Forex Market Review [2022.07.18]

hello welcome back again to my fb life this is your mentor neil and today guys what i'm going to do is actually a review for quantiarisa market today how it behaved as compared to the high-end lows of the sessions high-end lows of the previous week high and lows of the previous day so pinaka trading system where i use price action and smart money concepts uh and i'm using 15 minutes time frame and as you can see in my chart you might notice young pink area light luna area and gray area so young pink area is the asian session so italian first three today the market and a green jingxia just right a little bit below the previous week high but a little bit above than the previous stay high so this one this kind of this is an indication but it don't break out you see it's trying to attempt to break below a break above this high of the previous week and [Music] the price was already trading a little bit above the previous day high so after the three hours time time range the carbon then right at the first hour of the first 15 minutes first three three times 15 minutes or 45 minutes like and breakout see he was 30 so sleeping nothing no i know closer so i don't know yeah so this is the previous week i i think i need to adjust it a little bit because i made you overshoot turning so brush 15 minutes to retest the previous week high then that pullback or or black candles in the white candle and a golden then continue to rally up to the round number and continued further and then after the three hours nicaragua pulled back and then consoled it again negatively until the beginning of the u.s session so 2 p.m here at central europe so but after that as you can see this is the first push second push third push push and then the fourth push so actually i was already looking to short this us-30 right that they at this green candle so it will be a third push one two and three and i was i was uh i i know that the us 30 and i got one uh engulfing bearish candle but in the queen she heard again so i green box and a stop out because he usually again enter john uh limit order then your stop loss is above the green box so let's stop out yeah but when i saw this pattern one and then another push to the upside then i got one on bearish pattern here so this is double taps now first up and the double taps with the engulfing bearish so should not call it winning trades in on my second attempt so again let's stop out monaco then like entry and i doubled my i put two times my positions on this us 33 we're holding all the way up to 4 p.m so i get like two or three hour profits on this all right so that's how us 30 uh traded today but if i hold us 30 until even up to the close which is 10 p.m here in in central europe i would have would have gotten more profits from this trade okay so let's measure so let's how many hours by unlocking total movement for this pair so that is an amazing 5 bar from from 3 40 340 is actually 10 minutes after the stock market opens in us until the close of the stock market which is 10 pm here in central europe so that was five hour mob okay so sleep moon did nothing so the same lamp so however so i was uh watching for a pullback up to this uh green box but indiana i was watching for the pullback here however when i shorted us 30 i also shorted your 30 right around here so it's almost the same time 15 40 15 40 also here set up the same short us 30 see no short currency 30 so similar language so this is a positive correlation all right so okay again to hold on with the winners but uh my basic uh my my basic rule is that position first position first position and then i'm moving my stop loss to break even for the second position then hold on all the way so hold passionate position so i need to still uh improve that part of my trading say i know that and i saw that it's really there is really a possibility in my current panama's maraming profit for that if i'm able to hold on to my second position much longer all right so modeling so i think uh 5 am so for those of you who are watching this video via replay hello signing out i hope that you are fine and i hope that you are your trading is doing well so for those of you that who would like to learn the strategy that i am using again i'm using smart money concepts and uh price action i don't use indicators as you can see with indicators are the high end lows of the session and high-end loads and you can also find me in my discord channel it's called the trade-offs discord channel page so try to check out that or follow my facebook page but uh i don't care info about any live videos or new videos or new info that this related training so i think fb page go related training okay so look up post upon details about my mentorship program so for those of you who would like to to learn from me and then feel free to just write me a message and also you can check out my post so and then you can also subscribe to my uh youtube channel tradeoffs youtube channel so right guys so the magnum antioxidant pair so us oil papaya banana trading as well us oil as you can see this is a previous day high in the asian range below just previous day and as you can see this range of the previous day is actually higher than the the two days range high you don't know so uptrending and this is actually the first box break out now first box then so what i mean here is that we are just label two so if we are level two uptrend then there's a chance that there will be a level three so junior today level three happened so thank indicators and then i will show to you what i mean by these levels so ito young previous month low pml and this is the the first push to the downside second push and the third push so the third push between lowest box and the two on second to the lowest box so this is level one level two he broke out today from that level two so uh we should not counter trend level two uh uh move because usually uh could continue in to the upside so we should be long always if we are at the level one and level two but if we are already at level three we didn't nothing any short especially if my correlations or confluence is a high of the day of previous week or high of the previous day all right so public session indicators number by 8 15 like around diamond continuation to the upside up to 9 30 but after 9 13 a pull back button and pull back up to the round number same actually it's the same point this is the order block that was created during the first 15 minutes of the london session so again so holder block pull back and and [Music] mitigation of this order blocks so eating and nothing i know refined time frame to give nothing in green okay i will now turn to one minute time frame and then to check nothing in green box so it will uh price option during the first 15 minutes now long done and then the mitigation move that's a pull back to here as you can see pull back consolidation and then the beginning of the u.s session

move upward consolidate then by 3 p.m here and continue movement upward all right so as you can see uh and uh human radicalness navigating i should not be counter trending uh trading this level 2 movement to the upside so again how this uh abandoned move today it's basically a mitigation of the order that was created during the first 15 minutes of the of the london session most probably our entry points see my entirely dong doji plus in golf then by 3 p.m we can enter this market with a very small risk so this would be our risk reward is up to the next round number that's a 3.7 r okay is earliest entry is a buy limit order which is set very close to the round number so right here simply you go back to your order block and get the half of that order block so right around there 98.6 and then set your stop loss below the order block but below also the round number so if if that would have been your entry and risk so main journal again within two hours within two hours two hours long so that's really possible webinar within tours it's really possible if you are using smart money concepts gold and nitrate in gold so um previous month law we were trading below the previous module one two three four boxes five boxes and then in the fifth box double bottom and put the dice uh 15 minutes into your first box make breakout times the first box into your highest point before the breakout highest point before i break out the next break association session today the london session like trade show necron and pinbar dito then continued to move higher let's say around 50 pips if the pips move then pull back step out stop losses data below the low of the london and the pull back to the order block so idiom order block number so actually it's already too late to say outside your session time window so human time limit orders either i must begin that you can sell out now nothing about you price is already trading outside our time window of 17 05 so round number very important key level yeah so i'm looking for a bounce because lowest box first box second box so level 2 price movement so nyon and irs is a pullback inside this first box so however get by going price and i go lower than this first box then we should invalidate this long position gold so it might still continue to move over however this area or this low of the previous day malabang pointing my caron and double bottom c code so here is the the first and here can be the second bottom but there are 20 levels so it all and the low of the previous day so okay so either here or the low of this previous day though now previously in a surrounding once it's hitting this level or how the surprise behaves if it goes to here so or engulfing bullish that's a sign that we are we might be this gold might be bouncing and it might have been respected it's the low low of the week or low of the low of the week so of course your target will be the high of the week or even more or or this reducement low which it was a support before it might become a resistance later on and remember that it has been already trading with many boxes so levels one two three four five that's already an oversold territory for gold all right so so that's it guys so if you would like to also by the way if you would like to follow my trading signals that i am posting via my discord channels by my discord channel you can also join my discord channel which is this one talent sucking facebook page and then just follow this link and you can join my discord channel for free and then watch out for all those helpful tips that i'm posting in the page in the group again god bless guys and good luck

2022-07-27 04:17

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