to this tutorial I'll be making it was only mainly gonna be about to meet with reversals swing trading is for better and experienced traders if you still a beginner you start here we start with the 15 minute chart and on this episode we're gonna be looking at the
Australian dollar and the United States dollar we're going to be looking at the weekly cycle we're going to be looking at ways on how to improve your trees how to take more quality trades so please stay tuned until the end of the video and then as much as
you can so first off this is how I'll begin the week on Monday Mondays and Tuesdays I pay attention to a lot of charge I check a lot of page so that I always know which pace supposed to go which direction obviously with the aid of a big
timeframe with David child or weekly chart a 4-hour chart you understand so I'm always directed by the bigger timeframes but we'll get into the bigger tantrums in the next coming videos for now we're going to be focused on the 15-minute chart say that now you know which direction
a child is supposed to take now you wait for the right time to buy or sell there whichever period is you wait for specific time to sell it or buy it you don't just buy acquisition a market is going their direction understand that to be certain factors they
confirm for you but first off you gotta be aware of a lot of charts a lot of pace write them down and then pick the best ones that I wanna be doing what you want to happen on the day that you want it to happen if it does
there if it gives you everything that you want to see then you take the trade if it doesn't didn't leave it even if I go in the direction you are predicting you just leave it because it didn't communicate to you how you pull how you communicate with the
chart so that means you gotta go through a lot of charts so that you can pick the pace the best way to do that is write them down because if you don't write them down you're just gonna go and take impulsive moves when you see something's about to
go down you take it you don't know there's something actually better else wait so when you write them down you always go to the child a tree joint and down and then you check the charge they do as opposed to check on times the Jew is supposed to
check them on days that you are supposed to check them so now we're gonna go to the rough sketch of the weekly cycle before the market takes a certain direction see going up or down on a long-term basis then a time the market is gonna reverse when you
know your visits to hives or these extreme lows you know the market is gonna be first you see these petals in the step but now we focused on the 15-minute shot and we focused on the weekly cycle midweek reversals are very important if you can spot them you
can always milk milk with reversals and hold them until Friday's because they'll try to move from Wednesday or Thursday to Friday don't trade on Mondays don't trade on Tuesday's trade on Wednesdays trade on Thursdays of the charts give you what you want when if the session change over
on chip on Wednesday or Thursday and take the chain to minimize the risk to improve the quality of your trades so save on Friday the market is up and in the market Falls for the whole of them day but you know that the direction of the market is
really going down on Friday goes down on Sunday is this year open here the market maker comes here on a Monday as a consolidation don't sell on Monday this one money selling more money doesn't work cuz this usually happens the market war job would be to choose me
and then on Wednesdays the market might just go extreme and create the higher of the week so you don't trade on Mondays you want you choose this you wanna sell on Tuesday if it's a wet day and it happens to be a half past nine half or three
and the market happens to be here then you kill you kill the market meter you don't play you kill but you wait for the right time to shoot you short and then the market will go your direction and then when it's Friday you take your profits and then
next week you come back stronger you spot these trades you keep doing the same thing over and over and over and over at least you have to do this thing over and over and over repetition is the mother of all skill repetition is the mother of all skill
so you gotta be doing this every time money do your taste that your things be organized put your nose down so what we have here is the Charter was chaired this week based on the rules that we follow in this job is the Australian dollar the United States
dollar I bought this on a Wednesday if you look at this you're gonna see what I was showing you on the rough sketch of the weekly cycle this is a weekly cycle on a real chart go look at the page look where it is now and keep record
of it watch how it goes but anyway let's get to the business this was Wednesday so that means this is Thursday so it's Wednesday Tuesday and mind me there's the previous Friday those are the previous tasty but anyway we're gonna pick me pay attention to this so you
see this was Friday you could have bought this last week and then the market came up till this high on Friday this one's in take your profits and leave on Friday if you are not experienced if you are not a swing trader you have not yet mastered this
part you don't trade until the next week you take your profits on Fridays and then next week you come back and take the same trade you see it came and did the same thing on Wednesday this was Thursday I said trade on thursdays and wasted so that means
this week if you had trading on thursday i hope you can see over here if you're trading on thursday bought this on thursday and what it came until friday i've said this and then you take your profit next week you wait until wednesday session change over on those
times when we are maintaining a serious role which is also last week's low then you buy this looks good you understand so the market came from here on monday say you had bought over here on monday this is why buy more money doesn't work cuz you bought on
monday you store profits until tuesdays you try to hold this thing until friday challenge it for the whole week another market reverses maybe you put your stop-loss somewhere over here now your stop god here that is it's Tuesday and if you are greedy like damn I he's gonna
call my direction let me just buy again and then you buy again acting all impulsively on Wednesday he drops again by the time he drops on Wednesday you're really tired you've already exhausted your trading account now you don't have as much margin as you could have had if
you have maintained the discipline of the game and wait until Wednesday could you see what my stop-loss is I saw the market maker maintained a slow first purpose is the law of the week it's the law of the week it's also the law the law for last week
so the market maker consolidates he on a waist day he drops to this he comes back with the railroad and then now he comes back and does something that imitates the W as you can see here so W I can just put my stop here you see how
low my risk is my risk is really low for my reward is high because now look how many pips I've begged only until Thursday compared to how many pips are cooler blast if my stop was here so you place your stop loss accordingly but you wait for the
right day because if you traded here and you put your stop loss according me and what I got here if you cheated here put your stop-loss I couldn't make could a guy here but always be it looks good and then when we come to the other screen over
here there's another screenshot of the same it's also a 15-minute chart this is the aud/usd this low is the low from wednesday that chart that I just showed you previously only went through here you can see over here it only goes up till this point this is Thursday
now we are on Friday so the market really went up on Thursday from Wednesday Thursday until Friday now we back the pips we secured the back not a family can eat now can buy on some new car now I can buy myself some new kids any stain is
how you maintain me game that's how you do you guys thank you so much for tuning in on today's episode
