Transcript for:
Understanding Storyline in Trading

hey yo what and I gotta be careful when I knock the uh when I hit my desk because afraid I may disconnect my and I have to re-record it like six times over but just a quick mic check with my finger pause fingered my mic successfully what's good man welcome back to the third episode guys so today I know you guys are super hyped for this one the introduction to storyline okay so today in this video we're going to be talking about how you can identify the start and the potential end of the storyline the reason why I use the word potential is because like everything in life there's nothing that is 100 certain except for mathematics which is why I love mathematics um I don't know why I said that um anyway so yeah how to identify the start and the potential end of a storyline or you could say the potential start and the potential end of the story because none of this stuff is actually certain and it's very important it's very important that I be responsible when I'm conveying this message to you guys because I don't want you to think that it's all just you know what I mean um what what what's that phrase they use honey and Roses or something like that I don't know man what it is but it's like it's not just all Guns and Roses man I don't know the phrase but let's get into this bro okay I'm tired man it's what's the time right now 2 A.M I got my chai yes I do have my chai this time that's why I'm up at 2A I'm doing this [ __ ] but uh anyway into the storyline how do we work this thing okay what is the storyline first of all storyline is incredibly simple bro all right it's simply the movement between one point to another or to a potential other because the reason why we use the word potential it's very important that you guys listen to me when I say this the reason why we use words like potential is because we don't actually know for 100 certain whether price is going to turn into this area or not we have a very very good speculation that we can make based on probability but if someone were to say Avi can you confirm this is where price will turn not a single Trader not a single retail Trader such as myself right can actually tell you that for 100 certainty if you're wondering a great test would be this bet your entire life savings on a price term and if it and if it's successful then that that's the person that you know what I mean probably works with the banks but anyway how does this work so we have ourselves two time frames now we're always dealing with two time frames it's very important that you guys understand this and I will reiterate this in the following videos for storyline understanding series okay so it's very important that you understand this even though you may be an intraday Trader okay so if you're an intraday Trader what are the time frames that you're messing with you're messing with daily when you're an intraday Trader you're messing with dailies you're entering on h4s things like that okay when you are a swing Trader such as myself I enjoy swing trading you would be messing around with what you'd be messing around mostly with weeklies monthlies okay mostly weeklies did you know the common relationship the common correlation between intraday Traders position intraday Traders swing Traders position Traders regardless whether you're messing around with the daily messing around with the weekly the the common theme is this a good quality intraday Trader still keeps in the back of their mind what the weekly is doing and what the monthly is doing you may be wondering but why I'm an intraday Trader all I should be messing about with is the daily yes you're right you're only paying attention to the Daily in terms of your entries and rejection specifics let's come up in the next video right however you still need to keep in the back of your mind what the other time frames are doing and trust me guys it's not like you need to do every time frame because there are only three time frames that you need to bother about the storyline for you only need to bother about the daily storyline you only need to bother about the weekly storyline you only need to bother about the monthly storyline and here's a little trick if you know the monthly storyline and you're a swing Trader such as myself you don't necessarily have to put too much emphasis on the daily because the weekly will be the imperative the imperative time frame for your monthly movements okay a simple cheat code for you guys you can go ahead and write this down whenever we're dealing with support and resistance we're always dealing with one time frame below so let's assume let's assume that we're dealing with the monthly storyline correct now it's a bit of a funny thing when I mentioned monthly storylines because most people don't utilize monthly storylines to its full extent but it's still important for you guys to know this let's assume that we're talking about the monthly storyline as rare as it may be for a Trader to bother too much about the monthly story let's say we're talking about it we're going to be dealing with weekly entry points or when I say entry points I don't mean that's where you enter no I'm talking about entry points or the sense of significant zones so now let me give you exactly what I'm trying to say so let's say we're dealing with something more common something more commonly used by Traders would be the daily would be the weekly so let's talk about weekly okay so when it comes to weekly let's assume price okay forget about this forget about this let's assume price is heading up here okay and this is what what is this area that we're dealing with right here and don't worry I'll give you guys plenty of examples this will be an incredibly long video but it'll be an incredibly informative video as well this is going to be the weekly okay this is a weekly let's say it's it's like this let's assume it's a weekly like um let's say It's weekly like this like we've always used this example it could be even this one who knows right okay now this is where you'll be learning things about like how do I validate a storyline how what is this rejection BS you know this is where you'll be learning about that stuff okay so um how long are we in here five minutes I gotta buck up okay so let's say it's something like this even right how do we know that how can I say okay look this is the deal right now okay as of right here as of right here this is a weekly bearish storyline see see how I can just say that immediately this is how I've come to that conclusion so when price reaches a weekly fresh support and resistance level so in this case is what weekly resistance correct here is the first thing that you'll be observing so first of all you need to understand what is the time frame you're on this is a very first question you need to ask for do you guys need to be writing this down there first thing okay what time frame is this what is this time frame it's the first question you need to understand okay so in this case it's reading correct am I right we're dealing with the weekly in this in this little example right second thing we need to understand we need a weekly reject weekly I'll give you an example of what that looks like hold on this is where it gets finicky for you guys so simple second thing is this as it rejected so has this time frame that's better has this time frame rejected the Zone we'll see because I'm trying to be specific with you guys right so in this okay has this time frame projected Zone what is this time frame this time frame is weekly correct okay number three has or we could say is there a Breakout one one time frame below is there a breakout one time frame below so this is what I mean if you guys look back at akfx my telegram Channel Link in description section below if you guys haven't already follow me on telegram I've talked about this months ago okay let's assume we're dealing with weekly don't worry oh but Avi you said we also have to keep in mind about monthly yes you can apply this to every time frame monthly all the way down but first of all it's monthly weekly day those are the time frames I miss about okay so listen equally there's a there's a weekly resistance okay picture this in your head and then I'll show you the example this is how I learn guys maybe it doesn't work for you just how I learn picture it in your head first maybe play my voice down in the slower speed picture it in your head and then when I show you guys the example it's like a it's like a revision for you guys okay so let me get to the point first of all we're dealing with a weekly resistance can everyone imagine any weekly resistance it could be an open close from the previous video I thought you guys it could be a weekly buy candle sell candle something like that it could be a weekly left shoulder right it could be a weekly support break become resistance think of a weekly resistance in your head fresh do you see it it could be whatever it could be it could be an apex left shoulder svr just think of a weekly resistance okay now it's going up going up going up it touches this weekly resistance that we're talking about right and it Rejects okay what is a rejection what's the definition of a rejection can anyone tell me the definition of a rejection okay definition of a rejection so let's say we're on the weekly right candle body closes below Zone simple so we're talking about a rejection of resistance right so this is a resistance okay so let me give you an example rejection candle body closes below the zone so let's let's give you an example of this okay here's one I can give you right now see how the body look at the body there's a Wicks correct there's a wick simple ohlc uh understanding okay these are Wicks the price can go as deep as it went can go all the way up here doesn't matter but does the body close below yes it has has it closed yes it has absolutely has it's closed okay we've rejected what is this called what is this called weekly reject weekly it doesn't matter if it's left shoulder svr open close Apex doesn't matter or point of origin whatever BS you want to call this it's rejected one of our resistance Source it's rejected okay so let's look at our questionnaire right here this little questionnaire we got over here right what is this time frame so what are the what is the story that we're dealing with right so when people say oh Avi what's the weekly storyline in your view this is what I say oh you're dealing with the weekly okay so that's my first answer checked off what is the time frame this guy's asking me about this guy's asking me about the weekly okay so we're on the weekly now this guy has told me Avi uh what's the time frame uh from from this from this example don't worry about right here I'll give you an example of what I mean by right here in just a second okay so we've answered the first question what is the time frame for the storyline that we're dealing with because with storyline it could be daily weekly monthly so what's the time frame okay second question has this time frame rejected the zone this sounds like a bunch of what the f is going on right excuse my language okay but here's the deal when we're dealing with a weekly storyline we are dealing with I mean we must we'll say we must have weekly rejection when you are dealing with a weekly storyline you must be dealing with a weekly rejected you must okay rejection very simple okay now let me ask you a question let's bend your mind a little bit let's exercise those thoughts right when we're dealing with a daily storyline can you give me the answer when you're dealing with daily so let's say let's assume let's assume this is a daily let's Zoom around the daily we have the left shoulder we have an apex let's just say we're just dealing with these two things maybe you're written it down in your plan okay I've tried sbrs sbrs often fail it often goes to the Apex or often goes to the left shoulder so you've written that down you've completely thrown away SBR so no problem no problem do you want to deal with just the left shoulder okay that's up to you I'm here to teach everything so let's say there's a daily left shoulder what do we want to see here when dealing with a daily storyline daily what do we need to do we need to look for a daily rejection okay guys very very simple it's the same thing with the weekly if I see this weekly left shoulder I'm not going to go to the monthly and look for a rejection similarly if I see this weekly left shoulder I'm not going to go to the Daily and look for a rejection no if I'm gonna say oh but Avi look it also rejected this daily then that's not a that's not a weekly that we're dealing with that is a daily we're dealing with right so look and this is going to be a brilliant example for later anyway how to enter early so let's say we don't want to wait for the weekly reject weekly we want to just enter one earlier how we can do that anyway we have this daily so now let's say it's a daily okay what's the time frame we're dealing with Avi What's the storyline over here man right I see it's rejected What's the storyline first of all what's the time frame you're dealing with oh you're dealing with daily Okay cool so it's daily resistance and we can see the price yesterday so let's assume price is like this right now right my Market's just open it's reject something obvious it moved real big I didn't I wasn't paying attention daily rejected this daily why rejection because the body closed body touched it it delivered to that price but it closed below our debt right close below okay cool that's a rejection so we're dealing with the daily has this time frame rejected the Zone yes it has okay so that's one that's two done is there a breakout one time frame below so just now we're dealing with the weekly we'll be looking for daily breakouts now we're dealing with the daily in this example that I'm giving you right now right not one time frame later what are we gonna go to H4 you're going to say oh is there a breakout okay I'm gonna say well there is there's one right here you can see there's already a breakout Buy sell creates a resistance resistance breaks this is how the creation of a left shoulder is formed by the way Buy cell resistance resistance breaks becomes support support breaks again that becomes the left shoulder svr Apex don't believe me look at your line chart isn't that a qm formation left shoulder svr Apex so answer the question daily reject daily yes okay for what time are we dealing with again with daily storyline okay daily reject daily yes second first thing second thing now third thing is there a breakout one time three below yes absolutely is a break so there she goes that is going to be your confirmation of the story and for your confirmation of a story that I'll give when I say confirmation I must be responsible and tell you that just because it has done these standard operating procedures does not mean that it's actually going to deliver the way you speculate it to mistakes can happen errors can happen things can look beautiful but it may still go to to [ __ ] you know excuse my French it may still go badly for you right that's just the game of probabilities so let's go back to our example of the weekly real quick shall we okay so look we picked this line we've noticed so let's say we went on vacation we come back we say holy [ __ ] what a movement this was weekly reject weekly wow right what we're going to say what time frame are we dealing with right now weekly right left shoulder weekly rejected the weekly hasn't rejected yet so if one two is done already three uh is there a breakout one time frame below so let's go one time frame below what's what's one time frame below weekly Dave boom go to daily is there a breakup oh yes there is a breakup you wanna even more obviously go to line chart oh okay there's a breakup right the issue with the line chart that I see for beginners is that you don't know whether this is going to be the breakout point or this is going to be the breakout which is exactly why I like to use where was the traditional SNR that broke that's it isn't this traditional SNR yes sell buy what's that support support gets broken that's it here the reason why on the line chart there's a Bend is because there is an open close SNR which is a form of SNR when that open closes in our breaks especially on a higher time frame it will cause a bend in the line chart because as I said it's still a valid form of support and resistance so this let's assume price was right here right let's let's assume price is right here okay now I'm going to give you an example after this and it's going to be like holy [ __ ] okay now check this out what is the time frame right now if you were to ask me what what is what is the story on man it's like I'm at this this kind of star pattern looking like thing over here right on this week Monday 6th February 2023 right what was the storyline I'll say oh look at this previous week the previous week what did it reject the previous week rejected are you guys listening to what I'm what I've just said what is what is the previous week done previous week has rejected this little thing over here what's that that's a fresh left shoulder okay so this weekly rejected weekly let me go check one time frame below ah we broke up okay so now what do we do so now we know Avi said this is the SOP for storyline okay now what do we do when it comes to what are the areas I'm going to pay attention to for entries right oh I made the team beautiful today I think I made it a little bit light though I think it's a little bit lighter it ain't strong like I usually make anyway okay uh weekly reject weekly daily breakup correct now here's the thing okay if you answer yes to all of these so let's say it's a weekly when yes weekly is rejected weekly and yes there's a breakout one time frame below right number four is did I spell that right significant significant Zone will be on so we can say save some time that's it now this daily fresh what does this mean what does the sentence here mean or this little phrase here mean significant zone is going to be daily easier way for us to say this okay significant Zone equals one time frame below now we're dealing with a weekly storyline am I it sounds like it's confusing guys but it's so easy listen delete all now I'm not gonna delete this I'm just going to copy this right okay look weekly very storyline now do you know how a weekly better soil comes about if I ask you this question and you say Avi I don't know you didn't teach I'll slap you I I'm gonna e-slap you have you heard of an e slap right look this is how you constantly this is how you conclude a weekly bearish storyline vice versa for bullish we'll do some bullish examples okay what is the time frame we're dealing with weekly so now we know we're dealing with the weekly storyline we don't even need this to be a step it's common sense it's logic it's number two has this time frame rejected the zone now we're dealing with weekly bear storyline has there been a weekly reject weekly of that fresh so there has been see over here on the weekly we've done that is there a breakout one time frame below yes there's a daily breakout right so a significant Zone that we're going to be looking for our entries from will be one time frame below okay weekly bearish so now we know we have our weekly bear store now how do we enter how do we make use of this of this knowledge weekly Barrister right significant zone so okay attention to daily cell zones these cell zones can be what they can be any type of SNR any type of SNR they can be open close they can be left shoulders they can be sbrs you know things like this it could be things like this right and it comes up but this is the daily we're dealing with it could be over here right things like that it could be a left shoulder so for example price is done maybe something like this right over here for example right the price can come up and just type it it could be any one of these these this this right boom comes up so if whatever it can be any one of these things okay so here's the deal here's the deal right we know we now know we can look for entries on the on the daily sales the daily serves two purposes in a weekly bearish storyline so if we're dealing with weekly we look one time frame below so look at this so check this out this I'm literally writing you guys notes for you when dealing with weekly bearish storyline right daily will pay attention to Daily Four entries and obstacles does that make any sense pay attention to daily for entries and obstacles and and right normally right when dealing with monthly various storyline what do you think we're gonna do okay okay now hold on I'm going to take a big sip of my chai and I want you guys to answer this question we're dealing with monthly very soil and what we're going to do okay I'm gonna leave that here and number three I'm gonna ask you this as well think of it okay what are we gonna do think about that real quick what are we paying attention to I'm gonna take a big sip of my chai and I swear to God you guys better understand this [ __ ] okay so we know base it's fractal everything works fractally okay so when dealing with a weekly bearish storyline you're paying attention to one time frame below for entries and for obstacles for because they're because look you're trying to enter and then you're trying to wonder okay I've entered my trade now where do I need to be worried about correct so that's your obstacle what you need to be worried about is your obstacle it's telling you pay attention one when dealing with monthly bearish storyline pay attention to weekly for entries and options you see one time three below monthly is weekly same thing for a day what are you gonna look at H4 for entries and obstacles now I do not want to talk too much about the daily storyline because there are a lot of intricacies that you can use the daily storyline for it's not difficult it's just it's a bit too much for now but it's a beautiful time frame to stack entries based on monthly weekly Berry storylines monthly weekly bully stories and I'll teach you guys that don't worry so write this down we're dealing with the week I think the most flexible time frame for you to deal with would have to have to weekly and keep in mind your monthly right so we were dealing with your weekly bearish storyline pay attention to the Daily for entries and obstacles one time frame below is where you will find your entries and where you will find oh no I should be worried about XYZ right one time frame okay so let's see for this case Okay so okay now yeah yeah okay so this is the example I wanted to give you guys so check this out check this out okay I'm gonna leave that there and delete this check this out remember open close from the previous video I thought you guys right okay check this out if you were to ask me Avi what is the storyline right now as we speak right now as we speak what is the storyline I'll tell you I'll tell you what the storyline is okay look okay first let me tell you what the storyline is the storyline is weekly bullish now now I've told you my my storyline right I want you guys to look at this chart okay look at this I'm giving you a hint this is going to be so fun for you guys if you say I'm wasting time I I swear I'm gonna e-kick you this time right I've been doing martial arts weeks I'll give you a mean kick all right now listen Okay Jokes Aside look at this I'm giving you a hint and I want you guys to tell me how I came to the conclusion that this is that right now as we speak we're in a weekly bullish story I want you guys to think about how I came to that conclusion okay look to your left what's the first thing you got to deal with we're dealing with the weekly okay we've answered number one number two has this time frame rejected the Zone think about it what zones could there be now this Zone now before I see I haven't even taken a sip of my child it's how much I'm sacrificing for you guys right think about this this zone is based on the second video that I've uploaded the video before this and I stubbed my my left pinky toe on a piece of furniture downstairs and I was like kind of kind of jogging to go get my chai freaking feels like I broke something Roy I didn't actually break something I'd be crying on the floor if I did my freaking tendon Bros like you know what I mean it's like a hyper extended sort of you know think about the Zone look to your left think about what zone it could be you're thinking oh man but it didn't reach this soon oh man it didn't reach that zone pay attention now think about ohlc flips all right that's all I'm giving you man chai is a beautiful man a gift from God you could say all right you thought about it hope you've thought about okay you interested to know Avi what the hell is that listen bro sell sell kissing candles what's this resistance correct resistance right is resistance based on the ohc doesn't matter if this is a high probability resistance or whatever is this a form of SNR yes it's a form of SNR because I told you ohlc this resistance did he get broken through yes it got broken through after it got broken through did it ever touch again no but here she comes down and touches first week let's go and look what happened weekly reject weekly weekly reject weekly is not enough my friends brothers and sisters weekly reject weekly is not enough we need that one time frame below break out remember is there a breakout one time remember that this was the the week end if I'm not wrong right here it just it just later we just ended here that's it Point Blank period that's it you didn't do anything on the on the daily right now let's look at the next week see this is when you start being flexible okay so the first week came down first we came down touch this resistance area rejected it too look it delivered rejected but on the daily there was nothing okay so if I were to bring up a horizontal line you'll see I'm not lying not a horizontal line a vertical line excuse me you'll see I'm not lying okay the the line denotes the start of the next week just what is this okay this has been the the next week starts see I'm not lying to you guys right okay cool the daily one more time so this is when that previous week remember the first touch remember I talked to you guys about the first touch right it touched over here it never broke out on the daily but in the following week see this is that that next week's candle right the next week boom she goes this the breakout here no no okay right here she breaks it so what what are we what are we dealing with this here weekly rejected weekly is there a breakout one time frame below yes there is this is that one time frame below this is the daily it's absolutely a breakup now you guys have asked me this question I'm not sure whether I actually included this in the first video or not you guys were asking Avi does it matter if weekly rejects Weekly right on the candle that it rejects so the candle it rejects as a result of that rejection as a result of that rejection we have a daily breakup right is that the only setup we use or or could it be where the first candle touches doesn't have any breakout on the lower time frame as a result of the rejection you see this one rejects but as a result of the rejection there was nothing on the delay that happened but in the following week right so through the process you could say during the process that event daily breakout which one will you use is there one that you don't use Etc here is the deal for me personally my preferred setup my preferred setup is when we have weekly rejects let's say weekly we dealing with weekly this whole time right it's fractals the same thing with other typos when we have weekly reject weekly on the candle the first candle that touches see first kind of letters on the first candle that touches what's see we touch we reject we close correct we close correct as a result of that closure we have a daily breakout that is my most preferred setup listen to my words most preferred setup okay same deal with with for example this right here candle comes up right in fact this passes the line no problem absolutely no problem right but the body closes below so now we are in this week see my see my hand we're in this week my e hand this week I look back at the previous week as a result of that rejection in the previous week did we have as a result of that rejection a breakup yes we absolutely did buy sell resistance resistance breaks oh look like it could be a left shoulder left shoulder breaks I mean the resistance becomes support support breaks we have a cell Z support support break become resistance right this is the support so buy support Buy sell resistance breaks up breaks back down left shoulder Apex right don't believe me check the line chart see it's over here you get the point you get the point right so you get the point okay this is my most preferred cell but let's say we have what we have right here right here we have a weekly reject weekly daily nothing happens here the next week we come back down in fact for an even deeper touch okay and during that process we have ourselves the breakout that's still valid is it my most preferred setup no no it's not but it's still valid it's still a part of the storyline so let's really break this bit down okay resistance breaks right straight catalog breaks comes back gets Revisited now over here we reject we we reject right we open here in the week quite a low opening touch when we go up okay we never broke we've never broke this as of risk now you see in here now we're on this third week now we look and on this third week we look at the previous week can be touched as a result of this touch let me go bring my vertical line up again so you guys know I'm not cheating y'all as a result of this closure right rejection inclusion was there a daily breakup yes there was as a result as a result of it yes there was absolutely there was right and what did that create that created you guys should already know how to Mark these I'll draw this just for the final right you can draw it like that you can draw it like this it doesn't matter your support is Right Here Sell by right here okay that's gonna be your area of Interest okay that this area here this this sell sell open close breaks up right come back it's within an engulfing you can see in this case it didn't bother about that whatsoever it just broke right through yes I I admit that see I drew it and I'm telling you guys I admit that those are things that can happen when I okay so yeah I just wanted to point that out there so over here you can refine you can do what you should in this case right right if we would let's just say we took a loss at the top or whatever right weekly reject weekly what did we create as a result so weekly reject weekly number one that's the first thing weekly reject weekly how do we play this weekly reject weekly number two daily which is one time frame below listen to me please this is very guys it took me six months six months alone I spent to understand storyline nothing else just storyline six months so if you're watching this video today you're like you know what I mean come on right so it took me six months just to and I remember that I remember those long six months just to understand the story so you can't expect to watch one video and understand Australia look we why is it weekly bully storyline I'll answer the question for you why weekly weekly reject Weekly right number two that's number one number two daily breakup right right up here correct okay that's it that's it weekly reject weekly daily breakout boom that's it now now the question you asked what was created as a result of the weekly reject weekly and as a result of the daily breakup what was created what was created is pretty simple we have ourselves a weekly ohlc we can play off of yes I know it didn't work out but we have that we can play off of and we have the extreme with the extreme right this little sell by which is what what is sell by support correct that is it my friends okay so we have a choice which which areas we want to play from I'm not going to talk about entries too much in this video but for example if you wanted to enter this I'll tell you exactly how you could have you could have used what second video I uploaded what could you have used for a medium risk entry medium to high risk entry how could you have entered this let's assume you want to take this right okay fine let's just use the rectangle rectangle It's weekly correct weekly what we do weekly daily what do we have daily we don't have any refinements we have this open closure but that's not a refinement of the weekly is it that is not a refinement of the week so we have our weekly okay can we find any so this is weekly daily is above it's not a multi-time frame because it's not refined okay fine we have weekly start here right okay weekly let me just delete this you guys know it's not a weekly reject quickly I don't want to confuse you guys even I'm getting confused now so we have a weekly here weekly there's nothing fresh on The Daily here there's an ohlc above but that's unrefined so we don't bother about that Weekly now we can't just straight away enter from the weekly necessarily we can if we have other confluences but it's not the best practice let's see since we don't have daily to our advantage do we have any H4 oh damn we do have ourselves a huge place to hate okay so you see what H4 and here okay so we have weekly above we have a H4 MTF within remember MTF is either on that line or refined a little bit below that line is this a left shoulder no it's not a left shoulder why because this body didn't close below it right this is a this is a support price comes down and it rejected that support beautifully right it's left awake so this is support if price were to break this the body would close below it correct and then break back up again and then that will the left shoulder right so it'll look something like this I want you guys to really understand this excuse me but instead we just did this right don't believe me look line chart see how it just flows up like that you see what I mean so there we go so we have ourselves H4 empty okay can we refine any more if we really wanted to can we see maybe we can right okay just getting a little bit Advanced but anyway this is the refinement there is an entry here you're wondering how because this is unfresh like once and twice but I'll tell you that maybe in another video but this is what just mark this and understand this H1 MTF H4 mpf okay it doesn't matter which how many mtfs there are is there an MTF yes there is okay so you can pick either one you can wait for certain other things like uh rejections Etc we'll talk about that that's as I said a bit more advanced but this is your weekly line right here let's go from top down that's our weekly line from the weekly we have our daily but our daily is not refined we ignore and our daily over here is already been tested see sell buy support already tested ignore that we go H4 anything on H4 anything interesting yes sell by fresh H4 support okay anything we can refine that too okay so over here we actually have a H1 MTF as well this is really interesting to see H1 MTF H4 MTF weekly let's do something quick just to pay attention to what I'm trying to show you over here this right here H4 right remember we saw the H4 cell by can we see this this is a perfectly Fresh open close too does it really matter is it really that significant we already have H4 in the same place as the weekly doesn't is it really that significant no it's not but I'm trying to make a point here did you notice that you see so yeah sell sell open close resistance open close resistance gets broken and never visited again but then it comes back it's fresh Avi but it broke down does not matter does not matter because why we are playing this from the weekly and again you're just having a 30-bit stop loss so if you want to enter we went down 9.4 Pips 9.6 Pips let's say we went down 10 Pips your stop loss is right here 32 even 30 Pips who cares 30 Pips your stop loss is here right and trying to Target I'll tell you what you want to Target so anyway okay so now here's the deal you have to be flexible with this one time frame below is when you eat okay so you have weekly bullish storyline one time frame below you're going to have your entries one time frame below you're gonna have your um obstacles so now you may be wondering Avi if one time frame below you have your entries and your obstacles why did you just go straight for the weekly I didn't go straight for the weekly I'm telling you that there are other options along the way and this is how this is what I mean by the operation of time frames right here operation of timeframes probably the most powerful video you'll ever see for intermediate for intermediate Traders right operation of time frames tell shows you how to reduce the risk because otherwise right once we broke up you could enter from here you can enter from here here right you have so many options to enter from which one is best most optimal right and even sometimes the most optimal one doesn't play out beautifully you see so for Now understand in this video all I'm trying to teach you in this video is not about these optimal entries I'm trying to teach you guys how to even find identify the start and the potential end okay so the potential end right I'm gonna be looking for what weekly levels where price can do a weekly reject weekly resistance this is a over here right what is this this is a weekly support see this is support why it was once resistance one resistance gets broken becomes support we keep your weekly support daily breakout right so what do we have weekly reject weekly daily breakout so we can write this down I love doing this on my whiteboard okay so weekly bullish storyline I guarantee you guys are not working as hard as I am that's that's the thing I not a lot of people work as hard as I am and that's why I've achieved this much with SNR that's not me bragging that's me telling you that's me trying to urge you guys trust me trying to annoy you guys to work as hard or harder than you okay I have a whiteboard okay it's a stand-up whiteboard from like primary school that I had I used to take down certain things over there like my scheduling for class and school when I was really young I erased all of that and I wrote down every week I think it was every Sunday or something like that the entire plan the entire storyline for the week Etc so I write weekly bullish story now what does that mean for me so weekly website what does that mean look at Daily or or daily for entrance I'll say something like that daily for entries and the weekly resistance or I'll say uh pay attention I'll say something like that okay and that when I when I'm looking at the charts because I'll you know use my last time I had this little Asus laptop that I put on now I have this whole desk Etc but I used to have this Asus laptop right that I put down and uh my dad got it for me for like my 16th birthday and I used that to trade it wasn't much but it was honest work and um I would I would I would put that in my room with my whiteboard there right have a cup of chai or something I think back then I was drinking more coffee than chai but it worked right and I'll do this okay pay attention to weekly resistance for what for a reversal things like that right and I will have more things I will show you guys in the future okay so here's the deal weekly blue storyline daily for the entries pay attention to the weekly resistance why because that's where price can potentially turned from price can start a new storyline there so let's say let's just assume right let's give you a random assumption okay over here right price can do weekly reject weekly and the price can do a daily breakup I doubt that's going to happen I think price is going to go out first but price can do something like this or whatever boom Oh left shoulder Apex SBR right come back and go down right I'm just giving you a random example just for the fun of it okay but that's what I'm trying to say pay attention to the weekend I doubt price is going to stay here I believe I mean I could be wrong but I believe price should go up that's what I believe um but yeah anyway that's my point okay so here's another bit of a detail how long are we 30 minutes 40 minutes oh okay here's another bit of a detail right now erase everything off 10 drawings damn I'm an artist call me Van Gogh okay look here's here's another thing weekly reject weekly I want to finish this quick for you guys it's very important weekly reject weekly daily when weekly rejects weekly so we're trying to look for a weekly version okay weekly reject weekly optimal setup is this optimal setup weekly weekly daily bearish breakup say from a cell zones okay this is the preferred set alternative setup is this this is going to be so exciting for you guys probably we can reject weekly now this is fractal you can do this with dailies as well if you check weekly no daily bearish breakout oh Avi so there's no way I can enter right wrong weekly reject weekly new daily just a daily resistance that's it that's it okay [Music] me what what does this mean to look for and I have to actively search for that stuff but this is what I mean by okay um I don't think that I would have to show you you know what I mean I have to actually show you what I'm trying to say but um yeah because it's going to take some time for me to look for an example actively like that but this is another thing that can happen so basically you know that if we have look over here if we have we can reject weekly write daily breakup okay but let's assume let's assume right weekly reject weekly and all the daily does is just this so cut out this entire thing cut out the fact that it broke anything out here cut out all of that it's just done this it's just done that you see what I'm trying to say so so it's something like this okay so let me show you an example of what I'm trying to see here okay this is your weekly correct price comes up blah blah blah blah okay and and you know does something like that okay it's your bullish candle right this is your bearish candle damn this is your bearish candle okay and that's all that forms meaning there's no breakout of anything there's just after the rejection so so listen after the weekly reject weekly on The Daily right all that is it's just formed a new resistance remember resistance doesn't mean breakup resistance just could mean by candle silicon resistance could just mean that that's how resistance created right breakout is something different right you know you have a support here and then that support breaks right but resistance can literally just be boom that's it that could just be resistance buy candle cell candle haven't you seen some of that happen before so look weekly reject weekly daily just just a new resistance that's it that's it just a new resistance similarly daily timeframe daily rejected daily H4 doesn't give you a nice you know daily share H4 right so it doesn't give you you know it doesn't give you a nice thing like this no it just it just sort of all it gives you is this look it gives you that buy candle right that you're looking for oh buy a candle cool and then it gives you the the cell candle right no break of anything bro it's just just that resistance or maybe the cell candle doesn't even look like this maybe the cell candle is like this bro look pay attention maybe the cell cattle is literally just like that see how it doesn't even break it doesn't even break this thing doesn't matter how it looks that's still a resistance correct am I right that that's a resistance why buy sell and it closed finish so let's assume then this this let's say we're dealing with the daily okay so daily reject daily right so let's say this is Tuesday let's say this is Tuesday okay so Wednesday okay Wednesday we open here right because open high low close we open right here okay we open here and price decides to spike up Spike up here this is Wednesday okay okay price has to spike up and then it freaking Falls bro freaking falls down after touching this resistance this can be your entry this is another way to to to enter this is this low risk no it's not low risk is this medium risk yes it's medium to high risk why why hold on question is why why is it not lower risk Avi because there's no breakout guys you straight so this was Monday Monday maybe touch the Zone maybe missed his own but he touched it and it didn't really do any H4 breakout Tuesday touch the Zone it touched the Zone like Monday did but it did but it didn't create a hateful breakup it just made a resistance as a result Wednesday you can come back and touchless this is your second way of the setup very I love this setup so much bro I love love love love love this setup so much bro okay I don't know maybe maybe this one okay this one didn't touch the touch sell buy support breaks we have this one we have this one two zones you're looking at right daily rejecting ah but I think this one broke though guys yeah it did you see we did break it ah it breaks see that's not a great example then for you guys but just imagine it didn't break let's say it just did this bye sell it's not even from the wig it's the candle after that buy some so let's say let's say right let's say this whole thing let's assume this happened on Tuesday let's just assume this happened on Tuesday and let's say this is a part of Wednesday or Thursday or whatever right you're gonna look at this let's say they did this ignore the fact that this broke let's just say it didn't break okay buy itself look to enter from here on Wednesday that's what it is bro that's what it is that's your second way of of you know what I mean setting that up that's your second way of setting that up you know so anyway guys I will don't worry that's not the only time I'll talk about I'll talk about in the future as well uh but I hope you guys understood this little trade here I hope you understand why this is a um weekly bully storyline we have this resistance from the open close gets broken becomes a support in the future we checks that Weekly support right we deliver weekly reject weekly after the weekly check weekly we want to wait we want to look for a daily breakout to confirm a weekly Boulder storyline okay and um after that we're looking at we're looking at certain time frames we look at the daily right you're looking at Weekly right looking at weeklies dailies big time frames like that in this case we have the weekly we have the weekly multiple with the H4 H1 things like that bro okay so again I hope you guys understood this you know weekly reject weekly right you can see you can see over here right weekly eject weekly sell all it did was a sell buy so let's assume right here this is just a hypothetical cell bye let's assume that sell by right so weekly reject weekly and then okay so let's say week one was like this weekly reject weekly so week two on Monday you're looking at week one and you're like oh previous week closed like this weekly reject weekly you go down to a daily go sell buy it never broke any stock you see it's meant to break this right it never broke it just created that then she touches and goes this doesn't actually happen but let's just assume that a new week actually started here but let's just assume that that will be your entry and I know it went it went I'm trying to give you guys an example here right this is still a rejection and that would be how you play that little example so um anyway guys don't get too confused understand first of all understand if you know how storylines are created now that's the entire objective of this video don't worry about what I just said at the end there too much if you don't understand it do you understand how a storyline is created time frame rejects a time frame as a result of that time frame project time frame one time frame below breaks out or that's the preferred setup or time frame reject time frame and um during the entire process later on there's a breakup right then the store then the storyline started now I don't want you guys to I want you guys to not confuse about something not be confused about something let's say weekly reject weekly and daily didn't break out it just did the little Buy sell is that confirmation of a storyline no it must have breakup for the confirmation of a storyline so be very clear with this with storyline weekly stop stop think weekly bearish Dollar weekly reject weekly daily must breakout if you want an early entry early entry you want okay no problem weekly reject weekly oh there's no breakup on The Daily but the daily made a new Buy sell candle that's a daily resistance you want to early entry because maybe in the process later on in the coming days we have a daily bearish breaker you want to have an early entry on that you can absolutely you can okay so I hope you guys understand that if it's confusing it is meant to be I told you I took six months guys 24 weeks I think if my math is right okay to understand and become fluent with storylines fluent six months may take you guys longer because I was working hours every single day anyway have a wonderful day peace