2 PD Arrays · ANALYSIS

0:00

all right perfect yes so let's start

0:03

with the first educational content

0:06

concept-wise

0:07

video now before we actually get started

0:10

I need to address three things first

0:13

thing being that if you have not watched

0:15

both intro videos so that's is the intro

0:17

video of the mentorship itself and that

0:19

is the intro video of the house rules so

0:22

the new enrollment intro video which is

0:24

above this video that is very important

0:27

otherwise everything we are doing here

0:29

can be actually seen as useless if you

0:32

do not understand those house rules and

0:34

that intro video that's very important

0:37

then the second thing is that if

0:39

anything doesn't make sense right now

0:41

then that's okay that is perfectly fine

0:44

it probably will later on so the way you

0:48

can see this the way you can view this

0:50

manip it's truly like a book it's a t

0:53

show where the the the plot twist at the

0:56

end of the TV show doesn't make sense at

0:58

the beginning of the TV show so with

1:00

every video that we go by that we go

1:03

over the story makes a lot more sense so

1:07

we build onto every previous video we

1:10

build onto the story the story doesn't

1:12

all of a sudden start all over again no

1:14

we build onto the previous story that is

1:17

very important to understand so at the

1:19

beginning it might be a little bit vague

1:21

over time over a period of time it will

1:24

make a lot more sense very important

1:27

then the last thing before we actually

1:29

die into it is that these videos are not

1:32

edited and the reason for that is

1:34

because you might expect a lot of edited

1:36

videos here on the menhip which is just

1:38

not the case and the reason for that is

1:40

because because I don't want to distract

1:42

you with anything and I need you to

1:43

understand my full thought process

1:45

behind things very important then we can

1:49

dive in so the story starts here all

1:52

right now the story starts with BD arays

1:56

premium and discount eray I already

1:57

assume right here that you have some

2:00

some basic knowledge on certain PD Rays

2:04

doesn't have to be Advanced extreme

2:06

knowledge just basic knowledge of PD

2:09

Rays so these PD arays are very

2:13

important and the reason why we start

2:15

with them is because these are the

2:17

foundation they create the foundation of

2:20

your trading so if we State them and we

2:24

State the foundational levels that if

2:27

you understand these foundational levels

2:30

you can be a profitable Trader and when

2:33

I say you need to understand these

2:35

Foundation levels I mean that I can ask

2:38

you a question about any of these

2:39

foundational levels and you fully

2:42

understand why you're using it where

2:44

you're using it when you're using it all

2:47

those things so let's start off with the

2:50

first foundational level the first

2:52

foundational level is bias so let me

2:56

write that down bias that's the first

2:58

foundational level of trading then the

3:01

second level is narrative then the third

3:05

level is boundary that boundary is in

3:10

Brackets context right there why is that

3:13

context again that will make a lot more

3:15

sense in a later video so in one of the

3:18

next videos that will make a lot more

3:20

sense on why that is boundary why that

3:22

is context Etc then also a part of that

3:26

is a target so that is the next

3:28

foundational level and that is also part

3:30

of your context so the boundary and a

3:32

Target are what we call a context that

3:36

context will make a lot more sense again

3:39

later on then the next thing is entry

3:44

pattern that's the next foundational

3:46

level that we need to understand in

3:49

order to get to a trade ID then the last

3:52

thing is a risk management now these are

3:56

the foundational levels these

3:58

foundational levels are there to guide

4:00

you if you can understand those they are

4:03

there to guide you to a profitable trade

4:05

ID so once you get to a profitable trade

4:07

ID the way you can get there is through

4:11

foundational levels so if we understand

4:13

bias all right on to the next one

4:15

narrative we understand it all right

4:17

onto the boundary we understand it all

4:19

right onto the target we understand it

4:21

perfect entry pattern then the risk

4:23

management that leads to a profitable

4:26

trade ID of course we will also take

4:29

losses so this can also lead sometimes

4:31

to an unprofitable trade ID it is what

4:33

it is overall over the long period of

4:35

time over a longer period of time we

4:37

will be profitable now right here these

4:41

are the things that lead you to that

4:45

trade ID and the reason why I emphasize

4:47

on that so much is because this is

4:49

extremely important to understand the

4:51

basics is what we want to master and

4:54

this is what we need to understand in

4:56

order for us to actually get to a

4:58

training plan because because a lot

4:59

people don't know where to start this is

5:02

where you start and again Above This

5:05

these foundational levels you can

5:08

understand them by understanding the PD

5:11

arrays so the PD arrays they are there

5:14

to create the story of price so these

5:19

Foundation levels are all the things you

5:20

need to successfully trade they create

5:22

the story of price so what are the PD

5:27

rays that we need to actually understand

5:29

well the first PDR that we actually need

5:32

to understand is a breaker

5:35

block then the second one is a

5:38

mitigation block then we have an order

5:41

block then we have swing points and when

5:45

I say swing points I'm referring to a

5:47

swing High and a swing low so then the

5:50

fourth one or sorry the fifth one is a

5:53

previous X low or previous X High sorry

5:57

and a previous X low what I mean with

5:59

with this is this can be a previous

6:02

month's High previous month's low can be

6:04

a previous week's high can be a previous

6:06

week's low any candle on any time frame

6:09

you can think of and when I'm referring

6:10

to any time frame I'm referring to the

6:12

time frames that we have in the top left

6:14

which will dive into more as well later

6:16

on in a different video so previous X

6:20

high can be previous day low can also be

6:22

4H hour previous 4our candle High

6:25

previous 4-Hour candle low this is um

6:29

not newly eded but if you've watched

6:31

previous enrollments so for the for the

6:33

members that have already already been

6:34

here before then you know that this is

6:37

added sort of quote unquote new and the

6:40

reason for that is because this is part

6:42

of context usually and part of a Target

6:45

part of a boundary part of an

6:48

intermediate term High intermediate term

6:49

low now what I just said about the

6:51

context boundary that won't make sense

6:54

if you if this is your first time

6:56

watching this and if this is your uh

6:59

first enrollment so don't worry that

7:01

will make a lot of sense later on so the

7:05

last one is of course Fair Value gaps

7:09

the beauty the beauty of it all now

7:12

right here we need to understand these

7:14

different pdrs and why we use them and

7:17

how we use them so every PD has a

7:19

different function in the market the way

7:23

the market functions is the market

7:26

either delivers towards fair value or is

7:29

taking some kind of

7:31

liquidity that probably won't make a lot

7:34

of sense right now but that is how the

7:36

market functions overall that is a

7:39

general rule of thumb that we use on how

7:41

the market functions that will make a

7:43

lot more sense once I explain the

7:45

different PD rats so let's start off

7:47

with a breaker because when we move from

7:51

a lag lower so when I refer to a lag

7:54

it's just one lag lower very visually

7:57

how can we see the lags right here we

7:59

have one leg lower one leg Higher One

8:02

Leg lower so when I refer to a lag then

8:04

this is basically the lag lower that I'm

8:07

currently referring to so this lag lower

8:10

right there this is the current lag that

8:13

I'm referring to that lag lower has a

8:17

different PD array every single time in

8:20

the different grades of that leg what I

8:25

mean by that is that a leg starts off

8:29

with a breaker block then there is a

8:32

mitigation block then there is an order

8:35

Block in between them there swing points

8:38

previous X High previous X low fair

8:40

value GS Etc but the first three they

8:42

are in the right order so right here the

8:46

first reversal point is always a breaker

8:50

block that's always what we want to

8:52

ideally use a breaker block again a

8:55

breaker block how can you how can we

8:57

visually see it it's just very very

9:00

simply following the lines following the

9:03

lags that we just mentioned and then the

9:05

lag the last lag higher right there gets

9:09

violated and that turns into a bearish

9:12

lag then that bearish lag creates this

9:15

last down move before the up move right

9:17

there creates the breaker block so again

9:20

I already assume you have some kind of

9:22

previous knowledge on PD Rays I'll still

9:25

touch on it right here on how I view

9:27

them what the actual breaker is but I

9:30

still assume that so right here we can

9:33

see that we are moving higher overall

9:36

now where the reversal Etc happens

9:38

currently all things that currently is

9:41

not relevant that's things we will go

9:43

into so again remember the stor part

9:45

that we talked about we have this move

9:48

higher then that move higher creates

9:51

this swing high that is sitting right

9:54

there this swing High That Swing High

9:58

creates a move lower That Swing High

10:01

creates this swing low which is just

10:04

again we just move higher so we're

10:06

overall just moving higher right there

10:09

now this swing high is important right

10:11

now only after the fact at this moment

10:15

in time once we're just moving higher

10:17

it's really not that important because

10:19

again right now we would just expect

10:21

higher prices right overall just very

10:23

basic looking at where's price going

10:25

it's moving higher all right perfect

10:28

then we have this swing low right there

10:32

so we have this last down move this last

10:37

down move before this up move once we

10:40

violate that or we start to violate that

10:43

then this whole area once we start

10:48

disrespecting everything that is in the

10:50

bullish side right here in this gray

10:52

area disrespecting might not make sense

10:55

right now we'll make sense later on in a

10:57

different video once we start respecting

10:59

that and as general rule of thumb once

11:02

we start delivering below this low below

11:04

that swing low that is when we have a

11:07

breaker this breaker right now is what

11:11

you can just simply see as a resistance

11:14

area it's where you would expect lower

11:17

prices from so this is where this is the

11:21

first PD rate this is the first premium

11:23

array because again a premium array is

11:26

when we're looking at bearish prices

11:27

we're looking at premium arrays or

11:29

looking at bullish price we're looking

11:30

at discount arrays so this right there

11:33

is our premium array that we are

11:35

expecting lower prices from that is our

11:38

breaker block now after that we deliver

11:42

lower we deliver lower and then after

11:44

that we create a mitigation block the

11:47

mitigation block is actually this full

11:51

up move right there so the way I want

11:55

you to see a mitigation block is again

11:58

very simply looking at the overall

12:01

structure and I don't really mean

12:02

current market structure I just mean the

12:05

overall structure of how the market is

12:08

presenting so almost as if you're

12:11

looking at a line chart so if you were

12:13

to put on a line chart this is exactly

12:15

how I want you to view the current

12:17

market and the reason for that is again

12:20

and we can get more specific with that

12:22

uh overall later on as well is because

12:25

it makes the PD r a lot more easier to

12:29

visualize especially the breaker block

12:31

and the mitigation block once we are

12:33

diving into order block swing points

12:35

previous X High previous X low fors it's

12:38

a different story but for breaker blocks

12:40

a mitigation block you can almost use

12:42

the line chart right there to view them

12:45

so what I mean with a mitigation block a

12:48

mitigation block comes after a breaker

12:51

block so we first have a breaker block

12:53

now again the order of this is good to

12:58

know will it be super relevant later on

13:01

in the story in the overall story of

13:03

this menhip not really so don't force

13:06

the IDE because I can already see it

13:08

happening that uh Don't Force the idea

13:12

that there absolutely needs to be a

13:15

clear breaker block before we get a

13:16

mitigation block otherwise are you said

13:18

is not valid no don't do that so if

13:21

there is a breaker block just officially

13:24

all right there's some kind of a break

13:25

block and we have mitigation block

13:26

perfect is general rule of thumb they go

13:29

uh in the right order that's important

13:32

now a mitigation block is just the last

13:36

lag higher before we move lower if it's

13:39

a bearish mitigation block so a premium

13:42

array again the way I visually want to

13:46

want you to see this is that we have

13:48

this breaker that is being created right

13:52

there then we have a move higher back

13:54

into the breaker or whatever it is right

13:57

there and then we follow through lower

14:00

so essentially what the mitigation block

14:02

itself is is a move lower move higher

14:06

move lower this creates a mitigation

14:10

block so every

14:12

move lower right there creates what a

14:15

new mitigation block overall now that is

14:20

very similar to an actual order block

14:23

there's only a slight difference where

14:26

the breaker block can only happen once

14:28

right here the break block happens at

14:30

the beginning of the reversal at the at

14:32

the first reversal area that's your

14:34

break block everything afterwards is a

14:37

mitigation block or an order block so a

14:40

mitigation block is where we can have

14:43

any Candle on the upside right there so

14:45

if we're bearish we're waiting for

14:47

Premier this these up candles right

14:50

there you're seeing can also have a down

14:52

candle in the middle of them where an

14:54

order block can only have consecutive up

14:58

candles for a bearish or block so what

15:01

does that look like well if we skip

15:04

price a little bit then we see these two

15:06

up candles that we have right there that

15:09

is not a mitigation block why not

15:12

because it's two consecutive up candles

15:16

if it was two consecutive up candles or

15:19

not consecutive and there was within

15:21

those two up candles in between them

15:24

there was a down candle that low would

15:27

have been considered a ration block

15:30

right there instead of an order block so

15:33

you can see the difference where these

15:35

are two up candles doesn't have to be

15:38

two as long as it's up candles these

15:41

right there are not consecutive not not

15:44

all of them are consecutive up candles

15:46

before we get the down move overall so

15:49

that is considered a mitigation block

15:52

now these two candles at the top right

15:55

there you can probably tell the

15:56

difference right now that is an order

15:58

block

15:59

right there but overall if we already

16:01

have this then you don't need to

16:03

redefine it you don't need to refine

16:05

this to a mitigation block and inside

16:07

the mitigation block we have this order

16:08

block right there is not necessary to do

16:12

so that is a breaker block mitigation

16:15

block order block again if that doesn't

16:17

make a lot of sense right now perfectly

16:19

fine it will make a lot of sense later

16:21

on so right now we follow through on

16:25

price so we continue lower and we are

16:27

creating more order blocks that is quite

16:31

important to understand because within a

16:35

bigger mitigation block from a bigger

16:37

mitigation block to another mitigation

16:39

block we are creating order blocks so

16:42

what I mean by that is we just went over

16:45

this structure which creates the

16:46

mitigation block right there right then

16:49

this right here does what this creates

16:54

your mitigation block right there at

16:56

these lows to then continue lower in

17:00

between this delivery what can we see we

17:03

can see order blocks right there hold

17:05

order blocks right there hold to deliver

17:07

lower and then right here in this new

17:09

lag lower order blocks right there hold

17:12

order blocks right there hold order

17:13

blocks right there hold why am I telling

17:15

you this because that might sound a

17:17

little bit vague it's because mitigation

17:20

block and Order block are basically the

17:23

same exact thing and I just mentioned to

17:26

you hm but you just said these

17:29

consecutive up candles Down Candles Etc

17:31

makes a difference between order block a

17:32

breaker block uh mitigation block sorry

17:35

yes that is true but if I were to zoom

17:38

out on One Singular time frame on this

17:41

mitigation Block in that gray area right

17:43

there so we remove the or block uh break

17:45

block to make it visually more clear if

17:48

I were to zoom out right there then what

17:50

happens that becomes what an order block

17:54

so it's only relative which leads me to

17:58

the the next exact point that a breaker

18:02

block a mitigation block and an order

18:04

block are there for ver value purposes

18:08

and trap purposes only that again is

18:12

where we now need to dive into the swing

18:14

points previous X High previous X low

18:16

fair value gaps to fully be able to

18:19

understand that now that is again

18:22

hopefully that is clear that a

18:24

mitigation block and or block is all

18:26

relatively seen to whichever time frame

18:28

you are looking at that overall as long

18:30

as you understand that those are

18:32

functioning as fair value so next part

18:37

is where we have swing points so swing

18:40

points again we don't need to over

18:42

complicate this this is where we have

18:44

the swing highs so the swing highs again

18:46

that three candle pattern where we have

18:48

a wick sticking out at the top and a

18:51

lower Wick to the left of it lower Wick

18:53

to the right of it right there that

18:54

creates a swing point so of course a

18:58

swing low right there is the exact same

19:00

just vice versa where we have a wick

19:02

lower to the left of it uh sorry higher

19:04

to the left of it and higher to the

19:06

right of it swing low perfect so these

19:08

are swing highs right there swing Highs

19:12

are also PD rays and they are also very

19:15

important in how we interpret price

19:18

action they will come in very handy

19:21

later on they are known as liquidity

19:24

pools so with liquidity pools what I

19:27

mean with liquidity pools liquidity is

19:31

basically other Market participants now

19:33

that's not us we are not really

19:35

liquidity in yes we are liquidity we are

19:38

not the target of liquidity so you might

19:40

already be familiar with the story of uh

19:43

there's an algorithm and they target

19:45

liquidity Etc Yes again do I fully know

19:48

the truth I would be lying to you if I

19:50

said yes I fully know the truth and I

19:52

don't think anyone knows the full truth

19:54

but if that makes you comfortable to

19:56

believe that then let's add on to that

19:58

idea because it makes me comfortable to

20:00

believe that and it makes the strategy a

20:02

lot easier to comprehend so with

20:05

liquidity we talk about swing highs and

20:09

swing lows they are liquidity points

20:13

that liquidity needs to be taken out for

20:15

certain Market orders to get filled on

20:18

the other side again this will make a

20:20

lot more sense later on in this video

20:23

now previous X High and previous X low

20:26

that is very simple you have a candle

20:29

for example the most recent candle right

20:32

here on this Wednesday 15th of November

20:34

right there the most recent candle the

20:37

high of that candle is a previous 1hour

20:40

candle high right now and the low of

20:42

that candle is the previous 1H hour

20:45

candle low right there this will also

20:48

make more sense later on you just need

20:50

to understand that this can either be a

20:52

Target and a boundary to go into the

20:55

lower time frame as well so all these

20:57

Speedy Rays again are referring to the

21:00

foundational levels that is important

21:02

they are telling you a certain story of

21:04

price action to get to a trade ID so the

21:07

previous X High previous X low is just

21:09

the last candle previous day high

21:11

previous day low previous week's High

21:14

previous week's low previous month's

21:16

High previous month's low they are again

21:19

liquidity points that is a liquidity

21:22

point because on the lower time frame

21:23

what is that on the lower time frame

21:25

that is a swing point so for example on

21:28

15

21:29

minute that right there creates what

21:32

that swing point a swing high right

21:34

there so the next thing is a fair value

21:39

Gap now the fair value Gap is arguably

21:41

the most important one why the fair

21:45

value Gap if you're not familiar with it

21:47

and I do think you are familiar with it

21:49

is a three candle pattern it's important

21:52

to understand that I say three candle

21:55

pattern for a reason because that will

21:57

make a lot more sense later on in the

21:59

mhip as well where right there the three

22:02

candle pattern is 1 2 3 so we have this

22:08

candle right there then we have this

22:10

candle right there and then we have this

2 PD Arrays · ANALYSIS

Resumo

Preguntarlle á IA sobre esta transcrición