Training The Eyes Ep. 1 | Inter Equity Trading — Transcript

Full transcript

1. 0:03What's going on, guys? Welcome back to
2. 0:04another Interquity Trading video.
3. 0:06Today's going to be a good one. It is a
4. 0:07brand new series for you guys. I'm
5. 0:10getting a lot of questions, a lot of
6. 0:12messages on social media asking me about
7. 0:14direction bias. It seems to be people's
8. 0:17biggest problem slash difficulty when
9. 0:19trading. So, I have now built a new
10. 0:22series that we're going to be strictly
11. 0:23looking at direction and training the
12. 0:25eye to see it on a consistent basis. So
13. 0:28without further ado, let's hop right
14. 0:29into the charts. All right, so here we
15. 0:31are on the gold futures chart on the
16. 0:3315minute time frame. Okay, so again, the
17. 0:37main focus of these videos going forward
18. 0:39are going to help you build a bias,
19. 0:41build that direction consistently over a
20. 0:44sometimes over a daily basis, but over
21. 0:46the long term, okay, I want to train
22. 0:48your eyes to see liquidity and see these
23. 0:51concepts, see setups in real time. Okay,
24. 0:55so we're going to start here from the
25. 0:56lefth hand side and work our way over to
26. 0:58live price. Again, just building that
27. 0:59narrative. So, what can I see? Big
28. 1:02bullish move to the upside, taking out
29. 1:04all of these highs. This induces buyers
30. 1:06into the market. Okay, so anybody
31. 1:08looking to take longs, they will look
32. 1:10for longs in these areas. And that's
33. 1:13what I want to see, right? I want to see
34. 1:15these reactions here because this now
35. 1:17tells me as soon as we move away, we
36. 1:19have liquidity below these lows here.
37. 1:21Okay, so we'll mark that on with that
38. 1:23horizontal ray. We have liquidity below
39. 1:261665 now. Okay. And it can be used as a
40. 1:28future target. Perfect. From there we go
41. 1:31long to the upside taking out some more
42. 1:33internal highs. Okay. And if you
43. 1:35continue following along with this
44. 1:36current PA we print high low and then
45. 1:39take out previous high here. Again that
46. 1:41induces buyers into the market. Okay.
47. 1:44And then you can see here on a very
48. 1:45small perspective this is throughout
49. 1:47Asia session. We build liquidity.
50. 1:50Finally we take all that out. We respect
51. 1:52this high from the left hand side, which
52. 1:54is fine.
53. 1:56We're going to make this uh a blue box
54. 1:58because these could be areas to trade
55. 2:00from. However, this one isn't the best
56. 2:01example yet. So, we tap into this area
57. 2:04of interest on the lefth hand side and
58. 2:05then we move short. Okay, high, low,
59. 2:08high, low, high, and then another sell
60. 2:11off to the downside. Now, look, if I
61. 2:13drag this red box over,
62. 2:15you can see how price is still using it
63. 2:18as you can call it as like support,
64. 2:20right? once, twice, three times, and
65. 2:22four times. And then finally again
66. 2:25moving away to the upside. So this now
67. 2:27tells me we have even more liquidity to
68. 2:29the lows. So that's perfect. We want to
69. 2:30see this same situation. Look at this
70. 2:33internal liquidity built for us. Okay,
71. 2:35anybody looking to go short in this
72. 2:38channel had liquidity above this high.
73. 2:41Okay, so we're hunting for that. Okay,
74. 2:43continue using current price action to
75. 2:46now build that entry. Okay. So, since we
76. 2:49have this big bullish move up, again,
77. 2:51same thing over and over and over. This
78. 2:53is now going to be viewed as a trap.
79. 2:56Okay. I'm going to drag this red box
80. 2:57over to clean this chart up as much as
81. 2:59possible. But again, any buyers looking
82. 3:01to get involved in this market will use
83. 3:03these areas to enter. Okay? And we need
84. 3:06to understand that, okay? Because that's
85. 3:08going to be future liquidity for us. So,
86. 3:10let's continue following along with
87. 3:12price action. Here we get another push
88. 3:14to the upside taking out highs again.
89. 3:16What does this do? This induces buyers,
90. 3:18right? So, they're going to be looking
91. 3:19for longs in these areas as well. Okay?
92. 3:22So, slowly inducing more and more buyers
93. 3:25for us to now target all that liquidity.
94. 3:27Okay? Now, look to the left hand side.
95. 3:29And this is important. Remember this. We
96. 3:32had this buildup and then we ran that
97. 3:34buildup. Okay? Created this high with no
98. 3:38liquidity above it. And then look what
99. 3:40we did right below. We built this
100. 3:43internal liquidity that we can view as
101. 3:46sellers being in the market here. Okay.
102. 3:49So if I drag this area,
103. 3:52this whole POI area, look how we tapped
104. 3:54into it.
105. 3:56Okay. And moved away, what does that now
106. 3:59tell us? Liquidity above that high.
107. 4:03Okay, very very simple stuff. Again,
108. 4:05from a retail perspective, when you see
109. 4:07traders
110. 4:09look for that break structure there,
111. 4:11they want to be using these areas as a
112. 4:14sell.
113. 4:17So, they would enter sell position
114. 4:20positions here. The price moves away in
115. 4:22their direction. So, now we have
116. 4:23liquidity above that red area. Same
117. 4:26situation here. High respects this high
118. 4:29from the left, leaving liquidity above
119. 4:31these highs. So if I simply put a line
120. 4:33over there, drag it all the way over to
121. 4:35the right. Look what's now happened. We
122. 4:37have stabbed above it and it's already
123. 4:39giving us that reaction. Okay, again
124. 4:42this we're not really focusing on
125. 4:43entries too much here. This is all about
126. 4:45direction, understanding direction,
127. 4:47understanding where current liquidity is
128. 4:48lying. So we stabbed out this internal
129. 4:50liquidity to the left hand side. This
130. 4:52high here should not get ran. The reason
131. 4:54being we stabbed liquidity out, created
132. 4:58this high and then moved away. So, there
133. 5:00shouldn't be any liquidity above this
134. 5:02high yet, unless we come in and tap it,
135. 5:04of course, which we're now starting to
136. 5:05do now. Okay. So, as for entries, you
137. 5:08could take a sell as soon as this
138. 5:10liquidity is taken. The problem a lot of
139. 5:12people have is sometimes they'll still
140. 5:14want more of an extreme entry and
141. 5:15they'll wait for price to come all the
142. 5:16way to the extreme. It's not necessary.
143. 5:19You will find a lot more consistency if
144. 5:21you just take entries right when the
145. 5:22liquidity is taken. So, you can see
146. 5:24here, you get tagged in right when these
147. 5:27highs are stabbed. And look where my
148. 5:28stop loss goes. Always above that high
149. 5:31to the left. Okay, where can we target
150. 5:33and why? I think an easy target for us
151. 5:36and we can all agree is going to be down
152. 5:38at these lows. However, as soon as we
153. 5:40start running these internal points, we
154. 5:42could definitely look to partial or roll
155. 5:44our stop loss. So, let's see what price
156. 5:46does here.
157. 5:49So, we get a nice reaction to the
158. 5:50downside.
159. 5:53Still kind of holding these areas. Why
160. 5:54are we struggling here? Remember BOS for
161. 5:59retail, they want to be look to they
162. 6:00want to look to long these regions over
163. 6:02here. So that's why we struggle there
164. 6:04for a little bit. Okay. Finally, we
165. 6:06start moving to the downside. Again, now
166. 6:08that we've taken out this internal high,
167. 6:10you want to be either paying yourself
168. 6:12and or rolling your stop loss. So in
169. 6:14this example, we're going to roll our
170. 6:15stop loss above that high. Okay?
171. 6:21And big surprise, look at this. We come
172. 6:23into this area over here, this trap
173. 6:24area, and look how we struggle. And so
174. 6:26far, we've been trading in this area for
175. 6:28over two hours, inducing buyers.
176. 6:33And boom. Would you look at that? So,
177. 6:35this is a nice a great example for you
178. 6:37guys. Low taken,
179. 6:40high taken, trapping sellers, and then
180. 6:43that continuation comes down perfectly.
181. 6:45And coincidence, we come right for that
182. 6:47liquidity. Okay, again, look at this.
183. 6:51buyers, buyers, buyers, buyers. All
184. 6:55building liquidity at the lows for us to
185. 6:57target. I hope you guys enjoyed the
186. 6:59video. We're going to have a lot more
187. 7:01coming similar to this kind of style.
188. 7:02Again, training that eye to see these
189. 7:04concepts, see the system and strategy in
190. 7:07live time. All of our socials are going
191. 7:08to be down below in the description. See
192. 7:10you soon.