Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry)

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

In this video,

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

I'm going to go over the four steps that I follow under every single trade that

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

I place.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

And this is something that is so important because it's a layered approach that covers

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

every single aspect of what a system should have.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

It keeps you out of the unnecessary losses.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

It controls your overall trading and gets you on side with

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

high quality frameworks.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

This is also a process that is repeatable in the market.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

So after you understand it from this video,

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

you can go out on your own and seek these opportunities.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

for yourself getting right into this we're going to start with an overview of these steps

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

and the first one is going to be framework this is where we're looking to use

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

a higher time frame alignment to set a bias and a idea that

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

we think the market can move directional on a certain day

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

That's going to start with using the daily timeframe.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

I don't go above that to the weekly or the monthly because I feel those are too

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

high of a timeframe in terms of short -term trading because we're looking to capture

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

an intraday opportunity.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

And when you think about the weekly or the monthly,

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

if you're trying to make an assumption on that timeframe,

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

you could be trading in the wrong direction or with the wrong bias.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

for a week or for a month.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

And that is pretty damaging for an intraday approach.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

So when we use the daily chart,

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

that is the timeframe that we're looking to focus on because we can

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

go in and out each day as the market develops,

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

take in new information and adjust if needed.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

I'm also not going to drop below the daily timeframe because then we're getting too

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

much detail that's not giving us the full picture of what we should really be

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

focusing on because the goal here is to capture expansion daily

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

candles.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

Once we're on the daily,

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

I'll show you what I use to actually navigate that timeframe and how I'm setting

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

the direction and rules around which days and which side of the market I'm looking

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

to trade.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

The second step is confirmation.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

This is where we've set an idea previously from that daily chart.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

Now we're looking to confirm it inside of the day we're potentially going to

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

put on a trade.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

Confirmation is one of the most important steps because it separates

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

idea from execution.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

And we all know that when it comes to your results,

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

the execution and the actual decision you make on that idea is

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

what truly matters.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

So framework is setting the idea,

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

not predicting the market,

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

but saying this is in a framework that can deliver this move.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

But I need a confirmation.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

If the market develops in this way and I use daily profiles as

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

the confirmation,

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

then that's saying the framework is being aligned.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

The market wants to move in that direction.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

And I will then consider executing on that trade.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

The third step is entry.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

This means we have a framework off the daily that we know is confirmed

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

by a daily profile.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

So an idea has turned into something that is actionable.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

because the market has confirmed and said,

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

I'm going to move in this direction.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

Because of that confirmation,

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

I now want to seek an entry to position inside that market because

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

the edge was presented to us.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

The final step is management.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

And this is where a lot of people make mistakes.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

Your management is how you're making profit on your trades.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

It has to be done in a way that allows your trades to work out,

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

but also is protecting the downside in the cases that you are incorrect.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

So I'll share with you exactly what I look for,

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

a process to avoid micromanaging trades because that is the number one

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

mistake that most traders make and show you how I'm bringing my trades to

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

a profit target to maximize the value.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

Here, we're gonna walk through these steps with a real example of a trade that I took from this past

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

week.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

And it's gonna start with the framework.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

Like I mentioned before,

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

that is step one.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

Framework is going to be focused on the daily chart,

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

which is what we have here.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

This is Monday's daily candle.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

And I personally let Monday go and allow that to provide context because

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

what Monday does within the current week tells me about what Tuesday

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

should do.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

And this pairs alongside my approach.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

with relevant swings relevant swings are the understanding of which daily highs

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

and lows in the market are meaningful and the idea around them

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

is that we're looking to pull from the extreme highs and lows on the daily to

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

the point that where if price engages them there is not another daily higher

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

low in close proximity that i have to be concerned with so i know that the

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

reaction there

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

is truly meaningful and that is telling me about what i should expect for price

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

going forward so where are the relevant swings on this chart looking left

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

here from monday we can see we have a relevant high that was engaged and

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

i can say this is a relevant swing because there is distance to this next

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

high here and then off the lows we have that same idea of a daily swing

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

point that has a large separation from that next daily low so

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

when price engages here

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

that is relevant that is meaningful in the market and what is it showing me because

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

i can pull from these two ideas the two separate ways

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

that the market and these daily candles engage with relevant swings and the

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

first is going to be a manipulation and that's what we're seeing in the previous

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

week close this is friday's daily candle from the previous week we

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

traded down into that and you can see in the

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

wick of that daily candle that's reflection of a manipulation because we're closing

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

aggressively back into the range after manipulating what is a relevant

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

swing that there is a signature for me to assume a reversal and

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

monday is confirming that idea for two reasons one is because monday

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

is expanding higher that is confirming that we have manipulated this low and are in

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

the continuation but also because this is a relevant high how

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

did price engage there

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

we didn't have that manipulation signature because we didn't wick and close back

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

into the range we had a deep daily candle closure through that relevant

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

high and that is signaling at a continuation when the market fails

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

to manipulate we assume the continuation at a relevant swing so

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

that following day if monday expanded and put in the low we have a

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

manipulation from the previous week a continuation signature of

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

that relevant high

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

then on tuesday i can assume another day of continuation here

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

we'll have this in text so you can see it visually the low is a manipulation

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

that signals a reversal the relevant high that we engaged is

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

a close through and that shows a continuation we can also bring in

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

the fact that we have these highs above that is acting as its own relevant swing

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

but we have failure swings up to that point so we want to see the price

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

draw into failure swings because we're trading away from manipulations

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

trading into failure swing so this becomes a target we now

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

have something to trade away from we have a reason to assume the continuation and

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

we also have something to trade into which are these daily highs here this

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

here is showing my expectation for what i want to see on that following

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

day so think about when i was talking about framework it's an idea i

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

know because the market did this that i should assume and expect the

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

following day to do this

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

But we're going to be looking for our confirmation.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

So it's going to be a Monday,

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

putting in a low continuing Tuesday continuation up into these highs.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

And 50 % here is from the low to high of Monday's candle,

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

that entire daily range.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

And I want to see Tuesday put in a shallow opposing run,

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

a small wick in respect to 50%,

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

because that is going to hint at supporting the expansion move into these highs.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

So that's my invalidation point,

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

wanting to see a low of day on Tuesday form above that level.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

and then we can look to trade up into those highs so this is the idea now

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

we move on to confirmation as you just saw in that analysis post our ideal

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

development of this day is seeing that shallow opposing run from the daily

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

opening price and then going into new york seeing if we have a bullish daily

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

profile aligning with our bias that we can then say this idea

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

is being confirmed we can then move on to entries

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

This is a representation of that daily opening price for the day.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

We have that shallow move from the daily open and establishing

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

a low that was traded off of in respect to 50 % of

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

that previous day range that we set in Monday's daily candle.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

That means this is supporting the idea that we can see a sustained expansion

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

move through that daily opening price into the upside and into our target

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

at the highs.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

The logic behind this is that shallow opposing runs

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

create expansion candles when you look at your chart on the daily when you

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

see these large range moves they're going to start with a shallow run from that

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

daily open versus when we see these large wicks indecisive days

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

or small range days you're going to have these really large moves from

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

that daily open and then intraday you get this range slow indecisive

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

price action that ends up closing back in the range

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

the way the price moves from the open of that daily candle is

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

telling you and giving you hints how the rest of that daily candle will print

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

on the chart so when i'm opening my charts in the morning into the new york session and

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

i'm seeing that shallow opposing run

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

forming a low and trading off of it i'm viewing it as the wick of this daily

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

candle is established and now i'm looking to position for the body

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

and the expansion to take place up into my objective we're also going to be pairing

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

this with the daily profile we see the london session made a low

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

and reverse price expanding off of that low

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

And then during the New York session,

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

we were seeing the development of a potential continuation.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

So the London reversal is one of the three daily profiles that I look for.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

And to me,

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

it is an ideal daily profile because it sets the New York session as a continuation.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

We're confirming this idea of the bullish London daily profile by

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

looking left in price.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

First, starting at that low of day,

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

we have down close candles forming the low.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

We go back up to that opening price,

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

draw that out.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

We have the close above.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

That is the change in state of delivery.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

That's our reversal confirmation of the low of day.

9:41

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

We expand off of that point into the New York session.

9:44

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

We've run out a short -term low,

9:45

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

formed opposing closed candles.

9:47

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

And then we are looking for price to get that continuation signature because I

9:51

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

do not enter on the reversal.

9:53

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

I don't need the high.

9:53

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

I don't need the low of day.

9:55

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

I want to capture the continuation and be on side for the expansion.

9:58

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

Think of the body.

10:00

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

of that daily candle so this is the signature that i'm most focused on

10:04

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

and since it's not yet confirmed we need the closure above this series of

10:08

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

down close candles we know that that next candle is at 9 30 so we're

10:12

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

being led into the 9 30 open which is not an issue but we understand

10:16

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

volatility is going to be hitting the market at that time that can even act as

10:20

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

confluence if we do end up getting that closure above which is going to provide

10:24

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

us the entry signature that we're looking so we'd have the framework

10:28

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

We'd have the confirmation in the daily profile and we'd have our entry signature where

10:32

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

we'd be protected in that market,

10:33

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

placing our stop loss and setting ourselves along for that ride for

10:38

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

that daily candle and that bias to play out.

10:40

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

Now we can introduce each pair across the indices market.

10:43

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

We have ES and Q and YM.

10:46

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

Before the open comes through in the market,

10:48

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

my focus is solely on ES and NQ.

10:51

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

This is where I'm setting the framework,

10:53

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

getting my confirmation.

10:54

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

This is how we're staying one sided in the market.

10:57

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

I know I'm looking for the upside and I'm pulling that directly from ESNNQ.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

However, when we get post open because we're being forced into that to

11:06

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

seek the continuation entry,

11:07

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

which was not yet confirmed.

11:08

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

Now I can introduce YM because this is a time of the day

11:12

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

right at the open where YM can provide us extra context for which

11:16

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

pair is stronger,

11:17

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

weaker.

11:19

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

which one i should be focused on which one is providing confirmation it's giving me

11:23

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

an idea that i want to see after the open before it

11:27

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

i'm not as concerned but once we get after open this is where i'm starting to bring

11:31

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

this idea in and what we see here is extremely important what

11:35

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

we had on yes is we're looking for this closure above but post 9 30 it's

11:40

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

not getting that closure which is not validating the idea so it did trade above but

11:44

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

we're waiting for the candle to close which it didn't

11:47

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

We have NQ,

11:48

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

we're bullish,

11:49

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

being the weakest pair coming back down into that intraday low.

11:53

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

All we see YM all the way to the right is providing that closure on

11:58

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

the signature exactly as we were looking for on ES initially.

12:02

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

This is giving me an idea on a few things.

12:04

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

The first is that ES is not validating the idea,

12:07

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

so I'm not entering there.

12:09

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

But I'm also looking at NQ as the weakest pair across the indices.

12:13

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

the framework and the bias is still bullish that is not going to change

12:18

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

because of some intraday price action but what i'm seeing here is when nq

12:22

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

is the weakest pair that intraday low is meaningful that's

12:26

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

a relevant swing on an intraday basis there is nothing below that intraday

12:30

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

low that the weakest pair needs to run out

12:33

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

before reversing back higher so we're manipulating a very important low

12:37

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

in the market on that weakest pair while the strongest pair is validating

12:41

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

that signature that's telling me two things one is we're creating a

12:46

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

divergence and expecting that because the framework is bullish nq will then start

12:50

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

to turn on the weaker pair and because it's going to start to turn we have that divergence on

12:54

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

ym we have it stronger so we assume better follow through but

12:58

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

i can position on ym because if the weakest pair is reversing

13:02

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

The strongest pair is going to expand,

13:04

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

and that's protecting my stop loss when I'm going to look to enter on this and place

13:08

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

it at this opposing swing.

13:09

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

This is where we can compare NQ and YM together,

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

lower low on NQ.

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

higher low on YM.

13:16

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

This is validating the idea,

13:18

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

getting that closure above.

13:20

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

That's the entry signature and the pair because it's stronger that

13:24

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

we're looking to position on.

13:25

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

Finally, we have that confirmed closure.

13:27

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

930 acts as a confluence.

13:30

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

So I like to see that 930 is supporting that idea,

13:33

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

getting the closure above.

13:35

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

Once price gets that new candle open,

13:37

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

confirming this closure,

13:39

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

I am then taking that as an entry.

13:41

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

stop loss on the other side of these down close candles and i'm looking to position

13:45

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

for that expansion move up into the highs one important thing to note here is that

13:49

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

i am taking my entry right on the open of that next candle i

13:53

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

am not waiting for the retest of these opposing candles because there

13:57

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

is not a guarantee that that is going to happen this is a good example that

14:01

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

it does retest but there's also going to be times where that's not the case and

14:06

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

i'm not going to allow a few points

14:07

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

be the decision maker if i take a winning trade or not i've done all this work

14:12

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

on the daily the daily profile waiting for the right entry choosing the right

14:16

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

pair this is not going to be the difference between that trade or not i'm

14:20

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

willing to give up a few points if the risk reward still makes sense on the open

14:24

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

of that new candle i am taking that entry ensuring my position in the market because

14:28

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

this is not a guarantee nor does it change the probability of the outcome so

14:33

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

i want to get inside that market and position for the move

14:36

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

the fourth and final step is trade management we have the framework from the relevant

14:40

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

swings manipulating the low continuation through the high a

14:44

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

draw of failure swings above we have the confirmation of a london reversal

14:48

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

daily profile we have the entry signature after open with confluence

14:52

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

and choosing the right pair now we need to manage that trade allow it

14:56

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

to work and bring it to our profit targets and maximize the value that

15:01

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

we're being offered

15:02

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

The first and most crucial part to trade management is I want to get out of

15:06

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

the way of the market.

15:07

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

The biggest mistake and the one that I was referring to earlier is micromanagement

15:11

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

of positions before they either work out in your favor or stop you

15:15

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

out at the invalidation point that you set.

15:18

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

One way to do this is by setting a risk to reward threshold,

15:21

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

whether it's 1R,

15:22

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

1 .5R,

15:23

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

and saying if the market does not reach to that objective or does not

15:27

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

stop me out at my initial stop.

15:29

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

i am not touching that position i need to be either proven wrong or

15:34

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

i need the market to start working to some extent before i start touching that position

15:38

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

so i don't knock myself out before this begins to play out fully we have a

15:42

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

relative example of that here where the market ranges around my entry

15:46

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

for around 20 minutes and this is what i'm talking about where a lot of people may see that

15:50

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

as this trade is not working out i need to exit this and then suddenly it's working

15:55

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

right in their favor we want to completely avoid that as a possibility as

15:59

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

this starts to break my initial target is a risk to reward based i

16:04

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

want to see 2r on my trades that is a baseline for what

16:08

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

i'm looking for i'm a lower frequency trader so one to four trades

16:12

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

per week i want to be reaching for 2r because i want to be rewarded for that

16:16

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

patience that's where i'm going to take my initial scale so let me make that little bit

16:20

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

of a retracement that move back up

16:22

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

this is not concerning to me but once we get there at 2r that's

16:26

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

going to be my majority scale meaning i'm taking 50 or more

16:30

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

off of that position but i'm going to let some run because my trade management is

16:34

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

not fixed it's dynamic meaning in this context i'm

16:39

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

assuming that even past 2r there's room on this trade

16:42

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

Because we're thinking back to that price objective.

16:44

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

We still have those all -time highs open.

16:47

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

I'm on the leading pair in strength.

16:49

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

So I want to see that continued follow -through to get to this high,

16:52

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

which you can see here,

16:53

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

we eventually did.

16:54

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

That is my final take profit because this in itself is

16:58

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

a relevant swing.

16:59

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

It's an extreme of the market.

17:01

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

There is not another high above that in relation to price that I need to be concerned

17:05

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

with. So once this is reached,

17:06

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

I'm using that as a profit target and closing fully out.

17:10

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

This is that full trade example here.

17:11

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

We get that to our scaling out initially,

17:14

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

trailing that stop because we formed an opposing candle in that continuation

17:18

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

that was closed through so I can protect risk,

17:21

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

allowing the rest of those contracts to play out.

17:23

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

And now I'm out fully at that high,

17:25

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

that all time high target that we set in the previous day saying price should

17:29

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

draw here.

17:30

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

And because that's a relevant swing,

17:31

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

I don't have any expectation beyond that.

17:33

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

Once that strongest pair hits that target,

17:36

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

I'm getting added value.

17:37

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

beyond my 2R because my trade management is not fixed.

17:40

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

And I'm taking that extra profit,

17:42

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

closing it out.

17:43

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

And that is the end of that trade.

17:44

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

With an overview of the four steps and the trade recap out of the way,

17:48

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

you now have an understanding of what a real system should include.

17:51

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

Those four core principles that have a real purpose and intention

17:55

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

behind them.

17:56

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

Now, what I want you to do is go back into your own charts,

17:59

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

start on the daily,

18:00

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

look for those relevant swings.

18:02

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

practice identifying them and see what the reactions are there and what that means for

18:06

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

price going forward,

18:07

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

because that's your first step in setting the framework.

18:09

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

Then once you have a bias,

18:11

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

look for a small wick opposing run on that daily candle in

18:15

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

alignment of a bullish or bearish daily profile,

18:18

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

because that's saying my idea is working out and the market wants to move in

18:22

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

that direction.

18:23

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

If you have a confirmation,

18:24

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

then you move on to entries.

18:27

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

The key with this here is in an expansion daily candle,

18:30

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

which is what we're trying to capture in that continuation,

18:32

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

the expansion move opposing candles that are close through are

18:36

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

going to be respected in the continuation.

18:38

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

That is the idea that you really want to note.

18:41

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

Then when it comes time to manage that trade,

18:43

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

you want to remain mostly hands off until you're either stopped

18:47

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

out.

18:48

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

or you reach a certain risk reward threshold.

18:50

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

You're targeting 2R,

18:51

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

but there's potential for more on that trade based on what that day and what price

18:55

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

is telling you.

18:56

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

And through time and repetition in doing that,

18:58

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

you're going to find a lot of consistencies,

19:00

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

both when looking back in price,

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S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

but also in a live market.

19:03

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

And that's going to play into how you execute trades going forward.

19:07

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

With that said,

19:08

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

that is everything I have for you in this video.

19:10

S… Speaker 1 (Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry))

I hope you found it valuable and I will see you in the next one.

Clipto AI Video Downloader The 4 Steps Behind My Trading Strategy (Bias to Entry)

Samandráttur

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