BANDILE TRADERS | ZOOM 44 | WEEKLY MARKET BREAKDOWN
good day guys good day guys hope everybody is welcome to another zoom session it's been a while missed last week guys apologies for that um it's just been a few things that um the boy has been working on you know but slowly but surely i will have to sort eventually i'll be able to announce them right for now i'm actually glad to announce that so 3.0 is actually um in the works being planned right and it is going to be a lot more improved a lot smoother you know i'm trying to get the merchandise on board everything you know so that's that with regards to 3.0 right also in the tour i have i will be also coming to um swaziland right so that'll be the first first um international country right swaziland so if you're from swaziland i hope you're ready right um there's also things such as live training sessions coming guys like trust me like the the like the distance and all that will literally be worth the trust me guys trust me remember i do everything alone so yeah you know but then yeah we're gonna we're gonna you'll see you see time time will tell okay some time otherwise other than that guys if you're new i highly suggest that um start the first room session if you're new to the group if you haven't watched any singles room session this is the person you're watching i do suggest that you start with the first obsession which is posted in august right so click out like leave this soon like leave this session right now and um go watch to save the session it starts with zoom zero one is the first one it was posted in those are not mistaken right so yeah it's extremely impossible to actually go to the zoom sessions and all that guys the same way you read a book you read a book in order the same way you should go to the zoom sessions in order you know um that way they will actually make much more sense right so yeah i'm extremely excited about that swaziland and live trading sessions guys there's even like a whole membership a whole membership thing that i'm working on like it's trust me guys it's going to be crazy it's going to be insane right so i see somebody's in the country just let me know if you can hear hear me in the chats or not let me just see if the mic is connected all right so let me know guys if you can hear me out before we proceed right but yeah there's a lot of there's a lot of updates that will be happening throughout the course of like the rest of this month right would you call superhero traders so yeah chance guys just guys we can yeah all right perfect so yeah guys like i said if you're new here it's extremely important for you to start with the first zoom session which is posted all the way back in august right we'll go august 2021 right the first seven zoom sessions are literally like a full-on online course in the race or just weekly analysis right we can now this is just me showing my perspective my possible my perspective and my viewpoints of the marketplace how i see the market rights for the week ahead right so that's exactly what's all going to be doing today right so let's get straight into it right let's get straight into it all right first up we have nasa 100 drives as you guys know water starts analysis on the daily time frame right reason being is just so we can get a clear direction of the market right clear picture and see the overall movements of the market rights and we always focus on the most recent market structure right so you can see this is the daily subcrime you can see that nasdaq has been dropping pushing out dropping pushing up but then it doesn't matter we need to focus on the most recent market structure which would obviously be this over here right clearly from a fast pace from a bigger time frame i can see that we have nice clear higher lows one two three right so i'm gonna draw in these higher lows right you can also see that there's a nice series of lower highs but then remember guys that we actually did get what we've got a breakout right so you can see that we also have a breakouts and recess guys so let's go down to the four hour time frame for our time frame you can see that we had a nice nice series of lower highs right and here's our breakout points after breakout we anticipated we tested our reset but guys you do know that a breakout is an indication of change of direction in the market right and usually if we get a breakout in the downtrend that's usually the formation of now an uptrend which is exactly what's happening right so if we delete this training over here you can see that we are now in an uptrend right you have nice clean searches on our upward trend line right i'm just adjusting again properly it's really cool right if you look carefully then you can also see over here that we have some sort of resistance yeah you can see that we have a resistance level which explains the drop now on nasdaq right so looking at nasdaq guys just a clean simple analysis remember that's extremely important for you to keep your analysis clean and simple at all times right trade your analysis check what you see and what you think right you can see that nasdaq just got just gave us a third touch over here of the resistance zone so you can expect a full drop to the 29 right remember now we ended up trading guys like we go again we go with the trend we never go against the chance so you can see that we end an upchain so what do i be in favors of buyers around the trend line right so obviously i have to wait and see how the market reacts to the channel if the market closes above the train and then we can anticipate buyers right you can see we have one two three three four five multiple times from the trend line so we'll be waiting for the six touch so that's my analysis on that's 100 for our timeframe right yeah unless you see only speaking i've seen it dropping all the way to the 29th only the strong the 29 like is my only like strong like possible reversal point right because you can see now if you're looking at zones you can see there's just zones on zones but you can see that nasdaq is actually just breaking positions right um you can also see we have this one over here let me just select my rectangle sorry there you go right you can just see that nasdaq is just breaking past is always the only um point of row so the the reversal point that the only reversal point that i actually trust and that i feel like could actually hold is the trend line right but again this is when you see how the market reacts to the training into the market could respect if it respects it but buyers will be valid but if it breaks the reason you need to wait for it retail strides so yeah other than that you can literally see that nasdaq is just breaking prostitution so this few patients and when you catch the reversal on the trend line you can see how nasdaq has been has been reacting to the train line so yeah that's why i'm in a lot of favor of the chain line right but guys you know how to trade so yeah i think it might cause muted no way no it's it's on it's on it's on did you guys hear and see my point of view on nasdaq but then now you can see that i just have this resistance level all right and if you like you can actually draw in a downward trend line you can see here something like that so also in third sites right so the all just goes hand in hand right obviously now waiting for the trend line so let me know what you bro let me know what you guys think about nasdaq before we head on see what it's really important see why it's extremely impossible for you to actually touch analysis on a bigger timeframe guys we had it we had we had us we had a idea of the direction and the setup that we run a trade right just from what looking at daily in the four hour time during four hour time frame really have my setup so it's extremely important guys to start the daily start from daily go down to age four h1 wait wait for those h1 and h4 candlestick closures before you enter the market as confirmation right so yeah you're simply going to wait for this whole way to share that better up to play out then i want to catch the polish reversal so yeah that's my analysis on this deck let me know what you guys think before we head on before we move on to the next um slides so yeah that's nasty let me know what you guys think we're giving it a good minutes before um this clean my construction because let me see it's even during an opportunity right breakout so yeah i'm i'm still expecting a huge bearish movements right just like now in terms of entry points like entry points my opinion it's too late you can see the momentum has already played out this is the perfect entry point guys but remember we are in an uptrend so we want to go with the trend you know so yeah be more comfortable with buyers remember guys your trading will be a lot smoother when you follow the train right it's like assuming it's like swimming against the currents it's a lot harder to swim against the currents at the ocean because why the current seconds you complain so as when you're swimming with it like your swimming will be a lot smoother because now the ocean and the waves are like pushing you you see but then now when you're swimming against it like when you're swimming from the shoal into the ocean like it's pretty difficult to see so the same logic and same theory literally you should apply when you watch trading in trains when you're opening trades and change rights if you're selling in an uptrend ish you do know that you could it could go down but then it's going to be a bit rougher whereas if you just simply just stick to buying in an uptrend you know so yeah i always say follow the trend right you'll still see guys you know your students stack are pretty similar right but then you can see daily time frame through in the download trend line but let's go to let's go down to the four outside rooms everything's clear you can see i threw in the trainer and on the lower highs right you can see that this is a breakout point and we're actually sitting on the recessed right sitting on the recessed forward for price right as you can see that on that stack that stack is still extremely pressure we get a reversal over here right looking at us 30 now can you also emphasize what's what makes the chart to be bullish this is a simple this is just looking at microstructure you can see that what we have a consecutive series of higher laws right so we know that an uptrend consists of higher lows yeah we even got to see we have one two three three such as complete touch to make the training valiant right please have to make the training valid and we enter on the third side try to enter the third touch and then after you can see third touch for touch foot touch you see so whatever that's what confirms that it's a bullish setup right us 30 is also giving us signs of polish setups you can see that we have the slow broke out see retested obviously was waiting for it full on retest all the way on this one movie yeah right but instead you can see here's our play card so i'm right so now if you're looking at the one hour same thing you can see one how time frame we currently sling above the trend line right now either two things could happen either usage you could close about the train line or your city could just come continue to melt down and close below the train line right and possibly drop to these points of vi because you can see that we do have zones right so use 30 yeah just simply wait for i'm honest i'll honestly be more comfortable for h4 daily kind of stick closure right but looking at the candlestick you can see that we have actually a lot of rejection right so this is what this is what also like gives me like signs that okay we could we could um get a turn and perish momentum right however looking at the h4 candlestick you can still see that we're still sitting above the train line right so i honestly waited for a proper proper reversal kind of thing like a doji or like a pollution golfing on h4 before because before we um into the market right but honestly speaking between nasdaq and your students see myself like i'm more in favor of the nasdaq setup so i'll just during the week i'll be paying more attention to nasdaq as you can see like it's more technical right it's more um so that it makes more sense technically right yeah it's a nice technical setup you know and guys so simple setups to make us the most money so but then this is new year's 30 you can keep an eye on your study but honestly speaking nasdaq looks like where the money is this week so yeah let me know what you guys think of this one and we see someone said about something about the chain line but you can also see here that white you better break out so ish i'm still a lot more in favor watch the trap right because you can see that yes our breakup points right but then however we are in the recess phase let's wait for the recess for you to play out remember guys that this is he has he have this this obvious initial breakout after breakouts you have to wait for a re-test of the train line or one of the the previous highs right and you can see here's a zone over here also you testing you see so let's just wait for candlestick closure and a nice nice sign of watch of reversal in the market right so that's my analysis on newest 30 rise other than that i don't see much right because remember looking at h4 you just see that we have those what was nice low eyes so we have this let me just and then in terms of the upper chain and you can see that there really isn't much right it's used to level touches so this is where our main focus is so yes that's your study guys let me know if you think of your study before i move on to our next analysis right guys it's extremely important for you to trade what you see and what you think guys literally trade what you see not what you think it's the simple setups to make you the most money guys you know probably a lot of people have doubts and they black no setup is too good to be true guys as traders like you need to trade what you see not what you think remember you trading based off skill and information a lot of thoughts you cannot let your thoughts dictate to trade right the first thing one thing that should always dictate your trades is skill information it's the knowledge guys not your thoughts you know you can't be saying i think i think it's gonna now see the market respects or it doesn't respect you know so yeah let me know what you guys think of your study before i head out before i head on to the next thing and lately i've been looking at ways in which to um make us like to to get more time on zoom but then obviously zoom has just this whole 25 to 30 minutes after that then it cuts the session short because what's the license is needed or something like that's right i know like i'm looking at different apps different um websites you know guys like trust we are i'm looking in registration right but then i think the fact that the session can be saved and uploaded i think that makes things a lot um a lot better right someone's saying they sing at that what's up news see let's see we're talking about over here i'm not disputing but ish look at kind of look at what the market's doing currently and look at h1 you can see that the second high over here is not as clear you can see the market you see it's not as clean so yeah plus you can see that the bearish trap has actually already happened my clear i was actually looking for a nice clear double top at this point over here but you can see the market reverse just before it reached this high over here right so yeah let's head on to nct usd right guys ncg usd remember guys assuming your person pleases touch analysis on the daily zone frameworks institution institute has been actually following for the longest time right you can see ncrc has been falling for the longest time and usually casually have a huge shop like this in the market i do suggest that you go to the weekly and the monthly time frame just to spot those words to spot the reversal points right so you can see monthly time frame um you can see that we have yeah over there you know just when you have a job when you have such a huge saddle off guys this is it's i just always suggest that you go to the weeklies and the monthlies just to get those reversal points you know because usually movements like these will reverse like on lows and stuff like that you see so yeah i can see that low over there right because clearly you can see that this is what you can see we have a lot of bearish momentum yeah right you can see that we have a lot of like impulsive correction setups here right just like that right so yeah but let's go down to the daily time frame to get an accurate accuracy analysis guys you can see that okay our ncgst has been pretty much dropping but let's focus on current market price this remains over here does look tiny but guys trust me let's see what we can fish our chair boom i see a nice series of lower highs over here right um i can draw my training over here and just simply draw it down like that right let me see what happens if i try it from here ah it's not that neat it's not the most precise accurate touches remember guys with the trend line it's just a matter of you just literally figure i wouldn't say fiddling because fitting sounds like a dumb word but literally guys just try and get those nice clean touches right so boom there we go there's my downward trend line um you can see i have my is there yeah yeah right you can see now this is what our breakout points after the breakout we anticipate i read their strikes now remember guys the monkey could either retest the training or retest the previous high right so you can see that this lower high over here could be our research plans right now guys the market could either reset the trend line or the previous high right so now let's go down to the on our time frame to see what's actually happening in the market you can see that nct usd is actually sitting on this zone over here right into the usb is sitting on the zombie yeah and you can see that vr was our breakouts we got a retest right off the train line so this would have been our first entry you know that resets the highest should be take profits so we just try click over here we set the highs to be our take profit so this would have been our first save profits this over here would have been our second take profits you see actually the points that touch also this point over here as however but you can see that right now the structure is pretty messy but if you look carefully you can see this is what a triple person writes however out away from further confirmation right before we potentially buy right so now our the point in which we can actually look to buy could be one second i'll be more comfortable with the deep deep recess of the train line right however but you can see that that will actually be a huge huge movement right deep retrace right but the market that's one thing the market can do that's one thing that most of the market does guys most of the times these highs ah they don't really usually hold what holds the most is the trend lines guys but right now institution i'm just keeping your solid eye remember guys never rush the inside setup guys you know a new candlestick pops up every single minute of the day from monday to friday but that doesn't mean that there's always an entry point one thing about the market it's always moving but that doesn't mean that there's watts and always an entry that that doesn't mean that there's always an entry point guys it's extremely important for you to wait and be patient guys for those entry points right most of the time you find that you have the perfect analysis the only thing that killed you is entry points you answered too soon you know like over here we know that we're going to get a retest right so let's try to wait and see let's wait for the market to retaste deeply right so that's nct usd other than this i don't see any i don't see any other potential setup um playing out right just keep an eye on this zone over here but honestly speaking i'm more fond of what the trend line all right let's see if we can actually throw in a train line over here um yeah it's it's not too clear yet right so let's just keep an eye on this one this is nct usd all right let me know what you guys think of nct usd we are now going to move on to euro usd right let me know what you guys think of ncgst if you have any confusion points if you feel like you confused or run some clarity yeah let me know what you guys think in the chats before we move on um let's get going now we're on euro usd actually what i've noticed is i actually like the monday's room sessions because the market actually has come down you know usually sunday's ish mondays during the days manipulation all that so looking analyzing the market on sunday before all the manipulation and everything is a bit confusing and you know and sometimes you could actually throw our analysis off so i like to wait on so i like mondays now because you know the market comes down all the manipulation everything done and dusted out the way you know so yeah euro usd same thing guys what we do is we start analysis on delete seven frame rates so you can see in the daily timeframe you can see that your usd has actually been dropping for quite some time right your usd has been shopping for the longest time longest time right and mostly our base entry points would have been breakouts retail strikes you can even see like guys trust me guys like the money is on the charts the answers and the candlesticks there's no secret formula no nothing just literally put time into the chart right you can see there's ah there's too much you can see i just import clear breakouts and retest right created up stick time right but then now let's focus on current market price right you can see here that we had some sort of uh let me just throw it in yeah there we go you can see that we had breakouts it says price ever since then it's been a milestone then now let's look at the current market price guys i love focusing on current market price kind of focus on the current market factors extremely important guys because like there's no need to dial too much from the past focus on what's happening right now and then what's happening right now plus give you an idea of what could happen in the future all right so look at current market structure ideas supposedly they have to understand that okay your usd has been dropping right but then look at current market structure right looking at current market structure i'll be looking at this segment over here right it's extremely important for you as a trader to know which piece of like which which uses the market to analyze guys probably was a lot of traders gold so much into the past that they end up you know like they just you know these guys don't tell too much in the first right h4 please my phone do not disturb my apologies there we go all right h4 and as you can see that we have what we could actually have signs of what nice series of lower highs rise but let me just go down to the one hour time frame to confirm everything right on our time frame everything looks a lot clearer right on our time frame we can see that we had a series of lower highs right my apologies let me just draw my tree line precisely accuracy is key precision is key that's one way that means precision yeah i preached that a lot one length one way that learns since i was gone right so you can see now euro usd one had something everything makes a lot of sense right through the training on my lower eyes you can see he has our breakout points right breakouts research usually guys after breakouts is usually a change of direction indication at once change of direction right it's change of trend also right and in this case you can actually see that it is true why because if we draw an adrenaline from our higher lows you can see that boom we have nice clean touches one two three he has a third touch third such entry point right now the market is actually retracing to what give us a full size right so i'll be in favor of buyers on euro usd right as you can see we just had this this sort of video guys so i'm going to see how the market reacts to the trend line right buys can i say closest above i buy take profit will be the previous high so that'll be my cp stop plus just put on the trend line right so this is one set up that is close to being valid and that we should actually watch and wait out for right take profit previous high right because why this that's the point with that so that's where the market is most likely to revolutionize you usually get those double top patterns and all that but it does happen with sanctions the market just continues shooting above the previous side but you know said i'll take profits previously guys stop loss just below the 29 so let's just wait for a nice proper touch of the train line before we go ahead with the buys right remember we had that breakouts breakout resets downtrend is over beginning of an uptrend so yeah let me know what you guys think of the euro usd i like this setup but this setup just requires a bit of patience just for proper confirmation so yeah let me know what you guys think before i move on um um let's just see if we can draw in nara to actually one second wait for the breaker that's a nice setup bro and this is where you can see how the market reacts to the trend line remember guys there's two things the market could do when it when when it reaches the chain lines either it could break or respect guys there's no telling and would like there's no telling what the market is going to do until it actually does it so we need to be patient and wait for the market to reach our train lines guys because remember either the market could break or respect so yeah let me know what you guys think before but yeah yeah just simply wait to see what the market does let you know but this is a nice rising channel so yeah as long as the market respects our trend line then we can continue bye okay zuma's actually giving us that alerts right so you can see now i have quite a lot of not a lot of um setups right sister it's all just a matter of waiting for the right entry point guys zuma's just giving me that alerts sentences four minutes left so i'm just gonna what i won't say run through but i'm just gonna talk through um the next setups that i have right so you can see that yeah i have usd jpy right usd jpy you can see i have this nice structure over here let me show you guys how i identified it pretty much see that you can join the trend line there and over here right so here this is like a breakout retail strikes you could what expects push through the upside right but you can actually see that what usd cheaper isn't really it's pretty much fighting you can see it's still consolidating on the trend line right possibly waiting for a nice a nice daily rejection right so maybe we could we could get a post a nice entry around wednesday right because you can see that okay we already checked we are retracing right you can see that the retracement has actually started right so daily candlestick the next indicator could be a nice rejection right if you look carefully i actually have people who entered piles over here right but to me this wasn't enough confirmation i can't be entering pace of the one-hour candlestick guys you can see this setup is a bigger time frame setup you know so we need to wait for that at least h4 rejection candle nice proper rotation can do all the daily kind of stick right so yeah but i am this this tesla couple it just does look like a bullet set up you can even see that usdjp has been shooting up for the longest time ever guys so yeah this will be a potential entry point too actually bye but now waiting for proper confirmation looking at daily candlesticks so i'm gonna let the market play out today see how it closes at midnight well tomorrow yeah you know what i mean obviously take profits previous high guys protect profit only is the previous high well let's say i'll take profit to be the previous time right so yeah okay zoom is actually on my a to my on my case now you can see now over here we have gbp ust right gps i did send out the signal right i as another signal you can actually see it reversed just before approaching take profit right as you can see just simple breakouts retail stretch you can see that it did reverse just before it approached take profits right most people got taken out um that break even on trailing stop-loss guys remember it's extremely important for you to put your stop-loss above entry once in profits guys i already say this this is so that you can watch whenever it's lost it's better to get taken out now and it's like these small profits you know then it's like get taken out in a loss you know because now if you weren't trading unfortunately right now yeah you are in a loss right always put your stop-loss at entry if not entry then just keep training it once you're in profits guys because one thing about the markets you can just turn unpredictably even yeah you can see that it turns ah how do i show the screenshot but yeah if you given me it it turns on me but then i got taken out with some profits right reason being because why i put my stop-loss at the entry right so yeah but then you can see now that what actually seems what possibly you can actually be what's expecting a deep retracement right it's a deep deep retest possibly all the way to the chain line right because while you can see that it broke past this previous high retails but then you can see it just spiked up right right now you can see that this candlestick is a huge huge rejection candlestick so we can expect a drop down to the trend line right before we could reverse and push the upside other than that guys i just want to say my final words before zoom actually cuts me off right um i will be keeping an iron on the market right this let's wait for you set up supply as you can see i have usd chef over here you can see i've seen i have an invoice head and shoulders right so that right now you can see the market is too far up too high right so just simply wait for it the market to retrace again down here and then you possibly look for buyers guys or get a deep retest and literally trade market structure as you can see that we have breakouts over here breakouts and retest so yeah only speaking i'm more in favor of cells right i love trading market structure right so yeah this would be my ideal setup over here the bearing test of the sun over here so yeah otherwise guys i hope everybody has a great week guys remember guys go to like just keep practicing guys go to the zoom sessions and trust everything will make sense guys charts you can never go wrong with charts
2022-07-26 14:14
