The Only 2 TIMEFRAMES and 2 LINES I Use for Big Trades — Transcript

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1. 0:00This week, I had one of my biggest
2. 0:02trading days. And what's crazy is it
3. 0:05came down to just two lines and two time
4. 0:08frames. I ignored this for years because
5. 0:11I thought trading has to be complicated
6. 0:14to be profitable. Look at this move,
7. 0:16clean, structured from point A to point
8. 0:20B. But this is what most traders are
9. 0:23doing, jumping in and out on the
10. 0:25one-minute chart and using tons of
11. 0:27indicators. It's stressful and it's
12. 0:30exhausting. And they're scalping like
13. 0:33addicts just to get a few points and to
14. 0:36give it all back at the end of the day.
15. 0:38And then they completely miss this move.
16. 0:41Look, I used to do the exact thing. I
17. 0:44thought more activity equals more
18. 0:46profits. I was overtrading and
19. 0:49overanalyzing until my eyes hurt. But in
20. 0:52reality, I wasn't trading a strategy. I
21. 0:55was just reacting to noise. And
22. 0:57eventually, I had enough. And that's
23. 0:59where everything changed for me. I
24. 1:01stopped looking for the perfect
25. 1:03indicator and started looking for
26. 1:05perspective. I stopped trying to trade
27. 1:08every single flicker on the screen and
28. 1:11finally started focusing on only two
29. 1:13time frames. Let me show you how to set
30. 1:16that up. So, the first thing we want to
31. 1:17do is we want to switch to the one-hour
32. 1:20chart. And this is my North Star. This
33. 1:23is where I draw my liquidity zones. And
34. 1:26for that, I draw one line at the recent
35. 1:29swing high, just like that, and one more
36. 1:33line at the recent swing low, just like
37. 1:36that. That's it. So, I'm not guessing
38. 1:38where the market might turn. I'm looking
39. 1:41at where it actually reacted before. So,
40. 1:44here are the two simple rules. If the
41. 1:46price is at the lower line, I'm only
42. 1:49looking to buy. And in this case, my
43. 1:52target is at the upper line. If the The
44. 1:55is at the upper line, I'm only looking
45. 1:58to sell. In this case, my target would
46. 2:00be at the lower line. If the price is in
47. 2:03the middle, I do nothing. That's it. So,
48. 2:06if the price isn't near these levels, I
49. 2:09don't touch my keyboard. Now, marking
50. 2:11these levels is half of the battle, but
51. 2:14if you enter as soon as the price
52. 2:16touches one of these zones, you'll get
53. 2:18stopped out a lot. And most traders make
54. 2:21the mistake of switching to the 1-minute
55. 2:23chart and get chopped into pieces. So,
56. 2:26instead, we want to switch now to the
57. 2:2815-minute chart and wait for the fake
58. 2:30out to be over and wait for a
59. 2:32confirmation. So, let me show you how
60. 2:35that looks like because this is the
61. 2:37exact trade I took life in our trading
62. 2:39community. So, first, I waited for the
63. 2:42US equity market to open, which happens
64. 2:44at 9:30 a.m. EST. And as we can see,
65. 2:48right at the open, the price went
66. 2:51straight below the line that we marked
67. 2:53from the 1-hour chart. So, what I want
68. 2:56to see now is my favorite pitchfork
69. 2:58candlestick confirmation. I want to see
70. 3:01one green candlestick first. And this is
71. 3:04going to show me two things. First, the
72. 3:06move down is most likely over. And
73. 3:09second, buyers are stepping in ready to
74. 3:12flip the price to the upside. As we can
75. 3:15see, we have our first green candlestick
76. 3:18here. Now, the entry happens as soon as
77. 3:21the next candlestick starts taking the
78. 3:24high of that previous candlestick. And
79. 3:27in this case, the stop loss can be
80. 3:28placed here slightly below. And as a
81. 3:32target, we can use one of these previous
82. 3:34high right here. So, for that, I'm
83. 3:37putting my take profit right here
84. 3:39because we're in a very volatile market,
85. 3:41and I prefer using limit orders in this
86. 3:44case. As we can see, my take profit was
87. 3:47hit, and this was a very nice, clean
88. 3:50move straight from point A to point B.
89. 3:53So, what changed everything wasn't a new
90. 3:56tool or a new indicator. It was
91. 3:58realizing that less is more. Not more
92. 4:01trades, not more analysis, just seeing
93. 4:04the big picture first. And if you feel
94. 4:06like you're always one step behind and
95. 4:08chasing the market, you're probably not
96. 4:11missing a skill. You're most likely
97. 4:12missing to see the big picture. So, this
98. 4:15week try zooming out and draw these
99. 4:18swing highs and lows and let me know if
100. 4:21that helps. And by the way, each week I
101. 4:23send the weekly gains guide where I map
102. 4:26out these exactly clearly zones. It's
103. 4:29totally free and I will put the link
104. 4:31just in the description below. Thank you
105. 4:33so much for watching and I cannot wait
106. 4:35to see you back here on our channel
107. 4:37again. Bye for now.