LIVE FOREX ANALYSIS – My Forex Trading Setup When The Markets Open

hey everyone Israel here welcometo today's live stream where we basically are going to be getting you setup for the week to comein regards to the trading week in regards to when the market opens so ifthis is the first time here on a live stream on one of our videosmy name is Israel and what we basically do here is we focus on helping you makeforex profits so in today's video you should cut you should be able to see myscreen where you can see my charts we're gonna basically break down more putdifferent charts as we do customarily here on the weekend and we're basicallygonna put you in the best position to actually make money trading the forexmarkets so if you're not talking about any printer in the video make sure yousubscribe to the channel so you can get updated every single time we producelive streams and videos to help you actually make money trading the forexmarkets so as it's the custom what we do on the weekend for those ofyou who are new for those you have haven't been on a live stream beforewith us what we basically do on the weekend is we do something reallysignificant we basically look at the markets we want to trade trim the weekas soon as the market opens pretty much in about five six hours and then webasically analyze the markets step by step while the markets actually closedwe do that for a specific reason because we want to make sure we're doing thesedecisions we're doing our analysis when the market is closed and there's noemotion the market isn't moving up and down making us second-guess ourselves orforgets ourselves or fourth guess our sauce or anything like that we basicallydo it now so we can look at the charts and logically we can say okay what do wethink the markets going to do and a normally during the week we basicallytry and execute or we basically plant today right nownow generally what happens on all you can do is you want to take a little bitof a break that's generally what happens the dayafter the market closes go away from the charts now we get into okay cool let'slook at what we thought about what we try to do last week how did it pan outhow did it not pan out etc how are we gonna basically make changes littlemicro changes to the trading going forward and one order to put ourselvesin the best position to actually be successful so what you can see herelet's jump into the charts we can see the euro yen this is the first consolewe're going to talk about and it has a lot of causality based on some of theprevious live streams we've actually done I've takenyou put in last weekend's live stream and multiple live streams from last weekbecause we talked about the urine consecutively in multiple days acrossthe week and it was powerful to see what we talked about last weekend and thenbasically seeing how we could have executed through the week and how youcould have executed through the week as well based on what we did on the weekendso the reason that's important is because you can watch those live streamsafter this live stream to give you additional context to help you actuallyunderstand how to mark this were actually moving how you can actuallykind of time the market so to speak and actually get ahead and how basicallywhat we're doing today is basically gonna be the same thing we're gonna bedoing a weekend sister uh salsa for the week so next weekend God willing we'llbe in the same position look at last week's live stream you can say hey whatdid we plan our what did we thought was going to happen how did that ID happenet cetera so we'll talk about that as well as live stream today in thedescription box okay so we're looking at the euro yen here first and foremost aswell you can do this before you can do this after one thing I definitelyrecommend you do is you should be able to see it quickly this is the economiccalendar that you should be looking at as well as the charts on the weekend andall your basic doing in the scenario is you're looking at all the differentschedule data and that's actually planned to come out on the market forthe week this doesn't guarantee that this is the only information on themarket there actually is more on the markets as well that may be unscheduledbut as it stands these are the pieces of information here and you want to reallyfocus if anything okay if just only focus on one thing focus on thered-colored economic pieces of information therebecause there will definitely benefit you in regards to maybe entering a tradeor might be exiting a trade or maybe just your Anna's your analysis of themarket as a whole okay so just bear in mind you alwayswant to make sure you look at this this is for a trap to calm any broker youpretty much have desperate of at least disappoint you will have a basiceconomic calendar if you want to know about rocks brokers we've got a video inthe description box you could after our last dream about how to find thebasically the best Fox brokers let's jump into the charts the charts wereusing our trade view trade for you charts basically there's a link you canget a free trial in the description box for this is that same chart I use iffree Tron is a paid version if you want as well okay but a free version is morethan enough okay in in pretty much most cases now looking at your yen here andwe've said we've said all this to say we're now looking at what we want themarket to do what would not no war no matter what we expect the market to donext week okay this coming week this week which starts today on a Sun on aSunday right first day of the week now this yellow area that is on the screenfor those who don't know if you're new wasn't with us on a previous livestreamthis high this area here okay I see the yellow box star basically is circlingnow okay this was an area this was the lastpotential opportunity that we pinpointed last week in regards to the live streamsagain the links are in description box which was after and what we're basicallydoing in that scenario was basically Highland okay looklast week we anticipated that the euro yen is what's gonna move downwards okaythis is what our analysis last weekend kind of showed us and we said okay coolif the market moves down then we are gonna be looking for sell positions thisright here was the last opportunity to basically so I believe the stream beforelast we talked about this potential area here as a potential area where you couldhave sold and then I think as June one live stream maybe been the same livestream was talking about the area again basically about what his price gonna dois priced gonna push up something like that along those lines go back horse alive stream go after this live stream and it's not a surprise that price onemore time and even a second time came back into this area and pushed downagain now we took a lot last week and even in the week before that in regardsto entries how to basically enter the market again go back how much the livestreams on the channel after this live stream because it would give you more insize but the point is this is all things we ascertained before it happenedokay and I will showing you as well in those scenarios what to do in real timeif you miss any of these opportunities this is why I'm back over the last lifedesert in viral and should say we consider it after this livestream todayokay so this area so far held now what we do most of the time because you cansee here this is a 15-minute chart we're basically looking at right now okay andthe fact of the matter is what we generally do is we don't start here on a15 minute okay what we generally do is we basically go to a higher time frameand we say what do we expect the market to do this is where everything startsfor us so we'll go to a higher time frame for example like a four hour andyou can see okay this is a good example we had this area on at the area wetalked about price dancing from and what price bounced off this region we talkedabout this potential opportunity as a trade and multiple different places wetalked about I believe it was here as a potential trade opportunity again all inthe last race previously talked about this last week we had I believe thisarea right here these two yellow boxes we had them on as potential areas thatFrance is going to solve from price went into this region and basically startedthe sell-off okay so it's just important for you to understand if you're watchingthis and you're thinking okay a lot of these things look convenient like theseare things we're actually doing in real time and as you watch more of our livestreams and actually as you join us on the live stream to actively you'll seethat what basically happens is we're just making a decision we from themarket is gonna for example move down from here and we'll just wait and see ifprice comes into this region and pushes back down then I'll pat myself on theback and say you know okay cool I've got this one right but the fact ofthe matter is price could come into this region and go right through but the factof the matter is you have to be willing to be wrong in order to be willing inorder to be right basically okay there's no what you can be right withoutnecessarily putting yourself on a land to be wrong and that's what a lot oftraders basically struggle with because generally there'd be risking too muchmoney they were not going to be willing to bewrongly here in this particular scenario in order to be right because the moneythey're risking on the trade is pretty much too much this is why I highlightall the time and I hype on this all the time look mr.

lobbyists of your tradingaccount because you want to put yourself in a position where you're supremelyrelaxed okay and that will put you in the best position to actually make thekind of results that you actually want okayso this will comes off with this particular area here price bounced allthe way down to the 117 area which was the area who had highlighted in advancethis is where we think the market will be able to get to comfortably quiteeasily and we had this second area which was the one 1750 which was just abovewhere we're basically saying based on this let me show you this okay let'sjust move over a little bit when we look at one 1750 right here I was basicallysaying I think that the market could get down to 117 but if you notice a lot at atime every time price was bracele dropping down price would certainly getto 1 1750 and sometimes like this for example like this as well it wouldn'tnecessarily get all of the way ok so I was saying if you're gonna be a littlebit more cautious just make sure you kind of trade to this kind of area andall the way to the bottom bar as you can see already from the raw time examplesprice this time went all the way from the top all the way to the bottomok so this is all based off to us stuff right it's the kind of higher timeframes and eating this stuff ok now one thing I need you to understand let me goto the higher time frame before I break this down for you so let's go to ourdaily view so you can see this even betteralright so look and let's zoom out a little bit so you can see we've talkedabout this over and over again ok you can even zoom out more this is going back multiple years now this is back to 2018 price has beengoing down like this okay and because price has been turned down like thisthat's what we want to do too that's that's my logic that's how Iexcuse me ascertain the markets so we're lookingfor their sell positions now what we always do is we look for opportunitiesbased on the long term momentum and what we do Arthur is we start looking to theleft let me say okay cool where is price basically gonna go goingto get to comfortably without any issues so we'll start looking this way and youcan see that here previously in March okay price stopped at this area you goback to last year and what do you see you see that in October Times NovemberTimes September Times price was around this area and price bounced back nowwhat we do now is there's two things we do because this has happened this hasgone now prices hit this area this 117 area now what we're going to do nextokay cool this is where it gets a bit interesting because we're looking atdaily chart again what did I say you all you do is you just look left where's thenext piece of key area of buying activity where price decided to turnaround in these particular regions what we'll do now is look we do this webasically put a line on which is just basic I would say okay Paul the lasttime processors in this particular region the 116 region 116 10 116 12pretty much 116 the next four are number price basically bounced off now if youlook I mean zoom back in right you can notice that look look at this right here price bounced there okay itmuch even the other day in April okay it tried to get there again it try to getit but they don't quite get that right so this is the next area if prices aregoing to move down this is the next area 116 12 which is about a hundred pipsaway 120 feet because way from where price actually closed in the weekend soif we're going to be taking the sole positions on this particular trade goingforward we'll be taking a self-possession down the mindset thatokay cool it's not a guarantee that prices the no reverse there's noguarantee that prices going not to get there but we say call the last timeprice was around this area 116 ish price decided to bounce back upthat's important for us as sellers because we want to make sure that ourtake profits are likely above this area just a little bit at least not to saythat price can't do this what it's doing here in both scenarios literallybreaking through the area and then coming back it can do that but becomesmore risky now we're not looking at something that is closer to guaranteedwe'll look at it something that's and less closer to being guaranteed and it'simportant you understand that all right now I want to say something reallypowerful which I need you to understand right now okay so just because we wereable to kind of highlight this area as a potential area of 100 drop okay wetalked about a 400 drop in I think the second the third live streamlast week is in the description box the 400 drop is important that you can watchthe after this live stream which talks about this but this is going back fromtwo weeks now offer analysis but a point I'm trying to make is this is a hugemonth okay for intraday traders intraday traders you know is that especiallypeople that just trade that try and trade every single day and make moneyokay for a long term perspective from a long-term trading perspective someonethat trades less frequently and tries to take for example like one trade fromhere all the way down to here an inter trade trader may be taking one tradefrom here then take another trade from like here and another trade from likehere and then another trade like here like four days across okay that way youcan be see banks it's and is less risk on a table in somecategories okay in some cases having three or fourtrades opposed to one trade spreads the risk across if you have one trade and itloses then you lose if you have four trades and to lose and to win then youcan still put yourself in a position to actually make quite a decent amount ofmoney such as bad and mind so that's the difference between like a long-termtrader and intraday trader okay and there's pros and cons to both for themwhat I like to do is I like to combine both for them in more ways you can dolong term trading also shorter term trading but you can also do a we'redoing here in which we're showing you even more detail which is basicallycombining all of the timeframes together to make this work we've got a video inthe description box in which I asked him about the best timeframes to trade wetalked about that more in that video and I don't know if it's there in thedescription box as well a video that we did about the best time of the day tomake money trading the forex markets but for those videos you watch after thelast dream well actually be beneficial for you and regards to like how to tradethe forex markets okay so we've linked them up it's going down it's important Iwant to say so as the markets move down all this way around and I want to giveyou a vital lesson now in regards to trading because it's hit this area thatwe planned out in advance all right cool yeahhopefully you made some money on this short position if you did in this alwaysnext time don't beat yourself up too hard okaythere's always next time this is why we do this stuff on a regular basis becausethe opportunities happen every single day but a point I want you to realizeone day I want to tell your story as funny enough is related to the euro yenand also the dollar yen okay few years ago I think it was just after2010 maybe 2012 around that time I was trading these currencies heavily theeuro yen was pulling in a lot of profit for me because the way it was moving tousd/jpy was doing the same I one fan I teach I understand is I was continuallymaking money from this market like religiously every single day and it gotto a certain point where the profits just started to dry up I was coming withthe same expectation every single day still trying to look for those sametrading opportunities but it just weren't the same now I want you tounderstand the reason I'm telling the story is because it will help youunderstand innocent trying to give you the fact of the matter is what basicallyhappened was the currencies at the time basically stopped moving of the velocitywith the momentum that they were moving previously so we're outcome every dayand a momentum was the enema meant the most clear it was a very amenable storepolish market at a time apparent but the market was moving in a strong trend inone direction and was easy to basically pick it off and what happened is has itchanged I didn't change I had caught up in you know what this is how abouttrading it decide much money we're making this that we can do it veryquickly now what I started tap into it I started to lose money if it was aboutMach 14 just like be in my head against a brick wall basically just trying totrade it and it just wouldn't pan out ultimately I kind of woke up and saidyou know what like things something's different I looked at what's happeningwe looked at the markets and I realized you know what the market isn't movingthe way it's moving before now as a lot of the Momentum's come out at a market Isaid is to say a good book that I recommend you should definitely careokay and you can actually get a free copy of this okay is a poor who moved mycheese it's not a trading book but it's a powerful book which will help youunderstand the lesson I kind of just explained to you and especially in thetimes that we're in right now the book is generally like about work andgenerally people right now are getting a lot of different experiences experiencesthere already for in regards to like their work life so I definitelyrecommend you get the book it's in the link in the description box Alice's inthe first comment and basically the butcher shows you like how to be nimblehow to be ready to change once like the money dries up so if the money is in oneparticular situation you have to be ready to move to the nextsituation now you can basically get a free copy of this audiobook in listen toundergo or listen to any about your house when you get a free trial onaudible you can basically download the bookcancel your subscription if you want and you still get to keep the book as wellthrough trials in the description box you can get in with my cheese for freealright why did I say all this stuff I said all this to say you need to becareful now out here again I'm gonna be carefulbe cautious why because we've talked about this dis drop right we've talkedabout the drop we've talked about this area right herenow what's going to happen the last time price is here what did it do it pushedup now if anyone knows me in regards to when I've talked about trades backprices but try accountancy bouncing between two regions generally I believeuntil last see tenth happen is the price will break through these two areasarranged it's basically just a process bouncing between two regions okay likeyou can see here the black line here and the red line across on the bottomright so generally what's gonna happen is the price will generally eventuallybreak through with the momentum so because the momentum is coming from uphere all the way down the price will eventually stereotypically not completelike ten commandments that price will generally break through my pair with themomentum so I will move down we don't know if this is the time so I want youto understand don't be surprised if price now bounces back all the way tothe top if price bounces halfway before trying to move back down or if pricedecides to move sideways this is why I told you about the story from years agoFriday enough Assunta same currency this is why I told you as wellabout the free book you can get or who moved my cheese description box aroundcomments section because you need to understand just because you've mademoney last week on a currency a certain way it doesn't mean that you're gonnamake money the same way the next day okay or the next week and stuff eitherand this is why I significant because this is significant this right now isbecause we're the mark actually is it's right and bang on this area now fulldisclosure price could just keep blowing through and if it does continue to sellokay what price can easily start moving back this is why this currency that washard on I've been pretty much hard on the selling for the last two weeks andhave profit and has been providing more opportunitiesto start this week it's a question mark I need to wait okaylet's talk about some scenarios so we've got this area 117 which we've talkedabout we'll put the 160 in 10 area it's what we can do is let's go higher firstand foremost because let's step through scenarios right so the scenario is kindof like a common scenario clapping is oh let's say one is always approximate isdownright it just keeps moving down okay cool so in that scenario we'vehighlighted the 116 area right this is a weekly view we're doing it so whybecause we want to look left we want to see where the mark has been able to movedown through previously and where it's basically just turned around okay so welook at let's look at this we'll put a line on also okay cool what about justput one right here okay and then let's put another one Yeah right here okaythese are two areas below the errors we just discussed blood everywherediscussed to it look price has pushed off heavily from these regions okay oneat in this area right here price has pushed off heavily from these regionsand then continue to push out right so we need to be careful in that row bar soif price continues to move down on this marketwe've got 116 we've got 115 and we've got 113 right pretty much so we've gotabout 100 pips away 200 pips away and then about the four hundred pips awaylet's do this so if price moves down through theseareas right let's go down to the daily you can see a better view of this okayif price starts to move down from these regionswe have to have these in mind okay cool price gets to this particular regionlet's just be careful because we because we understand that price may try andturn around at this area okay if price blows for this region okay pullthis area right here is the next area of significance where price has pushed offfrom hard previously okay we have to you have to be ready for those kind ofscenarios let's go down to another time frame just to get a bit more context eraso now let's say let's say for example let's assume right into this round orfour hours and let's go to a one out of you now so let's say for example this is the onehour view this red line is the 117 right so let's say for example in thissituation price isn't Gracie going to keep going down price is gonna movesideways if price is gonna move sideways on this potential opportunity underpotential parent see depending on how much it's moving up and down there mostlikely will not be an opportunity to bassy take a trade than this okay coolwe sit aside we say okay Paul we're not involved right if price starts pushingup what we wanted to start looking then at doing is we want to start lookingthis way and saying okay cool its price blowing through these previousareas is press taking out previous lower highest okayas it was moving down and as it starts to do this that's what we have to nowstart saying okay cool this is a graph from a question mark to potentiallymaybe prior to trying to push back up to those higher levels to the 121 regionokay because it's maybe not ready to go for the range etc okay this is what youneed to ascertain you have to be careful this kind of stuff because it's easy tobasically kind of get qu up in certain situations this is why for something forthe last two weeks is can straight okay yep but it'll for down positions evenwhen perfect two weeks ago the price or money was moving up I mentioned in thoselive streams go back home watch them there are opportunities and wehighlighted them in the midst of it moving up for price to actually movedown and provide good opportunities with low restored right so first things firstfor me depending on how the market opens okay let's go to a 15 minute dependingon how the market opens the market closed like this okay by depending onhow the market opens let's say for example the market doesn't really openwith a gap up too much or a gap down a gap is basically where price closed inthis particular region price could open like here for example or price couldopen that down here for example and it wouldbe a gap between the way price actually closed from on the weekend or on Fridayrap sold basically do is if price doesn't do anything too crazyI'd be focusing on this area right here okay not because I'd let Sarah lackrespect it's still because this was a level we basically focused on from a15-minute window okay lower timeframes so those areasalthough they can still be strong but as days go by they become less and lesslikely to happen okay listen that's likely to be likeadhere to so although as we like if you look back when we come out at the highertime frames and we mention it to start the stream although price was literallycontinually dropping down from this region that doesn't guarantee usanything going into the new trading week right so if this is our focus on what isprice doing in this area first of four months if price moves down and he'sshowing that I wants to break through then pretty much just maybe tomorrow Godwilling on a live stream or the day after that got ruling on a live streamyou'll hear me say okay Paul I'm looking to discontinue with the sell positionsbut because this is such has been such a powerful area 117 right we have to handa little portion and again we talked about this previously all last week whathappens if you miss a trade and say for example price bounces from this regionright and moves down and it continues to move down there will likely be anopportunity there will actually be an opportunity because people are alwaysgonna be taking profits if they don't if there's no opportunity for you for therito trader for you for me people are trading our money from home then we justhave to put our hand up and say look it was not for us okay clearly there'speople in the market are trying to basically do something by themselvesand in no scenarios there's nothing we can pretty much do in us and ours anywayso let's just like leave it as Israel so this is to your a yen for me it's just abig question mark until further notice until further notice is a question marklet's see how the market opens let's see what it does to start let's see how it'sactually handling yourself if there's a lot of selling momentum in the marketthen yes definitely could be looking to continue with us all positions as we didlast week I was trying to do it a lot before and we'll just see what happensin that scenario but this was an area from last week the reason I'm going tokeep this on for now this area D shallow highlight area is because it hasn't beenbreached and not because I think that it still like holds weight because I reallydon't have that much trust in it right now because I'm in breached I'll leaveit there I will see how price reacts around that area okay now let's look atanother currency and it's okay it's another currency and if you put acurrency you want us to kind of look at let me know in the chat section I'll tryand give it a look at some point yeah that's okay the eurothis was another currency we were looking at from a so perspective let'sstart with the daily and we can see we talked about this lastweek as well this lat trendline this loose trendline we had or nothing fromtwo weeks ago and you can see price pushed up after and then last week wehad this area as a potential opportunity to see where price may come into andthen basically start their sell-off as you can see it didn't even get there themarket pretty much just opened straight away and then move down and move down ina series of just trend in fashions trending waves if you want to pull itout for the day late sit-ins out there and basically just kept moving down sothis for example where this is different to the euro yen is look we've still gotthis opportunity we still got where price is now I wannaa Tish all the way down to what I'm here is 106 50so we're talking about 250 perps potentially in this particular scenariostill for downward potential action why why do I say thiswhat we're doing we're looking to the left right the last time when was thelast time prized squat down to you or right here and price shut off with a lotof velocity all the way back okay high high retracement okay for those ofyou out there that love Fibonacci and stuff right out and prices subsequentlycontinued to move down so I expect price to continue to move down at least tothis area right here 107 at least so all do is where the euro yen was probablythe most time consuming current state average last week this may now take theflack precedent and be the preeminence and be the one we focus on more okay sowe look at this for example let's look at weekly because you don't look likeit's always important to just look and see like what else the price is doingthat notice we've got this area down here andlooking to the left where price is reacting so looking at what price canactually be doing in these particular areas okay at least a name Jake aud/usd canyou look at here I'll take a look at that in a minuteso what are areas right one two let's just leave it like that if you want youcan add more on these are areas that okay called from the markets moving downwe're looking for sell positions I'm looking for a sell position on theeuro/usd that's what I'm looking for okay and if you want to put one more on let's sayyou put one here as well down here for example okay 104 30 nowlet's go down to a lower time frame this took out a 4-hour chart and see how thisall makes sense okay in wartime closer to price action so Imentioned this already price was moving down in abehaved fashion which is the custom of the Eurodollar okay and the fact of thematter is this doesn't have to be perfect thisdoesn't mean that this is going to obey this perfectly but the fact of thematter is as we look at this stuff we said where are opportunities topotentially get us our positions right because that's what I'm going to betrying to do for the week so I know I know and I'll go down to the lowertimeframes again entry go back to last week's livestreams – before last when we took entry alone but now we look at a one-hour viewand we're saying okay Paul what is price gonna do I talked a lot about stuff likethis over the last couple of weeks price is always gonna provide you of anopportunity to get into a trade why not because the market cares about you butbecause people care about themselves okayit's the greed of the market in a lot of cases always the breed of the a lot ofpeople in the market that will be taking trades and then they want to close outfor a profit so what I see is two things we look tothe left right you want to put as many things in our favor in Alaskaprobability as possible right so we say okay cool one thing is let's talk to theleft where as an area previously where price has turned around from I'm notturnaround has continued to down with momentum well we can highlight here Ihere at 108 50 okay that's one you could dude scored way up okay109 51 or 1025 that's one room but ideally if price is pushing up to thesehigh levels then it's more of a sign that price isn't ready to move down aswell so destructive that inner but as price he's basically moving down this isone piece of potential evidence we've drawn on a loose trendline okay so ifprice starts doing something like this which would call a whooped a trend linewhich is one with the previous price action actually then a potential trendline around this area would be – we've got a long term momentum which is downwhich would be free if we can get something like this something like thisand we'll go down to lower timeframes that would participant bear that wouldbe for basically good solid price action if you can get good risk to reward thatup in five and knows and those are fun things together to basically putourselves in a position to basically get a trade wrap and again from entrypurposes go back to our previous lap seems after today's live stream is overand we'll give you more insight into what the market is actually doing okaynow let's go to a 15-minute we want to start getting into real-time and showingyou what stuff fact this actually looks like okay because these were some of theareas we were just highlighting from a one-hour perspective stuff like this soyou want to look at this stuff and basically see what it looks like closerto real time so every 15 minutes these are the kind of candles that arebasically forming and what this tells you is something's happening in themarket right so we talked about price bouncing up to potentially thetrendline area okay 108 50 and if priced and come up to this particular kind ofwindow and put in something like this what you're now talking about is thisfor example is you're talking about 10 pips were for price action so when youget price like tight like this with in the midst of huge downwards momentum wetalked about hundreds of pips downwards when price stops and starts movingsideways for example for like 10 pips and prices compressed that's telling mewe talked about this last week about tops we're looking for the top of adownwards momentum even market and wilted for the bottoms on upwardmomentum moving market where's the top where his prize continually showing usthat price doesn't want to go above okay and as we're seeing all this stuffhappening over time you can see what we do is you start drying okay cool is thisthe top is this the top where's the top where's the top appearing like where'sthat appearing and not only that away the opportunity where's the marketcommerce opportunity tries to get into the market okay if you think about itlast week the last stream of the week we did last week it was NFP biggesteconomic news calendar on the scheduled calendar and it was a highlighted evenbefore the news figure and I was basically saying look you don't knowwhat the mark is gonna do like this news figure could be really beneficial tomove the market it could be really terrible a movie in it oppositedirection before the camera it wasn't that good but really and truly nothingreally happened in regards to the market excuse me God moved a little bit thedollar index or S&P 500 moved a little bit more or the S&P moved as well alittle bit more but I was basically in so the point I'm trying to make is we doa little stuff just for to keep our records basically or what wethink the markets going to do but this is it so because I've highlighted thisarea I'll keep an eye on it the only reason I want I wouldn't put like ayellow area which I normally kind of do is and you see it you saw previously inthe last dream either area as potential the reason I'm not gonna do it because Iwanna see had a market opens okay once the marquee is openedI'll have this number this one or 850 region in the back of my mind prettymuch a refiner mine in fact and I will say okay coolhis price trying to push I remember last week ran better in mind through thatwhat is my mind remember last week happen last week happened right had a yellow area onprice didn't even get there missed it by about what 20 30 40 50 pips just wentstraight down so you just have these swings just just to see what happensthat's it and you just wait and see but I do expect price if proximal to go downto at least easily come to this area test this area and if not try andcontinue moving lower that's the euro okayit'll just be about looking for an opportunity on this and seeing where themarkets actually gonna move to now let's go see dollar lose a name Drake said hewanted okay he wants me to look at here let me know why you're interested in Ozeach other as well as well for the record I'm just as I'll break this down okay that's the euro Celine let's lookat the Aussie dollar now it allows an interesting one why was it aninteresting one because last week pretty much for the last two weeks we put onthe back burner this is why this is powerful why is this powerful becausethe euro yen was the front-runner okay alongside the euro dollar theAussie dollar amongst one other currency which if we have time we'll talk aboutthat as well what put on the back burner I'll put this on a back burner becauseprice move down and then price basically started pushing back Cochran and this black line if amber correctlythis was an area I found widest often this is the area I was looking at thecard remember slim you know just be guessing but price basically pushed upand I was saying where's like where's the market moving down from okay likewhere's the market moving down from well where's the market because we had beenthinking about short positions right it wouldn't find at all prices keptgoing higher and higher and higher so I'm saying okay cool the euro yen theEuro are more like easy they're doing what I expected it to do focus that wayI said lesson you need to understand again going back to the hole who movedmy cheese it came around by the books in the description box in cater for freelisten to any time you want right even if you cancel your free trial but thepoint is you have to be ready to move if you do your analysis one thing is isportray yourself much more lucrative focused that way okay because if you'redoing things the way I kind of do things the risk of got to be the same no matterwhat trade you take it's always gonna be two percent or less okay that's all youneed to understand so if I trade the euro if I trade the euro yen if I tradethe Aussie dollar if I trade the panic and still if I trade the any currencybasically the USA provide you a USD panic acid ala Aussie dollar usd/jpyeuro GBP or is the risk is the same the potential to make profits is differentthough that's what you need to understand so you want to focus in thatregard where where as I said you know what let's just leave this our morefocus on this and what I started to notice last week okay I didn't trade itbut it now started to show me okay oh maybe this was the top okay now a newstate named Jake says he's long aud/usd it's been hit hard I think that turn isJune when you say it's been hit hard what do you mean by that and you thinkand you saying you think it's didn't true for history for trend I think it'sgoing to move down or it's going to move upso I'd say of me personally let's look at this again this is and that this is agood place to say look I'm gonna tell you what I think personally your biasyour bias has been long run so you can see two people per look at charts haveseen completely different like decisions two different full processes and it'swhy it's important I say this every live stream that look these things I'mtalking about it's not financial advisors my personal opinion it's what Ithink the markets gonna do okay so if I take a trader now make money that's meif I take the train I'll use money that's me if you take a trade you winthat's you if you take the trade you lose to issue so you need to understandthat it's you have to be willing to make your own decisions okay so just bearthat in mind I'm saying this just to you Jake I'm just saying this just ingeneral so you said you're in at 1.

5 risk but you see if you seem to innertoo fast it's gonna move up so you've just gotta move up so what I'd say isthis is this is what I do when I'm looking at markets I always start with ahigher time frame I look at like daily weekly I have no problem looking at ourmonthly iPhone okay because I want to see what the markets doing now if youlook at this this is really interesting this is amonthly view right you see right here this is 2011 right can you see that it's2011 what's perhaps been doing since 2011 or not z dollar it's been beaten down over all right does that changefact that brass pushed up here price first up here pass pushed up here it'sproperly taking right think about everything was explained from the highertime frame all the way down to a 15 minute time frames three minutes threeminute time frames okay it's all the samethe market moves in one direction then people take profits people take profitsthen the market keeps going in their long-term direction you can see this onthe monthly you can see this on a weekly on a daily on the four hour to one hourand trade up to four our charts are a cool so hopefully what I'm just kind ofsharing with you now will help you in regards to some of the trade decisionsyou make crap so this is the monthly then prices were moving down right longterm since 2011 only ten years now what's interesting which that we can'tignore is this right here we could always say this and I'm not gonna saythis now I'm not gonna say it now because it may not work in my favormaybe potentially look left right now what do we see here in 2009 okayeconomic financial world crisis times right what the price do this was whereprice decided to reverse from then basically push all the way back up toone to one okay so when you fuck up I like thisthis was the bottom list this is where the tails of the candles reached butgenerally the body was here sixty-five sixty-five was the region where priceultimately decided to now push out from in basically two waves okay and it didthis in basically two years it took all this way and basically over the lastnine years what happened in two years as basically move down in nine yearsokay now think about this this is important because this area right herebased on what price is doing right now is a huge huge area the reason I want tosay it's the hugest is because of what I talked about here in regards to thetells that tells I hit down there so if price has actually been breakingthrough the body of these candles okay where prices right now has actually beenbreached that does tell you a little bit that more that price may actually likewe wouldn't a break but what we should do is let's do thislet's take all of this off we'll put this line on right going back to 2003 wehave to put lines on if price is going to continue doing what it's going to do we have to talk about these areas yousay you're a song trader you got fifty proofs are now I'm not a swing trader Iwouldn't characterize myself as a swing trader but I still go for like 50 pips40 50 pips sometimes more on trades and I try to do that in one day not reallylike over a couple of days so if you're interested in learning how I do thatthen definitely watch more of my videos and you see exactly how it is possiblewe've got a video where basically break down my strategy specifically why I doit's in the description box you for watch it after this livestream run underMon training which basically breaks down not only the strategy it breaks downthat wider strategy works why it's been working for you it's me as well continueto work it's in the description box you can watch it any single any time at aday you want it's on demand for you and there so that's just how it willhighlight these two areas right as potentially hours on the downside nowlet's take all this information and go down okay now looking at weeklythis is the area the first air it is black line where price is actuallybroken free right now let's go down to four hours the my whole thing is lookingat this we've talked a lot about what the market is doing right the market ismoving down now what do we just talk about in regards to what the market doeson in the long term momentum the market will have a move down or move out andthe obviously happens you see profit taking rightthis right here thank you for the subscription for subscribing appreciatethis right here to me seems like profit taking right the markets been movingdown this is a for our view price is gradually moving up price graduallystarted moving sideways and now price of tackiest looking to try and now testthese lower areas this is what i see taking into consideration everythingthat's happening now this doesn't mean that's gonna happen but even beforeItaly Suisse up in the expecting the market technically need to move down butyou can't even all these areas right the same thing we took to buy recourse tothe euro yen to start the same thing we talked about in regards to D rodella youbasically have to like highlight these areas and see what price ties that needsparticular regions will I be surprised if price bounces off this region andstarts going wrong not particularly would I be surprised if price bouncedoff this particular region down here okay and continue to move up notparticularly because these are areas where price has literally bounced off ofbefore but you have to understand that this is nine years worth of data goingthis direction now it might be nine years worth of data to get to this pointlike we've seen where price pushed up from beforebut that's something you have to basically take into consideration as itstands and I'd be looking for moves down basically and waiting to slack seeingwhat happens until price tells me otherwise because it's not just aboutthe level okay this is what we talked about in the euro yen to start what I'mgonna be cautious it's not just about the level okay it's about what it doesat the level because we're talking about key powerful by areas here that price isbasically pushing into now what generally is gonna happen in noscenarios is price can maybe get from breakthrough but there's so much buyingvelocity or they may be so much selling for us that you depending what way theMarcus Kowal we're talking about move down what's movement here so with mybuying momentum price shoots it back up if you notice look at there tells Gandhion this timeframe the weekly was showing it but look you can see it on a dailyright here okay you can see it under weekly right here I'm gonna protect ourmonthly you can see it's one big till basically okayone big tail here so just better in mind when you're looking at what thesemarkets are going to do and then look we're looking at one-hour now this iseven more insights this is what we've just looked at previously about how theprice was basically moving up right and then price kind of started movingsideways and then the fire seems to be moving down and within that price ispushing up slightly we had this huge by a cop here price is moving up slightlybut what's price till after price is now like moving downand it looks like he wants to continue so all I would be doing based on allthis stuff here I've just discussed okay plus the long-term momentum pushing itdown I'd be saying cool is price gonna try and push up somewhere and thencontinue down and then look for us an opportunity okay but looking at highertime frames and stuff like that definitely like it's beneficial to youbecause it gives you a bigger picture of what's actually happening like thedirection where things are going where things might turn around because let meget now to lower timeframes like the 15 minute for example alright and we'relooking at this when we have to do is we have to start looking left likewhere's where's price going to for example where could price potentiallyreverse are we looking at 60 20 as a potential area based on what price did I looking at a 60 60 this kind of area 6070 around this kind of region based on what price did and bear in mind like I said for Ibelieve was the euro if price starts pushing up higher then you have to kindof like rethink okay remember who moved my cheese get the gold in one place getthe profits in one place then be nimble move to the next place okay that's why Irecommend that book highly it's in the description box you can get a free audiocopy of it I listen to anytime you want but this is the point this is what theeuro looks like sorry that looks like to me I think is a sell off it's one thingwe can't do is we didn't do this on any of the other currencies but you talkedabout this as well okay get in really close up and seeing what the priceaction is doing okay this is a free minute chart now I'm not going to tellyou look do all your analysis of the free minutes right now my opinion willbe Ludacris basically just to do that for example to be making these kind oflike a longer-term decision so you can use this this kind of destroy in myopinion for two things and they basically thesame anywhere yeah entry if you know all you're doing like we've kind of done ifAdams broken down the markets they said I thought this what we from the mark isgoing to do and now we're looking for place the entire you can do it for thatthe second film we can do it for this is to minimize risk we can take apotential 25 pip stop-loss 20 50 and 20 people stopping us and potentially makeit like a 10 pip stop loss and if you follow the live streams we did last weekand before or specifically what you'll find there in that scenario is we talkeda lot about your entries how important entries are because it can take yourrisk from here to here and when you take your rest from here to here thatautomatically takes your profit potential from here to here okay and itmakes it easier to get a one trade in those scenarios okay today again youhave to make your own decisions and only it is you have to see what happens likeif if the trade doesn't if it doesn't move down then fair enough I was wronglike I don't mind being wrong okay this is what difficu talking about it sopublicly these days because generally it's just been for private students andstuff like that but like in the end of the day I normally this will make me abetter trade even better than I am before okay so this is I think about theAussie dollar that's my approach is most likely at least for now I'm gonna headof the euro yen in regards to my trading opportunities towards a dollar and theeuro and here are USD SD probably first right now Aussie dollar is her secondcurrency I'm looking to sew to market on the Aussie dollar hopefully that helpedyou Jake and definitely again thank you for subscribing and if you like whatwe're talking about here definitely hit the thumbs up button this is obviouslyof would benefit to you this also helps us and will cost to you telling YouTubeobviously his roles post in some good materials here to help us with ourtrading and obviously as well Phillip were talking about make sure youobviously subscribe to the channel as well okay and obviously more nodes oftrading videos top if your trading and all that kind of stuff as well let'slook at step and against the dollar okay this is another one right here let'sjump straight to the daily okay and look at what we have here notas as ripe that's a good word not as rough as the Aussie dollar right looktuck is wrapping him and you can notice that it looks similarwow that's a bit wonky right there huge that's a little bit better hugedownwards omentum okay just like the awesome you saw the pushback right noware we started to see it ripen and try and get lower we saw for example theUSDA USD looked exactly like this but the Euro was like kind of locked downhere so far it pushed down and I was talking about this to at least a littlebit left in in the potential opportunity right the Aussie is like here so there'sstill a bit of opportunity a good opportunity the partner caster dollar isstill up here in the beginning phases in beginning phases and it looks like he'swrapping him so again this was one most of this huge downward omentum based offthe overall downwards momentum of the market of the panic ensued ah you'relooking for saw positions and two weeks ago the market was doing this greenactivity right here but again was providing opportunities to go to shorebecause when you've got this right here okaythe overall momentum in your favour it will still provide opportunities eventhough it's going against you against your analysis like from Appleton basisit will still provide you've good opportunities right so right now it'slooking like it's ripening and getting ready to continue that downward momentumthis former daily via is let's go down for hours you can see the stuff on blackit's good to start from the bird's eye view and then basically compress it downand see specifically what it's doing on a shorter time span specifically becauseit makes it like really beneficial from that perspective okay if any othercurrency is what you want me to look at let me know okay while we're still onhopefully I'll be able to help you make a good solid decision will cost to thetrade to basically take on audacity or trade negativityall right now this one who put these areas down here as potential areas whereprice should be able to get down to if itcontinues but this is a for our view and notice excuse me you have to look to the left right andthe 1:22 region which is 70 pips away from where prices right now is the lasttime the last place where price pushed up from quite heavily then we look atthis area right here which is the 119 region and we look down here which isbasically the 115 region just under 115 114 90 which is about eight hundred pipsin total okay so we talked about a 400 plus 20 euro yen this is a potential 800picked room so if I do a video if I do a livestream the join week Lord willingand it says the 800 drop one cable the particles dollar I told you about youknow this is miraculin about okay because the way it basically did thisover a couple of days I would not be surprised if price did this over acouple of days and this right here this is the only thingright now I'm about to assault position that I'd be looking at it couldpotentially hold this situation just a fact that price pushed up from herepreviously so seemed to present itself as the top thiswas likely you – sorry this flag the Aussie dollar was the second currency Ialluded to which I said you know I put on the back burner because it didn'tseem right okay so the euro and the u.

s.

the euro and the EURJPY were the twoones that came to the forefront as the ones I was focusing on a basic withAussie dollar and a party guest on a back burner amongst one other term shewill talk about maybe next and we're not perspective now you can see how do youOrion has been packed for this just for the time foreseeable to see what theprice does is key area now this one like I said it looks like this ripeningdepleting you to move done again okay this is all just my focus my thinking Idon't know what's gonna happen this could just do that and if it does fairenough then I maybe have to really reject mymindset about what this mock is – maybe it's not ready maybe this is just apolls and actually prices bassy try to swallow one of those losses andcome all the way back to these kind of areas who knows okay that's here againthe theme we have continued to talk about this week is don't get pull up inone mindset and one decision will pass the trading because you never know thisis why I do my cheese if you haven't heard you know I'm ready before youdefinitely want to consider it because it gives you a vowel s and that's helpedme you know concentrating the loss and it's our new trading to help medifferent parts of life as well because it makes you like realize and rememberwith a simple simple story that anyone can get that you can have success oneday and it can be gone the next day okay so you just have to always be onyour toes whether to be nimble and remember that kind of stuff okay so thisis the for our view let's go down let's see what this looks like in close ourrow time let's see one hour okay I'll say is I mentioned this already aswe go down to lower this looks more and more viral the lower it gets okaythe lower we look at the lower time page we get to do more and more viral thisarea looks because let me move this over for you because we're prices right nowthis is the black line of highlighted right as the area basically the 115region right but right here this like look price bounced off this region hascontinued just in a series of waves to push our one two three the triple top for thoseof you that love the triple top my regardless price highlighted it doesn'twant to go above that yeah but this area right here to me right here is of utmostinterest to me because if price decides I doesn't want to break this area ifprice doesn't want to break below that'll be really interestingbut just remember we've got a perceived an apparent top here okay right herejust above 124 about probably 120 for 50 ish in this particular region yeah 120for 60 in this region so this can be hand with a couple of different ways wecan say well the Oval Momentum's down maybe price wants to try and push uphere and if passed pushes to this region and doesn't black breakthrough Idefinitely consider a sell position burned down again price maybe not readyand if price doesn't breach this region right here then this becomes a littlebit more likely this error here I could get breached because then it's strongthat look is still trying to attend upwards it's still putting in higherlows right so if it does that I hope you always see a good opportunity tobasically consider all night let me rephrase that I was actually overblundered and I mean take to you right if price doesn't break this area and wehave a higher low certified and price push it up here then it is a bit morelikely that price could actually break through that region and this potentialsell position in this particular region is a little bit less likelyokay so just better mind I think that take was a lot there so the dress oflivestreaming right okay so cool so we look at it from thatperspective it's about waiting to see what happens is particularly to do ifprice of an upper shot right if price tops out most of the sideways providesopportunity there maybe yeah we can look for a sell position down if price doessomething like this opens pushes up a little bit and then provides a sell position that would be okay but this for me 122slat 120 190 this region right here I want to see then we're not say I want tosee this okay Wow they put autonomy because if themarket moves down I want to jump on if this particularpresent broken I don't even – every trading down to this area I'll beextremely cautious at this particular region and if this market it breaksthrough here then again all we do is we start looking left right okay cool thisis the next piece of significant trading data like in this particular me to mybuying has been prevalent but we just look here okay coolprice rocketed out from here that's something to considerokay 118 I'm just above 118 about 118 20 okay then we look at 117 crush are fromthere as well and this is this is how you consider it so it is no questionslet me go to the usd/jpy this was another really interesting one and ifthere's no questions after this we'll see what happens but the usd/jpy was asomething really interesting this is kind of like the opposite of what wejust talked about so again let's look from a daily perspective this market hasbeen extremely bullish polish for those who don't know this means the monkeysmaybe not right and price shut up and this momentum herewas significant price decided to stop here which isn't a surprise in otherways when you consider what's been happening previously one to do thatagain one much better to free right so that is something to consider but thenalso price bounced off of this area as you can see here and similar by theopposite so we looked at the pounded list at the Aussie dollar price hadbasically pushed down hard coming back and we looking for the topwhere's the top on the usd/jpy we're looking at the opposite where's thebottom when it does price seem to like where's the bottom now price wants tobasically continue it now looks like this at 1:07 has potentially presenteditself as the bomb where price is not one or 850 that's where price basicallyclosed my mind say is it cool if I'm looking for a long position because thiswhat would be looking at on this particular currency let's take all thisoff you because if you go to a higher time frameI was basically saying in recent years going back to 2011 opposite of theAussie dollar okay price has been pushing up now what basically happenedhere is which is quite interesting in this way new ones come into this andthis is where you making your own decisions comes in too heavily is Ihighlighted the fact that look price basically bounced from this region right you can see that clearly and pricesstarted moving down from this region where did it turn around in this kind ofregion here ah okay and because of the velocity in the market let me give you abetter view of this look at a four because of the weightmarket moved up here I kind of said to myself one of the livestreams this is alot of velocity in the market that is making me friend you know what thisprice action here which you can see daily perspective you can see how quickly price did thisokay just a few days pretty much about a week we could have TOEFL trading thiskind of could count counts throughout all of the selling previously so I kindof said okay cool for me for my perspective I foresee this marketpushing up to these levels so foolish to pass for that perspective if 107 is thearea that price has said okay let's go up I'm gonna be looking for a longposition on this at least one 1160 yeah at leastand when I say at least one 1160 I don't mean how much earlier I don't mean nowtaking one trade from here and my take profit is gonna be here I don't mean I'mtaking one trade from here and I'm gonna have t1 excuse me there and t2 here andT free yeah I don't trade like that I mean I'm gonna take potentially onetrade here whatever target like here minimal 2% risk at leat maximum lookingfor a six percent or more return then I may take another trade here with anagain minimal 2% risk or less 6 percent plus or more return up here and I couldtake negative example another trade here we've targeted up here again minimal 2%at least fruit three-to-one mr.

Ward something along those lines and that'show I do it okay so I was talking about earlier when Jake was saying he's aswing trader now saying silac would go for the same kind of topics on tradesI'm not so trade away more Pooh days I like to get my trades over and done within one to two hours and I say that as if I control how my trade ticks by don'tand it's what we explained in the free on-demand training in the descriptionbox you can watch anytime we're basically shows you how it'spossible that we can enter those trades and get into those trades in and outrelatively quickly with a small risk by a big reward wrap you can watch that atyour leisure so this is a market I'm looking for a long position longpositions potentially now we've looked at the daily let's go down to a lowertimeframe let's look at the 4-hour and let's just see your price has beendoing it does the Bacchus definitely ripening okay looks like the initial bottom longtaillooks like a hammer candle which is a good thing to see somewhere low that'swhat we want to see it then we can see that price I'm bottom triple bar forthose of you I love the triple bottom or the triple top and then press away we gohas continued to go again we just look left we can look at price here and sayokay cool price sort of hard from this particularregion previously and just above this area as wellprice sort of quite hard we recently as well but after that you could press thisparticular area here but really and truly here is the next area one 11:59three five nine three 111 and sixty it's the next area of key significance okayso as we go down let's even look even lower so one hour let's see what thisprice action looks like then a lot more detail you want to be seeing stuff likethis where price is basically moving sideways giving you an opportunity tohave minimal risk on a stoploss entry a potential entry in that sideways priceaction and in this scenario we will now find a potential upside trade etc okaylet's go to a 15 minute and see more detail okay this is where price bottomdown 107 right you can see the price actionclearly far shut up it's not surprising you look at our prices doing this wasthe area previously where price older from hard recently now it's theconsolidation consolidation even though it pushed up here as well which in realtime these are things you wouldn't necessarily know what's gonna happen ina sense of push it up and basically coming back he wouldn't know that'sgonna happen but you can definitely see as this is happening the rule time tothe left okay cool okay so we've got an exchange but it was hard selling now allof those hard centers have basically left a mark here maybe they've reverseda position wherever he is now it's about higher like high buying except righthappens a lot okay price sideways topped bottomed out hereand then let's see what happens that's what you want to see take offlittle bit one two three four and notice this this is sit six o'clockat night then 6:00 a.

m.

in the morning the next day so that's 12hours right I'm 6 p.

m.

at night we had a bottom later in the day evening 10 a.

m.

11 p.

m.

10 p.

m.

11 p.

m.

we'll had another test partial art from Asia Asian session asthey see the nighttime trading window and in that particular window the pricecame back down and then what happened about 3 a.

m.

in the morning we get thisone this is the third time price bottomed out there and what do we seethis might be the best opportunity it is at 6 a.

m.

look at this and price pushes up to here and this isa good place to kind of show you something really powerful because we'vedone this is this is how all of the stuff becomes powerful because we useall of the time frames together to get to a situation like this where we cannow look for a trade opportunity right because this is what you wanna see youwanna see the market going in the direction we want to see price actiongiving us an opportunity to enter and then after that all we need to see iscoming at risk on below somewhere and can you ever talk it somewhere higherhere here here how do we determine that will highlightit already is the free to one right yes that's how I do so at that point you just look at thisokay Paul does this make sense maybe it makes sense maybe it doesn't okay what we're talking about here sixteen pip stop loss' are at sixteenpoint nine so they're seventeen what do we need we need 51 51 at least racketwant pips to be at least for you to 117 34 51 right you see I drew on that I drew on thesegreen lines look at you one here potentially actually one here and bearmine just keep this number here in reference okay and it up here so thisright now would be as you can see fruit one restored ratiobut then this would be what's this this would be a four-to-onerestored ratio 68 PS right at the top and that tail right here is this topright here basically topped out there right look at this this is a 15 minute this is a 15-minute window time framewrap if we know we're going long if we know we've found a bottom potentiallyalong here we know a stop loss is gonna go if this is the bottom right if thisactually is the bottom we know our stop loss is gonna go below it and logicallynow we're looking for targets all we're looking for is a target where can weenter the market low-risk high-reward this is why we can now jump down tothese lower timeframes and see exactly what price is doingright now let me take all it is often as we do this what do we see let's look atwhat this actually looks like this is the same place what price is doing okay remember I spot on T right we had all the black lines on and lookat this and now that bottom got overall bottom we looked out from the 15 minutenow we can see that a bottom from 6 a.

m.

I was about 6:30 this was the actual bar so now what can we do I can move this in a little bit becauseyou can see in the actual price action price didn't actually go there and evenwhat's even more powerful price moved up here came back down and is even thoughas though so this makes this area even more confident comfortable by even sowhat else does that do look at where we put our line on entry line right basedon the 15-minute but this based on looking at this this stuff is way toofar because if you are looking at this in real time as pricing we Vietnam lookat this these are good areas to find good entries and just by being able todo that we can move this up right we can also move this down a little bit now let's go back to the higher timeframe because I'll use it for entry and what do the numbers suggest to us okay see the difference let me send itto the back now look at the numbers you now this is 56 poops now this isn't 17pips anymore nice 11.

3 so we've saved us overall six pips 7 pips on a stoplossnow the risk still makes sense the reward is the same but now it's gonefrom three to one – what five to one now that's powerfulbecause a trade that had the same entry but has what the entry is a little bitdifferent a little bit better and the risk is a little bit higher becausewe're actually looking at the price option we've been all of this bigactivity now we say okay cool lower risk more profit potential becauseevery time you lower the risk the potential opens up every time you lowerthe pitch every time you maximize the risk the potential shrinks the profitpotential shrinks that does two things now the same trade the same target isprobably about four percent more but if you're risking 2% to make six percentnow you're still risking 2% by now you probably could have make ten percentright and that's one thing now it's this and this is a good example about justhow look how quickly this happened this is morning right – afternoon so I am anawesome trader because if we do analysis like this we can get trades like thisright makes sense but then this is another powerful filter so one thing itdoes is more profits right another thing this does which arguably is just as good even though you might not you're notgoing to make as much money and I think it does is it makes a trade easierbecause we need three to one at least minimum right so look look at this becomes here okay this now becomes free to one soright here yesterday right here excuse menow funny enough it got them in one candle it's not always gonna do that sowhat a point I'm making is it makes it easier because the mark you just becauseyou've got a good entry it's a lot easier but to get to where needs to getto so if you're a beginner and you're thinking about doing this stuff I alwayssay let's go pay for the bare minimum go four three two one like this will feelgood but you would have build up consistency as you become more confidentand you look at the market how like remember we're doing all of this off theback of price potentially going back up to it at 111 112 so there's a lot ofupside potential so if price moves to this area that'sfine okay this is he peeps for you pay 50 pips this can do this can happen inone day if you time it right like we did here I think about a life of missperspective just over three two one as you start to see this works then yourealize you know it was there actually makes a lot more sense like then we payattention what what you saying you become better analyzing the markets theway I've been doing for years and all this different kind of stuff and againthis doesn't always work this isn't blacktron perfect scienceremember I'm a retail trader you are likely watching this you're a retailtrader we don't move the market with like the money we have in our tradingaccount there's big players out there that move the market we don't move themarket but one it should be easier another one will be more profits if youtake the exact same target or two you just make it easierthree to one moves from here it's a down to here and you can see this is from6:30 a.

m.

to about 10:00 a.

m.

this is how you can actually make moneyrelatively quickly if you're at home if you want your lunch break if you do thisbefore you go off to work etc obviously in an area like this in the times of itnow everyone's gonna be at home it's why I just makes more sense for you to focuson these kind of things okay so does that make sense that's whatI've talked about today made sense if it has made sense hit the thumbs up buttonokay let me know this actually makes a lot of sense we've talked about fivedifferent currencies hopefully that's been of benefit to you and what I'll sayor not know is it's a good place to basically wrap it up for the weekendstrade setup so this is what we do on a week-to-week basis God willing we'll behere next week again talking about all of this stuff if you like we talkedabout today's video subscribe the channel hit the like button hit thethumbs up one should I say and I'll see you on the next livestream tomorrow whatwe're doing or the next video we publish on our channel will tell you on TuesdaysFridays or two things inside etcetera I'm gonna take care and I'll see you onthe next one that's it take care.