Transcript for:
XAU/USD Trading Strategy Overview

okay guys welcome back what we're going to be doing today is going through xa you usd otherwise known as gold um and we're going to be covering the 4 hour and 15 minute entry strategy for the order blocks if you want to see a larger description of that you can literally go to one of the videos in the description below and that is a original sort of two hour long video which you'll gather so much information from where we went through a month with the euro usd now to keep this video a little bit more manageable i'm just going to do a week at a time so we're going to go back to the start of january 2021 unfortunately the monday for that week starts on the 28th of december so we're just going to go back to there but in order for me to not cheat as i'm doing this i'm just going to shrink the charts as much as i can to make it really really flat and then condense it so i can't see any trends or anything like that we're just going to scroll back to the start of january we're going to look for the 28th so technically the sunday evening is the 27th of december and it's usually like a no trade time typically don't trade because the markets are usually quite quiet during those time periods because it's christmas we're just going to press auto right so we're looking at the four hour structure or we're gonna be working backwards to find the four hour structure so very typically i'm just gonna mark on the chart some very basic and obvious areas to begin with okay so i'm just going to mark out the highs and i'm just going to work out backwards where the structure is okay so working our way down we've clearly broken a bit of minor structure over here just going to mark a low low's being broken so now what we're going to do is we're going to look between this low and this low and we're going to find the nearest high between those two which is this one so that's an area of interest for the future let's extend that across okay we're also just going to follow your charts now we don't get a break of this so we've got essentially a weak low and obviously it breaks down here so we're just going to mark up on our charts the nearest low we get another break of that so working between here and here we're just going to find the highest point which is over here and that is going to be another area of interest for us and we'll zoom in on these in a second and see if we can gather any any more information now we do get a break of this and we get very very minor pullbacks minor swings but nothing extravagant nothing major so we're just going to mark on here that we've got our low so it's this one this is the light okay so at the moment we're just in quite a large range so if we go between here and here the high is somewhere around here so it gets broken okay so we've got a break of one of these highs probably this one um or maybe even that one so we've got nothing really to go off okay so i'm gonna go back and look at this one as a possibility so now that we've got our low on here and we've got our main sort of high up here the break uh the gap between here we have a high which has been broken right here which is great so that's more or less a break of structure very minor because it wasn't much of a pullback so the main range which we're looking at is really between here but we are in now an upward trend so working our way upwards rather than downwards like what we were doing there we're just going to be doing the same okay so we get a break of that the largest load between here and here is actually our load which is great so working our way up where's the nearest sort of main pullback i would say possibly here gold's a little bit different it's quite wicky in comparison to a lot of currency pairs so we've got here in here this is a wick break so i just i prefer on the higher time frames a bit more of a body break if it's a wick i tend to count that as more or less a reversal or a rejection so we've got our highest point here we've got a break of the high which is great so the lowest point here is now here now we get moved up what have we got we have got a clear pull back there so a spike up is clearly reacted to something over here um move down let's zoom in a bit so we've got a break of this low which was the lowest point between this high and this high being broken we now also have an even higher point after this which rests right there now we also have this strange wick okay now wicks are a bit tricky with gold i have not mastered them i won't lie i haven't mastered the wicks on gold just yet sometimes they're just runs of liquidity sometimes they just sort of like guide the way so there's a lot of chances that we could start working our way down after this rejection up here um this general change of direction but we're just gonna stick with what we've got so the new range is between here and here okay so we could essentially drop down to a lower time frame now and start marking things up on a chart now let's just have a quick thought about this yeah let's drop down to the 15 minute let's see if there's any information that we can gather okay so on the smaller time frame let's just uh bring that up oh that is so minor it's hardly even worth putting on there i would say i'll be more comfortable to go with this so we've got a nice break there a push up we got the change of direction down here that's cool so the push up was really this kind of move here so i'd be very tempted to mark something up on my charts along here but really the most sort of obvious place to me that was the rejection this was supply coming into the market right here i'm just going to mark up right there an area of interest or poi so let's put that on the chart let's drag that across to where we are okay so that's an interesting area for me okay and then what else we have anything of interest around here so let's let's work it down on the 15 minute we get this huge wick rejection which is kind of hard to read gold tends to move up to close imbalances quite a lot so i wouldn't be surprised if we found a move up to here or at least to here before some sort of movement potentially a reversal now it is tricky because we're literally just in this miniature structure and ideally i'd want to go on to a lower time frame but i know that tradingview won't allow me back uh to the five minute uh because it would be too far back in their data so let's look at what we've got um disregarding this wick really uh let's work our way down and then work our way backwards from where we are so what we've reached we've reached this high here what's that reacted to okay so it's reacted to something over here which is great looks like it's run into a bit of liquidity and then it's turned into supply coming into the market um our low i would assume at the moment before working backwards is right here because that makes a little bit of sense our high just make sure i've got this correct so we're just using substructure at this point in time just marking a high on here when does this get broken aha right so this is breaking the substructure high making its way down up down yep okay cool so i'm quite pleased with that uh is there anywhere else which i should be aware of around here for potential reversals or was this it was this the liquidity sweep from down here so i would class this bit as potential liquidity a bit of a liquidity grab which we obviously had so although we've had a big rejection of this let's see how we get on let's just click forward a few clicks oh there we go big boom forwards okay i think it looks like we're gonna be pushing our way up to here so i'm i'm kind of interested in this move all right so if this was the move which started us off to reach this zone and then we don't want to react from here we'd be a bit stupid to get involved mid-range okay so i'm just going to click forward a little bit oh here we go yeah so it looks like we are likely going to be heading up and we have run into this area over here okay so an area of supply came into the market there's a nice inside bar which for me inside bars they basically just hold a lot of weight there's lots of orders going back and forth at that point oh okay cool perfect just a few clicks in and we're what uh the 28th of december at 2 a.m and we're straight into our initial poi okay so point of interest let's click on a little bit i'm looking for a reversal pattern here ideally we might not get anything so i'm just going to mark on the chart the areas which i want to see broken the first area got broken we got a little tap in what else i want to see a break of uh okay so this little gray candle wasn't lower than the inside bar so the inside bar is going to be used which i don't like doing but let's see what we can do well okay so if price was to come back to this sort of area or even this one this looks a little bit like it's got a little bit more potential i'd be very eager to get involved but i'd probably cover the whole area so the candle which had broken the high so i think that will probably come back to this kind of covers that whole zone it's on the 15 minute if it was on the one minute i bet there was another pattern within a pattern and probably an entry right here but it doesn't matter so where is it that we would be looking to target well we're just going to be targeting the nearest sort of structural area on the on the medium time frame which is the 15 minute okay so we're probably just going to be targeting down here but i will get in on an entry if i can i think that the entry is going to be probably oh this is going to get messy i think the entry is probably going to be this candle to that candle okay so if if it starts working its way back up i'll mark on the charts that we'll get in right okay that's a crazy wick right there so as i mentioned with gold there's just crazy wicks all the time and they're quite difficult to master and they're usually liquid to grabs which looks like there was probably liquidity working along here let's carry on going right so this area of interest was it any use did we get a break of this low i think that we did and it was a wick rejection okay so um nothing extravagant just yet do we get a reversal pattern to get involved in the market can we get long at this point um the reason why i'm looking to get long is that we had broken these highs broken up with a body in the end um worked our way up yes we're getting sort of uh you know lower time frame breaks a structure here especially with this but it was nothing significant on the charts when we worked our way backwards uh to the previous break this was probably the lowest point but it just doesn't look right maybe i should flip my chart upside down no forget it it'll be fine so anyway yeah so we've just got a reaction off of here at the moment not going to be getting involved with anything just yet i want to see a h pattern down here or a y pattern i i don't really want to be getting involved in anything just on a risk entry we will do risk entries but i want to see some sort of reversal here that's a good sign so far okay it's definitely working its way back up to this area so what i'm gonna do is zoom in a little bit oh i can't get a closer refinement i thought i could then for a second um but what will we do we've had a miniature break of here it's not a pullback as such it's an inside bar you know what forget it i'm not going to get involved um i was going to try and get a a sort of like a long injury here but i'm just going to leave that to run for a bit you know what i should just put a pending order on and we'd be tagged into the trade oh well never mind so don't worry about that because our target let's say that we did get involved yeah we would be tagged in but our target wouldn't be too far away it doesn't look like we're gonna get four or five to one so let's go there to oh we would have done we got a lucky number right there so um oh well never mind we're not in oh my days when you see the charts do that just feel a bit gutted and it's going to work its way to this point and probably reverse oh what are we getting here we're getting clear rejections from here which is great to see we had a very minor pullback this class as candle break i wouldn't so i want to see we've got the break right here it's a wick rejection we've got a body break ideally i want to see this get broken we did right lots and lots of wicks okay cool okay what we also have here is a break of this miniature high so ideally if price was to come back down into this zone the sort of the most recent push down which is this we could realistically start looking at getting long in the market and targeting the highs so let's see if we can get anything if it comes down and taps one of these um oh right all right guys so i had to stop filming a couple of days ago uh because something happened at home so i'm just going to crack on from where we got to so sorry about that little break i think we got to this point here um as far as my charts are showing so let's just keep on going so what we were looking for was a breakdown of here if price comes back down we'll just get involved which is good it's the last sort of push down um really well actually if i refine this the last push down was here so i'm just going to refine this ever so slightly um and see if we can get some sort of entry to go long so i'm just going to place that on the chart in case it does happen which will be cool there we go let's start clicking along and see where we can go with this um obviously the target would be somewhere up here um pretty much this box definitely that one uh so let's just put this on as a target okay quite a hefty risk reward and it will be our first trade so let's get going let's see what we can get out the market if anything if we get tapped in and all of this along here has all what it's done is it's built liquidity it's the market slowing down a nice push-up cleared that liquidity now we've got a huge void up here another huge void up here um both imbalances so theoretically price should work its way back up to here at least you know maybe to here but because we're in an upward trending market at the moment we want to be targeting the highs okay oh wouldn't have got tagged before ah hello i'll just slide this along all right superb so we've got our entry and our targets are up here which is good um but i would be keen to say no okay i was gonna say let's slam on a reversal when we get up here um that's quite messy quite a few pois let's see what price does before we get there but i would be keen to put on a reversal order but we won't know where our targets would be until price works its way up and we could find another order block to aim for so let's just keep on going at the moment i'm quite keen it would be quite dangerous at this stage to get stuck in again um but this inside bar right here looks quite tasty to me as well and if we can get a five or a one to five i'll do it maybe i should have done it all right you know what there's a good bit of liquidity forming down here so what i would expect um it doesn't have to happen but what i would expect to see is a wick down clear the liquidity from here to propel us upwards okay so i'd be expecting just a little spike down and then something to take us off alright so i will place an order on this and let's see where we should do it from oh would we have been tagged nearly okay don't want to get confused here with the uh with the other line that i drew okay and then our targets to be up here again bring that alongside let's see if we get a one to f oh close enough okay yeah we're gonna count that um i would take it in real life so let's go wait okay we're in let's just slide that along so we're in two trades yes it's risky because we you know we haven't locked anything in technically speaking um and no i probably wouldn't have even moved to break even at this stage either with the other trade so let's just keep it moving um it's looking good at the moment although it looks like there may be liquidity forming it doesn't matter let's just keep on going it'll be fine oh you know what clicking too fast a nice little block here that's been filled so keep on going if there's any other pullbacks i'll be quite keen to you know start marking on my charts anything to go with that um that's a nice order block okay so this is part of the other strategy which i put out perhaps about a year ago where you're just following all of these pool but not all of them but a lot of these pullbacks back up okay so we've just got a break we haven't had a mitigation of this area so i'm going to get this ready but because this is a sort of like a mid-level one now you know i was going to say let's do the halfway point but that would be breaking our rules so let's just keep it going it'll be to hit so that'll be another six if it comes in which it doesn't but where are we getting from here that's another nice water block i don't think we'll have enough space to run that's like a one to four no i'm going to leave that off chance right won't come back to it anyway there we go right so we've got a nice break of here all right and delete that off and we've taken profit on both which is great and why did i not place an order on here i'm sure that i said that i was going to right we are going to do this because price is still above it all right so this is almost like a hindsight but we don't know if it's going to smash through or break below but i am keen to get in a reversal so let's do it as a stop order if you are live at the charts at the moment okay price hasn't broken through it cool so i'm not necessarily breaking any rules um so if price was if price breaks down lower we're in the trade and that's where we would get involved there our stock would be there but now we've got hindsight the stock could be smaller we're not going to do it okay we're going to pretend that we put this on but we would be getting involved in a um in a stop order and then our target is probably going to be this unmitigated area here um yeah i'd be quite keen just to target probably just the top of this just to make sure that we get something out of it um but that's not looking very good that looks pretty weak hmm is there a way to better this oh you know what now this area is way too big yeah i think i've missed an opportunity here guys and this does happen when you're back testing this will happen from time to time um but yeah i've missed an opportunity i should have shrunk this um and made it a lot smaller oh there's too many of these let's clean them out away yeah so our stop would have been here or we'd have got involved right there and then we'd got a four to one at the very least um and if we went there four and a bit to one oh that is frustrating i should have just marked on the charts let's see what happens anyway i'll take this off um or i'll write it down as i messed up oh or is that a second chance is that essay all right hopefully you'll forgive me if i keep that on it's a second chance to get tagged in all right cool we're in oh and happy days right okay so we got a win there that's lucky a second chance which is good on a lower time frame i bet that was a lot of opportunities to get involved which is superb um did we tap this poi we did just tapped into it we haven't um we haven't smashed through it yet or anything okay so right okay let's start stacking these up so we can see what we've got at the moment that was 11.7 did we get the win it's uh yeah of course we did it yeah so on here so plus 11.7 which is great now with this one this is 4.92 and we oh we're now in this one as well okay cool so let's just slide this along and we'll figure out our target in a second i know we put one on there but we'll probably look at a new target for this okay so we've got that in um and this one was 4.33 so let's just mark this on a chart okay so that's three wins on the bounce which is pretty decent um and our next target to be fair because we've now mitigated this one we've almost taken out this high here our next target is obviously going to be the actual high of where we got to on the four hour would that be being too greedy no because that's just following structure so um yeah let's go back to the four hour and see what we've got oh wow why didn't i notice this before oh i did right this could be the actual target up here theoretically anyway um because we've got this huge space this huge void or imbalances as people call it we're working our way into it and we normally go halfway up the imbalance okay so the imbalance originally was here to to here so let's figure out where the halfway point is and and see if that's like a valid target there right let's drop down to the 15 minute again and see if we can make sense of anything around about the halfway point is there any sort of signal to us yeah okay a couple of inside bars one after the other right okay so if i was trading this live my target would actually be that equilibrium point um on the on the four hour time frame so i'd be very keen to place it up here as a target but we've already got a good uh yeah we've already got a good trade looking like it's going to come on a 12 12.21 but if we do target up here what will that make it 20.13 okay i'll tell you what something which we'll do because there are kind of two targets here we'd be targeting these highs as natural progression as we go up but then there's another target here but the other target is literally just the the high up here you know for the four hour because we're moving our way back up um but the equilibrium is really the target so what i'm going to do is i'm going to place two orders if i was taking this in real life i would have partials on here um but because it's not real life trading at the moment um the probably the easiest way to be able to do this is we'll place two orders i would if i wasn't taking partials i would most likely be doing two half trades okay so half half a percent and half a percent just to see where we get to but we're going to place two trades on we're gonna pretend that we're in this one on two trades um or it would be two partials let's say so the first target is here the next target is up here okay so that's that's what we're going to do all right so we've got one which is 12 and we've got one which is 20 and then the two positions which i'm i'm eager with okay so we're just going to move that there um all right let's let's get going a little bit okay not a good start okay we would definitely be tagged back in um on that uh not looking good looking much better okay can we get anything out of this is there anything where price can come back to potentially but we're already on for two positions it would literally only just be the same um you know it would be half a percent on each okay so let's work our way up let's just keep on going and see what we can get all right looking really positive oh you know what a bit of a missed opportunity here with this this block um it's because my screen's getting a bit too dark oh well let's just keep on going and see what we can get i'll try and get some buy-ins if we can um or or you know sort of like re-enter somewhere even possibly down here no no let's just keep going all the blocks sailing is there a quite a way where i can do this yeah oh cleaner right was that the wow okay cool so that's the first one done um that's impressive all right let's log that so we don't get demoralized if it just shoots right back down so 12.09 all right good times and this one's gonna get smashed i can guarantee that one's gonna get smashed um let's go back to the four hour and i just want to realign my thoughts with where we're actually going price is working its way down a break break this is major uh this move here so i would expect a reaction point off of here at least um and this needs to be filled like what am i talking about gold normally always feels it's not like it's not like the euro where it's um you know it comes to equilibrium so i'm going to get rid of that idea um now i'm going to go probably with the the last order block up here this is the old block strategy after all so yeah i'll be keen to to work it to here okay so this is my point of interest but look at us all the way down here right okay well we'll see this one is the one which broke that so yeah that's the point of interest okay that looks a little bit crazy to me now it it looks like the move of a madman um well you know what it is what it is and if i was in this in a real life trade i'd be quite eager to go up there so yeah let's just um let's get stuck in and what positive bullish move that's smashed through here with a body candle yeah let's just keep on going it's good it's looking good all right let's uh let's condense that a little bit and i'll move this out the way a tiny bit too just so we've got some clear movement on price action something which i like about this as well actually is with that being inside bar a chance our price might come back down to it just tap it and go off again but i'll try and leave the rebuys for for a little bit later um yeah let's leave it oh i should have done it oh i should have done it look at that just as i said it price came back down tapped in we could be in another position oh well don't worry let's keep going classic i'll look at it run away i'd be up about 20 by now right i like that i need to get a break get a proper break oh yeah technically right okay so similar to this one which we just missed i'm going to place another one here because this looks really good so we've got another point of interest again this is just a continuation um so we know well we don't necessarily know but theoretically prices pushed from down here it's broken these highs and it's working its way up to the next four hour order block um or the most like you know most conceivable for our chord um water block because we've got all of this void okay so with imbalances on gold gold tends to fill the imbalances before shooting off in the other direction which is why i'm keen to to possibly get involved up here but if we did get involved that would be one heck of a um uh stop loss up here so when i'm i'm just gonna see how price reacts when it gets up to here um before we go off from there so all right let's keep on going oh hang on sorry i need to place the actual order on don't we there we go seven percent that would be right so i was thinking that wouldn't be wouldn't be enough then so there we go we're in and we're off happy days uh should i place another one here tempted you know what i think it will yeah let's do that oh actually the push down that's the whole push down is there no forget it i was going to but the actual push although i did the same there so and it'll be a wick a bit of wick moves yeah okay let's do that oh this is going to get messy let's just clear some of this off okay so we're in there and place our order here and target there that'd be juicy another 11 let's go ah may have been getting a little bit too greedy for my own good we've got a minus one but i'm not going to worry because we got a good old win over here um but that's a lesson to be learned okay that was probably just a little bit of um i know people calling it inducement to refill a bit more of here well great okay minus one let's stick down on the board is that our first loss i think it is right okay let's just keep on going you know what something just happened there where we had just up here just so you guys can see what i was thinking just so i was clicking through we had a sweep of this uh this liquidity just up here and i just had a feeling that price was just going to work its way down to this order block here um and it did but that would have been quite a tight stop so there were and price is clearly slowing its way down because we're not trending like what we were here we're now starting to consolidate a little bit so it is making me think that this um poi this this four hour order block is probably going to get reaction from so i think that we're probably doing the right thing just by targeting the base of it um almost touched it here and not yet though oh my days there we go right okay so have got a win over here happy days so that is plus seven point two three okay so plus seven point two three and then what can we do after this oh hang on i just realized we had this bad boy didn't we so 12.8 no that's not it this is it 40.95 you would not be too disappointed with that would you 40.95 in how long it's probably a few days five days right okay yeah you'd be probably quite happy once you get up to here you'll probably be happy to take all of these all block trades to be fair so 40.95 and oh you know what if i did get involved in that order block where was it okay let's just go back and see um i can't remember i know it was around here somewhere there there it is just in hindsight what would this have been this came down and tapped us on like pretty much the next candle wasn't it so let's go here very small stop and our targets would have been up here as well yeah 18 so we missed 18.07 i'm just going to put that on there as a missed trade plus 18.07 percent and put it in yellow so it stands out a bit well a little bit right so we missed that trade which is unfortunate but these things happen and you can't cry about everything in the market so right okay so we've reached our four hour um what's the time on here let's go back a tiny bit i'm not going to enter anything off here let's just go back a tiny bit so it doesn't reveal anything if i go on to the four hour so let's go to there um for out right so we've just tapped this which is cool um could this be the start of a move down again um quite possibly but where can we head down to what are we missing on the charts let me just clear it from out of the way now obviously we've got a huge void right here okay so the initial target i would say is probably the base of this candle um on the four hour which could seem a little bit risky but it kind of makes sense to target here because that's where the imbalance reaches search this mark on here me and balance okay so this is a potential target if we're going to be going counter trend that's no longer valid as far as i'm concerned um it might be but what we'll do actually because this was probably going to be a psychological level for a lot of traders we're going to put our start there there this is going to be our poi for the end of the imbalance so i reckon if price comes back down to here and starts playing about here we could manually close our trades and so yeah this is going to be our pi which is good on the four hour and i would expect price to come down probably not clean um but price would probably come down to here uh play about this and maybe head off again so we'll do that uh also how many weeks in are we because we maybe only wanted to do a couple of weeks on this where do we start right in october do we 28th december 5th of january we've got another week to go at least right okay cool let's let's get cracking so 15 minutes we're not in a trade just yet maybe i should have set an order would have been tagged anyway right anyway let's go let's switch this to supply it will just make it blue right cool oh maybe we should have gone okay so this is a little sweep okay good all right so we've got break it out we've got a sweep we're about the halfway point is that the halfway point about okay so that's a positive sign as well um although the low of that tiny bit okay we've got that are we gonna get a reaction off here somewhere no uh although we did get one here so would be ideal if we just mark up this area i'm gonna put this as poi where is it and because price is working its way back up let's have a look over here we're almost we're almost there already okay price is shot down right let's get this on and our target would be down here at the very least okay so attend to one looking pretty good come on trading v there we go and it's missed us oh well these things happen would have reached a complete end goal okay let's see what else is going on hang on look at that look at that like i said it fills okay what was the price on that the high uh 01.026 the low on this 1904 oh my god that is tiny that's like basically a pipette in um in 4x so it's done exact but it doesn't matter if it just smashes right through now does it so um right enough for the theory let's just keep on going now let's do it quietly again miss an opportunity right there oh well that's fine right let's just um i need to go back to six o'clock i want to have a quick look at the four hour okay so we're up here now but i want to have a quick look at the four hour and see where we are so let's go back to here okay so on the for hour we've got avoid that almost filled it theoretically we should come up to here to fill this void um now we could be looking for all the blocks on the 15 in here because this was a nice reaction to this movement there move it back to the 15 yeah and price should be able to make some sort of reaction off of here and if we get an opportunity we'll get in but not a pending order on here although i'd be tempted so let's go back to where we were which was i know about about here um we're gonna tap it and go probably not got a break yet i want to see a body break of this that's just gonna go oh hello right okay so we've got a break of that nice doji might start working its way down let's see okay it is right okay i'm quite keen with this find the lowest point there get rid of that now because it would just look messy but again much like this imbalance this one's just been filled as well on the four hours so a really good tip though with gold and uh lots of time as well time of day in the next sort of half hour-ish normally you'd get a big move about eight a.m so yeah let's just see what we can do i'll be keen to get short on here even though it's between two massive four-hour legs on here it's at a value a very valid point uh because it's the imbalance and then the next target um okay the next target would be somewhere down here yeah i'd be keen to say probably here next target would be this one uh this one has now been filled so we can move that out of the way so next target would be somewhere down here uh but yeah where are we 15 minutes need to get a break of this oh we got it cool okay can we get some sort of movement off of here um i know that this is the most recent okay we'll do i'll tell you what we'll do both this one looks better than this one we'll do both okay i'll probably do both in real life i'd be willing to take a stop out on this to get involved here i'll be willing to take a stop out on this one to get involved here okay so we're actually gonna place uh three possible orders if price comes into it i'll i'll draw it on there but i don't wanna uh make this video way too long again um it looks like we'll only be doing a couple of weeks in january with this because it's just going to take too long so if price comes in i'll mark it up just to save a little bit of time okay oh what am i doing oh i didn't know i could do that cool right so that one just went straight through okay so we we are going to mark that up and it doesn't really matter where i put it because i can just mark that as a uh as a loss okay i'm just gonna have a look am i being stupid with this no that wasn't reactive anything exciting um we are involved in this one now as well so price works its way down great if it doesn't and carries on we're gonna be getting involved in this one and could we get three losses in a row after having such a good run well to be fair if it was real life i really wouldn't care less so let's just keep on going so far so good and happy days right so we're in on this one all right let's mark this up and in case you're wondering no i wouldn't be doing half positions on these ones because it's not the same entry point um this would be full one percent so one percent loss one percent um well we're up almost seven percent at the moment which is great um and that one would be a full one as well so the initial target would be here um because that was our next point of interest wasn't it what's the time right i'm going to go back a couple of points because i don't want to reveal the charts we yeah we're not revealing too much okay good so let's let's have a look at the four hour and be more realistic with this let's double check where we're going oh oh sorry something which i hadn't realized breakdown right sorry completely forgot about this let's clear all this off the chart massive uptrend working our way down yes bit of a probably a bit of a awkward looking pullback which is fine there's a channel being formed which is okay break uh internal structure coming up we did not break this level we're rejecting off of it so we fail to break the high which means that this is a weak low so our target can actually be all the way down here theoretically we should have a target down here so i i would have um given real life trading probably placed two trades on there um one to target like a weak structural low or an internal layer which would be probably here and then a second one down here that might look greedy as hell but this should be our target all the way down here yeah i'd be keen to do okay yeah we're gonna be doing that that looks like account destruction right there doesn't it is that the one which we're in up here that's one which didn't work oh this looks stupid now is that it no oh my god we're still going down this would be the target that looks ridiculous this looks really stupid hmm oh right gotta jump across the live charts back in a minute right then we're back and i can't remember for the life of me where we got up to um it was about here because i just placed this stupid move on on the chart but we're going to do this so we're going to hold this until a break of the low hopefully so we're in this one and we're just going to ignore it for now because it would take absolutely ages to get there and we're going to see if there's any other moves on the way down which we can enjoy okay so um yeah let's just let's just do that nice so what we got here a bit of an order block created right there which is sound uh it looks like we're forming one as well oh let's keep going what can we get price to do oh okay interesting oh i can clear this off my chart now get that out of the way because that is now no longer valid have we broken through that before no oh just realized yeah we're still in a reaction point okay cool this is this is valid let's just try and get in uh let's try and get a uh like a last push up last push kind of move um right uh that was just a wick out i would just say let's just do the last couple it's hardly an order block which looks good um be tempted to go up a time frame but we're only going to be touching the 15. um that would look quite solid yep let's do that mark it's clearly going short so let's do that and try and pick up a quick win continue scaling so next obvious target would be there that's a ten to one and we could hold this all the way to the end but i'm conscious now that when it gets to here i think i want to stop doing the video and we'll continue this at a later date but let's just see if we can get a quick win right here oh we might get a quick loss we in no we're not oh look at that oh well what a bloody disaster that was to finish it off on oh well we almost got that missed it by almost nothing so oh well missed by fraction and there's the end there right let's see if we can get a a second chance okay so maybe actually that's not a bad old block right there not a bad order block but it's huge uh huge point of interest right there oh well what an idiot why did i not do that properly it should have been there but that would have made it much less for risk reward ratio would have been about there four and a half hardly worth it oh well right so what's happening can we get an entry point you know what that's so good there didn't miss gate of work this is decent see if we can come back to this and tap it oh no way where are we where are we over here just coming down to tap this which was quite key before there's a reaction point off of here yeah this is valid okay if we can get some sort of entry off of here that would be quite useful and we've gone for second week okay cool or third week now so we're gonna leave this video here apart from let's just stack up what we've got so far okay let's just keep a tally on this that looks pretty good to me and we're running we're still running with one which is what almost 100 to one on the 15 minute so that's impressive if we get there we're almost there um let's just have a quick look we're at 44 and a half to one at the moment and we did reach 54 okay not bad right okay let's just stack these up so that's 11.7 plus 40.95 that's insane and then minus one because we got a loss plus 7.23 oh did we get tapped in no we missed it minus one that is insane for two weeks of trading um quite similar to how i've had this week so far but that is really good for a 15 minute water block strategy basic order blocks as well by the way nothing extravagant nothing too difficult about it um really really simple almost atr so um we're just gonna date that with technically 45 still running so we're kind of a little bit more up aren't we so let's go back and just have a quick look what that was 44 44.45 and i don't know what that is off the top of my head wow 123.67 wow okay that is not bad going at all i hope that you check back in for the next one when we continue this journey we're going to do the whole year i think with gold because who wouldn't with figures like this um yeah love it superb i hope you guys have uh gained good value and make sure that you do check in for the next one see you soon