Training The Eyes Ep. 5 | Inter Equity Trading — Transcript

Full transcript

1. 0:00What's going on guys? Welcome back to
2. 0:01another inter-equity trading video.
3. 0:03Today we're going to be continuing the
4. 0:05fan favorite series training the eye.
5. 0:07This is going to be episode number five,
6. 0:09debatably my favorite episode yet. A lot
7. 0:12of you guys in the comments have been
8. 0:14talking about making these episodes
9. 0:16longer. So yes, I made this one a little
10. 0:18bit longer to make you guys happy. All
11. 0:20right, please focus, take notes, and
12. 0:23don't skip through these parts of the
13. 0:24videos. There's lots of value in this
14. 0:26episode. If you guys like the video,
15. 0:29smash the thumbs up, drop a comment down
16. 0:31below, get those notifications turned
17. 0:33on, subscribe if you haven't already.
18. 0:35We'll see you soon.
19. 0:37[Music]
20. 0:39All right guys, so here we are on GJ
21. 0:4230-minute time frame. We're only going
22. 0:45to bounce between a couple time frames,
23. 0:46honestly. Remember, the sole purpose of
24. 0:48these videos, this whole series, is to
25. 0:50train your eyes as much as possible,
26. 0:52right? So we always like to start with a
27. 0:53naked chart. Okay, this is very
28. 0:54standard, um and we're going to mark
29. 0:56everything up accordingly, all right?
30. 0:58Making sure you guys are following along
31. 1:00the whole time. Please don't be afraid
32. 1:02to rewind the video as time progresses
33. 1:04to kind of, again, get those repetitions
34. 1:07in and train the eye to see what we see,
35. 1:09okay? So, what I usually like to do is I
36. 1:12just kind of focus on like the overall
37. 1:13swing points, right? And I just want to
38. 1:15see where liquidity is, what areas we're
39. 1:19reacting to, what highs and lows have
40. 1:20been swept, okay? And then reacting
41. 1:22accordingly. So right away I can see at
42. 1:24the lows down here,
43. 1:26price has swept out previous lows.
44. 1:29Okay, now why is this important? Why is
45. 1:31this run on liquidity important?
46. 1:34We can see that we've been building
47. 1:36liquidity in this whole area, right? And
48. 1:38you have this whole range here, and
49. 1:39we've been building, building, building,
50. 1:40building, building, and then look at
51. 1:42this. Price induces higher,
52. 1:45and then we get a rapid sell-off to the
53. 1:46downside. Look at that 1 30-minute
54. 1:48candle. Big sell-off to the downside,
55. 1:50sweeping that liquidity there. Okay, so
56. 1:52any buyers buying above this low
57. 1:54liquidated.
58. 1:56Okay, taken out of the market. All
59. 1:58right, then price ends up going bullish
60. 1:59and then this is kind of price action I
61. 2:00don't really involve myself in cuz we
62. 2:02just had a we price takes the high, gets
63. 2:04a pullback, and goes long and if you're
64. 2:06I don't typically trade from these kind
65. 2:07of areas. Now we can follow along with
66. 2:09price action here. Price induces higher,
67. 2:12right? And what does that mean? We
68. 2:13induce buyers into the market. So we're
69. 2:15going to bump down here to the 15-minute
70. 2:17time frame to open this up as much as
71. 2:19possible. And again, you can see that
72. 2:21price has taken out this high printing a
73. 2:23new high in the market. Bear with me for
74. 2:25a second here. I forgot to mention that
75. 2:27before taking out this high, we swept
76. 2:29this level of liquidity. Why is this
77. 2:30liquidity? Very simple, once again. Look
78. 2:32at this. We get this build-up of
79. 2:34liquidity here, and then that rapid
80. 2:36sell-off to the downside, sweeping that
81. 2:38liquidity, okay? Then we go and print
82. 2:40that new high, taking out previous
83. 2:41highs, okay? What happens after that?
84. 2:44And again, I'm going to bump down a time
85. 2:45frame because we want to analyze this PA
86. 2:48right here, okay? And everybody always
87. 2:49likes to say to me, "What time frame do
88. 2:51you use to analyze price action? What
89. 2:54time frame do you use to identify
90. 2:56liquidity?" I use every single time
91. 2:58frame, and this is a great example for
92. 2:59you guys. PA is very squeezed up here on
93. 3:02the 15-minute, so all we have to do,
94. 3:04go down to the five. And now we can
95. 3:06break this down. So what do we see?
96. 3:08Very simple, in my opinion. Look at
97. 3:10this. Build-up of liquidity here, rangy,
98. 3:13rangy, rangy, then we go long, okay?
99. 3:15Telling me we've left liquidity below
100. 3:16these lows. And look what price does for
101. 3:18us.
102. 3:18We come back and we sweep it. So, per
103. 3:22the system, we now understand that this
104. 3:24can be entry number one. Let me draw
105. 3:27this out for you guys real quick.
106. 3:29Okay, and we're going to talk about
107. 3:30targets in the future. So for now, we'll
108. 3:31bump it up here.
109. 3:32All right, bear with me. We're going to
110. 3:34we're we'll talk about targets
111. 3:35eventually. Again, this is all about
112. 3:36training the eye to see these things.
113. 3:37You need to identify a build-up in the
114. 3:39market, okay? Which is what we've done.
115. 3:41Price ends up coming down and sweeping
116. 3:43it.
117. 3:44Perfect. We want to see that occur cuz
118. 3:46now anybody buying below here,
119. 3:49they've been trapped. And we're able to
120. 3:50take the buy as soon as the liquidity's
121. 3:53taken, right? Right at 199.603
122. 3:56because we have a liquidity block
123. 3:58supporting our entry, okay? And again,
124. 4:01these are the things you want to train
125. 4:02your eye to do. You want to be able to
126. 4:04identify these liquidity blocks. What it
127. 4:06Why is this a liquidity block? Very
128. 4:08simple. Price ran a level of liquidity,
129. 4:11created this low, and moved away to the
130. 4:13upside, leaving a liquidity block, which
131. 4:15is basically what we take our entries
132. 4:17off. Now let's continue following along
133. 4:18and training that eye as much as
134. 4:19possible. We have left liquidity at the
135. 4:21high, which what price ends up running
136. 4:23for. Then the same thing occurs. So
137. 4:25we're going to drag this over. We'll
138. 4:26move this buy till over to clean up the
139. 4:28charts as much as possible, but same
140. 4:29thing. We take the high, and then take
141. 4:32the lows.
142. 4:35Okay, and then price moves bullish once
143. 4:37again, to the upside. Now I hope you're
144. 4:38starting to see the consistent cycle of
145. 4:41price building liquidity, taking it out,
146. 4:44and then moving in the correct
147. 4:45direction. And look what happened here.
148. 4:46Price built,
149. 4:48induced,
150. 4:49trapped,
151. 4:51and then moved in the intended
152. 4:52direction. Same thing over and over and
153. 4:55over. So let's continue on with price
154. 4:56action, and we're going to go back to
155. 4:58the 15 just because we don't want to be
156. 4:59too zoomed in here. We want to get get a
157. 5:01good idea of where price is heading to
158. 5:03overall and why. So here's that first
159. 5:05entry we were talking about. After price
160. 5:06takes out this high, you no longer want
161. 5:09to be looking for buys right away cuz
162. 5:10you're going to be trading above old
163. 5:12highs. So look at this price action.
164. 5:13Even this buy down here, not typically
165. 5:15an entry I'd be involving myself in.
166. 5:17Yes, it played out on the lower time
167. 5:18frames. However, since we're not trading
168. 5:20above this high, I do want to see more
169. 5:22PA develop. And look what happens here.
170. 5:25We build a lot more price action. Look
171. 5:27at this high and look at this high. One
172. 5:30and two.
173. 5:31Why did we sell off here? And why did
174. 5:34this high sell off all the way back down
175. 5:36to the lows? Look to the left, and I can
176. 5:40see that we have been bumping our heads
177. 5:42into this high on the left-hand side. So
178. 5:44we'll drag that all the way over,
179. 5:46and you can see, look at this. Once and
180. 5:49twice, tapping into this area, okay? And
181. 5:52then look, we induce sellers, trap them,
182. 5:55and that's why price moves down to the
183. 5:57downside, all right? However, we have
184. 5:59now left liquidity above this high. So
185. 6:01look what we can do.
186. 6:04Boom. Just like that. That's going to be
187. 6:05a future target for us.
188. 6:07All right? Now,
189. 6:09again, we want to be training our eye
190. 6:11over and over. What do we see?
191. 6:13We've taken the high, okay? Why is this
192. 6:15important? It induces buyers into the
193. 6:17market. Now, we have levels of liquidity
194. 6:20down here, another low down here, and
195. 6:23let's go to the five-minute again cuz we
196. 6:25just want to open up this price action
197. 6:26as much as possible. We're going to be
198. 6:27looking at this PA up here. Price takes
199. 6:30out this low,
200. 6:31all right? Then we get that pullback up
201. 6:33into this internal high up here. Look
202. 6:35what we do. We respect this high once,
203. 6:38twice, three times, and then fuels the
204. 6:41sell-off to the downside, telling us we
205. 6:43have liquidity above that high. Price is
206. 6:45essentially leaving us a bunch of hints
207. 6:47that we're going to be moving bullish
208. 6:49eventually, right? We're not just going
209. 6:50to buy to buy. No, that needs to make
210. 6:52sense, of course. But look how it's
211. 6:54leaving hints, right? And remember the
212. 6:56higher time frame, this blue line up
213. 6:57here. And now on the lower time frames,
214. 6:58these internal highs, it's leaving
215. 7:00continuous hints that we could head to
216. 7:03the upside, okay? From this point, when
217. 7:05we sell off, we take out internal point
218. 7:07here, internal point here,
219. 7:09okay? Don't forget the entry that we
220. 7:11took before, now becomes an LB. Build-up
221. 7:15of liquidity.
222. 7:17We stab it out,
223. 7:19create this low,
224. 7:20and now it could be used as an LB for
225. 7:22the future, all right? So if you never
226. 7:24took any partials here on this initial
227. 7:26buy entry down here, you might have
228. 7:27gotten taken out BE, which is completely
229. 7:29fine. Understand now though that this
230. 7:31low shouldn't be taken.
231. 7:34Okay, it should be respected. Again,
232. 7:35why? It ran liquidity. It moved away to
233. 7:38the upside. That's it. And then think
234. 7:41about it from a buyer's perspective,
235. 7:42okay? We want to we want to mark on all
236. 7:44these things again just to train those
237. 7:45eyes as much as possible. Since price
238. 7:47has taken out this high here, retail is
239. 7:50going to view this as BOS to upside.
240. 7:52There's going to be buying pressure at
241. 7:53the low. Look how the market respected
242. 7:54it, inducing buyers here. Still going
243. 7:57long, building liquidity at the low.
244. 7:59Okay, you want to see this occur. You
245. 8:01want to see that trap happen. Then we
246. 8:02get again, we get that sell-off to the
247. 8:04downside, perfect. How can we take an
248. 8:06entry?
249. 8:07We need to see a build-up. We need to
250. 8:09see a run of that build-up. We need to
251. 8:11see a liquidity block form for us,
252. 8:12basically, and then the whole cycle
253. 8:14starts again, over and over and over.
254. 8:16What do we get here?
255. 8:18And I'm just going to I'll mark this out
256. 8:19just for the sake of this. View this as
257. 8:21liquidity.
258. 8:23Low, respected low, and look again, and
259. 8:26then moves to the upside, taking out
260. 8:28highs, leaving liquidity at the lows. I
261. 8:30know with this whole picture here, it
262. 8:32might not look like it, but we'll zoom
263. 8:33in.
264. 8:34Price took this low out here.
265. 8:36Okay? But when we're zoomed out, you
266. 8:38don't see it really. You just got to
267. 8:39zoom in to really identify it, okay?
268. 8:41Giving us a liquidity block. Same thing.
269. 8:44It it is not hard to identify these LBs,
270. 8:47these liquidity blocks we call them.
271. 8:49Why? It's just we need to see a yeah, a
272. 8:51pool of liquidity built, and then we
273. 8:53stab it and move away,
274. 8:55leaving an LB for us, okay? It's very
275. 8:57simple, okay? Now the same thing needs
276. 9:00to occur. Look at this. Very clean. High
277. 9:03taken out, printing a new high. So, this
278. 9:07is going to be viewed as a trap. Look
279. 9:09how price respects it.
280. 9:12Once, twice, and moves to the upside,
281. 9:15leaving liquidity at the low, okay? Now
282. 9:17this is actually an entry I took, um but
283. 9:20I'll show you guys.
284. 9:22Build Look Look at this. This is for
285. 9:24hours, guys. Hours and hours and hours.
286. 9:26You got to understand that the common
287. 9:28retail trader, they're going to be
288. 9:30buying these lows down here. And I I
289. 9:32just drew this out, but you can see that
290. 9:33we traded above this low for 5 and 1/2
291. 9:37hours. So just only imagine how much
292. 9:39liquidity was being built below this
293. 9:41low. Finally, price stabs it out. Look
294. 9:44at this. Buy entry.
295. 9:47Okay, again, why is it a buy entry? We
296. 9:50have trapped buyers. We have a target.
297. 9:52Why do we have a target? Look at this.
298. 9:55Look at the liquidity we're building at
299. 9:56the highs. A ton on the lower time
300. 9:57frames, but don't forget the higher time
301. 9:59frame where this all started from. Here.
302. 10:03Okay?
303. 10:05Entry taken on the sweep of the lows.
304. 10:08Now you can see we have imbalance down
305. 10:09here, LB to support our entry. So stop
306. 10:12loss is going to go below the low.
307. 10:14Very simple.
308. 10:15Okay? And what can we target? You have a
309. 10:17target here. Depending on I see the
310. 10:19thing is and this is a whole different
311. 10:21conversation. We'll tap into this in
312. 10:23future videos for sure.
313. 10:25But you have multiple targets and again
314. 10:26look at the hints price is leaving for
315. 10:28you guys. And this is again why I want
316. 10:29to train those eyes as much as possible.
317. 10:32Highs left. Highs left and then also
318. 10:36highs left. Okay? Leaving more and more
319. 10:39hints for you guys that we need to move
320. 10:41to the upside, right? So multiple
321. 10:43targets. You have one being here. You
322. 10:45have one being up here. We'll drag it
323. 10:46over.
324. 10:47Okay? Look what happens after we take
325. 10:48out these highs, too. You get that
326. 10:49pullback. Coincidence? There was
327. 10:51liquidity above this high. That's why
328. 10:52the the market gives you a a reaction
329. 10:54back down on the downside. And of course
330. 10:56then finally the last target would be up
331. 10:59here for 72 pips. A 1 to 7.8. Of course,
332. 11:02you don't have to hold full volume to 1
333. 11:04to 7.8. You could partial here. You
334. 11:07could partial here and then of course
335. 11:08you have that last target. But I want
336. 11:10you guys to see the repetitiveness of
337. 11:12how we trade and how we even choose our
338. 11:14targets. Every single target has a
339. 11:17reason. There's liquidity lying at these
340. 11:19highs. Okay? We're not just random
341. 11:20highs. There's liquidity lying at these
342. 11:22highs. One being here, another being
343. 11:25here, and then finally last target being
344. 11:27here. All right, guys. I hope you
345. 11:29enjoyed today's video of training the
346. 11:31eyes episode five. I'm going to
347. 11:32continuously bring these videos out. You
348. 11:34guys seem to love them. You're getting a
349. 11:35lot of value from them. Again, please
350. 11:37drop a like, comment down below what
351. 11:38else you guys want to see from us. Also,
352. 11:40I haven't mentioned this before, but we
353. 11:42trade live every single day within our
354. 11:44community. All our links will be in the
355. 11:45description down below and I'll see you
356. 11:47guys soon.