want on biker boy D with Zamunda profit Squad and you are in Zamunda University thank you for being with me today and I hope that I can learn you something things will be a little different than previous classes the presentation will be shorter and I will dive more into real examples as always I encourage you to ask as many questions so you fully understand what is being taught the agenda for today is to cover broadening formations and full-time frame continuity so what are broad informations abroad information is a series of higher highs and lower lows it is represented by diverging trend lines with the top connecting the highs and the bottom connecting the lows whenever you come back into a previous range you will have a broad information broad information showed possibilities of exhaustion and exhaustion means that buyers have lost the ability to buy price higher or do not want to buy at a higher price and sellers have maxed out their ability to sell any further you can look for potential reversals at the top or bottom of a broader formation to go back in the range then to the opposite side so as you can see we have higher highs and lower lows price starts in a tight range and then expands into a broader range hence the name broad information you can see excellent risk to reward if you take a reversal off of a vibrant information so if you look at this if we noticed that we were coming off the top of a brown information and we were targeting the bottom of the broad information we can look for reversal candles or straight actionable signals or whatever strategy you have for reversals we can start looking for those as we reach the bottom of the brown information to take it back up to the upside the reason this is a good risk to reward is we are already at a discounted premium price so we have more reward to the upside than we do to the downside so as you can see we are expanding if your broad information is expanding your trend lines are diverging which means going away from each other and it's showing something like a megaphone congratulations then your broad information is correct if your lines are converging price is coming from expansion and it's starting to tighten squeeze or contract then that is not correct we're going to look at some real examples so the reason people struggle with broad informations and why they never really get a consistent clear answer when they ask how to draw a broad information is because there are many different ways to draw broad informations and different situations you may have to use those different ways so I will show you some of the different ways but first you must understand that the the Only Rule is that they must have higher highs and lower lows that's the one thing that you can't um deviate from it has to have higher highs and it has to have lower lows um so let's look at the first way and the way that most people are taught when they are taught how to draw broad informations so the first way excuse me the first way people are usually taught how to draw a brown informations is to find a three bar and the reason that they say find a three bar is because a three bar has automatically built in higher highs the highest always previous is higher than the previous candle and the low is always lower than the previous candle so that by definition constitutes as a broad information on a smaller time frame so one way of doing it is find a three bar and you draw it from the high to the previous High but the previous High has to be a lower high which it would be in a in a three bar and then you draw from a low to a previous low and let me change the color on these I like the color code my different um broad informations so that is one way of doing it now the reason I personally don't like this method um is because sometimes the lines are too sharp so if you see the the top of this broad information and let me move my zoom out the way if you see the top of this broad information as of right now it looks like that it could be respected this is a pretty decent broad information but sometimes when you draw for threes depending on the previous candle before the three the line could be too sharp down so I'll find an example of that but this in this example right here it it kind of works out perfectly this is a beautiful broad information um so let's find another example so let's find another three okay let's use this one for example so if we were to draw our broad information like this using the same method that bottom broad information is very realistic but that top brown information is very sharp so if we're waiting for Price action to reach the top of this broad information since it's such at a sharp angle we may be waiting for a long time and we may miss the other broader formations that the chart presents to us in the meantime if we only look at a broad information that's the sharp does that make sense to everybody any questions on that so far check the chat okay so no questions there so the next way to draw our broad information is and let me get rid of this the next way to draw abroad information is to pick a high preferably the most recent High and to just draw it to any candle that's lower than this candle so any High that's lower than this high that we click you can draw to that one so you can draw to this High you could draw it to this High you could draw it to this High you could draw it to this High you could draw it to this high this high in any of these you can draw a two as long as the high of the of whatever previous candle is lower than this High then you can draw it to it and the same thing goes for a low so we can take this low right here we can draw it to this low we can draw it to this low we could draw it to this low and so on and so forth so I have to give you the pros and the cons for each method so you understand and it helps best guide what method may be the best for you um the cons for this mess this method of drawing them is you really don't have any consistency so if you want to draw a broader formations pretty much the same way every time if you just draw it to any low when you go to a different chart or a different ticker or you want to practice broad informations you won't really have a set method on how you draw broad informations you'll kind of just be picking a random candle and if I pick this candle up here you guys see how sharp that broad information is does that really seem realistic now it can happen but it's not it's not so much realistic um there's a lot of other information out there that you are missing um now what you can do if you just wanted to draw a million broad informations you could just draw everyone if you wanted to and that's another way of doing it so broad informations are used as like support and resistance you can think about them as support and resistance so the way you can look at that is um if it comes back down to this broad information you'll want to see it break through this and then go to this broader formation you want to see it break through that maybe retrace up to this one retest that and then go through this broad information so you can use broad informations like that um like support and resistance and that is one way that I do use them as opposed to having your traditional horizontal line as pivots um and there's nothing against having support and resistance with horizontal lines I still use them but the thing with broad informations is they highlight excuse me they highlight where price could possibly go where liquidity is so if you're looking at a support and resistance at a horizontal level so like let's say if this was our resistance you may get into calls after it breaks this resistance and try to take it all the way up but what happens you get trapped out and it goes back down but when you have a broad information then you kind of get to see a little bit better where price could go before it rejects so this would this will keep you out of going long on things that you should be short in um and play in a reversal as opposed to just getting in at a resistance and trying to ride the wave up so the next Way the final way or it's not the final way there are plenty ways out there but the way that I do it is I take my broad informations off of Swing highs and swing lows now what a swing high is let's use this candle for an example what a swing high is it means that the middle candle the high is higher than the candle to the left of it and then to the right of it so you see how this middle candle is sticking up and the high is higher than the left and the right that will constitute as a swing high now a swing low would be the the opposite the low of the candle is lower than the candle of the left of it and the right of it so what I want you guys to do right now everybody on this call what I want you to do is stick your hand out Palms facing away from you so you should be looking at the the top of your hand you should be looking at your fingers your fingernails and everything and I want everybody to stick their hand out with their fingers together now if you look at your hand you'll notice if you're normal you don't have any deformities if you've got deformities this don't apply to you but if you're normal you'll see that your middle finger is longer than your ring finger and your pointer finger you see how it sticks up like that so that will be similar to a swing high that middle finger would be a middle candle that's higher than the left candle and the right candle and if you want to find a swing low just flip your hand upside down now your palm should be facing it should be facing you now you see that your middle finger is still the longest that didn't change and it's longer than your ring finger and your pointer finger that would be a swing low so now you can't unsee it if you're struggling with swing highs and swing lows just stick just put your hand out and that'll help you see swing highs and swing lows better any questions on that I'm gonna check the chat no I don't use any indicators for broad informations nor do I have any recommendations for uh indicators for broad informations I don't know what's out there I just I just like to draw myself the more you draw them and the more you practice the better you'll you'll you'll get them and you'll you'll see them way easier it'll come natural where you don't even have to think about it um so I know a lot of people are probably wondering what those blue dots are on my screen and what those blue dots are is it's an indicator to point out swing highs and swing lows um if that helps you draw broad informations you're more than welcome to uh use that indicator that indicator is called inducement stop hunt and I'm gonna go to the inputs if you do decide to use this indicator the only thing that you have to click on is show fractal highs and lows and that will show the blue dot as you see on the screen so those will show all your swing highs and all of your swing lows so if you decide to use that and you want to get help drawing broad informations or you want to you know um have training wheels the help you point out swing highs and swing lows then that is the indicator to use and I'll say that one more time because I know somebody um might have not caught it but it is the inducement stop hunt and then it says TFO after it right here so the thing with that indicator is it does it's not perfect it does not point out every swing high and it does not point out every swing low but it does give you um the general idea of the major swings and the major pivots that those swings happen from it helps you see them visually very quickly so like this candle right here this will be a swing low there's no dot on it right here this will be a swing High there's no dot on it so like I said it's not perfect but it's it's pretty accurate for the most part so with that being said the way I use um swing highs and swing lows is you can draw broad informations off of the Swing highs and swing lows so you can just literally connect that dot to this Dot you can connect this Dot to this Dot now you can candle cut when you're drawing broader formations I know that trips some people up sometimes they're like oh well this lowest is lower than is lower than this low so I can't draw a bottom you can candle cut so what I mean by candle cut is you can um sorry about that you can ignore this candle and then just go to a another swing high or swing low so I can just choose this one if I want to and that's fine it's still respecting my broad information and how you know you like your broad information is solid is if you look back in time so we drew it from here to here you can see that the broader formation was still respected here we drew it from here to here you can see that it was respected here it rejected it here so you can draw them and then you can see that they've been respected so if we draw a broad information at the top we can draw from here to here now the reason I chose this candle I know I said I like to I like to draw them from dot to dot but this candle going from this high just to the previous candle it hit it three times perfectly so that's what I meant by different situations you might you might have to use different methods um and Broad informations are fractal meaning they're on every single time frame from the one second to the yearly to whatever time frame you want to look at and Broad informations are also infinite there there are broad informations everywhere and the reason that of that being is price moves up and down it doesn't necessarily move up and down but it Aggregates up and it Aggregates down um the price doesn't just go up in one straight line price doesn't look like this it doesn't just go up in one straight line it creates a series of higher highs and higher lows that's how it reaches this that's how it reaches its ultimate price by creating those series of higher highs and higher lows to go up to the price it doesn't just go straight up so that's why there are broad informations on every single time frame and there are broader formations everywhere do we have any questions about that any um so far and please feel free to come off the mic and ask your questions I encourage it I hope you do um it's very hard for me to check the chat um while I'm doing the presentation so please ask any questions on what I've said so far I have a question yes ma'am is it best to try to draw them as close to the current time frame or does that matter at all so it matters it depends on what you're looking for excuse me so if your focus is only on the current time frame there's nothing wrong with just drawing abroad information right here which because this is the current time right now there's nothing wrong with that and I'll actually draw it to this one yeah I'll draw to this one there's nothing wrong with that because this is the current um time so it meets the criteria of price being contracted and then expanding so there's nothing wrong with that if you want to see a broader picture you can draw a bigger one and you don't only have to draw one broad informations you can draw as many broad informations as you want as your eyes can tell as your eyes can tolerate because like I said broad informations are also support and resistance so if it breaks through this broad information it may be headed for this broad information okay does that answer your question absolutely thank you perfect any more questions on that and let me check the chat is it necessary to draw broad informations on every time frame it's not necessary but it is very very useful and very very beneficial so when you draw them on every time frame which we're about to do that very soon um I'll show you exactly how I do it it's useful to see where price could potentially go and the way I do it is I Mark I have different colors for my different broader formations so for my different time frames I have different colors and the importance of that is if let's say you had a daily broad information and then you had a weekly broad information that Weekly broad information is going to be stronger than that daily brought information and then a monthly Brown information is going to be stronger than a weekly broad information the reason being is because on a higher time frame that's where the big that's where that range went for a bigger time frame so if we're looking at a monthly a monthly chart and we find a broad information on a monthly chart however many candles are in that range that's where price was during that range so that's important to know that's similar to looking on trading View and seeing the the 52-week high and the 52-week low it that's that you're looking at the yearly range that's exactly what that means is you're looking at that what was the range for that year and that's important to know so if you're if the rain the 52-week high is 150 and you're trying to get calls at 149. are you more likely to go past 150 or are you more likely to come back down to to the lows you're more likely to reverse and come back down because that stock may be exhausted now you may be right but there's a better chance and logically thinking it's more likely to reverse after being exhausted um okay just reading the chat to make sure I cover everything four bone said when I draw them I try to go back and look at what the tail end is doing I like to see that it acts like a trend line in the past would that be a correct way four bones you are right on the money that is exactly what I do also um and when you it doesn't it's not a requirement that the tail end acts like a trend line but when you when you see that happen you're like oh you got to get yourself a pound of back like oh that was a good broad information um for example we drew it from here to here and then you can see over here it acted like a trend line so yes that is an extra confirmation or um when you do see that that just confirms that that is that that you did it right that that's the right way so yes to answer your question so do we have any more questions on broader formations before moving on I know there's some out there and I know people don't want to ask but I really encourage you to because I do not want to leave you behind and I don't want you to have questions later so now is your time to ask I really want you to ask anybody don't be scared come on guys I'm not that good of a teacher don't don't boost my head up like that there's no way I answer or I answered all your questions really we definitely kept it simple we appreciate it okay I'll take that I'll take that all right so I guess we'll move on so I'm gonna stick with Google I'm gonna stick with Google and what we're gonna do next is we're going to okay the chat is clear too perfect um I'm gonna show you how I chart brought informations now you don't have to do it this way and I will give you a warning the way I chart them especially if you're a beginner it can get hectic really fast and it can get overwhelming but just stick with me and then I'll show you um some other options um per se versus the way I do it and let me check the chat perfect so the way I like to do it is I start on a quarterly time frame and then I work my way down to a monthly and then I work my way down to a weekly now I don't chart broad informations on a daily because that's just too much information there will be broad informations everywhere but if you want to um then you're more than welcome to do it most times the weekly Brown informations will take care of the day um The Daily broad informations they'll share the same lines so you won't have to worry about that um so yes that's the way I do it so now I'm gonna drop some extra tips when drawing the broad information so if you guys were in the first um class that I did I went over the object tree now the um I'm not gonna go as in-depth today we have that class in our links so you're more than welcome to go watch it if you don't remember it go watch it again but the object tree is how you stay organized so as I mentioned before I color code all of my brown informations so what that means is I'm going to pull up my object tree and I'll show you how I'm gonna save them and how I'm going to keep everything organized so I'm starting with a um quarterly broad information and I forgot to mention there's two ways that you can um you can choose to draw abroad information so the first way is you can click the high and then drag it to a oh I'm in the wrong tool my bad jaw you can drag it from a high to a previous high so you can go backwards the other way if if you like to complicate things a little bit more you can go from the previous High to the higher high so one way it's going from front to back and the other way is going from Back to Front I hope I didn't lose nobody with that I feel like I did so I'm gonna just show you one more time so and let's just go out for this candle one way is to go from this candle right here back backwards like that the other way is to go from backwards frontwards it doesn't matter which way you choose to do it but that's just you know I don't know there's a lot of different um ways that people learn and the way they see things so um though those are your options if you are either or so let's take that away so actually this is the the um this would be my top of broad information and I'm going to go from this three to the previous candle so I'm using one of the scenarios that I mentioned previously I'm using that because this is the most recent swing High and the next swing high is all the way down here so I don't want that line to be so sharp that um I'm missing more information so here is the downfall if you draw from front to back so in my templates I have these already set up to wait the way I want them color coded so the way I have it set up is I have it extended to the right but since I went from right to left it's not showing me my right side so in this case I have to go from this way to this way and that's why I mentioned it because sometimes I have to do it myself so that is a broad information top as of right now this high is higher than this High than the previous high so check we checked the Box on that one so then we have the next broad information and I'm going to go with this one and the reason so now I'm using the other example I'm choosing a candle with a low that's higher a previous low that's higher than the current low I'm choosing that one because there aren't the next low would be there aren't any swing lows in this sequence right here so I'm choosing to use this like a trend line now a Trend a how can I say this a trend line can be a broad information but a broad information can't be a trend line if that makes sense so you can have lines that act as a trend line but a broad information can't be a trend line and the reason that's being is broad informations have to diverge they have to go the opposite direction so that's not the case with a simple trend line if I drew a trend line here and let me change the line if I drew a trend line here this is also a trend line and this is also a trend line but you see they are converging so a trend line can be brought informations but a broad information can't be a trend line because broad information has rules trend lines have rules also you you have to have higher you have to have higher lows um and higher highs so that's why trend line can be brought informations but a broad information can't be a trend line because also on the trend line you can have lower highs and lower lows so I hope that makes sense for anybody so that is a quarterly broad information that is not a quarterly broad information as you can see and somebody drawing my screen we are sloping upwards so if you know anything about lines um you paid attention in math lines are infinite so with this sloping upward that means if I were to draw a broad information at the top at some point of time in Infinity in space those lines will intercept they were cross paths and they were converged and that's not what we want so that that is the reason your low has to be your your most recent low has to be lower than a previous low so I think I am happy with that one so far that is a very steep one so let me draw one more let's see this is a this is a this is one boom and this is probably the most practical one because we will see price um in this tight range and this price goes further out it can start expanding now this is a tight broad information but it is a broad information it works so I'm going to keep that so back to the object tree what I'm going to do is I'm going to save these lines and like I said watch the other video and I'll go more in detail how to do that but I'm going to save these lines and I'm going to group them so these are my quarter BFS and BFS is just uh that's how we say broad informations and then I'm gonna add these there boom and I'm gonna lock them so now what that just did for anybody confused um I just grouped them in the same category so now I can um I can toggle them all the same I can hide them at the same time I can lock them and unlock them at the same time and I can apply um templates to them all at the same time so if I wanted this to be on my template of let's see if I wanted this to have the template of uh weekly broad informations and I did that wrong sorry if I wanted them to all have weekly broad information templates they will all change if I wanted them to have if I wanted them to go back to my quarterly broad informations they'll all go back so that is the um significance of having the object tree you can organize everything a little bit better so we're going to move on from that so now what I do is I go down to my monthly broad informations and we try to find some here sometimes your tops and bottoms on the different time frames they will share the same lines and that's okay so if you are trying to draw broad information on a monthly and you can only find a top or you can only find a bottom on a monthly but the top of that monthly is also the top of the Bro of the quarterly that's fine to use that same one there's nothing wrong with that broader formations really is a lot of free range y'all um you can you can customize it to how you want to how you want to see things what data that you want to process it's really up to you um it's really not a lot of clear-cut broad informations I do like the swing highs and the swing lows because it kind of keeps us all on the same page and it gives us a nice even range so let's find some on the monthly and right here I'm gonna have to change this back to monthly and you see how I have them color coded so what I did is I went from this swing low to this swing low and I'm going to keep that top from the quarterly because it shares the same top and I'm good with that I'm fine with that so a quick analysis could be if price goes up to the top of this broad information and it comes back down into the range maybe it'll try to break this broad information so once it gets close to this first broad information I'm either now I'm paying attention now I want to see are we setting up for a reversal is it giving me a reversal camera uh um a reversal candle is it giving me a hammer is it giving me actionable signal for a reversal so I'm paying attention once it gets right here let's say it blows it keeps blowing through okay now I'm waiting for the now I'm looking at this area so having multiple broad informations allows you to assess what's going on in that moment of time that is the importance of it so let's keep finding broad informations this is a broad information this is also a broad information as you can see so this was a broader formation right here it respected it it went to the highs and now it broke through it broke through to where now I made another broader information it just expanded the it expanded the range more and more creating more broad informations that's all that's happened so we have another broad information top right here this is a broad information top this is a broad information bottom so I'm not going to go through every single one because I'm sure you guys get the idea but do we have any questions on that so far that's me it gets overwhelming seeing all of the lines I'm a newbie newbie I got you I got you yeah it can be very overwhelming seeing all of the lines especially with the tail ends um it could be a lot but you also have to realize when you're on a smaller time frame you won't see these lines like this and that's why I grouped them so when you're charting normally you can just hide them in the meantime so you don't have all those lines on your chart all the time so let's do that now let's group these lines and we're going to call this monthly BS okay I'm gonna lock those and now what we've done is we can hide everything at the same exact time oh I missed some that's why lock them again and now we can hide them all at the same time so whenever I want to come chart Google I won't have to worry about coming to a chart full of lines I can just um come to Google do whatever chart I need to do and then when it's time to further my assessment I could turn my broad informations back on and like I said on a smaller time frame you won't see all of these lines if you're if you're watching it on the 15 minute the 30 the hour or whatever you won't see it all of these lines until they're until you're in range of those lines so when you're approaching one you'll know okay this is a this is a monthly broad information top because I've already color coded to know what is happening and you're going to see it sloping up so it's obviously going to be a top versus you see in the bottom so those will help you um know when to get out of Trades better also if you're on a smaller time frame and you see it approaching a um broad information top you may start looking for a reversal now if it blows through that top then you know okay I'm good this is a this is a strong Trend we chugging along and you can stay in that trade so now let's go down to a a weekly now weekly is mostly where you're going to have the most broad informations um that's because there are more candles obviously there are more weeks than there are months so you're going to have more candles so for the weeklies and let me change my template to weekly so we'll start plotting them out so this is a top right here we see that immediately this is a swing low and you see how I followed that Trend beautifully I can also use this swing low right here I can use both of these if I want to but you guys see how all these lines start it starts being a bit much sometimes it can be a bit much so you literally just go and just plot them all out so let's go down to a smaller time frame and see what this looks like and I'm just going to mark the daily high in the daily so let's go down to a 15 minute so while we're trading like I said you won't see all of those lines because you'll be in a smaller range of price so if we were trading and let's say that this was um a call entry to the upside we would know that they might possibly trap calls at some point because we're approaching a top broad information so that could be some type of exhaustion that could be some type of resistance so when you're on a smaller time frame all of those lines don't really look like that um they just help you see what's coming it's like a road map you want to have a road map for your for your trades to see what could stop you getting to your ultimate goal so having all those lines look very um overwhelming and hectic when you're looking at maybe a daily chart or a weekly chart it may look pretty crazy but like I said when you're actually trading it doesn't look like that so that's why I think it's very important to group your lines so when you're charting you don't have to look at them and then whenever the trading day starts you can just go back in here and turn them on if that's the way you want to do it so let me um name these weekly BFS and we can start adding them boom lock them and hide them so now when the trading day starts if I wanna turn them if I want to turn them on so let's say I did my charting um I charted my actionable signals my setups and everything and now I want to turn them on I can just go back through my object tree and turn them all on and I won't have to look at them at no other time but when I'm Trading do we have any questions on that anybody nothing all right if you say so so for the people who get overwhelmed with that information um this this one is for you if that's too much information you don't want to have all those spider webs on your chart and it just looks it just looked like a lot what you can do like I previously mentioned is you can pick a time frame that you want to look at and just stick to that broad information and if it makes another one then you can just erase this one and draw another one so if this is what you see and this is what you want to stick with you can just keep it keep it like that keep it simple now you you know now you know what's going on within this price range and you could just rock out like that if you want if it busts through here you could just move it up as it as it goes along so that's another way of doing it you don't have to have all those lines if you don't want to but um like I said you won't if you choose to go that route you won't see them let me check the chat because we have a question okay perfect so um because I do want to hear some of y'all lovely voices um I do want y'all to speak can somebody tell me which way they prefer and and why out of all out of all the methods that I just described which way do you do it and why do you like it that way and anybody can come off the mic and tell me that foreign I would choose to draw it front from Back to Front just because the chart is going forward I agree so what she's saying is she would rather draw it this way from Back to Front and people do it there's nothing wrong with that at all um like I said the only reason I do it from so on my quarterly BF since you see I don't have a tail end on my quarterly BFS um I draw it from like you said back to front but with my other BFS just because of how trading view Works technically like their their settings and everything um I can't draw it it's easier for me to draw it from front to back just because it has those tail ends so yes anybody else want to tell me how they do it or what method works for them when they're drawing BFS um I want to hear some of you guys hey what's up Michael Boyd what's going on brother not much man so uh what I do is I usually draw I usually find a threes on the high time frames because usually less threes on a high time frame so like say for instance the quarter year I just find a freezer nose and then I um draw those if they want to go down to like the week or the day then that's what I try to look for the like the swing highs and the swing lows because if I were trying to draw threes on a week time frame there's so many threes there's gonna be lines all over the place man yep yep yep that's another beautiful way of doing it um so what he was saying that he does is he finds a three on a higher time frame such as this which this is uh that's a beautiful way of doing it because a three on a higher time frame is a broad information on the lower time frame and then if you go down to this daily or even so a weekly you guys can see how that has been respected so we started in this little tight range and then we start playing around this broader formation and look at that if you look on the weekly I know um I forgot who said it think four bones he said that he likes to see it act as a trend line if you see we drew this on a on a quarterly time frame it played around this trend line and then it came it rejected it it came it rejected it it can so now this is a down this is a downtrend line This is a trend line to the downside it came right here rejected it rejected it busted right here came back through rejected it rejected it to a T until it finally decided to break through that trend line and then continue up to the upper half of the broad information so that was beautiful sir um that is a also a great method of doing it the all of these methods work I'm not saying one is better than the other it's all your preference and what do you want to see and and how do you process information so if you are in if you're asking a provider or you're asking questions and Broad informations are confusing you I want you to just relax a little bit dial it down and you're not wrong that's the best way I can say the way you do it is not wrong now it may not look like the next person's broad information because we all have our own perceptions and we all we all gather information differently and we all look for different things when we're Gathering uh this information so because you you see all these different variations of broad information it does not mean yours is wrong yours is only wrong if your highs your your your your Highs are lower than the previous high or your lows are higher than the previous lows then those will make converging lines so to put in description what I'm talking about is if you have a high and then you start making lower highs right and then you try to put a broad information on that that's the wrong tool I'm acting like I never used trading view before and you try to put a broad information on that that will not work because at some point of time these will intersect so that will not work but as long as you have you're creating higher highs for the top and you're creating lower lows for the bottom that will work and let's draw it out so let's say we're creating higher highs right and then we start creating lower lows right we can draw broad informations on on these because we're creating lower we're creating lower lows so now we are diverging and the range is expanding so ultimately it may start looking like this because the range has expanded and obviously it wouldn't do this in one take but you get the idea okay so let me delete this so no more questions on Broad informations right I had a question on the tool that you're using because when I do the extended line mine is like infinite on both ends whereas you seem to have where you first start it doesn't go it doesn't extend past where you started it yeah is that a certain setting yes it is so that's that's what I was saying I have templates so this is still an extended line and it does what yours does right it's extended on left and right but if you go to settings on that line you can change that so I can choose to have it extended right or have it extended left okay so so these right here are my templates these are my quarterly broad information templates so it's set to only extend one way and then this one my weekly broad information is set to extend both ways okay thank you no problem so nothing else okay um so now we're gonna move into a full time frame continuity if we don't have any questions about that so for full-time frame continuity it consists of the one hour the daily the weekly and the monthly now you can um you can use the other time frames like the quarterly the yearly if you would like um even the four hour if you like it um you can you can do what you want but the the standard Perler Strat is the 60 Minute the one day the six the weekly and the monthly so with this and as you can see I have a indicator uh to display that and let me change this let me take this four hour off so I don't confuse anybody just for the sake of you know what's going on so I like to have four screens up and I can see what's going on between the different time frames all in one take so I can look at this quickly and say the weeklies green the hours green the dailies red and the monthly is red I didn't even need to have this indicator to see that I have my four screens to tell me exactly what's going on so ideally you want to see all the time frames align with one another um in other words you want to see all all green so the the 60 is green the day is green the weakest green the month is green or you want to see all red what this does this shows who's in control either the buyers aren't have full total control or the sellers have full total control and what you want to do is you want to follow the money you want to hop on the you want to hop on the moving train um you don't want to have to guess and things like that you want to do what the investors are already doing you take your piece of pie you make your money and then you keep it pushing um you can still make those trades that have conflict in the other time frames but there's a there's a way that you can do that um and still maintain a high probability it is better to have them in the same like align together but it's also a method that you can use to take a trade and have them flip into alignment excuse me and I'll show you what I mean by that so one thing that I think is important is to Mark the opens of the larger time frames so I'm gonna do that now this is so that is the open if you understand candle Anatomy this is a red candle so that means that it opened right here and it's currently right here so it's below the open right now I'll revisit that in a second and you'll see why that's important so now I'm gonna now I'm going to mark the weekly open which would be right here and I don't have them marked as monthly open or monthly or weekly open um I have them marked as flip because I know if we are above this line then the the the the color of the candle will change the monthly green so right now where the month is only red because that daily candle went below the monthly open as soon as price goes above 137.46 that will flip the month back green so that is important to know especially with the setup like this one so if if my as as the day ended on Friday we ended red right the week ended green the month is still continuing so it's currently red and the hour is green so when Monday opens up and we have an inside Candle on the day so let's plot out our inside candle based on the Strat so we have our call entry here our daily call entry we have our daily put entry we had our pt1 our daily pt1 and our daily pt1 to the upside okay so once Monday opens right that means we'll have a new day we will have a new hour we will have a new week so first we'll have a new hour then we'll have a new day I mean we'll have a new day and we'll have a new week because of Monday Monday hasn't uncoupled yet so in the first hour of trading that hour will dictate what the week says because it hasn't uncoupled yet that will that first hour will dictate what the day says because it hasn't uncoupled yet once that second hour comes around that hour has uncoupled from the day the day will still say the week will still say whatever the day says so if the if the day is red the week will be read until Tuesday once Tuesday comes around that uncouples the day from the week now they're their own separate entities now so let's say on um let's say on Monday right we The Market opens and we open down here right so as of right now the month is red but we know that the monthly flip to turn the month back green is at the level right here this was the monthly open so if we open right here and price starts climbing above and let me draw it out let me try it out take the magnet out so let's say we we open like this and this is the first hour so let's say we gap down Monday and we open like this as price starts going up now this is a green hourly candle right so as of right now it's going to say that the day is green it's going to say that the week is green but the month will still be red so let's say it stops right here and then we get another candle so now the hour has uncoupled from the day so whatever this next candle is if this candle is red and it goes below the open of the day then the day and the week will be read also which that will put full-time frame continuity to the downside we'll have a red day we'll have a red hour we'll have a red um day we'll have a red week at that at that point of time and let me change this let me change this color too so you can visualize that so this is what it will look like after we uncouple on that second hour the hour and Couples from the first hour so it will look like this so at this point in time since this was the daily open right here now the day is red the week is red and also the month is red because we're below the monthly open right but let's say we get a reversal and we still haven't even hit our call entry or our put entry yet let's say we get a reversal and then now we're going back up to the upside so now we just had a um a 2-2 reversal so now let's this this candle is green now because we went up so now we're past our daily open which was right here now we're past our daily open the hour is green the day is green since this Monday the week is still green and we just passed our monthly open so now the month is green also so now we're in full time frame continuity and let's say this thing starts running and it hits our daily call entry and we're in the trade it hits our our daily call entry now we have full time frame continuity in the upside everything would be green at this point of time so this is an example of you following the money and it all started with your 60 Minute now your 60 Minute is your control group the higher time frames will tell you who's in control of that stock for the long run but your 60 Minute is your immediate control group that's what's happening right now at this moment of time so based on the 60 since that 60 was green that 60 was able to flip the day green the wheat green and the month green just based off of this example now it won't always be as sweet of an example like this um we actually need to look at Google uh I need to do some analysis on Google actually because now that I'm looking at it um if if we do go to up on Google that will give us full time frame continuity um but yeah that's how you can use full-time frame continuity in your favor and you can turn a chart that wasn't in full-time frame continuity into full-time frame continuity working with you not against you does that make sense to everybody or any questions on that it does I have a question though yes so say that we got into that trade and the candle was right where you have it it didn't quite hit the first price point but the next candle brings it back down it doesn't hit your stop loss but it starts to turn things back red okay because if it comes and so so then my question is I got into a trade that was full-time frame continuity now it's dropping it hasn't hit my stop loss but it's the conflict now with the time frame what do you do in that case did you just ride it um so to answer your question first let me address what you said and then I'll answer your question so as of right now based on the example or what you just said it didn't quite hit my price Target but it um It reversed and it started going down so as of right now just looking at it only thing that will be red would be the hour the hour right at this point but the month is still green because we're above the monthly flip right daily open was right here so we're still above that we're still green and the week um this will be the weekly flip and we're still above that also so as of right now the only thing that is red is the hour so now what we'll be looking for is a tto back up to the upside to hit our price Target um that's when you start monitoring your trades we don't have any control on what happens but we also don't get scared when we see a little bit of red because it may just be a tto for a 2-2 reversal backup to the upside and it could more it could just hit our price Target but that red candle that you put there if that went further and it and it's flipped a couple of things back to Red we still like yeah now we still just watch it and wait to see what happens correct so you would be on a smaller time frame um like maybe a 15 minute and you would have to learn Market structure so when I'm in trades I'm going off a market structure Market structure and I'm also a fib Trader so I'm literally watching so like I'll just give you my uh well it's hard to do it on on this bigger time frame but let's say I was using fibs or whatever and I put fibs on this and I know that the the points of interest for reversals are for a strong trend is the two three six and the 382 I will be looking for reverse off of that if it doesn't give it to me there I'll be looking at a 0.5 if it doesn't give it to me there and I'm still green keep in mind I'm saying if I'm still green um I'll be looking at a 618 if it doesn't give me a 618 bounce then I'm out of the trade I know the trade is not going in my favor because I know that 618 is the most likely place for a reversal um if it drops faster 786 then I know this trade is not going with me it's going against me but um the first thing I will look at before before even all of that is Market structure so I wouldn't be trading just on the hourly candle I would have my just how you've seen I have the four screens up like this I would I would have smaller time frames on there and I will be observing Market structure so if I'm on a 15 minute and I see that the market structure is changing um as far as we were putting in higher highs and higher lows but we just put in our first lower high or we just and we just put in our first lower low I know that the market structure has just now changed not in my favor so now I need to really monitor and see what's going on now if you just have a candle that just drops like this you just chop liver like it was nothing you could do about that the market is very manipulative and it's not set up designed for you to win so something you can't control it if that happens you know you just gotta if you if you have hard stops and everything like that you just have to um kind of deal with that it's nothing that you could have did differently that's what I'm saying but in a normal situation if it doesn't just drop like that just drastically drop you would just be looking at Market structure and um also other pivot Points or maybe you hit a broad information on another time frame that you missed there's a lot of factors so personally for me the more information I have the better um I'm able to deal with my trades makes sense thank you and if all of that was confusing to y'all like I don't want y'all to just get overwhelmed I start talking about fibs and all that just disregard that I was just giving an example that there's always more information out there um that you may be missing that doesn't mean go look for every everything because that can also overload you too but it means that I have my method to stay in the trades and get out of Trades and spot reversals and things like that and um yeah I stick to that um do we have any more questions about full-time frame continuity anybody I don't bite so that made sense to everybody okay well one thing I will add is when it comes to full time frame continuity obviously the higher time frame will show you the big picture so if we are red on the day but the the yearly and the quarterly are green or the quarterly is green and the month is green that's showing you the big picture overall that price wants to go up now if it's red on a smaller time frame excuse me such as the daily and the weekly it may just be a slight retracement or a slight reversal But ultimately the buyers are still in there um on the quarterly if the quarterly is green and the yearly is green those higher time frames if those are still green then that the money overall is still in that Trend and let me check the chat yes Tina it's very important to look at other time frames you want to know what's going on on different time frames because what can happen is you get tunnel vision only stuck on what you're looking at not realizing that there are millions and millions of other Traders and millions and millions of other Algos algorithm algorithmic trading by computers and things like that so if you get stuck to only looking at what you're looking at then that's how you start wondering like why did that happen to me well that's because you missed something so yeah it's very important to look at other time frames um can we get a summary yes yes so summary of this is first we talked about broad informations we we talked about the proper way to draw abroad information and would have brought information consists of which is a series of higher highs and higher lows expanding in the price range we show the different ways of how to draw broad informations the different circumstances where you can use those different ways to draw broad informations um I also showed you how to categorize your broad informations and the object tree and to group them and to hide them and with the object tree it doesn't have to just be brought it doesn't just have to be extended lines and Broad informations I could group all of these in the object tree and lock them and hide them and do whatever I want with them at the same time I can I can group all of my drawings at the same time um the object tree is a very powerful tool so I suggest um you know looking into that and playing around with it like I said if you didn't see our first video on how to chart I went over it very um in depth in that video so I suggest checking that out um and then next we talked about full time frame continuity we talked about marking the open of the higher time frames so you know where you are in relation to the higher time frames on the lower time frames you know when things will flip colors over here you know when when will what what levels will flip those candles green to red or red to Green that's important I suggest marking those levels and I don't want y'all to overload you guys up with um indicators but there are indicators for these things um they're indicators let me see there's an indicator that shows it does it for you and it is called Strat candles Plus open levels plus active plus full time frame continuity if you go to that if you click it it's going to ask for an agreement it's a warning you just hit apply and it shows you these are the lines so see how I drew that line here and you see how the monthly is the exact same line I did it manually but the indicator does it for you same thing with the week the week is the exact same line that I drew the only thing I didn't draw was the daily and that is the Daily Line right here it's called Strat candles Plus open levels plus active full-time frame FTC f c f my bad ftfc right here it's by wolf and bear wolf and Bear now when you get if you get the if you choose to use this indicator once you go in there turn off all of these smaller time frames turn all of those off and also turn off um anything that says select active ftfc because what if you click if you have any of these clicked on and I think they there's some of them click on by default I can't remember but if you have any of these clicked on what this is saying is you have to go to that smaller time frame first like on your chart you have to physically go to like if we have a 60 or 4 Hour 12 hour day I have to go to my 61st and then I have to go to my four hour and then I have to go to my 12 or it's not it's gonna like mess everything up it's not going to work so just turn all of that off I only use this indicator strictly for the the daily open the weekly open the monthly open so I know at what levels are going to flip my candles on the higher time frames did everybody get that okay you go back one more time it's right here and I'll leave it up for a second if you guys need to screenshot it or write it down thank you okay um I'm gonna check the chat one more time and yep so we don't have any questions thank you guys for coming out and um being with me today I know it's college football going on and you could be doing other stuff but I appreciate you for coming out if you didn't ask if you had another question that you didn't ask or you think of something later feel free to either hit our beginners chat or DM me um I'm more than you know more than happy to help you um if you haven't joined Zamunda by now please take that step forward with your future and join us we are a great family to have around and to be part of your journey so once again I thank you guys for coming out this weekend and that will conclude this lesson see you guys