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One Week, 7% Gain, Every Single Trade Shown (Step By Step) — Transcript

by Waqar Asim · 12,427 words · 1,748 segments · language en · Watch on YouTube

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  1. 0:00In the last trading week alone, I made
  2. 0:017% gain. Specifically, one of them being
  3. 0:04a partial winning trade that went on to
  4. 0:06hit break even, one of them being a
  5. 0:08losing trade, and one of them being a
  6. 0:10winning trade. So, what I want to do is
  7. 0:12not show you a random cherry-picked
  8. 0:13winning trade example in isolation,
  9. 0:15which has no meaning. I want to walk you
  10. 0:17through an entire week of price action,
  11. 0:19the most recent week of price action, to
  12. 0:21show you my strategy in action with the
  13. 0:23highs and the lows, walking you through
  14. 0:25how I navigate complicated market
  15. 0:27situations, how I turn confusing price
  16. 0:29action into clarity, and how I take a
  17. 0:31losing trade not into a losing week.
  18. 0:34So, let's start off with a full top-down
  19. 0:36analysis. So, we're on the daily time
  20. 0:37frame. On the daily time frame, I only
  21. 0:39have three quick objectives. Especially
  22. 0:41when you're an intraday or intersession
  23. 0:43trader, spending a lot of time on the
  24. 0:45daily time frames is not useful. Why?
  25. 0:47Because on the daily time frame, you're
  26. 0:48going to see big moves and big trends.
  27. 0:51Now, if you're a swing trader, of
  28. 0:52course, that is relevant. But, if you're
  29. 0:53trying to catch not the entire swing,
  30. 0:55not the entire move, rather the most
  31. 0:57probable pockets of opportunity along
  32. 0:59the way. Then, the key thing is on the
  33. 1:00daily time frame, unless you're in a
  34. 1:02POI, unless you've just made a higher
  35. 1:04high, most of the time on the daily time
  36. 1:06frame, you are in no man's land. So,
  37. 1:07rather trying to understand each portion
  38. 1:09of the daily time frame, I try and
  39. 1:10extract just three quick things. The
  40. 1:12first one is going to be direction, or
  41. 1:14trend. Number two is going to be points
  42. 1:15of interest, and specifically, am I in
  43. 1:17them right now? And number three is
  44. 1:18going to be liquidity, cuz that's going
  45. 1:20to help me understand the difference
  46. 1:21between trend and traps, and most
  47. 1:23importantly, help me navigate between
  48. 1:24the short-term, mid-term, and long-term,
  49. 1:27or navigating through the terrains of
  50. 1:28multiple traps. So, when I pull the
  51. 1:30daily time frame up of the most recent
  52. 1:32week of price action, it's a very quick
  53. 1:34and easy read, because with those three
  54. 1:35lenses in mind, all I need to do is
  55. 1:37number one, understand the trend. And
  56. 1:38that's very simple to understand,
  57. 1:40because we just need to see the green
  58. 1:41dots, which is going to be from a higher
  59. 1:43low to a higher high. That was the
  60. 1:44previous range, and when the range was
  61. 1:46broken, and we made a new higher high,
  62. 1:48then I knew that the range was from this
  63. 1:50low to this high. That became the main
  64. 1:52push, that became the daily trend, hence
  65. 1:54the green arrow. And we to the high to
  66. 1:56mark our daily external range high, and
  67. 1:59we use the low, which was the higher low
  68. 2:00in that bullish trend, to be our daily
  69. 2:02external low. So, instead of trying to
  70. 2:04understand all of the price action we
  71. 2:06have, then I just focus from the range
  72. 2:08low to the range high, and I know the
  73. 2:09direction is bullish, meaning overall
  74. 2:11I'm expecting price to make a new higher
  75. 2:13high at some point. Where is that going
  76. 2:15to happen from? Ideally from demand
  77. 2:17areas. For example, this extreme block
  78. 2:19over here, the last push down before we
  79. 2:21had the price action going bullish,
  80. 2:23price returning into that area, and
  81. 2:24specifically doing a build-up, an
  82. 2:26inducement, and then breaking internal
  83. 2:28structure. So, with these things
  84. 2:30connected, I know the trend is bullish
  85. 2:31on the daily time frame. I know we've
  86. 2:33already come into the point of interest,
  87. 2:35the area of demand. I know we've taken
  88. 2:37liquidity in that demand area. That's
  89. 2:39led to a break of structure where we had
  90. 2:40the previous internal lower high that
  91. 2:42made this internal lower low, going to
  92. 2:44make an internal higher high, and then
  93. 2:46continue on to make a higher low, higher
  94. 2:48high, and now we have an internal break
  95. 2:50of structure. Where is that internal
  96. 2:51break of structure going? Likely we're
  97. 2:53headed to this demand area of this
  98. 2:55inducement to continue that trend
  99. 2:56bullish, to make an internal higher high
  100. 2:58and an external higher high. So, now we
  101. 3:00can map out very easily our trends.
  102. 3:02Well, we have our short-term trend is
  103. 3:04going to be bearish into this area, and
  104. 3:06then potentially bullish from here. Or,
  105. 3:08we can have multiple reads where we're
  106. 3:10going to have a bullish pullback into
  107. 3:12this supply zone. Why is it a supply
  108. 3:14zone? Because we had a bearish internal
  109. 3:16break of structure where this higher low
  110. 3:17that made the internal higher high now
  111. 3:19made an internal lower low. We are going
  112. 3:20to be now short-term bullish to get to
  113. 3:22the supply zone, mid-term bearish to get
  114. 3:25to this demand area, and then long-term
  115. 3:27bullish to make a new market higher
  116. 3:28high. So, now that we very easily at a
  117. 3:30glance notice the daily trend, the
  118. 3:32short-term, mid-term, and long-term
  119. 3:34bias, that is just speculation for the
  120. 3:36week. When we investigate lower, we'll
  121. 3:37see which roadmap is presenting. And
  122. 3:39then lastly, it's going to be liquidity.
  123. 3:41Well, that's very easy as well, because
  124. 3:42we can see we had a build-up of
  125. 3:43liquidity here. We had a sweep and an
  126. 3:45internal break of structure. And we also
  127. 3:47have a higher time frame demand area, a
  128. 3:49build-up, inducement, and a push higher.
  129. 3:52So, we are naturally between two
  130. 3:53inducement zones, and these two
  131. 3:55inducement zones are also our supply and
  132. 3:57demand area, therefore reaffirming that
  133. 3:59we might have a reaction at the supply
  134. 4:01area, head towards this demand area, and
  135. 4:03then have a bullish reaction from that
  136. 4:04area. So, we are connecting our trend,
  137. 4:06short-term, mid-term, and long-term
  138. 4:08direction connected with market traps
  139. 4:10and inducements. So, once you've done
  140. 4:12that read, you don't need to spend any
  141. 4:13more time on the daily time frame, and
  142. 4:15you can drop all the way from the daily
  143. 4:16down to the 1-hour or even M15. I like
  144. 4:19to look at as package time frames, and
  145. 4:21the higher time frame packages, whether
  146. 4:22it's weekly, monthly, daily, they all
  147. 4:24tell us a similar thing. So, from there,
  148. 4:25I can move down to the next package. So,
  149. 4:27as I'm walking through this entire week
  150. 4:28of price action, you're going to see a
  151. 4:29lot of information because I'm going to
  152. 4:31mark out every single impulse on the
  153. 4:321-minute time frame, every key time
  154. 4:34window, every inducement, every trap.
  155. 4:35It's going to be information overload.
  156. 4:37So, instead of trying to understand
  157. 4:38every candle on the 1-minute time frame
  158. 4:39for an entire week, what I've prepared
  159. 4:41for you is a handbook to take the key
  160. 4:43pieces of information for all of the
  161. 4:44trades and all of the key time windows
  162. 4:46for this week, so that you don't need to
  163. 4:48understand all the movements, you just
  164. 4:49need to understand the relevant portions
  165. 4:51that is going to be helping you either
  166. 4:53avoid losses or understand deeply the
  167. 4:54potential winning trades we're going to
  168. 4:56see, which is relevant because you're
  169. 4:57going to be seeing trade models in
  170. 4:58action with their descriptions and
  171. 5:00diagrams and full explanation, so that
  172. 5:02you don't need to always refer back to
  173. 5:03the video and break it down on the
  174. 5:041-minute time frame. You can refer back
  175. 5:06to the handbook to see the notes, the
  176. 5:07diagrams, and the chart example to see
  177. 5:09if the trade you're taking is similar to
  178. 5:11the checklist we have presented today.
  179. 5:13And it's something that you can have
  180. 5:14downloaded and ready and open as you
  181. 5:15watch this video, so you can take more
  182. 5:17value out of today's episode. So, that's
  183. 5:18in the link in the description, and
  184. 5:20let's jump back into the video. But,
  185. 5:21before I do head down to the next time
  186. 5:23frame, I want to cover a common
  187. 5:24question, which is, "Well, how do we
  188. 5:25know which one is the real trend, the
  189. 5:27real move, when you have all of these
  190. 5:29different higher highs and higher lows,
  191. 5:30different structure points, different
  192. 5:31breaks of structure, different supply
  193. 5:33and demand areas, different internal and
  194. 5:35external reads?" Well, you need to
  195. 5:36understand deeply market structure. By
  196. 5:38the way, I made an entire market
  197. 5:39structure guide, which was about 40
  198. 5:41minutes long, but to summarize it very
  199. 5:42quickly, we have green dots, which are
  200. 5:44going to be our external structure
  201. 5:46points. That means we found new
  202. 5:48territory. This higher low made an
  203. 5:50absolute higher high. Anything in
  204. 5:52between is just internal, but if we
  205. 5:54continue to make new bullish moves,
  206. 5:56still internal. This one continued to
  207. 5:58make a new bullish move, it's still
  208. 5:59internal. But then when we had the
  209. 6:01internal break of structure, then we are
  210. 6:02now internally bearish. And then we
  211. 6:04failed to make a higher high. We're not
  212. 6:06going to breaking the range anymore, so
  213. 6:08I know that this one was the external
  214. 6:10high because we are respecting it. And
  215. 6:12then tracking on from here, this build
  216. 6:13up this inducement and this bearish
  217. 6:15push, we might start to think it's a
  218. 6:17bearish market. It's not the case, it's
  219. 6:19just internal because we are still below
  220. 6:21the external high and above the external
  221. 6:24low. So, it's all internal because it's
  222. 6:25inside the external range. So, when we
  223. 6:27are trending, all the things we do
  224. 6:29inside of it is not so important. That
  225. 6:31is intraday and intrasession. So, when I
  226. 6:33see that we now break and make a new
  227. 6:35higher high of the range, the previous
  228. 6:37range is broken, and we've had a break
  229. 6:39of structure, then I know external
  230. 6:41structure has been made, and anything
  231. 6:42inside of it is naturally still
  232. 6:44internal. The interesting thing to note
  233. 6:45and a key bonus point is notice how we
  234. 6:48start to have an internal bearish break
  235. 6:49of structure where we had internal
  236. 6:51higher low, external higher high,
  237. 6:53internal lower low. Naturally, that's a
  238. 6:55break of structure. So, when we have
  239. 6:57that break of structure and you make a
  240. 6:58lower high that makes a lower low. What
  241. 7:01are people going to be thinking? People
  242. 7:02are going to be thinking, "Perfect, this
  243. 7:03is now a bearish market because we had a
  244. 7:05break of structure over here. Now, this
  245. 7:07is a bearish impulse, bearish
  246. 7:09retracement because it makes a lower
  247. 7:11high. We build up liquidity, we sweep,
  248. 7:13smart money sweep, and we make a lower
  249. 7:15low breaking the previous low. This is
  250. 7:17naturally going to be a bearish trend.
  251. 7:19And then when you come into that sweep
  252. 7:21area, that sweep order block with a fair
  253. 7:23value gap, notice how we have another
  254. 7:25build up inducement or sweep, and then
  255. 7:27bearish price action. We have a bearish
  256. 7:29trend line, we have bearish internal
  257. 7:31structure. A lot of people are going to
  258. 7:32be selling on this sweep zone, same
  259. 7:34thing, imbalance, fair value gap, smart
  260. 7:36money order block, and you're going to
  261. 7:37be looking for lower lows like so. But
  262. 7:39notice is the market does the complete
  263. 7:41opposite. when sellers are getting in,
  264. 7:43the market actually swept this
  265. 7:45liquidity, came into this previous
  266. 7:46demand area, and made a new higher high.
  267. 7:49Therefore, this last pullback before the
  268. 7:51bullish move up was a complete
  269. 7:53manipulation known as a decisional point
  270. 7:55of interest, but that's just something
  271. 7:56bonus to investigate to see even how in
  272. 7:58a clear market bullish trend, bearish
  273. 8:00participants can get confused and
  274. 8:02trapped in because they don't understand
  275. 8:03clearly trends, points of interest,
  276. 8:06internal and external structure, and the
  277. 8:08liquidity formations along the way.
  278. 8:09Because now that we did a read on the
  279. 8:11daily time frame, I'm just going to jump
  280. 8:12down to the 4-hour just to give you an
  281. 8:14update, so we're not jumping all the way
  282. 8:16down. And it was clear to see we had the
  283. 8:17daily demand area, we had this build-up,
  284. 8:19we had this sweep and inducements. That
  285. 8:22inducement into the daily demand area.
  286. 8:24So, now that we know we're in the right
  287. 8:25zone, having a manipulation that is
  288. 8:27leading to a break of structure, this is
  289. 8:29showing me bullish intent in a bullish
  290. 8:31daily trend in a bullish point of
  291. 8:33interest. This showing me alignment of
  292. 8:35buyer strength, but obviously buyer
  293. 8:36strength doesn't just go in one line all
  294. 8:38the way to a new higher high on the
  295. 8:40daily time frame. We're going to have
  296. 8:41internal trends, we're going to have
  297. 8:42manipulations, we're going to have POIs
  298. 8:44being interacted with. So, that's how
  299. 8:45we're going to navigate the week, but
  300. 8:47it's important when we start the week on
  301. 8:48the Monday, we know all of the relevant
  302. 8:50zones of interest where price is going
  303. 8:52to bounce between, manipulate between,
  304. 8:54before we end up making the new higher
  305. 8:55high on the daily time frame. So, the
  306. 8:57key things to note is we were bearish
  307. 8:59with these red dots coming into the
  308. 9:01daily demand area. Bearish meaning a
  309. 9:03pullback, so not a bearish market, it's
  310. 9:05just a bearish complex pullback into the
  311. 9:07demand area. Once we tap into that
  312. 9:09demand area, we take liquidity, we
  313. 9:10induce, and very quickly make a higher
  314. 9:13high internally. When we make that
  315. 9:14bullish break of structure, we make a
  316. 9:16higher low, a higher high, and now we
  317. 9:18are forming a lower low. Why is this a
  318. 9:21lower low? Well, it really depends where
  319. 9:22you look from. If you're looking from
  320. 9:24the low of the inducements, which is
  321. 9:26down over here, I'm just going to mark
  322. 9:27this as the range low, and I'm marking
  323. 9:29the top as the range high. When you read
  324. 9:32it like this, you might think, "Well, if
  325. 9:33we've just had a bullish impulse like so
  326. 9:35from a daily demand area having an
  327. 9:36inducement and breaking structure, then
  328. 9:38what is the difference between internal
  329. 9:40and external? Well, the difference is we
  330. 9:41notice this was one big move, but we can
  331. 9:44break it up from this internal higher
  332. 9:45low, from this internal higher high,
  333. 9:47this internal higher low, this internal
  334. 9:49higher high. So, we can break the
  335. 9:50structure over here. So, of course,
  336. 9:51liquidity is equal lows, but it was also
  337. 9:53a break of structure, but it's not a
  338. 9:55break of structure of the absolute low.
  339. 9:56It's the break of structure of an
  340. 9:58internal higher low that made a higher
  341. 9:59high, making an internal lower low.
  342. 10:01We're still inside of the range. This is
  343. 10:03the range high, this is the range low.
  344. 10:04We're still inside of it, but we are
  345. 10:06making a internal break of structure.
  346. 10:08And that internal break of structure has
  347. 10:09an objective. Where could that objective
  348. 10:11be? Naturally, it's going to be the
  349. 10:12demand area. So, when I start to look at
  350. 10:14road maps for the week, either we just
  351. 10:15go bearish straight away down to the
  352. 10:17range low, down to that demand area, and
  353. 10:19then we have the bullish impulse. That
  354. 10:20could be one valid road map. Another
  355. 10:22valid road map could be we start to have
  356. 10:24the bullish climb first for the week. We
  357. 10:27arrive to the supply area. Why is this a
  358. 10:29supply area? Because we built up
  359. 10:31liquidity, we induced, and we broke
  360. 10:33internal structure. So, it's a bearish
  361. 10:35lower low, lower high retracement, and
  362. 10:37going on to make a lower low down to
  363. 10:39that demand area, and then we go and
  364. 10:40make a new higher high. These are two
  365. 10:42equally valid road maps on how we begin
  366. 10:44the week. So, when we come into the
  367. 10:45Monday and Tuesday, we need to
  368. 10:46understand are we going to be the first
  369. 10:48road map, which is going down to the
  370. 10:49demand area and we look for buys, or is
  371. 10:51it going to be first we go to the supply
  372. 10:53area and then we look for sales down to
  373. 10:55the demand area, then again we switch to
  374. 10:56bullish. This is how you build
  375. 10:57frameworks for when you begin the week,
  376. 10:59navigating between inducements. So, we
  377. 11:01have this inducement over here and this
  378. 11:03inducement over here, navigating between
  379. 11:04points of interest, this supply zone,
  380. 11:06this demand area, and navigating between
  381. 11:08short-term, mid-term, and long-term
  382. 11:10objectives, which is these road maps
  383. 11:11that we have. Now, once we've built the
  384. 11:13framework for the week, we don't need to
  385. 11:14revisit the higher time frames for the
  386. 11:15entire week unless we start to break
  387. 11:17really higher and the market conditions
  388. 11:19change. So, from now on, once we can
  389. 11:20stay on the lower time frame and simply
  390. 11:22navigate the daily cycle variations as
  391. 11:24we go throughout the week. So, actually,
  392. 11:26the last thing to do is actually read
  393. 11:28this bearish portion. We know this POI
  394. 11:30and why it exists. We know this POI and
  395. 11:32why it exists. I just want to understand
  396. 11:33the most recent move and how it happened
  397. 11:36from the previous week and try to
  398. 11:38understand the moves inside of it. So,
  399. 11:39I'm going to jump down to M15 and we
  400. 11:41already know what happened. We already
  401. 11:42broke structure internally, already had
  402. 11:44this build up, this inducement, this
  403. 11:46internal break of structure cuz this was
  404. 11:47a higher low internally that made the
  405. 11:49higher high that took the liquidity of
  406. 11:51the previous highs and then we broke
  407. 11:53structure and made an internal lower
  408. 11:54low. And then once we had that, we built
  409. 11:56up liquidity, Asia high, high of
  410. 11:58previous day, we induced it and then we
  411. 12:00broke structure, breaking the previous
  412. 12:01low. So, we can see inducement leads to
  413. 12:03a break of structure. This inducement
  414. 12:05leads to a break of structure and then
  415. 12:06we have this rounding off, not a clear
  416. 12:08inducement, breaking structure once
  417. 12:10again. This information is going to be
  418. 12:11useful because I don't want to mark out
  419. 12:13my inducements because these will be
  420. 12:14zones of interactions for the coming
  421. 12:16week. So, I'm just going to mark these
  422. 12:17out and from here all the way down, we
  423. 12:20have one last inducement which is this
  424. 12:21area over here, not interesting for us
  425. 12:24or not super interesting because they're
  426. 12:25very minor inducements. It's just taking
  427. 12:27high of London, but I'm going to mark it
  428. 12:28out to help me navigate the current
  429. 12:30week. Very simply, that's it. Now we've
  430. 12:32done our full top-down analysis. Now we
  431. 12:34can go on the M1 time frame and walk
  432. 12:36through the entire week, reacting to
  433. 12:37each one of these zones and as we create
  434. 12:39new manipulations, new traps, we'll
  435. 12:41navigate them accordingly. So, first
  436. 12:43off, we're going to start off with
  437. 12:44Frankfurt open on this day on the Monday
  438. 12:46that we can see. We are very far away
  439. 12:47from our demand area that we're
  440. 12:49targeting and we're also quite far away
  441. 12:51from the immediate supply zone. So, for
  442. 12:53now, we have no information. All we know
  443. 12:55is one rule, any proximal zone to Asia
  444. 12:58high or Asia low is not really relevant.
  445. 13:00It's just a tail end lower high that
  446. 13:02made a lower low. It doesn't meet the
  447. 13:03criteria of a point of interest. Why?
  448. 13:05Because it doesn't have a depth of
  449. 13:07retracement, it doesn't have a duration
  450. 13:09of the point of interest, and it doesn't
  451. 13:10have an inducement inside of it. It's a
  452. 13:12very weak point of interest, so it's
  453. 13:13going to have no interest for me,
  454. 13:14especially because of how close it is to
  455. 13:16Asia high. This is a zone to really
  456. 13:17consider as a smart money trap,
  457. 13:19specifically when it's happening at
  458. 13:21Frankfurt open. So, when we have a
  459. 13:22manipulation most likely here, this is
  460. 13:24going to set a a for me so I can
  461. 13:26actually play the first candles. I want
  462. 13:27to wait for New York open. So, as we
  463. 13:29start the day, I'm going to approach my
  464. 13:31London key time window, which is this
  465. 13:32dotted line, 8:00 UK time. I want to
  466. 13:34wait for that, and I'm going to fast
  467. 13:36forward on M15. I'm receiving the
  468. 13:37Frankfurt open has already trapped in
  469. 13:39that supply zone. This lower high that
  470. 13:41made a lower low, people are seeing Asia
  471. 13:42high liquidity already taken out. And
  472. 13:44now we're arriving to the key time
  473. 13:46window, which is London open. So, as we
  474. 13:48arrive to that key time window, now I
  475. 13:49can drop down to M1, and I start to
  476. 13:51realize, okay, now we can build a
  477. 13:52potential framework. Is anything valid?
  478. 13:55I'm not trying to look for an
  479. 13:55opportunity every window. Every time I'm
  480. 13:57looking for lower time frame
  481. 13:58confirmations, you start off with a
  482. 14:00trade ideal, and then you look at the
  483. 14:01key time window and the lower time frame
  484. 14:03to execute upon the ideal. So, when I
  485. 14:05look at that, I don't start off with M1.
  486. 14:07I start to say, "Where am I? Have I got
  487. 14:09an inducement of control? Have I got the
  488. 14:11inducement of the day? Have I got an
  489. 14:12objective?" And the answers to all of
  490. 14:14these questions on this key time window
  491. 14:15is no. I don't have a clear objective
  492. 14:17because I could be going towards this
  493. 14:19supply zone. I could be targeting the
  494. 14:20liquidity of this supply zone, or I
  495. 14:22could be targeting down this demand
  496. 14:23area. So, I don't have a clear objective
  497. 14:25or direction. In terms of liquidity or
  498. 14:27inducements, yes, we've taken liquidity
  499. 14:29of this smart money trap, but I'm not
  500. 14:31seeing rejection. I don't have a clear
  501. 14:32liquidity target. So, that's not ideal
  502. 14:34either. So, unless I have a clear medium
  503. 14:36inducement or major inducement or a
  504. 14:38clear direction or a clear target or a
  505. 14:40clear manipulation to entice in
  506. 14:42liquidity or take liquidity, then I know
  507. 14:44this is not a key time window that I'm
  508. 14:45interested in. So, usually I'm just
  509. 14:47going to walk away. Instead of looking
  510. 14:48at the key time window and trying to
  511. 14:49fight M1, fight my emotions, and trying
  512. 14:52to find clarity, exercise patience, the
  513. 14:54reality is there's going to be a low
  514. 14:55quality opportunity if there's going to
  515. 14:57be an opportunity. So, save your mental
  516. 14:58capital and just walk away. So, in fact,
  517. 15:00we just play the key time window, don't
  518. 15:02stress out, and don't get caught up in
  519. 15:04all of this mess on the lower time
  520. 15:06frame. And we start to see, okay, we had
  521. 15:07a bit of a rejection price stalling in
  522. 15:10this area. Why was it stalling in this
  523. 15:12area? Is it an important area? No,
  524. 15:14because this was the low that was
  525. 15:16broken. The low was broken from this
  526. 15:18area, so it is a form of decisional, but
  527. 15:21it's not with the objective or trends
  528. 15:22that we see, and this doesn't have
  529. 15:24depth, the duration, and inducement in
  530. 15:26the point of interest. So, it's not
  531. 15:27really a key important zone for me. So,
  532. 15:29I knew that this was not a zone of
  533. 15:30interest. So, if we don't have trend, I
  534. 15:32don't have direction, I don't have a
  535. 15:33zone of interest, then there's no point
  536. 15:34me looking at the key time window,
  537. 15:36forcing myself to not take a trade,
  538. 15:37knowing it's low quality. So, what we do
  539. 15:39from here is just wait for the next key
  540. 15:41time window, and we see we arrive to a
  541. 15:43supply zone that could be relevant, but
  542. 15:44it's not at the right time. So, I know
  543. 15:46it's unlikely to give a favorable move.
  544. 15:48Now, we arrive to the New York key time
  545. 15:50window as we're approaching New York
  546. 15:51open, and I want to see the preparation.
  547. 15:54Now, we're in the key time window, what
  548. 15:56could there be? Now, this could be
  549. 15:57something a bit more interesting because
  550. 15:58we have a supply zone that is taken out.
  551. 16:00So, we have a medium inducement. We have
  552. 16:02a seller's early reaction also taken out
  553. 16:05around New York open, but we don't have
  554. 16:07a clear target, and we don't have a
  555. 16:08clear trend. So, when I jump up to a
  556. 16:091-hour time frame, I can start to see we
  557. 16:11are in a mixed objective because
  558. 16:13remember the road maps we made at the
  559. 16:14beginning of the week, we said we could
  560. 16:16either be bullish short-term to go to
  561. 16:18one of these supply areas, mid-term
  562. 16:21bearish to go to this demand area, and
  563. 16:23long-term bullish to make a new higher
  564. 16:24high. That was one of the road maps, but
  565. 16:26we also had another road map, which is
  566. 16:28we are in a bearish pullback because we
  567. 16:29made this low, we might just continue
  568. 16:32bearish. So, when we have two equally
  569. 16:34valid road maps that are at the same
  570. 16:35point to giving two outcomes, from here,
  571. 16:38we could go bearish or we could go
  572. 16:40bullish. This is known as an inflection
  573. 16:42point. I do not want to be trading at
  574. 16:44inflection points because it's hard to
  575. 16:46know which one to pick. You're just
  576. 16:47flipping a coin and saying this side
  577. 16:49over that side. Rather than trying to
  578. 16:50understand decode it, rather know this
  579. 16:52is a low quality area, you're going to
  580. 16:54find a low quality opportunity, or
  581. 16:55you're just going to be picking one or
  582. 16:57the other. Better save your mental
  583. 16:58capital and wait for a better zone. So,
  584. 17:01this is not one to skip totally. This is
  585. 17:03just a confusing zone. So, what I'd
  586. 17:04rather do, instead of sitting it out
  587. 17:05altogether because it is a low quality
  588. 17:08opportunity, but not an invalid
  589. 17:09opportunity like the previous key time
  590. 17:11window, I'm going to be more likely
  591. 17:13neutral, but I might observe and see is
  592. 17:15there telltale signs for me to see which
  593. 17:17road map is more likely, which one I can
  594. 17:20at least catch a pocket of opportunity
  595. 17:21even if I don't get the whole move, I
  596. 17:23might get a one to three reaction trade.
  597. 17:25And the foundations are there because
  598. 17:26we've got a medium inducement because
  599. 17:28this point of interest on the M15 was
  600. 17:30taken out. So once we induce it and we
  601. 17:33start to reject, this might show me we
  602. 17:34have a potential opportunity now. And
  603. 17:36upon further inspection, we can see that
  604. 17:38supply zone getting induced, the medium
  605. 17:40inducement at the key time window. We
  606. 17:42can say we had a inducement at a
  607. 17:43relevant time of a relevant place. So
  608. 17:46these are good things and more
  609. 17:47importantly, we start to see we have a
  610. 17:49internal break of structure. So if we
  611. 17:51have an internal break of structure
  612. 17:52after an inducement, this shows me
  613. 17:54rejection and it happens at the key time
  614. 17:56window. And more importantly, we get a
  615. 17:58minor inducement here of this wick. This
  616. 18:00inducement on the minute of the key time
  617. 18:02window leading to another internal break
  618. 18:04of structure. So now we have two legs
  619. 18:05bearish with an inducement, a medium
  620. 18:08inducement, and then a minor inducement
  621. 18:10on the open of the key time window. This
  622. 18:11is good inducement, good time window,
  623. 18:14and good rejection. Now I need to see
  624. 18:15can I take this trinity of confluences,
  625. 18:17the three main things that I look for
  626. 18:19and convert it into a trade. So what do
  627. 18:21I need to do is understand my execution
  628. 18:23criteria from a valid opportunity. And
  629. 18:25that criteria is going to be I need to
  630. 18:27find a refined IFC, which means in the
  631. 18:29second leg bearish, so this was the
  632. 18:31first one, medium inducement, internal
  633. 18:33break of structure, then we had a lower
  634. 18:34high, which was another inducement that
  635. 18:37made this lower low. I need to find in
  636. 18:39the second leg a refined IFC. And I look
  637. 18:41for it and I say in the key time window,
  638. 18:43I have time, I still have half of the
  639. 18:44window. to find that refined IFC. And
  640. 18:46that refined IFC needs to be around this
  641. 18:48inducement candle. And I see okay, is it
  642. 18:51here? Well, no because I don't have an
  643. 18:53imbalance. Is it here? No, I don't have
  644. 18:55an imbalance. Here? No, I don't have an
  645. 18:56imbalance. The entire way down, I have
  646. 18:58zero imbalances, zero fair value gaps,
  647. 19:01which shows me lack of intent. It's not
  648. 19:03about trading the pattern or trading the
  649. 19:05fair value gap, it's understanding if I
  650. 19:07have intention, which is inducement,
  651. 19:09which means I've got all of this
  652. 19:10liquidity, I've got all of this power in
  653. 19:12the markets, I should see a reaction.
  654. 19:14Not just breaks of structure, I should
  655. 19:15see reactions with intent because we had
  656. 19:17a imbalance over here, a large imbalance
  657. 19:19over here. There is imbalances all the
  658. 19:21time. So, if you're seeing imbalances at
  659. 19:22normal zones and then after a medium
  660. 19:24inducement you see no imbalances at the
  661. 19:26key time window when there is
  662. 19:27volatility, this shows me this is
  663. 19:29unlikely to be a valid move because
  664. 19:31there is no intention behind the price
  665. 19:33action. We're not trading patterns
  666. 19:35blindly, we're trying to see the
  667. 19:36intentions and I'm not seeing any
  668. 19:37intention over here. So, unfortunately
  669. 19:40this is not valid. Even though it's
  670. 19:41close, it's just not close enough to a
  671. 19:43tradeable opportunity. All of the trades
  672. 19:45that I'm showing you that I've taken
  673. 19:46this week is something that the entire
  674. 19:48community is doing supported by our
  675. 19:50predefined setups and trade models. So,
  676. 19:52you're not trading random confluences
  677. 19:53and independently hoping someone figures
  678. 19:55it out. Rather, everyone in the
  679. 19:56community is trading aligned. We have
  680. 19:58the same strategy, same reads, same
  681. 20:00confluences, same confirmations, and the
  682. 20:02daily live streams to make sure we are
  683. 20:03all orientated aligned in the same way,
  684. 20:05which means the entire community takes
  685. 20:07all of the same winning trades on a
  686. 20:09regular basis leading to large levels of
  687. 20:11funding and regular payouts within the
  688. 20:13community as you've now been seeing for
  689. 20:14years on this channel. So, if you'd like
  690. 20:16to be part of our entire ecosystem where
  691. 20:18we do one-on-one coaching, I'd encourage
  692. 20:20you to click the link in the description
  693. 20:21to apply for WWE Trading. The reason it
  694. 20:24is application only and you need to fill
  695. 20:25out an application form is because we
  696. 20:27get thousands of application. You see
  697. 20:29the hundreds of thousands of views this
  698. 20:30channel gets, but we only select a
  699. 20:32handful of people because there's only
  700. 20:33so many hours in the day that we can do
  701. 20:35one-on-one coaching. So, I would
  702. 20:37encourage you to fill the application
  703. 20:38form in as much detail as possible to
  704. 20:40see why we should consider you. And my
  705. 20:41promise to you is even if we are not
  706. 20:42selecting you and we don't work
  707. 20:43together, that will leave you better
  708. 20:45than we found you because we're going to
  709. 20:46be giving you some resources and goodies
  710. 20:48to help you along the way. But
  711. 20:49hopefully, I see you on a Zoom call
  712. 20:51very, very soon. So, I'm going to still
  713. 20:53watch to see does it convert into
  714. 20:54something important. Maybe I get another
  715. 20:56inducement, maybe I get another leg
  716. 20:57lower and I start to see okay, price
  717. 21:00violently reverses on me. Violently goes
  718. 21:03the other direction. And when I see this
  719. 21:06whipsawing, this is showing me this lack
  720. 21:08of clarity. Yes, there was a inducement,
  721. 21:11but it was not sustained. It was not
  722. 21:12settled because in the same way we had
  723. 21:14all of this build up to the low, we had
  724. 21:17this clear inducement, and we have a
  725. 21:18strong bullish push up breaking past the
  726. 21:21previous inducement zone. So, this was
  727. 21:22correct for me to understand not to take
  728. 21:25because no inducement meant no trade, no
  729. 21:27imbalance meant no trade, and then in
  730. 21:29the end it would have been a loss
  731. 21:30because price induced lower and then
  732. 21:32took over that zone. So, now we are in
  733. 21:33between two inducement zones where we
  734. 21:35have this inducement low, we have this
  735. 21:37previous inducement high. Price is
  736. 21:39reacting in this demand area of that
  737. 21:40inducement. So, what now I'm locked
  738. 21:42between two intentions. You know how I
  739. 21:44always say that the market is a game of
  740. 21:46tug-of-war between buyers and sellers.
  741. 21:48Both are pulling, both are trying. We
  742. 21:50need to see who's going to win that
  743. 21:51battle. First, you had a medium
  744. 21:52inducement, sellers were winning. Then
  745. 21:55you had a build up and inducement in the
  746. 21:56key time window, buyers are winning. And
  747. 21:58now you're locked between both zones.
  748. 22:00You've hit the bearish inducement point
  749. 22:02of interest, you've hit the bullish
  750. 22:03point of interest, the inducement zone,
  751. 22:05and now we need to see who's going to
  752. 22:06win that battle. Now, I suspect it's
  753. 22:08going to be the buyers because we had a
  754. 22:10sellers inducement, another inducement
  755. 22:12and mitigation, and we don't even break
  756. 22:14structure and make a low. However, the
  757. 22:16buyers are doing a build up over here,
  758. 22:18an inducement over here, a break of
  759. 22:20structure internally over here, a
  760. 22:21mitigation with another inducement. This
  761. 22:23shows me that most likely the buyers are
  762. 22:25going to win this battle. So, I'm not
  763. 22:27going to be taking any trade. Now, this
  764. 22:29zone over here could be traded if it was
  765. 22:31the key time window because I can start
  766. 22:33to see this is a smart money zone
  767. 22:35failure. I'm starting to see these zones
  768. 22:37where sellers are going to be loaded up,
  769. 22:39sellers are going to be interested is
  770. 22:40actually most likely a trap. Why?
  771. 22:42Because you've had a medium inducement
  772. 22:44with no reaction, no strength, and in
  773. 22:45reality what we do know is buyers are in
  774. 22:48control because we call it a medium
  775. 22:49inducement, but in reality for what it
  776. 22:51is right now, it's a bullish break of
  777. 22:53structure. This was a previous lower
  778. 22:54high that made a lower low, a supply
  779. 22:56zone, and now we broke it. Not only did
  780. 22:58we break it, we had a failure of
  781. 23:00inducement and a bullish inducement, a
  782. 23:02bullish inducement, and bullish moves
  783. 23:04higher. Most likely, buyers are going to
  784. 23:06win this battle. This is market
  785. 23:07mechanics. This is understanding
  786. 23:09intention and control. There is a
  787. 23:10difference between what we see and what
  788. 23:12we trade, and therefore this became a
  789. 23:14non-traded opportunity because it
  790. 23:15doesn't meet the criteria of lower
  791. 23:17timeframe confirmation, time window, and
  792. 23:19meaningful inducement. Market mechanics
  793. 23:21made sense. The market moved exactly
  794. 23:23from my point of interest, and a lot of
  795. 23:25amateur traders might get excited over
  796. 23:27here and say, "Yes, it makes sense. It
  797. 23:29meets my confluence. This is let me jump
  798. 23:30in." But confluence is not a strategy.
  799. 23:32Confluence is not a professional trader.
  800. 23:35Confluence is just taking things you
  801. 23:36know and throwing it at the market and
  802. 23:38hope it plays. It's not something that
  803. 23:39is predefined or tested. Although the
  804. 23:41confluence do make sense, we had a
  805. 23:42London close on the minute play on a
  806. 23:44inducement domino effect induce number
  807. 23:46one, induce number two, mitigation.
  808. 23:48Everything made sense. The trap played
  809. 23:50out. The sellers got trapped in. It was
  810. 23:52not a trade we could take, but we
  811. 23:54understood the move, and that's the main
  812. 23:56part. Once we've done the Monday read,
  813. 23:57no trade we saw, we understood all of
  814. 23:59the price action. However, now we have
  815. 24:01information going into the next day.
  816. 24:02Okay, so let's quickly revisit the
  817. 24:04one-hour timeframe as we go into the
  818. 24:05next day, which is of the roadmaps that
  819. 24:07we knew, we now have a clear one of
  820. 24:09control. We know which one is most
  821. 24:11likely going to be happening now, which
  822. 24:13is now that we've had an internal break
  823. 24:15of structure, we had this lower high
  824. 24:17that made a lower low, which is now made
  825. 24:19an internal higher high. We've had this
  826. 24:21bullish impulse. We're more likely going
  827. 24:22to be bullish to one of these supply
  828. 24:24zones, and then we're going to go to the
  829. 24:25demand area down here, and then we're
  830. 24:27going to be bullish. So we are
  831. 24:29short-term bullish, mid-term bearish,
  832. 24:31long-term bullish. This was the first
  833. 24:33roadmap that we spoke about. Now we
  834. 24:35don't have confusion for the week. At
  835. 24:37least the Monday, even if there was no
  836. 24:38trade, set a foundation for what's most
  837. 24:40likely happening for this week. So with
  838. 24:41that framework in mind, I now know the
  839. 24:43impulse that is in control right now is
  840. 24:45this. This can be my temporary range
  841. 24:47low. This can be my temporary range
  842. 24:48high, and my target is going to be
  843. 24:50either this supply zone or this supply
  844. 24:52zone, which we mentioned earlier. So now
  845. 24:54I have a framework, a direction, a
  846. 24:56target. Now I just need to find
  847. 24:57inducement in my direction, trend in my
  848. 24:59direction, points of interest in my
  849. 25:01direction, and then start to look for
  850. 25:02trade opportunities. And before we get
  851. 25:04into the M1, I always like to do a daily
  852. 25:06cycle read, and that's going to be
  853. 25:07understanding from the impulse of
  854. 25:08control we have for now, which is not a
  855. 25:10major impulse because it's not coming
  856. 25:12from a POI, it doesn't have an
  857. 25:13inducement. It's a temporary one, but I
  858. 25:15know I'm most likely looking for a
  859. 25:16replication of this move. Where is that
  860. 25:18going to be happening from? It's going
  861. 25:19to be happening from a decisional or
  862. 25:21extreme. The extreme is down here, and
  863. 25:23the decisional is the last pullback
  864. 25:25before we had the break of structure.
  865. 25:26So, it's going to be around here. Now,
  866. 25:28this doesn't meet the quality points of
  867. 25:30interest I usually want to be trading,
  868. 25:31especially the decisional because yes,
  869. 25:33it's a pullback before a break of
  870. 25:34structure, but it doesn't have a deep
  871. 25:36retracement. The depth of retracement
  872. 25:38doesn't have a long duration that I
  873. 25:39usually want to see, and it doesn't have
  874. 25:41an inducement. So, it meets none of the
  875. 25:42three criteria, so it's a valid
  876. 25:44decisional, but unlikely to be a high
  877. 25:45probability, high quality one. So, I'm
  878. 25:47just going to mark it out and see what
  879. 25:49happens when we arrive there. What I'm
  880. 25:50more interested in understanding is once
  881. 25:52we had the high of yesterday, we have
  882. 25:54now made liquidity over here, and the
  883. 25:56liquidity we're forming over here might
  884. 25:57entice early buyers because they're
  885. 25:59going to be seeing a sweep of Asia low,
  886. 26:02and that sweep of Asia low is going to
  887. 26:03invite in early buyers, which will be a
  888. 26:05target. So, most likely I'm going to see
  889. 26:07this low of Frankfurt being attacked,
  890. 26:09and at least I have an initial target
  891. 26:11for London key time window. It's not
  892. 26:13aligning for a full setup, but at least
  893. 26:14I can start to understand where price is
  894. 26:16at least headed next. The reason I don't
  895. 26:17know where it's headed next entirely is
  896. 26:19because I don't have an inducement of
  897. 26:20control, I don't have the inducement of
  898. 26:21the day. That's what I'm going to be
  899. 26:23searching for initially.
  900. 26:24What I do know is this points of
  901. 26:26interest is going to fail. This point of
  902. 26:28interest is most likely a smart money
  903. 26:30trap, and this stalling of yesterday
  904. 26:32could hold price, but when it's so close
  905. 26:34to Asia low, it's invalid for me, so I'm
  906. 26:35going to be waiting on this decisional
  907. 26:37as my only decision opportunity. Okay,
  908. 26:39getting into now the Frankfurt window,
  909. 26:41we can see we are loading up buyers in
  910. 26:43this area, and as we approach the London
  911. 26:46key time window, I want to understand
  912. 26:47where is price headed. I don't have an
  913. 26:49inducement of control. Now I have it.
  914. 26:51That smart money trap that I was very
  915. 26:53confident in because nine times out of
  916. 26:5510 a sweep at Frankfurt open of
  917. 26:57something that is not relevant, for
  918. 26:58example, just Asia low is most likely
  919. 27:00going to be a trap. So now I have a
  920. 27:02smart money trap sweep during my London
  921. 27:04open of a Frankfurt smart money trap
  922. 27:07zone. This is giving me inducements. I
  923. 27:09also have direction in mind, but I need
  924. 27:10to have quality confirmations. Let's see
  925. 27:13as we approach this key time window,
  926. 27:14does this convert into any meaningful
  927. 27:16opportunity? So let's go through the key
  928. 27:18time window. So as we open the key time
  929. 27:19window, we are still forming lows. We
  930. 27:21are still printing that inducement, so I
  931. 27:23need to first lock in the inducement and
  932. 27:25differentiate it from just bearish. So
  933. 27:27what that means is we sweep the
  934. 27:28liquidity of the smart money trap and
  935. 27:30then we have a confident intentional
  936. 27:32reaction the other way. If we don't have
  937. 27:33that, then it's just simply bearish
  938. 27:35price action cuz if this is where it
  939. 27:36starts to get a bit interesting because
  940. 27:38now I can start to see we had the
  941. 27:40bearish impulse lower to sweep
  942. 27:42liquidity. Then we started to get
  943. 27:43rejection, meaning we made an internal
  944. 27:45push bullish. We didn't continue lower.
  945. 27:47We failed to make a lower low and we
  946. 27:49made an internal higher high. So when we
  947. 27:50see that, we now see we have two legs
  948. 27:52bullish in the key time window after an
  949. 27:54inducement. However, although we could
  950. 27:56look to trade from somewhere over here,
  951. 27:58problem once again is is there a fair
  952. 27:59value gap or imbalance? No, there is
  953. 28:01not. So a failure of showing intention
  954. 28:05through an imbalance is a weakness. And
  955. 28:07secondarily, we have the efficiency of
  956. 28:08the pullback. This retracement before
  957. 28:10making the low is our efficiency of the
  958. 28:12pullback. You can also be a bit
  959. 28:13aggressive and say even if it's that
  960. 28:15imbalance, whichever one you decide,
  961. 28:17price has already hit the supply level
  962. 28:18of a bearish market. So therefore, for
  963. 28:21all we know, this could be bearish,
  964. 28:23complex pullback bullish, mitigation of
  965. 28:25supply zone, continue bearish. So I
  966. 28:27don't want to be buying if there's no
  967. 28:29imbalance and there is no intent. We
  968. 28:31haven't broke structure. We haven't got
  969. 28:32a lower time frame confirmation. So this
  970. 28:33is a key time window you just simply
  971. 28:35walk away. Even if it plays out bullish,
  972. 28:37it's not worth trading. And there we go.
  973. 28:38Price did go bullish, but without
  974. 28:40confirmations and a restricted trader is
  975. 28:42a profitable trader. We follow the plan,
  976. 28:44not our feelings, and this is how you
  977. 28:45avoid invalid losses. Today it played,
  978. 28:48tomorrow I may fail. Over the long-term
  979. 28:49horizon is not a confluence, it's not a
  980. 28:51setup, it's not a strategy. So, even if
  981. 28:53you miss out on one or two trades, it's
  982. 28:54okay because it's going to save you in
  983. 28:56the long term. What I would do from here
  984. 28:57is know that the key time window is
  985. 28:59gone, there's no opportunity for me. I'm
  986. 29:00going to fast-forward to the next one
  987. 29:02now, which is going to be New York. And
  988. 29:03observing through, we can see there was
  989. 29:04no clarity and there was no trade. Price
  990. 29:06did give a bullish reaction but ended up
  991. 29:08failing. So, if you were in the trade or
  992. 29:09chasing the trade or having FOMO, you
  993. 29:11would have taken a couple of losses.
  994. 29:12This is how you turn an amateur trader
  995. 29:14into a failing trader because you
  996. 29:15allowed the emotions to lead, lack of
  997. 29:17clarity, trading systems leading to
  998. 29:18overall going on tilt, and having
  999. 29:20back-to-back losses that could be
  1000. 29:21totally avoided. But, when we focus on
  1001. 29:23the market intentions now, we can see
  1002. 29:25this previous zone where price went
  1003. 29:27bullish yesterday has now given a
  1004. 29:28reaction. And most important is given a
  1005. 29:30reaction from a relevant area of
  1006. 29:32yesterday. And it also built up
  1007. 29:33liquidity and also induced into that
  1008. 29:35area. And I love the fact that we also
  1009. 29:37took liquidity of this previous
  1010. 29:40zone and Frankfurt low. So, we've built
  1011. 29:42up liquidity, built up liquidity,
  1012. 29:44induced into a demand area, and given an
  1013. 29:46internal bullish push because we had
  1014. 29:48this lower high that made this lower
  1015. 29:50low, now making internal higher high.
  1016. 29:52We've now had an internal bullish break
  1017. 29:54of structure. And we've had the
  1018. 29:55mitigation, so I want to see where we're
  1019. 29:57headed now as we approach the next key
  1020. 29:58time window. But, it's forming in a nice
  1021. 30:00way. We have inducement bullish, and
  1022. 30:02then we have mitigation and new bullish
  1023. 30:04push. So, we have trend and direction
  1024. 30:06led by an inducement. So, this could be
  1025. 30:07now interesting for this day or for this
  1026. 30:09key time window. But, of course, it's
  1027. 30:10important to understand intentions also.
  1028. 30:13And the intentions for here is showing
  1029. 30:14me that we have a lot of liquidity right
  1030. 30:16here. All of this liquidity that's
  1031. 30:18currently being taken. When we have all
  1032. 30:20of these touches during Asia, we have
  1033. 30:22this equal high over here, we have
  1034. 30:23London high, we have the New York high,
  1035. 30:25we have the pre-New York high, and then
  1036. 30:27we have this area that could be
  1037. 30:28considered an inducement. So, we have an
  1038. 30:29inducement low that could go bullish,
  1039. 30:31but we also have a build-up and
  1040. 30:33inducement high that could go bearish
  1041. 30:34down to these areas or just completely
  1042. 30:36lower because remember this is not a
  1043. 30:37point of interest that we like. The
  1044. 30:39decisional is. So, we could be inducing
  1045. 30:41to go down to our decisional. So, I
  1046. 30:43don't want to be caught up buying when
  1047. 30:44we haven't got full clarity just yet.
  1048. 30:46So, coming into the key time window, I
  1049. 30:48need to understand is this a bullish
  1050. 30:49break and a bullish follow through, or
  1051. 30:51is this simply a bearish inducement
  1052. 30:53happening in real time? And the clarity
  1053. 30:55for that is going to be time window,
  1054. 30:56which we're approaching. I need to now
  1055. 30:58see intention and rejection. And this is
  1056. 31:00very clear intention. We have the
  1057. 31:02inducement of all of the build-up on the
  1058. 31:03left, not only inducing this level, but
  1059. 31:06the Asia levels and the London levels.
  1060. 31:07And then we get a push lower,
  1061. 31:09mitigation, respecting this liquidity,
  1062. 31:12respecting this potential demand area,
  1063. 31:14allowing buyers to get in, and then
  1064. 31:16quickly inducing lower. So, now we are
  1065. 31:17breaking structure. And therefore, that
  1066. 31:19tells me that these sellers have control
  1067. 31:22and have intention for now. It doesn't
  1068. 31:24need to be long-term, but at least for
  1069. 31:25the immediate moment or for the key time
  1070. 31:27window, sellers are in control and they
  1071. 31:29could take price to at least this demand
  1072. 31:31area over here. Realistically, if
  1073. 31:32they've taken control and they've done a
  1074. 31:34meaningful inducement, the likelihood is
  1075. 31:36price is not going to go to the first
  1076. 31:37demand area. It might start going lower
  1077. 31:39and lower all the way down to our
  1078. 31:40decisional. That could be the move of
  1079. 31:42the session. Therefore, I'm interested
  1080. 31:43to see can I capitalize on a sell? And
  1081. 31:45of course, if price is really bearish
  1082. 31:47and doesn't give me an opportunity to
  1083. 31:49get in. Yes, I understand the move. We
  1084. 31:50have an inducement, we have a break of
  1085. 31:52structure, we have key time window. We
  1086. 31:54just don't have lower time frame
  1087. 31:55confirmation, we don't have an
  1088. 31:56opportunity to get in, and therefore
  1089. 31:57this is a missed trade. We understand
  1090. 31:59it, but we couldn't trade it. And that's
  1091. 32:00fine. Understanding each move in the
  1092. 32:02market like we basically have all the
  1093. 32:04way so far is a strong step in the right
  1094. 32:06direction because before you can trade
  1095. 32:08price successfully, you need to
  1096. 32:09understand everything that's going on.
  1097. 32:10So, now I can see we're coming back into
  1098. 32:12that previous demand area, that previous
  1099. 32:13inducement area. I want to see will
  1100. 32:15there be any strength from buyers in
  1101. 32:17this zone as we still have most of the
  1102. 32:19key time window left. And I can see we
  1103. 32:21are hanging around, but there's no real
  1104. 32:22clarity for me here. There's no
  1105. 32:24imbalances, there's no real strong
  1106. 32:26inducement. Yes, we induced the low over
  1107. 32:28here, so we could say potentially this
  1108. 32:29is a minor inducement that we see. And
  1109. 32:32we do get a bit of a bullish internal
  1110. 32:33rejection, but it's wicks everywhere.
  1111. 32:35There's no real clarity for me. And
  1112. 32:37naturally, for now, we are between two
  1113. 32:39inducement zones, the inducement high
  1114. 32:40and the inducement low. Okay, and it
  1115. 32:42gives a bullish reaction, which that
  1116. 32:43inducement should have given, but you
  1117. 32:44don't want to be trading one way or the
  1118. 32:46other. The inducements tell us who's in
  1119. 32:48control for now, but it doesn't mean
  1120. 32:49permanent control. These are
  1121. 32:50facilitators. So, we see this inducement
  1122. 32:53allowed price to break these levels,
  1123. 32:55break these levels, and make a low. Once
  1124. 32:58we broke low, this inducement allowed
  1125. 32:59price to retrace, come and take the
  1126. 33:01liquidity over here, mitigate this
  1127. 33:03supply zone that allowed the break of
  1128. 33:04structure internally, and then continue
  1129. 33:06price lower. So, each inducement has a
  1130. 33:08purpose. This one was not to make a
  1131. 33:10bullish market. It was simply to allow a
  1132. 33:12bullish reaction. Now that we see the
  1133. 33:13sellers are still in control, this now
  1134. 33:15gives me clarity, but I want to revisit
  1135. 33:17and understand what's going on. Why are
  1136. 33:19we ping-ponging without clarity? And
  1137. 33:20that's when I start to see we are now
  1138. 33:22approaching a medium inducement level,
  1139. 33:24especially because we had a break of
  1140. 33:26structure yesterday, a test, and a
  1141. 33:28continue higher. This becomes the break
  1142. 33:30test liquidity, gives me an opportunity
  1143. 33:32for a meaningful inducement, and we are
  1144. 33:34also taking low of the day so far, and
  1145. 33:37Asia low, of course. So, now, if we have
  1146. 33:38a meaningful inducement area, the break
  1147. 33:41test, and we are approaching the London
  1148. 33:42close, the dotted line over here, 4:00
  1149. 33:44p.m. London time, this could now give me
  1150. 33:47a potential rejection. Unlikely to be a
  1151. 33:49quality move, but something worth
  1152. 33:50monitoring, because at times, this can
  1153. 33:52give us a nice 1:3. And for now, there's
  1154. 33:54no control, there's no clarity, because
  1155. 33:56for now, we are just simply making low,
  1156. 33:58high, maintaining the low, maintaining
  1157. 34:01the high, and now we are starting to
  1158. 34:02break. So, now I can start to see
  1159. 34:03control, because we have one push,
  1160. 34:05second push. And when we start to read
  1161. 34:07into that a little bit further, we have
  1162. 34:09the first push, the retracement, and the
  1163. 34:11second push. We now have two legs. It's
  1164. 34:13not a full lower time frame
  1165. 34:14confirmation, but when we have a
  1166. 34:15inducement of control at the end of the
  1167. 34:17day, it's towards London close, and we
  1168. 34:19have a clear target, which is this
  1169. 34:21previous inducement supply zone of New
  1170. 34:23York window, the one that allowed the
  1171. 34:25bearish move so far. We have a
  1172. 34:26framework. This can be a aggressive
  1173. 34:28setup, for sure, as a market mechanics,
  1174. 34:30because you would the entry on the
  1175. 34:32candle closure, you cover the low, and
  1176. 34:34you simply target the last inducement,
  1177. 34:37which is up here. And it's exactly
  1178. 34:38around a 1:3, which is usually my first
  1179. 34:40take profit level. So, I would cap it at
  1180. 34:42the 1:3 right here. This would be our
  1181. 34:44London close trade as such. Market
  1182. 34:46mechanics, not ideal for lower time
  1183. 34:48frame confirmation, not ideal for key
  1184. 34:49time window, but you are simply
  1185. 34:51understanding control and traps. And we
  1186. 34:53can see that a break test inducement is
  1187. 34:55going to be stronger than any liquidity
  1188. 34:56supporting this level. Therefore, this
  1189. 34:58becomes a trap zone. And when we get a
  1190. 35:00strong impulse engulfing candle in a
  1191. 35:02trap zone after an inducement and clear
  1192. 35:04targets, this can potentially be an
  1193. 35:06opportunity. So, you execute on the
  1194. 35:07candle closure, you protect the low, and
  1195. 35:09you don't do a break even in this
  1196. 35:10scenario. It's either take profit or
  1197. 35:12stop loss because of the no lower time
  1198. 35:15frame confirmation entry type. So,
  1199. 35:16London close does give us the volatility
  1200. 35:18to
  1201. 35:19allow this trade to play. And then as we
  1202. 35:21approach the end of the day, it kind of
  1203. 35:23goes flat, which is why I don't love
  1204. 35:24these trades. But it does give me that
  1205. 35:261:3, which is at least what I wanted. Or
  1206. 35:29actually, not just yet. We are just shy
  1207. 35:31of it. Let's see if it plays towards it.
  1208. 35:35I mean, this is just one or two pips
  1209. 35:36away. This is where it gets a bit tense
  1210. 35:38cuz it retraces now. But you allowed the
  1211. 35:40market to do its thing. You don't need
  1212. 35:41to over manage it. So, in the end, this
  1213. 35:43trade was a 1:2.8 risk reward. Take
  1214. 35:45profit level is 1:3, so it was just shy.
  1215. 35:48So, this is a very unfortunate but
  1216. 35:49realistic situation. And in the end, you
  1217. 35:51would could make the decision to say at
  1218. 35:52the end of the day, as we start approach
  1219. 35:54the Asia range, you could just put the
  1220. 35:55break even, and then you would have no
  1221. 35:57loss. But I'll leave that for you to
  1222. 35:58decide what you think would be best. But
  1223. 36:00in my opinion, in these situations, you
  1224. 36:01either leave it for a take profit or you
  1225. 36:03leave it for a stop loss, especially
  1226. 36:04when it's a market mechanics no lower
  1227. 36:06time frame execution type. You're just
  1228. 36:07doing a market execution. It's best to
  1229. 36:09just leave it. Okay. Now, going on to
  1230. 36:11the next day. Again, starting off the
  1231. 36:13day with Frankfurt open. You can see we
  1232. 36:14had a whipsaw. A whipsaw means you
  1233. 36:17induce low and you induce high. When you
  1234. 36:19induce Asia high and Asia low, and you
  1235. 36:20don't have a clear trend, you don't have
  1236. 36:21a clear direction, which we don't. We
  1237. 36:23know we are bullish for now because we
  1238. 36:25have the green arrow over here. Ideally,
  1239. 36:26we go to the decision or demand area, or
  1240. 36:28we take a lot of this liquidity, which
  1241. 36:30we haven't. We've just taken Asia high.
  1242. 36:31So, for now, we don't have a clear
  1243. 36:32inducement of the day. We don't have a
  1244. 36:34clear direction, and we don't have a
  1245. 36:35point of interest. So, for now, we don't
  1246. 36:37have clarity. So, going into the London
  1247. 36:38window, I'm just going to be completely
  1248. 36:40neutral and trying to understand and
  1249. 36:41establish control. What I often find,
  1250. 36:43however, is Frankfurt's low being swept
  1251. 36:46is ideal, especially when the
  1252. 36:48Frankfurt's low is sweeping Asia low on
  1253. 36:51the minute of Frankfurt open. This is
  1254. 36:53nine times out of 10 a smart money trap.
  1255. 36:55So, with the Asia high liquidity that's
  1256. 36:56just been taken, that can be the
  1257. 36:57catalyst to allow price to come lower
  1258. 36:59into our demand area. So, this
  1259. 37:01inducement will trap in the buyers in
  1260. 37:03this demand area, the smart money
  1261. 37:04sweeps, smart money traders, and then
  1262. 37:06take them lower. So, that would be a
  1263. 37:08nice framework so far. Not tradeable,
  1264. 37:10it's just what's likely to happen, but
  1265. 37:12it's not a trade model. And you can see
  1266. 37:14exactly what we wanted. We come into the
  1267. 37:16Frankfurt sweep order block. We get a
  1268. 37:18bullish reaction to load in more buyers
  1269. 37:20on London open. You give them the
  1270. 37:21internal break of structure. We make a
  1271. 37:23higher high. Wait for the higher lows.
  1272. 37:24Oh, we know reality is this is unlikely
  1273. 37:26to be a sustained move. We're really
  1274. 37:28loading up the buyers for now. We're
  1275. 37:29getting bullish trend. We're getting
  1276. 37:31bullish trend lines.
  1277. 37:34And there we have it eventually. Took a
  1278. 37:36bit of time, but we eventually grabbed
  1279. 37:38the liquidity of the smart money traders
  1280. 37:40who was trading that order block and
  1281. 37:41sweep. That did not have any intention
  1282. 37:43or control behind it. So, now I can
  1283. 37:45start to build a framework because now
  1284. 37:46we have information, which is we've
  1285. 37:48taken all of this liquidity of the break
  1286. 37:50test zone, Asia low, and smart money
  1287. 37:52trap. So, when we've taken all of that
  1288. 37:54liquidity, we can now potentially say,
  1289. 37:55"Is this an inducement right here?" When
  1290. 37:58I ask myself if this is an inducement, I
  1291. 37:59want to understand where am I? And I do
  1292. 38:01have the nice factor, which is I had
  1293. 38:03this last pullback before the break of
  1294. 38:05structure. So, if we have a last
  1295. 38:07pullback before break of structure, this
  1296. 38:08is a decisional. We've now had a
  1297. 38:10decisional demand area developed, price
  1298. 38:12arriving into the decisional area, and
  1299. 38:13doing a Asia low sweep, a smart money
  1300. 38:15trap sweep, and all of lower previous
  1301. 38:17day, and the break test. So, this is a
  1302. 38:19really nice inducement, but the problem
  1303. 38:21is it's not in the key time window and
  1304. 38:23we don't have rejection yet. But we can
  1305. 38:24start to see we could see bullish
  1306. 38:25control from here because it would make
  1307. 38:27sense from a daily cycle perspective.
  1308. 38:29Now let's see if we get any rejection
  1309. 38:31and control after this meaningful
  1310. 38:33inducement. And the way I want to do
  1311. 38:34that is understand where our points of
  1312. 38:36traps and manipulation for the sellers
  1313. 38:38in the other direction. And the other
  1314. 38:40direction sellers are going to be
  1315. 38:41waiting for this idea of we've had the
  1316. 38:44market high fails to make a low, makes a
  1317. 38:46lower high, makes a lower low. So I'm
  1318. 38:48going to be waiting for sellers to react
  1319. 38:50in this area from the decisional and
  1320. 38:51extreme of that sellers move. And this
  1321. 38:53is where sellers are going to get
  1322. 38:55trapped and maybe where I can get a buy
  1323. 38:56opportunity. So first of all we have an
  1324. 38:58internal break of structure. This is
  1325. 38:59perfect. This could be traded if you
  1326. 39:02trade it in zero break of structures,
  1327. 39:03but we don't have key time window and we
  1328. 39:04don't have imbalance. A lack of
  1329. 39:06imbalance is not ideal. So already even
  1330. 39:08though this could be a trade, it is not
  1331. 39:09a trade. It's not valid. And then we
  1332. 39:11come into that supply trap. We want to
  1333. 39:13see sellers getting drawn in like so,
  1334. 39:15exactly like this. When you get sellers
  1335. 39:17drawn in on a sellers zone, they're
  1336. 39:18targeting a low because they see break
  1337. 39:20of structure, lower high decisional, go
  1338. 39:22on to make a lower low. So this is where
  1339. 39:24sellers are going to be getting drawn
  1340. 39:25in. I now want to see buyers control.
  1341. 39:27And for the buyers control all I need to
  1342. 39:29see is an inducement. We don't have that
  1343. 39:31yet. We're still drawing in sellers. So
  1344. 39:33this is actually interesting. We are now
  1345. 39:34getting another attempt for sellers to
  1346. 39:36get in. If the first lot didn't get in
  1347. 39:38or they hit stop loss already or break
  1348. 39:40even, now they are really getting drawn
  1349. 39:41in. And now we've engineered a low which
  1350. 39:44I really like. This engineered low is
  1351. 39:46somewhere that can be a liquidity target
  1352. 39:47for the inducement I'm looking for. So
  1353. 39:49if now we can induce below this area and
  1354. 39:51we get an inducement somewhere in this
  1355. 39:53box, then I know I've seen control
  1356. 39:54because I've seen the inducement that
  1357. 39:56was relevant in my decisional demand
  1358. 39:57area. Sellers getting engineered and
  1359. 40:00then if I induce once again, I can now
  1360. 40:01find a nice buy opportunity. And we have
  1361. 40:04it exactly here. Not where I predicted
  1362. 40:06it, but we now have induced that
  1363. 40:07engineered low. And now what I want to
  1364. 40:09do is because I'm not in the key time
  1365. 40:11window, is just check the correlated
  1366. 40:12pair. Right now I'm on GU. I want to see
  1367. 40:14how EU who looking. And this is exactly
  1368. 40:16where my interest peaks now, because I
  1369. 40:18can see there's a clear divergence where
  1370. 40:20we are forming a higher low in the
  1371. 40:22inducement box and where we have a low
  1372. 40:24and then a higher low, but here we have
  1373. 40:26a low and a lower low. That temporary
  1374. 40:28D-peg known as a divergence after I'm
  1375. 40:30getting my inducement and then second
  1376. 40:32engineered inducement on this trap gives
  1377. 40:34me the confirmation. Either I use a
  1378. 40:36lower time frame confirmation model or I
  1379. 40:38use a engulfing. So, that's exactly what
  1380. 40:40we wait for as an execution criteria
  1381. 40:42now. Wait for the 5-minute candle to
  1382. 40:44engulf, which is exactly what we have.
  1383. 40:45And on that engulfing I can market
  1384. 40:47execute and take another trade right
  1385. 40:49here. On the engulfing over this low for
  1386. 40:51a 6-pip stop loss, target the 1:3 as our
  1387. 40:54TP1. And the reason we don't do full
  1388. 40:56take profit at TP1, rather we do TP1 and
  1389. 40:59TP2 is because this is with the trend.
  1390. 41:01Because we now have a clear objective,
  1391. 41:03clear road map where we had this bullish
  1392. 41:05push, retracement into decisional,
  1393. 41:07inducement, inducement divergence, and
  1394. 41:09now we're expecting a replication and a
  1395. 41:11new higher high. So, therefore this now
  1396. 41:12becomes a trend aligned trade with our
  1397. 41:14short-term objective, which is bullish
  1398. 41:16into this supply area, which we spoke
  1399. 41:18about at the beginning. Therefore I can
  1400. 41:19allow and hold this trade. So, now that
  1401. 41:21we're in the trade, we're break even on
  1402. 41:22the trade, we can allow price to come to
  1403. 41:24the New York key time window. Okay, as
  1404. 41:26we come to the New York key time window,
  1405. 41:28all we have done is take Asia high
  1406. 41:29liquidity. But once you have trend in
  1407. 41:31the direction that we have it, a
  1408. 41:33liquidity sweep alone as such is not
  1409. 41:35going to be detrimental or is not
  1410. 41:37something we're going to switch bias on
  1411. 41:38because we know that this is a medium
  1412. 41:40inducement in a higher time frame
  1413. 41:41direction in a higher time frame point
  1414. 41:43of interest, might get an inducement
  1415. 41:45here, which might lead to a reaction
  1416. 41:46bearish. Hopefully it doesn't kick us
  1417. 41:48out of the trade. Anyway, we are risk
  1418. 41:50free because we break even after the
  1419. 41:51internal break of structure. So, now we
  1420. 41:53are going to see where it goes, but it
  1421. 41:54doesn't mean we should be looking to buy
  1422. 41:55and then looking to sell and
  1423. 41:56ping-ponging everything. We are in a
  1424. 41:58good trade that is aligned with the
  1425. 41:59higher time frames. We can see in our M1
  1426. 42:01how it's going. And in fact, we can see
  1427. 42:03a reason to get in once again. Of
  1428. 42:05course, we have that inducement, but we
  1429. 42:06can also see we have this block of
  1430. 42:09demand. So, this block of demand is
  1431. 42:11actually a decisional because this was
  1432. 42:13the last pullback before we broke
  1433. 42:15structure internally, before we had this
  1434. 42:17zone getting taken out. Therefore, we
  1435. 42:18had that clear break of structure,
  1436. 42:20internal break of structure right here.
  1437. 42:22So, now that we're in the New York key
  1438. 42:23time window, we've had an internal break
  1439. 42:25of structure, price come to a
  1440. 42:26decisional, and then we get another
  1441. 42:27inducement like so, and we get the
  1442. 42:29internal break of structure. Right here
  1443. 42:31could be another entry. Now, this is a
  1444. 42:33good trade to be taking cuz we have a
  1445. 42:34lot of things aligned. We have the trend
  1446. 42:36aligned on the higher time frame. We
  1447. 42:38have London being in our direction. We
  1448. 42:40had nice inducement into a decisional
  1449. 42:41demand on M15, secondary inducement
  1450. 42:43showing us control with the divergence,
  1451. 42:45and price going bullish in our
  1452. 42:46direction. New York key time window, we
  1453. 42:48come into a decisional, we get a
  1454. 42:49inducement and a break of structure. The
  1455. 42:51only hesitation could be and would be is
  1456. 42:53this inducement over here of all of the
  1457. 42:55highs on the left. So, that's the only
  1458. 42:56reason we're not going to get in. But,
  1459. 42:57for now, we can at least try and get an
  1460. 42:59opportunity and break even fast. Break
  1461. 43:00even fast means we break even at the
  1462. 43:02internal break of structure, which is
  1463. 43:03going to be right here. This is our
  1464. 43:05break even line. So, our exposure or
  1465. 43:06risk is not going to be for that long.
  1466. 43:08We're already halfway there. only a few
  1467. 43:10pips of exposure, so it's worth the
  1468. 43:11shot, especially because we've already
  1469. 43:13taken a partial because at 1:23 risk
  1470. 43:15reward, we lock in half the volume. So,
  1471. 43:17we locked in 1.5%. That 1.5% we can take
  1472. 43:20a part of that and risk another 1%. So,
  1473. 43:22we're not using our accounts, we're
  1474. 43:23using profit of the day to compound into
  1475. 43:26a same direction move. And very nice
  1476. 43:28reaction we get, we are break even. In
  1477. 43:30fact, we were able to get the 1:23 right
  1478. 43:32here. So, now we can lock in another
  1479. 43:341.5. So, for the day, we're at 3%. We
  1480. 43:36are risk-free on both. And we can allow
  1481. 43:38now the higher time frame trend to play.
  1482. 43:40Now, in this case, it hits break even,
  1483. 43:41and position two also hits break even,
  1484. 43:43and then it goes like a rocket. So,
  1485. 43:45market mechanics played out, but it
  1486. 43:47didn't play out how we wanted it to
  1487. 43:48because we had first inducement, we had
  1488. 43:50second inducement right here of this
  1489. 43:52buildup of that trend line. Price comes
  1490. 43:54into the demand area where we got in,
  1491. 43:56but we kicked us out before price went
  1492. 43:58higher. And that's just how the market
  1493. 43:59is sometimes. You don't fight it, you
  1494. 44:00don't get angry. You say, "I protected
  1495. 44:02myself because I wanted to be risk-free.
  1496. 44:04I already locked in a partial twice. So,
  1497. 44:06I got something out of it, but I
  1498. 44:07couldn't catch the whole move, but at
  1499. 44:08least we got the direction right. We
  1500. 44:10understood the market mechanics. We
  1501. 44:11understood the move even without being
  1502. 44:13able to capitalize on the entire move.
  1503. 44:15And now that the New York key time
  1504. 44:16window is played, we can now see price
  1505. 44:18moves perfectly in unison with our
  1506. 44:20arrow. We make the higher high that we
  1507. 44:22expected. Now we reset and calibrate for
  1508. 44:24the next day. Okay. And now we see that
  1509. 44:26we made a higher high. So, now we need
  1510. 44:27to do the same framework again. We have
  1511. 44:29the same direction, the same objective.
  1512. 44:31We're working towards this supply area.
  1513. 44:33Buyers are clearly in control cuz we've
  1514. 44:34got higher high, retracement into
  1515. 44:36decisional higher low, inducement, and a
  1516. 44:38new higher high. So, therefore, we do
  1517. 44:39the same framework as always, which is
  1518. 44:41when you look to buy in a bullish trend,
  1519. 44:43you mark out your impulse, which is this
  1520. 44:45green arrow, and then you mark out your
  1521. 44:46extreme and decisional. In this case,
  1522. 44:48our extreme and decisional is the same
  1523. 44:50thing. They overlap. So, we mark out
  1524. 44:51this point of interest, and we only look
  1525. 44:53for buy opportunities if we arrive
  1526. 44:54there. In the meantime, we look for sell
  1527. 44:56opportunities because we've had
  1528. 44:57confirmation we are in a pullback. How
  1529. 44:59do we know? It's because once you form a
  1530. 45:01high in the market, you need to have an
  1531. 45:02impulse bearish, failure to make a
  1532. 45:04higher high. Even so, we have a build-up
  1533. 45:07inducement, makes a lower low, fails to
  1534. 45:08make another high, makes a lower low.
  1535. 45:10We've had three legs of internal
  1536. 45:11bearish. Clearly, we are targeting now
  1537. 45:13somewhere down here. And now we are in
  1538. 45:14the complex pullback. So, therefore, I
  1539. 45:16want to be looking for buys in the
  1540. 45:18demand area and sells down to that
  1541. 45:20demand area if we get a nice meaningful
  1542. 45:22inducement. Frankfurt is still within
  1543. 45:24the range of Asia, so no movement for
  1544. 45:26me, no information. And London open is
  1545. 45:28kind of nowhere. We don't have any
  1546. 45:29inducements. So, this is a
  1547. 45:31non-opportunity. There's no information.
  1548. 45:32Yes, we have some liquidity at Asia
  1549. 45:34midline. Yes, we induce it. Yes, we have
  1550. 45:36the internal break of structure. Yes, we
  1551. 45:37have the mitigation on London open and
  1552. 45:39the price action movement lower. This is
  1553. 45:41nowhere near a trade opportunity. We
  1554. 45:42don't have an inducement of control. We
  1555. 45:44don't have a trend. We don't have a POI.
  1556. 45:45This is simply market mechanics. We read
  1557. 45:47it, but we don't trade it. Okay. And
  1558. 45:48then once that's happened, we're going
  1559. 45:49to allow price play now to our New York
  1560. 45:51key time window. And we see London
  1561. 45:53session did a lot. It just whipsawed
  1562. 45:55around. It whips lower. It whips higher.
  1563. 45:57We're just inducing Asia low like so. In
  1564. 46:00the London window, we are inducing Asia
  1565. 46:01high during London session, and we are
  1566. 46:03in between inducement zones. We have
  1567. 46:05slightly broken lower, so I'll
  1568. 46:06investigate this one. But, for now, we
  1569. 46:08can start to see as the New York window
  1570. 46:09approaches, I want to be down here
  1571. 46:11looking for buys or up here looking for
  1572. 46:13sells. So, let's see how the New York
  1573. 46:15window presents. Okay, so we're at the
  1574. 46:17New York open. Let's play it to the New
  1575. 46:19York key time window, which is going to
  1576. 46:20be our gray box. And we can start to
  1577. 46:22see, okay, we're having some build-up
  1578. 46:23and inducements. We have this build-up
  1579. 46:26over here of London lows, and then we
  1580. 46:28are potentially inducing now. But, we
  1581. 46:30don't have rejection or confirmation and
  1582. 46:31not quite the key time window yet, so
  1583. 46:33let's keep seeing. Okay, now we've seen
  1584. 46:34a bullish impulse. And again, this could
  1585. 46:36be an enticing area, but it's not a
  1586. 46:38tradeable idea. Even though we have the
  1587. 46:40nice formations, look where we are. We
  1588. 46:43are in no-man's-land. I don't want to be
  1589. 46:44buying in premium, which means if I take
  1590. 46:47the range low to the range high, I want
  1591. 46:49to be in these discounted areas. We're
  1592. 46:50sitting around the 50%, so that's not
  1593. 46:52ideal. But, we're not in a POI. We don't
  1594. 46:54have a nice inducement. We just have a
  1595. 46:56inducement of London session, which is
  1596. 46:58not enough for me. I don't want to be
  1597. 46:59taking a trade even though we have
  1598. 47:01inducement of something, and we have an
  1599. 47:02internal break of structure, and now
  1600. 47:03we're mitigating in the key time window.
  1601. 47:05No imbalance is in this area, right
  1602. 47:07about the midline. We're not in
  1603. 47:08discounts, and we're not inducing
  1604. 47:09something so meaningful. So, I'm not
  1605. 47:11going to be getting into this one. This
  1606. 47:12is the difference between confluences.
  1607. 47:14Yes, I have inducement, time window, and
  1608. 47:15rejection, but it's not a setup. And
  1609. 47:17that's the key difference between
  1610. 47:18trading as an amateur and a pro, which
  1611. 47:20is taking predefined setups which have
  1612. 47:22data behind it versus just randomly
  1613. 47:23throwing things at the market. Remember,
  1614. 47:25the profitability we all seek is not in
  1615. 47:27more winning trades. There's plenty of
  1616. 47:28winning trades you can find that are
  1617. 47:29valid. It's in avoiding losses. So, you
  1618. 47:31need to be restricted to be profitable,
  1619. 47:33which is why I always say this. And
  1620. 47:34there's a clear zone that would be an
  1621. 47:35avoided loss. We still have the rest of
  1622. 47:37the key time window, and we are
  1623. 47:38approaching our demand area. So, now I
  1624. 47:40can start to get interested. Let's wait
  1625. 47:42and see if price reaches down there.
  1626. 47:44Okay, now we're in our demand area, and
  1627. 47:46we have a strong rejection. This is
  1628. 47:47where I can start to get interested now.
  1629. 47:49And in fact, the execution would be
  1630. 47:50perfectly here, where we have a break of
  1631. 47:53structure. We have my demand area
  1632. 47:54mitigation, like so.
  1633. 47:57And it's in the key time window, and
  1634. 47:58therefore the trade opportunity becomes
  1635. 48:00on the imbalance right here, covering
  1636. 48:02the low. Slightly larger the stop loss
  1637. 48:04than we would love to have, but still
  1638. 48:05valid. Now becomes a very simple trade.
  1639. 48:07A lot easier than the last one, because
  1640. 48:09we have point of interest, we have time
  1641. 48:11window, and we have rejection. These are
  1642. 48:13the three things that we look for, and
  1643. 48:14it's aligned with our M15 and our road
  1644. 48:16maps that we started off the week with,
  1645. 48:18where we were going to look for a
  1646. 48:19replication of a bullish move from our
  1647. 48:21point of interest, targeting the supply
  1648. 48:23area. So, I don't need to target the
  1649. 48:25whole move, I just need my 1:3 and 1:10.
  1650. 48:27And because with the trend, I should be
  1651. 48:28looking for both. And now that the trade
  1652. 48:30has been executed, we now wait for a
  1653. 48:32break even management, which is going to
  1654. 48:34be upon an internal break of structure,
  1655. 48:35which is right here. So, we haven't had
  1656. 48:37a break even just yet, and then price
  1657. 48:39eventually hung around for a while,
  1658. 48:41which is not ideal, but eventually we
  1659. 48:43did get the break even protocol right
  1660. 48:44here. And then the 1:3 as well. So, the
  1661. 48:471:3 was approximately around here. So,
  1662. 48:49we had the 1:3 in that impulse, and now
  1663. 48:51we are still loaded and ready for our
  1664. 48:531:10 if it presents the next day, which
  1665. 48:56is the last day of the week, Friday. So,
  1666. 48:58Friday we're already in this trade, so I
  1667. 48:59don't need to aggressively look for an
  1668. 49:00opportunity. I just need to look for a
  1669. 49:02continuation of my trend in my
  1670. 49:04direction, hopefully aligned with this
  1671. 49:06demand area, which is the demand area
  1672. 49:08controlling the move right now. We have
  1673. 49:09all of this Asia low liquidity. If we
  1674. 49:11can induce into my valid demand area,
  1675. 49:13then I can potentially look for a trade.
  1676. 49:15Okay, we are inducing perfectly, but
  1677. 49:16we're not in our point of interest, so I
  1678. 49:18don't want to be chasing it, as we're
  1679. 49:20already in something. But this at least
  1680. 49:21gives me confirmation that the trade I'm
  1681. 49:23already in is valid. I'm more likely to
  1682. 49:25hold towards my take profit. Why?
  1683. 49:27Because we have Asia low and all of this
  1684. 49:29build-up, we have inducement on the
  1685. 49:31minute of London key time window, and
  1686. 49:33then we're starting to get a break of
  1687. 49:34structure. So, this is now pretty much
  1688. 49:36likely to keep on going higher, like
  1689. 49:38such. Not a tradeable opportunity
  1690. 49:39because we're already in it, and then
  1691. 49:41price comes to mitigate, so we're just
  1692. 49:42reading price at this point. We don't
  1693. 49:44need to chase it, we don't need to
  1694. 49:45understand each little impulse, which is
  1695. 49:47why I'm staying on the M5, because I'm
  1696. 49:49already in a trade. I just want to be
  1697. 49:50seeing if it goes towards my target,
  1698. 49:52which is 1:10, which is looking highly
  1699. 49:53probable cuz we have build-up,
  1700. 49:55inducements, break of structure,
  1701. 49:56mitigation, continuation higher. And
  1702. 49:58there we have it with the New York open
  1703. 49:59and New York volume. It does exactly
  1704. 50:01what we need, which is build up some
  1705. 50:03liquidity, induce New York window
  1706. 50:05becomes the rocket to hit our targets,
  1707. 50:07but we haven't quite hit the 1:10 just
  1708. 50:09yet. So, we are very close. So, I want
  1709. 50:11to see if I'm going to get there. For
  1710. 50:12now, we have movement and volatility on
  1711. 50:14our side. The key time window is
  1712. 50:15inducing in our way, and we are holding
  1713. 50:18the demand areas we need to be holding.
  1714. 50:20So, everything is looking good. Now, by
  1715. 50:21the end of the day, I just want to see
  1716. 50:22or end of the week, will it go exactly
  1717. 50:24where I want it to, which is my take
  1718. 50:25profit level. And there we have it. We
  1719. 50:27had to hold it over the weekend, but we
  1720. 50:29eventually got the volatility and
  1721. 50:30movement for this one also to be a 1:10
  1722. 50:33risk-reward trade. So, that's a full
  1723. 50:34week walk-through on the 1-minute time
  1724. 50:36frame, walking through every
  1725. 50:37opportunity. We understood most of the
  1726. 50:39moves, as you can see as you watched the
  1727. 50:40whole video. Each movement along the way
  1728. 50:42was understood, market intentions were
  1729. 50:43understood, and we got a 1:3 over here,
  1730. 50:45we got another 1:3 over here, we got a
  1731. 50:471:10 over here, and we did have a losing
  1732. 50:49position over here. It was not a loss
  1733. 50:50because we broke even, so trade
  1734. 50:52management saved us. But in the end, a
  1735. 50:53normal walk-through of a normal week,
  1736. 50:55walking away with over 7% profit,
  1737. 50:57especially when you see how we managed
  1738. 50:59this position, it might even creep
  1739. 51:00closer to 8 or 9%. But the key to all of
  1740. 51:02this was not understanding the winning
  1741. 51:03trades, it was understanding how you
  1742. 51:05avoided losses because you could have
  1743. 51:06taken these same winning trades, but
  1744. 51:07also taken a bunch of losses if you
  1745. 51:09didn't understand how to navigate it
  1746. 51:10correctly, which is why I always say
  1747. 51:12that a restricted trader is a profitable
  1748. 51:14trader.

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