Training The Eyes Ep. 8 | Inter Equity Trading — Transcript

Full transcript

1. 0:00What's going on, guys? Welcome back to
2. 0:01another Interquity Trading video. Today,
3. 0:04we're bringing you a new episode of
4. 0:05Training the Eyes. Yes, the series we
5. 0:07all know and love. This is going to be
6. 0:09episode number eight. I don't know. I
7. 0:11feel like the more I record these
8. 0:12things, the better they get. Get your
9. 0:14notepads out. Take your time. Re-watch
10. 0:15the video if you need to, but please
11. 0:17take notes. Lots and lots of gems in
12. 0:20this video. I hope you guys all enjoy.
13. 0:21If you do, please leave a like. Leave a
14. 0:23comment down below. Subscribe if you
15. 0:25guys have not yet already. We just hit
16. 0:2715K. Road to 20K is around the corner.
17. 0:30Thank you all so much. See you soon.
18. 0:32Take it easy.
19. 0:42All right, guys. We're here back on the
20. 0:44gold chart today. Going to be staying on
21. 0:46the 15minute and probably in and around
22. 0:48the 5minut chart for the most part.
23. 0:51Again, remember the the sole purpose of
24. 0:52this series of these videos is to train
25. 0:55those eyes. So, we're literally just
26. 0:57going to study what's in front of us
27. 0:58right now cuz that's all that's
28. 0:59important. I just picked a good set of
29. 1:01price action to go over. We're going to
30. 1:02cover everything from left all the way
31. 1:04to right. So, what can we see? We have a
32. 1:06a high in the market printed here and we
33. 1:08get a selloff to the downside. We end up
34. 1:10running all the way back up bullish and
35. 1:12taking out this high that we printed
36. 1:14before. Why is that important?
37. 1:15Naturally, this means that buyers are
38. 1:18induced in the market. It does not mean
39. 1:20that we're just going to sell all the
40. 1:21way back down. We need to pair that with
41. 1:23liquidity always. But it's good to have
42. 1:25an idea that when we take out this high
43. 1:28here, buyers are induced. So following
44. 1:30that, we print this high and we sell
45. 1:32back off. We're naturally just going to
46. 1:34mark on highs and lows and follow the
47. 1:36liquidity. So low respected low. All
48. 1:40right. And we move away to the upside
49. 1:43taking out an internal point. Why is
50. 1:45this important? Inducing buyers. We get
51. 1:46a pullback. Lows respected. So, we're
52. 1:49building even more liquidity here. All
53. 1:52right. We can actually even mark this
54. 1:54out for you just again so we can train
55. 1:57those eyes as much as possible.
56. 2:00Just like that. Perfect. Off the back of
57. 2:01that, we go long taking out previous
58. 2:04highs once again. And we end up printing
59. 2:06a liquidity block. Okay. Why is it a
60. 2:08liquidity block? We've simply just
61. 2:09grabbed a level of liquidity and went
62. 2:12bearish after that. Following this high,
63. 2:15you know what? We will go into the
64. 2:165minute for this bit of price action
65. 2:18here. We print this high. We sell off
66. 2:20and we print low, high, low, high. What
67. 2:25is that? That is a simple market
68. 2:27structure pattern. We take out a low,
69. 2:30sellers are entering positions. So look,
70. 2:32sellers entering positions and then we
71. 2:34move bearish very quickly. Okay, what
72. 2:37does that tell me? We have built
73. 2:38liquidity above this high. So we'll
74. 2:41leave that there. That is simple
75. 2:43structure liquidity for retail. Again,
76. 2:45sellers would be entering here and here
77. 2:47and then it moves in their favor.
78. 2:49Perfect. So, now we understand that
79. 2:51liquidity has been left here. Heading
80. 2:52back to the 15-minute time frame
81. 2:54following that internal liquidity built.
82. 2:56Look at this big sell-off to the
83. 2:57downside. Remember these lows that we
84. 3:00set up before.
85. 3:03We ran exactly for them almost like a
86. 3:05magnet. Now, if we continue looking to
87. 3:06the left hand side, look what the
88. 3:08market's tapping into. So, this big
89. 3:10sell-off printing this low. Look at the
90. 3:12left. All I see is another level of
91. 3:15liquidity. Why? Price takes out this
92. 3:17high. We get a pullback
93. 3:20this low respecting lows to the left
94. 3:22hand side. And again, you can always
95. 3:23draw this like a trend line, however you
96. 3:25want to draw it. The importance of this
97. 3:27is understand that we have built
98. 3:29liquidity here. Simply mark this on. You
99. 3:31can even grab these loads. You can grab
100. 3:32the over overall low if you want. But
101. 3:34just to be a little bit more precise,
102. 3:36we'll just grab these internal ones.
103. 3:37That's completely fine. Um, but look at
104. 3:39this. We respect it once and we respect
105. 3:41it twice. Why is this important? But
106. 3:44imagine if anybody was buying down here
107. 3:46at the lows. Maybe they entered in
108. 3:47entered in here or they entered in on
109. 3:50the second reaction. Then the market
110. 3:52went bullish to the upside indicating
111. 3:54telling us literally the market is
112. 3:56communic communicating to us that we
113. 3:58have built liquidity below these lows.
114. 4:00That's the important part here.
115. 4:02Following that you can see we took out
116. 4:04that low which which again respected the
117. 4:06lows and went bullish. Perfect. But we
118. 4:07took out that low. Why is that
119. 4:08important? induces sellers. Anybody
120. 4:10selling this market will look to sell in
121. 4:12these regions up here. They get trapped.
122. 4:14But now this is a lesson for everybody
123. 4:16here. A lot of the uninformed traders,
124. 4:18you guys would be looking to take a sell
125. 4:20right here. But that's not correct. Why?
126. 4:23Remember that internal liquidity we
127. 4:24marked on to the left hand side over
128. 4:26here. Look at these lows or sorry, look
129. 4:29at these highs, I should say. I'm going
130. 4:30to drag this over. Look at this. Boom.
131. 4:34We end up hunting for that internal
132. 4:36liquidity point. So don't make the
133. 4:38mistake of looking for shorts up here
134. 4:41when we still have liquidity to the left
135. 4:42hand side. You want to be starting to
136. 4:44look for shorts in these regions up
137. 4:45here. Don't just force that short. Don't
138. 4:47be a pattern trader. Just because we
139. 4:50took out this high does not mean we need
140. 4:52to be looking for sells right away. No,
141. 4:54that would be right here. You need to
142. 4:56make sure that that internal liquidity
143. 4:59is taken as well. That would be up here.
144. 5:02And then in the chart chart example up
145. 5:04there. Okay, let's clear these markings.
146. 5:07Then we grab that internal liquidity
147. 5:09point we've been talking about.
148. 5:10Remember, the market purposely
149. 5:11engineered it in the past for us to now
150. 5:14run it in the future. We get a reaction
151. 5:16down, pull back to the extreme. Maybe a
152. 5:18possible sell entry up here. It is out
153. 5:20of my time window though, so I was not
154. 5:22taking this. Then we get a big, look at
155. 5:24this volume move to the downside,
156. 5:27trapping buyers, but not only trapping
157. 5:29buyers. Trapping buyers. So we trap
158. 5:32buyers here. Yes. Okay. Again, why do we
159. 5:35trap buyers? We'll mark it out just to
160. 5:37make sure everybody can see it as
161. 5:38clearly as possible. This is a BOS for
162. 5:41retail and people are going to be buying
163. 5:44at these lows. Once we trade below them,
164. 5:46we understand buyers are trapped and
165. 5:47we're also inducing sellers by that.
166. 5:50Okay, that's very, very important. If
167. 5:51you guys aren't familiar with that,
168. 5:53please go look at the liquidity
169. 5:54inducement series I've been making on
170. 5:56the channel. That'll clear some things
171. 5:57up for you guys. All right, so following
172. 5:59that run on that low, okay, I'm going to
173. 6:00drag this over to the left. We then run
174. 6:03bullish. Remember, we induce sellers,
175. 6:05right? So, where are sellers looking to
176. 6:07take this thing lower?
177. 6:09At the highs. Look how we even get a
178. 6:12reaction.
179. 6:14This is all done on purpose. Okay? So,
180. 6:16we get that reaction at the high. We
181. 6:18allow sellers to get in the market.
182. 6:20Okay? Then it pushes up and traps.
183. 6:23There you go. Now, sellers are trapped.
184. 6:26This is when you want to start looking
185. 6:27for sells back down. This is when you
186. 6:29want to start looking for sells back
187. 6:30down to the downside. We have liquidity
188. 6:32built all the way at the lows. We'll
189. 6:34drag this over. Sellers have now been
190. 6:36trapped.
191. 6:38Okay. On this current picture, this this
192. 6:41current story that we're building right
193. 6:42now. Remember, look from high to low. We
194. 6:45take out this low inducing sellers,
195. 6:48which means liquidity above this high.
196. 6:50We trapped them. And look at the market
197. 6:52give you that relief to the downside.
198. 6:53Now, let's continue on with this price
199. 6:55action. We take out this high. So,
200. 6:57remember this is going to be a trap.
201. 6:59Look what the market does. gives us a
202. 7:00temporary reaction. Check this out. So,
203. 7:02mark on that low. We're building
204. 7:04liquidity at it on a lower time frame
205. 7:06perspective. Okay, now we're going to
206. 7:07hop in the five-minute. Watch this. We
207. 7:08tap into this red box area, otherwise
208. 7:10known as a trap area. Price comes up,
209. 7:13prints this high, respecting a high to
210. 7:15the left. Once, twice, selloff.
211. 7:18What does that do? Induces sellers.
212. 7:21Where are sellers going to be entering?
213. 7:22Up here. Look at us engineering
214. 7:25liquidity here.
215. 7:27This is a sell-off that takes out a low
216. 7:29to induce sellers. We do not sell from
217. 7:31here. We allow the market to react
218. 7:33though to build liquidity for us. I need
219. 7:36you guys to pay attention here. This is
220. 7:37very important stuff. We allow the
221. 7:39market to react here for liquidity get
222. 7:41built for us. Then we get another sell
223. 7:42off to the downside. Look at this. This
224. 7:44is the most important thing you need to
225. 7:46be looking at right now. Once, twice,
226. 7:49respecting the low to the left, building
227. 7:52liquidity to the downside. Then we get
228. 7:54another move to the upside. false move
229. 7:56that we always talk about. Boom.
230. 7:58Trapping sellers. This calls for a sell
231. 8:00right here. And you have very obvious
232. 8:02amount of liquidity to the downside.
233. 8:04That would be used as a target, a
234. 8:05partial point, however you like to
235. 8:06trade. This was market open and there
236. 8:09was a little bit of a gap. So, it looks
237. 8:10ugly, but to clean this up for you. Low
238. 8:12taken, high taken,
239. 8:15liquidity block. And if I can draw it in
240. 8:16a diagram just to clean it up for you.
241. 8:18Look, low taken,
242. 8:20high taken, liquidity block. All right.
243. 8:23Now, I know, bear with me, there's a
244. 8:25little bit of a gap, and again, that's
245. 8:26because the market open, but I dissected
246. 8:28it as much as possible. We take out
247. 8:30these lows from the left hand side.
248. 8:31That's fine. Look at the market. Hunt
249. 8:32for them swiftly. Okay, don't forget,
250. 8:35look at the left. We've been talking
251. 8:37about these lows for a while now. Okay,
252. 8:40we're going to get to this big move in a
253. 8:42second here, but I want to break down
254. 8:43this whole lower time frame. So, check
255. 8:44this out. This is an Asia session. We
256. 8:46build some equal highs. The market sells
257. 8:48off to the downside, inducing sellers
258. 8:50again. Price pulls back into this area.
259. 8:54Reaction to the downside, sells off
260. 8:55again, inducing sellers once more. Now,
261. 8:58if I drag this red box over, look at
262. 8:59this.
263. 9:01The market simply reacts off liquidity.
264. 9:05It builds even more liquidity. This is
265. 9:07all done on purpose. This is where you
266. 9:08guys might get might get psyched out.
267. 9:10You have to trust yourself. You have to
268. 9:12understand that the market will react
269. 9:14off liquidity sometimes just to build
270. 9:16it. Example being right here. This high
271. 9:20respects all these equals to the left
272. 9:22hand side and again induces lower once
273. 9:24more. This is a massive call for shorts
274. 9:27above this high. And you have a
275. 9:28liquidity block supporting it right
276. 9:30above. Look at this. Drag this over. The
277. 9:33market runs bullish to trap the sellers
278. 9:36but not only trap the sellers to induce
279. 9:38buyers which means trap area to the
280. 9:41bottom. Trap area at the lows I should
281. 9:43say. After running these highs, trapping
282. 9:45the sellers this again this is a call
283. 9:46for a short right here. And if we
284. 9:48dissect this price action, there was
285. 9:50actually multiple entries. And watch
286. 9:51this. This is textbook stuff. I'm not
287. 9:54going to lie to you. So, we get another
288. 9:56sell-off to the downside here. All
289. 9:58right. Low, high, low. Okay. Common
290. 10:02retail pattern. Where are sellers
291. 10:03interested in taking this thing lower?
292. 10:05Right here at this high. We understand
293. 10:07that we reacted off it once, twice,
294. 10:10building liquidity at that high. Grab
295. 10:12this high, drag it over. Check that out.
296. 10:15High ran. Then we get a reaction lower
297. 10:17pullback. This calls for a short. Okay,
298. 10:20if you miss this, no problem. Look what
299. 10:22we do again. We induce sellers here,
300. 10:24right? Where they want to be selling
301. 10:25from at this point here in this red box.
302. 10:28This is going to be an area sellers want
303. 10:30to take price lower. And what do we do?
304. 10:34We trap them. Another entry for a short.
305. 10:38This was actually in my time window.
306. 10:40This is would be an entry I would take.
307. 10:41How would I enter it? Just like this.
308. 10:43Wait for the liquidity to get taken. aka
309. 10:45the high gets ran. Stop loss. You can
310. 10:47just cover the whole high to be safe. No
311. 10:49worries. And then target
312. 10:52one would be here. Why? Buyer liquidity.
313. 10:55We take out highs. Buyers are induced
314. 10:57the low. This would be a valid area to
315. 11:00target. And then of course our higher
316. 11:01time frame targets to the left hand
317. 11:02side.
318. 11:04Just like that.
319. 11:06All right. Now look at this whole markup
320. 11:09we have now. All right. right from what
321. 11:11it looked like before to what it looks
322. 11:13like now. Simply following the narrative
323. 11:17all the way along. Lots and lots of gems
324. 11:19in this video. I hope you guys enjoyed
325. 11:21this one. Yes, guys. I hope you enjoyed
326. 11:23today's video. It was a good one. I'm
327. 11:25going to continue to record more and
328. 11:26more for this series because I feel like
329. 11:28it holds a lot of value for you guys.
330. 11:30But again, if you guys did enjoy this
331. 11:31video, please leave a like and a comment
332. 11:33down below. Subscribe if you guys have
333. 11:35not yet already. We are on the road to
334. 11:3720K subs. Appreciate all of you guys for
335. 11:39hanging, tuning into our videos
336. 11:40consistently. We'll see you guys soon.