Training The Eyes Ep. 9 | Inter Equity Trading — Transcript

Full transcript

1. 0:00YouTube, what's going on? Welcome back
2. 0:02to another Interquity Trading video.
3. 0:05Today we have a brand new episode of the
4. 0:08fan favorite series, Training the Eyes.
5. 0:10Okay, this is going to be episode 9. Oh
6. 0:12my god, I can't believe we've already
7. 0:14done nine episodes of this series. Going
8. 0:15to hit 10 soon. What we did just hit was
9. 0:1820,000 subscribers. So, thank you guys
10. 0:20so much for the love and support on our
11. 0:23videos and our channel as a whole. We
12. 0:25have a ton of more content and value on
13. 0:28the way. This video specifically is
14. 0:30going to be great. So, sit back, get
15. 0:32that notepad out, enjoy the video. We'll
16. 0:35see you guys soon. Take care.
17. 0:46This video is going to be a good one.
18. 0:48So, please sit back, get those notepads
19. 0:50out, and take some notes. All right. So
20. 0:53today we have NQ and we're going to stay
21. 0:56on the 15minute time frame. Okay,
22. 0:58remember the sole purpose of these
23. 1:00videos. I'm sounding like a broken
24. 1:01record, but it's to train those eyes as
25. 1:04much as possible. Okay, the only way to
26. 1:06do that is repetition. So that's why I
27. 1:09make all these videos. That's why
28. 1:10there's so many videos in this series,
29. 1:12right? Cuz we're doing these things over
30. 1:13and over and over to train those eyes.
31. 1:16We're starting on we're actually we're
32. 1:17going to stay on the 15-minute time
33. 1:19frame here. Couple things to talk about.
34. 1:21Starting off on the lefth hand side,
35. 1:22we're going to follow along with this
36. 1:23price action. You can see here we had
37. 1:25this big bullish move, clearing any
38. 1:26liquid at these highs, followed by a
39. 1:28sell-off. Price ends up kind of
40. 1:30consolidating for a little bit here.
41. 1:31Takes out a high and then we get a big
42. 1:33sell off to the downside, clearing a
43. 1:35low. And as you guys can see from that
44. 1:37point, we moved bullish and we moved
45. 1:38bullish quite a bit. Okay, printing this
46. 1:41high in the market. Following along, we
47. 1:44go lower. Respect structure a bit. What
48. 1:46do I mean by that? You can see how this
49. 1:49induces buyers into the market. So then
50. 1:51you have buyers interested in taking
51. 1:53positions in these regions. There's
52. 1:55reactions and then price goes bullish
53. 1:58and then keep an eye on this high right
54. 2:01here. Why did this high print this wick
55. 2:04here? It simply tapped in to this high
56. 2:07to the left hand side. This is how
57. 2:09simple things can be. Now we do not
58. 2:11predict that there's going to be
59. 2:13liquidity above this high. No, we simply
60. 2:15let the market communicate that to us.
61. 2:17And what happened here? This high, if
62. 2:19you look to the left hand side, it
63. 2:21respected this high from the left. What
64. 2:23does that tell us? We have built
65. 2:25liquidity at this high. And we didn't
66. 2:27just guess, right? We're not marking
67. 2:29this high out, guessing. And what we're
68. 2:30going to do is we're going to plot a
69. 2:31blue line here, too. We're not guessing
70. 2:32that there's liquidity above this high.
71. 2:34No, we let the market communicate that
72. 2:36for us. And that is very, very
73. 2:37important. Now, following the back of
74. 2:39that, this gives us a reason for us to
75. 2:41trade higher one day into these highs.
76. 2:43There's logic, there's reasoning. From
77. 2:45that point, we sell off to the downside.
78. 2:47We take out this low, which is fine. And
79. 2:50then we range. And we range for quite a
80. 2:52bit. Look at this price action we get
81. 2:54here. This is actually almost 2 days of
82. 2:57price action. And if we can mark it all
83. 2:59out, you can see how the market for this
84. 3:02low in the market. Then we move higher
85. 3:03inducing buyers by taking out this high.
86. 3:05Look how the market came down, respected
87. 3:08the low. Look at this wick here.
88. 3:09Respected the low, building liquidity
89. 3:11below this low. Then the market sold
90. 3:13back off and took out the low. This is
91. 3:15very, very important. So listen up and
92. 3:17listen closely. If we back up a little
93. 3:19bit and we ask ourselves, why did this
94. 3:21low in the market print right here?
95. 3:23Okay, why did this low print? And we
96. 3:26have to look to the left-hand side and
97. 3:27see what it reacted off of. Right away,
98. 3:29I can see that price has tapped into
99. 3:32this low and respected it. Same concept
100. 3:36as this.
101. 3:38This high respected this high. Okay.
102. 3:41Now, this low has respected this low.
103. 3:44It's very simple, very straightforward.
104. 3:46So, what can we do now that it's tapped
105. 3:48into it and we've gone bullish, there's
106. 3:50going to be liquidity below that low.
107. 3:53Now, check this out. When price sells
108. 3:56back off, clears liquidity from this
109. 3:57low, but yet it does not take out 2551,
110. 4:02what we have done is left liquidity at
111. 4:04the lows. And we have to keep an eye on
112. 4:06that because remember our edge in the
113. 4:09market is to buy once buyers are taken
114. 4:11out. Now ask yourself this. Has buyers
115. 4:14been taken out if we just stayed above
116. 4:16that low? No, they have not. I view all
117. 4:19of this price action right here to be a
118. 4:22trap. You want to avoid trading this
119. 4:24price action because we are still
120. 4:25trading above lows. Again, if I drag
121. 4:28this red box, maybe it brings a little
122. 4:30more clarity for you guys. You can see
123. 4:31how we have respected it once and twice
124. 4:34and we've went bullish once again. And
125. 4:36check this out. We took out this high
126. 4:38again. This induces buyers into the
127. 4:40market. So, this is all going to be a
128. 4:42trap. I hope you guys are starting to
129. 4:43see this over and over. Look what the
130. 4:45market does once again. We induce
131. 4:47higher. Price sells off, but still yet
132. 4:49we're still respecting the lows. So, all
133. 4:51of this above this low is going to be
134. 4:55liquidity. Now, this is very, very
135. 4:58important because this right here
136. 4:59teaches you guys when to stay out of the
137. 5:03market. And it's very simple, an easy
138. 5:05rule to set for you guys in this
139. 5:07specific circumstance is all you would
140. 5:09have to do is identify where we are is
141. 5:12identify where we are building liquidity
142. 5:13in the market. It's very easy to say
143. 5:15that this low right here is building
144. 5:17liquidity in the market. Okay? So, we
145. 5:19mark it out again 2551.
146. 5:23any moves, any longs above it should be
147. 5:27a trap. And I call that engineered
148. 5:29liquidity. When I identified this in
149. 5:31real time, I said to myself, it's very
150. 5:33easy. It's very straightforward. If
151. 5:34price comes below, and remember what I
152. 5:36said, if price comes below, cuz it
153. 5:39doesn't have to. This is not 100%. And
154. 5:41this is something you guys need to
155. 5:42understand. If price comes below, now I
156. 5:45can look for a buy opportunity. And that
157. 5:48perspective is so so powerful because
158. 5:50you'll stop caring about every little
159. 5:53move that's going on in the market.
160. 5:54Again, you've identified your liquidity.
161. 5:56You want to see price below it. If it
162. 5:58goes below, sure, there's a buy
163. 6:00opportunity. Other things to talk about
164. 6:01here. Yes, we have identified liquidity
165. 6:03to the downside that we want to long
166. 6:05below. Coincidence? What do we have
167. 6:08right below that? A liquidity block.
168. 6:10What is the logic behind a liquidity
169. 6:12block? Now, not every liquidity block's
170. 6:14going to work. Again, nothing is 100% in
171. 6:16any strategy out there, but the logic
172. 6:19behind our liquidity block is price
173. 6:22printed this wick, taking out previous
174. 6:25lows. Now, the logic is there's no
175. 6:28liquidity below this low. So, if the
176. 6:31market comes down, runs this low, where
177. 6:34are we going to put our stop loss? Look
178. 6:35at my crosshair on the left hand side.
179. 6:37We are going to tuck it right below the
180. 6:39liquidity block. Just like this. As
181. 6:41simple as this. Now, if we get tagged in
182. 6:43here, you have first target these highs.
183. 6:46If you look at price action right now,
184. 6:47I'm using the replay tool to kind of
185. 6:49emulate live time as much as much as
186. 6:51possible. You can see how we are
187. 6:53building at the highs here. There's that
188. 6:55logic. There's that reasoning. Very
189. 6:57important. We aren't trading patterns
190. 6:59here. We need to understand that there
191. 7:01we need to look for logic. Yes, we're
192. 7:03looking for a long, but why are we
193. 7:05looking for a long? Is there highs
194. 7:06intact? Right? Is there a reason for us
195. 7:08to push higher? And that's what you need
196. 7:10to be asking yourself. So, if we leave
197. 7:12these highs intact, look, great first
198. 7:14target. And then don't forget where we
199. 7:16built on the higher time frames. Look at
200. 7:18these highs. Another great target. So,
201. 7:20I'm using these two blue lines for
202. 7:22reference, okay? That we can target this
203. 7:23these highs. This low, remember, we want
204. 7:26to long below it. Let's see what price
205. 7:28does here.
206. 7:30Okay, so there we go. Price tags us into
207. 7:33a T. It comes a little bit in draw down.
208. 7:35And if I actually remove this tool, I'm
209. 7:38going to show you guys something a
210. 7:39little powerful here. And we're going to
211. 7:40zoom in. Look at my crosshair right
212. 7:43here. It's 10:45 a.m. What happens at
213. 7:4511:00 a.m.? We get an hourly closure.
214. 7:48So, look at this. Price is moving
215. 7:50bearish through 10:00. As soon as 11:00
216. 7:53opens up the new hourly candle, we stab
217. 7:55out previous hourly low. And now the
218. 7:59bullish move starts occurring. Where's
219. 8:00our entry? Our entry is below this blue
220. 8:03line. Let's plot it on again. So,
221. 8:05there's our entry. Stop loss. Look at
222. 8:07our crosshair. goes below the low to the
223. 8:09left hand side. That's always going to
224. 8:11stay the same. Maybe if you guys want to
225. 8:13do a partial point, that's a valid
226. 8:14partial point. Partial point right
227. 8:16there. And then of course you have the
228. 8:17highs as well. So just like this. Let's
229. 8:20see what occurs.
230. 8:23This is actually very important. Okay.
231. 8:25And I get this question a lot. I'm going
232. 8:26to delete the buy tool just for now to
233. 8:28clear up the chart. But everyone always
234. 8:29says, "Oh, Marco, what time frames do
235. 8:31you use for this? What time frames do
236. 8:32you use for that?" Check this out. It's
237. 8:34very simple, but so powerful. I think we
238. 8:37can all agree if you look at this price
239. 8:38action right here, it's very squeezed
240. 8:39up, okay? Very bunched. It's hard to
241. 8:42understand what's going on. So, go to a
242. 8:44lower time frame. That's all I do. Now,
243. 8:47look on the 5m minute. It makes more
244. 8:48sense. Look at what we've done. We've
245. 8:50taken out a high. Price comes down. This
246. 8:52low respects this low. So, what has that
247. 8:54done? It's built liquidity at the low.
248. 8:57So, plot a blue line here that
249. 8:59identifies for us that we have liquidity
250. 9:01below this low at 25610.
251. 9:04What a coincidence. Again, check this
252. 9:06out. We have a liquidity block below.
253. 9:08Would you look at that? A possible
254. 9:10scale-in opportunity. Entry would be at
255. 9:12the low, stop loss below the liquidity
256. 9:14block. And in this example, I would not
257. 9:17be partially at this high. Why? Cuz it's
258. 9:20only a 1 to 1.6. So, what what I would
259. 9:23do is as soon as this high is taken, I
260. 9:25be my entry. That's fine. And then I'd
261. 9:27hold to my actual full target being up
262. 9:29at the highs. So, I'm going to plot on
263. 9:31both buy tools. You have the extreme
264. 9:33entry being down here. Perfect. And
265. 9:37a confirmationbased entry that's taken
266. 9:40off the 5minute chart is right here.
267. 9:43Okay. So, look what we do. We build
268. 9:44liquidity again at 25610. Price comes
269. 9:48down
270. 9:49and tags us in. So, I'm going to move
271. 9:51this tool over. There we go. We're
272. 9:52tagged in our second entry. Remember,
273. 9:55we need logic. Why are we going up? Now,
274. 9:59we can all agree that we see some form
275. 10:01of liquidity to the upside. We see
276. 10:03sellers left in the market to the
277. 10:05upside. So, we want to target that.
278. 10:08Okay? There's our logic. There's our
279. 10:09reasoning. This is not a pattern. Okay?
280. 10:12You guys need to understand that. Forget
281. 10:14that pattern perspective. That's not
282. 10:15what we're doing here. You need to
283. 10:16understand the foundation, the logic
284. 10:18behind these moves. Extreme entry tagged
285. 10:21in. Now, we have our pullback entry
286. 10:23tagged in. Let's see how this plays out.
287. 10:25And boom. Just like that. partial point
288. 10:28first hit here at 25745.
289. 10:31And now we're hunting for that higher
290. 10:33time frame target. Let's play it out.
291. 10:36And boom, just like that. Okay,
292. 10:39clockwork. I hope you guys are starting
293. 10:41to see the similarities between these
294. 10:43entries and previous entries I've shown
295. 10:46you in the past. Okay, remember, don't
296. 10:48take them, hold them side by side, and
297. 10:50look at them from like a pattern
298. 10:51perspective. No, you need to understand
299. 10:53the logic behind these charts. what I
300. 10:55just took you through for the last 10,
301. 10:5812 minutes. Okay, I hope you guys
302. 11:00enjoyed this breakdown here. All right,
303. 11:02guys. If you enjoyed today's video,
304. 11:05please leave that like. Comment down
305. 11:07below what other videos you want to see
306. 11:08from us, what videos you enjoy, so maybe
307. 11:10we can make more of those in the future.
308. 11:12Without further ado, guys, we'll talk to
309. 11:13you guys soon. All the best. to take
310. 11:14care.