Forex Trading | How To Entry Market Like A Pro!!? Newbie Must Wacth!!
hI guys Now Iam learning you about spot entry in forex market because its important when you going live trading now i will show you a something drop base drop drop base drop its look like this price dropping then Accumulation this is base now price dropping again yeah this is drop base drop now the price retreace again now this is your potential sell signal now price its retested then retested again and then drop This is a Smart money Concept now i mark this area this area in here im going into create a line then create line again now this is a supply method in forex market price drop now this is i call drop base drop drop price yeah now i will make it big 32 okay now this base is accumulation this is base dont sell in here or in here just wait price to into the base zone dont buy in here just sell because is potensial sell signal signal or supply zone you maybe better sell in here now your stoploss is in here now this arrow is your sl now this is a drop this is a base DBR ZONE NOW PRICE PULLBACK TO THE BASE AREA this is your entry and this your stoploss just waiting a tommorow or next days to see the profit okay just understanding this picture now its happen in a downtrend market when you in downtrend you will see this pattern this patten its so strong for everything okay i create new a some pattern very good pattern i draw is a downtrend now price create this area now price drop now price retested you must waiting whats is going on now price up again price pullback to down Price looks like consolidation okay thats new formation / formation low This is A down trend then Price Broken Up and Create Higher High So THAT MEANS ITS GOING TO UP!!! now i will draw again If you see in 4hrs timeframe this is maybe in 4hrs chart this is a good okay this 4hr what going on yeah This is A Support Key Level key level in here why Key Level!!! Because This Base Is Respected about a if you looks on Daily timeframe or weekly timeframe chart price retested this base and create structure like this This is A GOLDEN ZONE ITS MOST PROFITABLE OKAY THIS IS A KEY LEVELS OKAY KEY LEVELS NOW WHAT THE BEST ENTRY IF YOU SEE CHART LIKE THIS SO a good entry is in here nah you can use fibonnaci a then you buy in here buy!!!! in here!!! where place to set your stoploss is going in here your stoploss okay your stoploss below nah this is your sl whats is going on next you expect price going up in here Then Swing!! you going swing trader its gonna be 3 days estimated this is one day / day one day one day two day three now if you want a swing trader you must do this this is a golden zone a maybe 4hr chart 4hrs you see this now this is big break of structure and you can combined with fibonnaci level you can draw fibonnaci into like this you can draw this is a okay example fibonnaci this is a great learning guys now this is a zero this a a now what now this is a i mark the higher high this is a downtrend down and down break of sctructure price retested to down this a good entry this is i call big formation low PFL OKAY this peak formation low has been locked price going into high so i create higher high now price dropping this is HL HIGHER LOW okay guys this is perfect it same thing on on any days its is institutional level the price basicly on every market trading now this is higher low going into higher high and price going into higher low then price going into higher high price in consolidation price high it mean this is not the end price up again now price going into reverse just looking guys you will understand how to trade forex going to low going to high going to low going to high now this is a HH higher high HIGHER HIGH THEN IS HIGHER LOW then i up again this is a higher high higher low this a higher high okay HH now its a good very big spike it maybe change direction but as a trader you must waiting waiting a long days okay price dropping now when its a dropping i call this lower low this is a lower high then lower low again then price lower high its same thing LL LH OKAY IAM MARK THE POINT OF ENTRY okay this structure higher low The break of structure of the last higher low its a signal that the market structure its changing from uptrend to downtrend now this is break of structure what a good sell??? when you see this you must wait mark the higher low previous higher low you mark with line then price into here in sell here sell in here your stoploss is depend on yourself thirty pips stoploss or fifty pips stoploss or fifty pips stoploss okay the price if you sell here your stoploss is must going above its taking three or five days to drop into the demand level because is a when you see consolidation in here it mean demand your take profit in here if you want swing trader this is your tp that your first tp its easy guys dont overlot in trading because you will not succes okay swing trading as a trader you must patient about everything if you not patient in market you get a wrong entry and its not good for long term you not patient forex for patient people okay i will understanding bearish move explained pkay just look my what iam doing in a down market a its like base spike then drop consolidation litle dropping again and drop this is a downtrend guys good strong downtrend its from here you see this is arrow bearish impulse bearish okay this maybe spike in here that let in you buying signal but its a trap okay this is a base you know base now this is a SUPPORT LEVEL yeah support level and dont buy in here you not going into the profit but loss this is a trap bullish this bullish pinbar bullish pinbar this is a support level now its create double bottom some trader think its buy signal but its a retracement in to the support going into resstance yeah when you see this i prefer you sell sell in support level going into resistance sell sell in here what i mean you see the price going down then up this is a candle close but not broken the support this zone became new resistance that why you must sell in here your stoploss maybe in here your sl your stoploss maybe in here this is a continuation move continuation in bearish market now understand this picture you going a lot a understanding you know then i will show you how to use RSI OKAY IN RSI YOU WILL SEE THIS this is a potential good buy because this oversold level it mean you must buy retested going drop okay up again wuz wuz spiked drop this is a oversold level gais oversold level over bought level and this is spike indication possible drop in a price now if you see this is undervalued valued this mean dont enter in here yeah this is a good buy signal this is a good sell signal RSI relative streght index is a momentum indicator that evaluated overbought and oversold condition for spesific asset generally when rsi is a 70 percent a trend reversal or a correction my happen same idea when rsi is a oversold zone thirty percent didnt really on one thing for more confirmation better signal that a forex guide for u guys this is forex is a forex everything is gonna be happen but you have some advance in analyze and risk management you will profit easyly macd indicator is momentum indicator volume indicator mean see how strong or weak trend it is bull flag pattern if you see bull flag pattern its a profitable pattern this is a bullish flag pattern where your entry you entry at here buy in here your sl is thirty or fifty okay your stoploss is going here uptrend market this is mean higher high this is higher low you see its a same thing in a forex this is spike