Forex Trading using Institutional Order Flow (IOF) with Mr. Green transcript

ah all right mik check mik check Mr Green here howdy all right getting started up I was just about a 30 seconds late all right Mr Green from Trey Phantoms give me a yes in the chat box if you guys can hear me and see my screen make sure that we're good to go ah come on yes in the chat box if you can hear me and see my screen I want to make sure I'm up I don't I don't see anybody responding I see 11 people in here all right there we go okay uh good afternoon or morning wherever you are I'm Mr Green from try Phantoms I am the FX guy so that's what we're going to do I'm going to give you a uh sneak peek of trading like a professional with institutional order flow uh live in real time hey AJ uh we're going to use uh actual trading uh pairs currency pairs uh which are technically cross pairs but don't worry about that too much and we're going to look for for some setups um you know what we want to do is if we can uh I mean I'm going to look for some setups and you guys are going to watch me basically what I'm going to do is I'm you know I'm going to I'm going to get on my watch list here I'm going to start down on New Zealand Swiss I'm going to show you basically how a professional trades a professional trades by following big Banks and institutions a professional trades by buying and selling when Banks and institutions are buying and a professional does that by reading charts okay so now chart reading takes some time of course it does right um but I'm going to I'm I'm going to give you some uh analysis here as we go along all right so and then you know I'll tell you a little bit about trade Phantoms Pro and all that good old stuff all right so basically when whenever you're charting okay you start top down it's called top down analysis right so the top chart is monthly so you know something very common that do monthly weekly daily they evaluate those three charts okay um and if they have some if you have something if you have a buying opportunity or a selling opportunity in a in a in a position where you think a bank or an institution is going to get in right a high a higher probability not a guarantee um then you start drilling down right you start going to four eight hour charts 4 Hour charts one hour charts Etc give me a yes if that makes sense everybody um so there is something that I would look at on my higher time frame I'm going to see where I'm at as far as what I call my football field um top of my football field is going to be up bottom is going to be below Green's going to be in the middle so right here on my football field and I got a lot of people in here that are already trade Phantoms and I got some people that are brand new to this so that's cool all right the first thing I want to do is I want to evaluate do I have a trend and where I am in my field okay um by definition this is still a downtrend but it is a really really weak downtrend uh because it the the pro the problem here you know when you're evaluating trend is you got a huge you start up here you got a huge higher high follow follow my most right here you got a huge higher high up here all right then price breaks down but this this retracement is ugly so this is just something this is a key rule right those of you in here that that have read charts understand what I'm talking about right now those of you that haven't it's okay but I'm going to give but what I'm going to try to do is I'm going to try to give a a a mixed medley of every for everybody if you don't know what to do if you're confused do nothing give me a yes if that makes sense so if I've got like if I'm in the middle of the range and I have and I have like a down sideways Trend and I really don't know what to do I'm good I'm not touching it on to the next one New Zealand CAD okay now we we we're taught to buy low and sell high in this range in this range area right here we're at the top of the range right so a lot of people what they do is they would you know they see oh we go we got a we got a massive uptrend Mr Green price is up look at that look at that it's just it's just flowing up but we don't want to buy High okay we want to sell these are areas we want to sell now if you look over here I'm going to indicate something now we just a heads up we've missed this trade that's okay but I'm still going to teach all right right here this area that I'm that I'm leveling off on a daily level so I have an uptrend I'm higher in my range so I'm doing macro intermediate micro rally follow my fingers where they are rally Basse drop okay oh let me fix the camera sorry about that I didn't see okay now you guys can see it that right there what happen this is what happens this is what as as the little people we can tell we can see all right institutions short sell short sold the hell out of this pair right here buyers took control in the market and the price shot up on that green candle right there follow just follow my finger all right then after that price flipped Direction then price kind of for a day kind of hung out it went down a little bit but it Consolidated for a little bit and then it shot down what happens here is it an is an imbalance is created okay and this and this certain area an imbalance was created of Short Selling orders because when the banks went to short sell on this currency pair right here not all their orders necessarily got filled which left a large volume of unfilled orders we like to call them IO we like to call them UFOs unfilled orders this is the institutional order flow this is the I so this is a perfect example of iof working because over here look at the look at these Wicks look at these Wicks hitting this level and coming back down look at the first time this Wick hit this level holy crap where were we then we were late what a move all right but now there's something called Purity it already whacked the level now there's people have different rules some people have rules on Purity that it can tested a couple times I don't I need 100% Purity so we really missed the move on this on this level right here price came up it hit this daily Zone structure wow and it took off look at that move give me a yes if you guys see that this is a really really good this is a really good example of even taking a reversal on a short cell on institutional orderflow okay now I don't want to touch now it's poking the beer poking the beer poking the beer no good so once again no trade but I you know I'm this is this is beginner's hour right now so I'm teaching I'm teaching brother remember him in uh and uh He Got Game all right this is once again Willis son I wouldn't well see so Tom willson's new Tom I wouldn't Tom's right you could I wouldn't because I don't like that price is tested up here three times that it's just sitting there I wouldn't short there if so let me let let me finish on that if you want to to short there if you wanted to short there you would put your stop up at this you you you would short current price is right there you would short at this first Red Line you would set a stop loss because we always want to have risk management parameters all right in place where the second red line is you're not going to get a Big R to R here Wilson that's my problem with this okay so on reversal trades okay on reversal trades you know usually like for example on reversal trades if I can get a two to one I'm good but we tell you we want you to usually at least get a three to one on a RIS reward okay look at the first time price hit here all right that would have been your level and that would have been your target that's almost a 3 to one it is definitely at least a 2 to1 remember this is a counter Trend trade I'm not super high or big on taking counter Trend trades so my point is you're even you even have a worst sell Short Selling opportunity now because you're going counter Trend Wilson does that make sense so the answer is no I wouldn't short sell here if you want to you can but I I would tell you absolutely not to Tom do you get why I'm saying that that now I believe you do but I'm just I just want to make sure you're you're you're on the same you're on the same boat with me we could have but we in my my opinion where I could be wrong I believe we missed it but you could take a crack you could take a crack pound New Zealand I don't see much opportunity here what this means here this is once again sideways trying to middle of the range kind of crap don't know what to do don't do nothing so as you can see I'm starting on my weekly chart on my weekly chart because if now let's take a step back and let's have a teaching moment good Traders always have their charts set up you can see this Fibonacci I don't use any first off I don't use any indicators that Fibonacci is not an indicator it's an indicator but don't use it as an indicator I use it to help me with price action okay it just tells me where I'm at on my football field that's all it does it's not an indicator though you know the problem with indic indicators are okay if you use them as as what we would call Edge or on or uh yeah Joe I agree I agree and Joe if you going to take it take it with a small risk of reward is that you Jose or is that Joe cuz I see Frank is that Franco Jared in FX yes I I believe so I believe so in Futures and options what's up Rego in Futures and options um no because you're R to R you know you're throwing the darts more instead of the water balloons but yeah Jared yes absolutely um so all my all my so back to the the technicals we'll use technicals as odds enhancers okay but we're not going to use them as a Grand Puba okay we're not going to use them as a all right it's do or die we're going to use price we're going to use institutional order and that's what I'm doing first then if I want to add some fundamentals on then if I want to add some technicals on I can do it all right but I always want to wait on that first does that give me does that make sense to everybody I want I want to make sure my my my stuff's good so I'm not starting on the monthly each time because I've already set the monthly ranges up which is what my range is so I'm on the weekly so once again I found nothing I'm going to go down again okay pound CAD pound CAD now middle of the range uptrend you guys know my rules middle of the range uptrend I'm buying give me a yes if that makes sense middle of the range uptrend on buying now now I'm going down to my lower time frame now I don't want to get too advanced here but this is this is near an Institutional number that I don't really care for that that that that I don't feel that I'm not sure if it's going to get backed down below typically what I would say the level of interest is right here at 179 from a teaching perspective I would say right here all right so let me I'm going to do a couple things because I know I got some people in here that are brand new and there's some people that are Advanced so we're more advanced so let me explain what I'm doing now if I've got so let me go let me go let me go let me go beginner beginner first middle of the range uptrend I'm buying now price is right there at that red candle that's where market price is right there okay I'm not going to buy up at the top that's what a fool would do I'm going to wait for price to come back down now the question is so I'm buying I'm buying a dip some of you have heard that before right I'm buying a dip I'm going long where do I place that dip well there's levels and some of these levels score out better than other levels okay so right here I see a area and this is a Zone structure and we talk about this a lot on the Thursday night class which after this pair I will do okay there's a drop a base a base a base and a rally basically what this is telling me is instit institutions bought extremely heavy in this position but not all their orders necessarily got filled so there's a large amount there's a high probability not a guarantee of a large amount of unfilled buying orders down here at this level okay so what I'm going to do is I'm going to Target this level I'm going to put a limit order down here and this limit order is going to have a stop entry in a Target let let let me do the basic stuff first Jared just because this is YouTube and it's it's not a regular class don't don't don't worry about the unit [ __ ] about that about the position sizing I I I promise I'll cover that afterwards let me let me go over the uh the basics so I'm going to place a limit order down here at 179 all right I'm in that limit order that red line right there is going to be uh jar can you let let me just go through the basic stuff first man and then and then and then and and and and then I'll do it because that's that's that that for this hour that that's what this is dedicated for I I will cover that question for you afterwards so on a limit order here I'm going to put a buy order okay I'm going to put a buy and then I'm going to put a stop loss down here and I'm going to have a Target somewhere up here I want price to come back down I don't want to buy up here with all the retail Traders and investors I want to buy low sell High okay that's what I want to do all right so I got a great institutional level right here set up all right now let me just do this because a couple of you have asked and then Jared I can to the advanced stuff okay so for those of you that are already trade Phantoms cool welcome aboard welcome back for those of you that are not and you're interested about trade Phantoms we recommend you to come to our Thursday night complimentary Workshop which me personally I will be teaching this Thursday so if you go to www.trade phantom.in there you click on the register ha button all right when you click on the register ha button basically what it's going to do is it's going to show you all right you're just going to put your first name your email your phone number all right you'll get emailed the link I actually reach out and text everybody or call them on a phone on their phone number register and it's for 700 p.m Eastern Standard Time on Thursday this is what we're going to go over we're going to talk about the strategy but we're going to talk about more of the concepts why these certain Zone structures work better than support and resistance all right because a lot of you guys out there use support and resistance where supply and demand is a much more higher probability we're also going to talk about risk management because you're not going to be right on every trade you're going to you're going to take losses you're going to be wrong I'm actually going to show you that real realistically to break even you only have to be right 25% of the time and if you're right 30 or 40 or 50% of the time using a proper risk management strategy you can knock it out the park okay you can do very very well that also means we're going to have to talk about multi-directional trading we can't only rely on making money when the market goes up we have to also give ourselves opportunities when the market goes down which is called Short Selling or even sideways markets in options in Forex okay using spreads in carry trades small turning small accounts into larger accounts by using leverage okay now with that being said with that being said two common fears fear of not having enough money to get started fear of you know losing money you lose that fair by setting up that bracket order that limit order that I talked to you about we go over that in the class most people don't know what the outcome of their trade or investment is before they get into it and that's wrong you're just buying and hoping that it's either that it's going to go up you need a predetermined loss and a predetermined gain before you enter so if you enter at a 2% 2% clip Jared just said $2,000 account 2% of 2,000 is 40 bucks so I would tell Jared don't risk more than $40 of your own Capital per trade and try to get at least a 3 to one risk reward ratio so 3 * 40 is 120 bucks so jar I would say Jared on a $2,000 account risk $40 Max now he can do less 3 to1 on a risk reward he could get more but those are some of the parameters I don't want to go too far into that that's helping you know the predetermined loss and helping you do more with less is about leverage also it's not all about stocks I'm going to talk about Forex I'm going to talk about options I'm going to talk about Futures I'm going to talk about cryptos I'm going to talk about you know long-term trading worth is short-term trading and most importantly how professionals trade we will offer some sort of promo we have gone up in our pricing recently so for those members that are already members they're grandfathered into that okay but you know the longer you you know if this is something you want want to join go to trade phantom.in membership it's cost effective all right so that's the last thing I'll say about that now I'm going to go back to my man Jared and get a little advaned Jared what I would say to you is this my friend let's take the trade as if we were really going to take it though all right now that we covered the beginner stuff okay you there Jared give me a yes because if I go through this I I I think I'm gonna take this trade Jared so if I go through this I want to make sure you're in the room still Willison I know it takes a lot of time L all right I'm gonna take this trade guys so for those of you that are newer sit back chill out relax let me let me do my thing let me get Advanced for a second I got a little fomo here guys about missing out nah you know what we're gonna we're gonna have look it guys you know what we're GNA have to do we're gonna have to play weekly demand because we are we already missed an entry we already missed an entry yeah we're going to have to go week L demand and on The Daily you got a rally based rally all right so here's what I'm going to do set up a longer term trade I'm going to buy at the penny and I'm G to set my stop loss right there so look it I'm covering two levels and I'm cover I'm gonna I'm going to front run the penny I'm going to buy at 17905 drop base base rally I'm going to set my stop at 178 one I'm sorry 17815 that covers that rally B that covers this demand level and it covers the sweet spot and it covers the bumper Lou you tracking guys this a good this a sweet little level this is a sweet little level now Jared I'm going to place the trade with you and show you so I'm going to answer your question 100% so I'm going to come over here I'm going to hit the plus button I'm going to hit create new order now let's just say hypothetically okay it's Jared it Jared if you're following the 2% rule it never should brother it never should that means you're not fall you're not you're not using proper risk management so let me show you all right I I trade in this account Mo you guys that know me know that I trade with seven digits I trade with a with a million this account I trade with 100,000 okay so I'm gonna my I'm gonna I'm going to do this off of a $100,000 account but I'm going to answer Jared's question first on a on a $200 account all right sell or buy we know we're going to buy we know we're going to limit so I'm going to go to limit right there Jared skip over units units is last thing you're going to do you're going to go first to your to your area that you're going to buy in what did I say one uh 1905 what was it I can't I got bad [ __ ] eyes 17905 all right ex that's my entry 1709 is my entry my expiration is going to be no expiration uh my target I I [ __ ] I forgot to do my target let me come back so this is going to probably be a little we're going to have we're going to have to trade up here we're going to have to go a little bit above all-time highs no I'm not alltime highs recent recent recent recent recent highs I'm sorry I take I take that back sorry guys sorry I'm getting derailed here I made a I should I should have realized that before I went into that I got excited cuz I do like this trade even Mr Green gets excited sometimes so this is a good trade ah you mother if I swear somebody will probably report me so I didn't swear snitches get stitches all right okay so what's realistic let's go to the quarter let's go to the quarter let's go 8245 yeah let's go to the quarter let's go quarter let's let's jump let's jump the D and go to the quarter all right let's get back down to the 4 Hour let's go back down to the to the 4 Hour now all right there we go so there we go Blue Line these three lines entry stop Target here we go let's try it again plus sign create new oil buy limit skip over units expiration always no expiration okay 7905 is my entry my stop loss is 17815 that's 90 Pips my to Target is 1.82 4 18245 all right now Jared it's about a three and a half to one if you're trading Jared with a $22,000 account okay the most you can risk is $40 so let's just say you're going to do 2% and you're going to do $40 all you do is you punch in the unit available okay now with that being said let's just try 10,000 units what did 10,000 units just do I know it might be tough let me see if I can scroll in here a little bit look at that wrist right there Jared $66.64 if you took that trade Jared you are breaking your rules your max limit is $40 so we got a lower 10,000 let's try 7500 4998 you're still breaking your rules let's try let's try 5,000 3332 okay we can go up a little let's try 5250 3498 let's try 5750 38 let's try 6,000 3998 6,000 is 3998 Jared here's my point you should never have an issue if you're following the 2% rule ever no 60's 6,000 is good 3998 Jared does that make sense man to me it just tells me you're risking too much that that that that's what that's telling me now I got to place my trade which I'm going to risk 2,000 so let me show you how fun this is so let's just try to do the math if I just did 5,000 units okay if I just did 5,000 units I'm trying to think $40 what's 50 time 40 is 2,000 50 time 5,000 let's see am I am I going to be right is it going to be 250,000 units if I did that I'm pretty good oh no 1665 I [ __ ] it up it's 300,000 units for me so if I go 300,000 units I'm risking $1 19998 with a $7,500 return I'm going to hit submit that trade is placed I will update my trade Phantoms pick sheet for those of you that are not trade Fantom we have something called the trade Phantoms pick sheet I will update that afterwards uh for those of you that are trade Phantoms I am legitimately taking this trade this is a nice little little pullback supply and demand we'll leave it open it's a cross pair this is exactly those of you that were just in the numbers game class this is exactly the type of stuff I'm looking for okay all right last thing I'm going to do to close up all right last thing well thanks for giving me the answer posum foot after I already got it but yes sir I'll update the sheet in a second I'm G to wrap up this right now uh YouTube so we got ourselves another trade all right which is good um last but not least those of you that are have not that are still not members and want to be members just come to uh www.trade phantom.in sign up for the class it's this Thursday the complimentary class I will be teaching it uh it will give you the opportunity to see how what we do um for what we do and for how we do it okay um class about 90 minutes long yeah Jared your your mistake your mistake you you're a mistake I I I don't I this is a Forex class but I I I I I'll do a gage this this ain't Futures but I I I'll I'll do it I'll be honest with you Gage I don't like how you demanded it go over I mean like what what am I like your uh your uh your trade dummy like how about can you go over this is where I get off with people go over go over crude oil I even though you put the question mark at the end I don't like it I don't I don't I I I I I don't I don't I don't work for you yeah it's not Mr Black you're right um that'll that's the last thing I'll do Gage I got I got you I you know I was in uh class it's just how you you got to be careful in a time with the you you got you got to be careful in a time with texting email because you probably meant nothing by it but it's how it comes across [ __ ] you Eric ah [ __ ] you Eric he knows I'm messing with him all right so last thing yes sign up for the class we'd love to see at the free class if you continue on with trade Phantoms Pro memberships are like monthly memberships etc etc not that bad no Tesla man I I I will do crude I said I would do crude um so I here we go it's not going to trigger anyway whoa whoa that's why he asked me to do crude crude on a mo is crud on a tear man so Gage I'm still going to go monthly weekly daily so I'm going to do my range for my iof it's it I'll tell you it's it's in monthly demand gauge it just poked it though is that yeah that's a wick so I would set I would still go high I would still start high and go low just like I would on just like I would on uh oh my Fibonacci is not right on on trading view that's all right we don't we don't we don't we don't need it um so Gage look at price already popped off this demand level over here scroll to the left so if you look down here I'm on a weekly right now price just bangs so yeah it just banged that right it banged that demand level so if you want Gage I would tell you this you got to pull back I would be short on oil but I would even say you're laid on being short because there was a massive pullback in oil so you're kind of you're kind of low in the range you're kind of middle to low in the range with a severe downtrend um but I would feel you kind of missed it I mean if you're trying to day trade it if you're trying to just throw in a little trade there's got to be a reason reason why oil is moving this much right now that's a big move what H what happened look now now you got me invested in something I don't give a [ __ ] about I can't make any money off of what happened with oil is it is it geopolitical is it this Israeli military is now targeting Beirut is that what's causing oil to do this probably gold meanwhile is not ignoring the risk gold is currently at 850 or 33% and two the high PR so what is gold doing are all assets down yeah so I just gave you an answer that to me and the Dollar's probably up a little bit no dollars down so iof I would so to to clarify everything for you I I would short it my friend but I wouldn't Market short it you're GNA have to wait for a pullback all right uh but that move right there that's got nothing to do with iof man there's other factors out there that's that that's that that's that's that's geopolitical fundamentals that's why that mooved like that is definitely why cuz look at it didn't hit a level it didn't hit anything does that make sense man it's a good bring up all right all right all right guys I'm out as I said before those of you that just hopped on maybe late I'd love to see you Thursday night at the class uh check it out the first one's free um if you decide to sign up you know it's 100 bucks and some change a month for a membership you can go to the website www.trade fandom.com check it out uh check out the free class first love to have you other than that I will be back on YouTube Wednesday all right I'm not oh yeah yeah okay I gotta uh yeah I'll see you guys later on take it easy