okay okay good to see everyone here so we got a mixed range of people we got
some highly educated people in the room as well so that's always good to have in
the room so let's get started here with the topic today is how to trade
breakouts okay how to trade breakouts how many guys have some experience with
trading breakouts yeah some experience yeah I know I know how you forex
lectures people have experienced trading breakouts but let's let's dive straight
into it today okay so just as we begin so the room is
packed it's been packed for like 30 minutes I think for those of you who
couldn't get in I apologize you can watch the recordings or if you're
already watching the recordings I've been noticing it the room gets full
thirty minutes prior so we're working on a new webinar system where you can as
many people as they want can get in it's going to be unlimited attendance okay so
we're going to bump it up to a thousand two thousand people for attendance so
all right let's get started here let's get started here okay so what kind of
breakouts are there what things can break out what what techniques can break
out okay news range support resistance
okay candle patterns supply and demand okay very similar to support resistance
but okay supply and demand and fib levels okay now if we are looking at
this list for looking at this list isn't that practically everything in the
market
that's practically the whole market like oh so basically trading a breakout is
not a specific thing breakouts is a specific style okay there is no oh this
time we're gonna do something else and that time we're gonna do breakouts know
you can do a breakout at any time it depends how you are you targeted and how
you approach it okay so breakouts let's start from the
very beginning and we'll start from there okay now the news
breakout there are the most deadliest ones and the most dangerous ones okay
because the news breakouts can whips off okay does that does that make sense how
many of you guys here trade news breakouts twice me okay okay
too dangerous and never again okay good good good good okay and trading a
breakout for the sake of a breakout is simply telling the market you are
unaware which direction and Mark is gonna go give me something and I'll
trade that way okay and then a million strategies around it have been developed
but no understanding of what a breakout really is so we're gonna go into that
deep today okay we're gonna go deep into that we're going to uncover that myth
and everything we're all this trading strategies out there that's like a whole
breakout strategy is just useless because this my friends is a breakout
right when the markets go above this line everyone is hitting a buy okay
everyone's hitting a Buy and what happens to their bodies
they get killed right they get killed so when you when you look at situations
like this all breakouts and stuff like that can be very dangerous now take a
look at this one that's a breakout right so let's go through all the breakout
strategies that you can think of we r gonna go one by one okay
breakout strategy number one if it breaks below hit the cell that guy loses
breakout strategy number two if it breaks below let it pull back and hold
below that same support resistance and then you hit the cell okay here's the
cell afterwards there meander meander meander stop-loss okay and then we're
looking at a whole bunch of things like oh well if you have a breakout put your
stop-loss up on this this this area up here and that's when we say go home okay
that's when we say go because if you're trading with the stop-loss that big
what's the point right which time frame is this let me open this up here this is
on the 15-minute chart that I'm looking at here yeah you guys can see it on the
left now here zero USD on the 15 minute time frame
okay ranges ranges can everyone tell me that this is a range is this true is
that a range yeah okay what if I do this okay you guys see that
market there now at that point did you know it was arranged no would you know
to sell once the market gets up to this area no okay
but what happens when the range develops at what point do you notice the range is
developing okay let's move this forward move this forward
market gets up to here very very strong we're still unaware there's a range
situation here okay Lina's no higher highs no lower lows excellent excellent
but we need that data first to say it's a range we can't just declare it a range
yet right yeah for touches basically excellent figure Philip and Eddie okay
and then the market comes back down and right around the base it starts to react
now take a look at this first one here when this green candle shows up where my
arrow is the can everyone hear me just fine yeah okay
so let's keep let's keep going okay at this point where the green candle just
pops right up really really strong there wouldn't that person be like hmm the
range is right there that's the range and then a buy might be hit right there
thinking that we're on the fourth touch I can see there was no higher high I can
see the markets struggling to come down to make a lower low and then that green
candle comes and I'm like yes it's a my what happens to that body
okay the buyer gets the bike it's cut right gets topped up stop down yeah all
right then the market proceeds to go long and long and long the whole thing
has left now you're sitting there waiting for a breakout but no breakout
to understand at what point do I get in at what point can I get in and how do I
trade this range thing if there is a range how do I trade it you know because
once I get this fourth point down here then my mind is stuck to arrange and I'm
expecting to sell from here because that's the fifth touch so if that's the
fifth touch I'm looking at selling that thing well what happens to that sell
also out too late right so understanding the market like I always teach you guys
in all my webinars is reading the market is where it all makes a difference okay
and then you can incorporate the secondary stuff is what's your edge your
edge meaning are you a trend pullback trader or your range trader are you a
breakout trader and all that stuff okay so we're just identifying the scenarios
right now once we identify them then we're going to go into what and the
house in a bit okay so can anyone relate to this you guys can all relate to this
that there is uncertainty in figuring out when the right moment is right okay
so let's move further let's move further
let's open this up more okay now let's dig deeper into this now first of all
understanding logic of support occurs resistance let's go into that do you
guys were here last webinar put a 1
okay we went through supporter equals resistance last webinar okay and for
those of you who do not know it most likely if you're watching this recording
there will be a link somewhere showing up on the recording or it's going to be
in the description all right okay take a look at this one right here if I draw
this as my support is that correct
no because that's not the place where the market held yeah that's not the
place where the market held take a look at this price right here where the
market kept coming down to moving away from down to probed out and held on the
upper side of it which means this is just a tail it looks like a candle got
through but it didn't on a higher time frame it would look like this
but if I go down to a lower timeframe I'll see all of these tails filled up
like a candle is that correct you guys you guys understand that logic it's
exactly what you see right here this right here is nothing but a tail but on
this time frame it looks like there's two candles that got out clear so keep
an eye out for these things because we're gonna use these things as a
understanding of what is going on all right so if I put my line back to where
it's supposed to be and I say okay well I didn't make a higher high okay okay
I'm gonna go through it one more time it looks like there was some confusion
there when the market goes through your support resistance but comes right back
that down there is just a tail if you go up a higher time frame it looks like
this you see these tails if you see these
tails how would you draw your support would you draw your support here the
price is holding here or would you draw your support here Oh price is holding
here if you draw it down here what's going to happen is you don't see that
price got rejected and resumed from this area this is a rejection area price
keeps getting knocked back that means this price is not wanted if I go to a
lower time frame on the five-minute or the one-minute this this tail that you
see is going to be full of candles but in reality nothing happened there the
market went there and came right back
make sense
all right so Chris there's a question so on minor support resistance putting down
two lines four areas are unnecessary yes for minor ones that's correct
okay so keeping a close eye on how quickly the market went out and came
back like this take a look at this one that is your resistance right there the
price went above but he came right back down quickly
that's your resistance okay it's not up here okay so you'll get the hang of when
you play around like this you get the hang of seeing the higher time frame and
the lower time from all in one picture it's like seeing the universe above and
below on one screen okay so moving back to moving back to this area here so we
got a resistance up here holding and then we got our support or like it's not
here it's here I'm going to extend this out so I'm gonna extend this out using
dick DeRay so I have an idea in case I don't see the future and it gets
extended out all the way to the right so I use the Ray to extend it out and then
the price starts coming down and down and down and down not at what point do I
start thinking that this could be a range when I have this when I have that
when I have this is it at that point I start thinking okay we got three no
higher highs no lower lows and for some reason this price keeps respecting this
resistance again and again and again because it moved away from this
resistance but this time is coming in for the fourth touch and we're like what
if this support or previous resistance reactivates okay so instead of putting
our focus on in trading the breakout here which is getting into the game very
very very very very late we need to put all of our attention and putting a
little bit of homework and focusing on grabbing the move does that make sense
let me restart the audio maybe it looks like it's going in and out for many of
you guys alright is that better
okay yeah it may cut a little bit sometimes just bear with me if there's
something you want me to repeat just let me know okay so the market then pulls
back and pulls back and pulls back and as we discussed in some of the previous
webinars is when the markets are pulling back like that that's a hint because
you're comparing this downtrend to the previous uptrend how's the downtrend
compared to this uptrend here slow right so if it's slow weak and choppy our
slower okay good now let's let's still take a step back
and think how is this uptrend compared to the downtrend here how's that uptrend
strong okay and then how is this uptrend here yeah strong and also fast that's
correct it's also strong right but now answer this question if it's also strong
why did he not break this resistance
that means someone up there is knocking it down not enough force yeah some some
price up there there's silks yeah exactly they're still sellers up there
they're still waiting to hit the market back down so when you see the stuff
coming down you can see it's weak but you're like well it's got three touches
it didn't make a higher high that means sellers have some power you can't expect
it to hit it Midway but you might want to wait for it to get to the edge okay
but while waiting for the edge you're looking for at what point do the sellers
die at what point to the sellers dive so here is a sell the first we're going to
go through piece by piece look look at it very carefully here's the first
seller and then the green candles come in to retrace how much retracement 50%
okay then the next sellers come in how much retracement 70% okay is 70 percent
100% no 70 is 70 that means sellers are still there hang
in there then the sellers come in down to here and then we get a retracement
what kind of retracement is that fifty percent okay then the sellers try again
so notice what happened from before from 70 percent retracement to now 50 percent
retracement what does that tell you about the sellers
they're dying no there's the opposite they went from 70 percent retracement
down to 50 percent retracement they're gaining momentum they're building up our
look at the previous seller's movement that little and the retracement very
deep look at the next movement from there all the way down to here and then
like a 30 percent or 25 percent retracement there or 40 percent outs
actually so they're gaining momentum now it still doesn't mean they've covered
everything yet they're still running now now that they're running let's not
forget the story what happened here what happened here what is that red candle
that came out and then it got smacked back yeah it's called a probe a fake out
right this tells you just like we did the prejudiced nests up here saying that
okay I got the idea that I know the buyers are strong but something up here
knocks it down I get that the buyers are strong and something up here or
something whenever the sellers come here gets knocked back well if the sellers
are in control we want to see if that something is alive so as this comes to
here what happens here when this last seller comes in and then that big green
candle comes
buyers are coming yeah buyers wake up they're alive now those
are the first traders the first traders get stopped out because the only thing
to make money in this world is patience without patience is just lost in every
aspects of life from money to relationships to even spirituality
without patience it is just a loss okay first traders get in there get crucified
okay what happens after the first traders get in the reaction comes back
what happens to this what happens to this seller how far does he get okay how
far does he get yeah he gets now this is a 15 minute candle let's say that candle
opened up and it's eight minutes into the candle wouldn't this be a full red
bar do you guys agree or not you didn't let the candle close only
eight minutes into it it's a full red bar and now in the full red bar all the
breakout traders are like bloody hell sell this sell it without understanding
what is actually happening is that right how many of you guys have have felt in
that trap I've been screwed over by these big boys by you know moving them
markets like this right it happens to a lot of us it used to happen to me all
the time I used to get sucked in I was like man I must have really bad luck man
I keep getting stopped out and I know it's a long because every time I look at
the market 10 hours later like dude it went up why did I get stopped out yeah
so just imagine if you if you know this knowledge now and going forward into
training you know going into the next week or the next month if you're doing
trading like this and you have an idea of I know what they're trying to do
imagine how your trading will be different imagine how much less losses
will you have and how much more profit can you gain knowing this information
because now you don't have to wait for your trade up here but in fact you're
waiting for it down here with a better entry better exit because you're in much
earlier and you get to see am I going to break through this if I don't pull at
that stage I'm going to move my stop losses to zero and I will figure it out
at that point once I see the market reaction the same way that I did
going downtrend I will do the same way going up trend yeah everyone with me
who's with me
yeah just checking if anyone's sleeping ok so there's four people not sleeping
okay good good good they are all there all right so when you see this when you
see the spike out happening okay how can you tell there when there are going to
be additional reaction okay so the first signs are something like this when you
see buyer stepping back in you always need a test you always need a test okay
now there are times when the market will just run away if the market just runs
away there's not much you can do like for example here let's say you're
waiting for a hundred percent retracement but the hundred percent
retracement never happens but you see a probe happen and the mark is holding
next to the probe that is also assigned to hit okay all right so when this
happened is a hundred percent retracement following one hundred
percent retracement we're like okay we're aware of this area but we're aware
that the sellers were dominant earlier and this area reacts once this area
reacts you're waiting for the last push down that holds once the last push down
tries to break below think in your brain in this way that someone is selling at
this stage someone is selling without the idea that the buyers are very very
strong someone is selling without doing the research that look at this buyer
someone is selling with the idea without doing the research that look at this
buyer someone is selling without the idea that this price down here is a
hardcore reaction price and when that person that someone sells and they get a
stop out it's time to trade because you were patient you entered second and when
you enter after all the mistakes have happened then you get to ride the
profits
okay
there's no v-formation for a cell cell from where Lina's Surya Kanta how long
to wait if you're in the bye you mean how long do you want to wait well once
you're in the trade you're going to have to write it all the way to the top of
the range is where you make your next decision on the top of the range okay
look how strong the green candles are afterwards once the green candles are
very very strong you know your buyer is back but the buyer keeps getting smacked
down again and again again so you are watching this area very carefully and at
this point you do your money management you either close half of your trade or
you close half and move your stop-loss to zero and you take a risk with the
other half to do a possibility of all of this
right so just a little bit of knowledge will will keep you away from buying up
here and it will keep you away from a loss of selling down here does that make
sense this is a very common problem everyone who comes to forex watchers get
stuck in this little vibe of just getting trapped into selling trapped
into buying or buying very very late or selling very very late yeah
okay this time of day also important especially for fake breakouts parish no
no the time of day will automatically fit in if there is a range and
everything and there's a breakout of happening the breakouts happening
because the markets are active so generally you're going to be in a hot
session when the breakout happens okay Chris sayers I'm concerned about the
fourth touch how can you tell when all tests will end and we'll go along okay
so how many you guys have a similar question to that where we you guys want
to recap this area again the fourth area okay we're going to go through the
fourth area very in detail again and we're gonna I'm going to change the
language a bit so it can make a little bit more sense all right I want you guys
to think as once three touches happen right here's touch number one sorry
here's touch number one did you do hairs touch number I'm just gonna circle it
here's touch number two here's touch number three right up until here you
guys are all with me and I think you guys all got that it's a simple three
touches no higher highs and one low okay now the fourth touch is coming in you're
thinking that you need to buy soon as it gets down to there forget to buy I want
you to start thinking like a seller just forget to buy think like a seller so
you're this big seller top dog from up here you started this game right there
you're like let's do this come on boys let's sell the sell kicks off sell kicks
off and you get a reaction back from the buyers you're like ah damn you buyers
sell kicks off again buyers react again at this stage you're starting to be like
well what's wrong with myself why isn't it going you're starting to worry that
my cell is not gonna make it but then this happens he goes down further and
then once he goes down further what's in your mind for that cell if he goes down
further what are you thinking as a seller
yes still going keep it it's gonna go forever the seller has not quit because
now he's just got that little drug of hold it hold it hold it what happens
afterwards he retraces a bit 40% he's not worried he is holding it because his
mind is trained to hold it now because he just got the whiff of winning goes
down further reacts he's like huh it's taken some time goes down a little bit
more no lower low a full reaction okay now flow reaction he's now thinking
should I exit this what's going on
remember just like the winning traders have to trade second the losing trader
does not give up his trade until he actually loses will you guys remember
that sentence the same way a losing trader will not lose his trade until he
actually starts to lose okay so when this bikes comes in right here
he still feels he's a winner he still feels he's a winner it hasn't gone much
but when the cell comes down again and he gets down to this far and he's
rejoicing like oh hell yeah we're breaking out we're gonna make new lows
it snaps back up really hard that's gonna get him concerned when it comes
down again no lows again now this is the third fourth time no lows and it snaps
back up up to there at this point he's going to get rid of his position so any
trades that you activate as a buy in this circle of reference gets you in a
winning state of mentality because the trades gonna go the sellers are looking
to quit so to be a buyer you must get in the mindset of a seller and find out
when is he gonna give up and throw in the white towel
does that make sense so put yourself in the situation as a seller and think
psychologically at what point will I still hold on at what point was I still
hold on at what point will I still hold on and at what point will I quit okay
and don't forget people are stubborn if they're in a cell they're going to hold
that cell for a bit they're stubborn so you have to wait for that secondary push
down okay so hopefully that explains the fourth touch
all right and then the buyers come in and then they take the market long and
we're not going to go into how do you learn how to hold on and stuff like that
so we're going to discuss that and probably another webinar or her or any
webinar discussion like that so now what we're gonna do is we're gonna change the
breakout in a different way now this time I'm gonna test you guys it's going
to be a little bit more difficult but I'm going to test you guys to see how
far did you guys pick up this stuff yeah you guys ready to get ready to do a
little exercise yeah okay so let's do this breakouts can also happen from
trend lines right would you guys agree that this is a trend line here if I draw
it like that
okay so if I draw my trendline like that or like that to be precise my breakouts
start happening here okay my breakout starts happening here so
let's work through this can I just hit the bye right then when the breakout
happens no right so now you guys know you can't you can't just immediately
enter but even if you wait for the retest the retest can still spike down
or even make a whole new downtrend okay what if I do this just to make things a
little bit more difficult you know the more difficult things are the more you
guys will think so that's good here I'm gonna make the trendline hardcore
like that that's a trendline if you don't see that's a trendline but let me
do this this is what day is this 923 right do you guys think that's an
aggressive trendline that's too strong
it's too strong right the trendline okay let me do this now watch carefully what
if I go down what day is this again 923 let me go down to the five minutes I'm
gonna go to how do you change the date command G no where's the date okay
anyways go to date 23rd okay we're here now does this look an aggressive
trendline or does this look like a normal trend line
there you go there you go so what is aggressive to you might not mean
aggressive to somebody else remember that what you see is not the final
answer okay so there is someone trading that breakout yeah so a time frame it's
not this time frame it also depends on person's perception it's one person's
perception against the next person's perception that's why trading is just so
random like that it's just what I see doesn't necessarily mean what is true
but the only way to trade in a absolute perfect way is to get in the rhythm of
what's happening what's happening what's happening okay so let's just look at
this okay so would you say this trend line is drawn like pretty much
accurately like that and the breakouts start getting poked in this area like
they're just starting to mess with it right there okay so who wants to
practice this one who wants to give this a shot I need ten ten volunteers at
least is a is a conference room still running yeah okay and okay actually we
can make it as many of you guys want to to practice this we're going to start
from the top and you guys will just type it in and what you see and we're going
to go piece by piece okay and the more you verbalize or you and if you're at
home you don't wanna type you want to say this out loud saying it out loud
will actually help you understand the situation much better speak it out speak
it out verbalize it okay so what's the question will will go who's go into the
question right now we're gonna find out if this breakout trade is a trade to be
traded okay so we're going to learn how to look at the trendline and we don't
just see a trend line broke let's buy buy buy buy buy we're going to
understand should I be buying this to begin with right cuz in breakout
terminology that's a buy and of story because they're very technical
there one two three execute one two three execute but one two three execute
also means one two three execution you're dead you need to do a little bit
more homework okay so let's do it let's do that homework together
so I'm going to show you how easy it is if you if you work on it together with
everybody all right so let's start from the top markets are going down okay what
do you guys when it goes down how do you see the retracement of the sellers think
you're a seller you're that seller all ten of you guys who are volunteering
you're that seller okay fast house retracement 50% are you confident and
holding your position yes or no yes you're still confident markets move down
makes a bit of a lower low but it comes right back looking at the way the green
candles are coming right back are you confident to hold your position yes or
no yes you guys are still sellers you get all the way down to here and then
you got a retracement are you confidence now and tell me if your confidence just
increased or not more confident and then the price gets all the way down to here
and then it retraces tell me about your confidence now
still confident still there and now the breakout happened do you think that
seller quit
so those of you who trade this breakout for a buy will this trade work now this
was destined to fail to begin with okay so does everyone start to understand
that breakouts are a fantastic thing to trade but it's a style of trading it is
not an understanding of the market yeah
okay so if we say sellers probably not trading on the five-minute chart and
higher timeframe buyers won't look as so strong whatever timeframe you look at
the sauce the story still remains the same this is all the receipts of
everyone who's sold into this transaction this is a receipt it's
historical proof of what has happened
right its transaction is a receipt each candle is a receipt okay seller has lots
of pips in pocket so they wait for some time for sure yeah you gotta think and
they're and they're aggressive too right they're not looking to to get rid of
this position anytime soon they have to be in a loss a little bit and then
they're gonna be like oh my god oh my god let me hold it for a little bit
longer then they quit they don't quit at the first sign of a loss yeah
the seller are still dominating so once the seller's still dominate what's the
right way to look at a breakout now for a sell side or the buy side if I'm still
on this chart and I see sellers are still country in control which breakout
do I want to work with there you go there you go you guys are picking up
quick look at this I'm more interested in finding out when is this sucker gonna
break is that correct
that's where the real money is because now I figured out the answer and now my
answer is flip sided and it's saying okay let whoever wants to buy buy it I'm
gonna take their money afterwards I'm gonna give them to give them their turn
it's okay let them go first I'll be patient and I'll wait for my turn
okay is everyone with me so far no heed all I said was knowing that the sellers
are still strong I'm gonna look to see when the buyers quit so I can resume the
strong strong sell okay so as this brick this uptrend is resuming those okay ten
volunteers again to look at this and those of you who are not like feeling
like typing say it out loud behind your screen talk it out walk with me what's
going on with this uptrend you're that buyer what happens when this buy pulls
back like that fifty percent are you still confident
okay still confident market moves a little bit higher but the retracement
doesn't show any signs are you still confident then then you see a massive
red candle coming out this low but then he you're like oh my god oh my god oh my
god still holding but oh my god oh my god oh
my god but then the candle closes green are you still holding
you're still at it then the market pushes up a little bit again no highs
are you still holding yeah you get a relief when when you saw that big wick
on the bottom a big tail sorry you're still holding and then the market pulls
back here it's a hundred percent pullback from the previous one but it's
still an overall very strong up at this point you're like oh my god the sellers
a little bit strong but when you still hold
yeah you guys review if you want to sell you have to be the buyer you got to
think like that that's probably like the quickest hack I get my my traders to do
you want to sell things like a buyer
okay yeah chan very good but the hundred percent pullback is creating panic
already yeah it's not just a panic of a the pullback that's so deep it's the
speed that it came down it took you so long to get up here but then so quickly
you saw that when you were in profit of seven thousand dollars it suddenly
became six thousand in one three Katan in three little candles
immediately it took away a thousand dollars extra and you're like alright at
least go back to seven thousand at least go back to seven thousand right isn't
that what most traders think they're they're like forget the chart let me go
back to the same number I was at yeah let's go back to the same number and
I'll close I promise I'll close it at that number they start bargaining with
life so this is very very common they just start looking at that number I want
to go back to that number at least so it's very psychological yeah and we've
all done I've done it too I used to do that a lot I used to do it all the time
and that really messes you up because you're not looking at the chart you're
just looking at your account balance
yeah there you go there you go so okay so what happens to that seller
once that seller gets crushed here the the seller comes in and the buyer is
starting to panic and he starts to go up again what's happening to that to that
buyer is he still there he's still holding as I go yeah they're still hope
they're still hope and then this happens
it's like oh my god oh my god oh my god yeah loss possibly coming down to a stop
loss if they've moved their stop-loss higher it's coming there they're looking
at this area like I'm gonna die I'm gonna die I'm gonna die and they start
executing all sorts of closings either here sorry wrong wrong one either here
the panic clothes here panic clothes here panic clothes or if there's a
bargaining type of people come on come on go back to this price and I'll close
it come on come on come on they start becoming cheerleaders the pom-poms come
out like come on baby we're going back okay so there's two
types one is fear fearful the other type is greedy all right
so and then you see your sports team go back to profit and you're like yeah
we're getting up there again and you're now looking to possibly exit now when do
you exit when the green candle is this high when the green candle is that high
are you exiting but what happens when you see that green candle and it makes a
new high no one exits no one exits at that point
you got another exactly you got another hope you like you know what I'm gonna
make a lot of money from this I'm just gonna hold fun but the moment you see
that red candle right after it slammed down like boom you're like okay okay
okay sorry and you close it this is the point of the psychological process of
that seller of that buyer sorry and you're like okay screw this and then you
go rejoice or whatever you have to do because you have some profit what
happens to all those breakout sellers what happens to them it almost looks
like the trade just went up to stop them out to them that's what it looks like I
got stopped haunted damn effing broker they're always after me and then
let me just email Navin and ask him what broker he uses I'm sure you guys
like 30 emails a day I get about brokers so this happens quite often yeah it
happens a lot it happens a lot so because this is a common problem it's a
common problem so so all the breakout traders are looking to sell at this
stage because they're not selling anywhere up here they're not
anticipating the cell they're settling after the cell starts to happen so
they're selling very very late and then any point that it goes up it's a stop
loss so that's one thing the next thing is those of you who notice this the
thing that gave the buyers hope is an important price to remember because now
did you guys notice no higher high no higher high no higher high did you guys
also notice no lower low no lower low no lower low and a probe that low never
happened but in this process when you read the entire story from this range
you know exactly around this stage here you can execute your cells because you
know Big Daddy those 10 people in this conference room still have the money to
sell they're ready to go and the buyers just quit it's our turn it's our time
we're going to make it
yeah again and Krista that's absolutely perfect when you don't have money on the
line all this you can observe when you have money on the line the moment you
open a trade in a buy for example you don't see anything but a buy if you open
a sell you don't see anything but a sell your mind goes blank because that's what
happen when a trade runs you need to you guys need to practice dealing with that
meditation is very good for stuff like that
learning to step away from the screen and taking a break talking with people
and discussing all the stuff and be like okay how do I deal with this getting in
a community to deal with stuff like that you can't just fix it just by thinking
about it you have to talk about it you have to you know deal with your fellow
traders who have the same problem you have to talk to people who've gone
through it already and be like how did you do it what is your hack and then see
if it works for you if it doesn't reach out to another person what did you do
let me see what what had what works for you let me try that
isn't that right isn't that why a lot of you guys are here at my webinar you want
to see like okay let's see what he has to teach let me see if it's useful for
me the brain is constantly looking for information and when you find good
information you're like I can use that so learning is not necessarily a bad
thing right so how many guys feel you guys learn something here today
yeah and how many you guys at this point are gonna promise me that going forward
you guys will make the changes necessary to not be that first person to get
trapped say I promise
yeah do not get stuck into this do not get stuck into this you know sudden
movement and impulse thinking alright alright guys so today we're gonna we
going to wrap it up now and those of you guys who have already received emails
for Forex watchers it's the end of the month we have opened up some memberships
there was an early bird special I think that went out yesterday and those of you
who could not join there is the discount today going out for 25% now we don't
have the early bird going coming in anymore at 35% now it's available for
25% so first-come first-serve and I look forward to seeing all of you
guys in there remember if you guys think I made a change for you guys in this one
webinar here imagine what a community full of traders like this can do for you
so looking forward to seeing many of you guys at forex watchers this will be on
YouTube this will be on YouTube so look out for the emails for recordings look
up for the emails for the coupon to join Forex watchers as well thank you all for
being here until next time I will see you guys in a few weeks I will be in
Japan next month for those of you who were in San Diego and send an email I'm
sorry I couldn't meet you guys was very busy in San Diego but Japan I have
started to receive some emails if there's more let me know we will meet
take care guys have a good one bye for now