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wow guys what a phenomenal week of trading it's been thus far
between Jason and myself we have brought in 500-plus
pips over the last four days in well
as I was thinking about it I was really trying to figure out why
was it the news out of Greece earlier this week your
no was it the FOMC minutes the
thousand-word FOMC meeting minutes that came out yesterday
probably not I am and really it is as I dug down deep there was all the
one reason why we saw the type a positive movement that we did
it's gotta be the beard ok
on
when the
a guide to kill stokes here head currency trader or trading power dot com
and welcome to my week in review video
as you can tell I'm in a very good mood because well I've made a lot of money
this week
now if you're new don't worry I'm not gonna spend this entire video telling
you how great I am in
how you should treat my super secret system that is gonna guaranteed you five
hundred pips
every week for rest your life no this is an educational
educational video if you've been with me for any amount of time
you know that well trading is a grind I take you through
the good I take you through the bad I take you through the ugly week in and
week out in
well this week just happens to be one of the better weeks
so what I have in store for you today is a minute ago
arm a flashback in a few that raised there were a lot of trades fired off
arm Jason I took about 15 probably ten oven coming from myself
I'm not gonna take you all think that would be a waste the time but i wanna
take you through a few traded a few examples
that I can be beneficial for your education on
price action analysis technical analysis and structure trading
at the very end I also wanna talk a little bit more about
on the equity curve we touched on it in last week's video
and i jus wanna show you guys are really the reality of trading when you do have
those big months why they're important
and really how you get there in in not I think it's gonna
be different from a lot of what you've heard
over on the Internet
give you a clue you don't just let a trade ride for 500 pips and and and hit
home runs all the time it's a
a much harder battle but look into that a little bit later so
first wanna show you the flashback from the video I put out to my syndicate
members
on Tuesday I believe it was are looking at a trade from the dollar-yen this
trade was also on trading view it set trading view on fire
gotta lotta comment so if you followed me on there thank you for showing me
love in a
hopefully this video will give you a better explanation
up the chart that I shared with you dowry and another interesting
structure based rain we had to break out the entire wedge pattern here last week
Jason made a
geez Mesa pretty pretty good money off this one we r which pattern right here
right price action broke out a bit
now at we actually we broke out came back dampen the retracement to retest
the level
broke out again putting in a nice harmonic move now we're right back down
to their previous retracement and two things stand out as I granted hourly
chart
the first thing obviously is going to be structure were lookin at
BOM our previous outside return if I did take a lounge or from here
look at look less structure lease clues to hear the here
were holding a pretty good line here should actually be a little bit lower
right about their I'm hold a pretty good line or lash structure area
and then lastly we have disarm really does the sending wedge pattern were
coming down like this
and then we have this sending waves pattern
and typically we ought this is going to be different than the flag pattern flag
pattern pen it's really with this particular pattern as the sending wedge
were actually see we're putting in lower lows here
typically this type of formation breaks out the
opposite direction so as we're continuing
to put in lower lows we're likely to see a breakout to the upside
so again we're looking at a risk-reward opportunity here if you're able to get
involved at a good level
you're looking at stop to see you enter a market on my entire market take a look
at this
which we're looking at a stop real get in and she right here
market we're looking at a stop loss right below the structure love to drop
before right below arm
one 1826 in a party will get long descent videos over
we're looking at a move well and minimum to retest the highs at this wedge
pattern
or look left structure leaves clues if you're into that had shoulder type thing
is actually print problem bad love to take a
the target actually and then a a secondary target
alright so if you're new to trading bugai's you can go over to the website
trading view dot com a
if you want to search me to kill underscore stokes BC I share a try to
share least one idea
a week I you know don't follow a min
and and treat everything I tree but just to give you an idea of the type a
traitor I am in
opinion some pretty good comments on just how educational it is so
on it's a place you can go
now here's a look at the dollar-yen tree we just talked about if I Gordon click
this button right here you'll see exactly what we did
BOM I really without any pain we ranch
straight up into our structure level also putting in a head-and-shoulders
pattern and here's the thing: guys
I don't trade head and shoulders its it's the
it's just not my trading arsenal for me it's no different in structure based
rate
but you do wanna be aware of these levels and you see the market respected
that level
and although I didn't stop in reverse my position
up on this level I did pick it out as a point where I wanna take potential
profit and I don't wanna fight it I don't wanna
shoot for just a home run and and and well
strikeout trying I wanna bank 40 or 50 pips however much we made on the trade
and then look for my other opportunity and and that's part of the process I
love
putting the puzzle pieces together trading there's there's so many ways the
tree
on if your gonna be a a price action structure-based rare though
I wouldn't choose one single wat me know when
isolate ABCD pattern that way
isolate arm just double bottom I would look at
each skill that you learn as being a potential puzzle piece and then as you
go to break down the charts
what you're doing is you're putting those puzzle pieces together boom I've
gotta I'm
a falling wedge pattern which means this I've got structure which means that
I've got a double bottom at that level that means this and you put them all
together and you wait really for
arm the planets to align and and and when they do
you can get pretty accurate trading opportunities actually a quote from one
of my a
a 12 week transformation members today he's been in the course for
four weeks into the keel I'm up for weeks in the course I noticed that my
trading has slowed down a lot of not taking
as many opportunities on and because it my results have been a lot better I said
and that's perfect I guess I was was saying name but Dana
anyway you're out there now you're famous as a day no thats
that's perfect what you're doing is you're adding filters and surges
no finding every single reason the trade in and then taking
loss here lost their win here when there and kinda being all over the place
you've got a game plan you gotta you know exactly what you're looking for you
know exactly how to take it
and you're leaving a lotta does I am
worst trading opportunities you leaving them on the table you're saying you know
I
in ODIs could be a profitable trade but I'd much rather look for a high
probability one and that's that's the key to trading is really
adding those filters in keeping yourself out of those those trade in situations
that
aren't the best now
also got another note from a guy who's interested in signing up data
just asking about a cure Selena like what you do I don't particularly trade
the forex market not against it but
I wanna know if these are up you know
if this technique if the strategies are really thats is not a strategist this is
knowing price action but
if this works on other markets as well in and year does it works on
you know any other market out there any market any time free mail
now depending on whether you're a traitor investor you may use it
differently
but the skill works and we actually had a breakdown
upon II did a break down a bit point in my Monday live training session
I'm with my course members and but will again I'll give you guys a a brief clip
that in
hopefully you can see it's the same exact thing
it doesn't change %uh
in our our
our previous move we had just broken a previous structure high right here
we just draw decision UBC break above close above that level
is going to make this soil
line with a little later break above close above at that level and I was
reading price action action up that's what I
so I like to do re price action now looking at swing how to swing low
other than an outside return right here
boom swing how to swing low we kinda comma shelved of
at this level you can and yes to make the case for this to be a triangle which
pat is something that sort
I'm but we help we hold the support level twice
one to you say we come back in Tesla for their time right here
as we consolidate and again given these you when his wedge patterns down here
and then we finally break out to the high side we get a higher higher higher
close
above our structure level right here now we get a retracement
right back into that level and I'm thinking along opportunity
something in higher higher higher close we gonna
short term bullish rotation we've got a retracement back into our previous
structural
there's a looks like a 618 fit as well see our goodbyes are
your right around that right around that
618 feminazis well said is there is there a buying opportunity down here
in anticipation riding this thing up either to a retest at this level right
here a previous structure highs
we go down to the lower time frames down to a fine hourly chart
years were caught my attention even more so price action came down to this level
week on a soft of BBC little
little double bottom action down here market comes down
boom retrace
retest higher higher higher closes in 20 618 action here right
CICS we had a similar higher higher higher close retracement on higher time
frame right
and now we have that same type to hire hire hire close 26 acts 26:18 action
your
UBS if you guys see this yet
candlestick formation of I'm looking at the week so these candles
and I'm noticing here look i'm looking at
even right here long with to the downside
long with to the downside long with to the downside
long with to the downside all in the same all in the same area
each time price action comes into this area essentially
to glow to skin the right here were holding
were holding a tweezers I bleed in Ames yeah no I don't get too much into the
candlestick names at these things were about what it looks like we're
tweezer bottoms so for me especially after this first one the second one at
the close this
this would be an excellent opportunity to buy CZ ID's the skin and that's the
point that
I guess many people don't come to training still BJ's experience this
this is this is where harp on a lot
this is where that basic announces even if your pattern trader
this is where that basic analysis of farm just knowing how to reprise truck
comes in handy
even if you're not going to trade this way you need to know D skill so you can
you can me
manage targets man it stops your type stuff like that
you may save yourself manicure
looking at this I've got I've got a potential
Abe whose do one more now we're not gonna get here we are are we
let's do one more like film fancy filly filler
fill them with a homer to films on their McPhillips were doing something right
one that another 127 you may see a key on weekends
area right here and I'm seein ABCD pattern completion one the one measure
move I'm seein
structure I'm seein 32 got it to 127 appear
I've got massive I've got essentially structure one CTS
Iran ABC 23 racial influence for
I'm gonna CTS 4 right here I'm pretty sure
there's a good chance that we're gonna see some bearish involvement at that
level would you do
well if you're able to make it work you say I mean
I'm gonna take off partial position at this level arts alas it will give you
guys a look
at really what a um what equity curve looks like I touched on this last week
about the ebbs and flows a vid doing I'm a down week that I had also she looks
like during a good week
and you know again it's its I think the
the mind set out there is that we should hit the home run every time you know we
want to take that one trade that
you know banks us four hundred pips am looking for that
on you know once a month or something like that it really touches the raw
mindset to have I am
week we say this all the time trading is a grind guys
in you know it it's not all about the big winners about those normal size one
as intermediate winners was twenty papers there's
those forty pit trades in in being able to do those consistently
arm and then every once in a while when you do get that big winner
200 pip internet 150 per winner that would put you over the top in I i talked
a lot about
on whenever I i get axed a by
traders I work with a Nokia what should I wish I look for in trading at I say
hey if you can average 3 percent
a month I'm you're doing fine consistently
you know you're consistently getting three percent a month you're doing fine
but
that three percent doesn't have to be every month it can be you know a
a break-even month in January I yield
1 percent February 2 percent margin then
in April you get a big 10 percent month and you give some back from minus six
percent it goes
you know goes a pin down I but you do want to get in and and
typically I'll get about two or three big months a year
and you really gotta take advantage of those if you wanna see those big jumps
in equity index pesci for doing money management you wanna meet those jumps
to NEX love love your money management system but we're going to have to draw
out trade by trade a result we had this week but injuries myself to give you
guys a
just an idea of what r what equity curve looks like
and we started off with some pretty big winners Jason had one for
152 I am I thought I was doing well for
a 132 weren't I saw his RBC some pretty big wins to
to get ourselves off to a nice start and then we gave some mac we have a -68 nan
a plus fifty four dinna -49 and what is it you BC we're just gonna go in
sideways right we're consolidating where
we're giving some back we're not really making any new equity highs arm
but we're not you know we're just you know basically in a sideways channel
wermer
were going nowhere we filed at -49 up with another
plus 51 taken as backup to our previous equity highs and then
we string a couple other small ones together plus 35
plus 25 arm plus 52 which is a good size when you're given us new equity highs
higher higher higher close you guys who're like to relate your equity
your your equity curve to a price chart are we give some back again
retracement -20 and then we just you see mid-size winners
55 pips 48 56
-20 in plus 24 so
aside from the first two winners at the month nothing real special it's you know
we have a big jump in its Connor
give some back make a little bit get some acts slowly trickle up give some
back slowly trickle up
like a nice smoothing trending and this is how you want your equity curved
beetle
you don't wanna see violent mooted upside in violent moved to the downside
especially for going on the money management you wanna conserved at
Capital you what you retracements be shallow in
you just wanna a smooth curve going from the bottom left to the top right
up your chart so gonna always think it's important to show dust-up I don't know
if you guys like it
as much as I do I'll its you know if your
new trading your still trying to figure out how to you know how to spot a a
lower lower lower close on a chart is probably means nothing to you but
for you guys have been trading for a while in any endure your set your system
you're seeing consistent returns then
you know the importance love this stuff
soul I'll debbie is said guys again thank you again for joining me for
another week in review video I mentioned before you can follow me on trading view
um
I'm all over social media in you can like my facebook page you can like her
you know I'm obscene when you to be here Mon Twitter I'm on
something else but farm your social media if you get a chance and
if you like what you see on trading view if you like what I'm bringing over there
and I'm gonna bring about one trader week
it's certainly worth checking out are syndicate I i mention a lot but never
really explain what it is
you're better off going to the link we have you know it's a whole page in is a
video tell you what to expect and what not expect but
a sensually Jason given you a war room meeting every morning where he sharing
his ideas
I'm giving a few videos are
during the night during the evening sharing my ideas is
as well shooting trade opportunities intraday through our desktop software
and again it was a massive week is every week gonna be like this no
if you join a syndicate today should you expect that next week
you should start trading live not knowing how to trade is follow
everything that Jason I say
heck no we're probably gonna hit a draw to draw downs gonna come trust me I just
showed equity curve
retracements gonna come if you start reading lives is that you can follow us
like it's a signal service
you're probably gonna start really live right now drawdown and semi angry email
about how I lied to you about making money in
and what not but I'm warning so it's not my fault but
is definitely worth checking out that program if you an extra set of eyes on
the market in Britain if you're really on the edge of saying hey
arm I'm not quite sure wanna jump in something as deep as a training course
I'm not ready to make that type of investment
in myself I am but a comedy my feet wet just see how these guys
handle themselves day in and day out the market not only on a technical side of
things but
on the emotional and psychological side as well it's a
you know it's fifty dollars a month you United gaining cheaper in at Ford
quality that we deliver
Anderson big changes coming to for you Mac users out there that's going to be a
pretty good we're gonna get it all all on the web where we're
contemplating putting a well amor now willed
talk about that when it's ready but until next time guys planetree
trade your plan do me a favor if you like the video I'm hit that like button
and subscribe share it and
a just a question for I got a few emails about
traders saying they would like to see recorded I'm versions of my live
room many view like the content I bring but you can't be on there on a
consistent basis
if you're 10 traders that would like to %uh
like to see like an everyday recording a best of my live room
I'm do me a favor does leave a comment under this a under this video on YouTube
page a shoot me an email
it's something I'm thinking about doing it
wouldn't be for free I would have to charge you just because it takes a lot
of energy time and effort to produce these videos
arm but it was something that a lot you guys want
on you know I I'll consider possibly maybe
thinking about entertaining that idea cell
I'll see you guys next time I'm have a great weekend
and had good luck in the markets next week models women with
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