Hey hey: what's up my friend, so I'm ecstatic right because in today's training you will discover 11:11 price action, trading strategies and techniques network and, as you can see over here, right here is a glimpse right of what you're about to discover. You'll learn a reversal trading strategy which offers low-risk, high-reward trading, setups the blob trading strategy right massive trends: how to enter the break-up before the price makes a big move and so much more and here's the thing right. The examples I share later on are primarily in the forex markets, but it doesn't mean that it only works in the forex market. You can apply to forex stocks, futures, etc.

You can train this on a daily timeframe, the weekly timeframe, the for what timeframe you know. It's up to you, ok, so this technique that I'm about to share with you. They are robust, but promise me one thing promise me whatever I'm about to share with you: don't take it at face value. I want you to do the work to validate whether you know this works for you or not, because just because something works for me doesn't mean it's gon na work for you, so you must do the work.

Take the concepts take the strategies that I'm about to share with you right, validate it on your owner and then see whether you can make it work for yourself sounds good. Then, let's get started so the first technique that I want to share with you is called the false brick. This is, in essence, right. A reversal trading technique, a reversal strategy that allows you to find low recent high reward trading setups.

So here's how it works right. The first thing you want to look for is a strong momentum move into support. Okay, so this is for a long trade, a strong momentum moving to support. Then you want a price to take out the previous lows of support and within the next one, two three candles the price really strongly and close back above support.

So in essence, it looks something like this. Okay price makes a strong, strong momentum move into this area of support and then quickly reject it up higher and close strongly above support. So vice-versa, for a short trade right, you're, just looking for a strong momentum into resistance, get a price rejection and that's pretty much it alright. So let me share with you a few examples right, so you can see this in action.

So first example over here the SMP 500 on the weekly time frame. You can see what I mean over here at this point. You can see that we have a strong, bearish momentum coming in all the way down into this area of support. It even took out the lowest of this support now, why? Why are we looking for the price to break below the lows of support, very simple right because and that's when breakup traders will be looking to shut this market? If the price you know breaks down below the polity, ah, it's doomsday: let's sell, sell, sell and it go short.

You know they sell the market and when they sell, they would have to. You know, put stop-loss in place right in case the trade goes against them. So for traders who shut the break down, where will they put their stop-loss? So, as I said, look at this chart if you are shorting this market at this point in time, where will you put your stop loss if you're, like most traders, I'm gon na guess that you will put your stop loss, maybe above this highs, maybe somewhere here Or the really conservative on even above this heist, fair enough right, so so here's the thing right. We are looking right to profit from this group of breakout traders if they get it wrong and how do we know when they're about to get it wrong? That's when we have the false breaks era, when the market makes a sudden reversal up and close right, bullish, Lee above support, so at this candle, you can see that this market made a sudden reversal and close strongly above support, and this is the signal for you To cool long right and to trade right the opposite end of the momentum, the opposite of this are bearish momentum that occurred previously okay.

So this is what I mean by a false brick, set up very simple, strong momentum in to support price, to cut the previous lows, and then we have a strong bullish reversal, closing back up of support. Now, let's look at the another example right how about a short trip so over here you can see that a key in same consent at this point, this is bullish right I mean, if you look at this chart right. Many traders are, they are main rain and price is going to the moon right, let's buy my plane and they buy it right. Price broke out of this highs above resistance.

Look at this rain is so bullish, so breakout traders tickle they go long. No answer self right: if you are long, if you're buying this breaker, where is a logical place to put your stop loss? Well, most probably for most traders, you might put it below this Louis after okay, Rainer. This is a bullish random. The market is not going down, don't kill yourself right now, use such a new price going higher.

Then you put your stop loss, maybe below here, maybe some put in the middle of the range. Maybe some people put it below below. This looks and it's fun right. We are not looking to sell yet because the market has not given us a clue that is about to reverse lower.

We are looking for a false brick set up, and at this point, two of the criterias are made a strong bullish momentum and the price taking out the previous highs. The third thing we are looking for is a strong reversal, closing back below resistance, and we have it over here notice. The strong bearish reversal closing right even below the opening price of the previous day. Okay, so this way you're looking to sell to go against the herd right who are looking to buy, so we will talk about stop-loss later on, but generally you want to send your stop track a distance away from this size, maybe somewhere about here, to give it Some breathing room just in case the market mix, another spike higher and then reverse lower okay.

So you can see that in this case, your risk right can be defined from here. All the way to here. Your potential reward right from here all the way down to possibly at this area of support, so you can see that from a risk to reward standpoint, this is a pretty favorable trait to take okay, so yeah, so no point showing you the end result of this Trade, because you know it's obviously cherry picker right, because I'm trying to explain this concept of the false break. So now that you understand what this means, let's move on into technique number two: the break-up with a built up.

So if you actually take the the letters right B, W a be a call is the what trading strategy, let's say two together the block trading strategy, what okay? So this is simply write a breakup trading strategy which allows you to write massive trends because you are entering right at the nascent stage of a new potential trend. So what you're looking for is number one arranged market. The market has to be in a range right, so if you want something more objective, look for a range of you know at least 80 candles or more then the price right consolidates a resistance, otherwise known as a build up. So this is where the price is at resistance and it starts consolidating rifle.

I know 10 candles or so right, forming a very nice tight consolidation. I call this a build up and then you look to buy the breakout of resistance after the build-up has been fall. So again, examples right to illustrate my point. So if you look at this one over here, dollar against the Chinese yen, you see over here at this point we have a number one.

The range bar get over here. This is the range market we have. I would say this is a. There is at least 80 candles also over here.

You can see that this is an arranged market number two. We are looking for a build-up and a build-up form over here. So let me just get rid of some lines. We can see clearly, okay, you can see that this built up form at the highs of this resistance that I've drawn earlier.

So this is a sign of strength, because it's telling you that, even though the prices at resistance right now, there are still buyers coming in right now willing to buy this higher prices, even though they they all know it's at resistance. So there is demand right for this particular this particular product, which is dollar right now against a Chinese you and there is demand for it right buyers willing to buy it. This higher prices, and what you can do is that, once you identify a build-up at resistance, all you need to do is just to place a buy, stop order above the highest of resistance. So, in this case above this highs and can go along the moment, the market breaks out above it, you can wait for a candle to close above it as well.

If you prefer, that's fine, okay. So this is what I mean by a breakup with a built up, and you can see that in essence, right why you can right massive transistor, because you are about to to trade right in the direction of a new trend. So in this case the prevailing trend. Earlier was in a downtrend, then the market consolidate okay, and if it does break all right, you are pretty much entering as early as possible all right in this new existing uptrend.

So this is why I say that it allows you to write. You know massive trends and one way to write trends. You can you know you can drill your stop using the 20 ma or the 50 ma. Another example all right.

Let's have a look. This one over here same thing, right, look at Bitcoin, isn't a setup similar. I mean I mean there are variations to it right, but generally the idea, the core idea, is pretty similar number one again. You see that this market is in a range when it's arranged.

The next thing we are looking for is a build-up and resistance, and this is the bill updates being form and one little tip that I have for you is that sometimes, when the build-up is forming right, you're, not sure whether should you be buying right now, so Use the 20-period moving average as a guide. Ideally right, I won the 20 ma to touch the lows of the build up and, as you can see over here, the 20 ma right has touched the lows of the build up here. It touched the lows over here. This signals to me that this market here now is ready to break up higher ones that eme has caught up with the lows of the build-up, because for that to happen, the build-up must form right for a certain period of time.

You know maybe 10 candles, 15 candles or so and again, entry trigger is simple. Right. Entry trigger is usually the most simple one is that is the context of the market right now, you need to spend time recognizing. What you need to do is just simply set a buy, stop order above this heist to get long, okay and stop-loss.

You can just simply set it. 180 are below this loss, maybe somewhere about here. We explain why 180 are below the lows later on right, but for now this is the BLA trading strategy, right that I want to share with you, okay, so moving on right now that you understand the break-up with a build up. Let's talk about a technique.

The pre breakout technique, so this is fun because what you've learnt earlier, the false brick and the build up right we're going to combine these two technique together and it's what I call the pre breakout technique. This is an entry technique to let you enter the break up before the breakout. So how do you actually enter a trick before the big move occurs? Well, you need to use the pre break up technique. So very simple.

The moment you look for a build up on the higher time frame, for example it to be the daily timeframe number two: you want to go down to a lower timeframe and look for a false brick setup. This could be, let's say the four hour time frame. Okay, so let me walk you through an example to see this in action, so first one over here: New Zealand against the Canadian okay. So, let's, first and foremost, I say that you want to look for a build up on the higher time frame, so you can see it over here.

New zealand canadian be happy built up form over here, so this is the daily time frame. Now we need to go down to a lower timeframe to look for false brick setup, so I'm gon na do some magic here. Alright. So let me just speak the chat into okay, so this is New Zealand, Canadian, daily time frame.

I'm gon na change this to New Zealand Canadian four hour time frame okay, so this is the former time frame. So now, let me just orientate you quickly, so you see over here. Okay, this is the build up portion. I'm gon na click on this and the four hour chart will adjust accordingly.

This is it right, okay, so this over here, you can see the daily time frame. This portion here is equivalent to this portion that you see over here. Okay, so now you understand where you are in a big picture daily timeframe, it's here for our timeframe, it's here, so what are we looking for? We are looking for number two, a false brick set up on the lower timeframe. So look at this forward chatting.

Do you see a follows, brick, setup and resistance? Well, I see a couple right number one: is this one, a false break of this height and number two another false break of this hangs over here before the real move, a cut down lower? So in this instance right, you may or may not get stopped out on the first try, which is this one over here. But if you attempt another try right, this would allow you to write to catch the the strong move down lower, and this is what I mean by the pre break up technique. Very simple right: identify build up on the higher time frame and number two go down to a lower time frame and look for a false brick setup, and these are concepts that I just share with you ten minutes ago. Can you see how we're building concepts on top of concepts? Okay, so let me give you another example right, so I know yeah Rana all this all happen after the fact right, blah blah blah.

I see to watch all right. So, let's look at something now that has not happened yet: okay, so new zealand yen. So what I'm seeing right now is that on New Zealand yen, the weekly timeframe, I'm seeing a potential build up this being form over here. Can you see it? I'm sure you can right so now.

What's this next step? Well, we want to go down into a lower timeframe and look for a false brick set up. So since this is the weekly timeframe, the daily timeframe can be our lower timeframe. You generally want to go down between a factor of four to six, so I'm just very quick illustration right, so a weekly timeframe, okay, weekly timeframe right, you know that there are five days in a week, so that is a factor of five. What, if a daily timeframe, you know a daily timeframe, has 24 hours, okay, so wait 24 hours, you go down to a four hour time frame.

There is a factor of six oy6 because we take 4 x 6 over here, give you 24 hours, which is one day, okay and it's for a weekly one. Let's say one week here five days, so that is a factor of five, so simple, stuff, okay, so anyway, now that we go down to a lower timeframe, the daily we are looking for a false brick set up and on here, what's interesting - is that the highs And lows of the built up daily of seen earlier is likely to be support, resistance or swing high swing lows on the lower timeframe. So, as you see over here right, this is now and a real resistance and is possibly an area of support. So since the trend is lower, I want to be selling in this market.

So what I'll do is I'll wait for the price to come up into the highs of this resistance? Give me a nice false brick set up and closed, lower and I'll be looking to sell this market. I'm selling in the highs of resistance, I'm selling when the higher time frame is in a downtrend, and this is the type of trade that I live enough to. Take all right, this type of trade offers you favorable risk to reward, because, if you think about this, if the market could break down below this lows and the downtrend continue, what is the potential risk to reward on the tree? You could make a dollar to make three dollars, maybe even a dollar, to make five dollars depending on how you you, you don't manage the trade if it moves in your favor right. So this is powerful stuff right.

So don't you know, don't underestimate the pre breakout segment and I'm not doing anything fanciful over here. All I just did is to combine concepts that you have learned earlier. That's it! Okay! Moving on number four, the break of structure technique. So this is an entry timing right which gets you into a new trend early alright.

So what you want to do is to wait for the price to approach an area of value on the higher time frame and area of value could be things like support resistance. Trendline trend channel moving average: these are all area or value on your chart and then you look for a break of price structure on the lower time frame. Again, these are just a theory pot. So, let's look at the chance, try to better understand how all this theory works - dollar against the Norwegian Carano, okay, so over here you can see over here right.

Let me just go up to the weekly time frame you can see over here that we have a you know. The thing that they lead time frame would be pretty sweet as well, where you can see so on the daily time frame you can see over here. Okay, that the price has come into this area of value. This is previous resistance, resistance resistance that could now, I guess, support okay and here's the thing right at this point right.

What, if you don't get, let's say a false brick set up. I don't have a strong bullish price rejection to show you that the buyers I can control what now so. This is where you can go down to a lower timeframe and look for a break off structure. So I'm going now to a lower timeframe.

Let's see now to in our time frame and have a look for a break off structure. So at this point you can see that at this level this is black line over. Here is the same level that we have seen earlier. You know, let me just split up the chat, so you can see what I mean right and see what I see.

Okay, so let me just split the chat into to a Ching okay, so this is daily timeframe. This over here is the dollar Norwegian krone. Oh on the forward time, everybody changes to it, so you can see that on it, our time frame, you're. Looking at this, at this point on the daily timeframe, price came into this area of support right previous resistance, 10 support and on in our time frame, you can see a break of structure because at this point the price meet a higher high, reverse down lower and Then breakout higher.

So at this point, when the price break above this house, you have now have a higher high and a higher low. So this is clear, is a change in market structure, because the previous market structure, if you see right it, was actually making a series of lower highs and lower lows, or I can see lower highs and lower lows. So at this point right when the price breaks above this, this is the first touch pointer where you made a higher high and higher low, and this is the break off structure. He has broken right, the prevailing previous market structure, and on top of it, that we are trading this all right, leaving against an area of value.

We are leading against this area of value on a higher time frame, so we are not just blindly trading a break off structure. We are leaning against the area of value on a higher time frame, and this is how you know you want to treat the break of structure technique to lean against the higher time frame, first and foremost, and then you look for a break off structure on the Lower time frame make sense great. So let's look at another example: how about something familiar, the es? Okay, so the es again same thing early, you saw that there was a false break setup on the es timeframe, the weekly timeframe, a false break, it weekly timeframe. If you go down to the in our time frame, you can see that over here we have another break of structure.

Over here series of lower highs, lower highs, lower highs, lower highs. At this point, you have a higher low and when a price break out of this high, you have a higher high, a higher high and higher low, and this has broken this prevailing price structure when you form a new higher high and higher low. So this is another break of structure on the SP 500 and again we're not just blindly trading this uh, this break of structure, because, if you see earlier right, this is actually a key area of support on a higher time frame. You look at weekly.

You see that this is actually an area of support on the weekly timeframe make sense okay. So this is how the break of structure technique works so moving on. Let's what's the next technique, the retest technique right there, social retest technique. So this is an entry timing right which allows you to catch the trend.

Even if you miss the first move, even if you miss the first wave, I get it right oftentimes I might have. I miss trading opportunities in the market, okay. So what now well, first and foremost, the first thing you want to do is don't chase the markets. That is the worst thing you can do right chasing the markets, because if you do that chances are, you will get stopped up on a pullback or even the reversal.

So first stick don't chase the market. Second thing you want to do is wait for a pullback towards previous resistance times, a pot or, if you are trading on a shop, sign, you're waiting for pull back towards previous support and resistance ID or that thing what you want to do is to look for A bullish price rejection and support, so let's have a look at an example. So if you look at all the yen okay, daily timeframe, okay, I think you can even see this on the eight hour time frame. I'm sorry, I think the Aussie dollar yeah Aussie dollar, if you look at Aussie dollar okay over here at this point, you see a retest over here right, the price break below this area of support, and then we have a retest over here.

So, of course, on this time frame right there wasn't any entry trigger to KO shot because on this same candle right the price pretty much spiked up and spiked down. But if you go down to a lower timeframe right, there could be possible trading opportunities which you can see over here again. This is what I mean okay, so this is the same price level you saw earlier. This is the area of support on the daily timeframe and we're looking for a retest, because at this point right, let's face it.

Market has hit down lower and I know it can be tempting to change this market down low. Alright. Now this market is in a downtrend, it's time to sell. Wait.

Are you waiting for Christmas? So this is the mindset that you know many traders would have right. You know you just want to sell right now, because it's Parrish, you know you, don't have missed a move for I gon na make up the catching the profits right now, but the problem is that you know when you are chasing the market is right. This is where it's prone to make a reversal, a pullback and when that happens, you'll likely get stopped out. So my first thing I said, I don't chase the market.

Let the market come to you, but wait now. Where could the market come to right? This is where you use the tiny. I just shared right previous support that could, I guess, resistance. This is what we call the retest, so the price retest at this level that we have seen everywhere.

We have mocked up ahead of time, okay, and at this point now you have a much more favorable trade location to treat from right. The price show you a bearish price rejection and the retest level that you're looking at at this point. If you sell over here, your stop-loss could just go above. This price structure could go above here.

So at this point you can see that your stop loss is in a quote, unquote, safe location, because for the price to reach this level, it has to go against an obstacle. A barrier right. This barrier is in the form of a previous support that could address resistance, so the price would have difficulty going through, not that it can't, but you have to make it work hard to get your stop-loss see the difference and in terms of our target, you can See that there's a good chance, it goes swing down back low into this swing low and you would again right have a decent risk to reward on the tree. So this is what we mean by the retest.

Another example right urug is the New Zealand same thing. The price has retested this area of resistance, previous resistance. They could Equis support. So what you don't want to do is that when the price break, someone is so bullish right, you don't wan na be chasing the market at this point in time, again, no logical place to set your stop loss, and so let the price come to you and The area of value that you could have highlighted is this: one of them is this previous resistance.

They could occur. Support, okay and again on this timeframe might not be visible, but if you go down to the eight hour time frame, you realize that there is opportunity to get on bought the tree in a form of a falls break setup. So what exactly is the false break? Setup so there's a first technique. I just shared with you earlier, so I hope you didn't forget that right.

So let me just do a quick recap: number one. We are looking for a strong bearish momentum into support number two. We want the price to take up. The lows of the pot, which is this number three within the next one, to three candles: we want the price to really strongly above support, so in this case it took two candles right, one and two to really back up of support right, closing back above the Above support right, so this is an entry trigger where you can use to get long and again, we are used dealing with multiple concepts over here number one is the Falls break number two right.

We are dealing with the recast of a key price structure, which is, in this case our previous resistance that could act as support okay, so this is, you know how it works. This is the retest number six, the first pullback all right. So this is an entry technique which allows you to catch the train, even if it doesn't make a retest, because I know many of you who knows basic technical analysis right. What's the problem your face? Is that hey Raina, you know, don't you trying to smoke me man ass? Quite often, the price doesn't make a retest yeah.

I know I mean the price may not make a retest all the time. So this is where it is six technique called the full spool bag comes into play right so again, don't chase the markets right. So if you see me repeating a point multiple times right, this is where you get a pen and paper and scribble or even write on your forehead right. That seems it's important.

You don't wan na you know flop this rule, okay, don't chase the markets. Number two wait for a pullback okay, this time around the public may not come, may not come to the retest level you're looking at so it's fine right. You want to look for a pullback and the key thing about this. Pullback is number one.

The range of the candles - or it has to be relatively small - you don't have to wait to have you know huge massive candles, because this tells you that it could be a reversal instead of a pullback and number two right. You want the price or runner. You want the 20-period moving average to catch up with a price to touch the lows of the pullback and then number three. You can look to buy the breakout of the swing high.

So again, examples would be good at this point. Right this is the area of resistance. You can see that when the price broke down again, many traders would be waiting at this point which I just taught you earlier the retest and that's fine. That's perfectly fine right every tears of previous resistance, ten support, but I'm sure you can agree with me net.

The price may not do this right. So what now? So this is where I said that you know you want to wait for the market to do a pullback. Try let it retest the 20ma. So if you just pull out your twin tme, the twin DMA is still pretty far away from price.

I can just zoom in you can see how far the 20 ma is from the price right now, so give it some time let the 20 ma catch up with price, and for that to happen, the market has to make a pullback, usually a week, pull back With small range candles, so you can see the market starts to make a pull back over here and there you have it at this point rate market. Let's now make a pullback okay, this down up down in the 20 ma now has touched. The lows of the pullback, so what now so at this point now is different right, because now, if you were to buy the breakout, let's say the breakout of this highs, you have a logical place to set your stop loss. Where is that? Well, you could set it now below the 20 ma or below this swing low over here, because if you think about this right previously right before the 20 ma has caught up with price previously, let's say somewhere about here.

You don't really have a logical place to set your stop loss. Besides this previous, a resistance that could occur support you can see the your stop-loss is pretty done white because your reference points so far away. But when you are patient, when you let the price come to you, when, if you let the 20 ma catch up with a price, now you have a logical place to set your stop loss now, you can actually know manage your risk. Okay.

So in this case, when the price breaks above this highs, you can now set your stop loss of your options right between DME, which is here below just below this, most recent swing low, or even here right and this spins away from this swing low. So you have two points to reference number one from this swing low or from this swing low over here and you can use a 180 are below it as a buffer. Does it make sense - and this is what I mean by the first pullback just because you miss a move just because the market doesn't make a retest, it doesn't mean that it's over there asks you tricks that you can use right to catch a piece of the Move in this case, right yeah - you could have, you know, cut the mix wave of this this market, okay. So for number seven before we get started right, if you are enjoying this training so far smash the thumbs up button.

If you don't then hit the subscribe button sounds good, then let's continue for number seven right. It is don't treat far away from an area of value right, so why? Why is this sorry? Because this helps you to avoid low probability, trading, setups right, for example, if the price is overstretch away from the area of value, let's say like a moving average right, then you want to skip the trick because more often than not the market is about to stage A pullback, so let me give you an example. So if you look at this chart over here, this is the dollar against Atari. This is the China a50 market and you can see that it clearly, this market is in an uptrend right.

It is above the 50-day moving average any bounce off in right, pretty much a number of times right once twice thrice over here, and if you look at this chain right as the price approach, the 15,000 dollar price point by now, you should know that you shouldn't Be buying at this point, because this is where the market is over stretch. This is where you could make a pullback, and this is where the price is far away from the area of value. Where is the area of value? If you look at this chart, I would say the 50 ma serves as a good area of value somewhere here, so this means that the price could possibly retrace back towards this area of value and then continue higher. So if you want to be buying at this point right now, if you want to be buying and this hinds over here, then there's really no good level to set your stop loss.

Because if you set your stop-loss here here or here, it doesn't make sense, because the market could just as well swing down, lower, make a pullback towards the area of value and then continue higher. And if your stop-loss is between. You know this area you're gon na get stopped up alright, so avoid trading right when the price is far away from an area of video trade near the area of value, because when you trade near the area of value, your stop-loss right can be much tighter. Okay, so next one euro dollar - if you look at this as well another way to define your area of value, can be trend, lines or trend channel and it's the same concept over here at euro dollar.

So you can see that over here. At this point, you wan na be selling at the Loews of this trend channel. Alright, let me just show you how I draw this quickly right, so you can see it's just very simple: to draw connect the line right now connecting at the highs and the lows right get the most number of touches right. So you can see that the way I draw it.

I try to get the most number of touches here. 1. 2. 3.

4. 5. 6 same for the lowest or I suggest a parallel line. So again you wan na, be you don't want to be? You know trading for an area of value, so in this case, if the market is in a downtrend, you don't be selling near the lows of this trend channel, which is here: ok, because this is clearly not an area of value for short traders.

The area of value should be the highs of this downward trend channel. That's the area of value. Ok, so in this case you can see the market pretty much you know would have. You know stopped you out of the trade, as you retrace back towards the highs of this area of value.

Ok and again same thing right if you were to be selling right near or rather when the price is over stretch from this area of value away from this area of value, then you will get stopped out repeatedly. So very simple: right: whenever you look at a trending market, ask yourself right: where is the area of value which moving average does this market respects if it's very far away from the moving average, if it's very far away from the trend, channel or trend line? It's better not to trade in the direction of the trend. At that point in time, I wait for the pullback to come right. That's a it's! A much better play! Ok! So number 8! Don't set your stop water! I just below support, don't set your stop loss or adjust above resistance.

This helps you to avoid stop hunting. Ok. Instead, you want to set your stop-loss a distance right away from this key price structure and again, example will help. If you look at this dollar against the Mexican okay just gives it at this point right market is, I know, in an uptrend and then some traders might look at this.

All Rainer there's a doji pattern over here. This is an indecision in the markets. Ok market is about to reverse lower buyers, and sellers are in control right. The price cannot go any higher.

It's too high, it's about to reverse a lower, so they shot the market and where do they set a stop? Loss? Hey Rainer most textbook, says Rainer. Then you should set your stop-loss above the he's, a buff resistance. Don't you let me set my stop-loss above this highs and that's what I do all right. When you said it's not lost above this ice.

It is a very prime candidate for stop hunting, because this is where everyone else set your stop loss, it's very easy for the price to reach those those levels and then reject from those level after you have been stopped out of your tree. So in this case, you can see that price spike a buyer, okay, spike that buyer taking out the highs over here, those those traders who set their stop-loss above this ice, guess what they're stopped out and then before it continues to be no reverse down lower. So again, don't set your stop-loss above the highs or just below the lows. One more example right this is the the five-year us t note futures same thing: traders do look at this chance, they all Rainer man.

This is bullish. Mariner, look at the the price is about to reverse high and look at this huge bullish, candle right, I'm trading with in an uptrend okay price is near the swing low near this area of support. I know let me set my stop-loss below this area of support and then what happens market here is down lower. Stop them out right, no price over here to cut the lows of this support before it really is higher and there you have it okay.

So what should you do right? How do you avoid this type of stop hunting scenario? Very simple: give your trade right more room to prefer. I set your stops away from this key prominent price structure. So let me give you a very simple example: let's say you're on New Zealand, okay, uh, let's say the eight hour time frame: okay, you! You went long over here and by now you should know that your stop-loss, I shouldn't just go smack below this load, because there's a possibility right, the price could make a triple bottom right sticking on the lows before I reverse up higher again. So what you want to do is just go down to your indicator.

Tab look for the average. True range indicator, pull it out. I usually go with a twenty period. This is just my preference, and I go with SMA in a grand scheme of things doesn't make much of a difference, but that's just me so the ATR value right now, it's about 110 pips.

How do I know that? Because that's what this indicator this right now is 0.01 zero. So that's about! I mean zero point: zero one, one zero! So there's some 110 pips. So what you want to do is to find out what is the lows over here. As you can see, I've marked out the lows of this candle is about one point: seven 608.

So just one point: seven 608, you of 110 pips, and that will give you about seven 498. So your stop. Water will be about one point: seven, four: nine. Eight! Okay, does it make sense? So that is one point.

Seven four nine is just what about somewhere. I'm thinking about here right so from this point to this point over here. That is one eighty are below the low. So that's how you want to set your stop loss to avoid you know getting stopped hunted.

Okay, number! Nine avoid shorting higher lows into resistance, so I know many traders. They look at the chat arena, main rain and the prices that resistance man it's time to sell. All Reina, the prices is a part he sets apart it's time to buy, not quite because you want to see how would the price approach the level you want to see how the price approach support, how we approach resistance right in that place? A very that gives you a big clue right, whether that level will hole operate so again, an example right. Let me just get rid of the ATR for now.

If you look at Bitcoin okay bit con, where are you my dear Bitcoin? Do you see it here? Mmm well doesn't seem like it no here, if you look at Bitcoin, I just pull out the chart you see over here at this point. Okay, let's stop what okay the earlier! You saw this one over here the series of higher lows, or rather the breakout, with a bill up: okay, like water daily timeframe. Do you see how this market, the way it approaches resistance? It's not a nice strong momentum move into it. It's not a nice strong power move into it rather is there is a stair stepping price action into it like a you know, stack is climbing up into resistance.

You have a series of higher lows into resistance, so this is a sign of strength and this one. That's why earlier previous, we talked about the break up with a bill that we are looking for this type of price action to create a breakout, not the reversal. Okay. So in this case you don't want to be selling and resistance.

You want to avoid selling a resistance, because this is a sign of strain. You have a series of higher lows into resistance. This is a sign of strength and likewise, okay. Likewise, when you see a series of lower highs into support, this is the sign of weakness.

Don't want to be buying support at this point in time right. I repeat: you don't want to be buying support at this time right, because this tells you that the selling pressure right is stepping in right, they're coming in right and put selling pressure in this market right. If you look at just the basic price section, if you look at the range of the candles right first time, you know support. Oh it's not the first time I bought previously very strong rebound.

Then this is another rebound. Then you got weaker, you go weaker and then you gave a weaker. I know this tells you that the buying pressure are being contained by the sellers. This is a sign of weakness, and this market right is likely to break down lower okay, so avoid shutting higher lows into resistance and likewise avoid buying right.

When you see lower highs into support, number 10 volatility contraction leads to expansion. So here's the thing right: the market moves in cycles goes in uptrend, downtrend range and same for volatility. Right volatility goes up then in contracts, and then it goes up again so where, as a trader right, if you're looking for favorable risk to reward rate, if you're looking to a known risk $ 1 to make $ 3 $ 1 to make $ 5, then you Must be looking to enter your trades during low volatility period because that's where your stop-loss is tighter? Okay and if the market expands in your favour, if the volatility expands in your favor, this is where you can reap right. Favorable risk to reward on your trade and that's what the pre breakup technique is all about.

You're entering your trade earlier when we talked about the pre break-up training is when volatility of the market is low and when volatility expands in your favor. That's how you rewrite favorable risk to reward on your tree. You might even forget about that already. So, let's do a quick recap right to this concept, using the pre breakup technique we spoke about earlier so earlier we talked about a New Zealand, and I mentioned that over here we have this build up being formed, so this is in a low-volatility environment, okay and Then we got an entry trigger on the lower timeframe using the pre breakout timing.

So let me split the chart into two caching okay, so this is the New Zealand Canadian. This is, let's say the former time frame. If you look at daily time frame right and then it's the former time frame side-by-side now over here is in a period of low volatility, right market isn't really moving much volatile little it's relatively low and over here is where we got our entry technique right notice. The false break setup that we mentioned earlier right - this was the false brick setup that we had possibly over here and over here and when you go short right, what happens if volatility does expand in your favor? In this case, you see over here right this way.

Volatility expands in your favour. Right here is down lower retraced, lower retraced, lower offers you a favorable risk to reward on your trade. I can't see how much money you make on this particular trade, maybe even nothing right. If you go, you, you didn't, have proper trade management and price retrace up higher and you get stopped up it's possible, but the concept that I'm trying to bring across here is there for favorable risk to reward rates risking a dollar to make five dollars.

You want to be looking right to enter in a low volatility market environment right, another example. Let's say we look at again Bitcoin if you look at the price right action before I broke out right, it's a gate volatility of the market over here you can see that it's decreasing right, very quiet before it broke down. Okay same thing over here we look back before this huge move up higher. Let me just get rid of this line before this huge move up wire.

What happens? Volatility of the market is quiet right and this phenomena can be seen in the stock market as well. Go look through your stock chart before the markets take an explosive breakout trade. What was it like previously chances are volatility, is very quiet. Volatility is low okay.

So this is a important concept right volatility of the market. It moves in cycle and just one more example, to share with you dollar against the Chinese yen right. We talked about that earlier. We spoke about the break-up with a bill.

Look at this market before he broke out over here before he broke out over here. Volatility of the market right, it is quiet right, he is quiet right, so you can think of volatility volatility in the market. Yes, you know storing energy. When volatility is low, the market is storing potential energy meat waiting to make a big move right when the market breaks out right.

This is where energy is expended and then, when it gets quiet again, this is where market is storing energy and it breaks up. Energy is expended again okay, so this is a important concept. Right volatility contraction leads to expansion right and, ideally you want to be entering trades during low volatility period, you have a tighter stop-loss, which offers you a much more favorable risk to be war. And finally, I want to talk about this, the ultimate price action combo.

So what I mean by this is that as a price action trader s, a professional price action trader, you cannot just be a one-trick pony like, for example, I just share with you. 10 different trading strategies and techniques to trade - and I hope by now you don't just you - know, wait and support all rain and I'm waiting for support waiting for a hammer to go along, don't be that one-trick pony, because the market has its way right of fooling Many traders out there it has its way right off. You know making many traders miss the move, so you've got to approach price action trading right using multiple plants of affect all right. If this doesn't happen, I have this plan beef.

Let me does it happen. I have plenty, so let me give you one final example right to kind of sum up right what price action trading is all about, and I call this the ultimate price action combo. If you can embrace this concept and I'm up to share with you right, you are going to be an ultimate price. Action trader sounds good, okay, so for to kick things off right last example is dollar against your African rain.

I mean we can use this or dollar. I think we can. We use a dollar Mexican if you want to, I think, yeah, okay, so let's look at all the Mexican. So, at this point, okay, we can see that this market is in an uptrend all right and it's consolidating between these highs and this loss so now to a very newbie price action trader.

What will they do? I can tell you what they will do right. You will say: Oh Rayner man, the market is in an uptrend, so here's what I'll do I'll wait for the price to breakout retest this level for my hammer and then I go long and that's not a bad plan right this fine! Well, let me ask you: what of the odds of that happening sure it could happen, but there's only one plan of effect. If you are a astute price action trader, you're, a professional price action trader, let me share with you a multiple plan of attacks right that you can come up with first and foremost, number one. You can look to trade and break out with a bit lab, so we spoke about that concept earlier so number one.

We can look at this prices at this highs. Price could possibly come up higher and consolidate at this highs, and if you pull out your 20 ma, we want to see you know, support the high the lows of this build up and if the price could break above this highs above this highs over here. Whichever uses your reference point, you can look to get long and again: stop-loss can just be 180, are below this swing low. So there's the first type of attack.

Second, one we could go with the retest technique that many traders are familiar with. This is the area of resistance. Let's say the price breaks out without a buildup, we can wait for a retest form, a price rejection in this area and to get long at this point. Second, plan of attack third plan of effect: how about this? Okay? Let's see what, if the price breaks out, okay, but it doesn't form a retest well, what we can do is we can look for the first pullback technique right.

We can look for like a bull flag pattern, something like this right. A very nice type, retracement small range candle and then look to buy the breakout of this highs again, your stop-loss can be one in TR below this lows may be somewhere here. That is the plan of a thing fourth plan of attack right. What about this? What if the price doesn't form a nice tight flag pattern? What if the price breaks out - and it forms a new range like this - and this point right - it can be difficult to buy near this swing lows over here, so you can go down to it in our timeframe or even a four hour time frame.

To look for false breaks, set up on that timeframe, there's a fourth plane of a thing. Can you see how a professional price action trader would think they don't just have one trick up their sleeves? They can envision potential scenarios right that the market could could and trade it accordingly, okay. So this is what I mean by the ultimate price section: combo right, you have multiple plants of affect, and that's just not just trading in one direction. If you want to you, can even trade, the reversal down towards the downside using the same concept right, a retest could look to trigger.

First pullback could look to trade near the breakout with a build up. Can you see where I'm coming from, and hopefully right by the end of this training video I have given you an idea right of how price action trading can be like okay. So with that said, let's do a quick recap right, just a quick one. Okay, so what we have covered today, now more on the false brick set up to trade reversals right offer you low risk and high reward trading setups.

Then we talked about a block trading strategy, basically buying breakouts, with a built up number three. We combine the first two concept into the pre break-up technique. How do you actually enter a breakout before the market breaks out number four. We spoke about a break of structure technique right, going down to a lower timeframe right to time.

Your entries, especially if the higher time frame, doesn't give you any signal right to get long number five. We talked about the retest technique right to retest previous resistance. That could become support to retest previous support. That could become resistance to help you time your entry, then we talked about the first pullback, what if the market doesn't retest the level or area you're? Looking at you look for the first poohbear then next moving on we talked about when to stay off the trader.

You don't to be trading right when the price is far away from the area of value, because that's where it's about you know snapback right, so wait for a snapback to occur then get on board the trade number. It don't want to set your stop-loss just below support, because it's it's prone to stop hunting number nine. You wan na avoid shopping, higher lows into resistance or buying right when you have a series of lower highs into support, because that's where you know these areas, these levels is likely to break number ten volatility volatility contraction right leads to expansion, or I can see that I have difficulty pronouncing the validity really. The volatility right contraction leads to expansion right and when you want to find favorable risk to reward trade, it's during low volatility, market conditions.

And finally, we spoke about the ultimate price action combo, how to have multiple plan of effects and don't just don't be a one-trick pony. Okay. So with that said, right, I've come to woods. I've come to the end of this training, video if you've enjoyed it smash.

The thumbs up button and if you want to learn more about price action trading, what you can do is go down to my website over here are trading over intercom. I've got a few guides for you right: the ultimate guide to price action; training, which is this one over here, where you can learn more about price action trading or if you want to learn more about candlestick patterns, you know, shooting star hammer and how to treat This type of patterns, then the monster monster guide, the candlestick patterns - would be for you. These two are absolutely free, just click this orange button and I'll send it to your email for free. So with that said right, I wish you good luck and good trading.

It's been a pleasure doing this video for you and I will talk to you soon. You.