Introduction to Trading Mastery
This video is a complete tutorial on trading, teaching you from zero to advanced levels in a single comprehensive guide. Designed for traders aiming to execute trades live, it covers fundamental market concepts, strategic analysis, risk management, and psychologic discipline.
Understanding the Markets
- Currency Pairs & Forex Market: Trading is essentially betting on the strength of one currency over another. Forex is the largest and most volatile market with a daily volume of $7.5 to $8 trillion.
- Market Types: Covers stock, commodities, cryptocurrencies, and Forex, focusing on their volumes, availability, and trading session times.
- Trading Sessions: Best trading times occur during the London and New York session overlaps, from 1 AM to approximately 10:30 AM EST.
Essential Trading Platforms
- TradingView: For market analysis and charting. Learn to set up candlestick charts and use the no-gap candle indicator for cleaner data.
- Broker Platforms (e.g., LQ Markets, 1xTrade): Act as intermediaries to place your trades in the real market.
- MetaTrader 5: The interface where trades are executed; risk calculated, stop losses and take profits set.
- Forex Factory: To monitor economic news and fundamentals, though technical analysis predominates decision-making.
Market Structure & Price Action
- Market Structure: Identify higher highs (HH), higher lows (HL) for bullish trends, and lower highs (LH), lower lows (LL) for bearish trends. To deepen your understanding of market dynamics, check out Understanding Market Efficiency: How Smart Money Drives Price Movements.
- Snake Trick: A method to identify last structure points, aiding in distinguishing true shifts in market direction.
- Price Action: The core of all trading decisions, using candlestick bodies (not wicks) on various time frames (weekly, daily, 4-hour) to confirm trends. This ties closely with concepts detailed in Beginner's Guide to Price Action Trading: Trends & Consolidation Explained.
Trading Strategy Essentials
- Top-Down Analysis: Begin analysis on higher time frames (weekly, daily, 4-hour) to determine trend direction and area of interest.
- Area of Interest: Key support and resistance zones validated by at least three touches, essential for entering trades.
- Break and Retest: A favorite trend continuation pattern; wait for price to break a level, then retest it for confirmation before entering.
- Confluence Trading: Combine multiple factors (trend, area of interest, entry signals, patterns like head and shoulders) to increase trade success probability; learn more about these methods in Mastering the Power of Three in Trading: A Comprehensive Guide.
Key Holding Patterns
- Head and Shoulders: The only reversal pattern emphasized, identifying trend reversals confirmed by breaking and retesting the neckline.
- Candlestick Patterns: Focus on high-probability patterns like Doji, Hammer, Inverted Hammer, and Bullish/Bearish Engulfing for entry signals.
Risk and Money Management
- Scaling Up: Personal journey of starting from $100 and progressively scaling through meticulous risk control, often risking large position sizes initially but reducing risk percentage as account grows. This journey aligns with insights from Unlocking Generational Wealth: A Comprehensive Guide to Day Trading in 2025.
- One Trade Per Week: Taking calculated, high-confidence trades, avoiding impulsive decisions.
- Risk-to-Reward Ratio: Minimum 1:2 risk-to-reward advised, aiming for 1:4 for greater profitability.
Psychological Discipline
- Importance of setting strict trading plans and rules.
- Handling losses and profits with evenly matched mindset.
- Accountability through personal consequences to enforce discipline.
Real-Time Trade Examples
- Detailed walkthroughs of live trades including setup, entry signals, execution, management, and outcomes.
- Transparency about losses, wins, and broker challenges like slippage.
Community and Learning
- Emphasis on joining like-minded, committed trading communities.
- Continuous interaction with mentors and peers to refine strategies and mental fortitude.
- Encouragement that success requires full dedication and immersion.
Closing Thoughts
Trading is presented not just as a technical skill but a lifestyle commitment. Consistency, patience, and discipline backed by structured education and community support lead to sustainable profitability and life-changing success. If you are serious about trading, this video is your one-stop resource to mastering your path from beginner to expert.
Remember:
- Watch this video attentively, take notes, and practice.
- Exit the video if the content does not provide immediate value.
- Trading is a marathon that demands time, focus, and correct knowledge.
- The market offers endless opportunities; readiness is key to success.
For deeper insights into market behavior and strategy models, you might also consider exploring Mastering Market Maker Models: Forex, Indices & Stock Trading Insights.
Welcome to the final class. This is going to be the final class that you will need to watch in your whole entire
trading career to understand how to trade. I'm talking about in this 10hour video, I am literally going to teach you
from zero to 100%. From the point that you are literally going to be able to execute a trade with me inside of this
video live. Whatever I do on my phone, you pause the video, you do it on your phone. Whatever I do on my chart, you
pause the video, you do it on your chart. I'm going to take you through the most stepbystep process that I have
personally ever created or ever even seen online on a complete tutorial on how to teach you trading from zero to
100%. This is everything in one spot. I swear to God, I wish I had this video when I started my trading journey back
in 2019 2018 when I was learning how to trade online. Nobody created tutorials like this. There was a bunch of
different videos throughout the whole entire internet and I kind of had to piece them all together. And by the time
that I pieced them all together, I simply had an information overload and I didn't know what I actually needed and
what I didn't actually need. In this video, I'm going to teach you everything that you need and I'm going to briefly
explain to you what you don't need so you don't have to simply waste time on it. Because the truth of the matter is
that right now in trading, everybody is having a massive opportunity to make money online. the more time that you
waste having the lack of knowledge and not having the proper education to go and trade, the more time you are missing
out on these profits. So, I'm going to make everything on this one video, so all you have to do is just watch it from
zero to the end. You're going to know exactly how to be able to go out there and execute trades live in the market.
Now, I have really been thinking about doing this video for quite some time. I just haven't had the time to actually
get it done. But, when I actually now decided to get this video done, I wanted to this be more than just an information
overload video. Like I wanted you to practice this in real time. You're actually able to go out there and
execute live based off off of this video. Something that you actually get value from and you're actually able to
go out to the market and properly do it for yourself. Now, you're probably asking, who is this guy that's going to
be talking to me for the next 10 hours and is he even a reliable source? I've been trading the currency market for the
last seven years, and it took me about three years to become a profitable trader. I was two and a half years
trying to figure out how to make money online when it comes to trading. And after two years of watching endless
amounts of videos and failing, I finally figured it out. But it really wasn't always about trading. I first wanted to
make money online. But before making money online, I was working at Dunkin Donuts. Before working at Dunkin Donuts,
I worked at Crocs, Arab Postal, Sant's Enchanted Forest, and I even tried to get a job at a Valley parking, but I
never got hired. I was just a regular high school student that got out of high school and did not want to go work the
regular 9 to5. I wanted to get out of high school and become a successful person. I wanted to become a
millionaire. I remember as the semester was finishing, my professor came up to me and he woke me up from an nap and he
was like, "Hey, just letting you know right now, you could not come back tomorrow or not even finish this
semester, even if you were to ace every single one of the next tests, you're still going to fail the class." And I
said, "You know what? Thanks, man. You just saved me the next two months of my life cuz I was going to keep coming in
here and falling asleep." Fast forward for the next two months. I kept going to campus because my parents were tracking
my location and I had to go to school because they would, you know, kick me out of the house, ground me if I wasn't
going to school. And I was going to school to just figure out how to make money online. I was figuring out a way
on how to do drop shipping, which I tried to buy multiple different products, but my credit card limit
wasn't enough. So, I couldn't have enough inventory. Tried that for a little bit, dabbled with it, never had
success. And then I tried Airbnb arbitrage. So on my free time, as soon as I finished work and got out of the
school, just sitting in the library trying to figure out how to find the good properties for Airbnb arbitrage, I
realized that when I did find a good property, I didn't have the proper credit and have the bank statements to
sign a lease so then I can subleasase it, put on Airbnb, so on and so forth. And I pretty much wasted about 6 months
of my life trying to make money online when it came across, you know, these different businesses. And then one day,
one of my friends invites me to this event where they're teaching trading. I'm like, ah, dude, I've heard of this
stuff before. Supposedly, it's a scam. It's not real. Said, "You know what? What's the worst that can happen? I lose
100 bucks. Really, all I have at the time to risk on this." I go to the event. I get sold on the whole entire
MLM product, multi-level marketing. And uh what that really did is that it opened the doors to what trading is and
the possibility that it actually has. I was there for probably 30 days. I realized that these multi-level
marketing companies don't teach you how to trade. They just teach you what it is. But that opened the gates for me to
actually go out there and try and figure it out. So I tried to go on with stocks and I realized in order for me to
actually create a account in a stock market or with the stock brokers for you to actually go trade, it was a minimum
of 25,000. That was back in 2018 2019 when I was starting to trade. I didn't have 20,000 $25,000 to open up a trading
account. So then I heard that there's this forex market, foreign exchange where the entry barrier is 100 bucks, 50
bucks, and you have leverage up to 1 to 1,000. And then there that means you have a lot more buying power in your
money. The markets are open 245 compared to the stock market. They're open 9 to5, 5 days a week. I said, you know what,
this is a lot more attractive. Let me actually go head first into this. And little did I know that I was going to be
walking into one of the longest, darkest, and loneliest journeys that I have ever been. And that journey began
by myself in the library at Miami Day College campus. I was a whole entire year going to Miami Day College campus.
Instead of me learning English or learning mathematics or whatever they were teaching me in criminal justice, I
was learning what the foreign exchange market was, watching endless amounts of videos on YouTube, buying different a
bunch of different courses trying to see if it all worked, where it all came down to one simple thing. And all of that I'm
going to be teaching to you guys in this video completely for free. and it's all going to be in one spot. I had to piece
so many different videos together that literally that is probably what took the most amount of time getting all the
information that was on the internet, hearing the same thing seven different ways, realizing I'm watching the same
thing from a different person, saying it in a different way, and then having to minimize all that information for it to
come down to one thing. And that is exactly what I'm going to be doing in this video today. And it almost feels
like it went by extremely fast now that time has gone by. But after 6 months of me just trying to put all this
information together, lost a couple thousand dollars. Another 6 months went by and then I was supposed to be
graduating from college, getting my AA on pretty much year two and my parents realized that I was not going to college
and there I had to pretty much break through the news that I was doing this whole trading stuff and I was probably
about a year in year and a couple months in and I was so deeply invested that I had no other choice but to continue to
go. There was no way I was going to continue in figuring out a different way on how to make money online once I've
already invested a whole entire year into this. And things were starting to click, or at least I thought they were
at the time. So, I basically broke the news to my parents. I said, "Hey, I'm trying this whole trading stuff. I need
you guys just to give me some time to figure it out. My parents did not believe in me. They weren't supportive
of it. And I wouldn't either. I have old school Cuban parents that they barely know how to use WhatsApp. They don't
speak English. They honestly just all they understand is work on a regular job and that's how you're going to become
successful. It's not their fault. They were raised differently. But I knew that there was different ways on how to make
money in this world, especially online. So after about a year and a half, my parents aren't supporting me. I'm just
kind of living there at the house. I'm literally trading from my mom's closet. We have a closet downstairs and I'm just
trading out of that closet. And I'd say probably for the next six to eight months, it was a battle in between
myself and understanding the actual markets. So now I know exactly what trading is, how it works. But now I'm
just trying to figure out these patterns and if there really is one behind it. And I'd say after 6 months, it got to
the point where I was seeing the patterns. I would see things happen over and over again. But I just wasn't
entering at the exact point. I was either entering too late, I was entering too early, and I was probably closing
out my profits too short, my stop losses were too tight, I was just doing a lot of minor mistakes that accumulatively
made me a unprofitable trader. Right around the 2-year mark, my parents once again are pressuring me, what am I going
to do with my life, and I just kept asking for time, still working at Dunkin Donuts, dabbling other jobs, but I'm
trying to dedicate as much time as I possibly can to trading. Now, at this point, I seek some different types of
more serious mentorships. I understand a little bit more. You know, you need act an actual strategy for you to actually
become a profitable trader. And right around the 2 and 1/2 year mark, I went from losing consistently for two and a
half years to having my first ever break even month. I'm like, whoa, I think I might be doing something right because
you know what? This month, I didn't blow any accounts. I didn't lose any profit accounts. Like, I think I'm on to
something. The month after that, so two months, two years and about seven months, I had another break even month,
but a little bit slightly in profit, probably 1%. And then the month after that, I was in profit 10%. I went from
being an extremely unprofitable trader to then a break even trader to having my first profitable month. All of that in
the span of nearly three years. And in this video, I'm going to shorten what I learned in 3 years, all of the mistakes
that I did, all the unnecessary information that I had in just a one class setting. This is going to save you
guys so much time, so much headache that I can't even I wish I had this when I got started. After my first profitable
month, everything literally just clicked. I started going from break even months to a profitable months to then
just this becoming the new normal. All I had to realistically do was look back at my actual winning month and be like,
what did I do right there? If that's what worked, let me just double down on it when I see it again and then again
and again and again. And then you fast forward for another year. So I'm about three and a half years into my journey.
I am now a full-time trader. I think on my third year, three month three years and one month, I left Dunkin Donuts,
left my job, and I'm now just a full-time profitable trader. Told my parents that it's actually working.
They're seeing the money. they're believing it. And then right around my fourth year, I decided to just start
posting on social media because, you know, that was the only way to pretty much meet people as a trader cuz if
you're a trader, you're kind of in an office like this. You're just home 24/7. You're never going to really engage with
anybody cuz you don't need to go out to a social setting for anything. Everything you could just do it from
home. And all of my friends that I had in my journey as I was learning trading, all of my high school friends, I pretty
much separated myself from them because they didn't believe in my journey. They didn't understand what it was and they
were causing me so much stress trying to convince them of what it is and that it's actually possible that it was
distracting me from the journey. So, at this point in my journey, I'm really by myself and I'm just trying to open up my
doors to new people, just meet people, maybe meet some new girls, attract girls, cuz I'm realistically just making
a decent amount of money by clicking a couple buttons and I have so much free time throughout the day. And like a
hurricane or like a snowstorm or whatever you want to call it, it just blew up. I started posting, you know, I
bought my first supercar, which is an Audi R8. I started posting profits. I'm making a couple thousand dollars every
single day. And out of nowhere, this created this massive community of other people wanting to learn how to do the
same thing. The questions that I was getting asked were pretty simple questions. And I decided to say, you
know what? Let me just start helping people. And I just started posting YouTube videos. And fast forward another
three, four years, and we're here where I arguably think I have one of the biggest trading communities in the
industry. And I have helped thousands of people all around the world and shortened their learning curve from
years to months and gotten people to make tens of mistakes a day to maybe one a week and then them learning from that
and using those losses that they avoid to optimize and actually be able to risk the correct amount of money on the right
markets. So it all went from being a unprofitable trader by himself to then developing a skill set without even
knowing it, posting it accidentally on social media. it blowing up and now to the point where I just changed traders
lives all around the world and now this video is for you. And the only reason why I gave you this whole entire
backstory is so you understand at the point where I am right now in my journey. I have so much free time that
all I generally have passion about right now is just helping other people. I am literally dedicating more than 10 hours
to make this video for you because this video is going to probably be 10 hours and I'm done with it. But for me to
record it, for it to all get shortened down to the point where I probably put 20, 25 hours into this video, I'm doing
this for you. So, all I ask for you is to literally only focus on this video. And if by the end of this video, you did
not learn anything. You have absolutely no value. Hit the unsubscribe button, block me, never look at me ever again.
Don't believe me. But I am putting so much time and so much effort into this video because I personally really do
wish I saw one of these videos when I got started in my journey. So if you have any question, if you have any
concern, just go back, pause the video, write down notes. If I were to show you the amounts of notes that I took when I
was learning in my journey, I think I wrote down the same thing 15 different times because I was watching 15 of the
same videos just in different ways from different people. And that confused me so much because everybody would say it
in a different way. And what I can guarantee you is in order for you to become a profitable trader like me,
there is no other video that you need to watch online, including my own, because this video is literally going to teach
you every single topic, every single subject that you need to know to understand the markets exactly that I
do. Once this video is finished, the only thing that separates you and I is going to be experience. And that is
what's going to lead you to become a profitable trader. So right now, if you're driving, if you're at work,
you're on a lunch break and you started this video, make sure you pause it, put a bookmark on it, and come back to it
when you're ready to sit down and actually focus. Do not halfass this video. Do not put it on 2x. The points
of trading is for you to take your time with it. This is a marathon, not a sprint. And you attempting to learn this
information faster is actually going to slow you down because you're trying to speed things up and get all this
information as fast as you can. It actually slows you down because you're not going to process it and understand
it and you're going to have to come back and watching it again. So, it's going to actually take you double the amount of
time. No matter how fast you want to learn this, it takes time. It takes repetition and you need to understand
this is a brand new language. And a perfect analogy that I can put is let's say you're going to go build a house and
the same day you buy the land, that same exact day, you have the builders, you have the plumbers, you have the roofers,
you have the carpenters, you have the landscapers, everything. You cannot have the roofers put on the roof if the
builders haven't even built up the walls. You cannot have the gardeners put up the garden if they haven't finished
the construction. You're going to mess up your garden. Everything is a stepbystep process and it takes time.
And that is exactly what this video is intended to do. It's intended to go step by step in the correct order and for it
to be taken my time for me to explain to you so you understand it at the correct time. Now, with that being said, let's
officially begin this video. And if you are not 100% ready to write down notes, if you don't have your notepad out, if
you're not in a calm setting, if you're not locked in, you don't have your headphones in, do not watch this video.
Click the pause button and come back when you're ready. It's going to be a lot more effective that you watch this
video when you are 100% prepared to actually watch this video so you take a notes effectively and you understand
everything effectively. So with that being said, let's begin. So what is this trading stuff? What is this forex? What
is this stocks? What is this crypto indices, commodities, futures? What is this charts? What is trading? Well, I'm
sure we've all seen charts, right? This is what a chart is. chart is when something goes up or something goes
down. You've probably seen it either on an actual candlestick format like that or you've seen it on a line chart like
this. These are different ways on how the markets are seen. You can see it on a line chart. You can see it on a bunch
of different ways. And don't worry, we're going to get into all of those different ways in just a second. But
what exactly is trading? Well, trading is when you're literally doing what it says. When you are trading, you're
trading one thing for another. Now, some people think when it comes to the forex exchange market, the foreign exchange
market, that you're actually trading one currency for the other. Some people think that, oh, the euro and the dollar,
you're actually buying the euro and you're exchanging it for the dollar, or you're selling the dollar and then
buying the euro. At no point are you ever actually doing that. You're essentially just betting that
something's going to be going up or something that's going to be going down. We're going to get into all of that in
just a second. Now, before I actually get into the charts and I show you how to actually read the markets, I first
need to teach you and educate you on the actual markets. What are these markets? What do they consist of? How do like
when I actually buy a currency, am I actually owning it? Like, do I actually buy the euro? Does that mean that I own
the euro? If I actually were to buy gold, does that mean that I actually own gold? If I were to trade the NASDAQ, do
I actually own a piece of a company? So, let me break down these actual markets and what they consist of, right? So
right here we're going to have all of the main markets that are going to run the trading industry or the trading
niche. And these are in order. The first market is going to be the foreign exchange market also known as the forex
market where every single day it moves anywhere from 7.5 to 8 trillion on a daily basis. This is not only the
largest market in the world but is actually decentralized and it is open 245. Now when I started trading in 2018
2019 I remember reading this exact same sentence right here and it was anywhere from five to $6.5 trillion. The fact
that in just five six years this has nearly almost added $3 trillion into trading volume is absolutely absurd to
me. This just shows the amount of opportunity that is inside of the foreign exchange market. So the beauty
of this market is that it is available 245. You can pretty much trade it whenever you want throughout the week.
And that is the beauty of the foreign exchange market. It is the most volatile market, has the most opportunity in it,
and it is available the most out of any single market. Next is going to be the stock market, which you've all heard of
the New York Stock Exchange. That's where people would trade on the trading floor. And this is where the global
stock market trade. And it's anywhere from 200 billion to 300 billion on a daily amount. So you can realize the
magnitude and the size of the foreign exchange market. It is nearly 15 times bigger, 20 times bigger on a daily basis
because you're trading every single currency in the world. Right here in the global stock market, you're pretty much
just trading around the US, mainly around the NASDAQ and all of these other different USA companies. Next we have
the commodity market which is going to consist of futures, oil, gold, wheat and the daily volume from this can vary in a
couple of billion dollars but it's around a hundred billion on a daily basis. Now when you go trade the
commodities markets when you go let's say you're going to go buy gold for example doesn't mean you actually are
going to own a piece of gold. You're just betting you're basically betting with the markets that gold is going to
go up in price. That's pretty much it. When you go buy oil or you go sell oil, at no point are you actually owning any
oil. It's all digital currency. It's all money on the screen. They're basically making an educated bet if this market is
going to go up or it's going to go down. At no point do you ever own anything when trading any of these markets except
the cryptocurrency markets. The cryptocurrency market has an average volume of 100 to 200 billion in day
trading volume, but it is extremely volatile and is mainly controlled by Bitcoin and Ethereum and a couple couple
of other stable coins. Now, obviously the problem with cryptocurrency is there's, you know, no centralization
around it. It's completely decentralized, very much how it is when it comes to the foreign exchange market.
But these currencies are backed by countries. They've been backed by hundreds of years. The crypto market is
still fairly new. It's been around for, let's call it, 20 years at the max, 25 years. And it's something that is
completely decentralized. And when you actually trade a cryptocurrency, let's trade, say you're trading Bitcoin,
Bitcoin, you actually own it. If you trade Bitcoin and it goes up, you make money with it. If you trade Ethereum and
it goes down, you lose money with it. Same very similar how it works with the foreign exchange market. But when you're
trading the foreign exchange market, at no given point, you actually own some of the actual currency. I can say I'm
trading EuroUSD. At no point do I actually own Euro or do I own USD? So all of these I'm going to go into great
detail of how you can actually trade them, which ones you should be trading, which you shouldn't be trading, and how
you can actually build a profitable strategy to actually trade on these markets. These are going to be the main
markets that are going to be out in the markets and that you should have any interest in trading them. Any markets
inside of these, they simply don't have enough trading volume. And if they don't have enough volume, which is big numbers
like this, the odds of you becoming a profitable trader are much more difficult because lack of volatility
means lack of opportunity. You want to make sure that you are in a market that has a fair amount of volatility, not too
much because then you're prone to getting major losses and all of that. I'll explain later into the video as
well. But you want to make sure that you have a decent amount of volatility so you can have good opportunity to
actually make money when it comes to trading. But I personally have been trading the foreign exchange market for
the last 7 years successfully and lately I've been dabbling a little bit with commodities and I just have been
investing into crypto when it comes to long-term. This is my form of an asset. I would much rather put multiple six
figures into a digital currency where it can make me 20 30% annually compared to putting it into real estate where let's
say it can make me those same returns but I have to deal with less headache. I've never personally traded the stock
market just because I am not interested in trading in a market that does not have anywhere near as much volume or
availability as the foreign exchange market. I've traded the NASDAQ. I've traded the S&P 500 and all of these
other stock markets. And you can also do that in the foreign exchange market. And all of that we're going to be breaking
that into this video. And we're going to be actually taking a trade together. You're going to be able to pause the
video, look at the profits or losses on your actual end. And then you're going to be able to have an clear
understanding of how to actually do this for yourself. And now before we get right started into what is actually
trading, I want to bust every single myth that is out there online. All of the myths that my parents thought that
this was that even including myself thought this was or just the people that have an opinion on something that
they're just simply not educated on. And there's nothing wrong with having an opinion, but it's always good to get
educated on it. So I'm going to bust every single myth on what trading isn't. Trading isn't a Ponzi scheme. There is
Ponzi schemes out there on people creating systems around trading. That is entirely true. But trading itself is not
a Ponzi scheme. Like people are just essentially betting that something is going to go up in value or that it's
going to go down in value. If it goes up in value, people make money. If it goes down in value, people lose money. That
is what trading is. So no, it's not a Ponzi scheme. Also, in order for you to actually become a trader, you don't need
to be a mathematician. You don't need to go to college. You don't need to get a degree. You don't need to be a genius.
To be fair, I graduated high school with nearly a 1.7 GPA, I think it was, or a 2.0 GPA. I can't even remember what it
was. I barely passed high school. I failed at college. I was not the smartest kid in class. But what I did do
was show up every single day to try and figure this out. I had a driving mindset that was going to lead me to success.
But I did not know what was the root square of 75 when a car is driving at 50 miles an hour and x equals 5. I have no
idea to this day what that is and I don't need to and I've had two Bugatti. So I think I've done very well. Trading
is not something that you need to have habits for. You don't need to wake up every single day and meditate. You don't
need to wake up and light up a candle, read a book, set a certain light, all of that Instagram, Tik Tok stuff. That is
not real. You do not need any of these morning routines in order for you to become a successful trader and
understand how to read the markets. I can be looking at the markets in front of my computer. I can be looking at it
on my phone about to board onto a flight. I can be looking at it while I'm driving, while I'm at the beach, while
I'm doing anything. All I need is a screen and decent amount of internet and I'm able to go ahead and look at the
markets. You don't need to set up a whole entire ambiance around me to actually read and understand the
markets. If you know how to read it, you know how to read it. And trading isn't also something that a lot of people
think like, oh, we're going to wait for price to come all the way to the bottom, so we buy. We're going to sell all the
way at the top. We do not try and predict tops or bottoms. Actually, on the complete contrary, I want the market
to be moving up very aggressively and I want to buy with that market. The trend is your friend. I've had that quote on
my desk, I think, for seven years. The trend is your friend. I am not here to create a trend. I'm not here to break a
trend. I'm here to trade with the trend. What do you think is easier? To swim against the current or with it? And here
in trading, we are here to swim with the current. At no point are we ever trying to predict something when it hits all
the way at the bottom and then we buy or something when it hits all the way at the top and then we sell. We trade with
the trends. And another one of the biggest misconceptions that people have is that they think that they need to be
in front of the markets all day in order for them to actually read the market and become a profitable trader. Do you need
to be in front of the markets for a long period of time for you to actually understand how the markets move? Yes.
But once you get it, you don't need to be in front of the markets every single day. Another one of the biggest
misconceptions that traders have or people in general when they get started into trading is that you need to be in
front of the markets all day every single day in order for you to be a trader and a profitable trader. That is
that cannot be further from the truth. The less amount of time that you spend in front of the markets, the more amount
of money that you're going to make. It's very counterintuitive because at the beginning you actually need to spend a
lot of time so you can learn and practice it. But once you understand the skill set, then you don't need to be in
front of the markets all day every single day. It's like when you're going to go learn a language, let's say you're
going to learn Chinese, for example, it's your first time learning Chinese. Are you going to have to spend more time
than the regular person that wants to learn Chinese in the class? Yes, you're going to have to spend more time. But
after you learning Chinese and being in the class for an extra hour every single day for the last six months, it gets to
the point where you no longer have to be in class for you to understand Chinese and to perfect it. You could be
listening to some music. You could be interacting with people on the street. That is where you practice it and you
perfect it. And then you don't need to speak Chinese every single day in order for you to master and perfect it. You
just need to make it part of your normal routine and it just becomes second nature. Once you learn it, you're not
going to unlearn it. It's the exact same thing with trading. Once you learn it, you don't need to be in front of the
markets every single day to trade. You only trade when it's time to trade. And by far probably the most important one.
People think you need money to make money in trading. And I'm going to answer this. The answer is true. You do
need money to make money. But you don't need a lot of money to get involved into trading and make a decent amount of
money. You can get started with a couple hundred bucks, maybe a couple thousand bucks, and that is going to lead you to
have returns equally to what you invest. It it is all based off of risk-to-reward. If you risk a hundred
bucks, you're going to make a couple hundred bucks. If you risk a couple thousand bucks, you're going to make a
couple thousand bucks. You're not going to turn a one singlehandedly $100 bill or a couple hundred dollar bills into a
quantion. That's not going to happen. Can you multiply it and scale it over time with proper risk management? Yes.
But you don't need a large amount of money to get involved. And people have this conception as well as as soon as
they put the money into the market, it's automatically gone. No, that is the complete like opposite. You actually
predetermine how much you want to risk of the capital that you put into trading every single time. Let's say right now I
go and deposit a h 100red bucks into the broker that I'm going to be using. That doesn't mean that that 100 bucks is
invested right away. That just means that the money is inside of a platform that then I can go and execute one of
these positions on. Now, before I execute that position, I'm going to pre-calculate my risk on my $100. I only
feel comfortable risking $10 on this trade. That's all I'm going to lose. And I'm going to be teaching you guys on how
to do that throughout this whole entire video. But I want to make it extremely clear what trading is not. Okay. So, now
that you understand that there is different types of markets out there. You have the currency market, commodity,
stocks, you have crypto. There is many different types of traders that executes on these type of markets. For example,
we can have what is called a positions trader, which these are also known as whales, which these traders happen to
take anywhere from one to two positions a month. These are people that have large sums of monies and they're
realistically not interested in being active every single day or every single week. So now moving on, now that you
understand that there's many different markets out there, you have the foreign exchange, the stocks, the crypto, all of
these different markets. There's different types of ways of trading these markets and there's many different types
of traders that execute these markets. Now, you can trade these markets as if you were to be a position trader, a
swing trader, day trader or a scalper. You can be any one of these traders and execute this style of trading on any one
of those markets. For example, if you were to be a position trader, these are also considered whales because they are
risking large sums of money either once or twice a month on certain positions that they take. They aim to have
anywhere from two to three to 4% a month realistically with minimal effort, minimal activity, and just large sums of
money. These large sums of money are this is why they're called whales and position trading, but this is more for
kind of institution style and people that aren't really active in front of the markets every single day. Can you
make money as a position trader? Of course. But it does require large sums of money because you're looking to
target bigger trades. So, you're going to have very, very, very big take profits, very, very, very big stop-
losses. I've attempted this style of trading in the past. It's just very expensive because you have to risk large
amounts of money because you get charged every single time you hold a position. And I'm going to get into all that stuff
later into the video, but this is a future way of I think everybody will eventually become a trader of as you
progress throughout this whole entire chain. Next, we have a swing trader. So, a swing trader is somebody that anywhere
that takes anywhere from four to five positions a month. And these positions that they take are not as big as the
positions traders, but they are decently big trades. And these trades happen to have the best risk-to-reward out of any
one of the traders. The swing traders are the ones that look on the higher time frames but still incorporate the
lower time frames to have entries and have great risk-to-rewards. I personally myself am a mix or a hybrid of a swing
trader and a day trader. And this has led me to be able to have the sniper entries of a day trader and the
takeprofits and the great risk-to-rewards and the big big big trades because of the swing trading
approach. So a swing trader takes anywhere from four or five trades a month. The trades that they take are
very sniper, very accurate, and they tend to be probably the more patient traders next to the position trade. Next
to that, we have a day trader. So day trader are somebody that are obviously most commonly known in the trade
industry. We all know trading because of day trading. You trade every single day, but that doesn't mean that you're
actually trading every single day, but you're more or less looking to be active either two to three times a week on a
market. Really depends the types of opportunities that you get. Because typically, if you were to enter a trade
today, it should hit your take profit today. Maybe it can overlap into tomorrow. That's where you take anywhere
from two to three, maybe even four trades a week on the higher end. Day traders tend to have anywhere from a 40
to 50% win rate, but obviously they're taking a lot of positions and the risk-to-reward isn't as high. A swing
trader's win rate tends to be anywhere from 60 to 65% because they're taking less trades, which the quality means
that they're much better. And then a swing trader's win rate tends to be anywhere from 70 to 65% but their
risk-to-reward tends to be even greater than that. Last but not least, or like I would like to say definitely least is
going to be a scalper. Scalp trading is probably what every single person thinks that they are when they come into
trading because people think that the more amount of positions that you are in, the more money that you will make
and that cannot be further from the truth. A scalper is somebody that tries to take two to three trades every single
day, a trade every single day. And that actually overexposes yourself and puts you at more risk because the more you
get involved into the market, the more risk you are in. The more you're actually trading, the more odds you have
of losing. The less you trade, the less likely you are to lose. So then you might ask me, "Wait, Alex, so then how
do you actually make money if you're not involved?" You make money by entering the right trade at the right spot, and
you let it ride. You make money while the market moves. You don't make money by getting involved into the market. Two
very very big like they're two completely different things. And the quicker you understand that, the quicker
you're going to make money in trade. You don't make money in trading by getting involved. You make money in trading by
getting involved at the right time at the right place and let the market move. Let the market do its thing. Let it
create the market structure. Let it go up. Let it go down. Whatever you're doing with it, and that's when you make
the money. every single time you enter a position, you're adding more risk to your account, which in turn can end up
to you losing. Yes, it could also mean that you can make money, but nowhere near as if you were to enter one solid
position and you let it run. If this doesn't make sense right now, don't worry. It's all going to click
throughout this video. Right now, I just want you to have a deep understanding of the different types of traders that
there is out there. My personal favorite is going to be a day trader or a swing trader and then the happy medium right
in the middle. Everybody starts off as a scalp trader because they want to enter a bunch of positions thinking they're
going to make more money, but then they end up developing and growing as a person and become a day trader. These
are the main types of traders that go and execute on either the foreign exchange market, the stock market, or
the crypto market. Okay. So, now that you understand that what type of markets you're going to be trading, the type of
trader that you can be on this market, let's actually start breaking down the exact markets that you are going to be
trading. We'll figure out what type of trader you are later in this journey and see which one makes the most sense for
you. But the most important thing that you understand is what type of markets you're going to be trading. So, we're
going to be breaking down the foreign exchange markets. This is the most volatile markets, the markets with the
most amount of opportunity and gives you the most possibility to make the most amount of money. So, we're going to be
breaking down a forex pair, a currency pair, a market that is consisted of currency, right? So, as you can tell,
all of these markets here to my right hand side, they're all different types of currency markets. The USD versus the
CAD, the pound versus the Canadian, the Australian versus the Canadian. And don't worry, I'm going to teach you how
to set up this whole trading view, all of this Chinese that you think this is this is a new language to you. Don't
worry, I'm going to help you set all of this up. But, we're going to first start off by breaking down what is a currency
pair and how does this even work? Well, in order for you to trade the foreign exchange market, you have to trade one
currency against the other. You're basically betting that one is going to get stronger than the other or that that
one's going to get weaker than the other, which enhances the same exact thing. If something gets stronger, that
means the other gets weaker. It's very simple. So, all we are doing when we are trading a currency market is we are
betting that something is either going to go up or betting that something is going to go down. At no given point, if
I'm trading the EuroUSD, for example, which is this market that we have here, at no point am I ever actually owning
any actual euro, or am I actually ever selling the dollar against the euro or buying the euro against the dollar? If
I'm trading the Canadian dollar versus the pound, at no point do I actually own any physical Canadian dollars or do I
have any British pounds at no given point. All I am doing is I am betting that one is going to get stronger than
the other. So how does this betting work you may ask? Well, it's very simple. This is a currency pair. It's made up of
two different currencies. The first currency is going to be the base. So this is the base currency of the pair.
Then we have the quote currency which is the other currency pair. These two markets are constantly in a battle. Who
is stronger than the other? If this market decides to continue to go to the upside and it starts creating market
structure like this to the upside that means that the euro is stronger than the dollar. If this market is then moving to
the downside like this then that means that the dollar is stronger than the euro. Now how would I know that? How
does that make sense? Well, it's very simple because this base currency is what's going to drive the price up. If
we are currently at a with a very strong euro market and the euro is very very very strong that is going to mean that
it's stronger than the dollar and it's going to push price to the upside. If the dollar is going to become strong
then that means that it's going to be stronger than the euro and it's going to push price to the downside. So this
quote currency the best way to understand it is if it's getting strong you want the market to go down. If this
base currency is getting strong, you want this market to then go up. Now, I wanted to be very clear. When you want
this market to be strong, when you want the euro to go to the upside, you want to buy this market. You're going to buy
eurousd. Once again, you're not buying any euros. You're essentially just betting that the euro is going to get
stronger than the dollar for a period of time, whether that be a couple of hours, a day, a week, a month, whatever the
case is. But then if you want to sell EuroUSD, at no given point are you actually selling the dollar? You're just
betting that the dollar is going to get stronger than the euro. So are they both equally as important? Can they both have
equally the same amount of moves? Absolutely. Just because a market is going up doesn't mean that that's going
to be more probable or stronger than a market that is going down. Remember this market going down doesn't mean that the
dollar is getting weak. it actually means that it's going to be getting stronger against the euro. So whenever
you are selling EuroUSD or selling any market, you're basically betting that this market is indeed getting stronger
than this one. It really comes down to the way it represents in this battle well or in any battle. If somebody is
winning, that means that they are standing up and fighting and if somebody is losing, they fall down to the floor.
Well, in this market, it's actually the complete opposite because this fight never ends. This fight is a forevergoing
market between the dollar and the euro. Markets going up, markets going down. And whenever the markets are going up,
that means that the euro is winning the fight. Whenever the markets are going down, that means that the dollar is
winning the fight. But at no point does a fight ever end, the fight is always going to go on as long as we have both
of these currencies. So whenever the fight is going down, that means that the dollar is getting strong, the euro is
getting weak. Whenever the fight decides to continue to go back up, that means that then the euro is going to be
getting stronger against the euro. That's really what it comes down to. These are two fighters fighting up and
down. And then whenever they're going in one direction, that means they're getting strong. Now, what are these
numbers right here, right? What is this numbers that keep going up and down? Well, this is actually probably the most
important thing that you need to understand what it is, but you're never going to actually use it because you
don't really care what the actual exchange rate. So these numbers right here are the exchange rate of the actual
currency pair. And as you can see it right here on the live market. That's why it's 1.17.
So $17 is going to equal 1o. That is really all that this is right here. So this just
lets you know where the market is in terms of price. And these numbers going up and down is what's going to lead you
to determine whether okay, I want to buy or I want to sell. But at no point are you ever actually going to be looking at
these numbers. These numbers just reflect what the actual charts are going to be doing. When we go to the
candlestick charts, these charts will just reflect on this price right here. This price is going to reflect on these
charts. So, this right here is what a currency pair is. It's a battle of both of these markets 245 for the rest of
history. And whenever one is going up, that one's winning. And whenever this one's going down, this one is winning.
There is endless amounts of currency pairs out there. I personally trade myself 15 to 20 different ones because
there's just more opportunity on the more markets that you trade. And there is more volatile currency pairs. And
then there is less volatile currency pairs. Obviously currency pairs that are less commonly known. Let's say like the
noggin, the Mexican peso that don't tend to have as much volume compared to the US dollar, to the euro, or to the
British pound. They're going to be a lot less volatile. Can you still trade them? Can there still be loads of
opportunities? Of course. But the odds of you making big moves on those markets are very unlikely. Can you still do it?
Yes. And I'm going to be educating you how to properly do that as we continue to go on throughout this video. I just
first want to teach you exactly what a currency pair is and how it works because this right here is what you will
be trading 245. And you need to understand exactly what you are doing whenever you are trading these type of
markets. And these right here are going to be known as the major currency pairs. You're going to have your euro versus
the dollar, the pound versus the dollar, the dollar versus the Japanese yen, the dollar versus the Swiss Frank, the
dollar versus the Canadian dollar, the Australian versus the dollar, and the New Zealand versus the dollar. If you
can see a pattern here, they're always going to have the dollar in it. The dollar is obviously the one that is the
most respected, the most valued currency in the market. It is the simple fact and it is always going to be used against
the next main currency pair. Now, some people sometimes ask, why isn't it USD versus euro? And this is just the way
the market's set up. I don't have the answer to that question. Is there any point where they're actually flipped
over? I'm going to be completely honest. No, I have never even considered that. But even if it were to get flipped over,
let's say it's the USD versus the euro, it's still the exact same thing. It's just this time instead of the dollar
reflecting its strength while going down, it's going to reflect its strength while going up. Same thing for the euro.
So, everything remains exactly the same. This is just the way that the currency market has set it up. So these are the
main currency pairs that you should be trading. And the reason why you should be trading these currency pairs is
because one, there's a lot of volatility in it. Meaning that it is indeed going to give you lots of opportunities. Two,
since there is a lot of volatility, that means that there the cost to operate in these markets are going to be very low
because people are moving constant funds inside of these pairs. So the cost to get involved is not that high. And on
top of that, these tend to also be the trades that have the best moves in the right sessions. And three, these are the
markets that tend to have the best moves. Now, when I mean the best moves, I mean that they actually have proper
moves because other currency markets that aren't as volatile or aren't as respected in the market. They tend to
have the most random moves, moves that cost people a lot of money and it tends them to lose. Now, I'm not saying you
shouldn't trade uh any other markets that are not these, but I'm saying that these markets tend to have the most
respected moves. They don't tend to have these major spikes. They don't tend to have these unnecessary fees which end up
potentially taking you out of your stop loss when price didn't really make it there. These are all a bit more advanced
stuff and we'll get to that throughout this whole entire video. And I trade these other markets all the time. I
trade the most random markets. You know, I'll trade the Canadian dollar versus the Japanese yen and find great
opportunities there. But I just have to understand it a risk associated with trading in those currency pairs. This
right here are going to be the major currency pairs and the ones that tend to have the best price to actually trade
cost less and have the best moves. So we'll break these down with the actual strategy and how to actually trade it
later into this video. Okay, so now moving on to the next subject. Now that you understand what a actual currency
pair is and you understand that they're in a constant battle up and down and that there is a neverending on this
fight and there's never a winner. There's just some streaks where one currency is winning and there's another
streak where another currency pair is winning. Now you now you have to understand that this battle this fight
has to be reflected based off of something like we have to see the trail of this fight. When a currency pair is
going up, it leaves a trail. When a currency pair is going down, it leaves a trail. Now we need somewhere to show us
this fight. Now this fight could be shown in many different formats. You can see this fight either in a line chart
formation. You can see that the euro for example is getting stronger then the dollar gets stronger then the euro gets
stronger again. So this is the line chart that is representing how this fight is going. You can also have this
famous bar chart which the bar chart shows whenever it's green that the euro is getting strong. Whenever the red bar
comes out that means the dollar is getting strong. So on and so forth. Then we have the candlestick chart which is
the most commonly known in the trading industry which is where you have the green and red candles and that is the
representation of the fight. So there's many different types of charts and all of these charts are representing the
exact same price. This right here is Euro USD. This is Euro USD and this is Euro USD. It's just representing the
fights in a different format. The best analogy that I can give you for this is for example, let's say Mike Tyson and
Floyd Mayweather are going to be fighting. Now, you can either watch the fight in person or you can watch the
fight on TV or you can hear the fight over the radio or you can simply hear the fight over a headphone. Right?
You're hearing, watching, you're getting the exact same feedback on the exact same fight at the exact same point.
every single point, whether it's on TV, whether it's in person, whether it's in radio, whether you're just listening to
it, you're going to be hearing the same exact thing. Oh, Mike Tyson at this point was beating and knocked down Floyd
Mayweather. Floyd Mayweather came back up, hit him with an uppercut, but then Mike Tyson knocked him out. Whether you
are hearing that, whether you are seeing that, whether you are just listening to it, all of these are the exact same
information of the battle of the currency pair up and down just being represented in different ways. That's
really all it is. And the most commonly known one is going to be the actual candlestick chart. The candlestick chart
is where you're going to actually be able to trade off of the famous Japanese candlesticks and actually see patterns
that constantly repeat themselves in a very effective way. These are going to be the markets that I'm going to be
educating you guys on on how to properly execute these trades and actually trade in these markets. The bar chart is not
mainly commonly known for traders. This is used for a different type of style which I'm not entirely sure how it
works. So, I can explain something I'm not simply educated on. And if up to this point right now in my trading
journey, I have literally not used it one single time. I feel like it's not necessary. I saw maybe 15 videos of this
when I got started in my trading journey. None of them ever made sense. And I just simply wasted time and
clouded my mind with information that I was simply never going to use and was not going to be effective in my trading
style at all. So then I wasted time and not giving focus on to what actually mattered, which was the candlestick
chart. That's what I'm going to do for you guys in this video. Tell you guys a little bit of what everything is.
literally only focus on what matters and can remove the noise of what doesn't matter. Next, we have the line chart,
which is equally important because this is going to lead you to understand the proper market structure on the time
frame or on the market that you're going to be interested in. Have an understanding that this right here is
like watching the real fight in real time. These candlesticks, these wicks, these moves down, this is like you're
watching the fight in person. and you're getting the sweat that is falling on you. If you're sitting first row, you're
hearing the roar of the audience. Like, you're getting everything as real, as raw as it gets. No commercials.
Everything is on the spot. Think of the line chart as if you were to be watching the fight on TV. And you might be asking
why. Well, it's because this only creates these structure points once the market has actually closed. Once a
candlestick has closed, the next one has opened. Like, this doesn't really represent a move until it is completely
done. I'm going to be breaking all that down in just a second, but think of this as the next step. So, first you have the
live, which is real raw fight. This is happening in real time. And then this you get commercials. Maybe you have
maybe it might have a 15 20 second delay just because of the way it gets transmitted. But then after that, there
is nothing else that is going to be important. We're not going to be using no bar charts and we're not going to be
using the scatter plot. Neither one of these are going to be useful. They're just a different way on how to represent
the fight. I am not educated on it at all. I just wanted to show you different representations of how the candlestick
chart looks compared to the line chart. So, now that you understand that the only two types of charts that you're
going to be focusing on is going to be the line chart and the candlestick chart, let me actually just show you
guys how this looks like in real time, right? So, let me just remove this right here and let's actually go to the real
markets. So, right now, for example, let's say we go to EuroUSD. So, we're going to type EuroUSD here on Trading
View, and we're just going to go to a random EuroUSD market. Now, don't worry if you don't know how to use Trading
View just yet. I'm going to help you set all that up, but I first want to educate you on how the charts work. So, we were
to click this section up here, you can tell that we have our bar charts, we have our candlestick line charts, we
have our hollows. There's many different ways on how you can determine whether this market is going to get stronger or
weaker with all of these different types of formations. So, now that you understand that, basically the
difference between the line chart, the bar chart, and the candlestick chart is really just how the fight in between the
currency pair is represented. Let me show you this in a realtime chart. Right? So, for now, we're just going to
move this down, and we're going to head over to the top section over here of Trading View, and I'm going to show you
the multiple different ways on how you can actually look at this fight. Now, don't worry. Later into the video, I'm
going to show you how to set up Trading View, which one of these options should you actually be looking at, cuz I get
it. This can almost seem like information overload, but I'd tell you that maybe 50% of the buttons on this
website you're never going to use, and the other half of it are very simple to use, right? So, let's start off with the
bar chart. So right now we are looking at BTC or we can be looking at EuroUSD or we can looking at any single chart
right. So for us right now since we're using Euro USD as the example let's go to EuroUSD and as you can tell there's
many different Eurusds. You have some on FXCM on GBEN Forex.com Kraken. Probably wondering
what's the difference between this EuroUSD and this one. And the only difference between this EuroUSD and this
one is that it's on a different server. So this is the FXEM server. So this is a broker and this broker gets certain data
feeds and it offers Euro USD at a different price. It's the exact same market. It's just offered maybe a couple
of points higher, couple of points lower. It's really the only difference. But for example purposes, we're going to
go to this one, right? It's all going to be the same thing. So right now, this is what EuroUSD looks like on the actual
bar chart. So, if you notice, whether it's on a bar chart, whether it's on a line chart, whether it's on a
candlestick chart, you're always going to have the price be at the exact same point, 1.17301.
Now, that is on the ICE server. If we were to go to a different server, which let me just type it in right here. So,
we have 1.1301. Let's say we go to capital.com, we have it at 1.1303.
The exact same chart. It's just points are minorly up or down. And the chart might look slightly different. Something
that you probably like barely even notice. Just going to have little more structure points here, less structure
points here. The one that I personally use is always going to be the server. So for me, the server is the most accurate.
It's based off of one of the main US regulated brokers in the US and it's the one that I personally use for simple I
guess you can almost call it like a superstition reason, but I've never really used any other one. I'm sure I
can use any other one. They are all pretty much the same. The points are off not much. So, back to the line charts,
back to how these different type of markets work. We'll get into all of this different broker stuff, different
markets, liquidities, and and how this stuff works once we get to that point. Right now I just want to explain to you
the basic points charts, right? So this is a line chart. So this line chart right here is exactly what the fight
looks like in between euro and the US dollar on the line chart. This is what the fight looks like on the euro versus
the US dollar on the bar chart. This is what the fight looks like on the euro versus the US dollar on the line chart
with markers. If you were to look at the area, if you were to look at the columns, if you were to look at the high
low, you were to look at the volume footprint. I guess I don't have this option, but if you were to look at any
other one, that is exactly how it looks. This right here is literally the exact same market movement. It's just the
fight is being represented in different ways. the most accurate way and the cleanest way to look at the market and
actually be able to develop a actual strategy and be able to predict patterns based off of how I've been doing it for
the last 7 years and I've been teaching people to do it is based off of the candlestick. So we come over here to the
trading view and the candlestick is going to be the next one, the candlestick chart. Now, I have a
specific indicator which is called a no gap candlesticks which is very easy to apply and I'll show you guys how to
apply it right now just so you can do it once we get to that point. But it'll be very easy. All you have to do is just go
to indicators, type in no gap candlesticks, and I'm kind of getting a little bit ahead of myself here, but
we'll we'll just do it for now. You click on the no gap candlesticks, and then once you click on it, it basically
pops up. And that's how you would implement the no gap candlesticks. Aside from that, I'll teach you how to
actually adjust it because right now you're probably having an overlap with your actual candlesticks. And you know,
I'll teach you how to do that just a second later into the video cuz I want to get into the indicators and I also
want to explain to you how this EMA works, why I use this EMA, which one is my EMA, so on and so forth. So the
candlestick charts are basically consisted of multiple different time frames based off of these candlesticks.
As you can tell over here next to the type of candlesticks that I have, these candlesticks are being represented in
different time frames. For example, right now we are on the 4hour time frame, meaning this candle right here
closes every 4 hours. So this candlestick right here, the way it's being closed right now, has about 38
minutes left. Meaning it has been open for 3 hours and 20 minutes nearly. This candlestick closed 4 hours ago, 4 hours
ago, and 4 hours ago. This is what this market looks like based off of this 4hour time frame. If we were to go to
the two-hour time frame for example, this happens to be a candlestick once again that is closes every 2 hours. So
every single one of these candlesticks is 2 hours. This candlestick right here is the 1 hour closes as well in 38
minutes. All because the market closes in the next 40 minutes. So a lot of these candlesticks are going to be
closing at the same time. Next on the 30 minute, this candlestick has 12 minutes left before this one closes. Every
single one of these candlesticks is a 30 minute candle. Then we have the 15-minut time frame, which this candle closes in
the next 12 minutes as well. All we have just done here from the 4 hour or if we go up to the daily or we go up to the
weekly is we are just looking at the fight from different points in the arena. So let's say you're actually in
the fight, right? So, we understand that there's different ways for you to watch the fight. You have watching the fight
in person, which would be the candlestick chart. You have the line chart, which is like watching it on TV.
And then you have the bar chart, which is like listening to it on the radio or having some headphones on. Right? These
are all the different formats for you to actually watch the fight. Now, we've decided that we're going to watch the
fight in person because it's obviously the best one. You're there in real time. You get real updates and you're there
live. There's nothing like being at a live fight. Now, where are you sitting in that live fight? Are you right there
front row? Are you in the middle? Are you a bit higher on the stands? Or are you in the nosebleleeds? Which one are
you? That's exactly what these time frames are right here. The higher the time frame, the higher you're going to
be in the arena. The lower the time frame, the closer you are going to be to the ring. And you can get all the way as
low to 1 second. Meaning you can go to the one second time frame and you can literally see every single candlestick
that closes every second. I don't have that feature unlocked here on Trading View simply because I don't use that
feature. The lowest time frame I go is the 15. But with the feature that I have, you can go all the way up to the
one minute, meaning every single minute a candlestick closes and you're going to be seeing every single one of those
details. Believe me, you're never going to want to be this low into the time frames. It's just way too detailed. You
can never actually see anything. And this right here is just a quick representation to give you a visual of
what I'm talking about. So, we've decided that we're going to go watch the fight in person. Now, there's many
different places we could be sitting. We could be at the skyscrapers, which is going to be like the weekly time frame.
We could be here in this middle area, which this is going to be the daily time frame. Then, we can have this outer
area, which this could be the 4 hour. This area could be the 2hour. This area could be the 1 hour. And then this area
up over here can be the 30 minutes. And this can be the 15 minutes. Speaking from personal experience, the best area
to actually be sitting on these fights is going to be the weekly time frame. Now, you may be asking, Alex, why that's
super far? Well, because from up here, you can actually see the fight. You're actually looking from the top down. The
closer you actually get to the arena, you're looking at it more of a horizontal way. And I don't know about
you guys, but I wasn't blessed to be the tallest guy in the room, right? I'm not super short. I'm 5'9, 510. At these
fights, everybody happens to be giants and everybody likes to stand in this area here. So, if everybody's standing
and they're taller than me, I can't see the fight. And the fight is on a platform. And since the fight's on a
platform, guess what? Not only can I not see because there's somebody big on top of like right in front of me, but then
the fight is also elevated. So, you're almost looking up. And if the people were to fall, for example, on this side,
I can't see them at all. Like, you're just not seeing them. you have to be looking up directly to the screen to see
what's happening. So, the point that I want to get to this is don't think the more detailed you can see stuff and
because something closes every single minute or every single second that it's better because you get to see more
details. That's actually completely false. You want to make sure that you can be watching in from above and you
can see everything from a higher standpoint and you can almost see stuff coming because you're watching
everything as it unfolds. So, this is how going through the candlestick formats is right. So, we're looking at
the exact same price, right? So, if you notice right here, this is EuroUSD. On the daily time frame, it's 1.1314.
If we go down to the 4 hour, it's the same 1.1314. Obviously, the market's moving right
now, so it's going to fluctuate one of these two points. But if I go down to the 2 hour, 1 hour, and the 30 minute
quickly, you can see that it's all the exact same price feed. You're just looking at it in a much more detailed
format. It's just being represented in a more detailed. So this 4hour candlestick right here that we are looking at, it's
being broken down into two candlesticks when we go to the 2-hour time frame. So now it's going to be these two
candlesticks right here. Now these two candlesticks are going to be broken down into another candlesticks once we go
down to the 1 hour. Now these candlesticks right here, this 1 hour candlestick is going to be broken down
to then another 30 minute candlestick once we go down to the 30 minute. So on and so forth. So, what I'm trying to get
you to understand here is that when you're looking at the candlesticks, because you go from this time frame to
this time frame, doesn't mean you're looking at a completely different market. You're looking at a completely
different format. No, you're looking at the exact same fight. You're looking at the exact same market, just in a much
more detailed way. And sometimes having those details is good. Sometimes having those details is bad. All that unfolds
and it kind of comes together when you're actually executing a strategy and doing proper top- down analysis and
executing on the market. And I'm going to teach you guys how to do all that later into this video. Right now, I've
just taught you what type of markets, how to break it down, and then the importance of understanding why these
time frames are a thing. Right? So, that's only the beginning of these time frames. Now, a lot of you guys may be
asking, Alex, okay, cool. I get it. But how does the candlestick actually work? Like, what is this line up here? What is
this line down here? Very simple. Picture, we can go down to the one minute time frame to see this as real as
it gets. Picture this market right here as this candlestick right now is about to close in the next two seconds. It's
going to close right there. And now another one is going to open from where this one closed. As soon as this next
candlestick opens from this one that closed, it's either going to go up or down, right? It's really not going to do
anything else. Now, this market, as soon as it opened, it went up. Now, if this market in the next 42 seconds, it
decides to not move at all, it will close like that. and then another candlestick will open right next to it
and it will either continue to go up or go down. But let's say right now that this market decides to have a push to
the downside. There's going to be what is called a wick, which is that exactly right there once it actually had a
little bit of a retracement, which will look like this. It's going to be a wick. That wick is basically representing
where price has been. So, for example, right there, you can tell price has been to that high point. So, if I were just
to get a line right here, that is the highest point the body of that move has been. And if this market decides to now
have a reversal down and close to the downside, it will close with that wick. So, in the next 2 seconds, we're about
to find out if it's going to close with that wick or not. And I believe it has closed with the wick. Right now, since
we're headed towards the closure of market, market tends to move, you know, pretty slow. There's just simply not a
lot of volatility. But this next candlestick should be opening right now. And as soon as it opens, it's either
going to continue going up or come down. And this candlestick will officially have been closed with that wick. And you
can see that this next candlestick just opened super quick. Had a push to the downside. And now at one point it was
down here. I just literally didn't manage to grab it because I was going back and forth on the time frames, but
came down here. Then it went back up. Now this next candlestick, this one has closed here. This one opened, wicked up.
Now it's wicking back down, wicking back up. So what this line is, what this tail is, what this hair wick, whatever, what
the proper name is a wick. This right here is a wick, but many people have a lot of creative names for it. All this
right here is just the history of where price has been. So right now this candlestick is currently creating that
wick right now. It's currently creating that high created up to that point. And if it closes right here, that is where
the trail of the candlestick has been. This is the market showing us how the market is moving. Is it moving very
aggressively to the upside? Is it rejecting this area? Because this wick right here is shown as a sign of a
rejection. Clearly price was bullish or this candlestick was completely filled all the way up to this point. But
something happened in the market that it pushed it down. In turn, that should then mean that it should continue to be
pushed down. For example, that closed with a small wick at this area. So that means that the sellers aren't as strong,
but now we have very strong sellers coming into this area. Now, for example, so let's say this market closes with the
wick all the way down here and out. And you can see how this market can wow this is you know moving very aggressively but
this is showing you guys how the markets can move how fast it can move even though we are in the last couple of
hours of the markets. This right here if it somehow reverses and it has a push to the upside then this would have a very
big wick right it could look something like this. But see this right here is continuously pushing down this market.
And if wherever it closes this wick is doing the trail of where that market has been. Now that wick is equally as
respected when it comes to the 1 minute time frame, 15-minut time frame, 1 hour time frame, daily, 4 hour. These are all
different types of wicks that are being created. So, as you can tell on the 1 minute time frame, that might have
looked like a massive bearish candlestick, but you look at it right here in the 4 hour and this 4 hour looks
pretty much exactly the same from when we started talking about this subject a couple of minutes ago. So that's why the
lower time frames it might seem like a very big wow move but in reality it doesn't affect any of the higher time
frames. Are the lower time frame used in order to determine a trade and do they go in sync with the higher time frames?
Absolutely. But there's a way there's a time and a place to actually execute that correctly. But if you can tell that
one minute big bearish candlestick looks like it might have had this fall off a cliff. But then when you go look at it
back to the 4 hour time frame, this literally looks exactly the same from when we actually started trading. But I
just want you guys to understand what these wicks are. That means that the market at one point it was a completely
bullish candlestick into this area and then something drove price all the way down and then it ended up closing here.
Once it closed here, this candlestick opened, had its move up and down, created that history. This is where this
market closed. Then this one opened up, had its history, it closed, and then this is where this one opened up, had
this push up, and as of right now, it's right here. And then next 24 minutes, this candlestick will close. And then
another one will open and either have its push up or down or however it ends up closing. But once one candlestick
closes, another one opens right next to it. And this will be the neverending battle of the market. And our job as
traders is to determine what that next move is going to be and let's us capitalize off of that move because
these market opportunities and these this battle is a never-ending battle. All right. So now moving on to the next
subject. Now that you understand that the candlestick chart is like watching a fight. That is the way that it's being
represented. And the closer you are to the arena which is the lower the time frame you are means the more precise
you're watching the fight. The higher the time frame you are, the higher you are actually watching the time frame,
but you're watching the exact same trade. You're watching the exact same market. You're watching the exact same
fight. It's just being represented in a much more detailed format. Your USD, you could be watching on a daily, 1 hour, 30
minute. You're just looking at in a much more detailed format. And now you know what those wicks are and how the
candlestick leaves those trails, so on and so forth, right? But I want to explain to you now the actual trading
sessions when it comes to the strength of the time to actually be watching that fight. When is the right time to
actually be there and be involved? Because if not cuz you know to be honest you can't really be involved 24/7 even
if you wanted to because you're going to be there at times where there will simply be absolutely no volume where
you're just going to waste your time and the people are going to be tired. Right? So, the best way I could put the
analogy, and I love my analogy sometimes, but I feel like they're just too precise that I I I forget to go back
to trading. If people are fighting, there's going to get a point where they're going to get tired, right? And
if they're tired and, you know, they're drinking water, they're stretching, they're eating food, you know, that's
pretty boring, right? You want to see blood, you want to see somebody get knocked out, you want to see somebody
lose a tooth. That only happens at specific times. That's after they rested. That's after they're well eaten
and they're actually ready to fight. And that only happens at specific times, right? That's that that's exactly what
I'm talking about in the market. Yes, you want the market to have these big massive moves to the upside, these big
swings, and you want to catch these big trades, but that doesn't happen all the time. Like the market gets tired. The
market has movements at only specific times. So, these are the highest volume sessions and then these are the slowest
volume sessions. So, we're going to start off with the Sydney session. So, we have Sydney session and Tokyo
session. So this tends to happen around 5 to 6 7 8 9 10 11 12 EST. So this is basically the afternoon. This is when
people finish their 9 to5. This is all of the afternoon. And as you can tell, the lighter the color, the less the
volume session. The darker the color, the more session there is. This right here is exactly when the fighters are
taking a break. They're stretching. They're eating. They're cleaning up their sweat. They're closing up their
wounds. They're taking a break. So, if you are in front of the arena at this time, you are simply watching nothing.
Yeah, they're going to be there, you know, cleaning up one another. They might be talking smack back and forth,
but they're not fighting. You're not going to see blood, right? Cuz there's no volume. You can be in front of the
markets at this time. Yes, it's going to be moving. It's going to be creating little moves up and down like this,
exactly how I just showed you, but you're not going to have those big swings. Why? Because there is no volume.
There's no volume in Sydney session or Tokyo session. There is absolutely no volatility there. Is there a oneoff
moment where there could be a a quick pump that happens there? Yes, that can be one in every 20 trading days. But are
you going to be in front of the arena knowing that one out of 20 trading days one guy might just get up and sucker
punch the other guy? Probably not, right? You don't want to bet your money on that. The odds of that happening are
unlikely. Just whenever it happens, you'll watch the video and it pops up and then usually they'll go back to
fighting in just a couple of hours. Is there going to be a time where you're not looking at the markets in the
session and it has a moves? Yeah, sure. But that's not that wasn't your time to be watching the market anyways. So,
Sydney and Tokyo session are going to be the sessions that you are not going to be trading. You're not going to be
interested at executing any trades. I use these time frames right here to go do stuff with my life. I go and work
out. I go and try and have a life that's not just staring at the charts. Beginning of pre-London session and then
we have all of London session. This is when the battle begins. This is where things start getting very, very, very,
very rough. Now, I would argue that this chart is a bit inaccurate. I'd say this could be a little bit darker, maybe a
little bit more this way. But this right here begins from 1 in the morning. So, at 1:00 in the morning, I start doing my
pre-London analysis session because London session opens right at 3:00 in the morning. And pre-London, which is
1:00 a.m. to 2:00 a.m., there already starts to be some volatility and the market starts to move very well. Then
you obviously have all of London session, which lasts from 3:00 in the morning all the way up to around 12:00
p.m. EST. Now, there's something beautiful that happens inside of the currency market at this point right
here, and that is that the New York session happens to open up in the same time that the London session is ongoing.
So, London session opens up at 8:00 in the morning, and it overlaps the London session, creating this extremely
volatile point in the market. So I like to enter my trades either pre-London session or during London session. So
then the trade has good volatility. It starts going in my direction and then once New York session kicks in, it just
adds more fuel to the fire which ignites it even more and gives it more of a movement. And then typically right
around the ending of London session, halfway through New York session, the market starts to slow down again and
then things start to just not get any volatility. The market takes a break for a couple of hours and then the pattern
repeats itself. This will repeat itself from Monday to Friday every single day. Now the key point here that you need to
understand is that there is realistically only a window that you need to be involved into the market. You
can only get involved in the market from 1 in the morning all the way up to around 10:30 in the morning. And some of
you guys may be asking, "But wait, Alex, there's still some volatility over here where the New York session and the
London session overlap." It's like, yes, correct. Yes, there's still going to be some fights going down here. It's still
going to be aggressive, but it's it's headed towards the end of that. And you don't want to enter a trade while it's
being extremely volatile and then what ends up happening is that it slows down for the next 10 hours because at let's
say you enter a trade at around noon, right? You're not going to be having any volatility for the next nearly 10 hours.
1 2 3 4 we have 10 11 12 11 hours. You're going to have absolutely no volatility in your trade. Does it make
sense to enter a trade that is not going to have any movement for the next 11 hours? Not really. And you're going to
pay an unnecessary fee once the market closes and then opens up again because every single day at 5:00 p.m. EST the
market closes, it opens up literally for like 1 minute. And then what ends up happening is you have to pay a swap, you
have to pay commission fees for holding trades overnight. And it just come not only does it cost more money to do that,
but then you just have trades that are going to be in the same point for the next 11 hours. And there's nothing more
that I hate than looking at my money do nothing, right? I either want my trade to hit my stop loss or hit my takeprofit
right away. I don't want to be in the same exact point of the market just being still for the next 11 hours. So,
you want to enter the trade either right before the session starts to kick in, either right in the middle of London
session, right before the real batter starts to kick in inside of that battle or right before it starts to drop off.
You can enter a trade anywhere 9 10 in the morning and then you can catch the ending of the overlap of London and New
York session. Anything after 10 in the morning I have not taken a trade after that time. I can't even remember. I
think it's been 4 years since I have taken a trade past 10:30 in the morning. Now once again is there going to be an
example? is going to be a 1 out of 20, one out of 30 probability that the trade that you would have taken at, let's say,
12:00, it actually ends up hitting your takerit by 8:00 p.m. Sure, of course, there's always going to be these one-off
opportunities. But that is not how you build a sustainable, profitable strategy. That is a strategy that you
follow time and time and time and time and time again. This is something that is proven system that it simply just
works. You get involved before the session kicks in either right in the the middle of it in the middle of the peak
over the overlap or right before the ending session of that. This has led me to have my biggest trade. I think I my
biggest trade is like half a million dollars. This is what led me to be able to have that trade. This also led me to
be able to avoid many losses. Because if you are only focused in trading about, let's say, six to seven hours out of the
whole entire trading day, you're really only focused on a very specific time right here. And I know this tends to be
an issue because a lot of people tend to be at jobs anywhere from or either at jobs or sleeping from 1:00 in the
morning to about 10:00 in the morning. Like this is a crucial time right here. But I will tell you this, the sacrifice
is definitely worth it to be involved in between these time frames right here. From 1 in the morning to 10 in the
morning, EST is the most accurate times for you to be trading. Anything outside of this time frames right here, I could
guarantee you, you will not have anywhere near as much volatility. It just simply does not happen. The two big
banks are going to be closed and you're just not going to have enough volume. And this is goes especially to the
markets that have the US in it. any markets that have the dollar for example let's trade let's say you're trading
euro USD if the euro if the dollar is asleep and the banks are closed how do you expect for that to have any movement
in this session over here so this goes specifically to those markets like GBPUSD eurousd anything that bols that
involves the USD if the USD market is asleep or it is not open it's not going to have any volatility can you still
trade USD markets in the London session cuz technically the London session hasn't opened. Yes, actually it's even
better cuz let's say you trade EuroUSD or GBPUSD. You're trading the pound right when the market opens over there
and then when New York session opens, you get double the volatility with the same exact currency pair. That right
there is the golden ticket to having the perfect moves. Now, you obviously need to align that up with a strategy. You
need to know what you're looking at in the charts. Just because it's 1 in the morning, you can't just click buy or
click sell and expect to make money. Can you get lucky? Sure. But that's not once again how you have a sustainable income
while you're trading. So to sum things up, yes, the markets are open 245 and technically you could go and execute a
trade at any one at those hours. You can literally go and hit the buy or sell button at any time you want. But there
is going to be a high chance that if you are not in the correct session that you one are going to pay unnecessary fees,
and two, you're going to be stuck in a volume that is going to simply have no movement. I want to make sure that I can
enter a trade when there's going to be a lot of movement and the odds of my trade winning are going to be a lot higher.
So, this right here is the currency market trading session. And this works for every single currency per hour
there. Whether it is AUD, JPY, USD, JPY, Euro AUD, everything is always going to fall inside of this trading session
right here. That is going to be the session that is going to create the best movements at any given point. And the
key of it is so you know how to put that together with a profitable strategy. And I'm going to be teaching you that in the
next couple of hours. All right. So now moving on to the next subject. Now that you understand that you actually need to
be trading in a proper session and where you need to be in that fight, you got to make sure you're there at the right
times. But now you're probably asking, "All right, Alex, I get it. But what do I need in order for me to actually go
and execute a trade in these markets? What do I have to actually do so I place a bet on the fight? I think I got the
potential fighter that I think is going to win for the next couple of rounds. What is the actual platforms that I can
go and execute that buy position or that sell position? Well, it's actually very simple. You realistically just need
these three platforms right here. So, the first platform that you're going to need is going to be Trading View. So,
Trading View is what we've been on pretty much this whole entire time. Trading View is where the actual charts
are going to be represented. Trading View is where you're going to analyze the charts and determine if you want to
either buy or sell the market. Trading View is where you're going to do your top down analysis, where you're going to
mark up your charts. This is where you see all these traders with these fancy lines with you see them with these
boxes. You see them with these wins and all of these losses. This is where you're going to see traders with
drawings and where they analyze their trades and have notes based off of what type of trade they're executing and
where it meets their strategy. So once you've analyzed here on your actual charts that you want to determine that
you want to buy or sell a market, you then need to go to a broker. So, let's say right here you've been watching the
fight for the last 5 minutes, 10 minutes, and you're like, you know what? I see Mike Tyson that he's strong. I see
Floyd May that he's weak or vice versa. And for you to go ahead and place that bet, you have to literally get up from
the fight and you have to go to the betting station at these fights, you go ahead and place your bet, and then you
go back down and then you watch the fight. This is pretty much the exact same thing. So, on Trading View, you're
analyzing your charts. you determine that you want to bet that the euro is going to get stronger than the dollar or
that the dollar is going to get stronger than the euro. So, you get out of trading view and then you are going to
go to a broker. So, a broker is where you're going to go ahead and give them the money and then you're going to
execute your trade uh based off of what you want to do. So, I recommend many different brokers. One of the brokers
that I recommend is going to be LQ Markets. This broker accepts traders. They have a 1 to500 leverage. You can
start off with small $10 deposit. They have many different types of accounts that you can go ahead and use with them.
And another just in case if you don't like LQ Markets for whatever reason. I also recommend OneX Trade. This is
another platform or another broker that I would recommend. Also, pretty cool features of them is that they have these
lotsiz calculators. You can pre-calculate your risk on your positions here. And I'll explain all of
that in just a second. But basically, once you were to deposit your funds into the broker, now can you actually go and
execute the trade on the broker? The answer is no. You cannot. for you to go ahead and execute the position. The
broker is going to then take that position into a marketplace. So this right here, what the broker does is like
the middleman from the real marketplace. So there's a real marketplace slash liquidity and us as retail traders as we
are, even including myself, whether it's my experience or how good of a trader I am, I am still a very small fish inside
of this industry. So, what the broker is going to do is the broker is going to take your funds and whenever you place a
position, then they're going to go ahead and then feed it to the real market because then the real market is going to
then feed it back into the broker. So, what the broker is, it's like the middleman of the real markets. So,
whatever you're seeing here in the markets, which is, let's say, 1.17312, they get that offered at a different
price. Let's say they get it offered at 1.730. So, what the broker is going to do is
they're going to charge you a spread. They're going to charge you a fee for them entering that position into the
real market for you. And that's the broker game. Some brokers charge you higher fees than others. That's why I
have two of them cuz sometimes these fees range. Some of them charge fees for holding positions every single day
because they are the ones that are going to go ahead and actually execute your trade into the real market. And then
based off of your results, whenever you decide to close your position, whether you win or lose, the market feeds it
back to the broker. and then the broker feeds it right back to you. The broker is the middleman for you to get access
to the real markets. You cannot get access to the real markets without a broker unless you're a bank. And I right
now have no possibility to be a bank. You need tens of millions of dollars for that. You need proper licensing. And
truthfully, I rather pay the broker the couple bucks that it takes for them to connect my trade into the market. It
makes things far easier. Now, you can't go ahead and execute the trade on the broker itself. The broker is like the
bank. So, picture this right here as if it were to be Chase Bank or as if it were to be Wells Fargo. Now, when you go
send money from Chase Bank or whenever you go pay somebody from Chase Bank to Wells Fargo, you're not going to be
paying them via Chase Bank. You're going to be paying them either PayPal or Zel or Stripe. It's going to be a payment
processor that's going to process your payment to somebody else. Can you do a wire transfer? Can you do all of these
other stuff? Yes. But we're going to use the example of using these third-party merchants that actually send money back
and forth. So when you go to the broker, the broker accepts your funds and then when you're going to go ahead and
execute a trade, which is going to be like sending money, you're then going to use a platform called MetaTrader 5. So
MetaTrader 5 is going to be the platform that you are going to actually execute your position on. So you first go to
Trading View, you determine if you want to enter a trade or not. You deposit funds into the broker. The broker is
like a bank. You can just have funds in there just chilling. And then whenever you're ready to go ahead and execute the
trade, you go to MetaTrader. So once you deposit money into the broker, you pretty much skip the broker every single
time because you just go from the charts straight to the platform to go ahead and execute the trade. Once you are in
Trading View to execute the trade, simply click buy or sell. That's pretty much it. So here, based off of your
analysis that you did on Trading View, you're going to go ahead and then execute the trade at this point. So,
simplest analogy that I can put is you're watching the fight. After the fight, you go to the little betting
station at the arena. And then from that betting station, they're going to give you a little piece of paper. The little
piece of paper is your slip that you've just betted on. And this is basically what your slip is going to be. So, this
is where you're going to be able to see if your trade is in profit, if your trade is in loss, and whatever directly
is reflected off of MetaTrader 5, then it's going to go right back into the broker. So, no money is ever inside of
MetaTrader 5. MetaTrader 5 is just a platform that represents the positions that you've actually executed on the
broker. Some brokers offer MetaTrader 5, some brokers don't. Doesn't really matter if they do or if they don't. This
is just simply one of the actual ways for you to execute the trades into the market. There is hundreds of difference
of platforms for you to execute trades in the markets. There's hundreds of difference of brokers out there. And all
this platform really does is just the most commonly known one and the one that I personally use. This is just the main
known one for you to be able to go ahead and execute those positions on there. So this MetaTrader 5 is never like this is
not a broker. This is just one of those payment processors. If you go ahead and try and pay somebody with PayPal, you
can go ahead and then use Stripe. If you Stripe doesn't work, you'll use Zel. If Zel doesn't use your try something else,
right? It's just it's a different platform to just execute the trades on. But the money will always be inside of
the broker. It's just reflected on this platform right here. Basically, win or lose money then you know goes back into
the broker and then there you can decide to withdraw. Take it to your bank, take it to an exchange, take it to wherever
and then you simply just withdraw your funds. So these are the only tools you are going to need for you to actually be
able to be ready to take a trade. You analyze the markets on Trading View. Then you go ahead and have your broker
of choice. I recommend both of these brokers. Is there hundreds of other different brokers out there? Yes. I
personally like these two brokers simply because they offer higher leverages and for the type of account flips that I
personally do. You know, I've taken very small amounts of money to very large amounts of money. It's very hard to do
that on heavily regulated brokers simply because if something is heavily regulated, they will not allow that high
leverage and I would much rather have my funds on a broker that lets me have more access to my funds and I'm able to
actually leverage it more. So that's what these two brokers offers. trusted brokers in my opinion. I've been using
them for a very long time and they're not the best ones. I'm sure there's others out there that offer different
fee structures, um, different commission structures and I leave you go to go ahead and do your own due diligence on
it. But these are the both brokers that I recommend and I have been using for some very long time. And then same thing
with MetaTrader 5. Is MetaTrader 5 the end all beall platform where you can go ahead and execute your trades? No.
There's hundreds of different trading platforms out there that you can go ahead and execute your positions on.
Metatrader 5 is just the most commonly known one that everybody's probably seen it. This is like a PayPal. You're going
to send money from one friend to another. You're going to do it through PayPal. And if not, it's a different
one. At the end of the day, what matters is that the money is sent through. At the end of the day, what matters is that
the trade is actually executed. That's pretty much it. Now, if you want to withdraw your funds in crypto and then
you want to take it from crypto to your bank account, there's many different exchanges. You know, you have the
biggest ones which are Coinbase, you have Binance, you have Kraken. There's many different exchanges that you can go
ahead and send those funds to and then from there you take it to your bank. Now, how can you deposit into the
brokers? You, you know, these brokers take credit, debit card or they can send them a BTC, crypto, however you want.
So, it's however you want to deposit the funds into the broker. But these are the only trading platforms you are going to
need for you to be able to execute a trade successfully. There is hundreds of different other platforms out there,
right? There's hundreds of different other, you know, web links, hooks that you can add, but I guarantee you, you do
not need anything else aside from this right here. This is my window of trading. And these are the only tabs
that I will ever have open. My trading view, the brokers that I use, my checklist for my strategy, my community,
and last but not least, Forex Fac. Forex Factory, as you can tell, is the last one on my list. Not because it is the
least important, but because it is the one that I potentially use the least. And that is because this right here is a
fundamentals tab. So Forex Factory is mainly driven by fundamentals. So as you can tell here, if we were to click on
the calendar section of Forex Factory, we're going to have all of these potential impact news that are going to
pop up. And as you can tell, what we have is if I were to just go back one time, this lets us know the exact date
and time when news are going to come out for a specific currency. And the color of this folder is the importance of it.
So something that is a red folder is far more important than something that's an orange folder. And obviously we have
yellow folders and then gray folders, but I simply just don't use them because they obviously are very slightly like
they don't impact the market at all. So, I always like to focus on the red folders, but this is the only other
platform if it causes any possible curiosity for you to understand the fundamentals. And I'm going to break
down the difference between fundamental trading and actual technical trading later on into this video. But this is
the only other platform that is going to be needed. Here you can literally see what the forecast of the fundamentals
are going to be, what it was previously, and then what it actually was. And as you can tell, for the majority of the
part, it really is never that much off. And these doesn't really create any big impacts into the market. These are all
very minimal. Even the big red folders don't really have a big impact on the market. It happens occasionally, but
it's not a way for you to actually create a profitable strategy. So, these are the main trading tools, the main
trading platforms that you're going to need. The last but not least will be forexfactory.com. That is just for you
to understand the actual fundamentals of the trade. Aside from that, you do not need any other trading platforms. You do
not need any other tools. You don't need anything else. All you need is just your trading view. You need your broker and
then you need the platform for you to actually execute the trade. And that is it. So now taking this a step further,
I'm going to actually show you guys how to create an account on a broker and how easy it is to deposit into it. So right
now we're watching the fight. Euro USD is going up and I see that Euro is going to get stronger. Let me go ahead and buy
the euro. So we're going to put the example on 1xtrade.com. So go to 1 onxtrade.com. I created a random demo
account. Just used a random email and this is the portal inside. So, some people sometimes get tempted or some
people get skeptical by this, but it's very easy process. It's very seamless process, right? So, right here, as you
can tell, it's a brand new account. There's no real transactions. There really isn't anything. Dashboards are
super simple because everything is straight to the point. All this is right here is like a bank. The money is going
to reflect here how much you deposited, how much you've profit, and how much you've withdrawn. Very simple. and where
you see the actual trades, where you see the actual P&L, all of that is going to reflect on MetaTrader. So, we're going
to go one step at a time. So, right here we have 1xtrade.com. This is the dashboard. And let's say we want to go
ahead and deposit some funds. For us to deposit some funds, we need to go ahead and create an account. Once we create
one of these accounts, we can pick from either a standard, a commission free, or an expert account. For this example,
we'll just go with a standard. The difference usually tends to be minimal. And we're going to go with a 1 to 500
leverage, right? Very easy, very simple. This is the max leverage that they offer. I'm going to explain what
leverage is later on into this video. So, I want to go one thing at a time. So, right here, as you can tell, we have
created a account. So, now we have 1 to500 leverage. We have $0 balance and we have zero equity into our account.
So, for us to go ahead and actually deposit it, we click quick deposit up at this top section over here. Now, we have
the option to deposit in crypto or we can go ahead and deposit in credit card. So, this is a much faster process and it
can be done in the next couple of seconds. I'm just going to use crypto and we're going to go ahead and click on
this account. Make sure that we have crypto as our option. We don't have a promo code, but we are just going to
place a basic $100 deposit into this broker. Minimum is 10 bucks, but I'll do a 100 bucks. Promo codes. If this is if
you have any actual, you know, credits like, you know, use promo code Alex, for example, you get an extra 100 bucks. Not
saying that's a real thing, but sometimes they offer promos for that stuff. So, let's say we click deposit
into the trading account. I can deposit in Bitcoin, Litecoin, Ethereum, Tether, or USDC coin. We're going to use USDT
ERC20 for this example. And this is the actual wallet address. So, I'm going to head over to my phone and just send a
quick 100 bucks just to show you guys how simple this is. So, right now, I'm sending the funds from my cold wallet
into this platform. So, just waiting for this to load. Some people don't have a code wallet. You guys can use credit
debit. Usually takes a little bit longer because, you know, the processing has to go through. Crypto tends to be pretty
quick. So, I've already sent it over. Should pretty much reflect into my P&L here. Pretty simple. Once payment is
confirmed, they will be reflected on your account. Cool. So, we can just go back over to our dashboard here and
pretty much just give it a couple of seconds and it should pop up pretty quick. And as soon as it pops up, I'm
basically going to log in over here to my MT5 account on my phone. And then we're going to see how that is going to
be reflected then. So let's give it a couple seconds until the balance pops up. All right, so quick update about 7
minutes later 100 bucks got here. This is probably like the part where a lot of people get sketched out. Sometimes you
just have to let the crypto do its thing. It takes time. It's part of the process. Usually it takes, you know, 1
to two minutes. This time it took 7 minutes. I guess it's because it's a near market closure. I don't know what
the case is, but the funds are now here. Quick 100 bucks. So picture this as if this were to be like the bank, right? So
the funds are now in the bank. Now in the bank, you can't actually go and send any funds out. You have to connect it to
PayPal, which is going to be MetaTrader. And then you connect your funds to MetaTrader and you can go ahead and
execute your trades and send the trades out to the markets. You want to send these funds out to anybody. Now it goes
from this bank. You connect to PayPal and then you can send it to whoever. So we come here, we click on view. You can
tell we have the MetaTrader 5 account. We have a standard account. This is my account number. All I have to do now is
go to MetaTrader. And when I go to MetaTrader, I search up the server. So, it's 1x trade server. I click on the
server. I then put on the account number, put my password, and I'm pretty much logged in. As you can tell, this is
a brand new account. There's literally no history on it. There's no anything, right? We can go to transactions. We can
go to everything. You can tell the 100 bucks just got completed literally 7 minutes ago. And I'm going to log in now
to Trading View. I mean, I'm going to log in now to MetaTrader so you guys can go ahead and see how that looks in that
option right now. So, the money is in the bank. Let's now go to the actual platform where we're going to execute
the trade on. All right. So, now that we have officially logged into our MetaTrader on the phone, this is what
it's going to look like. So, I'm just going to screen record here on my phone. They probably put half the screen the
MetaTrader half the screen myself. So, basically over here once we are actually inside of MetaTrader. So, we're going to
have 1 2 3 4 and then five buttons all the way over here at the bottom. As you can tell, this is the server that we are
in, 1x trade. And you can tell this is the exact same account number as you can see over here on the actual backend or
the dashboard of your account. You can tell it's 820838. So once you go to the dashboard area of
this area and then you create a new account, it automatically creates a brand new MetaTrader account for you.
They send you the the login password directly to your email and all you have to do is log in. Once you log in, the
money gets deposited into here and then it's going to reflect onto here, which is going to be the balance area of the
MetaTrader 5. So, the middle section is where you can actually see your balance. You can see the equity, the free margin,
which is where the trades are going to be fluctuating up and down. The button next to that is going to be the history
button. Here, you're going to be able to see how much money you've deposited into the platform. You can see the pending
orders, deals, everything, right? So, this is basically the history of the account. Obviously, we've only deposited
100 bucks. It's all we're going to see in this account. Settings option. Everything here is pretty
self-explanatory. This is just kind of the settings of the Metatrader 5. You can never realistically use this unless
you're going to create a brand new account or log into a different one. The chart area, this is where you can
actually see the chart of the price that you are going to be trading or the the market you're going to be trading. For
example, let's say we were looking at EuroUSD. We go over here to the quote section, which is going to be the last
button all the way to the left. And let's say right now we're trying to trade EuroUSD for example and it's not
reflecting. All we have to do is just type it. Search up EuroUSD. Once we click on it, we can just click answer.
So after and it's going to add it all the way at the bottom over here. Now if you want to see the chart of EuroUSD, we
just click on it, click on the chart option, and then it'll take us to that second button once again. And then we're
going to then be able to see Trading View. So if you notice this trading view chart right here is the exact same
trading view chart that we are going to be looking at over here. As you can tell price feed is nearly the same right
here. The market closed at 1.17312. And right here on the actual 1x trade server the price feed is going to be
1.7370 and 1.7340. So on trading view we get the real raw
price. Now, here on 1x trade server, we get the markedup price. So, this is where the broker is just charging a bit
of a spread for executing us into the markets. It's part of the game. It's inevitable. You have to pay the fees.
Whenever you send money through PayPal, whenever you pay for anything, there's a very small fee involved. It's part of
the game. You want to get access to whatever it is that you're purchasing, you have to pay the fee. So, here's
where you're going to be able to see all of the markets that you are actually executing in the market. So, you can add
as many markets as you want. You can go ahead and delete as many markets as you want. Pretty easy, pretty userfriendly.
Everything is pretty self-explanatory. You should realistically only be spending maybe 5% of your time on
MetaTrader because all that you do on MetaTrader is simply just execute the trade. You're not ever actually
analyzing the markets in this chart section as you would be doing on Trading View, for example. Trading View is where
you actually break down the chart, make the trade make sense, and if you're interested in entering the trade. Now on
back to MetaTrader. This is where you actually go ahead and execute the trade. After you execute the trade, there's no
reason why you should just be looking at the money going up and down. What you should be doing as a trader is looking
at the charts, seeing if the trade makes sense, if the market is moving in your favor. And then obviously whatever the
charts are doing is going to reflect on your profit and loss right here on MetaTrader. So over here all the way at
the far left section once again where we have the quote section we have the option to go ahead and enter the trade
which would be the first option once you click on that market you have the option to go look at the charts you can look at
the trade details or you could look at the statistics I'm going to be completely honest I've never clicked on
this details option I don't know how to use any of these options right here these are just some details of the
currency pair I don't know what any of this is I've never used it but it has that feature and then you also have the
statistics which it shows all of this right here. Once again, I have absolutely no idea what any of this
means. I've never used it in my life. All I know is that I use the one option here, which is to go ahead and enter the
trade into this market. Now, this button to enter the trade into this market is going to have multiple different options
in here, right? So, you can go ahead either tap on that button and hold trade or you can go ahead and swipe it to the
right and then click plus. And that is also going to give you the option to go ahead and execute this trade. So all the
way at the top you can tell that we are trading EuroUSD. If you want to swap it for whichever currency, you can go ahead
and swap it for Euro CHF. You can swap it for Euro CAD, but we're going to be using EuroUSD. Back here at the Euro
USD, the button under the market that we're going to be trading, you have the option to do either a buy limit, a sell
limit, a buy stop, a sell stop, a buy stop limit, and a sell stop limit. All of these are different limit orders that
you're going to place on the markets. And I'm going to explain to you what those limit orders when we actually get
into the charts. But I personally, myself, I have never used neither one of these limits. I've never used a buy
limit, a sell limit, a buy stop, a sell stop, a buy stop limit, or a sell stop limit. These are all just orders that
you place in the market. So, let's say, for example, I want to set a buy limit on the market. I want to buy this market
once it gets to X price. I want my stop loss to be at X area, and I want my takerit to be at X area. That's
basically what it is. It's like you're going to set a price into the market and whenever the price gets there, it
automatically enters that trade for you. That is a style of trading. I am not against it. I just personally don't
believe in it simply because you're entering a trade without confirmation. You need to enter a trade once you
actually have a kind like a proper entry signal once it meets your actual trading plan. And I'm going to teach you how to
do that later that that into the video. These are multiple different ways on how to actually execute this trade. Now, the
simplest one is market execution, which is going to be the one that you're going to use 99.99%
of the time, which is you just simply place your stop loss. I mean, excuse me. You simply place your lot size and on
this lot size here, you can make it one lot, you can make it two lots. And a lot of people get confused on this whole lot
size position calculating. And it's actually very easy. So, this lot size here has to be directly predetermined
before you enter the trade. So, you know exactly how much you're risking. That goes based off of your stop loss and how
much you're going to have on your stop loss. So, let's say, for example, you're interested in entering this trade as a
sell, right? Just for an example. Or, you know what, we'll do a buy. it's a lot easier to understand a buy. So, we
have a buy example on this market. Our stop loss is going to be, let's say, 20 pips. I'll explain what pips are and how
all this works in just a second, but let's just say it's 20 pips. And our goal right here is to figure out what
our lot size is, right? So, we're going to for now for us to determine our lot size, we need to first determine how big
our stop loss is. So, we're going to go to 1x trade, LQ Markets, whichever one, they both have this lot size calculator.
You're going to put the balance amounts that you have on your account. Then, how much you want to risk of your account.
Let's say we want to risk 1%. Right? And then our stop loss is or say we want to risk 10% of our account. And our stop
loss is 20 pips and the currency pair that we're trading is EuroUSD. All we have to do is just click calculate lot
size. And this lets us know that we have to put a 0.05 lot which is risking a total of 10
bucks. So we know that if we were to go back over here to the actual MetaTrader where we're going to execute the trade,
we have to place a 0.05 lot size and then our stop-loss number needs to be exactly what it is right
here on the chart. So our stop loss number would be 1.17096. So it' be 1.17096.
And then our take profit would be where we set our takeprofit up here. It's going to be 1.17
going be 1.1715. So now at this point we are pretty much ready to buy this market. We could go
ahead and then click on that buy button and we know if we are completely wrong on this market. Okay, so we know that
this is our stop loss 1.17096 and this is our take-profit 1.17715. If the market goes straight into our
stop loss, we are not going to blow our account. We have a stop loss which is going to minimize our loss which is at
our predetermined risk what we have just calculated on this lot size calculator. So now at this point, the fear of people
thinking that I'm going to lose all of my money when I put money into a broker or whenever I go trade is gone because
you're only risking $10 from your actual trading balance. So this can go to your stop-loss right away. You've
predetermined you're only okay with losing on this position, 10 bucks. So obviously, if we would want to enter
this trade, we would go ahead and then click buy. But obviously, the market is closed. The market just closed nearly 30
minutes ago. But as soon as we would enter this trade, it would be reflected right here on this actual area. And
right here, you're going to be able to see your trade fluctuate up and down. And then you can go over here to this
area and you're going to be able to see your stop loss. You're going to be able to see your takerit. You're going to be
able to see the trade be reflected in real time. And you're going to notice as soon as you enter the trade, you're
going to be an immediate draw down, right? So you're probably going to be in a loss, maybe a couple bucks, right?
Five bucks, six bucks. And that's because the broker, as soon as it enters you into the market, they don't care if
you're going to be in a winning or lose or losing position. They're going to charge their fee. They don't care if
you're going to be on the right or wrong side. They have to get their profit first for them to go ahead and execute
your trade into the market. So, they get your trade, they're going to put into the market, they're going to take a
small fee from it, and then your trade happens, whatever happens with it. Win or lose, the broker is always going to
make their money. That's just the name and the game of the business and how it works. So once again, you have your
Trading View account, which is your where you're going to analyze a trade, determine if you're going to buy or sell
a market. Once you're ready to enter this trade, you need to go ahead and deposit some funds into the broker. Once
you have your funds inside of the broker, you need to then actually go to then MetaTrader, which is then going to
be this right here. On MetaTrader, you're then going to go ahead and then place that buy or sell button. That's
pretty much it. Now, whenever you win your trades, you come back over here to the dashboard area of 1x trade. And then
you're going to head and then click withdraw your funds. Now, you can withdraw your funds to whatever wallet
or however format you choose to withdraw your funds. And the funds go back from the broker into your bank account.
That's it. Very simple, very seamless process. These are the three platforms that you're going to need to actually to
go ahead and be able to execute a trade into the market and be able to successfully have a profitable strategy.
So now coming back to the charts, now that you understand exactly that you only need three platforms to actually
trade into the market. You need the trading view, you need the broker which is like the bank and then MetaTrader is
where you actually execute the trades. Let's take a step back to actual trading view, right? Trading View is going to be
once again like where the fight where everything goes down. So, I'm going to explain to you how trading works, all of
the different options within Trading View. So, right now we are on Trading View. As you can tell, we are on
tradingview.com. This is basically where you're going to analyze every single one of the markets that you are going to be
interested in trading. This is the most common known website for you to analyze your markets. I've been using this only
website and I've never heard of any other trader really using another different website, but this is where
you're going to be able to actually identify if you're interested in buying or selling a market. Right? So for
example, let's say we're going to go trade EuroUSD for example, right? And we're going to go to a different server
just for examples purposes. So for this different server, you can tell here that EuroUSD, this is what it looks like,
right? So this right here on the chart, as you can tell, is the candlestick option. So we're going to take it a step
back. And I know I was going to tell you guys how to use the no gap candlesticks. So right now, if I were to
hypothetically actually, you know, input my actual candlesticks. One second. It should pop up something like this. Let
me get them to pop up. We come to settings. We go to symbol body borders and wicks. Okay. So, as you can tell
right here on EuroUSD on the weekly time frame for example and then on the ICE server, this has many gaps. So, as you
can tell, this market has a gap here, has a gap here, has a gap here, gaps throughout all here, which make the
market look weird. We were to look at it on the daily time frame. You can see more of these big gaps right here, these
weird fills in the market. Just looks very weird, and it personally just throws off my trading as a whole. So,
what I like to do is I like to use this indicator named the no gap candlesticks indicator. So, all you have to do is go
to this indicator section over here. So, just pause the video right now or open up your Trading View real quick. Log in,
create an account. It's going to be very basic. Once you log in, create your account. You're going to get the
candlesticks that are going to be popped up. And down over here, you're also going to get the volume section, which
is going to be popped up probably something like this. Should be somewhere over here. You're probably going to get
some bars down over here, which are going to be like some big blue, no, some big green and red bars. And all you
really have to do, they're going to be a bunch of bars like this. All you have to do is just click on those bars. Right
click on it or double click on it. And then just once you click on it, there's going to be a popup and then it's going
to say volumes. Just unmark the volume. So you're going to double click on it. It's going to say volumes up over here.
Just click on it and then it's going to remove this section down over here. All that does really just clutter the chart.
Just creates extra noise. You're never going to use that option. It's very unnecessary, right? So once you have
that, you're then going to have your candlesticks. most likely with these gaps. So, the easiest way to get these
gaps removed, it's actually very easy. All you have to do is come over here, click on the indicator section and then
search up no gap candles and then you're going to get this first one. The second one works well. I personally use the
first one. Once you click on it, as you can notice immediately, right away, the markets look different. There's already
a difference inside of the market. But you can't just automatically click on it and expect for it to work, right? What
you have to do is once you click on it, so let me just remove this one because I don't want to have two of them. Once you
click on it, what you actually have to do is doubleclick the actual market. And then this right here is going to give
you the current candles. And all you have to do is click off the body, the borders, and then the wicks. And if you
notice there, you're going to be left with the actual no gap candlesticks candles on the ice server. So basically
somebody created an an indicator that fills in the gap for those candlesticks that have gaps, right? This is just a
very simple indicator and this is not really an indicator. This is more of just an actual tool that's going to help
you have the markets be as clean as mine. So once again, if I were to take a couple steps back, this is without the
no gap candlesticks indicator. As you can see, there's gaps right here. I then turn on the gap candlestick indicator
and then it has a fill but it still looks a little off. So all you have to do is just doubleclick those
candlesticks. Once you double click them, you uncheck the body. As you can tell, look at the difference it makes
here in between that body and that wick. So you check off the body, check off the borders, and then you check off the
wicks. And then you have a real market movement for how the market should look without the actual gaps. So this right
here is a little bit of a hack. This I learned pretty late into my journey. And uh once I learned it, it did clear a lot
of things up, right? I just wanted to get that to be the first thing that I teach you when it comes to Trading View
because I know it probably cause a lot of curiosity, right? We're going to get into the EMA, what setting my EMA is,
and how to use it in just a second. I just want to give you an overall training on how Trading View works. It
can be very overwhelming at times. Depends on how much you look at it, what should you look at, what should you not
look at. So, we're just going to break down the most important things and the things that matter and don't matter,
right? So, we're going to start off right over here at the top left, right? So, over here at the top left, as you
can tell, we have the market. So, this is Euro USD. This is the market that we are currently looking at right now. If
you want to change the market, all you have to do is click on that search bar right there and then you can type in
whatever other market. This is basically for you to search up any market that you can possibly imagine of. You can
literally just search it up here and it will pop up. Or you can just simply type it on the keyboard and then it will also
pop up. It's equivalent to the same exact thing. You click the plus sign, it's going to create pretty much the
same exact thing. Next to that, you're going to have the time frames, but you might only have one time frame pop up.
Might be the daily, the weekly, or the 4 hour. You click this little arrow down here, and once you click this popup,
you're going to get all of these different time frames that are going to pop up. You have the 3 month, 1 month, 1
week, day, 4 hour, 1 hour, 30 minute, all of these different time frames, right? All the way up to the 1 second,
which you're never going to be using. As I've mentioned before, I only use the weekly, the daily, the 4 hour, the 2
hour, the 1 hour, the 30, and the 15 minute. Now, if I were to uncheck these stars right here, what ends up
happening, as you can tell, is it removes them from this top section over here. This is basically just a little
bit of a hack that makes these time frames just pop up over here and stay there saved. So, whenever I want to go
from one time frame to another, it's a lot easier and I don't have to go into this section over here and add it or
manually look for the time frame. These are all the time frames that I use. I don't use any other time frames. And
whenever I'm going to be going in and out of a time frame, this is how I am going to be looking for that. The
section next to that is all the different types of candlesticks that you can potentially use. As we've already
broken down, all of these are just information overload. You don't need to know what any of these candlesticks are.
The only ones you need to focus on is the line chart and the candlestick chart. Now, don't worry. In just a
second, I'm going to be teaching you guys how to properly use the line chart, what it's used for, and all that stuff.
Don't worry, one thing at a time. Once we get to there, I'm going to break it down, and you're going to see how simple
it will be. But this section here is just for you to identify the actual type of bars that you want to pick. This is
the style. Indicators is pretty self-explanatory. You can pretty much search up any type of indicator that you
can possibly imagine. Here, there's going to be endless indicators that Trading View offers you. And I think the
only indicator I have ever searched up is the EMA. I've never really gone into this indicator section. I know this is a
never- ending journey or world in here. Inside of the indicators, there's a bunch of different types of indicator
traders and I don't know anything about it. All I know is that inside of this indicator section is where I find my EMA
and my no gap candlesticks. That's it. I've never used this area for anything else. This is for an indicator tempo.
Once again, this is another thing when it comes to the indicator. I have actually never even gone into here or
saved anything. not sure what it's used for. So, I can't really educate you on something that I've never used and I've
never found any use for it. Next to that, we have the alert section. So, this is if I want to place an alarm on
the market. So, right now we are on EuroUSD, for example, and I want to be notified once price crosses through a
certain point. So, right now we are at 1.17331. Price right now is at 1.17331.
So, let's say we want to get notified once price goes to 1.74 0 and it lets me know I get a
notification on my phone. I get a notification on my computer one time when it does that or every single time
it does that. So, it can happen more than one time per minute or it will only be letting me know one time and it won't
be repeated. And I can put an expiration date and I can make this pretty much indefinitely, right? I can click create.
Soon as you click create, you can tell how the alarm or the alert pops up right here on Trading View. So let's say for
whatever reason I want to enter this trade when the market gets here, but I have to run to the gym. I have some
groceries to do. I have to step out of the house. I have to step out of the office. I don't have to be glued and
stuck in front of the computer. This alarm here will let me know once and if price ever does that. If I want to move
it up, all I have to really do is just drag it up and then the alarm gets dragged up. If I want to move it down,
just grab it and drag it up and down. I can pretty much also squeeze price in here. And another way to how you can add
an alarm is over here to the right hand section. You can just click this plus sign and then you can click add alert.
So that's when price gets to this area right here. If I were to click on this as well, I can add an alert when price
gets to the EMA. For example, if I want to delete it, I just rightclick on the alarm. If I once again click this right
here, I will be notified once it hits this area. It's pretty much neverending different types of ways on how you can
set up the alert. The only way I ever use it is I click this button right here. I add the alert at that point. And
once the market gets to the point that I needed to get to, I do whatever I've been interested in entering in the
market. If I want to delete it, hover over it, click right here, and click delete. It's very clean, very seamless,
and very simple. I get very creative with my alarms. What I tend to do is I trap price. So, I'll put an alarm up
here. I'll put an alarm very tight into this area right here and I'll know when price breaks below or breaks above. And
sometimes I get even more creative and I right click on the alarm or double click on it and I'll place a message or I'll
be like your USD is crossing this area, enter now, bro. Or you got stopped out. So whenever the alarm hits, all you
really have to do is look at your phone and you're going to know what the alarm is going to be about, right? So, this is
a little bit of a message that you can leave yourself whenever you place the alarms at whatever the area is going to
be. That's pretty much all it comes when it comes to the alarm sections. These are all of the notifications and how you
can set it up. You can get an email, web link, sound, just however you want to set up your alarms. The way this is the
way I have it set up and it's been working perfectly for me up to this point right now. But you can get as
creative as you want. This little arrow is basically the back. So, let's say, for example, I had some drawings set up
into the markets and after these drawings, I ended up just accidentally deleting them. All I have to do is just
click back and it comes right back. If I want to go to where I was, I just click forward. Pretty self-explanatory. This
little bar right here, don't worry, we're going to get into that just a second. Just kind of going along the
order of how everything is placed. This right here is basically the area that reflects the actual price of the market
and where the market is. And these are the numbers that are reflecting it. You may see me sometimes grab this and it
basically all it does is that it moves price up, moves price downs. All you have to do is just left click on it and
then squeeze it, hold it up and down and then you're going to be able to either look at the market in a much wider
format or in a much tighter format. Really depends on how close or how zoomed in you're trying to get to the
market. Continuing up over here to this top section, we have the square button which is a layout setup. So this is
different types of ways how you can look at the market. Or if you want to split it in between two markets like this, you
want to split it into neverending different styles, you can pretty much go free with that. I personally always just
have it in the standard one market layout. This unnamed I don't even know what this is to be honest. Maybe this is
just a settings area that you can do something about saving your charts. I always have it set up like this. I've
actually never even changed this right here. I have no idea what this is. But the button next to that is the quick
search. I have no idea what this is either. I have never used it. This right here is just the settings on Trading
View as a whole. So the settings is once again about the candlesticks. Obviously, I don't have my candlesticks checked
because I have the no gap candlestick setting option on the trading view. This is what I have for the status scales.
Oh, this is the volume button right here. So, as you can tell, okay, never mind. I thought that was going to pop up
the volume down over here, but yeah, I guess that's not it. Is it somewhere here? It's not. But this is how I have
my settings. I I don't really mess with this right here. I've never really have I don't really understand how to modify
or do anything when it comes to any of this stuff. This is pretty much how I've had it for years. It pretty much stays
the same every single time. And this is how I have everything set up. So, I guess you can pause it, look at yours,
and make it look exactly like mine. This is what I do to set up my charts every single day, right? So moving along with
that, we have this button right here. So this is basically to make the market pretty much full screen. So the whole
entire screen, as you can tell, is just the chart right now. This is a very clean format on how you can look at the
chart if you just want to focus on the actual price and not get distracted by any of the other buttons that you may
have. And then you can just click the exit button on your keyboard, the ESC button, and then it returns back to
where it was. But it's a pretty cool feature in order for you to just see the chart to not get distracted with all of
these different buttons. Little camera button is so you take a screenshot or take a snapshot. Screenshots basically
this page saves it for you and then you can go ahead and save that to your desktop, to your trading journal,
wherever you want to save it. Moving on, next to that we have the publish button. I've actually never published anything
inside of Trading View. I guess Trading View has communities of other traders that post stuff in there. I have no idea
what that is, but I've never really used it. Moving on over here, we have the blue list. So you probably have a red
list which is a standard when it creates your first account. But inside of this blue list is where I have the markets
that I am currently trading. So as you can tell all of my markets are currently tagged with a blue tag because this is
the markets that I trade. I pretty much picked this color blue when I started years ago and I've just stayed with this
blue list and I've stayed very superstitious to this list. These are my profitable pairs. These are the pairs
that I tend to find the best market opportunities in. And I don't plan to modify them for anything. Now, you guys
probably can't see them because my face is in the way, but these are all of the markets that I personally trade. And I
don't plan to change the color blue. I don't plan to change these markets or add any of the markets. This is more
than enough markets for me personally. I'm very superstitious with them and I like them the way that they are. So, I
know here when it comes to the blue list, you can add stuff here. I've never even clicked on this option, so I don't
even know what it is. I believe this plus sign is if I want to add a symbol, but another way that I can go about
adding a symbol is by simply just searching it up. Let's say I want to add a UD NZD, for example. All I have to do
is just click on this little flag button over here. And once I click on it, I can pick the color that I want to pick. And
as you can tell, the default color is going to be blue. and then AUD NZD will pop up as the last option all the way
down over here. Now, I actually don't like trading NZDUSD. So, for now, I'm just going to click on that flag and
then it will automatically get removed and then I no longer have AUD NZD there. This little pie area is advanced view.
I'm actually going to be clicking this for the first time ever. Okay. Well, I guess this is what it does. And I have
no idea what that does. So, we're not going to I can't break something down that I have no idea. here on the
settings option. This pops up the volume, the change, and all these different stuff over here. Honestly, let
me see. What is What is this? Okay, there you go. That that takes away the price. This takes away the the change.
And then this takes away the change percentage. Honestly, I might just leave it like that. That looks a lot cleaner.
And when I go like this, I guess. Yeah, actually, I like that a lot better. I mean, honestly, it looks kind of cool
when I had all of these, right? Cuz it it looks like I looks like I'm on to something. But basically, right there,
that's just the options that this can pop up. I don't even know what this change percentage is. I don't know
anything about this. All I know is that this is the price. So, Bitcoin is at 115,000. XRP is at this. Ethereum is at
this. And this is the price of these markets. That's pretty much it. That's all I really know when it comes to them.
I don't really know anything else inside of here. This right here is going to be the the watch list and the details. So,
if we were to click that and thenclick that, it just hides them and removes them so we can have a little bit more of
some space. Or you can just simply drag it left or drag it all the way to the right so you don't have to see them. I
always like having it pretty much like this where I just see the first base currency. I don't really need to see the
quote. I know the order of my pairs and I'm very well in connection with them. The button under that is going to be the
alert. So this is every single time your alarm gets hit. This is pretty much like the the history of all of the alarms
that you can have. Get tells you all the details about it. I mean I've had I don't know. I'm curious on how many
alarms I've had. But I've had hundreds of different alarms that have been triggered. And yeah, this is like the
history of all the alarms that I've used. Let me see when I place my first alarm. It's pretty interesting. I placed
my first alarm 2020. Is that is that what it is? December 20th. Is that is that the day? Yeah, December 4. So, I
guess the first one is down here. Oh, you guys can't see it, but right here you can see December 13th, 2020.
It's when I placed my first alarm. And right now it is September 13, 2025. Dude, I've been doing this [ __ ] a long
time. Five years I've been just following these alarm. I didn't find out about these alarms until like a year and
a half into my journey cuz I was just trying to predict this [ __ ] if it was going to go up or down, honestly. So, as
soon as I figured the alarms is when I realized I didn't have to be in front of the markets all day. This area over here
is the object tree and data window. I have no idea what this is. I guess this says all the different objects I have
inside of the actual chart, but I don't use this. And then this is more of like a community section. I have never
engaged with anybody in that community, and I do not plan to either. Down over here, I don't know what this is. I don't
know what this is. I don't know what this is. I don't know what this is. Or this, or this. Oh, you guys can't even
see it. So, it's even better. All the three options that are going to be at the bottom right corner. Actually, let
me see if I can move myself. Oh, I hope I didn't mess this up. Yeah, let's just leave it like that. Okay, there you go.
I hope you guys are seeing that right there. So, these little icons over here, this one right here, this one right
here, this one right here, and this one, this one, this one. I don't know what any of these icons are used for, to be
completely honest. I have never used them myself. Let me actually just move myself to the middle for now. But yeah,
I I don't use any of these options right here. I have never used them. All I use sometimes is this right here just to
block out some of the markets that I'm not going to be trading for the week. So let's say I break down my 10 different
markets for the week and I'm only interested in trading these for example. I'll just use this right here as a form
to just block out all the other markets just so I don't get distracted. But this tab here as well, I don't use any of the
information in here at all. This is [ __ ] Letting you know that this more of a buying market than a selling
market. This uh seasonal is [ __ ] This performance is [ __ ] This is all just an information overload that
you don't need to use it at all. The only thing that I personally recommend to be using here is this note section.
So in here you can actually write a note to yourself. So hey I'm waiting for a shift to structure or hey I'm waiting
for my entry signal. And then all you would simply do is just add that and it's going to be a note that will be
saved inside of your Euro USD section. For example, on my AUDCHF example, this is a note that I wrote to myself in
2022. So, about to be a little over three years ago, I wrote this note to myself. Um, these are the confluences
that I had to sell, for example. And these are just notes that I can just write to myself in here. But yeah, this
in here, I don't use this at all. I don't use this right here at all. This is just a bunch of information overload
that you don't need to have. Once again, I just have it here because I think it looks cool and I personally like it. you
know, whenever I post videos on Instagram or here on YouTube. Looks like I'm a more of an expert than what I
really am, but this really does absolutely nothing, right? So, now that we understand that, I'm going to move
myself back to that right hand corner. There we go. So, coming back over here down to this section of the trading
view. I don't know what this little option over here is. I guess this is the time zone that I'm in. Whatever time
zone the market was like, whatever trading view was created on, this is what it is. This is the time zone that I
have. I've never really modified this. This down here is going to be the actual calendar of the chart. So you can tell
this is September 3rd, 5th, 9. So these are more of the days and the further you go back, you can just see the months
continue to go back. Even the years, we have 2025. We go even further back, we have 2024, 2023, pretty much so on and
so forth. So down here is the dates of the markets. And once again, you've probably seen me grab this just to use
the markets left and right. Hold on to the screen and move it up or move it down. You can also move it to the left.
You can also move it to the right. Just a different way of you adjusting the charts. This area right here does pretty
much the same thing. You right click on it, you move it to that area, you click this area, you move left. This, you
click this right here, you move right. Or you click on the reset the chart, and it just resets it back to how it should
originally have been. Moving on down here, you have this area over here, which is going to be the one day, 5day,
1 month, 3 month, six month. I don't really know what this is. I'm sure if I click on it, it's probably going to take
me to something like that. I don't know. I've never clicked on it. I've never clicked on this button either. I have I
did I did do this once one time by accident and I brought this up. I'm like, whoa, what the hell is this? And I
guess this is just a different way for you to pretty much just set up, I guess, your bar replay. And I just realized
that I did skip a button which is going to be the bar replay. So the bar replay is actually something that you use to
back test. So I just clicked on that button and let's say I want to back test. I can just start back testing.
Let's say from this point right here. I right click it and then all I would have to do is just start. I click the play
button and then it's like if I were to be back back testing. I can pause it. I can speed up the time of the
candlesticks. I can change from a certain time frame to another. This is basically the back testing tool that
Trading View has to offer. It's a very cool feature and personally I don't recommend back testing. I actually hate
back testing. I think it's one of the biggest mistakes that traders do when it comes to back testing because it creates
a false expectation of what trading is really going to be like. I have my personal opinions on it and you know
once my students join the community I explained to them that live testing is the best thing that you can possibly do
because when you go back test you pretty much just saw what ended up happening here, right? Even whether whether you
try and forget the or whether you get a friend to come pick the market and select the bar replay button, this still
is not the same because right now we're on the four 4 hour time frame and this market just had all of this move right
here and that just happened in literally 2 seconds and in real life this took nearly 36 hours to happen. So there's a
big patience factor that back testing does not take into account and I feel like it gives a false perception of what
trading really is like. That's why I'm personally very against back testing. And I'll give you guys, you know, more
details on my thoughts on that later as we go through the actual strategy part and how you should actually be trading
and what you should be looking for and what you shouldn't be not. But yeah, I just realized that I overwent that bar
replay button. But continuing down here, yeah, I've never really used this area down here. I think about a year ago I
accidentally moved this up and then I realized something down here even existed. I don't know what this open
panel or maximize panel even is. Moving down over here to the left hand side, you're going to have this little star.
So this little star is actually this toolkit right here. So this toolkit, if I were to click the star, it pops up. If
I don't click it, it won't pop up. Once I have my toolkit pop up, these are all of the tools that I actually use to
analyze the market that I use to determine whether this is a good trade to buy or whether this is a good trade
to sell. Now, these are all of the tools that I personally use. These are all of the tools that Trading View has to
offer. If you were to rightclick on the trend line and tools, you're going to get many different formats of trend
lines and many different ways that you can identify the market. You can get this type of tool. You can get this
different type of trend line here. For example, you can get a trend diagonal. I have never used this in my life and I
have no idea what they are used for. I only use inside of this line section. I use the trend line, the horizontal line,
and the horizontal ray. For you to get access to it, all you have to do is just put the star. Click the star. Click the
star. And you're going to notice that it's going to automatically pop up on your own custom toolkit bar. All of
these other different types of trend lines. I don't know what this is. Like the [ __ ] is this? This is a pitchfork.
Like how? Like it's literally named pitchfork. Then this is a shift pitchfork. Like what the [ __ ] is I don't
know. This in my opinion is just too much information. And believe me, when I was learning how to trade, I was here
breaking my head, literally trying to figure out, first of all, what is a pitchfork? Like, what is an inside
pitchfork? Like, what the [ __ ] Like, looking at this now after I've been trading for such a long time, just makes
me feel extremely happy that I actually was able to become a profitable trader with this amount of information overload
that, you know, these different platforms have to offer. You know, they they don't do it in a malicious way.
They just do it because, you know, their their business is to offer all of these different types of tools just so anybody
and anybody can use it. But what nobody teaches you is that you don't need to know or learn every single thing inside
of this platform for you to determine if a trade makes sense to buy or sell. You really don't. But all of these tools
that I have here, the trend line, the horizontal ray, and the horizontal line are the only lines that you're going to
be needing inside of this section. Moving on to the section below, you have the Fibonacci. So once again, there is a
quantillion different amounts of Fibonacci tools and different formats that you can use. I don't use any diff I
don't use any type of Fibonacci. I don't use any type of can or what I don't even know like I think this is the biggest I
don't even want to say anything but I don't know. I just I'm telling you, I just looked back and I really tried to
figure out how to make something work with this right here. And you guys don't understand how much time I wasted by
doing this. This really this really messed me up, guys. I I I mean this in the most humbling way. Like this really
made me lose a lot of time. So, you won't need to be learning any of the stuff here. They can pretty much nuke
this whole entire tab right here of the Fibonacci and that will change absolutely nothing in my trading. Next,
we have the pattern section. In this pattern section, you have the all of these different types of patterns. The
holy pattern. Let me see what this one looks like. What is this? The cloud. Like how does this even make out I don't
like what what does this do? I don't I don't know. Oh my god. What is this? The Sline. Y
this looks like a heartbeat. This is like Bro, this was my heartbeat trying to learn this whole trading [ __ ] Trying
to figure out if I should be interested in buying or selling. Like this right here is not a trending. This I don't
even know what this is. Oh my god, I just I'm so passionate about trading that sometimes this type of stuff drive
me crazy because it can just completely mess up somebody's journey. The only pattern you're going to be needing,
ladies and gentlemen, is going to be the head and shoulders. So, just put a little star on the head and shoulders
pattern and then it should pop up right there into your toolbox. Below that, you're going to have the projection.
You're going to put a star on the long position and the short position. These are very self-explanatory. Whenever
you're going to buy a trade, this is the long position you're going to pop up. So whenever you buy a trade, you expect for
you to pre-calculate your risk. So in here, let's say you're only willing on losing a 100 bucks. And then if you were
to then have a one:2 risk-to-reward, for example, which is what this is set up right now. So your risk-to-reward ratio
is a 1:2. So you're risking $100 here to then making $200 here. So this area is where then you're going to be making
$200 in this area right here. So you're risking 100 right here. And if you win, you win 200. If you notice, it is
literally the exact double size. And that's what makes it a perfect one to two risk-to-reward. So, you're risking
one to gain two. Or you can risk one to gain three. Just simply triple that. And then there you go. So, you risk one to
gain three. You could do gain four, five, six, seven. It's all based off of this number right here. So, this right
here is a one to five. So you're risking one to gain five. Right here we have four and then we have five for example.
So this risk-to-reward tool works for buys and then it also works for sales. So here you're risking one to gain two.
And I'm going to be explaining to you how to properly place this where it should be your minimum risk-to-reward
tool why it should be and the whole entire philosophy behind that. So that's what the risk-to-reward tool are going
to be. And I feel like I didn't really mention these other tools over here, but uh trend line is very simple. It's just
a trend line. We don't really use it as a trend line. We use it more for to create our structure points. And I'll
explain all of that later once we get into that. Our horizontal line is just so we can identify a line that goes
pretty much across the chart. And a horizontal ray is pretty much the same exact thing as the horizontal line. It's
just from a certain point. So instead of it being the whole entire market, we could just place it based off of this
point. Makes it very simple so the market and the charts don't get too cluttered up with an abundance of
information. So the head and shoulders pattern is used as a reversal pattern and this is so you can determine where
the left, the head, and the right shoulders. If you guys have been following me for some time, you're
probably going to notice that I repeat this pattern time and time and time again. That's because this is simply one
of the most powerful patterns in the market to date. and it's the one that has led me to have the majority of my
success. But there's a very specific way on how to use it. And don't worry, I'm going to be breaking down how to use
this pattern accurately later into this video. For now, I'm just showing you what Trading View is and what you should
be focusing on and what you should not be focusing on. This is pretty self-explanatory. You might have it full
of different colors. It might be pretty ugly when you have it. All you have to do is double click it or right click the
head and shoulders, go to style, and you can pretty much style it however you want. You can put it available on
whichever time frame you want. Change the colors. Put the borders however. And you can make the background however you
want. I'm sure pretty much I'm sure it comes ugly. Probably does. Probably comes with a bunch of different colors
and ugly like this. I just have it as simple and as clean as it can possibly be. But I'm going to be showing you how
this works later inside of the video. Next, we have the long and short positions. We won't be needing anything
else down from over here. This is crazy. This is basically saying that it's going to predict the next move. It's pretty
cool. I'm not going to lie. It's for like a tattoo or something, but not to make money in trading. Honestly, that
makes no sense. Next is the brush. The brush is just used for my educational purposes. Whenever I want to mark up
structure points or whenever I want to mark anything off and show people or just set a reminder of something, I'll
just circle it and I'll know to come back to it whenever is needed just to pretty much note things down. The
rectangle is going to be used as a box. This is where you're going to place your zones of support and resistance. And
I'll be breaking down support and resistance later. So, make sure you have this box. It's going to be very crucial
and essential that you have it. Once again, if you don't like your colors, double click it, rightclick it, and you
can pretty much change the colors however you want. Or you can just do it based off of this other tab right here
that pops up. And then here, you can go based off of the custom colors that you want to go ahead and make your box. I
always like making it as light as possible so you can actually see price. Some people like having it super dark
and if you have it super dark, you literally cannot see price. The box is blocking price. I like making it around
a four to 5% just so it's very light tint so you can identify if you're in or out of the box, but you can also see it.
Next is going to be the rotated rectangle. And this one I'm actually going toclick. I accidentally had that
one in my favorites. Next is going to be the path. This one is something that I use to identify market structure and I
follow where the price is going to move or when I have a prediction from the market. For example, like let's say I
want the market to have a retest of this area right here to then buy. I do this whenever I analyze the markets every
single Sunday with my students and I give them my top markets. I will do something like this. So throughout the
week, they know exactly what they should be looking for and wait for the market to do something like that. Basically,
this is just me setting up the the path that the market should follow in order for me to be interested in the trade.
Next to that, you have the eclipse. The eclipse is just another form of you placing a circle. If you want to go
ahead and zoom into a market, for example, let's say I want to go to the lower time frame on this area right
here. I just put the eclipse. I put a circle over here. And we go down to the 30 minute time frame. And on the
30-minut time frame, I know that that's where on the 4our time frame I had it circled. And I'm going to be looking for
whatever market structure or whatever learning lesson that I need to look for it here. If I want to see how this
specific market looks like on the weekly, I know that all I have to do is go to the weekly, find that circle,
which will obviously be a lot smaller because you know that the higher the time frame, the tighter it's going to
be. This is what that circle will look like on the weekly. If I want to see it on the daily, this is what it's going to
look like on the daily. just an area for you to be able to identify the market and you can tell where you are in that
market and then you can go and look at the details. Then that's going to be the final tool that you're going to add
inside of this section. Next to that you have the text and notes. If you want to make sure you can add the text tool. So
this right here is so you can write down your actual confluences onto the chart. So whenever I want to write down a note
to myself I can either use this option over here. So I can use this notes option in this area of the trade or I
can actually do it right on the chart which is where I like it a lot because I'm literally placing it right on top of
the market. So for example here I am waiting for the market to come back to my area of interest or area of interest.
Now if I want to make it longer just go like this. If I want to make the text smaller I click this button right here
making it smaller. These are all just custom, you know, curious creature features that you can pretty much play
with it, but it's just just a note thing pretty much. Under that, we have the call out. Call out is pretty
self-explanatory. Let's say you're going to get on a call with me or you're going to get a call with my team and you want
to review a trade. You simply get this call out pointed to this point and it's ask this,
ask team this. So, for example, it's just so you have the specific spot that you want
to actually write it down or review it. Or if you take a trade and you took a loss, for example, let's say, for
example, this week I took a loss here on NDUSD. I'm going to use the call out option. And here's where I'm going to I
took a loss, but I want to come back in one week and see how it reacted, for example, or how it reached this area, so
on and so forth. Just a different way on how you can actually write down a note onto the market. Continuing from that,
you have the emojis. We're not texting anybody. We're not, you know, putting emojis here. We're here to make money,
not to put little hearts on our trading view. Ladies, if you're on here, you're going to put hearts on your charts.
Sorry, not that guy. Guys, if you're going to put a heart on your charts, I think you should not be here. Totally a
joke. If you want to put hearts, you can do whatever you want, but I've never done that in my life. This tool right
here is going to be the measurement tool. So this tool is actually very useful when it comes to either measuring
the size or the time of a market. So for example, let's say we want to know how long the market took from get to get
from this point right here to this point right here. This market took a total of 93 bars, which on the 4hour time frame
is a total of 21 days and 12 hours. So you can just click the actual candle or anywhere in the chart and drag it left.
And you can see how you continuously dragging it left. This is going to continuously move and it's going to
measure how much time or the length of that move. Now, that is the time wise. Now, if you want to measure it in pips,
which I'm going to get into pips right now, all you have to do is just go up and down. So, let's say you want to see
how big a zone is. For example, let's say you want to measure this zone. You go to the top of the zone and then you
go to the bottom of the zone. And you can tell that this zone is a total of 20 pips. 20.3 pips. If you want to measure
the size of this candlestick, you go from the top of the candlestick to the bottom of the candlestick and you can
tell it is a total of 52 pips. And now if you want to measure it to the upside from this zone to this zone, you can
tell that that is a total of 40 pips. Now what are these pips? What is a pip? Pip means point in percentage.
Point in percentage. Percentage. So this is how you measure the market
and the the length of it. So let's say this right now is uh two fighters, right? So these are two fighters. This
is the pound versus the Swiss Frank. And this is when Mike Tyson or this is when the Swiss Frank beats up the pound. So
this if this movement goes down that means that the Swiss Frank is getting stronger than the British pound. This
move is happening right here. And you want to measure how strong that move was, you just measure it. You get this
right here and then you measure it from the bottom up, from the top down, it's going to be the exact same pip amount.
Pip is the point in percentage. So you measure that move in pips. In fighters, if they were to be fighting, oh, he
knocked them down and he stayed down for, for example, if you were to measure this, he stayed down for 50 seconds. But
in trading, this move went down 50 points. Now, this is not correlated with time, but this is just how you measure
the length of the move. In fighting, you measure the length of the knockdown based off of how long he was down for,
for example. And I'm sure there's many different analogies that I can put to it, but it's just the first one that
comes to mind. PIP is the point of percentage. It is the measurement that the market has. So, let's say a market
goes, let's say you want to buy this market from this point right here to this point. You're aiming for 40 points.
This 40 points is what the market is going to do. Now you risk behind like the you base your trade based off of
these points. So let's say you want to risk $100. So if you risk $100 per point, you just do 100 times 40 and then
you can go ahead and see how much profits you're going to be making. So for example, let's say we're going to
have this buy position, right? So this buy position and I know I I can get this lit later into the actual technical
parts when we get to the market, but let's say right here our stop loss is 20 points, right? 20 pips. If we want to
risk $500, we then go to our position size calculator. We can go to on 1xtrade.com. We can go to lq.com. They
all have these cool position size calculators where you can pretty much base your account balance. And then from
there, you can actually tell your lots, the lot size, and all that, which I'll get into that later into the actual
video. But here, basically, you would tell, okay, so this has 20 pips down, and then this has 36 pips to the upside.
That's how you measure how long your stop loss is going to be. and how long your takerit is going to be. Pretty much
the tool actually measures it for you, but this tool also measures it for you for whatever reason you want to measure
this zoom in option. Uh I I don't really know what it is. I'm going to click on it right now for the first time. Oh, I
guess it's whenever you want to Oh, okay. So, I guess whenever you want to really like zoom into a piece of market,
you can just get that tool. It's a pretty cool tool. And then I guess this is whenever you want to zoom out of it
pretty much, but I've never really used it. Not really interested. This magnet. I have no idea what it's used for. This
I have no idea what it's used for. This is for whenever you want to lock your drawings. I never really use this
option, but I do use this option sometimes, which is where you want to hide all the drawings because sometimes
when you're looking at the market, for example, let's say like my NZDUSD, like I have a lot of notes sometimes placed
on the markets. And if I want to just remove all of these different noise that I have from my notes, I just look at the
market for what it is. And don't worry, all those notes that I have there, I'm going to be educating you guys on what
they are throughout the video. So, don't try and pause it and sneak in and zoom into it. Trust me, if you try and take
the short way, you're going to you're going to confuse yourself because you're not going to be educated on that
information. Correct. So, this tool right here is just to pretty much hide all of the options for however long you
want it. This is going to be the I don't even know what this is. This is the sync drawing options. I've never used it. And
then this is the the delete button if you want to go ahead and delete your drawings. And then after you favored
every single one of these tools that I've just explained right now, all you have to do is put a star and then this
tool kit pops up and down. Moving on to this top section over here is where we have the actual currency market that
we're interested in trading. Once again, this is just another time frame that is telling you whether it's reflecting from
here. This is the server that you are in. So you can either be in the end the server how I am now or whatever server
you decide to pick. This is the color of the symbol that you have, the flag that you have on it. And these are just more
settings that you can have and curious features on it, which I never really use. This area up here, I have no idea
what this is. I guess this is the measurement of the path or the tool whenever it goes on Trading View, but I
never ever look at these numbers. I just think it looks cool whenever I move it fast, how fast it also moves alongside
with it. This option right here is the exact same thing. As you can tell, it just moves whenever I move the the path
tool, but I don't really ever use it. This right here is if you want to demo sell or demo buy into the market, which
you could do that, but I've already explained that it's best to go ahead and do that on Trading View just because
it's a lot easier. Uh, I mean, you can go ahead and do that within the broker and Metatrader because you can take it
with you on your phone. It's pretty self-explanatory. And then this option right here is where you can hide your
indicators that you're going to be using, which the only two indicators you need to be using is going to be the EMA
and the no gap candlesticks. So, everything I just educated you guys on right now is going to be Trading View,
right? I get it. There's a lot of buttons. There's a lot of volume. But now that you look at it and you
understand it, it really isn't that complicated. All you really need are these tools that you have up here. And
that's pretty much it. You don't even need to click this button right here for the alert. You can just click right here
on the right hand side. Whenever you want to search up a market, you just simply type it on the keyboard. And
whenever you type it, it should just pop right up and then it comes over here to the side. All of this other information
is literally just information overload and you don't need to know any of that stuff. So, this right here is Trading
View. This is where you're going to spend 90% of your time, if not 95% of your time when it comes to actually
executing the analysis of the market, and you're going to determine if you're interested in buying or selling. But at
no point are you actually going to buy and sell off of this market. You're never going to deposit into this
platform right here. This is just where you look at the market. Then you have the broker where you deposit the funds
and then the broker creates the MT5 account where you go and execute the trade. This everything right here are
just simply the trading tools and platforms that you need to have when you are trading in the markets. Believe me,
I wish I had these markets when I started trading because personally, I had so much unnecessary information on
my charts that just simply cluttered my time and it wasted me from actually focusing on things that do matter and
that's practicing a strategy, not trying to figure out what every single feature inside of Trading View was and if there
was these different hidden secret websites that were going to lead me to understand if something was ready to buy
or not. So, in this little zap right here, this is basically the latest update of the market. every single
market will have that little lightning just shows you where the market is at that very moment. Obviously, this is
where these markets are and it just gives you like the latest updates on it, but I never click on that either at all.
These are just cool little features that Trading View has to offer. And if I didn't show it, this little lightning
right here, it's just the latest updates of the market pretty much. So, once again, all you need is Trading View to
analyze the markets. You need a broker to deposit your funds. I recommend LQ Markets or I recommend 1xtrade.com. And
then the only other platform that you're going to need from that is maybe and if anything Forex Factory for you to
understand if there is fundamentals that are going to be happening. Now later into this video I'm going to explain
what fundamentals are good for and how you can actually leverage that into a profitable strategy. So we'll break all
that down into the future. All right. So now that you understand how Trading View works, we're going to go back to
MetaTrader 5, but I'm going to show it to you here on the actual Trading View just because I can show you everything
on one spot. So I know we're going back and forth. So bear with me. have some patience because I'm trying to explain
to you every single feature of trading all inside of the same section so you guys can know exactly how to use it all.
So, this right here is probably when you were looking at Metatrader 5 on your phone and you were probably a little bit
confused whether you were ready to actually either place a market instant execution, you're probably curious on
what's a buy limit, sell limit, buy stop, sell stop, and these other pending orders that are right here. So, this is
once you are ready to go ahead and execute the trade. So, let's say you're looking at NZD JPY, for example, and
you're ready to go ahead and execute that trade and you're ready to place either a buy or a sell. So, if you want
to place a buy or a sell based off of where the market is exactly right now, you would just go ahead go to market
execution. You would put your stop loss and then you would put your takeprofit and then you would immediately take the
trade. So, if you were to put your takeprofit, it would look something like this. And then if you would put your
stop loss, it would look something like this. All you would have to do is come to the MetaTrader 4 or the MetaTrader 5
app and then all you would have to do is just place the stop-loss numbers and place the takerit numbers. So the stop
loss number for example right here it would be on this trade for example you were to look at it on this section you
could look at either on the right hand section or you could just double click on it. You go to inputs and your stop
loss is 87.670. So you would go over here, you would bring up your MetaTrader 5, and then you
would go ahead and implement right here in your stop loss the numbers that you see right here. So your stop-loss level
is going to be 87.670. 87.670. And then you would go ahead and place
your takerit. So your takerit is the green area. And then on this takerit area, you would go ahead and put 88736.
So take profit, you would put 88736. So then this right here would be your take profit positions. Then after that
you have the deviation which I have absolutely no idea what that is. I have never placed anything on that button
right there. All I know is whenever I want to trade whenever I want to take a trade live based off of where the market
is, I go ahead I place my stop loss. I place my takeprofit and then I click buy. Now before I click buy, I need to
make sure that I can calculate my risk on the position. So if you notice here, this lot size is going to be 0.05.
Now, you're probably wondering, Alex, what does that mean? What is a lot size? How does that work? Well, it's actually
very simple. Your lot size is what's going to determine the actual risk on the position that you're going to be
taking. So, if you want to risk a $100 inside of this trade right here, right? So, for example, let's say you have a
$1,000 trading account, right? Your balance on the account is $1,000. You deposited $1,000 inside of 1x trade. So
on your MetaTrader 5, it says $1,000, but out of those $1,000, you want to only risk 50 bucks, right? That is what
you are okay with risking on this position right here. All right, cool. That's a great percentage based off of
your account. And this trade, you're going to be risking $50 to potentially gain $100. That is a positive
risk-to-reward ratio. Now, how do you calculate that lot size that you need to go ahead and place into your position?
Because once again, this lot size that you're going to be placing right into your MetaTrader 5, that needs to go
directly before you click the buy or the sell button. You can't click buy or sell into the market until you haven't
pre-calculated your lot size. Now, determining your lot size is extremely easy. So, you can come over here to
1xtrade.com. You can go to their lots size calculator or you can go to LQ Markets and you can go to their position
size calculator, whichever one you like best. And let's say right here you're going to put your account balance. So
let's say your account balance is $1,000 for the example that we're using right now. And you want to risk 50 bucks. So
50 bucks is 5% of your account. And let's say your stop loss in pips is going to be a total of 35 pips. For
example, let's say we go back to this trade right here. And this is a 30 pip stop loss. So as you can tell, this is a
30 point stop loss. This number right here amount 750. I have no idea what it is. This percentage, I have no idea what
it is. And this stop 0307, I have no idea what it is. All I know is that this number right here, 30.7
is the amount of pips on this actual position. So, let's say this trade is actually a total of 30 pips. All right,
cool. Now, I know for the takerit, I'm targeting to have 61 pips. Now, I don't know what this percentage is, and I
don't know what this target is. All I know is that this is the pips for the takerit. This is the pips for my stop
loss. And my risk-to-reward ratio is A2. I don't know what this quantity is. And I know this open P&L is going to tell me
how many pips I am in draw down or how many pips I am in profit. Is this fluctuates depending how price is
moving. But I set the time of us taking this trade right at this point right there. This is going to be my pip count
for the stop loss. All I have to do is come back to my lot size calculator. My pip size is going to be 30 amount, 30
pips. And then what currency pair are we going to be trading? So this currency pair that we're going to be trading is
NZD JPY. The New Zealand dollar versus the Japanese yen. So all I have to do is type here NZD
JPY. NZD. One second. Oh, I guess we have to look through it
like this. We type it in. Doesn't pop up. We could just look for it. Boom. Boom. Boom. And it's probably organized
in order. There's so many different currency pairs right here. NZDJPY. And then all I have to click after that is
just simply calculate risk. Now, my lot size in order for me to risk $50 with my $1,000 account and a 30 pip stop-loss is
0.17. Now this trade right here as soon as I am going to go enter the trade when I go
place my stop loss all I have to do is put 0.17 on this lot size. I put the number of my
actual stop-loss 87.650 right here and then I put my takeprofit which is going to be 88.570
at this point right here. And then I click buy at no matter what happens in this market. Trump could come out with
the craziest tweets. another Corona virus, uh, another anything pandemic could happen. This can have a massive
candlestick to the downside like this or a massive candlestick to the upside like this. The most I will ever lose on this
position is going to be those $50. Why? Because I have a stop-loss and I have it calculated with the lot size. So, I know
exactly how much I am risking on this position. As soon as I am entering this market, that is exactly what I am going
to be risking. I will not lose any more than what I have pre-calculated here. And I will not gain more than what I
have pre-calculated here. As soon as the market comes to this area, the market will automatically take me out at my
stop loss at this point right here. As soon as the market comes up to this area over here, the market will automatically
take me out at this area right here. The beauty of this right here is that you know exactly how much you are risking to
exactly how much you can potentially gain. There is no random outcome. There is no uncertainty what can potentially
happen. You know exactly what is going to happen. So MetaTrader 5 when you are going to go execute your position and an
instant execution you have to just make sure that you simply just click zero. You simply just place your stop loss you
place your takeprofit and you calculate your risk. Then you click the buy or the sell button. Now the only difference in
between instant execution, buy limit, sell limit, buy stop, sell stop, buy stop limit and sell stop limit is that
you pretty much predict or you place the area where you want for the market to enter you right away. So a buy stop is
an order placed above a current price and you're basically going to be entered into the trade as soon as the market
gets to that point. So for example, let's say I place a buy stop order, right? So let's say we want to place a
buy stop. I would place the market right here. So as soon as I click the buy stop option, there's only one tab more that's
going to open and that's the area where you want to place where where you want to place the price. So this is where you
want to place the price. So this price is going to be at 88145. So you are telling Metatrader 5 that
whenever the market gets to this price 88145 the market is going to immediately enter
you the position. So this is if you have to go to work or you have to go to the gym or you have to go to sleep. Whenever
the market breaks through this area it's going to automatically enter you into the position with your pre-calculated
stop-loss with your pre-calculated take-profit. Everything is exactly the same. The only difference is that you
are literally just placing price whenever and if price ever gets there, it's going to enter it automatically for
you. That's pretty much it. When it comes to a sell stop, it's the exact same thing, but just to the downside.
Let's say you want to sell this market, but you don't want to sell this market right here, and you see yourself that
you're going to be having a long day at work or a long day outside of the office, but you know, once price breaks
this area, you would be interested in executing the position. Okay, cool. So you just simply place a sell stop and as
soon as price is below that current price and that's where you're going to be immediately entered into the position
as if you were to be executing the market at that point. And then you have what is called a sell limit and a buy
limit. So it's an order placed above the current market price anticipating that it's going to fall. And a buy limit is
basically you're placing a limit below the current market price while the market and you're anticipating for it to
rise. So let's say at this price right here, you want to go ahead and you want to place a sell limit. Now for you to
place this sell limit, let's say you want price to get to this point right here. Let's say you want market to get
to 88.277. Once price gets to this area right here, you're going to enter the market as a
sell. So let's say you identify this to be a very strong level of resistance. Whenever the market gets there, you want
to be immediately entered into a sell. Once again, you predetermine your stop loss. You predetermine your takeprofit.
You just see yourself that you're going to be busy and you can't place the limit and it places it for you. The buy limit
is pretty much the same. It's just vice versa. So, let's say you don't want to buy right here because it is way too
high and you want the market to buy at this point right here. You see price is going to have a reaction from this area
from we're going to double click this area. It's going to be 87.723. Okay, cool. So, whenever price makes it
to this area and if it has a dip down into this area, it's going to automatically enter you into the buy
position. Let's say the market continues to go down. Well, you entered the market at that position. That's why I don't
like using these pending orders because the momentum coming into these zones could be very strong. And if you were
just to be watching the market live, you could probably avoid a loss because price can come very strong into this
area and within the same candlestick or within the same minute go straight to your stop loss. And just because you
entered it off of a specific zone, you simply got stopped out. But if you were probably watching the market live as it
was having that deep retracement, you'd probably be like, you know what, I'm going to wait for this momentum to slow
down a little bit to see if I can get a better entry. and then there you can potentially avoid a a loss or even get a
better entry all the way down here. Instead of using these pending order limits that basically execute the trade
for you, I would much rather use my alarms. So, I put an alarm at these specific areas and once price gets
there, I will then be looking at the market to see if I'm interested in executing the trade. Now, I did this
while I was working at Dunkin Donuts. I worked at Dunkin Donuts for a couple of years and I had multiple different jobs
and at no point did I put these limit orders as the decision maker to enter the trade for me. I wanted to make sure
that I am entering the trade based off of a real confluence that I am actually having. At no point did I want to enter
the trade just based off of momentum. And if that doesn't make sense right now, don't worry. I'm going to be
explaining all that later when we actually get into the actual strategy. But that is exactly what these limit
orders are and pretty much how they work. And then the only difference in between a buy stop limits and then a
sell stop limit is that you can pretty much just place it limits at these types of orders. So you can either place a
sell limit or a buy limit or you can place a limit on these orders as well. Pretty much the same thing. You're just
setting different limits. But I can guarantee you if you want to use my profitable strategy and everything I'm
going to be teaching you inside of this video and every other video that I've created, at no point do I ever use any
of these right here. But I do have to educate you on it because sometimes temptation might be there just in case
if you are busy and you want to just place a limit in the event that you know you're not going to be in front of the
markets. I think it's just a lot. Okay, so now that you guys understand exactly how a buy stop and a sell stop works.
You guys understand a buy stop was when it breaks through, sell stop when it breaks through, and how these limit
orders work, let me actually just go ahead and show you over here back on Metatrigger 5 once again. Right? So here
we have our 100 bucks that we just deposited. We're going to go back over to the currency market. So let's say for
example, we want to go ahead and trade EuroUSD. Right? So we click on this trade button for us to actually execute
the trade. Now once again just taking a quick step back on this EuroUSD trade. If you click on chart the chart will pop
up. If on the EuroUSD trade we click details details will pop up. And then if you were to click on statistics
statistics will pop up. The only button that we will ever really be using is just going to be the trade button. So we
can go ahead and click the trade button. So we want to make sure that we are going to do a instant execution on this
market. So we can execute the trade right now where the market is at this point. So if I were to go ahead and take
you to the EuroUSD chart. So from the last time that we spoke, the market has moved a bit. So this market right now on
EuroUSD is for example, let's say at this area right around over here. So if we would have actually entered the trade
where I placed it last week when I was recording this video, we would have actually won this trade. This would have
been a beautiful win from the market where we were actually executing the trade. But we're up over here now,
right? So, this trade is having some pretty pretty clean momentum and say you want to buy this market. So, we're going
to go ahead and go to MetaTrader 5. We're just going to put a 0.01, which is the smallest lot size that you can
possibly put. And we're just going to put market execution. Let's say we want to buy this trade at this point right
here. Let's put our stop loss very tight at this point. And let's put our takerit very tight to this point right here. So,
our stop loss is 1.18001. But our stop loss 1.18001 [Music]
and our takerit is going to be 1.18 1.18308 and we simply just click buy and that's
it. We're into the market now. As you can see as soon as we enter the market we are in some draw down in this
position. Now this position is once again is in draw down because we are obviously having a cost to enter this
trade which we are having some fee some spread and as you can tell that fee in that spread it pretty much was already
gone because the trade is in momentum and we're going into profit and once you start making profit those fees are
pretty much you don't even see them anymore right so this trade right here if you were to want to close it you can
just tap on it and you can click close position you can modify position go to chart or click on bulk operations. Right
here, you can see your exact stop-loss once again to the bottom left corner of this pop-up tab. You can then see your
takerit, the time, and the swap. The swap is the cost for you holding the position overnight or over the weekend.
And the fee of that would just pop up there. So, you have an idea on how much actual profit you are in this position.
So, at this very moment, once you enter a trade, you pretty much just have to set and forget and let the trade do its
thing. You either let the trade hit your stop loss or let the trade hit your takeprofit. Now, later on into this
video when I'm I'm going to actually teach you a strategy on how you actually exe execute these trades at the right
areas. You're going to know when exactly to enter and how to manage your trade because a lot of traders, they maybe
know how to analyze the markets. But the reason why they're not profitable is because they don't know how to properly
manage a trade. And I want to educate you guys on different ways of actual trading first before you actually know
how to manage a trade. because you first need to learn how to trade before you can learn how to manage it. And while
me, I was just talking and explaining that, you can just see how we went from being negative 20 cents to pretty much
now being break even or positive 2 to 3 cents. Now, if I were to want to close this position, all I would have to do
once again is just click on that close. Click on the tab of the actual trade. I could go ahead and click close. And at
this point, I would just click close, that orange bar that has just popped up there, and it would say you would close
with 13 cents in a loss. Now, if you don't want to close in a loss, you can just wait. And if you want to modify
your position, you can just click on modify. And let's say for whatever reason, you want to open your stop loss
and make it a little bit bigger, you can just simply modify your stop loss. So, let's say you want your stop loss to be
1.17966. All you have to do is click modify and you come here modify 1.17966
and then you just click modify and then you stay in the exact same position. You just simply modify your take profit.
Let's say once again you want to modify your your stop loss. Let's say you want to modify your takeprofit to this area
over here. Cool. Not a problem. You simply get this and now your new take profit is 1.1413.
It's always good to double triple check because these numbers literally determine your profits. Click modify and
now your trade is modified. You don't get moved into the position. You don't get entered into a new position. You are
just simply modifying your position after you have entered it. So this right here is every single button that you're
really going to be using when it comes to the MetaTrader 5. Once you're in the position, once you click on trade, it
could just give you the option to add another position. If you were to click chart, it's going to take you to the
actual chart on MetaTrader 5. Just so you can actually see where your stop loss is on the chart, which would be at
this area right here. Gives you a real representation of where it is. And then where your takerit is, it gives you a
real representation of where it is. If you were to click bulk operations, if let's say you were to have many
positions available, this would enter you in all of these positions at the same time. So let's say I agree to the
terms and conditions. I click on bulk operations. I can close all positions. close all losing positions, close all
buys in position, close. It just depends how many positions you have open. You can customize the execution that you
want to do at this point. Personally, myself, whenever I actually go close a position, I usually tend to have
multiple lots open simply because I have a lot of trades at the same time, I just click close all positions and it'll
close them all at the exact same time. I don't have to go manually one by one and then click close. It just saves me about
10 seconds. That's really it. So that's pretty much every single feature when it comes to this MetaTrader 5. The last one
and most creative one is I say you want to not close the whole entire position. Let's say you want to close partial. Now
this would only work if we were to be in this position for more than 0.01 lots. For example, let's say we would be in
this position 0.10 and you want to close half of your position. You can simply come into here
and close 0.05 05 and then you click close and then you would be closing 50% of your position. So this is every
single feature that it comes to actually executing a trade with straight market execution. Let's say you want to enter a
trade and then you actually have a buy limit for example. So let's say we we want to have a buy limit on this market
and we want the limit to be based off of this area right here. So for now let's get rid of this risk-to-reward tool. We
want to enter the market once the market hits this price point right here. So that's going to be
the entry price is 1.18120. So price will be 1.18120. Stop loss is going to be 1.1
7879. And then your takerit is going to be 1.8 28
361. All you have to do is just simply click place. And that is it. So now, as you
can tell, you're not in profit or in draw down. What you have placed is a market execution. So once the market
comes into this area, it will automatically enter the position while you're anticipating for it to go up. It
could come into this area and then keep continue going to the downside, but just depends on the type of order that you
have placed, it will execute you into that market. This right here is great for people once again that aren't
available to be in front of the markets all of the time. And if for whatever reason after you place the limit, it's
been hours and the trade hasn't been executed, all you simply have to do is click it and you can delete the order
that you have placed or you can modify. You can either change your stop-loss, you can change your entry price, change
your takerit or you can just delete it as a whole. So if you were to delete it, you just click on the delete button.
It's going to give you the confirmation and then you go to the history tab and on the history tab it should pop up like
an order that you had in in the past or no since it was in a position it won't pop up when you actually close a
position like this one. Let's say we close it right now at 50 cents in a loss. We can see it over here how this
was a position that we entered and how it has actually closed. So this right here is pretty much every single feature
inside of MetaTrader 5. And when you go withdraw your funds from MetaTrader 5, you don't actually withdraw your funds
from MetaTrader 5. You withdraw it from the broker that you are going to be trading. And then that broker will
reflect that price on the actual MetaTrader 5. And now, for example, let's say that we want to go ahead and
withdraw our $99, right? Because we lost the position, we're not happy about it, and we just want to get the money back.
You can't withdraw Metatrader 5. Metatrader 5 is not the broker. You need to make sure that you go to the broker
so you can go ahead and actually withdraw your funds. So remember MetaTrader 5 is the platform where you
are going to execute the position. Anything related to the money in or out of the actual platform is going to be on
the broker. So the money is reflected on MetaTrader 5 for you to actually place the trades. But when you want to
withdraw the money, you have to go back to the broker and request the withdraw from the broker. Once you withdraw the
funds, it's going to reflect on MetaTrader 5. And then from there, you're going to go ahead and do whatever
with the funds once you have withdrawn them. But MetaTrader 5 never has your funds. They don't get access to your
funds. They're just a a platform that just shows the trades and shows the profit and loss pretty much. But where
the funds actually are are within the broker that you're going to be using, whether it be 1x trade or it be LQ
Markets. So, with that being said, that is pretty much everything when it comes to market orders, uh, and how to
actually take a trade, how to place these orders, every single feature inside of MetaTrader 4, Metatrader 5.
Now, I want to get into actual types of trading. I want to educate you guys on fundamental trading. I want to educate
you guys on technical trading and how I personally do it. So, within this video, you guys can go ahead and actually start
to begin executing trades by the end of it. Now, if you guys aren't subscribed, make sure you guys hit that subscribe
button. This is one of the many videos that I'm being created for you guys. So, if you guys aren't subscribed to the
channel, you're going to be missing out on a bunch of videos, including other valuable ones like this one. So, hit
that subscribe button. It doesn't cost you anything. And personally, I believe this is going to be one of the best
videos that you're going to have in order for you to learn trading from zero to 100. So, with that being said, let's
continue. So, now that you understand all that, let's move on to our next subject, which is going to be
fundamental analysis. Now, before I get into fundamental analysis, we already know what technical analysis is. This is
when for you to determine if you want to buy or sell the market. You're going to focus your analysis on the candlesticks,
on price action, which you're going to be reading the candles. You're you're going to be reading the candlesticks
going to the upside or to the downside. That's where you're going to make a decision whether you want to buy or sell
the market. It's all going to be based off of reading the charts, reading the candlesticks, reading technical
analysis, price action. It's all the same thing for you to determine if you want to buy or sell the market based off
of technical analysis, price action, or candlesticks. This is what it's going to be. Now, let's say you want to base your
trade, if you want to buy or sell the market off of fundamental analysis. This is focused on when you read the
underlying articles of either a company that can directly reflect the price of a currency, the underlying writing of a
economy on a country, a news event or just the economy as a whole of the country that directly reflects on the
currency. So fundamental analysis trading is exactly what it is. You are reading the fundamentals in order for
you to determine if you are interested in entering a buy or entering a sell. You're basically going to go out there
and find different articles of a certain country and see the previous times that articles similar to this reflected the
price. And then there you're going to determine if it's a good time to buy or if a good time to sell. At no point do
you ever go to the actual technical charts for you to determine if you want to buy or sell the market. That's what
technical trading is for. So fundamental analysis traders are a bit more on the higher time frames because they're just
using the overall direction of where the economy should be going and then they make the decision based off of that. For
example, if they cut interest rates, the dollar should get stronger or weaker. Or if they start printing more money, the
dollar gets stronger or weaker and then they base their trade off of that. Now, this is a lot more long-term way of
trading. But some traders have gotten very creative and they've combined both of these as a whole. So they will do
their main technical analysis off of price action and then as they're going to go into the trade, they go and check
out if there is certain fundamental analysis or certain fundamentals coming out to see if it can add a certain
confluence to the trade. For example, let's say we would be using Forex Factory as one of these examples. Right
now it's Wednesday, September 17th. And at the time of us trading today at 2:00 in the morning, there was going to be
well, tomorrow at 2:00 in the morning, there's going to be GBP news. And let's say, for example, that I'm interested in
trading the Great British pound. I can go ahead and look into this news article. And this is going to have
everything is this is basically everything that the forecast is going to potentially be. These are the other
dates that it's had a very similar news event to this day. This is what they forecasted. This is what it was
previously and this is what actually happened. If you notice it was forecasted to be one point up. It was
actually two points up from the previous one. I'm sure that had a very minimal impact in the market. If you want to go
and verify that you can just go to this date on any great British pound market and then you can see if it actually had
some type of effect. The CPI news sometimes work. So they they sometimes do this, sometimes don't. Personally, in
my opinion, from my last four years of really like doubling down and becoming a better trader, I'd say 80% of the time,
the actual fundamentals, follow the technical analysis. So, whatever you properly understand with price action,
right? Cuz this is the big thing like you need to properly know how to read price action. Now, I'm not saying you
need to properly have a strategy for you to deter for you to have accuracy with the news. No, that's that's not what I'm
saying. I'm saying if you know how to read price action, you can be a scalper, a day trader, swing trader, you can be
whatever type of trader, but as long as you know how to read price action correctly, you can determine if
something is bullish or bearish. The news 70% of the time will follow the trend of where the price action
dictates. That is a simple fact right now. I'm not saying if you have my strategy or if you trade with my
strategy that the fundamentals will follow that strategy. No, no, no. I'm not saying that. I'm just saying that
the fundamentals will follow the overall trend of price action. And some people wrongfully analyze the trend. So
fundamentals are just simply news events that come out every single day on each currency. You have some news events like
CPI. You have some new news events like BOC rate, overnight rates, press conferences, FOMC, which tends to be one
of the biggest ones. Then we also have unemployment. We have NFP, official bank rates. These are all different types of
news events that affect the currency of that country. So for example, let's say that I am interested in taking a trade
on USDCHF or let's say US Euro USD for example on Wednesday like okay we do have minor news events at 3:30 in the
morning on the euro. H does it make sense to take the trade? Sure. Or you know what I want to sit on the side
because I don't know what the president is going to say and it might affect the currency very significantly. And let's
say I'm interested in taking the trade at on, you know, Euro USD and I don't find the trade in the morning, in the
afternoon. I say, okay, you know what? I'm going to use these news events in my favor. I'm going to use it to actually
get out of the trade. Personally, in my experience from trading, I tried so hard to figure this out and try to find a
potential edge on reading the market. And the truth of the matter is that there is no real edge. The news are
going to have their news event flashes no matter what. There's some events where they're going to have major moves
to the upside, major moves to the downside, and some like it's it just it's going to do what it's going to do.
Whenever news events come out, the brokers mark up their spreads and their fees just because that's what goes down
in those news events. A lot of money gets moved because the big banks and the big institutions, they get scared. They
don't know if the federal funds rates are going to get cut in their favor or against them. And then based off of
that, they're going to move the money around, which in turn affects the liquidity that the brokers get, which
then they have to change and modify the spread. So then they aren't negative on the business. It's just the news events
are a whole mess, right? And so many different things get moved around when these news events are happening. that is
so much that is out of your control that in my opinion it just logically makes more sense to just focus on something
that matters something that you can actually look at and you can see patterns in the past and that's simply
going to be the charts. If a news event comes out and it does this move, so be it. It's not going to be every single
day or every single week that you're going to have a news event like this go in your favor or against your trade.
There's going to be weeks where it's going to be like this, a pretty big wick, and then it's going to go in your
favor or against your favor. It can happen once or two times a month. It is what it is. It's part of the process.
There's no way that I am going to modify my trading approach simply because of a news event that actually has an impact
one or two times a month. The best way that I can put the analogies based off of my experience and the way that I
trade and how I'm going to teach you right now is almost like if a real estate investor would were to be
investing into real estate, but occasionally he cannot see certain pieces of real estate and it's just a
big mystery box. Now, as a real estate investor, will you sometimes take the risk and buy this random mystery box?
Sure. But sometimes these mystery boxes have good deals. Sometimes they have terrible deals. But you're not going to
make your whole entire real estate investment based off of something that is blind, something that you can't see.
You want to make sure that you can actually look at the patterns. You can see the same thing over and over again
so you can actually make a strategy based off of your approach. Now, is there some times where what's inside of
this mystery box could be a great thing? Yes. But I don't know about you, but if I were to be a real estate investor, I
want to make sure that I can see my property before I buy it. I want to make sure that I can go walk inside of it and
I can at least have an idea of what I'm putting my money into. Now, if I were to go ahead and actually buy this real
estate property, but one of the rooms inside of them happens to be a mystery door and I don't know what's inside of
that door. It could either be really good or really bad for the property. At least I have some type of context that
the overall property is good. I have an idea that 70% 80% of the investment actually makes sense. And then the other
percentage just simply is an add-on. If it's good, it's okay. And if it's not, it's still okay because I know that the
actual core base of the foundation of the decision towards that investment was great. That's exactly what trading with
fundamentals is. If you want to go ahead and take a decision just based off of the fundamentals, it's almost like a
mystery box because you never really know how these news events are go like you never know what they're going to say
and then nonetheless how the market is going to react to it. I've had many many times where I have had a lot of analysis
on a fundamentals and I have read it and I personally believe that the market was going to like I would have reacted a
certain way to those fundamentals but then the market reacted a completely different way. So, one thing is what I
personally would do with that information. Another thing is what the market would do. Or the other thing that
you can do is potentially have your whole entire technical analysis, have your price action, and then just have a
piece of it be a bit of a mystery. So, like let's say I enter the trade at 1:00 in the afternoon, for example, and then
the news events are going to come out at 2. Okay, that can add to my trade or it can potentially make it worse. But what
I guarantee you is that if you're making a logical trade decision based off of price action and you're following the
strategy and you're actually executing the trade with proper price action analysis, the fundamentals the majority
of the time is going to go in your favor. And trading the fundamentals alone is simply going to be a
neverending journey of you attempting to predict what is going to happen next and how the market is going to react. Two
very, very, very big variables that are completely out of your control and you cannot see any patterns. And truthfully,
in my opinion, I just think it's a lot easier to actually have a very clear vision of the type of investment that
you're making with whatever type of trade that you're going to be taking. So fundamental trading to me is just simply
a mystery box. And if you make a logical trade analysis decision, this is just simply going to be an added confluence
to it. But if you want to go ahead and dive into a rabbit hole when it comes to fundamentals, please go to f4
forexfactory.com. They've been around for tens of years and they give you as accurate as it's going to get to the
information. They give you what they potentially believe it's going to be, what it was previously, and then after
the event actually happens, what it actually was. But after it happens, it's no good because the move has already
happened in the market. You can't obviously go back into the past to enter your trade. Now, with that being said,
you understand how the fundamentals work and that it's just really a mystery box. But you're probably asking me, "Okay,
Alex, so how does price action work? How do I actually know if something is bullish or bearish? How can I actually
read and understand the market? So, I'm going to be teaching you guys right now how to read the candlesticks, how to
read these patterns, how to identify if something is bullish or bearish, how to do a proper top down analysis, what is
market structure, just everything when it comes to this market that I'm going to be showing you guys right now. So,
this is where things are going to start getting serious because once I actually teach you how market structure works,
then I'm going to teach you the strategy on how you can actually execute the trades on this market. So, if there's a
moment to pay attention and to be locked in and to actually be focused and be ready to write down notes is going to be
this. If you're driving, if you're at work, if you're at an social event, if you're anywhere but in your office or
wherever it is that you had and focus on learning, stop this video and come back when you're ready. It's just going to
make more sense for you to rewatch the video once you've already understood it properly the first time rather than you
just hearing it in the background and then you go ahead and hear it again and then you have to go ahead and hear it
again. It's better if you pay attention the first time so everything connects right from the start and you use your
time efficiently while you're learning. You don't want to just be having this in the background for no reason, right? So,
let's first start off with what is price action, right? So, price action is literally what you're looking at right
here. Price action is all of these candlesticks going up and down. Price action is these points where the market
hits, it bounces from, and it bounces up and down. All of this right here is price action. Price action is when the
market goes up and down. Now, price action can be reflected either in these candlestick formats or in the line chart
as you guys already know. Now, price action is what's going to tell you if this market is bullish or bearish. So
price action pretty much equals the chart which equals the history which equals almost the
heartbeat or the fight. These are all the same exact thing. Price action is everything. Literally the whole entire
market is based off of price action. Price action is the candlesticks. It's price. It's the trail. It's the history.
It's just like the market. It's almost like saying like the road for you to get to one spot to the next area. Like what
gets you there is the road. What connects one place to another is the road. The pavement, the concrete, the
the signs, the the highways, all of that is just at the end of the day the road. This is exactly what this is. This is
the road to the market. This is the market leaving its trail. Price action is just literally everything. Now, price
action can be seen in two different ways. One, the line chart, or two, the candlestick chart. Now, I know we
already know that we're going to be using both of these with one another. And I'm almost going to teach you
something to then go ahead and unteach it to you. Right? So price action is needed
to determine if the market is bullish or bearish. The only way for you to understand, and you guys can go
ahead and write this down. There's a lot of things that I'm going to say that I might not type, but you guys should
definitely be writing it down. Is the only way for you to determine if price action or the market or the chart or the
trend or whatever is bullish or bearish is with the candlestick and the line chart is with price action. The only way
for you to determine if the market is either in a bearish market or in a bullish market is going to be with price
action. There is no other way that you can tell if the market is bullish or bearish without price action. The
fundamentals will never tell you if the market is bullish or bearish. The indicators will never tell you if the
market is bullish or bearish. No crossover, no Ballinger bands, all these stuff I'm going to teach you later into
the future. But no indicator, no pattern, nothing will ever teach you if something is bullish or bearish like
price action. Price action is going to be the end all be all area section where it's going to tell you if something is
bullish or bearish. Everything that is out there in the market that is added on top of price action, it's exactly that.
It's an add-on to price action. Indicators are an add-on to price action. Tools are an add-on to price
action. Um, any possible EMA is an add-on to price action. Any reversal pattern is an add-on to price action.
Price action is the core. And I'm repeating this because I need you guys to really understand and get this
because once you get this, you get everything. As soon as you understand the proper market structure based off of
price action, it is everything. Right? So now that you understand that price action is everything and price action is
needed to determine if the market is bullish or bearish. The market determines
if it's bullish or bearish based off of market structure. So market structure is what's going to let you know if this
market is actually indeed bullish or if it's going to be bearish. Market structure is everything. Market
structure is every single elbow that you see in this market. every single triangle, every single reversal point,
every single pointy section, every single point where the market had a move to the opposite direction. This is going
to be considered market structure. So this is almost like the red lights. This is almost like the turns in the street
lights. This these are the curves. These are the entry and exit points of the highways. These are all of the stop
signs. These are all of the turning lanes. This is all of the mergings. This is basically every single point that
connects the road with one road to another from one destination to another. The middle point is just the road. This
is just the road to get you to this point right here. Once you are at this point right here, this is let's call it
first street. Now this first street, it only has a turn to the left or to the right. And this turn to the right. This
is just the full road to then second street and then back up and down. Now, this is the road. This road is just a
straight road. Straight one shot to get to this street. Once you get to this stop, then you turn to the next stop.
This is just a road to then the next stop. Once you get to the next stop, then it's just a road to the next stop.
So, every single one of these structure points, look at it almost like a stop sign. Look at it like a turning light.
look at it like an entry point to the next entry or getting off at the next exit. These are literally just points
where the road needs to stop in order for you to then be able like let's say you want to get from this point over
here to this point over here. You can't just cross over because there's buildings in the way. There's a lake in
the middle. There's a lot of stuff going on in the middle. In order for you to get to this destination, you first need
to then hit First Street. After you go to then First Street, there's a stop sign and then you need to go back up to
then Second Street. And then on Second Street South, then you need to turn back into First Street North. And then on
North Street first, then you actually make it to then third street. So for you to go from this street to this street,
you need to follow the ways of the road. There's no difference in between that example and then this market structure.
this market structure in order for get in order from it to get let's say to this point to this point you need to
follow the road in order for the market to get there. Now this is going to be crucial for you to understand how the
market actually works how to determine if it's bullish or bearish. Now I'm not saying for example right now that the
live price needs to in order for it to get to down here that it needs to break this road and stuff like this. That's
not that's not what I'm saying. I'm just saying in order for you to understand how the market got from this point to
this point, just follow the road and follow the structure points. The structure points are going to tell you
how it actually made it to that point. So the structure points are these points over here once again are going to be
these stop signs, these turning signals, these reversal areas. These are going to be market structure points. So market
structure points, just we're just going to write this down, right? One thing at a time. Market structure points are the
elbows in the market, the turning points in the market. These market structure points are where it's
going to determine is bullish or bearish. So market structure points are the elbows in the
market. These are the turning points in the market and these market structure points are going to determine if the
market is bullish or bearish. If you properly read every single one of these elbows, you're going to be able to tell
if the market is bullish. Right? So, I'm going to do a quick quiz on you guys right now. Right? And I expect for you
guys to get this wrong. I don't expect for you to get this right. Right? Just going to do this right here. Is this
market right here bullish or is it bearish? So we understand bullish equals up, bearish equals down. Right? So the
market is heading up when it's bullish. The market is heading down when it's bearish. Go ahead, pause this video and
just take a wild guess. Right? Cool. So I can almost guarantee you you're wrong. And even if you're right of the
direction whether this market is up or whether this market is down, you probably don't know exactly why, right?
For example, let's say if I were to give you a very complex equation, right? Let's say I already give you this plus
this for example, and then I give you multiplechoice option. Oh, for example, let's say we didn't know that, but let's
say I just gave you a multiplechoice option and I give you choice number A or I give you choice number B, right? You
only have two options and you happen to just click on the right option and you're right. Now, that doesn't mean
you're right because you know the solution or you know the way on how to solve the problem. You just happen to
pick the right one because it's really is a 50/50. Like, it's pretty hard to get it wrong. It really the odds are
split down the middle. So, that doesn't mean that you know math. method doesn't mean that you're good at it or that you
should be advancing to the next point. That's exactly what this is right here. Just because let's say you pick the
right one because you know obviously there's only two option like the odds of you getting it right or wrong is pretty
fair. Let's say you do get it right, you're probably not getting it right for the right reason. And that is the big
problem with traders. A lot of traders happen to just guess that the market is in the right trend, but they are
actually executing it wrongfully because they don't know where it's bullish or bearish based off of. Now, let me
explain what I mean by that, right? And and we're going to leave this right here and we're going to come back to it and
I'm going to educate you if and we're going to find out if you were right or wrong. So, once again, pause the video,
take a screenshot, and just write it down. Bullish or bearish and then where why or where do you think it is? And if
you don't even know where you identify this market that it's bullish from, then that even shows even more that you don't
know anything just yet. But don't worry, I'm going to teach you right now. It's very easy, right? So, I'm going to
educate you guys right now on market structure, which is everything in the market. Right now, this market is
bullish, right? This is a very clear bullish market. Now this market is bullish because it is consisted of
higher highs and higher lows or also known as HH or HL. Right? Higher high is HH. HL is a higher low. So this right
here is the higher high. Right? This is the highest point in the market. And this is all based off of market
structure. So if I double click this line, I go to text. just going to put hh. So we've identified this as the
higher low. Now this right here is now going to be the higher low. So this higher low point from this point right
here is going to be what took this from point A to point B. Right here you were at Second Street. You had to turn right,
make it to First Street. Now, in order for you to make it to Third Street, from Second Street, you have to go through
First Street and then you make it to Third Street because obviously there was some trees here in the middle. There was
a lake. There's a big building here. You can't just go from Second Street straight to Third Street. You need to go
around the buildings and then you make it to Third Street. Cool, right? Pretty easy, pretty self-explanatory. Now this
market is bullish because of this higher high and because of this higher low. As long as we remain inside of this market
structure, inside of this higher low and this higher high, this market will remain bullish. This market is bullish
no matter what as long as we are inside of this higher high and this higher low. The simplest way that I can put it is
this is going to be third street and this is going to be first street. Right? We understand that. And this middle
point right here is second street. Right? Very easy, very self-explanatory. As long as we are inside of first street
and as long as we are inside of third street, this market is inside of first street and it's inside of third street.
Right? Pretty self-explanatory. It's almost like obvious, right? Like, duh, Alex, no [ __ ] Like, what are you
talking about? Well, you'll be surprised because some people would say that right now we are on Fifth Street. It's like,
well, brother, how are we on Fifth Street if we haven't even broken through First or broken through third street?
Now, this doesn't make sense. Don't worry, it's all going to start clicking in just a second, right? And I'm not
going to I'm going to try and avoid the analogies too much back and forth so it doesn't confuse you guys, but we will
double down on them later into the video because it's all going to connect perfectly, right? So, we'll put this in
the back burner for now. But all we know is as long as the market is in between this higher high and this higher low, we
are bullish. This right here could create a potential retracement into this area right here. And this is just a
retracement. Now, once we have body candlestick closed above this previous higher high, this has now officially
broken above the higher high, meaning we need to modify our higher high. So, the rules are very simple. Once we body
close above the higher high or the higher low the market has shifted. So once I mean with the body don't worry
for right now we we'll come back to that but once we have closed above the higher high or the higher low the market has
shifted and you need to modify the higher high and the higher low. So once the market has broken above this higher
high, you have now shifted in the market and you need to modify this higher high and this higher low. Cool. So where does
the new higher high go? Where the higher high goes to the highest high point which is going to be right here. And
where does the higher low go? Does the higher low change? Yes, the higher low changes every single time the higher low
changes. So the higher low is going to go to this point right here. Now this is another side note. If we have a new
higher high, we will always have a new higher low. So if this market once again it creates this retracement right here
and it creates this break above. If we have a new higher high, we will always have a new higher low. So if this market
has created this new higher high, it's very obvious we will always have a new higher low. Cool. So the higher low gets
moved to this point right here. Now I like to use to identify the new higher low as just the previous structure
point. And I'm going to get to all that in just a second. But as long as this market continues to be inside of this
higher high and this higher low, this market will remain bullish. Right? So for example, once we broke out to this
area, this over here went to then Fourth Street and this over here was at Second Street, right? Pretty self-explanatory.
We broke above Fourth Street and now we are at Fifth Street, right? So this is fifth street and this over here is going
to then be third street. Right? So we are using one street to get to the other street. So for now let's remove this one
cuz we're already pretty far away from over here and we don't need to be aware of that. So right now we understand that
this is fifth street. This is third street. And as long as we are in between fifth and third street we are in between
fifth and third street. This right here is just Fourth Street right in the middle. Or we're at fifth. Or we're at
third. We're at third and a half. We're at fourth and a half. Fourth and a quarter. But at no points are we ever at
Sixth Street or Second Street. As long as, once again, as long as we are inside of this higher high and inside of this
higher low, we are bullish. Write this down as well. As long as we are inside, we are bullish. Right? Very easy, very
very self-explanatory. Now, once we have body candlestick closed above, what happens? Once we have closed above the
higher high or the higher low, the market has shifted. You need to modify the higher high. Okay, cool. So, this
turns into the new higher high. This will then be Sixth Street. And then where does the higher low go? It goes to
this point right here, which was the last point, which is now Fourth Street. Right? Pretty easy, right? We're just
kind of following the market and we understand as long as we are inside of the higher high and higher low, we are
bullish. If we make a new higher high, we will always have a new higher low. We modify the higher low. Very easy. Now,
what if I told you, you see that? There's an alarm from a market that I'm currently trading right now. And uh
we're going to do this live here right now. We're just going to see how my market is moving. So, I'm actually in
this position here in a major loss right now. So, this is getting super sidetracked here and we'll go back to
the market structure in just a second. But, as I am educating you guys live, I am also trading live and this trade is
into major draw down right now. Not looking good. Not looking good. And this other trade is looking good, but I need
to wait for this next candlestick to close in the next 30 minutes. So, I will wait for that. So, we'll come back to
the SPX500 now. Little distraction there, but it's okay. It's good, right? To show you guys how we're executing
everything live, right? So, back into this area over here, right? Let's just move this a little bit more up. We
understand that as long as we are inside of these structure points, we are going to be bullish. Now, the moment that this
market structure breaks below this higher low, guess what happens? Now, this market is no longer bullish. this
market is now going to be bearish. So we went from creating higher highs and higher lows to now lower highs and lower
lows. So this market went from being bullish to now being bearish. So now that this market has broken below this
higher low structure point, it means that this market is now bearish. So once we break below the higher low structure
point, this market is now bearish. So this goes from actually being bullish once it closes below the higher low we
are now bearish. Now bearish means we are selling and a bearish market is equivalent to lower low
and lower high or also known as LL or LH. Now they're both basically exactly the same. A
higher high is the highest high and a higher low is a low that is higher than the previous low. When a market goes
bearish, we have a lower low. So this right here will turn into the lower low. And then the lower high is going to be
the low. That is the last high, which is going to be this point right here. Now, don't worry if this doesn't click right
away. It's all going to click in just a second. Just give it some time for me to educate you guys into this. Believe me,
what I am teaching you guys right now took me months to understand. And my goal is for you to understand in just
one single video. And I'm going to do that to the best of my ability. How I have been doing this for the last 3
years on educating people. So now that we have a lower low and a lower high, this market is officially bearish. Now
the same exact principle applies right here. Once we have closed above the lower high or the lower low, the market
has shifted and you need to modify this into the lower low and the lower high. If we have a new lower low, we will
always have a new lower high. As long as we are inside of the lower high, the lower low and the lower high, we are
bearish. Once we break below the lower high, the structure point is now bullish. Very easy. Everything is just
changing the letters. So what does it mean? Once we have closed below, so this is going to be below instead of above.
Once we have closed below the lower low, the market has shifted and you need to modify the lower low and the lower high.
If we have a new lower low, we will always have a new lower high. All right, we have a new lower low. It's very
obvious it's the new lowest low. And then where is the lower high? Well, the lower high is going to be the next lower
high. And I'm going to teach you a way on how to identify this market structure point literally seamlessly and it's
going to be absolutely perfect in just 1 second. I just want you guys to be able to understand the difference in between
lower highs and lower lows, higher highs and higher lows. So, as long as we are inside of the lower high and the lower
low, we are bearish. Once we break below once we break above the lower high structure point this market is now
bullish. So for right now as long as we remain inside of this lower high and lower low we're going to be bearish. So
this is now going to be a lower low. This is now going to be a lower high. This market can simply have a smaller
retracement and then we have a new lower low and then this point right here becomes the lower high. Right? The lower
high is always going to get moved every single time we have a new lower low. Now let's say for whatever reason this
market decides to now do this. Well once we break above the lower high structure point this market is now bullish. So
this market right here goes from being bearish to being bullish. So this market is now bullish. So this now gets shifted
into a higher high and then this structure point over here gets shifted into a higher low. And this market once
again it can have its retracement into like going like this. And now we have a new higher high. If we have a new higher
high, we have a new higher low. If we have a retracement, we have a new higher high. And then we have a new higher low.
Right? So this is how the market works. Same exact thing applies if we now do this. If we break this structure point,
guess what? We now have a new lower low. So this market now goes from being bullish to being bearish. So this goes
and turns into the lower high and then this turns into the lower low, right? As long as this market remains inside of
this lower high and lower low, we are now bearish, right? We have a new lower low and we have a new lower high. Very
easy, very self-explanatory. So this way you can see how the market goes from being bullish to then being bearish to
being back to bullish to now being back to bearish. The market is shifting constantly from bullish to now bearish.
But I want to teach you guys on a trick that I like to call the snake trick. And this snake trick is a trick to identify
the last structure point, which is going to equal the higher low or lower high. Alex, what
are you talking about, dude? You're talking Chinese to me. I just met you right now. I'm already 2 3 hours into
this video and I still don't understand anything. Don't worry, trust me. This is all going to start slowly making sense.
Right? So, we have something that is called the snake trick which is going to help you identify the last structure
point which is equivalent to the higher low or the lower high. What does that even mean? Very easy. Let's say this
market is bearish, right? And we have this retracement to this point, right? This is this right here considered a
lower high? No. We can only have a lower high or a lower low once we have a new higher high or lower low. So at this
point right here, this market we have yet to create a new lower low. So we have not created a new lower low in this
market. So we can only have a new lower high once we have created a new lower low. So this market right here, this is
the lower high. This is the lower low. What is this point right here that is being created into the market? What is
this elbow? What is this stop sign? What is this red light? This turning point. What is this right here? This is
literally just curb in the road. This is literally just a market structure point. This is literally nothing. three yet.
This is just another point in the market, but it's not anything significant because it has not broken
above the lower high or below the lower low. So, we can only have a lower high or lower low once we have broken above
the higher high. And all right, lower high or higher low. Once we have broken above the higher high or lower low.
Don't worry, it's all going to start clicking right now. Let's say this market actually ends up indeed breaking
below. All right, cool. this market actually indeed breaks below. Guess what? Now we have a new lower low. So
once we break the new lower low, if we have a new lower low, we will always have a new lower high. So if this
becomes the new lower low, we always have a new lower high. So how do you identify this lower high? Well, you
identify this lower high with the snake trick. The snake trick is to be able to identify the last structure point, which
is either the higher low if bullish or the lower high if bearish. So, we're going to get the head of the snake right
here. And once we get this head of the snake, we're going to start moving backwards. And this snake moving
backwards is going to leave a trail, right? So, we start catching the snake. I don't know if you guys know, but
snakes pretty much just kind of move like this, right? Snakes don't really move like this if they're going to
actually be moving somewhere. they actually just move straight. They try and move very seamless. And if they
actually need to turn, then they will turn because there was something in their way or something was in the middle
that they had to now go this way. So let's say a snake is trying to go from this point to this point over here. If
there is a log in the middle or if there's an object in the middle, the snake will simply just go around it and
then continue going. But this snake is leaving a trail that obviously he had to go around something in order to get to
the destination where he was looking to go. The snake is leaving a trail of his footprint almost. It's like his trail of
him leaving the leaves squashed down or whatever trails snakes leave. So a snake in this market structure right here
which is the snake trick is you're following the trail of the market and as soon as the snake has to turn that is
going to be the lower high. Wherever the snake or the body turns that shows that there was something there there was
something in the way and that the market had to go ahead and then turn. So the first turn of where the snake actually
turns that becomes the previous structure point that becomes the lower high. So this is a trick for you to
identify the previous structure point. If you cannot properly understand how to place the lower high or the higher low,
we're going to use something that is called the snake trick. So once again, right now we are bearish. This is the
lower high. This is the lower low. Let's say that this market breaks above. Let's say this becomes now bullish, right?
This is now broken above the lower high. Now that we've broken above the lower high, this becomes the new higher high.
So this higher high once you have a new higher high you mandatorily need to have a new higher low. So if we have a new
higher high we will always have a new higher low. You guys should have this written down somewhere. So if we have a
new higher high where is the higher low? Well I get my trusty snake trick and what I do is I create the head of the
snake. And on the head of the snake I just start following the market back. And as soon as the market then turns,
that right there shows me that the snake turned. There was something in the way. Now this becomes the higher low. Very
easy, very, very self-explanatory, right? So this now becomes the higher low. So we can only have a higher low
once we have a new higher high. So let's say, for example, this market does this retracement right here and then we have
this push to the upside. Once if we have a new higher high, we will always have a new higher low. Cool. The higher high is
always easy to put. But where is the higher low? Is it at this point or is it at this point? I don't know. Let's bring
out our trusty snake trick. And our trusty snake trick as soon as it first turns and it creates the first point.
Boom. That right there is going to be the perfect higher low. And it's the exact area where the market turned. So
now this is going to be the higher low, right? Pretty easy, pretty self-explanatory. Now let's say that
this market does this right here. What is this right here in the market? This right here in the market is technically
nothing. This is just simply a structure point. This has not broken above or below the higher low. So this is just
structure. This is just market doing its thing. This is just a stock. This is just a little curb in the road. This is
really nothing. Okay. What about this? That right there is nothing. The market has not body candlestick close. And I'll
get into the candlesticks in just a second. But the bodies or the the move the price has not closed below the
higher low or above the higher high. Meaning this market right now at this point is still nothing cuz we have not
broken above this line right here or above this line right here. Cool. Cool. Cool. What about that right there?
Nothing. We have not body candlestick below this line. We have not body candlestick closed above this line. What
about now? Okay, we have now officially broken below the higher low. So if we break below the higher low, this market
will then turn bearish. So price will go to the lowest low. Now if we have a new lower low, we will always have a new
lower high. We can only have a lower high if we have a new lower low. So how do we identify that lower high or lower
low? Well, we're going to use our trusty snake trick to be able to identify our previous structure point. So, if this
right here is the new lower low, we're going to get the head of the snake, start working our way backwards, and as
soon as the market has had a turning point, boom, this turns into the lower high. The lower high is the last
structure point where the market had a turning point from. So, this right here is going to turn to the lower high. Now
once again, as long as we are inside of this lower high and lower low, we are going to remain bearish. And I'm going
to repeat myself a lot cuz what is required here for you to understand this market and for you to understand this
new language is just repetition, repetition, and repetition. This going to have a major move like this. Cool.
We've broken below the lower low. So this is now the new lower low. Where is the lower high? I don't know, but I do
have my trusty snake trick. So I'm going to get the head of the snake. We start working our way backwards. Start working
our way backwards and turn. Now this right here becomes the lower high. Understanding that that is now the lower
high. The market could remain inside of this lower high and this lower low. And we're going to remain bearish. This
market can literally do all the structure point that it wants. As long as we are inside of this lower high and
lower low, we are bearish. Right? Pretty simple, pretty self-explanatory. Now let's say this market does this. Oh
[ __ ] Now what? No problem. No big deal. The market has now broken above the lower high. So guess what? We are now
bullish. This becomes the higher high. And where is the higher low? Because if we have a new higher high, we will
always have a new higher low. Okay. So if we have a new higher high, where is the higher low? I don't know. Let's
bring out our trusty snake trick. It's the head of the snake. We start just working our way back, working our way
back and turning point. This right here is the higher low. So, our snake trick helps us identify where that higher low
and where that lower high is going to be placed into the market. So, we have a clear understanding of where the market
is at this point right now. Now, we use the line chart that we're using right now to be able to very clearly identify
this structure point. So, right here, we are using the line chart to tell if something is bullish or bear. So we know
that this is the higher low and that this is the higher high. As long as we remain inside of this right here, we are
bullish. If we break above once again, this becomes the higher high. This becomes the higher low. And from this
point right here, we break below. This becomes the lower low. And then this becomes a lower high. Right? Pretty
self-explanatory. Just repeating the same thing in many different types of examples. Right? Cool. Now let's come
back to this example right here. Right? Is this market bullish or is this market bearish? Right? Let's find out if you
were right about this trade and if you were right, if you're right about the correct point, right? Because if you
have I'm going to write this down as another note. If you identify once you identify the market being bullish or
bearish, you need to place the higher low, higher high, lower low. My computer gets a little bit slow. You need to
place the higher high, higher low, lower low and lower high. Want to identify the market being bullish or bearish. You
could only identify that by being bullish or bearish by placing the higher high point and the higher low point. If
not, the market cannot be bullish or bearish. So for examples purposes, let's begin from over here. Right? This market
at this point when we are identifying this market, let's make this all the way to the left. This is the higher high and
then this over here is the higher low. Right? Do you guys agree this is the higher high in this market and that this
is the higher low. Right? Very easy, very self-explanatory. As long as we are inside of this higher high and higher
low, we are bullish. Right? So, we start moving a little bit more to the right and boom, we now body candlestick close
below or we just candlestick close below. This turns into the lower low. Now, if we have a new lower low, we must
have a new lower high. So, where's the lower high? I don't know. Let's bring out the trusty snake trick. This is the
head of the snake. We start working our way backwards. Boom. We turn it. That right there is our lower high. Pretty
easy, pretty self-explanatory. Cool. We keep working our way down. This structure point right here, does that
make us bullish or bearish? This point right here, 1 second. At the time of us looking at this market like this, is
that still bullish or bearish? Bearish. Technically, this market is still bearish. This is still the lower high.
This is still the lower low. We are yet to break above or below this line, making this market still bearish. Cool.
All right. What about now? We have officially body candlestick closed below this lower high. I mean, excuse me, this
lower low. So, this becomes the new lower low. Where is the new lower high? I don't know. bring out our trusty snake
trick. Start working our way backwards. This is the first turning point. Boom. That right there is going to be the
actual lower high. Beautiful. We now modify our lower high to that structure point right there. As long as we remain
in between this lower high and lower low, we are going to be bearish. Cool. This structure point right there, is
that a new higher high? Is that a new higher low? No. That is absolutely nothing. We have not. This is just
another structure point. This has not broken above or below the lower high and lower low. It's nothing. What about
this? Is this a new higher high? Is this a new higher low? No, we have not body candlestick closed above or below the
lower high and lower low. This market is still bearish, right? So, let's keep this going. Keep this going like this.
What about that? We got very close. That means we have to be bullish, right? Like we have to be bullish because it got
that close to the actual lower high. Like it's it's got to be bullish. No. If we have not body candlestick closed
above, if we have not structured closed above or below, we are still bearish. What about now? That's like three
touches. It has to be it's almost there. Like come on. Like just count it. [ __ ] it. [ __ ] it. No. If we have not body
closed above or below, we are not shifting structure. Very simple. What about here? Exact same thing. We have
absolutely nothing. This market structure is currently still below this right here. So, we are still bearish. We
keep it going. And guess what? If you called this market bullish, you were wrong. And if you called this market
bearish, you were probably also wrong because you did not know from where this market structure was bearish. And this
is the problem with 99% of traders. They cannot identify if something is properly bullish or bearish depending on the
market structure. They just simply don't know how to read market structure. That is a simple fact. they are uneducated or
they just don't care to get educated and they don't know how to read market structure. It is very simple. You can
see a market that is trending like this, right? For example, and then you would probably think that this market is
bullish, right? Let's say right now, take take a pause. Bullish or bearish. Go ahead. Okay, it's bullish. Where's
the higher high and where's the higher low? A rookie trader or somebody that thinks that they know how to trade like,
"Yeah, that's the highest high and and then yeah, this is the higher low over here." Buddy, you realize how many times
this market has like you do you see how many other structure points? It's like saying it's like if you're calling this
right here sixth street and you're calling this right here fifth street. Are you seeing how many times in between
here? We have gone through so many different streets in order to get to this right here. This is not even sixth
street. This is like 10th street. People are just confusing it because they don't know how to read market structure
correctly. People are just confusing the roads because they don't know how to read the signs. They don't know their
streets. It's why people use GPS's everywhere they go because they don't know the roads. This right here, people
don't know how to read market structure, but there's no GPS's to read market structure. So, they get these [ __ ]
indicators for them to actually read market structure thinking that that's the hack or the way to do it. This
market right here, what if I told you is actually bearish. And it's bearish based off of something extremely obvious,
right? So, we'll just do it one more time, right? We have this right here. B for example, this is the higher high.
This is the higher low. As long as we remain inside of these two structure points, we are bullish. Boom. We have
body candlestick closed above. This turnins into the higher high. We get our trusty snake trick. Start working our
way back. This is the turning point. This is the higher low. Let's continue going in this markets. We are still
bullish because this market is yet to break above or below this structure point. So, this right here is absolutely
nothing. We are still very much bullish. Okay, we continue to go. What about this point right here? Same exact thing. This
is still between the higher high and between the higher low. So, we are still bullish. What about now? Still bullish.
This is still the higher high. This is still the higher low. We have not body candlestick closed above or below. What
about now? We body candlestick closed above. Cool. That becomes now the higher high. Where is the higher low? I don't
know. All I know is if I bring out my trusty snake trick, I start working my my way backwards. The first turning
point that is now going to be the higher low. That right there is going to now be moved to my higher low. So this will be
my higher low at this point right here. We keep moving to the right and then we have boom a little bit of a break above.
This is officially broken above the higher high. That's the new higher high. Where's the higher low? I don't know.
This is the head of the snake. We then turn then this is officially going to be the higher low structure point in this
market. We turn this into the higher low and if we continue going to this market we body candlestick or structure point
close below that small break right there counts. Yes indeed this turns into the lower low. Where is the lower high? I
don't know. I get the head of the snake. I then start working my way backwards. First turn that is going to be the lower
high point at this point. right here. So now this market is bearish because that is the lower high and that is the lower
low. This right here has not body candlestick closed above this point. So now we are still technically bearish.
That right there is what 99% of traders cannot do correctly. And I wish I could just educate people on just that. I
don't want to teach everybody my strategy. I don't want everybody to have my strategy. I really don't. I could
give a [ __ ] I just want people to learn how to read the market. I feel as if people were just to be able to
understand if the market is bullish or bearish in the first hand, then they would be able to actually be able to
make a logical trade decision because right here, let's say you don't know how to identify if this market is bullish or
bearish. You would see this market heading up. You're like, "Yep, buy." You're actually buying at the worst
point because this market has just shifted bearish. This is having the retracements to then literally create
the perfect lower low leg to the downside. This has hit the top of a trend. We've had a reversal pattern
right here. This is the left head, right shoulder of this market. It's creating the perfect reversal pattern, retesting
the neckline, and then we're selling. But you can't even tell the difference in between if it's bullish or bearish.
And that's why you're losing. You're not losing because you don't have a strategy. You're just losing because you
don't know how to read the market. Not knowing how to read the market. Not having a strategy is already bad. But
not knowing how to read the market and not having a strategy. It's just a combination for the worst possible
outcome ever. That's what I want to educate people on first. It's like learn how to read the market. And then you can
think about how you can actually execute a strategy. Learn on how to read the streets. Learn how to read the stop
sign, the red lights, the green lights, the turning signals, the highways. Then you can think about speeding and getting
to places fast. But you can't speed and drift and and and and haul ass to places if you don't know where you're going and
you don't know the roads. You cannot ident you can't buy or sell a market if you don't know the difference between if
it's going up or if it's going down. This right here is going to be the core foundation of everything else that I
want to teach you. So I really really really really want to break this down to the tea and
get you guys to understand everything to perfection because once you understand this you get everything else right. So,
what I've just taught you right now is how to identify if something is bullish or if something is bearish based off of
the line chart. Right now, let's say right now I'm going to grab this market right here. Right? So, for example,
we're going to go to the most recent price. Right? This is S&P 500 right now in the live market. Right? So, we're
going to switch from the candlestick chart to then the line chart. Now, if you were to go ahead and tell me if this
market right here is bullish or is this market bearish, it would almost be extremely obvious, right? Because based
off of everything that I have pretty much just showed you, you would be able to identify that this market is
obviously bullish, right? You can tell that this market right here, this is going to be the highest high and that
the higher low is going to be at this point right here. Right? You can tell that this market is bullish. You can
tell that this market, if we were looking at it from over here, for example, you can tell that this was the
higher high. This was the higher low. If we body candlestick closed above this line right here, this becomes the higher
high. Where is the higher low? You get the head of the snake. And then this head of the snake, you start working it
backwards. And then at the turning point, that is going to be the higher low. All right, very easy. I've taught
you all this up to this point. Right? Now you know that this is going to be the higher low from this point right
here. Cool. You know if we body candlestick close below it, we'll go bearish. So this then becomes the lower
low and then this right here becomes then the lower high. You know if we body candlestick above this, we then go
bullish. Oh, that right there did not body can well we'd have to go check if the bodies did and I'll explain that in
just a second. But based off of the market structure, guess what? We did not break above that point. So we still
remained bearish. We continue to go and then now we have officially broken above this structure point over here. So this
became the higher high and then where was the higher low? I don't know. I get my trusty snake trick, start working my
way down and boom, this is a significant point where the market actually reversed. So then this right here is
actually going to become the higher low. We break above and then we have higher high and higher low. Very clean, very
obvious, very straight to the point. This right here is a very very very obvious market determining whether it's
bullish or if this market is bearish. Wow. I have just hit stop loss on my trade. I just uh I'm looking at it here
right now live. Great. I just hit stop loss. Let me make sure. One second. Uh yep. I just hit stop loss. I lost right
now $153,000. Could have definitely been worse. Could have definitely been worse. I just took
a trade that simply made absolutely no sense. And this trade right here that I was saying I was going to wait for the
candlestick to close. Guess what happened? That's what happened. So, you guys have seen this happen in real time.
The market moves very fast and you know, I'm focused on educating you guys right now. It is what it is. I missed out on
this trade, but just perfect example of the market moving to perfection right here. So, this right here, hit my stop
loss. I took this trade against the trend. And then I'll explain all this to you guys later. This trade, I would have
taken this loss. And this trade, I missed out on this win. It is what it is. It is part of the game. But for
example, if we were to go ahead and go to a different market, for example, let's say we were And by by the way, ju
just to show you guys, I'm not lying. So GBPC uh USDCHF, this market right here, let me go back over here. I literally
just took this loss right now. took this loss right now for $153,000. So you guys can see it right there for
yourselves. $153,000. Now, I should have not taken the trade in the first place. It was a very
high-risisk trade. But, you know, I personally accepted it and I even recorded me taking that trade live and
I'll put the channel my other channel probably somewhere in the link below where I break these trades down live and
why I'm interested in taking it, so on and so forth. But yeah, this just happens to be a very degenerate trade,
right? So, for example, let's say we're looking at this market right here and we're looking at it based off of the
line chart. The exact same trade that I have taken. What can you tell based off of this market right here? Well, you can
obviously tell that this market is bearish, right? This market at one point, this was the lower high over
here. This market was this was the lower low. We broke below. So, this makes this the new lower low. And then if we were
to do our trusty snake trick, this would be the head of our snake. And if we start working our way backwards, this
would be the first turning point right here. This would be the lower high. So this market would have gone from bearish
to then bearish, right? This would be the new lower low. This would then be the new lower high at this structure
point, right? So we can tell that this would be bearish on this time frame. If we go down to the 4our, on the 4 hour,
we can tell pretty much the same thing that this is the lower low. And if we start doing the little trusty move for
me personally, if I were to be a snake, this right here is just another little bump on the road. This is just a little
bump in the road. But this right here is a very significant turn. There was probably something very sharp, very
important there. So I would put the lower high at that structure point right there. You always want to place your
lower high and your lower low at the points where there's a significant move just like this one. something that is
very obvious that the market had a reaction from from like this from this to this to this to this to this. These
smaller points right here aren't really as significant as structure points for me. Neither are these very small ones.
It needs to be a very sharp clean turning point. That is what's going to be considered a valid structure point.
Now we for now we're going to be using the line chart to identify these very sharp structure points. But we are going
to be moving to the candlesticks soon. Now moving on to the next subject which is the actual candlestick trading. It is
actually very easy right because a lot of traders sometimes they get confused and what they end up doing is that they
pretty much come here into the market and they'll be confused if this is a higher low if this is a higher high this
is a higher low if this is a higher high. And what if I told you that it's just extremely easy for you to be able
to identify if something is bullish or bearish. just go to the line chart back into exactly what I was just educating
you guys on and just do the exact same thing that I was showing you right now to this point. Let's say we start
breaking it down from this point right here for example, right? We're going to use the bar replay and we're going to go
back this market right here. Why would you get lost in identifying if all this over here is bullish or bearish when you
can really just work from this structure point right here? You can tell that this structure point right here is obviously
the highest high in this market. So, we're going to count this as what it is, the highest high. Now, if we were get to
get the head of our snake trick and we start working our way down, working our way down. Boom. This market has indeed
reversed from this point. Right now, this is the first turn. So, then this will turn into the higher high and then
this will turn into the higher low. Now, this market turning into the higher low confirms that as long as we are inside
of this higher high and higher low, this market will remain bullish. Pretty easy, pretty self-explanatory. All we have to
do now is go back to the candlestick chart. And would you look at that? We have our higher low placed perfectly at
our higher low and placed perfectly at this higher high. All we really have to do here is just adjust it slightly and
put it to the bodies of the candlesticks. When it comes to identifying market structure on the
actual candlestick chart, it really is no different than the line chart. You just want to make sure that you are
doing it based off of the bodies of the candlesticks. Do not take the wicks into account. Remember, the wicks are the
trail of where the market has been, but it's not the actual structure of where the market has been. You want to make
sure you are going based off of structure. So, a little bit of a of a hack if you would in order for you to
have a bit more clarity on this if it's your first time identifying market structure. It's better if you do it with
the actual candlesticks and not the wicks. So, double click on the charts and once you double click on the charts,
go to style. Make sure you have all of these un unchecked. And then make sure you go to the no gap candlesticks. Go to
the settings of the no gap candlesticks. And then on the wicks, just put them to the color of your background. and my
background is white. And if you notice, if I were to do that, I no longer have wicks. I'm only looking at the market
structure for what it is, the market structure. I'm looking for it based off of every single elbow point. So, if I'm
basing the structure, it's very easy for me to play structure structure throughout all of here. It's very easy
for me to identify this structure exactly how the line chart would do it. So, I want to first practice on the line
chart. So, first I can identify all of these structure points here as clear as I can. And then after I identify all
these structure points, I then want to be able to just go ahead and do it on the candlestick chart for my own without
actually using the line chart. So here for example, we have this as the higher high. We have this as the higher low. As
long as we are in between, we are still bullish. Now what has happened here? We have now body candlestick closed above.
That is now the confirmed higher high. Where is the confirmed higher low? I don't know. We place the head of the
snake. We start coming backwards and boom, we turn. That right there is indeed going to be the higher low. We
just get the higher low. We move it up. And as of right now, that's the higher high. The higher high can obviously
move. So this higher high, if it continue to move a little bit more up, then that's the higher high. What gives
us the indication that that high push is done is once we actually start to have some type of retracement, a candlestick
like this that starts to have a pullback. That pullback is what creates that elbow. It's what creates that
structure point, which creates that stop sign, that turning point. This candlestick is what leads us to
understand that this push has somewhat stopped and now this can potentially start coming back into a pullback.
whether it's going to continue going to the upside or go bearish. But this candlestick confirms that that body
structure right there is indeed the higher high. And obviously a continuation push after that would just
confirm that. So as of right now, we know that this is the higher low to this structure point. And we know that this
is the higher high. This market is very much bullish. If we go back out to the line chart for just some verification,
we can tell that this is the higher low and that's the higher high. very clean, very obvious. There's no if ends or
buts, right? As long as we are above this higher low, we are bullish. Now, let's say something like that would
happen. Something like that is now confirming that we have body candlestick closed below the higher low and now we
are bearish. So, as soon as this singular candlestick right here, body candlestick closed below this structure
point, we are bearish. So, I know I I kind of sneaked it in there and I said it a lot throughout the whole entire
part of us speaking about market structure, but this market could have been creating a wick. This market could
have wicked into this side. And let's say for example, right now we are on the 4hour time frame, right? It's the 4hour
time frame. There's still 2 hours left in this candlestick. And this candlestick has is below this higher
low, right? It hasn't closed below. It is below this higher low. And there's still two hours left for this
candlestick to close. Is that a bearish confirmation? No. Because that candlestick has not closed. In those two
hours, for all we know, this candlestick can come back up and then close above this higher low and it was just creating
a wick and then this continues to have the push to the upside. You only take the trade or excuse me, you only confirm
that this market is bearish once we have body candlestick closed below after let's say we are here for 2 hours left
to the candlestick and then the remaining 2 hours it just consolidates here and it closes below. Now we have a
confirmed shift of structure. This market is no longer bullish. It is only confirmed shifting structure once this
candlestick has closed below. So then this would turn into the lower low. And then let's go backwards. Let's pretend
we don't know where the lower high is. This is the height of the snake. Start working our way backwards. This is the
turn. Boom. That right there is the lower high. So we know that this is the lower high. And we know that that down
there is the lower low. Now, this lower low can continue go down into who knows when. We don't know until that lower low
is going to stop. But we know that lower low will stop once we start to have a retracement. When we start to have some
type of a pullback, that is our first indication that now we are stopping. Right? So, this move has stopped and now
we can potentially create a new lower high to then create a new lower low. But as of right now, this is not the
confirmed lower low. This is just the current low low. Like this is the lowest point in this move. We only get a
confirmation and you guys should be writing all of this down and you guys can go back if needed. But you only get
a confirmation once the candlestick has actually closed. And as of right now, this candlestick has closed, but it
hasn't stopped. So you only get the confirmation once this candlestick has stopped. And as of right now, for all we
know, this next candlestick can keep going down or it could stop and start to have a retracement. So let's see what
happens. So the next candlestick that we get from this market is going to be a reversal. Okay, cool. So this
candlestick having this retracement to the upside let us know that this candlestick has officially stopped here.
So now we know that this is the confirmed lower high and that this is the confirmed lower low. The next
candlestick can pretty much do something like this. And then guess what? This will now be the new lower low. And then
this will now be the new lower high. And you can see this very clearly in the market structure area. Market structure
area. If you guys were to see it, you can tell that this is the lower high. This is the lower low. And this is now
potentially having a reversal to continue going down. We know that as long as we are inside of this lower high
and this lower low, we are bearish. And by the way, I just switched over to this camera because my other camera just ran
out of battery, right? But let's continue to go with this example. Right? So now we know that this is the lower
high. We know that this is the confirmed lower low and that this market is indeed bearish as long as we remain inside of
this lower high and this lower low. We are then bearish. Cool. So right now this market can do exactly right could
do exactly what it's doing right now. Has this closed below? No. So that is not indeed the bearish move. As you can
tell took me way too long to pause it. But as you can tell this candlestick indeed did break below that structure
point. So then that will go as the lower low. And if we were to then go ahead and do our trusty snake trick, this is the
head of the snake. This is where the snake has to then turn. That will then be the lower high right then at that
structure point. Then, as you can tell, we body candlestick close below once again. This turns into becoming the
lower low. And then if we were to do the trusty snake trick, this becomes the lower high once again. And then we body
candlestick close above this right here becomes the higher high. And then if we were to do our trusty snake trick head,
the market turns, then that right there will turn into the actual higher low. Now all that right there shifted from
bearish to bullish to bearish to bullish in just 12 hours cuz we are currently on the 4hour time frame. Now you guys can
see if we were to go to the line chart for example, you can see how this created lower high, lower low, lower
high, lower low, and then we shifted bullish. So right now that this market has shifted bullish, we can simply wait
for a retracement to then buy. But we don't know if this move has stopped. We don't know if this is the ultimate
higher high or not. So let's see what this market brings. So right now it's showing some type of a retracement. So
this is the confirmed higher high. And now right here we're having a retracement. And this can be the perfect
higher low to then create a new higher high. So this market is yet to break above this higher high. And into that
candlestick is not closed. It is not a confirmed closure above the higher high. If you notice that minor candlestick
closing above the higher high, guess what gave it that confirmation push to the upside. Now, that is the confirmed
higher high. Now, where is the higher low? Is the higher low at this point right here? Or is it at this point right
here? Now, just for examples purposes, since you guys watching this are beginners, the easiest way to do this is
just go to the line chart and then check where is the structure point. If this is the head of the snake, start working our
way back. This is the reversal point. That right there is going to be the higher low point. So very clean for you
to identify that reversal point and you'll be able to tell where the higher low is. So all you have to do is come
place that as your higher low and that is your higher high and that is it. Now you understand that this market is now
bullish. Uh this market is bullish. You can identify this as the higher high and let's see if we can predict when it can
potentially stop. So for right now there you go. It's showing some sign of a pullback. So this is so far the
confirmed higher high because if this next candlestick has a push to the upside then that would then be the new
higher high and then new higher low. So for right now this market just seems to be consolidating just a little bit.
Shortly after that this market after having this retracement did exactly as I just said had this retracement then it
comes to the upside. It breaks above this is the higher high. This becomes the higher low and after this becomes
the higher low we just start chasing or continue pushing with price. And this was the higher high but then no
pullback. Now as of right now this right now where this market is at this very moment is the ultimate and the newest
highest high. And this candlestick at this very moment has 1 hour and 22 minutes before closing. So as you can
tell I'm literally placing it right at the live price right now. So this market is currently bullish. That is the
highest high. That is the higher low. So if I were just to bring back the the wicks really fast, we can see more or
less where the trail of the market has been. And as you can tell, this market has been all the way up to this point
over here. This was the highest high at one point. This whole entire candlestick was full like this at one point, making
that the higher high. But right now, we cannot confirm this higher high and where it is until this candlestick does
not close in the next hour and 20 minutes. This next hour and 20 minutes is going to be used to identify where
this higher high officially closes. So right now we're kind of just moving this up and down until the market finishes
closing it. Once that market finish closing it, we could identify to that point and the market can either do two
things. Start to have a retracement or continue pushing to the upside. And if it continues pushing to the upside, all
we have to do is just keep moving that higher high with it. Very similar to how it did with this candlestick because
once upon a time, this was the higher high at this point right here. And then after that higher high, the next
candlestick after that just simply closed as a another bullish candle. And if it closes another bullish candle, you
just move the higher high to that point. So on and so forth to the point where we are now. So right now this market is
bullish. That is the higher high. And then this is the higher low. Now this is the simplest way to identify market
structure. You can literally identify this on any market. And a lot of people make the mistake on not properly
identifying structure correctly and they just simply don't know how to do it. For example, we can go to USDCHF and this
market right here on USDCHF is pretty much very clear to the point where you don't even have to go to the actual line
chart. You can tell that the lowest point that this market has ever been is this market right here. But if this
market you would call it bullish, just say yes. or if you would call it bearish, just say no. What would you
call this marker right here? Bullish or bearish? I'll let you take a second and decide. Go ahead and pause for the
video. Okay. So, you probably either made a mistake or almost made a mistake on this market. This market, arguably
speaking, depending on who you are talking to, would technically be bullish as of right now. You might be asking,
Alex, how this market is clearly going to the downside. This is clearly all the way at the lowest point it's ever been.
It has to be bearish. No, not necessarily. This right here is technically could be considered the
lower high. And then this right here could technically be the lower low at this point over here. So, this market is
technically bearish, yes, but it's not bearish because of the lowest point that it's ever been. It's bearish because of
this lower high and this lower low. Now, if I were to look at this quickly on the line chart, you can see how this would
actually be the lower high structure point. And then this would be the lower low structure point. At no point would I
possibly call that an actual structure point cuz the snake, if we were to just do the snake trick once again, the snake
would just simply pass right on by there. No big deal. And then over here, it would actually run into some more
structure points. So this market is actually bearish because of that lower high and that lower low not because of
the current price that is happening right now. Now if this market indeed does close where it is now in the next 5
hours and 17 minutes then yes then this would become the new lower low and then we just simply go back to the line chart
and then we would be able to identify that the lower high would then be at this structure point right here. very
clean, very easy, very straight. But a lot of traders make the mistake that they overlook a lot of market structure
and they only focus on one thing and they're just looking at this right here, right? Some traders, they get way too
zoomed into the market and they go analyze or do a full top down analysis. They're just looking at the market like
this. They're looking at the market for this move right here and they're looking at the market for just this move right
here. So guys, you got to understand, you need to take a step back. You need to look at the market for what's going
on. Now, some other traders make some very big mistakes also, and they do this when they go analyze the market. They're
like, "Yep, this market is uh bearish. Yep. You see how how it's been going down for like the last 5 years." It's
like, "Yeah, but you need you need to understand like where the market is right now. The market is all the way
down here." Like, why are you looking at price all the way up here when it was here in 2022? It's like that's 3 years
ago. Like, we are very far away from that. We want to trade the market today. So, we want to make sure we can zoom in
an a healthy amount to where we are right now to where we can actually center the charts right in the middle. I
don't know why, but I've seen whenever I get on calls with my students and I review the trades, like I literally see
that they're analyzing the markets like this and they're like far away from the screen. I'm like, dude, are you scared
of the market? Like, what's going on? And or they look at the market like this or they look at it like this, just like
barely looking. It's like, bro, you need to get the market. You need to control it and put it in the middle. You need to
focus on what's going on right in front of you. Because if you can't see what you're trading, how are you actually
going to trade? Like, you literally need to be looking at it. And if you're having the market like this, too skinny
or way too flat, how are you going to be able to identify if you're ready to buy or sell? You need to be able to actually
look at the market for what's going on and centering it right in front of you. And that also goes hand inand when
placing these structure points correctly. A lot of people will just overlook these things and they won't
realize that this market is actually bearish. And I cannot count how many times I have seen a market like this one
where 5 hours will still be in this candlestick closure and in those 5 hours this market will then do this and close
as a bullish candle and then everybody counted it bearish wrongfully. Yes, you are right that it's bearish but you're
wrong from where it is bearish and then from wherever you're wrong from it's bearish that's going to determine where
you're going to be interested in selling or buying. And that is crucial to actually having the perfect entry for
your trade, which we're going to getting we're going to be getting to all of that later into this video. I just want you
guys to have a very clear understanding that there is so many different potential examples and and scenarios
that could be happening on these markets, right? For example, let's say we go to GBPCHF, right? GBPCHF for
example, if we were to be looking at it on this time frame, because again, remember every single time frame, the
market structure is going to be different. The market structure on the 4 hour will not be same as the daily and
the daily will not be same as the weekly. Every single market structure is going to be different. Would you call
this market right here bullish or bearish? Go ahead, take a second, pause the video, test yourself. Okay, perfect.
This market structure very, very easily. We go and hop over to the line chart. And the line chart, you're going to be
able to identify that this market structure point right over here is the lower high. And that this market
structure point over here is the lower low. Lower high, lower low. As you can tell, this market is yet to break above
or below that lower high or lower low even up to this point right here. And this, keep in mind, we are on the weekly
time frame, meaning every single one of these candlesticks is a whole entire week. We have literally like for us to
make one of these candlesticks, it takes five trading days, which is a very long time. So the weekly time frame, for
example, is bearish. So this would be the weekly lower high and this would be the weekly lower low. Pretty easy,
pretty self-explanatory. Let's go look at the daily for example, the daily time frame. We take a step back as well and
we can see everything that's going on. We can see our weekly lower high and lower low. But on the daily time frame,
if we were to identify this for the daily structure, you can see how the daily actually goes lower low, lower
high, lower low, and then we end up shifting bullish. So now we we know that we can look for more recent price action
to determine if something is bullish or bearish. We don't really have to look at the weekly structure point because we
know that the weekly structure point is the weekly structure point and within that weekly structure point the daily
time frame went bearish and had an additional structure point and then we went bullish. So for the daily, I would
zoom into pretty much a price action like this. And then within within this price action, I can very clearly
identify that this market was at one point creating very clean lower high, lower low. We pretty much broke through
all this over here. Then at this point down over here, we created a lower low and then this was the lower high. Right?
So I'm talking about this example right here. This lower high, this lower low. Obviously this market then then we broke
above this structure point right there. So at this point we are very very much bearish. We broke above that structure
point making it now bullish. So we look at it on the candlestick time frames. We can see how it is bullish. We can pretty
much see how that time frame stopped. And if you notice look how precise it is when I'm telling you guys that it is
based off of the body candlestick closing below the line. If you notice this broke above this structure point
right here. it breaking above this structure point made it bullish. So now this turns into the higher high making
this the higher high then turns this into the higher low because if we do our trusty snake trick this is the point
where the market has a turn and if for whatever reason you can't see it that clean. It's totally fine because you can
go back out to the line chart and on the line chart you can see that that's the higher high that's the higher low and
then we want to make sure that we can squeeze price to the bodies of the candlesticks. And if you notice, guess
what happens? Price comes all the way back down to this higher low because again, this is very, this is bullish as
long as we don't break below this line. And then price never body candlestick closes below that higher low. And then
guess what happens? We then have a massive push to the upside. Look how precise placing these higher highs and
higher lows is and the importance of it. You want to make sure that you can place this at an area that it is very clear
and very obvious. Once again, you could go back out to the line chart and you can verify higher low, higher high. We
have now body candlestick obviously above this area. So, we can go out to the daily time frame and place it on the
body. This right here is a very clean higher high. Now, I would argue that I would not count this as a higher low.
This right here is something that I can see the head of the snake just simply kind of just going right pass by. I see
this as a much more sign significant turning point than that one. And the best way for me to confirm it is if I go
out to the actual candlestick chart, which is what we're going to be trading. And I don't see any possible
candlesticks creating an elbow. It's not something clean like it's not something for example like this that it actually
creates a structure point. Here it creates a structure point. Like there's something here. It just looks like it's
one whole move to the upside. So, not only does the actual line chart structure not look clear, but when I go
out to the candlestick chart, I also confirm that it's not clear. So, for me, I would then make the higher low, this
structure point right here, making this the higher high and making this the higher low. Now, keep in mind, this is
not the confirmed higher high from this market because this market could simply continue going to the upside. We don't
know. But as of right now, that is the higher high and this is the higher low. So, let's see what happens next. My
point exactly. So, now this is the new higher high. And if you notice, there's no difference in the higher low
structure point on this time frame. There's just still a whole entire move to the upside. The move just keeps going
up. And now looks like we are stopping. So this looks like we are at the confirmed higher high. Now having this
confirmed higher high is so important because you're going to be able to actually be ready to either enter a
trade or set up the perfect trade to enter. I'm telling you, as soon as you understand this market structure, you
understand everything. I'm going to be able to teach you how to actually use the inverted head and shoulders, the
head and shoulders, entry time frame confirmation, shift of structure. I'm just going to teach you how to do
everything. Once you understand this, this is like me teaching you the ABCs to a language. As soon as you get the ABCs,
you can basically put it all together and then you're going to actually be able to go ahead and speak on it. But
first, you need to learn the alphabet. So this right here, as you can tell, the market has actually shown a sign of
stopping. And this market looks like it's ready to start having some type of retracement before continue going to the
upside. So that's what I thought. But then guess what? The market just simply created another higher low and kept
going to the upside. It doesn't look clean on the actual candlestick chart. You can just use the line chart to be
able to identify. We have body candlestick closed above. Let's make sure of that first before anything. And
yes, we did body candlestick close above this higher high. So now this is the new higher high. I go back out to the line
chart. And on the line chart, this now turns into the higher low, meaning we are still very much bullish on the daily
time frame. Now the daily time frame, guess what ends up happening? We end up actually having a break below that
higher low. Okay, what happens once we break that higher low? First of all, let's just go out to the line chart just
to confirm. So now on the line chart, we're going to make this the new lower low. And then we are going to make this
the lower high, right? Very clean, very simple. Now the daily time frame is bearish, quote unquote. And if we were
to just continue following price action, this right now, as of right now, is the confirmed lower low, but it is not fully
confirmed yet because we don't know if this has stopped, right? We need to make sure and figure out where it's going to
stop. So if we keep it going, perfect. Price has very much stopped there. So that is the confirmed lower low. We can
look at it also on the line chart. As you can tell, lower high, lower low. Once again, I would not count that as
the structure point. Feel like the snake would pass right by there exactly how it did here. And if we were to look at it
on the candlestick chart, I don't see any elbows being created. So right now, we have lower high, we have lower low.
And this trade as of right now has not body candlestick closed below. No body candlestick closure, no confirmation.
And now that we have a body candlestick closure below, we can then confirm that this is actually indeed a proper lower
low structure point. So I would go ahead and then count this as the lower low. You don't know where to place the lower
high. Go to the line chart and find the cleanest structure point. So if I were to make this the h
