so I was like okay [Music] [Music] [Applause] [Music] [Applause] [Music] [Music] hey everyone yeah another F stream let's go here we go every single Wednesday I'm excited to be here yeah it's going to be fun I'm actually going to come on as well pretty much every Wednesday I've got told by Jonathan that I'm I've got to be here which is going to be fun about what about you Anastasia what's been going on since you're the last time you here oh well I guess all of us has been going on right Trump became a president Trump became president for the good and for the bad uh for me it's good but I think it's because because it's going to be so volatile there will be a lot of opportunities to make really quick and easy money but an equal amount of opportunities to lose money equally quickly so I think the most important is to be cool-headed and to not be greedy to the easy money and I think the Trump coin was a perfect example of that do you know do you know do you know I kind of got sucked into that because I didn't buy Trump coin I totally missed it my friend told me on the Friday he said what do you think about this Trump coin I was like no scam not even thinking about it total ripoff and then turns out it was his actual coin and then it went flying so then his wife posted that she's got a meme coin I was like what's the worst that can happen you know so I stuck in some salt and that just tanks I probably lost like 90% of the value just like that you know but Moon bags what what can we do that's what they're there for but yeah rugul did you buy some I I did buy Trump coin but I bought it at 20 the moment it got released and I'm going to tell you why because I actually was talking about this the other day like some people that uh there are a couple of parts of to investment and it's also about being in the right place in the right time and there were 48 hours before the inauguration I was thinking right what is the chance that the things that got just released will be tanked right before the inaguration or at least before his speech at the before the presidency it's it's it's rather low chance if you think about this because it would really hurt him much as well as his reputation uh if he would completely destroy multiple people's account right we are talking millions of people who bought it so I was evaluating the risks and I said to myself hey you know it's most likely not going to tank before so it's about getting in quickly and also getting out and not catching the form right afterwards that you don't got out too quickly I exited at 56 from 20 it did yeah no way and I and I was actually trading it on Futures with uh with like the you know this you trading this with leverage yeah I was taking it wow I did risk a little bit because I was like okay what am I going to not feel bad if I completely lose to zero so I only was risking like a little more than 500 but I did trade it with leverage and I exited on 56 from so it was a good shot I'm not going to lie I was almost on the edge of catching the form and exit entering again after you broke 50 but I was like you know what let Let Me Wait Until inauguration and see where it goes and then it tanked it just lefted me so were you looking at this price action here and that's where you were like okay I'm going to get out or what was your kind of no to be honest with you there was no price action I exited the moment it hit 50 actually 55 it was I hit my put I had my take profit there and I'm gonna explain you why because around my estimation was either 50 or 100 because it's just like points you know mentally that investors like especially on this up and down no volue kind of stuff and I was like I'm either going to exit on 50 or in 100 and I'm going to take it conservatively and just going to cut it around $50 per coins so that's and when uh Melania released her coin I didn't buy one because that was already you know the first hype wave already passed oh do you want to know my entry in this yeah tell me you want to know my entry in this wait oh my God I got to get a better chart up on on here cu let's see what chart it's got probably okay so I I got onto a call with a friend of mine we were talking and he said oh this Trump's wife has just got into just made a a release about her her mem coin I was like Wow $10 that was my entry right there and I put like 10 s in I was just like yeah let's just put 10 the whole instead of breaking it up I was like just put the whole 10 in there it has literally just done nothing but dumb you know you can't make it up I actually entered a little bit extra here as well so I was like okay now it maybe we're going to see some some something but no we got we got rug pulled by Trump we end up to this to make it up quicker yeah we we def I definitely got it's funny cuz I told everybody to buy it as well luckily nobody bought it so yeah no I was silently buying it myself I wasn't ready to share it I was like if I'm going to lose it it's at least going to be on me you know my responsibility I'm just gonna be shut up about this and not tell anyone see me me and Jonathan are the same with that because I nearly got us rugged I nearly got the group rugged with this coin but there was a coin I remember there was a coin that he told everybody to buy we bought some people bought it I didn't buy this particular coin and then we asked if he's bought and he didn't buy it at all hold on a second you're telling us to buy a meme Court anyway but good stuff so we better go into actual trading do you want to pull up uh what have have you been trading anything what about these moves on uh pound dollar or anything like that yeah I actually am uh right now in a buy for AUD visting do you want to pull up your chat well uh you can walk us through I will do whoever was here yesterday as well we nailed a really nice trade here the take overall take profit was up here but I got chickened out and ended up closing it halfway but after stream so we still huh way did you close it had I had quite I had quite a lot of size on it and I didn't really feel I got a little bit uncomfortable with the numbers and I was just like I'm just going to close it out when the end of stream I didn't want to go home as well and have to think about the trade being open and stuff so I was like you know what I'm just going to cut I cut half of it and then I was like I'm just going to cut the whole thing so there you go little mistakes we're all entitled to our mistakes guys you know we're all human yeah emotions in the end of the day right we all yeah one of those I got finally killed from closing it to soon I learned finally how to add to the winners so this one been adding to as well so this is my ad USD from yesterday I'm in a buy I'm expecting it to go up higher and I I I just added uh to the position let me to not lie let me tell you which was my egg tree uh 8:30 was my second entry here 8:36 precise so I'm expecting something like this to continue to happen uh a little a little less than one to three uh let's say my stop loss is 530 for all my trades right now so this is your entri what what uh 836 the second one that's already after the running I have another trade now on the ausd so that's second entry that I got and uh yesterday I was actually buying it for one simple reason uh because of whole bunch of volume accumulation here now if I'm going to go on the 1 hour time frame uh and I will focus on this specific move to the upside we will see that after the price went up it was again consolidating around the same Zone and this Zone was the ma where the majority of people were entering those trades so the biggest volume was accumulated here uh about 215 and uh 250 Zone okay so this is where the of accumulation was so when the price shot to the upside after the Trump's inauguration and then revers back uh so here was nothing said about the tariffs right this is why USD lost in the value and a went up now the next day well actually the same day essentially at night when T when tariffs are were actually announced that uh Trump is looking to start with the tariffs already for the 25% for Canada and Mexico potentially from the 1st of febr this is where we got the reversal and the reversal was precisely towards my zone of volume like precisely and I didn't enter here but the second time It reversed I was like okay now definitely my time to enter um and my stop loss was below the volume area conservatively so this is the perfect volum accommodation it's one of my favorite setups uh if the price goes up and somewhere in between we have the type of consolidation it can be in a set in a shape of uh just rectangle triangle whatever it's all the same consolidation for me and then the price goes up now if it pulls back toward this consolidation I'm going to buy it so this is one of my favorite setups that I used and uh this is exactly the perfect example of that right so this is it uh so I was buying here and as today the price did exactly the same because if you're gonna have a look at this right if I'm gonna zoom in look at this it's precisely the same situation just already on the smaller time frame so again we had the pool we had the move to the upside right we had the consolidation the price moved down it didn't precisely go to my limit orders that were here so when I started going up I just bought extra added to my previous position already here because I was like okay it's not going to go all the way to the volume but in case it would my stop losses below the previous low still and below the volary so both entries are exactly based on this setup so again push impulse volume accumulation impulse reversal to the volume accumulation my entry and then the trade it doesn't have to be complicated huh no it doesn't this is one of my favorites and it's one of the easiest setups and their win rate with this one is pretty pretty good if I may say so so my take profit is on the previous volume area so it's pretty simple as well this thing can also act as a take profit it's a little more complicated because here we have the huge Zone but I'm looking at the first consolidation on the way and the first consolidation on the way of the price is here so that's where my my take profit is right here so you're you're you're actually targeting that point of control up there yeah I'm targeting this one it's it's a point of control of the months so for Jan for the December and also weekly ones I here so it's quite big volume amount I'm not going to try to you know get it up there because I think it's a little too early for that especially with tariffs you know depending on what Trump is going to do so I'm going to be closing it here but it is a swing indeed I'm just letting it run will you be like trailing trailing your stops into or you taking as you go along you're taking stom up no I'm not I'm not taking any partials I actually used to do it until uh I read this book we talked about this best Loser yeah yeah and I saidy I got to stop doing it I got to stop cutting into my own profit and after some struggles with that I actually Al and uh I do not take any partials anymore I Le I let it run and this initial trade is already with stop loss and profit here and this one is with normal stop loss so essentially it's still Break Even but I am willing to risk it if it goes back so yeah Tom would be very upset about my trade then yesterday that I cut it early just just being a wimp as well so go took it's the biggest it's the biggest Trader loses or the best Trader loses I can't remember it's called the best loser wins wow that was close best loser wins yeah best Los win guys it's a really good book one of the best ones actually I right when when do you move to break even if you uh normally I just move it when it's one to one so if I have 15 Pips stop loss I'm going to move it when it's 15 Pips of profit if it's 30 Pips I move it it's 30 there are some exceptions uh to this rule uh sometimes I can wait a couple of more peps until the price breaks my volumes on for example so I know if it pulls back it's invalid and then it's I'm definitely getting outbreaking but general rule for me is one to one the the exact same pattern that you're just you know you you're highlighting it's the pattern as well a really nice one on just pound dollar it is just you can see it if you you guys just want an easy way of trading this is a really good framework wait for a consolidation a breaking consolidation retest and a continuation it's like on the five I was looking at it on the five minute on that little move there would have been a really nice uh nice entry it's just super super clean yeah it's the same right we have the consolidation here uh exactly similar par and then the price PVE back into this consolidation Zone and it starts going up the only reason why I didn't end up taking pound I Was preparing that is because stop my stop loss would go somewhere at least 165 and then I my target here would be around 2460 I mean I see the potential going all the way here but again with Trump I'm not quite sure about that so that's why I didn't take GBP us this s i I sticked with my ausd for me it looked better to be honest God I don't know if I'm you know I'm happy finally we're going to have a little bit of not really stability because now we know Trump's inting and he's going to be doing stuff but you know it's awful if you're in the wrong side of something that he says you know super super frustrating break close recess and my bread and butter that is I yeah break close and Retail I'm gonna say a couple of things about it if you in mind Al least go for it take away about the break and retest there is a difference between the volumes and the break and retest because break and retest essentially what you are doing is you have there some kind of you know consolidation right let's uh not extend it so you have some kind of consolidation here let me just draw a little bit uh and then the price breaks through and then you essentially take a reest right and you buy the problem with it is that a lot of people it's extends your stop loss because essentially people take a stop loss here and a lot of people also take it too early I've seen it a lot of the times uh that the moment price exits from the highs people immediately take it but there are several elements of consolidation and fake outs are one of them as well so consolidation normally my perfect consolidation Works in this way I've got the fake out on one side I've got the fake out on another side fake out meaning that we break through the tops and the bottoms of consolidation because like this it's a liquidity like you know price gets liquidity activates the orders of both sides from those who place place High stop cell stops get them out on the stop losses and then essentially it goes so I always wait for quite a big pullback which is at least around 70% of this consolidation and then if it's 70% of the size of consolidation so that would be approximately at least here then I'm going to take a trade but I also I'm not going to take a trade based on the pullback towards the heest to so so for a quarter retest but rather the volume of that so I'm going to use my volume profile place it and try to take an entry as close as possible to the point of control majority of the times the point of control is somewhere in the middle of consolidation so I'm targeting somewhere the median of it right but sometimes it's not so I prefer still check this a volume profile so that why it works here I'm not taking a trade like normally right because I waited here but I wouldn't take a trade here I would be trying to Target like closer so the perfect entry based on the volumes would be here based on the point of control and again um if I would be entering break and retest what would happen is I would enter here and then eventually my target Which is higher would Beed if I would be entering break and retest on the bottom look here is also consolidation right break retest stop loss that's why always wait definitely until the price you know stops exits all of this preferably and then I wait for the volume retest and then I take a trade those deviations you see them so much as well in Forex yeah there's always like that time where you like you're in um you're in a you're in a short it does a little bit of consolidation breaks the consolidation and then you're like okay now it's making its next leg leg down but then it just comes back up takes every takes the highs off that top of that range and then goes goes down next leg and it's such it's a tricky pattern but as soon as you start seeing it you notice they it happens so much but it's it's a really fun way once you start like clocking what it does you can get into really nice trades with that so definitely look into deviations look at this one for example uh if we're talking about their break and retest trade this is the highest and and those are the lows so we definitely had this drop here at least to the bottom right so the price exited I that 100% that some people already replacing sell stops here um and then essentially they got a stop stopped out right so I always wait let's say 70% of consolidation size U before taking a buy uh that kind of rule actually helped me a lot to stay away from uh too early entries because again um you know I I I can measure it based on for example the FIB well retracement but in this case instead of using FIB as a fib I would just use it as a measurement tool so I'm going to turn that all off we have approximately 70% of that right so uh wait a second let me reverse that um doing it completely wrong one second so here is the average size of this consolidation and if I move it to the upside we see that the price exited to air 70 a little bit more than 70% and then pulled back and then it's an entry that I would take ranges to ranges we got a couple of questions here what is the usual time that you trade in um times or time frames I guess if it's times then majority in London so my M majority of my trades are taken between 8:00 a.m. and 11:00 a.m. uh Central European Time and uh rarely I take extra trades before New York so approximately well now right 2:00 3:00 so I almost never entered the trades in the evening because well statistically saying I almost always get stopped out so I just I just stop looking at the market in the evening to just save myself from those yeah I can't I can't do it I can't keep trades overnight like I always love the the idea of putting on a trade and letting it just do its thing and going to see Jonathan can go to sleep do like hold a trade for a week and be totally fine if I'm holding a trade for a week I can't stop thinking about it it's horrible so for the good or for the bad one minute time frames unfortunately for [Music] me I see that Alex is actually asking if it's a time frame uh time frame I majority trade on 30 minutes but I do find my entries on five so it's a combination of 30 and five yeah good to see what's the volume profile settings you actually changed the the volume profile at all or is it I changed the from the from the default you mean yeah I changed them and they're well if you talking correct one it would be this one tick per row and that would be the correct setting for the volume profile um but sometimes depending on the internet speed it might not a flat and then basically what you want to do you want to put the number of rows in as high amount as possible uh 500 usually does it because essentially what it does it shows the volume for every single price level so that every single smallest pad in the market so if we are taking for example it's to this kind of stuff when we are missing out on essentially price levels that between sometimes it can affect how the volume the how the point of control is placed so this is a correct settings and then the only things that I adjusted my value area is the same and then what I adjusted is I enabled point of control I have my colors adjusted and for the weekly and um monthly I also have the developing point of control enable trading view is so good I remember where it didn't have any of these tools and you had to use like Sierra charts or you had to use like EXO charts and things like that and there's so many subscriptions suddenly you're like you don't keep track where your where all your subscriptions are and now it's just on trading view so thank God whoever's in charge of product over there thank you very much yeah they did quite great and it improved over the years as well like w BR specifically yeah like i' I've played with other tools like Trend spider and they don't even come close to the ease of use that trading view that trading view HS that's true yeah what are your thoughts on gold on some other assets guys put in the chat what kind of assets uh that you're looking at and we'll do some we'll go through some at the moment because the market to be honest other than the trade that Anastasia is in I don't actually see much opportunity to get in anything on my normal yeah so ad USD is still good essentially because it's almost back at my entry initial one this second one uh I was actually looking at your USD as well so the same principle the only thing is it's looking better than GBP USD uh I'm still I'm still thinking if it might go early lower a little bit here uh but principle is exactly the same right we have the impuls so I love this setup it's it's my favorite setup we have the consolidation we have the exit for the consolidation and then the pull back towards the volume whether is the volume majority of the volume Zone will be right let's check it out right here there we go so if it goes a little closer here for example let's say 255 250 preferably then I am most definitely looking for a buy Here interesting where you looking for a buy if it comes back into the volume uh the volume Pro um the point of control uh a little higher for the spread let's say 250 250 230 ideally what do you think about that like for me to go long here I I'll P I'll pull on the MC5 because I'm thinking you know I'm a sucker for being in the trading room and not trading I don't know why it's like I shouldn't push trades but I'm I'm not going to push a trade here unless it would be for a short the reason being is obviously we've come up we've come into a real strong area of demand let me see if I can get rid of that whatever that is right there give me two seconds got loads of objects on this thing and it's super annoying okay so obviously we had this kind of reversal pattern that we've been talking about for the last couple of trading rooms and we had a really strong pushup into this area and I'm I actually marked out I started thinking more about the point of control as well because I they're really really really good tools I used to use it a lot when I was trading crypto I never thought about using it for in in Forex or anything like that I'm not sure sure why but we've had quite a big pushup and we've hit a EMA a 50 EMA on The Daily now for me looking at that for a long realistically I don't really have any long targets like the only long Target I would be looking for was you know back up to this area and I don't feel that euro is just going to keep pushing up into that level without some type of retest so if I was looking on let me go back on to the daily if and a 15 minute the only thing that I'd really be looking for is is short so maybe if it comes in into this area and just starts and fails then I'll maybe look for a short to come into that 200 EMA on the 15 minute let's have a look on the 5 minute even yeah I can feel myself looking to get a HT in on this trade which is not good but I wouldn't be surprised if it's going to come down into where you're actually saying it into this area here which would be a really nice trade into the 200 EMA so you're looking for the short first yeah sounds like I'm like selling myself the short idea because I'm not definitely not going to go long on here and the only the only obvious trade here would be uh a short we've had this attempt to go up once another attempt to go up now we've had a breakdown hit to the 50 FIB the best trade obviously would have been there we're not going to get that at all um and where's the 50 FIB as well if we have a look at this this leg [Music] H I don't know I'm probably going to be staying out of the market I think for this session there's nothing really stting out to me I'm not sure about Euro I'm going to be looking for it but a looks much better I also usually compare I said it before as well I usually compare them so a USD EU gu and see their overall bias and for me all of them are long the difference is that for GU I don't have a good RIS forward for y I wanted to little over and a is just it just just good really I really love that one so yeah I'm gonna be holding on to that it's super bull super bullish structure I really feel see now that's the thing with this chart with au I clearly see a really good Target that that is for me is a really nice Target you got all this consolidation price is clearly pushing up it even came down to retest that area of Demand right there like this chart is Super S got super amount of momentum so for for a long up into that area is perfect but when I look at e EU it just doesn't have like all it's hit everything to be honest so that's a really nice trade you've got on Au to be honest yeah I I think it's going to continue a little bit but EU yeah I see what I see what you mean let's let's see and you definitely look safer there was a question um about well actually we got a lot of questions chat as well don't tell Jonathan that I've been neglecting everybody on the chat uh I'm not sure can I can you pull him up can you press that I don't think so I don't think I can I was think thinking about there how many swim points do you keep adding to the profits there was a question in the chat um do you mean how yeah thank you so when I add to the winning position right I add half of my initial uh size so if the size was for example five Lots I would add two and a half right if the size is 10 Lots I would add five and so on so I keep uh cutting half every single time I add to the winning position just to balance it out uh because like I don't want to risk it going into the negative I would rather keep it around break even break even I still I'm willing to lose the profits that I had for the more potential profits but just not necessarily getting the full stop loss just because I was adding up to to the winner you know what I mean so it's every single time half and when I add up to the position it's when it breaks the volume so for example here with audusd we can clearly see that was the initial one now when we had the volume here and when it broke through the volume that's when I add another position so I only add to the trades when it breaks my previous volume because volume acts like a wall that is supposed based on my strategy keep holding the price right and if it does then it fails then I'm going to get out of the trade but I'm not adding the trades you know I know the Trad Traders sometimes add just like every single like such amount of points let's say 20 Pips every 30 Pips uh that's not what I do I especially wait for the new setup that otherwise I would take as a separate trade if it makes sense don't temps me don't Don't Temps me today okay bro so we have actually Anastasia has actually been through this already if you go back a little bit in the Stream yeah we literally uh literally went uh went over this yeah we talked about it what is your outlook on crypto then what you thinking with uh with some of the crypto moves things like that what are you in I'm not a crypto person you me now to get in some cry I do have trades running but I'm not ever sharing them usually because uh it's not necessarily that I'm like a it's not my specialization let's say like this as it I thought you like a full on crypto geek you know like you got me Jonathan wow all of us are pretty much crypto geek Jonathan's probably the worst oh I been hurt in 2016 I have still the backfire from there I was in crypto I started my trading Journey from crypto and then the first dump the ever fell I'm like I need something more stable than that and funny enough I got into binary options after that and that was compl I know I know wow what an industry guys oh my God never yeah no primary options was like what like cfd on steroids basically there was so many of these companies as well wow that was a dirty industry man that was bad buying the options was yeah wow so you you got you got into some like a lot of Leverage quite early on to be honest 2016 was yeah I know but if I would have the brain then and would know how it turned out but you know how it is we always WI wish we would know we would knew it you know but that's not how it works you know what if I just because I got into crypto 2018 if I would have just kept what I bought and not done anything not trying to trade not mess around not thinking I'm smart and buying nfts you know let's not even go about how much more money that I would have right now I think we trade and we mess around with Investments where better to to keep day trading and stuff account you for sure no but I do have this uh couple of crypto ideas that I'm I'm currently in this is a ray actually so this same exact thing I'm just gonna stick was it for the for the session I think uh we had the move to the upside we had the consolidation we had the wow exit and then this is the trade and I am quite expecting it to go far um with the leverage in this one as well so the Futures uh so that's huh that's a super clean chart like super bullish chart as well yeah this is this the only one that kept going up um pretty much similar thing right so and if you look at the high time frame exactly the same ID and this is essentially why I was buying it also on the spot because well the push consolidation push retest almost to the volume backs and then move to the upside again so this is uh yeah Ray and another one but that is in the loss now is this one it's not in that engine keeps UPS yeah it keeps testing my patients but it is above the volume So based on the strategy I'm keep holding it but I'm most likely going to cut part of it when we are at 415 41 Z here where's where's your your entry on that one uh here at 3620 so this one is running in l l for me look wow you've picked some really do you know what I haven't even seen some of these charts Ray or this one these are really really nice charts yeah really bullish charts really really good ones yeah they survived the whole know helicopter when the Trump became a president now but it was it was quite good I am expecting a lot from AUM not going to lie as well it's also around my break here now I'm waiting for it to go up exact same like ethereum is just it's just not doing anything just move already you know let the mar when it's pushing like with a stick you know yeah that this is how I feel about it yeah yeah but the principle is the same the only thing that is you know here is consolidation so it's exactly why am I why I'm holding it we had the push we had this consolidation here I'm going to zoom in it's probably not visible at all so we had this push to the upside we had this consolidation exactly the same setup we had their exit and then the price returned into the consolidation area so to be exact I was entering right here and then I'm still in this while it kept being Consolidated but it is what it is I do think that ethereum is going to go up looking at their you know the Outlook from Trump as well yeah loads of ETFs as well been coming out yeah so like um approvals for ETFs which is going to be huge well I've been stuck for 60 days in a long run ethereum and it's just come keeps coming back to break even and not 6 days 68 days yeah I've literally this this this is the trade it's first went up into really nice profits came back down and it hasn't done anything since FTM I actually closed out yesterday I was one of I actually capitulated I had to it was just ridiculous this chart just looks so bad all I've rid it all the way up here just to ride it all the way back down which was one of those things near as well one of these charts that's why I said your charts your picks look really good because my pics are just I'm just really conservative on crypto to be honest with you so I'm really picky yeah it's like the ones that you showed like Reay is uh it was this wasn't it yeah yeah this one there's nothing there's nothing bearish about this chart like there's literally nothing bearish about this chart that is just that looks disgusting like who who who trade who wants to trade that near as well and ethereum well ethereum is kind of I do I do think the we're gonna have that more consolidation and then eventually that yeah it's all you know it all looks it all looks good but unfortunately Bitcoin being where it's at unless Bitcoin just keeps pushing up not doing anything so yeah but you know I'm waiting until Bitcoin stops pushing up because then the liquidity is going to go to T and from them I'm then I'm expecting the altcoins ray was just an exception out of it so I'm rather waited for ethereum to go finally up after Bitcoin stops and the percent you know of capitalization goes from there to here I'm also looking at potentially the short uh between those two so the BTC to a term short um but then a little later again I'm waiting until something starts happening here because otherwise now it's just bad right yeah what what what do you do to like pick do you have like a scanner or do you what's your process of looking for projects I'm uh again I just rely on some things that I read here and there and then I just look at it myself and I determined by the like price section to be honest with you I am not the person who like reads what the kind of project it is I do it for stocks but I don't do it for crypto crypto is just really technical for me um I guess a little later perhaps with Trump we're g to get a little more sense into it but I kind of see it as all very manipulative Market you know like 99% of it just doesn't have any value it just really value because we value it as much as it's cost you know what I mean yeah wow yeah that's true yeah I try I try and defend crypto so much when I speak to my friends when they make this exact comment and it's just unfortunately super true so I I mean there are some right it's not about the Recon but uh for me salana salana ethereum you've also got you know I'm pumping up my bags yeah near really good really good project there yeah but uh it is one of those could you show an example of how you analyze a chart usually like what time frames do you use what pairs do you trade yeah of course so I mainly trade only uh major currencies and oil and a little bit of gold so I do love in oil Yan sent me do you did you catch that there was a nice short I think uh nice short no I didn't take a short I'm for long actually so since they're talking about oil let me let me show maybe how I analyze it so if we are looking at oil in general right so actually this is a bad example of the overall analysis but anyway uh I'm looking for oil based on macro because I am expecting because of the Trump oil going up and there is the simple reason for that there like there are two sides of the coin you can look at it because he wants to increase their independence of us within the oil space right so they want to produce more oil like drill like oil you know supplies in the sea and everything but it's also because of his tariffs and because of the potential trade War I'm expecting the overall supply of oil around the world to be lower and because he's going to be investing in the infrastructure and a lot of B like business is within us it's also going to increase the demand within us for the oil so I'm actually expecting oil to go up because of the Trump and what I'm waiting for I usually start with a high time frame uh to determine my volume levels but I'm going to show it a little later from the currency purse right now I'm going to go immediately to the 4-Hour time frame and on the 4our time frame what I specifically see here is the following now oil has been consolid dating for a quite a long period of time from September till the end of December now if you look at the seasonality there is this thing that is called the season a it's 30 days free everyone can just use it it's just a tool that create that shows you the seasonal patterns uh it's going to show that from the end of December to the beginning of February oil is usually bullish yearly by yearly in the past 10 years 5 years two years however you turn it so this is showed that okay oils should start going up now since we have huge volume here I'm not expecting oil to go any lower than this because well it's been here for a while a lot of big players accumulated their positions here uh and uh you know enter the buy so they are most likely not going to want to see oil tanking below those levs so we have the micro aspect which is Trum we have the seasonality aspect which usually from the end of December till the beginning of February oil is bullish and we have the huge consolidation and exit to the upside as a sign that this was a retracement from you know bearish to bullish uh I also see the potential continuation to the upside because that was the reason recent highs and the recent Highs are essentially for me their recent cell levels here is where the majority of sellers were entering trades now if buyers were strong enough to breaks through this levels this is means for me personally that the chart is under the buyer's control so now I have the four hours confirmation as well that we are bullish and if I go a little lower we're going to see exactly the same pattern that I was talking about today which we had the push to the upside right from here we had the consolidation and we have the push to the upside so easy gas I'm waiting until the price reverses here to start buying it uh for the long run as well so and here we also have the point of control which is the uh monthly so this is January one also the weekly one so the majority of volume for the past 20 plus days was traded here and since the price pushed to the upside we can take the conclusion that majority of the volume was bullish so there was there are big buyers that we're buying here stocking oil so again I really doubtful that they're going to want to see their big positions going to do the negative so I'm looking for buying oil I have this pain in order already for a couple of good days uh right here at the 7450 L spread right and 72 80 70 actually the stop loss and then I'm waiting for 8130 and 8540 again it's a swing trade that I'm waiting for uh 8130 why because the same pattern that I was just showing for the rotation we had here so the price pushed to the upside we had the consolidation and then the push to the downside which is the volume so this is the first volume level I'm waiting for the price to reach um specifically around 8130 is conservative and a little bit more risky if like I will want to hold it as 8220 and then the next one is the next volume level on the retracement which is 8540 so to summarize it a little bit I always start with high time frame I normally start with is even daily to see the volume distribution but in this case since daily is consolidating I'm starting four hours and then I see to put it very simple where is actually the volume below or above the price right and if I there is a simple tool for this on trading view which is called the vvp visible range volume profile one second I need to delete all the stuff that I'm not using so visible range volume profile and if I'm going to pull it up and I'm going to see the volumes right I'm going to see where is the majority of the volume for the past year uh since the end of since the beginning of September right the majority volume will be right here because all of this of the pl accumulated recently it's not yet there right there is no there's the volume is seriously smaller which means that the price is most likely bullish and then I go to the smaller time frame and I do exactly the same I'm like okay where is the next big volume area and the next big volume area is right here so if the price comes here most likely it's going to be retracement and if it hits my stop loss here the next buy I'm going to be looking at for is going to be here also for the long term so my whole trading system if it puts easier comes down to the whole overall analysis where is the volume above or below the price and if it's above the price I'm looking for short if it's below the price I'm looking for long if it's somewhere in the middle I'm not trading it so you sold me the you sold me the the long opportunity on on oil to be fair I'm I really love oil really good stuff and uh it's a little bit sometimes volatile so you know stop lesses need to be really generous here but I me if you do let it do a thing you know then it really runs good so I'm not short on it I could have taken a short here but it was quite risky because of the overall my macro outlook for for Trump so you would generally like position trade your oil your oil trades like how long yeah depending yeah depending like how long do you keep would you keep them open obviously until they hit take profit or but generally how much time is that because these are quite quite big trades like uh oh it's on a 4 Hour it depends normally normally majority of the trades are closed within let's say two three days but this one it's just because well Trump became a president so the Outlook changed a little bit so that's why it's bigger you know take profit I feel like the longer the consolidation as well like the bigger the harder the move it's like that looks like coiled up price action for how many like for a few months like it just looks like it's just accumulated accumulated accumulated now a really big strong pushup and I don't think there's much to to stop it unless it comes back down into that range and then like you said pushes back up but volume profile man makes it super easy just to seal it really does it really does now for example for let's say GBP us Z right let's say um because this is this is just easier to see that my overall outlook on it so I again normally start from the high time frame right and then I check okay where is the biggest volume well I can already see it's up but just for the purpose of actually making it clear I'm going to again add the visible range volume profile well it's up right the majority of the volume is here so for me until we break this I am mainly going to be looking for their this or but this is a weekly time frame so that's quite a long time now another one I see here right so we I'm essentially waiting for the moves in this we've lost you not muted no probably a cable to be honest or maybe the cable indeed it's working so weekly or daily time frame helps me to determine my range of trading so how much can I expect from this particular asset in terms of Pips move you know for the next days to come because I feel it's quite important because sometimes we expect too much and it just doesn't reach this target with a few peps it's so disappointing it's so frustrating and sometimes you close it early but there was a whole bunch of peeps that could go and you just sit there and wait until it actually hits twice three times bigger Target than where you craw closer so uh daily and weekly helps me to determine the range where I'm going to be expecting it trading I'm not going to be expecting it to go further anytime soon I'm not going to be expecting it to go low Until It Breaks through and retests it so I'm I have my approximate range now going 4our time frame I'm going to do exactly the same thing I'm just going to go and get some water guys I'm going to leave you with an try to take care of you guys so uh on the 4 Hour I exactly the same things that I see I'm looking at how did the volume go distributed here from the high to the low on this move to the downside and what I see also the majority of the volume is up right it's here and it's here so let me just delete all this Mass drawings and show you this something a little clearer so we have this area here this volume and we have these two areas with volume now from price essentially goes from volume to volume because volume is like a magnet and at the same time is like a wall it's not going to let the price break through it easily at the same time the volume is money right so the volume attracts the price so if the price is away from the big volume Zone most likely soon is going to go to it so I'm expecting again this is my range right the blue lines are my range how much I'm expecting the price to move and we see this range also determine it so here is a volume here is a volume the price is closer to this one down right it's closer to this one so I'm expecting something like this [Music] happening because again I'm waiting for the price to move from volume to volume if the price is closer to one volume I'm expecting it to go to the another volume if the price would be in the middle here I wouldn't be trading because I would have more or less equal space to the next volumes above and below which gives me a low possibility that I'm going to guess it right right because essentially we always have 50/50 chances of the price going up or down using the tools that you use you're just increasing the probability so I increase my probability using volumes so if the price is here and this is the bow of volume that I'm looking at the next bow is here I'm increasing the probability of the price going higher right but if the price is in between two volumes well my probability is quite low so I'm just going to stay away from this kind of tra make sense guys let me know in the chat makes so much sense am amazing I I can't pull up your comments unfortunately unfortunately cannot pull the comments to the to the chat to the screen but I'm going to be read than them okay yep close it gets to the point of control as a magnet it should reverse makes it easier to find the sorry guys for that yeah it does make it easier to find the support or resistance just because it's not an abstract anymore right you're not abstractly abstractly fine in support and resistance anymore you actually see the reason why the price should go up or down why the price should reverse right and this is what makes trading easier and this is what gives you more confidence when you know why the support and resistance is there why is even support and resistance in the first place not because I draw a line there that the price might reverse there but what's the reason well for me the reason is volume for someone else the reason is some something else right it can be aut blocks it can be you know whatever foodprint for example that I also use but uh you need to see the reason not just because you draw the trend line the support or resistance line but what's behind it yeah gu on the 15 minute time frames looks exactly the same if we look at it right now this is what I've been saying in the beginning of the session I have my perfect setup right here essentially right we see that the price reached the point of control so I'm expecting the price right now to go up or correct to the next volume and go up so those are the two setups that I would be waiting for right either something like that or something like that so either like this into to the upside or then if the price goes lower than from 030 for example 25 pip stop loss and then to the upside so that's my 15 minute outlook for for gbpusd but essentially the any any time frame Outlook is the same yeah yeah that level that you've got on there what price is that at entry point yeah no the price your second level where the majority of the volume is yeah what price is that where you've got the level it's uh 23 to 22900 like [Music] this we got such a sassy dog in the office she she used to be so relaxed and now she's just like taken over like she's taken over the place I literally just had mind working like come on I'm on the stream you know that's a that's a no sorry sorry for that guys could you explain why you take volume as your target I if there are more than one high volume zone I'm going to take the closest or the biggest volume Zone meaning if for example now let me show an example here right if I take this move to the downside right and essentially let's look at the volumes I have the volume here that's going to be that's going to be my first Target the volume here will be my second Target and then the point of control of it so I'm going to be looking the biggest volume is obviously to the upside so this is my main target so what I'm going to be looking at I'm going to be seeing here on 5 minute time frame the confirmation of the reversal and if it starts per verion then I'm going to at least move my stop loss into the profit or close a trade the same thing I'm going to do here but my main target that I'm going to be aiming for is going to be 25 uh 200 25 to 50 so and why I take volume as a Target well because volume is money right like what is volume volume is asks plus bits it's all the orders combined that were executed in the market Market which means it's money in other words right it just means that someone invest a lot of money there so the price automatically goes where the money is because it's liquidity I think there might be a nice trade short on a one minute on on kiwi Yen not a pair I normally trade but just [Music] you going to pull up the chart yeah sorry about that no I just staring at I think uh I think I'm I'm just yeah I was just concentrating on see totally totally totally forgot about the I just keep talking you know when I'm kind of AG you know while you're talking I'm just going to go and go and get a glass of water and and eat something quickly don't know it's it's like mid the midweek uh the midweek like get a bit tired the midweek me anyway uh okay so what am I looking at so we've had quite a long uh hard pushup really nice bullish price action we've got a lot of air between price we had quite a big imbalance but we've had a lot of air between the EMA the 21 EMA and where price is at the moment we've also hit an area of Supply this is the first time it's actually hit it so we're going onto the lower lower time frame we could just okay so that would be just put a small position on and we'll aim for the 200 [Music] EMA so small position just cuz I'm really I'm just pulling this trade out of nowhere yeah because there's just nothing on here but this if there was going to be anything then this would be we'll see what Happ NJ yeah NJ if it comes if it starts coming up just a little bit I'm happy to get into another position at the 50 the 505 right here what what it's doing I'm happy to to lose a 100 100 bucks on this CU it's just not something uh not something I normally trade Alex you don't check us3 gold to be honest gold is just I don't really fancy longing gold and I don't really fancy short in gold at the moment I don't think you know gold is until it starts doing some let's have a look at gold just for the just for the sake of the stream I just don't see the good entry and go just yeah I don't see the risk to reward really I don't mind trading that's not really prized action I like in any time frame really [Music] no it's always tricky when it's on the alltime highs right it's like I mean it's like what you okay you're going to short it in alltime Highs but it's got so much and the geopolitical stuff that's happening all over the world you don't know what Trump's going to say this and that and it just flies up everywhere I really at the moment I don't see trading gold is just not for not for me no me neither because I'm not going to short it obviously right but going long also when it's already went out so much up I mean I prefer to wait for the pullback first and then after the pullback starts start getting the position because otherwise it's just going up right it's the same with indices sometimes I mean it's it's great move but when do where do you have an entry you know look if we start breaking down we do something like a slow breakdown here underneath that level a retest into let's say because this is consolidation you could say a point of control would be somewhere like that and then that would be around about a 50 fib and then you could probably get into that kind of that kind of short but as well it's like yeah no I don't see I don't see see uh any trade idea on on gold at the moment no to be honest I don't really see many trade ideas at the moment except for this prob probably this scalp which is barely any volume on it anyway just because it gives us something to look at I guess it's uh you know the same with your 30 someone was posting it in the chat I would wait for the pullback because right now it's just up and it's getting closer to some of the volume levels as well like this consolidation that was on the top so I also wouldn't wouldn't get in the trade because again this is what I was just explaining Alex when you went to get a water I don't trade when the price is in between two weig volume zones so it's in the middle because you know it's always 5050 chance that the price goes up and down just if the price for example pull backs pulls back here or here I'm just increasing my probability that the price is going to go up because this is the bow of volume and the next one is only here but if the price is in the middle like it is right now I have equally chances that it's going to continue going up without the pullback or it's going to pull back and retest the previous volumes before going up this is just from the technical point and then we have Trump uh which go really like in your 30 obviously get really affected so I would stay away from that just because not technically not like from the macro perspective sentimentally we have any kind of increasing probabilities on one of the siid yeah gold 100% the same was gold I mean it just retested the volume it's like but still yeah it's yeah I don't see don't see any value there to to do it like you can push for a long but where you going to where is your targets going to be yeah for sure it's not really showing anything short so it's like you're longing something that is it pretty much alltime highs or you going to short something that it's like probably not no I'm definitely would go along but I just don't have an entry point you know I you you'd wait for Price first to come down to like a cluster volume and then you you would likely go yeah I have this theory that something that goes up is likely to continue to go up than reverse uh so I'm just telling this to myself to just not not get against the trend you know it's just some selfconvicted [Music] Trump volatility huh come on something exciting happen well I shouldn't be saying exciting I shouldn't really be too excited when we're trading but how's your trade it's oscillating but in my entry but it's like the thing is with trading rooms as well it's because you're in front of people and you want people to actually be entertained and have something to look at as well sometimes you like kind of try and find and push kind of trade ideas just because just for the just for the the the stream and stuff this is still still an all right pattern you know you've got this kind of rounded type of price action it's come back down to the EMAs it's already extended up extended from an EMA there so it's not the worst it's not the worst um trade idea but I don't I don't normally trade it like this I think it's good as well put in just practice even if it's you know practice on certain P patterns with low volume as well it's also uh it's also quite good but maybe I could buy myself a coffee afterwards with uh with the profit that we're going to get let's have a look how much would that be that would be what like 60 it's a pretty expensive coffee but you know T is pretty expensive so [Music] looking at some questions because we did have some more were say it's funny because the stream yesterday it was super entertaining because it because we had trades open and there was a it was really fun I couldn't stop moving for the whole uh for the whole session yeah that's something that you cannot push as well right and I mean I get that when you are on the life you are more inclined to take traits but uh yeah then it's not always so good I'm just I'm just really trying to stay stay you know patient of some of the set up you can go and get some water if you want Anastasia I'll I can hold up the for if you want I can't see what pair you're still looking at Alex and an I can't see what pair you still look at Anastasia so I'm just looking at kiwi and Anastasia is on oil oil yeah but also um what I was actually looking at is ero USD we talked about with you earlier I didn't end up yet taking it but what I'm looking for is it's coming closer to our volume very close in fact yeah that really did it took a nice push to be fair I uh I did notice that so it's actually getting very close to this volumes if it retest this I think it's going to be a nice interesting idea to have I don't think today we would get that that kind of rever that kind of continuation though I think that's something that would more happen like tomorrow I think we've had most of the the move out out of today probably yeah most likely because it usually is the the the best moves the smoothest moves are still in in London right if it goes to EUR USD then obviously now the Trump effect but it's more double right it can go up and then reverse back to the to the break even but I'm still looking for the ER USD in there it looks really good it's the same setup right we talked about the push consolidation and move to the upside and pull back to the point of control here oh well this is pretty much the same thing that is showing now so this is the volume Zone that you know I would be looking for the continuation from so I'm going to see on the five minutes if I get any confirmation I'm not going to go just by limit here because it's also the beginning of New York like you said yourself so but quite interesting let's see discretionary Trader that's what it makes you mate but nice nice profits bro nice profits John you've got your caps on but we will uh could you please explain how you use a volume range on the right-handed side it's just the settings I think you can just put it on the left-handed side as well if you want it's just a setting I think um actually yeah well really yeah you can but the thing is this one which is a fixed range volume profile you place essentially by hand so it's a manual placement right so I usually play the the one that is fixed range volume profile that I just showed from the low to the high on the impulsive move to find the point of control of it or from the high to the low right depending on where the price is going but since I'm looking for the continuation to the upside I want to see how the volumes are distributed here to be able to determine where is my entry and then size of Correction and possible continuation now with the right side is a little more tricky because it can play for you or against you depending how you use it the right side is called the visual visible range volum profile we withp and now it's shows you how the volume was distributed on the whole chart that is open in front of you and it can be tricky why because if I'm going to zoom it out like this it doesn't show me the RE relevant information anymore especially like like this right because this volumes that were traded here all this stuff here was already covered the price already broke above it which means all the volume zones they were already like all the volumes that were left there like potential pening orders that were there they already got filled in and they don't have any more value in terms of decision making because the orders are not there yet anymore right so they cannot affect the price anymore so the VIS visible range you need to make sure that you only see the recent moves of the price in this case this whole move to the upside for example or this whole move to the upside to determine the actual steel ballet open volume zones where there might still be pening orders of some sort that can stop the price otherwise this information is just already irrelevant so when I use the vvp which you see on the right side I make sure that I only see the recent price action and how the volume is distributed over the recent price action which in this case for example is this one right so I think that was a good question actually to ask because if you use it from the too much period of time then it's not going to show you anything relevant and then you can make decisions based on the volume which are well not there yet right and then the price is not going to respect that any longer New York is not open yet it opens in 10 minutes yeah mistaken so we should have a little bit more movement and action he current trade I've got openers come against come against me let's have a look I said I'm willing to to lose a $100 on this punt broke down and then just came he sming SM oh okay spread you you are not good the spreads on Yen don't be trading kien the spreads are not good no a I really can't stand Yan that was such that was such a smart like what is he actually doing right now oh yeah I I really can send Yan Pierce up to their J like if Japan messed up their interest rate for the first time it's been really going Dam is it just made where oh hey you asked for it you were like I'm willing to lose $100 on that yeah fine I I did ask that I Played with Fire you know getting into a trade that is just like mediocre but you know but uh yeah whatever we'll see what happens when New York opens but unless something actually some there is some volatility or there's something maybe something happens on Euro or or pound let's a Alex can you pull out this last comment on the screen someone yeah thank you so I said it but I'm going to show it again so I have my indicators you go and you type PVP this is a periodic volume profile it automatically draws the volume profile on the selected period of time so now I have the weekly one which means every single week is going to automatically draw the volume profile for me here we go right so I have three of those uh one to daily time frame one for weekly time frame and one for monthly time frame uh but I do remove my volume profile and I only leave the point of control because otherwise it just gets too much stuff on your screen and you can't see the candles anymore so I do use use their inputs one week day or month then the total volume the value area I leave at 70 and then the numbers of rows you can either do numbers of rows 500 or the tick pero and one depending on the speed of the internet one of the other is going to be uploading faster but both are going to be good and then In Style again you click on click the volum profile depending on what you prefer and then the point of control and eventually also the developing point of control is something that I use uh extra but you do want to have the point of control preferably for all swing time frames daily weekly and monthly and uh just make sure that the try that um color is different because otherwise you're going to be lost in in what you want and then I have three pvps and I have one vvp also go to indicators just typ vvp here it is the one on the right side I just explain how to use it but essentially the settings are numbers of rows either thousand all the tix perow one going to be exactly the same and then in style you want to make sure your volum profile is on you can change the colors of that and you want to make sure that only your point of control is on I don't use value area although that I know some people are using that I don't use it at all so I use a point of control developing one volume profile itself and I also do use the fixed range volume profile when I want to manually place that somewh right so that's that's about it it's interesting because Euros come down to to your level or come down to that area yeah I did what are you what are you thinking now it's coming down to to that level you're just going to wait the what would be your signal for something ah it still hasn't reached it I guess no it's almost uh yeah it would be if it would be reach it would reach here and start revers and that would be the signal now in this case I would be looking for the price to break the high I potentially get a pullback if it gives me like a small head and shoulders with a break of the high then I'm going to be buying it because usually like this it still might come down lower especially if like I'm going to Let's zoom in if I'm going to place my volume profile in the opposite side here is some volume so it still might come here so I'm not going to rush it so either this or this yeah I think that's a solid uh solid plan to be fair yeah guys volume profile is only in the paid subscription but I like to say that you know trading is something that you want to invest in obviously if you want to have it start paying you all so let me double check something because the fivs we've just come out oh I don't know if I'm going to be allowed to show this let me just double check something because we just come out with a new tool that is going to allow you to use charts like trading view but within your Hub let me double check oh that's nice uh yeah give me two seconds while I just find the find the link and I'll pull it up no I'm going to explain now what I'm waiting for EU someone is saying bye no I'm personally waiting until it goes down no here one 40 or in other scenario until this happens so either until the price goes down or it goes breaks this and then the buy so either this or this way okay so I'm going to show I don't know if this is out to the public yet it will be soon I think it's still going into a little bit of testing but I've been playing around with it and it is really cool so let me make sure I'm picking the right thing okay fine so this is going to be in your Hub so we've got new profiles in if if anybody snitches on me and Telles marketing that I've showed you this before they've done it you know I'm not going to be happy but this is what it's going to look like this is called Trader talks you're going to be able to publish your trade ideas so let's say you make an idea you can publish it it goes onto your profile it is actually really really really cool but if you don't want to pay for trading view what you can do is you can go onto your fivers Hub you can open this and you can have multiple different types of charts so let's say if BTC you just want I don't know uh Euro USD for instance you type in Euro USD and then it will come up with EUR USD there are a couple of little bit little bugs as you can see but that's why it's soon to be out to the public let's see if we've got let's see if we've got a volume profile in here if we've got a volume profile on here this is definitely a game changer let's have a look [Music] so we got all of the fibs we've got everything that you would normally have on trading view I'm going to ask them okay we got a range as if as if so we've got let's see how this works let me first get rid of um get rid of the water marks what else do I want get rid of no so that's not a volume profile is it an volume profile so you could do volume profile but it doesn't seem to look and if you click on the settings does it show their amount of tick or something no let's have a look while you're on the settings on the actual chart or no no the volume profile itself okay [Music] no so that don't come up so there's are there's probably a couple of bugs on here that's the reason why they didn't want to show anyone but um I'll tell them about that but I think we're going to have at least a range volume profile so like on trading view you'll be able to click on a certain area let's say an area consolidation where you want to find the point of control all of that kind of stuff and then it will just it will create that create that for you so youd click it you'd go like that and then it would find you obviously where the point of control is where all the volume is but I'm actually going to write that down because I don't think anybody has looked at that yet that's good and that's going to be included in your guys fers back office right yeah so you can use it you don't have to use trading view then as well you can export it you can do all of these you've got indicators as well you can save your indicators you can add indicators um then you've got you've got loads of different free indicators however you want to this is that's kind of crazy you need a big screen for that but you can also do your analysis I know we're going to do lots of things with people that have got good analysises we're going to bring them onto the live trading room maybe there's going to be some incentives you've got the trade talks with other people that have done different types of ideas so this is Yan's idea which you can see he is uh what has he done so usdn on the daily chart is hanging between EMAs 9 and 20 the EMA 50 below yesterday's candle was closed as a dogee so he's definitely looking for a long I would say um shows percental reversal after after a few days of downtrend yeah so you need is looking for a long um that is my no that's somebody else who who's is that so anyway really cool tool guys that's really good someone said fivers are the best for the reason exactly that yes exactly that right this is this is awesome because sometimes what is really missing is to be able to share the ideas with someone and it to get another perspective also to just see the other perspective of people well ask questions as well you know because I mean a lot of you know stuff c videos on YouTube and everything but sometimes we just don't see what we don't see you know you don't know what you don't know unless someone helps you to see it it's quite difficult sometimes to get rid of this mistake that keeps coming back and what the Fus are doing now is actually helping you all guys to get some other perspective you know and like this is going to help you to get better in training much faster I wish I had something like this when I started do you know what it is honestly the best time to become a Trader it is you've got there's so many tools there's so much information there's funding there's ass assets assets coming from every direction it's like if you want to actually be a Trader it's probably the easiest time ever the only difficult is difficulty is is that you have to have the right expectations that's all you just have to have good expectations and not go not go crazy for the money for sure no it's really is the best timing because I mean you remember right how it was like you had nothing I was using clunky these B like binance and buy bit and it was all clunky and every time and that was that I was still like a new school Trader yeah that's still like that's quite a lot of good technology for you know some people used to ring up a brok and use a pencil or something to do their chart yeah and I mean foundings like what the 5 perers are doing it it's just it's just creep right it's not even it's not even it's it's there's so much options for it as well because you've got Futures you've got stocks you've got so any type of Trader you've got something uh something there for them yeah I remember how to get the capital you needed to really like Leverage this you know percentage get really high percentage risk to get really high percentage return to get be able to grow your account at least a little bit to have some decent profit and it's really a massive you know 30-day time limit you know consistency rules there is literally you can buy an account and just trade it with piece of Mind as much as you want the only person that's going to blow the account is you no time limit no which is super it's it's super super nice uh it's it's refreshing if you want to be a Trader you can do it as long as you put in the time on the charts EU looks what about what you think look at that yeah what you thinking that's us open uh yeah what I'm thinking is is if you go closer look uh five minute Dynamic point of control moves up I think it's uh time to go lawn uh on EU for me so I'm going to be waiting until it is right oh maybe I'm not going to be waiting right now and uh yeah for approximately 25 peps I'm going to give it oh that's perfect that's exactly what I wanted to see and then 25 Pips I'm going to give it as a room stop loss amazing great yeah I'll be looking as well but the same for for long I'm not going to push it too high because I want to be closed out so it'll be more like a a scalp if we if we see let's say if this is going to be a left shoulder if we have a nice little pushup uh break down and it's not breaking underneath this then I'll get into a long there and I'll look for either taking profits at this level or at this level so that would be the plan that I'm looking at now we've got now we've got something interesting going on now that's that looks really good that looks really nice cuz uh here you see there's two high profile high volume notes so one is uh 118 another one is 130 I'm sorry for this guy he keeps barking today 118 one 130 and then H we perfectly got this one entry that was a big bark that one he was getting angry at you big protector of the house yeah let EU USD cell true DJ wants to touch D level it seems New York open you never know the the boot camp challenge is normally around when we do events and things that we want to get lot of Traders involved it will be back soon give it a couple of months there's a lot of stuff in the in the pipeline um but it's not something that you're going to be able to to buy it's going to be for events and things like I said but it is uh it will be available as long as you you're on the email list you're paying attention in the Discord for announcements and you come into the live trading rooms you're not going to miss out I promise you okay it's slowly rejecting look at that that's nice it looks it looks it looks really it looks really good a really nice level really nice price action I just want to see a little bit of a facing out on one minute before I take this long but I really this is a nice trade so what you are looking for is a little re up rejection up here right and then a little pullback to see if it's not going to break through yeah yeah yeah my my stop you've got a nice it's going to allow it to breathe whereas I'm going to have my stop just underneath that low which is super tight and quite aggressive so I just want to see if there's the momentum there as long as we've got that momentum I don't mind having such a TI stop yeah know I'm uh a little more you know conservative on my stop especially they on the New York opening yeah to give it a little more room yeah no it looks good for now goes really good so the same with the GU if I'm not mistaken it actually got too yeah gu looks uh looks the same yeah it does it also did get back into the volume but there is a little less momentum here so I'm going to probably stick with EU for now agreed yeah no EU looks better okay and what my what my oil is doing I'm waiting for the oil already here we go again you see I'm still waiting for it to go a little lower volumes are above right now so I'm waiting until the price uh this volumes here go slightly lower cuz until it's consolidating again I'm not going to get in the trade uh so I want to see this broken first and then potentially something like this happening so again a little Head and Shoulder perhaps SPN with a volume like this consolidation being the left shoulder like something like that I want to see happening to start the move to the upside and then I'm already going to be more you know happy with trying to get in the buy because as long as we have this consolidation here we have the rejection from it then I'm you know and this then also this one is going to be under the price then I have kind of two reasons why the price can keep going up in this volume and this volume so it's gonna play like I'm going to play it safer what what kind of characteristics does does oil have because let's say like the Dax just coming back and doing retests of Prior levels before you know lots of break and retests let's say gold loves to take people out and like do deviations of the ranges and then continuations what kind of characteristics somebody that is new to look at trading oil what are those nuances that you you found trading so when trading oil first of all it does come back to the entry point some like quite a lot of times so it does ret same level a few times which means I move my stop L to break even less past so as for Curren I move it when it's one to one for oil I'm only going to move it when it breaks the next volume Zone let's say in five or 15 minutes just to make sure that okay if it goes back it's because it's inv valid and not because it just wants to take me out and my break even before continuous to my profit yeah and secondly it does have a high volatility it's still a high volatile asset so I always give it 40 to 50 ticks uh room so for oil it's 40 to 50 cents in the oil price so let's say if I got in the trade at 7550 I'm going to look for the stop loss at 7510 or 7500 not less because again because of the volatility unless you trade it on like a super small 5 minute time frame using I don't know sculp Dum for example uh where you have a really precise interest on like this I always give it a little more so I think this is the two things to watch out for and it always moves around 3:00 uh like now Central European Time because it Market opens at that time for oil so it opens together with gold in us so usually if it's not in consolidation and it's going this is the moment when it's can take you out it can do kind of czy things like reject leave big weeks go you know reverse and then continue so around this time also I'm not getting in the trade so I either wait like half an hour after if it's at my entry point because I know most likely It's Gonna Leave huge weeks there and here and then only I'm GNA be peacefully getting back in the trade so yeah that's uh it's super important to know super important to know if you're looking to start a new asset those little details especially if you're somebody that's putting your stops to break even a lot it's really important to to to know these things because otherwise you're just going to start you know right like ruining your p& now just because you're testing something that you don't know anything about so yeah for sure to together is gold like I find gold also comes back to the same entry point quite a lot of times it loves I I the reason why I love gold because it really just where Traders are going to feel the most pain is just like where gold seems to go so it's like you can see the areas where you just look at it and you're like I have a feeling it's just going to come through to that level and then just take off and if you get that intuition you get that intuition right it can do some really nice trades and it moves fast I know like when gold moves gold moves it's it's it's why I think people love it as much love it uh yeah a love hate relationship with gold that many people have me included by the way I'm not a big fan of it really I got burned on gold so many times go on let's see what this euro is doing is this the momentum that we're looking for you yeah I'm just trying to see just on the one minute I'm just trying to get [Music] that it's not not yet not yet for me as long as we stay above this blue line that I have I'm good to hold it if it's going to go H say that again sorry as long as it stays above this blue line I'm holding it if it goes below this blue line I'm going to get out and get back in the trade and if it goes back above it so right now this is the dynamic volume profile it shows how the liquidity moves in the market and right now the majority of the volume is going up so Traders open higher and higher and higher positions um which if it stays it can be a good sign for bullish like it's doing right now but it also can be a sign that it's going to just you know consolidate here it can break it through and in this case I cut my losses small and I just get out of the kind of [Music] situations yeah this is this is what I'm I'm really liking the the look of this at the moment I'm waiting for it just to break what I want to see is it just break this level take this High then come back for a break and retest type of trade so something like that let's say because then the EMAs would also kind of trickle down this 21 EMA would rise up and then You' have that overall support in that area around the 50 the 50 fibs and around the 618 and then you would just do one to two rward ratio so you in for 11 to get out for six so just a little bit under I wanted to [Music] yeah so you're waiting for the break of EMA basically so for yeah I'm I'm like I I I really like the look what it's doing it's showing really nice momentum and it's showing this base as well so it looks like a really decent trade also from from off off your side as well like there's so many different Traders looking at different level so if it works out if it looks like a good level on the 1 hour or if it looks like a good level on the 4H hour or it's com to a 4H hour demand and it's looking good across the board then why not take the why not take the trade why not take a trade yeah know I really like the CU is trying starting to get some good momentum to the upside I even on the five minutes it's almost taken away taken this nice this a you yeah it's a you yeah e you so I just like the way that momentums are stacking up it looks like it's going to break it so anyway if it comes breaks back down I want to be out to trade anyway let's have a look [Music] you have a high stop loss yeah I good for the worst you know but that's why like if you've got a broker or a firm that has got like no spreads it's not a problem this is so good with the f I love it it's just no headache with this kind of things spreading execution as well honestly the execution on the I I place a lot of planning orders so I trade with buy limit and sell limit and on the fers I've never had an issue with P activation it just never happens even oil right sometimes oil is like such a huge spread on some things you know brok that I have but on the firers it's really good really nice it's also quite important as well you know as a beginner Trader you're not facing this extra issues because trading is difficult to know why making it more difficult for yourself as well as well people don't take into account like commissions and stuff if you're trading a lot of like lots of Trades you'd be surprised how fast commissions and spread racks up it's super expensive on your account if you're not careful it gets more exciting when you open a trade you know this what they trading room I why you think I was trying to open up one lot trades on but no now now this is like this is generally like a nice this this is a good setup so I don't mind putting like a little bit a little bit more on this but but if go the stop I would start suspecting that it's your fault what did you say I said if it goes to stops I would start suspecting that it's your fault the moment you get in the train you know yeah you know what I'm actually kind of lucky I'm quite a lucky guy I don't know why but I'm pretty lucky so most of my trades are just good luck good luck and a lot of uh a lot of practice okay so would do I class that as a break not really I want a little bit more of a pushup and then when it comes back down to retest this area then I'm happy to put on a little bit more size to then get uh then get like half a percent half a percent of risk on this trade so you want p a little higher than the PB two lots [Music] [Music] okay so now you're waiting for the pullback basically to get a little more yeah now I'll be waiting for any type of like pullback into that that lovely little box that I've uh created there while we waiting someone said there I've lost $1,500 because of great and heavy leverage well I've lost a I've lost 1,5 and buying five is challenges in instant funny every time I B I blow accounts from greed and heavy leverage you know what though that is the problem with a a lot of Traders and it's not your own fault it really isn't your own fault you've got probably a lot of stuff that you're thinking about a lot of stuff that you want to do and you're looking for trading to be the thing that gets you out and it's totally fine everybody's in the same situation you can't keep doing it so you either learn and just take it a little bit more seriously sort the EXP expectations out if you're really only here for the money I promise you there's actually a lot of other easier ways to make money and actually keep it trading is the only time that you actually come you put so much time in your an effort doing it and leave the next day in losses you know if you go into sales you can make a hell of a lot more more money and you can keep it as well for sure you know but you just I always say you just got to love it you just get a lot trading to be able to keep doing it because imagine doing something for the rest of your life that you actually don't like like you wake up and you anxious about seeing the charts again that's not what's something that is going to keep you going you know that's not something that's going to give you profit so you got to really love it but at the same time uh I think like I what if I would know this earlier it would cut me a lot of years into get them profitable uh and by knowing it I mean that setting yourself some kind of time frame to check with yourself not the timeline to get funded not the timeline to get a million dollar from training not a timeline to quit your job that's a timeline to check with yourself let's say you start trading you give yourself let's say 12 months right and you say okay after 12 months I'm going to check with myself where I am at and if after 12 months you are still like not doing well it means that you're not doing something right or you are not doing something that you know you're supposed to be doing not managing the risk right perhaps you don't have a strategy perhaps you are you know operating on emotions checking with yourself check as like what you are not doing that you know you're supposed to be doing and then give yourself another three months and then check it yourself again is because we as Traders hit our head against the wall so hard again and again and again trying to ignore these basic rules that some Traders are there for years you know 10 years and still not not making a single penny from from you know from being a Trader it's just because we are ignoring the simple basic things that we are supposed to be be doing on daily basis you know there was a quote that I really like the magic you're looking for is in the work that you are wiing wow you know and that's that's really something that I think applies so much to trading pretty powerful stuff there you go okay so added another three lots which is another extra 150 150 risk on the trade so that's 500 Al together I've noticed recently to be honest a lot of airs keep coming into this 618 number so even if it comes down to the 618 I'm still not worried the only reason I'd be worried about this trade if it hits my stop loss that's the only thing so we'll see what happens with this if it hits my stop loss that it's the half a percent risk and if it doesn't and it goes to take profit well we're going to be very happy I want trading is a game of self-reflection well indeed right trading is the best mirror the one can get like in this conversation with somebody yesterday if you if you want to know the issues you have in your personality go and start trading all of that greed all of that like Behavior like all of that bad behavior that's holding you back in other things in your life you will see it straight away so just uncover so much stuff about ourselves that we didn't even know exist you know in the first place it's like something that you only can see when you trade yeah I didn't know I was like super like I'm quite greedy sometimes with my trading and it's uh it held me back for a a number of years and that was also because of unrealistic expectations so for the guy for for the guy that was losing all of his funded accounts he spent this is a cheap lesson I promise you it's a cheap lesson as those habits cost have cost people a lot of money they've cost me a lot of money um but if you learn and then they just become stories that you tell everybody in Good Company you tell those stories and you've got over it and you you've passed it you have to get over those uh those bad habits yeah I wish I would lose only 1,500 when I was learning I mean obviously it is a lot of money you know for like like for some people as well for sure for me it was also really a lot of money but I've lost more than I could have afforded when I was learning how to trade I there was there there was a journal I found a journal from like when I first started trading and I written this journal that I just blew an I just blew an account um it was when I was trading crypto and some of the rules that I put down were not to use only to use 25% of my account per trade so what was happening I was using all of my account on a trade idea and I blew up my blew blew my account about that isn't it e i remember the trade because it was an eth trade and it was all at all alltime highs and I was shorting it with it was like a break retest continuation trade to the upside and I was shorting it without stop loss and then I was averaging into the loss there was a guy that I learned off YouTube that he was averaging his position and every time in a netting account you'd average your position the position would come further up to to a better price but I was like doubling my position it used it just got so big I had my whole account and it just liquidated me and it was it was absolutely horrible so but it was funny going back through that journal I was like what an idiot man like what are you doing so funny as if I used to think like that h how was it not that lar rking more than 25% of your account bet trayed yeah yeah it was God I I read it back and I had to send it to the group I was like that is so funny but that's how that's how we are as newer Traders we have these weird weird ways of trading and these weird expectations and when I started I had so many different indicators I had something called what was it do you know a guy called um crypto face on Twitter on on YouTube there's a streamer called crypto face and he had this this indicator that used oscillators and things and I was just oh my God what a mess but good stories to tell people yeah for sure I had a conversation with someone today actually who was like okay if I have a $10,000 account and I'm only going to be making 20% every month no I can get to 100 okay pretty fast right I'm like how long have you been trading like I'm keep I I'm just learning it's said well 20% and every month it sounds like blowing an account pretty fast for me right because if we set a time like a goal for ourselves that we need to be profitable every single month to do this amount of money every single month just gonna lead to nothing but just complete account liquidation the end of the day yeah that's you know there was a guy on the fivers I don't we didn't get to speak to him because he blew himself up so fast but before he blew himself up he did the instant funding and he went from I can't remember what I think it was the 60k account and he went within two weeks to 640,000 and he then he he kept on just going full power all the time thanks bu he was going full power all the time oh jeez that is disgusting wow going full into the trade all the time and eventually he had something like 40K in credit and then he had um this account and he just ended up blowing it and you know I put it all on my Twitter that is a shame but I put it on my Twitter and it was it was it was heartbreaking as well because somebody had so much money there that they could have just taken but they were so they were thinking that they could keep doing it and keep doing it and keep doing it and and it blew them up okay so we just lost on that specific trade I wouldn't be surprised if it now just actually continues though there's no re unless it breaks underneath here there's a still good reason for it to actually continue yeah I I have this one running actually still yeah so my stop loss is are a little wi wider your stop loss is for the for the time frame that you're on is a really uh is an adequate stop loss maybe this could have been up here not really it just one of those trades let's see what it's actually going to do from here no let's see cuz it was just uh opening all the us as well if I'm not mistaken Trump was speaking so Trump was speaking this probably the worst thing that I want to hear that when I'm in trading this is this is uh this is not what I wantan to want to hear Trump speaking all H greed duckers Alex what does that mean you blow a lot of accounts with this trade live um I don't know I don't I don't know what you I don't know what you mean by that but there you go they blow you blow a lot of accounts with this trade live you blow accounts if you don't trade well and you don't manage your risk but uh yeah you know it's uh I've been you can blow you can blow your account even trading well as long even account even with high R RN rate trades you can still blow an account sometimes it's it's not your time for sure it's uh you know it's a funny thing but you can share with people you know like the people can take essentially nine win trades and one losing and blow their come just because then after a couple of good trades you're like okay now it's definitely good I can uplift my you know my risk and definitely get it done and now earn x amount of money or you know you get overconfident and uh you just blow it or you completely like you you see nine winning trades for example on the live and then you like okay you miss them all and then you take the last one with a full lot just because you have a form off of the missing out the next one there are so many different reasons that are all comes down to the wrong risk management and the wrong you know mindset that we approach it with so 100% that one tra that one trade that you decide you know what this is a really good trade I'm actually going to double up the position because this is the trade that's going to make a lot of money and you know what it goes against you and then because it's so big the trade you decide you want to move your stop loss and that's the the the thing that goes in your head you start doing stuff like that that's how you blow accounts you can be a good technical Trader and get in and out the market and be good at executing but those little parts of you those are the parts that you're messing up and that can blow account and it can make you stay in this big big loop of blowing accounts for a long time if you're not careful I've seen so many times so get over that and you are you're Gucci really yeah it's all in the mind and that's the most difficult part right that's why people also leave trading because they just uh don't want to deal with this deal don't want to deal with this parts of themselves that come out when we trade so yeah oh it's 5 o' okay so we did a little bit of uh that m sort it out sort it out if you want some help sorting it out speak to us let's jump on a call and uh we'll see what we can do that do you know that's annoying if that starts pushing up now and that was just that I'm gonna have to watch this now anyway how was that Anastasia I'm good I'm still in the EU I'm watching it but on my account yeah hopefully it's gonna reverse like against me now but super super nice trade guys I hope you enjoyed enjoyed the stream it's the actual end of the the stream the week for the streams as well I think in February we're actually going to make the streams a lot bigger but uh yeah anything you want to say Anastasia before we go I think it was a great session because a lot of people were able to learn a lot of things we talked a lot about the also you know mindset of trading for the first time like in my like while I'm here so I hope you guys made some notes and uh perhaps also about the volume profile no we got a lot of questions I saw them coming we talked about this in the beginning so guys please start from the beginning of the session rewatch it it's covered there covered the setup with a volume profile as well all the settings everything that you need to know and next week we're going to be back right so if you guys keep practicing we're gonna answer all your questions next week on the next 100% Anastasia is going to be with us on a regular basis she's a part of the content team for the fivs now so you can either come here to see her or where else can they find you Anastasia if uh they don't want to come to the live streams they should come to live streams though to live stream W there is an option for a shill and she didn't take it that says a lot okay guys fair enough we'll see you soon okay I'll see you guys soon hi guys so thank you very much for watching watching the video now make sure you like And subscribe and most of all go into the YouTube and check our other content that we provide here at the fivers we'll see you in the next one