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Trading Course Day 5 - Understand Entries More — Transcript

by SCI · 4,544 words · 646 segments · language en · Watch on YouTube

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  1. 0:00All right, guys. So, today we're going
  2. 0:02to get into talking about market
  3. 0:04structure and overall reaction levels.
  4. 0:07So, market structure is going to play
  5. 0:08along into reaction levels, but I want
  6. 0:10to show you everything um just firsthand
  7. 0:13of how my mindset is. I'm not really
  8. 0:15going to look too far back. Um I'm just
  9. 0:17going to show you how you can look at
  10. 0:19the market from this way and, you know,
  11. 0:21find those setups because a lot of
  12. 0:23people ask me, how do I find my setups?
  13. 0:25Everything else is super easy. The entry
  14. 0:27is easy. I already explained that.
  15. 0:29knowing when the correction is over.
  16. 0:30I've already explained that. So, you
  17. 0:32need to go back and watch those videos
  18. 0:35over and over and over and over and over
  19. 0:37and over and over until it clicks in
  20. 0:39your head. Later on down the line, I'll
  21. 0:41give more examples as the day progress.
  22. 0:44But I kind of like to show you what's
  23. 0:46happened, what trades have I took so
  24. 0:49that way it makes more sense. So, right
  25. 0:52now I haven't taken any trades because
  26. 0:54what I'm going to explain in this video,
  27. 0:56right? So the first thing I want you to
  28. 0:58remember is the fundamentals. So if we
  29. 1:01have a high and we have a low, so we
  30. 1:03have a high and then we have a low,
  31. 1:05right? These levels have buyers and
  32. 1:08sellers. So in this case up here in this
  33. 1:10level, there are going to be sellers,
  34. 1:12right? Sellers because this is the
  35. 1:14highest point that price can get to.
  36. 1:16That's why it's called a high. The
  37. 1:18highest point it can get to. And
  38. 1:19remember fundamentals, you have a high
  39. 1:22and then you have the higher high and
  40. 1:23then you have a higher high above that,
  41. 1:26right? And then you also have a lower
  42. 1:28high which is meaning that bears are
  43. 1:30coming into the market. Right? So we
  44. 1:32have buyers and then we have sellers too
  45. 1:34as well. So right here and then we're
  46. 1:37going to put buyers. Right? And what
  47. 1:39this essentially means is that when
  48. 1:41price gets to its lowest point. That's
  49. 1:44letting you know that buyers are
  50. 1:46stepping into the market to drive price
  51. 1:49back up. It wants to drive price back up
  52. 1:51because this is the level that they feel
  53. 1:53like purchasing their stocks. and then
  54. 1:56taking it back up to the highest point,
  55. 1:58right? And if people are you if it's
  56. 2:01getting lower and lower, that is the
  57. 2:04amount of sellers that are coming into
  58. 2:06the market selling their shares at
  59. 2:07certain levels or selling their stock at
  60. 2:10certain levels. I trade NASDAQ
  61. 2:13um pretty much every that's pretty much
  62. 2:14what I've been doing for four years
  63. 2:16because I know people ask, "What am I
  64. 2:18trading? What do you trade? What do you
  65. 2:19trade?" I guess some people don't have
  66. 2:21common sense. Like once again, I know
  67. 2:24I'm going to go off topic, but a lot of
  68. 2:26people don't have common sense to kind
  69. 2:27of think for themselves.
  70. 2:30So there some questions that I see that
  71. 2:32you can easily Google or you can easily
  72. 2:34chat GBT something. I'm just simply
  73. 2:37showing you how I trade. You can figure
  74. 2:40out, oh, how do I calculate pips or how
  75. 2:43do I do this or how do I do that in the
  76. 2:45terms of like, oh, should I get Trading
  77. 2:48View Premium? Like, bro, you're asking
  78. 2:50the wrong questions. you're asking the
  79. 2:52wrong questions. So, anyways, um, back
  80. 2:56to this. Buyers at a certain level,
  81. 2:58they're going to drive price back up and
  82. 3:01then sellers, they're going to drive
  83. 3:02price down because they're selling their
  84. 3:04shares. With this being said, how I like
  85. 3:08to use the high and low levels. Most
  86. 3:10people think I'm trading break or retest
  87. 3:12or just support and resistance. I don't
  88. 3:15I don't think in that mindset. You might
  89. 3:17view it as that because we look at the
  90. 3:19charts differently. You might view it as
  91. 3:20support and resistance, breaking retest,
  92. 3:23but there's things that I've seen where
  93. 3:25breaking retest, how I've seen it and
  94. 3:27how people project it is not the same
  95. 3:29way with how I trade because breaking
  96. 3:31retest is coming back out to that same
  97. 3:33support. So, let's say price breaks and
  98. 3:35then it retests this level and then goes
  99. 3:38back down. That's breaking retest. What
  100. 3:40I've seen is price liquidates
  101. 3:42everything, comes back and then later on
  102. 3:45down the line it'll come back below that
  103. 3:47level. That's not a breaking retest for
  104. 3:49me. I don't see that as breaking retest
  105. 3:51from what I've learned. Right? So
  106. 3:53anyways, we have buyers and sellers.
  107. 3:55What I like to do is I like to think of
  108. 3:57it in a sense of at this level buyers
  109. 4:00have the most control and it's like a
  110. 4:03brick wall in a sense. Price is price
  111. 4:05has a brick wall and it's not letting it
  112. 4:08go any lower than this. So if this is
  113. 4:12the case, anything above a low, a swing
  114. 4:16low. So anything, okay, we can write
  115. 4:18this down. Anything
  116. 4:22above a swing low
  117. 4:27equals
  118. 4:29potential.
  119. 4:32I don't know if I spelled that right.
  120. 4:33Potential bullishness, right?
  121. 4:38Bullish. Bullish. potential bullish,
  122. 4:42right? Vice versa, anything
  123. 4:49below a swing high
  124. 4:54equals
  125. 5:02potential bearish, right? And I like to
  126. 5:06think in this way because then ICC plays
  127. 5:08a huge part in how I should be thinking.
  128. 5:11Now if I know price at this level has
  129. 5:15potential to be more bearish and I know
  130. 5:18above this level price has the potential
  131. 5:20to be more bullish. Think about this.
  132. 5:22Right? So pause
  133. 5:25take what I'm saying in take what I've
  134. 5:27just said. I'mma repeat it one more
  135. 5:29time. Anything above a swing low, higher
  136. 5:34time frame, one hour, 4 hour, daily.
  137. 5:37Anything is swing lows, swing lows,
  138. 5:39swing highs. You should you should be
  139. 5:40looking for your swings on your 1 hour,
  140. 5:424 hour, or daily time frame. Really, you
  141. 5:45can do one hour and 4 hour. Those are
  142. 5:47the keys right there. Those are keys
  143. 5:49right there. Use that one hour, use that
  144. 5:514 hour, watch how it changes, right?
  145. 5:53Watch how it changes your trading. But
  146. 5:55take what I just said. Anything above a
  147. 5:58swing low and anything below a swing
  148. 6:02high, they either have the potential to
  149. 6:04be bullish or bearish. The exact way I
  150. 6:07have it right here. So, screenshot it.
  151. 6:10Whatever the case might be, do it how
  152. 6:12you need to, however you need to learn
  153. 6:14it, right? And then this plays a part
  154. 6:17because then when we look at actual
  155. 6:20price, oops, sorry. When we look at
  156. 6:22actual price, oh, I can't even drag this
  157. 6:25over. Let me go ahead and delete this.
  158. 6:27Let me like move this out the way. Boom.
  159. 6:31So now when we look at actual price,
  160. 6:33everything will start to align with you
  161. 6:35and it should make sense. If it doesn't
  162. 6:38make sense right now, man, I don't know,
  163. 6:40bro, because I'm explaining it on a
  164. 6:42kindergarten level, right? So
  165. 6:46if we have this swing high, price comes
  166. 6:49up, resistance, sellers kick into the
  167. 6:52market, right? Sellers kick into the
  168. 6:54market. They're trying to drive price
  169. 6:55down, but then price is like, "No, I
  170. 6:57don't want to go down. I want to keep
  171. 6:58going up." So, it makes higher support
  172. 7:00levels. Right? And then we have this
  173. 7:02push up. Right?
  174. 7:05Remember,
  175. 7:07at this high level, there were sellers
  176. 7:10holding price from going any higher than
  177. 7:13this.
  178. 7:15There's sellers that was sitting at this
  179. 7:18level. Same right here. That same push
  180. 7:21down. Sellers were sitting here at this
  181. 7:24level. Sellers, let me I got to type it
  182. 7:27out for some of you guys. Sellers are
  183. 7:30sitting here
  184. 7:32trying their best to drive price down.
  185. 7:35But once again, go back to the
  186. 7:36fundamentals like episode number one.
  187. 7:40Remember, if price is on an uptrend,
  188. 7:42it's going to start creating higher
  189. 7:44higher lows in this situation because
  190. 7:46the supports are getting higher, which
  191. 7:47means price is getting bullish, right?
  192. 7:49So now this is our next support. So,
  193. 7:51this is telling me buyers are trying to
  194. 7:55drive price up at this level, right? But
  195. 7:58that's the least of your worries. You
  196. 7:59need to focus on the sellers that were
  197. 8:02here at this point. And now, look at
  198. 8:06this. Price has broken out and pushed up
  199. 8:10and made new highs. So, this lets me
  200. 8:13know that sellers at this level are no
  201. 8:17longer in control of the markets at this
  202. 8:20point. They've gotten swept out by the
  203. 8:23new buyers in the market and the new
  204. 8:25buyers are coming into a new point of
  205. 8:28sellers. So now they've reached another
  206. 8:32boss, another level of sellers.
  207. 8:36So the market will then
  208. 8:40the market will then liquidate.
  209. 8:43Liquidity liquidity just means grabbing
  210. 8:46money. Keep it simple. don't [ __ ] use
  211. 8:48all that extra BS to understand
  212. 8:50liquidity. Liquidity is just grabbing
  213. 8:53more money. They they see this [ __ ]
  214. 8:57Chanel bag, they can't afford it right
  215. 8:59now. So, what are you going to do?
  216. 9:00You're going to go find some [ __ ]
  217. 9:02money. You're going to make some [ __ ]
  218. 9:03money. And then you're going to come
  219. 9:05back to the store and buy the bag. And
  220. 9:07then another bag comes out and you're
  221. 9:09like, "Shit, I don't have enough money
  222. 9:10for that bag." So, what are you going to
  223. 9:12do? you're going to go grab some more
  224. 9:13money, go make some more money, and then
  225. 9:15come back and get the bag. It's the same
  226. 9:18thing, right? So, the market sees
  227. 9:20there's more sellers.
  228. 9:23They are they're at a higher level of
  229. 9:25price.
  230. 9:27What is price going to do? It's going to
  231. 9:30liquidate the market because there's so
  232. 9:32many new traders. You can't even see
  233. 9:34what I'm pointing at. There's so many
  234. 9:36new traders at these levels. There's so
  235. 9:38much money at these levels that people
  236. 9:40might not have stop losses, might have a
  237. 9:42short stop-loss. There's so many stop-
  238. 9:44losses that it can take out to liquidate
  239. 9:46the markets because when you make money
  240. 9:49from the markets, you're actually
  241. 9:51stealing from it. The market doesn't
  242. 9:53want you to steal from it. It wants you
  243. 9:55to lose so they can collect that money
  244. 9:57because they're going to collect the
  245. 9:58money that you lose. So, it's trying to
  246. 10:03push down and liquidate these people,
  247. 10:05make them lose, make them think, oh,
  248. 10:09price is going to sell off now, so let
  249. 10:11me sell. So, now they're selling, too.
  250. 10:12So, once price reaches a level, it
  251. 10:15starts selling off. And then people then
  252. 10:17think, oh, price is selling, so let me
  253. 10:19get in sales. And then they get into
  254. 10:20sales. And by the time they get into
  255. 10:22sales, remember
  256. 10:25that that higher low level, right? Price
  257. 10:27is not trying. Price if price is truly
  258. 10:29in an uptrend and we've already seen the
  259. 10:31signs, right? We've already seen this
  260. 10:33breakout. This shows us the signs that
  261. 10:35price is getting bullish, right? Price
  262. 10:38is not going to break this level though.
  263. 10:40But most people are not going to know
  264. 10:41that. They keep thinking in a mind of
  265. 10:43greed, a mind of of of abstensing
  266. 10:47abstinence, a mind of uh deficiency
  267. 10:51because they're like, I need to get
  268. 10:52money. I need to get it now. So they are
  269. 10:54going to try everything without using
  270. 10:57the proper um the proper knowledge the
  271. 10:59proper mindset of future terms of where
  272. 11:01price is going to go. So both of these
  273. 11:04both of these areas right here are
  274. 11:06normally people that FOMO
  275. 11:09greed.
  276. 11:12This is FOMO and greed. This first move
  277. 11:14up is FOMO and greed. And then this the
  278. 11:17second move down is revenge trading.
  279. 11:22Bro, I can't spell revenge
  280. 11:26and FOMO.
  281. 11:32And the reason is because most people
  282. 11:33FOMO on the breakouts. They don't want
  283. 11:35to wait for a clear direction of where
  284. 11:37price is going to go and then they're
  285. 11:39super greedy because they feel like they
  286. 11:41need to be in on this breakout. They
  287. 11:43feel like they need to do this. They
  288. 11:44feel like they need to trade off this
  289. 11:47breakout. They're not thinking long
  290. 11:48term. They're not thinking in an aspect
  291. 11:50of an actual trader. the people that you
  292. 11:52see on Instagram that are taking these
  293. 11:54small little scalps, yeah, they're
  294. 11:55making a little bit of money, but I'm
  295. 11:57telling you, the game will change for
  296. 11:58you when you switch to this higher time
  297. 12:00frame and start thinking of your plays
  298. 12:02longer term, like taking it day by day,
  299. 12:04but also you can take a trade in one day
  300. 12:06and then be able to hold for the week
  301. 12:08and then you'll make more money that
  302. 12:10way. You won't be having these
  303. 12:12consistent losses because you're taking
  304. 12:1430 trades a day, bro, or 30 trades a
  305. 12:17week. So you don't need every movement
  306. 12:21shouldn't be your movement. Every
  307. 12:23movement should not be your trade, bro.
  308. 12:26You need to take the movement in and
  309. 12:28understand that this is a part of the
  310. 12:30trend long term. You need to understand
  311. 12:32that this is how price is going to move
  312. 12:35long term. If you're trading that higher
  313. 12:38time frame, it avoids all the noise that
  314. 12:40people are showing you on Instagram and
  315. 12:42social media in general. It avoids all
  316. 12:44that noise. You avoid all the noise and
  317. 12:46you make more money when you switch to a
  318. 12:49mindset where you're thinking long term
  319. 12:51of where the market is going long term.
  320. 12:53We are trading economies. We're trading
  321. 12:55governments and all types of news. We're
  322. 12:57trading how the world is working. So if
  323. 13:01you think something is going to happen
  324. 13:02in the world long term and if you're
  325. 13:05looking at your charts and you seeing it
  326. 13:06long term, why are you trading every 15
  327. 13:10minutes?
  328. 13:11[ __ ] happens every other month.
  329. 13:14something new happens that you could
  330. 13:15capitalize off of, right? So, why are
  331. 13:18you trading in a way where you feel
  332. 13:20like, oh, just I'mma just trade this one
  333. 13:22day and then I'm going to trade the next
  334. 13:24day and I'm looking for something
  335. 13:25different. You trade on Monday, you're
  336. 13:27looking for buys and then you trade on
  337. 13:28Tuesday and then you're looking for
  338. 13:30sells. No, stick with one thing. Trading
  339. 13:32that higher time frame and the higher
  340. 13:34time frame will show you you're trading
  341. 13:36buys and sells every single other day,
  342. 13:38but long term, I'm just going straight
  343. 13:40down and you're just trading me up and
  344. 13:42down, right?
  345. 13:44Sorry, I get a little angry because
  346. 13:45because people like like the people the
  347. 13:48things that y'all see on social media is
  348. 13:50not true, bro. And it's so annoying
  349. 13:52because it's just not true. But anyways,
  350. 13:56FOMO and greed which causes the market
  351. 13:58to push up in these levels.
  352. 14:01Um, and then the revenge trade because
  353. 14:03they've lost off these buys. sellers
  354. 14:05kick into the market and kills out their
  355. 14:07trades and then they start revenge
  356. 14:09trading and then FOMOing because they
  357. 14:11think price is going to sell long term
  358. 14:13or however they're thinking and then
  359. 14:16price reaches a level where it cannot
  360. 14:18break because it's holding up strong
  361. 14:19using those higher time frame levels.
  362. 14:21And if it does break, that just shows us
  363. 14:23that the trend is changing in another
  364. 14:25direction or most likely trying to grab
  365. 14:28liquidity out of the market even more to
  366. 14:30kind of stop you out or, you know, to
  367. 14:32stop the other people out. And then
  368. 14:35we have that second move up. Remember,
  369. 14:39since we're talking about reaction
  370. 14:40levels, I want you to remember above
  371. 14:42this level. Remember who was here,
  372. 14:44right? So, under this level, we don't
  373. 14:47want to trade under this level, right?
  374. 14:48So, we don't want to trade under this
  375. 14:50high. The reason why we don't want to
  376. 14:52trade under this high because it does
  377. 14:53have the potential once it's back under
  378. 14:55here, it does have that selling
  379. 14:57potential to sell off. It does have that
  380. 14:59potential. So, we don't trade that. We
  381. 15:01don't we don't try to touch that. We
  382. 15:03wait for that market to get back above a
  383. 15:06level where we know price is going to
  384. 15:08have that momentum back to another level
  385. 15:11that it came from before. So we know
  386. 15:13price is going to have that same
  387. 15:14momentum. We see that price is going to
  388. 15:16have that same momentum. So whenever we
  389. 15:18trade, we're going to trade based off
  390. 15:20the momentum and the reactions that we
  391. 15:22have. Price is going to move with that
  392. 15:23volume. And you're going to look for
  393. 15:25price to, and this is just an example,
  394. 15:28you're going to put it under that higher
  395. 15:29low. But remember back in the last video
  396. 15:32about entries, I showed you exactly how
  397. 15:34to get an entry. So you should not be
  398. 15:35asking me how to get an entry. I've
  399. 15:37already explained it. Go back and look
  400. 15:39at the other video. I explained exactly
  401. 15:41how you can get an entry. Right? So with
  402. 15:44this being said, I want you to look at
  403. 15:47this this way.
  404. 15:49And remember, reaction levels come from
  405. 15:51those highs and those lows. The highs
  406. 15:53and lows falls back into this. Here's
  407. 15:56your high.
  408. 16:03Right? And then here's your low.
  409. 16:06Right?
  410. 16:08So if price is above a high, that lets
  411. 16:12you know that sellers are not in that
  412. 16:15market. They're not above that level.
  413. 16:17Right? Sellers are not under sellers are
  414. 16:19not at that level. So
  415. 16:22take a take a screenshot of this if if
  416. 16:25you need, right? Take a screenshot. I'm
  417. 16:26going pull this over a little bit. Take
  418. 16:28a screenshot of this if you need. I'm
  419. 16:30going move this out the way. I'm going
  420. 16:31to give you a couple seconds,
  421. 16:33right?
  422. 16:35I'm going to go ahead and put entry so
  423. 16:37you can kind of understand
  424. 16:40entry level. Your entry should always
  425. 16:42come from where price initial initiates
  426. 16:46the bullish momentum. So that means the
  427. 16:49bullish momentum starts as soon as price
  428. 16:51is above this level. So when we take our
  429. 16:53entry, it should only be where that
  430. 16:55bullish momentum kicked in in the first
  431. 16:57place, right? And then your stop loss
  432. 16:59should be at a level where it has that.
  433. 17:01So you see here where we have that
  434. 17:03higher low. Price is going to make
  435. 17:06another higher low based off the based
  436. 17:09off the trend. It's going to make
  437. 17:10another higher low. Once again, go back
  438. 17:12to the fundamentals. Look at an uptrend
  439. 17:14fundamentals. And then you can see that
  440. 17:17price will build that higher low. And
  441. 17:18I've already showed you guys, I've
  442. 17:20already shown you guys how to take an
  443. 17:22entry. So once again, go back and watch
  444. 17:24that video over and over and over and
  445. 17:26over until it makes sense, right? Um,
  446. 17:30but yeah, you would scale down to that
  447. 17:3115 minute time frame to find that entry
  448. 17:33and you would take price back up, right?
  449. 17:36And it's not that simple. It looks
  450. 17:38simple, but it's not that simple because
  451. 17:39you really have to analyze and
  452. 17:41understand the markets itself,
  453. 17:45right? before you can just make it look
  454. 17:47like this. Right? So, I'm going to show
  455. 17:50you what my mindset is right now on a
  456. 17:54current chart and then I'm I'mma get out
  457. 17:56your hair. Right? So, go ahead once
  458. 17:58again, take a picture of this if you
  459. 18:00need,
  460. 18:02right? Pause the video, whatever you
  461. 18:04need to do. Right? So, remove this and
  462. 18:08then we're going to bring my chart back.
  463. 18:10Yeah, I get so angry thinking about just
  464. 18:13everything that y'all have learned.
  465. 18:14Right.
  466. 18:15So one hour time frame, first thing that
  467. 18:18I notice is that price has this high
  468. 18:20area and then it starts sharply going
  469. 18:22down. So now I'm pretty interested
  470. 18:24because in my head I know this big move
  471. 18:26down has caused something to break. It's
  472. 18:28broken something. And I'm not saying
  473. 18:30that just because I can see it already.
  474. 18:33I'm seeing I'm saying it because this is
  475. 18:34the first thing that points out to me.
  476. 18:36This is the highest point. Also this low
  477. 18:38over here, but I can see that current
  478. 18:40price is all the way up here. So I'm not
  479. 18:41too focused on it. Right. So, the first
  480. 18:44thing that I'm going to note is that
  481. 18:45price has this high. And then I'm going
  482. 18:47to ask myself, what caused this high?
  483. 18:50How did price push up and cause this
  484. 18:53high? So, then obviously I know now that
  485. 18:56I have this low level right here. So,
  486. 18:58now when I'm thinking about this, this
  487. 19:00goes back into my entry that I had last
  488. 19:03week, this high and this low. So now we
  489. 19:05have this high
  490. 19:10and we also have this low,
  491. 19:15right? So now we have the the low and
  492. 19:17the high and obviously we have this one
  493. 19:20that was a high too. So this was that
  494. 19:22indication for price to be bullish,
  495. 19:24right? So once again this is that
  496. 19:25indication for price to be bullish. But
  497. 19:27the reason why we didn't get into that
  498. 19:29trade is because why? We didn't have our
  499. 19:31second push back above that level,
  500. 19:33right? Even here, right? Price tried to
  501. 19:36push up here. Why? Why? Why didn't it
  502. 19:39push up there? Why didn't it push up
  503. 19:41there? Or why didn't it push above?
  504. 19:42Because remember, sellers are in control
  505. 19:45above I mean below this level at all
  506. 19:48highs. You can draw this at any high
  507. 19:49that you have. Sellers are at that high
  508. 19:52and then it's trying to push price down.
  509. 19:54And remember, buyers are at this low. So
  510. 19:57now we have buyers sitting at this low.
  511. 19:59Let me make sure I'm recording, bro. is
  512. 20:01sometimes like I'll be talking. Yep.
  513. 20:04Video still on. Okay, good.
  514. 20:07Buyers are sitting at this low. So,
  515. 20:09they're trying to push price up. So,
  516. 20:11now, oh my goodness. Trading is like, if
  517. 20:14you just actually [ __ ] think for a
  518. 20:17second, like if you actually calm down
  519. 20:19and think about it, it's actually simple
  520. 20:22as possible. The way that I'm explaining
  521. 20:24it, as simple as possible, right? So
  522. 20:28buyers are sitting here pushing price
  523. 20:30up. You can see price have that momentum
  524. 20:33to get driven up. But the moment price
  525. 20:36breaks this, remember there are no
  526. 20:39buyers at this point because price is
  527. 20:42obviously breaking through it and
  528. 20:45causing a new low. So now it's causing a
  529. 20:48new
  530. 20:49a new a new move, a a new momentum, a
  531. 20:52new reaction back down to these levels.
  532. 20:55Right? So now we know anytime price is
  533. 20:58under this level, it has the potential
  534. 21:00to drive down to this level. And if we
  535. 21:03drag this over here,
  536. 21:06look at the Oh my god, bro. Bro, there's
  537. 21:09no way that you don't understand this
  538. 21:11after the 60 days. If you don't, bro,
  539. 21:13I'm sorry to say this. I'm actually
  540. 21:15sorry to say this, but if you don't
  541. 21:17understand this after all 60 days, you
  542. 21:20are a [ __ ] dumbass. I'm sorry to say
  543. 21:22this, right?
  544. 21:25So
  545. 21:27all we did was mark up the high,
  546. 21:29understand where that high has came
  547. 21:31from. So here, understand where that
  548. 21:33high has came from and then we look over
  549. 21:37here and we've seen price break that
  550. 21:39structure. So this lets us know under
  551. 21:41this level price has the potential to
  552. 21:42sell back down to this level. This is
  553. 21:44our indication. Here's our correction
  554. 21:47and the continuation back under this
  555. 21:49level to take out that to take out this
  556. 21:51low cause a new indication. This
  557. 21:54indication has a correction. It has a
  558. 21:56continuation that stops right at these
  559. 21:59levels. Even though price was here,
  560. 22:02stopped here, but it's still good
  561. 22:03because there's buyers at this level.
  562. 22:05They must have came in a little bit
  563. 22:07stronger. Come in a little bit stronger.
  564. 22:09They take out. Now this is this is this
  565. 22:12is the part where you need to start
  566. 22:14thinking more about reactions itself. So
  567. 22:18look at the same level that we're going
  568. 22:19to drag all the way through this high
  569. 22:20right this high. Remember sellers are
  570. 22:24sitting at this level trying to push
  571. 22:26price down. So every time price comes
  572. 22:28into this level that means buyers have
  573. 22:30to be stronger than the sellers in order
  574. 22:32to come back above this level. Right? So
  575. 22:35if price here has sellers once again if
  576. 22:39price is here and has sellers at this
  577. 22:42level
  578. 22:44it cannot be considered
  579. 22:47a bullish trend until price breaks out
  580. 22:52of an level where there are sellers
  581. 22:55holding price up.
  582. 22:58Right? If if sellers are pushing oh I
  583. 23:00don't know why I said up holding price
  584. 23:02down. So sellers are sitting here
  585. 23:04pushing price down. Even this this break
  586. 23:08here, everything was this right here was
  587. 23:10all because the previous news that has
  588. 23:12came up and all the fake news and all
  589. 23:14that. That's just the markets. You're
  590. 23:16not going to get it right 100% of the
  591. 23:18time. But if you think about it in a
  592. 23:20market structure perspective, look at
  593. 23:21this,
  594. 23:23right? Look at this.
  595. 23:28We had a new low. Price pushed up. Price
  596. 23:31Price pushed up. made a um lower high,
  597. 23:33pushed down, and then broke it. So now
  598. 23:36we can think in a mindset of like, okay,
  599. 23:39now there is on the 4hour time frame a
  600. 23:43higher higher high, I guess you could
  601. 23:45say. Yeah, a higher high. Price could
  602. 23:47potentially be making a higher low to to
  603. 23:49progress later on. Or you can just sit
  604. 23:53on your hands, wait for price to do its
  605. 23:55thing, and then later on show you, okay,
  606. 23:58this is the direction I'm going. But
  607. 24:00that's what the 4 hour looks like. When
  608. 24:01we jump on the 1 hour, we can see that
  609. 24:03price is getting lower,
  610. 24:06the lower highs are getting lower,
  611. 24:09and we can see that price is progressing
  612. 24:11down under those levels that we've
  613. 24:13already established at as price being
  614. 24:16where the sellers are going to be in
  615. 24:18full control of the markets under. So
  616. 24:20notice how under this level, price has
  617. 24:22full potential to sell. Price under this
  618. 24:24level has full potential to sell. Price
  619. 24:26comes into this level, full potential to
  620. 24:28sell. And then here we're back under
  621. 24:30this level. So it has full potential to
  622. 24:32sell. Same way with this level. There's
  623. 24:34buyers that were sitting here, they
  624. 24:37pushed the markets back up and then the
  625. 24:40moment price broke through, it made a
  626. 24:41new low. The moment price broke through,
  627. 24:43it made a low. The moment price breaks
  628. 24:46through this level, where do you think
  629. 24:48it's going to go?
  630. 24:50Where do you If price breaks this level,
  631. 24:52where do you think this low is going to
  632. 24:55go?
  633. 24:56And with that being said, I'm just going
  634. 24:58to keep it as that. I really hope you
  635. 25:00guys understand it and, you know, just
  636. 25:03be able to take trades based off what my
  637. 25:05knowledge that I'm teaching. It's very,
  638. 25:07very simple. You just really have to
  639. 25:10watch the videos over and over and over.
  640. 25:12And I'm telling you, bro, I've actually
  641. 25:15been doing this for four years.
  642. 25:18I haven't, bro, like, bro, I've been
  643. 25:21doing this for four years. I haven't
  644. 25:22clocked in in four years. And I don't
  645. 25:23sell a course. So make that make sense
  646. 25:26to you.

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