Teaching My Friend How To Day Trade

Today I'm going to be trying to teach my friend who has never traded in his entire life how to day trade and hopefully we can take our first ever winning trade today because the markets just opened. But before we get into that, let's introduce him. He is right here with us right now. >> What's going on y'all boys? It's Brick. It is time to officially learn how to trade. You know, the markets have been calling my name for a long time. Good or bad, we're going to figure this [ __ ] out today. >> Hell yeah. Okay. So, before we get on to the actual charts, like what do you know about trading so far, just so I can gauge like at what what level you're at? >> Click buy or click sell. >> So, what's like you have any strategy or any confluences? It's just buy or sell. >> Realistically, like I'll sit there for a few minutes and watch, you know, whatever my gut telling me that [ __ ] going up, I'm buying that [ __ ] That [ __ ] going down, I'm selling that [ __ ] >> Okay. So, we're we're going to teach you a couple things today. So hopefully you have a a better understanding of what the market's going to do. Instead of it's going up, I just want to press buy or it's going down, I'm just going to press sell. So you can have at least somewhat of a strategy. I'm not going to tell you that you need to learn this top to bottom, but I want to give you a couple confluences that can hopefully just make your understanding of the market and how it moves a little bit better. Is that cool, >> bro? Please, bro. I called my mom like 3 days ago. Holy, mom, I think I need help or I might go broke again. >> Yo, no. Okay, so >> I showed you my last month's P&L, bro. It's depression. >> Okay, so that that's good. That's good. That Well, no, it's not good, but that's good that we're doing this right now to hopefully turn all of that around. Okay. So, we're going to hop onto the charts right here, and I'm essentially going to just teach you some of the key concepts of trading that we all use as day traders on a daily basis to help us make money. Cool. >> Okay. Bet. So, you already know this is the S&P 500. This is the NASDAQ. Okay. Both of these are correlated US indexes. But to be honest, bro, we're not even going to get into any of like the super nerdy [ __ ] You just want to know how the market moves. So before we go onto the chart, I'm going to explain a couple simple concepts that are just proven for a freaking fact and I'll show you several examples of it being proven it working that move the market. So the first one is going to be liquidity. Okay, so liquidity sits above highs and below lows in the market. And you're probably saying, "What's a high or what's a low?" Right? A high is a move up followed by a move down. And a low is a move down followed by a move up. So you'll see highs and lows all over the chart. And liquidity just sits above these highs and below these lows. Cool. >> Yeah. >> Got you. And liquidity is essentially just resting orders. So, think of underneath lows, there's a [ __ ] ton of sell orders and above highs, there's a [ __ ] ton of buy orders. Now, what would your first initial reaction be if we pushed above a high into a bunch of buy orders? >> I'll shorten that [ __ ] >> Good. Yes, that is actually exactly what we need to do. Yes, actually literally reverse psych. >> Okay, so not not every time, but it is actually reverse psychology. So the buy orders that are above highs are retail buy orders. Now why is retail and we call retail like pretty much me and you the dumb the dumb traders, okay? Not like the actual market movers. So all of the dumb people are pressing buy when a high gets pushed above because they say, "Oh, we pushed past a high, so we're obviously bullish and price is going to continue higher, right?" But because there's a [ __ ] ton of buy orders above here, if you think back to like literally like economics class, did you even go to school >> school? Yeah. Yeah. We we'll just say yeah. >> Okay. So, I'm going to teach you economics super quickly. If I want to buy one share of the NASDAQ, I need someone to be willing to sell it to me. So, in turn, and also if I want to sell a share of the NASDAQ, I need someone that's willing to buy it from me. Simple, right? If I have a share of Apple stock and I want to sell it, I need someone willing to buy it. That's just the simple exchange. But nowadays we have all these brokerages, cool electronic things that do it online for us. But the the math is still there and the same concepts exist where we need someone willing to buy when there's people that are willing to sell. So we need whatever there's a 100 people that want to buy, there needs to be 100 people that want to sell. So if we know that a bunch of young, dumb, stupid people are pressing buy when market pushes above a high, what do the smart market makers have the opportunity to do? They don't do it all the time, but what do they have the opportunity to do? They can fill all of their massive amounts of sell orders to end up moving the markets lower. So, that is essentially what a liquidity sweep is. We have a massive amount of buy orders that are being entered into the market when we push above a high. What does that give the market makers the opportunity to do? Because all of the retail traders are pressing buy, they can reverse price and enter into sells because they are the ones with a massive amount of orders. So, they need a lot of people to be pressing by. So, they trick everybody by pushing price above a high and then saying, "Sych, bitch." Boom. [ __ ] you. >> Yes. We want the market to go down. >> Yes. Yes. And I'll show you several examples of this happening in real time on the chart. And then same thing to the upside or reversals to the upside. Sometimes when the market pushes underneath a low, what's happening? Everybody thinks just like you were saying, if it's going down, what are we doing? We're pressing sell. That's exactly what they want you to think. So what if everybody's pressing sell? What does that give them the opportunity to do? Open a bunch of buy orders. Boom. Rip that [ __ ] back up. So that's a that's liquidity. Now before we go on to the next concept. That was super easy, right? >> Decent. Decent. I Yeah, I'm picking up on I'm picking up what you're putting down. >> Okay. Decently easy. Let me show you a couple examples of this happening. Now remember what I said. It doesn't happen every single time we push above a high or below a low, but it gives the market the opportunity to be able to do that. Now, just because we understand that it has the opportunity to do that, the next things that I'm going to teach you are going to be able to understand when the market makers actually take that opportunity so that we can catch the bottom of moves. Because if price comes underneath a low and we say, "Okay, we're underneath a low. The market makers have the opportunity to place a bunch of buy orders. How do we know for certain that those buy orders were filled?" That's what I'm going to teach you next. But first, I'm going to show you on the actual chart liquidity getting swept and then the market moving in the other direction. Now, this happens on literally every single time frame. I could show you on the monthly time frame where there's monthly liquidity sweeps. I could show you on the one minute time frame because this is how price moves. Again, there needs to be buyers and there needs to be sellers. So, in order for the market to move higher, what do they need to do? They need to liquidate a whole bunch of orders in order for them to place their massive amount of buy orders. I know that was kind of confusing, but let me show you an example right now. We're on the monthly chart and keep in mind this is a massive US index and this literally like is market manipulation at its finest of like literally a massive US index. So if you think the government is whatever like [ __ ] with your money, best believe they are because it's happening on the biggest index in the world. So look, this is a low right here. We have a move down then a move up. This is a low right here as well. This is a low right here as well. What do we see price do? It comes down, takes out this low, this low, and then boom. What does it do? Bull run. Again, if you obviously this is on the high time frame, but if you see this massive candle down, pushing underneath these lows, what are you probably going to want to do? Press sell. But that's exactly what they want you to want you to do. So they can press buy and then boom, [ __ ] you out of your entire position and steal all your money. That's how the rich get richer. >> Now, let me show you this on the say. All right. So, this is the way I'm thinking about it, right? >> Yes. >> Supply and demand. So, there's a whole bunch of Say somebody puts a whole bunch of drugs on the street, right? >> Then next thing you know, everything's gone. Then boom, they put everything back on the street. You feel what I'm saying? >> Right. Yes. >> Gone, everything's in a drought, and then next thing you know, the streets are flooded again. >> Yep. Yeah. Cuz they put Cuz they put the drugs out on the street first. >> Yeah. They put them out >> and then it got and then it got used up and now then they're like, "Oh, we should probably do that again." >> And they flood it again. >> Flooded again. Yes. That's pretty much Yeah, that's pretty much exactly, >> bro. >> Yes. Okay, so let me show you a couple more examples on other time frames because like I said, this happens on every single time frame because it's how the markets move. They need to manipulate lows and manipulate highs in order to move price to where it wants to go. So, let me find a good example. Let's do this on sure the 4hour time frame. This is a good example right here. So, look right here. We're in this weird consolidation like right here, right? market's just moving sideways. But then what does the market need to do in order to push price higher? It needs to sweep out liquidity. What does it do? Look how it just barely boom, just goes right underneath that low. And then what does that give the market the opportunity to do? Push higher. >> So it doesn't even need to go that much farther under. It could literally be just a tick. >> Just a little tick. Just the littlest amount. That's all it needs. Same thing. Same thing here. Even on like very little minuscule time frames. Look, we can see what is this? This is a low, right? The market comes down, sweeps that low out. Where are all the buy orders getting filled? Boom. Right here. Just for the market to do what? Boom. Keep going higher. >> Well, you get in on a buy right there at that position, you're paid. >> Game over. Exactly. >> So, how the [ __ ] do I know like, yo, they're about to do this [ __ ] right now. I need to get in on that buy right now. >> So, that's ex So, yeah. Yeah, that's exactly what I'm going to teach you next. So, obvious now, obviously, this doesn't happen all the time. Let me show you one more example of it happening. a sweep to the upside and then price moving down because all of the most recent ones, I mean, bro, once you get good at this, you'll see it and notice it everywhere. See what did it do? Boom. Manipulated these lows, send it higher, right? Once you get good at this, you're able to see it just like immediately everywhere at all times. So, let me show you an example of it going to the downside and then I'll tell you because what what did you see? What did you see? >> That [ __ ] just straight dipped. >> Yes. Okay. Okay, so this is a good example right here. Look, we have a high, boom, and then another high right here, right? What does price do? It rips up, makes everybody think that it's going to go higher. But then what does that just give the market makers the opportunity to do? Boom. Push price lower. And then same thing when it wants to go back higher, what does it need to do first? Boom. Sweep out this low and then move higher. So going back to your question, obviously there's sometimes when we push underneath lows, like for example, when we push underneath this low, pressing buy right here would have been stupid, right? Because it just kept going down. So how are we supposed to know when we're supposed to press buy when we push underneath a low or when we're supposed to press sell when we push above a high? That's what I want to teach you next because there's other confluences that help us understand when these liquidity sweeps are actually real and how we can actually see the market reacting off of us moving underneath a low or above a high to show us confirmation that orders have been filled. So that's what we're going to do right now. So all we know right now is where orders can be filled on the chart and where can they can be where can they be filled above highs and below lows. So pretty much like the whole like the whole entire market is just like they're going to do something but then it's always going to be the opposite. So if this whole time I was just trading what I thought was going to happen just do the complete opposite. I would be rich as [ __ ] That's typically how the markets work actually. >> Yes. 100%. Like I I don't know if you if you ever got into like crypto or like stocks at all, but like typically whenever whenever you see crypto all in the news, that's mo most of the time that's when you should [ __ ] sell because everyone's talking about it and now everybody knows. So guess what? What does that give all the rich people the opportunity to do while all the dumb people are like, "Oh, it it just went up 100x." So boom, all the dumb people are pressing buy while the rich people are pressing sell. And then all the dumb people get more and more poor while the rich people get more and more rich. So our goal is to be able to understand like you were saying. Yes. It's literally reverse psychology. Typically when we push underneath a low, what are we looking for? We want to be looking for buys, not sells. And when we push above a high, what do we want to be looking for? We want to be looking for sells, not buys. Because then if we're able to do that, then we're able to catch the tops and the bottoms of all the moves. And then we're able to eat on this entire extension down or this entire extension up. So >> yeah, that's paid. That's paid. >> Yes. So the next concept that I'm going to teach you is a break of structure. So liquidity sweep shows us where orders have the potential to get filled. A break of structure shows us pretty much confirmation that orders were filled. Okay. So the first thing that we need to understand in order to understand breakup structure is understanding market structure in the first place. So this is going to be super simple. The market moves in three different ways. It moves in uptrends which is formed by higher highs and higher lows. Right? That's how an uptrend is formed. And then a downtrend which is lower highs and lower lows. So when we see a high, low, lower high, lower low, lower high, lower low, lower high, lower low. That's how the market moves when it's going down. And then an uptrend, we have a high, a low, a higher high, higher low, higher high, higher low. Ready? And then I'll show you super quickly on the chart. This happening in real time. So we just recently started a new uptrend. We have boom, a high, a low. Now this high is higher than this one. Now, boom. This low is higher than this one. And we just pushed past this high. So, now whenever we retrace again, it's going to be another higher high. So, we're currently in an uptrend on the daily time frame on NASDAQ. >> So, currently right now, would it be searching for the lower low before it goes up to the higher high? >> So, right now, well, okay. Okay. Do don't don't try and combine liquidity sweep and in structure right now. Don't try and combine it right now. We're going to put we're going to put the pieces together. I'm going to teach you all of the pieces individually, and then we'll put the pieces together after. Okay. >> Big puzzle. >> Yes. Big puzzle. Exactly. So, and then for a downtrend, this was a downtrend, we have boom, a high, a low, a lower high, a lower low, lower high, lower low, lower high, lower low until that structure gets boom broken by this high getting broken by making a higher high, then a higher low, and then we turn into an uptrend. So, what I want to teach you is how structure actually breaks. So, this is actually a perfect example. If we can identify that we we are in a downtrend which we just identified with high low high. Where did this low go? Underneath this one. So we know it's a lower low. This high is underneath this one. Boom. It's a lower high. This low is underneath this one. Boom. This high is underneath this one. This low is underneath this one. But then boom. What happens right here? >> [ __ ] rips. >> Exactly. And this high is now above this one. So a break of structure to the upside is when the most recent high in a downtrend gets closed above. So notice in this downtrend, this was the most recent high that we had formed, right? We had high, low, higher, lower uh lower high, lower low, lower high, lower low, lower high, lower low. We're expecting a lower high to get made, but we don't get one made and instead the market closes above the most recent high, which then breaks structure to the upside, causing a uptrend to form. That is an example of a break of structure to the upside, where we end up closing above the most recent lower high in a downtrend. That's how we're able to identify a break of structure to the upside. Does that make sense or you need me to go over it again? >> No, no. So BOS pretty much when it breaks up when it when it passes the last lower high. Yes. Break a structure. >> Yes. Exactly. Now let's show a breaker structure to the downside. Now again we're like speed running this but the the goal is to teach you this quick and just kind of get you all the concepts that you need. So let me show you another example. This is a good example right here. So this move up. This is obviously an uptrend. We have boom a low. We have a high. We have a higher low. We have a higher high. Then this is a higher low right here. And we would expect for this higher low to then get pushed into a higher high to continue the uptrend. But what ends up happening? We end up making a lower low than this low right here. So what is that? It's a break of structure to the downside down >> because the most recent low that we had in the market right here what closed underneath. And now what do we have now? We're in a downtrend. We have a low, a high, lower low, lower high, lower low, lower high, lower low until we what? Break structure back to the upside and then boom, we trend higher again. >> So, it's a forever pattern. It's going to be lower highs, lower lows, break it. Lower highs, lower lows, break it. >> Yep. Exactly. Now, you understand breakup structure, which is awesome. Now, we're going to take puzzle piece number one and puzzle piece number two and combine them, and this is going to blow your mind. So, Yes. Let me show you super quickly here. Let me go. Let me find an example. This is a good one down here. Okay. Remember liquidity sweeps. When we push underneath a low, what do we have the opportunity to do? Fill buy orders and push price higher. Right. >> Exactly. >> So, let's say we're just looking at the market right here. Right. Look at this. This is the low. And if we're in a downtrend, we're going to want to be looking at the lows. Why? Because we want it to get swept. So we can enter into buy. So when we're in a downtrend, we want to catch the bottom of the downtrend to send price higher, right? Exactly. >> Yes. So we're going to be looking at the low. So this is a low right here. What happens? Boom. Gets blown through. None of our business, right? It's just boom, continuing the downtrend. Now, this is the new low that gets put in. What happens? Boom. Gets blown through. Okay? Keeps going, keeps going down, right? There's no reactions off of these lows. We don't see price sweep out these lows and then push up. Okay? Let's go to the next low. Boom. We have this low. What happens right here? Okay, we get some hesitation. Now, when we see that hesitation, what are we going to be looking for? We're going to be looking at the highs to wait to see price break to the upside, right? So, this is the most recent high. Then, we actually put in another high right here. And then boom, what happens? We get liquidity sweep. That's step one. Followed by step number two. How can we confirm that all of these buy orders were filled when we close above the high in the downtrend? Because now we've started a new uptrend to push price higher. >> Look for the liquidity sweep and the break and then you're [ __ ] paid. >> Yes. Because then and then boom, look what price does. It >> just skyrockets. >> Yeah. Crazy. That's a absurd example cuz the [ __ ] just keeps going and going. But yes, exactly. Let me find another example here. Let's do Okay, these highs right here, right? So boom, we get a big move up. We end up sweeping out these highs. So, pretty much whenever we push above a significant high or significant low, which right now we're only on the high time frame. So, typically, and what I'll show you how we do when we're using our strategy, we want to look for high time frame highs and lows because that's going to cause the big moves. And then when we look for the reversals, we end up scaling down onto the lower time frames. But we'll get into that a little bit later. So, right here, what do we do? Boom. Skyrocket up. We take out significant highs. Awesome. So now what do we want to be looking for? We want to look for a break of structure to the downside. So we're going to be monitoring the lows now to see cuz again this move up could technically still continue. We could technically push past these highs and then continue higher, continue higher. But how do we get confirmation that we want to go lower is if we push past these highs, boom, make a low and then break that low. Right. So >> have to watch for the for the for the break of the low. >> Exactly. So, we have a low right here. Do we end up breaking this low? No. We don't end up closing underneath it. So, we don't want any of that, right? So, now this is the most recent low. Do we touch this before making any new ones? No. We end up making another one right here. We poke past it, but not enough. So, so now we have a new one. Boom. This is where we break it. >> Yeah. >> Then what does price do? >> Just plummets >> straight away. Exactly. So, you have puzzle piece number one and puzzle piece number two. I'm going to teach you the third puzzle piece and then honestly I think you'll be good to go. Bro, >> teach me. Talk to me, brother. Talk to me. >> So, you've you've learned essentially two different things of the market. You've learned how orders have the potential to get filled, which is through draws and liquidity. And then you just learned how we can see on the chart confirmation that those orders were filled through a change in structure. Right? Now, what I'm going to teach you is how we can identify a continuation of the new structure that we just created. Because technically, if we sweep out highs, break structure, sometimes that's not enough. And sometimes that the market can still be [ __ ] with us and then boom, the price can keep going higher. So, what do I like to wait for? I like to wait for three the three lucky charms. Okay? So, I like to wait for opportunity for orders to be filled by us pushing above a high. Number two, confirmation that those orders were filled by us changing the current market structure. And then last but not least, a continuation of the new trend that we formed because if we are breaking structure to the downside, then we should technically be forming a downtrend. So, what should it do? It should continue making lower highs and lower lows. Right? So, what I'm going to teach you, I taught you what happens up here. I taught you what happens down here. Next, I'm going to teach you how we can figure out what's going on right here. And this is where we're going to be entering. Simple. So, again, we just learned, we just learned how market changes structure. Now, I'm going to show you how market structure continues. So, like we like we already know, uptrends move in higher highs, boom, and higher lows, right? And because uptrends move in higher highs and higher lows, we know that if an uptrend, let's say this is how the uptrend got started, we get a sweep and then a break. Once we break past this high, an uptrend doesn't move up only. There are these little moves down within an uptrend that form our higher lows that are called retraces. So these moves down are called retraces. And every single uptrend has them and every single downtrend has them as well. These little moves up are retraces just for price to continue extending lower. So, how can we identify where these retraces are going to go? Or how can we identify a good area where we can actually look to enter on these retraces? I'm going to show you two different confluences that are super useful that we can use. The first one is a fair value gap. Okay, this is FVG. This is when there's a heard that before. >> Yes. Yeah. Yeah. Yeah. This is when there's a gap in price and we see price come down, fill the gap and then extend up higher out of it. There's also equilibrium which I use with a GAN box and boom, we can mark it out like this. We take it from the low up to the high. Long story short, it just get shows you the premium of the price range and the discount of the price range. And let me ask you this. If you go to the grocery store and your favorite snack is there and there's one that is getting sold for $5, but then there's another one getting sold for $3. Which one are you going to take? >> Yeah, $3. >> Exactly. So, the market is the same way. When we're retracing, the market is more likely going to push into a discounted price range. So, it's going to want to push down into a discount. And then what is the market makers going to do? Boom. Buy those positions and then push it back up into a premium. And then boom, when market comes back down into a discount, what are they doing? They're buying and that's that's how the trends continue. Okay. So, >> always looking for the discounted prices. >> Exactly. Yes. Exactly. So, the first thing that I'm going to show you is fair value gaps. I honestly think the best way to show you fair value gaps just in the quickest way possible is going to be on the chart because we don't really have that much time. The best way for me to show you fair value gap is by just getting on the chart and showing you. This is a good example of a fair value gap right here. We typically have the first candle which doesn't really mean much, but then we have the second candle which leaves a gap within price. Okay? See how there's a gap right here and we don't really see any candlestick wicks in the middle of any of this. Like see how there's just like kind of >> go to the moon. >> Yeah. It's just emptiness in here. Right. So >> I hate seeing [ __ ] like that. >> Yes. Well, no. You should like I missed it. >> Yeah. cuz you should you should like seeing [ __ ] like this because you should know that when price does this, price is almost always going to need to come back down into this to rebalance price. So this is what we call an imbalanced price range. So when price comes in here, what happens is price is rebalancing it and then again what do we have? We have a low higher low higher high. What are we forming right now? Higher low. >> Lows. >> So what is this? This is a retrace to make a higher low into a imbalance. And now that price has came into it and balance it out, where is price going to go? Back up to these highs. Bingo. That's for value gaps. Okay, that's a bullish for value gap right here. Let me show you. Bearish for value gap. >> That one right there is insane. >> Yeah. So, so see, look, look, look, look. Boom. Massive gap. Massive gap. What does price need to do >> before it goes higher? Boom. So once it all once something like that happens, correct? It just always has to retrace. >> Exactly. More often than not, and again, sometimes sometimes it can take time, but like when we have a massive gap like this one, >> it's going to need to come down and balance out that price eventually. >> What goes up must come down. >> Exactly. Same same thing here, right? This is a bearish gap. We have this massive imbalance of price right here. Price comes up, fills it, and then pushes back lower. Okay. >> Bearish means go down. Yes. >> Bullish means go up. >> Yes. Exactly. >> Same same thing here. Notice we have boom massive move down. We push back up into it before extending back down lower. Okay. So that's fair value gaps. That's pretty useful to us. Um and then the next one is equilibrium. To be honest, I honestly just want you to it it might be too much explaining equilibrium. So I honestly just want you to rock with what we have right now. So now you understand really the main three things that we're looking for in order to be able to place a trade. We need boom manipulation to be able to have potential to fill orders. Then we need confirmation that those orders have been filled. So let's draw this out, right? We need manipulation. Why? Because there's potential for orders to be filled. Then we need confirmation that confirms that a new trend has formed. And then we need a retrace and an extension back in the same direction of the new trend that we formed to give us confirmation that boom, we want to continue going lower. And this is where we're going to be entering. So we get manipulation. Boom. >> Manipulation. Confirmation. Retrace. >> Hell yes. Boom. Making dollars on the shorts. >> Yes. Okay. Okay. Okay. So listen, now that now that we understand this, let's go ahead and let's try and let's try and practice it. So, first first of all, market market's already opened. It's Asia session right now. Look at look at price right now and just like what do you think we're going to do based off of what you've learned so far? Let me show you what price looks like. Okay, so this is where we're at right now. This is on the 4 hour time frame, so we're on a pretty high time frame. >> Yeah, I realistically only know how to look at charts on 30 seconds. Okay. But really, if I was to use all the information currently, we just went to higher high or low. >> I'll full port shortening that [ __ ] >> You're fullport shorting. Explain. >> Give me a moment here. >> No, no, no, no, no. Say, explain, explain, explain, explain. Tell me the steps, right? Tell me the Tell me the steps. >> Okay. Manipulation >> where >> it just went to the moon. >> Okay. But Okay. But just because it went to the moon doesn't mean it's necessarily manipulating, right? What do we need after the manipulation? We need confirmation. So, So, where do you see the confirmation? Where do you see the confirmation? Is there >> higher highs and higher lows? >> Okay. But you just said you wanted to short it in a higher high and higher low is is bullish. Is an uptrend. >> Okay. So, I'm full poor shorting that [ __ ] >> Okay. Okay. So, to go over the steps. >> Okay. Observation. Manipulation. Okay. >> Where's the manipulation? >> Manipulation is up a little. Move the arrow up a little bit to the left. >> Here or here? >> I'm going to say around there. That's where I'm looking. Around there. >> This. Okay. Yeah. We swept these highs. >> They swept that. The highs were swept. Yes. >> Then the lower low was swept. Two black things to the right. >> This one. >> One more. Lower low was swept. Right. >> So it formed a new one. >> Yes. >> The higher high hasn't been broken yet. >> Yes. >> So that does mean Oh no. I'M FULL PORT LONG IN THAT [ __ ] >> OKAY. WHY? Cuz now it has to it has to it hasn't it has to break the higher high. Let maybe let's go down onto the onto the lower time frame so you can see it a little bit better. Okay. So this is on the 1 hour. So there's the 4 hour. And it's difficult. Well, I will say it's difficult when you start merging all the time frames and stuff, but >> wait, let's let's let's try 30 seconds. >> 30 I don't even have access to this 30 second, bro. I have access to the one the one minute. This is what the one minute looks like. It looks like a [ __ ] mess. >> Yeah. No, that's OD. >> Yeah, it's too much. It's too much. How about How about Okay, ready? Let me Let me show you something right now that pretty much proves what what we just went over, but it it it's already happened. So, let's look. Okay, hourly time frame. What do we do? We dump down and we take out boom these lows. >> Take out lower lows. >> Once we take out lows and I I should have mentioned this. Once we take out high time frame lows, that's when I go down to the low time frame. So, we took out 1 hour lows and even 4hour lows. So, we took out 4hour lows. I'm hoping that this is going to be manipulation because on the high time frame, we've just been moving up higher and higher and higher. >> Right. So, when we take out these lows right here, I'm immediately going to either the 15minute or the 5m minute, and I'm going to be looking for the downtrend that we're currently in that helped us take out those lows to get broken. So, I'm going to be monitoring the highs. We have a high right here. Then, we have a high that gets formed right here. Then, we have a high that gets formed right here. What happens? That [ __ ] gets broken. >> Broken. >> Boom. And then what happens? We >> get broken again. Well, yes, but remember what happens after we want the break? We want to see a retrace. >> A retrace. Yeah, always retrace. >> Right. So, right there in the retrace, then boom, got broken again. >> Boom. So, once we see the retrace and then price move higher, I'm going to want to get in and then boom, if we had gotten in, price would have t taken us higher. Paid. >> Simple, right? But obviously that that just happened. Let's let's let's honestly see cuz there's something that's happening right now in the markets that I think could be a decent opportunity. Let's see if you can place a trade right now. Let's let's just stay on NASDAQ here. Let's see if you can see anything on the low time frames based off of what I've taught you so far. You see anything? Forget about the high time frame. Just look at the the current low time frame. What did what is price doing right now? Look at this. Look at this price right here. >> I'm shorting that [ __ ] >> You're okay. Explain why. >> Bro, I know what to say in my head, but the but the but the lingo just really be getting to me. >> No, no, no. Just Okay, explain in your in your head, in your own terms, why you're shorting that [ __ ] right now. >> So, look. Ready? Ready? >> Yeah. >> I see it go up. It goes up high as [ __ ] right? It goes down low as [ __ ] It went up, matched that high, went back down, went back up. It almost broke, but it didn't. So, it's going to retrace a little bit more down, and then it's going to And then I'm going to enter the shorts right now. And then I'm going to get out around, you know, >> where >> not even I'm not saying [ __ ] I'm just taking picking up racks off the floor and then I'm I'm longing that [ __ ] right as I pick the racks up and then it's going to break the high. I'm going I'm going to pick those racks up too and then I'm green for the day. Yo, >> see wait. Yeah, WE WOULD HAVE BEEN UP RIGHT NOW, BRO. Holy [ __ ] Okay. All right. Okay. So, you wanted to short short it. That's like quite literally like the exact the exact opposite of what I wanted you to say. Okay. The reasoning. The reasoning, bro. Look, look, look. And again, I could be completely wrong, but let's let's look at what price just did, right? Boom. We take it all the way over there. So, you got to look at like the bigger picture, not the bigger picture cuz look, it's like a painting. Okay? It's a beautiful, beautiful painting. We have all these lows, right? What do we do? We grab them. And then once once, again, let the chart whisper in your ear. Let the chart tell you what it wants to do. So, it says, "La, I don't want to do nothing." And then it says, "Oh, right. Yeah, I might I might want to do something." And then it goes, "Boom." Right? Hey, [ __ ] I actually did want to fill these orders. And then look, boom. I'm retracing right now. So, where do I want to go? >> Okay, now that I'm looking at it like this. >> Yeah, bro. Okay, now it makes sense. Get it now. Okay. When I'm looking at the like the last like two candles, >> look at the last two candles, bro. That ain't telling you nothing. Look at the bigger picture. And again, look, if we if we scale up wrong the whole [ __ ] time, bro. >> Yes. Okay. So, look, look, look, right, we have lows. And then how do we know that it wanted to use those lows? Because boom, it puts a wick underneath that. And then how do we know that those lows were even useful to us? The best thing that you can do as a trader is be patient and let the market tell you what it wants to do. >> What it wants to do. >> Exactly. So, the best thing for us to do is just be patient. We say, "Okay, you took out these lows. I'm going to wait until we see confirmation that you actually wanted to use those lows." When do we get confirmation on that massive move up? Now, it's retracing into what is this right here? >> I forgot what it's called. It's when it goes down and breaks the lower low. >> [ __ ] me. No, that's a fair value gap. >> Oh [ __ ] No, wait. It's called Hey, so it's re So it went up and then it retraced. >> Yes, it's retracing. >> Formed a new >> higher low because this is ready. >> Higher low. >> Low high. higher high and it's forming a potentially a a new higher low. Right. So, >> okay. Okay. So, if it goes up, it's higher and if it's going down, it's lower. >> Yeah. So, right now, I'm looking at this chart and I'm saying we got step one, we got step two, and we're in the process of step three. We're in the process of getting this retracement right now for me to be looking for longs. And again, I don't necessarily say that I want to press buy right now. Why? Because the market hasn't shown us that it wants to actually move this retrace higher. Yes, exactly. So, what can we do? We can sit on our hands. We don't have to place a trade just yet. And we just let the market tell us what it wants to do because the market very well could just boom dump down. But if Yeah, exactly. So, if we press buy right now just off of hopes and dreams before the market's even told us that it wants to go higher yet, then who knows what's going to happen. But if we just sit and wait until the market tells us that it wants to go higher, that's when we can enter and then boom, the uptrend is going to continue. >> But once that retrace is Oh, you're always just looking for a retrace. >> I mean, yeah. Once we get the manipulation and the extension, >> confirmation, retrace. >> Yes. Exactly. Like look, I'll show you. I'll show you another example. Okay. This this down here again, it happens every single time frame, right? Manipulation, break, >> retrace, >> retrace, >> boom, extension. Wow. Out of there. So once I pretty much 100% lock in on these three steps, once I Oh my god. All it is is three things to get [ __ ] rich. >> Three steps. >> Okay. Ready? This is This is what we're going to do because this is an actual market open. What I'm going to do is I'm going to go ahead and I'm going to back test a market open. So, we're going to go on bar replay and we're going to go to market open and you're going to tell me exactly what you're looking for and why. Cool. >> Let's do it. Okay, awesome. So hopefully I taught you well. If not, then maybe I should retire. But okay, this is market open. So the market's going to open literally once I press this [ __ ] So right now, look what what are you seeing so far. And again, all of the steps don't have to be there. In fact, none of the steps have to be there. Again, wait for the market to talk to you, right? So some of the steps could be there already, but you know, you could also wait to see what the market wants to give you. So what are you seeing right now? >> Improvement a little bit. a little bit. All right. So, look. Retrace higher. Broke the higher high. Lower low. Yeah. Higher high. Broke it. Retrace. Higher high. Higher high. Higher low. Higher. Sport that [ __ ] >> Just off rip. No, but Okay, that's your bias. You want shorts. >> Yeah. Yeah. 100% want shorts right now. >> Okay. Amazing. And why? >> We broke the retrace. We broke everything up. Higher high broke. Higher high broke. Wait. Zoom in a little bit more. Oh, yeah. It broke right there. It's on the retrace down. >> Yes. So, look. Same same [ __ ] I'm on the same timing right now. Now what do I see? I see manipulation of the high. Then what? Break of structure. Then what? Retrace. >> Yep. >> But >> now all it takes is clicking that [ __ ] button. >> Yeah. Yes. But the problem the the only problem with this is all of this has already happened. So typically yet this is where I would want have wanted to enter, but the market hasn't even opened yet. So sometimes when this happens, I say what? Let me wait a little bit to see if the market's going to mess around on market open. Because typically on market open there's a whole bunch of manipulation. So let's see if the market wants to manipulate these highs one more time and then go lower and give us something, you know, or right if it wants to keep going lower then we can just enter on another retrace and just keep the vibes going. Okay, cool. So >> you ever suggest getting in before the market opens? >> Hell no. No, >> I got a problem with that [ __ ] bro. >> What? You enter before market opens? It's like right when it hits 9:29, I'm sitting there like, "Oh my god, it's going to [ __ ] rip. I want to get in now." >> Okay, let me let me tell you something. This is like in insider tip. The first 10 to 15 minutes of every single market open is typically manipulation. More often than not, the first 10 to 15 minutes, again, remember how does the market move? By convincing dumb people that it's going to go in one direction and then it goes in the opposite. So, how can they convince all of the dumb asses to enter in the opposite direction that they want to go within the first 10, 15 minutes? If they want price to go low, what are they probably going to do? Send price high so everybody buys so they can enter their cells and then boom, dump it on their heads. So, typically what I call the first 10 minutes of market open is like >> great manipulation. >> Yes. Exactly. Manipulation. And I never >> stay away from that [ __ ] >> Exactly. I never try and trade during the manipulation, but I use it to my advantage because I can see, yo, during the manipulation period, if we want to come up and sweep out these highs, then I say, okay, bet. You know, we're we're looking for shorts, right? So, look, let's let's play this. Okay, let's play this and then just let me know. So, boom, long exa exactly what I just told you. I said, right when market opens, what will it probably Man, this is why I'm the goat at this [ __ ] I didn't even look at the market open, but boom. What did market want to do? It wants to come up and then boom, manipulate these highs immediately. So now that we manipulated these highs, where is price potentially, right? >> Okay. So let's see what happens. BOOM. >> OH MY. THAT WOULD HAVE BEEN I THAT WOULD HAVE BEEN A MILLION DOLLAR full port right there. >> What? Yo. So see. Okay. You're getting the hang of it. This is good, bro. This is really good. You You're getting this, >> bro. Bro, bro, I cannot wait for the next [ __ ] market open. No, this is good. Okay. No, this is like really [ __ ] good. See? Okay. Yes, bro. This is really good. Okay. Cool. Cool. So, that that was great. But that that was within like literally like the first 4 minutes of market open. Let's say we weren't able to catch this. Let's try and find a way to be able to catch another move, right? So, we we were able to predict that it would want to sweep out this highs cuz we knew that market open causes some sort of manipulation. And now, boom. Now, we're taking out these lows, right? Let's see. Let's see if you remember anything and see what Price wants to do from here. Okay, so we'll just keep it going. So, damn. Just want to DUMP MY >> [ __ ] GOD. >> OKAY, SO I'll pause it right here now that you've seen. What do you think price is doing now? Now that you've seen this, >> this what time what time is this? >> This is It's It's 9:40. So, we're 10 minutes into market open. >> And we swept out all We swept out all of these lows. A whole bunch of lows. Yeah. Swept out a whole bunch of lows. But we're we're in this little in between area right now where we could either this is this is in like what I call a decision-making point, right? Because we are either going to do two things. Either move higher or go lower obviously cuz that's what the market does. But we're at a critical point right now because we don't know which one the market wants to do. Why? because we took out all of these lows, which what we learned could potentially send price higher, >> but we're also in a downtrend where we just manipulated these highs and we just made a lower low. So, we could potentially be making a lower high to go lower, right? So, the market >> they want they want they want the people to buy. >> Well, okay. So, right now they want the people to be confused because we we took out all of these lows. So, it's saying, "Hey, we could potentially go higher or we could go lower." So, what we need to do is we need to use everything that we've learned so far and look at what is happening at this critical point right here. Because within this critical point, it's either going to tell us that it wants to continue the trend down or use this as a liquidity sweep to push price higher. So, I'm not going to give you any any sort of advice from here. I'm just going to play it and you're just going to tell me stop and you're going to let me know what you want to do. This will be like your first official trade. Either short or buy. Okay. >> Perfect. Play it. Wait. So, I just told you to pause it, right? >> Yeah. Yeah. Yeah. Yeah. Exactly. So, we'll play it. >> Pause it. Short that [ __ ] >> Okay. So, you want to short it? Let's just [ __ ] do Let's just do 10 for Okay, that's actually a lot of money. We'll just do one. Okay. >> Do I want >> Yeah. Yeah. So we'll we'll >> a perfect short entry right here. >> Okay. Why why why >> we're in on the retrace? >> On the retrace. Okay. So this is a because you think price is moving up to retrace higher to then go lower, right? >> Yes, we are in on a perfect entry on a retrace. >> Okay, we'll play it. Wait, hold on. Yeah. Okay. Let's see. >> Pick it up around like a band. >> You you you you would close that band. >> I'm not even going to lie. I would have picked that [ __ ] up when that [ __ ] went green the first time, >> bro. Okay, guys. >> Yo, I got this [ __ ] figured out now. Okay. So, listen. That was that was actually that was actually pretty good. So, yes, you did good. I will I will give you that. That wasn't that. However, you jumped ahead a bit. You skipped Listen, listen, listen, listen, listen. No, no, no. This was okay. This was good. That was good, but you jumped ahead a little bit. Why did you jump ahead a little bit? You pressed short when the market was moving up literally [ __ ] forever. That's not what we want to do because then that's what's called catching a falling knife. So imagine a knife is falling and you try and catch it right here. You're going to bleed all the way down because you don't know how much farther that knife is going to fall and you're just going to get bled the [ __ ] out. So what you want to do is you want to wait for it to come down and then show you and Yeah, exactly. and then start to show you some love. So up here, right, you were you entered on an up candle. Ideally, what you would have waited for was actual confirmation that because again, we were in an uptrend here. Ideally, you would have waited for one of these lows to get closed underneath to then go short, which would have happened right here, >> right there. So, had you waited, now I'm not saying that this was a bad entry. You waited for all the right things, but notice how you had to sit through a bunch of [ __ ] and price. Exactly. Just for you to make your money when you could have just waited for a clean break of a low once all the [ __ ] is said and done to be able to just boom, you sell right here and you exit once these lows get taken out. Would have been a lot simpler. >> Realistically, that that's what I tend to do a lot, you know, like I jump the gun, I see something. My biggest thing that I'm now feeling a little more confident in on is patience on the market. Good. Okay. So, that was honest. That was honestly really good. Now, if we go back to the chart, we can see in real time, right? Everything happening. We get the sweep, we get the break, we get the retrace, we get the move down, and then you say, "Okay, hold on. This move up could either be us to push higher or for us to break down lower." You said we stay patient. You wait for the retrace. And then now we know that once we get that retrace, we want to see confirmation that we actually break some structure. Cuz if we if we wait and we just look at this price, right? This looks like a mess. This looks like a mess. This looks like a mess. When do we actually get a clean price break? Boom. Right there. >> Right there. Yeah. >> What time did that How long did that happen after market open? >> That was at 10:16. So it took some time. It took some time. But bro, one trade is all you need. One trade if you catch if you catch the right trade. And again, you could have you could have kept holding this to wherever wherever the [ __ ] it wanted to go cuz this is a clean break right here. So now we're in a clean downtrend. We got the manipulation, we got the break, we got the retrace. Now we're probably going to want to go down and target all of these lows all the way down here. So if we speed this up, if this will go notice how what did we do? Boom. Had we had we entered right here on that clean short and then just taken it down to all of these lows. Boom. That's all you need. One trade is all you need. Simple. All the way just down to these lows. These are perfect lows for you to be able to target. Okay, cool. That was that was good. You won your first trade. Let's do Let's do a couple more and then honestly I think I think I'm satisfied with with the work that we've done today. Let's do Let's do a couple more. So, let's go Thursday. Oh, wait. Thursday was [ __ ] crazy. Let's skip that. That was CPI, I'm pretty sure. Um, >> yeah, that was >> Let's go Wednesday. We're actually pre-CPI is going to be asked to. Let's do Tuesday. Tuesday 9:30 bet. Okay, cool. Damn. Okay, that was market open. That was market open though. Okay, so this is market open right here. Okay, so market open candle. That's what the first market open candle looked like. But let's get on. So boom. 5 minute time frame. This is what we're seeing right now. What's the picture? What's the charts telling you >> on this one? I'm waiting >> waiting for >> I'm waiting. I'm waiting just to see the little let it start [ __ ] playing with me cuz right now it's it's just like it's going straight down like you're just going to that's going to you never know where that could really go to realistically. Obviously it'll it could break those low lows right there and then retrace but or it could I would just wait to see what it starts doing. >> Okay, so let me tell you what I see right now. So first things first, I see I see us boom sweeping out these highs. >> Next I see a break. So, what I'm thinking is I want to wait to see a retrace to then target boom these lows. But >> retrace retracing the shorts. >> Yes. But that's that's what I see on like the higher time frames. On the lower time frames, what could we also potentially be doing? We just took out this low, this low, and this low. So, what I'm going to wait for is exactly the position that we were in on the last trade that we took, which is we have manipulation right here. We have the breakdown, but also on this breakdown, we're taking out these lows. So obviously, no matter what, price needs to move up from here. Whether it wants to sweep these lows and push higher or retrace to push lower. And the decision point is going to be right here, right? It's going to be when we retrace, do we break down lower? That's where I'm going to be looking to enter short. or do we rip up, push past this high, then retrace, and then boom, look for longs. Yes, exactly. So, that's what I see right now. We'll play it. It's 1 minute in into a market open. So, we can stay and we can be patient with this. So, we push lower. We're pushing lower. We're just dumping. Just dumping, which is okay. We took out all of these lows. We still We still have this low, which is available. >> It didn't It didn't take it. >> So, again, this is up. >> I think it broke it. >> Yeah. Yeah. So, it took it took this low. But again, I'm just going to keep letting this play because we want you to be able to take take the trade. So, just tell me when to stop and what you want to do. Or tell me what you're thinking right now. Just looking. >> I would I I'm I'm longing that [ __ ] right now. >> Right now. Why? >> Because low. I'ming that [ __ ] >> You're longing that? Why? Zoom in a little bit. >> I'm waiting. I'm not longing that [ __ ] >> Okay. Just tell me. Just tell me when to pause. Pause. >> I just broke another higher high. >> I think I'm entering shorts right now. >> You're entering shorts. >> Yeah. >> Why? >> Takes higher highs have been broken. I think it's time to go the [ __ ] down. >> You didn't use a single thing that I taught you. Okay. Bro, >> so low. >> Oh my god. >> It broke the one thing that's [ __ ] with my head now cuz when you look at the the whole chart, right? >> Yeah. >> It broke that lower low [ __ ] hours ago. >> Yes. >> I've never looked at a chart like that. >> That's how you have you need to start stop looking at just what's happening right now and look at the bigger picture. >> All right. So, if it broke that low, I'm getting in longs. >> What? Why? I need you to be able before we end this video, I need for you to explain to me properly using the confluences why you are entering into a trade and if and for it to be correct because I know you understand these things. I just need to see you put them together correctly. >> Ready? Manipulation. >> Why would that [ __ ] just [ __ ] tanked, >> right? It dumped. Yes. >> Okay. Then we broke the low lows. >> Yes. >> Then we are about low. We broke all the highs and then it dumped again. Retrace. I'm shorting it. Okay, >> I'm shorting it. Yep. 100% short. >> Okay. Where do you want your take now that we'll do like a proper trade? Where do you want your take profit to be? >> Uh 29640. >> 29640. Okay. Where do you want your stop loss to be? >> Um 29900. >> 900. Bro, >> we never get out. >> Bro, you're risking $4,000 to make $1,000. Bro, YOU GOT TO [ __ ] RISK MONEY TO MAKE MONEY. >> I KNOW, BUT BRO, the whole point of trading is risk less money than what you you end up making. Cuz if you end up losing, then >> Okay, so let's put the Let's put the the stop loss at 298. 298. >> Okay, you're still Okay, [ __ ] it, bro. We'll just You're This is a horrible >> two for one. Two bands for one. >> That's not a good deal. You're losing $2,000 to make $1,000. That makes no sense. That's like That's like me saying, "Yo, play me in rock, paper, scissors. If I win, I make $1,000. If you win, you make 500 bucks. You would be pissed, right? >> Yeah, but like no risk, no reward. >> I know, but wouldn't YOU WANT? >> NO, I DON'T KNOW. MY HEAD'S [ __ ] NOW. I DON'T THINK I'VE EVER placed a actual stop loss. >> Okay. All right. Okay. This is fine. [ __ ] it. [ __ ] it. [ __ ] it. We'll just do it like this. Okay. Let's play it. Let's just see what happens. Let's see if you you end up being correct. >> I [ __ ] knew it was longs, bro. >> [ __ ] a, bro. I knew it, bro. I should have trusted my gut. Oh my god. Just like that. Nope. Nope. [ __ ] retrace, [ __ ] Watch. It's going back down. That's a perfect stop loss. >> Watch. Watch. We're hitting TP on this. I'm 100% certain we're hitting TP on this. >> If this hits take profit, I I'll actually be mad. I'll actually be mad. All right, bro. Let's hurry this the [ __ ] up. >> Swear to God, this shit's hitting TP. I swear to God, it's hitting TV. >> No, bro. You got stopped. >> Hey, bro. It wouldn't have hit TP if I would HAVE KEPT THE STOP LOSS AT [ __ ] 299. >> OKAY. SO, want me to explain where you went wrong there? >> Please do because I'm [ __ ] my head is [ __ ] right now. >> So, it wasn't a bad idea. The only So, all of the steps were correct. The only problem is we were just so deep into the downwards move where we had already taken out these lows, right? So, just like how we like to use these lows, these liquidity sweeps as entries, that's where the market likes to exit. So, up here, we saw manipulation break, right? So, we see orders filled. This is this is another concept that I'll teach you super quickly cuz it's already based off the [ __ ] that you already know. So, we see short orders were filled right here. How do we know that? Because we broke past these lows. Where can we end up? Cuz if we entered shorts, what do we have to do in order to make money? We have to buy it back for a lower price. That's how we make money on shorts. So where is the market going to be able to buy back for a lower price? Underneath lows. Why? Because people are pressing sell underneath here. So what does that give the market makers the the opportunity to do? Fill their buy orders. So if they entered their sell orders up here, these are going to be their targets where they can take profit. So knowing that, we know that if we wanted to short, we would have had to do it before it took these lows. Why? Because this is where the market could offload the orders that it filled up here. So once it took these lows out, so again, taking shorts right here, if we hadn't hit these lows, if we had some good lows right down here, would have been per would have been perfect. It would have been perfect. >> That low low. Yeah. Yeah. Yeah. So, so, so what we just did here, what did we end up doing? We took these lows, took these lows, and then when we swept those lows, what is that now? Another form of manipulation. And then what did we do? We broke the high, we retraced, moved up. That would have been good longs to then target maybe like these highs or even something up here. >> It's adding up. It is adding up. >> Okay. Yeah, we're going to do one more. One more. One more chance here. Okay. We're going to do Monday. Monday. Okay. So, this is 3 minutes into market open. Let me just put this here. Okay. Ready? We'll go high. We'll go high time frame. This is just high time frame so you can see what's going on. Okay. So, we dumped down and we just took out these lows right here on the hourly time frame. Now, we're on the 5minut time frame after taking out all of these lows. >> Really high. It's on a really big downward trend. >> Okay. So, look at price right now. This is the market open candle. >> Just broke another high. I'm shorting. >> Okay, >> I'm shorting TP, >> bro. The market just opened. Remember, what does the market like to do within the first 10 minutes of market open? >> I know. Manipulate. But if you catch it, that one you're paid. >> Okay. So, why do you want to short here? >> Because, zoom in a little bit more. The most recent two two candles ago broke highs. The blue one broke that high. >> Yeah. >> From minutes ago. Those last two didn't. It's about to go down. >> Okay. But you're just using the the first thing which is a liquidity sweep. So sure, we swept out these highs, but how do we know? Yes, but how do we know that that it's going to use these highs to send price lower? We don't know that yet because we haven't seen confirmation and we haven't even seen a retrace. >> I feel like like if I'm just full porting market open, it's either like one or the other. Like if I sit and I Yeah. No. Okay, I got to stop doing that [ __ ] [ __ ] bro. That shit's going to do nothing but bring me down, bro. Dude, if I showed you my P&L for the last month, I'm telling you, >> that's why I'm trying to help. That's why I'm trying to help. Okay, so let How about this? How about this? Let's just play the market and then tell me when to pause it and then we'll see what you see. Cuz let's cuz we're we're 2 minutes in the market open. I think the biggest thing right now is your patience. Cuz I think we you just need to be a you need to start watching the market do [ __ ] without feeling the need to do something. So, what we're going to do is we're going to play the market and you're not able to press buy or press sell. >> Okay, just wait. Okay, be patient. What do you want to do right now? >> I'm waiting now cuz it just now it's on the upward trend to where it's like you don't know how [ __ ] high that [ __ ] can go. Okay, it's doing that straight line thing. Now it's doing the little little ticks. We haven't broke a low low yet. Broke the low low. Want to retrace now. Broke the high high. >> Should have bought already. Yeah. >> Why? >> After we broke that low low, >> you should have bought already. Why? Because this right here was a high time frame low. We get a big sweep down. And not only that, we sweep another set of lows right here. >> Exactly. That's when I would have bought right there. >> No, no, no, no, no. Not when we sweep out these lows. Why? Because that's catching a fall falling knife because price is coming down, down, down, down, down. We don't want to We don't want to buy then. What do we want to wait for? We want to wait. Yes. But first, what do we need? A break of structure. This is the high. We break it. Then what did price do? It came down. It retraced and then it closed up. That's where I would have wanted to buy. And at that point in time, >> I was looking for closure. >> Yes. Closure. Closure. Because if we wait for the candlestick closures, then that gives us confirmation. >> Yeah. >> But that's okay. That's whatever. That that was just like the first little bit. Let's just let's let's keep seeing cuz boom. We're only 20 minutes into market open. There's still opportunities here. So, just tell me when to pause it and just tell me where you think price is going to come. Okay. pause. >> I I Yeah, I'm I'm I'm shorting it. >> Okay. Why? >> After that last high break. Wait. Oh, it didn't break it. That black one? This one? The one above it? This one? >> Yeah, that one. It didn't break the one to the left. >> Yeah. Yeah, it didn't. I'm waiting. Okay. Pause it. I'm shorting right there. Right there. Right there. >> No, it's the opposite. Okay. You should have I kept I even was making the mistake cuz I was pausing it for you cuz I thought you were going to say bye. Why was this? Okay. Ready? Let me show you. The first opportunity to long was where? Right here. Why? >> Yeah. Yeah. I I I noticed that. I noticed that. >> Okay. Okay. Okay. Why? Cuz we swept the lows. We broke structure. made the retrace, got confirmation. Then what happens? We get another high time frame retrace. What do we do? We sweep out the lows. Then what? We break structure to the upside. Then what? We get the retrace and extension. Boom. >> Buy again. >> Buys. Yes. Let it let it paint the picture for you. I think you you get I think you get you're so stuck up on when it pushes past a high, that's when you need to press sell. I don't want you to think of that anymore. What I want you to do is I want you to look at the market and wait for it to paint this exact picture. Okay? This is when you're going this is when you're going to go short. When the market does does something like this, we have a high right here. When the market does this, that's when you're shorting. >> That's when you're going short. Right here. When the market when when the market paints this picture. When the market goes up, boom, boom. That's when we're shorting. When the market paints that picture, >> when are we longing? When we take out a significant low, boom. When the market paints this picture, >> that's what you're referring. >> If we grab this picture, boom, and drag it down over here, we can see that this picture matches. >> It's the same [ __ ] thing. >> Yes, it is. We get manipulation, break of structure, retrace, extension, higher. That's what we're looking for. So, wait for the market to paint that picture for break of structure confirmation. Click the button. Get paint. >> Okay, last last try. Last try. Let's do Let's do Friday. Let's do Friday. Market open. I'm I'm waiting off rip. Okay. I'm I'm staying patient. >> Hold on. Hold on. Yeah, this is market open. Okay, cool. This is market open. What do you What do we see so far? >> Nothing that I like. >> Nothing that you like. Amazing. Okay. >> So, we'll play it and then let me know what you see. Manipulation. >> Pause it. It's going to Okay, now it's retracing. >> Okay. Well, it's still what? One about 1 minute into the market open. >> M like 7 minutes. >> Hold on. Continue to play. >> Yeah. >> Pause. Yeah. >> You're shorting. You're shorting right here. >> Yeah. Right. Right at that blue tick. >> Okay. Where do you want your stop loss to be? >> Stop loss. Let's do 29. 29840. >> Okay. Stop that. >> About 2100. Yeah. And then let's do TP about 29. Let's see the profit on 29640. >> Okay, that's decent. So, like a one Yeah, one one to one risk reward. Okay, [ __ ] it. I Let's just see. Let's just see how this plays out. Let's see how this plays out. [ __ ] it. >> Sit back. Relax my feet up. I know TP banged. >> I ain't worried about that. Retrace. Retracement. Bring me back home. Oh man. Just like that. Just like that. He'd be [ __ ] [ __ ] >> Okay. Yo, so good job, bro. Good job. Now, explain explain why you took that trade. >> Uh because of once I sat back, became patient, you know, observed, seen the manipulation, waited for the retrace, found the confirmation, clicked the button, and got paid. >> We could have just kept it as simple as wait for that picture to play out, right? Mhm. >> Keep keep it as simple as that. That was great. >> I've never thought of this. I've never thought of a chart once in my life as a picture. >> You need to wait for it to paint that picture because once that picture gets painted, it tells you everything that you need to know about where the market wants to go. So, >> I personally I personally wasn't the biggest fan of pressing short right here. I probably just because but that's that's my person that's my personal preference. It was like the the overall bias was obviously shorts for me. I probably would have waited until like 9:50ish at least because I just wait till the first 20 minutes of market open is done to be able to place a trade. And I probably would have waited until we got But granted, your entry was actually better than what mine would have been. I would have entered short right here and then taken it down to pretty much the same takeprofits as as you had. Let's see cuz you only set one takeprofit. Let's see if the if it continues down for the rest of the day cuz I'm pretty sure yeah it wanted to go down and take out all of these lows. So that would have been pretty much like uh a really really solid trade if you took profit right here, right here and at all of these other lows. Boom. Yeah, that's like a [ __ ] trade right there. >> That's good, bro. That's good. Okay, honestly. Yo, I think mission accomplished, bro. You did you learn something today? >> Can't [ __ ] wait for the market to open. That's awesome, bro. Okay, cool. So, look, we're going to get this get this video out. First of all, guys, I appreciate everybody for watching. If you guys haven't sub to Brick's channel, you guys should go follow him. Brick Boy Dior. Follow him on Instagram, Tik Tok, YouTube, all that [ __ ] because he's documenting his trading journey and he's super entertaining while doing it. But also, if you guys want to see us do part two of this video, drop a like, drop a comment, and then also please subscribe. I love and appreciate you guys. Stay tuned for obviously more of my trades and more videos from me and stay tuned for more videos from Brick as well.