit me. This isn't how I want to
- 1:25trade. I don't want to wake up every day
- 1:28asking myself, is this a valid setup? I
- 1:30want trading to be mechanical. Same
- 1:32rules, same stop-loss, same take profit,
- 1:35same risk every single trade. So, I
- 1:38spent months building what eventually
- 1:40became the NOIC strategy. A strategy
- 1:42that currently has around 85% win rate.
- 1:45A strategy that works on both forex and
- 1:48futures. A strategy that can be traded
- 1:50on live accounts and funded accounts. a
- 1:52strategy that doesn't require five
- 1:55monitors, 15 indicators or 10 different
- 1:57confirmations. It's literally one
- 2:00pattern. You follow these rules and
- 2:02that's it. And before you think, ah,
- 2:04this works only for me, let me show you
- 2:07what happened when other traders started
- 2:09using the exact same rules. Now, the
- 2:11results you see here are some of my
- 2:12students who were actually able to pass
- 2:14the fund accounts and get payouts. And
- 2:15this, you know, as you can see, it's
- 2:17filled, literally filled the screen.
- 2:18There's way way way more money payouts
- 2:21and people passing their funded. In June
- 2:24and July alone, we were able to pass one
- 2:26and a half funded accounts per day on
- 2:29average. So, this should tell you a lot
- 2:32about the strategy already. And now I'm
- 2:33here leaking the souls completely for
- 2:35free. Oh, and I completely forgot to
- 2:37introduce myself. My name is Omar, also
- 2:39known as Omar Noic on social media. And
- 2:41if you're wondering why my name is Omar
- 2:43Noik, well, it's because I trade the
- 2:44Noic strategy. Duh. Now, I already know
- 2:47what some of you are thinking. 85% win
- 2:49rate. Yeah, right. And honestly, I don't
- 2:52blame you. The internet is full of
- 2:53people claiming ridiculous win rates.
- 2:56They show their strategy. They show a
- 2:58couple of winning trades and then
- 2:59somehow they never actually prove
- 3:01anything. So, we're going to do
- 3:02something different. By the end of this
- 3:04course, we're going to live back test
- 3:06this strategy together and focus on the
- 3:08word live. And by live, I don't mean I'm
- 3:09going be choosing one week and like,
- 3:11"Okay, cool. You see here, we made this
- 3:12much blah blah blah." No, no, no, no. I
- 3:14don't want to cherry pick examples,
- 3:15stuff that already memorized, stuff that
- 3:17already know about. No, we're going to
- 3:19do it completely different. So, we're
- 3:20going to scroll to a completely random
- 3:23date, completely random chart and trade
- 3:25it live together so you can judge the
- 3:27strategy for yourself. So, my first
- 3:29proof was as you guys saw the results.
- 3:31And my second proof is going to be live
- 3:33practicing the strategy online live for
- 3:36you guys. You're going to see it by
- 3:37yourself. random dates, random bars,
- 3:40random charts, stuff. We might go two,
- 3:42three years back in the days. I don't
- 3:43care. Just to actually show you that the
- 3:45strategy works in front of your eyes.
- 3:47And in my opinion, that's the best way
- 3:49to learn. And I don't see anyone do this
- 3:51online because I'm sorry, excuse my
- 3:53French. They don't got the you know
- 3:54what, let me use a respectful word. They
- 3:56don't got the stomach to actually do
- 3:58that because they simply don't h they
- 4:00don't know how to trade the strategy or
- 4:02they're just claiming false win rate. My
- 4:04mission is to create 10,000 funded
- 4:06traders and I don't achieve that by
- 4:08lying to people. And I know a lot of you
- 4:10guys watching this are probably
- 4:11frustrated. You've been jumping from
- 4:13strategy to strategy, watching hundreds
- 4:14of YouTube videos, buying courses,
- 4:16learning one thing today, something
- 4:18completely different tomorrow, and
- 4:19somehow you're still not profitable. And
- 4:21trust me, bro, I've been there. That's
- 4:23exactly why I decided to record this
- 4:25entire course. Not to give you, you
- 4:27know, 10% of the strategy, not to leave
- 4:29out the important parts, not to tell
- 4:31you, oh, but the rest is inside my paid
- 4:33course. No, I'm giving you almost
- 4:35everything here. I'm going try to, you
- 4:37know, brainstorm as much as I can. And
- 4:39now, in return, I only ask you for a few
- 4:41things. Rule number one, watch this
- 4:43course from the beginning to the end. No
- 4:45skipping, no jumping around. I build
- 4:47this course in specific order. Every
- 4:49chapter builds on the previous one. If
- 4:51you skip the market structure because
- 4:53you think it's easy, you're probably
- 4:55going to struggle later. The way I read
- 4:57market structure isn't necessarily the
- 4:58way you read it. The way TJR reads
- 5:00trends isn't the same way I read trend.
- 5:02And that's exactly what I want you to
- 5:03learn my way first before trying to mix
- 5:05it with other concepts. Rule number two,
- 5:08take notes. I honestly don't know how
- 5:10long this course is going to end up
- 5:11being. Four hours, 5 hours, maybe six,
- 5:14six hours, I don't know. But I can
- 5:15promise you one thing. I'm recording
- 5:17everything from scratch. I'm not taking
- 5:19old YouTube videos and, you know,
- 5:21stitching them together. No, I'm putting
- 5:24everything I know into this one course.
- 5:25So, if you're lying right now in your
- 5:27bed watching on your phone, please pause
- 5:31the video, grab a notebook, open a word
- 5:33document, use your notes app, whatever
- 5:35works for you, because nobody will
- 5:37understand the strategy better than the
- 5:38version you write in your own words.
- 5:40Now, let's move to rule number three.
- 5:42Stick to the strategy for at least 3
- 5:44months. I don't care if you have one bad
- 5:46week. I don't care if you have one
- 5:48losing day. You're not allowed to quit.
- 5:50The reason most traders never become
- 5:52profitable isn't because they, you know,
- 5:54chose the wrong strategy. is because
- 5:55they never give one strategy enough
- 5:57time. If I can make money with these
- 5:59results and all the traders I just
- 6:01showed you can make money with these
- 6:02rules, there is absolutely no reason you
- 6:05can't. They're not smarter than you.
- 6:06They simply follow the process. So,
- 6:08please, please, please stick to the
- 6:09strategy at least 3 months out of 3
- 6:11months. If it doesn't work, okay, you're
- 6:13allowed to change it. And from
- 6:15experience, it shouldn't be taking you 3
- 6:17months to actually become profitable.
- 6:18Rule number four, please be patient.
- 6:20We're starting with the basics before we
- 6:22move into the advanced concept. Some
- 6:24people watching this don't even know
- 6:26what a candle is. Others are already
- 6:28profitable. This course is made for
- 6:30both. So even if something feels simple,
- 6:33trust the process. All right. And then
- 6:34rule number five. The way I teach this
- 6:36is very, very, very simple. First, I'll
- 6:39explain everything using, you know,
- 6:41drawings of the charts. I know you guys
- 6:43hate it. I hate it as well. But then
- 6:45after that, we'll do a quick quiz. Then
- 6:47we'll jump into the charts and apply it
- 6:49together. So please don't skip straight
- 6:51to the charts examples. The drawings are
- 6:53what will make everything click. So if
- 6:55you don't if you skip that part, you're
- 6:57not going to be able to understand the
- 6:58next parts. All right? So I know it's
- 7:00annoying to, you know, see people
- 7:01drawing and then jumping to the charts.
- 7:03But that's the best way to do it,
- 7:04honestly. So if whenever you see me
- 7:06drawing, please watch that and then once
- 7:08it's done, go to the charts. Otherwise,
- 7:10you're not going to be able to
- 7:11understand everything. Finally, if you
- 7:13enjoy this course and it helps you
- 7:14become a better trader, I would really,
- 7:16really appreciate if you subscribe to
- 7:17this channel. It genuinely helps me
- 7:19continue making free content like this.
- 7:21And make sure to save this video as
- 7:22well. I don't expect, you know, to
- 7:24finish a five hours course in one
- 7:25sitting. I don't know how long it's
- 7:26going to be. So save it in order for you
- 7:29to come back to it. Re-watch it. Take
- 7:31notes. Treat it like a re real course.
- 7:34You know, that's the that's the bad part
- 7:35about free courses. Usually people don't
- 7:37take it serious. But bro, trust me on
- 7:39this one. Take this course serious
- 7:40because it might change your life
- 7:41forever. Now, enough talking and let's
- 7:43get started. All right. So now what
- 7:45we're going to start with is going to be
- 7:47Forex versus futures. Now, I know most
- 7:49of you guys know what what is forex,
- 7:51what is futures, but I'm not talking
- 7:52about in general. I'm talking
- 7:54specifically about, you know, the noex
- 7:56strategy and actually you know like
- 7:58which one is better to trade. And funny
- 8:00enough, if you if you can't trade,
- 8:04you're not going to be able to get
- 8:05payouts and, you know, become profitable
- 8:07regardless if you're trading forex or
- 8:08futures. So, let's dig down. Even if you
- 8:11know the difference, make sure to watch
- 8:12this because I'm g show you a different
- 8:14perspective on Forex versus futures
- 8:17because I was stuck not knowing which
- 8:20one to choose, if I should be trading
- 8:21forex or if I should be trading futures.
- 8:23And so what I did is I tried both and
- 8:26guess what? I was able to secure payouts
- 8:28on Forex and on futures. Now me
- 8:29personally, I've been trading more than
- 8:31four years now or almost four years
- 8:33actually, but been trading forex only.
- 8:37And one time I was like you know what
- 8:39let me try trading futures because
- 8:41obviously I have students who trade
- 8:43futures and I I want to be able to
- 8:44explain what is futures. So I went and I
- 8:47took an evaluation on or a funded
- 8:51account on futures and within seven days
- 8:54seven trading days I was able to secure
- 8:56two payouts on futures. So that was
- 8:58sweet and yeah like right now I'm mostly
- 9:02a forex trader but like I'm not hitting
- 9:04at futures at all. Actually I love
- 9:05futures. Like if I could go back in
- 9:07time, maybe I would trade futures, you
- 9:09know, like who knows? So, let me tell
- 9:11you the main differences. And just
- 9:13before we get into it, I want to show
- 9:14you one thing quickly. Look, this is a
- 9:17forex trader and this is a futures
- 9:19trader. Both of them are my students.
- 9:21Both of them are in the community. Both
- 9:23of them were able to get payouts. You
- 9:24see like this guy got it on forex and
- 9:26this guy got it on futures. So, this
- 9:28just to show you that no strategy works
- 9:31on both forex and futures. So, maybe you
- 9:34will decide to go with Forex. Cool.
- 9:35Maybe you decide to go with futures.
- 9:37Cool. Maybe you will actually decide to
- 9:39do both. I have a lot of students doing
- 9:41that and they're still also, you know,
- 9:42getting results. So, it's up to you if
- 9:45you want to do forex or futures. But my
- 9:47job is to actually show you the
- 9:48difference and like what each one means
- 9:51and which one you know like the good and
- 9:55bad of each one. Let's start with it. So
- 9:58when we say forex, forex is mostly you
- 10:02trade currency pairs such as euro USD,
- 10:06GBBUSD, USD, JPY. So the main job of
- 10:09forex is to actually trade currency
- 10:11pairs. You're not trading stocks. You're
- 10:13not trading indices. You're not trading
- 10:15other stuff. Okay? The main job on
- 10:17Forex, what you trade is currency pairs.
- 10:21Uh like these examples, it's pretty
- 10:23easy. Now in futures you don't trade
- 10:28that you trade actually indices or some
- 10:31people call them like you know stocks
- 10:32and in reality they're it is actually
- 10:34stocks in reality but like I like to
- 10:37call them indices or contracts let's
- 10:38call them. So, such as NASDAQ, ES, MNQ,
- 10:43MEES, you could trade oil, you could
- 10:46trade, I don't know, corn, you could
- 10:48trade copper, you could trade a lot of
- 10:50stuff on futures, but you see like
- 10:52they're not different. They're not the
- 10:54same. On forex, we were trading Euro
- 10:56USD, GBPUSD. You know, we're trading
- 10:58currencies like actual money currencies,
- 11:01different countries currencies here.
- 11:03here now we're trading the biggest 100
- 11:05technology stocks in the US or the
- 11:07biggest 500 stocks in the US and so on.
- 11:11So there's one thing in common in
- 11:13between in both of them you can buy and
- 11:16you can sell. So and in both of them you
- 11:19know they have something called prop
- 11:20firms. If you don't know what prop firms
- 11:22are we're going to talk about it
- 11:23slightly soon.
- 11:26Now in forex when we enter the trade we
- 11:28use something called lot size. We don't
- 11:30you know like it's okay I want to take
- 11:32this trade and every time the market
- 11:35moves this much I'mma be losing this
- 11:37much and in order to say okay how much
- 11:39you want to lose you have to put
- 11:40something called lot size and this is
- 11:42absolutely beginner's level which I'm
- 11:44going have you know a separate video
- 11:46explaining these small small small
- 11:47details which you don't really need to
- 11:49know about in this video I'm going to
- 11:51have it soon maybe in a week or so um
- 11:54you will learn a lot there about if
- 11:55you're complete complete beginner now
- 11:58this is still going to cover for a lot
- 12:00of beginner stuff but like that I'm
- 12:01talking if you're like never ever in
- 12:03your whole life open ch short ch short
- 12:04ch short ch short ch short ch short ch
- 12:04short ch short ch short ch short charts
- 12:04I'm have a different video you know
- 12:06separated for that like because now this
- 12:08is going to be more strategy that video
- 12:10is going to be actually how to enter the
- 12:12trade you know what I mean now on
- 12:15futures we use contracts such as micros
- 12:19minis and so on so that's the main
- 12:21difference between forex and futures
- 12:22when it comes to lot size and contracts
- 12:24now on forex the prop firms or eval are
- 12:29expensive ensive. So what are prop firms
- 12:30or eval or funded accounts, whatever you
- 12:32want to call it, call it. It's the same
- 12:34thing
- 12:35on a prop firm is pretty much a company
- 12:39that you pay them, let's say, $500 and
- 12:42then they give you $100,000 to trade
- 12:44with. You're like, "Oh, I get $100,000
- 12:47to trade with." Bro, what is this? This
- 12:49is scam. Wait, let me land. Uh, this
- 12:52pretty much the money they give you.
- 12:53They're not your money. They give you
- 12:55the money to trade with, but they don't
- 12:57give it to you directly. Okay, they give
- 12:59you challenges that you have to achieve.
- 13:01For example, hitting 10% target without
- 13:04losing 10% or hitting 4% target without
- 13:06losing 4% and so on. And to actually be
- 13:11able to know get the account, you have
- 13:14to first pass the EVA and then once you
- 13:17hit that target, that's when they give
- 13:18you the money. Now, obviously, they
- 13:20don't give you the 100,000 like, "Okay,
- 13:21cool. That's your money. Now you can
- 13:23withdraw it." No, they give you that
- 13:25money to be able to actually trade with.
- 13:27So you don't keep that money. And I have
- 13:29a separate video about this which this
- 13:31like is a game changer especially for
- 13:33people who just started trading or
- 13:35people who don't have a lot of capital
- 13:37to start with. You know if you don't
- 13:38have like 10 $20,000 in your live
- 13:40account then proper is the way to go. Um
- 13:45yeah that's how you actually get payouts
- 13:47and become you know to scale up to reach
- 13:50a level where you can trade live
- 13:51accounts. So,
- 13:54I have more in-depth video about it as
- 13:56well. We might cover it in this course.
- 13:58I don't know. It depends because I'm
- 13:59going try to record this whole course in
- 14:01one take. And now, what time is it now?
- 14:03It's 4:39
- 14:05a.m. So, if I get sleepy and I don't
- 14:07record this full course and I do it
- 14:09tomorrow, then I'll probably include it.
- 14:11If I just go to sleep now, I'm not going
- 14:13to include it. Okay? So these prop firm
- 14:17accounts, you know how I told you you
- 14:18have to pay initial fee, let's say $500
- 14:20to get $100,000 account or $100 to get
- 14:23$10,000 account on Forex, they're very
- 14:26expensive compared to futures. Like a
- 14:2950k account on futures is $100. On
- 14:32forex, they're like $300. So there is a
- 14:35difference in price between forex and
- 14:36futures. And right now I'm not giving
- 14:38you like exact number. I'm giving you
- 14:40giving and go like estimation because
- 14:42obviously there is a lot there's
- 14:44thousands of problems. So the prices and
- 14:47rules and so on defer from a company to
- 14:49a company. Now on forex these challenges
- 14:53that I talked about are harder to pass.
- 14:56It is you know harder to pass these
- 14:58evals on forex because usually what
- 15:01happens in forex you have to do
- 15:02challenge number one then challenge
- 15:04number two and then they give you the
- 15:07money and then you have to get your
- 15:08payout. Now on the other hand on futures
- 15:10it's easier to pass these evals. Why?
- 15:12Because they give you one account and
- 15:14they tell you okay pass it get the
- 15:17money. Don't pass it you don't get the
- 15:19money. Simple as simple as it is. So
- 15:21usually most of prop frames are one step
- 15:23on futures and there two steps on forex.
- 15:26Now you could find one step on forex and
- 15:29two steps on futures but like I'm
- 15:31telling you in general how the rules
- 15:33are. Now
- 15:35on forex you get to keep the funded
- 15:37longer aka more payouts from one
- 15:40account. So yes it is more difficult to
- 15:42pass the account. Yes it takes more time
- 15:44to actually pass the account but once
- 15:46you get the account you can secure a lot
- 15:48of payouts from that account. Why?
- 15:50Because they give you a bigger margin of
- 15:52error. So they give you let's say a 10%
- 15:55they tell you okay cool you can lose 10%
- 15:57before you blow your account. Now on
- 15:59futures it's easier to blow the funded
- 16:02aka less payouts. Although yes, it is
- 16:04easier to get a payout on futures, but
- 16:06you usually you don't get to keep the
- 16:08account for too long. So on forex, you
- 16:11can pass an account and keep getting
- 16:13payouts from it for the next 6 months.
- 16:15On futures, no, that's usually not the
- 16:18case. Obviously, there is exceptions,
- 16:20but usually that's not the case. You
- 16:21just pass the account, get one, two
- 16:23payouts, and that's it. And then you
- 16:24blow the account, and then you buy a new
- 16:26one, pass it, and then get payouts, and
- 16:27then blow it, and just keep going on.
- 16:31Now the reason for that is like you got
- 16:33to think about it on average I see
- 16:35people or at least people who using the
- 16:37no strategy it takes them one month to
- 16:39pass to pass the forex account and then
- 16:42it takes them here two weeks to pass the
- 16:45forex futures funded account but at the
- 16:48same time
- 16:50on forex these people yes although it
- 16:53took them one month they end up keeping
- 16:55the account for four or five months on
- 16:57futures no they only keep the account
- 16:59for
- 17:02sometimes less than you know weeks.
- 17:05That's just the truth behind it because
- 17:07the margin of error is very small here.
- 17:09Like here you have a trading draw down
- 17:11of usually 4%. Here usually you don't
- 17:14have a training draw down and you have
- 17:1610% to and to end up blowing the account
- 17:18[snorts]
- 17:19on forex you're to to get the payout
- 17:22it's you need smaller margin here. you
- 17:25know, you have to build a buffer and
- 17:26actually make more money to to actually
- 17:28be able to, you know, secure more
- 17:30payouts. Now, talking about the payouts
- 17:32on Forex, it's bigger payouts. On
- 17:35futures, it's smaller payouts. Now, why
- 17:36am I saying this? Because on Forex, your
- 17:39payouts usually are split like this. So,
- 17:41you remember how I told you you get a
- 17:42challenge, then they give you the money,
- 17:43and then the profit, you make profit.
- 17:45The profit on Forex are usually 20
- 17:4780/20.
- 17:49So, you keep 80% of the money, and they
- 17:51keep 20% of the money. on futures on
- 17:54your first payout usually is 50%. So you
- 17:57only keep 50% of the money. That's why
- 18:00on Forex it is bigger payouts than
- 18:02futures. So
- 18:05that's like I'm going you know pretty
- 18:07pretty basic about the differences.
- 18:09Obviously there is a lot more
- 18:11differences which we're going to cover
- 18:12later on when we talk about the main
- 18:14differences between forex and futures.
- 18:16Like I have whole list here you know
- 18:18these are my forex pairs. These are my
- 18:20futures pairs and so on. like we're
- 18:22going to talk about this way more in
- 18:23depth later. Now, there's two common
- 18:27things between Forex and futures. If you
- 18:30don't know how to trade or if you are a
- 18:32bad trader, you can't get payouts
- 18:35regardless. If you think, okay, I'm
- 18:38trading forex now. I'm going to switch
- 18:39to futures because it's easier. If you
- 18:41don't know how to trade, you're not
- 18:42going to be able to secure payouts here.
- 18:44And vice versa. If you
- 18:47trading futures and still not getting
- 18:48payouts, switching to Forex is not going
- 18:51to solve your problem. So that's the
- 18:53main difference, okay? Or the ma the
- 18:55common thing, sorry. Regardless what you
- 18:58trade, if you don't trade good, if
- 19:00you're not a good trader, if you don't
- 19:01know how to trade, if you don't actually
- 19:02have risk management, if you don't
- 19:04actually know what you're doing, if you
- 19:06don't study the strategy properly,
- 19:08you're not going to be able to secure a
- 19:09payout regardless. Regardless,
- 19:10regardless if it's forex or futures. All
- 19:13right. Now this is something not a lot
- 19:16of people know. Actually I was surprised
- 19:18how many how how do you call it? How few
- 19:22people know about this. You can trade
- 19:24forex pairs on futures and future
- 19:27indices on forex. What does that mean?
- 19:30You can trade something like euro USD
- 19:33GBPUSD USD JPY on futures. So even if
- 19:36you have futures account you can still
- 19:38trade these currency pairs on futures
- 19:41and vice versa. If you have a forex
- 19:44account, you still can trade NASDAQ or
- 19:47ES or you know ENQ and so on. So you can
- 19:51still trade forex pairs or currencies on
- 19:54futures and you can still trade future
- 19:57indices on forex. That's normal. A lot
- 20:00of people don't know about this but yes
- 20:02it is possible. So just to sum up the
- 20:04differences main differences between
- 20:06forex and futures. Forex is mostly
- 20:09currency pairs and while futures is
- 20:12mostly contracts like NASDAQ, ES and so
- 20:15on. In forex we to actually be able to
- 20:18calculate how much you want to win or
- 20:20lose or how much to risk we use
- 20:22something called lot size. On futures we
- 20:25use something called contracts like
- 20:26minis and micros. And then
- 20:30usually proper accounts or evil accounts
- 20:32are expensive when it comes to forex
- 20:35while on future they're cheap or not
- 20:39cheaper.
- 20:41Now on forex it is harder to pass the
- 20:43EVAL because you have two steps. Usually
- 20:46on futures it is easier to pass the
- 20:49EVLs.
- 20:51In forex you can keep the usually you
- 20:53can keep the funded longer aka you can
- 20:55get more payouts from one account on
- 20:57futures it is easier to blow the funded
- 21:00account. So futures you got to think
- 21:02about it like okay cool pass an account
- 21:04get a payout then the account's going to
- 21:06be gone again pass an eval get a payout
- 21:09account gone on forex no because you're
- 21:11putting time and effort into the account
- 21:13it's not going to be like this it's
- 21:14going to take you longer to pass the
- 21:16account but once you pass the account
- 21:18you start you know getting payout after
- 21:20payout after payout after payout and
- 21:21then you're going to blow the account
- 21:23then you have to pass the account and
- 21:24get a payout after payout after payout
- 21:26then you blow the account and so on.
- 21:29Last but not least, on Forex usually get
- 21:32bigger payouts because the split is
- 21:34better on futures the payouts are
- 21:37usually smaller.
- 21:39And then the common between the two,
- 21:40regardless which one you choose, if you
- 21:42don't know how to trade, you can get
- 21:44payouts. And if let's say you feel like,
- 21:47okay, cool, futures, prop firms, and
- 21:49rules just suit me better. I'm more used
- 21:52to futures, yet you still want to trade
- 21:54the forex pairs, you can do so. And if
- 21:56you're like, okay, cool. I just want to
- 21:58do forex, but I prefer to trade NASDAQ
- 22:01or ES and so on, you can still do. So, I
- 22:04just want to say one thing quickly. Uh,
- 22:06what was it? Actually, I forgot what was
- 22:08I going to say.
- 22:11Regardless which one you choose, you
- 22:14still have to follow a good plan. All
- 22:16right. And
- 22:19that should be it for the difference
- 22:21between Forex and futures. Oh, actually,
- 22:24yeah, there's one more thing. Some
- 22:26countries wouldn't allow you to trade
- 22:28forex and some countries don't allow you
- 22:31to trade futures. So sometimes it's not
- 22:33only you know which one you prefer.
- 22:35Sometimes you're forced to trade one
- 22:37another. Okay. Now let me know in the
- 22:39comments which one you actually prefer.
- 22:41Do you prefer to trade forex or you
- 22:42prefer to trade futures? Me personally,
- 22:45as I said, I've been trading forex for
- 22:46the last four years. That's why I'm
- 22:48stick to trading forex. But I still love
- 22:51futures. That's why I was able to get a
- 22:53payout on futures as well. And I still,
- 22:56you know, from time to time go through
- 22:58buy an account and then through a couple
- 23:00of trades and then get a payout and then
- 23:02blow that account again. All right,
- 23:03cool. That should be it. And now let's
- 23:05move to the next thing. All right, so
- 23:08now what we're going to talk about is
- 23:09trading sessions. Now hear me out. Even
- 23:11if you know this, this is very important
- 23:13cuz I don't know why. Okay, I genuinely
- 23:16don't know why most of futures traders
- 23:20only trade futures in New York. like I
- 23:23genuinely don't know why this is not the
- 23:26case with the noix strategy. All right.
- 23:28So now I'm going explain to you the
- 23:29trading sessions.
- 23:31Usually you have or not usually you have
- 23:33four actually four trading sessions out
- 23:36of Asia, London and New York. And then
- 23:41there's one more which is Sydney but
- 23:42Sydney is part of Asia. So that's why I
- 23:44don't like to count it. I just call it
- 23:46Asia. Okay. So you have three main
- 23:48training sessions. The no strategy works
- 23:50in Asia. London, New York, whichever
- 23:53session you want to trade, trade it
- 23:55because if you live that this means you
- 23:59can trade the strategy literally 247.
- 24:01Now, obviously, I'm not saying you
- 24:03should do that. All right? Just trade it
- 24:06whenever is the actually the best time
- 24:08for you. And what do these trading
- 24:10sessions mean? This means, okay, the
- 24:13banks, for example, in Asia are open
- 24:15from this time to this time. Now, I
- 24:17don't know in your time zone, but let's
- 24:18say you're in the US. Asia would be from
- 24:23let's say New York Asia New York like it
- 24:28would be in the afternoon for you and
- 24:30then if you live in let's let's just do
- 24:32it as if if you live in the US. So if
- 24:34you live in the US New York session
- 24:36would be morning for you and then Asia
- 24:38would be afternoon for you and then
- 24:40London would be midnight for you. Now
- 24:42obviously you're not going to be able to
- 24:44trade London in that case. Now for
- 24:46people who live let's say in Europe
- 24:49London would be morning for you and then
- 24:52New York would be afternoon and then
- 24:54Asia would be at night and then for
- 24:57people who living in Asia Asia would be
- 25:00morning for them London would be
- 25:01afternoon and then New York would be
- 25:03night. So this strategy no the noise
- 25:06strategy works in all sessions on forex
- 25:08and on futures. So it doesn't matter
- 25:10which time zone you live in. It doesn't
- 25:12matter if you live in Asia, Europe, uh I
- 25:17don't know,
- 25:19US, wherever you live, you can still
- 25:21trade the NOIC strategy in any session.
- 25:24Now, you might be like, okay, cool. So,
- 25:27what what do these sessions mean? These
- 25:29sessions pretty much is telling you when
- 25:31the banks are open. So, obviously,
- 25:35this is pretty, you know, I'm explain
- 25:37explain in very simple terms. each
- 25:39country you know the banks usually don't
- 25:42open in the evening right like if you
- 25:43live in where wherever you live do do
- 25:46your banks open in the night no they
- 25:48usually open in the morning so and you
- 25:50know the time zone differences right
- 25:52that's why we call each session has
- 25:55different banks that are active so if
- 25:57you live in Asia that means in the
- 25:59morning Asian sess Asia will be the the
- 26:01banks will be open now in general in
- 26:05general the price moves the most during
- 26:07New York and then after New York it's
- 26:10London and after that it's Asia. So Asia
- 26:14has the slowest price action then it's
- 26:16London then it's New York. Now what do I
- 26:18mean with that? That means how fast does
- 26:20the price move up and down? New York
- 26:22could be really volatile like that means
- 26:24price you know there's a lot of money in
- 26:27the market. So the price is going up and
- 26:29down up and down up and down really
- 26:31really really quick. Now London is a bit
- 26:33slower and then Asia is a bit slow okay
- 26:36or even slower. Now, does that mean New
- 26:38York is better or Asia is better or
- 26:40London is better? No. It's pretty much
- 26:42based on preference or wherever you live
- 26:44because I don't want you to be trading
- 26:47at 3:00 a.m. your time unless if you
- 26:49actually want to. But like you can trade
- 26:51whichever session you want, whichever
- 26:53time you live in, whichever time you're
- 26:55actually more comfortable with. Okay?
- 26:56Don't you don't have to tie yourself to
- 26:58trading a certain session. Like I have
- 27:01for example in the community people from
- 27:03Asia and people from the US and people
- 27:05from Europe. So whenever you actually
- 27:07want to trade, people are there trading.
- 27:09That's the best part. You know, I
- 27:11personally depends on my schedule. Maybe
- 27:14today I'm going to trade Asia, which is
- 27:15pretty late for me. And then tomorrow
- 27:17I'm going to trade London and then the
- 27:18day after I want to trade New York. In
- 27:20general, I prefer if you actually choose
- 27:22a certain time that you would actually
- 27:24trade with. Now, I'm going let you know
- 27:26how to actually know when does each
- 27:28session open according to your time
- 27:30zone. But before we do that, let me tell
- 27:32you which pairs are mostly active in
- 27:35which session. Okay, so on forex, if you
- 27:38tra trading forex, Asian currencies are
- 27:41the most active during Asia, right? I
- 27:43mean, it makes a lot of sense. Think
- 27:44about it, you know, just logically
- 27:46speaking. Asian currencies means or
- 27:50Asian banks are open during the Asia
- 27:52session. That means they're pushing
- 27:53money to Asian currencies. That's why
- 27:55they're the most active during Asia.
- 27:57What do I mean by Asian currencies? such
- 27:58as JPY, Japanese yen or Australian
- 28:02dollar. So these are the Asian
- 28:05currencies and they're very active
- 28:07during mostly active during the Asia
- 28:08session. Does that mean we're not
- 28:10allowed to trade JPY or AUD and other
- 28:13sessions? No, you're allowed to. And
- 28:15then futures too, it is active during
- 28:18Asia. This is a myth that you should
- 28:20trade futures only in New York is a myth
- 28:22and don't follow it. All right. Then in
- 28:25London,
- 28:27if you're trading forex, the most active
- 28:29pairs are European currencies such as
- 28:32Euro, GBP, CHF, you know, like Japanese,
- 28:37pound, U, Euro,
- 28:42what else do I have? European pairs. Let
- 28:44me see. Uh,
- 28:51I don't have many. You get the point.
- 28:53Let's stick to Euro and GBP for now. So
- 28:55these are the most common during London,
- 28:58right? Because European banks are open
- 29:00and then they're putting a lot of money
- 29:01into Euro and GBP. That's why it's the
- 29:03most common during London. And then
- 29:05futures too. Yes, you're allowed to
- 29:06trade futures during London. And then
- 29:08New York. New York, as I said, is the
- 29:10most common or the most active session.
- 29:13So for forex pairs mostly USD pairs you
- 29:16know like the American banks are open
- 29:18and all pairs okay all pairs in general
- 29:22are active dur New York that's where
- 29:23most of the money are getting into the
- 29:25market so that's why you can see all
- 29:27currencies are active during New York
- 29:30and then futures too obviously futures
- 29:32is very active during New York now how
- 29:34do you know which session opens at what
- 29:37time in your time zone
- 29:40all you got to do is I'm going to give
- 29:41you two ways
- 29:42one which is this l uh this website
- 29:45right here and then second one is going
- 29:46to be my indicator which I made
- 29:47completely for free for you guys and I'm
- 29:49going to tell you the name of it after
- 29:50that all you got to do is write baby
- 29:52pips and then go to whichever time zone
- 29:54you live in you know like Dubai for
- 29:56example or if you live in Singapore or
- 29:58if you live in the US let's go let's say
- 30:00New York let's say you live in New York
- 30:02or you know you live in this time zone
- 30:05and then here you can see okay Asia
- 30:08opens in your time zone at 5:00 p.m.
- 30:11until
- 30:13as I said, Tokyo, Sydney and Tokyo are
- 30:16the same session. So, it opens from 5:00
- 30:18p.m. to 5:00 a.m.
- 30:21New York time. And then London session,
- 30:24London session would open at 3:00 a.m.
- 30:27to 12:00 p.m. your time. Okay, New York
- 30:30session. New York session opens 8:00
- 30:33a.m.
- 30:34to 5:00 p.m. your time. 8 a.m. is
- 30:37because it's assuming Forex. If if
- 30:39you're trading futures, it should be
- 30:409:30 a.m. So, it's 8:00 a.m. and then
- 30:43until 5:00 p.m. And then sometimes you
- 30:44can see during the same time
- 30:48more than one session can be open,
- 30:49right? Like here for example,
- 30:52you see London and New York are both
- 30:54open at that same time. That's normal,
- 30:57you know, like that's before the banks
- 30:59closed in Europe and then that's still
- 31:01New York banks are still opening. So it
- 31:04it is common you know you can see two
- 31:07it's called overlap when both sessions
- 31:09are open at the same time. So yeah,
- 31:11that's the best way to find which
- 31:14session opens in which time. As I said
- 31:17in the no strategy, you don't really
- 31:18need this like this. I'm just giving to
- 31:20you as extra knowledge, you know, in
- 31:22case you're talking to someone, you
- 31:24don't really need to understand which
- 31:25session, but like it's also if you're
- 31:27new here, it's good to understand
- 31:28sessions a bit, right?
- 31:31And a better way to do this is just
- 31:36doing this
- 31:38adding my free indicator. You just go
- 31:41here to indicators on Trading View and
- 31:44you write Omar Noek
- 31:46and you will be able to find my free
- 31:48indicator. You press on it and then
- 31:51you're going to find it here.
- 31:56You press on settings
- 31:59and then you scroll down and you can add
- 32:01the sessions literally like that
- 32:04and you can change the colors as well if
- 32:06you want like you wish.
- 32:08Uh where is it? Asia and then you can
- 32:11put the text as well.
- 32:15Boom. And then you see like it's going
- 32:16to show you automatically in your time
- 32:18zone when is each session open. Now I
- 32:21don't really use that but if you feel
- 32:23like okay you still want to know the
- 32:24sessions you can do that through my free
- 32:27indicator and which has a lot more
- 32:29features which we're going to talk about
- 32:31later in the video like the noick and so
- 32:34on. Like these noix in case you're
- 32:36wondering oh what are these triangles?
- 32:38We're going to talk about that. No
- 32:39stress. Okay. So, yeah, that should be
- 32:41it for trading sessions. It's pretty
- 32:44easy, pretty simple. No need to over
- 32:46complicate it. As I said in the noe
- 32:48strategy, you can trade all sessions,
- 32:50Asia session, London session, New York
- 32:51session, and it doesn't matter which
- 32:54session you want to trade. I usually
- 32:56don't recommend you trade all sessions
- 32:57because, you know, we start trading to
- 32:59escape escape the 9 to5. So, don't sit
- 33:02on the charts and try to trade Asia,
- 33:04London, New York. Just choose one that
- 33:07works the best for your time zone and
- 33:09that's it. Like usually you should be
- 33:11trading the no strategy for one hour a
- 33:13day and that's it. Like you don't need
- 33:14more than one hour a day. So I prefer
- 33:17that you actually choose one session. Be
- 33:19like, "Okay, cool. I'm going to be
- 33:20trading from 8:00 a.m. to 9:00 a.m. my
- 33:22time and that's it." Or 8:00 p.m. to
- 33:249:00 p.m. my time. Or 12:00 p.m. to 1:00
- 33:26p.m. Or 12:00 p.m. to 2:00 p.m. and
- 33:29that's it. All right. So no need to
- 33:31overthink this. Now let's move to the
- 33:33next part. All right. So now what we're
- 33:34going to talk about is regular candles.
- 33:36Now you guys know I only trade no wick
- 33:39candles. What does a no candle mean? It
- 33:41means a candle with no wick. Now before
- 33:43we move to that, we're going to just
- 33:45explain what a regular candle is. I'm
- 33:47going to do it super brief. This is, you
- 33:49know, like the basic of the basic. If
- 33:51you already know it, feel free to skip
- 33:52it. I'm not going to be, you know, sad.
- 33:54You could just directly skip to the next
- 33:56part, which is going to be probably the
- 33:57mark structure. Or if you want to watch
- 33:59it, feel free to do so. This is going to
- 34:01take like one two minutes max and it's
- 34:03pretty easy you know. So
- 34:07you have two type of candles all right
- 34:09you have something called a bullish
- 34:10candle and then you have something
- 34:12called a bearish candle. These are the
- 34:14regular candles. All right there's not
- 34:16no candle. This is a regular candle. So
- 34:18what is a bullish candle? It is like
- 34:21this candle the green candle. Now it
- 34:23doesn't have to be green if you change
- 34:24it in the settings but usually if you
- 34:26have the default settings it's a green.
- 34:28And then what is a bearish candle? It's
- 34:30a red candle. Okay. Now, what does a
- 34:33bullish candle mean? A bullish candle
- 34:35means price went up. Now, a bearish
- 34:38candle means price went down. That's it.
- 34:42Like as simple as it is, that's all what
- 34:45it means. Bullish candle means price
- 34:47open, start pushing up directly. Bearish
- 34:50candle means price open and then start
- 34:52pushing down.
- 34:54Now
- 34:56a bullish candle
- 34:58opens from the bottom. All right, this
- 35:01is very important that you know it. A
- 35:02bullish candle always opens from the
- 35:04bottom and then when it closes, it
- 35:06closes from the top. That's it. So
- 35:10again, let me say it one more time. A
- 35:12bullish candle opens from the bottom and
- 35:15closes from the top. A bearish candle
- 35:18does the opposite. It opens from the top
- 35:22and closes from the bottom.
- 35:25That's it. Okay, that's like how to know
- 35:29how where candle opens and closes. So
- 35:32that's the only difference. Bullish
- 35:34candle opens from the bottom, closes on
- 35:36the top. Bearish candle opens from the
- 35:38top, closes from the bottom. Now, this
- 35:41right here is called a wick. This right
- 35:43here is called a wick. This right here
- 35:45is called a wick. This right here is
- 35:47called a wick. My name is Omar Noick. I
- 35:49don't have a wick, and you're going to
- 35:51understand why later.
- 35:53So
- 35:55yeah, that's it pretty much. And then
- 35:56this in the middle is called body. Okay,
- 36:01it's very very important if you're new
- 36:03here or not here. If you're new in
- 36:05general to trading, it's very important
- 36:06that you understand these words because
- 36:08I'm going be using them a lot. Like this
- 36:11candle opened here, this candle closed
- 36:12here. So it's very important that you
- 36:14know, okay, bullish opens here, bullish
- 36:16candle closes here, bearish candle opens
- 36:19here, bearish candle closes here. And
- 36:21then when I say, "Oh, but it's wicked or
- 36:24it made this wick or it has no wick."
- 36:26It's important that you know what is a
- 36:27wick. This is a wick. This is a wick.
- 36:29This is a wick. This is a wick. And then
- 36:32everything in between is called a body.
- 36:35Now I could directly quickly show you an
- 36:38example.
- 36:40You see
- 36:43all the green candles are called bullish
- 36:45candles. All the red candles are called
- 36:47bearish candles. Now where did this
- 36:49candle? So let's do this. Okay, this
- 36:52candle, this bullish candle. It opened
- 36:54here, closed here. Then the candle after
- 36:58is also a bullish candle. Opened here,
- 37:00closed here. Then the candle after is
- 37:02also a bullish candle. Open here, closed
- 37:04here. Then after that, the bearish
- 37:07candle opened here, closed here. And
- 37:09then the next candle, open here, close
- 37:12here. Then the bullish candle after open
- 37:14here, closed here. Open here, close
- 37:17here. Open here, close here. Open here,
- 37:20close here. That's it. That's all you
- 37:22need to know. All right, very simple.
- 37:24It's just pretty much telling you this
- 37:26bullish candle is telling you price open
- 37:27here, close here, and then the wick is
- 37:30telling you where the price went. Okay,
- 37:31it went down, then up, then end up
- 37:33closing here. That's where this candle
- 37:35closed. Same concept here. This candle
- 37:38opened here, went up, down, closed here.
- 37:41That's all you need to care about. Then
- 37:43this is called the body.
- 37:45And then this is called a wick. That's
- 37:47it. All right. very very very simple
- 37:49stuff. If you didn't get it, re-watch it
- 37:51again. I don't want to, you know, go too
- 37:52much about this cuz this is super basic
- 37:54and I'm going have a longer video
- 37:56explaining this super super basic stuff.
- 37:59So, if you didn't get it, re-watch it
- 38:00and it's very important for you if
- 38:02you're complete complete beginner. And
- 38:04now let's move to the next part. Now,
- 38:06we're going to start with the exciting
- 38:07part aka market structure. Let's get it.
- 38:10All right. So, now what we're going to
- 38:11talk about is advanced market structure.
- 38:13Don't let this fool you. This is basics.
- 38:16But you can see here we're going to be
- 38:17talking about advanced market structure.
- 38:20And
- 38:21look, I want to be honest with you,
- 38:23right?
- 38:25Half of the strategy is knowing how to
- 38:27read trend slashmark structure, whatever
- 38:29you want to name. is very very very
- 38:32important that you learn it the way I do
- 38:36because even if you know how to read
- 38:38market structure, it's going to be I can
- 38:41guarantee you that it's going to be
- 38:42different than the way I read market
- 38:44structure because I have a let's say a
- 38:47different way of reading market
- 38:48structure that no one else does. All
- 38:51right? And maybe the terminology is
- 38:53going to be different. You know, when we
- 38:54say break structure in ICT, it means
- 38:57something and the way I use it, it means
- 38:58something. So what we're going to do now
- 39:00is I'm going to show it to you here. I'm
- 39:02going to show you what is a change of
- 39:03character, what is the break structure
- 39:05according to me, uptrend, downtrend, and
- 39:08then the three steps confirmation for
- 39:10trend reversal. How I follow, let's say
- 39:13for change of character, body closure
- 39:15instead of
- 39:17wicks and then after that we're going to
- 39:19do a quiz. So we test your knowledge and
- 39:22make sure that you actually understand
- 39:24what's going on and make sure that you
- 39:26actually know
- 39:28how I read market structure and if you
- 39:31answer the quiz right then you can
- 39:34actually look on the charts how we do
- 39:36it. If you don't get it right then
- 39:39re-watch the whole thing. All right? So,
- 39:41please focus now so that you can answer
- 39:43the quiz right and then you can move to
- 39:45the next step because if you get the
- 39:46quiz wrong, you'll have to re-watch this
- 39:48part and then do it again. Save yourself
- 39:50some time and actually lock in. And
- 39:54because the quiz is going to be tricky,
- 39:55all right, I'm telling you from now, I'm
- 39:57not supposed to say this, but the quiz
- 39:58is going to be tricky. And at the end of
- 40:01this, I'm going to show you a way to
- 40:03actually be able to read market
- 40:04structure mechanically and how to use
- 40:07indicators and so on if you want to do
- 40:09so. But it's very important that you
- 40:10understand the basics first. Cuz if I'm
- 40:12going to be completely honest with you,
- 40:14there is no indicator that can read
- 40:16market structure 100%. No indicator can
- 40:19read it the same exact way humans read
- 40:21market structure. With that being said,
- 40:23let's get into it. So there's three
- 40:26types of trends.
- 40:28There is something called this is very
- 40:31easy, very simple, uptrend, downtrend,
- 40:34and then consolidation. Now
- 40:38an uptrend
- 40:40has another name which is
- 40:43bullish trend right here. So an uptrend
- 40:46can be called an uptrend or it can be
- 40:48called bullish trend. And then for
- 40:50downtrend it can be called bearish
- 40:53trend. So whenever I say uptrend it
- 40:56means bullish trend. Whenever I say
- 40:57downtrend it means bearish trend. And
- 40:58then if I say bearish trend means
- 41:00downtrend. So whenever I say it get it
- 41:03all right. And then we have
- 41:05consolidation or horizontal trend. I
- 41:08don't use the word horizontal trend. I
- 41:09don't think anyone does. We just say
- 41:11consolidation. The market's
- 41:12consolidating.
- 41:14Now
- 41:15an uptrend from its name, right? The
- 41:18price is trending upward. That's why
- 41:20it's called up trend. In this case, that
- 41:23means price is pushing up. And then a
- 41:26downtrend or a bearish trend. Price is
- 41:30pushing down. So price is moving down.
- 41:33Price is trending downward like this
- 41:37and then an uptrend price is moving up
- 41:39like this and then consolidation as you
- 41:42can see price is moving horizontally aka
- 41:46it's not going up it's not going down
- 41:48it's just moving horizontally and that's
- 41:50it. So very easy, very simple, just
- 41:53quick summary. An uptrend price is
- 41:54moving up. A downtrend price is moving
- 41:57down. Consolidation the market is moving
- 41:59sideways. We don't trade that. So you
- 42:02don't need to really focus about
- 42:04consolidation. Okay? I don't care about
- 42:06it. We don't trade it. So no need to
- 42:08focus on it. What we care about is
- 42:10uptrend and downtrend. Now let's start
- 42:13with the uptrend.
- 42:15This is how most online gurus Oops.
- 42:19This is how most online gurus draw an
- 42:21uptrend. Perfect example. You know, the
- 42:24structure looks amazing and so on. In
- 42:26reality, it doesn't look like this. It
- 42:28looks something like this. Okay, that's
- 42:30just the truth behind it. You know, like
- 42:33mo when you go to the chart, the uptrend
- 42:35is not like going to look like this.
- 42:36It's going to look more like this. And
- 42:38I'm going to show you how it's going to
- 42:39look like with candles soon. Okay. So,
- 42:42let's get into it. I know you might be
- 42:44overwhelmed, but don't don't worry. I'm
- 42:46going to go step by step. An uptrend
- 42:50consists of higher highs and higher
- 42:52lows. What does that mean? That means or
- 42:54you could just memorize if you want.
- 42:57This this HH it means higher high. And
- 43:00this HL it means higher low. So the
- 43:03market consists of higher highs, higher
- 43:05lows, higher high, higher low, higher
- 43:08high, higher low, higher high, higher
- 43:10low, higher high, higher low. All right.
- 43:14Now, why is it called higher higher and
- 43:16higher low? I could explain to you. It
- 43:19doesn't really matter. You know, you're
- 43:21not going to benefit anything from it. I
- 43:23will explain to you actually. You're not
- 43:25going to benefit anything from it. But
- 43:26in case, you know, you're having a
- 43:27discussion with someone, it's good to be
- 43:29educated about it. [snorts] This is
- 43:31called higher high because this high
- 43:33right here is higher than this high.
- 43:37Then this is called higher high because
- 43:39this high right here is higher than this
- 43:41high. And then this higher is called
- 43:44higher high because this high is higher
- 43:45than this high. Same thing for higher
- 43:47low.
- 43:49This is called a higher low because this
- 43:52low right here is higher than this low
- 43:54right here. Then this is called higher
- 43:57low because this low is higher than this
- 43:59low. Now if you don't get it, don't you
- 44:01know start overthinking it. It's not
- 44:04that important. Trust me, it's not
- 44:06important. Just important that you know
- 44:08this is called higher high and this is
- 44:10called higher low and that's it. And in
- 44:12an uptrend the market consists of higher
- 44:15high and higher low. Now this is very
- 44:19important. When we break the highs it's
- 44:21called breaker structure. I know some
- 44:24other traders call breaker structure for
- 44:26something else. So don't confuse
- 44:27yourself. The way I do it is whenever we
- 44:30break a high we call it break structure.
- 44:34So you see we broke this high so we call
- 44:36it break structure boss. Then we broke
- 44:40this high. We call it break structure.
- 44:43Then we broke this high. So we call it
- 44:46break structure. So whenever we have a
- 44:48new higher high in an uptrend, it's
- 44:51called breakoff structure. That's it.
- 44:53Because I'm going to use this word
- 44:54often. So it's important that you
- 44:55understand what it means. Whenever we
- 44:58break a high,
- 45:00we call it break structure. Okay. Now,
- 45:05this is where most people mess it up. A
- 45:07lot of people mess this up. And that's
- 45:09why most people get faked out. A higher
- 45:12low is only confirmed when we break the
- 45:15highs. This is super super super
- 45:17important. A higher low is only
- 45:20confirmed when we break the highs. So
- 45:23look, we have this higher low. Is this a
- 45:25confirmed higher low? Yes. Why? Because
- 45:28we broke the highs. Is this right here a
- 45:30confirmed higher low? Yes. Why? Because
- 45:32we broke the highs. Is this right here a
- 45:35confirmed higher low? Yes. Why? because
- 45:37we broke the highs. Let's remove this
- 45:40for a second.
- 45:46Is this right here a confirmed higher
- 45:48low? No, not yet. Why? Because we didn't
- 45:52break the highs yet. We didn't break
- 45:53these highs yet. So, it's still not
- 45:55confirmed. Okay, cool.
- 45:58Is this now confirmed high or low? Like
- 46:01this? No, it's not. Why? Because we
- 46:04still didn't break the highs.
- 46:07Is this right now confirmed higher low?
- 46:09Yes, it is. Now it's officially
- 46:11confirmed higher low. Why? Because we
- 46:13have a break structure here.
- 46:16And now we can call this an official
- 46:22higher low. All right. So only when we
- 46:25get the break structure, this right here
- 46:28becomes a confirmed higher low. Before
- 46:30that, it's not a confirmed higher low.
- 46:32This is very very very very important.
- 46:34And you will be surprised how many
- 46:36people get this wrong when they first,
- 46:38you know, when I review their trades and
- 46:40so on. So let's do an example, okay? Or
- 46:45not an example. What do we call this
- 46:47now? Cuz you might like, okay, first of
- 46:50all, is this confirmed higher low? Look
- 46:52at it. Think. No, it's not. Why? Because
- 46:55we didn't have a break structure yet.
- 46:57You see this high right here? Then we
- 47:00didn't create a higher high yet. If if
- 47:01you're confused, what does
- 47:05breaking the highs mean? It means doing
- 47:07this, you know, closing above it or
- 47:10pushing beyond it. So, this right here
- 47:14is not a confirmed higher low. What do
- 47:16we call this? We call it potential
- 47:21higher low. Okay, this is still a
- 47:24potential higher low. When does it
- 47:25become a confirmed higher low? When we
- 47:28do this
- 47:30and this right here becomes a break
- 47:32structure.
- 47:35Now is this after we broke the high and
- 47:37we have a new break structure. Is this a
- 47:39potential higher low or is a confirmed
- 47:40higher low? It's a confirmed higher low.
- 47:43Why? Because we have a break structure.
- 47:45So now it becomes confirmed.
- 47:50All right. Very easy, very simple. If
- 47:52you didn't get this part, re-watch it
- 47:54again because
- 47:56if you don't get this right now, you're
- 47:58going to be confused on what's happening
- 48:00next.
- 48:02Okay, cool. Now,
- 48:07after a break of structure, a new higher
- 48:10low is formed and we call it recent
- 48:13higher low. So, every time we get a
- 48:15break structure, you know, the confirmed
- 48:17higher low, this is called a recent
- 48:19higher low. Just remember this. You
- 48:22cannot have a break structure without
- 48:24having a confirmed higher low. As simple
- 48:27as it is. Every time you have a break
- 48:30structure, now you have a new recent
- 48:32higher low. Every single time we have a
- 48:35break structure, we have a new higher
- 48:37recent higher low. We have break
- 48:38structure. Now we have a recent higher
- 48:40low. Okay. So let's do this quickly to
- 48:44make sure that you understand where is
- 48:46the recent higher low. Boom. Boom. Boom.
- 48:48Got a break structure. This is the most
- 48:49recent higher low. Boom, boom, boom,
- 48:51boom, boom. Break structure. This is the
- 48:53most recent higher low. Boom, boom,
- 48:55boom, boom, boom, boom, boom. Okay,
- 48:56break structure. This is the most recent
- 48:57higher low. Now, you might be wondering,
- 49:00okay, Omar, but what about this?
- 49:03Or what about this? What's going on
- 49:06here? Everything between higher high and
- 49:10higher low is just internal structure.
- 49:12So between the higher high or between
- 49:14the higher low and higher high it should
- 49:15be actually between the higher low and
- 49:17higher high anything that happens is
- 49:20just called internal structure. So we
- 49:22don't care about it. All of this noise
- 49:24right here we don't care about it. All
- 49:26of this we don't care about it. Only
- 49:28once we get the break structure that's
- 49:30when we care about it. And I'm going to
- 49:31give you a trick on what to do in these
- 49:32cases.
- 49:34Ignore the internal structure is just
- 49:36noise. So everything as I said between
- 49:38the higher low and higher high is noise.
- 49:41In this case we don't have it. Okay,
- 49:42cool. Between this higher high and this
- 49:44higher high, we got this higher low. So
- 49:48everything in between, we don't care
- 49:49about this. Just internal structure
- 49:51right here. We don't care about it.
- 49:52Cool. Then
- 49:55between
- 49:57boom boom between this higher high and
- 50:00higher high. Anything in between we
- 50:02don't care about. And then once we had
- 50:04the break structure, cool. Now we care
- 50:06about it. Then we look at the higher
- 50:07low. So all of this we don't care about.
- 50:09It's just internal structure noise.
- 50:13Now, whenever
- 50:16you're not sure where is the higher low,
- 50:18just use the method which I call the
- 50:20snake method to confirm the recent
- 50:22higher low. What do I mean by that?
- 50:24Because some people might think this
- 50:27right here is the higher low. And this
- 50:29is not correct. This is called swing
- 50:31low. It's something I'm not going to
- 50:33talk about right now because it's not
- 50:35that important to be honest. It's a
- 50:37swing low is the lowest point before the
- 50:38break structure. It's not important. I
- 50:40don't use it. I use recent higher low.
- 50:42That's why I'mma focus more on recent
- 50:44higher low. [snorts] Now, if you're not
- 50:47sure where is the recent higher low, use
- 50:48the stink method. So, let's say we have
- 50:50number one here
- 50:54and number two here and you're not sure,
- 50:56okay, is number one the higher low or
- 50:57not? Because you know, okay, as we said
- 50:59before, after a break of structure, a
- 51:01new higher low is formed, recent higher
- 51:03low. So after we got this break
- 51:05structure, where is the most recent
- 51:07higher low now? Is it one or is it two?
- 51:09In this case, we do the break, we do the
- 51:11snake method. What is the snake method?
- 51:14You go to the higher high and then you
- 51:16mark it up like this. Then you bring a
- 51:19tail like this and then the first curve
- 51:22you see that would be the higher low and
- 51:25that would be the snake method to
- 51:27confirm where is the higher low. Okay,
- 51:29let's do it one more time. We got
- 51:32breakout structure after structure. New
- 51:34higher lows formed. Recent higher low.
- 51:36Cool. Everything in between higher high
- 51:38and higher lows in turn structure. We
- 51:40don't care about it. Cool. Now, where's
- 51:42the higher low? I need to know where's
- 51:43the higher low. Is it one or is it two?
- 51:44I'm not sure. Use the snake method to
- 51:47confirm the recent higher low. So, we
- 51:49make circle like this. Then we do the
- 51:52snake method. And boom. Now, I found it.
- 51:55So, number two is the higher low. It's
- 51:57not number one. It's the most recent
- 51:58one. So the closest one to the higher
- 52:00high is the higher low. Now let's do
- 52:03this. This is a bit, you know, you see
- 52:04now we're getting better. Now this is a
- 52:06bit more advanced. We got a break of
- 52:09structure. Or let's delete this first.
- 52:11We got a break structure. Why did we get
- 52:14a break structure? Because we broke the
- 52:16higher high. Cool. After a break
- 52:19structure, a new higher low is formed.
- 52:21Recent higher low. So everything in
- 52:24between higher high and higher low is
- 52:25internal structure. Ignore that. Okay,
- 52:27cool. So, all of this we don't care
- 52:28about. Nice. Use snake method to confirm
- 52:31the recent higher low. Let's do the
- 52:33snake method. We start with a higher
- 52:36high. Then let's do the snake method. We
- 52:39do this. Boom. All right. Cool. That's
- 52:42the most recent higher low. Amazing.
- 52:44Now, we found the most recent higher
- 52:46low. And that would be it. Okay. Very
- 52:49easy. Very simple. Now let's actually
- 52:52see if we were doing this, you know,
- 52:56if we were actually analyzing the
- 52:58market, if you would be able to read the
- 53:00market structure correctly or not.
- 53:08Perfect.
- 53:12Amazing.
- 53:14Okay, let's start.
- 53:16We have a low, high,
- 53:20higher low, higher high. Let's write
- 53:23them down.
- 53:25Higher high.
- 53:30Higher low.
- 53:32Higher high. Perfect. Where's the break
- 53:36structure? Simply, it's here because
- 53:40that's where we broke the highs.
- 53:43Cool. Now,
- 53:47after a break of structure, a new higher
- 53:49low is formed. Where is the most recent
- 53:50higher low? We look. Boom. All right.
- 53:53Cool. If you're not sure, you do the
- 53:54snake method. This time, it's easy to
- 53:56find, but let's do the snake method.
- 53:58Boom. Okay, cool. Now, here's the trick
- 54:01I'm going to give you. Just use this.
- 54:03It's called horizontal ray. Mark up the
- 54:06higher low and mark up the higher high
- 54:08like this. Okay? Just do that. It's
- 54:12going to help you a lot. If you're, you
- 54:13know, if you're new to this strategy,
- 54:15use this. It's going to help you a lot.
- 54:16Now, obviously, after a while, you don't
- 54:18need to do this because just gets easy
- 54:20from there. Like, you don't have to do
- 54:22this after a while. Now, let's see.
- 54:24Okay, we have the higher high, we have
- 54:26the higher low. Amazing. Everything
- 54:28between higher high and higher low is
- 54:30internal structure. So, between these
- 54:31two lines, we don't care about what's
- 54:33going on. I don't give a single
- 54:37damn about what's happening between
- 54:39these two blue lines. Everything between
- 54:41them is just internal structure. Ignore
- 54:43it. It's noise. And then here we broke
- 54:45the high. You see we broke this high
- 54:48right here. Cool. So this becomes the
- 54:51higher high. All right. Where is the
- 54:53break structure? Right here.
- 54:56Boom.
- 54:59Again after a break structure a new
- 55:02higher low is formed. Recent higher low.
- 55:05Let's write first of all this.
- 55:08Now we're gonna find the most recent
- 55:09higher low. How do we do that? Again,
- 55:11snake method. You mark up the head. You
- 55:15look where is the most recent higher
- 55:16low. Okay, it's here. Nice. So, this
- 55:19becomes the most recent higher low.
- 55:24Now, we put the blue line on it.
- 55:26Anything in between these two blue
- 55:28lines, everything between the higher
- 55:29high and higher lows internal structure,
- 55:31we don't care about it. So, whatever is
- 55:32going on here, we don't care about it
- 55:33until we break this low or this high.
- 55:35And I'll explain to you what we do when
- 55:36we break this low. All right. In the
- 55:38next step.
- 55:40Amazing. Now, anything in between we
- 55:42don't care about. And then we broke the
- 55:43high again. Amazing. So, this right here
- 55:46becomes the higher high.
- 55:49Higher high.
- 55:54This right here becomes the break
- 55:56structure.
- 56:00And now, let's see where is the most
- 56:01recent higher low. We do the snake. We
- 56:05look. Boom. All right, it's here.
- 56:08Amazing.
- 56:10Now, we mark up this and this becomes
- 56:12the higher
- 56:15low.
- 56:16Okay, now let's keep actually running
- 56:19the example just so you guys understand.
- 56:21Anything that happens in between, I
- 56:23don't care about, you know, whatever
- 56:24want to happen can happen. I don't care.
- 56:27I genuinely don't care what's going to
- 56:29happen in between. All right, cool. And
- 56:31I'm going to show you what happens if we
- 56:32break the lows. Okay, but that's for the
- 56:35next step. Okay, cool. Now we broke the
- 56:37high.
- 56:39So this became right here. This became
- 56:41the high. So this became the higher
- 56:44high.
- 56:46All right.
- 56:48After and this became the break
- 56:49structure. Why? Because we broke the
- 56:51high
- 56:54bullish break structure. Now everything
- 56:57between the higher high and higher low
- 56:59is internal structure. Ignoreing ignore
- 57:01internal structure. All right. Now after
- 57:04break structure a new higher low is
- 57:05formed. Recent higher low. Where is
- 57:07that? Let's see. We do the snake method.
- 57:10Boom.
- 57:12Oh, first curve. Cool. I found it.
- 57:15Higher low.
- 57:20Let's mark it up.
- 57:23Amazing. All right. Now, what's going to
- 57:25happen?
- 57:27Let's say something like this. Something
- 57:28like this. All right. This became the
- 57:31higher high. What is this break
- 57:34structure?
- 57:37After a break of structure, we always
- 57:39need to have after break structure, a
- 57:41new higher low is formed, recent higher
- 57:43low. So, this becomes the most recent
- 57:45higher low right here.
- 57:48We move the blue line there and you get
- 57:50and then it just keeps going until the
- 57:51trend reverses from an uptrend to a
- 57:53downtrend, which we're going to talk
- 57:55about later. All right,
- 57:58so that should be it. Uh let me just do
- 58:01this quickly so that you guys can
- 58:03actually if you want to take picture you
- 58:05can do it.
- 58:20All right.
- 58:26All right.
- 58:28That should be it. I believe.
- 58:35Amazing. If you want to take a picture
- 58:37of this, feel free to do so. But I have
- 58:39one rule. I got to look good.
- 58:44All right. Take that picture, put it in
- 58:45your notes or if you're writing down,
- 58:47write down, pause the video, draw
- 58:49everything we talked about so that you
- 58:52can actually start understanding this
- 58:53because as I said earlier, no one will
- 58:56be able to understand your notes better
- 58:58than the way you do. It's as simple as
- 59:01it is, the way you understand your notes
- 59:03is going to be always, always, always
- 59:05the best way because I might explain
- 59:08this in 10 different ways. Right now, I
- 59:10can explain this in 10 different ways.
- 59:12The way you're going to write it is the
- 59:14best way for you to understand it. Okay?
- 59:16And if you've been watching this far,
- 59:18this already tells me that you are
- 59:19serious about trading. So, lock into,
- 59:23okay? Write down, take notes on your
- 59:25laptop, on your phone. If you want to, I
- 59:29know a lot of people who like to to to
- 59:30write manually. Whichever you prefer, do
- 59:34it and take notes. Okay, cool. Now,
- 59:36we're going to move to the downtrend.
- 59:39Now this is going to be way easier
- 59:40because if you already understood the
- 59:42uptrend now you should be able to
- 59:43understand the downtrend.
- 59:46Again this is how a perfect example
- 59:49perfect downtrend example or bearish
- 59:51example looks like but realistically
- 59:54that's how it looks like. So this is a
- 59:55perfect example and then this is a
- 59:57realistic example.
- 1:00:00All right. Now you remember how we were
- 1:00:02saying in an uptrend we have higher
- 1:00:03highs and higher lows. And a downtrend
- 1:00:07consists of lower highs and lower lows.
- 1:00:10Okay, I know the names might be a bit
- 1:00:11confusing, but it's okay. A downtrend is
- 1:00:14made of lower high and lower low. You
- 1:00:16don't need to actually understand it.
- 1:00:18Just as long as you memorize it. Imagine
- 1:00:20it as if it's a I don't know what is the
- 1:00:23class you hate the most. Math. I I'm
- 1:00:25good at math. English? No, I love
- 1:00:28English. Uh, [snorts]
- 1:00:31sports. I love sports. Science. Biology.
- 1:00:33I used to hate biology classes. You know
- 1:00:35what I used to do? Memorize that
- 1:00:37out of biology or history classes. Just
- 1:00:40memorize it. You don't even really need
- 1:00:41to understand it. So, this right here is
- 1:00:45called lower high. Why? Because this
- 1:00:47high right here is lower than this high.
- 1:00:50Then
- 1:00:52this is called lower low. Why? Because
- 1:00:55this low right here is lower than this
- 1:00:57low. If you understood it, great. If you
- 1:00:59didn't understand it, just memorize it.
- 1:01:01A downtrend consists of lower highs and
- 1:01:04lower lows. Lower highs, lower lows,
- 1:01:07then lower high, lower low, lower high,
- 1:01:09lower low, lower high, lower low, lower
- 1:01:11high, lower low. Lower high, lower low.
- 1:01:13You get the point.
- 1:01:16All right. What time is it now? God
- 1:01:17damn, it's 7:30. That's why I'm starting
- 1:01:20to tweak. Plus, my laptop needs some
- 1:01:22charging.
- 1:01:26And now it's charging. So
- 1:01:29same thing as uptrend whenever you
- 1:01:32remember how we said in the uptrend
- 1:01:33whenever we break the high it's called
- 1:01:34break break structure same thing in a
- 1:01:37downtrend whenever we break the lows
- 1:01:39it's called break structure so we broke
- 1:01:42this low right here then we call it
- 1:01:44break structure we made a lower high
- 1:01:46lower low
- 1:01:48we broke the lows so we call it break
- 1:01:49structure same exact concept every time
- 1:01:53we break the lows it's called break
- 1:01:56structure
- 1:01:57And then a downtrend consists of lower
- 1:01:59highs and lower lows. Now, here's the
- 1:02:01most important part. A lower high is
- 1:02:04only confirmed when we break the lows.
- 1:02:07Same exact thing as the uptrend. You
- 1:02:09remember how in the uptrend we said a
- 1:02:11higher low is only confirmed when we
- 1:02:12break the highs. Same concept here. A
- 1:02:15lower high is only confirmed when we
- 1:02:17break the lows. What do I mean by that?
- 1:02:21This lower high right here became
- 1:02:25confirmed after we did the break
- 1:02:26structure. This lower high right here
- 1:02:29became confirmed only when we did the
- 1:02:31break structure.
- 1:02:36Is this a confirmed lower high? No, it's
- 1:02:39not. It's a potential lower high. Good
- 1:02:41job. Is this confirmed lower high? No,
- 1:02:44it's not. It's still a potential lower
- 1:02:46high. Is this a confirmed lower high?
- 1:02:50Yes, it is. Why? Because we had the
- 1:02:52break structure right here. So, after we
- 1:02:54had the break structure right here,
- 1:02:57this right here became a lower high.
- 1:03:01Okay.
- 1:03:02Then,
- 1:03:04let's do another example. Is this a
- 1:03:06confirmed lower high?
- 1:03:08No, it's not. It's a potential lower
- 1:03:10high because we didn't have a break
- 1:03:11structure yet. Is this a confirmed lower
- 1:03:14high? No, it's not because we didn't
- 1:03:17have a break structure yet.
- 1:03:19What about now? Yes, it is. Why? Because
- 1:03:22we had a break structure right here.
- 1:03:28So, this becomes a confirmed lower high.
- 1:03:30All right. Very easy, very simple. Don't
- 1:03:33confuse yourself. Now, this is how a
- 1:03:36realistic downtrend looks like.
- 1:03:43Damn, I need to drink some water.
- 1:03:47This is tiring, man. Maybe I will
- 1:03:50finish the trend, go sleep or grab
- 1:03:52coffee, and then get back to it cuz I
- 1:03:54haven't slept yet and it's already 7:30.
- 1:03:57Okay, that's right. Lock in, Omar. So,
- 1:04:02after a break of structure,
- 1:04:06a new lower high is formed. Always think
- 1:04:09about it like this. Every time you have
- 1:04:11a break structure, a new lower high is
- 1:04:15formed. Okay. So, we have the break
- 1:04:17structure here. What? We need the break.
- 1:04:19We need the lower high. Here you go.
- 1:04:22Cool. We had a break structure here. New
- 1:04:26lower high is formed. Cool. We had a
- 1:04:29break structure here. A new lower high
- 1:04:32is formed. Cool. Everything between the
- 1:04:35lower high and the lower low is internal
- 1:04:37structure. Aka ignore internal structure
- 1:04:40is just noise. So, anything between the
- 1:04:43lower high and the lower low is just
- 1:04:45noise. We don't care about it. Anything
- 1:04:48between
- 1:04:50the lower high and the lower low is just
- 1:04:54internal structure. We don't care about
- 1:04:55it.
- 1:04:57Anything between the lower high and the
- 1:04:59lower low right here is internal
- 1:05:00structure. We don't care about it. We
- 1:05:02got break structure. We don't care about
- 1:05:04it. And as we said, every time we have a
- 1:05:06break structure, we need a new lower
- 1:05:07high. Now, how do we find the lower
- 1:05:11high? We use the snake method. So, we
- 1:05:12got a break structure. Perfect. After
- 1:05:15break structure, new lower high is
- 1:05:16formed. Recent lower high. Here we go.
- 1:05:18Amazing.
- 1:05:20Everything in between, we don't care
- 1:05:21about. Cool. Where's the recent lower
- 1:05:24high? We do the snake method. So, we do
- 1:05:26a head from the lower low. We go up. We
- 1:05:28find the curve. Cool. Found the lower
- 1:05:30high. Same thing again.
- 1:05:33We had a break structure right here. We
- 1:05:36got a lower low. So, where's the lower
- 1:05:38high? We do the snake method. Oh, here
- 1:05:42it is. This is the lower high. Amazing.
- 1:05:46Then we got a break structure here.
- 1:05:48Cool. Where is the most recent lower
- 1:05:49high? We do the snake method. Oh, here
- 1:05:53it is. We found it. Amazing. Why is this
- 1:05:55not the lower high? Well, simply this is
- 1:05:58not called lower high. This is called
- 1:05:59swing high. We don't want to talk about
- 1:06:00it right now. We don't care about it
- 1:06:03actually or it's very it's not advanced.
- 1:06:06It is advanced but also not only that
- 1:06:08it's you guys don't need it at this
- 1:06:11stage. Okay, that let's leave it at
- 1:06:12there. We don't need it at this point.
- 1:06:15So here we go. We do the snake. We found
- 1:06:17it. All right. Now let's have an example
- 1:06:19together.
- 1:06:22Where is eraser?
- 1:06:24I feel like I'm a teacher.
- 1:06:29I'm trying to explain as simple as it is
- 1:06:31because if you guys don't understand
- 1:06:32this part, no chance you're going to
- 1:06:33understand the rest. That's why like I
- 1:06:35like to take my time on the basics so
- 1:06:37when we go to the advanced stuff you can
- 1:06:39actually understand it properly. Okay,
- 1:06:42let's start.
- 1:06:44We have a high, we have a low
- 1:06:48do potential lower high, lower low. Oh,
- 1:06:51now we have a break structure here. So
- 1:06:54this became right here became the lower
- 1:06:56low
- 1:06:58or this one. Let's call it lower low.
- 1:07:02[sighs] We have the breaker structure
- 1:07:04right here.
- 1:07:08And then after a bearish break
- 1:07:10structure, what happens after break
- 1:07:11structure? A new lower high is formed.
- 1:07:13Recent lower high. Cool. Boom. You're
- 1:07:16not sure what it is. You do the snake
- 1:07:17method.
- 1:07:20Oh, we found it. Amazing. Let's call it
- 1:07:23lower high.
- 1:07:27Amazing. Great. Now, anything in between
- 1:07:29the lower high and the lower low, we
- 1:07:31don't care about it. Then here we had
- 1:07:33the break structure. Cool. This became
- 1:07:36the lower low
- 1:07:38because it's the lowest point.
- 1:07:41And then here is the break structure.
- 1:07:48And then as I said, anything in between
- 1:07:49we don't care about.
- 1:07:52And now we need to find the most recent
- 1:07:53lower high because after a break
- 1:07:55structure, a new lower high is formed.
- 1:07:56Let's find it. What? Oh, I found it. Did
- 1:08:00you guys find it as well? I hope so.
- 1:08:05This right here became the lower high.
- 1:08:09Nice.
- 1:08:11Then anything in between we don't care
- 1:08:13about. And then right here we had the
- 1:08:15break structure. Let's let me just do
- 1:08:17this so you guys can see it better. We
- 1:08:19had the break structure here. So this
- 1:08:20became the lower low.
- 1:08:27Where is the lower high? Or and then we
- 1:08:29have a break structure here. So we don't
- 1:08:31forget that.
- 1:08:34Now where is the most recent lower high?
- 1:08:37Because after break structure, a new
- 1:08:38lower high is formed. Where is it? We do
- 1:08:40the snake method.
- 1:08:42What? Oh, I found it.
- 1:08:45It's here.
- 1:08:52Lower high.
- 1:08:54Right.
- 1:08:56And that's how simple it is. What is
- 1:08:58this? Oh, that's what I was talking
- 1:08:59about earlier.
- 1:09:01Damn it. Cuz I want to draw to make sure
- 1:09:04that you guys actually understand it
- 1:09:05now.
- 1:09:21Feels like it's been a while ago since
- 1:09:22we were talking about that. Okay, cool.
- 1:09:26Now, let's continue the example.
- 1:09:28Anything in between, we don't care
- 1:09:31about, right? Whatever is happening, we
- 1:09:33don't care about. Then here, we have the
- 1:09:35break structure. Cool. We move the blue
- 1:09:37line here. And now, where's the most
- 1:09:40recent lower high? We do this. What? Oh,
- 1:09:43I found the most recent lower. Oh,
- 1:09:45actually, wait one second. Sorry. This
- 1:09:47became the lower low.
- 1:09:51This right here became the breaker
- 1:09:53structure.
- 1:09:57Now, where's the most recent lower high?
- 1:09:59We do this. Wh I found it. All right.
- 1:10:04So, this became the lower high.
- 1:10:10Now, let's see.
- 1:10:14Is this right here the lower high? No,
- 1:10:16it's not. Is this the lower high? No,
- 1:10:19it's not. Now, you might be like, "But
- 1:10:20Omar, it's very obvious that this is
- 1:10:23going to be the lower high." I'm going
- 1:10:24tell you no, because like some people
- 1:10:26would be like, "Oh, yeah, we went up,
- 1:10:28now we're going down. This is the lower
- 1:10:30high." And they will do this. I'll tell
- 1:10:31you, no, this is just a potential lower
- 1:10:32high. And you want to know why? Cuz what
- 1:10:34if price decides to do this now? Cuz you
- 1:10:38expecting it to come here, but what if
- 1:10:39it does this? You see, this wasn't a
- 1:10:42lower high. And then you be like, "Oh,
- 1:10:44okay.
- 1:10:47Now this got to be the lower high. I'm
- 1:10:50going to tell you no because what if
- 1:10:52price decide to do this.
- 1:10:55And then you like okay but now this has
- 1:10:57to be the lower high. I'm going tell you
- 1:10:58no because what if price decide to do
- 1:11:00this
- 1:11:02and they like okay but now this has to
- 1:11:04be the lower high. I'm going tell you
- 1:11:05no. What if price decide to do this and
- 1:11:08then like okay now this has to be the
- 1:11:10lower high. I'm tell you yes that's true
- 1:11:11because now this is the lower low
- 1:11:15right here.
- 1:11:17This right here is just the break
- 1:11:19structure.
- 1:11:23And now let's look at where is the most
- 1:11:25recent lower high. We do the snake
- 1:11:27method. Whoop. Found it.
- 1:11:31This becomes the lower high.
- 1:11:36And we mark it as confirmed lower high.
- 1:11:39And that's it. I hope you guys
- 1:11:41understood this. If you didn't, please
- 1:11:42rewatch this. Otherwise, you're not
- 1:11:44going to be able to understand the next
- 1:11:46stuff. All right? Or maybe this one you
- 1:11:48will, but like the ones after it. So,
- 1:11:51there's three notes I want to give you
- 1:11:52to summarize this.
- 1:11:55This right here, or not summarize this,
- 1:11:57this right here, this push up, for
- 1:12:00example, is called an impulsive move.
- 1:12:03Okay? This is called an impulsive move.
- 1:12:06Why? Because price moved in an impulsive
- 1:12:09way.
- 1:12:11This push back is called
- 1:12:13a retracement, right? So, whenever price
- 1:12:16pushes up, it's called impulsive move.
- 1:12:20Whenever it comes back, it's called
- 1:12:21pullback or retracement. Then impulsive
- 1:12:24move, retracement, impulsive move,
- 1:12:25retracement, impulsive move,
- 1:12:27retracement, impulsive move,
- 1:12:28retracement, and so on. Same example if
- 1:12:30it was a downtrend impulsive move
- 1:12:32retracement impulsive move retracement
- 1:12:35possive move retracement or impulsive
- 1:12:37move pullback because you know it made
- 1:12:39an impulsive move then price pulled back
- 1:12:42made an impulsive move then pull back
- 1:12:44impulsive move pull back impulsive move
- 1:12:46pull back and so on
- 1:12:50note number two after an impulsive move
- 1:12:54we need a strong strong pullback so we
- 1:12:56had the impulsive move I don't want to
- 1:12:59see small pullback like this one. This I
- 1:13:01don't count as a pullback. A pullback
- 1:13:03price has to come properly down. And I'm
- 1:13:05going explain to you later how to
- 1:13:07actually know what is a good pullback
- 1:13:08and what is not. Okay? So every time we
- 1:13:11get a strong push, we need a strong
- 1:13:12pullback at least like 50% of the move.
- 1:13:15I don't want to see something like this.
- 1:13:19This wouldn't be structure. It wouldn't
- 1:13:21be a higher low. No, it has to be
- 1:13:22something like this, like this, then
- 1:13:24like this. Okay? And I'm going to teach
- 1:13:26you how to actually know that. So these
- 1:13:29are not called higher lows unless if
- 1:13:31it's like this then it is a higher low.
- 1:13:34Note number three, kiss. Just kiss it
- 1:13:37man. Like whoa whoa whoa I love you too.
- 1:13:41No. Okay. Just kiss it. Hey this is not
- 1:13:44me. This is me tweaking right now cuz I
- 1:13:46haven't slept. All right.
- 1:13:49Just kiss it. Keep it simple
- 1:13:52significant. Don't over complicate it.
- 1:13:55Don't overthink it. Don't start, you
- 1:13:57know, thinking about every single move
- 1:14:00as a structure. Don't start, you know,
- 1:14:02overthinking your life. Just keep it
- 1:14:04simple, man. Keep it simple,
- 1:14:06significant. Actually, won't you know
- 1:14:07what? I'm going to change this. Let me
- 1:14:10change it.
- 1:14:12Keep it
- 1:14:13simple, stupid.
- 1:14:18Yeah. Just
- 1:14:21think about it, you know, like as a I
- 1:14:24don't like to use the word stupid. It
- 1:14:26feels disrespectful, but like think
- 1:14:28about it as a dummy, you know, like
- 1:14:29don't as if you're
- 1:14:33I believe you're a smart person. I don't
- 1:14:34I want to say in a way where I don't
- 1:14:36offend anyone. I believe you're a smart
- 1:14:38person because you're watching this
- 1:14:39video, but think about it as if you're
- 1:14:42slow, okay? Don't overthink everything.
- 1:14:45All right? Just keep it simple, man.
- 1:14:47Don't overthink it. Don't start over
- 1:14:50complicating your life. Cuz the minute
- 1:14:51you start over complicating it and you
- 1:14:54start overthinking it, that's where you
- 1:14:56start getting analysis paralysis. All
- 1:14:59right, with that being said, that should
- 1:15:00be it about market. No. Oh, whoa. Whoa.
- 1:15:03That's far from being done with market
- 1:15:05structure. But that's like the basics
- 1:15:08for the market structure. Now you know
- 1:15:10what is uptrend. Now you know what is a
- 1:15:12downtrend.
- 1:15:14Now you know what is a break structure.
- 1:15:16What is internal trend? What is a
- 1:15:18confirmed higher low? What is the snake
- 1:15:19method?
- 1:15:22What is breaker structure? We set a
- 1:15:24higher high, higher low, lower high,
- 1:15:25lower low, internal structure, snake
- 1:15:27method, internal structure. And yeah,
- 1:15:30you know a lot actually now uptrend,
- 1:15:32downtrend, horizontal trend, pullback,
- 1:15:35push, pullback, retracement,
- 1:15:38kiss it. [laughter]
- 1:15:40Yeah, you know a lot now. So now we
- 1:15:43gonna move to the next steps. All right.
- 1:15:47Now where the real sauce is going to
- 1:15:49start dropping. All right. All right. So
- 1:15:51now let's continue with the video. So
- 1:15:53now we're going to talk about something
- 1:15:54very very very very simple but yet I
- 1:15:56don't know why people mess it up a lot.
- 1:16:00Now this is extremely simple. And this
- 1:16:03is like the first step of what we're
- 1:16:05going to talk about. So now you already
- 1:16:06know what an uptrend is, right? higher
- 1:16:09high, higher low, higher high, higher
- 1:16:10low, breaker structure. And then you
- 1:16:12know what a downtrend is. You know lower
- 1:16:15high, lower low, lower high, lower low.
- 1:16:17But haven't you thought about, okay,
- 1:16:19cool. I know what uptrend is. I know
- 1:16:22what a downtrend is. But when does the
- 1:16:23market actually changes from an uptrend
- 1:16:26to a downtrend? Right? Cuz like at one
- 1:16:29point, yes, it is an uptrend, but it has
- 1:16:31to switch to a downtrend and vice versa,
- 1:16:33right? It can be a downtrend and it has
- 1:16:35to switch an uptrend. Now, here's where
- 1:16:37most people get it wrong. They do only
- 1:16:40something called change of character or
- 1:16:42some people call it breaker structure.
- 1:16:44If you're an already an ICT trader, the
- 1:16:48change of character is pretty much what
- 1:16:49they call break structure. So, don't
- 1:16:51confuse yourself. Learn from me. Forget
- 1:16:53about all the other BS and just use my
- 1:16:56terminologies. Okay. Now,
- 1:16:59what is pretty much an change of
- 1:17:01character? Now, what we're going to talk
- 1:17:03about is change of character. Okay,
- 1:17:06for me for a trend to switch from an
- 1:17:08uptrend to a downtrend, it has to do go
- 1:17:11through three steps, which we're going
- 1:17:13to talk exactly about after this. But
- 1:17:16first, we're going to focus about the
- 1:17:17first step, which is the change of
- 1:17:19character. After that, we're going to
- 1:17:20focus on the second step. After that,
- 1:17:21we're going to focus on the third step.
- 1:17:23So, what is the first step? Change of
- 1:17:25character. So, if I come to you and
- 1:17:27straight up ask you, what is the first
- 1:17:29step for an uptrend to switch down a
- 1:17:32downtrend? What is your answer? First
- 1:17:34step we need is a change of character.
- 1:17:37All right.
- 1:17:38So an uptrend switching to a downtrend
- 1:17:40first step. This happens only only and
- 1:17:45only after we break the most recent
- 1:17:48confirmed higher low. Actually also the
- 1:17:50most recent low which we're going to
- 1:17:51talk about later. So but for now this
- 1:17:54happens only after we break the most
- 1:17:55recent confirmed higher low. What do I
- 1:17:58mean by that? Let's start with this. We
- 1:18:00have a low high, higher low, higher high
- 1:18:03break structure. Nice. Then we have a
- 1:18:07higher [snorts] low, higher high, break
- 1:18:08structure. Nice. And then let's say we
- 1:18:10have a higher low, higher high, break
- 1:18:11structure. Nice. But at one point, the
- 1:18:13trend has switched from an uptrend to a
- 1:18:15downtrend. When does that happen? This
- 1:18:19happens only when we break the most
- 1:18:21recent higher low in the case of an
- 1:18:23uptrend. So this happens only after
- 1:18:26break the most recent confirmed higher
- 1:18:27low. Now why? Why? What do I mean by
- 1:18:29confirmed? You already know what I mean
- 1:18:31by confirmed. Like if we see an uptrend
- 1:18:33like this, right?
- 1:18:36Is this a confirmed higher low? No, it's
- 1:18:39not. Why? Because we still didn't break
- 1:18:40the highs. True. True. So, because we
- 1:18:44still didn't break the highs yet, this
- 1:18:46is just a potential higher low. So, if
- 1:18:48we do this, is this right here a change
- 1:18:50of character? No, it's not. only when we
- 1:18:54break this this would be the change of
- 1:18:56character because this is the most
- 1:18:57confirmed most recent confirmed higher
- 1:18:59low. So just to make it easier
- 1:19:02focus on this to have a change of
- 1:19:04character which is the first step of
- 1:19:06trend reversal or trend switching
- 1:19:09in an uptrend we need to get a change of
- 1:19:11character aka we need to break the most
- 1:19:13recent confirmed higher low. All right
- 1:19:16if we're in an uptrend like this
- 1:19:19cool is the most recent higher low. This
- 1:19:21is the most recent higher high. Once we
- 1:19:23break this higher low right here, that
- 1:19:25would be a change of character. Now, if
- 1:19:28it was something like this,
- 1:19:30you see this is still not a confirmed
- 1:19:32higher low. Right? Let's let's read the
- 1:19:34trend together. Low, high, higher, low,
- 1:19:37higher, high. Or let's do the blue lines
- 1:19:38actually. Low,
- 1:19:41high,
- 1:19:43higher low, higher high,
- 1:19:47higher low,
- 1:19:50higher high, higher low,
- 1:19:54higher high, potential higher low, not a
- 1:19:57confirmed higher low. And then if we do
- 1:19:59something like this right here, would
- 1:20:02this be a change of character? No, it
- 1:20:05wouldn't be. Why? Because the rule for
- 1:20:06the change of character is this happens
- 1:20:08only and only after we break the most
- 1:20:11recent confirmed higher low. Okay, cool.
- 1:20:13Where's the most recent confirmed higher
- 1:20:15low? This blue line right here. Amazing.
- 1:20:18Let's say now we broke this. Yes, this
- 1:20:20would be a change of character. Okay,
- 1:20:22now this is a bit advanced which we're
- 1:20:24going to be covering again multiple
- 1:20:25times because I know you I'm not
- 1:20:27expecting you to understand from the
- 1:20:28first time. If you did that would be
- 1:20:30great and in simple terms you already
- 1:20:32know what it means. Now let's do it on
- 1:20:34the downtrend. Switching to an uptrend.
- 1:20:37A downtrend switching to an uptrend.
- 1:20:39First step, the change of character. So
- 1:20:41what is the first step for a downtrend
- 1:20:42to switch to an uptrend? Change of
- 1:20:44character. Cool. This happens only after
- 1:20:48we break the most recent confirmed lower
- 1:20:50high.
- 1:20:52Read it again. This happens only after
- 1:20:53we break the most recent confirmed lower
- 1:20:55high. So we have a high, low, lower
- 1:20:58high, lower low. Break structure. Nice.
- 1:21:01Then we have a lower high, lower low,
- 1:21:02break structure. Nice. And then we broke
- 1:21:05the most recent lower high. That would
- 1:21:06be the change of character. So high,
- 1:21:08low, lower high, lower low.
- 1:21:12Let's say we broke this high right here.
- 1:21:14Is this a change of character? Yes, it
- 1:21:15is. Why? Because this was confirmed
- 1:21:18lower high. Okay, cool. What about if it
- 1:21:20was like this?
- 1:21:24Boom.
- 1:21:25Boom. Is this right here a change of
- 1:21:28character? No. Is there a break
- 1:21:30structure? No. Why? Because we have a
- 1:21:32high low. This was the lower high, the
- 1:21:35confirmed one. And this was the lower
- 1:21:36low confirmed one. Then this became the
- 1:21:38lower low confirmed one. This became the
- 1:21:40lower high confirmed one. Then this
- 1:21:42became the lower low confirmed one. And
- 1:21:45then this till is the most lower most
- 1:21:47recent lower high. That's confirmed.
- 1:21:49Only after we break it like this, this
- 1:21:51right here will be a change of
- 1:21:52character.
- 1:21:54Got it? Hope you got it. Very easy. I
- 1:21:57don't want to go too much in depth into
- 1:21:58this because it's pretty easy. Like I
- 1:22:00don't think anyone would it up. If
- 1:22:02you didn't understand this, please
- 1:22:03rewatch this part. Otherwise, you're not
- 1:22:06going to understand the other parts
- 1:22:07because this is the first step of the
- 1:22:08trend reversal. If you don't understand
- 1:22:10the first step, how are you expecting
- 1:22:11yourself to understand the second and
- 1:22:13the third step. Now, let's move to the
- 1:22:15next steps. All right. So, now we're
- 1:22:17gonna talk about the three steps. Let's
- 1:22:18get it, man. This one is where it gets
- 1:22:21exciting and confusing. But if you
- 1:22:23actually understood the last part, this
- 1:22:25part shouldn't be confusing. Okay. So,
- 1:22:28first of all, why do we why did we write
- 1:22:30trend? It's a trend. All right. It's not
- 1:22:32a trend. So, trend reversal three steps
- 1:22:35confirmation. Let's start with the
- 1:22:38uptrend switching to a downtrend three
- 1:22:40steps confirmation. All right. Easily we
- 1:22:45have a uptrend clear uptrend and then
- 1:22:47you understand forget about this. Okay.
- 1:22:50So far until here we have a low higher
- 1:22:52low higher higher low higher high and
- 1:22:54then change of character. Did you get
- 1:22:56that, bro? Why am I asking? I'm so used
- 1:22:58to talking to my students and ask like,
- 1:23:00you know, this way and then I ask them,
- 1:23:02do you guys understand so far? And then
- 1:23:04they like yes or no. Repeat it. That's
- 1:23:06why I keep asking you guys. So, my bad
- 1:23:08on that. Anyway, so you understand the
- 1:23:11part that at least I hope you understood
- 1:23:13the part this part until the change of
- 1:23:15character. You understood the first
- 1:23:16step. So, for an uptrend switch to a
- 1:23:18downtrend, there's three steps. First
- 1:23:20step is the change of character aka
- 1:23:22breaking the low. Now let's move to the
- 1:23:26next step. After the change of
- 1:23:27character, price has to create a lower
- 1:23:30high. Okay, what do I mean by that? It's
- 1:23:34it's not allowed to go and create, you
- 1:23:36know, go up again and break the highs.
- 1:23:38No, it's after the change of character,
- 1:23:41it's not allowed to go and break the
- 1:23:43highs. This is something really, really,
- 1:23:45really important. Okay, so we are not
- 1:23:48allowed to go and break the highs again.
- 1:23:51If we do that, that's a different
- 1:23:53scenario which we're going to talk about
- 1:23:54later. But that's the second step for
- 1:23:57for an uptrend to switch to a downtrend.
- 1:23:59So first step, change of character.
- 1:24:02Second step, create a lower high or
- 1:24:05respect the higher high if you want to
- 1:24:07call it. So the lower high is not
- 1:24:09allowed to go and break the higher high.
- 1:24:11And then third step is a break
- 1:24:13structure. Easy. So after we make the
- 1:24:16lower high, go and break the lows. And
- 1:24:18that's it.
- 1:24:20So if if you want to re like if you
- 1:24:23actually know understood everything we
- 1:24:25can talk about you would realize okay
- 1:24:27technically it's not three steps
- 1:24:28technically it's two steps it's just
- 1:24:30change of character followed by a break
- 1:24:33of structure if you actually understood
- 1:24:34everything now I like to call it three
- 1:24:36steps because that's that way you guys
- 1:24:39are going to understand it better that's
- 1:24:41it not more so or like it's going to be
- 1:24:43simpler for you guys to understand so
- 1:24:45first step change of character we're
- 1:24:47talking about from an uptrend to a
- 1:24:49downtrend First step, change of
- 1:24:50character. Second step, respecting the
- 1:24:53high or creating a lower high. Third
- 1:24:55step, breaking the lows. And that's it.
- 1:24:57And then you have a complete uptrend
- 1:25:00that switch to a downtrend. That's how
- 1:25:03simple it is. Okay. Now, we're going to
- 1:25:05go more in depth about it. And I'm going
- 1:25:06to show you, you know, a more realistic
- 1:25:08example cuz in reality, that's not how
- 1:25:10charts are going to look like. If charts
- 1:25:13look like this all the time, we all
- 1:25:15would be hella profitable. like trading
- 1:25:18would be so simple. Now a downtrend
- 1:25:21switching to an uptrend. Three steps.
- 1:25:23Same exact concept, but instead of
- 1:25:25creating a lower high, it's going to be
- 1:25:26higher low. That's it. So this is a
- 1:25:28downtrend, right? We have a high, low,
- 1:25:31lower high, lower low, lower high, lower
- 1:25:34low. And then first step, create a
- 1:25:37change of character. Boom. Done. Second
- 1:25:40step, create a higher low or respect the
- 1:25:42lows. Here we go. We created the higher
- 1:25:44low. Perfect. Third step, break a
- 1:25:47structure and that's it. Okay, so change
- 1:25:50of character, create a higher low, then
- 1:25:53break a structure. If we go down like
- 1:25:56this, then this wouldn't count. Then we
- 1:25:58have to do that same move again. All
- 1:26:00right, because then technically it's a
- 1:26:02change of character followed by a change
- 1:26:04of character, which is something
- 1:26:05different. So
- 1:26:08yeah, that's how it is pretty much. Very
- 1:26:10easy, very simple. Um, nothing crazy,
- 1:26:14you know, like don't overthink it. I'm
- 1:26:17going to go more in depth about it. Just
- 1:26:18I need you to understand one thing
- 1:26:20though. You might be like, "Okay, Omar,
- 1:26:22interesting. Okay, I got this part. It's
- 1:26:24very easy. For an uptrend to switch to
- 1:26:25an up downtrend, we need the change of
- 1:26:28character, create a lower high, then
- 1:26:29break structure. For a downtrend to
- 1:26:31switch to an uptrend, we need change of
- 1:26:33character, higher low, break structure."
- 1:26:36Okay, but why is that, right? That's
- 1:26:37what you're thinking. Now, let me just
- 1:26:39do this for a second. Boom.
- 1:26:42What does this look like? You see if
- 1:26:45like forget about everything we just
- 1:26:46talked about. Just look at this right
- 1:26:48here. What is this? This is a high, low,
- 1:26:52lower high, lower low. That's it. You
- 1:26:55know, that's how simple it is. Like
- 1:26:56literally, that's how simple it is. We
- 1:27:00have a high, low, lower, high, lower,
- 1:27:02low.
- 1:27:04You see what I mean? So, that's a
- 1:27:06downtrend. And then same concept for the
- 1:27:08uptrend.
- 1:27:10Let's do this. We have a low high,
- 1:27:12higher low, higher high. That's what up
- 1:27:15definition of an uptrend is higher lows
- 1:27:17and higher highs. That's it.
- 1:27:20Now you have the full image. Change of
- 1:27:23character is what's just going to start
- 1:27:25this change. And then we have high, low,
- 1:27:27lower high, lower low, and then here
- 1:27:29that same thing. We have a low, high,
- 1:27:31higher, low, higher, high. And that's
- 1:27:33how simple it is. So don't over
- 1:27:34complicate it. A lot of people over
- 1:27:36complicate this. Please don't do so.
- 1:27:38It's very easy, very simple. So don't
- 1:27:40overthink it. So now let's do a
- 1:27:42realistic example, okay? Because the
- 1:27:44charts I just showed you isn't realistic
- 1:27:46example. This is going to be more
- 1:27:47realistic. And even then, even now, it's
- 1:27:49not going to be the most realistic
- 1:27:50because the most realistic is what we're
- 1:27:52going to do on the charts, right? Like
- 1:27:54when we go to the charts and we actually
- 1:27:56have a look on the charts and we see the
- 1:27:58market structure, that's the best way
- 1:27:59for you to learn. But I want to make
- 1:28:01sure that you actually understand all of
- 1:28:02this before we even move to the charts.
- 1:28:04Because if you don't understand all of
- 1:28:06this, when I go on the charts, you're
- 1:28:07going to be like, "Yo, what is this guy
- 1:28:08speaking? What is this guy talking?"
- 1:28:10Suddenly, I'm not even speaking English
- 1:28:11anymore. So, that's why it's very
- 1:28:14important that you understand what we're
- 1:28:15going to talk about right now. Okay?
- 1:28:17We're still in the same concept. Same
- 1:28:20not flow. What's What's the word? Same
- 1:28:24same not zone. Oh my god, I forgot. I
- 1:28:26can't speak English no more. Same
- 1:28:30POV, same perspective, same Oh my god, I
- 1:28:33literally forgot the word I was going to
- 1:28:34use. Same
- 1:28:37field. No, same concept. All right,
- 1:28:40perfect. Same concept. So, you know
- 1:28:43what? I'm going to do it white so that
- 1:28:45it's neutral.
- 1:28:48Here we go.
- 1:28:52All right. This is a more realistic
- 1:28:53example. So, we're going to have
- 1:28:54something like this. Boom. Boom. Boom.
- 1:28:56Boom. Boom. Then boom boom boom boom
- 1:29:00boom boom. Maybe boom. Then boom boom
- 1:29:04boom boom boom boom boom then boom boom
- 1:29:09boom boom
- 1:29:13then boom boom boom boom boom. Something
- 1:29:16like this. That's the more realistic
- 1:29:17charts. Right now let's mark it up. Are
- 1:29:21we in an uptrend or are we in a
- 1:29:23downtrend now? You see? Then let's end
- 1:29:26it with this to make it easier for you.
- 1:29:30I want you to answer this question. Are
- 1:29:31we in an uptrend or are we in a
- 1:29:32downtrend? Pause the video, think about
- 1:29:36it, and then answer the question and
- 1:29:39then lock in with me so that we can
- 1:29:41actually see what type of trend are we
- 1:29:43in.
- 1:29:46I'll give you like five seconds and you
- 1:29:48have to pause the video because I'm not
- 1:29:50going to wait forever.
- 1:29:52And let's assume that you paused the
- 1:29:54video and now you continued it and now
- 1:29:55we're going to talk about it. All right.
- 1:29:57If you didn't pause, it's all right.
- 1:30:00Let's get it. So, we have a high,
- 1:30:04then we have a low. Perfect.
- 1:30:08Lower low.
- 1:30:10Let's just make the size of this
- 1:30:11smaller. Boom. And then we have a lower
- 1:30:15high, lower low. So,
- 1:30:19lower high,
- 1:30:21lower low. Let's write the down.
- 1:30:28Lower high
- 1:30:31and lower low. Perfect.
- 1:30:34Then we have a lower high.
- 1:30:40Oops.
- 1:30:42Lower low. Perfect.
- 1:30:46Lower high,
- 1:30:48lower low. Actually, I forgot to do this
- 1:30:50as well.
- 1:30:53Boom.
- 1:30:56Bearish break structure.
- 1:31:01Bearish
- 1:31:03break structure. And now we broke the
- 1:31:07most recent lower high. Remember, first
- 1:31:09step of switching from a downtrend to an
- 1:31:11uptrend, change of character. Okay,
- 1:31:13nice.
- 1:31:15So, this right here
- 1:31:19is the change of character.
- 1:31:22Perfect.
- 1:31:27Just so you guys can see it better.
- 1:31:32Ah, you guys are smart enough to see it.
- 1:31:34And then we made a higher low. Higher
- 1:31:35high. Perfect.
- 1:31:37So, this right here became the higher
- 1:31:39low.
- 1:31:43And this right here became the higher
- 1:31:44high.
- 1:31:47All right. Then we move this here.
- 1:31:50All right. Now we're in a confirmed
- 1:31:52uptrend, right? Because we have the
- 1:31:54change of character and we had a break
- 1:31:55structure.
- 1:31:58Bullish break structure. Then created
- 1:32:01the higher low, higher high. Perfect.
- 1:32:08So higher low.
- 1:32:13Higher high.
- 1:32:17Boom.
- 1:32:21Break of structure.
- 1:32:24Boom. Perfect. Then we made a higher
- 1:32:27low. Higher high. So this became the
- 1:32:29higher low. This became the higher high.
- 1:32:35Again. Higher low.
- 1:32:38Higher high.
- 1:32:41Okay, nice.
- 1:32:46And then we have a high low.
- 1:32:49So now here we have the change of
- 1:32:50character. Remember downtrend, sorry,
- 1:32:52uptrend to downtrend. First step, change
- 1:32:54of character. When does the change of
- 1:32:56character happen? When we break the
- 1:32:57higher low. So here we broke the higher
- 1:33:00low. So this was our first step aka a
- 1:33:03change of character.
- 1:33:05Boom. Bearish change of character. Nice.
- 1:33:07Now we have a high, low, potential lower
- 1:33:10high because we still didn't break the
- 1:33:11lows. We didn't do this, for example, to
- 1:33:12count it as a lower high. So this is a
- 1:33:15potential lower high, low, lower high,
- 1:33:17lower low. Okay, this right here became
- 1:33:20the lower low. Let's see where is the
- 1:33:22most recent lower high. We do a snake
- 1:33:24method. Boom. Oh. Oh, here it is. I
- 1:33:27found the lower high. Perfect. So this
- 1:33:30is the lower high.
- 1:33:33This became the lower high. Sorry.
- 1:33:37And then
- 1:33:40right here break structure.
- 1:33:44Cool.
- 1:33:48Lower high. Lower low. Lower high. Lower
- 1:33:50low. Okay. Nice.
- 1:33:53Easy. So now this became the lower high.
- 1:33:57This right here became the lower low.
- 1:33:59So this became the lower high.
- 1:34:03This became the lower low.
- 1:34:06And this right here is the break of
- 1:34:08structure. Cool.
- 1:34:11Now, we broke the lower high. Remember,
- 1:34:15first step from switching from a
- 1:34:17downtrend uptrend, change of character.
- 1:34:19Okay, that and that happens when we
- 1:34:21break the most recent confirmed lower
- 1:34:23high. So, this right here
- 1:34:26is a change of character.
- 1:34:30Cool.
- 1:34:32And then we had a higher low. Higher
- 1:34:34high. Nice. This became the higher high.
- 1:34:38This right here became the higher low.
- 1:34:50Cool. This right here became the break
- 1:34:53structure.
- 1:34:57Nice. And then again, you see we're in
- 1:35:00an uptrend. The uptrend didn't last for
- 1:35:02long. Then we had a change of character
- 1:35:03again. Oh. Oh, I hate when this happens,
- 1:35:06but sometimes it does. And there's
- 1:35:09nothing we can do about it. Bearish
- 1:35:11change of character. Now we have just a
- 1:35:13high and a low. And now look what
- 1:35:15happened here. We have a low, high,
- 1:35:17higher, low, higher, high, higher, low,
- 1:35:19higher, high. Oh,
- 1:35:21change of character. Again, this doesn't
- 1:35:23this is a bit advanced actually. I have
- 1:35:25to talk about it later
- 1:35:28because it doesn't happen very often
- 1:35:29that you get change of character
- 1:35:30followed by a change of character. But
- 1:35:32we're going to talk about it. No
- 1:35:33problem. So this was the change of
- 1:35:34character. Okay. Where's the most recent
- 1:35:36higher low? Right here. Yeah. Actually,
- 1:35:38this is going to confuse you now. Let's
- 1:35:40ignore this. Let's say we didn't have
- 1:35:42this change of character. It's better so
- 1:35:45you don't guys don't get confused.
- 1:36:00Yeah. Just so you guys don't get
- 1:36:02confused, I'm going remove this part.
- 1:36:06Boom.
- 1:36:08Okay.
- 1:36:12Then let's do this. Higher high. Higher
- 1:36:15low. Or let's start from here. Low.
- 1:36:17High. Higher low. Higher high. Okay. So,
- 1:36:19we were here. Boom. Then we created the
- 1:36:23higher low. Higher high. Nice. So, this
- 1:36:25right here became the higher low. This
- 1:36:28right here became the higher high.
- 1:36:32Higher low.
- 1:36:36Higher high. This right here became the
- 1:36:38break structure.
- 1:36:46Oh, break structure.
- 1:36:49Then higher low, higher high again. This
- 1:36:52became the higher low
- 1:36:55right here.
- 1:36:58And this up there became the higher
- 1:37:00high.
- 1:37:03Boom. And this right here became the
- 1:37:05break structure.
- 1:37:10Boom. Then higher low. Higher high. So
- 1:37:13this right here became the higher low.
- 1:37:16This right here became the higher high
- 1:37:25and then this right here became the
- 1:37:27break of structure
- 1:37:32and that's it. So conclusion, we are in
- 1:37:35an uptrend. Okay, regarding that part
- 1:37:36that's going to confuse you a bit that I
- 1:37:38deleted, we're going to fix it later. No
- 1:37:40problem. Like I might teach it to you
- 1:37:41later on. Okay, so don't stress about it
- 1:37:43too much. And that's it pretty much. You
- 1:37:45see, it's very easy. If you guess
- 1:37:48directly it's a uptrend, then you didn't
- 1:37:51do it right. Your answer technically is
- 1:37:53right, but you did it wrong. The right
- 1:37:55way is to actually, you know, go through
- 1:37:57it like this to be able to actually
- 1:37:59identify which trend we're in. And then
- 1:38:01you'll be able to get an answer. If you
- 1:38:03just guessed from a first look, then
- 1:38:05yeah, it was obvious, but like I want
- 1:38:08you to actually do this because
- 1:38:09otherwise when we go to the charts,
- 1:38:11you're gonna literally be, you know, you
- 1:38:13have to do this otherwise you're going
- 1:38:15to be confused. And yeah, that's it
- 1:38:16pretty much for trend reversals. So now
- 1:38:19we're going to move to the next thing,
- 1:38:21which is now we starting to get more
- 1:38:23exciting actually. Now it's getting
- 1:38:24trading is starting to get more
- 1:38:26interesting, let's say, and soon we're
- 1:38:28going to move to the charts. So I hope
- 1:38:29you guys are excited. Let's get it. All
- 1:38:32right. All right. So, now we're done
- 1:38:33with drawing, you know, with these
- 1:38:35lines. I I know you guys probably don't
- 1:38:37like them. I don't like them either, to
- 1:38:38be honest. And now we're going to start
- 1:38:40moving a bit further to the candles.
- 1:38:42Well, obviously I'm not going to be
- 1:38:43like, "Oh, this is an uptrend." No. Now,
- 1:38:45what we're going to talk about is what
- 1:38:47is a low. Okay? And here we're going to
- 1:38:50talk about what is a high because these
- 1:38:52two are really important. And after
- 1:38:55that, most probably we're going to move
- 1:38:57to the next step and actually start
- 1:38:58doing it on the charts itself. So,
- 1:39:02lock him with me, twin. This is super
- 1:39:05important because we're going to be
- 1:39:06doing it here first and then we're going
- 1:39:09to start doing it on the charts. Okay, I
- 1:39:11found like if we do this here first,
- 1:39:13it's going to be easier for you guys
- 1:39:14when we actually go to the charts. So,
- 1:39:17let's get it. So, obviously this is this
- 1:39:20right here is the uptrend. If you if you
- 1:39:22don't know this, that means you the
- 1:39:24whole video I've been talking about, you
- 1:39:26aren't listening to me. That's just me
- 1:39:27being completely honest with you. So, I
- 1:39:29hope you were listening, right? I
- 1:39:32believe that you were listening. I don't
- 1:39:34think you would be this long in the
- 1:39:35video and not be listening, right? So,
- 1:39:37this is a clean uptrend. All right. And
- 1:39:42now, what we're going to talk about,
- 1:39:43what is a low? A low or a higher low is
- 1:39:47made from a bearish candle.
- 1:39:50You remember bearish candle like this
- 1:39:52one,
- 1:39:54followed [snorts] by a bullish candle.
- 1:39:57That's the definition of a low. It's a
- 1:40:00bearish candle followed by a bullish
- 1:40:02candle. So, we need a in this case, we
- 1:40:04need a red candle followed by a green
- 1:40:08candle. So, if it's a green green, it's
- 1:40:10not a low. If it's a red red, it's not a
- 1:40:14low. It has to be a red candle followed
- 1:40:17by a green candle or a bearish candle
- 1:40:19followed by a bullish candle. Very easy,
- 1:40:22very simple. Now, it should do a good
- 1:40:25pullback. You remember the pullback we
- 1:40:27talked about? I don't want it to be
- 1:40:29something like this. No, that wouldn't
- 1:40:31be a higher low right here. It has to be
- 1:40:33a good pullback. Something like this,
- 1:40:35like this, and then like this. Then this
- 1:40:38would be a good higher low. I don't want
- 1:40:40to see, you know, a small move, big
- 1:40:43move, then small move, then big move.
- 1:40:45No, then it's not a higher low. It has
- 1:40:47to be a big move, big move, big move.
- 1:40:51Okay, so that's the second thing. Think
- 1:40:54about as if you wanted to come back at
- 1:40:56least 25% of the whole move. 25 boom 25
- 1:41:00boom or 50 or 75. The more the better.
- 1:41:03But if it's like 5% and then push, this
- 1:41:06wouldn't be a higher low. No, it has to
- 1:41:08come. You see how this for example, let
- 1:41:10me show you a better example.
- 1:41:12If it goes up, if it comes back, let's
- 1:41:14say like boom boom. Is this a higher
- 1:41:16low? Yes. Because look, this whole move
- 1:41:19up, we filled more than half of it.
- 1:41:22Good.
- 1:41:23Is this right here a higher low? Yes,
- 1:41:26because look all this move we we pulled
- 1:41:29back like I don't know 35%. Good. Okay.
- 1:41:33Is this a higher low? No, because we
- 1:41:35didn't even do 25%. For instance, now
- 1:41:38obviously on when we're doing it on the
- 1:41:39charts, it's going to be way easier to
- 1:41:41see. So, it should do a good pullback.
- 1:41:43And then third, you should see a U
- 1:41:45shape. So, something like this.
- 1:41:48Sometimes I call it Vshape as well.
- 1:41:50Okay, it depends. U shape or Vshape,
- 1:41:53whatever you want to call it, it's up to
- 1:41:54you. Like I want to see something like
- 1:41:56this or something like this. Boom. Boom.
- 1:41:58So, you see how we have a U here? That's
- 1:42:01what would say, okay, we have a higher
- 1:42:03low here. You see how we have a U here?
- 1:42:05Okay, this says we have a higher low
- 1:42:07here. And by the way, there is an
- 1:42:09indicator that I'm going to give you
- 1:42:10guys that's going to make your life way
- 1:42:11easier. So, lock in with me, but you
- 1:42:14still need to understand this first.
- 1:42:16So, yeah, that should be it for what is
- 1:42:18a low. So first tip is this right here
- 1:42:21low. Yes, it is. Why? Because we have
- 1:42:24first thing is made from a bearish
- 1:42:26candle followed by a bullish candle.
- 1:42:27Okay, bearish candle followed by a
- 1:42:28bullish candle. Good. Should do a good
- 1:42:31pullback. Okay, let's see. Oh
- 1:42:33actually, you know, it retraced around
- 1:42:3550% here. Good
- 1:42:38Ushape. All right, it did a U-shape.
- 1:42:40Amazing.
- 1:42:43Same concept for this one. Is this right
- 1:42:45here high or low? Well, let's see.
- 1:42:48Bearish candle followed by a bullish
- 1:42:49candle. Good. Should do a pullback. All
- 1:42:52right, let's see. Oh, actually filled
- 1:42:54almost half of this part. That's good. U
- 1:42:57shape or Vshape, whatever you want to
- 1:42:59call it. Oh. Oh. Oh, we did. And then
- 1:43:01obviously confirming the higher low,
- 1:43:03which is breaking the highs. And here,
- 1:43:06for example, for this to become a
- 1:43:08confirmed higher low, we need to break
- 1:43:09the highs. But that you should be able
- 1:43:11to know if you watch actually the whole
- 1:43:13video. If you didn't, you know, why am I
- 1:43:15repeating it? If someone came skipped
- 1:43:17directly here, they don't deserve to
- 1:43:19know that information. They should go
- 1:43:20back and watch the video from the start.
- 1:43:23Yeah, cuz we explained it earlier. So
- 1:43:25that should be it for
- 1:43:27the uptrend or for the what is a low.
- 1:43:30Now, same concept for the high, but it's
- 1:43:33the opposite now. So market structure
- 1:43:35candles, what is a high? So obviously
- 1:43:37clearly this is a clear downtrend. I
- 1:43:40don't know who's texting me on Discord
- 1:43:42right now. So this is a clean downtrend
- 1:43:46right here.
- 1:43:49And what is a high? A high or a lower
- 1:43:52high is made from a bullish candle
- 1:43:55followed by a bearish candle. Okay,
- 1:43:57let's see. It's a bullish candle
- 1:43:59followed by a bearish candle. Nice.
- 1:44:01Bullish candle followed by a bearish
- 1:44:03candle. Nice. Should have a pullback.
- 1:44:06You see, we had this move. We pulled
- 1:44:08back around 50%. That's good. And then
- 1:44:11we broke the lows again. Same concept
- 1:44:13here. Okay, we have this move. We did a
- 1:44:16pullback and then we pushed again.
- 1:44:18Great. Third rule should make N shape.
- 1:44:20Now, I'm not talking about literally an
- 1:44:22N shape like this. No, no, no. I'm just
- 1:44:24talking about the first part of the N.
- 1:44:26To be honest, I couldn't find a better
- 1:44:28description. Maybe I should have said V
- 1:44:30[snorts] that's reversed. You know, like
- 1:44:32this. Yeah. So V that reversed.
- 1:44:34Actually, it's better than saying N. V
- 1:44:36that's reversed. Something like this.
- 1:44:38All right. or a U that's reversed even
- 1:44:40even easier. So you see we have boom
- 1:44:44boom that's a V that's reversed, right?
- 1:44:46Boom boom that's a V that's reversed. So
- 1:44:49yeah, that should be it. So what is a
- 1:44:51high? A high is a bullish candle
- 1:44:52followed by a bearish candle. Easy. I
- 1:44:55know this is very simple, but trust me,
- 1:44:56a lot of people mess it up and although
- 1:44:59they're advanced traders, they still
- 1:45:00mess it up. So high or lower high is a
- 1:45:04bullish candle followed by a bearish
- 1:45:05candle. Easy.
- 1:45:08should have a pullback. Okay, let's see.
- 1:45:10This move was like, let's say, I don't
- 1:45:12know, 20 points or pips. The move back
- 1:45:15was 10 pips or points. Cool. We made
- 1:45:19like 50% going back. That's good. Make
- 1:45:22an N shape or a V. Let's call upside
- 1:45:25down V. Boom. Boom. All right, that's
- 1:45:28perfect. So, this right here will beame
- 1:45:30became a lower high. And obviously, we
- 1:45:32broke the loads as well. If you watch
- 1:45:34the previous if you watch this whole
- 1:45:36video, you would know what I mean. And
- 1:45:37now it's a confirmed lower high. Same
- 1:45:40thing now for here. Have first thing
- 1:45:45bullish candle followed by a bearish
- 1:45:47candle. Done. Should I have a pullback?
- 1:45:49Okay, we did do a pullback. Make an end
- 1:45:51shape. Boom. Boom. Good. And then
- 1:45:55obviously that we broke the lows. So
- 1:45:57this makes it confirmed lower high.
- 1:46:00Yeah, that should be it for for this.
- 1:46:02It's pretty easy. Like I don't think
- 1:46:04it's confusing what is a high, what is a
- 1:46:05low. So, so yeah, now you know what is a
- 1:46:07high, what is a low. Now, let's keep
- 1:46:09going. All right. So, this is absolutely
- 1:46:11the last part before we move to we have
- 1:46:13a quiz first after this part and then
- 1:46:15after that we're going to be doing the
- 1:46:17charts actually, you know, going through
- 1:46:19it on the charts. But before we do so,
- 1:46:22let's talk about this last thing before
- 1:46:24the quiz. So, lock in so that you can
- 1:46:25actually perform good in the quiz. All
- 1:46:28right. So when we do this, we look at
- 1:46:33when we reading break structure and
- 1:46:35change of character, we focus on body
- 1:46:37closure, not only the wicks or we don't
- 1:46:40focus on the wicks. We focus mostly on
- 1:46:42body closure. Okay? So for break
- 1:46:46structure and change of character, we
- 1:46:48look at the bodies, not the wicks. What
- 1:46:49do I mean by that? We look at the body.
- 1:46:51You remember how we talked about it
- 1:46:52earlier, the body of the candle, body of
- 1:46:55the candle, body of the candle. I don't
- 1:46:57care about the wicks and break structure
- 1:47:00and change of character. I don't care
- 1:47:01about the wicks. Okay? So, we going to
- 1:47:04be focusing on the bodies instead of the
- 1:47:06wicks. Now, breakoff structure and
- 1:47:09change of character, the body needs to
- 1:47:11close above the body.
- 1:47:14Above
- 1:47:17slash below.
- 1:47:20So, for break structure and change of
- 1:47:22character, the body needs to close above
- 1:47:24slash below the body. This is the body,
- 1:47:26right? It has to close above or below
- 1:47:30the body of the second, you know, the
- 1:47:32high or the low. Okay? So, it has to
- 1:47:35close above or below the higher highs uh
- 1:47:39body or the lower lows body or the lower
- 1:47:41highs body or the higher lows body and
- 1:47:44so on. Let me explain to you what I
- 1:47:46mean. So, we have a low.
- 1:47:52So I have a low higher low higher high
- 1:47:55breaker structure. I'm not going to
- 1:47:57explain what I mean with the bodies
- 1:47:58here. Let's just give me a second. Then
- 1:48:00higher low higher high breaker
- 1:48:03structure. Now
- 1:48:05the way I do it, I'm explaining to you
- 1:48:07the way I do it, the way other people do
- 1:48:09it and which one is right and which one
- 1:48:10is wrong. And there is nothing called
- 1:48:12right and wrong here. It's just
- 1:48:14preference. If you want to trade like
- 1:48:15me, do the way I do it. Okay. So the
- 1:48:19break of structure, you see this candle,
- 1:48:22I want the body cuz like if this closes
- 1:48:24like this, this is not a break
- 1:48:25structure. Okay? I want the body of the
- 1:48:28candle to close above the body of the
- 1:48:31high. So let's go step step back. What
- 1:48:34is a high? A bullish candle followed by
- 1:48:37a bearish candle. Right? That's what we
- 1:48:39said. A high is a bullish candle
- 1:48:41followed by a bearish candle. So
- 1:48:44for this to be a break structure, I want
- 1:48:47the body of the candle to close above
- 1:48:51the body of the high. Now some people
- 1:48:57even if this was like this for example,
- 1:48:58I don't care. I don't mind. This is
- 1:49:01still a breaker structure. Why? Because
- 1:49:03the body, you see where this is the
- 1:49:05body. Remember in the beginning we were
- 1:49:06saying body open, body close. You see
- 1:49:08where the body close here is? It's
- 1:49:10closed above the body here. That's why
- 1:49:12this is a break structure. Now some
- 1:49:15people would say okay if we wick if the
- 1:49:19wick wicks above the other wicks then
- 1:49:21it's a break structure. So they would
- 1:49:23count only this as a breakout structure
- 1:49:26not this. Some other people would tell
- 1:49:28you okay no I want to see the body
- 1:49:31closing above the wicks for example. So
- 1:49:33only if the body closes above all the
- 1:49:35wicks that's a break structure.
- 1:49:38ICT or TGR for example does that. tells
- 1:49:41you okay only if the body of the candle
- 1:49:43closes above the wick then it's a
- 1:49:46breaker structure. Some people would
- 1:49:48tell you no if we wick above the wicks
- 1:49:52then it's a breaker structure.
- 1:49:54Some people would tell you no only if
- 1:49:59we do both for example or only if what
- 1:50:02else do we have? If we wick above the
- 1:50:05bodies for example,
- 1:50:07I don't think anyone does that. Anyway,
- 1:50:10like only if we wick above the wicks or
- 1:50:13only if we wick above the body, I would
- 1:50:15count it as a breaker structure. Now,
- 1:50:16the way I do it, no. The body
- 1:50:20has to close above the body. I don't
- 1:50:23care about the wick. If the wick goes up
- 1:50:25here, cool. If it goes up here, cool. If
- 1:50:29it doesn't have a wick, I don't care. So
- 1:50:32regardless, I don't care. All I care
- 1:50:34about is the body closing above the
- 1:50:37body. Now if I get this, I'm not sad,
- 1:50:39you know, but yet still this is the
- 1:50:41break structure. So that's it. So the
- 1:50:45summary of this break structure and
- 1:50:47change of character, the body needs to
- 1:50:49close above or below the body. So here
- 1:50:52the break structure is because this body
- 1:50:55closed above this body. Now same concept
- 1:50:58for change of character.
- 1:51:00The body needs to close below in this
- 1:51:03case this body. You see that's it. That
- 1:51:06would be a change of character because
- 1:51:07this was the higher low, right? This
- 1:51:09right here is the higher low. So we have
- 1:51:10a low, high, higher low, higher high,
- 1:51:13higher low, higher high. And now we
- 1:51:15broke the low. And now you're going to
- 1:51:16start understanding what I used to mean
- 1:51:18when I say the low, the low. You know,
- 1:51:20we broke the low. This is exactly what I
- 1:51:22mean with broke. When I say broke, I
- 1:51:24mean the body closed below or the body
- 1:51:27close above the body. Okay? cuz I'm
- 1:51:30going use this word a lot often. So
- 1:51:33this case right here, the body closed
- 1:51:35below this body. Cool. This is a change
- 1:51:37of character. Now, is this right here a
- 1:51:41change of character? No. Now, although
- 1:51:43some people would count this as a change
- 1:51:44of character right here because we the
- 1:51:46wick wicked below the wick. I don't care
- 1:51:50about that. No. This in my opinion is
- 1:51:51not a change of character. Now, some
- 1:51:53people would tell you, okay, this is
- 1:51:54only change of character if the body
- 1:51:57closes below the wicks. No, that's not a
- 1:52:00change of character. Or it is in this
- 1:52:01case because it also did a change of
- 1:52:03character on mine. But that's not why
- 1:52:05it's a change of character for me. It um
- 1:52:07it's enough to say a change of character
- 1:52:09is when the body close below the body.
- 1:52:13And that's how simple it is. Summary. In
- 1:52:17a breaker structure, let's say in an
- 1:52:19uptrend, the body has to close above the
- 1:52:21body of the highs to count as a breaker
- 1:52:23structure. For a change of character,
- 1:52:25the body needs to close below the higher
- 1:52:28lows body to count it as a change of
- 1:52:29character.
- 1:52:31In a downtrend, same exact concept,
- 1:52:33right? We have a high low, lower high,
- 1:52:36lower low, lower high, lower low.
- 1:52:39Correct? Correct.
- 1:52:41This is the breaker structure. Why?
- 1:52:43Because the body closed below the body.
- 1:52:46Now you answer this question. Is this a
- 1:52:48breaker structure? No, it's not. Why?
- 1:52:51Because the body didn't close below the
- 1:52:53bodies. Only now it is. All right. Same
- 1:52:56concept here. Change of character. This
- 1:52:58is a change of character because the
- 1:53:00body right here closed above the body
- 1:53:02right here. Okay. Uh maybe this one even
- 1:53:05like as well. Boom.
- 1:53:08You see this was right here. A break
- 1:53:11structure. Now, yes, it closed below the
- 1:53:13wicks. Cool. I mean, even better. But I
- 1:53:15don't care, you know? As long as it's
- 1:53:16closed below the body, that's all I care
- 1:53:19about. Now, would this have been a a
- 1:53:21change of character? No, it wouldn't.
- 1:53:23Right? Why? Because some people be like,
- 1:53:26"Oh, but we wicked above the wicks. This
- 1:53:28is a change of character." Something
- 1:53:30like this. No, it's not. It's not. I
- 1:53:34don't care about the wick. I care about
- 1:53:36the body. Okay? So, if that happened,
- 1:53:39cool. I'm still having the same exact
- 1:53:41chart and this still the lower height.
- 1:53:43But if this did this,
- 1:53:46then it would have been a change of
- 1:53:47character.
- 1:53:48So yeah, that's it pretty much. Pretty
- 1:53:50easy. Don't mess it up. You just got to
- 1:53:54understand break structure again. Buddy
- 1:53:56with a body. Change of character body
- 1:53:58with a body. Now if you used to do it
- 1:54:00through the wicks or you used to doing
- 1:54:02something else, I'm cool with it. You
- 1:54:04can do that. And actually it's not going
- 1:54:05to make the strategy work or not work.
- 1:54:07Like this is not what makes the strategy
- 1:54:08work or not work. If you still want to
- 1:54:10follow the wicks, I'm all right with it.
- 1:54:13If you want to follow the body closing
- 1:54:15below the wicks, I want I'm okay with
- 1:54:16it. If you want, okay, like if you want
- 1:54:17to count this as a change of character,
- 1:54:19I'm okay with it. It's just I want you
- 1:54:21to do the same exact thing every single
- 1:54:23time. Okay, that's the most important
- 1:54:25part. So, do the same exact thing every
- 1:54:27single time. And then that's how you're
- 1:54:29going to be able to build consistency.
- 1:54:31Otherwise, you're not going to be able
- 1:54:33to build consistency. So, always,
- 1:54:34always, always, whichever you choose, do
- 1:54:36the same thing over and over and over
- 1:54:38again. And I would recommend you to do
- 1:54:40my way because if I do it and I'm
- 1:54:43profitable with it, my students do it
- 1:54:45and able to be profitable using that,
- 1:54:47why wouldn't you, right? So yeah, that's
- 1:54:50it pretty much. Now let's move to the
- 1:54:51quiz. All right. All right. So now we're
- 1:54:53going to start with the quiz. And look,
- 1:54:55the rules I want you to guys to follow
- 1:54:57when doing this quiz is like this. So I
- 1:54:59don't want you guys to
- 1:55:01actually just hear me saying the answer,
- 1:55:03right? So I'mma ask the question. I want
- 1:55:06you to pause the video. I'm going just
- 1:55:08wait like two three seconds and then I'm
- 1:55:09going to say the answer. But I want you
- 1:55:11after I ask every single question, pause
- 1:55:14the video, answer the question, and then
- 1:55:17actually look at the answer. All right?
- 1:55:19And every time you answer, I don't want
- 1:55:22it to be, you know, like just quick
- 1:55:23look. No, like I, for example.
- 1:55:27No, I want you to actually, you know,
- 1:55:29chart it out, draw the break structure,
- 1:55:31all of that. You know, do it in depth.
- 1:55:33And there's a lot of questions. It
- 1:55:35starts simple but then it, you know, it
- 1:55:36goes a bit more advanced. So there's
- 1:55:39like 22 questions. So yeah, after that
- 1:55:42we're going to go to the charts. So if
- 1:55:44you don't understand this part, you're
- 1:55:46not going to be able to understand the
- 1:55:46charts part cuz this is the b not the
- 1:55:50basics. This is pretty much advanced
- 1:55:52now. But this is like just me charting
- 1:55:55out and obviously charting out is easier
- 1:55:56than the charts. So if you don't
- 1:55:58understand the easier part which is the
- 1:56:00charting out, how are you expecting
- 1:56:02yourself to understand it on the charts
- 1:56:03itself? Right? Anyway, let's get into
- 1:56:06it. So what is this called? The yellow
- 1:56:10line right here. What is the name of
- 1:56:12this? So after we broke this high, what
- 1:56:14is this called? This is pretty easy. All
- 1:56:16right, pause the video.
- 1:56:19Amazing. So this right here is called
- 1:56:23breaker structure, right? I believe this
- 1:56:26is very easy. If you confused about
- 1:56:29this, that means you didn't watch the
- 1:56:31whole video 100%. And you just skipped
- 1:56:33to this part. So that's why you have to
- 1:56:36rewatch the whole course. If you didn't,
- 1:56:37if you weren't able to answer this,
- 1:56:39you're not going to be able to
- 1:56:40understand anything that I'm going to be
- 1:56:42talking about forward. So re-watch the
- 1:56:44whole video. Now, is this right here a
- 1:56:46break structure?
- 1:56:49Now, let's see. So, we got a low
- 1:56:55high,
- 1:57:01higher low.
- 1:57:03This is a bit tricky though, huh? Higher
- 1:57:05high.
- 1:57:07Correct. And then we had a breaker
- 1:57:09structure right here.
- 1:57:13Boom.
- 1:57:15So,
- 1:57:17low, high, higher low, higher high. Now
- 1:57:22the breakout structure only happens once
- 1:57:24we break the high. Correct? So before we
- 1:57:27break the high, this is not called a
- 1:57:28breakout structure. And then before we
- 1:57:30break the lows or the higher low, this
- 1:57:33is not called the change of character.
- 1:57:34So is this right here a break structure?
- 1:57:37The answer is simply no. Why? Because we
- 1:57:39still didn't break the confirmed highs.
- 1:57:41This became confirmed high after we had
- 1:57:43the break structure here. But then after
- 1:57:45that, anything that happens between this
- 1:57:46blue line and this blue line doesn't
- 1:57:48matter. This is just called internal
- 1:57:50structure. So before we break this high
- 1:57:52right here, it doesn't count as breakout
- 1:57:55structure. So the answer is no. Now in
- 1:57:59this one, which one is the recent higher
- 1:58:01low? Is it number one or is it number
- 1:58:03two? I'm going to give you a hint. Use
- 1:58:05the snake method here. All right, use
- 1:58:08the snake method. It's going to help
- 1:58:09you. Now let's see. Is it number one or
- 1:58:12number two? So before we answer, if you
- 1:58:13directly answer this question, then
- 1:58:16you're doing it wrong. All right. The
- 1:58:17way I want you to do it is like this.
- 1:58:19Start here. Now, obviously, when I'm
- 1:58:21doing it on the charts, I don't do this
- 1:58:22at all. But like in the beginning, it's
- 1:58:25really good that you start with this.
- 1:58:26And then after that, you're going to be
- 1:58:28able to actually understand it. And once
- 1:58:30you get that muscle memory, it's going
- 1:58:31to be way smoother.
- 1:58:34So, we have a low, high, higher low,
- 1:58:38higher high. Boom.
- 1:58:42Break structure right here.
- 1:58:47Then, so now this became the low
- 1:58:51and this became the high. Anything in
- 1:58:53between we don't care about. Then we got
- 1:58:55a higher low, higher high. Cool. This
- 1:58:57right here became the higher low and
- 1:59:00this right here became the higher high.
- 1:59:02Perfect. So this became the higher low.
- 1:59:06This became the higher high. Amazing.
- 1:59:08Now anything in between we don't care
- 1:59:09about. Cool.
- 1:59:12Now we got the higher low. one of these
- 1:59:15two and then here we got the break of
- 1:59:17structure
- 1:59:20bullish breakout structure. Now this
- 1:59:23became the higher high and now where's
- 1:59:26the higher low? Is it number one or
- 1:59:27number two? Let's go back in the
- 1:59:29definition. What is the definition of
- 1:59:31the most recent higher low? The most
- 1:59:33recent higher low is the most recent low
- 1:59:37before the break structure. You're not
- 1:59:39sure? Do the snake method.
- 1:59:42Draw the head. the snake. Whoop. And
- 1:59:45then once you see the first Vshape or
- 1:59:47U-shape, that would be the higher low.
- 1:59:49So, as I said again, you draw the head
- 1:59:51of the snake, boom, boom, boom. First
- 1:59:54curve. Okay, cool. In this case, number
- 1:59:56two is the higher low. Number one in
- 1:59:58this case called swing low, which is the
- 2:00:00lowest point before the breakup
- 2:00:02structure. We don't care about that.
- 2:00:03What we care about is the most recent
- 2:00:05higher low. So, the most recent higher
- 2:00:06low in this case is number two. I know
- 2:00:09you might have learned it from somewhere
- 2:00:10else differently, but this is the way I
- 2:00:13do it. That's it. Now, is this right
- 2:00:17here a confirmed higher low?
- 2:00:20Focus on the word confirmed.
- 2:00:24Okay,
- 2:00:26focus on the word confirmed.
- 2:00:29Let's see if it's a confirmed one or
- 2:00:32not. This is a low.
- 2:00:37This is a high.
- 2:00:42This is a higher low.
- 2:00:46This is the higher high
- 2:00:49with the blue lines. This is the higher
- 2:00:51low. This is the higher high. We had the
- 2:00:54break structure here.
- 2:00:59Then we had a new higher low, higher
- 2:01:01high. So this became the higher low.
- 2:01:04And then this became the higher high.
- 2:01:07Boom. Higher low,
- 2:01:12higher high.
- 2:01:14And this right here
- 2:01:17is break structure.
- 2:01:20And now this is this a confirmed higher
- 2:01:23low? Well, simply the answer is
- 2:01:27actually before I tell you what is the
- 2:01:28definition of a confirmed higher low. A
- 2:01:30confirmed higher low is the low after we
- 2:01:34do the breaker structure. So here we had
- 2:01:36the breaker structure. That's why this
- 2:01:38right here became a confirmed higher
- 2:01:40low. Now here we didn't break this high
- 2:01:43yet. So that's why this is called a
- 2:01:45potential higher low. This is not the
- 2:01:47confirmed higher low. It only becomes
- 2:01:49confirmed once we break the highs like
- 2:01:52this. But because we still didn't break
- 2:01:54the highs, we didn't get the break
- 2:01:56structure yet. This is still not a
- 2:01:58confirmed higher low. This is a
- 2:02:00confirmed higher low. This right here is
- 2:02:02not confirmed higher low. Okay. Very
- 2:02:05simple. A lot of people mess this part
- 2:02:07up before we break the highs. It's not
- 2:02:10called
- 2:02:12a higher low.
- 2:02:15Cool. Cool. Now, is this a confirmed
- 2:02:18higher low? Well, you might like, okay,
- 2:02:20Omar, it's the same thing as this one.
- 2:02:22Well, the answer here is yes. Why?
- 2:02:25Because simply we had the break of
- 2:02:27structure here.
- 2:02:30And after the break structure, we do the
- 2:02:31snake method. Boom.
- 2:02:34Boom. And you'll see that this is the
- 2:02:36confirmed higher low because we had the
- 2:02:38break structure here. If we didn't have
- 2:02:40the break structure like here, then it
- 2:02:42wouldn't be a confirmed higher low. Like
- 2:02:44here, you see we didn't have a break. We
- 2:02:45had the breaker structure here. This was
- 2:02:47the confirmed higher low here. We didn't
- 2:02:49have a breaker structure. So, this is
- 2:02:50still a potential higher low. Although,
- 2:02:52yes, you it might fool you. You look at
- 2:02:54it. Okay, it does did the U shape, but
- 2:02:57yet we didn't break the highs. So,
- 2:02:59that's why it's not a confirmed higher
- 2:03:01low. On the other hand, you got here, is
- 2:03:03this confirmed higher low? Yes. Why?
- 2:03:05Because we simply got a break of
- 2:03:06structure.
- 2:03:08Cool. Let's keep going. Now, this is a
- 2:03:11bit of tricky. Where is the higher low
- 2:03:13here? Is it number one or is it number
- 2:03:16two? I want you to go through it step by
- 2:03:19step because this one, as I said, it's a
- 2:03:21bit tricky. It's a bit tricky.
- 2:03:25All right,
- 2:03:27you have your answer locked in. Now,
- 2:03:29let's see.
- 2:03:31This is a low.
- 2:03:34This is a high.
- 2:03:38This right here is the higher low.
- 2:03:42This right here is the higher high.
- 2:03:46This right here is the break structure.
- 2:03:51Boom. We do the blue line here.
- 2:03:56Blue line here. And then
- 2:03:59after that we made a new higher low, new
- 2:04:02higher high. So we have a break
- 2:04:04structure here.
- 2:04:07Now this is the new higher high. And
- 2:04:10this is the new higher low.
- 2:04:16And then anything in between we don't
- 2:04:18care about. So look before we break this
- 2:04:20high right here, this is nothing
- 2:04:23matters. This will stay the higher low
- 2:04:24until we break this high. And before we
- 2:04:26break this low right here, we don't get
- 2:04:27a change of character. So anything
- 2:04:29that's happening in between, we don't
- 2:04:30care about. And you can see here, yeah,
- 2:04:32we had a high, low, lower, high, low,
- 2:04:34low, lower, high, low, low, but that's
- 2:04:35just internal structure. So that's why
- 2:04:37this right here wouldn't be counted as a
- 2:04:39change of character in the first place.
- 2:04:41Why? Because we didn't even break the
- 2:04:42low here. So we're still in an uptrend.
- 2:04:44Yes, but this is the low. This is the
- 2:04:48high. And that's why this is still the
- 2:04:51confirmed higher low until we break this
- 2:04:53high or this low. This will remain the
- 2:04:56higher low and this right here will
- 2:04:57remain as the higher high. All right,
- 2:05:00very simple. I know it can get
- 2:05:02confusing. If you didn't get this part,
- 2:05:03re-watch it again. But because we didn't
- 2:05:06break the lows yet or we didn't break
- 2:05:08the highs yet, in this case, number one
- 2:05:12is the higher low. Okay.
- 2:05:14Now obviously if we broke the highs here
- 2:05:18then it would have been a different
- 2:05:20situation. Number two would have been
- 2:05:22the higher low in that case. But in this
- 2:05:24case it's still number one. Got it?
- 2:05:28Now let's move forward.
- 2:05:31What is this yellow line called? This is
- 2:05:34pretty simple.
- 2:05:36It's called break structure.
- 2:05:39Is this right here? Break structure.
- 2:05:40It's pretty much what we did before, but
- 2:05:42I'm just switching it from an uptrend to
- 2:05:44a downtrend. Is this right here break
- 2:05:46structure? Well, I hope you got this
- 2:05:48right. No, it's not. Why?
- 2:05:52Because this right here was the lower
- 2:05:54high.
- 2:05:56This right here was the lower low. And
- 2:05:58anything in between doesn't matter. So
- 2:06:00only when we break this low right here,
- 2:06:02that's when this would become this would
- 2:06:05become a break structure. Okay? But
- 2:06:07because we didn't break that yet, still
- 2:06:09not a break structure. So the answer
- 2:06:10here is simply no.
- 2:06:13Now which one here is the recent lower
- 2:06:16high? Think about it. Okay? I want you
- 2:06:18to go through it properly and think
- 2:06:20about it.
- 2:06:32Let's see.
- 2:06:34I'm going to give you a hint. Use the
- 2:06:37snake method. So this is the higher high
- 2:06:41or the high. This is the low
- 2:06:47lower high
- 2:06:51lower low
- 2:06:55break structure here.
- 2:07:02Now this is the lower high.
- 2:07:06This is the lower low.
- 2:07:08Then we got new lower high,
- 2:07:14new lower low.
- 2:07:17Why? Because we got a break structure
- 2:07:19right here.
- 2:07:25So this right here became the lower
- 2:07:26high.
- 2:07:28This right here became the lower low.
- 2:07:30Then cool. Let's just do this. This
- 2:07:33right here became the lower low after we
- 2:07:36had the break structure here.
- 2:07:42So this became the lower low. And now
- 2:07:45remember every time after we get a break
- 2:07:46structure, we need to find the most
- 2:07:48recent lower high. How do we do that?
- 2:07:50The snake method. Draw the head. Whoop.
- 2:07:54First curve. This would be the most
- 2:07:55recent lower high. Right? So it would be
- 2:07:59in this case number two. Number one
- 2:08:02would be the swing high, which is the
- 2:08:03highest point before the break
- 2:08:04structure. As I said earlier, we don't
- 2:08:06care about that. We care about the most
- 2:08:08recent lower high. So, it's number two.
- 2:08:12Now,
- 2:08:13is this right here a confirmed lower
- 2:08:15high? This is pretty simple. Now, you
- 2:08:17should already know it by now. Remember,
- 2:08:21let me give you a quick hint. This right
- 2:08:24here was a break structure.
- 2:08:28So, this was the lower high.
- 2:08:31This right here was the lower low and we
- 2:08:34didn't break the lower low yet. That's
- 2:08:36why this is not a confirmed lower high
- 2:08:38because what's the definition of
- 2:08:39confirmed lower high? It's only after we
- 2:08:42get a break structure. So after we got
- 2:08:43the break structure here, this became
- 2:08:45the confirmed lower high. This still
- 2:08:47potential lower high. Why? Because we
- 2:08:49didn't break the lows yet. We didn't get
- 2:08:51the break structure yet. So it's still
- 2:08:53not a confirmed lower high.
- 2:08:55Now
- 2:08:57what is this yellow line called? Very
- 2:09:00easy.
- 2:09:05It's a change of character. Very simple.
- 2:09:07Very easy.
- 2:09:10[sighs and gasps] Now, let me ask you
- 2:09:12this. Is this right here a change of
- 2:09:13character? I want you to lock in on this
- 2:09:15one. It can be tricky.
- 2:09:19Let's see if it's a change of character
- 2:09:21or not. We got a low
- 2:09:25high.
- 2:09:30I mean, this is pretty obvious why it's
- 2:09:32a change of character, right? Because we
- 2:09:33broke the higher low. That's why it's a
- 2:09:35chain of character.
- 2:09:37So, we have a low high,
- 2:09:40higher low,
- 2:09:43higher high,
- 2:09:49higher low.
- 2:09:52Higher high.
- 2:09:58Break a structure here.
- 2:10:04Break a structure here.
- 2:10:09So, this right here became the most
- 2:10:10recent higher low. This right here
- 2:10:13became the most recent higher high. Now,
- 2:10:15what's the definition of a change of
- 2:10:16character? Definition of a change of
- 2:10:18character. I'm talking about when we're
- 2:10:20in an uptrend switching to a downtrend.
- 2:10:22It's when we break the most recent
- 2:10:24higher low, right? That's the definition
- 2:10:26of a high a change of character.
- 2:10:27[snorts] So only when we break the most
- 2:10:30recent higher low, that would be counted
- 2:10:32as a change of character. In this case,
- 2:10:34we didn't do that. So this wouldn't be a
- 2:10:36change of character, right? Because we
- 2:10:37didn't break the higher low yet. If you
- 2:10:40think about it, this right here was just
- 2:10:41a potential higher low. It wasn't a
- 2:10:43confirmed higher low. So if it looks
- 2:10:45something like this then yes this would
- 2:10:47right here would be a change of
- 2:10:48character. Why? Because now we have a
- 2:10:50higher high break structure confirmed
- 2:10:52higher low than a change of character.
- 2:10:54But because we still didn't break the
- 2:10:55highs right here. So this right here is
- 2:10:58still not a higher low. It's still not a
- 2:10:59confirmed higher low. Aka this doesn't
- 2:11:02make it a change of character. You see
- 2:11:04how the blue lines would make your life
- 2:11:05easier especially if you're still a
- 2:11:07beginner using this strategy.
- 2:11:10So no the answer here is no. It's not a
- 2:11:12change of character because we still
- 2:11:15didn't break the confirmed higher low.
- 2:11:20Now, which one right here is the change
- 2:11:22of character? It's very easy, but you
- 2:11:25need to pay attention.
- 2:11:27So, we have a low,
- 2:11:30we have a high,
- 2:11:34we have a higher low,
- 2:11:38we have a higher high,
- 2:11:41we have a break structure right here.
- 2:11:48And then,
- 2:11:51so this became the most recent higher
- 2:11:52low.
- 2:11:54This became the most recent higher high.
- 2:11:57And then we had another break structure
- 2:11:59right here.
- 2:12:03So this right here became the higher
- 2:12:05high.
- 2:12:08Boom.
- 2:12:11Now before we answer this question, we
- 2:12:14need to find the most recent higher low,
- 2:12:15right? So we got a
- 2:12:18a break structure and you know after a
- 2:12:20break structure, we need to find now the
- 2:12:21higher low. How do we do that? First
- 2:12:23thing we do the snake method. So we do
- 2:12:25the circle.
- 2:12:27Look at it. Okay, fine. We found out
- 2:12:30that this is the most recent higher low.
- 2:12:32You see
- 2:12:34this is the most recent higher low. The
- 2:12:36one on the top. This and then once this
- 2:12:40became the most recent higher low, this
- 2:12:43makes sense that number one is the
- 2:12:44change of character, right? Because now
- 2:12:47we know, okay,
- 2:12:49this is the most recent higher low,
- 2:12:52right? We already agreed on that. And
- 2:12:54then the change of character happens
- 2:12:55once we break the most recent confirmed
- 2:12:58higher low which is this one right here.
- 2:13:00So this right here wouldn't be the most
- 2:13:02recent higher low aka that's why this
- 2:13:04wouldn't be the change of character. The
- 2:13:05change of character happened here.
- 2:13:07Sounds good.
- 2:13:11[sighs]
- 2:13:11I know this might be confusing. Maybe I
- 2:13:13could go over it real quick. So we have
- 2:13:15a low higher low higher high. This
- 2:13:18became the most recent low.
- 2:13:21This became the most recent high.
- 2:13:24After that, once we had another break
- 2:13:26structure, this became the most recent
- 2:13:27high. Now we need to find the most
- 2:13:29recent higher low. We do the snake
- 2:13:32method. All right, we found out that
- 2:13:33this is the most recent higher low. Now,
- 2:13:38boom. And now once we broke this, that's
- 2:13:41when the change of character happened.
- 2:13:42Okay, it's same concept as here. It just
- 2:13:45might get confusing once you see this
- 2:13:47pattern right here. That's why a lot of
- 2:13:48people mess it up. Now, is this right
- 2:13:51here a change of character? Well, simply
- 2:13:54yes. Why? We have a high low, lower
- 2:13:57high, lower low,
- 2:14:01right? We got a lower low.
- 2:14:05We got a lower high here.
- 2:14:09And then we had a break structure here.
- 2:14:16Oops.
- 2:14:20and then we broke the most recent lower
- 2:14:23high making this a change of character.
- 2:14:25So it's pretty simple. I've talked about
- 2:14:27it too much that's why I don't want to
- 2:14:29go about it more in depth. If you
- 2:14:31haven't watched the full video, you
- 2:14:32probably wouldn't understand what we're
- 2:14:33talking about right now. So yeah, this
- 2:14:36is the it's called change of character.
- 2:14:38So this is the change of character. Now
- 2:14:41here, same concept as this one. Which
- 2:14:43one is the change of character here?
- 2:14:44Let's see if you understood it or not.
- 2:14:47So this is the high.
- 2:14:52This is the low.
- 2:14:56This is the lower high.
- 2:15:02This is the lower low.
- 2:15:04So we had a break of a structure right
- 2:15:06here.
- 2:15:12This right here became the lower high.
- 2:15:15This right here became the lower low.
- 2:15:18Then we had a new break structure right
- 2:15:20here.
- 2:15:25So this right here became the lower low.
- 2:15:26Now let's see which one is the lower
- 2:15:28high. This or this. So before we know
- 2:15:29the change of character, we got to know
- 2:15:31which one is the lower high. Right?
- 2:15:32Let's do the stink method. We do the
- 2:15:35head. Whoop the curve. Right. Perfect.
- 2:15:38Number one is the most recent lower
- 2:15:40high. Let's mark it up.
- 2:15:44And once we knew that this is the most
- 2:15:46lower high, obviously change of
- 2:15:48character happened on number one. Why?
- 2:15:50Because that's when we broke the most
- 2:15:52recent lower high. Got it?
- 2:15:56Now, is this right here an uptrend or in
- 2:15:59a downtrend? Very easy. By the way, I
- 2:16:01don't think it should take you a lot of
- 2:16:03time to know this. Very, very, very
- 2:16:06easy.
- 2:16:08This is a low
- 2:16:11This is a high.
- 2:16:18This is a higher low.
- 2:16:21This is a higher high.
- 2:16:24This right here is the break of
- 2:16:26structure.
- 2:16:32This was the most recent low.
- 2:16:35This is the most recent high.
- 2:16:38Then we got a new breaker structure
- 2:16:40right here.
- 2:16:43So this became the most recent high.
- 2:16:46Then this became the most recent higher
- 2:16:48low.
- 2:16:52And anything in between we don't care
- 2:16:54about. So we're still in an uptrend
- 2:16:56until we break this low or this high. So
- 2:16:59are we in uptrend or in downtrend? In
- 2:17:01this case we are in an uptrend. Now this
- 2:17:03doesn't happen very often. This usually
- 2:17:05happens once you get huge news or
- 2:17:08something. That's when you see this and
- 2:17:10I hate when it happens but doesn't
- 2:17:11happen very often. So this is the higher
- 2:17:13high because usually what would happen
- 2:17:15would be something like this and then
- 2:17:16you know like the market would change
- 2:17:18and all of that. So in this case this is
- 2:17:20the higher high. This is the higher low.
- 2:17:21So we are still in an uptrend and this
- 2:17:23is just an internal structure. This
- 2:17:25right here is called external structure.
- 2:17:28You see how we you know externally we're
- 2:17:30in an uptrend. Internally we are in a
- 2:17:34downtrend but externally we're still in
- 2:17:36an uptrend and that's what matter.
- 2:17:38Overall the trend is still uptrend.
- 2:17:46Now
- 2:17:48is this right here a confirmed downtrend
- 2:17:51and focus on the word confirmed. Okay.
- 2:17:55And remember what makes a downtrend or
- 2:17:58an uptrend confirmed when we after we
- 2:18:00get the three steps confirmation.
- 2:18:03Well, the answer is pretty simple here.
- 2:18:05I'm not going to go too much in depth.
- 2:18:06So, this is the higher low. This is the
- 2:18:09higher high
- 2:18:11right here. We had the change of
- 2:18:12character.
- 2:18:16So, and we only had a change of
- 2:18:18character. That's why this is still not
- 2:18:21a confirmed downtrend. What? Why? But we
- 2:18:24changed from an uptrend to a downtrend.
- 2:18:25Well, I'm telling you, yes, that's the
- 2:18:27only first step of trend shifting from
- 2:18:30an uptrend to a downtrend. For a trend
- 2:18:33to be confirmed that it's a downtrend,
- 2:18:35we need to see the three steps
- 2:18:36confirmation, which is change of
- 2:18:38character, making a new lower high, and
- 2:18:40then break structure. So, we need a
- 2:18:42change of character, then a break
- 2:18:43structure for this to become a confirmed
- 2:18:46lower high uh to become a confirmed
- 2:18:48downtrend.
- 2:18:50Now it would have been a confirmed
- 2:18:52downtrend. But because we didn't see
- 2:18:53that, we only got the change of
- 2:18:55character. Then the answer is no. This
- 2:18:58is still not a confirmed downtrend.
- 2:19:00Imagine we only have a high and a low.
- 2:19:02What's the definition of a downtrend?
- 2:19:05It's when we have a high, low, lower,
- 2:19:06high, lower low. Do you see that here?
- 2:19:09No. You only see a high and a low.
- 2:19:10That's why this is still not a confirmed
- 2:19:12downtrend.
- 2:19:15Now, is this right here confirmed
- 2:19:16uptrend?
- 2:19:20Well, same exact concept. The answer
- 2:19:22will be simply no.
- 2:19:26Because this was the bearish break of
- 2:19:28structure.
- 2:19:31This right here was the change of
- 2:19:32character
- 2:19:35and we didn't do the three steps
- 2:19:37confirmation yet. So, no, still not a
- 2:19:40confirmed uptrend. For it to become a
- 2:19:42confirmed uptrend, I want to see
- 2:19:44something like this. higher low, then a
- 2:19:46higher high first, and then it's going
- 2:19:48to be a confirmed uptrend. All right.
- 2:19:53Now, is this right here a confirmed
- 2:19:55downtrend? Actually, I didn't remember
- 2:19:57me writing this.
- 2:19:59Think about it. You have a low, high,
- 2:20:02higher low, higher high, higher low,
- 2:20:04higher high.
- 2:20:06Then, right here, you had a change of
- 2:20:08character,
- 2:20:11right? So now we have a high low. Then
- 2:20:14we had the lower high, lower low. So
- 2:20:17this right here became
- 2:20:19the lower high.
- 2:20:22This right here became the lower low
- 2:20:25and we had a break structure right here.
- 2:20:29So the answer here is yes because we
- 2:20:31have a high low lower high lower low. So
- 2:20:33this is a confirmed downtrend. Okay?
- 2:20:37Because we did the three steps
- 2:20:38confirmation.
- 2:20:41Now, it's very easy. If you watch the
- 2:20:44three steps confirmation, you should be
- 2:20:46able to understand this. Like, this is
- 2:20:48mostly not like to test your knowledge
- 2:20:49cuz you should be able to answer all the
- 2:20:51questions. This is mostly to revise your
- 2:20:54information, you know, like because it's
- 2:20:55been a while since you watched this or
- 2:20:56maybe watching this video over a couple
- 2:20:58of days. So, in case you forgot
- 2:20:59something, I'm just refreshing your
- 2:21:00memory. Now, is this right here
- 2:21:02confirmed uptrend? Well, we have a high
- 2:21:05low lower high lower low high lower low.
- 2:21:10Then right here we had the change of
- 2:21:12character.
- 2:21:17Cool. Then we had a higher low without
- 2:21:20breaking the lows. And then we had
- 2:21:22higher high. So a breaker structure that
- 2:21:25makes it a confirmed uptrend. Why?
- 2:21:27Because we did the three steps
- 2:21:31confirmation.
- 2:21:33So yeah, this becomes a confirmed
- 2:21:35uptrend because we have a low high,
- 2:21:37higher low, higher high.
- 2:21:40So this right here becomes the higher
- 2:21:42low and this right here becomes the
- 2:21:44higher high.
- 2:21:48Now, is this right here a confirmed
- 2:21:49uptrend?
- 2:21:51Well, simply the answer is no. This is
- 2:21:54not even an uptrend. This is just a
- 2:21:56downtrend because we have a high, low,
- 2:21:58lower, high, lower, low, lower, high,
- 2:22:00lower, low, right?
- 2:22:02So this was the lower high. This was the
- 2:22:05lower low.
- 2:22:07We had a break structure here.
- 2:22:11Anything in between we don't care about.
- 2:22:13This is just internal uptrend but
- 2:22:16externally we're still in a downtrend
- 2:22:18and that's what matters. So externally
- 2:22:19we're still in a downtrend. Internally
- 2:22:21we are in an uptrend but that's just
- 2:22:23internally so it doesn't really matter.
- 2:22:25So externally we're still in a
- 2:22:26downtrend. internally we're in an
- 2:22:28uptrend but doesn't matter right until
- 2:22:30we break this high or this low doesn't
- 2:22:33really matter
- 2:22:36now last but not least are we in an
- 2:22:39uptrend or in a downtrend here I want
- 2:22:41you to take this seriously so that you
- 2:22:44get the answer correctly and this should
- 2:22:46be it for the quiz
- 2:22:49pause the video write the lows highs
- 2:22:51higher lows higher highs change of
- 2:22:53character break structure and then
- 2:22:54answer the question all right So, I'm
- 2:22:57assuming you did that what I just told
- 2:22:58you. This is the low. This is the high.
- 2:23:04This is the higher low. This is the
- 2:23:07higher high.
- 2:23:09[snorts]
- 2:23:09We had a breakout structure right here.
- 2:23:18So, this became the most recent higher
- 2:23:20low. This became the most recent higher
- 2:23:22high. Then higher low, higher high.
- 2:23:27So this became the higher high
- 2:23:30and this right here became the most
- 2:23:32recent higher low
- 2:23:34and had a break structure right here.
- 2:23:40So this became the higher high. This
- 2:23:43became the higher low and then we made
- 2:23:46structure and then boom. So this became
- 2:23:49the higher high.
- 2:23:53We had break structure right here.
- 2:23:58Now, where's the most recent higher low?
- 2:24:00We do the snake method. Boom. Whoop.
- 2:24:04First curve found it. This right here
- 2:24:07became the most recent higher low.
- 2:24:14Then we made again same thing, same
- 2:24:16exact concept. I don't know why I did it
- 2:24:17twice.
- 2:24:19This became the higher high.
- 2:24:22Where's the most or we had a break
- 2:24:24structure right here.
- 2:24:29Where's the most recent higher low
- 2:24:32circle? Whoop. First curve found it.
- 2:24:37This became right here the most recent
- 2:24:38higher low.
- 2:24:44Then after that, you see we broke the
- 2:24:46most recent higher low. So this right
- 2:24:48here became a change of character.
- 2:24:53>> [snorts]
- 2:24:59>> And now we have a high low. Boom boom
- 2:25:02boom internal structure. This became the
- 2:25:05lower low
- 2:25:09break structure to the downside. So we
- 2:25:11confirm the downtrend.
- 2:25:14Now where's the most recent lower high?
- 2:25:16We do the snake method. Whoop. Whoop.
- 2:25:19All right. Cool. found it.
- 2:25:24This is the most recent lower high
- 2:25:30and then we made a lower high, lower
- 2:25:33low. So, this right here became the
- 2:25:35lower low. This right here became the
- 2:25:36lower high after we found this break
- 2:25:39structure right here.
- 2:25:45This became the lower high
- 2:25:49and this became the lower low.
- 2:25:52And then after that, what did we do? We
- 2:25:54broke the most recent lower high. So
- 2:25:58trend shifted or first step for the
- 2:26:00trend shifting from a downtrend to an
- 2:26:02uptrend.
- 2:26:04So bearish oops bearish no bullish
- 2:26:07bullish change of character.
- 2:26:10That's the first step. And then we made
- 2:26:12a higher low, higher high.
- 2:26:14So higher low, higher high
- 2:26:19break a structure right here
- 2:26:23and this became the most recent higher
- 2:26:25low and this became the higher high. You
- 2:26:29see once we took it step by step you see
- 2:26:32how different it is. Like if you just
- 2:26:33look at it from the outside and you
- 2:26:35said, "Oh, we're in an uptrend." Well,
- 2:26:37you got it wrong. Technically, yes, we
- 2:26:39are in an uptrend. And yes, the answer
- 2:26:40is an uptrend. If you didn't do what I
- 2:26:42just did, you're not going to be able to
- 2:26:44read the market structure properly
- 2:26:46because in real life, that's more
- 2:26:48realistic how the market is going to
- 2:26:49look. It's not always going to look like
- 2:26:51something like this.
- 2:26:54And it's not always going to look
- 2:26:55something like
- 2:26:57something like this.
- 2:27:02It's not always going to look like this.
- 2:27:06All right. Now what we're going to do is
- 2:27:09the the thing you all been waiting for
- 2:27:12properly probably
- 2:27:14reading the market structure on the
- 2:27:17charts actually when we see candles and
- 2:27:19so on and after that I'm going tell you
- 2:27:21about the indicator that's going to
- 2:27:23remove all of this because it's
- 2:27:25going to help you so much. All right,
- 2:27:26let's get it. So now let's move to the
- 2:27:28charts. All right. All right, let's get
- 2:27:29it. Now, now I know Hey, I see you
- 2:27:31smiling. I see you smiling. I know
- 2:27:33you're excited now. Now I know you're
- 2:27:34excited cuz now we're finally touching
- 2:27:36some
- 2:27:38charts candles. Not no more armor
- 2:27:41drawing. Now we're getting straight to
- 2:27:43business. But imagine I directly took it
- 2:27:45here. You wouldn't understand anything,
- 2:27:47right? So what we're going to do is just
- 2:27:49going to start reading market structure
- 2:27:52from let's say here. Yeah, I marked it
- 2:27:54on purpose
- 2:27:56here cuz you know I wanted to find a
- 2:27:59market structure that's going to be easy
- 2:28:01but then it gets tricky. Then we have
- 2:28:03some change of characters and so on. You
- 2:28:04know what I mean? That's why I chose
- 2:28:07this area specifically. All right, let's
- 2:28:10get it.
- 2:28:12Let's get started from here.
- 2:28:16So
- 2:28:18easily we have a low, high, higher, low,
- 2:28:20higher, high. And now let's get let's
- 2:28:23keep going. Okay, perfect.
- 2:28:26So, we have a low, high, or you know
- 2:28:31what I'mma do? Actually, I'mma draw with
- 2:28:33a pen. Low. Oops. Maybe it's not the
- 2:28:38best to draw with a pen. Low, high,
- 2:28:41higher, low.
- 2:28:46Actually, yeah, it's not the best to
- 2:28:47draw with a pen. I just discovered that.
- 2:28:50All right, no problem. Excuse ma.
- 2:28:55Let's do this. Let's draw with a
- 2:29:00low high, higher low, higher high. Let's
- 2:29:04keep going. So, now we're in uptrend.
- 2:29:08And before we continue, one second. So,
- 2:29:11this is the low, right?
- 2:29:15This was the high,
- 2:29:19right? Then we made a higher low right
- 2:29:23here. So you can see it's retraced. We
- 2:29:25count the wicks in the retracement,
- 2:29:26right? Cuz like this going down, we
- 2:29:29count it as a retracement with the
- 2:29:30wicks. But when we care about the high
- 2:29:32and the low, we only look at the bodies.
- 2:29:34Okay? But like now, just to make it
- 2:29:36easier, I'm going to do it with the
- 2:29:38wicks. But when we look at change of
- 2:29:40character and break structure, what do
- 2:29:41we look at? We look at the bodies,
- 2:29:43obviously. Low, then high.
- 2:29:47Perfect. So now we have a low, high. Or
- 2:29:50maybe it's going to be easier for you if
- 2:29:52I just do this low, high, higher, low,
- 2:29:54higher, high. So this right here was
- 2:29:56called
- 2:29:58a break of structure.
- 2:30:02Bullish break structure. Boom. And now
- 2:30:05this is the higher low. This became the
- 2:30:07higher high. Right? Then we made a
- 2:30:09higher low. Higher high. So now this is
- 2:30:11the higher high.
- 2:30:13And this right here
- 2:30:18is the break of structure.
- 2:30:22And remember, after break structure, we
- 2:30:24need new higher low. So, where's the new
- 2:30:25higher low? Boom. If you're not sure,
- 2:30:29you do the snake method. Whoop.
- 2:30:32All right, cool. That's the new higher
- 2:30:34low. Amazing.
- 2:30:36Now, let's keep going.
- 2:30:45Am I tripping or did my electricity
- 2:30:48go off for a second and it came back?
- 2:30:51Whatever. I might be tripping. It's
- 2:30:53because of the lack of the sleep.
- 2:30:56Okay, cool. Now we got a new high or
- 2:30:59like obviously like you know when I mark
- 2:31:01up the high, it's just going to keep
- 2:31:03going until we get a new higher low. So,
- 2:31:05so far this is the high and we're not
- 2:31:07going to get a new higher low unless if
- 2:31:09we break this high. And we're not going
- 2:31:11to get a change of character unless if
- 2:31:12we break this low. Let's keep going.
- 2:31:15Okay. Everything in between, I don't
- 2:31:16care about I don't care about none of
- 2:31:18that. I don't care. Okay, perfect.
- 2:31:20That's a change of character. Why?
- 2:31:21Because we broke the most recent
- 2:31:23confirmed higher low. So, after we broke
- 2:31:25this confirmed recent higher low, this
- 2:31:27became the low. So, now we have a high
- 2:31:29and we have a low. Obviously, this is
- 2:31:31all internal structure. But if like now
- 2:31:33I'm doing it just for training purposes.
- 2:31:36If you would mark it, it would be high,
- 2:31:38low, lower, high, lower, low, lower,
- 2:31:40high, lower, low, lower high, lower low,
- 2:31:43lower high, lower low.
- 2:31:47All right, let's keep going.
- 2:31:51Perfect. Then we broke this low right
- 2:31:54here.
- 2:31:55So this became the most recent low. And
- 2:31:57this right here became a breakout
- 2:31:59structure,
- 2:32:01bearish breakout structure.
- 2:32:05Uh lower high, lower low, lower high,
- 2:32:07lower low, lower high. This became the
- 2:32:08most recent lower high.
- 2:32:11Boom. Again, a change of character right
- 2:32:13here.
- 2:32:15So this right here became a change of
- 2:32:17character.
- 2:32:20So bullish change of character. Now we
- 2:32:23have a low high
- 2:32:25or an uptrend downtrend yet. We don't
- 2:32:27know because we still haven't done the
- 2:32:28three steps confirmation. Now we have a
- 2:32:30low high higher low higher high. So
- 2:32:35this right here
- 2:32:37became bullish break structure
- 2:32:42and this right here became the most
- 2:32:44recent higher low so far. Keep going.
- 2:32:47Okay. The high keeps going up. Keeps
- 2:32:48going up. Okay. Now in an uptrend. You
- 2:32:51can see we have a change of character
- 2:32:52and a break structure. We keep going up.
- 2:32:54Nice. All right. This is the high. So,
- 2:32:57we're not going to have a change of
- 2:32:58character until we break this low. And
- 2:33:00we're not going to have a new higher low
- 2:33:01until we break this high.
- 2:33:04All right. Did we break it? Oh, here we
- 2:33:06did. Right. Highs. I don't care how
- 2:33:08small we broke the highs. Remember when
- 2:33:10we were talking earlier about the body,
- 2:33:12not the wicks. This is exactly a good
- 2:33:14example. You see how the body of this
- 2:33:15candle right here closed above the body
- 2:33:18of this candle right here. So, the body
- 2:33:20closed above the body. That's why this
- 2:33:22would count as a break structure. In
- 2:33:23return, this would become the most
- 2:33:25recent higher high. So you see because
- 2:33:28this right here became break structure.
- 2:33:29Now boom, boom. And don't worry, I have
- 2:33:32an indicator about this which I'm going
- 2:33:34to talk about later on. It's going to do
- 2:33:36this all of this work automatically. So
- 2:33:38you see how this became the most recent
- 2:33:41higher high.
- 2:33:44And now we're going to see the most
- 2:33:46recent higher low. Right now, here's the
- 2:33:48mistake most people would do
- 2:33:52is they be like, "Oh, cool. This is the
- 2:33:55most recent higher low." No, it's not.
- 2:33:58Yes, it looks like it, but it's not.
- 2:33:59This would be the most recent higher
- 2:34:01low. Why? Because after the break
- 2:34:03structure, if we do the snake method,
- 2:34:04this would be the most recent higher
- 2:34:06low. Not this one. Cuz if you're too
- 2:34:08zoomed out, you might see it low, high,
- 2:34:10higher, low, higher, high, higher, low,
- 2:34:11higher, higher. No, it's not. This would
- 2:34:12be the most recent higher low. And I
- 2:34:14have a way to do it. I'm going to show
- 2:34:16it to you in a second. Just bear with
- 2:34:18me. So, this became the most recent
- 2:34:21higher low
- 2:34:24after the break of structure.
- 2:34:27Cool. Then we keep going. Okay. Nice. We
- 2:34:30had a change of character here and then
- 2:34:32followed by another change of character.
- 2:34:33This is special case which also we got
- 2:34:36to talk about. Um
- 2:34:39you all just got to bear with me. So
- 2:34:42change of character here.
- 2:34:45This is what I call a fake out. Boom.
- 2:34:48And then followed by another change of
- 2:34:50character. So this became the low. And
- 2:34:53now this is the high. And we just keep
- 2:34:56going.
- 2:34:59Okay, cool. We broke the high. So after
- 2:35:01it broke this this high. You see after
- 2:35:03it broke this high, this became the most
- 2:35:05recent high. And this right here is
- 2:35:07called what? Brao structure.
- 2:35:12Boom. Now we do the snake method. I
- 2:35:14mean, this one doesn't really need a
- 2:35:15snake method. Whoop! Here we go. I
- 2:35:18wouldn't count this as structure because
- 2:35:20this is just like a dogey candle. So, it
- 2:35:21doesn't count as a structure. So, this
- 2:35:24right here becomes the most recent
- 2:35:26higher low. Boom.
- 2:35:32Let's keep going.
- 2:35:34All right. Another break structure right
- 2:35:36here. So, we broke the highs right here.
- 2:35:41Boom.
- 2:35:43break a structure.
- 2:35:45And now, where is the most recent high?
- 2:35:47Because after every break structure, we
- 2:35:49need to have a new higher low. So, oh,
- 2:35:51here we go. That's the most recent
- 2:35:52higher low.
- 2:35:54Let's get it. Boom.
- 2:35:58Let's keep going. Let's keep going. Did
- 2:36:00we break the highs? Let's see. Oh, we
- 2:36:02did actually break the highs.
- 2:36:05Did we? Yeah, we did. Okay, cool. So, we
- 2:36:09did break the highs here.
- 2:36:11So this became the most recent high.
- 2:36:14This right here became the break of
- 2:36:15structure.
- 2:36:19And then this became the most recent
- 2:36:21low.
- 2:36:23Then here we consolidated a bit. This
- 2:36:25was a change of character.
- 2:36:27And now the low is going to be whatever
- 2:36:29is going to be next.
- 2:36:32So this became the low here because we
- 2:36:35had the change of character here.
- 2:36:41Ah
- 2:36:43boom
- 2:36:47bearish change of character and now we
- 2:36:50have a high low lower lower high lower
- 2:36:53low. So this be this is the three steps
- 2:36:56confirmation. So now we are in a
- 2:36:57downtrend. This right here would be the
- 2:37:00change of character the break structure.
- 2:37:02Sorry. And now okay we have a break
- 2:37:04structure. Where's the most recent lower
- 2:37:06high? We do the snake method. Whip wee.
- 2:37:10All right, cool. Found it. This became
- 2:37:13the most recent lower high.
- 2:37:15This is the most recent lower low. Let's
- 2:37:18keep [snorts] going.
- 2:37:20Uh, doies.
- 2:37:22Okay,
- 2:37:28nice. We broke this low right here. So,
- 2:37:31this became a break structure.
- 2:37:34Boom.
- 2:37:35Bearish breaker structure.
- 2:37:38And then after break structure, we need
- 2:37:39a new lower high. Where is it? It's
- 2:37:42right here in front of you guys.
- 2:37:45Boom.
- 2:37:48Let's keep going. Okay, nice. We have
- 2:37:50the new breaker structure right here.
- 2:37:53Right here.
- 2:37:56Boom. Bearish breaker structure. Now,
- 2:37:58where's the most recent lower high? It
- 2:38:00would be this.
- 2:38:02Let's keep going. Oops. And here we have
- 2:38:05the change of character.
- 2:38:07The first step of the trend shifting
- 2:38:11bullish change of character
- 2:38:14after this was the low. Let's keep
- 2:38:16going. You see here we wicked up above
- 2:38:19this high. We didn't break it yet. We
- 2:38:21didn't close above it. That's why this
- 2:38:22is not a break structure yet. This was
- 2:38:25one of the things we were talking about
- 2:38:26earlier. Again, we wicked but we didn't
- 2:38:28break. You see here we wicked. We didn't
- 2:38:30break. That's why this is not a change
- 2:38:31of character. And now we finally closed
- 2:38:34above. You see this was just a wick
- 2:38:36above. This was just a wick above. This
- 2:38:38was just a wick below. It didn't close.
- 2:38:40But here it did close. So now after it
- 2:38:43closed.
- 2:38:45Oh, my bad. My bad, chat.
- 2:38:49Let's do this. Boom.
- 2:38:53After we closed above, this became the
- 2:38:55high. And this right here
- 2:38:59became a break of structure. Bullish
- 2:39:02break structure. And now, where is the
- 2:39:04most recent low? You might be saying
- 2:39:06this, this, this. Well, let's do the
- 2:39:08snake method. Whip. Yep. All right,
- 2:39:12cool. I found it.
- 2:39:15This is the most recent higher low. And
- 2:39:18then let's keep going. Oh, now we had a
- 2:39:20change of character to the downside. So,
- 2:39:23this right here is called change of
- 2:39:26character.
- 2:39:29And that's the first step of the trend
- 2:39:31shifting. Nice.
- 2:39:34And then here we had the breaker
- 2:39:35structure again. And by the way, I must
- 2:39:38show you how to do it like in a way
- 2:39:39easier way. Just give me a second. Break
- 2:39:43structure. Now after that, let's do the
- 2:39:44snake method. We start here. We look at
- 2:39:46the curve. All right, I found it. This
- 2:39:48is the most recent lower high. So it
- 2:39:51becomes something like this.
- 2:39:54Nice. This is the low. We still didn't
- 2:39:56get any break structure.
- 2:39:59Cool. Boom. You see how it retraced back
- 2:40:02and then did the break structure. So
- 2:40:04this becomes now the low
- 2:40:07and this right here becomes the breaker
- 2:40:09structure.
- 2:40:12Where's the most recent lower high? We
- 2:40:13do the snake method. We start here. Do
- 2:40:16circle most recent high. Okay, here we
- 2:40:18go. Found it. Boom.
- 2:40:22And now this is a change of character
- 2:40:24right here.
- 2:40:27So this would be a bullish change of
- 2:40:29character.
- 2:40:32So we have a low and a high now. Boom.
- 2:40:35This was the high and now we broke the
- 2:40:37high again.
- 2:40:39So becomes something like this. Boom.
- 2:40:44Bullish breaker structure
- 2:40:47and this becomes the most recent low.
- 2:40:56Here we go.
- 2:41:02Okay, this is the high. Nice.
- 2:41:06All right, you see here we wait. That's
- 2:41:08why I didn't count as break structure.
- 2:41:09But now after we broke here, this became
- 2:41:11the most recent high.
- 2:41:14So we put it here. Okay, this is the
- 2:41:16break of structure.
- 2:41:19Perfect.
- 2:41:22Now, where's the most recent low? We do
- 2:41:24this dank method. All right, here's the
- 2:41:25most recent low.
- 2:41:30This is just called market gap.
- 2:41:39We didn't close yet. Okay, here we did.
- 2:41:41So, this is the change of character
- 2:41:47and this was just internal structure,
- 2:41:51bearish change of character. This was
- 2:41:53internal structure in between. But now
- 2:41:55there is something we can do about this
- 2:41:57because you see how there's this is a
- 2:41:59spec special scenario when we make
- 2:42:01structure before the change of character
- 2:42:03which I'm going to be talking about at
- 2:42:05the end of this video because I don't
- 2:42:06want to confuse you now. But when we do
- 2:42:08internal structure before change of
- 2:42:09character there is a case where we do
- 2:42:11something about this high. Okay. But I
- 2:42:13don't want to talk about it now because
- 2:42:14I need to explain it by itself first.
- 2:42:18And
- 2:42:20[sighs and gasps] okay, here we go
- 2:42:21again. Break structure.
- 2:42:26Boom. Boom.
- 2:42:30Most recent high
- 2:42:36and so on. You guys get the point. This
- 2:42:38was a trade I took. Actually,
- 2:42:41I took it live.
- 2:42:44This was the bullish noick. Price tapped
- 2:42:46it then hit D. See how easy it is?
- 2:42:49Bullish. No, price stop. Boom. Oh, yeah.
- 2:42:51We haven't talked about Noix yet. Why am
- 2:42:53I talking about Noix? I just got excited
- 2:42:55when I saw my trade.
- 2:43:00Oh, it was so easy. This trade was so
- 2:43:02easy. Anyway, you guys get the point by
- 2:43:04now. I believe uh maybe I could do it
- 2:43:07real quick. It's more
- 2:43:10It was It was choppy market price
- 2:43:12action, so I don't care about it. Okay,
- 2:43:14you I hope you guys get it by now. It's
- 2:43:16look now if you it's your first time
- 2:43:18watching this, please re-watch again
- 2:43:20because I know it's going to sound so so
- 2:43:21so confusing. So if it's your first time
- 2:43:25watching this, you have to probably
- 2:43:26watch this again multiple times to be
- 2:43:29able to actually get it and you have to
- 2:43:31do it yourself first before you actually
- 2:43:32get to doing this. All right, so because
- 2:43:35look, market structure is very easy, but
- 2:43:37yet it can be confusing. So you have to
- 2:43:40do it yourself first. And there is a
- 2:43:43more mechanical way which is funny
- 2:43:45enough, let me just delete whatever I
- 2:43:48have or not delete,
- 2:43:50hide. How do I hide? I forgot how to
- 2:43:52hide it. There is a way where it's going
- 2:43:56to say, you see how like I have this
- 2:43:58indicator that I coded myself where it's
- 2:44:01going to show you the lower highs and
- 2:44:02lower lows and the change of character.
- 2:44:04The thing is I have it drawn now. Yeah.
- 2:44:07You see like how it's covering. Okay,
- 2:44:08you know what? it. I'm going to do
- 2:44:09the delete. You see like I have my
- 2:44:11indicator. It's going to tell you to
- 2:44:13change of character. It's going to tell
- 2:44:14you break structure, higher high, higher
- 2:44:16low, higher high, lower high, change of
- 2:44:18character, lower high, change of
- 2:44:20character, higher high, lower low, break
- 2:44:22structure. Now, this is consolidation,
- 2:44:23so it wouldn't really be too focused on
- 2:44:26that. But you see, like I have an
- 2:44:28indicator that's going to show you all
- 2:44:29of this. You know what I mean? Lower
- 2:44:32highs, lower highs, lower lows, lower
- 2:44:34highs, lower lows, and so on. All right.
- 2:44:36So, so far what we talked about about
- 2:44:38the market structure and all of that,
- 2:44:40this is the max I could teach you online
- 2:44:42on YouTube. Now, you might be like,
- 2:44:44okay, what do you mean, Omar? Because
- 2:44:45look, even if I post a 100 hours worth
- 2:44:48of trading or not, sorry, not trading
- 2:44:50content, content about market structure,
- 2:44:52there is stuff that I cannot teach you
- 2:44:53unless if I'm sitting with you and we're
- 2:44:56doing this, you know, face to face or
- 2:44:58online. So, here, let me explain to you
- 2:45:00what I mean. If I don't sit with you and
- 2:45:03do, you know, I see you drawing the
- 2:45:04market structure in front of my eyes,
- 2:45:06I'm not going to be able to teach you
- 2:45:07how to read market structure because
- 2:45:09this is the only part where it's a bit
- 2:45:10subjective knowing which one is higher,
- 2:45:12low and which one is not. But there is a
- 2:45:14way to kill that which is through the
- 2:45:16indicator. Now, I'm not here trying to
- 2:45:17sell you an indicator. I don't want to
- 2:45:19do that. I'm good. um because I don't
- 2:45:22believe an indicator will ever be able
- 2:45:26to replace the way a human reads the
- 2:45:28market structure or anything in life and
- 2:45:30specifically in trading. I don't believe
- 2:45:33AI indicators and all of that will be
- 2:45:36able to do what we do. Okay? So that's
- 2:45:38why I'm not here to sell you the
- 2:45:40indicator. The indicator is not 100%
- 2:45:42accurate. But what I do is I use it in a
- 2:45:45certain way that makes the reading
- 2:45:47market structure 100% mechanical. Right?
- 2:45:50So there is no more guessing. It's 100%
- 2:45:52mechanical. I would know this is a
- 2:45:54higher low or this is a lower high using
- 2:45:56the indicator in a special way. Okay.
- 2:45:58Now [snorts] that's all of that I as I
- 2:46:00said again I would have to teach you
- 2:46:01that by doing it one on one. Now
- 2:46:04unfortunately that's something I can't
- 2:46:06do you know just have calls with anyone
- 2:46:09who just text me on Instagram or YouTube
- 2:46:11and go and explain to it then I wouldn't
- 2:46:13be able to sleep right then I would have
- 2:46:14to work 30 hours a day which is not
- 2:46:16possible. But that's exactly why I have
- 2:46:19made my Discord and my mentorship where
- 2:46:22people could apply and in order to be
- 2:46:24able to learn all of this from me. Now,
- 2:46:26here's the thing. I want you to know one
- 2:46:29thing about this mentorship. And I'm
- 2:46:30going say real quick because I would
- 2:46:32rather, you know, keep this mostly
- 2:46:34educational. I don't want to talk about
- 2:46:35the mentorship that much. I would rather
- 2:46:37keep that until the end. You know what I
- 2:46:38mean? The mentorship is not some
- 2:46:40pre-recorded videos where you have to
- 2:46:42watch and then I'll tell you, okay,
- 2:46:44thank you. I got your money. Good luck.
- 2:46:46Now, no. This is not some pre-recorded
- 2:46:48videos. It's obviously it's gonna have
- 2:46:49recorded videos about more in-depth
- 2:46:52stuff that I'm not going to cover in,
- 2:46:54you know, on YouTube. But what it's
- 2:46:56going to have, which is more important,
- 2:46:58is the indicator. It's also going to
- 2:47:00have the journal that you have to do
- 2:47:03because also the way it works is you
- 2:47:05have to back this strategy yourself and
- 2:47:08then you have to journal the trades and
- 2:47:09then I have to go through your journal
- 2:47:11trade by trade, win by win, loss by loss
- 2:47:14and tell you what you're doing right and
- 2:47:15what you're doing wrong. I want to check
- 2:47:16every single trade. If you won, I'm
- 2:47:18going to tell you, okay, you won, but
- 2:47:20why did this trade work out? Okay, you
- 2:47:22lost, but why didn't this trade work
- 2:47:24out? Okay, you won here, but you didn't
- 2:47:26follow the rules. So, if you keep doing
- 2:47:27this over the next 10 trades, you're
- 2:47:29most probably not going to be
- 2:47:30profitable. Okay, you lost, but you did
- 2:47:32this mistake. Okay, you lost here, but
- 2:47:34this is just a normal loss. So, you
- 2:47:36would have to back this and journal, and
- 2:47:37I would have to see your journal, and we
- 2:47:40would have to do I have to review it.
- 2:47:42And I will be doing that personally, not
- 2:47:44some other coach doing this for you. No,
- 2:47:46I will be doing this for you oneonone.
- 2:47:49Now, other than this, you'll also be
- 2:47:51getting So, you're going to be getting
- 2:47:52the indicator, you're going to be
- 2:47:54getting the journal, you're going to be
- 2:47:55getting the community where we take all
- 2:47:57the trades together. This is not a
- 2:47:59signal group, but we send every single
- 2:48:01trade before we take it. After we take
- 2:48:03it, we discuss it. We say what's going
- 2:48:05on right, what's going on wrong. My goal
- 2:48:07is not to give you signals. My goal is
- 2:48:08to teach you how to trade. Because if I
- 2:48:10give you right now a fish, I'm going to
- 2:48:11be able to feed you for today. Tomorrow
- 2:48:13you're going to be hungry. If I teach
- 2:48:14you how to fish, you're going to be able
- 2:48:16to eat forever. So that's my goal in
- 2:48:18this. I want to teach you how to be able
- 2:48:20to become profitable and how to make
- 2:48:22money from the market without even using
- 2:48:24my help. And then on on top of all of
- 2:48:26that, you we're going to be having two
- 2:48:28group calls every week. So with the
- 2:48:30other students where we back test
- 2:48:31together, live back test. Uh sometimes
- 2:48:33we live trade together. We do we review
- 2:48:36the journals. We discuss how the market
- 2:48:38is. We see what you're doing right, what
- 2:48:40you're doing wrong, and so on. On top of
- 2:48:42all that, you're going to have my
- 2:48:43personal number so that we can have
- 2:48:45contact 24/7. And on top of that, you're
- 2:48:48going to be able to book couple or
- 2:48:49multiple one-on-one calls every single
- 2:48:51week. And on top of that, there's so
- 2:48:54many other features. And this is the
- 2:48:56exact system that we use for all of
- 2:48:58these students to be able to get their
- 2:49:00payouts. So, if that's something you're
- 2:49:03interested in, you can apply through the
- 2:49:05link in my description. But before you
- 2:49:07do so, I just want to let you know one
- 2:49:08thing real quick. This is application
- 2:49:10only and not everyone who applies ends
- 2:49:12up getting accepted. All right? This is
- 2:49:13something I want to just say it out loud
- 2:49:16because this is only for serious traders
- 2:49:19who actually want to change their life
- 2:49:20and make trading work for them, become
- 2:49:22consistent in trading, get payouts and
- 2:49:24so on. This is not made for anyone who
- 2:49:26just want to, you know, have fun and see
- 2:49:28if trading is for them. No, this is for
- 2:49:30people who want to make trading work
- 2:49:32out. So, if you feel like that's you,
- 2:49:34apply through the link in my
- 2:49:35description. And then after that, there
- 2:49:37is a video that you're going to see
- 2:49:38about what's more included in the
- 2:49:39mentorship. So, I don't make this video
- 2:49:40too long. And then after that, there's
- 2:49:43an application. You fill it. If you're
- 2:49:45qualified, you'll be able to book a free
- 2:49:46one-on-one call with me or one of my
- 2:49:48assistants. And then we can talk about
- 2:49:50the rest as well. So, do that.
- 2:49:54Best case scenario, you end up joining
- 2:49:56the family and you actually start
- 2:49:59getting results. Worst case scenario,
- 2:50:01you would leave the call with some extra
- 2:50:04help and you don't lose anything. That
- 2:50:07should be it. I'm going be talking about
- 2:50:08this more in the end of this video and
- 2:50:12let's get back to the video now. All
- 2:50:13right. All right. So, enough enough
- 2:50:15enough yapping about the trend lines,
- 2:50:18market structure,
- 2:50:21I don't know what. Enough with all of
- 2:50:23that. BS. Whoa. Did I just call
- 2:50:26everything I told you guys BS? Because
- 2:50:29y'all been probably watching for the
- 2:50:31last, I don't know, three hours, four
- 2:50:33hours. I mean, I've been recording for 5
- 2:50:34hours, but after editing, it's going to
- 2:50:36be like 3 hours. So, and I call it BS. I
- 2:50:40wouldn't take that. Yeah, I wouldn't
- 2:50:42take that. If I was you, I would like,
- 2:50:44man, this guy, this guy,
- 2:50:48he called his He called his stuff
- 2:50:50BS. I'm not going to watch him no more.
- 2:50:53Now I'm playing. I'm playing. I'm
- 2:50:54playing. Hey, listen. You guys been
- 2:50:56watching me for three hours, so now I I
- 2:50:59can't, you know, now we cool. Now we
- 2:51:01know each other. Now we can crack some
- 2:51:03jokes, right? Like no need for formality
- 2:51:06no more. Like if I decide now to go to
- 2:51:08sleep and, you know, continue the video
- 2:51:11after I can change this shirt and I
- 2:51:13don't know, wear my pajamas or my gym
- 2:51:17clothes, right? I don't need to look
- 2:51:18like this and I don't need to have a cap
- 2:51:20on. Although my hair is very, how do you
- 2:51:23call it?
- 2:51:26What am I doing, bro? Fluffy, bro. I'm
- 2:51:28just literally tired. Anyway, anyway,
- 2:51:30anyway. Okay, Omar,
- 2:51:32[snorts]
- 2:51:33[sighs]
- 2:51:35breathe in.
- 2:51:37Breathe out. [snorts] Breathe in.
- 2:51:40Breathe out. All right, lock in. Lock
- 2:51:42in. Lock in. Lock in. People here are
- 2:51:43serious. All right, this is a very long
- 2:51:45video. It's a video that you wish people
- 2:51:48would would have made when you start
- 2:51:50trading.
- 2:51:51All right.
- 2:51:53It's a video you would have wished
- 2:51:54people would have done when you start
- 2:51:55trading. So these people who are
- 2:51:58watching this video are serious people.
- 2:52:00No one would watch a three three hours
- 2:52:03so far. No one for a fact they had to
- 2:52:05watch I don't know how many hours still
- 2:52:06cuz I haven't finished it like three,
- 2:52:08four, five hours. I don't know how many
- 2:52:09hours it's still if they weren't
- 2:52:11serious. So you got to be serious about
- 2:52:14trading Omar. All right. You can't mess
- 2:52:16around with these people.
- 2:52:19These are serious, dedicated people
- 2:52:21trying to make trading work.
- 2:52:25They might be profitable traders.
- 2:52:29They shouldn't be profitable traders if
- 2:52:31they're watching this video because if
- 2:52:33they were profitable traders, I wouldn't
- 2:52:35recommend them to jump from strategy to
- 2:52:37strategy.
- 2:52:39[snorts]
- 2:52:40But may or maybe they are. We never
- 2:52:42know. Maybe they want to expand. But I
- 2:52:43don't I'm not a big fan of that. If you
- 2:52:45have a strategy that's working out for
- 2:52:46you, you shouldn't be learning new
- 2:52:47strategies.
- 2:52:49Maybe there people who don't even have a
- 2:52:50strategy yet. Maybe there are people
- 2:52:53who's tired of ICT, SMC, supply and
- 2:52:56demand. And now we're digging into the
- 2:52:58sauce. Like literally, now we're digging
- 2:53:00into the sauce. Like now the sauce is
- 2:53:03starting to leak. Now we're doing what
- 2:53:07people will charge you thousands of
- 2:53:08dollars for. If you know, you know. Now,
- 2:53:13if you know, you know. Now we talk about
- 2:53:15some serious stuff.
- 2:53:18So, no playing around. Lock in, Omar.
- 2:53:21All right. My bad, guys. I apologize for
- 2:53:23playing around for too much. We're
- 2:53:24locked in. All right, let's get it. Now,
- 2:53:26we're going to talk about Noah candles.
- 2:53:30bro. I don't know why. Look,
- 2:53:32there's two moods, Omar.
- 2:53:3512 hours before recording and 12 hours
- 2:53:37after. Like, I've been recording for so
- 2:53:39long that my head's now, you know, I'm
- 2:53:41starting to tweak low key. So there is
- 2:53:44now we're gonna start okay seriously now
- 2:53:47we're gonna start talking about no
- 2:53:48candles. So no candles
- 2:53:51is
- 2:53:53the base of the strategy. It is the
- 2:53:54strategy. Okay. Literally the whole
- 2:53:56strategy is based upon market structure
- 2:53:59or trends and no candles. That's it. Now
- 2:54:03before we start I just want to let you
- 2:54:05know no candles don't show up often.
- 2:54:08Imagine
- 2:54:10only
- 2:54:1290 what was it? Six six around 93%.
- 2:54:17So around 7%.
- 2:54:21Only 7%
- 2:54:23of all candles
- 2:54:26are Noi candles and that's it. That's
- 2:54:28the Only 7% of all candles in
- 2:54:31history are Noi candles.
- 2:54:35Can you imagine? That's crazy, right? So
- 2:54:38we built a strategy based on 7% of the
- 2:54:42candles. That's it. And not funny
- 2:54:45enough, not all these 7% of the candles
- 2:54:47are valid trades. So not it's like okay
- 2:54:497% but not even all of them you can
- 2:54:51trade. So you're going to be trading an
- 2:54:54edge maybe I don't know maybe 1% or 1.5%
- 2:54:58of them. Maybe actually maybe 1%. So 1%
- 2:55:00of these whole candles in history are
- 2:55:02valid to trade. So a whole edge, a whole
- 2:55:06strategy is built upon 1% of candles.
- 2:55:10And now I'm going teach it to you. So
- 2:55:13[clears throat] let's get let's get into
- 2:55:15it. No candles.
- 2:55:18You have this is how a regular bullish
- 2:55:20candle will look like, right? Pretty
- 2:55:22basic bullish candle. It has a wick on
- 2:55:24the top, wick on the bottom, body looks
- 2:55:27like a normal candle. But here's how a
- 2:55:30bullish no candle would look like. A
- 2:55:33bullish focus on the word bullish. Okay.
- 2:55:35A bullish note candle would look
- 2:55:37something like this. Can you tell me
- 2:55:38what's the difference between this
- 2:55:40candle right here and this candle right
- 2:55:42here? Exactly. This candle has a wick on
- 2:55:46the bottom. This candle doesn't have a
- 2:55:48wick on the bottom. Right. That's why
- 2:55:50it's called a noick candle. Now, a
- 2:55:53bullish no candle by definition is a
- 2:55:56noick is a candle that doesn't have a
- 2:55:58wick on the bottom. Okay? If it doesn't
- 2:56:01have a wick on the top, it's fine. Like,
- 2:56:03it's not a no wick candle. Only we care
- 2:56:06about if it's a bullish candle that has
- 2:56:07no wick on the bottom. So, on the
- 2:56:10bottom, it's not allowed to have a wick.
- 2:56:14That's it. That's literally the
- 2:56:16definition of a bullish noick. Now, what
- 2:56:18does this this is in theory? What does
- 2:56:20it mean in real life? In real life, what
- 2:56:22it means? It means that this candle once
- 2:56:25it opened it went straight up without
- 2:56:28even going down. Even a little bit like
- 2:56:30it didn't even go a bit not even a tiny
- 2:56:33bit down. No, straight up it went up. So
- 2:56:37since the candle opened cuz let's say
- 2:56:38the candle before or let me draw it
- 2:56:40properly.
- 2:56:43Let's say the candle before it looks
- 2:56:44something like this,
- 2:56:48right? Boom.
- 2:56:51Once this candle opened, it opened and
- 2:56:53straight up started rocketing upside to
- 2:56:55the to the top, you know, like up or
- 2:56:57even if this was bearish, it doesn't
- 2:56:59matter. Doesn't really matter. Like,
- 2:57:01let's say this candle looks something
- 2:57:02like this.
- 2:57:06Uh, let's let's give it a wig so you
- 2:57:07guys don't get confused. Boom.
- 2:57:14After this candle opened, it directly
- 2:57:16started going up. Imagine. So, what are
- 2:57:19the odds of this? like it since it
- 2:57:21opened and it closed, it just went up.
- 2:57:23It didn't go down even a little bit. So
- 2:57:26that's what a no candle is. For some
- 2:57:29reason, price decided to go up directly.
- 2:57:32And usually it's market makers who do
- 2:57:34this because think about it,
- 2:57:38how how much money do they have to put
- 2:57:40in the market for a candle to push
- 2:57:43immediately upwards without even going
- 2:57:45down even a little bit? retail traders
- 2:57:47like me and you, we can't do that
- 2:57:49because you need billions, literally
- 2:57:50billions of dollars to make a candle go
- 2:57:53up immediately or not a candle. They're
- 2:57:55not focusing on the candles. They focus
- 2:57:57on the price to push the price
- 2:57:58immediately up. They need billions to be
- 2:58:01to be able to do so. So that's what a
- 2:58:04bullish candle is. A candle that open
- 2:58:06and directly start going up without even
- 2:58:08going down a little bit. Now, do you
- 2:58:10care about all of that what I just said?
- 2:58:11No. All you care about is a bullish
- 2:58:13candle is a candle that has no bottom
- 2:58:15wick. Okay. Now, why is it so powerful?
- 2:58:18You also don't need to know the why, but
- 2:58:20some people are just genuinely curious.
- 2:58:22And I will tell you why.
- 2:58:25Price in general, even even when we're
- 2:58:28doing a trend, right? Usually after a
- 2:58:30high, what does the price do? Creates a
- 2:58:32higher low, and then a higher high. And
- 2:58:33then what does it do? Creates a higher
- 2:58:35low, then a higher high. Then what does
- 2:58:36it do? Creates a higher low, then a
- 2:58:37higher high. Why? Because the price
- 2:58:39likes to balance itself. That's how the
- 2:58:42markets works. It keeps balance it
- 2:58:45balancing itself over and over and over
- 2:58:48and over again. The price just keeps
- 2:58:49balancing balancing balancing and then
- 2:58:52even when it shifts start balancing
- 2:58:54balancing balancing balancing and then
- 2:58:55it shifts and then it keeps balancing
- 2:58:57balancing balancing and so on. But you
- 2:58:59never see the market just doing this.
- 2:59:01Right? It wouldn't make sense for the
- 2:59:03market to keep just doing this otherwise
- 2:59:05everyone will have kept buying every
- 2:59:06single day. Correct? The same concept
- 2:59:09with a bullish noick.
- 2:59:11When price decided to push up in one
- 2:59:13direction, what do we expect price to
- 2:59:15do? We expect price to come back down to
- 2:59:18the noic, right? It doesn't have to, but
- 2:59:21most of the time or not even not even
- 2:59:22most of the time, but and it is most of
- 2:59:24the time because technically most of the
- 2:59:27time is more than 50% of the time. Let's
- 2:59:30say a lot of the time price comes back
- 2:59:32to the NOIC. Okay? And usually when
- 2:59:34price comes back to the NOIC, it just
- 2:59:37pushes from there. Now you might be like
- 2:59:39asking why? Because this noi candle
- 2:59:44is an imbalance in the market.
- 2:59:48Okay? So it's an imbalance in the
- 2:59:50market. And as I said earlier, the
- 2:59:53market tends to balance itself over and
- 2:59:55over again. So here once it balances
- 2:59:58itself, it says, "Okay, cool guys, we
- 3:00:00balance the price. Now we're good to
- 3:00:02go." It's same concept as the uptrend.
- 3:00:04After create a higher low, okay, we
- 3:00:05balance the price, now we're good to go
- 3:00:06up. Okay, we balance the price. Okay,
- 3:00:09cool. Now we're good to go up. We
- 3:00:10balance the price. Okay, cool. Now we
- 3:00:12get to go up. Now sometimes we balance
- 3:00:14the price. Oh no, we're going to fail.
- 3:00:16And then it goes down, right? Same
- 3:00:18concept with a bullish snowick. We
- 3:00:20balance the price, now we're going to go
- 3:00:22up. Most probably we balance the price,
- 3:00:25we're going to go up. And that's
- 3:00:26literally
- 3:00:28like most of the entry model, most of
- 3:00:31the strategy is based off of what I just
- 3:00:32told you cuz literally that's what we
- 3:00:34do. Once we price the no tap the noic,
- 3:00:35we buy. But obviously there's other
- 3:00:37confluences that we got to be talking
- 3:00:39about now, okay? Or later. So, and then
- 3:00:43sometimes we expect it to do this, but
- 3:00:45instead it does this and this and that
- 3:00:47would be hits. That would be our stop
- 3:00:48loss. You know what I mean? But don't
- 3:00:50worry, we're going to talk about all of
- 3:00:51that soon.
- 3:00:54So,
- 3:00:55that's it. A noi candle is pretty much
- 3:00:58an imbalance candle that once we expect
- 3:01:02price to fill the imbalance, it's going
- 3:01:04to react off it. All right. Now, same
- 3:01:07concept for the bearish candle. A
- 3:01:10regular bearish candle looks something
- 3:01:11like this. A wick, a wick, and a body.
- 3:01:15Now, what's the difference between this
- 3:01:17bearish candle and a bearish noi candle?
- 3:01:19Well, it's obvious. A regular bar a
- 3:01:22regular bearish candle has a wick on the
- 3:01:25top, while a bearish noic candle doesn't
- 3:01:28have a wick on the top. Right now, same
- 3:01:30concept. You remember how I said a
- 3:01:32bullish no candle shouldn't have a wick
- 3:01:34on the bottom? A bearish noey candle
- 3:01:37shouldn't have a wick on the top. That's
- 3:01:39it. So like if it doesn't have a wick on
- 3:01:42the bottom, I don't care about that. We
- 3:01:44care about a bearish candle should have
- 3:01:45a wick on the top. And don't worry, the
- 3:01:48indicator, this indicator is going to be
- 3:01:49completely for free. It's gonna show you
- 3:01:51where the no candles are. So this I'm
- 3:01:54going give it to you. It's completely
- 3:01:55for free and I'm g show it to you soon.
- 3:01:58Don't worry. I'll give you the free ind
- 3:02:00indicator for this. So,
- 3:02:04same concept here. What do we expect
- 3:02:06when we fill the no wick or the
- 3:02:09imbalance? Price to reject. It's the
- 3:02:11same concept as when we in a downtrend,
- 3:02:13right? We have a high low, lower high.
- 3:02:15Now, we expect a lower low. High low,
- 3:02:18lower high, lower low, lower high, lower
- 3:02:20low, lower high, lower low. And then
- 3:02:22sometimes we fail. Yes. Correct. Same
- 3:02:24concept with the NOIC. It's an
- 3:02:25imbalance. price after the no candle
- 3:02:28opened. It started pushing down straight
- 3:02:30up. It didn't even joke around. It
- 3:02:32didn't play around. No, straight up
- 3:02:34started pushing down. And when that
- 3:02:36happened,
- 3:02:37price got to balance itself cuz why?
- 3:02:39Because the market is always balanced.
- 3:02:41It has to balance itself. So once it
- 3:02:44balanced itself here, we can expect
- 3:02:46price to reject from it. So that's why
- 3:02:49this some people or no actually no one
- 3:02:52does call call it that but I like to
- 3:02:55call it sometimes imbalance candles
- 3:02:57instead of no candles. You could hear me
- 3:02:58saying imbalance candles. Now I almost
- 3:03:00never say it but like it is an imbalance
- 3:03:02candle. So for some reason the market
- 3:03:05makers push the price directly
- 3:03:08downwards. And I'm telling you market
- 3:03:10makers not just make sound fancy or
- 3:03:12anything. It's just realistically
- 3:03:14speaking for price to move down without
- 3:03:17even going even a little bit like not
- 3:03:19even a tiny bit up because like even if
- 3:03:21the wick is this small it doesn't count
- 3:03:23as a no candle. All right. Like even if
- 3:03:25it's super super super tiny it doesn't
- 3:03:27count as a noick. No. A no candle has to
- 3:03:30be completely no like not even a tiny
- 3:03:33wick. So for the price to actually have
- 3:03:35a noick and push completely in one
- 3:03:38direction that means big ballers, market
- 3:03:41makers, banks, I don't know who push the
- 3:03:43price in one direction and that's it. So
- 3:03:48that's that's what a no candle is pretty
- 3:03:50much. To sum it up, a bullish noey
- 3:03:53candle is a candle with no bottom wick
- 3:03:54and then a bearish candle bearish no
- 3:03:57candle is a candle with no top wick. The
- 3:03:59reason why they're so powerful is
- 3:04:01because they're imbalanced
- 3:04:03candles. And then once price tends to
- 3:04:06balance these candles, price usually
- 3:04:08tends to reject from there. Now, this is
- 3:04:12how I drew it. Now, let's see it in real
- 3:04:13life. So, first thing I want you to do
- 3:04:15in order to actually be able cuz that's
- 3:04:17how the charts is looking for you. Right
- 3:04:19now, first thing I want you to do to
- 3:04:21actually be able to spot the Noic
- 3:04:22candles is just write Omar Noek,
- 3:04:24literally my name on Trading View, and
- 3:04:26you're going to find it. All right? is
- 3:04:28completely for free. The indicator is
- 3:04:30free of charge. This indicator is free
- 3:04:32of charge. You can see it doesn't show
- 3:04:34the market structure, but it's going to
- 3:04:36show you a lot of stuff. Okay, let me
- 3:04:37just delete it because I have mine with
- 3:04:40better better colors. I made it more,
- 3:04:42you know, beautiful. So, this is the
- 3:04:45indicator Omar Noek. Don't worry about
- 3:04:48the mark structure is the one we talked
- 3:04:49about earlier that I told you about.
- 3:04:51That's only exclusive for my community.
- 3:04:53But this is the one with
- 3:04:57what is it called? Without the market
- 3:04:59structure. Okay.
- 3:05:01So
- 3:05:03before I tell you about all the other
- 3:05:04features that this indicator has, we now
- 3:05:06we're going to focus about the NOX
- 3:05:08itself. Okay. Cuz look, let me find
- 3:05:12here. Let's see. Let's say this candle.
- 3:05:14You see, can you see this candle right
- 3:05:16here?
- 3:05:17If you're looking at it right now, what
- 3:05:19would you say? Would you say this is a
- 3:05:20bullish noic or no?
- 3:05:24You probably would, right? Because think
- 3:05:26about it. Like look, I mean, even I'm
- 3:05:28looking at it right now. I would say
- 3:05:30it's a bullish noick, right? It's a
- 3:05:31candle, bullish candle with no bottom
- 3:05:34wick. All right, let's zoom in. Would
- 3:05:36you say it's a bullish noick? Yes, you
- 3:05:39would, right? I mean, has no wick,
- 3:05:41right? All right, cool. Let's zoom in
- 3:05:44more. Would you say it's a bullish
- 3:05:46noick? I mean, yeah, Omar, what's your
- 3:05:49point? Yes, it is. Okay. But why is the
- 3:05:52indicator not showing?
- 3:05:54Is it a glitch? I don't think so. Let's
- 3:05:56zoom in more and more and more and more.
- 3:06:00Oh
- 3:06:02It does have a wick. You see this tiny
- 3:06:04tiny wick?
- 3:06:06Super tiny wick
- 3:06:09is the exact same. This is the exact
- 3:06:11same candle when we were looking here.
- 3:06:14We saw it as a bullish noick and we
- 3:06:16weren't weren't able to see it, right?
- 3:06:18This is the exact same candle. You see
- 3:06:20when we were too zoomed out we saw it as
- 3:06:22a bullish no we saw as a bullish no
- 3:06:24wick. Now when we zoomed in you're
- 3:06:26saying ohmar it does have a small wick
- 3:06:29and obviously we're not going to be
- 3:06:31zooming in on every single candle that
- 3:06:33we see right because otherwise we we're
- 3:06:35going to spend the whole day just
- 3:06:36zooming in into every single candle. It
- 3:06:38doesn't make sense right that's exactly
- 3:06:40why we have this indicator. Actually
- 3:06:42funny enough I didn't give credit one of
- 3:06:44my students who who made this indicator.
- 3:06:47It wasn't even me. one of my students
- 3:06:48who did this indicator for us. So, shout
- 3:06:51out to you. But um I call we call him
- 3:06:53Mashaki in uh
- 3:06:57in Discord. Anyway,
- 3:07:00that's exactly why you got to use the
- 3:07:02indicator. And as I said, it's
- 3:07:03completely for free. So, don't try to
- 3:07:05spot the noix by yourself. Otherwise,
- 3:07:07you're going to be, you know, you're
- 3:07:08going to see candles as no when in
- 3:07:10reality they are a no they aren't. Or
- 3:07:13like this one. This one might seem like
- 3:07:15a noic candle, but when you zoom in and
- 3:07:18zoom in and zoom in and zoom in and zoom
- 3:07:21in, you're going to see, oh, it does
- 3:07:23have a noick. It does have a wick.
- 3:07:25Sorry. So, having this indicator, Omar,
- 3:07:28no, is just going to save you time. So,
- 3:07:30the main job of this indicator is to
- 3:07:32show you two type of candles. Either
- 3:07:35bullish candles like this one with no
- 3:07:39bottom wick. You see, it doesn't have
- 3:07:40any wick on the bottom. And you might be
- 3:07:43like, "Oh, okay. Omar, zoom in." I'm
- 3:07:45gonna tell you, "All right, sailors,
- 3:07:46this candle, right?" Boom.
- 3:07:49Let's zoom in. Let's zoom in. Let's zoom
- 3:07:51in.
- 3:07:52Here you go. I I could keep zooming in
- 3:07:54until tomorrow and it's still going to
- 3:07:58be a noick. You see,
- 3:08:01because there is a noick. So, I could
- 3:08:04keep zooming until tomorrow and it's
- 3:08:06still going to be a no candle. All
- 3:08:08right. So, the indicator is 100%
- 3:08:10accurate for this. So
- 3:08:14yeah, it job is to show you two type of
- 3:08:15candles. Either bullish candles with no
- 3:08:17bottom wick or bearish candles with no
- 3:08:19topic. Obviously, you could change the
- 3:08:20colors and all of that. So yeah, that's
- 3:08:23how simple it is to spot a no candle.
- 3:08:26You will find pre nos pretty often. Now,
- 3:08:30obviously, not all nos are valid. And
- 3:08:31that's when what we're going to talk
- 3:08:33about next on how to be able to spot a
- 3:08:36valid no from not a valid no because
- 3:08:40there's many factors you got to take
- 3:08:42into consideration. Not like, oh, okay,
- 3:08:43no, price taps. Okay, now it's going to
- 3:08:45pump. Or, oh, no, price taps, now it's
- 3:08:47going to dump. No, we got to trade it
- 3:08:48with a trend and we have a set of rules.
- 3:08:51But like, if you're curious, I'm going
- 3:08:52to give you a small sneak sneak sneak
- 3:08:54peek. [laughter]
- 3:08:55This would be a valid trade. for example
- 3:08:57you see because as I said we have to
- 3:08:59trade it with the trend so you can see
- 3:09:01okay boom we're in an uptrend then we
- 3:09:04got a bullish noick you see price tapped
- 3:09:06it that's when you would have entered
- 3:09:07your B the buy for example stop loss at
- 3:09:10the low and TPU
- 3:09:13I don't know we'll talk about it I want
- 3:09:14to leak the whole sauce now so you don't
- 3:09:16guys like oh that's it you see and would
- 3:09:19have played out amazingly but anyway
- 3:09:22we're going to talk about it later now I
- 3:09:24just want to make sure that you guys
- 3:09:25understood what is a noic?
- 3:09:28uh how it's going to look like. You
- 3:09:29know, now you know what a noic candle
- 3:09:31is, right? And you're gonna see you're
- 3:09:33gonna be surprised how nice it works
- 3:09:35out. You see uptrend bullish no price
- 3:09:37stopped it and then it start pumping. So
- 3:09:41cool. This is the main job of this
- 3:09:44indicator and now you know what a noic
- 3:09:46candle is. Now there is other features
- 3:09:48that you can benefit from this indicator
- 3:09:50from the Omar Noic indicator such as
- 3:09:54if you're a forex trader you can have
- 3:09:56this risk dashboard to calculate your
- 3:09:58loss size. Um you can also have this win
- 3:10:02rate dashboard in order to be able to
- 3:10:03calculate you know how many wins how
- 3:10:05many losses you took. You can like it
- 3:10:07does it by by itself for you. You know
- 3:10:10it shows you the win rate and so on. And
- 3:10:13then you can also add
- 3:10:16um or not you you should actually it has
- 3:10:19it in default this no trading zone which
- 3:10:22are hours we I don't trade and not I
- 3:10:26don't trade the strategy doesn't work as
- 3:10:28well in these hours plus if you're
- 3:10:30trading prop firms usually the market
- 3:10:33the prop firms don't allow you to trade
- 3:10:34during these hours the no trading zone
- 3:10:36that's why it's also there and in
- 3:10:38general the price action is usually not
- 3:10:40good there you know like the trend is
- 3:10:42most of the time It's just consolidating
- 3:10:43in that area. You can see here, you can
- 3:10:46see here.
- 3:10:48Okay, here was actually good. But you
- 3:10:51get the point. And we'll also show you,
- 3:10:53you know, remember how I was telling you
- 3:10:54about the sessions.
- 3:10:56There's London, Asia, New York, and all
- 3:10:58of that. You don't have to go and do it
- 3:11:00on baby pips. Instead, you can have it
- 3:11:03here where it's going to show you the
- 3:11:05sessions as well. And here, if you want,
- 3:11:07you can change the noic triangles, you
- 3:11:10know, the bullish or bearish. So you
- 3:11:11could change the colors if you want or
- 3:11:13the size of the noic the arrow like I
- 3:11:17have it as small. You can have it as
- 3:11:18normal. It would look like this. I just
- 3:11:20prefer as small. So yeah, there is a lot
- 3:11:23of good nice features for this. So feel
- 3:11:26free or not feel free, you have to
- 3:11:27actually use the indicator. Uh I don't
- 3:11:30benefit anything if you use it or if you
- 3:11:32don't. Just so you know it's completely
- 3:11:34for free. I don't get paid neither from
- 3:11:36you, neither from Trading View, from no
- 3:11:37one. I don't get paid for this. I just
- 3:11:39did it as a gift for you. And I know I
- 3:11:42could be charging money for it, but I
- 3:11:44don't want because realistically
- 3:11:46speaking, if you guys would buy it, you
- 3:11:48guys would pay me like, I don't know,
- 3:11:49$50 for it. If I sell it for, I don't
- 3:11:52know, 100 people, that's like what
- 3:11:57five
- 3:11:595,000. That's okay. Like for some people
- 3:12:01that's a lot of money, but for me it's
- 3:12:03like not that crazy. So I would rather
- 3:12:05you donate that money to someone
- 3:12:06instead. Right? That's why I'm because a
- 3:12:09lot of people ask me, "Yo, Omar, this
- 3:12:10indicator is sick. Like, it has the note
- 3:12:12trading zone, it has the sessions, it
- 3:12:14has the NOX, it has the lot size
- 3:12:16calculator, it has the dashboard, it has
- 3:12:18all of that. Why did you choose sell
- 3:12:20it?" I'm like, "Bro, I'm good." Like,
- 3:12:22that $5,000 I would make in one trade.
- 3:12:25So, I'm good. Like, humbly, of course.
- 3:12:26Please don't get me wrong. Like, I don't
- 3:12:27want to show like, oh, I make this much
- 3:12:29each trade. No, it's not. That's not my
- 3:12:32point. My point is, it's not going to be
- 3:12:37life-changing money for me. But for some
- 3:12:39people, this $50, someone who's in a
- 3:12:41third world country would struggle to
- 3:12:43pay it, and they wouldn't be able to use
- 3:12:44the strategy if they don't have this
- 3:12:47indicator, right? That's why I'm like,
- 3:12:49you know what? I don't want to charge
- 3:12:51anyone for this. It's cool. I don't want
- 3:12:53to, you know, just for my own benefit
- 3:12:56hurt some other people, especially that
- 3:12:59I'm now like I'm talking about it now.
- 3:13:00Why wouldn't I talk about it earlier if
- 3:13:02so? You know what I mean? Like why would
- 3:13:04I let someone watch this long and now I
- 3:13:06tell them, "Oh, by the way, you have to
- 3:13:07pay $50 in order to be able to get this
- 3:13:09indicator. Otherwise, you're not going
- 3:13:10to be able to use my strategy." That
- 3:13:12wouldn't make sense. So, yeah, it's
- 3:13:14completely for free. If you I'm going to
- 3:13:16give you two ways to actually give me a
- 3:13:18gift or thank me. Let's say thank me. I
- 3:13:20don't like gifts. First one, if you
- 3:13:23actually able to pay that $50, go and
- 3:13:25donate it for someone and then that
- 3:13:27donation as if you donated it from me.
- 3:13:30So I would, you know, I would appreciate
- 3:13:33that we're doing good for human beings
- 3:13:36and that or for the poor people.
- 3:13:39Second way, just leave a like and
- 3:13:42subscribe for this channel. That would
- 3:13:43actually help me grow on YouTube and
- 3:13:45that would mean a lot to me. So that's
- 3:13:48it. And if you don't do it, it's fine.
- 3:13:50All right? Like you're don't feel forced
- 3:13:52to do it. It's completely fine. Like I
- 3:13:55don't want you, you know, if you don't
- 3:13:56feel like you want to do it, it's
- 3:13:58completely fine. you. If you're feeling
- 3:14:00forced to do it, don't do it. Okay? Now,
- 3:14:03let's keep going with the video.
- 3:14:07Now, we're not going to be sitting here
- 3:14:11every day and
- 3:14:14wait for what is it called these no
- 3:14:17candles to show up, right? Like imagy
- 3:14:22candles. You don't really have to be on
- 3:14:24the charts and wait for them to show up
- 3:14:26like like for example here um let's say
- 3:14:30I want to take this trade
- 3:14:34actually that would be really good trade
- 3:14:35let's say I want to take this trade I
- 3:14:37don't really have to sit and then wait
- 3:14:40for price and then for this no candle
- 3:14:42because imagine I have to wait through
- 3:14:43all of this time for this no to show up
- 3:14:45no I don't have to do it there's a way
- 3:14:48where you set alerts so that you get a
- 3:14:51notification on your phone whenever a
- 3:14:52knowic candle shows up. So whenever this
- 3:14:55candle shows up, you're going to be
- 3:14:58getting a notification. And now I'm
- 3:15:00going to teach you how to do that. And
- 3:15:02we call it alerts. Okay. So this
- 3:15:04indicator, the noic indicator is
- 3:15:06designed in a way that you can set an
- 3:15:09alert and that alert will give you a
- 3:15:11notification
- 3:15:12so that you can see okay a noic candle
- 3:15:14showed up. And the best part is, I don't
- 3:15:16know, you could be at work. You could do
- 3:15:18be doing whatever you're doing and then
- 3:15:20you would just get a
- 3:15:24notification. You would go check it out
- 3:15:27and you will see that, oh, there is a
- 3:15:29noick right here. And then takes you two
- 3:15:33seconds. You would look at it. You would
- 3:15:34say, "Okay, this is a valid no. Let me
- 3:15:36enter the trade." Or, "This is not a
- 3:15:38valid noick." And then you close your
- 3:15:39phone. Now, how do you set the alerts?
- 3:15:42I'm going to teach you right now. So for
- 3:15:43you to set the alert you have to do
- 3:15:45this. First thing let me just close
- 3:15:48this. First thing you have to do is
- 3:15:51press on you add the indicator obviously
- 3:15:53Omar Noek and then you come here to
- 3:15:55alerts. You can do it on your phone or
- 3:15:57on your laptop. Um I'm not going to
- 3:15:59record how to do it on your phone and
- 3:16:01how to do it on your laptop. I'm just
- 3:16:02going to do quickly on the laptop and
- 3:16:04then if you want to do it on the phone
- 3:16:06you're going to discover it. It's pretty
- 3:16:07pretty much the same. Uh or you could do
- 3:16:10it on your laptop. And by the way
- 3:16:11they're connected. So, you're going to
- 3:16:12find it on your phone as well. So, you
- 3:16:14press on this clock right here, alerts,
- 3:16:17and then you press on create alert.
- 3:16:19Okay.
- 3:16:22Okay, never mind. I'm not allowed to do
- 3:16:24it while I'm in replay mode. No problem.
- 3:16:26You press on create alert.
- 3:16:29So, first thing you do is create alert
- 3:16:32on and then you choose what you're
- 3:16:34doing. So, this is pretty much going to
- 3:16:36choose whatever charts you're on. By the
- 3:16:38way, this is for Forex and for futures.
- 3:16:40So you don't get confused. Let's say you
- 3:16:43want to do it on CAD JPY cuz as I said
- 3:16:45you can do it on I trade these forex
- 3:16:47pairs or these forex pairs and these
- 3:16:49futures uh contracts. So you have
- 3:16:52unfortunately you have to do it one by
- 3:16:54one for all of them. That's the sad part
- 3:16:56but it's going to take you like 10
- 3:16:58minutes total. So
- 3:17:01let's go again. You press on the clock
- 3:17:03create alert and then it's going to
- 3:17:05choose whichever chart you're on and
- 3:17:07then condition. Here you choose the
- 3:17:10indicator. So you press on Omar Noic.
- 3:17:13All right. First thing you choose is
- 3:17:15bullish noick arrow. It's going to show
- 3:17:16up by itself. By itself
- 3:17:20interval
- 3:17:22same as chart pretty much. And I'm going
- 3:17:24to talk about which time frame to do
- 3:17:26because it's different from Forex to
- 3:17:27futures. But like in Forex for example,
- 3:17:29it has to be the 15 minutes. So you
- 3:17:31press on the 15 minutes for example and
- 3:17:33then trigger
- 3:17:37once per bar close. So you leave
- 3:17:39everything as default
- 3:17:41but for trigger you press on once per
- 3:17:44bar close. Why? What does one once per
- 3:17:47bar close?
- 3:17:48It means once the noey candle
- 3:17:52closes, that's when you're going to get
- 3:17:54the notification because sometimes what
- 3:17:57might happen is a no candle would show
- 3:17:58up, the candle will open as a noick.
- 3:18:01Price is going up and it's still a no
- 3:18:03candle and then it's going to end up not
- 3:18:04being a noick. You know, like it flips,
- 3:18:06price pushes down and it's not a noick
- 3:18:08anymore. So why would you get a
- 3:18:09notification on that, right? We only
- 3:18:11care about no candles that close. That's
- 3:18:14why we got to do this trigger once per
- 3:18:16bar close. All right. Expiration. I
- 3:18:20don't know. Do it as far as you can. Uh
- 3:18:23won't expire.
- 3:18:25You need a different plan for that.
- 3:18:27Okay. We do it I don't know one month.
- 3:18:30All right. Cool. One month. And then the
- 3:18:32message you name it whatever you want.
- 3:18:35Alert name for example bullish.
- 3:18:37No
- 3:18:40here for example back I don't know
- 3:18:44enter
- 3:18:46a trade Omar
- 3:18:50let's make some money I don't know name
- 3:18:52it what you can write whatever you want
- 3:18:54or maybe you don't want to write
- 3:18:55anything it's up to you so you do that
- 3:18:58apply
- 3:19:00and then notification
- 3:19:03here you have notify an app pretty much
- 3:19:05this is going to just show you in the
- 3:19:06application
- 3:19:08send toast notification. This going to,
- 3:19:10you know, for the notification. If you
- 3:19:12want to have it to send you an email,
- 3:19:14you can do that as well so that you
- 3:19:15receive an email whenever you get a no.
- 3:19:18I'm not a big fan of emails. I don't
- 3:19:19check my emails that much. Plus, I don't
- 3:19:21want, you know, to get, I don't know, 20
- 3:19:2330 emails every day. So, that's why I
- 3:19:25don't have it on. And then play sound.
- 3:19:28You have so many sounds. This is the
- 3:19:30best sound in my opinion.
- 3:19:35Hey, low key. This one is creepy though
- 3:19:36cuz I had one time, listen guys, funny
- 3:19:39story. One time I had this hist and I
- 3:19:43was sleep, bro. I woke up and I was so
- 3:19:46scared, man. I was like, yo, who's
- 3:19:48talking to me? So, don't put this
- 3:19:50hapist. So, you you have a lot of, you
- 3:19:53know,
- 3:19:54>> oh,
- 3:19:54>> you have a lot of voices like it doesn't
- 3:19:57even need to be like you can have a dog
- 3:19:58barking for example. Also don't put it
- 3:20:01because it's don't put this one. Imagine
- 3:20:04you're with family and you hear someone
- 3:20:06puts you put a dog they they hear a dog
- 3:20:08barking and then like oh there is
- 3:20:10no and then you start rushing. So don't
- 3:20:12do that. Okay. Choose something like a
- 3:20:16maybe not water drop. I don't know.
- 3:20:26Okay.
- 3:20:31Yeah, this one is nice. Beep.
- 3:20:34This one is nice.
- 3:20:39This one is nice. Anyway, doesn't
- 3:20:40matter. Choose whichever you want. Okay.
- 3:20:42Go find the
- 3:20:45find the sound that you want the
- 3:20:46notification to do. And then
- 3:20:49notification schedule.
- 3:20:51You can make it, you know, 24/7 or
- 3:20:53weekdays. I mean, it doesn't matter if
- 3:20:55it's 24% or weekdays. On weekends,
- 3:20:57you're not going to get the
- 3:20:58notification. Or you can have it on
- 3:21:00standard working hours, you know, like,
- 3:21:02okay, after 12, let's say midnight, I
- 3:21:04don't want to get notifications anymore
- 3:21:06or so on. So, you make your your thing
- 3:21:09and then you press apply. Okay. So,
- 3:21:12let's go over it again. You set the
- 3:21:14create alert condition. You put the
- 3:21:16indicator here. We said bullish no same
- 3:21:19as chart open per. So pretty much you
- 3:21:22just have to change per bar closed.
- 3:21:24That's it. Like that's literally all you
- 3:21:26got to do. If you want to change the
- 3:21:27message, you can do so. Then you press
- 3:21:28on create and voila. Now we have an
- 3:21:31indicator. Now here's the catch though.
- 3:21:34This will only show you now the bullish
- 3:21:36noic candles, right? So this is just
- 3:21:38going to show you the bullish noic
- 3:21:39candles. It's not going to show you show
- 3:21:40you the bearish no candles. So for the
- 3:21:43exact same pair, you have to do the same
- 3:21:44thing again. Okay. Omar Noick. Now
- 3:21:48instead of bullish no arrow you choose
- 3:21:50bearish no arrow and then trigger
- 3:21:54once per bar close
- 3:21:56expiration you can as I said fix the
- 3:21:59date if you want message you write
- 3:22:01whatever message you want if you want to
- 3:22:03write something
- 3:22:05if you want to change the notification
- 3:22:06sound you can change it and then you
- 3:22:07press create and now you have a bullish
- 3:22:10and a bearish uh notification okay let's
- 3:22:12say I want to do it for I don't know
- 3:22:14this one same thing boom alerts Omar
- 3:22:19Noek
- 3:22:21bullish no same as chart
- 3:22:24open once per bar close you can change
- 3:22:27the time let's say you want it to be for
- 3:22:28the five minutes candles five minute noi
- 3:22:30candles
- 3:22:33that's it and then you press on create
- 3:22:34and boom you get the notifications now
- 3:22:37then you have to do the same thing again
- 3:22:41no instead of bullish it has to be
- 3:22:44bearish
- 3:22:45let's say five minutes we
- 3:22:48and then
- 3:22:52once per bar close
- 3:22:55and then create. And then you just keep
- 3:22:57doing this until you do whichever pairs
- 3:22:59you want to get notifications on. Okay.
- 3:23:01Now, this is not my main account. The
- 3:23:04this is just my YouTube account that I
- 3:23:06use. So, that's why I'm going to delete
- 3:23:08these ones.
- 3:23:11But
- 3:23:12yeah, that's it pretty much. That's how
- 3:23:13you get the alert. It's pretty easy in
- 3:23:16my opinion. It's going to save you a lot
- 3:23:17of time. So, you don't have to sit on
- 3:23:19the charts and watch actually the
- 3:23:21charts, you know, happening. Oh, this is
- 3:23:23going to be this is a good example. For
- 3:23:24example, look like this is a bullish no,
- 3:23:27right? It just opened and now you see
- 3:23:29it's not a noic anymore because now it
- 3:23:31created the bottom wick like the candle
- 3:23:32flipped. So, why would you get a
- 3:23:34notification directly? That's why I
- 3:23:36prefer to get per bar close. You know
- 3:23:38what I mean? So, you don't get spammed
- 3:23:39all the time.
- 3:23:41So that's it pretty much. Very easy,
- 3:23:45very straightforward.
- 3:23:47Um it's up to you. I have two type of
- 3:23:50people. Some type people like to put
- 3:23:52alerts so that they don't have to be on
- 3:23:55the charts at all through the whole day.
- 3:23:58Imagine that's pretty nice, you know,
- 3:23:59like you don't have to stay on the
- 3:24:00charts and wait for a no candle to show
- 3:24:02up. You just get a notification and then
- 3:24:04you start trading. Once you get that
- 3:24:06notification, you go, you press on it
- 3:24:08and you start trading the noi candles.
- 3:24:12Some people prefer, okay, no, I want to
- 3:24:14spend 30 minutes or 1 hour a day on the
- 3:24:16charts. I'm that type person. For
- 3:24:18example, some days, some days I'm not
- 3:24:20where I like to stay on the charts 1
- 3:24:22hour, 30 minutes, and then if I find a
- 3:24:24trade, I find a trade. If I don't find
- 3:24:26the trade, I don't find the trade. And
- 3:24:28yeah, so I'm going to leave it up to
- 3:24:29you. But now, let's keep moving forward.
- 3:24:32All right. So, now we're going to talk
- 3:24:33about the news. Oh my god, guys. Listen,
- 3:24:36this is so simple. I most if you've been
- 3:24:39trading for a while or not even for a
- 3:24:41while, if you've been training for one,
- 3:24:42two months, you already know about news.
- 3:24:44But I'm going teach you the secrets
- 3:24:47about news. Okay, we're not there. It's
- 3:24:48not a secret. Like you could find this
- 3:24:50information online, but most people
- 3:24:52don't talk about it because this is the
- 3:24:55boring part that no one likes to talk
- 3:24:57about and no one actually likes to
- 3:24:59listen to it, including me. like I don't
- 3:25:02like to talk about it but if you want to
- 3:25:04become a professional trader or you want
- 3:25:06to come not even professional profitable
- 3:25:08trader you need to know this
- 3:25:09information. So and that's the thing a
- 3:25:13lot of people like I never seen anyone
- 3:25:14talking about this unfortunately. So
- 3:25:16that's why I want to be talking about it
- 3:25:18cuz I want to leave you I'm not here
- 3:25:20just to teach you the strategy. We still
- 3:25:21haven't dig down into the strategy but
- 3:25:23yet I want to teach you know everything
- 3:25:26you need to learn. I don't want to you
- 3:25:27know leave you half hanging. You know
- 3:25:29what I mean? So it's very important that
- 3:25:31you actually understand this part as
- 3:25:32well. So news impacts on each other
- 3:25:36first. So now we're going to talk about
- 3:25:37news.
- 3:25:39News [sighs] is so important because I
- 3:25:42don't like to trade news but yet I'm so
- 3:25:44scared from news because their impact
- 3:25:46can literally blow your account and we
- 3:25:48don't want that to happen right that's
- 3:25:50why it's important to understand types
- 3:25:52of news like you have the impacts on
- 3:25:54each other the types of news and here
- 3:25:57I'm going to explain to you reasons to
- 3:25:58avoid trading news at all costs okay so
- 3:26:01news impacts on each other
- 3:26:04sometimes first let me just explain to
- 3:26:06you briefly what is news there is Let's
- 3:26:09say, okay, today is the election days
- 3:26:12and then today is the election day. I
- 3:26:14don't know, they're going to choose
- 3:26:15who's going to be the president of the
- 3:26:17USA. So, they put news. Okay, today
- 3:26:19they're going to show us the
- 3:26:21unemployment claims. How many people in
- 3:26:22the US in June became unemployed? That's
- 3:26:26in news. Okay, today we're going to show
- 3:26:28you the inflation rate. How much did the
- 3:26:31inflation rate in 2025 go up or down?
- 3:26:34This is called news. And usually these
- 3:26:36news have high impact. So they changed
- 3:26:39the market the the minute they drop the
- 3:26:41news the market might pump or dump but
- 3:26:44like crazy you know like so we want to
- 3:26:47be careful we don't want to be trading
- 3:26:49during news okay so I'm going to give
- 3:26:51you some tricks on how to avoid trading
- 3:26:53news and when should you stop trading
- 3:26:56before news when are you allowed to
- 3:26:57trade after news what type of news are
- 3:26:59important what type of news are not
- 3:27:01important on forex on futures where can
- 3:27:04you actually find this news uh how to
- 3:27:06spot them and pretty much everything you
- 3:27:09need to know. So news impact on each
- 3:27:13other. Whenever you have a USD news, so
- 3:27:17news related to USD, the USD currency,
- 3:27:21this affects all currency pairs. Okay?
- 3:27:24So USD news affects all currency pairs.
- 3:27:28So if you see
- 3:27:31news on the USD, you're not allowed to
- 3:27:34trade any of the other currency pairs
- 3:27:36either. For example, USD news affects
- 3:27:40Euro, GBP, JPY,
- 3:27:44CH, CHF, uh, AUD, all the currency
- 3:27:48pairs, no exceptions. So USD, whenever
- 3:27:51it's USD news, avoid trading all the
- 3:27:55other currency pairs.
- 3:27:57European news affects mostly European
- 3:28:00pairs. So whenever we have a European
- 3:28:02news, it affects mostly European
- 3:28:04currency pairs. For example, Euro news
- 3:28:08affects mostly Euro but can affect GBP
- 3:28:11for example. So if we have news on
- 3:28:14Europe, that means it's going to affect
- 3:28:16GBP because both of them are in Europe,
- 3:28:18right? Same concept vice versa. If we
- 3:28:21have a GBP news, this could affect
- 3:28:24Europe. Now, Asian news affects mostly
- 3:28:28Asian pairs. So, for example, if we see
- 3:28:30JPY news, this affects mostly JPY, but
- 3:28:36it can affect AD. Now, there is no
- 3:28:38guarantee it's going to do it, but there
- 3:28:40is a chance, and I don't like to take my
- 3:28:42chances on when the cost is going to be
- 3:28:44my money, right? So, that's why I would
- 3:28:46just avoid trading all the Asian pairs.
- 3:28:49So if we have sum it up USD news avoid
- 3:28:52trading USD and everything. If you have
- 3:28:55European news such as Euro GBP avoid
- 3:28:58trading all European pairs. If you have
- 3:29:02Asian news try to avoid avoid trading
- 3:29:05all the Asian pairs. Now for futures we
- 3:29:11only care about USD news. Like G Euro
- 3:29:13news wouldn't affect futures. Okay. Um
- 3:29:17Asian news wouldn't affect futures. So
- 3:29:19if you're a futures trader, you have to
- 3:29:21only care about
- 3:29:25US news.
- 3:29:28Obviously, it depends on what you're
- 3:29:29trading in futures as well. But I'm
- 3:29:31talking if you're trading futures such
- 3:29:33as
- 3:29:35uh NASDAQ or like ENQ or ES, S&P 500,
- 3:29:39these ones, oil, gold, these ones are
- 3:29:42affected only by USD news. Now, if
- 3:29:44you're trading something like, I don't
- 3:29:45know, the what is it called the German
- 3:29:47thing, then obviously European news
- 3:29:49would affect. By the way, I trade
- 3:29:51futures. I only care about the USD news.
- 3:29:54Okay, we're going to talk about it more
- 3:29:55in depth. Just give me a second. But for
- 3:29:58now, that's what you care about. If
- 3:29:59you're a futures trader, just focus on
- 3:30:01USD news and don't care about the other
- 3:30:03stuff.
- 3:30:05Now, there is four types of news or not
- 3:30:08types there. I don't it's not really
- 3:30:10types. I wrote it types, but it's not
- 3:30:12really types. But when you check on the
- 3:30:14Forex factory which is the website I'm
- 3:30:15going to show you right now there is
- 3:30:18let's call it types for now. There's
- 3:30:20four types of news. You have high impact
- 3:30:22news. That means whenever the folder is
- 3:30:25going to drop or whenever the news are
- 3:30:27going to drop it's going to do high
- 3:30:29impact on the market. These are usually
- 3:30:31marked as red folders. Okay remember
- 3:30:34high impact red folder. If they're
- 3:30:37medium impact that means sometimes they
- 3:30:38can be strong sometimes they're not.
- 3:30:40They're orange folders. Then you have
- 3:30:42low impact. These usually most of the
- 3:30:44time don't do anything. Sometimes they
- 3:30:46surprise you and do some big stuff, but
- 3:30:48most of the time they don't. These are
- 3:30:50yellow folder. And then you have flash
- 3:30:52news. Flash news unfortunately we can't
- 3:30:56do anything about it. Flash news is when
- 3:30:58there is news that weren't expected to
- 3:31:00happen and they just happen randomly.
- 3:31:02Such as very common if Trump, for
- 3:31:05example, makes a tweet on, you know, on
- 3:31:07Twitter and he says something like, "Oh,
- 3:31:10we're going to do this and that. I don't
- 3:31:11want to get into politics but he says
- 3:31:13something you know crazy tweet and he
- 3:31:15says something political then you will
- 3:31:19see impact on the markets and that's
- 3:31:22something unpredictable because no one
- 3:31:23knew that Trump would for example
- 3:31:26post these news during this time and so
- 3:31:29on. So that would be called flash news
- 3:31:31and that's unfortunately something we
- 3:31:33can't control. All right now where do
- 3:31:36you find these red folders, orange
- 3:31:37folders and yellow folders because now
- 3:31:39you know okay if it's a red folder that
- 3:31:42means it's going to do high impact. We
- 3:31:44want to be far from that. I care about
- 3:31:46only red folders by the way. I only care
- 3:31:49in trading about the red folder. I don't
- 3:31:51care if it's a orange folder or yellow
- 3:31:53folder and flash news as I said we can't
- 3:31:55predict it. We don't know it's going to
- 3:31:56happen. So me orange folders, I don't
- 3:31:59care about them. Medium impact, I don't
- 3:32:01really care. Low impact, yellow folder,
- 3:32:03they generally don't mean anything to
- 3:32:05me. Only thing I care about is high
- 3:32:07impact red folders. So whenever I see a
- 3:32:09red folder, high impact news, I don't
- 3:32:12want to be trading during these hours.
- 3:32:14Okay?
- 3:32:16So how do we spot these folders? Now I'm
- 3:32:20going to tell you,
- 3:32:22you come here, you write
- 3:32:24forexfactory.com. That's all you got to
- 3:32:26do. And that's where it's going to show
- 3:32:28you the news. Now, you can change it
- 3:32:30into your time zone here. You can just
- 3:32:33change it to your time zone. I wrote to
- 3:32:35just stumble randomly. And like you can
- 3:32:38just literally do this. I don't know,
- 3:32:40Ria, Sophia, whatever it is. Just
- 3:32:43sometimes you're not going to find your
- 3:32:44country and you just choose something
- 3:32:47else. Okay. Now, how do you find the
- 3:32:50news? Here you can see you have red
- 3:32:52folders, orange folders, yellow folders,
- 3:32:54gray folders, and all the currencies.
- 3:32:57Boom.
- 3:32:59So that's how the news would look like.
- 3:33:01You see, again, red folders, they're
- 3:33:05high impact. Oh, I mean, it says it
- 3:33:07actually.
- 3:33:09Funny. I didn't know this. Okay, now it
- 3:33:11doesn't want to show it anymore.
- 3:33:15All right. Red folders, they're high
- 3:33:18impact. You see high impact news
- 3:33:21expected, orange folder, medium impact
- 3:33:24expected.
- 3:33:25Yellow folder low impact expected and
- 3:33:28then gray is just non-economic such as
- 3:33:31bank holidays. That mean usually price
- 3:33:33action is going to be slow. I also don't
- 3:33:35care about it that much. So as I told
- 3:33:37you, I don't care about the yellow and
- 3:33:39the orange. So what I do is I just do
- 3:33:41this doom. I like to see this sometimes
- 3:33:45and then I press on apply. And now you
- 3:33:47see it's just going to show me the red
- 3:33:49folders in this case. Now here, if
- 3:33:53you're a futures trader, just take off
- 3:33:55everything. These ones, don't play
- 3:33:56around with them. Leave them like they
- 3:33:58are. These ones, if you're futures
- 3:34:01trader, take all of them off and just
- 3:34:03leave the USD. And it's just going to
- 3:34:05show you the USD high impact news. And
- 3:34:08it shows you what time it's going to
- 3:34:10drop. So it's here. is telling me, okay,
- 3:34:13at August 7, 3:30 p.m. USD news are
- 3:34:17going to drop and it's going to be high
- 3:34:18impact. So, here I'm not going to be
- 3:34:21trading and I'm going tell you when to
- 3:34:23avoid. So, you know, it's at 3:30
- 3:34:26high impact news are going to drop. So,
- 3:34:28most probably high impact in the market
- 3:34:31is going to happen.
- 3:34:33Now, if you are a forex trader, leave
- 3:34:35the pairs that you care about. So, for
- 3:34:37example, I trade USD. Okay, I'm going
- 3:34:39check that. I trade JPY. I'mma check
- 3:34:41that. GBP, Euro. I don't trade NZD, for
- 3:34:44example. I'm not going to check that. I
- 3:34:46don't trade CNY. I'm not going to check
- 3:34:47that. CHF, I traded. CAD, I traded AD, I
- 3:34:50traded. Okay. Apply filter. And now,
- 3:34:52it's going to show me the red folders
- 3:34:55for the ones I chose. Okay. So, it's
- 3:34:57going to show me the news for CAD, for
- 3:34:59USD, and so on. And here you can have a
- 3:35:01filter from which day to which date. So,
- 3:35:03let's say I'm going to have it in the
- 3:35:04future. Boom. Okay. Okay, now it's going
- 3:35:07to show me for this week. Today is
- 3:35:09Monday. It's going to show me that
- 3:35:12today, for example, there is no news.
- 3:35:14That's great. Tomorrow is going to be
- 3:35:16AUD news at 7:30 a.m. 8:30 a.m. and so
- 3:35:20on. Okay. Wednesday is going to be 3:30
- 3:35:23p.m. and it's going to be USD.
- 3:35:27Thursday is going to be at 9:00 a.m. GBP
- 3:35:29and then 3:30 is going to be UD
- 3:35:34and so on. So, it's just pretty much
- 3:35:36going to show you what time the news are
- 3:35:39going to drop. And these are usually
- 3:35:40accurate news. Okay?
- 3:35:43And they're accurate pretty much with
- 3:35:44the timing and all of that. So, how to
- 3:35:46avoid trading news. All right? So, we're
- 3:35:49going to do this example as if it's 3
- 3:35:51p.m. Doesn't matter which time zone.
- 3:35:54Let's say it's your time zone, you know,
- 3:35:55like at the end of the day when you're
- 3:35:56going to do it on Forex Factory, it's
- 3:35:58going to be in your time zone. So, we're
- 3:36:00going to do now how to avoid news. And
- 3:36:03the example is if it's 3 pm your time. I
- 3:36:06chose this time just randomly just so
- 3:36:07you know when I'm explaining this, it's
- 3:36:10going to be in your time zone, okay? Or
- 3:36:12like according as if it was 3 p.m. cuz
- 3:36:14there is like some days the news might
- 3:36:16be at 3 p.m. 1:00 p.m. 12:00 a.m. You
- 3:36:19know, you're going to always see it and
- 3:36:21it depends on your time zone. So it's
- 3:36:23almost impossible to choose actual real
- 3:36:25time. So I just chose this random
- 3:36:27example. Okay. Close any running trade
- 3:36:2915 minutes before news. So, and by the
- 3:36:31way, we're talking only about high
- 3:36:33impact news, okay? We're not talking
- 3:36:34about orange folders. We're not talking
- 3:36:35about yellow folders. We're talking only
- 3:36:37about red folders. So, if we see, okay,
- 3:36:41today at 300 p.m. your time zone, there
- 3:36:45is a red folder or high impact news. If
- 3:36:49you're in a trade, let's say from, I
- 3:36:50don't know, let's say 1:00 p.m. and now
- 3:36:53it's 2:45,
- 3:36:5515 minutes before news, you have to
- 3:36:57close the trade regardless if you are in
- 3:36:59profit or in draw down. So, close any
- 3:37:02running trade, aka when I say running
- 3:37:04trade, that means a trade that you took
- 3:37:0615 minutes before news. Example, if
- 3:37:09you're in a trade and now it's 2:45
- 3:37:12because the news is at 3, right? Close
- 3:37:14the trade 15 minutes before news
- 3:37:18regardless if you are in profit or draw
- 3:37:21down. So if you're in profit, if you're
- 3:37:22in draw down, it doesn't matter. Close
- 3:37:25the trade directly. All right? And it's
- 3:37:28better to close the trade on some loss
- 3:37:31rather than getting involved in news.
- 3:37:34And I'm going explain to you why in a
- 3:37:35second. Second thing, you can take new
- 3:37:40trades 15 minutes after news. So after
- 3:37:42the news happen
- 3:37:4415 minutes then you can take new trades.
- 3:37:47Example if you're in a trade and now
- 3:37:49it's 3:15 you can start trading again.
- 3:37:51Now me personally sometimes I like to
- 3:37:54wait more than 15 minutes. It depends on
- 3:37:57my market experience let's call it and I
- 3:37:59see okay if the news is over or not if
- 3:38:02it's still having impact or not. But 15
- 3:38:04minutes you're in the safe zone. 30
- 3:38:06minutes you're perfect. Okay. If you
- 3:38:08could wait 30 minutes after news that
- 3:38:09would even be better. But if you know if
- 3:38:11you're feeling itchy then 15 minutes is
- 3:38:14all right most of the cases.
- 3:38:17And then avoid taking new trades one
- 3:38:19hour before news. So example at 2 p.m.
- 3:38:23if I see a trade I don't take new
- 3:38:24trades. So from 2 p.m. to 3 p.m. in this
- 3:38:27case I wouldn't take any new trades.
- 3:38:28Why? Because I don't want to be forced
- 3:38:30to close the trade. Because think about
- 3:38:31it if you take the trade at 2 p.m. and
- 3:38:34you have to close 15 minutes before news
- 3:38:36technically you only got from 2 to 2:45.
- 3:38:39So you got 45 minutes for the trade to
- 3:38:41play out. I don't want to be forced to
- 3:38:42close the trade. You know, that's why I
- 3:38:45try to avoid trading 1 hour before news.
- 3:38:47So if it's 2:15, I don't take the trade.
- 3:38:502:30, I don't take the trade. 2:45, I
- 3:38:52don't take the trade. 3, that's the
- 3:38:55news. I don't take the trade. 3:15, I
- 3:38:57take the trade. It's fine. So avoid
- 3:38:59taking a trade 1 hour before news. So
- 3:39:01very simple. 15 minutes before news,
- 3:39:05close any trade regardless if you're in
- 3:39:07profit or in draw down. You're only
- 3:39:09allowed to take trades 15 minutes after
- 3:39:11the news is done. And then 1 hour before
- 3:39:15the news, try to avoid taking any new
- 3:39:17trades. And that should be it. All
- 3:39:19right. Now, you probably like, okay,
- 3:39:21Omar, why have you been talking for the
- 3:39:22last, I don't know, 20, 30 minutes about
- 3:39:24news? I'm going explain to you reasons
- 3:39:26to avoid trading news at all cost. So,
- 3:39:29the way news happen is like this. I
- 3:39:32don't know. Let's say
- 3:39:35we're in an uptrend. LA. I haven't
- 3:39:37talked about the NOIC strategy yet, so
- 3:39:38I'm not going to give you a NOIC
- 3:39:40example. And then boom. I'm like, okay,
- 3:39:42let's just say for some reason you
- 3:39:44decide to buy here and then you end up
- 3:39:46buying. Whoa.
- 3:39:52Let's say you buy something like this.
- 3:39:54B.
- 3:39:56And then let's say you're in a trade.
- 3:39:58Okay, cool. And then price is going your
- 3:40:01way and everything is nice. All right.
- 3:40:03Cool, cool, cool. And you're close to
- 3:40:05hitting TP and you're celebrating. Oh my
- 3:40:07god, we're going to make how much money.
- 3:40:09And then news come here. Let's say this
- 3:40:11is news. And then look what news might
- 3:40:14do. Might do something like this cuz
- 3:40:17news impact is crazy. Like in one minute
- 3:40:21price might go up, might go down. And
- 3:40:23I'm talking not about any news. I'm
- 3:40:25talking about
- 3:40:27red folder specifically. And this move
- 3:40:30right here, it's just going to break you
- 3:40:34pretty much because it's not only going
- 3:40:36to hit your stop loss and make you lose
- 3:40:37money. No, sometimes it might not read
- 3:40:39your stop loss. So, let's say you were
- 3:40:41risking $100 on this trade. So, here you
- 3:40:43said, "Okay, I'm if if I lose this
- 3:40:45trade, I'm only going to be losing minus
- 3:40:47100." Sometimes this high impact news,
- 3:40:50what does it just goes crazy from here
- 3:40:53to here that you might end up losing
- 3:40:55more than 100. the price or your account
- 3:40:58might read the loss here. So instead of
- 3:41:01losing 100,
- 3:41:03you would end up losing 300.
- 3:41:07And then you would go and text your
- 3:41:09broker or whoever you know your prop
- 3:41:10firm or whatever is like, "Oh guys, I I
- 3:41:14lost more than I risked. I I meant to
- 3:41:16risk $100 only, but for some reason I
- 3:41:19lost 300." They're going to tell you,
- 3:41:20"Yo, we don't care. It's your It's your
- 3:41:23fault.
- 3:41:25we we can't do anything about it. Why
- 3:41:26you trading news? You know what I mean?
- 3:41:28So that's why try to avoid news at all
- 3:41:30cost. Now this not always going to be
- 3:41:32the case because sometimes the news
- 3:41:34might do something like this, right?
- 3:41:35Like sometimes it might save you and
- 3:41:37then it does something like this and
- 3:41:38actually they will end up giving you
- 3:41:40more money cuz you should have made
- 3:41:42let's say I don't know here
- 3:41:4550 and they end up giving you $400.
- 3:41:50So yes, it might happen. But this is not
- 3:41:54trading then. This is just gambling.
- 3:41:56Because any person who tells you, "Oh, I
- 3:41:58can predict news." They're lying to you.
- 3:42:01Only person who can actually predict
- 3:42:02news is people with inside information,
- 3:42:04people, market makers, banks, these can
- 3:42:08predict what news are going to do. Us as
- 3:42:10normal retail traders,
- 3:42:13we cannot predict news. Okay? So, if
- 3:42:15anyone is telling you yes, they're lying
- 3:42:17to you. You need to have inside
- 3:42:18information to be able to know what's
- 3:42:19going to happen. Otherwise, they're just
- 3:42:21gambling. So, if you're watching this
- 3:42:24video and you're serious about trading,
- 3:42:26I'm assuming you're not a gambler.
- 3:42:27You're someone who's become trying to
- 3:42:30educate themselves and they don't want
- 3:42:31to be losing money. That's why don't
- 3:42:34gamble and try to avoid news at all
- 3:42:36costs. Okay? Like this is a a big big
- 3:42:40big big rule that I have. No trading
- 3:42:43news and I would stand 10 toes about
- 3:42:46this. I wouldn't trade news at any cost
- 3:42:49because this is gambling. It's not
- 3:42:51trading. Okay, obviously this would hurt
- 3:42:53when you're going to cut your loss here
- 3:42:55and then you see it, oh, I could have
- 3:42:57instead of losing, let's say, $50, I
- 3:42:58could have made 400. But trust me,
- 3:43:01losing 300 instead of 100 is going to
- 3:43:03hurt your psychology more. So, better
- 3:43:06off, you're better off not trading news
- 3:43:08at all. All right, so that should be it
- 3:43:10for the news. And I believe, if I'm not
- 3:43:12mistaken, now we should actually move to
- 3:43:14the strategy. So, that should be it. I'm
- 3:43:17going to go take a quick break and I'm
- 3:43:18going be back. But yeah, that's it for
- 3:43:21news. Moral of the story, if you could
- 3:43:24summarize everything I talk about news
- 3:43:25in one sentence, what would you say
- 3:43:28or in three words?
- 3:43:30Don't trade news. Right. All right.
- 3:43:32Let's keep going now. All right. All
- 3:43:34right. So, now we get into the exciting
- 3:43:36part. So, before I actually start
- 3:43:38talking, I just want to say one thing
- 3:43:40real, really real, real real quick. If
- 3:43:42you've been watching until this part, I
- 3:43:45genuinely want to congratulate you
- 3:43:46because, bro, I don't know how long this
- 3:43:49is going to be after editing and so on
- 3:43:50because I've been recording for like six
- 3:43:52hours. After editing, you probably been
- 3:43:54watching for like four hours. So, hey,
- 3:43:56that's an achievement in my opinion. You
- 3:43:57might see as nothing important, but you
- 3:44:00already achieved something great because
- 3:44:02not a lot of people can actually sit
- 3:44:04this far and actually watch. And if
- 3:44:06you're one of these people who just skip
- 3:44:08directly to this part to see the sauce,
- 3:44:11bro, I'm going to be honest with you,
- 3:44:15you're not going to understand anything.
- 3:44:17[laughter]
- 3:44:18As I said in the beginning of this
- 3:44:19video, this course is programmed in a
- 3:44:22way where you have to watch every single
- 3:44:24part in order to be actually able to
- 3:44:26understand. Because now if you start
- 3:44:28here, you might be able to understand
- 3:44:30the strategy because it's a simple
- 3:44:31strategy, but you're going to be missing
- 3:44:33out on all the other stuff such as you
- 3:44:36know the market structure and so on
- 3:44:37because as I said earlier, the way I
- 3:44:39read market structure is completely
- 3:44:41different from how you read it, how ICT
- 3:44:43reads it and so on. So that's why you
- 3:44:46have to watch the full thing. I would
- 3:44:48rather right now you go back to the
- 3:44:49beginning and watch it again at least
- 3:44:51the market structure part rather than
- 3:44:53watching this now seeing the whole
- 3:44:55strategy and then you're going to be
- 3:44:56confused once we start back testing and
- 3:44:58you're going to like okay what is going
- 3:45:00on and then you would rewatch that part
- 3:45:01and then you're going to eventually end
- 3:45:03up spending more time you know what I
- 3:45:04mean so that's why I would rather you
- 3:45:06actually follow the order I'm putting a
- 3:45:08lot of work into this video not for you
- 3:45:10guys to be skipping around right and
- 3:45:12this is just trust me I'm not gaining
- 3:45:13anything from this I genuinely mean it
- 3:45:16it's better if you watch it in the order
- 3:45:18that I organized the video. Even if you
- 3:45:19know the strategy, it's still better to
- 3:45:21watch it the way I did, especially
- 3:45:23especially especially the market
- 3:45:24structure. And plus, bro, let me be
- 3:45:26honest with you. If you can't sit, I
- 3:45:28don't know, let's say this video is
- 3:45:29going to be six hours. If you can't sit
- 3:45:31through 6 hours video, how are you, you
- 3:45:36know, thinking about competing with
- 3:45:38millionaires and billionaires even, you
- 3:45:40know what I mean? This is the least
- 3:45:43minimum you can do is watching if I
- 3:45:44don't know five six hours video. That's
- 3:45:46the bare minimum. I used to practice for
- 3:45:49more than 20 30 hours every you know
- 3:45:51every week until now I still practice
- 3:45:53and do so. So why you expecting yourself
- 3:45:55to be able to beat people way richer
- 3:45:59than you.
- 3:46:00I'm not going to say smarter cuz I don't
- 3:46:02know if they're smarter than you or not
- 3:46:03but very smart people that I can tell
- 3:46:06you for sure. And then you don't want to
- 3:46:08put the least work and watch a whole
- 3:46:10four, five, six hours video. Like come
- 3:46:12on, bro. You're better than this. All
- 3:46:13right, so re go re-watch this. Start it
- 3:46:16the proper way so that you can actually
- 3:46:19understand everything. Now enough
- 3:46:21yapping and let's get into it. I'm going
- 3:46:23explain the noix strategy very simple
- 3:46:25first and after that we're going to move
- 3:46:27to the more advanced and more advanced
- 3:46:29and more advanced stuff. Okay. So, first
- 3:46:31is going to be the simple explain the
- 3:46:33strategy really simple, you know, as if
- 3:46:35I'm explaining it to my grandma and then
- 3:46:37going to show you a couple of examples
- 3:46:39and then we're going to dig into more
- 3:46:41important stuff, more complicated stuff.
- 3:46:44And after that, we going to be doing the
- 3:46:47live back test. That's the most
- 3:46:49important part. And it's going to be,
- 3:46:50yes, it's going to be live back test.
- 3:46:52So, we're going to go to a random bar
- 3:46:53and start back testing from there with
- 3:46:55no cuts, no edits, nothing. So focus
- 3:46:58here so that you can actually understand
- 3:46:59what's going on when we're live back
- 3:47:01testing.
- 3:47:03God damn it. All right, let's get it. So
- 3:47:07this is the no strategy. Simple
- 3:47:10explanation first. This is how a buy
- 3:47:13perfect example would look like. Now in
- 3:47:14real life, the market is going to not
- 3:47:16going to look like this. Neither like
- 3:47:18this. I'm going to show you how the
- 3:47:19market's going to be looking like in
- 3:47:20real life, but just give me a second. So
- 3:47:23as you guys can see, we're in a clear
- 3:47:25uptrend, right? So first step, okay, we
- 3:47:29know number one, we an uptrend.
- 3:47:34Perfect. Second step, we got a bullish
- 3:47:38candle
- 3:47:42with no bottom wick. So we got a bullish
- 3:47:45noick candle. You can see here how it
- 3:47:47doesn't have a bottom wick, right? It
- 3:47:48has only a top wick but doesn't have a
- 3:47:50bottom wick. This is the second thing we
- 3:47:53know so far.
- 3:47:55So in an uptrend second thing bullish no
- 3:48:00candle. Now where is the most recent
- 3:48:03higher low or actually no let's wait for
- 3:48:05that. Now what we got to do is we have
- 3:48:09to wait for price to come back to the
- 3:48:10noi candles. So the way it works as I
- 3:48:12said you can have it as set as alerts or
- 3:48:15you can be watching the charts. It
- 3:48:16doesn't matter. Okay. So you can have it
- 3:48:18as alerts or you can watch the chart
- 3:48:22regardless which one you do. Let's say
- 3:48:23we got an alert. Okay, we we I'm sitting
- 3:48:26I got an alert. Okay, bullish no candle
- 3:48:29showed up. I see this. Perfect. Now I
- 3:48:31don't take the trade immediately. No, we
- 3:48:34have first thing I do is I mark up this
- 3:48:37no candle like this just so you know I
- 3:48:39keep you remember where it is. And then
- 3:48:42after that you have to wait for price to
- 3:48:46come back to this. So you don't you're
- 3:48:49not going to enter directly after we
- 3:48:51close. No, we're going to wait for price
- 3:48:53to come back to the noick because
- 3:48:55sometimes something like this might
- 3:48:56happen first. We get another bullish
- 3:48:58noick
- 3:49:00and then price decides to come back to
- 3:49:04the noick. All right. So regardless
- 3:49:06whatever happens, we have to wait for
- 3:49:09price to come back to the noick here.
- 3:49:13Once price comes back to the noick,
- 3:49:16right, that's when we got to enter the
- 3:49:19buy. So let me repeat again. Price comes
- 3:49:23back to the noick and that's when we
- 3:49:25enter the buy. We don't enter buy
- 3:49:26directly after the candle closes. No, we
- 3:49:28wait for it to come back to the no. So
- 3:49:30step number three,
- 3:49:33wait for price to come back to the NOIC.
- 3:49:41Step number four, in this case, enter
- 3:49:44buy.
- 3:49:47Right? Once price taps the noick, that's
- 3:49:49when we enter the buy. Now, where do we
- 3:49:51place our stop- loss? We simply place
- 3:49:53our stop loss at the most recent higher
- 3:49:56low. Now, where is the most recent
- 3:49:57higher low? We do the snake method. You
- 3:49:58remember you see how here we had the
- 3:50:00break structure. So, this is this became
- 3:50:03the confirmed higher low. That's when we
- 3:50:06do the snake method. So, we do this, we
- 3:50:08do the curve. Oop. All right. Perfect.
- 3:50:11We found the most recent confirmed
- 3:50:13higher low. So, we place our stop loss
- 3:50:18stop loss
- 3:50:20at the confirmed
- 3:50:24higher low.
- 3:50:26Now, we put our stop loss at the most
- 3:50:29recent confirmed higher low, but we
- 3:50:32don't put it like this. We have to give
- 3:50:34it some breathing room. What do I mean
- 3:50:35by breathing room? Some space. Now, why
- 3:50:38am I doing this? Because sometimes price
- 3:50:40tends to come here, hit the stop loss,
- 3:50:42and then go and hit TP. And this is
- 3:50:45usually called in ICT terms is called
- 3:50:46liquidity grab. Now just to avoid that I
- 3:50:48don't care about liquidity. You don't
- 3:50:50have to care either. Now just to care
- 3:50:52about all you got to be careful about is
- 3:50:54leave some breathing room in case this
- 3:50:56happens. I don't want you to be stopped
- 3:50:57out. So stop loss at the most recent
- 3:51:01confirmed higher low with some breathing
- 3:51:06room. Now how much breathing room? We're
- 3:51:08going to talk about it in a second. So
- 3:51:10you give some breathing room. So here's
- 3:51:12the most recent high low. some breathing
- 3:51:14room and then take profit
- 3:51:17fixed at one to one
- 3:51:22six
- 3:51:24take profit fixed
- 3:51:27at one to one. All right. Now, can you
- 3:51:32target more than one to one? Yes. But
- 3:51:35how do we do that? We're going to talk
- 3:51:36about it as well later on in this video.
- 3:51:39So, these are the rules. But I
- 3:51:41personally as Omar Omar Noic I trade it
- 3:51:44at fixed one to one. Why is it fixed at
- 3:51:46one to one? It's the easiest for the
- 3:51:47psychology. Best win rate. And think
- 3:51:51about it like this. All right.
- 3:51:53Let's say you want to flip a coin. You
- 3:51:56flip a coin. You you close your eyes.
- 3:51:58You flip a coin. Whatever you Let's say
- 3:52:00you choose heads. You get heads and then
- 3:52:03you decide, okay, heads is buy and then
- 3:52:06I don't know tail is sell. You flip the
- 3:52:09coin. Boom. it lands on one of them.
- 3:52:11You're not looking at the charts. You
- 3:52:13enter buy or sell blindly. Okay? So, you
- 3:52:15flip a coin. On one side says buy, on
- 3:52:18the other side says sell. Regardless
- 3:52:20what's going on the market, okay, cool.
- 3:52:23We got the coin saying buy. What are
- 3:52:27with one TP? What are the odds that you
- 3:52:31hit take profit? In this case, it's
- 3:52:3350/50, right? Because you have a 50%
- 3:52:35chance that you hit TP. 50% chance that
- 3:52:37you hit stop loss. Perfect. Now, let's
- 3:52:41say on the coin we write, okay, you're
- 3:52:45only allowed to trade with a trend. So,
- 3:52:47you're only going to be trading with the
- 3:52:48direction of the trend. Now, how much is
- 3:52:51the how much does the win rate or the
- 3:52:53odds become? You flip the coin, it
- 3:52:56comes, okay, you're either going to
- 3:52:58enter buy if it's a uptrend or you're
- 3:53:01going to enter sell if it's a downtrend.
- 3:53:03Now, the odds goes from 50 to around 60
- 3:53:0565. Perfect. We add on on top of that
- 3:53:09the noc now it becomes 7580 and then
- 3:53:14we're going to add the other confluences
- 3:53:15that we used which we're going to talk
- 3:53:16about later it jumps from 80 to 85%. And
- 3:53:20that's exactly how this strategy works.
- 3:53:22So that's why I personally loved having
- 3:53:25one to one fix that one to one
- 3:53:29easy for the psychology. You don't have
- 3:53:31to worry about it. It's fixed at the end
- 3:53:33of the day. You after you take the
- 3:53:35trade, you literally set and forget. You
- 3:53:36don't have to do anything. You don't
- 3:53:38have to worry about, you know, oh okay,
- 3:53:41price came close to TP. Oh, price came
- 3:53:43close to stop loss. You don't have to
- 3:53:44worry none of none of that. You're going
- 3:53:47to have a high win rate. Now, what does
- 3:53:48high win rate mean? Means better
- 3:53:50psychology. Why is it better psychology?
- 3:53:52Because think about it like this. If you
- 3:53:54end up
- 3:53:56taking four wins, one loss. Four wins,
- 3:53:59one loss. Four wins, one loss. Four
- 3:54:00wins, one loss. What is going to happen
- 3:54:02to your psychology? You're always going
- 3:54:04to have a good psychology. Why? Because
- 3:54:06you're always winning more than losing.
- 3:54:08Now, yes, although the amount you're
- 3:54:10winning and losing is the same, but at
- 3:54:13least you're winning more often than
- 3:54:14losing. Now, when you have a strategy
- 3:54:16that's one to two, one to three,
- 3:54:18realistically speaking, with a one to
- 3:54:19three strategy, you're not even going to
- 3:54:20have a 50% win rate. So, what's going to
- 3:54:23happen to you is you're gonna win
- 3:54:24sometimes or like win, you win big, then
- 3:54:28you lose, lose, lose, lose, lose, then
- 3:54:30you win big, then you lose, lose, lose,
- 3:54:32lose, lose, then you win big, then you
- 3:54:33lose lose, then you win, then you lose,
- 3:54:34then you win, then you lose. And every
- 3:54:36time you're winning, yes, you are
- 3:54:38winning more money than you're losing.
- 3:54:41But at the end of the day, your
- 3:54:42psychology is going to get affected.
- 3:54:43Why? Because when you look at your I
- 3:54:45don't know MetaTrader or whatever you
- 3:54:47look at trade locker or whatever it is
- 3:54:49or your account you're going to see red
- 3:54:50red then big green red red big green. I
- 3:54:54don't like to do that. I prefer if I
- 3:54:56have green green red green green red
- 3:55:00green green green red. And that's
- 3:55:02exactly how some of my students pass
- 3:55:03their accounts with zero losses.
- 3:55:05Actually I'mma put one of the
- 3:55:06screenshots here or no let me put couple
- 3:55:09of the screenshots. I'm going show you
- 3:55:10because this doesn't happen once or
- 3:55:12twice like this happens
- 3:55:14on a weekly basis. So you see how many
- 3:55:18people pass their accounts with not even
- 3:55:19a single loss which is crazy. So that's
- 3:55:22why I always stress on the fact that
- 3:55:26it's better to have a high win rate
- 3:55:29strategy even if you have sacrifice some
- 3:55:31of your RR. Now as long as you don't go
- 3:55:33less than one to one you're chilling.
- 3:55:35And as I said earlier, we're gonna be
- 3:55:37talking later on on how you can target
- 3:55:39one to two and one to three if you would
- 3:55:40like to do so if that's your trading
- 3:55:42style. I'm not against it. I have some
- 3:55:44students who go more than one to one,
- 3:55:45but there's certain rules that we have
- 3:55:47to follow in that case. Anyway, so just
- 3:55:49to summarize this real quick. So very
- 3:55:52easy and very simple. Whenever we are in
- 3:55:56an uptrend, okay, check we got a bullish
- 3:55:59candle with no bottom wick. Check. Wait
- 3:56:03for price to come back to the noi
- 3:56:04candle. I forgot to mention this
- 3:56:06earlier. It has to be 10 candles max.
- 3:56:08What do I mean by that? So after this
- 3:56:11closes, perfect. Now if it comes back
- 3:56:14directly, amazing. If it takes like
- 3:56:16okay, it goes up let's say one more
- 3:56:18candle and then it comes on the second
- 3:56:19candle. Okay, that's great. If let's say
- 3:56:22it takes boom boom on the third candle,
- 3:56:24that's very good. On the f fourth
- 3:56:27candle, all right, that's very good. On
- 3:56:30the fifth candle, that's good. On the
- 3:56:32sixth candle, that's like all right. On
- 3:56:35the seventh candle, I'm like, uh, eighth
- 3:56:37candle, I'm like, h, ninth candle, I'm
- 3:56:39like, oh, please, come on, man. Hit it.
- 3:56:42On the 10th candle, I'm like, bro, you
- 3:56:44know what? Yo, it's either this one or
- 3:56:47no. If it hits on the 10th, it's fine.
- 3:56:50If it's on the 11th, I'm like, no, I
- 3:56:51don't want to enter this trade anymore.
- 3:56:52Then we cancel the buy limit. So, very
- 3:56:55easy. Price has to come back within max
- 3:56:5710 candle. So, one, fine. two. All
- 3:57:01right. Three, four, five, six. Fine.
- 3:57:04Until 10. 10th on the dot is all right
- 3:57:06as well. Okay. And then
- 3:57:11after we price comes back to the no
- 3:57:13within the 10 candle, let's say it comes
- 3:57:15on the one, second, third candle.
- 3:57:18Perfect. We can enter the buy. So in
- 3:57:20this case, we enter a buy. Check. Then
- 3:57:22stop loss. Where do we put our stop
- 3:57:24loss? At the most conf at the confirmed
- 3:57:26higher low with some breathing room. So
- 3:57:28the most recent higher low with some
- 3:57:31breathing room and then take profit
- 3:57:33fixed at 1:1. That's what we're talking
- 3:57:35about now. The fixed take profit at one.
- 3:57:37Obviously we could do more which we're
- 3:57:39going to talk about later. And then
- 3:57:40after that we can expect price to do
- 3:57:42something like this and like this. All
- 3:57:43right. Very easy, very straightforward,
- 3:57:46very simple. Now let's do the same
- 3:57:48example for the bearish example. And by
- 3:57:50the way, this is how a perfect example
- 3:57:53looks like. Obviously the charts are not
- 3:57:55going to look something like this in
- 3:57:56real life. And we're going to talk I'm
- 3:57:57going to show you some examples on how
- 3:57:59real example would look like. All right,
- 3:58:02for the sell example, first thing we
- 3:58:04need to be in a obviously not in an
- 3:58:06uptrend in a downtrend.
- 3:58:08Second thing, we need a bearish noick.
- 3:58:14Third wing waits for price. After that,
- 3:58:16we enter sell stop loss at the most
- 3:58:18confirmed lower high
- 3:58:21and then the rest is the same. So for
- 3:58:24the sell example, we need to be in a
- 3:58:25downtrend. All right. Is this a
- 3:58:27downtrend? Yes, it is. Check.
- 3:58:30We need to have a bearish no candle.
- 3:58:33Perfect. We got a bearish no candle.
- 3:58:35Check. Wait for price come back to the
- 3:58:37noick within max 10 candles. Right. One.
- 3:58:40Let's say it goes two, three, four,
- 3:58:42fifth candle. Right. Perfect. Now we can
- 3:58:45enter the cell once price comes back to
- 3:58:47the noick. Now most of the time you're
- 3:58:49going to see this. Most of the time it's
- 3:58:50going to come back within one or two
- 3:58:52candles. But sometimes price likes to
- 3:58:54play around. Let's say price came back
- 3:58:55within the first candle. Check. What do
- 3:58:58we do in this case? We enter a sell.
- 3:59:00Check. Stop loss at the confirmed lower
- 3:59:04high with some breathing room. Where's
- 3:59:05the most recent lower high? Here it is.
- 3:59:08Get some breathing room. Perfect. And
- 3:59:10then take profit fixed at 1:1.
- 3:59:15So we make take profit at 1:1. Boom. And
- 3:59:18then we can expect something like like
- 3:59:21this. Now obviously it's not going to be
- 3:59:22always the case. Sometimes price might
- 3:59:24do something like I don't know something
- 3:59:26like this like this. Sometimes price
- 3:59:28might go and hit stop loss. Sometimes
- 3:59:31price might tap take some time and then
- 3:59:32hit TP. Sometimes price might come close
- 3:59:35to the stop loss then hit TP. Sometimes
- 3:59:38price might tease the stop loss then
- 3:59:39tease the TP then hit stop loss. So you
- 3:59:42know like it's not always going to be
- 3:59:43like oh we tap boom. No. Most of the
- 3:59:46time it is like this but it's not like a
- 3:59:48fixed rule. It doesn't have to do this
- 3:59:50and this. No, it doesn't have to. Now,
- 3:59:53that's how a perfect example would look
- 3:59:55like. I wish all the trades would look
- 3:59:56like this, but now this is a more
- 3:59:58realistic example. So, same concept
- 4:00:00here, right? Just I want to show you how
- 4:00:03the real charts would look like. Now,
- 4:00:05are we in uptrend? Now, obviously, if
- 4:00:06you look at it in a first, you know,
- 4:00:08like in one second, you'll be able to
- 4:00:09say yes. And same thing here, you'll be
- 4:00:11able to say we're in a downtrend. But I
- 4:00:13want you to actually read the market
- 4:00:15structure. Now, if you haven't watched
- 4:00:16this whole course from the beginning,
- 4:00:18that's where I said you're not going to
- 4:00:19be able to understand what we're talking
- 4:00:20about. Anyway, so I have a low, high,
- 4:00:23higher low, higher high. Perfect. So,
- 4:00:26this is a breaker structure, right? Now,
- 4:00:29you're like, wait, what breaker
- 4:00:31structure? ICT teaches me break
- 4:00:32structure as when we switching the
- 4:00:34trend. Well, I'm not ICT, right? If
- 4:00:36you're confused, go rewatch this course
- 4:00:39because that mean this if you don't know
- 4:00:40why this is the break structure. This
- 4:00:41shows me that you haven't watched the
- 4:00:43full course yet from the beginning. At
- 4:00:44least the market structure part. So this
- 4:00:47is a low higher low higher high.
- 4:00:49Perfect. This becomes a higher low.
- 4:00:53This becomes a higher high. Amazing.
- 4:00:57Boom. Boom. This is internal structure.
- 4:01:01Oh, here we got a new break of
- 4:01:03structure.
- 4:01:04Perfect.
- 4:01:06We do this template bullish break
- 4:01:09structure. Now, where is the most recent
- 4:01:11higher low? Let's do the stink method.
- 4:01:13Whoop.
- 4:01:15All right. We found the most recent
- 4:01:16higher low. So, this becomes the most
- 4:01:18recent higher low.
- 4:01:22Boom. Boom. All right. Anything in
- 4:01:23between we don't care about. Nice. Oh,
- 4:01:26here we got a new higher low. Let's say
- 4:01:28this was like this. Perfect. Sorry. Here
- 4:01:30we got a new breaker structure. So, we
- 4:01:32got a new breaker structure.
- 4:01:35Now, where is the most recent higher
- 4:01:37low? You do the snake method.
- 4:01:41Oh, all right. I found the most recent
- 4:01:43higher low. So, this right here becomes
- 4:01:44the most recent higher low.
- 4:01:48This became a higher high. Now, this is
- 4:01:51the higher high. Okay. Now, if you don't
- 4:01:54know why this is the higher low, not
- 4:01:56this higher low, re-watch the market
- 4:01:57structure part again. Now, let's see if
- 4:02:01this bullish no is valid or not. Let's
- 4:02:04see the rules. We in uptrend. Are we in
- 4:02:06uptrend? Yes, we are. Check. Second
- 4:02:09thing, bullish noi candle. Yes, we got a
- 4:02:12bullish noi candle. Great.
- 4:02:15Let me just delete these blue lines. We
- 4:02:17got a bullish noey candle. Perfect.
- 4:02:20Third thing, wait for price to come back
- 4:02:21to the noi candle within max 10 candles.
- 4:02:24Let's say it came back on the first
- 4:02:25candle. Boom. Price tab the no. Perfect.
- 4:02:28What's the next step? Buy, right? I got
- 4:02:30you. I'm going buy.
- 4:02:33Then we both All right.
- 4:02:36Stop loss at the confirmed higher low
- 4:02:38with some breathing room. All right.
- 4:02:39Stop loss at the most recent higher low
- 4:02:41with some breathing room. Nice.
- 4:02:45Take profit fixed at one. Take profit
- 4:02:49fixed at one:1. And then we can expect
- 4:02:52price to do something like this and like
- 4:02:54this. Okay. Obviously, we could hit stop
- 4:02:57loss as well. It's fine. But at least
- 4:02:59you know eight out of 10 times you're
- 4:03:00going to hit take profit.
- 4:03:03That's it. Now, same example for the
- 4:03:06cell. I'm going to go over a bit
- 4:03:07quicker. So, let's get it. We have a
- 4:03:10high, low, lower high, lower low. So,
- 4:03:12here we have the breaker structure. This
- 4:03:14is the lower high. This is the lower
- 4:03:15low. Anything in between we don't care
- 4:03:17about. And then we got a new breaker
- 4:03:19structure here. So, this became the
- 4:03:21lower high. This became the lower low.
- 4:03:23Perfect. Anything in between we don't
- 4:03:25care about. Oh, here we got breaker
- 4:03:26structure. This became the lower high.
- 4:03:28This became the lower low. Perfect.
- 4:03:31And then let me just do this because
- 4:03:34don't get confused.
- 4:03:36And then here we got a new breaker
- 4:03:38structure.
- 4:03:40Perfect. So this became the most recent
- 4:03:43lower low.
- 4:03:45This became the breaker structure.
- 4:03:48Now where is the most recent lower high?
- 4:03:50We do the snake method. Boom. Whoop.
- 4:03:53Right. Found the most recent lower high.
- 4:03:57That's it.
- 4:03:59Now we wait for price to come back to
- 4:04:01the noick. Let's say it came back here.
- 4:04:03Perfect. We enter the cell stop loss at
- 4:04:07the most recent lower high with some
- 4:04:08breathing room and take profit fix one
- 4:04:11to one and then we can expect price to
- 4:04:13do something like this. All right, very
- 4:04:15easy, very simple. Don't over complicate
- 4:04:18it. Now let's have a look at some
- 4:04:21examples on the charts. Now obviously
- 4:04:23obviously obviously I know the results
- 4:04:25of what happened here cuz I chose these
- 4:04:27examples. But in real life, what's going
- 4:04:29to happen is you going to be able sorry
- 4:04:33after this we're going to do after we
- 4:04:34explain the strategy fully, I'm going to
- 4:04:36do a live back test. So I'm going to go
- 4:04:38on a random bar and show you the trades
- 4:04:40before even without me seeing them just
- 4:04:42so you know. Like most people I never
- 4:04:44seen a single trader doing this online.
- 4:04:46That's why I'm confident in my strategy.
- 4:04:48That's why I'm I don't mind doing it.
- 4:04:50Most people are scared to do it. That's
- 4:04:52not me. I don't care. I show results
- 4:04:54live because I know what strategy I got.
- 4:04:57And when I say something, I mean it. All
- 4:04:59right. So, as you can see here, we have
- 4:05:02a low, high, higher low, higher high,
- 4:05:04higher low, higher high, higher low,
- 4:05:06higher high. Perfect. And spot these
- 4:05:09noick candles. All you got to do is
- 4:05:11write Omar Noick. And the indicator is
- 4:05:15for free. This one, Omar Noick, it's
- 4:05:17completely for free.
- 4:05:20It's not going to show you the market
- 4:05:21structure because that's exclusive for
- 4:05:23the community. But the no candles and so
- 4:05:26on is for free. All right. So, we got
- 4:05:31we're in a clear uptrend and then we got
- 4:05:33a bullish candle with no bottom wick.
- 4:05:36What do we do now? We wait for price to
- 4:05:39come back to the noick. All right, let's
- 4:05:41see.
- 4:05:43All right. Amazing. Price came back to
- 4:05:44the noick. So, one, two, three, four,
- 4:05:47five, six candles. Yes, that's allowed.
- 4:05:50That's when I enter the buy stop loss at
- 4:05:53the most recent higher low with some
- 4:05:55breathing room and then take profit fix
- 4:05:58that one to one. All right. Now, you
- 4:06:00you're going to be like, "Okay, Omar,
- 4:06:01but we got a no against us. What do we
- 4:06:03do in this case?" I'm going to talk
- 4:06:05about that later on because that's a bit
- 4:06:06advanced about how to handle if we get a
- 4:06:09no against us and so on. Anyway, we
- 4:06:12entered the buy stop loss at the higher
- 4:06:14low TP1 121 and now you literally just
- 4:06:18set and forget and you can see how nice
- 4:06:20it played out. All right.
- 4:06:23Literally amazing. We could have called
- 4:06:26one to one I don't know one to almost
- 4:06:30one to three but I still trade only one
- 4:06:34to one. All right,
- 4:06:36next trade. Same concept. We have a high
- 4:06:40low, lower high, lower low, lower high,
- 4:06:43lower low. All right, then we got a
- 4:06:45bearish candle with no top wick. What do
- 4:06:48we do now? We wait for price to come
- 4:06:50back to the noick. It did within one
- 4:06:52candle. Perfect. We enter the cell, stop
- 4:06:56loss at the most recent lower high and
- 4:06:58take profit at 1:1. Okay. Now for the
- 4:07:01stop loss NTP we use the wicks
- 4:07:05you see because we have a bearish candle
- 4:07:07bullish candle that's why we use the
- 4:07:08wick here now for change of character
- 4:07:10and break structure we use the body
- 4:07:12because I know a lot of people would get
- 4:07:14confused about this so change of
- 4:07:16character and break structure we use the
- 4:07:17body stop loss and TP or stop loss in
- 4:07:20general we just we use the wick instead
- 4:07:22of the body okay and then TP at one
- 4:07:26after that we just set and forget and
- 4:07:29you can see how nice it played out,
- 4:07:31right? Because I've literally caught, I
- 4:07:32don't know, one, two, one, two, three so
- 4:07:34far.
- 4:07:36But again, I just do one, two, one. You
- 4:07:40see how simple it is. Now, when we do
- 4:07:43the live backs, you're going to see it
- 4:07:44in front of your eyes as well. Now, this
- 4:07:46is on futures. This is on MQ. So, the
- 4:07:48ones I showed you before were on Kadip
- 4:07:50Y, so forex. And now, this example is on
- 4:07:52MQ. This is on the 5 minutes.
- 4:07:56Um, let's start from here. Here we have
- 4:07:58a low high, higher low, higher high,
- 4:08:00higher low, higher high, higher low,
- 4:08:01higher high, higher low, higher high,
- 4:08:03higher low, higher high. And then we got
- 4:08:07a bullish candle with no bottom.
- 4:08:09Perfect. Let's mark it up. Let's say I'm
- 4:08:11sitting. Let's start it from here.
- 4:08:14I'm sitting on my phone. I don't know.
- 4:08:16I'm texting someone. I'm texting my my
- 4:08:18shi. I'm playing. I'm playing. I'm
- 4:08:20playing. Okay, Omar, get serious. I'm
- 4:08:22texting my mama. Texting my mom. Yeah,
- 4:08:25when I say my mom, no one can hate. I'm
- 4:08:27texting my mom. I'm telling her how much
- 4:08:29I love her. Like, mom, don't worry about
- 4:08:32everything. I got you. I love you so
- 4:08:34much. Just take care of yourself. You
- 4:08:37know, you don't have to work anymore.
- 4:08:39Yes. Yes. Yes. Don't worry. I'm watching
- 4:08:42Omar Noak. He is teaching me how to
- 4:08:43trade. I'm going to make trading work,
- 4:08:46get payouts, and I'm going to retire
- 4:08:47your mom. And why are you texting her
- 4:08:49that?
- 4:08:52What happened here?
- 4:09:00Is it bugging?
- 4:09:03All right. Yeah, it was bugging. It was
- 4:09:05bugging. All right. So, why are you
- 4:09:06texting on your phone or Oh, actually, I
- 4:09:08was texting. So, while I'm texting on my
- 4:09:09phone, I'm texting my lovely mama. I get
- 4:09:12a notification, an alert, and no showed
- 4:09:15up with no bottom. I'm like, "Mama, give
- 4:09:17me two minutes. I got to make some
- 4:09:18money." I go on Trading View. I look at
- 4:09:21the market. I see We're in a clear
- 4:09:24uptrend and then we got a bullish candle
- 4:09:26with no bottom. I'm like, yo, that's
- 4:09:28sick. I'm like, all right, cool. I'm
- 4:09:31calling my boys telling them, "Yo,
- 4:09:34we got a bullish noick in an uptrend.
- 4:09:39Let's wait for price to come back to the
- 4:09:40no." Price comes back to the no.
- 4:09:43Everyone is hyped. We're like, "Yo,
- 4:09:44let's go. Let's get it." Now, we enter
- 4:09:46the bias.
- 4:09:47Where do we place our stop loss? At the
- 4:09:49most recent higher low. Some breathing
- 4:09:51room. take profit one to one and then
- 4:09:55after that we just set and forget and
- 4:09:58voila right now you see how here we play
- 4:10:02played out perfectly we hit TP
- 4:10:05maybe 1.3 we hit TP and then I don't
- 4:10:09know the rest is history but you see now
- 4:10:11you might be like okay Omar how did you
- 4:10:12predict it's going to hit take profit
- 4:10:14here exactly on the dot well I didn't I
- 4:10:17just followed the rules stop loss at the
- 4:10:19higher low breathing room TP1 to1 and
- 4:10:22that's That's it. Now, could it have
- 4:10:26came close to the TP and stop us? Yes,
- 4:10:28it will happen as well. All right. So,
- 4:10:32you can see how nice it played out. Now,
- 4:10:35before we move on, I just want to let
- 4:10:36you know this TPS stop losses are part
- 4:10:40of the game. All right, just you like I
- 4:10:42just now showed you some wins, but just
- 4:10:44so you know, the strategy will also have
- 4:10:46losing trades and that's normal. Now,
- 4:10:48this was cherrypicked, but because at
- 4:10:50the end of the video, we're gonna do
- 4:10:51some live back testing, and you're gonna
- 4:10:54see how the strategy works actually when
- 4:10:56we go to random bars. So, you don't be
- 4:10:57like, "Oh, Omar, you're cherrypicking."
- 4:10:59Yes, these were cherrypicked just for
- 4:11:01educational purposes. But in real, like
- 4:11:03when we back this, you're going to see
- 4:11:04the losses and the wins, right? Because
- 4:11:06I believe you're also going to be able
- 4:11:08to learn a lot from the losses as well.
- 4:11:11So, I don't want to, you know, skip any
- 4:11:14losses. losses will teach you actually
- 4:11:16more than even the wins because you will
- 4:11:17know what didn't work out rather than
- 4:11:20what actually only works out.
- 4:11:23So [sighs] yeah, now let's move to best
- 4:11:26pairs and contracts. So which pairs and
- 4:11:28contracts should you be trading the
- 4:11:29strategy on? So on forex you should be
- 4:11:32trading these pairs right now before I
- 4:11:34tell you the pairs. I mean they're
- 4:11:36already here. the on forex this strategy
- 4:11:39works on all currency pairs right GBPUSD
- 4:11:43USD JPYU USD AUD/USD
- 4:11:46uh everything now obviously some
- 4:11:50currency pairs have higher win rate than
- 4:11:52other currency pairs right that's why
- 4:11:53I'm going to give you the rank of them
- 4:11:55in certain order and you get to choose
- 4:11:58whichever pairs you want to be trading
- 4:12:00so the best five Forex pairs are these
- 4:12:03ones and these are the ones I've back
- 4:12:05tested more than 10 years some of them
- 4:12:07back for more than 20 years. Cal JPY,
- 4:12:10USD CHF, USD JPY, AUDUSD, GBPUSD.
- 4:12:15So these are my five main pairs. So
- 4:12:18every day when I wake up and I'm looking
- 4:12:19at the charts, these are the main five
- 4:12:21pairs I look at. Now my secondary forex
- 4:12:24pairs are AD CAD, USD CAD, AUD JPY, GBP
- 4:12:28JPY, and EUSD.
- 4:12:30These are the pairs I look at if I don't
- 4:12:33see any trades here. Now, cuz this
- 4:12:36question I get asked so often, every day
- 4:12:39pretty much on IG, I see people ask me
- 4:12:41about this. Which pairs should I be
- 4:12:44trading or how many pairs should I be
- 4:12:45trading? It's up to you, right?
- 4:12:48You can trade. Some of my students trade
- 4:12:50one pair only and that's it. Some
- 4:12:52students trade two pairs and that's it.
- 4:12:54Some people trade five pairs. Some
- 4:12:56people trade 10 pairs. It's up to you.
- 4:12:58Now, if you can look, cuz the more pairs
- 4:13:01you have, the more opportunities you
- 4:13:03have, the higher chance you're going to
- 4:13:05be able to catch the good setups. Now,
- 4:13:07once you learn what's a good setup and
- 4:13:08the difference between a good setup and
- 4:13:10a valid setup, you're going to
- 4:13:10understand what I mean. The more pairs
- 4:13:12there is, the higher the chance that
- 4:13:14you're going to find only clean setups,
- 4:13:16and you're going to be taking A+ setups,
- 4:13:17which we're going to talk about soon.
- 4:13:20The fewer these pairs are, the less A
- 4:13:22setups you're going to be able to see.
- 4:13:24But if you have a problem with
- 4:13:26controlling how many trades you take per
- 4:13:28day, stick to the best five pairs,
- 4:13:31right? Cuz if you can't stick to taking
- 4:13:34one, two trades a day, stick to the best
- 4:13:37five pairs and that's it. Okay? But if
- 4:13:39you don't have a problem and you can
- 4:13:40still stick to one, two trades, even if
- 4:13:42you see 10 trades a day, then you can
- 4:13:44trade all of them. So which one do you
- 4:13:46prefer? It's up to you. Now, I can't
- 4:13:48give you a pure answer on that unless if
- 4:13:51you were my student because when I have
- 4:13:53my students, I talk to them. I see how
- 4:13:54their psychology is and then I tell
- 4:13:56them, "Okay, you should be doing this.
- 4:13:58You should be doing that and so on." But
- 4:14:00I don't know your psychology. That's why
- 4:14:01I'm not going to be able to give you
- 4:14:02this advice right now. That's why I'm
- 4:14:05going leave it based on personal
- 4:14:07preference. You get to choose how many
- 4:14:09pairs you want to trade. If you want to
- 4:14:10stick to the best two, cool. Best three,
- 4:14:13cool. Best five, cool. You want to have
- 4:14:15all of them? Cool. I have some students
- 4:14:16who even have more than 10 pairs. Adora,
- 4:14:18for example, she trades, I don't know,
- 4:14:2020 pairs, cool. It works for her. Good
- 4:14:22for her.
- 4:14:24Now that one rule I'm going to tell you
- 4:14:26about in a second. It's going to be
- 4:14:27here. Now for futures you can trade ESU,
- 4:14:30MESU, NQ, MNQ and oil. Also you can
- 4:14:34trade copper, you can trade corn,
- 4:14:38[laughter]
- 4:14:38you can trade gold, silver, whatever you
- 4:14:41want. All right now you might be like
- 4:14:43Omar but why are you saying ES and me?
- 4:14:46Aren't they the same? Why NQ and MQ
- 4:14:48aren't the same? I'm going explain to
- 4:14:50you in a second. So, these are the main
- 4:14:52ones I personally love. ES MEES, NQ,
- 4:14:56MNQ, and oil. You could stick to one or
- 4:14:58two of them if it's up to you. And but
- 4:15:00I'm going to tell you why I have both of
- 4:15:02them. I know they're the same, but I'm
- 4:15:03going to tell you why I have both of
- 4:15:04them. And
- 4:15:07what else? What else? What else? I don't
- 4:15:10really recommend going more than these
- 4:15:12right here. You could go for copper and
- 4:15:16what is it called? And corn, but I'm not
- 4:15:18a big fan of these. Now there's one more
- 4:15:20thing I want to add here. Although you
- 4:15:23remember the forex pairs I just told you
- 4:15:25these ones you could trade them on
- 4:15:27futures proper as well. This is
- 4:15:29possible. All right. So it is possible
- 4:15:31to trade forex pairs, forex currency
- 4:15:34pairs on futures. Yes, you can do that
- 4:15:37and vice versa. Yes, you can trade
- 4:15:38NASDAQ on forex. I know I don't know why
- 4:15:41most people don't know this but it it is
- 4:15:44possible to trade currency pairs on
- 4:15:46futures and it is possible to trade
- 4:15:49NASDAQ and S&P 500 on forex as well.
- 4:15:52Same thing for oil, same thing for gold.
- 4:15:54You can trade on both. All right, just
- 4:15:55so you know that I just want to make
- 4:15:57this clear. Now let's start with the
- 4:15:59wonder rule. What is the wonder rule?
- 4:16:02And please focus because I get asked
- 4:16:04about this pretty pretty pretty often.
- 4:16:07That wonder
- 4:16:11whenever you want to see these these
- 4:16:14pairs always when you add them to your
- 4:16:17watch list they have to be a wonder
- 4:16:20right so let's say you want to look at
- 4:16:22CAD JPY
- 4:16:24boom it has to be a wonder as a broker
- 4:16:27now focus you don't have to trade on a
- 4:16:31okay it doesn't have to and if anyone
- 4:16:34ask me about this I'm never answering
- 4:16:36the question all Right? I'm never cuz
- 4:16:37I'm genuinely tired of how many times I
- 4:16:39get asked this question. Whenever you
- 4:16:41analyze on the charts that on Trading
- 4:16:44View, just choose a wonder. You don't
- 4:16:46need to have a wonder as a broker. I
- 4:16:48don't care if you're trading live
- 4:16:49account or funded account. Doesn't
- 4:16:51matter. Just when you analyze on the
- 4:16:53charts, let it be awk
- 4:17:02[snorts]
- 4:17:03someone someone's going to come and ask
- 4:17:04me about this later on.
- 4:17:06Look at the difference. Okay, this is a
- 4:17:08wonder. This is FXM.
- 4:17:11Let's say this. You see the noix here.
- 4:17:14Let's say this no for example. This is
- 4:17:16on a
- 4:17:20on FXM. There is no noick here. It it
- 4:17:23has a wick. Now look at the difference.
- 4:17:26You see?
- 4:17:28Look at the charts here. Here's there is
- 4:17:30a no wick. Here there is no noick. The
- 4:17:33noick is here. Here it's not.
- 4:17:37Look at this. You see here there is no
- 4:17:39no wick. Oh here there is a noick. You
- 4:17:43see what I mean? So sometimes the charts
- 4:17:45are going to be bit different slightly
- 4:17:47different between a wonder and what was
- 4:17:51it called the second one FXM for example
- 4:17:54or any other charts. That's why just so
- 4:17:56we because when I back tested the
- 4:17:58strategy I back tested it on. That's why
- 4:18:00whenever you analyze, analyze on. Okay?
- 4:18:03Don't look at your Metatrader. I don't
- 4:18:05care what your Metatrader says. Even if
- 4:18:07there is a wick on Metatrader, I don't
- 4:18:09care. Okay? Just look at let's say you
- 4:18:12see this on you want to take the trade.
- 4:18:14Cool. Go on MT5 and take the trade. Copy
- 4:18:18paste the numbers for your stop loss
- 4:18:19MTP. I don't care if your Metatrader
- 4:18:22says there is a wick. I don't care what
- 4:18:25happens there. All I care about is
- 4:18:27Trading View. That's it. Trading View on
- 4:18:30that's where you analyze even if you
- 4:18:32don't have a wonder as your broker even
- 4:18:34if you don't have a wonder as your
- 4:18:37anything I don't care okay just analyze
- 4:18:39on and that's it please please please
- 4:18:41and don't ask me about this
- 4:18:44[sighs] now same exact concept for
- 4:18:46futures but for the CME rule now same
- 4:18:49exact concept whenever you add this
- 4:18:51let's say you want to add NQ you just
- 4:18:54write NQ
- 4:18:56one and here you're going to find it CME
- 4:18:59And that's it. Okay. Or MQ for example.
- 4:19:03MQU. Here you go. You see? Just right.
- 4:19:08NQ
- 4:19:11NQU. And that's the first one. That's
- 4:19:13the one you got to choose. That's it.
- 4:19:15Same thing for MQ. MNQU. That's the one
- 4:19:18you got to choose. Same thing for ES.
- 4:19:20ESU.
- 4:19:22That's Oops.
- 4:19:25Yeah. ESU. That's the one you're going
- 4:19:26to choose. MESU same thing. Now for oil
- 4:19:30we don't have that. So we're gonna write
- 4:19:32CL1 and then we're going to use NAX.
- 4:19:35Okay, just for oil we're gonna use NAX.
- 4:19:37But for NASDAQ, for ES, for these ones,
- 4:19:42you're going to use CME as a broker. All
- 4:19:44right, that's it. Don't confuse
- 4:19:46yourself, please. And the reason why I'm
- 4:19:48saying this, it's not like your results
- 4:19:50are going to be different. It's just
- 4:19:51these are the ones I've back tested. So
- 4:19:52these are the ones I'm sure that work.
- 4:19:54That's why I don't want you to go and
- 4:19:56try new things. Yes, they will still end
- 4:19:58up working, but these are the ones I've
- 4:20:00tried myself. That's why I'm telling you
- 4:20:03just follow the ones I told you about,
- 4:20:05please.
- 4:20:06Now, second rule for futures and best
- 4:20:10pairs and contracts is minis and micros
- 4:20:12rule. All right. Sometimes, now we're
- 4:20:15done with the CME. Okay, let's do it on
- 4:20:18the 15 because it's better. You're going
- 4:20:20to see this better. All right. Perfect.
- 4:20:23Now let's see on let's say on MEES you
- 4:20:26see how here this was a noi candle
- 4:20:29on ES
- 4:20:33this wasn't a noi candle you see
- 4:20:38so that's why it's fine sorry I got
- 4:20:42distracted same concept here for example
- 4:20:44this candle is in no on me on MEES on ES
- 4:20:48this isn't is not oh actually it is the
- 4:20:51same candle this
- 4:20:53Yeah, for example on M on ES here there
- 4:20:56is a no wick on me no there is no no
- 4:20:59wick so you see like you can see the why
- 4:21:02am I going so much in depth you can see
- 4:21:05here
- 4:21:07god damn you can see how the difference
- 4:21:09sometimes it's one is going to say there
- 4:21:11is a wick and one of them is going to
- 4:21:12say there is no no wick so in these
- 4:21:14cases
- 4:21:15it doesn't matter which one has the no
- 4:21:18wick you can still take the trade right
- 4:21:20now what do I mean by
- 4:21:22Let's say you want to take this buy
- 4:21:24right here. Actually, that's a good
- 4:21:25example.
- 4:21:27Let's say you want to take the buy right
- 4:21:28here, but you don't want to trade on ES,
- 4:21:31right? You feel like, okay, that's too
- 4:21:33much contracts that it's a you want to,
- 4:21:36let's say, open five micros instead of
- 4:21:38one minute. You don't want to open one
- 4:21:39minute. It's too much. You don't want to
- 4:21:41risk that much. You want to risk less,
- 4:21:43but you can't open less than one minute,
- 4:21:45right? So, you want to open in micros.
- 4:21:47You want to open five micros instead of
- 4:21:49one minute. Then you go on micros and
- 4:21:51you see, oh but Omar, there is no
- 4:21:54there. Let me just do this replay mode
- 4:21:57so that you guys understand it better.
- 4:22:01Boom.
- 4:22:04You go on ES
- 4:22:07and then you're like, I want to take
- 4:22:09this trade, but I don't want to risk one
- 4:22:12minute. I want to risk five micros
- 4:22:14instead. You go to the micros and you
- 4:22:16see, but Omar, it has a wick. It's okay.
- 4:22:19All right. You can still take the trade
- 4:22:21on micros
- 4:22:24and it's fine. I just have it like this
- 4:22:26and one to one. You're like, "But Omar,
- 4:22:28there is no." I know, but it's fine. As
- 4:22:31long as one of them has the knowic, you
- 4:22:33can still take the trade. So, it is all
- 4:22:35right to analyze on one chart and
- 4:22:37execute on one chart. On forex, you
- 4:22:39don't have this problem. But I'm talking
- 4:22:40about futures. If that's the case, it's
- 4:22:43completely fine. You're allowed to
- 4:22:44analyze on one chart and then trade on
- 4:22:47the next chart. Completely fine. All
- 4:22:49right. So, you would see, let's say,
- 4:22:51okay, you saw it on ES. Nice. You don't
- 4:22:53want to take it on ES. You want to take
- 4:22:54it on MEES instead. Then you take the
- 4:22:57trade. Boom. And you hit TP. Okay?
- 4:23:00Because it's going to be the same exact
- 4:23:01move afterwards.
- 4:23:04Now, the reason why I'm saying talk
- 4:23:06about this it's so much in depth is you
- 4:23:09guys going to be surprised how many
- 4:23:10people messed this up.
- 4:23:12>> [snorts]
- 4:23:12>> Now for the time frame on Forex mainly I
- 4:23:16trade on the 15 minutes and above. I
- 4:23:18rarely look at the above or not rarely
- 4:23:20but like usually the rules say okay you
- 4:23:23can trade it on the 15 minutes and
- 4:23:25that's it. One time frame you don't have
- 4:23:27to do multi- time frame analysis. No
- 4:23:29your 15 minutes on forex is your bread
- 4:23:31and butter. If you want to go lower than
- 4:23:34the 15 minutes there is other rules that
- 4:23:35we're going to talk about later but or
- 4:23:38maybe not. I don't think I'm going to
- 4:23:40talk about it later. We'll see. But
- 4:23:42mostly it's going to be on the 15
- 4:23:44minutes that you trade it on forex. On
- 4:23:46futures, you can trade on the 15 minutes
- 4:23:49and the five minutes, whichever you
- 4:23:50prefer. But before you come and start
- 4:23:52nagging, listen, the 15 minutes in
- 4:23:55general works better. Like whenever it's
- 4:23:57on the 15 minutes, it has a higher win
- 4:23:59rate. But you're not going to find so
- 4:24:01many setups on the 15 minutes. That's
- 4:24:03why personally I prefer to trade it on
- 4:24:05the 5 minutes. All right. Now, if you
- 4:24:07okay with taking let's say only one
- 4:24:09trade a day, then the 15 minutes is
- 4:24:11good. But if you like know you like to
- 4:24:13take more trades, the 5 minutes is
- 4:24:15better cuz on the 5 minutes you're going
- 4:24:17to have more frequency.
- 4:24:19Now, even the even although yes, the 15
- 4:24:23minutes has like 5% higher win rate.
- 4:24:25It's fine. On the five minutes, you're
- 4:24:27going to have more frequency aka it's
- 4:24:28gonna make it up for it. Like let's say
- 4:24:31instead of on the five minutes, you'll
- 4:24:34be able to catch let's say 20 trades.
- 4:24:36Okay, but you're going to have only 80%
- 4:24:38win rate. In this case, you're going to
- 4:24:40have 16 wins
- 4:24:43and four losses.
- 4:24:45So, you'll have total of 12 R. 16 - 4,
- 4:24:50that's 12 R. Now, on the 15 minutes,
- 4:24:52you'll only take 10 trades and you're
- 4:24:54going to have let's say just example 90%
- 4:24:58win rate. Obviously, you're not going to
- 4:24:59have that, but let's say you have 90%
- 4:25:00win rate. In this case, you win nine and
- 4:25:03you lose one. So you'll be left with 8
- 4:25:06R. So your total profit is going to be
- 4:25:08only 8R. On the other hand, here, yes,
- 4:25:10although this has 80% win rate and this
- 4:25:13has 90, here you able to catch 12 R, but
- 4:25:16here you're only able to catch 8R. You
- 4:25:18see what I mean? So yes, although the 5
- 4:25:20minutes have slightly lower win rate,
- 4:25:23but because you're going to be able to
- 4:25:24take more trades, it's going to make up
- 4:25:26for it. So that's why I prefer on
- 4:25:28futures the 5 minutes, but if you don't
- 4:25:30feel like you're that aggressive, you
- 4:25:31prefer the 15, you can still go for it.
- 4:25:34And on the forex, I personally love the
- 4:25:3615 minutes. That's like my bread and
- 4:25:38butter.
- 4:25:40Now, what we're going to talk about is
- 4:25:42going to be trading sessions.
- 4:25:44So, with this strategy, you can it you
- 4:25:49can trade why am I talking? Let me just
- 4:25:51read. Trading sessions can be traded in
- 4:25:55all trading sessions on both forex and
- 4:25:58futures. Asia, London, New York.
- 4:26:00So this strategy you can trade Asia
- 4:26:02session, London session, New York
- 4:26:04session. We're not looking at the
- 4:26:07opening, you know, of a certain session.
- 4:26:09No, you can trade whichever session you
- 4:26:10want, whenever you want, whatever you
- 4:26:13want. And I'm stressing about this
- 4:26:15especially for futures traders. Okay?
- 4:26:17Now,
- 4:26:19I don't know why most of futures traders
- 4:26:21think you can you only supposed to trade
- 4:26:24New York. No, you're not only supposed
- 4:26:26to trade New York. Yes, you can trade in
- 4:26:27Asia, London, New York. Now, before you
- 4:26:29ask me which one you prefer.
- 4:26:33Oh, yeah. I'm going to show you the no
- 4:26:34train zone. Before you ask me which one
- 4:26:36you prefer,
- 4:26:38I'm not I know the answer. I know which
- 4:26:39one has the higher win rate, but I'm not
- 4:26:41going to give you the answer. I'm going
- 4:26:42to tell you it's none of your business.
- 4:26:43You know why? Because every time I tell
- 4:26:45someone which one is the best session,
- 4:26:47bro, they ruin their whole sleeping
- 4:26:49schedule just to be trading that certain
- 4:26:51session. And I don't like that. I
- 4:26:53genuinely don't like that. Like, come
- 4:26:54on, guys. You need to have fix your
- 4:26:56better mental health. Your metal your
- 4:26:59mental health is more important than
- 4:27:01trading. So don't fix your
- 4:27:04sleeping schedule according just to your
- 4:27:07trading. You know what I mean? Like I
- 4:27:09don't want to see you trading certain
- 4:27:12session just because this session has a
- 4:27:13higher win rate when it might be 2 a.m.
- 4:27:15for you. Because imagine you live in I
- 4:27:17don't know in the US. If you live in the
- 4:27:19US, it wouldn't make sense for you to
- 4:27:21trade London session, for example,
- 4:27:23because that's going to be midnight for
- 4:27:24you. Or if you live in Europe, it's not
- 4:27:27going to make sense for you to trade
- 4:27:28Asia because that's going to be midnight
- 4:27:29for you. Or if you live in Asia, it's
- 4:27:32not going to make sense for you to trade
- 4:27:33New York. That's midnight for you.
- 4:27:35That's why don't stress about it. All
- 4:27:37right? This strategy can be traded on
- 4:27:39all trading sessions. Now, before we do
- 4:27:42so, I want to just let you know one
- 4:27:44thing. Only time you should not be
- 4:27:46trading is the no trading zone. And you
- 4:27:50will be able to find the no trading zone
- 4:27:51in the free indicator. Okay. So before
- 4:27:54you ask me what time is it and how do I
- 4:27:56know this time in my time zone, it's
- 4:27:57going to be automatic for you in the
- 4:28:00indicator.
- 4:28:02Now what is the no trading zone? This is
- 4:28:04the no trading zone.
- 4:28:06The no trading zone is a time where I
- 4:28:09don't want you to be trading for so many
- 4:28:11reasons. I'm going to give you a couple
- 4:28:13of the reasons. Actually, you know what?
- 4:28:14Let me give you a couple of the reasons.
- 4:28:17Reasons
- 4:28:20to not trade
- 4:28:23NTZ, no trading zone. Reason number one,
- 4:28:31first reason why you shouldn't be
- 4:28:32trading the no trading zone is simply on
- 4:28:35both forex and futures, pro firms don't
- 4:28:38allow it. [laughter]
- 4:28:40So let's say on Lucid you're not allowed
- 4:28:43to trade between these hours. It's just
- 4:28:44like they take the break. Same thing on
- 4:28:46let's say on Lucid which is futures.
- 4:28:49Let's say on Alpha Capital which is
- 4:28:51forex they also don't allow you to trade
- 4:28:52during these hours. So first reason why
- 4:28:55you shouldn't be trading no trading zone
- 4:28:57profits don't allow it. Second reason
- 4:29:00this for forex spreads is super high
- 4:29:05during
- 4:29:07these hours.
- 4:29:10Third reason why you shouldn't be
- 4:29:11trading during the no trading zone
- 4:29:15is going to be price action
- 4:29:19is
- 4:29:21that that's the respectful part. Price
- 4:29:23action is usually bad during these
- 4:29:24hours. You can see like it's always
- 4:29:26consolidating during these hours. That's
- 4:29:28why I don't and then sometimes you see
- 4:29:30these gaps consolidating. That's why I'm
- 4:29:33not a big fan of trading the no trading
- 4:29:34zone. All right. [snorts] Now, three
- 4:29:37rules for the no trading zone.
- 4:29:40Close any trade before we tap
- 4:29:44into the no trading zone. So, let's say
- 4:29:46you are in this trade. Just
- 4:29:47hypothetically,
- 4:29:49you are in this trade
- 4:29:52before we tap the no trading zone. So,
- 4:29:54here that's when I would close the
- 4:29:56trade. Now, I don't care if you're in
- 4:29:58profit. I don't care if you're in draw
- 4:29:59down. Regardless, close the tra the
- 4:30:02trade before we tap the no trading zone.
- 4:30:04All right? I don't want you to be in
- 4:30:06this bad price action. So, whatever
- 4:30:08happens, close the trade before we go to
- 4:30:10the no trading zone. That's rule number
- 4:30:12one. Rule number two, any no inside of
- 4:30:15the no trading zone is not valid. So,
- 4:30:17you see this no, let's say it was valid,
- 4:30:21you're not allowed to take it neither in
- 4:30:23the no trading zone nor after it.
- 4:30:27So, if you see this noick inside of the
- 4:30:29no trading zone and then after it we tap
- 4:30:32it, no, you're not allowed to take it.
- 4:30:33You still want the noick wherever
- 4:30:36whatever you want it to be outside of
- 4:30:38the no trading zone. So you imagine this
- 4:30:40as if this is the how the no trading
- 4:30:42zone looks like. Oh Like this you
- 4:30:45cannot see it. All right. You cannot see
- 4:30:48the no trading zone. Third rule. You're
- 4:30:51only allowed to start trading after the
- 4:30:53no trading zone ends which is here. So
- 4:30:55only after the no trading zone. Yes,
- 4:30:56you're allowed to take new trades and
- 4:30:59that's it pretty much. Okay. So rule
- 4:31:01number one, close any trade before we
- 4:31:02tap the no trading zone. When profit or
- 4:31:04loss, close the trade. Rule number two,
- 4:31:07I didn't know we can sell the no trading
- 4:31:08zone is not valid. Third rule, allowed
- 4:31:11to to start trading after the no trading
- 4:31:13zone ends. And by the way, you can
- 4:31:15change the color of it. I don't know. I
- 4:31:17have it like this. But like you want to
- 4:31:19see the original colors.
- 4:31:23It's ugly actually. I don't know why.
- 4:31:25Shout out to my student who made it. But
- 4:31:28that's how it looks like, brother. Ew.
- 4:31:31No, I don't like how it looks like. Let
- 4:31:33me remove this.
- 4:31:35This is how I have it. Yeah. Or like
- 4:31:38this. Whatever. Anyway, that's it for
- 4:31:41the no trading zone. All right. Is it
- 4:31:43clear? I hope it's clear. Now, we're
- 4:31:44going to be moving to the advanced
- 4:31:47advanced advanced stuff. So, let's get
- 4:31:49it. So, now we're going to actually now
- 4:31:51we're digging into the nice stuff. All
- 4:31:52right. So, we're going to be back
- 4:31:54testing. So, now we're digging into the
- 4:31:56real serious stuff. So now what we're
- 4:31:58going to talk about is the difference
- 4:31:59between the A setup versus C setup. And
- 4:32:02by the way, I only want you to take A
- 4:32:03setups. All right? There is no point in
- 4:32:05taking C setups. Look, C setups do work,
- 4:32:08but at the end of the day, you're
- 4:32:09dropping your win rate by a lot. So if
- 4:32:11you want to actually have the 85% win
- 4:32:14rate, you have to stick to only and only
- 4:32:17to the A setups. All right? Because the
- 4:32:19C setups, they do work, but they have a
- 4:32:21lower win rate. I'm personally not a big
- 4:32:23fan of it. All my students, no one uses
- 4:32:25C setup and I would recommend you to not
- 4:32:27do that as well. I still want to teach
- 4:32:29it to you not so that you trade it
- 4:32:31actually so you don't trade it and so it
- 4:32:33doesn't ruin your trading flow. All
- 4:32:36right, now let's get with it. So this is
- 4:32:39how a perfect example for a setup would
- 4:32:40be. Right, let's say here we're in a
- 4:32:42clear uptrend. So we had a low high,
- 4:32:44higher low, higher high, higher low,
- 4:32:46higher high, higher low, higher high.
- 4:32:47Right? To save some time, I'm just going
- 4:32:50to mark up the higher low and then the
- 4:32:52higher high. Now,
- 4:32:55this was a confirmed higher low, right?
- 4:32:57What happened after we broke this most
- 4:32:58recent higher low? We got a change of
- 4:33:01character.
- 4:33:03So, here we got a bearish change of
- 4:33:05character. Perfect. And now we have a
- 4:33:08lower high, lower low. So, we got a
- 4:33:11break of structure here.
- 4:33:15Now, this became the most recent lower
- 4:33:17high
- 4:33:19and this became the most recent lower
- 4:33:21low. Now why is this an A setup? This is
- 4:33:24an A setup because the trend has
- 4:33:26confirmed and that that switch from an
- 4:33:29uptrend to a downtrend. It did the three
- 4:33:31steps confirmation. You remember the
- 4:33:32three steps confirmation in the earlier
- 4:33:34in this video. So it did the three steps
- 4:33:36confirmation change of character break
- 4:33:39structure. So it did first one change of
- 4:33:42character created lower high without
- 4:33:44breaking the highs. Third one we did the
- 4:33:46break structure to the downside. So it
- 4:33:48did the three steps confirmation. Now
- 4:33:50it's officially switched from a uptrend
- 4:33:52to a downtrend. Change of character
- 4:33:54break structure. We're good. Then we got
- 4:33:56a bearish noick. That's perfect. Now we
- 4:33:59have a bearish noick in a confirmed
- 4:34:01bearish trend. That's why it's okay to
- 4:34:03take this trade. Stop loss at the most
- 4:34:05recent high with some breathing room and
- 4:34:07take profit one to one. And once we
- 4:34:10price comes back to the no, we can
- 4:34:12expect it to do something like this. Now
- 4:34:16we know this is a confirmed downtrend.
- 4:34:18That's why it's more likely to continue
- 4:34:19the trend rather than reversing, right?
- 4:34:22Cuz now we have we expecting to do
- 4:34:24something like this, like this, like
- 4:34:25this, like this, like this, like this.
- 4:34:26And even if we didn't, even if without
- 4:34:28the having the noick, if we didn't even
- 4:34:30do like let's do this. Even without the
- 4:34:33knowic, we can predict price to do
- 4:34:35something like this, right? Because it's
- 4:34:37a confirmed downtrend. So imagine all of
- 4:34:39this with the noic as well. That's extra
- 4:34:41extra confluences. Now, this is a
- 4:34:44perfect example of a C setup. You see
- 4:34:46how how we have a low high higher low
- 4:34:48higher higher low higher higher low
- 4:34:50higher high. Perfect.
- 4:34:52So we have the breaker structure here.
- 4:34:57This was the most recent higher low.
- 4:35:02For some reason my AC is tripping. This
- 4:35:05was the higher high. So as you can see
- 4:35:07here we had a change of character.
- 4:35:10Right? Boom. Now is this a confirmed
- 4:35:13downtrend? First of all, well, if you
- 4:35:15watch this video from the beginning, if
- 4:35:16you watch the trend part, the market
- 4:35:18structure part, you would already know
- 4:35:19the answer. No, this is not a confirmed
- 4:35:21downtrend. Why? Because it only did the
- 4:35:23one-step confirmation. It didn't do the
- 4:35:25three steps confirmation. We only got
- 4:35:27change of character and that's it. We
- 4:35:29didn't get a break structure after it.
- 4:35:31So, what happens here when price comes
- 4:35:33back and taps the noick? Yes, there is a
- 4:35:36high chance that we're going to do
- 4:35:37something like this. And now we have a
- 4:35:38high low, lower high, lower low, and
- 4:35:40this would be the break structure. But
- 4:35:43there's also a high chance that price is
- 4:35:46just going to ignore the noick and go
- 4:35:48and hit our stop loss. Because think
- 4:35:49about it, if you want to take this trade
- 4:35:51right here, where are you going to put
- 4:35:52your stop loss? Remember what the rule
- 4:35:54of the stop loss is? Put your stop loss
- 4:35:56at the most recent lower high. There is
- 4:35:58no most recent lower high, confirmed
- 4:36:00lower high as well. There is no
- 4:36:01confirmed lower high. So, you have to
- 4:36:03put it at the highs. That's why this is
- 4:36:05very risky. The reason why this is risky
- 4:36:08is because
- 4:36:10this could be something called a fake
- 4:36:12out. So why could it be a fake out?
- 4:36:13Because think about it. All right, I'm
- 4:36:16not talking about me. I'm talking about
- 4:36:17most average traders. And you guys
- 4:36:20wouldn't fall for this because you
- 4:36:21learned from me humbly. So
- 4:36:24most people after the change of
- 4:36:26character, what they start doing is they
- 4:36:27start selling. And now I'm explaining to
- 4:36:29you the psychology behind why I don't
- 4:36:32like C setups and why they actually
- 4:36:34don't work as good. Most people after
- 4:36:36they see a change of character, they
- 4:36:37say, "Oh yes, let's go." Now we switched
- 4:36:39from an uptrend to a downtrend, now it's
- 4:36:41time to start selling. And I'm not
- 4:36:43talking about the noick, by the way. I'm
- 4:36:44talking in general, like even without
- 4:36:45the noick. Let's remove the noick. Boom.
- 4:36:48After the change of character, people
- 4:36:50start selling. So what they do here is
- 4:36:52they sell,
- 4:36:54they put actually, you know what? Let me
- 4:36:56explain it in depth. Maybe you're genius
- 4:36:59guy who's actually wondering. You see
- 4:37:01how here we got break structure. Most
- 4:37:03people here would start buying. Where
- 4:37:06would they put their stop loss? At the
- 4:37:07most recent higher low. Where would they
- 4:37:09put their TP? We don't care where they
- 4:37:10put their TP. Market makers can only
- 4:37:14push price when they stop out people
- 4:37:15because that's what's called liquidity.
- 4:37:17So they have to stop people out in order
- 4:37:19for them to start taking trades because
- 4:37:22they want to have big, you know, big
- 4:37:24trades. So what do they do here? They
- 4:37:28come down. They stop all the buyers. So
- 4:37:31all the buyers now are stopped out. All
- 4:37:32the buyers, they hit stop loss. And then
- 4:37:36I'm telling you what retail traders
- 4:37:38would see. They would see here a change
- 4:37:40of character. So all the ones who got
- 4:37:41stopped out here, they're like, "All
- 4:37:43right, it. We're out of this buys.
- 4:37:44But now we had a change of character.
- 4:37:46Let's start selling." And that's exactly
- 4:37:48the second trap. So you would have full
- 4:37:50fell for the first trap. And remember,
- 4:37:52most people don't even have they don't
- 4:37:54put their breathing room here. So they
- 4:37:57wouldn't even be able to protect
- 4:37:58themselves. And that's one of the
- 4:37:59reasons why we put breathing room cuz
- 4:38:00usually they would have it like this.
- 4:38:01they would get stopped out and then they
- 4:38:03would fall for the first trap. The way
- 4:38:05we avoid the first trap is the breathing
- 4:38:06room. Now, second trap they would fall
- 4:38:09for, they would be like, "Oh, we had a
- 4:38:11change of character. Let's start selling
- 4:38:12now. Let's put our stops at the highs
- 4:38:16and TP out of nowhere." Okay. Now, the
- 4:38:19market makers are going to tell them,
- 4:38:21"Okay, you think you're smart. Welcome
- 4:38:23to the second trap. This one right here,
- 4:38:25we just lied to you and now we're going
- 4:38:28to stop you out again." Boom. and they
- 4:38:30start pushing the market in the same
- 4:38:32direction they wanted to push it in the
- 4:38:34first place. And that's why this is
- 4:38:35called a fake out because it faked
- 4:38:36people out. People thought we going to
- 4:38:38start going down. In reality, we're not
- 4:38:40going to do that. And then people get
- 4:38:42faked out. So that's why people get
- 4:38:45stopped out here. Now, you might be
- 4:38:46like, okay, how do I avoid this? There's
- 4:38:48so many ways which I might talk about it
- 4:38:50in the end of the video, but I probably
- 4:38:53will. But just for now to make it simple
- 4:38:57if you see a change of character without
- 4:38:59the breaker structure that's not confir
- 4:39:01confirmed downtrend in this case I'm in
- 4:39:03like in a neutral phase I don't want to
- 4:39:05take these cells and I don't want to
- 4:39:07take any buys I would just simply ignore
- 4:39:09this trend all right
- 4:39:13now I actually explained it good I
- 4:39:15believe I wish someone explained to me
- 4:39:17like this when I first started trading
- 4:39:19all right anyway that's a realistic
- 4:39:21example of a setup cuz obviously the
- 4:39:23charts are not going to look this sweet.
- 4:39:25[laughter] I wish it did, but it's not
- 4:39:27going to do that. So, this is a more
- 4:39:28realistic example of a setup. You see,
- 4:39:30we have a low, high, higher, low,
- 4:39:32higher, high, internal structure. High,
- 4:39:33higher, low, higher, high, higher, low,
- 4:39:36higher, high. Then here we have the
- 4:39:39change of character. Boom.
- 4:39:43Now we have a high, low, lower, higher,
- 4:39:45lower, low. So, here we have a break of
- 4:39:47structure.
- 4:39:53Boom. Now we have a high, low, lower,
- 4:39:56high, lower, low. Boom, boom, boom.
- 4:39:57Internal structure. Then something like
- 4:39:59this. Break structure here. And now
- 4:40:02you're like, okay, cool. But Omar, where
- 4:40:04is the most recent lower high? I'm tell
- 4:40:06you, do the snake method. Come back. Oh,
- 4:40:09I found it. Perfect.
- 4:40:11You enter the cell, stop loss at the
- 4:40:14most recent high, and then TP1 12:1 or
- 4:40:17so on. All right, that would be a
- 4:40:19perfect a setup. You see how we had a
- 4:40:21change of character break structure
- 4:40:22break structure. Now this is good to go.
- 4:40:25Most likely in this case price is going
- 4:40:27to do this and then keep pushing in the
- 4:40:30same direction where we're going.
- 4:40:32Now this is a more realistic example of
- 4:40:34a C setup and that's the trap most of
- 4:40:36you guys would fall for. Right? So we
- 4:40:39have a high low lower blah blah blah all
- 4:40:41of that BS. Let me just do the screen. I
- 4:40:44don't know why I forgot to do that.
- 4:40:46And then here we have that change of
- 4:40:49character. Correct?
- 4:40:51Bearish change of character.
- 4:40:54Now we have a high, low, potential lower
- 4:40:57high. And that's it, right? It's because
- 4:40:59now you think about it, we have a high,
- 4:41:01we have a low, and then people like,
- 4:41:04okay, this is a lower high. No, it's not
- 4:41:05a lower high yet. Why? Because we didn't
- 4:41:07break the lows. So before we break these
- 4:41:09lows, this is still not a lower high. It
- 4:41:12only becomes confirmed after we get a
- 4:41:14break structure. So now have a change of
- 4:41:16character but yet here we don't have a
- 4:41:17break structure even if this was like
- 4:41:19this this would be just the wick right.
- 4:41:21So in this case this we didn't do the
- 4:41:25three steps confirmation yet. So most
- 4:41:27people here or not most people like most
- 4:41:29people I've seen doing this pre column
- 4:41:31mistake after we tap the noick they
- 4:41:34would go they would take the cell have
- 4:41:36their stop loss here and then one to one
- 4:41:38and then they come and tell me Omar but
- 4:41:39why did we hit stop loss in this case?
- 4:41:41I'll tell them because you didn't wait
- 4:41:42for the confirmation. You only had a
- 4:41:44change of character and you never had
- 4:41:46the breaker structure after. So why you
- 4:41:47expecting this to work out? You know
- 4:41:49what I mean? This was just a potential
- 4:41:51lower high. This wasn't a confirmed
- 4:41:52lower high. Now let's have a real quick
- 4:41:54example on a setups and C setup. This is
- 4:41:58a really good example of a setup. Low
- 4:42:00high, higher low, higher high, higher
- 4:42:01low, higher high, higher low, higher
- 4:42:03high. We got a bullish candle with no
- 4:42:05bottom wick.
- 4:42:07Once price tabs the no, that's it. We
- 4:42:10enter the buy stop loss at the most
- 4:42:12recent higher low TP one to one and then
- 4:42:16you just set and forget and you let the
- 4:42:18magic happen. You see simple now
- 4:42:23or you can see like we had a break
- 4:42:25structure break structure break
- 4:42:26structure that's why it's a a setup. Now
- 4:42:28there's example of a C setup. You see
- 4:42:30how we have the high low lower high
- 4:42:32lower low high lower low high lower low
- 4:42:36whatever I wouldn't count this as
- 4:42:38structure lower high lower low lower
- 4:42:40high lower low and then we have the
- 4:42:41change of character so now we have a low
- 4:42:43and a high and that's it so if price
- 4:42:45comes back and taps the noick this would
- 4:42:48be a mistake to do now this you going to
- 4:42:51see like this is a C setup at the end of
- 4:42:52the day the C setup still have you know
- 4:42:54like 65 to 70% win rate which is not
- 4:42:57terrible and you can see funny enough.
- 4:43:02Yes, that's good. H it would have still
- 4:43:05worked out but that's not something good
- 4:43:08to do. All right, this is not good thing
- 4:43:10to do because this is a C setup and most
- 4:43:14of the time you would end or not
- 4:43:15actually not most of the time most of
- 4:43:17the time you will end up winning but
- 4:43:19it's not as you don't have as high win
- 4:43:21rate and I would highly recommend you to
- 4:43:23avoid trading C setups. All right.
- 4:43:27Now, we're going to move to the Omar
- 4:43:30entry. So, what is an Omar entry? In a
- 4:43:32very, very simple way and then we're
- 4:43:34going to start actually going to the
- 4:43:35advanced stuff. An Omar entry is pretty
- 4:43:39much sometimes what happens is you see
- 4:43:41how we have a low, high, higher, lower
- 4:43:42high, higher high. Price decides to not
- 4:43:45tap the NOIC. This is not very common,
- 4:43:47but sometimes price doesn't come and tap
- 4:43:49the noick and instead goes and hits TP.
- 4:43:52Now this is usually more common in forex
- 4:43:55than futures and this is mostly common
- 4:43:57on JPY pairs. So any pair that has JPY
- 4:44:00this is very common in it. So what
- 4:44:02happens is price let's say you want to
- 4:44:04take this you have your buy limit you
- 4:44:07have your stop loss at the most recent
- 4:44:08higher low you have your TP at one and
- 4:44:11then what happens here which is very
- 4:44:13common price would tend to come close to
- 4:44:16the noick
- 4:44:18especially on JPY pairs and after that
- 4:44:21it goes and hits TP so Omar that's why
- 4:44:24it's called Omar entry I've realized
- 4:44:26this happening so many times and I was
- 4:44:29like bro like it happens like around 35
- 4:44:315% of the time and I was like, "Bro,
- 4:44:33this is pissing me off. Why is it not
- 4:44:35tapping my entry and then it goes and
- 4:44:37hits TP, you know what I mean?" So, I
- 4:44:40kept back testing and back testing and
- 4:44:42practicing. Funny enough, I was
- 4:44:43practicing with one of my students, his
- 4:44:44name is Zach, and we were just back
- 4:44:46testing and practicing and practicing
- 4:44:47and we found the sweet spot on what to
- 4:44:49do. So, think about it. If price tends
- 4:44:51to come close and then hit TP, what's
- 4:44:53the easy solution to that? Don't enter
- 4:44:56on the noick. Enter a bit before that.
- 4:44:59Now, I'm like, "Okay, cool. full but how
- 4:45:01many pips early or when do I know know
- 4:45:04when to take the normal entry and when
- 4:45:05to take an arm entry. I have a really
- 4:45:08really really really long video about
- 4:45:09this in Discord and I always talk about
- 4:45:12this because this is mostly price action
- 4:45:15how to know when to enter this and when
- 4:45:16to know when to enter that. But if
- 4:45:18you're new to the strategy, what I would
- 4:45:19recommend you to do is this. Whenever
- 4:45:22you stop loss is more than 10 pips,
- 4:45:24right? More than 10 pips without
- 4:45:26breathing room. All you can all you got
- 4:45:28to do is enter two pips early. So don't
- 4:45:31enter at the no. You can enter two pips
- 4:45:33earlier. Only when your stop loss is
- 4:45:35more than 10 pips. Now why why am I
- 4:45:38saying more than 10 pips? That's when
- 4:45:40you should enter two pips early because
- 4:45:42think about it. If your stop loss was,
- 4:45:44let's say, five pips. All right.
- 4:45:49You know what? Let's do it here.
- 4:45:53Let's say your stop loss was something
- 4:45:54like this. Five pips. Perfect.
- 4:45:57Perfect. If you want to take an Omar
- 4:46:00entry here and you want to raise your
- 4:46:02your entry by two pips, look at this.
- 4:46:05You ruined your RR. And now when you're
- 4:46:08going to increase it again, look what
- 4:46:10you did. Now you increase your TP too
- 4:46:13much. So instead of having it something
- 4:46:15like this, boom, boom, one to one. Look
- 4:46:21what you're targeting now. You're
- 4:46:22targeting basically 1.7. And that's why
- 4:46:24I'm not a big fan of this. You're going
- 4:46:26to end up ruining your psychology
- 4:46:28because your win rate is going to drop
- 4:46:29if you do that. Now, when your stop loss
- 4:46:31is more than 10 pips, and I'm talking 10
- 4:46:33pips before breathing room, all right?
- 4:46:37If you now increase your stop loss by
- 4:46:38two pips, see Not a huge damage
- 4:46:42happened. It just dropped from 1 one to
- 4:46:450.85. Now in this case as well after
- 4:46:48that I would just adjust it and make it
- 4:46:501 one again. All right. This is the
- 4:46:52reason why I'm giving you this simple
- 4:46:54rule of 10 pips. So you don't really
- 4:46:56need to know why. Just keep it simple.
- 4:46:59Whenever
- 4:47:01SL is more than 10 pips,
- 4:47:09you can enter
- 4:47:12two pips earlier. That's it. All right.
- 4:47:16Very easy, very simple. Now, this is a
- 4:47:18example of an Omar entry. Let's see.
- 4:47:22Let's measure from here to the stop loss
- 4:47:24is 10.5 pips. You see 10.5 pips. Or let
- 4:47:28we can do this because some of you guys
- 4:47:29are used to doing this. Boom. You see 10
- 4:47:32point something. In this case, I'm
- 4:47:33allowed to enter two pips earlier.
- 4:47:36Boom. Or in this specific case, I
- 4:47:38wouldn't even be two pips earlier. I
- 4:47:40would just be entering here pretty much.
- 4:47:43And then
- 4:47:45take profit one to one. Boom.
- 4:47:49And you can see what would have
- 4:47:50happened. So in this specific case, if
- 4:47:52you wanted to take the normal entry, you
- 4:47:55wouldn't have been able to take the
- 4:47:56trade. But because you saw the OMR
- 4:47:58entry, you took an OMR entry, you would
- 4:48:00have been catching this win and would
- 4:48:01have taken you like 15, 30 minutes to
- 4:48:04hit DP. So yeah, that's it pretty much
- 4:48:06for the Omar entry. And now we're going
- 4:48:08to move to the real strategy before we
- 4:48:12actually start back testing. Let's get
- 4:48:14it. All right. All right. So now we move
- 4:48:16into the advanced part and this is the
- 4:48:18going to be the last part before we
- 4:48:20start the back testing. So lock in. And
- 4:48:23these are the main core rules of the no
- 4:48:25strategy. you most probably now know
- 4:48:26most of them. There's a couple of rules
- 4:48:28that I didn't mention. So, let's get it.
- 4:48:31You should be good and then we're going
- 4:48:32to start back testing. Now, just I want
- 4:48:34to say one thing real quick. Regardless
- 4:48:37if you know the strategy, regardless if
- 4:48:38you're new here, regardless if you've
- 4:48:40been trading the strategy and
- 4:48:42profitable, regardless of anything, if
- 4:48:43you straight up skip to this part,
- 4:48:46you're not going to be able to
- 4:48:47understand what I was talking about,
- 4:48:49right? Cuz or no, actually, no. If you
- 4:48:51know the strategy then and you skip to
- 4:48:52this part, it's fine. But like then you
- 4:48:54didn't benefit from this video. But if
- 4:48:56you're new here and you directly skipped
- 4:48:58here, trust me, you're not going to
- 4:49:00understand when we started live
- 4:49:02practicing because you're not going to
- 4:49:03understand the way I read market
- 4:49:04structure. So especially the market
- 4:49:06structure part. This is very important
- 4:49:08you understand. And then otherwise
- 4:49:10you're going to have so many questions
- 4:49:11you're going to ask me. Oh, but how do
- 4:49:13you trade the strategy on futures? Oh,
- 4:49:15but what's no trading zone? Oh,
- 4:49:20what is the three steps confirmation?
- 4:49:22Oh, what is this? What is that? So, all
- 4:49:23of this I'm not going to go over again
- 4:49:25cuz obviously I don't know how long this
- 4:49:27video is right now, but it's like pretty
- 4:49:29long video and I I can't repeat
- 4:49:32everything that I just mentioned. So,
- 4:49:33this is like basically a summary of what
- 4:49:35we've been talking about and then after
- 4:49:38that we're going to start the live back
- 4:49:39test. So, let's get it. These are the
- 4:49:42rules to take the NOIC trade a noic
- 4:49:45trade sorry. So, whenever you see these
- 4:49:47rules you're allowed to take a no trade.
- 4:49:49So, first rule trade with a trend only.
- 4:49:52If you have a bullish trend plus a
- 4:49:54bullish noick, that means we're going to
- 4:49:55enter a buy. If you have a bearish trend
- 4:49:57plus a bearish noick, that means we're
- 4:49:59going to enter a sell. You already know
- 4:50:01this by now. Second rule, stop-loss
- 4:50:04rules. By the way, take a screenshot of
- 4:50:07this actually or draw it or pause the
- 4:50:09video and draw everything because this
- 4:50:11like this is the rules. Especially if
- 4:50:13you're new here, before taking any
- 4:50:15trades, you have to follow all of these
- 4:50:17rules. This is the best way to do it.
- 4:50:18You know, that's why I love the strategy
- 4:50:20because this is not subjective. Now, now
- 4:50:21you have a list of rules that you have
- 4:50:24to follow. You follow them, then you
- 4:50:27take the trade. After, if you follow all
- 4:50:29the rules, if you win, great. If you
- 4:50:32lose, good. As long as you follow the
- 4:50:34rules. All right, that's the best part.
- 4:50:36You don't It's not like ICT you have
- 4:50:38thousands [snorts] different rules and
- 4:50:40they all over the place. And then F
- 4:50:43value, gap, inverse, S&s,
- 4:50:46equilibrium. Oh, we did this. Oh, look
- 4:50:48at the higher time frame. Oh, now let's
- 4:50:50go to the lower time frame. Oh, but we
- 4:50:52did this and this and this. Oh, but we
- 4:50:54did. No need for all of that. You have a
- 4:50:55set of rules. Set of rules. You follow
- 4:50:57them. That's it. I back in the days used
- 4:51:00to write them on a sticky paper and have
- 4:51:02them on my laptop. So that way I could
- 4:51:04always remember my rules. And after each
- 4:51:06trade, I want you to look at the rules
- 4:51:08and say, did I follow all the rules? If
- 4:51:09the answer is yes, then regardless if it
- 4:51:12was a win or a loss, it doesn't matter.
- 4:51:14You did the right decision. Okay, now
- 4:51:16let's get into it. So trade with a trend
- 4:51:18only bullish trend plus bullish no equal
- 4:51:20buys. Bearish trend plus bearish no
- 4:51:22equal sells. Now stop loss rules for
- 4:51:25buys the higher low. For sells it's the
- 4:51:28lower high. So in this case let's say
- 4:51:29we're in uptrend. We got the bullish
- 4:51:31noick. Boom. Once price taps the noick.
- 4:51:35We got into the buy
- 4:51:38for buy stop loss equals higher low. All
- 4:51:40right. Boom. And then second rule don't
- 4:51:44forget the breathing room. All right.
- 4:51:46I'm not going to forget the breathing
- 4:51:47room. Minimum stop loss equal five pips
- 4:51:50before breathing room. And this is only
- 4:51:51for forex. So for forex, if your stop
- 4:51:54loss is less than five pips, don't take
- 4:51:56the trade anymore. Okay? If it's more
- 4:51:58than five pips, then fine, you can take
- 4:51:59it. And that's before the breeding room.
- 4:52:01This is very important because if you
- 4:52:03take trades with the when your stop loss
- 4:52:05is less than five pips, you're not going
- 4:52:07to be able to actually make money
- 4:52:09because spreads, commission, slippage,
- 4:52:12and all of that. So that's why it's very
- 4:52:14important you take this rule into
- 4:52:15consideration if you're a forex trader.
- 4:52:17If you're futures, this rule is a bit
- 4:52:19more flexible. You know, you don't have
- 4:52:20a hard minimum stop-loss rule. I have
- 4:52:23it, but also talk about I'm going to
- 4:52:24talk about it maybe later as well. So
- 4:52:28the minimum stop-loss rule for Forex is
- 4:52:30five pips before beating room. Okay. So
- 4:52:34stop loss here with some breeding room.
- 4:52:36Okay, it's more than five pips. Nice.
- 4:52:38Take profit fix one to one. We make it
- 4:52:401:1. Nice. Omar entry only if the stop
- 4:52:43loss is above 10 pips. So this one is 31
- 4:52:4632 33. Boom. That's the Omar entry and
- 4:52:49then I extend this to one to one.
- 4:52:51Perfect. Invalid conditions. Do not take
- 4:52:54the trade in these cases.
- 4:52:56If price comes close to the no, then it
- 4:52:58hits the P. You didn't take an Omar
- 4:53:01entry. In this case, the trade is not
- 4:53:02valid. What do I mean by that? So let's
- 4:53:04say you have your entry here. Okay, this
- 4:53:08price closed like this and you have your
- 4:53:09buy limit. You're excited. you're going
- 4:53:11to get the trade, right? And then price
- 4:53:13comes close to the NOIC and then you're
- 4:53:15like, you know what, I'm not feeling
- 4:53:16like taking an OMR entry today or maybe
- 4:53:18the top the the stop loss is less than
- 4:53:2110 pips. So, you couldn't take an entry
- 4:53:23and after that price decides to go and
- 4:53:25go and hit TP. In this case, it's not a
- 4:53:29valid trade anymore. Why? Because it
- 4:53:31already gave us the move we want. So,
- 4:53:34the same concept as if we tapped and
- 4:53:36then we hit TP. So if price comes close
- 4:53:39to the noick but doesn't hit and then
- 4:53:41goes and hits TP, it's not a valid trade
- 4:53:44anymore. All right, this is very
- 4:53:45important that you actually understand
- 4:53:46it. So if price comes close to the no
- 4:53:48then hits TP, you didn't take an OMR
- 4:53:50entry, it's not valid. Now you might be
- 4:53:52like, okay, how close is it with the
- 4:53:54range of an OMR entry? So two pips, two
- 4:53:56pips. If it comes within two pips close
- 4:53:58to the no, doesn't tap, hits DP, not
- 4:54:00valid anymore. If price creates this one
- 4:54:04I don't like to have it as a rule but
- 4:54:06because so many people mess it up that's
- 4:54:07why I made it a rule. If price creates
- 4:54:10external structure before tapping change
- 4:54:12of character before tapping. So what do
- 4:54:13I mean by that? Let's say you see the
- 4:54:15noic here right? Amazing.
- 4:54:18Next candle price goes up. Amazing. And
- 4:54:20then we make something like this.
- 4:54:21Something like this. You see we didn't
- 4:54:23come close to the noic.
- 4:54:26We didn't come close to the no. So this
- 4:54:28is technically a valid trade. Right? But
- 4:54:30here the rule says if price creates
- 4:54:32external structure before tapping change
- 4:54:34of character before tapping it's not a
- 4:54:35valid trade anymore. Why? So you see how
- 4:54:37we we made a new structure we made new
- 4:54:39higher low in this case this noic
- 4:54:41wouldn't be valid anymore. And the
- 4:54:43reason for that is when price comes back
- 4:54:46to the noick what is this going to be
- 4:54:49this right here is going to be a change
- 4:54:52of character and that would be the first
- 4:54:54step of switching to an to a downtrend.
- 4:54:57That's why this wouldn't be a valid
- 4:54:58trade because imagine now price decides
- 4:55:00to do something like this and then like
- 4:55:02this and then you can expect to hit stop
- 4:55:04loss, right? That's why this is very
- 4:55:07important rule. If price
- 4:55:09makes structure before tapping the
- 4:55:11noick, you're not allowed to take the
- 4:55:13trade anymore. All right? Because then
- 4:55:16we technically switching the trend when
- 4:55:17whenever we tap the noick. So whenever
- 4:55:20we come and tap the noick
- 4:55:23now, even if this is in in 10 candles,
- 4:55:25this wouldn't be valid. Why? Because we
- 4:55:27made already structure.
- 4:55:30Third rule, trade any session except
- 4:55:32MTZ, no trading zone. So you're allowed
- 4:55:35to trade Asia, London, New York, but
- 4:55:37you're not allowed to trade the no
- 4:55:38trading zone, which you're going to find
- 4:55:39with the free indicator the hours that
- 4:55:41you're not allowed to trade. Do not
- 4:55:44trade consolidation, choppy, sideway
- 4:55:46market. So if the market is looking
- 4:55:48something like this, although yes,
- 4:55:50technically we are still in uptrend, you
- 4:55:52know, let's say something like this. We
- 4:55:54are now in uptrend still. We didn't have
- 4:55:56any change of character but the market's
- 4:55:57just consolidating and then you see a
- 4:55:59bullish noic here don't take this trade
- 4:56:01because here we had a consolidation. So
- 4:56:04even if the last thing that happened was
- 4:56:05a bullish trend still don't take the
- 4:56:08trade. Let me draw it in a better way.
- 4:56:10So if we in uptrend like this and then
- 4:56:12here we start consolidating like this
- 4:56:16and then you see a bullish noic don't
- 4:56:17take the trade because of this price is
- 4:56:19unpredictable when there's
- 4:56:20consolidation. This is would be
- 4:56:22literally a 50/50 chance that we go up,
- 4:56:2550/50 that we go down. So, I hate
- 4:56:29gambling. That's why I don't like to
- 4:56:31trade when the market is not giving me
- 4:56:33clear signals. Now, avoid trading 15
- 4:56:36minutes before and after news. So, 15
- 4:56:39minutes before news, you're not allowed
- 4:56:40to trade. 15 minutes after news, you're
- 4:56:43not allowed to trade. And follow the
- 4:56:45news rules that we went through in
- 4:56:46depth.
- 4:56:48price must return to the noic candle
- 4:56:51with then 10 candles. So if price comes
- 4:56:54back to the noick after the 10 candles
- 4:56:56you're not allowed to take the trade
- 4:56:58anymore. So if price comes back and by
- 4:56:59the way this rarely happens like I might
- 4:57:01even delete it as a rule because it
- 4:57:02doesn't happen very often because
- 4:57:04usually it's going to do structure or
- 4:57:06something in between. So if it comes in
- 4:57:08within one candle good two good three
- 4:57:11good four good but if it comes let's say
- 4:57:13this is the 10th candle you're allowed
- 4:57:15to take the trade. If this is the 10th,
- 4:57:18it doesn't tap it and then on the 11th
- 4:57:20it taps it, you're not allowed to take
- 4:57:21it. 12, 13, 14, same thing. All right.
- 4:57:25So, yeah, these are the rules pretty
- 4:57:26much. Very easy, very simple. Now,
- 4:57:30after you enter the trade, you have to
- 4:57:32set and forget. What do I mean by that?
- 4:57:33So, you take the trade, you're not
- 4:57:35allowed or not not allowed after you
- 4:57:37take the trade, I don't want you to move
- 4:57:39stop-loss, you know, take profit,
- 4:57:42anything like that except in three
- 4:57:43cases. So after you take the trade, just
- 4:57:46leave it. Either we hit TP or we hit
- 4:57:48stop loss. But there's three cases where
- 4:57:50you should actually manage the trade
- 4:57:52manually. First one is obviously the no
- 4:57:54trading zone. So if we're going into the
- 4:57:57no trading zone, then you're not allow
- 4:57:59you should close the trade. That's the
- 4:58:00case where you're not setting and
- 4:58:01forgetting, right? That's the that's one
- 4:58:03of the cases where you have to actually
- 4:58:05interfere in the trade. Second one is
- 4:58:07news. If there's 15 minutes left for
- 4:58:09news, you have to close the trade
- 4:58:11regardless if you're in profit or if
- 4:58:12you're in draw down. Third case where we
- 4:58:15should actually interfere with a valid A
- 4:58:17setup against us, which is very rare and
- 4:58:19doesn't happen very often is whenever we
- 4:58:22get an valid A setup against us. Okay?
- 4:58:27And I'm going actually go more in depth
- 4:58:28about this right now. So, this doesn't
- 4:58:32happen very often, but actually, you
- 4:58:34know what? I'm going use this to explain
- 4:58:37some a concept I haven't explained,
- 4:58:39which most of you guys probably would
- 4:58:40ask me about if I don't explain.
- 4:58:43Oops.
- 4:58:46So,
- 4:58:49actually now let's talk about
- 4:58:52no against us. That's what I'm going to
- 4:58:53write. No against us.
- 4:59:00So, what do you do whenever you get a no
- 4:59:02against us? So, let's say we are in an
- 4:59:04uptrend.
- 4:59:06Boom.
- 4:59:09And then here we have a bullish noick.
- 4:59:13like this.
- 4:59:15Boom. Price taps the noick. We enter the
- 4:59:18buy. Blah blah blah.
- 4:59:20Boom. Now, if we get a no against us,
- 4:59:26let's say a bearish noick here, against
- 4:59:28us, that's fine. All right. You don't
- 4:59:30have to worry about it. You don't have
- 4:59:32to do anything about it. It doesn't
- 4:59:34stress me out too much. Why? Because
- 4:59:36this is not a valid No. Okay. Now let's
- 4:59:40say so that's why like if if this
- 4:59:43happens I'm not worried about it. We yes
- 4:59:45obviously it's not a good sign but we're
- 4:59:47still in a in the good. Why? Because we
- 4:59:49are in a still in a clear uptrend and we
- 4:59:51have a bullish noick. So think about it
- 4:59:53which one would work better a bullish
- 4:59:55noick and a bullish trend or a bearish
- 4:59:57noick and a bullish trend. You know what
- 4:59:59I mean? So that's why I'm not too
- 5:00:01stressed about this.
- 5:00:03Now this could happen doesn't happen
- 5:00:06very often where you have this case for
- 5:00:09example and then you get a let's say
- 5:00:11here you get a bearish noick. Okay this
- 5:00:14one I would be a bit more worried about
- 5:00:16and the reason for that is
- 5:00:19this already did the first step of the
- 5:00:22change of trend. So now we did the first
- 5:00:24step of switching from an uptrend to a
- 5:00:26downtrend. Now, this one I wouldn't be
- 5:00:29really scared of, you know, like, okay,
- 5:00:31cool. Would I still set and forget here?
- 5:00:34Yes, probably. I would still hold this
- 5:00:35trade. I wouldn't be as worried about
- 5:00:37this noick. Uh because like it's not
- 5:00:41like a deal breaker for me. This only
- 5:00:43did the first step of the trend
- 5:00:45shifting, but I didn't do the full trend
- 5:00:47shifting. Now, this one I would be
- 5:00:50scared of and actually I would take
- 5:00:53actions into
- 5:00:56if we're in an uptrend
- 5:00:58and then we get a bullish let's say and
- 5:01:00this doesn't this is the case I was
- 5:01:01telling you about when you should break
- 5:01:03the set and forget and this is doesn't
- 5:01:05happen very often but sometimes it does
- 5:01:07let's say price comes back to the noick
- 5:01:10you enter the buy stop loss at the most
- 5:01:13recent low TP1 right and as I said this
- 5:01:16doesn't happen very often Price
- 5:01:19came back to the noick. Nice.
- 5:01:22Did something like this. Boom. Boom.
- 5:01:24Let's say our TP is just to make it
- 5:01:26easier now for me to draw was something
- 5:01:28like this. And now you see we made a new
- 5:01:30higher low. Higher high.
- 5:01:33Let's say we make a new higher low.
- 5:01:35Higher high. Okay. And here now we got a
- 5:01:39change of character.
- 5:01:41Boom.
- 5:01:46And now we did something like this.
- 5:01:49Something like this.
- 5:01:51And now here we got a break structure.
- 5:01:56And now let's say so you see now we
- 5:01:58switch the trend from an uptrend to a
- 5:01:59downtrend. And now let's say we got a
- 5:02:02bearish noick. Yes, this I would
- 5:02:04definitely be scared about because now
- 5:02:07yes, although I'm in this trade, but
- 5:02:08here we got this valid no. And that's
- 5:02:11why in this case I would actually close
- 5:02:12the buy zone here and enter the sell
- 5:02:14zone here regardless if I was in draw
- 5:02:16down, if I was in profit, I don't care.
- 5:02:18I would get out of this trade and get
- 5:02:19into this trade. Why? Because this trade
- 5:02:21now is valid. So now this trade is not
- 5:02:24valid anymore. And now we enter this
- 5:02:26valid trade. All right? So this doesn't
- 5:02:28happen very often, but this is one of
- 5:02:29the cases where valid a setup against us
- 5:02:33and I would have to break the set and
- 5:02:34forget. I would leave the buys and enter
- 5:02:36the sells in this case. All right.
- 5:02:37Right. So now what I'm going to do real
- 5:02:39quick I'm going to show you two examples
- 5:02:41on the charts with with looking at the
- 5:02:44core rules. So the what reason why I'm
- 5:02:46doing this is I want to show you that an
- 5:02:49example and then show to you based of
- 5:02:51the core rules that how if it should
- 5:02:53meet all the rules and so on. And after
- 5:02:56that we're going to start the back test.
- 5:02:58And the reason why I'm doing this is
- 5:02:59because on the back test you know I'm
- 5:03:01not going to go through every single
- 5:03:02trade in depth. That's why I'm going to
- 5:03:04go in depth right now as if we're
- 5:03:05actually taking the trade and then we're
- 5:03:07going to do the back test. So, as you
- 5:03:09can see, we have a low, high, higher,
- 5:03:11low, higher, high, higher, low, higher,
- 5:03:13high, higher, low, higher, high. Here we
- 5:03:15had the break structure. Perfect. Then
- 5:03:16we got a bullish candle with no bottom
- 5:03:18wick. So, first thing, trade with a
- 5:03:20trend only. Bullish trend plus bullish
- 5:03:22no equal buys. Bullish trend plus
- 5:03:25bullish no equal buys. Perfect. In this
- 5:03:26case, we're going to enter a buy.
- 5:03:30Let's wait for it to come back first.
- 5:03:33Boom. Came back. Stop loss for the buys
- 5:03:37equal higher low. Stop loss for the buys
- 5:03:40equal higher low. Perfect. Don't forget
- 5:03:43breathing room. I'm not going to forget
- 5:03:44that. No problem. Here's some breathing
- 5:03:47room.
- 5:03:51Minimum stop loss equal five pips before
- 5:03:53breathing room. So before breathing
- 5:03:54room, was this more than five pips? Yes,
- 5:03:56it was seven. So we're good.
- 5:04:01Take profit fixed at one. All right,
- 5:04:03this is take profit at 1:1.
- 5:04:09Omar entry only if the stop loss is
- 5:04:11above 10 pips. Well, it's not above 10
- 5:04:12pips. So, no need for an Omar entry.
- 5:04:15If price comes close to the no, then
- 5:04:17hits TP. You don't take you're not
- 5:04:19allowed to take it. Well, it didn't do
- 5:04:20that. If price create external structure
- 5:04:22before tapping, didn't do that. Trade
- 5:04:24any section except no trading zone.
- 5:04:26Well, this is not a no trading zone. You
- 5:04:28see,
- 5:04:30do not trade consolidation, choppy,
- 5:04:32sideway markets. Well, this is a clean
- 5:04:33uptrend, so no, it's fine.
- 5:04:37Price returning to no after 10 candles
- 5:04:40max. Well, it came back within one
- 5:04:42candle. All right, we're good. And boom.
- 5:04:46You see, and this is just to show you
- 5:04:48that all the rules that are put are put
- 5:04:51for a reason because look, this is how
- 5:04:53it would what would have happened if we
- 5:04:55didn't have a breeding room. But because
- 5:04:56of the breathing room, it saved us and
- 5:04:59we didn't hit stop loss. You see what I
- 5:05:01mean? This is just to show you every
- 5:05:02single rule that I have is put for a
- 5:05:04reason. Now, same exact example.
- 5:05:09Um,
- 5:05:10here we were in an uptrend and here we
- 5:05:12had the internal down downtrend and then
- 5:05:15now in uptrend again. We have a low
- 5:05:16high, higher low, higher high, higher
- 5:05:19low, higher high. All right.
- 5:05:22And then we got a bullish candle with no
- 5:05:23bottom wick. Price tab the no that's
- 5:05:26when we enter the buy stop loss at the
- 5:05:29most recent higher low so I'm breathing
- 5:05:31room take profit
- 5:05:34one to one
- 5:05:38and then
- 5:05:40boom
- 5:05:41boom it end up hitting stop loss now why
- 5:05:44did this trade not work out well simply
- 5:05:46because the strategy doesn't have 100%
- 5:05:48win rate and losses are part of the game
- 5:05:51was this not a valid trade no it was a
- 5:05:53valid trade and everything was good
- 5:05:54about it just didn't work out. You see?
- 5:05:56So, I'm showing you this to show you
- 5:05:58like not every single trade is going to
- 5:06:00end up hitting. At the end of the day,
- 5:06:02strategy has 85%, not 100%. And with
- 5:06:05that being said, now let's move to the
- 5:06:06back testing. All right. All right. Now,
- 5:06:09moment of truth. Now, I'm going to be
- 5:06:11doing something not a single online guru
- 5:06:13has its stomach to do. And you might be
- 5:06:17like, "Okay, Omar, what's so special
- 5:06:18about this?" Well, I'm going to tell you
- 5:06:19in a second. So, what we're going to do
- 5:06:21is going to be live back testing. And
- 5:06:23I'm talking live. What do I mean by
- 5:06:24life? We going to go to random bar,
- 5:06:26random days. Days I never traded before,
- 5:06:29never seen before. Or maybe I've traded
- 5:06:31but I don't like back in the days that I
- 5:06:32wouldn't even remember, you know, like
- 5:06:342024, 2025, 2, three years back.
- 5:06:38And here's the thing that I'm doing
- 5:06:41that's going to be super because you
- 5:06:42might be like, okay, Omar, but a lot of
- 5:06:44people done this live back test, right?
- 5:06:46Actually, it's not a lot of people, but
- 5:06:47some people do this. Well, here's what
- 5:06:49they do. Either they already know the
- 5:06:51results. So what they would do is they
- 5:06:52would see let's say this trade okay nice
- 5:06:54this trade worked out and then they
- 5:06:55would be like this and they tell you oh
- 5:06:57now let's start the back test and they
- 5:06:59do this and then they do this and they
- 5:07:01tell you oh okay we found a bearish no
- 5:07:03candle oh price t entering a cell boom
- 5:07:05deep hit but they already know the
- 5:07:07result so that's why would you be able
- 5:07:09to actually know if they're lying or
- 5:07:11they're being legit that's number one
- 5:07:12I'm not going to do that I'm going to go
- 5:07:13to a random bar second thing that they
- 5:07:16do they cut and edit the videos so
- 5:07:18whenever you cut and edit the video they
- 5:07:19could literally go while they edit go
- 5:07:22check it out, check what happened and
- 5:07:23then they tell you if they taking the
- 5:07:24trade or not. That's why I'm not going
- 5:07:26to cut or edit any of this part. Right?
- 5:07:29So once we start now, obviously
- 5:07:31everything back I can edit. But now
- 5:07:32starting once we start the back test,
- 5:07:34I'm not allowed to edit this video
- 5:07:35anymore. Third thing they do is they do
- 5:07:39what is it called? They speed the video
- 5:07:42like X2, X3, X10. And what happens is
- 5:07:45you're not even going to be able to see
- 5:07:46what's happening. So they would just
- 5:07:48speed it up. They see a loss, they skip
- 5:07:49it. And then whenever they see a win,
- 5:07:51they pause. They tell you, "Oh, here you
- 5:07:52go. This trade worked out." And you
- 5:07:54wouldn't be able to see when they
- 5:07:55actually took the loss. Fourth thing
- 5:07:57they could do is having double monitors.
- 5:07:58So they would have monitors that shows
- 5:08:00them the results. Here's what I'm using.
- 5:08:02You have the camera right there. And
- 5:08:04this is my laptop. That's it. And I have
- 5:08:06my mic here. And that's it. That's
- 5:08:08literally all I'm using. So there is no
- 5:08:10way to rig this. All right? And the
- 5:08:12reason why I'm doing this is because I'm
- 5:08:14so confident in my strategy that I don't
- 5:08:16have to do a rigged system in order to
- 5:08:18be able to pull good results. That's me
- 5:08:19being straight up with you. So that's it
- 5:08:22pretty much. And starting from this
- 5:08:24point, I'm not allowed to edit anything.
- 5:08:27All I have open here is my Forex Factory
- 5:08:29in case we need to check if there's any
- 5:08:31news. And that's it. Pretty much we're
- 5:08:33going to start the back test. Let's do
- 5:08:35the back test on CAD JPY. And then if we
- 5:08:38have more time, we can maybe do futures
- 5:08:40as well. So let's get it. All right.
- 5:08:42Let's press on replay. Start new random
- 5:08:46bar.
- 5:08:47And this took us to May 2024. All right,
- 5:08:50sounds good. Let's get it. Now, I just
- 5:08:52want to say one thing because sometimes
- 5:08:53we're going to be forced to close the
- 5:08:54trade before no trading zone. So, if
- 5:08:56we're up like 0.1%, I'm not going to
- 5:08:59count as a win. And if we down like
- 5:09:010.1%, I'm not going to count as a loss.
- 5:09:03All right? So, just to make it fair, if
- 5:09:06we get like anything less than half a
- 5:09:08percent profit, anything less than half
- 5:09:09a percent loss, I'm not simply not going
- 5:09:11to count it as a win or as a loss
- 5:09:13because it wouldn't make sense for, you
- 5:09:15know, for the win rate. And
- 5:09:18that's it pretty much. Let's get it.
- 5:09:23All right. That'll be a good trade right
- 5:09:24there.
- 5:09:43[snorts]
- 5:09:50Perfect.
- 5:09:53Done. One more entry.
- 5:09:57Perfect. 20 pips. One to one.
- 5:10:10All right, that's my first trade.
- 5:10:15And once we tap this level,
- 5:10:19yeah, this level is good. Once we tap
- 5:10:22here, I'm going to move stop loss to
- 5:10:23break even.
- 5:10:29Okay, we consolidating a lot, which is
- 5:10:31not something I like.
- 5:10:34All right.
- 5:10:39Don't like this consolidation.
- 5:10:48W breathing, bro.
- 5:10:51Um, okay, we broke the highs. That's
- 5:10:54good.
- 5:10:55Okay, that's good. Perfect.
- 5:11:05Boom. Let's go. That would be the first
- 5:11:09win right there.
- 5:11:11This is just to show you the importance
- 5:11:12of the breeding room. Like if I didn't
- 5:11:14have breathing room here, I would have
- 5:11:16been stopped out cuz this is technically
- 5:11:18the higher low. So if I didn't have more
- 5:11:19breathing room, I would have been
- 5:11:21stopped out. So telling you guys, every
- 5:11:24single rule that's put is put for a
- 5:11:26reason.
- 5:11:32Oh, that's a good trade, too.
- 5:11:35Perfect.
- 5:11:58Boom.
- 5:12:00That's the second dub. Perfect. Two wins
- 5:12:03so far. Two zero. Okay. I'm not going to
- 5:12:05take this one just simply because of the
- 5:12:07no trading zone.
- 5:12:09Nice.
- 5:12:11This one would have taken forever
- 5:12:12though.
- 5:12:18Oh, that's a good trade. That's a really
- 5:12:20good trade. Did we break this? No, we
- 5:12:22didn't.
- 5:12:25That's a really good trade.
- 5:12:40Okay.
- 5:12:42Let me see something real quick. Yeah,
- 5:12:44exactly.
- 5:12:45I'mma move stop loss to break even here.
- 5:12:48And boom. That's the third one right
- 5:12:51there. So three zero so far. Telling you
- 5:12:54guys it's super simple when you have
- 5:12:56such a mechanical strategy. Super super
- 5:12:58simple. Like it's trading is so easy. I
- 5:13:01don't know why some people over
- 5:13:02complicated with all ICT and SMC and all
- 5:13:05of that Man, I genuinely don't
- 5:13:08get it.
- 5:13:13No, that would be C set up.
- 5:13:16Oh, would have been nice, but C set up
- 5:13:18still. Okay, let's see this one.
- 5:13:22High, low, lower, high, lower, low,
- 5:13:24lower, high, lower, low. Change of
- 5:13:25character. High, lower, high, high.
- 5:13:29We didn't break this high. Okay.
- 5:13:31Potential low. Change of character.
- 5:13:34High, low, lower, high, lower, low.
- 5:13:38It is a valid trade.
- 5:13:41Let just remove this blue line. Boom.
- 5:13:44Stop loss at the most recent lower high.
- 5:13:46So breathing room
- 5:13:53TP1 121. Oh, it did already hit. Nice.
- 5:13:57Amazing.
- 5:14:00So that's 4. In case you didn't
- 5:14:02understand this trade, cuz I maybe went
- 5:14:03too fast on it. It was simple. We had a
- 5:14:06low, high, higher, low, higher, high.
- 5:14:09Let me just do this. We had a low high
- 5:14:12higher low higher high. Then here we had
- 5:14:14the change of character to the downside
- 5:14:15and then we had a high low lower high
- 5:14:18lower low. So this was the break
- 5:14:20structure and then we got a bearish no
- 5:14:22price stop loss at the most recent high
- 5:14:24some breathing room and TP1 121. That's
- 5:14:26it pretty much. So 4 Z so far.
- 5:14:42That was a good trade. Only problem with
- 5:14:44this trade is I don't think it's going
- 5:14:47to have time to play out.
- 5:14:49I genuinely don't think it's going to
- 5:14:50have time. Most probably it's not going
- 5:14:52to have time to play out. That's why I'm
- 5:14:54just going to skip this. Yeah, it's not
- 5:14:56going to have time.
- 5:14:59Uh, okay. Yeah, I mean it's a break even
- 5:15:02trade. So,
- 5:15:04that would be a break even trade right
- 5:15:05there because we tapped the no trading
- 5:15:06zone. It is a technically a win, but
- 5:15:08it's like small win. So, I wouldn't even
- 5:15:10count it as a win. So, yeah.
- 5:15:29Okay, good.
- 5:15:34I missed this one. I had the
- 5:15:37change of character. Low, high, higher,
- 5:15:39low, higher, high. But I wasn't very
- 5:15:40confident in it either ways. It's fine.
- 5:15:46No.
- 5:15:53Oh, that's a really good trade if
- 5:15:55comebacks comes back. That's also a good
- 5:15:58trade.
- 5:16:01Now, only problem with this is top loss
- 5:16:03has to be massive.
- 5:16:06Yeah, it's a very big stop loss.
- 5:16:11You know, I'm not going to take this. We
- 5:16:13don't have enough time to hit the no
- 5:16:14trading zone and the stop loss is big.
- 5:16:17Here you go. Would have been a break
- 5:16:18even trade
- 5:16:20and
- 5:16:26Nope.
- 5:16:29Oh, it worked out actually, funny
- 5:16:30enough.
- 5:16:32Oh, that's a really good trade right
- 5:16:33there. Perfect.
- 5:16:37Boom.
- 5:16:38Stop loss at the higher low.
- 5:16:41Some breathing room. So, 12.5 13.5.
- 5:16:45See where
- 5:17:18This is my stop loss for break even
- 5:17:20line. Um,
- 5:17:30I don't know if I want to close a break
- 5:17:32even because this is lowkey scaring me.
- 5:17:35Exactly.
- 5:17:37All right, that's a break even trade for
- 5:17:39me. I mean, we kind of doing an internal
- 5:17:41downtrend and we got a bearish noick, so
- 5:17:44I wouldn't want to have a you I don't
- 5:17:46want to risk it. Would that have
- 5:17:47played out? It would have played out
- 5:17:50funny enough. Now, that's on me though.
- 5:17:52But yeah, I'm not going to count as when
- 5:17:53I said I'm close as was a break even
- 5:17:55trade
- 5:17:58just so we're not biased. You see like
- 5:18:00this example, what they would do is they
- 5:18:02would cut this part and then they were
- 5:18:03like, "Oh, here we go. We call this
- 5:18:05win." I'm not going to do that. I said
- 5:18:08I'm going to close at break even and I'm
- 5:18:09a man of my word, right? That's a good
- 5:18:12trade right there.
- 5:18:21Yeah, definitely a good trade.
- 5:18:28This is most probably news.
- 5:18:3310th of May, 2024. Most probably this
- 5:18:36has to be news.
- 5:18:382024
- 5:18:4110th of May.
- 5:18:47That is news unfortunately.
- 5:18:49All right, no problem. We're not going
- 5:18:51to count as a win either.
- 5:19:08Okay, we never had the change of
- 5:19:09character. So, this was internal
- 5:19:11structure.
- 5:19:13Not good. Oh, that's a very good trade.
- 5:19:16Amazing trade. Have a low, high, higher,
- 5:19:18low, higher, high, higher, low, higher,
- 5:19:20high, higher, low, higher, high. Change
- 5:19:22of character for Oh my god. This I'mma
- 5:19:24tell you about in the secret sauce.
- 5:19:25Remind me to tell you about it. This is
- 5:19:27the one of my best setups actually.
- 5:19:30Very, very, very good trade because I
- 5:19:32know some of you all see this as a C
- 5:19:34setup. In reality, it's not. I'm going
- 5:19:35to tell you about it later after the
- 5:19:37back test because I just remember that I
- 5:19:39forgot to mention. It doesn't happen
- 5:19:40very often, but this is a really good
- 5:19:42setup. You had a change of character
- 5:19:44followed by a change of character, but
- 5:19:46there is certain rules you have to
- 5:19:47follow in this case. That's a good
- 5:19:49trade, but unfortunately, we have the
- 5:19:50old trading zone approaching. So would
- 5:19:52then actually no it's not even valid
- 5:19:54because top post would be less than
- 5:19:56five.
- 5:19:57[snorts]
- 5:19:58All right.
- 5:20:01Uh
- 5:20:04yeah no I'm not going to take this.
- 5:20:06Technically this is the higher low. So
- 5:20:08stop loss will be zero pips
- 5:20:11and it would have worked out. This would
- 5:20:14would have been valid as well but I
- 5:20:15don't think it's five pips. Yeah it's
- 5:20:17not more than five.
- 5:20:28Low, high, higher, low, higher, high,
- 5:20:30potential low.
- 5:20:33We didn't break the high. So, this is
- 5:20:34another higher low. This is still a
- 5:20:36potential higher low. This is Yeah, stop
- 5:20:39post have to be huge on this one.
- 5:20:45Maybe not huge, but I don't want to
- 5:20:47count this as structure.
- 5:20:49I want to have my stop loss here. Then
- 5:20:52it's going to be huge.
- 5:20:55I want to have it here.
- 5:20:59I'm not confident in this.
- 5:21:07I'm not so confident in this.
- 5:21:13That is the higher go.
- 5:21:15[snorts]
- 5:21:21Yeah, you know what? I'm not going to
- 5:21:23take this trade for it's a valid setup,
- 5:21:25but it's not a good setup.
- 5:21:27This is one of these valid setups and
- 5:21:29not good setups. And I believe it's
- 5:21:30still going to work out. Uh this is just
- 5:21:33internal structure not valid. Yeah, it's
- 5:21:35good I didn't take it. It was a valid
- 5:21:37setup, but it's just not a good setup.
- 5:21:42Now you're going to be asking wondering
- 5:21:43what is a valid what is a valid setup
- 5:21:45but not a good setup. I'm going also
- 5:21:47explain to you in a second
- 5:22:07on the table. So sleepy. So tired right
- 5:22:10now. I'm so tired right now.
- 5:22:14Hang on the table.
- 5:22:21I've been recording for so long. All
- 5:22:22right, finally a good trade. Uh low
- 5:22:25high. Yeah, that's a good trade. I'm so
- 5:22:28tired. You guys don't even understand. I
- 5:22:30lacking sleep. Like I actually literally
- 5:22:32took a nap before I started this because
- 5:22:34I was so exhausted. I literally slept on
- 5:22:37the sofa for a bit.
- 5:22:42Yeah, this is just price is just
- 5:22:44ranging. I don't know if I want to stay
- 5:22:45in this trade anymore. Yep. Nope. I'm
- 5:22:47out.
- 5:22:55Yeah, I'm out.
- 5:23:07on the table.
- 5:23:15That's a good trade. Low, high, internal
- 5:23:18structure, higher, low, higher, high.
- 5:23:19Finally, some action. Is it more than
- 5:23:21five pips, though? Because I feel like
- 5:23:23I'm too zoomed in now.
- 5:23:27Change of character here. Low high
- 5:23:29internal downtrend bomb structure.
- 5:23:33What's this? Oh, it is more than five.
- 5:23:34Let me double check on this.
- 5:23:40Doesn't count it though.
- 5:23:44Stop loss would be too big. If I have it
- 5:23:46at this low,
- 5:23:52stop loss would be huge.
- 5:23:57Okay, I'm going do the five minutes
- 5:23:58trick. Find the nearest structure. Boom.
- 5:24:02EP1 121. That's it.
- 5:24:06That's how I would take this trade.
- 5:24:09Boom.
- 5:24:10Amazing setup. 6.
- 5:24:16Technically, stop loss should be here,
- 5:24:18but this is an exception because I don't
- 5:24:19want to have my stop loss this big. And
- 5:24:21also, I don't want to have it this
- 5:24:22close. like it is more still more than
- 5:24:24five but also we have this imbalance
- 5:24:26right here that's why I wouldn't be very
- 5:24:27confident putting it directly under it
- 5:24:29so with the breeding room also I'm
- 5:24:31covering in this case this noick right
- 5:24:32here in case price tabs and then pumps
- 5:24:35I'm also covering that part that's a
- 5:24:38very good trade right there but did we
- 5:24:39break the highs we didn't break the
- 5:24:41highs we didn't break the highs that's
- 5:24:44the problem all right now we broke the
- 5:24:45highs now it'll be even better trade
- 5:24:50so lows highs stop loss Storm 1 to1 TP.
- 5:25:15That's where I'm going to most top us
- 5:25:16break even if we get the chance.
- 5:25:20That's a good trade, too.
- 5:25:23And boom. Stop loss hit. So, that's our
- 5:25:25first stop loss, guys. First sell. It's
- 5:25:29still a very good trade, actually. Like,
- 5:25:30we broke the highs. Especially after it
- 5:25:32broke the highs. Like, before that, I'm
- 5:25:33like, uh, iffy about it, but after we
- 5:25:35broke the highs, I'm like, "Okay, cool.
- 5:25:36Price came back, tapped it again,
- 5:25:40and yeah, that's it. It just didn't work
- 5:25:42out." Amazing. I'm not even going to
- 5:25:45check if this was news or not, cuz even
- 5:25:46if it is, I would have been stopped out
- 5:25:49before. Uh, maybe not stopped out. No,
- 5:25:51we wouldn't have been stopped out, but
- 5:25:53like it's still very close to stop loss,
- 5:25:55so I'm not going to check it. It's I'm
- 5:25:57going to take the L.
- 5:26:02This is definitely news. Yeah, 3:30.
- 5:26:11Bees on the table. Oh, that's a very
- 5:26:14good trade. High, low, lower, high,
- 5:26:16lower, low. Change of character. high
- 5:26:18low internal uptrend high low higher low
- 5:26:22higher high that's a very good trade
- 5:26:24right there and also this one would be a
- 5:26:26good trade
- 5:26:29thing is I thought it is in the no
- 5:26:31trading zone but it is actually outside
- 5:26:32of it boom
- 5:26:35now so a lot of people would do this
- 5:26:37mistake where they would come and put
- 5:26:39their stop loss here but this wouldn't
- 5:26:41be valid because we still didn't break
- 5:26:43the highs yet so that's why this would
- 5:26:45be the stop loss breathing on TP1 to1.
- 5:26:49Oh my god. No way.
- 5:26:52No.
- 5:26:55So I said,
- 5:26:57so please don't break my heart.
- 5:27:02Don't tear me apart.
- 5:27:05All right, that's a break even trade
- 5:27:07most probably. Uh,
- 5:27:15damn. It came so close to take profit,
- 5:27:17guys. I just want to sleep.
- 5:27:20Got to take a decision or
- 5:27:26Okay, let me see the next candle. Nice.
- 5:27:30Let me see the next candle. Nice. All
- 5:27:33right, you know what? it. I'm just
- 5:27:35going to remove stop move stop loss to
- 5:27:36break even. I'm scared now because this
- 5:27:39technically should have hit TP if I
- 5:27:41didn't have as much breathing room.
- 5:27:46Oh, that's that's a good trade. That's
- 5:27:48right there is a good trade.
- 5:27:51High, low, lower, high, lower, low,
- 5:27:52lower, high, lower, low. Okay. And low
- 5:27:56high. Ah, but we never had the three
- 5:27:57steps confirmation though. That's the
- 5:27:59only problem. We never did the three
- 5:28:01steps confirmation. But it is a good
- 5:28:03trade still for other reasons, but it is
- 5:28:05still a good trade.
- 5:28:12It's definitely like the thing is
- 5:28:14according to what we're talking about
- 5:28:16right now that I want to confuse you
- 5:28:17guys but like it is a good trade overall
- 5:28:20according to my rules but if you for
- 5:28:22what we talked so far I haven't told you
- 5:28:24this like how we have a high low lower
- 5:28:25lower higher lower low then we had a
- 5:28:27change of character then we had a change
- 5:28:28of character then we had a low high
- 5:28:30higher low higher higher low higher high
- 5:28:32right but if you think about it we only
- 5:28:36had a change of character and we never
- 5:28:37had a break structure. So, we didn't do
- 5:28:39the three steps confirmation. I
- 5:28:41personally still have a certain rules to
- 5:28:44for this. But
- 5:28:47for what we've talked about so far, you
- 5:28:49guys don't know about it. This is small
- 5:28:52stop-loss. Unfortunately,
- 5:29:05none of that. That's just choppy market.
- 5:29:07Okay, finally good trade. Then tap.
- 5:29:18Not even Omar entry would work here.
- 5:29:39What was going on in 24? Why was the
- 5:29:41market so choppy?
- 5:29:462024. I don't remember any of the big
- 5:29:49crisis happening.
- 5:30:14Nice.
- 5:30:17Seven. Wait, did I Oh, I swear I'm so
- 5:30:21tired. So, this this is the trade. We
- 5:30:22had a clean downtrend. Bearish. No way.
- 5:30:25Blah blah blah. I believe I have the
- 5:30:28stats wrong. It should be 72.
- 5:30:33There is a loss that I missed. I think.
- 5:30:38Yeah, this one. This one. This one. I
- 5:30:40didn't write it. thing is when I'm back
- 5:30:42testing usually I don't actually put
- 5:30:44these unless if I have to but yeah this
- 5:30:47would have been a loss according to my
- 5:30:48rules something I haven't talked about
- 5:30:50on YouTube so that's why I want to still
- 5:30:53count it as a loss because I would have
- 5:30:56taken it in real life just I haven't
- 5:30:58told you guys about it yet now I'm going
- 5:31:01talk about it after I finish the back
- 5:31:02test as well in the secret sauce all
- 5:31:05right let's take one more trade
- 5:31:08uh that would be invalid this one would
- 5:31:10be valid It's not. Didn't tap. I mean,
- 5:31:14right. One more trade. Come on, guys.
- 5:31:18One more time. That's a C setup.
- 5:31:23That's not a good trade. Well, that's a
- 5:31:24very good trade. Finally, something some
- 5:31:26action. Low, high, higher, low, higher,
- 5:31:28high. This is the exact same trade as
- 5:31:30the one I was telling you about before
- 5:31:31earlier. Boom. Stop loss at the higher
- 5:31:34low. Breathing room TP 1:1. I mean, this
- 5:31:38would you could have caught more than
- 5:31:39one. Funny enough, this one I wouldn't
- 5:31:41have taken, but here after we made the
- 5:31:43structure and so on, I would definitely
- 5:31:45take this one at least. Okay,
- 5:31:48final result 8.
- 5:31:52Should we wait for this? This is a
- 5:31:53really good trade as well.
- 5:31:56Yeah, this is actually a really good
- 5:31:57trade as well. Never mind. Never tapped.
- 5:32:00Okay, this is amazing trade. Only thing
- 5:32:03is stop loss is huge. it. I don't
- 5:32:05want to ruin my win rate. I got A2. All
- 5:32:08right, so that's it for the back test. I
- 5:32:10hope you guys enjoyed it. All right, so
- 5:32:12that was the back test. You saw the
- 5:32:13results in front of your eyes. You
- 5:32:15already seen the results and amazing. We
- 5:32:18got eight wins, two losses. Obviously,
- 5:32:19this is a very small sample size. This
- 5:32:21is not enough to tell if the strategy is
- 5:32:23good or not, but you don't get 80% by
- 5:32:25luck, right? And if you do it more over
- 5:32:29thousands of trades, you will be able to
- 5:32:30reach the 85%. Because now one loss or
- 5:32:32one win will change the win rate
- 5:32:34drastically. So now you almost know
- 5:32:36everything I know. And the reason why
- 5:32:38I'm saying almost is there is some
- 5:32:40secret sauce which we're going to talk
- 5:32:41about right now. The only thing is I'm
- 5:32:44very very very tired. Like I haven't I
- 5:32:46haven't been sleeping good because of
- 5:32:48this video. But let's get it right.
- 5:32:49Let's get into the secret sauce. All
- 5:32:51right. All right. So here's the secret
- 5:32:52sauce. And I don't like to use the word
- 5:32:54secret, but it is technically a secret
- 5:32:56sauce. So now you know the strategy,
- 5:32:59right? You know what's going on. You
- 5:33:00know what's up. You know the market
- 5:33:02structure. You know it candles. You've
- 5:33:05seen the back test. You've seen the
- 5:33:06results. Now, there is some stuff that I
- 5:33:08haven't talked about cuz let me ask you
- 5:33:10this question. Let's say we're in a
- 5:33:11downtrend and then we get a change of
- 5:33:12character and then we get a change of
- 5:33:13character. What are we now? Are we in an
- 5:33:15uptrend? Are we in a downtrend? Do we
- 5:33:16still need to see a three-steps
- 5:33:17confirmation? Is this trade valid or no?
- 5:33:21Let's say we're in a clear downtrend and
- 5:33:22then we get an internal uptrend and then
- 5:33:24we have a change of character. Would
- 5:33:25this trade be valid or no? Because you
- 5:33:27might be thinking, oh, but we need to do
- 5:33:29a change of character and break
- 5:33:30structure. But here you might someone
- 5:33:32else would say, okay, we have a break
- 5:33:33structure here. So, is this a valid
- 5:33:34trade or no? How much breathing room
- 5:33:37should you leave? And the reason for
- 5:33:39this is I used to back in the day say,
- 5:33:40"Okay, just do 10%." But I've realized
- 5:33:42there is a way better way to do it. Only
- 5:33:44thing is it needs you actually need to
- 5:33:46know how much breathing room to do and
- 5:33:49you need to adjust it with some other
- 5:33:51confluences such as moving stop loss to
- 5:33:54break even at certain level if you have
- 5:33:57a lot of breathing room and there's
- 5:34:00small details that you have to follow
- 5:34:01there as well. All right. When should
- 5:34:03you target more than one to one or R?
- 5:34:05Especially if you're a futures trader
- 5:34:07and only also in forex but like mostly
- 5:34:09for futures traders. When should you
- 5:34:11target more than one to one or R? How
- 5:34:13can you do that as well? Um is this is
- 5:34:17every valid setup a good setup to take?
- 5:34:19Like this one. Okay, this is a valid
- 5:34:20setup. Is a good setup. So what are the
- 5:34:22valid setups and what are the good
- 5:34:24setups? Because not every single valid
- 5:34:26setup is a good setup, right? A market
- 5:34:29could look something like this. Clean
- 5:34:31uptrend, right? And then we do something
- 5:34:33like this. And then here we see a
- 5:34:35bullish noic. I don't think I would be,
- 5:34:37you know, taking this. And then what is
- 5:34:39the max stop loss that you should take
- 5:34:40per trade? How do you actually know? Is
- 5:34:42it just a number? Should I just tell you
- 5:34:4420 pips? Or is there actually a way to
- 5:34:45know what's the max stop loss? What is
- 5:34:47the S setup? Because now you know about
- 5:34:49the A setup, C setup. What is the S
- 5:34:51setup? This is doesn't happen very
- 5:34:53often. But there is something we call S
- 5:34:55setup where you take and you don't take
- 5:34:57as the normal NOIC. Actually, you don't
- 5:34:59take the entry on the NOIC itself. No,
- 5:35:00you take it like it's a combination with
- 5:35:02the Omar entry but with other
- 5:35:04confluences and that's why it's called
- 5:35:05the S setup. What are the other extra
- 5:35:07confluences that I use while I'm trading
- 5:35:10the noe strategy? Um
- 5:35:13I in general don't like to look at
- 5:35:14higher time frames but is there any
- 5:35:16certain cases where I would do that? Now
- 5:35:18you see there is a lot of stuff that you
- 5:35:20still need to learn. Now, this video
- 5:35:22have been going on for I don't know
- 5:35:23maybe I've been recording for more than
- 5:35:2510 hours and I'm genuinely like cuz I
- 5:35:27didn't do it like how all these people
- 5:35:29do that just get videos combined. I did
- 5:35:31it literally in two nights and I
- 5:35:33literally haven't been sleeping. So, I'm
- 5:35:36extremely exhausted right now. Now, the
- 5:35:38best part is I have videos about these
- 5:35:39what I just asked you about and they're
- 5:35:41in the Discord. All right? So, I have
- 5:35:43videos explaining this but hear me out
- 5:35:44before we talk about that. um this is
- 5:35:48like I don't know maybe 60 to 70% of
- 5:35:53what's the videos that I haven't shared
- 5:35:55on YouTube right there is so much more
- 5:35:57source that I could share but the thing
- 5:35:59is I only have a certain capacity to be
- 5:36:02able to share for my mental energy for
- 5:36:05my life you know at the end of the day
- 5:36:06I'm doing this video for completely for
- 5:36:08free and at the end of the day I have to
- 5:36:12prioritize my own mental health and best
- 5:36:14part is I have all of this recorded
- 5:36:15already. So, it wouldn't make sense for
- 5:36:17me to record it more than one time. I
- 5:36:19have more than 40 hours of content in my
- 5:36:21Discord. Now, here's the thing.
- 5:36:24You now you all, as I said, you almost
- 5:36:26know everything I know. All right,
- 5:36:28almost. And focus on the word almost.
- 5:36:30And the reason why I'm saying almost is
- 5:36:32because first thing, there's a lot of
- 5:36:34other stuff that you need to learn that
- 5:36:35I haven't shared on YouTube like I
- 5:36:37showed you and a bit more. So, these you
- 5:36:40need to learn and I have them in
- 5:36:42Discord. Second reason, I could post 20
- 5:36:46videos about market structure, but if I
- 5:36:49don't sit with you face to face or
- 5:36:52online and teach you how to read market
- 5:36:55structure, you're never going to be able
- 5:36:57to read the way I read it. Right? I
- 5:36:59could give you thousands of videos,
- 5:37:01explain to you everything I know, but if
- 5:37:03I don't see you drawing the market
- 5:37:06structure in front of my eyes, I'm not
- 5:37:07going to be able to tell you what you're
- 5:37:09doing right and what you're doing wrong.
- 5:37:11the indicator. The reason why I removed,
- 5:37:14as I said, you have the free indicator
- 5:37:16completely for free. You can use that.
- 5:37:17But for the market structure, the reason
- 5:37:19why I removed this indicator from
- 5:37:22YouTube or online is because people were
- 5:37:25using it wrong. And the way I read
- 5:37:27market structure, we actually in the
- 5:37:29community, we read it mechanically. We
- 5:37:31don't read it like how I was just
- 5:37:34showing you right now. No, we read it
- 5:37:35through the indicator. So, it's
- 5:37:37completely mechanical. And also that's
- 5:37:39something you need to learn how to use.
- 5:37:42And to be able to learn how to use it, I
- 5:37:44have to be with there with you.
- 5:37:47Fourth thing I could tell you right now,
- 5:37:49go and back test. And I bet you're not
- 5:37:50going to or maybe you will get good
- 5:37:52results. But here's the thing. If you
- 5:37:54get good results or if you get bad
- 5:37:56results, how would you know that you're
- 5:37:58doing everything correct? How would you
- 5:38:01know that every single trade that you're
- 5:38:02taking is good? Because the way we do it
- 5:38:04in my community and in my mentorship,
- 5:38:06whenever someone joins, they have to
- 5:38:08watch the videos and then they have to
- 5:38:10back test themselves. And when they back
- 5:38:12test, they have to back this using a
- 5:38:13journal. So you have to journal every
- 5:38:15single trade. Win or loss, I'm going to
- 5:38:18look at it. I'm going to tell you, okay,
- 5:38:19this trade it lost because you did this
- 5:38:22wrong. This trade won because you did
- 5:38:24this right. Okay, this trade won, but
- 5:38:27although it won, you did this wrong. And
- 5:38:29you shouldn't be doing this in the
- 5:38:30future. Otherwise, you're going to end
- 5:38:31up losing again and again and again.
- 5:38:34This trade loss and it's a normal loss.
- 5:38:36So, I'm going to tell you over every
- 5:38:37single trade that you take in order to
- 5:38:39be accurate because this is the only way
- 5:38:40for me to actually take all the
- 5:38:42knowledge I have in my brain and put it
- 5:38:43in your brain. Other than this, I'm not
- 5:38:45going to be able to teach you. Other
- 5:38:47than that, you'll also be having the
- 5:38:50community. So, I'm talking right now
- 5:38:52about what's included pretty much in the
- 5:38:55system that we have in the mentorship in
- 5:38:57the community. And I'm g show you the
- 5:38:59results we were able to achieve and what
- 5:39:01we were able to achieve. And what's
- 5:39:03driving me crazy is people underestimate
- 5:39:06the power of having someone to trade
- 5:39:08with and someone to learn from. And I'm
- 5:39:11focusing more on the part of actually
- 5:39:13learning with people and trading with
- 5:39:15people. Cuz when you take a loss right
- 5:39:18now, what do you do? You go there, you
- 5:39:21sit by yourself and you feel anxious,
- 5:39:22you feel stressed, and you got nobody to
- 5:39:24talk to. The difference in our family is
- 5:39:27that we have each other to talk to.
- 5:39:30Whenever we lose, we lose together.
- 5:39:31Whenever we win, we win together because
- 5:39:33we always send our trades together. Now,
- 5:39:35this is not a signal group. I'm not
- 5:39:37saying this like I'm going to be telling
- 5:39:38you, oh, buy now, sell now. No, I don't
- 5:39:40believe in this because if I teach you
- 5:39:42[clears throat] how, you know, if I give
- 5:39:44you a fish right now, you're going to
- 5:39:45eat it, but you're going to be hungry
- 5:39:46tomorrow. If I teach you how to fish,
- 5:39:48you're going to be able to fish forever.
- 5:39:50That's my goal in this community. My
- 5:39:52goal is to teach every single person how
- 5:39:54to trade the exact same way I do. Same
- 5:39:56exact way all these other students are
- 5:39:58getting their payouts consistently. Same
- 5:40:00exact way how I was able to scale to
- 5:40:02more than $50,000 a month consistently.
- 5:40:06Now all of this is nice. All of this is
- 5:40:08free obviously. But what is the actual
- 5:40:11main source? Like you know because I
- 5:40:14don't want I want to explain to you what
- 5:40:16do we do here. All right. This
- 5:40:19mentorship right here is not for anyone.
- 5:40:21This is only for serious people who are
- 5:40:24here to change their lives. If you're a
- 5:40:25serious trader who's actually serious
- 5:40:28about trading, who's actually serious
- 5:40:29about making money. And by the way, just
- 5:40:32because of the fact that you watch this
- 5:40:33whole long video, I already know that
- 5:40:35you're serious about trading. This
- 5:40:36already tells me you already want to
- 5:40:38actually take this as maybe not as a
- 5:40:40career. Some people want to do it as a
- 5:40:42career and I would love to help you with
- 5:40:43that. Some people just want it to be as
- 5:40:46a side hustle. Some people wanted to be
- 5:40:48as something that can potentially
- 5:40:49replace their 9 to5 and I get that cuz I
- 5:40:51that was my dream and today I was able
- 5:40:53to achieve it and that's exactly why I'm
- 5:40:55teaching everyone else how to be able to
- 5:40:58do the same. Now you might be wondering
- 5:41:00okay Omar so you're talking about this
- 5:41:03community this mentorship what is this
- 5:41:05exactly I'm going tell you what this is
- 5:41:07and before I do so I just want to show
- 5:41:09you some of the results that we were
- 5:41:10able to achieve. This is my student Ali.
- 5:41:13My student Ali joined around a month and
- 5:41:16a half ago. He didn't know what a candle
- 5:41:19is. He joined two weeks. He after he
- 5:41:22joined, he watched first of all my
- 5:41:24exclusive content. He got the journal.
- 5:41:27He got the indicator. He watched all the
- 5:41:30other videos that we have. He introduced
- 5:41:32himself in the community. Started to get
- 5:41:34people. Started to back test. Started to
- 5:41:36journal. And then when he started to
- 5:41:38journal, I had to go through every
- 5:41:40single trade that he took and reviewed
- 5:41:43his journal trade by trade, win by win,
- 5:41:46loss by loss. And then after that, he
- 5:41:49went and started trading his funded
- 5:41:50account. And guess what happened? Two
- 5:41:53weeks later, he already got his first
- 5:41:54payout. Week after he got his second
- 5:41:57payout, and now Ali has all of these
- 5:42:00funded accounts, and he's getting
- 5:42:01consistent payouts. The guy was able to
- 5:42:04request more than $8,000 in payouts. And
- 5:42:06it's all in front of you. And this just
- 5:42:10shows you some people stay keep trading
- 5:42:13and they struggle for years and years
- 5:42:15and years without even getting their
- 5:42:17first payout. Then you got a guy like
- 5:42:18Ali who's 19 years old who was able to
- 5:42:21get more than I don't know it's like
- 5:42:24closer to five figures in payouts in his
- 5:42:26first month from trading. Now you might
- 5:42:28like okay Omar this is an exception.
- 5:42:30Well look at Justin. Justin join not
- 5:42:33knowing what a candle is. By the way,
- 5:42:34Ali and Justin, I have interviews with
- 5:42:36them online on YouTube. Justin, I posted
- 5:42:39his interview. Ali, I should post it in
- 5:42:41like two days.
- 5:42:43Justin joined not knowing what a candle
- 5:42:45is. You can go and watch his testimonial
- 5:42:47video. Join not knowing what a candle
- 5:42:49is. Within his first month, he was able
- 5:42:51to secure three payouts.
- 5:42:53Three payouts. And then there is other
- 5:42:55people who are still struggling to get
- 5:42:57their first ever payout. Now, you might
- 5:43:00be like, "Okay, that's another
- 5:43:01coincidence. Cool. Here you go. This is
- 5:43:04Asan a guy because you might be like
- 5:43:06now, oh, people are just getting this on
- 5:43:08forex or futures. Well, this is forex.
- 5:43:11The guy got $2,000 payout, passes funded
- 5:43:13account with zero losses. This is Sasha
- 5:43:17pass his funded account with zero
- 5:43:18losses.
- 5:43:20This is Ahmed, three payouts in span of
- 5:43:24one month. This is Ahmed passing three
- 5:43:27accounts in his first week of trading
- 5:43:29futures. who the thing is I can put
- 5:43:32literally hundreds of results. You know
- 5:43:34what? Why not? This is portion of my
- 5:43:37students. That's why I could I was able
- 5:43:39to fit in the screen and all of these
- 5:43:42students didn't achieve it because
- 5:43:44they're smarter than you. No, no, no.
- 5:43:45I'm going to be honest with you. They're
- 5:43:46not smarter than you at all. They were
- 5:43:49just dedicated enough. They put the
- 5:43:52time. They put the effort. They actually
- 5:43:54went and studied. They actually dropped
- 5:43:56their ego and listened to everything I
- 5:43:58told them to do. they actually followed
- 5:44:01my advice because think about it now. If
- 5:44:04this worked out works out for me, it
- 5:44:06works out for my students. Why would it
- 5:44:08work out for you? I know you probably
- 5:44:10burnt your fingers before. Some of you
- 5:44:12all have already had a mentor and they
- 5:44:15just g gave them pre-recorded videos and
- 5:44:18they were like, "Here you go. All right,
- 5:44:19good job. Good luck with that." No, this
- 5:44:21is not how we do it. I'm going to be
- 5:44:22there for you, hold your hand, and I'm
- 5:44:25not going to leave you until you become
- 5:44:26profitable. Now, obviously, this is
- 5:44:28trading. There is no guarantee. And if I
- 5:44:31tell you, yes, you will be making five
- 5:44:33or 10,000 in the next 30 days, I would
- 5:44:36be straight up lying to you. Straight up
- 5:44:38lying to you because there's no one who
- 5:44:41can guarantee you how much money you're
- 5:44:43going to be making. I have students who
- 5:44:44were able to do it. I had students who
- 5:44:46were able to make more than 5K in their
- 5:44:48first month. I students who were able to
- 5:44:49make only 1K in their first month. I had
- 5:44:51students who weren't able to make
- 5:44:52anything their first month. And then
- 5:44:54their second month, they made 5,000. So
- 5:44:56here's the thing there. The results
- 5:44:58really depends on you. How much time?
- 5:45:01How much effort are you going to be
- 5:45:02putting? How dedicated are you? And if
- 5:45:06you're wondering, okay, cool. How can I
- 5:45:08be part of this mentorship? How do I
- 5:45:10actually join? How do I be can I be part
- 5:45:12of this Discord and this family? All you
- 5:45:14got to do is apply through the link in
- 5:45:16my description. I'm going leave it
- 5:45:18there. You will have you you it's
- 5:45:22application only. You'll find the video.
- 5:45:24watch that video and then after that
- 5:45:26fill in the application and if you're
- 5:45:29qualified and I'm saying qualified
- 5:45:32because I don't accept everyone. I only
- 5:45:34accept serious people who are actually
- 5:45:36serious about changing their lives. If
- 5:45:38you're qualified, you'll be able to book
- 5:45:39a free one-on-one call with me and we
- 5:45:42will talk about the rest more in depth.
- 5:45:45Right? With that being said, actually,
- 5:45:47you know what? Before that, I want to
- 5:45:49show you one thing quickly because I
- 5:45:51know the internet is full of online
- 5:45:53gurus and it's so easy to fake these
- 5:45:56stuff these days. I want to actually
- 5:45:57take you through the my discord for
- 5:45:59quick you know one minute. So here you
- 5:46:02see like I have you'll be having every
- 5:46:05single
- 5:46:07week couple of group calls every single
- 5:46:09week and these group calls we
- 5:46:12trade together. We back test together.
- 5:46:14We sit down and we back together. We
- 5:46:16look at each other's trades. We discuss
- 5:46:18how did the week go. We basically see
- 5:46:21how is everyone doing. And this right
- 5:46:23here is going to make you feel better
- 5:46:25whenever you're down. Let's say you're
- 5:46:27down and you hear, okay, you lost this
- 5:46:29week and I told you, oh, it's fine. I
- 5:46:31was negative this week, too. It might be
- 5:46:33up to say, but you will feel a
- 5:46:36bit better. Okay, at least my mentor is
- 5:46:38also down. So, this shows me that I
- 5:46:40didn't do anything wrong. Cuz if you're
- 5:46:42negative, but you didn't do anything
- 5:46:43wrong, which would happen. It's
- 5:46:45completely fine. I'm okay with that.
- 5:46:48will happen. From time to time, you
- 5:46:49will have red weeks, even if you follow
- 5:46:51all the rules. But the difference is
- 5:46:53most of you guys would have red weeks
- 5:46:55without even knowing why you have a red
- 5:46:57week. Why? Because you don't even know
- 5:46:59what you're doing right and what you're
- 5:47:00doing wrong. And then you would come and
- 5:47:02hit me up on Instagram and tell me, "Om,
- 5:47:03why is this not working out for me?"
- 5:47:05Well, how would I be able to answer
- 5:47:06that?
- 5:47:08How would I be able to answer why it's
- 5:47:09not working out for you if I don't sit
- 5:47:11down and have a look at your journal and
- 5:47:14trade look at it trade by trade? Here
- 5:47:16you'll have the know forex the chat for
- 5:47:18forex where we send the trades and
- 5:47:21discuss every single thing before we
- 5:47:23even take any trades. It's same thing
- 5:47:26for futures here. Then here you have the
- 5:47:28student wins where you can see people
- 5:47:30taking wins every single day. Day by
- 5:47:32day, day in day out, people are just
- 5:47:34winning. Now let's look at three student
- 5:47:36achievements because I don't care about
- 5:47:37student twins, right? This is Ali I was
- 5:47:39telling you about 50k funded. Look at
- 5:47:41the date August 14. Today he got a
- 5:47:43funded
- 5:47:45Thomas another one.
- 5:47:49This guy he passed who is it? I think
- 5:47:52it's Asan, right? Oh, it's Muhammad.
- 5:47:55He passed on forex a phase two on the
- 5:47:58and look at the date difference. 11th of
- 5:48:00August and then on 6th of August he got
- 5:48:021k payout on futures. So, same guy, same
- 5:48:06trader,
- 5:48:095 days different. He was able to pass a
- 5:48:12funded on forex and get a payout on
- 5:48:14futures. And then some of you will be
- 5:48:15like, "Oh, but what should I trade?"
- 5:48:16Look at this guy. He's able to get a
- 5:48:18payout on both. Here you go. Lucas
- 5:48:20getting a passing a 50k account. Derek
- 5:48:22passing another account. Ali
- 5:48:26John getting a 25k account. Here we go.
- 5:48:30Another account. Another account.
- 5:48:32Another account.
- 5:48:34Ali, 31st of July, 2K payout. Eric
- 5:48:38passing an account. Asan
- 5:48:42passing an account with zero losses. You
- 5:48:45can see it. No losses again. He's focus
- 5:48:48on the work again. This guy getting a
- 5:48:50$260 payout. Nothing crazy, but it's
- 5:48:52progress. July 24, Ali 2K payout. Nice.
- 5:48:56Marwan passing a 50k account. Adora, you
- 5:48:59guys all know her how good she is on
- 5:49:00Forex. He's started futures and she's
- 5:49:02passed an account. Ali, another account.
- 5:49:06Ali with a payout.
- 5:49:09[cough]
- 5:49:09Casper passing an account. Louie, now
- 5:49:12Lou is eligible for 4.5K 4.5K payout on
- 5:49:15Forex. Another one Ali. And I could just
- 5:49:18literally keep scrolling. Assan 2K
- 5:49:20payout. And you guys should be getting
- 5:49:22like I literally
- 5:49:24Sasha who was mentored by another trader
- 5:49:27I don't want to say their name wasn't
- 5:49:28able to pass account for three months.
- 5:49:31Look at him now.
- 5:49:33Here you go. Alamin who already had
- 5:49:36interview with him still passing
- 5:49:37accounts and then I could just literally
- 5:49:39keep scrolling and scrolling and
- 5:49:41scrolling.
- 5:49:43By the way, the community is not huge.
- 5:49:44All you see all of these results I'm
- 5:49:46showing. I forgot Arman 18 years old kid
- 5:49:48who was able to get his 5k payout.
- 5:49:52[cough and clears throat]
- 5:49:53The community is not huge. We have like
- 5:49:56100 traders and it's a small family and
- 5:49:59we're already achieving all of these
- 5:50:00results. Imagine with such a small
- 5:50:03family we're able to achieve all of
- 5:50:04these results. My goal is to get 10,000
- 5:50:06funded traders and we're already getting
- 5:50:09there. Now at the moment I can help you
- 5:50:12as much as I can. And now because
- 5:50:14[snorts] I'm going be honest with you, I
- 5:50:16see this very often. People put another
- 5:50:18coach to teach in their program. I'm not
- 5:50:20a big fan of this. When you join this
- 5:50:22program, you're going to be learning
- 5:50:24from me. All right? And I think it's
- 5:50:26enough with showing results cuz I showed
- 5:50:28too many results. This is Justin as
- 5:50:29well. Um,
- 5:50:31so that should be it for the results. I
- 5:50:33don't want to, you know, end up making
- 5:50:34this video one hour long just talking
- 5:50:37about the mentorship. You'll also be
- 5:50:38getting one-on-one channel with me so
- 5:50:42that we can discuss anything you want
- 5:50:44whenever you want and you'll be able to
- 5:50:45book one-on-one calls on a weekly basis
- 5:50:47with me directly. Right? So, it's not
- 5:50:49only going to be the group calls, also
- 5:50:51going to be with the one-on-one calls.
- 5:50:52You also even have a customer support
- 5:50:54channel for you. You're also going to be
- 5:50:56getting the road map, a custom made plan
- 5:50:59for you on how you're going to become
- 5:51:00profitable. You're going to be getting a
- 5:51:02custom journal as well. Imagine you. I'm
- 5:51:04going to give you the journal, the
- 5:51:05indicator, the videos, the beginner
- 5:51:08videos, even the futures, the exclusive
- 5:51:10content, the coaching videos, and way,
- 5:51:12way, way, way more stuff. So, to sum up
- 5:51:14this video,
- 5:51:16the things I gave you already in this
- 5:51:18YouTube video are really helpful. You
- 5:51:21can get profitable with everything I
- 5:51:23gave you. Yes, obviously, you're not
- 5:51:26going to get as good results and most
- 5:51:28definitely you're not going to get as
- 5:51:30fast results. All right? So you could
- 5:51:32get profitable if you're not in a rush
- 5:51:33and you're willing to you know try it
- 5:51:35for one two years then it's fine. I
- 5:51:38would recommend actually you do it on
- 5:51:39your own in that case. But if you feel
- 5:51:41like okay I want to become profitable
- 5:51:42cuz we know now the strategy is working
- 5:51:44amazing but we don't know what's going
- 5:51:46to happen in 5 years. And that's me just
- 5:51:47being completely honest with you now. We
- 5:51:49know it's working. You saw how many
- 5:51:51payouts we getting. Every week we're
- 5:51:53averaging more than three funded
- 5:51:55accounts. And
- 5:51:58in June we did more than that. We did
- 5:52:00average like one and a half account a
- 5:52:02day. Imagine. And that that's with a
- 5:52:05community less than 100 people. So to
- 5:52:07sum up this video, now you know a lot
- 5:52:10about the strategy. But if you're
- 5:52:13serious and want to change your life,
- 5:52:15you want to actually become serious
- 5:52:17about trading.
- 5:52:18All you got to do is apply through the
- 5:52:20link in my description. It's going to be
- 5:52:22be a free one-on-one call as I said if
- 5:52:25you're qualified.
- 5:52:28And yeah, that should be it pretty much.
- 5:52:29If you have any questions, feel free to
- 5:52:31leave them in the comments or hit me up
- 5:52:33on IG
- 5:52:35or apply to the mentorship and you're
- 5:52:38going to be able to ask me as many
- 5:52:39questions as you want. All right, with
- 5:52:41that being said, I love you all. Take
- 5:52:43care. Please, please, please. Oh, wait.
- 5:52:46I sound like I'm begging with that.
- 5:52:48Please, please, please. If you would
- 5:52:50like to leave a like, subscribe,
- 5:52:52comment, and all of that. Take care,
- 5:52:54guys. Love you all. Know strategy on
- 5:52:56top. You guys are on top. Pause. And
- 5:53:00that's it pretty much. Peace out.
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