Professional Trading - SECRET TRICKS That Work (they will be mad that I told you this)

"what that means is that if this market can get back up into that level without breaking and closing... if we get back up into this zone in through here that is a great trading opportunity for the way I trade and the rules that I have no that means so only euro dollar you can see that we actually had a zone pointed out on this currency pair at around 1:15 excuse me 114 5 that's really the area we were looking for in this zone is what we were saying we were waiting on the market to get back up to in order to give us an opportunity to go short in trend continuation on this specific currency pair"

"we literally got right there at the bottom of that zone I think it's 7 pips away or so so we got within 7 pips of being highly accurate in this situation and what we're gonna do is take a look at how we could have taken advantage of this on lower timeframes"

"down here on the 15-minute chart we come up into this zone and these zones are so powerful that at times I only look for double tops and double bottoms in these zones and of course I have a few different significant rules that go along with those double tops and double bottoms but right here as you can see the market coming up for that one 14:5 area... we got a double top we got some RSI divergence we had an overbought market as well and then this market fell off pretty dramatically"

"on the euro dollar right here we have a market that's pushing down right we have exactly the situation that we looked at up above while we were just drawing it out we have the push up this is on a daily chart by the way we have to push down would this be considered a significant break of this level of support well yes I would consider that a significant break after we get that significant break what are we looking for the market to pull back into that level of support right there what happens we pull back into that exact level of support now we'd be dropping down to lower timeframes looking for specific trading strategies"

"now is this a significant break or this be more like example number two of barely breaking a support level I would call this barely breaking the support level right since we barely broke the support level what are we looking at as our significant level of structure the previous level of resistance now pay attention to what the market does the market pushes up gets to that previous level of resistance and then pushes down"

"on the daily chart here on the New Zealand dollar what are we looking at if we use the same exact analysis that we just talked about... the high being all the way up here I would count that as a significant break of the structure level so if we break a structure level significantly on the daily chart then what am I looking for well I'm looking for a pullback into that structure level"

"the reason you see a live trade on the chart is because at this situation I drop down to the one-hour chart and I'll actually make this bigger so you can see it... and here at this level any of you who are familiar with price action patterns should be able to see what I'm seeing here on this specific chart at this level of structure again that's not all I needed if the market just would have got down to that level of structure I wouldn't have placed a trade randomly I want to see a very specific strategy whether that's price action patterns candlestick patterns whatever it may be and what happened here is on the one-hour chart we pushed down we got a shoulder now you know where this going right we got the neckline we got the head the finishing touches of the neckline and the shoulder what happens then well then I see a specific price action pattern actually on a lower timeframe that I'd like to see and I decided to enter the market because of that I have a stop-loss below the shoulder here and I have my first target set at a one-to-one risk/reward my second target is going to be somewhere up here at resistance"

"for me personally I trade on the one hour and for our charts considering that I trade only one hour and for our charts this right here signifies daily levels of structures what I'm doing is looking at a daily chart what I'd love to see on daily charts is a market that has a significant break of support because at that point I know exactly what I'm doing I'm waiting on the market to get back up to that previous level of support before this significant break and that's where I'm looking for trading opportunities but not on the daily timeframe unless I get a very specific and an odd situation entry reason then I may enter on the daily chart but most of the time I'm dropping down to the 4-hour chart or the 1-hour chart and looking for really specific entry reasons around these areas of structure"

"if you are a day trader maybe you don't swing trade on for hour and one-hour charts but maybe you trade let's say on the 15-minute or the 5-minute chart if that's the case then you would want to do this type of analysis this pre-emptive analysis to spot out these major levels of structure that you can trade around you want to do that on a four hour or one hour chart because that's gonna be a lot more applicable to your trading time frame if your trading time frame again is the fifteen or five-minute then you won't this analysis to happen only four hour or one hour chart"

"for the next four days we're gonna be showing you guys a very accurate rules-based breakout strategy again it's only for the next four days but I want to release this to you for free just so you would really understand how to create a rules-based strategy and in that video I'm gonna be breaking down an entire rules based strategy by the end of it you'll have another breakout strategy you can test in the markets"

"if we're trading on a four-hour one-hour chart let's say you are a swing trader - what you're gonna be looking for is a market that has a significant break of support or resistance... so in a downtrend we're looking for the significant break of a structure support level then we want the market to pull back up to that support level directly afterwards you want to go down to a smaller time frame start looking for any specific strategy or entry reason that you normally trade and that you've tested through historical data"

"if we get a move like this and not such a significant break say the market barely breaks this level of support then we're not looking back at support at that point we're not looking at this level for trading opportunities but this right here this level of previous resistance becomes a major level of significant structure that we can use in order to place trades around on lower time frames"

"if you are a day trader let's say you trade your trading timeframes for 15 or 5 then this right here would be the 4 hour or one hour analysis you would do"

"a bullish example would look something like this on a daily chart we get a major level of structure that breaks and we get a major above that level then we get a pullback to that level lower timeframes looking for trading opportunities if we get a small break of a level of resistance that would be considered a small break right there then we're waiting for the market to pull back all the way to the previous level of support and that's where we look for possible trading opportunities"