Training The Eyes Ep. 2 | Inter Equity Trading — Transcript

Full transcript

1. 0:00What's going on guys? Welcome back to
2. 0:01another inter equity trading video. So,
3. 0:03we got a lot of feedback, a lot of good
4. 0:05feedback on the previous episode of
5. 0:08training the eyes. So, it was inevitable
6. 0:10we have to make an episode 2 and
7. 0:12continuing on going forward. You guys
8. 0:13have gained a lot of value on it from
9. 0:15what I've heard. So, without further
10. 0:16ado, let's hop right into the charts.
11. 0:20All right, so here we are on the gold
12. 0:23chart for today. We are on the 15-minut
13. 0:25time frame. And to be honest with you,
14. 0:26we're only going to stay on this time
15. 0:27frame right now cuz this shows
16. 0:29everything clearly. Okay, so the first
17. 0:32thing we want to do is find liquidity,
18. 0:35mark out specific areas on our chart and
19. 0:37follow along so we can build that story,
20. 0:40build that narrative. So what can I see?
21. 0:41We can see price went bullish. Okay,
22. 0:44this is on a Tuesday through Tuesday
23. 0:45night into Wednesday taking out a high
24. 0:47from the left hand side. Okay, and you
25. 0:50can see following that it's on the
26. 0:5115-minut time frame, so it takes a
27. 0:52little bit of time. Okay, but we trade a
28. 0:55higher a little bit um after taking out
29. 0:56this high here and then we get that
30. 0:59sell-off to the downside. Okay, taking
31. 1:01out these lows. Perfect. From there, we
32. 1:05go short and then we print another high,
33. 1:07taking out some internal highs over here
34. 1:09and then big selloff. Look at the volume
35. 1:11in this sell-off. Okay, keep an eye on
36. 1:14that because we're going to come back to
37. 1:15that in a moment here. But remember what
38. 1:16we did over here. So, we took out this
39. 1:19high. Now, why is that important? Why is
40. 1:21that relevant for us? I'm going to mark
41. 1:24this on as a BOS. Okay? Because again,
42. 1:27buyers are going to view this as a
43. 1:30market structure shift, a BOS. So now,
44. 1:32when we come back into these regions
45. 1:34here, anywhere in these imbalances,
46. 1:35they're going to be looking for longs.
47. 1:37So maybe you had buyers looking for
48. 1:38longs in here, okay? Price went in their
49. 1:40favor, then trapped them. Okay? And then
50. 1:43here, same thing. We get reactions and
51. 1:46then price went in their favor, right?
52. 1:48So let's mark this out here. I grab this
53. 1:51imbalance, this whole candle, this whole
54. 1:52area over here. Basically, if you went
55. 1:53into a higher time frame, it's probably
56. 1:55like an order block or a POI retail
57. 1:57would see. Um, but then look at that
58. 1:59reaction we get. Okay, so a lot of
59. 2:01volume to the downside to induce
60. 2:02sellers. Okay, and then buyers are
61. 2:05entering positions here. We want to see
62. 2:07this occur. Okay, we want to see this
63. 2:10move to the upside, taking out this high
64. 2:13here, which again, retailers going to
65. 2:15view this as a boss in the market for
66. 2:17them. Okay. Now, since they view this as
67. 2:19a BOS, same thing applies. They're going
68. 2:22to want to buy. Retail is going to buy.
69. 2:24I always say they're going to buy, but
70. 2:25I'm just viewing it as like a retail
71. 2:27perspective. They're going to be buying
72. 2:29in these regions down here. Okay? The
73. 2:30extreme or any of these imbalances over
74. 2:32here. You can see we get some short-term
75. 2:34reactions. Okay? And then at the low,
76. 2:36look what happens here. Same thing, but
77. 2:38just on a smaller perspective. Price
78. 2:40trades below the low, then price trades
79. 2:43below the high. Okay? Again, retail is
80. 2:46going to view that as a break in the
81. 2:49market structure, a market structure
82. 2:50shift. So again, more buyers are going
83. 2:54to be entering down here at this red
84. 2:55box. Overall, if you just follow my
85. 2:58crosshair, okay, into this low over
86. 3:01here, remember,
87. 3:03reactions, reactions. So, we're building
88. 3:05liquidity over here, right? But then
89. 3:07look to the left. Where did this
90. 3:10reaction come from? This low
91. 3:12continuously followed to the left hand
92. 3:14side. We have been reacting in this POI
93. 3:17the whole time. Okay, don't forget this
94. 3:19is where this whole move started from.
95. 3:21Okay, this whole trap you could say from
96. 3:24low to high again taking out that high
97. 3:27which induces buyers, right? But again,
98. 3:30you always want to kind of track where
99. 3:31all that liquidity is lying. So boom,
100. 3:34below that low. So let's mark out this
101. 3:36low over here.
102. 3:38Okay, in coincidence, look what we have
103. 3:41right below an area of interest. Why is
104. 3:45this an area of interest? Since you can
105. 3:47see I just marked on this low over here.
106. 3:49Okay, we swept that previous low out and
107. 3:51we went long. Okay, which tells me we
108. 3:53don't have any liquidity below this low.
109. 3:55Okay, so I can mark this on just like
110. 3:57this. And I'm basically going to predict
111. 3:59I'm going to expect that price is going
112. 4:01to go bullish within this area after
113. 4:04taking out the liquidity. Okay, that's
114. 4:06very important here. Okay? Because since
115. 4:09buyers enter positions in here and all
116. 4:12all literally all the way in here
117. 4:13because this is all a buildup basically
118. 4:16their liquidity is going to be below
119. 4:17this low and again that's where when we
120. 4:19want to look for buys. Okay. So how do
121. 4:22we enter? Now
122. 4:25buy limit can be set just like this.
123. 4:26Stop loss is going to go if you follow
124. 4:28my crosshair to the lefth hand side over
125. 4:30here. Stop loss is going to go right
126. 4:33below that low. And that is that's
127. 4:35always gonna stay like that. So again,
128. 4:37this low here determines how big our
129. 4:39stop is going to be. Sometimes the
130. 4:41stop's going to be all the way down
131. 4:42here. It's going to be a little bit
132. 4:42bigger. Sometimes, in some cases, it's
133. 4:44going to be smaller. So basically, what
134. 4:46I'm trying to say here is the market
135. 4:47dictates how big my stop is going to be.
136. 4:50Okay? So it's very systematic.
137. 4:52Now, what can we target? I mean, we have
138. 4:55plenty of targets to the upside. If you
139. 4:57can see here, look at this whole buildup
140. 4:58we had on the way down. Okay? This is
141. 5:00all a buildup of liquidity, right? You
142. 5:02can mark it on as trend line. Uh, you
143. 5:04can mark it again like a channel like I
144. 5:06had before. However you want to mark it,
145. 5:08that's fine. If you want to zoom out a
146. 5:09little bit further, we even have more
147. 5:12internal highs over here, right? Why
148. 5:14would I mark this on as liquidity? Check
149. 5:16this out. Low taken.
150. 5:20Highs are respected here and we move
151. 5:24away, right? So, we're going to view
152. 5:26this high as liquidity as well. So, a
153. 5:28great target could be up here.
154. 5:32drag all the all that all the way up.
155. 5:35And yes, it's quite a big target. So,
156. 5:36this could take the day to play out. It
157. 5:39could take two days to play out.
158. 5:40However, you got to follow step by step
159. 5:43and understand if we did take a long
160. 5:44here. Look at all the internal liquidity
161. 5:46we've left. Look at all these highs
162. 5:48here. Equals trend line. Another high up
163. 5:51here. We could possibly get short-term
164. 5:54reactions up here, which is fine. Okay.
165. 5:57But overall, look to the left hand side.
166. 6:01We have this. Okay. And this high
167. 6:05respected the highs to the left. So,
168. 6:07same thing applies. We now have
169. 6:09liquidity above those highs. Perfect.
170. 6:11So, if I play out a candle, I think the
171. 6:14next candle tags us in perfectly. All
172. 6:16right. Look how now buyers have been
173. 6:19trapped. So, anybody that was looking to
174. 6:20go long above these lows trapped. Okay.
175. 6:24Liquidated, taken out of the market. And
176. 6:26I believe this was a news-driven move.
177. 6:29So, bear with me here. I think it's
178. 6:30quite fast
179. 6:33and we start getting some momentum to
180. 6:35the upside. Another candle and then I
181. 6:37think it gets quite volatile soon
182. 6:41and boom target hit just like that from
183. 6:43115-minute candle. I I believe this is
184. 6:45when Powell was speaking. Okay. And
185. 6:47that's why the volume was kicked in so
186. 6:49much. This ended up being over a 300 pip
187. 6:51move on gold. Okay. Um but yeah, just a
188. 6:55quick summary of what's been going on
189. 6:56here. Remember, we need to see this
190. 6:58occur, okay? because this induces early
191. 7:00buyers into the market. They're going to
192. 7:02be looking for longs inside of this POI
193. 7:04here. We allow all this to occur. We
194. 7:07want to see them get induced. And then
195. 7:09as soon as they get trapped, this is
196. 7:11when we take advantage of that move.
197. 7:13Thank you guys so much for watching. I
198. 7:14hope you guys enjoyed. Remember, the
199. 7:16sole purpose of this series is to help
200. 7:18you guys identify all of these concepts
201. 7:21in live time to train those eyes. Please
202. 7:23like, please comment, share the video,
203. 7:26subscribe if you haven't already. We
204. 7:27have a lot more stuff coming. Talk to
205. 7:29you guys soon.